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Offseason Outlook: Milwaukee Brewers

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MLBTR is publishing Offseason Outlooks for all 30 teams.  Click here to read the other entries in this series.

The Brewers went from a near-miss in the 2017 postseason to a deep NLCS run against the Dodgers in 2018. With much of the core under control, general manager David Stearns and the rest of the Milwaukee front office will look to push the roster to the next level in 2019.

Guaranteed Contracts

  • Lorenzo Cain, OF: $66MM through 2022
  • Ryan Braun, OF: $38MM through 2020 (includes $4MM buyout of 2021 mutual option)
  • Christian Yelich, OF: $37.5MM through 2021 (includes $1.25MM buyout of 2022 club option)
  • Eric Thames, 1B/OF: $7MM through 2019 (includes $1MM buyout of 2020 club option)
  • Chase Anderson, RHP: $6.5MM through 2019 (includes $500K buyout of 2020 club option; contract also contains 2021 club option)
  • Jhoulys Chacin, RHP: $6MM through 2019
  • Jeremy Jeffress, RHP: $3.175MM through 2019 (contract contains 2020 club option)
  • Matt Albers, RHP: $2.5MM through 2019
  • Erik Kratz, C: $1.5MM through 2019 (as a pre-tender arbitration contract, Kratz’s deal is not fully guaranteed)

Arbitration-Eligible Players (service time in parentheses; salary projections via MLBTR contributor Matt Swartz)

[Brewers depth chart |  Brewers current payroll outlook | Brewers payroll projection analysis]

Free Agents

Generally speaking, there aren’t going to be a lot of holes to fill for a 96-win team that stands to retain the vast majority of its top players, but that’s perhaps less so in the case of these Brewers. Milwaukee’s outfield is set, if not overcrowded, but the Brewers’ infield, catching and rotation pictures all present the opportunity for improvement.

The Brewers bit the bullet and non-tendered Jonathan Schoop — a supposedly key trade-deadline acquisition who instead flopped in his limited time in Milwaukee. With Mike Moustakas, whose midseason acquisition was much more successful, hitting the open market and Orlando Arcia still not fully cemented as an everyday player in the big leagues, the Brewers could pursue multiple avenues to solidifying their infield mix.

Travis Shaw has proven a quality third baseman for the past two seasons in Milwaukee, but he shifted to second base at times when the club added Moustakas to the fold. Presumably, given the fact that Shaw grades out as a strong defender at the hot corner, the Brewers wish to return him to third base. At the very least, Milwaukee could stand to add a second baseman, where utilityman Hernan Perez currently tops the depth chart. Fortunately for the Brewers, there’s hardly a shortage of options available to them.

Frankly, it’s possible to imagine a variety of approaches, including the addition of multiple pieces that will see action at multiple positions. Super-utilityman Marwin Gonzalez would be an intriguing fit, and he’s certainly familiar to Stearns. But he may well cost more than the Brewers wish to pay. It’s not hard to imagine Stearns looking to find his own such player at a more palatable rate of pay.

DJ LeMahieu and Jed Lowrie head up a deep free-agent crop of second basemen. The former would bring some relative youth and premium defense to the position; the latter, meanwhile, is coming off a career-best season and offers more defensive versatility, though Lowrie will play next season at age 35. With top prospect Keston Hiura already reaching Double-A, the Brewers probably don’t feel the need to spend heavily on a long-term option at second base, and likely won’t be forced to in this market. Any of Brian Dozier, Daniel Murphy, Ian Kinsler or Asdrubal Cabrera could presumably be had on short-term pacts (in some cases, even one-year deals), and the trade market also features myriad options. Starlin Castro and Cesar Hernandez could be shorter-term options, while someone such as Arizona’s Ketel Marte is a longer-term piece who has the versatility to move to a utility role if Hiura pushes him off the spot. Stearns is never shy on the trade market, and he’ll have ample avenues to explore in that regard.

At shortstop, the need is less acute. Arcia was one of the game’s worst hitters in the first half of the season, but the former top prospect returned from a brief demotion to hit .290/.320/.386 in his final 154 plate appearances before hitting .333/.353/.606 in 34 trips to the plate in the postseason. Given his strong defensive ratings at short, his once-premium prospect pedigree and the fact that he’s headed into his age-24 season, there’s reason to believe that Arcia can hold down the fort in 2019 at the very least — if not blossom into a close approximation of the player he was projected to be when ranked as a top 10 prospect in the entire game. If anything, perhaps a glove-first utility option to support Arcia could make sense — someone in the mold of Freddy Galvis.

For a second consecutive offseason, the Brewers could explore the market for help behind the plate. Manny Pina regressed in most offensive respects in 2018, but to his credit, he improved substantially in terms of pitch framing, pitch blocking and halting stolen bases. Pina turned in a terrific defensive season but hit just .252/.307/.395. At present, he’s projected to pair with affable veteran Erik Kratz, who hit .236/.280/.355 while serving as a fan favorite and clubhouse leader. It’s a defensively sound pairing but one that also lacks much offensive upside. If the Brewers want to again try to pry a Marlins star out of Miami, they’d be a fairly natural landing spot for J.T. Realmuto, who’d bring a more well-rounded approach to the table. To date, there’s no real indication of how high a priority the club places on improving in this area, but there are quite a few other plausible targets floating around the market at different price points.

Turning to the pitching staff, Stearns and his lieutenants did well to prove that the public outcry for more rotation help last offseason was exaggerated. The Brewers will welcome Jimmy Nelson back to a starting staff that should feature a combination of Jhoulys Chacin, Chase Anderson, Zach Davies, Junior Guerra, Freddy Peralta, Brandon Woodruff and Corbin Burnes. It’s a quality mix of arms with some significant upside in the form of Nelson and Burnes. The standard adage that one can never have too much starting pitching always applies, and acquiring a clear top-of-the-rotation arm could allow the Brewers to deal from that depth to address other needs, but an impact starter is far more a luxury than a necessity for Milwaukee this winter. Milwaukee has often been mentioned as a possible landing spot for Sonny Gray, which would deepen that mix and add some potential upside to an already promising group. There’s also certainly an argument the Brewers should go bigger if they’re to make a move. The club has been connected to Noah Syndergaard, though that seems a remote possibility.

In the bullpen, the Brewers will return much of the unit that proved to be arguably the club’s greatest strength in 2018. Josh Hader, Corey Knebel and Jeremy Jeffress were an utterly dominant trio at the back of the Milwaukee ’pen for much of the season. The latter of that group may have worn down a bit in the postseason, but without the Herculean regular-season efforts of any of that threesome, the Brewers may not have been in the playoffs at all. They’ll likely be joined by veteran Matt Albers, Jacob Barnes and at least one of the rotation candidates who doesn’t end up winning a starting job this spring. But the Brewers could stand to strengthen an existing strength — particularly in the form of a left-handed reliever. Zach Britton and Andrew Miller are the top free agents out there, but Stearns hasn’t spent heavily on the ’pen in free agency since taking the reins in Milwaukee. The market has some bargain options and upside plays in the form of Oliver Perez, Zach Duke, Tyler Lyons and Jake Diekman, among others. An affordable southpaw option to pair with Hader, the resident late-inning juggernaut, would seem prudent.

Beyond filling out those needs, however, the Brewers face some surpluses with which to deal. The Brew Crew was happy to stockpile outfielders last season, knowing that players like Keon Broxton and Domingo Santana had minor league options remaining and could be shuttled back and forth from Triple-A to the Majors as needed. That won’t be the case next season, and with Yelich, Cain and Braun lined up in the outfield — Braun possesses a no-trade clause — the front office will have to make some tough decisions. Both Santana and Broxton are out of minor league options, making them obvious trade candidates this winter. Either could be used to help address the bullpen, infield or catching situations. With three and four years of club control left, respectively, neither is an extremely long-term asset, but they could very well still hold appeal to organizations such as the Indians, White Sox, and Giants that are in need of some outfield options.

It seems likely that Eric Thames will also see his name bandied about the rumor circuit this offseason. Jesus Aguilar’s ascension to primary first baseman and the outfield logjam have left Thames as something of an odd man out. It doesn’t help that the former KBO star took a step backward in his second season back in the Majors, hitting .219/.306/.478 in 278 plate appearances. Thames’ overall .237/.341/.504 slash in two seasons as a Brewer is still productive, though, and for a club seeking an affordable first base or corner outfield option (e.g. Twins, Rockies), the lefty slugger could be a reasonable target.

As MLBTR contributor Rob Huff noted in analyzing the Brewers’ payroll, the current roster construction leaves Milwaukee with around $15MM to spend — based on historically plausible payroll expectations in Milwaukee. However, moving someone such as Thames, Santana or Albers could create a bit of extra room. Beyond that, given a deep playoff run in 2018, perhaps owner Mark Attanasio will be content to push the envelope a bit further in terms of what he’ll spend on the 2019 roster.

Fortunately, the Brewers are lacking in a clear, glaring need. The rotation could be improved, but Nelson’s return and the emergence of Burnes, Peralta and Woodruff create a deep reservoir of arms from which to draw. Arcia showed signs of life at shortstop late in the season, and a short-term addition could bridge the second-base gap to Hiura. Neither Pina nor Kratz is a highly exciting option behind the dish, but it’s a sturdy enough pairing to support a young pitching staff. The bullpen’s top three spots are locked in, and some of the rotation mix figures to join the group.

None of that is to say that the Brewers don’t need to or won’t make some additions to bolster their chances in 2019. They assuredly will. But, rather than zero in on one specific area of need, Stearns and his staff can take a broad, value-based approach to looking at the best ways to improve the current collection of talent. That general tact has paid dividends (and produced surprises) over the past two seasons, so it’ll be interesting to see what the front office comes up with this time around.

Tigers Sign Matt Moore

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DECEMBER 4: The deal has now been announced.

NOVEMBER 27, 7:06pm: The guarantee is $2.5MM, Chris Cotillo of MassLive.com tweets. The contract also includes $1MM in potential incentives.

12:18pm: The Tigers and left-hander Matt Moore are in agreement on a one-year deal, reports Yahoo’s Jeff Passan (Twitter link). Mark Feinsand of MLB.com had indicated that the two sides were in talks just prior to that report (also via Twitter). Specific parameters aren’t clear, but Feinsand and Passan both suggest Moore would be looking at a guarantee in the range of $2-3MM. The deal is pending a physical. Moore is represented by Sosnick, Cobbe & Karon.

Matt Moore

Moore, still just 29, has struggled through a pair of awful seasons and would be a buy-low option for the Detroit rotation. Once considered the best pitching prospect in the game — Baseball America rated Bryce Harper, Moore and Mike Trout the game’s top three overall prospects prior to the 2012 season — Moore’s career came to a screeching halt in 2014 when he underwent Tommy John surgery.

To that point, Moore had amassed 347 big league innings with a 3.53 ERA, 8.8 K/9, 4.3 BB/9 and 0.9 HR/9 all before celebrating his 25th birthday. Moore struggled in his return from the ligament replacement procedure late in the 2015 campaign but gave some reason for optimism when he tossed a career-high 198 1/3 innings of 4.08 ERA ball in 2016. His velocity hadn’t quite returned to its peak levels but was on the upswing, and Moore looked to be on the path to reestablishing himself.

Unfortunately for both Moore and the Giants — who acquired him from the Rays midway through that solid 2016 campaign — the left-hander completely unraveled in 2017. Since Opening Day that season, he’s been clobbered for a 5.99 ERA in 276 1/3 innings of work. Moore has averaged 10.7 hits and 1.5 home runs per nine innings pitched during that time, and his strikeout rate has fallen sharply (7.5 K/9). Over the past two seasons, he ranks 123rd of 125 pitchers in ERA (min. 200 innings), 107th in FIP and 117th in xFIP.

Those struggles won’t matter much to the Tigers, who are hoping to catch lightning in a bottle with the once-vaunted left-hander. Moore will slide into the back of a rotation that will be devoid of any expectations. Michael Fulmer, Jordan Zimmermann, Matthew Boyd and Daniel Norris are the top candidates to join Moore in manager Ron Gardenhire’s rotation next year, though the Detroit organization has an extremely promising wave of starting pitching prospects on the horizon. Matt Manning, Franklin Perez, Beau Burrows and 2018 No. 1 overall draft pick Casey Mize are all rising through the ranks and could soon arrive to give the rebuilding Tigers some hope for years to come.

In the meantime, Detroit will turn to low-risk stopgaps like Moore (and, a year prior, Mike Fiers and Francisco Liriano) in hopes of extracting some quality innings at a reasonable price point. Should they succeed in this instance, Moore will quickly become a trade chip next June or July.

Mets Brass On Cano/Diaz Trade, Next Steps

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The Mets held a fascinating press conference today to introduce recent acquisitions Robinson Cano and Edwin Diaz — players who the organization clearly sees as major pieces of the club’s next winning roster. MLB.com’s Anthony DiComo was among the reporters to cover the festivities; all links below are to his Twitter feed unless otherwise noted.

New Mets GM Brodie Van Wagenen offered soaring thoughts on the occasion of his first major move with the club. “I stated that this organization intended to be relentless and fearless in the pursuit of greatness,” he said. “This trade should be a signal to our fans that words alone will not define our franchise.”

Getting a deal done was spurred not only by the team’s own direct interest, but also by a desire to land Diaz before the Phillies could do so. COO Jeff Wilpon indicated the presence of the division rivals in the bidding helped drive the talks. The Phillies ultimately balked at including their best young pitching in a deal for Diaz, Ken Rosenthal of The Athletic reports (subscription link). Ultimately, they struck a separate deal for shortstop Jean Segura.

Van Wagenen explained further that an “all-consuming” push over the past ten days or so led to a deal. Though Mariners GM Jerry Dipoto had said he was “inclined to hold onto Diaz” and “told us no a number of times,” the Mets “kept staying on it, kept trying to be aggressive on it” and ultimately made a match after batting around numerous deal possibilities.

Unsurprisingly, the addition of an aging but still-excellent player in Cano and a top-shelf young closer in Diaz seem to portend yet more acquisitions. As Van Wagenen put it, the Mets “did not make this move to be our last move.” Wilpon went into further detail, offering up some internal perspective on the club’s status. The team’s own analytical staff see this move as taking the club from an 83 to 84 win team to one that is a true-talent, upper-eighties outfit. With “a couple more things,” he suggested, “maybe we can be 90-plus.”

As ever, payroll remains a factor. This deal is cash-neutral for the 2019 season, though it does add future dollars. And as ever, there’s an opportunity cost — in this case, long-term spending capacity and the loss of young talent. But the Mets evidently feel they can continue to boost their competitiveness.

Wilpon chatted about the Mets’ financials, explaining that the ongoing efforts to work out a settlement on the insurance coverage for David Wright will hopefully soon result in a deal. Even if the funds won’t come in a lump sum, “some of that will go back to payroll.” Meanwhile, though the coverage on outfielder Yoenis Cespedes is said to be a “little bit less” than the 75% coverage the Mets have on Wright’s salary, there could be some funds flowing back for his absence as well.

It’s still not clear how high the Mets will go in an Opening Day payroll. The club has yet to crack the $155MM barrier to start a season, though even that mark would seem to leave room to spend. Of course, there are still quite a few obvious needs on the roster — as we covered in breaking down the Mets’ offseason outlook. Most notably, the club has a variety of bullpen openings to account for and could still pursue upgrades in the outfield, behind the dish, and perhaps also in the infield mix.

One possibility that has popped up on the rumor mill in recent weeks is a trade involving starter Noah Syndergaard, presumably with intentions of adding multiple youthful assets who could join a still-developing core. The early explorations evidently have not shown promise of resulting in a deal, however, as the Mets now say they are strongly leaning against moving Thor. Per Van Wagenen, only under  “very special circumstances” would he “even consider” trading a pitcher who, at his best, is among the top hurlers in all of baseball.

Needless to say, there’s tons to digest from this presser. Taken in conjunction with the trade itself, it sets up the Mets for a fascinating upcoming trip to Vegas for the Winter Meetings.

Kelvin Herrera Making Progress In Return From Lisfranc Surgery

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9:39am: Herrera has evidently taken a few more steps in the right direction, as he has now posted another video to Twitter in which he’s throwing lightly from his pitching motion.

9:25am: Former Royals and Nationals righty Kelvin Herrera had seemed primed to enter this winter’s market as one of the top relief assets, but his 2018 season came to a premature end when he suffered a torn Lisfranc ligament in his left foot that ultimately required surgery. Herrera remains a fascinating part of the relief picture, particularly since, as Rob Bradord of WEEI.com writes, he’s showing progress in his effort to return to the field.

Herrera’s timeline is still not certain, as he’s still clearing hurdles. But there’s a path open by which he could be ready for the start of the 2019 season, per Bradford, even if the smart money perhaps remains on a more conservative schedule. Notably, Herrera could enter the new year ready to participate in baseball activities — if he gets a thumbs-up in an upcoming medical check-up and is able to continue progressing in the meantime.

To this point, Herrera is only capable of light jogging. As he has documented on his Twitter account, though, he has already moved from this to this over the past six weeks — which highlights both the seriousness of the injury and the real strides he has already made.

There’s quite a lot left to learn over the coming weeks, clearly. In addition to the questions of physical progress themselves, Herrera’s own intentions aren’t yet known. The hurler will not turn 29 until New Year’s Eve and obviously possesses an impressive track record on the mound. That leaves him with some possibilities.

In terms of a contract, it feels likely that Herrera will look for a pillow deal rather than trying for multiple years — though perhaps that latter scenario cannot be ruled out entirely. MLBTR pegged Herrera to land a one-year, $8MM deal on the open market. It seems reasonable to expect that his contract would also include some other elements, with the recent deal inked by Tommy John rehabber Trevor Rosenthal serving as a potential model.

The Rosenthal situation offers some other potential similarities but also some important distinctions. He, too, is a still-youthful flamethrower (albeit a less consistent performer) who’s coming back from major surgery. Rosenthal had work done to his arm, which could conceivably be more concerning — though Herrera’s much more exotic injury (for a pitcher) is perhaps a greater unknown. In his case, though, he was able to throw for scouts and show that he was more or less back to full health, with his full velocity and arsenal of pitches nearly at hand.

For Herrera, waiting to take the hill to show his stuff to scouts would present some risks and possible rewards. The downside scenario would be one in which Herrera really isn’t at full speed and teams have already spent up much of their available payroll. But the upside is that he’d represent something of a late-breaking addition to the market who could spark a spring bidding war.

No doubt Herrera’s reps are weighing all the options and engaging with clubs in some preliminary chatter. And it’s notable that, as Bradford writes, there’s a real possibility that this winter’s market for relievers could develop over a broad timeline. With a fair number of matches yet to be made, and little in the way of clear matches, Herrera could increasingly be a factor as the puzzle takes shape. The Red Sox are at least a hypothetical suitor, Bradford notes, given the “industry speculation” that the organization will be “waiting out the relieving market” this winter. Other clubs, certainly, could take a similar approach.

Projecting Payrolls: San Francisco Giants

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With the Winter Meetings set to kick off next weekend, we’re moving to the tenth installment of this series. Here are links to the previous team payroll projections:

Philadelphia Phillies
Los Angeles Dodgers
Los Angeles Angels
Atlanta Braves
New York Yankees
Chicago White Sox
Boston Red Sox
Minnesota Twins
Milwaukee Brewers

If you have questions about financial information made available to the public and the assumptions used in this series, please refer to the Phillies piece linked above.

Today, we look into a club whose on-the-fly re-stocking in 2018 largely backfired, keeping them out of the playoffs for the second consecutive season for the first time since 2009: the San Francisco Giants.

Team Leadership

Unlike many of the teams that we have examined in this series, the Giants’ ownership structure is highly diversified and somewhat secretive. 2008 began with Peter Magowan’s 15th year as managing general partner of the club. Magowan began the year in turmoil in the aftermath of the Mitchell Report and ended the year having transitioned his management role to Bill Neukom. Neukom ran the show only until 2011 at which time Charles B. Johnson became the plurality member in the LLC that owns the ball club. Johnson reportedly owns approximately 25 percent of the team as part of a group of approximately 29 co-owners.

Despite the complicated ownership structure, the front office enjoyed tremendous continuity. Brian Sabean ascended to the role of general manager in 1997 and held that job through the 2014 season before climbing to Executive Vice President of Baseball Operations, with Bobby Evans handling day-to-day operations starting in 2015. No more. Sabean was reassigned out of Baseball Operations following the 2018 season, at which time Evans was fired.

The executive tasked with re-imagining the San Francisco front office? Former Dodgers general manager Farhan Zaidi. Zaidi spent a decade in the Bay Area with Oakland before spending the last four years in Los Angeles. As the new President of Baseball Operations, Zaidi will oversee the first major transition in San Francisco’s baseball management in two decades.

Historical Payrolls

Before hitting the numbers, please recall that we use data from Cot’s Baseball Contracts, we’ll use average annual value (“AAV”) on historical deals but actual cash for 2019 and beyond, and deferrals will be reflected where appropriate. And, of course, the value of examining historical payrolls is twofold: they show us either what type of payroll a team’s market can support or how significantly a given ownership group is willing to spend. In the most useful cases, they show us both. We’ll focus on a 15-year span for the Giants, covering 2005-18 for historical data as a means to understanding year 15: 2019. For the Giants, this time frame covers a period of rebuilding that ultimately fueled three World Series winners. We’ll also use Opening Day payrolls as those better approximate expected spending by ownership.

Those payrolls were remarkably stagnant through 2010 before taking a leap in 2011 that became an annual tradition throughout much of the years that followed.

During this period of increased spending, the Giants did reach luxury taxpayer status for the first time in 2015, remaining there for each of the next two seasons before resetting their status in 2018 by falling under the threshold. The team paid just $8.8 million in aggregate luxury tax payments over those three seasons, so the tax hasn’t substantially impacted team spending over our time frame.

While Major League spending has increased dramatically over the time period above, the Giants haven’t allocated substantial resources to international amateur bonuses. It seems as though the cash increases were focused nearly exclusively on the Major League roster that made regular trips to late October throughout this decade.

Future Liabilities

Get ready for lots of big numbers for multiple years.

The big-money, long-term commitments are staggering.

Cueto, owed $71 million over the next three years presuming that the Giants buy out his 2022 option, was a star during his debut season with San Francisco in 2016, producing 5.5 WAR in leading the team’s rotation as they made their most recent playoff trip. Cueto’s 2017 season was marred by numerous injuries, including the dreaded forearm strain that served as a precursor to a nightmarish 2018 spent largely on the disabled list before he underwent Tommy John surgery last August. As a result, the Giants likely expect little to nothing from him again in 2019.

Like Cueto, Posey underwent a significant operation in August. Unlike Cueto, Posey has produced at a consistently elite level throughout the course of his contract, until this year’s career-worst 106 wRC+. While Posey’s hip operation figures to hamper his efforts to prepare for the season, he should be ready around Opening Day.

Samardzija was solid during his first year in San Francisco before a strong second year in 2017. Unfortunately, the remarkably durable righty finally succumbed to the injury bug, losing most of 2018 to a shoulder injury that lingered into the start of the offseason. With only two years left on his deal, it’s possible that the Giants have received as much value as they’ll be getting from that contract.

The next two players are both longtime Giants who played key roles on championship teams but have settled into roles as solid regulars instead of impact stars. Both Belt and Crawford are young and talented enough to rebound in 2019, but neither contract represents excellent value, especially Belt’s as the first base market has largely collapsed since he signed his extension.

The next two contracts look bad. Really bad. Melancon arrived in San Francisco to shore up the back of a wobbly bullpen. However, bouts with forearm injuries have limited his chance to make an impact. When he has pitched, he’s been solid but certainly nothing close to what the Giants expected from him given his contract. Longoria appears headed down a startlingly similar path, struggling mightily in his first season since arriving from Tampa Bay via trade. At 33, Longoria faces long odds to reattain star status, but the Giants would likely be happy if he returned to being a solid regular for at least a few more years.

We’ll skip to Watson for a moment. The veteran lefty structured his contract in such a way that the Giants stayed just under the luxury tax threshold, and he rewarded the team by delivering the finest season of his career in 2018, despite an across-the-board drop in velocity.

Now for the skipped contract: Bumgarner. The longtime ace and World Series hero finds himself at a crossroads that would have been inconceivable two years ago. Bumgarner made at least 31 starts each year from 2010-16, but an April 2017 shoulder injury suffered in a dirt bike accident, perhaps combined with years of significant usage, has changed his trajectory going forward. The Giants are willing to listen on their ace as he heads toward free agency next year.

In the aggregate, San Francisco is as committed to their current roster as any team in the league. Overhauling the roster would require a bevy of big-salary moves from Zaidi.

Given this amount of guaranteed money, it is perhaps unsurprising that the Giants have very little in the way of arbitration-eligible talent. After they said goodbye to Hunter Strickland and Gorkys Hernandez, key reliever Will Smith is, incredibly, the only arbitration-eligible Giant who hasn’t already agreed to terms with the club. Here are their arbitration projections, noting that both Sam Dyson and Joe Panik have already come in at salaries south of those projected by MLBTR and Matt Swartz:

While Smith missed all of 2017, he returned in 2018 and filled the role of bullpen ace that Giants leadership hoped to see Melancon fill.

What Does Team Leadership Have to Say?

Very little regarding the specifics of the 2019 payroll. Given their recent payroll push into the baseball stratosphere of spending, the Giants are largely expected to maintain a significant payroll next year. While Zaidi has hinted at something of a mini-rebuild — perhaps including a Bumgarner trade — there’s no indication from management or ownership that payroll will plummet.

Kerry Crowley of The Mercury News expects payroll to stay in line with that of current years, coming in shy of the luxury tax line but among the top figures in the league.

Are the Giants a Player for Bryce Harper or Manny Machado?

Probably. It’s a bit tougher to see a Machado fit given that the Giants would likely have a whale of a time trying to move Crawford or Longoria right now. But Harper makes plenty of sense for a team in need of youth, power, and an influx of talent. He certainly checks all three boxes. As a kid from Nevada, it’s likely that the Giants at least get a chance to pitch the young slugger on the benefit of playing on the West Coast.

What Will the 2019 Payroll Be?

The Giants are much tougher to peg than most other teams given the relative silence of their front office and the equally likely possibilities that they rebuild on the fly or go for a return to glory in 2019.

Entering the next phase of the offseason, the Giants hold a payroll of $156.0 million, $162.8 million for luxury tax purposes.

If the Giants can get Harper to commit to the team, I expect that his commitment will be accompanied by ownership’s commitment to enter taxpayer territory for the next two or three years in order to field a viable winner. It’s going to take additional cash to get there.

If Harper doesn’t come to town, expect to see the team remain under the tax line, albeit arriving close to that figure. With the tax threshold at $206 million and somewhere north of $13 million counting for player benefits, the Giants figure to want that tax payroll to come in around $190 million to leave them with a bit of wiggle room.

Projected 2019 Payroll: $185 million cash ($204 million for luxury tax)

Projected 2019 Payroll Space: $29 million

Pitching Notes: Eovaldi, Corbin, Kluber/Bauer, Soria, Holland

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If there was any doubt as to the Red Sox’ desire to bring back Nathan Eovaldi after his strong run with the club late in 2018, president of baseball operations Dave Dombrowski put it to rest in comments today. As Chris Cotillo of MassLive.com was among those to report, Dombrowski confirmed that the organization has been engaged with Eovaldi’s camp this winter — though he also cautioned that “there’s a lot of interest” in the righty leaguewide. How far the Sox will go in the bidding remains to be seen, but Dombrowski said that Eovaldi is “a guy that we love.” With only a few major needs to be accounted for, the defending World Series champs seem a prime potential landing spot — as we predicted at the outset of the offseason.

  • The Padres also have interest in Eovaldi, per Dennis Lin of The Athletic (via Twitter). It has long been rumored that the San Diego club would hunt for starting pitching this winter, but the injury-prone, high-octane 28-year-old would make for a particularly interesting target. After all, numerous big spenders (see above) are in the fray. For the budget-conscious Friars, beating the market for Eovaldi would surely mean taking on a rather significant risk. Perhaps that’s part of a more general strategy for a team that has plenty of interesting arms filtering through the system and is looking to move toward contention now while adding players who’ll contribute for some time to come. The San Diego franchise has also kicked around trade concepts with the Mets on Noah Syndergaard and, as Lin notes, already agreed to a hefty two-year pact with Garrett Richards in hopes he’ll recover and turn in a strong 2020 campaign.
  • Even as Eovaldi draws plenty of interest it seems the early market will be driven by Patrick Corbin, the excellent lefty who just completed a tour of several big-spending east-coast clubs. The Nationals, Yankees, and Phillies still profile as the likeliest landing spots, Jon Heyman of Fancred tweets, though he notes that other teams are still in the mix. A decision, in any event, still seems to come sooner than later. Yankees GM Brian Cashman made clear that his organization is a serious pursuer of a hurler with deep ties to the region in an interview this evening with Jack Curry of the YES Network (write-up via MLB.com’s Bryan Hoch). “We’re doing everything in our power to put ourselves in position to be a legitimate consideration,” says Cashman, who calls Corbin “a special talent.” This sort of public endorsement obviously won’t decide the matter, but it surely indicates that the Yankees are engaged in a full press.
  • The trade side of the starting pitching market remains somewhat more difficult to assess at this stage, but the Indians still seem to be driving the bus (at least unless and until we learn more about the seriousness of the Mets’ intentions regarding Syndergaard). MLB.com’s Jon Morosi suggests on Twitter that the Cleveland org will likely wait until there has been some movement at the upper levels of free agency before moving Corey Kluber or Trevor Bauer, though it’s not entirely clear why that’d necessarily be the case. At the moment, Morosi adds in a subsequent tweet, the Braves are not actively engaged on either hurler. Of course, it’d likely be unwise to rule out the Atlanta club at this stage, given its assortment of intriguing young talent and desire to add a frontline rotation piece.
  • Veteran reliever Joakim Soria is drawing interest from at least a handful of clubs at this early stage of the free agent market, MLB.com’s Jesse Sanchez tweets. The Diamondbacks, Angels, Yankees, Braves, and Reds are all involved to some extent, per the report, representing an interesting slate of organizations. While the New York and Atlanta clubs are clearly in position to add veteran talent in a bid to repeat their postseason appearances from 2018, the other teams listed by Chavez are in somewhat less-certain positions in respect to the open market. The Los Angeles and Cincinnati ballclubs are surely interested in spending to contend, but will need to choose their targets wisely. Meanwhile, Arizona is exploring sell-side deals while also trying to achieve value with new investments. That Soria appeals to all of these teams seems to suggest that the league believes the 34-year-old has plenty left in the tank. And for good reason: he just wrapped up a campaign in which he spun 60 2/3 innings of 3.12 ERA ball, with a healthy 11.1 K/9 and 2.4 BB/9 along with a personal-best 14.4% swinging-strike rate.
  • Free agent southpaw Derek Holland is drawing multi-year interest, per Henry Schulman of the San Francisco Chronicle (via Twitter). It’s all but impossible to gauge his true market at this stage, with some bigger dominoes still to fall, but it stands to reason that he’d make some degree of sense for a fairly broad group of clubs. At the outset of this year’s hot stove market, we guessed Holland could warrant a two-year, $15MM commitment. Though there are obvious limits to his value at 32 years of age, Holland did finally break out of a multi-year malaise with a strong 2018 campaign in which he contributed 171 1/3 frames and worked to a 3.57 ERA — his first full season of sub-4.00 ball since way back in 2013.

Braves To Sign Pedro Florimon

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The Braves have reportedly agreed to a minor-league pact with veteran infielder Pedro Florimon. Roster Roundup had the news recently on Twitter, with Jon Heyman of Fancred tweeting today that a deal is in place.

Florimon, who’ll soon turn 32, has found his way onto a MLB roster in each of the past eight seasons. He has only twice reached triple-digit plate appearances, though, and hasn’t done so since a 2013 campaign in which he received semi-regular time with the twins — but hit just .221/.281/.330.

In the intervening years, Florimon has carved out a role as a handy depth infielder. He cracked the Opening Day roster of the Phillies last year, but missed much of the season with a broken foot. He doesn’t seem to have much of a path onto the Braves roster awaiting him in camp, though he could certainly be the first man up if a need arises in the infield.

Angels Announce Coaching Staff

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The Angels have announced the coaching staff that will serve alongside new skipper Brad Ausmus. We had previously covered the hiring of Ausmus as well as pitching coach Doug White, hitting coach Jeremy Reed, and assistant hitting coach Shawn Wooten.

A variety of notable names will be rounding out the unit — in a manner that lines up nicely with the coaches’ prior experience. Long-time MLB infielder Mike Gallego will, unsurprisingly, work with the infielders. He’ll also coach third base. Similarly, long-time backstop Jose Molina will work with the Halos’ catchers.

Gallego had been director of baseball development for the Halos, while Molina was working as the minor-league catching coordinator with the organization. Obviously, both impressed the organization, as they’ll now step back into a uniform at the MLB level.

Jesus Feliciano, who only briefly cracked the bigs as a player, will make his way back to the majors as well. He’s set to work with the outfielders, a position he long played in the minors, while serving opposite Gallego as the team’s first base coach. Feliciano had worked previously in the Cubs system.

In other staff moves, former MLB slugger Paul Sorrento will form a trio with Reed and Wooten to work with the organization’s hitters. He had been assistant hitting coach but will now work as “hitting instructor.” Recently retired reliever Andrew Bailey had been replay coordinator but is moving into a role as bullpen coach.

Phillies, Mariners Announce Trade Involving Jean Segura, Carlos Santana, J.P. Crawford

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The Phillies and Mariners have struck a deal that sends shortstop Jean Segura to Philadelphia along with relievers Juan Nicasio and James Pazos. On the other end of the swap, the Seattle organization will receive veteran first baseman Carlos Santana and young infielder J.P. Crawford.

Money is a major aspect of this deal, but it seems the clubs were able to work things out by swapping contracts rather than paying down portions of any deals. Segura will receive a $1MM bonus for waiving his no-trade clause. It seems the M’s will pay, though that’s not fully clear. Segura will keep his NTC rights moving forward in Philly.

Seattle has pulled off a series of significant moves this winter, in service of what the club hopes will be a relatively quick reboot. Cost savings aren’t the only relevant pursuit, but it’s clearly important. In a way, then, this trade feels like a bit of a surprise at first glance.

After all, Segura is not only a high-quality player, his contract rights are generally appealing. He doesn’t turn 29 until March, and he is controlled through the 2022 season on a contract that will pay him $58MM over those four seasons (including a $1MM buyout of a $17MM club option for 2023). With Nicasio’s $9MM salary for 2019 added in, there’ll be $67MM in total heading to the Philly books.

On the other side, the M’s are taking back $35MM owed to Santana over the next two seasons (including the $500K buyout of his 2021 option, which is priced at $17.5MM). Since the other two players in the deal are not yet eligible for arbitration, the Seattle ledger will be left about $32MM lighter at the end of the day.

Beyond the financial savings, which are significant but nevertheless disappointing given Segura’s performance, the Mariners are adding an intriguing replacement at shortstop. Crawford has been a consensus top-16 prospect in the sport (as per Baseball America and Baseball America) in each of the last three seasons, though his messy, injury-plagued 2018 season has certainly dimmed his stock.

Crawford, the former 16th overall pick, first reached Triple-A in 2016. He scuffled at the plate in his first exposure, but came into his power in the following season and seemed primed for a breakthrough. Unfortunately, forearm and hand injuries intervened, limiting Crawford’s time. It’s notable, too, that he went down on strikes in 26.8% of his plate appearances while walking at a good-but-not-great 9.4% rate. Plate discipline, after all, is his calling card. On the other hand, his .214/.319/.393 slash still worked out to a 96 wRC+ and there’s still surely room to grow. Crawford, after all, will not turn 24 until January.

Even while recognizing the very real value that still lies in the rights to Crawford, it’s hard to escape the sense that this wasn’t a deal the Mariners really loved making. While there was some interest from other quarters in Segura — the Yankees reportedly took a look, while the Padres and Mariners discussed a potential blockbuster that would’ve sent Segura and Mike Leake to San Diego in exchange for Wil Myers — it seems it never reached a boiling point. It’s certainly true, as Jeff Sullivan of Fangraphs wrote tonight, that there was a thin market at shortstop. And some whispers of clubhouse issues (including a scrap with Dee Gordon) probably didn’t help. As Dipoto explained tonight: “If the market were higher, we would have made a higher level trade.”

There’s certainly some value in Santana, too, despite his tepid output in 2018. It was just last winter, after all, that the market made him something of an exception for its newfound dislike of lumbering sluggers. The switch-hitter’s plate discipline remains top-notch, and he not only handles first base well but showed he can give some innings at the hot corner.

If you look at it long enough, you can begin to wonder why it is the Phillies were interested in giving up Santana after adding him only one year back. Surely, the team can see that his .231 batting average on balls in play is likely to rise and that he’s more or less the same player they targeted. In this case, though, GM Matt Klentak and co. were faced with some incongruous roster occupants and a clear mandate to improve.

Last year’s experiments provided information, but perhaps not of the kind the Phils were hoping for. Rhys Hoskins failed to make the transition from first base to the corner outfield, creating a dilemma. Meanwhile, Crawford wasn’t quite ready to become a regular at short; neither was Scott Kingery.

This swap, then, suits a variety of needs in Philadelphia. Finding a reasonable way to move on from Santana was clearly necessary. Hoskins can step back in at first base while leaving a corner outfield spot open for some other impactful hitter who can handle the position defensively.

The addition of Segura, though, was surely the driving force. He has become a highly productive offensive player, with a .308/.353/.449 slash line to go with 41 homers and 75 steals over the last three seasons. While Segura is highly reliant on contact, he’s also quite good at avoiding strikeouts (personal-low 10.9% K rate in 2018) and getting aboard when he puts the ball in play (.320 lifetime BABIP). Perhaps he won’t revisit his high-water power point (twenty long balls and a .181 ISO in 2016), but Segura seems likely to deliver above-average work with the bat for much of the remainder of his deal.

It’s not as if Segura is a stretch to play at shortstop, either. He has mostly graded in range of average over the years, with DRS generally valuing him as a slight plus and UZR shading the other way. Regardless, he can handle the job. Segura hasn’t scored as well for his overall baserunning in recent years, but obviously can still run and should probably be viewed as a positive performer in that regard as well.

Some reports had indicated that just-acquired Mariners right-hander Anthony Swarzak was to be passed along in the swap. Instead, it’s Nicasio, who has a similar salary to that of Swarzak and functions in the same essential capacity in this trade. Actually, the 32-year-old Nicasio looks to be one of the most interesting buy-low relief candidates out there on the heels of a bizarre 2018 campaign. He was tagged for six earned per nine over 42 frames, but also posted a pristine combination of 11.4 K/9 and 1.1 BB/9. Clearly, a .402 BABIP and 58.1% strand rate played a big role in the struggles.

Meanwhile, Pazos could be a cost-effective boon to the Philadelphia relief corps, having pitched to a 3.39 ERA with 9.5 K/9 and 3.4 BB/9 across 103 2/3 innings for the Mariners from 2017-18. He’s not yet arbitration-eligible and can be controlled through the 2022 season. As Ryan Divish of the Seattle Times notes on Twitter, Pazos exhibited some worrisome trends late in the year, with some velocity loss and “mechanical issues.” Still, it’s an easy chance for the Phillies to take on a potentially quality reliever who’ll still earn the league minimum.

For both organizations, then, this was quite a notable swap — and one that could set the stage for further dealing.

On the Phillies’ side, the club has found an answer at short, but perhaps not in the way some anticipated entering the winter. Manny Machado now looks to be a potential target to line up at third base, which isn’t his preferred position, as Klentak has made clear that the club sees Segura as its shortstop. Having made a significant upgrade without adding much salary (and even while resolving the Santana issue), the Phils also now still seem to have ample flexibility to work with in exploring further major acquisitions.

Meanwhile, Mariners GM Jerry Dipoto has now moved three more established players after already shipping out James Paxton, Mike Zunino, Alex Colome, Robinson Cano, and Edwin Diaz in less than four weeks’ time. Mike Leake and Kyle Seager are also being shopped. And perhaps the team’s most recently added veterans shouldn’t be ruled out, either, with Santana joining Jay Bruce and Anthony Swarzak as pieces that could be moved if the M’s see a chance to add talent and/or save further coin. It’ll be most interesting to see whether any further controllable talent — most notably, Mitch Haniger and Marco Gonzales — could be on the move this winter.

The Athletic’s Ken Rosenthal reported that a deal was nearing (Twitter link). USA Today’s Bob Nightengale tweeted further detail, as did Rosenthal (Twitter links). Rosenthal (in a tweet) and colleague Jayson Stark (on Twitter) had details on Segura’s no-trade rights.

Photos courtesy of USA Today Sports Images.

Giants Likely To Hire J.P. Ricciardi In Advisory Role

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Former Blue Jays general manager and Mets special assistant J.P. Ricciardi is finalizing a new contract to join the Giants’ front office as a senior advisor, reports Jeff Passan of Yahoo Sports (via Twitter). It’ll be the first of what should be several front office additions for new president of baseball operations Farhan Zaidi. Andrew Baggarly and Ken Rosenthal of The Athletic first reported talks between the two sides (Twitter link).

The 59-year-old Ricciardi spent eight years as a special advisor to the general manager in New York played a prominent role in the front office between the time at which Sandy Alderson stepped down as general manager and Brodie Van Wagenen was hired as Alderson’s successor. Ricciardi, along with fellow advisor Omar Minaya and assistant GM John Ricco, shared the workload of overseeing the Mets’ baseball operations department for much of the summer following Alderson’s departure. The Mets announced last month that the two sides had “mutually” agreed to part ways.

Ricciardi is no stranger to the Bay Area, having come up through the ranks with the Athletics in the late 80s and early 90s. The veteran exec broke into the front office side of the game as an area scout with the A’s in 1986 and rose to the titles of scouting supervisor, national crosschecker and, in 1999, director of player development. The Blue Jays hired him as their general manager in 2001 — a role he’d hold for eight years before being replaced by Alex Anthopoulos in 2009. Ricciardi has worked extensively with both Alderson and current A’s executive vice president Billy Beane in the past and will bring more than three decades of scouting and player development experience to his new post if and when the organization makes the hiring official.

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