Archives for January 2018

Extension Records: Pre-Arbitration

By Jeff Todd | January 3, 2018 at 12:17pm CDT

While it’s true that we haven’t yet seen all of the anticipated activity in the trade and free agent markets, that likely won’t stop teams and players from considering extensions. This is around the time of year that it’s typical to begin seeing deals.

Last year was no exception, with players such as Danny Duffy, Wil Myers, and Kole Calhoun among those inking extensions in January and others following throughout the spring. In some cases, the pressures of arbitration agreements help to spur broader talks; the Cardinals, for instance, locked up Carlos Martinez for the long run rather than just nailing down a single-season salary.

With another extension season perhaps soon to be underway, it seems like an opportune time to look at some of the top such contracts ever agreed upon. (We did something similar last year with some arbitration records.) Of course, we utilized MLBTR’s extensive extension tracker to produce the results.

All of the above players were at least eligible for arbitration. But some of the most interesting deals occur in situations where a player has yet even to reach the stage in which their salary will begin to rise significantly. In such cases, teams often possess quite a bit of leverage, though the relative lack of MLB track record of those players can perhaps also increase the risk.

Here are a few important market markers for pre-arb extensions:

Earliest Extension

Jon Singleton, Astros: Zero days of service

At some point, this’ll likely become a shared record. For now, though, Singleton is the only player who has ever signed an extension prior to (or, in his case, at the point of) his first MLB promotion. While the contract promised Singleton only $10MM, it gave him both protection and some earning upside, as I explained at the time. While Singleton is still young enough to turn things around, he has not yet panned out at the MLB level, so the deal has worked out quite well for him.

Biggest Contract, Less Than One Year Of MLB Service

Tim Anderson, White Sox: 6 years, $25MM (plus two options)

This contract type was once almost exclusively in the domain of the Rays, who locked up Evan Longoria (link), Matt Moore (link), and Chris Archer (link) to early deals. (Salvador Perez of the Royals is another key example.) But the Sox came through with the most recent, and most lucrative, deal for a player with less than one year of MLB service. Anderson had played for most of a season at the game’s highest level, so it wasn’t as if he had yet to put down any track record there. But it still seemed like a not-insignificant risk for a player with some definite kinks to iron out. Anderson struggled in the first year after signing the deal, though there’s plenty of time for him to make good on it.

Biggest Contract, Between One And Two Years Of MLB Service

Andrelton Simmons, Braves: 7 years, $58MM

Though Simmons never seemed likely to draw massive arbitration salaries, since so much of his value came from his glovework, he still holds the record for the largest deal for a player with less than two years of MLB service. That deal topped Ryan Braun’s longstanding record of $45MM. Most recently, Christian Yelich of the Marlins comes in just behind Simmons with a deal that promised him just under $50MM and also included a club option for an eighth season. While the Simmons contract has since been dealt to the Angels, it continues to be an appealing asset — all the more after his outstanding all-around 2017 season.

Biggest Contract, Between Two And Three Years Of MLB Service (Non-Super Two)

Mike Trout, Angels: 6 years, $144.5MM

This deal stands out, and for good reason: Trout is the greatest player of his generation. No other 2+, non-Super Two players have landed in his stratosphere, though some have secured major guarantees. Carlos Gonzalez ($80MM, Rockies), Hanley Ramirez ($70MM, Marlins), Matt Carpenter ($52MM, Cardinals), Andrew McCutchen ($51.5MM, Pirates), Justin Upton ($51.25MM, Diamondbacks), and Rougned Odor ($49.5MM, Rangers) are among them. Since signing, Trout has continued to reel off otherworldly seasons. The 26-year-old almost certainly would have secured his third MVP award in 2017 had he not been limited to 114 games due to a thumb injury.

Biggest Pre-Arb Pitching Contract

Corey Kluber, Indians: 5 years, $38.5MM (plus two options)

Fair to say there’s some added risk discount baked into pitching deals. Kluber became the latest highly accomplished pre-arb hurler to ink a contract with this same essential structure. The dollars have slowly crept upward over the years, but the early-2009 Jon Lester deal with the Red Sox remains the model. Over the years, Yovani Gallardo (link), Trevor Cahill (link), and Chris Sale (link) are among the starters that took this sort of agreement with over two years of MLB service (but not enough to reach arbitration as a Super Two). It’s not really worth treating the 1+ service class any differently; we’ve seen the same apply there, with Madison Bumgarner earning the largest such deal ($35MM) and pitchers like Julio Teheran (link) and Ricky Romero (link) also checking in with similarly structured contracts. Kluber’s age likely prevented him from truly breaking out of the mold, as he was coming off of a Cy Young campaign when he put pen to paper. Since, he has turned in 640 2/3 innings of 2.98 ERA pitching, locking up his second AL Cy Young nod last season.

Biggest Pre-Arb Reliever Contract

Sean Doolittle, Athletics: 4 years, $10MM (plus two options)

It’s not all that surprising to learn that not many pre-arb relievers have signed extensions at all, let alone that none rank among the largest in the game. Perhaps that will begin to change, though, with the bullpen taking on an increasingly prominent role in game management and top-end arms securing rather massive payouts via free agency (and, in some cases, through saves-fueled arbitration cases). The Doolittle contract has worked out quite well despite his injury struggles and the A’s own disappointments on the field. Oakland swapped the contract to the Nationals last summer, cashing in on the high-powered southpaw at a point when he was in good health and throwing well.

Longest Guaranteed Term, Pre-Arb Extension

Ryan Braun, Brewers: 8 years

Unless there’s a longer prior deal that pre-dates our database and isn’t known to this author — if so, let us know in the comments! — the first Braun extension contained the longest fully guaranteed term given to a pre-arb player. (As noted above, its $45MM guarantee also once held the record for money promised to a 1+ arb class player, but it has since been eclipsed.) There are a few other deals that contemplate potential eight-year terms — utilizing 7+1, 6+2, or 5+3 guarantee/option structures — but this appears to be the only one that gives the player such extensive security for such a long time frame. Astute readers will note that one contract appears to provide for a potential nine-year term: Jose Tabata’s extension with the Pirates, which has widely been discussed as a six-year contract with three options. But that deal was signed in August of 2011 — the same season that must be counted as the first to accept that characterization. While Tabata did receive a modified salary for the season he was then in the middle of playing, the deal covered only eight future campaigns. (As things turned out, of course, the options never even came into play as Tabata’s career fizzled out.)

Photo courtesy of USA Today Sports Images.

Minor MLB Transactions: 1/2/18

By Jeff Todd | January 2, 2018 at 11:02pm CDT

We’ll track the day’s minor moves in this post:

The Reds have reached a minor league agreement with utilityman Phil Gosselin, Chris Cotillo of SB Nation reports (Twitter link). The 29-year-old Gosselin divided last season between the Pirates and Rangers organizations, hitting an ugly .146/.180/.188 over a small sample of big league PAs (50). While Gosselin was also ineffective at the Triple-A level (.260/.299/.326 in 292 PAs), he’s not far removed from a useful two-year showing in the majors. From 2015-16, Gosselin combined for 1.4 fWAR on the strength of a .280/.340/.411 line in 358 trips to the plate with the Braves and Diamondbacks.

Earlier updates:

The Phillies have agreed to a minor league contract with right-handed reliever Steve Geltz, Cotillo tweets. Geltz worked exclusively with the Dodgers’ Triple-A affiliate in 2017 and posted a 2.67 ERA, 9.67 K/9 against 4.00 BB/9 and a 37.1 percent groundball rate over 27 innings. The 30-year-old previously saw major league action with the Angels (2012) and Rays (2014-16). Across 104 1/3 big league frames, Geltz owns a 4.23 ERA to accompany 8.54 K/9, 3.71 BB/9 and a 28.8 percent grounder mark.
Infielder Ivan De Jesus Jr. is joining the Red Sox on a minor league deal, per Cotillo (Twitter link). De Jesus, 30, has past experience with the Boston organization, having been a member of it in 2012 and ’14. More recently, he spent last season with the Brewers’ Triple-A club and batted a robust .345/.407/.488 in 466 trips to the plate. He hasn’t been nearly as successful across 545 major league PAs with the Dodgers, Red Sox and Reds, having slashed .242/.303/.327.
The Cardinals have added backstop Steven Baron on a minors pact, according to MLB.com’s Jenifer Langosch (via Twitter). (As she also notes, and we covered previously, the club also added catcher Francisco Pena.) Baron, 27, was the 33rd overall pick in the 2009 draft, but he has never hit much at all in the minors and has only minimal MLB experience. Still, he’ll represent another upper-level depth option for the Cards, who’ll become his first organization other than the Mariners. Baron spent most of 2017 at Triple-A, where he slashed .256/.339/.329 in 187 plate appearances.

Cubs Rumblings: Arrieta, Darvish, Cobb, Cole, Yelich

By Connor Byrne | January 2, 2018 at 9:07pm CDT

The latest on the North Siders comes from Bruce Levine of CBS Chicago…

To this point, the Cubs and Cardinals have shown the most interest in free agent right-hander Jake Arrieta, according to Levine. The Cubs reportedly may be willing to offer a four-year, $110MM contract to the soon-to-be 32-year-old Arrieta, who mostly thrived with the team from 2013-17.
Elsewhere on the pitching market, the Cubs remain in contact with Yu Darvish and Alex Cobb, per Levine, though he casts doubt on them being the favorites to sign the latter. They’re wary of Cobb’s asking price, which appears to be in the $17MM to $19MM range per annum, Levine relays.
Along with the previously reported Chris Archer, the Cubs are interested in swinging a trade for Pirates righty Gerrit Cole, Levine writes. This is the first reported connection of the offseason between the Cubs and Cole, who has mostly been linked to the Yankees. Talks between the Yankees and Pirates simmered last month, though, which could pave the way for another team to swoop in and land the 27-year-old. Given that Chicago and Pittsburgh are in the same division, the Cubs are obviously quite familiar with Cole. The Scott Boras client is under control for the next two seasons, and he’ll earn a projected $7.5MM in 2018.
Looking beyond starting pitching possibilities, Levine doesn’t rule out more additions to the Cubs’ bullpen or position player group. With Wade Davis having signed with the Rockies, the Cubs could be in the market for a closer if they don’t want to turn the ninth-inning reins to either of the just-signed Brandon Morrow–Steve Cishek tandem or another in-house option. But whether the team bids on a top free agent like Greg Holland or Addison Reed could depend on how much spending room it has left after it picks up another starter, per Levine. Further, it’s possible the Cubs could try to trade for Marlins outfielder Christian Yelich, who would likely cost them fellow center fielder Albert Almora Jr. in a deal, Levine contends. He also lists free agent center fielder Lorenzo Cain as a name to watch for the Cubs.

NL Notes: Marlins, Dodgers, Rockies, Brewers

By Connor Byrne | January 2, 2018 at 8:03pm CDT

Barry Jackson of the Miami Herald has obtained two versions of Project Wolverine – the operational plan of new Marlins owners Derek Jeter and Bruce Sherman – one of which is from August and the other from a couple months before. According to the document, whose name stems from Jeter’s home state of Michigan (the Wolverine State), the Marlins will turn a profit in 2018. Most of that will come from MLB’s sale of BAMTech to Disney, which entitles each team to a one-time payout of $50MM. Otherwise, exactly how much of a profit the Marlins will rake in next season is going to depend largely on their television deal with Fox, Jackson explains.

Back in August, Jeter and Sherman forecast a $68MM “cash flow” profit, but they projected $44.8MM would come via an up-front payment from a renegotiated TV contract with Fox. There hasn’t been a renegotiation yet, though, and if it doesn’t occur, the Marlins’ projected profits would drop to $23MM or lower for next season, Jackson reports. The Marlins’ pact with Fox runs through 2020 and ranks as the lowest-paying TV contract in the majors, and as Jackson notes, it’s a key reason why the team is unwilling to field a larger payroll. Additionally, as of August, the Marlins expected a 2018 spike in attendance revenue, but that now looks questionable at best with fan favorites Giancarlo Stanton and Marcell Ozuna having been traded in payroll-slashing deals. Looking beyond next season, Jeter and Sherman projected profits of $10MM in 2019, $15.8MM in 2020 and $22MM in 2021 in August, details Jackson, whose piece is well worth a full read.

Checking In On Last Year’s American League Playoff Teams

By Connor Byrne | January 2, 2018 at 6:25pm CDT

With 10 teams qualifying for the MLB playoffs annually, there’s guaranteed to be a fair amount of turnover at the top of the mountain each season. For instance, both the 2016 and ’17 postseasons welcomed five playoff teams that didn’t earn a trip during the previous campaign. At least some of last year’s playoff-bound clubs will face a high degree of vulnerability going into 2018, then, and it would obviously behoove all 10 to make as many improvements as possible heading into the spring. This offseason has unexpectedly operated at a Pedro Baez-esque pace, leaving room for 2017’s top teams to make some significant moves over the next couple months if they wish.

As you’ll see below in this AL-focused edition, headline-grabbing transactions are likely still on the way for some of the junior circuit’s best teams from a year ago.

Cleveland Indians (2017 record: 102-60; current FanGraphs projection for 2018: 93-69): While the Indians are the odds-on favorites to win the AL Central for the third straight year, they’ve absorbed multiple blows this winter. First baseman/designated hitter Carlos Santana, who had been a stalwart for the Tribe since 2010, joined the Phillies as a free agent. Likewise, workhorse reliever Bryan Shaw and fellow late-game standout Joe Smith exited on the open market, taking away a couple members of last year’s otherworldly pitching staff. And the Indians may also lose two more notable 2017 contributors in outfielders Jay Bruce and Austin Jackson, both of whom are unsigned.

Contrary to last offseason, when the Indians’ windfall from their 2016 World Series run helped them splurge on free agent Edwin Encarnacion, they’re unlikely to make any major moves this winter. As it stands, Cleveland hasn’t created headlines aside from exercising talented but injury-prone outfielder Michael Brantley’s $12MM option, reeling in Santana’s replacement – Yonder Alonso, whose fly ball-first offensive approach led to quality results in 2017 – and picking up outfielder Melvin Upton Jr. on a minor league pact. Jackson himself took a minors deal last year and went on to thrive as a reserve, giving the Indians hope that Upton will reestablish himself in similar fashion next season.

Houston Astros (2017 finish: 101-61; current projection for 2018: 97-65): No one would have blamed the reigning World Series champions for doing little to nothing this winter, given the dearth of weaknesses on their roster. Thus far, a bullpen that was unreliable in the playoffs has been an area of focus. Even that group wasn’t in dire need of help, however, despite Luke Gregerson’s departure in free agency. Nevertheless, the Astros bolstered their relief corps with the signings of the aforementioned Smith and ex-Cub Hector Rondon, giving them two more righties to join the likes of Ken Giles, Chris Devenski, Brad Peacock, Will Harris and Joe Musgrove.

It’s possible Astros general manager Jeff Luhnow’s offseason heavy lifting is now done, though it would seem unwise to rule out more pickups. After all, the Astros have been connected to top-tier starters Yu Darvish, Jake Arrieta and Chris Archer, star outfielder Christian Yelich, and catchers J.T. Realmuto and Jonathan Lucroy on the rumor mill in recent weeks. They even showed some interest in 2017 NL MVP Giancarlo Stanton before the Marlins shipped him to the Yankees last month, and they’ve looked at free agent outfielder Carlos Gonzalez.

The shine has come off CarGo lately, but he might help replace retired designated hitter Carlos Beltran – who, despite being a highly respected veteran presence, wasn’t productive on the field last season. For now, catcher Evan Gattis is the front-runner to serve as Houston’s DH in 2018. If he does, that could open up room for a Realmuto or Lucroy acquisition, especially with Gattis and starting backstop Brian McCann likely to become free agents after next season.

Boston Red Sox (2017 finish: 93-69; current projection for 2018: 91-71): Despite their success last season, the Red Sox endured an uncharacteristically poor year at the plate as they began life after David Ortiz. While Boston did finish 10th in the majors in runs, it placed just 22nd in wRC+, 27th in home runs and 28th in ISO. Consequently, their fan base has been calling for the acquisition of a bopper to help fill Ortiz’s monumental void. President of baseball operations Dave Dombrowski is sure to oblige at some point as he attempts to make life easier on rookie manager Alex Cora. The question is: Will the Red Sox successfully woo the premier hitter on the market, outfielder J.D. Martinez, and where would he play with the enviable OF trio of Mookie Betts, Jackie Bradley Jr. and Andrew Benintendi in the fold?

The Red Sox and Martinez, an elite hitter with serious defensive limitations in the grass, have been in a staring contest for weeks. With free agency moving so slowly, a deal doesn’t appear imminent. Should Boston come up short in the Martinez sweepstakes, it’s unclear what it would do for a Plan B. Free agent first baseman Eric Hosmer, White Sox first baseman Jose Abreu and Orioles shortstop/third baseman Manny Machado have been on the Red Sox’s radar this winter; however, the presences of just-re-signed first baseman Mitch Moreland and DH Hanley Ramirez could complicate matters (the latter may be a release candidate, though), and acquiring Machado from the division-rival Orioles is hardly a slam dunk.

New York Yankees (2017 finish: 91-71; current projection for 2018: 91-71): The Yankees have also been in on Machado, who’d add to an already ridiculous lineup that includes the newest Bronx Bomber, Stanton, fellow 50-home run man Aaron Judge and big-hitting catcher Gary Sanchez, among others. Although swinging a deal for Machado appears unlikely, he’d fill a greater need in New York than he would in Boston. The Red Sox, after all, look set on the left side of their infield with Rafael Devers and Xander Bogaerts, whereas the Yankees have lost third basemen Chase Headley and Todd Frazier since last season. They also waved goodbye to second baseman Starlin Castro, who – along with two low-level prospects – went to Miami in the Stanton swap. But that was a small price to pay to get Stanton and Judge in the same lineup and outfield.

Being able to write Stanton, Judge and Sanchez into his normal lineup will put neophyte skipper Aaron Boone in an enviable spot, but the Yankees’ work isn’t necessarily done. While they’re bent on staying below the $197MM luxury tax threshold in 2018, GM Brian Cashman still seems likely to acquire at least one veteran infielder (perhaps Frazier, who remains a free agent) so as not to turn to unproven options at both second and third. Additionally, despite the re-signing of CC Sabathia and the presences of Luis Severino, Masahiro Tanaka (who surprisingly didn’t opt out of his contract at season’s end), Sonny Gray and Jordan Montgomery, Cashman has been on the hunt for an established, controllable starter.

The Yankees sent a haul of prospects to the A’s for multiple years’ control over Gray last summer, and it may happen again this winter for someone like Gerrit Cole (Pirates), Michael Fulmer (Tigers), Chris Archer (Rays) or Danny Duffy (Royals). Alternatively, a trade for contract-year Diamondbacks left-hander Patrick Corbin seems like a possibility. The Yankees have also shown interest in Darvish, though that looks like an improbable match when considering their tax concerns. Dumping a large portion of reserve outfielder Jacoby Ellsbury’s $68MM-plus contract on someone would help make a Darvish signing more realistic, but good luck with that.

Minnesota Twins (2017 finish: 85-77; current projection for 2018: 81-81): Speaking of Darvish, the small-market Twins have aggressively courted him this offseason as they work to upgrade an underwhelming starting staff. It’s an unlikely marriage on paper, but GM Thad Levine is familiar with Darvish from their time in Texas together. More importantly, the Twins have money available to make such a splash, as MLBTR’s Steve Adams explained in November. Whether via free agency (Darvish, Jake Arrieta, Lance Lynn, Alex Cobb) or a trade (Archer?), it would behoove the Twins to add at least one proven starter to a group that lacks certainty after Ervin Santana and Jose Berrios. Otherwise, repeating as a postseason-bound team in 2018 could be a rather tall task for Minnesota, particularly with the playoff-hopeful Angels having made one well-received move after another this winter. The Twins, meanwhile, have been mostly quiet in terms of transactions, with relatively inexpensive relievers Fernando Rodney and Zach Duke being their only notable signings.

Of course, when talking about the Twins’ offseason, it would be impossible to ignore the controversy surrounding franchise building block and third baseman Miguel Sano. Last week, photographer Betsy Bissen accused Sano of assaulting her in 2015. Sano issued a denial, but the league is now investigating the claim.

Photo courtesy of USA Today Sports Images.

East Notes: Yelich, Realmuto, Marlins, Machado, Sox, Orioles

By Connor Byrne and Jeff Todd | January 2, 2018 at 4:36pm CDT

The Marlins continue to discuss center fielder Christian Yelich and catcher J.T. Realmuto with other clubs, but there’s “nothing imminent” on the trade front, Mark Feinsand of MLB.com hears (Twitter link). Although the Marlins are in teardown mode, it would reportedly take a “huge overpay” for them to deal either Yelich or Realmuto, their two most valuable assets. The 26-year-old Yelich is controllable through 2022 on one of the majors’ most appealing contracts, while Realmuto (27 in March) is set to play his first of three arbitration-eligible campaigns in 2018. Kyle Downing of MLBTR examined Yelich, Realmuto and the rest of Miami’s trade candidates over the weekend.

More on the Fish and a couple other East Coast franchises:

Miami traded both Giancarlo Stanton and Marcell Ozuna earlier this offseason, thus subtracting a pair of in-their-prime sluggers who combined for a whopping 96 home runs in 2017. Now, with those two in other uniforms, the organization is “looking for guys who can provide power in the middle of the lineup,” vice president of player development and scouting Gary Denbo told Joe Frisaro of MLB.com. Unsurprisingly, though, the Marlins aren’t competing for high-level free agents who would serve as short-term upgrades, per Frisaro, who writes that “their vision is more long range.”
With the Red Sox still interested in acquiring Orioles third baseman/shortstop Manny Machado, Ian Browne of MLB.com weighs in on a potential trade between the AL East rivals. Browne senses that the Red Sox don’t want to trade either shortstop Xander Bogaerts or center fielder Jackie Bradley Jr. this offseason, but he concedes that it wouldn’t be a surprise to see the former head to Baltimore as part of a Machado deal. The Red Sox would be losing two years of Bogaerts for a single season of control over Machado. As such, if Boston acquires Machado, it would make an aggressive push to re-up the superstar in order to prevent him from leaving as a free agent next winter, Browne adds.
The Orioles still face a difficult path, all the more so given that the team will evidently be paying Zach Britton a full arbitration salary for what might be little more than a half season of work. Jon Meoli of the Baltimore Sun writes that, while the rotation market still hasn’t moved much, some of the arms from Baltimore’s potential target demographic are among those that have found new teams. Meanwhile, Steve Melewski of MASNsports.com considers the question of whether the team will look to make second baseman Jonathan Schoop a part of a new long-term core — and, if so, how much it might cost to get something done.

Free Agent Notes: Hosmer, JDM, Arrieta, Cards, Twins, Abad

By Jeff Todd | January 2, 2018 at 1:29pm CDT

In his column today on the molasses-slow free agent market, Bob Nightengale of USA Today drops a few nuggets of information. The Padres’ offer to free agent first baseman Eric Hosmer would promise him seven years, says Nightengale. Meanwhile, top open-market slugger J.D. Martinez is sitting on a five-year offer from the Red Sox. In other chatter, Nightengale suggests the Cubs could be willing to go as high as $110MM over four years to bring back Jake Arrieta. Of course, the teams and players just cited have likely known one another’s positions for some time now, and these stalemates have yet to be resolved. These details also fall in line with what has been reported previously about the respective situations, though they are surely interesting data points as we seek to divine when and how the free agent dam will finally break.

Taking Inventory: San Diego Padres

By Jeff Todd | January 2, 2018 at 12:26pm CDT

The Padres are in a fairly flexible spot this offseason, as the team entered the winter with fairly low payroll obligations for the 2018 season and a long-term balance sheet that features just one notable commitment. While nobody really expects the team to contend in the coming season, its pursuit of Eric Hosmer shows that the organization would like to begin building toward MLB competitiveness.

On the whole, there’s no real reason to think the Padres need to trade any particular player. But the organization has one fairly obvious, high-end trade candidate and it also seems reasonaby likely that at least one veteran infielder will end up hitting the road.

Click here to view the previous entries in this series.

One-Year Rental

Chase Headley, 3B ($13MM in 2018): The Friars brought back their former star in a deal that was designed mostly to acquire righty Bryan Mitchell, who’ll compete for a rotation spot. Now, it seems likely that Headley will be dangled as a means of trimming some salary. Entering his age-34 season, Headley profiles as a solid average player who could hold down the fort for a year in the right circumstances. But his overall output with the bat has been average or worse over the past four seasons, so despite the limited contractual commitment, it seems likely the Padres will have to keep some of the salary if he ends up on the move.

Two Years of Control

Brad Hand, RP (projected $3.8MM arbitration salary; arb-eligible thru 2019): This is the one player who stands out as a premium veteran trade asset. With Orioles lefty Zach Britton suffering an offseason injury, and a busy market for free agent relievers, Hand stands out as a highly valuable asset. He has retired more than 11 batters per nine via strikeout in each of the past two seasons and upped his output in 2017, when he ran a 2.16 ERA over 79 1/3 innings and stepped seamlessly into the closer’s role. It’s arguable the Pads ought to cash in on Hand in the near term, rather than risking any injury or performance decline, though we haven’t heard much chatter surrounding him so far this winter.

Carter Capps, RP (projected $1.3MM arbitration salary; arb-eligible thru 2019): It was an open question whether the Padres would tender Capps a contract at all following his tepid return from Tommy John surgery. The 27-year-old managed just seven strikeouts and allowed nine earned runs in his 12 1/3 innings in 2017, while showing a whopping 5+ mph drop in his average fastball velocity and carrying only a 7.8% whiff rate. But the Padres evidently feel that Capps can still build himself back into being a quality reliever, and it’s certainly worth bearing in mind just how dominant he had become before the elbow injury. It seems unlikely he’ll be moved, but it’s certainly possible a roster need could push him out or that another organization may put a slightly higher value on his upside.

Clayton Richard, SP/RP ($6MM through 2019): The southpaw just inked an extension at the tail end of the 2017 campaign, so it’s quite unlikely the Pads would turn around and deal him before the start of the coming season. Instead, the 34-year-old is likely to hold down a rotation spot and perhaps eventually slide into a swingman role as situations dictate.

Longer-Term Assets

Yangervis Solarte, INF ($5.5MM through 2018, including buyout of 2019-20 club options): If the Friars don’t trade Headley, it may be because they find a better deal that involves Solarte. A solid switch-hitting option who can handle third base, second base, and even a bit of time at short, Solarte would fit on a lot of rosters around the game. The flexibility in his contract boosts his value, though surely other organizations won’t be offering up top talent for a player who is coming off of a personal-worst .255/.314/.416 season at the plate.

Wil Myers, 1B ($78.5MM through 2022, including buyout of club option for 2023): There’s no indication that the Padres have interest in shopping Myers, who had a less-than-inspiring first season under his new contract. Rather, it seems the club is weighing a move for free agent Eric Hosmer, which would bump Myers into a corner outfield spot. But Myers does carry the team’s only large, long-term contract, so he certainly merits mention.

Cory Spangenberg, UTIL (projected $2.0MM arbitration salary; arb-eligible thru 2020): In his most extensive MLB action, a 486 plate appearance run in 2017, Spangenberg turned in a .264/.322/.401 batting line with 13 home runs and 11 steals. That’s a handy batting line for a player who rated as an outstanding overall baserunner and can play just about anywhere on the field. Then again, the output was still below the league average and there are limits to Spangenberg’s defensive function; he graded poorly at third last year and isn’t really an option at short or in center. All told, though, he’s a useful asset who’d draw interest if dangled.

Kirby Yates, RP (projected $1.1MM arbitration salary; arb-eligible thru 2020): Though he’ll turn 31 before the start of the 2018 season and has not really thrived in prior attempts at the majors, Yates is an interesting player after a strong 2017 season. Home runs marred his balance sheet in the end, but it’s hard to ignore his 14.0 K/9 strikeout rate and robust 17.3% swinging-strike rate. Odds are the Padres will keep Yates and hope he can produce the results to match those promising peripherals, but his name could also come up in trade talks.

Matt Szczur, OF (projected $800K arbitration salary; arb-eligible thru 2021): It’s hard to imagine teams lining up for a player who seemingly profiles at best as a solid, right-handed-hitting fourth outfielder. But Szczur did produce at a roughly league-average rate over 237 plate appearances in 2017, most of which came after he moved to the Friars from the Cubs in the middle of the season. Most impressively, Szczur maintained a 14.3% walk rate over the season. He’s also still affordable as a Super Two.

Austin Hedges, C (pre-arb): In all likelihood, the 25-year-old Hedges is going to continue to take the bulk of the time behind the dish for the Padres in 2018 and beyond. But there’s some uncertainty in his outlook after a marginal .214/.262/.398 output with the bat in 2017, even if he did swat 18 long balls. It’s important to bear in mind that Hedges is considered a high-quality defender; indeed, he was one of the game’s highest-rated pitch framers in his first full season as a big leaguer. There may not be a ton of offensive upside, but the Padres have good reason to continue to allow Hedges to develop as a hitter while he gives a boost to the organization’s pitching staff.

Of course, the Padres have a variety of other younger players around who could conceivably also be traded. To take a few examples, it isn’t impossible to imagine deals involving outfielder Hunter Renfroe, starter Luis Perdomo, or reliever Phil Maton. But those and others don’t seem particularly likely to be targeted by contending organizations weighing win-now moves, so we needn’t consider them in detail. We’re also going to go ahead and assume that the team intends to utilize the just-acquired Freddy Galvis at shortstop, so there’s no real cause to weigh his trade candidacy.

Photo courtesy of USA Today Sports Images.

Dodgers Acquire Dylan Baker

By Jeff Todd | January 2, 2018 at 11:13am CDT

12:10pm: The transaction actually occurred as a trade, with the Brewers set to receive cash or a player to be named later in the deal, per a club announcement.

11:13am: The Dodgers have claimed righty Dylan Baker off waivers from the Brewers, according to a tweet from Chris Cotillo of SB Nation. Baker had been designated for assignment by Milwaukee.

The 25-year-old hurler has spent his entire professional playing career to date with the Indians, who took him in the fifth round of the 2012 draft out of Western Nevada College. He was claimed by the Brewers earlier in the offseason, though obviously he won’t end up suiting up with that organization (barring future waiver movement).

Though Baker has not thrown much of late, owing to Tommy John surgery, he has obviously drawn the attention of scouts around the game. In 2017, Baker worked to a 2.84 ERA in 12 2/3 Double-A frames over 13 appearances, recording a healthy 10:1 K/BB ratio. He had mostly worked previously as a starter, so it’s somewhat unclear what role he might occupy moving forward.

MLBTR Poll: Best 3-Year Signing To Date

By Jeff Todd | January 2, 2018 at 9:09am CDT

Remarkably, no free agents have secured MLB guarantees of four or more years to this point, as the MLBTR 2017-18 free agent tracker shows. Hyun-soo Kim did get that length of deal to return to his native Korea, and several players picked up vesting options for fourth seasons, but it’s still a notable aspect of this winter’s player market.

That said, several players have secured promises for at least three campaigns, some of which include hefty average annual values. Relievers have dominated the early proceedings, but two position players and two pitchers who are expected to work as starters are among those to secure the largest contracts to date.

Keeping our field to the group of players who’ve secured three-year pacts, which do you think was the wisest signing, all things considered?

Carlos Santana, 1B, Phillies ($60MM with club option): While most sluggers remain uncommitted entering 2018, Santana was pursued by multiple teams and ended up as a surprise first splash from the Phils’ front office. This was a competitive bidding situation for an accomplished hitter who is limited to playing first base, but there’s an argument to be made that the team has added a cornerstone piece at a palatable price and manageable term of commitment.
Wade Davis, RP, Rockies ($52MM with vesting player option): While we had guessed that Davis could take down four years, he took a higher annual value over a slightly shorter term. The deal also leaves Davis with some protection at the back end, as he’ll have a very achievable vesting player option for the 2021 campaign. It’s possible to highlight the record-setting AAV here, but the Rox also no doubt feel pleased that they got the open market’s best closer at a lower overall guarantee than that secured by Mark Melancon last winter.
Tyler Chatwood, SP, Cubs ($38MM): Here at MLBTR, we thought we might be a bit bullish on Chatty when we predicted he’d secure a three-year guarantee. It turned out we were extremely light on the dollars, as he ended up nearly doubling our best guess. Teams obviously were enamored of his stuff and youth; if he can thrive while pitching full-time away from Coors Field, perhaps the Cubs may yet have a bargain.
Zack Cozart, SS/3B, Angels ($38MM): Year after year, Cozart has rated among the best defenders in baseball. And more recently, he has shown the bat to match, never more than in a highly productive 2017 campaign. But there just has never been adequate demand at short to drive his market. Enter the Angels, who intend to utilize Cozart at third base, where he’ll pair with the incomparable Andrelton Simmons and new second baseman Ian Kinsler to form an incredibly talented trio of defensive infielders.
Mike Minor, SP/RP, Rangers ($28MM): Though he rebounded as a reliever in 2017, Minor has in the past been quite a high-quality starter. It seems that the Rangers’ willingness to utilize him in that role may have been a separator to allow the team to land Minor. His health remains a question, but if Minor can return to anything like his former form in the rotation he’d deliver huge value on the contract.
Jake McGee, RP, Rockies ($27MM with vesting option): We expected the power lefty to secure a three-year deal, but he flew past our best guess ($18MM) at the guarantee. Still, it’s worth remembering that McGee succeeded in baseball’s most difficult pitching environment last year, so he has already shown the Rox what he can do at altitude. And he regained the velocity he had lost in his first year in Colorado, though he still is working at about two mph less than he did in his best days with the Rays.
Bryan Shaw, RP, Rockies ($27MM with vesting option): Here again, an accomplished reliever secured a larger guarantee than we foresaw (in his case, $21MM). Shaw’s recent track record is of the sort that invites the question: does his durability through heavy use prove that he’s a workhorse, or suggest he could be carrying some worn-out parts that might be prone to breaking? Colorado is betting on the former. The 30-year-old has been steadily effective and has always answered the call to this point in his career.

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