Diamondbacks Sign Bronson Arroyo

The Diamondbacks have been connected to multiple starting pitchers on both the free agent and trade markets this offseason, but it took until early February for the team to reel one in. The team today announced the signing of Bronson Arroyo to a two-year deal with a club option for the 2016 season. Arroyo is reportedly guaranteed $23.5MM in total. He will earn $9.5MM each in 2014 and 2015, and the club has a $11MM option for 2016 that comes with a $4.5MM buyout.

Arroyo

The length and total money in the deal comes in right under the prediction of MLBTR's Tim Dierkes. As Dierkes explained in his profile of Arroyo, the soon-to-be 37-year-old starter's high-floor/low-ceiling profile — combined with his age — made two years and $24MM a good target. Though Arroyo spent much of the off-season looking to add a third guarantee year, he ended up settling in just under the two-year, $26.5MM deal inked last year by Ryan Dempster with the Red Sox.

Arroyo, a client of Terry Bross and Turn 2 Sports Management, has been as consistent and durable a starter as the game has seen in recent years. Since 2004, Arroyo has logged at least 32 starts, logging at least 199 innings in all but the first of those campaigns. His cumulative ERA over that time is 4.10, a mark that he bested in each of the last two seasons (3.74 and 3.79 earned per nine, respectively).

Arroyo succeeds despite offering an 87 mph fastball, which he delivers in less than half of his pitches. He throws three varieties of off-speed pitches: slider, curve, and change. Though Arroyo does not strike out many batters, having hovered in the low-to-mid 5.0 K/9 range in recent seasons, neither does Arroyo hand out free passes. With just 1.2 and 1.4 BB/9 in the last two years, he has maintained a K:BB ratio of better than 3.6 over 2012-13, among the best in baseball. His biggest issue, perhaps, is a tendency to allow the long ball well above the league-average rate, though that is due in some part to spending his last eight years pitching in the homer-prone Great American Ball Park.

Arizona bolsters an already-deep rotation with the signing, which likely means that prized prospect Archie Bradley will not start the year with the big club. Arroyo joins Patrick Corbin, Brandon McCarthy, Wade Miley, Trevor Cahill, and Randall Delgado in the rotation mix.

Despite a fairly busy season on the pages of MLBTR, the Diamondbacks actually had inked just one guaranteed MLB deal (Eric Chavez, one year, $3.5MM) prior to landing Arroyo. Arizona apparently beat out two other clubs to sign the veteran, as the Dodgers and Orioles were also named as finalists for his services. The club had serious interest in adding young, unproven Japanese ace Masahiro Tanaka, but instead ends up adding quite a different type of arm in Arroyo.

John Gambadoro of Arizona Sports 98.7 first reported the deal on Twitter. Jerry Crasnick of ESPN.com first reported the length and option year (Twitter links). ESPN.com's Buster Olney first reported the financial terms (via Twitter). FOX Sports' Ken Rosenthal first tweeted that Arroyo had passed his physical.

Photo courtesy of USA Today Sports Images.

NL West Notes: Padres, Benoit, Belt, Arroyo, Bradley

Padres fans got some welcome news this evening, as it was announced that Time Warner Cable will begin airing Padres games for the coming season, MLB.com's Corey Brock tweets. As Wendy Thurm of Fangraphs has explained, the failure of Time Warner (and, at the time, AT&T U-verse and DISH Network) to agree to the Fox Sports San Diego subscriber fee not only left many fans without access to games, but put a significant dent in the Friars' expected annual payout. Here's more from San Diego and the rest of the NL West:

  • When the Padres inked reliever Joaquin Benoit to a two-year, $14MM deal earlier in the off-season, it raised an immediate question whether he or incumbent Huston Street would close. As Jeff Sanders of the San Diego Union-Tribune writes, both back-end arms are content with the situation and their roles. "[Street] is going to shut the door," said Benoit, "and I'm going to try to give him as many games with leads as I can." For his part, Street — whose deal includes a $7MM club option for 2015 — says that he understands the business side of things and hopes only for success for his new teammate. "It's a smart move on the Padres' part," he said. "It gives them options for 2015. It gives them options if I go down. It gives them options if I struggle."
  • After a breakout campaign last year put him in position for a nice payday as a Super Two, Giants first baseman Brandon Belt has yet to reach agreement with his club on a price for his 2014 season. The sides' filing figures ($3.6MM against $2.05MM) are the furthest apart in relative terms among remaining arbitration cases. As Henry Schulman of the San Francisco Chronicle reports, however, it remains likely that a hearing will be avoided, as team and player both recently expressed an expectation that a settlement will be forthcoming.
  • Despite adding another rotation arm in Bronson Arroyo, Diamondbacks GM Kevin Towers says that top prospect Archie Bradley can still earn a starting spot out of camp, reports FOX Sports Arizona's Jack Magruder"We want to get out of the gate quick," said Towers. "I've said from the beginning, with Archie, it's not about trying to save a year, save money. We need to win games. If he's ready coming out of the spring and we're a better ballclub with Archie being in it, he's going to be there." Putting the 21-year-old on the MLB roster for Opening Day would mean giving up the ability to extend team control for an extra season, but Towers' statement indicates that is still a real possibility. (On the other hand, given that factor and Bradley's limited seasoning, it will probably be a tall order for him to unseat one of the expected five as a practical matter.) Fellow righty Randall Delgado would likely join the bullpen if he does not earn a turn in the rotation, said Towers, since he is out of options.
  • The Arroyo signing has earned mixed reviews; as MLBTR's Charlie Wilmoth opined, for example, the $23.5MM guarantee that he received is a debatable investment in a market that promised Paul Maholm just $1.5MM. One under-the-radar issue with Arroyo, argues Dave Cameron of Fangraphs, is that his pronounced struggles against lefties have been masked somewhat by pitching in a division (the National League Central) that has not featured the volume of left-handed bats to take full advantage of the platoon split. In particular, Cameron says, should the Diamondbacks reach the post-season, Arroyo's achilles heel could significantly impair his usefulness to his new club.

Paul Maholm And The Starting Pitching Market

The free-agent market for starting pitching has been slow to develop this offseason, but now that Masahiro Tanaka has chosen a team, signings are trickling in. Two recent NL West contracts demonstrate how uncertain that market can be. The Diamondbacks agreed to terms with Bronson Arroyo on a two-year, $23.5MM deal that includes an option for 2016, and the Dodgers signed Paul Maholm for one year and $1.5MM guaranteed, with the chance to make up to $5MM more in incentives.

There are clear differences between the two pitchers — Arroyo is a righty and Maholm is a lefty, and Arroyo has been the more durable of the two. That's a trend that might not persist, given that Arroyo is five years older than Maholm. But Maholm did miss a start in September due to elbow soreness (although an MRI revealed no structural trouble) and he pitched 49 fewer innings than Arroyo last year.

Arroyo and Maholm aren't that different, however. They're both low-upside, pitch-to-contact types who give their teams decent chances of winning as mid-rotation or back-of-the-rotation starters. And statistically, they're reasonably similar.

Arroyo

Year K/9 BB/9 fWAR
2011 4.9 2.0 -1.5
2012 5.8 1.6 2.4
2013 5.5 1.5 0.8

Maholm

Year K/9 BB/9 fWAR
2011 5.4 2.8 1.7
2012 6.8 2.5 2.2
2013 6.2 2.8 0.7

One could actually make the case that, over the past three seasons, Maholm has been better than Arroyo. As Fangraphs' David Cameron noted yesterday (via Twitter), Maholm appears to be quite a bargain in comparison. (I made a similar observation at my own blog.)

Others have noted the huge disparity between Maholm's contract and that of Jason Vargas, who received four years and $32MM from the Royals earlier this winter. Like Maholm, Vargas is a 31-year-old, pitch-to-contact lefty. Vargas has produced 4.5 WAR over the last three seasons, compared to 4.6 for Maholm.

The common thread here may be the perception that Arroyo and Vargas are more likely to give their new teams 200 innings. (Vargas only pitched 150 last season after missing time due to a blood clot, but he threw at least 201 in both 2011 and 2012.) If that's the case, however, the market seems to be overreacting. In theory, a team could easily get two Maholm-type fragile pitchers and hope for them to combine for 250 or so decent innings, rather than paying Arroyo or Vargas many times more. A team would have to clear an extra spot on its roster that way, but that seems like a small matter compared to the savings in dollars.

In fact, in a way, this seems to be what the Dodgers are doing — they'll have Clayton Kershaw, Zack Greinke, Hyun-Jin Ryu and Dan Haren for the first four spots, and then Maholm, Josh Beckett and Chad Billingsley will soak up the remaining innings. (Beckett and Billingsley are both returning from injury.) If Arroyo posts 200 innings, that's surely useful, but given that his innings aren't the highest quality, a team should be able to compensate for reduced back-of-the-rotation certainty with greater depth.

Among Arroyo, Vargas and Maholm, Maholm is probably the outlier. MLBTR's Tim Dierkes' projection for Arroyo's contract was almost exactly on the money, while Maholm's contract, at least the guaranteed portion, falls well short of Dierkes' projected one year and $7MM. Perhaps teams are simply extremely concerned about Maholm's elbow. (In fact, that seems at least somewhat likely, given Maholm's apparent openness to pitching in relief. One would think a pitcher of his caliber would be able to find a sure starting job somewhere.)

If not, though, Maholm's deal doesn't bode well for a pitcher like lefty free agent Chris Capuano. Capuano's value has been similar to Vargas or Maholm the past three seasons (with 4.8 total fWAR), but he only pitched 105 2/3 innings last year due to a series of injuries, and he has two Tommy John surgeries in his past. Given Capuano's tendency to pitch reasonably strong innings when healthy, though, he could give his next team great value. Maholm's contract could be a bargain for the Dodgers, and the team that picks up Capuano could be in line for a bargain as well.

Quick Hits: Tanaka, Goldschmidt, Mattingly

The Diamondbacks didn't ultimately land Masahiro Tanaka, but the club feels that Paul Goldschmidt significantly helped their pursuit of the Japanese ace, Jules Tompkins of ArizonaSports.com reports. When the Diamondbacks met with Tanaka, they brought Goldschmidt along. "It was very interesting to watch the interaction between Tanaka and Goldy, it was very clear — even though the language barrier was there — that Tanaka was impressed that he was there," says Diamondbacks executive Ken Kendrick. "And he asked him several questions through the interpreter about our club and about Arizona." Here are more notes from around baseball.

  • Dodgers manager Don Mattingly appreciates the confidence the organization showed in giving him a three-year contract, writes MLB.com's Barry M. Bloom. "The organization has shown confidence," Mattingly says. "I think it says that to fans, it says that to me and more importantly it says that to the players. It lets them know that we feel like this guy can do the job." Mattingly notes that one thing his contract doesn't give him is security — compared to the Dodgers' enormous payroll, Mattingly's contract is "a drop in the bucket," so if they feel the need to fire him, the contract likely won't constrain them.
  • In addition to the obvious cultural differences, Tanaka will have to adjust to a number of other factors as he prepares for his debut with the Yankees, Anthony McCarron of New York Daily News writes. That includes the size of the ball and the textures of the mounds, as well as more power-centric opposing lineups. 

NL West Notes: Maholm, Arroyo, Delgado

If things went differently, Diamondbacks manager Kirk Gibson could have found himself on the pages of Pro Football Rumors rather than MLBTR.  Gibson was a standout wide receiver at Michigan State in 1977 and in an effort to increase his leverage with the NFL, he returned to the baseball diamond for the first time since high school, writes Dan Bickley of the Arizona Republic.  When the Tigers drafted Gibson with the 12th pick in the 1978 draft, they allowed him to finish out his senior season but made him give up on the NFL.  Here's more out of the NL West..

  • Dodgers manager Don Mattingly says that newly-acquired starter Paul Maholm knows he might wind up pitching in relief if Josh Beckett is healthy and named the fifth starter, tweets Ken Gurnick of MLB.com.
  • Diamondbacks newcomer Bronson Arroyo might not give Arizona the kind of production they were hoping to get out of a rotation addition this winter, but he should give them plenty of innings, writes Nick Piecoro of the Arizona Republic.
  • Randall Delgado is out-of-options, but the Diamondbacks won't let him get away, tweets Jack Magruder of FOX Sports Arizona.  The D'Backs want to keep all of their assets so if he's not in the starting five, they'll slot him in the bullpen.

West Notes: Dodgers, Diamondbacks, A’s

Dodgers starter Zack Greinke is on the record with his assessment of rotation-mate Clayton Kershaw's seven-year, $215MM megadeal, telling Ken Gurnick of MLB.com that Kershaw will earn "maybe … a little more than I thought, maybe a million a year more." The always-frank Greinke says the deal is likely fair for both sides, though he adds that Kershaw's opt-out clause, which could allow him to enter the free-agent market at age 30, may tilt the pact in favor of the pitcher. "The opt-out is big … That's the main reason you might say it will be better [for Kershaw]," Greinke said. Greinke, of course, has an opt-out clause in his own contract that could see him hit the free agent market again after the 2015 season. Here's more from baseball's Western divisions:

  • The Diamondbacks will likely send whoever loses the battle for their shortstop job to the minors, GM Kevin Towers told Steve Gilbert of MLB.com, with veteran Cliff Pennington expected to make the club as a backup. Towers is already indicating that Didi Gregorius may be the favorite over Chris Owings, however, noting his strong play in 2013 as a rookie.
  • Athletics stars Josh Donaldson and Yoenis Cespedes both say they'd like to remain with the A's beyond their current years of team control, John Shea of the San Francisco Chronicle reports. Cespedes reportedly turned down longer-term deals with other clubs for his current four-year deal with Oakland, which will allow him to become a free agent again at age 30. However, he says his preference will be to remain with the A's if he receives equivalent offers from Oakland and another club at that time.

Quick Hits: Arroyo, Athletics, Bray, Cardinals, Brewers

The Diamondbacks' signing of Bronson Arroyo was a mistake, ESPN's Keith Law writes (Insider-only). Law argues that Arroyo's declining velocity, tendency to give up homers, and struggles with lefties all make him a bad bet for two years and $23.5MM. Arroyo allowed 32 homers last season (although 19 of them were in the Reds' homer-friendly ballpark), and lefties hit .295/.327/.529 against him. He's also had an average fastball velocity of about 87 MPH the past several seasons, which Law suggests has been one cause of his home-run problems. Here are more notes from around the big leagues.

  • GM Billy Beane says the Athletics are done making significant moves this offseason, Jane Lee of MLB.com tweets. The A's have been busy this winter, adding Scott Kazmir, Jim Johnson, Luke Gregerson and Eric O'Flaherty to their pitching staff and Nick Punto to their infield. They also lost Bartolo Colon, Grant Balfour, and Chris Young via free agency, traded Brett Anderson and Jerry Blevins and signed Coco Crisp to an extension.
  • Lefty reliever Bill Bray wants to continue his career, but might wait until May to sign, Mike Berardino of the St. Paul Pioneer Press reports (via Twitter). Bray pitched just four games in the Nationals system in 2013, missing most of the season due to injuries. He last appeared in the big leagues in 2012 with the Reds. 
  • The Cardinals have the flexibility to make a significant move this spring, Derrick Goold of the St. Louis Post-Dispatch writes. After the departures of Carlos Beltran, Chris Carpenter, Jake Westbrook and Rafael Furcal, among others, the Cardinals' payroll is down significantly from last season, even after the addition of Jhonny Peralta. Their free payroll and strong collection of young pitching mean they'll be able to make a big trade if the right opportunity presents itself.
  • Scout.com's Kiley McDaniel looks ahead to the July 2nd market for international prospects. He notes rumors that Dominican third baseman Gilbert Lara already has a $3.2MM deal in place with the Brewers, not generally a team known for splashy international signings. Dominican shortstop Dermis Garcia, meanwhile, reportedly has a $3MM deal in place with the Yankees, who figure to be big spenders in the international market this summer.

Diamondbacks, Dodgers, Orioles Finalists For Arroyo

2:55pm: Arroyo may have a clearer picture of where he's going to land by the end of the day today, a baseball source tells ESPN's Jerry Crasnick (Twitter link).

FRIDAY, 12:44pm: Jim Bowden of ESPN and MLB Network Radio tweets that Arroyo will end up signing with either the Dodgers or the Diamondbacks.

THURSDAY: Joel Sherman of the New York Post tweets that Arroyo's camp has lowered the asking price to the two-year, $22MM range, and the Orioles and Diamondbacks are "definitely pushing" for the veteran righty.

WEDNESDAY, 9:32pm: The D'Backs are "very serious" about signing Arroyo and are planning to meet with him, Nick Cafardo of the Boston Globe tweets.

2:11pm: The Diamondbacks, Dodgers, and Orioles are the three finalists to land free agent starter Bronson Arroyo, reports Bob Nightengale of USA Today (via Twitter). Among those clubs, the Diamondbacks are "slight favorites" to lock up the soon-to-be 37-year-old.

We heard recently that Arroyo had yet to receive a firm offer, but reported interest has never waned in the durable righty. Another recent report suggested that Arroyo has continued to ask clubs for a third guaranteed year. Arizona, a newer entrant to the chase for Arroyo, is said to be interested in a two-year pact. 

Diamondbacks Avoid Arbitration With Mark Trumbo

The Diamondbacks have avoided arbitration with Mark Trumbo, settling on a one-year, $4.8MM deal, Jon Heyman of CBSSports.com reports via Twitter. Trumbo's salary lands just north of the $4.7MM he was projected to earn by MLBTR contributor Matt Swartz.

Trumbo ($5.85MM) and the Diamondbacks ($3.4MM) had by far the largest relative split in filing numbers among cases involving a $4.5MM or greater player demand. Yet Arizona was able to bridge that gap with its prize off-season acquisition, giving the slugger a bit more than the $4.625MM midpoint between the sides' numbers. The 28-year-old will make a hefty salary for his first trip through arbitration, yet another reminder that home runs pay in that setting. (Trumbo has averaged over 30 long balls per year over his three full-time MLB seasons.)

Trade Talks For Jose Lobaton Heating Up

Marc Topkin of the Tampa Bay Times reports (via Twitter) that trade talks for Rays catcher Jose Lobaton have begun to heat up. Topkin notes that teams with interest or need at the position include the Diamondbacks, Indians, Rockies, White Sox, Mets and Nationals.

The 29-year-old Lobaton slashed a solid .249/.320/.394 with seven homers for the Rays in 2013 and also belted one of the most dramatic and improbable home runs of the postseason. A switch-hitter, Lobaton has historically been better from the right side of the dish than the left, but he bucked that trend and swung the bat better as a lefty (.736 OPS) than as a righty (.653) in 2013.

While Lobaton is a solid, controllable bat — he is a Super Two player that is not eligible for free agency until the 2017-18 offseason — at a thin position, he also comes with some defensive question marks. Lobaton has caught just 16 percent of attempted base stealers in his career and was below average at blocking pitches in the dirt in 2013 (per Fangraphs). While he's not a poor pitch-framer, he also doesn't add significant value in that department, either (per Matthew Carruth's work at StatCorner).

Lobaton has been connected to the White Sox and Nationals in trade talks so far this offseason, with the Nats being the most recently linked club. A trade would seem to be beneficial for both Lobaton and the Rays; the Rays acquired and extended Ryan Hanigan this offseason in addition to re-signing Jose Molina, leaving Lobaton without a clear path to playing time. Additionally, a trade would save the Rays a bit of cash, as Lobaton avoided arbitration by agreeing to a $900K salary for 2014.

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