Royals Re-Sign Alex Gordon
4:03pm: ESPN’s Buster Olney tweets that Gordon’s contract comes with “significant” deferrals, pushing the present-day value of the contract south of the surface-level $18MM average annual value.
2:36pm: Not many thought it could be done, but the same could be said of the Royals’ remarkable World Series run. Kansas City officially announced today that it has agreed to a club-record contract with star left fielder Alex Gordon that could keep him in the organization for the rest of his career.
Gordon, a client of Excel Sports Management, reportedly gets a $72MM guarantee over a four-year term. He’ll receive $12MM next year, $16MM in 2017, and then $20MM apiece in the next two seasons. There’s also a mutual option for $23MM, with a $4MM buyout.
While the contract does not contain an opt-out clause or no-trade protection, that $4MM buyout would convert to a trade bonus in the even of a deal, with the option itself being voided. And Gordon will soon achieve ten-and-five rights. With 8.092 years of service entering the season, he would be in line to qualify for full no-trade protection during the 2017 campaign.
The contract figures noted above would appear to suggest that middle ground was found between team and player. It had been suggested that K.C. was only offering around a $12MM to $13MM annual value, with a deal seeming unlikely. MLBTR’s Tim Dierkes had credited the veteran with earning power in the five-year, $105MM range entering the winter. Whether or not offers ever materialized at that level, there were by all appearances numerous other teams with serious interest in his services.
It certainly sounds like an appealing price tag for the defending-champion Royals, who will retain a homegrown star and fill a key need in one fell swoop. But it still took a club-record guarantee to get things done. Gordon’s deal now becomes the largest ever to hit the franchise’s books, topping the $55MM promises made previously to Mike Sweeney and Gil Meche.
While Gordon doesn’t have huge power numbers and is entering his age-32 season, he remains quite a nice buy at $18MM annually. That’s all the more true given that Kansas City was only required to commit to a four-year term. All said, the closest comparable (as to contract terms) might be last winter’s pact between the Tigers and Victor Martinez. While he obviously featured a much bigger bat than Gordon, he also was entering his age-36 season and was limited to DH duties.
As was the case with Martinez, the move will effectively cost the Royals a draft choice. Gordon’s decision to decline a qualifying offer meant that the club would’ve added a sandwich-round pick had he signed elsewhere.
The primary value of the veteran left fielder lies in his above-average bat and outstanding glove, though his highly-praised clubhouse presence surely adds to the appeal. Gordon missed some time last year with a groin strain, but has generally been quite durable.
Dating back to 2011, when the former top prospect finally emerged as a major league force, Gordon has been a consistently productive presence in the Kansas City lineup. He owns a composite .281/.359/.450 slash over that span, with about twenty long balls per year. Though he’s probably not a double-digit stolen base threat any longer, but has generally received well-above-average ratings on the basepaths.
That makes for a solid-enough package in its own right, but it’s Gordon’s defense that has made him into a legitimate superstar. Both UZR and DRS rate him as an elite gloveman, with above-average performance in terms of arm, range, and mistake-free handling of chances.
Gordon’s excellent reputation in terms of makeup and work ethic also add to his value as he nears his mid-thirties. He did take a step back last year on the bases and in the field, though it’s certainly possible that the groin injury is largely to blame. While it’s probably not prudent to expect that he’ll continue to perform at up to a six-win clip, Gordon seems a good bet to continue to provide well-above-average production over the duration of his new contract.
MLB.com’s Jeffrey Flanagan first reported the signing and the annual breakdown (Twitter links). Jeff Passan tweeted this morning that a deal could come together quickly between the two sides. Passan (via Twitter), Jon Heyman (all links to Twitter), and Ken Rosenthal of FOX Sports (in a tweet) all contributed financial details.
Photo courtesy of USA Today Sports Images.
Latest On Justin Upton, Yoenis Cespedes
With Alex Gordon off the board to the Royals, all the other teams seeking significant outfield or power bat pieces remain in the market. That could, in theory at least, be good news for the top unsigned free agent bats.
Here’s the latest chatter, with a particular focus on Justin Upton and Yoenis Cespedes:
- Olney tweets that the Orioles have been in talks with the representatives for both Upton and Cespedes, noting that Baltimore has money to spend (as evidenced by their reported offer to Davis).
Earlier Updates
- The Rangers have interest in Upton in a one-year or multi-year scenario Ken Rosenthal of FOX Sports reports (Twitter links). Either way, the club’s budgetary restrictions will limit their involvement, per Rosenthal, who adds that Upton is still looking to do better than a short-term pact.
- The Orioles are remaining in contact with Upton as well, FOX Sports’ Jon Morosi reports on Twitter, though he’d factor as a backup option if the team doesn’t land Chris Davis. ESPN.com’s Buster Olney tweets that the hypothetical fit would make the most sense on a one-year arrangement.
- Heading into the day, Jon Heyman tweeted that the Orioles are holding with their $154MM offer to Davis. And, at least at present, owner Peter Angelos is not permitting the club to engage in a “full-bore pursuit” of alternatives to the slugger.
- Ken Rosenthal of FOX Sports adds, on Twitter, that the Orioles‘ interest in Upton could still just be a leverage play against Davis. Or, he notes, it may still be that Baltimore prefers Cespedes to Upton.
Nationals Announce Stephen Drew Signing, Designate Taylor Hill
The Nationals have announced the signing of infielder Stephen Drew — an agreement that was originally reported recently by Jon Heyman. To clear a roster spot, the club designated righty Taylor Hill for assignment.
Drew joins Daniel Murphy in a re-worked Nats infield. That pair will help make up for the trade of Yunel Escobar and the all-but-assured free-agent departure of Ian Desmond.
Washington will reportedly guarantee Drew $3MM in the deal, which also allows him to earn up to $1.25MM via incentives which can be maximized at 130 games played. That falls to the high side of the going rate for utility infielders. (In addition to the prior examples cited in the original post on the signing, Kelly Johnson agreed earlier today to a $2MM guarantee.)
Soon to turn 33, Drew will hope to improve his offensive production in 2016. He hit 17 home runs in only 428 trips to bat last year, but put up only a .201/.271/.381 overall batting line. While he suffered from a .201 BABIP, and did show an improved 16.6% strikeout rate, Drew has failed to match the line-drive and hard-hit rates that he carried earlier in his career.
With the glove, Drew rates as a solid shortstop and passable second baseman. Washington presumably will feel comfortable deploying him all around the infield, though he’d seem likely to spend much of his time sharing reps at shortstop with Danny Espinosa.
Hill, 26, has provided 21 MLB innings to the Nats over the past two years, allowing 14 earned runs on a 14:7 K:BB ratio. He’s spent most of his time recently working as a starter at Triple-A. After a strong 2014, he managed only a 5.23 ERA in his 118 2/3 innings at Syracuse last season.
Royals Have “Strong Interest” In Ian Kennedy
The Royals are among the teams with “strong interest” in free agent starter Ian Kennedy, according to Jon Heyman (Twitter links). Kansas City is expected to try to “make [a] push” to land the righty now that Alex Gordon is under contract to return, per the report.
Of course, it’s not immediately clear whether Kennedy sits atop K.C.’s wish list. The club is also looking at Wei-Yin Chen and Yovani Gallardo, Heyman adds.
All of those pitchers declined qualifying offers at the outset of the offseason. Signing any one of them, then, would require the Royals to part with the club’s first overall selection after already giving up the chance to add an extra pick by bringing back Gordon. Of course, fresh off a World Series victory, the choice will not end up being near the top of the first round.
The Royals may also spend some time exploring the possibility of a re-worked deal with backstop Salvador Perez, Jeff Passan of Yahoo Sports adds on Twitter. We’ve heard chatter before that this could be considered, but the enormously team-friendly deal that he’s bound by also doesn’t leave much motivation for a deal. The large-framed, heavily-used backstop can already be controlled through 2019 (his age-29 season) via a series of options. That makes it seem unlikely, at least from an outside perspective, that he’ll be able to achieve much more than a few guaranteed years — likely at the price of surrendering yet more options at the back end.
Dodgers Re-Sign Brandon Beachy
The Dodgers have officially struck a deal with free agent righty Brandon Beachy, as first reported by Jeff Passan of Yahoo Sports (Twitter link). The ICON Sports Management client will receive a $1.5MM guarantee, per the report, and can reach $4.25MM through incentives.
Beachy, 29, reached the majors only briefly last year with Los Angeles as he worked back from consecutive Tommy John surgeries. In his 48 2/3 Triple-A frames, which included ten starts, Beachy worked to a 3.51 ERA with 6.8 K/9 against 4.1 BB/9.
Before that, of course, Beachy had looked like a solid young rotation piece with the Braves. Over the 2010 through 2013 campaigns, he worked to a 3.23 ERA with 9.2 K.9 against 2.9 BB/9 across 267 2/3 innings in that span.
While the Dodgers did not receive a significant major league contribution from Beachy last year, the club obviously saw enough to motivate a return. And given that he was able to achieve a major league deal despite a less-than-complete comeback, it appears that some other clubs also saw some room to expect bigger things in 2016.
Jon Heyman (Twitter links) and SB Nation’s Chris Cotillo (Twitter link) provided details of the incentives clause.
Pirates To Sign Neftali Feliz
The Pirates have agreed to terms with free agent righty Neftali Feliz, Jeff Passan of Yahoo Sports reports on Twitter. The BTI Sports client will receive a $3.9MM guarantee, per Passan, and the contract also includes incentives that could push it to around $4.5MM in total value.
Feliz spent last year with the Rangers and Tigers, who added him after he was designated by Texas. Detroit elected not to tender him a contract last fall, preferring not to commit a projected $5.2MM.
There wasn’t much to like about the 27-year-old’s results last year, as he put up a combined 6.38 ERA over 48 forgettable frames. Metrics valued his actual contributions more in the low-4.00 range, though that is hardly an inspiring output either.
But Pittsburgh has taken a gamble on plenty of high-upside arms in the past, and the still-youthful Feliz looks like another worthwhile project. He’s posted dominant results earlier in his career — though ERA estimators always predicted regression — and still delivers a mid-90s fastball.
Jon Heyman (via Twitter) and Chris Cotillo of SB Nation (Twitter link) added details on the incentives. Cotillo also tweeted that Feliz had changed agents.
West Notes: Reyes, Maeda, Kazmir, Fowler
An MLB source tells Patrick Saunders of the Denver Post that there is still no timeline regarding possible disciplinary action against Rockies shortstop Jose Reyes. (Twitter link.) That appears to be due, at least in part, to the fact that the criminal proceedings have not been wrapped up. While the league’s domestic violence policy does not require criminal action for the commissioner to impose punishment, there is arguably less cause to move swiftly given that the allegations arose during the offseason.
- The Astros made a play for Japanese hurler Kenta Maeda before he reached agreement with the Dodgers, according to Evan Drellich of the Houston Chronicle. Houston remains an interesting potential factor in the free agent market. While the team probably does not need to make a splash, it is not difficult to imagine the team emerging as a dark horse for several players.
- Houston was also said to have had interest in retaining Scott Kazmir before he decided to join the Dodgers, and it appears they were far from alone in that regard. The veteran lefty said that a dozen clubs had at least some communication with his camp this winter, J.P. Hoornstra of the Los Angeles News Group tweets.
- The fact that free agent outfielder Dexter Fowler appeared at a Golden State Warriors game recently should not be interpreted as a sign he’s about to sign with the Giants, Andrew Baggarly of the Mercury News tweets. He hears that “nothing is cooking” between Fowler and the club at this time. Meanwhile, MLB.com’s Chris Haft looks at the fit of some of San Francisco’s possible outfield targets.
Latest On Alex Gordon, Royals
While it seemed not long ago that the Royals’ pursuit of Alex Gordon would not be fruitful, Gordon himself suggested there was still hope of a reunion. And it appears now there could be renewed vitality in talks between the sides. Here’s the latest:
- Among other clubs around the league, there is an “increasingly strong sentiment” that Gordon could be heading back to K.C., Jeff Passan of Yahoo Sports reports on Twitter. In fact, something could come together soon, Passan suggests. There had reportedly been a wide gulf between the sides in terms of years and dollars. If a deal is indeed struck, it will obviously be fascinating to see whether one side budged from its position or whether common ground was struck.
- The Royals “still would love” to bring back their homegrown star, Jon Heyman tweeted last night. But Kansas City is still keeping its options open, of course. That includes a variety of other free agents, including Gerardo Parra, Denard Span, Dexter Fowler, and David Murphy, according to the report.
Orioles, Mets Interested In Antonio Bastardo
8:13pm: The Mets do indeed like Bastardo, tweets Mike Puma of the New York Post, but the team isn’t willing to give him the three-year deal that he has been seeking on the open market this winter. The Mets are prepared to wait out the market for the remaining relievers, according to Puma.
8:01am: The Orioles and Mets are among the clubs holding discussions with free agent southpaw Antonio Bastardo, Buster Olney of ESPN.com reports on Twitter. Bastardo, 30, spent last year with the Pirates.
Bastardo joins Tyler Clippard as the only two unsigned relievers left on MLBTR’s pre-winter list of the top fifty free agents. In that post, Tim Dierkes predicted that he could command a three-year contract with a $15MM guarantee, though he could be aiming for more after fellow lefty Tony Sipp landed an $18MM promise earlier in the offseason.
While his bottom-line run prevention numbers have wavered from year to year, Bastardo has been rather consistent in terms of peripherals. For his career, the veteran has posted 11.0 K/9 against 4.3 BB/9, while generating a meager 28.7% groundball rate. He has, however, kept the long ball in check, allowing only a 7.0% HR/FB rate and 0.80 HR/9 dating back to his rookie season of 2009.
Those numbers support his overall 3.45 ERA. Bastardo has carried a 3.20 SIERA to go with a 3.33 FIP, both of which suggest that he may have been a bit unlucky. On the other hand, xFIP only values his overall contributions at a 3.87 ERA equivalency.
That last metric has not been enamored of Bastardo’s work, in particular, over the past three years. He has been particularly fortunate in terms of limiting home runs in that span, with a HR/FB rate hovering below 5%. And last year, there was some cause to question the sub-3.00, as Bastardo benefited from a .246 BABIP despite allowing a career-high 32.2% hard contact rate.
But the southpaw also generated a 14.6% swinging-strike rate in his sole season in Pittsburgh, good for the second-best mark of his career. And his velocity actually trended up to 92.7 mph on the season.
Importantly, too, Bastardo recovered from a tough start with a nice run to end the year. And while he was even better against opposing lefties, he also limited right-handed hitters to a .207/.311/.315 batting line. That lines up with his career numbers, and will surely give teams comfort that he’ll be a flexible setup piece.
It isn’t surprising to hear that Baltimore and New York are among the suitors for Bastardo, but neither of these particular organizations seem to be in particular need of a lefty pen arm. The O’s top southpaw (outside of closer Zach Britton) is Brian Matusz, who has turned in solid results over the past three years. And the Mets already re-signed Jerry Blevins to go with Sean Gilmartin.
But particularly if one views Bastardo as a late-inning option who is nearly as useful against righties as lefties, it’s easy to see him drawing wide interest. (The same holds true, it’s worth noting, of Clippard.) Even at this late stage of the winter, there figure to be more clubs that will be involved as his market develops.
Outfield Notes: Angels, Upton, Cespedes, Parra, Span
The Angels are still in the outfield market, but it’s not clear whether the team will strongly pursue the top available options, as MLB.com’s Alden Gonzalez reports. A source tells Gonzalez that owner Arte Moreno remains unwilling to exceed the luxury line, meaning that the team would not have the payroll capacity for a major addition — at least without trimming existing salary first. When asked whether the team was looking at a major addition or less expensive move, GM Billy Eppler responded: “I don’t think you look to do one and not the other. I think you’re constantly looking to do both. Your circumstances and timing might dictate what you can and cannot do, but I think you should always be looking to do both.” Meanwhile, Eppler noted that the team is not committed to platooning Craig Gentry and Daniel Nava in left field, saying that “we’re not at that point yet.”
Here’s more on the market for outfielders, which remains chock full of major names:
- Top free agents Justin Upton and Yoenis Cespedes have seen increased interest in the new year, according to ESPN.com’s Jim Bowden (Insider link). But both are still waiting to see what happens with Chris Davis, per the report, as their representatives see the Orioles as a plausible landing spot if the club does not land Davis.
- The Nationals have continued interest in free agent Gerardo Parra and have been in contact with him, MLB.com’s Bill Ladson writes. Washington has long been connected with the veteran, who would presumably share time with the aging Jayson Werth and unproven youngster Michael Taylor if signed.
- Former Nats center fielder Denard Span could still be considered for a return to D.C., but durability obviously remains a major concern. Meanwhile, he’ll surely aim for a full-time role. The veteran is set to show off his recovery from surgery at some point this month, but gave a preview recently on his Twitter account. From the video available at that link, Span looks to be moving well and is obviously progressing after the hip procedure. In spite of the risk, he ought to hold plenty of appeal given the high level of production he’s carried recently when healthy.