Peavy To Cubs On Life Support?

A brief update on the Jake Peavy situation from the indefatigable Jon Heyman:

"’The Peavy thing isn’t dead, but it’s on life support," one person familiar with the Cubs’ dealings said.’"

Heyman also notes that the Cubs are looking at left handed hitters such as Bobby Abreu, Adam Dunn, and Raul Ibanez among others. Jake Peavy and a left handed hitting outfielder are high priorities for the Cubs going into the Winter Meetings.

Rangers Cutting Payroll?

While not making any drastic reductions, the Rangers may be shedding payroll says Evan Grant of the Dallas Morning News. This could make available Gerald Laird, Hank Blalock, Kevin Millwood, and Vincente Padilla.

"’I wouldn’t say we’re in cost-cutting mode, but we’re certainly conscious of all our expenditures,’ [GM Jon] Daniels said. ‘We’re going to look at all the ways to improve our club. For the most part, we’ve been focused on trying to add players who fit with our long-term plan. Those are younger players.’ … With more than $51 million committed to seven players and the desire to keep payroll at about the same level as last year ($67 million), some trimming may be necessary."

Rangers GM Jon Daniels said its "reasonable" the Rangers would trade a catcher before Christmas, they have the depth to trade from the position and would prefer to hold onto their younger cheaper options of Jarrod Saltalamacchia and Taylor Teagarden. Says Grant of a possible Laird trade,

"If the Rangers are willing to accept a mid-level minor league pitching prospect, a deal could come together quickly."

Blalock’s $6.2MM option was exercised for 2009 but he’s in a logjam at first base with Chris Davis. His willingness to move back to third actually increases his appeal to other clubs not looking for a first base/designated hitter type.

Millwood and Padilla are due $11MM and $12MM respectively and are entering contract years.

Heyman’s Latest: Furcal, Sabathia, K-Rod

Jon Heyman has a few new posts on his Fan-Nation blog:

  • Heyman thinks its peculiar that Rafael Furcal passed up his last offer of 4 years, $35-40MM, especially while the shortstop market is thinning out. The Giants signed Edgar Renteria. The Cubs want a lefty-bat. The Braves need to deal Yunel Escobar before they’ll be interested in Furcal. Again, Buster Olney noted today that Furcal was asking 4 years, $52MM.
  • Can the Giants afford CC Sabathia? They’ve already signed Renteria, Jeremy Affeldt, and Bobby Howry. And he would be the team’s second $100MM contract having already made the mistake of overpaying Barry Zito. They admit they need a bat more than another arm. And while Sabathia would like to play in San Francisco, would he like to make less than Zito’s $18MM on the same team?
  • No surprise that Francisco Rodriguez is sitting atop the Mets closer wish-list. According to Heyman, he’s followed by Brian Fuentes, Kerry Wood, and then a combination of Trevor Hoffman and Huston Street, who would need to be dealt from the Rockies. Heyman doesn’t complete the list beyond those 4 options and notes that the Hoffman/Street option is a popular idea in the organization. For K-Rod, 3-4 years would be the Mets threshold.

Raul Ibanez To Decline Arbitration

Raul Ibanez will decline arbitration today, according to Larry LaRue of the Tacoma News Tribune blog. Says LaRue,

"The Phillies, Cubs, Mets, Rays, Yankees and a half-dozen other teams are pursuing Ibanez, who last year made $5.5 million. He wants a multi-year contract, and the Mariners weren’t in position to offer him one."

LaRue praises Ibanez for his work ethic and propensity to challenge, in a positive way, both young and veteran players in the clubhouse.

This was expected since at least ten other teams have interest in Ibanez who will certainly receive a number of multi-year offers. As a Type A free agent, the Mariners will gain 2 draft picks for him.

Olney’s Latest: Winter Meetings

As we wait for arbitration decisions, Buster Olney offers his latest on the winter meetings:

  • CC Sabathia, who will be sitting down with the Red Sox and Yankees today or tomorrow, may want to wait for Mark Teixeira to sign first. If the Angels don’t land Sabathia, they could be expected to compete with the Yankees $140MM offer.
  • Francisco Rodriguez is not going to get the 5 year, $75MM originally anticipated by his agents and he may find it in his best interest to seek a 3 year deal, and re-enter free agency, perhaps in a better market, before he turns 30.
  • Says Olney, "Look, [Jake] Peavy is going to be traded, and what will be left is a team looking at a long rebuilding process."
  • The Nats are courting Adam Dunn as well as Teixeira, pointing out that Jim Bowden ran the Reds when they drafted Dunn. No word on Dunn’s interest in Washington.
  • Sources say the White Sox moving Jermaine Dye is "overblown." He’ll cost $11.5MM next year with a $1MM buyout for 2010 and teams in need of a corner outfielder can target Dunn or Bobby Abreu rather than give up prospects to the White Sox.
  • Orlando Cabrera has been made aware that Alexei Ramirez is the starting shortstop in 2009 and, for that reason, OC is expected to decline arbitration even in a depressed shortstop market.
  • Olney reports that Rafael Furcal‘s final contract request was 4 years, $52MM. He wound up rejecting the offer of 4 years, $35-40MM.

Perrotto’s Latest: Teixeira, Burnett, Wilson

John Perrotto of Baseball Prospectus has his Sunday article up. Let’s go through it:

  • The Angels may be willing to match the Yankees $140MM offer to CC Sabathia. They won’t offer 10 years to Mark Teixeira. If they can’t land Teixeira, they will consider Pat Burrell for first base.
  • A.J. Burnett is looking at the Blue Jays, Red Sox, Yankees, Braves, Orioles, and Phillies.
  • The Twins want a left-side infielder for Delmon Young, so they can open a spot for Denard Span in the starting lineup.
  • The Tigers are pursuing Jack Wilson from the Pirates and Matt Treanor from the Marlins. They are also putting high priority on signing Joe Beimel who’s getting interest from a number of teams.
  • The Dodgers will not re-sign Rafael Furcal for health reasons so the Giants, Athletics, and Reds are his most likely destinations.
  • The Cubs will need to offer more than Jason Marquis to the Royals for David DeJesus. If they can’t get it done, they’d sign Raul Ibanez over Bobby Abreu.
  • The Braves are interested in Javier Vazquez and Jermaine Dye
  • The Reds need to offer more than Homer Bailey to get Dye.
  • The Mets are considering Jon Garland, Vazquez, Edwin Jackson, Andy Sonnanstine. The Rays want more than Aaron Heilman for either of their starters.
  • The Mets could soon become suitors for Manny Ramirez.
  • The Brewers could soon become suitors for Francisco Rodriguez.
  • The Astros are targeting Paul Bako and David Ross as backup catchers.
  • The Rockies are trying to find lefthanders, eyeing Alan Embree, Will Ohman, Brian Shouse, and Glendon Rusch.

Cafardo’s Latest: Lowe, Lowell, Dye, Saltalamacchia

Nick Cafardo of the Boston Globe says when Derek Lowe sat down with his agent, he inquired first about the Boston Red Sox. Says Cafardo,

"This Lowe doesn’t bear much resemblance to the guy who left the Sox after 2004. Back then, his out-of-control personal life seemed to consume him. The Red Sox didn’t want to deal with it and let him become a free agent. Lowe feels leaving was the best thing. ‘I think I’m a lot better pitcher now, teammate now, than I was four years ago,’ he said. ‘Sometimes you have to learn, and I think getting out of Boston was the best thing for me.’"

Lowe notes the Red Sox fit the mold of what he’s looking for in his next team.

And around the bigs:

  • Roy Oswalt is pushing Ben Sheets to consider the Astros.
  • Split opinions on interest in Mike Lowell, but either way this shouldn’t affect the Red Sox pursuit of Mark Teixeira. Cafardo lists Dodgers, Angels, Indians, and Twins as possible destinations for Lowell.
  • Jermaine Dye is a good fit for Philadelphia, Tampa Bay, and the Mets. The White Sox would want more than Andy Sonnanstine or Edwin Jackson in exchange for Dye.
  • Jarrod Saltalamacchia looks good in the Dominican League, hitting .435 with 4 homeruns and 2 doubles in 23 ABs.
  • Willie Bloomquist could be Alex Cora’s replacement at utility in Boston.

Rosenthal’s Latest: Peavy, Wilson

Lots to cover in the latest from Ken Rosenthal:

  • Jake Peavy to the Cubs is still being explored despite complications: The Cubs are being sold. Ryan Dempster was re-signed for 4 years, $52MM. The Padres are trying to include a third party to net the package GM Kevin Towers is seeking. If this happened then the Cubs would need to move Jason Marquis. Rosenthal suggests the Padres could take him if the Cubs ate around $3MM of his $9MM owed next season, or the Cubs could deal him and cash to another team (Rosenthal suggests the Rockies, Reds, or Giants). Rosenthal also backs the rumors of the Orioles involvement as the third team and having interest in Felix Pie.
  • As an update to this post, the Dodgers stopped pursuing Jack Wilson when the Pirates asked for a third player in the package of Chin-Lung Hu and Delwyn Young as compensation for the Dodgers request for cash to reduce Wilson’s contract. Wilson is set to make $7.25MM next season with an $8.4 club option or $600,000 buyout, and the Dodgers don’t believe Wilson offers enough offensive production to justify those figures. The Pirates agreed to include cash and would offer more cash for a better prospect; however, the Dodgers did not want any part of that.

Rosenthal’s Latest: Dunn, Wood, Sheets

Ken Rosenthal suggests that in this economy some teams may not offer arbitration to Type A free agents to avoid risking a payroll hit. Further, some players may opt to accept the certainty of arbitration over "a volatile free agent period."

The Dbacks were always expected to offer arbitration to Adam Dunn and he was expected to decline thus netting Arizona two draft picks to compensate for the three players they dealt in August. In arbitration, Dunn would command $15-16MM. Says Rosenthal,

"…if the D-backs made the offer, it’s doubtful that Dunn and his agents would determine by midnight Saturday that a multiyear contract was beyond their reach. What’s more, the D-backs always could trade Dunn if he accepted their offer. In that sense, he would be an asset on a one-year deal; the Nationals, among other teams, would jump."

In arbitration, Kerry Wood would get around $9-10MM per year but it’s obvious the Cubs are not interested in even one year at that price – that money is better spent improving the rotation. The Cubs see Carlos Marmol, not Wood, as their closer and have opted to replace their setup man by trading for Kevin Gregg rather than paying Wood to slot into the role. Rosenthal notes Wood said he would have returned on a one year deal, and if he were to accept arbitration then the Cubs would most likely look to deal him – perhaps to the Rangers?

Rosenthal also points out that arbitration contracts are not guaranteed, but releasing Wood in Spring Training would result in a grievance by the players union. It would be hard to justify releasing a player of Wood’s caliber.

Ben Sheets
could command $13-14MM in arbitration and for an ace-quality pitcher that’s reasonable. Rosenthal makes this easy:

"If the Brewers fail to offer Sheets arbitration, it will be a clear indication that club officials are concerned about his ability to stay healthy in 2009. And remember, the Brewers know Sheets better than any other team."

Cafardo’s Latest: Teixeira, Ramirez, Baldelli, Furcal

The Boston Globe’s Nick Cafardo has a new article up with a few Red Sox rumors, and one for Oakland:

  • Cafardo thinks Mark Teixeira and Manny Ramirez will not change jerseys this offseason because, while their teams might struggle to afford them, they can’t afford to lose them. Teixeira is the protection and future replacement for Vladimir Guerrero that they have been seeking for a long time. He doesn’t rule out the Yankees however.
  • Rocco Baldelli could be Coco Crisp‘s replacement as Boston’s fourth outfielder.  Cafardo says Baldelli met with the Red Sox last week.
  • He continues to hit on the Julio Lugo for Dontrelle Willis or Nate Robertson deal, but now suggests Theo Epstein may also eat some of Lugo’s salary and deal him elsewhere.
  • The A’s are looking closely at Rafael Furcal.