Mets Sign Dellin Betances
The Mets gave their fans a pleasant holiday surprise, announcing Tuesday that they’ve agreed to a one-year contract with free-agent right-hander Dellin Betances. The Excel Sports client will reportedly be guaranteed $10.5MM and secure a player option for the 2021 season in addition to a vesting player option for the 2022 campaign.
The contract is said to promise Betances a $7.5MM salary in 2020, and his player option is valued at $6MM with a $3MM buyout. However, he’ll have the opportunity to boost the value of that option and the potential 2022 option as well.
Specifically, the value of the 2020 option will escalate by $800K when Betances pitches in his 40th game in 2020. It’ll increase by an additional $1MM upon reaching each of 50, 60 and 70 games. As for the second player option, it would vest if Betances exercises the first player option and then appears in 50 games in 2021 — but only at a $1MM base. If Betances appears in 60 games, that base would jump to $2MM (with a $1MM buyout). It’d further increase to $3MM ($1MM buyout) by appearing in 70 games in 2021.
Generally speaking, the base values of Betances’ player options make it unlikely that he’ll be tempted to opt into the additional years of the contract unless he incurs an injury that would pretty severely hinder his earning power. In the event that Betances declines his initial player option at the end of the 2020 campaign, the Mets would have the opportunity to issue him a qualifying offer.
Betances, 32 in March, made four consecutive All-Star teams beginning with the 2014 season and was one of baseball’s most dominant ‘pen options from 2014-18 while with the Yankees. Over that span of five years, the New York City native pitched to a pristine 2.22 ERA with a gaudy 14.6 K/9 mark against 3.9 BB/9. Despite pitching his home games in the launching pad that is Yankee Stadium, he averaged just 0.6 HR/9 in that time as well.
The stars looked to be aligning for Betances to cash in on a massive free-agent payday as a result of that half decade of dominance, but a shoulder impingement in Spring Training ultimately wiped out five months of Betances’ 2019 season. And when he was finally healthy enough to return, Betances suffered a partial tear of his left Achilles tendon in his first (and only) appearance of the season.
Those injuries notwithstanding, Betances entered the winter considered to be one of the best bounceback candidates on the free-agent market. Few, if any available relievers can match the upside that he brings to the table. His health troubles surely wiped out the possibility of a substantial three- or even four-year arrangement, but on a short-term pact, Betances has the potential to be one of the winter’s best bargains.
The Mets’ bullpen now features three relievers who, as recently as 2018, were widely considered to be among the game’s elite: Betances, Edwin Diaz and (perhaps to a lesser extent) Jeurys Familia. All three are in dire need of a rebound, but if that trio can come anywhere close to approximating the value it produced back in ’18, the Mets’ relief unit will be an overwhelming strength.
Righty Seth Lugo will give rookie manager Carlos Beltran a fourth high-end option, as he’s coming off a terrific 2.70 ERA and a 104-to-16 K/BB ratio through 80 innings of relief work himself. Lefty Justin Wilson, too, had a strong season — albeit in a more specialized role. Righties Brad Brach, Robert Gsellman and Michael Wacha are currently in line to round out what now looks like an experienced and potentially excellent Mets bullpen.
It wasn’t long ago that the Mets’ 2020 payroll looked to be up against ownership’s comfort threshold, but the recent restructuring of the final year of Yoenis Cespedes‘ four-year contract surely gave the club some additional spending capacity. That grievance left the Mets with an additional $18.75MM in resources with which to work — an unexpected development that undoubtedly played a major role in paving the way for this deal.
Andy Martino of SNY first reported the deal (via Twitter). MLB Network’s Jon Heyman added that it was a one-year deal. ESPN’s Jeff Passan tweeted that Betances received two player options. Joel Sherman of the New York Post (Twitter links) and Anthony DiComo of MLB.com (Twitter link) added details on the option structures and incentives packages.
Mets Designate Sam Haggerty For Assignment
The Mets announced Tuesday that they’ve designated infielder Sam Haggerty for assignment in order to open a spot on the 40-man roster for newly signed reliever Dellin Betances.
Haggerty, 25, made his MLB debut in 2019 but appeared in just 11 games and tallied only four plate appearances. A 24th-round pick by the Indians back in 2015, he made his way to the Mets alongside Walker Lockett last winter in the trade that sent catcher Kevin Plawecki to the Indians. Haggerty has played primarily second base in the minors but has experience all over the infield and outfield as well. He’s a .250/.371/.378 hitter in 155 games of Double-A ball and has batted .271/.358/.424 in a much smaller sample of 19 games in Triple-A.
Raul Alcantara Signs With KBO’s Doosan Bears
Former Athletics righty Raul Alcantara will be signing on for a second season in Korea but will change teams, as Jee-ho Yoo of the Yonhap News Agency reports that Alcantara has agreed to a one-year contract with the Doosan Bears. He’ll earn a $700K salary with his new club.
Alcantara, who turned 27 earlier this month, spent the 2019 season pitching with the KT Wiz, for whom he logged a 4.01 ERA with 5.2 K/9, 1.4 BB/9 and 0.8 HR/9 in 172 2/3 innings (27 starts). His MLB experience is more limited, as the righty has only logged 46 1/3 innings in the big leagues, during which time scuffled to a 7.19 ERA.
Alcantara was never a high-end prospect when coming up through the Red Sox system, although the Athletics thought highly enough of him to acquire him alongside then-prospect Josh Reddick in the trade that sent closer Andrew Bailey from Oakland to Boston. He’ll pitch all of next season at 27, so even though his strikeout totals aren’t impressive, Alcantara is still someone worth tracking a bit as he continues his career in the KBO. A new pitch or some alteration that improves his ability to miss bats could eventually lead to interest from big league clubs, particularly if he’s able to maintain the strong control he’s always had.
White Sox Reportedly Still Interested In Nicholas Castellanos
The White Sox have already filled a corner outfield spot by acquiring Nomar Mazara in a trade and added some notable salary by inking Yasmani Grandal, Dallas Keuchel and Gio Gonzalez as free agents. Despite that slate of moves, however, MLB.com’s Jon Morosi tweets that the ChiSox are still interested in bringing free-agent slugger Nicholas Castellanos into the fold.
Morosi suggests that the White Sox are comfortable with their payroll continuing to grow. He lists the team’s current obligations as close to $100MM, though that seemingly isn’t accounting for pre-arbitration players; Jason Martinez of Roster Resource has the club currently projected at just over $112MM, including Keuchel and Gonzalez — neither of whom has been formally announced by the team.
Regardless, it certainly would seem as though the Sox have the payroll capacity to fit Castellanos into the budget. The White Sox’ previous record for Opening Day payroll came back in 2011 when they approached $128MM, and the team’s clear shift from rebuild to win-now mode has naturally been accompanied by expectations of greater spending. They’ll also see Alex Colome, James McCann and Kelvin Herrera come off the books next season, so there’s ample space down the road as well.
With the Sox, Castellanos, Mazara and Eloy Jimenez could seemingly be rotated through the corner outfield spots and designated hitter in an effort to keep all three fresh. None of the bunch is capable of playing center field, even in a pinch, although top prospect Luis Robert is looming in the upper minors and should get his first look at the big leagues in 2020. With Robert and top second base prospect Nick Madrigal both believed to be on the cusp of MLB promotions, it’s certainly arguable that adding another potent bat to step in at designated hitter is a greater need than adding insurance in center field or at second base.
That said, the White Sox surely aren’t the only ones still vying for Castellanos and arguably don’t have as acute a need as some rival clubs. The Rangers, for instance, have been aggressive in reshaping their pitching staff but haven’t done anything to upgrade their lineup. The Reds have added Mike Moustakas but have reportedly been in the market for an outfielder since, so Castellanos would still seem to fit the bill there as well. Other clubs, including the Giants, D-backs and Cubs have all been linked to Castellanos to varying extents, although the Cubs seemingly aren’t going to spend at anywhere near the level it would take to bring Castellanos back to Wrigley Field.
Yankees Trade Chance Adams To Royals
1:20pm: The Yankees announced that they’ve acquired minor league shortstop Cristian Perez in exchange for Adams. The 21-year-old had a down season in his first year at Class-A Advanced in 2019, hitting .252/.290/.285 in 424 plate appearances.
Perez has never shown any semblance of power in the minors and doesn’t walk much. However, he’s consistently posted low strikeout rates and hit for a respectable average (career .263/.312/.319). Kiley McDaniel and Eric Longenhagen of FanGraphs called him an “instinctive defender with some feel to hit” in their write-up of the Royals’ farm system early in the 2019 season.
1:01pm: The Yankees and Royals have agreed to a deal that will send right-hander Chance Adams from New York to Kansas City, tweets MLB.com’s Mark Feinsand. Once rated as one of the organization’s best prospects, Adams was designated for assignment last week in order to open a roster spot for newly signed Gerrit Cole. The two teams have yet to formally announce the deal.
Adams, 25, has struggled to an 8.18 ERA in a small sample of 33 MLB innings but isn’t long removed from being considered one of baseball’s best pitching prospects. In the 2017-18 offseason, each of Baseball America, MLB.com ad Baseball Prospectus ranked Adams within the game’s top 100 overall prospects. At that point, he’d just wrapped up a season that saw him pitch to a 2.45 ERA with 8.1 K/9 against 3.5 BB/9 in 150 1/3 innings between Double-A and Triple-A.
Things haven’t gone smoothly for Adams since, as he’s posted a 4.72 ERA in nearly 200 Triple-A innings since that time (in addition to the aforementioned MLB struggles). Adams has seen his walk rate tick upward as his strikeout percentages have dipped considerably from his time in the low minors. However, he won’t turn 26 until next August and has a minor league option remaining, so there’s little harm in a rebuilding club like the Royals taking a speculative look in hopes of striking gold.
Indians To Sign Cesar Hernandez
The Indians have reached a one-year agreement with free-agent second baseman Cesar Hernandez, ESPN’s Jeff Passan tweets. The Octagon client will earn a $6.25MM salary for the 2020 season.
Hernandez, 30 in May, was non-tendered earlier this month after a run of five solid seasons as the Phillies’ primary second baseman. From 2015-19, Hernandez racked up 3026 plate appearances in Philadelphia and turned in a .278/.355/.388 batting line with 45 home runs, 106 doubles, 27 triples and 79 stolen bases. His home run totals ticked up in 2018-19 as well, when the switch-hitter logged a combined 29 round-trippers.
However, Hernandez was eligible for arbitration for the final time this winter and due a raise on last season’s $7.75MM salary. MLBTR contributor Matt Swartz projected an $11.8MM salary for his final trip through that process. The Phillies — and, clearly, other teams — deemed Hernandez’s likely arbitration price to be too steep and opted to non-tender him, sending him out into the open market for the first time in his career.
Several factors surely contributed to the decision to cut Hernandez loose. The free-agent market is arguably deeper at second base than any other position, thus hampering the Indians’ ability to drum up trade interest in Hernandez even in spite of his steady rate of play over the past half decade. The Phillies also had a versatile pair of infielders in Jean Segura and particularly Scott Kingery, allowing them to target virtually any infield option they saw fit upon moving on from Hernandez. (Eventually, the club zeroed in on Didi Gregorius.)
With the Indians, Hernandez will now slot in as their primary second baseman, replacing mainstay Jason Kipnis, whose 2020 club option was bought at the onset of the offseason. He’ll bring a generally solid defensive reputation to the table in Cleveland, though Hernandez isn’t likely to be bringing home any Gold Glove Awards in the near future. Metrics like Ultimate Zone Rating and Defensive Runs Saved are a bit split on his total body of work, but Hernandez has only had one truly poor season per either of those measures. And, in 2019, he posted +6 DRS and a 0.7 UZR, suggesting he’s still more than capable of handling the position.
Installing Hernandez at second base means that two-time All-Star and two-time Silver Slugger Jose Ramirez will be locked in as Cleveland’s primary third baseman in 2020. Ramirez is capable of playing either second or third, which gave the Indians’ front office some flexibility when eyeing potential infield targets in free agency.
Of course, that flexibility only extends so far, as Cleveland ownership has rather clearly given the front office some notable payroll constraints. The Indians have already sent Corey Kluber to the Rangers in a trade that more closely resembled a salary dump than anything else. The fact that they nonetheless took what was widely regarded as a light return now — as opposed to keeping Kluber and hoping he built up some value early in the year — suggests that clearing the entirety of next year’s $17.5MM salary was a critical element of the swap.
Whether the Indians make any additional shakeups on the roster is currently one of the more interesting hot stove storylines in the game. Teams have been trying to pry superstar shortstop Francisco Lindor away from Cleveland to no avail, and burgeoning frontline starter Mike Clevinger is reported to be drawing interest as well. There’s no firm indication that the Indians plan to move either player, though, and even with Hernandez now on board, Cleveland’s payroll checks in at roughly $97MM, per Roster Resource’s Jason Martinez. That’s a drop of $38MM from 2018’s Opening Day mark and $22MM from 2019’s Opening Day total.
Marlins Sign Francisco Cervelli
10:07am: The Marlins and Cervelli are in agreement on a one-year deal worth $2MM, tweets MLB.com’s Mark Feinsand. The contract is pending a physical.
9:40am: The Marlins are “making progress” on a one-year contract with free-agent catcher Francisco Cervelli, MLB.com’s Joe Frisaro reports (via Twitter). Frisaro first linked to the two parties earlier this month, pointing out that early in his career, Cervelli was a teammate of Marlins CEO Derek Jeter with the Yankees. Cervelli is represented by Wasserman.
Miami will again deploy 26-year-old Jorge Alfaro as its primary backstop in 2020, but Cervelli would bring a veteran backup to help guide the still-developing Alfaro. Although injuries — primarily concussions — have ravaged Cervelli’s career over the past several seasons, he’s still a 12-year veteran who, at his peak, was one of the top defensive catchers in all of baseball.
This past season, the 33-year-old Cervelli was limited to 48 games and 160 plate appearances between the Pirates and the Braves, during which time he hit just .213/.302/.348. But he’s only one season removed from a much stronger .259/.378/.431 batting line and a career-high 12 home runs in 404 plate appearances. Drawing walks (career 10.3 percent) and avoiding strikeouts (19.2 percent) have always been a part of Cervelli’s game, so if he’s healthy he should be a solid source of on-base percentage who regularly puts the ball in play.
Defensively, Cervelli might not be the standout he once was, but he nonetheless enjoyed a solid season in some regards. Cervelli thwarted eight of the 25 stolen-base attempts against him (32 percent) and logged roughly average framing numbers per Baseball Prospectus, FanGraphs and Statcast. Cervelli did struggle a bit in terms of blocking pitches and yielding passed balls, though one can also imagine that with better health, there’d be improvement — particularly considering his much stronger track record in that area.
Padres, Pierce Johnson Agree To Two-Year Deal
The Padres have agreed to a two-year contract with right-hander Pierce Johnson, ESPN’s Jeff Passan reports (via Twitter). The former Cubs top prospect will be guaranteed $5MM over the life of the deal, and the contract contains a team option for a third season. Johnson is represented by JBA Sports.
Johnson, 29 in May, spent the 2019 season pitching for the Hanshin Tigers of Japan’s Nippon Professional Baseball, where he posted otherworldly numbers. In 58 2/3 innings of relief, he posted a 1.38 ERA with a 91-to-13 K/BB ratio (14.0 K/9, 2.0 BB/9). Unlike many big leaguers who enjoy overseas breakouts and return to find MLB deals, Johnson needed only one season of success to convince a Major League club that he was worthy of a multi-year deal.
Despite being selected by the Cubs with the No. 43 overall pick in 2012 and at one point ranking among the game’s top 100 prospects, Johnson pitched only a single MLB inning with the organization in 2017. He was booted from the 40-man roster in December and landed with the Giants on a waiver claim. He’d go on to pitch 43 2/3 innings with San Francisco the following year in 2018, although the results weren’t pretty. Johnson logged a 5.56 ERA with 7.4 K/9, 4.5 BB/9, 1.03 HR/9 and a 37.8 percent ground-ball rate out of the Giants’ bullpen in his lone season with the organization.
That limited sample represents the entirety of Johnson’s body of work in the big leagues, but he’ll become the latest in an increasing number of players to find success in either Japan or Korea and parlay that overseas breakout into a big league contract. This offseason, we’ve seen Johnson, Josh Lindblom and Joely Rodriguez cash in on multi-year contracts, just as Merrill Kelly, Miles Mikolas, Eric Thames and (several years prior) Colby Lewis did.
It’s a low-risk investment for any big league team to make, and the growing frequency of deals like looks like the beginning of a trend. Teams aren’t shy about mimicking successful strategies from other organizations, after all, and to this point there’s been a fair bit of success with this approach to talent acquisition.
From the player side of the equation, it’s a no-brainer, as most players jumping to play in NPB and the KBO — Adam Jones notwithstanding — are fringe 40-man roster candidates at best and will make significantly more playing in Asia than they would in a season of Triple-A ball (even with some occasional MLB promotions mixed in). And, upon returning, they’re able to sign seven-figure contracts, some of which even offer the opportunity to become a free agent at the completion of the deal rather than slotting back into the arbitration system.
Mike Clevinger Drawing Trade Interest
TODAY: The Dodgers continue to be “very aggressive in pursuit of” Clevinger and Lindor, USA Today’s Bob Nightengale tweets.
DEC. 19: Indians righty Mike Clevinger is drawing trade interest, per Robert Murray (Twitter link), although the team is said to have put a “crazy high” asking price on the soon-to-be 29-year-old. The Padres and Dodgers are among the clubs to have at least inquired on Clevinger, although there are quite likely others, given the sizable demand for starting pitching, the dwindling supply in free agency and Cleveland’s recent trade of Corey Kluber.
Interest in Clevinger isn’t much of a surprise. He enters his age-29 season with three years of club control remaining and a sterling 2.96 ERA with 10.3 K/9, 3.3 BB/9, 0.9 HR/9 and a 40.6 percent ground-ball rate over the past three seasons (477 2/3 innings in total). Clevinger missed about two months with a teres major strain last year but otherwise hasn’t had a notable injury since undergoing Tommy John surgery as a minor leaguer back in 2012.
The Indians’ front office is widely believed to be working with a slimmer budget this season than in recent years, as ownership has opted to scale back spending after reaching record payroll levels in 2017-18. That payroll preference was perhaps the primary reason that Kluber was moved — as opposed to holding onto him in hopes of receiving a better offer this summer — and it’s part of the reason that the club will at least listen to proposals on players like Clevinger and superstar shortstop Francisco Lindor. But president of baseball operations Chris Antonetti and GM Mike Chernoff have repeatedly stated that they expect Lindor to be their Opening Day shortstop; Antonetti reiterated as much in an appearance on MLB Network this week (video link). And while there’s been no declaration on Clevinger’s status, he’s likely viewed as a similarly vital piece of the team’s core.
Clevinger is projected by MLBTR contributor Matt Swartz to earn $4.5MM in his first trip through the arbitration process this winter, so he’s nowhere near as pricey as Kluber ($17.5MM) or Lindor ($16.7MM projected salary). And, because he’s controlled for three more years and his salary isn’t yet prohibitive (relative to Paul Dolan’s apparent spending preferences), one can imagine that it would indeed take a staggering offer to pry Clevinger from the organization’s grasp.
Elite prospects like Gavin Lux and Dustin May have been frequently mentioned in trade rumblings surrounding the Dodgers and Lindor, and it stands to reason that the Indians would have a similarly high ask to consider parting ways with Clevinger. While he may not match Lindor in pure 2020 value, he’s about 25 percent as expensive and can be controlled a year longer than Lindor. Essentially, fans hoping to see their club secure a talent the caliber of Clevinger or Lindor should make a list of the young, controllable players with whom they’d be most reluctant to part … and then expect that at least one and more likely two of said group would be at center of such a deal (in addition to some lesser prospects).
Red Sox Announce Eight Minor League Signings
The Red Sox on Friday announced an octet of minor league signings, revealing that they’ve added catcher Jett Bandy; outfielder John Andreoli; left-hander Mike Kickham; corner infielder Jantzen Witte; first baseman/outfielder Nick Longhi; and right-handers R.J. Alvarez, Domingo Tapia and Robinson Leyer as non-roster invitees to Spring Training. Each of Bandy, Andreoli, Kickham and Alvarez has some MLB experience.
Bandy, 30 in March, was once viewed as a potential long-term option behind the dish for the Angels but hasn’t panned out as such. He’s logged 156 games in the big leagues between Anaheim and Milwaukee, posting a .218/.282/.365 batting line through 492 plate appearances. He’s adept at shutting down the running game (32 percent career caught-stealing rate) but has drawn more questionable marks for his framing efforts.
Andreoli, 29, has only collected 67 plate appearances at the MLB level but has been an on-base machine in Triple-A, where he’s put together a .262/.375/.416 batting line across parts of five seasons (2465 plate appearances). The right-handed-hitting veteran has seen ample time at all three outfield spots since being selected in the 17th round of the 2011 draft by the Cubs.
The 31-year-old Kickham hasn’t pitched in the Majors since 2013-14 with the Giants and has allowed more runs than he has completed innings pitched in his short MLB career (37 runs, 30 2/3 innings). But Kickham has displayed strong control and pitched reasonably well in a tough pitchers’ environment with the Marlins’ Triple-A club in each of the past three seasons in addition to a strong winter ball showing in Mexico (1.96 ERA in 41 1/3 innings). He’ll give the club some depth that has experience working as both a starter and a reliever.
Alvarez, 28, hasn’t pitched in the big leagues since 2015 and was also with Miami’s Triple-A affiliate in 2019. His bottom-line results in parts of five Triple-A seasons don’t immediately jump out, but he’s averaged nearly 12 strikeouts per nine innings pitched throughout his minor league career. Control has been an issue as well, however, evidenced by the fact that he’s yielded nearly five walks per nine frames en route to his lifetime 4.22 ERA in Triple-A.