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Free Agent Profile: Nelson Cruz

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Last winter, Nelson Cruz turned down a $14.1MM qualifying offer from the Rangers only to find that the market wasn’t anywhere close to what he had hoped.  The Orioles wound up inking him to a one-year, $8MM deal which proved to be a brilliant signing.  This time around, he shouldn’t have any trouble landing a multi-year deal.

Strengths/Pros  

In 2014, Cruz turned in a .271/.333/.525 slash line with 40 homers on the way to his third career All-Star selection.  Cruz’s 40 dingers weren’t just a career-high, it was the highest home run total of anyone in the majors in 2014.  Cruz’s .525 slugging percentage was good for eighth in the majors, putting him above the likes of Jose Bautista, Miguel Cabrera, and David Ortiz.  In a season where the Orioles got just 26 games out of Matt Wieters and lost Manny Machado for half the year, Cruz stepped up in a major way and helped propel them to first place in the American League East. nelson cruz (vertical)

The advanced metrics were also very fond of Cruz’s 2014 performance.  His 137 wRC+ put him in the upper echelon of sluggers.  Meanwhile, Cruz’s .288 BABIP was actually a bit lower than his career average and his strikeout rate dipped, so there’s reason to believe he could bump his batting average a bit going forward.  Cruz ranked seventh in MLB and first among this offseason’s free agent with a .254 ISO in 2014.

His 2014 may have been a pleasant surprise, but it didn’t come out of the blue.  Cruz has a solid track record of quality offensive performance, dating back to his breakout 2009 season with the Rangers.  In those six years, Cruz owns a .271/.332/.514 batting line with about 29 homers per season and an OPS+ of 123, showing that he was still well above average even when factoring in the hitter-friendly confines of Globe Life Park in Arlington.

Cruz has proven to be an elite hitter against left-handers with a career .314/.407/.569 while his .258/.310/.513 slash line against righties is nothing to sneeze at either.

Teams will also find his October body of work attractive, and with good reason.  With his two home runs in the ALDS, Cruz leapfrogged some legendary names to climb up the all-time postseason home run ladder.  With homers 15 and 16 against the Tigers, Cruz tied Carlos Beltran for ninth all-time.  As Mark Saxon of ESPN.com noted, that vaulted him ahead of Alex Rodriguez, Johnny Bench, Barry Bonds, Joe DiMaggio, Mark McGwire, and, yes, Babe Ruth.  Cruz got there in just 37 career postseason games, less than all of the other players listed.

Weaknesses/Cons  

Unsurprisingly, the Orioles made a qualifying offer to Cruz, meaning that there will be draft pick compensation attached to signing him.  In his last trip through free agency, the QO hurt his market (though his asking price was probably more to blame), leading to his discounted deal with Baltimore.  Of course, the circumstances were different.  For starters, Cruz was reportedly seeking as much as $75MM at the outset of free agency, unrealistic numbers that led to him settling in January.  His value was also hurt by the tarnish of the Biogenesis scandal and the resulting 50-game suspension he served in 2013.

For all of his positives at the plate, there isn’t much that can be said for his agility or base running at this stage of his career.  In 2014, Cruz put up a career-worst BsR of -3.3, putting him somewhere between “below average” and “poor” on the basepaths.

While Cruz graded well in a small sample this year (he had a UZR/150 of 3.8 with 3 defensive runs saved), he’s certainly not valued for his glove.  He spent more of his time in the DH role, which he might be better suited for going forward.  A team signing Cruz will be getting him for his mid-to-late 30s (he’ll start next year at 34 and turn 35 on July 1) and his agility in the field doesn’t figure to improve from here, to say the least.

Cruz’s WAR of 3.9 from this past season was his highest in years, a showing that was only bested by his 2010 season with the Rangers.  In his last three seasons, his value has been teetering on that of a good player, but not necessarily a great one (although his suspension in 2013 did deflate that number).

On the whole, his age figures to dampen his value.  While teams are usually looking to pay for prime years at the top of the market, Cruz’s remaining years could be a drop off from what we’ve seen over the last few.

Personal  

As Steve Adams noted in his profile of Cruz last winter, he’s an accomplished two-sport athlete who played for the Dominican Republic Junior National Team in his younger days.  His father also played professional baseball in the DR, so that sort of thing runs in the family.  Cruz and his wife have two children.

Executive vice president Dan Duquette had great things to say about Cruz as a locker room presence earlier this month.  “You can tell just by watching him, he’s the leader of the ballclub,” said Duquette, according to Eduardo A. Encina of The Baltimore Sun.  Peter Schmuck of The Baltimore Sun wrote that Cruz created a comfort zone for the club’s younger latino players, like second baseman Jonathan Schoop. Adam Jones spoke glowingly about Cruz’s impact on the team.

Cruz changed agents in early October, joining Diego Bentz of Relativity Sports.

Market  

As mentioned Encina’s piece, Duquette is realistic about his chances of keeping Cruz beyond this season.  “He came here to have a platform year to get himself re-established to get him a long-term deal and that’s something we will have to consider,” Duquette said.

The Mariners probably regret passing on Cruz last offseason and they could try and make up for that mistake this time.  They’re in need of a quality DH and are expected to chase the likes of Cruz and Victor Martinez.  A reunion with the Rangers could be a possibility, but they previously balked at the idea of a three-year deal and it may not be any more palatable to them now.   Cruz has been linked to the Yankees, though there isn’t a clear fit at this time with Beltran expected to return to right field.  Giving Cruz DH time could be tough as well with Beltran, Alex Rodriguez, Mark Teixeira likely needing at-bats there.  The Tigers, Royals, and Twins are also among the AL teams with potential interest.  National League teams can and will certainly show interest, but it remains to be seen how far they will go given the concerns about his defense.

Expected Contract

Last season, Curtis Granderson signed a four-year, $60MM deal with the Mets, despite coming off of a season in which he missed 100 games.  Cruz, meanwhile, played 159 games and belted 40 homers in his walk year.  While there are many differences between the two players, including age (Granderson was 32 last winter, Cruz is 34), Cruz’s reps probably believe that they can match the years and top the total value of Granderson’s contract.

Complicating matters, of course, will be the qualifying offer and the same PED suspension that depressed his market value last winter.  As Steve Adams wrote earlier this month about Melky Cabrera, no player with those two factors working against them has ever been able to cash in big in free agency.

Steve projected that Cabrera would land a five-year, $66.25MM and rightly noted that Cabrera is four years younger and has more defensive value.  Still, Cruz has power on his side and that is at a major premium around the game.  His age will preclude him from the same length on the contract but he can still get a very healthy payday for himself on a slightly shorter deal.  I predict that Cruz will ultimately best Granderson’s deal from last winter with a four-year, $70MM deal.

Photo courtesy USA Today Sports Images.

Orioles Make Qualifying Offer To Nelson Cruz

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The Orioles announced that they have made a one-year, $15.3MM qualifying offer to Nelson Cruz and also re-instated Manny Machado and Matt Wieters from the 60-day disabled list, bringing the team’s 40-man roster to 33. At this point, it appears that Nick Markakis will not be the recipient of a QO, which should help his stock on the free agent market. Of course, he’s also said to be discussing a four-year deal to remain in Baltimore.

Cruz signed a one-year, $8MM contract with the Orioles last winter after seeking as much as $75MM+ despite battling the negative impact of both a QO and a season-ending PED suspension. His 2014 performance indicated that teams needn’t be overly concerned with his power production following the suspension, however, as he hit .271/.333/.525 with  Major League leading 40 home runs (plus two more in the postseason).

Cruz is expected to turn down the offer, of course, on the heels of that excellent season in hopes of finding the multi-year deal he wasn’t able to secure last winter. If he signs elsewhere, the O’s will get a comp pick at the end of next year’s first round, and the signing club will forfeit its top unprotected draft pick.

MLBTR’s Free Agent Tracker can be used to monitor all players who received a qualifying offer over the next week until the deadline for them to make their decisions, which will be 5pm ET next Monday.

AL East Notes: Robertson, Headley, Happ, Tomas

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In a text message to George A. King III of the New York Post, David Robertson says things are “quiet on the front” in terms of a multiyear contract with the Yankees or receiving a qualifying offer from the team.  The Yankees are expected to extend the QO to Robertson and the closer is very likely to reject it given the interest in his services.  At least six clubs are interested in Robertson this winter, a league source tells Mark Feinsand of the New York Daily News.

Here’s more from around the AL East…

  • The Yankees have begun talks with Chase Headley, CBSSports.com’ Jon Heyman reports.  New York has exclusive negotiating rights with Headley until 11pm CT tonight, though it would be quite surprising to see a deal reached before Headley has had a chance to test the thin free agent market.
  • Blue Jays southpaw J.A. Happ is “generating lots of interest” in trades, Sportsnet.ca’s Shi Davidi reports.  Happ enjoyed a solid 2014 season and had his $6.7MM option for 2015 exercised by the Jays on Friday.  With the newly-acquired Marco Estrada now in the rotation mix, Happ could be expendable.
  • Earlier today, Sportsnet.ca’s Jeff Blair reported that the Blue Jays have had internal discussions about Russell Martin.  In that same item, Blair notes that Jays GM Alex Anthopoulos might look to act quickly this offseason rather than wait for deals to develop.  The latter strategy left the Jays largely empty-handed last winter.  Toronto has already dealt Adam Lind to Milwaukee, a trade that Blair feels doesn’t make much sense for the Jays unless a follow-up move is forthcoming.
  • The Orioles don’t seem to have interest in trading or non-tendering Chris Davis, MASNsports.com’s Steve Melewski reports, though the first baseman will have much to atone for in Baltimore following his disappointing 2014 season.
  • Though the Orioles currently have six legitimate rotation candidates on the roster, MASNsports.com’s Roch Kubatko expects the club to add pitching depth by signing at least one veteran to a minor league deal.
  • Jay Alou, Yasmany Tomas’ agent, tweeted that his client worked out at the Red Sox academy in the Dominican Republic over the weekend.  While the Sox have had some interest in Tomas in the past, WEEI.com’s Rob Bradford hears that the workout was arranged “partly out of convenience, with Tomas needing a place in the area to continue his preparation.”  It would be a surprise to see Boston sign Tomas given that the Sox already have an outfield surplus.
  • The Red Sox are in need of a top left-hander for the bullpen, Michael Silverman of the Boston Herald writes.  Bringing back Andrew Miller would be the best option, though he’ll be heavily courted by several teams and the Sox may not be able to win a bidding war.
  • Silverman thinks the Red Sox and Burke Badenhop could quickly come to terms on a new contract.  The righty reliever posted a 2.29 ERA in 70 2/3 IP with Boston in 2014.

Offseason Outlook: Baltimore Orioles

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With the Orioles’ first AL East title and first ALCS appearance since 1997, it was a season to remember in Baltimore.  Before following up, however, the O’s will have to take care of quite a bit of in-house business.

Guaranteed Contracts

Arbitration Eligible Players (service time in parentheses; projections via Matt Swartz)

Contract Options

Free Agents

The Orioles answered one of their biggest offseason questions before the ALCS even began, as the club inked J.J. Hardy to a three-year, $40MM extension.  In keeping Hardy in the fold, the Orioles not only ensure their own stability at shortstop, but they also keep a very sought-after player away from potential rivals; the Yankees, for one, were rumored to be interested in Hardy’s services.

With over two-thirds of the roster due for arbitration raises or facing contract options, it’s no surprise that Orioles plan to increase their payroll for 2015.  What remains to be seen is if that spending increase leaves room for new players, or simply reflects the fact that key contributors like Chris Tillman, Miguel Gonzalez and Zach Britton are no longer making minimum salaries.

I’d guess that Tillman will be approached about contract extensions this winter, as Dan Duquette will look to achieve some cost-certainty in future years by locking up a pitcher who looks like a key part of Baltimore’s future.  The O’s had a similarly large arbitration class last winter, and they responded by trading the biggest projected contract (Jim Johnson) to free up payroll space and discussing extensions with the two players (Chris Davis, Matt Wieters) who projected as long-term pieces.  In hindsight, the team benefited by not finalizing those extensions given how Wieters missed most of the season with injury and Davis took a big step back after his mammoth 2013 campaign.  I’d expect one-year deals for both players in their third and final arb-eligible seasons, putting Wieters and Davis on pace for free agency in the 2015-16 offseason.

Now that Evan Meek has been outrighted off the Orioles’ 40-man roster, that leaves Baltimore with 11 players arbitration-eligible players this offseason.  The only possible non-tender candidate could be Alejandro De Aza, and even he may be retained given the unsettled nature of Baltimore’s 2015 outfield.  Matt Swartz projects the O’s will spend $56.9MM on these 11 players; add that to the roughly $43MM owed to six players on multiyear contracts and the $9MM total required for Wei-Yin Chen and Darren O’Day’s options and the Orioles are now in the $109MM range for 19 players.  That’s already more than the $107.46MM the club spent on payroll in 2014, according to Cot’s Baseball Contracts.

The Orioles have already addressed their four outstanding club options.  Chen and O’Day, as expected, saw their options exercised while Nick Hundley’s $5MM option was declined (Caleb Joseph is the cheaper backup catcher option for Wieters next season).  The O’s also declined their half of Nick Markakis’ $17.5MM option, and as MLBTR’s Steve Adams recently noted in his Markakis’ Free Agent Profile, declining the option makes it unlikely that the team will extend Markakis a qualifying offer.

In short, the long-time Oriole will be one of the most sought-after outfield bats on the free agent market.  If Markakis indeed doesn’t have a qualifying offer tied to him, Adams projects him to receive a four-year, $48MM deal.  By contrast, the O’s will make a qualifying offer to Nelson Cruz, which should diminish the slugger’s market a bit, though not to the same level as last winter, when Baltimore was able to sign Cruz to a one-year, $8MM deal that turned into a major bargain.  It wouldn’t be a surprise if Cruz finds at least double that amount on his next contract, netting him in the $16MM average annual value range.

Baltimore seems to have made some solid progress in talks with Markakis and at least touched base with Cruz earlier this season, so the club is fully exploring the possibility of re-signing both players.  If they feel they have a legitimate shot at bringing both back next year, another payroll-cutting move (such as non-tendering De Aza) would likely be forthcoming.

If both outfielders sign elsewhere, then the O’s have at least one ready corner outfield replacement ready in Steve Pearce.  His big 2014 breakout ensures he’ll find an everyday role somewhere on the diamond and he has experience in both LF and RF.  Delmon Young is also hitting free agency and could be brought back at a modest price; he could form a righty-lefty platoon with De Aza or David Lough in left field.  Lough and De Aza would also expect to see playing time in the outfield even if Cruz or Markakis returns, as either veteran (Cruz especially) would see time at the DH spot.

Pearce’s positional flexibility and the lack of a full-time DH gives the Orioles some options if Cruz and Markakis indeed leave.  This is just my speculation, but Adam LaRoche or Michael Cuddyer would be fits as solid veteran bats who can likely be had on short-term contracts.  Both players would fill everyday roles, which would allow Buck Showalter to employ more platoon depth elsewhere should Pearce come back down to earth.  If the Orioles wanted to go the full-time DH route, they could try to sign Victor Martinez, though his desired four-year contract might be lengthier than the O’s are willing to commit to a 35-year-old.

Around the infield, the O’s seem set with Manny Machado at 3B, Hardy at SS, Jonathan Schoop at 2B and Davis at 1B, though Hardy is the only one who doesn’t have some uncertainty hanging over him headed into next year.  Machado has shown he’s one of the game’s top young stars when healthy, though he has undergone two significant knee surgeries in as many years.  Schoop flashed some nice defense in his first full big league season, though he’ll be expected to show more at the plate than last year’s .598 OPS in 481 plate appearances.

As for Davis, he went from a 53-homer performance in 2013 to a below-average 94 wRC+ in 2014 and also missed the end of the season after being suspended 25 games for Adderall usage.  Davis might be Baltimore’s biggest x-factor for 2015; if he returns to form, the slugger would more than make up for the possible loss of Cruz or Markakis.  Then again, for the Orioles to re-sign those two, Davis could become a trade chip in order to free up payroll space.  They’d be selling low on Davis, though the first baseman’s 2013 campaign is still fresh enough in everyone’s mind that he’ll draw interest.

The Orioles boasted one of the league’s top bullpens last season, and most of the principals are set to return with Britton closing and O’Day and Tommy Hunter as setup men.  The team paid a heavy price (left-handed prospect Eduardo Rodriguez) to obtain Andrew Miller from the Red Sox at the All-Star break, and while Miller pitched very well down the stretch, the high price he’ll command in free agency will likely bring his stint in Baltimore to an end.  It wouldn’t be a surprise to see the O’s pursue a veteran reliever for depth purposes.

Starting pitching could be the biggest area of surplus for Baltimore since the club has six rotation options (Tillman, Gonzalez, Chen, Bud Norris, Ubaldo Jimenez and Kevin Gausman), top prospect Dylan Bundy on his way back from Tommy John surgery and prospects Mike Wright and Tim Berry knocking on the Major League door for depth purposes.  Tillman is the nominal ace, Jimenez is probably unmovable due to his big contract and poor performance last year, and Gausman and Bundy are untouchable as the future of the staff.

This leaves Gonzalez, Chen and Norris as possible trade chips — all solid, unspectacular pitchers with team control (Chen and Norris one year, Gonzalez three years) remaining.  Norris is the most expensive, projected to earn $8.7MM in his final arbitration-eligible year.  While that’s a reasonable salary for an innings-eater, it might also make him the most expendable for a team that’s looking to free up payroll space.

To speculate about a few possible trade partners looking for pitching, the Rockies and Pirates have a number of young outfielders to offer if the O’s were looking for external solutions to replace Cruz or Markakis.  If a bigger-name solution was explored, the Braves could have Justin Upton and Jason Heyward on the market this offseason, though both players are only contracted through 2015 and Atlanta would require more in return than just one of the Gonzalez/Chen/Norris trio.  Such teams as the Cubs, Twins, Diamondbacks, Mariners, Rangers and Angels are among the teams who could also be looking to trade for pitching this winter.

It seems contradictory to predict a surprise, yet given Duquette’s track record in Baltimore, expect him to make one under-the-radar acquisition (a la Chen, Gonzalez, Pearce, Young, Jason Hammel or Nate McLouth) that ends up paying big dividends for the Orioles.  Making the most of unheralded acquisitions and raising the roster’s talent floor have been big reasons why the O’s are 274-212 with a pair of playoff appearances during Duquette’s regime.  Much of the Orioles’ offseason will be shaped by what Cruz and Markakis do, but the club is still in position to contend in 2015.

Orioles Discussing Four-Year Deal With Nick Markakis

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The Orioles and Nick Markakis have been discussing a new contract in the range of four years for the free agent outfielder, Roch Kubatko of MASNsports.com reports.  “The two sides have been talking for weeks” about a new deal, and Kubatko believes the two sides will reach an agreement to keep Markakis in Baltimore.  Kubatko thinks a deal will come “in the not-too-distant future,” though the Orioles’ exclusive negotiating window with Markakis and all their free agents ends at 11pm CT on Monday night.

After signing J.J. Hardy to an extension before the start of the ALCS, it would be quite a coup for the O’s if they were able to lock up another of their major in-house free agents before letting him hit the open market.  MLBTR’s Steve Adams recently predicted that Markakis (as long as the O’s didn’t tag him with a qualifying offer) would find a four-year, $48MM deal this winter, so the reported deal length would seem to be a fit, provided that the two sides can agree on the finances.

Baltimore has already declined its half of Markakis’ $17.5MM mutual option for 2015, which was something of a surprising move since it cost the team a $2MM buyout; the O’s could’ve simply exercised their side of the option since Markakis was clearly going to decline his side in order to hit the open market.  Declining the option could make more sense, however, if the Orioles thought they were close to a new contract anyways, making that $2MM almost a kind of makeshift signing bonus.

AL East Notes: Maddon, O’s, Headley, BoSox

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Alan Nero, Joe Maddon’s agent, discussed how his client left the Rays for the Cubs in an interview with Jim Bowden and Jim Duquette (audio link) on MLB Network Radio on SiriusXM.  Nero negotiated with the Rays for five or six days before Maddon opted out of his contract, a decision Maddon reached since Tampa didn’t want to make him one of baseball’s five highest-paid managers.  Maddon was willing to take below-market value to stay but the Rays’ offer was “so far from reality that it just didn’t make sense” for Maddon to accept, according to Nero.  Theo Epstein wouldn’t speak to Maddon until he had written proof of the opt-out and permission from the Commissioner’s office, and Nero considers it “a bit insulting” that the Rays would suspect tampering took place.

Here’s some more from around the AL East…

  • Rival teams could be interested in the Orioles’ catching depth, MASNsports.com’s Roch Kubatko opines.  Despite the presence of Caleb Joseph, Steve Clevenger and a number of young backstops in the minors, the team is still interested in bringing back veteran Nick Hundley.  Kubatko speculates that Chris Tillman’s improved performance with Hundley behind the plate could be a factor in why Hundley could return.
  • Mutual interest exists between the Yankees and Chase Headley, though Alex Rodriguez’s presence and Pablo Sandoval’s price tag remain obstacles to a signing, George A. King III of the New York Post writes.  Sandoval’s next deal will set the bar for free agent third basemen, with Headley possibly poised to benefit as arguably the second-best 3B on the open market this winter.
  • For the record, King doesn’t think the Yankees are exploring signing Sandoval, though “it is hard to ignore what the Giants third baseman has done in the postseason.”
  • The Red Sox have been hesitant to sign hugely expensive contracts in recent years and, of course, spending is no guarantee of success.  With so many offseason needs, however, Brian MacPherson of the Providence Journal thinks the team may be more open to one or more big contracts.

Cafardo’s Latest: Aoki, Ross, Friedman

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Here are some of the highlights from the latest Sunday notes column by Nick Cafardo of the Boston Globe…

  • The White Sox will have “a lot of interest” in free agent outfielder Nori Aoki, Cafardo predicts.
  • David Ross was told by Red Sox GM Ben Cherington earlier this week that the club “wanted to see how the roster shook out before making a commitment to” bring back the veteran catcher.  Cafardo speculates that Cherington could be keeping his options open in regards to the team’s need for a left-handed hitting bat; if one can’t be found at another position, the Sox could look to add one at catcher.
  • Now that Joe Maddon is managing the Cubs, Cafardo wonders if Andrew Friedman will regret sticking with Don Mattingly in Los Angeles and not making a move to bring Maddon to the Dodgers.  “I think it will be a case of, ‘Why didn’t I do what the Cubs did?’ ” a baseball executive tells Cafardo. “Joe Maddon seems to be the hot manager out there and guys like that aren’t available very often. When Maddon is out there you don’t need a long, drawn-out managerial search. If you can afford him, you hire him.”
  • Rays bench coach Dave Martinez has been mentioned as a prime candidate to become the team’s next manager, and will surely be on the team’s list of interview candidates.  That said, “the feeling is that if…[Martinez] was going to get the job, he would have gotten it by now,” Cafardo writes.
  • Nelson Cruz’s free agency “will test the Orioles’ commitment to winning.”  In Cafardo’s opinion, the team has “no excuses” for not re-signing such a key part of their lineup, especially with extra revenues coming in from TV and increased attendance.

Rays and Orioles Notes: Maddon, Zobrist, Markakis, Hundley

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Now that former Rays skipper Joe Maddon has signed with the Cubs, the Rays find themselves at a philosophical crossroads, writes Buster Olney of ESPN (Insider only). The Rays must decide whether to pursue tampering charges against the Cubs. Per Olney, the Rays thought they were close to signing Maddon to a multi-year extension before he ultimately opted out of his contract. The timing seems suspicious, but it may be difficult to prove tampering.

The Rays have two options. They can either ignore the whiff of wrong doing or pursue an investigation. Major League Baseball has the authority to demand phone and email records from all 30 clubs, so a basic investigation is possible. Other small market teams, tired of being bullied by the big spenders, would ostensibly support an investigation. If tampering is proven, the Cubs could be forced to relinquish a player in return for Maddon. Historically, such returns have been middling. Randy Winn was traded for Lou Piniella, reliever Chris Carpenter was dealt for Theo Epstein, and the pair of Jhan Marinez and Ozzie Martinez were sent to the White Sox for Ozzie Guillen.

  • Despite turmoil atop the Rays organization, Ben Zobrist is excited to have his $7.5MM club option exercised, writes Marc Tomkin of the Tampa Bay Times. He expressed faith in GM Matt Silverman along with lieutenants Chaim Bloom and Erik Neander. Zobrist is set to become the first player in Rays franchise history to begin a 10th season with the club.
  • The Orioles declined a $17.5MM option for Nick Markakis a few days ago, but they’re still striving to re-sign him, reports Eduardo A. Encina of the Baltimore Sun. One person who expects Markakis to return is manager Buck Showalter. The Orioles can negotiate exclusively with Markakis through Monday night. They also need to decide on a potential qualifying offer, which could depend on the character of their negotiations. After considering his $2MM buyout, the $15.3MM qualifying offer is just a $200K savings over the club option. If the club is confident Markakis will pursue a multi-year deal elsewhere, they may be more inclined to make the offer.
  • Baltimore officially declined Nick Hundley’s 2015 option via Twitter. The club is potentially interested in re-signing Hundley at a rate below his $5MM option, tweets Roch Kobatko of MASNsports.com. The 40 man roster now stands at 31 players according to Kubatko (also Twitter). We first learned the Orioles planned to decline the option last Thursday.

Orioles Claim Patrick McCoy

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The Orioles have claimed left-handed pitcher Pat McCoy off waivers from Detroit, according to  a press release from the Tigers.

McCoy, who turned 26 in August, made his big league debut for the Tigers this season, notching a 3.86 ERA in 14 innings. However, his ERA is a bit misleading, as the southpaw walked 13 batters against 11 strikeouts in that time and also allowed an alarming 21 hits.

Formerly a 10th-round pick of the Nationals, McCoy signed a minor league deal with Detroit last offseason and enjoyed a nice campaign in the minors before getting his first call to the bigs. Splitting the season between Double-A and Triple-A, McCoy pitched to a 3.00 ERA with 6.8 K/9 and 1.8 BB/9 in 45 innings of work.

Orioles Exercise Options On Chen, O’Day; Decline Options On Markakis, Hundley

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The Orioles announced that they have exercised their club options on left-hander Wei-Yin Chen ($4.75MM) and right-hander Darren O’Day ($4.25MM). Additionally, Roch Kubatko of MASNsports.com tweets that the team has declined its half of Nick Markakis’ $17.5MM mutual option (in favor of a $2MM buyout) and declined Nick Hundley’s $5MM option.

The decision to pick up the options on Chen and O’Day was an easy one, as both appear to be bargain rates relative to the level of production of each pitcher. Chen, a 29-year-old left-hander signed out of Taiwan, has been solid in three seasons for the Orioles and enjoyed his best year in 2014. In 185 2/3 innings in the Baltimore rotation, he pitched to a 3.54 ERA with 6.6 K/9, 1.7 BB/9 and a 41 percent ground-ball rate. In three years with the O’s, he’s totaled a 3.86 ERA in 515 1/3 innings while playing on a three-year, $11.388MM contract.

O’Day, who turned 32 last week, has been an integral part of the Orioles’ bullpen over the past three seasons but turned in his best work this year. Though he has a 2.05 ERA over 197 2/3 total innings in Baltimore, he pitched to a 1.70 mark this year to go along with 9.6 K/9, 2.5 BB/9 and a 44.6 percent ground-ball rate.

Markakis has been with the Orioles since being selected with the seventh overall pick in the 2003 draft. In nine seasons with Baltimore, he’s posted a cumulative line of .290/.358/.435. This past season, he posted a .276/.342/.386 line with 14 homers and a total of 2.5 fWAR/2.1 rWAR — a solid rebound campaign as he hits the open market for the first time. First, however, the O’s will have to decide whether or not to make him a $15.3MM qualifying offer. (I recently profiled Markakis and pegged him for a four-year deal without a QO and three years if he gets one.)

Hundley, 31, was acquired in exchange for lefty Troy Patton after Matt Wieters went down for the season due to Tommy John surgery. In 50 games and 174 plate appearances with the O’s, the former Padre batted .233/.273/.352 with five homers. He caught 19 percent of opposing base-stealers and graded out as a slightly above-average pitch-framer, per Baseball Prospectus.

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