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Orioles Still In On Cruz, Morales

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Even after giving up a first-round draft choice to add one of the premier free agents still available in starter Ubaldo Jimenez, the Orioles could still sign another player tied to compensation, tweets Jim Bowden of ESPN.com. The club remains in on both Nelson Cruz and Kendrys Morales.

Indeed, as executive VP Dan Duquette recently noted (via Ken Rosenthal of FOX Sports), "if you do one, I think that makes the second one easier, frankly." In large part, the reason for that stance is that Baltimore would pay a relatively meager price in terms of draft compensation. Having already given up the 17th overall choice and traded the team's competitive balance pick (currently, 33rd overall), the O's would now only need to part with their second-round choice (52nd overall as of today), as well as its slot value of just over $1MM.

According to Rosenthal (via Twitter), the Orioles appear more interested in Cruz than Morales. While both players have their limitations defensively, Cruz is capable of playing the outfield, while Morales is limited to first (or, depending upon who one asks, designated hitter). Of course, the latter offers a switch-hitting option while Cruz only bats right-handed. 

Reactions To The Ubaldo Jimenez Agreement

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After a quiet offseason for the Orioles, the team pounced in mid-February, officially announcing a three-year deal for righty Suk-min Yoon yesterday but more significantly (from a financial standpoint, at least) agreeing to a four-year, $50MM contract with Ubaldo Jimenez. Baltimore surrendered the No. 17 pick in this year's draft to issue the largest contract for a pitcher in franchise history. Some early reactions and fallout in the wake of the Jimenez pact…

  • Deep down, the Indians never really wanted Jimenez back in Cleveland, writes Paul Hoynes of the Cleveland Plain Dealer. While the team admired Jimenez's work ethic and felt he was a positive presence in the clubhouse, they didn't feel his wild performance swings were worth the trouble. Hoynes points out that it's a bonus that Baltimore landed Jimenez, because their forfeiture of the No. 17 pick allows Cleveland to move from No. 22 overall to the No. 21 overall pick in the first round.
  • ESPN's Keith Law writes that despite the associated risk, the contract is a win for the Orioles (ESPN Insider required and recommended). He feels the $12.5MM annual value can end up being a bargain for a pitcher that at times shows three pitches which grade as a 60 or better on the 20-80 scale. Additionally, it allows Kevin Gausman to work on the consistency of his slider in the minors, which he will need in order to thrive as a Major League starter.
  • Law's colleague Buster Olney reports that the Orioles upped their offer from three to four years under the belief that the Red Sox and Blue Jays were both aggressively pursuing Jimenez. However, his sources indicate that neither club actually made an offer (Insider required). Olney points out some risks, such as Jimenez's struggles in limiting the running game, and he also opines that the O's should be more willing to lose further draft picks by pursuing Nelson Cruz, Kendrys Morales and perhaps even Stephen Drew.
  • MLB.com's Britt Ghiroli runs down what the Jimenez signing means for other pitchers in the organization. Chris Tillman, Wei-Yin Chen and Miguel Gonzalez are locks (health-permitting), she writes, but Yoon, Bud Norris and out-of-options Zach Britton will battle for the fifth slot. Gausman is almost certainly ticketed for the minors, she writes. Ghiroli also reports that manager Buck Showalter said he prefers an everyday DH and that the best deals often happen in late spring, suggesting that someone such as Morales could be a fit after all.
  • The Jimenez signing should help to discredit the feeling that Orioles owner Peter Angelos is not willing to spend to win, writes the Baltimore Sun's Peter Schmuck.
  • The Sun's Eduardo A. Encina writes that the Orioles' recent international signings made it slightly easier for executive vice president Dan Duquette to surrender the No. 17 pick, as he felt the club added some additional high-upside talent with those moves.
  • Jimenez turned his career around by relying less on his fastball and more on his offspeed stuff — most notably his splitter, writes Eno Sarris of Fangraphs. Jimenez entered the 2013 season having thrown his split just three percent of the time over his career but threw it 14 percent of the time in 2013 with a 17 percent swing-and-miss rate, which helped offset his diminished velocity. If that trend continues, the $12.5MM annual value can be a bargain, Sarris concludes.
  • The Orioles and Jimenez have been working on this deal for a long time, but things came together quickly yesterday when Baltimore conceded and added a fourth year, writes MASNsport.com's Roch Kubatko.
  • Joel Sherman of the New York Post tweets that with Jimenez and Matt Garza each landing four-year, $50MM contracts, Ervin Santana's agents now have a great deal of pressure in trying to match that figure. Sherman also spoke to an executive who called Jimenez the "ultimate crapshoot," noting that Baltimore could be getting a star or a bust. That same exec wondered if Jimenez will struggle facing more patient lineups in the AL East (Twitter links).

Free Agent Notes: Zito, Perez, Gaudin, Colvin, Burnett

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In case you missed it from Friday, ESPN.com's Jayson Stark provided an interesting look at the views of 23 MLB executives on the still-concluding off-season. Intervening events already have impacted some of the conclusions (and will continue to do so), but the piece is chock full of interesting observations nonetheless. Among them: whether or not the money was all wisely spent, the voters say that the Yankees are the most improved team in the American League. A comparatively quiet off-season from the National League left the Nationals as the most improved club on that side (largely on the back of the Doug Fister trade), with the Padres a somewhat surprising choice for the second slot. As for least improved, the Orioles and Blue Jays top the list on the AL side, though Baltimore has already made an off-season altering move and Toronto still could. (The Tigers came in third.) The Reds and Pirates pulled up the rear among National League teams. After the Fister deal (an "all-time heist," as Stark summed up the collective viewpoint), voters liked the Rays' trade for Ryan Hanigan and the Athletics' acquisition of Jim Johnson.

Here are notes on some other free agent situations around the game …

  • Last we checked in with lefty Barry Zito, it was to learn that his option was being declined by the Giants. The reason, reports Jon Heyman of CBSSports.com, is that Zito has apparently not done anything to pursue a contract. Though he is not necessarily hanging up his spikes for good, says Heyman, the 36-year-old will seemingly not pitch in 2014.
  • Southpaw Oliver Perez is considering offers from four clubs, tweets Nick Cafardo of the Boston Globe. A decision is expected in short order.
  • Swingman Chad Gaudin tweeted today that he is in line for surgery and expects to be at 100% in three months. Gaudin, was recently released by the Phillies when he failed his physical, did not disclose details of his malady.
  • Outfielder Tyler Colvin could still end up with the Orioles, tweets Troy Renck of the Denver Post. Baltimore somewhat infamously blew up its contract with the 28-year-old after he failed his physical.
  • A.J. Burnett was mistaken when he said that the Orioles did not express much interest in him, reports Ken Rosenthal of FOX Sports (via Twitter). In fact, says Rosenthal, Baltimore made multiple offers but Burnett wanted to pitch in the National League.

Orioles Nearing Deal With Ubaldo Jimenez

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The Orioles are working to finalize a deal with free agent starter Ubaldo Jimenez, reports MASNsports.com's Roch Kubatko. The contract under consideration is believed to be for four years and $48MM.

Jimenez, 30, is one of the premier remaining available free agents. He checked in at 11th on the top fifty free agent list of MLBTR's Tim Dierkes. 

If he does land at the four-year, $48MM level, it would represent a nice payday at this late stage of the market. As MLBTR's Steve Adams argued in his breakdown of Jimenez's free agent case, the big righty looked good for a three-year, $39MM deal but could plausibly command another guaranteed year that would bring him into the range of Edwin Jackson's four-year, $52MM contract. In Adams' analysis, in spite of his up-and-down recent track record, Jimenez carries the upside of a top-of-the-rotation starter but also has proven a durable innings-eater. 

For the Orioles, the addition of Jimenez would represent a massive shift in the off-season's complexion. Recent signee Suk-min Yoon and reliever Ryan Webb are the only players that the O's have inked to multi-year deals thus far, and both players received guarantees of less than $6MM.

Baltimore has been tied to numberous players to date, and nearly landed reliever Grant Balfour on a two-year, $15MM pact, but has yet to pull the trigger on a major acquisition. Jimenez certainly would represent that, and would be expected to constitute a major upgrade to a rotation that current sports several question marks. According to Kubatko, the Orioles have also participated in recent talks with fellow free agent starter Ervin Santana. 

If Jimenez does indeed sign with the Orioles, his new employer would be required to sacrifice the 17th overall choice in the 2014 amateur draft. Meanwhile, the Indians — Jimenez's former club — would add a sandwich-round compensation pick.

Orioles Sign Suk-Min Yoon

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The Orioles on Monday officially announced that they have signed South Korean right-hander Suk-min Yoon to a three-year contract. Yoon's deal will reportedly guarantee him $5.575MM and also contains incentives and escalator provisions could significantly increase its total value to $13.075MM over that span. Orioles executive vice president Dan Duquette offered the following statement on the signing:

"We are excited to bring Suk-min Yoon to the organization. He has been a top pitcher in the Korea Baseball Organization and has pitched successfully in international competition. We look forward to his contributions to the Orioles."

The contract features a slightly backloaded and rather complicated structure. Yoon will receive a $675K signing bonus, then earn $750K for the coming season, $1.75MM in 2015, and $2.4MM in 2016. On top of that, Yoon can earn $1.25MM in incentives in 2014 based upon games started. Reaching that milestone would also bump his 2015 base by $1.25MM. The same mechanism allows Yoon to earn $1.25MM in incentives for 2015 and add as much as $2.5MM to his 2016 base salary (and, once more, earn a $1.25MM incentive payday in that final year of the deal). 

Notably, Yoon also receives other protection in the contract. He will be eligible to qualify for free agency after the deal is up, and the deal includes a mechanism to protect him from a minor league demotion.

Yoon is said to be "in good shape to pass" the physical, but the club is reportedly remaining quiet about the deal until he does. Obviously, Baltimore is hopeful of avoiding any bad press that might come from issues relating to the medical exam, given its heavily-scrutinized decisions to shelve deals with Grant Balfour and Tyler Colvin due to problems with their physicals. 

As MLBTR's Tim Dierkes explained in his detailed profile of Yoon before the off-season, the Korean hurler was widely regarded as the KBO's second-best pitcher after Hyun-jin Ryu, who went on to success with the Dodgers last year. But that does not necessarily mean he approaches Ryu's upside, as the stark differences in their contracts would suggest. (Ryu was promised $36MM, after Los Angeles bid over $25MM for negotiating rights. Unlike Ryu, Yoon was a free agent and did not require a posting or release fee.)

That is not to say that Yoon lacks appeal, of course. He had two outstanding seasons in the KBO as a starter, winning the league's MVP award in 2011. Though he is said not to have dominant stuff, Yoon is by all accounts a solid arm with the talent to add value in the bigs. The major issue with Yoon, Dierkes noted, was a shoulder injury that hampered his 2013 campaign. He battled through the injury, but split time between a starting and relief role and failed to match his prior production.

Though Dierkes put Yoon's value at two years and $10MM, he noted that prediction was based on very limited information. A recent report indicated that Yoon was seeing wide interest, but that apparently did not allow him to generate much of a bidding war.

From the Orioles' perspective, Yoon is set to receive the first MLB deal given by the club to a starter this off-season. (Of course, the team added Bud Norris via trade at last year's deadline, a fact which is often overlooked.) Indeed, Yoon would represent the largest free agent splash thus far for the O's, beating the two-year, $4.5MM guarantee made to reliever Ryan Webb. 

Given that his contract includes incentives based upon games started, it would seem he stands at least some chance to crack the rotation. The club's rotation figures to include Norris, Chris Tillman, Wei-Yin Chen, and Miguel Gonzalez. Yoon could potentially battle with a range of other options — including Kevin Gausman, Brian Matusz, Zach Britton, T.J. McFarland, and Alfredo Aceves — for the final slot.

Jon Heyman of CBSSports.com first reported the signing. MLB.com's Britt Ghiroli (via Twitter) first reported its approximate value, and Roch Kubatko of MASNsports.com (via Twitter) first reported that it included incentive provisions. Chris Cotillo of MLBDailyDish.com reported the contract breakdown, details, and escalators. Special thanks to Cotillo for explaining the complicated structure of the incentive and escalator provisions.

Royals Claim Jimmy Paredes

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The Royals announced (on Twitter) that they've claimed infielder/outfielder Jimmy Paredes off waivers from the Orioles. The 25-year-old Paredes was claimed by the Orioles (from the Marlins) just two days ago. Paredes' departure from Baltimore's 40-man roster makes room for right-hander Suk-Min Yoon, though the O's have yet to officially announce his signing.

The switch-hitting Paredes batted .192/.238/.248 with a homer and four steals in 135 plate appearances for the Astros in 2013. He was claimed by the Marlins in November before being designated for assignment upon Jeff Baker's signing in Miami. Though he's yet to experience much success at the Major League level, Paredes is a career .306/.347/.471 hitter in 894 plate apperances at the Triple-A level. He has experience at both outfield corners as well as second base and third base.

AL West Notes: Garza, Morales, Cruz, Lewis, Milone

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In the wake of reports that the Angels made a four-year, $52MM offer to Matt Garza in December and pulled it before he could respond, Garza himself confirmed to MLB.com's Adam McCalvy that the Halos did make (and quickly pull) an offer. Garza says that he was on vacation with his wife, celebrating their anniversary: "I was on vacation with my wife and I didn’t want to be disturbed, and it was like, ‘Here it is, we’ll pull it in a certain amount of hours.’ I didn’t have a chance to respond, so I just said, ‘Whatever. It is what it is.'" Garza wound up receiving a slightly smaller guarantee from the Brewers ($50MM), though his deal could be worth as much as $67MM if his fifth-year option triggers and he maxes out his contract's incentives. Garza told McCalvy that upon meeting Brewers owner Mark Attanasio, he felt the club genuinely wanted to sign him, and that was a big factor in his decision.

Here's more from the AL West…

  • Don't rule out a return to the Mariners for Kendrys Morales, tweets Nick Cafardo of the Boston Globe. Cafardo hears that the Pirates aren't willing to forfeit the draft pick they would need to sign Morales. He also hears that Orioles executive vice president Dan Duquette can't get the financial go-ahead from owner Peter Angelos to meet Morales' asking price.
  • Evan Grant of the Dallas Morning News wonders if it would be the best fit for all parties if Nelson Cruz returned to the Rangers on a one-year deal. Grant speculates on some contract specifics that could allow Cruz to earn more than the $14.1MM qualifying offer he rejected, and wonders it the two sides could agree in advance not to go the qualifying offer route next offseason.
  • Rangers right-hander Colby Lewis knows the timing of the flexor tendon injury that has shelved him for the last season-and-a-half was horrible (he was three months from free agency), but the 35-year-old is keeping his head up, writes ESPNDallas.com's Richard Durrett. Rather than lament his misfortune, Lewis instead said that he prefers to count his blessings: "Baseball has given me the opportunity to play and make good money and do it as long as I have."
  • Athletics lefty Tommy Milone might appear to be behind Scott Kazmir, Jarrod Parker, Sonny Gray, Dan Straily and A.J. Griffin on the depth chart, but he's been assured by manager Bob Melvin that he's in the running for a rotation spot, tweets John Hickey of the Bay Area News Group. The A's currently have six starters for five rotation spots, but there's been little talk of them trading an arm.

AL Notes: Dempster, BoSox Payroll, Drew, O’s, Mulder

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Earlier today, Ryan Dempster announced he will not pitch in 2014 forfeiting the $13.25MM he was due in the final year of his pact with the Red Sox. Boston, however, does not intend to pursue Ervin Santana, Ubaldo Jimenez, or other free agent starting pitching, writes WEEI.com's Alex Speier. The Red Sox expect to slot Felix Doubront into the starting rotation and Brandon Workman into the swingman role with their stable of pitching prospects providing depth, according to Speier. Elsewhere in the American League:

  • Speier notes in the same article the Red Sox have newfound financial flexibility with Dempster's salary now off the books. Boston projects to have a 2014 payroll of $176MM (including $9MM allocated for in-season trades and roster additions), a $13MM cushion against the luxury tax. The Red Sox could re-sign Stephen Drew, but Speier wonders whether common ground can be found.
  • GM Ben Cherington passed on the opportunity to discuss the Red Sox's unexpected financial windfall saying the focus should be on Dempster, reports the Boston Globe's Pete Abraham.
  • Joel Sherman of the New York Post tweets the Yankees are not considering any additional free agent acquisitions, which would rule them out on Drew.
  • Jimmy Paredes, claimed on waivers yesterday by the Orioles, is a prime candidate to lose his 40-man roster spot once the team makes its signing of Suk-Min Yoon official, according to MASNsports.com's Roch Kubatko. Yoon has passed his physical, per multiple reports.
  • Mark Mulder, who saw his comeback bid with the Angels end when he ruptured his left Achilles tendon, told reporters, including Alden Gonzalez of MLB.com, he has yet to decide whether he will attempt another return in 2015. "I'd love to say yes, but I don't know. I have to wait and see what the doctors say — see what the process is of how healthy I can get it, how good it feels." Mulder undergoes surgery Monday and the rehab could last up to eight months.

NL East: Kimbrel, Burnett, Simmons, Dice-K

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It has been a newsworthy Sunday in the NL East with the Braves extending closer Craig Kimbrel and the Phillies announcing the signing of A.J. Burnett. Here's the latest on those two deals and the rest of the division:

  • Kimbrel's agent David Meter called Braves GM Frank Wren one week ago and the extension was finalized Friday night, according to David O'Brien of the Atlanta Journal-Constitution.
  • ESPN's Buster Olney tweets the Kimbrel extension is a win-win for both sides.
  • The Kimbrel extension sets a good precedent for baseball because it will tamp down arbitration salaries for closers and it signals no closer will ever receive more than a four-year contract, writes Jim Bowden of ESPN and MLB Network Radio (Insider subscription required).
  • Burnett told reporters, including the Pittsburgh Tribune-Review's Rob Biertempfel, he chose Philadelphia because of its proximity (a 90-minute drive) to his home in Monkton, MD. "This is the first time in my career that I made a decision that wasn't about A.J. Burnett. It was about my wife. It was about my kids. It was about playing somewhere where I'm at home and I can still do what I love. And that feels good. It was a no-brainer to me."
  • Burnett says he didn't receive much interest from the Nationals and Orioles, tweets Bob Nightengale of USA Today. 
  • Phillies Assistant GM Scott Proefrock, who lives a mile away from Burnett, told FOX Sports' Ken Rosenthal the behind-the-scenes story of how the signing came about. 
  • Shortstop Andrelton Simmons could be next in line to receive an extension from the Braves, but Joel Sherman of the New York Post tweets the two sides have a difference of opinion on the 24-year-old's future offensive value.
  • O'Brien tweets it's safe to say the Braves will extend Simmons either this year or next.
  • Daisuke Matsuzaka has a May 30 opt-out in his minor league deal with the Mets, tweets Sherman.

Cafardo On Cabrera, Dodgers, Santana, Hardy

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In today's column, Nick Cafardo of the Boston Globe ranks the top managers in MLB.  Red Sox skipper John Farrell comes in at No. 1 thanks to his communication skills, ability to delegate responsibilities well, and, of course, his 2013 World Series ring.  Bob Melvin, Terry Francona, Bruce Bochy, and Joe Maddon round out the top five.  More from today's column..

  • There have been no talks concerning a contract extension between the Indians and Asdrubal Cabrera.  Cabrera can become a free agent at the end of the season, but it appears the Indians want to see how he rebounds from a down season.  Cafardo sees the shortstop as a potential target for the Yankees next offseason.
  • The Dodgers outfield surplus should work in their favor to start the year with Matt Kemp on the mend, but that doesn't mean GM Ned Colletti won't consider a move later in the season.  One National League special assistant believes that Andre Ethier would work out very well with the Red Sox.  “He needs someone to kick him in the butt, that’s why he would be perfect in Boston with [Dustin] Pedroia. That’s his buddy, and Pedroia would get the most out of him. He doesn’t have anyone like that in L.A.,” said the exec.
  • Don't be surprised if the Yankees' efforts to land Ervin Santana intensify in the coming weeks.  Even after landing Masahiro Tanaka, the Bombers could use one more solid starter to round out their starting five.
  • J.J. Hardy is in the final year of his contract with the Orioles and they would like nothing more than to keep him.  Baltimore will have to pony up some serious cash, however, as he could demand a deal of at least five years, possibly in the $15-17MM range.
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