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Red Sox Acquire Joel Hanrahan In Six-Player Trade

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On the heels of back-to-back All-Star appearances, the Pirates have traded away their closer one year before he hits free agency. Pittsburgh has dealt Joel Hanrahan and infielder Brock Holt to the Red Sox in exchange for reliever Mark Melancon, first baseman/outfielder Jerry Sands, infielder Ivan De Jesus Jr., and right-hander Stolmy Pimentel. Both teams have announced the trade.

Uspw_6394936Hanrahan, 31, pitched to a 2.72 ERA with 10.1 K/9 and 5.4 BB/9 in 59 2/3 innings for Pittsburgh last season. Despite having a reputation as a strong closer, some rival evaluators have been concerned about his conditioning and recent proclivity for walks. Hanrahan's walk rate climbed from 2.1 BB/9 in 2011 to 5.4 BB/9 in 2012. Matt Swartz projects the right-hander to earn $6.9MM through arbitration this winter after pulling down $4.1MM in 2012. Brian MacPherson of The Providence Journal notes he will not net the Red Sox a compensation draft pick if he signs elsewhere based on the assumption Hanrahan will accept a pricey qualifying offer (Twitter links).

Melancon, 27, pitched to a 6.20 ERA with 8.2 K/9 and 2.4 BB/9 in 45 relief innings with the Red Sox after being acquired from the Astros last winter. He spent some time in Triple-A as well, then returned to the big league club at midseason. Melancon struck out 40 and walked just ten in his final 43 innings of the season. The former Houston closer will step into Pittsburgh's bullpen to provide depth behind the recently re-signing Jason Grilli, who will take over as closer.

Both Sands and De Jesus came to the Red Sox in their summer blockbuster trade with the Dodgers. The 25-year-old Sands owns a Triple-A batting line of .288/.362/.552 with 55 home runs in 940 plate appearances across the past two years. He also has 70 big league games to his credit, most of which came in 2011. De Jesus, 25, has 80 big league plate appearances under his belt and is a .303/.355/.416 hitter in 1,294 career Triple-A plate appearances. The Red Sox had recently removed him from their 40-man roster.

Pimentel, 22, was rated as the sixth best prospect in the Red Sox's organization in 2010 by Baseball America but was bumped down to No. 23 the following year. The 6-foot-3 right-hander boasts a strong changeup but has failed to impress at the Double-A level. In 37 starts for Double-A Portland, the youngster has posted a 5.96 ERA with 6.3 K/9 and 3.5 BB/9. Alex Speier of WEEI.com notes that Pimentel was targeted by the Pirates in 2008 as part of the three-way deal with the Dodgers and Red Sox that resulted in Manny Ramirez going to LA and Jason Bay coming to Boston, but the Sox refused to include him.

Holt, 24, was rated as the 27th best prospect in the Pirates' farm system in 2010 by Baseball America, but he has not been featured by the publication in their annual Prospect Handbook since. He hit .292/.329/.354 in 72 big league plate appearances this season, his MLB debut. Holt has hit .317/.381/.427 throughout his minor league career, including a .344/.406/.453 showing between Double-A and Triple-A this past season. He's played the middle infield exclusively as a professional, spending most of his time at short rather than second.

Andrew Bailey, Boston's incumbent closer, pitched to a 7.04 ERA in 15 1/3 innings in 2012 while missing most of the year with injuries. The additions of Hanrahan and Koji Uehara give the Red Sox some late-inning bullpen depth along with Junichi Tazawa and possibly Daniel Bard if he can bounceback from a disastrous season. The Pirates will pair Melancon and Grilli with Jared Hughes and Tony Watson, though they could also seek additional relief help on the free agent market.

ESPNBoston.com's Gordon Edes first reported that the two sides were nearing an agreement while ESPN's Jim Bowden reported the agreement (on Twitter). Jon Heyman of CBSSports.com, John Tomase of the Boston Herald, MLB.com's Evan Drellich, MLB.com's Peter Gammons, and Ken Rosenthal of FOX Sports all added details on Twitter. Mike Axisa contributed to this post. Photo courtesy of USA Today Sports Images.

AL East Notes: Yankees, Red Sox, Hanrahan

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Right-hander Derek Lowe wasn't off to a great start in 2012 but managed to finish out the year strong with the Yankees after signing in August.  The veteran posted a 5.52 ERA with 3.1 K/9 and 3.4 BB/9 in 21 starts for the Indians but had a 3.04 ERA with 5.3 K/9 and 2.3 BB/9 in pinstripes as a reliever.  However, as we learned earlier today, he's still looking for an opportunity to start.  Here's more out on the Yanks and the rest of the AL East..

  • The Yankees may be a team in transition, but Richard Justice of MLB.com refuses to count them out in 2013.  For the Bombers to win, however, they'll need a right-handed hitting outfielder to balance their three left-handed hitting outfielders. They also need the newly-acquired Kevin Youkilis, who was signed to fill-in for Alex Rodriguez while he recovers from hip surgery, to stay healthy.
  • The Red Sox's trade for Joel Hanrahan could signal that the front office believes that they can contend next season, writes Alex Speier of WEEI.com.  If the deal is built around a player other than Hanrahan who can be controlled for multiple years, then that may not be the exact case. But if Hanrahan is the true centerpiece of the swap and the other player is more of a complementary piece, then it could mean that Boston expects to win next year.
  • The Red Sox won't be announcing any of their pending moves over the next couple of days, according to Peter Abraham of the Boston Globe (on Twitter).  That would presumably pertain to the aforementioned Hanrahan trade and the delayed Mike Napoli deal.

Reactions To The Nick Swisher Signing

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Earlier today, we learned the Indians agreed to sign Nick Swisher to a four-year, $56MM deal, which is the largest free agent contract (in total value) in franchise history, according to ESPN (via Twitter). Here are the reactions to the Indians' big splash into the free agent pool:

  • Yankees GM Brian Cashman had kind words for Swisher, as tweeted by Mark Feinsand of the New York Daily News, "He was great for us. We’ll miss him, but I’m happy for him. I think Cleveland got a bargain."
  • The Swisher move is stunning but it reflects a willingness on the part of ownership to spend (signing Swisher and Mark Reynolds) and make bold moves (the Shin-Soo Choo trade and the hiring of Terry Francona), writes the Cleveland Plain Dealer's Terry Pluto. 
  • Jon Heyman of CBSSports.com (on Twitter) has yet to identify one other team on Swisher's free agent "tour" of prospective suitors.  Heyman adds that it's possible that there were other teams in the hunt, but it's a mystery as to who they could be.
  • Swisher and Jayson Werth have comparable regular season stats, but Werth got $70MM more in part because of his October play and defensive ability, Heyman tweets.
  • The Indians considered all of their free agent pursuits to be longshots, but the fact that Swisher is from Parkersburg, West Virginia and went to Ohio State helped to lure him to Cleveland, Ken Rosenthal tweets.  Manager Terry Francona's pitch also factored in for the veteran.
  • While the Indians’ decision to sign Swisher while entertaining trades for right-hander Justin Masterson, closer Chris Perez, and others seems curious, the club has an explanation, Rosenthal writes.  The Tribe is trying to thread the needle and improve the team both short- and long-term.
  • The Red Sox valued the second round draft pick they would have had to forfeit by signing Swisher more than Swisher himself given the new spending restrictions on draft choices, according to Brian MacPherson of the Providence Journal. With that in mind, MacPherson wonders, in a second piece, if the Red Sox erred in not tendering a qualifying offer to Cody Ross. 
  • Swisher's deal is a bit startling in terms of free agent prices and makes B.J. Upton's $15MM/year agreement with Braves look better, opines the Atlanta Journal-Constitution's David O'Brien (Twitter links).  
  • Paul Hoynes of the Cleveland Plain Dealer puts the Swisher contract into historical context by listing the Tribe's five best and five worst free agent signings.

Edward Creech contributed to this post.

Cafardo On Smoak, Orioles, Myers, Twins

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A good catcher can take a pitching staff to the next level, and that's why David Ross might be the Red Sox's top addition this year, writes Nick Cafardo of the Boston Globe.  A catcher like Ross can throw out a runner, block a ball at an opportune time, and get a pitcher straightened out if he’s lost his composure.  In that regard, Ross could give Boston what they missed last season following Jason Varitek's retirement.  Here's more from Cafardo..

  • According to a major league source, the Orioles are said to have some interest in Mariners first baseman Justin Smoak.  Seattle can afford to part with Smoak after acquiring Kendrys Morales from the Angels.  The O's also have been linked to Adam LaRoche, but they are hesitant to give up a draft pick to sign him.
  • While the Twins already have acquired Vance Worley in the Ben Revere deal with the Phillies, and have signed Kevin Correia, Mike Pelfrey, and Rich Harden, they could still explore a signing of Brett Myers.  We last heard of Minnesota's interest in Myers roughly three weeks ago.  The right-hander should also garner interest from the Padres. 
  • Lance Berkman would be a nice fit for the Red Sox if his right knee is okay after two knee surgeries last season. The Sox have been looking for a left handed-hitting first baseman/outfielder and the 36-year-old switch-hitter would fit the bill. 

News & Reactions Following The Cody Ross Signing

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The Diamondbacks signed Cody Ross to a three-year, $26MM contract earlier today, and GM Kevin Towers told reporters (including MLB.com's Steve Gilbert) the two sides didn't start talking until this past Monday (Twitter link). Arizona is already working to move one of their extra outfielders in the wake of the signing. Here are some notes and reactions to the deal…

  • Nick Piecoro of The Arizona Republic has the contract breakdown (on Twitter). Ross will earn $5MM in 2013, $8.5MM in both 2014 and 2015, and a $3MM signing bonus. The $9.5MM club option has a $1MM buyout.
  • Towers told Gilbert and others that his phone "blew up" with teams calling about his spare outfielders today (all Twitter links). Ownership has given him the okay to open the season with all of their current outfielders, which would mean an Opening Day payroll in the $95MM range.
  • Ross told reporters (including Gilbert) that he did not take give the Red Sox a chance to match Arizona's offer (Twitter link). He told the D'Backs he would not shop it around.
  • Jason Kubel is much more likely to be traded than Justin Upton, says Jon Heyman of CBSSports.com (on Twitter). ESPN's Buster Olney speculates that the Rangers, Yankees, Mariners, and Rays could be fits for Kubel (all Twitter links).
  • Diamondbacks GM Kevin Towers said he wanted to find more playing time for Gerardo Parra earlier this offseason, and Piecoro points out that the Ross addition complicates that plan even if they make a trade (Twitter link).
  • Adam Rubin of ESPN New York asked Scott Hairston if he's any closer to signing following the Ross deal, and the free agent outfielder said it's still unclear (Twitter link).

Olney On Saunders, Hairston, Hanrahan, Howell

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In today's column, Buster Olney of ESPN.com (Insider sub. req'd) looks at the best second-tier and third-tier free agents remaining.  Here's a look at the highlights..

  • Joe Saunders is receiving interest from four clubs and the Orioles have ramped up their efforts to retain him.  It seems Saunders would be in position to get more than the two-year, $15MM deal signed by Joe Blanton.
  • Scott Hairston is looking for a significant raise over the $1.1MM he earned last season and he might wind up being too rich for the Mets' blood.  Jonny Gomes is a similar player and got $10MM over two years from the Red Sox.
  • Some teams see the significant increase in walks allowed last season by Joel Hanrahan as a red flag.  After posting a 2.1 BB/9 rate in 2011, Hanrahan jumped to 5.4 in 2012.  There is also some concern among rival evaluators that his diminished control is a sign of an arm issue.  Hanrahan would argue that the control problems may have stemmed from the inconsistent save chances that a Bucs closer gets.
  • Free agent reliever J.P. Howell should sign soon, perhaps with the Nationals.  Other interested clubs include the Phillies, Cubs, Mariners, and Rangers.
  • Travis Hafner would be a classic make-good guy to bring to spring training, but he won't fit all rosters because he can't play a position.
  • Executives have reservations about Lance Berkman, including his health, overall shape, and motivation to play.
  • Some have said that the Cubs overpaid for Edwin Jackson ($52MM over four years), but new financial restraints in the draft and international market have forced clubs to pay more.  In short, the Cubs basically paid the going rate for a 29-year-old healthy pitcher of his caliber.

Outrighted To Triple-A: Miller, Beato, Nunez, Pearce

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The latest outright assignments from around MLB…

  • The Astros outrighted infielder Brandon Laird and outfielder Che-Hsuan Lin to Triple-A after the players cleared waivers, Brian McTaggart of MLB.com reports (on Twitter).
  • The Yankees announced that they outrighted right-hander Jim Miller to Triple-A. They had designated him for assignment two days ago to create 40-man roster space for Ichiro Suzuki.
  • The Red Sox outrighted Pedro Beato to Triple-A after he cleared waivers, Brian MacPherson of the Providence Journal reports (on Twitter). The Red Sox designated the right-hander for assignment two days ago to create roster space for Ryan Dempster. 
  • The Diamondbacks outrighted shortstop Gustavo Nunez to Detroit's Triple-A affiliate, the Tigers announced. Nunez, a 2011 Rule 5 Draft selection, spent the 2012 season on the Pirates' disabled list recovering from right ankle surgery. The Diamondbacks claimed him off of waivers from Pittsburgh on October 26th before returning him to Detroit today. 
  • The Orioles announced that they outrighted outfielder Steve Pearce to Triple-A. The club now has one open 40-man roster spot.
  • The Cubs announced that they outrighted Gerardo Concepcion to Class A Kane County after the left-hander cleared waivers. Chicago's 40-man roster now includes 39 players.
  • The Blue Jays announced that they outrighted right-hander Mickey Storey to Triple-A Buffalo. Toronto had claimed Storey off of waivers earlier in the week.

Latest On Red Sox, Mike Napoli

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The Red Sox agreed to sign Mike Napoli to a three-year, $39MM contract more than two weeks ago, but the deal hasn’t yet been announced. As questions surrounding the agreement continue to mount, Ken Rosenthal of FOX Sports reports that Napoli has a problem with one of his hips that led to diminished interest from the Mariners.

However, if Red Sox officials thought the condition was serious, they would probably have backed out by now in Rosenthal’s view. Red Sox GM Ben Cherington has said the sides are “working through some issues.” Rosenthal suggests this means issues arose during Napoli’s physical and the Red Sox are trying to re-work his contract. The Red Sox could look to reduce the term of the deal or they could push for protective language, as they have done in the past with players such as J.D. Drew. 

A person connected to the MLBPA told Rosenthal that the union considers the team’s concern justifiable. Paragon Sports International represents Napoli.

AL East Notes: Red Sox, Saltalamacchia, Yankees

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News out of the American League East..

Quick Hits: Blue Jays, Marlins, Ethier

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Now that we’re midway through the 2012-13 offseason, Jayson Stark of ESPN.com checks in with executives, statistical analysts and oddsmakers to take a look at the teams that have improved themselves the most this winter. Not surprisingly, the Blue Jays are a popular choice for most improved team. Here are some more links from around MLB…

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