Orioles Acquire Andrew Miller
The Orioles have issued an announcement of the 1-for-1 swap of lefties. Baltimore will acquire Red Sox reliever Andrew Miller, as Jerry Crasnick of ESPN.com first reported (via Twitter).
In return, Boston has picked up left-handed pitching prospect Eduardo Rodriguez, per a tweet from Roch Kubatko of MASNsports.com. Sean McAdam of CSNNE.com (via Twitter) first reported that a young arm was included in the deal.
Rodriguez represents a significant return for Boston on Miller, who emerged as the most sought-after left-handed reliever but is set to reach free agency at year’s end. He had been nothing short of dominant this year, posting 14.7 K/9 against 2.8 BB/9 and generating a 52.5% groundball rate.
Miller’s excellent 2.34 ERA is actually higher than advanced metrics would suggest, as Miller owns lower marks per ERA estimators such as FIP (1.69), xFIP (1.76) and SIERA (1.42). Miller has held down both lefties (.420 OPS) and righties (.537 OPS) on the year.
Rodriguez came into the year as Baltimore’s 3rd-best overall prospect, per Baseball America. The 21-year-old has not taken a step forward at Double-A, however, as he owns a 4.79 ERA with 7.5 K/9 against 3.2 BB/9 through 82 2/3 innings on the year. Though he profiles more as a middle-of-the-rotation arm, Rodriguez had been on a fast track to the big leagues and still has plenty of value.
A’s Acquire Lester, Gomes; Cespedes To Boston
2:12pm: The A’s are paying $650K of Cespedes’ salary but are getting back $1.8MM from the Red Sox for Lester’s salary, tweets Susan Slusser of the San Francisco Chronicle.
11:35am: The teams have announced the trade. Nightengale tweets the exact figure that will be heading to Oakland: $650K.
10:09am: Dave Cameron of Fangraphs reports another wrinkle in the trade: Cespedes’ contract calls for him to be non-tendered at the end of his deal (if he is not first extended) in order to assure him early free agency, and he therefore is ineligible to receive a qualifying offer following the 2015 season (Twitter links).
9:14am: The Red Sox are sending under $1MM to the A’s in the trade, tweets Bob Nightengale of USA Today. Meanwhile, J.J. Cooper of Baseball America tweets that the value of the Competitive Balance pick that Boston receives will be roughly $800K.
8:54am: Passan tweets that Oakland is also sending a competitive balance draft pick to the Red Sox in the trade, and Boston is sending cash to Oakland. The A’s landed the second pick in Comp Round B in last week’s lottery.
8:49am: The Athletics have acquired Jon Lester and Jonny Gomes from the Red Sox in exchange for outfielder Yoenis Cespedes, according to Alex Speier of WEEI.com (Twitter links). Jeff Passan of Yahoo Sports first reported that Lester had been traded to an unknown club, while Gordon Edes of ESPNBoston.com first connected the A’s and Lester earlier this week.
The addition of Lester will give Oakland an incredibly formidable rotation for the balance of the regular season, but perhaps more importantly, in the playoffs. Lester, who has posted a 2.52 ERA with 9.4 K/9, 2.0 BB/9 and a 43.2 percent ground-ball rate, will join fellow trade acquisition Jeff Samardzija, free agent signing Scott Kazmir and homegrown star Sonny Gray atop Oakland’s rotation.
It’s possible that the struggles of Jason Hammel, acquired from the Cubs along with Samardzija back on July 4, prompted A’s GM Billy Beane to aggressively pursue another sizable rotation upgrade. While the loss of Cespedes will hurt Oakland’s lineup, the team can afford to part with some offense; the A’s rank first in the Majors in runs scored, sixth in on-base percentage and eighth in slugging percentage. Gomes won’t replace Cespedes’ power or his .256/.303/.464 batting line, but he’s a formidable opponent against lefties, having slashed .302/.400/.431 against southpaws in 2014 and .279/.379/.495 in his career.
Cespedes will bring the Red Sox a much-needed outfield bat, though he’s only under team control through the 2015 season due to a clause in his contract that allows him to forgo arbitration and hit the free agent market after his initial four-year term. He’s slated to earn $10.5MM next season — the same sum that he is owed in 2014. John Shea of the San Francisco Chronicle tweets that Cespedes recently voiced a disinterest in playing center field with the A’s, but he did so through a teammate rather than by approaching manager Bob Melvin directly, which likely didn’t sit well with the team (Twitter links).
The pair of blockbuster trades by Beane signifies a clear “all-in” philosophy on the 2014 season. Oakland has traded its best prospect (Addison Russell), a 2013 first-round pick (Billy McKinney) and one of its most dangerous bats (Cespedes) in an attempt at the most dominant pitching staff it can muster for the playoffs. There will be no compensation if (or, perhaps more appropriately given his likely price tag — when) Lester departs as a free agent, as baseball’s collective bargaining agreement prohibits players who did not spend the entire regular season on one team from receiving qualifying offers.
For the Red Sox, who hope to re-sign Lester as a free agent this offseason, this trade at least gives them a chance, perhaps a slight one, to have Lester and Cespedes on the same team in 2015 when the club takes another shot at contending. Beyond that, the addition of a draft pick is an interesting wrinkle, as it allows Boston to enjoy the best of both worlds, in a way. GM Ben Cherington could have kept Lester and extended a qualifying offer in hopes of recouping a draft pick if Lester signed elsewhere in free agency. Now, the Sox will get a bonus pick regardless (albeit a slightly later one), and they also are guaranteed a middle-of-the-order bat for the 2015 season. It wouldn’t be surprising to see Boston engage Cespedes in extension talks either, though that is nothing more than my own speculation at this juncture.
Photos courtesy of USA Today Sports Images.
Cardinals Acquire Lackey; Kelly, Craig To Boston
In their second blockbuster trade of the day, the Red Sox sent veteran starting pitcher John Lackey to the Cardinals along with minor leaguer Corey Littrell and about $1.75MM in cash in exchange for young starter Joe Kelly and outfielder/first baseman Allen Craig. The deal is now official. The Red Sox continue to focus on players that can help them win in the near future, having traded Jon Lester and Jonny Gomes for Yoenis Cespedes earlier today. The Cardinals further bolster their rotation, having acquired Justin Masterson from the Indians yesterday.
Lackey, 35, has a 3.60 ERA, 7.6 K/9, 2.1 BB/9, 0.98 HR/9, and 46.9% groundball rate in 137 1/3 innings this year. His 2014 numbers closely resemble his work last year, a resurgent season after his 2011 campaign culminated in Tommy John surgery and he missed all of 2012. A second round draft pick in 1999, Lackey spent the early part of his career as a front of the rotation workhorse for the Angels.
Lackey joins Adam Wainwright and Lance Lynn at the front of a St. Louis rotation that suffered several blows this year. Jaime Garcia is out for the season after rib surgery this month, while Michael Wacha will return in September in the best case scenario as he recovers from a stress reaction in his pitching shoulder. In addition, the Cards received unspectacular work from Shelby Miller and Joe Kelly. Masterson is due back soon from a DL stint for knee inflammation, and hopes to put this year’s struggles behind him before reaching free agency. The Cardinals are currently in third place and 2.5 games out in the NL Central, and one game out in the Wild Card.
The Cardinals also receive Littrell, a 22-year-old starter in High-A ball who was drafted in the fifth round last year out of the University of Kentucky. He owns a 3.60 ERA, 8.2 K/9, 3.4 BB/9, and 0.72 HR/9 in 100 frames this year. Littrell did not rank among the Cardinals’ top 30 prospects prior to the season in the eyes of Baseball America, though BA ranked the team’s farm system seventh overall.
Kelly, 26, posted a 4.37 ERA, 6.4 K/9, 2.6 BB/9, 0.77 HR/9, and 54.3% groundball rate in 35 innings for the Cardinals this year. He won the team’s fifth starter job out of spring training, but injured his hamstring in mid-April and missed nearly three months. Kelly will have two years and 116 days of Major League service after 2014, meaning he’ll likely miss Super Two status and won’t become arbitration eligible until after the 2015 season. He’s under team control through 2018. Kelly boasts an average fastball velocity near 95 miles per hour, a 3.25 career ERA, and 29 1/3 innings of postseason experience, but his peripheral stats don’t quite match up.
Craig, 30, has slumped to a .237/.291/.346 line in 398 plate appearances this year. He hit .306/.358/.492 in 1,420 plate appearances prior to 2014, suggesting he could bounce back for Boston. Craig signed a five-year, $31MM deal with the Cardinals in March 2013, of which about $26.4MM remains through 2017. The deal also includes a club option for 2018. Craig has appeared at first base and the outfield corners in his career, though he’s generally regarded as a below-average defensive outfielder. The Red Sox have designated hitter David Ortiz potentially through 2017, though first baseman Mike Napoli and outfielders Yoenis Cespedes and Shane Victorino are signed only through 2015.
The 2011 Tommy John procedure plays a large role in Lackey’s trade value. When the Red Sox signed Lackey to a five-year free agent deal in December 2009, concerns over his elbow led to a clause creating a club option for the league-minimum salary for 2015, which was triggered with the Tommy John procedure. That means playing for little more than $500K next year after earning more than 30 times that much in each of the previous four seasons. Lackey has told the Cardinals he plans to honor the club option, tweets Ken Rosenthal of FOX Sports.
This season, Lackey has a bit over $5MM in salary remaining, plus a $500K assignment bonus for being dealt. He had been scheduled to start tomorrow in Boston as the Red Sox kick off a three-game set against the Yankees.
Gordon Edes of ESPNBoston.com first reported the Red Sox were close to trading Lackey to the Cardinals or Dodgers. Jon Heyman of CBS Sports first identified the Cardinals. Peter Gammons of MLB Network first named Joe Kelly and Allen Craig as part of the deal. WEEI’s Alex Speier first named Corey Littrell as part of the deal, while Yahoo’s Jeff Passan was first to report the cash involved. Photo courtesy of USA Today Sports Images.
Latest On Andrew Miller: Tigers, Braves Out Of Pursuit
1:57pm: The Braves are also out on Miller, per Ken Rosenthal of FOX Sports (via Twitter).
1:23pm: The Tigers are not going to land Miller, tweets ESPNBoston.com’s Gordon Edes.
12:18pm: The Tigers are getting close on a deal to acquire Red Sox lefty Andrew Miller, reports Jon Morosi of FOX Sports (via Twitter). Originally drafted by Detroit, Miller was part of the trade that brought Miguel Cabrera to the Tigers.
Miller has made fairly significant leaps in performance over each of the past two years, settling into a pen role. In 2014, he has been among the most dominant relievers in baseball, striking out 14.7 batters per nine while walking just 2.8.
Detroit, of course, has already made quite a significant bullpen addition by adding Joakim Soria. But the club has also received suboptimal production from its southpaw pieces (Ian Krol and Phil Coke, primarily), seemingly leading to the interest in Miller. Of course, the club had an excellent left-hander in the pen in Drew Smyly, but moved him to the rotation as part of the team’s offseason reshuffling (which, of course, included dealing away Doug Fister for a return that included Krol and signing closer Joe Nathan).
Though it would be foolhardy to predict a hypothetical return, Miller is expected to draw fairly significant value given his dominance, though he is a free agent at the end of the year. The sides have previously discussed righty Austin Kubitza in a Miller deal, Morosi tweets, though it is not known if he is still part of the conversation. Kubitza is rated as Detroit’s 7th-overall prospect by MLB.com.
Andrew Miller Draws Big Interest; Tigers Making Push
Boston’s Andrew Miller has been the most talked-about left-handed relief option on the trade market, and with good reason. The impending free agent has pitched to a 2.34 ERA with dazzling secondary stats: 14.7 K/9, 2.8 BB/9 and a 52.5 percent ground-ball rate. ERA estimators such as FIP (1.69), xFIP (1.76) and SIERA (1.42) feel that Miller has been even better than that 2.34 mark, and he’s dominated both lefties (.420 OPS) and righties (.537 OPS) this season.
Here’s the latest …
- The Tigers are “making a big push” on Miller, tweets ESPN.com’s Jerry Crasnick.
- There is some internal resistance to moving Miller, tweets Gordon Edes of ESPNBoston.com. If that is the case, Edes wonders whether the club would instead consider dealing closer Koji Uehara.
- Another club that is a possible landing spot at this point is the Pirates, tweets McAdam.
- The Orioles are also in on Miller, tweets Joel Sherman of the New York Post.
- Boston expects to deal Miller by this afternoon, tweets Sean McAdam of CSNNE.com. Offers are rising with strong interest from many clubs, he adds.
- The Tigers have strong interest in acquiring Miller to bolster their bullpen for a potential postseason matchup with the A’s or Angels, tweets Bruce Levine of WSCR-AM/670 The Score.
- The Red Sox are being “swarmed” with offers for Miller, tweets Bob Nightengale of USA Today. Needless to say, the club has kept its asking price high in light of the demand. A rival executive tells Nightengale that Miller is holding up the rest of the market.
Earlier Updates
- Jon Lester helped the Red Sox out last week by publicly stating that he’d be willing to re-sign with Boston if traded, and it appears that Boston thinks the same scenario could play out with lefty reliever Andrew Miller. Scott Lauber of the Boston Herald spoke to a source (Twitter link) who told him that the Sox “believe they have built up enough good will that [Miller would] consider coming back as free agent.”
- Miller has drawn interest from the Braves, Royals, Dodgers and Pirates, but the asking price is said to be very high. The Sox are reportedly seeking a rival team’s top prospect and a lesser prospect in order to move their dominant setup man. Earning just $1.9MM in 2014, Miller is owed only $633K through season’s end.
Cardinals Close To Deal For Lackey
11:35am: The Cardinals are getting Lackey, tweets Jon Heyman of CBS Sports.
11:26am: The Red Sox are close to trading John Lackey to the Cardinals or Dodgers, tweets Gordon Edes of ESPNBoston.com.
John Lackey Rumors: Thursday
Yesterday we learned there’s a “very good chance” that the Red Sox will trade right-hander John Lackey in advance of this afternoon’s non-waiver trade deadline. The Royals, Indians, and Dodgers have been linked to the right-hander, while the Angels and Brewers are reportedly not pursuing him. The Marlins were also linked to Lackey, though reports on the likelihood of that deal vary from “zero chance” to the two sides still discussing potential deals. Here’s the latest Lackey buzz as the deadline looms…
- The Red Sox are still working to trade Lackey, tweets Peter Abraham of the Boston Globe, with a source giving a 70% chance he’s dealt today.
Earlier Updates
- The Pirates were known to have interest in Jon Lester before he was traded to Oakland, but prior to that trade today Nick Cafardo of the Boston Globe said the Bucs were in on Lackey as well. Cafardo also weighed in on previous interest from San Francisco, writing, “The Giants, who acquired [Jake] Peavy last weekend, were also in the hunt for another arm, and Lackey was also mentioned.”
Latest On Royals’ Pitching Search
We took a look yesterday at the Royals’ search for an outfielder. Kansas City has also been mentioned alongside several starting pitchers in recent days, including A.J. Burnett, Bartolo Colon, and John Lackey. (MLBTR links.) Here’s the latest:
- The Royals have asked the Rockies about Jorge De La Rosa, tweets Jon Morosi of FOX Sports. De La Rosa spent a few years with Kansas City before they dealt him to Colorado to complete the Ramon Ramirez deal in 2008. Earlier this month, Rockies owner Dick Monfort told Patrick Saunders of the Denver Post the team aimed to do everything they can to keep De La Rosa, who is eligible for free agency after the season.
- The Royals are talking with the Phillies about A.J. Burnett, but nothing is close, tweets Rosenthal. With bats in scarce supply, Kansas City is still exploring the pitching market, Andy McCullough of the Kansas City Star adds on Twitter.
Yesterday’s Updates
- The Royals are in on Ian Kennedy of the Padres, along with the Pirates and Marlins (and still others), tweets Ken Rosenthal of FOX Sports. Of course, as Rosenthal notes, it is not clear that San Diego will deal away Kennedy.
- Boston is looking for power pitching in return for Lackey, but K.C. places a high value on its young arms, tweets McCullough.
- The Royals have indeed inquired on Colon, but got the sense that New York did not intend to move him, tweets McCullough.
- The Phillies have had recent discussions with the Royals about Burnett as well as Antonio Bastardo, reports Jim Salisbury of CSNPhilly.com. As for Colon, his market is not developing with any clubs, let alone the Royals, tweets Jayson Stark of ESPN.com.
- As of earlier this morning, the Royals were unwilling to meet the Red Sox‘ asking price on Lackey, tweets Jon Morosi of FOX Sports. Kansas City remains interested if the price comes down, adds Andy McCullough of the Kansas City Star (via Twitter).
- While the team is looking into adding a starter (and/or an outfielder or reliever), McCullough tweets, GM Dayton Moore says he is still counting on internal production to drive results.
Athletics “Appear To Have Deal” For Lester
Red Sox ace Jon Lester has been traded, Jeff Passan of Yahoo Sports reports (Twitter link). The A’s appear to have a deal for Lester, tweets Jon Heyman of CBS Sports. WEEI’s Alex Speier adds that he’s trying to confirm, but he hears Lester and Jonny Gomes might be traded for Yoenis Cespedes.
Jon Lester Rumors: Thursday
As of late last night, the Pirates and the Cardinals were said to be the two teams most aggressively pursuing Jon Lester, who was scratched from Wednesday’s scheduled start. At one point yesterday, the Orioles looked close to a deal, but conflicting reports emerged on the severity of those negotiations. Regardless, Baltimore does seem to be in the mix, and a late-to-the-party mystery team was revealed to be the Athletics. We’ll keep track of the final stages of the Lester sweepstakes in this post…
- Talks with the Orioles fizzled yesterday in part due to a season-ending elbow injury to Hunter Harvey (one of Baltimore’s top pitching prospects), writes Andy Martino of the New York Daily News. With Harvey sidelined, the O’s became even more hesitant to deal from their crop of top arms.
Earlier Updates
- Hall of Fame reporter Peter Gammons tells WEEI’s John Dennis and Gerry Callahan that the Dodgers aren’t in the mix to acquire Lester at this point (Twitter link).