Jake Peavy Rumors: Wednesday
Yesterday we learned that the Cardinals and Red Sox may have emerged as two potential destinations for Jake Peavy, who could be the top name on the trade market now that the Rangers have acquired Matt Garza. Speaking to reporters this week, the righty speculated that the completed Garza deal may trigger more trades. “Just thinking about leverage and stuff, you think Garza is probably the biggest name out there so to speak,” Peavy said. “You would think other teams would wait until that to set the market and kind of happen before." On to today's Peavy rumors:
- An industry source tells Alex Speier of WEEI.com that Middlebrooks hasn't been discussed with the White Sox in "any context."
- Will Middlebrooks has been mentioned in trade talks with the Red Sox, sources tell Scott Merkin of MLB.com. The 24-year-old would fill a need moving for the White Sox as an impact type player to help fill out the infield.
- While many have opined that the White Sox should be eager to trade Peavy, teams tell ESPN's Buster Olney (Twitter link) that the Sox have yet to decide whether they want to keep him for 2014. The White Sox have exchanged trade proposals, but the price is high.
- The A's could be a dark horse candidate in Peavy discussions, CBSSports.com's Jon Heyman reports. Though the A's have a stocked starting rotation, they had a scout at Peavy's first start back from the disabled list and were involved in talks for Garza "at the 11th hour" before he was shipped to Texas, Heyman adds. According to sources, Billy Beane says he'd prefer to try to boost his team with a very good starting pitcher rather than a mediocre hitter, regardless of what the team's needs are. If they do pull off a trade for the veteran, top prospect Sonny Gray or Brett Anderson, who is nearly ready to return from the DL, could shift to the bullpen.
AL East Notes: A-Rod, Guerrieri, Red Sox, Dickerson
The Alex Rodriguez saga took another strange turn today when the third baseman's handpicked doctor told Mike Francesca of WFAN that the third baseman doesn't have a quad strain and should be able to play, writes Jon Heyman of CBSSports.com. Later in the day, Yankees GM Brian Cashman responded in a press release, saying, "Contrary to the Basic Agreement, Mr. Rodriguez did not notify us at any time that he was seeking a second opinion from any doctor with regard to his quad strain. As you know, it is the Yankees’ desire to have Alex return to the lineup as soon as possible. And we have done everything to try and accomplish this." Here's more out of the AL East..
- Rays pitching prospect Taylor Guerrieri underwent Tommy John surgery today, Marc Topkin of the Tampa Bay Times reports. Drafted 24th overall by the Rays in 2011, Guerrieri is ranked as the 64th prospect in baseball by Baseball America. ESPN.com's Keith Law ranks him 47th, while Jonathan Mayo of MLB.com has him at No. 44. In 67 innings this year for the Rays' Class A affiliate, the right-hander had compiled a 2.01 ERA with 6.9 K/9 and 1.6 BB/9.
- Red Sox CEO Larry Lucchino says his team has an obligation to be active at the trade deadline, but that doesn't mean a deal is a certainty, Brian MacPherson of the Providence Journal tweets. While the Sox have been a popular name in trade speculation and have been connected with arms such as the White Sox's Jake Peavy and the Royals' Luke Hochevar, the executive cautions that the team isn't "just building for one year." "There's going to have to be a pretty good deal to extract some of these high-quality prospects we have," Lucchino said (link).
- The Orioles are getting lots of interest in Chris Dickerson and we can expect to see him in the majors somewhere in the next few days, tweets Britt Ghiroli of MLB.com. The O's designated the outfielder for assignment last week.
Aaron Steen contributed to this post.
Red Sox Extend Dustin Pedroia
The Red Sox have secured the face of their franchise through the 2021 season. The team today officially announced the signing of second baseman Dustin Pedroia to an eight-year extension that will take effect in 2014. Pedroia, who is represented by ACES, will reportedly receive $110MM over the life of the contract.
Prior to this agreement, Pedroia was on a contract that paid him $10MM in 2013 and 2014 with a team-friendly club option for $11MM in 2015. The fresh contract will start in 2014 and slightly increase his salary next season but provide the Red Sox with an average annual value of less than $14MM for the four-time All-Star and 2008 American League MVP. In essence, he is receiving seven additional years and $100MM in new money.
Pedroia will reportedly receive a $1MM signing bonus before earning $12.5MM in 2014-15, $13MM in 2016, $15MM in 2017, $16MM in 2018, $15MM in 2019, $13MM in 2020 and $12MM in 2021. The contract also contains some deferred money and a full no-trade clause.
We learned late last week that the Red Sox had begun talks with the soon-to-be 30-year-old on an extension. It’s possible that the Red Sox were motivated by Robinson Cano‘s impending free agency to lock up their own standout second baseman. A colossal deal for the Yankees star would ostensibly raise the bar for players at that position.
In 449 plate appearances this season, Pedroia is slashing .308/.385/.422 with six home runs. For his career, the four-time All-Star owns a career slash line of .303/.371/.457. In addition to his bat, Pedroia delivers plenty of value with his glove, as he’s consistently among the best fielding second basemen in the game. Ultimate Zone Rating suggests that Pedroia saves 9.5 runs per 150 games played, while The Fielding Bible feels that he’s been 74 runs above average over the course of 8192 1/3 innings at second base. To date, Fangraphs pegs Pedroia’s value at 32.3 wins above replacement, while Baseball-Reference values his on-field contributions at 36.2 WAR.
Pedroia’s contract tops the previous deals signed by superstar second baseman such as Chase Utley, Ian Kinsler and Brandon Phillips (also an ACES client). By signing this deal, Pedroia will become the first second baseman to receive a contract of $100MM or more. The new pact represents the first significant contract extension by Ben Cherington since becoming Boston’s general manager, though Cherington did work out a two-year deal to avoid arbitration with left-hander Craig Breslow.
Rob Bradford of WEEI.com was the first to report the extension and the full no-trade protection (Twitter links). WEEI.com’s Alex Speier provided the year-to-year breakdown of Pedroia’s contract (on Twitter).
Photo courtesy of USA Today Sports Images.
Steve Adams contributed to this post.
White Sox Notes: Ramirez, Peavy, Crain
8:04am: Jon Heyman of CBS Sports tweets that the White Sox did not turn down Martinez for Ramirez, though he wouldn't be surprised if the Cardinals are indeed interested in Chicago's shortstop.
12:29am: The White Sox have as many trade chips as any deadline seller in the majors and they're putting a high price tag on their key players. According to Mark Gonzales of the Chicago Tribune, the Sox recently turned down a trade offer from the Cardinals that would have sent shortstop Alexei Ramirez to St. Louis in exchange for right-hander Carlos Martinez, one of the many elite prospects in the Cards' minor league system. Gonzales said the deal was "involving" those two players, so it was likely not a one-for-one swap.
The Cardinals had been relying on Pete Kozma at short ever since Rafael Furcal underwent Tommy John surgery in March, and while Ramirez's production has dropped, he still would've presented a big upgrade. Ramirez entered Tuesday's play hitting .284/.310/.357 in 408 PA but only one homer and 23 RBI. Ramirez averaged 17 homers per year from 2008-11 but has just 10 homers total over 1029 PA in 2012-13. While his power isn't what it used to be, Ramirez has 20 steals (in 26 chances) this year and is one of the game's better defensive shortstops, with an 8.5 UZR/150 this season and a 7.7 UZR/150 for his career.
Ramirez still has value, but he turns 32 in September and is owed roughly $22MM through the end of the 2015 season, plus a $10MM club option for 2016 that can be bought out for $1MM. By that token it's surprising that the White Sox weren't willing to move the veteran for Martinez, a consensus top-40 prospect controlled through the 2019 season, though as noted, there may have been more to this trade than simply Ramirez for Martinez straight-up.
The 21-year-old Martinez was ranked as the third-best prospect in the St. Louis farm system by Baseball America, and he possesses "a biting curveball" and a changeup and could both become plus pitches. His fastball has touched 100 mph but usually clocks in the 94-98 mph range. Martinez made his Major League debut this season and has 11 strikeouts in 10 1/3 relief innings. His 6.10 ERA is largely due to a tough outing last Friday when he allowed three runs in a third of an inning against San Diego.
Also from Gonzales, Jake Peavy and Jesse Crain are drawing a lot of interest and scouts from the Diamondbacks, Reds, Braves, Red Sox and Dodgers are expected to be in Chicago through the end of the week to watch one or both men pitch. Peavy just recently returned from a DL stint while Crain is currently on the DL with a sprained right shoulder but could be activated by Sunday.
Stark’s Latest: Brewers, Ruggiano, Young, Storen
ESPN's Jayson Stark quotes a number of executives who feel the trade deadline has lost its luster since many teams have locked up their top young players, teams are reluctant to acquire rental players who carry no draft pick compensation as free agents, and the second wild card has narrowed the market of outright sellers to just a few teams. That said, Stark still has lots of hot stove items for us in his latest Rumblings & Grumblings column…
- Ryan Braun's suspension could drastically change the Brewers' perspective on trading some veteran stars. While Francisco Rodriguez was indeed traded just a day after Braun's suspension was announced, Stark hears that the Brewers are asking for a lot in deals. "One of the problems with dealing with Milwaukee is that [their] trade for [Jean] Segura last year was so one-sided that they want another tilted deal. Not going to happen," an AL executive said.
- The price for Kyle Lohse, for instance, involves the price of a first-round pick. The Crew gave up as first-rounder as compensation for signing Lohse as a free agent in the spring.
- Three scouts who have recently seen Yovani Gallardo say he's been pitching like a fourth or fifth starter. Gallardo in his prime was "close to an ace. [But] lots of pitches on that arm from then to now. He can really pitch, but his stuff [has gone] way back," one scout said. Gallardo has a 4.58 ERA and a career-worst 7.2 K/9 in 21 starts this season, plus he's lost two miles of velocity off his fastball.
- We'd heard that the Yankees and Rangers had checked in on Marlins outfielder Justin Ruggiano, and Stark adds the Phillies and Giants to the list of a half-dozen interested teams. The Marlins weren't too keen on dealing Ruggiano but he could be expendable now that Christian Yellich and Jake Marisnick have been called up.
- The Phillies' next five games "will determine Michael Young's fate more than anyone else on their roster," said one executive who has talked to the club. Young is seen as "pretty much a lock" to be dealt if the Phils struggle during their road trip through St. Louis and Detroit this week. The Phillies dropped a 4-1 result to the Cardinals last night.
- Jonathan Papelbon hasn't been made available by the Phillies but even if he was, one AL executive thinks Papelbon's contract makes him "practically untradable."
- Stark thinks the Phillies and Marlins are good trade partners on paper since the Phils could use Ruggiano or any of Miami's good relievers. The Marlins aren't willing to move anyone unless they get a great offer, however, and the Phillies aren't willing to move any of their top prospects to facilitate a deal.
- The Nationals could listen on a good offer for Drew Storen, the former first-round pick who is struggling through a tough year. The Nats are in a tough spot trade-wise, however, since the team is largely set at every position yet are still in need of hitting.
- Alex Rios' long slump has lowered his trade value and the White Sox will be hard-pressed to find a team to meet their asking price for the right fielder. The Rangers still have some interest in Rios, as they're looking for an outfielder that can be controlled beyond this season.
- The Red Sox are seen as very likely to add pitching before the deadline. Boston has been linked to Jake Peavy and were interested in Francisco Rodriguez before the Orioles got him.
- The Braves have targeted Oliver Perez and Charlie Furbush of the Mariners, Scott Downs of the Angels, Mike Dunn of the Marlins and James Russell of the Cubs in their search for left-handed relief pitching. While Atlanta has been looking at these names and others, however, Stark says the team isn't close to a deal.
- In regards to the Biogenesis scandal, Stark hears from an attorney who believes "virtually every case will be settled by a plea deal. You're going to see a lot of pleas. You're going to see a lot of deals."
Jake Peavy Rumors: Tuesday
Jake Peavy returned from the DL to throw a quality start against the Braves on Saturday, which helped to quell fears about his health and also reignited speculation that Peavy could be a trade candidate. Here's the latest on the White Sox right-hander…
- The Indians aren't a trade match for Peavy, CBS Sports' Jon Heyman tweets.
- The Cardinals and Red Sox "appear to be emerging as two of the potential players" for Peavy's services, Jon Heyman reports. We recently heard that Boston was preparing to scout Peavy, though the team's interest in him or any starter is likely dependent on Clay Buchholz's injury status. Heyman speculates that the Diamondbacks could be interested in Peavy given his relationship with GM Kevin Towers dating back to their days in the Padres organization. It was reported last week that the D'Backs had at least discussed Peavy as a possible target.
- Peavy told reporters (including Dan Hayes of CSN Chicago) that he kept an eye on the Matt Garza trade rumors since once Garza was moved, he could quite possibly be the next biggest pitcher available. “Just thinking about leverage and stuff, you think Garza is probably the biggest name out there so to speak,” Peavy said. “You would think other teams would wait until that to set the market and kind of happen before. That’s my mind, my general manager mind….We’ll see how the next few days plays out.”
- In comparing a possible Peavy trade to what the Rangers gave up to acquire Garza, Hayes hears from one source that "the Rangers were desperate and overpaid," while another source felt the Cubs got good prospects but no "slam dunk" future stars like Jurickson Profar. If you want to weigh in on the respective trade values of Garza and Peavy, vote now in yesterday's MLBTR Poll.
- Both Hayes and Paul Konerko note that White Sox GM Rick Hahn isn't pressured to deal Peavy or Alex Rios by the deadline as both players are under contract for 2014. “If you don’t like what you’re getting and you know there’s no rush, then you can just wait and maybe down the road you get something else,” Konerko said. “I think everybody thinks it has to happen…But when you look at it from really what it is, it really doesn’t. It could still, but it might not be the urgency that some people think.”
Red Sox Notes: Hochevar, K-Rod, Wilson, Workman
The biggest news of the day from Fenway Park is Dustin Pedroia's seven-year, $100MM extension with the Red Sox, and we already have heard a lot of reaction to the big contract. While locking up Pedroia is a major long-term move for the team, the Red Sox could make a move for their immediate future by adding a reliever before the trade deadline. Here's the latest…
- The Red Sox are interested in Royals reliever Luke Hochevar and have been scouting the right-hander, FOX Sports' Ken Rosenthal reports. The two teams haven't engaged in trade discussions, however, as the Royals aren't yet open to dealing their veterans. Hochevar, the first overall pick of the 2006 draft, has posted a 2.00 ERA, 9.5 K/9 and 3.8 K/BB ratio in 36 IP in his first season as a reliever. Hochevar is earning $4.56MM this year and will get an arbitration raise this winter, however, so he could be too expensive for the Royals to retain.
- The Sox had spoken to the Brewers about Francisco Rodriguez but thought Milwaukee's asking price was too high for a reliever who will be a free agent this winter, WEEI.com's Alex Speier reports. Boston will now have to deal with K-Rod in the AL East pennant race now that the veteran righty has been acquired by the Orioles.
- The Red Sox have no current interest in Brian Wilson, Scott Lauber of the Boston Herald reports (via Twitter). The former Giants closer will be showcasing his arm for teams within the next few weeks as he attempts to return from Tommy John surgery.
- Brandon Workman has pitched well as a stopgap starter for Boston but manager John Farrell admitted that even if the righty keeps performing, it wouldn't stop the club from pursuing starting pitching help if necessary. “[GM Ben Cherington] will be aggressive in a situation in a deal that makes sense for us,” Farrell told reporters, including Alex Speier. “I wouldn’t pin our assessment of the trade market on Brandon Workman. He’s not the linchpin to whether we make a trade or not.”
Dustin Pedroia’s Extension: Reaction & Analysis
Dustin Pedroia is very likely to finish his career in Boston now that he and the Red Sox have agreed to a seven-year, $100MM extension that will run through the 2021 season. Here is a roundup of news about the deal will impact Pedroia, the Red Sox and another certain AL East second baseman…
- Pedroia told reporters (including Peter Abraham of the Boston Globe) that he put a priority on being a Red Sox player for life out of loyalty to the club. "The Red Sox drafted me and a lot of teams passed on me because of my size and stuff like that," Pedroia said. "It's pretty important. That's why I want to work as hard as I can to make sure that they made the choice in drafting me and me being here my whole career."
- This feeling manifested itself in the timing of Pedroia's extension, as WEEI.com's Rob Bradford points out that Pedroia put the team ahead of waiting until free agency or until Robinson Cano had signed his new contract.
- Speaking of Cano, Pedroia's acceptance of a "hometown discount" type of contract could affect Cano's forthcoming free agent contract, opines David Brown of Yahoo Sports. It has been speculated that Cano's next deal will pay him $200MM and Cano is "a better player than Pedroia, though not by that much. He's not twice as good as Pedroia." I suspect that with big spenders like the Yankees and Dodgers involved in the Cano sweepstakes, Cano won't have any trouble finding a deal in the $200MM range, Pedroia's deal notwithstanding.
- Pedroia's value to the Red Sox goes beyond the field and, given Boston's clubhouse problems in 2012, CBS Sports' Danny Knobler writes that the team wanted to ensure that one of its key leaders would remain in the fold.
- Second basemen have a history of declining in their early 30's, but Fangraphs' Dave Cameron still likes the Pedroia extension for the Red Sox since they were able to get him at a relative bargain price. "With the going rate of inflation in baseball, $15 million per year could easily be the market price for an average player by the middle of this contract," Cameron writes. He also uses Ian Kinsler's five-year, $75MM extension with the Rangers as a comparison and notes that Kinsler and Pedroia have similar value as hitters and Pedroia has a large defensive edge.
Relief Market Rumors: K-Rod, Wilson, Duensing, Coke
With just over a week to the trade deadline, there's still been only one significant move for a reliever — Boston's acquisition of Matt Thornton. Plenty of teams are on the lookout for bullpen help, however, including the Tigers, Red Sox, Braves, Diamondbacks and more. With a potential Jason Grilli injury last night, more bullpen rumors could begin to circulate. Here are the latest relief rumblings from around the baseball world…
- The Red Sox, Dodgers and Tigers are all keeping close tabs on Francisco Rodriguez, according to ESPN's Jerry Crasnick. The Sox and Dodgers, in particular, were said by Crasnick to have scouts "all over" Rodriguez this week. Detroit, meanwhile, isn't as interested as it once was due to the strong recent performance of Joaquin Benoit and Drew Smyly (Twitter links).
- Former closer Brian Wilson threw for Giants pitching coach Dave Righetti and bullpen catcher Billy Hayes yesterday, according to Andrew Baggarly of CSNBayArea.com. The session was a personal favor to Wilson and not an indicator that a deal is coming, Baggarly writes. However, Wilson looked nearly Major League ready, and Baggarly feels that the willingness to afford Wilson this favor suggests that any ill will between the two sides following Wilson's offseason non-tender has subsided.
- The Braves continue to search for left-handed relief help, tweets Jim Bowden of ESPN and MLB Network Radio, who lists Oliver Perez, Mike Dunn, Glen Perkins, Scott Downs and James Russell as potential targets. Bowden notes that Perkins is unlikely, likely because of the numerous reports that the Twins won't move their closer.
- While the Twins aren't interested in moving Perkins, David O'Brien of the Atlanta Journal-Constitution reports that the Braves may have interest in another Minnesota lefty who may be available — Brian Duensing (Twitter link). Duensing has two years of team control remaining and will be arbitration-eligible for the second time this offseason.
- One more note from Crasnick, who tweets that the Braves also checked in on Phil Coke in their quest for lefty relief help, but nothing came of the talks with the Tigers. Coke has had a brutal season because of overexposure against right-handed hitters, but he's held lefties to a .231/.271/.346 batting line.
- For more on the relief trade market, check out my examinations of the market for left-handed relievers and the market for right-handed relievers. Also, for all fantasy players out there, be sure to follow @closernews on Twitter to keep up to speed with closer injuries, performance, usage and more.
Twins Notes: Norris, International Money, Tseng
The Twins look like sellers again this year, as they're on pace for their third straight 90-loss campaign. Jon Heyman of CBS Sports looked at the team's trade chips last week, noting that a market for first baseman Justin Morneau hasn't really materialized as of yet. Here's more on the Twins from Darren Wolfson of 1500 ESPN Twin Cities (Twins news comes about halfway into the article)…
- Even though they're sellers, vice president of player personnel Mike Radcliff tells Wolfson that the Twins could still add a player that is controlled beyond 2013. Radcliff wouldn't comment on specific names, but a league source informed Wolfson that the Twins are interested in Bud Norris. The Twins would have plenty of competition were they to make a play for Norris, as he's been connected to the Rangers, Pirates, Dodgers, Giants, Blue Jays and Red Sox in the past week alone.
- The Red Sox, Braves, and Phillies all had scouts at Target Field over the weekend. All three teams have been connected to bullpen help of late, and the Twins have trade candidates such as Jared Burton and Brian Duensing in their 'pen. Glen Perkins, of course, has drawn quite a bit of interest, but the Twins have turned interested parties away thus far. Casey Fien also drew some interest from the Giants earlier this summer.
- No international signings are imminent, but Radcliff described the process as "fluid," noting that the Twins still have money to spend. However, the team has no plans to trade any of its remaining bonus slots.
- The Twins are still interested in 18-year-old Taiwanese righty Jen-Ho Tseng, who is reportedly close to a deal with the Cubs. The team will remain in contact with his camp until they receive official word.
- Radcliff said Byron Buxton, who was recently named the No. 1 prospect in baseball by ESPN's Keith Law (ESPN Insider required), could ascend to Double-A New Britain before the season is over. That would be a quick rise for the 19-year-old, who began the season with Class A Cedar Rapids and has moved up to High-A Fort Myers recently.
- The Twins were interested in Jake Arrieta before he was acquired by the Cubs in the Scott Feldman deal earlier this month.

