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Jake Peavy Rumors: Thursday

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Jake Peavy could make his last start as a member of the White Sox this afternoon, as he takes on Justin Verlander and the Tigers at U.S. Cellular Field.  The Sox aren't sure what they want to do with Peavy yet, writes ESPN's Buster Olney, but their asking price is "really high."  The latest: 

  • The Red Sox, Cardinals, Dodgers, Braves, Orioles, and Reds each have a scout in attendance, tweets ESPN's Jayson Stark, while the Rangers have two.  Athletics director of player personnel Billy Owens is also there, tweets Susan Slusser of the San Francisco Chronicle.  Keep in mind that their presence does not necessarily imply trade interest in Peavy.

Earlier Updates

  • GM Rick Hahn keeps Peavy "abreast of what's going on," the righty told reporters including Mark Gonzales of the Chicago Tribune.  Peavy says he doesn't want to be traded, but he's prepared for the possibility.  The Red Sox and Diamondbacks are expected to have two scouts apiece at today's start, notes Gonzales.
  • The Cardinals and White Sox "continue to scout each other's personnel," writes Gonzales.  Shortstop Alexei Ramirez could also be a fit for the Cardinals, but not at the cost of their top arms.
  • "ERA-based reputation still holds a lot of sway," writes Dave Cameron of FanGraphs in trying to understand the perception that Matt Garza had more trade value than Peavy.  That might make Peavy a relative bargain, he suggests.  I tried to make the case for Peavy in our Monday poll, but about 65% of over 26,000 MLBTR readers polled felt Garza had more trade value.

AL East Notes: Morrow, Red Sox, Rays, Yankees

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Blue Jays starter Brandon Morrow is likely out for the season due to an entrapped radial nerve in his right forearm, a source told Shi Davidi of Sportsnet.ca last night.  The issue is likely to be treated with extended rest rather than surgery, Davidi adds.  The Blue Jays have since announced that Morrow will be out for approximately six weeks.  Morrow, who turns 29 tomorrow, is under contract for $8MM next year and has a $10MM club option for 2015.  The Blue Jays are finished this year, as a seven-game losing streak has dropped them to 11 games out in the wild card.  Elsewhere in the AL East…

  • The Red Sox appear "just as likely to stand pat as they are to add another reliever," writes Scott Lauber of the Boston Herald.  He says the team has not stepped up its search despite losing Andrew Bailey for the season, though they continue to monitor the market.
  • "We explained to him that this is financial lunacy," agent Seth Levinson said in reference to Dustin Pedroia wanting to approach the Red Sox as early as 2011 about spending the rest of his career in Boston (WEEI's Alex Speier reporting).  "Money was never really a factor," explained Levinson, who also said Pedroia chose years over salary partly to avoid becoming a contract albatross.
  • Contract offers of more than five years are hard to come by, Rays third baseman Evan Longoria told Brian MacPherson of the Providence Journal, and he understands why Pedroia left "a few extra dollars lying on the table."  Longoria did so himself in a pair of contract extensions.
  • "There's no glaring place to be doing anything," Rays owner Stuart Sternberg told Marc Topkin of the Tampa Bay Times in regard to his club's needs.  Still, the team is always looking to upgrade for the present and future.
  • Along with the Yankees, the Red Sox are also still intrigued by Phillies third baseman Michael Young, a Major League source tells Andy Martino of the New York Daily News.  Having dropped four in a row, the Phillies are eight games out in the NL East and worse off in the wild card.
  • Cubs left fielder Alfonso Soriano "asked for a couple days to think about" a potential trade to the Yankees, president Theo Epstein told reporters including Paul Sullivan of the Chicago Tribune yesterday.  Adding Soriano would be a "good first step" for the Yankees, writes Mike Axisa of River Ave. Blues, but the team still has to address needs at third base and behind the plate.
  • Cuban outfielder Dariel Alvarez, who recently signed with the Orioles for $800K, "struggles against live pitching," according to scouts who spoke to Baseball America's Ben Badler.

Red Sox Looking “Pretty Hard” At Miguel Alfredo Gonzalez

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The Red Sox are looking "pretty hard" at free agent Cuban righty Miguel Alfredo Gonzalez, president and CEO Larry Lucchino said on WEEI's Dennis & Callahan show this morning (Tim Healey has quotes).  "The auctioning can begin," said Lucchino.  Noting that GM Ben Cherington guards the team's prospects "like his first-born child," Lucchino explained, "Reaching into your pocket for your wallet is much easier."  Lucchino confirmed the Sox are searching for rotation and bullpen help.

Gonzalez, 26, is expected to sign soon.  On Monday, MLB.com's Jesse Sanchez said he's down to five teams.  MLB.com's Ken Gurnick reported Tuesday that the Dodgers, who had been heavily linked to Gonzalez, are not pursuing him.  Earlier this week, Ben Badler of Baseball America provided a scouting report on Gonzalez (subscription required and recommended).  Badler noted that "projections vary significantly" on the righty, ranging from a big league ready No. 3 starter on the high end to a long reliever on the low end.

Rosenthal On Cardinals, Athletics, Stanton

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Ken Rosenthal's latest column for FOX Sports begins with a look at the Braves' rotation without veteran Tim Hudson, who sustained a season-ending ankle fracture last night.  Rosenthal notes it's a very young group without Hudson, and seems to be lacking a true number one starter.  Such a pitcher is probably not available on the trade market, which I imagine the Braves will be eyeing more keenly.  Elsewhere from Rosenthal's column:

  • The Cardinals are not actively pursuing the Astros' Bud Norris or the Blue Jays' Mark Buehrle.  The Cards didn't push for Matt Garza, but did scout Jake Peavy's last start.  Ervin Santana is available as well, but Rosenthal wonders if "a trade might not be worth the trouble," given the Cardinals' current group of talented young pitchers.
  • The Red Sox never got serious on Garza due to concerns with his injury history.  The Red Sox and Tigers were the other AL clubs in on reliever Francisco Rodriguez, who was recently traded to the Orioles.
  • After making a late run at Garza, the Athletics are interested in Peavy and Santana.  Sometimes it helps to add to a strength, explains Rosenthal.
  • The Rangers ask the Marlins for Giancarlo Stanton "every week," a Major League source tells Rosenthal, and keep hearing "no."  In addition to Alex Rios of the White Sox, the Rangers are considering Justin Ruggiano of the Marlins and Chris Denorfia of the Padres.  However, they have "not mounted a serious push" for Ruggiano, while the Padres don't plan to trade Denorfia or teammate Carlos Quentin.
  • "Some with the Brewers" wonder if the presence of Ryan Braun might make it more difficult to attract free agents.
  • The Phillies are "narrowing their search for a backup center fielder," writes Rosenthal, and the recently-designated Chris Dickerson could be one option.

Jake Peavy Rumors: Wednesday

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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

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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

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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.

Pedroia

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

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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

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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

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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.”
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