2013 Contract Issues: New York Yankees

The Yankees are next in MLBTR’s 2013 Contract Issues series:

Eligible For Free Agency (10)

  • Mariano Rivera – Though he's not expected to pitch again in 2012, Rivera says he plans to return in 2013. It's safe to assume he's not signing with another team.
  • Nick Swisher – Swisher, 32 in November, will hit free agency for the first time in his career. The Yankees figure to have interest and could extend a qualifying offer. But other teams will be willing to offer long-term deals, so there's no guarantee Swisher returns to the Bronx.
  • Hiroki Kuroda - The Yankees seem to be in the market for starting pitching every offseason. The 37-year-old is probably in line for another one-year deal if he decides to continue pitching.
  • Russell Martin – Martin appears to have turned down a three-year, $21MM deal this past spring, before long-term deals for Yadier Molina (five years, $75MM) and Miguel Montero (five years, $60MM) re-set the market for catchers. Martin's off to a slow start at the plate, but a multiyear deal with an average annual value of $10MM-plus remains within reach.
  • Freddy Garcia - Garcia is headed for a one-year or minor league deal next offseason.
  • Andy Pettitte - Three starts into Pettitte's 2012 season it's hard to question his effectiveness. There's another unknown to consider, however: does the left-hander want to keep pitching?
  • Andruw Jones - Jones continues to add value as a corner outfielder and source of right-handed power off of the bench. It wouldn't be surprising to see him return to New York in 2013.
  • Raul Ibanez - The 39-year-old has nine home runs in just 139 plate appearances. He's positioning himself for another starting job in 2013.
  • Eric Chavez - The Yankees front office deserves credit for bringing Chavez to New York. He has a .271/.318/.396 batting line in pinstripes and, health permitting, could re-sign as a backup infielder next offseason.
  • Dewayne Wise - Few players on the Yankees' roster have less job security than Wise.

Contract Options (5)

  • Robinson Cano: $15MM club option with a $2MM buyout. The Yankees will exercise this option. It's hard not to wonder if they'll break from team policy and discuss an extension with the star second baseman.
  • Rafael Soriano: $14MM player option. Soriano can opt out and take $1.5MM buyout after the season. If Soriano finishes the season with a gaudy save total and a sparkling ERA, he could opt out and test free agency. But the market for elite free agent closers can dry up unexpectedly, as fellow-Scott Boras client Ryan Madson found out this past winter. The safer bet would be staying put and accepting the $14MM salary.
  • Curtis Granderson: $13MM club option with a $2MM buyout. The Yankees will exercise the option. As with Cano, the extension question persists.
  • Pedro Feliciano: $4.5MM club option. The Yankees will decline this option, which means they won't get a single pitch for their investment in Feliciano.
  • David Aardsma: club option based on 2012 performance bonuses. The Yankees' decision will depend on Aardsma's recovery from Tommy John surgery and his performance upon returning to action midseason.

Arbitration Eligible (9)

Hughes is in line for a raise from $3.2MM, while Gardner's extended stint on the disabled list will reduce his bargaining power in arbitration. Nix could be non-tendered and if the Yankees aren't optimistic about Chamberlain's right ankle injury, they could release him as well. Pena and Cervelli are playing at Triple-A and won't necessarily accrue enough service time to qualify next offseason.

2013 Payroll Obligation

The Yankees have already committed more than $119MM to next year's payroll, according to Cot's Baseball Contracts. That's exceptional for most franchises, but the Yankees have spent more than $200MM on their team in each of the past five seasons. Expect GM Brian Cashman to look for ways to reduce payroll, as the team aims to slip under the $189MM luxury tax threshold for 2014.

Cafardo On Oswalt, Willingham, Figgins, Soriano

The number of players on the disabled list is actually down overall this season, but you'd have a hard time getting the Red Sox, Phillies, and Yankees to take solace in that, writes Nick Cafardo of the Boston Globe.  One theory on the prolonged absences is that players are waiting to make sure they’re 100 percent before they get back on the field at the advice of agents like Scott Boras.  "I’ve heard people say that about Boras clients, but I’ve also seen Boras clients who play through all sorts of pain and come back sooner than they’re supposed to," said Boston GM Ben Cherington. “Jason Varitek and Johnny Damon played through anything."  Here's more from Cafardo..

  • While Roy Oswalt was eager to work out for the Red Sox after turning them down before the season, he would still rather play for the Rangers or Cardinals, a major league source tells Cafardo.  As of last week, the Red Sox have not discussed money with him, even though they liked what they saw.
  • It's not yet known if Twins outfielder Josh Willingham will be available but he'll be in demand at the trading deadline or when the Twins feel they’re in a sell-off mode.  One GM said of Willingham, "Of all the guys out there, he’s one who can significantly impact your offense immediately."
  • The Mariners didn’t release Chone Figgins after Miguel Olivo came off the disabled list, but it doesn’t appear that he will be with the club much longer.  At some point, a team with a lot of injuries might be willing to take him on if the M's pick up some of the $15MM remaining on his contract.
  • The Cubs are willing to eat most of Alfonso Soriano’s $48MM if they can trade him. Unfortunately, Soriano isn't producing.  Epstein approached the Red Sox about Soriano before the season and while they were discussing Marlon Byrd, but not since.  Even with their outfield injuries, Boston hasn't come calling for the 36-year-old.
  • There’s a feeling that Royals outfielder Alex Gordon could be had in a deal, but it would take an overwhelming package involving a front-line starter.

AL East Links: Jones, Wieters, Ohlendorf, Yankees

Dan Duquette gave reporters (including MLB.com's Brittany Ghiroli) a brief update on the state of Adam Jones' possible extension with the Orioles, saying that Jones was a "unique case" that led him to break his policy of not negotiating during the season.  “There’s not a lot I can say about it, except I’m encouraged by the fact that Adam wants to stay in Baltimore, we would certainly like him to stay in Baltimore. And hopefully we can work something out here in the short-term," Duquette said.  “I don’t have a real timeline on these things, but hopefully we can get something done.”

Some more from around the AL East…

  • With Jones on the way to an extension, Orioles catcher Matt Wieters told reporters (including Steve Melewski of MASNsports.com) that he isn't concerned about a possible new contract for himself.  MLBTR's Mike Axisa examined Wieters as an extension candidate in March, while MLBTR's Ben Nicholson-Smith (via Twitter) speculates that a Wieters deal could be worth $30-35MM over four years.
  • Also from Ben, he covered the Blue Jays and the Rays today in the latest instalments of MLBTR's 2013 Contract Issues series.
  • Ross Ohlendorf has pitched well at Triple-A Pawtucket and is a strong candidate to be added to the Red Sox 40-man roster before June 1, writes WEEI.com's Alex Speier.  Ohlendorf can opt out of his minor league deal with the Sox if he isn't on the 40-man by that date, though since he has a minor league option left, the team doesn't necessarily have to call him up to the majors.
  • The Yankees have been relying on their veterans this season as their younger players have largely failed to step up, writes Joel Sherman of the New York Post.  A "person who has worked with both" Manny Banuelos and Dellin Betances tells Sherman that the two pitchers have a lack of command on their fastballs and "were overhyped" as prospects. 

Minor Moves: Maine, Hernandez, Lindsay

The latest minor moves…

  • The Yankees will sign right-hander John Maine to a minor league deal, Evan Drellich of MLB.com tweets. The Red Sox recently released the 31-year-old, who has missed considerable time with shoulder injuries. He posted a 7.43 ERA in 46 innings with the Rockies' top affiliate in 2011 before signing with the Red Sox this January.
  • The Cubs signed infielder Diory Hernandez, Matt Eddy of Baseball America tweets. The Astros had released Hernandez earlier in the week.
  • The Diamondbacks signed right-hander Gaby Hernandez from the independent Frontier League, Eddy tweets. The 26-year-old pitched at Triple-A for the Diamondbacks and White Sox last year.
  • The Dodgers released right-hander Shane Lindsay, Eddy tweets. The reliever had walked more than one batter per inning at Triple-A this year.

Heyman On Hamels, Yankees, Oviedo

The Phillies haven’t been in touch with Cole Hamels to discuss an extension recently, according to Jon Heyman of CBSSports.com. It’s getting to the point where it would almost seem like an upset if the Phillies re-signed the left-hander, Heyman writes. Here are the details on Hamels and more of Heyman’s notes from around MLB…

  • Three agents suggested to Heyman that Hamels’ next contract could fall in the $150-175MM range. The deals for left-handers Johan Santana (six years, $138MM) and C.C. Sabathia (seven years, $161MM) could provide reference points for interested teams and agent John Boggs.
  • Yankees managing general partner Hal Steinbrenner says rumors that he might sell the team are a "complete fiction," (Heyman tweets). "Me and my family have no intention to sell the Yankees and expect [the franchise] to be in the family for years to come,'' Steinbrenner said. The New York Daily News reported that the Yankees are exploring the possibility of selling the team.
  • Juan Carlos Oviedo, who recently received his work visa, will report to extended Spring Training soon, Heyman tweets. The pitcher formerly known as Leo Nunez will serve an eight week suspension before returning to the Marlins.

Oswalt Worked Out For Phillies, Red Sox

8:14pm: Scott Miller of CBSSports.com hears that Oswalt already has several "very nice offers" on the table, though it's unclear which teams presented them.

3:53pm: The Angels haven't had anyone watch Oswalt throw near his Mississippi home recently, Alden Gonzalez of MLB.com tweets.

11:48am: Rosenthal reports (on Twitter) that neither the Yankees or Tigers are in the mix for Oswalt at this time. The righty intends to sign soon, possibly within the week, and pitch in MLB by mid or late June, Rosenthal tweets.

11:19am: The Phillies and Red Sox occupy last place in their respective divisions, but both teams are eyeing midseason reinforcements. Free agent right-hander Roy Oswalt threw a bullpen session for the Phillies last week and worked out for the Red Sox this week, Ken Rosenthal of FOX Sports reports (all Twitter links).

Oswalt is also throwing for two unknown teams, Rosenthal reports. Jon Heyman of CBSSports.com hears from someone who expects Oswalt to return within a month (Twitter link).

The Phillies, winners of five consecutive games, are familiar to Oswalt, who pitched for Philadelphia in 2010 and 2011. The Red Sox, who have won six of their last seven games, expressed interest in Oswalt last offseason after the Phillies declined his 2012 option. The 34-year-old appeared to be in good shape during his workouts but was not yet in midseason form, Rosenthal reports. Bob Garber of Select Sports Group represents Oswalt.

Mike Axisa contributed to this post.

Venezuelan Links: Mora, Escobar, Cervelli

A trio of venezolanos try to claw their way back to la gran carpa. Yes, that literally translates to "the big carp," but it also means "the big top." Links are in Spanish…

  • Melvin Mora will fly to the states this weekend to begin negotiations with the Giants and Reds, the 40-year-old utilityman told Jonathan Costa Hernández at Líder en Deportes. Mora said his agent received offers from both teams last week, but he didn't yet know the terms. "I haven't had much time for that, due to the kids," Mora said, in reference to his 11-year-old quintuplets.
  • After managing just five innings over the last five years, Kelvim Escobar says he is mounting what will be his final attempt at a comeback. "In two months I'll know where I'm at and the progress of my shoulder," the 36-year-old told Meridiano Television in Venezuela. He said his agent has been contacted by several teams, but they will wait until his shoulder is consistently healthy before attempting to arrange a tryout. In 2009, the Mets signed Escobar to an incentive-laden one year deal, but continued shoulder problems kept him from ever taking the mound.
  • Francisco Cervelli has heard that two teams are interested in obtaining him from the Yankees, but the team doesn't want to trade him, the catcher told Wilmer Reina at La Verdad. The Yankees have reportedly come close to trading Cervelli several times over the last two seasons, but for the moment he is laboring at Triple A Scranton/Wilkes-Barre and says his singular focus is on improving his offensive output enough for another callup. "I don't know anything about the Major Leagues, not even from the news," he said. "Now I only worry about working at my job and developing as a player."

Yankees Claim Matt Antonelli

The Yankees have claimed infielder Matt Antonelli off of waivers from the Orioles, Marc Carig of the Star-Ledger tweets. Antonelli, who was designated for assignment four days ago, will report to Triple-A.

Antonelli, 27, signed a Major League deal with the Orioles this offseason. He posted a .204/.351/.280 battling line for Baltimore's top affiliate before the O's removed him from the 40-man roster over the weekend. The Padres selected Antonelli 17th overall in the 2006 draft.

Quick Hits: Hamilton, Pettitte, Cardinals, Romero

Bad news for the Royals tonight as they learned that left-hander Danny Duffy is likely out for the year with a torn ulnar collateral ligament in his elbow. The 23-year-old is the second Royals hurler sidelined for the year following Joakim Soria's season-ending injury. Tonight's links..

Yankees Claim Justin Thomas Off Waivers

The Yankees have claimed left-handed reliever Justin Thomas off of waivers from the Red Sox, Marc Carig of the Star-Ledger confirms (via Twitter).  The move was first reported by Maureen Mullen of CSNNE.com (via Twitter). 

Thomas, 28, was removed from Boston's 40-man roster earlier this week and has one minor league option remaining.  The reliever has a 4.14 ERA with 8.1 K/9 and 3.8 BB/9 in eight seasons as a minor leaguer.

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