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Olney On Dempster, Athletics, Lee, Castro

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At least one baseball person wonders if Ryan Dempster hurt his free agent stock by agreeing to join the Rangers, ESPN.com’s Buster Olney reports. The American League, referred to by one general manager as "the big boy league," features some high-powered offenses that could have impact Dempster’s numbers and diminish his leverage in offseason contract talks. Here are more notes from Olney…

  • The Dodgers were interested in Dempster, but they never pushed for him, Olney reports. The Dodgers didn’t want to trade from their core of good prospects and they didn’t waver when the Cubs asked about their top minor leaguers.
  • Olney suggests teams like the Red Sox and Orioles could have interest in Brandon McCarthy if the Athletics place him on waivers when he returns from the disabled list.
  • Before the trade deadline, the Phillies made it clear that they would not pick up any of Cliff Lee’s salary in a trade and would also want prospects in return for the left-hander. Olney suggests it’s highly unlikely Lee will be moved in a waiver deal this month.
  • Starlin Castro’s name came up in conversations between the Cubs and Diamondbacks leading up to the trade deadline, Olney writes. However, both sides moved on quickly and a deal was never close.
  • Olney wonders if the Nationals could pursue in Derek Lowe given their interest in adding pitching leading up to the trade deadline.

Poll: Will Cliff Lee Be Claimed On Waivers?

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Cliff Lee is on waivers, so MLB teams must now decide whether to place a claim on the left-hander. For the majority of teams, the decision will be simple. Lee earns far too much for most general managers to make a claim and risk taking on his contract ($21.5MM in 2012, $25MM per season through 2015, and a $27.5MM vesting option for 2016 with a $12.5MM buyout). It’s complex enough for GMs to boost payroll by a few million with a summer acquisition, so a player with $95MM on his contract will be out of the question in most cases. 

But Lee could tempt a team or two. He continues to pitch effectively — seven innings per start, five times as many strikeouts as walks and a 3.73 ERA in a so-called down year — and there’s no better staring pitcher available. Maybe $95MM for three-plus seasons would be acceptable for a team with aggressive ownership, such as the Dodgers. 

If Lee does get claimed, the Phillies could pull him back off of waivers, work out a trade, or assign his contract to the team that wins the claim (the left-hander can block trades to 21 teams). If he goes unclaimed, the Phillies will be able to trade Lee with the same restrictions they’d encounter in July or in the offseason. How will it all unfold?

Minor Moves: Sanches, Reds, McPherson

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The latest minor moves… 

  • Sanches wasn't unemployed very long. Christopher Dabe of The Beaumont Enterprise reports that the right-hander has signed with his hometown Astros.
  • The Phillies released right-hander Brian Sanches, Matt Gelb of the Philadelphia Inquirer reports. Philadelphia outrighted Sanches to the minor leagues late last month.
  • The Reds released veteran right-hander Brett Tomko, according to the team's assistant director of media relations, Jamie Ramsey (on Twitter). Tomko had been pitching at Triple-A.
  • The White Sox signed Tommy Manzella to a minor league contract, according to the transactions page at CBSSports.com. Manzella, who was the Astros' Opening Day shortstop in 2010, has spent the last two years in the minors. The 29-year-old played for affiliates of the Brewers and Diamondbacks this year, posting a .229/.308/.271 batting line in 295 plate appearances.
  • The White Sox released Dallas McPherson from their Triple-A team, Mark Gonzales of the Chicago Tribune reports (on Twitter). The former top prospect posted a .253/.335/.463 line with Charlotte this year after re-signing with the White Sox organization this past offseason.

NL Central Notes: Drew, Marte, Cardinals

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The Reds have been nearly unbeatable since losing their top player to injury and now have the best record in baseball at 64-41. Here are today's NL Central links after another Reds win…

Cliff Lee On Waivers

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The Phillies have placed Cliff Lee on waivers, Yahoo's Jeff Passan reports (on Twitter). The Phillies were expected to waive Lee this month, when waivers are revocable. Teams routinely place high-profile players on waivers in August to determine other teams' interest. Executives expect the left-hander to clear waivers Friday afternoon, Passan reports.

Teams have two business days to claim players off of waivers, which suggests Lee hit the waiver wire yesterday, when the August waiver period opened. If Lee clears waivers, the Phillies might be able to trade him. Lee can block trades to 21 teams, including the Diamondbacks. The Yankees, Braves and Marlins are not on his no-trade list, however.

The 33-year-old Lee earns $21.5MM this year and $25MM per season from 2013-15. His contract includes a $27.5MM vesting option ($12.5MM buyout) for 2016. If one or more teams claim Lee despite his contract, the Phillies could attempt to work out a trade with the team that wins the claim, assuming Lee doesn’t veto the move.

Here's more detail on how teams can trade players in August.

Phillies Extend Cole Hamels

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AUGUST 1: ESPN's Buster Olney has the salary breakdown (Twitter link). Hamels received a $6MM signing bonus and will earn $19.5MM in 2013. His annual salary from 2014-2018 will be $22.5MM. The option for 2019 can vest at $24MM, or the club can exercise it at $20MM with a $6MM buyout. All told, the contract could be worth up to $158MM across seven years.

JULY 25: The Phillies announced that they have signed Cole Hamels to a six-year contract extension worth at least $144MM. The contract, which includes limited no-trade protection for Hamels, includes an option for a seventh year.

Cole Hamels - Phillies (PW)

Hamels' extension will be the second-largest contract ever for a pitcher, trailing only C.C. Sabathia's seven-year, $161MM agreement with the Yankees. Hamels obtains the largest extension for any pitcher in history, surpassing Johan Santana's $137.5MM deal with the Mets. Hamels obtains the same average $24MM annual value as teammate Cliff Lee, who signed a five-year, $120MM contract with Philadelphia two offseason ago.

The 2019 option is either a club option at $20MM or a vesting option at $24MM, MLBTR's Tim Dierkes has learned. The option vests if three conditions are met: Hamels is not on the disabled list with a left shoulder or elbow injury at the end of the 2018 season, and he pitches 200 innings in 2018, and he pitches 400 innings in 2017-2018 combined. If the club exercises its option, Hamels will earn $158MM over seven years. If the option vests, he'll earn $162MM over seven years ($1MM more than Sabathia).

Hamels, 28, has a 3.23 ERA with 8.8 K/9 and 2.2 BB/9 in 133 2/3 innings for the Phillies this year. He averaged 31 starts and 206 innings per season from 2007-11, his five first seasons in Philadelphia's rotation. Agent John Boggs represents Hamels, the 2008 World Series MVP. The contract covers his age 29-34 seasons.

If Hamels had reached free agency, the California native would have drawn interest from many teams, including, perhaps, the Dodgers. Instead, teams looking to sign starting pitchers this coming offseason will set their sights on the likes of Zack Greinke, Anibal Sanchez and Edwin Jackson.

The Phillies now have three starters earning $20MM per season: Hamels, Lee and Roy Halladay. As ESPN.com's Jayson Stark reports, there had never been a team with two $20MM per season starters until the 2012 Phillies took the field (Twitter link).

Ken Rosenthal of FOX Sports first reported the sides were nearing an extension, ESPN.com's Buster Olney first reported the agreement, Jon Heyman of CBSSports.com first reported the terms of the deal and Tim Dierkes of MLBTR first reported the details of the 2019 option. Photo courtesy of US Presswire.

Phillies Designate Mike Fontenot For Assignment

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The Phillies announced that they designated infielder Mike Fontenot for assignment. The move creates roster space for utility player Michael Martinez, who has been recalled from Triple-A.

Fontenot, 32, has a .289/.343/.340 batting line in 105 plate appearances this year. He has split his time between second and third since signing a minor league deal with Philadelphia in April. Fontenot could interest teams seeking infield depth as a potential trade candidate.

NL East Notes: Pence, Victorino, Johnson

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The Phillies traded Hunter Pence and Shane Victorino this morning and the Marlins followed up those moves by trading Gaby Sanchez and Edward Mujica later in the day. The Braves welcomed new acquisitions Paul Maholm and Reed Johnson to Atlanta, but deadline day was relatively quiet for the Mets and Nationals. Here are the latest notes from the NL East…

  • The Phillies are slightly under the luxury tax limit following today’s trades, GM Ruben Amaro told reporters, including Matt Gelb of the Philadelphia Inquirer (Twitter link). The Phillies opened the season with a $172MM payroll, and the MLB luxury tax affects teams that spend more than $178MM.
  • At one point the Phillies considered trading Hunter Pence, obtaining a center fielder, and re-signing Shane Victorino for right field, Danny Knobler of CBSSports.com reports (on Twitter). Instead, the Dodgers acquired Victorino, and the Giants traded for Pence.
  • Marlins right-hander Josh Johnson drew interest from the Rangers, Red Sox, Blue Jays, Reds and others, but Miami kept him, Jon Paul Morosi of FOX Sports writes (on Twitter).
  • GM Mike Rizzo said the Nationals made all their splashy moves this past winter, Adam Kilgore of the Washington Post reports. "We like who we are, and we like where we’re at and we like the composition of the roster,” Rizzo said.

Minor Moves: Tuffy Gosewisch

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There were lots of major moves prior to this afternoon's trade deadline, but here's a recap of the day's smaller transactions…

  • The Phillies sold catcher Tuffy Gosewisch to the Blue Jays, reports Matt Gelb of The Philadelphia Inquirer (on Twitter). Toronto is currently without J.P. Arencibia and top catching prospect Travis d'Arnaud due to injuries. The 28-year-old Gosewisch hit .192/.241/.310 in 228 plate appearances for Philadelphia's Triple-A affiliate this season.

AL East Notes: Qualls, Blanton, Blue Jays, Beckett

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The Yankees acquired Casey McGehee and the Red Sox acquired Craig Breslow, but the Blue Jays, Orioles and Rays remained relatively quiet on trade deadline day. Here’s the latest from the AL East…

  • The Yankees had planned to designate Chad Qualls for assignment to create roster space for Joba Chamberlain, so trading him to Pittsburgh wasn't a problem for the club, Mark Feinsand of the New York Daily News reports (on Twitter).
  • The Yankees were in on Ryan Dempster, but talks "never got to crunch time," Marc Carig of the Star Ledger reports (on Twitter).
  • The Orioles continued general discussions about a possible Joe Blanton trade, but never took the next step, Dan Connolly of the Baltimore Sun reports (on Twitter). "We would have liked to have done a deal or two today, but I don't think we're done adding to the team," executive VP Dan Duquette said, according to Eduardo A. Encina of the Sun (on Twitter).
  • The Blue Jays were discussing a trade late Monday, only to see the deal fall apart, GM Alex Anthopoulos said, according to Richard Griffin of the Toronto Star (on Twitter). Griffin suggests the deal was with the Cubs, who were discussing trades involving Matt Garza last night.
  • Red Sox GM Ben Cherington said he didn’t ask Josh Beckett if he’d waive his ten and five rights, according to Brian MacPherson of the Providence Journal (on Twitter).
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