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Latest On Johnny Cueto’s Asking Price

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10:46pm: Arizona’s interest in Cueto was and perhaps still is rather intense, according to reports. The organization sent a delegation including GM Dave Stewart, chief baseball officer Tony La Russa, and president Derrick Hall to the Dominican Republic to meet with the righty, ESPN.com’s Jerry Crasnick reports on Twitter. And the D’backs still have interest after the initial offer was rebuffed, per Bob Nightengale of USA Today (via Twitter), who adds that the club “realize[s]” that Cueto can command more than a $20MM AAV over six years after Jordan Zimmermann got $22MM annually for five.

Of course, the Diamondbacks aren’t alone in pursuing the veteran. Among the other teams to reach out to his representatives are the Dodgers, Giants, Red Sox, and Cubs, per Jon Heyman of CBSSports.com. That group of large-market contenders has always figured to factor at the top of the free agent pitching pool.

11:52am: Johnny Cueto reportedly rejected a six-year, $120MM contract offer from the D-Backs recently, and ESPN’s Jerry Crasnick now reports that teams in the market for Cueto believe he’s seeking $140-160MM in total — a contract that would vault him into Jon Lester territory (Twitter link). According to Crasnick, the Diamondbacks initially planned to offer Cueto about $110MM but upped their offer to $120MM late in talks (Twitter link). The increase, however, wasn’t enough to get the job done.

It would seem, then, that Cueto’s camp is seeking a contract that doesn’t offer any sort of reduced rate due to the minor elbow issues that plagued Cueto this summer or due to his late-season struggles. Cueto was masterful in his first four outings with the Royals, pitching to a 1.80 ERA in 30 innings, including a complete-game shutout of the Tigers. However, he limped to a 6.49 ERA over his final nine starts (51 1/3 innings). There were a few quality starts mixed in toward the end, but many speculated as to whether Cueto was fully healthy. Cueto and Salvador Perez reportedly worked to adjust where Perez would set the target for Cueto’s pitches, but he still had mixed results from that point forth.

Cueto’s postseason was a true mixed bag — one so-so start, one meltdown and a pair of dominant gems in pivotal games. His final outing — a one-run complete game over the Mets in Game 2 of the World Series — was a nice final impression to make as he headed into free agency. Nevertheless, Cueto’s overall body of work following his mild elbow flare-up and trade to the Royals saw him yield 58 earned runs in 106 1/3 innings (4.91 ERA) with a 75-to-27 K/BB ratio and 118 hits (13 homers) allowed.

None of that is to say that Cueto can’t or shouldn’t secure a hefty payday, of course. Despite those issues, the perception of Cueto has remained that he’s one of the three or four best starters on the market (depending on one’s feelings about Jordan Zimmremann), and we at MLBTR still projected him to clear $100MM with relative ease (though the $120MM he rejected already surpassed our most recent $115MM figure). Prior to those issues, a Lester-esque contract was a perfectly reasonable expectation for Cueto, and the possibility that he exceeded that figure was certainly present. Cueto, after all, logged a 2.48 ERA in 677 1/3 innings from 2011-14 despite pitching his home games in one of baseball’s most hitter-friendly parks, and he carried a similarly elite 2.62 ERA and a 120-to-29 K/BB ratio through 130 2/3 innings with the Reds this season.

Cueto is a clear front-line starter when healthy and at his best, and he’s entering the open market heading into his age-30 season, having not yet even celebrated his 30th birthday as of this writing. That he’s already received a $120MM offer suggests that the demand for his services is strong, which certainly plays into his camp’s favor as the Winter Meetings approach.

Shelby Miller Drawing Significant Trade Interest

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Braves right-hander Shelby Miller is one of the hottest names on the trade market, reports Jon Heyman of CBS Sports, with as many as 20 teams having checked in on the young right-hander. There’s no indication that anything is close at this time, Heyman notes, and the Braves are said to be asking a huge haul in return for Miller, who has three years of affordable club control remaining.

The Dodgers, Yankees, Marlins, Diamondbacks and Giants have all shown interest in Miller to this point. According to Heyman, the Braves asked the Yankees for right-hander Luis Severino in exchange for Miller, and the Marlins were asked to part with outfielder Marcell Ozuna and other pieces in order to pry Miller away from Atlanta. Those steep asking prices line up with previous reports pertaining to the Braves’ talks with the Diamondbacks, when they reportedly asked that Arizona part with star center fielder A.J. Pollock. (Those talks didn’t gain traction.)

Miller, acquired alongside minor league righty Tyrell Jenkins in exchange for Jason Heyward and Jordan Walden, is coming off a strong debut season with the Braves. The former first-rounder logged a 3.02 ERA with 7.5 K/9, 3.2 BB/9 and a career-best 47.7 percent ground-ball rate in 205 1/3 innings (the innings total was also a career high). Miller won only six games due to Atlanta’s bullpen struggles and a lack of run support, but that actually enhances is value in a way. Teams won’t be deterred by a poor win-loss record when evaluating Miller, but the lack of wins will suppress his arbitration earnings, as the arb process still factors in pitcher wins/losses rather heavily. Miller’s strong body of work as a whole to this point in his career still makes for a $4.9MM projection from MLBTR contributor Matt Swartz, but the number assuredly would’ve been greater had his record aligned more accordingly with his ERA.

One factor that clubs may consider, though, is that Miller’s overall numbers are propped up by what was an unsustainable run of sub-2.00 ERA production through the season’s first two months. From June 1 through season’s end, Miller posted a quality (but less impressive) 3.77 ERA with 8.0 K/9 against 3.6 BB/9 across 138 1/3 innings. Miller’s strikeout rates and control numbers have fluctuated somewhat throughout his career, but low BABIP totals and seemingly good fortune in terms of homer-to-flyball rate have led to a large discrepancy between his 3.22 ERA and metrics such as xFIP (4.08) and SIERA (4.10). Miller’s BABIP has always been below the league average, though, as has his HR/FB, suggesting that some of the perceived fortune could be more skill-based in his case.

Ultimately, the value placed upon him in a potential trade (if he is moved at all) will be dependent on whether the club places more emphasis on his ERA or on his secondary stats. Even if Miller is more of a mid- or upper-3.00 ERA type of pitcher, three seasons of control over him would still come with significant value, so it’s logical to see Atlanta placing a sizable asking price on Miller when listening to offers from interested parties.

Zack Greinke Market Beginning To Heat Up

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The market for free-agent ace Zack Greinke is “quietly heating up,” tweets ESPN’s Jerry Crasnick. Both the Dodgers and Giants are looking for some clarity in regards to their pursuit of the right-hander, according to Crasnick, who hears that the Excel Sports client is seeking $30MM annually.

As Crasnick notes, that annual target is a challenge for teams interested in Greinke not only due to its own enormity but also due to the fact that Greinke is older than the typical free-agent starter, set to embark on his age-32 campaign in 2016. Most recent multi-year deals of the magnitude Greinke is expected to command conclude in the pitcher’s age-36 season (at least in terms of guaranteed money), but that would cap Greinke at five years. Considering the historically excellent season he just delivered in 2015, however, it’s easy to envision Greinke’s camp seeking six or more years on a free-agent deal.

After all, Greinke’s 1.66 ERA was the lowest single-season mark by a qualified starting pitcher in the past two decades. He logged 222 2/3 innings in the regular season, averaging 8.1 K/9 against 1.6 BB/9 and went on to toss 13 2/3 very solid innings in the playoffs as well. Greinke has been nothing short of brilliant in his three years with the Dodgers, compiling a 2.30 ERA with 8.3 K/9 against 1.9 BB/9 in 602 2/3 regular-season innings, plus a strikingly similar 2.27 ERA in 35 2/3 postseason innings.

Greinke’s age and the fact that he rejected a qualifying offer are both knocks against him when compared to his primary competitors — David Price and Johnny Cueto — but Greinke is also coming off the best season of the three. Beyond that, the general consensus among scouts seems to be that Greinke will age better than many of his elite peers, somewhat lessening the sting of committing a contract of significant length. In addition to the Dodgers and Giants, Greinke has also been linked to the Red Sox and Cubs, though other large-market, high-payroll teams figure to have privately expressed some interest as well.

Minor MLB Transactions: 11/30/15

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Here are today’s minor moves from around the league…

  • Infielder Grant Green has signed a minor league deal with the Giants, reports Baseball America’s Matt Eddy (on Twitter). Green, 28, is a former first-round pick of the Athletics that hasn’t panned out as hoped. Traded to the Angels back in 2013, Green has amassed a .249/.283/.335 batting line in 300 Major League plate appearances, spending most of his time at second base. He’ll give the Giants some depth at second and in left field.
  • Eddy also tweets that the Reds have signed former big leaguer Brandon Allen to a minor league deal. The powerful first baseman hasn’t seen the Majors since 2012 and is a career .203/.290/.375 hitters in 389 PAs in the Majors. He’s crushed Triple-A pitching to the tune of a .276/.372/.502 batting line, however, making him a useful bat to stash at the team’s top minor league level.
  • The Indians announced that outfielder Michael Choice has cleared outright waivers and been assigned to Triple-A Columbus. The former top 100 prospect will be in Major League camp as a non-roster invitee come Spring Training. Choice, 26, was designated for assignment when the Indians claimed Kirby Yates off waivers from the Rays. He’s a career .188/.253/.320 hitter in 300 big league plate appearances but has a more palatable line of .271/.356/.426 in Triple-A.
  • The Red Sox have outrighted infielder Josh Rutledge to Triple-A Pawtucket, the team announced today. Rutledge, 26, was acquired from the Angels in exchange for Shane Victorino this past summer. He batted .284/.333/.338 in 85 PAs for the BoSox and is a career .261/.310/.398 hitter in the Majors, though some of that success is attributable to spending the early portion of his career playing his home games at Coors Field.

Latest On Ben Zobrist

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Ben Zobrist is the Mets’ “No. 1 target” this offseason, according to Ken Rosenthal of FOX Sports (Twitter links).  The Nationals, Braves, and Giants are also among the leading teams for Zobrist.  The Royals, meanwhile, are not expected to offer the same type of money that those other clubs are.

Rosenthal adds that the veteran’s market is likely to become more defined over the next few days.  Zobrist is seeking a four-year deal and a club’s willingness to go from three to four years will “likely be [the] deciding factor” for the veteran, per Rosenthal.  Recently, Jon Heyman of CBSSports.com reported that there are as many as 20 teams with interest in the versatile switch-hitter and he listed the Cardinals as one of the most interested teams.

Zobrist is highly valued thanks to his incredible versatility coupled with his strong OBP.  However, with his 35th birthday coming up in May, teams are understandably hesitant about giving him a four-year deal.  On the plus side, however, Zobrist will not require the forfeiture of a draft pick since the midseason deal that sent him to KC made him ineligible for a qualifying offer.  Earlier this offseason, MLBTR’s Tim Dierkes predicted that Zobrist would net a three-year, $51MM deal.

Cubs, Cards, Dodgers, Giants, Red Sox Showing Most Interest In Price

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The Cubs, Cardinals, Dodgers, Giants and Red Sox are showing the most interest in left-hander David Price, reports Ken Rosenthal of FOX Sports. Rosenthal adds that while Price enjoyed his time in Toronto, the Blue Jays “are not expected to be a major factor in his free agency,” which isn’t necessarily a surprise considering the team’s previous reluctance to commit the type of expenditure Price will command to any player. Meanwhile, ESPN’s Buster Olney reported today that there’s a “high expectation” among executives involved in the Price bidding that the Red Sox will make the highest offer (links to Twitter). Tom Verducci also said in a recent MLB Network appearance that Boston will aggressively pursue Price.

Other clubs will naturally show interest in Price and presumably already have. However, the common belief that Price is capable of approaching or exceeding Max Scherzer’s seven-year, $210MM contract from last offseason suggests that many teams will be priced out of serious consideration.

Each of the clubs listed by Rosenthal has a need in the rotation, though some to a greater extent than others. The Cardinals recently lost Lance Lynn to Tommy John surgery and saw several of their promising young arms slowed by injuries in 2015 (including Carlos Martinez and Marco Gonzales). The Dodgers could potentially lose Zack Greinke to free agency and don’t know what to expect from either Hyun-jin Ryu or Brandon McCarthy in 2016. The Giants’ rotation was highly unstable in 2015 behind ace Madison Bumgarner, and the Red Sox struggled through 2015 with one of the game’s worst performances from their rotation. The need for the Cubs is less glaring on paper, as Chicago ranked third in rotation ERA in 2015. However, Kyle Hendricks and Jason Hammel wilted down the stretch, and adding another top-tier starter to pair with Jake Arrieta and Jon Lester in the rotation would give Chicago a highly formidable postseason rotation.

Price is coming off a dominant season split between Detroit and Toronto in which he logged a 2.45 ERA with 9.2 K/9, 1.9 BB/9 and a 40.4 ground-ball rate in 220 1/3 innings. Because he was ineligible for a qualifying offer due to this summer’s trade, Price won’t require a new club to forfeit a draft pick upon signing him.

Starting Pitching Notes: Lackey, Fernandez, Price, Chen

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The Giants are among the clubs that are showing interest in right-hander John Lackey, reports Ken Rosenthal of FOX Sports (via Twitter). San Francisco, though, is exploring a wide swath of starting pitching options, per Rosenthal, so it only makes sense that Lackey would be among the pitchers to pique the team’s interest. The 37-year-old Lackey has been a popular name on the free-agent market thus far, having reportedly been connected to the Marlins, Cardinals, Cubs, D-Backs, Rangers, Red Sox and Dodgers thus far. Over the weekend, the Boston Globe’s Nick Cafardo listed the Giants and Cubs as the two teams with the best shot to sign Lackey.

Here’s more on the market for rotation arms…

  • Executives from teams searching for high-end starting pitching tell Joel Sherman of the New York Post that Jose Fernandez isn’t available in trades at this time. Sherman spoke with Fernandez’s agent, Scott Boras, about the reported tension between him and the Marlins’ front office. Boras tells Sherman that he spoke with Miami president of baseball operations Michael Hill the day after the initial negative reports surfaced, with Hill telling him that he looked forward to Fernandez fronting the team’s rotation in 2016.
  • In an appearance on TSN 1050 in Canada (audio link), ESPN’s Keith Law discusses David Price with hosts Derek Taylor and Kara Wagland, noting that there’s no reason to believe he would accept anything less than full market value to return to the Blue Jays. Law adds that he’s never felt a reunion between the two sides is likely, pointing out that the MLBPA encourages the top names on the market to take every dollar possible to drive up the price for the second tier of free agents and the following year’s class. The idea of Price returning to Toronto has seemed like a long shot, at best, since he was acquired, given the team’s mid-sized payroll and previous lack of lengthy commitments. Law’s colleague, Buster Olney, wrote recently in his ESPN Insider daily blog post that some evaluators involved in discussions with Price’s camp believe that Price is indicating to all clubs that he’d like to play for them.
  • FOX’s Jon Paul Morosi wonders if left-hander Wei-Yin Chen could potentially pull down an annual value of $20MM on his upcoming contract. While that number seems like a stretch, Morosi points out that agents will likely be citing Rick Porcello’s $20.625MM annual value in contract negotiations this winter. A team paying $20MM+ annually for Chen seems like a stretch to me, but Morosi’s general point about Porcello serving as a reference is interesting; we’ll find out this offseason whether that contract looks like an outlier or one that served to drive up the price for second-tier starting pitchers. Porcello’s name has come up in conversations I’ve had with industry contacts this winter, though only time will tell if his contract does indeed serve to advance the secondary pitching market.
  • In a piece for Sports On Earth, MLB.com’s A.J. Cassavell tries to peg Zack Greinke’s free-agent value based on historical comparisons. Cassavell looks at age-based comps in an attempt to gauge how long Greinke will remain effective and the length of contract he’ll ultimately command. Cassavell projects that Greinke can be realistically relied upon for three more high-quality seasons before beginning to regress to above-average (but no longer elite) results, ultimately coming to the conclusion of a six-year, $153MM contract prediction.

Tim Lincecum Aiming For January Showcase And Signing

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Free agent righty Tim Lincecum expects to wait until the calendar flips before seriously considering signing, Yahoo Sports’ Jeff Passan reports. Having undergone hip surgery in September, the two-time Cy Young winner is hoping to return to health and put on a showcase in January.

Passan suggests that Lincecum and his camp are hoping that the procedure will help the 31-year-old rediscover some of his former form. Between 2008 and 2011, he compiled 881 1/3 innings of 2.81 ERA pitching with 10.0 K/9 against 3.2 BB/9. It’s been quite some time since Lincecum rated as a top-of-the-rotation arm, though, as his last All-Star appearance and sub-4.00 ERA came in the last year of that four-season run.

Lincecum has, however, shown the potential to deliver some innings since. His earned run average sits at 4.68 in 615 2/3 frames over the 2012-15 span, but he carries a 4.08 FIP in that time. Other metrics have been even more bullish on the righty in prior years, though both xFIP (4.64) and SIERA (4.82) panned his 15 starts in 2015. And Lincecum’s strikeout rate has continued to fall along with his velocity — though, somewhat curiously, his swinging strike rate was nearly as good as ever last year (10.7%) even as his average heater landed south of 88 mph.

It remains to be seen whether a healthy hip will fuel a late-career burst, but it seems likely that clubs will be intrigued to see how Lincecum looks. Interestingly, his plans also seem to indicate a willingness to fully test the market, suggesting that a return to the Giants may not be in the offing. (It had been reported earlier this fall that San Francisco might be interested in striking a minor league deal.)

Regardless of what kind of show he can put on come January, the likelihood is that Lincecum will land a one-year contract — both because that’s all the market will give and because he’ll want a chance to re-enter free agency after a better platform season. If Lincecum can show enough to achieve guaranteed money, odds are it’ll be fairly modest, though he also seems a likely candidate for an incentive-rich contract.

Minor MLB Transactions: 11/23/15

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Here are the day’s minor signings from around the league…

  • Infielder Steve Tolleson is headed to the Orioles on a minor league deal, Eduardo Encina of the Baltimore Sun reports on Twitter. Tolleson will receive an invitation to major league camp. The 32-year-old owns a .245/.299/.372 slash in 363 career plate appearances in the bigs.
  • Shortstop Hak-Ju Lee is joining the Giants on a minor league deal, Matt Eddy reported as part of a slew of signings. (See his Twitter feed for these and more.) Formerly a top prospect with the Rays, the 25-year-old suffered a serious knee injury and has not hit much since at the Triple-A level. Among other deals, San Francisco also brought back lefty Ricky Romero, per Eddy.
  • The Diamondbacks have added righty Kyle Drabek on a minors deal, according to Eddy. He joins outfielder Kyle Jensen and third baseman Carlos Rivero as Arizona minor league free agent signees. Once one of the game’s best-regarded pitching prospects with the Blue Jays, the 27-year-old Drabek did not live up to his promise in Toronto. But he did toss a solid 137 1/3 innings last year at Triple-A for the White Sox, working to a 3.47 ERA with 5.5 K/9 against 3.5 BB/9.
  • The White Sox have signed righty Phillippe Aumont to a minor league pact, Josh Norris of Baseball America tweets. The former Phillies prospect lost his 40-man roster spot last year. He did put up a 3.14 ERA after moving back into the rotation at Triple-A, but continued to demonstrate serious control problems with 6.8 BB/9.

Earlier Transactions

  • The Blue Jays have signed first baseman Casey Kotchman, second baseman David Adams and shortstop Jiovanni Mier to minor league contract with invitations to Major League Spring Training, writes Ben Nicholson-Smith of Sportsnet. The 32-year-old Kotchman comes with far and away the most big league experience, having served as an everyday first baseman (or close to it) with the Angels, Braves, Red Sox, Mariners, Rays and Indians from 2007-12. However, Kotchman hasn’t appeared in the Majors since 2013 and hasn’t experienced much in the way of success since his career year with the 2011 Rays. He’s a lifetime .260/.326/.385 hitter in the Majors. Adams, meanwhile, was once a promising second base prospect with the Yankees but never received a consistent chance in the Majors (in part, due to injuries). The now-28-year-old did receive 152 PAs in New York in 2013 but batted just .193/.252/.286 in that short stint. Mier, meanwhile, is a former first-round pick and top 100 prospect, but his bat has never really come around. He’s now 25 years of age and is a career .239/.333/.340 hitter in the minors.

Extension Notes: Crawford, Belt, Keuchel, Harper

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Brandon Crawford didn’t want play anywhere other than San Francisco, which is why he was so insistent on full no-trade protection in his recent contract extension, CSNBayArea.com’s Alex Pavlovic writes.  Giants GM Bobby Evans and Joel Wolfe, Crawford’s agent, first discussed an extension last spring but talks didn’t really go anywhere, so discussions were re-opened in October while Evans was waiting for free agency to open.  As Pavlovic notes, locking Crawford up early means the Giants can now use the Gold Glove-winning shortstop as a selling point to attract free agent starters.  Crawford has his extension settled, and here’s some more news about other stars who may be in line for big multi-year deals…

  • With Crawford’s contract settled, Brandon Belt could be the next Giant to receive an extension, Pavlovic writes in a separate piece. Evans said he’s had some talks with Belt’s representatives but it’s possible they could settle his 2016 contract first before exploring a longer-term deal.  Belt’s concussion history isn’t an obstacle, as Evans said the Giants have “gotten very good medical info that doesn’t give us concerns about Brandon’s health.”  Belt hit .280/.356/.478 with 18 homers in 556 plate appearances last season, and while the Giants were still prone to sitting him against left-handed pitching, Belt posted a very respectable .802 OPS in 145 PA against southpaws.  He’s projected by MLBTR to earn $6.2MM in 2016, his second year of arbitration eligibility.  San Francisco doesn’t have any intention of trading Belt, Pavlovic adds, so rumors of the team’s interest in Chris Davis may be overblown.
  • Dallas Keuchel and the Astros are expected to discuss a long-term deal this offseason and both Keuchel and GM Jeff Luhnow speak to the Houston Chronicle’s Evan Drellich about the possible shape of these talks.  Keuchel is something of a “hard comp,” as Drellich notes, because of how few players have matched his exact career path.  MLBTR’s Steve Adams described some of the main points that will go into the Keuchel negotiations when news first broke of the extension talks in August.
  • Six rival executives gave their guesses about what a Bryce Harper extension might look like to Adam Kilgore of the Washington Post, with guesses ranging from six years and $180MM to a record-breaking 15-year, $450MM deal with a player opt-out clause.  While the Nationals would be extending Harper at his peak of production, the team would also have some leverage since Harper’s current contract limits his earnings through that would’ve been some very expensive arbitration years.  The executives aren’t sure exactly what form a Harper extension could take, though it could be a moot point since they doubt an extension will be signed — most Scott Boras clients hit free agency rather than sign lengthy extensions with their original teams.  Kilgore’s piece is well worth a full read, as it’s a very interesting look at the numerous factors that will go into Harper’s next contract (whether it’s an extension or a free agent deal) and the six execs present a wide range of fascinating contract scenarios.
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