Adam Wainwright & Other Similarly Priced Players

The Cardinals will have the option of voiding Adam Wainwright's 2012 and 2013 options after the coming season, since he'll still be on the disabled list recovering from Tommy John surgery. Though the two options, which are worth a combined $21MM, became guaranteed when Wainwright finished second in the NL Cy Young Award voting last fall, the Cardinals will have the choice of setting the right-hander loose on the free agent market because of a clause in his contract.

Barring unexpected setbacks, it appears likely that the Cardinals will exercise Wainwright's options. They'll want to bid on Albert Pujols and address other needs after the season, but you can't sign ace pitchers for $21MM. Here's a look at what teams have bought with $17-22MM, starting on January 1st, 2008:

The list includes some quality players, but they don't compare with Wainwright, one of the best pitchers in the league. The right-hander averaged 232 innings, 212 strikeouts and a 2.53 ERA from 2009-10 and is still just 29. Considering what $21MM or so buys on the free agent market, it's hard to imagine St. Louis obtaining anything more valuable than Wainwright's age-30 and 31 seasons for that sum.

Contract info courtesy of Cot's Baseball Contracts.

Cardinals Inclined To Pursue Bullpen Help

They just lost one of the best starters in the National League, but the Cardinals are eyeing relievers as they aim to restore pitching depth, according to Joe Strauss of the St. Louis Post-Dispatch (on Twitter). The Cardinals, who lost Adam Wainwright to season-ending Tommy John surgery, are now more inclined to pursue a reliever than a starter.

GM John Mozeliak has said that he'll evaluate in-house options before pursuing pitching and maintained that talk of trades or signings is "still a little premature." The Cardinals' need for pitching became more pronounced when Chris Carpenter's hamstring started acting up last week. There's no timetable for his return at the moment.

MLBTR's Mike Axisa listed some potentially available starting pitchers last month. 

Cardinals Notes: Freese, Carpenter, Calero

The latest on the Cardinals, as third baseman David Freese makes his first spring start…

  • Freese is now represented by CAA, tweets the agency.  Phil Tannenbaum was his previous agent.  Freese, 28 next month, is a ways off from arbitration eligibility.
  • Chris Carpenter felt a twinge in his left hamstring during yesterday's bullpen session, reports Joe Strauss of the St. Louis Post-Dispatch.  He's looking doubtful to start Friday, but there's no timetable for his return.  Carpenter's hamstring first became a concern six days ago in a start against the Marlins.  Perhaps by the weekend the Cardinals will decide whether to explore external options with Adam Wainwright out of the season and Carpenter's status unknown.    
  • Kiko Calero's slider looked good in his Cardinals audition, tweets SI's Jon Heyman, but the team told the righty they have a full roster.

Carpenter Clarifies Trade Comments

Chris Carpenter confirmed to Joe Strauss of the St. Louis Post-Dispatch that he wouldn’t prevent the Cardinals from trading him and added that he doesn’t expect or hope for a trade. The right-hander says the Cardinals are a contender, so he doesn’t think GM John Mozeliak will look to sell.

"For them to come to me about [a trade] would suggest our team is out of it and they wanted to go in another direction," Carpenter said. "I certainly don't see that being the case. I think we've got a great shot not just to win this division but to get to the World Series. That's my expectation and I think it's what everybody in here expects.”

The Cardinals, who lost Adam Wainwright to Tommy John surgery, have a 2012 option for Carpenter worth $15MM. Albert Pujols becomes a free agent after the season and holding onto Carpenter and Pujols won’t be easy. 

Pujols will presumably cost upwards of $200MM and the Cardinals’ payroll is not big enough to sustain a $30MM player without cutting costs elsewhere. Cardinals sources suggest to Strauss that the team is unlikely to increase payroll from the $100MM range to $115MM in 2012. 

Quick Hits: Beimel, Milledge, Doumit, Wainwright

Links for Sunday evening as we mourn the passing of Dodgers legend Duke Snider..

Cards To Wait Two Weeks Before Looking For Pitching

After losing Adam Wainwright for the season, it's been speculated that the Cardinals would go out on the free agent or trade market to acquire his replacement. GM John Mozeliak showed a much more patient approach last week, saying they'll first look in-house for a solution. SI.com's Jon Heyman reports today (on Twitter) that reliever Kyle McClellan will get the first crack at the job, but if not one emerges within two weeks, the team will "consider outside options."

The 26-year-old McClellan has 202 career relief appearances to his credit but zero big league starts. His last start came in Single-A in 2007, and the last time he started on a regular basis was back in 2004, again in Single-A. McClellan was working under a starter's program in Spring Training before Wainwright's injury, and according to the PitchFX data at FanGraphs, he throws enough pitches for the role: sinker (33.0% of the time), fastball (25.9%), curve (22.3%), and slider (11.9%) while mixing in a changeup (6.1%). Cardinals fans, chime in in the comments if you've seen something different out of the right-hander.

I looked at some potential pitching options for the Cardinals last week, highlighted by free agents Kevin Millwood and Jeremy Bonderman.

Olney’s Latest: Marlins, Padres, Cardinals, ChiSox

ESPN's Buster Olney wrote about the Marlins' revamped bullpen in today's blog post (Insider req'd), noting that they now have a pair of left-handers (Randy Choate and Mike Dunn) to go after the middle of Philadelphia's lineup. They lacked those options early last year. Florida also brought in right-handed relievers Ryan Webb and Edward Mujica in this winter's Cameron Maybin trade.

Here are the rest of Olney's rumors…

  • Padres officials met with prospects Casey Kelly, Anthony Rizzo, and Reymond Fuentes recently to stress that they don't want them to put too much pressure on themselves after the trade that brought them to San Diego. The trio was acquired in the Adrian Gonzalez swap.
  • The Cardinals are going to watch their pitchers over the next few weeks in the wake of Adam Wainwright's injury, then see if they "need to change course."
  • White Sox GM Kenny Williams told Olney's colleague Gene Wojciechowski "I know what I want for next year right now. I have an idea. But if we're going to have dreams of maintaining where we are payroll-wise or taking it even a step higher, yeah, a lot of it depends on what happens this year." Williams said he would have liked to have done more this offseason, but is thrilled with the payroll owner Jerry Reinsdorf gave him.

Mozeliak: No Plans To Defer Part Of Holliday’s Deal

A few days before the Albert Pujols deadline came and went without a long-term agreement, Matt Holliday said (in an ESPN Radio interview) that he would consider deferring part of his contract if it helped the Cardinals sign their superstar first baseman. GM John Mozeliak told SI.com's Jon Heyman that the team has no plans to accept Holliday's offer, and that it was "not game altering." (Twitter link)

Part of Holliday's seven year, $120MM contract is already deferred, to the tune of $2MM annually without interest. That money will be paid out from 2020 through 2029. Holliday did say in the interview that a scenario in which he deferred money to allow the team to sign Pujols was "very hypothetical," and that he had not been approached by the club about doing so.

Poll: Chris Carpenter’s Future

The month of February hasn’t been kind to the Cardinals. First they failed to reach an agreement with Albert Pujols on a long-term contract, then they lost Nick Punto for up to 12 weeks with a hernia, and then they lost Adam Wainwright to Tommy John surgery. That’s enough bad news to last St. Louis the season, nevermind Spring Training.

In the wake of Wainwright’s injury, it’s been speculated that Chris Carpenter could become available in a trade at some point should the Cardinals fall out of contention. Ken Rosenthal of FOX Sports reported that Carpenter wouldn’t stand in the way of a deal (he can veto any trade thanks to his ten-and-five rights), and Joel Sherman of The New York Post suggested the right-hander could be a fit for the pitching-starved Yankees.

As great as Carpenter is, he’s neither young nor cheap. He’ll turn 36 in April and his contract guarantees him $15MM this season, after which a $15MM club option ($1MM buyout) comes into play. With Pujols’ impending free agency hanging over their heads and two more seasons until Kyle Lohse‘s $12.2MM annual salary comes off the books, it’s possible the Cardinals will look to shed Carpenter’s salary and use that money towards keeping their superstar first baseman. It’s just a drop in the bucket compared to the nine-figure contract Pujols will command, but every little bit helps.

Carpenter has pitched to a 2.74 ERA with 6.7 K/9, 2.1 BB/9, and a 52.7% ground ball rate since coming back from Tommy John surgery in late 2008. He’s shown no ill-effects from the procedure, throwing at least 192 innings in each of the last two seasons. If made available, teams would be lining up to acquire him, and not just the Yankees either. However, it’s possible that Carpenter would want his 2012 option picked up in exchange for agreeing to a trade, which could his limit market.

It seems unlikely that St. Louis would look to trade pitching – quality pitching at that – after Wainwright’s injury, but moving Carpenter would have to at least be considered if they fall out of contention at some point. The potential return in the form of young players and cash savings could be too good to pass up.

What will happen with Chris Carpenter in 2011?

  • He'll be traded 38% (3,496)
  • He'll stay with the Cardinals and they'll pick up his option 37% (3,406)
  • He'll stay with the Cardinals but they won't pick up his option 24% (2,182)

Total votes: 9,084

AL East Notes: Yankees, Werth, Pavano, Jays, Rays

Seven years ago today, the Yankees signed Eduardo Nunez as a free agent out of the Dominican Republic. Now 23, Nunez is in the mix to be New York's utility infielder in 2011 after hitting .280/.321/.360 with more walks (three) than strikeouts (two) in his brief big league debut last season (53 PA).

Here are some more notes that have to do with the Yanks and their fellow AL East clubs…

  • Joel Sherman of The New York Post reports that the Yankees "have told their scouts to bear down on several teams they think could have starters available" in a trade this summer. The teams they are targeting include the Braves, Angels, A's, White Sox, and Cardinals according to Sherman.
  • Jayson Werth told SI.com's Jon Heyman that he had a "great" meeting with the Red Sox earlier this offseason, after which he figured they would offer six years (Twitter link). They only offered five, so he ended up with the Nationals.
  • Carl Pavano spoke to Kelsie Smith of The Pioneer Press about being pursued by the Yankees this offseason. "I don't think [the past] would be a hindrance, but there would have definitely been obstacles," said Pavano. "I'm not naïve enough to think that there wouldn't have been things I would have had to overcome, especially the trust of the fans and maybe some of the guys that were there. That's reality."
  • Richard Griffin of The Toronto Star notes (on Twitter) that four of the Blue Jays' ten highest paid players are former closers: Jason Frasor, Frank Francisco, Jon Rauch, and Octavio Dotel.
  • When asked about the payroll disparity between his Rays and other teams in the division, Joe Maddon told Ken Davidoff of Newsday that he's "never seen a dollar bill throw a strike, or hit a homer, or whatever." (Twitter link)
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