- The Cubs have struck a deal with lefty Justin Wilson, agreeing to a one-year, $4.25MM pact, according to Gordon Wittenmyer of the Chicago Sun-Times (Twitter link). Wilson, who had been projected at $4.3MM, will be a free agent next winter. The Cubs alsoagreed to a $950K salary with infielder Tommy La Stella, tweets MLB.com’s Carrie Muskat. La Stella was projected to make $1MM in his first offseason of arbitration eligiblity and can be controlled through 2020. Right-hander Kyle Hendricks and the Cubs have agreed to a $4.175MM salary, per Nightengale (on Twitter). That sum comes in a fair bit shy of his projected $4.9MM projection as a first-time eligible player. The Cubs control Hendricks through the 2020 season. Chicago also agreed with Addison Russell, per Wittenmyer (Twitter link). The shortstop will receive $3.2MM for the coming season.
Cubs Rumors
Cubs Avoid Arbitration With Kris Bryant
The Cubs have reached a record-setting deal with star third baseman Kris Bryant, according to Gordon Wittenmyer of the Chicago Sun-Times (via Twitter). He will earn $10.85MM, setting a new high-water mark for first-time arb-eligible players.
Previously, Ryan Howard held the record for the biggest arbitration payout to a player entering the process for the first time. His $10MM mark had held sway since 2010. MLBTR contributor Matt Swartz broke down Bryant’s case recently, suggesting he felt it somewhat more likely that Bryant would not quite top Howard.
Of course, there could be other factors weighing on the situation, including the controversy over Bryant’s initial promotion timeline and the fact that the Cubs would no doubt like to work out an extension if possible. Paying a bit extra and giving Bryant a record-setting deal may end up working to Chicago’s benefit. And it was no doubt preferable for the club to steer clear of a hearing.
In the spring of 2015, Chicago decided not to take Bryant north with the MLB club when it broke camp, instead waiting a few weeks to bring him up for his first big league action. That delay left the Cubs free to control him through 2021, rather than 2020, but spurred a grievance action and also left Bryant eligible to qualify for arbitration in 2018 — meaning he’ll get four bites at the apple through the arb process.
The Cubs’ approach still clearly favors the organization in the long run. But Bryant nevertheless now stands to take down some massive earnings throughout the arbitration process. He’ll have three more seasons to tack raises on top of his hefty $10.85MM starting point.
Latest On Cubs' Potential Targets
- There are still ongoing signals that the Cubs could make a splash. As Paul Sullivan writes for the Chicago Tribune, surprise winter additions are fairly commonplace in Wrigleyville. Manager Joe Maddon suggested yesterday that he believes the front office is still looking to build out the roster, Madeline Kenney of the Chicago Sun-Times reports. Maddon spoke highly of both Jake Arrieta and Alex Cobb, Kenney writes, and the skipper also hinted that president Theo Epstein and GM Jed Hoyer may not yet be done in adding pieces to the bullpen mix for the 2018 campaign.
Arbitration Breakdown: Kris Bryant
Recently, I have been discussing some of the higher-profile upcoming arbitration cases as part of MLBTR’s Arbitration Breakdown series. I rely partly on my arbitration model developed exclusively for MLB Trade Rumors, but will also break out some interesting comparables and determine where the model might be wrong. Full arbitration projections for 2018 are also available.
Star Cubs third baseman Kris Bryant enters arbitration for the first time with a compelling case to compete with historical records. The current record for first time eligible players still goes all the way back to Ryan Howard in 2008, who earned $10MM after a 47 home run season that brought his career total to 129 home runs. While that price point is now ten years old, it is still an unbroken record. Buster Posey got close with $8MM, but that is already five years old.
Those two players share something in common with Bryant and no one else: they had received both a Rookie of the Year Award and a Most Valuable Player Award prior to entering arbitration. The only other such player would have been Mike Trout, but he signed a multi-year deal the year before reaching arbitration eligibility. Awards can be a huge part of arbitration hearings, especially for first-time eligible players like this, which immediately explains why Bryant is projected to earn $8.9MM, nearly halfway between Posey and Howard. Joey Votto also had an MVP Award (but no ROY) in 2011 when he received an $8MM salary, but he ended up agreeing to a multi-year deal and did not exchange figures before that, so he is not very useful for our purposes.
When it comes to actual numbers rather than hardware, Bryant has a good case as well. He hit .295/29/73 in his platform year and has amassed .288/94/274 for his career. Howard hit .268/47/136 in his platform, with .291/129/353 in his career. So he would be appear to represent a ceiling if the deal was more recent. That said, Bryant might argue that his case is old enough that it should not act as a ceiling on his earnings.
Posey hit .336/24/103 in his platform year and had .314/46/191 for his career line entering arbitration. The batting average (and the fact that he is a catcher) makes Posey look more favorable, but the fact that Bryant has twice the career home runs might make his case more impressive in a process that leans heavily on home runs. Votto’s numbers are actually somewhat closer though, with a .324/37/113 platfrom and .314/90/298 career. Of course, his multi-year deal limits his usefulness as a comparable.
Nolan Arenado and Manny Machado could serve as floors. Neither had the hardware, and both had relatively similar numbers except for far fewer career home runs when they entered the arb process. Machado had a .286/35/86 platform and a .281/68/215 career, while Arenado had a .287/42/130 platform and a .281/70/243 career. So I would guess that their identical $5MM salaries two years ago are a solid floor for Bryant.
I suspect Posey might actually be the best comparable, despite the fact that he plays a premium defensive position. Adding in salary inflation, his $8MM salary in 2013 puts Bryant around $9.5MM. I suspect he will not break Howard’s record, so this seems pretty believable. The Cubs could easily try to argue for a lower number like Arenado or Machado, but probably will have trouble making that case. However, the team could still try to push Bryant south of Posey’s $8MM. There is a large range of plausible outcomes for a case like this; it would represent a fascinating hearing if it went to a panel.
Yu Darvish Choosing Among Six Teams
Yu Darvish is widely considered to be the top starting pitcher available in free agency, and while his market — like the market of nearly every other top free agent this winter — has been slow to progress, Jeff Wilson of the Fort Worth Star-Telegram reports that Darvish has whittled the decision down to a handful of teams: the Rangers, Cubs, Astros, Twins and Yankees. Darvish himself has hardly been shy about stirring the pot on social media this winter, though, and he created an additional layer of intrigue tonight when he responded to the report by tweeting: “I know one more team is in.” The Dodgers may very well be the sixth team to which Darvish alluded, as Andy McCullough of the Los Angeles Times tweeted tonight that Los Angeles “remains in the mix” to bring Darvish back to L.A.
In his column, Wilson once again cautions that the Rangers aren’t a prime suitor for Darvish. The right-hander, according to Wilson, would prefer to return to Arlington were all things equal, but the Rangers aren’t expected to pursue top-tier free agents, as has reportedly been the case for the entire winter. Wilson reported three months ago that Texas was aiming to trim payroll by about $10MM for the coming season, which would leave them around $155MM overall. A backloaded contract for Darvish could technically still make that goal possible, but Wilson strongly suggests that the Rangers won’t be making any moves of the “all-in” variety this winter. The Rangers’ payroll projects to check in around $144MM as things presently stand.
Both the Yankees and Astros have been prominently linked to another high-end rotation candidate recently, as both have been said in recent weeks to be in talks for Pittsburgh righty Gerrit Cole. Astros GM Jeff Luhnow earlier today shot down a report that his team had struck an agreement to acquire Cole, but both New York and Houston appear to have some level of interest more cost-effective trade candidates.
The Yankees, of course, have been hard at work trying to bolster their 2018 roster while simultaneously remaining south of the luxury tax barrier (to great success thus far), while Ken Rosenthal of The Athletic reported just yesterday (subscription required and recommended) that Houston prefers to trade for a pitcher like Cole rather than shell out a massive contract to Darvish or another free-agent starter. If the Yankees can find a way to shed a significant portion of Jacoby Ellsbury’s contract (which seems unlikely) or if the Astros ultimately deem all of their trade targets too expensive in terms of prospects, then perhaps on of those clubs will take a more serious look at Darvish.
Minnesota, meanwhile, has long been reported to be one of the more aggressive teams on Darvish, who knows Twins GM Thad Levine quite well from the pair’s time with the Rangers. Of all the teams in the mix, the Twins’ payroll outlook is by far the most open (zero dollars on the books beyond the 2019 season). As for the Cubs, they’ve been tied to Darvish, Jake Arrieta and fellow righty Alex Cobb as they seek to round out their rotation and remain atop a competitive NL Central division.
The Dodgers, like the Yankees, are facing some self-imposed financial restrictions. Both clubs are trying to reset their luxury tax penalty level, and the Dodgers look to have done so in the Adrian Gonzalez/Scott Kazmir/Brandon McCarthy/Matt Kemp trade. Bringing Darvish back into the fold would once again push them north of the tax line, L.A. is also looking for ways in which to shed Kemp’s contract. As is the case with the Yankees and Ellsbury, finding a taker for a notable portion of that deal could create additional flexibility.
Cubs Notes: Wilson, Rotation
The struggles of left-hander Justin Wilson following a trade to the Cubs perplexed not only Chicago evaluators but execs throughout the league, writes Sahadev Sharma of The Athletic (subscription required and highly recommended). Sharma spoke to both Cubs manager Joe Maddon and GM Jed Hoyer about Wilson’s troubles, and Maddon made it clear that he views Wilson as an important part of the ’pen for the upcoming 2018 season. Hoyer, meanwhile, acknowledged that some of the blame likely falls on the organization, especially considering that these sort of struggles have happened in the past. (Sharma points to Adam Warren as one prominent example.) “…[W]e’ve had a number of guys who have come in and struggled beyond what they’ve done in the past,” Hoyer tells Sharma. “That’s something we have looked at and will continue to look at and talk about how we ’onboard’ guys, so to speak. … We’ve been, candidly, somewhat frustrated by it and we’ll keep working on it.”
- Patrick Mooney of The Athletic argues that the time is right for the Cubs to make a big splash on the free-agent market. Big spenders like the Yankees, Giants and Dodgers are striving to dip below the luxury tax, while several other clubs throughout the league are also operating under financial constraint. Within their division, the Pirates could be on the verge of a rebuild, as trade rumors swirl around Gerrit Cole, Andrew McCutchen and Josh Harrison. Meanwhile, the Reds don’t yet look to be ready to push back into contention. Mooney notes that the Cubs are remaining in touch with agents for Yu Darvish, Jake Arrieta and Alex Cobb, though the Chicago brass doesn’t seem to have Lance Lynn as high on its list of priorities, he adds.
Latest On Cubs' Interest In Cobb, Darvish
- Alex Cobb isn’t looking for a $20MM average annual value in his next contract, according to “officials on both sides of the Cubs’ negotiations with” the free agent right-hander. Reports that this inflated asking price spurred the Cubs’ interest in Yu Darvish as an alternative to Cobb are also not accurate, as per these same officials.
[SOURCE LINK]
Cubs Discussed Javier Baez With Padres
- Winter Meetings chatter between the Padres and Cubs involving infielder Javier Baez failed to develop, per another Rosenthal report. It’s “likely” that Chicago was looking to pick up “a controllable starter” in any such deal, says Rosenthal, and the San Diego organization was just not interested in dangling Dinelson Lamet or Luis Perdomo. The sides also held some discussions involving Baez and Friars lefty Brad Hand, per Dennis Lin of the San Diego Union-Tribune. Precise formulations of potential trade packages are not really clear, but it probably shouldn’t be too surprising to hear that those particular names came up. It seems that ship has sailed at this point, though in theory the sides could always strike up talks again if one or the other has a change of heart. Lin also addresses a few other topics of note; in particular, he says the Pads are likely just about done adding rotation options, so fans looking for a Jake Peavy reunion shouldn’t hold their breath.
Cubs Rumblings: Arrieta, Darvish, Cobb, Cole, Yelich
The latest on the North Siders comes from Bruce Levine of CBS Chicago…
- To this point, the Cubs and Cardinals have shown the most interest in free agent right-hander Jake Arrieta, according to Levine. The Cubs reportedly may be willing to offer a four-year, $110MM contract to the soon-to-be 32-year-old Arrieta, who mostly thrived with the team from 2013-17.
- Elsewhere on the pitching market, the Cubs remain in contact with Yu Darvish and Alex Cobb, per Levine, though he casts doubt on them being the favorites to sign the latter. They’re wary of Cobb’s asking price, which appears to be in the $17MM to $19MM range per annum, Levine relays.
- Along with the previously reported Chris Archer, the Cubs are interested in swinging a trade for Pirates righty Gerrit Cole, Levine writes. This is the first reported connection of the offseason between the Cubs and Cole, who has mostly been linked to the Yankees. Talks between the Yankees and Pirates simmered last month, though, which could pave the way for another team to swoop in and land the 27-year-old. Given that Chicago and Pittsburgh are in the same division, the Cubs are obviously quite familiar with Cole. The Scott Boras client is under control for the next two seasons, and he’ll earn a projected $7.5MM in 2018.
- Looking beyond starting pitching possibilities, Levine doesn’t rule out more additions to the Cubs’ bullpen or position player group. With Wade Davis having signed with the Rockies, the Cubs could be in the market for a closer if they don’t want to turn the ninth-inning reins to either of the just-signed Brandon Morrow–Steve Cishek tandem or another in-house option. But whether the team bids on a top free agent like Greg Holland or Addison Reed could depend on how much spending room it has left after it picks up another starter, per Levine. Further, it’s possible the Cubs could try to trade for Marlins outfielder Christian Yelich, who would likely cost them fellow center fielder Albert Almora Jr. in a deal, Levine contends. He also lists free agent center fielder Lorenzo Cain as a name to watch for the Cubs.
Latest On Cubs, Jake Arrieta
In his column today on the molasses-slow free agent market, Bob Nightengale of USA Today drops a few nuggets of information. The Padres’ offer to free agent first baseman Eric Hosmer would promise him seven years, says Nightengale. Meanwhile, top open-market slugger J.D. Martinez is sitting on a five-year offer from the Red Sox. In other chatter, Nightengale suggests the Cubs could be willing to go as high as $110MM over four years to bring back Jake Arrieta. Of course, the teams and players just cited have likely known one another’s positions for some time now, and these stalemates have yet to be resolved. These details also fall in line with what has been reported previously about the respective situations, though they are surely interesting data points as we seek to divine when and how the free agent dam will finally break.
