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Latest On July 2 Players

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The July 2nd international signing period is less than two months away.  Every team had a $2.9MM bonus pool for 2012-13, but as Baseball America's Ben Badler outlined here, the 2013-14 pools "will be tiered based on reverse order of 2012 major league winning percentage."  The Astros, Cubs, and Rockies each have at least $4.2MM to spend, plus teams can trade for additional money.  The Twins, Indians, Marlins, and Red Sox each have more than $3MM to spend, while the Royals and Blue Jays are close to that figure. Badler has the latest on ten prospects who are expected to sign for at least $1MM apiece.

  • The highest bonus is likely to go to Dominican outfielder Eloy Jimenez, potentially $2.6-2.8MM with the Cubs as the "heavy favorite."  The Cubs are also the frontrunners to sign one of the top Venezuelan players, shortstop Gleyber Torres.
  • Dominican third baseman Rafael Devers "might be the best hitter on the international market," writes Badler.  He's the primary target of the Red Sox.  Another contender for the best bat is third baseman Luis Encarnacion, who is most likely to sign with the Phillies.
  • The Yankees are the most likely suitor for Leonardo Molina, perhaps the best athlete in the class.  He can sign when he turns 16 on August 1st.  The Yankees' preliminary bonus pool is reportedly $1,877,900.
  • The biggest raw power belongs to Dominican outfielder Micker Zapata, who has been connected to the White Sox and Padres.
  • Badler's article has much more information, so be sure to give it a click and a read.

Cubs Notes: Rizzo, Samardzija, Draft, Offseason

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Earlier today, the Cubs confirmed last night's reports of a seven-year extension for Anthony Rizzo. At today's press conference to announce the move, general manager Jed Hoyer told reporters, including Paul Sullivan of the Chicago Tribune, that the deal was first discussed in Spring Training, and talks accelerated in the past 10 days (Twitter link). Jesse Rogers of ESPN Chicago adds (also via Twitter) that the contract was actually finalized last week; Rizzo took his physical his physical on the Cubs' off-day. Here's more on the Cubs in what will go down as a critical day in their franchise's history…

  • Jeff Samardzija's agent Mark Rogers tells Bruce Levine of ESPN Chicago that there are still no talks on the extension front with his client. The two sides will re-visit discussions in the offseason to see if they can hammer out a long-term deal Samardzija is controlled through the 2015 season. The Cubs consider Samardzija "one of their upper-tier starters of the future," writes Levine.
  • Selecting a pitcher with the No. 2 pick in this year's draft "appears to be a sure thing," Levine adds. Stanford right-hander Mark Appel and Oklahoma right-hander Jonathan Gray are the consensus top two arms in the draft right now, though Levine doesn't list any specific names.
  • In addition to extending Samardzija, signing one other free agent starter this offseason "seems essential" to Levine. That would give the Cubs a pitching core of Samardzija, Edwin Jackson, the pitcher selected second in the 2013 draft, and a solid free agent, with another high draft pick in 2014 likely on the horizon. Here's a look at all of the available 2014 free agents.
  • David Kaplan of CSN Chicago offers a similar sentiment, stating that fans should expect the Cubs to spend on free agency once again this coming offseason. Multiple Major League sources, including an AL front-office executive, told Kaplan they expect the Cubs to be in on the top free agent names this offseason, including Jacoby Ellsbury. Ellsbury, of course, was drafted by Cubs president Theo Epstein when he was GM of the Red Sox.
  • MLBTR collected some reactions to Rizzo's extension from around the web earlier today, and the feedback was overwhelmingly positive.

Anthony Rizzo Extension Reactions

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The Cubs made their seven-year, $41MM extension of Anthony Rizzo official earlier today and will hold a press conference to announce the move at 3pm. Rizzo and the Cubs are the talk of the blogosphere right now, so here are some media reactions from around the web…

  • The Cubs are preparing to market Rizzo as the new face of the franchise, writes Paul Sullivan of the Chicago Tribune. The contract also shows Rizzo's desire to be a Cub for life, as Rizzo would surely have made more going year to year. Sullivan adds that Jeff Samardzija is now likely the next extension target for the Jed Hoyer and Theo Epstein, and Travis Wood may not be far behind.
  • Both sides have received security in this deal, writes Jesse Rogers of ESPN Chicago, who adds that Rizzo may not have to wait until this deal's completion to sign a new contract. Rogers points to Evan Longoria, who signed a new $100MM extension midway through his last conract and says that Rizzo can likely expect that kind of treatment from Hoyer and Epstein if he remains productive.
  • Rizzo's new contract "looks fantastic" for the Cubs in the mind of SB Nation's Rob Neyer. Neyer goes on to point out that the Cubs control Rizzo's age 23-31 seasons for roughly $7.5MM per year, and that those are typically the best seasons of any player's career.
  • Part of the reason the Cubs thought it prudent to extend Rizzo was that he stood to make a considerable amount of money as a Super Two player, says Joel Sherman of the New York Post (Twitter links). Sherman points to the case of fellow Super Two player Hunter Pence, whose four arbitration years cost $34.6MM. The Cubs were able to secure control of three free agent years by guaranteeing just $7MM more than that.
  • Yet again, it looks like Hoyer will come out as the victor in a deal involving Rizzo, writes Dave Cameron of Fangraphs. Hoyer was an Assistant GM with the Red Sox when Rizzo was drafted, the Padres GM when they acquired Rizzo in the Adrian Gonzalez deal, and the GM of the Cubs when they acquired him from the Padres for Andrew Cashner last year.
Zach Links contributed to this post.

Cubs Extend Anthony Rizzo

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The Cubs have a new face of the franchise, and his name is Anthony Rizzo. The team announced today that it has officially signed the 23-year-old first baseman to an extension covering the 2013-19 seasons, which is reportedly worth $41MM.

The new deal overrides Rizzo's existing 2013 contract, and is therefore essentially a six-year extension. Rizzo will reportedly receive a $2MM signing bonus and earn $750K in 2013. He'll make $1.25MM in 2014, $5MM in 2015-16, $7MM in 2017-18 and $11MM in 2019. The two options are worth $14.5MM each. Rizzo is a client of Sports One Athlete Management.

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Rizzo's contract contains escalators could drive the total value of the deal to $73MM. The contract does not contain a no-trade clause, though Rizzo may be able to void the 2021 option under certain conditions if he is traded. 

Last August, the Cubs signed shortstop Starlin Castro, their other key young offensive player, to a seven-year deal that also contained guaranteed money through 2019.  Rizzo, 23, is currently hitting .288/.361/.554, and he has a line of .255/.333/.437 for his career. The Cubs acquired Rizzo and a minor-leaguer from the Padres before the 2012 season for Andrew Cashner and Kyung-Min Na.

Without the extension, Rizzo would have been eligible for Super Two status after the 2014 season, Rosenthal notes. Rizzo would have been arbitration-eligible four times, and could not have become a free agent until after the 2018 season, so this deal buys out one year of free agency eligibility and gives the Cubs the rights to two more.

Rizzo's deal tops the five-year, $32MM extension for Diamondbacks first baseman Paul Goldschmidt, to which the two sides agreed shortly before the start of the season. Like Rizzo, Goldschmidt would have been eligible for arbitration after the 2014 season, although Goldschmidt was scheduled to become a free agent a year earlier. Significantly, however, Rizzo is two years younger than Goldschmidt, and would have been eligible for free agency heading into his age-29 season. With the two team options, Rizzo's extension ensures the Cubs can keep him under control through 2021, after which he will be 32.

Ken Rosenthal of FOX Sports was the first to report the seven-year agreement. Jon Heyman of CBS Sports reported that the contract contains a pair of options but does not include a no-trade clause He also added the contract breakdown (All Twitter links). Jesse Rogers of ESPN Chicago added that Rizzo could be able to void the 2021 option if traded (Twitter link).

Steve Adams contributed to this post. Photo courtesy of USA Today Sports Images.

NL Notes: Garza, Pirates, Prado, Padres

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Here's the latest news and notes from the National League:

  • Matt Garza, number seven on MLBTR's 2014 Free Agent Rankings, is slated for one or two additional minor league rehab starts after an abbreviated outing yesterday, reports MLB.com's Carrie Muskat. Garza threw 66 pitches (40 for strikes) over 3 1/3 innings for Double-A Tennessee allowing three hits and two walks. "He felt great and everything, but not real efficient," Cubs mangager Dale Sveum said. "Right now, we have to get him built up to get to the fourth, fifth and hopefully sixth inning." Gordon Wittenmyer of the Chicago Sun-Times tweets Garza is expected to throw 85-95 pitches in his next rehab start, which will come next week for Triple-A Iowa.
  • Pirates second baseman Neil Walker is set to return from the disabled list tomorrow and Rob Biertempfel of the Pittsburgh Tribune-Review doesn't expect utilityman John McDonald to be designated for assignment to create space on the 25-man roster. McDonald, hitting only .067/.176/.100 in 34 plate appearances this year, would have to clear waivers while infielder Jordy Mercer still has minor league options available. "I think the term general managers use is you want to maintain all of your assets," manager Clint Hurdle said. "You don't want to release somebody if another guy has options. We're mindful of that."
  • Despite a slow start offensively, the Diamondbacks are already seeing dividends from their four-year, $40MM investment in Martin Prado, writes the Atlanta Journal-Constitution's Steve Hummer. 
  • The Padres, who have the 13th overall pick in next month's amateur draft, aren't concerned that the perceived top players will be off the board when it comes their turn, according to Corey Brock of MLB.com. "There's probably more balance [in the Draft] than people give it credit for," said Chad MacDonald, vice president and general manager of player personnel, who will preside over the Padres' draft. "There are a lot of high school hitters out there. I think people are quick to grade a Draft." In addition to their area scouts and cross-checkers, the Padres have had GM Josh Byrnes, vice president/assistant GM AJ Hinch, and senior vice president Omar Minaya in the field scouting players. 

Chicago Notes: Stewart, Hoyer, Hahn

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Trade winds could be swirling around the Windy City in the coming months given that both the Cubs and White Sox are in last place in their respective divisions.  Here's the latest from both Chicago teams as the focus is already turning towards the July trade deadline…

  • Jed Hoyer is "not sure" if Ian Stewart has a future with the team, the Cubs GM told reporters (including Paul Sullivan of the Chicago Tribune).  The third baseman was outrighted to Triple-A earlier this week and has battled injuries since signing with Chicago in the 2011-12 offseason.  Stewart hit .201/.292/.335 in 202 PA in 2012 and is struggling in the minors this year.  "I hope he starts playing well. I do think there is a lot of talent there… But at this point it’s going to be about performance. Potential can only take you so far," Hoyer said.
  • Also from Hoyer (via Sullivan), he feels the Cubs can still turn things around before it's time to consider moving players at the deadline.  "We don't want to be a seller. That's not a position you want to be in. But if you are in that position, you have to take advantage of it. You certainly hope you're looking to buy. It's a lot more fun," Hoyer said.  With the Cubs in Washington to face the Nationals this weekend, Hoyer praised Mike Rizzo's job in gradually turning the Nats from also-rans into World Series contenders.
  • White Sox general manager Rick Hahn was similarly optimistic about his team's chances of getting back into the pennant race.  Hahn spoke to the media (including ESPN Chicago's Bruce Levine) about how he feels the Sox can rebound once players return from injury and a few key hitters break out of slumps.  “Our intent from the beginning was that at some point we would be a buyer,” Hahn said. “We continue to have our pro scouts out there looking and talking through ideas. At the same time it will be nice to get some of our injured players back. Trades will not be dictated by speculation, it will be a function of how we play on the field.”
  • If the Chicago teams do become deadline sellers, both will have interesting trade chips in the outfield.  MLBTR's Steve Adams and Jeff Todd recently looked at the trade candidacy of David DeJesus and Alex Rios, respectively.

Minor Moves: Astros, Gonzalez, Wade, Wheeler

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We'll keep an eye on today's minor moves right here:

  • Astros outfielder Fernando Martinez has been outrighted to Triple-A, MLB.com's Brian McTaggart reports (Twitter link).  Martinez was designated for assignment by the club earlier this week.
  • Edgar Gonzalez has elected to become a free agent after clearing waivers, Sportsnet's Shi Davidi reports (via Twitter).  Gonzalez was designated for assignment by the Blue Jays two days ago and he chose free agency rather than report to Triple-A Buffalo.  The right-hander posted a 7.88 ERA in eight innings pitched with Toronto this season.
  • The Cubs released right-hander Cory Wade, according to Matt Eddy of Baseball America.  Wade, who struggled in ten games for the Cubs' Triple-A affiliate, owns a 3.65 ERA with 6.9 K/9 and 2.1 BB/9 across four big league seasons.
  • The Royals have released right-handed relief pitcher Dan Wheeler, tweets Bob Dutton of the Kansas City Star. Wheeler, 35, had been pitching for the Royals' Triple-A affiliate, where he struggled to a 9.00 ERA over 15 innings with a substandard 2.200 WHIP. Last year, Wheeler made just twelve appearances for the Indians and was similarly ineffective, pitching to an 8.76 ERA. Between 2003-2011, Wheeler made no fewer than 35 big league appearances per season. His best seasons came with the Astros in 2005-06, when he logged over 70 innings a year and posted consecutive 2.21 and 2.52 ERA marks.

NL Notes: Haren, Howard, Phillies, Choo

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In case there are still any questions whether the Nationals' Bryce Harper can continue to adjust to big league pitching as it attempts to adjust to him, this story from Adam Kilgore of the Washington Post may put them to rest. Harper recalls that he began developing a flexible approach at the plate when, as a seven year-old playing in an under-10 tournament, the opposition decided it was too dangerous to give him an inside fastball. Kilgore goes on to explain in detail the development of Harper's swing, and why it is so effective at such a young age. Here are some notes from the Nats and a few of their National League competitors:

  • While Nationals starter Dan Haren seems to be turning his season around, Carlos Marmol of the Cubs continues to struggle. As Gordon Wittenmyer of the Chicago Sun-Times writes, the Cubs not only missed out on adding a starter to bolster their rotation, but could have flipped Haren for a nice haul at the trade deadline. Of course, the Cubs were apparently close to acquiring Haren before the Angels declined his option and made him a free agent.
  • The Phillies should try to trade first baseman Ryan Howard, says David Murphy of the Philadelphia Inquirer. Looking at the team's free agent options next year, Murphy says there is not much promise for the Phils to improve unless it sheds one of its nine players that stand to make a combined $115MM next season. While acknowledging the limits of Howard's trade value, Murphy posits that the club should agree to eat much of his salary and attempt to obtain a young infielder.This may not be the most promising proposal, however, as Howard's injury history and mediocre start to 2013 (.262/.299/.476 over 137 plate appearances) keep his value down even before looking at his contract.
  • Meanwhile, Murphy's Inquirer colleague Bob Vetrone laments that two former Phillies are having an impact elsewhere. Both Shane Victorino and Hunter Pence were traded mid-season last year after the Phillies fell out of contention, and both are off to productive starts this season. Meanwhile, the Phils' outfielders have been among the worst in baseball. On the other hand, those deals brought much needed youth into the Phillies' organization, including two prospects (Tommy Joseph and Ethan Martin) ranked by some in the club's top 15. 
  • The Mets could make sense as a destination for Shin-Soo Choo when the outfielder reaches free agency this offseason, explains John Harper of the New York Daily News. Choo is currently sitting at third on MLBTR's Tim Dierkes's 2014 Free Agent Power Rankings after his hot start for the Reds. According to one big league executive, Choo fits the profile that Mets GM Sandy Alderson will be looking for as a high on-base outfielder with some pop. Certainly, an outfield upgrade is in order for the Mets, as the combined production from Mets outfielders currently rates right alongside that of the Phillies.

Cubs Release Kameron Loe

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Right-hander Kameron Loe was granted his release by the Cubs and is now a free agent, according to Jesse Rogers of ESPN Chicago (on Twitter). Loe was designated for assignment by the Cubs earlier in the week.

So far in 2013, Loe has given up an unthinkable nine home runs in just 15 innings of work. Nearly half of the fly-balls given up by Loe this season have resulted in homers. According to Fangraphs, Loe's 47.4 percent HR/FB ratio is the third-highest single-season mark by a pitcher with at least 10 innings since the stat began being tracked in 2002. Oddly, Loe was still able to maintain his typically stellar ground-ball rate by posting a mark of 50 percent in that category.

In parts of nine seasons between the Rangers, Brewers, Mariners and Cubs, the 31-year-old Loe has a 4.46 ERA, 5.6 K/9, 2.9 BB/9 and 56.5 percent ground-ball rate.

Trade Candidate: David DeJesus

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David DeJesus is no stranger to hearing his name come up on the rumor mill. He was one of the more attractive trade chips on the July trade market in 2010 before he injured his hand and ultimately required surgery. That was poor timing for the Royals, who saw one of their best chips lose all its value. DeJesus was ultimately shipped to the A's in the offseason for Vin Mazzaro and Justin Marks — hardly the type of package they could've gotten in July when he was hitting .318/.384/.443.  DeJesus

The Cubs will soon find themselves in an uncannily similar situation with DeJesus. The 33-year-old is making $4.25MM this season with a $6.5MM club option for the 2014 season. Those salary figures are almost identical to DeJesus' $4.7MM 2010 salary and the $6MM club option included on that contract.

DeJesus is off to a strong start; he's hitting .274/.342/.500 with four homers and a pair of stolen bases. The power numbers aren't likely to continue to be so impressive, but DeJesus posted a .350 OBP last year and has turned in a .347 OBP or better in all but one season since debuting with the Royals in 2003. He's probably miscast as a center fielder at this stage of his career, but defensive metrics have typically been a fan of his work at a corner spot — particularly left field.

He's not without his warts; DeJesus used to handle left-handed pitching fairly well, but he looks to be a strict platoon player as he enters his mid-30s. He has just one hit and a walk in 12 plate appearances against southpaws this season after hitting just .149/.289/.149 in 115 PAs against same-handed pitching for the Cubs in 2012.

Assuming history doesn't repeat itself with an untimely injury for DeJesus this summer, Cubs GM Jed Hoyer will likely have an attractive trade chip on his hands. DeJesus isn't the type of name you see in blockbuster summer deals, but he's an affordable, veteran on-base machine that could be a nice boost to a contender with a weak outfield alignment. The cheap club option makes him more than a rental, and teams like the Tigers, Rangers, Giants and White Sox could all have interest in DeJesus if their current left field options continue to falter. A reunion with the Royals would actually make loads of sense, as he could platoon with Jeff Francoeur, who is hitting .205/.241/.301 against right-handed pitching but .321/.367/.429 against lefties.

DeJesus isn't an elite bat, but given his history of strong OBP numbers and an affordable club option for 2014, I'd imagine he could net at least one of a trade partner's Top 10 prospects with another respectable piece in the deal as well.

Photo courtesy of USA Today Sports Images.

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