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Transaction Retrospection: The Mark Reynolds Trade

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It's been more than two and a half years since Mark Reynolds was traded to the Orioles from the D'Backs, but it was interesting to see each of the key players in the trade pop up in headlines last week. Reynolds was designated for assignment by the Indians, while setup man David Hernandez was optioned to Triple-A Reno by the D'Backs.

Those weren't the only names involved in the trade, of course. Arizona also sent backstop John Hester to Baltimore, who sent right-hander Kameron Mickolio to the D'Backs as well. Let's take a look at each player in the deal and how they panned out with their new teams…

  • Mark Reynolds: Reynolds was 27 at the time of the trade and just a season removed from the finest year of his Major League career. In 2009, he hit .260/.349/.543 with 44 homers and 24 stolen bases in 155 games. ReynoldsWhile he led the NL in strikeouts, the breakout campaign led to lofty expectations, of which Reynolds fell very short in 2010. Reynolds followed up his monster season by hitting .198/.320/.433, prompting GM Kevin Towers to ship him to Baltimore. With the O's, Reynolds hit .221/.328/.458 with 60 homers in two seasons before being non-tendered last November. He hit a blistering .247/.352/.532 with 15 homers in the season's final 52 games last year, helping the O's stave off the Rays and earn a Wild Card berth. But in 22 postseason at-bats, he collected just three hits and struck out 10 times. Reynolds' defensive limitations outweighed his power, as Fangraphs pegged him as a below-replacement-level player in Baltimore (-0.2 WAR).
  • John Hester: Hester never appeared in a game for the O's, who ultimately released him last season. He batted .254/.324/.341 in 82 games for Triple-A Norfolk in 2011 and appeared in 10 more for Norfolk before his release and subsequent signing with the Angels.
  • David Hernandez: Hernandez was outstanding for the Snakes in 2011-12, posting a 2.94 ERA with 11.4 K/9 and 3.4 BB/9 in 137 2/3 innings. He picked up 15 saves while filling in as the closer as J.J. Putz was on the DL in those seasons as well. However, Hernandez has seen his command worsen and his swinging-strike rate drop in 2013, leading to a drop in strikeouts. He's also become increasingly homer-prone, which explains the large discrepancy between his 5.59 ERA and 4.17 xFIP. He's controlled for two more seasons after this one, so he has time to sort things out and return to his status as one of the game's best setup men. Hernandez's 3.5 fWAR from 2011-12 ranked seventh among MLB relievers.
  • Kam Mickolio: Mickolio was one of the pieces that Baltimore received in the Erik Bedard heist with Seattle, but he never caught on in Baltimore and didn't fare any better with the Diamondbacks. He appeared in just six games for Arizona in 2011, allowing five runs on 10 hits and three walks in 6 2/3 innings. He was slightly better at Triple-A, where he posted a 4.97 ERA in 58 innings with the Reno Aces. Mickolio, now 29 years old, has potentially revived his career by posting a 2.65 ERA with 7.4 K/9 and 2.4 BB/9 over his past 98 1/3 innings of relief. The only problem for Arizona is that he's done it for the Hiroshima Carp of Nippon Pro Baseball, as he was released following the 2011 season and signed in Japan.

Overall, the trade looks better for the Diamondbacks than it does the Orioles, even if neither of the key components is a factor in the clubs' current playoff pushes. Baltimore received some added pop to its lineup, but that power came at the expense of Reynolds' poor defense, limiting his overall value to the team. Shedding Reynolds' remaining $13MM in salary was a win for Arizona looks now to have been a victory in its own right, and Hernandez's presence tips the scale in their favor rather decisively, even if he never regains the form he showed in his age 26-27 seasons.

Click here for more entries in the Transaction Retrospection series, and remember that you can use MLBTR's Transaction Tracker to look back on trades and analyze them at any time. Photo courtesy of USA Today Sports Images.

Minor Moves: Jake Fox, Francisley Bueno

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Here are Sunday’s minor moves from around MLB:

  • The Diamondbacks have signed 1B/OF/C Jake Fox, Fox writes on Facebook. Fox has been assigned to Triple-A Reno. He had been playing for the independent Somerset Patriots, for whom hit .310/.387/.572 in 2013, with 25 home runs in 374 at bats. Fox played in the Pirates and Phillies systems in 2012, and last appeared in the Majors with the Orioles in 2011.
  • The Royals have announced, via Twitter, they have optioned left-hander Francisley Bueno to Triple-A Omaha. The 32-year-old was designated for assignment yesterday less than 24 hours after making his season debut with 2 1/3 innings of one-hit relief against the Red Sox. Bueno has excelled at Triple-A this year posting a 2.93 ERA with 7.3 K/9 and 3.1 BB/9 in 31 games (one start) covering 58 1/3 innings.

Charlie Wilmoth contributed to this post.

Diamondbacks Promote Matt Davidson

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The Diamondbacks have promoted third baseman Matt Davidson, according to Keith Law of ESPN.com (on Twitter).  The California native, who has been considered a top prospect for the last few years, was taken with the 35th overall pick in the 2009 draft by Arizona.

Davidson was ranked as the 70th best prospect heading into 2013 by Jonathan Mayo of MLB.com, No. 75 by Keith Law of ESPN.com, and No. 88 by Baseball America.  This season was Davidson's first at the Triple-A level and he has looked strong thus far, hitting .278/.348/.484 with 16 homers in 466 plate appearances.

The 22-year-old was rated as the top power hitter in the D'Backs' system and their fifth best prospect overall.  BA notes that while he has an issue with strikeouts and probably won't blossom into a high average hitter, he has the ability to drive the ball deep and to all fields when he isn't pressing.

As an August promotion, Davidson will be clear of the Super Two cutoff, meaning he will only be eligible for arbitration three times if he sticks with the varsity squad.  Staying with the big league club would mean that he will be controlled through the 2019 season.

Poll: How Will The D’Backs Finish?

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You may remember the Diamondbacks' last trip to the postseason in 2011 when they finished with a 94-68 mark and took the division before getting bounced in five games by the Brewers.  Their last playoff cameo before that?  It was in 2007 when they captured the NL West crown and made quick work of the Cubs in the opening round before they got the favor returned to them by the Rockies in the NLCS.  As it stands in 2013, the Diamondbacks are a 6.5 games back of the red-hot Dodgers and are 4.5 games back of the Reds for the final Wild Card spot.

Arizona was in need of a bullpen boost heading into the trade deadline this year and while they got themselves a left-hander in Joe Thatcher, it didn't come cheap.  Landing the LOOGY from San Diego meant parting ways with 28-year-old Ian Kennedy, a starter who is under club control through 2015 as an arbitration eligible player.  Whether you like that deal for the D'Backs in the long-term (many don't), it should only help improve things for them this year as their rotational depth made Kennedy fairly expendable.  So far, Thatcher has surrendered just one hit across four relief appearances for Arizona. 

If the playoffs started today, the Diamondbacks would be the best National League club to be left on the outside looking in.  Of course, there's still plenty of time left for the Diamondbacks to make up ground as well.  How do you see the rest of this season playing out for Arizona? 

Rosenthal On Norris, Lincecum, Rios, Utley

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Let's take a look at the latest from FOX Sports' Ken Rosenthal in this week's edition of Full Count:

  • The Diamondbacks were the runner-up among teams vying to acquire Bud Norris from the Astros. The Snakes planned to keep Norris in the rotation for the remainder of the season, then shift him to the bullpen through the end of his contract, Rosenthal says, noting the team's wealth of young starting pitching and contracts for relievers Heath Bell and J.J. Putz that will expire after 2014. However, the Orioles were able to offer Houston the superior compensation pick.
  • Tim Lincecum is pushing his free agent stock up with his recent run of strong starts, but the Giants haven't initiated contract talks yet with the hurler. An executive cited by Rosenthal pegged a potential deal for Lincecum in the three-year range with a $13MM-14MM annual salary. Though that initially appears high considering the right hander's poor performance last year and at the beginning of this one, the qualifying offer the Giants are likely to extend will probably be in the same $13MM-14MM range.
  • Though the White Sox weren't able to find a taker for Alex Rios' contract before the deadline, Nelson Cruz's suspension changed the thinking in the Rangers' front office, according to Rosenthal. Texas was previously asking for significant cash back in any trade, while the Pirates weren't even interested enough to discuss specific names, Rosenthal reports. However, the Sox will likely eventually get infielder Leury Garcia from their deal with the Rangers, which could give them the flexibility to trade either second baseman Gordon Beckham or shortstop Alexei Ramirez. 
  • The dearth of hitters reaching the open market could have made Chase Utley quite popular in free agency. Rosenthal cites the Dodgers, Athletics and Orioles as potential suitors. The two years and $27MM of guaranteed salary that Utley received from the Phillies is comparable to guarantees that David Ortiz, Torii Hunter and Carlos Beltran got in free agency, Rosenthal notes.

Quick Hits: Declining Prospects, Waivers, Phillies, Valdespin

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In his latest Insider-only piece for ESPN, Keith Law examines some of the prospects whose stock has fallen this season due to poor performance and diminished tools. Cleveland's Trevor Bauer and Kansas City's Bubba Starling are the first mentioned on Law's list of eight. Here's more from around the league…

  • Rangers general manager Jon Daniels appeared on the Inside Pitch show with MLB Network Radio's Jim Bowden today and told him that teams are waiting longer to place players on waivers in August in recent years. Teams are waiting for there to be fewer buyers before attempting to sneak players through waivers, he elaborated (Twitter links).
  • The bullpen will once again be an area of focus for Phillies GM Ruben Amaro Jr. this offseason, writes Matt Gelb of the Philadelphia Inquirer. Gelb examines the struggles the Phillies have had in developing relievers, noting that Ryan Madson and Antonio Bastardo have been the only two reliable bullpen arms developed in-house by the Phils over the past decade.
  • The Mets have given no consideration to releasing troubled utility man Jordany Valdespin in light of his 50-game suspension and recent temper issues, GM Sandy Alderson told MLB.com's Anthony DiComo (Twitter link).
  • Nick Piecoro of the Arizona Republic spoke with new Diamondbacks reliever Matt Stites about his inclusion in last week's Ian Kennedy trade. Stites is likely done for the season after an emergency appendectomy, but the Snakes have high hopes that he will be a big factor in their bullpen for years to come, writes Piecoro.

D’backs Designate Then Option Tony Sipp To Triple-A

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3:35pm: The Diamondbacks have tweeted Sipp has been optioned to Triple-A Reno.

10:22 am: The Diamondbacks have designated Tony Sipp for assignment, according to Nick Piecoro of the Arizona Republic (via Twitter).  The move will create roster space for right-hander Brandon McCarthy.

Sipp, 30, had a 3.86 ERA on the year with 10.2 K/9, 5.0 BB/9, 1.10 HR/9, and 28.1% groundball rate in 32 2/3 innings this season.  He was drafted in the 45th round by the Indians in '04, joining Arizona in the December 2012 three-team deal involving Shin-Soo Choo, Drew Stubbs, Didi Gregorius, Trevor Bauer, and others.

July Trade Recap: NL West

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As we continue to recap the July 2013 trade period, the focus shifts to the National League. We'll start things off with the NL West:

Diamondbacks

Dodgers

Giants

Padres

  • Acquired right-handed starter Ian Kennedy from the Diamondbacks in exchange for left-handed reliever Joe Thatcher, righty Matt Stites, and a 2014 Competitive Balance pick (Round B).

Rockies

Synopsis

With crickets chirping all around baseball, the NL West certainly played its part in keeping down the trade volume. Most of the above-listed deals involved minor leaguers.

Of course, the Diamondbacks and Padres did pull off one of this year's most interesting swaps. On its face, the Ian Kennedy trade seems backwards, with second-place Arizona sending fading San Diego an established (albeit struggling) starter to acquire a LOOGY, an underwhelming relief prospect, and a competitive balance pick. The deal starts to make more sense when you consider the D-backs' starting depth and Kennedy's underperformance and rising arbitration salary. Nevertheless, as MLBTR's Tim Dierkes explained earlier today, Kennedy is a 28-year-old, cost-controlled, former Cy Young-contending starter who still possesses substantial upside. While Thatcher promises to deliver some value out of the Arizona pen, the most fascinating aspect of this deal will be watching to see whether Kennedy makes the Diamondbacks look foolish for giving up on him over the coming seasons.

On the seller side of the ledger, the division was notable for the absence of deals. The Giants, along with the above-noted Padres, both had various pieces that seemed ticketed for more promising clubs. With the Pads opting to hold onto reliever Luke Gregerson, and the Giants failing to deal any of their potential chips (such as pending free agents Javier Lopez, Tim Lincecum, and Hunter Pence), there was no influx of young talent to the bottom of the standings. Likewise, the Rockies opted to pick up a few minor pieces earlier in the month, but refrained from any major moves in either direction. 

In large part, the inaction of these clubs makes sense. The Giants are fresh off of a World Series victory and have the pieces to put together an above-average team next year. The club apparently intends to bring back Javier Lopez and make qualifying offers to Lincecum and Pence. It is understandable that San Francisco would choose to keep a competitive roster together in the meantime while making those plans for the future. 

In a different way, the Padres and Rockies had valid reasons to stand pat. Neither is so far out of the picture that a late run is out of the question. More importantly, both clubs have their share of young, big league talent that could continue to emerge in the near future. The pieces most recently discussed as trade possibilities from these teams — players like the Padres' Gregerson and Carlos Quentin, and the Rockies' Michael Cuddyer and Josh Outman — are all valuable big leaguers that are under team control beyond this season. If these clubs hope to contend over the next two seasons, it made sense to retain these assets. Moreover, none seemed likely to bring back anything close to a sure prospect.

Wait, did we forget a team? After a seemingly endless run of major moves, even the Dodgers were relatively quiet this year. Of course, Los Angeles did manage to make the most significant addition among the division contenders when it picked up Nolasco from the Marlins earlier this month. With the addition of Nolasco and the upswing in the team's overall health and performance, there were no glaring needs to address on deadline day. As it turned out, the biggest move the Dodgers made in the final run-up to the deadline was signing former closer Brian Wilson.

Orioles Making Progress On Deal For Bud Norris

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Reports this morning have indicated that the Orioles are still in on Bud Norris, who is controllable through 2015 via arbitration. Norris has been one of the most talked about players leading up to this season’s deadline. Here’s the latest on the 28-year-old…

  • The Orioles are making progress on a trade for Norris, according to Ken Rosenthal of FOX Sports (on Twitter).

Earlier Updates

  • The Orioles are still in the mix for Norris, while the Giants are doubtful, tweets Stark.
  • Talks for Norris have accelerated in the past hour, and the Pirates, D’Backs and Orioles have been in contact, according to Ken Rosenthal of FOX Sports (Twitter link).
  • ESPN’s Jayson Stark tweets that the odds of a Norris trade are up to 75 percent, and multiple teams are still involved.
  • The D’Backs are a “distant maybe” for Norris at this point, tweets Jon Heyman of CBS Sports.
  • Knobler also tweets that the Indians have had some recent talks with the Astros regarding Norris, though it’s not clear how strong their interest is. Cleveland is reportedly working hard to acquire a starter.
  • The Rangers have interest in acquiring Norris, possibly for the purpose of flipping him for a hitter, according to Danny Knobler of CBS Sports (Twitter link).
  • The Braves have indeed jumped into the mix, according to Jeff Passan of Yahoo Sports (on Twitter). The Orioles, Pirates and D’Backs remain possibilities, and there’s a general sense that Norris will be dealt, adds Passan.
  • Ken Rosenthal of FOX Sports disagrees, reporting that the Braves aren’t in on Norris and never have been (Twitter link). MLB.com’s Mark Bowman tweets a similar report.
  • Rob Biertempfel of the Pittsburgh Tribune-Review tweets that the Pirates have the interest and ability to put together a package of lower-level prospects if that type of return interests Astros GM Jeff Luhnow.
  • The Giants and Pirates continue to show a lot of interest in Norris, while the Rangers and D’Backs are in the background as well, according to Peter Gammons of the MLB Network (Twitter link).
  • The Astros need to lower their asking price on Norris significantly for the Orioles to be serious players, according to Roch Kubatko of MASNsports.com (Twitter link).
  • Brian T. Smith of the Houston Chronicle writes that the Astros have standing offers for Norris but are hoping someone ups their bid as the deadline nears. The Pirates, Orioles and Diamondbacks have shown interest, and a fourth team is in the mix as well. Offers to this point “have been pretty soft,” Smith adds.
  • The Astros appear to be collecting their final offers for Norris, tweets ESPN’s Jayson Stark. The Giants could be a dark horse for Norris, and the Orioles are in the mix, according to Stark.
  • Interest in Norris is picking up, according to Nick Cafardo of the Boston Globe (on Twitter). The Orioles are in the mix, and Cafardo reports that the Braves have re-joined the talks as well.
  • The Diamondbacks and Pirates don’t seem to be aggressively pursuing Norris, according to Jon Heyman of CBS Sports (on Twitter). Heyman notes that there’s a chance the Astros hang onto Norris.

Padres Acquire Ian Kennedy

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The Padres have bolstered their rotation for the present and future, acquiring righty Ian Kennedy from the division rival Diamondbacks for lefty reliever Joe Thatcher, Double-A reliever Matt Stites, and a compensation round B draft pick, according to a tweet from MLB.com's Corey Brock.  It's a surprisingly light haul for Kennedy, a 28-year-old who is under team control through 2015 as an arbitration eligible player.

USATSI_7329036

Drafted 21st overall by the Yankees in '06, Kennedy joined Arizona in the December 2009 three-team trade with the Yanks and Tigers, at a time when Josh Byrnes was the Diamondbacks' GM.  Byrnes was fired the following year and later landed the GM job in San Diego, while Kevin Towers took over for Arizona.  Clearly, Byrnes has an affinity for Kennedy, who tossed 624 1/3 regular season innings from 2010-12 with a 3.55 ERA and finished fourth in the NL Cy Young voting back in 2011.  Kennedy's walk rate worsened this year, en route to a 5.23 ERA in 124 frames.  His skills suggest something closer to 4.00 moving forward.  As a fly-ball pitcher, Kennedy will likely benefit tremendously from leaving the hitter-friendly Chase Field to a more pitcher-friendly stadium in Petco Park.

Thatcher is a useful left-handed specialist who joined the Padres in a July 2007 trade brokered by Towers.  The 31-year-old has a 2.10 ERA, 8.7 K/9, 1.2 BB/9, 0.90 HR/9, and 42.4% groundball rate in 30 innings this year.  He's faced 70 lefty batters and held them to a .212/.257/.231 line.  Earning $1.35MM this year, Thatcher is under team control through 2014 as an arbitration eligible player.

Stites, a 23-year-old reliever, has a 2.08 ERA, 8.8 K/9, 1.4 BB/9, and 1.04 HR/9 in 52 Double-A innings this year.  Prior to the season Baseball America ranked the 5'11" Stites 27th among Padres prospects.

To clear space on the 40-man roster following the trade, the D'Backs have outrighted Nate Adcock to Triple-A Reno, according to Nick Piecoro of the Arizona Republic (on Twitter).

The draft pick headed to the D'Backs is San Diego's competitive balance lottery pick, which is the first pick of Comp Round B (between the second and third rounds). As such, it will likely fall in the 70 to 75 range; Comp Round B consisted of picks 69 to 73 in this year's draft. Those picks carried assigned values of between $808K and $759K, according to Baseball America.

Towers and the Diamondbacks clearly thought Kennedy to be expendable with Trevor Cahill and Brandon McCarthy on the mend and Archie Bradley in the minor leagues. Kennedy scored a near-record $4.265MM salary for 2013, his first arbitration year.  MLBTR contributor Matt Swartz projects a mild raise to the $5.9MM range for 2014, so there's a financial element to the trade as well. Still, it seems to be an underwhelming return for a pitcher with Kennedy's upside, even in a down season.

As shown in MLBTR's Transaction Tracker, Towers and Byrnes have connected on a pair of past deals for Tony Clark and Scott Hairston back in 2008 and 2007, respectively.

Photo courtesy of USA Today Sports Images.

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