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Rockies Sign Gerardo Parra

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The Rockies have officially announced a three-year, $27.5MM deal with outfielder Gerardo Parra. The contract includes a club option for a fourth year at $12MM, which comes with a $1.5MM buyout.

Parra, a client of Octagon, will earn $26MM over the first three years of the deal. He gets $8MM for the coming season, $8MM again in 2017, and then $10MM in the final season.

In Parra, who’ll turn 29 early in the season, the Rox will pick up a young, athletic player whose performance has been somewhat difficult to judge. As I explained in late August of last year, a huge first-half performance (combined with his age) made a four-year guarantee and/or ten-plus-million AAV seem plausible at one point.

But Parra tailed off down the stretch, ending the year with a .291/.328/.452 slash. That’s still good, of course, but is hardly the breakout that had seemed in the offing as of late summer. And he’s been more of an average to slightly-below-average offensive producer for most of his career. It’s worth noting, too, that the left-handed-hitting Parra has also tended to carry significant platoon splits.

It’s at least as hard to peg Parra from a defensive perspective. He became something of a sabermetric darling back in 2013, when he turned in a monster year with the glove (29.5 UZR, 41 DRS). That had followed several years of above-average metrics, seeming to suggest that Parra was one of the game’s best corner outfielders (if not also a good center fielder as well). But both of those major defensive rating systems have identified a significant drop-off in each of the last two seasons, with Parra rating as a well-below-average performer last season.

Ultimately, the contract comes in just shy of the three-year, $27MM prediction made by MLBTR’s Tim Dierkes before the hot stove kicked into gear this winter. While Parra always seemed to occupy a nice niche in this market, drawing wide appeal with his sturdy reputation and lower price tag, it is still notable that he was able to meet expectations despite the fact that the position-player market has been slow to develop.

Obviously, it’s an interesting strategy for Colorado to pursue, as the team could certainly have relied on its in-house options for the coming season. Parra will join a depth chart that already features left-handed-hitting outfielders Carlos Gonzalez, Charlie Blackmon, and Corey Dickerson, possibly suggesting that one of those players could end up on the move. Certainly, it’s not a minor signing for this organization, which hadn’t given out a deal of this magnitude since the pre-2012 Michael Cuddyer contract.

Signing a replacement for one of the team’s incumbent bats, in concert with a trade to acquire pitching, has long seemed an intriguing possibility, and it could be that GM Jeff Bridich is employing just such an approach here. He addressed that general concept in a recent interview on the MLBTR Podcast (at about the 13-minute mark), saying that it could be “part of a strategy” but noting that it’s still “incumbent upon us to know when a good baseball trade is a good baseball trade” — regardless of which direction the pitchers and position players were headed.

Wilmer Reina of Diario la Verdad (Twitter links) and Jon Heyman (via Twitter) first reported the signing and its essential terms. Ken Rosenthal added the annual breakdown on Twitter.

Gerardo Parra Seeking Three-Year Deal; Rockies, Two Others In Mix

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7:43pm: The Angels are not one of the three finalists in on Parra, Jeff Fletcher of the Orange County Register tweets. But Parra’s destination still has an impact for Los Angeles, per the report, as the team would have interest in Blackmon if he becomes available.

1:01pm: The Rockies are among three teams currently in the mix for free-agent outfielder Gerardo Parra, his agent, Jose Mijares(not to be confused with the pitcher of the same name) of Octagon tells MLB.com’s Thomas Harding. Parra hopes to reach a decision within the “next couple days,” his agent added when speaking to Harding. Patrick Saunders of the Denver Post adds that Mijares said Parra is seeking a three-year deal.

Colorado has been connected to Parra on multiple occasions over the past week, with Jon Heyman originally indicating that the Rox were a “serious” suitor for the 28-year-old outfielder. It’s not certain which other teams are in the mix at this point, though Parra has also been prominently linked to the Angels and Nationals recently. The Nationals have long been seeking a left-handed-hitting outfielder, but they may have satisfied that need with the weekend addition of Ben Revere (who came over in a swap that sent Drew Storen to Toronto). The Royals were also said to have interest at one point, although Kansas City re-signed Alex Gordon last week. Dennis Lin of the San Diego Union-Tribune tweets that the Padres aren’t in the mix for Parra despite a potential opening in left field.

Parra is coming off a season that featured mixed results. He opened 2015 in Milwaukee and was on pace for a career year, slashing .328/.369/.517 in 351 plate appearances for the Brewers. That excellent production led the Orioles to part with one of their top pitching prospects, right-hander Zach Davies, in order to acquire Parra prior to the non-waiver trade deadline. Parra maintained his brilliant offensive production through his first two weeks with Baltimore, logging an .840 OPS and cracking three homers in 66 trips to the plate. His season went into a swan dive from that point on, however, as he batted a meager .215/.237/.307 over his final 41 games/172 plate appearances. While a notable BABIP spike (.372) inflated his numbers with the Brewers, he fell victim to the opposite swing of the pendulum down the stretch, BABIPing just .243 over the life of that slump. His overall batting line still represented the best of his career, although declining defensive metrics have dragged down his WAR totals despite increased production at the dish.

At one point this offseason, Parra was reported to have received multiple three-year offers, though that came more than a month ago, and it’s not clear to what degree his asking price and/or the offers he has received have changed (if at all). Parra’s ultimate landing spot holds a fair amount of intrigue given the potentially broad range of ramifications his addition could have.

If, for instance, the Rockies’ interest is earnest and the team does end up landing its former division rival (Parra spent parts of six seasons with the D-backs), one would have to imagine the agreement would increase the likelihood of a trade in Denver. The Rockies, after all, already have three left-handed-hitting outfielders in the form of Corey Dickerson, Charlie Blackmon and Carlos Gonzalez, leaving them without the opportunity to deploy Parra as a platoon mate for any of the three. Gonzalez is the most frequently mentioned trade candidate of the bunch in large part because he’s controllable for a shorter period of time (two years) than either Blackmon (three years) or Dickerson (four years). With $37MM owed to Gonzalez over the span of those two seasons, he’s also far and away the most expensive asset the Rockies currently have in the outfield.

The Angels, on the other hand, currently project to utilize a combination of Craig Gentry and Daniel Nava in left field, giving them room for an upgrade of their own. Anaheim has, in the past, been frequently linked to left-handed bats, and Parra would fill that need for the team. However, signing Parra would almost certainly put the Angels over the luxury tax threshold, barring some form of trade, and owner Arte Moreno reportedly does not wish to exceed that $189MM capacity. (Remember, too, that luxury tax penalties are calculated based on the average annual value of a contract and not the yearly payroll, so heavily backloading a deal would not spare the Halos of that consequence.)

Of course, other teams do make varying degrees of sense as theoretical destinations. The Orioles still have a need in the corner outfield, though they previously were said to prefer a two-year deal. The Indians could certainly use an upgrade in the outfield corners, particularly with Michael Brantley slated to open the season on the disabled list. Likewise, the White Sox have been tied to upgrades but have been reluctant to go near the asking prices set forth by Justin Upton and Yoenis Cespedes. The Cardinals made a strong run at retaining Jason Heyward, so one can assume they have at least an openness to corner outfield additions, even if it’s not a pressing need. And the Tigers, too, have been tied to left-field upgrades, though Parra wasn’t listed earlier today in a report indicating many of the names they’ve discussed.

Market Notes: Davis, Parra, Angels, Span

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Scott Boras is “pushing to create options” for his power-hitting client, Chris Davis, according to ESPN.com’s Buster Olney (via Twitter). Per Olney, Boras has been “selling” teams on Davis’s ability to be an everyday corner outfielder as well as a first baseman. We’ve heard that suggestion previously, of course — including from Boras himself — but it’s certainly interesting to hear that the super-agent is still pressing the concept this late in the offseason.

Here’s more on the free agent market:

  • We’ve heard that the Rockies have continued interest in Gerardo Parra, with Jon Heyman saying yesterday that the team is pushing to add him. Indeed, says Chris Cotillo of SB Nation, Colorado is aggressively pursuing the veteran outfielder. (Twitter links.) The Nationals and Angels are among the other teams that are at least dabbling in Parra’s market, he adds. Obviously, a signing by Colorado would be doubly interesting, as it could suggest that the team is lining up a deal involving one of its incumbents.
  • Jeff Fletcher of the Orange County Register, on the other hand, hears that the Angels are “still not really involved” in the top of the free agent outfield market. (Twitter link.) That includes Parra as well as players like Justin Upton, Yoenis Cespedes, and Dexter Fowler. Fletcher adds that he sees a trade for a lower-cost option, such as Charlie Blackmon of the Rockies, to be a more realistic outcome.
  • Denard Span said in his introductory press conference today that he feels good and is well on track to be at full speed this spring, as CSN Bay Area’s Alex Pavlovic reports. He chose San Francisco, per Boras (who is also his agent), because the team met his three-year ask and were “a priority because of the fit for them and the fit for Denard.” Club CEO Larry Baer, meanwhile, said that “Denard has been on our radar for a long time.“
  • Span drew real interest from the Orioles, according to Roch Kubatko of MASNsports.com, but Baltimore was never going to guarantee more than a single season. Unsurprisingly, the O’s weren’t alone in that regard, as Boras says that fully eleven teams had interest in Span on a one-year arrangement, as Andrew Baggarly of the Mercury News reports.

NL West Notes: Span, Giants, Maeda, Parra, Rea

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The Giants expect to install Denard Span in center field and at the top of the lineup, pushing Angel Pagan to left, Andrew Baggarly of the Mercury News writes, Having added Span, moreover, San Francisco appears not to be involved in the rest of the outfield market, according to Baggarly (via Twitter). Indeed, it’s not even clear that the team was looking elsewhere recently. Though Jon Morosi of FOX Sports had tweeted yesterday that the club was interested in Justin Upton and Yoenis Cespedes, Bob Nightengale of USA Today said after the Span signing (via Twitter) that the organization “never considered” a long-term arrangement with either player before locking up Span.

Here’s more from the NL West:

  • While all involved acknowledged that the MRI results led to Kenta Maeda signing a lighter-than-expected deal with the Dodgers, club president of baseball operations Andrew Friedman says that the righty is “totally asymptomatic,” as Bill Shaikin of the Los Angeles Times reports (Twitter links). The concerning results were not discovered during a team physical after a deal, Shaikin adds, but were apparent from the medicals submitted by Maeda to all MLB teams — which may explain why his market was so quiet.
  • The Rockies are “making a push” for free agent outfielder Gerardo Parra, Jon Heyman reports on Twitter, though they aren’t alone. He previously noted Colorado’s interest, which would seem to make the most sense if the club is prepared to ship out one of its current starting outfielders.
  • Padres righty Colin Rea moved quickly to reach the majors last year, and MLB.com’s Corey Brock writes that he’s looking forward to competing for a rotation spot this spring. Rea, 25, did end up being shutdown with elbow/forearm soreness, though he says that was precautionary.

Quick Hits: Buehrle, Rodney, Nationals, Rangers, White Sox, Uggla

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Free agent left-hander Mark Buehrle is not planning on playing in 2016 at this time, though the veteran isn’t yet prepared to announce his retirement from baseball, either, according to SB Nation’s Chris Cotillo (Twitter link). The soon-to-be 37-year-old’s future has been a debated topic in the past, as some reports indicated that he was planning to retire before Buehrle himself told ESPN Chicago’s Doug Padilla back in October that he’d yet to make a decision on the matter. Another report indicated that if Buehrle were to pitch in 2016, it’d most likely happen if St. Louis showed interest in the Missouri native. Buehrle’s 2015 season wasn’t as strong as his 2014 season, but he nonetheless recorded a solid 3.81 ERA across 198 2/3 innings. That final innings tally left him just four outs shy of recording his remarkable 15th consecutive season of 200+ innings.

A few more notes from around the league…

  • Cotillo also tweets that right-hander Fernando Rodney is in “active talks” with multiple clubs, noting that the Padres, Blue Jays, Diamondbacks and Cubs are all in the mix at this time. San Diego, Chicago and Toronto have previously been linked to Rodney, though Arizona would seem to represent a fairly new entrant into his market. Rodney had a dreadful season with the Mariners in 2015 but turned it around following a trade to the Cubs, yielding just one earned run in 12 innings with a 15-to-4 K/BB ratio down the stretch (Rodney did, however, also plunk three batters in his brief Cubs tenure).
  • We’ve heard about the Nationals’ interest in Gerardo Parra before, and James Wagner of the Washington Post writes that it’s still alive. GM Mike Rizzo was Arizona’s scouting director when the club signed Parra, and the Nats also tried to acquire him from the Brewers this summer, Wagner reminds. Wagner notes that Parra’s so-so OBP and declining defensive ratings make him a questionable fit in Washington, but the team’s goal remains adding some outfield depth to protect against injuries to Jayson Werth and uncertainty surrounding the talented but raw Michael A. Taylor. Wagner opines that from a purely speculative standpoint, Shane Victorino makes some sense for the Nationals as a player who can cover the outfield corners and play center in a pinch if need be.
  • Jeff Wilson of the Fort Worth Star-Telegram writes that Rangers fans shouldn’t expect to see Justin Upton, Yoenis Cespedes or Yovani Gallardo in a Rangers uniform next season, as the team doesn’t have the payroll capacity to add any of the three. A trade for Marcell Ozuna is also unlikely, per Wilson, though the Rangers do still hope to add some rotation depth before the offseason is up. GM Jon Daniels tells Wilson that there are still some affordable names on the open market that have piqued the Rangers’ interest. Wilson also notes that Colby Lewis’ physical — the final step before his reported one-year, $6MM contract becomes official — is slated for next Monday.
  • The White Sox aren’t in a rush to add a big-ticket outfielder to the mix, writes MLB.com’s Scott Merkin. The Sox “seem content to wait and ensure that any free-agent deal would fit their need and parameters,” he continues, writing that it’s likely that Upton and Cespedes will eventually be offered more years and dollars than the ChiSox care to place on the table.
  • Dan Uggla has spoken to three or four teams that are eyeing infield depth, Cotillo tweets. Uggla is set to turn 36 this March and is coming off a season in which he batted just .183/.298/.300 in 141 plate appearances with the Nationals, so any contract to which he agrees figures to be of the minor league variety.
  • Zach Buchanan of the Arizona Republic spoke to executives and scouts from each league to ask which NL West division rival has the better pitching staff heading into the 2016 season: the D-backs or the Giants. While the officials to whom Buchanan spoke seemed to agree that, in a vacuum, the D-backs made more impactful acquisitions this offseason (referring to Zack Greinke and Shelby Miller in comparison to Johnny Cueto and Jeff Samardzija), when factoring in the cost of said acquisitions, there’s an argument to be made for the Giants’ side of the equation. Buchanan also polled officials on which club’s top three starters were more impressive, adding lefties Patrick Corbin and Madison Bumgarner to the mix, which generated mixed responses.

Latest On Alex Gordon, Royals

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While it seemed not long ago that the Royals’ pursuit of Alex Gordon would not be fruitful, Gordon himself suggested there was still hope of a reunion. And it appears now there could be renewed vitality in talks between the sides. Here’s the latest:

  • Among other clubs around the league, there is an “increasingly strong sentiment” that Gordon could be heading back to K.C., Jeff Passan of Yahoo Sports reports on Twitter. In fact, something could come together soon, Passan suggests. There had reportedly been a wide gulf between the sides in terms of years and dollars. If a deal is indeed struck, it will obviously be fascinating to see whether one side budged from its position or whether common ground was struck.
  • The Royals “still would love” to bring back their homegrown star, Jon Heyman tweeted last night. But Kansas City is still keeping its options open, of course. That includes a variety of other free agents, including Gerardo Parra, Denard Span, Dexter Fowler, and David Murphy, according to the report.

Outfield Notes: Angels, Upton, Cespedes, Parra, Span

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The Angels are still in the outfield market, but it’s not clear whether the team will strongly pursue the top available options, as MLB.com’s Alden Gonzalez reports. A source tells Gonzalez that owner Arte Moreno remains unwilling to exceed the luxury line, meaning that the team would not have the payroll capacity for a major addition — at least without trimming existing salary first. When asked whether the team was looking at a major addition or less expensive move, GM Billy Eppler responded: “I don’t think you look to do one and not the other. I think you’re constantly looking to do both. Your circumstances and timing might dictate what you can and cannot do, but I think you should always be looking to do both.” Meanwhile, Eppler noted that the team is not committed to platooning Craig Gentry and Daniel Nava in left field, saying that “we’re not at that point yet.”

Here’s more on the market for outfielders, which remains chock full of major names:

  • Top free agents Justin Upton and Yoenis Cespedes have seen increased interest in the new year, according to ESPN.com’s Jim Bowden (Insider link). But both are still waiting to see what happens with Chris Davis, per the report, as their representatives see the Orioles as a plausible landing spot if the club does not land Davis.
  • The Nationals have continued interest in free agent Gerardo Parra and have been in contact with him, MLB.com’s Bill Ladson writes. Washington has long been connected with the veteran, who would presumably share time with the aging Jayson Werth and unproven youngster Michael Taylor if signed.
  • Former Nats center fielder Denard Span could still be considered for a return to D.C., but durability obviously remains a major concern. Meanwhile, he’ll surely aim for a full-time role. The veteran is set to show off his recovery from surgery at some point this month, but gave a preview recently on his Twitter account. From the video available at that link, Span looks to be moving well and is obviously progressing after the hip procedure. In spite of the risk, he ought to hold plenty of appeal given the high level of production he’s carried recently when healthy.

Cafardo On Free Agency, Miller, Melancon, Parra

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Here are a few highlights from the latest column by Nick Cafardo of the Boston Globe:

  • Cafardo begins with a discussion of why many of the top available hitters on the free agent market haven’t signed yet (a question we also discussed a bit today). Cafardo quotes Orioles executive vice president Dan Duquette, who argues that part of the problem might be a reluctance to spend big given the spotty history of “mega-deals” for hitters. Cafardo notes, however, that there are a number of teams with holes, and that the likes of Justin Upton, Yoenis Cespedes Chris Davis and Alex Gordon are ultimately likely to get their “mega-deals” from someone.
  • The Yankees have been asking for a top young starter in return for Andrew Miller. Teams haven’t been willing to meet that price, so it seems likely the Yankees will keep him. (Yankees exec Brian Cashman has already said he intends to keep Miller.)
  • Another top reliever who might be staying put is Mark Melancon, Cafardo writes. The Pirates have made Melancon (who will be paid handsomely in his last year before free agency eligibility) available, but thus far he’s still with the Bucs.
  • From a statistical perspective, Gerardo Parra’s defense has taken enormous steps backward in the past two years — UZR, for example, had him at +31.1 runs in 2013 and -18.1 runs last season, while Defensive Runs Saved had him dropping from 41 runs to -10 over that period. But scouts aren’t convinced those numbers represent a real change in his abilities, Cafardo writes. “He’s still one of the best defensive outfielders in the game,” says an AL scout. “He takes very good routes to balls, and as a pitcher or manager, you feel comfortable with him out there.” The Rockies and Royals seem like possibilities for Parra.

Heyman On Cespedes, Parra, Davis

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There could be more great star free agents still available as we head into the New Year than ever before, in the estimation of CBSSports.com’s Jon Heyman. The question now is – where will they land?  Here’s the latest from Heyman:

  • Angels owner Arte Moreno has indicated that he’s not going to make a major free agent splash between now and Opening Day, but Heyman hears that the Halos have been in contact with Yoenis Cespedes, Justin Upton and perhaps Alex Gordon as well.  It’s not clear how serious they are about signing one of the three, however.
  • Gerardo Parra is said to have “seven or eight” teams in on him and the Rockies are in “serious” pursuit.  Colorado has been considering trades involving Carlos Gonzalez and their other outfielders, so a Parra signing could be a part of a serious outfield overhaul for them.  Parra slashed .291/.328/.452 in 2015 and he boasts a strong reputation as a defensive outfielder, though his fielding statistics took a big step backward last season.  The Royals are also known to have interest.
  • When asked about free agent slugger Chris Davis, one person connected to the Astros said the player is “not in our plans.”  Davis would be a strong fit for Houston, in theory, but he is out of their price range.  The 29-year-old Davis is the top power bat on the open market, as he has led the Majors in homers over the past three seasons.
  • When approached, the Yankees asked the Astros for Lance McCullers Jr. in exchange for Andrew Miller, and Houston quickly rebuffed that attempt.  The Yankees are seeking a No. 1 pitcher in order to part with Miller, so it seems unlikely that he’ll go anywhere.
  • Word is that new Yankees reliever Aroldis Chapman is unlikely to serve a lengthy suspension for his alleged domestic violence incident.  Heyman reasons that the Bombers wouldn’t have made the deal if they felt that Chapman was in store for a long ban.
  • The Padres still need a shortstop but one person with Padres connections wondered whether an investment of  “$60MM to $70MM” (his estimate) made sense for them given that they are not expected to contend this year. However, Heyman notes that president Mike Dee and GM A.J. Preller are aggressive and they might not want to pass up on the chance to ink a player like Desmond at a sensible number.  Heyman also IDs the Rockies and White Sox as dark horse teams for Desmond.
  • The Cardinals were another club that downplayed the possibility of a major move, but GM John Mozeliak went out and signed Mike Leake after publicly stating that he wasn’t going to make any “dynamic” moves.  Could they have another significant move in store?  Heyman has heard buzz that the Cards may also be looking again at a big bat at first or in the outfield.
  • When asked about the possibility of Cespedes, one Nationals-connected person said, “Probably not, at least not at the moment.”  That doesn’t make a signing likely by any means, but it also doesn’t rule out a pursuit.
  • There are still “about six to seven teams involved” when it comes to Cespedes, Heyman writes.
  • The Dodgers are still looking around after signing Scott Kazmir, so they are not out on Japanese star Kenta Maeda.  The Yankees, meanwhile, can be crossed off the list as they are not interested.  Maeda, 28 in April, is widely considered to be one of the best pitchers in Japan. He just wrapped up a season in which he pitched to a 2.09 ERA with 7.6 K/9 against 1.8 BB/9 across 206 1/3 innings, marking his sixth consecutive season with an earned run average of 2.60 or better.
  • Marlins president president David Samson contends that owner Jeffrey Loria still has “no interest” in selling the club.

Quick Hits: Shapiro, Kendrick, Chapman, Parra

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Mark Shapiro’s tenure as president of the Blue Jays hasn’t exactly been met with a full embrace by the team’s fans, but he tells John Lott of the National Post that he’s focused on the job at hand rather than worrying about criticism. “I think it’s just inefficient for me to spend a lot of time and energy on that,” says Shapiro. “What I think fans ultimately want is for me to work for this team and make it as good as it can possibly be. If I spend my energy worrying about how to be popular, it’ll be time away from doing the job. That’s not what I’m going to do.” The piece offers a lengthy and interesting look at the veteran executive, and is well worth a full read.

Here are a few more stray notes from around the game:

  • When asked about free agent second baseman Howie Kendrick today, Dodgers GM Farhan Zaidi said that the organization “feel[s] pretty set” at the position at this point, as Bill Shaikin of the Los Angeles Times tweets. The Dodgers will utilize Chase Utley and Kike Hernandez there, he said, indicating that there’s little reason for the club to pursue a reunion with Kendrick. Otherwise, per Zaidi, the team could still add another starter and is “still evaluating” its options in the bullpen (via J.P. Hoornstra of the Los Angeles News Group, on Twitter).
  • Zaidi also addressed the Dodgers’ reported deal with the Reds for Aroldis Chapman, via another Shaikin tweet. Los Angeles wasn’t “comfortable making the move” and “moved on” after allegations of a domestic dispute involving Chapman surfaced.
  • Unsurprisingly, Gerardo Parra is expected to wait to sign until the top of the outfield market sheds some names, Jon Morosi of FOX Sports tweets. He is still drawing interest from the Royals, Nationals, Giants, and Angels, per the report.
  • Joel Sherman of the New York Post takes a broader look at the outfield market and wonders what teams could be readying to spring. The Nats top his list, followed by four AL clubs: the White Sox, Orioles, Tigers, and Angels. I agree with Sherman’s assessment that the market will still likely pay these players, as I recently wrote. As an anonymous GM told Sherman: “You will have some owners soon say, ‘Wow, we can have this guy rather than what we have now.’ That is when the aggressiveness comes back in.”

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