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West Notes: Reyes, Maeda, Kazmir, Fowler

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An MLB source tells Patrick Saunders of the Denver Post that there is still no timeline regarding possible disciplinary action against Rockies shortstop Jose Reyes. (Twitter link.) That appears to be due, at least in part, to the fact that the criminal proceedings have not been wrapped up. While the league’s domestic violence policy does not require criminal action for the commissioner to impose punishment, there is arguably less cause to move swiftly given that the allegations arose during the offseason.

  • The Astros made a play for Japanese hurler Kenta Maeda before he reached agreement with the Dodgers, according to Evan Drellich of the Houston Chronicle. Houston remains an interesting potential factor in the free agent market. While the team probably does not need to make a splash, it is not difficult to imagine the team emerging as a dark horse for several players.
  • Houston was also said to have had interest in retaining Scott Kazmir before he decided to join the Dodgers, and it appears they were far from alone in that regard. The veteran lefty said that a dozen clubs had at least some communication with his camp this winter, J.P. Hoornstra of the Los Angeles News Group tweets.
  • The fact that free agent outfielder Dexter Fowler appeared at a Golden State Warriors game recently should not be interpreted as a sign he’s about to sign with the Giants, Andrew Baggarly of the Mercury News tweets. He hears that “nothing is cooking” between Fowler and the club at this time. Meanwhile, MLB.com’s Chris Haft looks at the fit of some of San Francisco’s possible outfield targets.

The Dollar Value Of Recent Opt-Out Clauses

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Following a wave of multi-year club options attached to deals, players and their agents have begun to request and receive player options in recent years as well. David Price, Johnny Cueto, and Jason Heyward have each received them this winter, meaning that quantification of such deals is essential for careful team building. (Editor’s note: this article was written before the Dodgers reached an agreement with Scott Kazmir.) Everyone up to the commissioner has expressed concern that these “opt-out” clauses have been included in deals, and some feel teams simply should not give them. However, this is akin to saying that teams should not pay players above the league minimum salary—of course teams would like to do this, but you need to give players compensation to sign them. An opt-out is a way to lower the cost in dollars to the team, because the player will want more money otherwise.

Each of these three deals would be substantially more expensive without opt-out provisions—each opt-out clause is worth around $20MM, by my calculations. To test this, I looked at how a rough weighting of previous years’ WAR would affect a future projection, and compared this to how that projection would crystalize as it got closer. This led to an estimate that a very rough projection of future value 2-3 years in advance would change by about 1.0 WAR over the following 2-3 years. A more sophisticated system would probably change by about 0.7 WAR as it gets closer—and dollar value would probably change by about $7MM per year after accounting for overall uncertainty in salary levels. (The relationship between dollars and WAR utilized in this post is explained at this link.)

Given that potential level of variation, there are still a wide band of possibilities in terms of what a given player’s expected future value will be at the point of decision on an opt-out. But at base, an opt out is a binary choice: yes or no. Based on what we know now, and based on reasonable projections, we can estimate a given player’s future expected value at that point of decision by weighting different possible outcomes.

In other words, if Player X opts out, we can assume it is because his anticipated value at the point of that decision is higher than that which he would have earned through the remaining portion of the contract. But we don’t know exactly how much higher. So, to arrive at a value for the scenario in which a player does opt out, I’ve weighted all of those possibilities and reduced them to a single dollar value. The same holds true of the situations in which the player does not opt out.

We’ll get into each player’s situation further below, but this table shows the results of the exercise. (App users can click on this link to see the table image.)

opt out value estimate table

David Price received a contract for seven years at $217MM, but it was really a three-year contract for $90MM with a player option of four years and $127MM. If Price only held teams to a three-year commitment, he would probably get close to $120MM—but this is not what he did. Instead, he will require $127MM for 2019-22, only on the condition that he looks to be worth less than that by then. Although $127MM is not a terrible estimate of his 2019-22 production as of January 2016, this value will probably change drastically by October 2018, one way or the other. If he does not opt out, he probably will have performed worse, and conditional on the assumption that he will not have opted out, I estimate his expected value for his 2019-22 seasons to be $80MM. If he does opt out, he probably will have performed better, and conditional on the assumption that he will have opted out, I estimate his expected value for those seasons to be $170MM. Given that this corresponds to roughly a 40% chance of opting out, his opt-out clause is worth about $17MM, meaning that his seven-year $217MM contract is roughly equivalent to a seven-year $234MM contract with no opt-out clause.

Johnny Cueto’s contract is somewhat trickier, but it essentially amounts to a deal of two years for $46MM, with a player option of four years and $84MM, followed by a club option of one year for $16MM. Cueto would probably be worth $17MM above his salary for 2016-17. But for 2018-21, he is likely to be worth $50MM if he does not opt out and $117MM if he does. With roughly even odds of opting out, this makes his opt-out worth about $17MM. While the club option for 2022 makes the deal somewhat more attractive for the Giants, the odds that he will be worth much more than this are low. Overall, Cueto’s six-year deal for $130MM would probably cost about $147MM with no opt-out clause.

Jason Heyward’s contract is even trickier, but it mostly boils down to a three-year deal for $78MM, followed by a five-year player option for $106MM—except that the first player option (if exercised) is only certain to include one more year for $20MM. That’s because there’s a vesting provision that, if triggered—by Heyward reaching 550 plate appearances in the season following the initial option decision—would give him yet another player option for four years and $86MM. (If he exercises the initial option but then doesn’t reach that PA threshold, then both sides would be stuck with the remaining four years of the contract.)  Heyward’s value is further complicated by the fact that signing him required forfeiting a draft pick, which is worth around $9MM.

Although Heyward’s contract contains two opt-outs, it is not all that likely that he opts out after 2019 if he does not after 2018. Players’ values do change substantially, but he is likely to be either much more valuable than his five-year player option after 2018, or much less valuable. It is not that we expect his value to look similar after 2018 and 2019—it is that he will probably already be way above or way below the current expected value near $20MM per year, and is likely to remain way above or way below this line through 2019.

For the first three years of Heyward’s contract, I estimate that he is worth about $22MM more than his contract will pay him. With five years of player option, there is a wide range of potential values afterward. I estimate that he also has about even odds of opting out, but if he does not opt out then he is probably only worth $65MM, while if he does he would be worth $157MM. If he doesn’t opt out after 2018 and does after 2019, he is likely near the middle and the value of the second opt-out is small. The net effect is that his opt-out clauses are worth about $25MM, and he would probably have received $209MM for eight years instead of $184MM had no opt-out been included in the deal.

With values of $17MM for each of the two pitchers and $25MM for Heyward’s pair of opt-outs, these opt-outs help keep costs down for teams. While they contain more downside and less upside than typical free agent contracts, they cost less money as well. As teams move forward in this new market, they should be careful to properly consider the true cost of these player options. If teams are willing to expose themselves to some downside risk, they can lower the cost of acquiring elite players.

Quick Hits: Dodgers, Tigers, Indians

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With Scott Kazmir joining some combination of Clayton Kershaw, Hyun-jin Ryu, Brett Anderson and Alex Wood (along with righty Kenta Maeda), the Dodgers’ rotation is strongly left-handed, MLB.com’s Tracy Ringolsby notes. Historically, Ringolsby argues, there’s been little evidence that relying heavily on left-handed starters is a disadvantage. He notes that the 1965 Dodgers, for example, won the World Series with a team that got 112 starts from lefties. That’s not to say that having a lefty-heavy rotation creates an obvious advantage either, however — the 2004 Royals started lefties 108 times and lost 104 games that season. Here are more quick notes from around the game.

  • The Tigers’ lineup and bench, meanwhile, are heavily right-handed, but they’re designed that way on in order to give Brad Ausmus plenty of late-inning flexibility, Anthony Fenech of the Detroit Free Press writes. Many of the Tigers’ key offensive players (like Miguel Cabrera, J.D. Martinez and Ian Kinsler, all of them righties who hit righties very well last year) are not candidates to be lifted for a pinch-hitter, regardless of the handedness of the pitcher. In fact, the only regular who might be a candidate to be lifted is lefty Anthony Gose, who could be removed if a left-handed reliever is on the hill. That means the Tigers simply don’t need many lefty hitters.
  • Indians manager Terry Francona did not want the team to lose any of its best starting pitching, and the team isn’t close to a significant deal to add a hitter, writes Terry Pluto of the Plain Dealer. They will, however, continue to look for relievers. Pluto also notes that the Indians preferred Mike Napoli (with whom they recently agreed to terms) at first base rather than fellow free agent Justin Morneau because Napoli is right-handed.

West Notes: Dodgers, Prospects, Closers, A’s

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Let’s take a look in at the latest from the game’s western divisions:

  • The Dodgers’ front office has “underwhelmed” since taking command after the 2014 season, argues Jon Morosi of FOX Sports. In particular, he says, the team erred this offseason when it failed to meet the pre-offseason “expectations” that it would “re-sign Zack Greinke and lure David Price to L.A. with an astronomical offer, creating a rotation for the ages.” The FOX Sports reporter goes on to argue that letting Greinke go to the division-rival Diamondbacks — who swooped in at the last minute with an astronomical contract offer — sapped Los Angeles not only of half of its outstanding top-of-the-rotation duo but also the “swagger of outspending any team in the industry, on any player, whenever it fancied them.”
  • With all due respect to Morosi, it seems rather odd to suggest there was ever any realistic likelihood of one club adding both of those top starters. And, frankly, I don’t think I’m alone in disagreeing with his assessment that it would have been wise to meet or exceed Arizona’s stunning offer to the 32-year-old Greinke, even for a team with L.A.’s deep pockets. After all, getting the best player by dangling the most money is easy enough to do; the real trick is knowing when to pull out of the bidding. Whether or not the D’Backs’ investment will pay off remains to be seen, but it is laden with risk, and no team operates without financial limitations. It bears noting, too, that it’s a bit premature to place final judgment on the roster construction efforts of the Friedman administration — or, for that matter, most other teams around the league — with such a large portion of the offseason business still left to be transacted. The proof will be in the pennants, but in assessing the Dodgers front office’s efforts to date, it’s worth remembering that the organization still has financial flexibility and extremely valuable young players to work with (both now and over the course of the season).
  • As always, prospects make for powerful trade currency, and J.J. Cooper of Baseball America rates the youngsters that were dealt over the last couple of months. Teams from the game’s western divisions featured heavily. They combined to enrich the Braves’ system with the three top names on the list (Dansby Swanson and Aaron Blair, from the Diamondbacks, and Sean Newcomb, from the Angels). The Padres got two of the next three youngsters in Cooper’s ranking from the Red Sox in Javier Guerra and Manuel Margot. And there were others, too, as the Astros sent Mark Appel to the Phillies and four of the players involved in the three-team Todd Frazier deal either went to (Jose Peraza) or from (Frankie Montas, Trayce Thompson, Micah Johnson) the Dodgers.
  • Of course, a good portion of the players just listed featured in the winter’s trade activity for closers, a topic recently taken up by BA’s John Manuel. While Craig Kimbrel and Ken Giles drew returns featuring some of those well-regarded young players, of course, Aroldis Chapman ended up bringing a much less hyped return due to the stunning domestic violence allegations that emerged. (It’s worth remembering, in assessing the Dodgers’ efforts to date, that they were lined up to add the top-shelf reliever before the controversy erupted.) Manuel goes on to discuss the interesting question of the difficulty of rating and valuing premium relief prospects.
  • The Athletics are in a nice position to roll the dice on an expensive but potentially undervalued asset this winter, per a recent SB Nation/Athletics Nation blog post, but it’s not clear whether there’s a worthwhile investment on the market. Previously, Oakland hit it big by landing Yoenis Cespedes for just $36MM over four years before the 2012 campaign. I certainly agree that there don’t appear to be any players with quite that profile, but it does seem plausible to think — and this is all my speculation — that the A’s could line up to bail out someone like Denard Span, Ian Desmond, Austin Jackson, or Ian Kennedy, should their markets collapse, or make an upside play for Cuban pitcher Yaisel Sierra.

 

International Notes: Kim, Maeda, Rodriguez, Sierra

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New Orioles outfielder Hyun-soo Kim told reporters at a press conference in Seoul, South Korea that he wants to finish his career in the Major Leagues, as Jee-ho Yoo of Yonhap News writes. “I want to do well and retire in the U.S. before coming back to South Korea,” Kim said to the media. “If I return here before then, it would mean I’m no longer desirable to U.S. teams. I’d consider myself a loser if I take a U-turn to the Korean baseball league.” It’s understandable that Kim would set lofty expectations for himself after dominating the KBO over the past decade. In 10 professional seasons, Kim is a .318/.408/.488 hitter, and the 27-year-old enjoyed arguably his best season in 2015 when he belted a career-best 28 homers with the second-highest OPS (.979) of his career. Kim said he most looks forward to facing David Price — a pitcher he greatly respects — and is excited for the challenge of facing greater velocity throughout the league in American ball.

Here are a few more notes on the international market…

  • Eric Longenhagen breaks down a number of international players in an excellent piece for ESPN (Insider subscription required and recommended), including right-hander Kenta Maeda, who reportedly reached an agreement with the Dodgers on New Year’s Eve. Per Longenhagen, Maeda has an 87-92 mph fastball that can scrape a bit higher on the radar gun at times, though as he notes, we’re unlikely to see more velocity out of Maeda now that he’s pitching every fifth day instead of once a week. Maeda also features a slider, changeup, cutter and curveball, with the former two pitches being above-average to plus and the latter two being fringe offerings at best. Longenhagen opines that Maeda has a fifth starter’s arsenal that will play up to a No. 4 type of starter due to his control and pitch sequencing. He adds that while durability may be a factor — Maeda has 1500 pro innings under his belt at just 28 years of age — the Dodgers have quite a bit of rotation depth to make it through the upcoming season (even if several others arms are question marks themselves).
  • While Cuban shortstop Alfredo Rodriguez has not yet been declared a free agent by Major League Baseball, he’s “poised to sign” with Cincinnati upon clearance, per Longenhagen. Rodriguez probably won’t sign until after July 2, so his bonus will count against Cincinnati’s 2016-17 pool rather than its 2015-16 pool. The 21-year-old Rodriguez is said by Longenhagen to be a premier defender with enough speed to wreak havoc on the bases but little pop in his bat. Longenhagen writes that he could profile as a regular due to his glove and speed, though probably one that hits near the bottom of the order.
  • Part of the reason for Yaisel Sierra’s recent showcase was that he’s yet to receive a good offer from teams, Longenhagen hears. He calls Sierra a “good-bodied, two-pitch 24-year-old,” noting that many clubs see him as a middle reliever but some feel he could develop into a No. 4 type of arm with more reps. The best fit for Sierra, in Longenhagen’s estimation, is a rebuilding team that can afford to make a strong offer and patiently try to develop the hard-throwing righty as a starter.

Reactions To The Dodgers’ Signing Of Scott Kazmir

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The Dodgers officially agreed yesterday to a three-year, $48MM deal — which also includes an opt-out after the 2016 campaign — with free agent southpaw Scott Kazmir. Here are some reactions to the deal from around the game:

  • Dodgers GM Farhan Zaidi addressed the signing yesterday, as Bill Shaikin of the Los Angeles Times reports. Giving in to an opt-out clause after just one season fit the team’s situation in several ways, he suggested. For one, there are several quality pitching prospects that could be ready to step in for 2017. And if Kazmir triggers the clause, then L.A. will be able to recoup a draft pick by making a qualifying offer. “In Scott’s case, he and his representation are aware that next year’s free-agent starting pitching market will probably be a pretty good seller’s market,” said Zaidi. “From our standpoint, we have a lot of good young pitching that we feel is going to be ready to contribute at some point in 2016 and certainly by 2017.”
  • The move to add Kazmir wouldn’t necessarily preclude other rotation additions, said Zaidi. Indeed, the club has since reportedly reached agreement with Japanese righty Kenta Maeda. “There are some guys coming back from injury,” Zaidi said. “To the extent that adding more certainty to the rotation is an option for us over the next couple of months, we’ll definitely continue to look.”
  • The Astros had interest in Kazmir “all along,” Evan Drellich of the Houston Chronicle tweets. But the team simply wasn’t willing to reach the salary level that the Dodgers offered the lefty. As Drellich explains in a post on the signing, Houston could stand to add a rotation arm after losing Kazmir and giving up some depth via trade. Whether or not that might come via free agency remains to be seen, as Drellich notes that it’s possible to imagine the organization dealing for an arm and then signing a position player off of the open market to compensate for whatever trade chips are utilized.
  • Missing on Kazmir hurts the Orioles, who look in need of some upgrading in the rotation. But while noting his value, Steve Melewski of MASNsports.com also questions the wisdom of including an opt-out clause one year into a three-year pact.
  • MLB.com’s Mike Petriello likes the signing for the Dodgers, noting that Kazmir’s recent durability has flipped the script on the idea that he’s an injury risk. Petriello explains that the lefty has varied his arsenal and proved effective over a long enough stretch to warrant this kind of payday. But, he argues, it’s also a nice value for the team given the price of other pitchers this winter.
  • MLB Network Radio’s Jim Duquette argues (audio link) that the Dodgers can find value late in the free agent market after inking Kazmir. (Of course, the club has already gone on to reportedly strike a deal with Maeda.) He suggests that bringing back Howie Kendrick would make a good deal of sense — presumably, by deepening the infield and bumping Kike Hernandez to an outfield role — though Zaidi downplayed that possibility.

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.”

Dodgers Sign Scott Kazmir

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The Dodgers announced on Wednesday that they have signed left-hander Scott Kazmir to a three-year contract. The contract will reportedly guarantee Kazmir a total of $48MM, but he also obtains an opt-out clause after the first season, and there are reportedly deferrals in the deal. Kazmir is said to receive a $5MM signing bonus and a $3MM salary in 2016, with annual payments of $8MM in each of the next five seasons (or, in the case of an opt out, a second payment of $8MM next year).

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Kazmir, a client of The Legacy Agency, will fill a void in the Dodgers’ rotation and give them yet another lefty starter to pair with Clayton Kershaw, Brett Anderson, Alex Wood and, if healthy, Hyun-jin Ryu, creating the potential for an entirely left-handed starting five.

In Kazmir, the Dodgers will secure some rotation stability that has eluded them to this point in the offseason. Los Angeles aggressively pursued a reunion with 2015 Cy Young runner-up Zack Greinke but lost out on their co-ace to an eleventh-hour push from the division-rival Diamondbacks. When that deal fell through, L.A. made a strong push for Hisashi Iwakuma and agreed to terms at three years and $45MM, but concerns about his physical prompted the Dodgers to try to restructure the deal. With that hefty guarantee no longer on the table, Iwakuma returned to Seattle on a one-year deal with a pair of vesting options, sending the Dodgers back to the drawing board.

Kazmir, 32 next month, was one of the top remaining starters on the market and should provide the Dodgers with a sizable upgrade over their internal options to round out the rotation. Formerly one of the game’s most promising young pitchers, Kazmir’s career went south in a hurry last decade due to myriad injuries, and he was absent from Major League Baseball entirely from 2011-12 with the exception of 1 2/3 innings with the Angels. However, Kazmir reinvented himself on the independent circuit and emerged with the Indians in 2013 to throw 158 quality innings. That prompted a two-year deal with Oakland, which he completed in 2015 (as a member of the Astros, following a trade).

Since returning to the Majors, Kazmir has compiled a 3.54 ERA with 8.1 K/9, 2.6 BB/9 and a ground-ball rate of roughly 43 percent. He’s faded down the stretch somewhat in each of the past two seasons but delivered an overall strong body of work in that time, positioning himself for a sizable commitment on the open market. Kazmir reportedly had multiple three-year offers in the range of $13MM annually, but he was able to secure not only a larger annual value but an opt-out clause. While he was said to be hoping for four guaranteed years, the opt-out clause could potentially make this contract more valuable than a four-year pact anyhow, as Kazmir will now have the opportunity to enter the 2016-17 market as perhaps the second-best starter available, trailing Nationals ace Stephen Strasburg. If, on the other hand, injuries sideline him or he struggles in his first-ever taste of the National League, Kazmir can still collect a hefty guarantee for the 2016-17 seasons. From the Dodgers’ vantage point, the silver lining in the event of an opt-out after just one season would be compensation in the form of a 2017 draft pick, assuming Kazmir rejects a qualifying offer.

Dylan Hernandez of the L.A. Times reported the guarantee (Twitter link). Jon Heyman of CBS Sports was the first to report the opt-out clause (Twitter link). Joel Sherman of the New York Post tweeted that Kazmir’s salaries would be deferred evenly over a six-year term.

Photo courtesy of USA Today Sports Images.

Dodgers Designate Daniel Fields For Assignment

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The Dodgers announced that they have designated outfielder Daniel Fields for assignment in order to clear a spot on the 40-man roster for the newly signed Scott Kazmir.

Fields, 25 next month, has spent the majority of the past two seasons at the Triple-A level, where he’s batted a combined .225/.312/.358 with 13 homers and 25 steals in 825 plate appearances. Baseball America has ranked him among the Tigers’ Top 30 prospects in each of the past six offseasons (26th last winter) since he received a $1.625MM bonus to forgo his college commitment to Michigan. Their latest scouting report noted that he has fringy arm strength and is a fringe-average runner, making him better suited to play left field than center field. He does have average raw power, per BA, but he’s also prone to swinging and missing.

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