2012 Vesting Options Update
It's the final day of the month, so let's check the status of the various vesting options around the league…
- Bobby Abreu, Angels: $9MM option vests with 433 plate appearances. Abreu is more than a quarter of the way there already; he has 116 PA after today's game.
- Rafael Furcal, Dodgers: $12MM option vests with 600 plate appearances. Furcal came to the plate 28 times before breaking his thumb. He's going to miss another three to five weeks, so he's unlikely to see the option vest.
- Jon Garland, Dodgers: $8MM option vests with 190 innings pitched. Garland started the year on the disabed list and has thrown just 20 innings so far. He should still get there if he stays healthy.
- Francisco Rodriguez, Mets: $17.5MM option vests with 55 games finished and if doctors declare him healthy at the end of the season. K-Rod has finished eight games so far, but you have to think the club will use him in a way to prevent the option from vesting.
- Koji Uehara, Orioles: $4MM option vests with either 55 appearances or 25 games finished. Uehara has appeared in eight games and finished four, putting him on pace for 54 and 27, respectively.
- Arthur Rhodes, Rangers: $4MM option vests with 62 appearances and if he's not on the disabled list at the end of the season. He's appeared in eight games so far, putting him on pace for 50. Injuries to the some of his bullpen mates could increase Rhodes' workload though.
- Joakim Soria, Royals: $6MM option vests with 55 appearances. He's already appeared in 12 games and is on pace for 75.
- Dan Wheeler, Red Sox: $3MM option vests with 65 games; increases to $3.25MM with 70 games. Wheeler has appeared in just eight games so far, so he'll have to start seeing more time for the option to kick in.
Adam Wainwright's 2012 ($9MM) and 2013 ($12MM) options will not vest because he will finish the season on the disabled list. Aramis Ramirez's option depends on MVP Award finishes and whether or not he's traded, not plate appearances or another counting milestone.
Mark Buehrle is scheduled to become a free agent after the 2011 season and although he doesn't have a traditional option in his contract, he gets an extra year at $15MM tacked onto his current deal if he's traded at some point this season.
Thanks to Cot's Baseball Contracts for the info.
Rosenthal On Reyes, Rodriguez, Nationals, Orioles
Ken Rosenthal of FOX Sports brings us some interesting tidbits in this week's installment of Full Count..
- The Mets will not sign Jose Reyes to a monster contract similar to the one given to Carl Crawford (seven-years, $142MM). However, despite the Mets' financial troubles, keeping Reyes is not out of the question if he's willing to accept a shorter deal in the vicinity of three-years, $45-50MM. Reyes, if healthy, will get more than that on the open market but it's still not a sure thing that the club will deal him. They'll have to consider their position in the standings, how it would impact attendance, and what the return in a trade would be versus the high draft picks they would get if Reyes left via free agency.
- The Mets won't have to worry about Francisco Rodriguez finishing 55 games if they deal him to a club that would use him as a set-up man as opposed to a closer. The Rangers, for example, have Neftali Feliz (if healthy) to finish games. K-Rod can block deals to as many as ten clubs as part of his deal but the Mets, to facilitate this deal, would gladly pick up the $3.5MM buyout to get rid of him.
- Nationals manager Jim Riggleman is one of a handful of managers whose future is uncertain beyond this season. The club has yet to pick up his option for '12 even though most in the game say that the Nats are on the right track. Riggleman's agent told Rosenthal that he is hopeful that the club will either exercise the option or sign him to a multi-year deal by Father's Day.
- The Orioles collected a number of veterans on one-year deals thinking that, at the very least, they'd have trade chips at the deadline. General Manager Andy MacPhail & Co. may need to think again as Derrek Lee and Vladimir Guerrero have done very little at the plate and J.J. Hardy has missed most of the year with an oblique injury. All of this could change, but Rosenthal wonders if manager Buck Showalter and owner Peter Angelos would even approve of a sell-off.
Dead Money: Paying Players To Play Elsewhere
Eating money in trades or by releasing players is far from an ideal business practice, but sometimes it's a necessary evil. The Mets believe they are better off paying Oliver Perez and Luis Castillo a combined $18MM not to be on their team this year, and released the two just last month. David Wharton of The Los Angeles Times wrote about the concept of "dead money" today, speaking to Dodgers GM Ned Colletti, sports economist J.C. Bradbury, and Scott Boras.
With some help from Cot's Baseball Contracts, let's look at the teams that are paying players to be anywhere but on their roster this season…
- Angels: Gary Matthews Jr. ($11.4MM)
- Astros: Roy Oswalt ($7MM)
- Blue Jays: Vernon Wells ($5MM)
- Cubs: Carlos Silva ($7.25MM, plus $2MM in 2012)
- Diamondbacks: Chris Snyder ($3MM)
- Dodgers: Manny Ramirez ($8.33MM per year through 2013), Andruw Jones ($3.2MM per year through 2014), Juan Pierre ($3.5MM)
- Mariners: Carlos Silva ($5.5MM), Yuniesky Betancourt ($1MM), Josh Wilson ($179K)
- Mets: Oliver Perez ($4MM), Luis Castillo ($6MM), Gary Matthews Jr. ($1MM)
- Rockies: Manny Corpas ($3.55MM, $250K in 2012)
- Royals: Yuniesky Betancourt ($2MM)
- Twins: Brendan Harris ($500K)
- White Sox: Scott Linebrink ($3.5MM)
This doesn't include money the Braves owe Kenshin Kawakami ($7.4MM) or the Yankees owe Kei Igawa ($4MM). Both Japanese imports remain in the organization, but they've since been banished to the minor leagues. It also doesn't include all the money the Mets famously owe Bobby Bonilla for the next two decades.
Yuniesky Betancourt is the only player collecting paychecks from three different big league teams at the moment, but Carlos Silva could join him if he's called up by the Yankees. Gary Matthews Jr. could also be in that mix if he catches on somewhere this summer.
Quick Hits: Mets, Draft Prospects, Royals, Manny
Carlos Santana's first career grand slam couldn't have come at a better time for the Indians. The young catcher hit a walkoff slam to lead Cleveland to a 9-5 win over Detroit on Friday night. Here's some news from around the majors…
- The Mets are willing to give "veto power over a limited number of financial decisions" to a new minority owner, reports Josh Kosman and Lenn Robbins of the New York Post, including such decisions as large player contracts and overall payroll size. The Wilpons and Saul Katz "will treat their new partner as a real partner," one source tells Kosman and Robbins.
- ESPN's Keith Law reveals his latest ranking of the top 50 draft prospects. Law calls this draft a "huge pitching bonanza," but lacking in position players.
- Also from Law, via Twitter, the Cubs are hoping center fielder Bubba Starling is still available when they make their first-round (9th overall) choice.
- Many of the Royals' top prospects are off to a great start in the minors, but GM Dayton Moore doesn't plan to bring any of these young stars up to the Major League level anytime soon, reports MLB.com's Dick Kaegel.
- Manny Ramirez hints to ESPNDeportes' Jorge Arangure about a return to baseball — in the Dominican winter league, that is.
- In a live chat with fans, ESPN's Jayson Stark discusses such topics as Kevin Millwood's future with the Yankees, Bryce Harper's progress and the Blue Jays' chances of signing Albert Pujols or Prince Fielder as a free agent this winter.
- David Wharton of the Los Angeles Times looks at some of the more notable "dead money" teams are still paying to players long since departed from their rosters or the game itself.
- Tracy Ringolsby of FOXSports.com writes about Mike Quade's unlikely path to becoming the Cubs' manager.
Quick Hits: Pujols, Mets, Dodgers
On this date 12 years ago, Tigers scout Ramon Pena signed 17-year-old Omar Infante out of Venezuela. Now, it's a make or break year for the Marlins' infielder, who is 29. Here are today's links…
- Some Cardinals fans are creating signs to encourage Albert Pujols to re-sign in St. Louis and donating the proceeds to the first baseman's foundation, Yahoo's Jeff Passan reports. Pujols is set to hit free agency after the season and Ron Heinz and his friends want to make sure he stays put.
- The Mets will likely have a payroll of about $120MM next year, according to Matt Cerrone of MetsBlog. Cerrone suggests the Mets haven't yet decided how seriously they'll consider trade offers for Jose Reyes this summer and points out that it's unclear if GM Sandy Alderson intends to offer the shortstop a long-term deal.
- ESPN.com’s Jerry Crasnick identifies nine key partnerships that have emerged so far this season, including Andre Ethier and Matt Kemp and Jose Bautista and Blue Jays hitting coach Dwayne Murphy.
Draft Notes: Purke, Bradley, Mets
All of a sudden, the 2011 draft is just six weeks away. Here's the latest on some of the available prospects and one team's approach to the big event:
- Led by projected 2011 first rounders Matt Barnes and George Springer, Connecticut baseball is on the rise, Jim Callis writes in the latest edition of Ask BA. Click here for MLBTR’s Q&A with Springer.
- TCU left-hander Matt Purke, who has been shut down with shoulder soreness, may have to reestablish his value like Anthony Ranaudo did last summer, according to Callis. Click here for MLBTR's Q&A with Purke.
- As Callis explains, South Carolina outfielder Jackie Bradley Jr. may fall to the second half of the first round or the supplementary round. If Bradley falls, it will be because of his spring sruggles and tools, not simply because of his recent wrist injury.
- The Mets are allowing themselves to be greedy with the 13th overall selection this year. Paul DePodesta, the Mets' VP of player development and amateur scouting, told Adam Rubin of ESPNNewYork.com that the Mets don't intend to settle with their top pick. "We want tools, skills, guys who can run and hit for power and defend. We want to be greedy. We want it all. The reality is those guys come off the board awfully quickly."
Trade Candidate: Francisco Rodriguez
The season is but a few weeks old,and we've already seen a fair amount of upheaval at the closer's role. That's not unexpected, of course; each year seems to bring a slew of injuries and demotion-prompting ineffectiveness among the league's closers. With such a high turnover rate, many teams understandably prefer to turn over closing duties to cheaper guys – it's just better business. Still, the lure of relying on a top-tier, tested closer can be tough to resist for a contending team.
With the Mets in the early stages of what many project to be a rebuilding mode, Francisco Rodriguez makes for an intriguing potential trade candidate. He could probably be acquired without giving up much in return, but between his pricey 2012 option and limited (10 teams) no-trade clause, it won't be easy. The $17.5MM option for '12 will vest with 55 games finished (and if K-Rod's deemed healthy). That's an unsightly price tag for a closer and would be especially garish if the Mets aren't contending. If the option doesn't vest, K-Rod will get a $3.5MM buyout.
We've heard that the Mets won't allow K-Rod to finish that many games, but in his first six seasons as a full-time closer from 2005-10, K-Rod averaged 59 games finished. With eight appearances and six games finished in the Mets' first 22 tilts this season, he's on pace for 59 appearances and 44 games finished. Those figures, however, could be a bit skewed by the Mets' slow start.
As unattractive as that vesting option is for the Mets, it's equally, if not more, unattractive to a potential trade partner. Typically, a contending team that's acquiring a pending-free-agent closer would like to use the pitcher as often as necessary – and not have to worry about financial ramifications. As well, Rodgriguez's season ended prematurely in 2010 after injuring his hand in a clubhouse altercation with his father-in-law. That won't reflect well under "makeup" on those scouting reports.
Between the specter of the vesting option and Rodriguez's limited no-trade clause, it figures to severely limit his trade market. A savvy buyer, though, could look into acquiring him as a setup man/secondary closer so as to circumvent the games finished.
Whether the Mets can deal K-Rod remains to be seen, but his games finished – and option – bears watching regardless. He won't be the most sought-after closer out there, as that distinction belongs to Heath Bell. The market for Bell could be fierce, though, and he won't come cheaply, at least not for a while. But a reliever like K-Rod – a 2.49 career ERA and 272 saves – should garner some interest.
Photo courtesy of Icon SMI.
East Notes: Beato, Ibanez, Emaus, Hulett
Here are some items of note and musings coming out of the East divisions as Phillies interim closer Jose Contreras hits the DL …
- Mets reliever Pedro Beato, a Rule 5 draftee this offseason, is pitching well, writes Thomas Boorstein of MLB.com. "I've been impressed ever since he walked into camp," Mets manager Terry Collins said. Earlier this week, the Mets returned second baseman Brad Emaus – their other Rule 5 pick – to the Blue Jays, who flipped him in turn to the Rockies, but it looks like Beato has a good shot of sticking with the Mets throughout the season.
- Phillies outfielder Raul Ibanez is struggling, as is Philly's lineup on the whole, and David Murphy of the Philadelphia Daily News wonders how long the Phils will continue to start Ibanez. Should the Phils choose to divvy up starts between John Mayberry Jr., Ben Francisco and Domonic Brown, it would be interesting to see whether they would look into trading the 39-year-old. Ibanez is past his prime, sure, but he posted a triple-slash of .272/.347/.552 as recently as two years ago, and his contract expires at season's end, so he could draw interest at a cheap price. However, he does have no-trade protection.
- The Blue Jays will place second baseman Aaron Hill on the DL, writes Gregor Chisholm of MLB.com. We'll never know the answer, but I wonder whether the Jays would have held onto Emaus to fill in briefly with Hill, Jayson Nix, and Edwin Encarnacion being banged up. Of course, it seems pretty clear that the Jays had made the decision that Emaus didn't factor into their plans, but they are stretched thin now, as John McDonald and Mike McCoy started at third and second base, respectively, on Sunday.
- The Nationals signed infielder Tug Hulett to a minor league contract, according to NBC Sports. Hulett last appeared in the big leagues with the Royals in 2009. He was with the Rockies earlier this season but was let go after Colorado acquired Emaus.
Quick Hits: Figueroa, Mock, Martin, Mets
Links for Saturday night, after Jose Bautista extended his on-base streak to ten consecutive plate appearances…
- The Brewers formally announced their minor league contract with infielder Luis Figueroa, reports MLB.com’s Adam McCalvy (on Twitter). The deal was first agreed to last weekend.
- Left-hander Lee Hyde was designated for assignment by the Nationals earlier today, but Adam Kilgore of The Washington Post reports that Garrett Mock was also a candidate to get the axe. He was spared and instead placed on the disabled list.
- Yankees GM Brian Cashman told ESPN New York’s Andrew Marchand that the Yankees tried to acquire Russell Martin via trade in each of the last three seasons (Twitter link). Cashman got his man this winter, signing him as a free agent after the Dodgers non-tendered him.
- Mets GM Sandy Alderson indicated to Andy Martino of The New York Daily News that there just aren’t any moves to be made right now. “In this situation, there’s not a lot that someone in my situation can do,” said Alderson. “It’s almost organic. [If any moves] happen, if it’s going to happen from within.”
East Notes: Wright, Salty, Bixler, A-Rod
Rainfall on the East Coast has already postponed a couple games on Friday night, but here's some items of note to hold you over …
- Mets third baseman David Wright's days in New York may be winding down, writes Adam Rubin of ESPNNewYork.com. The Mets, who may be in full-on rebuild mode as soon as midseason, could opt to trade Wright because he is signed to team-favorable terms through 2013 and would therefore yield a better haul in a trade than Jose Reyes, Carlos Beltran or Francisco Rodriguez, writes Rubin. That the Mets could entertain this is indicative of how far they've fallen the past couple years; it once seemed likely Wright would spend his entire career in Queens.
- Red Sox catchers Jarrod Saltalamacchia and Jason Varitek have struggled so far this season, writes Alex Speier of WEEI.com, but with underwhelming and unready in-house options and limited trade or free-agent targets out there, a move is not imminent. Bengie Molina, 36, is still unsigned, but as Speier points out, would he be much of an improvement?
- The Nationals have purchased the contract of infielder Brian Bixler from Triple-A Syracuse, tweets Mark Zuckerman of CSNWashington.com. A corresponding move on the 40-man roster was to be announced. Bixler, a second-round pick of the Pirates in 2004 out of Eastern Michigan, last appeared in the bigs in 2009. In 166 career plate appearances, he has a .178/.238/.237 line.
- Yankees third baseman Alex Rodriguez has hired Steve Loy of Gaylord Sports Management to handle his marketing. As our Agency Tracker shows, A-Rod has not officially announced an agent since parting ways with Scott Boras, and he may not need one for a while considering he's signed through age 42. For a complete list of Scott Boras clients, click here.