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Mark Teixeira Signing Reactions

By Joe Pawlikowski | December 23, 2008 at 7:53pm CDT

Here’s a quick look at some of the reactions to the Mark Teixeira signing. If you guys find any you find particularly remarkable, hit me up (josephp, Shift+2, riveraveblues dot com) and I’ll add it if it adds something. But for now:

  • RotoAuthority has the fantasy analysis.
  • Interesting angle from Joel Sherman – he says the team’s poor choice of passing on Carlos Beltran taught them to sign Teixeira now.  He says they’d prefer to trade Hideki Matsui, among their outfield surplus.  The Braves like Xavier Nady and Nick Swisher.
  • Brewers owner Mark Attanasio suggests a salary cap for the sport.
  • Gordon Edes calls this a "staggering blow" to the Red Sox and Angels. I’m not sure I would go that far, at least in the case of the Angels. That could be my bias speaking, though.
  • Jesse Spector of the New York Daily News notes the long-term implications of the deal. He wonders if Teixeira is really a $20 million player (or, rather, a $22.5 million player) and calls into question committing eight years to a position that serves as a transition for older players.
  • Roch Kubatko got some quotes from Andy MacPhail. "We can’t devote that many resources to one player, no matter where he’s from," was the telling line. Roch wonders if the Orioles were even given a chance to counter the Yankees offer.
  • Jeff Zrebiec backs up Roch. Boras didn’t give the Orioles a chance to counter. He instead informed MacPhail that Teixeira was going in another direction.
  • Peter Abraham has learned a lesson from this. "This will also teach me not to believe anything Cashman says about living under a budget."
  • Tony Massarotti isn’t pleased with how this turned out. "Instead, the Sox lost Teixeira for what amounted to about $10-$15 million over eight years, which is chump change for a franchise with an estimated value (including NESN and Fenway Park) or somewhere in the range of $1 billion." He notes also that the Sox had plenty of contracts coming off the books, much like the Yankees.
  • Over on my home turf, Ben notes the obvious: "What this Teixeira signing indicates though is that a new generation of Steinbrenners is willing to spend what it takes to win just like George."
  • Keith Law on the signing: "Signing three of the top four free agents on the market is a sign that they have excellent taste, even if they don’t seem to have a credit limit."
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Atlanta Braves Baltimore Orioles Boston Red Sox Milwaukee Brewers New York Yankees Hideki Matsui Mark Teixeira Nick Swisher Xavier Nady

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Yankees Sign Mark Teixeira

By Tim Dierkes | December 23, 2008 at 3:58pm CDT

3:58pm: Joel Sherman says the Red Sox were at eight years, $168MM, so the Yankees outbid them by $12MM.

3:38pm: The contract does not include an opt-out clause, according to Danny Knobler.  Knobler agrees with Olney that the Red Sox fell about $10MM short.  He says the Sox are not inclined to react by "stepping up their pursuit of Derek Lowe or any other top starting pitcher."

2:55pm: Olney now agrees it’s an eight-year, $180MM deal ($22.5MM per year).  Bill Madden says Teixeira told the Yankees he preferred them all along, after the Angels and Red Sox backed off.  Ha.  Joel Sherman says the Yankees made this decision with the 2010 season in mind, given the weak free agent market.  He says they’ll now attempt to trade one of Johnny Damon, Hideki Matsui, Xavier Nady, and Nick Swisher.

2:26pm: Buster Olney says the Yankees have reached an agreement with Teixeira on an eight-year deal worth more than $170MM.

Aside from the Red Sox, the Brewers and Blue Jays also lose here.  Each team’s draft pick from the Yanks is pushed back one round – the Brewers get a second-rounder from them for C.C. Sabathia, the Jays get their third-round pick for A.J. Burnett.

2:17pm: According to Jon Heyman, the Yankees are on the verge of signing Mark Teixeira to an eight-year, $180MM deal with a full no-trade clause.

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Boston Red Sox Milwaukee Brewers New York Yankees Toronto Blue Jays A.J. Burnett C.C. Sabathia Derek Lowe Hideki Matsui Johnny Damon Mark Teixeira Nick Swisher Xavier Nady

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Rosenthal’s Latest: Bradley, Burrell, Dunn

By Tim Dierkes | December 23, 2008 at 1:54pm CDT

Ken Rosenthal filed a new column earlier today.

  • The Angels are lukewarm on Manny Ramirez, and for now are talking about filling their lineup with internal candidates.
  • Kevin Towers says that if the Jake Peavy sweepstakes heats back up, "nobody is going to know it."  Rosenthal discusses the chances of the Angels or Cubs.
  • Mark Teixeira is "almost certain" to get an escape clause in his deal.
  • The Cubs are confident about signing Milton Bradley, but the Rays, Yankees, and Nationals are interested too.
  • Rosenthal looks at possibilities for Pat Burrell, discussing the Rays, Mariners, Rangers, and Reds.
  • The Brewers expressed interest in Adam Dunn as they were mulling a Mike Cameron trade (Corey Hart would’ve played center).
  • Bobby Abreu "remains in touch with the Yankees."  Surprisingly to hear, as the two sides reportedly had not spoken for quite a while.
  • The Rangers would like to move some salary, with Kevin Millwood, Vicente Padilla, and Hank Blalock the candidates.
  • The Royals like Jerry Hairston Jr., but don’t have the money to sign him.
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Chicago Cubs Cincinnati Reds Kansas City Royals Los Angeles Angels Milwaukee Brewers New York Yankees San Diego Padres Seattle Mariners Tampa Bay Rays Texas Rangers Washington Nationals Adam Dunn Bobby Abreu Hank Blalock Jake Peavy Jerry Hairston Jr. Kevin Millwood Manny Ramirez Mark Teixeira Mike Cameron Milton Bradley Pat Burrell Vicente Padilla

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Teixeira Announcement Expected Today

By Tim Dierkes | December 23, 2008 at 1:32pm CDT

1:32pm: Heyman now has the Yanks in "deep discussions" with Tex; he says they’ve stepped up their efforts in recent hours.

1:02pm: Jon Heyman says the Yankees are still in it – they’re "talking seriously with Teixeira’s people."  He agrees that a decision could be made as soon as this afternoon.

12:42pm: Danny Knobler believes it’s down to the Nationals and Red Sox.  His sources say Teixeira hasn’t decided yet but is expected to make up his mind today.

12:08pm: Nick Cafardo of the Boston Globe has the Nationals at nine years, $180MM and the Red Sox at eight years and around $170MM.

10:55am: Chico Harlan of the Washington Post talked to a Nationals spokesman who is not aware of any plans for an announcement today regarding Teixeira.  WEEI’s Alex Speier notes that it is not a lock that Teixeira signs by Christmas.

10:28am: Buster Olney and Peter Gammons say Teixeira’s decision is "seemingly imminent."  The journalists say the Orioles’ negotiations for Tex "appear dormant."  They suggest the Yankees are lurking in case Boras offers Teixeira to them at a discount (or perhaps just to drive up the price for Boston).

10:20am: According to Thom Loverro of the Washington Times, "there will be an announcement today regarding the future of free agent first baseman Mark Teixeira."  Loverro says there are strong indications the Red Sox will be the victor, though it’s unclear whether those indications are based on inside information.

We learned from Roch Kubatko yesterday evening that the Nationals upped their bid to $178-184MM over eight years (Jim Williams says $178-183MM).

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Baltimore Orioles Boston Red Sox New York Yankees Washington Nationals Mark Teixeira

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Odds and Ends: Boras, Wigginton, Burrell

By Tim Dierkes | December 23, 2008 at 12:56pm CDT

Tuesday linkage…

  • Changed my mind on the chat…we will not be holding it at 2pm today.  The time/day of the chat is TBD.
  • Here’s a list of the largest contracts in baseball history.  You can see why Scott Boras would want Teixeira to reach $190MM.
  • Michael S. Schmidt of the New York Times notes that aside from Felipe Lopez, all of Boras’ free agent clients are unsigned.
  • Peter Abraham explains the Yankees’ large luxury tax.
  • The Reds have yet to open talks with Aaron Miles, Ty Wigginton, and Pat Burrell.  Talks are ongoing with Jerry Hairston Jr. and Willy Taveras, though Walt Jocketty is not making much progress with Rocco Baldelli.
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Cincinnati Reds New York Yankees Aaron Miles Jerry Hairston Jr. Mark Teixeira Pat Burrell Rocco Baldelli Scott Boras Ty Wigginton Willy Taveras

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Olney’s Latest: Lyon, Cabrera, Castillo

By Tim Dierkes | December 23, 2008 at 10:17am CDT

The latest from ESPN’s Buster Olney.

  • Olney says the Brewers "might take a look at" free agent reliever Brandon Lyon, who’s been linked in other reports to the Twins and Red Sox.  It’s been reported that Lyon seeks a multiyear deal and may wait until Brian Fuentes signs.  Nick Piecoro suggested that one unknown Lyon suitor views him as a starter.
  • Olney says the Brewers will probably reach out to Trevor Hoffman, and the Dodgers will also take a look.  He adds that the Dodgers will not attempt to re-sign Derek Lowe despite his sinking price tag.
  • The Dodgers turned back to Rafael Furcal after realizing Orlando Cabrera had an asking price close to the amount Furcal signed for.  The market for Cabrera seems weak, perhaps since he will cost a draft pick.  Cabrera signing with the Dodgers would’ve been ideal for the White Sox, who would’ve swiped L.A.’s #17 draft pick in June.
  • Olney says the Mets continue to attempt to unload Luis Castillo, who has $18MM left on his deal.
  • Interesting note: "For the first time in recent memory, the Yankees’ offices will be closed in the week between Christmas Day and New Year’s Day — one of the signs of the more measured leadership of Hal Steinbrenner."
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Los Angeles Dodgers Milwaukee Brewers New York Mets New York Yankees Brandon Lyon Derek Lowe Luis Castillo Orlando Cabrera Rafael Furcal Trevor Hoffman

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Mark Teixeira Rumors: Monday

By Tim Dierkes | December 22, 2008 at 8:07pm CDT

8:07pm: SI.com’s Jon Heyman says baseball people expect Teixeira to sign before Thursday.  Rival execs see the Red Sox as the favorite.  The Orioles and Nationals remain engaged; the Yankees are the wild card.  Heyman says the Yanks would only want to spend slightly more than the $161MM they committed to C.C. Sabathia.

7:20pm: Roch Kubatko of MASN Online learned from multiple sources that the Nationals "have sweetened their proposal to Teixeira, offering him an eight-year deal worth $178-184MM."  He’s been told they’re willing to go nine years and there’s been talk of ten.

9:02am: ESPN’s Buster Olney sums up the Mark Teixeira situation in his blog today.  Olney says Teixeira’s "leverage has probably maxed out, and now only runs the risk of being diminished."  The status of the involved teams:

  • Angels: out of the running.
  • Yankees: Olney says they initially made an offer that was markedly less than other teams, and have since withdrawn it.
  • Orioles: Olney says they’re at seven years, $140MM (as opposed to the $140-150MM range we’ve seen reported).  Offer has not been upgraded.
  • Nationals: eight years, $160MM based on published reports.  Olney is not sure whether the Nats have raised this offer but heard from confidants of "one high-ranking executive" that they have not.  Olney’s Nationals sources expressed pessimism about their chances.
  • Joe Posnanski: out of the bidding.
  • Red Sox: Were willing to do $170-175MM when they flew out to meet Teixeira and Scott Boras; "might be nudged to $180MM."  We know that the Red Sox did not pull their offer, but haven’t spoken to Boras since Thursday night.
  • Olney wonders: will Boras shoot for $190MM with the intent of topping Derek Jeter’s $189MM?  If he tops it, Boras would secure the third-largest contract in MLB history for Teixeira (with his Alex Rodriguez deals taking the first two slots).
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Baltimore Orioles Boston Red Sox Los Angeles Angels New York Yankees Washington Nationals Mark Teixeira

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Impacto Deportivo Manny Report

By Tim Dierkes | December 22, 2008 at 5:02pm CDT

5:02pm: Hal Steinbrenner denies the report as well, says Kat O’Brien.  She says no offer is on the table for Manny.  Interestingly, O’Brien said she’s heard the names Pat Burrell and Jason Giambi mentioned for the Yankees.

3:34pm: Impactivo Deportivo sticks to its guns despite the Cashman denial.

MONDAY, 8:27am: MLB.com’s Bryan Hoch asked Yankees GM Brian Cashman about this report.  Cashman responded: "Not true."

SUNDAY, 10:53pm: According to a report in the Dominican newspaper Impacto Deportivo, the Yankees are on the verge of signing Manny Ramirez to a three-year, $75MM deal.  The report says negotiations are advanced and an announcement would take place Monday or Tuesday.  If true, this would be an incredible scoop.  However, there is reason for skepticism.  The money and timing just don’t seem right. 

A look at Impacto Deportivo’s recent history:

  • 11/24/08: Reported the Braves as the mystery team in on Rafael Furcal, offering four years and $52MM.  The offer was inaccurate, but they did nail the mystery team.
  • 11/12/08: Correctly scooped the Damaso Marte signing.
  • 2/21/08: Incorrectly indicated the White Sox reached an agreement with Bartolo Colon.  Also incorrect on a similar rumor involving the Royals.
  • 1/21/08: Correctly scooped the Octavio Dotel signing.
  • 11/18/07: Correctly scooped the Luis Castillo signing.
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New York Yankees Jason Giambi Manny Ramirez Pat Burrell

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Yankees Sign Chien-Ming Wang

By Tim Dierkes | December 22, 2008 at 4:49pm CDT

According to a press release, the Yankees signed arbitration-eligible starter Chien-Ming Wang for 2009.  Wang is under team control through the 2011 season.  River Ave. Blues notes that the two sides went to a hearing about $600K last year, and the Yankees’ victory continues to pay off.

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New York Yankees Chien-Ming Wang

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Odds and Ends: Napoli, Schilling, Bradley

By Tim Dierkes | December 22, 2008 at 2:25pm CDT

Links for Monday, to be updated as more come in.

  • RotoAuthority suggests Mike Napoli could be a top five catcher in fantasy baseball next year with enough playing time.
  • Curt Schilling gives his thoughts on agents.
  • Geoff Baker thinks Milton Bradley would be a good fit for the Mariners.
  • River Ave. Blues likes Gabe Kapler for the Yankees.
  • Nationals pitcher Collin Balester calls it – World Series sweep if they sign Mark Teixeira.  Balester keeps a blog here, check it out.
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New York Yankees RotoAuthority Seattle Mariners Washington Nationals Curt Schilling Gabe Kapler Mark Teixeira Milton Bradley

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