Ten Players To Receive Qualifying Offers
Major League teams had until 5pm ET today to extend qualifying offers to their impending free agents — a decision that could significantly impact the market for a number of players this winter. For those unfamiliar with the process, the collective bargaining agreement stipulates that teams can make a “qualifying offer” to free agents that spent the entire season on the roster — midseason trades and signings are ineligible — if they wish to secure draft pick compensation for the loss of that player. The QO is a set one-year value determined by averaging the salaries of the top 125 players in the league. This year, the value of that sum comes to $17.2MM.
A player will have one week to survey the market and determine whether he wishes to accept the QO or reject in search of a more lucrative free-agent deal. If a player accepts the offer — something that has happened only three times since the system’s implementation in 2012 (Matt Wieters, Colby Rasmus and Brett Anderson) — that player is considered signed for the following season at $17.2MM. The contract is considered a free-agent deal, and as such, that player is not allowed to be traded without his consent until June 15.
If the player rejects a QO, he’s free to sign with any team for any amount (including the team from which he rejected the QO). However, whichever team signs a player that has rejected a QO must surrender its top unprotected pick in the upcoming draft (unless the player re-signs with the team that made the QO). The first 10 selections are protected, so those clubs would only be required to part with their second-highest pick. A team that signs multiple players that have rejected a QO continues to forfeit its top unprotected pick for each subsequent signing. The team that lost the free agent in question, meanwhile, will receive a compensatory draft pick at the end of the first round. The order of comp picks, like the draft order itself, is determined based upon the previous year’s standings.
Last year there were a record 20 players to receive QOs (valued at $15.8MM based on 2015 salaries). There should be fewer this year, given the weak free-agent market, but there should still be a double-digit total of QOs extended. Here’s a list of who will reportedly receive qualifying offers thus far, and we’ll update this throughout the day and include the full list when the 5:00pm deadline has passed:
- Mark Trumbo, Orioles (link)
- Jeremy Hellickson, Phillies (link)
- Yoenis Cespedes, Mets (link)
- Neil Walker, Mets (link)
- Edwin Encarnacion, Blue Jays (link)
- Jose Bautista, Blue Jays (link)
- Ian Desmond, Rangers (link)
- Dexter Fowler, Cubs (link)
- Kenley Jansen, Dodgers (link)
- Justin Turner, Dodgers (link)
For a more in-depth explanation of the qualifying offer system, you can reference back to our post Explaining The Qualifying Offer System from last October. In the past, MLBTR’s Tim Dierkes has also spoken to both agents and general managers about the importance of avoiding the qualifying offer and the impact it has on teams’ decisions. MLBTR’s Jeff Todd, meanwhile, penned a pair of insightful posts in an effort to contextualize and assess the QO system and its purposes on the heels of the 2013-14 offseason.
Rockies Hire Bud Black As Manager
TODAY: Black received a three-year deal with at least one option (of indeterminate kind) included, per Patrick Saunders of the Denver Post (via Twitter).
YESTERDAY: The Rockies have hired Bud Black as their new manager, according to Ken Rosenthal of FOX Sports. FanRag’s Tommy Stokke was first to report Colorado’s decision (Twitter links).
Black, 59, will now manage his second National League West team, having previously served as the Padres’ skipper from 2007-15. The Padres went 649-713 under Black, who helped the club to an 89-win season in 2007 and a 90-victory campaign in 2010. Black earned NL Manager of the Year honors in the latter season, but that was the last time the talent-deprived Padres finished over .500 on his watch. San Diego fired Black midway through the 2015 season, and he caught on with the Angels last November as a special assistant to general manager Billy Eppler. That was Black’s second stint with the Angels, as he previously worked as their pitching coach from 2000-06.
A longtime major league pitcher, Black will now take the helm of a Rockies team that plays half its games each season at hitter-friendly Coors Field. Thanks in part to that, the majority of Colorado’s hurlers have struggled over the years, but the team’s rotation now seems to have long-term building blocks in Jon Gray, Tyler Anderson and Jeff Hoffman.
Despite 382 1/3 combined innings of quality pitching from Gray and Anderson, not to mention a position player group featuring Nolan Arenado, DJ LeMahieu, Charlie Blackmon, Trevor Story and Carlos Gonzalez, the Rockies won just 75 games in 2016 and missed the playoffs for the seventh straight year. That led Rockies GM Jeff Bridich to part with Walt Weiss and replace him with Black, who beat out the likes of Don Wakamatsu, Tim Wallach, Dave Martinez, Sandy Alomar Jr., Glenallen Hill and Brad Mills for the job.
Cubs Decline Jason Hammel’s Option
TODAY: Chicago allowed Hammel to decide whether he’d be back for one more year or test the market, according to ESPNChicago.com’s Jesse Rogers. That was no doubt an easy call for him, at least financially.
YESTERDAY: The Cubs have declined right-hander Jason Hammel‘s $12MM option for 2017 in favor of a $2MM buyout, according to a team announcement. Hammel is now a free agent.
The World Series champions’ decision to cut the reasonably priced Hammel comes as a surprise, as he at least looked like a trade candidate prior to Sunday. However, president of baseball operations Theo Epstein announced that the team had no plans to pick up Hammel’s option just to shop him.
“The intent was never to exercise the option and then trade Jason, so we will not consider that path,” said Epstein. “Instead, Jason will have the opportunity to enter free agency coming off an outstanding season and the ability to choose his next club.”
Hammel, 34, contributed 166 2/3 innings of 3.83 ERA pitching to go with a 7.78 K/9, 2.86 BB/9 and 42.1 percent ground-ball rate in 2016. He experienced elbow tightness late in the regular season, though, and the club subsequently left him off its roster during playoff victories over the Giants, Dodgers and Indians.
This ends Hammel’s second stint with the Cubs, who signed him to a one-year contract entering the 2014 season and then sent him and Jeff Samardzija to Oakland in a July deal that brought shortstop Addison Russell to Chicago. Hammel subsequently returned to the Windy City in free agency the next winter, ultimately collecting $20MM from the team on what would have been a three-year, $30MM pact had the Cubs exercised his option.
For Hammel’s earning power, the Cubs’ move to buy him out comes at a fortuitous time. Given the weakness of this winter’s free agent class, he’ll return to the open market as one of the top starters available. Going back to 2014, Hammel has logged a 3.68 ERA, 8.3 K/9, 2.4 BB/9 and 40 percent grounder mark over 513 2/3 innings.
Barring offseason acquisitions, the Cubs’ removal of Hammel from their roster will leave them with Jon Lester, Jake Arrieta, Kyle Hendricks, John Lackey and Mike Montgomery as their starting five entering 2017. That quintet should form one of the majors’ premier rotations next season if healthy, though the Cubs’ depth took an obvious hit with Hammel’s exit.
Yoenis Cespedes To Opt Out Of Contract With Mets
NOVEMBER 5: Cespedes has officially opted out of his contract, ESPN’s Adam Rubin writes. The Mets will extend him a qualifying offer on Monday.
OCTOBER 26: Outfielder Yoenis Cespedes plans to opt out of the two remaining years on his contract with the Mets, according to Jon Heyman of Fan Rag. His deal gave him a choice between returning to the free agent market and taking $47.5MM for two more years in New York.
The decision to opt out has been expected for quite some time — if not from the dramatic moment the contract was signed in late January, then since Cespedes completed a mostly healthy and entirely productive campaign. Certainly, it has been apparent to the team that Cespedes would test the market, of course, so his decision won’t come as a surprise when it’s made official after the World Series.
Giving Cespedes an opt-out opportunity was a critical element of the Mets’ pitch to him last winter, when he took a smaller total contract (three years, $75MM) than some other teams offered. While the desire to return to New York certainly seemed to play a role, there was plenty of financial sense in the move as well.
Taking the Mets’ offer gave Cespedes the chance to take home $27.5MM for 2016 and then re-enter the market — which, it seems, is exactly what he’ll do. Alternative arrangements would have reportedly promised him as much as $110MM, but would’ve included deferrals, covered five years, and come without an opt-out opportunity.
That gambit seems likely to pay off, as the 31-year-old posted another huge season and now looks to be the biggest free agent target in a much weaker overall group of talent than was available last year. Cespedes followed up on his monster second half run with the Mets in 2015 with a .280/.354/.530 slash and 31 home runs over 543 plate appearances.
Best of all, perhaps, Cespedes showed increased plate discipline — he posted a career-high 9.4% walk rate — without letting the selectivity sap his power. While he didn’t repeat his stellar defensive metrics, that was due in part to the fact that Cespedes was pressed into duty in center (where he has never rated well) and perhaps also to a nagging quad injury.
Importantly, New York will still be able to slap a qualifying offer on Cespedes. He’ll obviously turn that one-year, $17.2MM contract down, but in doing so will enable the Mets to pick up a draft pick if he signs with another team. A second reunion certainly can’t be ruled out after the team surprised with the first, but it seems the Mets will either need to promise more than they’d probably like to or (perhaps more likely) sit back and wait to see whether Cespedes again fails to find a suitable payday from another organization.
Diamondbacks Name Torey Lovullo Manager
4:55pm: Arizona has announced the hiring. Lovullo will receive a three-year deal, according to Nick Piecoro of the Arizona Republic (via Twitter).
12:03pm: The Diamondbacks will hire Red Sox bench coach Torey Lovullo as their new manager, reports John Gambodoro of Arizona Sports 98.7 FM in Phoenix (via Twitter). Lovullo, who obviously has a strong connection with former Red Sox GM and newly minted Diamondbacks GM Mike Hazen, has long been rumored to be the favorite for the managerial vacancy that opened when the D-backs fired Chip Hale at season’s end. The D-backs were said as of yesterday to be choosing between Lovullo and their own Triple-A manager, Phil Nevin.
Lovullo has been Boston’s bench coach for the past four seasons and comes with quite a bit of managerial experience, albeit most coming in the minor leagues. Lovullo spent 10 seasons as a minor league skipper between the Indians and Red Sox organizations and also acted as interim manager for the Red Sox while John Farrell underwent treatment for lymphoma late in the 2015 season. Lovullo has long been touted as a managerial prospect and was reportedly one of two finalists for the Twins’ vacancy before the team hired Paul Molitor prior to the 2015 season.
With Lovullo joining the Diamondbacks, the Red Sox have now lost three highly influential organizational figures to Arizona in a span of mere weeks. Hazen left his post as the Red Sox GM to take the same title with the D-backs, and while the move isn’t a promotion in the sense of title, it certainly is in terms of responsibility; Hazen was the clear No. 2 to president of baseball operations Dave Dombrowski in Boston but is the top decision-maker in his new role with the Snakes. Additionally, now-former Red Sox vice president of international/amateur scouting Amiel Sawdaye followed Hazen to Arizona, where he’ll serve as a senior vice president and assistant general manager.
Phillies Acquire Pat Neshek
The Phillies have struck a deal to acquire reliever Pat Neshek from the Astros, as Jake Kaplan of the Houston Chronicle first reported (via Twitter). Houston will receive a player to be named later or cash in the swap.
Neshek, 36, was controllable for the coming season through a $6.5MM club option. Philadelphia has exercised that option, as it announced along with the trade. The Astros were reportedly considering a trade of the veteran righty with his option decision coming due, and found a willing partner in a Phillies organization that has a need for bullpen depth.
The sidearming Neshek primarily delivers a sinker-slider combo has been rather effective over the past few years. While he hasn’t matched his output from a breakout 2014 stint with the Cardinals, Neshek is fresh off a year in which he contributed 47 innings of 3.06 ERA pitching with 8.2 K/9 and 2.1 BB/9.
Neshek has never carried much velocity, and has maintained his average fastball over recent years, so his age isn’t a significant concern. The biggest issue is his performance against lefties, who torched him for a .250/.321/.646 batting line and four home runs in 55 plate appearances last year. Of course, Neshek was exceedingly stingy when facing righties, who managed an anemic .172/.209/.254 batting line against him in 2016.
Those dramatic splits make Neshek somewhat unlikely to challenge for the Phillies’ somewhat unsettled closer’s role. But he could take an important spot in the pecking order for late-inning setup opportunities. Neshek provides the team with a veteran pen piece to help lock down winnable games as the Phils seek to move back towards contention — just the kind of target posited in our offseason outlook for the organization. He could also turn into a deadline trade chip. With only a single-season commitment required, and very little on the Philadelphia books, it was a fairly easy risk to take.
[RELATED: Updated Phillies Depth Chart]
For the Astros, whose bullpen was one of the game’s very best last year, it obviously made more sense to re-allocate the cash that might otherwise have gone to Neshek. Houston has plenty of options on hand to take over Neshek’s innings, and is already busying itself with building out the rest of its roster as it seeks to return to the postseason following a disappointing 2016 campaign.
Photo courtesy of USA Today Sports Images.
Volquez, Morales Decline Mutual Options; Royals Decline Option On Medlen
The Royals announced today that designated hitter Kendrys Morales and right-hander Edinson Volquez have declined their halves of their 2017 mutual options. Additionally, the team has declined its half of the mutual option on right-hander Kris Medlen. All three players will enter the free-agent market. It’s still possible that the Royals could make a $17.2MM qualifying offer to either Volquez or Morales, though Rustin Dodd of the Kansas City Star tweets that neither is likely. (That’s no surprise in the case of Volquez, though there was a bit more of a possibility in Morales’ case.)
Morales, 33, will enter the offseason with the strongest free-agent case. After an ice-cold start to the season, the switch-hitting slugger caught fire in June and finished out the year with a torrid .302/.364/.547 batting line and 24 homers in his final 404 trips to the plate. While that endpoint is admittedly arbitrary, Morales’ scorching summer demonstrated that he’s still capable of performing at a high level. That he’ll hit the market without being burdened by a qualifying offer should allow him to find at least a healthy two-year deal this winter — likely to serve as a DH and occasional first baseman elsewhere in the American League.
The Royals will have a hole at DH, of course, bur a reunion doesn’t seem to be in the cards given GM Dayton Moore’s statements about the team’s payroll regressing in 2017. The Red Sox, Blue Jays, Orioles, White Sox and Rangers are among the American League clubs that could have a first base/DH opening in 2017.
Volquez, also 33, had a strong first season in Kansas City (3.55 ERA in 200 1/3 innings) but was unable to replicate that success in the second season of his two-year, $20MM pact with Kansas City. The 2016 campaign, Volquez’s worst since 2013, saw the veteran right-hander limp to a 5.37 ERA with 6.6 K/9, 3.6 BB/9 and a 51.2 percent ground-ball rate. His year was in some ways the inverse of Morales’ 2016 season. The righty got off to a nice start (3.74 ERA through May 29) but saw his season completely collapse from that point forth. Volquez was tattooed for a 6.27 ERA over his final 122 innings, yielding 85 earned runs on 147 hits and 53 walks (plus six hit batsmen) in that time.
Given that dreadful skid, it’s at least somewhat surprising that Volquez was the one who declined his end of a $10MM mutual option, but given the dearth of quality rotation options on the open market this winter, he could still come away with a nice contract. He’s one season removed from a two-year stretch in which he posted a collective 3.30 ERA in 393 innings, and even in a dreadful 2016 season, Volquez logged 189 1/3 frames. Durability pays on the open market, and Volquez’s camp can pitch him as the most reliable source of 190+ innings available in free agency in an offseason market where the headliners include Rich Hill, Jeremy Hellickson and Ivan Nova.
Medlen, meanwhile, was signed prior to the 2015 season as a reclamation project on the heels of his second career Tommy John surgery, but his two-year deal ultimately provided little to return on Kansas City’s $8.5MM investment. After tossing just 58 1/3 innings in 2015, Medlen was slowed by a pair of shoulder injuries in 2016 and managed to take the hill for just 24 1/3 frames of 7.77 ERA ball. It doesn’t seem that long ago that Medlen looked to be blossoming into a potential front-of-the-rotation starter with the Braves, but the 2.47 ERA he posted in 335 innings over a two-year span came all the way back in 2012-13. It’s now been three full seasons since Medlen was an effective Major League pitcher, and while some teams figure to look at him as a low-cost roll of the proverbial dice this winter, he may have to earn his roster spot and earn a significant portion of his 2017 salary via performance incentives.
Angels Acquire Cameron Maybin, Exercise His Option
The Angels wasted no time in filling their left field need this winter, as they announced on the first afternoon of the offseason that they’ve acquired Cameron Maybin from the Tigers in exchange for minor league righty Victor Alcantara and exercised Maybin’s $9MM club option for the 2017 season.
After an aggressive 2015-16 offseason, the Tigers shifted course recently, with GM Al Avila saying the team was going to prioritize getting younger and would no longer “play above its means.” Moving Maybin allows the Tigers to trim some money off the 2017 ledger without losing the talented outfielder for nothing, and they’ll now not only save his $9MM salary but also the $1MM they’d have paid by simply buying the option out. It remains to be seen what the Tigers are receiving in exchange, though the Angels notoriously have one of the league’s worst farm systems (if not the worst). Nonetheless, the Tigers can still pick up a piece or two to add to the farm system and better position themselves for the future.
Maybin, 30 in April, was originally drafted by the Tigers in the first round back in 2005 but found himself traded to the Marlins as one of the centerpieces of the Miguel Cabrera blockbuster (Andrew Miller was the other headliner). After bouncing around the National League a bit for the next several years, Maybin ended up back with the Tigers last season in a trade that sent Ian Krol and Gabe Speier to the Braves. A fractured wrist and a sprained thumb cost Maybin nearly half the season, but in the 94 games that he was healthy, he was quite productive, batting .315/.383/.415 with four home runs and 15 stolen bases. Defensive metrics have been down on Maybin’s work in center field for the past couple of years, but a move to left field should yield more favorable ratings.
Maybin will line up in the Halos’ outfield alongside superstar Mike Trout in center field and the highly undervalued Kole Calhoun in right field to give the Angels a talented and athletic trio of outfielders. With left field taken care of on the first day of the offseason, the Angels can quickly shift their focus to other areas of need this winter, namely second base, catcher and the pitching staff. As for the Tigers, the subtraction of Maybin will leave the team looking for center field help, although they could also turn to young JaCoby Jones in center field.
The 23-year-old Alcantara spent this past season with the Angels’ Double-A affiliate and logged a 4.30 ERA with 6.4 K/9, 4.6 BB/9 and a 55.6 percent ground-ball rate in 111 innings (20 starts, nine relief appearances). MLB.com rates Alcantara as the Halos’ No. 8 prospect and gives him a plus fastball and above-average slider on the 20-80 scouting scale. He’s been a starter for most of his minor league tenure, though the MLB.com report on him notes that Alcantara may not have the command or third pitch required to be a starter in the Majors and could instead be a highly effective reliever. Baseball America pegged him fourth among Angels farmhands in their midseason update and noted that his fastball velocity has dipped as he’s developed a more controlled delivery that is easier to repeat.
MLB.com’s Jason Beck (Twitter link) first reported that the Tigers were exploring trades for Maybin, and Ken Rosenthal of FOX Sports reported that the Angels were acquiring him (Twitter link). Anthony Fenech of the Detroit Free Press reported that Alcantara would head back to the Tigers (Twitter link).
Photo courtesy of USA Today Sports Images.
Tigers Exercise 2017 Option On Francisco Rodriguez
The Tigers announced today that they’ve exercised their $6MM club option on closer Francisco Rodriguez. That option came with a $2MM buyout, effectively making this a $4MM decision for the Tigers.
Rodriguez, 35 in January, enjoyed a strong first year with the Tigers in 2016 after being acquired from the Brewers in exchange for minor league infielder Javier Betancourt. The active saves leader (430 in his career), Rodriguez picked up 44 saves in the Motor City and pitched to a 3.24 ERA with 8.0 K/9 against 3.2 BB/9 to go along with a career-best 54.7 ground-ball rate in 58 1/3 innings.
The Tigers were faced with two option decisions this offseason and elected to pick up their option on K-Rod while trading center fielder Cameron Maybin to the Angels in exchange for minor league righty Victor Alcantara. That would appear to be the first step in GM Al Avila’s stated goal of getting younger while scaling back the team’s payroll. However, while Rodriguez looks to be in the fold next season for now, there’s no guarantee that he won’t be shopped around later this winter.
If K-Rod is indeed back with the Tigers, he’ll join hard-throwing setup man Bruce Rondon in the bullpen along with lefty Justin Wilson and right-hander Alex Wilson. The Tigers also possess one of the game’s more intriguing bullpen prospects in minor league strikeout machine Joe Jimenez, giving the team the foundation for a potentially strong bullpen next season. (Alcantara, acquired in the Maybin deal, could potentially factor into that mix at some point as well.)
Astros Claim Nori Aoki From Mariners
The Astros announced today that they’ve claimed outfielder Nori Aoki off waivers from the Mariners. As MLB.com’s Greg Johns pointed out earlier today (on Twitter), there’s been a public misconception that Aoki is eligible for free agency because his option didn’t vest and because his previous contracts allowed him to hit free agency upon their completion. That doesn’t appear to have been the case with the one-year deal he inked in Seattle last offseason, and he’ll now be controllable by the Astros via arbitration for the 2017 season.
[Related: Updated Houston Astros depth chart]
Aoki, 35 in January, will give Houston an option to take some at-bats in left field next season in the wake of Colby Rasmus‘ impending departure. He’ll bring a contact-oriented approach to the Astros that represents something of a departure from the strikeout-prone bats with which Houston has been comfortable in recent years. Aoki hit .283/.349/.388 in 467 plate appearances and struck out at just a 9.6 percent clip with Seattle last year after signing a one-year deal in the offseason.
That contract guaranteed Aoki $5.5MM and came with a vesting option for the 2017 season, but Aoki fell 13 PAs shy of triggering that guaranteed 2017 payday. It would appear that the Mariners sought to outright Aoki, thereby allowing him to re-enter the free agent market, but he’ll now head to Houston as an arbitration eligible player. Presumably, he’s the front-runner for everyday at-bats in left field right now, where he’ll bring a career .286/.353/.387 slash and minuscule eight percent strikeout rate to the table. That’ll position the Astros to deploy an outfield with Aoki in left in budding star George Springer in right field. As it currently stands, defensive standout Jake Marisnick will get the bulk of the at-bats in center field, although the Astros have a number of versatile pieces that could allow them to pursue a variety of avenues this offseason.
Springer, for instance, could shift over to center field — especially now that Tal’s Hill has been removed from Minute Maid Park — and allow the Astros to pursue a big-time corner outfield bat. Alternatively, Houston could give Alex Bregman and/or Yulieski Gurriel some time in left field with Aoki covering right field and Springer taking some turns in center, thus freeing up more room for a corner infield/designated hitter addition.
Photo courtesy of USA Today Sports Images.