Brian Cashman On Andrew Miller, Didi Gregorius

The Yankees addressed two major needs earlier today when they completed a three-team deal to land shortstop Didi Gregorius and later signed reliever Andrew Miller to a four-year, $36MM deal.  Since the Miller deal came to light, some have wondered whether he will displace free agent David Robertson as the team’s closer.  In a conference call earlier today, GM Brian Cashman left the door open for Robertson but also made it clear that he’ll be addressing other needs as well.

We’ll wait and see.  We’re still evaluating all opportunities in this market place,” Cashman said.  “We need to address the left side of the infield, the starting rotation, finding a fourth outfielder…we’ll evaluate every opportunity that comes our way and with all the moving pieces that we have going on, we have to take a serious interest in all of those things and I can’t predict how that will go.

If one thing is for certain in Cashman’s mind, it’s that there is plenty more work to be done this winter.  He told reporters that he is in “acquisition mode” this offseason as the Yankees look to take care of their multiple needs.  Still, he won’t prioritize one area over another as intends to pounce on whatever opportunities and strong fits come his way.

Of course, he trimmed down the checklist a good amount today with the acquisitions of Miller and Gregorius.  As Cashman explained, his pursuit of the young shortstop has been going on for some time.

He’s a young athletic shortstop and his defense is very good.  He’s struggled against left-handed pitching and we believe he hits right-handed pitching well, so I think at the very least, we open up 2015 with him in a platoon with Brendan Ryan until he separates himself.  So, the high end projection is that we think there’s more in the tank there as he continues to develop. We think he’s an exciting talent, but honestly he’s not a finished product.

He’s someone we targeted not just this winter, but in past seasons, both with the old regime and the new regime.  I had to go through another club to get my hands on him.  We believe we’re in a better place than we were before we had him,” Cashman explained.

Even though Cashman was happy to finally get his man, it was difficult for him to part with right-hander Shane Greene in order to make it happen.  In the end, Cashman felt that Greene established himself as a promising talent after last season, but that was the price he had to pay in order to get an up-and-coming player at a premium position.

While today’s acquisitions will be counted on for big performances in 2014, Cashman knows that it’ll be even more crucial for the Bombers to get strong play out of their veterans coming back from injury.  Alex Rodriguez‘s name was mentioned alongside the likes of Carlos Beltran, Mark Teixeira, and Brian McCann, but he was noticeably left out when Cashman noted that he has one possibility to play third base (Martin Prado) on the roster.  When asked to expand, Cashman explained that he’s only hoping for, not banking on, A-Rod to be a factor at third base.

I think it’s every color on the rainbow.  The extreme hope is that you can get the middle of the lineup bat to play third whenever you want, if not all the time.  The worst case scenario is that he’s no longer a third baseman and doesn’t have that bat and you’re looking other places,” said the GM.

Ultimately, Prado could wind up being slotted in at second or third base and Cashman sounded like someone who was equally open to either possibility.   Figuring out a solution for one of those two positions will be amongst the Bombers’ top priorities going forward, but the crazy nature of the baseball offseason means that Cashman will have to be equal parts proactive and reactive in filling the team’s holes.  Whether the Yankees put more resources into the infield or, say, fortifying the starting rotation will hinge on what opportunities present themselves in the coming weeks.

I will gravitate faster to whatever presents itself as the most interesting option.  I will have to act accordingly because there are many teams with the same needs as us,” Cashman said.

Yankees Sign Andrew Miller

5:27pm: Miller will receive a straight $9MM annual salary, tweets Jon Heyman of CBSSports.com. The deal does not include any options.

2:38pm: Earlier today the Yankees acquired Didi Gregorius in a three-team trade, and that was just the beginning of the splash they’re making, as they’ve now also announced the signing of Andrew Miller to a four-year contract. Miller, a client of Frontline Athlete Management, will reportedly receive a $36MM guarantee, but the contract does not include a no-trade clause.

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The 29-year-old Miller (30 next May) broke out in a huge way in 2014, pitching to a 2.02 ERA with an eye-popping 14.9 K/9 (an AL record), 2.5 BB/9 and a 46.9 percent ground-ball rate in 62 1/2 innings for the Red Sox and Orioles. He went on to throw another 7 1/3 shutout innings with an 8-to-1 K/BB ratio in the postseason as well. Miller will pair with Dellin Betances — an electric breakout story himself — at the back of the Yankee bullpen, giving manager Joe Girardi a pair of dominant late-inning options. Joel Sherman of the New York Post expects Miller to be used to close games, but not exclusively, as Betances will likely be in the mix for save opportunities as well (Twitter link).

Of course, Girardi is accustomed to that feeling, as he was able to enjoy excellent work from David Robertson and Mariano Rivera from 2011-13, and then Robertson and Betances this past season. The Miller signing doesn’t necessarily preclude the Yankees from retaining Robertson, as some reports have indicated that it’s at least possible for GM Brian Cashman to spend to bring both elite relievers to the Bronx. That would give the Yankees a Royals-esque late-inning trio, though the team may also simply replace Robertson with Miller and collect a draft pick when their closer signs elsewhere.

Miller’s contract is the largest ever for a non-closing reliever — a nice feather in the cap of agent Mark Rodgers. Rafael Soriano had previously signed a three-year, $35MM contract to set up for the Yankees, though he had prior closing experience. Scott Linebrink signed a four-year, $19MM contract with the White Sox that was the largest guarantee for a setup man that had never closed.

As excellent as Miller was in 2014, the contract is clearly not without risk for the Yankees. Setting aside the volatile nature of all relievers, this past season marked the first year in which Miller displayed above-average control and was also the first in which he was allowed to face both right-and left-handed hitters in a full setup capacity. Miller averaged 4.7 walks per nine innings from 2012-13 (5.0 in 2013) and totaled just 71 innings in that time due to a combination of a more limited role and injuries. Miller suffered a lis-franc fracture in his foot in 2013 and missed time in 2012 with a strained hamstring. This past season he faced 144 righties and 98 lefties, but in 2013 he faced a much more even 73 righties and 62 lefties. In 2012, he was deployed mostly as a lefty specialist, pitching to 102 left-handed hitters and just 67 right-handed batters.

The Miller situation has likely handcuffed the free agent reliever market to some extent. As many as 23 clubs showed interest in him, though in recent days it seemed that the Astros, Dodgers and Yankees were among the final clubs standing. With one of the top two names off the board — Robertson being the other — more relief signings figure to trickle in, especially considering the fact that Robertson’s market figures to be limited to a smaller number of teams, given his higher asking price.

Jack Curry of the YES Network first tweeted news of the agreement and the terms of the contract. ESPN’s Buster Olney tweeted the lack of a no-trade clause.

Photo courtesy of USA Today Sports Images.

Jon Lester Rumors: Friday

The Cubs, Red Sox, Giants and Dodgers are believed to be the top four suitors for Jon Lester, who reportedly isn’t expected to make a decision prior to the beginning of next week’s Winter Meetings. We’ll keep track of today’s Lester rumors here…

  • Ryan Dempster, who joined the Cubs‘ front office today, has been in contact with Lester and talked up how great it is to pitch with the Cubs, writes ESPN Chicago’s Jesse Rogers. A source familiar with the Lester negotiations told Rogers that reports indicating a $130-140MM offer from the Cubs are actually low. Lester is expected to top $150MM, Rogers writes, and if a team “blows past” that number by adding a seventh year or bidding $160-170MM, Chicago is likely to bow out of the race.

Dodgers Claim Ryan Lavarnway, Designate Drew Butera

The Dodgers announced that they have claimed catcher Ryan Lavarnway off waivers from the Red Sox and designated fellow backstop Drew Butera for assignment (Twitter link).

The 27-year-old Lavarnway has seen MLB action in parts of four seasons with the Red Sox but failed to establish himself at the plate, having posted a combined .201/.249/.315 batting line in 301 plate appearances. Formerly ranked as a Top 100 prospect by both Baseball Prospectus and MLB.com, Lavarnway has a strong minor league track record, including a .284/.377/.448 triple-slash in 1102 Triple-A plate appearances. He comes with more upside at the plate than the defense-first, though Lavarnway has caught just 10 of 63 potential base-stealers in the Majors (16 percent) and didn’t stand out in terms of pitch-framing in his two longest Major League stints.

Butera, 31, is a glove-first catcher that has never hit much at any level and owns just a .183/.239/.268 batting line in the Majors. However, his reputation behind the plate has led to him receiving 733 plate appearances between the Twins and Dodgers (192 with L.A. in 2014) in spite of his deficiencies with the bat.

The Dodgers’ catching situation remains in flux, as the team was in hard on Russell Martin earlier this offseason and has recently been linked to Yasmani Grandal in trade rumors. A.J. Ellis typically steady bat took a large step backwards in 2014, and improving the production behind the plate appears to be a priority for the new front office regime.

Royals Re-Sign Luke Hochevar

1:29pm: Jon Heyman of CBS Sports tweets that Hochevar can earn $500K worth of incentives for non-closing relief work, $500K of incentives for closing work and up to $2MM for starting.

DEC. 5, 12:35pm: The Royals officially announced Hochevar’s return yesterday, including the fact that it contained a 2017 mutual option. Today, SB Nation’s Chris Cotillo reports the breakdown of his contract (Twitter links). Hochevar will earn $4MM in 2015 and $5.5MM in 2016. The deal contains a $7MM mutual option with a $500K buyout as well as performance escalators that can boost his salary from $5.5MM to $6.5MM. Interestingly, the triggers for that $1MM increase is either 23 games started or 150 innings pitched, so it seems that the Royals are at least open to letting Hochevar work as a starter, though perhaps only if they’re unable to supplement their rotation this offseason.

DEC. 3:The Royals have reached an agreement with reliever Luke Hochevar on a two-year, $10MM deal, according to Jon Heyman of CBS Sports.  The signing further deepens the best bullpen in the Majors.  Hochevar is represented by the Boras Corporation.

Luke Hochevar

Hochevar, 31, switched to the bullpen in 2013 and turned in a dominant season with a 1.92 ERA and 10.5 K/9.  However, he went under the knife for Tommy John surgery in March of this year.  Some pitchers are able to fully recover in one year, though many require several months beyond that.  Hochevar has spent his entire pro career with the Royals after being drafted first overall in 2006.  He had been rated as a top five draft prospect the year prior but fell to the Dodgers at 40th overall due to his bonus demands and affiliation with Boras.

The trio of Greg Holland, Wade Davis, and Kelvin Herrera turned in dominant seasons for the Royals, including a 1.12 ERA in 40 1/3 postseason innings, and all three remain under team control.  The Royals also re-signed veteran Jason Frasor five days ago, so they’re very deep in right-handed relief pitching.  They could stick with this unit and continue to shorten games, or entertain trading one of Holland, Davis, or Herrera as their salaries grow.  Kansas City has already traded Aaron Crow to the Marlins in exchange for lefty Brian Flynn and minor leaguer Reid Redman, the former of whom could theoretically jump right into the bullpen or work as a starter in the minors.

Hochevar’s contract is the third significant multi-year deal scored by a reliever since the World Series concluded, and all have come at a relatively significant price.  Zach Duke nabbed a three-year, $15MM contract, and Koji Uehara signed on for two more years in Boston at a total of $18MM.  This signing is a bit more expensive than that of Eric O’Flaherty‘s with Oakland last offseason, but the two are largely similar. O’Flaherty inked a two-year, $7MM contract with the A’s after undergoing Tommy John surgery on May 21, 2013.  Hochevar’s Tommy John came prior to the regular season, so it stands to reason that he could return to the Majors earlier in the 2015 season than O’Flaherty was able to in 2014.  That difference is likely a contributing factor to the additional $3MM on Hochevar’s guarantee.

Photo courtesy of USA Today Sports Images.

Padres Sign Clint Barmes

The Padres announced today that they’ve added some middle infield depth by signing Clint Barmes to a one-year contract with a club option for the 2016 season. Barmes, a client of Meister Sports Management, reportedly receives a $1.3MM base salary with a $2MM club option that comes with a $200K buyout. All told, it’s a $1.5MM guarantee, and the option’s value can reportedly increase to as much as $4MM based on incentives.

Barmes, 35, provides a veteran option up the middle for a San Diego club that just moved on from shortstop Everth Cabrera. He saw his playing time steadily fall off over the last two years after making over 400 plate appearances for five straight seasons.

Though Barmes has always had quite a well-regarded glove — indeed, he continues to provide value there — his bat has always been below average and has fallen off in recent years. Since the start of the 2012 season, he owns a .224/.271/.314 slash. Of course, Barmes has been so good in the field that he has still played comfortably above replacement level over that stretch.

Ken Rosenthal of FOX Sports first tweeted news of the agreement. Jon Heyman of CBS Sports first reported basic terms of the contract (on Twitter), and MLB.com’s Corey Brock provided further details (Twitter link).

Matt Kemp Rumors: Friday

Last night, Ken Rosenthal of FOX Sports shed some light on the Dodgers’ Matt Kemp trade talks with the Padres, reporting that Yasmani Grandal would likely be in any package, with money heading back to San Diego to help facilitate the deal. Kemp’s name figures to be a heavily discussed topic in the coming days as we prepare for the 2014 Winter Meetings. We’ll keep track of Friday’s Kemp rumors in this post…

  • The Rangers have also checked in on Kemp, tweets Jon Morosi of FOX Sports. Texas is known to be in the market for an outfield bat with Alex Rios‘ departure. They’ve previously been linked to Torii Hunter (who signed with the Twins) and Justin Upton.

Earlier Updates

  • The Mariners remain in talks with the Dodgers regarding Kemp, according to Rosenthal (Twitter links). While the $107MM commitment remaining on Kemp’s contract is an obstacle, the Mariners have shown a real reluctance to give up a significant package for one year of Justin Upton. Rosenthal’s implication seems to be that if some money heads to Seattle in the deal, they may be more willing to part with talent for a long-term upgrade than a rental player.
  • The Orioles are also in talks for Kemp, tweets Rosenthal, and they have a different obstacle in those discussions. Baltimore is known to generally be one of the game’s most cautious teams when it comes to injuries, and Kemp has a spotty health track record. He underwent ankle and shoulder surgeries following the 2013 season, Rosenthal notes. Additionally, Kemp had shoulder surgery following the 2012 season. He played in just 179 games from 2012-13, though he’s been durable in the surrounding years. Eduardo A. Encina of the Baltimore Sun makes a good point, tweeting that it’s hard to see the O’s setting aside injury concerns with Kemp when they just let Nick Markakis, who had been a fixture in right field, depart due to concerns pertaining to a neck issue.

Rays Hire Kevin Cash As Manager

1:03pm: The Rays have officially announced Cash’s hiring as the fifth manager in franchise history. President of baseball operations Matthew Silverman offered the following statement on Cash in a press release:

“Kevin is passionate, genuine and dedicated, and those attributes will resonate throughout our clubhouse. As a catcher, a scout and a coach, he has always been a student of the game, and his communication and tireless work will put our club in a position to win, night in and night out.”

12:10pm: The Rays will hire former big league catcher Kevin Cash as their next manager, reports Ken Rosenthal of FOX Sports (Twitter link). Cash was reportedly one of three finalists with Raul Ibanez and former Mariners manager/current Royals bench coach Don Wakamatsu. Ibanez had reportedly withdrawn himself from consideration earlier this week. An official announcement should come at some point today, based on previous reports.

Cash, who turns 37 tomorrow, served as the Indians’ bullpen coach in 2013-14 after a brief stop in the Blue Jays’ scouting department following his playing career. Earlier this offseason, Cash was one of three finalists for the Rangers’ managerial opening, alongside eventual winner Jeff Banister and now-former Rangers coach Tim Bogar. Jeff Passan of Yahoo Sports tweets that Cash was, in fact, the runner up to Banister.

Cash spent parts of eight Major League seasons as a catcher for the Red Sox, Yankees, Astros, Rays and Blue Jays, batting a combined .183/.248/.278 in 714 plate appearances. He’s drawn excellent reviews in his coaching stint with the Indians but will have some large shoes to fill for the Rays, who recently lost one of the game’s most recognizable and most respected managers in Joe Maddon.

Yankees Acquire Didi Gregorius In Three-Team Deal With D-Backs, Tigers

The Yankees, Diamondbacks and Tigers have officially announced a three-team trade sending shortstop Didi Gregorius from the D-Backs to the Yankees, right-hander Shane Greene from the Yankees to the Tigers, and left-hander Robbie Ray and infield prospect Domingo Leyba to the Diamondbacks.

"<strongGregorius, who turns 25 in February, has a good defensive reputation but comes with some question marks regarding his bat. In his age-24 season with the D-Backs, Gregorius batted .226/.290/.363 with six homers and three steals in 299 plate appearances. Overall, he’s compiled a .243/.313/.366 batting line over parts of three seasons in the Majors, showing stretches of offensive potential at times. For instance, Gregorius batted .275/.341/.403 in the first half of the 2013 season with a reasonable .313 BABIP, suggesting that his production wasn’t inflated heavily by luck. However, he followed that up with a .207/.314/.314 second half. He’ll obviously have large shoes to fill in New York as the Yankees hope that he can be a long-term replacement to Derek Jeter. Gregorius is controlled through the 2019 season, giving the Yankees at least five full seasons of his services if he proves that he can handle the job.

Greene is a candidate to immediately fill the fifth slot in the Tigers’ rotation behind David Price, Justin Verlander, Anibal Sanchez and Rick Porcello. The 26-year-old had an impressive debut with the Yankees in 2014, making 15 appearances (14 starts) and posting a 3.78 ERA (3.73 FIP, 3.40 xFIP, 3.41 SIERA) with 9.3 K/9, 3.3 BB/9 and a 50.2 percent ground-ball rate in 78 2/3 innings. Greene averaged a solid 93.1 mph on his fastball last year and gives the Tigers a piece they can potentially control in the long-term, with Price and Porcello set to hit free agency next winter. Greene is controllable through the 2020 season.

The Diamondbacks are dealing from a position of depth, as they had a number of shortstop options in 2015, with Gregorius, Chris Owings and Nick Ahmed all representing controllable possibilities, and the veteran Cliff Pennington serving as a one-year option before hitting the open market next winter. With this move, Owings will presumably be penciled in as the everyday shortstop and will team with Aaron Hill to form the Diamondbacks’ double-play tandem.

Arizona is known to be seeking rotation options for the 2015 season this winter, and in landing Ray, they’d be acquiring an arm that has a bit of MLB experience and could soon step into the rotation. Ray, who turned 23 in October, made nine appearances in Detroit this season but allowed 26 runs in 28 2/3 innings. He also struggled, to an extent, in Triple-A last year, pitching to a 4.22 ERA with 6.7 K/9 and 3.9 BB/9. However, he’s one year removed from being regarded highly enough by the Tigers to serve as the centerpiece in their trade of Doug Fister to the Nationals.

Leyba was recently ranked fifth among Detroit farmhands by Baseball America. The 19-year-old switch-hitter played both shortstop and second base between short-season Class-A in the New York Penn League and Class-A in the Midwest League, batting .323/.360/.423 with a pair of homers and a pair of steals in 278 plate appearances. In BA’s scouting report, Ben Badler writes that while Leyba doesn’t have any “dynamic” tools, he’s a fundamentally sound infielder with good bat control and a line-drive stroke that can barrel up against good velocity. Badler noted that he’s probably better suited at second base, but the Tigers did give him a look at short in the season’s final two weeks. MLB.com ranked him eighth among Tigers prospects on its midseason Top 20 list, noting that he has double-digit homer potential once he matures and possesses good strike zone knowledge.

For the Yankees, this places an even larger need on acquiring starting pitching, either via free agency or trade, this offseason. Greene’s departure leaves New York with Masahiro Tanaka (whose elbow health is up in the air), CC Sabathia (coming off knee surgery), Ivan Nova (coming off Tommy John surgery), Michael Pineda (who has been plagued by shoulder problems) and David Phelps as potential rotation pieces. The decision to move Greene in order to address shortstop isn’t necessarily the result of a faulty thought process, however. The free agent and trade markets are both stacked with starting pitching options this winter, while there’s little in the way of shortstop talent available (particularly if one feels that Asdrubal Cabrera and Jed Lowrie are better equipped to play second base). Gregorius will team with Martin Prado either up the middle or on the left side of the infield (depending on how New York’s pursuit of Chase Headley ultimately concludes), with Mark Teixeira hoping to return to health at first base. If they elect to use Prado at third and give Rob Refsnyder a shot at second base, as the Post’s George A. King III and others have speculated, then it stands to reason that the primary focus from this point forth will be pitching upgrades, both in the rotation and in the bullpen.

WFAN’s Sweeny Murti first reported a framework that was being discussed. The Arizona Republic’s Nick Piecoro then tweeted that Ray was likely one of the names headed to the D-Backs, and Ken Rosenthal of FOX Sports pushed the report across the finish line, noting that a deal with those parameters had indeed been agreed upon (Twitter links). Rosenthal’s colleague, Jon Morosi reported that Leyba was the second prospect in the deal (on Twitter).

Photo courtesy of USA Today Sports Images.

Ryan Dempster Joins Cubs’ Front Office

The Cubs announced today that Ryan Dempster has signed a one-day contract to retire as a member of the Cubs organization and will now join the team’s front office as a special assistant to president Theo Epstein and general manager Jed Hoyer.

Per a team press release, Dempster’s responsibilities will include working with pitchers in Spring Training, visiting the club’s minor league affiliates during the season, evaluating amateur players leading up to the 2015 draft and going on pro scouting assignments as well.

Dempster sat out the 2014 season due to physical issues and a desire to spend more time with his family — a decision that included him forfeiting his $13.25MM salary from the Red Sox. He then reportedly retired as a player in early October. Most of Dempster’s 16-year big league career was spent with the Cubs, and he’ll now be tasked with returning that franchise to prominence.

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