Trade Candidate(s): The Reds’ Starting Pitchers

The Reds’ hopes of challenging in the NL Central were dimmed by several major injuries this year, and this visit from the injury bug was particularly damaging to a team who already faced some big decisions in the offseason.  With just over $71MM committed to 10 players on the 2015 payroll, the mid-market Reds may be forced to save some money by moving a starting pitcher.  Though Cincinnati’s durable and deep rotation has been a big part of the club’s success in recent years, pitching seems like a natural area for payroll reduction simply due to the fact that three starters will enter their third year of arbitration eligibility.

MLB: Cincinnati Reds at Baltimore OriolesTwo pitchers who won’t be dealt are Homer Bailey and Tony Cingrani.  The Reds have already committed to Bailey in the form of a six-year, $105MM extension, and wouldn’t have been likely to move him even if Bailey hadn’t recently undergone forearm surgery.  Cingrani has also had injury problems, spending most of 2014 on the DL with shoulder problems.  Had Cingrani been able to build off of his impressive 2013 rookie season, the Reds would’ve felt at least a bit better about trading one of their more established starters (Bronson Arroyo wasn’t re-signed last winter in part because the Reds were comfortable with Cingrani).

It’s possible Cincinnati could trade multiple starters, though I’d suspect that the team wouldn’t want to lose too much pitching depth until they know Bailey and Cingrani are fully healthy.  The Reds would probably rather not have David Holmberg or Dylan Axelrod as full-time rotation members next year, top prospect Robert Stephenson still needs some seasoning (a 4.74 ERA in 136 2/3 IP at Double-A in 2014) and the newly-signed Raisel Iglesias could still wind up in the bullpen.

The Reds’ other four pitchers are all controlled only through 2015, so the team likely wouldn’t score a truly huge return in a trade but all carry value even as one-year pitchers.  The candidates…

Johnny Cueto: The Reds have a $10MM option on Cueto for 2015 that is sure to be exercised given how well Cueto has pitched.  After an injury-shorted 2013, Cueto bounced back in a major way by posting a 2.15 ERA, 8.9 K/9 and 3.73 K/BB rate over a league-leading 222 innings.

Cueto’s next contract will be in the nine-figure range, and it’s unclear if the Reds would be willing ink another major extension given how much money has been tied up in recent deals with Bailey, Joey Votto and Brandon Phillips.  Cueto would net the biggest return in a trade, though moving their ace would seem to hint that the Reds are punting on 2015, which I doubt they’re prepared to do.  On the other hand, the Reds could trade Cueto for Major League parts (such what the Rays and Red Sox received for David Price, John Lackey and Jon Lester before last July’s trade deadline) and use a Cueto deal to reload rather than rebuild.

Keeping Cueto would give the Reds stability at the top of their rotation, and they could still explore dealing Cueto at next year’s trade deadline if they fall out of the race.  If they’re contending and wanted to keep Cueto, Cincinnati could then get a compensatory draft pick via the qualifying offer if he leaves in free agency after the 2015 season.

In a recent Insider-only piece, ESPN’s Buster Olney recently explored Cueto’s trade market and raised the possibility that the Reds could clear some payroll space by attaching Phillips, for example, to Cueto in a trade package.  With several notable starters available as free agents this winter, Olney believes some teams might prefer trading for a year of Cueto rather than making an expensive multiyear commitment for an ace on the open market.  Also, a contending team that potentially loses their ace in free agency (such as if Max Scherzer leaves the Tigers or James Shields leaves the Royals) could look to Cueto as a short-term replacement to keep their rotation strong for another run in 2015.

Mat Latos: Ken Rosenthal of FOX Sports recently cited Latos as perhaps the likeliest of the Reds’ starters to be dealt, as both Latos and Cueto can make a case for commanding an extension larger than Bailey’s deal.  While Cueto is two years older than Latos, presumably the Reds would be more inclined to extend their homegrown product than they would Latos, who missed part of 2014 with an elbow injury.  Latos has a 3.25 ERA in 102 1/3 IP this year, though ERA indicators show that he hasn’t pitched quite that well (3.64 FIP, 4.00 xFIP, 4.08 SIERA) and both his ground ball and strikeout rates dropped significantly below his career averages.  The right-hander’s average fastball velocity also dropped to 90.7 mph, down from 92.5 mph in 2013.

The Reds already tested the market for Latos at the trade deadline, so I tend to agree with Rosenthal that if a Cincy starter is moved, it’ll probably be Latos.  His declined numbers could be explained by his elbow issues, and if fully healthy, Latos could be a standout front-of-the-rotation starter for several teams.  He earned $7.25MM in 2014 in the last year of a two-year extension, and he’ll be eligible for arbitration for a third and final time this winter.

Mike Leake: Another pitcher with a third arb year remaining, Leake will get a raise from his $5.925MM salary in 2014.  The right-hander has been a reliable rotation piece over his five Major League seasons, not missing many bats (career 6.1 K/9) but inducing a lot of grounders (49.8% ground ball rate) and eating a lot of innings, averaging 191 IP over the last three years.

Leake comes with the fewest question marks of any Cincinnati starter, lacking the injury histories of Cueto and Latos but also never pitching nearly as well as those two have at their peaks.  While Leake’s ceiling in the bigs may never surpass the “solid” level (he has an even 100 ERA+ over his career), this also means that the Reds could extend him at a much lower price than Cueto or Latos.  A Leake extension could look something like the five-year, $65MM deal the White Sox gave John Danks a few years ago, as Leake and Danks are decent comparables in terms of age and career numbers to that point in their careers, plus both had one arb year left before free agency.

The Reds put Leake and Latos on revocable waivers in August, possibly in a move to gauge trade interest for the upcoming offseason.  I’d guess there’s a better chance Leake stays in Cincinnati than goes, though the Reds will certainly get interest in the durable 26-year-old.

Alfredo Simon: The big surprise of the group, the 33-year-old Simon moved from the bullpen to the rotation as an injury fill-in and wound up making his first All-Star team.  Though his performance has very much come back to earth in the second half, Simon still has a 3.48 ERA through 178 1/3 innings on the season despite a middling 5.9 K/9.

Simon is arb-eligible for the third time this winter and he’ll earn a healthy raise over his $1.5MM salary, though the raise will hardly break the bank.  Simon’s age and career track record give him a very modest amount of trade value, so it’s likely he stays with the Reds and competes for the fifth starter’s job (or returns to the pen) if and when a rotation spot opens up via trade.

With this variety of available starters and a wide variance in asking prices for each of the four pitchers, many teams could fit as potential trade partners for the Reds under the “you can never have too much pitching” argument.  If the Reds look to deal a starter and fill an everyday lineup hole at the same time, they’ll likely target a left fielder or a shortstop as upgrades on Ryan Ludwick and Zack Cozart, respectively.  Ludwick has a $9MM mutual option for 2015 but after two negative fWAR seasons, the Reds might instead buy him out (for a deferred $4.5MM) and look for other options.

Using these needs to speculate about trade partners, the Cubs, Diamondbacks and possibly the Indians stand out as teams with a shortstop surplus.  The Red Sox have a glut of outfielders and are known to be looking for starting pitching.  The Dodgers could finally solve their long-standing logjam in the outfield and, if it meant getting back Cueto or Latos, would be willing to eat a lot of salary on one of their high-priced outfield bats.

As Ken Rosenthal noted (video link), the Reds could employ some gamesmanship with their starters and perhaps leverage them against each other in figuring out which (if any) pitchers they want to sign over the long term.  Between these negotiations and waiting for the free agent pitching market to play out, Cincinnati might wait until January or even February to move a starter.  At this point, the only thing that seems certain about the Reds’ 2015 rotation is that at least one of Cueto, Latos, Leake or Simon won’t be on the roster come Opening Day.

Photo courtesy of Joy R. Absalon/USA Today Sports Images

Braves Fire Frank Wren

The Braves have fired general manager Frank Wren, the team announced.  John Hart, a senior advisor with the club, will become the interim GM and will also be part of a three-man team (along with team president John Schuerholz and former manager Bobby Cox) in charge of finding a permanent general manager.

It was reported earlier today by David O’Brien of the Atlanta Journal-Constitution that a front office move was on the verge of happening, and Wren’s firing comes just a day after the Braves were officially eliminated from postseason contention.  The team is in the midst of a dreadful 4-14 stretch and the slump brought with it several rumors that Wren was on the hot seat.  The Braves will also make changes to their international scouting and player development departments, Peter Gammons reports, though manager Fredi Gonzalez’s job appears to be safe according to CBS Sports’ Jon Heyman (Twitter link).

MLB: Spring Training-Atlanta Braves at New York YankeesWren had been a member of the Braves front office since 2000, first serving as Schuerholz’s assistant GM and then taking over the general manager’s job following the 2007 season.  While Wren obviously had a tough act to follow given Atlanta’s string of consecutive playoff appearances under Schuerholz, the Braves “only” reached the postseason three times during his seven seasons as general manager and never advanced further than the NLDS.  The Braves were in playoff contention for much of this season before their September collapse sunk their chances and left the team in danger of only its third sub-.500 record in the last 24 years.

It was just this past winter that Wren received a contract extension and wide praise around the baseball world for locking up several of the Braves’ young stars (Freddie Freeman, Andrelton Simmons, Julio Teheran, Craig Kimbrel and Jason Heyward) and then acting fast to sign Ervin Santana in Spring Training when Brandon Beachy and Kris Medlen both went down to Tommy John surgeries.

What ultimately doomed the 2014 Braves, however, was a lack of hitting, which underlined Wren’s two biggest mistakes — signing B.J. Upton to a five-year, $75.25MM free agent deal and signing Dan Uggla to a five-year, $62MM extension after acquiring the second baseman in a trade from the Marlins.  As ESPN’s Jerry Crasnick put it, these two moves alone probably cost Wren his job, since Uggla was released earlier this year and Upton has been a bust since coming to Atlanta.

Photo courtesy of Kim Klement/USA Today Sports Images

Braves Front Office Move Coming “Very Soon,” Frank Wren Likely Out As GM

The Braves’ rumored front office changes could quickly become a reality, as David O’Brien of the Atlanta Journal-Constitution (Twitter link) reports that a “move is going to happen very soon.”  This move will likely be the removal of Frank Wren from the general manager’s job — O’Brien would be surprised if the move is anything besides Wren’s firing and FOX Sports’ Ken Rosenthal (Twitter links) that Wren is gone “barring a last-minute reversal” from upper management.  Wren could be fired as early as today, Rosenthal reports.

A 4-14 record in September both ended the Braves’ postseason hopes and generated speculation about Wren’s job security.  The most heavily-rumored scenario would see team president John Schuerholz or senior advisor John Hart take a larger role in the team’s baseball operations department, with assistant GM John Coppolella promoted to the general manager’s job on at least an interim basis.  (If Wren is indeed ousted today or before the season ends, Coppolella seems like the obvious candidate to be in the interim GM anyway.)

Frank Wren’s Job Possibly In Jeopardy

Nearing the end of a disappointing season, the Braves could fire GM Frank Wren, CBS Sports’ Jon Heyman writes, noting that the Braves’ collapse appears “sure to lead to some sort of significant change.” Manager Fredi Gonzalez’s job does not appear to be in danger at this time, Heyman adds.

These aren’t the first rumblings that the Braves’ front office might be in for a shakeup. Earlier this week, it emerged that the Braves might have either senior advisor John Hart or president John Schuerholz take an increased role in baseball operations. There have also been indications that, if Wren loses his job, the team might look to former Braves assistant GM and current Royals GM Dayton Moore, although Heyman suggests that’s unlikely. Earlier today, MLB.com’s Mark Bowman wrote that the Braves could consider dismissing Wren and/or Gonzalez “within the next few days.”

If the Braves were to fire Wren, they would likely turn to assistant GM John Coppolella, who would take the job on an interim basis and be mentored by Hart. Bowman writes, however, that Hart enjoys working as an MLB Network analyst and would not be interested in taking a full-time role with the Braves.

It’s been a tough September for the Braves — they’re currently 4-14 for the month and have fallen three games below .500. After spending much of the year in playoff contention, they were mathematically eliminated from the race today. Over the course of the season, the Braves have struggled with a weak group of position players, getting little from hitters like B.J. Upton, Dan Uggla, Ryan Doumit and Tommy La Stella, the first two of whom Wren signed to expensive long-term deals. If the Braves were to dismiss Wren, he would be the third GM fired or reassigned this year, following Josh Byrnes of the Padres and Kevin Towers of the Diamondbacks.

Yankees Designate Chaz Roe For Assignment

The Yankees announced that they have designated pitcher Chaz Roe for assignment.  In a related move, Masahiro Tanaka has been reinstated from the 60-day disabled list to make his start today against the Blue Jays.

Roe, 27, was acquired by the Yankees from the Marlins on August 31st.  In his season at Triple-A New Orleans, Roe posted a 3.66 ERA with 10.1 K/9 and 3.0 BB/9 in 64 innings of relief.  Prior to joining the Yanks, his only big-league experience came in 2013, when he pitched 22 1/3 innings for the Diamondbacks, posting a 4.03 ERA with a respectable 9.7 K/9 and 5.2 BB/9.  Roe made three appearances for the Bombers this year.

As the DFA Tracker shows, Roe and Eury Perez are the only players currently in DFA limbo.

Bud Black To Return As Padres Manager

Despite some speculation to the contrary, Bud Black will return as the Padres’ manager next season, GM A.J. Preller tells Barry M. Bloom of MLB.com.

Like I said from the beginning, I viewed it as Buddy is our manager,” Preller said. “I had a chance to really enjoy the last month, to get to know him more on a day-to-day basis, getting to be around him and getting his thoughts on the team and his thoughts on baseball in general.”

When asked specifically if he looked forward to working with Black for an entire season, Preller told Bloom: “Yes, I’m looking forward to that for sure.”

The Padres exercised an option on Black’s contract for the 2014-15 seasons in November of 2012, so his deal is already in place for next year.  Preller cited the team’s energy and work ethic as the main factor in the team’s decision to keep Black.

While the Padres’ 73-81 record isn’t what they had hoped for, they have reason for optimism going forward.  Preller went on to tell Bloom that management is on board to make the Padres competitive again in the NL West.

Rosenthal On Scherzer, Braves, Melvin

Here’s the latest from Ken Rosenthal, via a video on FOX Sports:

  • Gossip within baseball suggests that James Shields will likely go the Red Sox this offseason, with Jon Lester heading to the Cubs. That could leave a variety of teams competing for Max Scherzer, with agent Scott Boras “waiting it out,” as he often does to try to get teams to meet his price.
  • If the Braves decide to part ways with Frank Wren this offseason, they could promote assistant GM John Coppolella to the GM position and have senior advisor John Hart serve as Coppolella’s mentor. Rosenthal also suggests the possibility that the Braves could bring back Royals GM Dayton Moore. (We noted earlier today that the Braves could make front office changes this offseason.)
  • Fredi Gonzalez of the Braves and Ron Roenicke of the Brewers could be on the hot seat this offseason, but Bob Melvin of the Athletics likely will not be, Rosenthal says.

Braves Could Make Baseball Operations Changes

It appears the Braves are considering an expanded role for senior advisor John Hart within their front office. USA Today’s Bob Nightengale tweets that the Braves could consider having Hart head their baseball operations department, while David O’Brien of the Atlanta Journal Constitution clarifies that either Hart or John Schuerholz could have an expanded role in baseball operations, regardless of whether the Braves end up keeping or replacing current GM Frank Wren. Peter Gammons wrote earlier this week that the Braves could consider making Hart their president of baseball operations.

The Braves hired Hart in November for his current senior advisor role. Schuerholz is currently the team’s president. Both, of course, have distinguished track records as GMs. Hart presided over the Indians’ very successful run in the 1990s, and Schuerholz was his peer in Atlanta. (Hart also preceded Jon Daniels as the GM of the Rangers before serving as an advisor in Texas.)

The Braves have struggled down the stretch and are now 76-77, on the verge of missing a winning season for only the third time since 1990. They extended Wren and manager Fredi Gonzalez in February, but there have since been indications of trouble within the organization. MLB.com’s Mark Bowman reported earlier this week that former minor league pitching coordinator Dave Wallace took a position with the Orioles in part because of disagreements with the Braves’ front office. Bowman also notes that it was Schuerholz, not Wren, who stepped in to stop pitching coach Roger McDowell from taking a job with the Phillies.

Free Agent Stock Watch: Melky Cabrera

A year ago, Melky Cabrera‘s value was at its nadir. After a PED suspension cut short his 2012 breakout season with the Giants, and after he left the team under bizarre circumstances, Cabrera became a free agent and landed a relatively meager two-year, $16MM deal with the Blue Jays. He then began that deal by hitting a disappointing .279/.322/.360 in his first year in Toronto, then had surgery in September to remove a benign tumor from his back.

USATSI_8028977_154513410_lowresSince then, though, a healthier Cabrera has improved his bargaining position, hitting a much better .301/.351/.458 in his walk year and emerging as one of the better hitters available in a very weak free agent class. Perhaps even more importantly, he’s another year removed from his PED troubles, and his good season, along with even better seasons from Jhonny Peralta and Nelson Cruz, might suggest that teams this offseason will be less wary of suspended players than they have been in the recent past.

Cabrera now is out for the rest of the season with a fracture in his right pinky, an injury that could have some effect on his market as a free agent. He’s had surgery and should be ready for spring training, although the injury could theoretically have a lingering effect on his power.

Still, Cabrera is likely to get a sizable deal, given the weakness of the outfield market. Rusney Castillo has already signed with the Red Sox, and there’s another Cuban outfielder, the very promising Yasmany Tomas, who’s currently waiting to be declared a free agent. There’s also Cruz, who will be coming off a very good offensive season but is already in his mid-thirties and has significant defensive limitations.

After that, there’s Cabrera, and then a significant drop-off. The best remaining outfielders are the aging, injury-prone Michael Cuddyer; the defensively challenged Michael Morse and Josh Willingham; and light-hitting types like Nori Aoki and Emilio Bonifacio. There will also be Colby Rasmus, a 28-year-old who has hit well at times and can play center field, but who was recently benched by the Jays. And the market could also include players like Nick Markakis and Alex Rios, depending on the statuses of their options.

Leaving aside Tomas, there isn’t anyone on the outfield market who’s better rounded than Cabrera, even if one counts his PED past as a strike against him. Unlike Cruz, Morse or Willingham, he isn’t a terrible fielder (although he isn’t a great one, either). Unlike Aoki or Bonifacio, he has power. Unlike Cruz and Cuddyer, he’s still relatively young, at 30. And unlike Rasmus, he isn’t a complete question mark. The outfield market is full of dubious options. Teams considering punting on the left field position in order to upgrade their offense elsewhere won’t have much to work with, either.

Even better for Cabrera, there could be plenty of teams on the prowl for a corner outfielder this offseason. The Astros, Athletics, Mariners, Mets, Orioles, Phillies, Reds, Twins and White Sox could all make some degree of sense for Cabrera, depending on how the rest of the market shakes out. Cabrera has said that he wants to return to the Blue Jays, and a return to Toronto might be a good fit as well. The Jays have Jose Bautista in right, and assuming Rasmus departs, they’ll probably soon have top prospect Dalton Pompey as their regular starter in center. But they don’t have a stellar option in left field.

Given Cabrera’s performance, a potentially vigorous market and the Jays’ own need for an outfielder, extending Cabrera a qualifying offer seems like an obvious decision. Such an offer should help the Jays limit other teams’ interest (particularly from teams like the Mets and Reds, who currently look to have two of the first unprotected picks in next year’s draft), and could lead to some sort of multiyear agreement for him to remain in Toronto.

As long as teams aren’t worried about the lingering effects of his hand injury, Cabrera’s representatives at the Legacy Agency should be able to swing at least a three-year deal. Last month, Brendan Kennedy of the Toronto Star polled various agents who suggested he could get anywhere from $36MM to $45MM over a three-year deal, meaning that the three-year, $39MM deal Shane Victorino received from the Red Sox before the 2013 season might be a precedent. A four-year deal might also be a possibility, with Cabrera’s camp possibly pointing to last offseason’s contracts for Curtis Granderson and Peralta.

Photo courtesy of USA Today Sports Images.

Cuban Hurler Jorge Despaigne Declared Free Agent

MONDAY: Despaigne’s showcase will now take place on September 23rd, Badler reports.

THURSDAY: Cuban right-hander Jorge Despaigne has been declared a free agent by Major League Baseball, reports Ben Badler of Baseball America. He is yet to be cleared by the U.S. Office of Foreign Assets Control (OFAC) to sign, it appears.

Despaigne, 23, presents a plus fastball that can hit the mid-90s, says Badler, though he can struggle to spot it. As Badler recently explained, Despaigne is said to have difficulty repeating his mechanics. Lacking international exposure, Despaigne is a “relative unknown” with “a higher uncertainty level,” according to Badler.

Importantly, with just three seasons of play in the Cuban league Serie Nacional under his belt, Despaigne will be subject to international bonus limits. With many clubs having already allocated their international spending, he may present an opportunity for a team that has already decided to accept penalties or that has some available space.

Despaigne, residing in Haiti, will put on a showcase in the Dominican Republic on September 25. He will be joined there by countrymen Dian Toscano (a 25-year-old outfielder) and Javier Gonzalez (a 20-year-old righty).

Show all