Red Sox Designate Garin Cecchini
The Red Sox have announced that they’ve designated corner infielder and outfielder Garin Cecchini for assignment. The move clears space on their roster for David Price.
Following a 2013 season in which he hit .322/.433/.471 between Class A+ Salem and Double-A Portland, Cecchini was regarded as a top prospect — prior to the 2014 season, Baseball America rated him the 74th best prospect in the game. Since then, though, the 24-year-old’s stock has slipped, as he struggled to establish himself at Triple-A Pawtucket. This season, he batted .213/.286/.296 there (while playing mostly left field, although he also appeared in 42 games at the infield corners) and went 0-for-4 in two games in the big leagues. He is, however, still young enough that other clubs could find him to be an attractive option as a waiver claim.
Red Sox Sign David Price
The Red Sox have announced that they’ve signed ace lefty David Price to a seven-year, $217MM contract. The Bo McKinnis client will sign the largest contract for a pitcher in history when the deal becomes official, narrowly eclipsing Clayton Kershaw‘s $215MM contract with the Dodgers. Price’s deal contains an opt-out after the third year. He will receive $30MM in each season from 2016-18, $31MM in 2019 and $32MM per year from 2020-22. As FOX Sports’ Ken Rosenthal tweets, Price’s $31MM average annual value ties Miguel Cabrera for the richest AAV in Major League history. Price will not receive a no-trade clause.
Price, who turned 30 in August, is the consensus top free agent on this season’s market and gives the Red Sox the bona fide ace that many feel their rotation needs to function as a serviceable unit. He’s coming off a second-place finish in the American League Cy Young voting (Houston’s Dallas Keuchel took home first-place honors) after tossing 220 1/3 innings of 2.45 ERA ball with 9.2 K/9, 1.9 BB/9 and a 40.4 percent ground-ball rate between the Tigers and the Blue jays. That type of production has come to be expected of Price, who has averaged 217 innings and a 2.97 ERA per season dating back to the 2010 season.
The opt-out clause affords Price the chance to again test the open market heading into his age-33 season. It will be a challenge although not impossible, for Price to be able to secure more than the four years and $127MM that remain on his contract at the point at which he can opt out. For comparison, Price’s main competitor in free agency, Zack Greinke, opted out of the remaining three year on his $147MM contract to begin this offseason, but he did so entering his age-32 season (one year younger than Price will be after the 2018 campaign) and with $71MM remaining on his contract.
Price will immediately slot into the top spot in Boston’s rotation and be joined by some combination of Clay Buchholz, Eduardo Rodriguez, Wade Miley, Rick Porcello, Joe Kelly and Henry Owens to round out the remainder of the starting five. His addition gives Boston a surplus of useful starting pitchers from which it could deal to address other needs throughout the roster, possibly in the bullpen or possibly for further starting pitching upgrades.
The move represents the second major transaction pulled off by new president of baseball operations Dave Dombrowksi this offseason. The former Tigers GM is more than familiar with Price, having acquired him from the Rays in a trade that cost him Austin Jackson, Drew Smyly and Willy Adames in July of 2014 and having traded him to the Blue Jays in exchange for young left-handers Daniel Norris, Matt Boyd and Jairo Labourt this past July shortly before being dismissed in Detroit. In his first major order of business atop the Red Sox’ baseball operations hierarchy, Dombrowski spent extravagantly in a different manner, surrendering four prospects — Manuel Margot, Javier Guerra, Carlos Asuaje and Logan Allen — to acquire an elite closer from the Padres in the form of Craig Kimbrel.
Such transactions are the types we’ve come to expect from Dombrowski dating back to his Tigers days, but they represent a dramatic philosophical shift for the Red Sox, who previously shied away from long-term commitments of this nature and went to great lengths to build up their farm system under previous general manager Ben Cherington (who resigned after Dombrowski was hired). In order to make moves of this magnitude, Dombrowski likely had to sell ownership on a new direction for the club that aligned more closely with the strategies he employed while guiding the Tigers to a pair of American League pennants and three division titles from 2006-13. Of course, it remains to be seen whether the thus-far bold actions of Dombrowski, Red Sox GM Mike Hazen and the rest of the team’s decision-makers will lead to similar success in Boston.
The Price contract is a significant departure from the reported $144MM that the Tigers felt comfortable offering to Max Scherzer while under Dombrowski’s watch, although the Red Sox have a different long-term financial outlook — namely that they don’t have mega-contracts on the books for Justin Verlander and Miguel Cabrera, as Detroit did. The contract also shows how far ownership’s thinking has come since attempting to retain Jon Lester with a reported four-year, $70MM offer that was ultimately boosted into the $120MM range but never approached the $155MM that Lester received from the Cubs.
With Price and Jordan Zimmermann now off the market, Greinke and Johnny Cueto are the top remaining arms on the market. As the top-tier names begin to come off the board, the second tier of free agent starters — highlighted by names such as Jeff Samardzija, Mike Leake, Wei-Yin Chen, Scott Kazmir and Yovani Gallardo — should come into play. Jason Heyward now stands as the top-ranked free agent from MLBTR’s Top 50 list, wherein we pegged Price to land exactly $217MM over a seven-year span (albeit from the incorrect team and without the inclusion of an opt-out clause, which does strengthen the deal’s overall value for Price).
Peter Abraham of the Boston Globe initially reported that Price and the Red Sox were in agreement. Ken Rosenthal of FOX Sports tweeted that Price would receive an opt-out after three years. Bob Nightengale of USA Today, Jerry Crasnick of ESPN and Jon Heyman of CBS Sports first reported details of the contract’s structure.
Photo courtesy of USA Today Sports Images.
Agency Notes: Matsuda, Dickerson, Sanchez, Barnhart
Japanese infielder Nobuhiro Matsuda has hired the Legacy Agency’s Peter Greenberg to represent him\ this winter, via Patrick Newman of NPB Tracker (on Twitter). The 32-year-old is a career .277/.325/.477 hitter in Japan and is capable of handling second base and third base, from a defensive standpoint. Matsuda has drawn some interest from the Padres already.
A few other agency updates of recent note…
- Rockies outfielder Corey Dickerson is now represented by Excel Sports, ESPN’s Jerry Crasnick reported earlier this week (via Twitter). The 26-year-old Dickerson has battled injuries over the past year but offers a promising bat to add to a typically potent Rockies offense, having batted .299/.345/.534 in 265 big league games. Though he’s just shy of Super Two status by a month or so, Dickerson will be arbitration eligible next offseason. Excel has previously negotiated extensions for young outfielders Dexter Fowler, Jason Heyward and Alex Gordon, although only Gordon’s bought out free agent years among that trio. Of course, Dickerson may not want to talk long-term deal until he builds his stock back up with a healthy season.
- Yankees prospect Gary Sanchez is now a client of the newly formed Magnus Sports, joining Reds closer Aroldis Chapman, reports MLBTR’s Tim Dierkes (on Twitter). Sanchez gives the new joint venture with Praver/Shapiro a high-profile catching prospect to add to its ranks. Sanchez could break through to the Majors in the near future on the heels of a strong showing in Triple-A and the Arizona Fall League this year, though he’s blocked, to an extent, in New York by the presence of Brian McCann.
- Jonah Keri of ESPN tweeted today that agent Steve Rath has also been added to the Ballengee Group, and Reds catcher Tucker Barnhart has followed him to the new agency. While he’s a couple of years from arbitration eligibility, Barnhart looks to be the team’s backup catcher to Devin Mesoraco for the foreseeable future.
These changes will be reflected in MLBTR’s Agency Database, which contains information on more than 2,000 Major League and Minor League players. If you see any omissions, please let us know via email: mlbtrdatabase@gmail.com.
Blue Jays Re-Sign Josh Thole
The Blue Jays announced that they’ve re-signed catcher Josh Thole to a one-year contract that will guarantee him $800K in 2015. Thole, a client of Excel Sports Management, had been non-tendered earlier this week and will make less than his previously projected arbitration arbitration price of $1.8MM.
Thole, 29, has batted just .212/.283/.258 across parts of three seasons with the Blue Jays but is highly experienced when it comes to catching R.A. Dickey‘s knuckleball. He’s a career .249/.319/.314 hitter between parts of seven seasons at the Major League level and will give the Blue Jays an option as a backup to Russell Martin, though the club may continue to search for further catching help.
Cubs Showing Strong Interest In John Lackey
The Cubs are “pretty hot” on John Lackey, reports Yahoo’s Tim Brown (Twitter link), who hears that the two sides are discussing both two- and three-year contract possibilities. If the two sides do come to an agreement, it’ll mark the second time that Theo Epstein has signed Lackey as a free agent, as Epstein was Boston’s GM when Lackey signed his five-year, $82.5MM contract with the Red Sox.
Lackey, 37, would give Chicago a strong No. 3 option in the rotation behind Jake Arrieta and Jon Lester. While Chicago has been said to be interested in a reunion with Jeff Samardzija, ESPN’s Jayson Stark reported earlier today that the price tag on Samardzija may be rising beyond the Cubs’ comfort level. Meanwhile, FOX’s Ken Rosenthal said that the Cubs were becoming increasingly interested in Lackey as the prices of starters who will require longer-term commitments continued to rise.
Lackey has also reportedly drawn at least some interest from the Giants, Cardinals, Dodgers, Rangers, Diamondbacks and Marlins this offseason. He rejected a qualifying offer from the Cardinals after posting a 2.77 ERA, 7.2 K/9 and 2.2 BB/9 in a terrific 2015 season in St. Louis.
Latest On Ben Zobrist
The Mets are maintaining strong interest in Ben Zobrist, and assistant GM John Ricco told reporters as much today (as ESPN New York’s Adam Rubin tweets), plainly stating, “We’re very interested” when asked about Zobrist, adding that a decision is expected sooner rather than later. Rubin adds that Zobrist recently visited with the Mets, who spent some time showing him around the Connecticut suburbs and the Westcheseter area with his wife and newborn son in an effort to “demonstrate there is grass in the New York City area for families” (Twitter link). Sandy Alderson was present for an entire day of recruiting, per Rubin.
It would appear that meeting is one of four such meetings that Zobrist has planned, according to Ken Rosenthal of FOX Sports (Twitter link). Rosenthal says that the Giants are “likely” another one of the planned visits, and he also tweets that Zobrist already met with the Braves. The Nationals, too, are a club of interest, Rosenthal adds, although it’s not yet clear if he’ll be visiting the Nats in this manner.
The main roadblock for the Mets in previous Zobrist rumors has been that the team doesn’t want to go to a fourth year for Zobrist, who will play next season at age 35. Yahoo’s Jeff Passan recently pegged the asking price for Zobrist at about $60MM over four years, so it’s certainly possible that a fourth year will ultimately be required if the Mets want to land Zobrist.
Newsday’s Marc Carig reported today, though (links to Twitter), that a fourth year isn’t necessarily a dealbreaker for the Mets. The team hasn’t drawn a hard line when it comes to length of contract and is prepared to offer a fourth year if that’s what it takes to acquire him. The Mets are being “very aggressive” with Zobrist and can accept the risk of a fourth year, per Carig, who adds that Zobrist left the club with the impression that he has narrowed his choices. For what it’s worth — I’ll point out that initial reports two years ago indicated that the Mets didn’t want to go to a fourth year on Curtis Granderson, either, and Granderson ultimately wound up signing for the exact four-year, $60MM figure Passan mentioned in connection to Zobrist.
Cubs Claim Lefty Edgar Olmos From Mariners
The Cubs have claimed left-handed reliever Edgar Olmos from the Mariners, the teams announced this afternoon. Olmos was designated for assignment earlier this week.
Olmos, 26 in April, logged 14 innings for the Mariners last season. He yielded seven runs but also walked eight batters against just four strikeouts in his limited Major League action. The lefty has bounced from the Marlins to the Rangers to the Mariners and now the Cubs since 2013 but throws hard for a lefty, having averaged 93.3 mph with his fastball in his 19 Major League frames. Olmos pitched to a 3.55 ERA with 9.3 K/9 against 3.5 BB/9 at Triple-A last year and has held opposing lefties to respective OPS marks of .628 and .619 in 2015 and 2014 (combined Major League and minor league numbers).
Braves Acquire Right-Hander Jose Ramirez From Mariners
The Braves have acquired right-handed reliever Jose Ramirez from the Mariners in exchange for a player to be named later and/or cash considerations, per announcements from each club. By moving Ramirez, Mariners GM Jerry Dipoto has now traded both players that were acquired by his predecessor, Jack Zduriencik, in the trade that sent Dustin Ackley to the Yankees. (Outfielder Ramon Flores was sent to Milwaukee in exchange for infielder Luis Sardinas.)
Ramirez, 25, is a hard-throwing reliever that is out of minor league options and will thus need to break camp with the Braves out of Spring Training or be exposed to outright waivers. He’s averaged 95.2 mph on his heater in limited Major League experience but yielded 17 earned runs in 17 2/3 innings as a big leaguer.
Ramirez’s strikeout rate began to climb in the minors when he was shifted from a starting role to the bullpen, and he’s displayed a penchant for missing bats since the transition. However, while he’s struck out 110 batters in 106 1/3 innings at the Triple-A level (mostly out of the bullpen), he’s also issued 61 walks and hit seven batters in that time, demonstrating some troublesome control problems. Former Fangraphs scribe Kiley McDaniel ranked Ramirez 23rd among Yankees farmhands heading into the 2015 season last year, noting that he’s hit 100 mph with his fastball and has, at times, displayed a 70-grade changeup, stating that he’s shown “relief phenom-level stuff” when at his best but has struggled greatly to stay on the field (albeit not due to arm struggles).
Nonetheless, he’ll give Atlanta another intriguing arm to add to its bullpen mix in Spring Training at what appears to be a low cost of acquisition.
Starting Pitching Notes: Shark, Lackey, Kuma, Shields, Miller, Nova, Fernandez
The Cubs remain interested in a reunion with Jeff Samardzija, reports ESPN’s Jayson Stark, but the team may be getting uncomfortable with the level to which his price is rising. Samardzija, who has reportedly received offers of $90MM and $100MM, is of interest to both the Giants and Dodgers, and the team that loses out on the services of Zack Greinke may very well turn to Samardzija, per Stark. Said one executive from a team that has interest in Samardzija: “I don’t know if he gets to nine figures. But if you put the over/under on him at $90 million, I’d go ‘at’ or ‘over.'”
Some more notes on what has been an aggressive and high-priced market for starting pitching thus far…
- As the prices for arms like Samardzija and others rise, a two-year deal for John Lackey is becoming increasingly appealing for the Cubs, tweets Ken Rosenthal of FOX Sports. While the Cubs may indeed have interest in two years for Lackey, it seems reasonable enough to me to believe that interest in him could push the requirement to three years. Lackey will pitch next season at 37, but he’s delivered results that are either on part with or in excess of expectations for younger, second-tier starters and won’t come with as extravagant a price tag as Samardzija, Mike Leake or Wei-Yin Chen.
- Having already completed five trades and signed four free agents — most recently Nori Aoki — the Mariners will turn their focus to re-signing Hisashi Iwakuma, writes MLB.com’s Greg Johns. General manager Jerry Dipoto told Johns and other reporters that while he still needs to address utility infielder and determine who will play first base in 2015, his focus will be shifting more to the rotation for the time being. “We are continuing to move along with Kuma and we’ll see where that takes us,” said Dipoto.
- Turning from free agency to the trade side of the starting pitching market, Stark tweeted yesterday that the Padres are hoping to move James Shields without having to eat any money in the deal, citing unnamed clubs that have been in trade talks with San Diego. Not only that, they’re hoping to land a younger shortstop option in the deal. Clearly, that’s a lofty and unlikely goal, as Shields along doesn’t carry that type of value on his own and comes with significant downside given his opt-out clause. If the Padres were willing to take back a sizable contract in exchange for Shields, perhaps the scenario would become more plausible.
- The Padres, though, think the rising price of free agent starters could make the remaining $65MM on Shields’ contract look more appealing (links to Twitter). That may be the case, but Shields certainly isn’t a bargain, and some scouts tell Rosenthal they feel that Shields’s stuff is in decline. And, as Dennis Lin of the San Diego Union-Tribune tweeted yesterday, his opt-out clause makes him a risky target for any club. Shields isn’t a lock to opt out of the deal even with a big 2016 season, per Lin, because he loves living in San Diego. A trade might make him more inclined to re-enter the market if he performs well enough, so a team could be acquiring just one year of him if he performs up to his previous standards. On the other hand — the aforementioned downside — if Shields repeats his 2015 results or struggles even further, then the team would be left with the two years and $44MM on his contract from 2017-18.
- The Rockies like Braves right-hander Shelby Miller quite a bit, writes Patrick Saunders of the Denver Post. However, Colorado and Atlanta haven’t discussed a possible swap “in a while,” a source told Saunders. While the Braves are seeking outfield upgrades, an expensive and relatively short-term asset like Carlos Gonzalez wouldn’t hold appeal to the Braves, he writes. Rather, a player like Corey Dickerson and other prospects would probably be Atlanta’s asking price, he continues, adding that the Rox aren’t presently in the Miller derby.
- The White Sox were interested in both Jesse Chavez and Ivan Nova last month, reports George A. King III of the New York Post, but the fact that Chavez is now off the board following a trade to Toronto hasn’t increased Chicago’s interest in Nova. The Yankees have discussed Nova with multiple teams and will continue to market him at the Winter Meetings, though the asking price reported by King — a younger arm with more controllable years — seems too steep unless the Yankees are adding other pieces to the deal.
- The Marlins aren’t shopping ace Jose Fernandez, president of baseball operations Michael Hill tells MLB.com’s Joe Frisaro. Hill said he’s “not sure where that came from” in reference to rumors that Fernandez could be had in trades, but the plan is for Fernandez to front Miami’s rotation next season. Hill said that teams, naturally, ask for Fernandez all the time, just as they did with Giancarlo Stanton prior to his extension. But, that’s to be expected with elite players that are not locked up on contract extensions, he notes, and inquiring teams are informed that Fernandez isn’t for sale.
Marlins Name Barry Bonds Hitting Coach
DEC. 4: The Marlins have now officially named Bonds their new hitting coach, with Menechino assuming the role of assistant hitting coach.
DEC. 1, 12:07pm: Bonds “tentatively plans” to take the job, Nightengale tweets, though negotiations are not yet wrapped up.
11:28am: The Marlins have been pursuing legendary-but-controversial slugger Barry Bonds to serve in a coaching capacity with the club, Jon Heyman of CBSSports.com reported yesterday. Miami has now extended him a formal offer and is awaiting a decision, Bob Nightengale of USA Today reports on Twitter.
If Bonds joins the organization, he’d serve as a co-hitting coach with incumbent Frank Menechino, according to Heyman. That’s somewhat unusual in that neither would, apparently, be the assistant to the other, but presumably represents the team’s attempt to strike a balance in doling out job titles and responsibilities.
The two sides are said to be close to reaching an arrangement after holding extensive talks in recent weeks, per Nick Cafardo of the Boston Globe (Twitter links). At this point, it seems, the only question is whether Bonds is willing to move to Miami and take on the demands of the position.
Obviously, the possibility of a hitting coach hiring doesn’t normally draw many headlines. But in this case, the name under consideration is of particular importance. Bonds, of course, hit more home runs than any player in MLB history and came closer than anyone to eclipsing Babe Ruth in total wins above replacement. Indeed, he might have done just that had he continued his career past a 2007 campaign in which he put up a .480 OBP. But Bonds had become a toxic asset by that point — he was embroiled in PED controversy, though he ultimately was unsuccessful in proving a collusion case — and has been frozen out of the Hall of Fame thus far despite his historic excellence.
The Fish, then, would be making a highly significant move in bringing Bonds back into the baseball fold. He has already increased his public exposure and engagement with the sport recently — including serving as a spring instructor with the Giants — and the rehabilitation efforts of Alex Rodriguez and Mark McGwire have probably also cleared a path. But it would still make for a major point of transition if Bonds were to put on a uniform again.
From a team-specific perspective, Bonds is obviously as knowledgeable about the craft of hitting as anyone and is said to have genuine interest in coaching. Adding his outsized personality carries some risk, of course, to say nothing of the intense media coverage his presence will generate (at least initially). But Marlins owner Jeffrey Loria is said to have developed a “friendship” with the now-51-year-old, per MLB.com’s Joe Frisaro, and obviously appreciates the broader dimensions of the move. Notably, the club has already installed former Yankees legend Don Mattingly as its skipper and brought back Ichiro Suzuki as he pursues the 3,000 hit milestone.