Pirates Designate Shane Carle, Engelb Vielma

The Pirates have designated right-hander Shane Carle and shortstop Engelb Vielma for assignment, as per a team announcement.  The moves will create roster space for the newly-acquired players from yesterday’s Gerrit Cole trade.

This is the second time in less than a month that Carle has been sent to DFA limbo, as the righty was previously designated by the Rockies in late December before being claimed by Pittsburgh.  Carle has a 4.10 ERA, 6.3 K/9, and 2.27 K/BB rate over 527 1/3 career innings in the minors, which includes 179 1/3 frames pitching in the very hitter-friendly Pacific Coast League.  The 26-year-old made his MLB debut last season, tossing four innings over three appearances for Colorado.

It has already been a whirlwind of transactional activity for Vielma for the last five months, as the infielder has gone from the Twins to the Giants to the Phillies and then to the Pirates on a series of waiver claims.  Vielma has only a .256/.316/.302 slash line over 2171 minor league plate appearances (all in Minnesota’s farm system), as he has been more known for his slick glove.  Vielma has spent the bulk of his career as a shortstop, though he has also seen significant time at second and third base.

NL Central Notes: Colome, Cards, Holland, Pirates, Cutch, Maddon

Some rumblings from around the NL Central…

  • The Cardinals were linked to Rays closer Alex Colome in trade rumors earlier this winter, though two sources tell Derrick Goold of the St. Louis Post-Dispatch that the team’s interest in Colome was “overstated.”  Chris Archer seems to be the Cards’ top target in regards to trade talks with the Rays.
  • Cardinals GM John Mozeliak told Goold and other reporters that he is still “kicking tires” on some other bullpen options but he is overall comfortable going into the season with Luke Gregerson as the top closer option.  This could be some gamesmanship on Mozeliak’s part given that St. Louis has been exploring several relief options both before and after they signed Gregerson, though Gregerson collected 31 saves as recently as 2015 when he pitched for Houston.  In terms of other available relievers, the Cardinals have “at most, tempered” interest in Greg Holland.  Beyond the veteran Gregerson, the Cards also have several young arms in the pen and in the upper minors that could eventually factor into the ninth-inning mix.  Goold notes that hard-throwing righty prospect Jordan Hicks has drawn trade interest from other teams.
  • Now that Gerrit Cole has been traded, teams who have talked deals with the Pirates believe that the Bucs could now be more open to moving Andrew McCutchen, ESPN’s Jerry Crasnick writes (Twitter links).  Pittsburgh has had “ongoing dialogue” about McCutchen with multiple teams, including the Giants.  One potential side effect of increased trade talks involving McCutchen (and the Marlins’ Christian Yelich) is that it could extend the lack of activity on the free agent outfielder front.
  • If the Pirates did deal McCutchen, ESPN.com’s Buster Olney (Twitter links) isn’t sure how much the Bucs could get back, based on the relatively lacking returns other teams have recently gotten in trades for players in their final year before free agency.  Olney opines that the Pirates could get more young talent back in a trade by offering to cover some of the $14.75MM owed to McCutchen in 2018.
  • It doesn’t appear as though Joe Maddon and the Cubs have any talks about an extension, though the manager said during this weekend’s Cubs Convention (as reported by The Athletic’s Patrick Mooney) that he doesn’t “ever try to strike up those kind of conversations….I believe if we take care of our own business properly, that’s the kind of stuff that takes care of itself. I’ve always relied on that thought. So I’m not concerned about that. I am a Cub right now. And I want to be a Cub for many years to come.”  Maddon is under contract through the 2019 season, so there isn’t any immediate need for either side to press for extension negotiations already.  Maddon’s comments also make it seem as if he has no plans to retire anytime soon, which is notable given that he turns 64 next month.

More Reaction & Fallout To The Gerrit Cole Trade

The Astros and Pirates swung a major trade yesterday, with the World Series champions acquiring Gerrit Cole in exchange for a package of four players (Joe Musgrove, Michael Feliz, Colin Moran, Jason Martin).  We’ve already published one batch of reactions to the deal, and now here are some additional details about the trade talks and further analysis about what this deal means for Houston, Pittsburgh, and other clubs…

  • The Astros were able to land Cole without giving up any of their top prospects, as ESPN’s Jerry Crasnick reports that Houston wasn’t willing to offer Forrest Whitley, Kyle Tucker, Derek Fisher, or Yordan Alvarez.  Musgrove and Moran were seen as the top two pieces of the trade by the Pirates, and they pulled the trigger on the deal since Pittsburgh felt no other team was offering two top prospects of better quality in exchange for Cole.  Musgrove, Feliz, and Moran give the Bucs 15 years of controllable talent, which was also a factor in their decision.
  • Also from Crasnick, the Yankees were willing to include one of Clint Frazier or Chance Adams in a potential Cole trade, but not both.  New York was also intent on holding onto its top minor leaguers, as Gleyber Torres, Miguel Andujar, Justus Sheffield, and Estevan Florial were considered off-limits in trade talks.
  • The Yankees’ unwillingness to move its best prospects could be due to a belief that Yu Darvish could be signed for a “reasonable” price, John Harper of the New York Daily News writes.  This could be a contract in the range of five years and $80MM-90MM, which would represent a stunning discount from the six-year, $160MM deal MLBTR predicted for Darvish at the start of the offseason.  Even with the unprecedentedly slow nature of this winter’s free agent market, it’s hard to believe Darvish would settle for such a relatively small deal, especially with at least five other teams known to be vying for his services.  Harper also notes that even a five-year/$80MM pact would put the Yankees over the luxury tax limit, unless they were to move another big contract to create payroll space.
  • The Pirates’ return was “more one of quantity than of impact,” ESPN.com’s Keith Law writes, though Cole may only be “a soft upgrade” for the Astros rotation if he replicates his 2017 numbers.  Law feels that Cole’s 2016-17 performance curtailed some of his trade value, and while Houston is obviously hoping that Cole returns to his 2015 form, the trade also could’ve been a way of keeping him away from a chief AL rival like the Yankees.

Reactions To The Gerrit Cole Trade

The baseball world is still reeling from the big news earlier today regarding the Astros’ acquisition of Gerrit Cole from the Pirates. Here are a few of the early takes…

  • What better place to start the Cole reactions than with that of Cole himself? The right-hander seems to be incredibly excited to join his new organization. “I’m ecstatic. I got the phone call not too long ago and I was shocked. I couldn’t have been more happy. I’m familiar with a few people on the organization and the team,” Cole said to reporters (hat tip to MLB.com’s Brian McTaggart). Cole also used the words “flat-out elated” to describe the “unbelievable opportunity” (via Bill Brink of the Pittsburgh Post-Gazette). In addition to his giddiness over his trade to the Astros, Cole also spoke highly of the Pirates organization and expressed a fondness for his years with the team.
  • Cole isn’t the only player expressing excitement about the trade, however. Many of his new teammates have reacted strongly on social media as well. New rotation mate Justin Verlander wrote a tweet with the hashtag #backtoback, while Alex Bregman simply tweeted a gif of himself screaming.
  • Grant Brisbee of sbnation.com notes that although the Astros are young and unburdened by large contracts, the team may have acquired Cole in part because they need to consider their window. Brisbee argues that “there isn’t a team in baseball that knows with metaphysical certitude how they’ll look in three years,” so it was beneficial for Houston to act now in order to create a superteam for 2018. While the notion that Cole’s presence makes the Astros a superteam is debatable, he notes that he may just be one of the best pitchers in baseball if last year’s spike in homers allowed turns out to be a fluke.
  • Pirates GM Neal Huntington describes the trade as “the balance of immediate and moderate and longer-term.” (hat tip to Liz Bloom of the Pittsburgh Post-Gazette). “We felt this was the right move to get these players that are major-league ready with 15 years contribution combined,” Huntington adds.
  • Astros GM Jeff Luhnow offers a timeline of events in reference to his team’s talks with the Pirates about Cole, via Jake Kaplan of the Houston Chronicle. Apparently, the two teams were in discussions about the righty as early as last July, but talks were shelved after they couldn’t reach an agreement. During the winter meetings, however, discussions picked up steam again, and after that the teams talked at least once a week until a deal was ultimately agreed upon this morning.

Astros Acquire Gerrit Cole

The Astros have acquired right-hander Gerrit Cole from the Pirates for righties Joe Musgrove and Michael Feliz, third baseman Colin Moran and outfielder Jason Martin, according to announcements from both teams.

MLB: Pittsburgh Pirates at Milwaukee Brewers

Houston and Pittsburgh nearly reached an agreement on a Cole trade earlier this week, but reports of a done deal proved premature. The two sides continued to negotiate, however, and have now come together on one of the most noteworthy trades of the offseason. Cole is the second potential front-end starter the Astros have acquired since last August, when they landed longtime Tigers ace Justin Verlander, who ultimately helped pitch them to their first-ever World Series title a couple months later.

With Verlander, Dallas Keuchel, Charlie Morton, Lance McCullers and Collin McHugh among their starters on hand, the Astros didn’t exactly have a desperate need for Cole heading into next season. But adding Cole should nonetheless increase their chances to finish atop the major league mountain again in 2018, and with two years of team control remaining, he figures to help their cause through 2019. Neither Keuchel nor Morton is under contract past 2018, which helps explains why the Astros have been in on Cole and other high-end starters this offseason. The Astros’ addition of Cole should affect top free agents like Yu Darvish and Jake Arrieta, both of whom have been on their radar this winter, as it seems to remove a potential suitor for them.

Cole, who settled on a $6.75MM salary for his penultimate year of arbitration control on Friday, is coming off a somewhat disappointing season. Although the 27-year-old racked up 203 innings and continued to serve as one of the majors’ hardest-throwing starters, a bloated home run-to-fly ball rate (15.9 percent, well above his career figure of 10.0) helped lead to a personal-worst 4.26 ERA/4.08 FIP.

Given his down 2017, the Pirates weren’t in position to sell high on Cole. However, as a Scott Boras client nearing free agency, the low-payroll club knew its chances to extend him weren’t good. Consequently, the Bucs shopped Cole around the league – including to the Yankees, Twins and Cubs – before sending him to the Astros. Cole had been with the Pirates since they selected him first overall in the 2011 draft, and he looked like an ace with them at times after debuting in 2013. All told, Cole registered a 3.50 ERA/3.27 FIP with 8.44 K/9, 2.34 BB/9 and a 47.4 percent groundball rate across 782 1/3 innings in Pittsburgh.

Parting with Cole could begin a rebuild for the Pirates, who finished under .500 for the second straight year in 2017. However, acquiring three major league-ready players for him in Musgrove, Moran and Feliz may also help them compete next season. The headliner is arguably the 25-year-old Musgrove, a former top 100 prospect who has worked as both a starter and reliever since debuting in 2016. While Musgrove scuffled as a starter last season, he was utterly dominant in his first big league action out of the bullpen. Moving to a relief role enabled Musgrove to ramp up his velocity, and it helped lead to a 1.44 ERA with just under nine strikeouts per nine and a paltry 1.44 BB/9 across 31 1/3 innings. It’s unclear whether he’ll be a starter or a reliever going forward, but with five years of control, the Pirates will have time to find an ideal role for him.

Moran was a first-round pick of the Marlins in 2013 who topped out as Baseball America’s 61st-ranked prospect after that season, though he hasn’t seen much action in the majors to this point (37 plate appearances). And with the emergence of third baseman Alex Bregman, there simply wasn’t a path to playing time in Houston. The 25-year-old Moran held his own in 2017 at Triple-A – his second season at that level – with a .308/.373/.543 line in 338 PAs. Moran ranked as the Astros’ fifth-best prospect prior to the trade, according to MLB.com, which lauds “his pure left-handed swing and his ability to barrel balls easily while controlling the strike zone.” Defensively, Moran has the hands and arm to handle third, though he lacks range, per MLB.com.

Feliz, 24, amassed significant experience out of the Astros’ bullpen over the previous two seasons, during which he combined to make 98 appearances and throw 121 innings. While Feliz brought high-90s heat, posted a sky-high 13.14 K/9 and a passable 3.5 BB/9 along the way, he only managed a 4.94 ERA – owing in part to a low groundball percentage (37.1 percent) and a lofty home run-to-fly ball rate (16.5 percent). ERA indicators have been bullish on Feliz, who owns a career 3.67 FIP and 3.17 xFIP. He comes with four years of control, including his final pre-arbitration season in 2018.

Martin, an eighth-round pick in 2013, brings the least fanfare of anyone in this trade, with Ken Rosenthal of The Athletic noting on Twitter that he may end up as a reserve outfielder down the line. MLB.com agrees that he won’t turn into a regular option in the corner outfield, though it rated Martin 15th in Houston’s system and suggested he has a chance to develop into a starting center fielder. The 22-year-old spent most of last season in Double-A, where he slashed .273/.319/.483 in 320 PAs.

Tim Brown of Yahoo Sports reported the Astros would acquire Cole, and he added that the Pirates would receive Musgrove and Moran. Jon Heyman of FanRag reported the Pirates would get four total players. Rosenthal reported that Feliz and Martin were in the deal (Twitter links). Photo courtesy of USA Today Sports Images.

Unresolved 2018 Arbitration Cases

We’ve covered a whole lot of arbitration deals today, many of them reached before today’s deadline to exchange filing figures. Some other agreements have come together after team and player submitted their numbers. It’s still possible, of course, that these situations will be resolved before an arbitration hearing becomes necessary. (At this point, we seem to lack full clarity on teams’ approaches to negotiations after the filing deadline. And most organizations make exceptions for multi-year deals even if they have a file-and-trial stance.)

Some situations could even be dealt with in short order. As things stand, though, these unresolved arbitration cases could turn into significant hearings. (As always, MLBTR’s 2018 arbitration projections can be found here; you will also want to reference MLBTR’s 2018 arbitration tracker.)

Players Avoiding Arbitration: National League

The deadline for MLB teams to exchange salary arbitration figures with their arbitration-eligible players is today at 1pm ET. As such, there will be a veritable flood of arb agreements piling up in the next few hours — especially in light of a more universal approach to the “file and trial” method for teams. (That is to say, those teams will no longer negotiate one-year deals after arb figures are exchanged and will instead head to a hearing with those players, barring an agreemenr on a multi-year deal.)

Note that you can keep an eye on all of today’s deals using MLBTR’s 2018 Arbitration Tracker, which can be filtered to show only the results of the team you follow and is also sortable by service time and dollar value of the agreement. All projections that are referenced come from MLBTR contributor Matt Swartz’s annual compilation of projected arbitration salaries.

Onto today’s landslide of deals…

National League West

  • The Rockies have agreed to a $2MM salary with righty Chad Bettis, MLBTR has learned (Twitter link). That’s a fair sight more than his $1.5MM projection. Bettis surely would have had an opportunity to set a bigger platform for himself, but had to battle through testicular cancer before returning to the hill in 2017. Meanwhile, second baseman DJ LeMahieu has settled for a $8.5MM payday in his final year of arbitration, Jon Heyman of Fan Rag tweets. That’s just a hair short of the $8.8MM he was pegged for in MLBTR’s projections.
  • Giants second baseman Joe Panik is slated to earn $3.45MM in his first season of arb eligibility, Devan Fink of SB Nation was first to tweet. That’s just a hair shy of the $3.5MM that MLBTR projected. Lefty Will Smith has settled at $2.5MM, per Bob Nightengale of USA Today (via Twitter). The club has also announced deals with its remaining arb-eligible players, right-handed relievers Sam Dyson ($4.6MM projection), Hunter Strickland ($1.7MM projection), and Cory Gearrin ($1.6MM projection). (H/t John Shea of the San Francisco Chronicle, on Twitter). Strickland earns $1.55MM, Nightengale tweets.
  • The Padres and Freddy Galvis agreed to a $6.825MM deal for his lone season of team control in San Diego, tweets Robert Murray of FanRag Sports. Galvis, who spent the first several seasons of his career in Philadelphia before being traded this winter, had been projected to make $7.4MM. Infielder Cory Spangenberg settled at $1.7MM, Heyman tweets, falling below a $2.0MM projection. San Diego has also reached agreements with righty Kirby Yates and outfielder Matt Szczur, the team announced. Yates will earn $1,062,500, Heyman tweets, which is just shy of his $1.1MM projection. Szczur, meanwhile, will get $950K, a healthy boost over his $800K projection, per Dennis Lin of the San Diego Union-Tribune (Twitter link).
  • The Diamondbacks agreed to a $7.75MM deal with center fielder A.J. Pollock, Murray tweets. Pollock was projected to earn $8.4MM in his final year of eligibility before free agency. Murray also notes that Brad Boxberger is set to earn $1.85MM next year (Twitter link). Nick Piecoro of the Arizona Republic adds that lefty Andrew Chafin ($1.2MM projection) and the D-backs have a $1.195MM deal in place. Third baseman Jake Lamb, meanwhile, agreed to a $4.275MM deal with the Diamondbacks, according to USA Today’s Bob Nightengale (Twitter link). Lamb, eligible for arbitration for the first time, was projected to earn $4.7MM. He’s controllable through 2020. And ESPN’s Jerry Crasnick tweets that Chris Herrmann ($1.4MM projection) landed a $1.3MM deal. Righty Taijuan Walker has settled for $4.825MM, per Bob Nightengale of USA Today (via Twitter), which is within range but shy of the $5.0MM he projected for. Lefty Robbie Ray has settled at $3.95MM, per Nightengale (Twitter link), which falls short of his $4.2MM projection. Infielder Nick Ahmed will $1.275MM, per Heyman (via Twitter), which tops the projected figure of $1.1MM. Arizona has also announced that Chris Owings and David Peralta have agreed to terms.
  • The Dodgers are in agreement on a $6MM deal with lefty Alex Wood, per Jon Heyman of Fan Rag (via Twitter). He had projected at $6.4MM. Meanwhile, righty Josh Fields agreed to a $2.2MM deal, tweets Murray. Heyman tweets that Enrique Hernandez will earn $1.6MM. Fields’ projection of $2.2MM was on the money, whereas Hernandez topped his mark by $300K. Fields is controlled through 2019, while Hernandez is controllable through 2020. Southpaw Tony Cingrani gets $2.3MM, Murray tweets, which is just a shade over his $2.2MM projection. Outfielder Joc Pederson has also settled, per J.P. Hoornstra of the Southern California News Group (via Twitter), with Beth Harris of the Associated Press reporting a $2.6MM salary that rather handily tops the $2.0MM that MLBTR projected.

National League Central

  • All three remaining Cardinals arb-eligibles have agreed to deals, MLB.com’s Jenifer Langosch tweetsMarcell Ozuna will earn $9MM after drawin a much larger $10.9MM projection, Heyman tweets. MLBTR contributor Matt Swartz had explained that Ozuna likely wouldn’t quite reach the amount the algorithm suggested, though the actual salary still comes in a bit shy of expectations. Lefty Tyler Lyons ($1.3MM projection) receives $1.2MM, per Derrick Goold of the St. Louis Post-Dispatch (via Twitter). The Cards have also reached agreement with Michael Wacha for $5.3MM, per Nightengale (via Twitter); he was projected to earn $5.9MM.
  • The Reds agreed to a $860K salary with Anthony DeSclafani, tweets Murray. DeSclafani missed the 2017 season due to arm troubles and had been projected to earn $1.1MM. He’ll remain under Reds control through 2020. Billy Hamilton and the Reds have settled on a one-year deal worth $4.6MM, tweets Murray. A popular trade candidate this offseason, Hamilton was projected to earn $5MM and comes with another two seasons of team control. Murray also conveys that Michael Lorenzen agreed to a $1.3125MM deal, which lines up fairly well with his $1.4MM projection.
  • The Cubs have struck a deal with lefty Justin Wilson, agreeing to a one-year, $4.25MM pact, according to Gordon Wittenmyer of the Chicago Sun-Times (Twitter link). Wilson, who had been projected at $4.3MM, will be a free agent next winter. The Cubs alsoagreed to a $950K salary with infielder Tommy La Stella, tweets MLB.com’s Carrie Muskat. La Stella was projected to make $1MM in his first offseason of arbitration eligiblity and can be controlled through 2020. Right-hander Kyle Hendricks and the Cubs have agreed to a $4.175MM salary, per Nightengale (on Twitter). That sum comes in a fair bit shy of his projected $4.9MM projection as a first-time eligible player. The Cubs control Hendricks through the 2020 season. Chicago also agreed with Addison Russell, per Wittenmyer (Twitter link). The shortstop will receive $3.2MM for the coming season.
  • Nightengale reports (on Twitter) that the Brewers and breakout closer Corey Knebel settled at $3.65MM. As a Super Two player, Knebel can be controlled through the 2021 season and will be arb-eligible thrice more. He was projected at $4.1MM. MLB.com’s Adam McCalvy tweets that the Brewers and right-hander Jimmy Nelson settled at $3.7MM, which falls $1MM shy of his $4.7MM projection (though some of that discrepancy may be due to Nelson’s shoulder injury). Milwaukee also announced a deal for infielders Jonathan Villar (projected at $3MM) and Hernan Perez (projected at $2.2MM). McCalvy reports that Villar will earn $2.55MM, while terms of Perez’s deal are not yet available.
  • The Pirates have avoided arbitration with shortstop Jordy Mercer by settling on a $6.75MM salary for 2018, tweets Rob Biertempfel of the Pittsburgh Tribune-Review. Mercer, who’d been projected to earn $6.5MM, is entering his final year of team control and will be a free agent next winter. Biertempfel also reports that Gerrit Cole will earn that same $6.75MM salary in 2018 — a $3MM raise over last year (Twitter link). He has two years of control remaining and had been projected to earn $7.4MM. Righty George Kontos has also agreed to terms, per Rob Biertempfel of the Pittsburgh Tribune-Review (via Twitter). He had projected for $2.7MM and will receive a smidge more, at $2,725,000, per Bill Brink of the Pittsburgh Post-Gazette (Twitter link).

National League East

  • The Braves reached a $3.4MM deal with righty Arodys Vizcaino, per Jon Heyman of FanRag (Twitter link). He’d been projected at $3.7MM. The Braves and righty Dan Winkler agreed to a $610K salary for the upcoming season, tweets Mark Bowman of MLB.com. Winkler tossed just 14 1/3 innings in the Majors this year as he made his way back from elbow surgery. He’d projected at $800K.
  • The Marlins and Miguel Rojas agreed to a $1.18MM deal for 2018, Heyman tweets, placing him north of his $1.1MM projection. Rojas should see additional playing time following the Marlins’ wave of trades this offseason. He’s controlled through 2020. Miami also has a deal in place with infielder Derek Dietrich for $2.9MM, Heyman tweets, after projecting at $3.2MM.
  • The Mets were able to settle perhaps their most notable arb case, agreeing to a $7.4MM deal with righty Jacob deGrom, per James Wagner of the New York Times (via Twitter). That’s well shy of his $9.2MM projection, though MLBTR contributor Matt Swartz had explained the formula likely overestimated deGrom’s earning power by quite a wide margin. Fellow top righty Noah Syndergaard gets $2.975MM, per Bob Nightengale of USA Today (via Twitter), which goes a fair sight past the $1.9MM projection for the outstanding young starter, whose 2017 season was limited by injury. And reliever AJ Ramos will take home $9.225MM, according to Wagner (via Twitter). That’s just barely past the $9.2MM projection.  Wilmer Flores has also avoided arbitration with the Mets, according to Bob Nightengale of USA Today Sports (on Twitter). He’ll receive a $3.4MM salary, which falls within $300K of his projected rate. The Mets control Flores through the 2019 campaign. The Mets and right-hander Matt Harvey agreed to a one-year deal worth $5.625MM, tweets Nightengale. Harvey, who is a free agent next winter, had been projected to earn $5.9MM. Meanwhile, Marc Carig of Newsday tweets that Jeurys Familia will earn $7.925MM for the upcoming year, while Sportsnet’s Ben Nicholson-Smith reports that catcher Travis d’Arnaud will earn $3.475MM in 2018 (Twitter link). Familia, a free agent next winter, was projected at $7.4MM. The Mets control d’Arnaud through 2019, and his projection was $3.4MM. Righty Hansel Robles gets $900K, Heyman tweets.
  • Also via Nightengale (Twitter link), the Nationals agreed to a $6.475MM salary for 2018 with right-hander Tanner Roark. That falls about $1MM shy of his $7.5MM projection but still represents a noted raise of $4.315MM for Roark, whom the Nats control through 2019. Jorge Castillo of the Washington Post adds that Michael Taylor will earn $2.525MM next year. Taylor is controlled through 2020 and was projected at $2.3MM.
  • The Phillies and Maikel Franco settled on a $2.95MM salary for the 2018 season, reports Jim Salisbury of CSNPhilly.com (Twitter link). Franco, a Super Two player who’d been projected at $3.6MM, remains under club control with the Phils through the 2021 season. Second bagger Cesar Hernandez will earn at a $5.1MM rate in 2018, per MLB.com’s Todd Zolecki (via Twitter). That beats his $4.7MM projection and wraps up this year’s arb business for the Phillies.

Market Notes: Slow Offseason, Bruce, Giants, Cubs, Werth, K-Rod

As the free agent market continues to plod along, observers have continued to search for explanations. Of course, it’s worth bearing in mind that we’ve been weighing this topic this since late November, when it was already apparent that there were some forces at play that were slowing down signings. The full story has yet to be told, and won’t be until the market resolves itself, but it’s still worthwhile to think about the potential causes and ramifications.

In one of his last posts for Fangraphs, Dave Cameron observes that a lack of parity — on paper, at least — may be one cause of the glacial pace of signings. With leading organizations perhaps preferring to wait to see how their needs develop, and their top pursuers left unsure whether even significant investments will be enough, the current competitive imbalance could be helping to slow the market, Cameron argues.

Let’s take a look at a few links as the hot stove perhaps begins to sputter to life:

  • Many others have also tackled the confounding nature of this year’s market in recent days. Ken Rosenthal of The Athletic suggests there’s a “lack of engagement,” not just a lack of deals, in a report that indicates that some agents believe there may be a budding case for collusion. SB Nation’s Marc Normandin takes a historically oriented perspective, examining baseball’s history of collusive behavior and placing the currently stalled market in that context. SI’s Tom Verducci runs through the possible drivers of the slow-down. At Fangraphs, Travis Sawchik wonders if Boras’ approach still works, while Kiley McDaniel (welcome back!) examines the current state of teams’ efforts to find competitive advantage by allocating resources between scouting and analytics. (That last point ties into the view many have expressed that the slow market stems in part from an increasing convergence, as McDaniel terms it, in player valuations and strategies across organizations.)
  • The Giants‘ top offer to Jay Bruce was at the three-year level but would have promised about $10MM less to him than the $39MM he ultimately scored from the Mets, according to reports from Henry Schulman of the San Francisco Chronicle (Twitter link) and Bob Nightengale of USA Today (via Twitter). It seems that San Francisco was hoping to get some pop into the lineup at a bit of a discount, which is certainly understandable given the still-lengthy list of potential targets available in free agency and on the trade market. One additional name that has long been linked to the Giants, Andrew McCutchen of the Pirates, remains of interest, Nightengale further notes. There’s also a case to be made that the Giants ought to take the opportunity presented by the slow market development while forgetting about the luxury tax line this year, as Andrew Baggarly writes for The Athletic. Of course, that’s also true for a few other teams, and it’s arguable that such interest will help prop things up once player movement begins in earnest.
  • There are still ongoing signals that the Cubs could make a splash. As Paul Sullivan writes for the Chicago Tribune, surprise winter additions are fairly commonplace in Wrigleyville. Manager Joe Maddon suggested yesterday that he believes the front office is still looking to build out the roster, Madeline Kenney of the Chicago Sun-Times reports. Maddon spoke highly of both Jake Arrieta and Alex Cobb, Kenney writes, and the skipper also hinted that president Theo Epstein and GM Jed Hoyer may not yet be done in adding pieces to the bullpen mix for the 2018 campaign.
  • Seeking value will no doubt still drive Chicago, but it’s an imperative for the Indians. Paul Hoynes of the Plain Dealer names 15 free agents who might represent highly affordable targets for the Cleveland organization. Buttressing the relief corps and adding a righty bat seem to be the top priorities, Hoynes notes.
  • Free agent outfielder Jayson Werth has given no indication that he’s readying for retirement. To the contrary, he tells ESPN.com’s Jerry Crasnick that he believes he can play for multiple additional seasons (Twitter links). There’s been little indication to this point that any particular teams are in pursuit of the 38-year-old after a rough and injury-limited 2017 campaign, but that could change once the market gets moving. Werth has posted decidedly subpar offensive lines in two of the past three seasons, but did hit at a league-average-ish .244/.355/.417 clip in 2016 and has continued to hit well against lefties.
  • Veteran righty Francisco Rodriguez tells Jon Heyman of Fan Rag that he’s readying for a return and feels he can bounce back from a miserable 2017 season. The 36-year-old almost always delivered results in his 15 prior seasons of MLB action but was tagged for nine homers and 22 earned runs in just 25 1/3 innings last year, with a swinging-strike rate that dropped out of double-digits for just the second time in his long and excellent career. “I still have plenty left,” Rodriguez tells Heyman. “I am hoping to get an opportunity to help a team win a championship. I’m physically way better than I was last year. I’m ready. If I didn’t have it, I’d say it. I’m a straight shooter – my own worst critic.” Rodriguez is not receiving much interest at this point but says he’ll gladly throw for scouts to earn another chance.

Tigers Claim Johnny Barbato

The Tigers have claimed righty Johnny Barbato off waivers from the Pirates, the teams announced and Robert Murray of Fan Rag first tweeted. He was designated recently by Pittsburgh when the club claimed fellow righty Shane Carle.

Barbato, 25, saw 28 2/3 innings of action in 2017, managing a 4.08 ERA with 7.2 K/9 and 5.7 BB/9. Needless to say, that walk tally will need to go down if Barbato hopes to succeed in the majors. He has never shown major control issues in the minors, though, and he did demonstrate a 94+ mph fastball and average (for a reliever) 11.3% swinging-strike rate.

Luhnow Refutes Report That Astros Have Deal For Gerrit Cole

2:44pm: The Astros are still engaged with the Pirates on Cole but are also still looking at alternatives, per Bob Nightengale of USA Today (via Twitter).

11:15am: Recent chatter of a possible trade that would send right-hander Gerrit Cole from the Pirates to the Astros intensified early today, with multiple reports indicating the sides were gaining momentum. And Jon Morosi of MLB Network (via Twitter) reported that a deal was in place between the organizations that would send Cole to Houston.

Ensuing reports, though, cast doubt and then fully refuted that agreement had been reached. Astros GM Jeff Luhnow said that there was “nothing imminent” in any of the team’s trade talks, per Jake Kaplan of the Houston Chronicle (Twitter link). And Jeff Passan of Yahoo Sports reported (Twitter links) first that the deal had not yet fully been completed and ultimately that the apparent news of an accord was simply a “false rumor.”

All told, it seems there’s no reason at this time to believe a deal is particularly close to coming to fruition, beyond the fact that the sides have evidently engaged in serious discussion. Passan says a trade “is not happening” right now, while noting “talks could pick back up quickly.” And Jon Heyman of Fan Rag (via Twitter) suggests a trade “isn’t necessarily close.” Indeed, he also hears of another suitor being involved beyond the Yankees (the organization that once seemed likely to land Cole before those talks fizzled). With the necessary proviso that the situation can always change, then, it appears we’re mostly back to the status quo ante on Cole’s trade status.

Cole, now 27, remains a top trade candidate. He was the first overall pick in the 2011 draft. He ascended quickly to become Pittsburgh’s top pitcher, though he has not exactly been at his peak of late. In 2017, he worked to a 4.26 ERA in 203 frames. While that represented a promising return to full health after some limitations in 2016, it also was hardly the output that had come to be expected.

In 2015, after all, Cole had fully emerged as a staff ace, turning in 208 frames of 2.60 ERA ball with 8.7 K/9 and 1.9 BB/9. While his velocity and key peripherals have largely held steady, Cole was tagged for 1.37 home runs per nine — over twice the rate he had maintained previously. As Travis Sawchik of Fangraphs explains, Cole’s heater surrendered quite a bit of added pop in 2017, but there’s reason to believe he can refine his offerings to regain his standing. Cole will cost a projected $7.5MM in 2018 with one more season of arbitration control thereafter.

For the ‘Stros, we’ve seen clear indication of late that the organization wishes to boost an already-strong rotation unit that was already boosted late last year with the addition of Justin Verlander. With Dallas Keuchel, youngster Lance McCullers, and the increasingly interesting Charlie Morton already on hand, along with breakout righty Brad Peacock, it seems Houston’s interest in starters is a want moreso than a need.

On the Bucs’ side, it’s still hard to know how things will play out this winter. Even if the team deals away Cole and other veteran trade candidates (most notably Andrew McCutchen), it may still have some designs on competing in ’18. But parting with Cole would unquestionably mean delivering a major blow to the team’s expectations for the coming season.

More broadly, questions persist about just when and how the player market will get moving in earnest. A deal involving Cole might have given some clarity to the outlook for free agent starters, while perhaps leaving the Astros free to dedicate financial resources to other needs (most notably, the bullpen). But with this prospective swap not occurring — at least at this time — we’re left with the same overall market landscape.

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