Details On Francisco Liriano’s Contract
Last December, prior to suffering a broken right (non-throwing) arm, Francisco Liriano agreed to a two-year, $12.75MM contract with the Pirates. After his injury, the two sides worked out a new contract that guaranteed Liriano just $1MM in 2013 but contained $3.75MM worth of incentives and a vesting option that could be worth either $5MM, $6MM or $8MM, depending on time spent on the DL with the right arm injury.
Liriano's 2014 option officially vested when the left-hander reached 90 days not spent on the DL due to the right arm injury. He is currently guaranteed a $5MM salary for 2014, but that figure will jump to $6MM once he reaches 120 games not spent on the DL with his right arm injury. It has currently been 103 days since his activation, meaning his 2014 salary will jump by $1MM on Saturday, Sept. 7.
As far as this season is concerned, MLBTR has also learned Liriano's 2013 bonus structure, which is as follows:
- 60 days not on DL with right arm injury: $250K
- 75 days not on DL with right arm injury: $250K
- 90 days not on DL with right arm injury: $750K
- 120 days not on DL with right arm injury: $750K
- 135 days not on DL with right arm injury: $125K
- 150 days not on DL with right arm injury: $750K
- 165 days not on DL with right arm injury: $125K
- 180 days not on DL with right arm injury: $750K
It's not quite as simple as that would seem, though. These bonuses are not standard roster bonuses that are awarded for being on the 25-man roster for a certain number of days, but rather bonuses relative to Liriano's health and ability to help the club. Because of that, it's possible that Liriano could make the case that he was ready to return to the club sooner than he did, which could entitle him to additional bonuses.
Liriano's minor league rehab stint lasted five starts, which could impact his earnings. He missed the season's first 41 days due to his right arm injury, which means that he will max out at 142 days on the 25-man roster. The eight days that separate that mark from the 150-day cutoff carry significant financial implications. Not only would they earn Liriano an additional $750K in 2013, they would also boost the value of his vesting option to its maximum level of $8MM next season. That $8MM salary would come with an additional $500K worth of incentives, which MLBTR has also learned:
- $150K for 180 innings pitched in 2014
- $200K for 190 innings pitched in 2014
- $150K for 200 innings pitched in 2014
Should Liriano's option vest for only $6MM, those incentives still remain in the contract, and he would be able to earn an additional $2MM based on his number of starts made. In that instance, MLBTR has learned that he would receive $400K for reaching five, 10, 15, 20 and 25 starts in 2014.
In either scenario, the maximum that Liriano could earn next year would be $8.5MM. As far as this year's bonuses are concerned, he's already pocketed an additional $1.25MM. He currently stands to receive an additional $750K on Sept. 7 and $125K more on Sept. 22.
In the end, Liriano has proven to be perhaps the biggest bargain of the 2012-13 offseason, regardless of what his salary ends up being. His 2.53 ERA (2.66 FIP, 2.99 xFIP), 9.4 K/9, 3.5 BB/9 and 52.7 percent ground-ball rate in 121 innings this season are statistics worthy of a true "ace" label, but his contract paid him less than pitchers like Joe Blanton and Brandon McCarthy.
NL Notes: DeJesus, Nationals, Cubs, Lambo, Liriano
Let's take a quick trip around the National League …
- The Nationals acquired David DeJesus from the Cubs yesterday, only to place him promptly on waivers, leading to speculation about the team's intentions. Whatever the Nats do, the Cubs are likely only to receive "a nominal amount of cash" back in the deal, reports ESPN Chicago's Bruce Levine (via Twitter).
- Osceola County has decided not to go forward with Washington's planned $98MM spring training complex in Kissimmee, Florida, leaving the club looking for other options. Pete Kerzel of MASNsports.com has all the details on the team's prospects for a new spring home. For now, he says, the organization is content to continue working out of Space Coast Stadium in Viera.
- With the Nats visiting Wrigley to take on the Cubs, president and GM Mike Rizzo talked to Levine about the work of the Chicago front office. The Chicago native credited president Theo Epstein and GM Jed Hoyer with being "so aggressive in the international market place." He explained that the new international spending rules "have put the small-market teams on a comparable level with the richer clubs," creating "a true scouting system" in which "the teams with the better scouts will get the better players." Rizzo analogized the Cubs' efforts to the Nationals' own aggressive, scouting-based spending before the team emerged last season.
- Recent call-up Andrew Lambo of the Pirates has new representation, MLBTR's Tim Dierkes has learned. The 25-year-old outfielder has chosen Beverly Hills Sports Council to replace his previous agency, Wasserman Media Group. As always, you can reference MLBTR's Agency Database to keep tabs on players' representation.
- One of the keys to the Bucs' successes this year — low-priced off-season acquisition Francisco Liriano — has excelled due to changes in his delivery that have improved his fastball command, explains Travis Sawchik of the Pittsburgh Tribune-Review. Liriano's 2014 option appears likely to vest, and Pittsburgh will surely not complain about returning him to their rotation.
Minor Moves: Astros, Ryan Roberts, Doug Mathis
Here are Sunday's minor moves from around MLB:
- The Astros will sign first baseman Japhet Amador and outfielder Leonardo Heras from Diablos Rojos in the Mexican League, according to a team press release. The 26-year-old Amador, who is listed at 6'4" and 315 pounds, was hitting .368/.419/.693 with 36 home runs in 449 plate appearances. Heras, 23, was hitting .310/.398/.519. The amounts of their bonuses are unclear.
- Ryan Roberts has cleared waivers and has accepted the Rays' outright assignment to Triple-A Durham, tweets the Tampa Bay Times' Joe Smith. Roberts was designated for assignment Thursday after hitting .247/.295/.377 with five home runs in 173 plate appearances for Tampa Bay.
- The Pirates have acquired right-hander Doug Mathis from the Marlins for a player to be named later or cash, tweets Michael Sanserino of the Pittsburgh Post-Gazette. Mathis, who has spent the entire season at Triple-A New Orleans, will be assigned to Triple-A Indianapolis. Mathis, who last appeared in a MLB game in 2010 with the Rangers, has posted a 3.85 ERA, 6.7 K/9, and 4.2 BB/9 over 114 2/3 innings with the Zephyrs covering 24 games (21 starts).
Charlie Wilmoth contributed to this post.
NL Notes: Mets, Manuel, Wilson, Choo, Abreu
The Pirates' failure to sign Mark Appel with the eighth overall selection in the 2012 draft created a ripple effect where the Mets passed on free agent Michael Bourn and eventually gave playing time to rookie Juan Lagares, writes Joel Sherman of the New York Post. As compensation for not coming to terms with Appel, the Pirates were awarded the ninth overall pick in this past June's draft, knocking the Mets' choice (11th) out of the protected Top Ten. This was an important considersation for the Mets in deciding to not bid on Bourn, explains Sherman, who cites this as a pefect example of "sometimes the best moves are the ones you don't make." Here's news from other NL teams who aren't neccessarily going to follow that old adage:
- Ex-Phillies manager Charlie Manuel told Jim Bowden and Jim Duquette of MLB Network Radio (via Bowden on Twitter) he wants to continue managing and is open to all opportunities, including the Nationals.
- In that same interview (also from a Bowden tweet), Manuel says the Phillies' plan is to "reload," not "rebuild," needing regular players to fill holes, including adding a starter, and redoing the bullpen.
- Speaking of the Phillies, little has changed with the radio silence regarding their agreement with Cuban right-hander Miguel Alfredo Gonzalez, according to MLB.com's Todd Zolecki, who reported earlier this month the two sides have hit a snag in finalizing their six-year, $48MM deal.
- Dodgers manager Don Mattingly told reporters, including Ken Gurnick of MLB.com, they will have a better idea at the end of today when Brian Wilson will be activated. GM Ned Colletti was a guest of Bowden and Duquette on MLB Network Radio and said the call should be made in "another day or two" (as quoted by Gurnick's colleague, Andrew Simon). Colletti also explained he signed Wilson because he only cost money, not prospects, and there's a familiarity with him from his days as the Giants' closer. "We think it's a very low-risk, high-reward situation," said Colletti. "He wanted to be here. He has a home in L.A. Rivalry and all that aside — we all know what that's all about — he wanted to restart his career and we're going to give him that opportunity here in the near future."
- Four years and $60MM is the guess as to the asking price of Reds centerfielder Shin-Soo Choo in free agency this winter, tweets the Cincinnati Enquirer's John Fay. Choo placed fifth in MLBTR's most recent 2014 Free Agent Power Rankings.
- The Pirates have scouted Cuban first baseman Jose Dariel Abreu in three recent international tournaments and will be on hand for his expected September showcase, reports Rob Biertempfel of the Pittsburgh Tribune-Review. "We like him," GM Neal Huntington said. "It will be interesting to see where the bidding goes." That bidding could exceed $60MM.
Pirates Sign Kyle Farnsworth
The Pirates announced, via press release, that they have signed right-hander Kyle Farnsworth to a minor league contract and assigned him to Triple-A Indianapolis. The 37-year-old Farnsworth was released by the Rays on Sunday after being designated for assignment.
Farnsworth posted a 5.76 ERA with 5.8 K/9, 2.1 BB/9 and a 45 percent ground-ball rate in 29 2/3 innings for Tampa Bay this season — his third year with the club. He served as the Rays' closer in 2011, saving 25 games with a 2.18 ERA over the course of 57 2/3 innings. He's lost some life on his fastball in the past two seasons but still averages a healthy 92.5 mph on the pitch. Farnsworth is represented by Meister Sports Management.
Pirates Sign Kelly Shoppach
The Pirates have signed catcher Kelly Shoppach to a minor league contract and assigned him to Triple-A Indianapolis, the team announced via press release. The 33-year-old Shoppach recently opted out of a minor league pact with the Nationals that he had signed after being released by the Mariners earlier in the year.
Shoppach hit .196/.293/.346 with three homers in 35 games for the Mariners and was leaned upon heavily with the demotion of Jesus Montero. It's not surprising that Shoppach, who has a drastic platoon split, struggled when pressed into everyday action. He's batted just .204/.289/.367 against right-handed pitching in his career but owns a healthy .261/.355/.501 batting line against southpaws. He did struggle against lefties this season, but those struggles came in a small sample size of 30 plate appearances.
Shoppach originally signed a one-year, $1.5MM contract with the Mariners this offseason, of which Seattle still must pay the majority. He drew interest after opting out of his deal with the Nats, reportedly receiving an offer from the Cardinals.
Quick Hits: Trout, Pirates, White Sox
MVP awards are supposed to be based on a player's value to his team, but voters don't ordinarily take contract considerations into account, Jeff Passan of Yahoo! Sports notes. If they did, Passan says the Angels' Mike Trout, who is making just $510K this year compared to Miguel Cabrera's $21MM, would likely win the AL MVP this year. The next-most-valuable player, when considering performance and salary, would be Matt Harvey, who is making $499K. Of course, players like Cabrera and Clayton Kershaw, who have higher salaries but also provide spectacular performance, are still extremely valuable even after factoring in their contracts. But Passan quotes Padres analyst Chris Long, who makes a distinction between value (that is, the degree to which a player outperforms his salary) and mere performance. Most MVP debates only consider the latter. Here are more notes from around the Majors.
- Pirates GM Neal Huntington says that he believes fewer players are being placed on waivers than last August, and that more players are being claimed, Rob Biertempfel of the Pittsburgh Tribune Review tweets. That might suggest it will be difficult for the Pirates, and perhaps other teams as well, to pull off August trades.
- GM Rick Hahn has the White Sox on the right course, Dan Hayes of CSN Chicago writes. Hayes argues that Hahn's trading has added high-level prospects (particularly Avisail Garcia, acquired from the Tigers in the Jake Peavy deal) and depth (in the form of the other three prospects acquired from the Red Sox in the same deal). Hahn also cleared salary by trading Peavy, Alex Rios, Matt Thornton and Jesse Crain. "Although this wasn’t how we wanted to spend the July and August trading periods, overall we are pleased with both the return talent-wise as well as the flexibility created by the deals," says Hahn.
- With their trades, the White Sox cleared $10.7MM in salary in 2013 and $27MM in 2014, Baseball America's Matt Eddy notes. Eddy has compiled a list of what each team traded at the deadline, and what it received in return.
Quick Hits: Santana, Liriano, Porter, Samardzija
The Royals' trade for Ervin Santana was the best move of the offseason, ESPN's Buster Olney writes. Santana has posted a 2.97 ERA with 7.1 K/9 and 2.0 BB/9 in a resurgent season in Kansas City. Right behind the Santana deal, Olney says, was the Braves' deal for Justin Upton and Chris Johnson, followed by the Orioles' signing of Nate McLouth. Here are more notes from around the big leagues.
- Olney's ESPN colleague Jerry Crasnick writes about Francisco Liriano's surprising season with the Pirates. Sure enough, just hours after Crasnick's article was published, Liriano allowed ten runs against the Rockies at Coors Field. But he has still been a big part of the Pirates' stellar year, and for very cheap — Liriano has a complex contract based on the timing of his return from a broken humerus suffered last offseason, but the deal tops out at $4.75MM for 2013, and includes a reasonable vesting option for 2014. Crasnick also names the Rays' James Loney, the Mets' Marlon Byrd, and others as being among the best cheap signings of the offseason.
- Astros manager Bo Porter isn't planning on returning to Washington to manage the Nationals after Davey Johnson retires at the end of the season, Brian McTaggart and Chris Abshire of MLB.com report. "I'm the Houston Astros manager," says Porter. "I'm 100 percent entrenched into getting our situation here to where it is we want to be. The situation in Washington is completely out of my hands and — I'm going to give you my famous one — out of my jurisdiction." Porter is in the midst of a multi-year contract with the Astros, McTaggart and Abshire note, and could only leave for the Nats if the Astros decided to trade him or just let him depart. Neither scenario seems likely, however.
- Jeff Samardzija has struggled recently, but the Cubs don't think his contract situation has anything to do with it, Gordon Wittenmyer of the Chicago Sun-Times reports. Samardzija allowed nine runs on Thursday against the Phillies, four starts after allowing nine against the Angels. "We’ve had some dialogue at different times, but nothing’s really changed on that front, so I don’t see why he would start pressing now as opposed to other times," says Cubs GM Jed Hoyer. Before the non-waiver trade deadline, Samardzija's name occasionally appeared in trade rumors, but it never looked particularly likely that the Cubs would deal him. The two sides reportedly will discuss a contract extension after the season is over. Samardzija is eligible for free agency after 2015.
International Notes: Portorreal, Phillies
Here are notes on two recent international signings.
- The Pirates have signed Dominican outfielder Jeremias Portorreal for $375K, Tim Williams of Pirates Prospects reports (and Ben Badler of Baseball America confirms). Badler notes that Portorreal, 16, could become a power bat, although he will likely be limited to first base or a corner outfield spot.
- Recent signee Luis Encarnacion adds depth to the Phillies' already-large collection of young third basemen, Bob Brookover of the Inquirer writes. The Phillies already have Cody Asche, Maikel Franco and Zach Green at third base. "I hope we have a problem where guys are competing for job," GM Ruben Amaro Jr. says. "These things always have a way of working themselves out, but I hope Maikel Franco becomes the guy we think he can become because he’s the prototypical run producer from the corner." Of course, it will be many years before the 16-year-old Encarnacion enters the picture at the Major League level, and he may well be at a different position once he does.
2014 Vesting Options Update
As we turn to August, here's a look at the players who have vesting options for the 2014 season..
- Kurt Suzuki, Nationals: $9.25MM option vests with 113 starts in 2013. The Nats were relying on Suzuki during the first half of the season when Wilson Ramos was sidelined, but Ramos returned to action on July 4th, sliding Suzuki back down the depth chart. The 29-year-old is 45 starts shy of the needed mark with 52 games remaining, so Suzuki's chances aren't too strong. if/when the option doesn't vest, it'll become a club option worth $8.5MM with a modest $650K buyout.
- Jamey Carroll, Twins: $2MM option vests with 401 plate appearances. Carroll has 185 PAs in 53 games this season. The veteran has had more than his needed total in each of the last three seasons with 500+ plate appearances in each of the last two years, but he'll have his work cut out for him in 2013.
- Wilson Betemit, Orioles: $3.2MM option vests with 324 plate appearances (combined 700 between 2012 and 2013). Betemit underwent arthroscopic knee surgery on March 26th and he'll begin a rehab assignment on Tuesday. Needless to say, his option won't vest.
- Lance Berkman, Rangers: $13MM option vests with 550 plate appearances. Berkman has 282 plate appearances to his credit and the good news is that despite whispers that he might call it quits after his latest hip troubles, he pledges to return this season. Unfortunately for him, his rehab assignment isn't scheduled to get underway until the end of this week and 550 sounds like a longshot.
- Roy Halladay, Phillies: $20MM option vests with 259 innings pitched (combined 415 innings pitched between '12 and '13). This was a longshot to begin with, but shoulder surgery earlier this season makes this one impossible.
- Brett Myers, Indians: $8MM option vests with 200 innings pitched in 2013 and a passed physical after the season. After logging 21 and 1/3 innings in 2013, Myers was sidelined with tendinitis and a mild ligament sprain in his right elbow and has yet to return. When he does come back, it's possible that the Tribe will move him to the bullpen.
- Barry Zito, Giants: $18MM option vests with 200 innings pitched. Zito has racked up 111 and 1/3 innings through 21 starts this season. Zito probably won't get to lock in his sizable 2014 salary.
- Johan Santana, Mets: His $25MM option could have vested with 215 innings pitched or winning the 2013 Cy Young Award, but he won't have a chance at that thanks to a season-ending tear in his pitching shoulder.
It's also worth noting that Pirates pitcher Francisco Liriano has a $8MM club option for 2014, but it can vest at any of three levels – $5MM, $6MM, or $8MM – based on the number of days he is not on the DL this year with a recurrence of his right arm injury. It's not known how many days the hurler must steer clear of right arm trouble in order to trigger each level of his option, however. The left-hander made his season debut on May 11th and has a 2.02 ERA with 9.3 K/9 and 3.7 BB/9 through 16 starts this season.
