Extension Updates: Garza, Kennedy, Gordon, Hamilton

The Cardinals and Yadier Molina are closing in on a five-year deal in the $70-75MM range. Here are more updates on extension talks around the league…

Quick Hits: Cabrera, Marlins, Dodgers

The deadline for NHL teams to make trades in preparation for their playoff runs passed this afternoon. Baseball's deadline is five long months away, but we've got these links to keep you going in the meantime…

Quick Hits: Kershaw, Moreno, Cespedes, Joyce

Here are a few items from around the Majors as we head into Sunday…

  • The first priority for the new Dodgers owner should be to sign Clayton Kershaw to a long-term extension, says ESPN's Buster Olney in a video blog.  Kershaw's recent two-year contract only covers his first two arbitration years, putting him on track for free agency (at age 26) after the 2014 season.  "The entire landscape of baseball would be all over Kershaw as a free agent," says Olney, who believes the Dodgers should offer Kershaw something akin to a five-year, $100-120MM deal to lock him up.
  • Arte Moreno expects the Angels to be "a highly competitive team" and discussed several other topics about the upcoming season with MLB.com's Alden Gonzalez.
  • As part of a piece about the risks of signing Yoenis Cespedes, Clark Spencer of the Miami Herald explores how other heavily-hyped Cuban stars have been the victim of high expectations in the Major Leagues.
  • Rays outfielder Matt Joyce has changed agents and is now represented by the ACES firm, according to Marc Topkin of the Tampa Bay Times.  Joyce, a possible extension candidate, will be arbitration-eligible for the first time next winter and is under team control through 2015.
  • Asdrubal Cabrera's arbitration-avoiding deal with the Indians prompted Paul Hoynes of the Cleveland Plain Dealer to examine the possibility of signing Cabrera to a multiyear deal.  Last month, MLBTR's Tim Dierkes looked at what a Cabrera extension could cost the Tribe.
  • From that same piece, Hoynes says that the Indians' lack of guaranteed contracts past 2012 is probably not a sign that the Dolan family is "streamlining the franchise" as a prelude to a possible sale of the club.
  • Four of top seven prospects in the Athletics' system came via the Trevor Cahill and Gio Gonzalez trades, writes MLB.com's Jonathan Mayo.

Quick Hits: Cespedes, Sanchez, Cabrera

The Twittersphere is um, atwitter, with Jeremy Lin chatter right now, but you'll have to head over to Hoops Rumors for the latest on the Knicks' sudden superstar. Here are a few baseball-related odds and ends to share as the night winds down …

  • Marlins manager Ozzie Guillen said on ESPN 1000 Radio today that while there's a lot to like about free agent Yoenis Cespedes, the outfielder doesn't come without some concerns. Guillen added that many teams are interested in Cespedes, implying that it's hardly a sure thing that the Cuban defector will sign with Miami.
  • An arbitration expert told Jon Heyman of CBSSports.com that the Marlins "blew it" by allowing Anibal Sanchez to earn a $4.3MM raise through arbitration coming off a season in which he won eight games and posted a 3.67 ERA (Twitter link). Sanchez will earn $8MM in 2012.
  • An arbitration expert also told Heyman that the Indians did well in settling with shortstop Asdrubal Cabrera slightly above the midpoint of their exchanged figures, as the Tribe's original offer was low (via Twitter).

Indians, Asdrubal Cabrera Avoid Arbitration

The Indians announced that they avoided arbitration with Asdrubal Cabrera, agreeing to terms on a one-year deal for 2012. Octagon represents the shortstop, who will earn $4.55MM in 2012, according to MLB.com's Jordan Bastian (Twitter link).

Cabrera had filed for $5.2MM, while the Indians had countered with a $3.75MM submission, as MLBTR's Arbitration Tracker shows. The Indians have discussed a multiyear extension with Cabrera, who will remain under team control through 2013. Earlier in the offseason, MLBTR's Tim Dierkes suggested a four-year, $27MM deal could work for both sides.

The Indians have now signed all arbitration eligible players for 2012, so their streak of avoiding arbitration hearings continues. The club's last hearing took place in 1991.

Indians Notes: Kotchman, LaPorta, Cabrera

The Indians made one of their most significant moves of the offseason yesterday signing Casey Kotchman to a one-year, $3MM contract. GM Chris Antonetti explained the deal this morning and Paul Hoynes of the Cleveland Plain Dealer and Jordan Bastian of MLB.com have the details:

  • Antonetti said the Indians are still working to create 40-man roster space for Kotchman, Hoynes tweets. The Indians were in on Kotchman last offseason, Bastian tweets.
  • Matt LaPorta will have the chance to win the first base job in Spring Training, but the Indians intend for him to play every day, Hoynes tweets. Bastian suggests LaPorta, who has options remaining, will likely open the season in Triple-A (Twitter link).
  • Asdrubal Cabrera is in Cleveland and the team is discussing a multiyear deal with the shortstop, Antonetti said, according to Hoynes. MLBTR's Tim Dierkes examined a possible extension for Cabrera about a month ago, suggesting that a four-year, $27MM contract could work for both sides. Cabrera asked for $5.2MM through arbitration and the Indians offered $3.75MM.

Indians Notes: Lugo, Cabrera, Perez

Before Spring Training begins, the Indians will work to settle two unresolved arbitration cases and the uncertainty that surrounds Fausto Carmona/Roberto (Heredia) Hernandez. Here are some notes from Cleveland…

  • Talks between the Indians and Julio Lugo have fallen apart, Jordan Bastian of MLB.com reports. The sides agreed to terms earlier this month, but it no longer appears that the move will become official. Bastian suggests a physical issue may have surfaced.
  • The arbitration hearing dates for Asdrubal Cabrera and Rafael Perez have been set, Paul Hoynes of the Cleveland Plain Dealer tweets. The Indians haven’t had an arbitration hearing since 1991, Hoynes writes.
  • No one is sure how long it will be before Carmona/Hernandez can join the team, Bastian explains. It seems unlikely that the Indians will have him by Opening Day since obtaining a visa and sorting through legal issues will take time.

Arbitration Filing Numbers

Many players avoided arbitration today, but dozens of others exchanged figures with their teams in anticipation of hearings. Most cases won't go to arbitration hearings, but teams such as the Rays, Nationals, Marlins, White Sox, Blue Jays and Braves have stuck to 'file and trial' policies in the past. 

MLBTR's arbitration tracker will keep you up to date on every one of the filing numbers from around the game, but here are the highlights — players who filed for $4MM or more. Jon Heyman of CBSSports.com had most of the info with MLBTR and others also contributing:

International Notes: Zambrano, Cabrera, Montero

Links are in Spanish…

  • Rumors have been circulating in Carlos Zambrano's home country of Venezuela about a possible trade to Miami, writes Marlins beat writer Luis Rangel at El Nuevo Herald, the Spanish-language counterpart to the Miami Herald (via Twitter). Rangel adds that he's heard from the team that "it's not true."
  • Asdrubal Cabrera will begin contract negotiations with the Indians next week, his agent Jose Mijares of Octagon told Jose Manuel Fernandez at El Universal in Venezuela. Tim Dierkes analyzed Cabrera as an multiyear extension candidate yesterday, though Mijares didn't mention any prospect of a long-term deal. "The team will send us a figure, and we'll respond," he said. "I don't think there will be any problems in signing soon. My experience with Cleveland tells me that there won't be any need to go to arbitration."
  • In the same piece, Mijares said that another of his arbitration-eligible clients, Miguel Montero, is close to agreeing with the Diamondbacks on a figure for 2012. "Montero has more points in his favor than Cabrera," Mijares said. "He was the leader many offensive categories among National League catchers." Montero's strong 2011 campaign led MLBTR's Mark Polishuk to identify him as an extension candidate back in September.  For 2012, Matt Swartz projects a $5.3MM salary.
  • Vicente Padilla told Edgard Rodriguez C. at La Prensa in Nicaragua that three teams have showed interest in him recently. Two days ago, another Nicaraguan paper reported that the Marlins were eyeing Padilla, but the pitcher said there is nothing firm between him and any team. More importantly to the 34-year-old righty's Major League prospects, his neck is pain-free and his fastball has reportedly been up around 95-96 mph this winter.
  • Miguel Tejada told Pappy Perez at El Nacional in the Dominican Republic that he wants to invest in the Dominican Winter League team the Aguilas Cibaeñas when his Major Leauge career is through. But he emphasized that he's not retired yet. "I've had a bad season, but that's not to say that I'm done, and my goal is to show that I can still be a player at the highest level. That's my goal these days," Tejada insisted.
  • Sources close to Amaury Sanit tell Fernando Ballesteros at Puro Béisbol in Mexico that the Dodgers are interested in signing the 32-year-old Cuban reliever. Sanit logged just seven innings out of the Yankees' pen last season before being released in June, but he has seen more action as the closer for the Culicán Tomateros in the Mexican League this winter, pitching to a 0.62 era in 36 appearances.

Extension Candidate: Asdrubal Cabrera

It's difficult to argue with the selection of Jacoby Ellsbury as the American League's 2011 Comeback Player of the Year, but Indians shortstop Asdrubal Cabrera belonged in the discussion.  A broken left forearm cost Cabrera much of the 2010 season, but he posted a career year in 2011, winning a Silver Slugger with a 25 home run campaign.  What would a fair extension look like?

Asdrubal

First we must address the question of whether the Indians or Cabrera would be interested in a multiyear deal.  The Indians have to note Cabrera slumped to .244/.310/.419 in the second half.  That's useful for a shortstop, but not star territory.  Then there's the matter of Cabrera's defense, which UZR rates as consistently below-average.

On the other hand, Cabrera played in 151 games last year and hit .289/.344/.486 over the season's first four months.  He may have worn down toward the tail end of the season.  He hit more flyballs than ever and may truly be a perennial 20 home run threat now.  And it's possible the Indians prefer other defensive metrics that present Cabrera in a better light.  Jason Donald doesn't profile as an everyday shortstop; the Indians don't have anyone nipping at Cabrera's heels.

Cabrera, a client of Octagon, has a bit more than four years of Major League service.  Matt Swartz's projections call for a raise of nearly $3MM in his second arbitration year, bringing Cabrera to approximately $4.8MM for 2012.  As a comparison, J.J. Hardy's 2008 season, in which he hit 24+ home runs for a second consecutive year, earned him a $2MM raise heading into his second arbitration year.

Hardy had a couple of injury-plagued years before fully bouncing back in 2011.  His three-year, $22.25MM extension was signed in July, and the $7.4MM average annual value feels well light of what he could have earned on the open market.  Generally players, even shortstops, are compensated more for offense than defense.  Although Jhonny Peralta and Clint Barmes are superior defenders to Cabrera, Cabrera's 25 home run, 92 RBI campaign probably puts him ahead of the $5.5MM-range average annual values they scored on two-year free agent deals.  Of course, Cabrera is two full seasons away from the open market.

Toronto's Yunel Escobar doesn't have the power of any of those players, but he is a shortstop who signed an extension prior to his second arbitration year.  The contract is probably too team-friendly to be instructive, with $5MM salaries for each of the last two arbitration years and two club options for free agent years at the same amount.  Stephen Drew is a point of reference on the other end of the spectrum; he's under contract for $15.75MM for his last two arbitration years alone.

What would be a fair offer for Cabrera?  I'm thinking $4.25MM for 2012, $6.5MM for 2013, and $8MM apiece for two free agent years.  That'd put him around $27MM over four years, a nice guarantee for a player who had never topped six home runs in a season prior to 2011.  The Indians would probably prefer a club option on the last year or two, but with Cabrera within spitting distance of free agency they might not be able to get that.  It's possible the Indians don't value Cabrera's free agent years at that level, but I think a reasonable four-year extension would benefit his trade value.

Photo courtesy of Icon SMI.

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