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Hector Olivera

Quick Hits: Kang, Olivera, Washington

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It goes without saying that baseball teams invest incredible sums of money in individual players, all with the hopes that they will perform well throughout the game’s rather lengthy annual schedule. In that regard, it is not surprising that ballclubs look high and low for ways not only to identify the right player-contract investments, but also for means of maximizing the dollars spent. Brian Costa of the Wall Street Journal discusses one area in which an increasing number of teams are looking to extract value (or, perhaps, slow a value drain). MLB’s exhausting travel, training, and playing schedule may contribute to injuries and performance decline late in the year, says Costa, who looks at a few ways that health and wellness are being improved around the game.

  • New Pirates infielder Jung-ho Kang is just starting out on his first run through the full major league cycle, of course, after spending all of his career in his native South Korea. As Rob Biertempfel of the Pittsburgh Tribune-Review reports, the team seems bullish on his future and optimistic that he will force his way into the lineup right away. “We believe we’ve brought in a player who’s going to be an everyday player,” said manager Clint Hurdle. “When that happens, we don’t know. We want to prepare him for a starting role, see how the season plays out, see where he can fit and what he can add. Everybody’s vision down the road is for this man to post up and become a regular player in the Pirates’ lineup.”
  • The Dodgers still appear to be among the most plausible suitors for Cuban free agent-to-be Hector Olivera, and Mark Saxon of ESPNLosAngeles.com notes that he is a name to watch for the team. It seems to be a waiting game for now, as GM Farhan Zaidi indicated: “I have no sense of the timetable,” Zaidi said. “We have had some discussions with them being at the workout and whatnot, but until he’s declared eligible to sign we can’t have any more concrete discussions.”
  • Former Rangers manager Ron Washington is looking for a way back into the game as camp opens, he tells Darrell Williams of the Baton Rouge Advocate (h/t Evan Grant of the Dallas Morning News). He says that his expressions of interest with several teams have gone unrequited, indicating a willingness to work in just about any capacity. Washington’s abrupt resignation from the helm of the Rangers is still rather fresh, of course, and it seems likely that he’ll be given another chance at some point.

Details On The Runners Up For Yoan Moncada

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Earlier this morning, the Red Sox reportedly struck an agreement with Cuban phenom Yoan Moncada, landing the 19-year-old switch-hitter with a $31.5MM signing bonus that will cost the team $63MM due to the 100 percent luxury tax it faces for exceeding its international bonus pool. Joel Sherman of the New York Post tweeted shortly after the agreement was struck that the Yankees offered $25MM with a willingness to go to $27MM. Here are some more details on the tail end of a free agency that resulted in the largest signing bonus an international amateur has ever received…

  • The Dodgers never actually made a formal offer for Moncada, GM Farhan Zaidi tells Pedro Moura of the Orange County Register (Twitter links). Though general terms were discussed, the GM explained that Los Angeles weighed other considerations that tempered its interest: “There’s a lot of talent coming July 2. The calculus of that was a big part of our equation.”
  • Steinbrenner was “not the reason” that the Yankees didn’t go higher for Moncada, Matthews tweets, reversing his earlier report (see below).

Earlier Updates

  • The Yankees, Red Sox and Brewers were the three finalists for Moncada, tweets Sherman. However, the Dodgers may have offered the most money, but it came with a price; L.A. was willing to go to $35MM on the condition that Moncada wait until July 2 in order to sign. Doing so would have given the Dodgers unrestricted spending next period, giving them a shot at all the top prospects on the market without the Yankees and Red Sox to compete against. It’s also been reported that Yadier Alvares can’t sign before July 2, so the Dodgers likely could have made a run at both.
  • Indeed, Sherman tweets that the Dodgers are waiting until the new signing period begins on July 2 to spend significantly, and they plan to be very aggressive when that time comes.
  • Yankees GM Brian Cashman badly wanted to sign Moncada, tweets Wallace Matthews of ESPN New York, but he couldn’t convince owner Hal Steinbrenner to spend any more than the reported $27MM figure. The GM told reporters, including MLB.com’s Bryan Hoch (Twitter link), that New York was asked to make its best offer yesterday. He was subsequently informed that it was not sufficient.
  • There was “a feeling from some” that Moncada wanted to end up with the Yankees, but the team simply viewed it as too risky to spend $60-70MM on a prospect, reports Andrew Marchand of ESPN New York (All Twitter links). The Yankees feel that they can buy a proven Major Leaguer with that type of money in the future, and the Red Sox ultimately valued him more, Marchand adds.
  • Jeff Passan of Yahoo Sports writes that the Padres were also considered finalists along with the four teams mentioned by Sherman. One team involved in the bidding, Passan adds, was so confident in Moncada’s abilities that they believed him to be capable of jumping directly into the Majors. Instead, he’ll head to the lower levels of Boston’s minor league system.
  • Via MLB.com’s Adam McCalvy and Tom Haudricourt of the Milwaukee Journal-Sentinel (Twitter links), the Brewers’ interest in Moncada was sincere. GM Doug Melvin believes that he was the first of any GM to submit a formal offer, but the team learned quickly that they wouldn’t be able to sign Moncada
  • Ben Badler of Baseball America notes (Twitter links) that some of the biggest winners in this scenario are Hector Olivera and next signing period’s crop of international amateurs. As Badlery points out, Olivera is being pursued by a number of teams who were also interested in Moncada, but the Red Sox aren’t involved in his market. Moncada signing with Boston means that Olivera didn’t lose a suitor. As for the rest of the international amateurs, they and their trainers are rejoicing, Badler says. The Red Sox were already over their bonus pool, so Moncada signing with them prevents another team (e.g. the Dodgers or Brewers) from going over their pool, giving the next wave of players another suitor.

Latest On Yoan Moncada

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Yoan Moncada is expected to field final offers this weekend, tweets Scott Miller of Bleacher Report. A decision could come early next week. Miller highlights the Yankees and Dodgers as two favorites to put forward a big offer. Here’s more regarding the final market for the young Cuban.

  • The Yankees, Red Sox, and Padres are thought to be the front runners to land Moncada, reports Jon Heyman of CBSSports.com. Heyman notes that this is based on speculation from two rival executives rather than a source in Moncada’s camp. While the Yankees “love” Moncada, a New York official claimed Boston was “all over” him.
  • The Dodgers are “lurking” per Heyman. His sources wonder if they might not be more interested in other Cubans like Hector Olivera or Yadier Alvarez.
  • The Brewers could be a surprise entrant to the bidding. As you would expect, a small market club might have trouble outbidding the industry titans. Considering an estimated total cost ranging from $70MM to $80MM (including the 100% tax), it would come as a real shock if Milwaukee managed to sign Moncada. Similarly, Heyman wonders if San Diego has the money to muscle past their large market rivals.

Free Agent Notes: Moncada, Olivera, O’s, McGowan

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The agent for Cuban teenager Yoan Moncada, David Hastings, says that “offers are coming in,” Jon Morosi of FOX Sports tweets. Hastings says he is “still hopeful” that he and his client “can make a decision soon.” Last we heard from Hastings, on Valentine’s Day, he indicated that no formal offers had been made and softened somewhat the idea that Moncada would be in position to sign by February 23rd. While there appears to be some movement, the precise timeline remains uncertain.

  • The market for more advanced Cuban infielder (and, presumably, soon-to-be free agent) Hector Olivera seems quite robust. Hall of Fame journalist Peter Gammons has heard from additional team executives, and he counts at least five that predict a deal of $70MM or more for Olivera. (Twitter link.)
  • The Orioles may not be done adding, Dan Connolly of the Baltimore Sun reports. That holds true even if the club’s deal with Everth Cabrera is finalized, presumably, as the report indicates that Baltimore is expected to sign at least one more pitcher to a minor league deal.
  • One arm that the O’s have been connected to is Dustin McGowan. Another team that has expressed interest in the 32-year-old, the Twins, is not expected to land the free agent righty, Darren Wolfson of 1500 ESPN tweets.

Latest On Hector Olivera, Yoan Moncada

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We already took a peek in this morning at the Cuban market, but the news keeps coming. Here’s the latest on the two most touted position players available (or soon to be):

  • Two executives who spoke with Hall of Fame journalist Peter Gammons indicated that the market for Hector Olivera looks rather strong (Twitter link). One predicted that Olivera would attain a $45MM to $50MM guarantee, while the other (from a team with interest) guessed that the 29-year-old infielder would reach the $65MM to $70MM range. We have heard reports of Olivera seeking that kind of guarantee, but it is interesting to see that some big league front office people see it as a likely outcome.
  • We heard earlier today that the Dodgers continue to have interest in Olivera and would plan to use him at third if they end up signing him.
  • Yoan Moncada remains most likely to sign with the Yankees or Dodgers, Ben Badler of Baseball America writes. The Padres are the third most likely landing spot, in Badler’s estimation, with the benefit of having not apparently made commitments that would need to be broken with next year’s July 2 class. Also still in the mix are the Red Sox and Tigers. Of course, the level of interest in the latter two teams, especially, remains unclear. In particular, Detroit is “not that serious” about going after Moncada, per Tony Paul of the Detroit News, who adds via Twitter that the team has not been in contact lately with Moncada’s camp.
  • Notably, however, Badler adds that the Cubs and Rangers are “not out of the race” and are being aggressive in their pursuit of Moncada. Both teams would need to convince him to wait until July 2 to sign, which seems unlikely at this point.

Cuba Notes: Yoilan Serce, Olivera, Dodgers, D’Backs

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There’s another middle infielder name to be aware of, per MLB.com’s Jesse Sanchez (Twitter links) and Ben Badler of Baseball America (via Twitter). Yoilan Serce, 27, will put on a showcase tomorrow in Florida. The second baseman owns an attractive .325/.395/.468 slash in his nine-year run in Cuba, but his power numbers dipped significantly over the past two seasons, with his slugging percentage coming in shy of .400 for the first time in his career. If you want an early look at Serce, check the second link to Sanchez’s Twitter account above to watch a few BP cuts.

Here are a few more notes on the thriving market for Cuban ballplayers:

  • Should the Dodgers land infielder Hector Olivera, as some have suggested is likely, the plan would almost certainly be to use him at third base, Ken Rosenthal and Jon Morosi of FOX Sports report. Los Angeles would need to figure out a role or a trade for incumbent Juan Uribe in that scenario. The difficulty with stashing Uribe on the bench, of course, is that his value is tied up primarily in his glove at the hot corner. While he probably would have drawn some interest after a strong 2014, it is not clear whether there are many obvious suitors at this point.
  • As others have suggested, and Rosenthal explains, there are good reasons to think that the teams that have already blown past their international bonus pool allocations will be the ones to make most of the significant investments in young Cuban talent over the coming months. Alternatively, teams that have yet to incur the significant penalties for going well over their spending allotment are waiting to see if they can land multiple players so as to make it worthwhile.
  • The Diamondbacks, for instance, already signed Yoan Lopez and now have interest in second baseman Andy Ibanez, per the report. Sources also tell Rosenthal that Arizona is out of cash, however.

Updates On The Top Cuban Free Agents

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Yoan Moncada, Hector Olivera and Yadier Alvarez represent the top three names on the Cuban market right now, with Andy Ibanez ranking as perhaps the fourth-most intriguing option from the island. Both Moncada and Ibanez are eligible to sign at any time, while Olivera is still awaiting MLB’s clearance. Alvarez is the furthest from signing, as he’s yet to establish residency in another country, which must be completed before he can begin the process of getting cleared.

There’s been a quite a bit written on each of these four of late, so we’ll look at each on a case-by-case basis within this post. All information is courtesy of this excellent and comprehensive piece from MLB.com’s Jesse Sanchez unless otherwise noted.

Yoan Moncada

Moncada has yet to receive a formal offer, Sanchez writes, but he’s worked out privately for the Cubs, D-backs, Yankees, Red Sox, Dodgers, Padres, Giants, Rangers, Rays, Tigers and Brewers, and there could be other private workouts to come.  Some scouts are a bit skeptical of Moncada’s ability to hit from the right side of the plate, but the belief is that he won’t require a lengthy stint in the minors before being ready for the big leagues.

Sanchez notes that any team that signs Moncada would have until July 15 to pay the overage tax on what will be a historic bonus, and that bonus can be paid out in installments over the next three years. So, while shelling out the tax due to the league in one lump sum may be onerous for smaller-market clubs like the Padres, the timeline on that payment is at least pushed back a ways.

Ken Rosenthal of FOX Sports recently spoke to multiple executives regarding Moncada’s potential bonus, and while one estimated that the bonus alone could reach $50MM, others have expressed some skepticism at the numbers that have been thrown around. Rosenthal spoke to execs that are clearly on both ends of the Moncada spectrum, as one estimated a $30MM maximum bonus, with something in the range of $20MM being more likely. Of course, that would still shatter the current record, held by Yoan Lopez ($8.25MM).

Digging further into the Moncada market, Dennis Lin of the San Diego Union-Tribune spoke with Moncada’s agent, David Hastings, who iterated once again that he hopes to have Moncada in camp for Spring Training. Said Hastings of that goal: “Certainly that’s not all within our power, as we have to wait for teams to make a commitment, and we have to choose the team we think best suits my player. But hopefully we’re down to the final stages of the process and we can begin the contract phase.” Hastings added that he wants to give as many as teams as possible the opportunity to bid on his client, so the volume of private workouts Moncada has attended isn’t exactly surprising. Lin characterizes the Padres as a potentially “unlikely, if not improbable destination” for Moncada. The Dodgers and Yankees remain the favorites, per Sanchez.

Hector Olivera

The 29-year-old Olivera, who turns 30 in April, is said to be seeking a five- or six-year pact along the lines of the contracts signed by Yasmany Tomas (six years, $68.5MM with a year-four opt-out) and Rusney Castillo (seven years, $72.5MM), Sanchez writes. (Remember that Oliver’s age and professional experience make him exempt from international spending limitations.) A recent report by Kiley McDaniel of Fangraphs depicts that as highly unlikely; McDaniel noted that concerns over Olivera’s age and a blood clot disorder (thrombosis) may limit his contract to three years, or potentially four, if multiple clubs become aggressive. He did concede that something around $10MM annually could be possible.

Sanchez writes that the 6’2″ Olivera is in the best shape of his career and has “wowed” in open showcases and private workouts, leading many to believe he could hit 15 to 20 homers annually.

Were Olivera younger, I’d be more inclined to believe that he could command something in the vicinity of the Tomas and Castillo deals, but I personally can’t envision that for a player of his age. Tomas will be younger than Olivera is right now when his six-year contract expires, and Castillo’s deal runs through just his age-32 season. A six-year pact for Olivera would carry through his age-35 campaign, so despite having seemingly impressive power for a second baseman (he can also play third), those goals seem far-fetched.

Lin notes that the Padres also have some interest in Olivera and may turn their sights his way if they’re unable to land Moncada. Padres pro scouting director/senior adviser Logan White attended Olivera’s final showcase in the Dominican Republic last week, per Lin.

Though Olivera isn’t yet cleared to sign, Sanchez hears that he could sign within 24 hours of being declared a free agent. The Mariners, Braves and Dodgers are the most likely landing spots for Olivera, per Sanchez, who also lists the Yankees and Padres as interested clubs. Clearly, Seattle is an odd fit, given the presence of Robinson Cano and the recently extended Kyle Seager. Perhaps, however, the Mariners would have interest in using Olivera in a corner outfield spot or in some form of super utility capacity.

Yadier Alvarez

One high-ranking NL official told Sanchez that Alvarez was the best 18-year-old pitcher he’s ever seen following a showcase in which he touched 98 mph on the radar gun and also showed a plus slider and above-average changeup. Scouts to whom Sanchez has spoke believe he could eventually become a No. 2 starter. One international scouting director also told Sanchez that given Alvarez’s age and lower asking price, he prefers the right-hander to Moncada.

The Dodgers, D-Backs, Rockies, Nationals, Blue Jays, Padres, A’s, Cardinals, Twins and Brewers are all interested, per Sanchez, with the D-Backs and Nationals as the likeliest destinations at the moment. However, Alvarez is still early on in the process, so those seem the most likely to change of any of Sanchez’s likely destinations.

Andy Ibanez

Ibanez, 21, has drawn comps to Omar Infante, Howie Kendrick, Miguel Cairo and Placido Polanco from scouts, Sanchez writes, although he’s probably a couple of years away from contributing in the Majors. As other reports have indicated, Ibanez’s tools don’t blow scouts away, but he does have Major League potential. Sanchez lists the Dodgers, Giants, Yankees, D-Backs, Brewers, Mariners, and Padres as interested parties, with the Yankees, Dodgers and Padres as the likeliest landing spots.

Latest On Cuban Market

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With the crop of six-year service time free agents thinning noticeably, attention has turned to the fascinating group of players readying to sign after leaving their native Cuba. Kiley McDaniel of Fangraphs has been among the most active observers on this still-developing segment of the market, and delivers a host of interesting information in his latest post on the subject.

While I recommend a full read of his work, here are some highlights:

  • Hector Olivera is the lone name who figures to have immediate impact. (Fellow middle infielder Jose Fernandez reportedly remains in Cuba after having been thought to have left with intentions of seeking a MLB deal.) McDaniel agrees with Baseball America’s Ben Badler that Olivera has the potential for immediate impact, but says there are significant doubts about his long-term prospects. For one, Olivera’s medical history is not just limited to sports injuries, but includes a significant case of thrombosis. Then, there is the fact that Olivera’s age cannot be confirmed with certainty and even some indications that scouts are questioning why he is “fatigued earlier in workouts than an athlete of his size, strength and age should.”
  • Ultimately, McDaniel concurs with Badler that Olivera is seeking and could obtain a $10MM+ annual guarantee. But McDaniel cautions that he expects it to run over just two or three seasons (with an outside chance at a fourth guaranteed year) with options and incentives included.
  • The other name making noise at the recent international showcase was Cuban righty Yadier Alvarez, who McDaniel has in the mid-to-upper 90s with a plus slider and promising change. The rest of the package checks out for his age, with McDaniel saying that Alvarez’s raw talent and progress to date is on the same level as the very best high school arms entering the draft. Alvarez expects to have him ready to sign in the next month or two and does not seem inclined to wait for the market to turn over on July 2nd, which would mean the Cubs and Rangers would not be eligible to sign him. (Should he wait to sign, Alvarez would lose the Yankees, Red Sox, Rays, D’backs, and Angels as potential suitors.) While this particular market is in the very earliest stages of development, McDaniel says that Alvarez is plainly superior to Yoan Lopez, who just got a $8.25MM bonus from Arizona.
  • McDaniel also provides an update on 21-year-old infielder Andy Ibanez, who is seemingly no longer showcasing. That could mean that he is in the process of (or will soon be) sorting through offers. While the demand side of the equation is hard to peg in his case, McDaniel says he expects one of the bonus-busting teams listed above to land him at a potential cost of between $5MM to $12MM.
  • The most exciting name out there remains Yoan Moncada. Though there is not much new to pass on in his case, Badler does present some video of Moncada’s past plate appearances against several notable young arms. One executive tells Ken Rosenthal of FOX Sports (Twitter links) that the bidding on Moncada could reach nine figures in terms of total investment (given the near-100% tax for signing him). Rosenthal also says that the Moncada case may be a catalyst for debate on the issue of how amateur rights are secured.

International Notes: Alvarez, Olivera, Moncada

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Cuban right-hander Yadier Alvarez has quickly become one of the most talked-about prospects on the international market, and the buzz among scouts, per Yahoo’s Jeff Passan (on Twitter), is that the Phillies, Dodgers and Diamondbacks are expected to heavily pursue the 18-year-old. In a recent workout in the Dominican Republic, Alvarez showed 93-to-97 mph heat, and as Kiley McDaniel of Fangraphs has shown in posting video, he also features a promising slider. A previous report noted that the Twins had their VP of player personnel and other scouts watch Alvarez also, though their specific level of interest remains unclear.

Here’s more from the international front…

  • The Angels are looking at Cuban second baseman Hector Olivera, Jeff Fletcher of the Orange County Register reports (Twitter link). It’s unclear how serious the Halos’ interest is at this juncture, Fletcher cautions, but certainly their long-term outlook at second base is hazy at best. Grant Green, Josh Rutledge and Johnny Giavotella will compete for reps at the keystone this season, but the Angels could benefit from adding an MLB-ready (or close to it) second baseman. Then again, the Angels have persistently refused to make moves that would put them over the luxury tax threshold, and Olivera is expected by teams to seek as much as $12MM annually.
  • Yoan Moncada worked out for the Dodgers in Florida today, FOX Sports’ Ken Rosenthal tweets. A number of the Dodgers’ top executives were present to get a first-hand look at the 19-year-old infielder. The Dodgers are said to be one of the most serious suitors for Moncada, along with the Yankees, Red Sox and possibly the Padres.
  • The Dodgers are reportedly wary about limiting themselves for future international signings by making a big splash for Moncada, though Baseball America’s Ben Badler opined (via Twitter) that he wouldn’t be surprised if L.A. signed both Moncada and Olivera. I agree with Badler — if the Dodgers are willing to exceed the international pool limit anyway, they might as well load up on international talent now since they’ll be virtually unable to make any such signings until June 2017.
  • If Moncada was eligible for the 2015 draft, he’d be a strong candidate to be the first overall pick, MLB.com’s Jim Callis notes in his comparison of Moncada to current top infield prospects. “His overall 65 grade would place him among the top dozen prospects in baseball right now, and it’s arguably a bit conservative, because teams haven’t had the chance to evaluate him against much quality competition,” Callis writes.

Free Agent Notes: Shields, Olivera, Alvarez, K-Rod

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James Shields’s new deal with the Padres is less valuable to him than it might have been had he signed it elsewhere, Ken Rosenthal of FOX Sports writes, citing CPA Robert Raiola. Taxes (and agent fees) would have put the Cubs’ reported three-year, $60MM offer in the ballpark (~$4.5MM shy) of the total guarantee Shields actually received — assuming, at least, that Shields would have resided in the home state of either club. Of course, state taxes impact every deal, though it is only on occasion that we stop to consider it. To take but a few examples, the large Mike Trout, Buster Posey, and Clayton Kershaw extensions were signed with clubs playing in high-tax California, while Giancarlo Stanton is locked up for the foreseeable future in Florida, which does not charge income tax.

We’ll save the rest of that expansive topic for another day. Here are a few more free agent notes:

  • As Steve Adams and I discuss on today’s podcast (to be released early this afternoon), Cuban infielder Hector Olivera actually seems a somewhat under-hyped story this spring. Ben Badler of Baseball America writes that Olivera has scouts “excited about [his] potential to make an immediate impact on a major league team in 2015.” While still not technically a free agent, Olivera is expected to be declared one shortly. When he does, his market will get very interesting. Badler writes that teams expect Olivera to seek money in the ballpark of that given by the Red Sox to Rusney Castillo ($12MM annually over six years), in AAV if not also years. That is no guarantee he will be paid that way, of course, and Olivera has some health questions. But if those concerns are resolved, Badler says he prefers the veteran to both Castillo and Yasmany Tomas, noting that some teams view him as an above-average big leaguer from the get-go.
  • If you want to have a look at Olivera, check out this video of his work yesterday from Kiley McDaniel of Fangraphs. McDaniel also has motion footage of live-armed 18-year-old righty Yadier Alvarez, who he labels the “hottest name in baseball.” Alvarez is still rather early in the process of seeking free agency, but should be available to sign before too long.
  • Free agent righty Francisco Rodriguez is still looking for a two-year deal Ken Rosenthal of FOX Sports reports in a piece full of several interesting bits of information. Rodriguez is the top-ranked free agent left unsigned, slotting in just ahead of fellow late-inning reliever Rafael Soriano. The Brewers remain interested in a reunion with K-Rod, per the report.
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