Homer Bailey

Latest On Phillies’ Pitching Targets

By Mark Polishuk | July 19, 2019 at 11:45am CDT

July 19: The Phillies have also shown some level of interest in Blue Jays righty Marcus Stroman, tweets Jon Morosi of MLB.com. Given that Stroman is eminently available and arguably the most likely pitcher in baseball to be traded in the next two weeks, it’d be a surprise if Philadelphia (or any other team eyeing rotation upgrades) hadn’t reached out to Toronto to express interest.

July 18: It’s already been a busy day on the Phillies rumor mill, as we’ve heard reports connecting the team to such names as the Rangers’ Mike Minor, newly-minted free agent Drew Smyly, and (before he was dealt to the Red Sox) Andrew Cashner. Since pitching is such a priority for the arm-needy Phils, it’s no surprise that they’ve cast a wide eye across the pitching market, as NBC Sports Philadelphia’s Jim Salisbury reports that the Phillies have also had talks about Giants southpaw Madison Bumgarner, Tigers lefty Matt Boyd, and Diamondbacks right-hander Zack Greinke.

The Phils also looked into Homer Bailey before the Royals dealt Bailey to the Athletics last weekend, indicating that Philadelphia is looking at all ends of the pitching market. As Salisbury notes, the Phillies aren’t keen on giving up several top prospects to land a top starter, as rival teams are still putting high price tags on their best trade chips.

Lower-level targets like Cashner, Bailey, and Smyly are therefore also being explored to help stabilize at least the back of the Phillies’ rotation. Of course, the Phillies are arguably in need of multiple arms already, and that need will only become more severe if Jake Arrieta ends up requiring season-ending surgery. Trading for two top-of-the-market starters is almost surely too steep a price for the Phillies, so a tactic of acquiring just one of those top-flight arms and then signing a pitcher like Smyly could be a more viable strategy if Philadelphia does intend to pick up more than one starter.

Recent comments from team president Andy MacPhail suggest that the Phillies aren’t going to give up top prospects for a rental player (if at all), and perhaps could be more inclined to pursue trades that would see the team take on salary rather than move much in the way of notable minor league talent. This stance would seem to make it less likely that the Phillies make a strong push for Bumgarner (a free agent after the season) or Boyd, who will be relatively cost-controlled through three arbitration-eligible seasons but is only available for a team that meets the Tigers’ heavy asking price.

This leaves Greinke as a potentially very intriguing candidate, as the Diamondbacks are likelier to accept a lower-level prospect package just for the sake of getting the righty’s salary off the books. While Greinke has largely been excellent over his tenure in Arizona, his contract takes up such a big percentage of the team’s payroll that it has left the semi-rebuilding D’Backs somewhat hamstrung in terms of financial flexibility. Greinke is owed roughly $83.1MM in salary and signing bonus allotments until the end of the 2021 season — to put it in perspective, Greinke alone accounted for almost 28 percent of the Diamondbacks’ player payroll in 2019.

Trading for Greinke would probably put the Phillies over the $206MM luxury tax threshold, as Roster Resource currently projects their number as $196.36MM. The Phils could try to move some other salaries to carve out some extra payroll space, or perhaps just accept going over the tax limit as the cost of doing business for a run at the postseason.

Then again, this could all be a moot point since Greinke said in February that he didn’t want to be dealt anywhere, and the Phillies are one of the 15 teams on his no-trade list. While it’s possible Greinke’s feelings have changed in recent months, it could take some further negotiating to get Greinke into the fold, perhaps so much so that the Phillies could prefer to just move onto another trade target.

AL West Notes: Astros, Bailey, Santana, Rangers

By Mark Polishuk | July 14, 2019 at 10:11pm CDT

Pitching is on the Astros’ mind as the AL West leaders approach the trade deadline, and both starters or relievers could be on the menu, GM Jeff Luhnow told The Athletic’s Jake Kaplan (subscription required). “It all depends on whether or not we’re able to acquire a starter and what that means for the rest of the rotation and maybe when [Brad] Peacock’s going to come back and be healthy and all of that,” Luhnow said. “So, there are a lot of variables. But we’ve never ruled out looking at relievers. In fact, several of the pitchers that we have on our wish list are relievers.”

As Luhnow mentioned, Peacock’s injury status adds another question mark to a rotation that was already in need of at least one more starter. While Houston has been linked to any number of big-name starters on the rumor mill, acquiring a reliever would add pen depth, and also perhaps allow the Astros to experiment with using an opener and bulk pitcher for one of the rotation spots, rather than a full-time starter. For the short term, Luhnow figured his team will have to get though something of a pitching crunch over the next few days, though “we talked to a couple clubs about some players who might fit in.”

Athletics Acquire Homer Bailey

By George Miller | July 14, 2019 at 1:05pm CDT

The Oakland Athletics have closed on a deal to acquire Kansas City’s Homer Bailey, according to ESPN’s Jeff Passan. Ken Rosenthal of The Athletic first reported (via Twitter) that a trade was imminent. The Royals will receive minor-league infielder Kevin Merrell in return, according to an official Athletics release.

Bailey, 33, will go down as another bargain-bin acquisition for the playoff-hungry Athletics, who sit six games behind the first-place Astros, but currently slot in as the second Wild-Card team in the American League. Much like last season, when the team won 97 games and landed in the Wild Card game, the Athletics will hunt for affordable pitching help (which came in the form of Mike Fiers in 2018) to boost the club to back-to-back postseason berths. Rarely a team to make splash acquisitions, the A’s will likely remain on the periphery of the discussions surrounding marquee starters like Noah Syndergaard and Trevor Bauer. Of course, that doesn’t mean that value can’t be found elsewhere on the trade market.

Evidently, David Forst, Billy Beane and company believe that Bailey represents such a value. With the Dodgers, who acquired and immediately released Bailey in a December blockbuster with the Reds, paying the remainder of his hefty salary, the Royals snagged the veteran on a minor-league deal, meaning that the Athletics will only owe about $250K to Bailey.

Though he was maligned last season for his 1-14 record, Homer Bailey has shown some encouraging signs this year, and has posted his lowest ERA since 2014. He’s striking out 8.1 batters per nine innings, and home runs have come less often than last season. This isn’t an acquisition that can transform a pitching staff overnight, but Bailey will step in as a low-cost veteran who could pay dividends in the stretch run.

It’s been pitching that has concerned the Athletics all season, and many anticipated the team pursuing upgrades on the mound this summer. With a myriad of injuries preventing promising southpaws Sean Manaea, Jesus Luzardo, and A.J. Puk from contributing thus far, Oakland has had to patch together a makeshift rotation to carry them through the first half. Not to mention breakout star Frankie Montas, who won’t be eligible for postseason play after a PED suspension. And while the staff hasn’t plummeted to the bottom of the league—Mike Fiers, Brett Anderson, and Chris Bassitt have held their own—it’s hard to put much confidence in that group winning a playoff series, especially against the juggernauts of the American League.

Expect more to come from Oakland this trade season, especially on the pitching front. The front office, though garnering a reputation as frugal, can be aggressive when it senses a window for contention, and the club is in a good spot. Other veteran starters may still be in play, but it seems that with Bailey in the fold, the team’s focus will shift to the bullpen. The existing group has a solid track record between Liam Hendriks, Blake Treinen, and Lou Trivino, though consistency has been lacking in that department this season.

As for Kansas City, it seems unlikely that this is the last we’ll hear from Dayton Moore and the front office this July. The 32-61 Royals have been rumored to be open to trades involving just about anybody on the roster, with a few exceptions. Adalberto Mondesi and Hunter Dozier appear to be two cornerstones that the franchise is intent on keeping around, though a steep asking price for Whit Merrifield might make it difficult to pry him away from KC. Alex Gordon, meanwhile, may have redeemed some of his value with a renaissance season, but the veteran seems keen on playing out his career with the Royals, the franchise that drafted him.

That said, there are a number of Royals who could find themselves in different uniforms by the time the calendar turns to August, with Danny Duffy, Ian Kennedy, Jake Diekman, and Jorge Soler perhaps the most realistic trade candidates. Diekman has apparently already attracted some interest from the Nationals, and other contending clubs could be drawn to Kennedy’s resurgence as a high-leverage reliever. Of course, in the cases of Kennedy and Duffy, the Royals would likely have to eat considerable portions of their remaining contracts to facilitate a trade.

Kevin Merrell, who heads to Kansas City in this swap, was a 2017 draft selection of the Athletics in Competitive Balance Round A. Ranked by MLB.com as the Athletics’ 17th-best prospect, Merrell is touted for his speed on the bases, with questions surrounding his bat. In general, his profile keeps with the Royals’ trend of acquiring speedy athletes, and Merrell, 23, has the potential to grow into a multi-positional depth role with Kansas City. With a crop of impressive young position players and an influx of college pitchers from the 2018 draft, the team may find its way out of the rebuilding phase quicker than anticipated.

Royals Select Homer Bailey, Designate Chris Ellis

By Jeff Todd | April 3, 2019 at 9:38am CDT

The Royals have selected the contract of righty Homer Bailey, who’ll slide into the club’s rotation. To create roster space, righty Chris Ellis was designated for assignment.

Bailey, who’s a month from his 33rd birthday, will try to resurrect his career in Kansas City. He earned the chance after turning in 13 1/3 innings of 4.05 ERA ball in camp, with 7.4 K/9 and 2.0 BB/9. Once a quality rotation piece with the Reds, Bailey has struggled to a 6.25 ERA in just 231 2/3 innings over the past four seasons while dealing with significant arm issues.

As for Ellis, the 26-year-old just made his first MLB appearance after winning a spot out of camp as a Rule 5 pick. He’ll be offered back to the Cardinals if he isn’t claimed. Ellis has spent most of his time in the minors as a starter. Last year, he pitched to a 3.93 ERA with 8.4 K/9 and 2.5 BB/9 over 132 2/3 innings with the Cards’ top two affiliates.

On the face of things, this transaction isn’t a terribly significant one. Rule 5 picks are dropped with quite some frequency, after all, and veteran starters such as Bailey are often tapped for innings. But the Royals evidently found something to like in Ellis, with skipper Ned Yost saying that the club wanted to “give it a full look” because they liked his stuff. (Via Lynn Worthy of the Kansas City Star, on Twitter.) If that’s truly the case, it’s a bit odd that the organization couldn’t find room for Ellis on a roster that includes several low-upside veteran pitchers and a bizarre bench mix featuring two first basemen/designated hitters (Lucas Duda and Frank Schwindel, who supplement Ryan O’Hearn and Jorge Soler) and an outfielder who’s known almost exclusively as a pinch runner and defensive replacement (Terrance Gore).

AL Central Notes: Royals, Bailey, Twins, ChiSox

By Steve Adams | April 1, 2019 at 11:45am CDT

The Royals are still listing Wednesday’s starter as TBA, but the nod will likely go to former Reds right-hander Homer Bailey, Jeffrey Flanagan of MLB.com reports. Bailey threw in a minor league game late last week and built up to 6 1/3 innings, and he was already in the team’s clubhouse over the weekend. Flanagan further tweets that the Royals have at least discussed the possibility of pursuing recently released Marlins right-hander Dan Straily or recently designated Reds lefty Brandon Finnegan (a former Royals first-round pick), but neither move is likely to come to fruition. The organization, it would seem, is committed to giving Bailey a look with its lone open 40-man roster spot. It’s hard to imagine that a team in the Royals’ position couldn’t clear some additional 40-man room should they see fit, so perhaps the organization simply isn’t that interested in either Straily or Finnegan.

Royals Shift Ian Kennedy To Bullpen

By Jeff Todd | March 20, 2019 at 8:33am CDT

The Royals announced yesterday that they will utilize veteran right-hander Ian Kennedy as a reliever this year, as Lynn Worthy of the Kansas City Star was among those to report.

Kennedy, 34, says he’s up for the switch despite having made only a pair of prior relief appearances way back in 2008-09. In the intervening nine seasons, Kennedy has taken the ball to open 277 MLB contests.

Last year was the first season since 2009 in which Kennedy failed to make thirty starts. It also represented a confirmation of his struggles from the season prior. In total, over his past 273 2/3 innings, Kennedy has mustered only a 5.06 ERA with 7.8 K/9, 3.3 BB/9, and 1.8 HR/9.

Kennedy’s still throwing as hard as before and appears to be getting similar movement on his pitches, but the league has clearly figured him out. His swinging-strike rate has dwindled down to 8.2% and opposing hitters have made hard contact on about four in ten balls in play over the past two seasons.

Frankly, these developments aren’t altogether surprising for a hurler who hit the 2015-16 market as a highly durable but rarely dominant middle/back-of-the-rotation arm. Kennedy was an accomplished hurler and drew mid-3 ERA equivalency grades from xFIP and SIERA in the two seasons before he reached free agency. Still, he had long battled home run problems that led to inconsistent results despite generally excellent K/BB numbers.

Even in that very different market setting — several other pitchers secured very large deals that winter with less-than-dominant track records — Kennedy’s five-year, $70MM contract was surprising. As former MLBTR scribe Charlie Wilmoth put it, “the financial outlay of the deal looks rather generous even before considering the opt-out.” Entering the offseason, we had predicted four years and $52MM.

The Kansas City organization knew the risks, but understandably wanted maximize its chances of winning another World Series after capturing a crown in a magical 2015 season. Kennedy did manage nearly two hundred innings of 3.68 ERA ball in the first year of his deal, but the peripherals told a different story.

Now, the Royals are paying what’s left of the tab for doubling down on a historic contention window. Kennedy accounts for two hefty line items: $16.5MM salaries in 2019 and 2020.

Looking at the present roster, bumping Kennedy will somewhat ironically open the door for Homer Bailey to join the starting staff. The oft-injured hurler is still due $23MM this year along with a $5MM buyout on what was once a 2020 option. Bailey was cut loose by the Dodgers entering the final year of the big extension that he signed with the Reds and which was shipped to Los Angeles this winter. The K.C. org will owe him only the MLB minimum.

Bailey will get a shot at redemption in Kansas City. Kennedy, meanwhile, will try to carve out a second act as a reliever while remaining available as a depth option should a rotation need arise.

Royals Sign Homer Bailey To Minor League Deal

By Ty Bradley | February 9, 2019 at 9:35am CDT

Per Rustin Dodd of The Athletic, the Royals have signed longtime Red Homer Bailey to a minor-league deal with an invite to Spring Training.

Bailey, 33 in May, was part of the pre-holiday Reds-Dodgers swap that sent Matt Kemp, Yasiel Puig, and Alex Wood to Cincinnati. There as a salary placeholder only, meant to offset, with the $28MM remaining on his deal, the sizable chunk still owed to Kemp, Bailey was immediately released by Los Angeles upon official approval of the deal by the Commissioner’s office.

After the 2013 season, in which Bailey parlayed a 3.49 ERA/3.31 FIP/3.34 xFIP (4.1 fWAR) campaign into a 6-year, $105MM extension, the former first-rounder has done little to nothing since. A solid, albeit injury-shortened, 2014 campaign was followed by a string of elbow troubles, kicked off by a 2015 Tommy John and culminating with a surgery, two years later, to remove bone spurs in the area.

Bailey’s 2018 was marred by right knee inflammation and a dangerous penchant for surrendering the longball – in 106 1/3 IP, Bailey allowed a staggering 23 bombs for Cincinnati, posting a 6.09 ERA/5.55 FIP mark that was only a slight decline from the year prior. Though his average fastball velocity has remained mostly steady, at 93.8 MPH, its efficacy has waned considerably: by FanGraphs’ measure, the pitch has been among the league’s worst in the category over the last two seasons, with the righty’s swinging strike rate plummeting to below 9%. Bailey, who once relied on the four-seamer over 72% of the time at its peak, has never boasted much in the way of swing-and-miss secondary stuff.

The Royals, who appear primed to enter the 2019 campaign with the underwhelming Brad Keller/Jakob Junis duo at the top of the rotation, may yet have a place for Homer at the rotation’s back end. Lingering gopher-ball issues could certainly be assuaged in the cavernous Kauffman Stadium dimensions, so perhaps the rebuilding Royals are a perfect place for Bailey to attempt a career resurrection.

MLBTR Poll: Who Won The Dodgers/Reds Trade?

By TC Zencka | December 24, 2018 at 12:27pm CDT

The Los Angeles Dodgers and Cincinnati Reds recently agreed to a seven-player trade that shook up the National League and set the rumor mill afire. In case you missed it, the deal sent the quartet of Yasiel Puig, Matt Kemp, Alex Wood, and Kyle Farmer, plus $7MM cash to the Reds in exchange for Homer Bailey and two prospects: Josiah Gray and Jeter Downs, the Reds’ 13th and 8th ranked prospects, respectively, per Fangraphs. Reactions and analysis have landed on both sides of the ledger, though any subsequent transactions stemming from the payroll and roster changes on either side will give further cause for debate down the line.

The Reds have been vocal about upgrading no matter the cost this winter, especially for pitching, and while the additions were to presumably come via increased spending in free agency, here they explore a more creative means of adding talent. Having seen enough of Homer Bailey over the years, President of Baseball Ops Dick Williams put the $28MM owed Bailey to good use in acquiring three proven major league contributors. Under different circumstances, Williams might be praised for not handcuffing the team with future payroll obligations, but given that this deal feels in part driven by Cincinnati’s inability to attract major free agents, the one-year contracts of Puig, Kemp and Wood only highlights the lack of guaranteed long-term value in the return.

The primary critique here for the Reds is that they surrendered twelve total years of control in Downs and Gray, who slot in as the Dodgers’ new #7 and #16 ranked prospects, per MLB.com. The complete absence of guaranteed future value puts a lot of pressure on the team to capitalize in 2019, a real challenge coming off a 95-loss season. Should Puig, Kemp and Wood walk at the end of the year, they will have surrendered legitimate future talent for a trio that’s not likely to pull them from the depths of the NL Central. Even if the Reds do surprise this season and leapfrog the Pirates, Cardinals, Cubs and Brewers, they still could lose this trio to free agency and be worse off for the future than they were before their acquisition.

On the other hand, attendance has waned at Great American Ballpark. Puig’s power and personality both ought to play well there and give fans something to root for. Further, if for instance, they’ve been unable to get much traction on this year’s crop of lefty free agent starters, then having a one year head start with Wood might be the best way to sign him long-term in Cincinnati. Prospects are high-risk assets, and it could be the Reds don’t believe the future value of Downs and Gray is all that high. Or, they might be banking on getting better prospect value in return at the trade deadline should the Reds fall out of contention early. There’s a lot of speculation above, but the fact is the Reds front office found a way to turn Homey Bailey into two exciting, productive players/trade chips (plus Matt Kemp).

For the Dodgers, they jettisoned 6 fWAR from their 2018 pennant winning team for $28MM in dead money and a pair of prospects. If they don’t turn around and use the cost savings in free agency, that’s a lot of talent to send away just so their billionaire owners can avoid paying the luxury tax. For all Puig’s antics, he brought real fire to the club, and in his six seasons with the team, not only did he accumulate 16.8 fWAR, but they won the NL West in each of those six seasons. As for Wood, one could argue there’s a lot of uncertainty around the lefties remaining in the Dodger rotation: Clayton Kershaw and Hyun-Jin Ryu have not been fully healthy, Rich Hill, 38, is a full decade older than Wood and Julio Urias, 22, may be ready to step into the rotation, but after missing almost all of 2018, he’s far from a sure thing. Wood has his own injury history, but he is a proven asset when healthy, which he has been of late, and he carries a career 3.29 ERA (3.36 FIP, 3.49 xFIP, 3.66 SIERA). As the adage goes, you can never have enough pitching.

On the other hand, the Dodgers added two pretty decent prospects and slipped below the tax line (for now) while dealing from areas of depth. The outfield was log-jammed anyway with Kemp and Puig. Without them, there should be enough at bats to go around for Chris Taylor, Joc Pederson, Enrique Hernandez, Andrew Toles and Cody Bellinger. Plus, top prospect Alex Verdugo, still only 22, may finally have the opportunity to shine at the big league level. As for the rotation, add Walker Buehler and Kenta Maeda to the names above and the Dodgers have enough top-of-the-line starting pitching to enter 2019 even if they decide to pocket the savings from this deal. Kemp and Puig were fun, but they were volatile on-field assets who were going to siphon at bats from the younger, higher upside outfielders (namely, Bellinger and Verdugo) already on the roster.

The elephant in the room, of course, is Bryce Harper. Heads were immediately sent spinning with the possibility of this move being a precursor to the Dodgers signing Harper in free agency, and what’s worse – that makes a lot of sense. They cleared payroll space and positional opportunity, in doing so creating the market/payroll/need fit that previously didn’t seem to exist for Harper. The White Sox and Phillies are ready to spend, but they likely can’t compete with a fully armed Los Angeles payroll. The Cubs are said to be watching, the Nationals haven’t given up on him in theory, and nobody believes the Yankees when they say they aren’t interested, which is, in-and-of-itself, a testament to how classic a suitor they really are.

This blockbuster has the makings of a touchstone moment that will, in part, define this winter’s dealings, but it’s time to see where MLBTR readers land on judging the returns. Does the flexibility this deal affords the Dodgers make them the winners? Or did the Reds take advantage of the Dodgers desire to shed some payroll and walk away with the better return? Let us know your Dodgers grade, your Reds grade, and who you think “won the deal” in this poll.

Reaction & Analysis: The Dodgers/Reds Trade

By Mark Polishuk | December 23, 2018 at 8:04pm CDT

The Dodgers and Reds joined forces on a fascinating seven-player swap on Friday that saw Matt Kemp, Yasiel Puig, Alex Wood, Kyle Farmer, and $7MM in cash considerations go to Cincinnati for Homer Bailey and prospects Jeter Downs and Josiah Gray. With so many financial and on-field components to this trade, it isn’t any surprise that has been a lot of analysis surrounding what this means for both the Reds and Dodgers both in terms of the pieces involved in this specific deal, and in future moves both this winter and beyond. Here are some of the many takes on this noteworthy trade…

Immediately after news of the trade broke, the buzz was that the Dodgers’ latest round of “baseball money-laundering” (as one executive described it to ESPN’s Buster Olney) was a step towards a push for Bryce Harper. It remains to be seen if the Dodgers would really be willing to offer the decade-long, record-breaking contract that agent Scott Boras is demanding for his client, as such a move isn’t characteristic of Dodgers president of baseball operations Andrew Friedman. A shorter-term deal with a record-setting average annual salary likely wouldn’t appeal to Boras, Olney notes, but Harper himself could be open to such a deal if he is truly as eager to join the Dodgers as some reports have claimed.
The Dodgers also could have been paring their payroll not for Harper, but for targets in the 2019-20 offseason, MLB.com’s Mark Feinsand writes. With Rich Hill, Hyun-Jin Ryu, David Freese, and Bailey’s salary all coming off the books, Los Angeles will have $64MM to spend on free agents and trade targets next winter. Now that the team has finally gotten under the luxury tax threshold, the Dodgers might want to minimize their penalty by only taking a one-year hit next offseason rather than again surpass the threshold this winter (i.e. to sign Harper) and thus position themselves for a heftier repeater tax in a year’s time.
ESPN.com’s Keith Law (subscription required) didn’t love the trade from the Reds’ perspective, writing that Cincinnati “got a little bit better, but perhaps not as much as they need to” in order to really contend for the postseason. Puig and Wood represent upgrades on paper, though both players come with their share of question marks, and Law argues that the Reds would benefit using Kemp solely as a backup while Jesse Winker gets everyday action in left left. Law provides some scouting info on Downs and Gray, and notes that the Reds got a lot of trade calls about Gray this offseason.
In contrast to Law, The Athletic’s Mo Egger (subscription required) calls the trade “a no-brainer” move for the Reds, arguing that the team benefits simply by gaining some productive MLB regulars for Bailey, who hasn’t been an effective pitcher for years due to injuries. While this trade alone won’t make the Reds into contenders, Egger feels more is yet to come this offseason, as Cincinnati still hasn’t made any big free agent signings or begun spending its promised extra payroll dollars.

Reds Acquire Kemp, Puig & Wood From Dodgers For Homer Bailey, Prospects

By Jeff Todd | December 21, 2018 at 3:27pm CDT

The Dodgers and Reds have announced a long-rumored blockbuster that will shift around a variety of notable players. Veterans Matt Kemp, Yasiel Puig, and Alex Wood are all heading to Cincinnati, along with catcher/infielder Kyle Farmer and $7MM. Meanwhile, righty Homer Bailey is going to Los Angeles, accompanied by young righty Josiah Gray and infielder Jeter Downs.

Financial factors obviously weigh heavily here. Kemp is earning $21.5MM in the final year of his contract, while Bailey is earning $23MM — in addition to a $5MM buyout on his 2020 mutual option. Bailey, though, only represents a $17.5MM hit for luxury tax purposes, while Kemp is a $20MM CBT piece. The Dodgers’ cash and luxury tax savings are boosted yet further by moving Puig and Wood, though certainly both of those players are positive-value assets, even as they enter their final seasons of arbitration eligibility. MLBTR and contributor Matt Swartz project that Puig will earn $11.3MM while Wood will end up with a $9.0MM salary. Net it all out, and it seems that the Dodgers will take on $28MM in new obligations, plus the $7MM they’re covering of the old ones, while sending approximately $42MM to the Reds, who’ll end up taking on only ~$7MM in total new salary in the deal. In terms of the luxury tax, L.A. will trim its tabulation by around $16MM (as above, depending upon the final salaries for Wood and Puig), though obviously the actual tax savings will only be a percentage of that amount.*

Clearly, the Dodgers were willing to move on from a trio of useful, albeit expensive players in order to free up roster space and payroll flexibility while also picking up some worthwhile prospect assets. This is hardly the first deal of this kind from a Dodgers front office that is always working angles and contemplating large trade packages. Indeed, both Wood and Kemp came to the organization in other complex arrangements, the former as part of a 3-team, 13-player 2015 blockbuster and the latter in last winter’s tax-avoidance contract swap.

It’s hard not to look at this swap and think about what might be next for the Dodgers, who have now bumped two key corner outfield pieces from their ’19 plans. Clearly, the move opens the door to a potential run at Bryce Harper, though it hardly makes that anything approaching a certainty. Among other considerations, today’s move drops two of the club’s right-handed-hitting outfield pieces, moving lefties Alex Verdugo and Andrew Toles up the depth chart — for the time being, at least. Possibilities abound for the Dodgers, who’ll surely target both high-end assets and talented players who can function in more flexible roles as their winter continues to unfold.

On the Cincy side, the club certainly now has a better 2019 roster, though it’ll cost some near-term cash and (more importantly) some future value. Wood will slot into the rotation alongside the recently acquired Tanner Roark, who’s also a one-and-done asset. Puig and Kemp will presumably both enter the outfield mix along with left-handed hitters Scott Schebler and Jesse Winker.

Certainly, both Puig and Kemp will boost the Reds’ position-player unit. The former is a quality defender who has produced at about twenty percent above the league average rate at the plate over the past two years. In 444 plate appearances last year, he turned in a .267/.327/.494 slash with 23 long balls and 15 steals. Kemp cooled off after a momentous rebound to begin his second stint in Los Angeles, but still turned in 506 plate appearances of .290/.338/.481 hitting with 21 dingers over the course of the season. Kemp is likelier than Puig to function in more of a platoon role; in addition to his poorly regarded glovework, he’s about six years Puig’s senior at 34 years of age.

While Puig and Kemp are the best-known names in this deal, though, it’s certainly arguable that Wood was the key pick-up from the Reds’ perspective. The southpaw, who’ll soon turn 28, has steadily produced high-quality results ever since breaking into the bigs in 2013. Last year, he worked to a 3.68 ERA with 8.0 K/9 and 2.4 BB/9 over 151 2/3 innings.

There’s good reason to think the Reds will get quality output from Wood. In over eight hundred total MLB frames, he carries a 3.29 ERA with a 3.36 FIP, 3.49 xFIP, and 3.66 SIERA. Though Wood has long been dogged by questions about his long-term health, given his decidedly unorthodox motion, he has topped 150 frames in four of the past five campaigns.

Farmer, meanwhile, hasn’t done much in limited MLB opportunities. But he has hit well in the upper minors in recent campaigns and will at least function as a cheap catching depth asset for the Reds.

All told, it’s plenty of bang for the seven million bucks the Reds are taking on here. It’s hard to imagine the team could have done more with that amount of cash. Of course, the return is mostly tied up in single-season assets, and picking up those near-term pieces will mean the sacrifice of some potential long-term value.

Downs was generally considered one of the ten best prospects on the Cincinnati farm, after all, with Gray not far behind him. Both players are top recent draft picks — Downs went 32nd overall in 2017; Gray was plucked in the second round in the 2018 draft — who have shown quite well in their first professional opportunities. Downs turned in a .257/.351/.402 slash with 13 home runs and 37 steals over 524 plate appearances last year at the Class A level, while Gray threw 52 1/3 innings of 2.58 ERA ball, with 10.1 K/9 against 2.9 BB/9, in a dozen Rookie ball starts.

Bailey, meanwhile, is slated to function only as a vehicle for the rest of this deal. He’ll be cut loose by the Dodgers, president of baseball operations Andrew Friedman confirms. Indeed, that seems to have been the reason he elected to waive his full no-trade rights. Bailey, who signed a big extension before the 2014 season that just did not work out for the Reds, has struggled since returning from a long bout with arm injuries. Presumably, he’ll be looking for a chance to compete in camp for a job with another organization.

Jeff Passan of Yahoo Sports (Twitter links) first reported that the deal was nearing finalization and had the key pieces. Bob Nightengale of USA Today added the prospects on Twitter. C. Trent Rosecrans of The Athletic (on Twitter), Jon Heyman of Fancred (via Twitter), and Joel Sherman of the New York Post (via Twitter) covered the remaining details.

*An earlier version of this post mistakenly tabulated the salaries to suggest the Dodgers were receiving, rather than sending, $7MM to the Reds. We regret the mistake.

Photos courtesy of USA Today Sports Images.

« Previous Page

Load More Posts

Show all

Headlines

Homer Bailey

Navigation

MLBTR INFO

Connect