Free Agent Faceoff: Grant Balfour vs. Joaquin Benoit

MLBTradeRumors is firing up this year's vesion of the Free Agent Faceoff series, in which two comparable free agents are analyzed side by side. Each post will conclude with a reader vote on the value of the two players.

The free agent market for relievers with closing experience isn't exactly stacked this year, nor is it a particularly youthful crop. However, if you're looking for a solid arm with ninth inning experience that's still plenty successful in spite of his age, Joaquin Benoit and Grant Balfour are two of the better guys to turn to.

Balfour, a native of Australia, has served as Oakland's closer for the past two seasons and was their setup man in 2011. He's thrived in both roles, posting a combined 2.57 ERA with 9.0 K/9, 3.3 BB/9 and a 37 percent ground-ball rate in 196 1/3 innings. His FIP (3.43) and xFIP (3.63) both suggest that his ERA could come up a good deal. He's averaged 93 mph on his heater in that time but is averaging an even more impressive 93.4 mph in 2013. Balfour has also shown an ability to suppress home runs throughout his career — just 7.9 percent of fly-balls against him have gone for homers. He will turn 36 years old in late December.

Benoit turned 36 in July and has similar stats to Balfour. He's posted a 2.89 ERA with 9.9 K/9, 2.8 BB/9 and a 38.9 percent ground-ball rate in 193 1/3 innings since 2011. He throws noticably harder — averaging 93.9 mph on his fastball and sitting at 94.1 mph in 2013 — and generates more swinging strikes than Balfour (14.9 percent compared to 9.1 percent). However, Benoit has proven more susceptible to the long ball, yielding more homers in 2012 alone than Balfour has in 2012-13 combined.  For his career, 9.9 percent of the fly-balls hit against Benoit have gone for homers. Like Balfour, Benoit has outperformed both FIP (3.39) and xFIP (3.27) over the past three seasons.

Both Balfour and Benoit will pitch most of next season at 36 (Benoit will turn 37 just prior to the trade deadline). Both average a strikeout per inning or better with solid command and a fly-ball profile, and both have done well when handed a closer's job late in their careers. It can be argued that Benoit's advantage in strikeouts and walks can be offset by Balfour's stingier ways with home runs, lower ERA and slight age advantage, begging the question…

Which closer would you prefer to sign?

  • Grant Balfour 69% (3,928)
  • Joaquin Benoit 31% (1,757)

Total votes: 5,685

Quick Hits: Moreno, Pujols, Tejada, Benoit

Angels owner Arte Moreno is already in the process of evaluating the 2013 season and how to get the team back on track in 2014, as he explained in an interview with Barry M. Bloom of MLB.com.  Moreno said that the jobs of manager Mike Scioscia and general manager Jerry Dipoto would be evaluated as part of an organization-wide review that includes himself — "I have to look in the mirror and say, 'Am I making the right call?'" Moreno said.  The owner also discussed roster moves that backfired, stadium talks with the city of Anaheim, how the Dodgers' success impacts the Angels and several other topics.

Here are more items as we wrap up a busy Monday in baseball…

  • Albert Pujols will be shut down for the rest of the season, the Angels confirmed today.  The slugger suffered a partial tear of the plantar facia of his left foot and hasn't played since July 26.  Pujols was bothered by foot injuries for much of the year and hit .258/.330/.437 with 17 homers in 443 PA, the worst season of his 13-year career.
  • Miguel Tejada was also facing a suspension for his involvement in the Biogenesis scandal before accepting his 105-game suspension for amphetamine use, ESPN's Pedro Gomez reports.  Major League Baseball gave Tejada the choice of accepting his 105-game ban or facing further punishment for his Biogenesis ties.  Gomez notes that Tejada "insists he does not plan to retire" though given Tejada's suspension, age (39) and decline in production, it's tough to see a team signing him this winter.  After not playing in the majors in 2012, Tejada hit .288/.317/.378 over 167 PA in a reserve role with the Royals this year.
  • Joaquin Benoit in a much better contractual position as he approaches free agency this winter than he was in the 2009-10 offseason.  MLB.com's Zack Meisel talks to Benoit about how he considered retirement due to shoulder injuries that caused him to miss the entire 2009 season, but rebounded to become one of the game's better relievers and now the Tigers closer.
  • Scott Boras and Jay Z have a fundamental disagreement about the role of an agent, Brian Costa of the Wall Street Journal explains.  "It is at once a clash of egos and ideas. At issue: To what extent are established agents like Boras missing out on marketing and endorsement opportunities for their clients? And to what extent should a baseball player even care?" Costa writes.  Robinson Cano, the top free agent of the coming offseason, made waves when he left Boras in April and hired CAA and Jay Z's Roc Nation Sports to handle his representation.

Quick Hits: MVP, V-Mart, Wang, Bullpens

A few stray items of note on this Thursday evening …

Quick Hits: Mortensen, Dodgers, Benoit

On this date 101 years ago Cy Young became the first pitcher in baseball history to win 500 games. We don’t pay too much attention to pitcher wins at MLBTR, but 500 of them sure are impressive. Here’s the latest from around the league…

  • Clayton Mortensen told Jim Armstrong of the Denver Post that his goal is simple: maintain a spot on the Major League roster for as long as possible. The right-hander has a 2.01 ERA through 22 1/3 innings in his first season with the Rockies.
  • An attorney for Dodgers owner Frank McCourt told Bill Shaikin of the LA Times that they aren't even thinking about selling the team (Twitter link).
  • The Joaquin Benoit deal won’t be a total waste of money, but will be a bad contract, according to Jamie Samuelsen at the Detroit Free Press. Benoit signed a three-year, $16.5M deal with the Tigers over the winter and has since posted a 7.98 ERA with 6.8 K/9 and 2.5 BB/9 in 14 2/3 innings. 
  • Yankees GM Brian Cashman and Mets GM Sandy Alderson talk to Newsday’s Ken Davidoff about the challenge of balancing a team’s needs with personal relationships with players.

Checking In On Former Rays Relievers

Six prominent Rays relievers hit free agency and signed elsewhere for a total of $67.65MM last offseason (for reference, the Rays’ payroll has surpassed that figure exactly once since 2000). We know how the Rays' new 'pen is working out (pretty well, so far) but let’s check in on last year’s relievers:

  • Rafael Soriano – three years/$35MM, Yankees – After allowing 12 earned runs and 14 walks in 62 1/3 innings last year, Soriano has allowed 9 earned runs and 9 walks in 14 innings this year. His ERA is approaching 6.00, his strikeout rate is down and his walk rate is up. What's more, he underwent an MRI on his right elbow this week. It doesn't appear that he'll need DL time, as there's only mild inflammation. Still, Brian Cashman must be shaking his head over this one.
  • Joaquin Benoit – three years/$16.5MM, Tigers – Benoit has already allowed more earned runs (10) in 2011 than he did all of last year (9). After allowing just 30 hits in 60-plus innings last year, he has allowed 17 hits in 13 2/3 frames for his new club. The spike in hit rate is no doubt related to the fact that opponents had an improbably low average on balls in play against Benoit last year (.192) that has since risen to an unusually high level (.356). His strikeout (7.2 K/9) and walk (2.6 BB/9) numbers have fallen off, though they're still strong. 
  • Grant Balfour - two years/$8.1MM, Athletics – Balfour's walks are up, but he is still striking out over a batter per inning and his ERA is under 2.00.
  • Dan Wheeler – one year/$3MM, Red Sox – Wheeler, currently on the DL, has an 11.32 ERA for the Red Sox despite an 8K/1BB ratio through 11 appearances. Wheeler appears to be unlucky in terms of opponents' batting average on balls in play (.389) and home run per fly ball rate (21%).
  • Chad Qualls - one year/$2.55MM, Padres – Qualls has replaced Ryan Webb in the Padres' 'pen and has already pitched 20 2/3 innings. The results are good so far despite a drop in Ks, as Qualls has limited baserunners and been considerably more fortunate than he was in 2010.
  • Randy Choate – two years/$2.5MM, Marlins – Choate has been excellent so far; the lefty specialist has an 11K/2BB ratio and a 1.50 ERA in his first 14 appearances as a Marlin.

The early results are disappointing, as Wheeler and Soriano are dealing with injuries and Benoit hasn’t come close to replicating his 2010 performance. The results will likely improve for Wheeler and Benoit, who have been unlucky so far. But this group probably won’t reproduce the 2010 performances that helped the Rays win the AL East. Reliever performance is simply volatile, even for pitchers who appear to be safe investments.

Quick Hits: Pelfrey, Pujols, Livan, Benoit, Astros

The Twins signed Joe Crede two years ago today in the hopes that he could replicate or improve upon the numbers he posted in 2008, when he made the All-Star team. Crede battled injuries and clubbed 15 homers in 90 games for Minnesota that year, but he hasn't played in the majors since. Crede remains a free agent after deciding not to report to Rockies camp. Here are today's links…

  • In a piece for ESPN.com, MLBTR's own Howard Megdal points out that Mets starter Mike Pelfrey has been far more consistent than anyone gives him credit for.
  • MLBPA leader Michael Weiner said the union would be open to a player owning a share of a team, according to Derrick Goold of the St. Louis Post-Dispatch (on Twitter). The possibility came up when the Cardinals discussed an extension with Albert Pujols.
  • Weiner says he expects to make progress on the upcoming Collective Bargaining Agreement during Spring Training, according to Tim Reynolds of the AP (via the Miami Herald). Baseball's current agreement expires this offseason. 
  • Thomas Boswell of the Washington Post explains how Livan Hernandez and Nationals GM Mike Rizzo negotiated the right-hander's current contract.
  • Tigers reliever Joaquin Benoit told Dick Scanlon of the Detroit Free Press that he signed early because the Tigers made him a strong offer ($16.5MM) and he couldn't justify waiting around. "I didn't want to make a mistake of being too greedy and trying to wait and wait, get myself in a hole and wait to the last minute," Benoit said.
  • Astros GM Ed Wade told Stephen Goff of the Houston Astros Examiner that he expects better things from Carlos Lee in 2011 and that last year was an "aberration" for the outfielder.

Odds & Ends: Tigers, Orioles, Manny, Astros, Uribe

Happy birthday to two former All-Star catchers!  Future Hall-of-Famer Ivan Rodriguez turns 39 today, while Angels manager Mike Scioscia turns 52.

Some news items…

Dombrowski: Tigers Had To Be Aggressive

The Tigers spent $16.5MM on Joaquin Benoit because they considered him one of the best available relievers. And because a couple other clubs also made three-year offers, anything less would have fallen short. Detroit GM Dave Dombrowski says the Tigers did not like the idea of losing Benoit to one of his other suitors.

"When you want to get the best players at certain positions, you have to be aggressive and prepared to do things," Dombrowski said on a conference call this morning.

The Tigers will use Benoit as a setup man to closer Jose Valverde in 2011. They have considered adding another left-handed reliever to a bullpen that could include southpaws Daniel Schlereth and Brad Thomas, but Dombrowski says it's not a priority because Valverde and Benoit are effective against hitters from both sides of the plate.

The Tigers are not expecting Benoit to post a 1.34 ERA again, but they believe he'll be a top setup man as long as he's healthy. The 33-year-old passed his physical and says his 2010 production shows he's just fine.

"For me last year it was just to see how my arm was going to respond," Benoit said. "Obviously it came back really good."

Dombrowski says the Tigers have been signing players aggressively since they had a number of free agents and were prepared to make offers right away. But they're not done yet.

"We're still in a position where we think we can make a move and solidify the middle of our lineup with someone," Dombrowski said.

Tigers Sign Joaquin Benoit

Talk about rebuilding value.  The Tigers officially signed righty reliever Joaquin Benoit to a three-year, $16.5MM deal today, tweets Ken Rosenthal of FOX Sports.  He can earn another $1MM per year in incentives.  It's the biggest contract for a non-closer reliever since Scott Linebrink's four-year, $19MM pact with the White Sox three years ago.  Benoit's last contract had been of the minor league variety with the Rays, but now he'll be paid $5.5MM annually.  The contract is another big score for the Levinson brothers at ACES, who also did the deals for John Buck, Brandon Inge, and Jhonny Peralta

Benoit was one of baseball's best bargains in 2010, as he posted a 1.34 ERA, 11.2 K/9, 1.6 BB/9, 0.9 HR/9, and 38.9% groundball rate in 60 1/3 innings.  Benoit was available cheaply because he was coming off rotator cuff surgery performed in January of 2009.  The Rays will receive a supplemental draft pick for their loss. 

This time around, the Tigers had to pay full sticker price with a commitment reminiscent of the Astros' three-year, $15MM deal with Brandon Lyon a year ago.  Benoit will set up for Jose Valverde in 2011, and could close in the following seasons.  The Tigers' biggest offseason deals are yet to come, as they're expected to add a big bat or two.  Tip of the hat to MLBTR's Mark Polishuk, who correctly predicted the Tigers would sign Benoit. 

Benoit is off the board, but right-handed relief remains a strong suit of this year's free agent class.

Jon Paul Morosi of FOX Sports was first to report the near-agreement, while ESPN's Enrique Rojas added details.

Odds & Ends: Jones, Mets, Yankees, Guerrero, Greinke

A few more links for Wednesday night…

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