Twelve Free Agents Receive Qualifying Offers
Today marked the deadline for players to receive one-year, $15.3MM qualifying offers, and after nine players receiving a QO in 2012 and 13 players receiving the offer last offseason, 12 players have been extended a qualifying offer by their teams in 2014. They are:
- Max Scherzer (Tigers)
- Victor Martinez (Tigers)
- David Robertson (Yankees)
- Melky Cabrera (Blue Jays)
- James Shields (Royals)
- Hanley Ramirez (Dodgers)
- Pablo Sandoval (Giants)
- Nelson Cruz (Orioles)
- Russell Martin (Pirates)
- Francisco Liriano (Pirates)
- Michael Cuddyer (Rockies)
- Ervin Santana (Braves)
Should these players reject the offer and sign with a new team, their former team will stand to receive a “sandwich” round draft pick as compensation. Those new teams, in turn, will have to forfeit their top unprotected draft pick. If a player rejects a QO but ultimately re-signs with the same team, no draft pick shuffling occurs.
There will be 11 protected picks in this year’s draft, as the picks of the teams with the 10 worst records are protected under the CBA, and Houston’s comp pick for failure to sign Brady Aiken is protected as well. The D’Backs, Astros, Rockies, Rangers, Twins, Red Sox, White Sox, Cubs, Phillies and Reds will all have their first-round selections protected. Those clubs will instead forfeit a second-round pick to sign a free agent with draft pick compensation attached. Teams can sign more than one free agent that has rejected a QO, as the Orioles did last winter in signing both Ubaldo Jimenez and Cruz. In that instance, Jimenez cost the team its first-round pick, while Cruz cost the club its second-round selection.
The players listed above will now have one week to decide whether or not to accept the QO and play on a one-year deal worth $15.3MM, or instead to or reject the offer in search of a larger guarantee on the open market.
The word “guarantee” is the key to that sentiment: while many will focus on whether or not the players can top that average annual value on the free agent market, more often than not, a player is concerned primarily with maximizing the amount of money he can earn over his prime seasons. Few players are ever sold on the idea of playing on a one-year deal when a multi-year guarantee can be had. Single-year contracts, on the free agent market, are often reserved for older players who don’t know how long they wish to continue playing (e.g. Hiroki Kuroda last winter), players coming off massive injuries (e.g. Corey Hart last winter) or players who have significantly underperformed in a contract year (e.g. Chris Young last offseason).
While upon first glance it might make sense to suggest a player with a spotty track record, such as Liriano, should accept the offer, there’s more downside for him in accepting than in rejecting. Even if Liriano is faced with a cold market, he’d likely be able to find a one-year contract at an AAV north of $10MM, if not a one-year offer commensurate with the total sum of the qualifying offer, as Santana did last offseason when signing a one-year, $14.1MM contract with the Braves. Whereas the downside in accepting is “settling” for a one-year deal a few ticks below the QO level, the upside in rejecting is finding perhaps a three-year deal that could more than double the guarantee he’d otherwise receive. This risk/benefit calculus generally points toward testing the market.
The one case for accepting in this year’s class, that I see, would be that of Cuddyer. Though a solid veteran bat coming off a strong pair of seasons in terms of his rate stats, Cuddyer has defensive limitations and injury questions that will also drag his stock down. He played in just 49 games in 2014 and will play next season at age 36. MLBTR’s Zach Links only pegged his free agent stock at $22MM over two years in his recent Free Agent Profile for Cuddyer. It does seem there’s a real chance that Cuddyer could come in significantly lower than $15.3MM on a one-year deal if he rejects, and the upside may not be much greater for him as a two-year deal may have been the realistic ceiling anyhow.
Reports on whether or not any player will accept the offer should be filtering in over the next week, but those looking for a quick resource to check the status of each can use MLBTR’s Free Agent Tracker (the provided link is already filtered to show only free agents that have received the QO, and their status will change from “Received” to “Rejected” or “Accepted” upon a decision being reached).
Central Notes: Brewers, Aviles, Scherzer
Scouting director Ray Montgomery has left the Diamondbacks to becomes special assistant to the general manager and vice president in charge of scouting for the Brewers, Nick Piecoro of the Arizona Republic writes. It’s a significant hire for the Brewers — Piecoro notes that Montgomery is widely considered to be very promising, and that he interviewed for the Padres’ open GM job months ago. Montgomery worked with the Brewers before the Diamondbacks hired him in 2010. Here are more notes from the Central divisions.
- The Indians exercised Mike Aviles‘ option in part because they would like top shortstop prospect Francisco Lindor to get more time at Triple-A Columbus, Terry Pluto of the Plain Dealer writes. Lindor earned a promotion to Columbus last season but only collected 180 regular season plate appearances there. With Lindor in the minors, Jose Ramirez will start at shortstop, with Aviles backing up Ramirez and second baseman Jason Kipnis. Pluto feels Aviles would have trade value if Lindor earned a promotion more quickly than the Indians anticipate.
- Tigers ace Max Scherzer could receive a seven-year, $175MM contract to top this offseason’s free agent market, writes Joel Sherman of the New York Post, projecting salaries for ten top free agents. Sherman notes that his guess on Scherzer might be low, but that Masahiro Tanaka‘s 2014 season with the Yankees demonstrates the kinds of uncertainties that often accompany big-money investments in pitchers.
Tigers Make Qualifying Offer To Scherzer, Martinez; Outright Kelly, Reed
The Tigers announced that they have extended one-year, $15.3MM qualifying offer to impending free agents Max Scherzer and Victor Martinez. Additionally, the team announced that utility man Don Kelly and right-hander Evan Reed have been outrighted off the 40-man roster. The Tigers also announced that they have selected the contract of outfielder Wynton Bernard, adding him to the 40-man roster.
That Scherzer and Martinez — two of the top 10 free agents in the Majors — received qualifying offers comes as little surprise. Each should be in high demand this offseason, and by extending the QO, the Tigers assure themselves of receiving a compensatory draft pick at the end of the first round for each player, should he sign elsewhere as a free agent.
The 34-year-old Kelly has been with the Tigers in a utility capacity since 2009 and has posted a .234/.297/.340 in 1157 plate appearances with Detroit in that time. Kelly has seen time at every position on the diamond, including catcher and pitcher, in his career, although his lone experience at shortstop came with the Pirates in 2007 — his only Major League stint that came in a uniform other than that of the Detroit Tigers.
Reed, 28, pitched to a 4.18 ERA with 7.2 K/9 and 3.3 BB/9 in 32 1/3 innings for the Tigers this season, and he posted similar numbers in 24 1/3 inning sample size a year prior. That Reed would clear waivers is a mild surprise, given his 96 mph average fastball velocity and fairly solid 3.78 FIP, 3.89 xFIP and 3.51 SIERA marks in addition to his 4.20 ERA. He can become a minor league free agent now by refusing his outright assignment.
Dombrowski On Tigers’ Offseason Plans
Tigers GM Dave Dombrowski addressed a number of points with the media yesterday, and Jason Beck of MLB.com provides a transcript of his comments. Here are the key takeaways:
- Dombrowski listed the team’s top three priorities. First among them is deciding on an approach in center, which he said could either mean finding a platoon partner for the right-handed hitting Rajai Davis or going with a new, full-time option. Second: improving the bullpen, with some new arms potentially coming from within. And finally, the team wants to add another left-handed bat in some capacity. The GM rejected the notion that the club’s contention window is closing, saying he has confidence in its veteran core.
- Explaining that he is more concerned about Alex Avila‘s concussion issues on a human level than in terms of planning, Dombrowski said that he is confident in the team’s situation behind the plate. He expects Avila to be able to man the position next year, but also likes prospect James McCann as a long-term piece.
- Dombrowski said that he does not know whether Torii Hunter will retire. If he elects to play, the club values his clubhouse presence immensely but has yet to make any decisions as to whether it would pursue him in free agency. Dombrowski also discussed prospect Steven Moya, who could be a long-term replacement for Hunter. “I don’t know if he’s going to be ready or not,” Dombrowski said of Moya. “You can hope and he may be ready, but I’m not really sure. His performance in the Arizona Fall League, then going to winter ball will be important for him.”
- Soon-to-be free agent starter Max Scherzer appears set to test the market, and Dombrowski did nothing to curb the idea that he could be headed for a new team. “Well, we had thorough conversations before the season, and I don’t know that it’s all dictated by us at this point,” said Dombrowski. “I think we made ourselves pretty well known at the time where we stood. … I think we probably made more of an effort to sign Max earlier in the year. So I don’t think your odds improve [from] what they were earlier. Why would they improve if we have one-on-one ability to speak with you, compared to having 29 other clubs speak with you? Only time will tell.”
- In terms of a possible replacement in the rotation, Dombrowski said the team has internal options and may not feel the need to add an arm via free agency. “I think we have some young pitchers we feel pretty comfortable with at this point,” said Dombrowski, “… but I feel comfortable staying internal with the four guys we would have at that point. But again, we haven’t made that decision.”
- The prognosis on shortstop Jose Iglesias is positive, says Dombrowski. Though he will allow manager Brad Ausmus a chance to evaluate him in the spring, the GM says that he expects Iglesias to take the everyday job “if he returns to the form of the past.” On the other hand, Dombrowski said the team needs to be prepared if Iglesias is not at full strength.
- Detroit’s closer situation will probably not undergo changes over the offseason, said Dombrowski. Joe Nathan will likely have the ninth inning job going into the year, but will need to “perform up to the capabilities required” to keep it. Elsewhere in the relief corps, young power reliever Bruce Rondon, who underwent Tommy John surgery, is expected to be ready for the year, says Dombrowski.
Tigers Notes: Price, Miller, V-Mart, Martin
In the wake of another postseason disappointment for the Tigers, “there’s the underlying question whether this could be the end of an era,” MLB.com’s Jason Beck writes. Several key members of the roster will hit free agency, including Max Scherzer, though the 2013 Cy Young Award winner said “I do hope I’m back. I love this clubhouse, love everybody in here, been to battle with these guys for five years. It would mean a lot to me.”
Here’s the latest from the Motor City…
- If Scherzer doesn’t return, the natural next step for the Tigers would be to pursue an extension with David Price, though the southpaw naturally wasn’t concerned with his contract in the wake of the painful ALDS sweep. “That’s out of my control. That’s the last thing that’s on my mind right now. I’m not worried about that,” Price told reporters, including Mlive.com’s Chris Iott. Price has one year of arbitration eligibility remaining before hitting the free agent market after the 2015 season.
- The Tigers’ failure to acquire Andrew Miller at the trade deadline may have been the turning point of their season, John Lowe of the Detroit Free Press writes. Miller could’ve been prevented the bullpen meltdowns that plagued the Tigers in the ALDS, but instead, he ended up stifling Detroit in two late-game appearances for the Orioles. The Tigers came very close to closing a deal Miller at the deadline but the Red Sox instead sent the lefty to Baltimore in exchange for top pitching prospect Eduardo Rodriguez.
- A rival official recently told ESPN’s Buster Olney (Insider subscription required) that he thinks the Tigers will do whatever it takes to re-sign Victor Martinez, as “considering the Tigers’ win-at-all-costs approach and Martinez’s importance in the Detroit lineup, he cannot see them being outbid.” Olney lists five other teams as possible fits for Martinez in free agency, and three are from the AL Central.
- Also from Olney’s piece, he lists the Tigers as a potential suitor for Russell Martin. The free agent catcher could be “a plan B” if the Tigers are concerned about Alex Avila‘s concussion history and want a change behind the plate.
AL Notes: Scherzer, Yankees, Red Sox
In the latest sign of the game’s financial health, Maury Brown writes for Forbes that local baseball broadcasts have generally dominated prime-time television viewership.
Here’s the latest out of the American League:
- Soon-to-be free agent Max Scherzer of the Tigers reportedly passed on the chance to ink a six-year, $144MM extension with the Tigers, and that decision could hurt him in spite of his strong performance, writes Joel Sherman of the New York Post. The current market features top-end trade options, plenty of mid-tier free agents, and a generally depressed offensive environment, Sherman notes.
- Though the Yankees have not been tied strongly to high-end starting pitching, Scherzer could remain a highly appealing option, opines Andy Martino of the New York Daily News. If New York decides to make a splashy acquisition, Martino says the odds are it will be Scherzer.
- The Red Sox will be looking for a new hitting coach, as incumbent Greg Colbrunn will not return, as the team announced today. The 45-year-old, who was in his second season on the job, missed a stretch of time over the summer after suffering a brain hemorrhage.
D’Backs Notes: Roster, Gardenhire, Payroll, Coaches
The Diamondbacks more or less kicked off their offseason last week when they announced the hiring of Dave Stewart as general manager and De Jon Watson as vice president of baseball operations. That duo, along with chief baseball officer Tony La Russa, will be tasked with righting the ship for a team that lost an MLB-worst 98 games in 2014. Both Nick Piecoro and Zach Buchanan of the Arizona Republic have authored highly informative columns about how things will shake out this offseason after talking with that group. Here are some highlights from the Republic’s scribes, but each piece is full of lengthier quotes and is well worth reading in its entirety…
- It’s tough to get a read on Stewart at this point, Piecoro writes, as the new GM expressed a desire to add a front-of-the-rotation arm but expressed hesitancy toward the free agent market and toward the trade market. Stewart appears to be more conservative than predecessor Kevin Towers on the trade front, according to Piecoro, and as for free agency, both Stewart and Watson doubted the team would have the resources to pursue Jon Lester, Max Scherzer or James Shields.
- A trade of minor league talent to acquire an established pitcher doesn’t seem likely either, Piecoro writes. He quotes Stewart: “We’re going to try to maintain our minor-league system. We’ve got to start putting players back in our system. So the trade market, we’ll look at it if it makes sense, but it’s not likely.”
- La Russa tells Piecoro that when it comes to a manager, the team is looking for a candidate that can “lead and inspire.” Previous managerial experience sounded important to La Russa, who stated, “…when you start managing the game, the more that you’ve pulled the trigger as a manager somewhere, there is an art to that.” Asked specifically about recently dismissed Twins manager Ron Gardenhire, La Russa said he is “sure” that Gardenhire’s name will come up during their search.
- La Russa also touched on payroll, though his answer when asked for a specific figure was nebulous; payroll could fall anywhere between $80-110MM, he stated, depending on whether or not there is value to be found, per Piecoro.
- Shifting to Buchanan’s piece, La Russa said that there may not be many changes to the team’s coaching staff beyond the firings of Kirk Gibson and Alan Trammell. La Russa offered particularly high praise for first base coach Dave McKay, pitching coach Mike Harkey and bullpen coach Mel Stottlemyre Jr. — the latter two of whom he feels handled Arizona’s slew of injuries well. Roving pitching instructor Dave Duncan, La Russa’s former pitching coach, will take on a bigger role in the organization but will not return to a coaching position.
- Buchanan spoke with Stewart on the team’s outfield situation. While Towers had expressed the desire to add an outfield bat, Stewart sounds much less inclined to do so. “I think that A.J. (Pollock) in center, (David) Peralta played well, (Mark) Trumbo will probably be in the outfield mix with (Paul) Goldschmidt being at first base and being healthy again,” the GM explained to Buchanan. “It’s a pretty solid outfield, in my opinion.” La Russa spoke on the outfield as well, adding praise for Ender Inciarte.
- The D’Backs have yet to address their desire to incorporate analytics into their front office, but Stewart again repeated that it is a priority for the team. “…We’ve got to go through the process of trying to get the right person in to take over that department for us,” he said.
Rosenthal On Scherzer, Braves, Melvin
Here’s the latest from Ken Rosenthal, via a video on FOX Sports:
- Gossip within baseball suggests that James Shields will likely go the Red Sox this offseason, with Jon Lester heading to the Cubs. That could leave a variety of teams competing for Max Scherzer, with agent Scott Boras “waiting it out,” as he often does to try to get teams to meet his price.
- If the Braves decide to part ways with Frank Wren this offseason, they could promote assistant GM John Coppolella to the GM position and have senior advisor John Hart serve as Coppolella’s mentor. Rosenthal also suggests the possibility that the Braves could bring back Royals GM Dayton Moore. (We noted earlier today that the Braves could make front office changes this offseason.)
- Fredi Gonzalez of the Braves and Ron Roenicke of the Brewers could be on the hot seat this offseason, but Bob Melvin of the Athletics likely will not be, Rosenthal says.
Olney On Qualifying Offer Candidates
In his latest Insider-only blog, ESPN’s Buster Olney runs down a list of pending free agents that are candidates to receive qualifying offers. Olney spoke with several executives from around the league and is of the mind that James Shields, Max Scherzer, Pablo Sandoval, Melky Cabrera, Russell Martin, Nelson Cruz, J.J. Hardy, Victor Martinez, Ervin Santana, David Robertson and Hanley Ramirez will receive qualifying offers, which should fall between $15MM and $15.5MM.
Here are a few more notes from Olney’s piece…
- The Giants intend to give Sandoval a QO with the assumption that he will reject the offer and test the open market. San Francisco appears willing to offer him just three years, says Olney, and even going to four years might be too much of a stretch. Such a commitment seems much too light to land Sandoval, who, at 28 years old, will be one of the youngest free agents on the market.
- It looks like the Dodgers and Ramirez could be moving in separate directions, as rival evaluators anticipate the team will extend a qualifying offer with the expectation that Ramirez signs elsewhere.
- The value of Martin on a one-year deal, even north of $15MM, makes a QO for the Pirates “an easy call,” one rival GM said to Olney. Some may wonder whether or not Francisco Liriano is a QO candidate, but executives polled by Olney feel that his injury history and lack of innings present too much risk for the Bucs to extend such an offer. I’m inclined to agree; while Martin is a lock to turn down the QO, Liriano would have more hesitancy, and a $15MM salary would represent nearly 21 percent of the Pirates’ Opening Day payroll from 2014.
- Some evaluators think that Cruz will again find himself with a more limited market than he expects due to his age, 2013 PED suspension and the fact that his OBP and defense are less impressive than his power totals.
- Many rival executives feel there’s simply no way that the Tigers will let Martinez get away. Olney’s right in noting that a QO is “an easy call” for V-Mart, who currently sports a hefty .333/.401/.567 with a career-high 31 homers.
- Olney also feels that a QO for Robertson is an easy call. While he notes that teams don’t pay $15MM for closers anymore, one evaluator said to him: “…with any other team, we wouldn’t be talking about this. But it’s the Yankees, and they can do it.” On a somewhat related note, Olney adds that Koji Uehara‘s late-season swoon may be a blessing of sorts for the Red Sox, who can now approach him with an offer much lower than a QO would have been. I noted in yesterday’s MLBTR chat that I’d be more hesitant to give Robertson a QO, but the Yankees could certainly afford to run the risk.
AL Notes: Angels, Tigers, Baker
The Angels, who have reportedly run into difficulties in their negotiations for a new deal to extend the team’s lease in Anaheim, are discussing potential alternative sites in two other California locations, according to Bill Shaikin of the Los Angeles Times: Tustin and, most recently, Irvine. A 2016 opt-out of the team’s current lease is looming in the near future.
- In his podcast today (audio link), ESPN.com’s Buster Olney touched on several topics relating to the Tigers. Club GM Dave Dombrowski, joining for an interview, said that he is still looking internally first for bullpen solutions, calling it “a little early for clubs to be making trades at this time.”
- Dombrowski also talked about Robbie Ray, the key piece acquired in the Doug Fister trade. He indicated that Detroit’s evaluators seemingly placed a higher value on Ray than did other teams around the league, saying that Ray “projects to be at least a number-three starter.” Though the club does not expect him to reach that level (let alone his potential ceiling) during his first call-up, Dombrowski said that Ray has thrown well enough at Triple-A to earn a chance to fill in at the big league level.
- Discussing the Tigers’ reported $144MM extension offer that Max Scherzer declined with fellow ESPN analyst Keith Law, Olney noted that many players and agents he has spoken with felt they would have taken the deal. But the calculating Scherzer — who, in Olney’s opinion, may be the “pitcher’s version of Joey Votto” in terms of his incorporation of statistical analysis into his game — apparently determined that he will hold a good enough hand to warrant the risk of waiting for free agency.
- Starter Scott Baker has not elected his opt-out clause with the Rangers, tweets Chris Cotillo of MLBDailyDish.com, after apparently not finding a major league opportunity elsewhere. If he finds such a chance, however, Baker will be able to opt out at that time, Cotillo adds.