Odds & Ends: Helton, Gaudin, Hensley, Papelbon

Links for Monday…

  • Troy Renck of The Denver Post has the details of Todd Helton's new contract extension. He can void the deal if two of three general partners sell their controlling interest in the team, and it contains $13.1MM in deferred money at three percent interest.
  • The Yankees could look to move Chad Gaudin soon, according to Rosenthal (via Twitter). In another tweet, he mentions that Clay Hensley can opt out of his contract with the Marlins if he's not on the roster by April 1st.
  • Jim Bowden shows off his post-trade fist pump in his latest GM's Corner video for FOX Sports.  Bowden asked a slew of GMs about their processes for making deals; Frank Wren estimated that less than ten percent of discussions lead to trades.
  • In considering Jonathan Papelbon's future, WEEI's Alex Speier demonstrates just how risky large multiyear deals for relievers have been.
  • FoxSports.com's Ken Rosenthal says the Blue Jays "will not settle for fringe prospects in return" for relievers Scott Downs and Jason Frasor, and they could use them to continue the rebuilding effort.
  • Rosenthal adds that Gary Sheffield is talking to a NL club, though it's not clear which one. 
  • Meanwhile, Jon Paul Morosi of FoxSports.com notes that both Jamey Wright and Austin Kearns have out clauses in their contracts, but a club official said the provisions will not impact the makeup of the team. A source added that there are "no trades on the horizon" for Cleveland.

Rockies, Todd Helton Sign Extension

The Rockies and first baseman Todd Helton signed a two-year extension that covers the 2012-13 seasons.  Contract details: it's a two-year, $9.9MM extension paying $4.9MM in '12 and $5MM in '13.  Helton will defer $13.1MM beginning next season.

Tracy Ringolsby of FOX Sports first reported the extension and its terms and Troy Renck of the Denver Post reported that it had been signed. Renck writes that Helton will work for the Rockies once he's done playing, perhaps as a coach. The club wants to keep him in a Rockies uniform for life.

"We view him in the same way as a Cal Ripken, George Brett and Tony Gwynn. He's a Rockie, and a Hall of Famer we believe," said GM Dan O'Dowd.

As part of his mammoth nine-year, $141.5MM deal, Helton was set to earn $16.6MM this year, $19.1MM in '11, and presumably a $4.6MM buyout after that season.  The Rockies freed up $8.6MM on their 2011 payroll, as Helton will now earn $10.5MM during that season.  The move is reminiscent of the Reds' recent restructuring of Scott Rolen's contract.

Now, instead of concluding his Rockies contract at age 38, Helton will be 40.  Helton is on track to perhaps retire a Rockie once his contract is up.  Despite his back woes, he really only slipped in 2008. 

Rox Look To Strengthen Bullpen, Bench

Rockies manager Jim Tracy doesn't "want to be the organization that pops up every three years or so," according to Troy E. Renck of the Denver Post. Renck offers up a look at the needs the Rockies will need to address at this year's Winter Meetings in order to strengthen the club's chances to be perennial contenders:

  • General manager Dan O'Dowd will meet with Rafael Betancourt's representation today. We've heard that Betancourt may accept arbitration from the Rockies, but with the Red Sox and Phillies interested in his services, that may change. O'Dowd says he wants things to work out with Betancourt, but they've identified alternatives in the event that they don't.
  • Colorado would be interested in bringing LaTroy Hawkins back to Coors Field. Hawkins is coming off a strong year with the Astros in which he posted a 2.13 ERA through 63.1 innings, fanning 45 and walking 17. His FIP checked in at a much more pedestrian 3.97, however.
  • The Rockies have requested Justin Duchscherer's medical records and will meet with his agent today.
  • They've inquired on free agent Chad Tracy in an attempt to add a left-handed bat off the bench. Even without Tracy, however, they could still find a suitable backup to Todd Helton in their own clubhouse, as Brad Hawpe is open to spelling Helton from time to time.
  • O'Dowd will keep the team's struggles against left-handers in mind if teams inquire about names like Brad Hawpe and Jorge De La Rosa.
  • O'Dowd says he'll remain open to anything, but the difference between this year and last year is that he's not specifically looking to move some players.

Odds And Ends: Astros, Branyan, Helton, O’s

More links as Colby Rasmus and Pablo Sandoval turn 23…

Heyman On Braves, Tejada, Helton

Jon Heyman of SI.com says the Braves gave off the impression that Tom Glavine was merely a "famous, low-priced insurance policy" when they released him two days ago. He has more on the Braves and the rest of the majors; let's take a look:

  • John Smoltz told Heyman that he once turned down $53MM from the Yankees to sign with the Braves for $30MM.
  • The Braves are now unable to add payroll.  
  • That could make it tough for them to reacquire Mark DeRosa, who's on the block and would be a nice piece for Atlanta.
  • One executive said Justin Upton has "a lot of Ken Griffey Jr. in him." Check out Tim's Q&A with Upton to see how the former number one pick handles the hype.
  • Miguel Tejada's name has surfaced in trade talks, but most contenders see him as a third baseman and some don't like his bat anymore.
  • The Rockies are willing to discuss dealing "nearly every player" they have. Heyman says "they'd probably love to find someone" to take on Todd Helton's contract. He's owed about $50MM still, so I'd think the chances are slim.

Rosenthal On Rockies, Cain, Pirates

Another column from Ken Rosenthal at FOX Sports?  Sure, why not.

  • The Rockies, 12 games out in the NL West, "appear headed for a selloff."  Garrett Atkins isn't popular (although deep in today's chat, Joe Strauss of the St. Louis Post-Dispatch suggested there could be a match with the Cardinals), and Todd Helton is too pricey.  But Brad Hawpe, who has $12MM coming to him from now through 2010, could be an appealing trade chip.  Hawpe has a 2011 club option for $10MM, but he can void it if traded.  Rosenthal likes the Rays; the Braves would also be a nice fit for Hawpe in my opinion.
  • Rosenthal believes it would be hard for the Giants to find a young slugger who would be equal value for Matt Cain, who can be controlled cheaply through 2011.  We learned earlier this week that Cain is not being dangled.
  • The Pirates have no financial need to dump veteran contracts, an idea we've read in the past.  They're getting calls on Jack Wilson, but teams are reluctant to take on all the $5.8MM he still has coming.  They have the same problem for Adam LaRoche.  And Rosenthal says the Bucs are "philosophically opposed to the idea of a low-revenue team sending money to a high-revenue team to secure better prospects in a trade, the way the Indians did last season when they moved third baseman Casey Blake to the Dodgers."

Cafardo’s Latest: Manny, Dunn, Fielder

Nick Cafardo of the Boston Globe has lots of rumors in his latest article:

  • Apparently the Giants were willing to offer Manny Ramirez a four year deal in the form of a one year deal with three option years. No more details are known, except that the Giants remain interested in Manny.
  • Brad Ausmus has had ongoing talks with the Padres and Dodgers, according to Cafardo’s sources. The Red Sox aren’t interested.
  • The Angels, Giants and Mets are possible suitors for Xavier Nady.
  • Cafardo’s heard other clubs talking about the Red Sox and Rockies restarting the Todd Helton for Mike Lowell trade talk, but hasn’t heard anything similar from the Red Sox.
  • At least one of Cafardo’s sources thinks Prince Fielder would make a lot of sense in Boston. Clay Buchholz could be a starting point if these talks were to start.
  • Ben Sheets is becoming a bargain, so the Braves or Rangers could jump in and sign him affordably.
  • Cafardo calls Atlanta an "emerging" destination for Adam Dunn.

Rosenthal’s Latest: Burrell, Rockies

Ken Rosenthal over at FOX Sports has up a new Full Count video up:

  • The Phillies want Pat Burrell back, and they feel they have a better than 50-50 chance of re-signing him because Burrell has mutual interest. Rosenthal thinks Burrell should command somewhere between $14MM and $17MM per season.
  • Rosenthal discusses the Rockies’ offseason, throwing out the usual suspects (Matt Holliday, Garrett Atkins, and Todd Helton) as possible trade pieces. Rosenthal points out Helton’s salary makes him difficult, and also proposes a scenario in which the Rockies trade both Atkins and Holliday, sign Burrell to play left field, and move Ian Stewart to third base full-time.

Heyman’s Latest: Bowden, Helton, Maddux, K-Rod

Let’s take a look at the latest from SI.com’s Jon Heyman.

  • Despite the headline "Nats GM in trouble," Heyman says Jim Bowden has the support of his bosses.  They do not blame him for Aaron Crow and are not concerned with his possible connection to the scout skimming scandal.
  • Heyman suggests the Rockies could shop first baseman Todd Helton this winter if he demonstrates a healthy back in September.  Here’s the thing – if Helton was a free agent and you had to give him a three-year deal, what would you pay?  $5MM a year maybe?  Are the Rockies going to eat $40MM?  Helton might have to be swapped for another bad contract.
  • Heyman sees Ryan Dempster getting four years and $48MM, and Oliver Perez snagging $60MM over five.  Are they worth that?
  • People close to Greg Maddux are saying he wants to pitch next year.  Heyman also sees John Smoltz and Tom Glavine back in ’09.
  • "Some are expecting" the Reds to be big players in free agency this year.  The Reds figure to be in the market for catching and outfield help.  Manny Ramirez would be interesting.
  • Heyman wonders if the Mets will be players for Francisco Rodriguez this winter.

Odds and Ends: Jeter, Al Reyes, Schilling, Dunn

Let’s kick things off with a link roundup.

  • River Ave. Blues wonders about Derek Jeter‘s future with the Yankees.  The Yanks don’t have to deal with it until after the 2010 season.
  • Reliever Al Reyes is now a free agent.  The 38 year-old still has a bit left in the tank.
  • Baseball America’s Jim Callis lists the draft’s best coups.
  • Curt Schilling is leaning toward retirement.  If he does come back, here is a reminder of the 12 teams he was willing to play for last year aside from the Red Sox: Indians, Tigers, Angels, Mets, Phillies, Braves, Dodgers, Padres, D’Backs, Cubs, Cardinals, and Brewers.
  • Patrick Saunders of the Denver Post says the Rockies need to keep Todd Helton.
  • Ken Rosenthal says the Dodgers’ failure to block the D’Backs’ waiver claim on Adam Dunn was a mistake.
  • Sam Mellinger explains that Eric Hosmer was smart to hold out for $6MM.
Show all