Free Agent Stock Watch: Kevin Correia

Like the Padres, Kevin Correia started the season well but slumped down the stretch. There's no question that the 30-year-old's late-season struggles will limit his asking price this winter. Here's a closer look at the right-hander's free agent stock:

The Pros

  • Correia can strike hitters out (7.1 K/9 in 2010).
  • He stayed healthy all year.
  • Teams were showing interest in Correia not long ago; the Brewers and Rays asked about him last offseason
  • Despite the righty's 5.40 ERA, defense-independent pitching stats suggest he was unlucky. Nearly 15% of fly balls hit off of Correia left the yard, so homers inflated his ERA.
  • Correia has induced more grounders in the past two seasons (45% ground ball rate in '09, 49% ground ball rate in '10). This suggests he could pitch just as effectively in a considerably smaller park than Petco.
  • He's just a year removed from a season in which he posted a 3.91 ERA in 33 starts.

The Cons

  • He posted a 5.40 ERA last year, allowing more than a hit per inning. Lucky or not, those numbers are ugly.
  • Bud Black took note and removed the right-hander from the Padres' rotation in September. Correia had posted a 6.18 ERA between June and August. That's one long slump.
  • His walk rate jumped from 2.9 BB/9 to 4.0 BB/9 in 2010.

The Verdict 

It doesn't look great for Correia, though he shouldn't have trouble drawing interest. Teams like the Orioles and Brewers will be looking for back-of-the-rotation arms this offseason and Correia's ability to induce grounders would play well in homer-friendly places like Camden Yards and Miller Park. But other free agents (including former Brewer Dave Bush and former Oriole Kevin Millwood) will be vying for rotation spots and Correia doesn't have much leverage given his poor finish. A one-year deal worth $2MM or so seems like a reasonable target for the San Diego native, who may well end up with the Padres again.

Odds & Ends: Wilson, Twins, Greinke, Dodgers

As the Giants take a 2-1 lead in the NLCS, let's look at some news from around the baseball world…

  • Though C.J. Wilson will get a big arbitration raise, ESPN's Jason A. Churchill thinks the Rangers are more likely to keep the southpaw rather than put him on the trade market.
  • The Twins need another top-flight starter, and Jim Souhan of the Minneapolis Star Tribune thinks the team should try to acquire Zack Greinke.  His proposed offer of Delmon Young, Kevin Slowey and a prospect won't be enough to get it done, especially since Kansas City would be sending Greinke to a division rival.
  • Dodgers GM Ned Colletti says the club's payroll will increase in 2011, according to Dylan Hernandez of the L.A. Times.  (Twitter link)
  • Detroit "will make [a] strong push" to sign Victor Martinez this winter, tweets The Denver Post's Troy Renck.  The Rockies, meanwhile, are a "longshot" to sign the free agent catcher.
  • Also from Renck (via Twitter), Troy Tulowitzki isn't likely to give the Rockies a discount on his next contract since the six-year, $31MM deal he signed before the 2008 season has already proven to be very team-friendly.  Tulowitzki is locked up through 2013 and the Rockies have a team option (for $15MM) on him for 2014, so it'll be at least a couple of years before Colorado thinks about extending the star shortstop.
  • PGP of the DRaysBay.com blog looks at why Tampa Bay might think about trading Matt Garza and what he could fetch in a deal.
  • If Cliff Lee signs a six-year contract with the Yankees this winter, he could earn close to $200MM in salary and endorsement deals, estimates Forbes Magazine's Patrick Rishe.
  • Magic Johnson owning the Dodgers?  ESPN.com's J.A. Adande wants to see it happen.
  • Padres assistant GM Fred Uhlman Jr. will remain with the club, tweets MLB.com's Corey Brock.  There were rumors that Uhlman could head to Arizona to work with former Padres general manager Kevin Towers.
  • The Cardinals need to patch up the "rift" that has developed in the front office in recent years, writes Jeff Gordon of the St. Louis Post-Dispatch.  Gordon also looks at the Cardinals' minor league system and the team's last several drafts. 
  • Fangraphs' Pat Andriola looks at which teams did and didn't benefit from "the old guy discount" last winter.

Arbitration Eligibles: San Diego Padres

The Padres are next in our arbitration eligibles series.

Denorfia, Mujica, Stauffer, Adams, and Bell are highly likely to be tendered contracts.  Adams and Bell should get noticeable raises, with the latter in line for a salary in the $7MM range.  Bell hopes for a three-year deal, though a trade can't be ruled out given the Padres' strong bullpen.  Ludwick disappointed after coming over in a deadline day trade, hitting .211/.301/.330 in 239 Padres PAs.  Still, it appears he'll be tendered a contract.

Gwynn and Hairston are non-tender candidates.  Gwynn hit .204/.304/.287 in 339 plate appearances, missing time due to wrist surgery.  Ludwick staying would increase the chances of Hairston going; last month 69% of you predicted a non-tender for Hairston.

Odds & Ends: Ross, Hale, Daniels, Mets, Coaches

Some links to check out as Cody Ross attempts to follow up yesterday's two-home run performance and the Phillies look to even the score…

Odds & Ends: Lee, Astros, Hermida, Rockies

As Cliff Lee prepares to face the Yankees in the ALCS, he's trying not to think about his impending free agency, according to T.R. Sullivan and Bill Ladson. Still, Lee hinted to the MLB.com writers that winning the World Series with the Rangers this year would make it that much harder to leave Texas. Here are a few other links from around the league, as we count down the final 24 hours until the ALCS gets underway….

Heath Bell Hopes For Three-Year Deal

Heath Bell’s good at what he does and he’d like some job security. The Padres closer, who received MLB's Delivery Man of the Year award this week, told Dan Hayes of the North County Times that he’d like a multi-year deal from the Padres this offseason.

"Three years is perfect," Bell said. "I don't expect more because I'm an older guy."

Bell, who earned $4MM this year, hits free agency after next season. The subject of near-constant trade rumors, Bell says he’s “optimistic” that Padres GM Jed Hoyer will hold onto him. The Padres can keep Bell for 2011 even if they don't offer him an extension.

If the Padres decide to part with the big 33-year-old, they’d likely find a number of suitors. Bell posted a 1.93 ERA with 47 saves last year and made the All-Star team for the second consecutive season. Armed with a mid-90s fastball and a curve, Bell posted 11.1 K/9 and 3.6 BB/9 last year, anchoring the Padres’ strong ‘pen.

Odds & Ends: Loux, Burrell, Dodgers, Trout

On this date six years ago, the Rangers lost Colby Lewis when the Tigers claimed him on waivers. Texas signed Lewis last offseason and the right-hander will take the hill tomorrow as he and the Rangers try to put away the Rays. Here are today's links…

Baseball Blogs Weigh In: Halladay, Fielder, Mets

On this date two years ago, the Cubs exercised Rich Harden's $9MM option for 2009 after tests showed that his throwing shoulder was healthy. Harden made 26 starts with a 4.09 ERA, 10.9 K/9, and 4.2 BB/9 in 141 innings that year before joining the Rangers in the offseason. The 28-year-old battled through another injury plagued year in 2010, throwing just 92 innings with a 5.58 ERA, 7.3 K/9, and 6.3 BB/9 for Texas.

Harden might not be able to find a guaranteed Major League deal on the free agent market this winter, but I can guarantee that these links represent the best from around the blogosphere…

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Signing Gonzalez “Doesn’t Appear To Be Practical”

The Padres will likely explore an extension with their star first baseman this offseason, but the team’s CEO isn’t optimistic about reaching a long-term agreement with Adrian Gonzalez. Jeff Moorad told Tim Sullivan of the San Diego Union-Tribune that it may not make sense for the Padres to keep Gonzalez after 2011.

“While we’d still love to have Adrian here long-term, it doesn’t appear to be practical from a financial standpoint,” Moorad said. “So I’m certainly not counting on that. But we’ll engage and see if there’s a deal that can be made."

Gonzalez will earn $5.5MM next year in the final year of his contract, assuming the Padres exercise their option. That’s a safe assumption since Gonzalez hit 31 homers this year and posted a .298/.393/.511 line in 692 plate appearances.

“At this point, I expect him to be on our roster next season,” Moorad said. “I think [GM Jed Hoyer is] committed to sit down with [agent] John Boggs at some point and I’m sure we’ll get a feel about Adrian’s view of the future.”

Moorad said the team’s payroll will likely be in the $40-50MM range, so paying Gonzalez market value (likely over $15MM per season) seems unrealistic at this point.

Managerial Notes: Porter, Samuel, Padres

As Marlins executive Larry Beinfest recently pointed out, it's a good time to be a managerial candidate in the major leagues. Here are the latest updates on the many openings around the game:

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