Giants Acquire Evan Longoria
10:04pm: The Associated Press reports that the Rays will pay $14.5MM to the Giants and are responsible to the $13MM that is yet owed to Span. Specifically, the Rays will pay $2MM to the Giants by the end of 2017 to cover Longoria’s $2MM trade bonus, and they’ll also pay another $3MM by Oct. 31, 2022. The remaining $9.5MM, per the AP report, will be deferred in payments from 2025-29.
In essence, then, the Giants are adding $60.5MM to their long-term ledger in order to acquire the final five years of Longoria’s contract. Moreover, it doesn’t appear that San Francisco will take much of a hit at all in terms of the luxury tax. So, when paired with the shedding of Matt Moore’s contract, the move should afford the team ample opportunity to add at least one outfielder on a multi-year deal while remaining comfortably south of the $197MM luxury tax threshold.
7:30pm: Marc Topkin of the Tampa Bay Times reports (via Twitter) that the Rays will send between $10MM and $15MM to the Giants to cover a portion of Longoria’s remaining $86MM as well as a $2MM trade bonus.
11:51am: The Rays and Giants have agreed to a deal that will send Evan Longoria to San Francisco. Young infielder Christian Arroyo headlines the return, with veteran outfielder Denard Span going along with him to offset some of Longoria’s salary. Young pitchers Stephen Woods and Matt Krook are also bound for the Tampa Bay organization.
In addition to taking on Span’s contract, Tampa Bay will ship an as-yet-unknown amount of money to the Giants. The 32-year-old Longoria is owed another $86MM between now and 2022, including a $5MM buyout on a $13MM option for the 2023 campaign. He will also receive a $2MM assignment bonus.
Just how much of that will end up on the Giants’ books remains to be learned. The precise cash exchange has yet to be reported. Plus, there’s a bit of uncertainty surrounding Span’s future obligations. He is owed $9MM for 2018, along with a $4MM buyout of a $12MM mutual option for the ensuing season. Those obligations seem destined for San Francisco, but it’s not yet clear what’ll happen with the remaining $3MM signing bonus payment owed to Span in one month.
For both organizations, there’s quite a bit of risk in a transaction involving Longoria. The Giants are taking on a high-priced player who struggled to a career-low .261/.313/.424 batting line in 2017 — adding to a collection of costly, aging veterans. But the Rays are parting with the long-time face of the franchise.
If Longo can bounce back, the rewards could be significant. His days of top-level offensive production are likely in the past, but Longoria was a .273/.318/.521 hitter as recently as 2016, when he also swatted 36 home runs. Of course, that followed two less-than-excellent campaigns, so the overall trajectory of late has framed Longoria more as a solidly above-average hitter than an excellent one.
That said, it’s important to bear in mind that Longoria has also long delivered value with his glove. Though Defensive Runs Saved had observed a downturn of late, it credited him with a substantial bounceback (+11 runs) in 2017. Despite the tepid offensive output, then, Longoria contributed 3.6 rWAR and 2.5 fWAR in 2017.
In return for Longoria, the Rays will get not only salary relief but also some young talent. Arroyo is the chief piece here. He had a messy MLB debut and missed time due to injury in 2017, but is only 22 years of age and destroyed Triple-A pitching in a limited sample in the just-completed campaign. In the best-case scenario for the Rays, Arroyo may be able to compete for a job out of camp.
Span’s inclusion is mostly about cost. Still, he remains a useful player even as he closes in on his 34th birthday. In 2017, Span slashed .272/.329/.427 with a dozen home runs over 542 plate appearances. Though he’s no longer really capable of regular time in center and has battled through core and hip injuries in recent years, Span ought to be capable of at least average work in a corner spot and has long been a productive baserunner.
Padding the return here for the Rays are a pair of interesting young arms. As Eric Longenhagen of Fangraphs tweets, both have quality stuff that still remains to be harnessed. The 22-year-old Woods just threw 110 innings of 2.95 ERA ball at the Class A level, with 9.2 K/9 against 5.2 BB/9. The righty is considered a relief prospect, as is the left-handed Krook, who will play the coming season at 23 years of age. Krook was unsigned as a first-round pick in 2013 and landed with the Giants as a fourth-rounder in 2016. Over his 91 1/3 frames at High-A in the just-competed season, Krook worked to a 5.12 ERA with 10.3 K/9 and 6.5 BB/9.
For the Rays, this move may be a precursor to further action. The club has been in talks on closer Alex Colome all winter. Many anticipate the team will trade a starter, with star Chris Archer representing the most intriguing possibility. Replacing Longoria with Arroyo means there’s arguably still some excess infield depth to work from. And Span could either be used as a part-time player or sent elsewhere to realize further cost savings.
The Giants, meanwhile, still have needs and will be looking to fill them without going over the luxury tax line. It seems this swap won’t impact their spending capacity too significantly, since the average annual values of the two contracts involved aren’t too far apart. But the move takes one outfielder out of the equation while filling the gap at third, possibly leaving the Giants still searching for both a center and corner piece.
Marc Topkin of the Tampa Bay Times first reported Longoria was going via trade (via Twitter). Jeff Passan of Yahoo Sports (links to Twitter) and Robert Murray of Fan Rag (via Twitter) reported the other pieces involved. Murray was first to note on Twitter that the sides had struck a deal, with Jon Morosi of MLB Network (Twitter link) and Ken Rosenthal of The Athletic (Twitter link) mentioning the key names involved.
Photo courtesy of USA Today Sports Images.
Athletics Acquire Jonah Heim From Rays
The A’s have acquired minor league catcher Jonah Heim from the Rays as the player to be named later in last week’s Joey Wendle trade, reports Marc Topkin of the Tampa Bay Times (on Twitter).
Heim, 22, spent the entire 2016 season in Class-A Advanced but struggled greatly, prompting the Rays to drop him back to Class-A to open the 2017 campaign. Heim spent most of the year in that Class-A Midwest League before moving back up to High-A for the final 16 games, hitting a combined .260/.317/.402 with nine homers across the two levels. He caught 45 percent of would-be base thieves in 2017 and is at an excellent mark of 38 percent throughout his minor league career to date. Heim did not rank among Tampa Bay’s top prospects, but he’ll give the A’s some depth at the position and could seemingly find himself in Double-A at some point in the 2018 campaign.
Latest On Giants’ Interest In Evan Longoria
Over the weekend, Marc Topkin of the Tampa Bay Times reported that the Giants had some level of interest in Rays third baseman Evan Longoria, and following up on that report, USA Today’s Bob Nightengale tweets that the Giants have “keen interest” in swinging a deal for the Tampa Bay cornerstone. However, in order for any deal to work, Nightengale notes that the Giants would need the Rays to take the contract of either Hunter Pence or Denard Span back from the Giants in addition to whatever prospects San Francisco would send.
Taking on either of those contracts would be a fairly tall order for the cost-conscious Rays. Pence is entering the final season of a five-year, $90MM contract and is owed $18.5MM in 2018 — more than the $13.5MM that Longoria is set to take home this coming season. Obviously, taking on Pence’s deal would still provide the Rays with long-term cost savings — Longoria is owed $86MM over the next five years — but the short-term complications in that scenario are readily apparent.
Taking on Span’s deal would be closer to a cash-neutral proposition. He’s owed a $9MM salary plus a $4MM buyout in the coming year, though he will also reportedly be paid a deferred $3MM from his signing bonus come Jan. 20, 2018 as well, so even that scenario could require the Rays to take on some additional 2018 dollars.
Of course, if the Rays are to take on any salary in return, even a portion of one of those two deals, that’d give GM Erik Neander, senior VP Chaim Bloom and the rest of the front office greater cause to increase their ask in terms of prospects from a Giants system that is thin on upper-tier talent. At his current price tag of five years and $86MM, the 32-year-old Longoria isn’t exactly teeming with surplus value, though he remains a quality regular option at the hot corner.
Longoria hit .261/.313/.424 with 20 homers last season — the weakest offensive output of his career — but delivered excellent defensive marks at third base, leading to a season that was worth roughly three wins above replacement. The ever-durable Longoria has only missed 12 games since the start of the 2013 season and hasn’t been on the DL since 2012, though the downturn in his offensive profile in 2017 could create some cause for trepidation. Longoria’s ground-ball rate skyrocketed to 43.4 percent as his line-drive, fly-ball and hard-contact rates all fell. His infield-fly rate, meanwhile, trended upward for a fourth straight season.
Whether Longoria’s 2017 downturn was an aberration or the beginning of a decline remains to be seen but may also be a moot point in this instance. The Rays likely don’t relish the idea of taking on a negative-value asset in order to trade a player that has been the face of their franchise for nearly a decade, but the Giants can’t take on the $16.7MM luxury tax hit would accompany Longoria’s contract without pushing perilously close to the $197MM tax barrier.
San Francisco wants to avoid paying that tax for a fourth straight season and would love to reset its tax penalty — they’re currently set to pay a 50 percent tax on every dollar over that point this offseason and in subsequent years — making the Longoria scenario seem to be something of a reach.
If the Rays plan to trade Longoria at all, however, this would be the offseason to do it. He’ll gain 10-and-5 rights early in the 2018 season, which would provide him full veto power over any proposed trade.
AL Rumors: Rays, Archer, Longoria, Yanks, White Sox, Machado, Red Sox
The Astros and Phillies have interest in Rays right-hander Chris Archer, joining a slew of previously reported clubs, per Marc Topkin of the Tampa Bay Times. The Rays clearly wouldn’t have any trouble finding a taker for Archer, thanks to his track record, age (29) and team-friendly contract (four years, $34MM). Teammate and face of the franchise Evan Longoria, the Rays’ longtime third baseman, is three years older than Archer and costs far more (a guaranteed $86MM over a half-decade). But that doesn’t seem to be a prohibitive price tag, as the three-time All-Star is drawing some interest from the division-rival Yankees as well as the Giants, Mets and previously reported Cardinals, according to Topkin.
More on Tampa Bay and a few other teams:
- The offer the White Sox made to the Orioles for third baseman/shortstop Manny Machado did not include second baseman Yoan Moncada or rightyMichael Kopech, Nick Cafardo of the Boston Globe writes. It would’ve been a surprise to see the rebuilding White Sox consider parting with either player for only a year of control over Machado. The 22-year-old Moncada and Kopech, 21, were the crown jewels in the package they received last winter for Chris Sale, after all. Moncada, whom the White Sox promoted last July, will be their second baseman from the get-go next year. The flamethrowing Kopech reached Triple-A in 2017 and now ranks as MLB.com’s 10th-best prospect.
- While righty Jake Odorizzi represents another Ray who could be in a different uniform in 2018, teams aren’t having an easy time prying him out of Tampa Bay. The Rays have let potential trade partners know they’ll have to “extend” for a shot at Odorizzi, Mike Berardino of the Pioneer Press tweets. Odorizzi, who will play his age-28 campaign in 2018, is under control via arbitration for two more seasons. He’s projected to earn a reasonable $6.5MM next year.
- Red Sox president of baseball operations Dave Dombrowski told Jen McCaffrey of MassLive.com and other reporters Saturday that the club had interest in Carlos Santana before he agreed to to a pact with Philadelphia on Friday. However, the Red Sox “weren’t necessarily prepared to go to the dollar amount that was there” for the first baseman, who landed a three-year, $60MM guarantee. And after suggesting at the Winter Meetings that offense-needy Boston would only add one big bat, Dombrowski doubled down on that Saturday, saying the team’s “focused on getting one person.”
Minor MLB Transactions: 12/14/17
Here are the latest minor moves, with newer signings at the top of the post…
Latest Transactions
- The Royals officially announced the minor league signings of both Broadway and third baseman/outfielder Cody Asche via their official Twitter feed. Asche has a .234/.293/.376 slash line over 1349 career PA from 2013-17, as he has yet to break out after years as a well-regarded prospect in the Phillies’ system. Asche spent 2017 with the White Sox, where he posted a big .887 OPS over 347 Triple-A plate appearances and also appeared in 19 games with the big league club.
Earlier Today
- The Rays announced their list of 13 players invited to their MLB spring camp on minor league deals (Marc Topkin of the Tampa Bay Times has the breakdown). Some of the signings have been reported on MLBTR already, though the list also includes such notable former big leaguers as Jonny Venters, Brandon Snyder, and Colton Murray. Venters is back for his third year in Tampa’s minor league system, as the former Braves All-Star is trying to make an extraordinary comeback from four Tommy John surgeries, three of which have come since 2013.
- The Marlins signed infielder Cristhian Adames to a minor league contract, Antonio Puesan of Magnus Media reports (Twitter link). The deal contains an invitation to Miami’s Spring Training camp. All ten of Adames’ pro seasons have come in the Rockies organization, including 166 games at the Major League level over the last four seasons. Adames actually appeared in 121 games for Colorado in 2016, though largely in a backup infield role. Still just 26, Adames has a .279/.344/.384 slash line over 3314 career minor league plate appearances and a .561 OPS over his 343 PA in the bigs.
- The Royals signed right-hander Mike Broadway to a minor league deal with a Spring Training invitation, ESPN.com’s Jerry Crasnick reports (via Twitter). Originally a fourth-round pick for the Braves in the 2005 draft, Broadway reached the big leagues a decade later, posting a 6.75 ERA over 22 2/3 relief innings for the Giants in 2015-16. The righty spent last season in the Nationals and Rays farm systems.
Royals Acquire Brad Keller, Burch Smith In Trades With Reds, Mets
The Royals announced that they’ve acquired right-handers Brad Keller and Burch Smith in trades with the Reds and Mets following today’s Rule 5 Draft. Kansas City will send a player to be named later or cash to both Cincinnati and New York in each trade. Keller was selected with the No. 5 pick out of the D-backs organization, while Smith was selected out of the Rays’ system.
Keller spent the entire 22 season in Double-A despite pitching most of the season at the age of 21. He made 26 starts and totaled 130 2/3 frames with a 4.68 ERA, 7.7 K/9, 3.9 BB/9 and a 49.6 percent ground-ball rate. He had been considered the No. 12 prospect in the D-backs’ organization by Jim Callis and Jonathan Mayo of MLB.com but was unprotected on at last month’s deadline to set 40-man rosters.
The Rule 5 selection could pave the way back to the Majors for Smith for the first time since 2013. Smith tossed 36 1/3 innings for the Padres as a 23-year-old that year, and though he logged an ugly 6.44 ERA, he also punched out 46 batters in that time.
Now 27 years of age, Smith has seen two seasons wiped out by Tommy John surgery and other arm troubles. But, he was healthy in 56 1/3 minor league innings as he worked his way back across three minor league levels this year — his first action on a mound since 2014. Smith posted a 2.40 ERA with 8.9 K/9 against 3.8 BB/9 before impressing with 29 strikeouts in 20 1/3 innings in the Arizona Fall League.
Both pitchers will retain their Rule 5 status with the Royals, meaning neither can be optioned to the minors without first being exposed to waivers and then offered back to their original organizations for $50K. If either lasts the entire season on the Royals’ big league roster (with at least 90 days on the active roster and not on the DL), he’ll become their property without any restrictions in 2019.
Pitching Market Chatter: Phils, Yanks, Greinke, Cole, Archer, Duffy, CC, Jays
With a pair of relief signings being wrapped up, the Phillies seem to feel good about that aspect of their roster. Per MLB.com’s Todd Zolecki, via Twitter, the team will turn its gaze to improving the rotation. Both they and the Yankees checked in with the Diamondbacks regarding right-hander Zack Greinke, Robert Murray of FanRag writes. Greinke ending up with either club is unlikely, however, sources informed Murray. With the Rangers also having shown interest in Greinke, we now know at least three teams have inquired about the expensive 34-year-old this offseason.
Greinke is the latest hurler to land on the radar of the Yankees, who have also eyed Pirates righty Gerrit Cole. Consequently, the Bucs “are gathering names of young, controllable” Yankees they could acquire in a Cole deal, though there’s “nothing close,” Bill Brink of the Pittsburgh Post-Gazette reports (on Twitter). Notably, Brink adds that the Yankees are also “looking at” Rays righty Chris Archer. The 29-year-old has drawn significant interest this winter, but it’s unclear whether the Rays will move him.
Plenty more pitching rumors…
- The Royals are giving serious consideration to dealing southpaw Danny Duffy, who’s “extremely popular” on the trade market, Jon Heyman of FanRag tweets. Duffy suggested on Twitter that he doesn’t want to go anywhere, for what it’s worth. “Bury me a Royal,” he declared.
- As the Blue Jays look for pitching reinforcements, they are giving real consideration to veteran CC Sabathia, as Ben Nicholson-Smith of Sportsnet.ca writes. Though manager John Gibbons suggested his own priority is to add bats, he also said he’d welcome the addition of the veteran Sabathia — who has a lengthy history with the Jays’ current front office leadership stemming from their time in Cleveland together.
- Teams have given up on trying to acquire Reds closer Raisel Iglesias, Heyman reports on Twitter. The Reds understandably want an enormous haul back for the 27-year-old star, who’s under affordable control for the foreseeable future.
- The Twins and Rays have chatted about veteran righty Jake Odorizzi, per Mike Berardino of the St. Paul Pioneer-Press (via Twitter), who adds that Tampa Bay was not interested in Minnesota’s initial offer.
- Although they’re at the beginning of a full, cost-cutting rebuild, the Marlins aren’t feeling any urgency to deal righty Dan Straily, per Joe Frisaro of MLB.com (Twitter link). Miami’s de facto ace will play his first of three arbitration-eligible seasons in 2018. He’s projected to earn a $4.6MM salary, which even the Marlins can afford.
- The Mets are not likely to sign another free agent reliever, at least in the near term, according to GM Sandy Alderson and as MLB.com’s Anthony DiComo tweets. Instead, after landing Anthony Swarzak, the organization expects to begin looking to fill its other needs.
- Brewers GM David Stearns discussed his organization’s situation with reporters including MLB.com’s Adam McCalvy (Twitter links). He said the team was willing to go to two years to get Swarzak, but wasn’t willing to match the dollar amount he ultimately took. The club still has open payroll capacity, which Stearns says he’ll put to good use. “We have spending power this offseason,” he said. “I’m confident we are going to find places to use that effectively.”
- Before the Astros agreed to a deal with Joe Smith on Wednesday, Brian McTaggart of MLB.com hinted on Twitter that the team could have interest in free agent righty Hector Rondon. Whether that still stands remains to be seen, but the Astros are already chock-full of righty relievers as it is.
Rays Acquire International Pool Space From Mariners For Anthony Misiewicz
3:05pm: Tampa Bay will get $1MM in spending capacity, per MLB.com’s Mark Feinsand (via Twitter).
10:20am: The Rays and Mariners have lined up on a trade that will send international bonus pool spending availability to Tampa Bay. In exchange, the Seattle organization will receive young lefty Anthony Misiewicz.
For the Rays, the swap will bring in some funds that appear to be earmarked for youngster Jelfry Marte. An agreement on his signing was reported yesterday, though Tampa Bay still needed to pick up some international capacity before it could make the deal.
Fortunately, the M’s had leftover funds on hand that they were unable to give Shohei Ohtani when he declined to join the organization. The team will likely seek to turn some of that money back into minor-league prospects, but perhaps will also continue looking into the remaining amateur market as well.
In Misiewicz, the Mariners have re-acquired a player who was shipped out to the Rays in August. The 23-year-old, an 18th-rounder from Michigan State, reached the Double-A level in 2017, pitching to an even 4.00 ERA in a dozen starts with 7.2 K/9 with 2.1 BB/9.
Cardinals & Marlins “Making Progress” On Marcell Ozuna Swap
11:53am: It seems St. Louis is still not fully zeroed in on Ozuna — or, at least, not just Ozuna. In addition to some pitchers to whom the club has been tied previously, the Cards still seem to have some possible interest in Rays third baseman Evan Longoria, Rosenthal tweets.
And Bob Nightengale tweets the team is “optimistic” of scoring at least one significant hitter with the possibility of another. He also cites Longoria and adds Blue Jays Josh Donaldson as a player who is “in play” for St. Louis, though certainly most indications to date have been that Toronto has little interest in trading him.
11:22am: The Cardinals and Marlins are “making progress” on a deal that would send outfielder Marcell Ozuna to St. Louis, according to Ken Rosenthal of The Athletic (via Twitter). These organizations have been tied in chatter of one kind or another for much of the offseason.
We heard yesterday that the Cards were the favorites to land Ozuna. As of that time, though, there were multiple other suitors reportedly still involved and the Cardinals were also eyeing fellow Miami outfielder Christian Yelich.
It is still unclear just how things might come together, but there are quite a number of possible ways the sides could line up. The Cardinals have a host of young outfielders, potentially offering Miami a direct replacement with greater future contract control, along with the sort of youthful pitching that the Marlins covet.
As for Ozuna, he’d be the major stick the Cardinals have sought all winter. While he’s not at the level of former teammate Giancarlo Stanton, he did post an excellent .312/.376/.548 slash with 37 long balls in 2017. And Ozuna is also much friendlier to the checkbook, as he’s projected to earn $10.9MM in his second-to-last season of arbitration eligibility. That relatively light payroll hit might leave the Cards with capacity to make some other impact additions via free agency.
NL Central Notes: Reds, Cardinals, Pirates
Though the Reds didn’t ultimately make Shohei Ohtani‘s list of seven finalists for his services, the team put together a detailed presentation in hopes of luring the two-way star to Cincinnati. Mark Sheldon of MLB.com wrote an insightful article detailing the Reds’ pursuit of Ohtani; the team shared the contents of its presentation with MLB.com and the Cincinnati Enquirer. Despite the fact that they could only offer him a maximum $300K signing bonus, GM Dick Williams and the entire Reds organization believed they could come up with a pitch attractive enough to sway Ohtani in their direction. “I’d like us to think that we might have a chance. I’ve followed this kid,” Williams said at the the beginning of the process. “I think he’s wired differently. He’s clearly shown he thinks out of the box.” The baseball operations, business, creative services, and marketing departments all worked together to tailor a presentation that included a 120-page book and 12-minute video. One of Cincinnati’s selling points was having Ohtani pitch in a six-man rotation (something he was used to doing in Japan), while playing the outfield and getting at-bats as a pinch-hitter. The Reds pulled out all the stops, including the addition of testimonials from Hall of Famer Barry Larkin and former MVP Joey Votto. Though they ultimately came up short, the release of the presentation’s contents to the media is generous to say the least, and provides a rare and fascinating insight into the player recruiting process.
More items from the National League’s Central Division…
- Although he cautions that the club isn’t necessarily on the cusp of a big announcement, Cardinals GM Michael Girsch says that the club has “some sense of optimism” regarding their pursuit of a big bat (via Derrick Goold of the St. Louis Post-Dispatch). The Redbirds seem to have a desired hitter in mind, and reportedly feel good about their chances of acquiring him. “We’re not at the goal line, but we’ve made progress,” says Girsch. While Girsch himself didn’t mention any specific names, Goold notes in the article that the Cardinals have been linked to Miami outfielder Marcell Ozuna, while the Marlins have shown interest in St. Louis pitchers Jack Flaherty and Sandy Alcantara.
- A hitter isn’t the only thing the Cardinals are pursuing. Recently, they’ve been linked to Rays closer Alex Colome as a potential means to fill a clear need at the back end of their bullpen. Somewhat intriguingly, Mark Topkin of the Tampa Bay Times reports that Colome began following four Cardinals-related accounts on his Instagram on Tuesday night (hat tip to NBC Sports’ Drew Silva). It could be nothing at all; social media activity certainly doesn’t have a strong correlation with transactional news. But while there are no reports of a deal in place, the flurry of follows has piqued curiosity and stirred the rumor mill. At the very least, it gives us another reason to closely monitor an interesting hypothetical.
- Bill Brink of the Pittsburgh Post-Gazette reports that the Pirates are exploring the idea of adding a fourth outfielder through trade or free agency, in order to allow Jordan Luplow to begin the season at the Triple-A level. GM Neal Huntington notes that Luplow “didn’t have a ton of at-bats down there a year ago.” Indeed, Luplow only has 87 career plate appearances at Triple-A, and his .205/.276/.385 major league slash line indicates that his bat could benefit from more development at the minors’ highest level. The 24-year-old Luplow was drafted out of California State University Fresno with the Pittsburgh’s third-round pick; the right-handed outfielder is 24 years old, according to Fangraphs.