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This Date In Transactions History

This Date In Transaction History: Cubs Sign Yu Darvish

By TC Zencka | February 13, 2022 at 10:31am CDT

On February 13th, 2018 the Cubs officially announced a six-year, $126MM agreement with free agent Yu Darvish. After splitting the 2017 season between the Rangers and Dodgers, Darvish was the top free agent on MLBTR’s list of available players that winter. Little did we know at the time that Darvish would spent only half the length of that contract in a Cubs uniform.

At the time, Darvish seemed like a much-needed injection of frontline rotation talent for the Cubs. After falling to the Dodgers in the NLCS in their title defense season, swiping Darvish from the Dodgers had the potential to swing a potential rematch in seasons to come.

That rematch wouldn’t come to pass, however. Darvish would make just nine starts for the Cubs in the 2018 season. Though they won 95 games, Joe Maddon’s club stumbled into a wild card spot before losing the wild card game to the Rockies on a Tony Wolters RBI single in the 13th inning.

The timing was never quite right for Darvish and the Cubs. He was better in his second season in Chicago, but not good enough to change the fortunes of their fledgling contender. Darvish finished second for the NL Cy Young during the pandemic-shortened 2020 season, but they fell in the first round of the playoffs to the Marlins.

Though Darvish was incredible during that 2020 season (2.01 ERA/2.23 FIP over 76 innings), the Cubs chose to sell high on their one-time free agent prize, sending him to the Padres for a quartet of teenagers. The Cubs were largely criticized at the time of the deal, though the full impact of the move won’t be known for many years yet. There’s no doubt that Chicago needed an injection of youth for a system that had largely stagnated during their years of contention. Further, in terms of maximizing their assets, Darvish was their most valuable trade piece at the time.

And though Darvish’s arsenal is robust, and he’s among the strikeout leaders on a per batter basis year-by-year, his bottom line run prevention numbers don’t necessarily paint him as one of the best pitchers in the league.

He was certainly a touch disappointing in his first season with the Padres, posting just 1.4 rWAR/2.9 fWAR despite making 30 starts and tossing 166 1/3 innings. The 34-year-old wasn’t bad in 2021, but with a 4.22 ERA/3.90 FIP, Darvish looks more like a solid mid-rotation arm than a true frontline ace, even with an impressive 29.2 percent strikeout rate and 6.5 percent walk rate.

The fact is, outside of his tremendous 2020 season, Darvish has been closer to this 2021 self for most of his Major League career – at least since missing the 2015 season. Still, that makes for a valuable rotation arm that ought to play a valuable role for the Padres over the next two seasons, even in his age-35 and age-36 seasons.

At the same time, it’s hard to fault the Cubs now for selling when they did. MLBTR readers did not like the deal, with the most popular grades being a C and D at the time. But in retrospect, the Cubs were clearly more than a Darvish away from competing last season.

On the whole, even though they traded him halfway through the deal, the Cubs probably still feel pretty good about their decision to sign Darvish. On the field, he gave them 294 2/3 innings over three seasons with a 3.60 ERA/3.77 FIP, totaling 5.8 fWAR. Those aggregate numbers are solid, though they came in the shape of one subpar season, one stellar season, and one middle-of-the-road year in 2019.

Taking a more holistic approach, you can give Darvish credit for also netting the organization four prospects who may still provide a boost to Cubs teams down the road. As of right now, Fangraphs has the four prospects the Cubs got for Darvish ranked as their #3, #5, #37, and #48 ranked prospects in their system. Will those four prospects end up being more valuable than the final three years of Darvish’s free agent deal? That’s a question for a future date. In terms of the free agent deal that was signed four years ago today, the move didn’t turn out exactly the way the Cubs perhaps wanted, but they should count it as a win nonetheless.

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Chicago Cubs MLBTR Originals San Diego Padres This Date In Transactions History Yu Darvish

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This Date In Transactions History: January 30

By Mark Polishuk | January 30, 2022 at 6:20pm CDT

Let’s take a look back at some notable moves taking place on this day in years past…

  • 2021: The Blue Jays officially announced their one-year, $18MM deal with Marcus Semien, as the two sides agreed to the contract a few days prior.  In the aftermath of a disappointing 2020 season with the A’s, Semien opted for the one-year pact with Toronto in order to rebuild his free agent value with a better performance in 2021.  This plan worked to perfection, as Semien finished third in AL MVP voting after hitting .265/.334/.538 with 45 home runs (a new single-season record for a second baseman).  Semien then cashed in during his most recent trip to the open market, signing a seven-year, $175MM contract with the Rangers signed prior to the lockout.
  • 2021: In another notable move completed one year ago, the Athletics acquired Cole Irvin from the Phillies in exchange for cash considerations.  Irvin hadn’t done much over 45 1/3 career innings with Philadelphia, but the southpaw emerged as a valuable member of Oakland’s rotation last year, posting a 4.24 ERA over 178 1/3 innings.  While the Statcast metrics weren’t kind to Irvin and questions remain as to whether or not he can stick as a reliable starting pitcher, and yet for the cost of just a minor cash outlay, the trade was already a win for the A’s.  It is possible Irvin wouldn’t have broken out without a change of scenery, and yet the deal doesn’t look great in hindsight for the Phillies, especially considering the Phils spent much of the season looking for consistency at the back of their rotation.
  • 2016: Jean Segura was traded for the second of four times in his career, as the Diamondbacks acquired Segura and right-hander Tyler Wagner from the Brewers for a package of Chase Anderson, Isan Diaz, Aaron Hill, and $5.5MM to cover part of Hill’s remaining salary.  Segura’s lone season in Arizona was the best of his career (.319/.368/.499 with 20 homers as part of a 5.0 fWAR campaign), but it wasn’t enough to keep the D’Backs from a 93-loss season.  With Mike Hazen taking over as Arizona’s GM in the aftermath of that rough season, Segura found himself on the move again in November 2016, traded to the Mariners in another notable swap that brought Ketel Marte to the desert.  From Milwaukee’s perspective, their Segura trade ended up being a nice win.  Anderson became a solid member of the rotation for four seasons, while Diaz was part of the prospect package the Brewers sent to the Marlins to land Christian Yelich.
  • 2006: Hey, remember when Mike Piazza played for the Padres?  The Hall-of-Famer spent only one season in a Friars uniform, but it was a memorable one, sparked when Piazza signed a one-year, $2MM deal (with an $8MM mutual option for 2007).  Getting the bulk of playing time as San Diego’s starting catcher, Piazza still plenty left in the tank at age 37, hitting .283/.342/.501 with 22 home runs over 439 PA.  Piazza’s big year helped the Padres win the NL West, but the team declined their end of the mutual option after the season.
  • 1954: Bobby Thomson’s legendary home run helped THE GIANTS WIN THE PENNANT in 1951, but it can be argued that trading Thomson helped the Giants win the World Series in 1954.  On this day 68 years ago, the then-New York Giants picked up left-handers Johnny Antonelli and Don Liddle, backup catcher Ebba St. Claire, infielder Billy Klaus and $50K in cash from the then-Milwaukee Braves in exchange for Thomson and catcher Sam Calderone.  Antonelli became a fixture of the Giants rotation for the next seven seasons, reaching six All-Star games and posting a league-best 2.30 ERA in 1954.  Liddle was also a solid arm for New York in 1954, and might be best remembered for allowing the long Vic Wertz fly ball that required Willie Mays to make “The Catch” in Game 1 of the 1954 World Series.  Brought into the game specifically to face Wertz, Liddle was removed after facing his one batter — according to legend, Liddle then wisecracked “well, I got my man” in mock-bragging fashion after leaving the game.
  • 1923: It’s not quite the most famous example of the Red Sox trading a future Hall-of-Famer to the Yankees, since it’s not like Boston fans bemoaned “The Curse Of Herb Pennock.”  Still, the Yankees never won a World Series before Pennock came to the Bronx, dealt from Boston for $50K and three players who were all gone from the Sox roster by 1925.  Pennock was already a 10-year veteran with a solid career behind him at the time of the trade, but after a couple of relative down years in 1921 and 1922, the Sox were ready to move on.  Pennock went on to pitch 11 seasons with the Yankees, posting a 3.54 ERA over 2203 1/3 innings and helping New York win four Series championships.  The southpaw was at his best in October, with a 1.95 ERA over 55 1/3 career innings in World Series play.
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Arizona Diamondbacks Atlanta Braves Boston Red Sox Milwaukee Brewers New York Yankees Oakland Athletics Philadelphia Phillies San Diego Padres San Francisco Giants This Date In Transactions History Toronto Blue Jays Aaron Hill Chase Anderson Cole Irvin Isan Diaz Jean Segura Marcus Semien Mike Piazza Tyler Wagner

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This Date In Transactions History: Three-Team Sonny Gray Trade

By Anthony Franco | January 21, 2022 at 8:49pm CDT

On this date three years ago, the Reds, Mariners and Yankees reached agreement on a complex deal. Not only was it a fairly uncommon three-team trade, the deal pushed across the finish line only when the most notable player involved agreed to a three-year contract extension with his new club.

As part of that January 21, 2019 agreement, the Reds landed Sonny Gray. Cincinnati agreed to take on the right-hander’s $7.5MM salary for that season and promised him an additional $30.5MM through 2022. (The deal also included a $12.5MM club option for 2023). The Reds also landed left-handed pitching prospect Reiver Sanmartín from New York. In exchange, they sent infielder Shed Long Jr. to Seattle, who flipped their recent second-round draftee, Josh Stowers, to the Yankees.

Gray, an All-Star and AL Cy Young award finalist in 2015, was the obvious headliner of the deal. After a generally strong run in Oakland, he was sent to the Yankees at the 2017 trade deadline. Yet Gray didn’t fare as well during his year-plus in the Bronx, posting a mediocre 4.51 ERA/4.40 FIP across 195 2/3 innings. He dealt with particular struggles in the hitter-friendly confines of Yankee Stadium, managing a 6.55 ERA in home contests during his time in pinstripes.

The Reds identified Gray as a target as they neared the end of a rebuild that had landed them in the basement in the NL Central for four straight seasons. They were rewarded for that decision, as Gray immediately turned things around in his new environs. He twirled 175 1/3 frames with a 2.87 ERA during his first season with the Reds, earning his second All-Star nod and some down ballot Cy Young votes in the process. Both FanGraphs and Baseball Reference pegged Gray as the most valuable player on the team that year by Wins Above Replacement.

Gray’s excellent debut season wasn’t enough to get the Reds to the postseason, but Cincinnati did qualify for an expanded playoff the next year. His 56 innings of 3.70 ERA ball in the shortened season weren’t quite as impressive as his first-year numbers, but it was still solidly above-average output that contributed to a decent 31-29 team showing. The Reds didn’t make the playoffs over a full schedule last year, but Gray had another nice showing. The 32-year-old’s 4.19 ERA marked a bit of a step back, but a 27% strikeout rate, 47.2% ground-ball percentage and 3.85 SIERA suggest he may have been adversely affected by a poor defense behind him.

Cincinnati hasn’t had the team success they’d no doubt hoped to achieve over the past three seasons. That’s not any fault of Gray’s, though. Over 366 2/3 innings with the Reds, the Vanderbilt product has posted a 3.49 ERA/3.57 FIP, holding opposing hitters to a meager .208/.292/.345 line. Buying low after his struggles with the Yankees proved a shrewd move for former president Dick Williams, general manager Nick Krall, and the rest of the Cincinnati front office.

It remains to be seen whether Gray’s tenure with the Reds is finished. He’s still controllable for two seasons under the terms of the extension he signed at the time of the trade. The organization may be looking to cut payroll after the lockout, and Gray perhaps offers the best blend of recent productivity, availability in trade and 2022 salary (around $10.167MM) of anyone on the roster.

Whether Gray winds up dealt for a third time or opens next season in Cincinnati, the deal counts as a win for the Reds in retrospect. In fact, of the three prospects involved in the trade, Sanmartín is the only one who remains with the club that acquired him. He made his first two MLB starts during the final week of last season and could be a depth starter or long reliever for Cincinnati this year.

The other two prospects — Long and Stowers — were more well-regarded than Sanmartín at the time of the trade. Neither emerged as a long-term option in their new organizations, though. Long tallied 412 plate appearances over three years with Seattle. He hit well as a rookie but struggled between 2020-21, dealing with recurring injury issues around his right shin. Outrighted off the Mariners 40-man roster at the end of last season, the 26-year-old elected minor league free agency and has yet to sign elsewhere. Long figures to get another opportunity — even if just via minors pact — and he’s young enough to have a real chance at turning things around, but he didn’t make the kind of impact in Seattle their front office no doubt hoped he would.

Stowers, meanwhile, has yet to crack the majors. He spent two years in the New York farm system, then was traded to the Rangers last April as part of the deal that sent Rougned Odor to the Bronx. The 24-year-old outfielder (25 next month) then hit .220/.311/.466 across 351 plate appearances in Double-A. Not added to the Texas 40-man roster after the season, he’ll be eligible for selection in the Rule 5 draft once the lockout wraps up. As with Long, it’s far too early to close the books on Stowers’ career, but he’ll be available to the rest of the league for little more than an active roster spot in the coming months.

The deal also netted the Yankees the Reds’ Competitive Balance pick in the upcoming draft. New York used that selection (#38 overall) to nab left-hander T.J. Sikkema from the University of Missouri. Sikkema, who missed the entire 2021 campaign due to injury, was ranked by Baseball America as the #23 prospect in the Yankees’ system midseason. Between the lost minor league season in 2020 and last year’s injury-wrecked campaign, he’s still yet to advance to full season ball. Sikkema will be eligible for next offseason’s Rule 5 draft if not added to the New York 40-man roster, making the 2022 campaign a particularly important one for his future in the organization.

Note: This article was updated to reflect that the Yankees also acquired a Competitive Balance Selection from the Reds.

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MLBTR Originals This Date In Transactions History Transaction Retrospection Josh Stowers Reiver Sanmartin Shed Long Sonny Gray

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This Date In Transactions History: Tim Anderson Extension

By Anthony Franco | March 21, 2021 at 11:28am CDT

Today marks the four-year anniversary of the White Sox locking up their franchise shortstop. On March 21, 2017, the South Siders agreed to a six-year extension that guaranteed Tim Anderson $25MM. Via a pair of club options, the deal pushed Chicago’s club control over Anderson to the end of the 2024 season.

It was easy to see the appeal for the White Sox in betting on Anderson long-term. He was a former first-round pick and top 100 prospect, so one could envision him as a core piece of the future. Anderson had also held his own as a 23-year-old the year prior. The young shortstop made his MLB debut in June 2016 and hit a decent .283/.306/.432 over 431 plate appearances down the stretch.

There’s also the reality that early-career extensions tend to carry ample upside with little downside for teams. With the MLB salary structure designed to underpay players early in their careers, extensions for those players often tack on extra years of team control at rates well below what the player would’ve made in free agency if they perform at a high level. Meanwhile, the figures are typically low enough the team can paper over the deal if the player busts.

Still, this contract represented something of a show of faith on the White Sox’s part. Anderson had yet to accrue a full year of MLB service, so he would’ve been controllable through 2022 regardless. His strikeout and walk rates had been well worse than the league average in 2016, so a wait-and-see approach would’ve been reasonable, particularly with the organization embarking on a rebuild. Instead, Chicago placed a bet on Anderson’s long-term development. As Jeff Todd examined for MLBTR, the guarantee set a new high-water mark at that time for a player with less than one year of major league service.

The White Sox are now in position to be handsomely rewarded for that decision. After making the playoffs in 2020, Chicago looks well-positioned to continue to contend over the next few seasons. Anderson is a central reason for that. He has hit a stellar .331/.357/.514 (133 wRC+) over the past two seasons, finishing seventh in American League MVP voting in 2020.

While he has never drawn many walks, Anderson has improved in virtually every other regard since his rookie season. He’s cut his strikeout rate in recent years while hitting for more power and reliably posting high batting averages on balls in play. Anderson will play out the next two seasons on respective guaranteed salaries of $7.25MM and $9.5MM. Barring an unexpected drop in performance or injury, the White Sox should have little hesitancy excising the 2023-24 options (valued at $12.5MM and $14MM, respectively) and keeping Anderson in Chicago for the first half of this decade.

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Chicago White Sox MLBTR Originals This Date In Transactions History Transaction Retrospection Tim Anderson

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This Date In Transactions History: Marlins-Phillies Realmuto Trade

By Anthony Franco | February 7, 2021 at 4:58pm CDT

On February 7, 2019, the Phillies and Marlins lined up on a monumental intra-division trade. Miami sent J.T. Realmuto to Philadelphia in exchange for pitching prospects Sixto Sánchez and Will Stewart, as well as MLB catcher Jorge Alfaro. The then-rebuilding Marlins relinquished their final pair of seasons of club control over one of the game’s premier catchers in exchange for longer-term value. With Realmuto now having played out those two years in Philadelphia, it’s worth taking stock of the progress of the players involved.

To date, the trade is shaping up to be a rare win-win. Realmuto more than lived up to his end of the bargain. Since the start of 2019, the former third-rounder has hit an above-average .273/.333/.492, all while rating as a high-end pitch framer and throwing out an elite 42.9% of attempting basestealers. He and Yasmani Grandal are well clear of the rest of the field when looking at FanGraphs’ WAR leaders among catchers the past two seasons. The Phillies didn’t find much in the way of team success, but that’s not the fault of Realmuto, who has been one of the sport’s two most productive catchers since the trade.

Of course, the Phillies-Realmuto relationship didn’t end once he reached free agency. Philadelphia brought back the franchise backstop on a five-year contract last month. The Realmuto acquisition would have been a successful one for the Phils regardless of whether they managed to re-sign him; trading for Realmuto during his arbitration years is a separate decision from the one to sign him to a long-term deal in free agency. Still, the Phillies acquiring Realmuto two years ago certainly couldn’t have hurt their chances of winning the bidding for him this winter.

The Marlins’ end of the deal is a bit more uncertain (as one would expect when a team trades away an established star for a group of talented younger players) but certainly looks bright. Sánchez was seen as the prize of the package at the time of the deal, and he’s only elevated his stock since then. The young righty spent most of the 2019 season in Double-A, where he was very good, and then made his MLB debut last season.

Over his first seven starts at the big league level, Sánchez pitched to a 3.46 ERA/4.18 SIERA. His strikeout rate (20.9%) was a bit below-average, but Sánchez posted better than average marks in both walk rate (7.0%) and ground ball rate (58.0%) as a 22-year-old. It may be too early to definitively declare the flamethrower a future ace, but he’s clearly a central piece of a young rotation the Marlins hope will allow them to perennially reach the postseason, as the Fish did in 2020.

Alfaro and Stewart remain in the Miami organization, but their respective stocks have fallen since the trade. After a decent 2019 season, Alfaro struggled in 2020 and was eventually supplanted on the depth chart by Chad Wallach. Stewart, meanwhile, had a difficult 2019 season in High-A. Eligible for this offseason’s Rule 5 draft, Stewart was left off Miami’s 40-man roster but went unselected.

Even if neither of the secondary pieces in the deal become core pieces for the Marlins, the Realmuto-Sánchez central framework of the trade will be fascinating to follow. There figures to be plenty of times for broadcasters and fans to rehash the details of the blockbuster when the two square off against one another over the coming years.

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MLBTR Originals This Date In Transactions History Transaction Retrospection J.T. Realmuto Jorge Alfaro Sixto Sanchez

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Two Years Ago, The Twins Signed An Elite Hitter

By Anthony Franco | January 2, 2021 at 1:24pm CDT

Today marks the two-year anniversary of the Twins announcing a free agent deal with Nelson Cruz. The then-38-year-old received a one-year, $14.3MM guarantee with a $12MM club option covering the 2020 season.

At the time, Cruz was coming off an incredible four-year run with the Mariners. He had hit .284/.362/.546 during his time in Seattle. By measure of weighted runs created plus, the slugger was the sport’s eighth-most productive hitter between 2015-18 (minimum 600 plate appearances). Nevertheless, Cruz’s age and lack of defensive value as a full-time designated hitter limited him to a single year guarantee.

After a surprising Wild Card berth in 2017, the Twins slumped to a 78-84 season in 2018. Surely, the front office hoped that signing Cruz would install an elite bat into the middle of the order and help Minnesota’s lineup emerge as one of the best in the league. That’s precisely how things played out.

If anything, the already-great Cruz took his offensive game to another level in 2019. He hit a career-best .311/.392/.639 with 41 home runs in just 521 plate appearances. As a team, Minnesota slugged a record 307 homers that year en route to an AL Central title. That made exercising the 2020 option a no-brainer. Cruz again mashed at an elite level and helped the Twins to their second consecutive division championship this past season.

Now 40 years old, Cruz is again a free agent, facing the same questions he faced last time he was on the open market (and the time before that). He offers nothing defensively and is among the oldest players in the sport. Yet Cruz has shown no signs of decline at the plate; on the contrary, he’s coming off arguably the two best offensive seasons of his career.

Another deal between the Twins and Cruz makes plenty of sense. Minnesota again looks like one of the best teams in the American League, although the pursuit of another division title looks more difficult than ever thanks to the White Sox’s emergence as a legitimate contender. The past two division crowns haven’t led to any postseason success, which the Twins no doubt hope to change in 2021.  The parties have remained in contact this winter. No deal has come together to this point amidst uncertainty about whether the DH will expand to the National League, which would obviously open up Cruz’s market.

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Minnesota Twins MLBTR Originals This Date In Transactions History Transaction Retrospection Nelson Cruz

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2 Years Ago, The Mets Cut Ties With A Former Star

By Connor Byrne | May 8, 2020 at 12:57am CDT

It seems like ancient history now, but right-hander Matt Harvey used to be considered among the majors’ elite players. A 2010 seventh overall pick of the Mets, Harvey debuted in the bigs in 2012 and truly broke out the next season with 178 1/3 innings of 2.27 ERA ball. From his first taste of MLB action until 2015, Harvey posted a 2.53 ERA with 9.46 K/9 and 1.98 BB/9 over 427 frames, earned an All-Star bid and was part of a pennant-winning team. Harvey, Noah Syndergaard and Jacob deGrom were supposed to form an unstoppable trio atop the Mets’ rotation for the long haul, but it wasn’t to be, as Harvey experienced a dramatic fall from grace during his time in their uniform.

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Injuries have been an all-too-common problem for Harvey, who underwent Tommy John surgery on his pitching elbow in October 2013 and sat out all of of the next season. Harvey made a triumphant return to win NL Comeback Player of the Year honors in 2015 – the latest season in which the Mets went to the World Series – but it wasn’t a campaign devoid of controversy for the hurler who became known as the Dark Knight. He and agent Scott Boras pushed for a limit of 180 innings for the year, but Harvey ended up exceeding that amount with ease, tossing 189 1/3 frames in the regular season and racking up another 26 2/3 in the playoffs. The workload may have been too heavy for his taste, but Harvey was actually great that October – including an eight-inning, two-run effort in a Fall Classic-deciding, Game 5 defeat to the Royals. Little did anyone know that shining moments would be so few and far between for him since then.

Rewinding to 2016, you’d have a hard time finding many regular starters who have been worse than Harvey. He underwent thoracic outlet surgery in July of that year, and that now looks like a death knell in hindsight. Now 31 years old, Harvey’s the owner of a 5.56 ERA – the third-highest figure among all qualified starters – in his most recent 390 innings.

Having seen enough of Harvey, the Mets – once justified in believing he was a true ace – gave up on him exactly two years ago. It was on May 8, 2018, that the Mets traded Harvey to the Reds for catcher Devin Mesoraco – another once-promising player who didn’t pan out as hoped. Harvey turned out OK as a Red, contributing 128 innings of 4.50 ERA ball en route to an $11MM guarantee with the Angels during the next period of free agency. Likewise, Mesoraco wasn’t horrible as a member of the Mets, with whom he batted .222/.306/.409 in 229 plate appearances. But neither player is even in baseball at this point.

Mesoraco has all but retired after sitting out the 2019 campaign. Harvey could still resume his career, but it’s not looking good. The former front-end starter was so ineffective in his lone year with the Angels that they released him in July. Harvey did catch on with the Athletics on a minor league contract after that, but he didn’t crack their big league roster at all, and there have been few rumblings about him since he elected free agency at the outset of offseason. In fact, MLBTR’s archives have just two somewhat recent news items on Harvey – one on how he auditioned for the Blue Jays as a reliever during the winter and another saying the Mets aren’t interested in reuniting with him. It’s a stunning descent for a pitcher who was among the best during his Mets heyday.

Photo courtesy of USA Today Sports Images

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Cincinnati Reds MLBTR Originals New York Mets This Date In Transactions History Devin Mesoraco Matt Harvey

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The 10-Year Anniversary Of A Notable Cardinals Signing

By Connor Byrne | April 20, 2020 at 6:42pm CDT

We’ve reached the 10-year anniversary of a Cardinals move that has paid significant dividends for the franchise. It was on this date in 2010 that the Cardinals signed right-hander Carlos Martinez out of the Dominican Republic for a $1.5MM bonus. The deal came a year after a $150K agreement Martinez had with the Red Sox fell through because of questions over his name and birthday, as Jesse Sanchez of MLB.com detailed back in 2013.

Martinez’s issues were ultimately sorted out after the Boston deal collapsed, and St. Louis has been the beneficiary. After a torrid run through the minors, Martinez ended up debuting in the majors in 2013 as a hyped prospect, even making five appearances in relief against Boston in St. Louis’ World Series loss to the Red Sox. He has since established himself as a key part of the Cardinals’ pitching staff.

Martinez truly broke out as a starter in 2015, the first season of a three-year, 580-inning stretch in which he logged a 3.24 ERA/3.59 FIP with 8.92 K/9, 3.17 BB/9 and a 54 percent groundball rate. The Cardinals made a sizable commitment to Martinez after the second of those seasons, signing him to an extension worth a guaranteed $51MM over five years in February 2017. Martinez is down to his last two guaranteed seasons on that pact, though the Cardinals will be able to control him for 2022 and ’23 via club options; that is, if they’re willing to pay him $17MM in the first year and/or $18MM in the second (otherwise, they could buy him out in either season for $500K).

Martinez seemed to be on pace to have those options picked up just a couple years ago, but it’s less clear what his future holds at this point. Now 28 years old, Martinez spent the majority of the previous two seasons as a reliever – an effective one at that – owing in part to injuries. Dating back to 2018, he has tossed 167 innings of 3.13 ERA/3.34 FIP ball with 9.16 K/9, 4.2 BB/9 and a typically above-average grounder percentage of 51.1.

All 48 of the hard-throwing Martinez’s appearances last year came out of the Cardinals’ bullpen as he recovered from shoulder issues, and he even converted 24 of 27 save opportunities while filling in for the injured Jordan Hicks as their closer. However, before the coronavirus pandemic reared its ugly head and caused baseball to shut down, the 28-year-old looked as if he was on track to return to his prior role in the St. Louis rotation in 2020.

No matter which job Martinez takes on this season (if there is one), it’s fair to say his production as both a starter and a reliever has been a boon to the Cardinals. Ten years ago today, they landed a two-time All-Star for a relative pittance.

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MLBTR Originals St. Louis Cardinals This Date In Transactions History Carlos Martinez

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This Date In Transactions History: From Cleveland To Cincinnati

By Connor Byrne | April 7, 2020 at 9:14pm CDT

We’ve reached the 14-year anniversary of a pivotal Reds-Indians trade that was hardly a headline-grabber at the time. It was on April 7, 2006, that the Reds acquired 24-year-old second baseman Brandon Phillips from the Indians for a player to be named later. That player turned into right-hander Jeff Stevens, whom Cincinnati sent to Cleveland in June of that year.

Phillips entered the pro ranks as a high draft selection of the Montreal Expos, who picked him in the second round (No. 57) in 1999. He was later part of a Montreal-Cleveland deal that had a massive impact, as the Expos sent Phillips, Grady Sizemore, Cliff Lee and Lee Stevens to the Indians for Bartolo Colon and Tim Drew. Sizemore and Lee became stars in Cleveland, but Phillips didn’t amount to much there in 462 combined plate appearances from 2002-05.

Phillips spent the majority of his final season as a member of the organization with the Indians’ then-Triple-A team in Buffalo, where he put up a .734 on-base plus slugging percentage. Unimpressed, the Indians and former general manager Mark Shapiro soon gave up on Phillips. That proved to be a mistake, at least when you consider what they received for Phillips. Stevens never even pitched for the franchise, instead throwing a combined 37 1/3 innings with the Cubs from 2009-11 after the Indians traded him as part of a deal for utilityman Mark DeRosa (notably, that transaction also saw Chris Archer head to Chicago). While DeRosa was effective for the Indians in ’09, that was his lone season with the club. The team later sent him to to St. Louis in a trade for reliever Chris Perez.

Perez had his moments in Cleveland, but they don’t match up to Phillips’ impact in Cincinnati. “Dat Dude” was a productive Red from the jump and eventually became a franchise icon – someone who was instrumental in breaking their 14-year playoff drought in 2009. The Reds went on to earn two more playoff berths while Phillips was in their uniform. His long tenure with the franchise concluded in February 2017 with a trade to the Braves, but not before Phillips racked up a laundry list of personal accomplishments. As a member of the Reds, Phillips made three All-Star teams, won four Gold Gloves and batted .279/.325/.429 with 191 home runs, 194 stolen bases and 28.1 wins above replacement over 6,899 plate appearances. He’s currently eighth in Reds history in games played (1,614) and PA and 10th in hits (1,774), runs scored (877) and total bases (2,722), to name just a few key statistics.

Phillips, now 38 years old, hasn’t played in the majors since 2018. But he’ll always be a part of the Reds’ rich history, and his acquisition was no doubt one of the shining moments of former Reds GM Wayne Krivsky’s stint. It’s also another bit of proof that you shouldn’t sleep on any transaction, no matter how minor it may seem at the time.

Photo courtesy of USA Today Sports Images.

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Cincinnati Reds Cleveland Guardians MLBTR Originals This Date In Transactions History Brandon Phillips

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This Date In Transactions History: An Expensive Mistake

By Connor Byrne | March 31, 2020 at 10:59pm CDT

Big-money free-agent signings in late March aren’t all that common, but the Cardinals pulled one off exactly two years ago. In hindsight, they probably wish it wouldn’t have happened. On March 31, 2018, the Cardinals added right-handed reliever Greg Holland on a one-year, $14MM contract. Holland was supposed to solidify the back end of the Cards’ bullpen, a unit that lost then-standout Trevor Rosenthal to Tommy John surgery late in the previous season. Instead, though, Holland endured a woeful few months as a Cardinal, didn’t finish the season in their uniform and has seen a once-great career continue to go downhill since then.

Holland entered free agency off a nice 2017 showing in Colorado, where he led the National League in saves (41) and logged a 3.61 ERA/3.72 FIP with 10.99 K/9 and 4.08 BB/9 over 57 1/3 innings. Not dominant numbers overall, but Holland picked up his third All-Star nod and was quite strong outside of a couple of blowups. Plus, the fact that it was his first action after a serious injury made his production look even better.

Holland’s best known for putting up excellent numbers in Kansas City from 2011-15, and he was close to untouchable during the Royals’ pennant-winning 2014 campaign. The decline began after that, though, as Holland suffered a torn right ulnar collateral ligament that ended his 2015 season in September. The injury prevented him from aiding the Royals in their run to a World Series championship that fall, forced Holland to undergo Tommy John and then caused him to sit out all of the next season.

Both the Rockies and the Cards were clearly impressed by the post-surgery Holland in 2017. He turned down his half of a $15MM mutual option after the season, but the Rockies then issued him a $17.4MM qualifying offer. Holland also said no to that, which may have been a mistake; however, expectations were that he’d beat that guarantee on the open market. MLBTR forecast a four-year, $50MM guarantee for Holland, but it turns out that he was not among the several free-agent relievers that winter who found a lucrative multiyear contracts (former Royals bullpen mate Wade Davis, who took Holland’s place in Colorado, led the way). Unfortunate for Holland, but considering the way his career has gone since then, the rest of the league’s teams dodged a bullet.

Because he didn’t sign until a couple days after the Cardinals’ season began, Holland did not have the benefit of a normal spring training. He took a bit of time to ramp up and then debuted with St. Louis on April 9, which proved to be his first of several poor outings with the club. Holland took the loss in that game after walking four of the five batters he faced. Walks were an all-too-common problem throughout Holland’s brief run as a Cardinal, as he wound up posting an extremely unusual and hideous line consisting of a 7.92 ERA with 7.92 K/9 and 7.92 BB/9. Holland never even registered a save for the club, which cut ties with him on Aug. 1, 2018, and ate almost $5MM in the process. To worsen the blow for the Cardinals, because Holland was a QO recipient, they had to cough up their second-round pick in 2018 and $500K of international money for inking him.

To his credit, Holland quickly rebounded from his abysmal Cards career. He closed 2018 in outstanding fashion as a member of the Nationals, with whom he recorded an almost flawless 0.84 ERA in 21 1/3 innings. Holland couldn’t follow that up in 2019, however, as he ended up with mediocre stats as a Diamondback. And they, like the Cardinals a year before them, designated Holland for assignment before the season concluded.

The 34-year-old Holland is now once again looking to rebound, this time back in his old Kansas City stomping grounds after the Royals reunited with him on a minor league contract in January. Perhaps Holland will revive his career either in KC or elsewhere in 2020, but the fact that he settled for a non-guaranteed deal two years after receiving such a sizable payday shows how far he has fallen.

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MLBTR Originals St. Louis Cardinals This Date In Transactions History Greg Holland

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