Cubs Acquire Ronald Torreyes
The Cubs have acquired recently designated infielder Ronald Torreyes in a swap with the Yankees, per an announcement. Cash or a player to be named later will head to New York in return.
Torreyes, 26, makes his way back to an organization that once had him as a minor-leaguer. (He originally came over in this swap and departed in this one, with numerous trades and claims coming thereafter.) If he can hang onto his 40-man spot, or otherwise remains with the Cubs at the start of camp next spring, he’ll presumably compete for a bench job.
With the move, the Cubs have added a player who’s capable of handling just about any defensive position but hasn’t hit much in the big leagues. In 614 career plate appearances, he’s slashing just .281/.310/.375 with four home runs and four steals.
These sorts of moves on the margins of the 40-man roster don’t always mean much, but it’s reasonably notable to see the Cubs snag a shortstop-capable reserve. After all, the organization is facing at least a partial deadline to make a decision on Addison Russell in the coming days. As the non-tender deadline looms, it’s still not clear what course the club will take.
Reds Agree To Three-Year Deal With Raisel Iglesias
NOVEMBER 27: Iglesias will receive a $6MM salary in 2019, followed by $9MM and $9.125MM paydays, per Jon Heyman of Fancred (via Twitter).
NOVEMBER 21: The Reds announced today that they have agreed to a three-year deal with closer Raisel Iglesias. It will promise him $24.125MM, per MLB.com’s Mark Feinsand (via Twitter), but won’t expand the team’s control rights.
This is a fairly unusual contract agreement; though we have seen an increasing number of multi-year, arbitration-only deals, they are typically of shorter duration and in some cases give the team additional option years. In this case, though, Iglesias was playing under an unusual contract in the first place, having signed a deal that would no longer be permitted under MLB’s international rules.
Under his original contract, Iglesias had the right to exit the guaranteed portion of the deal and enter arbitration. He elected not to do so last year, but still had the right to turn down the $5MM payday he already had in hand for 2019.* Whether or not he’d have done so is not clear, but perhaps he’d have rolled the dice on boosting his salary both now and in the future. Certainly, barring a disastrous intervening campaign, it was highly likely he’d have elected to test the arb process in 2020.
Where things get confusing with this deal is the 2021 campaign, the final year covered. Under his original contract, which runs only through 2020, he did not obtain the right to elect free agency early. Accordingly, he’d already have been controlled through 2021 regardless of today’s extension. That distinguishes it in a critical way from, say, the recent extensions secured by Brad Hand (link) and Felipe Vazquez (link).
In other words, this deal is all about resolving the salary uncertainty and fixing a price tag for Iglesias. The Reds will lock into a new payday to shave off some of the earning upside for Iglesias. Instead of the $10MM total he was promised over the 2019 and 2020 seasons, with the upside to earn more in those years and in particular in 2021, Iglesias will now secure an additional $14.125MM in guaranteed money. It’s certainly possible he could have earned more than that through arbitration, with good health and continued saves tallies, particularly if he had opted into arbitration this season and secured a big new starting point.
As part and parcel of the financial maneuvering, this move represents an indication that the Reds expect Iglesias not only to remain a productive reliever, but also to hold down the closer’s role. Saves, after all, are a key driver of reliever earnings in arbitration. Of course, it’s also still possible he’ll be shipped out to another organization, but this contract may also be intended in part as a commitment to a core player.
Iglesias, who’ll turn 29 before the start of the 2019 campaign, showed quite a bit of promise as a starter in his debut season of 2015. For reasons that remain somewhat unclear, he was bumped into the bullpen in the ensuing season and ultimately slid into the ninth inning. Iglesias has since mostly functioned as a traditional closer, with occasional multi-inning appearances but not enough to stand out.
Though it’s tantalizing to think of what might have been, Iglesias has thrived as a reliever. In 163 total appearances from the pen, he has compiled 201 innings of 2.42 ERA ball with 10.2 K/9 and 3.2 BB/9, picking up 64 saves along the way. He sits in the 96 mph range with his average fastball and still leans on both a change and curve. Iglesias has been utterly dominant against righties and solid-enough against left-handed hitters; in the aggregate he’s among the game’s more effective relievers.
*The original version of this post mistakenly stated that Iglesias had decided not to opt out of his 2019 guaranteed salary. In fact, he had only previously decided against doing so in 2018.
Brewers Avoid Arbitration With Erik Kratz
The Brewers announced today that they have avoided arbitration with catcher Erik Kratz. The deal promises him $300K and provides a $1.2MM salary in the majors, per Jon Heyman of Fancred (via Twitter).
Kratz had been projected by MLBTR and contributor Matt Swartz to earn $1.7MM through the arbitration process. The team understandably wasn’t interested in paying quite that amount, so instead worked out an agreement that will provide Kratz more certainty than the standard arb contract (which promises only thirty days of salary as a starting point) but will limit what he can earn if he sticks on the MLB roster.
The 38-year-old Kratz did not even touch the majors until he was already in his age-30 season. He has now appeared in nine-consecutive MLB campaigns, though he also hasn’t generally commanded much of an opportunity to play.
It came somewhat out of the blue, then, when the Brewers acquired Kratz in the middle of the 2018 campaign and installed him as a not-infrequently-used backup. He ended up striding to the plate 219 times, one more than his previous season high (2013, with the Phillies).
Certainly, the results on offense weren’t much different than might have been expected. Kratz produced a meager .236/.280/.355 slash, which maps to a 70 wRC+ — only marginally better than his career 65 wRC+.
Of course, there’s quite a bit more than hitting to the job of a reserve catcher. Kratz excelled at framing pitches and smothering balls in the dirt, while also drawing plaudits from the Milwaukee organization for his game calling, work ethic, and clubhouse presence.
Clearly, the club valued what he brought to the table. After seeing MLB action with seven teams, then, it seems Kratz has found something of a home. Whether he’ll open the season on the active roster, and if so whether he’ll last, remains to be seen. But it’s still a continuation of a great story for a respected veteran grinder.
Pirates Designate Alex McRae For Assignment
The Pirates announced that they’ve designated right-hander Alex McRae for assignment. His spot on the 40-man roster will go to outfielder Lonnie Chisenhall, whose previously reported one-year deal has now been formally announced.
McRae, 25, made his MLB debut with the Bucs in 2018, allowing four runs with five strikeouts and five walks in 6 1/3 innings of relief. The former 10th-round pick (2014) spent the bulk of the season in the rotation for the Pirates’ Triple-A affiliate, where he logged a 4.77 ERA with 8.0 K/9 against 3.8 BB/9. McRae’s sinker sat at 92.4 mph during his brief MLB audition, and he’s used the pitch to generate average or better ground-ball tendencies throughout his minor league career.
While he hasn’t found success in Triple-A or the Majors yet, McRae did post a 3.61 ERA with 5.4 K/9, 2.2 BB/9, 0.54 HR/9 and a 49.1 percent ground-ball rate in 149 2/3 innings with Pittsburgh’s Double-A affiliate in 2017.
Pirates Sign Lonnie Chisenhall
Nov. 27: The Pirates have formally announced the signing, via press release.
“Lonnie Chisenhall adds an experienced, productive and versatile player to our Major League Team,” said GM Neal Huntington in a statement accompanying the announcement. “When healthy, Lonnie has been a quality hitter while offering defensive flexibility. He also provides us an immediate option in right field while Gregory Polanco is getting healthy and his abilities and versatility will make our club better once Polanco returns.”
Nov. 26: The Pirates have struck a deal with free agent outfielder Lonnie Chisenhall, per Ken Rosenthal of The Athletic (Twitter link). It’s said to be a one-year, $2.75MM pact.
Chisenhall, 30, missed much of the 2018 season owing to a nagging calf injury. If he can avoid the DL, and earn playing time, he’ll have a chance to boost his salary in Pittsburgh. Per Rosenthal, the deal comes with some reasonably hefty potential incentives. Chisenhall will receive $250K upon reaching 250, 300, 350, and 400 plate appearances along with $500K if he makes it to 450, 500, 550, and 600 trips to the dish. That’s a potential $3MM boost.
Of course, it’d be rather surprising to see the left-handed-hitting Chisenhall receive enough action to max out the contract. He has only topped the five-hundred PA barrier once in his career, most of which has been spent in platoon duty. And for good reason: Chisenhall has been 58 OPS points better against right-handed than left-handed pitching in the majors.
For the Bucs, Chisenhall represents a part of a solution for the absence of Gregory Polanco, who is expected to miss a big chunk of the season recovering from shoulder surgery. Frankly, it’s unclear what the club will receive from Polanco in 2019, so it was imperative that a fill-in be found.
While a right-handed hitter might have dovetailed better with the existing unit by the time Polanco is back in action — after all, he and Corey Dickerson both hit from the left side — adding a lefty makes for a cleaner immediate fit with the team’s slate of reserve options. Pablo Reyes, Jose Osuna, and Patrick Kivlehan are among the players who could compete for bench duties. Of course, it’s also still possible that a higher-end asset could fall into the Bucs’ laps at some point over the offseason.
Regardless of how the platoon machinations work out, this is an interesting signing. Chisenhall is a sneaky upside play, given the ceiling he has shown on both sides of the ball.
Offensively, Chisenhall has produced at about a league-average clip over his eight-year career. But he churned out a 117 wRC+ in 2014, the season in which he saw his most extensive playing time (142 games, 533 plate appearances). And since the start of the 2017 season, he’s a .297/.368/.503 hitter with 13 home runs over 365 plate appearances. That represents a notable power surge as against his prior track record, though it came in a short sample and showed up more in ’17 than in his brief ’18 effort.
With the glove, Chisenhall went from a questionable third baseman to a high-end right fielder in 2015. The exuberant defensive metrics have cooled in the years to come, but he generally grades out in sight of average. It’s at best questionable whether he’ll be more than a solid performer in the field, particularly given that he’ll be looking to move past the longstanding lower-leg ailment, but there’s reason to think the Pirates will at least have an average defender for their money.
All things considered, as Jason Rollison of Bucs Dugout noted in tweeting the club’s interest recently, it seems like a nice match that will serve both player and team. Chisenhall joins Jung Ho Kang as a reasonably high-upside early signee, giving the Pirates two roster pieces at a palatable price and leaving a relatively robust amount of spending capacity untapped for further additions. (Of course, some potential payroll space could be held and deployed at midseason if the team proves worthy of further investment.)
Photo courtesy of USA Today Sports Images.
Tommy Joseph, Justin Haley Sign With KBO Teams
Former Phillies first baseman Tommy Joseph has agreed to a one-year contract with the LG Twins of the Korea Baseball Organization, Jeff Passan of Yahoo Sports reports (via Twitter). The Jet Sports client will be guaranteed $1MM on the contract — the maximum amount for which a foreign player can sign for his first year in the KBO.
Meanwhile, former Twins and Red Sox right-hander Justin Haley has signed with the KBO’s Samsung Lions, the team announced via press release (hat tip: Dan Kurtz of MyKBO.net, on Twitter). Haley’s deal will pay him a guaranteed $650K ($550K salary, $100K signing bonus) and provide him with the opportunity to earn an additional $250K via performance incentives. He’s represented by PSI Sports Management.
Joseph, 27, turned away interest from teams in Japan and Korea last offseason, telling NBC Sports Philadelphia’s Jim Salisbury at the time that he didn’t want to forgo the opportunity to return to the big leagues in 2018. Circumstances have changed since that time, of course. Joseph was still on Philadelphia’s 40-man roster at that point, and while he was undoubtedly cognizant of the fact that he wasn’t likely to have a prominent role on a roster with both Carlos Santana and Rhys Hoskins, there was perhaps hope that he’d land with another organization.
That proved to be the case to an extent; the Phillies designated Joseph for assignment, and he was claimed by the Rangers in Spring Training. Texas, though, designated Joseph for assignment at the end of camp and outrighted him to the minors. The slugger spent most of the 2018 season with Texas’ Triple-A affiliate, where he raked at a .284/.353/.549 clip and mashed 21 homers in 357 plate appearances. He’ll head to South Korea with a career .247/.297/.460 batting line and 43 homers through 880 Major League plate appearances — all with the Phillies.
Haley, meanwhile, pitched in the Majors in both 2017 and 2018 — albeit in limited fashion. Minnesota selected Haley out of Boston’s system in the 2016 Rule 5 Draft, and he made hit MLB debut in 2017. However, Minnesota didn’t hang onto him for the full season, ultimately returning him to Boston that May. Haley had his contract selected by the Red Sox in 2018 and made four relief appearances, though he lost his roster spot back on Nov. 1. In 25 2/3 career innings at the Major League level, Haley has a 5.61 ERA and a 14-to-9 K/BB ratio. However, he’s been substantially better in Triple-A, where he’s compiled a career 3.53 ERA with 7.6 K/9 and 2.4 BB/9 in 260 1/3 innings.
Both Joseph and Haley stand to earn considerably more money than they’d have made by signing a minor league contract and opening the season in Triple-A with a new organization. And, should either player cement himself as a quality contributor in the KBO, there’s certainly the opportunity to earn a raise in the KBO for the 2020 season as well. It’s not especially common to see players elevate their stock overseas and then return to find big league success, though Eric Thames and Miles Mikolas both stand out as recent examples of that route to multi-year free agent contracts.
Minor MLB Transactions: 11/27/18
We’ll track today’s minor moves from around the league here…
- The Cardinals announced yesterday that right-hander Derian Gonzalez has cleared waivers and been assigned outright to Triple-A Memphis. The 23-year-old pitched to a 3.51 ERA with 8.6 K/9 and 4.1 BB.9 across three levels (Rookie, Double-A, Triple-A) in 33 1/3 innings during an injury-shortened 2018 season. That marked the first action in either Double-A or Triple-A for Gonzalez.
- Left-hander Hoby Milner cleared waivers and was outrighted to Triple-A by the Rays, per Marc Topkin of the Tampa Bay Times (Twitter link). He’ll head to Spring Training as a non-roster invitee in hopes of once again cracking the roster. The 27-year-old Milner (28 in January) owns a 3.03 ERA in 38 2/3 big league innings, but there’s a fair bit of smoke and mirrors at play in that regard. Milner has just 7.0 K/9 against 4.9 BB/9 in the Majors and has stranded an unsustainable 86.2 percent of the runners he’s put on base. Fielding-independent metrics cast a much less favorable picture than his ERA (5.30 FIP, 5.65 xFIP, 5.07 SIERA). To his credit, Milner has held lefties to a laughable .177/.292/.277 slash through 98 plate appearances.
- The Marlins announced that right-hander Ben Meyer and outfielder Braxton Lee have both cleared waivers and been outrighted to Triple-A New Orleans and Double-A Jacksonville, repsectively. The 25-year-old Meyer made his MLB debut in 2018 but was hammered for 22 runs in 19 innings. The 2017 season was much better for the righty, as he worked to a 2.02 ERA with 10.8 K/9 against 1.9 BB/9 in 111 1/3 innings — albeit against much younger competition between Class-A and Class-A Advanced. Lee, meanwhile won a Double-A batting title in 2017 but hit just .233/.316/.294 across three minor league levels in 2018 in addition to a weak showing in a brief MLB debut of his own (18 plate appearances). Lee received plus grades for his speed and above-average marks for his outfield defense in the past but has never shown any power.
- The Marlins have signed outfielder Harold Ramirez to a minor league contract, per John Dreker of PiratesProspects.com (Twitter link). The 24-year-old Ramirez spent a third consecutive season at the Double-A level in 2018 and put together a strong campaign, hitting .320/.365/.471 with 11 homers, 37 doubles and 16 steals in 505 trips to the plate. Ramirez was once considered to be on the fringes of the game’s top 100 prospects, but his stock has dipped in recent seasons — particularly in 2017 (.678 OPS in his second full season of Double-A ball).
- Australian righty Todd Van Steensel tweeted last night that he’s signed a minor league pact with the Padres. The 27-year-old has spent the past six seasons in the Twins organization, where he’s topped out at the Double-A level. Van Steensel has a career 2.11 ERA with 9.4 K/9 against 4.1 BB/9 in 110 2/3 innings at that level, with all but two of his 66 Double-A appearances coming out of the bullpen.
Nationals To Sign Henderson Alvarez
Right-handed hurler Henderson Alvarez has reportedly inked a minor-league deal with the Nationals that includes a spring invite. It appears that Ángel D. Conde Trujillo had the news first on Twitter, with multiple stateside reporters tweeting the signing as well this evening.
Alvarez, 28, is again trying to make his way back to the majors after his career was derailed by shoulder woes. The former Marlins hurler, who signed with but never threw for the Athletics in 2016, appeared briefly with the Phillies in 2017 but did not pitch in affiliated ball in the most recent season.
While he was away, Alvarez did throw in the Mexican League. He turned in 120 2/3 innings in the Mexican League, working to a 3.58 ERA with 4.8 K/9 and 1.8 BB/9. Alvarez has also been pitching in winter ball in his native Venezuela, where he has allowed twenty earned runs on 43 hits over 30 2/3 frames while recording just ten strikeouts and five walks.
Needless to say, those numbers don’t inspire confidence. But it’s fair to note that Alvarez has never been a strikeout pitcher. Indeed, he barely averaged more than a strikeout every other inning as a big leaguer. But he did pitch to a 3.82 ERA in 577 2/3 career MLB innings, owing in large part to his ability to limit the free passes (2.2 BB/9) and long balls (0.87 HR/9) while churning out groundballs (54.8% GB%).
For the Nationals, Alvarez is simply a player who’ll have a chance to show something in camp. The big question, perhaps, is whether he’ll be able to regain some of his lost velocity. After sitting at 94 with his four-seamer and sinker from 2011 to 2014, Alvarez clocked in at less than 92 mph with both pitches during his injury-shortened 2015 effort and short-lived 2017 return.
Braves Designate Adam McCreery
The Braves have designated lefty Adam McCreery for assignment, per a club announcement. His roster spot will go to just-inked slugger Josh Donaldson.
McCreery, 25, came to the Atlanta organization in the early-season 2016 swap that sent Jhoulys Chacin to the Angels. He has steadily moved up the ladder in the Braves system since his arrival, even briefly cracking the big leagues last year.
The 2018 season was McCreery’s first in the upper minors. He produced solid results, working to a 3.59 ERA in 62 2/3 innings (including his frames in the Arizona Fall League), but coughed up 5.7 free passes per nine to go with a healthy tally of 11.2 K/9. Whether the 6’9 southpaw can stay in the zone enough to establish himself at the MLB level remains to be seen.
Braves Sign Josh Donaldson
7:27pm: The signing is now official, with the Braves announcing it.
1:35pm: The Braves have reportedly made the largest free-agent strike of the offseason so far, agreeing to terms on a one-year contract with former American League MVP Josh Donaldson. The contract is said to guarantee Donaldson the same $23MM salary he earned in 2018 and will give the MVP Sports client an opportunity to re-enter free agency next winter — hopefully on the heels of a healthier, more productive season than the injury-ruined 2018 campaign through which he just struggled.
Donaldson, 33 in December, was limited to just 219 plate appearances this year as he battled a shoulder issue early in the season and a calf injury that cost him roughly three months of action. He posted a solid but unspectacular .246/.352/.449 batting line and eight homers when healthy — above-average production relative to the rest of the league but a tremendously far cry from the composite .282/.377/.524 batting line he logged from 2013-17.
[Related: Updated Braves depth chart and Braves payroll outlook]
If healthy, Donaldson will give an already imposing Braves lineup a massive boost — to say nothing of top-shelf defense at the hot corner. Atlanta already had premium glovework at third base thanks to Johan Camargo, but the Braves will now have the luxury to deploy Camargo at a number of positions. Camargo, soon to turn 25, can give the Braves some cover at third base, shortstop and second base at the very least. Speculatively speaking, it wouldn’t be a surprise to see Atlanta try him in the outfield corners during Spring Training as well; if Camargo proved capable, the Braves could deploy him in a Marwin Gonzalez or Ben Zobrist-esque fashion, granting him fairly regular at-bats while spelling Donaldson, Dansby Swanson and Ozzie Albies, among others. The signing of Donaldson could push back the debut of prospect Austin Riley by nearly a full year, but Riley is still just 21 years old and has only played 150 games above Class-A Advanced. Some additional development time certainly won’t hurt — especially when considering his 29.5 percent strikeout rate in Triple-A last season.
The agreement with Donaldson marks a reunion between the slugger and general manager Alex Anthopoulos. The pair are well acquainted from Anthopoulos’ time as the Blue Jays’ general manager, with the trade that brought Donaldson to Toronto standing out as one of the most successful moves of Anthopoulos’ front-office career. (Kendall Graveman, Franklin Barreto, Sean Nolin and Brett Lawrie went to the A’s in return.)
The $23MM salary, combined with the reported $2MM salary the Braves will pay fellow free-agent addition Brian McCann, will push Atlanta’s Opening Day payroll projection to just north of $117MM. That’s already just about $1MM shy of their 2018 mark and $5MM shy of the all-time franchise record, so it seems apparent that the Braves’ NL East title and emerging core have spurred ownership to become more aggressive in terms of payroll. By adding Donaldson to the heart of a lineup that also features Rookie of the Year Ronald Acuna and perennial MVP candidate Freddie Freeman, the Braves have made an early splash that’ll have significant ramifications on the 2019 division race and put additional pressure on rivals like the Phillies, Nationals and Mets to further act to bolster their rosters as they seek to remain competitive in a rapidly improving division.
Steve Phillips of MLB Network Radio on SiriusXM first tweeted that the two sides were nearing a deal. Ken Rosenthal of The Athletic reported the agreement and the terms.