Rays, Pirates Complete Sean Rodriguez Trade
DEC. 12: The Rays announced that they have acquired right-hander Buddy Borden from the Pirates to complete the trade (via Marc Topkin of the Tampa Bay Times).
The 22-year-old Borden was Pittsburgh’s seventh-round pick out of UNLV in 2013 and spent this past season in the Class-A South Atlantic League. There, he pitched to a 3.16 ERA with 8.6 K/9 and 3.4 BB/9 in 128 innings (26 starts, 27 appearances total). At the time of the draft, Baseball America (subscription required) praised his durable, athletic build and a 90-92 mph fastball that could touch 95. However, BA also noted that his secondary pitches were below average, which could point to relief work in the long-term.
DEC. 1: The Pirates announced that they have acquired infielder Sean Rodriguez from the Rays in exchange for a player to be named later and cash considerations. First baseman Gaby Sanchez has been designated for assignment to clear roster space.
Rodriguez was designated for assignment by the Rays last week. The 29-year-old, projected to earn $2MM via arbitration by MLBTR contributor Matt Swartz, posted a career-high 12 home runs in 2014 with a career-best .232 isolated power mark, but the rest of his stats took a tumble. Rodriguez batted .211/.258/.443 on the whole, walking at a career-low 3.9 percent clip while striking out in nearly 26 percent of his plate appearances.
Rodriguez is able to play all four infield positions as well the outfield corners, and he generally has posted plus defensive marks as an infielder. The Pirates are set to enter the season with Josh Harrison at third base, Jordy Mercer at shortstop, Neil Walker at second and Pedro Alvarez at first, and Rodriguez can back up all four of those positions at a reasonable price.
Sanchez, who turned 31 in September, struggled through one of the worst seasons of his career at the plate this past year, batting just .229/.293/.385 with seven homers. The right-handed hitting Sanchez is best served as a platoon bat, as evidenced by the 170-point differential between his career OPS marks versus lefties and righties. He did hit a respectable .256/.318/.429 against southpaws in 2014, so he’d make a good platoon partner for someone like Adam Lind in Milwaukee. However, with a projected arb salary of $2.7MM, interested teams may first hope that he can be claimed off waivers or even clears waivers rather than giving up a minor prospect in a trade.
Astros Sign Pat Neshek
Already having added Luke Gregerson, the Astros announced on Friday the signing of fellow right-handed reliever Pat Neshek. The client of Meister Sports Management receives a $12.5MM guarantee over two years, with an option for a third.
Neshek will take home $5.5MM next year and $6.5MM in 2015, with a $500K buyout of the club option. The option’s value will land between $6.5MM and $9MM, escalating based upon games finished.
The side-armer was already a great story before his 2014 campaign, but the tale only improved after he dominated the league after joining the Cardinals on a minor league deal. Neshek posted a 1.87 ERA with 9.1 K/9 against a paltry 1.2 BB/9 over 67 1/3 frames in St. Louis.
True, Neshek had logged productive campaigns in the past, at least in terms of results. But the true breakout for the now-34-year-old came in the peripherals. In addition to that sterling K/BB ratio, Neshek registered a 2.37 FIP, 3.29 xFIP, and 2.55 SIERA in 2014, suggesting that his run prevention was no fluke.
Whether he can maintain that level of performance going forward remains to be seen, of course. Most concerning, perhaps, is the fact that Neshek benefited last year from unseasonable HR/FB and BABIP numbers (both against league and his career averages). But that’s a reasonable risk to take given the dominating ceiling he has now established.
MLBTR’s Steve Adams explained his case for a two-year, $10MM prediction in his free agent profile of Neshek back in October. Neshek topped that by a not-insignificant margin, and will surely feel confident that he did not leave any money on the table in his best chance at a big payday.
Bob Nightengale of USA Today had the first report on Twitter. Jon Heyman of CBSSports.com tweeted that agreement was struck. Derrick Goold of the St. Louis Post-Dispatch reported the financial terms on Twitter, with Brian McTaggart of MLB.com tweeting that the deal includes an option. ESPN.com’s Jerry Crasnick reported the full salary breakdown (Twitter links).
Photo courtesy of USA Today Sports Images.
Astros Sign Luke Gregerson
The Astros have made a significant investment in their 2015 bullpen, announcing a three-year deal with reliever Luke Gregerson on Friday. Houston had been pursuing several angles to add one more more late-inning relievers and reportedly came to an agreement on the $18.5MM pact with Gregerson at this week’s Winter Meetings.
Gregerson gets $6MM in 2015 followed by $6.25MM salaries in the next two years of the deal. The deal includes incentives that could boost its value to $21MM for the Tom O’Connell client. Specifically, Gregerson’s 2016 and 2017 salaries will increase by $250K for reaching 45, 50, 55 and 57 games finished the previous season. If he finishes 100 games from 2015-16, his 2017 salary jumps an additional $500K.
The deal may be surprising at first glance, but only if you have not been paying attention to how good Gregerson has been. In a free agent profile of Gregerson, MLBTR’s Tim Dierkes pegged him for $20MM over three years, noting that Gregerson’s 2.75 ERA over the last six seasons rates fourth among relievers who have thrown a minimum of 350 frames.
Gregerson, 30, has been both healthy and good for basically his entire career. He gives up few walks, generates plenty of groundballs, and consistently limits opponents to soft contact. Though his strikeout rates dipped somewhat last year, he also posted a career-low 2.12 ERA.
Gregerson has reached those numbers without relying on fastball velocity. Instead, Gregerson has managed to continue dominating with his outstanding slider even as his fastball has dipped into the high-80s.
The move represents a big upgrade for the Astros, whose relief corps combined for a league-worst 4.80 ERA last year. Houston beat out the Blue Jays, Giants, Red Sox, Rockies, Cubs, and White Sox, Jon Heyman of CBSSports.com tweets. As Dave Cameron of Fangraphs writes, Gregerson could also turn into a useful trade piece for the club depending upon how things shake out. As for the rest of the relief market, Gregerson probably sets the target now with top arms David Robertson and Andrew Miller already off the board.
Bob Nightengale of USA Today first reported the agreement and terms (via Twitter). ESPN’s Jerry Crasnick (Twitter link) and the Houston Chronicle’s Evan Drellich provided details on the incentives.
Photo courtesy of USA Today Sports Images.
Wade LeBlanc Signs With Seibu Lions
Left-hander Wade LeBlanc has signed with the Seibu Lions of Japan’s Nippon Professional Baseball, according to a tweet from his agency, CAA Baseball.
The 30-year-old LeBlanc was non-tendered by the Angels this winter despite a projected salary of $800K and largely positive results in a Halos uniform. The former second-round pick posted a 3.45 ERA and a 21-to-6 K/BB ratio in a small sample of 28 2/3 innings with the Angels, but 10 2/3 of those frames came over a pair of scoreless September starts after the season-ending injuries to Garrett Richards and Tyler Skaggs.
LeBlanc has a lifetime 4.47 ERA with 6.1 K/9 and 3.2 BB/9 in 446 2/3 innings between the Padres, Marlins, Angels, Astros and Yankees.
Cubs Sign Jason Hammel
After a brief stop with the A’s, Jason Hammel is headed back to the Cubs on a two-year deal with a club option for a third season, the team announced. Hammel’s contract is reportedly worth $20MM, and the club option is valued at $10MM.
Hammel will earn an even $9MM in each of the guaranteed years, and his option comes with a $2MM buyout. However, the option becomes mutual if Hammel reaches 200 innings in 2016 or if he is traded.
Hammel signed a one-year deal with the Cubs last February, then enjoyed a strong half-season in Chicago before heading to Oakland in the Jeff Samardzija deal. Now, the Octagon client will return to the place where he re-launched his career.
Hammel significantly improved his strikeout rate (8.1 K/9, to go with a 3.47 ERA and 2.2 BB/9) in 2014 following a down season with the Orioles, and he pitched 176 1/3 innings, his highest total since 2010. The 32-year-old seems therefore likely to land a much more significant deal this time around than the $6MM he got from the Cubs in 2014. In October, MLBTR’s Jeff Todd predicted Hammel would get three years and $30MM. This offseason, Hammel had been connected to the Marlins, Royals and Astros, along with the Cubs and other teams.
This winter’s market for free agent starting pitching had been at a near-standstill (with A.J. Burnett, who was only interested in signing with the Pirates, being the only significant signee so far), and it appeared that many second-tier free agents might wait for a top pitcher like Jon Lester to sign to see how their own markets would develop. It appears, however, that Hammel and his agent Alan Nero might be on the verge of getting a deal they like anyway.
The Cubs were, of course, widely known to be looking for top pitching this offseason. Signing Hammel would help them stabilize the middle of their rotation, but presumably would not preclude them from continuing to pursue an ace like Lester.
The reported terms make for an attractive price for Chicago. MLBTR’s Jeff Todd predicted before the offseason that Hammel would land a deal matching Scott Feldman‘s three-year, $30MM guarantee, noting that Hammel had a better case but more difficult market setting than did Feldman last year. The Cubs appear to have taken advantage of that fact to add Hammel without promising a third year.
For the rest of the supply side of the market, this deal sets a fairly low target. But it also removes a competitor from the field and perhaps keeps more overall money in play, and in that respect the contract should only benefit the large group of mid-tier starters who remain available.
Jon Heyman of CBSSports.com first reported that a deal was near on Twitter. Joel Sherman of the New York Post tweeted that the deal was done. Chris Cotillo of SB Nation (via Twitter), Jon Morosi of FOX Sports (links to Twitter), and Heyman (via Twitter) reported the financial terms.
Photo courtesy of USA Today Sports Images.
Rangers Acquire Ross Detwiler
After a season in which their pitching staff (and position players) were ravaged by injuries, the Rangers have added an arm to solidify their staff, announcing the acquisition Ross Detwiler from the Nationals. In exchange, Washington will receive righty Abel De Los Santos and infielder Chris Bostick.
Detwiler, a former first-round pick, enters his age-29 season after a somewhat disappointing 2014 campaign. Working from the pen, Detwiler threw 63 innings of 4.00 ERA ball with 5.6 K/9 against 3.0 BB/9.
Previously, Detwiler had established himself as a fairly solid starter: he carried a 3.46 ERA over 301 2/3 frames from 2011-13, most of it working from the rotation. But the Nats shifted him to the pen given the team’s stacked rotation and the possibility that his stuff would play up in that role. Realistically, he did not have much of a place on this year’s Nationals roster with several lefties and starting depth pieces in place.
The southpaw comes with just one year of control — at a projected $3.3MM price tag — but will provide Texas with a rotation option or possible swingman piece. MLB.com’s T.R. Sullivan writes that the Rangers will give Detwiler the opportunity to start, though he could ultimately end up in a setup role if that does not pan out. While it is perhaps optimistic to say he has significant upside at this stage of his career, Detwiler could still deliver plenty of value for the Rangers. In particular, his solid 46.5 percent career ground-ball rate should be an asset with Elvis Andrus and Adrian Beltre in the infield.
The 21-year-old De Los Santos split the 2014 season between Class-A and Class-A Advanced, posting an outstanding 1.92 ERA with 10.4 K/9 and 2.9 BB/9 in 56 1/3 innings of relief. In his review of the Rangers’ prospects, Fangraphs’ Kiley McDaniel mentioned De Los Santos as a potential power arm in the bullpen.
Bostick, also 21, was acquired by the Rangers in last year’s Craig Gentry trade. He spent the season with Class-A Advanced Myrtle Beach and batted a respectable .251/.332/.412 with 11 homers and 24 steals (though he was caught 11 times as well). Bostick ranked 18th among A’s prospects at the time he was dealt to the Rangers, but his numbers in the Florida State League represented a decline from his work in the Midwest League a year prior.
This swap largely kicks off the offseason for both clubs. They have previously been linked in several trade scenarios, but nothing has been consummated. In fact, per MLBTR’s Transaction Tracker, the last time Texas and Washington matched up on a deal, the Nats acquired Tanner Roark — the man who in large part kept Detwiler from a rotation spot last year.
Jeff Passan of Yahoo Sports first reported that the Rangers would acquire Detwiler (on Twitter). USA Today’s Scott Boeck reported that Bostick and De Los Santos were headed to the Nats (Twitter link).
Photo courtesy of USA Today Sports Images.
Minor Moves: Jeremy Hermida
Here are the minor moves on a Friday that should be a much quieter day than the previous four…
- Outfielder Jeremy Hermida, who was released by the Brewers yesterday to pursue an opportunity with an Asian club, has signed a $500K contract with Japan’s Nippon Ham Fighters, according to the Associated Press. The former Marlin hit .256/.370/.456 with the Brewers’ Triple-A affiliate last season. Hermida’s bat fell off sharply after hitting .267/.345/.432 from 2007-09 with the Marlins, and he hasn’t appeared in the Majors since 2012.
Red Sox Sign Justin Masterson
The Red Sox made another addition to their rotation by signing right-hander Justin Masterson to a one-year contract. Masterson will earn a $9.5MM base salary, plus he can earn another $2.5MM in total incentives by reaching certain innings thresholds. He’ll earn another $500K if he hits 185 innings, and then another $500K for every five innings after that, up to 205 innings.
Masterson, 29, fell off significantly last year after a three-year run in which he averaged 205 frames and a 3.86 ERA (that included outstanding campaigns in 2011 and 2013 sandwiched around a dud in 2012). In 2014, he scuffled to a 5.88 ERA in 128 2/3 innings last year, striking out 8.1 and walking 4.8 batters per nine while dealing with a variety of shoulder, knee, and back issues. Masterson lost nearly three ticks on his average fastball velocity last year, though he managed to carry a typically stellar 58.2% groundball rate.
In the aggregate, Masterson presents a classic buy-low opportunity after entering 2014 as a significant extension candidate or future free agent target. He will look to regain his form with the organization that drafted and developed him.
ESPN.com’s Buster Olney was the first to report an agreement between Masterson and the Red Sox. WEEI.com’s Rob Bradford reported the contract length and value while Ken Rosenthal of FOX Sports had the breakdown of Masterson’s incentives.
Photo courtesy of USA Today Sports Images.
Minor Moves: Villarreal, Noonan, Rangers
Here are today’s minor transactions, with the newest moves at the top of the post…
- The Twins have signed right-hander Brayan Villarreal to a split contract, ESPN’s Enrique Rojas reports (via Twitter). The deal contains an invitation to Minnesota’s Spring Training camp and Villarreal will earn $522K if he stays on the Twins’ Major League roster. Villarreal last pitched in the majors in 2013 and spent last season with the Red Sox Triple-A affiliate.
- The Yankees signed infielder Nick Noonan to a minor league deal, the New York Post’s Joel Sherman reports (Twitter link). Noonan, taken 32nd overall by the Giants in the 2007 draft, has a .262/.316/.368 slash line over 3322 career PA in the minors, all in San Francisco’s farm system. He appeared in 62 games with the Giants in 2013.
- The Rangers signed outfielder Antoan Richardson and right-handers Anthony Bass and Ross Wolf to minor league deals with Spring Training invitations, the team announced (hat tip to Jeff Wilson of the Fort Worth Star-Telegram).
- The Marlins are likely to sign free agent infielder Scott Sizemore, SB Nation’s Chris Cotillo tweets. Sizemore signed a minor league deal with the Yankees last winter and played in six games for the club before being released and re-signed over the summer. Due in part to a pair of major knee injuries, Sizemore has only appeared in eight Major League games over the last three seasons.
- The Brewers have released outfielder Jeremy Hermida so he can pursue an opportunity to play in Japan, the team announced. Hermida just signed a new minor league contract with Milwaukee in November. The former 11th overall pick (in the 2002 draft) and top prospect last played in the majors in 2012 as a member of the Padres.
Athletics Designate Shane Peterson
The Athletics have designated first baseman Shane Peterson for assignment, MLB.com’s Jane Lee tweets.
Peterson, 27 in February, has a grand total of two games on his major league resume. However, he has spent the bulk of the last four years in Triple-A Sacramento. In that span, Peterson owns a .294/.383/.452 slash line across 1,526 plate appearances.