Feb
22

Yanks sign Chan Ho Park

By

The Yankees will carry seven relievers, and last week I thought I had them figured out: Mo, Hughes/Chamberlain, Robertson, Marte, Aceves, Gaudin, Mitre. It appears that the Yankees are planning for one of that crew to start the season elsewhere. According to Joel Sherman, the Yankees have signed Chan Ho Park to a $1.2 million contract with another $300,000 attainable in incentives. The veteran righty pitched for the NL champion Phillies last season, and will pitch out of the bullpen for the Yankees in 2010.

More on Park later.

Categories : Asides

135 Comments»

  1. Kiko Jones says:

    Oh no, the budget!

  2. theyankeewarrior says:

    I think all this does is bump Mitre to AAA… didn’t I see that he has another option left?

    Or am I dreaming? Maybe they will deal him to LA for Hoffman’s rights?

  3. Edwar gone? Loser of the 5th starter goes to AAA? Excitement!

  4. Ron says:

    Chan Ho Park=Latroy Hawkins

  5. Dan says:

    Park sure did have a good second half last year. Not a bad signing here.

  6. Ben says:

    why would the yanks need, aceves, gaudin, mitre in the pen? its either one of mitre or gaudin gets shipped off somewhere or aceves gets sent down. or the one thing that will strt the debate again, the looser of the 5th starter battle starts the season in AAA.

  7. mvg says:

    He’ll have to shave that beard…

  8. Rose says:

    Now cmon guys, he wasn’t that bad on American Idol

    Oh wait, that’s John Park

  9. Accent Shallow says:

    Couldn’t possibly hate this move more. Signing a 36 year old who’s suddenly effective out of the pen? Might as well have lit that money on fire.

    • still waiting for a /bo’d

      or something.

      • Accent Shallow says:

        Nope, I’m serious. More depth is always a good thing, but when that depth is in the form of someone who’s been mediocre forever, and is 36, well . . . I’m not exactly enthusiastic.

        Maybe he’s figured something out, or maybe he’s the same average-ish pitcher he’s always been who had a hot second half.

        • Maybe he’s figured something out, or maybe he’s the same average-ish pitcher he’s always been who had a hot second half.

          Since finding out will only cost us a roster spot for a month or two… let’s find out.

        • Just check out that fangraphs piece above. You’ll be pleasantly surprised.

          • MattG says:

            The fangraphs piece does nothing to refute Swallow’s point. Fangraphs references his good half-year, nothing more.

            The jury is still out on whether Park’s successes are a result of real skill or fleeting skill. But he does have the decent starter = excellent reliever thing going for him.

            • Accent Shallow says:

              If people are going to start calling me “Swallow”, I’m going to have to change handles.

            • Over the last two years, Park has thrown 179 innings with a FIP of 3.90, good for a value of +1.8 wins. He’s done it by racking up 152 strikeouts while also posting an above average groundball rate, which is a classic recipe for success. Just based on that performance, we’d have to conclude that he’s something like a league average pitcher.

              MattG: “Fangraphs references his good half-year, nothing more.”

              Ah, so what you’re telling me is that you didn’t read the piece. That’s what you’re telling me.

              • MattG says:

                So what does 3.90 FIP mean to you, then? What does the term “average pitcher” mean to you?

                • Well, if you had read the piece, you would have seen that Cameron goes on to explain why Park is better than league average, or at least was in 2009. Part of it was luck, part of it was his stuff playing up out of the pen. But I’m not Microsoft Word’s auto-summary function. If you want to know more, you’re going to have to, you know, read the piece.

                • MattG says:

                  I read the piece, and let me say that my impression of it varies from yours. To me, Fangraphs was explaining how CHP was at that moment a very good pitcher with a good chance of getting Jeter out. Nothing in the article suggested he would continue to be a good relief pitcher for years to come, except for the fact that he was 1) a mediocre reliever, and 2) his stuff improved when he moved to the bullpen (using a chart in which I can’t actually see any improvement at all).

                  I think its you who did not read the article critically enough. Don’t believe everything you read.

                • “Well, if you had read the piece, you would have seen that Cameron goes on to explain why Park is better than league average, or at least was in 2009. Part of it was luck, part of it was his stuff playing up out of the pen”

                  That’s all I was saying. You can keep picking fights with me if you want, but my contention all along has been that there may be stuff to like above CHP going forward. Never said he would be a “good relief pitcher for years to come”.

                  I continue to be mystified by your insistence on starting shit with me. If you have a crush on me, you should just say so. Man up, son.

                • MattG says:

                  OK, I’ll respond. I read the piece, I thought it was about something different than you, and got annoyed when you insisted I didn’t read it.

                  I still say the article is about how Chan Ho Park has had a really good half year, he was a good match for Jeter in that at bat, and nothing more. At least, not what you are making it out to be.

                • You say “Saint Diego”.

                  I say “Whale’s vagina”.

                  Agree to disagree.

    • Bo says:

      How can you dislike this move? Whats the issue with another arm out there to compete?

  10. Jammy Jammers says:

    This signing was CLEARLY a way for the Yankees organization to appease their neighbors who have been protesting the lack of parks since the new stadium has been built.

    “Yankees spend 1.2 million on Park”

    Now GO AWAY hippies!!!

  11. eddieperez23 says:

    Solid move by Cashman. Park’s overall numbers for ‘09 are deceiving. If you check his splits last year as a SP vs RP…as a SP he had an ERA of 7.29 and 1.74WHIP. As a RP his ERA dropped to 2.52 and had a WHIP of 1.18 (He also struck out 52 batters in 50IP as a RP). Taking it one step further, after June he allowed only 5ER in 30IP.

  12. Rose says:

    Look on the bright side, we could rename our touristy area to “Chan-Ho Monument Park” to grab some more of the Eastern cultured fans…

    Other notable similar name changes that worked: Anthony Michael Dining Hall @ John Hughes High, John Wilkes Photo Booth @ your local mall, etc.

  13. Mike Axisa says:

    The Yankees are paying Chan Ho Park $1.25M. The Nationals are paying Brian Bruney $1.5M. Think about it.

  14. And, just to mischeviously rile shit up:

    Paying Park, Gaudin, Mitre, Winn, and Thames a collective 8M (roughly)
    >>>>>>>>>>>>>>>>>>
    Paying Johnny Damon 8M by himself

    • Bo says:

      Please stop making it seem as if these are the Twins or A’s here.

      They could have added Damon without blinking an eye and also Park and Gaudin.

      But then again you might be one of the few who think Winn/Thames/Gardner/Hoffmann is better than Damon.

      • MattG says:

        Mr. Damon, I would like to meet the edge of this cliff…

      • But then again you might be one of the few who think Winn/Thames/Gardner/Hoffmann is better than Damon.

        A) Collectively, yes, they damn well might be.
        B) Boversimplifying as usual. Even if Winn/Thames/Gardner/Hoffman don’t equal Damon’s production, unless Damon is going to start moonlighting as a three-armed relief pitcher capable of throwing 200+ innings out of the bullpen, you’re leaving out an important part of this equation.

        For the money we would have paid Damon, we got a four-headed LF monster that can approximate his production AND enough payroll room to add 2-4 big league relief pitchers.

      • Rose says:

        They could have added Damon without blinking an eye and also Park and Gaudin.

        No they couldn’t have. And they didn’t. They publicly spoke of a budget…and stayed within that budget while bettering the team with several pieces rather than just one.

        And just like death and taxes, you’re wrong again.

      • Please stop making it seem as if these are the Twins or A’s here.

        You’re right, we’re not the Twins or the A’s. The Twins and A’s have a 100M budget.

        We have a 200M budget.

        The size of the budget is different, but the fact that the budget exists does not. Have we made exceptions to the budget on occasion for elite players? Yes.

        Johnny Damon is not longer an elite player. The sooner you come to that realization, the better.

      • Ana says:

        They could have added Damon without blinking an eye and also Park and Gaudin.

        Why do some people seem to think that the Yankees budget doesn’t actually exist?

      • Did you miss the part of the off-season where the Yanks offered Damon 2 at $14 million and 1 at $6 million only to have those offers be completely rebuffed? Did you miss the fact that the Yanks have an honest-to-God budget?

        Neither of those two facts help your argument. Thus, you ignore them. Good work there.

        • Dean says:

          Ben, what I didn’t miss is that when the Yanks WANT a player, they don’t offer him a 40 percent paycut…

          Cashman is totally disingenuous. He NEVER wanted Damon back. He KNEW 2 years at 10 mil per year would get it done. That’s couch money for the Yanks…

          When the Yanks WANTED Damon after the 05 season, I seem to recall they didnt offer him a paycut…In fact, they offered him $52 mil for 4 years – based on numbers Damon put up for Boston…Damon pretty much duplicated those numbers in New York and came up huge in October.

          Yanks dont do breakups well….See Torre, Bernie….

          When the Yanks are paying Nick “Hospital Bed” Johnson nearly 6 mil (for what?) and that stiff Kei Igawa…aka The Gimp, 20 mil to toil in obscurity and never play for the big club, well “Cash” should re-evaluate who he wants to play hardball with…

  15. Justin says:

    Replace Wang with some Ho.

    What a relief.

  16. MattG says:

    CHP > Mitre, so in that respect, fist pump.

    But, 36 YO reliever enjoys career half-year…if it doesn’t work out, he can form a support group with Ron Mahay and Juan Cruz, among dozens of others.

  17. Mike HC says:

    I love this website. Where else would you get a firestorm of about 100 comments starting at eight in the morning when a World Championship team that just signs a career journeymen pitcher to pitch out of the pen. Gotta love it.

    As to the signing, after losing Matsui and Wang, maybe the Yanks needed to fill their Asian quota.

  18. A.D. says:

    I feel like this late in the game should have been able to get him for cheaper, but decent move none the less.

  19. ggc says:

    Park has(had?) the best beard in baseball and perhaps the best Asian beard in general. If I had his beard ( well I do kinda) I would’ve gone to a club with a more manly facial hair policy.

  20. mustang says:

    “Brian Cashman lobbied ownership to expand the payroll for Park, but now Chad Gaudin or Sergio Mitre could be traded.”

    They have a budget until Brian really wants something and then he calls big daddy Hal.

    Yankees budget= joke.

    • The Yanks spent $1.1 million on Randy Winn and had a few extra bucks to spend. When Chan Ho Park’s price dropped, the Yanks found the few extra dollars. Here’s what Sherman had to say:

      Essentially, the Yankees had $2 million remaining in their budget when Randy Winn was signed for a $1.1 million. But as Park’s price kept falling, Yankees GM Brian Cashman continued to lobby ownership to expand the payroll because the organization viewed Park as one of the top relievers on the market.

      And when the price fell further over the course of the week, from $1.5 million to $1.2 million, Yankees ownership finally approved the signing. Park had rejected a $3.25 million offer to stay in Philadelphia in the middle of the offseason, and his price has been steadily falling since then. The Cubs were among the teams hoping to sign him recently.

      The Yankees had traded Brian Bruney at the Winter Meetings because they felt he would be overpaid. He lost in arbitration last week and was awarded $1.5 million. The Yanks view Park as far superior to Bruney, which was another reason the $1.2 million price tag was too hard to ignore.

      And that’s how a business is run.

      • mustang says:

        They dropped 1.2 million on a 36-year-old journeyman reliever that one can easily argue is not needed. So if you want to live under the delusion that Yankees are on a budget go right ahead it goes well with that other delusion about the Yankees not making any money last year.

        • Essentially, the Yankees had $2 million remaining in their budget when Randy Winn was signed for a $1.1 million.

          Meaning that we still had 0.9M in the budget.

          And when the price fell further over the course of the week, from $1.5 million to $1.2 million, Yankees ownership finally approved the signing.

          Meaning the Yankees didn’t go 1.2M overbudget to sign a 36-year-old journeyman reliever that one can easily argue is not needed, they went 300k overbudget to sign a 36-year-old journeyman reliever that one can easily argue is not needed.

          Going 300k overbudget to add a journeyman reliever who happened to be one of the most dominant relievers in 2009 is a good and worthy exception to the budget. Low risk, high reward.

          It’s not proof that the budget is not real, though.

          • mustang says:

            I disagree, but fair enough. I would love to see what would happen to the “budget” come the trading deadline and someone is dumping a player that the Yankees need?
            Be true to your DNA folks it’s not like we are Pirates fans.

          • mustang says:

            Your forgetting Thames’ $900,000 if he makes the team and the performance bonuses to other players. That budget line is fading fast for a “fiscally responsible” team like the Yankees.

      • And going overbudget by 1M is a whole pantsload different than going overbudget by 7M.

        • mustang says:

          It still over budget for the new fiscally responsible Yankees I’m shocked.
          There is no such thing as being a little pregnant.

          • Rooney87 says:

            Well my guess is this signing means Mitre or Gaudin won’t be a Yankee. In Spring its between them for the 6th starter/long man as Aceves is going nowhere. So getting rid of one of those 2 will free up money for Park keeping it in the budget.

          • There is no such thing as being a little pregnant.

            True. But there IS such thing as being just a little bit overbudget. And, you can also easily become underbudget again.

            Pregancy is probably the worst possible analogy you could have made in this situation.

            • mustang says:

              OK.
              My Mo the Yankees draws the line on Damon and now they are the fiscal role models for baseball. If the Yankees are so fiscally responsible then they should try getting under the luxury tax next year. They can start by not signing Mo or Jeter LMAO.
              But they wouldn’t
              Because they don’t have to
              Because they ARE THE NEW YORK YANKEES!

              Thank Mo!

    • Yankees budget= joke.

      Had we signed Johnny Damon this week to an 8M or 9M deal after saying all winter that we can’t fit him in the budget, I’d agree with you.

      Park isn’t making 8 or 9M. He’s making 1.25 or 1.55M. And his signing most likely means one of the other cheap bullpen swingman pitchers (i.e. Gaudin or Mitre) will be moved to another team at some point, which will most assuredly come with a corresponding cost savings making Park’s signing budget neutral.

      So no, signing Chan Ho Park to a 1.25-1.55M one year deal on Monday, February 22nd does not mean that the Yankees budget is a “joke”.

  21. Jim Cavanaugh says:

    Nice move, no problem with it at all. Depth looks real good right about now and Park pitched great as the season wore on last year. I would guess this would soon signify the end of the Mitre era or could it be “Waiting for (a trade of) Gaudin” ?

  22. Zack says:

    Park for 1.25m >>>>>>>>>>>> Escobar for 1.25m (5 innings over last 2 seasons)

    Omar fail once again.

    • Yeah, but Escobar has a higher upside. And the Mets don’t need a solid, reliable bullpen guy who’s ceiling is middle relief, they need to swing for the fences with a high-upside lottery ticket that may produce at elite, pseudo-closer levels. That’s Escobar. If he can be healthy, he can be dominant. Park’s probably not going to be dominant, just solid.

      • Zack says:

        I give Park better chances of being dominant than Escobar.
        Then again, I usually dont pick a guy who has 5 innings (+20 minor league innings) combined in the last 2 seasons to have a dominant season.

  23. JohnC says:

    Why can’t some people just get over this Damon thing? He’s gone. Thats it! Move on!

  24. T-Dubs says:

    More IP for the Yanks this year: Gaudin or Swisher?

  25. PaaakmaaaN the second says:

    yes!!! a korean…Now my dad will take me to more baseball games.

  26. will says:

    Can Mitre be sent to the minors is he passes through waivers?

  27. [...] most of you, I was surprised to find out the Yankees had signed Chan Ho Park to a one-year deal when I woke up this morning. We heard some rumblings about the team having possible interest in [...]

  28. Hughesus Christo says:

    HUGHES TO TEH SCRANTON!1!!!!!!!1

  29. [...] Ho Park finally made it to Tampa today, a week after agreeing to a deal with the team. It’s only a matter of time before we find out who will be sacrificed to open [...]

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