Archive for December, 2011
Five stages of grief over a $189 million payroll
Posted by: | CommentsNote: In case there was any confusion, I recognize that this is firmly in Spoiled Yankees Fan territory.
Reactions to news that the Yankees desire to trim payroll by 2014 have resembled the Kübler-Ross model. First came denial: no way the Yankees would actually do this. They’re just setting a smokescreen. Then came anger: how can the Yankees trim their payroll while they raise ticket prices? That leaves three stages remaining: bargaining, depression, and acceptance. Let’s see if we can run though these in short order, so that we can prepare ourselves in case the Yankees actually do intend to duck the luxury tax cap in order to lower their payments once they re-cross the threshold.
Bargaining
The biggest issue with trimming payroll is that the Yankees need players to fill key spots. While they have all of their position players under contract for 2012, they could still use another starting pitcher. Nick Swisher then becomes a free agent after the 2012 season, leaving a spot in right field that the Yankees would be hard pressed to fill internally. These things cost money to fill.
Yet we still want the shiny toys. We want Yu Darvish this year, and we want Cole Hamels next year. We want a big bat to take over for Swisher in right — it was Matt Kemp previously, but surely fan desire will turn to another worthy candidate in time. Again, these players come with big price tags. It’s hard enough to fit them into a $210 million payroll, let alone a $188 million one. But we can make this work, right?
According to Joel Sherman’s original article on the payroll issue, the Yankees already have about $85 million committed to the 2014 payroll, at least as it concerns luxury tax. That covers Alex Rodriguez, Mark Teixeira, CC Sabathia, plus “about a $10 million charge for benefits, such as pensions.” Then there’s another possible $6 million if A-Rod hits his 714th homer in 2014; if he’s anywhere near that mark at the end of 2013 they have to assume that $6 million charge. That could conceivably put them at $91 million for three players.
Want to sign Robinson Cano to a long-term deal? That’ll likely mean a contract with an average annual value between $22 and $24 million. Even then, they’re covered at 3B (optimistically), 1B, 2B, and one starting pitcher. Derek Jeter could exercise his player option for $8 million. Brett Gardner will still be around, but won’t be cheap in his third year of arbitration. Ditto David Robertson. Jesus Montero, thankfully, will still make about a half million, which will soothe the payroll a bit. Ivan Nova will just hit his first year of arbitration, giving them another relatively cheap producer. That still leaves them with voids to fill in center field, right field, the bullpen and rotation, catcher or DH, and maybe shortstop. It’s a long list.
So where does that leave us? At a conservative $15 million estimate for Gardner, Robertson, and Nova, $23 million for Cano, and $8 million for Jeter, that brings us to $137 million. OK. That doesn’t look too bad. Counting Montero, that’s nine players. Surely they can sign the remaining 14 players for $50 million, right? Well, that depends on how you want to fill the spots. Want Darvish? That’s probably a $10 million AAV. Want Cole Hamels next off-season? That could be another $22 million. See how quickly that money gets spent? Even if they go with just Darvish, that still leaves them just $40 million for 13 spots, including two in the outfield.
That leads us to…
Depression
It does appear that the Yankees will have to scale back on spending at some point if they do intend to get to $189 million. The biggest obstacle is the money already on the books. That $91 million for three players puts the Yankees at a great handicap, since it represents essentially half of their available payroll. That leaves them with the same amount of money to sign the entire rest of the roster. Needless to say, that’s not an easy proposition.
Again, looking at the above back of the napkin calculation, the Yanks have 14 spots to fill for $50 million — and that assumes that Montero is the real deal and can either catch, or can hit well enough to remain at DH. But there are still those holes in the outfield, in the starting rotation, and in the bullpen. Sure, on the bench and in the bullpen they can probably get away with five or six guys making the league minimum, so that gives us eight spots to fill for $47 million. But even one high-priced pitcher changes that equation drastically.
That’s still do-able, in a way. If the Yankees can make use of six or seven guys making the minimum — and that can be guys such as Mason Williams and Manny Banuelos as starters, or guys such as Adam Warren, Brandon Laird, and Dellin Betances as reserves and bullpen arms — they’ll have a bit more flexibility. In fact, if they score a few key hits from the minors they very well could fall into this payroll range. No, that’s not the depressing part. The depression comes from the players already under contract.
In 2014 A-Rod will be 38, and turn 39 in July. Jeter will be 40 that June. Less troublesome are Teixeira at 34 and Sabathia at 33. No, the depression comes from the spots and money essentially guaranteed Rodriguez and Jeter. Maybe Jeter retires, though that opens up yet another spot without a viable replacement in the system. A-Rod, though, will make $26 million in 2014. What’s worse, Yanks fans had better hope he makes $32 million. He has 85 homers to go until he triggers his second home run milestone bonus, at 714. If he’s not poised to hit that milestone in 2014 it’ll mean he’s averaging fewer than 30 homers per year. For the money they’re paying him, the Yanks need that kind of production from Rodriguez. Yet given his injuries lately, it seems a longshot to think he’ll live up to that standard.
Acceptance
Is it going to suck watching the Yankees scale back their spending in the name of circumventing luxury tax payments? Absolutely. Will it mean they miss the playoffs a year or two? With the added Wild Card they’ll have a better chance of making it, but the competition in the AL has increased. The only fun that will come of this will be the chances they give prospects. If they’re not committing big money to additional positions, then they pretty much have to give the kids a shot.
The only thing to do at this point is accept it. The Yankees have these three huge contracts on the books, and nothing they can do will reduce their current 2014 luxury tax level. If the Steinbrenners really do want to save the luxury tax money, there’s nothing we can do to stop them. They know the repercussions of putting a subpar product on the field, and they know the consequences of missing the playoffs. We can only trust that they’ll make decisions with that knowledge in mind.
Bonus: Denial Again!
But seriously. With the three-team scrum in the AL East, combined with the enormous incentive to win the division, the Yanks can’t be serious about trimming payroll, right?
Saving money on Sabathia’s extension
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(AP Photo/Frank Franklin II)
A few weeks ago, the Yankees and CC Sabathia came to an agreement on a new contract extension that will presumably keep him in pinstripes for the rest of his career, a deal that also prevented the lefty from opting out and becoming a free agent. For all intents and purposes, it’s a five-year contract worth $122M plus a sixth year vesting option worth $25M that depends on the health of his shoulder. Since he had four years and $92M left on his original deal, all the team did was tack another year and $30M on top of it.
Given how the last few weeks have unfolded around baseball, there’s a pretty good chance that one year and $30M represents a significant bargain for the Yankees. When the new extension was reported, we learned that the team originally offered Sabathia a five-year contract worth $120.5M with no option, so essentially what Cliff Lee took from the Phillies. The Yankees didn’t want him to opt out, so they upped their offer to include the vesting option and another $1.5M, good enough to keep him around. That’s the going rate for a 31-year-old ace on the open market, at least prior to this winter.
Before agreeing to a five-year, $77.5M contract with his hometown Angels, C.J. Wilson received a six-year offer from the Marlins that approached $100M. A few days prior to that, Miami signed Mark Buehrle — a bonafide workhorse, but also a slightly older and less effective version of Sabathia — to a four-year pact worth $58M. Albert Pujols managed to get ten years, Jose Reyes and his bum hamstrings got six years, and chances are Prince Fielder is going to get something insane as well. There was certainly a lot of money to be spent this offseason.
Had he actually hit the open market, Sabathia would have been the undisputed top pitcher available. Pujols and Fielder were the only other players on the market available capable of providing the kind of impact Sabathia can as well. We’ll never know for sure, but chances are the Marlins and Angels would have pursued him, perhaps the Nationals as well, and of course the Yankees would have been involved. That five-year, $122M with a vesting option contract extension could have turned into six guaranteed years pretty quick, maybe even as many as seven years. Five years and $122M was a fair deal at the time that sudden looks like a little bit of a steal for the team.
As expected, Sabathia has already started to shed some weight this offseason. He’s been using the same conditioning program as last winter, when he lost 30 lbs., and Ken Davidoff said he was noticeably slimmer at a recent charity event. “Just maintain it during the season,” said Sabathia, acknowledging that he did gain weight back during the summer. The Yankees re-invested heavily in their ace this offseason, but the contract damage could have been a lot worse if they didn’t up their initial offer to prevent him from hitting the open market.
Reds sign Andrew Brackman
Posted by: | CommentsIt seemed curious when, in early November, the Yankees declined their $2 million option on Andrew Brackman. That doesn’t seem too unreasonable for a former No. 1 pick, especially one who has, at times, shown promise. The reasons for the Yankees cutting bait weren’t immediately clear, so the possibility remained that he’d re-sign with the team on a minor league deal. That is no longer an option. According to Jon Heyman, the Reds have signed Brackman to a one-year deal at the major league minimum. He grew up in Cincinnati, so I’m sure that factored into his decision. While the Yankees optioned him three times — 2009, 2010, and 2011 — the Reds can apply for a fourth option since he used up his three original options within his first five pro seasons. Brackman was always a pipe dream of a prospect for the Yanks. Here’s hoping him the best in Cincy.
Love Me Non-Tender
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(Jared Wickerham/Getty Images)
I’m fairly certain we’ve used that headline for every non-tender deadline in RAB history, but I’m not going to stop until someone tells me to. Anyway, last night was this year’s non-tender deadline, when teams had to offer contracts to their players with less than six years of service time or cut them loose. The Yankees unsurprisingly tendered all of their eligible players contracts, but of course not every team followed suit. There’s a whole new batch of free agents on the market this morning, some more interesting than others.
A full list of non-tenders can be found here, and we’ve already talked about several of them. That includes Hong-Chih Kuo (interesting, but not sure if he wants to play next year), Ryan Spilborghs (hasn’t hit lefties in three years), and Joe Saunders (lefty reliever only). Unfortunately neither Tom Gorzelanny (lefty reliever candidate) nor Joe Thatcher (held lefties to .185/.250/.259 with a 5.23 K/BB ratio last three years, bothered by shoulder problems in 2011) were non-tendered, so the Yankees won’t be able to scoop them up for nothing but money and a roster spot.
A few people have already asked about Luke Scott, who the Orioles cut loose. He’d make a lot of sense for the Yankees if they needed a DH since he’s a left-handed power hitter willing to work counts and draw walks, but they don’t. Calling him an outfielder is a stretch, and they absolutely shouldn’t let him (or any free agent, really) take at-bats away from Jesus Montero next season. He just isn’t a good fit. I’d rather see the Yankees try to sign Jeremy Hermida to a minor league deal if they want to add some lefty hitting outfield depth, since the out-of-options Chris Dickerson is likely to end up elsewhere. Here’s a few more non-tenders of note…
(Keppinger via Jed Jacobsohn/Getty; Rhymes via Nick Laham/Getty)
Jeff Keppinger & Will Rhymes, IF
The Yankees have been connected to Keppinger quite a bit over the last year or so, as they showed interest in trading for him last offseason before he needed foot surgery in January. The 31-year-old was terrible in 2011 (.295 wOBA in 399 PA), but he’s shown flashes of being something more than a zero with the stick in the past. His .332 wOBA in 2010 was fueled by an 8.9% walk rate, and he excels at making contact (just 6.2% strikeouts and 2.8% swings and misses in his career). Just don’t expect any power whatsoever (career .108 ISO). Keppinger can play second and third, but he hasn’t logged many innings at short in recent years.
Rhymes, 28, is a tad more interesting. His big league performance (.313 wOBA in 312 PA) isn’t anything special, but he’s a .290/.357/.386 career hitter in nearly 1,400 Triple-A plate appearances. Rhymes is essentially a left-handed version of Keppinger, meaning he has no power (.085 ISO in the minors), draws a fair amount of walks (8.0% in the bigs, 8.8% in Triple-A) and makes a lot of contact (9.0% strikeouts and 2.8% swings and misses in MLB, 10.5% strikeouts in Triple-A). Although the Tigers had him play second base exclusively the last two years, he’s seen time at third and short in the minors. Interestingly enough, Detroit non-tendered Rhymes even though he has less than one year of service time, so whatever team signs him will control him through 2017. From what I can tell, he even has one minor league option remaining.
(Slaten via Greg Fiume/Getty; Mijares via Jason Miller/Getty)
Doug Slaten & Jose Mijares, LHP
Brian Cashman insists that left-handed relief help isn’t a priority at the moment, but you know they’re going to keep an eye out for anyone that could be useful in that role. They added Cesar Cabral through the Rule 5 Draft after bringing Mike O’Connor aboard on a minor league deal, and now they’ll have a crack at Slaten and Mijares.
Slaten, 32 in February, has managed to appear in 204 games over the last five seasons, holding lefties to a .241/.304/.361 batting line with 73 strikeouts and 23 walks in 301 plate appearances. He’s a big guy (listed at 6-foot-5, 215 lbs.) without big stuff (upper-80′s fastball and low-80′s slider, so generic LOOGY stuff), and he missed time with nerve damage in his elbow in 2011. Mijares, 27, is a shorter and fatter version of Slaten (6-foot-0, 230 lbs.) with his upper-80′s heat and low-80′s slider, but his velocity dropped off big time this year. He’s held same side hitters to a .212/.276/.331 batting line with 65 strikeouts and 21 walks in 287 career plate appearances, but those numbers are worse since his 2009 breakout (.259/.323/.406 with 33 strikeouts and 11 walks in 156 plate appearances).
Peter Moylan, RHP
Unlike the other guys mentioned in this post, Moylan would be an injury reclamation project. He missed basically the entire 2011 season with a bulging disc in his back, and he just had surgery on his labrum and rotator cuff in September. It wasn’t a total repair, more of a cleanup that will keep him on the shelf for six months.
The 33-year-old from Australia is a low-arm slot righty specialist more than anything, using an upper-80′s sinker and upper-70′s slider to get ground balls (career 64% grounders) and hold righties to a .215/.276/.301 batting line over the last six years. Moylan won’t strike many guys out, not even righties (23.0% strikeouts), and he’s damn near unusable against lefties (.277/.406/.381 career). It remains to be seen how Moylan’s stuff will rebound following the back and shoulder injuries, but he’s basically another Luis Ayala, just with more ground balls and fewer strikeouts. You can do worse as the seventh guy out of the bullpen.
An Informed Opinion of Yu Darvish
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(Junko Kimura/Getty Images)
Yu Darvish has been and will continue to be a hot topic for at least another week, until we learn which MLB team placed the highest bid for his negotiating rights. It could very well be the Yankees since they have the most money and the need in the rotation, but if you believe what they’ve been saying the last few days, they might not even make a bid at all. I have a hard time believing that, but I guess stranger things have happened.
Meanwhile, until we find out who wins the bid, we’re left debating why the Yankees should or shouldn’t pursue Darvish. We all have our own opinions, but for the most part we’re lacking information. We just don’t know much about the guy, just what we’ve ready over the last year or two. I’m not sure many of us have seen him pitch regularly, and it’s tough to have an informed opinion that way. In an effort to shed some light on Darvish, I’m bringing in Patrick Newman of the indispensable NPB Tracker for some help since he’s actually seen the guy pitch pretty regularly over the last few years.
I met Patrick for the first (and only) time this part March, while in Arizona catching some Spring Training games. We chatted about Darvish and some other players, but what stuck with me most was the list of flaws Patrick rattled off about Japan’s best pitcher. One thing I remembered was him saying that Darvish would get away with some pitches in Japan that MLB hitters wouldn’t let him forget, but otherwise I couldn’t remember much of the conversation. I asked him to repeat that list of flaws to share with the RAB faithful, and he ended up writing nearly 450 words about Darvish. Here are those 450-ish words, unabridged…
First of all, you have a really good memory.
My assessment of Darvish was based on what I saw last season (2010). My big concerns were that he seemed to go to his vertical slider (which is really more like a power curve) quite a bit, and my perception was that he was leaving a lot of them hanging over the middle of the plate. NPB hitters seemed to foul those pitches back a lot of the time, and he wouldn’t get away with those types against MLB hitters. Also last year, he showed a lot of 90-92 mph fastballs, and would top out around 95.
This season he was a lot better. The most obvious difference was his fastball velocity, which was more consistently around 94 and touched 97 on his best days. His cutter seemed to take a step forward this year, giving him three pitches above 90 mph with movement (2-seamer, 4-seamer, cutter). I think the velocity gains are real, as he added 10 kg of strength to his frame last offseason. I didn’t really see the same mistakes with his slider this year, he actually looked like he was using all his stuff effectively. There would be times when decent hitters would start to catch up and foul off his harder stuff, and he’d come right back with a slow curve or softer slider, and the hitter would be helpless. So he looked better overall this year, and my concerns about his mistake pitches and velocity are mostly gone. He’ll certainly still make the odd mistake, as he’s not a robot, but I’m more optimistic about him than I have been of anyone in the past.
Most of these are eyeball-level observations, drawn from memory of the games I watched during the season. So grains of salt apply. Here’s some data for reference and additional context: http://npbtracker.com/data/
player.php?p_id=242 This doesn’t mean that Darvish is without question marks. All the usual stuff applies — five-day rotation, different ball, different mound, facing batters that can actually hit home runs, being prepared mentally, coping with travel, etc. I have the impression that Nippon Ham has really let Darvish do his own thing — he tends to tweak his delivery a lot, more than any other pitcher I can think of offhand. Who knows if an MLB pitching coach is going to be cool with that? Also keep in mind that Darvish is going to have more pressure and attention than possibly any player that has preceded him. Ichiro was stalked relentlessly by the Japanese media when he joined the Mariners, but I don’t think the Americans necessarily expected much from him. American fans have been anticipating Darvish for years, so he’ll have the Japanese insanity and the American expectations to live up to. I think he will be successful though, and I hope he is.
I’m glad Patrick reminded us that Darvish isn’t a robot, I feel like we often get too caught up in expecting players — especially pitchers — to be perfect all the time. Jeff Sullivan of Lookout Landing is fond of saying that it’s not easy to throw a strike, and I think we often forget that. Anyway, it’s good to see that I wasn’t just making up all that stuff about Darvish getting away with mistake pitches in Japan, and it’s also good to see that he’s basically as good as ever at the moment. It would be hard for him to pick a better time to come to MLB.
The one thing that I think is important to point out here is that Darvish isn’t Daisuke Matsuzaka, the last mega-hyped pitcher to come out of Japan. Dice-K’s best season with the Seibu Lions was probably 2005, when he pitched to a 2.30 ERA with 226 strikeouts in 215 IP (9.46 K/9). You can make a case that his 2006 season was better — 2.13 ERA with 200 K in 186.1 IP (9.66 K/9) — but I don’t think it’s worth the argument. Now compare that Darvish, who over the last five seasons has averaged a 1.72 ERA with 217 strikeouts in 205 IP (9.53 K/9) for the Nippon Ham Fighters. Dice-K’s best season with the Lions would probably be Darvish’s sixth best season with the Fighters.
Anyway, all we can do now is wait, wait to see if the Yankees placed a bid and wait to see who wins the right to talk to the guy. Darvish certain passes the eye test as a 6-foot-5, 220 lb. right-hander that can dial his fastball up to 97 with an assortment of breaking balls to use when ahead in the count, but there’s always going to be that element of the unknown until he gets on the bump for an MLB team.
The second worst contract in baseball history
Posted by: | CommentsAlbert Pujols signed the second worst contract in baseball history last week, and he did it all without meeting with a team he thought was based in Los Angeles.
OK. OK. Perhaps I’m being a bit hyperbolic, but bear with me. Right now, Alex Rodriguez‘s 10-year, $275-million contract, signed when he was heading into his age 32 season, is generally considered to be one of the worst in baseball history. Four years into the deal, A-Rod has struggled to stay healthy, averaging just 124 games per season, while hitting .284/.375/.521. It’s an impressive slash line, but that is a far cry from the .306/.389/.578 line he put up beforehand.
To make matters worse, as we know, A-Rod’s world was rocked by scandal a few months after signing the deal when revelation of past steroid use became public. All of a sudden, the historic milestone clauses that could push A-Rod’s contract value over the $300 million mark became onerous. A-Rod gets paid no matter what, but a tainted home run race won’t draw as much money to the Yanks’ coffers as it otherwise would have.
A-Rod, who turned 36 this past July, is under contract for six more years and will earn another $143 million from the Yanks. It’s highly doubtful he’ll be worth it even if he can stay healthy enough to regain some semblance of his All Star production levels. Now, the Yanks could do worse than have A-Rod under contract for a while, but they were bidding against themselves in the winter of 2007 when A-Rod opted out. He walked away richer, and even before the ink dried on that contract, we knew a contract covering A-Rod’s age 32-41 seasons would not look pretty.
Enter the Angels. Or the Marlins. Or even the Cardinals. Albert Pujols is a great baseball player. He’s a first-ballot Hall of Famer with a career 1.037 OPS, 445 home runs, three MVP awards and two World Series rings. He’s also going to be 32 when the 2012 season opens and just signed a contract for $254 million covering his age 32-41 seasons. With an injury-plagued past, he’s coming off a year in which he hit only .299/.366/.541. For him, that’s a down year, and at his age, it’s not unreasonable to expect a slow and steady decline.
Of course, just like A-Rod in decline is still a very good player, so too is Albert Pujols. He makes the offensively-challenged Angels instantly better in the short term. In the long term, I’m glad the Yanks haven’t just forked over $254 million in guaranteed dollars to a first baseman. At least A-Rod played a premium position.
So all of these dollars got me thinking: If A-Rod’s deal is generally considered one of the worst in baseball, can’t we call Pujols’ contract the second worst? He’s a bit better offensively than A-Rod was at the same point in his career, but he plays an easier position. He’s signed for the same time period and is likely getting paid by the Angels for what he’s already done in his career — for another team, to boot — than what he will do going forward.
But who cares? I’m looking forward to seeing the Angels sink $25 million in 37-year-old Albert Pujols in a few years. There’s a larger concern though. Baseball’s system is now set up to reward the past. With new CBA, draft pick compensation is going to be tightly controlled, and the international free agency system will be limited as well. Free agency, then, will reign supreme, and teams will have to overpay for top talent. The Yanks are seeing that now as pitchers who aren’t rotation aces are getting paid as such, and teams are demanding the stars and the moon in trades for younger arms.
So the Yanks will spend cautiously and, some might say, wisely as free agent dollars explode. That’s the system the owners and players association have crafted to protect, on the one hand, current MLBPA members and, on the other, smaller market teams. At least the Yanks aren’t alone in signing a great player to an absurd contract though. For the next ten years, they have company.
It’s official, Freddy Garcia’s back
Posted by: | CommentsMonday: Via The NY Post, we have a breakdown of Garcia’s incentives. He’ll make an additional $250k each for his 25th, 27th, 29th, and 30th starts, then $275k for his 31st start and $300k for his 32nd start. Freddy only made 25 starts in 2011, in part because the Yankees avoided using him like the plague back in April. Things figure to be different this time around.
In other news, Marc Carig reports that Curtis has cleared waivers and been outrighted to Triple-A Scranton. He remains with the organization, but is no longer on the 40-man roster. Part of me wondered if some NL team would grab him as a lefty hitting fifth outfielder, but nope. The shoulder injury was too much of a red flag, I guess.
Friday: A little more than two weeks after agreeing to a new deal, Freddy Garcia is officially back in pinstripes. Sweaty Freddy signed his one-year contract this morning, which Bryan Hoch says is worth $4M guaranteed plus another $1.575M in incentives based on games started.
To make room on the 40-man roster, the Yankees have designated Colin Curtis for assignment. The 26-year-old outfielder missed the entire 2011 season after suffering a shoulder injury in Spring Training, though he’s hitting .300/.391/.450 in winter ball so far (23 games). Curtis figured to be the team’s extra outfielder in Triple-A this year since Greg Golson has been released and both Justin Maxwell and Chris Dickerson are out of options. There’s a chance he’ll get claimed off waivers, but the shoulder injury is working in the Yankees’ favor.
Open Thread: Jose Veras
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(Jim McIsaac/Getty Images)
The last two Open Threads have focused on bullpen arms, and tonight we’re going to make it three in a row. First came scrap heap pickup Brian Bruney, then came big money free agent signing Mike Stanton, and now we’re diving back into the scrap heap for Jose Veras. The Yankees signed Veras to a minor league deal on this date in 2005, about two months after the Rangers released him.
Veras, 25 at the time, was the prototypical bullpen flier. He threw very hard but struggled with his command, so he’d never gotten a chance in the big leagues. After pitching very well as Triple-A Columbus’ closer early in 2006 (2.41 ERA with 10.3 K/9 and 2.9 BB/9 in 59.2 IP), the Yankees called him up for his first taste of the show that August. He got into a dozen games, striking out six and walking five in 11 forgettable innings. Veras did pretty much the same thing the next year, but he got his big break in 2008.
After starting the year with Triple-A Scranton, the Yankees called him up for good in early-May. Veras was striking out a ton of batters and keeping the walks in check, allowing him to climb up Joe Girardi’s bullpen pecking order. By the end of the season he was getting regular seventh and eighth inning work thanks to his 9.8 K/9 and 4.5 BB/9 in 57.2 IP. Part of the Opening Day roster in 2009, Veras allowed runs in eight of his first 13 appearances. He’s lost his late-inning job and was working mop-up duty when the team finally designated him for assignment in mid- June.
Veras always had crazy nasty stuff, doing things like this in between his bouts of wildness. His overall body of work in New York wasn’t anything special — 4.43 ERA with 8.2 K/9 and 4.8 BB/9 in 103.2 IP — and the Indians snatched him up after the Yankees cut him loose. He’s since moved on to the Marlins and Pirates, having an okay season in Florida in 2010 (3.75 ERA with 10.1 K/9 and 5.4 BB/9 in 48 IP) and a kinda sorta breakout year in Pittsburgh in 2011 (3.80 ERA with 10.0 K/9 and 4.3 BB/9). Now 31 years old, Veras had that one nice year for the Yankees, which is pretty much all you can ask for from these scrap heap types.
Update: How about that, Veras was traded to the Brewers for Casey McGehee tonight. Now the guy has two reasons to celebrate December 12th.
* * *
Here is tonight’s open thread. The Rams and Seahawks are your incredibly yucky Monday Night Football game (8:30pm ET on ESPN), and the Devils are playing. That’s pretty much it, but talk about anything you like here.
No surprises here: Yankees will not non-tender anyone
Posted by: | CommentsToday is the deadline for teams to offer contracts to their players with less than six years of service time, a.k.a. the non-tender deadline. A new batch of free agents will be on the market tomorrow, just don’t expect it to be anyone overly exciting. Here’s a list of those who could be non-tendered today, and here’s a way to keep track of all the non-tender action.
Anyway, the Yankees will tender contracts to all of their eligible players today according to Dan Barbarisi, which is completely expected. None of their six arbitration-eligible players (David Robertson, Phil Hughes, Joba Chamberlain, Boone Logan, Russell Martin, and Brett Gardner) will be grossly overpaid next year, plus there is no obvious reason for them to cut any of their pre-arbitration players loose. Nothing groundbreaking here, just some housekeeping.
Resizing the market for Danks and Gonzalez
Posted by: | CommentsAs the Yankees scour the market for upgrades to the starting rotation, two names appear more frequently than the rest: John Danks and Gio Gonzalez. Both are reportedly available, and both fit well into the Yankees rotation. The major obstacle, as is the case in all trade negotiations, is the price. The White Sox reportedly want Jesus Montero and Manny Banuelos for Danks, and the A’s want young, high-end outfielders for Gonzalez. The Yankees don’t want to surrender one of Montero and Banuelos for Danks, and they don’t have young, high-end outfielders to trade for Gonzalez. This might seemingly rule them out on both, but a recent trade might have changed the market a bit.
This weekend the A’s moved one pitcher out of their rotation, sending Trevor Cahill to the Diamondbacks. In return they received prospects Jarrod Parker, Collin Cowgill, and Ryan Cook. Despite the void Cahill leaves in the A’s rotation, it’s reported that they’ll continue listening to offers for Gonzalez. The equation has changed a bit, given the return they got for Cahill. While that in some ways might benefit the Yankees’ pursuit of Gonzalez, or even Danks, it hurts it in other ways.
The A’s Needs
As Mike mentioned last week, the A’s desire for young, high-end outfielders complicates things for the Yanks from the get-go. They really have none in the high levels of the system. If the A’s wouldn’t settle for other high-end prospects, the Yankees would need a third team to facilitate a trade. That adds another level of complexity, which decreases the chances of a deal happening. That is, the more moving parts the harder it is to find a match that works for everyone.
The A’s did acquire an outfielder in the Cahill deal, but he’s not exactly high-end or even that young. Cowgill turns 26 in May, and his minor league track record isn’t overly impressive. He did hit .354/.430/.554 last season, but that was as a 25-year-old in the hitters’ haven known as the Pacific Coast League. My favorite example to put the PCL in perspective: Bubba Crosby hit .361/.410/.635 in the PCL before the Yankees acquired him in 2003. That is, he’s more of a throw-in than anything. That leaves the A’s still seeking outfielders, which continues to hurt the Yankees’ chances of acquiring Gonzalez.
Comparing Cahill and Gonzalez
Even though the the Yankees, as far as we know, were never in on Cahill, we can still look to this deal as a guide. First, let’s take a look at Gonzalez and Cahill. Both have over 500 major league innings, and they have nearly identical ERAs in that span (3.93 for Gonzalez, 3.91 for Cahill). Yet this is where their similarities end. They’re quite different pitchers in style, in age, and in contract.
Cahill is more of a ground ball guy, with a 53.3 percent career ground ball rate. He doesn’t strike out many, though he did in the minors and his numbers are rising. There’s still some projectability with Cahill, since he’ll turn just 24 years old in March. At the same time, he’s already locked up through 2015 at least, for a total of $30.5 million. That includes his first year of free agency eligibility for $12 million, and then two options, for $13 and $13.5 million, after that. That gets him through his age-29 season for $56.2 million, with the option to cut it short at $30.5 million if he gets hurt. It is, in other words, an incredibly team-friendly deal.
Gonzalez is more of a strikeout guy, fanning 8.59 per nine in his major league career. He also generates a decent number of ground balls, a 47.5 percent career rate. Yet when it comes to age and contract he’s a bit less valuable than Cahill. He just turned 26, and is a Super Two this off-season, meaning he’ll go through the arbitration process four times. While that can be a blessing in some cases, for a team acquiring him it can be a burden. MLB Trade Rumors estimates Gonzalez’s first-year arbitration number at $3.6 million, which is right in line with Cahill’s salary. But unlike Cahill’s salary, Gonzalez’s is not controlled. With quality performance she could perhaps beat the numbers on Cahill for the following three years: $5.5, $7.7, and $12 million.
To a team such as the Yankees this might not matter, but to other teams it does. That is to say that Cahill is quite a bit more valuable than Gonzalez. The cost-controlled aspect helps, as does Cahill’s age. For $56.2 million a team potentially gets him for his best seasons. Look at it this way, then. On Saturday Mike looked at a comparable Yankees package for Cahill. It included Manny Banuelos, Brandon Laird, and George Kontos. If that’s what the A’s got for Cahill, more or less, then they can’t really expect that for Gonzalez. Perhaps, then, there is a deal to be made here after all.
(Though, again, the A’s desire for, and the Yankees lack of, outfield prospects could mean there’s no match between them.)
Back to Danks
With the A’s needs hindering their chances of trading Gonzalez to the Yankees, our attention turns back to Danks. In his most recent update, CBS’s Jon Heyman notes an amended asking price: two of Banuelos, Montero, and Dellin Betances. Of course, this hardly changes things from before. It merely allows the Yankees to swap Betances for one of Montero or Banuelos. As before, there is zero doubt that the Yankees have rejected this idea out of hand. But that doesn’t mean the price will always remain this high.
The Cahill trade does give us some idea of the trade market, though it isn’t a precise barometer. That is, the White Sox aren’t necessarily influenced by Oakland’s return for Cahill. It does, however, set a bit of precedent. The White Sox asking price for Danks is surely better than what the A’s got for Cahill. If the Yankees wanted to add a starter and were willing to pay that price, why wouldn’t they have just turned to Oakland and their younger, more valuable starter?
As mentioned last week, the Yankees won’t give up Montero or Banuelos in a trade for Danks. The Cahill trade just reinforces that. The A’s got one blue chip pitching prospect back for their proven, young, and cheap starter. The White Sox cannot expect anything remotely comparable for their relatively expensive starter who hits free agency after the 2012 season. Even Betances might seem a stretch. After all, he was just 10 spots behind Parker in the 2011 Baseball America Top 100, and they had comparable seasons (both ending in the bigs).
Where this leaves the Yankees
This is where Brian Cashman‘s discretion comes into play. He talks about how the rotation doesn’t need help, or only needs help at the back end. While it’s nice to speak so highly of his players, to stick with the current guys is a difficult proposition. It assumes a rebound from Phil Hughes and that Freddy Garcia can continue fooling opponents with an array of junk. The Yankees would certainly do well to add a starter by any means possible.
Chances are, however, that not much will happen this week. Bids on Yu Darvish are due on Wednesday, and we won’t learn the winner until Sunday or Monday. The Yankees likely won’t make a move until they know where they stand on Darvish. After that, they’ll likely refocus on Hiroki Kuroda, who is reportedly seeking a one-year deal for $12 or $13 million. After that, Danks and Gonzalez become possibilities again. But given their current asking prices, it’s not hard to understand why they might have moved down the priority list for the moment.
Just 21 days 'til pitchers and catchers report.
