Archive for Transactions
Yankees avoid arbitration with Brett Gardner
Posted by: | CommentsThe Yankees announced that they have avoided arbitration with Brett Gardner. Jon Heyman says it’s a one-year deal worth $2.8M, exactly the midpoint of their filing numbers ($3.2M and $2.4M). I had a feeling Gardner would settle at some point; he doesn’t have a great arbitration case because defense doesn’t pay, so the only thing he has going for him are the steals. Russell Martin and Boone Logan are the team’s only remaining unsigned arbitration-eligible players.
Yankees avoid arbitration with Joba, Robertson
Posted by: | CommentsThe Yankees avoided arbitration with Joba Chamberlain and David Robertson by agreeing to one-year contracts, the team announced. Joba received approximately $1.675M (per Jon Heyman) his second time up for arbitration, a slight raise from the $1.4M he made last year. He would have cleared $2M if it wasn’t for the Tommy John surgery. Robertson signed for $1.6M with another $25k in incentives (per Heyman) his first time up for arbitration, a big raise from his near-league minimum salary.
Noon ET today was the deadline for teams and their eligible players to file arbitration salaries, and the trio of Russell Martin, Boone Logan, and Brett Gardner remain unsigned. Hearings start in February, but the two sides can still agree to a contract at any time. Here are MLBTR’s salary projections, if you’re curious. Phil Hughes agreed to a one-year deal and avoided arbitration yesterday.
Update: Heyman says Gardner filed for $3.2M while the Yankees filed $2.4M. They’ll probably split the difference and call it a deal, but Gardner’s arbitration case isn’t all that great because he’s a defense-first guy, and that doesn’t pay.
Update Part II: Heyman says Martin filed for $8.2M while the Yankees countered with $7M. Russ actually holds the salary record for first and second time eligible catchers. This is his fourth year of arbitration eligibility as a Super Two.
Update Part III: Jack Curry says Logan filed for $2.1M while the Yankees countered with $1.7M. Logan has a pretty decent arbitration case because of his low ERA (3.20 as a Yankee) and high strikeout rate (9.3 K/9 as a Yankee).
Yankees avoid arbitration with Phil Hughes
Posted by: | CommentsThe Yankees and Phil Hughes have avoided arbitration by agreeing to a one-year contract for 2012, the team announced. His agent says the deal is worth $3.2M with performance bonuses, so he received just a $500k raise thanks to his disaster season. A repeat of his 2010 effort would have bumped Phil’s salary north of $5M. Hughes was arbitration-eligible for the second time, meaning he’ll go through this again next offseason then qualify for free agency the offseason after that.
Noon ET tomorrow is the deadline for teams and their eligible players to submit arbitration figures, so a bunch of signings will happen in the morning. The Yankees have five more players up for arbitration: Russell Martin, David Robertson, Joba Chamberlain, Boone Logan, and Brett Gardner. MLBTR has projected salaries.
Yankees agree to sign Hiroki Kuroda
Posted by: | CommentsRotation problem? What rotation problem? Less than an hour after acquiring Michael Pineda from the Mariners, the Yankees agreed to sign Hiroki Kuroda to a one-year deal worth $10M according to Jack Curry and Joel Sherman. The right-hander still has to pass his physical, and Buster Olney says Hal Steinbrenner approved an expanded budget to sign him. The Yankees will not have to give up a draft pick.
I, and really all of us at RAB are Kuroda fans and have been pining for him this offseason, so it goes without saying that we like the contract. Kuroda isn’t a star but he’s a rock solid veteran pitcher that will give the team innings and a chance to win basically every time out. He misses bats (7.23 K/9 and 19.4 K% last two years), limits walks (2.19 BB/9 and 5.9 BB%), and gets ground balls (47.1%), so he does everything someone needs to do to succeed in a tough environment.
It’s worth noting that Russell Martin knows Kuroda from his Dodgers days, so that should help the right-hander with the adjustment to the new league, the tougher ballpark, basically everything. Also, the Yankees recently hired Kenji Nimura, who was Kuroda’s translator with the Dodgers (caption of picture #10). He’ll have a similar role here, so that should help as well. Apparently he speaks fluent Spanish and Japanese, so I doubt he was brought in specifically for Kuroda, especially since the hiring occurred earlier this offseason.
It sounds crazy given where they were a few hours ago, but the Yankees now actually have a ton of pitching depth. Pineda and Kuroda will join CC Sabathia and Ivan Nova in the rotation, leaving A.J. Burnett, Freddy Garcia, and Phil Hughes to duke it out for the fifth starter’s spot. A trade is always possible, but pitching depth is never a bad thing.
Yankees trade Jesus Montero and Hector Noesi for Michael Pineda and Jose Campos
Posted by: | CommentsAccording to multiple reports, the Yankees have traded Jesus Montero and Hector Noesi to the Mariners for Michael Pineda and Jose Campos. Jon Heyman, Greg Johns, Larry Stone, and Jerry Crasnick all deserve some level of credit. Heyman says the Yankees asked about Felix Hernandez before pulling off this deal, but were told he is off limits. That’s not a surprise.
I wrote this mailbag about Pineda back in November, so you can check that out if you’re unfamiliar with the young right-hander. He turns 23 next week and finished fifth in the AL Rookie of the Year voting last year thanks to his 9.11 K/9 (24.9 K%) and 2.89 BB/9 (7.9 BB%) in 171 IP. He is a fly ball pitcher (36.3% grounders last year) and kinda homer prone (0.95 HR/9), so that is a concern. As a fastball-slider pitcher with a show-me changeup, Pineda also has a bit of a platoon split. Plenty of time to work on that though, the guy’s got exactly the kind of power stuff that can play in the AL East. He is under team control for another five years, the next two for the league minimum. Here’s some video.
Campos is a 19-year-old right-hander with enormous upside according to Ben Badler and Kevin Goldstein. Apparently he’s related to the Escobars (Kelvim and Alcides), so he has baseball bloodlines. He checks in at a healthy 6-foot-4 and 195 lbs., and was considered Seattle’s fifth best prospect according to Goldstein (subs. req’d). “Campos had one of the best fastballs in the short-season leagues in 2011,” said KG in his write-up. “It’s plus and more in terms of velocity, sitting in the low 90s with plenty of 95-96 readings every time out. Campos also throws the pitch with the kind of command usually found only in big-leaguers; he works both sides of the plate, paints the corners, and comes at hitters with a strong downward angle.”
In 14 starts and 81.1 IP in the short season Northwest League, Campos struck out 85 and walked just 13. Just dominated the level. Goldstein does caution that he can become a one-pitch pitcher at times, as his changeup and slurvy breaking ball need work. At his age, that’s not much of a surprise. It sure sounds like the fastball is elite though, and that’s a good thing. Here is some video. It’s worth noting that the Yankees and Mariners are the two biggest spenders in Latin America year after year, and all four players involved in this trade were acquired as international free agents.
Losing Montero obviously hurts, especially since the regular lineup isn’t getting any younger. Despite all their work to help him over the years, it was pretty clear that the Yankees didn’t consider him a long-term catcher based on how they used him in September. A few years ago they were willing to trade him for three months of Cliff Lee, and now they got five years of Pineda. They certainly ended up getting better value in return for one of the best position player prospects in baseball, even if it cost them a shot at the 2010 World Series.
I liked Noesi more than most, but he was just a notch above the Adam Warren/David Phelps level in terms of long-term value. He can miss bats and can step right into a big league rotation, but the Yankees have the depth to cover the loss. Noesi’s inclusion in the trade is essentially the cost of doing business. The Yankees will end up with an open 40-man roster spot as a result of the trade, but that will eventually go to Andruw Jones. It hurts to lose Montero, no doubt, but Pineda fits the team’s needs better. This could easily end up another Josh Beckett-Hanley Ramirez situation, where both sides are happy with their return.
Yankees, Cory Wade agree to contract for 2012
Posted by: | CommentsVia Jon Morosi, the Yankees and Cory Wade have agreed to a non-guaranteed one-year deal worth $500k for next season, or $20k over the league minimum. Wade was not a free agent and he fell a few weeks shy of qualifying for salary arbitration, so the Yankees were able to renew his contract at basically whatever salary they wanted. Wade did a fine job after being plucked off the scrap heap at midseason, pitching to a 2.04 ERA and a 3.76 FIP in 39.2 IP. He figures to again serve as one of Joe Girardi’s primary pre-seventh inning relievers.
Aside: I don’t know for sure because this stuff is next to impossible to confirm, but it appears as though Wade has a minor league option remaining. If so, he can go to the minors without a hitch next year. Hooray for flexibility.
Snakebitten
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(Schilling photo by The AP; Johnson photo by Harry How/Allsport; IPK photo by Jared Wickerham/Getty; Haren photo by Jim McIsaac/Getty)
In the aftermath of the Arizona Diamondbacks non-tendering Joe Saunders — the mediocre left-handed pitcher who was the only Major Leaguer in the package sent by the Angels to the Snakes for Dan Haren in July 2010 — last month, it occurred to me that despite the fact that the franchise has only been in existence for 14 seasons, there’s a strong possibility that the Diamondbacks have been the greatest off-the-field thorn in the Yankees’ side of any team in Major League Baseball in recent history*.
* Though it’s not as if they’ve been pleasant to deal with between the lines either, given that they were responsible for perhaps the most heartbreaking loss an entire generation of Yankee fans have ever experienced in the form of Game 7 of the 2001 World Series.
Anecdotally, we’ve heard stories detailing a mutual dislike on the part of former Diamondbacks owner Jerry Colangelo and George Steinbrenner, both known for their hard-nosed ownership styles, and as best I can tell the problem initially stemmed from a now-famous meal shared by Steinbrenner and David Wells in January 2002, in which the Boss re-signed Wells four days after the burly lefty reached a handshake agreement with the D-Backs.
This incident no doubt left Colangelo steaming, and it would come back to bite the Yankees in the 2003-2004 offseason, as the team desperately needed to upgrade a rotation that was losing three-fifths of its members. The Yankees were very interested in Curt Schilling, but the talks didn’t go anywhere as Arizona’s asking price — which appeared to include both Nick Johnson (coming off a 2.1 fWAR season) and Alfonso Soriano (5.0 fWAR), at the very least — was rightly deemed excessive. It’s unclear who Cash may have been willing to part with, and whether talks ever progressed between the two teams, but before they even had a chance to Theo Epstein and Boston swooped in, joined the Schillings at their Thanksgiving table, and somehow convinced the Diamondbacks to trade Schilling, coming off thee seasons in which he racked up 7.6, 9.7 and 5.9 fWAR, respectively, for a package headlined by Casey Fossum and rounded out by Brandon Lyon and minor leaguers Jorge De La Rosa and Michael Goss.
In a vacuum I suppose that’s a fair amount of talent for Boston to have surrendered, but in hindsight it turned out to be an absolute steal for the Red Sox, as Fossum was basically never an effective pitcher again following the deal; Lyon’s carved out a career as a pretty good middle reliever, the most fungible asset in all of baseball; De La Rosa’s been a #3-ish starter at best in the National League and Goss never made it to the Majors; while Schilling accumulated 17.8 fWAR in four seasons with the Sox while helping lead the franchise to its first World Championship in 86 years and another three seasons later.
While you could drive yourself crazy playing the what-if game, it’s probably fairly safe to say things would’ve unfolded quite a bit differently had the Yankees acquired Schilling that offseason instead of the Red Sox.
Of course, the Yankees finally did get a Diamondback ace of their own the following offseason, in Steinbrenner’s long-coveted Randy Johnson. The Big Unit had a strong debut season in pinstripes in 2005, but was pretty mediocre in 2006, and famously flubbed both of his postseason appearances. Fortunately the Yankees likely didn’t regret the cost to acquire Johnson — Javier Vazquez, coming off an execrable first season in pinstripes, along with Brad Halsey and Dioner Navarro — especially considering that prior to the deal being executed Robinson Cano had been a long-rumored chip in a potential Johnson trade, but in hindsight I think this can still be considered another low point in the Yankees’ and Diamondbacks’ mutual history.
Following his disappointing 2006, the Yanks decided they’d had enough of Johnson — who, as it so happens, expressed a desire to return to Phoenix — and shipped him back to the Diamondbacks for nothing special in Alberto Gonzalez, Steven Jackson, Ross Ohlendorf and Luis Vizcaino. I suppose receiving four warm bodies for a pitcher who appeared to be well past his glory days is somewhat commendable, though Johnson still went on to put up two more decent (if injury-plagued) years out in the desert, while the 2007 and 2008 Yankee pitching staffs weren’t exactly anything to write home about.
The Yankees and Diamondbacks hooked up again in December of 2009, in the three-way trade that brought Curtis Granderson to New York and shipped Ian Kennedy to Arizona, a deal that also saw Detroit send Edwin Jackson to the D-Backs but also gain Austin Jackson and Phil Coke from the Yankees and heist Max Scherzer from the Snakes. Two years later this would appear to be the rare three-way trade in which all involved parties appeared to benefit. I’d do this deal all day every day, although it somehow figures that Arizona would wind up turning Ian Kennedy — who I maintain would never have become a 5.0 fWAR player in the Bronx — into a frontline starter.
This brings us back to the Saunders-Haren trade of July 2010. Granted, the Angels also sent Tyler Skaggs — currently ranked by Baseball Americas as Arizona’s 3rd-best prospect — Patrick Corbin (10th in the system) and Rafael Rodriguez to the desert in the deal, so it’s not quite as cut-and-dry as just “Saunders-for-Haren,” but given that Saunders wasn’t even retained by the D-Backs a mere year-and-a-half after being acquired, while Dan Haren has been a top 10 pitcher in baseball the last two seasons, it’s difficult not to wonder how things might have played out had the Yankees and Diamondbacks managed to consummate a deal.
It’s difficult to say given that all we really know is that Joba Chamberlain‘s name was the primary one bandied about during the trade talks of July 2010. If we were to try to build a comparable package to the one Arizona received, the Yankees’ #3 prospect at the time (per our own Mike Axisa) was Manny Banuelos, while #10 was Jose Ramirez. At the time, would you have been willing to trade a package of Joba Chamberlain, Manny Banuelos, Jose Ramirez and some low-level filler for a 29-year-old Dan Haren? Pretty sure I’d have been willing to pull the trigger on that one.
Again, we have no idea whether something like that was ever offered and/or whether it would have been an acceptable haul for Arizona, but on paper it seems like a pretty fair swap, especially when you consider that Saunders has been worth 2.7 fWAR in two full seasons of starting while Joba has been worth 1.8 fWAR in a season-and-a-half of relieving during that same time period. You have to figure Arizona almost certainly would’ve given Joba the chance to start that the Yankees never will, and the Yankees would’ve had a right-handed ace to complement CC Sabathia.
Of course, at the end of the day the majority of this is hearsay and conjecture, and there’s no way of really knowing whether Arizona has had it in for the Yankees over the years. However, as I’ve illustrated above, the two teams’ transaction history — and it certain cases, lack thereof — would make me considerably wary of doing business with Arizona in the future.
Yanks sign Adam Miller, Cole Garner to minor league deals
Posted by: | CommentsVia Matt Eddy, the Yankees have signed RHP Adam Miller and OF Cole Garner to minor league contracts. We heard that they were close to signing Miller way back during the Winter Meetings. The 27-year-old was the 31st overall pick back in 2003, but career-threatening ligament damage in his finger hampered his development. You can see the damaged finger on his Twitter page (it’s not gross). Even if it doesn’t work out, I’m still very interested to see him in Spring Training.
As for Garner, Baseball America ranked him as the 22nd best prospect in the Rockies’ system in last year’s Prospect Handbook. He put together a .392 wOBA for Colorado’s Triple-A affiliate last year, then picked up a pair of knocks in his first taste of the big leagues late in the season. The 27-year-old is a right-handed hitter and an extra outfielder type, just some depth.
Andruw’s Back: Yanks & Jones reach agreement
Posted by: | CommentsWe can cross one item off the Yankees’ to-do list. Jon Heyman is reporting that Andruw Jones has agreed to wear pinstripes for another year and will earn a $2M base salary plus another $1.4M in possible incentives on a one-year contract. The deal is still pending a physical, which probably won’t happen until after the New Year.
The reasons to re-sign Jones were obvious: he mashes lefties (.400 wOBA vs. LHP in 2011, .401 from 2010-2011), plays solid enough defense in the corner spots, and reportedly is a great clubhouse guy. He accepted the role of being a platoon/bench bat last year and thrived, especially in the second half. As a reward, he saw his first playoff action since 2005. Jones had minor surgery after the season to clean up a slight tear in his left knee, but it’s nothing serious.
We heard the two sides weren’t making progress on a new deal as recently as two days ago, so it goes to show how quickly this stuff can come together. Surprisingly, Jones didn’t even get a raise; he had a $2M base salary with $1.2M in incentives last year. He must really like New York. The Yankees have a full 40-man roster, so they’re going to have to cut someone once the signing becomes official. I’m guessing it’ll be Kevin Whelan, but don’t hold me to that.
Yankees add Matt Daley and Gus Molina on minor league deals
Posted by: | CommentsVia Josh Norris and Baseball America, the Yankees have signed right-handed reliever Matt Daley to a minor league contract. The 29-year-old was born in Queens and raised out on Long Island, and he’s currently rehabbing from an August surgery on his rotator cuff. Prior to the injury, he used three pitches (high-80′s fastball, high-70′s change, mid-70′s curve) to get a fair amount of strikeouts (8.96 K/9), limit walks (3.36 BB/9), give up fly balls (33.8% grounders), and watch the ball fly out of the park (1.01 HR/9). Daley has appeared in 92 games and thrown 80.2 IP for the Rockies over the last three seasons, and he does have a funky little delivery you can see here. He’s a warm body for Triple-A, mostly.
In other news, the Yankees have also re-signed Gus Molina to a minor league pact. He’ll offer Austin Romine some nice veteran presents as his backup with Triple-A Scranton. The Yankees were suffering from a severe shortage of Guses in their farm system, so this clears that up.





