Archive for Hot Stove League

Via Ken Rosenthal: The Red Sox have re-signed Stephen Drew to a one-year contract worth $14.1 pro-rated, so basically the qualifying offer he turned down over the winter. He will presumably take over shortstop with Xander Bogaerts moving back to third base. Drew will be a free agent again after this season, but because he did not spend the entire season with Boston, they will not be able to make him a qualifying offer.

The Yankees had on again, off again interest in Drew during the offseason and even in recent weeks — we recently heard they would reconsidering signing him after the draft — which makes sense given the infield situation. Just this morning I said I expected Drew to sign with the Tigers after the draft, which shows what I know. Kendrys Morales is still unsigned, and if the Yankees lose Carlos Beltran to elbow surgery, he would make some sense as a full-time DH and replacement middle of the order bat.

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Via Marc Topkin: Fernando Rodney said the Yankees offered him a one-year contract over the winter. He received two-year offers from several teams and eventually took a two-year, $14M pact with the Mariners. Seems like the Yankees would have welcomed him aboard, but only on their terms.

Rodney, 37, has a 3.12 ERA (3.08 FIP) in 17.1 innings as Robinson Cano‘s teammate so far this year. Signing him would have allowed the Yankees to use David Robertson in some higher leverage seventh and eighth inning situations, but it also might have sent Robertson searching for a closer job when he becomes a free agent after the season. Rodney’s too much of a high wire act for me, but a one-year contract? No harm in that.

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Via Nick Cafardo: The Yankees may re-consider signing Stephen Drew after the draft passes next month, when they would not have to forfeit their second round pick. The team also doesn’t want the Red Sox to gainĀ another compensation pick after essentially giving them one as part of the Jacoby Ellsbury signing.

Drew, 31, will probably need several weeks to get ready for MLB game action at this point, even if he has been working out in the meantime. (I’m sure he has.) The best case scenario is what, probably one week to get ready? As Joe wrote yesterday, the Yankees could clearly use help on the infield — if Carlos Beltran needs surgery, Derek Jeter could serve as the regular DH with Drew at shortstop — but it’s obvious no other team is going to jump in to sign him before the draft. With only three weeks to go, I think they could wait. He wouldn’t move the needle enough in those three weeks to justify losing the pick.

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Via Jon Heyman: The Tigers have agreed to a deal with free agent reliever Joel Hanrahan. No word on the terms or anything like that. We heard the Yankees had “strong interest” in the right-hander just yesterday. Oh well.

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Via Jon Heyman: The Yankees are among at least five times with “strong interest” in free agent right-hander Joel Hanrahan. He is believed to have multiple offers on the table and is likely to sign rather than hold another showcase for teams. Hanrahan is working his way back from Tommy John surgery and two other elbow procedures (bone chips, flexor tendon).

Hanrahan, 32, was said to be sitting in the low-90s during a workout for teams a few weeks ago. He is not quite a full year out from surgery, but as a reliever it won’t take him very long to get game ready. There is always room for a guy like Hanrahan in the bullpen, especially since the Yankees are in position to ease him back into things after surgery and not ask him to be a late-inning guy right away. With both Vidal Nuno and David Phelps in the rotation, adding a reliever like Hanrahan to replace the bullpen depth sure makes a lot of sense.

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Via Diario de Cuba (translated article): The Yankees have interest in Cuban outfielder Daniel Carbonell. They scouted him during a workout in February and more showcase events are planning for the coming weeks. Ken Rosenthal says MLB recently declared Carbonell a free agent after he established residency in Mexico, so he can sign at any time.

Carbonell, 23, is said to be a speedy switch-hitting center fielder with some power, according to Rosenthal. He hit .288/.378/.405 with two homers, six steals, ten walks, and eleven strikeouts in 127 plate appearances in Cuba last season before defecting. Here is the requisite over the top workout video. Because of MLB’s silly rules, Carbonell will be subject to the international spending restrictions if he doesn’t sign by July 2nd. Expect him to have a deal worked out before then.

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Via Chris Cotillo: The Yankees have not yet shown any interest in Scott Baker. The right-hander has a 2.81 ERA (4.76 FIP) with 26 strikeouts and ten walks in five starts and 32 Triple-A innings with the Rangers. He can opt-out of his minor league contract if he is not added to the big league roster by May 1st.

Baker, 32, has thrown 15 big league innings since 2011 due to a series of elbow problems. He was awful in Spring Training — 12 runs with a 1/7 K/BB (!) in 12 innings — and failed to make the Mariners’ roster despite all their pitching problems. The Yankees could use a true long man with David Phelps assuming a middle relief role and Ivan Nova‘s injury forcing Vidal Nuno into the rotation, but it’s been a long time since Baker was effective. I don’t see much of a reason to be interested with Al Aceves already in house.

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Phelps is pumped about being a Super Two. (Jeff Zelevansky/Getty)

Phelps is pumped about being a Super Two. (Getty)

This past offseason, the Yankees signed their five arbitration-eligible players to one-year contracts totaling $16.4875M. Next winter’s class figures to be pricey as well, mostly because Michael Pineda will qualify for arbitration for the first time and Ivan Nova will be eligible a second time. Shawn Kelley will also be due a nice raise in his final year of eligibility.

Kelley is a Super Two, meaning he will go through arbitration four times instead of the usual three. The full explanation is here, but the short version is that some players (the top 22% in service time, specifically) with more than two years but less than three years of service time qualify as Super Twos and get four years of arbitration. It puts some more money in their pocket in exchange for teams manipulating their service time, basically.

According to agent Ryan Galla at CAA Baseball (h/t MLBTR), the projected Super Two cutoff for this coming offseason is two years and 128 days of service time, which is typically written as 2.128. David Phelps came into the season with 1.156 years of service time, so unless he gets shipped to the minors for about four weeks, he will qualify as a Super Two and go through arbitration four times instead of three. He will still not be eligible for free agency until after the 2018 season.

Phelps will get a nice raise through arbitration but nothing crazy. He’d have to move into the rotation and pitch very well (and do it soon) for that. Phelps came into the season with ten wins and a 4.11 ERA in 186.1 career innings, and that’s the stuff that matters in arbitration. Not his FIP or his WAR. Old school stats reign supreme in arbitration. Tyson Ross went to arbitration with nine wins and a 4.34 ERA in 273.2 career innings last winter, which earned him $1.98M in his first year as a Super Two. That seems like a decent comparable for Phelps at this point.

The only other Yankee on the Super Two bubble is Austin Romine, who came into the year at 1.143 years of service time. He collected a bunch of service time while on the DL two years ago, in case you’re wondering why that number seems so high. Romine will reportedly not get the call to replace Frankie Cervelli today, which hurts his Super Two chances. He needs to get called up very soon and remain on the MLB roster (or the DL) for the rest of the season to have a shot at qualifying. That seems unlikely, but who knows. Even if does qualify, his 2015 salary should be a six-figure sum.

Nova and especially Pineda will be the Yankees’ big arbitration cases after this season. If Pineda keeps pitching like he has in his first two starts, he’ll be due a huge raise even after missing all that time to shoulder surgery. Kelley could get a nice salary bump depending on how many saves he picks up as well. Phelps will likely be a Super Two, and while he isn’t due a huge raise for next season, it does carry over and affect his future salaries.

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(Jeff Zelevansky/Getty)

(Jeff Zelevansky/Getty)

Yesterday was pretty damn close to a disaster day for the Yankees. Before their 3-2 win over the Red Sox, we learned Derek Jeter and Brian Roberts were day-to-day with a sore quad and back, respectively. Jeter missed just about all of last season with various leg problems and Roberts has missed most of the last four years with all different kinds of injuries. Any sort of physical malady is a red flag with these two.

Then, during the actual game, Frankie Cervelli went down with a right hamstring injury. He had an MRI last night and while the results are not yet available, it sure seems like he is headed for the DL based on the way he crumbled to the ground and limped off the field. Two innings later, Yangervis Solarte appeared to hurt his leg running through first base, but it turns out he took an errant fist below the belt. Don’t ask me how. Soon after that, Brian McCann was hit in the bare hand after a pitch deflected off A.J. Pierzynski’s elbow guard. It looked bad but he is apparently okay. Catchers, man.

In the span of about seven hours, the Yankees almost lost a full infield worth of players. That’s how Carlos Beltran wound up playing first base for the first time in his life last night. The Jeter and Roberts injuries were somewhat predictable given their age and recent injury history — Girardi toldĀ Vince Mercogliano that Jeter “went through some (quad) tightness in Spring Training that he got through. He had it in his calf at one point, and he got through it,” which isn’t exactly reassuring — while Cervelli, Solarte, and McCann were a bit more fluky. Cervelli hasn’t been all that durable throughout his career though, so maybe we shouldn’t be surprised.

Girardi confirmed Jeter is not scheduled to have any tests and an MRI on Roberts’ back came back negative, so those two are nothing more than day-to-day. That said, the season is 13 games old and the team’s starting middle infielders are already dealing with physical issues. Brendan Ryan is out with a back problem too. I have a very hard time believing these will be one-time injuries. And, even if the are, the Yankees can not treat them that way. They came into the season with questions about their infield (both production and health) and so far nothing has changed. Sunday was a reminder from the baseball gods.

(Jared Wickerham/Getty)

(Jared Wickerham/Getty)

You’re smart, you know where I’m going with this. Stephen Drew remains unsigned and is just sitting there waiting for a job. He would cost the Yankees only money, their second round pick (55th overall), and a 40-man roster spot. Drew, who is said to be willing to play another infield position, would fit the roster like a glove as a defensively capable shortstop with a dead pull left-handed swing geared for Yankee Stadium’s short porch. Remember, even when Roberts was perfectly healthy, he was a total zero at the plate (37 wRC+). Long, pain in the ass at-bats (4.56 pitches per plate appearance) are great, but at some point he has to get on base.

The second base problem is one Drew can help correct, either directly (playing there) or indirectly (playing third with Kelly Johnson at second). He’d give the Yankees protection for Jeter and heck, they could sign him to a two-year contract and have their 2015 shortstop situation already sorted out rather than waiting for the offseason. Of course, Scott Boras isn’t an idiot, he knows the Yankees are in desperate need of infield help, especially after the Jeter and Roberts injury scares. I don’t think he’ll take a sweetheart deal (two years, $16-20M?) despite his client’s continued unemployment. But man, it’s a great fit on paper.

The Yankees came into today’s off-day with a 7-6 record and a -5 run differential, but I think they’ve played pretty well overall. Following some early-season struggles, the offense have been productive and diverse, ranking in the league top six in AVG (.273), OBP (.335), ISO (.154), and steals (11). Masahiro Tanaka and Michael Pineda have added a new and exciting dimension to the rotation, and the increased use of infield shifts has helped defensively. The Yankees committed all that money this winter in an effort to win now, but the job is incomplete as long as the infield remains status quo. The team needed Drew before the season and they need him even more right now.

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Via Jerry Crasnick: The Yankees are one of several teams that are believed to have interest in Joel Hanrahan. They were monitoring him a few weeks ago. The right-hander is currently working his way back from Tommy John surgery and other elbow procedures (flexor tendon, bone chips). He will throw for teams during a showcase next week.

Hanrahan, 32, had a 2.24 ERA (3.24 FIP) in 128.1 innings for the Pirates from 2011-12, his last two healthy seasons. There is no such thing as too much pitching depth and the Yankees could always find a way to squeeze someone like Hanrahan into their bullpen and late-inning mix. They signed Andrew Bailey to a one-year deal with an option geared towards 2015 just before Spring Training, but Hanrahan is in a better position to contribute immediately.

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