Few Yankee fans realize it, but Jan. 3 is actually a rather significant day in Yankee history. It was on this day in 1973 that a syndicate headed by George M. Steinbrenner III paid a meager sum of $10 million to the Columbia Broadcasting System for the New York Yankees.
In today’s dollars, the Yankees cost Steinbrenner and his group around $47,843,468.47 or what Alex Rodriguez and Derek Jeter make an a season. That price was, according to The Times article about the sale, a real steal, and CBS took a loss on their investment. “It’s the best buy in sports today,” Steinbrenner said about the Yanks. “I think it’s a bargain. But they [CBS] feel the chemistry is right. They feel they haven’t taken a loss on the team.”
While Steinbrenner bought the team after it a decade of losing seasons and its first sub-one million attendance season since World War II, he has, as we all know, turned the franchise into the premier team in sports with six World Series championships over the last 36 years, a new stadium and a run of attendance topping the four million mark. Needless to say, the team is worth far more than $47 million today.
Meanwhile, the best part of the article announcing the sale is the final quote from Steinbrenner. “We plan absentee ownership as far as running the Yankees is concerned,” he said. “We’re not going to pretend we’re something we aren’t. I’ll stick to building ships.”
Truer words are often spoken.
Anyway, use this thread as your evening open thread. We’ve got two NFL playoff games today, and the Nets, Rangers and Islanders are all in action. Just play nice.
The photo above is of Yogi, George and Billy Martin in 1976 and comes via The Daily News.
Steve at WasWatching.com is running a survey of Yankee blogs. In the saturated realm of Yankee blogs, he wants everyone to vote on which ones you the blog-reading public check out on a daily basis. So head on over to this survey, and cast your vote. Just remember who sent you!
Update 11:23 p.m.: Steve closed the poll. No more voting. · (69) ·
Ugh. Ugh. Ugh. Do we really have to “revive” the Joba Chamberlain debate, as Justin Sablich attempted to do yesterday on The Times’ Bats blog? Is there nothing better to talk about during the first few days of January than something that should have been put to bed ages ago?
Since the answer to my rhetorical question is clearly “no,” let’s dispose of this attempt to put a potential ace into some overblown 8th inning role. The italicized parts are from Sablich’s blog post, linked above. The regular text is my response.
Despite his game-shortening ability as Mariano Rivera’s setup man, Chamberlain was converted to a starter for part of the 2008 season before tendinitis in his throwing shoulder sent him to the disabled list and eventually back to the bullpen.
So before we even get to the meat of the argument, already it’s distorting the issue. Chamberlain was not “converted to a starter” in 2008. He had been a starter his entire career and was converted into a reliever in 2007 because he was running up against his innings limit. He simply returned to the role in which the Yanks envisioned him when they drafted him.
Now with a revamped rotation for the 2009 season, a case can be made for keeping Chamberlain in the setup role. The Yankees simply do not need Chamberlain in the rotation the way they did last season.
Any starting rotation with Joba Chamberlain is better than any without him. He’s a far superior pitcher to Andy Pettitte at this point in their respective careers, and he has so far been a more effective Major League starter than Phil Hughes. We could even make the case that he’s better than Chien-Ming Wang and A.J. Burnett as well. The Yankees are far better putting a pitcher of Chamberlain’s caliber in the rotation than they are burning him in the pen.
Chamberlain in the bullpen would most likely make each starting pitcher better by shortening his starts. Fans concerned about Sabathia burning out in September or Burnett breaking down over the long haul could rest a little easier. A Chamberlain bridge would also make life easier for Rivera, who turned 39 in November and may not be able to crank out a two-inning save with as much ease as in the past.
You know what else would help shorten starts? Having CC Sabathia in the bullpen.
Seriously, though, the Yankees pen is not a problem. The bullpen had a 3.79 ERA last year and led the AL in strike outs. They can use Damaso Marte and Brian Bruney to shorten games and have a plethora of other options that can spell Mariano Rivera when necessary. Considering that around 25 percent of a set-up man’s appearances come in close situations with the tying run on base or at the plate, the value of a nearly perfect set-up man is diminished even further. This is just a psychological “we would feel better with Joba in the bullpen” argument with little support to back it up.
In addition to keeping others healthy, Chamberlain could be healthier by remaining a reliever. There’s no questioning his effectiveness as a starter. His numbers as a starter last season (2.75 ERA and 10.3 K/9) were almost identical to his stats as a reliever (2.31 ERA and 11.1 K/9). But his shoulder injury came about as a starter, and fewer innings could only help him keep his shoulder strong.
Except relievers are generally less healthy than starters. Ask Eric Gagne, ask Tom Gordon. The general consensus in baseball is that it’s far easier to monitor a pitcher’s workload if he’s starting every five days than if he is relieving on an erratic schedule.
A popular argument for having Chamberlain start is that you should not waste a player with such ability as a reliever because the more innings he can pitch the better. Wouldn’t you rather have 230 innings of Chamberlain rather than 90?
The problem with that argument is that you can say the same thing about Boston’s Jonathan Papelbon or a number of other great relievers. Are the Red Sox wasting Papelbon’s talent by limiting his innings and not converting him back to a starter?
I wish people would stop comparing Papelbon to Chamberlain. It’s just not an apt comparison. Papelbon was a B/B+ starting prospect with two good pitches. Joba has long been an A/A+ starting prospect with four good pitches. The Red Sox tried to use Papelbon in the rotation, and that plan did not work out. In other words, he — much like Mariano Rivera — is a failed starter. Chamberlain has a long way to go before anyone considers him a failed starter, and as Sablich points out not two paragraphs before this claim, Joba actually enjoyed great success as a starter until his shoulder flared up.
If the Yankees used Chamberlain to shorten games to six innings, is that really a waste of talent? It sounds more like an incredible advantage to me.
Again, not an “incredible” advantage. In 1996, when the Yanks used Rivera to shorten games, he made 61 appearances. Of those, 15 were with the game tied or the Yanks up by one run. So that means that in 75 percent of his appearances, Rivera was protecting a lead of at least two runs or holding a deficit. As I said already, the Yankees would basically be sacrificing Joba in the rotation for around 20 innings of actual “clutch” pitching. It’s just not worth it.
In the end, in a few years, the Yankees may wind up putting Chamberlain in the pen, but that won’t happen until and unless he can’t handle the rigors of throwing 200 innings a season. We’re a long way from that point, and this debate is just a tired old rehash of things that should have been settled long ago. The Yankees are far better off with Joba Chamberlain making 30+ starts a year, and it shouldn’t even be called a debate anymore.
In a couple of weeks, just one day after a public hearing and four days after releasing the appropriate numbers to the public, the New York City Industrial Development Agency is scheduled to hold a vote that would grant another round of tax-exempts bonds to the Yankees and Mets for stadium construction. The details of this $450-million bond have yet to be released to the public, and the IDA has scheduled just one hearing for Jan. 15. According to Assembly Richard Brodsky, this is not acceptable.
In a letter released yesterday and sent to the IDA, Brodsky called upon the board to delay the vote and solicit more public opinion, a sentiment a long time coming and a little bit late in the process. Brodsky originally called upon the IDA to move the vote from its originally scheduled time, three hours before Barack Obama takes the presidential oath of office.
This time, Brodsky would like more time to investigate the need for these funds. Wrote Brodsky:
The lack of public information, the controversial nature of the proposal, the undue haste and secrecy surrounding this deliberation are inconsistent with the letter and spirit of the state laws governing IDA procedures. As you can see from the Interim Report, the manipulation of the IDA process including the use of a Deviation Letter and an Inducement Resolution inconsistent with each other, the artificial inflation of property tax assessments by the City, the successful pursuit of a luxury suite for City officials, the failure to consider the affordability of stadium tickets, the lack of permanent job creation, the uncertainty about the Community Benefits Agreement and the parkland replacement are issues that must be considered as the additional funding is advanced. We are particularly interested in the justification for the new funding, inasmuch as the initial funding was justified on a supposed Yankee threat to leave the City. Since the Yankees have signed a non-relocation agreement, it is unclear what justification can be made for the additional funding.
And in a statement, the Westchester pol and head of the State Assembly’s Committee on Corporations, Authorities and Commissions took a shot at the IDA:
“At a time when we can’t fund the MTA or schools, the Bloomberg administration’s insistence on an additional $454 million of corporate welfare makes no sense. The IDA is an independent State agency which is not supposed to be under the thumb of the Mayor’s office. We are asking IDA board members to allow for a deliberate and open process to ensure that all points of view are heard and that New Yorkers are protected from more corporate welfare for the wealthiest corporations in our area. The spate of taxpayer bailouts of large corporations was at least justified by the threat that they would otherwise go out of business. There is no reason to provide public assistance to these hugely successful businesses at a time when taxes are rising, services are being cut, and jobs are being lost. We call on the IDA to do the right and legal thing.”
I don’t disagree with Brodsky here. I don’t think the stadium financing has been nearly as public as it needed to be. Our elected officials should have questioned this deal a long time ago. But at this point, Brodsky needs to deliver an endgame that constitutes more than just being a thorn in the side of all involved.
For better or worse, the new stadium will open in April. It’s about 45 days away from completed, and the project passed the point of no return basically the day after Yankee and city officials broke ground in 2006. Brodsky and his fellow committee members can make sure the city coffers get the money it deserves, and they have already made sure that future projects will be subject to more oversight. I guess these are small victories we should celebrate in the fight of good government and stadium construction.
Don Larsen and Yogi Berra have ushered in the MLB Network to rave reviews. While the airing of Larsen’s famous World Series perfect game has been the perfect inaugural broadcast for the new TV station, Larsen suffered through a terrible trip to film the piece. In a story reminiscent of a John Hughes movie, Jack Curry relates how it took Larsen six days to make what should have been a 60-hour round trip. The former Yankee hurler was stranded in the airport, delayed and delayed again which is just proof that even famous baseball players go through hell when dealing with the airlines. · (8) ·
We don’t need a whole bunch of high-fallutin’ defensive metrics to know that Johnny Damon is a pretty solid left fielder and a pretty bad center fielder. Rather, this is something any of us can see with our own eyes. But drilling down on the numbers is fun, and on a quiet Friday evening during the waxing days of January, let’s have some fun.
In terms of center field, the Yankees’ 2008 campaign witnessed three distinct eras. From Opening Day until August 3, Melky Cabrera patrolled the outfield; from around August 5 until September 13, Johnny Damon earned himself the CF job; and from the second game of a September 13 double header through the end of the season, Brett Gardner got the starts in the field. With the exception of a few Justin Christian starts, those men were the Yanks’ center fielders through thick and thin last year.
Offensively, this motley crew hit .261/.320/.391 and that .711 OPS was good for an OPS+ of 89. They were not, in other words, too impressive as a whole with the stick, Johnny Damon’s fantastic season notwithstanding. A funny thing happened, however, with the three players on defense.
While I realize this is far from a scientific study and I’m certainly not controlling for too many variables, take a look at the Yanks’ pitching splits for each center fielder. Under the Melky Cabrera Era, Yanks’ pitchers were 61-50 with a 4.12 ERA. Opponents knocked out 991 hits in 989 innings and featured an offensive line of .262/.327/.397. Of those totals, 18.5 percent of the hits were doubles, and a hair under two percent were three-baggers.
With Johnny Damon in center, the Yanks went 16-19 with a 5.12 ERA. The pitchers surrendered nearly 50 more hits than innings pitched, and 20.7 percent of the hits were doubles. When Gardner took over, the pitchers went 12-3 with a 3.18 ERA, and 24 percent of the hits went for two bases.
Now, this is a mess of numbers, and none of them really correlate too nicely. Johnny Damon’s center field tenure saw the number of extra-base hits increase over Melky’s but so did Brett Gardner’s. The Yanks’ pitching was far worse with Damon in center field than with the other two. It may just be a coincidence. The Yanks lost Joba Chamberlain when they moved Melky to the bench and Damon into center, and Andy Pettitte lost the ability to get outs as well.
But at the same time, as the Yanks look forward to 2009 and attempt to put together an outfield with power-hitting corner pieces and weak-hitting anchors, they should consider the impact a strong defender in center will have on the pitching. It is far easier to turn a bad center fielder into a good left fielder than it is to weather a season with a bad outfield defense.
Jon Heyman has quite the history of pumping out poorly constructed lists. Back in May he took a stab at ranking the twenty greatest free agent signings in history, which was embarrassingly bad not because someone not named Barry Bonds circa 1993 topped the list, or even because he ranked a lefty reliever ninteenth, but because he omitted Randy Johnson’s original deal with the Diamondbacks in 1999 entirely. Four year contract, 81 wins, 1030 IP, 1417 K, four Cy Youngs. Yet Hideki Okajima was a better signing.
Today, Heyman took a crack at another list, this time ranking the twenty best remaining free agents. Topping the list is Manny Ramirez, who’s followed by Derek Lowe and Adam Dunn. Oh wait, no it’s not. Heyman ranked … wait for it … Bobby Abreu the best remaining free agent, followed by Milton Bradley and Pat Burrell. Three DH’s top the list. Orlando Cabrera and Joe Crede come in at numbers four and five, respectively, just ahead of Dunn. Derek Lowe? He’s tenth, sandwiched between Orlando Hudson and Oliver Perez. Manny? Try thirteenth, between Andy Pettitte and Ben Sheets. Yeah.
So how would you rank the remaining free agents? I’d go Manny-Lowe-Dunn for my top 3, but after that I’m not sure. I’d guess Bradley, Burrell and Orlando Hudson would make sense as the next three. Abreu and Mr. Strikeout Juan Cruz would probably round out the top eight.
Anyway here’s your open thread for the night. Utah & Alabama battle it out in the Sugar Bowl tonight at 8pm, and the Knicks take on the Pacers at home. The Rangers are off, but that shouldn’t stop you from checking out Blueseat Blogs, where I’m covering for Dave while he enjoys a little holiday vacation. Oh, Hot Stove Live on the MLB Network starts at 7. You know the deal though, play nice.
Site Note: I was working on my Preseason Top 30 Prospects List earlier, and accidently hit “publish” instead of “save,” so it was up on the site for a second. I took it down right away, but all of you RSS subscribers got it anyway. It’s just a first draft, and I’m going to revise & reorder it about a dozen times between now and when I post it in Spring Training, so don’t put too much stock into it. Otherwise enjoy the sneak preview.
Update (7:05pm): Barry Larkin just said Orlando Hudson is a guy that “could steal you 40 bases.” O-Dog has 42 steals total in 865 career games. Swing and miss on that one, but I’m still enjoying the network.
Since center field is currently the Yankees’ weakest position, we might as well take a look at news involving a soon-to-be-traded center fielder — even though few if any of us would touch him with a 50-foot pole. Via Jon Heyman, we learn that the Dodgers have re-worked their contract with Andruw Jones. The deal will reportedly save them $12 million from their 2009 payroll. More importantly, it will make Jones easier to trade.
According to Cot’s, Jones is scheduled to earn $15 million in salary in 2009. However, the signing bonus from his two-year, $36.2 million deal complicates things a bit. He made $9 million last year plus a $5.1 million signing bonus. That means that despite his $15 million salary, Jones is slated to make $22.1 million for the rest of his contract. He is due a $5 million payment as part of his signing bonus in 2010, even though he won’t be under contract, so that, I guess, won’t count against the Dodgers’ 2009 payroll. That leaves $17.1 million. If the Dodgers did in fact defer $12 million of that, an acquiring team would only be liable for $5.1 million in salary.
Clearly, that’s not the final word on the matter. This is just my elementary understanding, using what I know about salaries and bonuses, how they count against the cap, and parsing the words of Heyman. His “official” salary number for 2009 could be $5.1 million; it could be $10 million. What matters to an acquiring team, though, is that they will not be on the hook for that $22.1 million they otherwise would have been. That makes Jones attractive.
While the Yankees have a need in center, I can’t see them going after Jones. There’s some upside here; Jones was, after all, one of if not the premier center fielder in baseball earlier this decade. He’s a few years removed from that status, though, and he’s done little to show he can regain that form. Among the many criticism of Jones over the past two years has been his lack of a work ethic, leaving him out of shape and an injury risk. While he had remained healthy through most of his career, he spent the bulk of 2008 either on the DL or on the bench.
Reduced salary or not, any team trading for Jones is taking a weighty gamble. The deflated salary number clearly makes this a better risk, but it does nothing to the reward aspect of the deal. Jones is still coming off two abhorrent years, the latter of which placed him among the worst players in the league. The guy who managed to hit a home run every 13.2 plate appearances in 2005 hit one every 79 PAs in 2008. You can’t even play the “contract year” card with Jones, as he hit .222/.311/.413 in his last contract year.
A healthy, in-shape, and motivated Jones could prove an astronomical boost to any team acquiring him, no doubt. However, we’ve seen little to indicate this will be the case. The Dodgers mitigated the risk for an acquiring team by reducing his salary, but that provides no guarantees (obviously, hence the risk involved). The Yankees and their fans might ponder this for a moment or two, but in the end I’m guessing the risk would outweigh the reward.
Brian Foley over at The College Baseball Blog has completed his list of the top 50 college baseball players for the 2009 season. San Diego State superstud Steven Strasburg tops the list, and this gives us a nice glimpse into some of the top talent for the June draft. Check it out. · (40) ·
For the most part, minus a potential Andy Pettitte signing, the Yankees are done with their major dealings this winter. From here on out, it’s about tweaking what they’ve got in order to optimize their roster heading into Spring Training and eventually Opening Day. This will probably be our focus for the rest of the winter, which is just fine by me. Baseball is a nuanced game, and we’re getting into those nuances right now. First up, the arbitration process.
We’ve seen the deadline for offering your own free agents arbitration pass, so it’s time for the next group to file: three- to five-year players. You can add to this group Super Two players. Barry Bloom, in an article about arbitration cases, explains:
Currently, clubs control the contracts of almost all players with zero to three years of Major League experience, save for a small group of “Super Two” players who are eligible for arbitration early if they played in the Majors at least 86 days in the previous season and were among the top 17 percent in cumulative playing time in that group with at least two to three years of experience.
Melky Cabrera qualifies as a Super Two and is arbitration eligible this year. He joins Brian Bruney and Xavier Nady as the only Yankees who will face this process. The Yankees other eligible player, Chien-Ming Wang, agreed to a $5 million 2009 salary last week to avoid arbitration.
Most people are familiar with what happens from here on out. Eligible players file to protect themselves. Then they negotiate with their teams until February, when the hearings begin. Prior to the hearing the two sides exchange figures of what they deem a fair salary. If no agreement is reached prior to the scheduled hearing, both parties appear before a three-member panel and argue the case. The panel then determines which of the two figures better reflects the player’s value.
Hearings, though, are quite the rarity these days. Bloom notes that 110 players filed for arbitration last year. Only eight of them went to the hearing. Fewer than half, 48, even exchanged figures with their respective club. This suggests that both sides benefit from striking a deal beforehand. Maury Brown of Biz of Baseball explains:
“To place the arbitration process in perspective, there is a reason that so few clubs and players go all the way to hearing,” said Brown, who noted that the owners have beaten the players in arbitration for 12 consecutive years. “The stakes are too high. That and the clubs really lose even when they win. Whether a deal is struck before hearing, or if a club wins at hearing, the player nearly always gets a hefty raise.”
As for the Yankees specifically, the only case that might to to a hearing is Nady, who is represented by Scott Boras. Bruney and Melky figure to settle beforehand, earning raises over their 2008 salaries, but nothing ridiculous. Both faced troubles during the year — Bruney a foot injury and Melky a demotion to AAA — so they don’t have much leverage. Nady on the other hand made just $3.35 million last year, and by the numbers he far outplayed his salary. When Boras is involved in a case like this, you can’t really assume anything (but that won’t stop us from trying).
My guesses as to what each player will earn, hearing or not:
Bruney: $1.2 million
Nady: $6 million
Things will be much more interesting for other teams. Ryan Howard won a $10 million salary in arbitration last year and went on to lead the league in homers and RBI, and his shiny ring won’t hurt him in the process. Bloom predicts a 50 percent raise, meaning $15 million for the second-year arbitration eligible player. Howard’s hearing last year could play into the Brewers situation with Prince Fielder, who is arbitration eligible for the first time. He won’t get $10 million, but if he plays his cards right he could get $7 or $8, which is still a high figure for a first-year arbitration player.
Little things like this help get us through the cold months prior to Spring Training. So please: comment, dissect, analyze, etc.