Open Thread: A new reporting date

"Yes, all you little people are down there, and I'm up here!" (Photo Credit: Flickr user edogisgod)

Bob Klapisch reports today that the Yankees have pushed their reporting date for pitchers and catchers back to February 14th for some unknown reason. Pitchers and catcher had been scheduled to report on the 13th. Klap originally said that the change had to do with Michael Kay’s wedding, which is scheduled for the 12th, but alas. I had this big elaborate post all planned out where I’d joke about the only food on the weeding menu will be  steak and chicken parmigiana, of course with no condiments and definitely with no soup. For shame.

Anyway, here is tonight’s open thread. The Rangers, Isles, Devils, and Nets will be in action, plus you have the Packers at the Falcons a little later on (8pm ET, FOX). You all know what to do, so have at it.

Expecting Jesus

"That death valley's going to play havoc with my EqA." (AP Photo/Kathy Willens)

The superlatives are familiar by now. Keith Law compares his hitting style to Frank Thomas; Kevin Long has invoked the name of Robinson Cano. Baseball America’s 2010 Scouting Report projects him as having 80 power on a scale of 20 to 80. Even our own Mike Axisa has speculated that we shouldn’t be surprised to see him eventually hit .300 with 30 homers on a regular basis, benchmarks that would vault him into the EqA pantheon with catching icons Yogi Berra, Carlton Fisk and Johnny Bench. As though this weren’t tizzy-inducing enough, when projecting his offensive ceiling, otherwise paragons of baseball sanity have broached names like Mauer, Konerko, and Miguel Cabrera. In responding to a reader’s question in October, Jim Callis of Baseball America chose Montero as the best hitter in the minors. From Callis via “Yardbarker”:

I don’t have confidence he’s going to stay at catcher for the long term, but I fully believe in his bat. There isn’t a minor leaguer who can match his ability to hit for average and power. He started slowly this year but rebounded to hit .351 with 14 homers in 44 games in the second half – as a 20-year-old in Triple-A. A career .314/371/511 who always has been extremely young relative to his competition, Montero has strength, bat speed and the ability to barrel balls seemingly at will…only Moustakas is in the same league as Montero in terms of power.

Still, some of us do things to stave off the hyperbole, to inhibit our own irrational exuberance, and to create intellectual distance between ourselves and the frothing lynch mob on The FAN that will inevitably call for Cashman’s head on a post at the first signs of a Montero slump.

I can’t believe we coulda’ gotten Roy Halladay straight-up for Montero! If this was Boston, they woulda’ gotten three Halladays for this kid by now.

Slightly more sane Yankees loyalists use a variety of coping mechanisms to maintain some semblance of rationality. Snarky “Jesus” jokes temporarily distract us from visions of a rookie slash line that reads like it was cut-and-pasted from Manny Ramirez’s B-Ref home page. Denial works, too. Saying things like, “He’s a little on the doughy side,” “He hasn’t faced real competition yet,” and “He’s one-dimensional” sound logical enough even though, deep down, we know they probably have little bearing on Montero’s future output as a pro. If neither of those strategies works, there’s always the milquetoast buzzkill of cautious optimism: surmising aloud that it might ultimately be in everyone’s best interest if Montero were given a full year to ripen in Triple-A, or warning that, for every Joe Mauer there are ten Ben Davis carcasses strewn across the big league landscape, can stanch one’s lapses into prospect-hugging euphoria.

But these coping devices are fleeting, mainly because having unrealistic expectations is such a stubbornly endemic component of being a Yankees fan, post-‘96. The “can’t miss” rhetoric proffered by some of the more astute and sober analysts in the game, coupled with the knowledge that Montero is the best Yankees hitting prospect in decades, will prevent a good number of us from sitting back and simply enjoying the natural ebbs and flows of a supremely talented young ballplayer.

Part of this impatience probably stems from the novelty of having our very own homegrown position player blue chip who’s on the cusp. And the proliferation of blogs and online scouting sites has enabled fans to follow Montero’s almost daily progress for the past several years. Had scouting reports been as prevalent in the early 90s, we might’ve held the same outlandish expectations for Derek Jeter, as opposed to the gigantic collective shrug that took place when the future captain made the opening day roster in 1996. Or maybe Jeter would’ve been run out of town by then, seeing as he was sent down the previous season for failing to outhit a gimpy Tony Fernandez. (The hypothetical specter of a reinvigorated George Steinbrenner harassing the Yankees brass over coffee and Danishes to “get me Roberto Hernandez for this gangly bum!” should fill us all with terror and a bit of caution.)

To its credit, the current Yankees organization has taken measures to make Montero’s eventual arrival as soft a landing as possible. By acquiring the enigmatic Russell Martin, the big club can afford to stave off Jesus’ call-up. Of course, this assumes Martin doesn’t remain mired in a mid-career offensive funk. If, however, Montero mashes in Scranton while neither Martin nor scrappy hustle machine Francisco Cervelli can exceed their 2010 WAR of 1.9 and 0.3 (?!) respectively, the only rational alternative for a team perennially competing for a championship will be to bring up the kid. What won’t be rational will be the fan and media response to it.

Prepare for a fairly massive outbreak of incredulity when Jesus Montero the human being fails to live up to the mythological beast-child with “light-tower power.” And when the fault lines in his game reveal themselves to be more gaping and persistent than his PS3 avatar’s would suggest, nerves will become even more frayed. I envision Lohud and NYY Fans crashing beneath waves of collective outrage if Montero has the temerity to slug fewer than 10 homers by Labor Day. To that end, imagine, if you dare, a mid-May oh-fer against Josh Beckett, or a bottom-of-the-ninth bases loaded strikeout looking against Papelbon. I offer my deepest sympathies for the WFAN call screeners should either occur.

Amidst any of these abject horrors, the most obvious thing of all will be overlooked, which is that Jesus Montero is really young. When Montero digs into the batter’s box for his first big league game at some point this season, he’ll be about as old as many of us were when we found ourselves slack-jawed to discover that Mom and Dad had just donated our entire baseball card collection en route to converting our old bedroom into a Bow Flex commercial. And yet even mild failure on Montero’s part will represent, for many, not just the mismanagement of resources (They could’ve gotten Halladay, you know), but further proof of the narrative that the Yankees organization is incompetent when it comes to developing top-shelf young talent.

In the worst-case scenario, Montero will struggle in all facets of his game: He’ll prove an unwieldy statue behind the plate and an exposed mark at bat. His swing will be long, he’ll clash with A.J., and he’ll lag out of the shoot. The boo birds will surface, always with a fresh and nuanced take things, and their sell low, buy high brethren will demand a trade, at least, they’ll claim, while the kid still possesses some value. Meanwhile, Montero will have only played a fraction of a season, all under the microscopic scrutiny of the New York media and a helicopter mom fan base awaiting the emergence of Hank Aaron in shinguards.

But this worst-case scenario will likely never come to fruition. Because before it ever happens, there’s a very real chance that Jesus will already be gone.

A Torrid Love Affair

AP Images/Kathy Willens

Well, it’s done. The Yankees have signed Rafael Soriano for three years and $35 million dollars. Given that Cashman said he was not interested in giving up the first round pick, it came as a bit of a surprise. In retrospect, though, everyone should have expected this.

Two words: Scott Boras. Boras and the New York Yankees have a long history, tied together by big numbers made by superstar players. This isn’t the first time Boras (with some help from the Yankees ownership) has managed to wiggle his grubby little hands deep into pinstriped pockets. As a matter of fact, it’s happened over and over. It makes perfect sense that the team with enormous financial power spends a lot of time dealing with the agent known for record-breaking contracts. Two powerhouses with complementary results should go hand-in-hand, but most of the time, both sides can’t win in a negotiation.

Exhibit A: In 1998, Bernie Williams was coming off a .328/.408/.544 season where he banged 21 homers and 100 RBIs. The offseason started off pretty bleak, though: George Steinbrenner had made it quite clear that his highest offer for the beloved center fielder was five years and $60M and not a dime more. Boras insisted that he had seven- and eight-year offers from mystery teams. There were plenty of people who thought this was a load of bull, but Boras held his ground, so the Yankees eyed Albert Belle instead. But Boras fought. He brought up meetings with both the Diamondbacks and the much-hated Boston Red Sox, who had were rumored to offer our dear Bernie seven years and $90M. When Belle signed with the Orioles, Boras pounced, and before anyone knew it, Williams was a Yankee to the tune of seven years and $87.5M, way above what Steinbrenner originally wanted to pay. In the end, the contract was a pretty good one: Belle suffered hip issues that knocked him out of baseball just two years later, and Bernie hit .298/.386/.480 and signed on for one last year in 2006.

Exhibit B: Alex Rodriguez. People could write books about the Rodriguez-Boras relationship, to say the least. In another example of shrewd Boras negotiating, Alex Rodriguez snapped himself up a 10-year, $252M contract from the Rangers. The franchise seemed to have forgotten they actually had to have that money to pay it, and began searching for trade options. In 2003, there was an attempt to trade Rodriguez to the Red Sox, but the complicated negotiation would have involved losing $30M. Interestingly enough, the trade fell through not because of Boras (who was fine with Rodriguez losing the cash), but the MLBPA, who felt that losing guaranteed contract money set a bad precedent. As per usual though, Red Sox loss was Yankee gain, and the Yankees acquired Rodriguez in February of 2004. But where Boras really showed off his skills was when Rodriguez opted out of the remaining three years and $72M of his contract in 2007 in favor of renegotiation. This decision, as I’m sure you all remember, was leaked during the 2007 World Series and I bet the New York Post had some really, really good front covers discussing the matter in their, ah, unique way. To calm the storm of New York rage, Rodriguez tried to soothe things by contacting the Yankees office directly, at the advice of Warren Buffet. As Rodriguez attempted to repair his public image (never his strong front) Boras took advantage of the fluctuations of the Yankees front office to secure the absolutely insanely absurd 10 year/$275M contract Rodriguez plays under today. He had a bigger hand in the incentives: each time Rodriguez passes a person on the all-time home run list, it’s an additional $6M in his pocket. If Rodriguez becomes the all-time home run leader, his contract will exceed $300M, the first ever in professional sports. I’m sure I’m not the only one who grimaces and tries to ignore how much we’re paying A-Rod in favor of the numbers he puts up, but Boras will be Boras. Truly the best worst contract ever.

I’m glad to say that the story for Johnny Damon is much shorter and sweeter. It was December 2005 and the Boston Red Sox  refused to budge on their 3-year contract offer for their center fielder, the caveman-like Johnny Damon. Damon, who had already admitted that he doesn’t want to be a Yankee, was looking for more than three years, and the Sox would not negotiate down from Boras‘ five-year plan. Boras even tried to get in contact with the Sox’s owner, Larry Luchino, but to no avail, and soon enough, Damon was a Yankee to the tune of four years and $52M. He would go on to hit .285/.363/.458 in the pinstripes and looked significantly less like a yeti, both great things about his tenure in the Bronx. I’m pretty sure I’ll always remember his 2009 double steal against the Phillies. The story has a sad note for everyone who loved Damon as a Yankee, though, and for once Boras’ demand for cash came back to bite his client. Damon demanded no less than the $13M he was paid for any further deals, and the Yankees said no. When they refused to budge, Damon was forced to take a one year, $8M offer for the Tigers. He’s a free agent now, so we’ll have to see how that ends up.

The story continues. In 2008-09 offseason, the Yankees were coming off their first season without October baseball since the strike, and they were out for blood. What do you do when you’re the New York Yankees and you want to win? You use your biggest advantage: in a mindboggling display of financial might, the Yankees signed Mark Teixeira, CC Sabathia, and AJ Burnett. Teixeira, another Boras client, picked up the record for highest paid first baseman with an eight year, $180M contract of his own. While Teixeira’s 2009 numbers were strong (he lead the league in RBIs and home runs), his glacially slow start in 2010 contributed to a down season. Here’s hoping that he’ll be make himself close to worth the $22.5M he’ll be getting in 2011.

Soriano is only another chapter in the long story between Boras and the Yankees. “Like Williams and Rodriguez, he secured himself an exorbitant amount of money; his numbers from the previous year were stellar enough to pretend to justify both the years and the cost, at least for the Yankees. think it’s safe to say that Soriano and his three year, $35M contract won’t be the last time these two powerhouses meet. Andrew Brackman, for example, is a Boras client, and I’m interested to see how he develops as a pitcher and what Boras can do for him. While Boras clients almost never completely live up to their contracts, there is no doubt many of his clients have been incredibly important and still quite valuable to the current Yankees and those of the recent past. Let’s hope Soriano continues this trend.

On extensions and Phil Hughes

One of the reasons Rays fans were happy (read: smug) to see Matt Garza dealt to the Cubs last week was because they expected the money saved on Garza to go towards other pursuits.  One option bandied about was signing a right-handed bat like Manny Ramirez or Andruw Jones. Another was attempting to lock up some of their young talent, particularly David Price, to a long-term deal. It’s doubtful they expected that money to go to Kyle Farnsworth, but hey, that’s life.

Regardless, getting Price to agree to a club-friendly long-term deal would be another coup for a Rays management team who set the gold standard for long-term deals with Evan Longoria.  The Longoria deal is perhaps the most team-friendly contract in all of baseball: a six year, $17.5M contract with three club options of $7.5M, $11M and $11.5M.  In all likelihood they’ll control Longoria for nine years and pay him $44.5 million dollars.  If you buy into the UZR-component of fWAR, his production value exceeded the total cost of his contract at the end of the 2009 season, after only two years.

It seems as if there’s been a rash of these kinds of deals in recent years. Players who have gone this route recently include Troy Tulowitzki, Carlos Gonzalez, Justin Upton, Adam Lind, Ryan Braun, Adam Wainwright, Josh Johnson, Felix Hernandez and Justin Verlander.  Other players have elected to forgo the extension and attempt to reach free agency as quickly as possible.  These players, often clients of Scott Boras, assume the risk of going year to year in exchange for the potential of higher annual paydays. Prince Fielder is a good example of this. After making under a million a year in his first three years with the Brewers, he’s netted $7M and $11M in his past two years and is eligible for a higher payday in his final trip through arbitration again this offseason.

There are pretty simple cost/benefit calculations being made by both the player and the organization. When a player signs an extension, he hedges his risk and gets decent (by MLB standards) guaranteed money early in his career.  This ensures lifetime financial security in the event that the player is unable to net another big payday due to injury or decline in performance.  It also allows him to hit the free agent market while still in his prime. For instance, Justin Upton will enter the free agent market after the 2015 season as a 27 year old after having made $51.5 million.  It’s likely that he could have netted more going year to year in arbitration and then hitting free agency two years earlier, but that’s part of the tradeoff.

The organizations are performing a similar calculation. On one hand, the club can save money by avoiding the arbitration process, which can quickly escalate compensation levels from year to year.  The club also gets cost certainty, and is often able to gain control over some of the player’s free agent years.  For their part, the clubs are wagering that the players will by and large stay healthy and give expected levels of production.  This article from MLBTR explains the rationales even further.  The downside to these deals is that the player could get injured or decline, making the contract a burden.  Scott Kazmir was a tough case for the small-budget Tampa Bay Rays.  The anchor of the rotation for years, Kazmir received $3.785M in his first arbitration-eligible season.  Shortly into the 2008 season, the Rays signed him to a three year deal for $28.5M, buying out a year of free agency, with a club option of $13.5M for the final  year.  Yet one year later Kazmir had struggled with elbow problems and performed terribly.  The Rays decided to cut their losses and were lucky to get someone to take on his contract, unloading Kazmir to the Angels.  It was a misfire for Tampa.

The Yankees have a slightly bigger budget than Tampa, but they must at least be considering what they should do about their young, cost-controlled starter Phil Hughes.  Hughes has just over two years of MLB service time, and becomes eligible for arbitration for the first time this offseason.  The Yankees will control Hughes for just three more years, through the 2013 season, before he becomes a free agent.  Hughes pulled in a little under $500K in 2010, and should be due for a decent sized pay day in 2011.  His traditional stats, favored by arbitrators, were solid: 18-10 record with a 4.19 ERA in his first full season as a starter in the American League East.

Interestingly, the Boston Red Sox were in a similar situation two years ago.  Jon Lester had just completed his first full year as a starter in the major leagues, throwing 210.1 innings with a 3.21 ERA.  His strikeout rate (6.5 K/9) and walk rate (2.8 BB/9) were decent, leaving him with a respectable 2.30 K/BB ratio.  The Red Sox clearly anticipated that Lester’s season was a harbinger of things to come, no surprise given his talent and pedigree, and signed him to a 5 year, $30M extension with a $13M club option for 2014.  The contract is backloaded, paying Lester $1M in 2009, $3.75M in 2010, $5.75M in 2011, $7.625 in 2012 and $11.625 in 2013.  All told, the Red Sox will pay Lester $43M for his 6 years of service, two of which would have been free agent years.  Lester has been dominant in the two years since signing the contract, averaging a 3.14 FIP and a strikeout rate over 9.

By way of comparison, in Phil Hughes’ first full season as a starter he threw 176 innings of 4.19 ERA ball, with a 7.5 K/9, 3.0 BB/9 and a K/BB ratio of 2.50.  The ERA (and FIP) are higher than Lester’s, but the strikeout rate and K/BB ratio are better.  While no one expects Hughes to replicate Lester’s 2009 season this year, hopes are high that he can build on his performance.  So given what we know about performance and injury risk, should the Yankees extend Hughes now, should they extend him after the 2011 season or should they continue to go year-to-year until he reaches free agency?

The largest factor to consider is Hughes’ health.  Hughes has never thrown 200 innings in his entire career, and prior to the 2010 season had a reputation as being injury-prone.  He tore his hamstring in Texas in 2007, and then sprained his ankle rehabbing the hamstring tear.  The following year he injured his ribs and missed most of the season.  In 2009 he stayed healthy in the bullpen, and then followed that up with another healthy year in 2010.  The injury history isn’t great, but there was never a major shoulder or elbow injury for Hughes.  Another factor to consider is his performance.  Simply put, what do the Yankees expect him to become?  Is he going to take a huge step forward in 2011 like Lester did in 2009, improving his peripherals and expanding his pitch repetoire?  Or will he replicate his 2010 season?  Finally, how much will it cost the Yankees to wait on an extension?  Obviously a five year deal is going to be cheaper for the Yankees now than it would be if Hughes has a great year in 2011.  Is it worth it to wait?

All told it may be prudent to delay talks of an extension with Hughes until after the 2011 season.  He may go out and hurl 200 innings of sub-4.00 FIP ball with solid strikeout and walk rates this year.  It’s true that the price of an extension would be higher next winter, but the Yankees will have gained greater insight into what to expect from Hughes in the next half-decade.  Fortunately, increased price of an extension is hardly going to bust the budget for the Yankees, so they may be more interested in trading money for certainty.  Their money is a great asset, and it allows them a certain amount of patience that other clubs don’t have.  Yet just because they have this leeway doesn’t mean they should look past the potential benefit of an extension, and if Hughes blossoms in 2011 the Yankees should try to lock him up.  This will allow them to control his cost and keep him on the roster for longer, giving them more money available to put in the piggy bank with Justin Upton’s name on it.

Open Thread: Cut those sideburns!

What the ... ?

What the hell is that, Robbie? That facial hair makes him look like a skinnier David Ortiz, and I don’t like that at all. Well, unless he hits like 2004-2007 David Ortiz, of course. I’m cool with it if that happens. Robinson needs to learn a lesson from Don Mattingly and Mr. Burns and cut those sideburns! (h/t ‘Duk)

On a more serious note, here’s the video of Jack Curry’s trip to the Dominican Republic, where he followed Robbie around during his offseason workouts. It’s not long (about four minutes), and I suggest you give it a watch. Once you’ve done that, use this as your open thread. The Devils, Knicks, and Nets are all playing at different times, but talk about whatever you want. Treat the thread as you see fit.

Olney: Soriano deal was ownership-driven

Via Buster Olney, there was a difference of opinion among the Yankees decision makers regarding Rafael Soriano, and the decision to sign him was one driven by ownership. Bob Klapisch backed up Olney’s report, and Peter Gammons specifically mentions team president Randy Levine as the culprit.

This is generally bad news, because you want the baseball people making the baseball decisions while ownership worries about making money and doing whatever else baseball team owners do. Brian Cashman was given autonomy after the 2005 season, but since then the higher-ups have gone over his head for Alex Rodriguez‘s latest contract and now Soriano. This is not a good trend, and if it continues to happen the Yankees will be right back where they were in the mid-aughts.

The RAB Radio Show: January 14, 2011

With the Rafael Soriano signing in the books, Mike and I examine the move from both the near and far perspectives. There are plenty of aspects to consider, so we’re not short on words.

This deal has implications that stretch further than the bullpen. We go over those, which, as you might imagine, include Joba.

Podcast run time 27:17

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Intro music: “Smile” by Farmer’s Boulevard used under a Creative Commons license