2016 Winter Meetings Open Thread: Thursday

(Jonathan Daniel/Getty)
(Jonathan Daniel/Getty)

The 2016 Winter Meetings wrap-up today from the Gaylord National Resort & Convention Center in National Harbor, Maryland. Late last night the Yankees swooped in and agreed to re-sign Aroldis Chapman to a five-year contract worth $86M, which is easily the largest reliever contract in history. Now the team can move on to other business, like adding rotation and middle relief help.

“I’ve got a lot of different things going on,” said Brian Cashman to Bryan Hoch. “Listen, they’ve got a time frame in free agency. They’re going through their process. In the meantime, I’m doing a whole bunch of other stuff at the same time. I’ve had several conversations with various agents today and a lot of club activity at the same time.”

On Wednesday we learned the Yankees have cast a wide net for bullpen help and have checked in on White Sox closer David Robertson and free agent Sergio Romo. Also, they want Ruben Tejada and Nick Rumbelow on minor league deals. We’ll once again keep track of the day’s Yankees-related rumors right here, so make sure you check back often. I can’t promise a ton of updates. The final day of the Winter Meetings is traditionally the slowest. All time stamps are Eastern Time.

  • 9:30am: When asked about recent rumors involving Brett Gardner and the Orioles, Cashman said he wouldn’t have a problem making a trade within the AL East. “If I can trade with the Red Sox and Mets, I can trade with the Orioles,” he said. Interestingly, Cashman said he tried to trade Ivan Nova to the O’s at the deadline. [Pete Caldera, Hoch]
  • 10:29am: Cashman doesn’t expect to pursue any more position players this offseason. The focus is pitching. “It’s unlikely for us to make any changes on the position player side unless we trade Gardy,” said the GM, who added he’s rejected offers for Chase Headley. [Caldera]
  • 11:23am: Not surprisingly, Cashman said the Yankees are basically out of spending money this offseason after signing Chapman. Good thing the free agent class stinks, huh? [Andrew Marchand]
  • 12:24pm: Once again, Cashman reiterated he’s not optimistic about improving the rotation this offseason. “I don’t anticipate adding any starting pitching. I’d love to if I could but I doubt it’s realistic,” said the GM. [Marchand, Erik Boland]

Reminder: Your trade proposal sucks.

Yankees lose Torrens, six others in 2016 Rule 5 Draft

Torrens. (MLBpipeline.com)
Torrens. (MLBpipeline.com)

Thursday morning, the 2016 Winter Meetings unofficially wrapped up with the Rule 5 Draft. Traditionally everyone heads home after that. The Yankees were not able to make a Rule 5 Draft pick this year because their 40-man roster is full, though their incredibly deep farm system was raided pretty good, as expected. So it goes. Here’s a recap of the damage:

Major League Phase

2. Reds: C Luis Torrens (traded to Padres, according to Jonathan Mayo)
7. Diamondbacks: RHP Tyler Jones
9. Brewers: LHP Caleb Smith (traded to Cubs, the team announced)
13. Pirates: LHP Tyler Webb

Triple-A Phase

4. Rays: RHP Ty Hensley
15. Royals: RHP Kelvin Magallanes
30. Cubs: IF Kevin Cornelius

As a reminder, players selected in the Major League phase of the Rule 5 Draft have to stick on their new team’s 25-man active big league roster all next season, or be put on waivers and offered back to the Yankees. The Triple-A phase works differently. That’s just a straight draft. The players are gone. They don’t have to be offered back.

Torrens is the big name here. He was New York’s top catching prospect now that Gary Sanchez has graduated to the big leagues, though he’s been beset by shoulder injuries the last two years. He missed the entire 2015 season with labrum surgery and was slowed by a setback earlier this year. When healthy this past season, Torrens hit .236/.336/.318 (97 wRC+) with two homers and nearly as many walks (11.9%) as strikeouts (15.0%) in 55 total games for Short Season Staten Island and Low-A Charleston.

The chances of a 20-year-old catcher who has played 49 career games in a full season league, all at Low-A, sticking in the Major Leagues next season are so incredibly small. It’s hard to hide a catcher all season, especially in the National League, plus sitting on the bench most of the year and getting maybe 200 at-bats isn’t good for Torrens’ development at this point either. (The Padres are also going to be developing Austin Hedges, their own top catching prospect.) The $1.2M bonus baby from 2012 will almost certainly be offered back in Spring Training. If not, then, well, good luck to him. Torrens will have missed a lot of development time from 2015-17.

Webb, 26, was a lock to be picked in the Rule 5 Draft as a southpaw with some velocity and a history of missing bats at Triple-A. This season he had a 3.59 ERA (2.76 FIP) with 27.1% strikeouts and 7.6% walks in 72.2 innings at Triple-A Scranton, his third year at the level. The Yankees didn’t have the 40-man space to protect him. Webb, a tenth round pick in 2013, has a pretty good chance to stick with the Pirates all season, and even if he doesn’t, he’ll probably be claimed on waivers before being returning to the Yankees. Lefties get plenty of chances.

Webb. (Presswire)
Webb. (Presswire)

Smith, like Webb, is a lefty with a good fastball. He had a 3.96 ERA (3.15 FIP) with 25.1% strikeouts and 7.2% walks in 63.2 Double-A innings this year, his second season at the level. It’s going to be really tough for the 25-year-old to stick all season with a championship team, but apparently the Cubs are going to try. Smith was New York’s 14th rounder in 2013. Jones, 27, had 2.17 ERA (1.50 FIP) with 34.2% strikeouts and 5.6% walks in 45.2 Double-A innings in 2016. The Yankees signed him as a minor league free agent last offseason.

In the Triple-A phase, the most notable name by far is Hensley, the Yankees’ first round pick in 2012. He’s thrown only 42.1 professional innings total due to all sorts of injuries, including hip and hernia surgery, and a pair of Tommy John surgeries. Hensley is currently rehabbing from his second elbow reconstruction. He was still rehabbing from the first procedure when his new ligament gave out. Rough. The Rays have nothing to lose but a low level roster spot, so they’re going to roll the dice and see what happens.

Magallanes and Cornelius are a pair of organizational depth players. The Royals and Cubs are just plugging some minor league roster openings. Magallanes, 22, has yet to make it out of rookie ball. He has a 6.89 ERA (4.78 FIP) in 160.2 career innings. The 24-year-old Cornelius smacked 15 dingers in only 63 games with Rookie Pulaski and High-A Tampa this year. He hit .292/.383/.584 (172 wRC+) overall and was way old for both levels. New York selected him in the 31st round of the 2013 draft.

The Yankees did made two picks of their own in the Triple-A phase of the Rule 5 Draft: C Jorge Saez from the Blue Jays and RHP Colten Brewer from the Pirates. Does Webb-for-Brewer qualify as the annual Yankees-Pirates trade? Eh, whatever. Anyway, the 26-year-old Saez hit .260/.314/.495 (126 wRC+) with 12 home runs in only 58 games between High-A and Double-A this past season. He’s a defense first catcher who is probably going to be the backup at Double-A Trenton this year. Saez fills a roster need, that’s all. He was Toronto’s 32nd round pick in 2012.

Brewer, 24, pitched to a 4.09 ERA (3.67 FIP) in 70.1 innings across 13 starts and five relief appearances at High-A in 2016. The Pirates selected him in the fourth round of the 2011 draft, so he was kind of a big deal at one point. Brewer is a low-90s sinker guy who is still trying to figure out secondary stuff. The Yankees found gold in the minor league phase of the Rule 5 Draft last year with Yefrey Ramirez. I wouldn’t get my hopes up with Brewer. Minor league Rule 5 Draft success stories are extremely rare.

So, after all of that, the Yankees lost seven players and gained two in this year’s Rule 5 Draft. Torrens is, by far, the most important one to follow in Spring Training. The history of catchers sticking as Rule 5 Draft picks is pretty terrible, but Torrens is really talented, and the Padres might be determined to keep him around long-term. The Yankees simply didn’t have enough 40-man roster space to protect him (or Webb). We’ll see how it shakes out.

2016 Winter Meetings Open Thread: Wednesday

(Thearon W. Henderson/Getty)
(Thearon W. Henderson/Getty)

There is one full day remaining in the 2016 Winter Meetings and so far the Yankees have done, well, not a whole lot. Things can come together pretty quickly though. Last year at this time we were all lamenting the lack of activity, then bam, the Starlin Castro and Justin Wilson trades went down.

“The free-agent stuff, you just have to stay close to it, because that can move fast,” said Brian Cashman to Bryan Hoch. “The trade stuff, there have just been certain teams that keep pursuing specific guys, so that’s been hot. There have been a couple different dynamics that have developed. Whether they lead anywhere or not, we’ll see.”

On Tuesday we learned the Yankees made contract offers to both Aroldis Chapman and Kenley Jansen, which is interesting. I’m kinda curious to see what happens if they both accept at the same time. We’ll again keep track of the day’s Yankees-related rumors right here, so check back often. All time stamps are Eastern Time.

  • 9:30am: Chapman apparently has a $92M offer in hand. Goodness. That is offer is not from the Yankees, though they’re pursuing him aggressively and are “determined” to get a deal done. [Bob Nightengale, Jon Heyman]
  • 9:30am: The Yankees did talk to the White Sox about Chris Sale before he was traded to the Red Sox, but they weren’t going to go all out to get him. “As long as we stick to the plan, we’ll be better off in the long run,” said Cashman. [David Lennon]
  • 9:30am: The Yankees have spoken to the ChiSox about David Robertson. I assume he’s a backup plan should Chapman and Jansen fall through. The White Sox are rebuilding, and obviously the Yankees know Robertson and are comfortable with him. [Sweeny Murti]
  • 9:30am: Brett Gardner is “seen as a possible fit” for the Orioles, though they’d want the Yankees to eat some money. This sounds like speculation more than anything. I have a hard time thinking Gardner will be traded to a division rival, but who knows. [Heyman]
  • 9:40am: The Yankees are interested in signing infielder Ruben Tejada to a minor league contract. They’ll need to sign at least one stopgap infielder for Triple-A this offseason, possibly two. Also, the Yankees are trying to re-sign Nick Rumbelow as well. [George King]
  • 10:07am: It sounds as though adding a closer is the team’s top priority, so much so that the Yankees will put all their other business on hold until that’s resolved. They need to see exactly how much money will be left over, I assume. [Brendan Kuty]
  • 11:00am: Cashman reiterated he doesn’t expect to land a starter at the Winter Meetings. “I don’t anticipate it. It’s a tough market and the price tags are extremely high. We could play on a lot of things because we have a lot of prospects people desire and we desire them, too. I would say it’s less likely for us to acquire a starter,” said the GM. [King]
  • 11:23am: The Rockies have agreed to sign Ian Desmond. This is notable because Colorado is forfeiting the 11th overall pick, which means the Yankees move up from 17th to 16th. Here’s the full draft order. [Ken Rosenthal]
  • 12:20pm: Along with the Yankees, both the Marlins and Dodgers are in on Chapman and waiting to hear his decision. Chapman is New York’s top target. [Heyman]
  • 12:42pm: I don’t think this will matter, but the Yankees are one of the eight teams included in Jay Bruce’s limited no-trade clause. He could block a trade across town. [James Wagner]
  • 4:57pm: The Yankees are one of several teams to show interest in free agent righty Sergio Romo. If the Yankees miss out on Chapman and Jansen, Romo could be a setup option behind Dellin Betances. [John Shea]

Reminder: Your trade proposal sucks.

2016 Winter Meetings Open Thread: Tuesday

(Jamie Squire/Getty)
(Jamie Squire/Getty)

The first day of the 2016 Winter Meetings came and went without a move for the Yankees. Two of their reported free agent targets, Rich Hill and Mark Melancon, signed with other teams. Now that Matt Holliday is on board as the DH, pitching is the top priority, and Brian Cashman is being open-minded. “From my perspective, I’m open-minded to anything. I think it’s in your best interest to always be that way,” said Cashman to Bryan Hoch.

On Monday we learned the Yankees are still pursuing both Aroldis Chapman and Kenley Jansen, though they won’t go all out to sign them. Chapman, by the way, wants a six-year deal. The Yankees are also in the hunt for Luis Valbuena and a left-handed middle reliever. We’re again going to keep track of the day’s Yankees-related rumors right here, so make sure you check back throughout the day for updates. All time stamps are Eastern Time.

  • 9:30am: Despite their needs, it’s entirely possible the Yankees will not acquire a starting pitcher this offseason. “I think it’s less likely that we wind up with a starter. It’s a tough market to be finding one,” said Cashman. [Pete Caldera]
  • 9:30am: The Yankees have checked in on Royals closer Wade Davis and been in contact with former Royals closer Greg Holland. They’re in on many free agent relievers aside from Chapman and Jansen. [Jon Heyman, Brendan Kuty]
  • 9:30am: Cashman ruled out a run at Edwin Encarnacion, which should not be a surprise in any way. “Right now there’s not a fit because of our current setup,” said the GM. [Erik Boland]
  • 9:30am: The Yankees have fielded a “number of different concepts” involving Brett Gardner, though Cashman said none were compelling enough to complete a trade. [Hoch]
  • 10:26am: Among the other relievers the Yankees have reached out to this offseason are Brad Ziegler, Koji Uehara, and Mike Dunn. Dunn is a former Yankees prospect. [George King, Joel Sherman]
  • 10:28am: The Yankees are “intent” on avoiding huge contracts for players over 30. No surprise there. They’ve been operating that way for two offseasons now. [Heyman]
  • 11:32am: The Yankees “prepared to give” Chapman a five-year deal worth $80M. Chapman is their primary target (duh) and Jansen is the backup plan. [Heyman]
  • 12:13pm: Take this one with a grain of salt: the Yankees are reportedly “close to a deal” to acquire Gio Gonzalez for two prospects and possibly a third piece, according to Rich Mancuso. The deal is contingent on the Nationals getting Chris Sale, a la the Starlin Castro trade and Ben Zobrist last year. The Yankees have had interest in Gio in the past. This rumor does pass the sniff test, though I’d like to see some familiar names corroborate the report before fully buying in.
  • 12:41pm: For what it’s worth, Mark Feinsand says there’s no truth to the Gio rumor. Jayson Stark says the Nationals would make him available following a Sale trade, however.
  • 12:54pm: Jack Curry shot down the Gio rumor as well. Carry on.
  • 1:14pm: Chris Sale has been traded to the … Red Sox. Not the Nationals. Yoan Moncada, Michael Kopech, and two others are going to Chicago’s south side. [Ken Rosenthal]
  • 4:58pm: The Yankees have made contract offers to both Chapman and Jansen. “It’d be nice if somebody picks us at some point. If not, we’ll adjust,” said Cashman. [Hoch, Caldera]

Reminder: Your trade proposal sucks.

Thoughts following the Chris Sale blockbuster trade

(David Banks/Getty)
(David Banks/Getty)

Earlier today, the White Sox agreed to trade ace lefty Chris Sale not to the Nationals, but to the Red Sox. Boston is giving up four prospects: infielder Yoan Moncada, outfielder Luis Basabe, and right-handers Michael Kopech and Victor Diaz. Moncada and Kopech are the headliners. That is quite the blockbuster. I have some thoughts on the trade and its indirect impact on the Yankees.

1. First things first: I though the Red Sox were the clear AL East favorites before adding Sale and the trade only reinforces that belief. They added a bonafide ace, one of the five best pitchers in baseball, and gave up nothing off their projected Major League roster to do it. That’s pretty awesome for them. The Yankees are in the middle of this transition phase and the Sale trade doesn’t change their short-term outlook much. They’ll have to face him a few more times a year going forward and things like that, but it’s not like their 2017 postseason chances just took a big hit. Meh.

2. Don’t expect the Yankees to go out and make some kind of knee-jerk reactionary move. They haven’t operated that way — meaning make a move to counter a move by a rival — in a very long time. It would be kinda pointless too. The Yankees and Red Sox are playing for two very different things right now, like it or not. The Yankees have a clearly defined goal. They want to develop a new young core while getting under the luxury tax threshold in the near future to create payroll flexibility, so when those young players are ready to win, they’ll be able to spend and spend big. Not everyone likes it or agrees with it, but that’s the plan. Going out and doing what, spending big on Edwin Encarnacion?, would be counterproductive. It’d do more harm than good.

3. I never really bought the “this isn’t a good time for the Yankees to get Sale because they’re not legitimate World Series contenders” logic. Brian Cashman said something to that effect at his end-of-season press conference. There is never a bad time to get a guy like Sale, a 27-year-old legitimate No. 1 starter signed for another three seasons at a very affordable rate. You go get him and figure out the rest. He’d be the centerpiece of this transition and speed the process up. Whether the Yankees had the pieces to get a deal done (they certainly do) and would have been willing to go that high is another matter. Point is, acquiring a player of this caliber should never be ruled out just because you may not be a World Series contender right now. The logic is faulty.

4. The Red Sox swooped in and pulled the rug right out from under the Nationals, who were reportedly ready to send top prospects Victor Robles and Lucas Giolito (and others) to the ChiSox for Sale. Washington reportedly came up short with Mark Melancon this offseason and Yoenis Cespedes last offseason too. Ouch. Clearly they want to improve their rotation, so would it make sense for the Yankees to offer up Masahiro Tanaka? Tanaka isn’t as valuable as Sale for a few reasons (opt-out clause, more expensive, injury history), but he’s really freaking good, and the Nationals just might be desperate enough to bundle top prospects to get him at this point. It would be foolish for the Yankees to not check in, at least. You never know what the other team might say. Now that Sale is off the board, New York should put Tanaka on the table and gauge the trade market, especially if they’re expecting him to opt-out next year. It never hurts to listen to offers.

Quintana. (Jonathan Daniel/Getty)
Quintana. (Jonathan Daniel/Getty)

5. I assume the White Sox are open for business now. Trading Sale for prospects and keeping everyone else would be pointless. How could the Yankees take advantage? The first name that jumps to mind is Jose Quintana. He’s not Chris Sale, but he’s really good himself, and he’s signed affordably for another four years (owed $37.85M total). The Yankees have a clear need for long-term rotation help and southpaws in Yankee Stadium are always appreciated. Quintana is a long-term buy who makes so much sense for the Yankees. Todd Frazier could be of interest too, though he’ll be a free agent next winter. Relievers Nate Jones and David Robertson would be lower cost alternatives to Aroldis Chapman. I suppose the Yankees could go after Jose Abreu for first base, but they already have a new DH and need to keep at-bats open for Greg Bird and/or Tyler Austin. Abreu would have made more sense before the Matt Holliday signing. Quintana’s the prize here. He’s the player the Yankees should target if (and when?) the White Sox continue their fire sale. You can’t keep all the prospects, you know. Some are more valuable as trade chips.

6. So I guess it’s good the Yankees have all these young right-handed bats, huh? Gary Sanchez is the obvious centerpiece of the offense, but Austin and Aaron Judge arrived this past season as well, and both Clint Frazier and Gleyber Torres aren’t too far away either. (Frazier is closer than Torres.) The Red Sox have four left-handed starters under control for the foreseeable future (Sale, David Price, Eduardo Rodriguez, Drew Pomeranz) and both the Blue Jays (J.A. Happ, Francisco Liriano) and Rays (Blake Snell, Drew Smyly) have some southpaws too. Who knows whether the timetables will match up and those southpaws will still be in the AL East when the bats are all ready in a year or two, but I do know watching Sanchez take Sale deep over the Green Monster will be fun as hell next summer.

2016 Winter Meetings Open Thread: Monday

2016-winter-meetingsThe four busiest days of the offseason begin today. Well, three busiest days. Usually everyone heads home following the Rule 5 Draft on Thursday morning. Anyway, the 2016 Winter Meetings begin today at the Gaylord National Resort & Convention Center in National Harbor, Maryland. The Yankees are expected to get down to business today after taking some time to review the new Collective Bargaining Agreement.

“I said, ‘Listen, give me at least 24, 48 more hours to see what sort of information we can get from baseball,'” said Brian Cashman to Ken Davidoff last week. “So hopefully we’ll be able to hit the ground running Monday at the latest, but it’s in our best interest to know what we’re dealing with, first and foremost … Speeding up the process and going with the youth movement is going to play an even more important part now, more than ever with what appears to be some of the restrictions in the marketplace that are occurring here.”

The Yankees picked up Matt Holliday to be their DH last night, but they’re still in the market for “pitching, pitching, pitching.” All types. Starters and relievers, so much so that they’re said to be in on the all the top free agent closers. We’ll keep track of the day’s Yankees-related rumors right here, so make sure you check back often for updates. All time stamps are Eastern Time.

  • 10:30am: Cashman confirmed teams have asked about Clint Frazier, Aaron Judge, Luis Severino, Gleyber Torres, and Justus Sheffield this offseason, among others. The GM added he is “open-minded to listen on anything.”. [Bryan Hoch]
  • 10:30am: The Yankees have not yet made a formal offer to Rich Hill, who is said to be closing in a deal with the Dodgers. New York has been connected to Hill all offseason because he is, by far, the best available free agent starter. [Jon Heyman]
  • 10:30am: Chase Headley and Brett Gardner both remain available, though “interest is relatively mild” at the moment. [Heyman]
  • 11:47am: The Yankees are among the teams looking for a lefty reliever. I assume this means a matchup guy for the middle innings, not simply Aroldis Chapman. [Heyman]
  • 12:41pm: One of the three top closers is off the board: Mark Melancon has agreed to sign with the Giants. No word on the contract terms yet. I’ll guess … four years and $60M. (Update: It’s four years and $62M.) [Buster Olney]
  • 1:16pm: Rich Hill is off the board. The Dodgers have re-signed him to a three-year deal worth $48M, the team announced. The Yankees had been in contact with him.
  • 1:36pm: The Yankees are one of several teams in “ongoing” talks with Luis Valbuena. He’s looking for multiple years and right now the team thinks his asking price is too high. [Joel Sherman]
  • 1:50pm: Chapman wants a six-year deal and says he deserves $100M+. “The only thing I have expressed is that I would like a six-year contract … There are rumors out there that I requested $100M and that’s not true at all. I believe he who deserves something, does not need to demand it,” he said. [Marly Rivera]
  • 2:45pm: The Yankees have checked in with the Twins about second baseman Brian Dozier. Interesting. He’s better and cheaper than Starlin Castro. Whether the Yankees are willing to give up pretty good prospects to get it done is another matter. [Heyman]
  • 4:07pm: Cashman shot down the Dozier rumor. “I haven’t had any dialogue with the Twins about Dozier. That’s a false report,” he said. So much for that. [MLB Network Radio]
  • 4:21pm: Cashman acknowledged the Yankees are after Chapman, but won’t go all out to sign him. “It’s going to be costly. We’re prepared to a degree to compete for that,” he said. [Casey Stern]
  • 5:15pm: The Yankees are still talking to Kenley Jansen in addition to Chapman. There are also some bullpen trade opportunities, according to Cashman. [Hoch]

Reminder: Your trade proposal sucks.