Heyman: Yankees among teams with “strong interest” in Hanrahan

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.

Crasnick: Yankees one of several teams with interest in Joel Hanrahan

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.

Martino: Yankees continue to monitor Hanrahan


Outside of Matt Thornton and some minor league pickups, the Yankees didn’t do much to improve their bullpen this past offseason. David Robertson will take over as closer but the team did not replace Mariano Rivera in the sense that they lost an elite reliever and didn’t pick up anyone to take his spot. New York has a bunch of interesting young guys in camp and Joe Girardi always seems to cobble together a good bullpen out of nowhere, so it might not even be a problem.

The Yankees signed former All-Star closer Andrew Bailey to a minor league contract over the weekend, but that move is geared more towards 2015 than 2014. He is rehabbing from surgery to repair a torn shoulder capsule (and labrum!) and both Girardi and Brian Cashman confirmed that if he does pitch this year, it won’t be until late-August or September. According to Andy Martino, the Yankees have been monitoring two other relievers who are returning from injury and could provide more immediate help:

It turns out the Yanks sent a scout to a recent showcase for former Phillies closer Ryan Madson, according to a source — and while impressed by Madson’s arm after two years of rough recovery from Tommy John surgery, the team considered his asking price excessive.

The Yankees also continue to monitor another another former All-Star, Joel Hanrahan, who underwent Tommy John last year (the Mets have also watched him throw a bullpen session).  If Robertson is successful, a player like Hanrahan would probably serve as a setup man.

Madson is the rare Tommy John surgery failure story — he had the procedure two years ago and has not pitched since due to continued setbacks and complications. The 33-year-old has been working out for teams for a few weeks now and there have been no reports of his asking price, whatever it may be. After two lost years, I’ve been assuming he would have to take a minor league deal like Bailey. I guess he’s shooting for more since he’s in a better position to help a team right away.

Hanrahan, 32, not only had Tommy John surgery last May, he also had his flexor tendon repaired and bone chips removed from his elbow. They did all three procedures at once and while he is currently throwing off a mound, Hanrahan isn’t expected to be game ready until May or June. There’s a chance he will be ready sooner rather than later just because he’s a one-inning reliever and won’t have to get stretched back out like a starter.

Given his timetable and the nature of his injury, Hanrahan might be the best 2014 bullpen option among himself, Bailey, and Madson. We know Bailey won’t be able to help until late in the year, if at all. Madson hasn’t pitched in two years and since he’s already had so many setbacks with the elbow, I don’t think you can count on him to be healthy and productive until he’s actually on a big league mound being healthy and productive. All three guys were elite when they were last healthy, but Hanrahan’s injury is the least severe. (They’re all severe, obviously.)

The Yankees have been signing injured pitchers and waiting for them to get healthy for years. They did it with Jon Lieber (worked out) and Octavio Dotel (didn’t work out) back in the day and with David Aardsma (didn’t work out) more recently. Bailey is the latest example and if Madson’s demands remain excessive for a pitcher who hasn’t pitched in two years, Hanrahan could be the next. With nothing but scraps left on the free agent market and teams not really looking to trade relievers at the moment, he is their best option for potential high-end bullpen help in the near future.

A look at the reclamation project reliever market

Bailey. (Jim Rogash/Getty)
Bailey. (Jim Rogash/Getty)

In 19 days, we will know where Masahiro Tanaka will pitch next season one way or another. He’ll either sign with an MLB club or return to the Rakuten Golden Eagles for another season. The Yankees are expected to be heavily involved in the bidding for Tanaka, and, until his January 24th signing deadline passes, the right-hander figures to dominate the hot stove headlines.

The Bombers definitely need another starter — you can argue they need two more starters, really — and that is the top priority right now, but they also need bullpen help. Quite a bit of bullpen help, really. The Yankees have already signed lefty Matt Thornton to a two-year deal but he is just a lefty specialist at this point of his career. They could use another non-specialist — someone who can get both lefties and righties out — to pair with David Robertson and Shawn Kelley. Someone to knock the Dellin Betanceses and Preston Claibornes of the world down a peg.

We’ve already looked at Grant Balfour, who would be a great bullpen addition after his deal with the Orioles fell through. Great as long as the medicals check out, I mean. Other big-ish name relievers available in free agency are Francisco Rodriguez, Fernando Rodney, and former Yankee Luis Ayala. That’s … not very appealing. There are also plenty of reclamation project types though, guys coming off injury and/or poor performance who could sign relatively cheap. Maybe even on a minor league deal. Here’s a run down of the reclamation project lot.

Andrew Bailey
Bailey, 29, is a New Jersey native who was one of the very best relievers in baseball while with the Athletics from 2009-2011 (2.07 ERA and 2.74 FIP). The last two years with the Red Sox have been a struggle both performance-wise (4.91 ERA and 4.68 FIP) and physically, as thumb and shoulder surgery have sidelined him.

Bailey had surgery to repair a torn shoulder capsule in late-July and the next pitcher to come back from a torn capsule to be even league average will be the first. Its list of victims includes Chien-Ming Wang, Mark Prior, Rich Harden, Johan Santana, and John Danks. Given the timing of the surgery, it’s unlikely Bailey will be able to pitch at all in 2014. At least not enough to make a real impact.

Mitchell Boggs
Two seasons ago, the 29-year-old Boggs was a key cog in the Cardinals’ bullpen as they advanced to the NLCS (2.21 ERA and 3.42 FIP). Last season was a total disaster (8.10 ERA and 7.42 FIP) as he lost the strike zone (7.71 BB/9 and 16.7 BB%) and found himself back in Triple-A, where he wasn’t much better (6.07 ERA and 5.09 FIP).

Boggs wasn’t hurt in 2013, he was just terrible. He’s always been a hard-throwing guy with sketchy command, but everything fell apart last year. The Mets, Cubs, Phillies, Indians, and Mariners are among the clubs with interest in him according to Jayson Stark. The Cardinals know pitching as well as anyone, and if they cut ties with Boggs — they traded him to the Rockies for a small amount of international spending money in July — he might not be salvageable.

Octavio Dotel
The 40-year-old Dotel was still going strong in 2012, when he had a 3.57 ERA and 2.30 FIP for the Tigers. He was limited to only 4.2 innings last year thanks to elbow inflammation that which required platelet-rich plasma treatment, according to Bob Nightengale. Dotel hoped to be healthy in time to showcase himself in winter ball, but that didn’t happen. Given his age and injury, Dotel is as risky as it gets. Add in his career-long problems with lefties — he’s basically a right-handed specialist — and there’s even more reason to be skeptical.

Hanrahan. (J. Meric/Getty)
Hanrahan. (J. Meric/Getty)

Joel Hanrahan
The Red Sox acquired Hanrahan last winter and he lasted only 7.1 innings before blowing out his elbow in mid-May and needing not only Tommy John surgery, but also surgery to repair a torn flexor tendon and remove bone chips from his elbow. Before getting hurt, he was awesome with the 2011 Pirates (1.83 ERA and 2.18 FIP) and slightly less awesome with the 2012 Pirates (2.72 ERA and 4.45 FIP).

Hanrahan, 32, is currently throwing off a mound as part of his rehab and he plans to showcase himself for teams in Spring Training, so says Tim Dierkes. Elbows are generally fixable and Hanrahan has always been a high-strikeout (career 9.29 K/9 and 24.0 K%) guy with no substantial platoon split. His experience as a closer is a plus, but, given the Yankees’ bullpen situation, not exactly a requirement at this point.

Ryan Madson
Elbows are generally fixable like I said, but Madson is the exception. The 33-year-old had Tommy John surgery in April 2012 and has not pitched since due to rehab and subsequent setbacks. He had another surgery last May to clean out scar tissue. Madson, who was unreal before getting hurt (2.78 ERA and 2.74 FIP from 2009-2011), has been holding private workouts for teams in recent weeks according to Jon Heyman. There’s really not much more he can do at this point. He’s a total unknown after missing two full years.

Eric O’Flaherty
O’Flaherty, 28, is the only left-hander in this post. He was stellar with the Braves from 2010-2012 (1.59 ERA and 2.98 FIP) because he dominated lefties (.219 wOBA against) and held his own against righties (.293 wOBA against). O’Flaherty blew out his elbow late last May and had Tommy John surgery, which figures to keep him out until midseason 2014.

The Braves have been talking with their former southpaw about a reunion all winter, and a few days ago Dave O’Brien said talks were still ongoing. With Thornton slated to be the top lefty come Opening Day, the Yankees can afford to be patient and wait for O’Flaherty — who is more than just a matchup southpaw, remember — to be ready at midseason. It’s worth noting O’Flaherty and former teammate Brian McCann are very good friends — McCann said he took #34 with the Yankees to honor O’Flaherty — which could give New York a recruiting edge.

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The price for reclamation projects has gone up in recent years, just like it has for all free agents. Getting these guys on minor league contracts is the best case scenario but it might not be possible at this point. Bailey’s shoulder injury really scares me and the fact and he’s unlikely to help much in 2014 makes him an easy pass in my opinion. Hanrahan and O’Flaherty are the most appealing to me with Madson a distant third.

The Yankees can use some more certainty in the bullpen right now and none of these guys provides it. I think they need to add another reliever (or two) who they can count on to be ready for Opening Day. If they could snag someone like that plus, say, Hanrahan on a one-year deal (with an option, ideally) and treat him as a midseason pickup, great. I’d rather not see the Yankees treat a reclamation project as Plan A, however.