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Yankees Bet on Resurgent Matt Holliday

Over the last few years, the New York Yankees have placed a focus on getting younger. The attempts to make that happen have been mostly successful. The data back it up. Consider: since 2014, the average age of the club’s batters (weighted by plate appearance) has decreased from 32.5 to 31.2 to 30.0.

At first glance, the Yankees’ decision on Sunday to sign Matt Holliday to a one-year, $13 million contract might seem to run contrary to these efforts. Adding a 37-year-old to play designated hitter doesn’t immediately seem like the sort of move that would continue to facilitate the Yankees’ youth movement. That said, this is the same club that allocated a majority of the team’s plate appearances at DH last season to 40-year-old Alex Rodriguez and 39-year-old Carlos Beltran. In a crowded market for designated-hitter types, the Yankees acted relatively early and might have gotten one of the better deals for the upcoming season.

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Yankees’ Struggles Aren’t Fault of CBA

While everyone else basks in the glow of continued labor peace and begins to explore the minutia of the latest pact between the league and its players, the Yankees remain committed to a PR campaign against the collective bargaining agreement and its (negative) influence on the team’s ability to compete. The latest critique comes courtesy New York Yankees general manager Brian Cashman in a piece from George King III of the New York Post.

We’ll get to that in a moment. Before we do, though, we should acknowledge that, yes, the Yankees pay a substantial amount both in revenue sharing and luxury tax. Yankees president Randy Levine indicated that the former obligation was $90 million in 2015 — from a combination both of the standard 34% revenue sharing and also a performance factor, explained in greater depth here by Wendy Thurm. As a result of these obligations, the Yankees are giving more money back to small-market teams than any other club in baseball. Add in more than $300 million in luxury-tax/competitive-balance penalties over the last decade, and it’s pretty easy to see the Yankees’ grounds for dissent.

That’s not the real cause of the Yankees’ failure to dominate in recent seasons, however. Rather, poor spending and failed player development have been the team’s main issues.

But back to Cashman, for a moment. In his recent comments, he was unambiguous about the effect that the last few CBAs have had on his club.

“The CBA is going to affect us in the long term,” general manager Brian Cashman said Tuesday at Yankees scout Cesar Presbott’s Thanksgiving turkey giveaway in The Bronx. “It’s already crippled us in the short term. Exhibit A is our free agency last year and a lot of the international markets I’ve been taken out of.

“The previous CBAs have really hindered us, so I think the next one is something we’re clearly going to be interested in on how it will impact us over the entire course of the term of the contract. The previous ones have impacted us in a bad way.”

As noted above, the Yankees have been compelled to contribute quite a bit in revenue sharing, etc. — ultimately paying out probably more than a billion dollars directly to their competitors over the last decade. It’s not that simple, though.

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Atlanta Trades for Upside in Form of Jaime Garcia

The Braves’ first few moves of the 2016-17 offseason — and, in particular, the acquisitions of both Bartolo Colon and R.A. Dickey — appeared to raise the floor for an Atlanta club team designed to survive, if not necessarily thrive in, 2017. The club’s most recent move might not help raise that floor any higher. What it could do, however, is heighten the team’s ceiling — and, at the very least, provide the club with an interesting trade chip for the July trade deadline.

Earlier tonight, the Braves traded three prospects to the St. Louis Cardinals in exchange for Jaime Garcia, who enters the final season of an extension signed back in 2011.

Here’s the trade in full.

Braves Receive:

  • Jaime Garcia

Cardinals Receive:

When healthy, Garcia has been an effective pitcher. Over the course of his career, he’s produced a better-than-average FIP and ERA (both 8% lower than league average). Staying on the mound for any length of time has been the issue for Garcia, however. After recording 194 innings in 2011 — and earning a four-year contract extension (with two options) along the way — Garcia struggled to stay healthy. He managed only 220 innings over the next three seasons combined and began 2015 on the disabled list. His numbers were never particularly bad during that span — and were, in some cases, quite good. After thoracic outlet surgery in the middle of 2014, however, his career appeared to be in some jeopardy.

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The Cubs Have Too Many Outfielders!

On paper, it’s hard to see Jon Jay as any sort of upgrade for the defending World Champion Chicago Cubs. Prior to the one-year, $8-million agreement between Jay and the club, our Depth Chart projections featured Jason Heyward as the recipient of the majority of the team’s center-field plate appearances, with Kyle Schwarber receiving most of the time in left, Ben Zobrist in right, and Jorge Soler serving as a backup at each of the latter two positions. Adding Jay, moving Heyward from center to right, giving Zobrist the majority of time at second base, and forecasting fewer plate appearances for Javier Baez (who had appeared as the starting second baseman on the depth charts previous to the acquisition of Jay) does little to help Chicago’s projections. That said, the acquisition probably does have benefit for the 2017 club — even if the abundance of outfielders ultimately serves to diminish the trade value both of Soler and Albert Almora.

Despite his otherworldly defense in right field, Heyward doesn’t seem to be an ideal fit in center. While he can handle the position, the Cubs have appeared unwilling to make him the starter there. They re-signed Dexter Fowler to avoid that scenario this past year and were likely always going to find a replacement for Fowler this offseason. The addition of Jay gives them the opportunity to deploy a platoon in center now, with Jay handling the lefty side of things and a 23-year-old Almora taking a couple hundred plate appearances from the right. That’s a sensible solution. As sensible as it is, though, some questions remain regarding the Cubs outfield.

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The Dodgers’ Payroll Situation Is Far from Dire

The Los Angeles Dodgers have been incredibly successful on the field under the Guggenheim Group, winning four straight division titles and twice coming within two games of a World Series appearances. Not only does the club possess a massive television contract with Time Warner, but they’ve also drawn more than 3.7 million fans in every season under the current ownership group. The team has also been at the top of Major League Baseball payrolls — and, including competitive-balance tax money, has paid out roughly $1.2 billion in salaries over the past four years. There are rumblings that those payroll figures could come down quite a bit, with a detailed piece from Bill Shaikin in the Los Angeles Times indicating how and why payroll could be reduced.

Shaikin does a good job separating the Dodgers’ debt issues from their payroll concerns. While obviously related at some level — both matters are relevant to the Dodgers’ financial health — the one doesn’t necessarily affect the other. According to the current (and expiring) collective bargaining agreement, teams are forbidden from carrying a franchise debt in an amount greater than eight to 12 times the team’s earnings. (The exact multiplier depends on a few different factors not worth exploring here, and how earnings are calculated and why it matters are explained in this comment.) The rule exists to ensure the financial security of all MLB teams, limit outside influences, and make certain that teams aren’t in danger of going under. The Dodgers’ ownership group has been given five years as a grace period before the rule applies to them, giving them another year to address their debt.

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Tim Raines’ Last Hurrah Highlights Hall of Fame Holdovers

While the Hall of Fame ballot is still heavy with deserving candidates, last season did help a bit in terms of making this year’s decision easier for voters. Ken Griffey Jr. and Mike Piazza gained entry this past January, Alan Trammell and Mark McGwire exhausted their eligibility, and both Jim Edmonds and Nomar Garciaparra failed to receive the necessary 5% of the vote required to remain on the ballot.

Among the newcomers, only four candidates — Vladimir Guerrero, Jorge Posada, Manny Ramirez, and Ivan Rodriguezappear worthy of serious consideration. With more voters than ever choosing to fill their ballot with 10 names, several players close to induction — in particular Tim Raines, who enters his final year on the ballot — might stand to benefit.

Last year, Jeff Bagwell fell 15 votes short, while Raines and Trevor Hoffman received 23 and 34 fewer votes, respectively, than the 330 necessary to appear on 75% of the ballots and (in turn) earn a place in the Hall.

The electorate, of course, isn’t composed of a static number. Some voters choose not to cast a ballot and others fail to meet the requirements of voting. Still other members receive their Hall of Fame ballots for the first time. In the end, it’s the 75% figure that’s the relevant one, not 330.

As for this year’s returning candidates, the cases for or against them are pretty clear. For a few borderline cases, meanwhile, this year’s voting represents an opportunity to gain the necessary momentum to receive induction at a later date. Of the 15 returning candidates, there are six pitchers, five outfielders, and four infielders. Let’s start with the outfielders.

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A First Look at the Hall of Fame Ballot

Once again, we find ourselves approaching the Hall of Fame debate season. As has been the case over the past few years, a collection of strong candidates returns to the ballot after having received the minimum 5% of votes required to remain. Those holdovers will be fighting against a new class headed by Vladimir Guerrero, Manny Ramirez, and Ivan Rodriguez. As usual, there are a host of other, newer candidates unlikely to see a second vote. Last year, Jim Edmonds fell off the ballot in his first try to reach the minimum threshold. Unlike last year, however, this year’s most deserving candidates are all likely to remain eligible going forward.

This year’s list is awash with hitters; the only newcomers on the ballot who made their living on the mound are Arthur Rhodes and Tim Wakefield. Before getting to the better candidates, let’s take a quick look at the players who failed to reach the 30 WAR mark over the course of their careers. These players aren’t bad by any stretch of the imagination. All of them played at least 10 years in the majors. That said, their careers aren’t worthy of serious consideration for the Hall of Fame. The numbers below include career WAR, HOF points and HOF Rating. An explanation of the latter two metrics can be found here. Briefly put, however, the numbers represent an attempt (like Jay Jaffe’s JAWS system) to account simultaneously for a player’s peak and overall production.

2017 HOF Ballot: Under 30 WAR
Player HOF Points WAR HOF RATING
Tim Wakefield 4 27.5 15.8
Melvin Mora 15 27.3 21.2
Carlos Guillen 11 25.4 18.2
Orlando Cabrera 10 24.6 17.3
Jason Varitek 7 24.3 15.7
Casey Blake 8 22.3 15.2
Pat Burrell 7 19.0 13.0
Arthur Rhodes 3 17.6 10.3
Freddy Sanchez 6 15.7 10.9
Matt Stairs 2 12.3 7.2

I haven’t bothered to include the Points and Rating scores that generally serve as the thresholds for entry into the Hall of Fame — I’ll do that below. What’s relevant for now is that none of the players listed here approach those thresholds. Again: all great players, just unlikely Hall of Famers.

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Just How Awful Is This Crop of Free-Agent Starters?

After Jeremy Hellickson‘s decision to accept his qualifying offer, Bartolo Colon and R.A. Dickey’s respective agreements with the Atlanta Braves, and the Houston Astros’ acquisition of Charlie Morton last week, the starting-pitching market in free agency is pretty well depleted. If two 40-plus-year-old pitchers and two other pitchers who’ve produced a single above-average season between them can deplete a class, it’s probably safe to assume that the class in question is pretty dreadful. Last year, eight pitchers signed contracts guaranteeing at least $70 million; this year, we might not see any.

We can get a decent idea of how little there is out there by looking at the projections. Our Depth Chart projections call for 247 pitchers to record at least five starts next season. Of the top 150 — equivalent to five per team — only seven are free agents currently.

Free Agent Starters
Name GS IP ERA FIP WAR
Rich Hill 23 138 3.36 3.50 2.9
Ivan Nova 29 168 4.10 4.03 2.3
Edinson Volquez 29 167 4.36 4.30 1.9
Derek Holland 29 170 4.33 4.45 1.8
Jason Hammel 28 155 4.35 4.30 1.7
Jorge de la Rosa 26 145 4.29 4.38 1.6
Doug Fister 28 158 4.51 4.52 1.4

For those clubs in need of a starter, there’s 38-year-old Rich Hill, a half-season of optimism courtesy Ivan Nova, and… zero other pitchers forecast to record an average, two-win season. Generally, free agents will not have youth on their side, as it takes six full years of service time to get to free agency, but this group is particularly long in the tooth. Nova is the only one under 30, while five of seven will play next season at age 33 or older — and that doesn’t even include the aforementioned Colon and Dickey.

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Dexter Fowler Should Age Well, Regardless of the Defense

It would be fair to label me a skeptic of Dexter Fowler’s defense skills. Despite recording basically average fielding numbers over his two years with the Cubs, Fowler had graded out as a distinctly below-average center fielder in every season of his career before joining Chicago ahead of the 2015 season. In each of the past two years his name has appeared in my early-season defensive-outlier posts, and before last season, I wrote an entire piece wondering if Fowler had actually improved as a defender or if he had merely benefited from better positioning.

Of course, even if the pre-Chicago version of Fowler is the real one, he actually still profiles as a decent player. He has a fantastic walk rate, has exhibited average power as a major leaguer, makes good contact — and, since leaving hitter-friendly Coors Field, has managed to produce a 121 wRC+, well above league average. Dexter Fowler the Hitter and Dexter Fowler the Fielder present two different points from which to begin an analysis of his future value. Let’s take a look at both.

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Jose Bautista Fighting Decline

Back in 2008, after a half-decade of great hitting, David Ortiz slumped a bit, recording “only” a 124 wRC+. At 32, it was fair to expect some decline in performance. An offensive line 24% better than league average — as opposed to the 45-75% he’d been sustaining — seemed like a reasonable indicator of that decline. The next season, Ortiz slumped even more, posting just a 100 wRC+, essentially becoming a replacement-level player in the process. It made sense to wonder if he were finished. He wasn’t, of course. Ortiz proceeded to put up a 148 wRC+ over the next seven years, retiring after this past year following his age-40 season.

At 36, free agent Jose Bautista is a few years older than Ortiz was back in 2008, but similar questions apply. From 2010 to 2015, the former Jays outfielder put up a 156 wRC+, establishing himself as one of the best hitters in the game. He entered spring training this year thinking big in free agency, hoping for a contract well above $100 million. Following his 2016 season, that seems less likely. Bautista produced “only” a 122 wRC+ — and, for the first time during his tenure with the Blue Jays, Bautista was a below average player, putting up just a 1.4 WAR.

Despite a disappointing season at the plate, though — and questions about his arm holding up in the outfield — the projections expect a rebound for Bautista. Our Depth Chart forecast calls for a 128 wRC+ and 2.8 WAR from Baustita, which would still make him a valuable player next season.

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