A bevy of trades went down over the weekend, as this year’s trade deadline-season entered into full swing. Here are the prospects who changed teams the last couple of days, as evaluated by my newly updated KATOH system. KATOH denotes WAR forecast for first six years of player’s major-league career. KATOH+ uses similar methodology with consideration also for Baseball America’s rankings.

The Andrew Miller Trade

Clint Frazier, OF, New York (AL)

KATOH: 2.7 WAR
KATOH+: 4.7 WAR

Frazier had been promoted to Triple-A a week ago after slashing a strong .276/.356/.469 with 13 steals at Double-A this year. He pairs a high walk rate with decent power and speed, making him one of the most promising offensive prospects in baseball. Despite possessing average speed, Frazier plays mostly the corner-outfield spots these days, and hasn’t graded out particularly well there defensively. This suggests most of his big-league value will come from his hitting. Still, considering he’s a 21-year-old who’s already mastered Double-A, his future looks bright.

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The Marlins had to pay a decently high price for Andrew Cashner. Jon Morosi is unironically tweeting about the ongoing Jeremy Hellickson sweepstakes. It’s important to establish the market context in which the Orioles have now traded for Wade Miley. It’s been obvious for months the Orioles could use some help in the rotation. The farm system didn’t make it realistically possible for them to look at higher-level solutions. They’d have to settle for what they could afford. Wade Miley is what they could afford, with the Mariners getting Ariel Miranda in exchange. There’s no money changing hands. This is about as uncomplicated as a move can get, with Miley being tremendously dull and still presumably helpful.

That’s the thing about the Orioles. Even though they’re a first-place team, it’s a team that had issues. Recent results be damned, the Orioles, in theory, can hit. We all know they can relieve. The rotation has been bad behind Chris Tillman — so bad that Wade Miley is an improvement. There aren’t many contending teams that Miley would make meaningfully better, but that’s the Orioles’ burden and blessing.

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The package netted by Brian Cashman and the Yankees in exchange for Andrew Miller is headlined by two big names in OF Clint Frazier and LHP Justus Sheffield (both of whom project as average-or-better regulars for me) and supplemented by two potential relievers in RHPs Ben Heller and J.P. Feyereisen.

Clint Frazier was the fifth-overall pick in the 2013 draft out of Loganville High School in Georgia. He was signed away from his commitment to Georgia with a $3.5 million bonus, the most lucrative bonus in Indians draft history. Frazier was a high-effort spark plug with elite bat speed, though he didn’t look like your typical high-upside prep draftee.

Before the draft, most organizations were correctly skeptical about Frazier’s long-term ability to play center field despite some of the run times he was posting (he ran a 6.6-second 60-yard dash at East Coast Pro) because of the way they anticipated his body to fill out. Frazier was listed at 5-foot-11, 185 pounds as an amateur but has grown into a listed 6-foot-1, 190, though he’s probably heavier than that. Despite his likely corner-only destiny, Frazier’s bat speed and advanced feel for hitting made him a worthy top-five selection, even if he had atypical physical projection.

Because of the superhuman circumference of his biceps and his generally muscular physique, Frazier is most often body-comped to Popeye the Sailor Man, a reference I hope doesn’t elude the youngest of our readers. Though he posts some plus run times to first base because of a natural jailbreak, he’s only about an average runner whose middling speed is masked by visible effort and good base-running instincts. Frazier’s speed and feel for center are enough that I think he’d be passable there in an emergency, but I wouldn’t advocate him playing there everyday. I think that, given his size and build just shy of age 22, Frazier is likely to slow down as he enters his prime. His arm strength should allow him to play in either outfield corner (though I think he fits best in left), where I believe he’ll be an average defender at maturity.

Frazier’s 80-grade bat speed has helped him generate a .278/.360/.452 career batting line. He’s hit despite the excessive loop his hands take back to the ball, a mechanical hiccup that I think causes his barrel to arrive late and robs him of the ability to pull the ball consistently. This could dilute his game power a bit, but Frazier is strong enough to muscle some of those balls out to right field anyway, and the new Yankee Stadium will be particularly kind to this flaw. Though his swing features a good bit of effort and Frazier has struggled some with strikeouts throughout his minor-league career, he still projects as an average Major League hitter. Again, the bat speed is the primary reason for this, but Frazier has shown that he has some barrel control and the ability to make adjustments in the middle of at-bats, as well. Reports on his makeup are glowing.

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As the going rate for elite relievers continues to make grown men and women blush, it’s increasingly evident that there’s value in not needing to get into the market for the crème de la crème of relievers. Through the hefty prices paid in the acquisitions of Craig Kimbrel, Ken Giles, Aroldis Chapman and, now, Andrew Miller, contending teams are making it clear that they value having that lights out guy at the back of the bullpen perhaps even more than we may have once thought. Fortunately for the St. Louis Cardinals, when they lost their closer, Trevor Rosenthal, first to under-performance and then (perhaps not coincidentally) to a rotator cuff injury, they had an internal alternative which kept them from needing to wade into the deep end of the relief pitching market.

Seung Hwan Oh has been absolutely dominant for the Cardinals this season first as a set-up man and, for the last month, as a closer. The 34-year-old right-hander who had been tremendously successful in both South Korea and Japan has posted a 1.69 ERA and a 26.4 K-BB% since being signed by St. Louis this past winter. His 1.94 FIP ranks tenth among relievers in baseball this season. With the loss of Rosenthal, the Cardinals could have pursued the top names on the relief market this month, but Oh gave them the freedom not to. Instead, they made a relatively quiet transaction this morning picking up left-handed reliever Zach Duke from the Chicago White Sox in exchange for 23-year-old outfield prospect Charlie Tilson — a deal which was announced in true old-school fashion by the teams themselves.

In 2014, Zach Duke posted a surprisingly strong season out of the bullpen for the Brewers. He was 31 at the time and it was his first full season in a major league bullpen after scuffling along as an under-performing starter for most of his 20s. That one great season led to the White Sox giving him a 3-yr/$15M which was heavily mocked at the time due to his age and lack of a successful track record. It would appear, however, that the White Sox were either on to something or extraordinarily lucky as Duke has continued to be a solid reliever since signing the contract.

Since the start of the 2014 season, he has thrown 157 innings to very impressive results: 2.87 ERA, 27.9 K%, 58.2 GB%. He walks more batters than you might like — 10.0% walk-rate — but it’s hard to complain when the overall results are as strong as his. The key to his success has been a curveball which misses bats — the whiff-rate on his curve this season is 43.9% which ranks 12th of 41 MLB relievers (min. 100 curves) — and a sinker which induces grounders on 67% of balls in play. This has resulted in him posting an impressive combination of strikeouts and grounders over the past three seasons.

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The Padres have continued to load up their farm system with interesting pieces, this time netting power-hitting first-base prospect Josh Naylor and low-level fireballer Luis Castillo in exchange for Andrew Cashner and others.

Naylor, a native of Ontario, stood out during his showcase summer because of his big raw power but wasn’t seen as a potential first rounder until he began to rake against advanced international competition with the Canadian Junior National Team late the next spring. By draft day, there was buzz that Philadelphia was interested in him at 10, but he fell to 12 where the Marlins made him their second big-bodied first-round selection in as many years. I was not a fan of the pick at the time and remain skeptical of Naylor, but he does have some impressive tools that might allow him to clear the high offensive bar required of a first-base-only prospect.

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Perhaps it’s fitting that, in a trade season without any big name stars, the biggest story that may emerge before the deadline is a deal that didn’t happen. As August noted over on InstaGraphs, the Indians and Brewers appeared to have struck a deal for Jonathan Lucroy last night, but this morning, Lucroy’s representatives informed the Brewers that he wouldn’t be waiving his no-trade clause in order to facilitate a trade, effectively killing the deal.

Whenever a player refuses to go along with an agreed-to trade, there’s always a backlash. If you’re a Brewers fan, you’re probably frustrated that a guy who has no future with the franchise prevented the team from landing a package of quality prospects, especially after making public comments the last few months about wanting to play for a contender. If you’re an Indians fan, you’re probably frustrated that maybe the best player on the market just refused to join your team, and instead of having a loaded roster headed into October, the team still has a big hole behind the plate. And if you’re August Fagerstrom, you’re frustrated that you had to throw away a nearly-finished article on the Indians decision to push all-in, and lose a nifty cooking analogy in the process.

So there’s a lot of frustration out there, since Lucroy’s decision prevented a lot of people from getting what they wanted. But this is one of those times when it’s definitely worth remembering that ballplayers are people, and when it comes to making decisions about his life, Jonathan Lucroy doesn’t really owe us anything.

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The recipe goes like this. Take an American League-best 59-42 record and sauté it in a 67-year World Series drought. Chop up a recently revamped, sneakily excellent farm system and add it to the pan, along with some league-worst catcher production and a relatively thin bullpen. Let cook for one trade deadline, pour over the long-term perils of building a team around starting pitching, and season with a touch of championship envy from your neighbors across the street. It’s the perfect recipe for pushing all-in, pulled straight out of the Cleveland Indians cookbook.

Let’s get the details out of the way now. Late last night, Ken Rosenthal broke the Jonathan Lucroy news, which has now fallen apart and is a story all of its own. This morning, Rosenthal broke some more news, as he’s wont to do, regarding Andrew Miller. The Miller news is official — no take-backs! — and the details are as follows:

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Around 11 p.m. EST last night, it looked like the Cleveland Indians had acquired catcher Jonathan Lucroy from the Milwaukee Brewers. Then, this morning, news broke that they’d gotten lefty reliever Andrew Miller from the New York Yankees, too. And then… they didn’t have Lucroy anymore. Isn’t trade deadline season fun?

The Milwaukee Journal Sentinel’s Tom Haudricourt had it first:

Jonathan Lucroy has exercised his no-trade clause and vetoed trade from #Brewers to Indians. Details to come.

— Tom (@Haudricourt) July 31, 2016

Perhaps the most important thing to understand here is that Lucroy had every right to do what he did, just as the Indians had every right to hold firm in their stance. See, Lucroy has a club option for 2017 that would pay him just $5.25 million, which is an absolute bargain. Lucroy knows this, and his agent knows this, and having the leverage to renegotiate your contract is the exact reason why players push for no-trade clauses in the first place.

Lucroy reportedly wanted the Indians to tear up that club option, effectively making him a half-season rental, so that he could hit 2017’s barren free agent market in four months and cash in. The Indians, understandably, were not willing to part with the same quartet of prospects for three months of Lucroy as they were for one year and three months of Lucroy, so they refused to negate the club option. The club option was a big reason why Lucroy was so valuable in the first place. The clubs reportedly will not renegotiate a lesser package, and talks appear to be dead.

Digging in a bit deeper from Lucroy’s standpoint, though, the choice seems a bit puzzling. Because let’s run through his alternatives. It’s possible Milwaukee is now unable to find a suitor for him before Monday’s non-waiver trade deadline, and he remains a Brewer through the end of the year, at which point the club will immediately exercise his club option and he will not be a free agent. Or, it’s possible Milwaukee deals him to an inquiring club like the Rangers, Mets, or even Red Sox, none of which are on Lucroy’s no-trade list, meaning he’d be unable to restructure his contract, meaning they’d immediately exercise his club option and would still not be a free agent. Essentially, Lucroy’s not going to become a free agent in 2017 no matter where he winds up, and now he’s declined the opportunity to play for the American League favorites, which flies in the face of his prior vocal desire to play for a winner. The only possible scenario where Lucroy gets his wish of 2017 free agency would be a trade to Detroit, under the condition that Detroit would be willing to pull from it’s already barren farm system for a rental, which has seemed doubtful all along and even moreso now, given Lucroy’s demands.

There’s some rumors floating out there that the Indians couldn’t promise Lucroy playing time in 2017 with Yan Gomes and Roberto Perez still in the fold which played a role in Lucroy’s decision, but those seem somewhat dubious, given Lucroy’s status as an unquestioned top-three catcher in the game and the recent struggles of Indians catchers. Perhaps more likely is that Cleveland was unable to promise Lucroy that they wouldn’t simply flip him in the offseason, which seemed like a strong possibility from the get-go, and Lucroy wasn’t interested in being traded again so soon.

Anyway, Dave Cameron will have more on this soon, and I’m sure more details will come out in the ensuing days. For now, we’re left with a reminder that not only can you not predict baseball, but you can’t predict baseball’s trade deadline, either.

You’ll have to forgive me if I think of Andrew Miller as the travellin man. Now in his 11th major league season, Miller is headed to his sixth major league team, all east of the Mississippi. But unlike most journeymen, for the most part the teams acquiring Miller have been quite excited about the possibility. The latest team to celebrate getting the lanky lefty are the Cleveland Indians, who are now looking quite formidable. But they’re not the only team looking formidable. The Yankees may no longer be in 2016 contention, but they’re setting up well for 2017 and beyond.
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Note: this is all pending physicals, so

Follow-up note: physicals complete! Trade official. Update included at the very bottom.

Usually, we’re at least able to focus on the baseball side of things. Even though we all recognize that baseball is a business, we’ve gotten good at ignoring that part, focusing on the more baseball-y parts of player transactions. Business matters some in the Mark Melancon trade, but it seems mostly about the Nationals getting a good closer, and the Pirates getting some longer-term pieces. You know, baseball stuff. We’re all in it for the baseball stuff, after all, because the business part is seldom entertaining.

The Padres and Braves have made a business move. Oh, sure, there’s a baseball side, kind of. The Braves must see something in Matt Kemp, something they didn’t see in Hector Olivera. To help cover some of Kemp’s remaining cost, the Padres are reportedly including $10 – 12 million. It would be possible to look at this and think only about the roster implications. But this is mostly just a money move, and from where I sit, the Padres are coming out ahead.

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