The Most Team-Friendly Free-Agent Deals of the Winter
After examining the most player-friendly free-agent contracts of the 2017-18 offseason, here I turn to the winter’s most team-friendly deals. As I explained previously, given the perfect storm of factors that suppressed free-agent spending relative to past winters, it feels unseemly simply to celebrate “winners” and pick on “losers.” I’m not here to punch down at a player such as Mike Moustakas, whose one-year, $6.5 million deal was less than one-tenth the value of estimates projected by Dave Cameron, the FanGraphs crowd, the MLB Trade Rumors crew, FanRag Sports’ Jon Heyman, and MLB.com’s Jim Duquette back in November.
Instead, I think it’s more appropriate to view the free-agent contracts in terms of team- and player-friendliness. While acknowledging that shorter deals are inherently more team-friendly, I’ve stuck with apples-to-apples comparisons for this column and the previous one by considering the one-year, two-year, and three-year deals in their own separate categories — and grouping those of four years or more together due to the small sample size. Here, price and expected WAR aren’t the only considerations: player age, fit with a team’s roster, and competitive situation are among the additional factors to weigh.
As a refresher, here’s a graphic breaking down major-league free-agent deals by contract length over each of the past six winters, using data from the MLB Trade Rumors Free Agent Tracker. I’ve omitted minor-league deals as well as those signed by international players, including Shohei Ohtani.
Four Years or More
Lorenzo Cain, Brewers: five years, $80 million
Of the winter’s five deals that offer four years or more, only those signed by Cain and Alex Cobb (four years, $57 million from the Orioles) feature a total value under $100 million. Between those two players, Cain (who turns 32 on April 13) has the longer track record for productivity than Cobb, having averaged more than four wins per season over the past four years. He recorded 4.1 WAR in 2017, his last in Kansas City. Cobb was worth 2.4 WAR last year and hasn’t been above 3.0 in any of his four seasons with at least 100 innings pitched, plus he lost most of 2015-16 to Tommy John surgery and (checks roster) remains a pitcher.