I suppose what I should say is that the Gerrit Cole trade has two perception problems. One, it’s clearly just a bad look for Pittsburgh. It’s generally a bad look when a major-league team has to trade away an established major-league talent, and with Cole and then Andrew McCutchen going out the door, it’s a twin reminder of how the Pirates failed to build on a tremendous run of success. I don’t know how much more the Pirates reasonably could’ve done, but there’s forever that lingering question regarding ownership’s commitment to winning. This is nothing new. It’s a reopening of wounds that never healed.

There’s also, though, another aspect. The Pirates have been heavily criticized for the return package they got for Cole from the Astros. I have no interest in trying to figure out whether the Pirates got the best package possible. I don’t know what else was truly on the table. Maybe more would’ve been available in July; maybe Cole’s stock would’ve dropped. All we know is what the Pirates got. My read of the consensus is that the Pirates didn’t get enough. But my read is also that the Astros have a little something to do with that. Specifically because the Astros are unusually good and deep.

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A little over a year ago, Brian Duensing signed a one-year contract with the Cubs worth $2 million. That’s hardly the kind of commitment that would break the Cubs’ bank, but it was still somewhat surprising that Duensing got such a guarantee, given that he was aging, and hadn’t been very good. He had thrown just 13.1 big-league innings in 2016, and that season he injured his elbow while moving a chair. It wouldn’t have been hard to see Duensing end up as a spring-training NRI. The Cubs, though, took a chance.

It worked out! Duensing had a good year. Appeared in 68 games. Did well. And now Duensing has re-signed, for two years and…$7 million. Compared to the previous contract, it’s more than double the commitment, I know, but it’s still modest, given what Duensing just did, and given what other free-agent relievers have signed for. This has been a slow-moving market, and there’s a strengthening conversation about how players aren’t getting their collective due. You might be tempted to point to Duensing’s deal as evidence.

Yet it doesn’t quite work. Duensing’s deal, it turns out, is rather evidence of something else.

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If you don’t follow college football, you may not be familiar with Baker Mayfield. He is the quarterback for the University of Oklahoma, the reigning Heisman Trophy winner, and a player who is expected to be selected in the first round of April’s NFL draft. What is his relevance to the pages of FanGraphs? Well, what is interesting to me about Mayfield is that he might not hire an agent to represent him.

Writes Mike Florio of NBCSports:

The argument against hiring an agent is simple: Thanks to the rookie wage scale, contracts for incoming players basically negotiate themselves. (Also, agent fees are no longer tax-deductible.)

Earlier today, Nathaniel Grow addressed the difficult situation in which the players union has found itself vis-à-vis owners. “The MLBPA Has No Leverage,” is how Grow titled that post. With baseball having introduced limits on amateur spending and having added recommended bonus for draft bonuses, it’s possible that more high-profile baseball prospects will question whether or not an agent is necessary when entering professional baseball. Several recent first-rounders like Hunter Harvey and Kyle Parker opted to negotiate for themselves and to varying degrees of success.

While negotiating pro contracts for amateur baseball prospects is more complicated than in, say, football as teams try to gauge signability and maximize their bonus pools and agents filter information for prospects, etc., what happens when negotiating major-league contracts becomes less and less about art and more and more about science? How will player representatives add value then?

Is it possible, to borrow Grow’s language, that agents have no leverage, either?

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Major League Baseball’s salary-arbitration process is a pretty ridiculous exercise. A player and team each submit a figure for how much that player should be paid the following season. At some point not long after that, each party argues in defense of their figure, employing an array of statistics that front offices don’t even use for the purposes of evaluation.

If a team’s representatives successfully make their case, then a panel of arbitrators chooses the number they’ve submitted. If the team fails to sufficiently badmouth their own player, then the panel of arbitrators chooses the player’s chosen figure. Even in the best-case scenario — i.e. when the player and team agree to terms before arbitration — they still arrive at that agreement based upon what would would transpire at a hypothetical arbitration hearing. There has to be a better way.

Travis Sawchik recently proposed the introduction of restricted free agency to baseball, an approach that would likely eliminate arbitration, allowing teams to match offers made by other franchises. Like Travis, I would like to see arbitration abolished. Also like Travis, I am concerned about the middle class of players who seem to be shorted in the current system.

I agree that something needs to be done and that restricted free agency represents a better approach than the one currently in place. That said, I do think there might be a better solution, one that doesn’t entirely dismantle the framework of the present system and yet allows players to receive compensation proportional to their talents.

I think the adoption of a new arbitration-type system might benefit from greater use of a mechanism that was first introduced during the 2012-13 offseason — namely, the qualifying offer.

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In reality, there is no separating the Pirates from their circumstances. The Pirates are a smaller-market team, and a smaller-budget team, but followers won’t ever let you forget it doesn’t necessarily have to be that way. It’s fair to question ownership’s commitment to winning, as the Pirates never spent big to supplement what became an impressive and successful core. Predictably, the Pirates wound up squeezed, hence the trades of both Gerrit Cole and Andrew McCutchen. They were getting expensive, with decreasing team control. Time to reload. That’s the cycle.

But it’s not like Neal Huntington has a choice. He has to operate within the given constraints, so it started to make sense to deal Cole away. And then it made sense to deal McCutchen away. Ideally, the Pirates wouldn’t be here in the first place, but, well, they’re here, and so trades have been made. And trades have been criticized, the Cole move in particular. There’s the prevailing thought the Pirates didn’t get enough back. Certainly, they didn’t receive the classic headliner. Fans would like to see a better haul for their ace.

Me, I’ve come fully around. I like Joe Musgrove. He’s interesting. I like Michael Feliz. He’s also interesting. Jason Martin is further interesting, as a fourth piece. But I’d like to shed particular light on Colin Moran. Moran has, in the past, been an extremely polarizing prospect, and at this point he might be considered post-hype. Yet Moran made significant changes in 2017, the kinds of changes you’ve heard about elsewhere. Colin Moran is a swing-changer.

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At the completion of trading on January 5, the S&P 500 reached a milestone, having endured the longest interval in its history without experiencing a 5% decline, according to Spencer Jakab of The Wall Street Journal.

In another WSJ story, reporters Chris Dieterich, Ben Eisen, and Akane Otani note that declines have “grown shallower” over the last two years and “are snapping back sooner.” These trends, according to the authors, are a result of “economic optimism” and a growing awareness of the returns enjoyed by those who remained invested in “riskier assets” during the rebound from the Great Recession. Investors are jumping on the smallest signs of value, buying the smallest declines.

From that piece:

“The investor base has been conditioned to buy the dip,” said Mohamed El-Erian, chief economic adviser at Allianz SE. “And the reason why they have been conditioned is because it has been an extremely profitable trade.”

Buying the dip has been profitable — and particularly so in this bull market.

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Earlier in the offseason, the Giants came ever so close to trading for Giancarlo Stanton. Stanton has been one of the most important players in the Marlins’ admittedly limited history, but all that got in the way was a well-earned no-trade clause. Which is what ultimately took Stanton to the Yankees, instead of the Giants or the Cardinals.

Shortly after that all went down, the Giants traded for Evan Longoria. Longoria has been the most important player in the Rays’ admittedly limited history, but, well, the Rays are the Rays, and Longoria is both increasingly old and increasingly expensive. The commitment meant that Longoria had to go, and the Giants were there to welcome him with open arms.

And now the Giants have traded for Andrew McCutchen. McCutchen has been one of the most important players in the Pirates’ far less limited history, one of the keys to the franchise’s recent return to relevance, but where Longoria’s deal was too big for a smaller-market operation, McCutchen’s was too small. With just one year left, McCutchen all but forced the Pirates’ hand, and the Giants, again, were there. The agreement, as it is:

Giants get

• Andrew McCutchen
• $2.5 million

Pirates get

• Kyle Crick
• Bryan Reynolds
• $0.5 million in international-pool money

For the third time, the Giants targeted the face of another ballclub. For the third time, they reached an agreement. For the second time, a move has been actually made. Because of who McCutchen is and has been, this is an impact transaction, one that’s sure to have widespread consequences. The reality of trading or trading for McCutchen is complex. It’s also quite simple. The Pirates aren’t good enough to keep a 31-year-old staring ahead to free agency. And the Giants are trying to return to the playoffs before the inevitable reckoning. McCutchen gives them something they just didn’t have.

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Dylan Carlson was the Cardinals’ first-round pick in 2016, so it’s easy to look at his numbers and say he’s been disappointing. After getting his feet wet with a .717 OPS in his draft year, he slashed a ho-hum .240/.342/.347 in his first full season. There have been flashes of power, yet the switch-hitting outfielder has gone deep just 10 times in 652 professional plate appearances.

Not to worry. While his performance has been anything but splashy, it’s important to consider that Carlson has been playing against older competition since signing. He spent the entire 2017 season in the Midwest League as an 18-year-old.

If he’s sometimes felt like he was in over his head, he was reluctant to admit it. When I asked him late in the season if being one of the youngest players on the field is ever intimidating, Carlson dove directly into the positive.

“It’s actually great to have teammates who are older and have been to college,” said the former Elk Grove (CA) High School standout. I can always lean on them for advice — I like being around older guys for that reason — and it’s also been fun coming out and competing against older guys. I’m learning a lot.”

Carlson claimed he’s essentially the same hitter he was when he entered the St. Louis system. While developmental strides have been made, there have been no mechanical overhauls or watershed moments. Aside from “standing a little taller in the box,” he’s just focused on “refining the basics.” Read the rest of this entry »

There are times when a single statistic grabs your attention. Such a time occurred for this author late last month, courtesy an excellent piece by Sahadev Sharma at The Athletic.

Sharma examined the number of innings recorded for every major-league team by pitchers they’d acquired via the draft since the arrival of the current curse-breaking Cubs regime ahead of the 2012 season.

During that timeframe, which includes six drafts, the Cubs have produced a total of 30 homegrown innings. Thirty! The Blue Jays lead the majors with 1,299 such innings. The Cardinals are second in the majors and lead the NL with 872, according to Sharma’s research.

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