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2016 Trade Deadline Chatapalooza

12:00
Dave Cameron: Welcome to deadline day.

12:01
Dave Cameron: With four hours to go, there are still a ton of players who should be moved by days end, so I’m guessing we’re going to see a flood of deals once the dam breaks.

12:01
Dave Cameron: This feels like one of those days where everyone has their plan Bs and Cs lined up, so once they all decide to move on from Plan A, we’re going to get a bunch of moves all at once.

12:02
Dave Cameron: We’ll be hanging out here all afternoon, rotating through FG authors depending on who is writing up what. Eric Longenhagen will be swinging by at 2 to answer prospect related questions as well.

12:03
JoshP: How badly do the mets end up overpaying for Bruce?

12:04
Dave Cameron: I don’t really see the fit there. Bruce is an average-at-best player, and he forces Granderson or Conforto to CF. I doubt they’ll pay a high price for him.

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Projecting the Prospects Traded Over the Weekend

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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Scouting the Yankees’ Return for Andrew Miller

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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There Are No Villains in the Jonathan Lucroy Story

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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Indians Attempt to Go All In, Still Wind Up with Andrew Miller

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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The Yankees Have Been Impressively Rebuilt

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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Sunday Notes: Cards Bowman, Kinsler, Span, SABR Miami, Moore, more

Matt Bowman isn’t your stereotypical baseball player. The St. Louis Cardinals rookie right-hander majored in economics at Princeton, and his senior thesis looked at how much a win is worth in free agency. He doesn’t fit the physical profile, either. A slender 6-foot-even, he looks more like… well, an Ivy League economist.

Last year he pitched like one. In 140 innings for Triple-A Las Vegas, Bowman went 7-16 with a 5.53 ERA and a 4.95 K/9. To little surprise, he was left unprotected by the Mets, who had selected him in the 13th round of the 2012 draft. The last thing he expected was for a team to gamble on him in the Rule 5.

“I was surprised that I got picked up,” admitted Bowman. “I didn’t feel that I deserved a 40-man spot with the Mets and I certainly didn’t think that any team would be looking at me as someone who could contribute, or even hide, on a major league roster. When my agent said the Cardinals picked me up, not a whole lot of it made sense. These guys are perennial contenders and I was coming off a terrible year in Triple-A.”

The 25-year-old’s level of honesty and humility are also atypical. When I asked if he’s surprised at how well he’s pitching, I received an answer I wasn’t expecting. Read the rest of this entry »


Padres, Braves Exchange Toxic Assets

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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Nationals Acquire Elite Reliever for Relative Bargain

The Washington Nationals started with their sights on Aroldis Chapman. They’d deemed their bullpen to be in need of an upgrade, and Chapman was the most obvious candidate. Obviously, that didn’t happen. And not only did it not happen, but the return for Chapman was so high that clubs still interested in Andrew Miller could be seen as effectively priced out. From Washington, the Yankees reportedly asked for top prospect Lucas Giolito in exchange for Miller, and no matter what the tweets say, that was never going to happen.

So the Nationals had to lower their sights a bit. But they didn’t have to lower them far, because after Chapman and Miller, they might have gone out and gotten the next-best thing:

It’s a trade that makes sense for both teams, as they all should. The Pirates may not be strong current contenders, but they remain future contenders, if that makes sense. We’ve got their playoff odds at 16%, which is still very much in the race, but makes them a longshot. What the Pirates have beyond this year, though, is a strong core coupled with a handful of promising, near-ready prospects that ought to keep the club’s contention window open for years to come. They’re not going away anytime soon, but they’ve been largely done in this season by uncharacteristically poor starting pitching.

So they moved an expiring piece. Mark Melancon’s been a fixture of Pittsburgh’s recent revival, but he’s gotten expensive, and he’ll be a free agent at year’s end. Teams like the Pirates typically don’t retain relievers like Melancon when they hit the market, so they got what they could. That means Felipe Rivero, a lefty reliever who touches the high-90’s in the majors right now, and that means Taylor Hearn, a lefty (future) reliever who stands 6-foot-5 and touches the high-90’s in the minors right now. They’ve got Rivero for five more years. They’ve got complete control of Hearns. The Pirates sold, but not really. They made this year’s team slightly worse in going from Melancon from Rivero, but they’ve made future year’s teams better by adding Rivero (and Hearns) for a player who was set to be gone anyway. It’s the perfect kind of retooling move for a small-market team operating within a window of contention.

And yet, it’s hard not to view this return as relatively light, at least up against what the Yankees just received for Chapman. The Yankees got a top-25 prospect in Gleyber Torres, a fringe-100 prospect in Billy McKinney, a pitcher capable of starting with major league success under his belt in Adam Warren, and then some. Speculation around a Melancon-to-Washington trade invoked names like right-handed starter Erick Fedde, who ranked 61st in Baseball America’s midseason update. The actual return featured a pair of lefty relievers. Exciting lefty relievers, but lefty relievers nonetheless; one of whom has already had his clock started, the other of whom didn’t crack top-10 prospect lists in the Nationals’ system at the start of the season.

Of course, Chapman throws 105 and because of that, is Aroldis Chapman. Melancon isn’t that. But he’s closer than one might think! Like, for instance, since joining the Pirates in 2013, Melancon’s 1.80 ERA is the lowest among all 255 pitchers with at least 200 innings thrown. He’s been better at preventing runs than literally everyone over the last three-plus years. And while he might not do it with the sort of eye-popping stuff to which we’re accustomed from seeing of the game’s top relievers, there’s no arguing with the results:

Most Valuable Relievers, 2013-Present
Name IP K% BB% K-BB% GB% HR/9 ERA FIP WAR RA9-WAR tWAR
Aroldis Chapman 218 44.2% 10.9% 33.3% 37.8% 0.54 2.03 1.81 8.5 8.2 8.4
Dellin Betances 229 40.7% 9.0% 31.7% 48.2% 0.55 1.88 1.89 8.0 8.5 8.3
Kenley Jansen 240 37.8% 5.6% 32.2% 35.2% 0.71 2.13 1.95 8.4 8.1 8.3
Mark Melancon 260 23.8% 4.2% 19.7% 56.8% 0.31 1.80 2.27 6.9 8.7 7.8
Wade Davis 183 32.2% 8.8% 23.4% 45.3% 0.15 1.08 1.97 6.0 9.3 7.7
tWAR: 50/50 split of RA9-WAR and FIP-WAR

Again, the style is a bit different, but when we’ve talked about the Chapman’s and Jansen’s and Davis’ of the world, Melancon’s been right there all along. Here’s another way to view things, if you’re not as keen on using WAR to evaluate relievers:

Win Probability Added, all relievers, 2013-Present

  1. Mark Melancon, +11.74
  2. Tony Watson, +10.63
  3. Zach Britton, +10.55
  4. Wade Davis, +10.42
  5. Dellin Betances, +10.07

By WPA, no reliever’s been more valuable than Melancon during his time in Pittsburgh. By WAR, it’s only Chapman, Betances, and Jansen. You see the second name there on the WPA leaderboard also plays for the Pirates, so it’s not like they’re suddenly hurting for high-leverage relief options, and Watson will still be there next year, too. But the Nationals just added one of the game’s elite to an already great bullpen.

Not that there aren’t flags with Melancon. I’m hesitant to call them red flags, but they’re orange or maroon, maybe. His walk rate is still great, but it’s also the highest it’s been during his Pittsburgh tenure. The curveball’s being spotted less often at the bottom edge of the zone, and is more often winding up in the dirt, and batters are laying off:

Brooksbaseball-Chart

Fewer swings against the curve explains the slight uptick in walks, and it explains the downtick in ground balls — the curve has always been Melancon’s big ground ball pitch. Melancon doesn’t possess top-shelf raw stuff, so he’s thrived by limiting walks and homers. Limiting walks and homers are predicated on elite command, and there’s some evidence that the command could be starting to slip. For now, though, the command still looks great. And those maroon flags can be the next team’s concern, anyway; the Nationals only care about the next three months.

Funny thing about the Nationals bullpen is, before the Melancon trade, they were projected for 1.8 rest-of-season WAR, and after  they’re Melancon trade, they’re projected for… 1.8 rest-of-season WAR. But what they’ve done is shift their leverage, the sort of thing that a WAR projection might struggle to grasp. Melancon is now clearly the best option in Washington’s bullpen, and he’ll receive the most important innings. Less important innings are to follow for Jonathon Papelbon, as should be the case. Shawn Kelley remains elite. It’s the kind of 1-2-3 punch we’ve become accustomed to seeing in the late innings of playoff games.

And while I’ve referred to the cost as a bargain within this post, it’s really only a bargain relative to Chapman. Really, it’s the kind of return we should expect for three-plus months of an elite reliever. The kind of return we might’ve expected, say, a week ago. The Chapman move was just an outlier, for whatever reason. Take that how you will. The Pirates retooled, as they should have. The Nationals improved their high-leverage innings for the stretch run by acquiring one of the game’s best run preventers. It looks like a win for both clubs, and yet somehow it also feels like something of a steal by Washington, based on what we’ve recently seen. Maybe the Pirates could have done better for Melancon. Or maybe the Cubs just gave up a ton for Chapman.


Finding a Fair Price for Chris Sale

This deadline has, thus far, been pretty boring. When Andrew Cashner and Eduardo Nunez are headlining notable trades, you know it’s a slow market. There is one guy who could change all that though, and could have a significant impact on how the postseason shakes out. That guy, of course, is Chris Sale.

The White Sox ace is a legitimate difference maker; even with just a couple months left in the season, he still projects to add another +2 WAR to whatever team he’s on, not counting what he’ll do in the postseason. He’s a high-end player in the prime of his career, and since he’s signed for three more years after this one, he’s also one of the most valuable assets in the sport.

When we did the Trade Value series a few weeks ago, I ranked Sale as the 15th most valuable trade chip in the game. Here is the table that we used to summarize his value.

Team Control WAR Total +17.1
Guaranteed Dollars $12.0 M
Team Control Through 2019
Previous Rank #6
Year Age Projected WAR Contract Status
2017 28 +6.1 $12.0 M
2018 29 +5.7 $12.5 M
2019 30 +5.3 $13.5 M
Team Option

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