The Sugar Glum Fairy had one last holiday treat for us before the lockout rudely intervened, with the Cubs signing starting pitcher Marcus Stroman to a three-year contract. After opting out of the 2020 season while recovering from a calf injury, he resumed his career without missing a beat, starting 33 games for the Mets with a 3.02 ERA and 3.49 FIP, good for 3.4 WAR.

Over three years, the total guarantee for the deal is $71 million, with $25 million coming in both 2022 and ’23 and a $21 million base salary for ’24. For each 160-inning season in ’22 and ’23, $2 million is added to the ’24 salary, making it a tidy $75 million. Stroman also has the ability to opt out of the final year of his contract, becoming a free agent after 2023. Let’s jump straight into the projection.

Nothing looks particularly odd about the projection or the contract. At the salary assumption I’m going with this winter ($7.3 million for a win with 3% yearly growth), ZiPS would suggest a $70 million deal over three years; over five, it suggests $109 million, putting Stroman’s valuation very close to both that of Robbie Ray and Kevin Gausman. Stroman, though, was not subject to a qualifying offer due to accepting New York’s qualifying offer for the 2021 season (Gausman was in an identical position, but Ray cost the Mariners a draft pick). I’m mildly surprised that he didn’t land a longer deal, but whether the fact that he didn’t was due to inability to get one or simply a desire to get another crack at free agency in the not-too-distant future in a normal winter is unknown to me. If I ran a team or the MLBPA foolishly accepted a bizarre proposal from owners that resulted in my computer setting all salaries, I’d be happy to give him five years at $109 million. (Note to any negotiators: the Szymborski cartel’s service fee is 0.05% of base salary)
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You already basically know how these free agent pieces go. Team signs player! The player makes sense for the team, because, well, that’s why they signed him. If you look on the bright side, it could be a great fit. If you inject a little realism, there’s certainly a chance it doesn’t end up in smiles all around. Throw in some analysis and projections, and bam, you’ve got an article going.

As is probably clear from that introduction, I’m not doing that today. Baseball is a real bummer right now. I might spend the next week trying to understand the phrase “defensive lockout,” which makes about as much sense as the Rockies’ personnel decisions. There won’t be much news at all, and what news there is will feature headlines like “League accuses MLBPA of witchcraft.”

Forget all that. Before the curtains closed, the Red Sox signed Rich Hill to a one-year deal for $5 million plus incentives. Good God, does Rich Hill love the Red Sox. This is already his seventh time signing with them (2010, 2010 again, 2011, 2014, 2014 again, 2015, and now 2021). He’s from Milton, 10 miles (or 45 minutes in miserable traffic on the 93) from Fenway Park. He attended the 2004 championship parade with his dad, for crying out loud. Read the rest of this entry »

The Los Angeles Dodgers’ brand is synonymous with superstars. It’s Clayton Kershaw, Mookie Betts, and deadline trades for Max Scherzer. Have a problem that needs a hammer? The Dodgers will bring two hammers, and they’ll have Walker Buehler on standby just in case. Those are the perks of having both one of the shrewdest front offices in baseball and one of the highest payrolls in the sport every year.

It’s funny, then, that Chris Taylor is one of the team’s greatest success stories. Taylor came to the Dodgers as an afterthought, in exchange for Zach Lee, a minor league pitcher who made all of 14 starts in the Seattle system before the team waived him. Six years later, Taylor is again headed to Los Angeles — but this time he’s doing it as a very rich man rather than a career minor leaguer. He and the Dodgers agreed to a four-year contract worth $60 million, as Ken Rosenthal reported. The deal also contains a team option for a fifth year.

All of that stuff I said at the top about the Dodgers and stars? It’s true, but the Los Angeles roster relies on positional versatility to make everything work. Taylor is the poster boy for this style: he played at least 50 innings at second, third, short, left, center, and right last year. Corey Seager injury? Taylor can fill in. Strange lineup with Max Muncy at second and Cody Bellinger at first? Taylor can flip to center — or to third base if Justin Turner needs a breather. Seager is gone, but with Trea Turner as a one-for-one replacement, Taylor will likely continue to get near-everyday playing time without a true home in the field. Read the rest of this entry »

Raisel Iglesias, who ranked 24th on our annual list of the top 50 free agents, inspired one of the biggest gaps between the contract projection of Ben Clemens, who pegged him for three years and $15 million, and that of our readers, who had the same length, but a median AAV of just $10 million. Ben was right and then some: the best reliever on the market is returning to the Los Angeles Angels on a four-year, $58 million deal reached in the final days of the league’s pre-lockout free agent frenzy.

Iglesias rejected a qualifying offer from these same Angels two weeks ago, and in the end received a deal consistent with that of other elite late-inning relievers. He’s coming off his best season as a professional, combining a career-high strikeout rate with a career-low walk rate to give him a phenomenal 103-to-12 K/BB ratio over 70 innings during which he posted a 2.57 ERA and 2.83 FIP.

Iglesias’ entry into professional baseball was a difficult one. A native of Cuba, he spent his ages-20-22 seasons pitching in the Industrial League in his native country; he was able to leave Cuba in late 2013. Establishing residency can often be a struggle for Cuban players, and that was the case for Iglesias, who was ultimately forced to settle in Haiti. Read the rest of this entry »

Lots of money flowed ahead of this week’s unofficial lockout deadline, but not all of the moves involved swimming pools of cash. Among the many made were some low-key bullpen additions, usually by contenders, all of which arguably upgraded their respective bullpens. Let’s talk about some of the more interesting ones!

Michael Lorenzen to the Angels

Lorenzen signed a one-year, $6.75 million contract to head to Anaheim, a surprisingly juicy figure for a pitcher with an ERA well in excess of five for the Reds in 2021. As you may have guessed, his peripheral numbers were better. A FIP just over four isn’t going to evoke prime Craig Kimbrel, but it’s a good bit better than the rest of the disasters in Cincy’s bullpen. The drop in strikeout rate was scary, but ZiPS doesn’t think it’s real when looking at the Statcast data, estimating that you ought to have expected him to finish up with 12 more strikeouts than he actually racked up — an impressive number in only 29 innings. Among relievers, that was the second-largest negative deficit, behind only Keynan Middleton of the Mariners. Scouting can also pick up this sort of thing, which is likely one reason the Angels were so willing to drop this amount of money.

The other is that Lorenzen wants to explore being a two-way player more than he got to in recent years. The Angels are apparently happy to grant this wish, given they’re the home of arguably the best (simultaneous) two-way player ever in Shohei Ohtani.

RHP Michael Lorenzen not only wants a shot at being a starting pitcher in 2022, but also wants the opportunity to get regular at-bats as an outfielder. Wants to get on the Ohtani routine. The Rangers, Pirates, Cubs and Giants are all believed to have inquired.

— Joe Doyle (@JoeDoyleMiLB) November 28, 2021

Lorenzen’s .233/.282/.429 line doesn’t scream “spare outfielder,” but one has to remember that his at-bats have been widely scattered, hampering his offensive development. In addition, a healthy chunk of them came as a pinch-hitter, a role in which players hit considerably worse compared to games they start.
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Within the span of a few hours on Tuesday, the last two free-agent catchers projected to produce over 1 WAR next season came off the market. The Cubs landed Yan Gomes, as reported by Craig Mish of SportsGrid, for two years and $13 million with a $6 million option for a third year and some games played incentives worth up to $1 million per year. The Pirates, on the other hand, quickly filled a hole of their own making after trading Jacob Stallings to the Marlins on Monday afternoon by landing Roberto Pérez, the former Guardians catcher, as reported by ESPN’s Jeff Passan. The deal was later specified to be worth $5 million over one year by the Pittsburgh Post-Gazette’s Jason Mackey.

As discussed by Devan Fink a couple of weeks ago, the catcher market this offseason is particularly dire, and the signing of Pérez and Gomes means that there are essentially no more starting caliber options left at the position. Let’s take a closer look at each player and how they fit with their new team before seeing what further implication these moves might have around the league. Read the rest of this entry »

The Giants won 107 games last season, and their rotation deserves a ton of credit; only the Brewers and Dodgers, two teams expected to thrive off starting pitching, managed to record lower FIPs. But San Francisco took everyone by surprise, winnings games with the likes of Alex Wood, Anthony DeSclafani, and postseason hero Logan Webb. Looking to retain some of last season’s magic, the Giants recently inked new deals with Wood and DeSclafani. Yet Kevin Gausman, their ace, eluded them, ultimately signing a five-year contract with the Blue Jays and leaving an unmistakable hole in their rotation. But while a pitcher like Gausman is irreplaceable, the Giants could find the next big sleeper — another under-the-radar signing just like he was.

And so they’ve arrived at Alex Cobb, signing him to a two-year deal worth $20 million, which includes a club option for 2024. If the Giants are satisfied with his performance, that option will grant him $10 million, and if not, they have the option to buy him out for $2 million.

In hindsight, it makes perfect sense that they decided to pursue Cobb. He’s the exact type of pitcher I think that they have a liking toward, and I wanted to explain why.

Cobb pitched for the Angels in 2021, but the spotlight there was on two-way phenomenon Shohei Ohtani. Still, what he achieved in 93.1 innings is nothing to sneeze at, with career bests in FIP, fastball velocity, and strikeout rate, which might have been masked by a not-as-flattering 3.76 ERA. That surge in strikeout rate is particularly notable; before the 2021 season, Cobb last had one above 20% in 2014 — a whopping seven years ago. You just don’t fluke into something like that.

But even that career-high strikeout rate was still just 24.9%, as Cobb isn’t exactly a bat-missing machine. Actually, none of the Giants’ headlining starters are, either; the only guy in the ’21 rotation with a K/9 above 10 was Gausman. But there’s another appealing aspect of Cobb’s game — a skill the Giants highly covet.
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Under General Manager Kim Ng, the Miami Marlins have said a lot of positive things about investing in their roster in order to be a factor in what is becoming a highly competitive National League East. Over the past few days, they’ve begun to put their money where their collective mouth is.

On Tuesday, the club formally announced a five-year, $56 million extension for right-handed starter Sandy Alcantara; the deal, which was initially reported last week, includes a $21 million option for a sixth year, buying out his three arbitration years and as many as three years of free agency. It’s easy to forget that when the Marlins acquired Alcantara from the Cardinals as part of a four-player package received in return for outfielder Marcell Ozuna, he was not seen as the best prospect in the trade (for that matter, neither was right-hander Zac Gallen, who was also acquired in the deal). Instead, the real prize was speedy outfielder Magneuris Sierra. Sierra hasn’t worked out, but the deal has still been very fruitful for Miami.

At the time of the trade, Alcantara was seen by many as a likely future reliever due to his plus-plus arm strength, sloppy command and a shallow arsenal. To the credit of the Marlins pitching group, and more importantly, Alcantara himself, he has turned into a strike thrower, maintained his velocity, and developed a much more effective complement of off-speed pitches. That combination has turned him into one of the better (and more durable) young starters in the game, one who also has several underlying indicators that portend future improvements. Read the rest of this entry »

There’s something satisfying about the perfect trip to the grocery store. If you’re anything like me, you know what I’m talking about: you have a list of a ton of things you can’t wait to eat, you cross each of them off as you throw them in your cart, and by the time you reach the cash register, you can almost taste the delicious meals you’ll be eating the rest of the week.

Why bring this up now? Because that’s how I imagine Al Avila feels after signing Javier Báez, with the Tigers inking the ex-Cubs shortstop to a six-year, $140 million deal last night, as Jon Morosi first reported. Front-line starter. Shortstop. Catcher. The Tigers came into this offseason looking to place star veterans around their burgeoning youth movement, and with Báez in tow, they’ve now landed a top hitter to go with a top pitcher, just like they planned.

Báez played second base after his trade to New York last season, but he’s a natural fit at shortstop. He’s a plus defender with a knack for making spectacular plays, but even without those flourishes, he’d be an asset in the field, with a huge arm and solid range and instincts. Of the marquee shortstops in this class, Báez and Carlos Correa are first and second, and no one else is in the same stratosphere.
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Usually, it’s the other way around. The Rockies take a chance on a pitcher, who’s then whisked away to a cold, harsh biome that warps the movement on his pitches. There’s speculation about whether he can adapt and maintain a standard of excellence set at a more friendly elevation. The season unfolds, producing success stories like Austin Gomber, or more unfortunate ones like Wade Davis.

But it’s rarer for a pitcher to survive Coors Field, reach free agency, and head to a new team. Jon Gray, a Coors veteran, is this offseason’s exception. He wasn’t spectacular during his time in Colorado, but he put up a solid 4.54 ERA and 3.92 FIP across six full seasons (including 2020) that consisted of 788.2 innings. All in all, adjusting for his home environment, Gray has been a slightly above-average (108 ERA+) pitcher. That’s harder than one might think, a fact the Rangers perhaps appreciated. Part of a huge splash that also includes Marcus Semien and Corey Seager, the Rangers signed Gray to a four-year contract worth $56 million, as reported by ESPN’s Jeff Passan.

Looking at our Depth Charts, the Rangers were in desperate need of a durable starting pitcher. Before landing Gray, Dane Dunning was pegged as the team’s de facto ace; the remainder of the rotation consisted of rookie pitchers, none of whom are particularly notable. Of those expected to join the Rangers’ rotation in 2022, Gray is projected to have the highest number of innings as well as the highest strikeout rate. By signing him, the Rangers gain a starter who can at the very least provide innings and also comes with intriguing upside. Read the rest of this entry »