The Red Sox have made their first free-agent signing of the offseason, bringing in Michael Wacha on a one-year, $7 million deal, as the Boston Globe’s Alex Speier reported. The 2022 season will see Wacha donning his fourth uniform in the last four years after he spent ’21 with the Rays, ’20 with the Mets, and everything up to that point with the Cardinals. That recent bouncing around comes as his performance has fallen on hard times, with three straight seasons with an ERA over 4.50. But while the 30-year-old righty may not be a splashy signing, teams have found ace-level performance in this price range in previous years, like the Giants signing Kevin Gausman to a $9 million deal in 2019, or the Blue Jays signing Robbie Ray for $8 million last offseason. And in Wacha’s case, there were some interesting things happening with him late in the year that make this deal worth diving into.

When Wacha is off, as has often been the case since 2019, he has a hard time keeping the ball in the yard. His HR/FB rate has nearly doubled from his prime years with the Cardinals and is the fourth worst in the majors since 2019. And that’s despite his velocity — 93.8 mph on his four-seamer on average last year — being nearly the same as it was when he was in St. Louis. Read the rest of this entry »

There are two narratives to consider with Steven Matz, who signed with the Cardinals last Wednesday. There’s the straight-up baseball story of a solid pitcher joining the rotation of a good team. Then there’s the seemingly never-ending soap opera that is the Mets, whom he spurned in the final moments of his free agency for St. Louis.

Let’s start with the baseball side of things. Matz immediately fills a rotation spot for a Cardinals team that will likely be in the thick of things in the NL Central in 2022. At four years and $11 million per, with the chance to earn an additional $4 million over the life of the contract via performance bonuses, he topped the length and total value, though not AAV, predicted by Ben Clemens in our top 50 free agents list, on which he ranked no. 31, and beat the crowd-sourced numbers in each category.

The lefty will slot somewhere in the middle of the St. Louis starter group, certainly following Adam Wainwright and Jack Flaherty, and if there’s anyone on the market who fits the definition of middle-rotation starter, it’s Matz. As 2020 gets further away in our collective rear-view mirrors, we’ve learned how much data from that season is an outlier, and an extreme one at times, as was the case with him; he was northing short of miserable in his nine appearances that season. And while he had his share of health issues in his earlier years, if you take his three most recent full seasons, he’s been the roughly the same player in terms of both consistent performance and availability.

He doesn’t have the kind of high-spin, bat-missing stuff that teams tend to look for in the modern game, but Matz keeps the ball on the ground at roughly a 50% rate and should benefit greatly from a Cardinals defense that represents a significant upgrade from what was behind him in Toronto. He leans primarily on his 93–96-mph sinker and throws a pair of breaking balls roughly a quarter of the time, preferring his curve over his slider, and for good reason, considering the quality of the pitch. Changeups are rare but shouldn’t be, as he’s added a few inches of drop on the pitch over the past few years, leading to an offering that performs quite well.

During those previously mentioned three full seasons, Matz averaged 30 starts and 155 innings per, so he’s been taking the bump every five days, but going deep into games is not something he brings to the table, as he got more than 18 outs just three times in 2021. He can throw a strike when he has to but needs to play around the edges in order to succeed with his arsenal, leading to deeper counts, more than 100 pitches per six innings, and the need for multiple relievers to finish the job.
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Marcus Semien finally landed his long-term contract over the weekend, coming to an agreement on a seven-year, $175 million deal with the Rangers. The tritagonist of the AL MVP race in both 2021 and ’19 hit .265/.334/.538 with 6.6 WAR for the Blue Jays in 2021, playing in all 162 games for just the second time in his career.

Marcus Semien's deal with the Texas Rangers is for seven years and $175 million, a source familiar with the agreement tells ESPN.

— Jeff Passan (@JeffPassan) November 28, 2021

The exact distribution of the money is not yet public, so we don’t know about opt-outs, options, buyouts, incentives, and the like. But whatever the fine print says, this is a big contract, and one that it looked like Semien would never be able to land. A late bloomer, he was not widely considered a top prospect around baseball, though he ranked 31st in the inaugural ZiPS Top 100 Prospects before the 2014 season after terrific all-around performances in ’13 for Triple-A Charlotte and Double-A Birmingham. But it was the outlier here, and the White Sox of the time were not a particularly imaginative organization. They didn’t see him, then error-prone, as a shortstop, and in any case, Alexei Ramirez had an ironclad hold on the position. This was the era in which the Sox seemed determined to play Gordon Beckham at second indefinitely, despite any performance-based reason for that strategy, and little attempt was made to find a role for Semien on the roster. He, along with Chris Bassitt and a couple others, was shipped off to Oakland after the 2014 season for Jeff Samardzija.

Oakland has never shied away from being the Island of Misfit Toys and found a better use for Semien, and like Marco Scutaro, a stathead darling from a decade prior, he turned out to be a low-cost, league-average infielder. With the help of Ron Washington, he improved immensely with the glove and nearly put up his first 4-WAR season in 2018. When his power broke out, as it did the following season, he was a legitimate contender for the AL MVP award.

The next time you hear bemoaning about how players always have career years right before they hit free agency, remember to keep the example of Semien in your mind. He finally made it the market after 2020, his age-29 season, but was coming off a relatively unimpressive follow-up to his MVP-caliber ’19, hitting .223/.305/.374. It was hardly a lousy year by any stretch — his 1.2 WAR represented a 3.1 WAR pace over a full campaign — but it was one to get the word “fluke” out there.

With the hope of a bounceback season in a year not drastically shortened by a raging pandemic, he signed a one-year deal with Toronto worth $18 million, positioning him to get one more chance to land a big deal. That bet paid off, and while the shape of his contribution changed between ’19 and ’21 — less batting average, an easier defensive position, more power — a second big season answered a lot of questions about just how good a player he was.
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It’s a good time to be a pitcher: The market for hurlers has been ablaze with rumors and signings, and we haven’t even reached Thanksgiving. The latest move comes from the White Sox, who have signed reliever Kendall Graveman to a three-year, $24 million deal, per MLB Network’s Jon Heyman. He is already the fifth pitcher to sign a multi-year deal so far this offseason, and the sixth pitcher to come off our Top 50 free agent list, where he was ranked at No. 45.

Graveman spent his mid-20s as a starter for the A’s, posting elite ground-ball rates and minimal strikeouts — a recipe that never quite worked out, as by the time he had Tommy John surgery in 2018, he had a career ERA of 4.38, a FIP of 4.54, and a strikeout rate of only 15%. He returned to the big leagues in 2020 with the Mariners, which is where we first got a glimpse of his new form, with a 3.60 ERA and 3.09 FIP in a month of bullpen work to close out the season.

His successful transition to the ‘pen after struggling as a starter is hardly a new story, yet Graveman and his aversion to whiffs isn’t exactly the prototype you look for when trying to create a great reliever. One of the keys for him, as is often the case, came from tapping into unseen velocity when pitching shorter relief outings; what once was a 93-mph sinker now sat 96 and touched 99.

The velocity carried over into 2021, and with it, newfound run suppression, as he became a dominant closer for the surprising Mariners. By the time the trade deadline rolled around, Graveman had a 0.82 ERA, and while his peripherals (a 2.90 FIP and 3.13 xFIP) may have suggested he was closer to a good reliever than an elite one, it was still clear that the move to the bullpen had turned his career around. The Astros acquired him at the deadline to bolster their bullpen for the playoffs, and while still good, he regressed closer to what his peripherals had said all along, putting up a 3.13 ERA the rest of the way. Read the rest of this entry »

Even coming off of a 107-win season and the NL West title, the Giants found themselves in a rather difficult position entering this offseason. A starting rotation worth a combined 16.5 WAR last season — good for fifth highest in the majors — found itself at risk of losing four mainstays who combined for 610.2 of the 831.1 innings that it logged last season: Kevin Gausman (192 IP), Anthony DeSclafani (167.2), Alex Wood (138.2), and Johnny Cueto (114.2). On Monday, the team brought two of those hurlers back into the fold, striking a three-year, $36 million agreement with DeScalafani and a two-year contract worth more than $10 million annually with Wood. Within one hour, the Giants brought back 40% of their 2021 starting rotation and solidified a potential weak point.

As with most of their teammates, DeSclafani and Wood had near-career years in black and orange last season, and they cashed in with nice new contracts before the calendar hit December. The former came in at No. 36 on our top 50 free agents list, with Ben Clemens projecting a two-year, $20 million contract and the median FanGraphs reader estimating two years and $19.5 million. Clearly, the Giants had to go an extra year to get that done. Wood, meanwhile, was unranked on our list, though Ben noted that he had considered slotting him at No. 50, and that the crowdsourced projection had him earning a three-year, $33 million deal. Read the rest of this entry »

Despite having the generational talents of Mike Trout and Shohei Ohtani anchoring their roster, the Angels entered this offseason with plenty of question marks. They’ve squandered the majority of Trout’s early career, making with just one postseason appearance since his debut in 2012 despite spending levels that were in the upper echelons of the majors for most of that time. They started this offseason with a bang, signing Noah Syndergaard to a one-year deal last week. That move comes with its fair share of risk, but the top of their rotation now projects to be much more solid. Yesterday, the Angels started addressing some of the question marks around the fringes of their roster. First, they acquired utility man Tyler Wade from the Yankees for a player to be named later or cash considerations. Then, they signed left-handed reliever Aaron Loup to a two-year, $17 million pact, including a team option for 2024 that includes a $2 million buyout.

Loup’s addition addresses a much bigger need than Wade’s. Raisel Iglesias rejected the Angels’ qualifying offer last week, becoming a free agent and leaving a significant hole in their bullpen. While Loup isn’t quite the reliever Iglesias is, he’s been remarkably effective over the past two seasons. Among all qualified relievers during that period, Loup’s park- and league-adjusted ERA ranks second in baseball, 63% better than league average. He led all qualified relievers in 2021 with a 0.95 ERA. Read the rest of this entry »

The last time we saw Justin Verlander pitch, he looked like his usual, dominant self. In six innings against Seattle, he allowed only three hits and two runs while striking out seven. As had been the case in his Cy Young season, he was a little dinger-prone, surrendering two blasts to an otherwise overmatched Mariners lineup. But in an Opening Day start played in unusual circumstances, his stuff looked as sharp as ever.

Unfortunately, that last outing was in July of 2020. Within the week, Verlander landed on the injured list with a forearm strain. Two months later, the future Hall of Famer announced that he was undergoing Tommy John surgery. The procedure sidelined him for all of 2021, his last season prior to reaching free agency.

The timing gave the Astros a difficult decision. With no recent performance to evaluate, Houston nonetheless extended their ace a qualifying offer, which forced Verlander to pick between testing a very uncertain free agent market and taking a $10 million pay cut. He ultimately turned down the QO, but not the Astros themselves. In news amusingly broken by his brother Ben, Verlander re-signed with Houston yesterday on a one-year, $25 million deal that includes a $25 million player option for a second year. Read the rest of this entry »

The Angels made their first splash of the offseason on Tuesday by signing Noah Syndergaard to a one-year, $21 million deal, per ESPN’s Jeff Passan. He was no. 15 on our top 50 free agent rankings despite missing all of 2020 because of Tommy John surgery on his right elbow, and though he was expected back early in 2021, a large setback in his recovery cost him just almost the entirety of that season as well. Two innings out of the bullpen in late September is all we’ve seen out of him in the last two years.

A one-year deal this winter makes a lot of sense for Syndergaard, who can rebuild his value in hopes of getting a long-term contract next offseason. It’s less of a no-brainer for the Angels, as there is no opportunity to cash in on future years in case of a bounce-back, and it’s hard to imagine Syndergaard will be in top form in 2022, given the thick layer of rust that surely needs to be knocked off of him. Most teams probably viewed signing him as a two-year project. Look no further than his 2018 season, though, to see the outcome the Angels envision. Coming off a torn lat muscle that cost him most of his 2017 campaign, he proceeded to put up a 3.03 ERA/2.80 FIP over 154.1 innings despite diminished velocity.

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On Monday, the Braves announced the signing of a backup backstop, adding catcher Manny Piña on two-year, $8 million contact. Also included in the agreement is a club option for 2024 valued at $4 million that comes without a buyout. Piña will slide in behind Travis d’Arnaud — who is also signed through 2023 — on Atlanta’s depth chart.

On the surface, the move is a relatively minor one. Piña, the Brewers’ longest-tenured player at the time of his departure, appeared in 75 games last season, making just 52 starts behind the dish as the backup to Omar Narváez. In that time, he was relatively productive, slashing .189/.293/.439 in 208 plate appearances, good for a 95 wRC+. He was also quite solid behind the plate, throwing out 30% of attempted base stealers, notably above the league-average of 25%. This is not a new trait, either: Piña has boasted an above-average ability to control the running game throughout his career, with a 35% caught-stealing rate. He’s also a solid framer, with his numbers really taking a step forward in recent seasons. Since 2019, Piña has been worth +11.6 framing runs above-average, ranking ninth in baseball despite not even catching 1,000 innings in that time. (Tyler Flowers is the only other catcher in the top 10 with fewer than 1,000 innings caught.) Read the rest of this entry »

The Tigers have been going through a prolonged down period. The last season they finished above .500 was 2016, and the intervening years have been brutal — 2021 was the first year where they won even 40% of their games since that ’16 season. This year’s team was full of interesting players, and Riley Greene and Spencer Torkelson should be ready soon, but the Tigers still needed a talent infusion if they wanted to compete next year.

Enter Eduardo Rodriguez, a perfect fit for the Tigers. Rodriguez signed a five-year, $77 million deal to join Detroit. He’s the first big signing of the offseason, and the symbolism of the Tigers opening the free agency market as they open their window of contention is fun to think about, even if it’s mainly just a fun fact. The Tigers are coming! Let’s talk about three things in order: what Rodriguez brings to the table, why Detroit wanted a starter, and the particulars of his contract.

First things first: Rodriguez isn’t your average 4.74 ERA starter. He was quite poor in the run prevention department this year, but under the hood, his statistics looked far more enticing. He set a career high in strikeout rate and a career low in walk rate, welcome improvements for a pitcher who was already above average. He made 31 starts, showing no rust after missing all of the 2020 season due to a heart condition. He missed as many bats as ever, surrendered fewer barrels than the average pitcher, and generally looked like a star. Read the rest of this entry »