This offseason has seen an avalanche of activity early on, with 22 of our top 25 free agents signing before Christmas. But last night, we somehow doubled up. After an undisclosed medical issue held up the official announcement of Carlos Correa’s contract with the Giants, the entire deal fell through, and the Mets stepped into the fray, signing Correa to a 12-year, $315 million deal this morning, as Jon Heyman first reported.
I’ll let that breathe for a second so that you can think about it. The Giants went from laying out $350 million and adding a cornerstone player to their roster for more than a decade to nothing at all. The Mets went from a big free agency haul to an unprecedented one. Correa is going from shortstop to third base, and maybe losing one gaudy vacation home in the process when all is said and done.
The Mets had already spent heavily this offseason to shore up their pitching. With Jacob deGrom, Chris Bassitt, and Taijuan Walker all leaving in free agency, the team had a lot of high-quality innings to replace, and they did so in volume, adding Justin Verlander, Kodai Senga, and José Quintana. Those were in effect like-for-like moves, as was signing Edwin Díaz, Adam Ottavino and Brandon Nimmo after they reached free agency. The 2023 Mets stood to look a lot like the 2022 Mets in broad shape – most of their additions were either swaps (deGrom for Verlander) or small (Omar Narváez will be a platoon catcher, David Robertson will shore up the bullpen). Read the rest of this entry »
The Giants made a giant splash on Tuesday night, signing the top free agent remaining, Carlos Correa, to a 13-year contract worth $350 million. One of the biggest free agents last year as well, he took a three-year deal with the Twins worth $105.3 million, but with an opt-out clause that allowed him to hit the open market if a second crack at it seemed like a good idea. After a .291/.366/.467, 140 wRC+, 4.4 WAR season in Minnesota, and an offseason with more owners more willing to make it rain than any year in recent memory, Correa took his shot. It was a well-aimed one.
BREAKING: Shortstop Carlos Correa and the San Francisco Giants are in agreement on a 13-year, $350 million contract, a source familiar with the deal tells ESPN.
After Trea Turner got an 11-year, $300 million deal with the Phillies, and Xander Bogaerts landed $280 million from the Padres, it shouldn’t come as a surprise to see Correa comfortably clear the $300 million mark. While he didn’t have the best season of these three shortstops, he’s two years younger than Bogaerts and has a longer track record of success than the remaining elite shortstop, Dansby Swanson (and is a tiny bit younger). As I feel with the Turner or Bogaerts signing, this isn’t really a 13-year deal in a meaningful sense, and while the Giants will undoubtedly be overjoyed if Correa is still a star in 2035, that’s a long time from now. Spreading it out over 13 seasons allows his pre-benefit luxury tax number to be just under $27 million a year, something which seems like an unbelievable bargain right now. It’s technically a 25% pay cut from 2022!
ZiPS Projection – Carlos Correa
Year
BA
OBP
SLG
AB
R
H
2B
3B
HR
RBI
BB
SO
SB
OPS+
DR
WAR
2023
.277
.356
.462
520
77
144
28
1
22
74
63
114
0
124
7
5.4
2024
.273
.354
.454
531
77
145
28
1
22
75
65
115
0
122
7
5.3
2025
.271
.353
.453
528
77
143
28
1
22
73
66
114
0
121
7
5.2
2026
.265
.347
.442
520
74
138
27
1
21
70
64
111
0
117
6
4.7
2027
.259
.342
.426
502
69
130
25
1
19
65
62
108
0
111
5
4.1
2028
.256
.338
.416
481
64
123
24
1
17
60
59
104
0
107
4
3.6
2029
.251
.333
.402
455
58
114
22
1
15
56
55
99
0
102
3
3.0
2030
.252
.333
.404
421
54
106
20
1
14
51
50
92
0
103
2
2.7
2031
.249
.331
.394
421
52
105
20
1
13
49
50
93
0
100
1
2.5
2032
.247
.328
.385
384
46
95
18
1
11
44
45
86
0
97
0
2.0
2033
.241
.320
.372
352
41
85
16
0
10
39
40
80
0
91
-1
1.4
2034
.238
.315
.359
315
35
75
14
0
8
33
35
72
0
86
-2
1.0
2035
.239
.316
.360
272
30
65
12
0
7
28
30
63
0
87
-2
0.8
2023 ZiPS Projection Percentiles Carlos Correa (592 PA)
Percentile
2B
HR
BA
OBP
SLG
OPS+
WAR
95%
40
34
.324
.409
.569
160
8.0
90%
38
30
.313
.392
.541
152
7.4
80%
34
27
.303
.381
.516
142
6.7
70%
32
25
.292
.372
.496
137
6.3
60%
30
24
.285
.363
.476
130
5.8
50%
28
22
.277
.356
.462
124
5.4
40%
27
20
.269
.348
.447
118
5.0
30%
25
19
.259
.341
.434
111
4.4
20%
24
17
.251
.329
.416
106
4.1
10%
21
15
.237
.317
.396
96
3.3
5%
20
13
.221
.304
.374
90
2.7
Over 13 years, ZiPS actually guessed slightly less on this one, a departure from the big contracts signed this fall. ZiPS has seen enough in recent years to move to a piecewise function, valuing the first win at $5.26 million and subsequent wins at $9.33 million and a 3% yearly boost in both of those numbers. The percentage boost may seem miserly, but MLB’s salary growth has been short of inflation for a while and certainly way behind revenue growth, and helped by COVID, the average salary increased by only $70,000 between 2017 and 2021. MLB’s competitive tax threshold will remain a significant pain point, as will each number that puts a team into the next “tax bracket.” That first threshold barely budges over the life of the new CBA, only increasing 1.5% a year, from $230 million to $244 million.
In all, ZiPS projected a $382 million deal for Correa with the Giants, with $350 million getting you almost through the end of the 10th season of the contract (2032). The Twins apparently offered him a 10-year, $285 million agreement prior to his signing with the Giants; if Correa had an impeccable sense of timing, they displayed a rather poor one. Essentially, Minnesota was fighting the last war rather than the current one, offering a 2022 contract in 2023. Entering the 2022 season, the ZiPS projection for Correa with the Twins for 2023–32 amounted to $278.7 million.
How big a deal is Correa entering free agency at 28 rather than 30? A pretty big one. Below are the ZiPS projections for if I change his 2023 age.
ZiPS Projection – Correa 13-Year Deals by Age
Age
Expected Deal ($M)
25
470.6
26
441.5
27
419.9
28
381.6
29
328.9
30
282.9
31
244.0
32
216.8
Yes, Correa hit the market a year older, but he also entered it with an additional essentially healthy season added to his résumé. During his age 22–24 seasons, a series of injuries resulted in him only being able to play in 294 out of a possible 486 games. For a player that young, it was an extremely concerning development. But he played in almost every game in the pandemic-shortened 2020 season and 148 games in 2021. He missed a handful more games in 2022, but these maladies were more of the freak variety: an injured finger from a ball hitting his hand twice in a May game against the Orioles, and a stay on the COVID-19 list.
The cumulative missed time had an obvious effect on his long-term projections, and after ranking second in projected rest-of-career WAR in ZiPS before 2017, he slipped out of the top 20 before the 2020 season. Correa now has a mean projection of 42.4 career WAR remaining. With it looking increasingly likely that Fernando Tatis Jr.’s days a shortstop are mostly over, that’s enough to give him a projection of the best eventual career WAR of any active shortstop, slightly edging out the Mets’ Francisco Lindor.
The Giants have been active in free agency this winter, signing Mitch Haniger, Sean Manaea, Joc Pederson, and Ross Stripling already. However, while all of these players can contribute a lot in an NL West race, none can reasonably claim the mantle of a star, let alone that of a franchise-leading talent. San Francisco previously tried to burn down the NL West with an Aaron Judge signing, but the Yankees swept in to keep their franchise slugger. Truth be told, I think Correa’s a better fit for the Giants. They arguably need a shortstop more than a star corner outfielder, and Oracle Park is noted for its cruelty to power hitters of all stripes. While Correa hits for power, too, he’s more of the gap-to-gap type than pure loft. I’m slightly bearish on the projected home run totals for Correa, but I think he’ll hit more doubles and triples into Triples Alley in deep right-center than ZiPS envisions.
There’s unlikely to be any position controversy, even with Brandon Crawford signed for another season. While I wouldn’t anoint Crawford the best shortstop in Giants history — that plaudit better fits Travis Jackson or George Davis — he’s almost certainly the most valuable one for the franchise since Horace Stoneham hired the moving trucks in 1958. But Crawdaddy turns 36 next month and came back down to Earth after a fantastic 2021 season. Even more importantly, he’s in a contract year, and when Correa finishes his time in San Francisco, Crawford will probably have been retired for a decade. He’s still a fine defensive shortstop and ought to be a compelling replacement at third base over Evan Longoria and Wilmer Flores.
Losing Correa no doubt has to be disappointing for the Twins, but if they were willing to spend $285 million on him, there are other players out there. $285 million might land you Swanson andCarlos Rodón, and if not, at least the vast majority of their salaries. The AL Central is up for grabs, and that kind of investment may make a bigger difference there than any other division in baseball. It would be a shame if the Twins simply put that cash back in their pockets.
After seeing 36 wins evaporate from 2021 to 2022 and with the Dodgers and Padres looking like first-tier contenders, the Giants had a choice either to go big or to accept their lot as NL West underdogs. They went big, giving out the largest payday, by far, in team history. While the Giants have given out big extensions before, they only signed a single free agent to a $100 million dollar contract between Barry Zito and now (Johnny Cueto). The NL West just got a lot more exciting.
What’s your dream car? Probably something fast and attention-grabbing, like a Ferrari. Or maybe you want some unusual but beautiful Italian or Japanese classic, so people know you know your stuff. Or maybe a Rolls-Royce, so you can drive around in isolated opulence like the god of luxury millionaires pray to.
Of course, you don’t actually want any of those cars in real life. You couldn’t afford to maintain them. You’d be too nervous to drive them in traffic or park them at the supermarket, lest the paint get damaged. To borrow a line from The Love Bug — which in addition to being one of the great sports films, is a classic San Francisco film — what you want is “cheap, honest transportation.”
The Giants know this. They’ve chased the odd Ferrari, and after losing out on Aaron Judge they’ve finally caught one in Carlos Correa. But their pursuit of pitchers has been more practical. They’ve watched Carlos Rodón walk away (at least for the time being). Instead, they’ve assembled a garage of useful starting pitchers, first by signing Sean Manaea on Sunday, then two days later inking right-hander Ross Stripling to the same contract: two years, $25 million, with an opt-out after this season. Read the rest of this entry »
It’s been a relatively quiet offseason for the San Francisco Giants, who signed outfielder Mitch Haniger but have come up empty on bigger names including Trea Turner, Kodai Senga, and, most notably, Aaron Judge. On Sunday, though, they got back in action, inking a deal with left-handed pitcher Sean Manaea for two years and $25 million, with an opt-out after 2023.
At age 30, Manaea tested the open market as a free agent for the first time in his career. In 885 career innings, he has almost defined what it means to be a league-average pitcher, with a 4.07 ERA (99 ERA-) and 4.06 FIP (98 FIP-). While he’s made 30 starts in a season just once and missed almost the entire 2019 season with injury, he’s been consistently available throughout his career and has averaged over 5.5 innings per start, well above average in today’s game. While Manaea had a very good 2021 season, during which he set a career high in strikeouts while walking a minuscule 5.4% of batters and posting an 88 FIP-, his performance largely regressed after being traded to the Padres just before Opening Day this year. His strikeout rate fell, his walk rate went from elite to average, and his home run rate spiked, leading to a career-worst 4.96 ERA even in a lowered offensive environment.
So what caused this significant regression in performance? First, let’s examine Manaea’s pitch mix. The bread and butter of his arsenal is a low-90s sinker that he throws over 60% of the time, but its true shape lies somewhere between that of a sinker and a four-seam fastball. In 2022, the pitch had 2.4 fewer inches of drop than other sinkers thrown in the same velocity band, with about an inch less horizontal run. Read the rest of this entry »
Gaylord Perry presented some kind of mathematical paradox to the mind of this young fan. If baseball had outlawed the spitball some 60 years earlier, how could this admittedly gray-haired guy in his early 40s have been grandfathered in? Yet there was Perry, throwing — or at least appearing to throw — wet or otherwise loaded baseballs with impunity, preceding each pitch with a detailed routine in which he’d rub his brow, both sides of the underbill of his cap, then the brim, then the side, then the brim again before delivering. Sometimes it was a decoy for the fact that he was hiding the foreign substance on his wrist, his neck, or somewhere on his uniform.
The math didn’t work, but the wet ones, or at least the belief that he was throwing them, did. In my early years of watching baseball, the rubber-armed, rule-bending rogue brought vivid color (not just the Padres’ infamous brown-and-yellow) to the more black-and-white corners of the game’s history, planting the evocative names of bygone spitballers such as Burleigh Grimes and Urban Shocker in my mind while earning his own spot in the annals. In 1978, the year I began closely following the game, Perry became the first pitcher to win a Cy Young Award in both leagues and just the third pitcher to reach 3,000 strikeouts, after Walter Johnson and Bob Gibson. On May 6, 1982, while a member of the Seattle Mariners, he became the 15th pitcher to reach 300 wins, the first in 19 years and the first of six from his cohort to reach that milestone; that season also brought the only time he was ejected for throwing an illegal pitch. On August 13, 1983, about six weeks from the end of his 22-year major league career, he became the third pitcher of that group, after Tom Seaver and Steve Carlton, to surpass Johnson’s previously unassailable record of 3,508 strikeouts. Read the rest of this entry »
SAN DIEGO — The early hours of Wednesday morning at the Winter Meetings brought a giant-sized deal for baseball’s latest home run giant… but not from the Giants. After a day in which it appeared as though Aaron Judge had decided he was not in fact prepared to be “a Yankee for life,” as he had previously professed, and would instead leave the Bronx to sign with the the team for which he grew up rooting in Linden, California, about two hours from the Bay Area, the 2022 AL MVP has returned to the Bronx via a record-setting nine-year, $360 million deal.
The move happened only after Judge arrived in San Diego on Tuesday night and heard overtures from a third team, the Padres, who had reportedly offered Trea Turner a $342 million deal before the shortstop signed with the Phillies on Monday. Via USA Today‘s Bob Nightengale, San Diego offered Judge $40 million per year over 10 years; whether either deal included deferred money isn’t known. According to the New York Post’s Jon Heyman, the Yankees had offered Judge eight years and $320 million — about $90 million more than the offer that he spurned just before Opening Day. “Once Judge told Hal Steinbrenner he wanted to be a Yankee (but had more $ on table elsewhere — SF and SD) Hal sealed the deal by bumping it another $40M and one year,” Heyman wrote. Read the rest of this entry »
On Tuesday evening, a thrill swept through the winter meetings. The rumors were true – the San Francisco Giants were in agreement with an American League right fielder on a multi-year deal. Yes, San Francisco, it’s time to welcome a new slugging right-handed hitter to town: Mitch Haniger signed a three-year, $43.5 million deal to become a Giant, with an opt out after year two.
Oh, you were expecting Aaron Judge? That didn’t quite pan out, though the Giants are reportedly still in pursuit of another hitter in free agency. But Haniger is a first course, and he fits the Giants quite well whether they look for another outfielder or pivot to the infield for help.
At season’s end, the San Francisco outfield was predominantly a lefty affair. Joc Pederson appeared in the outfield in 120 games. Mike Yastrzemski played the outfield in 147 of his own. LaMonte Wade Jr. missed a lot of time with injury, but rotated between seemingly every position in the field when he was healthy, including both left and right. The Giants theoretically love to mix and match based on the opposition, but they did a lot of running out a squad of lefties last year. Read the rest of this entry »
The following article is part of Jay Jaffe’s ongoing look at the candidates on the BBWAA 2023 Hall of Fame ballot. Originally written for the 2014 election at SI.com, it has been updated to reflect recent voting results as well as additional research. For a detailed introduction to this year’s ballot, and other candidates in the series, use the tool above; an introduction to JAWS can be found here. For a tentative schedule, and a chance to fill out a Hall of Fame ballot for our crowdsourcing project, see here. All WAR figures refer to the Baseball-Reference version unless otherwise indicated.
Jeff Kent took a long time to find a home. Drafted by the Blue Jays in 1989, he passed through the hands of three teams that didn’t quite realize the value of what they had. Not until a trade to the Giants in November 1996 — prior to his age-29 season — did he really settle in. Once he did, he established himself as a standout complement to Barry Bonds, helping the Giants become perennial contenders and spending more than a decade as a middle-of-the-lineup force.
Despite his late-arriving stardom and a prickly personality that sometimes rubbed teammates and media the wrong way, Kent earned All-Star honors five times, won an MVP award, and helped four different franchises reach the playoffs a total of seven times. His resumé gives him a claim as the best-hitting second baseman of the post-1960 expansion era — not an iron-clad one, but not one that’s easily dismissed. For starters, he holds the all-time record for most home runs by a second baseman with 351. That’s 74 more than Ryne Sandberg, 85 more than Joe Morgan, and 86 more than Rogers Hornsby — all Hall of Famers, and in Hornsby’s case, one from before the expansion era (note that I’m not counting homers hit while playing other positions). Among players with at least 7,000 plate appearances in their career who spent at least half their time at second base, only Hornsby (.577) has a higher slugging percentage than Kent’s .500. From that latter set, only Hornsby (1.010) and another pre-expansion Hall of Famer, Charlie Gehringer (.884), have a higher OPS than Kent (.855). Read the rest of this entry »
The 40-man roster deadline led to the usual squall of transaction activity, with teams turning over portions of their rosters in an effort to make room for the incoming crop of young rookies. Often, teams with an overflow of viable big leaguers will try to get back what they can for some of those players via trade, but because we’re talking about guys straddling the line between major league viability and Triple-A, those trades tend not to be big enough to warrant an entire post.
Here I endeavor to cover and analyze the moves made by each team, division by division. Readers can view this as the start of list season, as the players covered in this miniseries tend to be prospects who will get big league time in the next year. We’ll spend more time discussing players who we think need scouting updates or who we haven’t written about in the past. If you want additional detail on some of the more famous names you find below, pop over to The Board for a more thorough report.
The Future Value grades littered throughout these posts may be different than those on the 2022 in-season prospect lists on The Board to reflect our updated opinions and may be subject to change during the offseason. New to our thinking on this subject and wondering what the FVs mean? Here’s a quick rundown. Note that because we’re talking about close-to-the-majors prospects across this entire exercise, the time and risk component is less present here and these FVs are what we think the players are right now. Read the rest of this entry »
One of the most common arguments against the designated hitter coming to the National League was that it would cause a decline in pinch-hitting, therefore removing an element of strategy from the game. It was inevitable, after all, that pinch-hitting opportunities would dry up without pitchers to sub out. Lo and behold, offensive substitutions in the NL decreased by more than 60% from 2021 to ’22, with teams sending just 1,647 pinch-hitters to the plate this past season, compared to 4,438 the year before.
Thankfully, for those of us who missed the glorious art of pinch-hitting, there was still a way to get our fix: the San Francisco Giants. They used 258 pinch-hitters in 2022 — 95 more than the team with the next-highest total, the Athletics. It’s also a whopping 222 more than the team with the fewest pinch-hit plate appearances, the Rockies. It’s so many pinch-hitters, in fact, that the Giants wouldn’t have looked out of place in the pitcher-hitting era. They used more bats off the bench in 2022 than one NL team, the Cardinals, used in 2021. In the first full year of the universal DH, the Giants were still pinch-hitting at a pre-DH rate. Read the rest of this entry »