Evaluating the Giants’ Diversification Strategy
Two weeks ago, the San Francisco Giants were in the midst of a push to try and steal Zack Greinke away from the Los Angeles Dodgers. With a strong offensive core in place, upgrading the pitching staff was the obvious move for the team this winter, and pairing Greinke with Madison Bumgarner at the top of the rotation would have given the team one of the best pitching duos in baseball. However, their dreams of landing Greinke were dashed when the Arizona Diamondbacks came in and blew away the competition, offering a six year and guaranteeing $206 million in salary; neither the Dodgers nor the Giants were reportedly anywhere close to that number.
Over the last couple of weeks, their backup plan has come into focus; sign two good pitchers instead of one great one. First, it was Jeff Samardzija, and then yesterday, it was Johnny Cueto, with the team agreeing to guarantee $220 million to the pair over the next six years; significantly more than they were willing to spend on Greinke by himself, in fact. And this brings up an interesting question: since the Giants apparently had $220 million to spend on starting pitching this winter, would they have been better off just outbidding the Diamondbacks to land the ace they wanted, or is spreading the wealth around a better plan?