Yesterday was the deadline for arbitration-eligible players and their teams to exchange dueling salary figures in advance of arbitration hearings in February. The San Francisco Giants set a record in their $17 million offer to Tim Lincecum, the highest such amount ever offered a player with fewer than six years of service time. Lincecum countered with his own record-setting figure of $21.5 million.

Those numbers are close enough to lay the groundwork for a deal between Lincecum and the Giants, somewhere in the $19-$20 million range. That’s right where our own Matt Swartz pegged Lincecum’s 2012 salary ($19.2 million) in his arbitration predictions published at MLB Trade Rumors.

If the two sides don’t reach agreement before an arbitration hearing, who has the better case?

Baseball arbitrators are to make their decision based on the player’s performance, his prior salary, and the salaries of other players in his service-time class. The arbitration rules, however, do contain a “special accomplishments” provision which allows players to compare themselves to other players who’ve achieved similar accomplishments in the same time frame.

To the numbers.

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The Nationals have not been shy about their dealings with Gio Gonzalez. First, they dealt three of their top 10 prospects — including two of their top three — for the 26-year-old hurler. Then, over the weekend, the Nationals completed the bond, signing the lefty to a contract extension worth $42 million over the next five years. The contract also includes two club options for a combined $23 million.

The deal covers the Nationals’ last four years of control of Gonzalez (including his Super Two season this year) and buys out one year of free agency. Judging by similar deals we’ve seen in recent years, the Nationals don’t just see Gonzalez as a decent number-two starter. They think he’s an ace.

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The Reds have made it very clear that they’re going all-in this offseason, presumably in an effort to maximize their chances of winning a title before Joey Votto qualifies for free agency after the 2013 season. GM Walt Jocketty opened up the prospect vault to acquire Mat Latos and Sean Marshall, then landed what could potentially be the bargain of the offseason by signing Ryan Madson to a sweetheart one-year contract. Those moves all improve the team, but at the same time the club sacrificed outfield depth.

Drew Stubbs and Jay Bruce are locked into the center and right field jobs, and Chris Heisey made a pretty good case for the left field gig by slugging 18 homers with a .233 ISO in 308 plate appearances last year. In 534 plate appearances over the last two seasons, he’s hit 26 balls out of the park. Beyond those three, the only other outfielder on the team’s 40-man roster is Denis Phipps, a 25-year-old that posted a .346/.397/.527 batting line between Double and Triple-A in 2011 after hitting just .250/.307/.377 in his previous 2,319 minor league plate appearances. The trades of Dave Sappelt (for Marshall) and nominal outfielder Yonder Alonso (for Latos) along with the free agent departure of Fred Lewis have left the club thin at the position(s).

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It seemed like only a matter of time until Seth Smith was shipped out of Colorado. The Rockies have depth in the outfield and the demand for a player of Smith’s caliber was there. A suitor finally stepped forward Monday, as the Oakland Athletics acquired Smith in exchange for starting pitchers Guillermo Moscoso and Josh Outman.

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As Jim Breen discussed earlier, the news that the Texas Rangers have had talks with Prince Fielder raises all sorts of interesting possibilities. For 2012, a Rangers team with Fielder at first base would pose a formidable offensive threat, given that first was one of their few holes when they were batting in 2011. A Rangers batting order featuring Fielder batting behind Josh Hamilton would be frightening for opposing pitchers, indeed. This much is obvious, but such speculation raises further questions.

Hamilton himself is currently set to become a free agent after the 2012 season, after all, and has recently given a Pujols-esque condition that he will not enter negotiations for an extension once Spring Training begins. Hamilton has had a very good run with the Rangers, of course, winning the MVP with a monster season in 2010 and leading the Rangers to their first of two straight World Series appearances. It is hard to say what sort of payroll the Rangers are budgeting for given all the new cable money coming in. The team seems determined to sign Yu Darvish, too. Perhaps they could afford long-term extensions for both Fielder and Hamilton on top of Darvish. But to engage in a bit of (non-unique) speculation, if they can only afford to either sign Fielder to extend Hamilton, which should they choose?

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The Rockies offseason of marginalizing their homegrown players continued unabated this afternoon, when they dealt Seth Smith to the A’s for pitchers Guillermo Moscoso and Josh Outman, neither of whom are likely to be a good fit for the club long-term. What it does give the Rockies is more fresh fish to add to their starting rotation competition.

Last season, 131 pitchers threw at least 120 innings in the Majors. One-hundred and thirty of them had a GB/FB of at least 0.67. Moscoso was the 131st, checking in with a league-lowing total of 0.48. His Minor League numbers show that this wasn’t a fluke either:
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After a successful comeback season with the New York Yankees in 2011, Bartolo Colon is headed west. Reports surfaced last week that the Arizona Diamondbacks and Oakland Athletics were interested in the 38-year-old right-hander. On Sunday, the A’s were announced as the mystery team that secured his services for the 2012 season.

Colon experienced a career-renaissance with the Yankees after signing a minor-league contract in the winter. Despite scoffs from most of the baseball world when the signing was announced, he was largely (no pun intended) effective in New York, posting a 3.83 FIP, 3.57 xFIP, and 3.60 SIERA. He shouldered his highest workload since 2005 by tossing 164.1 innings in 29 appearances. Paid just under a million dollar in Salary, he fell just shy of the 3 WAR mark, making him one of the more valuable signings of the year.

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The two teams most often connected to free agent slugger Prince Fielder are the Washington Nationals and the Texas Rangers. The Nationals are largely considered the leader in the clubhouse for the Fielder sweepstakes, though the Rangers reportedly met with Fielder and Scott Boras over the weekend for preliminary talks.

Signing Fielder to a long-term deal puts any organization into a precarious financial position. He is a legitimate +5 or +6 win player at this moment, but his defensive liabilities and his physical build have caused organizations to question whether that level of production will last over a five-plus year contract. Those concerns remain the primary reasons as to why the 27-year-old first baseman is still available.

Pushing aside those financial worries, though, and simply viewing baseball as athletic entertainment, Texas would perhaps be the most enthralling landing spot for Fielder this winter. The addition of his bat to the Rangers’ lineup would transform the second-best offense from 2011 (ranked by team wOBA) into a bona fide juggernaut next season.

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When the Seattle Mariners dealt left-hander Cliff Lee to the Texas Rangers for a package centered around first baseman Justin Smoak, my initial reaction was surprise – the New York Yankees were in the hunt and had apparently offered their top prospect, only to be rebuffed at the 11th hour. In March, a spring training piece I wrote on Montero included even stronger sentiment:

Jesus Montero has a chance to have a very special career for the New York Yankees, or any franchise he may be dealt to. Personally, I thought the Seattle Mariners were nuts for wanting Justin Smoak over Jesus Montero at the trade deadline last season.

Having never had the opportunity to scout Smoak in person, my frame of reference for discussing Smoak became Montero as he still ranks as the best pure hitting prospect I’ve had the opportunity to scout.

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Oh, what a night! Michael Corleone, er, Brian Cashman, handled all rotation business in one night, trading Jesus Montero and Hector Noesi for Michael Pineda and Jose Campos, and before the dust had settled they signed Hiroki Kuroda to a one-year, $10 million deal. The two moves transformed the Yanks’ rotation from solid =with a couple of question marks to dominant.

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