Just yesterday, I took the chance to write a little something about Miles Mikolas, a non-Shohei Ohtani starting pitcher available now after spending years in Japan. I figured that Mikolas was flying under the radar, but I had no idea he was so close to signing a major-league contract. It’s a perfect example of accidental timeliness. Mikolas has now reached an agreement with the Cardinals, for $15.5 million over two years. It’s a bit north of what some executives expected, but demand drove the price. Mikolas will get another opportunity to start in the bigs, after having been one of the better starters in Japan for three years.

I’ll just re-post the same image from Monday:

For three years, but last year in particular, Mikolas has succeeded through strikes and ground balls. He’s wound up with good strikeout rates, too, but not so much because of true swing-and-miss stuff. He’s gotten strikeouts by getting ahead and staying ahead. By winning these sweepstakes, the Cardinals are expressing the most faith in Mikolas’ ability to keep hitting his spots in the majors. He blends a low-90s fastball with a big curve and a sharp slider, and that slider, last season, was one of the most effective secondary pitches in the NPB. Mikolas additionally led the league in innings pitched one year after missing time with shoulder discomfort. Being just 29, he should be around the prime of his career.

The popular comp seems to be Colby Lewis. When Lewis returned to the majors from Japan in 2010, he made 32 starts and was worth 4.7 WAR. That sets probably too high a bar, but the arsenals are similar, and the terms here are still perfectly affordable, even despite the widespread demand. Last offseason, Edinson Volquez signed for two years and $22 million. Jason Hammel signed for two years and $16 million. Charlie Morton signed for two years and $14 million. Hell, Travis Wood signed for two years and $12 million. This is roughly how Mikolas has been classified. It’s not hard to see how he could exceed market expectations.

The Rangers had been closely linked to Mikolas, having had him before. Apparently they were thinking about trying a six-man rotation, including Mikolas, Mike Minor, and — potentially — Ohtani. Now they won’t have Mikolas, and they still might not get Ohtani, but it’s clear they’re open-minded. As for the Cardinals, Mikolas joins Carlos Martinez, Michael Wacha, Adam Wainwright, Luke Weaver, Alex Reyes, and Jack Flaherty. The rotation is deep in talent, if not in track record. Reyes won’t be ready to begin the season, and he could open as a reliever. Flaherty could probably use more time in the minors. That leaves the Cardinals with five names, with further depth available as needed. This also makes it easier to part with a starter for a hitter, so, in short, there are options. Signing Mikolas decreases financial flexibility, but it increases resource flexibility. We already knew the Cardinals were looking to make trades, and now it’s that much easier to subtract from the potential starting staff.

Mikolas is no guarantee to succeed, but he’s already succeeded at one of the world’s highest levels. He’s earned this shot, and if his command can carry over, this could look like a great deal in six or seven months. At last, it feels like the offseason market is opening up. I’d say it’s about time.

In the midst of a slow beginning to the offseason, the big slugger in Miami keeps hitting homers — at least when it comes to providing content. Even after I made the case for acquiring Giancarlo Stanton — particularly for a team like the Giants — and Craig Edwards pointed out how an opt-out lowers Stanton’s value, the NL MVP remains a source of inspiration. Because, while all of those posts regarding Stanton feature assumptions about his ability to produce years from now, none of them focus on how well or poorly he’ll age, specifically. How he ages, though, is super important to how one thinks about his contract. It’s a matter worth unpacking further, in other words.

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The Cardinals are trying to trade for Giancarlo Stanton. They’ve made no secret of their off-season plan to consolidate some of their young talent into a trade for an impact hitter, and Stanton seems to be Plan A. But they aren’t the only team trying to trade for the reigning NL MVP, and reports have suggested the Giants might be the most aggressive bidder so far. Additionally, Stanton might have some preference for playing on the west coast, and since he has a full no-trade clause, Stanton could just veto a trade to STL if he thought he had some chance of going to SF instead.

So the Cardinals might want Giancarlo Stanton and even line up best with the Marlins in a trade, but that doesn’t mean it’s going to happen. And thus, the Cardinals should have some kind of Plan B. So let me suggest that, while the Blue Jays continue to say they aren’t trading their star player, the Cardinals should be pestering Mark Shapiro and Ross Atkins about making a deal for Josh Donaldson.

Because a Donaldson-to-STL trade might make even more sense than a Stanton trade.

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“I know all teams have plenty of money.”

—Giancarlo Stanton

This season’s National League MVP, Giancarlo Stanton, recently addressed rumors that Miami might trade him, noting that the club could immediately become a postseason contender with the addition of pitching. His suggestion that all teams have plenty of money certainly appears to be a response to speculation that the Marlins intend to slash payroll a few months after having been purchased for more than a billion dollars.

It also stands to reason that he was commenting upon the fact any club could theoretically afford to acquire Stanton and the $295 million remaining on his contract. In one sense, he’s probably right. Revenues in baseball are at an all-time high. For a number of reasons, however, there’s not a direct correlation in baseball between revenues and spending.

One main reason is the competitive-balance tax, formerly known as the luxury tax. The cap for the tax has increased at only about half the rate of MLB payrolls. Accordingly, more teams find themselves up against a tax that was made more painful in the last CBA. Those taxes have pretty drastic effects on the trade market for Giancarlo Stanton, putting some teams out of the bidding and making the cost for others high enough that a competitive offer might be unreasonable.

Two years ago, Nathaniel Grow wrote an excellent piece about the implications of the luxury tax this century, showing how many teams used the tax as a cap, which has driven down spending relative to revenue over the last decade. In the last few years, the tax threshold has grown at a very slow rate, such that, by the end of the current CBA, teams with an average payroll will find themselves just a single major free-agent signing away from transcending it. The graph below depicts both average team payrolls and the tax threshold since 2003.

Over the last 15 years, payroll has grown at a pace 50% faster than that of the competitive-balance tax amount. However, the chart above actually overstates the rate at which the competitive-balance threshold has grown. From 2003 until the beginning of the previous CBA in 2011, the luxury tax grew at a rate pretty close to MLB payrolls, even if it did depress salaries compared to revenue. Beginning with the CBA that started in 2011 and the new CBA, which goes through 2021, the competitive-balance tax has seen barely any growth, especially when it comes to payroll.

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There’s no player more polarizing this offseason than Miami outfielder Giancarlo Stanton. The Marlins’ new ownership group has indicated that they’d like to reduce the club’s payroll by as much as $50 million before the start of the 2018 campaign. With 10 years and $295 million remaining on his contract, Stanton is the logical place to begin with any such cuts.

The prospect of a Stanton trade isn’t particularly straightforward, though. There appears to be little consensus on the relative value of his production to the costs required to employ him. Is he overpriced and injury prone — should he be treated as a salary dump? Or is he the rare available peak-aged star who should be coveted?

What follows is a series of points in support of the latter case.

He’s not necessarily injury prone.
Much has been made of Stanton’s inability to put up 600-plus plate appearances — probably too much. It’s true that he’s only crossed that threshold four times over eight years in the bigs (yes, we can count the 636 he put up over two levels in his rookie season), but that’s not as damning as it may seem. And that’s not just because one of those four injury-shortened seasons came from a broken jaw on a hit by pitch — that is, by means of a one-time event, not a chronic problem.

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Author’s note: this post was updated to reflect changes caused by trades (Ozuna, Piscotty, etc.)

Below is an analysis of the prospects in the St. Louis Cardinals farm system. Scouting reports are compiled with information provided by industry sources as well as from my own observations. The KATOH (stats-only) statistical projections, probable-outcome graphs, and (further down) Mahalanobis comps have been provided by Chris Mitchell. For more information on the 20-80 scouting scale by which all of my prospect content is governed you can click here. For further explanation of the merits and drawbacks of Future Value, read this.

Last Year’s Cardinals List

60 FV Prospects

As the baseball calendar turned over to 2017, Alex Reyes was arguably the best pitching prospect in the game and set to be the brightest young star on a likely playoff contender. Instead, he would need Tommy John before all of his teammates had even arrived for spring training. It was a disappointing twist in an already eventful, young career.

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Congratulations to Cody Bellinger for winning the National League Rookie of the Year Award! While I’m actually writing this post before the award is announced, the case for Bellinger is pretty clear — no National League rookie had a bat like his while playing in so many games. As a bonus, Bellinger also recorded strong numbers on the basepaths and became one of 12 first basemen to add four or more games in center field since free agency began in 1974. Using a swing that the Dodgers helped him build, he hit the third-most home runs in a rookie season, ever. Bellinger had a top-20 rookie season over that time span in the National League and deserves his award for regular-season excellence.

But, as a member of the Baseball Writers Association, I had the benefit and honor of fulling out a full ballot for this award, not just one name. It’s down the ballot where things got difficult. It’s down the ballot where I began to wonder how much the future matters when believing the past. It’s down the ballot where I hemmed and hawed, considering the qualities of players as differently excellent as Luis Castillo, Paul DeJong, and Rhys Hoskins.

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Today, the off-season begins in earnest, as free agents become eligible to sign with new teams at 5 pm eastern. And given the number of interesting players on the market and which teams look like buyers, it should be a more active free agent atmosphere than we’ve seen in past years. Toss in a number of high-profile trade targets, and we could be in for a pretty interesting winter.

But every year, it seems, a few teams end up driving the off-season action. Last year, White Sox GM Rick Hahn became the most popular guy in town, as he shopped Chris Sale and Adam Eaton around at the winter meetings, eventually making blockbuster trades for both. The Dodgers were the big spenders, bringing back their trio of top-tier free agents, though at rates that proved to be bargains in every case.

Of course, in prior years, teams like the Diamondbacks, Padres, and Tigers have dominated the off-seasons with their aggressive attempts to get better, only to see those moves push the franchise in the wrong direction. So being the hot stove kingpin isn’t always a good thing, and with a particularly risky set of premium free agents, there’s a decent chance that whoever makes the most big moves this winter will also end up wishing they had been a bit more cautious. But as we head into the time when a few teams are looking to remake their franchises in significant ways, let’s take a look at which teams might end up being the ones who have the most impact — one way or the other — on their clubs this winter.

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Alex Bregman slashed .337/.409/.514 in three seasons at Louisiana State University, twice earning All-American honors. Displaying outstanding bat-to-ball skills, he fanned just 68 times in 786 collegiate at bats. The Houston Astros rewarded his efforts by selecting him second overall in the 2015 draft.

And then they asked him to change.

“A ton,” answered Bregman, when asked how much he’s evolved as a hitter since signing. “In college, I tried to hit the ball on the ground and low line drives. Up here, there aren’t a lot of hits on the ground with guys like Carlos Correa and Andrelton Simmons playing shortstop. Now I try to not hit ground balls.”

The ink had barely dried on his contract when he was told to alter his approach. Organizations typically let first-year players finish the season before suggesting changes, but Bregman was told “right away” that something else was expected. Before he could get his feet wet at the professional level, he had to “learn on the fly how to drive a baseball.”

He proved to be a quick study. Two short years later, in his first full big-league season, the 23-year-old infielder put up a .284/.352/.475 slash line, and his 63 extra-base hits included 19 home runs. He strikes out more often than he used to — “I never used to swing and miss, and now I do occasionally” — but it’s not as though he’s become all or nothing. His K-rate was a wholly acceptable 15.5%.

The adjustments he made were both mental and mechanical in nature. Read the rest of this entry »

This season, 144 players reached the 502-plate-appearance threshold necessary to qualify for the batting title. On the opposite end of the spectrum, there were 190 position players who tallied between one and 99 PA for the season. In between, there were 291 position players. Some of these were starters who simply missed time due to injury (Bryce Harper, for example) or the nature of their position (Salvador Perez) or because they weren’t major leaguers yet at the start of the season (Paul DeJong), but some of them are what we’d call true part-time players. At this time of year, we generally focus on the very best players. It’s awards season, after all. Part-time players get less shine. So let’s focus on them today, at the very least.

I’ve done this exercise once before, back in 2012. Now, as then, I’ve parsed the list to give us a clear picture of who is really a part-time player. My favorite tool for this exercise is the “Lineups and Defense” pages on Baseball-Reference. When they redesigned the website recently (I think it was recently? Maybe it was last year? I don’t know, I don’t even remember what I had for dinner on Thursday.) I experienced a few panicky minutes when I couldn’t find the pages, but fortunately they’re still there. Phew.

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