All offseason long, Nelson Cruz was thought of as a terrifying land mine. Plenty was written elsewhere, plenty was written right here, and in early November, Dave used the term “land mine”, specifically, to refer to Cruz as an acquisition. It was understood that Cruz was seeking a major contract. It was understood that Cruz was overrated as a contributing player. It was understood that everyone was to prepare to laugh at the team that eventually gave Cruz a whopper of a deal. Cruz became something of an unfunny offseason punchline. Then he signed with the Orioles for a year and eight million dollars. There are incentives, worth a total of less than one million dollars.

All along, it was assumed Cruz would end up with something statistically unreasonable. What he got instead is something that’s more or less fine for that kind of player, and this is one of the dangers of reaching conclusions about the market before the market reaches a conclusion about a player. As Dave has illustrated, or will illustrate, it’s interesting that this is what Cruz was reduced to. Something else that’s interesting is how the Orioles’ earlier acquisition of Ubaldo Jimenez in part allowed the Cruz signing to take place.

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Recently, the Orioles have finally gotten active with regard to improving their ballclub. Such behavior was long overdue, because inactivity was likely to leave the Orioles in a non-competitive place despite a roster littered with upper-level talent. Their offseason, for a while, was as disappointing as Cincinnati’s, and on the heels of the Ubaldo Jimenez acquisition, writers all over the place have emphasized that the Orioles are working with a short-term window. That is, the Orioles need to win in 2014 or 2015, because after that, they could easily be without both Matt Wieters and Chris Davis.

Wieters is good, and next year is his last year of team control, and he’s represented by Scott Boras. Davis is good, and next year is his last year of team control, and he’s represented by Scott Boras as well. Certainly, the Orioles would rather have more good players than fewer good players, and if they do lose these two, they’ll have to work hard to make up for it. But I want to talk about the Orioles’ perceived window, just as I talked some time ago about the Royals’ perceived window, because the actual reality is always more complicated than the sound-byte reality. For Baltimore, it doesn’t have to be two years or bust.

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Ubaldo Jimenez isn’t what he used to be. His pitches have all declined in velocity and bite since his peak in Colorado, and his Cleveland numbers, both superficial and underlying, look pale in comparison. And this with a move out of one of the most extreme hitter’s parks in the big leagues to one more friendly to pitchers.

But 2013 was a story of redemption for Jimenez, and his adjustment to the current state of his stuff was a big part of that. The Orioles believe in that adjustment, hoping it will stick enough to make the four-year, $50 million investment they made in him look wise.

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For the Orioles it’s been an offseason of mostly quiet contemplation, interrupted only by brief attempted dalliances with Grant Balfour and Tyler Colvin. At last, though, they are stirring again, reaching a three-year agreement with Korean righty Suk-min Yoon worth a reported $5.75 million. The contract, like the others were, is pending a physical, so perhaps it would’ve been wiser to hold off on writing this for another few days, but let’s just assume this is going to be official. Let’s assume the Orioles know what they’re getting into.

Yoon’s a risky sort with limited upside, and there are real questions here that’ll be discussed later on. There’s a reasonable chance Yoon never throws quality innings in the bigs, and there are reasons why he’s signed for less than the market rate of one single win. But let’s just get something clear: this is hardly any money, especially given the three-year guarantee. More money this offseason was thrown at Garrett Jones. A similar amount of money was guaranteed to Willie Bloomquist. Michael Morse got more money. Chad Qualls got more money. Edward Mujica got a lot more money, despite ending up last year with shoulder fatigue. It should be recognized that this is a small commitment, with upside more in terms of potential value than potential ability on the pitcher’s part.

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It both makes a lot of sense and it doesn’t. Grant Balfour is good, and the Rays have signed him for two years and $12 million. You’ll recall that’s $3 million less than it looked like he would be getting earlier in the offseason. That’s the sensible bit. This is the more confusing bit:

There’s also a price to pay with that, as Friedman acknowledged their payroll is projected to be higher than the franchise-record of $72.8 million in 2010.

“I think it’s an unaffordable figure for our franchise,” Friedman said.
[…]
“But it’s certainly not a sustainable number in terms of where we are revenue-wise, but we felt like we had a really good chance to be great next year, that’s why we’re doing what we’re doing.”

That’s from the beginning of January. That’s when the guy in charge of the Rays’ roster referred to the payroll as “unaffordable” and not sustainable. You wouldn’t expect that team to add another eight-figure player, especially with that player being a relief pitcher. But, let’s just assume the Rays have a better idea what they can afford than I do. Let’s assume they’re prepared to move ahead with David Price in the rotation, salary and all. If you grant that the Rays can afford this, then it would appear like the Orioles gave them a gift.

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For a team hoping to contend in the much vaunted AL East, the Baltimore Orioles have had a relatively uneventful offseason. However, uneventful does not mean that they’ve sat quietly like the Milwaukee Brewers (who have yet to sign a free agent to a major league contract). Baltimore has signed over half a dozen free agents, settled with a handful of arbitration eligible players, and even made a trade. Despite the apparent activity, the Orioles focus has been building depth at the bottom of the roster rather than adding to the core. Spring training will prove to be a crowded battle.

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Yesterday, polite and Canadian and polite Marc Hulet published his 2014 organizational prospect list for the Baltimore Orioles.

It goes without saying that, in composing such a list, Hulet has considered the overall future value those prospects might be expected to provide either to the Orioles or whatever other organizations to which they might someday belong.

What this brief post concerns isn’t overall future value, at all, but rather such value as the prospects from Hulet’s list might provide were they to play, more or less, a full major-league season in 2014.

Other prospect projections: Arizona / Chicago AL / Houston / Miami / Minnesota / New York NL / San Diego / San Francisco / Seattle / Toronto.

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Just about anyone reading FanGraphs probably knows about the debate surrounding defensive statistics. About the only thing everyone seems to agree on is that all defensive statistics are inadequate reflections of defense, or at least need extremely large sample sizes to attain reliability. This is especially true with regard to catchers, whose defensive contributions are quite the riddle to solve.

These issues extend even more in the minor leagues, where the sole widely available statistics are the traditional ones–assists, putouts, errors, double plays, range factor, and fielding percentage. Needless to say, these are not broadly effective arbiters of defensive aptitude. Again, catcher defense is arguably even more elusive, with passed balls and caught-stealing percentage the only remotely notable metrics. The desperate search to link numbers to potential leads these stats to often stand for “receiving skills” and “throwing arm,” respectively, which is a gross overstatement of their utility.

In this post, I want to examine just how meaningful, or perhaps meaningless, the passed ball statistic is for catching prospects.

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For five years now, Bronson Arroyo has been better than his peripherals. Since 2009, only three pitchers have a bigger gap between their fielding independent numbers and their ERA, and those three didn’t come close to pitching as many innings. It’s tempting to say the free agent 36-year-old has figured something out… but what has he figured out, exactly? How has he become more than the sum of his parts? It has to be more than a whimsical leg kick.

Let’s use some basic peripherals to find comparable pitchers. His fastball struggles to break 90 mph, he doesn’t strike many out, and he doesn’t have great worm-burning stuff — but the control has been elite. Here are a few other pitchers that fit that sort of mold.
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Free agent closers are the most expensive single player type in baseball. When Matt Swartz did his price calculations for different positions a couple of years ago, he found that teams were paying approximately three times the average $/WAR for relievers as they were for the general population of players. And a disproportionate amount of the money going to relievers was paid to the “proven closers” who hit free agency coming off strong seasons with big save numbers. While solid setup guys might collection a few million and get a two or even three year deal occasionally, big name closers were racking up paychecks that paid them like above average everyday players, with the crazy Jonathan Papelbon contract ($50 million over four years) as perhaps the height of the market’s absurd closer valuations.

The days of Papelbon-style contracts for brand name closers seem to be over. Last year, Rafael Soriano got the largest contract of any free agent reliever, at $28 million for two years, and besides Mariano Rivera’s final one year contract with the Yankees, no other reliever got more than $7 million per year. This year, Joe Nathan was the #1 closer on the free agent market, and he signed for $20 million over two years after the Rangers opted not to make him a $14 million dollar qualifying offer. Nathan’s age was always going to keep him from getting a long contract, but Nathan isn’t the only closer on the market, and now Grant Balfour is showing that the market for closers might not be what it used to be.

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