What Are We Missing About Nick Markakis?
There’s not a contract agreement yet or even an indication that one is close, but one thing seems clear about this particular baseball offseason: There might not be a larger gap between our perception and the conversations we’re hearing in the real world than in those regarding Nick Markakis. A few weeks ago, it seemed like the Orioles were ready to retain him for the next four years, but that hasn’t quite happened yet, and the latest rumors have the Braves, Blue Jays, Giants, O’s, and potentially others all showing interest.
Earlier this week, ESPN’s Jim Bowden — who’s really very good at this sort of thing — suggested Markakis could get four years and $52 million. MLB Trade Rumors said 4/$48M in October. FanGraphs readers were a little more conservative, coming up with an average of 3.4 years and $39.8M, but we also know that the FanGraphs crowd tends to underestimate free agent contracts somewhat.
Just by those numbers, one would think that Markakis is a desirable player to have, but you probably already know that most of the FanGraphs staff doesn’t really see it that way. A month ago, Dave compared Markakis to Nori Aoki, who clearly isn’t getting a four-year deal. Steamer pegs him for a 103 wRC+ and 1.3 WAR in his age-31 season, and that’s with the benefit of a projected 679 plate appearances. Using Steamer/600 on our Free Agent Tracker, he’s tied for the 15th-best unsigned hitter out there. (The usual “don’t overthink the decimal point” caveat applies.) You’ve probably seen many of us mention how down we are on him via tweets or in chats, as well. He’s not young. He’s not improving. He’s not even a source of righty power, this year’s trendy “must-have.”

