Did the Red Sox Really Overpay for Drew Pomeranz?
Last week, when the Red Sox jumped the starting pitching market — surrendering Anderson Espinoza, their best pitching prospect in the deal — to acquire Drew Pomeranz from San Diego, the general consensus was that the team overpaid, like they did in acquiring Craig Kimbrel some months earlier, as the team tries to take advantage of David Ortiz’s last year in baseball. After all, Pomeranz was traded for Yonder Alonso a few months earlier, and despite a great start to the year with the Padres, no one really knows how well he’ll hold up down the stretch, given that this size of workload isn’t something he’s handled before. And just days before the trade, Baseball America had rated Espinoza as the #15 prospect in baseball, 24 spots ahead of Manuel Margot, the primary chip the Padres acquired from the Red Sox in exchange for their closer over the winter.
Giving up a top-15 prospect for a guy with as many question marks as Pomeranz comes with is certainly a gamble, as the deal will look disastrous if Pomeranz can’t hold up through October and Espinoza reaches his upside. But I can’t help but wonder if this deal is perhaps an example of how public prospect ratings and a player’s current market value can diverge pretty significantly.
