For years, rumors have connected Nolan Arenado and the St. Louis Cardinals. Some of it was wishcasting — Cardinals fans have spent the last 25 years expecting (and often seeing) trades for unhappy superstars, and Arenado sure seemed unhappy. Some of it was actual interest — the Cardinals have been in the superstar trade market and the Rockies have been in the move-Arenado market at various points. Today, it’s happening: per The Athletic’s Ken Rosenthal, Arenado has been traded to the Cardinals for five players: Austin Gomber, Mateo Gil, Tony Locey, Elehuris Montero, and Jake Sommers.

The sticking point in any Arenado trade was always going to be capitalism. That’s painting with a broad brush, so let’s rephrase: there’s no doubt that Arenado is one of the best players in the game, but the vagaries of his contract and the math of surplus value combined to limit a potential return. Remember when Giancarlo Stanton got traded to the Yankees for essentially nothing? This would be like that, only potentially even worse.

Arenado is due $199 million over the next six years. That’s a large contract, as befits a player of his stature. If you value one win above replacement at around $8 million (my best estimate at present, though the error bars are huge given the pandemic), Arenado would need to produce roughly 25 WAR over the next six years to break even. We’ve got ZiPS forecasts for the next five of those years:

The numbers fall a little short, which is why finding a trading partner for Arenado has proved so elusive even as rumors of his availability persisted. That doesn’t even take into account a player option that would allow him to become a free agent after the 2021 season; it’s hard to trade a lot for a player who might not be on your team in a year’s time.

Those are the reasons that Arenado was a strange piece to fit in a trade. The counter? Arenado is an awesome player! He’s Nolan Arenado, for crying out loud. Over the last five years, he’s been the seventh-best position player in the game. At 29, he’s not a spring chicken anymore, but he’s still one of the best third basemen out there. Every single team in baseball would be improved by adding him, even if they had to shift a few pieces around to fit him in.

This weird dichotomy — excellent player, middling trade chip — explains the strangeness of this deal. Though the terms of the deal aren’t final, the Rockies are reportedly sending roughly $50 million to the Cardinals as part of the trade, and Arenado has agreed to defer some of his compensation to further sweeten the financial pot for St. Louis. The Cardinals gave Arenado an extra opt-out and an extra year reported at $15 million in exchange. There are all kinds of wild financial things going on in this deal, but let’s skip all that for now and focus on what St. Louis is getting on the field.

The highlight of this trade is pretty clear: the Cardinals just got a new best player on their team. The NL Central is up for grabs this year, and the four teams with a realistic shot at it have spent the offseason doing a whole lot of nothing. Adam Wainwright, who signed earlier this week, was the first player the Cardinals inked to a major league contract all offseason. Read the rest of this entry »

Just two years ago, the Blue Jays used an MLB-record 21 different starters over the course of a season, most of whom were either years past their prime or pitching in the majors for the very first time. Unsurprisingly, that didn’t go so well. Toronto tried to fix that last winter by adding nearly enough pitchers to build a whole new rotation, then acquired three more starters at the August trade deadline. Even after all that movement, though, the Jays still finished 24th in the majors in pitching WAR.

The Blue Jays don’t have an arm quantity problem; they have an arm quality problem. But between a free-agent market lacking in top-end starting pitching and an apparent unwillingness to compete with the Padres and White Sox in making trades for aces, Toronto has been unable to address that need. Instead, it has directed its financial resources elsewhere, adding two of the best free-agent hitters of this winter’s class and the best reliever of the 2019 season. The Blue Jays have improved their offense and their bullpen. As for their starting pitchers, well, there sure are a lot of them.

You can add one more arm to that growing pile, as Toronto acquired left-hander Steven Matz from the Mets on Wednesday in exchange for three young right-handed pitchers: Sean Reid-Foley, Yennsy Diaz and Josh Winckowski. Matz, 29, is entering his final year of team control and is set to make just over $5 million in 2021. He became expendable in New York after the team acquired Joey Lucchesi — a younger, cheaper, and more controllable left-handed starter — from the Padres in the three-team deal that sent Joe Musgrove from Pittsburgh to San Diego. On the Mets, Matz was either the fifth or sixth starter in an elite rotation. In Toronto, he’ll be the fifth or sixth starter in a rotation that is merely okay.

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Pittsburgh’s sell-off continued over the weekend, with the Pirates sending starting pitcher Jameson Taillon to the New York Yankees in return for four prospects. The 29-year-old didn’t pitch in 2020, his season lost due to rehabilitation from Tommy John surgery in late 2019, the second such surgery of his career. Taillon, a former 2010 first-round pick, has suffered more than his share of setbacks, missing three years of his career and most of a fourth due to his elbow injuries and a sports hernia; he also missed time in 2017 due to testicular cancer. He heads to a Yankees rotation with a lot of interesting upside talent and a surplus of question marks.

Taillon’s departure to join former teammate Gerrit Cole in the Bronx represents the end of an era in Pittsburgh. Taken in consecutive drafts in 2010 and ’11, Taillon and Cole were frequently imagined together as the two aces at the top of a future Pirates rotation. For a team that had had recent first-round busts in the quickly injured Brad Lincoln and the bafflingly selected Daniel Moskos, this pair was the cornerstone of the rebuilding efforts of the then-new Frank Coonelly/Neal Huntington regime. Both pitchers were consensus elite choices in the draft and were selected without any of the team’s trademark cynical calculations about whether a player would sign on the cheap.

Taillon and Cole met their lofty expectations as they quickly worked their way through the minors. Cole, a college draftee, made his 2011 major league debut just two years after draft day, and if not for injury, Taillon would have likely followed him early in 2014. Missing two years is an enormous setback for any prospect, but the Pirates averaged 93 wins per season over 2013-15 and could afford to be patient. As the holes the team had to fill in order to continue winning increased, ownership’s commitment to investing in the roster did not, and the Pirates needed Taillon in 2016 more than they did in ’14 or ’15. And he succeeded, requiring only a 10-game tuneup at Triple-A before debuting in the majors and pitching well enough where he would have gotten some Rookie of the Year votes if he had been up for the entire year. Read the rest of this entry »

Sunday, the Pirates traded starter Jameson Taillon to the Yankees for a package of four prospects. Dan Szymborksi will provide in-depth analysis of the deal as it pertains to the Yankees soon, though I’ll note to start that with the return of Luis Severino and Domingo Germán and the additions of Corey Kluber and now Taillon, the Yankees rotation will be reliant on several high-risk, high-reward starters this season.

Of course, nobody likes trading away good big leaguers, especially those who the club and city care about for reasons beyond their on-field performance. Taillon has persevered through a lot, including testicular cancer and an August 2019 Tommy John, the second such surgery of his career. When he next steps on a big league mound, it will have been nearly two years since he last did so. That layoff (he has been throwing live BP to hitters since late last summer and has been throwing bullpens during the offseason) creates volatility that mirrors the added volatility of this particular prospect package. Taillon could be an anchor of the Yankees rotation next year or might be a shell of himself. Regardless of which he would have been in Pittsburgh, the Pirates are not ready to compete and so I think they did well to trade him for four good prospects today, acquiring upside but also mitigating risk by getting several players in return.

On to those prospects. The quartet heading back to Pittsburgh — righties Miguel Yajure (age 22) and Roansy Contreras (21), 21-year-old outfielder Canaan Smith-Njigba, and 18-year-old shortstop Maikol Escotto — is a pretty exciting. Read the rest of this entry »

Over the last two days, the Reds have made a couple of small trades — acquiring Hector Perez from Toronto for a PTBNL or cash and Cionel Pérez from Houston for former South Carolina catcher Luke Berryhill — to bolster their bullpen depth. These are the latest in a series of transactions that are part of an obvious effort to pick up change of scenery candidates (Jeff Hoffman, the Perez(s), Art Warren), or players falling off the bottom of other rosters (Edgar Ernesto Garcia, Brandon Bailey) to try to create an above-replacement injury/COVID safety valve at the bottom of Cincinnati’s active roster and in the upper minors. This might prove especially important if the team’s 2021 innings are spread across more pitchers to prevent huge workload increases after the shortened season. Read the rest of this entry »

On (day of week), the Padres acquired (talented pitcher) from the (spendthrift team) in exchange for a seeming pittance, including (name of decent but not overwhelming Padres prospect). Now, surely, AJ Preller is done. Or is he?

Oh, hello there! Sorry about that. That’s actually the Mad Libs-esque form that I normally use to cover Padres pitching transactions. Today, I’ve got some details for you. It’s Joe Musgrove heading to the best weather in baseball, Hudson Head and Endy Rodriguez highlighting the group headed out (in a three-team trade involving the Pirates and Mets), and Andrew Friedman gently whispering words of affirmation to himself: “We’ll still win the long game, we’ll still win the long game, the Dodger Way can’t be beat.”

Musgrove isn’t an ace, at least not in the way that new teammates Yu Darvish and Blake Snell are. He would have been Pittsburgh’s number one starter this year, which isn’t the same thing. In San Diego, he’ll slot in as the Padres fourth starter. Let the words of Anakin Skywalker speak for the rest of the NL West: “This is outrageous! It’s unfair!”

Seriously, take a look at our Depth Charts predictions for the Padre rotation:

There simply aren’t other teams throwing out pitchers like Musgrove after a whopping three other pitchers. We think that the Padres, Yankees, and Mets will accrue roughly equal value from starting pitchers next year, but the New York teams are doing it with Gerrit Cole and Jacob deGrom, the consensus best two pitchers in the game. Yu Darvish is nice, but not that nice. The Padres are building their own Death Star rotation, and they’re doing it with volume. Read the rest of this entry »

For years, rumors have circulated that Francisco Lindor was available in trade. Cleveland, ever penny-pinching, always looked unlikely to sign him to an extension. He’s due to reach free agency after this season, which put a clock on the situation. Today, that clock struck midnight. As first reported by Jeff Passan, the Mets have acquired Lindor and Carlos Carrasco in exchange for Amed Rosario, Andrés Giménez, Josh Wolf, and Isaiah Greene.

It’s easy to like New York’s side of the deal. Lindor is one of the 10 or so best position players in baseball, and at 27, he’s just entering his prime. In addition, he’s one of the best defensive shortstops in the game, a huge upgrade for a team that induces a ton of grounders.

He’s a free agent after this year, of course, which limited Cleveland’s return for him, but the Mets have talked all offseason about signing marquee free agents, and Lindor blows this year’s crop out of the water. None of the available free agents this winter project for more than J.T. Realmuto’s 4.1 WAR, and none of the top 10 are younger than 30. Lindor is better, younger, and arguably more marketable than anyone on that list, and it’s not particularly close.

Most of the best hitters in baseball get there by, well, hitting. Lindor does that too — Steamer and ZiPS think he’ll be the third-best batter at the shortstop position in 2021 — but he gets an outsize proportion of his value from defense. From 2018 to 2020, he’s been the second-best shortstop defender in baseball per UZR, behind only Andrelton Simmons. DRS has him fourth, behind Simmons, Paul DeJong, and Nick Ahmed. Per Outs Above Average, he’s second only to Ahmed. No matter how you slice it, his defense is stellar.

If you plug Ahmed or Simmons (and probably DeJong, too) into your lineup, you’re sacrificing offense for defense. Not so with Lindor. His worst season at the plate was 2020, but even then, he managed a .258/.335/.415 line, good for a 100 wRC+. For his career, he’s a .285/.346/.488 hitter, a line buoyed by his phenomenal contact skills. Despite an aggressive approach at the plate, he strikes out only 14.1% of the time while walking at an average rate, which gives him a high floor.

Though he brings plenty of other positive qualities to the table, that contact skill is his only true standout offensive ability. He displayed shocking power in 2018, barreling up 9.3% of his batted balls on the way to 38 home runs, but for the most part, he gets to his stats by being roughly average when he makes contact while making far more contact than the average hitter. In his career, he’s accumulated a .383 xwOBA on contact and a .380 actual wOBA on contact, a hair higher than the .376 and .370 marks the league as a whole has accrued over the same time period. Even average power plays up when you get so many opportunities, though, which is how he put together three straight 30-homer seasons from 2017 to 2019. Read the rest of this entry »

The quiet that had descended over baseball since San Diego’s flurry of trades was shattered by the Mets on Thursday as the team landed Francisco Lindor, the most-coveted player likely available this winter, in a trade with Cleveland. And since most good ideas become even better with a bit of fit and finish, the team also secured the services of Carlos Carrasco, adding crucial depth to the rotation. In return, the Mets are sending Amed Rosario, Andrés Giménez, Josh Wolf, and Isaiah Greene to play at the Jake.

Full trade, per sources:

To Mets: Francisco Lindor and Carlos Carrasco.

To Indians: Amed Rosario, Andrés Giménez, Josh Wolf, Isaiah Greene.

— Ken Rosenthal (@Ken_Rosenthal) January 7, 2021

At this point, it would have been more surprising if the Cleveland didn’t trade Lindor before the start of the 2021 season. This move was long expected, but the “where” has been one of baseball’s long-burning questions. Lindor’s 100 wRC+ in the abbreviated 2020 and his 114 wRC+ from 2019 were both well below the 130 he spiked in 2018, but at this point, we’re simply quibbling on degrees of superstardom. The Mets were serious second-tier contenders in the National League – San Diego and Los Angeles are in their own class — and even if you like Rosario and Giménez, you can’t pass up the opportunity to acquire a top-five shortstop in Lindor (he’s third in our Depth Charts, first in ZiPS). Read the rest of this entry »

In some ways, Tuesday’s three-way trade between the Phillies (who acquired relief lefty José Alvarado), Rays (who acquired first baseman Dillon Paulson and a PTBNL/cash) and Dodgers (who acquired bullpen lefty Garrett Cleavinger) was an extension of the Blake Snell trade from earlier in the week. In that deal, the Rays got two 40-man roster players back in return (Francisco Mejía and Luis Patiño) but sent away only one, which meant they needed to clear a 40-man spot via trade in order for the move to be announced without them losing someone for nothing.

As a result, the Rays were leveraged into giving up the most exciting player in a minor swap in Alvarado, a husky lefty with elite-level stuff, a troubling injury history and frustrating control. It wasn’t long ago that he looked like the Rays’ future closer or high-leverage stopper. In 2018, when he was routinely sitting 98–101 mph early in the year, he ranked seventh among MLB relievers in WAR despite throwing just 53 innings because he was striking out hitters at a 30% clip, and generating ground balls 55% of the time his pitches were put in play. Alvarado became .giffamous (pronounced like infamous) because nobody should be able to throw a ball that moves that much that hard.

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In roughly 24 hours, the San Diego Padres traded away a total of six players who, were they dropped into the amateur draft tomorrow, would come off the board somewhere in the top 50 picks. It’s the kind of talent few orgs have in their systems at all, never mind in such excess that they can ship it away without totally nuking the farm. Rumors that the Padres were in pursuit of Yu Darvish spread through the industry a few days before Christmas, but it’s taken years of focused rebuilding through the draft, international signings, and trades for pro prospects, and the GM himself sometimes roaming the backfields looking at raw, young players, to build toward a week like the one the Padres and their fans have had. On Monday, the rumors became an in-principle agreement to swap Darvish and C/1B Victor Caratini for several exciting young players most recently scouted on the Peoria, Arizona backfields: Reginald Preciado, Ismael Mena, Yeison Santana, and Owen Caissie. I was lucky enough to see more Padres instructs action than any other club’s, and other than Caissie, I’ve had year-over-year looks at all of them.

You can see where I had all the prospects involved evaluated before my Instructional League looks for some context to the movement I’m about to describe, because two of the traded prospects have moved up quite a bit, and a third might still. Let’s start with Panamanian infielder Reggie Preciado, who is the best prospect in the trade and will be on this offseason’s top 100 prospect list as a 50 FV player. Preciado has the overt physical traits that teams have traditionally coveted in the international market. He’s a big-framed (about 6-foot-4) switch-hitter who is athletic enough to stay on the infield. Players like this have a wide range of potential outcomes, and one is for their body to develop in the Goldilocks Zone where they remain agile enough to stay at shortstop, but become big and strong enough to hit for impact power. Though some teams have shown evidence of a philosophical shift in this area, prospects like Preciado are the ones who typically get paid the most money on the international market, and indeed Preciado received $1.3 million, a record for a player from Panama.

When Preciado came to the States for 2019 instructs, he looked like you’d expect a 16-year-old his size to look: raw and uncoordinated. He still had not gained athletic dominion over his frame, and he looked much more like a third base defender than a shortstop. Fast forward a year (because there was no minor league season) to the Fall of 2020 and Preciado now has a batting stance and swing that look an awful lot like Corey Seager’s. It allows him to be relatively short to the baseball despite his lever length, and whether it had to do with the swing change or not, he looked much more comfortable in the box this Fall than he did last year. Because of the missing minor league season, most teams in Arizona brought an older contingent of player to instructs than they usually would, and still Preciado (who is just 17) was striking the ball with consistency and power from both sides of the plate. I still think he ends up at third, but there’s rare hit/power combination potential here and it just takes confidence in one’s eyes to see it might already have arrived. I now have him rated ahead of Cubs first rounder Ed Howard and, barring any more deals, Preciado is likely to rank third or fourth on the Cubs list this offseason. Read the rest of this entry »