Nothing can deflate the excitement surrounding a hopeful contender like a leaky bullpen, but as is the case most years, several teams have encountered just that kind of luck in the opening weeks of the 2020 season. At various times, the relief corps of the Cubs, Reds, and Padres have all been a hurdle for those teams to overcome, rather than an asset assisting them in their playoff pursuits. As much as those units and others have struggled this season, however, no team’s group of relievers has made victories harder to achieve than that of the Phillies. Their bullpen ERA of 8.00 is the worst in baseball by more than two runs. Unsurprisingly, that has had a big impact on Philadelphia’s postseason hopes — at 10-14, the team is last in its division, and second-worst in the National League.

Instead of packing it in, however, the Phillies have dialed up some assistance from the last place team in the other league. Late Friday night, Philadelphia struck a deal to acquire right-handed relievers Brandon Workman and Heath Hembree from the Boston Red Sox in exchange for right-hander Nick Pivetta and minor league arm Connor Seabold. Boston also sent $815,000 in cash to complete the swap, assisting the Phillies in paying the $1.05 million owed to the two relievers for the rest of the season.

Of the pair heading to Philadelphia, Workman offers the most upside. A Tommy John survivor who was still spending significant time in the minors as recently as 2018, Workman broke out in 2019 with some truly elite numbers — a 1.88 ERA, 2.46 FIP, 2.1 WAR, and 13.06 K/9. When I examined him near the end of last season, I found he’d made a number of changes to his approach. He was suddenly throwing his curve nearly half of the time, and had found a way to to dramatically reduce the number of strikes he threw without suffering a noticeable drop in opponents’ swing rate. Read the rest of this entry »

Yesterday, a few days after the transaction freeze was lifted, we had our first mid-pandemic trade when the Padres acquired Jorge Mateo from Oakland for a Player to be Named Later. Let’s dig into this deal, which is more important mechanically than it is from a baseball standpoint.

The Padres sending a PTBNL to Oakland circumvents the stated 2020 restriction that only players who are part of the 60-man player pool may be traded. Even if the A’s and Padres already know who the player will be, announcing the deal with a PTBNL distinction enables Oakland to avoid using a player pool spot on the new prospect. It’s an indication that, whoever the player is or will be, they’re not currently in San Diego’s 60-man pool, otherwise they’d just have been announced as the trade piece. Since there will be no minor league season, we won’t have an awkward, Trea Turner or Drew Pomeranz situation where a team is rostering and developing a minor leaguer who they and the industry knows they’ll soon trade. Even if the PTBNL needs to be put on the 60 later this summer in order to complete the transaction, doing it at the last possible moment enables the teams to have that roster spot free for as long as possible. Read the rest of this entry »

Over the weekend, the presumptive second-best team in the AL East sent a key contributor from a recent playoff run to sunny California. In exchange, they received a package including a major league outfielder and a minor league catcher. That’s right — Emilio Pagán is headed to San Diego. As Josh Tolentino first reported, the Rays traded Pagán to the Padres in exchange for Manuel Margot and catching prospect Logan Driscoll.

At first glance, this trade seems pretty straightforward. Pagán was the most valuable pitcher in one of the best bullpens in baseball last year. His fastball/slider combination overwhelmed batters to the tune of a 36% strikeout rate and only a 4.9% walk rate. With Nick Anderson, Diego Castillo, José Alvarado, and a host of others ready to pick up the slack, however, he was surplus, and as noted last week, the Rays lacked a right-handed platoon partner to play center alongside Kevin Kiermaier.

Enter Margot, or exit Margot from San Diego’s perspective. Over three seasons as the team’s regular center fielder, he provided spectacular defense and forgettable offense. Per Statcast’s OAA, he’s been the eighth-best defensive outfielder in baseball since the beginning of 2017. His batting line of .248/.301/.394, on the other hand, works out to an 85 wRC+, a cool 207th among qualifying players. The whole package came out to 4.1 WAR over those years, and while that’s a valuable contribution, it’s a fourth outfielder’s line overall, even with the shiny defense. Read the rest of this entry »

Editor’s Note: This piece has been updated to reflect Jair Camargo’s trade to the Twins from the Dodgers as part of those teams’ Kenta Maeda/Brusdar Graterol swap.

On Tuesday, word got out that Mookie Betts would be traded to the Dodgers. Over the course of the week, the trade moved from a seeming certainty to something less so, as the Red Sox reportedly raised concerns about the health of prospect Brusdar Graterol. With spring training just days away, the players were stuck in limbo as the teams tried to renegotiate. Now it appears those negotiations have borne fruit, with a new deal finalized per reports from Jeff Passan, Ken Rosenthal, and Chad Jennings. And in a bit of good news after the indecision of the last four days, Alex Speier is reporting that the player medical evaluations are done, with only league approval of the money heading to Los Angeles holding up the official finalization of the trade.

The original deal was a three-team swap involving the Dodgers, Twins, and Red Sox, with a follow-up trade between the Angels and Dodgers. But Sunday’s moves involve two discrete trades between the Dodgers and Red Sox, and the Dodgers and Twins. And that Dodgers-Angels deal? It is not happening, per Ken Rosenthal.

Let’s look at the finalized version of each trade.

Trade 1: Dodgers/Red Sox

Dodgers Receive:

• OF Mookie Betts
• LHP David Price
• $48 million to pay David Price’s $96 million salary over the next three years.

Red Sox Receive:

• OF Alex Verdugo
• SS Jeter Downs
• C Connor Wong

What’s new: The Red Sox were previously set to receive Minnesota pitching prospect Brusdar Graterol. With the Twins now out of the deal, the Dodgers will send along Jeter Downs and Connor Wong to complete the trade. We also now know the cash considerations for David Price. Read the rest of this entry »

The Angels quietly made a transaction of their own on Mookiesmas, picking up Joc Pederson, Ross Stripling, and Andy Pages from the Los Angeles Dodgers in return for Luis Rengifo and possibly a second prospect. The exact final names, most prominently if there’s anyone else heading to the Dodgers, are still up in the air at publication time.

If the Mookie trade was a Tuesday night earthquake, the Pederson move is one of its aftershocks. The Dodgers are splashing a lot of dollars onto their 2020 payroll, and whether or not baseball ought to have a luxury tax with steep penalties, that’s the world we live in and teams take it very seriously. Pederson’s exact 2020 salary is still unknown as he’s headed to arbitration, with the Dodgers filing at $7.75 million and Pederson’s camp at $9 million. The MLB Trade Rumors prediction of $8.5 million is the one we’ll go with there.

Sending Stripling to the Angels also removes $2.1 million from the Dodger payroll, putting the total luxury tax number at around $220 million. It does not appear the Dodgers got enough salary thrown in by the Red Sox to get under the first luxury tax threshold, but they do appear to be safely under the second threshold of $228 million. This is important because it leaves the Dodgers some flexibility to make other, small additions, while avoiding the second threshold’s steeper penalties, which could matter if the team’s in a position where they feel they need to pull the trigger on a big trade in July.

[Correction: Our payroll page for the Dodgers previously included Homer Bailey’s buyout and dollar figures for Yasiel Sierra and Hector Olivera in the team’s luxury tax figure. This has since been updated. The Dodgers now appear to have a chance to actually get under the $208 million threshold, not just the $228 million one. The exact amount the Red Sox are sending to the Dodgers to cover David Price’s contract is not yet public, so the situation remains fluid. If the Dodgers get under the $208 million threshold, it seems less likely that they would then spend over that threshold at the deadline. My apologies for any confusion! -DS]

Like Kenta Maeda, Stripling’s a nice player to have around, but with the Alex Wood signing, he’d probably be seventh or eighth in the rotation pecking order, even with Maeda gone to the Twins. Dustin May, Tony Gonsolin, and if healthy, Jimmy Nelson, all have higher upside than Stripling, who sheds a good deal of his utility if he isn’t in a starting role. Read the rest of this entry »

As has been the case for too many October contests since Kirk Gibson homered off Dennis Eckersley, the Dodgers couldn’t seem to win the big ones this winter. They reportedly offered Gerrit Cole $300 million (with deferrals), but were outbid by the Yankees. They expressed interest in Anthony Rendon, but never offered him a contract, and were unwilling to go to a fourth year for Josh Donaldson. Hell, they were even outspent by the Blue Jays — who had spent less than all but four other teams in free agency over the past 14 years — for the services of Hyun-Jin Ryu. They were said to be focused on trades, with a Francisco Lindor/Mike Clevinger package offering one tantalizing possibility. On Tuesday, they finally broke through with a blockbuster, acquiring Mookie Betts and David Price from the Red Sox as part of a three-team, five-player deal that also included the Twins.

Dodgers Receive:

• RF Mookie Betts (from Red Sox)
• LHP David Price (from Red Sox)
• Cash Considerations (from Red Sox)

Red Sox Receive:

• OF Alex Verdugo (from Dodgers)
• RHP Brusdar Graterol (from Twins)

Twins Receive:

• RHP Kenta Maeda (from Dodgers)

Separately, the Dodgers cleared even more space in their outfield by trading Joc Pederson to the Angels for infielder Luis Rengifo, with other players possibly involved. Dan Szymborski will break down that deal on Wednesday.

Though he’ll quite possibly only be around for one year before testing free agency, the 27-year-old Betts fortifies an already robust lineup that led the NL in scoring (5.47 runs per game) and wRC+ (111) in 2019 while powering the Dodgers to a franchise-record 106 wins. The 2018 AL MVP will play alongside reigning NL MVP Cody Bellinger in a lineup that now boasts three of the majors’ 25 most valuable players by WAR from the past year (Max Muncy being the third); all three of those players rank among the top 11 hitters by wRC+ over the past two seasons. The Dodgers’ path to an eighth consecutive NL West title just became even easier, but this is about increasing their odds of getting back to the World Series, which they did in both 2017 and ’18, and finally winning one for the first time since 1988. Read the rest of this entry »

The Diamondbacks won 85 games last year despite getting very little production from their outfielders besides Ketel Marte. On Monday, they continued to address that issue by trading a pair of teenage prospects to the Pirates in exchange for two-time Gold Glove winner Starling Marte (no relation). The move gives the team the full-time center fielder it lacked in 2019, and allows them to protect their best player from overuse by returning him to second base — no small matter given that Ketel Marte ended his MVP-caliber season on the shelf due to a stress reaction in his back. The ensuing Marte Partay just might tear the roof off Chase Field, but whether the pair can provide similar production to what the team received from Ketel and Friends at the two positions is an open question.

Diamondbacks Receive

• OF Starling Marte
• $1.5 million

Pirates Receive

• RHP Brennan Malone
• SS Liover Peguero
• $250,000 in international pool money

The 30-year-old Marte — we’re talking about Starling for the time being — had been part of the Pirates’ organization since signing with them out of the Dominican Republic in 2007. He debuted in the majors in 2012, and was the last remaining Pirate from the ’13 squad that broke the franchise’s 20-year postseason drought by earning an NL Wild Card berth. He’s coming off a strong season with the bat, one in which he hit .295/.342/.503 for a 119 wRC+, with 23 homers and 25 steals in 31 attempts; his slugging percentage and home run total both set career highs, while his wRC+ was his best mark since 2016. Read the rest of this entry »

With Anthony Rendon now under contract in Anaheim, our depth charts project Angels position players for 30.0 WAR — fifth-best in the major leagues, and within a half-win of second place. Anaheim pitching, however, is projected for just 13.1 WAR (eighth-worst). No team projected to finish in the top half in WAR is expected to finish with so little of their total coming from their arms (the Twins, who’re projected for 14.9 pitching wins and 45.2 overall, are closest). Given that imbalance, it’s not entirely unexpected that the Angels would spend this latter part of their offseason trying to get arms wherever they can. This week, they got Matt Andriese in a trade with the Diamondbacks in exchange for minor league right-hander Jeremy Beasley.

Andriese, 30, has played in parts of the last five major-league seasons for the Rays and Diamondbacks but has yet to spend a full season at the major league level since making his professional debut in the San Diego system back in 2011. Last year, his first (and, as it turns out, only) season in Arizona, was also his first season pitching exclusively in relief. Andriese acquitted himself adequately in that role, posting an 85 FIP- and 107 ERA- over 70 2/3 innings, mostly ahead of Archie Bradley and Greg Holland. Perhaps most appealingly, he posted a 50.3% groundball rate in a season where the league average was just a touch below 43%. Read the rest of this entry »

Imagine, if you will, running the Rays. As you ponder your next fleecing acquisition, a lackey rushes in. “Sir! I’ve found a new undervalued talent to acquire!” Before you can even ask, he continues. “He’s on the Cardinals, and his name is Randy Ar–.”

“The Cardinals?!?” You thought you’d trained your lackeys better. “They probably won’t even take our phone calls. They hate us! They never forgave us for that time we sent them Revelation Cabrera.”

“Génesis, sir. And I’ve got that angle covered. We’ve been working on our player operations department, as you know. And Kean, the new recruit we released to bring us back information from other clubs? He already has a mole.”

Of course, this isn’t how major league front offices work. They all have each other on speed dial. They go to the same conferences, hire people back and forth, and value players using roughly similar frameworks. One bad trade isn’t enough to jam up the works; teams understand that baseball players have unknowable and variable outcomes, that sometimes Tommy Pham is a key cog and sometimes he hurts his hip.

I’m getting ahead of myself. Let’s talk details. Thursday night, the Rays sent Matthew Liberatore, Edgardo Rodriguez, and a Competitive Balance Round B pick to the Cardinals in exchange for Randy Arozarena, José Martínez, and a Competitive Balance Round A pick. That’s a lot of moving parts, so we’ll break them down one by one before talking about the overarching strategy behind it. Read the rest of this entry »

Since the start of the 2016 season, Corey Kluber has been baseball’s sixth-best pitcher by WAR. That’s despite making just seven starts last year. Even over the last three seasons, he’s still in the top 10 and just two years ago, his 5.5 WAR ranked eighth. One season lost to injury later, Corey Kluber’s trade value plummeted. Despite no strong trade offers, an indication of Kluber’s perceived low value around the league, Cleveland didn’t want to keep their former ace and dealt him for the best offer available to the Texas Rangers. Here’s the deal, as first reported by Ken Rosenthal.

Rangers Receive:

• RHP Corey Kluber

Indians Receive:

• RHP Emmanuel Clase
• OF Delino DeShields Jr.

To help frame Kluber’s talent as it stands right now, here are the righty’s ZiPS projections as supplied by Dan Szymborski:

Kluber will be 34 years old in April. Even before the 2019 season began, there were questions about his effectiveness. He posted that 5.5 WAR season is 2018, but his velocity and swinging strike dropped in 2019. His 2017 represented a career year, but going from a 34% strikeout rate that season to a 26% strikeout rate in 2018, along with slightly diminished velocity moving into his mid-30s, likely prevented Cleveland from trading him last offseason when no team was willing to blow them away. While it might have been reasonable to expect a slightly diminished Kluber in 2019, predicting he would be hit by a comebacker that would break his forearm is more of a fluke. An oblique injury during rehab meant that Kluber didn’t make it back to the majors, taking his on-field expectations and trade value to new lows.

If we were to look at Kluber’s value through the lens of the projections, the return for Kluber is light, but not unconscionably so. Emmanuel Clase is an exciting reliever. Ben Clemens wrote about him in August, after he threw this 101 mph cutter:

He is still just a reliever, though. He was graded as a 40+ FV player on our 2019 midseason update, and Eric Longenhagen told me he’ll probably be a 45 this offseason. Clase will be 22 years old in March and will be making the minimum salary through 2022. Generically, a prospect like Clase would be worth around $4 million or so in present value. Kluber’s projections minus his salary above provide a $16 million surplus in present value. We could be generous and assign Clase a bit of extra value for having already making the majors, making his success more likely, but we’ll probably still come up short relative to Kluber’s projected value.

There were reports that Cleveland had asked the Angels for Brandon Marsh, a 50 FV prospect who is in the top 100 on THE BOARD. Looking just through the prism of prospect surplus value, Marsh is too much to give up for Kluber based on Kluber’s expected performance. Cleveland perhaps should have gotten a little bit more objectively, but they were never going to get a haul dealing him this winter. Claiming Cleveland should have gotten more because Kluber’s trade value is high is question-begging. The question actually raised by this deal is if Kluber’s current trade value is so low, why on earth would Cleveland bother to deal him now? The answer likely isn’t a great one for Cleveland as an organization.

After consistently keeping payroll in the bottom quarter of major league teams for the early part of the decade, Cleveland jumped close to league average after making the World Series in 2016. Attendance rose by roughly 400,000 fans after the payroll increase and the team kept most of those gains in 2018 as payroll remained steady. Last offseason, the club dropped payroll by more than $20 million and failed to address glaring weaknesses in the outfield; attendance at Progressive Field dipped by 200,000 and Cleveland barely missed the playoffs. While the offseason isn’t complete, the team is down another $20 million-plus in payroll thus far.

What’s most bizarre about this Kluber trade is that if he weren’t already on Cleveland, the team would be an ideal landing spot for him. They are a small-market club with a good team trying to make the playoffs. Taking on a one-year commitment for $17.5 million and having an option for a second year at a similar cost for an ace one season removed from a very good season feels like a no-brainer. It’s a low-risk, high-reward deal that a team like Cleveland should be all over. Kluber might not pay dividends, but if he recaptures some of his prior form, it turns Cleveland from a good team into a great one. If he’s good, but Cleveland is not, then his trade value next season will be well above where it is right now. This deal says that either Cleveland has no faith in Kluber as a pitcher or that cutting payroll is more important than trying to win. Even if it is the former, there’s still arguably a chance that Kluber contributes next season. If it’s the latter, and last offseason fails to provide Cleveland with the benefit of the doubt, that’s just bad for baseball.

Of course, another ideal fit for Kluber is the Texas Rangers. Kluber’s salary goes up $1 million with the trade to $18.5 million, but that’s basically what Madison Bumgarner just received, except for five seasons. The team option is now a vesting one should Kluber get to 160 innings and doesn’t end the season on the injured list, though if that happens, the option would look like a good deal. The vesting option shouldn’t lower Kluber’s trade value as the innings requirement still serves to raise the floor of the deal by decreasing the chances of being stuck with two poor seasons. Texas isn’t good right now, but they have a rotation that doesn’t need Kluber, with Lance Lynn, Mike Minor, Kyle Gibson, and Jordan Lyles as their top four. They could have gotten another low-end starter and still had one of the better rotations in the game. That low-end starter might increase the team’s floor, but for a club trying to get back into contention in what should be a tough division, raising the ceiling might be more important.

The Rangers still have a lot of work to do on the position-player side, but they now have one of the 10-best pitching staffs in baseball. Giving up Clase and a near-replacement-level outfielder in Deshields is a hard move not to make. A lot of other teams might have been able to put together similar offers, but it is possible many systems, like the lower-level heavy Angels, just couldn’t match up with the 2020 value Cleveland was looking for. That helps explain why Texas might have been able to pull off this deal where other teams couldn’t, but it doesn’t do much to help understand why Cleveland made this deal at this time when Kluber’s value to them should have been much higher than what he returned in trade. What ended up being good for the Rangers also seems pretty bad for baseball.