Reasons to Be Wary of Carlos Pena
While there are still some intriguing pitchers left on the free agent market — Roy Oswalt chief among them — the free agent pool for hitters is rapidly drying up. Prince Fielder is still on the market, but outside of him, there is little offense to be found outside of a trade. Casey Kotchman, Derrek Lee, Johnny Damon, Vladimir Guerrero, Brad Hawpe — all these guys have some sort of offensive upside, but not much.
As a result of this dearth of offense, one player is beginning to get some attention on the rumor mill: Carlos Pena. Pena looks like the best remaining free agent option for teams looking to add offense (again, in the non-Prince-Fielder crowd), as he hit 28 home runs and posted a .354 wOBA last season with the Cubs. He may be getting older, but there’s still plenty of pop in his bat.
There was wide speculation that the Yankees could sign Pena to fill their hole at DH, but according to a recent report from Jon Heyman, it seems as though they may not have the payroll space to sign him. But there is still a wide number of teams interested in Pena: the Blue Jays, Brewers, Indians, Mariners, Nationals, Orioles, Pirates, Rangers, and Rays (according to MLBTR, at least).
Despite Pena being the best remaining hitter on the market, though, there are some reasons teams should be wary about guaranteeing him too much money: his BABIP, power production, and platoon splits.