FG on Fox: The Risks and Rewards of Holding Cole Hamels

Let’s begin with what I hope will be uncontroversial statements. The Phillies, at present, are a bad baseball team. Arguably the worst baseball team, as long as we’re only talking about 2015. The farm system’s improving, but the big-league roster’s declining, and while every year there are teams that surprise, I’d be surprised if the Phillies won 75 games. It’s not going to be pretty, and even the most optimistic fans are wondering if contention might be feasible three years from now. Rebuilds suck. Just how they are.

And the Phillies have Cole Hamels, who is good. He’s actually been very good, for a very long time, and he’s not old. His remaining contract terms are reasonable, in that, if Hamels were available for just his contract, every team that could afford him would place a call. A trade market for Cole Hamels does exist. Just because nothing has happened doesn’t mean there aren’t teams who would like for something to happen.

Yet, increasingly, it looks like the Phillies won’t be moving Hamels this winter. One point of evidence: the Phillies haven’t yet moved Hamels this winter. Another point of evidence: the Phillies, reportedly, are sticking to their high demands, leading to this quote in a post by Rob Bradford:

According to a source familiar with the Phillies’ thinking on the matter, Philadelphia GM Ruben Amaro and his club have been “unrealistic in their expectations” in regard to a return on Hamels.

As they say, situations are fluid. Hamels could, in theory, get dealt any minute. Some team might become unusually desperate. Maybe a team that feels like it’s on the outside with Max Scherzer and James Shields. Amaro, certainly, is selling Hamels as a rare ace you could get today. But, there would be a lot of ground to make up if Hamels were to get traded before spring training. Negotiations with different teams have been described as a staredown. It’s becoming increasingly likely that the Phillies will hang on to Hamels, putting him back on the market in July. After all, there’s no deadline by which the Phillies have to bid Hamels farewell. They could even potentially keep him through the end of his career, given his status, talent, and popularity. The Phillies never have to trade Cole Hamels, which is allowing them to be patient.

That patience has upsides and downsides. For the sake of this article, I would like to set aside matters of marketing and fan morale. I simply want to talk about Cole Hamels’ trade value. The Phillies have determined, so far, no one has offered enough for their ace. So they disagree with where Hamels’ trade value has been in the offseason. But what would happen to Hamels’ value if he were to be available in July? Might the Phillies then be better able to recover the haul they’ve been seeking?

Read the rest on Just a Bit Outside.