Yankees Close to Signing Chase Headley

The news:

The crowd had estimated 4/$56M for Headley, while I guessed 4/$60M, so this looks like a win for the crowd. And, from my perspective, a win for the Yankees, since I thought Headley would be a bargain at more than he apparently signed for. Last week, I compared Headley to Jacoby Ellsbury, noting that Headley is essentially Ellsbury minus the baserunning abilities, and it seems unlikely that the value Ellsbury can create through that one aspect of the game should be the difference between $50 million and $150 million.

Of course, Tony Blengino has offered some less optimistic opinions about Headley’s future, and I’d suggest you read his piece from last week as well. We’ll have a full post up on the deal once the terms are known, but safe to say I’m going to be a fan of this one for New York.





Dave is the Managing Editor of FanGraphs.

29 Comments
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L. Scott
11 years ago

It amazes me how the Yankees have become a sinking ship that keeps plugging holes with 30 something players past their prime getting paid on what they did prior to becoming a Yankee. Not giving Cano the money crippled this offense. Maybe Martin Prado and Headley can still have peak years, but I wouldn’t count on it from anyone else in that lineup. It’s a weak lineup, easily the worst in the AL East.

L. Scott
11 years ago
Reply to  L. Scott

Ellsbury may have some peak seasons left as well, but every player in that lineup for the most part is well past their prime.

BillC
11 years ago
Reply to  L. Scott

Their problem is not failing to re-sign Cano, their problem is their farm system has failed to generate viable replacements. Nearly all FAs these days have mostly decline years ahead of them. IF your farm system fails to produce then you’re stuck with FAs who are declining.

As for the 2015 Yankees, this is a pretty competent defensive team – despite the age.

Carson Cyst-Stooly
11 years ago
Reply to  L. Scott

“It amazes me how the Yankees have become a sinking ship that keeps plugging holes with 30 something players past their prime getting paid on what they did prior to becoming a Yankee. Not giving Cano the money crippled this offense.”

These 2 sentences seem to contradict each other in a big way…

L. Scott
11 years ago

I meant they reward guys like Beltran, McCann, Ellsbury, now Headley, but they let Cano walk who built his value AS a Yankee, not elsewhere.

Chuck Burly
11 years ago
Reply to  L. Scott

So they should pay a premium because they performed as Yankees? Why?

BRH
11 years ago
Reply to  L. Scott

The Yankees offered Cano 7 years, $175 million. That isn’t exactly “letting him walk.”

KCDaveInLA
11 years ago
Reply to  L. Scott

I understand what you mean, and it’s the reason why I (begrudgingly) admire the Yankees. Even though they have a reputation for big free agent signings, it’s the homegrown players – Jeter, Bernie Williams, Mariano, etc. – that consistently won titles for the club. That said, I like the Headley signing for NY, it feels like a throwback to those kind of players the Yanks used to acquire, like Paul O’Neill or Scott Brosius. I think they’ve forgotten that their greatest success came from having several pretty good and consistent players on the same team, not just throwing guarenteed money (the great de-motivator) to the previous year’s All-Stars and expecting them duplicate their career years, every year.

Cool Lester Smooth
11 years ago
Reply to  L. Scott

Yeah, much as I love the Core Five (Bernie counts, dammit!), Paulie and Cone were great, great Yankees.

Steve
11 years ago
Reply to  L. Scott

You are spouting nonsense.

If Cano was willing to sign for $50M/4 like Headley, the Yankees would have signed him to two of those contracts.

He signed for $240M/10, that is why the Yankees let him leave.

Stop trying to draw a line between two unrelated points.

Bill
11 years ago
Reply to  L. Scott

They’re farm system continued to churn out good players throughout their most recent run, yet they haven’t had many recently. They need the Chase Headley’s and Prado’s just to fill holes.

Cool Lester Smooth
11 years ago
Reply to  L. Scott

Actually, paying Headley $13m a year is an bargain for the 2.8 WAR he was worth as a Yankee last season.

And that’s not even looking at the fact that they only had him for 60 games.

Wobatus
11 years ago

I was going to say, the guy has put up 7.2, 3.6 and 4.4 WAR the last 3 seasons. Even playing hurt and missing time. He’s projected for 3.9 WAR. He should go 4, 3.5, 3 and 2.5 over a 4 year deal. That’s 13 WAR. Even knock 3 WAR off that and he’d be worth $60 million even at the old 6 million per WAR prior to the current inflation. More likely he is worth way more than that.

Ima
11 years ago

Good thing that you trust the projection system when it favors the Yankees. It’s too bad for Red Sox fans that Sandoval is at best a 2 WAR player right now and will be replacement level in one year because of his weight.

Cool Lester Smooth
11 years ago
Reply to  Ima

When did I say he’s a 2 WAR player? He’s a 3 WAR player right now.

I just believe that he’s likely to continue to decline offensively and defensively, as he’s done in each of the last 4 years, going forward.

Cool Lester Smooth
11 years ago
Reply to  Ima

Also, you need to work on your reading comprehension. I didn’t mention a projection. I was talking about his stats from last year.

AC_Butcha_AC
11 years ago

Offtopic:

The WAR depth charts have a bug. In all craziness of the quadrillion trades and signigs someone seems to have forgotten to place Jimmy Rollins on the Dodgers.

LenardMember since 2016
11 years ago
Reply to  AC_Butcha_AC

I believe that is because the trade isn’t official yet, even if it’s considered a done deal.

Cool Lester Smooth
11 years ago

wRC+/WAR, 2011-2014:

Player A

121/2.3, 145/7.2, 114/3.6, 103/4.4

Player B

149/5.5, 118/2.6, 116/2.3, 111/3.0

Which line belongs to the man guaranteed 5/$95m, and which to the one guaranteed 4/$52m?

Ima
11 years ago

You have truly proven that you are not a Yankees homer.

Cool Lester Smooth
11 years ago
Reply to  Ima

What does this have to do with being a homer?

Please, refute me.

Don Baylor's knee
11 years ago

BMI+/Weight

Player A

180/245 *cough* bullshit *cough*

Player B

105/220

Cool Lester Smooth
11 years ago

Are you suggesting that unathletic players deadline more quickly than athletic ones do?!

HOMER ALERT!!!

Chris
11 years ago

With Headley off the board, how valuable did a 2.7 fWAR, 2nd year arbitration eligible third baseman just become?

BRH
11 years ago
Reply to  Chris

Luis Valbuena sucks.

Jerry
11 years ago

Contrary to popular opinion, the Yankees’ recent free agent signings, on the whole, haven’t been bad at all, with the exception of Beltran. Ellsbury is a little overpaid, but he also has a skillset that ages well, and the Yankees can afford a bit of an overpay now and then. McCann had a down year in 2014, but based on projections, remains a good value player going forward. Headley and Gardner were both great signings, as was choosing Miller over Robertson.

What’s hurting the Yankees are the three contracts they gave out in 08-09 to make a quick World Series run: Sabathia, A-Rod, and Tex. Those guys helped them grab that title, but the team is paying the price now. Very wise decision *not* to give Cano, and to a lesser extent Swisher, a similar type of deal. I’m not sure why they are being attacked for not giving Cano a 200 mil+ deal into his 40’s. That’s the exact type of deal the Yankees, and any team really, needs to avoid.

Cool Lester Smooth
11 years ago
Reply to  Jerry

The guy up top is a Yankees fan. Of course he’s attacking a smart short term deal and complaining about not making a dumb longterm deal.

It’s why we’re up there with Cowboys and Pats fans in the “worst fanbase in sports” conversation.

Shayce
11 years ago

Why would Headley give the Yankees a discount is what I’m wondering. There had to be another team willing to give him more.
They’re the friggin’ Yankees, make them pay you!
Recently I heard that they could roll out a 500 million $ payroll a year and still come out on top financially.

Steve
11 years ago
Reply to  Shayce

The rumor is that he really enjoyed playing in New York, and took less to be happier.

Seems crazy, I know.