The Dodgers’ Attempt to Beat the Market
Over the course of a few days during the winter meetings, it seemed like all that was happening was that free-agent relievers were signing multiyear contracts. And not just multiyear contracts — reasonably expensive multiyear contracts. Both Jake McGee and Bryan Shaw got three years. An incomplete selection of the relievers who got two: Brandon Morrow, Tommy Hunter, Juan Nicasio, Joe Smith, Anthony Swarzak, Steve Cishek, and Pat Neshek. These are all good pitchers. They deserve what they’ve gotten. But people are still relatively unaccustomed to seeing non-closers get $8 million a year. This is the bullpen age, indeed.
As the run on relievers was taking place, a common refrain was that teams were looking to sign the next Brandon Morrow, or the next Anthony Swarzak. Not that Morrow or Swarzak didn’t still get their money, but neither was considered valuable a year ago. They popped up, almost out of nowhere, and they became deadly weapons. So, teams figure, why wouldn’t there be other pop-up relievers? Why spend so much on a guy if you think you can find the next bullpen breakthrough?
Every team is looking for the next pop-up. It’s not easy to spot success before success. The Rangers think they have someone in Chris Martin, and I wrote about him, but he’s been terrific in Japan. It’s a different sort of gamble. Wily Peralta and Yovani Gallardo have signed with the Royals and Brewers, respectively, but they might still start. I don’t know if they’re necessarily considered the same kind of pop-up targets. This all leads me to Tom Koehler. I wanted to find a pitcher who’s been identified as a potential next Swarzak or Morrow. The Dodgers signed Koehler for $2 million, and if he hits all his incentives as a reliever, the salary tops out at $2.95 million. He’s under control for 2019, and the Dodgers see him in the bullpen.
Koehler, this past season, was bad. He had an ERA of almost 7. The bulk of his career has been spent as a starter, and there’s a perfectly good chance his 2018 goes off the rails. And yet the Dodgers think they might see something, something that could handle high-leverage situations. What is it the Dodgers are thinking? I’d like to give it my best guess.
