Backup Backstop Bonanza: Caratini, Hedges Ink New Deals

Austin Hedges
Andrew Dieb-USA TODAY Sports

Many transactions were obscured by the Ohtani-mania of the past week, perhaps none more than the always unheralded glove-first catcher signings. No one represents this category better than Austin Hedges, who MLB.com’s sources say returned to Cleveland on a one-year, $4 million pact after departing for Pittsburgh last offseason and winning a World Series ring with Texas. Meanwhile, on Thursday, the Astros finalized their deal — a two-year, $12 million contract — with Victor Caratini, whose own defensive skills have taken a huge leap forward the past two seasons. Each will serve as a backup to an exciting young catcher, hopefully furthering their respective development trajectories in the process.

Let’s start with Hedges. At this point, what you see is what you get with the 31-year-old veteran. His framing was as good as ever this past season, saving his clubs an estimated 16.9 runs per our FRM metric, good for second best in the majors. It’s his fourth season saving at least 12.5 runs, though his 2023 total came in fewer innings than all but one of the rest of the top-ten framers (Jason Delay, who ranked eighth). Baseball Savant sees a similar halo sitting atop Hedges’ catcher’s mask, with sterling framing and blocking more than making up for a merely average arm. Neither Savant nor FRM has him as a below-average framer (save for a small-sample 2016) in any individual season, and Savant has never cast him as a below-average blocker. Read the rest of this entry »


Veteran Southpaws Smith, Chafin Return to Old Homes

Will Smith
Kevin Jairaj-USA TODAY Sports

The biggest domino of the offseason has fallen. Shohei Ohtani is the newest member of the Dodgers, and the discourse surrounding the unique nature of his contract could be enough to last the entire offseason. But for teams, the floodgates are now open to throw the money earmarked for Ohtani elsewhere.

Unfortunately, I don’t have Cody Bellinger or Yoshinobu Yamamoto news to report; it’s only been three days, after all. But the weekend did bring a couple more reliever signings, this time at least slightly more impactful than the wave of minor league and split contracts that characterized the early offseason.

Royals sign Will Smith to one-year, $5 million deal

Smith has been a solidly good, sometimes great reliever for a decade now, but his biggest claim to fame (aside from his name) is that he’s won rings in each of the past three World Series, each with a different club. His talents took him from Atlanta to Houston to Arlington, celebrating a championship in each city before promptly leaving for a new destination. His latest stop is a return home of sorts; Smith made his big league debut with the Royals back in 2012 as a starter, before being moved to the bullpen the next year and immediately taking off.

Smith has consistently found himself near the top of the league in strikeout rate thanks to his plus slider, which he threw nearly as much as his fastball before it was cool to do so. But he isn’t the pitcher he used to be before crossing the wrong side of 30, and his days as one of baseball’s premier late-inning arms are coming to an end. Read the rest of this entry »


Effectively Wild Episode 2097: How to Direct a Baseball Broadcast

EWFI
Ben Lindbergh and Meg Rowley banter about the implications of Shohei Ohtani’s unprecedentedly deferred contract structure, whether the Ohtani signing and Juan Soto trade portend MLB imbalance driven by the bursting cable bundle (21:42), whether the Dodgers will ever be bad again (28:06), media hang-wringing over Friday’s false reports (35:58), and the Tyler O’Neill trade (42:57). Then they talk to John DeMarsico, SNY Mets game director and cinephile, about how he’s applied his affinity for film to baseball, the behind-the-scenes mechanics and rhythms of baseball broadcasts, what makes baseball so tough to televise, innovative technology and techniques, showing more of exciting plays, copying and being copied, Gary, Keith, and Ron, the use of stats and graphics, baseball movies, and more (47:45).

Audio intro: Ted O., “Effectively Wild Theme
Audio outro: Josh Busman, “Effectively Wild Theme

Link to Fabian’s Ohtani report
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2024 ZiPS Projections: Miami Marlins

For the 20th consecutive season, the ZiPS projection system is unleashing a full set of prognostications. For more information on the ZiPS projections, please consult this year’s introduction and MLB’s glossary entry. The team order is selected by lot, and the next team up is the Miami Marlins.

Batters

While the Marlins’ lineup, 15th in the NL in runs scored in 2023, didn’t technically prevent them from making the playoffs, it would be dangerous to expect that happy circumstance to repeat in the future. Winning nine more games than your Pythagorean record is not something that can be counted on to continue; Miami had a good bullpen, but bullpen quality actually correlates poorly with one-run record or Pythagorean overperformance.

What this means is that the Marlins need to search for more offensive talent. Though the depth chart image has them safely above replacement at all positions, the offensive output just isn’t very exciting in most of those, with no one hitter on the roster projecting with even a 20% chance of a 140 OPS+. Luis Arraez is terrific, and you’ve got to love such a throwback, but he’ll be hard-pressed to better his .354/.393/.469 line. Just being extraordinarily lucky with the injuries probably doesn’t get the Marlins above 12th or so in the NL in runs scored, and they have to figure out how to replace Jorge Soler’s 2023 performance — which, again, still didn’t suffice to get them out of last place in runs scored in the NL. And none of the prospects who are good possibilities to provide oomph in the majors someday, like Joe Mack, Kemp Alderman, or Jacob Berry, are likely going to have any impact on the lineup this year. Read the rest of this entry »


Shohei Ohtani Is Getting Paid… Eventually

Eric Hartline-USA TODAY Sports

When Shohei Ohtani signed his record-setting contract on Saturday, the phrase “unprecedented deferrals” was at the forefront of the conversation. Not knowing how much “unprecedented” came out to in dollars and cents, we ran with a projection from Jon Becker based on the assumption that Ohtani would receive $400 million of his $700 million contract in deferred money.

At the time, that seemed like such a huge figure I struggled to believe it, even in the face of credible reports that at least half of Ohtani’s salary would be deferred. Surely it wasn’t possible to defer $400 million. But no, apparently the truth is even more incredible: Ohtani is taking a base salary of just $2 million a year, leaving $68 million to paid out, without interest, in each of the first 10 years after the contract ends. Read the rest of this entry »


Shohei Ohtani Is Deferring 97% of His Contract

Eric Hartline-USA TODAY Sports

By now, you’ve probably heard that Shohei Ohtani’s $700 million contract will pay him through 2043, with Ohtani deferring an unprecedented $680 million (over 97% of his contract). The structure calls for Ohtani to earn just $2 million each year of the contract, and then $68 million a year for the 10 years following the deal.

Ohtani will inarguably be taking home $700 million via this deal, and I disagree with the notion that the contract should be described as anything other than that big number from a bottom-line perspective. But what matters, especially with regards to the Competitive Balance Tax (CBT), is the present value of the contract.

Article XXIII of the CBA concerns the CBT, and the key component for determining payrolls for CBT purposes is the average annual value (AAV) of contracts. If Ohtani’s contract didn’t contain any deferrals, his AAV would be $70 million, calculated by simply dividing $700 million by the 10 years of his contract. Where things get complicated is with deferrals. When money is deferred in a contract, the value of that money depreciates over time, and it is the depreciated value of the contract that is used as the numerator, or replacement for the $700 million, in the AAV calculation. Ohtani’s deferrals will be paid without interest, which is key for depreciating the value of the payment; interest would have increased the present value of the contract, and as such, the AAV and corresponding CBT hit. Read the rest of this entry »


Blue Jays Prospect Dasan Brown Is Defensively Gifted

Nathan Ray Seebeck-USA TODAY Sports

Dasan Brown exudes energy, athleticism, and defensive acumen in the outfield. Drafted 88th overall in 2019 — two picks in front of Spencer Steer and 10 in front of Michael Harris II — the 22-year-old Oakville, Ontario, Canada native is coming off of a disappointing season with the stick. In 463 plate appearances with High-A Vancouver, the left-handed speedster slashed just .218/.309/.315 with seven home runs and a 74 wRC+. He did fare better in the Arizona Fall League; flashing more of his potential, he batted a solid .274 with a .342 OBP. Between the regular season and his Surprise Saguaros stint, he swiped 30 bags.

Brown, who is ranked 23rd on our 2024 Blue Jays list with a 40 FV, discussed his skill set following the AFL’s Fall Stars Game.

———

David Laurila: Defense is your strong suit. Is that accurate?

Dasan Brown: “Yeah. I mean, that’s what’s come most naturally to me. As a kid, I just wanted to go get baseballs. As I got older, I learned the skill part of it. I’ve gotten some good coaching here and there, but overall it’s just an instinct. It’s trusting myself out there. I kind of have fun with it. I see the ball up in the air and go get it.” Read the rest of this entry »


Toronto Blue Jays Top 31 Prospects

Eric Longenhagen

Below is an analysis of the prospects in the farm system of the Toronto Blue Jays. Scouting reports were compiled with information provided by industry sources as well as our own observations. This is the fourth year we’re delineating between two anticipated relief roles, the abbreviations for which you’ll see in the “position” column below: MIRP for multi-inning relief pitchers, and SIRP for single-inning relief pitchers. The ETAs listed generally correspond to the year a player has to be added to the 40-man roster to avoid being made eligible for the Rule 5 draft. Manual adjustments are made where they seem appropriate, but we use that as a rule of thumb.

A quick overview of what FV (Future Value) means can be found here. A much deeper overview can be found here.

All of the ranked prospects below also appear on The Board, a resource the site offers featuring sortable scouting information for every organization. It has more details (and updated TrackMan data from various sources) than this article and integrates every team’s list so readers can compare prospects across farm systems. It can be found here. Read the rest of this entry »


The Braves, Angels, and White Sox Play Contract Musical Chairs

David Fletcher
Gary A. Vasquez-USA TODAY Sports

Baseball trades are at their most interesting when they involve players with notable skill sets and teams with widely varying needs. Here, take my Luis Arraez, and I’ll take your Pablo López in return. Your Zac Gallen for my Jazz Chisholm. I suppose the Marlins are, in this way at least, my platonic ideal of a baseball team. But not all trades are like that. Some trades barely care about the skillsets of the players involved and instead depend to an annoying amount on their contracts. Take this one, a trade from last week’s Winter Meetings:

Mariners Get:

Braves Get:

Read the rest of this entry »


With Mookie Betts’ Move to Second, Dodgers Infield Risks Coming Up Short

Jayne Kamin-Oncea-USA TODAY Sports

Before the high-tide news of Shohei Ohtani’s free agency decision washed it away like a sandcastle on the beach, Dodgers manager Dave Roberts made some waves with his comments to the media during the Winter Meetings. While his breaking of the omerta regarding the team’s pursuit of Ohtani received most of the attention — in part because the rest of the narrative pickings out of Nashville were so slim — Roberts divulged the team’s plans regarding their middle infield situation by announcing that Mookie Betts would be a full-time second baseman in 2024. This came on the heels of GM Brandon Gomes stating that the Dodgers plan for former top prospect Gavin Lux to be their everyday shortstop.

Betts, who turned 31 on October 7, is fresh off an MVP-caliber season in which he set a career high with 39 homers, posted a 163 wRC+ (his highest since his 2018 AL MVP-wining campaign) and finished tied with Ronald Acuña Jr. for the major league lead with 8.3 WAR. Betts also split his time between right field, where he’s won six Gold Gloves (most recently in 2022) and the middle infield. His foray onto the dirt came about because Lux, whom the team planned to shift from second base to shortstop last year in the wake of Trea Turner’s departure, tore his right ACL in late February. Amid a winter of cost-cutting, Lux’s move to shortstop left second base in the hands of 23-year-old rookie Miguel Vargas, with Max Muncy moving to third base to replace the departed Justin Turner, and Chris Taylor in the outfield mix after Cody Bellinger was non-tendered. Lux’s injury left Taylor and light-hitting veteran Miguel Rojas the most viable shortstop options.

Betts mainly played second base in the minors, but in Boston he was blocked by Dustin Pedroia, hence the move to right field. Even filling in for Pedroia after he suffered a season-ending injury in 2014 (Betts’ abbreviated rookie campaign) and spotting there occasionally in subsequent years, he made just 30 major league appearances at the keystone before 2023, including 25 starts; he had seven of the former and five of the latter in both 2021 and ’22 with the Dodgers. In 2023, Roberts quickly put him into the mix, and the rejuvenation of Jason Heyward — whom the team signed to a minor-league deal after he was released by the Cubs with one year to go on his eight-year, $184 million contract — gave the Dodgers some additional flexibility. Read the rest of this entry »