Carlos Correa Gets His Mega-Deal in San Francisco

Carlos Correa
Jay Biggerstaff-USA TODAY Sports

The Giants made a giant splash on Tuesday night, signing the top free agent remaining, Carlos Correa, to a 13-year contract worth $350 million. One of the biggest free agents last year as well, he took a three-year deal with the Twins worth $105.3 million, but with an opt-out clause that allowed him to hit the open market if a second crack at it seemed like a good idea. After a .291/.366/.467, 140 wRC+, 4.4 WAR season in Minnesota, and an offseason with more owners more willing to make it rain than any year in recent memory, Correa took his shot. It was a well-aimed one.

After Trea Turner got an 11-year, $300 million deal with the Phillies, and Xander Bogaerts landed $280 million from the Padres, it shouldn’t come as a surprise to see Correa comfortably clear the $300 million mark. While he didn’t have the best season of these three shortstops, he’s two years younger than Bogaerts and has a longer track record of success than the remaining elite shortstop, Dansby Swanson (and is a tiny bit younger). As I feel with the Turner or Bogaerts signing, this isn’t really a 13-year deal in a meaningful sense, and while the Giants will undoubtedly be overjoyed if Correa is still a star in 2035, that’s a long time from now. Spreading it out over 13 seasons allows his pre-benefit luxury tax number to be just under $27 million a year, something which seems like an unbelievable bargain right now. It’s technically a 25% pay cut from 2022!

ZiPS Projection – Carlos Correa
Year BA OBP SLG AB R H 2B 3B HR RBI BB SO SB OPS+ DR WAR
2023 .277 .356 .462 520 77 144 28 1 22 74 63 114 0 124 7 5.4
2024 .273 .354 .454 531 77 145 28 1 22 75 65 115 0 122 7 5.3
2025 .271 .353 .453 528 77 143 28 1 22 73 66 114 0 121 7 5.2
2026 .265 .347 .442 520 74 138 27 1 21 70 64 111 0 117 6 4.7
2027 .259 .342 .426 502 69 130 25 1 19 65 62 108 0 111 5 4.1
2028 .256 .338 .416 481 64 123 24 1 17 60 59 104 0 107 4 3.6
2029 .251 .333 .402 455 58 114 22 1 15 56 55 99 0 102 3 3.0
2030 .252 .333 .404 421 54 106 20 1 14 51 50 92 0 103 2 2.7
2031 .249 .331 .394 421 52 105 20 1 13 49 50 93 0 100 1 2.5
2032 .247 .328 .385 384 46 95 18 1 11 44 45 86 0 97 0 2.0
2033 .241 .320 .372 352 41 85 16 0 10 39 40 80 0 91 -1 1.4
2034 .238 .315 .359 315 35 75 14 0 8 33 35 72 0 86 -2 1.0
2035 .239 .316 .360 272 30 65 12 0 7 28 30 63 0 87 -2 0.8

2023 ZiPS Projection Percentiles Carlos Correa (592 PA)
Percentile 2B HR BA OBP SLG OPS+ WAR
95% 40 34 .324 .409 .569 160 8.0
90% 38 30 .313 .392 .541 152 7.4
80% 34 27 .303 .381 .516 142 6.7
70% 32 25 .292 .372 .496 137 6.3
60% 30 24 .285 .363 .476 130 5.8
50% 28 22 .277 .356 .462 124 5.4
40% 27 20 .269 .348 .447 118 5.0
30% 25 19 .259 .341 .434 111 4.4
20% 24 17 .251 .329 .416 106 4.1
10% 21 15 .237 .317 .396 96 3.3
5% 20 13 .221 .304 .374 90 2.7

Over 13 years, ZiPS actually guessed slightly less on this one, a departure from the big contracts signed this fall. ZiPS has seen enough in recent years to move to a piecewise function, valuing the first win at $5.26 million and subsequent wins at $9.33 million and a 3% yearly boost in both of those numbers. The percentage boost may seem miserly, but MLB’s salary growth has been short of inflation for a while and certainly way behind revenue growth, and helped by COVID, the average salary increased by only $70,000 between 2017 and 2021. MLB’s competitive tax threshold will remain a significant pain point, as will each number that puts a team into the next “tax bracket.” That first threshold barely budges over the life of the new CBA, only increasing 1.5% a year, from $230 million to $244 million.

In all, ZiPS projected a $382 million deal for Correa with the Giants, with $350 million getting you almost through the end of the 10th season of the contract (2032). The Twins apparently offered him a 10-year, $285 million agreement prior to his signing with the Giants; if Correa had an impeccable sense of timing, they displayed a rather poor one. Essentially, Minnesota was fighting the last war rather than the current one, offering a 2022 contract in 2023. Entering the 2022 season, the ZiPS projection for Correa with the Twins for 2023–32 amounted to $278.7 million.

How big a deal is Correa entering free agency at 28 rather than 30? A pretty big one. Below are the ZiPS projections for if I change his 2023 age.

ZiPS Projection – Correa 13-Year Deals by Age
Age Expected Deal ($M)
25 470.6
26 441.5
27 419.9
28 381.6
29 328.9
30 282.9
31 244.0
32 216.8

Yes, Correa hit the market a year older, but he also entered it with an additional essentially healthy season added to his résumé. During his age 22–24 seasons, a series of injuries resulted in him only being able to play in 294 out of a possible 486 games. For a player that young, it was an extremely concerning development. But he played in almost every game in the pandemic-shortened 2020 season and 148 games in 2021. He missed a handful more games in 2022, but these maladies were more of the freak variety: an injured finger from a ball hitting his hand twice in a May game against the Orioles, and a stay on the COVID-19 list.

The cumulative missed time had an obvious effect on his long-term projections, and after ranking second in projected rest-of-career WAR in ZiPS before 2017, he slipped out of the top 20 before the 2020 season. Correa now has a mean projection of 42.4 career WAR remaining. With it looking increasingly likely that Fernando Tatis Jr.’s days a shortstop are mostly over, that’s enough to give him a projection of the best eventual career WAR of any active shortstop, slightly edging out the Mets’ Francisco Lindor.

The Giants have been active in free agency this winter, signing Mitch Haniger, Sean Manaea, Joc Pederson, and Ross Stripling already. However, while all of these players can contribute a lot in an NL West race, none can reasonably claim the mantle of a star, let alone that of a franchise-leading talent. San Francisco previously tried to burn down the NL West with an Aaron Judge signing, but the Yankees swept in to keep their franchise slugger. Truth be told, I think Correa’s a better fit for the Giants. They arguably need a shortstop more than a star corner outfielder, and Oracle Park is noted for its cruelty to power hitters of all stripes. While Correa hits for power, too, he’s more of the gap-to-gap type than pure loft. I’m slightly bearish on the projected home run totals for Correa, but I think he’ll hit more doubles and triples into Triples Alley in deep right-center than ZiPS envisions.

There’s unlikely to be any position controversy, even with Brandon Crawford signed for another season. While I wouldn’t anoint Crawford the best shortstop in Giants history — that plaudit better fits Travis Jackson or George Davis — he’s almost certainly the most valuable one for the franchise since Horace Stoneham hired the moving trucks in 1958. But Crawdaddy turns 36 next month and came back down to Earth after a fantastic 2021 season. Even more importantly, he’s in a contract year, and when Correa finishes his time in San Francisco, Crawford will probably have been retired for a decade. He’s still a fine defensive shortstop and ought to be a compelling replacement at third base over Evan Longoria and Wilmer Flores.

Losing Correa no doubt has to be disappointing for the Twins, but if they were willing to spend $285 million on him, there are other players out there. $285 million might land you Swanson and Carlos Rodón, and if not, at least the vast majority of their salaries. The AL Central is up for grabs, and that kind of investment may make a bigger difference there than any other division in baseball. It would be a shame if the Twins simply put that cash back in their pockets.

After seeing 36 wins evaporate from 2021 to 2022 and with the Dodgers and Padres looking like first-tier contenders, the Giants had a choice either to go big or to accept their lot as NL West underdogs. They went big, giving out the largest payday, by far, in team history. While the Giants have given out big extensions before, they only signed a single free agent to a $100 million dollar contract between Barry Zito and now (Johnny Cueto). The NL West just got a lot more exciting.


Giants Sign Ross Stripling, Because You Can Never Get Too Much Rotation Depth

© John E. Sokolowski-USA TODAY Sports

What’s your dream car? Probably something fast and attention-grabbing, like a Ferrari. Or maybe you want some unusual but beautiful Italian or Japanese classic, so people know you know your stuff. Or maybe a Rolls-Royce, so you can drive around in isolated opulence like the god of luxury millionaires pray to.

Of course, you don’t actually want any of those cars in real life. You couldn’t afford to maintain them. You’d be too nervous to drive them in traffic or park them at the supermarket, lest the paint get damaged. To borrow a line from The Love Bug — which in addition to being one of the great sports films, is a classic San Francisco film — what you want is “cheap, honest transportation.”

The Giants know this. They’ve chased the odd Ferrari, and after losing out on Aaron Judge they’ve finally caught one in Carlos Correa. But their pursuit of pitchers has been more practical. They’ve watched Carlos Rodón walk away (at least for the time being). Instead, they’ve assembled a garage of useful starting pitchers, first by signing Sean Manaea on Sunday, then two days later inking right-hander Ross Stripling to the same contract: two years, $25 million, with an opt-out after this season. Read the rest of this entry »


2023 ZiPS Projections: Oakland Athletics

For the 18th 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 next up is the Oakland Athletics.

Batters

Are the A’s the most boring organization in baseball? There are other teams that are in the basement, but the Rockies do outright nuttier things, the Pirates always have a highly interesting player or two, the Tigers bring in the occasional big-name free agent, and the Reds have a few compelling pitchers. Looking around the diamond, the A’s are safely above replacement level nearly everywhere, but outside of a few players, such as Esteury Ruiz, it doesn’t feel like there’s any upside scenario compelling enough to cancel out all of the bland, featureless gray. Not to pick on Jace Peterson, but he feels like a pickup emblematic of this team: he’s cheap and he’s been useful at times, but no matter what happens, he’s likely to just be the Jace Peterson we know. Read the rest of this entry »


Effectively Wild Episode 1941: The Biggest of Payrolls, the Smallest of Payrolls

EWFI
Ben Lindbergh and Meg Rowley discuss the two teams at the top and bottom, respectively, of the MLB payroll hierarchy, the New York Mets and Oakland Athletics, touching on the Mets’ signings of Brandon Nimmo, Kodai Senga, and David Robertson, the A’s trading away Sean Murphy, and what a vast disparity in spending does and doesn’t signify for MLB’s competitive balance. They also banter about the other teams’ ends of that three-team trade, the state of the NL East, the Giants’ starting-pitcher signings, a reported Padres offer, the Blue Jays’ and Twins’ latest additions, Munetaka Murakami news, and more, plus a Past Blast from 1941.

Audio intro: Billy Joel, “Last of the Big Time Spenders
Audio outro: Sex Bob-Omb, “Threshold

Link to Patrick Dubuque on Cohen
Link to Longenhagen on Senga
Link to Baumann on Mets spending
Link to Rosenthal on owners
Link to Rosenthal on Murphy
Link to Baumann on Murphy
Link to Law on Murphy
Link to Petriello on Murphy
Link to FG payroll page
Link to team catcher WAR
Link to SP depth charts
Link to 2005 team payrolls
Link to FG post on Manaea
Link to FG post on Bassitt
Link to FG on Vázquez/Zunino
Link to Marlins article
Link to Padres report
Link to Kovalchuk article
Link to Murakami news
Link to Ben’s SNL oral history
Link to 1941 story source
Link to Lefty Grove bio
Link to Jacob Pomrenke’s website
Link to Jacob Pomrenke on Twitter
Link to Secret Santa sign-up sheet
Link to Secret Santa FB thread
Link to share of team Ks sheet

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Vázquez, Zunino Find New Homes Behind the Plate in the AL Central

Christian Vazquez
James A. Pittman-USA TODAY Sports

Catching is the most taxing position in baseball. Day in and day out, it grinds on the players who attempt it. Catchers almost never play a full season, because it’s just plain harder to catch two days in a row than play the field on those days. Mathematically, that means fewer stars, because catchers have fewer plate appearances to excel in. That warps the market for free-agent catchers; in a given year, there might be only one or two full-time starters available at the position.

If you’re a team looking for a catcher, that puts you in a bind. This year’s market is a great example; I can name plenty of teams that “needed a catcher” coming into this offseason, but there were only two at the top of the market, and that’s if you count Sean Murphy, whom the A’s traded to Atlanta on Monday. Short of that, Willson Contreras was at the top by himself, and the Cardinals signed him earlier this month. That means the other teams who “needed a catcher” had to look a tier down. Speaking of which: the Twins signed Christian Vázquez to a three-year deal worth $30 million. Not long after, the Guardians signed Mike Zunino to a one-year deal for $6 million. Read the rest of this entry »


JAWS and the 2023 Hall of Fame Ballot: Andy Pettitte

© Troy Taormina-USA TODAY Sports

The following article is part of Jay Jaffe’s ongoing look at the candidates on the BBWAA 2023 Hall of Fame ballot. Originally written for the 2019 election, it has been updated to reflect recent voting results as well as additional research. For a detailed introduction to this year’s ballot, and other candidates in the series, use the tool above; an introduction to JAWS can be found here. For a tentative schedule and a chance to fill out a Hall of Fame ballot for our crowdsourcing project, see here. All WAR figures refer to the Baseball-Reference version unless otherwise indicated.

As much as Derek Jeter, Jorge Posada, Mariano Rivera, and Bernie Williams, Andy Pettitte was a pillar of the Joe Torre-era Yankees dynasty. The tall Texan lefty played such a vital role on 13 pinstriped playoff teams and seven pennant winners — plus another trip to the World Series during his three-year run with Houston — that he holds several major postseason records. In fact, no pitcher ever started more potential series clinchers, both in the World Series and the postseason as a whole.

For as important as Pettitte was to the “Core Four” (Williams always gets the short end of the stick on that one) that anchored five championships from 1996 to 2009 — and to an Astros team that reached its first World Series in ’05 — he seldom made a case as one of the game’s top pitchers. High win totals driven by excellent offensive support helped him finish in the top five of his leagues’ Cy Young voting four times, but only three times did he place among the top 10 in ERA or WAR, and he never ranked higher than sixth in strikeouts. He made just three All-Star teams.

Indeed, Pettitte was more plow horse than racehorse. A sinker- and cutter-driven groundballer whose pickoff move was legendary, he was a championship-level innings-eater, a grinder rather than a dominator, a pitcher whose strong work ethic, mental preparation, and focus — visually exemplified by his peering in for the sign from the catcher with eyes barely visible underneath the brim of his cap — compensated for his lack of dazzling stuff. Ten times he made at least 32 starts, a mark that’s tied for seventh in the post-1994 strike era. Within that span, his total of 10 200-inning seasons is tied for third, and his 13 seasons of qualifying for the ERA title with an ERA+ of 100 or better is tied for first with two other lefties, Mark Buehrle (also on this ballot) and CC Sabathia. He had his ups and downs in the postseason, but only once during his 18-year career (2004, when he underwent season-ending elbow surgery) was he unavailable to pitch once his team made the playoffs. Read the rest of this entry »


Nick Lodolo Had a Potentially Defining Moment

Nick Lodolo
Benny Sieu-USA TODAY Sports

Rarely can we point to an exact moment in time that turned us into who we are today. Our current selves are a culmination of all the experiences we’ve had since birth, good or bad, and their immediate and enduring effects. Motivational speakers claim to recall pivotal, life-altering instances with vivid detail, but not everyone has a story dramatic enough to earn themselves a personal soapbox.

The same goes for baseball players. There is no single game, inning, or plate appearance that molded Mike Trout into the comically talented slugger he is now. One day he was a modest teenager from New Jersey, and seemingly the next a generational hitter. In reality, thousands upon thousands of moments are scattered in between, but you can’t just walk up to one of them, isolate it, and declare it “the game Mike Trout became Mike Trout.”

Which is sort of what I’m going to do with Nick Lodolo.

Don’t get me wrong; I won’t spend the entire article trying to prove that, yes, this is when Lodolo took the next step. In fact, I have no idea if it’s something he’ll even hold onto. Young pitchers tinker with their approaches and repertoires all the time, and what I’m about to describe might be one of many fleeting changes. But there’s a good chance it’s significant. Lodolo, after this vaguely worded moment, became a noticeably better version of himself. And I don’t think the ways in which he improved came together on a whim; they make too much sense. Read the rest of this entry »


Update to The Board: KBO Prospects

© Yukihito Taguchi-USA TODAY Sports

The start of a new prospect list cycle provides a nice, natural time for a sweeping update of my analysis around the international prospects I think readers should know about. Some international pros have already inked free agent deals this offseason, while others have created great anticipation for an eventual move to MLB. In a month, a new class of international amateur players will begin to sign. This week, the International Players tab on The Board will be updated with new scouting reports and information concerning the various segments of the international player population, largely surrounding pro players in Asia and the contingent of teenagers mostly from Latin America who will sign in January. We’re going to publish these in batches throughout the week, with a focus on KBO players today, Japanese players thereafter, and international amateurs at the end of the week. Because they’ve already signed, we’ve also pushed info on Japanese pros Masataka Yoshida and Kodai Senga to The Board; the write-ups you’ll find there are my evaluations, and they each have their own transaction analysis article up at the site as well (I wrote Senga’s, while Justin Choi penned Yoshida’s).

This market is important because players coming to the U.S. from Asian leagues, including many whose pro careers began as MLB minor leaguers, often make an impact on big league contending teams. Chris Flexen 플렉센, Miles Mikolas, Brooks Raley 레일리, Yusei Kikuchi, Yu Darvish, Robert Suarez, Nick Martinez, Ha-Seong Kim 김하성, Pierce Johnson, Darin Ruf 러프, and Joely Rodríguez all either got their starts or made a stop in a top Asian pro league, and all were on an MLB playoff roster this season. The data generated by these leagues and warehoused online (including KBO stats here at FanGraphs), combined with my access to video analysis tools like Synergy Sports, and some time spent on the phone with baseball ops and scouting folks who cover (or are part of) international teams, means I can give readers a lay of the land in this space. Read the rest of this entry »


Sean Manaea Returns to the Bay, Signs With Giants

© Kyle Ross-USA TODAY Sports

It’s been a relatively quiet offseason for the San Francisco Giants, who signed outfielder Mitch Haniger but have come up empty on bigger names including Trea Turner, Kodai Senga, and, most notably, Aaron Judge. On Sunday, though, they got back in action, inking a deal with left-handed pitcher Sean Manaea for two years and $25 million, with an opt-out after 2023.

At age 30, Manaea tested the open market as a free agent for the first time in his career. In 885 career innings, he has almost defined what it means to be a league-average pitcher, with a 4.07 ERA (99 ERA-) and 4.06 FIP (98 FIP-). While he’s made 30 starts in a season just once and missed almost the entire 2019 season with injury, he’s been consistently available throughout his career and has averaged over 5.5 innings per start, well above average in today’s game. While Manaea had a very good 2021 season, during which he set a career high in strikeouts while walking a minuscule 5.4% of batters and posting an 88 FIP-, his performance largely regressed after being traded to the Padres just before Opening Day this year. His strikeout rate fell, his walk rate went from elite to average, and his home run rate spiked, leading to a career-worst 4.96 ERA even in a lowered offensive environment.

So what caused this significant regression in performance? First, let’s examine Manaea’s pitch mix. The bread and butter of his arsenal is a low-90s sinker that he throws over 60% of the time, but its true shape lies somewhere between that of a sinker and a four-seam fastball. In 2022, the pitch had 2.4 fewer inches of drop than other sinkers thrown in the same velocity band, with about an inch less horizontal run. Read the rest of this entry »


Cardinals Prospect Masyn Winn Could Have Been a Pitcher (Or a Two-Way Player)

Masyn Winn
Jayne Kamin-Oncea-USA TODAY Sports

Masyn Winn has a high ceiling as a position player. Rated the best athlete in the St. Louis system by Baseball America, the 20-year-old shortstop is No. 2 in our Cardinals prospects rankings and No. 55 in our Top 100. Drafted 54th overall in 2020 out of Kingwood (Tex.) High School, Winn is coming off of a season where he slashed .283/.364/.468 with 12 home runs and 43 stolen bases between High-A Peoria and Double-A Springfield. His summer included an appearance in the 2022 All-Star Futures Game.

He could very well be a pitcher… or a two-way player. As our lead prospect evaluator Eric Longenhagen explained back in July, Winn “was a two-way amateur with huge arm strength,” and while no one was projecting him as the next Shohei Ohtani — a unicorn, he’s not — there is no denying his unique skillset. Winn had a throw from shortstop clocked at 100.5 mph during the Futures Game.

Winn discussed his pitching background and the possibility of him one day returning to the mound during his October/November stint in the Arizona Fall League.

———

David Laurila: I’m especially interested in your positional background. Why are you an infielder now, and not a pitcher?

Masyn Winn: “I’m not a pitcher because the Cardinals and I decided that’s the easier route to go. Hitting… I mean, it’s a lot easier to pick the glove back up and go back on the mound than it is to pick a bat back up. In our thought process, if I make it as a hitter, that’s fantastic. If not, I’ll just fall back to pitching. I think that’s a good plan because of how hard hitting is. Taking a couple years off and then trying to go back to it would be a little tough.”

Laurila: When was the decision made?

Winn: “I ended up throwing one inning at the end of last year. We were going to do a throwing program the last six weeks or so, but I ended up tweaking my arm a little bit, so during the offseason we decided to shut it down and just focus on hitting.” Read the rest of this entry »