Archive for jose altuve

Unless another major deal comes out in the next few weeks, the Houston Astros have signed Jose Altuve to the biggest contract of the winter. The deal is notable for several reasons.

1. Under his previous contract, Jose Altuve would not reach free agency for another two years, after the 2019 season.
2. Jose Altuve’s agent is Scott Boras, and he has long been loathe to give away any free-agent years ahead of free agency.

As Travis Sawchik noted last night, Altuve will reportedly sign for five years and $151 million, and the contract will begin after Altuve’s current contract runs out. Altuve will earn just $12.5 million over the next two seasons in one of the biggest bargain contracts baseball has ever seen. While he wasn’t all that good when the Astros signed him back in 2013, Altuve has been one of the best players in baseball since 2014, with his 24 wins third to only Mike Trout and Josh Donaldson among position players in that span. Altuve just finished off a fantastic MVP season for the World Series champions, and historically, he’s on one of the better runs for a second baseman in history. The table below shows second baseman since 1947 through their age-27 seasons.

Five of the 11 non-Altuve players on that list are in the Hall of Fame. Grich and Whitaker, meanwhile, represent some of the biggest snubs of the last half-century, while Pedroia remains active still building a case.

When the Twins signed Logan Morrison to a deal for $6.5 million, most agreed it was a bargain. By comparison, the Astros have the reigning MVP locked up for that price in his prime for the next two seasons. That leads to obvious questions regarding the Astros’ motivation here. Why sign a player to an extension before it is necessary? Anyone who remembers the Ryan Howard contract, for example, might look at this extension and wonder if it’s simply a gift from the Houston front office.

This is not a gift, though. It’s a fair deal.

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Jose Altuve is a conventional contender for the MVP award, but at the same time, he really isn’t. As the best player on the best team in the American League — by a fairly large margin — Altuve checks off the two biggest boxes some voters use when filling out the ballot. He’s also a bit non-traditional, as he doesn’t hit a whole lot of homers or drive a ton of runners in. While he doesn’t have the typical power numbers of an MVP-winner, his overall line and overall value are immense, and he just pulled off one of the best hitting months of the last half-decade.

In the month of July, Jose Altuve hit .485/.523/.727, good for a wRC+ of 242, highest for any player in a month this season with a minimum of 80 plate appearances. Since 2002, the only player with a higher batting average in a month was Ivan Rodriguez, who hit .500 back in June of 2004.

We know that batting average has its flaws, and it might seem disappointing to find out Altuve’s .523 OBP only ranks 36th in any month since 2002. However, 13 of those months are courtesy of Barry Bonds. When we look at Altuve’s overall hitting numbers and account for park and era, that 242 wRC+ ranks 23rd, with Barry Bonds taking the top four slots and one more in the top-15. Since 2012, here are the best 11 months by a hitter:

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Earlier this week, Salvador Perez and the Kansas City Royals agreed on a second contract extension. In terms of financial need or justification for the Royals, there weren’t any compelling reasons for the Royals to sign Perez to another extension when his previous contract kept Perez under control through the 2019 season. Even with no extensions, Perez would not have been a free agent until after this season. In his analysis of the deal, Jeff Sullivan focused on the human element of the deal and being fair to Perez. Ken Rosenthal wondered if this would start a trend and named a few other players who might benefit from teams deciding to be a bit more fair. Perez is certainly not the first player to sign a very team-friendly deal, but he is also not the first player to be awarded a second deal despite having a number of years still left on his first contract.

In Rosenthal’s piece, he acknowledges that Perez was a “special case,” noting that the Royals catcher had recorded just 158 plate appearances at the time he signed the contract. That lack of experience led to a very low guarantee and the three team options that would have prevented Perez from reaching free agency for another four seasons. While acknowledging both the lack of need and the recognition of fairness, Rosenthal suggested six other players who might fit the same bill as Perez, although perhaps on a smaller scale given their larger guarantees: Paul Goldschmidt, Anthony Rizzo, Jose Altuve, Chris Sale, Madison Bumgarner and Chris Archer.

On the whole, these types of extensions save massive amounts of money for teams, but we can take a look at the contracts Rosenthal discusses and compare them to Perez’s to see if they are actually close. The first few columns of the table below should be self-explanatory, but the last column, FA Surplus Value, might not be. To calculate the surplus value, I took current projections, applied standard aging curves, set the cost of a win at $8 million for this year along with 5% increases in years thereafter and compared the value of the projected production to the cost for free agent years only. For the players below, their arbitration salaries have also been at a discount, so if you want to include those values, feel free to add on another 20% or so (whichever number you feel like) to capture that discount as well.

Rosenthal did a very good job identifying the super-team-friendly contracts. Perez falls right in the middle of those contracts in terms of surplus value, but what makes his case different is the very low salary-level in relation to the other players — this, even if his options had been picked up. The top-four players on that list are massive bargains, but at least they will be paid around $10 million or more per year — double that of Perez. Altuve is in nearly the same boat as Perez in terms of salary, but he gave up just two years of free agency, which limits the surplus value.

Looking back through MLB Trade Rumors’ extension tracker, I identified players who were locked up to a second extension while still possessing multiple years on their first one. The idea: to find some sort of precedent for the Perez contract, or perhaps something closer to the situations of Sale, Bumgarner, Goldschmidt and Rizzo. Certain names come to mind immediately when considering players who’ve received a second extension while still playing on the first. Miguel Cabrera, for example. And Ryan Howard. These are classic cases of a team mistakenly extending players before they’d have to, but neither case is really similar to Perez’.

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Over the last calendar year, there are 139 qualified major-league hitters. Prorating their plate appearances to 600 per person, one finds that Mike Trout has the highest WAR at 7.2, followed by Russell Martin, Buster Posey, and Anthony Rizzo. None of that should come as much of a surprise, but the hitter right behind that group and just ahead of Josh Donaldson, Andrew McCutchen and Bryce Harper could provide a bit of shock. Over the last calendar year, Kevin Kiermaier has been worth six wins per 600 plate appearances.

Kiermaier, who has worked to improve his offense, is incredibly reliant on his fantastic defense for his great WAR numbers. While Kiermaier is a valuable player, it is possible that his WAR total is inflated by defensive numbers that are likely to come down over time. Kiermaier has logged roughly 1200 innings in the outfield and has a UZR/150 of 42.1, but only six active outfielders with at least 2,500 innings have a UZR/150 greater than 15, with Lorenzo Cain, Ben Zobrist, Peter Bourjos, Brett Gardner, Josh Reddick, and Jason Heyward falling between 16 and 22 — that is, roughly half Kiermaier’s current rate. Although he’s been good, Kiermaier is probably not the fifth-best player in baseball over the last year, and his defensive numbers should serve as a reminder that defensive statistics take some time before they become reliable.

Yesterday, I covered some players whose current WAR was potentially undervalued due to lower than normal defensive numbers in an article titled Heyward, Pedroia, and Your Annual Reminder About Defense. The present article renders yesterday’s title false as the articles together are now daily reminders, but this post should be the final one in this series with few, if any, more reminders coming in the near future. The caveat regarding small sample size from Mitchel Lichtman and our FanGraphs library is quoted more fully in yesterday’s piece, but to summarize: use three seasons of UZR when being conclusory about the defensive talent of any given player.

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Every year the dreaded sophomore curse rears its ugly head. Not even star shorstop Troy Tulowitzki of the Colorado Rockies was immune from its influence. His sophomore season was the only time in his five-year career that he dipped below 5.6 Wins Above Replacement (WAR) – and it was a big dip to 0.9 WAR.

With the 2012 Major League Baseball season about to begin there is understandably a lot of excitement over some of the 2011 rookies who appear poised for a true breakout year. Let’s try and sift through some of the names and see who might be in for a big year and who might be in for a big… disappointment.

Henderson Alvarez, RHP, Toronto: I have to admit that I thought Toronto was crazy for calling up Alvarez when they did in 2011 but he did not implode as expected. The 21-year-old hurler made a successful jump to the Majors with just 88.0 innings of experience above A-ball thanks to a fastball that can tickle the upper 90s while inducing a plethora of ground balls. Alvarez survived his first tour of duty in The Show with basically a two-pitch mix (fastball/changeup) and he’s working hard to improve his slider. If he can get the third pitch working, while also improve upon his command within the strike zone, Alvarez could see a big jump in his strikeout rate.

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