Trade talk: Roundup of Wednesday's rumors

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With Cliff Lee off to the Phillies, and Matt Holliday already making himself at home in St. Louis, the trade market has lost a bit of luster.

But there is still a lot going on out there as we march closer to Friday’s trade deadline. Let’s take a look at what’s going on:

ROY HALLADAY
The self-imposed deadline for the Blue Jays to trade ace Roy Halladay has passed, but that doesn’t mean someone might still pry him away. The Yankees, for their part, are watching with amusement, hoping Halladay won’t be waiting in Toronto next Tuesday when they travel north but certainly not wishing to see him in a Red Sox uniform, either. So what will happen with Halladay?

*The Yankees, reluctant to add to their bloated payroll, say they’re not an option.

*Halladay reportedly hasn’t ruled out waiving his no-trade clause to join the Rangers, but they seem to be a long shot, given their financial woes.

*The Dodgers have said they won’t deal anyone off their major league roster, but might be willing to part with Chad Billingsley.

*The Angels don’t want to break up their team for Halladay, despite the lobbying of John Lackey.

*With the Phillies most assuredly out of the running, that leaves the Red Sox as the likeliest option. They’ve been the most aggressive, and have reportedly made the best offer to date.

*… unless the Blue Jays keep him.

ELSEWHERE

*The Giants shored up their infield with the Pirates’ Freddy Sanchez.

*The Mariners dealt five players to the Pirates for Ian Snell and Jack Wilson.

*Staying busy, they also sent outfielder Wladimir Balentien to the Reds for pitcher Robert Manuel.

*Is Jarrod Washburn the next Mariner to go?

*The Red Sox might be after the Indians’ Victor Martinez and the Padres’ Adrian Gonzalez. Consider Martinez the more likely option. He’d be a nice upgrade over Jason Varitek.

*The Marlins are pushing hard for Padres closer Heath Bell.

*There is a lot of interest out there in Orioles closer George Sherrill.

*For the latest, check out our rumors page.

The Marlins have made a “monster offer” for Kenley Jansen

LOS ANGELES, CA - OCTOBER 18:  Kenley Jansen #74 of the Los Angeles Dodgers delivers a pitch against the Chicago Cubs in the eighth inning of game three of the National League Championship Series at Dodger Stadium on October 18, 2016 in Los Angeles, California.  (Photo by Sean M. Haffey/Getty Images)
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OXON HILL, MD — The morning after Aroldis Chapman signed for a record $86 million, the Miami Marlins are reported to have made similarly lucrative offer to the other top free agent closer, Kenley Jansen.

Jeff Passan of Yahoo says that the Marlins have made “a monster offer” of five years and more than $80 million to Jansen. This despite the fact that the club is coming off of a 79-win season and, tragically, lost their top pitcher Jose Fernandez in a fatal boating accident, which will substantially harm their competitive prospects. While it seems like a stretch to say that the Yankees will compete for a playoff spot, thereby making such an historically large investment in a closer a bit suspect, the Marlins doing so is even more questionable.

Meanwhile, the Nationals are said to be interested in Jansen as well, though Chelsea Janes of the Washington Post says the Nats are “uncomfortable” with the financial commitment signing him would require.

Jansen most recently pitched for the Dodgers and there have been no reports that they’re totally out on him, but there has been nothing to suggest that they are pushing hard for him either.

Jansen, 29, finished this past season with 47 saves, a 1.83 ERA, and a 104/11 K/BB ratio in 68.2 innings. That’s not quite Aroldis Chapman good, but he seems poised to collect something close to Aroldis Chapman money.

The Yankees are paying $86 million for a one-inning reliever

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OXON HILL, MD — The Yankees signing of Aroldis Chapman late Wednesday night came as something of a surprise. And the money — $86 million — was something of a shock. Yes, we knew that Chapman was going to break the bank and likely set a record as the highest paid relief pitcher in history, but seeing it in black and white like that is still rather jarring.

In the coming days, many people who attempt to analyze and contextualize this signing will do so by pointing to the 2016 playoffs and the unconventional use of relievers by Terry Francona and the Indians and Joe Maddon of the Cubs. They’ll talk about how the paradigm of bullpen use has shifted and how relief pitchers have taken on a new importance in today’s game. Chapman’s astronomical salary, therefore, will be described as somehow more reasonable and somewhat less shocking than it first seems.

Don’t buy that jive for a second.

Yes, Andrew Miller and, to some extent, Chapman himself were used unconventionally in the 2016 playoffs, but not long into the 2017 season we will see that as an exception, not the rule. And not just because Chapman showed himself unable to hold up to that level of use in the playoffs. It will be the exception because the Yankees have shown no inclination whatsoever to deviate from traditional bullpen usage in the past and there is no reason to expect that they will do so with Chapman in the future.

As you no doubt remember, the Yankees had Chapman, Dellin Betances and Andrew Miller for the first half of 2016. Such an imposing back end of a bullpen has rarely been seen in recent history. All of them, however, were used, more or less, as one-inning-a-piece guys and no real effort was ever made to break any bullpen usage paradigms or to shorten games the way many applauded Terry Francona for doing in the playoffs.

Miller pitched 44 games for the Yankees, totaling 45.1 innings. He pitched more than a single inning on only three occasions. Chapman pitched 31 games for the Yankees, amassing 31.1 innings. He was used for more than one inning only twice. Betances worked in 73 games, totaling 73 innings. On 11 occasions he pitched more than one inning.  It was unconventional for a team to have three relievers that good, but they were not, in any way, used unconventionally. Nor is there any reason to expect Chapman to be used unconventionally in 2017, especially given that Miller is not around and Chapman has shown no real ability to be stretched for multiple innings for a sustained period.

None of which is to say that having Chapman around is a bad thing or that he is any less of a closer than his reputation suggests. It’s merely to say that the Yankees paying Chapman unprecedented money for a closer should not be justified by the alleged new importance of relief pitchers or that changing role for them we heard so much about in the playoffs. Indeed, I suspect that that changing role applies only to pitcher use in the playoffs. And I do not suspect that this transaction alone pushes the Yankees into serious playoff contention, making that temporary unconventionality something of a moot point in New York for the foreseeable future.

It is almost certain that the Yankees are paying $86 million for the same one-inning closer Aroldis Chapman has been for his entire seven-year career. His contract may or may not prove to be a good one for New York based on how he performs, but don’t let anyone tell you now, in Decemeber 2016, that it’s better than you think because Chapman will somehow transform into a 1970s-style relief ace or something.