The Pros and Cons of Trading Draft Picks

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Thumbnail image for stephen strasburg jersey.jpgDay two of MLB.com’s “Fixing the Draft” series deals with something for which just about everybody has advocated in some fashion in recent years: trading draft picks.

While the article is set up as a pro-con piece, the pros get about 90% of the space, with the only real cons cited being that (a) a team may just decide to punt the draft over time out of cheapness, thus depriving it of the one tool it has at its disposal to replenish its talent base; and (b) the rich teams will consistently trade for the top picks, allowing them to monopolize the amateur draft.

But these aren’t real dangers. For starters, as Keith Law pointed out in his comprehensive analysis of trading picks last summer (sorry, Insider only), teams are contractually obligated to field short-season clubs and they need bodies to fill roster spots in the low minors, so it’s not like anyone is going to punt their whole draft. As for trading away early round picks: teams can already do that via free-agent signings and do so all the time. The smart teams will keep early picks when it makes sense and trade them when they’re being overwhelmed with good offers from other teams. It’s a self-policing process for all but the truly moronic teams out there, and they were beyond help anyway.

And no, those overwhelming offers from the Yankees of the world won’t begin to dominate the draft. Why? There always has been and always will be a huge number of draft busts. That’s just how baseball works: the talent is so far from the majors when it’s selected, the odds of even the highest picks turning into major league studs is pretty damn low.

If the Yankees trade stuff to pick high in the draft enough times, they’re going to
experience diminishing returns, taking two or three guys like Matt Bush for every Stephen Strasburg (and Strasburg could be a bust too — we don’t know yet).  When this happens, eventually the Yankees are going to stop
trading so much and so often for these picks. Indeed, because the Yankees are smart, they’ll realize this from the beginning and won’t have to learn the hard way.

Ultimately I can see very little downside to the trading of picks. It gives teams flexibility. It would stir up more excitement in the draft itself. Moreover, it would likely have some depressive effects on draft bonuses due to the fact that top players may not demand huge bonuses to scare away the undesirable franchises from selecting them.

Upshot: I can see the players agreeing to this change in the 2011 CBA, and I think it will happen.

Report: Blue Jays and Marco Estrada nearing agreement on contract extension

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Jon Morosi reports that the Blue Jays and starter Marco Estrada are nearing an agreement on a contract extension. The deal is expected to be for one guaranteed year, Morosi adds.

Estrada, 34, was set to become a free agent after the season. He earned $26 million on a two-year contract signed with the Jays in November 2015. While the right-hander has a subpar 4.84 ERA on the season, he has a solid 170/67 K/BB ratio in 176 2/3 innings and has looked much better since the end of July. Between July 31 and his most recent start on Saturday, Estrada owns a 3.75 ERA.

J.A. Happ is the only other starter technically under contract with the Jays next season. Marcus Stroman will be eligible for his second year of arbitration and the Jays will certainly agree to give him a raise on his $3.4 million salary for the 2017 season. The Jays will likely be active this offseason in adding rotation help and they’re starting early by locking up Estrada.

Video: Jackie Bradley, Jr. robs Chris Davis of a home run

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Red Sox center fielder Jackie Bradley, Jr. robbed Orioles first baseman Chris Davis of his 25th home run on Tuesday evening, leaping at the fence in center field to make the catch and keep the game scoreless in the bottom of the fifth inning.

Davis swung at the first pitch he saw from Drew Pomeranz, a slider that crossed the middle of the plate.

This game has potential playoff implications, as the first-place Red Sox hold a three-game lead over the Yankees in the NL East. Meanwhile, the Orioles are still in the AL Wild Card race, trailing the Twins by 5.5 games for the second Wild Card slot.