The Yankees know: don't sign players until you have to

16 Comments

It’s safe to say I’ve given up on my hopes of becoming a major league GM. But if a reader hits the lottery, buys a team and decides to give me a shot, know that there’s a couple of rules I’d live by:
1. Never give multiyear deals to bench players
2. Don’t re-sign veterans until it’s absolutely necessary

The Yankees already seem to follow both. No. 1 may be an accident, but No. 2 is team policy: the Bombers don’t negotiate with their free-agents-to-be until they actually become free agents.
Now I’m certainly not against giving long-term deals to youngsters. That strategy has saved major league teams tens of millions of dollars over the last decade, not only in avoiding arbitration hearings and early free agent years with the players that sign them but by holding down the arbitration awards of those that don’t.
But giving veterans long-term extensions when they still have one or two years left under team control is a losing proposition more often than not. The potential gain — saving money over what it would cost to sign the player closer to free agency — just isn’t worth it. More information leads to better decisions, and there’s a lot of information to be gained by waiting that extra year until the player nears free agency.
For one thing, the players getting these extensions are already in their prime and likely at the peak of their value when they sign them. After all, the player isn’t going to want to sell low on himself by signing after a bad year or a rough first half. Teams, on the other hand, have no problem buying high by signing players immediately after a career year.
Look at the Yankees. Obviously, they have a huge advantage in these circumstances, since they don’t have to worry about being outbid in free agency. But they made no attempt to re-sign Derek Jeter and Mariano Rivera last winter. Their policy probably cost them some money when they had to re-sign Jorge Posada as a free agent after his career-year in 2007, but it’s worked out well overall and the team has fewer bad contracts now than probably at any point in the past 15 years.
It’s something the Phillies should have looked at very carefully before committing an additional $125 million to Ryan Howard on Monday. Howard was already signed through the end of next year, and it’s hard to imagine that the Phillies are saving any money over what it would have taken to sign him a year from now. Howard pretty clearly wanted to stay in Philadelphia. Was he really going to turn down $25 million per year next April? Or even next November for that matter?
Ponder that while looking at a few examples of bad deals signed by players under contract and still one to two years away from free agency. I won’t count arbitration-avoiding signings like Detroit’s Dontrelle Willis and Nate Robertson deals, since while I think they fit, they weren’t contract extensions.
Travis Hafner – Indians
Old deal – Four years, $11.5 million for 2005-08 (2008 was a club option)
New deal (Signed July 2007) – Four years, $57 million for (2009-12)

Hafner was maybe baseball’s biggest bargain for two years in 2005 and 2006. The Indians gave him his huge extension even though his play had fallen way off in the first half of 2007, and it’s proven to be a franchise killer since the moment it was signed.
Mark Kotsay – Athletics
Old deal – Three years, $16 million for 2004-06
New deal (signed July 2005) – Two years, $15 million for 2007-08

Hit .214/.279/.296 in 56 games during an injury-ruined 2007. The A’s paid $5 million to get the Braves to take him for 2008.
Eric Chavez – Athletics
Old deal – Five years, $17.65 million for 2001-05 (2005 was a club option)
New deal (signed March 2004) – Six years, $66 million (2005-10)

Seemed like a pretty good idea at the time, and Chavez went on to put up a career-best 898 OPS in 125 games in 2004, so he would have been at least as expensive to re-sign that winter. However, he lost 100 points of OPS in 2005.
Scot Shields – Angels
Old deal – One year, $3.4 million for 2007 (wouldn’t have been a free agent until after 2008)
New deal (Signed March 2007) – Three years, $14.6 million (2008-10)

Shields was worked about as hard as any reliever in baseball from 2004-06, so the Angels were either foolish or simply overly generous for committing to him when they still had him under control for two more years. He went on to have his worst season in 2007, and while he had a fine 2008, he’s contributed nothing since.

Marlins 2B Dee Gordon suspended 80 games for PEDs

deegordon
Getty Images
16 Comments

LOS ANGELES — Dee Gordon has been suspended 80 games by Major League Baseball after the Miami Marlins second baseman tested positive for a performance-enhancing drug.

Gordon tested positive for exogenous Testosterone and Clostebol, MLB said in a release after the Marlins’ 5-3 victory over the Los Angeles Dodgers on Thursday night.

The fleet-footed Gordon won the National League batting title by hitting .333 last season and signed a $50 million, 5-year deal with Miami in January. He’s made two All-Star teams in his six seasons and won the Gold Glove and Silver Slugger awards at second base last year.

Gordon, the son of former major league pitcher Tom Gordon, had a key hit in Miami’s win over the Dodgers on Thursday. He’s batting .266 with six stolen bases this season.

Dee Gordon is a very important part of our team, and we all love him and support him,” Marlins president David Samson said. “That said, I don’t like or condone what he did. He is an important member of this organization and will be for many years to come. It’s a huge, huge disappointment to the kids, to our fans, to his teammates and to everyone in our organization every single day.

“He will be back 80 games from now, and he will be welcomed back to this organization. But in the interim period, we expect him, and we are positive that he will do everything that’s necessary to make it up to his fans, to his teammates and to this organization.”

Devon Travis will start taking at-bats in extended spring training

Toronto Blue Jays second baseman Devon Travis hits a RBI double to center field against the Tampa Bay Rays during third inning of a baseball game, Wednesday, April 15, 2015 in Toronto. (Nathan Denette/The Canadian Press via AP)  MANDATORY CREDIT
Nathan Denette/The Canadian Press via AP
2 Comments

Blue Jays second baseman Devon Travis underwent left shoulder surgery last September. MLB.com’s Gregor Chisholm caught up with Jays head athletic trainer George Poulis for updates on several injured players, including Travis. Here’s what Poulis had to say about Travis:

“He’s going to get some live at-bats with the extended team down in Florida on Friday. Big step for him, he’s very excited, he’s doing great, and we’re very optimistic, but no timeline right now on his return. We’re just going day by day, step by step.

“When you have something like that, it continues to heal even when you’re playing. We’re just trying to acclimate him and condition him to withstand all of the stress that he’s going to put on his shoulder … He won’t play in the field right now. We’ll mix that in, as well, but right now he’s just going to get some at-bats.”

The key phrase, of course, is “no timetable”. The second baseman’s rehab has gone slower than expected. Getting into some extended spring training games, though, signals progress.

Travis, 25, broke out last season, hitting .304/.361/.498 with eight home runs and 35 RBI in 239 plate appearances last season. The Jays have had Ryan Goins and Darwin Barney handle second base duties this year, but their aggregate .560 OPS is the worst mark in the American League.

Report: Alex Rios has received offers, but is seeking a significant role

Kansas City Royals right fielder Alex Rios watches during batting practice before Game 6 of baseball's American League Championship Series against the Toronto Blue Jays on Friday, Oct. 23, 2015, in Kansas City, Mo. (AP Photo/Charlie Riedel)
AP Photo/Charlie Riedel
1 Comment

We’re almost into May and outfielder Alex Rios remains teamless. MLB Network’s Jon Heyman reports that Rios has received offers, but he hasn’t accepted any yet because he’s seeking a job with a “significant role”. Ostensibly, that means a starting role or possibly a platoon role.

Rios, 35, was on last year’s championship-winning Royals team, but he hit a meager .255/.287/.353 with four home runs and 32 RBI in 411 plate appearances. It’s understandable if teams aren’t willing to gamble on him rediscovering his once-potent bat now that he’s in his mid-30’s.

Rios earned $11 million last year on a one-year deal with the Royals. Now, he may have to settle for a minor league contract. If Rios doesn’t receive a palatable offer, Heyman suggests he may retire.

Video: Manny Machado clubs a grand slam to break it open against the White Sox

Baltimore Orioles' Manny Machado celebrates scoring on a two-run double by Gerardo Parra during the eighth inning of a baseball game against the Toronto Blue Jays on Friday, Sept. 4, 2015, in Toronto. The Orioles won 10-2. (Darren Calabrese/The Canadian Press via AP)
Darren Calabrese/The Canadian Press via AP
Leave a comment

Manny Machado is good at baseball. The Orioles’ third baseman busted Thursday’s game wide open when he clubbed a grand slam to left-center field off of reliever Jake Petricka to boost his team’s lead to 10-2 in the sixth inning.

The blast was Machado’s second career grand slam and his seventh home run of the season. Along with that, he’s hitting .337/.394/.686 with 16 RBI on the season.