Matt Capps, Joe Mauer

Matt Capps’ saves becoming increasingly expensive for Twins

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When the Twins traded Wilson Ramos to the Nationals for Matt Capps last July 30 they touted Capps’ status as a closer. And not just any closer, they repeatedly said. Capps was a “proven closer” and an “experienced closer” and an “All-Star closer.”

Regardless of their wording, the message was clear: They felt that Capps’ track record as a closer for the Pirates and Nationals made him a major upgrade over Jon Rauch, who’d been filling in for the injured Joe Nathan.

I hated the move at the time, writing that a prospect as good as Ramos was far too big a price to pay for Capps, whose save totals masked the fact that his actual performance was merely setup-man caliber and not significantly better than Rauch. That stance was viewed as heresy by many Twins fans. After all, they said, the Twins had acquired a proven, experienced, All-Star closer and that would allow them to remove Rauch from a role he was ill-suited to fill.

However, once you strip away the labels and perceptions there simply wasn’t much difference between the two pitchers. And certainly not enough difference to warrant giving up a prospect like Ramos for the right to pay Capps three times as much money as Rauch. At the time of the trade Rauch had a 3.05 ERA and was 21-for-25 converting saves. Since the trade Capps–who blew a save yesterday and then took the loss an inning later–has a 2.86 ERA and is 21-for-25 converting saves. And the similarities go even further:

                  IP      ERA     SV     BS     SO/9     BB/9     HR
Rauch then        38     3.05     21      4      6.3      2.1      3
Capps since       44     2.86     21      4      6.1      1.6      4

One pitcher was a career-long setup man whose stint as a fill-in closer was largely treated as a failure. One pitcher was touted as an experienced, proven, All-Star closer whose presence in the ninth inning was apparently worth giving up one of baseball’s top catching prospects. And just as their respective numbers beyond save totals suggested at the time of the deal, there’s been almost no difference between the two pitchers since the deal.

Well, except that Capps is now being paid $7.15 million by the Twins in his final season before free agency and Ramos is hitting .295/.356/.462 as the Nationals’ starting catcher at age 23. Closing is a role, not a skill, and the success rate is 75-80 percent for mediocre relievers, 80-85 percent for good relievers, and 85-90 percent for elite relievers. Paying a premium for an 80-85 percent guy just because he’d done it before was an increasingly costly error in logic for the Twins.

Rangers sign Josh Hamilton to a minor league deal

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The Texas Rangers have signed Josh Hamilton to a minor league contract with an invitation to spring training.

Not at all surprising. The Rangers released Hamilton last August, but that was simply to make some room on the 40-man roster. His season was already toast due to the surgery he underwent to repair lateral and meniscus cartilage in his left knee which had the added bonus of revealing that he had an ACL injury as well, which required reconstruction. At the time of his release both he and the Rangers made noises about him coming back on a minor league deal in 2017.

Hamilton turns 36 in May. The smart money has it that his big league career is over, but Hamilton would be silly to retire given that he is owed $30 million this coming season. That the Angels are paying $26.41 million of that makes it far less painful for the Rangers as well. If he can hit in the spring, hey, let him DH some and pay him low money. If not, no skin off of anyone’s nose. He can request a release on April 1 if he hasn’t made the big league roster.

A-Rod to host a reality show featuring broke ex-athletes

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Alex Rodriguez’s transition into retirement has featured a serious move into the business world. He has gone back to school, worked seriously on investments and has started his own corporation. Yes, he’s set for life after making more money than any baseball player in history, but even if his bank account wasn’t fat, you get the sense that he’d be OK given what we’ve seen of his work ethic and savvy in recent years.

He’s going to be getting another paycheck soon, though. For hosting a reality show featuring athletes who are not in as good a financial shape as A-Rod is:

Interesting. Hopefully, like so many other reality shows featuring the formerly rich and famous, this one is not exploitative. Not gonna hold my breath because that’s what that genre is all about, unfortunately, but here’s hoping A-Rod can help some folks with this.