Hunter Pence

Phillies pay heavy price for overvalued Hunter Pence

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The Phillies got their middle-of-the-order hitter Friday, picking up two-time All-Star Hunter Pence from the Astros for first baseman Jonathan Singleton, RHP Jarred Cosart, RHP Josh Zeid and a still undisclosed fourth player.

It’s the right-handed bat the Phillies felt they needed to slot in behind Chase Utley and Ryan Howard in the order.  Pence, though, hasn’t been all that much better than Domonic Brown of late.  He’s batting .200 with just two RBI in 45 at-bats since the All-Star break.  Since June 1, he’s hitting .297/.344/.424 with three homers and 19 RBI in 172 at-bats.

Maybe now that he’s finished with the trade rumors, he’ll improve.  The Phillies are certainly banking on it after surrendering their top two prospects.  Singleton, who is just 19, was hitting .284/.387/.413 for Single-A Clearwater this season.  Because of Howard’s presence, the Phillies tried him in left field earlier this year.  But that didn’t take.  Singleton should be a 30-homer guy down the line, and he could be an upgrade over Brett Wallace by the end of 2013.

Cosart, 21, was also at Clearwater and was 9-8 with a 3.92 ERA and a 79/43 K/BB ratio in 108 innings.  He lacks polish for someone regarded as a top pitching prospect, but he throws in the mid-90s and shows a plus curveball.  He’s a definite candidate to flame out, but he has top-of-the-rotation potential.

Zeid isn’t so talented.  The 24-year-old had a 5.65 ERA and a 56/27 K/BB ratio in 63 2/3 innings while splitting time between the rotation and the pen for Double-A Reading.  If he makes it in the majors, it’ll be as a middle reliever.

Pence is the Phillies’ answer to Carlos Beltran, and the fact that he’s under control through 2013 necessated the big offer.  He will give the Phillies offense a lift, and he may well make a difference as a No. 5 hitter come playoff time.  Still, it’s debatable whether he was really enough of an upgrade to justify the investment.  He has a 119 OPS+ since 2009, which puts him a bit below fellow corner outfielders Nick Swisher and Josh Willingham and barely above Corey Hart and Bobby Abreu.  He is an above average defender and an asset on the basepaths, but he’s not truly a star and he’s about to get paid like one.

Jake Peavy is having a bad go of things right now

SAN FRANCISCO, CA - MAY 25: Jake Peavy #22 of the San Francisco Giants pitches against the San Diego Padres during the first inning at AT&T Park on May 25, 2016 in San Francisco, California.  (Photo by Jason O. Watson/Getty Images)
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Veteran hurler Jake Peavy has not signed with a team. It’s not because he’s not still capable of being a useful pitcher — he’s well-regarded and someone would likely take a late-career chance on him — and it’s not because he no longer wishes to play. Rather, it’s because a bunch of bad things have happened in his personal life lately.

As Jerry Crasnick of ESPN reports, last year Peavy lost millions in an investment scam and spent much of the 2016 season distracted, dealing with investigations and depositions and all of the awfulness that accompanied it. Then, when the season ended, Peavy went home and was greeted with divorce papers. He has spent the offseason trying to find a new normal for himself and for his four sons.

Pitching is taking a backseat now, but Peavy plans to pitch again. Here’s hoping that things get sorted to the point where he can carry through with those plans.

The AT&T Park mortgage is paid off

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This is fun: The San Francisco Giants recently made their last payment on the $170 million, 20-year loan they obtained to finance the construction of AT&T Park. The joint is now officially paid for.

The Giants, unlike most other teams which moved into new stadiums in the past 25 years or so, did not rely on direct public financing. They tried to get it for years, of course, but when the voters, the city of San Francisco and the State of California said no, they decided to pay for it themselves. They ended up with one of baseball’s best-loved and most beautiful parks and, contrary to what the owners who desperately seek public funds will have you believe, they were not harmed competitively speaking. Indeed, rumor has it that they have won three World Series, four pennants and have made the playoffs seven times since moving into the place in 2000. They sell out routinely now too and the Giants are one of the richest teams in the sport.

Now, to be clear, the Giants are not — contrary to what some people will tell you — some Randian example of self-reliance. They did not receive direct public money to build the park, but they did get a lot of breaks. The park sits on city-owned property in what has become some of the most valuable real estate in the country. If the city had held on to that land and realized its appreciation, they could flip it to developers for far more than the revenue generated by baseball. Or, heaven forfend, use it for some other public good. The Giants likewise received some heavy tax abatements, got some extraordinarily beneficial infrastructure upgrades and require some heavy city services to operate their business. All sports stadiums, even the ones privately constructed, represent tradeoffs for the public.

Still, AT&T Park represents a better model than most sports facilities do. I mean, ask how St. Louis feels about still paying for the place the Rams used to call home before taking off for California. Ask how taxpayers in Atlanta and Arlington, Texas feel about paying for their second stadium in roughly the same time the Giants have paid off their first.