Mark Teixeira’s contract another expensive miscue for Yankees

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When it was signed following the 2008 season, Mark Teixeira’s eight-year, $180 million deal with the Yankees was the third biggest in MLB history and largest to go to someone not named Alex Rodriguez. Now it rivals Rodriguez’s as one of the worst in baseball.

With the news Wednesday that Teixeira would undergo wrist surgery, the 33-year-old first baseman ends his fifth season with the Yankees having played in just 15 games and hitting .151. The Yankees are still on the hook for another three years and $67.5 million after paying him $22.5 million this season.

If it were just the wrist injury, there’d be better reason for hope that Teixeira could come back and be a quality regular, if not an All-Star, next year. But he already seemed to be in obvious decline before 2013. Here are his OPSs and OPS+s since 2007.

2007: .963 – 149 – Rangers/Braves
2008: .962 – 152 – Braves/Angels
2009: .948 – 141 – Yankees
2010: .846 – 124 – Yankees
2011: .835 – 121 – Yankees
2012: .807 – 116 – Yankees

The Yankees would surely take it if Teixeira could come back and be a 120 OPS+ first baseman in the last three years of his deal. He wouldn’t be worth nearly $22.5 million per year in that scenario, but that’d still make him an above average regular at first base.

It’s probably overly optimistic, though. While Jose Bautista has come back and produced since returning from a similar tendon sheath surgery, he hasn’t been nearly what he was in the two years before he got hurt. He was also a couple of years younger than Teixeira will be. Mark DeRosa’s wrist problems ended his career as a regular. Nomar Garciaparra came back and had his moments, but he was never the same quality of player after Al Reyes hit him in the wrist.

So, the Yankees should be very worried. That they’ll be overpaying Teixeira and Rodriguez going forward is a given. Maybe CC Sabathia, too. But as long as those guys are reasonably productive, then the Yankees should continue to contend. If those players become liabilities on the field as well as in the budget, that’s the recipe for disaster.

David Price’s season debut could be pushed back to May

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David Price showed “strength improvements” in his elbow on Saturday, but Red Sox’ manager John Farrell still doesn’t think the left-hander will be ready to throw by the start of the season — or for a few weeks afterward. According to ESPN’s Scott Lauber, the 31-year-old might not be ready to debut until May at the earliest.

Price hasn’t thrown off of a mound this spring after experiencing soreness in his left elbow on March 1. Surgery doesn’t appear to be necessary, but the Red Sox are playing it extra safe with their No. 3 starter in hopes that rest and rehabilitation will return him to full health sometime during the 2017 season. For now, Price has been restricted to short games of catch until he’s cleared to resume a more rigorous throwing program. Via MLB.com’s Ian Browne:

[There were] strength improvements to the point of putting the ball back in his hand a little more consistently,” said manager John Farrell. “Today’s the first step for that. A short game of catch. That’s what he’s going through. Not off a mound but just to get the arm moving with a ball in flight, and he will continue in this phase for a period of time. There’s no set distance and volume yet to the throws.

The lefty is coming off of a lackluster 2016 season, during which he delivered a 3.99 ERA, 2.0 BB/9 and 8.9 SO/9 over 230 innings for the Red Sox.

Yadier Molina will not enter contract negotiations during the 2017 season

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Derrick Goold of the St. Louis Post-Dispatch reports that Cardinals’ catcher Yadier Molina is still open to extension talks during the last week of spring training. Once Opening Day rolls around, however, Molina has preemptively nixed any contract negotiations until the end of the 2017 season, when he’s scheduled to hit free agency.

Molina wants to stay with the Cardinals, or so he’s telling reporters, but he’s also “not afraid” to test the free agent market this fall should a deal fail to materialize. Via Goold:

I would love to stay, but at the same time I’m not afraid to go to free agency. I’ve still got many years in the tank. Believe me. I feel great. I feel like a 20-year-old kid. I’m not afraid to go to free agency.

The 34-year-old backstop is entering his final year under contract, though Goold points out that he has a $15 million option for 2018 that he can choose to decline in the event that it’s exercised by the team. He’s reportedly searching for a figure closer to those made by other top catchers like Buster Posey and Russell Martin.

The 2017 season will mark Molina’s 14th year in the Cardinals’ organization, building on a career that has spanned seven All-Star campaigns, nine postseason runs and two World Series championships in St. Louis. He batted .307/.360/.427 with eight home runs and a .787 OPS for the club in 2016.