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.
From Jon Heyman of CBS Sports comes word that the Orioles “like” free agent starter Yovani Gallardo and “have reached out to him” to gauge his interest in coming to Baltimore and what that might cost.
Gallardo rejected a one-year, $15.8 million qualifying offer from the Rangers earlier this month and so his free agency is tied to draft pick compensation, but that shouldn’t hurt his bottom line all that much.
The 29-year-old right-hander posted a solid 3.42 ERA in 184 1/3 innings (33 starts) this past season for Texas and he pitched well in his one ALDS start.
Heyman reported a few weeks ago that the Diamondbacks are interested, and the Cubs, Blue Jays, and Dodgers were tied to him just ahead of the July 31 trade deadline.
David Price has expressed a desire to return to Toronto, where he finished out the 2015 season, but FOX Sports’ Ken Rosenthal writes Wednesday that the Blue Jays “are not expected to be a major factor in his free agency.”
The teams that should be considered serious suitors, per Rosenthal, are the Cubs, Cardinals, Giants, Dodgers, and Red Sox — all deep-pocketed teams looking to contend in 2016. Money is apparently the issue for the Blue Jays, who are currently owned by Rogers Communications.
Price registered an outstanding 2.45 ERA, 1.076 WHIP, and 225/47 K/BB ratio in 220 1/3 innings (32 starts) this past season between the Tigers and Jays, finishing second in the American League Cy Young Award race behind Dallas Keuchel of the Astros.
The 30-year-old left-hander is probably looking for a six- or seven-year contract worth more than $25 million per season. He is represented by agent Bo McKinnis.
Barry Jackson of the Miami Herald wrote three weeks ago that the Marlins were probably going to explore an extension this winter with second baseman Dee Gordon. And it sounds like those talks are underway.
Via beat writer Joe Frisaro of MLB.com:
As a guest on MLB Network’s “Hot Stove” show Wednesday morning, Gordon confirmed his camp has been in talks with the Marlins regarding a multiyear deal. A source told MLB.com that the discussions are preliminary and have just recently started.
“My agent is doing the talking,” Gordon said on the show. “They’re just keeping me in the loop. I think it’s going pretty well right now. We’ll see how that goes. I’m just playing the waiting game. We’re going to do the right thing.”
The 27-year-old carries three more seasons of salary arbitration, so there’s no real rush to get something done before next spring. Gordon carries quite a bit of leverage after posting a career-best .333/.359/.418 slash line in 145 games this past season for the Fish. He led all major leaguers in hits (205) and stolen bases (58).
Bud Norris has found a home for his attempt at a bounceback season, signing a one-year deal with the Braves. Jon Heyman of CBSSports.com says it’s worth $2.5 million, which is a huge cut from his $8.8 million salary this year.
Norris had established himself as a solid mid-rotation starter from 2009-2014, but had a brutal 2015 season split between the Orioles and Padres with a 6.72 ERA in 83 innings and a late-season move to the bullpen.
In announcing the signing the Braves referred to Norris as a starting pitcher, so joining the rotation for a rebuilding team gives him a chance to get his career back on track with an eye on hitting the open market as a free agent again next offseason. And if he fares well, the Braves could use him to add a prospect or two at the trade deadline.