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.

Report: Brewers have put together a trade offer for Christian Yelich

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Craig Mish of SiriusXM reports that the Brewers have put together a trade offer for Marlins outfielder Christian Yelich. He describes the club’s interest in Yelich as “strong,” and notes that other teams remain in the mix.

Yelich’s relationship with the Marlins was recently described by his agent as “irretrievably broken” following the trades of Giancarlo Stanton, Marcell Ozuna, and Dee Gordon. His agent said Yelich “needs to get on with his career where he’s got a chance to win.” Understandably, teams have been calling the Marlins asking about him.

The 26-year-old hit .282/.369/.439 with 18 home runs, 81 RBI, 100 runs scored, and 16 stolen bases in 695 plate appearances last season. He’s in the fourth year of a seven-year, $49.57 million contract of which $44.5 million remains. Given how slow the free agent market has been this offseason, it’s difficult to say exactly what he would get if he were to hit the open market, but it is safe to say that his current contract is very much a bargain for his team, which only makes him even more attractive to inquiring teams.

The Brewers are an interesting team to get involved in the Yelich sweepstakes. Their outfield already has three capable players in Ryan Braun, Domingo Santana, and Keon Broxton. Yelich would still be an upgrade, but the Brewers’ resources may be better spent in other areas like the starting rotation.

Given Yelich’s displeasure and Jeter’s insistence on stripping the Marlins bare — including, potentially, the iconic home run sculpture — it wouldn’t be surprising at all to see a trade happen.