Dustin Pedroia

Locking up Dustin Pedroia is more about sentiment than sense

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There’s something to be said for rewarding a star player who has been underpaid most of his career. Dustin Pedroia is one of the two faces of the Red Sox, he’s a legitimate All-Star candidate every year and it’s possible he’ll go into the Hall of Fame someday. If he were a free agent this winter, a long-term, $20 million-per-year extension would make plenty of sense for the Red Sox. He’s worthy of that kind of money.

But, of course, Pedroia isn’t a free agent this winter. The Red Sox have him signed at the bargain rate of $10 million next year, with an $11 million club option for 2015. Those salaries can increase a bit if Pedroia finishes in the top three in the AL MVP balloting this year, but he’s a steal either way.

So, why sign Pedroia now? The plus for the Red Sox would seem to be to beat the big Robinson Cano deal that’s coming this winter. Cano is likely to get one of the biggest free agent contracts ever; $150 million for six years would be the low end for him. Something like $190 million for seven years might be more realistic. Pedroia might not want to settle for $20 million per year once Cano is making $25 million-$27 million.

But that’s basically the only reason to do it now. Pedroia is nine months younger than Cano, but he won’t be a free agent until he’s 32. Of Pedroia’s 10 most similar players through age 28, according to Baseball Reference, only one remained a star after age 32. That’s Charlie Gehringer, one of two Hall of Famers in his top 10. The other HOFer, Tony Lazzeri, had his last year as a regular at 33. Jose Vidro, Pedroia’s most similar player, had a lousy year at 33 and then vanished. Ray Durham and Michael Young, Nos. 3 and 4 on the list, lasted as regulars, but not as very good ones.

Probably in part because of the takeout slides and all of the diving around, second basemen tend to have shelf lives. Pedroia has been durable, missing a big chunk of a season just once in his career to date, but he does get banged up. It’s probably going to get worse in his 30s, given how hard he plays the game. If his body starts breaking down, he’ll turn worthless in a hurry.

There’s also one more big reason for the Red Sox not to do a deal: any contract extension immediately gets factored in for luxury tax purposes. With an average annual value under $7 million, Pedroia’s modest deal has been a big help to a franchise that’s been trying to edge up against, but not exceed, the tax threshold. Any new contract will result in a big jump in that figure next year. If you remember, it was luxury tax purposes that caused the Red Sox to delay wrapping up Adrian Gonzalez’s big deal two years ago; they needed his cheap luxury-tax figure to carry over for one more year before they gave him his $22 million-per-year contract.

Pedroia is a wonderful player, and it’d be great to see him keep this up for another seven or eight years. Banking on it, though, would be a mistake. Ideally, the Red Sox could give Pedroia something like a two-year extension through 2017, with nice boosts to his 2014-15 salaries as part of the bargain. Since that probably isn’t happening, they should just let things play out for the next two years.

Drew Smyly brings youth and experience to Mariners rotation

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PEORIA, Ariz. (AP) Trades don’t surprise Drew Smyly anymore.

At age 27, the Seattle Mariners left-hander has been dealt twice. The first swap sent him from the team that drafted and developed Smyly, the Detroit Tigers, to the Tampa Bay Rays in midseason 2014. That trade landed star pitcher David Price in Detroit.

“I was surprised by that one,” Smyly said.

The most recent trade involving him came in January, when the Rays shipped Smyly to Seattle for three prospects in one of many moves by Mariners general manager Jerry Dipoto. Smyly immediately joined the Mariners’ projected starting rotation, and is having fun getting to know his new teammates at spring training by way of manager Scott Servais’ clubhouse icebreakers.

Servais thinks Smyly is a solid fit as a still young yet experienced pitcher.

“One, being where he’s at in his career age-wise and service time, he’s kind of at the point where, put him in the right environment … very good defensive outfield, he’s a fly ball guy, maybe he does step up and take the next step,” Servais said. “Getting out of the American League East certainly should help him, but there’s no guarantees. Our division’s pretty tough.”

Servais suggested that another Arkansas native, ex-big leaguer Cliff Lee, might have helped sell Seattle on Smyly. Lee is a former Mariner and the two share an agent.

Smyly went 7-12 in a career-high 30 starts last season in Tampa, but won five games from July 30 to the end of the season after starting out 2-11. From May 21 to July 18, he lost seven straight starts.

“Pitching’s tough, you know,” Smyly said. “To manipulate the ball, to make it do different things, to put it in the strike zone with hitters that know what they’re doing. … I just had a rough stretch but I show up at the field every day, play catch and work on my craft and you know, that’s going to turn around one day.”

The 32 home runs Smyly surrendered in 2016 figure to be reduced in Seattle’s pitcher-friendly Safeco Field.

“It can only help,” he said. “But it’s still going to be up to me to execute pitches and pitch well.”

Smyly is set to join the U.S. World Baseball Classic team shortly. Before that, he’ll make his first spring training start in the middle of next week.

“It’s an honor to be able to put your country on your chest and play with some of the guys on that team,” he said. “I’m looking forward to it big time.”

NOTES: Servais plans to roll out what figures to be Seattle’s opening day lineup in the spring training opener Saturday against San Diego. It’s OF Jarrod Dyson, SS Jean Segura, 2B Robinson Cano, DH Nelson Cruz, 3B Kyle Seager, OF Mitch Haniger, 1B Dan Vogelbach, C Mike Zunino and OF Leonys Martin. … Servais said Cano and Cruz will play a little more than is typical for early spring games, as the two will depart for the World Baseball Classic in early March. … LHP Ariel Miranda will start Saturday, then RHP Chris Heston Sunday, RHP Yovani Gallardo on Monday and ace Felix Hernandez on Tuesday.

Mitt Romney’s sons are trying to buy a stake in the Yankees

TAMPA, FL - AUGUST 30:  Tagg Romney son of Republican presidential candidate, former Massachusetts Gov. Mitt Romney gives an interview during the final day of the Republican National Convention at the Tampa Bay Times Forum on August 30, 2012 in Tampa, Florida. Former Massachusetts Gov. Mitt Romney was nominated as the Republican presidential candidate during the RNC which will conclude today.  (Photo by Chip Somodevilla/Getty Images)
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Mitt Romney built his professional life in Massachusetts and was once the governor of the state. As such, it is not surprising that he has long identified as a Red Sox fan. So this has to be troubling to him from a fan’s perspective. From Jon Heyman:

The Romney family is bidding to buy a small stake in the Yankees months after their try for the Marlins stalled. If the deal goes through, it is expected to be $25 million to $30 million per percentage point and thought to be interested in one or two percentage points. The Yankees are valued around $3 billion or more.

The effort is being led by Mitt’s son Tagg, one of his brothers and their business partners. Mitt’s spokesman tells Jon Heyman that he has nothing to do with it personally. Tagg Romney is reported to have been planning a bid for controlling interest in the Marlins, but that has fallen through.

I find this interesting insofar as the M.O. for the Steinbrenners has, for years, been to buy out minority shareholders in the Yankees, not seek more. Indeed, when George Steinbrenner bought the Yankees back in 1973 he held just a bare controlling interest and there were a ton of silent partners, most of which were back in Ohio and knew Steinbrenner from his shipping business. I’ve personally gotten to know some of them over the years as there are a handful of them in Columbus and I crossed paths with them in my legal career. They have almost all been bought out in the past couple of decades. They still get season tickets and World Series rings and stuff. You can tell them by their personalized Yankees plates and the fact that, within the first ten minutes of meeting them, they will tell you that they once owned a piece of the Yankees but got pushed out.

In light of all of that it’s interesting that the Steinbrenners are once again accepting bids for small stakes in the team. Especially from someone whose interest in controlling the Marlins suggests that they do not consider it to be a mere vanity investment. Makes me wonder what the Steinbrenners’ long term plans are.