Tim Lincecum

Let us not freak out about free agent salaries, OK?

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I feel like people freak out a little bit every fall and winter when the first couple of free agents sign. The dollars get announced and the reaction is some form of “wow, what an overpay!” and “if [Player X] gets that, [Player Y] is going to get insane dollars!” We’ve seen a little bit of that in the wake of last night’s Tim Lincecum signing, with people’s reactions ranging from merely raising an eyebrow to being fully gobsmacked.

I’m in more of the eyebrow-raised camp. It’s probably a bit of an overpay given Lincecum’s performance over the past couple of years (though it is a pay cut). It’s also a bit of a gamble inasmuch as, a decent strikeout rate notwithstanding, there is no guarantee that Lincecum will be a front line starter ever again. Or even an average one. We’re now more than two years past the last good Lincecum season and more than four years past the truly dominant Lincecum still stuck in our head. He could be Barry Zito redux in performance, if not in contract duration, for the rest of his career.

But we should probably limit our response to the dollars involved to raised eyebrows and wait a few months before truly committing to a reaction. Both to Lincecum’s deal and the deals of other free agents this winter. Because the changing financial structure of baseball is rendering the sorts of deals we once considered to be crazy fairly run-of-the-mill these days.

Yes, $35 million for two years is an awful lot of money. But you know what else is an awful lot of money? The $30-$40 million (estimated) each team will be getting each year from new national television deals with ESPN, Fox and TBS. That is, $30-$40 million for doing absolutely nothing. That’s before you add on increases in local deals many teams are experiencing and the overall trend of rising revenues across Major League Baseball. A trend that the San Francisco Giants and their nearly-full ballpark are taking pretty decent advantage of.

We’re not in the same financial world in which we found ourselves in 1992, 2004 or even just a couple of years ago. Teams have more money to spend and, thanks to restrictions on how much amateur talent can be paid, they have fewer places to spend it. It makes perfect sense, then, that the price of an average pitcher with some upside (or any number of other free agents who will soon sign) will be a lot higher than it used to be. As such, the dollars that used to only go to the best of the best will now be going to the middle of the pack. The superstar dollars will go way, way up too.

Despite this dynamic, I feel that fan and, in some cases, media reaction to these understandable increases is still stuck in 1992, 2004 or even just a couple of years ago. It sort of reminds me of my dad who, whenever gas prices go up, reacts as if it were still 1959 and, dadgummit, gas shouldn’t be more than twenty-five cents a gallon. As if the price of any commodity, be it gas, foodstuffs or elite baseball players shouldn’t be expected to rise in the face of scarcity and increased demand.

Anyway: it’s possible that the Lincecum deal will look bad in a few months or a year from now. It’s also possible that this deal is simply what a player of Lincecum’s caliber — adjusting for the short-length of the deal and his status as a fan favorite — can be expected to command. Whatever happens with him, though, we need to remember that player salaries are going up for rational reasons and that the definition of a massive deal in 2013-14 is not the same as it was even a few short years ago.

Report: Indians acquire catcher Jonathan Lucroy from the Brewers

MILWAUKEE, WI - MAY 31:  Jonathan Lucroy #20 of the Milwaukee Brewers rounds the bases after hitting a home run in the second inning against the St. Louis Cardinals at Miller Park on May 31, 2016 in Milwaukee, Wisconsin. (Photo by Dylan Buell/Getty Images)
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The Indians have acquired catcher Jonathan Lucroy from the Brewers, Ken Rosenthal of FOX Sports reports. Lucroy still has to waive his limited no-trade clause, and the two teams are reviewing medicals before the deal is finalized.

The Brewers are reportedly receiving four players in the deal, three of which are currently known: catcher Francisco Mejia, shortstop Yu-Cheng Chang, and outfielder Greg Allen. The fourth as yet unknown player is a “lesser prospect,” per Rosenthal.

Lucroy, 30, leaves the Brewers having hit .300/.360/.484 with 13 home runs and 50 RBI in 375 plate appearances. He earned his second All-Star nomination, representing the National League at Petco Park nearly three weeks ago. Lucroy represents a huge upgrade behind the dish for the Indians, who have gotten a major league-worst .501 OPS from their catchers this season. Lucroy is owed the remainder of his $4 million salary for this season and the Indians will have a $5.25 million club option for 2017 with a $250,000 buyout.

Mejia, 20, was regarded as the Indians’ sixth-best prospect by MLB Pipeline. He spent most of the season with Single-A Lake County, batting .347/.384/.531 in 259 plate appearances. That led to a promotion to High-A Lynchburg near the end of June. Mejia, a switch-hitter, is currently on an impressive 42-game hitting streak in the minors.

Chang, 20, hit .273/.347/.493 with 12 home runs and 69 RBI in 419 PA with Lynchburg. He has experience playing third base as well as shortstop, but because he doesn’t have a strong arm, he projects better at shortstop going forward. MLB Pipeline rated him as the Indians’ 12th-best prospect.

Allen, 23, was considered the Indians’ 22nd-best prospect by MLB Pipeline. A switch-hitter, he batted .298/.424/.402 with 24 extra-base hits, 31 RBI, 93 runs scored, and 38 stolen bases in 432 PA for Lynchburg before being promoted to Double-A Akron last week.

Report: Padres trade Matt Kemp to the Braves for Hector Olivera

SAN DIEGO, CA - JUNE 06:  Matt Kemp #27 of the San Diego Padres talks in the dugout prior to the start of the game against the Atlanta Braves at PETCO Park on June 6, 2016 in San Diego, California.  (Photo by Kent Horner/Getty Images)
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Update (7:01 PM EDT): David O’Brien of the Atlanta Journal-Constitution reports the deal has been completed.

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ESPN’s Keith Law reported on Saturday evening that a bad contract swap involving the Braves’ Hector Olivera and the Padres’ Matt Kemp was “getting close.” Olivera has been pulled off the field, per Bob Nightengale of USA TODAY. Joel Sherman of the New York Post reports that only a last-second medical would kill the deal at this point, and that the Padres will be sending money to the Braves.

Kemp, 31, will have $64.5 million remaining on his contract through 2019 after this season, but the Dodgers will pay $3.5 million annually over those remaining three years, so the $64.5 million is really $54 million. The veteran has compiled a .262/.285/.489 triple-slash line with 23 home runs and 69 RBI in 431 plate appearances for the Padres this season.

Olivera, 31, will have $28.5 million remaining on his contract through 2020 after this season. The outfielder was handed an 82-game suspension, beginning on May 26, for his involvement in a domestic dispute on April 13. The suspension is up on August 2. He has a .501 OPS in 21 major league at-bats this season and a .278 OPS in 37 PA at Triple-A.

Dennis Lin of the San Diego Union-Tribune reports that the Padres will consider designating Olivera for assignment. The trade is all about the salary dump for the Padres, as they’d rather give outfield playing time to prospects Hunter Renfroe and Manuel Margot.