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Great Moments in the Hot Stove League: When the Yankees passed on Miguel Cabrera

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I saw this floating around Twitter over the past several days It’s loads of fun. From the New York Daily News in November 2007, talking about the Yankees and Marlins and a trade for Miguel Cabrera that never happened:

Brian Cashman met with the Marlins at about 6 p.m. last night at the GM meetings. No offers were made, but a source with knowledge of the situation said the Marlins made it clear that the Yankees would have to include either Phil Hughes, Joba Chamberlain or Ian Kennedy in any trade for Cabrera, something the Yankees are not willing to do. The Yankees would likely offer a deal involving their next tier of prospects, which includes Alan Horne, Humberto Sanchez, Ross Ohlendorf and Jose Tabata.

This came right after Alex Rodriguez opted-out of his $250 million deal and was a free agent. The Yankees, of course, signed him to his current $275 million deal a little over a month later.  In the meantime, they could have traded off, say, Joba Chamberlain for the current two-time MVP and could have let Rodriguez dangle.

That sounds awesome now. But at the time people thought Chamberlain, Hughes and Kennedy were the cat’s meow. And Miguel Cabrera, while clearly a huge talent, wasn’t quite what he is now in most people’s minds. And of course Alex Rodriguez was the best player in the game who, two short years later, would lead the Yankees to their last World Series title.

So, yes, it stings now. But at the time it wasn’t a crazy line of reasoning on Cashman’s part. And while people say hindsight is 20/20, in reality, it’s not. Hindsight obscures a lot of stuff we knew back then — or at least thought we knew back then — but have since forgotten.

Cardinals, Dexter Fowler agree to a five-year, $82 million deal

CLEVELAND, OH - NOVEMBER 02:  Dexter Fowler #24 of the Chicago Cubs reacts during the seventh inning against the Cleveland Indians in Game Seven of the 2016 World Series at Progressive Field on November 2, 2016 in Cleveland, Ohio.  (Photo by Gregory Shamus/Getty Images)
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The Cardinals have officially signed outfielder Dexter Fowler to a five-year, $82.5 million contract. Fowler will also get a full no-trade clause.

The Cardinals gave Fowler a bigger deal than many speculated he’d get, as some reports predicted he’d get something in the $52-72 million range. His skills, however — he’s a fantastic leadoff hitter who plays a premium defensive position — definitely earned him some major dough. Fowler hit .276/.393/.447 with 13 homers, 48 RBI and 13 steals over 125 games in 2016 for the World Series champion Cubs.

For the Cardinals, this will allow Matt Carpenter to move down to the middle of the batting order and will shift Randal Grichuk to left field. It also takes a prime piece from the Cardinals’ biggest rival. For their part, earlier this offseason the Cubs signed former Cardinal center fielder Jon Jay. So that’s fun.

Are the Cardinals about to go on a free agent binge?

John Mozeliak AP
Associated Press
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The Cardinals have always emphasized building from within. In the 2016-17 offseason, however, they may end up being one of the bigger free agent buyers. At least according to some informed speculation.

St. Louis is already in agreement with Dexter Fowler. But Derrick Goold and Ben Frederickson of the St. Louis Post-Dispatch write today that the Cardinals “could become more aggressive than previously believed,” with Mark Trumbo and Edwin Encarnacion as “possible pursuits.” Worth noting that separate reports alleged some interest on the part of the Cards front office in free agent third baseman Justin Turner.

The Cardinals are already losing their first round pick due to the Fowler signing, so any other top free agent won’t cost them more than the money he’s owed. And as far as money goes, the Cardinals have a great deal of it, despite being a small market team. They have a billion dollar TV deal coming online and Matt Holliday and Jaime Garcia are off the payroll now. Spending big on a free agent or three would not cripple them or anything.

Encarnacion or Trumbo would be first baseman, which wold fly in the face of the Cards’ move of Matt Carpenter to first base (and, at least as far as Encarnacion goes, would fly in the face of good defense). Getting either of them would push Carpenter back to second, displacing Kolten Wong, or over to third, displacing Jhonny Peralta. If you’re going to do that, I’d say that Turner would make more sense, but what do I know?

Either way, the Cardinals may be entering a pretty interesting phase of their offseason now. And an unfamiliar one as, quite possibly, the top free agent buyer on the market.