Should Nelson Cruz take a one-year deal?

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We’re about a week into January and free agent outfielder Nelson Cruz is still without a home. The reasons are plentiful: he is tied to draft pick compensation, he has a history of involvement with performance-enhancing drugs, he has been prone to injuries, he is 33 years old, and he provides no value on the bases and with his defense.

As a result, Nick Cafardo of the Boston Globe reports that some general managers think a one-year “pillow contract” would be a good idea for Cruz. If Cruz is able to stay out of trouble, stay healthy, and stay productive, he might have an easier time securing a multi-year deal next off-season despite being a year older.

Rangers third baseman Adrian Beltre exemplified how a pillow contract can benefit a player. After finishing up an injury-plagued 2009 season with the Mariners in which he posted a career-low 83 adjusted OPS, Beltre took a one-year, $9 million deal with the Red Sox which included a $5 million second-year player option. Beltre’s adjusted OPS went up to 141 and he finished with 7.8 WAR according to Baseball Reference. During the off-season, he signed a five-year, $80 million deal with the Rangers at the age of 32.

Taking a one-year deal would be a bit of a risk to Cruz. He can likely still get a three- or four-year deal but he will have to lower his price into the Curtis Granderson area ($60 million). He could get more next off-season with a productive 2014, but he could also further sink his value if he gets hurt or struggles. In such an event, he would torpedo any hope of getting one more big deal before his career is over.

Phillies, Red Sox interested in Carlos Santana

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The Phillies and Red Sox appear intent on pursuing free agent first baseman Carlos Santana, MLB Network’s Jon Morosi reports. Santana rejected a one-year, $17.4 million qualifying offer from the Indians on Thursday and is expected to draw widespread interest on the market this winter. The Mets, Mariners, Angels and Indians could make a play for the infielder, though no serious offers have been made this early in the offseason.

Santana, 31, is coming off of a seven-year track with the Indians. He batted .259/.363/.455 with 23 home runs and 3.0 fWAR last season, making 2017 the fourth-most valuable year of his career to date. Although he was primarily stationed at first base over the last year, he could step back into a hybrid first base/DH role with the Red Sox, who are hurting for infield depth with Hanley Ramirez still working his way back from shoulder surgery.

As for Santana’s other suitors, the Mariners are far less likely to pursue a deal after trading for Ryon Healy last Wednesday. Neither the Mets nor the Phillies have a DH spot to offer the veteran infielder, and the Phillies’ Rhys Hoskins appears to be blocking the way at first base. Then again, Santana may not find a more enticing offer outside of Cleveland, where Edwin Encarnacion might otherwise be the club’s best option at first base. During the GM meetings, Indians’ GM Mike Chernoff said he “love to have both [Santana and Jay Bruce] back” in 2018, but hasn’t backed up that love with any contract talks just yet.