The Mets don't understand economics

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Via Matthew Cerrone’s MetsBlog is word from Newsday’s Ken Davidoff that “According to a Mets official, if the team fails to secure [Jason] Bay, it will
strongly consider raising its offer to Molina.  But if Bay signs, the
Mets will hold a harder line with Molina.”

Which is profoundly stupid.

Bengie Molina is probably not even worth what the Mets have already offered him, but even if he was, how would Bay not accepting his offer suddenly make Bengie Molina more valuable? Did Omar honestly sit down in November and decide that his free agent budget is $X, and it will be spent on as many or as few players as possible?

It’s one thing to have an overall offseason strategy, but any one player’s value should be arrived at independent of what you’re doing with another player.  We already know that Omar Minaya is, well, limited as a GM, but if this report is true, someone should relieve him of command like he was Captain Queeq in the typhoon, because this destroyer is about to founder.

Report: Angels to sign Cody Allen

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Ken Rosenthal of The Athletic reports that the Angels and reliever Cody Allen are in agreement on a one-year contract, pending a physical. The value of the contract is not yet known.

Allen, 30, was looking for an opportunity to close and the Angels can certainly provide that. He will likely be the favorite to break camp as the closer. 2018 was the roughest year of his career, however, as he finished with a 4.70 ERA, 27 saves, and a 80/33 K/BB ratio in 67 innings. Among Allen’s six full seasons, his 27.7 strikeout rate and 11.4 percent walk rate represented career-worsts. FanGraphs also shows him losing nearly a full MPH on his average fastball velocity.

The Angels lost closer Keynan Middleton to Tommy John surgery early last season and he likely won’t return until the second half of the 2019 season. Blake Parker, who handled save situations in Middleton’s place, was non-tendered by the Angels in November and ended up signing with the Twins. The closer’s role is Allen’s to lose, it seems.