It's oh so quiet in free agency

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It could be something spooky and
nefarious like collusion, or perhaps that general managers have become more savvy about how they spend their team’s money (Jim Hendry
excluded, of course), but Jeff Passan of Yahoo! Sports notices that
there’s a striking difference between this offseason and 2006-07:

Thus far, more than halfway through the 2009-10 free agent signing
period, teams have given only seven players contracts of three years or
longer. In 2006-07, 31 players received deals of three or more years.


They handed out 29 multi-year contracts that averaged more than $5
million per season. This offseason, owners have given out a dozen
multiyear, $5 million-a-season deals.

The most significant difference? The
big-bank free agents. Teams coughed up over $100 million for Alfonso
Soriano, Barry Zito, Carlos Lee and Daisuke Matsuzaka that winter. On the heels of
a recession, this offseason is a different animal, with less premium
players seemingly entering their prime seasons, like the ones mentioned above. It’s possible that
Jason Bay could have found a $100 million contract in the past, but
that doesn’t mean it would have been wise. Matt Holliday, who turns 30 this month, is the only one
worthy of the threshold in the current marketplace, and there’s
increasing indications
that he’ll get there.

Obviously something has changed between then and now, but perhaps the biggest casualty is someone like me. Granted it’s January 2nd, but I’m sitting here recapping someone else’s article about the lack of activity in the free agent marketplace. It’s a sad state of affairs. Someone please rescue us from this current state of Hot Stove boredom.

Mariners, Indians and Rays make a three-way swap

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The Indians, Mariners, and Rays are working toward finalizing a three-team trade. The full details have not been revealed yet, and there are conflicting reports as to who is going where, but we know that Carlos Santana and Edwin Encarnacion are involved.

Initial reports have the Mariners getting Edwin Encarnacion from the Indians in exchange for Carlos Santana, with Cleveland also receiving first baseman Jake Bauers from the Rays. Outfielder/third baseman Yandy Diaz will reportedly head to Tampa Bay along with a player to be named later. There has been a conflict in the past few minutes, however as to where Encarnacion is actually going: Seattle or Tampa Bay. Mark Feinsand of MLB.com says it’s Seattle, Bob Nightengale says it’s Tampa Bay. We’ll know soon enough, I suppose.

Santana played for the Phillies last year and was traded to Seattle just a couple of weeks ago. He’ll never have a chance to wear a Mariners uniform and, instead, will go back to Cleveland, where he played his entire career until 2018. Encarnacion has spent the last two years in Cleveland. Santana is owed $35 million over the next two seasons and has a 2021 buyout. Encarnacion is owed $24 million in 2019 if you include the buyout on his 2020 club option.  If Encarnacion is going to Seattle, you have to figure that the Mariners will flip him in mid-season if possible.