Twins no longer a small-payroll team thanks to Target Field

3 Comments

Minnesota has long been one of MLB’s most successful “small-market” or “small-payroll” teams, making the playoffs five times from 2002-2009 despite consistently ranking among the bottom third in money spent.

In their final two Metrodome seasons–2008 and 2009–the Twins won 87 and 88 games, made it to the postseason once and narrowly missed a second trip by losing a one-game playoff, and did so with payrolls of $57 million and $65 million that ranked 25th and 24th in MLB.

That all changed this season, as the Twins moved into Target Field and increased their payroll to $101 million, which ranked 10th in MLB and set a franchise record by over $25 million. And according to team president Dave St. Peter, thanks to better-than-expected revenue from the new ballpark the Twins are planning to up their payroll even further in 2011:

The payroll is going to go up. We don’t take it for granted. We’re all tremendously appreciative of the support but we also know we need to keep moving forward. We need to keep moving forward on the field, and frankly, we need to keep doing everything possible to make Target Field the best ballpark it can be.

Joe Christensen of the Minneapolis Star Tribune notes that the players under team control for 2011 figure to cost about $105 million and the Twins also have plenty of holes to fill, so even another bump in payroll won’t suddenly give general manager Bill Smith and company much money to throw around. However, a bump to, say, $115 million would put them in some rarefied company, as only the Yankees, Red Sox, Cubs, Mets, Phillies, and Tigers had Opening Day payrolls that high in 2010.

Not only have the Twins ceased being one of the small-payroll teams, they’re on the verge of becoming one of the big-payroll teams. As a lifelong Twins fan that’s going to take some getting used to.

Yankees trade Sonny Gray to the Reds

Getty Images
10 Comments

The deal was much talked about all weekend and now the deal is done: The Cincinnati Reds gave acquired starter Sonny Gray and lefty Reiver Sanmartin from the Yankees in exchange for second base prospect Shed Long and a 2019 competitive balance pick.

The key to making the deal happen: Gray agreeing to a a three-year, $30.5 million contract extension. The Reds will likewise hold a $12 million club option for 2023. The deal had been struck and a window granted through close of business today to get Gray to agree to the extension and, obviously, he has.

The Reds will get a pitcher coming off of a bad season in which he posted a disappointing 4.90 ERA in 23 starts and seven relief appearances. He was hammered particularly hard in Yankee Stadium but pitched better on the road. Great American Ballpark is not a great pitcher’s park itself but any change of scenery would be nice for Gray, who had become much unwanted and unloved in New York. In Cincinnati he has the assurance of a spot in the rotation and, even better for him, he will be reunited with his college pitching coach, Derek Johnson, who joined new manager David Bell’s Reds staff earlier this offseason. If he bounces back even a little bit, the Reds will have a useful starter at a below market price for four years. If he doesn’t, well, they haven’t exactly gone bankrupt taking the chance.

The Reds will also get Reiver Sanmartin, 22, who started in the Rangers system before being traded to the Yankees. He’s a soft-tosser who figures to be a reliever if he makes the big leagues. He played at four different levels last season, with one game at Double-A and the rest below that, posting a composite 2.80 ERA in 10 starts and 13 overall appearances while striking out 7.8 batters per nine.

The Yankees will get Shed Long, who is ranked as the Reds’ seventh best prospect. The 23-year old second baseman hit .261/.353/.412 at Double-A in 2018 and has hit very close to that overall line for his entire six-year minor league career. He strikes out a bit and may not stick at second base long term, shifting to a corner outfield slot perhaps, but he’s a legitimate prospect.

The Reds get another starter with some upside. The Yankees get rid of a problem and gain a prospect and a draft pick. Sonny Gray gets some job and financial security at a time when it is not at all clear what his future holds. Not a bad baseball trade.

UPDATE: Welp, the Yankees don’t have a prospect anymore. They just traded long to the Mariners for outfielder Josh Stowers. Stowers was a second-round pick in last year’s draft. He’s 21 and batted .260/.380/.410 with five homers and 20 steals over 58 games in Short-Season ball in 2018. He’s ranked by MLB.com as the Mariners’ No. 10 prospect, but now he’s New York bound.