How much value did the Red Sox get for their $103 million investment in Daisuke Matsuzaka?

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No official announcement has been made yet quite yet, but various reports confirm that Daisuke Matsuzaka will undergo Tommy John elbow surgery next week.

That means he’s finished for this season and will likely miss most or perhaps even all of 2012, which is the final year of his six-year contract with the Red Sox signed in December of 2006.

Between the posting fee to win his exclusive negotiations rights and the six-year contract Boston made a total investment of $103 million in Matsuzaka. What did they get for that money?

Your mileage may vary, of course, but to my eyes Matsuzaka has had one very good season (2008), two decent seasons (2007, 2010), and two injury wrecked and/or terrible seasons (2009, 2011). Add it all up and he logged 623 innings spread over 105 starts and one relief appearance, posting a 4.25 ERA and 568/301 K/BB ratio while opponents hit .242 with a .720 OPS off him.

Basically he was a solid mid-rotation starter with durability issues, starting 32, 29, 12, 25, and 7 games (plus whatever he contributes next season) with an ERA that was 5-10 percent better than the league average once you adjust for Fenway Park.

According to Fan Graphs’ player evaluation system that performance was worth about $44 million and Matsuzaka also had a 4.79 ERA in seven postseason starts, so let’s bump that up to around $50 million. There are probably also plenty of off-field factors involved in his overall value to the team, but strictly in terms of on-field performance for a six-year, $103 million investment the Red Sox received approximately $50 million worth of value in the form of one good season, two decent seasons, and two (and likely three) bad seasons.

The Giants are considering Pablo Sandoval at second base

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Pablo Sandoval could be tabbed to play second base in the near future, per a report from John Shea of the San Francisco Chronicle. According to Shea, Sandoval has been spotted taking grounders at second during pre-game warm-ups and may be considering switching to the keystone on a part-time basis.

It wouldn’t be the weirdest thing the 31-year-old corner infielder has done this year — that distinction goes to the flawless inning of relief he pitched in a blowout loss against the Dodgers last month. But it would represent a pretty notable departure from his comfort zone even so; Sandoval has primarily manned first and third base throughout his 11-year career in the majors and has also taken a few reps at DH during his resurgence with the Giants in 2018.

Of course, this wouldn’t necessarily be a permanent switch for Sandoval. As Shea points out, the Giants are thin on middle infielders after losing Joe Panik to a torn UCL in his left thumb and backup Alen Hanson to a left hamstring strain. Provided he can get up to speed quickly (no easy feat, according to infield coach Ron Wotus), he’d give the club some added depth behind Kelby Tomlinson and Miguel Gomez until Panik is ready to take the field again. Sandoval has impressed at the plate this spring, batting a healthy .270/.329/.429 with six extra-base hits and a .757 through 70 plate appearances.