Robinson Cano, Jacoby Ellsbury, Brian McCann, Shin-Soo Choo, and Carlos Beltran all signed big deals within a matter of weeks, and then…baseball fans were left wondering what happened to the stove, and while a watched pot never boils, the wait for the next big signing seems to be longer than the Cubs World Series drought…ZING!
The 2014 free agent class certainly had some impressive names on the list, and after Clayton Kershaw signed his seven-year, $215 million extension on Thursday, the list of 2015 upcoming free agents took a major hit. Teams have a lot of money due to the incoming television mega-deals that Major League Baseball has signed, and that revenue is allowing clubs to lock up many of their homegrown players prior to reaching free agency. With so few superstars actually reaching free agency, it appears that those who do are going to cash in with some lucrative deals, even if they aren’t necessarily worthy such an investment.
Teams seem quite hesitant to lock up the likes of Matt Garza, Ubaldo Jimenez, and Ervin Santana, and while Garza doesn’t require draft-pick compensation like Jimenez and Santana, can you blame teams for not wanting to give out a five-year, $80 to $100 million deal to those types of pitchers? The pitching market will likely be set and begin to move after Masahiro Tanaka signs, which will require a team to give $20 million in a posting fee on top of a $100 million deal for a player who has never thrown a pitch at the Major League level. It seems terrifying from these poor, baseball blogger’s eyes to see teams shelling out this kind of money to:
- Masahiro Tanaka: Tanaka has gone 53-9 with a 1.44 ERA and 0.94 WHIP over 611.1 innings over the last three seasons in Japan – while tossing 30 complete games and averaging eight innings per start over 76 starts. The wear and tear on his arm rivals that of Daisuke Matsuzaka, yet he’ll be the top free agent and teams are clamoring to invest heavily in him. It’s as if teams forgot that Matsuzaka’s shoulder and elbow looked like road kill after 61 starts in Boston – and his career was a train wreck. Is Tanaka worth nine figures?
- Ubaldo Jimenez: Jimenez was 20-25 in his first 61 starts in Cleveland, posting a 5.10 ERA and 1.55 WHIP over 340.2 innings…and then the second half of 2013 happened, and Jimenez was 6-5 with a 1.82 ERA and 1.14 WHIP over 13 starts and 84 innings and he is suddenly an ace! Sure, Indians’ pitching coach Mickey Callaway helped Jimenez with his balance and delivery, but did he make him into the same pitcher who went 15-1 with a 2.20 ERA and 1.05 WHIP in the first half of 2010, or will Jimenez return to the mess that he was in his first 61 starts in Cleveland? Is Jimenez worth $75 to $90 million?
- Ervin Santana: Santana was a salary dump last winter, as the Los Angeles Angels sent him to the Kansas City Royals with $1 million (the Royals paid the remaining $12 million of his contract) after Santana posted a horrific 5.16 ERA, 74 ERA+, 1.27 WHIP and 9-13 record over 30 starts and 178 innings in 2012. Then, Santana went 9-10 with a 3.24 ERA, 127 ERA+, and 1.14 WHIP over 211 innings and 32 starts, and he is the second coming of Christ…or is he? If Santana was the top state-side arm on the market, wouldn’t he be worthy of an offer? Maybe clubs are being cautious of Santana, who has had three full seasons with ERAs over 5.00 and ERA+ under 90, while tossing in five seasons with an ERA under 4.30 and an ERA+ of 106 or more, and they aren’t too keen on the idea of giving $100 million (which Santana was said to be seeking) for such dramatic, roller coaster production. Salary relief or not, Santana was acquired for Brandon Sisk, who missed all of 2013 due to Tommy John surgery, a 28-year-old relief prospect. Is he worth this type of commitment?
Perhaps the slow movement of the pitching market is because of how ugly it actually is once you look at the numbers, while teams could be looking ahead to the 2015 free agency class. Even without Kershaw, there appears to be much better options available, and with so many pitchers with options, could teams be hoping to cash in on acquiring strong pitchers coming off of down seasons who won’t necessarily cost their respective clubs draft-pick compensation?
Here are the names of some pitchers who could reach free agency next winter if their options are not picked up:
- Brett Anderson: $12 million or $1.5 million buyout
- Chad Billingsley: $14 million or $3 million buyout
- Wei-Yin Chen: $4.75 million or $372,000 buyout
- Johnny Cueto: $10 million or $800,000 buyout
- Yovani Gallardo: $13 million or $600,000 buyout
- Hisashi Iwakuma: $7 million or $1 million buyout
- Brandon Morrow: $10 million or $1 million buyout
While these pitcher WILL (at least currently scheduled) reach free agency after the 2014 season:
Homer Bailey, Josh Beckett, Jorge De La Rosa, Ryan Dempster, Gavin Floyd, Kyle Kendrick, Jon Lester, Colby Lewis, Justin Masterson, Brandon McCarthy, Jake Peavy, Wandy Rodriguez, Max Scherzer, and James Shields.
With San Francisco Giants third baseman Pablo Sandoval, Los Angeles Dodgers shortstop Hanley Ramirez, Cleveland Indians shortstop Asdrubal Cabrera, Colorado Rockies outfielder/first baseman Michael Cuddyer, and designated hitters like Detroit Tigers Victor Martinez, Boston Red Sox David Ortiz, and Chicago White Sox Adam Dunn, the hitting market is also relatively strong; although, not as enticing as the possible pitchers who could be available next winter.
There are still some useful names out there on the free agent market, but is it time to wonder whether it is the player names (Nelson Cruz), the draft-pick compensation (Kendrys Morales, Stephen Drew, Jimenez, Santana), or teams looking to the potential free agent market in 2015 that is causing the hot stove to have frozen? With teams reporting to Spring Training in about five weeks, there could be busy days ahead of us, or there could be a lot of agents being replaced by dissatisfied baseball players who were left behind.