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Blue Jays Notes: Atkins, Shapiro, Price

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The Blue Jays officially introduced Ross Atkins as the team’s new general manager in a press conference yesterday.  Here are some of the most noteworthy items from that presser, as per the National Post’s John Lott, Sportsnet’s Shi Davidi and Sportsnet’s Ben Nicholson-Smith…

  • Atkins will slowly ease into the job over the offseason, a transition necessitated by the late timing of his hiring and the fact that interim GM Tony LaCava has already completed many of the club’s big winter plans.  LaCava will “work us through the Winter Meetings and through this offseason as the leader of our decision-making. I’ll support and complement any way that I can,” Atkins said.
  • Atkins, LaCava, Royals assistant GM Rene Francisco and a mystery candidate were the four finalists for the job.  While Atkins was cited as a potential favorite from the moment the Jays’ GM job became available, team president/CEO Mark Shapiro consulted with an executive recruitment firm to make sure he wasn’t showing any bias towards his long-time former charge from the Indians front office.
  • While Atkins thinks the rotation is already strong enough to contend, he said the Jays will look to add starting depth.  With Marcus Stroman, R.A. Dickey, J.A. Happ and Marco Estrada already locked into rotation jobs, Shapiro expects “three or four” pitchers to battle for the fifth spot in Spring Training, one of whom will be the newly-acquired Jesse Chavez.
  • The Jays aren’t at their payroll limit, Shapiro said, though he didn’t elaborate on any specific dollar amount.  When asked if he’d requested a payroll increase from ownership in the wake of the Blue Jays’ big attendance increase during their late-season pennant drive, Shapiro said “Yes, and that’s obviously happened.”
  • Though Toronto has already addressed its biggest need in the form of rebuilding the pitching staff, that doesn’t necessarily mean the team is done for the winter.  “Because we have filled the largest holes, we are open to being very creative the rest of the offseason. So we have the ability to examine a lot of scenarios,” Shapiro said.
  • David Price left the Jays to join the division rival Red Sox on a record seven-year, $217MM contract.  Toronto was never considered to be a major contender to re-sign Price since the bidding was expected to be too high, though the team had a natural interest in bringing the ace southpaw back.  “It’s never a question of do you want David Price,” Shapiro said. “That’s silly.  Of course, yes, we want David Price.  It’s a question of how do you build a championship team within the parameters you’re given.  It’s as simple as that.  We have all the resources necessary to build a championship team, but they’re not unlimited.”
  • Former Indians manager Eric Wedge has been in talks to join the organization in some capacity, though Shapiro said no hiring was imminent and that Wedge wouldn’t be taking a job currently filled by another employee.
  • Several front office areas will be addressed, with the hiring of a new director of Latin American operations being a “top of the list” priority for Atkins.  The Blue Jays will also look to bulk up their analytics department, as well as their training and conditioning departments.

Red Sox Notes: Price, Donaldson, Ramirez

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The Red Sox identified David Price as their top free agent target early on, and they began courting him in November as principal owner John Henry and a variety of top Sox execs all traveled to Nashville, Jason Mastrodonato of the Boston Herald writes. Price, in turn, peppered the Sox with questions about their commitment to winning, even asking about this year’s first-round draft pick Andrew Benintendi. GM Mike Hazen walked through the Sox’ entire 40-man roster. Ultimately, Price was swayed. “The youth that we have, the team we can put out there on Opening Day right now, I think that’s very special,” he said today. Negotiations continued after Thanksgiving, and the Red Sox’ willingness to give Price an opt-out helped lead to the signing. Here are more quick notes from out of Boston, where Price was introduced this afternoon.

  • The Sox’ future payroll projections helped convince them to make a bold move and sign Price, Alex Speier of the Boston Globe writes. The team has significant contracts coming off the books in all of the next four seasons, and with the team beginning to rely on a young core that includes Xander Bogaerts, Mookie Betts, Blake Swihart, Eduardo Rodriguez and others, allowing them to pay Price far into the future without worrying too much about his salary derailing them.
  • Price’s former teammate Josh Donaldson thinks Price will have a huge impact on the Sox, Scott Lauber of the Herald writes.  “He’s the kind of pitcher that affects the team for three or four days because he’s going to save your bullpen. He’s going to go up there and eat up innings for you the entire time,” says Donaldson. “And in the clubhouse, he’s a great player but an even better person.”
  • Before signing Price, the Red Sox looked deeply into the trade market to try to find an ace, Tim Britton of the Providence Journal tweets. Ultimately, though, many trade talks ended quickly, as the Sox blanched at teams’ opening asking prices.
  • The Red Sox were able to add Price and Craig Kimbrel this offseason, but they aren’t going to be able to get rid of Hanley Ramirez, Lauber writes. Ramirez has $66MM left on his contract and doesn’t have a defensive position, and the recent non-tenders of Pedro Alvarez and Chris Carter — both of them younger and much less costly than Ramirez — show that there won’t be much of a market for an expensive and flawed hitter like Ramirez this winter. Ramirez, for his part, doesn’t think there’s anything fundamentally wrong, even after a season in which he didn’t hit especially well and was a disaster defensively. “The thing is, in April, nobody said anything. I had 10 homers,” he says. “I know how it is. It’s the media. When you’re struggling, things are going to come out. I just got to hit and that’s it, and everything’s going to be fine.”

Epstein On Price, Baez, Samardzija

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Here’s the latest from Cubs president of baseball operations Theo Epstein, mostly several reporters, including ESPN Chicago’s Jesse Rogers and the Daily Herald’s Bruce Miles.

  • Epstein says there was strong mutual interest between the Cubs and David Price, but that the Red Sox made a bigger offer, Rogers tweets. Rogers adds that he hears the Cubs were not especially interested in Jordan Zimmermann, who ultimately signed with the Tigers.
  • The Cubs will, however, continue to look for pitching depth, as Miles tweets.
  • Javier Baez will play at least some center field during winter ball, Miles tweets. Given the Cubs’ crowded infield, the ability to play center might provide Baez with a path to more playing time in the big leagues. (To this point, Baez has never played the outfield, either in the Majors or the minors.) Epstein says a platoon in center could be an option, as Rogers notes.
  • Epstein says the Cubs’ discussions with Jeff Samardzija “tastes great and is less filling,” Gordon Wittenmyer of the Chicago Sun-Times tweets. Earlier today, ESPN’s Jayson Stark wrote that the Cubs might be becoming uncomfortable with Samardzija’s price.
  • Along with starting pitching and and a center fielder / leadoff hitter type, Epstein didn’t discount the possibility of adding relievers, Mark Gonzales of the Chicago Tribune tweets.

Red Sox Designate Garin Cecchini

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The Red Sox have announced that they’ve designated corner infielder and outfielder Garin Cecchini for assignment. The move clears space on their roster for David Price.

Following a 2013 season in which he hit .322/.433/.471 between Class A+ Salem and Double-A Portland, Cecchini was regarded as a top prospect — prior to the 2014 season, Baseball America rated him the 74th best prospect in the game. Since then, though, the 24-year-old’s stock has slipped, as he struggled to establish himself at Triple-A Pawtucket. This season, he batted .213/.286/.296 there (while playing mostly left field, although he also appeared in 42 games at the infield corners) and went 0-for-4 in two games in the big leagues. He is, however, still young enough that other clubs could find him to be an attractive option as a waiver claim.

Red Sox Sign David Price

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The Red Sox have announced that they’ve signed ace lefty David Price to a seven-year, $217MM contract. The Bo McKinnis client will sign the largest contract for a pitcher in history when the deal becomes official, narrowly eclipsing Clayton Kershaw’s $215MM contract with the Dodgers. Price’s deal contains an opt-out after the third year. He will receive $30MM in each season from 2016-18, $31MM in 2019 and $32MM per year from 2020-22. As FOX Sports’ Ken Rosenthal tweets, Price’s $31MM average annual value ties Miguel Cabrera for the richest AAV in Major League history. Price will not receive a no-trade clause.

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Price, who turned 30 in August, is the consensus top free agent on this season’s market and gives the Red Sox the bona fide ace that many feel their rotation needs to function as a serviceable unit. He’s coming off a second-place finish in the American League Cy Young voting (Houston’s Dallas Keuchel took home first-place honors) after tossing 220 1/3 innings of 2.45 ERA ball with 9.2 K/9, 1.9 BB/9 and a 40.4 percent ground-ball rate between the Tigers and the Blue jays. That type of production has come to be expected of Price, who has averaged 217 innings and a 2.97 ERA per season dating back to the 2010 season.

The opt-out clause affords Price the chance to again test the open market heading into his age-33 season. It will be a challenge although not impossible, for Price to be able to secure more than the four years and $127MM that remain on his contract at the point at which he can opt out. For comparison, Price’s main competitor in free agency, Zack Greinke, opted out of the remaining three year on his $147MM contract to begin this offseason, but he did so entering his age-32 season (one year younger than Price will be after the 2018 campaign) and with $71MM remaining on his contract.

Price will immediately slot into the top spot in Boston’s rotation and be joined by some combination of Clay Buchholz, Eduardo Rodriguez, Wade Miley, Rick Porcello, Joe Kelly and Henry Owens to round out the remainder of the starting five. His addition gives Boston a surplus of useful starting pitchers from which it could deal to address other needs throughout the roster, possibly in the bullpen or possibly for further starting pitching upgrades.

The move represents the second major transaction pulled off by new president of baseball operations Dave Dombrowksi this offseason. The former Tigers GM is more than familiar with Price, having acquired him from the Rays in a trade that cost him Austin Jackson, Drew Smyly and Willy Adames in July of 2014 and having traded him to the Blue Jays in exchange for young left-handers Daniel Norris, Matt Boyd and Jairo Labourt this past July shortly before being dismissed in Detroit. In his first major order of business atop the Red Sox’ baseball operations hierarchy, Dombrowski spent extravagantly in a different manner, surrendering four prospects — Manuel Margot, Javier Guerra, Carlos Asuaje and Logan Allen — to acquire an elite closer from the Padres in the form of Craig Kimbrel.

Such transactions are the types we’ve come to expect from Dombrowski dating back to his Tigers days, but they represent a dramatic philosophical shift for the Red Sox, who previously shied away from long-term commitments of this nature and went to great lengths to build up their farm system under previous general manager Ben Cherington (who resigned after Dombrowski was hired). In order to make moves of this magnitude, Dombrowski likely had to sell ownership on a new direction for the club that aligned more closely with the strategies he employed while guiding the Tigers to a pair of American League pennants and three division titles from 2006-13. Of course, it remains to be seen whether the thus-far bold actions of Dombrowski, Red Sox GM Mike Hazen and the rest of the team’s decision-makers will lead to similar success in Boston.

The Price contract is a significant departure from the reported $144MM that the Tigers felt comfortable offering to Max Scherzer while under Dombrowski’s watch, although the Red Sox have a different long-term financial outlook — namely that they don’t have mega-contracts on the books for Justin Verlander and Miguel Cabrera, as Detroit did. The contract also shows how far ownership’s thinking has come since attempting to retain Jon Lester with a reported four-year, $70MM offer that was ultimately boosted into the $120MM range but never approached the $155MM that Lester received from the Cubs.

With Price and Jordan Zimmermann now off the market, Greinke and Johnny Cueto are the top remaining arms on the market. As the top-tier names begin to come off the board, the second tier of free agent starters — highlighted by names such as Jeff Samardzija, Mike Leake, Wei-Yin Chen, Scott Kazmir and Yovani Gallardo — should come into play. Jason Heyward now stands as the top-ranked free agent from MLBTR’s Top 50 list, wherein we pegged Price to land exactly $217MM over a seven-year span (albeit from the incorrect team and without the inclusion of an opt-out clause, which does strengthen the deal’s overall value for Price).

Peter Abraham of the Boston Globe initially reported that Price and the Red Sox were in agreement. Ken Rosenthal of FOX Sports tweeted that Price would receive an opt-out after three years. Bob Nightengale of USA Today, Jerry Crasnick of ESPN and Jon Heyman of CBS Sports first reported details of the contract’s structure.

Photo courtesy of USA Today Sports Images.

Details, Reactions And Effects: The David Price Deal

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Here’s a roundup of reactions to and news about David Price’s seven-year, $217MM pact with the Red Sox.

  • The signing came together partly as a result of maneuvering regarding Price’s fellow free agent starting pitcher Zack Greinke, Ken Rosenthal of FOX Sports writes (Twitter links). The Dodgers and Giants wanted Greinke to make a decision, while Greinke wanted to know where the Red Sox stood. The Sox, who had increased their offer to Price yesterday, wanted him to come to a decision so they knew whether to turn their attention to Greinke or possibly others.
  • The Cardinals made the second-best offer to Price, Bob Nightengale of USA Today writes. Their seven-year offer was, however, worth $30MM less than that of the Red Sox. The Cubs also met with Price, but did not extend an actual offer.
  • The Red Sox’ willingness to offer a deal with no deferred money helped persuade Price to sign quickly, ESPN’s Jerry Crasnick tweets. (Of course, it must have also helped that the Red Sox’ offer was so much more lucrative than anyone else’s.) Price’s contract contrasts with the seven-year, $210MM deal Max Scherzer got last offseason, for example — although the dollar figures appear similar, Scherzer’s deal contains plenty of deferred compensation that reduces the deal’s present-day value. (Price’s deal also includes an opt-out after three years, while Scherzer’s does not.)
  • Red Sox president of baseball operations Dave Dombrowski says the team is likely done making significant moves, reports John Tomase of WEEI.com. “We’€™ll be open-minded going into the Winter Meetings,” Dombrowski says. “We’ll see what happens over the next few days leading into that, but be in a position that I think our major moves are done.  But when you go to the Winter Meetings, you can never tell what happens.” In addition to reaching an agreement with Price this offseason, the Red Sox have, of course, traded for closer Craig Kimbrel and signed outfielder Chris Young.
  • Like Nightengale, Rosenthal also writes that Boston “blew away the field” with their offer. Rosenthal also notes that Price’s successes after being traded from the Rays to the Tigers and then the Blue Jays might have helped convince former Tigers exec Dombrowski that Price could succeed in a tough market.
  • Price’s 2016 salary will add to a Sox payroll that appears likely to result in a large luxury tax penalty, Alex Speier of the Boston Globe writes. They could end up with a $215MM payroll for luxury tax purposes, which would result in a bill of about $9MM — 30% of the amount they spend over the $189MM threshold.
  • The $31MM average annual value of Price’s contract isn’t a bad one for a large-payroll team like the Red Sox, and Price fits the Sox’ needs perfectly, writes ESPN’s Keith Law (Insider-only). Price immediately becomes by far the Red Sox’ best starter, and his combination of relative youth and good offspeed stuff suggests that he should age relatively gracefully in the next several seasons. Price’s addition should also help the team move Joe Kelly to a relief role for which he’s well suited. And signing Price, rather than, say, Greinke helps the Red Sox keep the 12th overall pick in next year’s draft, since Price wasn’t eligible to receive a qualifying offer after being traded at midseason.
  • Price is a true ace, but the Red Sox are taking on lots of risk with his contract, Barry Svrluga of the Washington Post writes. Lengthy deals for pitchers frequently turn out to be troublesome, and if Price doesn’t take advantage of his opt-out, the last four years of his contract could become a headache. Also, Svrluga writes, Price (who has a 5.12 career ERA in 63 1/3 playoff innings) still must prove he can step up in the postseason.

Cubs Notes: Samardzija, Zobrist, Leake, Lackey

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ESPN Chicago’s Jesse Rogers has penned a column on the status of the Cubs’ targets in free agency at present. To this point, the team hasn’t given any indication that a pursuit of either Zack Greinke or Johnny Cueto is a possibility, leaving David Price as the sole top-tier arm that the Cubs could be expected to pursue, Rogers writes. The Cubs’ Plan B in terms of free-agent pitchers focuses on Jeff Samardzija at this point, according to Rogers, and sources tell him that the team is also in the mix for Ben Zobrist. Signing Zobrist would all but ensure a trade of Starlin Castro, but of course, there is widespread interest in Zobrist, who is one of the most popular free agents on this year’s market. Rogers lists Jason Heyward as a perhaps speculative target but notes that president Theo Epstein has pointed out in the past how young the game is getting, and Heyward, 26, would indeed fit into the Cubs’ youth movement in terms of position players. I’d imagine that signing Heyward would create further trade speculation surrounding Jorge Soler and Kyle Schwarber, though Rogers doesn’t indicate that Heyward is a top target of the Cubs as things presently stand, so much of that speculation would be putting the cart before the horse.

Here are a few more notes pertaining to the Cubs…

  • CSN Chicago’s David Kaplan hears that the Cubs are active on many fronts at this point but still doesn’t believe that the Cubs will be significant players for Price or Greinke (links to Twitter). Kaplan hears that the Cubs are currently active on the trade market and are also in touch with the representatives for Samardzija, Mike Leake and John Lackey. Unsurprisingly, the Cubs’ highly touted farm system has many names that are in high demand as the team explores the trade market for starting pitching. Any of Samardzija, Leake or Lackey would give the Cubs a strong third starter to slot behind Jake Arrieta and Jon Lester in the rotation.
  • Paul Sullivan of the Chicago Tribune writes that the difference between this winter and last offseason for the Cubs is that Epstein & Co. can now sell prospective free agents on the allure of joining a contender rather than preaching patience and trust that the rebuild will deliver a winning club. Epstein also explained to Sullivan a number of non-monetary incentives that the Cubs pitch to players, including the team’s new clubhouse and the programs the Cubs have set up for the families of players to enjoy upon relocating to Chicago. “Just little things behind the scenes we do that really impact the lives for our players’ families they may not be aware of,” said Epstein. Of course, as Sullivan notes, those factors alone probably won’t outweigh the difference between tens of millions of dollars, but they could help tip the scales in Chicago’s favor should they make a similar offer to another club for a free agent target.
  • Epstein noted today that the club’s early-offseason moves haven’t been without their importance, as Rogers reports. “Depth is underrated, especially in the winter,” said Hoyer. “Everyone will write out lineups in the offseason and they don’t focus on bench, they don’t focus on the bullpen, they don’t focus on guys in Triple-A that are going up and down. Over the course of six months, those are the little moves that make a huge difference.” But Hoyer made clear that more impactful transactions are coming in the near term, with the organization prepared to adapt as the market explodes. “You have to stay nimble and know things will come at you that you might not have expected,” he said. “Some team will throw an idea at us that we never thought about.”

Rosenthal On Cardinals, Cubs, Dodgers, Cueto, Ross

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Ken Rosenthal of FOX Sports has a new notes column that contains quite a few Hot Stove related items. Some highlights from his latest piece…

  • There’s a belief in the industry that the Cardinals’ new television deal — which begins in 2018, when it will net the team $50MM and continue to rise to about $86MM, per Forbes — could allow the team to sign two premium free agents. Rosenthal adds, though, that the Cardinals could nonetheless be uncomfortable making the top bid for David Price or Jason Heyward and might be “reluctant” to commit the type of dollars Chris Davis will command.
  • Meanwhile, the Cubs probably only have the financial firepower to add about $20MM to their annual payroll this winter. Sources tell Rosenthal that the club’s payroll will be in the $130-140MM range for the foreseeable future. Based on the numbers at Cot’s Contracts and MLBTR’s arbitration projections, the Cubs are a bit over $110MM in 2016 when including league-minimum players. That leaves some wiggle room for two adds, but probably not if one of those players is Price or Zack Greinke. Rosenthal notes that the Cubs could add a young pitcher via trade, possibly for Jorge Soler. That wouldn’t impact payroll much in the near-term and would free the club to pursue Heyward or Alex Gordon to reduce the team’s overall strikeout rate (and improve the outfield defense).
  • The Dodgers have at least discussed the possibility of signing both Greinke and Price internally, according to Rosenthal, but they’re unlikely to go that route. Even the Dodgers and their seemingly limitless budget aren’t keen on the notion of paying three starters in the vicinity of $30MM annually, and they already have one such pitcher in Clayton Kershaw.
  • That J.A. Happ landed a $36MM total from the Blue Jays could serve to increase the leverage that teams like the Indians and Rays have in talks for their starting pitchers. One exec told Rosenthal that “mediocre pitching” now costs a minimum of $30MM total. While that’s true enough, I don’t know that the Happ signing necessarily brought that realization about. We’ve seen players like Jason Hammel, Jason Vargas and Ricky Nolasco clear the $30MM barrier in recent seasons, after all, and Happ’s final push in Pittsburgh shows he’s at least capable of pitching at a high level if those adjustments can be sustained.
  • The D-Backs’ interest in Johnny Cueto stems, in part, from the fact that he’s not tied to draft pick compensation. Arizona selects 13th overall next season and values that pick, Rosenthal writes. The team is reluctant to part with one of the top overall unprotected picks and probably isn’t likely to part with it for a second-tier starter (e.g. Jeff Samardzija, Wei-Yin Chen). Arizona has already been tied to both Mike Leake and Kenta Maeda, either of whom could bolster the rotation without harming next year’s draft.
  • The Padres are still receiving plenty of interest in right-hander Tyson Ross but are only willing to move him for a “monster package,” as Rosenthal terms it. Ross is controlled for two more seasons, and MLBTR projects him to earn $10MM in 2016.
  • Prior to Colby Rasmus accepting their qualifying offer, the Astros considered making a run at Brett Gardner or a similar type of player to fill the club’s leadoff slot, per Rosenthal. Now, however, they’ll likely use Jose Altuve there as the primary option again in 2016.

Blue Jays Notes: Rotation, Bullpen, Price

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The Blue Jays have committed about $130MM to their 2016 roster, writes Ben Nicholson-Smith of Sportsnet.ca. The club has signed three mid-rotation starters to go with three already signed options. GM Tony LaCava will continue to search for pitching, both starters and relievers. Per LaCava, “we do think the offence is one of the best in the game, so we’re not really interested in looking too much at improving that.” Toronto led baseball with 891 runs scored – 127 more runs than the second place Yankees. And the lineup as currently constructed is arguably stronger than before.

Here’s more from north of the border:

AL East Notes: Price, Happ, Davis, Maeda

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The Blue Jays’ signing of lefty J.A. Happ strongly suggests that David Price won’t be returning to Toronto next year, Jon Morosi of FOX Sports writes. Price’s acquisition was emblematic of the go-for-broke approach former GM Alex Anthopoulos took, and it isn’t like new team president Mark Shapiro to make similarly dramatic, risky moves. Instead, Shapiro and interim GM Tony LaCava have addressed the Jays’ rotation needs more quietly, with the signing of Happ, the re-signing of Marco Estrada and their trade for Jesse Chavez. “We obviously had multiple holes to fill in our pitching staff, and our front-office team felt diversifying the risk among multiple pitchers who could start was important, both due to our need at the (big-league) level and our lack of Triple-A depth starting pitchers,” Shapiro says. Here’s more from the AL East.

  • Happ wasn’t the same pitcher he was in Pittsburgh as he had been previously, Arden Zwelling of Sportsnet.ca writes. He allowed fewer walks, his velocity increased, and he leaned harder on his fastball, leading to a brilliant 1.85 ERA in 11 starts. The Blue Jays, then, will have to see if the adjustments Happ made in Pittsburgh can continue to help him.
  • No one involved with sports negotiations likes the phrase “hometown discount,” but if Chris Davis is to return to the Orioles, he’ll have to give them that discount, Dan Connolly of the Baltimore Sun writes. The Orioles believe they can make Davis a competitive offer, just not one quite as large as he might be able to get elsewhere. They can hope that such a competitive offer might be enough to lure Davis, a beloved player in Baltimore and a good fit at Camden Yards, to return. Davis’ agent Scott Boras might have something to say about that, of course, but as Connolly notes, the choice will ultimately be Davis’.
  • Japanese righty Kenta Maeda could be one possibility for the Red Sox this offseason, Jason Mastrodonato of the Boston Herald writes. Maeda recently asked his NPB team, the Hiroshima Carp, to post him. With the Tigers, new Red Sox president of baseball operations Dave Dombrowski wasn’t usually a top bidder for the best talents from abroad. The Sox, however, have signed top foreign players like Yoan Moncada, Rusney Castillo and Daisuke Matsuzaka, so perhaps they’ll be contenders for Maeda as well. Maeda could represent a lower-priced alternative to top free agents like Price and Zack Greinke.
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