Rangers Acquire Geovany Soto
The Rangers officially acquired a former Rookie of the Year today, getting catcher Geovany Soto and cash from the Cubs for minor league pitcher Jake Brigham and a player to be named later or cash.
Soto, 29, has a .195/.278/.345 batting line in 194 plate appearances this year. The 2008 NL Rookie of the Year earns $4.3MM in 2012 and is on track to go to arbitration for the third time this offseason. However, he could be non-tendered given his salary. The Mets also had interest in trading for Soto.
The move led to the Rangers designating catcher Yorvit Torrealba for assignment. If Soto's production improves, Texas will have an in-house alternative to Mike Napoli when he hits free agency this offseason. Otherwise, the Rangers could non-tender Soto and let him test the free agent market a year early.
Brigham, a 24-year-old right-hander, had been pitching at Double-A Frisco. He has a 4.28 ERA with 8.4 K/9 and 3.3 BB/9 in 124 innings over the course of 21 starts this year. Brigham is a fringe arm, Ben Badler of Baseball America writes (on Twitter). ESPN's Keith Law says he has "a plus fastball and power breaking ball but lacks the command and the third pitch to start."
Ken Rosenthal of FOX Sports first reported that a trade would take place and Tim Brown of Yahoo first reported that the Rangers acquired Soto. Photo courtesy of US Presswire/Benny Sieu.
Braves Acquire Reed Johnson, Paul Maholm
The Cubs have traded left-hander Paul Maholm, outfielder Reed Johnson and cash considerations to the Braves in a four-player trade that provides Atlanta with reinforcements for the season's final two months and bolsters Chicago's minor league system. The Cubs obtain right-handers Jaye Chapman and Arodys Vizcaino in the trade, which the teams have announced.
Maholm has a 3.74 ERA with 6.1 K/9, 2.5 BB/9 and a 49.9% ground ball rate in 120 1/3 innings for the Cubs this year. The 30-year-old has never thrown particularly hard; his average fastball checks in at 87.6 mph this year, according to FanGraphs. He earns a $4.75MM salary in 2012 and his contract includes a $6.5MM club option for 2013. The Royals and Pirates appeared to have interest in Maholm earlier this month.
Johnson, 35, has a .307/.361/.452 batting line in 180 plate appearances this year. The right-handed hitter has played all three outfield positions for the Cubs and owns a career .313/.370/.469 line against left-handed pitching. He's signed to a one-year, $1.15MM contract and will hit free agency after the season. Four teams made offers for Johnson today, including the Pirates and Tigers, according to Bruce Levine of ESPNChicago.com.
Vizcaino, who entered the 2012 season ranked by Baseball America as the 40th-best prospect in MLB, had Tommy John surgery this spring. The 21-year-old posted a 3.06 ERA with 9.3 K/9 and 2.6 BB/9 in 97 innings for three Braves affiliates as he made his way through Atlanta's minor league system in 2011. The right-hander reached the Major Leagues last year, posting a 4.67 ERA with 8.8 K/9 and 4.7 BB/9 in 17 relief appearances.
Chapman, a 25-year-old right-hander, has a 3.52 ERA with 10.1 K/9 and 4.9 BB/9 in 53 2/3 innings of relief for Atlanta's Triple-A team so far in 2012. The Braves selected him in the 16th round of the 2005 draft.
Maholm joins a Braves rotation that includes Tim Hudson, Tommy Hanson, Mike Minor, Ben Sheets and, as of tomorrow, Kris Medlen. The Braves nearly traded for Ryan Dempster this month, but the sides don't appear to have obtained the right-hander's permission.
Geovany Soto has been traded to the Rangers in a separate move.
Jon Heyman of CBSSports.com first reported that Johnson had been traded (on Twitter). Jon Paul Morosi of FOX Sports first reported Maholm's role in the trade and first reported that the Braves were the other team involved (Twitter link). ESPN.com's Jerry Crasnick first reported that the Cubs were getting two minor league pitchers, including Chapman. Ken Rosenthal of FOX Sports reported that the Cubs were getting Vizcaino. Photo courtesy of US Presswire.
Heyman On Morneau, Dodgers, Athletics, Mets
The latest from Jon Heyman of CBS Sports:
- The Dodgers, Blue Jays, and Giants "appear to have some interest" in Twins first baseman Justin Morneau. Heyman notes that the Dodgers are looking at many offensive options, possibly as many as 10. Morneau, 31, has somewhat bounced back to a .260/.322/.457 line after a 2011 season lost to concussion symptoms and other injuries. He has $5MM in salary remaining this year and is owed $14MM in 2013.
- The Athletics' top two choices for a shortstop upgrade are still Stephen Drew of the Diamondbacks and Yunel Escobar of the Blue Jays. The A's remain interested in Padres third baseman Chase Headley as well, but Heyman finds a match unlikely.
- The Mets have talked about Geovany Soto of the Cubs, Kelly Shoppach of the Red Sox, and Ramon Hernandez of the Rockies, but the prices are too high on these catchers. Heyman says the Mets may be willing to delay their catcher search until the winter.
Projected 2013 Salaries For Pence, Choo, Headley
You may remember Matt Swartz from such MLBTR projects as the 2012 arbitration projections. Matt's model was very accurate the first time through, and he's made it even better for the 2013 projections. I asked Matt for a sneak peek at 2013 projected salaries for some arbitration eligible trade candidates. He used Dan Szymborski's rest-of-season ZiPS projections to account for the remainder of the 2012 season.
- Hunter Pence: $14.3MM
- Jason Vargas: $8.1MM
- Shin-Soo Choo: $7.6MM
- Chase Headley: $6.1MM
- Geovany Soto: $4.6MM
Mets, Cubs Discussed Geovany Soto
The Mets talked with the Cubs about the possibility of trading for catcher Geovany Soto, Andy Martino of the New York Daily News reports. However, the sides aren’t likely to complete a trade.
While the Mets are comfortable entering the 2013 season with Josh Thole as their everyday catcher, they’d like to add a proven backstop who bats from the right side to complement Thole. The Mets could re-start talks for Soto or another right-handed hitter this offseason, Martino reports. The Mets also had some interest in Ramon Hernandez and Kelly Shoppach, but couldn’t agree on a price with the Rockies or Red Sox.
Soto, 29, has a .195/.278/.345 batting line in 194 plate appearances for the Cubs this year. The 2008 NL Rookie of the Year earns $4.3MM in 2012 and will go to arbitration for the third time this offseason unless he's non-tendered.
Make Or Break Year: Geovany Soto
In the aftermath of Geovany Soto's big 2010 season, the catcher was being looked at as extension candidate, in line for a healthy multiyear contract. The Cubs held off extending Soto and instead chose to go year-to-year in arbitration, which may have proven to be a wise decision. Soto followed up his .280/.393/.497 performance in 2010 with a disappointing .228/.310/.411 slash line in 2011, and has thus far gotten off to a slow start this season, with just a .526 OPS entering tonight's play. (Though, in fairness, Soto's .157 BABIP indicates he's been very unlucky.)
Soto earned $3MM in 2011 and $4.3MM this season during his first two arb-eligible years and is due for one more trip through the arb process before hitting free agency after the 2013 campaign. We can tentatively predict Soto to earn around $5.5MM next year since even if he continues to hit poorly, I think the Cubs will still tender him a contract. Soto's big 2010 season and his Rookie Of The Year campaign in 2008 are still too fresh in everyone's memory, and since solid-hitting catchers are such a commodity in the game, the Cubs will likely give Soto another chance to regain his past form.
"Likely," however, is not a certainty. Soto is a middling-to-below average defender, so unless his bat heats up, he has little value. Chicago has another catching prospect in 25-year-old Welington Castillo, who has posted an .852 OPS in 590 Triple-A plate appearances and is currently serving as the Cubs' backup with Steve Clevenger on the DL. Jed Hoyer could go in a different direction next year, using Castillo and Clevenger (who also has some good minor league numbers) in a righty-lefty platoon, possibly with a veteran brought into the mix during Spring Training to add depth.
If the Cubs do give up on Soto, it's more likely that they would try to deal him at the trade deadline rather than non-tendering him for nothing in return. The Rays are the most notable contender with a clear need at catcher, though a number of other teams could develop a hole behind the plate by the end of July. If Soto can't get his bat going, expect him to be dealt for a low-level prospect to a team in need of a backup catcher. If Soto does hit, however, he'll keep his job in Chicago for at least one more season, though the Cubs will still be right to hold off on an extension until they see what Soto does in 2013.
Photo courtesy of Howard Smith/US Presswire
Cubs Avoid Arbitration With Geovany Soto
The Cubs avoided arbitration with catcher Geovany Soto by agreeing to a $4.3MM deal, tweets Jon Heyman of CBS Sports. MLBTR had projected the Wasserman Media Group client for $4MM. The Cubs still have a slew of unsettled cases.
Quick Hits: Wilson, Santana, Mets, Soto, Chen
When George Kottaras hits for the cycle, left-hander Tom Milone homers on the very first pitch he sees in the Major Leagues and the Tigers come back from an 8-1 deficit for a 9-8 win over the White Sox, you know it's been a wild day in baseball. Let's end it off with some news items…
- The Rangers should offer C.J. Wilson a five-year contract worth between $92.5 and $97.5MM, writes Jean-Jacques Taylor for ESPN Dallas, but not any more than that since Wilson isn't quite one of the game's elite aces. If you think that Wilson isn't worth that kind of money, remember that unless C.C. Sabathia opts out of his deal, Wilson will be clearly the best free agent arm on the market this winter. MLBTR's Tim Dierkes thinks Wilson could even score a $100MM contract.
- Kaja Whitehouse of the New York Post isn't impressed by the Mets' plan of offering ownership "units" worth $20-$30MM to several different investors. She believes the club will find it hard to find investors willing to buy in without getting any say in the franchise's operations.
- Johan Santana threw 30 pitches for Class A St. Lucie today in his first minor league appearance since July 28, reports Adam Rubin for ESPN New York. Mets manager Terry Collins didn't rule out the possibility that Santana could pitch in a Major League game this season.
- The Cubs' new general manager may have a difficult decision to make about Geovany Soto, writes Patrick Mooney for CSNChicago.com. While Soto will have to rebound in 2012, it's hard to imagine any new GM immediately getting rid of a catcher who has performed very well in two of four Major League seasons.
- Bruce Chen tells Tyler Kepner of the New York Times that he wants to return to the Royals next season, what he's learned from pitching for 10 different organizations and how he wants to be like Jamie Moyer. Will MLBTR still be writing posts about Chen in 2025?
- Juan Rivera's performance for the Dodgers has convinced the team that it needs another big bat for next season, reports MLB.com's Ken Gurnick. That big bat is intended for first base or left field, which would mean that the Dodgers would part ways with either Rivera or James Loney.
Giants Interested In Ramon Hernandez
The Giants like Ramon Hernandez, according to Henry Schulman of the San Francisco Chronicle (Twitter links). San Francisco has been looking for catching help since Buster Posey got injured in late May, but the front office is not talking to the Cubs about Geovany Soto or Koyie Hill, Schulman reports.
The Reds have the depth to part with Hernandez, who earns $3MM this year and is hitting .307/.368/.500 with eight home runs. Cincinnati could rely on Ryan Hanigan and prospect Devin Mesoraco if they trade Hernandez in an attempt to return to .500 and repeat as NL Central champions.
Yorvit Torrealba, Ivan Rodriguez and Ronny Paulino are three of the other catchers that have come up in San Francisco's internal discussions. I examined Hernandez as a trade candidate last week.
Only One Extension For Catchers This Offseason
Extension season might not be over yet, but if recent history is any indication, we've seen most or all of this spring's extensions. You have to go back to 2008 to find an extension completed in May or June, so there's a chance that Ryan Braun's deal will be the last one of its kind for a few months.
If that's the case, 37 players will have signed extensions since the beginning of the 2010-11 offseason. Exactly one of those players, Ryan Hanigan of the Reds, is a catcher. It's noteworthy, if not downright surprising, that no starting catchers signed extensions when you consider that dependable catching is hard to come by and that teams spent aggressively last winter.
Unlike the 2009-10 offseason, when the Twins extended Joe Mauer, no backstop was an obvious candidate for an extension. Mike Napoli is getting expensive and he doesn't have a reputation as a good defender. Matt Wieters hit just .249/.319/.377 last year, so it's understandable that the Orioles didn't commit to him on a mutliyear deal. And it would have made little sense for the Indians to extend Carlos Santana, who had an operation to repair a damaged knee ligament (his LCL) last August.
Buster Posey was an extension candidate, but there's no rush for the Giants to extend him, since he's under team control through 2016. Perhaps the 2010 NL Rookie of the Year will be in line for a long-term deal after 2011 if he repeats his breakout rookie performance.
Geovany Soto would have been a more traditional candidate for an extension. He hit .280/.393/.497 with 17 homers last year and was arbitration eligible for the first time in his career after the season. Soto is young enough for the Cubs to want him to keep him around (28) and close enough to free agency that they might be thinking about securing his services for an extra season or two (Soto is eligible for free agency after 2013). They didn't agree to terms on a long-term contract and instead signed a one-year, $3MM deal.
Given the circumstances surrounding each extension candidate, it's easier to see why Hanigan was the only backstop to sign long-term. Next year, however, more catchers, including some of the ones above, could sign extensions. Elite catchers don't hit free agency often, so the teams that develop catching may choose to keep it in place long-term by offering promising catchers extensions.