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Mets Sign Joe Panik

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1:10pm: Panik’s going to the Mets, Heyman tweets. They just have to clear a roster spot for him.

10:11am: The Mets are “expected to sign” second baseman Joe Panik, Jon Heyman of MLB Network reports (Mike Anthony of MetsmerizedOnline.com first reported the news). Panik will first need to clear waivers, which will occur at 1 p.m. ET, but that looks like a formality. He should join the Mets for Friday night’s game, per Andy Martino of SNY.

It’ll go down as a short stay without a team for Panik, whom the Giants designated for assignment Tuesday and then subsequently released. Because no one will take on Panik via waivers, the Giants will have to pay him the balance of his $3.8MM salary. The Mets will be able to add him for a prorated league-minimum salary.

Panik, 28, was a quality producer as a Giant from 2014-17, but his production has cratered since the beginning of last season. He has slashed just .245/.308/.325 with seven home runs in 780 plate appearances going back to 2018, giving him the majors’ fourth-worst wRC+ (72) among hitters with at least 700 PA. Panik remains a bear to strike out (9.8 K rate, 9.3 BB percentage), but that wasn’t enough to keep him in San Francisco. When the Giants acquired fellow second basemen Scooter Gennett and Mauricio Dubon at last week’s trade deadline, it sealed Panik’s fate with the franchise.

Panik, a Yonkers native who attended St. John’s University, will now try to bounce back in the familiar surroundings of New York. The Mets have an opening at second now that Robinson Cano’s dealing with a hamstring tear. The Cano injury is one of the few things to go wrong of late for the hard-charging Mets, who’ve gone from laughingstocks to serious playoff contenders in a matter of weeks. Winners of 13 of 14, the Mets suddenly own a 59-56 record and sit a mere half-game back in a congested National League wild-card race.

Photo courtesy of USA Today Sports Images.

Mets Interested In Joe Panik

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FRIDAY: There’s “a strong chance” Panik will sign with the Mets when he clears waivers, Martino writes.

THURSDAY: The Mets have interest in Giants second baseman Joe Panik, Andy Martino of SNY.tv reports.  Panik was designated for assignment Tuesday and placed on release waivers yesterday, and he’ll officially enter into free agency at noon CT on Friday if he isn’t claimed by another team in the interim.

The Mets’ interest may hinge on whether or not Panik is actually on the open market.  If Panik were to sign as a free agent, New York would only be responsible for paying him a prorated MLB minimum salary for the rest of the season (roughly $164K) and the Giants would have to cover the $956K still owed to Panik for the remainder of the one-year, $3.8MM contract he signed last offseason.  If the Mets were to just claim Panik off waivers, they’d have to pay him the entire $1.12MM in remaining salary themselves.

As recently noted by The Athletic’s Ken Rosenthal, the Mets are quite close to the luxury tax threshold of $206MM, as Roster Resource estimates New York’s luxury tax number at just under $203.38MM, counting the newly-signed Brad Brach’s minimum salary.  Since the team is loath to make any tax payments and player movement is more difficult now that the trade deadline has passed, the Mets are targeting players like Panik or Brach, who can potentially contribute while their former teams foot the bulk of the bill.  MLB.com’s Anthony DiComo reports that at least one other team besides the Mets has interest in Panik, though it isn’t known if this mystery team is willing to make a claim for Panik, or if they are also waiting for Panik to hit free agency.

Panik would provide New York with a short-term replacement for Robinson Cano at second base while Cano is on the injured list, though it’s a fair question to wonder how much Panik can produce in the wake of his recent performance.  Aside from an All-Star season in 2015, Panik has been a below-average hitter for the rest of his career, including hitting only .245/.308/.325 over 780 plate appearances since the start of the 2018 campaign.  As maligned as Cano’s 2019 season has been, Panik has actually been worse — Cano’s 0.4 fWAR is superior to Panik’s sub-replacement level -0.2 fWAR.

Still, at a minimum price, there’s little harm for the Mets in taking a flier on Panik if nothing else than an extra body in their infield mix.  Panik would also add another left-handed bat to a largely right-handed Mets lineup, and his presence at second base would allow Jeff McNeil to remain largely in the outfield.

Giants Place Joe Panik On Release Waivers

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The Giants announced today that they have placed second baseman Joe Panik on unconditional relief waivers. He had been designated for assignment recently.

This was the likely outcome of the situation once Panik hit DFA limbo. He’d have had the right to elect free agency had he been outrighted. It seems most likely that Panik will end up on the open market. A claiming team would have to take on the remainder of his $3.8MM salary. Instead, they can wait and pay him only for a pro-rated portion of the league minimum salary.

Either way, Panik will be eligible for arbitration one final time in the 2020 season. It’s unlikely he’ll be tendered, but perhaps that’s still possible if he catches on elsewhere and turns things around down the stretch.

Giants Designate Joe Panik For Assignment

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The Giants announced Tuesday that they’ve designated second baseman Joe Panik for assignment and optioned lefty Sam Selman to Triple-A Sacramento. Southpaws Conner Menez and Williams Jerez were recalled from Sacramento in their place.

Panik’s future with the Giants looked to be in question when the club not only acquired well-regarded second base prospect Mauricio Dubon from the Brewers but also veteran second bagger Scooter Gennett from the Reds. Panik, a former first-round pick, has been the Giants’ regular second baseman since debuting in 2014 but has seen his production crater over the past two seasons. In 780 plate appearances dating back to 2018, he’s managed only a .245/.308/.325 batting line.

Injuries have hampered Panik’s career in recent seasons, as he’s missed time due to thumb, groin and back injuries in addition to (most notably) multiple concussions. Panik made the 2015 All-Star team when he hit .312/.378/.455, but he’s never come close to replicating those offensive heights. He’d have been a non-tender candidate this winter by virtue of the fact that he’d be in line for a raise on this season’s $3.8MM salary.

Normally, the Giants would have a week to trade Panik or put him on outright or release waivers. However, with the elimination of August trades, San Francisco’s only recourse will be to waive Panik — likely in the hopes that another club will save them some money by claiming the remainder of his salary. Panik is owed about $1.12MM through season’s end, and any team to claim him would be responsible for the entirety of that sum. If he goes unclaimed, Panik can become a free agent without forfeiting any of that salary. At that point, any team to sign him would only owe him the prorated league minimum through the end of the year — about $164K.

There’s an obvious connection between the Mets, who have lost Robinson Cano to the injured list, and the New York-born Panik. Whether the Mets deem him an upgrade over internal options, based on his past two seasons of play, remains to be seen though. New York could simply slide Jeff McNeil from the outfield back to second base and pursue an additional outfielder, which figure to be in greater supply in the coming weeks.

Giants Showing Interest In DJ LeMahieu, Exploring Joe Panik Trades

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The Giants are discussing trade scenarios involving Joe Panik with multiple clubs, tweets ESPN’s Jeff Passan, who notes that the infield market is beginning to pick up some steam (as evidenced by this morning’s agreement between Brian Dozier and the Nationals). In a related report, Ken Rosenthal of The Athletic tweets that the Giants are among the teams showing interest in free-agent second baseman DJ LeMahieu.

It stands to reason that if the Giants have serious interest in bringing LeMahieu on board, they’d first need to move Panik. Both are pure second basemen at this juncture of their respective careers, and even if the Giants had interest in slotting LeMahieu or Panik in at a different position on the infield, third base and shortstop are locked up by Evan Longoria and Brandon Crawford — neither of whom is particularly movable on the trade market (Longoria primarily for financial reasons and Crawford due largely to a full no-trade clause).

Panik, 28, already avoided arbitration earlier this offseason by agreeing to a one-year, $3.8MM contract. He’s coming off the worst offensive season of his career, having batted .254/.307/.332 with just four home runs in 392 plate appearances — production that rated 23 to 25 percent worse than that of a league-average hitter, based on park-neutral metrics (77 OPS+, 75 wRC+). Panik was a Gold Glover in 2016 and was generally regarded as a plus defender at second base, but his defensive ratings have also slipped in recent seasons.  He’s only a year removed from a productive season at the plate, however, as he hit .288/.347/.421 with 10 long balls in 2017 before thumb and groin injuries hindered his playing time last season.

As for LeMahieu, he’s perennially among the game’s premier defensive second baseman and has consistently hit for average, though his overall production has wavered somewhat on a year-over-year basis. LeMahieu won a surprise National League batting title when he hit .348/.416/.495 in a career year back in 2016, but while he followed that up with a high-quality .310 average in 2017, his power fell off, as he slugged just .409 that season and posted a .099 ISO (slugging minus batting average). This past season, most of his pop returned, but his overall output checked in at .276/.321/.428 — rather pedestrian production when considering his hitter-friendly home setting (86 wRC+).

All in all, LeMahieu generally rates as an average or better overall hitter with premium defensive skills. He’s batted a combined .309/.369/.429 across the past four seasons and been one of the toughest strikeouts in the league over that span, punching out in just 14.2 percent of his plate appearances. LeMahieu would provide the Giants with better defense than they expected from Panik even at his peak, and he’d bring a more reliable bat to the table as well — albeit at a considerably higher price point. His past production makes LeMahieu an easy candidate for a solid multi-year deal in free agency, though he won’t cost the Giants anything in terms of draft-pick compensation, as the Rockies did not issue him a qualifying offer at season’s end.

Players Avoiding Arbitration Prior To Non-Tender Deadline

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Tonight marks the deadline for MLB clubs to tender contracts to arbitration-eligible players. As such, there’ll be a slew of pre-tender agreements announced today — particularly for arbitration-eligible players who might have otherwise been non-tender candidates. As we saw yesterday (and frequently in previous seasons), players agreeing to terms before the tender deadline will often sign for less than they’re projected, as the alternative in some cases may simply be to be cut loose into a crowded free-agent market.

We’ll track today’s pre-tender agreements here, with all referenced projections coming courtesy of MLBTR contributor Matt Swartz…

  • Giants infielder Joe Panik settled at a $3.8MM price tag, per Heyman (via Twitter). That’ll represent a savings as against the $4.2MM projected salary. Many had wondered whether the new San Francisco front office would move on from Panik, who has one more year of arb eligibility remaining. Meanwhile, Heyman tweets that reliever Sam Dyson has agreed to a $5MM pact. That also comes in $400K below his projection.
  • The Padres settled with righty Bryan Mitchell for $900K, Heyman tweets. Mitchell had been a non-tender candidate at a projected $1.2MM sum.
  • Newly acquired first baseman C.J. Cron has agreed to a $4.8MM contract, the Twins announced. He projected to a $5.2MM salary; this becomes the latest of many indications of the unstable market position of defensively limited slugger types.
  • The Indians have settled with righty Danny Salazar for $4.5MM, Jon Heyman of Fancred tweets. He was projected at $5MM, with some wondering whether the Cleveland organization might non-tender him. The talented hurler missed the entire 2018 season. Meanwhile, righty Nick Goody is slated to earn $675K, Heyman tweets.
  • Southpaw Jonny Venters avoided arb with the Braves, David O’Brien of The Athletic tweets. It’s a $2.25MM deal, sitting well over the $1.5MM projection, though certainly his unusual career path could have led to some additional arguments for a stronger raise.
  • The Cardinals announced an agreement with lefty Chasen Shreve. Terms aren’t yet known. The 28-year-old had projected to take home $1.2MM for the 2019 campaign, but will settle at $900K per Heyman (via Twitter).
  • Pirates righty Michael Feliz has avoided arbitration with the club, Rob Biertempfel of The Athletic was among those to report on Twitter. Feliz projected at a $900K salary and will get $850K, Jeff Passan of Yahoo Sports tweets. It’s a split agreement that promises $375K in the minors, per Bill Brink of the Pittsburgh Post-Gazette (via Twitter).
  • Infielder Tyler Saladino has agreed to a $887,500 salary with the Brewers, Jon Heyman of Fancred tweets. That comes in below the $1MM he projected to earn.
  • The Athletics settled at $2.15MM with Liam Hendriks, per Jeff Passan of Yahoo Sports (via Twitter), all of which is guaranteed. That’s just where he projected ($2.1MM) on the heels of a fascinating 2018 season. Hendriks was dropped from the MLB roster in the middle of the season but returned late in the year in dominant fashion as the A’s “opener.”
  • Lefty Sammy Solis agreed to terms with the Nationals to avoid arbitration, the club announced. He profiled as a potential non-tender candidate, so it seems likely the organization pushed to get something done before the deadline. Solis, who has an intriguing power arsenal but struggled through a homer-prone 2018, projected at $900K. He’ll earn $850K, per Chelsea Janes of the Washington Post (Twitter link).
  • The Athletics announced that they’ve agreed to a one-year deal with righty Ryan Dull in advance of tonight’s deadline. He’ll get $860K, Fancred’s Jon Heyman tweets, which checks in pretty closely with his $900K projection. Dull, 29, posted a 4.26 ERA with 21 strikeouts and seven walks in 25 1/3 innings of relief in 2018.
  • Heyman also tweets that the Padres and Greg Garcia, whom they claimed off waivers earlier this offseason, settled on a one-year deal worth $910K that aligns with his $900K projection. Garcia hit .221/.309/.304 in 208 plate appearances with St. Louis last season and is a career .248/.356/.339 hitter in 860 plate appearances.

Earlier Agreements

  • The Brewers and Hernan Perez avoided arbitration by agreeing to a one-year deal worth $2.5MM, as first reported by Heyman. He’ll check in a bit shy of his $2.7MM projection but remain on hand as a versatile utility option in Milwaukee.
  • Left-hander Tony Cingrani and the Dodgers avoided arb with a one-year deal worth $2.65MM. That checks in just south of the lefty’s $2.7MM projection. Cingrani turned in a brilliant 36-to-6 K/BB ratio in 22 1/3 innings but was also tagged for a considerably less palatable 4.76 earned run average.
  • The Red Sox announced that they’ve agreed to terms on a one-year contract for the 2019 season with right-hander Tyler Thornburg. They’ve also tendered contracts to the remainder of their arbitration-eligible players, though the terms of those deals will be negotiated in the coming weeks. Evan Drellich of NBC Sports Boston tweets that Thornburg will earn $1.75MM i 2019 and can earn another $400K via incentives. I’m told that includes $100K for reaching each of 45, 50, 55 and 60 appearances. Thornburg, 30, was roughed up to the tune of a 5.63 ERA in 24 innings for the Sox this season — his first action for Boston since being acquired prior to the 2017 season. His Boston tenure has been utterly derailed by thoracic outlet syndrome and the ensuing surgery. Thornburg was excellent for the 2016 Brewers, and Boston parted with Travis Shaw in order to acquire him, so the Sox will surely hope that a regular offseason of rest and further removing himself from TOS surgery will get the righty back on track. This will be Thornburg’s final season of club control. He’d been projected to earn $2.3MM.

NL Notes: Cardinals, Nats, Benoit, Giants, Panik

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The Cardinals just wrapped up their third straight season without a playoff berth, which is all the more concerning given that team control is dwindling over Yadier Molina (two years), Matt Carpenter, Miles Mikolas, Marcell Ozuna, Michael Wacha (one year apiece) and Adam Wainwright (pending free agent), as Derrick Goold of the St. Louis Post-Dispatch points out. The Redbirds are cognizant of the fact that the 36-year-old Molina won’t be around forever, chairman Bill DeWitt Jr. said this week, adding: “Our timeframe with this club is now. It has been that way literally every year for many years.” There’s now a “palpable” impatience atop the St. Louis hierarchy, according to Goold, who reports that the Cardinals are poised to seek left-handed relief upgrades and left-handed power for their lineup this offseason as they work to snap a three-year playoff drought in 2019. The Cards have pitching depth to dangle in trades and plenty of money to spend, Goold notes, so it figures to be an active winter for the club.

Here’s more from the National League:

  • While nothing’s official, it’s “pretty clear” pending free-agent reliever Joaquin Benoit will retire, Mark Zuckerman of MASNsports.com writes. The 41-year-old Benoit joined the Nationals on a $1MM guarantee last winter, but a shoulder injury prevented him from throwing a pitch for the team during the regular season. Had Benoit been younger, he likely would have undergone surgery and then rehabbed his way back, general manager Mike Rizzo said last week. Understandably, though, Benoit doesn’t want to fight through a lengthy recovery period at his age. If the journeyman’s career is over, it’ll conclude with a 3.83 ERA, 212 holds and 53 saves over 1,068 2/3 innings.
  • Fresh off a rough season, Giants second baseman Joe Panik’s future in San Francisco is uncertain, considering the team’s next head of baseball operations may opt for someone else at the keystone, Alex Pavlovic of NBC Sports California observes. Panik realizes as much, telling Pavlovic: “It’s all about whoever comes in and who they feel is the best fit for the organization going forward. You hope it’s you, but at the end of the day, it’s not your call.” Although the soon-to-be 28-year-old Panik batted a non-threatening .254/.307/.332 (75 wRC+) with four home runs in 392 plate appearances this season, he’s likely to score upward of $5MM during his second-last arb trip during the winter, Pavlovic writes. That’d be a solid raise over the $3.45MM Panik pulled in this year. As for his disappointing 2018, during which he missed time with thumb and groin injuries, Panik offered: “Once I went down with the thumb, I feel like I could just never get it back. It’s hard to explain to people … when your season is kind of choppy and broken up, it’s hard to sometimes find your rhythm. But when it comes down to it, you still have to find a way.”

NL Central Notes: Brewers, Moustakas, Nelson, Cubs, Chavez

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Third baseman Mike Moustakas “could see himself” staying with the Brewers, Jon Heyman of Fancred writes. “I like it here,” Moustakas said. “The team is together. The coaching staff is together. The training staff is together. We have a good time here every single day.” Moustakas, who joined Milwaukee via trade with Kansas City in July, has been a key part of the Brewers’ two playoff wins so far. He also offered respectable production between the two teams during the regular season, combining for 2.5 rWAR/2.4 fWAR with a .251/.315/.439 line (105 wRC+) and 28 home runs in 635 plate appearances. But it’s unknown whether that’ll lead the Brewers and Moustakas to exercise their $15MM mutual option for 2019; if not, it’s anyone’s guess whether the 30-year-old would garner much of a raise over his 2018 salary on the open market. Moustakas made his first trip to free agency last offseason, a frustrating winter in which he sat without a team until March. The lack of interest in Moustakas enabled the Royals to re-sign him for a surprisingly low sum ($6.5MM guaranteed and, as Heyman points out, $8.7MM with incentives). Looking ahead to 2019, the Brewers will have a full infield under control – which could make Moustakas’ stay with them a short one – though a few of those players (e.g., Eric Thames, Jonathan Schoop and Hernan Perez) logged uninspiring production during the regular campaign.

More on Milwaukee and the club it dethroned en route to a National League Central title:

  • The Brewers haven’t received any contributions this year from injured right-hander Jimmy Nelson – nor will they as they continue a potential march to a World Series – but that figures to change in 2019. Nelson, down since September 2017 with shoulder issues, has completed his “formal rehab,” general manager David Stearns said Saturday (via Adam McCalvy of MLB.com). “He has returned to pitching. That is a great thing to say.” Nelson pitched like a front-line starter a year ago, notching a 3.49 ERA/3.05 FIP in 175 1/3 innings, and his absence has made the Brewers’ success this season all the more impressive. The 29-year-old will enter his penultimate season of arbitration control in 2019.
  • After Colorado eliminated Chicago from the playoffs Tuesday, Cubs reliever Jesse Chavez reportedly declared to teammates, “If I’m not wearing this [uniform] next year, I’m done.” Whether the pending free agent, 35, still feels that way is unclear, but he did tell Patrick Mooney of The Athletic (subscription required), “I’m open-minded to anything,” with regard to a potential role on next year’s Cubs. Joining the Cubs, who acquired him from the Rangers in July, enabled Chavez to participate in the playoffs for the first time in his long career, Mooney notes. “This has been one of my favorite places to come since I broke into the league,” Chavez said to Mooney, and he went on to laud the Cubs’ “atmosphere, the history, the culture, the clubhouse, the stands, the fans.” That’s important, Mooney opines, writing that “Wrigley Field is not for everyone and you have to recognize who can handle it.” Chavez proved capable of handling it in 2018, as the right-hander recorded a microscopic 1.15 ERA with tremendous strikeout and walk rates (9.7 K/9, 1.2 BB/9) in 39 innings after Chicago picked him up.

NL Notes: Panik, Shildt, Holliday

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The latest from the National League…

  • With Giants second baseman Joe Panik losing his grip on an everyday role, he may be in his last season with the club, Henry Schulman of the San Francisco Chronicle observes. Panik will earn approximately $5MM in arbitration next year (his penultimate season of team control), estimates Schulman, who writes that the team could either trade or non-tender him over the winter. A Giant since they selected him 29th overall in 2011, Panik isn’t worried about his future, but he may need a strong finish this year to continue with the club. “I do understand the business side of it,” Panik said. “At the same time, “I haven’t even thought that far, and you really can’t, honestly. If you’re thinking that far ahead, you’re not going to be able to take care of business today.” Although Panik has been a solid major leaguer since debuting in 2014, the 27-year-old has hit an unappealing .242/.303/.347 (78 wRC+) in 262 plate appearances this season.
  • It’s unknown whether Cardinals interim manager Mike Shildt will return as the team’s full-time skipper in 2019, but he has earned a fan in chairman Bill Dewitt Jr. since taking over the fired Mike Matheny on July 14. “He’s done everything that we could possibly ask for,” DeWitt said (via Derrick Goold of the St. Louis Post-Dispatch). “I think he communicates with his staff, communicates well with players, has a good baseball-mind. Strategically — hard to criticize what he’s done. He’s a very good manager. Has been coming up through the ranks. Just a very solid baseball man.” It’s difficult to quantify the performance of a manager, but it’s nonetheless worth noting that the Shildt-led Cardinals have rallied to post a 21-10 mark and now find themselves in possession of the NL’s second wild-card spot.
  • Rockies veteran first baseman/outfielder Matt Holliday, 38, is making a case for a promotion to the majors, Thomas Harding of MLB.com writes. Holliday, who sat on the unemployment line until Colorado signed him to a minor league deal on July 28, has slashed a tremendous .370/.473/.652 in 55 PAs with its top minors affiliate in Albuquerque. Rockies manager Bud Black has taken notice, saying: “He’s checking off some boxes. The thing that we’re happy about is the physical side. Mentally, Matt’s been a longtime player. You get back up to speed real quick. That didn’t take long, I’m sure. But the confidence that when he faces all sorts of pitching — there’s a difference between big league pitching and minor league pitching, but he’s been able to face a lot of different styles of pitching in Triple-A — will continue to get him closer to coming to us.” If the Rockies were to promote Holliday, he’d be in line for his second stint as a member of the club, with which he began his career and thrived from 2004-08.

Giants Activate Jeff Samardzija

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The Giants announced a collection of roster moves today, including the news that right-hander Jeff Samardzija has been activated from the 10-day DL to start today’s game against the Cardinals.  Infielder Chase d’Arnaud will also join the 25-man roster after his contract was purchased from Triple-A.  In corresponding moves, second baseman Joe Panik was officially placed on the 10-day DL with a left groin strain, righty Chris Stratton was sent down to Triple-A, and Hunter Strickland was moved from the 10-day to the 60-day DL.

[Updated Giants depth chart at Roster Resource]

Samardzija suffered some right shoulder tightness during a start on May 29 and ended up missing over a month of action while recovering.  The time off could serve as a virtual reset on Samardzija’s season, as he had a 6.56 ERA and almost as many walks (23) as strikeouts (26) in eight starts and 35 2/3 IP prior to his injury.  Injuries have plagued San Francisco’s rotation for much of the year, though the Giants finally have their projected top three of Madison Bumgarner, Johnny Cueto, and Samardzija all active at the same time.  The rotation could go from a problem area to a strength for the Giants in the pennant race, particularly since Andrew Suarez and Dereck Rodriguez have both pitched well in fill-in duty.  Indeed, it was Stratton rather than Rodriguez who was sent down to Triple-A to make room for Samardzija’s return.

d’Arnaud signed a minor league deal back in January and now get his first taste of big league action in 2018.  He’ll take Alen Hanson’s spot as the utilityman while Hanson gets more regular duty filling in for Panik at second base.  Versatility has been the watchword for d’Arnaud over his six MLB seasons, as the 31-year-old has played at least one game at every position except pitcher and catcher.

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