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Pablo Sandoval

Pablo Sandoval To Meet With Four Teams This Week

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SUNDAY: Sandoval’s camp will also meet with the Giants, Blue Jays and White Sox, Cotillo reports.

SATURDAY: The Red Sox will meet with Pablo Sandoval and agent Gustavo Vasquez at the GM meetings in Arizona next week, Nick Cafardo of the Boston Globe writes. Chris Cotillo of MLB Daily Dish was the first to report the scheduled meeting. The Red Sox reportedly headed into the offseason with Sandoval and Chase Headley as their top priorities. Sandoval rejected a qualifying offer from the Giants last week, and is instead reportedly seeking a nine-figure deal, possibly for six years. Cafardo notes that, along with the Red Sox and Giants, the Blue Jays and White Sox currently seem to be the most interested in Sandoval.

Boston would want to use Sandoval as its third baseman, Cafardo reports, although he notes that, unlike the Giants and other NL teams, the Red Sox could also eventually use Sandoval at DH if his physique prevented him from staying at third. The switch-hitting Sandoval’s ability to hit from the left side would also be a benefit for Boston. With Sandoval in the Majors, the Red Sox could send Will Middlebrooks, who can still be optioned, to Triple-A Pawtucket.

Free Agent Notes: Bargains, Hot Commodities, Minors

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One of the questions facing all teams in free agency is whether to pay for top talent or delve into the second tier for a bargain.  Ben Lindbergh of Grantland lists five instances where the generic option could provide more financial value than the name brand asset. In the case of players like Pablo Sandoval, James Shields, and David Robertson, cheaper options probably won’t outperform them, but they could come close at less than half the guaranteed cost. Here’s more from the realm of free agency.

  • Joel Sherman of the New York Post picked destinations for 10 “hot MLB free agents.” Sherman thinks the Mets could be the surprise winners of the Yasmany Tomas sweepstakes, since the move would energize a depressed fan base. In my opinion, his oddest pick is Max Scherzer to the Brewers. Sherman reasons that Milwaukee has been aggressive under owner Mark Attanasio, but I’m not sure they can support a massive investment in a starting pitcher. Meanwhile, the Tigers could grab two trendy free agents with Sandoval to man third base and Andrew Miller to play the role of relief ace.
  • For those who aren’t satisfied with MLBTR’s list of MLB free agents, Baseball America’s Matt Eddy has all the minor league free agents for your perusal. As we learned earlier this week via FanGraphs’ Kiley McDaniel, MiLB free agents represent a potentially under-exploited opportunity to buy value. To a stats analyst, not many names jump of the page. One I’ll be tracking, if only because he’s an interesting story, is Jason Lane.

 

Cherington On Cespedes, Lester, Sandoval

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Here’s the latest from Red Sox GM Ben Cherington, who answered questions today on MLB Network Radio (via WEEI.com’s Rob Bradford):

  • Many teams have asked the Red Sox about their outfielders, Cherington says. That includes Yoenis Cespedes, about whom there have been recent trade rumors. Cherington says the Red Sox will have open minds about trades, but that “there is no particular player that we’re looking to move, including Cespedes.”
  • Cherington says the Red Sox’ previous relationship with Jon Lester might make him easier as a potential free agent target this offseason, mostly because they won’t have to do the due diligence with Lester that they might with another big-ticket free agent. In any case, Cherington likes the team’s chances of upgrading the rotation this offseason, either in the free agent market (where Lester, James Shields, Max Scherzer and others are available) or in trades.
  • Cherington says the Red Sox are likely to speak with Pablo Sandoval’s agent Gustavo Vasquez, but adds, “[W]e’re going to talk to a lot of agents next week.” Cherington does note, however, that the fact that Sandoval is a good third baseman who can hit left-handed means there’s an “obvious link” between Sandoval and the Red Sox.

Pablo Sandoval Seeking Six-Year Deal

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Pablo Sandoval is seeking a six-year contract on the open market, his agent Gustavo Vasquez tells Henry Schulman of the San Francisco Chronicle. Given his client’s age, Vasquez doesn’t feel that a four- or five-year deal is a sensible target. “Maybe if he was 30 or 31 we could talk about four or five years,” Vasquez said to Schulman. “But he’s 28. He deserves more than that.”

Vasquez explained to Schulman that the six-year term of the contract is more important to Sandoval than the average annual value. That comment isn’t surprising, as a player will typically downgrade a contract’s AAV as the years increase. While he said Sandoval has no specific dollar figure in mind, other reports have indicated a target north of $100MM. So, while the AAV of the deal may be somewhat flexible, it seems Vasquez must be eyeing at least a $17MM annual salary for his client.

The Giants have yet to make a formal offer and instead have been discussing various options regarding the length of the deal, according to Vasquez. He’s already spoken to multiple teams about Sandoval and is expected to have several face-to-face meetings at next week’s GM Meetings in Phoenix. The agent notes that Sandoval isn’t necessarily interested in dragging out the process and would sign quickly if he received an offer he likes.

As Schulman writes, he got a different sense from Giants GM Brian Sabean regarding an offer to Sandoval at the team’s postseason debriefing. Sabean told reporters that the Giants have explained to free agents Jake Peavy and Ryan Vogelsong that they first need to sort of Sandoval’s situation before moving onto them, and his comments did imply that they’ve made some form of offer: “We’ve told both Peavy and Vogelsong we need time to sort things out. Again, it goes back to Pablo. Pablo is the only one we’ve engaged as far as an offer and moving forward. The other four free agents know where we stand.”

Sandoval figures to be an attractive option on the free agent market this winter, though it remains to be seen whether any team will be be comfortable with his desired six-year term. The Red Sox have been linked to him on multiple occasions, and the Marlins are another team reported to have interest. Sandoval would also make sense for the White Sox. The Yankees have a definite need in the infield, though to this point, they’re not focused on Sandoval and are said to prefer to re-sign Chase Headley.

NL Notes: Morales, Cuddyer, Morse, Romo, Tomas

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Free agent lefty Franklin Morales, most recently of the Rockies, has moved his representation to the Boras Corporation, Jon Heyman of CBSSports.com reports on Twitter. The 28-year-old had a rough 2014. He put up a 5.37 ERA over 142 1/3 innings, including 22 starts, while striking out a below-average (against his career) 6.3 batters and walking 4.1 per nine.

Here’s more from Colorado and the rest of the National League:

  • The Rockies’ extension of a qualifying offer to free agent outfielder Michael Cuddyer was the big surprise on the QO front. Colorado’s rationale for the move, Ken Rosenthal of FOX Sports tweets, is to remain flexible to trade from its outfield depth. Cuddyer, meanwhile, had hoped to land a three-year deal, per Rosenthal, and the offer makes that a more difficult proposition. In my view, it makes little sense to create outfield depth to trade from by adding a contract with negative trade value; the move seems irrational unless the club has good reason to believe that Cuddyer will turn down the QO.
  • While teams can always simply price in the loss of a draft choice in assessing how much to offer a compensation-bound player, the presence of the QO can in some cases be a significant enough deterrent that it keeps a team out of the market altogether. That appears to be the case for the Mets vis-a-vis Cuddyer, as Marc Carig of Newday reports that New York had been quite interested in pursuing the veteran but has little interest in giving up the 15th overall pick in doing so.
  • The Mets may, however, be more willing to pursue non-QO-bound Michael Morse, according to Mike Puma of the New York Post. Morse would represent an option in the outfield and, perhaps, part-time platoon mate at first.
  • Giants righty Sergio Romo hopes to re-sign with San Francisco, he told MLB Network Radio on Sirius XM (via host Jim Bowden). But the former closer is looking forward to testing the market, and should draw plenty of interest.
  • Cuban slugger Yasmany Tomas worked out at third base in a tryout yesterday with the Diamondbacks, according to a tweet from his agent Jay Alou Jr.  The 24-year-old had been talked about primarily as a corner outfielder. Chris Cotillo of MLBDailyDish.com first tweeted that Tomas had spent time with the D’backs.

Pablo Sandoval Rejects Qualifying Offer

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TUESDAY: Unsurprisingly, Sandoval has officially rejected his qualifying offer, tweets Ken Rosenthal of FOX Sports (Twitter link).

MONDAY: The Giants have officially extended a one-year, $15.3MM qualifying offer to third baseman Pablo Sandoval. He’ll have a week to accept or decline the offer, though as one of the top free agents on this year’s market, he will assuredly be declining the offer.

The 28-year-old Sandoval hit .279/.324/.415 during the regular season and followed it up with a strong postseason performance. His youth, combined with plus defense at third base and a solid offensive track record will make him among the offseason’s most desirable bats. If he isn’t retained by the Giants, they’ll get a draft pick at the end of next year’s first round as compensation.

Sandoval joins a growing list of players to receive qualifying offers, all of whom can be followed in MLBTR’s Free Agent Tracker.

Yankees Unlikely To Pursue Top Starters, Sandoval

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While many have been quick to connect the Yankees to the top names on the market, as is the case in most offseasons, Mark Feinsand and Bill Madden of the New York Daily News hear that the team has no intention to pursue any of the “Big Three” starting pitchers — Max Scherzer, Jon Lester and James Shields — or top third baseman Pablo Sandoval.

Instead, the Daily News duo continues, the Yankees are more focused on bringing back a pair of their own free agents: Chase Headley and Brandon McCarthy. The team loves Headley’s glove at third base and views the returning Alex Rodriguez as more of a DH candidate at his age, per Feinsand and Madden. The team could act quickly and aggressively to retain the two. (MLBTR’s Tim Dierkes pegged Headley for a four-year, $48MM contract while I predicted a three-year, $36MM deal for McCarthy.) The Yankees, per the report, don’t want to add any more $100MM+ contracts to their books, although the name of Hanley Ramirez, who figures to top the century mark, is curiously absent from the list of players they won’t be pursuing.

Also of note for Yankees fans is the update within this piece on David Robertson, whom Feinsand and Madden hear is already receiving interest from at least six clubs. Robertson is expected to turn down the Yankees’ qualifying offer and could land a three- or four-year deal on the open market.

Of course, it’s worth looking back to last season when multiple reports indicated that the Yankees would spend judiciously in an attempt to eventually get the team’s payroll below the $189MM luxury tax threshold. That clearly didn’t happen, as the Yankees signed Masahiro Tanaka, Jacoby Ellsbury, Brian McCann and Carlos Beltran to huge multi-year deals while also adding veterans Kelly Johnson, Brian Roberts and Brendan Ryan on smaller deals. All told, they spent roughly half a billion dollars last winter.

None of that is meant to discredit the information provided by Feinsand and Madden, but rather to serve as a reminder that priorities can change. Still, for the time being, the Yankees’ early modus operandi appears to be pursuing mid-level free agents in an attempt to return the team to the playoffs after a two-year absence while also maintaining some long-term flexibility.

Twelve Free Agents Receive Qualifying Offers

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Today marked the deadline for players to receive one-year, $15.3MM qualifying offers, and after nine players receiving a QO in 2012 and 13 players receiving the offer last offseason, 12 players have been extended a qualifying offer by their teams in 2014. They are:

Should these players reject the offer and sign with a new team, their former team will stand to receive a “sandwich” round draft pick as compensation. Those new teams, in turn, will have to forfeit their top unprotected draft pick. If a player rejects a QO but ultimately re-signs with the same team, no draft pick shuffling occurs.

There will be 11 protected picks in this year’s draft, as the picks of the teams with the 10 worst records are protected under the CBA, and Houston’s comp pick for failure to sign Brady Aiken is protected as well. The D’Backs, Astros, Rockies, Rangers, Twins, Red Sox, White Sox, Cubs, Phillies and Reds will all have their first-round selections protected. Those clubs will instead forfeit a second-round pick to sign a free agent with draft pick compensation attached. Teams can sign more than one free agent that has rejected a QO, as the Orioles did last winter in signing both Ubaldo Jimenez and Cruz. In that instance, Jimenez cost the team its first-round pick, while Cruz cost the club its second-round selection.

The players listed above will now have one week to decide whether or not to accept the QO and play on a one-year deal worth $15.3MM, or instead to or reject the offer in search of a larger guarantee on the open market.

The word “guarantee” is the key to that sentiment: while many will focus on whether or not the players can top that average annual value on the free agent market, more often than not, a player is concerned primarily with maximizing the amount of money he can earn over his prime seasons. Few players are ever sold on the idea of playing on a one-year deal when a multi-year guarantee can be had. Single-year contracts, on the free agent market, are often reserved for older players who don’t know how long they wish to continue playing (e.g. Hiroki Kuroda last winter), players coming off massive injuries (e.g. Corey Hart last winter) or players who have significantly underperformed in a contract year (e.g. Chris Young last offseason).

While upon first glance it might make sense to suggest a player with a spotty track record, such as Liriano, should accept the offer, there’s more downside for him in accepting than in rejecting. Even if Liriano is faced with a cold market, he’d likely be able to find a one-year contract at an AAV north of $10MM, if not a one-year offer commensurate with the total sum of the qualifying offer, as Santana did last offseason when signing a one-year, $14.1MM contract with the Braves. Whereas the downside in accepting is “settling” for a one-year deal a few ticks below the QO level, the upside in rejecting is finding perhaps a three-year deal that could more than double the guarantee he’d otherwise receive. This risk/benefit calculus generally points toward testing the market.

The one case for accepting in this year’s class, that I see, would be that of Cuddyer. Though a solid veteran bat coming off a strong pair of seasons in terms of his rate stats, Cuddyer has defensive limitations and injury questions that will also drag his stock down. He played in just 49 games in 2014 and will play next season at age 36. MLBTR’s Zach Links only pegged his free agent stock at $22MM over two years in his recent Free Agent Profile for Cuddyer. It does seem there’s a real chance that Cuddyer could come in significantly lower than $15.3MM on a one-year deal if he rejects, and the upside may not be much greater for him as a two-year deal may have been the realistic ceiling anyhow.

Reports on whether or not any player will accept the offer should be filtering in over the next week, but those looking for a quick resource to check the status of each can use MLBTR’s Free Agent Tracker (the provided link is already filtered to show only free agents that have received the QO, and their status will change from “Received” to “Rejected” or “Accepted” upon a decision being reached).

Indians Notes: Francona, Free Agency, Lindor

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The Indians should be poised to contend for the AL Central title next year because the Tigers and Royals are going to take a hit in free agency, opines Paul Hoynes of the Northeast Ohio Media Group in the latest edition of his “Hey, Hoynsie” column. Free agency won’t damage the White Sox, Hoynes adds, but they are in need of pitching to complement their power while the Twins are still putting together the pieces after four consecutive seasons of at least 92 losses.

Here’s more on the Indians from Hoynes:

  • Manager Terry Francona had clauses inserted into his contract when he was hired by the Indians allowing him to leave if President Mark Shapiro or GM Chris Antonetti are fired. Would Francona ever follow Joe Maddon’s lead? Hoynes notes Andrew Friedman left the Rays voluntarily and isn’t sure whether such a departure by either Shapiro or Antonetti would trigger Francona’s opt-out.
  • The Indians will not be bidding on the premier bats available in free agency (e.g. Pablo Sandoval (#5 on MLBTR’s 2014-2015 Top 50 Free Agents list), Victor Martinez (#6), Russell Martin (#8), and Nelson Cruz (#9), according to Hoynes, who sees the club setting their sights on the likes of Michael Morse (#28) and Ryan Ludwick (unranked) once other moves are made.
  • Jose Ramirez will be the Indians’ 2015 Opening Day shortstop, Francisco Lindor is probably ticketed for Triple-A, and Zach Walters, acquired in the Asdrubal Cabrera trade, will have to make the team as a bench player.
  • The Indians are not in the position of needing to trade their core players, so Hoynes would be surprised if Corey Kluber, Yan Gomes, or Michael Brantley are dealt this winter.

AL East Notes: Maddon, O’s, Headley, BoSox

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Alan Nero, Joe Maddon’s agent, discussed how his client left the Rays for the Cubs in an interview with Jim Bowden and Jim Duquette (audio link) on MLB Network Radio on SiriusXM.  Nero negotiated with the Rays for five or six days before Maddon opted out of his contract, a decision Maddon reached since Tampa didn’t want to make him one of baseball’s five highest-paid managers.  Maddon was willing to take below-market value to stay but the Rays’ offer was “so far from reality that it just didn’t make sense” for Maddon to accept, according to Nero.  Theo Epstein wouldn’t speak to Maddon until he had written proof of the opt-out and permission from the Commissioner’s office, and Nero considers it “a bit insulting” that the Rays would suspect tampering took place.

Here’s some more from around the AL East…

  • Rival teams could be interested in the Orioles’ catching depth, MASNsports.com’s Roch Kubatko opines.  Despite the presence of Caleb Joseph, Steve Clevenger and a number of young backstops in the minors, the team is still interested in bringing back veteran Nick Hundley.  Kubatko speculates that Chris Tillman’s improved performance with Hundley behind the plate could be a factor in why Hundley could return.
  • Mutual interest exists between the Yankees and Chase Headley, though Alex Rodriguez’s presence and Pablo Sandoval’s price tag remain obstacles to a signing, George A. King III of the New York Post writes.  Sandoval’s next deal will set the bar for free agent third basemen, with Headley possibly poised to benefit as arguably the second-best 3B on the open market this winter.
  • For the record, King doesn’t think the Yankees are exploring signing Sandoval, though “it is hard to ignore what the Giants third baseman has done in the postseason.”
  • The Red Sox have been hesitant to sign hugely expensive contracts in recent years and, of course, spending is no guarantee of success.  With so many offseason needs, however, Brian MacPherson of the Providence Journal thinks the team may be more open to one or more big contracts.
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