Showing posts with label Michael Bourn. Show all posts
Showing posts with label Michael Bourn. Show all posts

Tuesday, February 12, 2013

The Newest Tribesman

Michael Bourn
Yesterday the Indians announced that they had come to an agreement with free agent outfielder Michael Bourn on a 4-year contract worth $48 million, or $12 million AAV. The contract has a vesting option for a 5th year worth $12 million pending Bourn reaches 550 plate appearances in the final year of his contract at which he will be 34 years old. When the offseason began, writers, pundits, and experts ranked Bourn as one of the top free agents. On my own big board of top-50 free agents, I had Bourn ranked as the fourth best free agent behind only Zack Greinke, B.J. Upton, and Josh Hamilton. The Dodgers signed Greinke to a 6-year $159 million deal, Upton got 5 years and $75.25 million from the Braves, while Hamilton inked a 5-year $125 million deal with the Angels. Of the top 4 free agents on my list, Bourn received the fewest years and least amount of money. For more on how Bourn compared to free agent center fielders check out my article from earlier this offseason. For more on Bourn's value, check out this recent Summerpastime article.

Essentially, Bourn is a speedy player. Every positive aspect of his game relies on his wheels. He has a good on-base percentage, but to continue as a dominant leadoff hitter past the age of 30, his walk rate needs to rise. Here's a snapshot look at some of the better leadoff hitters from 2012 and where Bourn ranks:

Name Team R SB BB% OBP fWAR
Mike Trout Angels 129 49 10.50% 0.399 10
Michael Bourn Braves 96 42 10.00% 0.348 6.4
Austin Jackson Tigers 103 12 10.90% 0.377 5.5
Jose Reyes Marlins 86 40 8.80% 0.347 4.5

So, given the information we know about Bourn, was this deal a success from his position? Going into the offseason Bourn and agent Scott Boras wanted a contract that totaled higher than $100 million with at least 5 guaranteed years. Instead of that mega-deal he signed for less than half that amount of money, but was able to find 4 guaranteed years with the possibility of a 5th. From this we can garner that getting more years was more important to Bourn than getting the highest AAV possible. Prior to Bourn's new contract agreement, many speculated that he might look for a one-year deal, in the hope that he might find better luck next offseason. I think teams in need of outfielders looked at Bourn as an upgrade, a great defender, a threat on the base paths, but not a player built to sustain such qualities by even age 33. Fortunately, free agents willing to take less money have a better chance of finding a deal because it allows teams with less money to become involved in negotiations. The Indians fit that mold perfectly. Jose Reyes received more money and more years, but he signed his contract at a younger age, he switch hits, and has shown more power than Bourn has. So, the answer to the original question is that this contract wasn't a success by Bourn's original standards, but by any realistic set of criterion $12 million AAV is the perfect fit for a player like Michael Bourn. 

From the players perspective this is the best available option, and he took it, but what about from the Indians' perspective. In 2012 Cleveland lost 94 games, and the last time the team went to the playoffs was 2007, remember the bugs

The Indians haven't been trending well of recent, which resulted in the firing of manager Manny Acta, the hiring of Terry Francona, and the release of former big-time players like Travis Hafner and Grady Sizemore. The Indians of 2013 won't look anything like the team that stormed to the ALCS in 2007, but given the weaknesses in the American League and particularly the AL Central, and the addition of the 2nd wild card spot, the Indians 2013 season outlook continues to improve. 

Since one player cannot turn a 94 loss team into a playoff primed squad, what else have the Indians been up to improve? Chris Antonetti, the GM of the Indians, started his offseason by getting rid of dead weight like Hafner and Sizemore, which allowed him to move on from those well known, but injury hampered, names. Next, Antonetti inserted the Indians into a three-way trade involving the Diamondbacks and the Cincinnati Reds. In exchange for parting with soon-to-be free agent Shin-Soo Choo, the Indians received outfielder Drew Stubbs from the Reds and high-level pitching prospect Trevor Bauer from Arizona. While Bauer is far from a proven commodity, he is young, under team control at a cheap price, and most importantly, loaded with talent and upside. Given the Indians mediocre farm system, Keith Law ranked them 19/30 MLB teams, adding an MLB ready top of the rotation starter like Bauer made the Indians the clear winners of the three-team trade.

Nick Swisher
Next, the Indians made a few minor moves like signing Brett Myers to a 1-year deal as a starter, not a reliever. In addition, Mark Reynolds joined the club to mix in at 1st base and DH. Next the Indians made their biggest splash of the offseason by signing Nick Swisher a 4-year $56 million contract. Swisher has Ohio connections, will make $14 million AAV, and provides a great upgrade in the Indians lineup. With the addition of Bourn, about 32% of the Indians 2013 payroll will go to Swisher and Bourn, but even for a mid-market team, the proportions could be worse. Swisher does every thing the Indians needed, he gets on base, switch hits, has power, and can play both outfield and 1st base. With the addition of Bourn, the Indians have a top of the lineup that could do some serious damage to opposing pitchers, causing them to work harder, throw more pitches, and possibly give up more runs in the process. Given Cleveland's project lineup, 5 starters are projected by PECOTA to have higher .328 OBPs in 2013. Cleveland's new lineup will strikeout more than the average team, but it will also produce more homeruns, a higher on-base percentage, and more stolen bases than it has in the previous 4 seasons.

From a hitting standpoint, Bourn adds run production. With Asdrubal Cabrera, Jason Kipnis, Nick Swisher, Carlos Santana, and Mark Reynolds/Jason Giambi hitting behind Bourn, the Indians and their fans can expect the club to score a lot more runs than they have been accustomed to in recent years. Defensively, the Indians have more options now than before. If Terry Francona, Chris Antonetti, and others want, the team now has the ability to move Drew Stubbs or Michael Brantley for an upgrade elsewhere. On the other hand, a defensive outfield of Brantley, Stubbs, and Bourn would be a vacuum for fly balls.
(2010-2012)
Name Inn DRS UZR UZR/150
Michael Bourn 3888.2 51 35.3 11.9
Nick Swisher 3201 -5 11.5 4.7
Drew Stubbs 3666 -3 4.8 2
Michael Brantley 2833.2 -10 -12.4 -6.4

Don't be dissuaded by Brantley's poor numbers, he plays a much better left field (8 DRS & 3.4 UZR in 2012) than he does center field. An outfield with Stubbs and Brantley in the corners and Bourn in the middle would have a lot of range, which cuts down on hitters turning doubles in to triples and singles into doubles. Over the course of 162 games, such range could benefit the Indians in a subtle yet vital manner. From the numbers above, Swisher doesn't seem like a bad outfielder, so why relegate him to first base? First, playing a less demanding defensive position might cut down on the possibility of injury. Second, Swisher has average range at 1st base, and has posted a positive DRS (3) since 2010. So, moving Swisher to 1st doesn't hurt in the infield, and it improves the team's overall defense in the outfield. While moving Brantley or Stubbs could help, keeping both might give the Indians the best chance to compete for a playoff spot in 2013.

In Baseball, like all other aspects of life, timing often dictates success or failure. In this case, the timing of the Indians interest in Bourn makes me see this signing as a big win for Cleveland. With spring training approaching and few teams catering to the type of contract Bourn originally wanted, the Indians swept in offered Bourn the security he wanted and snatched him up for a reasonable AAV. While Bourn got the best available deal, the Indians made a smart, savvy, and productive move to improve their club now. Cleveland may not be a hot destination for free agents, but it's considered more highly valued than Kansas City, another AL Central team that improved this winter, albeit through controversial means. This puts Cleveland into the conversation for a playoff spot, a turnaround that 94 loss teams rarely expect. While the two wildcards seem the most likely possibility for Cleveland, I think that the AL West and East are too powerful, and that the best chance the Tribe has of reaching the postseason will be by unexpectedly winning the AL Central. Knocking off the Tigers, who are vastly better than their divisional opponents won't be easy, but given the uncertainty of injuries and other unaccountable factors, the Indians now have a chance. Despite the fact that Bourn rejected a qualifying offer from the Braves, Cleveland won't have to relinquish their first-round pick in the draft as it is protected due to the Indians' abysmal record in 2012. The Indians lost their second-round pick when they signed Swisher, and the acquisition of Bourn causes the team to lose their competitive balance pick, which would have been the 71st overall pick.

The Indians made a great deal here. Most sabermetricians will tell you that Bourn's production will decline in the next few years, and I stand with them, but the Indians are only on the hook for a guaranteed 4 years, and given their lack of other stars, paying Bourn $12 million AAV should be worth it. At the very least, even if the Indians don't make the playoffs in 2013, they should be more exciting to watch, win more games, and thus bring more fans to Progressive Field. On the bright side, Bourn could burn out just around age 34-35, meaning the Indians got the most out of him while they could, another sign that Antonetti made a sly deal. Cleveland got their man, Bourn finally found a team, the rest remains unknown, but that's the fun. 

Thursday, February 7, 2013

Who Get's The Big Fish?

Prince Fielder
Baseball fans rejoice. We've almost made of through the long, difficult, and trying winter with little to no live Baseball to watch. Free agency merely gives the most dedicated and starving Baseball fan a bit of respite, but it only satisfies us enough to bridge the gap of the offseason until Spring Training facilities open and Baseball is officially deemed "open for business". 4 days remain until pitchers and catcher's report to either Florida or Arizona, and another few weeks until their teammates join them. While most players have had their plane reservations booked for weeks, some players' destinations continue to remain unknown. Free agency doesn't stop just because Baseball fans, players, coaches, and executives can see the Promised Land from across the Jordan River. No, instead agents, front offices, and owners work diligently to find the last missing piece to the puzzle.

Recently the Oakland Athletics deal Chris Carter, Brad Peacock, and Max Stassi to the Astros in exchange for Jed Lowrie an a bullpen pitcher. So, not only does Free Agency continue up to the start of the season, but team's will always be looking to improve by exchange. While predicting a trade is virtually impossible without, and sometimes even with inside information, speculating on the possible destinations for the remaining free agents becomes more and more fascinating every minute we move closer and closer to the promised land that is Opening Day.

Michael Bourn:
Michael Bourn
Since the October, numerous pundits have predicted that Bourn would be the Prince Fielder of the 2013 offseason. Last year, Fielder, one of the top 3 free agents of 2012, remained unsigned until January 26th, when the Detroit Tigers and Dave Dombrowski moved their chips, $214 million worth to be exact, into the pot. The Tigers landed Fielder, which not only helped Miguel Cabrera become the first player to win the Triple Crown since 1967, but made Detroit a power house team. The Tigers reached the World Series, and while they lost, few Baseball people would bash that massive contract due to Fielder's predicted value, current value, and the huge push he gave the franchise as a whole.

Is Michael Bourn Prince Fielder? No, I think we can all categorically say the two are quite different. Fielder is a bull of a man with incredible power to all fields while Bourn is a small scrappy contact hitter with lightning fast speed. Power doesn't diminish into a player's 30's as quickly as speed does, making teams even more wary in the face of a long-term high price tag deal with Bourn. In addition, the market this offseason was stocked with talented outfielders making negotiations for a contract difficult, and causing teams to use prospect instead of cash to attain outfield help. The Nationals traded for Denard Span, the Phillies for Ben Revere, and the Braves for Justin Upton. So, where does that leave Michael Bourn? Bourn is a player completely built around his speed and ability to get on base. In addition he brings superb defense in the outfield, closing on balls with great speed, combined with a very good first step, solid leaping ability, and an above average arm.

OBP SB SB % DRS UZR
2009 0.354 61 83.5% 11 9.9
2010 0.341 52 81.3% 30 19.4
2011 0.349 61 81.3% -3 -6.4
2012 0.348 42 76.4% 24 22.4

As you can see from this chart, Bourn gets on base with regularity, consistently putting up numbers above the league average (.315 in 2012). Bourn recently turned 30 years old, generally a harbinger of an attrition of production, which accelerates if built on speed rather than power.

It's possible that Bourn could still attain the type of contract that he and mega agent Scott Boras wanted in November, something in the neighborhood of 5+ seasons and $100 million, that possibility dwindles every second we get closer to Spring Training. More reasonable figures being reported recently have put Bourn in a 3-year deal with an AAV of $15 million or so. Most sabermetricians and pundits would tell you that, for example, a contract of 3-years $46 million with a vesting option for a 4th year that would be worth $16 Million, and a buyout of $3 million would be reasonable to acquire Michael Bourn. So, in essence, the player, in this case Bourn, overvalued himself in a saturated market, and now that there is a definite time frame established, the player is adapting to the market in order to come to a conclusion. This is market economics, it's one reason of having no salary cap enhances Baseball's image as opposed to making the players look greedy and overpaid. Bourn turned down the Braves' qualifying offer in November, making him less appealing to teams that would be forced to lose a draft pick as part of acquiring the speedy outfielder. It also makes teams more likely to want to negotiate a multi-year deal with Bourn, so as to get more out of him, making up for the future of a lost 1st-round draft pick. So, while some reports have team's looking to sign Bourn to a 1-year deal, I don't see it as likely unless said team wouldn't be forced to give up a draft pick.

Team's that could still be fits for Bourn include the New York Mets, Philadelphia Phillies, Texas Rangers, Baltimore Orioles, and Seattle Mariners. The Mets have no legitimate outfielders currently on the roster. While the team has worked hard to build up depth in the infield and starting rotation, the outfield has been untended to, unless you count Jason Bay, but that attempt officially failed when the Mets dropped Bay from their roster. While Bourn fits a big need for the Mets, he would likely not boost them into a playoff spot, so spending a high AAV even for 2-3 seasons may not be worth it for Sandy Alderson and his bunch. There is still a slight possibility the Mets will be allowed to retain their first round pick even if they were to ink Bourn to a deal, but MLB has yet to rule on the situation. Most likely, the Mets would have to forfeit that pick, making them even less likely to go after Bourn.

 The Phillies have many more reasons to like Bourn. Ruben Amaro finds himself with a high payroll, older team, and 2 platoons at the corner outfield spot. He also sees a division that just got tougher, due to recent acquisitions made by the Nationals and Braves, and a team on the cusp of the playoffs in the Phillies. The Phillies already have a leadoff type hitter in Ben Revere, as well as an aging but still viable Jimmy Rollins, so, you might be asking yourself, why the Phillies would want another speedy player. Adding Bourn would give the Phillies the "2003 Juan Pierre/Luis Castillo" look at the top of their lineup, essentially providing the muscle in the lineup with more and more opportunities to hit with runners on base and in scoring position. In addition, Bourn's defense would make playing inept defenders like Delmon Young and Darin Ruf in the outfield. Bourn came up with the Phillies, knows the organization well and would be a valuable asset to the Phillies. The question all comes down to money. If Ruben Amaro is willing to pay a higher AAV in order to get Bourn to agree to a shorter deal, it would be worth signing him, giving up their first round pick, but if Bourn demands more than 3 years, the Phillies should continue to use restraint.

The Rangers lost Josh Hamilton this offseason to rival LA. Hamilton may not have played much longer in centerfield had he stayed in Texas, meaning that the team was always willing to go with the combination of Craig Gentry and Leonys Martin in centerfield. If Jon Daniels signed Bourn, he would most likely play the majority in center field in 2013, and even 2014, but moved to a corner spot not long after the All-Star break in 2014. Bourn doesn't have power, so he won't benefit from Arlington's home run tendencies, but the combination of Bourn, Elvis Andrus and, eventually Jurickson Profar in the 9-1-2 spots would be incredibly difficult to stop, and would neutralize ground ball innings eaters like the ones recently signed by the Angels. The Rangers have money to spend, and given the state of their farm system, losing a draft pick wouldn't cause too much strife. In the end here, it comes down to the price tag. If Bourn is willing to lessen some standards the Rangers could be on board, but otherwise I wouldn't bet on Daniels blinking first.

The Orioles have the ability to benefit greatly from an acquisition involving Michael Bourn. While the Orioles already have a talented young center fielder in Adam Jones, Bourn would buttress Baltimore's defensive outfield by playing in right, moving Nick Markakis to platoon with Nolan Reimold in left field. For a team many think will regress in 2013, adding Bourn could keep them in contention for longer, possibly long enough to return to the playoffs. Fangraphs recently released the Steamer projections for 2013. An outfield with Bourn, Jones, and a platoon of Markakis and Reimold is project to look like this:
HR SB wOBA
Bourn 6 35 0.309
Jones 28 9 0.347
Markakis 17 4 0.351
Reimold 16 6 0.332
Total 67 54 0.335
While the platoon in left would cause both Markakis' and Reimold's numbers to decrease a little due to less playing time, the DH spot allows for manager Buck Showalter to keep them in the lineup even if they don't have a spot in the field. The combination of a full year in the majors for Manny Machado, the prospect of Dylan Bundy coming up to the big club mid-season, and the addition of Bourn to the outfield would be the perfect counter punch to the Rays' trade for Will Myers, and Red Sox flurry of signings, and the Blue Jays Miami buying extravaganza.

The Mariners are a fit for Bourn because they are without a good lineup, and Bourn might put some more fans butts in seats. GM Jack Zduriencik had made some questionable decisions of recent, but no one would blame him for trying to sign Bourn. Seattle can spend some money, and Bourn might provide the young Mariners hitters with a runner on base more often when they hit. Bourn might only consider a long-term deal with the Mariners since so much of their success is tied up in their core young players. The Mariners aren't winning anything in 2013 with or without Bourn, so signing him all comes down to pressure from ownership, and to a much lesser extent to look active and not portray an air of dejection. 

Kyle Lohse:
Kyle Lohse
Then there's Kyle Lohse. Lohse is the best starting pitcher left on the market, but unlike Bourn, many predicted Lohse would have trouble finding a team. For more on why teams might be wary to sign Lohse read Glenn DuPaul's editorial on the issue here. Lohse looks to regress heavily in 2013, is asking for a hefty sized AAV, and will cost the team that signs him a draft pick having turned down the Cardinals qualifying offer. He's a solid pitcher, with a solid track record, but he's already undergone serious arm surgery in his career, is in his 30's, and doesn't have a power arm. Lohse constitutes the definition of a player who is the "last piece" to a team. Raphael Soriano, recently signed by the Nats constituted he same. Both are expensive cars that a guy would never buy until he's older, rich, and already enjoying life. He's the "cherry on top", not the foundational ice cream. So, where could he land? 

According to multiple projections systems, Lohse's 2013 numbers should look in the neighborhood of these numbers: 
IP K/9 BB/9 HR/9 ERA FIP
2013 194 5.67 2.04 0.91 3.85 3.86

While those numbers may not be worth $10 million AAV and the loss of a draft pick, to a playoff team hoping to put themselves in the preseason conversation of World Series possibility, Lohse could very well be worth it. Teams like that include the Rangers and Cardinals with the Pirates and Brewers also in the conversation. 

The Rangers are a team that many thought would be active this offseason, but have continued to lie in wait until they pounce. Still, Lohse could make sense for the Rangers. Signing Lohse would allow the team to trade prospect Martin Perez, a player many teams would be interested in acquiring. If the Rangers could use Perez to get an outfielder like Dexter Fowler, or with a better set of prospects, Carlos Gonzalez, the Rangers could move back into a better position in the AL West. Lohse might not fair incredibly well in Arlington, but half a team's games are played on the road, and Lohse would be the 4th starter, a veteran presence, but not an ace. 

The Cardinals recently found out that they have lost Chris Carpenter for the season, and he still may retire. The cardinals have the best farm system in the Majors, and have no need to fill Carp's spot with a free agent. Trevor Rosenthal, Joe Kelly, Shelby Miller, and Lance Lynn would compete for the 4th and 5th spots with Carpenter gone. In addition, Jaime Garcia may not be ready for Opening Day, so those four pitchers could compete for 3 Opening Day rotation slots. The Cardinals have a lot of internal and cheap options, but re-signing Lohse could work for them. Lohse liked playing in St. Louis, which most consider to be a desirable place to play. The Cardinals don't need him, but adding Lohse could better their odds of winning the NL Central. 

The Pirates don't need Kyle Lohse, but his addition could prove fruitful. The Pirates have been on the cusp of making the playoffs for the last 2 seasons. They have the talent to play like a playoff team for 3/4 of the season, but not all of it, causing the Buccos to be on the outside looking in in October. With Gerrit Cole expected to make his debut this season, and the possible addition of Lohse, the Pirates could put themselves squarely ahead of the Brewers and right in the wheelhouse of the Reds/Cardinals for 2013 and more likely 2014. The Pirates probably don't want to increase payroll, especially after recently adding Francisco Liriano and Jonathan Sanchez, but If Neal Huntington wanted to take a risk it might be worth it here. I wouldn't count on this happening, but it is good to see the Buccos in a position to possibly win something.

The Brewers recently lost Cory Hart, due to injury, for the first part of the 2013 season. They have almost the least amount of pitching depth in the starting rotation of any NL team, and they have had a quiet offseason. In addition, the team is in danger of falling into 4th in the Central this season, and that is without the awful Astros to make them look better. Lohse would provide them with someone to go behind Yovani Gallardo, but it would be a patch up job with potential issues all over the place. Doug Melvin isn't a GM to sign a guy just to sign him; the Brewers only go after Lohse if they make an ancillary move. This team needs their 1st round draft pick too much to make a serious contract to Kyle Lohse. 

Both Bourn and Lohse come with more risk attached to them than any other free agent, making GM's circumspect when evaluating them as possible acquisitions. Boras found Prince Fielder $200+ million on January 26th, but neither Bourn nor Lohse have the value that Prince Fielder did. Given their lesser status, I predict Bourn to sign within the next next 2 weeks at 3-4 years and a contract between $50-65 million. Lohse a few days after Bourn for 3 years and $24 million. Recently I've been having an inner conflict between my hear and my brain concerning free agent signings, so to appease both body parts I'll report both outcomes. My brain says Bourn goes to Texas while my heart says he fits best in Baltimore. As for Mr. Lohse, my brain says the Cardinals re-sign him, but my heart thinks he fits best in Pittsburgh. These are the two top players left on the market, they represent the scraps of Baseball we continue to cling to until very soon, Baseball officially returns, and all Baseball fans can emerge from their torpor. Opening Day is coming; we just have to have a little more patience. 

Tuesday, December 4, 2012

Winter Meetings: Day 2

Baseball's Winter Meetings in Nashville, Tennessee got off to a quick start yesterday with a number of free agent signings including Mike Napoli, Joakim Soria, Angel Pagan, and James Loney. No contract was signed that totaled more than $40 million, but each contract signing improved the club involved, and made the players involved all rich men with secure jobs, something the average American cannot claim. So, what happend in day 2?

Dan Haren
Washington Nationals sign Dan Haren to 1-year $13 million contract: The Nationals are always making headlines with their pitching. Most recently, the club traded young fireballer Alex Meyer to the Twins in exchange for center fielder Denard Span. That move opened up a lot of moves for the Nats involving position players, but while tons of rumors have been flying concerning Adam LaRoche and Michael Morse, it was the Nats rotation that got a boost on day 2. Haren, most recently rumored to have been traded from the Angels to the Cubs, should be happy about this deal. He has a chance to bounce back and prove he deserves a longer term deal going into 2014, while simultaneously making $13 million for one year's work. Haren's numbers last year were not good, and combined with a hip injury, he didn't look like a player who could garner more than $10 million for one season going into 2013. Haren projects well according to PECOTA due in large part to his recent history, which has been very good. Harne's drop in fastball velocity isn't a good sign, but the better pitcher learn to get around drops in velocity by throwing more strikes on the corners, and outsmarting hitters using pitch selection and movement. Here's the best part of this deal, Haren doesn't have the pressure on him that he could have had elsewhere. The Nationals may be a playoff contendor, but Haren isn't the 1st, 2nd, or even 3rd starter for D.C.'s team, he's 4th at best. If Haren can post the 3.51 FIP Bill James expects him to, he'll provide plenty of value to the Nats. The Nationals are paying a steep price here for someone trending the wrong way, but it's only for one year, and the Nationals, while built to win now, are also built to win in 2 years.
My Grade: B

Shane Victorino
Red Sox sign Shane Victorino to a 3-year $39 million contract: First of all, congrats to Shane on this contract. Victorino will receive 30% more money per season over the course of his deal with the Red Sox than Angel Pagan will receive in his deal with the Giants. So did the Red Sox overpay? The first reaction on Twitter was that this deal won't work out well for the Red Sox. Much of this reaction is based on Victorino's 2012 performance. After 4 straight seasons over 100 wRC+, Victorino managed only a 94 in that category. In addition, Vicctorino's .310 wOBA, .128 ISO, and 8.0% BB rate were all 5 year lows for the Flyin' Hawaiian. On the other hand, Vic stole 39 bases last season, and hit left-handed pitchers to the tune of a .391 wOBA. Shane's defense and base running remained fixtures of his overall value last season posting a 2.3 UBR, 2 DRS, and 4.4 UZR last season splitting time between the Phillies and the Dodgers. The reason this deal works well for the Red Sox isn't necessarily clear on the surface, so let's look deeper. Victorino hits better from the right side than the left, and what sits so obtrusively in left field at Fenway Park? If you guess the Green Monster, you would be correct. In order to get on base at Fenway, all a hitter needs to do is hit a ball off of the Green Monster, which is located only 320 or so feet away from home plate. Once Shane gets on base he is a threat to steal, allowing bigger bats like Johnny Gomes, David Ortiz, and Mike Napoli to knock him in. Defensively Victorino can play right field, and if the Red Sox decide to move Ellsbury at the trade deadline, Shane can move from right to center field. The Red Sox signed Mike Napoli and Shane Victorino for 3 years at a combined total of $78 million. B.J. Upton recently signed a 5-year $75.25 million contract. So the Sox get two older players for about the same amount of money as the Braves got Upton. Looks bad, but Victorino and Napoli are more projectable, whereas Upton was signed based a lot on unproven talent. Seems like the Red Sox are making smart signings, not flashy ones.
My Grade: B+ (Sure, this might not turn out the way the Red Sox want it to, but it gives them enough options to make me think it will work out well for both sides.)

As usual, hundreds of rumors for all sorts of players were thrown around today. Some included Diamondbacks young studs Tyler Skaggs and Trevor Bauer, while others concerned R.A. Dickey and Justin Upton. From what I can tell, the second that Zack Greinke works out a deal with either the Dodgers or the Rangers (currently the two likeliest candidates), we will see a lot more signings. The other interesting factoid is that Michael Bourn remains unsigned. A Scott Boras client, Bourn, like Prince Fielder last season could go another month without signing a contract, but my guess is that he ends up with a contract in the next 2 weeks. For more on the Winter Meetings, check out the Summerpastime Facebook page at www.facebook.com/SummerPastime or check out the Summerpastime Twitter feed at @summerpastime.

Thursday, November 29, 2012

It's What We Call A Win-WIn

Yesterday, former Rays center fielder B.J. Upton agreed in principle to a 5-year $75 million contract with the Atlanta Braves. Today, Upton officially signed the contract, and the Braves held a subsequent press conference officially announcing the news. After weeks of scouting, crunching numbers, and meetings, the Braves front office zeroed in on Upton as their first choice to take over for departing outfielder Michael Bourn in center field. At the same time, numerous reports came out speaking of the Phillies desire to sign Upton as well. While the Phillies may have been showing interest in Upton in order to increase the amount of money the Braves would need to pay to secure the former Ray, most in the business took the Phillies as a serious threat. It has been reported that the Phillies would not go higher than 5/55 for Upton (numerator is years/denominator is total amount of money), a sign that they either valued him less, saw some flaws that Atlanta either didn't see or overlooked, or truly want another center fielder, but couldn't be seen not going for Justin's older brother.

Nonetheless, the fact remains that Upton is now a Brave, in he'll remain a Brave for 5 more seasons. The Braves, unlike the Phillies, are not willing to spend large sums of money on free agents. An obvious and germain fact given that the contract they gave Upton is the largest ever shelled out by the Braves to a free agent. Atlanta, being a mid-market team, likes to build through the draft, and use their money to either fill in the rest of the spots on the roster or make a splash with one or two bigger names. Up till now, the team had been using the former approach as opposed to the latter. On the other hand, does this most recent signing point to a team that's going to be very active in free agency? It might, but it doesn't imply that Atlanta is focusing any less energy on building their organization from within.

I recently wrote an article about qualifying offers. Essentially, a qualifying offer is a one-year contract offered by a team to a top-50 free agent. The player then has a specific amount of time to decide whether to accept or not. If the player rejects it, hoping to score a longer more lucrative deal on the open market, his former team will now receive a compensatory pick at the end of the first round of next year's draft. The team making the qualifying offer must be willing to have the player accept the deal. This can be difficult for mid-level and small market teams because the value of this one-year deal is usually high, $13.5 million this offseason.

Now that you're caught up on qualifying offers, I can explain the genius behind the Braves recent moves. First a time line.

1) 2012 season ends, Michael Bourn and B.J. Upton head for free agency
2) The Braves make a qualifying offer to Bourn, and the Rays do the same for Upton
3) Both players reject the qualifying offers allowing them to sign with any team they desire
4) Braves sign B.J. Upton to 5-year $75 million contract

Signing Upton means that the Braves won't be resigning Michael Bourn. When Bourn signs with a different team, the Braves will receive a compensatory pick at the end of the first round to replace the first round pick they lost when they signed Upton. Okay, so the pick they will receive for Bourn won't be as high in the first round as the pick the team relinquished, but they now have a center fielder, and still have a 1st round pick. That's the definition of a win-win situation, perfect for a mid-market team.

A small market team wouldn't have the capital to spend on a free agent like Upton, so the prospect of losing a first-round draft pick doesn't exist. This situation is perfectly depicted by the Rays, who will receive a compensatory pick for losing Upton, but won't relinquish their own 1st round pick as they won't be spending money on a top-50 free agent. A big market team, say the Dodgers, have such a plethora of money to spend on free agents at any given time that the loss of a draft pick is a reasonable price to pay. Really, it isn't a good price to pay because draft picks equal capital as much as money in the bank, but big market teams have the flexibility to care less and spend more.

So, the Braves made out like bandits. They will still pick in the first round, and will have a PECOTA predicted 2+ WARP average player for the next 5 seasons. Some of this was made possible by circumstance. If the Braves hadn't had a top 50 free agent they didn't want to resign, signing Upton would have been more costly. So, while it was a win-win for the Braves, as will all things in Baseball, luck and randomness played a part. Still, let's not forget, the job of good front office personnel is to make the best out of the given situation, something Frank Wren's staff performed exceptionally well.

Now that we have correctly congratulated the Braves for a job well done, what comes next? The Phillies, who supposedly lost out on the Upton sweepstakes, still need to find the team's next center fielder. The list may have shrunk by one, but numerous options remain for Ruben Amaro and the Phillies front office. Josh Hamilton, who I argue should be moved to a corner outfield spot, the aforementioned Michael Bourn, Angel Pagan, and Shane Victorino are all still free agents looking for a home. The team could look to trade to fill the post, with Dexter Fowler, Peter Bourjos, and Denard Span rumored to be possible trade candidates, but that costs prospects, not money. More likely, the Phillies are either looking to make a big splash, something they have been prone to do in the recent history, by signing Josh Hamilton, or have something else up their sleeve. With the winer meetings coming up and Upton now a Brave, the chances of the Phillies having a new center fielder very soon has gone up considerably, only adding to the fire in the hot stove.

Sunday, November 4, 2012

The Supermarket of Center Fielders

Slugger Josh Hamilton
A center fielder here, a center fielder there, center fielders everywhere. I know it sounds silly, but that little ditty describes the 2012-2013 free agent market with remarkable accuracy. Not only is this winter's market chock full of center fielders, but it's full of valuable ones. While there are very weak options at numerous other positions, outfield, and specifically center field has a number of great options. Some are flashy big name candidates like Josh Hamilton and Michael Bourn, and others are solid options with the potential for more like B.J. Upton and Angel Pagan.

Here is some general information on these 4 players:

Age
Bats/Throws
Experience
Hamilton
31
L/L
6 Years
Upton
28
R/R
7 years
Bourn
29
L/R
6 Years
Pagan
31
S/R
7 Years

All 4 of these players are about the same age, and they have all played about the same number of MLB seasons. Angel Pagan offers the most versatility because he can hit from both sides of the plate, but rarely does sidedness change a team's decision on whether to sign a player or not. Let's go a little more in depth.

Best hitter: The best overall hitter amongst these players is Josh Hamilton. This shouldn't come as a surprise. Hamilton was the American league most valuable player in 2010. He is the only true power hitter of the bunch, notching the highest wRC+ at 140, and hitting for the highest wOBA at .387. Hamilton is a slugger, averaging about 33 home runs per season over the last three years. He easily has the highest ISO of this foursome at .292. Hamilton is the pure hitter of the bunch, and honestly, any team that signs him should seriously consider making him a corner outfielder that takes some reps as a designated hitter (pending he remains in the AL). Not only does Hamilton hit well, but he also gets on base, sporting the 2nd best BB% of these four at 9.4%. None of this is all that surprising. Hamilton is a middle-of-the-order hitter, Pagan and Bourn are best as leadoff hitters, and Upton is the lone enigma, sporting the best potential to hit both for power and to use his speed.
Michael Bourn

Best Fielder:
FRAA UZR DRS
Hamilton -1.5 -12.6 -9
Upton -6.5 -2.4 -4
Bourn 0.4 22.4 24
Pagan 10.9 0.1 -6

When looking into fielding, metrics only tell some of the story. On the other hand, I've seen all four of these outfielders play, and the three distinct fielding metrics seen above tell the story very well. Michael Bourn is without a doubt the best fielder of this bunch. Bourn, along with Jason Heyward and Martin Prado made for the best combined defensive outfield in MLB last season. Atlanta is a larger than average sized park, giving Bourn a great deal of room to cover. Bourn's incredible speed, above average arm, and very good instincts make him the best current defensive center fielder, but speed diminishes quickly, and any team that signs Bourn to a long-team contract should know that Bourn probably won't be able to keep up this production in center field in the long-term. Interestingly, Baseball Prospectus' preferred defensive metric FRAA, values Angel Pagan higher than Michael Bourn. Fielding runs above average is not a zone-based metric, instead if looks at the plays made by the average defender at the given position and compares it to the plays made by the given player. Pagan's 10.9 is considered excellent, while Bourn's 0.4 puts him at about average. Due to the difference in calculation between these defensive metrics, a team looking to upgrade their defense in center field might see Pagan as a better short-term option as he combines average defense in terms of range and an excellent defender in terms of play-by-play comparison. 

Most Potential: The player with the most potential is definitely B.J. Upton. Upton is the youngest player of these four, with a great set of tools. Many think that Upton needs a change of scenery, as the Rays drafted him hoping for superstar potential, but he never lived up to the hype. Upton has averaged a 3.9 fWAR over his last 6 seasons, all leading up his prime years (27-32 years old). Upton has a very strong arm, great speed, and has shown the ability to hit for power. Upton's issues revolve around his high strikeout rate, ranging from 28.1% to 21.2% combined with his low walk rate, which has ranged from as low as 7% to as high as 15.2%. Josh Hamilton and Michael Bourn are clearly flashier candidates, but due to those two, Upton has the chance to fly under the radar. His relative youth, skill set, and consistently moderate productivity make him the player with the best chance to break out and become a star.
Angel Pagan
Best Value

WARP
fWAR
rWAR
Hamilton
3.9
4.4
3.4
Upton
2.1
3.3
2.6
Bourn
3.7
6.4
6.0
Pagan
4.7
4.8
4.0

So, Josh Hamilton is the best hitter, Michael Bourn the best defender, and B.J. Upton has the most upside, but the best value at centerfield has to be Angel Pagan. Obviously, if a team is in need of a power hitter, the only choice is Hamilton, but looking at all four players objectively; Pagan provides the best overall package. From a hitting perspective, Pagan's .334 wOBA and 113 wRC+ put him second amongst these four players in both categories, and his .152 ISO was at league average for 2012. Pagan is a versatile player; he is a switch hitter, but can also bat in many spots in the batting order. He provides above average defense, and has proven he can play well in one of the largest parks in the Majors in San Fancisco. Pagan is 31 years old, so a long-term deal would not make sense, but he might provide the best overall value over the next 3 seasons in comparison to Hamilton, Bourn, and Upton. Upton is an unknown, Hamilton is one-dimensional and has had substance abuse problems in the past, while Bourn's game is based around speed, which diminishes rapidly as age increases. 

Best Fits:

Josh Hamilton is set to make a boatload of money. From the team perspective, his best value is in a 3 to 4-year contract, but with Hamilton looking of something more in the range of 7-8 seasons, it minimizes the number of good pairings. Teams that make the most sense for Hamilton are mid-major teams like Seattle, Baltimore, and Milwaukee. All three teams would most likely attempt to move him to a corner outfield spot, but that would be a solid career move for Hamilton to accept. 

Michael Bourn is a speedster, who will immediately upgrade a team's defense in the outfield, and solidify any team's leadoff spot in the batting order. Teams that make sense for Bourn are the Yankees, Nationals, Giants, and Dodgers. 

B.J. Upton
B.J. Upton is the most difficult player on this list to place. The biggest difficulty in signing Upton will be that any team to do so will most likely end up overpaying him. If we project Upton to continue to put up ~ 4.0 fWAR over the next 4 seasons, he would be worth about $80 million. On the other hand, insider Jon Heyman of CBS Sports projects Upton to sign a contract in the 5-year $60 million range. Teams that would fit Upton include the Phillies, Nationals, Rangers, Braves, and Dodgers.

Lastly, let's consider Angel Pagan. Pagan is a solid all around player. The only knock on him is that unlike these other 4 players, Pagan has only put up really good numbers in two out of his 7 seasons in MLB. Otherwise, Pagan is a great option, due to his offensive flexibility, defensive abilities, and experience. Unlike these other four center fielders, any deal Pagan signs will most likely be shorter-term and less expensive, thus he becomes a good option to a team looking to upgrade in center field without spending a lot of money. In addition, the Giants didn't make a qualifying offer to Pagan, meaning any team that signs him won't lose their first round draft selection. A good contract for both Pagan and the team that signs him would be in the area of 4 years worth about $45 million. Teams that make sense include the Phillies, Giants, Dodgers, Rangers, Braves, and Nationals. 

In the end, all four players are solid outfield options. The only things we truly know are that all four players will become very rich men, and, going into the 2013 season, four teams will have new center fielders.