Recent Movement: Part 1

Baseball's Winter Meetings may be over, but it doesn't mean the shopping has stopped. We are only a few weeks away from the biggest gift giving time of the year, and it seems like Baseball's general managers have gotten the message. Recently, a number of big names have found new homes, and I have taken it upon myself to evaluate these deals. So, let's get started.

Greinke In Dodger Blue

Dodgers sign Zack Greinke to a 6-year $147 million contract: Yes, the moment we were all waiting for. Greinke represented the largest domino out there; once he signed, we would see every other pitcher on the market begin signing contracts. Greinke's contract makes him the highest paid right-handed pitcher ever, and the contract's average annual value of $24.5 million surpasses the C.C. Sabathia's $24.4 million AAV as the record for a pitcher on a multiyear contract. The Dodgers had money to spend, and they went for the gold. Greinke joins Josh Beckett and Clayton Kershaw atop the Dodgers rotation, giving them a solid 1-2-3- punch that every playoff team needs. Greinke's contract will take him through his age 34 season, which means the Dodgers will get Greinke's production before it begins to seriously slip due to age. PECOTA forecasts Greinke's future value as such:

	WARP
2013	3.5
2014	3.5
2015	3.4
2016	3.1
2017	2.9
2018	2.6
Average	3.17
Median	3.25

If we extrapolate those forecasts to value in dollars, this deal should benefit both Greinke and the Dodgers. Greinke has proven he can pitch in both the American League (Kansas City Royals and LA Angels) and the National League (Milwaukee Brewers). There is little to say about Greinke's production or this contract, as it seems as though both sides accomplished their respective goals. Greinke becomes a very very rich man who will be in annual contention to make the playoffs, and the Dodgers acquired the top-tier starting pitcher they needed to complement fellow ace Clayton Kershaw, making a big splash with their newfound deep pockets. The Dodgers and Rangers were both vying for Greinke's services, but the Dodgers came out on top. Choosing LA over Texas makes sense for Greinke given that Dodger Stadium ranks tied for the 25th least hitter friendly park in the majors (Park factor of 0.867) while the Ballpark in Arlington ranks as the 4th most hitter friendly park in the league (Park factor of 1.183).

My Grade: A (Greinke and the Dodgers both wanted this union. The Dodgers look to have paid a reasonable amount, while Greinke made a solid career choice, choosing a more hitter friendly home park over the exact opposite.)

Pirates sign RHP Jason Grilli to a 2-year $6.75 million contract: The most fascinating part of this deal is that former MLB outfielder Gary Sheffield represents Jason Grilli. Apart from that aesthetic aspect of this deal, the Pirates sured up their bullpen by bringing back the 33rd best reliever in MLB in 2012 according to Fangraphs calculation of Wins Above Replacement. For comparison's sake, let's look at both Jonathan Broxton and Raphael Soriano, who ranked just better than Grilli last season. Soriano remains a free agent, but he did turn down a qualifying offer ($13.5 million/1 season) to test the waters for more money, showing that he thinks his services are worth more than $13.5 million per season. Broxton recently signed a 3-year $21 million contract with the Reds, which puts his worth at about $7 million per season. Grilli's new contract will net him about $7 million over two years. See the difference? The Pirates made out great here.

	IP	K/9	BB/9	LOB%	FIP	WAR
Jonathan Broxton	58	6.98	2.64	79.2%	3.03	1.3
Rafael Soriano	67.2	9.18	3.19	88.0%	3.32	1.2
Jason Grilli	58.2	13.81	3.38	82.8%	2.8	1.1

The pirates retain a veteran back end of the bullpen pitcher who strikes out hitters at a great rate, and does a good job of keeping base runners from scoring. Grilli is durable, putting up the same number of innings pitched as Broxton who is 8 years Grilli's junior.

My Grade: A- (The Pirates are taking a chance on an older reliever who has never posted K/9 numbers like he did in 2012. It probably points toward some regression, but even still, this is a very team friendly contract. Given the Pirates young arms in the rotation, giving Clint Hurdle a reliable righty in the pen is a solid move.)

Twins sign RHP Kevin Correia to a 2-year $10 million contract: This deal isn't a blockbuster, but I'm sure we can find something interesting here. Correia is a replacement level pitcher who has the ability to "eat innings". Correia was lucky to get a 2-year contract given his less than stellar production over the last few years, but if any team were to sign the veteran, the Twins make some sense. While many of us think of Target Field as a pitcher's park, in reality it is the 10 best hitter's park in the Majors. This means that Correia's numbers could take even a greater turn for the worse in Minnesota. He'll be pitching in a hitter friendly park while simultaneously moving from the NL to the AL. This deal heavily favors Correia since he'll be getting paid an AAV of $5 million, which equates to about 0.9 wins per season, a number, that given his recent production, will prove difficult for Correia to achieve.  On the other hand, if Correia puts up solid first half numbers in 2013, he could be a perfect trade deadline candidate as he has a team friendly deal with a full year of control for 2014. If his production continues to decline, the Twins have essentially signed a place holder until recently acquired young pitchers like Trevor May and Alex Meyer are ready to play big-league ball.

My Grade: C- (A lot of ifs are involved here. He could turn out to be a valuable asset, but too much of the evidence points towards the opposite. Correia is making way more money than he's likely to be worth, so from his side, this deal is an A.)

Kevin Youkilis

Yankees sign 3B Kevin Youkilis to a 1-year $12 million contract: It was no surprise to anyone when the rumors came in about the Yankees being in hot pursuit of Kevin Youkilis. Youkilis represented the best free agent option at third base, and with Yankees 3B Alex Rodriguez out for at least the first half of 2013, the Yankees would settle for nothing less than the best available option. Last season the Red Sox replaced Youkilis with a younger model, but shipped him off to the Windy City. In Chicago, Youkilis got back on track, returning from an injury to post solid numbers (109 wRC+, .339 wOBA, and .188 ISO). PECOTA projects Youkilis to return to his former self, 3.9 WARP, .303 TAv, and .374 OBP. Youk, known as the "Greek God of Walks", has always provided value by getting on base at well above average rates, while providing enough power to compensate for his utter lack of speed. The Yankees gain a versatile veteran who gets on base, and might produce more value than a healthy A-rod would. Youkilis is looking to show the league that he hasn't lost a step despite a down year in 2012, hoping to net himself a multi-year contract beginning in 2014. 

My Grade: B+ (This deal works for both sides. Honestly, the Yankees should have made a longer commitment to Youkilis. A-rod is as close to a sunk cost as a player can get, and if Youkilis can replace Rodriguez for the next 3 seasons, it might seriously benefit the Yanks. This deal gives the Bronx Bombers some options, as Cashman and company can let Youkilis go after 2013 and either make a deal for another third baseman, or risk going with A-Rod in the future. Youkilis gets a healthy contract, looking to justify a multi-year deal going into 2014.)

Ichiro Suzuki

Yankees sign OF Ichiro Suzuki to 2-year $13 million contract: At 39 years old, Ichiro is not the superstar he once was, but he's still a viable MLB outfielder. After performing miserably at the plate in Seattle last year, Ichiro resurrected his hitting production in NYC, going from a .261/.288/.353 slash line as a Mariner to a .322/.340/.454 slash line in pinstripes. The biggest difference in Ichiro's approach to the plate between his time in Seattle and New York in 2012 was that in NYC, Ichiro became more selective. His swing percentage dropped from 49.8% to 46.6%, which caused an increase in hitter's counts. By becoming more selective, Ichiro saw more fastballs, and thus began to put the ball in play in places that allowed him to reach base safely. He his more home runs in New York (thank you short porch), and hit the ball on the ground more often, causing his infield hit percentage to double. The biggest drop off between his play on the west coast and his play on the east was Ichiro's defense. He posted a +13 DRS in Seattle while compiling a well below average -7 DRS playing in the New York outfield. This is a wild swing in defensive abilities, but given the difference in total plays made between Ichiro in Seattle and in New York, the difference in defensive efficiency can be explained by a massive difference in sample size. In the few plays Ichiro made in New York, he didn't perform well, but had he made 4 times as many plays, his top-notch defense would have shown through. The Yankees don't have a proven lead off hitter, but the combination of Brett Gardner, Derek Jeter, and now Ichiro Suzuki should serve as suitable fill-ins. The most surprising part of the deal is that Ichiro found a contract offer for more than 1-year, but after rumors surfaced that the Phillies has offered Ichiro a similar contract, the Yankees were forced to pony up an extra year in order to retain Ichiro's services.

My Grade: B (The Yankees get a cheap option to play the outfield well who uses his speed and savvy to get on base and create runs. Ichiro got the ever illusive 2nd year despite being 29 years old. This isn't a perfect deal since Ichiro's age points towards a decrease in future production, and the Yankees have other needs to fill.)

Reds sign 3B Jack Hannahan to a 2-year $4 million contract: This isn't a biggie, but it is worth noting. The Reds recently acquired Shin-Soo Choo from the Indians via trade, but with the likelihood of the Indians bringing back Scott Rolen decreasing by the second, Hannahan makes a find replacement. Hannahan is a solid defender at third base, putting up a positive DRS in all 5 of his MLB seasons. On the other hand, FRAA, used by Baseball Prospectus, shows that Hannahan has always been a top defender, posting a 16.1 and 10.9 FRAA in 2011 and 2012 respectively. As far as back-up infielders go, Hannahan will serve the Reds well. Hannahan's splits show a huge disparity between his ability to hit right-handed pitching over left-handed pitching. Hannahan posted a 100 wRC+ vs. RHP last season, but an abysmal 40 wRC+ against left-handers. Look for the Reds to put Hannahan in the starting lineup when the Reds run up against right-handers. 

My Grade: B+ (I like this deal for both sides. Hannahan was essentially left out to dry by the Indians, but Cleveland is all about rebuilding at the moment, and a solid platoon third baseman would only take up a roster spot for the Indians. For the Reds, Hannahan represents half the answer at the hot corner. Hannahan will platoon with Todd Frazier, an up and comer for the Reds on the left-side of the infield.)

That's all for this edition of free-agent frenzy, join us next time when we discuss the Josh Hamilton signing, as well as others. 

Getting Younger, Well, Not Exactly

Michael Young

Today, the Philadelphia Phillies acquired Texas Rangers 3rd baseman Michael Young in exchange for right-handed pitcher Josh Lindblom and minor league reliever Lisalverto Bonilla. Supposedly, this deal was made 2-3 days ago, but the teams had to wait to make it official due to Young's no-trade clause. Today, Young waived the clause, after negotiating $1.2 million more on top of his contract, to compensate for the state tax difference between Texas and Pennsylvania. The Phillies have Young signed for 2013 but not beyond that. The Rangers seriously wanted Young gone, which is unsurprising given Young's recent complains concerning the loss of his starting job. The Rangers will pay $10 million of Young's $16 million salary for 2013 so he can play third base for the Phillies.

So, what are the Phillies getting in this deal? Is it the Michael Young who had 5 consecutive 200+ hit seasons, the comeback kid who compiled 213 hits as a 34 year old, or last season's -1.4 win player who seemed to have fall off the age curve cliff? Young has spent his entire career in Texas, and leaves the team as the franchise leader in hits, games played, and doubles. Fortunately for the Phillies, Citizens Bank Park and the Ballpark in Arlington are two of the most hitter friendly parks in Major League Baseball, thus Young shouldn't experience any drop off due to a park change. Young's career has been built on his ability to hit for average, but unfortunately, not much else. Young's .147 career ISO has more to do with his ability to hit doubles rather than any significant home run power, and he has a below average career BB% at 6.6% compared to the 2012 league average of 8.0%. On the other hand, Young consistently racks up the hits, and unless there is a significant drop off in swing speed or the ability to make contact with pitches in the zone, the hits should continue to come.

	Young	League Avg
Contact %	79.90%	85.90%
SwStr%	9.10%	7.10%
Z-Contact%	87.20%	89.80%

As you can see, even in his worst season in the big leagues, Young continued to make well above average contact, make better than average contact on pitches in the strike zone, and accumulate as many swinging strikes as the average player in 2012. So what went wrong? Young's 2012 season marked his lowest in terms of BB%, batting average on balls in play, and OPS+. Given Young's consistently below average BB% throughout his career, seeing him walk even less isn't something to worry about, but his .299 BABIP could be an issue. The low BABIP derived from his increased ground ball percentage coupled with an attrition in his fly ball percentage. If Young can get a bit more lift on the ball this year, Phillies fans shouldn't be surprised to see him return to some semblance of his 2011 self. It might be unreasonable to assume or even forecast Young's power to return, but getting the ball in the air more can lead to more extra-base hits.

Other than Young's on-field production, this move makes a lot of sense for the Phillies.  The Phillies have most of their payroll wrapped up in 4 players (Howard, Halladay, Lee, and Hamels), and while many thought Ruben Amaro would spend frivolously on free agents, instead he has adroitly acquired necessary parts via trades. In doing so, the Phillies retain the ability to make a move on the free agents who remain. This move opens up options for RAJ; allowing him to go after a corner outfielder like Cody Ross or Nick Swisher as well as top of the line bullpen help like Peter Moylan, Jon Rauch, or Mike Adams. In addition, it allows the Phillies to go after a high-risk high reward starting pitcher like Daisuke Matsuzaka, Jair Jurrjens, or John Lannan. Young isn't perfect, but he shouldn't be as bad as last season. Combining his skills at the plate with Kevin Frandsen's slightly above-averaged fielding will make for a viable option at third base, and a suitable replacement for the departing Placido Polanco, while waiting for prospect Cody Asche to mature.

The Rangers have a good young prospect in Mike Olt primed to take over the hot corner, which made Young expendable. Couple Young's age, diminishing production, and desire to start together and you get the perfect candidate for a trade. The Rangers picked up two relief pitchers from the Phillies. Josh Lindblom, who the Phillies received from Los Angeles in the trade that made Shane Victorino a Dodger, and all Lindblom did was finish dead last in wins amongst all Major League Relievers (-1.1). Lindblom's high BB/9 of 4.44, low GB% at 35.8%, and high HR/FB % of 15.7% show that he can't keep the ball in in the strike zone, but when he does, it has a tendency to fly out of the park. These stats show a pitcher who won't give up solo home runs, but instead will allow 2-run and 3-run home runs due to his propensity to allow base runners. While all of these are correctable, Lindblom now enters an even more home run friendly park, which doesn't bode well for the young righty.

Lisalverto Bonilla

The scouting report on Lisalverto Bonilla is that he has performed much better as a reliever than as a starter. Even since moving the bullpen Bonilla's FIP has fallen due to more strikeouts and fewer home runs. He still walks too many hitters, which means that if Rangers see an increase in home runs given up they will also see worse overall results from Bonilla. According to the scouting report at Phuture Phillies, Bonilla has a good fastball with great changeup, giving him a good pitch combination for a late inning reliever who can get out righties with regularity. At 22 years old, if Bonilla can put up similar numbers over twice the number of innings, he could become a full-time big leaguer by 2014.

Overall, from the Phillies side, this trade was slightly reassuring. Michael Young isn't the answer long-term, and he might not even be the full-time answer at third base this season, but given the abysmal market for third baseman this offseason, Amaro should feel proud of this move. He has many options as far as what to do next, but going after either Nick Swisher or Cody Ross seems logical. PECOTA expects Young to put up 1.2 wins next season, which would be worth about $9 million, 33% more than what the Phillies will pay Young in 2013. The Bill James projections also see a return to semi-normalcy for Young, predicting a .330 wOBA, 176 hits, and a .343 on base percentage.
My Grade: A- (Phillies now have an option at third, and didn't increase payroll, while the Rangers get a possible future set-up man and clear room for Mike Olt at 3rd)

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.

Bouncing Back

Looking through the list of free agents this offseason, a few names popped out to me as players who are prime for a bounce back year. This denotes a player who has talent, or has proven efficiency on the field before, but had a relatively disappointing season that pushes them from "in for a payday" to "looking for a job". First I'll outline a hitter who fit this description, then a pitcher, and finally I'll make some predictions as to where said players will play next season.

James Loney: Loney is coming off of a season in which he hit for a .249 batting average, hit only 6 home runs, and put up a very weak 70 wRC+. In his career, Loney has a .282 batting average, 103 wRC+, and .137 ISO. He's put up two seasons in his career with an fWAR above 2.0, 2007 and 2011, and he consistently performs well in high leverage situations as shown by his predominantly positive clutch numbers. So, from a hitting perspective, it might seem like Loney is a player in the beginning of decline. For a number of years he put up solid numbers, and very recently they fell off. This thinking may have prompted the Dodgers to involve him in a trade to the Boston Red Sox, while the idea that Loney's 2012 was merely a minor aberration possible coaxed Boston into accepting him via trade.

Defensively there is much less to speak of. Loney has almost always been a very good defender. All three major defensive stats, UZR, DRS, and FRAA portray Loney as a well above average defensive first baseman. Loney is slightly below average as a base runner, but throughout his career he hasn't caused too many issues on the base paths.

Both the Bill James projections, and PECOTA projections on Baseball Prospectus predict a bounce-back year for Loney. While Bill James doesn't make predictions in the form of wins above replacement, PECOTA has him as a 1.3 WARP player. That would be an increase of 2.7 WARP from 2012 to 2013. In addition, PECOTA has Loney at an .812 OPS, with 12 home runs, and 66 runs scored. The Bill James predictions put Loney at a .743 OPS, with 7 home runs, a wOBA of .319, and an ISO of .127.

Loney's numbers show a player who will improve, especially give his low .269 BABIP from 2012. Some of this was due increases in swing percentage, strikeout percentage, and swing percentage on pitches out of the strike zone. On the other hand, some of his low BABIP is explained by bad luck. BABIP normalizes on a year-to-year basis to around .300, so we can expect a higher BABIP, and thus higher batting average merely based on randomness.

Because Loney had such a poor 2012, and he just completed his 3rd year of arbitration, mid-level and poorer teams will have a better chance of signing Loney while the teams with more money, and thus options, will look for the better, flashier players at the same position. This is even true in 2013 when the market for 1st basemen is distinctively barren. Teams that should give Loney a looksy include the Tampa Bay Rays, Boston Red Sox, and the Seattle Mariners.

The Rays need inexpensive hitting, combined with consistently solid glove work, and a short commitment. Loney fits all three of those categories. He should hit better than the Rays 2012 1st baseman, Carlos Pena, his price tag shouldn't be more than $6 million for the season, and a 1-year contract would suit him well. If Loney can have a the bounce-back year I, Bill James, and PECOTA predict he will, he could use it as leverage to sign a multi-year contract for more money, as he would sign such a deal before his 30th birthday.

Boston needs a first baseman to replace Adrian Gonzalez, but given the awful stock of free agents, Loney's connection with Boston, and his path towards a rebound year, Loney would make sense for the Red Sox as a backup plan. The Sox have money to sign whomever they want, could look towards a trade for the answer, or remain patient and look into filling the vacancy at 1st base later. Loney would provide a solid 1-year stopgap, but it comes down to whether the Red Sox can't find a better solution elsewhere.

The Mariners have a solid infield with Dustin Ackley, Brendan Ryan, and Kyle Seager at 2nd base, shortstop, and 3rd base respectively, but everyone knows Justin Smoak isn't the answer going forward for the M's at 1st base. With prospect Nick Franklin on pace to replace Ryan in the 2nd half of 2013 or in 2014, the Mariners have bright, young players locked into three out of 4 infield spots. Having a sure-handed big target to throw to at first base would be an asset, and while the size of SAFECO field would usually be an issue for Loney, Seattle is moving in the fences. If the Mariners, like the Red Sox, look to use up some clock on finding a long-term option at 1st base, Loney would provide a great place holder at a cheap price.

Daisuke Matsuzaka: Commonly referred to as Dice-K, Matsuzaka came over to the United States from Japan, touted as one of the best pitchers to ever come from the far east. He cost the Boston Red Sox over $100 million is contract money and a signing fee, and didn't even remotely come close to living up to that sum of money throughout his 6 seasons in Boston. Now, Dice-K is coming off his worst season in the U.S. putting up negative fWAR, rWAR, and WARP. His career FIP is 4.37, a number he hasn't gotten close to over the last two seasons. His last 2 seasons were marred with high walk rates, high home run rates, and injuries. Ever since Dice-K stopped throwing his fastball early in the count to get ahead, his walk rates and pitches per plate appearance rates have risen, leading to fewer innings, more injuries, and poorer performances.

Despite two awful seasons, Dice-K had previously put up 10.4 fWAR in four seasons. His 2011 and 2012 were injury shortened seasons, meaning that if Dice-K can stay healthy in 2013, a team could count on him for 2 wins above replacement. PECOTA predicts 1.6 WARP while Bill James has Dice-K at a 4.28 FIP, 150 innings, and an 8.05 K/9. With his potential for a comeback, but also the possibility of another injury-laden season, Daisuke projects to get no more than a two-year deal. More likely he'll end up with a 1-year contract with a base salary of $5 million and some room to increase that number via performance incentives. Teams that should take a look at Matsuzaka include the Milwaukee Brewers, Pittsburgh Pirates, San Diego Padres, and the dark horse Texas Rangers.

The Brewers might consider looking at a better starter like Kyle Lohse, Edwin Jackson, or Scott Feldman, but with Gallardo, Estrada, and Fiers solidified in 3 of 5 spots, Matsuzaka could provide some value in the backend of the rotation. He won't be expensive, and a shift out of the stacked AL East to the less impressive NL Central can't hurt. The team already has fellow countryman Norichika Aoki in right field, which could create a friendlier environment for Dice-K. A signing like this would also give the Brewers a chance to sign a more expensive free agent like Josh Hamilton.

The Pirates fit into the same boat as the Brewers. The Buccos could use a back of the rotation starter at an inexpensive price. The Pirates have Jamison Taillon and Gerrit Cole prime to burst onto the MLB scene, but it's possible neither will be ready for any of the 2013 season. If Neal Huntington wants to move Cole up midway through the season, and Dice-K is either injured or pitching badly, Cole could fill Dice-K's spot. The Pirates, like the Brewers play in the NL Central, and there won't be any pressure on Dice-K like there was in Boston.

The Padres may be moving the fences in at Petco Park, but between Bud Black, and one of the larger parks in the majors, pitchers will still go to San Diego and come out with better stats. The NL West is a nice change of scenery for Dice-K; in fact the west coast is closer to his homeland of Japan. He can fit into the back end of the Padres rotation, live in sunny San Diego, and forget about his recent New England woes. The Padres get will keep putting Dice-K out there if he pitches at least to replacement levels, and if he goes on the DL, they will insert a prospect, no hard feelings.

The Rangers probably don't want Dice-K. To the Rangers he provides them nothing of value. Alexei Ogando would probably be a better option, and won't cost them any money, but I think could be hurting themselves by not looking into it. Dice-K would go to a warmer place, join with fellow countryman Yu Darvish, and be a part of a team that has young talent waiting in the wings, and a need for a 5th starter.

The job of the general manager is to find the most production for the least amount of money. Often times this value comes in the form of players on pace to rebound from a bad season. James Loney and Daisuke Matsuzaka may just be in the decline, accumulating worse and worse numbers until their careers come to a sudden end. On the other hand, given their age, previous success, and limited time due to injuries, both players have chances to be great pickups for a team willing to take a chance on one of them. If I had to predict I see the Padres signing Matsuzaka and the Mariners signing James Loney, but only Dice-K will truly bounce back.