Showing posts with label Pittsburgh Pirates. Show all posts
Showing posts with label Pittsburgh Pirates. Show all posts

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. 

Sunday, December 23, 2012

The Wheels Keep Turning

While many Americans will enjoy their mandatory occupational relief on on December 25th, the hot stove of the Major League Baseball offseason continues to burn, not unlike the ever burning yule log. With a number of the big name free agents no longer claiming unemployment, many of the contracts being currently negotiated, are the glue guys, not the big bricks. Every team needs players who fill the cracks, solidifying a team's roster, at least on paper. While these players don't command the same amount of media frenzy as say Josh Hamilton or Zack Greinke, oftentimes this lesser signings prove fruitful for teams once summer comes a callin'.

Rays Sign Roberto Hernandez (formerly Fausto Carmona) to a 1-year $3.25 million contract:
This is largest free agent contract ever tendered to a pitcher by the Rays. You might be saying to yourself, "Three and a quarter million dollars is the largest free agent contract given out to a pitcher by Tampa Bay, that figure has to be close to what Josh Hamilton will pay in taxes next year." Such a sentiment wouldn't be out of line, except that the Rays have found that the formula for success in a small market is to grow talent in expensive areas like pitching, and spend the little capital they have on positions players. The Rays' robust success since 2007 shows that their formula works. Moreover, the fact that the Pirates, Mariners, Twins, and Athletics have all employed a similar strategy seals the deal on the Rays' strategy. So, why would the Rays spend the most money they ever have on a pitcher on Roberto Hernandez, a righty sinker-baller who most recently took a year sabbatical due to immigration issues. Hernandez, formerly known as Fausto Carmona, is a tall righty who throws a hard sinker that has led to a career 58.5 ground ball percentage. The Rays recently traded a pitcher with similar numbers to Hernandez, Burke Badenhop. Badenhop sports a career 55.3 GB%, doing so mostly out of a bullpen roll, as opposed to Hernandez who has pitched almost exclusively from the starting rotation. Even after trading James Shields the Rays remain well stocked in the starting pitching department, thus, I expect Hernandez to replace Badenhop in the bullpen. His splits show an ability to force ground balls against both righties and lefties, and with his drop in free passes given out, Carmona has brought his WHIP to a reasonable level for a pitcher who plays to contact (1.36 avg WHIP 2010+2011). He should be an upgrade for the Rays, but it surprises me they would hand out so much money for a bullpen pitcher, which leads me to believe that he may be a quasi-relief pitcher throwing multiple innings per outing.
My Grade: B (Knowing the Rays, they will use Hernandez in such a way to maximize his value, we just don't know how they will play out.)

Cubs sign Carlos Villanueva to a 2-year $10 million contract:
The Cubs are stocking their roster full of starting pitchers that are prime to perform better in 2013 than they did in 2012: Scott Feldman, Scott Baker and now Carlos Villanueva. For a club that doesn't project to be a winning club for another few seasons, these moves make the Cubs out to be akin to a rehab facility. Pitchers with past problems come to the Cubs and leave reinvigorated, rejuvenated, and prime candidates to be moved at the mid-season trade deadline. The Cubs sign these pitchers to contracts that are just high enough to entice them to sign in the Windy City but low enough that teams with a need for starting pitching will be willing to negotiate a trade. Glenn DuPaul of Beyond the Box Score recently published his thoughts on predictive pitching statistics, pointing towards kwERA as a solid predictor despite it's simplicity. Using DePaul's formula for kwERA, I calculated Villanueva's 2012 kwERA to be 3.65, but his ERA was higher, coming in at 4.16. Given that split, it isn't unreasonable to assume that Villanueva should see some improvement in 2013. Since any team trading for the righty would get him for 1.5 seasons, and would take on only a minimal amount of salary, Villanueva projects as a very tradeable pitcher come July 2013.
My Grade: A- (The Cubs didn't make a large monetary commitment to the Dominican native, and should be able to parlay him for a return of prospects at the trade deadline. In the meantime, Villanueva has job security, a sizeable increase in salary from the $2,770,500 million he made last season, and the possibility to moving to a winning team by the latter part of the summer.)
  
Brewers sign LHP Tom Gorzelanny to a 2-year $5.7 million contract:
Finally, the Brewers sign a free agent. Up to this point, the biggest move the Brewers front office had pushed through was trading Raul Mondesi Jr. to the Rays in exchange for righty reliever Burke Badenhop. This move also improves the Brewer bullpen, but instead of giving up a very young toolsy prospect, Brewers GM Doug Melvin has committed just under $6 million over two seasons to land Gorzelanny. Gorzelanny hasn't been anything special as far as pitchers go, but since moving to the bullpen, his production has improved. As a reliever, Gorzelanny has posted a 3.76 FIP despite a lower BABIP, which comes from an increase in strikeouts and a decrease in home runs. While Gorzelanny sports better numbers against lefties than righties, the only difference is that he gives up fewer walks to lefties. Is he more confident against lefties? Does he get more calls from umpires? Maybe it's the types of pitches he throws. Either way, in order to justify his salary, Gorzelanny needs to post ~ 0.5 fWins per season. Since moving permanently to the bullpen, Gorzelanny has posted 0.9 fWins in 2 years. Using PECOTA's as a forecasting model, Gorzelanny should play up to his contract. The Brewers haven't addressed their lack of depth in their projected 2013 starting rotation, but have improved their abysmal bullpen, which should buttress their already explosive offense well.
My Grade: B- (Gorzelanny isn't a great bullpen pitcher, but he comes cheap, and even as a league average pitcher, represents an upgrade to the Brewers bullpen. If Gorzelanny can lower his walk rate and induce some more ground balls, he could provide extra value.)

Marlins sign 3B Placido Polanco to a 1-year $2.75 million contract:
This signing defines uninteresting. The Phillies made the easy decision to decline the $5.5 million option on Polanco, allowing him to become a free agent. Polanco spent much of 2012 on the disabled list. When in the lineup, he produced little offensively, but did provide continued above average defense at third base (2 DRS, 4.1 UZR, 5.2 FRAA). Polanco is a contact hitter that rarely strikes out. The key to his success at the plate is to reach base safely, sporting a career .344 on base percentage, but in 2012, Polanco's OBP dropped to a below-average .302. While much of this may have been due to a lower back injury that sidelined him for all but 90 games in 2012, if it is purely a decline in production, Polanco's career may be nearing an abrupt end. If he can put up the .279/.332/.368 slash line that Bill James projects him to produce, than Polanco might be rewarded by a mid-season trade to a contendor, or even another 1-year deal, for more money, in 2014. For the Marlins, this allows the team to either platoon the righty Polanco with lefty prospect Zack Cox, leave Cox in triple A for the year, or some combination of the two. Polanco hails from Miami, so signing there makes a lot of sense for him, in spite of the fact that Miami may compete with the Astros for worst record in MLB in 2013.
My Grade: A (This deal is good for everyone involved.)

Cubs sign RHP Edwin Jackson to a 4-year $52 million contract:
Edwin Jackson
2013 will mark Edwin Jackson's 7th full season in Major League Baseball. In 7 seasons, Jackson has played for 6 different teams, having been traded 5 times. Last year he signed a 1-year deal with the Washington Nationals. Jackson has become a "just better than average" starting pitcher. He sports a K%, BB%, and FIP that lie just above the league average. In 2012, Jackson experienced a drop in opponents BABIP (.278), signifying a regression toward the mean (.293) in 2013, but simultaneously saw a spike in his HR/9 (1.09 in 2012 0.72 in 2011). This spike in home runs could be due to pitching half of his games in Washington D.C., which ranks 13th out of 30th in most home runs surrendered by stadium, or it could point to some bad luck. Either way, using Jackson's kwERA and xFIP from 2012 (3.73, 3.79), it would seem that Jackson should put up better numbers in 2013. PECOTA doesn't like Jackson, forecasting him to put up under 1 WARP/season over the course of his new contract. Jackson, like most pitchers, does better after going up 0-1 in an at bat rather than starting the at bat with a ball. Jackson is at the point in his career at which intelligence and adaptability become more important than talent. If E-Jax can learn how to get ahead of hitters more often, combined with the switch to Wrigley Field, he could justify his $13 million AAV (2.6 fWins/season). This contract differs from most that the Cubs have tendered to players of recent in that it is a multi-year deal for a considerable AAV. It signifies that the Cubs are looking a little further down the road, locking up a better-than-average starting pitcher for 4 years. If the price for an "Edwin Jackson" type starter increases in the next 3 years as it most likely will, than by 2015 this deal could look like a steal. In addition, it isn't unreasonable to think that that Cubs will be in contention by 2015-2016, which could make Jackson a valuable and cheapish asset to have under control.
My Grade: B+ (Jackson gets an A for finally getting some job security and the highest AAV he's ever had, while the Cubs get a B. The Cubs are taking a chance, albeit not a huge one, so I can't say this is a slam-dunk.)

Rangers sign C A.J. Pierzynski to a 1-year $7.5 million contract:
After not signing Greinke or Hamilton, and failing to trade for Justin Upton, the Rangers finally make a move. Texas has signed veteran catcher A.J. Pierzynski to a 1-year contract at $7.5 million. Pierzynski put up great numbers in 2012, headed by a major power surge. Pierzynski hit a career high 27 home runs in 2012, leading to a .223 ISO. U.S. Cellular Field in Chicago has long been a hitter park, but it took Pierzynski until 2012 to take advantage of the home-run friendly nature of his home field. According to fielding metrics for catchers, Pierzynski has always been just below average, which is another way of saying playable. Pierzynski had massive splits between lefties and righties in 2012, hitting for a .369 wOBA versus righties last year but only .293 versus lefties last year. He'll be platooning at the catcher position for the Rangers in 2013 with fellow backstop Geovany Soto, making a solid hitting duo at the plate. Pierzynski isn't the long-term solution for the Rangers behind the plate, but since they need to look to upgrade at other positions as well, nailing down the catcher position at a pretty inexpensive price tag works well for Texas. Since the Ballpark in Arlington is as hitter-friendly, if not more hitter-friendly, than U.S. Cellular Field, Pierzynski should expect some attrition in his power numbers, but not by as much as Bill James projects (.223 ISO in 2012, .153 projected 2013 ISO).
My Grade: A- (Pierzynski might have wanted a multi-year deal, but given his age this has to be the best he could do. The Rangers are set at catcher for 2012, and add a veteran presence to their team at a good price.)

Francisco Liriano
Pirates sign LHP Francisco Liriano to a 2-year $12.75 million contract:
Remember kwERA? Well, Francisco Liriano put up a 4.01 kwERA and 5.34 ERA in 2012. While neither number points towards great pitching, the 1.33 difference is one of the highest in MLB last year, pointing towards a bounce back year for Liriano. Combine that with his move from Chicago's hitter-friendly U.S. Cellular Field to pitcher-friendly PNC Park, points towards 2013 as a year of improvement for Liriano. Add in some better defense behind Liriano, and he becomes a similar pitcher to Edwin Jackson. Jackson has been more consistent than Liriano, hence the difference in AAV and number of years in this contract in comparison to the one the Cubs gave to E-Jax. This is Liriano's first free agent contract, and at the end of it, he'll still be only 30 years old, allowing him to find another multi-year deal. Pittsburgh needed to upgrade it's starting rotation, becoming the 2nd southpaw of the bunch. PECOTA projects Liriano to put up 1.7 and 1.8 WARP respectively in 2013 and 2014, which would be a significant increase from his 2011/2012 production (0.7/0.0). I also expect Liriano to improve, but the best thing he can do is lower his walk rate. If Liriano can go from a 5.00 BB/9 to a 4.00 BB/9, he might go from being a 1-2 fWin player to a 3-4 fWin player. Given the Pirates recent improvements, and the significant young talent knocking at the MLB door (Gerrit Cole, Jamison Taillon, and Starling Marte), pitchers like Francisco Liriano could help them compete for a Wild Card spot in 2013/2014.
My Grade: A (From what I've seen, the Pirates are positioning themselves perfectly to make a splash in 2013/2014. The Liriano signing is prudent, justified, and a solid pecuniary decision. For Liriano, this is great because it's for more than 1 season, and allows him to pursue more money his next go around on the open market.)

Indians sign Nick Swisher to a 4-year $56 million contract:
Nick Swisher
The 2012 offseason market for outfielders was vast, but has diminished in size due to a mix of signings and trades. Overall, those many moves made Nick Swisher a hot commodity. Swisher plays both the corner outfield spots as well as 1st base, provides average defensive ability, almost no speed on the bases, and strikes out at an above-average rate. On the other hand, Swisher is an on-base machine, posting the 14th best on base percentage amongst all MLB outfielders in 2012. He hits for power, posting a .201 ISO, 24 home runs, and collects an extra base hit every 2.5 games. Research has shown that players with good plate discipline tend to age better than those without it. Since Swisher's contract with the Indians will cover his age 32-35 seasons, we can expect Swisher's impressive on-base numbers to hover right around .360. Swisher has had very consistent success from a power-hitting perspective, but given players' tendency to lose some power as they age, we can't expect Swisher to hit 25 home runs per season throughout the course of his newly minted contract. Still, Swisher should remain a valuable player over the next few years, and the forecasting system PECOTA backs me up on this assumption.
Projected WARP Projected Worth in $(Million)
2013 2.2 $18.04
2014 2 $16.40
2015 1.7 $13.94
2016 1.2 $9.84
Now that we've asserted and, for the most part, confirmed that Swisher is a successful player, let's analyze his new destination. Cleveland made a splash earlier this winter when GM Chris Antonetti traded OF Shin-Soo Choo to the Reds in a 3-team trade, and received Trevor Bauer and Drew Stubbs in return. Stubbs joins Michael Brantley as options to play center field, but the Indians continued to need corner outfielders. With Swisher projecting as the Indians opening day right fielder, it allows Terry Francona to set up a a very good defensive outfield with Brantley, Stubbs, and Swisher playing in left, center, and right field respectively. Here's the problem. Swisher is a veteran who would make a good team into a potential playoff team, but the Indians are a bad team that, even with the addition of Swisher, most likely won't make the playoffs in 2013. Swisher could contribute to playoff pushes for he Indians in 2015 and 2016, but by that point he'll be older and thus less productive. Swisher won a World Series with the Yankees in 2009, but his AAV has broke $10 million for the first time in 2012. This shows he was looking for the team that would give him the highest AAV for the longest term. In addition, Swisher has roots in Ohio as he attended Ohio State University for college before becoming a professional Baseball player. Even though numerous teams were reportedly courting Swisher, Nick took the deal that fit him best.
My Grade: B+ (A+ for Swisher who looks to have gotten everything he wanted out of this deal. The Indians get a C-C+ for the move because while Swisher is an upgrade, the move makes little sense in 2013 because the Indians aren't making the playoffs in 2013 and probably not in 2014 either. It could prove fruitful in 2015 and 2016, but by then Swisher won't be the player he is now. Still, Swisher is an upgrade, plain and simple, both in 2013 and beyond.)

Saturday, December 15, 2012

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. 

Saturday, November 24, 2012

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.

Monday, November 5, 2012

Two Outfield Trade Candidates: Shin-Soo Choo

Right now, Major League front offices are clamoring to compile data and information about free agents that they think would be good fits for their team heading into the 2013 season. While free agency is a great way to upgrade a club, another option exists, the trade. Already this offseason we have seen a trade between the Diamondbacks, A's, and Miami Marlins that sent Chris Young to the A's and Heath Bell to Arizona. Trades don't involve long term commitments and writing huge checks like a free agent signing, instead team's can find ways to upgrade their club, whether by addition or subtraction.

Two players whose names have been mentioned as possible trade candidates this offseason are Shin-Soo Choo of the Indians and Josh Willingham of the Twins. As far as positions go, the deepest market this offseason is in the outfield, but teams, especially in small markets, often cannot afford the price tags on free agents, but instead have assets they can trade in order to upgrade. Corner outfielders like Choo and Willingham could provide serious help to teams in need. Let's explore what these players bring to the table, and where they could end up. In this article, I will talk solely about Shin-Soo Choo, and in tomorrow's I will delve into the market for Josh Willingham.

Shin-Soo Choo: The first thing to notice about Choo's career thus far is that when he's healthy, he contributes at above replacement level, but he has been hit by the injury bug a few times. In 5 seasons with the Indians, Choo has averaged ~ 3.7 fWAR per season. That is on par with outfielders like B.J. Upton, Torii Hunter, and Ichiro Suzuki. So, we are talking about a productive player, but where does he derive this production?

Choo has put up very good wOBA and wRC+ numbers the last few seasons, proving that he is a good all around hitter.
wOBA
wRC+
2008
0.404
150
2009
0.384
134
2010
0.386
145
2011
0.325
105
2012
0.359
131

 His best asset at the plate is his ability to get on base. Over the last 5 seasons, Choo's on base percentage has ranged from as low as .344 to as high as .401. Even in his worst season, Choo still got on base at the same rate as Josh Hamilton, Brett Gardner, and Chipper Jones, which is pretty impressive. Choo's impressive walk rate of ~ 11% per season is good enough to consistently place him in the top 30 hitters in MLB. He has batted in numerous spots in the Indians order over the years, making him quite useful to any manager. Choo is a selective hitter, something that usually does not diminish with age, a good sign for any team looking to deal for him. 

In addition to his propensity to reach base safely, Choo has shown sign of a legitimate power stroke. He has hit at least 20 home runs twice in his career, and his average ISO over the last 5 seasons has been ~ .181, a good mark for a hitter that is careful in selecting which pitch to hit. In addition, Choo has consistently had a better-than-average HR/FB%, meaning that when he hits the ball in the air, he's usually found a pitch he can drive, which fits his profile as a selective hitter. While power tends to drop with age, Choo's ability to slug the ball is a secondary trait, one that any team with the hope to land him shouldn't and most likely wouldn't count on. 

Defensively, Choo has been a bit all over the place. In his last 5 seasons he has played predominantly in right field, but has played a bit in center field as well. Here are some defensive numbers to look at:
UZR
DRS
FRAA
2008
-2
-1
-5.7
2009
-1
2
4.2
2010
6.1
5
-4.2
2011
2
3
3.6
2012
-17
-12
0.2
 Choo has proven that he can play the outfield fairly well. In 3/5 seasons show, Choo put up positive numbers in both DRS and FRAA, while doing so only twice according to UZR. Last season, neither UZR nor DRS liked Choo's performance, but Baseball Prospectus' fielding runs above average put him as an outfielder that makes about all the plays an average outfielder does. These numbers prove that while his best defensive days may be behind him, if Choo can stay healthy, he will provide adequate enough defensive play for any team willing to acquire him. 

A team willing to trade for Choo would be taking on his current contract. Choo is in his 2nd year of arbitration eligability, which means he wouldn't become a free agent until after the 2013 season. He was awarded $4.9 million in arbitration last season, and that figure should rise somewhat this offseason, but most likely no team will end up paying him more than $10 million next season. 2011 was a down season production-wise for Choo, and according to Fangraphs he was worth just over $11 million, so a year of arbitration eligibility would be a steal for Choo. Given his age, he will turn 31 in July, 2013, a team trading for Choo would want to try to sign him to an extension. If I were a front office, having recently traded for Choo, I would offer him a contract extension in the neighborhood of 3 years and $35 million. That implies he will put up on average about 2.5 fWAR per season, which at his age, and given his past production shouldn't be a problem. 

Teams that should seriously consider trading for Choo include the Pirates, Phillies, Blue Jays, and Orioles. The Indians would most likely want a solid pitching prospect in return for the outfielder. Their asking price can't be too high as Choo is set to reach free agency in 2014 and the current market is flush for outfielders. A trade would give the Indians some more money to throw at possible free agent targets of their own while gaining some more depth in their farm system, which is never a bad thing for a mid-market team.

The Phillies traded Hunter Pence and Shane Victorino before the trade deadline this past season to make room for youngsters Domonic Brown and John Mayberry Jr. while simultaneously replenishing some of their recently depleted farm system. While the team is actively looking to sign a center fielder this offseason, trading for a hitter like Choo might be more cost effective, and would provide more hitters in their lineup to get on base for guys like Howard and Utley to knock in. 

The Pirates have a stud center fielder in Andrew McCutchen, but have had some issues with their corner outfield spots. Youngster Starling Marte looked good, and he, Jose Tabata, and Garrett Jones will vy for the two corner outfield spots heading into 2013. On the other hand, if Neal Huntington, who has said the team does not intend to spend a lot this offseason, traded for Choo, the Buccos could start Choo and Marte alongside McCutchen, making a fairly formidable outfield trio. Their team OBP last season was .304. Choo would come in and have the 2nd highest OBP on the team, and that is using his worst OBP mark from the last 5 years. 

The Blue Jays don't need Shin-Soo Choo, but he could be a good acquisition anyway. If the team were to add Choo, their outfield would sport Colby Rasmus, Jose Bautista, and Choo. He would instantly become in the top 3 on the team in OBP, and it would allow the team to move Bautista to left field, giving them at least an average glove in all three outfield spots. The team has many prospects, but has other areas of improvement to focus on prior to trading for an outfielder, so while this trade would be beneficial, and the team could easily deal a prospect, this trade wouldn't be high on Alex Anthopoulos' offseason priority list.

The Baltimore Orioles represent a dark horse candidate. The team his Nick Markakis in right field, but adding Choo and moving him to left field would give the Orioles a very solid outfield for 2013. This is a team that made the playoffs despite poor overall hitting. Choo would be a great upgrade in the lineup, as he and Markakis had similar lines of production last season, except that Choo scored more runs and stole 20 more bases than Markakis. An outfield of Choo, Adam Jones, and Nick Markakis, even for just one season, might be worth giving up someone like Brian Matusz. Pitching wasn't the Orioles issue last season, it was hitting, and adding Choo would definitely bolster their offensive output. 

So, what will happen? I don't know. There is a solid chance that the Indians attempt to sign Choo to a contract extension this offseason, locking him down through 2014 when he is eligible for free agency. On the other hand, if they cannot agree on an extension, a trade is very likely. The Pirates and Orioles make the most sense, but the overall winner of the possible Choo sweepstakes will be determined by the Indians' asking price. Shin-Soo Choo is a solid player whose name has gone under the radar because of the good outfield market this offseason. No free agent outfielder has signed a deal yet, but we have seen the Diamondbacks shed extra outfield weight through a trade, making the possible trade of Choo a little more likely. If the Indians fail to extend their right fielder, look for a possible deal to happen during the Winter Meetings in Nashville in the first week of December.