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Back In Black: Accounting for the 2009 Yankees

Here’s an update of the chart I posted two weeks ago comparing the Yankees’ 2008 payroll to their 2009 commitments:

Credits
Player 2008 cost 2009 cost Net
Jason Giambi 21 5 (buyout) 16
Bobby Abreu 16 16
Andy Pettitte 16 16
Mike Mussina 11 11
Carl Pavano 11 1.95 (buyout) 9.05
Ivan Rodriguez 4.3* 4.3
Kyle Farnsworth 3.7* 3.7
Total Credits 76.05
Debits
Mark Teixeira 25 (25)
CC Sabathia 23 (23)
A.J. Burnett 16.5 (16.5)
Wilson Betemit/Nick Swisher 1.165 5.3 (4.135)
Alex Rodriguez 29 33 (4)
Robinson Cano 3 6 (3)
Damaso Marte 0.667* 3.75 (3.083)
Chien-Ming Wang 4 5 (1)
Total Debits (79.718)
Total Net (3.668)

all costs in millions of dollars; *estimated prorated portion of 2008 salary

As you can see, even after signing CC Sabathia, Mark Teixiera, and A.J. Burnett, the Yankees’ commitments for 2009 are still within $4 million of their 2008 payroll. That number will increase. Coming off a career year, Xavier Nady will earn a few million more via arbitration (Brian Bruney and Melky Cabrera are also arb-eligible, but unlikely to get significant raises), and there’s still a chance that the Yankees will add payroll via a one-year deal for Andy Pettitte or an alternate fifth-starter or a veteran center fielder. There are also automatic incremental raises due to the team’s pre-arbitration players based on major league playing time. Even still, the net change in team payroll will be negligible relative to the massive dollar figures connected to those three new contracts.

It’s also worth noting that Burnett and Sabathia will earn the exact same amount in each year of their contracts (for Sabathia his 2009 earnings combine a $9 million signing bonus and a $14 million salary, but his salary in every other year of the contract is an even $23 million), while Mark Teixeira will actually earn less in the subsequent years of his contract as his 2009 earnings combine a $5 million signing bonus and a $20 million salary, but he’ll earn “just” $20 million in 2010 and $22.5 million in each subsequent year of his deal.

Christmas Came Early (Tex Marks The Spot)

What’s my take on the Yankees signing Mark Teixeira? Regular readers might already know:

Some samples from the above:

Teixeira was third among major league first basemen in VORP last year, behind only a pair of monster seasons by Albert Pujols and Lance Berkman. Pujols is the best player in baseball, an institution in St. Louis, and signed through 2011 (if you count the club option that is all but guaranteed to be picked up). He’s also the same age as Teixeira. Berkman will be 33 on Opening Day, and is also signed through 2011 (again counting a club option for the final year). Over the past four seasons, Teixeira has averaged 55.05 VORP per season. Last year the only other first baseman to surpass that mark was Kevin Youkilis, who is 11 months older than Teixeira.

Though the Yankees are flush with pitching prospects, outside of Montero, they don’t have any coming mashers in their system. Teixeira was fifth among all hitters in baseball in VORP last year. He’s also a superb defender, and won’t turn 29 until April. Prior to this past season, PECOTA projected that Teixeira would hit .284/.384/.502 in his age-34 season in 2014. Teixeira then beat his PECOTA projection for 2008. A seven year contract that would take Teixeira through age 35 would not be a bad investment.

The Yankee system is nearly barren when it comes to everyday player prospects. Center fielder Austin Jackson is the only notable hitting prospect in the organization to have played above the Sally League, and catcher Jesus Montero is the only prospect in the system who projects as an elite run producer at the plate. . . . Whenever an elite run producer becomes available while still in his 20s, the Yankees absolutely must prioritize that player in order to compensate for their failure to properly stock the farm system with bats. When such a player becomes available at a position of existing need at the major league level, as is the case with Mark Teixeira this offseason, the Yankees have an obligation to their fans and the future of the franchise to sign that player.

It’s quite possible that none of the young pitchers listed above will mature into the sort of dominant ace that CC Sabathia has become, but then again, one might. In fact, more than one might. There is, however, no chance of any player in the Yankee farm system maturing into an all-around defensive and offensive weapon on par with Mark Teixeira. If Brian Cashman is serious about the team-building process he began in the winter of 2005, if Hal Steinbrenner is serious about allowing Cashman to execute his vision, the Yankees must immediately revamp their plans to focus on signing Teixeira.

L – Johnny Damon (LF)
R – Derek Jeter (SS)
S – Mark Teixeira (1B)
R – Alex Rodriguez (3B)
S – Jorge Posada (C)
L – Hideki Matsui (DH)
S/R – Swisher/Nady (RF)
L – Robinson Cano (2B)
L – Brett Gardner (CF)

Take Teixeira out of that lineup and it’s not a pretty picture given the 2008 performances of Posada, Matsui, Cano, and Gardner and the advancing age of Damon, Jeter, Posada, and Matsui. . . . Oh, and before I go, here’s one more lineup to consider:

L – Jacoby Ellsbury (CF)
R – Dustin Pedroia (2B)
S – Mark Teixeira (1B)
R – Kevin Youkilis (3B)
L – David Ortiz (DH)
R – Jason Bay (LF)
L – J.D. Drew (RF)
S – Jed Lowrie (SS)
Does it really matter? (C)

That can’t be allowed to happen.

The ideal solution to the Yankees’ production problems would be Mark Teixeira, a player who fits the Yankees’ needs about as perfectly as can be given his position, youth, and defensive reputation, the last of which stands in stark contrast to the Yankees 13th place finish in defensive efficiency among AL teams in 2008. With Sabathia off the market, Teixeira is now the belle of the free agent ball, and while it would be obscene for the Yankees to land both CC and Tex, modesty didn’t stop them from giving Burnett an obscene contract.

. . .

Still, even after the Burnett signing, chasing Teixeira is not out of the question for the Yankees. With big contracts including those of Giambi, Abreu, Pettitte, Pavano, and the retired Mike Mussina coming off the books, the Yankees still have, by my math, $23.5 left over from their 2008 payroll, which is very close to the average annual salary Teixeira’s is likely to make under his next contract, which is likely to resemble Sabathia’s and its $23 million annual average.

Would the Yankees dare hand out another nine-figure deal after spending $242.5 million on a pair of starting pitchers? Stay tuned.

The figure in that last sentence should say $243.5 million, but throw that out; it’s now $423.5 million, nearly half-a-billion dollars, for three players. That’s obscene, but Alex addressed my liberal guilt already, so I’ll not dwell on it. The reality of the situation is that, per the figures quoted above, the Yankees’ 2009 payroll is still roughly equivalent to their 2008 payroll, only the team has redirected the money they had been spending on aging players (including the declining and defensively challenged Jason Giambi and Bobby Abreu, the 40-year-old Mike Mussina, and the comically fragile Carl Pavano) to a 29-year-old lefty who is arguably the best pitcher in the game, a 29-year-old switch-hitting, Gold Glove first baseman who is among the most productive hitters in the game, and, well, A.J. Burnett (can’t win ’em all). So, really, the Yankees’ spending is no more obscene than it was before they handed out these three contracts, it’s just a lot smarter (well, at least 67% smarter).

I think it’s worth pointing out that, because Teixeira has switched leagues mid-season each of the last two years, his two best seasons have been somewhat obscured. He won the Gold Glove in his last two single-league seasons (2005 and 2006), and in his last two campaigns posted these lines:

2007: .306/.400/.563 (150 OPS+), 30 HR, 105 RBI, 53.1 VORP
2008: .308/.410/.552 (151 OPS+), 33 HR, 121 RBI, 67.7 VORP

In 2008, he also drew 97 walks against 93 strikeouts. Oh, and on his career he’s slugging exactly .541 against both left-handed and right-handed pitching.

Really, the only reason not to like the Teixeira deal is the length of the contract, but Tex will still be just 36 in the eighth and final year of the deal. By comparison, Jason Giambi was 37 last year and hit .247/.373/.502. Teixeira’s ex-teammate and fellow switch-hitter Chipper Jones was 36 last year and hit .364/.470/.574.  Here’s a quick look at the age-36 seasons of the top seven players listed as most similar to Teixeira at his current age 28 on Baseball-Reference:

  • Carlos Delgado: bounced back from a league-average age-35 season to hit .271/.353/.518. Never had an OPS+ below 129 from ages 28 to 34.
  • Kent Hrbek: retired after a poor age-34 season.
  • Fred McGriff: Production fell off after age 30, but stayed comfortably above average. Hit .277/.373/.452 at age 36.
  • Jim Thome: Save for a season lost to a broken hand, mashed every year through to his .275/.410/.563 performance at age 36.
  • Will Clark: Had just one OPS+ below 123 from age 30 to 36; went out with a flourish as he retired after a .319/.418/.546 performance at age 36.
  • Jeff Bagwell: First OPS+ below 135 came in age-35 season. Hit .266/.377/.465 at age 36.
  • Willie McCovey: Often on DL after age 32, but other than his age-34 season, was still mashing when healthy. Hit .253/.416/.506 in 344 at-bats at age 36.

I’d rate those as four positive indicators (Delgado, Thome, Clark, Bagwell), one negative (Hrbek), and two middling (McGriff with McCovey only because of the injuries).

As mentioned above, Baseball Prospectus’s PECOTA, which projects players’ future performance based on the careers of similar players throughout the history of the game, predicted prior to last season that Teixeira would stay healthy and productive through to a .284/.384/.502 performance at age-34 (the PECOTA Cards only show the ensuing seven years). Teixeira has since beaten his PECOTA projection for 2008.

You can never know what will happen in the future. All long-term contracts are risks, but it seems to me that Teixeira is among the best bets in baseball to still be healthy and productive eight years from now. As for 2009, he’s exactly the player the Yankees need. The only catch is that having landed both CC and Tex, they’ll have no excuses if they fail to win it all next year, but then, that’s the way they like it.

. . .

By the way, Alex shot me a note to let me know that Todd Drew had his surgery yesterday. All went smoothly and he is recovering nicely. The Yankees signing Teixeira is nice and all, but getting a good word on Todd was the best news of the day, and the real reason that Christmas came early here at the Banter.

What’s Wang With This Picture?

Chien-Ming Wang, 2008 Topps

The Yankees have signed Chien-Ming Wang to a $5 million contract for the 2009, thereby avoiding arbitration with the first of their four arb-eligible players (Xavier Nady, Melky Cabrera, and Brian Bruney are the other three). The contract in and of itself is insignificant. Wang made $4 million last year, but missed the second half of the season with a lisfranc fracture in his foot and thus only got a $1 million raise. No big deal. I do, however, find the Yankees’ treatment of Wang’s arbitration years interesting.

Last year, Wang and Robinson Cano both became eligible for arbitration for the first time. With Cano asking for $4.55 million in 2008, the Yankees decided to buy out his arbitration years entirely with a four-year, $30 million contract. Wang, meanwhile, asked for $4.6 million and the Yankees took him to arbitration to save $600,000 and beat him.

To me, that says alot about the Yankees’ relative enthusiasm for these two players. That’s not to say that they don’t value Wang on a year-to-year basis, but Wang is 2 1/2 years older than Cano and, while its easy to forget even following his foot injury this past season, he has a less than rosy injury history.

Way back in 2001, labrum surgery cost Wang all of his second professional season, forcing him to restart at short-season Staten Island at age 22 in 2002. In his rookie season of 2005, he was shut down in mid-July with another labrum scare that, fortunately, turned out to be solved by his simply spending two months on the DL. In 2007, he started the season on the DL with a hamstring strain suffered in spring training, and last year he broke his foot running the bases in Houston, ending his season after just 15 starts. Thus, Wang has avoided the DL in just one of his four major league seasons.

Beyond those injuries, Wang is also sometimes looked upon with suspicion because of his poor strikeout rates. He has been able to succeed despite striking out just 4.02 men per nine inning on his career (against a league average of 6.48) because of his extreme ground-ball rate, but there’s a sense that that balance will not hold indefinitely. Fortunately, Wang managed to increase his strikeout rate in both 2007 and 2008, topping out at 5.12 K/9 last year thanks to the coaching of Dave Eiland, who had him working in more sliders when he needed a K. Unfortunately, Wang’s walk rates have risen as well, so that his K/BB ratio has held relatively steady near his career sub-par 1.58 mark (league average is 2.01).

On top of concerns about his fragility and effectiveness, there’s age. Wang was 25 as a rookie and will be 29 this season. That’s certainly not old, but he’s several months older than both CC Sabathia and  Josh Beckett. Wang’s arbitration years will take him to age 30, where as Cano’s contract is only guaranteed through his age-28 season. It seems to me that this is the primary reason why the Yankees are taking Wang year-by-year, but went ahead and bought out Cano’s arbitration years in bulk.

There’s another thing that strikes me about Wang’s new one-year deal. It seems unlikely that Wang’s value is going to be lower next year than it is now. Wouldn’t it have made more sense for the Yankees to try to negotiate a two-year deal and thereby preemptively suppress Wang’s 2010 salary based on his injury-shortened 2008 season? Perhaps having failed to get a multi-year deal out of the Yankees last year, Wang and his agents wouldn’t agree to such a thing. Still, I think the fact that the Yankees continue to go year-by-year with Wang supports a notion I had when the Yankees signed A.J. Burnett for five years:

The Yankees don’t intend to re-sign Chien-Ming Wang after he becomes a free agent.

Think about it. Sabathia is signed for at least three years and possibly seven. Burnett is signed for five years. Joba Chamberlain is well on his way to establishing himself in the rotation. That’s three spots in the 2011 rotation that are already spoken for. Wang will become a free agent following the 2010 season. If the Yankees can, over the next two years, develop just two more young arms (with Phil Hughes, Ian Kennedy, and Zach McAllister being the top candidates), there’s no room for Wang in 2011, and no need to pay a free-agent salary to a player whose arbitration years the Yankees wouldn’t even buy out. Even if the Yankees only develop one more starter by 2011, that leaves just one empty spot in the 2011 rotation, and there’s a good chance that they will be able to find a better way to fill that last spot than to give a big-money, long-term deal to a 31-year-old Chien-Ming Wang.

Of course, when it comes to pitching anything can happen. It could be that none of the pitchers above is healthy or productive enough to claim a rotation spot in 2011. Projecting pitching even just three years into the future is a dangerous game, but the way everything looks right now, I think we’re only going to see Wang in pinstripes for two more years. Enjoy him while you can.

Shoulda, Woulda, Coulda

Check out my take on the Yankees in the wake of the A.J. Burnett deal over at SI.com.

A.J. Stands for Awful Judgment

There are so many things to dislike about A.J. Burnett and his new Yankee contract that I don’t know where to start. I suppose I’ll start with in the cheapest, easiest place, with a comparison of Burnett and Carl Pavano at the moments at which they signed their big Yankee contracts:

A.J. Burnett Carl Pavano
Age 32 29
ML Seasons 10 7
Seasons w/ 30 GS 2 2
Seasons w/ 200 IP 3 2
IP last 3 yrs 524 2/3 559 1/3
Contract Term 5 yrs 4 yrs
Age at end of contract 36 32
Average annual salary $16.5M $9.9875M

There’s no question that A.J. Burnett has better stuff that Carl Pavano. There’s also no question that Carl Pavano’s contract was a smarter, better investment at the time it was signed than Burnett’s is today. None. Pavano arrived in New York off not one, but two consecutive 200-inning seasons (Burnett managed just 165 2/3 innings in 2007), was three years younger, signed for one year less (making him a whopping four years younger in the final year of his deal), and the average annual salary of Pavano’s deal was 40 percent lower than that of Burnett’s.

Oh, and here’s another little nugget, the two pitchers’ career K/BB rates entering their Yankee contracts:

Pavano: 2.28
Burnett: 2.25

One could argue that the comparison between these two pitchers isn’t entirely fair. Pavano’s performance (or lack thereof) during the length of his contract was an extreme case that is extremely unlikely to be repeated, even by a pitcher with Burnett’s sketchy history. At the same time, the Pavano contract was widely panned upon it’s signing, long before anyone knew just how badly things would go, and I think it’s clear that this Burnett contract is an even worse move. It may not be entirely fair, but it is extremely informative, if for no other reason than it’s illustration of the fact that Brian Cashman, a general manager I have long defended in this space, did not learn from one of the biggest mistakes of his career.

Sh*t Sandwich

ESPN is reporting that the Yankees have signed A.J. Burnett to a five-year deal worth $82.5 million dollars. I cannot help but react emotionally to this signing. It is an inexplicably awful, irresponsible, wrong-headed move. I hate hate hate it. It makes me physically sick. Combined with the New Stadium, it is enough for me to question my allegiance to this team. I cannot be consoled. I assume many of you feel the same way. Consider the comments of this post group therapy . . .

Roster Fairing

While everyone was talking about CC, AJ, Melky and Mike yesterday, the Yankees lost four players in the Rule 5 draft, the most of any organization (the Angels lost three pitchers, the Rockies were the only other team to lose more than one player in the major league portion of the draft). To me this is evidence of how well stocked the Yankees farm system is, at least in terms of pitching.

Remember, the Yankees traded away Jose Tabata and three pitchers (Ross Ohlendorf, Jeff Karstens, and Daniel McCutchen) at the trading deadline (Tabata, Karstens, and Ohlendorf are all on Pittsburgh’s 40-man roster; McCutchen is not yet Rule 5 eligible). They traded two more pitchers in the Nick Swisher deal (Jeff Marquez and Jhonny Nuñez, both now on the White Sox’s 40-man, with Nuñez being replaced in the Yankees’ system by the non-Rule 5 eligible Kanekoa Texeira), let Darrell Rasner head off to Japan, cleared out another eight spots on the 40-man roster via free agency (some of which were filled by players activated from the 60-day DL), filled the remaining empty spots on the 40-man, and still had enough talent in their system to be the most targeted organization in the Rule 5 draft. That’s impressive.

Since I didn’t address them at the time, here’s a quick look at the six men added to the 40-man roster this offseason as well as the four men taken in the major league portion of the Rule 5 draft yesterday and, for yucks, the two taken in the Triple-A portion of the draft.

First the 40-man additions listed in rough approximation of their proximity to the major leagues:

Steven Jackson – RHP

The last remaining player from the deal that sent Randy Johnson back to Arizona after the 2006 season, Jackson utilized an improved split-finger fastball to have a break out season in relief for Triple-A Scranton this year. After the All-Star break, Jackson posted a 0.87 ERA while striking out 26 in 20 2/3 innings against just eight walks and no homers. On the season, he struck out 91 in 79 2/3 innings while allowing just four homers. A big righty who will turn 27 in March, Jackson could be part of the fungible minimum-wage portion of the Yankees bullpen in 2009.

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What Now?

Okay, so the Yankees have landed the big fish, with CC Sabathia agreeing to a seven-year deal worth roughly $161 million. Now what? The rumor mill has had them going hard after first Derek Lowe, then A.J. Burnett, with Ben Sheets and Andy Pettitte serving as backup options who could be had with shorter term contracts.

This prompts two questions: Exactly how much money to they have left to spend? and What about the offense?

With regards to the first, let’s do the math on the money coming off last year’s payroll and how much of that has already been spent:

Credits      
Player 2008 cost 2009 cost Net
Jason Giambi 21 5 (buyout) 16
Bobby Abreu 16 16
Andy Pettitte 16 16
Mike Mussina 11 11
Carl Pavano 11 1.95 (buyout) 9.05
Ivan Rodriguez 4.3* 4.3
Kyle Farnsworth 3.7* 3.7
Total Credits     76.05
Debits      
CC Sabathia ~23 (23)
Wilson Betemit/Nick Swisher 1.165 5.3 (4.135)
Alex Rodriguez 29 33 (4)
Robinson Cano 3 6 (3)
Damaso Marte 0.667* 3.75 (3.083)
Total Debits     (34.052)
Total Net     44.998

all costs in millions of dollars; *estimated prorated portion of 2008 salary

In addition to the above, the Yankees have four arbitration eligible players. Three of whom had poor 2008 seasons and thus are unlikely to have much negative effect on the bottom line. Those three are Chien-Ming Wang, Brian Bruney, and Melky Cabrera. The last is Xavier Nady. The Yankees paid Nady roughly $1.12 million of his $3.35 million salary last year. Nady would cost the Yankees an extra $2.23 million even without getting a raise and is coming off a career year. It wouldn’t be unreasonable to expect his salary to exceed $5 million in 2009. To make things simple, I’ll just round down the Yankees net savings in the chart above to $40 million.

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Can You Dig It, CC?

Just because I think the Yankees need Mark Teixeira more than they need CC Sabathia doesn’t mean I’m not thrilled that the Yankees have landed the big lefty. CC Sabathia is, in my opinion, the best pitcher in baseball. He’s 28 years old, left-handed, a work horse who can give you 240 innings a year, and he’s only gotten better throughout his career. I’m not concerned about his weight. I’m not concerned about his workloads. And I’m not concerned about the length of the seven-year, $161 million contract the Yankees just gave him. He’s an ace, a horse, and the thought of having him and Joba Chamberlain as a pair of opposite-armed aces atop the Yankee rotation well into the next decade give me goosebumps.

Here are a few things to like about Sabathia.

  • Though he was just 17 when taken by the Indians with the 20th overall pick in the 1998 amateur draft and started 33 games in the major leagues as a 20-year-old rookie, the Indians were careful about his workloads through his age 25 season, extending him past 200 innings just once in his first six major league seasons and rarely allowing him to throw more than 120 pitches in a start (and never as many as 130).
  • Though scouts have always griped about his weight, Sabathia’s only DL stay resulted from a groin strain early in the 2006 season. He missed a month, threw eight shutout innings in his second start after returning, and didn’t have any reoccurrences.
  • Sabathia’s walk rate declined every year from 2004 to 2007. The only reason it didn’t go down again in 2008 was that he set an impossibly low standard in 2007 by walking a mere 1.38 men per nine innings.
  • Sabathia’s strikeout rate increased every year from 2002 to 2006 and he set a new career high by striking out 8.93 men per nine innings in 2008.
  • Something of a fly ball pitcher in his early twenties, Sabathia has a 1.41 GB/FB rate over the past four seasons.

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Catch Me If You Can

The answer to “what went wrong?” is surprisingly quick and easy: Jorge Posada got hurt, and the team couldn’t compensate for that loss because they were too busy compensating for other problems.

That was the conclusion of my postmortem on the Yankees 2008 season. Note that I’m not blaming Posada’s bum shoulder for the Yankees’ failure to make the postseason for the first time since 1993, but rather the combination of Posada’s injury and the team’s other failures, most significantly Robinson Cano’s collapse. Had Cano been productive, the Yankees very well may have survived the loss of Posada, but the combination of the two simply took too many runs off the board.

Heading into 2009, we’re hearing very encouraging reports about Cano’s off-season training regime in the Dominican Republic and his continued work with hitting coach Kevin Long, but little about Posada. With Jason Giambi and Bobby Abreu departing as free agents and the team focusing on improving their pitching rather than replacing those runs on offense, the Yankees will need more than a comeback season from Cano to return to the postseason, they’ll need a full contribution from Posada as well, and if Posada’s shoulder hasn’t recovered enough to allow him to catch his usual slate of 140 or so games, they’ll have to find a much more productive replacement for him than Jose Molina, who is a fine defensive catcher, but a miserable hitter.

Here are the men who started behind the plate for the Yankees in 2008:

Player Starts Stats OPS+ CS%
Jose Molina 81 .216/.263/.314 61 44%
Jorge Posada 28 .293/.377/.434 127 17%
Chad Moeller 25 .238/.323/.333 85 38%
Ivan Rodriguez 26 .219/.257/.323 51* 26%
Chris Stewart 1 0 for 3 n/a 0%
Francisco Cervelli 1 0 for 3 n/a 0%
Total 162 .230/.290/.335 75 33%

OPS+ adjusted for position except for *

Entering the season, Chad Moeller’s career line (.224/.284/.346) was not significantly better than Molina’s (.243/.279/.345), both men were the same age, and Molina had hit well for the Yankees down the stretch in 2007 and had a hot streak for them in April of this year, so it’s really only in hindsight that the choice of Molina over Moeller seems like an obvious mistake given Moeller’s 60-points advantage in on-base percentage. Still, as the season progressed and Molina’s bat failed to restart following his late-April hamstring injury, it became increasingly obvious that the Yankees needed to try someone else behind the dish. The late-July trade for Ivan Rodriguez, who was hitting .295/.338/.417 for the Tigers, seemed like a brilliant solution to that problem. The Yankees didn’t miss Kyle Farnsworth given the strength of their bullpen and the 6.75 ERA he posted with Detroit, but Rodriguez was never given more than three starts in a row, didn’t hit when he did played, and was largely abandoned down the stretch, starting just five of the Yankees’ final 18 games.

Moeller and the now 37-year-old Rodriguez are both free agents this offseason, but looking at the catchers remaining in the Yankees’ system, the organization is surprisingly strong and deep at the position over the long-term, thanks largely to its efforts of the past couple of years:

Player Age* Level 2008 Stats CS%
Jorge Posada 37 MLB .293/.377/.434 17%
Jose Molina 33 MLB .216/.263/.314 44%
Francisco Cervelli 23 AA .315/.432/.384 27%
P.J. Pilittere 27 AA .277/.317/.349 18%
Kyle Anson 26 A+ .241/.367/.353 26%
Austin Romine 20 A .300/.344/.437 17%
Jesus Montero 19 A .326/.376/.491 20%
Kyle Higashioka 19 Rk .261/.300/.348 5%

*on May 1, 2009

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Musical Chairs: The Outfield and DH


The Yankees have a lot of parts that could use some fixin’. The team has decided to focus on the starting rotation despite the many young starting pitching prospects working their way up through the organization. Last week, I largely focused on first base, where the Yankees have a big hole and the free agent market offers the perfect player to fill it. During the 2008 season, two major areas of concern were second base and catcher, but the Yankees have very talented players signed to long-term contracts at each of those positions, both of which are very shallow in terms of the talent available league-wide. Third base is not broken, nor, for the moment is shortstop or the bullpen, but the Yankees’ outfield and designated hitter situation very much is.

Here are the players who started for the Yankees at the three outfield positions and DH last year:

Player Starts LF CF RF DH Stats OPS+
Bobby Abreu 152 148 4 .296/.371/.471 120
Johnny Damon 133 75 33 25 .303/.375/.461 118
Melky Cabrera 112 1 109 2 .249/.301/.341 68
Hideki Matsui 88 20 2 66 .294/.370/.424 108
Xavier Nady 58 45 6 7 .268/.320/.474 105
Brett Gardner 32 15 17 .228/.283/.299 53
Jason Giambi 26 26 .247/.418/.506 140*
Jorge Posada 15 15 .231/.365/.385 97*
Justin Christian 10 6 3 1 .250/.320/.325 65
3 others 13 3 10
Total LF 162 162 .284/.349/.427 98*
Total CF 162 162 .261/.320/.391 89*
Total RF 162 162 .290/.362/.451 104*
Total DH 153 153 .282/.378/.461 118*

*adjusted for position

Center field was a disaster, the aggregate numbers at the position having been inflated slightly by Johnny Damon’s .294/.378/.529 line in 33 starts there. With Damon helping out in center and DH, the team’s performance in left field dipped below average. Designated hitter was also buoyed by Damon, but even moreso by the outstanding work of Jason Giambi, who has since departed as a free agent, as well as seven strong starts from Alex Rodriguez (.333/.414/.625). Meanwhile, Bobby Abreu, who started all but ten games in right field and kept that position in the black, has also headed off to find perhaps his final fortune as a free agent, leaving right field in the hands of Xavier Nady, whose .268/.320/.474 line as a Yankee was a far more accurate representation of his abilities than the .330/.383/.535 he hit in Pittsburgh over the first four months of the season. Last year, the average right fielder hit .276/.347/.451. Nady’s career line is .280/.335/.458, and he’s a sub-par defender.

Here are the Yankees’ other in-house options in the outfield:

Player Age* Level LF CF RF DH 2008 Stats OPS+
Johnny Damon 35 MLB 75 33 25 .303/.375/.461 118
Hideki Matsui 34 MLB 20 2 66 .294/.370/.424 108
Xavier Nady 30 MLB 45 88 8 .305/.357/.510 128
Nick Swisher 28 MLB 16 69 11 .219/.332/.410 92
Melky Cabrera 24 MLB 1 109 2 .249/.301/.341 68
Brett Gardner 25 AAA 20 71 .296/.414/.422
Justin Christian 29 AAA 44 19 3 1 .306/.357/.444
Shelley Duncan 29 AAA 3 21 17 .239/.365/.483
Austin Jackson 22 AA 2 111 17 .285/.354/.419
Colin Curtis 24 AA 92 23 1 14 .255/.329/.368

*on Opening Day 2009

The problem with this list is that the Yankees’ best outfielder (setting aside the career year Nady won’t repeat) is their oldest, while their youngest (from among those with major league experience) is their worst. As it stands now, the Yankees have a giant hole in center field, a rapidly aging DH coming off knee surgery who is no longer viable in the field (Matsui), an average-at-best right fielder, and a 35-year-old Johnny Damon in left with little on the way other than Austin Jackson, who just hit .246/.298/.377 in the hitter-friendly Arizona Fall League and has yet to play above Double-A.

(more…)

The Rotation: Can’t Buy Me Love

Yesterday I looked at the state of the Yankee rotation and of the organizational starting pitching depth as it stands right now. Today, I want to try to figure out which free agents best fit into the Yankees plans for 2009 and beyond and how.

To begin with, I want to rerun my chart of the returning 2008 starters, but I’m going to add one name to it. With Mike Mussina’s retirement confirmed (though not yet official), the Yankees are all but guaranteed to bring Andy Pettitte back on a one-year deal. Though Pettitte had a poor year in 2008, I support this move for two reasons. The first is that a one-year deal essentially serves as a stop-gap as the Yankees’ pitching prospects continue to mature. Joba Chamberlain is ready to start the 2009 season in the Yankee rotation, but though the Yankees have nine intriguing starting prospects in their system, none of the other eight is fully ready just yet. Even Phil Hughes would benefit from starting the season at Triple-A. A one-year deal for Pettitte gives Hughes (or Kennedy, or even George Kontos) time to refine his skills, then gets Pettitte out of the way for that pitcher to join the rotation in 2010.

Second, Pettitte’s poor 2008 season wasn’t all that poor and was weighed down by an ugly second half that Pettitte blamed on his failure to follow his usual offseason conditioning program due to a desire to stay out of sight in the wake of the Mitchell Report’s December 2007 release. Even still, Pettitte threw 204 innings, won 14 games, and posted an ERA just a tick below league average. After 22 starts, Pettitte was 12-7 with a 3.76 ERA. He then went 2-7 with a 6.23 the rest of the way. Over his entire career, Pettitte’s second-half ERA has been nearly a half run lower than his first-half mark. I’m willing to give Pettitte the benefit of the doubt given both his durability (four straight seasons of 200-plus innings) and the roster flexibility his one-year deal would provide following the 2009 season.

And so, our starting point for this discussion is this:

Pitcher Age* GS ’08 ERA K/BB SNLVAR
Chien-Ming Wang 29 15 4.07 1.54 2.3
Andy Pettitte (L) 36 33 4.54 2.97 2.4
Joba Chamberlain 23 12 2.76 2.96 2.4
Phil Hughes 22 8 6.62 1.53 0.3
Alfredo Aceves 26 4 2.74 1.13 1.0
Ian Kennedy 24 9 8.35 1.00 -0.4
Dan Giese 31 3 3.78 2.60 0.5
Kei Igawa (L) 29 1 18.00 n/a -0.3

*on Opening Day 2009

Given the above list of “in-house” pitchers (pending Pettitte’s signing, of course), if the Yankees were to land CC Sabathia, which would be a no-brainer addition should Sabathia accept the team’s offer, the 2009 rotation would look like this:

Sabathia (L)
Wang (R)
Pettitte (L)
Chamberlain (R)
Aceves/Hughes (R)

I’d be content to stop there, with Aceves available to start the season in Hughes’ place and to compensate for Chamberlain’s 150-innings limit once Hughes (or Kennedy, etc.) arrives to take over the fifth spot. But what if Sabathia decides that returning to his home state and getting the opportunity to become one of the game’s best-hitting pitchers is more valuable to him than Yankee dollars? And is there a way for the Yankees to provide some more insurance in that fifth spot that might allow them to leave Hughes in Scranton for a larger portion of the season and hold Aceves in reserve in case of an injury to one of the top four?

There are roughly 50 major league starting pitchers on the free agent market right now, with only Ryan Dempster having signed, re-upping with the Cubs for $52 million over four years. I won’t bother you with all 50, as at least half of them are sub-Ponson level dreck (i.e. Horatio Ramirez and Jason Johnson, both of whom pitched primarily in relief last year), perpetually injured (Mark Prior, Matt Clement), or as in the case of future Hall of Famers Mussina and Greg Maddux, retired. Tom Glavine and John Smoltz will only pitch for the Braves if they return, and are also both 40-somethings coming off injury. Randy Johnson is another 40-something who, despite having a solid 2008 season, simply will not return to New York. Curt Schilling, yet another 40-something coming off injury and like Glavine and Smoltz a retirement candidate, has said he would not follow Johnny Damon’s lead by turning traitor on the Red Sox. Carving all of those pitchers out of the list and stopping before we get down to Ponson and his ilk, we get this list (all stats from 2008):

Pitcher Age* GS ERA+ K/BB SNLVAR
Derek Lowe 35 34 131 3.27 6.9
Ben Sheets 30 31 139 3.36 6.2
A.J. Burnett 32 34 105 2.69 5.2
Oliver Perez (L) 27 34 100 1.71 4.4
Randy Wolf (L) 32 33 93 2.28 4.3
Braden Looper 34 33 102 2.40 4.2
Odalis Perez (L) 31 30 101 2.16 3.2
Paul Byrd 38 30 98 2.41 3.0
Jon Garland 29 32 91 1.53 1.9
Brad Penny 30 17 68 1.21 0.7

*as of Opening Day 2009

(more…)

The Rotation: I Believe The Children Are Our Future

Ryan Dempster signed a four-year, $52 million deal to remain a Cub, while rumor has it the Yankees plan to offer A.J. Burnett $80 million for five years (fortunately one Yankee official has already dismissed those figures as “nonsense”). I’ll take a closer look at the Yankees’ options for outside pitching help tomorrow. Today, I want to look at the Yankees in-house options and prospects in an attempt to give some perspective to the proceedings.

2008 Yankee Starting Pitchers

Pitcher GS ERA WHIP K/BB SNLVAR*
Mike Mussina 34 3.37 1.22 4.84 5.6
Andy Pettitte (L) 33 4.54 1.41 2.87 2.4
Darrell Rasner 20 5.40 1.56 1.74 1.1
Chien-Ming Wang 15 4.07 1.32 1.54 2.3
Sidney Ponson 15 5.08 1.62 1.21 0.9
Joba Chamberlain 12 2.76 1.30 2.96 2.4
Ian Kennedy 9 8.35 1.96 1.00 -0.4
Phil Hughes 8 6.62 1.71 1.53 0.3
Carl Pavano 7 5.77 1.49 1.50 0.2
Alfredo Aceves 4 2.74 1.22 1.13 1.0
Dan Giese 3 3.78 1.01 2.60 0.5
Kei Igawa (L) 1 13.50 3.25 n/a -0.3
Brian Bruney 1 0.00 1.00 4.00 0.2
13 pitchers 162 4.58 1.42 2.24 16.2

*Support Neutral Lineup-adjusted Value Against Replacement: a Baseball Prospectus statistic based on win expectancy and adjusted for run support and the strength of opposing lineups that essentially measures wins above replacement level.

Removing the free agents, Rasner, who was sold to Japan, and Bruney, whose lone start was actually a preemptive relief appearance as Joe Girardi attempted to out-smart an early-season rain storm in Kansas City, the 2008 starters still in the organization are:

Pitcher Age* GS ’08 ERA WHIP K/BB SNLVAR
Chien-Ming Wang 29 15 4.07 1.32 1.54 2.3
Joba Chamberlain 23 12 2.76 1.30 2.96 2.4
Phil Hughes 22 8 6.62 1.71 1.53 0.3
Alfredo Aceves 26 4 2.74 1.22 1.13 1.0
Ian Kennedy 24 9 8.35 1.96 1.00 -0.4
Dan Giese 31 3 3.78 1.01 2.60 0.5
Kei Igawa (L) 29 1 18.00 3.66 n/a -0.3

*on Opening Day 2009

Even in that group, Giese is a career reliever, who successfully experimented with starting in triple-A last year, but is more likely to return to the bullpen, and Igawa is a three-time loser in pinstripes who is unlikely to get another chance without first having a breakthrough in the minors. Given the struggles of Kennedy and Hughes last year, the innings limits on Hughes and Chamberlain (both of whom will likely be capped at 150 frames in 2009), and questions about Hughes’ durability, it’s clear that the Yankees need outside help in the rotation for next year.

That said, in stark contrast to the first base depth chart I posted the other day, the Yankees do have pitching on the way in the minor leagues. To begin with, the only pitchers on the above list who will be in their 30s by this time next year are Giese and Igawa. Wang and Chamberlain, despite making just 15 and 12 starts respectively, were among the Yankees most valuable starters in 2008, with Chamberlain tying Andy Pettitte in SNLVAR despite making 21 fewer starts. Hughes remains the youngest pitcher on the list, and at 22 is just a year younger than top 2008 draft pick and former Stanford star Jeremy Bleich.

Hughes added a very effective cutter to his resume after returning from his rib injury last year and finished the season with a very strong eight-inning start for the big club. Still, he has been inconsistent in the Arizona Fall League (though he’s really there just to increase his innings for 2008) and the Yankees would be justified in starting him in Triple-A again in 2009 given his struggles this year and his still very young age. Still, he should ultimately make a significant number of starts for the Yankees in 2009 and be an important part of the 2010 rotation along with Wang and Chamberlain.

That already leaves just two more spots in the 2010 rotation, with many more arms on the way. Kennedy, a lesser prospect to begin with, was worse than Hughes in the majors this year, but better than him in Triple-A. Kennedy may need at least a half season if not more in Triple-A to regain both his game and the team’s confidence in his abilities, but he remains a potential mid-rotation starter, and pitched well for the Yankees in three starts at the end of the 2007 season. There’s a very real chance that he could be an important part of the 2010 rotation as well, leaving just one spot.

Enter Alfredo Aceves, a Mexican League product who raced through the Yankees system last year and profiles as a back-of-the rotation starter. Like Jorge Campillo, another Mexican League product who emerged as a reliable starter for the Braves this year, Aceves has no dominant pitch, doesn’t throw especially hard, and is unlikely to ever really dominate anyone, but throws strikes, does an excellent job of mixing his wide variety of pitches, and can keep opponents off balance. At worst, he’s an improvement on the Sidney Ponsons of the world. At best, he could be a solid number four or a very strong number five in a rotation led by Chamberlain, Wang, Hughes, and Kennedy and/or one of this winter’s free agents.

(more…)

First Base: Tex In The City

This week, Bronx Banter will be collaborating with our new hosts here at the SNY.tv Blog Network to take a look at the Yankees, position by position. We start today at first base.

2008 Yankee First Basemen

Player Starts Stats OPS+*
Jason Giambi 112 .243/.359/.485 106
Wilson Betemit 21 .229/.270/.386 60
Shelley Duncan 12 .196/.288/.326 52
5 Others 17
4 Others 0
12 players 162 .246/.349/.460 98

*adjusted for position

Organizational Depth Chart

Player Age* 2008 Stats
Nick Swisher 28 .244/.354/.451 MLB career
Cody Ransom 33 .251/.348/.432 MLB career
Juan Miranda 26 .287/.384/.449 in AAA
Shelley Duncan 29 .239/.365/.483 in AAA
Eric Duncan 24 .233/.295/.366 in AAA
Chris Malec 26 .291/.407/.412 in AA
Cody Ehlers 27 .200/.287/.341 in AA
Kevin Smith 25 .290/.337/.407 in A+
Brandon Laird 21 .273/.334/.498 in A

*on May 1, 2009

Having bought out Jason Giambi’s $22 million option for $5 million, thus ending Giambi’s seven years with the team, the Yankees had a gaping hole at first base until last week’s acquisition of Nick Swisher, which I covered in full here. Swisher is coming off his worst major league season, but there’s plenty of reason to expect a return to form in 2009. Still, Swisher’s career rates of .244/.354/.451 are actually a bit shy of the .272/.353/.464 line of the average major league first baseman in 2008, and almost an exact match for the production the Yankees got out of the position last year. Swisher’s real value lies in his ability to hit like a typical first baseman while providing flexibility by bouncing between first and the outfield corners and spotting in center field when needed. As a full-time first baseman, he’s a stop-gap, but there’s no gap for the Yankees to plug. The best opportunity they’ll have to field a superior first baseman exists in this year’s free agent market.

Looking down the depth chart, the Yankees don’t have anything resembling a first-base prospect unless you count catcher Jesus Montero, who is the best hitting prospect in the system. The Venezuelan Montero, who made his full-season debut this year at age 18, could prove to be a poor fit for his current position, and is thus likely to shift to first base as he progresses through the system. Still, he has yet to play a single game at first base as a pro and would be just as good a fit at designated hitter. At low-A Charleston this year, Montero hit .293/.333/.440 as a catcher and .356/.417/.548 as a DH in a similar number of plate appearances. What’s more, the Yankees would be well advised to make every attempt to keep Montero behind the plate given the tremendous competitive advantage that a productive offensive catcher can provide.

Given all of that, there’s no good reason for the Yankees not to make every attempt to sign Mark Teixeira to a huge contract. (more…)

Buzzin’ ‘Round Your Hive

The Boston Globe‘s “The Buzz” is proving to be a strong Hot Stove roundup, and a helpful one given the local tendency to see every free agent through pinstriped glasses. Here’s some of the latest they’ve collected, the top two of which were updated this afternoon:

A.J. Burnett:

According to a report in the Toronto Star, the Blue Jays have an offer ready for Burnett for $54 million for four years that they have been waiting to make to his agent . . . According to the Globe’s Nick Cafardo, the [Red] Sox don’t want to extend themselves that long contractually or money-wise for Burnett . . . The New York Post’s George King writes . . . “word is spreading that A.J. Burnett will shy away from The Bronx.”

Derek Lowe:

According to the Globe’s Tony Massarotti, Derek Lowe is among the most probable targets for the Red Sox . . . “a major league source has confirmed that the Sox have inquired with agent Scott Boras about Lowe, interest deemed sincere enough that Boras has equipped the Sox with one of his famed marketing portfolios, or ‘books,’ on the player’s value.” Massarotti writes that Lowe “has never has been shy about declaring his fondness for Boston and East Coast baseball . . . Lowe has made Boston his No. 1 preference according to the Globe’s Nick Cafardo. . . . Cafardo also reported that the Mets are going after him strong and have the resources to land him. The Mets also employ Lowe’s personal trainer, Chris Correnti, but Lowe, who wants to play for a winning organization in a place where he’s comfortable, may not see the Mets fitting his criteria. St. Louis, Atlanta, Milwaukee, and Detroit might be better fits, writes Cafardo.

These two pitchers are the Yankees’ top two targets after CC Sabathia (though Burnett shouldn’t be), but it just might be that neither wants to pitch for the Yankees, which could either pass those Yankee bucks on to the likes of Ryan Dempster and Oliver Perez, or, better yet (much better) into an increased offer to Mark Teixiera. Speaking of . . .

Mark Teixeira:

From the Globe’s Nick Cafardo: “The Sox also should be in the mix for Teixeira, in whom they have long had interest. The early chatter is a contract in the vicinity of 7-10 years at more than $20 million annually might whittle the field, though the Angels, Red Sox, and Yankees won’t likely feel their pockets burn no matter what they have to pay. . . . It would be a surprise if they don’t make a substantial offer, though it might not come on Day 1.” According to a report in the Washington Post, the Nationals may be making a run at Teixeira: “Against all odds and logic, the Nationals envision themselves as serious players in the Teixeira sweepstakes, according to team and league sources, and are believed to be preparing an offer they feel will be competitive with the others Teixeira is likely to receive. In other words, it would almost certainly be north of $100 million, if not $150 million.”

I don’t know about you, but the thought of a Boston infield with Kevin Youkilis at third, Jed Lowrie at short, Dustin Pedroia at second, and Mark Teixeira at first base is going to ruin my sleep until Teixeira (hopefully) signs elsewhere. I doubt Teixeira will quarantine himself on a losing team like the Nats, but he’s a Baltimore native, so it’s slightly less than ludicrous.

Meanwhile, heres something I stuck in comments earlier today that I’d be interested in getting your reaction to:

I don’t doubt the accuracy of the estimates of the Yankees offer to Sabathia, but I think a lot of the speculation about how much money the Yankees have to throw around beyond Sabathia is misguided and uninformed. Dealing in 2009 dollars only, I’ve heard estimates that the Yankees have as much as $80 million coming off the books, but my accounting shows something closer to $65, and that was before they spent roughly $9 million on Marte and Swisher for 2009. So $56 million minus $24M for CC . . . that’s $32M. That’s just a pair of $16M pitcher contracts before the payroll starts going up. That means no money for another hitter unless they’re willing to push the payroll past $230 million [or punt on one or both of those other pitchers, or if they don’t land CC]. With unsold suites, $11 million in unpaid taxes being collected by the city comptroller, and a federal investigation into their tax-exempt bonds for the new stadium, I’m not sure they have that much flexibility.

(more…)

Nothing But Net?

“Swisher is a rare point of agreement between Paul’s computer and the interal compass of an old baseball guy. He has the raw athletic ability the scouts adore; but he also has the stats Billy [Beane] and Paul [DePodesta] have decided matter more than anything: he’s proven he can hit, and hit with power; he drew more than his share of walks. . . .

“Swisher is noticeable, isn’t he?” says Billy, hoping to hear more about what Swisher looks like. How Swisher really is.

“Oh, he’s noticeable,” says an old scout. “From the moment he gets off the bus he doesn’t shut up.”

–from Moneyball by Michael Lewis

Nick Swisher was the first player taken in the Oakland A’s 2002 “Moneyball” draft and the 16th overall, a pick the A’s received as compensation when the Red Sox signed Johnny Damon. With the 17th pick, the Phillies drafted a left-handed high school pitcher named Cole Hamels. The son of major leaguer Steve Swisher and a product of Ohio State University, Swisher needed just two and a half seasons to work his way up the A’s ladder and in 2005 he was their starting right fielder at age 24. Swisher spent the next two seasons splitting time between first base and all three outfield positions. By his 27th birthday, a little less than a year ago, he was had established himself as the best hitter in the A’s weak offense with a career .251/.361/.464 line, a tick below his .261/.379/.476 career line in the minors.

The A’s had signed Swisher to a five-year deal the previous May, buying out his arbitration years for what amounted to $24.55 million over four years with a $10.25 million option for 2012, but on January third of this year, the rebuilding A’s traded Swisher and his new contract to the White Sox for outfielder Ryan Sweeney and a pair of pitching prospects.

Swisher began the 2008 season as the White Sox’s center fielder, almost by default. After a quick start, his average and power numbers began to plummet, soon followed by his signature on-base percentage. Swisher hit rock bottom at the end of May, then recovered with a strong June (.315/.402/.630), but hit the skids again in July only to see his playing time diminish after the trading-deadline arrival of center fielder Ken Griffey Jr. With the White Sox in a pennant race, Swisher made just six starts over the season’s final two weeks and appeared only as a defensive replacement at first base in Chicago’s one-game playoff against the Twins. He started just once in the Chisox’s four-game ALDS loss to the Rays, going 1 for 3 with a pair of walks in their Game 2 loss and popped out in a Game 4 pinch-hitting appearance.

All together, Swisher hit just .219/.332/.410 while splitting his season between center and first base, with some additional work in the outfield corners. According to ESPN’s Keith Law, Swisher suffered through:

. . . a horrific year, looking slow and even apathetic, almost as if his patience at the plate was the result of indifference rather than a desire to work the count. He can still run into a ball if a pitcher makes a mistake, but his bat was slow and he would foul off average fastballs and miss plus heat entirely.

Our YES pal, Steven Goldman sees Swisher’s down year differently:

If you look inside Swisher’s stats, you will see that his line-drive rates were actually up from 2006 and 2007, but his batting average on balls in play dropped by 52 points from 2007 to 2008. In other words, he was still hitting balls hard, but they were caught at an abnormally high rate. We call this bad luck, maybe very bad luck. If he doesn’t overreact by tying his swing into a pretzel, he’s an extremely good candidate to rebound.

Steve also points to Swisher’s bizzare home-road split, which saw him hit a typical .247/.361/.517 at U.S. Cellular, but a miserable .189/.301/.294 on the road, this a year after hitting .270/.376/.474 in his road grays for the A’s, as another likely indication of a fluky season.

The Yankees certainly hope Goldman, not Law, has the right take on Nick the Swish, because he’s their problem now. The Yankees acquired Swisher and the $21.05 million over three years remaining on his contract from the White Sox yesterday along with minor league closer Kanekoa Texeira for infielder Wilson Betemit, Triple-A starter Jeff Marquez, and Double-A reliever Jhonny Nuñez.

(more…)

Yanks Get Swisher for Marquez

The Yankees just picked up OF/1B Nick Swisher from the White Sox for triple-A starter Jeff Marquez (and possibly others, though it seems Marquez is the main piece). Both players had bad years this year. The big question is whether or not this will impact the Yankees pursuit of Mark Teixeira, or if Swisher is more of a Shelley Duncan/Wilson Betemit replacement. Discuss. I’ll be back later to break this one down.

Update: The full deal is Swisher and Double-A righty reliever Kanekoa Texeira for Marquez, Wilson Betemit, and Double-A righty reliever Jhonny Nuñez, the last of whom was the player received for Alberto Gonzalez at the trading deadline.

Mucho Damaso

The Yankees have signed their first Type A free agent of the offseason, re-upping lefty reliever Damaso Marte, whose $6 million option they had declined just last week, with a three-year deal worth $12 million with a club option for 2012. Marte joined the Yankees just before the trading deadline this year in the deal that also brought Xavier Nady over from the Pirates.

Marte’s Yankee career didn’t get off to the best start as he struggled in two of his first five outings for the Bombers, allowing six runs in his first 4 2/3 innings. His fifth Yankee appearance saw him throw 42 pitches in 101-degree heat in Texas. Marte hadn’t thrown that many pitches in a single outing since August 2006 and promptly developed discomfort in his pitching elbow. Four outings later, Marte turned in another stinker, setting his Yankee ERA at 11.05 after nine appearances. Though Joe Girardi insisted that there was nothing wrong with the Dominican lefty, Marte faced just one batter over the next nine days, eventually informing the media of his elbow discomfort on his own.

The time off did trick as Marte returned to action on August 22 and posted a 1.64 ERA over his last 15 appearances, striking out 13 in 11 innings, while allowing just nine baserunners. The Yankees have clearly chosen to focus on those last 15 outings rather than on the first nine and that bit of elbow pain.

By declining Marte’s option only to resign him to a multi-year deal, the Yankees have done exactly what many expected they would, though I’m troubled by the length of the deal, particularly given that Marte will turn 34 before pitchers and catchers report. Perhaps the most significant success of the 2008 Yankees was their ability to piece together one of the best bullpens in baseball from an assemblage of home-grown arms and minor league free agents. Perhaps just as impressively, they were able to replace parts on the fly when, for example, Brian Bruney broke his foot, or Joba Chamberlain moved into the rotation.

That success seemed to teach the Yankees all they needed to know about the fungibility of relief pitchers, prompting them to release struggling veteran LaTroy Hawkins, whose signing last winter seemed like little more than a hedge against betting the pen on those other unproven arms, and trade Kyle Farnsworth, the lone big-money holdover from past failed attempts to buy a better bullpen, in the wake of the acquisition of Marte. When Marte struggled in his first month as a Yankee without doing much damage to the pen as a whole, that seemed to provide another lesson. Still, here we are again, evaluating a three-year deal for a veteran set-up reliever.

I would have understood if the Yankees had picked up Marte’s option, using him as a hedge against coming set-up man Mark Melancon or against a second look at lefty Phil Coke in the major league pen. I would have understood a two year deal at a reduced salary, which would have allowed the team to trade Marte either at the deadline or next winter. Three years plus an option? That I don’t get. Not when the option would be for Marte’s age-37 season. Not given that bit of elbow trouble in August. Not given all of the pitching already in the Yankee system.

(more…)

Give A Listen

I’m going to be one of the guests on the Baseball Digest Daily Live podcast today at noon, which you can listen to live. I’ll be talking Yankee hot stove, of course, and will be preceded by BDD’s Rob McQuown, who will be talking Jake Peavy, and followed by Baseball Prospectus’s Christina Kahrl, who will discuss the Mike Jacobs trade. Check it out.

Update: The online player here doesn’t seem to work for me, but if you go here you can download an MP3 of today’s show. I come in at the 21:21 mark, and do stay tuned for Christina, who follows, as she’s always interesting.

Honeymoonlighting

Prior to my postmortem this morning, I’ve been relatively quiet this week. The main reason for that is that all of my attempts to write about baseball have come out looking something like this.

Still, baseball is never far from my mind, and that was all the more true this week as the election results proved something I’ve known for a long time: Nate Silver knows a thing or two about statistics and projections. By using the sort of corrections and adjustments Baseball Prospectus has long used to normalize baseball stats, Nate normalized the polls and predicted Obama’s popular vote win down to within a tenth of a percentage point based on the votes counted thus far. As for the electoral college, out of the 50 states, the only one he projected incorrectly was Indiana, which he had as a slim red state and wound up just going blue by less than a percentage point, backing the Democratic candidate for the first time since 1964. It seems he also will have missed the one electoral vote for the Omaha area of Nebraska, but that vote was so close, it still hasn’t been called one way or the other. Still, that’s all he missed.

If you need further proof that the BP statisticians know what they’re doing, check out my last post and note how VORP, SNLVAR, and WXLR explain the difference between the 2007 and 2008 Yankees down to the win. Some who know that I’ve edited and contributed to several Baseball Prospectus books might accuse me of being a shill for the group, but those who know me well know I wouldn’t have participated in those projects if I didn’t believe in the quality of the work they do. I just hope they’re smart enough to cash in on Nate’s newfound fame.

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"This ain't football. We do this every day."
--Earl Weaver