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The Mudflat Million

Here's a Monday morning question for you. Will five good free agent signings take place this off-season?

That is to say, "good" from the team's perspective.

And no, this isn't another screed in the vein of these damn ballplayers make too much money, firefighters should be the REAL millionaires. No, I'm just looking for something resembling a wise investment. Something that from a baseball standpoint, either in terms of money spent, team need, or some combination of both, stands out as a clearly smart deal. Considering how weak this year's FA crop is, as well as the fact that they're nearly all centerfielders or middle relievers, a smart deal that fits a need may be hard to find.

While it seems like nothing is happening, counting moves involving contract options, we've already had 35 "free agent signings" to date, which doesn't include the persistently news-worthy A-Rod deal with the Yankees. Still, as these things go, option moves aren't quite free agent signings, just as made-for-TV-movies aren't quite movies. As the news of the Toriiiiiii Hunter signing surfaced this weekend, I didn't  really know how to react to the news. Sure, it was so very Angels in many ways, but yet manifestly curious nevertheless. Again, my point here isn't to take on the old and familiar blogger/stathead pose of critique, at least, not exactly. Honestly, though, five years/90 million,  in that outfield, what the hell? Everyone knew that someone was going to overpay for Hunter this winter, sure. But at least the assumption was going to be that it was a team with a hole in center, at least in theory. Doubtlessly, the Sarge Jr. contract looks more awful each day, but its hard to find a recent example of any team -- even the Yankees or BoSox -- so obviously just saying, "ohh well, that was terrible, its a sunk cost, we'll move on" with a comparable cost/years scenario.

Maybe a defense will surface, and maybe $15 million per won't even be that much in two more years, when Hunter's an average corner outfielder with a good glove. Maybe thats all there is to it. But to return to the original rhetorical question raised by me, no, I don't think anyone would make the case that this is a "smart move". At best, maybe its like a $800 flight bought at the last minute: hideously expensive but justifiable because the alternatives are worse. To an extent, the cowardly three-year deal the Red Sox gave Mike Lowell seems to be a rather different animal of a somewhat different genus. Aside from defense, every single justification for that contract is of the magical pixie dust variety: an old guy's batting average holding up, clutchness and clubhouse leadership and status as the anti-Arod.  If anything, the Lowell and Varitek contracts are reminders that the Red Sox can afford to be sappy and stupid because they're smart enough and rich enough to make up for it in other areas. For Cleveland, who nearly knocked off Boston in the ALCS, the Lowell deal is precisely the kind of acknowledged over-pay that they can't really afford to make, even if they wanted to.

Just skimming the various sites tracking the free agent movement, the only really inspired signing I see so far, the kind of move I hope Dayton Moore makes this winter and beyond, is Cleveland's two-year deal with Kobayashi. Sure, the trans-Pacific crossover always involves a bit of risk, but considering the money and years Cordero and Romero have received, it looks like exactly the kind low-risk, high-reward signing that we've come to expect from Shapiro. The fact that there's also a cheap club option year ($3.25 M) tacked on, makes it look even better.

So there's one good signing. So now I turn it over to you. Do you think there will be four more good ones between now and Opening Day?

p.s.

Oh, right. I forgot. The Jason LaRue deal with the Cardinals, which is obviously an awesome move for the Redbirds. I was simply too emotionally scarred to mention it earlier.

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Are the Red Sox that sappy?
Theo Epstein and his crew are not exactly known for handing out long contracts to fan favorites.  They let both Pedro Martinez and Johnny Damon walk in spite of their Beantown fanbases...and each time, the Boston brass made the right call.  I wonder about how well Lowell will hold up in the third year of his contract, but for at least 2008 and 2009, he will likely be better than anything Boston could've gotten in this year's weak FA class.  The BoSox probably overpaid slightly for Lowell

That being said...I think the Yabuta signing will pan out very well for the Royals.  If someone can sign Hiroki Kuroda for around 4 yrs/$40MM, that will also be a pretty wise investment.  Same goes for Kosuke Fukudome.  As for one more decent FA signing...if Milton Bradley can stay healthy and doesn't wreak havoc in the clubhouse, I think if a team takes a flier on him they will have made a wise investment.

by DarthYoshi on Nov 26, 2007 2:29 AM EST reply actions   0 recs

Its not sappiness per se
I guess, but there does seem to be a willingness to cave on certain deals simply because its easier to do so than to deal with the alternative.

I don't think the Red Sox fans were as hardcore about Damon, UNTIL he signed with New York.

by royalsreview on Nov 26, 2007 2:39 AM EST up reply actions   0 recs

You're right...
True, on both counts.  I have my doubts about Lowell in the long run as well...and it is pretty clear how dramatic Varitek's decline at the plate has been (although he is still excellent with the BoSox pitching staff).  But all in all, I don't think the Sox overpaid by a whole lot for Lowell...he will make about $12.5MM a year with the new deal, but I think his 2007 salary was in the neighborhood of $9 or $10MM.

by DarthYoshi on Nov 26, 2007 3:52 AM EST up reply actions   0 recs

Lowell is just such a weird player
considering he looked done three years ago
Hillman, you're on notice.

by FireBell on Nov 26, 2007 12:27 PM EST up reply actions   0 recs

Kuroda and Bradley
These two look to be the only two free agents that may merit the $10 million/yr contract they're likely to receive.  

So, assuming they aren't wildly overpaid, that's two.  Kobayashi is three.  LaRue probably counts as four and five, but to make things fair, let's discount him.

I don't think Yabuta's necessarily going to earn his $6 million if he ends up signing with the Royals -- he'll be 35 and he had a significant drop in his K rate last season.  Guillen also looks like a bust to me, unless he's signed to a very short, inexpensive (around $6 million/yr) contract.

Are there two others?  I suppose there will be a pair of pitchers among the throng of low-profile relievers that are signed for less than $2 million that will have above average seasons, but that's just the nature of statistics, so that probably shouldn't qualify, either.

I'm going to say no.

by marbotty on Nov 26, 2007 2:52 AM EST up reply actions   0 recs

Milton Bradley deserves $10M per year?
I think he's a good player and he is definitely one of the corner OFers I think the Royals should be looking at, but I can't say he's more worthy of $10M per year more than someone like Jose Guillen.  Their hitting averages are comparable (particularly when you normalize for park and league), but Guillen is likely to play full seasons, while Bradley is likely to give you half seasons, or maybe 2/3 of a season for each year of his contract.  Injuries and playing time count.  And Bradley's frequent, almost guaranteed injuries which will cut down his playing time should affect his value.  There is a reason no one is going to give him $10M per year.
I probably disagree with you.

by NYRoyal on Nov 26, 2007 12:10 PM EST up reply actions   0 recs

Yabuta and Kobayashi
Yabuta is less than one full year older than Kobayashi, and it has been pointed out by multiple people on this site, that pitchers don't usually significantly decline in the 34-36 period.  And, FWIW, BP's Japanese baseball expert thinks Yabuta is better than Kobayashi.
I probably disagree with you.

by NYRoyal on Nov 26, 2007 12:14 PM EST up reply actions   0 recs

Good question
its tough to think it off the top of the head. I think this is a year of bargains though. No one really wins when playing at the big money table. I think Rowand is probably the best guy to go after and then Jones but I still think the cost is too high for the return on those guys. Of course, 6 months from now I could see whoever signed Andruw Jones laughing at everyone else because he has returned to form and is a steal at whatever they got him for.

I do think Guillen is probably a good deal.

Bartolo Colon under the right circumstances could be a good value add.

I like Wolf as back end LHP on the cheap.

Tony Clark is a great bench bat addition.

Bobby Kielty would be a nice platoon pickup.

Shannon Stewart would be decent.

A cheap contract for Brad Wilkerson might also be a steal. I remember Peter Gammons called him the best player in the Alfonso Soriano deal at the time. Which is probably most definitely wrong, but still, the guy has a ton of power and could be a late bloomer worth looking at.

by wildthang on Nov 26, 2007 3:05 AM EST reply actions   0 recs

brad wilkerson, colon, and wolf
Good calls. I wish to amend my previous post.

by marbotty on Nov 26, 2007 3:38 AM EST up reply actions   0 recs

all hail the one-year deal
Hillman, you're on notice.

by FireBell on Nov 26, 2007 12:29 PM EST up reply actions   0 recs

I don't get the Brad Wilkerson love
His sub-.800 OPS's don't do much for me.  He's a pretty good CFer without much power, and I think we have enough of those already.  Wilkerson showed some early promise, but over the last three seasons he's settled into ho-hum mediocrity.  I don't see him making a significant difference on any team.  Certainly not any team that wants an impact bat.
I probably disagree with you.

by NYRoyal on Nov 26, 2007 12:35 PM EST up reply actions   0 recs

Oh NYRoyal, must you always disagree with me?
I don't think Brad's any sort of answer, but if given 500 at bats for the team, he could easily hit 25 HRs for us.

I would imagine that would be about the same number we could expect from Guillen.  Homers aren't everything, of course, but he's still got the ability to draw walks, too.

Assuming Brad can ever find a way to hit .260 again, that could ostensibly bump his OPS to over .800.  I don't think that's a bad gamble considering he should be a great deal cheaper than Guillen.

by marbotty on Nov 26, 2007 1:51 PM EST up reply actions   0 recs

Guillen vs. Wilkerson
As a Royal, here is what I think their lines would be:

Guillen: .290/.345/.485
Wilkerson: .235/.320/.435

Those numbers are in line with their recent production (the past 3-4 years) and the switch in ballparks they would be making.  Guillen looks much better to me.

I've never seen what some others see in Wilkerson.  His early good seasons have faded away and are now a distant memory.  He has become a pretty mediocre player.  Three mediocre seasons in a row tell me all I need to know about this guy.

I probably disagree with you.

by NYRoyal on Nov 26, 2007 1:59 PM EST up reply actions   0 recs

I want the Royals to spend some money
As money flows into MLB at a ridiculous rate, teams simply have a lot more to spend now.  Since operating costs and minor league contracts are staying pretty stable, the only outlet for this money is free agents.  When teams have $10M to $100M more to spend each year than they did five years ago, and the only way to spend it is on free agents or locking up home grown talent.  It only makes sense that salaries have shot up and will continue to grow each year until MLB revenue stagnates.

If a team wants to "be smart" and stay away from spending market rate on free agents, where else are they going to spend their money?  Some can go to beefing up international scouting and minor league development.  Some can go to the draft and picking up more players with large signing bonus demands.  Some can go to more minor league free agents who still have a shot at being better than replacement level.  But all these other outlets add up to what, maybe $8-10M per year at most?

The conventional wisdom over the last decade has been for teams to spend their extra money locking up home grown talent rather than letting players test the free agent market.  (The A's and the Twins in particular have worked this method.)  As more teams followed this method amazingly weak free agent classes resulted.  Each year there are only 10 or 15 decent players on the market.  So teams end up paying huge amounts on slim pickings.  And we see things like middle relievers signing $15 - 20M packages.  And guys like Randy Wolfe and Kerry Wood being courted with three year deals.

So what should the Royals do?  I guess they need to play the game.  They need to pay market rate for players they need.  And when there is no one worth signing available, they need to sink a lot of money into the draft and locking up players like Teahen, Gobble and Buck.  What I absolutely do not want to see them doing is sitting on the sidelines refusing to spend money.  Money not spent this year will probably be money lost.  Glass has no long term vision or commitment to winning.  If the Royals do not spend money this year I seriously doubt Glass will set it aside and give it back to Moore next year.

The Baird era was defined by the Royals saying, "That is way too much money!  We would be crazy to play that game.  We'll just be smart and sit it out."  And we all know where that attitude led the team.  The Royals really need to spend around $80M on the roster and draft to be a normal team.  Stubborn denial of this reality will just led to more lost seasons.  If the Royals do not find productive ways to spend $25-35M this off season I will be disappointed.  Torii Hunter probably is overpaid at $18M per year, but he will make the Angels better.  That extra $18M sitting in Glass' wallet does nothing for the Royals.  When faced with the choice of overspending on a decent player vs. doing nothing the choice for us fans should be clear.

by James Quinn on Nov 26, 2007 11:41 AM EST reply actions   0 recs

Amen...
I for one am tired of hearing everyone rip apart every player acquisition opportunity that comes along because the player could be a "albatross" with a huge contract. MLB is flush with cash and you have to pay to play. Torri Hunter would have made the Royals better. Gathright may be cheap but he's not any good. Good major league free agents now cost $18 million a year whether we think they're worth it or not. Glass is a wealthy man in a wealthy sport that just received a huge tax subsidy. Payroll should reflect that.

by djk royal on Nov 26, 2007 12:18 PM EST up reply actions   0 recs

yes
the money is only relevant if a certain contract legitimately limits other moves

however, in the royals case, this may actually be the case, given Glass, etc.

Hillman, you're on notice.

by FireBell on Nov 26, 2007 12:28 PM EST up reply actions   0 recs

Good call
We've got at least $25M to spend (probably more like $27M).  I don't think we need to spend all of it, nor do I think it is a good idea.  But it makes no sense to just sit on that pile of cash and spend none of it, or just pick up a few little cheap pieces which don't upgrade the team.  Picking up a good second tier corner OFer for probably a reasonable 3-year contract, plus a pretty cheap but good Japanese reliever costs about $13M.  Pick up one more smallish piece of the puzzle and you're still sitting on $10-12M.  That, along with another good year of revenues gives you some good payroll flexibility for next year's FA class.
I probably disagree with you.

by NYRoyal on Nov 26, 2007 12:32 PM EST up reply actions   0 recs

At the risk...
of starting a disagreement with NYRoyal.... I will go with Wilkerson too.  I will also throw in two other names Pedro Feliz and Eric Hinske.  Feliz will probably resigned with the Giants, but I doubt if the Red Sox will pick up Hinske again.  Both Brad and Eric could be servicable OF's and good pt DH's.  With Buck hitting a team leading 18 HR's I think that either B or E could get close to that playing fulltime.  Niether would cost over 5 mill. and we would have the money to lock up our young players for several years. Lastly, both above players could play 1B just in case the Butler experiment doesn't pan out.

by grudz69 on Nov 26, 2007 2:11 PM EST reply actions   0 recs

Wilkerson is a good player
He just doesn't add what I think we need.  As far as offensive production, he is very much like DeJesus and Teahen.  We need more power. And we need better overall offensive numbers.  Guillen provides that.

There are lots of little stopgap options that could give us another mediocre hitter in the lineup.  But, when we can afford it, I'd like to bring in a player who is a genuine upgrade and whose bat might actually make a difference.

I probably disagree with you.

by NYRoyal on Nov 26, 2007 2:25 PM EST up reply actions   0 recs

Yeah, Guillen > Wilkerson
The problem with Wilkerson is his lack of contact, not power.  His ISOP over the last four years (243, 157, 200, 233) show the power is still there, and rate modestly better than Guillen (203, 196, 182, 170).  His SLG look bad because he hit 248, 222, and 234 the last three years.  Wilkerson can no longer play CF, but rates as a league average LF, while UZR had Guillen as the worst defensive RF in the AL.  But Guillen is otherwise clearly better across the board.  Guys like Wilkerson who strike 25% of the time without hitting for average or walking at a high clip are just not much of an asset.  

by Gopherballs on Nov 26, 2007 4:50 PM EST up reply actions   0 recs

Agreed
Wilkerson has the "pure" "raw" power, but if you can't make enough contact to make that power translate into a good SLG, it isn't particularly useful.  And I think Teahen and DeJesus have enough range to make up for Guillen, and he at least has a good arm.
I probably disagree with you.

by NYRoyal on Nov 26, 2007 4:53 PM EST up reply actions   0 recs

i wouldn't mind Guillen on
a one year contract. But, if we sign him and he flops (good chance of this happening), Glass will not be willing to spend on a much better FA class next year. I still say to sign Fukudome and make a great pitch to the Pirates for Bay. How would Dejesus, Buckner, and Huber for Bay and Matt Capps be? Enough? Too much?

by royaldaddy on Nov 26, 2007 3:29 PM EST reply actions   0 recs

I don't think success/failure determines budget
I think revenues determine the budget for player payroll.  I don't think it is about the success or failure of FA signings.
I probably disagree with you.

by NYRoyal on Nov 26, 2007 3:35 PM EST up reply actions   0 recs

Kerry Wood signed by Cubs
Kerry Wood just signed a somewhat surprising deal with the Cubs.  One year at $4.2M, with incentives that could push it to around $7.5M.

Surprised that he signed a one year deal.  I think a good deal for the Cubs.  Wood comes pretty cheap overall and he has a lot of upside.  Moderate risk, high reward.

Wood will close and Dempster will be moved to the rotation.  The last time Dempster was a starter he was shelled long and hard.  Risky move for the Cubs.

by James Quinn on Nov 26, 2007 4:32 PM EST reply actions   0 recs

Cubs out of the hunt for Kuroda?
MLBtraderumors thinks so.  Hopefully the Royals are bidding on him.
I probably disagree with you.

by NYRoyal on Nov 26, 2007 4:50 PM EST up reply actions   0 recs

super five
I'm late to this conversation, but I believe there'll be at least 6 good buys, with kobayashi being the first.
Izturis could be a good find and fairly inexpensive; bradley or patterson as someone's stop-gap centrefielder; jennings, colon and wolfe.
What i'd like to see Moore do is forget growth hormy user Guillen and be more aggressive on the trade front. Deal Dejesus to Pittsburgh for Wilson and p Todd Redmond. Then offer Andruw Jones a 4-year 70m contract; when he turns that down, sign Patterson or Bradley.
Pick up another infielder who can handle the corners, an Ensberg or Hinske for depth.
Make a bid on Freddie Garcia but nothing too lucrative, about $3m and an option. Sign one of Leiber, Maroth or Fossum and stay away from the Wells, the Wrights and Ortiz, Tomko and Milton.

And what you'd get is

cf- Patterson
rf- Teahen
lf- Butler/Hinske
1b -Gload/Shealy
2b- Grudzie
ss- Wilson
3b- Gordon
dh- Butler/Huber

sp- meche, bannister, garcia (by June), greinke, hochevar and davies...
cl- soria

"I gotta a fever, and the only prescription that'll due is more cowbell!"

by canuck royal fan on Nov 27, 2007 1:19 AM EST reply actions   0 recs

jack wilson
is crappy and old and not worth david dejesus

by wildthang on Nov 27, 2007 4:15 AM EST up reply actions   0 recs

And
...the one area where the Pirates are actually deep with pretty good young talent is the OF.  They would have no reason to deal for DeJesus.
I probably disagree with you.

by NYRoyal on Nov 27, 2007 4:48 AM EST up reply actions   0 recs

Neifi Perez
$200,000 K per year to play for the Newark Bears or Long Island Ducks.  Best...deal....ever.
"I'm tired of all these stupid a$$ questions every day. Why the f**k would I hit Brett for Miller?" The rest is history.

by DC Royal on Nov 27, 2007 4:08 PM EST reply actions   0 recs

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