You ever get the urge to start a fanpost but you're too lazy to articulate your opinion? I think most of us have been there. That's probably one hundred percent of this site, 90% of the time. But most of the time, it's not just because of laziness: it's because most of our point can be surmised by writing, "HEY! Look at Fangraphs! Holy crap it's all right there!" Blogging about logical Royals moves in the era of fangraphs has become like describing what ice cream tastes like after being blasted with novocaine. It's almost insulting to your reader to try it.
But, Holy Shit, look at fangraphs. Look at everything we know and have learned about baseball and free agency. Signing declining veterans with health problems and name recognition isn't a winning strategy (you're welcome!). Signing players near their prime with high upside is much closer to it. Ubaldo Jimenez represents the latter. The 30 year old has been durable, played at an elite level most of his career, but experienced what appears to be a temporary downswing for a little over a year.
In short, some recent bad baseball is deflating Ubaldo's value. He's a gamble, but he's a gamble with true upside, rolling in the smart money that's on his side. Look at his fangraphs! He strikes out a lot of people! Pitchers who strike out a lot of people, you may have heard, demonstrate a dominant quality that makes them more likely to perform well in the league. He walks a lot of people as well, but this is marginalized by his ability to keep the ball on the ground. Maybe his game doesn't play well to Kauffman's tendencies like James Shields' does, but do Carlos' Beltrans? Not anymore they don't. Ubaldo is simply the better player.
And more importantly, he's a much smarter 3 year investment.