Showing posts with label Masahiro Tanaka. Show all posts
Showing posts with label Masahiro Tanaka. Show all posts

04 November 2013

Making the Orioles a Champion in 2014: The Moves the Orioles Should Make

This post is part of the Making the Orioles a Champion in 2014 Series.  Below you will find links to the other articles.  We will do our best to make sure the links go live with each new update.
C | 1B | 2B (12) | 3B | SSLF | CF | RF | DH | Bench | SP (1, 2) | RHRPLHRP | Conclusion

A sight for 2014 | photo by Keith Allison
Over the past month or so the writers here at the Depot have put forward their best ideas as to how Dan Duquette could improve the team and make the squad a winner in 2014.  The basic way we initiated this concept was to ask ourselves for each position we were assigned, what is the best way to maintain the position to move this ball club forward in a realistic way.  A major challenge is figuring out what exactly that means in terms of having the money to throw around to buy any piece one's heart desires.  In other words, this will not be a column where we call for the team to sign Shin-Soo Choo, Masahiro Tanaka, Brian McCann, Kendrys Morales, and Matt Garza.  Instead we will try to figure out some more realistic scenarios for improvement.

Again, be sure to check out the other articles in this series.  We all acted independently and I took on their advice on how this team should improve, but I did not fully agree with them on every point and it is unlikely that it is financially possible to meet all of the demands in those pieces.


2013 Payroll and Implications for 2014

Plausible arguments can be made that there are three potential payroll numbers for the 2014 Orioles:

Low
95 MM.  When it was all said and done the Orioles spent roughly 95 MM on payroll.  This includes the mid-season acquisitions of Scott Feldman, Bud Norris, Francisco Rodriguez, and Michael Morse as well as the departures of Jake Arrieta and Pedro Strop.  The conservative estimate is that 95 MM is the extent of the team's payroll possibilities.  They did not go big in the International Market for Blue Chip talent nor did they really overspend with respect to what one is capable of during in the Rule 4 draft.  It is probably a sufficient assumption that 95 MM is a realistic floor.

Middle
105 MillionLast year, I suggested that the team could increase payroll about 10 MM to 94 MM.  This number was based on a napkin scratch (not shown) that  was supported by amount of assumed take home profit that the team stands to gain from a single fan is around $30.  There was not a lot of hard line methodology behind that.  It was supported only by what I thought was a fair approximation of what the team cut is; an increase of 10 MM.  The Orioles hit that number right on the dot, which is probably a major bit of coincidence.  Regardless, I think it probably sets a nice mid-level target for 2014 payroll.  Here is an updated table showing the last three years.


Attendance MM+ '11 ($30) Payroll
2011 1,755,461 -- 87
2012 2,102,240 10 84
2013 2,357,551 18 95
Based on that very simple approximation, I think the mid-level expectation is that this team could increase payroll 8 MM to 103 MM in order to reflect the increase in attendance.

High
115 MM.  Based on some discussions I have had, there will be an increase in team allotment from MLBAM of about 10 MM.  I am not sure to what extent the team actually sees that money against what is taken in taxes and for reinvestment in MLB.  Let's assume that the 10 MM is a true increase, one that affects all MLB teams (which will likely have an impact in the free agent market by driving up prices another 10% over their expect 5% increase this off season).  That leaves the team at around 115 MM for spending.

A Note About Any Trades Suggested in This Piece
Trades are always a difficult thing to realistically tease apart.  In light of that, the only deals I will be engaging in with this post are ones that are money saving considerations where the team brings back prospects who are not ready for prime time.  Basically, your typical single and double A players.  In all likelihood, the team will engage themselves in a fringe veteran (e.g. Jason Hammel), but I will not assume that my toe in the trade waters are sensitive enough to detect who that will be.

Current Obligations

The table below lists all of the current obligations the Orioles currently have.  This means any potential salary allotment for players like Brian Roberts, Francisco Rodriguez, Michael Morse, Scott Feldman, Nate McLouth, Jason Hammel, and Chris Snyder are not to be included.  Values in italics mean that I have assumed an action to be made and boldness reflects our assumption of what the salary of the player will be after arbitration.  Another fair question is why I have included all controlled players on the 40 man roster as being worth 0.27 MM.  This value was derived as the average value of 40 man roster non-arbitration players based on minimum MLB salary (0.49 MM) and 40 man roster AAA salary (0.082).  The information in this table is a reflection of information gathered at Baseball Reference and MLB Trade Rumors.

Age  Service 2014 (MM)
J.J. Hardy  30 7.164 7
Nick Markakis  29 7 15
Adam Jones  27 5.139 13
Alexi Casilla  28 5.038 0.2 buy out
Jim Johnson  30 4.165 10.8
Darren O'Day  30 4.103 3.2
Dan Johnson  33 3.151 0.8
Matt Wieters  27 3.129 7.9
Steve Pearce  30 3.116 1.1
Bud Norris  28 3.068 5
Tommy Hunter  26 3.066 3.1
Chris Davis  27 3.061 10
Nolan Reimold  29 3.004 1.2
Chris Dickerson  31 2.171 0.7
Brian Matusz  26 2.156 2.1
Troy Patton  27 2.15 1.2
Danny Valencia  28 2.02 0.27
Zach Britton  25 1.117 0.27
Chris Tillman  25 1.113 0.27
Miguel Gonzalez  29 1.107 0.27
Jason Pridie  29 1.047 0.27
Steve Clevenger  27 1.01 0.27
Wei-Yin Chen  27 1 4.07
Ryan Flaherty  26 1 0.27
Josh Stinson  25 0.058 0.27
Steve Johnson  25 0.056 0.27
Manny Machado  20 0.056 0.27
Dylan Bundy  20 0.015 1.25
T.J. McFarland  24 0 0.27
Mike Belfiore  24 0 0.27
Kevin Gausman  22 0 0.27
Jonathan Schoop  21 0 0.27
Henry Urrutia  26 0 0.27

The final tally for obligations is 91.7 MM before any roster movement.  Last week, Chris Dickerson and Dan Johnson were released, opening up 1.5 MM.  I will round that down to 90 MM.

Proposed Moves

Low (95 MM)
Released - Nolan Reimold (saves 1.2 MM - 88.8 MM payroll)
Traded - Jim Johnson for 2 B level prospects (saves 10 MM - 78.8 MM payroll)
Signed -  Nate McLouth (2/12 MM), Eric Chavez (1/4 MM), and Joe Smith (2/8 MM) (92.8 MM payroll)
Surplus - 2.2 MM for additional moves in season.
Regarding Nolan Reimold, I still believe he has the ability to be a late bloomer with his plus power, but there are lingering concerns about his health and some inconsistency in performance over his career.  I would be very interested in offering him a Minor League Contract with a Spring Training invite.  If he is not interested, I am not incredibly concerned.  This organization is not lacking in left field talent even though they may not exactly have Reimold's flickering potential.

For this team, there is no reason why the club would even consider using a tenth of their payroll for a closer no matter how elite Johnson might be.  Other teams with larger available money for payroll would likely be interested in Johnson.  Those teams would be likely playoff contenders, so it is unlikely the Orioles would see a meaningful MLB quality player in return.  Instead, they would probably settle for two B level prospects.  Perhaps the Tigers (RHP Jake Thompson and 2B Devon Travis), Reds (OF Jesse Winker and RHP Dan Corcino), or the Rangers (2B Rougned Odor and C Jorge Alfaro -- Odor's inclusion could be incredibly wishful thinking) would be interested in an established closer.  Maybe not.  Regardless, the team needs to find a way to reduce the cost of their bullpen.

Additions would include resigning Nate McLouth as well as signing Eric Chavez and Joe Smith.  McLouth would be good to bring back because he is sufficient in left and has a platoon split in the proper direction for a starting left fielder.  He is however a large probability guy for a complete breakdown in ability due to performance issues last season and age.  Chavez can still hit, but has trouble staying healthy.  If Machado needs to begin the season a month or so late, Chavez could spell third for a few games a week and be a major upgrade over Ryan Flaherty.  He also should be able to stay rather healthy hitting from the DH slot in tandem with Steve Pearce.  Finally, Smith dominates right handers and is above average against lefties.  Used primarily as a setup man, he has the ability to compete for a closer job against Darren O'Day and Tommy Hunter.

Middle (105 MM)
Released - Nolan Reimold (saves 1.2 MM - 88.8 MM payroll)
Traded - Jim Johnson for 2 B level prospects (saves 10 MM - 78.8 MM payroll)
Signed -  Nate McLouth (2/12 MM), Franklin Gutierrez (1/3 MM) Eric Chavez (1/4 MM), Scott Feldman (3/24 MM) and Joe Smith (2/8 MM) (100.8 MM payroll)
Surplus - 1.2 MM for additional moves in season.
Basically, read the three paragraphs in the Low Payroll section to cover most of the moves here.  The two added moves here are OF Franklin Gutierrez and RHP Scott Feldman.

Gutierrez has been hurt by injuries the last three years with some of that related to have Celiac's Disease, a real allergic reaction to gluten.  One of the benefits of playing in Seattle is that the medical center there is a premier center for Celiac's research (or at least it was 10 years ago).  Johns Hopkins, coincidentally, also has an excellent program (or at least they did 10 years ago).  Anyway, that may be something Baltimore has to offer.  That convenience might be useful because Gutierrez might be hoping for a starting position.  Earlier in his career, he profiled as an elite defensive center fielder with an above average bat.  My intention would be to sign him to spell McLouth against southpaws as well as provide an exceptional glove to backup Adam Jones in centerfield.  I think this would be an excellent bet to make.  Perhaps in a reduced role, Gutierrez would be able to stay healthy over a full season.

If Gutierrez is reluctant to sign on as a backup, maybe Rajai Davis or Andres Torres would be willing to be platoon left fielders and backup center fielders.  Rajai Davis spent last year with the Blue Jays and has expressed a strong desire to find a full time starting position for 2014.  Davis is a plus defender and an above average bat against southpaws while being completely hamstrung by right handers.  It is difficult to imagine anyone other than a team like the Marlins or Astros to give him a full time position.  Andres Torres is not quite the defender he used to be, but he is adequate in center and above average in left.  He is a platoon hitter, but not as extreme as Gutierrez or Davis.  He would be my third target for this role.

Scott Feldman is a decent three or four slot pitcher.  His presence enables the team to shift one of the starters down to the bullpen.  The arrangement would find either Bud Norris, the obvious choice, or Miguel Gonzalez, the less considered choice, to be relegated to the pen.  It may surprise you that I would prefer to ship Miguel Gonzalez to the pen as opposed to the infamous platoon splitted Bud Norris.  Why?  With nearly two seasons under his belt, Miguel Gonzalez has shown that he is quite effective against both left handed and right handed batters (718 vs 694 OPS splits), but suffers greatly as he goes through the lineup up two (+.025 OPS) or three (+.181 OPS) times.  I think he could be an excellent closer.  However, if you wish for Smith or O'Day or Hunter to be the closer then Bud Norris would fit well as a third or fourth right hander in the pen.  I would prefer he would not be exposed to lefties in high leverage situations.

High (115 MM)
Released - Nolan Reimold (saves 1.2 MM - 88.8 MM payroll)
Traded - Jim Johnson for 2 B level prospects (saves 10 MM - 78.8 MM payroll)
Signed -  Nate McLouth (2/12 MM), Franklin Gutierrez (1/3 MM), Eric Chavez (1/4 MM), Masahiro Tanaka (5/60 MM and 60 MM posting fee) and Joe Smith (2/8 MM) (114.8 MM payroll)
Surplus - With money allotted for part of the posting fee, minimal additional capital for moves in season.

The difference between the High and Medium scenarios is the selection of Masahiro Tanaka instead of Feldman.  I have written before about Tanaka and how I think he is the only elite pitcher on the market this offseason and one that won't cost a draft pick in compensation.  If Tanaka is considered unattainable (i.e., posting fee escalates over 80 MM or if Tanaka has no interest in coming to Baltimore--based on rumors of the new posting arrangement, the postee will have his choice between three winning bids) then I would suggest that the Orioles seek out Scott Feldman and reclamation project Josh Johnson (2/22 MM).

In the latter situation, Feldman and Johnson in the starting rotation would drop Norris and Gonzalez into the pen.  This would mean that either the team would not seek out Joe Smith or that they could choose to see what they could get for Tommy Hunter in a deal.  I think for a minimal increase in salary that Smith would be a significant upgrade over Hunter.  With that move, the team would have between 3 and 4 MM in surplus to use during the season.

Bonus Round - Extensions

If Matt Wieters and Chris Davis sign extensions, then it is likely that they will take higher pay later in exchange for freeing up money this season.  This might mean an additional 4 or 5 MM in room for payroll.  For the Low payroll team, that could mean resigning Scott Feldman.  That room for the Mid payroll team could result in the squad being able to sign a reclamation project like local boy Gavin Floyd.  Another three or four million on the High payroll team would mean more in-season flexibility in the Tanaka scenario or maybe firming up 2B with Mark Ellis in the Feldman-Johnson situation.

29 October 2013

Making the Orioles a Champion in 2014: Starting Pitchers - Part 2

This post is part of the Making the Orioles a Champion in 2014 Series.  Below you will find links to the other articles.  We will do our best to make sure the links go live with each new update.
C | 1B | 2B (12) | 3B | SS | LF | CF | RFDH | Bench | SP (1, 2) | RHRP | LHRP | Conclusion

Chris Tillman (photo via Keith Allison)
Two weeks ago we took a look at how the 2013 Orioles starting rotation performed.  This week, we’ll take a look at what they can do to improve in 2014.

Returning Starters
While Part 1 seemed rather bleak, it doesn’t necessarily mean 2014 will be more of the same.  Based on their production from last year (which can be viewed here) and each player’s contract status in 2014, it’s a pretty safe bet that these four will have their names penciled into the 2014 starting rotation.  The key will be to get more innings out of this group, limiting the starts made by AAA roster filler.

There is no real ace in this group, and though Tillman is still young enough to substantially improve, many talent evaluators see his ceiling is that of a #2 or #3 starter. What the Orioles have with this group is an extremely cost effective (and cost controlled) group of approximately average starting pitchers, which should provide a lot of value.  As a group, these 4 will likely cost the Orioles around $10 million total in 2014, allowing them to use their resources to improve other areas of the roster.  Additionally, if you include Chen’s club option, each of these pitchers will be under team control through the 2015 season.

So that leaves us with one rotation spot to fill.  Since we already have a group of #3 or #4 starters, we’re ideally looking to fill that last rotation spot with an ace (easier said than done).  Let’s take a look at some options.

Internal Options
With Dylan Bundy recovering from Tommy John surgery, Zach Britton and Kevin Gausman are currently the best internal candidates to fill that 5th spot in the rotation.  However, I don’t think it would be wise for the Orioles to commit a starting rotation spot to either of them, as neither has consistently been productive as a major league starting pitcher, as noted in Part 1.

Depending on how the roster shakes out, these two should be given a chance to compete for that 5th rotation spot in spring training, but they’re likely best suited as starting pitching depth, at least to start the season.  One important thing to consider, Britton is out of options (as Jon noted in the 40 man roster update earlier this month), so once he’s put on the 25-man roster, he won’t be able to be sent back down to the minors without passing through waivers.

Free Agent Options

Top of the Class

Since the 2014 free agent market for starting pitchers is relatively weak, it’s probably best for the Orioles to stay away from any starter that will cost them their 2015 draft pick. This should rule out both Jimenez and Santana, who are expected to both receive and decline qualifying offers from their current teams.  Additionally, both Santana and Jimenez were terrible pitchers as recently as 2012, where they combined for -1.1 fWAR, making them 2 of the 3 least valuable qualified starting pitchers in all of baseball.

Garza and Nolasco are a different story.  Since both were traded mid-season, they’re ineligible to receive a qualifying offer.  The general consensus this offseason is that Garza is the best free agent pitcher available, but it’s not as obvious as you may think.  Can you guess which career line belongs to each pitcher?


Player A is Garza and Player B is Nolasco.  Doesn’t it SEEM like Garza has been better?  Over their careers, they’ve virtually been the same pitcher, with the only difference being that Nolasco is a year older.

Either of these pitchers would likely be the best starter on the staff if the Orioles were to sign one.  However, there is a good chance that both Garza and Nolasco will price themselves out of the Baltimore market as teams look to sign an effective starter without giving up a draft pick.  I would advise against a bidding war for either starter, leaving the Orioles to look at other options.

*Jimenez is not technically a free agent as of this posting, but according to reports, he will decline his player option with the Indians and test the market.

Short-Term Contract Candidates
You could also theoretically include Chris Carpenter, Tim Hudson, and Hiroki Kuroda, but they’re likely returning to their respective teams or retiring.  A.J. Burnett could also be put in this group, though Dave Cameron at Fangraphs expects him toreceive a qualifying offer from the Pirates (and I agree with him), so that rules him out as well.

That doesn’t leave much left here.  In the last 2 years Colon has been the best of this bunch, but he’ll be 41 years old in May, and you never know when his age will finally catch up to him.  Bringing Feldman or Hammel back is an option, but either pitcher gives Baltimore more of what they already have.  Plus, I would expect Feldman to get a Jeremy Guthrie type deal (3 years/$25 million) this offseason from someone, and that “someone” probably shouldn’t be Baltimore.  Having Feldman for a full year would improve the rotation, but I think they can do better.  Arroyo, Chen, Hughes, and Zito are either extreme fly ball pitchers and/or terrible, so…no.  Let’s move on.

Potentially Effective Question Marks
Originally I included “Big Time Timmy Jim” on this list, but the Giants recently re-signed him for 2 years and $35 million (and at that price, they can have him).  So let’s start with Halladay.  Unfortunately, the old Roy Halladay isn’t likely to return and personally, his last two years have been difficult to watch.  He’d be an interesting option on a minor league deal, but I think someone offers him a roster spot with a low base salary and a ton of incentives, provided he wants to continue his career.

Haren is an intriguing option, but there is some uncertainty without much upside.  The speed of his fastball has been declining and it has sat between 88 and 89 mph the last two years.  He’s also become less of a groundball pitcher during that time (ground ball rate of 39.6% and 36% in 2012 and 2013 respectively), making him a bad fit for Camden Yards.  Add that to his age (33 on opening day), and his history of lower back injuries and you’re looking at someone who can probably give you 2.0 fWAR or (slightly) more per 200 innings.  The only problem is he probably won’t pitch 200 innings.

Finally, there is Josh Johnson, who is coming off an injury filled, 81 inning, 6.20 ERA debacle of a season, yet still managed to produce 0.5 fWAR on the limited strength of his peripheral statistics.  Compare his 2013 season to the rest of his career numbers, and you’ll see how out of line it was.


As you can tell, his “luck” stats really stick out, and out of all the available free agent options, Johnson easily has the most upside based on his productive past and his relative youth (he’ll play the entire 2014 season at the age of 30).  Johnson’s fastball velocity has been slightly declining, but his average fastball in 2013 (93.41 mph) was only 0.12 mph slower than 2012, when he was worth 3.5 fWAR.  If Johnson can stay healthy, I think there’s a good chance he’ll be able to return to his previous levels of success…

…but that’s a big if.  The only year he threw over 200 innings was 2009 and his injury page on Baseball Prospectus includes his right elbow (including Tommy John surgery in 2007), forearm, fingers, upper arm, shoulder, back, and left knee.  It took me 10 minutes just to read through it.  Still, the ace potential is there, and it should come at the lowest cost in terms of money and years than anyone else on the market for a pitcher of his caliber.

Trade Options
During the offseason, it will be difficult to find a starting pitcher on the trade market who will be a true difference maker in the 2014 Baltimore rotation.  Most teams view themselves as potential contenders during the offseason, while the teams that don’t would prefer not to have their fans assume that they’re giving up on the 2014 season before it begins.

Having said that, two potential players to target include Trevor Cahill and Rick Porcello.  While neither pitcher would be considered the “ace” that the Orioles need, they are both groundball pitchers (Cahill has a career ground ball rate of 55.3% while Porcello’s is at 52.8%) who would improve the Baltimore rotation at minimal cost, and greatly reduce Baltimore’s issue of allowing home runs.  Both pitchers would be under team control through the 2015 season, as Cahill is guaranteed about $20 million over the next 2 years (with club options for the 2016 and 2017 seasons) and Porcello is entering his second year of arbitration.  Additionally, Baltimore’s outstanding infield defense should increase the value of either pitcher, helping turn all those groundballs into outs.  Neither player should cost a lot in terms of prospects, though I’m not sure if there is a fit with either team.

International Options
I’m not too familiar with starting pitching options on the international market, but a number of news outlets have reported that 24 year old Masahiro Tanaka of the Rakuten Eagles of Japan’s Nippon Professional baseball league will likely be posted by his club this offseason.  I don’t know much about Tanaka, but Jon wrote an excellent piece on him 3 weeks ago here on the Depot.  It has a lot of good information on Tanaka, so I suggest that you read it, if you haven’t already.

Between the posting fee and the contract, acquiring Tanaka could get expensive, especially with the large number of teams that are reported to be involved (Jon suggests the Orioles make an offer of $120 million total).  Signing Tanaka comes with a lot of risk, as Japanese starters have not always made a smooth transition to the states, but Tanaka may be worth the money, as at least one scout has claimed that he’s better than Yu Darvish.  However, due to the financial commitment of the posting fee and the salary, it’s highly unlikely the Orioles become major players for Tanaka.

One Crazy Idea

Empty the farm system for Cliff Lee.  Depending on how much of Lee’s salary the Phillies would agree to pay, it would likely take at least one or more prospects in the Dylan Bundy, Kevin Gausman, Jonathan Schoop, Eduardo Rodriguez, and Mike Wright group to convince the Phillies to let Lee go.  While that’s a hefty price, Lee is one of the most consistently productive starting pitchers in all of baseball, averaging almost 6.2 fWAR per season over the last 6 years.  Including his buyout, Lee is guaranteed $62.5 million over the next 2 seasons (his vesting option for 2016 is worth $27.5 million).  There would be some risk considering his age, but with no signs of slowing down and only 2 years left on his contract, the risk would be somewhat minimized.

As mentioned previously, trading for an impact starting pitcher in the offseason presents a considerable challenge.  So even if the Orioles would target Lee, the Phillies probably wouldn’t want to trade him.  It would be a better bet to revisit this proposition in July, when both teams have a better idea of where they stand in the playoff race.

Conclusion

Heading into 2014, there is no doubt that the Orioles need to improve one of the 2013’s worst starting rotations.  We’ve looked at a number of available options above, and since Baltimore is only on the hook for roughly $10 million total for their 4 returning starters, they would ideally spend some money to fill the last spot in the rotation.

Assuming that he doesn’t receive a qualifying offer, the Orioles should aggressively target Josh Johnson to fill the final rotation spot.  Due to his poor showing in 2013, Johnson should be available on a 1 year deal, likely for anywhere in between $5 and $10 million, which is an amount the Orioles should be able to handle.  While it’s a risk due to Johnson’s lengthy list of injuries, there is no such thing as a bad 1 year deal, especially when it comes to adding a potential #1 starter to your rotation.

Baltimore’s minor league system contains several high upside pitching prospects, that for reasons of age, inexperience, or injury aren’t quite ready to contribute to the major league team.  Signing Josh Johnson would allow the team to add an impact starter to their rotation for a run at the World Series in 2014, without the long-term payroll or roster commitments, allowing their young pitchers additional time to progress into productive major leaguers.  A healthy Josh Johnson will strike out hitters more than 20% of the time and induce more ground balls than the average pitcher, two excellent traits for someone who will be pitching half of his games at Camden Yards.

Of course, should the Orioles follow my advice, they need to make sure they take a REALLY good look at the results of his physical exam before signing that dotted line…