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2012 Season in Review: Toronto Blue Jays

73-89, 4th in the AL East

The Blue Jays didn’t have a great season in 2012, but man have they had a great offseason in 2012. Only 73 wins during the season isn’t enough to be good, but taking everyone from the Marlins and R.A. Dickey from the Mets is enough for a winning offseason.

The 2012 version was led by Edwin Encarnacion (4.4) and backed up by Jose Bautista (3.2 WAR in 92 games) and Brett Lawrie (2.9). No other position player topped the 2.0 starter threshold. But the cavalry is coming.

On the pitching side, it was worse. Only Brandon Morrow’s 2.4 WAR in 21 starts was anything worth mentioning. No other starter had a 1.0 WAR. That’s really bad.

But like I said, the important part of the Blue Jays’ 2012 was the part after the season was over. Here is an incomplete list of players who are now Blue Jays that were not Blue Jays during 2012: Dickey, Mark Buehrle, Jose Reyes, Josh Johnson, Emilio Bonifacio, and Melky Cabrera.

That’s a big improvement on the previous version of the Jays. Even if those guys don’t perform at their peak potential, that’s at least ten wins in the standings, but it’s probably closer to fifteen.

With the Sox in rebuilding mode and the Yankees working to reduce payroll, this was a great shot for the Jays to join the Rays and the Orioles as the AL East party crashers.

So they’ll be a lot better in 2013, especially if you factor in a healthy Bautista, but I’m not buying them as favorites. Just like the Dodgers, they’re much better, but they aren’t a lock at all. I think the pitching staff will be a lot better, but I think the offense won’t be as great as a lot of analysts think.

But that’s just my gut feeling. On paper, they look like a real contender. For me, they’re still the third best team in that division and not that much better than the Sox and O’s.

2012 Grade: D

Early 2013 Projection: 86-76

Helping Michael Bourn Find Work

Michael Bourn is still unemployed. He was one of the best players available on the free agent market this year and was one of baseball’s most valuable players in 2012, but he does not have a team lined up for 2013.

Before going any further we can assume that the reason for this is that Bourn wants more money than any team is willing to offer right now and believes that some team will meet his price before the season begins. At some point, a team will either match his price or he will decide to lower his price, which a team will then decide to meet.

That’s a pretty straightforward understanding of how negotiations work. One side or both sides are currently unrealistic about the expectations of the other side. This will change eventually and Bourn will sign, the questions is, with who?

What teams are most likely to pay the most for Bourn?

Bourn is no slouch. He is entering his age 30 season and has posted 4.0 WAR or better in four straight seasons with a 6.4 coming in 2012. He’s an elite defender (career UZR/150 of 11.5 and a UZR of 22.4 in 2012) and baserunner (5 straight years of 40 or more SB) and gets on base at at .340 clip or better.

In terms of straight value, you’re looking at a player who was work between $20 and $30 million last season and figures to be worth at least $15 million or more over each year of a 3 or 4 year deal if he stays healthy. And there is no reason to think he won’t stay healthy.

Throw all of that in a blender with current team rosters and what do you get? A list of teams that might sign Bourn.

Royals (5%):

The Royals probably don’t have the money to swing Bourn, but man do they need him. With two outfield spots filled by Cain and Francoeur, there is a lot of room for improvement. Bourn over Francoeur in 2012 would be worth something like seven wins in the standings. Even if you expect Frenchie to regress upward in 2013, there’s a lot of room to improve on a team that seems like they are committing to going for it over the next two seasons.

Reds (5%):

This only makes sense if the Reds are willing to make Ludwick the highest paid fourth outfielder in baseball. With Choo and Bruce locked into the outfield, this is a long shot but the Reds would benefit greatly from upgrading on defense and at the top of the lineup.

Braves (10%):

The Braves could resign Bourn even after adding Upton. If BJ will move to left to accommodate Bourn, the Braves could put Prado at third and have one of the better lineups in the NL. It might be hard to make that work financially given what some other teams might be willing to offer, but it’s worth exploring for both sides.

Blue Jays (10%):

The Jays are going for it in 2013. That much is clear. They’ve taken on a good amount of payroll through trades over the last couple months, but their outfield is a bit thin. Colby Rasmus is slated to be the everyday centerfielder and he isn’t exactly a picture of consistency. Additionally, Jose Bautista is coming off a wrist injury and Melky Cabrera is plagued by questions of his true ability following a steroid suspension. If the Jays can afford Bourn, he would be a good fit. They probably don’t want to make a four year offer, but if he decides to take a pillow contract, a one year, $18-20 million deal from Toronto might make sense.

Rangers (15%):

The Rangers can and should probably get by with a Martin and Gentry platoon in centerfield, but Bourn would be a nice addition to offset the loss of Josh Hamilton. However, the lineup is already crowded with Andrus, Profar, Olt, and Kinsler, so the Rangers are probably best left to keep their outfield unblocked.

Mets (25%):

The Mets are good fit for Bourn. They need outfield help, presumably have some money to work with and are not that far off from contention. Their rotation has the potential to be great in the coming few seasons and they have a number of players on the roster who could work as compliments to a contending club. They need a couple more core pieces, and a great defensive centerfielder and speed demon would be perfect for them.

White Sox (30%):

The White Sox make a ton of sense for Bourn. De Aza, Viciedo, Rios are capable outfielders on an average team, but they aren’t a group that you imagine would get you to a world series. If Bourn was on the team instead of Viciedo in 2012, they might have beaten out the Tigers for the AL Central. Additionally, Konerko is in the last year of his deal and Dunn has one more after that. A backloaded deal could easily work to make Bourn a piece of the Sox franchise for years to come.

 

Catching Up on All the Moves in Baseball

Last weekend, I had the nerve to go on my honeymoon and missed writing about a lot of baseball trades and signings. To atone for such indiscretions, here’s a post about everything I missed while I was following my wife around the Wizarding World of Harry Potter.

Blue Jays acquire R.A. Dickey from the Mets, Sign Him to an Extension

This deal also included Josh Thole and Mike Nickeas in exchange for John Buck, Travis d’Arnaud, Noah Syndergaard, and Wuilmer Becerra. The Dickey extension is for two additional seasons and $25 million with a club option for 2016.

This is a very solid deal for the Mets in my book as they deal one year of Dickey plus two less than glamorous pieces for some prospects with really high upsides. d’Arnaud isn’t a sure thing, but he’s a top 10 prospect in baseball who can provide legitimate offense from behind the plate, and the other prospects are also potential contributors in the future. I’m not going to break down each of these guys at length, but the value is good for the Mets.

The Jays gave up a lot, but they also got a lot in return. Thole and Nickeas will be useful, but Dickey could be a difference maker. Over the last three seasons he’s been a great starter and capped it off with a Cy Young this season. He’s old and a knuckleballer, but he’s very effective. He’ll make just $5 million in 2013, so he’s a steal. If he maintains similar levels over the course of the extension, the $12 million per season price tag is a steal. If you buy him as someone who can maintain this level of performance, his 4+ WAR levels are worth about twice what he’ll make over the course of this deal.

The Blue Jays paid a premium for his services via trade, but they are right on the cusp of contention. With the addition of Melky Cabrera, Maizer Iztruis, and most of the Miami Marlins, the Blue Jays are easily within a couple wins of a division title and Dickey could make that difference. We’re not great at predicting baseball down to the precise win totals of a team, but we do have a good idea of about where the Blue Jays will fall in 2013 and we think that will be near a spot in the standings where a couple wins could make a big difference.

Grade (Mets): B+, Grade (Jays): B+

Astros Sign Carlos Pena, 1 year, $2.9 million plus incentives

Pena hits for a low average. He walks and hits homeruns. He’s solid on defense at first. While that makes him a below average player, it makes him like the second best Astro. Houston moves to the AL this season so Pena will largely play the role of DH at Minute Maid Park and should see some time at first.

In context this is a great move, even if it isn’t much of anything on a large scale. Pena should provide some offense for a bad team and they’ll get that offense at likely below market value because he has such a low batting average. Any true contender would have trouble selling a .190 hitter to their fan base, but the Astros don’t have that problem. This should pay off, even if it’s the difference between 67 wins and 69.

Grade: B

Cubs Sign Edwin Jackson, 4 years, $52 million

Edwin Jackson is 29 years old. He has made 31 or more starts in seven straight seasons. In the last six seasons, he’s thrown 183 innings or more each year with an ERA at 4.42 or below. Decent strikeout numbers, a few too many walks.

He’s not great, but he’s been close to a 4 WAR pitcher three of the last four seasons and close to a 3 WAR pitcher in the other. He’s pretty good. If you want him to be your ace, that’s a problem. But he’s better than average. If we figure over the next four seasons that he’ll be somewhere between 2 and 4 WAR, we’d offer him $10-$25 million per season depending on inflationary projections.

Obviously the $25 million is at the very high end and you don’t offer contracts with inflation built in. The Cubs have him for $13 million a year. At that rate, he needs to be worth 2 to 3 wins if there is no inflation (and there will be). He’s hasn’t been worth less than 2 WAR since 2008.

This is a good deal for the Cubs because most people seem to undervalue Jackson because he performs worse than we think he should given the quality of his raw stuff. He feels like he should be a #2, but he’s really been more of a #3 type guy and his ERA tends to look a little bloated at times. If you check the FIP, he looks better.

If he’s the same guy over the next four seasons minus a little aging as he has been for the last four, this deal will work out for the Cubs.

Grade: B

Rangers Sign A.J. Pierzynski, 1 year, $7.5 million

The Rangers lost out on Greinke, Hamilton, Upton, and pretty much everyone else they’ve wanted in the last twelve months. But gosh darn it, they got A.J.

Former White Sox, jerkish personality aside, this should be a good fit for the Rangers. He’s a durable lefthanded hitting catcher who hits for power. That’s not an easy thing to find. He doesn’t walk, but he rarely strikesout. The defense is suspect at times, but he’s usually commended for his ability to lead staffs.

He’s going to be somewhere between 1 and 3 WAR, just like he has been his whole career, in 2013. If he hits for a lot of power, look toward the high end. If he doesn’t, expect the low end. He’s durable and respectable at the plate. For $7.5 million, you’re only asking him to  be better than 1 WAR for it to payoff and he should be able to handle that.

Grade: B+

Brief Thoughts on Minor Moves

Phillies sign Mike Adams: Too long for a reliever, but should help.

Red Sox sign Stephen Drew: One year deals are low risk. Should be a good stop gap with some upside and they have the money to spend.

Rays sign the pitcher formerly known as Fausto Carmona: No bad one year deals and the Rays are good at turning these guys into valuable pieces. Can’t hate it.

Marlins sign Placido Polanco: Past his prime and injury prone. In his heyday, he was a master. Now, he might be more of a bench player than a starter. But the Marlins are terrible, so it’s a decent move.

Pirates sign Francisco Liriano: At 2 years and $14 million, there is some risk he’s terrible and they’re out a non-trivial amount of money. But the Pirates need to thicken up their rotation and he could be useful in the pen if it comes to that. I wouldn’t love this deal, but the dollar value is low enough that it could really be a steal if he finds his form for just one of the seasons.

That should get you caught up on the happenings around the league and I have no plans to walk around theme parks for quite some time. We’re less than two months from pitchers and catchers and we’ll have coverage of everything that happens.

Blue Jays Take a Smart Risk, Sign Melky Cabrera

For most of the day I stewed over Mitch Albom’s silly defense of Cabrera as MVP and wanted to write about how ridiculous it was, but then lots of other smart people rushed in to fill that void. I decided to let it go and get back to legitimate baseball discussion, and once again, the Toronto Blue Jays are driving the day’s story.

News broke this afternoon that the Jays and GM Alex Anthopolous had inked Melky Cabrera to a 2 year, $16 million deal. To be clear, this is the switch hitting steroid suspended OF, not the other M. Cabrera that is getting all the attention today.

To me, this is a great sign by one of the game’s better front offices. They bought low on an undervalued player.

But the Melky saga is quite complex. He’s had three bad seasons, two solid seasons, and two great seasons. The two great seasons have been the last two, but the most recent one ended with a 50 game suspension for testing positive for steroids (which he admitted to).

How should we value a player like this? What is he worth and what is the risk?

First, it should be noted that he’s only 28, which means his two great seasons came between ages 26-28, which is exactly when you would expect a player to peak. In other words, there is a very logical explanation for his breakout other than steroids.

We also can’t assume he was using prior to this season, because we would expect that he would have taken 1-3 tests during 2011 as well. None of this is perfectly certain, but it is fair to say that Melky is probably better than the very bad seasons and not quite as good as the very good seasons.

It’s very possible that steroids aided his improvement, but there is still a lot of scientific debate about how steroids help baseball players. Some say power, some say endurance, some say there is no real effect.

So assuming he doesn’t get suspended again and is on the field for the next two years, let’s evaluate this for the Jays.

The Free Agent market is set somewhere around 1.0 WAR per $5-6 million. This is an average, but over two seasons, for Melky to earn $16 million he needs to be worth somewhere between 3.0 and 4.0 WAR in my book if we want to account for a range given imperfect modeling.

Over the last two seasons, 34 MLB hitters fell between 3.0 and 4.0 WAR regardless of how many plate appearance they had. In other words, these are the hitters who ended up being worth about what Melky is going to make regardless of how they were used.

I averaged their production and then divided it into two seasons to get an idea of what Melky needs to look like in order to be worth this deal. I should note this is all hitters, not just OF and there is plenty of variation.

Per Season Stat Line:

113 G, 436 PA, 101 H, 11 HR, 49 R, 46 RBI, 8 SB

.260/.329/.414

8% BB, 19% K

(League average defense and baserunning)

That looks extremely doable for Melky in the next two seasons. He needs to hit .260, walk at a league average rate and hit 11 HR per season to earn this contract. He doesn’t need to be the player he was last year, he needs to be respectable.

To give you a sense of this, let’s consider the players in 2012 who hit between .250 and .270 and slugged between .400 and .420.

A.J. Ellis, Coco Crisp, David DeJesus, and Delmon Young. Those players aren’t good defense comparisons to the player Melky needs to be, but he can certainly hit like those guys and be average in the other aspects of baseball if he stays reasonably healthy.

The Blue Jays were willing to bet on Melky not using PEDs again and certainly willing to pay $8 million a season for a player who could easily be worth close to $12 or $15 million if he’s really who he’s been the last two seasons.

This is a solid deal for the Blue Jays and good chance for Melky to repair his image and still have some good years left when he’s ready to hit the market again after the 2014 season.

Blue Jays Trade for Entire Marlins Roster, Avoid Centerfield Statue

Tonight the Marlins agreed in principle to a deal that would send Mark Buehrle, Josh Johnson, Jose Reyes, Emilio Bonifacio, and John Buck to the Blue Jays for Yunel Escobar and a handful of solid prospects.

This deal was a massive salary dump. They traded their #1 and #2 starters, their shortstop, a solid utility player and one of their catchers for a haul of prospects that does not measure up to the package they sent.

They dumped everyone on their roster that had any kind of salary this year. They did so long before those contracts were up. They did so after one year at a $400 million stadium they begged the city of Miami to build.

This is a farce. The ownership of the Marlins went on and on about how they were changing baseball in Miami and this looked like a franchise ready to break out. Fooled us.

Four bad months of baseball and it was “Sell, sell, sell” in South Beach. What a sham.

Giancarlo Stanton and Ricky Nolasco voiced their displeasure on Twitter tonight. Fans were livid. The owners blew up the Marlins one year into a massive overhaul of the franchise. I can’t imagine anyone going to a game in Miami this year unless you’re a fan of the visiting team.

There ought to be a coup in Miami. This is a joke.

Now if you’re a Blue Jays fan, I’m very happy for you. You just went from solid team in a tough division to contender in a tough division. You upgraded your rotation in a big way. You dramatically improved at short. You’ve added depth.  You hardly lost anything you can’t replace.

This is a good day for baseball in Canada and a sad one in Miami. As far as I’m concerned, we’ve lost a generation of young fans in Florida because we’ve allowed crooks to run the Marlins while a gem of an organization in Tampa Bay can’t get a decent stadium despite a phenomenally interesting and successful club.

My heart goes out to anyone who bought a jersey in Miami without the name “Stanton” on it, and even those of you who did, because he’ll be gone soon too. What a sad moment for baseball.

But I rejoice for Blue Jays fans and am excited to see them contend with an Orioles team on the rise and perennially good clubs like New York, Boston, and Tampa Bay.

Tonight the Blue Jays traded for the entire Marlins roster and were smart enough not to ask for the homerun sculpture. The Marlins traded away their entire roster for way less than market value and couldn’t even dump that centerfield monstrosity. That tells you about everything you need to know.