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What do you do if you’re a MLB general manager who wants
to get a high priced free agent but your organization doesn’t have the
financial resources to be a player in the big name free agent market? You wait a couple of years and buy low on a
formerly high priced free agent. After a
couple of years many times teams are desperate to unload some of their pricey acquisitions
to the point of paying part of their contract to get rid of them. Some of those players could be bargains
compared to the current crop of free agents.
It’s like buying a car. When you
drive a new car off the lot, it immediately depreciates. That’s generally true of high priced free
agents. If you don’t have unlimited
resources you buy a good used car, or free agent, and let somebody else pay for
the depreciation.
I'll take Zack Greinke for $20 million, Alex
A prime example of this is Diamondbacks starting pitcher,
Zack Greinke. Greinke is still an
effective pitcher, though he is losing gas when it comes to velocity. Zack has three years left on his current
contract at $34.5 million a year. Zack
is good, but not that good. The Dbacks
may be willing to take on part of his salary to move him. Three years of Greinke at $20 million may be
worth the risk.
Here's why
Last year Greinke went 15-11with an ERA of 3.21. His peripherals were solid. His FIP was 3.70 and he struck out 8.6
hitters per 9 innings. In addition, Zack
won another gold glove and is a lifetime .220 hitter to boot. It might pay for an NL contender to kick the
tires on Greinke.
Well, he's was better than Chatwood
Last year the idea of Alex Cobb coming to the Cubs was in
vogue. He wound up in Baltimore. There he went 5-15 with an ERA of 4.90 for
the Orioles. There are some encouraging things
about Cobb to be seen if you squint real hard.
He worked 152.1 innings and now has only two years left on a contract
that that pays $14 million a year.. I
suspect getting out of Baltimore would in itself be a huge boost to Cobb. I would think he could be had for some mid
level prospects.
Then there's the three free agent outfielders
Former high priced free agent hitters can also now be
found in a bargain bin. The Cubs would
no doubt love to move Jason Heyward. Not
only is he not hit since signing with the Cubs but his defense is
slipping. Ouch.
The troubles Heyward has experienced with the Cubs may
have made the Cardinals gleeful. That
joy has no doubt been somewhat mitigated by Dexter Fowler’s woes after signing
with the Cardinals. No doubt both the
Cubs and Cardinals would eat salary to move Heyward and Fowler respectively.
Another formerly perceived free agent plum was Royals
outfielder, Alex Gordon. Gordon’s bat is
pretty much at Jason Heyward’s level. He’s
defense is still good, though not what it was at its peak. Because of Gordon’s history with the team and
the fact his contract has a buyout after the 2019 makes it somewhat likely he’ll
remain a Royal.
Something else to watch
So, if you’re a MLB GM on a budget check the free agent secondary
market. At least you can limit your
losses.
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