Reddick / Bailey Trade: Rapid Reaction
This looks like a trade where both players involved may be significantly worse than they’re perceived. Josh Reddick was a useful regular last year, but his overall track record remains terrible, and ZiPS projects him as basically a replacement level RF with an 85 OPS+. Andrew Bailey is a fabulous pitcher when healthy (career 2.07 ERA and 2.74 FIP), but he’s pitched a full season of major league ball only once in three tries. Any projection that incorporates past playing time is going to see Bailey as maybe a 1-1.5 WAR pitcher, not a star.
I was a big fan of Reddick’s last year – I loved his glove and arm in right, the huge power potential in his bat, and having a potential star with five seasons of team control remaining. I have to face the fact that Reddick still doesn’t project as a good, or even useful player, and it may be the case that he still isn’t a good or useful player. Considering Reddick purely from a numbers standpoint, he’s not a terribly valuable piece. At the same time, considering Bailey purely from a numbers standpoint, he isn’t either.
The minor leaguers involved are a pair of lottery tickets – Miles Head looks like most likely organizational filler, but Raul Alcantara was an upside arm (still is, I guess) who appeared to be learning to pitch last year. He’s the sort of guy I’d rather not have given up, though again, projectible arms in short-season A-ball don’t have a ton of value compared to major league contributors.
They’re clearly committed to converting at least one of Bard and Aceves. They’ve saved money on relievers by spending talent instead – Bailey and Melancon should cost less than $4M combined. This leaves the Sox with something like $5-8M remaining under the salary cap. They have enough to acquire one more cromulent SP, and leave Bard and Aceves to fight for the #5 slot in the rotation. That would just about do it for the offseason – an RHB 4th OF and some back-end filler for the pitching staff and they’re done.
My main reaction to this trade is to say that it’s clear now that the Red Sox have been executing a plan from day one. They considered the free agent market, the luxury tax threshold, the club’s young talent, and opted for an unexpected, risky, high-upside offseason strategy. They decided to convert their best relievers into starting pitchers and to trade young near-regulars for young, underpriced relievers to replace them. The front office part of the plan is now almost done. Its success rests mostly, from this point forward, on Valentine and McClure to get the most out of Bard and Aceves. Hope it works.
Matt Clement of Alexandria
Posted: December 29, 2011 at 01:58 AM |
27 comment(s)
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1. Matt Clement of Alexandria Posted: December 29, 2011 at 02:23 AM (#4024777)It still all depends on Reddick's skill development and Bailey's health and the capacity of Bard to be a good starter. As I said, this was a risky, unconventional plan.
I'm not worried about Baileys talent, he'll pitch well, it's just a matter of how much.
I think swapping Reddick for Sweeney means the righty OF needs to be more than just the short end of a platoon -- Andruw Jones would be perfect.
Good start by Cherington, now he just needs to turn some of the third base depth (Middlebrooks, Bogaerts, Cecchini, Vitek) into a pony. Could Boston handle Hanley being Hanley?
This probably makes it less likely that the Sox will be players for the 1/10 guys like Kuroda and Oswalt. I still think they need another starter, but it will probably be a bit more a bargain contract guy.
Jose - I can't find the rules summarized anywhere and I don't feel like reading the CBA, but my understanding is that avoiding the tax in year n cuts your tax rate in year n+1 in some form. I don't think, though, that that's what's going on here. The Sox never go over the tax much - their $3.4M bill last year was the highest in club history, so even if they reduced the rate by half they'd save less than $2M. Further, the Sox are really unlikely to get under the tax this year. I think the issue is simply the payment of the tax, that adding 30% on to the expected salary of an above average starter embiggens the cost beyond the value they'd get out of it.
Well what the hell am I paying you for? Oh wait, I don't pay you. Carry on.
If you're right, that seems a bit shortsighted. It's easy for me to say but if I'm the Sox I think a guy like Oswalt increases my playoff likelihood by enough to generate that additional $3-5 million in revenues.
According to the expiring CBA, simply going under the tax threshold in one year (after being over the prior year) only drops you down one bracket if you were in the 40% bracket the prior year. Teams above the 22.5% rate can't get back down to 22.5% until they've avoided the tax for two consecutive years.
Of course, if you're under the threshold you're paying no tax, in which case the tax rate for that year is moot.
Carl Crawford is a walking, breathing version of "No Taxation Without Representation!"
Sorry - it's been about a month since I've written a line about my disdain for Carl Crawford.
Is there anything this medical staff can't completely f**k up? Kalish had that injury in April! Cheese and rice...
EDIT: I submitted a link for this story to the Newsblog.
...plus this opens the door for a Youkilis/Buccholz/Kalish for Justin Upton trade...
Also, Kalish is having surgery on the labrum of his throwing shoulder. Whether he's a right fielder at all when he returns is probably up in the air.
What if this is part of a plan to make Carl Crawford play right? Whatever they do with CC, this makes the Reddick trade a little more ballsy, but also (I hope) means that they have a plan in place for what to do without Kalish. In the case that Sweeney is the man and the plan, Sheehan likes him as a defender and his ZiPS offensive and defensive projections are higher than Kalish (98 OPS+ to 91 OPS+, and VG for Sweeney, Average for Kalish). Right now Sweeney looks like a good upgrade in right over the once heretofore assumed #1 option (Kalish).
it appears the Red Sox will likely pass on the huge dollars it may take to sign Cespedes and bid for (Jorge) Soler instead, according to a major league source.
Soler, 19, is a 6-3 slender right-handed hitting centerfielder, who needs more seasoning
Long story short it doesn't sound the like the Sox are too keen on Cespedes.
For some reason I feel like counting on Bobby Jenks may be unwise.
I don't think the signings of Cook and Silva should necessarily be taken as evidence that there won't be a better pitcher acquired. These are moves designed more, I think, to take advantage of a minor opportunity and to guard against another disaster like September '11.
I'm taking them as small pieces of evidence. That, coupled with the steady stream of rumors saying the Red Sox aren't planning on spending much more money, leads me to believe that while they may still acquire a better pitcher, that it's probably not going to be somebody much better than these dudes. It currently looks like we're headed for someone as inspiring as a Jeff Francis or a Livan Hernandez. I wouldn't be surprised to see Bruce Chen taking the mound for the Red Sox next year. Webb or Sheets seem like they'd be the typical injured/high risk/high upside type guys Theo would sign, but I have no idea what kind of contract demands they'd have, or whether would even be worth it. Like you say, there isn't a ton of depth in AAA.
There are enough guys of reasonable ability still out there (Kuroda, Saunders, Oswalt, Jackson) that I think the Sox have a pretty good shot of landing on a reasonable deal. I wouldn't be surprised if one of the factors at work is the uncertainty of Ortiz. I think if the Sox could get him to agree to a 2/24 type deal rather than risking an arb award of 16-17 million they would view the AAV gain of $5 million as money to be spent on one of those guys.
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