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Monday, March 25, 2019
Left-hander Chris Sale has signed a five-year contract extension with the Boston Red Sox, team president Dave Dombrowski announced Saturday.
The five-year deal is worth $145 million, league sources told ESPN’s Jeff Passan, and includes an opt-out after three years, a vesting sixth-year option based on stats worth at least $20 million and a no-trade clause beginning in the middle of the 2020 season.
The deal adds to Sale’s current contract (one year remaining) and will go through the 2024 season, with Sale making $30 million annually in the first three seasons and $27.5 million annually in the final two, league sources told Passan.
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1. The Anthony Kennedy of BBTF (Scott) Posted: March 25, 2019 at 10:43 AM (#5825054)Also sets the market for Jacob DeGrom, which should make the Mets happy. DeGrom at 5/130ish would seem reasonable given this deal.
Why would deGrom get less than Sale? Age means very little for pitchers (it's less than one year anyway), and Sale has a lot more mileage on his arm, and more recent injury concerns.
Because Sale is better?
Puig
Goldschmidt
Ozuna
Bumgarner
Harvey
Didi
No franchise players though.
Because Sale is better?
Is he? Zips and Steamer both project them as nearly identical in value.
Sale has been better, for his career, but deGrom has thrown 600 fewer IP, and has been healthier lately.
Also, Sale was only 1 year away from FA, while deGrom is 2 years away.
No, I think it's two different health issues. 1) deGrom is likely to throw more innings in a season when both are healthy, and 2) Sale is more likely to suffer a catastrophic injury.
Also, Sale was only 1 year away from FA, while deGrom is 2 years away.
That's a fair point, though I'm not sure how much that has mattered in the AAV of recent extensions.
My overly simplistic answer is that good starting pitching is a. ####### expensive and b. seemingly no one is reaching free agency anymore. If there's trust and a relationship and they can get him at their number, it makes a lot of sense to do it.
Why? Last year, Sale lost about 5 starts to injury, but in the previous 3 years he threw 214, 226, and 208. deGrom has reached 30 starts three times in his career, and has thrown 217, 201, and 191.
The Mets should give him the identical deal and, hopefully, be done with it.
Yeah, I get that. I've just watched too many skinny, hard-throwing mutants pitch at an all-world level until they couldn't for me to feel comfortable about pushing that many chips on Sale when I know I have all these other markers coming due (pardon my mixed gambling metaphors). Verlander was nearly as productive as Sale last year and signed for about 3/4s the money -- yes, I know he's quite a bit older, but still... If you end up having to give Sale an extra $3 million a year for waiting to see if he's still got it, is that so terrible?
Maybe? The Sox seem to value the cost certainty here. If they don't sign Sale then they are hunting for pitching which means they are going to have to find a way to get a deGrom or trade for Greinke or whatever might be available down the road. Sale is a known commodity to the organization. With the decisions they have to make in the next 24 months the certainty has value. The fact is the Sox have the basis of a rotation for the next few years; Sale, Price, EdRod and Eovaldi are all signed for the next three years minimum. Injuries etc...but that's a pretty solid set up right there. Now the Sox can set to making decisions on Mookie, X and JDM.
I should have thought of this similar before (he's even #1 at b-r for age 27 and current #5) but JDM is shockingly similar to George Foster. Both couldn't establish themselves until age 26 (Foster for rather different reasons) but from 26-30:
GF 302/369/560, 153 OPS+, 174 HR, 29 WAR, 20 WAA
JDM 307/371/586, 155 OPS+, 171 HR, 22 WAR, 12 WAA
The WAR/WAA difference is entirely 73 runs of Rfield in Foster's favor. Foster had a weird career after that -- 4 WAR player for ages 31-32, replacement level for 33-34, average for 35-36 ... added up to 12 WAR, 0 WAA.
EDIT - 5 years, $137.5, says @JeffPassan.
1) What do you think the "finished product" of Bogaerts is? How much do you think his 2018 season is a pretty good representation of what he'll be like for the next, say, 3-5 years?
2) What past shortstop do you think he is most like? I've thought that his career arch, if things went well, could be Robin Yount. Like Yount, he came up to the bigs at a young age. It took Yount a long time to get to the next level - the Brewers were extremely patient, as his first six years as a regular were fine - not much power, OPS+ a little below 100 most years. Yount was so young, though, that it took a long time to develop power. Age 26 (the age Bogaerts will be in 2019) was his big MVP year in 1982. If Bogaerts gets a little better in 2019 than he was in 2018, he'll be an MVP candidate (he finished 13th in the balloting in 2018).
3) How much would you pay him? Would you do a 5/$110 extension?
Xander Bogaerts:
This is the toughest decision for me. He's been a consistent 3-4 WAR player over the last 4 years, and is only 26 entering this year. It's hard to find a comparable player who's gotten a free agent deal or long extension, since guys like Correa and Lindor are just now arb eligible.
The two guys who have reached free agency and have been as good or better than Bogaerts since 2014 are Brandon Crawford and Andrelton Simmons, who are significantly better defenders than Bogaerts but also significantly inferior hitters. They signed extensions of 6/75m buying out 2 years of arbitration and 7/58m buying out a year of pre-arb and all arb years respectively.
Then there's Jean Segura, who is more similar to Bogaerts offensively but still wasn't as good as Bogaerts is now (96 OPS+ with a career high of 122 when he signed his extension, compared to 106 OPS+ with a career high of 133) and who was also a year older. Segura signed for 5/70 w/ a club option to make it 6/87 and bought out 1 arb year.
So Bogaerts is going to be looking for more money than any of these guys unless he has a catastrophic season, since he's younger and every year is a FA year. And my general philosophy is that I don't want to give opt-outs due to the amount of downside risk it puts on the club, so that will also increase the total price. And he's a Boras client.
Given his age, the fact that he's been a part of two world series teams, and that he's been with the Sox org since he was 17, I'm fine with the fact that we're going to have to pay him, though. Something like 7/140m seems reasonable, for his age 27-34 seasons. I'd probably be willing to go up from that to an AAV in the ~25m/year range and/or 8 or 9 years, because the Sox have a ton of money and I think the hitting improvement last year is for real and so he'll hit enough to be able to move off SS when his merely average defense degrades as he ages into his middish-30s. So really, it could be anything from 140m to 200m.
So would I. It's more that X is FA after this year and unless there are promising negotiations going on as we speak, then he's going FA and there's never any guarantee you can re-sign him. So at this point, I don't think that can affect any decision on JDM. (And technically I'd put a buyout of Benintendi ahead of JDM but that's probably a small enough deal over the next few years that it doesn't really matter either.)
JDM and the Sox just negotiated a year ago, and are a year away from a potential opt out. It would be unusual, if not unprecedented, timing to renegotiate right now.
Seems perfectly normal/natural to me, especially with the opt-out. The main sticking point in the negotiations was basically "we're worried you're not really worth 5/$125 so we'll only guarantee X" vs. "what more do I have to do to prove I'm worth 5/$125? I'm only accepting X with an opt-out." Well, once again, what were the Sox looking for to convince themselves he's worth the commitment? But yes, it seems they'd rather take their chances next year.
And if you want to keep the player, it's way better to be negotiating against yourself than against a wider field -- as they will soon be reminded by Bogaerts.
It's not a direct comparison but teams were briefly quite fond of the "double dip" extension. Braun and the Brewers are an obvious example -- they signed him to an 8-year buyout in 2008 then in 2011 extended that another 5 years. (We didn't have opt-outs yet.) And we've just seen teams "move early" on Sale, Verlander, deGrom, Trout, etc.
On deGrom ... it appears to be a 4/$120 extenstion with an option for a 5th year at about $30. Given the first of those years is still an arb year, this is essentially a higher AAV than Sale but a year shorter ... but signs them through the same age.
FWIW, TZ and UZR both liked him a lot better last season than DRS did. Xander has never been a plus fielder at SS, but until I see more than a one year outlier, I wouldn't panic about it.
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