Grabow Deal Near Completion
Bruce Levine is reporting that a deal with John Grabow should be completed today for two years and nearly 7.5 million. I had expressed my indifference in the past over resigning Grabow. Oh sure, his ERA has been pretty good the last two years, but with a BB/9 rate near 5 last year and 4.15 for his career, I don't think anyone would really miss him if he got away. I was asked in the comments yesterday how I'd handle this situation and here was my response.
I offer Grabow arbitration and wait to see if he takes it...chances are
he will because a team doesn't want to give up a draft pick for a
set-up man(ed. note - Grabow is classified as a Type A free agent). That'll cost the Cubs probably an extra $1M this year, but
if Ricketts is serious about propping the farm system, he'll roll the
dice(ed. note - when I say Ricketts, I mean they'll offer to cover Hendry's budget if Grabow wins a big arbitration case). Maybe the Cubs get lucky and a team with a protected pick signs
him or one that signed a few other FA's and the Cubs score some extra
draft picks. If he does sign with another team, I wait until February
when inevitably some lefties will still be around and sign one or two
on the cheap. I imagine you can find a few on the trade market for Jake
Fox who will likely be traded, since he's out of options and in Lou's
In general, I could care less if the Cubs have even one lefty in
their pen. It's a stupid unnecessary crutch for a manager so he can
make safe moves that the media won't blast him on. The Angels did
plenty good for awhile with their pen with no lefties (before Oliver
and Fuentes). Better off finding good relievers that can get guys from
both sides of the plate and you'll trust for an inning or longer. Cubs
had a great LOOGY in Ohman and couldn't figure out to use him.1
And I don't mind Grabow, he can get guys from both sides of the
plate, I just think's just slightly above average and I'm also not sure
Lou will use him properly, which is a full inning at a time, rather
than a match-up lefty.
Now when I wrote that, I figured Grabow could get anywhere from $4-$5M in arbitration case due to the 2.84 and 3.36 ERA's the last two years, near the top in holds, a handful of saves and Type A free agent classification. That would be a hefty raise from the $2.3M he made in 2008.
But I looked a little further at contracts signed by set-up men and relievers last year and I probably guessed a little high.
Jeremy Affeldt - 2 years/$8M total
Juan Cruz - 2 years/$6M total (there's a $4M 2011 option or $500K buyout, so $6.5M guaranteed)
Kyle Farnsworth - 2 years/$8.75M (there's a $5.25M 2011 option or $500K buyout, so $9.25M guaranteed plus incentives that could earn him more)2
Joe Beimel - 1 year/$2M
Will Ohman - 1 year/$1.35M
Latroy Hawkins - 1 year/$3.5M
I think Affeldt might be the best comp for Grabow, coming off two good seasons before 2009 and in his first year of free agency and both pitchers don't show much of a disparity between getting righties or lefties out. So at the high end, we could expect Grabow to maybe get $4M in arbitration.
Considering that assumption and considering that relievers tend to be rather volatile from year-to-year, it would seem like a good idea to not tie yourself up to a multi-year offer if you don't have to unless you feel you're getting a pretty good discount or certain that Grabow could deliver two good seasons in a row. Now we don't know the contract specifics quite yet, but at an average of $3.75M per year, Hendry looks to be paying the top of the scale and doing it for two years now, when he probably could have gotten away with just one by offering arbitration. Now maybe the deal will be one of Hendry's famous back-loaded deals as the Cubs have money coming off the books next year, but I fail to see how the Cubs aren't doing anything but paying at the top of payscale range here for Grabow's services.
So then can the Cubs safely assume that he'll continue to pitch well the next two years? Well I certainly don't think you can assume that at all. His career ERA is 4.05 and his career FIP is 4.18 including 4.54 in 2008 and 4.20 in 2009 amidst the two seasons that will have earned him this new deal. That doesn't instill a lot of confidence in me that he can repeat what he's been doing, although that's not to say that he won't. It just indicates to me that Grabow is probably nothing special amongst his fraternity of relievers and not someone that warranted a multi-year deal. And when you have a player that isn't particularly special and have the opportunity to sign him to a one-year deal instead of two, I think you take that opportunity. Of course, the Cubs could have lost Grabow to free agency, but the potential of getting two extra draft picks is worth that risk.
1 - speaking of my left-handed bullpen crutch rant, this was Grabow's 2007 entry in Baseball Prospectus which I found on his PECOTA page. Now Grabow isn't what many would consider a LOOGY, but getting lefties out will be very much one of his primary roles on the team.
You can make a strong argument that no team needs a LOOGY. Mike
Scioscia won 92 games and a division title in 2004 without having a
lefty reliever on his team. LOOGies do more harm than good because they
end up facing just as many righties than lefties as a result of walks
and pinch-hitters, and take up precious roster space without providing
2 - Points and laughs at Royals
I would rather have Ian Happ at second.
that is a hell of a lot of talent to shift for a reliever who's gonna get paid top-scale "free agent" type money in 2017+ after a 1/2 year rental for the remainder of 2016.
Cubs are going to need a 2nd baseman of the future. I'm still not convinced Baez can be that offensively on an everyday basis.
Updating: Per @Joelsherman1, #Cubs-#Yankees trade, if completed, would be Chapman for Torres, Warren and likely two others.
Can only imagine they'd only give that much up if he's signing an extension.
The official police report on Chapman:
You can draw your own conclusions.
Where is he going to play for the Cubs?
That was, ummmm, you know. A joke?
Even from an on-field perspective, Torres is a 19-year-old beating up High-A pitching who also plays a great SS. Even if he never develops a legit MLB power stroke, he's still an obvious 4-tool guy with a very high floor. Sucks to trade away his next 6-8 years for a closer, albeit a great one.
"Like the Chapman deal for Cubs from on-field POV, wish I didn't now have to feel lousy following an otherwise likable Cubs team." @jonahkeri
pretty much sums up my feelings
You mean Yankees?
You do have a point. The TheoJed certainly would need to address this in a transparent way. Milton Bradley was no help to the team.
FWIW, the Cubs would get a compensation draft pick between the 1st & 2nd rounds (around #35) if they extend a Qualifying Offer to Chapman post-2016 (probably about $17M), Chapman declines, and then he signs with another MLB club before next year's draft.
This all assumes Chapman doesn't want to be a free agent and possibly sign a $20MM+/year deal. We all know free agents get overpaid, sometimes dramatically (Hello, JayHey!). Not sure why Chapman would agree to the extension. If i'm is agent, I would tell him I could get I'm a $100M deal as a FA.
I'll root for the uniform and imagine it's left-handed Rod Beck or Randy Myers out there I suppose.
Amen to this. I guess it's gonna happen and I'm gonna have to suck it up but I really despise domestic abusers with every bone in my body and cannot stand them on any team I root for.