Jul 20, 2013, 4:35 PM EDT
There’s something to be said for rewarding a star player who has been underpaid most of his career. Dustin Pedroia is one of the two faces of the Red Sox, he’s a legitimate All-Star candidate every year and it’s possible he’ll go into the Hall of Fame someday. If he were a free agent this winter, a long-term, $20 million-per-year extension would make plenty of sense for the Red Sox. He’s worthy of that kind of money.
But, of course, Pedroia isn’t a free agent this winter. The Red Sox have him signed at the bargain rate of $10 million next year, with an $11 million club option for 2015. Those salaries can increase a bit if Pedroia finishes in the top three in the AL MVP balloting this year, but he’s a steal either way.
So, why sign Pedroia now? The plus for the Red Sox would seem to be to beat the big Robinson Cano deal that’s coming this winter. Cano is likely to get one of the biggest free agent contracts ever; $150 million for six years would be the low end for him. Something like $190 million for seven years might be more realistic. Pedroia might not want to settle for $20 million per year once Cano is making $25 million-$27 million.
But that’s basically the only reason to do it now. Pedroia is nine months younger than Cano, but he won’t be a free agent until he’s 32. Of Pedroia’s 10 most similar players through age 28, according to Baseball Reference, only one remained a star after age 32. That’s Charlie Gehringer, one of two Hall of Famers in his top 10. The other HOFer, Tony Lazzeri, had his last year as a regular at 33. Jose Vidro, Pedroia’s most similar player, had a lousy year at 33 and then vanished. Ray Durham and Michael Young, Nos. 3 and 4 on the list, lasted as regulars, but not as very good ones.
Probably in part because of the takeout slides and all of the diving around, second basemen tend to have shelf lives. Pedroia has been durable, missing a big chunk of a season just once in his career to date, but he does get banged up. It’s probably going to get worse in his 30s, given how hard he plays the game. If his body starts breaking down, he’ll turn worthless in a hurry.
There’s also one more big reason for the Red Sox not to do a deal: any contract extension immediately gets factored in for luxury tax purposes. With an average annual value under $7 million, Pedroia’s modest deal has been a big help to a franchise that’s been trying to edge up against, but not exceed, the tax threshold. Any new contract will result in a big jump in that figure next year. If you remember, it was luxury tax purposes that caused the Red Sox to delay wrapping up Adrian Gonzalez‘s big deal two years ago; they needed his cheap luxury-tax figure to carry over for one more year before they gave him his $22 million-per-year contract.
Pedroia is a wonderful player, and it’d be great to see him keep this up for another seven or eight years. Banking on it, though, would be a mistake. Ideally, the Red Sox could give Pedroia something like a two-year extension through 2017, with nice boosts to his 2014-15 salaries as part of the bargain. Since that probably isn’t happening, they should just let things play out for the next two years.
Jul 31, 2015, 7:34 AM EDT
In a night of several walkoffs — including a walkoff walk — Jason Castro had the biggest, helping Houston complete the sweep of the Angels.
Jul 31, 2015, 3:22 AM EDT
It’s fortunate this one didn’t get ugly.
Jul 31, 2015, 2:51 AM EDT
We’re recapping all of the deals as they come down.
Jul 31, 2015, 12:24 AM EDT
Leake has a 3.56 ERA and 90/34 K/BB ratio in 136 2/3 innings over 21 starts this season.
Jul 31, 2015, 12:00 AM EDT
The Astros completed a three-game sweep of the Angels and now hold a two-game lead in the American League West.
Jul 30, 2015, 11:29 PM EDT
Gallardo isn’t going into the trade deadline on a high note, as he has allowed five runs in three straight starts.
Jul 30, 2015, 10:55 PM EDT
The Diamondbacks are trying to make a play for All-Star closer Aroldis Chapman.
Jul 30, 2015, 10:20 PM EDT
It was made possible due to a misplay by Jacoby Ellsbury in center field.
Jul 30, 2015, 9:33 PM EDT
The Brewers traded center fielder Carlos Gomez to the Astros earlier tonight along with right-hander Mike Fiers and they could be close to another deal.
Jul 30, 2015, 9:08 PM EDT
As the Mets try to pick up the pieces after their deal for Carlos Gomez fell apart, they reportedly have an interesting proposal to consider from the Reds.
Jul 30, 2015, 8:40 PM EDT
Morse is owed $8 million next season, but the Dodgers covered it in order to complete Thursday’s 13-player trade with the Marlins and Braves.
Jul 30, 2015, 7:33 PM EDT
Carlos Gomez was nearly dealt to the Mets last night before the deal fell apart, but it didn’t take long for the Brewers to find a new suitor.
Jul 30, 2015, 7:10 PM EDT
It wasn’t too long ago that we were talking about the White Sox as sellers, but now they are trying to buy a big bat.
Jul 30, 2015, 6:32 PM EDT
Angels slugger Mike Trout is back in tonight’s lineup against the Astros after missing two games with left wrist inflammation.
Jul 30, 2015, 6:09 PM EDT
After dealing ace David Price to the Blue Jays earlier today, the Tigers have traded closer Joakim Soria to the Pirates.
Jul 30, 2015, 5:05 PM EDT
Of course, experience is education too, and based on that I’m quite sure that even the most intelligent Marlins fan would be justified in being confused and thinking the organization has no clue whatsoever.
Jul 30, 2015, 4:44 PM EDT
No. 2 overall pick in the 2009 draft behind Stephen Strasburg.
Jul 30, 2015, 4:20 PM EDT
Carlos Correa has shortstop covered for a while.
Jul 30, 2015, 4:07 PM EDT
Defeat from the jaws of victory and then they got all wet.
Jul 30, 2015, 3:50 PM EDT
Nava hit .303 in 134 games for the Red Sox in 2013, playing a key role in the team’s World Series title.
- And That Happened: Thursday’s scores and highlights 0
- 2015 MLB Trade Deadline Tracker 5
- Giants to acquire Mike Leake from Reds 17
- Astros acquire Carlos Gomez and Mike Fiers from Brewers 40
- Pirates bolster bullpen, pick up Joakim Soria from Tigers 11
- The extraordinarily odd, 13-player Dodgers-Marlins-Braves trade is done 62
- Blue Jays acquire David Price from the Tigers 111
- Both the Phillies and the Rangers did well in the Cole Hamels trade 73
- The MLBPA is considering withholding cooperation with ESPN, Fox over Colin Cowherd’s comments (157)
- The Cubs are in discussions with the Phillies on Cole Hamels (146)
- Major League Baseball rips Colin Cowherd in an official statement (123)
- Blue Jays acquire David Price from the Tigers (111)
- Rangers land ace left-hander Cole Hamels from Phillies (106)