Jul 20, 2013, 4:35 PM EST
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.
Nov 26, 2014, 10:04 PM EST
Here’s the farewell Instagram post from third baseman Pablo Sandoval, who signed a five-year, $98 million free agent contract with the Red Sox earlier this week …
Nov 26, 2014, 8:18 PM EST
Jackson was limited to 11 minor league games in 2014 due to a right wrist injury that ultimately required surgery.
Nov 26, 2014, 6:43 PM EST
From FOX Sports’ Ken Rosenthal comes word that the Padres have shown interest in trading for Dodgers outfielder Matt Kemp …
Nov 26, 2014, 5:10 PM EST
The Dbacks were not in the picture until very recently. But better late than never.
Nov 26, 2014, 4:25 PM EST
Since there’s no such thing as a stupid question …
Nov 26, 2014, 3:58 PM EST
Don’t tell the people who like to hang out in the bleachers. They may not realize it, actually.
Nov 26, 2014, 2:30 PM EST
It sorta makes sense I guess, even if it never goes down.
Nov 26, 2014, 2:14 PM EST
Rodriguez was projected to make around $2 million via arbitration.
Nov 26, 2014, 1:40 PM EST
An intriguing scrap-heap pickup for the Rays.
Nov 26, 2014, 1:15 PM EST
This year he played at Triple-A for the Angels, hitting .332 with 25 homers and a 1.017 OPS in 95 games.
Nov 26, 2014, 12:59 PM EST
Ronald Guzman is the Rangers’ 17th-ranked prospect.
Nov 26, 2014, 11:19 AM EST
Capuano is 36 years old, so finding a guaranteed big-league job for 2015 could be difficult.
Nov 26, 2014, 10:47 AM EST
Drafted in 2012, free agent in 2014.
Nov 26, 2014, 10:30 AM EST
Nov 26, 2014, 10:15 AM EST
Either the Rangers or the Twins had the winning bid.
Nov 26, 2014, 9:44 AM EST
Need some dingers? I know a guy who can get you some dingers, man.
Nov 26, 2014, 9:13 AM EST
So who plays third base?
Nov 26, 2014, 8:00 AM EST
It’s like clockwork. A team signs a big free agent or two and someone argues that baseball is doomed without a salary cap. It’s always baloney, of course.
Nov 25, 2014, 10:12 PM EST
Max Scherzer, a client of Scott Boras, seems comfortable with slow-playing this market. We’ve seen loads of rumors and reports involving the other prominent free agent ace, Jon Lester, but it’s hard to identify which teams are in the running at the moment for Max. The Giants may be one …
Nov 25, 2014, 8:47 PM EST
Via Jeeho Yoo of Seoul’s Yonhap News, right-hander Lucas Harrell and outfielder Jim Adduci both agreed to one-year deals Tuesday in the Korea Baseball Organization — Harrell with the KIA Tigers for $900K and Adduci with the Lotte Giants for $650K.
- Yasmany Tomas signs a six-year, $68.5 million deal with the Diamondbacks 68
- No, the Red Sox signing Pablo and Hanley is not proof that baseball needs a salary cap 158
- Red Sox announce four-year, $88 million deal with Hanley Ramirez, DFA Juan Francisco 33
- The Cubs have offered Jon Lester “north of $135 million” 68
- Pablo Sandoval’s deal: five years, $98 million plus an option 43
- Kyle Seager, Mariners close to $100 million extension 26
- The 2015 Hall of Fame ballot is out — Randy Johnson, Pedro Martinez are new on the ballot 286
- So what would the Red Sox look like with Hanley Ramirez and Pablo Sandoval? 49
- The 2015 Hall of Fame ballot is out — Randy Johnson, Pedro Martinez are new on the ballot (286)
- No, the Red Sox signing Pablo and Hanley is not proof that baseball needs a salary cap (160)
- More Hall of Fame ballots like Adam Rubin’s please (138)
- Report: Pablo Sandoval chose the Red Sox over the Giants because he felt disrespected (135)
- UPDATE: The Pablo Sandoval-Red Sox deal is done, pending a physical (133)