I think the Rockies are throwing in $1M the Padres are picking up the rest. Basically a salary dump by Rockies. Though you are likely right that the possibility of moving Street for prospects at the deadline probably is part of the Padres motivation to acquire Street.
Based on the way the article was written it seems as if Carson honestly believed the Rockies traded Street and picked up all of his contract for a PTBNL. Which should set alarms off in your head right away as anyone who follows baseball closely.
Sorry if i’m being rude, but #cmonson
It’s not a minor detail, the money involved is the ENTIRE reason Street was traded in the first place. So let’s not trivialize it.
If you write about baseball for a living, Street being given away for free shouldn’t pass your sniff test.
I’m sorry to insult your baseball knowledge Carson, I was overreacting a bit. I see what you are trying to say and I hope you see what I was trying to get across. Wish I could have come across as less of a grouch
It should be noted that Adams was less expensive and had more years of control (i.e., he was not becoming a free agent at the end of 2011). I’m doubtful that Street would net what Adams did, but you never know who might be a desperate bidder when the time comes.
So the Padres are essentially paying ~4-5 million (while risking paying $7 million should Street get hurt) in order to perhaps acquire future talent in late July? Couldn’t they have just overpaid Brett Austin from 2011 or Karsten Whitson from 2010, spent the remainder elsewhere, and not risked paying $7 million for nothing?
I guess we define baseball value differently. When the World Series odds go from 0% to 0% with his signing, I am going to consider that ‘nothing’. Sure, there may be marginal ticket sales, but that is just that — marginal.
Just seems like a strange strategy when there are moves with much less risk involved to acquire young talent, like actually signing the guys you draft, or drafting the best talent available despite cost.
I think this move is more about meeting Moorad’s promise of a “payroll that starts with a 5” than anything else. They were roughly $10 MM short after arbitrations before this signing. It allows them to meet the (extremely underwhelming) promise while getting perhaps getting something long-term at the deadline. If he gets hurt, they can say they still met their promise and then ‘got unlucky’, which seems to be the MO around here.
Fangraphs has an editor, but he’s been recovering from chemotherapy for the past few months, and is currently busy providing up to date coverage from the winter meetings. This is free content, and generally quite good content. When mistakes do fall through, they get fixed once they’re pointed out. Deal with it.
Haters gonna hate. I love this article, I think the Padres could just constantly trade for pitchers who aren’t good, give them beautiful stats thanks to Petco Park, and trade them for more than they gave up.
I agree with this point completely. As a Padres fan, it’s unfortunately been the hallmark of their operation for many years. They plead “small market” and “build through the draft” but then waste precious resources on middling big league talent while not signing their top picks or simply avoiding sound talent out of signability concerns.
Yea. Basically they could end up trading a PTBNL for a B to B+ level prospect and a few high risk high reward guys. Not a bad long term plan.
Comment by Antonio Bananas — December 7, 2011 @ 7:56 pm
One of the less-discussed elements of the new CBA is that teams that receive revenue sharing funds need to spend at least 125% of that amount on big league payroll. As a team that probably has a “natural” payroll capacity of around $70M once the lay away purchase is complete, the Padres find themselves in a weird spot this offseason. They need to spend about $20M to round out this year’s roster and get to about $53M in salary for 2012 while:
1) Not being able to compete for the top tier of free agents;
2) Not wanting to make anything more than short-term commitments to the B-level free agents they could afford and blocking paths for the large wave of very good (but no great ones) prospects they have coming;
3) Desperately needing to give at bats to Rizzo and Blanks this year to see what they have in those guys, who have nothing left to prove in AAA;
4) Having several young pieces (Maybin, Hundley Headley) who are as good as/better than anything on the FA market for even significant multiples of their salary;
5) Having dead weight up the middle in Hudson and Bartlett who probably can’t be moved; and
6) Only having a couple of guys (Latos and Maybin) who they should lock up right now and thereby drive up their 2012 team salary.
There just aren’t all that many guys who make $7-10M annually on a one-year basis who they can acquire without giving up significant minor league pieces.
If they traded for Street primarily for the ability to flip him at the trade deadline then why did they not trade Bell at the deadline this past season? I know there is a new GM, but I just don’t think flipping Street was the main reason for the acquisition.
Also, was this really the best deal Colorado could get for Street??? I would have expected more.
If the trends matter, that seems more like an issue of the past then the present. They did spend 11m in this years draft, something only a handful of teams have done prior, not to mention 3 of their 4 largest bonuses given out have come since Moorad came into the picture.
When Keyvius Sampson was signed it was pointed out that he was the first high school pitcher taken in the first 10 rounds since 2002.
Thankfully, those risk adverse days are a thing of the past, in terms of amateur talent.
We saw what happened with Harang going from a hitter’s haven to Petco, expect more of the same with Street, except Street isn’t anywhere near as far down the path to mediocrity as Harang was.
Good fit for the 2012 club, IMO.
Comment by Amish_Willy — December 8, 2011 @ 1:03 am
They didn’t know that relievers wouldn’t be type-A FAs.
the 2 picks are going to equate to top 15 prospect talent at worst?
Ross and Hedges from the last draft are ranked in the pads top 10 by BA; and they have one of, if not the deepest system in baseball. Those picks are worth a lot.
Comment by johnnycomelately9 — December 8, 2011 @ 2:40 am
Whitson’s dad changed the deal on them at the last second and Hoyer refused to budge. As a padre fan I really wish they signed him but I think Spangerberg is going to help them sooner than later.
Austin is a good talent but I always wanted them to sign Hedges if only 1 between the two. I’ve convinced myself that he’s the best defensive catcher in the minors with more pop than what everyone projected. Don’t ruin my personal scouting report for me Hedges… dominate!
Comment by johnnycomelately9 — December 8, 2011 @ 2:46 am
Yeah, but this piece says a top 10 prospect – Erlin was arguably a top 5 prospect, and Wieland was pretty highly rated, so even at below Adams level of leverage, the Padres are still likely putting themselves in a pretty decent position if they don’t manage to recapture the 2010 magic.
Only players who spend the entire year in one organization will net comp picks beginning this year.
Offering arbitration is no longer the qualifier to receive comp picks though… offering a one year contract of at least the average of the top 125 salaries in the league (currently about 12.3M) is.
The compensation rounds in future years will be MUCH shorter.
“Based on the way the article was written it seems as if Carson honestly believed the Rockies traded Street and picked up all of his contract for a PTBNL. Which should set alarms off in your head right away as anyone who follows baseball closely.”