Top 50 Free Agents

The 2011 season is officially over, so today, we kick off our coverage of the Hot Stove League. Over the next few months, we’ll have coverage of every transaction, breakdowns of how each move will impact the various teams going forward, and analysis of the market as a whole.

We begin our off-season coverage with a look at the 50 best available free agents. Obviously, any ranking is going to be subjective in nature, and I’m sure that there will be disagreements in placement, but overall, it looks to be me like there are some pretty distinct tiers that the players fall into.

This is a pretty top heavy group, with a big five who should all land pretty large deals, and then a significant drop-off after you get past those guys. There’s a half dozen or so good players beyond them, and then you get into guys who can fill a hole but aren’t really difference makers. Then, it’s 10 guys you want on your team but shouldn’t pay an arm and a leg to acquire, followed by 20 useful players who shouldn’t be counted on as regulars but could be useful if used correctly. I’ve used these breaks to show where I think each respective player fits, but if you think he should be higher or lower within that tier, I probably won’t argue with you.

Also, I’ve included each player’s WAR total for the prior three seasons. One of the regular traps in free agency is paying for a player’s most recent performance and ignoring prior history, so using 2009-2011 data will help put some context into what they’ve done over a larger sample. It’s not perfect, of course, as most recent data is most important, but in most cases the three year window gives us a better view of a player’s true talent level than just looking at what he did in 2011.

Oh, and one last thing before we get to the list – using the Custom Player List feature on the leaderboards, we’ve created a Sortable Free Agent Leaderboard for everyone to use. Now you can compare free agents within specific positions, over various periods of time, or check out their data on a specific split. Want to know which free agent outfielders performed the best against LHPs from 2006-2011? Now you can.

The report will soon be added to the leaderboards, where you’ll always be able to just click on it to get an updated list of free agents. We’ll maintain that list all winter so you’ll always be able to see who is still available and how they compare to their peers still on the market. The link above will stay static, however, so you can refer back to that one to see the market as it is today.

Now, without further ado, our top 50 free agents of the winter.


Rank Player Position WAR
  Stars    
1 Albert Pujols 1B 21.5
2 Jose Reyes SS 9.9
3 CC Sabathia SP 18.8
4 Prince Fielder 1B 15.3
  Almost Stars    
5 C.J. Wilson SP 12.5
  Good Players    
6 Carlos Beltran OF 8.5
7 Jimmy Rollins SS 9.3
8 Hiroki Kuroda SP 8.6
9 Roy Oswalt SP 10.2
10 Edwin Jackson SP 11.2
11 David Ortiz DH 7
12 Aramis Ramirez 3B 6.2
  Solid Regulars    
13 Mark Buehrle SP 10.6
14 Coco Crisp OF 7
15 Michael Cuddyer OF 6.8
16 Jonathan Papelbon RP 6.2
17 Josh Willingham OF 7.7
18 Javier Vazquez SP 9.6
19 Carlos Pena 1B 6.8
20 Kelly Johnson 2B 8.8
  Good Role Players    
21 Ryan Madson RP 4.3
22 Grady Sizemore OF 1.9
23 David DeJesus OF 8.5
24 Erik Bedard SP 4.2
25 Heath Bell RP 4.8
26 Ramon Hernandez C 4.4
27 Rafael Furcal SS 8.2
28 Chris Capuano SP 2
29 Clint Barmes SS 5.5
30 Francisco Rodriguez RP 3
31 Paul Maholm SP 7.2
  Decent Part-Timers    
32 Jason Kubel OF 3.6
33 Freddy Garcia SP 5.1
34 Cody Ross OF 5.1
35 Aaron Hill 2B 6.1
36 Darren Oliver RP 4.3
37 Jamey Carroll SS 6.3
38 Casey Kotchman 1B 2.2
39 Johnny Damon DH 7.3
40 Jeff Francis SP 4.6
41 Jim Thome DH 5.5
42 Ramon Santiago 2B 3.9
43 Bartolo Colon SP 3.1
44 Nick Punto SS 4.9
45 Joe Nathan RP 1.9
46 Mark Ellis 2B 5.9
47 Jason Marquis SP 5.1
48 Frank Francisco RP 2.6
49 Bruce Chen SP 3
50 Andruw Jones OF 3.7



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Dave is a co-founder of USSMariner.com and contributes to the Wall Street Journal.

90 Responses to “Top 50 Free Agents”

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  1. Bobby A. says:

    Slim pickings after the mid-20s

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    • Dave Cameron says:

      I’d say it’s slim pickings after about 15 or so. This is not a very good free agent crop after you get past the big four.

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      • Urch says:

        Would it be possible to add 3 additional columns to this chart — age, previous contract, and next year’s projected WAR? Or maybe just the first 2, since I think most projections aren’t available yet.

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      • Keystone Heavy says:

        So, apparently in years before, instead of 4 all-star caliber players, who have at one point the last season likely been in an MVP/Cy Young discussion, there have been 20+? I don’t know what the heck you expect.

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      • Ari Collins says:

        “after you get past the big four.” He wasn’t saying it’s not a very good free agent crop overall.

        Although one could make that argument.

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      • Chair says:

        IDK Dave, David Dejesus is at 23 and he could end up being a great add for the right team.

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  2. GP says:

    Is there some rhyme or reason to the guys who are shaded in white?

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  3. WiersNRAF says:

    Dregs, Bottom Of The Barrel. See above.

    Not the best free agent market. AFter Bell, it drops off. A lot. Fast.

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  4. Barkey Walker says:

    Interesting classification, but I think the team that *signs* the player will probably think many of them are one click above what you say (you could point to the winner’s curse).

    For example, I could see a team calling Oswalt or Papelbon star players. I could also see agreeing with them if it was a favorite team on April 1st.

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  5. Mitch says:

    how is Oswalt not in the lonely “almost star” category with CJW?

    and I think Papelbon and Buehrle should also jump a category, no?

    similarly, only Beltran’s knee keeps him being ranked higher but he had no problems this season… clearly his speed is affected but the bat was stellar.

    There should still be about 15 players from the list to get contracts that will pay them 8 figures annually.

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    • Anon21 says:

      Oswalt: Old, injured.

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    • philosofool says:

      Papelbon: he’s still a reliever. Notice that he has the lowest 3 year WAR of any player in the bunch? Being a great reliever doesn’t make you a great player.

      Buehrle: He consistently out performs his xFIP with a low HR/FB. His xFIP is really middle of the rotation stuff; he can be counted on for innings,but the strikeout rate is low, and I think most teams would be reluctant to project continued success for more than one or two more seasons.

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      • Gabriel says:

        I also thought Buehrle should go up a category. There is an enormous amount of value in a good pitcher who doesn’t get injured. His consistency over such a long period is I think what would cause teams to project continued success.

        Needless to say, it doesn’t much matter what category he’s in. We know he’s pretty good, but not going to be a Cy Young contender. A solid number two type pitcher who could have a very good season in a ballpark with a nice deep outfield.

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      • Red Line Trane says:

        Four years ago, sabermetric commentators said the exact same thing about Buehrle. They saw that he outperformed his FIP, they saw the low K rate, and they all said that he was going to hit the wall soon, that the White Sox were CRAZY to give him a 4 year deal.

        And during those four years, he was the exact same pitcher that he’s always been.

        I understand why stat-heads are skeptical about him. But people have been predicting that he’s going to crash and burn for years now, and he hasn’t yet. At this point, it seems much more probable that the standard advanced metrics simply don’t tell the whole story with Buehrle.

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      • Yirmiyahu says:

        Red Line,

        For that reason, GM’s should be wary of Buehrle. If no one seems to know how Buehrle gets it done, how do you know he will be able to continue his success in a new environment. What if it’s his pitching coach? Or something peculiar about the infield at Comiskey? How much is it due to his teammates’ defense? What kind of voodoo does he use to keep his ERA a half a run under his SIERA, and will it still work in Fenway Park?

        One small thing…. Groundballers and pitchers who allow a lot of balls in play (of which Buehrle is both) naturally create more unearned runs, which obviously don’t show up in ERA. For instance, this past year, Buehrle allowed 0.48 unearned runs per nine innings, compared to the AL average of 0.36 unearned runs/9. So that’s a tiny part of the reason his ERA always looks so good.

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      • Tanned Tom says:

        I swear, do you guys ever WATCH games? And I mean at the park, not on TV while your checking your email and playing spades. Would you have urged the Braves to dump Warren Spahn because ” no one seems to know how he gets it done”? Or would you ascribe Andy Pettitte’s success to voodoo, or some pecularity of the Yankee infield? For a single season anything could make a difference. But for 11 years?! Must be some strong voodoo, I think it’s called talent and mental toughness.

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      • Felonius_Monk says:

        I think one of the big reasons behind Buehrle’s ability to out-perform his FIP for such a long period of time is that he is one of the best fielding pitchers in the game, and he controls the game with men on base superbly (good pitching from the stretch, great pick-off move, works quickly). Those are only incremental benefits, but they are constant to his pitching, and presumably not a statistical artefact (i.e. they are “real”), and could underlie a large amount of his ability to beat his FIP.

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    • baty says:

      In my opinion, closers should be nothing more than part-timers (even though contract size can make it appear otherwise)… Papelbon is a luxury item for most teams. There are too many great relief pitchers out there.

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  6. Resolution says:

    Why doesn’t Rich Harden occupy spots 1- 20?

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  7. bcntwinsfan says:

    Sizemore’s a roll player? How soon we forget. I hope none of you out there get sick or injured because you’ll be relegated to roll player or worm food in a couple of years. Read between the ironic lines.

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  8. JamesDaBear says:

    Kosuke Fukudome doesn’t even break the top 50? Andruw Jones does?

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    • Jack Nugent says:

      As far as he’s fallen, Jones can still hit for some power, even if his home parks have helped him out the past few years. Maybe if Fukudome could play some CF you could argue he belongs in the top 50, but he’s pretty much stuck in a corner, so I don’t think he’s the better spare outfielder.

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  9. Felonius_Monk says:

    DeJesus and Maholm should definitely be in the “solid regular” group IMO. They’ve both been solidly above-average performers for the last few years. DeJesus is every bit as good as Willingham or Crisp (and was the best player on the Royals for a couple of fallow years) and Maholm isn’t too far behind Buehrle in production, and would be a #3 starter on many .500 teams.

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    • Gabriel says:

      I felt the table lacked a risk/reward calculation. So Dejesus was calculated as a “solid regular,” when in reality he could be a very good player if he bounces back from an awful season in Oakland.

      The same applies to Sizemore, who at his best was a star, but has been injured for years, and Thome, who has continued to be an excellent DH, though he’s ancient.

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      • baty says:

        I agree… you have a range of potential contract lengths and an attempt to consider the implications would be cool. For instance, Sizemore’s role/value could be interpreted very differently between a 1 and 3 year deal. Sizemore might get over payed as a 1 year commitment considering his issues, but he could be a benefit for years 2 and/or 3.

        Maybe a risk factor that determines a +/- value throughout a 5 year span could be interesting, complicated, but I don’t know.

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  10. AndyS says:

    Papelbon and Oliver look a bit low IMO.

    Seriously, Oliver is the most underrated player since focusing on his slider a few years ago.

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    • Felonius_Monk says:

      Hard to see a 41-year-old LOOGY as much more than a bit-part player. That said, I’d love to see my team (Cardinals) in for him if he’s on offer for <$3m. I think he ends up back at the Rangers for one more year, though.

      I'd argue that Papelbon is sorta lucky to one tier ahead of Bell and Madson; although he had pretty much the best 2011 of any closer, Bell and Madson were both better in 2010 and 2009.

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    • Norm says:

      Isn’t a 60 inning pitcher the definition of ‘Part-timer’?

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      • AndyS says:

        I guess, but I feel like relievers are a special circumstance. I dunno, I guess I’m wrong in my classification of relievers because I probably wouldn’t pay them a tremendous amount.

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  11. Sammy says:

    All I know is this. Bruce Chen is the answer.

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  12. Josh says:

    Ortiz has been a star for quite some time….

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  13. Scott says:

    I think for players like Ortiz and/or Oswalt they are rightly downgraded some based on age and injury likeliness. Likewise Wilson is probably higher than he should be due to his apparent durable arm. Though I think two seasons starting is a little early to be considering him a sure thing.

    The questionable one to me is Reyes. Sure he’s a star. A super star even. But any team paying that guy even a medium length contract is taking a massive gamble.

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    • Scott says:

      Goodness, after reviewing the pitchers after Wilson I take that back. He’s ranked right where he should be.

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    • Tanned Tom says:

      With Reyes’ injury concerns, rumors about his attitude, how can any besides the desperate consider giving him more than 3 years. If there was a list of “players most likely to return to earth”, call it the John Lackey award, Reyes might be top of the list.

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  14. john sparrow says:

    I feel like Derrek Lee should be on there somewhere

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  15. 300ZXNA says:

    Will Yu Darvish be posted this winter? If so, where would he slot on this list? CJ Wilson territory just due to the uncertainty of how well his stuff would translate, or higher?

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    • Garrett says:

      Yu Darvish does not slot on this list. It’s a list that depends based upon the players’ 3-year WAR, and Yu Darvish’s 3-year WAR is undefined. (It’s not zero. Zero would project him as a replacement level player, and that is a projection.) This site doesn’t project a Japanese player’s equivalent WAR any more than it posts their zodiac sign, nor the alignment of the moon with Jupiter.

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  16. drewcorb says:

    Edwin Jackson is the 10th best FA? This is going to be a terrible off-season.

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  17. If there is a definition of a “Free Agent Trap Player”, the picture next to it is surely Jose Reyes’s baseball card. I cannot really see how he’s ranked ahead of Sabathia or Fielder and it’s pretty easy to argue Wilson’s a better bet as well.

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    • Telo says:

      Agree very strongly. He’s a great player, but he will undoubtedly get paid more than what he is really worth. And while that can be said about most FAs, especially the ones at the top of the list, I think it will be more drastic for Reyes.

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    • Barkey Walker says:

      So we’re thinking he goes to the Mets, or Cubs then with an outside chance of Nats?

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      • Mike says:

        The Giants, no doubt…

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      • Merlin says:

        Cubs? Really? Two words. Starlin Castro. Brewers maybe, even possibly but never Cubs. Theo isn’t going to splash big for a guy that will be past it by the time they contend.
        I agree he’s a Pavano waiting to happen; sign big injured early comes back to soon then permanently damaged.

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    • NBarnes says:

      Nah, the picture next to ‘Free Agent Trap Player’ in the dictionary is Alfonso Soriano, circa 2006.

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  18. GiantHusker says:

    An excellent job, Dave Cameron.
    The free agent leaderboard will be a welcome addition.

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  19. 2nd Half Adjustments says:

    I don’t see how Kuroda rates higher than Buehrle.

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    • Mariners Fan says:

      Strikeout potential? I noticed that despite similar innings, and Kuroda having a better FIP in 2011, Buehrle accumulated more WAR. Is this because of the AL/NL difference?

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      • 2ndHalfAdjustments says:

        In part. But Buerhle also has to work in a much smaller park and is a better fielder. He’s not flashy, but Mark Buerhle is certainly better than a ‘solid regular.’

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  20. Barkey Walker says:

    Reasonable chance Thome hangs up the cleats this winter, right?

    If he doesn’t I see him taking one of three roads: (a) signing with Philadelphia for peanuts ($0.75M + 0.75M bonus for total # of games) or (b) Signing with Texas ($3-4M), or (c) signing with Cleveland ($1M).

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  21. Jeffrey gross says:

    You are underestimating Javier Vazquez, who in my mind is a slight peg above kuroda

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  22. Michael says:

    There’s something wrong with a list that rates Edwin Jackson higher than Mark Buehrle. Not sure what it is, but something’s very wrong.

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    • Tanned Tom says:

      Absolutely! Jackson is on his 7th team in 9 years, had a so-what year in a crummy division and has a career ERA of 4.46. Please! Buehrle’s career ERA is 3.83, all done in the DH league, he is super reliable, etc. There really is no comparison between these two players. Buehrle is a #2 or #3 starter on a pennant winning caliber team, Jackson will be the guy you slot in at #5 and hope he stays healthy until some AAA pitcher is ready.

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    • Merlin says:

      Edwin Jackson = AJ Burnett – consistency. Why anyone hoping to win anything signs him is beyond me. So, I hope the Yankees sign him and make he and AJ roommates. A matching pair of bookends.

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    • Mitch says:

      correct Michael. Obviously ratings are skewed by age but Buehrle will get a 3 yr deal and Jax prob 4, not a big difference. Bottom line is that Buehrle is still a very effective SP. I think the Yanks pursue him.

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  23. JKB says:

    Can you retitle the “Decent Part-Timers” tier to “Potential Rays Starters”?

    Thanks,

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  24. Playoffs!?! says:

    Better pull CC down :).

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  25. Playoffs!?! says:

    You already did, you guys are good.

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  26. Kampfer says:

    An RP who can put up 6 freaking win over replacement is an All-Star to me. No?

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  27. YazInLeft8 says:

    There was a point there where Carlos Pena was on the Rays and so overrated.
    Thankfully, the fact that the Cubs signed him immediately brought his badness into the light.

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  28. Tony says:

    No Juan Pierre? I mean Andruw Jones is even on the list.

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  29. JT Grace says:

    Alex gonzalez doesn’t even make the list as a decent part-timer. I really hope the Braves don’t bring that guy back next year.

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  30. Playoffs!?! says:

    As a Yankee fan there were many times when Pena was at the plate and I was terrified.

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  31. mrg says:

    Didn’t the Yankees already extend player number three?

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