Mar 29

Why The Mets Opted Not To Insure Santana’s Contract

Johan santana Subway

Adam Rubin of ESPN New York, does a fine job of explaining why the Mets chose not to insure Johan Santana’s contract.

The Mets will be on the hook for the remaining $31 million owed to Johan Santana because they did not insure the contract.  Why?

As premiums have skyrocketed because of escalating salaries and past payouts — such as the bailout when Mo Vaughn was owed $17 million and could not play for the Mets in 2004 — the organization began more often “self-insuring” its larger contracts than seeking outside coverage. In essence, the Mets chose to create a rainy-day fund available so that the organization would not be crippled financially by the loss of a key player due to injury.

It saves potentially a $2 million insurance premium per year to protect a contract, although the amount annually paid to an insurance company naturally decreases as the years on the contract elapse — like you’d pay less to an insurance company on a car as the years go by and the vehicle is worth less.

Across baseball, outside insurance has “declined tremendously,” according to one baseball official.

Santana was self-insured by the Mets, whereas the Mets contracts for Carlos Beltran, Jose Reyes, Tom Glavine and Mike Piazza’s were insured externally during their Mets days as well. David Wright’s last contract also was insured externally.

You can read the rest of the article including all the details here.

Mar 28

Mets’ Triple-A Rotation Takes Shape

DARIN GORSKI: Is he officially a reliever now?

DARIN GORSKI: Is he officially a reliever now?

Adam Rubin of ESPN New York took to Twitter a short while ago and began posting his projections for the Mets Triple-A roster.

Included in his Las Vegas 51′s rotation he has: Zack Wheeler, Aaron Laffey, Collin McHugh, Chris Schwinden and Carlos Torres.

A month ago I projected the rotation as follows:

  1. Zack Wheeler
  2. Collin McHugh
  3. Mark Cohoon
  4. Darin Gorski
  5. Aaron Laffey

That was what I had once I removed Mejia, who has been shutdown for at least a month, and Hefner who won a job in the Mets rotation. The biggest difference between what I project and Rubin is that he has Carlos Torres in the rotation and Darin Gorski is nowhere to be seen.

When I posted my projection back on February 21, I did speculate that both Familia and Gorski may not even make the cut and could be relegated to the bullpen because of a numbers crunch:

Jeurys Familia is looking more and more like a reliever now and even Darin Gorski is beginning to trend in that direction lately.

I’m not that surprised that Schwinden makes Rubin’s cut even though I personally saw him as a numbers casualty as well, but the Torres thing surprises me.

The Mets signed the 30-year old free agent back in November and I remember thinking at the time how confusing an addition it was – even as minor league fodder.

Last season, Torres made 31 appearances for the Colorado Rockies and posted a 5.25 ERA and 1.415 WHIP in 53 innings pitched. All of his appearances were in relief. He’s having an awful spring for the Mets, posting a 8.54 ERA in 5.1 innings with nine hits allowed and five runs. I don’t see the value in pushing aside a younger pitcher with higher upside just to give Torres a job. It makes little sense to me.

I would also think that Mark Cohoon was more deserving of a spot on the Vegas rotation, especially after his solid season in Binghamton where he posted a 3.62 ERA and 1.207 WHIP in 23 starts, 18 of them quality starts.

And while I did speculate Gorski would go to the pen, my thinking at the time was because he’d be squeezed out because of the numbers crunch and not because a determination would be made that he was finished as a starter.

If we can give Gorski another season in the rotation, I’d be all for it. I would most rather see that than to push him aside because of someone like Torres.

Update: Right after I posted this Adam Rubin DMed me and said that yes, Familia is now officially a reliever.

Mar 14

Dillon Gee Wild In Mets 9-1 Loss To Tigers

dillon gee

The Detroit Tigers defeated the New York Mets this afternoon by the score of 9-1 at Tradition Field. Most of the damage came against starting pitcher Dillon Gee who was absolutely awful and completely out of sync.

Gee had no control as evidenced by his four walks, two hit batters and three wild pitches in just two innings of work. The right-hander will need to get things sorted out very quickly if the Mets are to improve their MLB betting odds for this season. Gee was charged with six earned runs and didn’t beat around the bush after the game when he was asked if any particular pitch was giving him trouble. “All of them [gave me trouble], terrible.”

The  finally tally on balls and strikes told the story; 53 pitches and only 24 strikes.

According to Adam Rubin of ESPN, Gee said he did not care to throw additional pitches in the bullpen after the outing. He instead just wanted to turn the page on a lousy day.

I agree, turn the page…

Oct 02

Collins and Warthen Want Front Office To Retain Mike Pelfrey

Terry Collins and Dan Warthen would like the front office to retain Mike Pelfrey next season, according to Adam Rubin of ESPN.

“I know Terry Collins and I are very hopeful that Mike Pelfrey will come back — whether it be in the bullpen or as a starter,” pitching coach Dan Warthen said.

“We’ve always contended that he would be a great closer and just go out there with a power sinker and a split. I think we’d see 95 to 97 mph almost every night. When it comes to cost, we have to find out what we can afford. But I think we would all love to have Mike back.”

Pelfrey was shutdown after three starts in April and finished with a 2.29 ERA and 13 strikeouts in 19 2/3 innings pitched.

He underwent Tommy John Surgery on May 1, and most like will not be ready to pitch off a mound again until June or July. In the meantime he’ll be rehabbing and doing his workout with these exercise programs. It’s still a long road and one that could have setbacks as we’ve seen before on the Mets.

Pelfrey signed a one-year, $5.7 million contract with the Mets to avoid arbitration in January. He is eligible for arbitration again this winter and per MLB rules he cannot be offered less than 80% of his current salary.

He will be non-tendered for sure and become a free agent  who can deal with all 30 teams.

There’s a nice upgrade for us, let’s talk about this for a while.  :-)

Seriously, I had issues with Pelfrey when he was healthy, let alone now. Can we just move on already. If you want to take a trip down memory lane go and see what the Marlins want for Reyes or the Cardinals for Beltran. At least I know we’ll be bringing back stars rather than duds.

Sep 18

Are The Mets Shopping Ike Davis?

ESPN reported this morning the Mets are considering trading Ike Davis. It seems plausible explanation for why Lucas Duda has been getting more playing time at first base. Adam Rubin wrote it, so I trust the reporting.

DAVIS: Anguishing over another strikeout?

But, isn’t Davis one of the bright young talents the Mets are building around? Isn’t he one of the good products from what has been regarded as a weak farm system?

Yes, but there’s more to the story than just his age and power potential, which could reach 30 homers this season despite a slow start. He is on pace for 30 homers, but also on track to hit .223 with 142 strikeouts and only 60 walks.

Davis said he’d like to remain a Met, but understands the business side of the sport.

“If they trade me, they trade me – I can’t do anything about it,” Davis told reporters. “I have to do my job where I am at.” 

Trading Davis, despite his power potential, makes sense on several fronts:

1) The Mets have few chips they could spend and definitely are reluctant to tamper with their young pitching. Davis, with his potential and low salary, is a player who could bring in several pieces in return. In considering the available Mets that could be dealt, David Wright might bring back more, but his salary would be a deterrent. Davis is a player who could be tied up in a long term deal.

As being one of their few tradable chips is important considering GM Sandy Alderson has already spoke of keeping basically the same payroll next season, which would preclude spending lavishly in the free agent market.

2) While Davis is their frontline first baseman, the Mets have depth in the position with Duda. There’s absolutely no outfield depth and they would struggle to replace Wright or Ruben Tejada.

3) Reportedly, Davis hasn’t taken to being coached well and has a weakness for the night life. If this is true, the Mets wouldn’t want him around to influence the other young talent. Reports like this could work either way in the Mets’ attempts to deal Davis. First, Davis could be viewed as a problem, although there’s been no complaints about him in the clubhouse. Secondly, the perception could be that the Mets have been so poor in recent years that a player not being coachable could be interpreted as not that big a deal.

Davis debuted with a flair, but sustained a severe ankle injury last year and was struck by a virus this spring. He might be totally frustrated and resentful of how the Mets handled the ankle injury and this could explain any reluctance with the coaching. On the flip side, Terry Collins opted to keep him earlier this year when he was struggling instead of sending him to the minor leagues. That action must be regarded as the Mets having confidence in Davis, and that can’t be underestimated.

I often wonder what became of Davis’ approach at the plate. He arrived with a reputation of being patient, working the count and taking the outside pitch to left field. He would wait for his pitch to crush. However, we’ve been seeing less of that lately and more of him over swinging and trying to pull.

What Davis hasn’t realized, or it hasn’t been told to him – although I doubt that – is if Davis was more patient and went the other way, that he has the power to hit it out to left. Also, adding 40 points to his average would translate into more homers.

I can see Davis becoming a star player, but I can also see him evolving into an all-or-nothing slugger. If the Mets can swing a deal and fill a couple of holes elsewhere, then go for it.