True Cost of Colby Rasmus Trade

Posted Jul 28 2011 by Matthias Koster in , , with 9 Comments

Pj Walters

Taking a slightly different approach to the Jays aquistion of Colby Rasmus.

 

Incoming Assets (Rasmus + Walters)

PicImg MLB FEB 21 b938

Much has been written about Colby Rasmus from the statisitcal & personal side. I’ve watched and liveblogged about over a dozen Cards games over the past three seasons, here are a few of my on-field obseravtions.

Rasmus impresses when patient. He has power & great bat speed and I think the possibility for 30 HR exists. He’s gonna K but he’ll also take his fair share of walks. He could slot in nicely in the #2 spot in the order for 2011, possibily moving back or staying put depending on output. His jumps from 1st on SB attempts leave something to be desired, as does his overall D (and reads) out in CF. I certinaly buy into the whole concentration laps tag. I wouldn’t be surprised to see Rasmus shift to a corner OF if/when Gose is ready to contribute at the MLB level. Another risk vs reward trade, similar to Yunel.

 

P.J. Walters could be more than an afterthought. Walters player three tiers of ball in 2007 (low A, high A, AA) and progressed to AAA quickly. Dealing with injuries at various points, Walters season high IP is 158. Over the past three seasons he’s been around 125 IP a season (MLB & AAA combined).

According to Fan Graphs Pitch F/X data, Walters brings on average a sub 90 mph fastball, a slider, change and curve. I can’t really commet on Walters, as I’ve never seen him pitch. One would judge, simply by velocity & pitch selection, that Walters is going to have to command his pitches to be effective. His short MLB career has seen him throw around 40% GB and life as a fly ball pitcher could be tough in the AL East. For now he’s looking like a AAAA arm that could eat up some innings in the bullpen.

Beware internet types hating on the inverted W

Pj walters

 

Outgoing Costs + Incoming Salary

Octavio Dotel (B) -  The Jays paid $500K to buy out Miguel Olivo’s contract (+ considerations to COL) this past off-season, so it’s safe to say that A.A. values a type B pick at at least $500K, if not more. Also, it’s a strong possibility that the Jays would have paid the $750K to buyout Dotel from his 2012 contract. Therefore, this pick is worth around $625K after splitting the difference.

Jason Frasor (B) – Similar math applies.

Corey Patterson – Turned himself into a useful 4th outfielder. Scrap heap signing that returned in the short term. Jays won’t miss him.

Marc Rzepczynski – Within the current regime, it seems that Rzep was slated to be nothing more than the mid-man. As it is a nice reliever that could go 1+ IP in outings. While not a gigantic loss for the Jays (in the scheme of the AL East), Rzep could flourish in St.Louis.

Zack Stewart – Keith Law over-rated Stewart after seeing one AA playoff start, thus setting the Toronto Blogsphere in motion. Back-end at best, his stuff could play in the AL Central or perhaps as a middle/set-up man that ramps up his velocity.

The Cardinals will also receive three players to be named later or cash considerations.

 

Incoming

Mark Teahen – Once a highly touted prosepct, Teahen looks like a sunk cost. He can play 3B, 1B & OF, although, statisitcally speaking, he’s below average at all three. Mark had a strong 2006 (.874 OPS) and has steadily declined. His lefty bat is slighty above avg against RHP. A back-up and nothing more. His 2011 remaining salary pretty much offsets outgoing Frasor + Dotel. Mark is set to make $5.50 million in 2012. and is unlikely to earn a compensation draft pick when he hits free agency in 2013.

Brian Tallet – Will eat IP in 2011, say bye-bye with no comp in 2012.

Colby rasmus cardinals peace out trade

End Cost

A 4-5 starter in Stewart

Mid-lefty reliever in Rzep

Two type B draft picks (for simplicty let’s round the picks up to $1.5 million in A.A value)

$5.50 million in 2012 with no comp pick, basic sunk cost in Teahen

 

= Short-term dollar cost of $7 million + arms. Rasmus isn’t the absolute steal that he’s made out to be.

EDIT: Thanks to a point from commentor Gabriel re:cost of Dotel’s $750K buyout, adjust this number to $6.25 million

 

Stat anaylsis is difficult considering all of the circumstances regarding Colby, so I’ll avoid going in-depth (see ‘insert here’ Jays blog for a stat breakdown)

I’m not a believer in WAR $$ valuations (otherwise Scutaro would be worth $20.5 million in his final Jays season), so typing up a ‘he has to produce X WAR’ just doesn’t do it for me.

However, Rasmus’ much talked about 4+ WAR season of 2010 included a .354 BABIP, although he did bring a solid ISO of .222. His 2011 offensive output is more pedestrian & similar to his 2009, with a BABIP of .286 & an ISO of .175. At a shade under 25, Rasmus has room to grow.

Star or Bust

If you have a chance at being an elite breakout player, AA will pay the price to bring you in. Colby doesn’t have to produce at All-star level to bring value to this deal, although ultimately he’ll need to be better than his 2011 self to justify this deal to AA & most Jays fans.

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About the Author

Matthias Koster has written for mopupduty.com since 2006. Follow Matthias on Twitter, Facebook and . Email at matthias.koster@gmail.comView all posts by Matthias Koster →

  • Kay

    You might want to give this piece a once-over before posting. I get what you’re trying to say but the many errors detract a great deal from the credibility of the post. A simple proof-read would make this enjoyable.

    • http://mopupduty.com matthias

      Rechecked. A few grammatical issues the spell check didn’t catch. Will be more careful in the future.

  • mike in boston

    nice analysis.

    the main value i see is that you get a guy to play CF until you’re ready to bring Gose up. the fact that his upside is All-Star level makes it a no-brainer if you want to take a shot at competing in 2012. you’ve used organizational depth to fill a positional need with a high upside player.

    it’s worth pointing out that Jays management suggested that Stewart was competing with Drabek coming out of camp, so it wasn’t just Law who was high on him.

  • http://www.twitter.com/callumhughson Callum Hughson

    Trever Miller isn’t half-bad either. He’s been a solid lefty out of the pen the last 3 seasons. For what it’s worth (not much) AA said he didn’t plan to flip him to another team but we know how anything can happen at the deadline.

  • gabriel

    I think there has to be significant uncertainty over both of the B-type relievers we traded. Frasor really liked Toronto, and might well have accepted a raise on the $3.5m he is making this year. Similarly, Dotel, at 38 might well have accepted a deal at around $3m. I’d put the odds of a type-B coming out of each at about 50%, so the anticipated cost should be one compensation pick, not two.

    Also, I ran the contract obligations – I think the Jays only are out 5.25m on the deal. Dotel has a .75m buyout that the Cardinals are on the hook for (though, of course, La Russa may want him back for ’12).

    All said, I think the costs are a little lower than you estimate.

    • http://www.mopupduty.com Matthias Koster

      That’s a good point with the Dotel buyout savings. I should have calculated that into the price.

      I’m not overly confident that Frasor would re-up considering his usage over the past few weeks (three mop-up G from Jul 10 – 17th)

      • Early

        Frasor is married to a Toronto girl. I think he would have re-uped.

  • John

    Nothing major, but those two type B picks would require signing bonus’s in the 500-750k range which could also equal savings from the jays perspective.

    I know the Jays would rather have the picks but its still money be saved nonetheless

  • http://www.chriskol.com Chris K

    Sometimes I wonder if AA is a big Baseball Mogul fan given the deals he does and the plans he has for flipping players.