Tuesday, July 18, 2017

Trade Reviews (7/5-7/15)

7/15

Angry receives:
OF Avisail Garcia CWS – OF
Round 17

Stroman receives:
Round 16

What can you say about this? Garcia is remarkably on pace for a 80/23/98/7/.355 season. That’s very solid across-the-board production who is a well worth a spot as at least an OF3. But I don’t believe it’s real and clearly neither do Kyle or Jeff. Certainly worth a flier in case he can fake it a full season though, especially when the give up should effectively be about 15-20 draft spots.
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7/10

Stroman receives:
Round 12

LOC receives:
Mike Leake StL - P
Round 18 (traded from Donkey Punchers)
           
Another example of a trade saying a lot about the current market for pitching.  Three days earlier, Leake was included as a throw-in in the Frazier/Sanchez deal and now Jeff turned the already gaudy 13-round return into a 19-round gain by swapping Leake for six. Leake was one of the most stable pitchers of the first half, posting his typical 6/2 K/BB per 9 with solid rates.  For our purposes, the biggest value is the QSs. At 12, he is tied for 16th in the league and is indicative of the stabilizing force he can be in a rotation.  Six rounds is probably high since there are RPs with more Ks this season and Leake has been dropped outright at some point in just about every season in recent memory, but the options available to teams looking for SPs are limited and Jeff took full advantage of that.

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7/9

Moose receives:
Jharel Cotton Oak - P DL
Javier Báez ChC - 2B,3B,SS
Max Kepler Min - OF
Round 11
Round 14

Angry receives:
Marwin González Hou - 1B,2B,3B,SS,OF
Carlos Gómez Tex - OF
Mike Fiers Hou - P
Round 21
Round 23

While I’ve got nothing against the player Kyle acquired, 21 rounds seems like an awful lot. Marwin has been a supersub all season and the near-.400 OBP has been remarkable, while 17 HR and 55 RBI in inconsistent playing time has been truly one of the more out-of-nowhere developments of recent memory. The biggest surprise has been that he has nearly doubled his career walk rate (5.5% vs. 10.6%) and his ISO is nearly 120 points higher (.269 vs. .151)! The BABIP is really high at .343, suggesting some regression is likely – especially when you consider his hard hit rate is actually lower than it has been the past two seasons. All that means is, if he does start to decline, the Astros have more than a few options to replace a replacement player and he could become a maddening player to own. Guys without any real pedigree don’t tend to suddenly become stars at the age of 28.

I like a lot of what CarGo2 is doing when healthy this season. He’s bumped up his walk rate well above his historic levels and the current .330 level would qualify as one of his best seasons in this category. Injuries continue to be an issue for the 31-year-old but the power/speed combo makes for a very good OF3-4 if he can keep the walk rate steady. Fiers has also had a bit of a resurgence since he ditched his cutter and focused on changing speeds more effectively. He too fits in well as a back of the rotation type, with potential to strikeout 10 in a game on occasion.

That all said, the grouping is fraught with questions and uncertainty, making the 21-round price tag about 7-9 rounds too much in the current hitting environment. Based on their production this season, there’s no doubt they warrant an average of 7 rounds each, but the sketchy recent track records teamed with the options available on the open market – along with the fact that the 11th is the highest round available for trade now -- makes this a clear overpay in my opinion.
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7/8

Montezumas receives:
Justin Bour Mia - 1B

Thor’s receives:
Brandon McCarthy LAD - P

This trade says so much about how the juiced ball has impacted the fantasy world. In most seasons, a player on pace for 80/40/120/0/.370 would be essentially unacquirable – much less get swapped for what would normally represent a decent SP5-6. But this is the new reality. With sluggers all over his lineup and a few holes in the pitching staff, Shomphe sent this counteroffer, which I nearly declined outright, decided to wait, and hemmed and hawed about for a day or so before accepting. I was in search of OBP help and Bour has always been a very steady walk-taker. The only issue in the past was playing time, and he’s finally been given the opportunity to hit lefties too. The results would have been one of the most compelling fantasy developments of the first half, but instead it gets lost in a season that has seen Mark Reynolds, Yonder Alonso, Justin Smoak, Logan Morrison, Cody Bellinger, Travis Shaw, Eric Thames, and Ryan Zimmerman turn into stars.  Meanhile, guys like Marwin Gonzalez, Joey Gallo, Josh Bell, Ryon Healy, Trey Mancini, Matt Adams, Mitch Moreland, Yuli Gurriel, Lucas Duda, Tommy Joseph, and Matt Davidson have provided enough production to make former mainstays like Albert Pujols, Carlos Santana, Victor Martinez, and Todd Frazier effectively valueless castoffs. Therefore, it is perhaps not surprising given the cause-effect relationship that SPs with a 3.20/1.20 with 60 QS% and 7-8 k/9 have become increasingly more rare.  McCarthy has never been a high end guy, but he can more than hold his own and act as a rate-stabilizing force when healthy. If he stays healthy, Shomphe may very well get the better end of the deal even if Bour achieves his projected totals.

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7/8

Stroman receives:
Jason Heyward ChC - OF
Mike Leake StL - P
Round 12
Round 13

Cowhide receives:
Todd Frazier CWS - 1B,3B
Anibal Sanchez Det - P
Round 19
Round 19 (traded from Thor's Hammered)

Really didn’t like this deal for Dave, namely because the relative equal value of Anibal vs. Leake, makes this 13 rounds for Frazier, which is way too much considering the hitting options available for trade and on the wire. One nice thing about Frazier is he is walking at an incredible rate compared to past seasons. He’s at a tremendous 14.3 BB% vs. 8.5% for his career. With his perpetually dismal batting average, it still only brings his OBP to .320 or so however.  The .214 BABIP suggests he’s been pretty unlucky. Meanwhile, his ISO is right in line with his previous two seasons, when he bopped a combined 75 HR. There’s enough to like about Frazier’s recent production the past couple seasons to think he deserves much more than throw-in treatment in a trade, but the data also suggests he could be due for quite a resurgence.  The possibility of joining a contending team with a better lineup also presents potential outperformance possibilities.  I wouldn’t be shocked if he ended up with a line of 80/35/90/10/.330, which is very good for a UTIL slot.

That aside, Dave just flat out paid too much at this point in time. The open market commands much less for power and a marginal OBP as recent trades have shown an equivalent hitter can be acquired for 5-6 rounds. Leake also deserved more than throw-in treatment despite his recent struggles – as evidenced by the six rounds Jeff got from Chad for him. And Anibal’s recent performance is promising, but not something I’d pay for. I was wrong about Cobb, so maybe Dave sees something I don’t, but I do have a pretty good read for the market and to essentially trade 18 rounds for Frazier is a clear overpay.
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7/5

Anal receives:
Carlos Rodón CWS - P
Kenta Maeda LAD - P
Kyle Hendricks ChC - P DL
Eduardo Rodríguez Bos - P DL
Round 18
Round 20
Round 21
Round 22

Stroman receives:
Avisaíl García CWS - OF
Todd Frazier CWS - 1B,3B
Round 11
Round 15
Round 16
Round 17

There’s a lot going on here, but the breakdown is Jeff got 22 rounds and two pretty decent hitters (who later got traded for a combined 10-12 rounds) and Justin got four SPs with varying levels of risk/reward and health. There are multiple factors to consider, but when it comes down to it, Jeff may have actually lost out on some potential value, even if you factor in the subsequent trades of Frazier (with Anibal for 13 rounds) and Garcia (1 round).

All of the pitchers were widely considered top 40 guys before the season (Rodon was iffy due to health). ERod has performed well when healthy, Hendricks was amazing in 2016, Rodon has more potential than all of them, and Maeda has been solid despite being tossed around between the DL, the bullpen, and the starting position. Hendricks and ERod only just returned to the mound, and Rodon made his first start of the season at the end of June. In an up and down year, Maeda has pitched well lately. When healthy, you’d expect all four to command at least 10 rounds each in the current environment (roughly the equivalent to what Manaea and others have cost) – and significantly more if they were performing well. In total, after dealing Garcia and Frazier in subsequent deals (subtracting Anibal’s value), he pulled in about 32 rounds for the four pitchers, so an average of 8 each.


The question – which was the same one posed to Watson after the Lester/CMart deal – is was their missed opportunity cost? By trading these piece in parts and/or waiting for them to stabilize off injury, Jeff very well could’ve received 50+ rounds total. However, if he waited and Hendricks didn’t recover his old form, Rodon continued to struggle with command, ERod’s knee kept buckling and Maeda got sent to the bullpen – all real possibilities --- he could’ve received significantly less. With the open trading period less than a month away at this point, I think it could’ve behooved Jeff to wait. That said, it’s hard to blame people for being risk-averse. It’s not a small risk for Justin either, but one worth taking since these were mostly middle-round picks, which can be easily replaced. The am a little surprised he didn’t find a worse piece than Frazier to send back, but perhaps that was part of negotiations. 

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