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Beyond the Box Score

Royals Acquire Sanchez, Verdugo from Giants for Cabrera

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Chris McGrath - Getty Images

I suppose it's safe to say that the Hot Stove League is officially underway, as today brought upon quite the transaction. In preparation of a potential non-tender, Jonathan Sanchez and minor leaguer Ryan Verdugo were both shipped to the Kansas City Royals in exchange for Melky Cabrera, who is coming off a career year for the Blues. The Royals expanded their strikeout-stuff-laden rotation while parting ways with a player who embarked on 40+ doubles in '11. That guy, Cabrera, will now roam the spacious AT&T Park outfield grass while potentially taking advantage of the extra-base friendly dimensions.

But what should we really expect out of Melky Cabrera? Melky posted fantastic numbers in 2011, highlighted by a 4.2 fWAR and a well above average wOBA of .349. However, that followed a dreadful .294 wOBA in 2010, which, in addition, subsequently helped submerge his WAR to the negatives (-1.0). Word on the street is that Cabrera will regress somewhat towards his career wOBA mark of .320, especially coming off a stellar and career year. In addition, it's hard to maintain a .332 BABIP two years in a row. On the other side of the coin, he's cheap and a likely candidate to don a uniform roughly 150 times per season.

Star-divide

Sanchez's campaign was infamously highlighted by a 5.86 BB/9 sting, but he missed a decent amount of time suffering from a bicep injury. Sanchez, when healthy, struck out 102 batters in 101 innings which means his stuff never disappeared even when in pain. He's always possessed high strikeout rates even while walking a fair share of batters and most importantly he's provided as a durable lefty with the ability to keep the ball in the park.

The most intriguing sign of this trade is the tandem of high-strikeout pitchers embedded in the Royals potential 2012 rotation. With Felipe Paulino, Danny Duffy and now Jonathan Sanchez the Royals won't have to rely on their defense as much as they've had to in the past. Another interesting factor that plays in to this whole post-trade scenario is the gap opened by Melky's departure. More than likely, Lorenzo Cain (free Lorenzo!) will head in to Spring Training with the job to lose, but you never know what kind of magic Dayton Moore will pull this off-season.

It would seem as though the Royals received the most upside in the trade, especially considering they also acquired Ryan Verdugo, and with the contracts of both players nearly equal it's probably fair to give the edge to the team not acquiring the replaceable outfielder coming off a career year. This isn't to excuse Sanchez and his excessive amount of walks, but after last year's performance his value can only get higher. Additionally, I had a chance to see the aforementioned Ryan Verdugo pitch for Richmond this year, and while he doesn't offer much upside due to his age and lack of stuff, he did K more batters than pitched innings.

Presumably, this trade wouldn't have been made if either didn't have an adequate replacement for the respective position. You see, the Giants will probably let Barry Zito battle with a few Spring Training invites and possibly the likes of Justin Fitzgerald or Dan Runzler for the 5th spot of the rotation while Kanas City has Lorenzo Cain ready to roll. I just fear that the Giants have too many Melky Cabrera types (i.e. Torres), and, if anything, could have received more for Sanchez should they had kept him until mid-season.

2 recs  |  3 comments

Comments

Good stuff, Dave

At the end of the day, this is a minor trade that happened in isolation, so it IS the news cycle. Plus it’s Sabean and Moore, and everyone likes to put their moves under the microscope.

Cabrera has a good chance to regress. He posted a career-high BABIP and his second-highest HR/FB ratio last year. Jack Moore and I were debating on Twitter whether he could maintain the latter. Even if he does (say, 10%), but his BABIP drops to .290 (actually above his 3-year average prior to this season) he could still be only a .316 wOBA guy. (Of course, part of that is his 66% success rate on steals—if that gets better so does his wOBA).

Granted, that’s not bad for San Fran, but to your point they need to stop stockpiling those sorts of guys. And with Melky, it’s not clear what you are getting defensively.

"after last year's performance his value can only get higher"

regression to the mean, a.k.a, “the dead cat bounce!”

Well, if there’s anything the Royals have shown, it’s the ability to get a pitcher to get his walks under control. Luke Hochevar, Tim Collins, and Aaron Crow, especially, were positively Twin-esque last year, amirite?

At least Sanchez won’t have to deal witih those pesky pitchers anymore…

But seriously, this is about as “even” a trade as you can find these days. Without going through all the numbers again, with regression and everything else taken into account, Melky and Sanchez are both guys who are probably 2 WAR players at best, and the projected salaries are close enough. If one wants to say one guy is a better value at the money, it’s Melky because of the lower salary and Sanchez’s injury issues, but the difference is small enough that a guy like Verdugo can make up the difference. I guess Giants fans were saying he profiles as a LOOGY at worst. Using my “home fans prospect valuation to reality conversion system,” that means his’ a LOOGY at best."

We should really talk about it on the upcoming podcast.

Definitely not Justin Fitzgerald..

Fifth starter is going to be Barry Zito, barring some kind of catastrophe.

Otherwise: Eric Surkamp, or maybe Dan Runzler. The other name that was talked about last year, but is gone now — Clayton Tanner. The organization really needs to expand its starting pitching depth…

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