{"id":11520,"date":"2015-11-09T11:11:27","date_gmt":"2015-11-09T16:11:27","guid":{"rendered":"http:\/\/www.nationalsarmrace.com\/?p=11520"},"modified":"2015-11-09T11:11:27","modified_gmt":"2015-11-09T16:11:27","slug":"qualifying-offer-analysis-nats-and-leaguewide","status":"publish","type":"post","link":"https:\/\/www.nationalsarmrace.com\/?p=11520","title":{"rendered":"Qualifying Offer analysis: Nats and Leaguewide"},"content":{"rendered":"<div id=\"attachment_6372\" style=\"width: 310px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/www.nationalsarmrace.com\/wp-content\/uploads\/2013\/04\/DesmondIan-ST2013-Drew-Kinback-natsnq.com_.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-6372\" class=\"size-medium wp-image-6372\" src=\"http:\/\/www.nationalsarmrace.com\/wp-content\/uploads\/2013\/04\/DesmondIan-ST2013-Drew-Kinback-natsnq.com_-300x214.jpg\" alt=\"Desmond gets a Q.O. Photo Drew Kinback\/Natsnq.com\" width=\"300\" height=\"214\" srcset=\"https:\/\/www.nationalsarmrace.com\/wp-content\/uploads\/2013\/04\/DesmondIan-ST2013-Drew-Kinback-natsnq.com_-300x214.jpg 300w, https:\/\/www.nationalsarmrace.com\/wp-content\/uploads\/2013\/04\/DesmondIan-ST2013-Drew-Kinback-natsnq.com_.jpg 620w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-6372\" class=\"wp-caption-text\">Desmond gets a QO. Photo Drew Kinback\/Natsnq.com<\/p><\/div>\n<p>Qualifying Offer (QO) extension time has come and past, and a <a href=\"http:\/\/www.mlbtraderumors.com\/2015\/11\/twenty-free-agents-receive-qualifying-offers.html\">record 20 players<\/a> received the 15.8M one-year contract tender for 2016.<\/p>\n<p>The Nationals, as has been typical, <a href=\"http:\/\/m.nationals.mlb.com\/news\/article\/156682826\/nationals-make-offers-to-desmond-zimmermann\">went the conservative route<\/a> and only gave a QO to the two players they expect to reach significant, multi-year deals.\u00a0 <strong>Jordan Zimmermann<\/strong> and<strong> Ian Desmond<\/strong>.\u00a0 They opted not to extend offers to their other 7 free agents, nor to the two guys who a\u00a0 year ago you would have thought to be locks to get one (<strong>Doug Fister<\/strong> and <strong>Denard Span<\/strong>).<\/p>\n<p>(coincidentally: am I the only one who thinks that the Nats actually have 9 free agents on their end-of-year 40-man roster?\u00a0\u00a0 Zimmermann, Desmond, Span, Fister, Uggla, McLouth, Janssen, Thornton and Johnson.\u00a0 Why is it that all the other stories I read only list the first 8?\u00a0 Is <strong>Reed Johnson<\/strong> actually not a FA?\u00a0 <a href=\"https:\/\/docs.google.com\/spreadsheets\/d\/1CUR_nqM9-YsnKaJt58vwn88LZkBoc58kbRcceZ71qBo\/pub?output=html\">Look at the Nats XLS on Cots<\/a>&#8216;; Johnson is absolutely listed as a FA, as are 6 others, plus the two with options that we&#8217;ve already declined.\u00a0 Am I wrong?)<\/p>\n<p>Anyway.\u00a0 I&#8217;m <a href=\"http:\/\/www.nationalsarmrace.com\/?p=11256\">on record as saying that the Nats should have extended 3 QOs<\/a> to include Span.\u00a0 Yet not for the first time, the team has opted not to offer a QO to a guy who clearly would have declined it.\u00a0 And this will be the third time they have made a crucial mistake as an organization and gave away a high draft pick needlessly.\u00a0 <strong>Edwin Jackson<\/strong> was always going to sign a multi-year deal and the Nats inexplicably failed to give him one.\u00a0 Same with <strong>Adam LaRoche<\/strong>, who clearly still had a market for his services and would have garnered another pick.<\/p>\n<p>I&#8217;m not sure exactly what <strong>Scott Boras<\/strong> seems to &#8220;have&#8221; on the Lerners &#8230; but not for the first time they&#8217;ve cut him a break and done him and his clients an inexplicable favor.\u00a0 So, what exactly do the Nats get out of this?\u00a0 Span should send the team management a fruit basket for not destroying his FA market this coming off-season.\u00a0 I&#8217;ve said it before and I&#8217;ll say it again: Span didn&#8217;t hire Scott Boras so that he could hand over a commission check on a gift of a $15.8M one year deal.\u00a0 Span was never going to accept that QO.\u00a0 Just dumb.\u00a0 But hey, it isn&#8217;t exactly the first dumb thing this front office\/ownership group has done this off<strong>\u00a0<\/strong>season&#8230;<\/p>\n<p>So, of the 20 players who did get a QO &#8230; the annual question remains.\u00a0 Will someone actually take it this year?\u00a0 Just as a reminder, here&#8217;s the <a href=\"https:\/\/docs.google.com\/spreadsheets\/d\/1UEiZzwWarVP3PfCtZeYTVBqC49dmBut21O7UhB17htQ\/edit#gid=610116512\">entire list of QO-offered players<\/a> since the system began, with their eventual contract offer and a judgement of whether or not the QO &#8220;hurt&#8221; their next contract.\u00a0 Eight in 2012, 13 in 2013, and 12 after last season.\u00a0 That&#8217;s 33 total players and so far NOT ONE has signed the deal.\u00a0 I&#8217;m still not entirely convinced that there&#8217;s not a Player&#8217;s Union-wide conspiracy going on where they decline the QOs en masse because they don&#8217;t agree with it for some reason.\u00a0 Certainly it seems like the next CBA will eliminate it, since it has clearly done little except harm the market for FAs.<\/p>\n<p>Here&#8217;s a quick opinion on the 20 guys who got QOs and what I think may happen (AAV = Average Annual Value on their contract):<\/p>\n<ul>\n<li><span style=\"color: #0000ff;\"><strong>Easily surpass AAV of $15.8M and get monster deals<\/strong><\/span>: <strong>Greinke, Heyward, Zimmermann, Upton, Gordon<\/strong>: All of these guys are marquee free agents, are the kind of guys you give up a pick to sign gladly, and will sign for significant money well eclipsing the QO AAV or guaranteeing a significant amount of money (like, in the $80M+ range).<\/li>\n<li><strong><span style=\"color: #0000ff;\">Will sign multi-year deals with significant money, even if AAV is &#8220;only&#8221; at or near $15.8M<\/span><\/strong>: <strong>Desmond, Davis, Iwakuma, Gallardo, Samardzija<\/strong>: I can see Desmond doing 4\/$60 or something like that in New\u00a0 York, I can see the two pitchers getting nice deals in the 3\/$45 range and I can see Davis banking a short high AAV deal.\u00a0 For me, even Samardzija&#8217;s 2015 decline won&#8217;t scare off some teams, especially teams out west in pitcher&#8217;s parks and especially since he could be a nice 2nd-tier deal of an arm once you get past the significant FA pitchers.<\/li>\n<li><span style=\"color: #0000ff;\"><strong>Might not get $15.8M AAV, but will sign for at least 2\/$25M or 3\/$40M or something<\/strong><\/span>: <strong>Lackey, Chen, Kendrick, Weiters, Anderson<\/strong>: Most of these guys probably take less AAV but guarantee more total cash, like several guys did last off-season.\u00a0 I&#8217;ll bet some of these guys re-sign with their current teams too (Anderson, maybe Kendrick, maybe Lackey too).\u00a0 The draft pick compensation likely scares off some teams here, so their market will be limited, but if a team has a protected first pick they might be ok giving up a second rounder for these guys.\u00a0 Or, a team like Washington, which will get two supp-1st picks, may be willing to give up its 1st rounder to just &#8220;drop down&#8221; 10-15 slots to sign these guys.<\/li>\n<\/ul>\n<p>So that leaves more than a few guys who might be crazy not to sign the offer sheet:<\/p>\n<ul>\n<li><strong>Rasmus<\/strong>: made just $8M this year; does anyone really think he&#8217;s getting significantly more in FA on an AAV basis?\u00a0 Plus, who is going to give up a 1st or even a 2nd round pick to sign him?\u00a0 And he hit just .238 in a hitter&#8217;s park.\u00a0 This seems like a &#8220;dare&#8221; move from the Houston front office, known in the industry to be just a bit too clever for their own good sometimes.\u00a0 As in, &#8220;I dare you to break with your union and take this deal.&#8221;\u00a0 If there really is some un-spoken agreement among players to never take a QO, he&#8217;s a great test case.<\/li>\n<li><strong>Fowler: <\/strong>Similar situation to Rasmus ($9.5M this year): he&#8217;s not the kind of guy you commit significant money to, is he?\u00a0 He does have value in a very small CF market, so perhaps you\u00a0 make the argument he belongs in the same conversation as Lackey or Kendrick.<\/li>\n<li><strong>Murphy<\/strong>: made just $8M this year and hit half as many homers in the post season as he had all year.\u00a0 So clearly he made himself some cash with his post-season exploits .. but enough to double his pay on an AAV basis?\u00a0 A shrewd move from the NY front office, pressing the issue here with Murphy.<\/li>\n<li><strong>Kennedy<\/strong>: $9.8M this year but has been awful.\u00a0 Might not even be a 5th starter, and has Scott Boras as an agent.\u00a0 Who&#8217;s giving up a 1st rounder to make him their 5th starter?\u00a0 Who&#8217;s signing him to a long term deal?\u00a0 Without the QO stigma, I could have seen him signing a 1yr\/$8M deal but not much else.\u00a0 How can he possibly not take this offer, a gift of a pillow contract to re-gain some value for next off-season?\u00a0 One reason: his agent.\u00a0 Is Kennedy going to be the next <strong>Stephen Drew<\/strong> or <strong>Kendrys Morales<\/strong>, who gets talked into hitting the open market by his aggressive agent only to find himself sitting until next year&#8217;s draft passes since nobody&#8217;s willing to give up a high round pick to sign him?<\/li>\n<li><strong>Estrada<\/strong>: he made just $3.9M in 2015 and has made just $10m TOTAL in his career, yet got offered $15.8M for next season after a breakout\u00a0 year in Toronto.\u00a0 Uh, why wouldn&#8217;t he take this QO?\u00a0 He&#8217;s on the wrong side of 30, would more than double his CAREER earnings with one stroke of the pen, and if he repeats his performance could get a 3-year deal taking him past age 35 to lock up his financial future.\u00a0 This is easily the craziest QO we&#8217;ve seen yet and will be the biggest test of the system.<\/li>\n<\/ul>\n<p>It just seems to me that this last group of players are either going to re-sign with their own team or are going to get really screwed in the open market.\u00a0 Look at that last group of 5 players and tell me who&#8217;s giving up a 1st round pick to sign them?<\/p>\n<p>Good further reading on the same topic:<\/p>\n<ul>\n<li><strong>Grant Brisbee<\/strong>&#8216;s analysis of who is getting &#8220;<a href=\"http:\/\/www.sbnation.com\/mlb\/2015\/11\/5\/9676724\/mlb-free-agent-rumors-qualifying-offer\">hosed<\/a>&#8221; by the QO this year.<\/li>\n<li><strong>Buster Olney<\/strong>&#8216;s <a href=\"http:\/\/espn.go.com\/blog\/buster-olney\/insider\/post?id=11574\">list of seven players<\/a> who may accept the QO this year<\/li>\n<li><strong>Ken Rosenthal<\/strong> with an <a href=\"http:\/\/www.foxsports.com\/mlb\/just-a-bit-outside\/baseball-joe\/blog\/will-this-be-year-a-free-agent-finally-accepts-qualifying-offer-110715\">editorial about the state of the QO<\/a> system.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Qualifying Offer (QO) extension time has come and past, and a record 20 players received the 15.8M one-year contract tender for 2016. The Nationals, as has been typical, went the conservative route and only gave a QO to the two players they expect to reach significant, multi-year deals.\u00a0 Jordan Zimmermann and Ian Desmond.\u00a0 They opted [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,5],"tags":[184,804,868,363,1217,1030,174,1005,1859,482,2903,241,253,1563,2055,1940,114,243,1661,306,43,425,312,1568,1336,2589,1208,2986,2103,841,180,1014,366,1029,1251,254],"class_list":["post-11520","post","type-post","status-publish","format-standard","hentry","category-nonnatsbaseball","category-natsgeneral","tag-adam-laroche","tag-alex-gordon","tag-brett-anderson","tag-buster-olney","tag-casey-janssen","tag-chris-davis","tag-colby-rasmus","tag-dan-uggla","tag-daniel-murphy","tag-denard-span","tag-dexter-fowler","tag-doug-fister","tag-edwin-jackson","tag-grant-brisbee","tag-hisashi-iwakuma","tag-howie-kendrick","tag-ian-desmond","tag-ian-kennedy","tag-jayson-heyward","tag-john-lackey","tag-jordan-zimmermann","tag-justin-upton","tag-ken-rosenthal","tag-kendrys-morales","tag-marco-estrada","tag-matt-thornton","tag-matt-weiters","tag-mike-rizzot","tag-nate-mclouth","tag-reed-johnson","tag-scott-boras","tag-stephen-drew","tag-ted-lerner","tag-wei-yin-chen","tag-yovani-gallardo","tag-zack-greinke"],"_links":{"self":[{"href":"https:\/\/www.nationalsarmrace.com\/index.php?rest_route=\/wp\/v2\/posts\/11520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationalsarmrace.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationalsarmrace.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationalsarmrace.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationalsarmrace.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11520"}],"version-history":[{"count":8,"href":"https:\/\/www.nationalsarmrace.com\/index.php?rest_route=\/wp\/v2\/posts\/11520\/revisions"}],"predecessor-version":[{"id":11537,"href":"https:\/\/www.nationalsarmrace.com\/index.php?rest_route=\/wp\/v2\/posts\/11520\/revisions\/11537"}],"wp:attachment":[{"href":"https:\/\/www.nationalsarmrace.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationalsarmrace.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationalsarmrace.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}