Nationals Arm Race

Ramos may be the toughest off-season decision the team makes. Photo via wp.com

Another year, another playoff failure.  Beat it to death already.  Time to move on.

Lets talk about the post-season “To Do” list is for the Nats.  We’ll have eventual posts to talk about other stuff, like Tender decisions, 40-man decisions ahead of the Rule5 draft, etc.

In this post, we’ll squint at the overall roster, look at blatant holes that will need filling, and discuss how they might get filled.  Call it the cliche’s “General Manager for a day” post for the Nats this coming off-season.

Pending Free Agents we are waving good-bye to and the holes they thus leave (as per the invaluable Cots site at BaseballProspectus):

• Mark Melancon: though i’d love to re-sign him … see later in the post.
• Wilson Ramos: his injury is a shame for both player and team; he likely lost $50M in guaranteed FA money and the team lost a clear QO-compensation pick.  He may not even be able to catch again, which dumps him to the AL, where his market is significantly cut thanks to the lessening of demand for bat-only DH types.  Ramos is in serious career jeopardy right now; would he decamp back to the Nats on some sort of minimally guaranteed deal with performance incentives?
• Stephen Drew: also one I hope re-signs; see later in the post.
• Chris Heisey: one who I think is replaceable; look for another cattle call for RH bat options this coming spring training.
• Matt Belisle: despite not making the NLDS roster, he was great for Washington this year and is worth another contract.
• Mark Rzepczynski: He’s been very effective for us, and overall had a good 2016.  His 2015 was awful, but he was good before that.  Such is the life of specialist relievers.
• Sean Burnett and Mat Latos: both given Sept 2016 tryouts; neither seem likely to be retained.
• Jonathan Papelbon: worth mentioning if only for the payroll flexibility.

Total payroll “savings” from these FAs: roughly $22M.  Papelbon’s $11M, Ramos’ $5.3M and the rest total about $6M.

Guys who I think are clear Non-Tenders (probably a topic worth its own post).

• Yusmeiro Petit: $3M option with $500k buyout for 2017; pitched poorly in 2016, didn’t make the post-season roster and should be replaceable on the roster by any number of our AAA starters.
• Ben Revere: $6.25M salary this year, due an arbitration raise for 2017; struggled badly in 2016, lost his job to a guy who had about 2 week of CF experience and didn’t make the post-season roster.
• Aaron Barrett: as heartless as it would be; he’s arb-eligible, still hurt, not likely to be ready by opening day and is completely replaceable as a RH middle reliever).

Total savings from these non-tenders: roughly $10M

Guys who I think its Time to Trade and the holes they thus leave.  This also may be worthy of its own whole post.

• Gio Gonzalez: I think the Nats can take advantage of a historically weak FA market for starters and Gio’s very friendly contract (two $12M options for 2017 and 2018) and move him.  Yes he struggled this year, but if you look at what middle rotation innings eaters like him are getting these days, $12M is a bargain and he should fetch something we value.  Moving him lets some of the guys who are clearly biting on the heels of a deserved rotation spot earn it for 2017 and thus the Nats “save” $11.5M in salary for the 2017 roster.
• Danny Espinosa: As much as I have argued against this, his 2017 playoff performance has solidified in my mind the need to move him.  He has his pros (a plus defender range wise, perhaps the best SS arm in the game, and serious power for a SS) and his cons (he hit just .209 this year, he strikes out at about a 30% clip, and his switch hitting capabilities are really in question).  Nonetheless, there has to be some demand for a 25-home run capable plus defender SS in a lineup that can afford one crummy batting average at the bottom of the order.  Perhaps an AL team that doesn’t have to also bat a sub .200 BA pitcher.

Total savings from these guys getting moved (not counting payroll received in return of course): $15-$16M.

So, adding up all three lines, assuming a steady payroll ceiling similar to this year’s and not counting arbitration raises (or Strasburg‘s new contract), you’d have roughly $47M with which to work.  Not bad.  Strasburg’s new contract will take $5M away from that flexibility (he made $10M last year, will make $15M next) and arbitration raises for Harper, Rendon and Roark will cost some cash, but that’s a post for another day.  Lets call it $30M in available FA dollars when all is said and done.

So, assuming you’re even reading this far and havn’t already started commenting and arguing about that list of players, here’s the presumed holes that losing these 10 players leaves (in order of mention above):

• Closer
• Starting Catcher
• Backup Utility Infielder
• Backup RH bench bat/corner outfielder
• 6th/7th inning RH reliever
• Loogy
• Long Man/Spot starter/7th guy out of the pen
• Backup Outfielder (CF capable)
• Another 6th/7th inning RH reliever
• #5 Starter
• Starting Shortstop
• (and not really counting the “loss” of Burnett and Latos for this discussion)

If we just filled these holes internally, what would it look like?

• Closer: Make Shawn Kelley the closer and move up Treinen and Glover to be 8th inning guys.  This leaves a hole later on in the pen for the middle RH relievers (see below)
• Starting Catcher: promote Lobaton to starter and install Severino as the backup.  Or switch them; honestly I like Severino’s at-bats; he looks confident.  I don’t think Kieboom is ready for the show, so it makes sense to tender Lobaton for one more year.
• Backup Utility Infielder: Difo becomes the first go-to guy to backup Turner/Murphy, but we’ll still need another utility guy.
• Backup RH bench bat/corner outfielder: not much internally to go to; both the 2016 AAA and AA rosters are basically bereft of decent hitting prospects who might be candidates.  We’ll be trolling the FA market here for sure.  See the next section.
• Two 6th/7th inning RH relievers: We have Gott and Martin on the 40-man; they could step up to replace these two guys like for like.  Right now we have five RH relievers under contract for 2017 (Kelley, Treinen, Glover, Gott and Martin) to go along with two lefties (Solis and Perez); that’s not too bad of a bullpen to start out with, but could be improved.  And this lineup doesn’t “really” have a long man, so you’d have to think one of Gott or Martin is in AAA to make room for a long-man (likely Martin at this point).
• Loogy: its arguable whether we need another lefty with both Solis and Perez under contract, but they went most of the year this year with three.  Matt Grace is still on the 40-man and would be an internal option.
• Long Man/Spot starter/7th guy out of the pen: loser of #5 starter competition (see below)
• Backup Outfielder (CF capable): Michael Taylor, in what likely is his ceiling from here forward.
• #5 Starter: have Sprint Training 2017 tryouts for the #5 starter between Lopez, Giolito, Cole and even Voth (who I’m assuming by that time will be on the 40-man, protected ahead of this coming off-season’s Rule-5 draft).  The winner is #5 starter, and one of the losers could be the long-man (well, if the loser is someone like Cole or Voth, who aren’t nearly as “big” of a prospect as Giolito).  There’s also the distinct possibility that Lopez’s arm is turned into a closer at some point if he can’t turn over lineups.  Check out Lopez’s 2016 splits, specifically SP versus RP and specifically the “Times Facing an Opponent” during the game; as a starter he struggles with the first time through the order, but not as a reliever.
• Starting Shortstop: move Trea Turner to his natural position, leaving a hole in Center.

So, with my “all internal” fill-ins, your 25 man roster for 2017 looks something like this:

• Starters: Scherzer, Strasburg, Roark, Ross, Lopez
• Relievers: Kelley, Treinen, Glover, Gott, Solis*, Perez*, Cole
• Catchers: Lobaton, Severino
• INF Starters: Rendon, Turner, Murphy, Zimmerman
• INF backups: Difo, Robinson
• OF Starters: Werth, Harper
• OF Backups: Taylor, Goodwin

And we’re missing one-two spots that don’t really have natural in-house replacements: another backup infielder and a starting Center fielder.

So, looking at that 25-man roster, where do we see areas of need?  This feeds directly into the Off-season Priorities in the next section.

Quick diversion: Notice I didn’t say what position Bryce Harper is playing.  Honestly, if Turner is vacating CF and we’re waving good-bye to Espinosa, then I think you have to put Harper in center.  Here’s my main arguments for putting him in center (most of which are “anti-arguments” for those who for some reason think he cannot play center):

1. He’s young.   He just turned 24 for crying out loud; there’s no reason he doesn’t have the youth or athleticism to handle center.  Mantle did it while hitting for power.  So did Mays.  So did Griffey Jr and Aaron for the early part of his career.  Trout plays center.
2. He’s got the arm (he has the 2nd best statistically rated arm in the majors in 2016), he’s got the speed (21 Stolen bases this year).  And now he has years of OF experience on which to depend.
3. He’s played there before and played well.  Here’s his career fielding stats from fangraphs.com: He had more than 700 innings in CF in 2012 and played it to a fantastic UZR/150 figure of 19.1 and 13 DRS.  He was also great there in more limited sample sizes in 2013 and 2015.  I leave out 2014 since that was his injury season and its clearly skewed as compared to his other seasons.
4. By putting Harper in Center, you vastly open open up the roster possibilities on the FA market.  Look at the pending FA last at mlbtraderumors.com and compare/contrast the available options at CF versus LF/RF.

Top FA/Trade Priorities in 2016-2017 Off-season

Fantasy: I view these as not really possible but are listed as “fantasy” wish lists.  Both fixate on moving unmovable contracts, so they’ll probably remain fantasies.

• Upgrade 1B: dump Zimmerman and upgrade offensively at that position.
• Upgrade LF: dump Werth and the last year of his deal and find a LF-capable bopper.
• Acquire a leading CF: back up the farm system and dump it out for a leading center fielder.  Charlie Blackmon or Andrew McCutchen are names often mentioned thanks to the precarious position their teams face.  Mike Trout is the funny name you also hear since he’s so good he’s virtually untrade-able.  Unlike Tom Boswell, and as discussed in comments here before, re-signing Ian Desmond to man CF poorly would not be my first choice either.  I’d rather go with my “Bryce to Center” plan as laid out above.

Reality

• Corner Outfielder.   See above Harper->CF logic.  If you want to splurge (and hurt your #1 divisional rival) sign Yoenis Cespedes.   Or you could make a big splash and sign Jose Bautista to a 3-yr deal that ends the same time Harper hits FA.  Werth remains serviceable in left, where he is mitigated defensively while Bautista still has value in RF.  This is where I could see a big chunk of the $30M of FA dollars going.  Lord knows we could use another clutch hitter in the middle of the order.
• Closer: Above I said i’d love to re-sign Melancon, but more and more it seems like he’s going to be the 4th prize in a 4-closer musical chairs race.  And he’s gonna get paid.  And I’m not sure that the Nats are going to pay him.  Per the same previously mentioned FA list there’s 5 “active” closers hitting FA: Melancon, Wade Davis, Aroldis Chapman,  Kenley Jansen and Sergio Romo There’s a whole slew of guys who are FA who are former closers though, names like Andrew Bailey, Joaquin Benoit, Santiago Casilla, Neftali Feliz, Jason Grilli, Greg Holland, J.J. Hoover, Jonathan Papelbon (haha, just making sure you’re still reading), Joe Smith, Fernando Salas, and Brad Ziegler.  There’s probably even more frankly; these were just the ones who stood out as I read the list.  Now, i’m not saying most of these guys are legitimate options, but some of these guys were perfectly good as closers and got “layered” by better closers.  Take Ziegler for example: he was just fine for Arizona for a while, then got moved to Boston where he got demoted to 8th inning duties.   I’d take him as a late-innings bullpen option.  
• Bullpen arm: middle reliever: Now, all that being said about Closers, I think maybe what the team does is install one of their existing options as “the closer” and then maybe  hire one of these former closers to be an 8th inning/emergency closer kind of guy.  That’s essentially what they got last year with Shawn Kelley and that’s worked out ok.  I’d go after some of the ex-closer guys listed above, try to get them on an affordable deal (like halfway to closer money maybe) and that’d help off-set the losses of Melancon and Belisle.
• Veteran utility infielder: as noted above, there’s not much in the farm system here.  If you keep Espinosa and put him in this role, then this is moot .. but we’ve read over and again about his disposition when he’s not playing.  This is kind of why I think we need to move him.  He’s more valuable in trade than he is in this bench role.  I hope the team re-ups with Stephen Drew honestly; he was solid, can cover all infield positions as needed, and can probably be had for a similar deal as last year.  I’d be happy with Difo and Drew and wouldn’t be opposed to perhaps another veteran utility guy to pair with Drew and compete with Difo if we don’t think Difo is up to the task.

Less Likely:

• Backup LF/IB bench bats: While I like Robinson and I think Heisey did a good job this year, one struggled and the other is a FA with no guarantee of returning.  I absolutely expect to see another spring training cattle call of veteran bats of the LF/1B type to compete for roster spots.  I’m appreciative of Goodwin‘s completely unexpected line at the plate upon his call up; do we think he’s a better lefty bat option off the bench than Robinson?  I’m not sure.  I also sense (based on anecdotal evidence read over the years) that Robinson is a clubhouse and teammate favorite, which might make it tougher to cut him when the time comes.  Especially with a player’s manager type like Dusty Baker.  I know this is where MartyC will cry about Matt Skole (likely to depart in MLFA this coming off-season) and I understand; its all about potential versus production and Skole never produced enough during these annual spring training “tryouts” to win his spot.
• Catcher: Here’s where the most arguing may occur.  I’m of the belief, after watching Severino down the stretch, that he could slide right into the starting spot right now.  I thought he looked good at the plate, took confident at-bats, never looked over matched, and (here’s the kicker) *puts the ball in play!*   This lineup has too many strikeouts; Severino struck out just 3 times in his 34 PAs down the stretch.   That correlates to about 50 punch-outs over a 600-plate appearance season; that’s awesome.  He was known for years for his defense, not his bat, so if he can provide even competent ABs he could be a starter.  So i’m up for saving money on the FA market (where the catcher ranks are thin and the prices will get bid up badly as a result).  Now, I could absolutely see us re-signing Wilson Ramos to an incentive-laden deal to keep him in house and hopefully get a good second half out of  him.  Why not?  If he signs for $5-6M (basically his salary this year) and then has games played incentives that could take him up to $7 or $8M why wouldn’t he do that here instead of elsewhere?   We go into the season with Severino and Lobaton with Kieboom in AAA and when Ramos shows up we (finally?) cut bait on Lobaton and have the two remaining guys platoon.  I’d be onboard with that plan.
• Loogy: Why spend money here?  Solis and Perez ably fill the need.  Do we need a third lefty in the pen at the expense of one of the aforementioned righties?  I liked Rzepczynski this year; would he re-sign for reasonable dollars?  Would you want him back?  There’s several interesting names on the FA list; maybe one of them can be had for cheap.

What can we get in Trade versus buying on the FA market?   Payroll implications?

• I suspect that Gonzalez can fetch some seriously valuable resources.  He’s an innings eating 4th starter who probably thrives in a pitcher’s park and is significantly less expensive at $12M/year than what something comparable costs on the FA market this year.  So can he fetch maybe one MLB-ready player that fits a need above plus maybe one decent prospect?  Is that too much?
• Espinosa probably fetches less, unless you can get a GM to fall in love with his power/defense combo and somehow miss his BA and his K rate.  By way of comparison, Yunel Escobar (a lesser defender with less power but more contact) fetched us two upper-level pitching prospects in Trevor Gott and Michael Brady (by upper-level I mean AA/AAA level, not top 100 prospects).  I’d guess that Espinosa could fetch a bit more since he plays a premium position.  So that could end up being more of the needs above plus maybe an additional prospect.

But who knows what we can and cannot get.  In Mike Rizzo we trust when it comes to trades; no matter how much we bitch about prospects heading out the door, you’re really hard pressed to find a trade where Rizzo got the short end of the bargain or “lost” the deal.  So lets see what he can do.

Payroll implications.  I think we could get a $20M/yr corner OF slugger, a former closer at like $6M/year, resign Ramos at $5M, find a utility infielder in the Drew $3M/year range, and then sign a couple of guys to $1.25M conditional deals like what Belisle and Heisey got and fit right into the $145M payroll budget, even after arbitration raises.

Well; that’s a lot to argue about.  Maybe I should have split this up.  But let the discussions begin!

(did I forget anyone?)

Davey Johnson can’t get this team in gear. Is it time to go? Photo Getty via mlb.com

I know this is blasphemous to say.

I know it’ll never happen, not under this GM and not under this ownership group, both of whom have far more respect for Davey Johnson than to give him such an ignominious end to his time here.

And I know that Johnson is as good of a manager as is out there.  I may have been critical of his decisions here and there (especially related to yanking starters on low pitch counts), but I recognize he’s a Hall of Famer and cannot argue against his career accomplishments.

But I’m beginning to believe that the only way to shake this team out of its current malaise is to change the message coming from the top.

They tried demoting players who weren’t hitting (Danny Espinosa, Tyler Moore).   They’ve tried calling up their best remaining prospects (Anthony Rendon, Nathan Karns and Taylor Jordan).  They’ve tried cleaning house of underperforming relievers (Henry Rodriguez, Zach Duke, and Drew Storen).  They’ve tried changing key staff (firing Rick Eckstein).  They’ve tried ridiculous lineups (your best power hitter Bryce Harper leading off??)   Nothing has made a difference; the team has basically been playing .500 ball for weeks and weeks now.

For whatever reason, this team of players, picked by every baseball pundit out there to make the playoffs and by a good portion to make it to or win the World Series, is now 10 games out of of the divisional lead.  They’re 10 games back of Atlanta, which themselves has only played .500 ball since mid April after a 12-1 start.  The Nats just finished June and July playing 50 games in a row against teams that missed the 2012 playoffs (perhaps not the best bench mark, since Pittsburgh has the best record in baseball this year, but still), and finished the stretch 5 games south of .500.

The team looks like its sleepwaking through games.  They look like they have no voice, no spark, no sense of urgency.  No leadership.

The trade deadline won’t help at all; the Nats have practically no tradeable assets.  Their only FAs to be are Dan Haren and Chad Tracy.  Kurt Suzuki has a 2014 option that clearly won’t be exercised, so he counts too.  But who is out there lineing up for these 3 guys?  Meanwhile, despite their offensive woes, there’s really not a spot on the field that can be improved through trade.  Go around the field and you’ve got players on deals that at least extend through 2014 (LaRoche and Span), or  you’ve got guys on major contracts (Zimmerman and Werth) or you’ve got cornerstone younger players (Harper, Ramos, Desmond and Rendon).  Who are you going to replace?  Maybe you think about trading Rafael Soriano (after all, the last thing a losing team needs is a high-priced closer) but a quick glance at the teams in playoff contention does not easily find a team in need of a closer (the best candidate may be Pittsburgh, who just lost their closer Jason Grilli to a forearm injury, but they’re not exactly rolling in dollars nor likely to take on an $11M/year guy).

Maybe its time to bring in a new voice, and see if he can scare this team into an August and September run.

Sorry Davey; you know how the old saying goes.  You can’t fire 25 players, but its pretty easy to fire the manager.

Mariano Rivera’s success has led to a generation of closer-chasing in MLB. Photo wikipedia

One of the mantras we hear from Fantasy Baseball experts is “Don’t chase Saves.”  Closers are so hit-or-miss in this league, that on draft day trying to chase mediocre closers usually turns into wasted draft picks as these guys frequently get hurt or under-perform and get replaced.  Well, its not that much better in “real” baseball, where teams best laid plans for closers often backfire mightily.

In fact, check out this link on RotoAuthority.com, which charts the Opening day and Closing Day 2012 closers for all 30 teams.  In summary:

• Only 10 of the 30 MLB teams kept the same closer wire-to-wire.
• 14 of the 30 teams had a different guy in the closer role by season’s end.  That’s half the league!
• The other 6 teams had the same guy at season’s start and end, but went through personnel changes in between.  This includes our own Nats, who started with Drew Storen, he got hurt, Tyler Clippard took over and stayed in the role after Storen got back, then Clippard melted in September and Storen took back over the role.

By my observations, as of June 15th 2013 here’s the same stats for this year:

• 22 of 30 teams have same guy as start of season
• 8 teams have already made a switch (Boston, Detroit, Arizona, Oakland, Chicago Cubs, Cleveland, St Louis, Los Angeles Dodgers)

So what’s the point here?  Teams need to re-think they way they grow, acquire and pay for “Saves.”  Lets look at how far one particular organization has gone “Chasing Saves” and pursuing a Closer.  I present you the Boston Red Sox, normally considered a very forward-thinking, analytical organization but which seemingly has a very large blind spot for the mytical “shutdown closer” position.  As of the publishing of this article (June 14, 2013):

• Current Closer: Andrew Bailey, for whom they traded 3 players to the Oakland A’s in 2011 to obtain.  Two minor league prospects and one Josh Reddick, who hit 32 homers last year.
• Acquired last off-season to be their 2012 closer: Mark Melancon, for whom they traded two good prospects to the Houston Astros in 2011; Jed Lowrie and Kyle Weiland.   Lowrie is now posting a nifty 126 ops+ for the Athletics (to whom he was flipped by Houston for even more prospects).  Melancon had two bad outings at the beginning of 2012, was banished to the minors and eventually flipped for ….
• Former 2013 closer: Joel Hanrahan, for whom they traded 4 players to the Pittsburgh Pirates last December.  Including Mark Melancon, who is repaying the Pirates for their patience in him by posting a .072 ERA in 25 innings thus far this year.  Hanrahan just had Tommy John surgery and is out for at least a  year.
• [Post-post update]; By the end of June, Bailey allowed 4 homers in 5 games, hit the D/L and on July 22nd was announced as undergoing season-ending surgery. and is being replaced by … somebody.  By Mid July it seemed clear that it was Kenji Uehara, a free-agent signing last off-season.  So for all their trades, they end up using a minor FA signing as their closer.

So for the record that’s 9 guys traded away (including at least two effective hitters) in the past two off-seasons to chase one (in my opinion) relatively meaningless statistic.  And basically all they have to show for it is Andrew Bailey no longer pitching the 9th for them.

Of course, maybe the joke’s on me, since the Red Sox are in first place at the time of this writing.

But for an organization that used to be known for doing smart things (including the smart move of allowing long-time closer Jonathan Papelbon be overpaid by someone else on the FA market), these moves are just dumb.   Find a hard throwing guy in your system, make him the “closer,” repeat as necessary.  That should be the strategy.

And oh, by the way, I don’t exempt our own team from this.  Rafael Soriano was an unneeded purchase who (as we’ve seen by the unwarranted shot at Bryce Harper) could be more trouble than he’s worth.  But hey, its not my money right?  At least the Nats didn’t trade good prospects to acquire him (like Boston has done over and again).

This argument leads into an oft-repeated discussion in this space about the ridiculousness of the Save statistic and how frequently closers are preserved for “Save Situations” despite their leverage rating.   Lets look at a couple of very specific mathematical arguments against overpaying for closers:

1. Joe Posnanski and others have shown how useless closers are.  Teams are winning games at basically the same percentage now in the closer era that they were 50 years ago, without highly paid specialized closers.  Some quick percentages:  For the latest decade teams won 95.2% of games in which they led going into the 9th.  In the 60s, 70s and 80s that same percentage varied between 95.6-94.8%.   Can someone explain to me how the proliferation of highly paid closers in the last 20 years of the game has basically helped teams …. win the exact same number of games they used to before closers, matchup bullpen roles and Loogys existed??

2. Any old mediocre reliever is going to end up being a relatively effective closer.  Proof?

Lets say an average reliever has a 4.50 era or so (which in today’s game frankly is a stretch, given what we’ve talked about before and the advantages that relievers have over starters; they can go max effort for shorter time periods and they don’t have to face batters more than once).  That means he gives up one run every two innings.  Now lets say that you used this pitcher with his 4.50 era in every closing situation you face in a given year.  A save situation can be a lead held by 1, 2 or 3 runs.

So, out of these three scenarios your 4.50 ERA pitcher can give up his run every other start and still “save” 5 out of 6 games.

• 1 run lead: gives up 0 runs; save
• 1 run lead; gives up 1 run: blown-save
• 2 run lead: gives up 0 runs; save
• 2 run lead: gives up 1 run: save
• 3 run lead: gives up 0 runs: save
• 3 run lead: gives up 1 run: save.

And then even in those blown-save situations, extra inning affairs are basically coin flips anyway historically, which means that teams are going to win half those games anyway.  So you’re basically going to win 5.5 out of every 6 games.   5.5 out of 6 is 91%.  So historically even my normal case scenario undervalues the ability of teams to win these games.

And this scenario really undervalues what kind of reliever you’re actually going to put into the role.  Every team has a handful of relievers in their bullpen with ERAs in the 3-3.50 range; that’s 1-1.5 runs better than my “mediocre pitcher” example over the course of a couple weeks (assuming closers get about 9 innings of work every two weeks).  With even this marginal improvement you’re going from 91% to closer to the historical 94-95% of games won.

Want some more food for thought on closers?   Here’s your current top 5 closers in the league by number of saves, along with their acquisition method, salary and general statement about their careers thus far:

1. Jason Grilli – 23 Saves.  36yrs old.  $2.25M.  He was flat out released in July 2011 by Philadelphia and signed as a Minor League FA by Pittsburgh.  He’s a 36 year old journeyman on his 7th pro organziation with a 106 career ERA+.
2. Jim Johnson – 23 saves.  30yrs old.  $6.5M.  He’s a home-grown middle reliever thrust into the closer role last year when the O’s got fed up with FA closer Kevin Gregg.
3. Mariano Rivera – 23 saves.  43yrs old.  $10m, taking a discount from his $15M/year deals since 2008 b/c of knee issue.  Home-grown player who converted to relief after bombing out as a failed starter at age 25.
4. Joe Nathan – 20 saves.  38yrs old.  $7M, taking a discount from his last contract value of $11.25M/year after significant arm injury.   Failed starter with San Francisco, traded to Minnesota in the AJ Pierzynski deal and has flourished as a closer.
5. Addison Reed – 19 saves.  24yrs old, $520k (20k above MLB minimum).  3rd round draft pick by the White Sox out of San Diego State, where he was a career relief pitcher after not having ever pitched until his Junior year of HS.

The next few guys are Kimbrel (655k), Mujica ($3.2M).   But you’ve also got guys out there closing like Wilhemlsen, who didn’t even make the majors until he was 27 and was out of the game working as a bartender for 6 years.

The point?  You shouldn’t pay for a high end closer; you find someone internally who looks like a good option on the cheap and go with them.  You can find someone in your farm system, or on waivers, or working in a bar who can be an effective closer.  Find someone who can throw 1mph for 20 pitches a few nights a week; they’re going to give you as good of a chance to win as throwing the last guy out of the bullpen out there with a 3 run lead in the 9th.

One last bit of observation:  Lets look at Dennis Eckersley‘s career.  As a starter: good, not amazing.  A couple years with a smattering of Cy Young votes.  One 20-game winning season but another season where he 9-13 with a 5.61 ERA.  He converts to a closer and immediately his ERA plummets, his K/9 jumps up, his ERA+ numbers rise to stupid levels.  One year (1990) as a 35-yr old he allowed just 5 earned runs and just 3 unintentional walks on the year through 73+ innings.

That’s a lot of loosely tied together points to my main theory: If I were the GM of a team, the absolute last thing I’d pursue on the FA market was a high-priced closer.  I don’t think the “closer” role is going away (players know that Saves translate to Dollars in arbitration and on the FA market), but I’m hoping we’ll see less Dusty Baker-esque management techniques and more Joe Maddon.