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Entries in contract extension (8)

Sunday
Aug192012

Cubs Commit to Starlin Castro

The Chicago Cubs are reportedly on the verge of signing Starlin Castro to a seven-year, $60 million contract extension that includes an option for the 2020 season that could push the total value of the pact to $76 million.

Still just 22 years old, Castro has drawn the ire of manager Dale Sveum for occasionally spacing out on the field. Others wonder whether he can stick at shortstop long term, though he has seemingly made some progress using his strong-but-errant arm). But despite those concerns, Castro's performance at such a young age stands out. Among shortstops getting at least 1,500 plate appearances from age 20-22, Castro's 104 OPS+ bests the likes of Alan Trammell (97), Robin Yount (92) and Edgar Renteria (84). In fact, the only shortstops meeting those criteria who fared better are all-time greats Rogers Hornsby (153; he shifted to 2B), Alex Rodriguez (139), and Arky Vaughan (137).

Just what type of hitter Castro will become in his prime years remains an open question. There are two competing trends manifesting at the plate for the Cubs shortstop -- one pushing him toward potential stardom, the other constraining his progress. Castro is gradually tapping into his power potential, putting more pitches in the air and hitting to the pull side more often. But he's also giving away some ABs with a Soriano-sized strike zone.

Castro didn't show much pop as a 20-year-old rookie back in 2010, hitting three home runs and posting a .108 Isolated Power (ISO) in 506 plate appearances. He didn't really hit many pitches skyward, as you can see by comparing his fly ball rate by pitch location to the league average: 

League Avg. Fly Ball Rate by Pitch Location

 

Castro's Fly Ball Rate, 2010

 

Castro hit a fly ball a little less than 27% of the time he put a pitch in play, well under the 36-37% MLB average. He began to trade some grounders for fly balls in 2011, raising his fly ball rate to 31%. Castro's homer total climbed to ten, and his ISO increased to .125 in 715 PA:

Castro's Fly Ball Rate, 2011

 

This year, Castro's fly ball rate sits at 34%. He has gone deep 12 times already in 508 PA, and his .148 ISO ranks seventh among qualified shortstops. Castro's lofting most anything thrown upstairs:

Castro's Fly Ball Rate, 2012

 

He's also pulling the ball a little more, with his percentage of pitches put in play to left field rising from 41.1% in 2010 to 43.3% this season. But while the 6-foot, 190 pounder is hitting more forcefully, he's also turning into a hacker.

Castro was a little more jumpy than most hitters in both 2010 and 2011, chasing about 32% of pitches thrown outside of the strike zone (28% MLB average). Comparing his swing rate by pitch location to the league average, he lunged at a bunch of low pitches as a rookie (contributing to that low fly ball rate) and swung at lots of inside pitches in 2011:

League Avg. Swing Rate by Pitch Location

 

Castro's Swing Rate, 2010

 

Castro's Swing Rate, 2011

 

In his third MLB season, Castro has taken that tendency to swing on inside stuff to the extreme:

Castro's Swing Rate, 2012

 

Going after so many inside offerings, Castro's overall chase rate has spiked to slightly over 37%. That's eighth-highest among qualified hitters, topping teammate and noted hacker Alfonso Soriano. And, as we noted last week, many of Castro's chases are on truly awful pitches.

As one might expect from a player thrust into the majors at 20 with scarce experience in the upper levels of the minors, Starlin Castro remains raw. But for all the consternation, Castro has managed to perform at an above-average level -- a level some future multi-time All-Stars and Hall of Famers didn't reach -- at an age when most players are sharpening their skills in high Class-A ball. He's exciting. He's exasperating. And his development may be the biggest factor in how quickly the Cubs climb from the depths of the NL Central standings.

Thursday
Jul122012

Encarnacion Cashes in on 2012 Power Surge

Stop me if you've heard this one before: A seemingly unremarkable major leaguer, cast off by other clubs, is enjoying an out-of-his mind power year at age 29 in Toronto. Edwin Encarnacion's slugging exploits this season might not be on par with Jose Bautista's. But the once-reviled "E5," who entered 2012 with a career .453 slugging percentage and a homer every 23 at-bats, is ripping pitchers for a .565 slugging percentage at a big fly every 13 at-bats. That power has earned Encarnacion a three-year, $27 million contract extension with a $10 club option for the 2016 season.

The biggest difference for Encarnacion in 2012 is his slugging on outer-half pitches. Check out his slugging percentage by pitch location in 2011, and then this year:

2011

 

2012

 

Encarnacion slugged .425 against outer-half pitches in 2011, not far from the .413 MLB average for qualified batters. This year, though? He's slugging .598, which ranks fourth among all hitters:

Highest slugging percentage vs. outer-half pitches, 2012

BatterSlugging Pct.
David Ortiz .629
Carlos Gonzalez .610
Andrew McCutchen .602
Edwin Encarnacion .598
Robinson Cano .568
Jason Heyward .567
Shin-Soo Choo .563
Dexter Fowler .550
Carlos Ruiz .546
Josh Hamilton .545

 

Encarnacion likely hasn't suddenly morphed into one of the game's premier power hitters (ZiPS projects he'll slug .491 during the second half), but the contract hammered out by Blue Jays GM Alex Anthopoulos doesn't value EE as such. If Encarnacion retains some of his slugging gains and the damage done by his iron glove is limited, this should end up being a deal neither side regrets.

Tuesday
Jun122012

Dodgers Extend Ethier

The Dodgers are reportedly close to announcing a five-year, $85 million contract extension with outfielder Andre Ethier with a vesting option that could push the deal's total worth to $100 million. Fully healed from a right knee injury that required season-ending surgery last September, Ethier is enjoying a resurgent season at the plate. He sits just one home run shy of his 2011 total (11), and his slugging percentage has climbed from .421 to .509. But while Ethier has bounced back by bashing breaking and off-speed stuff this year, this deal could turn into a boondoggle before long.

Ethier's comeback year has been fueled by a major improvement against "soft" pitches -- curveballs, sliders and changeups. Take a look at his slugging percentage by location against soft stuff during his down 2011, and then this season. Ethier didn't make loud contact against breaking and off-speed pitches last year unless the pitcher left it right down the middle of the plate. This year, he's killing anything in the zone:

Ethier's slugging percentage by location vs. soft stuff, 2011

 

Ethier's slugging percentage by location vs. soft stuff, 2012

Ethier slugged .366 against soft stuff in 2011, well below the .391 average for qualified hitters. In 2012, however, his .560 slugging percentage versus soft stuff ranks in the top 20 among MLB hitters:

Highest slugging percentage against soft stuff, 2012

BatterSlugging Pct.
Josh Hamilton .712
Matt Holliday .643
Mark Trumbo .630
Joey Votto .625
Mike Stanton .620
Ryan Braun .602
Michael Cuddyer .602
Carlos Gonzalez .592
Adam Jones .591
Dayan Viciedo .591
Bryan LaHair .589
Josh Reddick .588
Kyle Seager .576
Prince Fielder .574
A. J. Pierzynski .571
Robinson Cano .570
Andre Ethier .560
Jed Lowrie .553
Mark Teixeira .549
Matt Wieters .547

 

While Ethier's power has returned following a tepid 2011 season, recent history suggests that the Dodgers might end up paying their right fielder superstar money for mediocre offensive production. 

Ethier has a 129 OPS+ in 1,388 plate appearances from age 28 to 30 so far. Per Baseball-Reference, seven other corner outfielders (Shawn Green, Trot Nixon, Brad Hawpe, Pat Burrell, Ryan Ludwick, Jayson Werth, Luke Scott) put up similar lines to Ethier at the same age over the past decade, with an age 28-30 OPS+ between 125 and 135.

Their collective OPS+ at age 31 was 117. It dropped to 103 at age 32 and 99 at age 33. Green, Nixon and Burrell retired before age 35. And while Hawpe, Ludwick, Werth and Scott are still active, Werth looks like the only guy assured a roster spot by his mid-30s.Considering that Ethier derives all of his value from his bat (he has been five runs below average per 150 defensive games played in the outfield, according to Ultimate Zone Rating), that list of comps is troubling.

L.A. has deeper coffers with Magic and company now in the owner's box, but the Dodgers might have been better served by using the cash infusion to chase other free agent outfielders like B.J. Upton, Michael Bourn or Shane Victorino (if not Josh Hamilton), going after an ace like Cole Hamels or Zack Greinke, or locking up their own ace, Clayton Kershaw, for the long term. Ethier's deal might not preclude such spending, but he'll have to buck history to avoid become a drag on the payroll.