« What Hipster Doofus Duo Had To Say | Main | Torre Pen Management: Clueless Or Desperation? »

January 26, 2008

Cano & Yankees Agree To Terms On Deal

Via ESPN.com

The New York Yankees and second baseman Robinson Cano have reached a preliminary agreement on a deal that could be worth as much as $56 million over six years, according to reports in the New York Times and the Newark Star-Ledger.

The deal will be finalized when Cano, 25, passes his physical. The contract specifics vary slightly in the reports. According to The Times, Cano will earn $28 million for the 2008 through 2011 seasons, and he will get $2 million more should the Yankees decline the 2012 option.

Cano would earn about $27 million in 2012 and 2013, if the Yankees pick up the options. Cano would be eligible for free agency after 2011 without the option years.

The Star-Ledger reports that the contract is for a guaranteed $30 milllion for four seasons, and worth up to $56 million if the Yankees exercise the options for 2012 and 2013.

I'm guessing that Odysseus told the Yankees to stuff wax in their ears and not listen to the siren's cautionary tales of Edgardo Alfonzo and Carlos Baerga.

You know, there's a little baseball stat out there called "Bases per Plate Appearance" [BPA]. The formula is (TB+BB+HBP+SB-CS-GIDP)/(AB+BB+HBP+SF). Via the Complete Baseball Encyclopedia, here's the "Top 40" in BPA, over the last three years, in the A.L., with a minimum of 1500 Plate Appearances:

BPA                             BPA      PA     
1    David Ortiz                .660     2066   
2    Alex Rodriguez             .651     2097   
3    Travis Hafner              .613     1800   
4    Manny Ramirez              .597     1777   
5    Vladimir Guerrero          .582     1919   
6    Mark Teixeira              .576     1792   
7    Grady Sizemore             .567     2205   
8    Jermaine Dye               .560     1751   
9    Curtis Granderson          .551     1529   
10   Paul Konerko               .550     1943   
11   Carl Crawford              .549     1963   
12   Brian Roberts              .538     1985   
13   Jorge Posada               .536     1680   
14   Magglio Ordonez            .532     1667   
15   Richie Sexson              .525     1810   
16   Carlos Guillen             .524     1613   
17   Hideki Matsui              .524     1537   
18   Nick Swisher               .522     1853   
19   Justin Morneau             .518     1872   
20   Derek Jeter                .517     2181   
21   Torii Hunter               .516     1677   
22   Johnny Damon               .514     1964   
23   Raul Ibanez                .506     2025   
24   Ichiro Suzuki              .504     2227   
25   Alex Rios                  .503     1728   
26   Joe Mauer                  .502     1633   
27   Vernon Wells               .501     1997   
28   Victor Martinez            .501     1919   
29   Chone Figgins              .499     1906   
30   Gary Matthews Jr.          .496     1795   
31   Miguel Tejada              .491     1981   
32   Eric Chavez                .489     1649   
33   Michael Cuddyer            .489     1728   
34   Julio Lugo                 .482     1642   
35   Casey Blake                .481     1701   
36   Robinson Cano              .480     1728   
37   Michael Young              .478     2172   
38   Adrian Beltre              .475     1970   
39   Kevin Millar               .473     1584   
40   Tadahito Iguchi            .472     1585  

For the record, in 2007, Cano had a BPA of .491 (which was 39th best in the league for batters with 500+ PA).

Based on this, I would offer that Robinson Cano is one of the "Top 40" most productive batters in the league - last season and over the last three years. But, he's much closer to being #40 than he is to being in the "Top 10."

As Yankees fans, let's hope that Cano stays sharp and is able to maintain, or better, his place among the offensive leaders in the league, now that he's locked up for years to come.

Posted by Steve Lombardi at January 26, 2008 09:44 AM

Comments

I have to say that it's impresive that Ortiz is at the top considering that stolen bases and GIDP are a factor.

By the way, if I'm counting correctly Cano is the 2nd or 3rd second baseman on the list behind Brian Roberts, who is very good but is also in decline, and Chone Figgins who proabbly shouldn't be considered a second baseman.

Posted by: Nick from Washington Heights [TypeKey Profile Page] at January 26, 2008 10:27 AM

Cano's #36, but that is out of 58.

So, that does put him in the bottom half of the league.

On the other hand, he is above the league average of .465.

Posted by: Lee Sinins [TypeKey Profile Page] at January 26, 2008 10:47 AM

How much longer (if at all) did the yankees have cano under non-FA control? My take on this deal depends upon how much of that time they could have locked him up for less/arbitration.

Posted by: Razor [TypeKey Profile Page] at January 26, 2008 01:01 PM

Steve,

I would recommend that, instead of using BPA, you would use TA (total average).

TA is same numerator, but with outs as the denominator.

I was going to replace BPA with TA for the hitting stats display in this edition of the CBE, but just didn't get around to it. I'll probably do it for the next one.

For the record, Cano was also #36 out of 58 in TA.

Posted by: Lee Sinins [TypeKey Profile Page] at January 26, 2008 01:17 PM

How much longer (if at all) did the yankees have cano under non-FA control?

------------------

4 years

Posted by: Lee Sinins [TypeKey Profile Page] at January 26, 2008 01:21 PM

Well, obviously, I don't know how to read! I guess one thing we should take into consideration is that there are probably a number of players who, due to injury or part-time status, don't make the list by virtue of not getting 500 PA per season.

Posted by: Nick from Washington Heights [TypeKey Profile Page] at January 26, 2008 02:22 PM

What was Cano in 2006?

Remember that a huge part of this deal is the likeliness that Cano continues to improve. Every year in the majors, he has improved exactly what you want a young hitter to improve: power, and plate discipline. Sure, he could level off, but it would take a horrible rash of injuries like what happened to Baerga to derail Cano at this point. He is past the point of the league 'figuring him out' and going the way of Jorge Cantu.

Posted by: Andrew [TypeKey Profile Page] at January 26, 2008 04:30 PM

Good move by the Yankees. Alfonzo had a terrible back injury so I don't think the comparison is valid there. Also, his line drive rates (via The Hardball TImes) are solid which should indicate that his batting average should be consistently high. He's already an upper echelon 2B, and can be projected to do much more considering his age and swing. The second basemen around make similar money and provide much less offense (think Luis Castillo). In addition, the aging Yankee roster will make good young hitters a must. Keep it going Cash.

Posted by: vocallytrnsfrmd [TypeKey Profile Page] at January 26, 2008 06:29 PM

~~~What was Cano in 2006? Remember that a huge part of this deal is the likeliness that Cano continues to improve. Every year in the majors, he has improved exactly what you want a young hitter to improve: power, and plate discipline.~~~

ISO--Isolated power. It is SLG minus AVG.
Cano, ISO marks: 2006 - .183, 2007 - .182
Where's the improvement in power?

BB/SO ratio....
Cano, 2006: .333, 2007: .459
Yes, there's an improvement there.

But, that's because of his contact improvement.
In terms of BB/PA, in 2006 Cano was .035 - and he was .058 in '07 - the difference between .04 and .06 here is not huge.

Posted by: Steve Lombardi [TypeKey Profile Page] at January 26, 2008 11:44 PM

Improvements in defense is also a factor.

also, of that list, there are only 7 guys ahead of Cano who plays MI or C (the most premium defensive posisitons) and most of them are old and/or played their position poorly (Jorge / Jeter / Guillen / Tejada ) or sucked last year ( Lugo ) taking those out we get two more guys ahead of him, Roberts (which is vastly inflated by his 05 campaign) and Mauer.


Posted by: Yu Hsing Chen [TypeKey Profile Page] at January 27, 2008 12:29 AM

like Yu said, the more important part is that Cano is a middle-infielder and on the way up. this stat should also be league and park adjusted.

Posted by: Travis G. [TypeKey Profile Page] at January 27, 2008 12:56 AM

~~~Improvements in defense is also a factor.~~~

I understand that many feel that you cannot compare the batting stats of an OF to that of, say, a second baseman - because of the different demands of each defensive position, etc.

However, once you step into the batter's box, you're a hitter, and you should not be given extra credit (or lose something) because of the position you play in the field when you are not batting.

Giving someone "extra" or an "adjusted" offensive value is his relative batting results because of his position in the field implies that just playing that position in the field provides a batting benefit to his team.

Posted by: Steve Lombardi [TypeKey Profile Page] at January 27, 2008 11:19 AM

Steve, if you just want to judge a player's hitting talent, then there's no reason to consider position.

But once you start talking about a player's value or what his salary should be, then you have to consider position. A typical team will score more runs with a hitter like Cano at 2B than a hitter like Cano at 1B.

Posted by: Sky [TypeKey Profile Page] at January 27, 2008 01:53 PM

Steve, by that logic the Yankees shoulda just let A-rod walked instead of paying him twice as much per year as Ortiz. he wasn't even worth the 25M to begin with let alone the 30 !

And by that logic Derek Jeter is the most overpayed player... EVER.

Defense position matters a ton, because of demand and supply problems. you can find a dozen or more guys that can hit like Cano or better at LF. but you can only find maybe one guy who's truely better and 1 more guy that miggght be comparable at 2B.

Posted by: Yu Hsing Chen [TypeKey Profile Page] at January 27, 2008 09:01 PM