It doesn’t quite deserve Gladys Knight, does it? While I wait, a few thoughts on Andy Pettitte.
Now, I am in something of a bubble while traveling, so if in the time I compose this dispatch Pettitte has re-signed with the Yankees, joined Joe Torre in Los Angeles, retired in a fit of Cajun pique, decided to discover Japan, or volunteered for the Roger Clemens Memorial Witness Protection Program, forgive me. YES is very generous, but they haven’t yet volunteered to subscribe me to a portable broadband service and I’d feel kind of Oliver Twist-y asking. I mean, I’m the only guy in the company with his own bunker. Sure, Bob Lorenz is a much bigger name than me, but when the blow down storms come, it’s me Bob is going to have to ask for a seat in the safe room. And he’s going to be very disappointed, because my chair sucks compared to his.
Earlier this week, I remarked that the Yankees need to leave a spot in the rotation open for youth. The most obvious candidate for that spot is Phil Hughes, but it could just as easily be taken up by Alfredo Aceves, Ian Kennedy, or a darkhorse candidate like George Kontos. The Yankees need the flexibility that youth generates, because as we’ve seen this winter, we’re entering a new paradigm when it comes to free agent action. The arbitration-based compensation system is dying.
Even the Yankees were reluctant to offer their departing free agents arbitration for fear that they would accept (in retrospect, had they known the Players Association was steering free agents away from accepting such offers, they might have been emboldened to take the chance). Simultaneously, those players who were offered arbitration have seen their possibilities dry up, because the buyers have finally, finally realized, decades into the free agent process, that a team’s chances of developing a decent player for a first-round pick, one that they control for the first six years of his career, are good enough that it’s just not worth forfeiting a pick for a player like Jason Varitek, who is going to come in for a year or two, be a character guy, and then retire.
With the pick you gave up for Varitek, you could have made a conservative draft pick, selecting the proverbial polished college pitcher who is not going to develop much but should safely turn into a solid four-five starter within those same two years. Given what four-five starters cost on the open market, it’s just not worth passing one up for a 35-year-old catcher. There really was a point at which teams did not get this. At one point the Montreal Expos gave up a first-round pick to sign a third-string catcher named Tim Blackwell. You could look it up.
As a result of this, hoarding old guys has less value than ever. It used to be that a departing vet classified as a Type A or Type B free agent would leave a parting gift in the form of a draft pick. Now, with clubs hesitant to buy into the system at both ends, when they depart all the leave is an empty locker. Bobby Abreu is going to play for another few years, but the Yankees will have nothing to show for it but memories of the many fly balls that went over his head.
This makes an Andy Pettitte something of a dead end in the life cycle. Sure, he might help the club to a pennant, but you can make a strong argument that the Yankees are close enough to that already that the marginal wins he provides over a youngster — we have to acknowledge that the big zero that the Yankees received from Kennedy and Hughes last year was an unlikely to be repeated fluke — are not only not worth the money but will also leave the Yankees naked when he finally heads off into retirement. He will have blocked off a youngster for small return, won’t be bringing a draft pick, retirement or no, and so when he’s gone, there’s a vacuum where there should have been the next guy standing ready.
Conversely, if the Yankees invest 20-25 starts in a young fifth starter this year, they might get 30 starts a year for the next five, at prices they control. There’s a lot of value in that achievement and not much risk. This is particularly true because given the team’s depth in young pitchers, they can pull the plug on any failing experiment very quickly. Hughes not working out? Back to the Minors and ring in a new Kennedy administration. Kennedy has a Bay of Pigs? It’s Aceves time. Aceves’s arm falls off? Try Kontos. The point is, at the end of the season you have something you didn’t have before, an additional asset to carry you forward into 2010.
Having written that, I am mere minutes from heading into the YES studios to get my spray-tan. Once again, the show airs at 6:30 p.m., and I’ll be checking through your comments for juicy tidbits with which to wow Bob and the gang. See you in the bunker.