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Tag:Joe Nathan
Posted on: February 17, 2012 8:27 pm
Edited on: February 17, 2012 9:45 pm
 

Report: Uehara trade could lead to Oswalt signing

Roy Oswalt

By C. Trent Rosecrans


The Rangers' possible trade of reliever Koji Uehara may be enough to give the team enough salary relief to go ahead and sign free-agent right-hander Roy Oswalt, Jeff Wilson of the Fort Worth Star-Telegram reports.

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Oswalt had reportedly favored signing with the Rangers, but after shelling out big bucks for Yu Darvish, the Rangers didn't have enough left in their budget for what has been rumored to be his $10-million demand.

However, since Oswalt hasn't found a team that was on his wish list with enough money to meet his demands, he may have lessened those. Uehara is scheduled to make $4 million this season and has reportedly used his limited no-trade clause to nix two trades this offseason.

Wilson writes the Rangers may be looking for a utility infielder in return for Uehara, with the A's preferring to deal Adam Rosales rather than Eric Sogard.

Oswalt, 34, met with the Rangers last month and it is believed he told them he only wanted to start, not come out of the bullpen. He was 9-10 with a 3.69 ERA for the Phillies last season in 23 starts. He was twice put on the disabled list because of lower back problems.

The Rangers have said they wanted to move move Neftali Feliz in the rotation, but he -- or another starter -- could find themselves back in the bullpen if Oswalt signs. The team signed Joe Nathan this winter and he will close if Feliz starts.

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Posted on: January 7, 2012 10:59 am
 

Rangers have 'checked in' on Ryan Madson

By Matt Snyder

With the market for closers being pretty thin at this point, would Ryan Madson sign with the Rangers? They already have their back-end set up with Joe Nathan as the closer and Mike Adams as the eighth-inning guy. CBSSports.com insider Jon Heyman reports the Rangers have "checked in" on Madson.

If the market was so dried up for potential closers that Madson did have to accept an offer from the Rangers, they would have to be thanking their lucky stars. Madson, 31, saved 32 of 34 games last season with a 2.37 ERA and 62 strikeouts in 60 2/3 innings. He's actually a better closing option than Nathan at this point.

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Nathan had 14 saves with a 4.84 ERA last season as he returned from Tommy John surgery. He was an elite closer from 2004-09, but he's also 37 years old.

The interesting issue is that the Rangers signed Nathan to a two-year deal, presumably to be the closer. If they moved on Madson, do they end up with a disgruntled Nathan?

Meantime, the most important thing on the two-time defending AL champs' plate is signing Yu Darvish, who would join the starting rotation with Colby Lewis, Derek Holland, Matt Harrison and former closer Neftali Feliz.

Hypothetically speaking, if the Rangers did sign both Darvish and Madson, that's one stellar pitching staff, top to bottom. And we already know how good the offense and defense are.

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Posted on: December 19, 2011 9:55 am
Edited on: December 20, 2011 12:17 am
 

Homegrown Team: San Francisco Giants



By Matt Snyder


What if players were only permitted to stay with the team that originally made them a professional? No trades, no Rule-5 Draft, no minor or major league free agency ... once you are a professional baseball player, you stay in that organization. This series shows how all 30 teams would look. We give you: Homegrown teams. To view the schedule/past entries of this feature, click here.

On the strength of an incredible -- and mostly homegrown -- pitching staff, the San Francisco Giants won their first World Series in 2010 (yes, the Giants had won the World Series before, but that was as the New York Giants). So when you picture how the Giants would fare in this just-for-fun series, you might think these Giants will be pretty good. If so, you'd be wrong. You'll find a similarity to the real Giants in terms of pitching and offense, but the bad is much, much worse. In fact, it's awful. Don't say we didn't warn you ...

Lineup

1. Brandon Belt, RF
2. Pablo Sandoval, 3B
3. Buster Posey, 1B
4. Nate Schierholtz, CF
5. Yorvit Torrealba, C
6. Brett Pill, LF
7. Matt Downs, 2B
8. Brandon Crawford, SS

Starting Rotation

1. Tim Lincecum
2. Matt Cain
3. Madison Bumgarner
4. Ryan Vogelsong
5. Francisco Liriano

Bullpen

Closer - Brian Wilson
Set up - Joe Nathan, David Aardsma, Sergio Romo, Scott Linebrink, Jason Grilli
Long - Jonathan Sanchez, Kevin Correia

Notable Bench Players

Hector Sanchez, Emmanuel Burriss and Conor Gillaspie.

What's Good?

The pitching staff could be even better than the real-life lock-down staff because you add the upside of Liriano, along with Nathan and Aardsma as setup men for Wilson. Of course, Nathan had a down year while recovering from Tommy John surgery, Liriano was pretty bad and Aardsma missed the entire season with his own injury. But since we're living in a dream world anyway, just picture this staff with everyone at his best. It's amazing, top to bottom.

What's Not?

Pretty much everything else. There is no bench depth at all, which is bad because Torrealba, Pill, Downs and Crawford don't have any business being everyday big-league starters. The Belt-Sandoval-Posey start to the lineup isn't bad, but after that the lineup is brutal. Schierholtz is fine for a six or seven hitter, but definitely not cleanup on a team that wants to be in playoff contention. The presence of Sandoval and Posey probably prevents this from being the worst Homegrown offense, but it's really, really bad. The team speed is lacking, too, so the offense can't exactly hope to put pressure on the defense that way. Oh yeah, the defense. Due to having one true outfielder (I still count Belt as a true first baseman) on the entire roster in addition to that guy being a corner outfielder having to play center, and we have four guys playing out of position. The outfield's range in particular would be crippling to the elite pitching staff in that spacious outfield.

Comparison to real 2011

It's similar in that the pitching is great and the offense is a big problem, but this offense is far worse than the real-life Giants' was -- and that wasn't good enough to make the playoffs. The actual 2011 Giants went 86-76 and were quite fortunate to get there with such a bad offense. This group couldn't possibly get to .500, even with the one of the best pitching staffs in this exercise -- and, again, the defense would make the pitchers look worse. I think it looks like a 75-win team, based purely on the pitching staff, Sandoval and Posey.

Up next: Oakland Athletics

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Posted on: December 8, 2011 1:38 pm
 

How will Texas respond to Angels' challenge?



By C. Trent Rosecrans

A year ago the Rangers were crushed when Cliff Lee went to Philadelphia. This year they expected to lose C.J. Wilson, but the difference is the landing spot. Lee went to the National League, Wilson is staying in the American League West -- and joining Albert Pujols in Anaheim.

The Rangers will now step back and reassess where they stand in regards to their divisional rival.

"Our job just got more challenging," Rangers assistant general manager Thad Levine told CBSSports.com's Danny Knobler. "We just saw him seven games and I can't say we figured him out."

The question now is whether the Rangers try to counter with big moves of their own. It's still possible, despite the denials of team president Nolan Ryan, that the team goes after Prince Fielder. Ryan says the team is comfortable with Mitch Moreland at first base, but he said the same last year about Michael Young and third base before signing Adrian Beltre.

MLB Winter Meetings

And then there's the rotation. As it stands now, the Rangers rotation is Derek Holland, Colby Lewis, Alexi Ogando, Matt Harrison and Neftali Feliz. That's not bad, but it's not the Angels' rotation.

Feliz -- like Wilson and Ogando before him -- is being moved from the bullpen to the rotation. It's worked well enough before for the Rangers, so this could work. Feliz came up in the minors as a starter, starting 27 games in 2008 and 13 in 2009, the last time he started. The Rangers also signed Joe Nathan to make sure they had an experienced closer to fill his shoes.

Another possibility is moving Scott Feldman back to the rotation. The 28-year-old right-hander started two games in 2011 and has 80 career starts under his belt. Feldman won 17 games in 2009 and is 29-28 with a 4.69 ERA in his career as a starter, striking out 4.8 batters per nine innings, down from the 5.6 strikeouts per nine as a reliever.

Texas, though, could very well go outside of their organization to bolster their staff. General manager Jon Daniels scouted Yu Darvish in person this past season and the team has had success in Japan before with Lewis. Darvish, though, must go through the posting system, which is hardly a sure thing on a blind bid for the posting fee.

Another possibility is Matt Garza. The Cubs have let it be known they are open to trading anyone -- including the 28-year-old right-hander is arbitration-eligible and will be a free agent after the 2013 season. Garza went 10-10 with a 3.32 ERA in his first year in Chicago. The Rangers are talking to the Cubs about a deal for Garza, who would help their rotation.

Roy Oswalt is also a free agent and could be a fallback option.

The Angels shocked the baseball world on Thursday, the Rangers were among them. But the Rangers are unlikely to sit still and will certainly be worth watching going forward.

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Posted on: November 21, 2011 8:11 pm
Edited on: November 21, 2011 11:02 pm
 

Rangers sign Nathan, move Feliz to rotation

By Matt Snyder

The Texas Rangers have signed former Twins closer Joe Nathan, the team announced Monday night. Jeff Wilson of the Fort Worth Star-Telegram reports the deal is for two years and $14.5 million with a club option for 2014.

The plan all along was to move Neftali Feliz into the starting rotation, and this signing only reinforces those plans -- with Mike Adams and Joe Nathan now forming the back-end of the Texas bullpen. Feliz has been told he's moving to the rotation.

“Jon Daniels and Ron Washington called me a couple of days ago and told me about the team’s decision for me to be a starting pitcher next season," Feliz said in a statement. "I was a starter for my whole career before I came to the major leagues. I am happy to know the team’s decision this early, and I have plenty of time to get ready. I have already started running."

Nathan was one of baseball's premier closers from 2004-09. He was a four-time All-Star who twice finished in the top five of Cy Young voting. His average season in that stretch was 41 saves with a 1.87 ERA, 0.93 WHIP and 86 strikeouts in 70 innings. That would be a career year for many, many pitchers, but that was the average season for Nathan.

Closing Time
But then he tore the ulnar-collateral ligament in his right (throwing) elbow prior to the 2010 season and needed to have Tommy John surgery. It caused him to miss all of 2010. In 2011, Nathan wasn't himself in the early going, as he probably just wasn't fully recovered. From his June 25 return to the end of the season, Nathan had 11 saves and six holds against just one blown save with a 3.38 ERA, 0.89 WHIP and nearly a strikeout per inning. Given a full offseason, it's possible Nathan gets closer back to previous form, though at age 37 (it's actually his birthday Tuesday), the odds of him getting all the way back to pre-surgery form aren't great.

If your favorite team is still in need of a closer, don't fret. Heath Bell, Ryan Madson, Francisco Cordero and Francisco Rodriguez are still free agents along with cheaper options like Jonathan Broxton, Matt Capps and Brad Lidge. Plus, Huston Street and Andrew Bailey appear to be available via trade.

Finally, with Feliz's official move to the rotation, the odds of the Rangers letting free agent starter C.J. Wilson walk increase. Feliz will likely join the foursome of Colby Lewis, Derek Holland, Matt Harrison and either Alexi Ogando or Scott Feldman. If the Rangers do choose to re-up with Wilson, both Ogando and Feldman could pitch out of the bullpen.

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Posted on: November 11, 2011 4:53 pm
Edited on: November 12, 2011 2:01 pm
 

Closer look at all 30 closing situations



By C. Trent Rosecrans
 and Matt Snyder

It appears the first domino in closer market has fallen (at least, we're pretty sure this time), but that leaves Heath Bell and Ryan Madson as the top relievers still available. But who needs a closer? Here's a look at the closing situation for all 30 teams.

AL East

Baltimore Orioles: Kevin Gregg is still under contract -- much to the chagrin of new general manager Dan Duquette's chagrin. Gregg will make $5.8 million in 2012, not exactly ideal for a guy with a WHIP of 1.642 last season and an ERA of 4.37 while picking up 22 saves. Jim Johnson recorded nine saves and threw just 91 innings, but doesn't exactly miss a ton of bats. The Orioles could move Johnson to the rotation.
Possibilities: Gregg, Johnson, Bell, Francisco Cordero, Francisco Rodriguez, Jonathan Broxton.

Red Sox: Well, obviously Papelbon is gone. Papelbon was the Red Sox closer for the last six years, recording the final out of the 2007 World Series among other memories. Still, As untouchable as he was in his first four years as the closer (1.74 ERA and 0.917 WHIP from 2006-2009), he had a 3.43 ERA and 1.104 WHIP over the last two seasons. Daniel Bard is unhittable at times, but struggled in the last two months of the season (which certainly wasn't uncommon among Red Sox), posting a 6.95 ERA in 21 games in August and September.
Possibilities: Bard, Madson, Bell.

New York Yankees: Mariano Rivera. Enough said.

Tampa Bay Rays: The Rays let the Yankees overpay for Rafael Soriano and then picked up Kyle Farnsworth off the discard pile, signing him to a two-year, $6 million deal. In retrospect, it was genius -- Farnsworth had 25 saves with a 2.18 ERA in 2011 and the Rays will keep him another year and let someone else overpay him for 2013.

Toronto Blue Jays: Frank Francisco was the team's closer for much of 2011, but he's a free agent and the team could be looking to spend some money on a  closer.
Possibilities: Madson, Bell, Cordero, Rodriguez, Casey Janssen.

AL Central

Chicago White Sox: Right-hander Sergio Santos converted 30 of 36 save opportunities, liming batters to just a .181/.282/.314 slash line and he should be in line to keep his job in 2012. If he falters, Addison Reed has a chance to take over.

Cleveland Indians: Chris Perez is on solid ground as the team's closer, picking up 35 saves in 2011.

Detroit Tigers: The Tigers picked up the $9 million option on Jose Valverde.

Kansas City Royals: The Royals picked up the $6 million option on Joakim Soria and have options for 2013 and 2014.

Minnesota Twins: The Twins declined their $12.5 million option on incumbent Joe Nathan, but have expressed interest in bringing him back. Although his overall numbers -- 4.84 ERA, 1.164 WHIP, 14 saves -- weren't too impressive, he did convert all 11 of his saves in the second half of the season. Left-hander Glen Perkins had two saves in 2011 and struck out 65 batters in 61 2/3 innings. If the team doesn't sign a free agent -- or trade for someone -- Perkins would have the best shot.
Possibilities: Nathan, Perkins, Jon Rauch, Broxton.

AL West

Los Angeles Angels: Jordan Walden recorded 32 saves as a rookie and made the All-Star team. He did blow 10 saves last season, so it wouldn't be a complete shock if the team looked for an upgrade, but it's not expected, especially with tight purse strings this winter. The team could bring in a veteran for cheap that could close if Walden falters.
Possibilities: Walden, Scott Downs, Broxton, Rauch.

Oakland Athletics: Andrew Bailey is the team's closer, but a trade is always possible with Oakland.

Seattle Mariners: Brandon League had 37 saves and a 2.79 ERA in 2011.

Texas Rangers: The Rangers could be a wild card in the free agent closer market if they decided to move Neftali Feliz to the rotation. The Rangers tried that last spring but decided to keep Feliz in the bullpen. If they bring in a big-name, that would mean they believe Feliz can make the move. If not, there's still a chance of Mike Adams taking over for Feliz. Or they could bring in a low-cost veteran to have in reserve in case Feliz does work in the rotation.
Possibilities: Mike Adams, Madson, Cordero, Rauch, Broxton.

NL East

Atlanta Braves: Craig Kimbrel. Period. 

Miami Marlins: While the artist formerly known as Leo Nunez gets his name issue sorted out, the Marlins have a gaping hole at closer. The current members of their bullpen combined for four saves last season. Do the Marlins try to go with an internal option like Edward Mujica or make a splash on the free agent market (as they've been connected to several huge names already)? 
Possibilities: Nunez, Mujica, Madson, Cordero, Rodriguez, Bell.

New York Mets: If they stay internally, which is entirely possible, it looks like Bobby Parnell. But he wasn't awesome by any stretch when given save chances last season. The Mets have spent big on a free agent closer before (K-Rod), so would they be gunshy in doing so again? It's possible. But it's also possible they try to land someone like Ryan Madson. 
Possibilities: Parnell, Madson, Bell.

Philadelphia Phillies: Papelbon. 

Washington Nationals: Drew Storen closed 43 of 48 games in 2011, his first full season in the majors. One would think that would be enough to earn him at least another year on the job, but Storen's name keeps popping up in trade rumors and the Nationals have been reportedly interested in Madson. The Nats have plenty of money, so if they wanted to ink a big-name closer and deal Storen as part of a package for a center fielder (Denard Span, perhaps?), they would be able to do so. 
Possibilities: Storen, Madson, Bell, Cordero.

NL Central

Chicago Cubs: It's probably going to be Carlos Marmol again, but he better get himself in gear. Not only did he blow 10 saves, but his once-astronomical strikeout rate lowered a bit in 2011 and control continues to be a serious problem. With new brass at the helm, 2011 will likely be his last chance to get things fixed. 

Cincinnati Reds: Cordero had a great four-year run with the Reds, amassing 150 saves with a 2.96 ERA, but he's a free agent now. Fireballer Aroldis Chapman is ticketed for the starting rotation and Nick Masset seems to be awfully inconsistent. The Reds don't have the money to spend in free agency, so would they make a trade for, say, Huston Street or Andrew Bailey? Seems unlikely. Either Chapman doesn't make it as a starter and sticks as closer or someone internally (23-year-old Brad Boxberger?) gets a shot. This one is totally up in the air. 
Possibilities: Cordero, Chapman, Boxberger, Bailey, Street, Broxton.

Houston Astros: Mark Melancon saved 20 games with a 2.78 ERA last season. There are far bigger problems with this team to believe they'll try hard to make a change here.

Milwaukee Brewers: John Axford and his award-winning 'stache.  

Pittsburgh Pirates: All-Star Joel Hanrahan nailed down the job last season. 

St. Louis Cardinals: Jason Motte was never officially named closer by the stubborn Tony La Russa, but he did more than enough down the stretch and in the playoffs to earn the job for 2012, closing nine of 10 saves during the Cardinals' late run and five more in the postseason. 

NL West

Arizona Diamondbacks: It will again be J.J. Putz with David Hernandez filling in if (when?) Putz falls injured.

Colorado Rockies: Street is reportedly on the trading block. If he's is dealt, look for Rafael Betancourt to take over. He collected eight saves with a 2.89 ERA and more than a strikeout per inning in 2011. 

Los Angeles Dodgers: Rookie Javy Guerra came on to save 21 games in 23 chances with a 2.31 ERA and 38 strikeouts in 46 2/3 innings in 2011. That's enough to have nailed down the job for the 2011 season, one would think. 

San Diego Padres: Bell is a free agent, but the Padres may just offer him arbitration, and he actually might accept it. If he does stay, the choice is obvious. If Bell leaves, there's a decent internal option in Chad Qualls. Qualls, 33, has 51 career saves. As far as free agency, if the Padres want to pay for a closer, they'll be paying for Bell. 
Possibilities: Bell, Qualls.

San Francisco: The Beard. 

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Posted on: November 11, 2011 3:27 pm
Edited on: November 11, 2011 3:59 pm
 

What do Red Sox do without Papelbon?

Bard, Papelbon

By Evan Brunell


With Jonathan Papelbon (photo, right) signing a contract to pitch for the Phillies, what does that mean for the Red Sox?

Boston has a closer-in-waiting in Daniel Bard (photo, left) ready to take over the role, but can they afford to elevate Bard into the role?

Over the last few seasons, the Red Sox have seen how valuable having two elite relievers at the top of the bullpen is. Former manager Terry Francona has often said that Bard was perhaps the most important reliever in the bullpen, even more so than Papelbon. Francona was able to deploy Bard in any inning he saw fit, as opposed to Papelbon, who was largely limited to the ninth inning with a lead as conventional baseball says is done these days. But if Bard ascends to the role, the Red Sox suddenly have a void as setup man, and it may be one more difficult to fill than closer.

The free agent market is saturated with closers, and a handful are expected to be available via trade as well. The setup man market? That's not exactly dripping with talent. While the natural inclination is to simply promote Bard into the closer's role, it may not make the most sense from Boston's end if they're committed to the best one-two punch at the back of the rotation.

But would that be OK with Bard? The Boston Globe says that Bard remaining as a setup man would harm Bard's financial goals. That's obvious -- even as valuable as a setup man is these days, it is far more lucrative to be a closer or a starter. The Globe says that if Papelbon had remained in Boston, Bard would have requested a transition to being a starting pitcher, something he flamed out attempting in the minor leagues. Either way, it appears as if Bard has approached no man's land -- either he's going to start or close. Of course, the Red Sox could simply force him to remain as setup man if the club signs Ryan Madson or Heath Bell. CBSSports.com's Danny Knobler reports that the Red Sox "will be in on" the two closers -- but Bard would be an unhappy camper if this occurs and likely bolts once he hits free agency. Does Boston want that?

One potential solution is to bring in a new closer, albeit temporarily, and ink Bard to a long-term deal with the goal of eventually making him a closer. While this outcome wouldn't work if the Sox signed Madson to replace Papelbon, it might work if that man is Joe Nathan or another closer that would only come on a one- or two-year deal. Boston could ink Bard for lesser dollars up front, followed by commensurate salary for a closer in the latter years, which would give the team time to find a bridge to Bard. Of course, anyone that agrees to a one- or two-year deal to close is doing so for a reason. Can the Red Sox put that much risk into the closer's spot?

Signing Madson or Bell doesn't necessarily preclude Bard from an eventual closer's spot. He's tied to the Red Sox through 2015, so even a four-year deal for another closer could set Bard up to become a closer once he's eligible for free agency, but Bard would be giving up a ton of dollars in the arbitration process as a setup man.

The Red Sox could also go a different direction, such as taking a risk on Jonathan Broxton for one season and installing him as setup man to Bard. Don't forget the team already has Bobby Jenks in the fold, who is looking to bounce back from an injury-marred 2011. He could be the setup man that the team needs if Bard becomes closer. That doesn't solve the setup man conundrum long-term, but it would work for 2012.

Here's a radical thought. Why doesn't Boston take this opportunity to tweak what it means to be a closer? Bard, simply by virtue of having pitched in these situations, knows how valuable an elite setup man can be. What if the Red Sox told him that while he was going to become the closer, he would also pitch in tight situations earlier in the game as needed? Does Boston really need to hold Bard back from a crucial eighth inning for the easy three-run lead ninth-inning save? This is pretty much wishful thinking, as the conventional idea of a closer is pretty much set in stone, but it's fun to dream.

No one knows which direction Boston will go. Heck, even GM Ben Cherington probably isn't 100 percent positive how things will unfold now that he has several different scenarios to juggle. This much is clear: Cherington has a challenge on his hands to replace the best closer in team history.

Check CBSSports.com's free-agent tracker, and follow all free-agency news from Eye on Baseball.

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Posted on: November 2, 2011 8:39 am
Edited on: November 2, 2011 11:59 am
 

Buyer Beware: Soon-to-be overpaid free agents



By Matt Snyder


Another free agent crop means we have another group of players about to be woefully overpaid by some franchises trying to make a big splash. Here's a handful of players who will likely be paid more than they're going to be worth over the next year to half-decade.

C.J. Wilson, SP
He'll be 31 when next season starts and he's only been a big-league starter for two seasons. Considering the market for starting pitchers, some team is going to have to give him ace money. He has been good in long stretches over the course of the past two seasons, but it's still not a huge track record. Plus, he's been playing in front of one of the best defenses in baseball, especially strong at second, third and short. What if he signs to pitch for a team with range issues? Lots of those groundouts become base hits and he's a bust, that's what.
I would rather sign: Mark Buehrle. He's more consistent and he'll probably only need a two- or three-year deal for much cheaper. Sure, he doesn't have the upside, but you won't have to commit $75 million to him, either. And he's a workhorse, averaging 220 innings per season in the past 11 years.

More Free Agency
Position rankings
Jimmy Rollins, SS
The soon-to-be 33 year old hasn't been more than a major-league average offensive player for the past four seasons. His defense is on the decline, too. Yet because of playing in every postseason and being a one-time MVP, Rollins' name carries a ton of weight. He earned it, that's for sure, but he shouldn't get a lifetime pass. Some team that loses out on Jose Reyes will probably throw a four-year contract at Rollins and that's a mistake.
I would rather sign: I'd obviously rather have Jimmy Rollins than Clint Barmes if given the choice between the two for the 2012 season at the same price, but c'mon. Barmes could possibly be had for a one-year deal at a fraction of the cost of Rollins. I'd go Barmes and save the money to use elsewhere.

Jonathan Papelbon, Heath Bell, Ryan Madson, Francisco Cordero, Francisco Rodriguez, Joe Nathan, etc., closers
Paying big money for a closer to all of a sudden come in and solve late-inning problems rarely works. It does work at times, and someone will probably get lucky with one of the above names on the list, but the problem is that shelling out eight figures for one of these guys has a track record of crippling payroll, while new closers emerge every single year. I'm not just talking about young, elite arms like Craig Kimbrel and Neftali Feliz. I'm talking about Joel Hanrahan, Brandon League, Sergio Santos, Kyle Farnsworth, Jason Motte, Javy Guerra and more. This happens every single season. Knowing it's possible, there's no reason to try and solve the problem by throwing barrels of money at an aging veteran.
I would rather sign: Starting pitchers or position players

Roy Oswalt, SP
Let's see ... a 34-year-old pitcher who battled back issues during 2011 while allowing the highest hit rate and accruing the lowest strikeout rate of his career? I'd pass anyway, but keep in mind Oswalt has talked about an early retirement before and the rumors keep popping up. His name certainly has cache, but I'd let someone else pay.
I would rather sign: Edwin Jackson is six years younger. Easy choice.

Derrek Lee, 1B
So who are you going to get, the guy who was lackluster for 85 games in Baltimore or the guy who tore it up in 28 games for Pittsburgh? The smart money is on the former, as Lee is 36 and well past his prime. Some non-contender will likely add him as a patchwork, temporary "solution" at first base, when he's going to be overpriced and pretty much just an adequate bat. This is where teams would be better served to just save the money and play a kid.
I would rather sign: Casey Kotchman is 28 and just hit .306 with a .378 on-base percentage for Tampa Bay. Because he plays first base and doesn't have much power, he'll be overlooked, but he's a nice cheap option -- especially for teams with power at second or short.

Honorable mention: The "big three" of Albert Pujols, Prince Fielder and Jose Reyes all carry a certain amount of risk. Pujols likely lands at least a six-year deal, meaning he's going to be getting paid like the best player in baseball into his late-30s. Fielder's body type resembles Mo Vaughn, who was elite only until age 30, and then just good for three more seasons before being cooked. Fielder is 27, but he's also shorter and weighs more. Prince's father, Cecil Fielder, had his last big power year at age 32, also. And, of course, we know about Reyes' hamstring history.

Look, all three are going to get paid and they have earned it. And there's a good chance any of the three are still studs when their new contracts run out, just as there's a chance any of the above players pan out and prove to be good signings. But when you see contracts like Barry Zito, Vernon Wells and Alfonso Soriano, you have to keep in mind those guys were once elite players, too. There's risk everywhere.

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The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com