Innings Eater Value
I know a lot of fans out there are holding out hope that the Mariners will be able to move one of Washburn, Silva, or Batista at some point this year. After all, it was only a few months ago that the Yankeees were willing to take Washburn’s entire salary, and even though the market has taken a big step backwards, the M’s should still be able to pawn off some of the salary due to one of these guys, right?
Maybe not. Tim Redding, the closest free agent resembling Washburn, has agreed to sign with the Mets for $2.5 million for 2009. Redding was worth about 0.9 wins over a replacement level starter last year, while Washburn was worth about 1.1 wins over replacement. Redding got 25% of what Washburn is owed for 2009.
You could make an argument that Washburn has a better health track record, was a little bit better, and is left-handed, so he’s worth a little bit more than a guy like Redding. But not much more. Really, the Redding signing probably caps Washburn’s market value at around $4 million or so. In other words, to move Washburn, we need to assume that the M’s would have to eat about $6 million of his contract right now. For Batista, it’s probably more like $8 million of the $9 million he’s owed, and Silva’s just not tradeable right now.
The team has an overflow of potential starting pitchers, but the ones they’d like to get rid of, no one is going to want. Right now, it’s pretty safe to say that Felix, Bedard, Morrow, Washburn, and Silva is going to be the starting rotation coming out of spring training. Ryan Rowland-Smith and Aaron Heilman should both be prepared to begin the season as relievers, because there’s just no room at the inn.