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Cubs Might Talk Extension With Matt Garza

Starting pitcher Matt Garza of the Chicago Cubs delivers against the Atlanta Braves at Wrigley Field in Chicago, Illinois.  (Photo by Brian Kersey/Getty Images)

Brian Kersey - Getty Images

Starting pitcher Matt Garza of the Chicago Cubs delivers against the Atlanta Braves at Wrigley Field in Chicago, Illinois. (Photo by Brian Kersey/Getty Images)

With Cubs pitchers and catchers scheduled for their first workouts at Fitch Park this afternoon, news comes via Gordon Wittenmyer in the Sun-Times that Theo Epstein and Jed Hoyer might be looking to sign Matt Garza to a long-term deal:

"We focused really hard on getting the one-year number done a few weeks ago," general manager Jed Hoyer said of the $9.5 million deal struck the day of Garza’s scheduled arbitration hearing. "We didn’t have any kind of long-term discussions before that, but certainly there was some dialogue about possibly having some long-term discussions at some point maybe this spring. . . . I think we probably will sit down and talk."

Garza, 28, wasn’t available to media. He told two reporters Friday that he didn’t want to talk about contract issues but was open to considering a long-term deal.

"We’ve said many times he’s the kind of guy we need," Hoyer said. "We need more Matt Garzas, not less. We need a rotation full of those guys, so if we can work something out, that’d be wonderful."

Why I think this is the right thing to do, after the jump.

Star-divide

Garza turned 28 in November. He's clearly not "ace" material, though it's also clear that right now, he's the best pitcher the Cubs have. His 2011 season was pretty much in line with his career norms, although he had career-bests in ERA, K/9 and K/BB ratios, and allowed just 14 home runs, sixth-fewest among all pitchers last year who threw as many innings as he did (198).

His contract, agreed to without an arb hearing, of $9.5 million for 2012 is a relative bargain, especially considering he asked for $12.5 million. Another performance like his 2011 would put him in that range, or perhaps a little higher, on a multiyear deal.

Other pitchers born in 1983, when Garza was, include Justin Verlander, Cole Hamels, Zack Greinke, Edwin Jackson and Gavin Floyd. Some of those, clearly, are All-Stars heading for big paydays (Verlander and Hamels in particular). Edwin Jackson just got a one-year deal with the Nationals for slightly more than Garza will be making this season.

At 28, Garza should have at least four or five more productive seasons in him. With quite a bit of money coming off the Cubs' books at the end of this year (Ryan Dempster and the money owed to Carlos Zambrano in particular), the Cubs should be able to afford to pay Garza and also go after a bigger-name free agent starter (or maybe acquire one by trade).

A four-year offer for $56 million would be in the right ballpark, I'd think. You'd probably have a fifth-year option and a buyout involved, and maybe some of the money could be put in as incentive options (starts, innings, etc.)

Get it done, Theo & Jed.

0 recs  |  182 comments

Comments

More sound decisionmaking from Theo and Jed

love the “we need a rotation full of those guys…” Giterdone indeed!

I'm no expert...

but I’m guessing the Cubs have been putting feelers out on Garza for months. My next guess is that they didn’t like the value they were offered in exchange for Garza so it’s probably in their best interests to keep him. And I’m totally fine with that…

They eventually will have to keep someone so it may as well start with Garza.

Eventually you have to be done building for the future and use what you have built. Three of the cornerstones are there in Garza, Castro, and Rizzo. We need a fourth, whether we have him already or will get him in the future.

They probably need 2-3 more and right now they are all TBD

By my reckoning, they would need one more top line SP, a high quality RH hitter (probably an OF), and a lights out guy for the bullpen (maybe Marmol, probably not). In prime 6 cornerstone guys like that could be up to $100M of payroll and then the team fills around the edges. I do think that amount is doable under a cap of $150M or so (looking for more TV revenue post-2014). The problem with the Hendry high payroll teams was too much money paid to guys who were really complementary pieces, not cornerstones.

It can be less if some of them such as Rizzo are still cost controlled.

I agree that they need several more key pieces. Teams that win for years have stability at their base and then compliment them. Look at teams with sustained success since 1969 and the new playoff system and they all had a powerful core.

Guys like Rizzo...

… presuming he is as good as advertised, and Castro, and other young players coming up, if they do form the core of the next Cubs contender, should be locked up in long term deals, buying out their arb years and maybe a year or so of free agency.

That would likely lower costs and keep the core together.

If Castro has another good year in 2012, I’d lock him up before the year is over.

Yes I agree, I would like to see Garza, Castro, and Rizzo as Cubs in 2020.

Joined by whoever comes out of the minors to make an impact, it hopefully will be like KC in a few years. If they can lock in some of their youth they could be viable for a decade.

Garza a Cub in 2020?

The guy will be 36. I suppose if he’s at the end of his deal that would be OK …

2020?

Is that even a real year?

;-)

At this rate, "In The Year 2525"

Will be when this experiment finally bears fruit.

Patience Young Skywalker........

We’ve only had 1 offseason under the new regime, and they’ve made some pretty solid moves thus far.

The jury

still is deliberating, but … if 2020 is supposed to be when the Cubs are “good again,” count me out.

QUICK

Who’s your favorite character from LOST?

And patient?

I’ve been patient since 1969. Some of us are becoming more and more aware of our own mortality.

Which is why we're all confused as to why you want to tread water
I don't

You’ve got to use all the bullets in your arsenal. Theo and Jed are using some of them.

You think there are many more bullets in the arsenal than there really are.

And it doesn’t appear you care about the consequences of using them all. That mindset is how we got here.

The consequences of using them?

Like winning a lot more often?

What other bullets......

do you speak of?

Why, sign Fielder, Reyes, Buehrle & Sabathia and empty the farm for Wright, of course
why not put pujols in RF?
Pujols too?

don’t be ridiculous…

fine

beltran in center and kubel in right

And the "we're all confused" part of your comment

Seems to suggest “everybody” here is of one mind-set. I guarantee you that’s not the case.

You're right.

Let’s go with “many of us”

I really enjoy this debate much, much more

When I notice your tagline is: “THIS IS THE YEAR”

Split personality?

For the Marlins.
safe to say most do not see things your way

feel free to believe that the Cubs could fashion a contender in 2012, but I am sure most think it is a fantasy

don't try to add facts or reasons

If some of us have learned anything over the past few years it’s that some people will be like Z warned each and every year to try and treat others like humans.

so NBF will be traded to fish stripes for a poster with some potential?
Point fingers at me all you want if it makes you feel better,

but some of you are kings of arrogance, smugness and elitism.

Aaaand...

… that was unnecessary.

I believe

it was absolutely necessary.

play the victim if it makes you feel better
Holy crap, the irony of this post is simply mind boggling.
“Seems to suggest "everybody" here is of one mind-set. I guarantee you that’s not the case.”
Yes, having a cornerstone guy who is pre-FA is a major plus

My point was that in the longer term (with a new TV deal), the Cubs should be able to afford paying their top 6 guys something like $100M.

Garza would be a nice addition to any teams starting rotation but to say...

…“we need a rotation full of those guys” is basically saying we want a rotation full of under-achievers. That has been the story of Garza’s career to this point, not once reaching the full level of his potential. Maybe that’s to come.

Five Matt Garza's would be a hell of a rotation.
yeah

He really underachieved in the playoffs a couple years back. Only won the ALCS MVP … what an underachiever.

And as we all know, one good postseason clearly disproves everything else.
One dumb comment deserves another

For troutfishin to say that the “story of Garza’s career” has been underachievement was stupid. Even if you’re disappointed in Garza for some unexplained reason, that comment was a dumb oversimplification. So sue me for responding with another dumb oversimplification.

I mean, obviously the ALCS MVP is a meaningless achievement … the Cubs aren’t even eligible for the ALCS, so what good does it do us to have its MVP???

I'm okay with signing him to an extension.

That shouldn’t, however, preclude us from listening to offers and perhaps trading him at the deadline. Realistically-his first 2 years are going to be worthless for the Cubs as we won’t be very competitive. The last few years may be worth it if we continue to make the right moves, so if he can bring back some solid young talent that can contribute at the MLB level in year 3/4/5 of the contract, we need to think hard about that option as well.

Eventually we have to keep some of what we have.

Garza can be a cornerstone for the next five years along with Castro and Rizzo.

Don't write off 2013 just yet

More of the overpaying deals run off this year. There may be real high level SPs available in FA. And the propects and cost controlled guys stockpiled this winter could be flipped into an OF bat that a lower budget team can’t afford due to arbitration.

I'm not writing it off......

But realistically, a TON would have to be done to turn a 70 win team into a 90 win team. I’m not trying to be pessimistic, just realistic.

Not saying this will happen.

But the Diamondbacks did it a year ago.

There are tons of examples of teams that have done this, including the Cubs teams of 1984, 1998 and 2003.

I hear ya.

Like I said……………a TON would have to happen. Therefore, not sure year 1 and year 2 of Garza are worth it, so if you get a few good young pitchers who can contribute at his level/better than his level by 2014, you make a trade, cost savings aside.

I wouldn't write off 2013 either ...

but Theo must be prepared to overspend a little to get the likes of Cain or Hamels after 2012 . He won’t get them in the bargain bins next year , and in my eyes that’s exactly who he should be shooting for next year .

It appears likely

that Cain will resign with the Giants. They’re already talking extension.

So is Hamels. Doesn't really mean much one way or the other.

Everybody “talks” extension.

Have read that the Giants have money problems - let's see how far "talks" go
That will be telling

If Theo doesn’t do it, then “Pittsburgh West” might actually come to pass.

you actually believe that's a possiblity, don't you...
I certainly do

I’m not from Missouri, but they’ll have to show me.

so you'll never be happy until the final out of the final game of the Cubs winning the World Series?

Anything short of that, you’ll continue to grumble, harumph, bitch, moan, growl? All your Cubs joy is backloaded to the extreme?

I have plenty of Cubs joy, bh

And I see exactly what you’re trying to do here. I’m not going to fall into your trap. Better luck next time, dude.

Not trying to trap - just trying to help you see how others see you (if that matters to you)

I would certainly hope that your Cubs joy is not 100% backloaded and only appears when they win it all. So my apologies for the hyperbole.

But when you sit there and say there’s a chance Theo & Jed came over to the Cubs so they could run this franchise like Pittsburgh (small market revenues, signing 3rd tier FAs at best, trading away or not re-signing their young talent when they approach or hit the 6 year mark)… well, I’d say you’re laying a pretty big trap for yourself and you’re falling into it.

You say “show me”. Fine – I can appreciate that philosophy. But I have to ask, haven’t they (Theo, Jed) already shown you enough that’d you be somewhat cautiously optimistic?

Well, they've shown me

They know how to get rid of the team’s most talented players, for better or worse. It remains to be seen if what they got back will be worth it.

I’m cautiously optimistic, with an emphasis on the “cautiously.” I’ve seen various Cubs saviors come and go over the years, so forgive me if I’m not into it heart and soul. Theo and Jed were the best people available, and I really liked their hiring. The next year or two will tell me if my like was misplaced.

WHA?

Flaherty, Marwin Gonzalez, Colvin, LeMahieu, Koyie, Cashner, Big Z, and Marshall were the team’s most talented players?

Seems to me we still have a LOT more talented players still here than have departed.

I can see the Marshall deal upsetting you, but Cashner still had all sorts of question marks in terms of what he was going to end up being, and Rizzo has just as much talent, if not more, and fills bigger needs (1B, power, etc.) than what likely will be a bullpen arm in Cashner.

Maybe the extension talk

is to make sure they don’t seem too eager to deal him and keep his value up

Could be, but

I don’t think Theo is so cloak and dagger like that. If he sees Garza as a 15M/Yr type, he wants to pay under 14 per, or get 17M in return value.

It’s part of The Cubs Way.

Thats why I’m in the either sign him long term or trade him camp. Just keeping him for 2 years isn’t in my bag.

Garza - Get it done!!!
fire theo

the cosmic wrong must be righted

Yeah, this is some BS.
Verlander is signed through 2014.

Is there talk of another deal for him?

I agree with the general point. Garza could end up being to the Cubs what Mark Buehrle was to the Sox for the past few years: a high-paid starter who is worth his contract as a reliable No. 2 for several years.

Reference to Verlander

… was simply noting that he and Garza are the same age.

I thought you said Verlander and Hamels were in line for big paydays ... ?
Read it again.

“Some” of the pitchers I listed are in line for big paydays. Not “all” of them.

I have read it several times -- and I'm not trying to be a jerk to you.
Some of those, clearly, are All-Stars heading for big paydays (Verlander and Hamels in particular).

It sounds like you’re saying Hamels and Verlander are All-Stars heading for big paydays. I’m not really sure of another way to read that.

Again — not submitted to be an ass to you, Al. Initially, I was curious as to whether there was talk of a new deal for Verlander, which would have an impact on Garza.

It doesn't say next year, just that they are headed towards a big payday.
OK

… when I wrote that, I didn’t recall that Verlander was locked up. No, I have not heard of such a deal. Let’s move on.

I'm more than happy to do that.

However, I’m not thrilled that you tried to make this out to be a matter of my reading deficiency.

Check your email.
Seems like it would be time to move on

after you say “Oh, sorry, I can see that I wasn’t clear.”

You could've

taken a slightly higher road here.

So, did you forget that Verlander was locked up?

Or did you say SOME and Elgato was a dumbass for reading what you wrote wrong?

Bird in the Hand

In light of our scant high-upside, SP pipeline, we need to keep a guy like Garza if we’re to be competitive by ‘13 or ’14. I was ok with moving him we had received a Gio-like haul but that apparently wasn’t the market. There are those who think we’ll find a desperate club this summer to pay up but I must point out that he’ll be a 1/2 season closer to FA. A four yr deal would still give Jedstein quite a bit of flexibility in constructing the roster.

For the record...

The vast majority of the “trade Garza” crowd was/is also in favor of an extension at the right price.

If 4 years @ $14M per will do it……. done. And I’d add to that a club option for a 5th year at $15M with no buyout… but bump his salary this year up another $1M in exchange for no buyout.

I’d consider going as high as $15M, but that’s it. Because for all the uncertainties about prospects (potentially acquired in a trade), there are nearly as many with long-term pitching contracts. Ask the Mets (Santana), Rockies (Hampton, Neagle), Yankees (Burnett), Red Sox (Lackey), et al. Most of those deals looked like good ideas from a talent perspective (i.e., a good idea to lock up that talent for an extended period), even if the years and/or dollars were a bit much.

Many people thought the Z extension was a good idea at the time, too. You had a pitcher who was young, strong, and had shown flashes of brilliance… teasing an extremely high upside. Sure, there were a couple of red flags (high workload and “temper, temper”), but surely those could be overlooked. (Also worth noting that from a WAR value perspective, Z was ‘worth’ his deal in ’08 and ’09… not so much since).

Garza comes with many strengths (the stuff obviously, strong competitor, perhaps finally learning how to really pitch, the right age, durable), but also some red flags, too (was known to have a bit of a temper in Tampa though obviously not to Z’s level, rather inconsistent year-to-year performances, lots of statistical outliers in ’11).

So an extension? Sure… at the right length (no more than 4 years or 5th on club option) and price ($15M tops).

There has to be a buy-out or the option is meaningless.
Well the point of

offering the bump in salary would be to hold an exclusive club option. Essentially, that would be the buyout.

If contractually you had to have an “official” buyout, then just make it the minimum allowed.

I would imagine

he’d want a bigger option year with a bigger buyout. 15 mil for a 5th year option would be pretty Cub-friendly when top pitchers can get closer to 20 mil now.

But I agree, something in the neighborhood of 14-15 mil a year for 4 or 5 years would be a nice deal.

I kind of think they still want to trade him though.

No doubt he'd want a bigger buyout.

You just negotiate through these things. I wasn’t trying to imply that he would definitely take my “offer”… just a jumping off point.

If he starts asking for anything near 20… bye-bye.

My blood runs cold...News on The Franchise:

Per The Daily Herald: “Blake DeWitt has cleared waivers and could rejoin The Cubs as a non-roster invitee”… If this isn’t a sign the world will end in 2012…I don’t know what is!?

I'm ready for 2012...

I like Blake DeWitt.

There. I said it. Deal with it.

Franchise says thanks mom.
Hiya jp!
Hey js
(I don't get into online spats...)

But that was a funny reply on your part!

Me neither, I could not resist.

Now an online discussion? Sure I will enter one of them anytime.

Dealing. With. It. ... :]
I'd still prefer

they try and make another play to move him at the deadline to a contender for what should be a decent return. If there’s no takers or the return isn’t good enough, then I suppose there could be worse things than having Garza in your Rotation.

further reason to dump garza
@Patrick Mooney
Garza predicts Zambrano will be a Cy Young contender this season playing for Ozzie in Miami.
Heh.

Saw that. Z hasn’t been a Cy Young contender since 2007, when he finished fifth in the voting. He has finished fifth three times: 2004, 2006, 2007.

I’m not seeing it.

he's completely underselling Z's talent

he’s not going to just contend, he’s going to run away with the award

Only if he grabs it off the table where it's being awarded to someone else.
he's a changed man

he said so himself

Yeah, he said that each of the last three years, IIRC

How’d that work out?

fool me once, shame on you

feel me twice, shame on you

fool me three times, obviously we were looking at the wrong things and you were changed the entire time

Hey bud, you got some change for me...
i messed that one up

guess i’m so used to everyone else being blamed when Z goes crazy

"contender"?

What a wanker. Z’s got the Cy Young wrapped up.

TOO LATE, SUCKA
YOU'RE NO REAL FAN
TEARS WERE RUNNING DOWN MY FACE WHEN THEY WON THE PENNANT IN '03
I'M GOING TO MOVE TO MIAMI AND RENT A STUDIO APARTMENT.
I WATCH BURN NOTICE
Just for Gabrielle Anwar, right?
UH NO IT'S A GOOD SHOW
Paging Mr. Volstad

I hope that Z finds peace and does well in Miami. He wasn’t going to in Chicago, however, and I’m delighted that he’s gone.

Z could be the president of the change of scenery is what was needed club. BUt I don’t think being with Ozzie was the answer. He’d be better off with a level headed manager.

ANd the biggest joke is people saying Buerhle could be a calming influence. I like Mark don’t get me wrong but if you can’t get along with Ryan Dempster you have trouble with anyone!

How long will it take

for Z and Ozzie to have their first public blowup? First game of spring training?

They wont have one

if Z blows up it wont be on his manager – esp Oz

Never say never when it comes to Z.
Z could win the Cy Young and the deciding WS game this year

for all I care.

I am just so happy to not be reading the Z is in the best shape of his career and Z vows to change articles.

I don't see 4-years at $65M ever happening

Interesting column, but how do you square your comment of "He’s clearly not “ace” material" with wishing to give Garza “ace” money at $15.2 million per. That’s a whole lot of guaranteed years and money for a pitcher who didn’t even pitch 200 innings last year and visited the DL with arm issues. The arguments in favor of the Cubs publicly talking extension is (1) improve their trade position and not seem an over-eager trader, and (2) you can get more in return for Garza if you trade him with more years of control. So if no eager buyers come knocking this spring training, I could see negotiations start, but the years and dollars you are proposing makes as little baseball economic sense as when Hendry gave Marmol a guaranteed $20 million deal to lock Marmol up for one extra year. In season, I don’t see Epstein offering more than a 3-year extension at $12M per. This factors in Garza’s DL visit last year, but if Garza gets off to a great start and we can’t find an over-eager trade partner that would change things. And if Garza gets through the season healthy, pitches 200-plus innings and duplicates his 3.32 ERA of 2011, the amount goes up. But no need for Epstein to take on all the risk of premium years and premium dollars when he still has control of Garza for two years. Remember this is the GM who had Papelbon, an AS reliever, on a series of one-year contracts. No need to create false urgency to get a deal done. That was the Hendry years.

I said $56m, not $65...

…. that’s essentially what Dempster has gotten the last four years. I think Garza will be at least that productive, maybe more.

Weird to say, but $15 million a year isn’t “ace” money any more.

there's a difference between locking up starters and locking up closers

closers are the most overrated and overpaid players in baseball

The Phillies are going to really regret that Papelbon deal, I think.
I'm guessing you've never had a good closer...
tying up all that money for someone to get three outs is a bad idea

does anyone even know who the cards primary closer was in the postseason?

no, but I know who the Yankees' closer was for their 4 WS wins in the last 15 years

You can tie up too much money on anyone – being overrated and overpaid is not limited by position.

If you’re trailing in a close game going into the 9th, not too many things are more intimidating than facing a dominant closer, knowing you’ll probably go down 1-2-3. And if you’re leading in a close game going into the 9th, not too many things are more demarmolizing than having your closer walk the bases loaded and blow it.

I have no problems with spending big money on a dominant closer. I just have to do my due diligence before signing/trading him, like I would for any player for any position.

Look at the salary info for the top pitchers - $15M isn't "ace money"

“Ace money” starts at $20M….

I wouldn't say..

Garza “clearly isn’t ace material”.. the talent for him to be one is certainly there.

I've started spring training too - Listening to last year's first ST game now... ;-)
So let me start another jumping off point.

It seems we’ve got a majority of agreement regarding the extension. So to me, the question becomes… where is the financial line?

Most of us seem fine with 4 years @ ~$14M.

Well… what about 4 years @ $17M with a club option?

5 years @ $16M?

6 years @ $14M?

What do you do if Garza’s agent sets a floor at $16.5M per?

I’m not sure I have the “answer”… but I’m interested in the discussion.

I don't think I'd do six years.

Way long for a pitcher.

Somewhere in those numbers are the right ones. It’s up to TheoJed to negotiate creatively.

4 or 5 years with a club option,

show faith in your best players. No back loading, no player option.

That would work for me.
Six years would still only take us to Garza being 34 right?

I’d be okay with that, if the annual salary wasn’t an albatross.

I'm for the 2 extremes

Either sign him long term or trade him for a nice package now. Long term he could be the centerpiece pitching wise of the building of a champion. Just for the next 2 years I’m not so sure I’d rather have what we can get.

For the record

For the record I’m hoping he signs long term of the 2 extremes.

There are a lot of other options.

Trading him at the deadline, for instance.

The chances of Garza pitching in Chicago for the next two years and walking are virtually nil, I’d say.

On a selfish note

I’m all for it since the highlights of every game he pitches are on the local news in Fresno. He’s a local hero.

Trade or or extend him?

Both make sense for a team like the Cubs. Trading him for prospects makes sense for a team undergoing a total make over.

Extending him makes sense, too, as he is young enough to be good for many more years making him a good candidate to be the foundation of a new (and hopefully improved) rotation.

Extending him also makes sense because in a couple of years, this team will be relatively bad contract free

We’ll have a ton of money to spend and a lot of good free agents or trade targets to fill the holes. This is what I don’t think people like Bruce get. 2012 is going to SUUUUUUUUUCK but we AREN’T the Pirates. Our rebuild can be sped up because of the amount of money we have to spend.

Of course, in order to rebuild, you have to tear down the crappy foundation, which is what 2012 is. Doesn’t mean we’re going to suck for a decade.

regarding nbf's comments, consider the source
I think you look at what they're saying as well as what they're not saying..

If their real goal is to sign him long-term, rather than drive up his trade value, why talk him up like this? My gut is telling me that they’re just waiting to move him for prospects.

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