Official: Sox trade for Vazquez
Diamondbacks get: Orlando Hernandez (40 year old arm of dust), Luis Vizcaino (slider-hangin non-tender candidate), Chris Young (projectable AA OFer whose best comp is an underrated non-super star.)
White Sox get: Javier Vazquez (Gopherballin' pitcher with great stuff) and Cash ($5-8MM)
I'm not going to provide a ton of analysis here. I'll just say that it appears Kenny is not done yet. Garland and Contreras have apparently both been offered similar 3-year deals. Garland, rightfully so, rejected his outright, and negotiations broke off. Contreras is in a much different position and I suspect will sign soon. It appears that one of these two will be traded to solidify the bullpen and upgrade somewhere else.
Last week, Studes wrote an article on FIP and the longball. In it he pointed out that Vazquez was one of the unluckiest pitchers in baseball, closing with the quote,
As pointed out by Studes and Tybor in the comments, Vazquez is a good candidate to have rebound to his former greatness. Vazquez' ZiPS bear some of this out. I added the other 5 Sox starters just for context.
The real beauty of the move, however, comes from a financial perspective. El Duque's base salary in '06 is about $4.6M, and Vizcaino is due to make about $2M. With the D'backs cash subtracted from his contract, Vazquez looks to be due $7.5 in salary from the Sox in '06. In other words, this deal adds about $1M to the Sox '06 payroll. -- It also locks the Sox into 4 starting pitchers for '07, and Vazquez will not be a free agent until after the '08 season.
Kenny is all but saying he's never going to pay top dollar for free agent pitching. His modus operandi appears to be locking up starting pitching through the trade market. -- Who are we to argue with his results?
46 comments
|
0 recs |
Do you like this story?
Comments
8 Million
Money
Beyond that, he's not that great a pitcher. I hope to God that KW brought him in to get Garland and el Conde to sign realistic contracts and then (hopefully) trade Vazquez + Uribe for Tejada... Wouldn't that make much more sense for all parties involved than the Garland + Uribe for Tejada?
Am I missing something?
by generico12 on Dec 14, 2005 2:15 PM CST reply actions
He's Garcia with a better K/BB
Observe...
Freddy Garcia
Still
by generico12 on Dec 14, 2005 2:39 PM CST up reply actions
30 = prime
by Brent Brookhouse on Dec 14, 2005 2:48 PM CST up reply actions
moreover
by goldstone97 @ South Side Sox on Dec 14, 2005 3:00 PM CST up reply actions
prime
You're just not getting it then
Vazquez, like Contreras, has some of the best stuff in the game. He can be filthy. 2004, specifically the second half of '04 was a lost year for him. He was just flat bad. his peripherals were bad, and he just plain wasn't a very good pitcher.
Last season, however, you have to look beyond the stats. His K/BB ratio returned to being excellent. I cited the THT article that showed his HR rate was likely a product of bad luck. And as BHoov points out in the post below Arizona's OF defense was atrocious last season. This resulted in lots more hits, especially of the extra-base variety. Those hurt your ERA a whole lot.
I see a guy who is here to replace a pitcher (Garland) who is more accurately described as mediocre, with just one full season with and ERA+ above 100. I see a guy who had one bad year, and in that bad year, he was slightly below league average. I see a guy who may be among the best candidate in baseball to have a "surprise" season.
Mediocre pitcher with 154+ ERA & 230 IP
http://www.baseball-reference.com/l/loaizes01.shtml
226 1/3 innings with a 154 ERA+ in 2003.
Hmmmm. Didn't Vazquez's 154 ERA+ come in 2003 as well?
Hey- even better, Loaiza had an ERA+ of 84 and 105 in 2004 and 2005 (actually 101 with the White Sox in half of '04) Pretty much the same as Vazquez's 92 and 99 ERA+ in 2004 and 2005.
by BlackBetsy on Dec 14, 2005 3:45 PM CST up reply actions
That's a good comparison
Does the $5 million change your opinion?
Vazquez simply hasn't had the sustained success like Freddy (and Freddy isn't that great, either).
They are overpaying Vazquez. Given that the D'Backs are keeping $1 million from the Yankees (preposterous, IMHO), you are essentially taking $18 million off of the D'backs books AND you are giving them what will be their #2 position prospect (behind Stephen Drew). Great deal for the D'Backs, bad for the White Sox.
And that doesn't even begin to approach the fact that if the D'Backs couldn't trade Vazquez, he would become a free agent and you could get him for less than the 2 years $19 million you would have to pay him (2 years $16 million would be more likely).
by BlackBetsy on Dec 14, 2005 4:18 PM CST up reply actions
but isn't the whole point
by goldstone97 @ South Side Sox on Dec 14, 2005 4:25 PM CST up reply actions
I suggest you wait
I think we both acknowledge that El Duque and Vizcaino are nothing. Nothing. They have no trade value. This deal was Chris Young for Javier Vazquez. Chris Young wasn't going to help the '06 team.
The Sox are in a position to move one of Garland/Contreras for either prospects or somebody who will help this team. Heck, they can even keep them and let them walk for so they'll have 4-6 picks in the first 2 rounds, restocking those prospects you seem so upset about losing.
If AZ can get Chris Young...
by hitlesswonder on Dec 14, 2005 5:07 PM CST up reply actions
Not really
Vazquez
WHIP: 1.25
BAA: .255
K/9: 8.01
K/BB: 4.17
Garland
WHIP: 1.17
BAA: .266
K/9: 4.68
K/BB: 2.45
As you can see, they are pretty close in BAA & WHIP (with Garland having the edge) and Vazquez strikes out more people and has better control.
The big difference is in ERA, Garland's 3.50, Vazquez's 4.20. The thing is ERA is dependent on defense, of which Chicago has a great one and Arizona doesn't. Look at AZ's OF last year: Green, Gonzalez & Terrero? The other problem is that Vazquez gave up 35 home runs (compared to Garland's 26). But, as Cheat mentioned in his entry, look for Vazquez's home runs allowed to drop this year (also it is important to note that Garland gave up 34 in 04). Point is, these are 2 pitchers who were on different ends of the spectrum in luck.
So, essentially Chicago has Vazquez locked up for 3 years at a below market price (look at the market). Compare that to Garland (who will probably be traded) who will only be here for one year.
*KEY
WHIP = Walks + Hits per Inning Pitched
BAA = Batting Average Against
K/9 = Strikeouts per 9 Innings Pitched
K/BB = Strikeouts per Walk
What I'd like to see is a ...
Thx.
Uribe and Tejada D
To top it off they are both from the same town in the DR (bani). Which is also where TIMO is from.
Still guess I'd rather do Garland and Dye for Abreu.
I'm a little pissed about losing Young...
Any speculation on what this means for Garland? McCarthy really isn't going to spend a whole year in the bullpen, is he?
Anyone notice that...
Vazquez's #1 Comp through Age 28 is Brad Radke
Projecting Pitchers with DIPS
We have to look beyond ERA when projecting future pitching performance. The Defensive Independent Pitching Statistics are the most important indicators of performance. Just as you wouldn't use W/L record to predict next year's stats, ERA is too noisy.
Comparing Loaiza to Vazquez is foolish. Here are their walk and K rates.
Vazquez: 2001-2005
BB / K
1.8 / 8.4 in 2001
1.9 / 7.0
2.2 / 9.4
2.7 / 6.8
1.9 / 8.0 in 2005
Loaiza: 2001-2005
BB / K
1.9 / 5.2 in 2001
2.1 / 5.3
2.2 / 8.2
3.5 / 5.8
2.3 / 7.2 in 2005
It is clearly obvious from these data that Vazquez is a far better pitcher than Loaiza. Look at Vazquez' lower walk rate and higher strikeout rate. He consistently shows the skills that Loaiza only briefly flashed.
The other important statistic for pitchers is the number of flyballs they yield, which can predict their homerun rate. Since 10% of major league flyballs become HRs, we can use flyball rate as a indicator of HR risk. Vazquez and Loaiza are similar in this respect.
White Sox fans should be VERY excited about their new starting pitcher.
by Tybor on Dec 14, 2005 4:41 PM CST reply actions
xFIP rankings
Seems particularly relevant for Javy, given his unusual home run/flyball ratio last year, and his ballpark. Since xFIP is:
Expected Fielding Independent Pitching. This is an experimental stat that adjusts FIP and "normalizes" the home run component. Research has shown that home runs allowed are pretty much a function of flyballs allowed and home park, so xFIP is based on the average number of home runs allowed per outfield fly, and adjusted for the home run tendencies of the ballpark. Theoretically, this should be a better predicter of a pitcher's future ERA.
(can someone tell me how to make the pretty boxes for quotes?)
by goldstone97 @ South Side Sox on Dec 14, 2005 5:02 PM CST up reply actions
xFIP definition
The Hardball Times calls xFIP an "experimental" statistic that "should" be a better predictor of future ERA.
I think it is safe to remove those qualifiers from the definition. Hardball Times is not the first group to create such a statistic. Other analysts who have been working with pitching projection and have previously analyzed batted ball data from Baseball Info Solutions have come up with similar models for prediction.
Based on our current knowledge, this is one of the best ways to predict future ERA. Hopefully we will yield some interesting results soon.
I'll add that we are currently analyzing data from Questec to see if pitch information that is not captured in the traditional statistics can explain some of the residual variability in ERA.
by Tybor on Dec 14, 2005 5:13 PM CST up reply actions
DIPs are the beginning, not the end of knowledge
Pitcher A: 1.5 HR/9 - 2.0 BB/9 - 8.0 K/9
Pitcher B: 0.7 HR/9 - 2.5 BB/9 - 5.0 K/9
The answer is that Pitcher B and Pitcher A are just as valuable. The 0.8 home runs per 9 mean, on average, an extra 1.2 runs. The extra walk is only worth .3 runs, and the extra K's are only worth .9 runs.
Your leaving the HR/9 number out completely skews the results. Home runs are vastly more valuable/harmful than walks or strikeouts. Loaiza had a much lower HR/9 rate in 2005 at least.
Here are there comparative ERA+:
Loaiza
- 111
- 95
- 78
- 154
- 84
- 105
- 114
- 135
- 106
- 154
- 92
- 99
What makes a guy who was better three years ago so much better than Loaiza? His K rate? His HR rate is enough to scare me off.
By the way, here are some other ERA+ leaders from 2001 and 2002. Would you want these guys?
2001
Burkett ATL - 145
Kile STL - 140
Miller HOU - 134 (same age as Vazquez)
2002
Lowe - 171(!)
Wakefield - 157
Dessens - 145
You are going to have to convince on something other than what Vazquez has done 3 or 4 years ago.
This trade is going to be a very big success for the Diamondbacks. The $18 million in savings was enough to get rid of Vazquez (see Lowell, Mike), giving them Chris Young makes it a great deal.
Again, this is a guy WHO WOULD HAVE BEEN A FREE AGENT if the D'Backs didn't trade him. Talk about zero leverage. Much like the Thome trade, the Sox got a valuable guy, but they overpaid under the circumstances.
by BlackBetsy on Dec 14, 2005 6:03 PM CST up reply actions
Using 2005 hr/9 is disingenuous
HR Ballpark Factors
BankOne: 1.157 (#9 in MLB)
RFK: 0.775 (#25 in MLB)
Loaiza's hr/flyball ratio: 0.10; Vazquez: 0.18
by goldstone97 @ South Side Sox on Dec 14, 2005 6:34 PM CST up reply actions
Check Loaiza's splits
9 on the road, 9 at home.
Loaiza pitched in the AL from 2000-2004 and had the same or better HR rate than Vazquez. Including in Toronto (107 park factor) and Chicago (you know the HR factor).
(1) Vazquez is not worth the $19 million the Sox will be paying him over the next two years. If the Sox really wanted another starting pitcher, they could have gotten Loaiza or Byrd for $2.5 million less per year.
(2) Chris Young was too much to give up. Again, Vazquez HAD TO BE TRADED - Arizona had zero leverage. And the Sox give up Chris Young? Not smart.
by BlackBetsy on Dec 14, 2005 7:08 PM CST up reply actions
is what I am reading wrong
kind of
On the other hand, if Vazquez demands a trade and is not traded by a certain date, he has the right to void his contract and immediately becomes a free agent. So if Arizona didn't unload him, he would be a free agent if he wanted.
by BlackBetsy on Dec 14, 2005 7:28 PM CST up reply actions
OK, let's look at Loaiza's splits
And here are some more of Loaiza's splits from 2005:
Home
ERA 2.86 WHIP 1.13
Away
ERA 4.71 WHIP 1.47
Nice.
Loaiza is over 4 years older (so is Byrd) and has worse career numbers. Who would you rather have 3 years from now (presuming the Sox keep Javy the 3rd yr), when their respective deals expire? You really don't think someone with Vazquez's advantage in age and k/bb over Loaiza doesn't have a lot more upside?
by goldstone97 @ South Side Sox on Dec 14, 2005 7:38 PM CST up reply actions
how this all started
Sure, I'd rather have Vazquez than Loaiza, but only because he's younger. His HR rate and his G/F scares the bejeezus out of me. He'd be a perfect pitcher for the Washington Nationals in cavernous RFK. But he's a shell-shock candidate at the Cell.
But if the question now becomes, "Would you rather have Esteban Loaiza, Chris Young and $2.5 million for the next two years or Javier Vazquez?" my answer is going to be Loaiza, Young and $2.5 million every day of the week and twice on Sunday.
by BlackBetsy on Dec 14, 2005 7:42 PM CST up reply actions
budget ramifications
Sure Loiaza, Young, and $2.5M sounds nice, but that's not how it works, or even accurate for that matter.
You're taking the $24M Vazquez is owed, and subtracting the $5M included to come up with your $19M figure. I seem to recall 2 other pitchers in the deal too. Sure, they're easily replaceable, but they're easily replaceable pitchers with about $6.5M in contracts next season. El Duque was going to be pretty useless to the '06 Sox, and Vizcaino was in danger of being non-tendered. From my point of view, the Snakes gave us $11.5M in that deal.
Yeah we're paying Vazquez $19M over the next two seasons, but it costs less to the bottom line when the other players are factored in. -- Could we have singed Loaiza? Sure, but he would have pushed our budget to near the $100M mark. And I don't think you would have found many takers for Viz/Duque without the inclusion of a top prospect.
And I never refused anything. I found it hard to classify. ;p
I'm more open-minded than that.
Don't understand your math
The Sox will be paying Vazquez $9.5 million per year.
That's the $2.5 million I'm talking about. If the Sox really wanted another starter, they could have signed Loaiza, kept Young and would have been $2.5 million better off.
Now, El Duque may have been owed $4.5 million in 2006, but you can easily get rid of his salary. You could deal him for a low-level prospect to an NL team - Washington has a couple of holes in its rotation & has his brother on the team. Or you could just put him on waivers - I really doubt that he'd go through waivers given that the commitment is only 1 year and $4.5 million.
So I don't understand why the budget would be worse with Loaiza + Young vs. Vazquez. It's $2.5 million more with Vazquez.
The other, perhaps better, alternative, would be to trade El Duque (maybe get someone like Terrmel Sledge or another 4th OF) and give the 5th spot to BMac. You'd save $4.5 million in 2006, which you could use to sign Garland to an extra 2 years. Here's the math:
all other Sox salaries equal and No El Duque
2006 2007
w/ Vazquez $9.0 $10.0
(no Chris Young)
w/ Loaiza $7.0 $7.0 ($5 million savings)
(w/Chris Young)
w/ BMac $0.3 $0.3 ($19 million savings)
(w/ Chris Young)
I'd save the $19 million and give it to Garland in 2007-09.
Even if you assume that Garland is going to get traded to another team in a later deal for a great player (read: Tejada), that doesn't justify giving up Young in THIS deal. In fact, it just makes the second deal less likely because you don't have Chris Young to trade any more (for example, Garland + Uribe + Young for Tejada is a deal I do every time if I'm the Orioles)
The Sox have a history of overpaying for guys they fall in love with. Freddy Garcia is one; Brian Cashman was floored by what the Sox offered in '04. Thome had no job in Philadelphia; just taking on the $16 million in salary was worth Aaron Rowand. And now Vazquez, for whom the D'Backs had zero leverage because of his trade demand, they've taken on $19 million and given up their best position player prospect. Garcia hasn't hurt them, but I fear the Thome and Vazquez deals will. Play with fire enough, and you'll get burned.
by BlackBetsy on Dec 14, 2005 9:31 PM CST up reply actions
Cashman's judgment?
Pavano
K Brown
J Wright
As for Vasquez, sounds a lot like the criticism of the Garcia deal - right down to similar stats. True, he would have been a FA, but KW could not have signed him for market rates + el duque + vizciano.
by BayAreaSoxFan on Dec 15, 2005 1:42 AM CST up reply actions
Another point
And El Duque at $4.5 million and 1 year is a pretty reasonable price considering. The Sox just overused him last year; he'd have been much better with less use. He should be a Sunday starter, as I've argued for a year now.
by BlackBetsy on Dec 14, 2005 9:34 PM CST up reply actions
Please re-read my post
The xFIP does not consider HR rate. It looks at the number of flyballs (from the GB/FB ratio) as a predictor of future HRs.
This is the appropriate approach, since we know that in MLB, 10% of flyballs become homers. Any fluctuations below or above the 10% are random noise. If you look at Vazquez, he was unlucky in this respect in 2004 (13%) and very unlucky in 2005 (16%). Loaiza's stellar 2003 was due in part to his luck at keeping flyballs in the park (8%). In projecting the future, our most accurate projections will come by assuming 10%. (Actually there is a slight park effect, Comiskey being around 11.5-12.0%, but I digress.)
So you misrepresented my post by saying that I "left HR out." I simply said that Loaiza and Vazquez had similar GB/FB patterns, so the HR factor is a wash. Read the xFIP definition at Hardball Times and it should clear up the issue.
You also said "you are going to have to convince on something other than what Vazquez has done three or four years ago." I'm not trying to convince you of anything - I'm just putting the relevant data out there to let you draw your own conclusions.
And the relevant data are a 1.9 walk rate and an 8.0 K rate.
ps - Also, I agree that the DIPS is just step 1 (maybe step 2, depending on whether you sided with Bill James when he said pitchers were too unpredictable) of pitching projection. With pitch-by-pitch data becoming available, the real paradigm shift is on its way.
by Tybor on Dec 14, 2005 6:50 PM CST up reply actions
And response
Well, if your argument is based on that, then it falls apart. G/F for Loaiza and Vazquez:
Career:
Vazquez: 1.09
Loaiza: 1.34
By year, since 2000:
Year Loaiza Vazquez
2000 1.18 1.51
2001 1.36 1.28
2002 1.32 0.94
2003 1.44 0.83
2004 0.98 0.85
2005 1.21 1.19
Three of the last four years Vazquez has had a G/F ratio of less than 1, while 3 of the last four years Loaiza has had a G/F of 1.2 or better. In fact, their career G/F would be more distinct if Vazquez had not had an outlier season in 2000.
Vazquez is going to give up a LOT of bombs at US Cellular next year. The best thing to do is give him the Freddy Garcia treatment and skew his starts to the road.
The Sox need groundball, low-HR rate pitchers. Vazquez isn't one of them. You know who the best ones would be? Brandon Webb. Carlos Silva. Now those guys are worth trading Chris Young for.
by BlackBetsy on Dec 14, 2005 7:20 PM CST up reply actions
too bad
we've got anderson ready in CF and owens soon to be ready. there are other outfielders in the farm. we traded surplus requirements to get a serviceable 4th or 5th starter and saved money. we're now in a position of strength to dictate terms to garland or contreras. makes sense to me.
ugh
(2) the Sox are not saving money. They are TAKING ON $13 MILLION IN SALARY AT MINIMUM. $19 million for Vazquez minus $4.5 million for El Duque and $1.5 million for Vizcaino. And that $1.5 million for Vizcaion is only on paper; the Sox could non-tender him and pay him nothing.
by BlackBetsy on Dec 14, 2005 9:37 PM CST up reply actions
and
you forget the money the sox will now be able to save by dumping contreras/garland in the next trade. and the wheels are still in motion. wait until the roster is set and then evaluate the moves. and then we can evaluate the moves again at the end of the year. there's a big picture here. and for me the big picture is KW making moves that will allow us to stay competitive for more than 2006. we were never, ever going to be able to afford garland. we've got his replacement now and what looks to be far less than market rate for "average" pitching come next offseason. bmac goes in for el duque. presuming we sign contreras, we have a very solid rotation set up through 2007. sounds good to me.
and if for some reason we start to stink, don't you think we could get more than chris young for vasquez at the trade deadline?
Vazquez unlucky?
by hagan on Dec 14, 2005 9:37 PM CST reply actions
Home run rates
- 10%
- 11%
- 14%
- 18%
Chase Field increases HR/OF rates about 3%. The Joan increases rates about 14%.
Let's say, based on the above data, that Vazquez is a home run pitcher, and his "innate" level is around 13% (two points higher than the league average). That indicates his rate will be 15% next year, which is pretty high.
Last year he gave up 1.5 HR per game. At 15%, that would decrease to 1.25. The net impact is an ERA decrease of 0.1. Not as much as you might imagine.
At first, I liked this deal for the Sox a lot. But Young is a great prospect and, unless there is a terrific market for Garland or Contreras (which there might be), I'm not so sure now. I'll wait and see what happens next.
Questions for Studes
My reading of the bottom line is that when we project a pitcher, we should use the league average HR/FB rate. 10%. And we can park-adjust it for better accuracy.
If the variability around the league average can be mainly attributed to luck, then I hesitate to look at Vazquez' 2002-2005 numbers as indicative as a "trend." Just as we wouldn't say that a decreasing BABIP showed a trend, it is inappropriate to label this pattern as a trend. You are of course correct to say that his 2006 rate is likely to be closer to the league average.
Finally, no doubt some readers will think I am a moron, because it is painfully obvious by watching Vazquez that he is simply one of those "homerun pitchers." But I think there is an interesting discussion to had about that label -- does that tag only come after a pitcher has been victimized by bad luck on his HR/FB rate??
Studes, I would love to hear more of your thoughts on this. Particularly about the "innate" level. Your work with these hit-type data has been great. If anyone reading this has not yet purchased the Hardball Times 2006 Annual, you are missing out on some great analyses by Studes et al.
http://www.actasports.com/detail.html?&id=076
by Tybor on Dec 15, 2005 11:55 AM CST up reply actions
Some answers
Thanks for the Annual props. As you know, the Annual found that there was a .08 correlation in one-year HR/OF stats. That's almost random, but not quite. To regress to the mean, you'd use a 90/10 rule.
To use another data point, Shandler's analysis of HR/Flies, they found that pitchers regresssed toward the mean (in their case 10%) but not totally. Pitchers who gave up an average of 13.7 in one year allowed 10.5 the next, and those who allowed 7% gave up 8.9% the next. Again, strong regression to the mean, but not total randomness.
I believe the correlation would increase with several year's data, perhaps to .2, maybe a bit more. That's one of my offseason projects. And, as you know, blanket regression analyses like that can completely miss certain underlying trends.
So, bottom line, I don't believe that HR/OF is completely random. If you take Vazquez's four years and regress him to the mean using some reasonable factor, my guess is you'd get around 13% instead of the average of 11%. That's what I based my assumptions on.
Re: your other point, I didn't mean to say that Vazquez was exhibiting a trend in any predictive way. Just that the data clearly trended up during the timeframe in question.
more data = good
by Tybor on Dec 16, 2005 10:14 AM CST reply actions

by 















