National Post

MLB teams bank on making big splash

Plenty of stars set to hit market after 2018

- Dave Sheinin Washington Post

• As t he 30 Major League Baseball teams prepare to head to Florida and Arizona this week for spring training, it brings to a close one of the sleepiest off- seasons in recent years, one that saw just one nine- figure free- agent signing ( Yoenis Cespedes to the Mets), one blockbuste­r trade (Chris Sale going from the White Sox to the Red Sox) and many traditiona­lly big spenders ( Yankees, Dodgers, Cubs, Mets) largely standing pat or getting leaner.

But in a strange twist, even as the 2017 season approaches, the entire industry is transfixed on the epochal free- agent class that is still two winters away — a massive wave of talent that is acting as a black hole governing the sport’s transactio­nal physics, its sheer gravitatio­nal pull affecting just about every team’s decisions some 21 months beforehand. And its presence out in the distance helps explain the relative inaction this winter.

Assuming t he players don’t re- sign with their current teams, that 2018- 19 free agent “superclass” will include Washington Nationals outfielder Bryce Harper, for whom numbers such as $ 400 million have already been floating around the industry, and Baltimore Orioles third baseman Manny Machado, whom many con- sider to be just as valuable, if not more so.

It also would include hitters Josh Donaldson and Andrew McCutchen, starting pitchers Matt Harvey and Dallas Keuchel and relievers Zach Britton and Andrew Miller.

And should they exercise opt- out clauses, ace lefties Clayton Kershaw and David Price also could hit the market that winter.

It is considered the best free agent class since at least 2000- 01, when Alex Rodriguez, Manny Ramirez, Mike Mussina and Mike Hampton all hit the market at the same time and all of whom, to one degree or another and for better or worse, altered the trajectori­es of the teams that signed them.

“Every team has threeand five- year outlooks that involve upcoming free-agent classes,” Chicago Cubs general manager Jed Hoyer said. “But it’s been a while since a class like that one has come along.”

The calculatio­ns regardi ng that free- agent class affect not only the teams, such as Washington and Baltimore, that stand to lose their franchise cornerston­es — and whose championsh­ip windows may be closing accordingl­y — but all the other teams contemplat­ing bidding on one or more of those players and whose payroll decisions for 2017 may be influenced at least in part by what the 2019 season could hold.

When the Chicago White Sox traded away their ace (Sale) and their leadoff man (Adam Eaton) to Boston and Washington respective­ly during the winter meetings, receiving seven prospects in return and shedding more than $ 30 million in guaranteed future salaries, they ac- knowledged their designs on that 2018-19 free agent class.

“Two years f rom now, there could be a lot of highimpact talent potentiall­y available,” White Sox GM Rick Hahn said. “To plan with specific targets in mind right now is probably a little foolhardy, but we’ve all noticed the potential depth of that class and we’re going to be ready.”

Goi n g to be ready? They’re already ready. The White Sox have just $ 4.25 million committed to 2019 payroll, all of it in the form of buyouts of team options to a trio of veterans.

The White Sox aren’ t alone in shedding future payroll commitment­s and in clearing room for a spending spree after the 2018 season.

The Phillies have j ust $ 5.35 million committed to 2019 payroll and the Cubs have just $72 million.

Neither signed a f ree agent to a multi- year deal this winter.

The Mets have $53 million committed in 2019 and essentiall­y sat out this winter’s free- agent market after resigning Cespedes.

The Dodgers, meanwhile, after doing little more than re- signing their own free agents this winter, have $ 107.5 million committed to 2019. But if Kershaw opts out, that number drops to $ 72.9 million. ( All payroll figures are from baseballre­ference.com.)

While some of the i ndustry’s new- found austerity can be explained by the new, more onerous luxury tax penalties in the latest collective bargaining agreement — with taxes of up to 95 per cent for repeat, excessive spenders — it’s no coincidenc­e that baseball’s bigmoney teams are reducing future payroll commitment­s just in time for the superclass of free agents to arrive in 21 months.

Look no further than the New York Yankees. Even though they likely will field another $ 200- million- plus team in 2017, they have shown a remarkable commitment to youth and developmen­t in recent years and have just $ 74.2 million on the books in 2019 payroll, by which time they will be out from under the contracts of Alex Rodriguez, CC Sabathia and Chase Headley, among others.

While the Yankees say their strategy is about developing young players and not about clearing space for massive spending on free agents — “We’d rather produce those types of players ourselves than have to go out and bring them in through free agency,” GM Brian Cashman said — their stated goal of getting under the $ 197- million luxury tax threshold by 2018 has one significan­t benefit: It would reset their tax rate from the 50 per cent they paid in 2016 to as low as 20 per cent.

And that would happen just in time for the superclass of 2018-19 to arrive. It’s little wonder that it is considered more or less a given within the i ndustry that the Yankees will sign either Harper or Machado that winter — should one or both be available, of course.

It’s rare, if not unpreceden­ted, for a future free-agent class to hold such sway over baseball’s economy so far in advance, but never before have two players like Harper and Machado arrived at free agency at the same time. While that free-agent class is deep in talent and could get even deeper should Kershaw and/or Price opt out of their deals, Harper and Machado are different animals.

Both will be just 26 years old at the end of the 2018 season compared to 30 for Kershaw, 33 for Price and 32 for Donaldson, to name three others — recalling Rodriguez’s first foray into free agency in 2000- 01 at age 25, when the Texas Rangers signed him for 10 years and $ 252 million. MLB’s total revenues were less than $ 5 billion, then but could be $12 billion or more by 2019.

“Those players who are 26-, 27-, 28- year- old free agents are very, very highly coveted,” agent Scott Boras, whose clients include Harper, said earlier this offseason.

“A lot of clubs have now marshaled their positionin­g to that age group.”

There is a baseball season approachin­g mere months away and in places such as Boston, Los Angeles and the north side of Chicago, there is an appropriat­e level of excitement for what 2017 could bring with little need or inclinatio­n to worry about what lies beyond.

But for the folks who run those teams — and all the other teams — there is always one eye trained on the future. And simply because of what is coming 21 months from now, that has never been more true.

A LOT OF HIGH-IMPACT TALENT (IS) POTENTIALL­Y AVAILABLE.

Newspapers in English

Newspapers from Canada