A Devil’s Advocate View of the Roberts’ Extension
The Baltimore Orioles locked up second baseman Brian Roberts to a four-year, $40-million extension on Friday. The deal, which begins in 2010, will keep Roberts in Baltimore until 2013.
Although this move shows the fan base that the O’s are willing to spend the money left over from their pursuit of hometown hero Mark Teixeira – especially when the $66.1M used to lock up potential future MVP candidate Nick Markakis for the long term is factored into the equation – the price and length of the Roberts deal raise some minor red flags.
Roberts is one of the premier second baseman in the game, providing above-average production and solid (until recently, at least) defense at the keystone. In addition, he is also among the most effective leadoff hitters, with solid-on base skills and plus speed. He is a career .296/.378/.450 hitter who has averaged 182 base hits, 52 extra-base knocks, 103 runs scored and 73 walks per 162 games during his eight-year career.
Roberts put up his finest single-season performance in 2005, when he posted a line of .314/.387/.515 with career highs in home runs (18), OPS+ (139) and wOBA (.389); he was worth 6.5 value wins, according to FanGraphs. Although he came back down to earth a bit when an elbow injury cut short his 2006 season (95 OPS+, .337 wOBA), he has remained fairly consistent and well above-average for his position since then. The homers have turned into doubles for him, it seems, but the 31-year-old infielder rebounded nicely to produce practically identical stat lines while garnering roughly the same amount of plate appearances in 2007 and 2008. He batted .290/.377/.432 with 180 hits, 63 for extra bases, and 268 total bases in ’07, following his age 29 campaign with a line of .296/.378/.450 and 181 hits, 68 for extra bases, and 275 total bases in ’08.
Roberts has also become a much more efficient base stealer with age and experience. By his own admission, he is not the fastest runner out there. He has established himself as one of the game’s top base-swiping thieves by using excellent base running smarts, though, increasing his steal totals considerably while his caught stealing totals have dropped since he was caught 12 times out of 41 chances back in 2004.
Although the outs that he cost on the base paths reached double digits again in ’08, he has racked up an impressive 126 thefts in 150 chances since ’06. More encouraging, he has also become more selective, as his walk rates (12.5% in ’07, a career best, and 11.8% in ’08) have improved as well, increasing his isolated on-base percentage figures. He has put up 4.44 and 4.45 totals in FanGraphs’ value wins during ’07 and ’08, respectively, which is quite impressive.
Thus, based on pure performance, one would assume that Roberts will easily earn the annual value of his new contract. There are other factors to consider here, however.
Baltimore is now, after a decade of futility, on the right track, with several cost-effective, top-flight prospects ready to make an impact in the near future; the most notable example, of course, is Matt Wieters. Wieters, the game’s premier prospect, is a rare catcher who projects to hit like an All-Star middle-of-the-order hitter while providing above-average defense behind the plate. Even with the Orioles’ minor league system making tremendous progress as the organization has finally shifted its efforts to a necessary rebuild mode, it is going to be at least a few years before there are any meaningful games played at Camden Yards. Being stuck in the American League East certainly will not do them any favors.
Which means that Roberts is not likely to be one of the key cogs of the next truly great, playoff-caliber O’s club. Even if the franchise does in fact make a run at some point with him in uniform, by the time a winning transformation occurs chances are slim that he will maintain his current level of performance. He will be reaching his mid-30s on the back-end of the deal, when the young pitching developing in the system – led by Top 100 prospects Jake Arrieta and Chris Tillman – is expected to establish itself while vaulting Baltimore into the deep AL East mix, perhaps as early as 2011.
Second basemen, outside of a few exceptions, generally do not age well, as the wear and tear of the position gradually takes its toll. Roberts has an exceptional work ethic and does not exactly have “old-man” skills, which should quell some fears of a major fall off. His defense is, as expected given his age, already declining (his two most recent UZR ratings fall at -1.8 and -3.7) and probably going to get worse. Plus, while his strikeout rate has risen while his patience has improved, he is unlikely to hit for much power again, either. So, though the O’s might be hovering near contention by the end of the duration, the lineup will probably feature a different, vastly inferior version of Roberts, whose overall value will drop considerably if his defensive output continues to worsen.
Roberts, again, is an elite ballplayer – certainly much more attractive than any internal options in the short term for Baltimore. During 2010 and perhaps ’11, he could even prove to be a bargain, comparing dollars earned to dollars made. Those final years, though, are where the risk lies, of course.
Whether or not Roberts would have commanded this much on the free agent market next offseason is up for debate as well. Although he should earn the paycheck in the early years based on the wins that he provides above a replacement-level player, there is no telling how the market would have unfolded for his services. Orlando Hudson, though not nearly as productive or talented, was forced to swallow his pride and settle on a one-year, $3.5M last-minute offer from the Los Angeles Dodgers. Hudson was hurt by the fact that he was a Type A free agent and attached to a draft pick during a time in which cost-conscious general managers are valuing early draft picks more than ever. Odds are Roberts would have found himself in a similar predicament next winter, though the economic climate should be more favorable and there will be a less impressive supply of available free agent targets.
Considering the risk for a decline in the long run, on a team in transition, perhaps Baltimore would have been better off continuing to pursue trade opportunities (though the market in this route had been fairly limited), as it takes a stretch of the imagination to fathom that his trade value will ever be any higher. The club can certainly look to unload Roberts in the future, but the salary, combined with even only a slight drop off in performance, may limit the demand for his services via trade even more. Cashing in now or rolling the dice to see how the upcoming months unfolded with the economy/his performance/trade offers may have been the right play, and, in this market, that final year seems a bit excessive.
The thought process – attempting to create buzz amongst a frustrated fan base by spending money to keep a popular product of the Orioles’ farm system and favorite in the local community in uniform – behind the decision was certainly not all that terribly flawed. However, all of the rejoicing in the land of the Ace of Cakes and near-universal praise for the move in the local and national mainstream media might seem like a forgotten memory if a major collapse indeed occurs when the Orioles are actually ready to compete down the road.
Tyler Hissey writes about Major League Baseball at MVN.com, serving as the editor of Around The Majors. Hissey is also a frequent MLB contributor to various radio stations and hosts a baseball-related show on BlogTalkRadio.