The two biggest expiring contracts we have to deal with this offseason are those of DH David Ortiz and closer Jonathan Papelbon. Even though we can’t imagine a Red Sox team without these two integral players, they are both Type A free agents. Letting them walk and signing a replacement would result in a net gain of one or two high draft picks, which is very tempting. Should they be replaced? Can they be replaced? And with whom should they be replaced are some of the biggest questions facing new GM Ben Cherington. Let’s look at the DH problem first. Paying less for a DH seems like a very good way to drop payroll, as no other team has been paying $12M/year for their DH (of course, no other team has been getting our production from the DH spot, either).
What will we be missing?
Ortiz has become THE definition of a prototypical designated hitter, producing a number of stellar seasons since being signed by Theo Epstein before the 2003 season. In his first 5 seasons with Boston, Big Papi produced slugging percentages around or exceeding .600, but has fallen to earth quite a bit since then. Entering his age 36 season, we face the tough choice of re-signing this face of the franchise, or possibly letting him go to a division rival.
Ortiz had quite a renaissance 2011, slashing .309/.398/.554 and smacking 29 home runs. He cut his strikeouts significantly, becoming a much more selective hitter in the process; he posted a career-best 83.3% contact rate. His .321 BABIP suggests that it wasn’t just lucky hits that inflated his numbers, but it was in large part actual performance. Even with the excellent year, here’s what we see for the aging slugger over the next three seasons:
Looking at these projections, you can see why a lot of people have been warning against anything longer than a two-year deal for Ortiz; it’s thought that he’s looking for three years. There’s a very good chance that his offensive value just crashes in 1-3 years, so I really would not sign him for more than two years plus maybe a team option. Read more of this post