Before Christmas weekend, I posted what is likely to be the Red Sox’ opening day roster and I think it was pretty evident that I liked what is in store for Sox fans in 2005. I have been painting such a rosy picture here lately because when you compare what can reasonably be projected for the 2005 Red Sox versus the performance of the 2004 Red Sox, Theo and the Red Sox front office have done almost everything anyone could have hoped for. They have made significant improvements across the board. But as I have stated before, what was good for the 2005 Red Sox was not necessarily good for the 2007 Red Sox and it is with this in mind that I will consider the longer-term state of the club, analyzing the players and contracts that will still be on the books for the 2007 season.
The Red Sox have six players that they know will be under contract in 2007 and a seventh (David Ortiz) that I think would have his option picked up by the team. They are (listed by name, age in 2007 and salary):
Matt Clement, 32, $8.3 million
Clement should still be an effective starter at this time, as his high K-rates make him a likely candidate to provide quality innings well into his thirties. I would even suggest that if he could curb the walks a little bit, Clement could be an elite starter at this point in his career. Remember, his closest comp is Jason Schmidt, a strong right-handed K machine that will be 32 this season and has emerged as one of baseball’s better starting pitchers. We’re getting ahead of ourselves, though. A more conservative projection for Clement is that he will still be good and being compensated commensurate with his performance, give or take a couple million dollars either way.
Keith Foulke, 34, $5.25 million (with complicate options that could pay him a good deal more)
I have mixed feelings on this one. Because reliever performance fluctuates so dramatically from year to year, parking big money in your bullpen is generally a good way to ensure you won’t be maximizing bang for your buck. Bargains emerge every year and highly paid veterans see their effectiveness fall off the table. But Keith Foulke is most definitely the exception to the rule. Since 1999, Keith Foulke has turned in one remarkable year after another and is currently as reliable as anybody not named Gagne or Rivera. Further, he pitches more innings than your run-of-the-mill closer and seems to have no problem eschewing the “quick, get as many saves as I can” mentality that many at the back end of bullpens seem to have. He knows that saves mean next to nothing. So I reckon that Foulke will still be good in 2007. He doesn’t rely as heavily on velocity as many closers do and there is no reason to think his devastating change-up or pinpoint accuracy will disappear. Like Clement, he too is a good bet to be pitching well enough to justify his salary in 2007.
David Ortiz, 32, $7.75 million (provided the Sox pick option up)
I’m sold on Ortiz. I think he has a rock-solid approach at the plate and provided he stays healthy, this contract should be just fine. There are two red flags, however. First, there are doubts about Ortiz’ age. Now, anything I could add to that discussion would be utter speculation on my part so I don’t care to harp on it but it is an issue. If in 2007 Ortiz is 35 and not 32, obviously that changes things. Second, even if Ortiz is just 29 right now, players with this body type have historically fallen off of their peak more rapidly than younger, more fit players. The good news here is that the Red Sox will not have to decide whether or not to pick up Ortiz’ option until after the 2006 season when we all will have a better idea of what type of player Ortiz will be.
Manny Ramirez, 35, $18 million
Manny is overpaid now. Let’s just make sure we all understand that. He will be grossly so in 2007. Like Ortiz, because of his body type, I think Manny is a good bet to regress considerably starting in one of these years. As his athleticism declines, so will his already poor fielding skills and as long as David Ortiz is on the roster, there’s nowhere to hide Manny. It stinks to think about it since Manny is the best hitter I have ever seen in the carmine hose but all of the rumors about the Sox looking to unload him make all the sense in the world. Sooner than any of us think, Ramirez will become burdensome and he will most certainly be so in 2007.
Edgar Renteria, 32, $10 million
Like Ramirez, I would submit that Renteria is already overpaid. 2003, his .330/.394/.480 season, seems to be a true outlier. In all likelihood, Renteria will be above average throughout the life of the deal but one has to wonder how good of a player he will be in 2007. 32 may not seem so old but Renteria’s position requires supreme athleticism and even mildly declining skills can translate into seriously diminished effectiveness. Lose a step or two to both sides at short and the team ERA can spike. If you slug just around .400 or so, you better be able to get from first to third on a single to right or score on most singles from second. I am afraid $10 million for Renteria in 2007 may really be out of whack.
Curt Schilling, 40, $13 million
Tough to call. Given Roger Clemens’, Randy Johnson’s and new teammate David Wells’ respective successes into their forties, it would be foolish to altogether write off the possibility that Schilling will still be a dominant starter. But the smart money says that he will start to miss a little time each year and lose a little effectiveness by 2007. Schilling will most likely be a top 15 starter instead of a top 5 one. Still, there is nothing wrong with that and even though he will probably be overpaid, it won’t be by an overly burdensome amount.
Jason Varitek, 35, $10 million
This one is gonna hurt. His offense is solid but his defense continues to slip. Varitek right now is the very worst catcher in the American League with respect to throwing out runners. I am willing to accept that he adds something in the clubhouse and that his handling of a pitching staff may even shave a little off of the team ERA. But all of the magical, intangible pixie dust in the world doesn’t change the fact that catchers decline quickly and that even in his current form, Varitek is a very good and not great player. His .882 home OPS since 2002 is remarkable but it also appears that a lot of the credit for his success belongs to the cozy dimensions of Fenway Park. His road OPS over the same stretch of .760 isn’t quite as impressive and may be more indicative of his true value. By 2007, I think Varitek’s contract will be an enormous drain on the team and the $6 or $7 million dollar player we all know and love right now will probably be worth about $2 or $3 million by then while being paid $10 million.
None of this is earth shattering and it’s not like the Red Sox did not perform analysis of this sort. And so since they undoubtedly know they will have a number of overpaid players by 2007, what does that say about their long-term plan? I could be wrong but it seems to me that they are making a huge bet on continued progress of a strengthening farm system. With over $72 million dollars in 2007 being allocated to 7 players and at the most, two premium talents, the Red Sox will need to go out and acquire a top tier free agent or two in order to continue to contend. If a top-flight free agent acquisition is going to be feasible, it will be imperative that they round out their roster with quality, homegrown talent that will be able to make significant contributions on the cheap. Without serious production from a couple of this year’s Portland Sea Dogs and say, Kevin Youkilis or another prospect or two they could potentially acquire for Millar or Mientkiewicz, the Red Sox will have a difficult time maintaining their elite status into 2007 and 2008. It’s a big bet that shows Epstein has the utmost confidence in his player development and scouting staffs. We’ll see how it plays out.