One of the many disadvantages of being a small market team in baseball is the harsh reality that often teams will be forced to part with their superstar players as they rise through the arbitration process. As has been the case in the past with Matt Garza and James Shields, Tampa Bay is expected to field trade offers for starter David Price this offseason.
Price, a 28-year-old left-handed pitcher and the 2012 AL Cy Young award winner, regressed a bit this past season, posting a 3.33 ERA with 151 strikeouts over 186.2 innings pitched in 2013. For his 6-year major league career, Price owns a 71-39 record with a 3.19 ERA, 1.158 WHIP, and 876 strikeouts in his 973 professional innings. A three-time All-Star, Price earned $10.1 million in 2013, and is scheduled to receive a pay increase in each of his two seasons before he reaches free agency in 2016.
In January 2011 Tampa faced the similar situation of a star pitcher getting too expensive for their payroll and decided they needed to part with Garza; they sent him, along with OF Fernando Perez and LHP Zachary Rosscup to the Chicago Cubs in exchange for prospects RHP Chris Archer, SS Hak-Ju Lee, OF Brandon Guyer, and catcher Robinson Chirinos.
Then last December a similar circumstance occurred with RHP James Shields, who was jettisoned along with RHP Wade Davis and a PTBNL for OF Wil Myers, RHP Jake Odorizzi, LHP Mike Montgomery, and 3B Patrick Leonard. The similarity in these trades is that the Rays’ received two elite prospects in Archer/Lee and Myers/Odorizzi, along with two other solid players. However, both trades included other players of value leaving Tampa, allowing the Rays to score four total prospects in these deals.
Although the farm system has been depleted the past two years due to big league graduations, the Nationals could still make a competitive offer for Price. Washington would presumably begin offer Anthony Rendon and the choice of two of AJ Cole, Brian Goodwin, and Taylor Jordan, along with a fourth player like Zach Walters. I would guess this initial offer is rejected, with the Nationals’ final offer being Rendon, Cole, Goodwin, and another prospect.
This potential package would be quite tempting for Tampa, but probably twenty other teams will make offers for Price, so the competition will be fierce. While the opportunity to add Price to the Nationals’ starting rotation would be a coup, other teams lacking front line starters like Gio Gonzalez, Stephen Strasburg, and Jordan Zimmermann could covet him more. Teams with impressive prospects such as the Los Angeles Dodgers (Joc Peterson, Corey Seager, and Julio Urias), St. Louis Cardinals (Joe Kelly, Shelby Miller, and Kolten Wong), and Texas Rangers (Jorge Alfaro, Martin Perez, and Luis Sardinas) are expected to have significant interest and put together a compelling offer.
Most expect the Nationals to make an offer for Price, as another outstanding starting pitcher would significantly bolster this roster. However, the cost of parting with starting second baseman Rendon, two to three other top-ranked prospects, and paying him $25+ million the next two seasons should temper Washington’s desire to acquire Price. In addition with Ian Desmond and Jordan Zimmermann seeking lucrative contract extensions, the Nationals’ payroll might not be able to sustain another expensive superstar in future seasons.
The Nationals should ultimately pass on trading for Price, unless the cost unexpectedly drops. Rather the Nationals should look to sign one of the many quality starters available (Bronson Arroyo, Scott Feldman, Dan Haren, Paul Maholm, Ricky Nolasco, or Jason Vargas) or trade for someone like Kyle Lohse. In the end, expect the Nationals to be part of the chase for David Price, but the competition will make the terms excessive, and force Washington to look elsewhere in their continuing search for another starting pitcher.