Much is being made of the fact that Jayson Werth is in the last year of his contract with the Phillies. Werth is due $7.5 million this year, which will make him the 7th-highest player on a team that has a $138 million payroll for the 2010 season. Ruben Amaro has made a lot of noise about the fact that this team is not the New York Yankees, presumably meaning that the Phillies cannot afford to have more than 4 or 5 players making more than $15 million per season. How this relates to their ability to resign Werth is unclear at this point, so let’s take a look at some of the Phillies’ payroll commitments for the near future.
In the short term, the six Phillies who will make more money than Werth this season are Ryan Howard ($19 million), Roy Halladay ($15.75), Chase Utley ($15.29), Raul Ibanez ($12.17), Brad Lidge ($12) and Jimmy Rollins ($8.5). All six of these players are under contract for the 2011 season and only two of them, Howard and Halladay, are due raises in ’11 ($1 million and $4.25, respectively). This means that the Phillies are committed for about $88 million in 2011 for their top players and $133 million altogether.
Going a step further, Raul Ibanez’s advanced age and free agent status makes him a certain subtraction from the Phils’ payroll in 2012. Brad Lidge (who knows what he’ll be like in 2 years) is only due $1.5 million in 2012. Utley and Halladay are both under contract through the 2013 season so Jimmy Rollins will have to be renegotiated (2012 is the last year of his deal). With the bulk of the Phillies minor league talent existing in the form of outfielders, the need for Werth’s services past the 2011 season are questionable, which may make parting ways with him palatable for Amaro and the organization. But that all boils down to how much money Werth can expect from suitors in the free agency market.
Obviously, Ruben Amaro is better in touch with the mechanics of free agency than we are, so let’s just do a cursory look at what Werth, a career .265 hitter, can expect in the form of a raise. Statistically, Werth is coming off his most impressive season. He hit 50% more home runs in 2009 than in his next-most productive season (24 in 2008). He’s never tallied more than 100 RBI (max was 99 last season) and he’s never had an OPS better than .879. His career strikeout-to-walk ratio isn’t good (just about 1 BB for every 2 Ks) and while Werth does have good range in right field, his speed hasn’t translated that well to his stolen base totals: his best seasons were ’08 and ’09 where he stole 20 bases each season. For his career, he steals a base about once in every nine games he plays.
Let’s take Jason Bay’s signing by the Mets as a comparison. Bay’s contract will pay him $54.5 million over the next 4 years, plus a $17 million club option for 2014, meaning he’ll average about $13.63 million in his guaranteed years with the Mets. Considering Werth is making $7.5 million, should he expect a $6 million raise on par with a guy like Bay?
Like Werth, Bay has played 7 Major League seasons. His career average is .280. He hit the same number of home runs as Werth this past season (let’s consider Fenway Park and Citizens Bank Park to be washes in terms of their favorability to power hitters–two of the smallest lots in baseball). Bay has hit twice as many home runs in his career than Werth (185-93). Bay has tallied more than 100 RBI in 4 of his 7 seasons (119 in 2009) and has a career OPS of .896 which is better than Werth’s best single-season OPS. Bay’s SO-BB ratio is about 6% better than Werth’s. While Bay has a career best of 21 stolen bases (exceeding Werth’s best season), that was in 2005 and he only steals a base every 14 games.
We know the Mets are a relatively free-spending team when it comes to free agency. Considering they are spending less than $15 on Jason Bay (who has had a markedly better offensive career than Werth), can we really project that Werth will be able to command a contract that pays him in excess of $15 million per season? And assuming we can’t, how should we take Amaro’s argument that a likely parting with Werth will happen because the Phillies don’t want to overspend, on par with a team like the Yankees?
Jayson Werth is a very good outfielder who is coming off his best season. But it seems unlikely to me that Werth will command the kind of money that will prevent the Phillies from making him a competitive offer in free agency. So if the magic number is $140 million for 2011 and the Phillies are already committed to $133 million (with all the other top players under contract), it will be interesting to see how far over $140 Amaro will be willing to go to resign Werth.