(The following is being syndicated fromThe Captain’s Blog).

Maybe A.J. Burnett isn’t untradeable after all? According to Joel Sherman, the Yankees would probably have to pick up about $25 million in order to move him, but considering his contract represents a sunk cost, any deal would be a lifeline.

Is the noose tightening around Burnett's neck?

The Yankees’ incentive to trade Burnett is twofold. First and foremost, his removal from the rotation would constitute addition by subtraction. Over the last two seasons, Burnett’s poor performance has been of historic proportions, so penciling him into the rotation and expecting an improvement would be wishful thinking to say the least. What’s more, not having to deal with Burnett’s unpredictability would add stability to the entire pitching staff and remove a constant distraction from the team.

Not only has Burnett’s contract taken a high financial toll on the Yankees, but this year, it also threatens to exact a significant opportunity cost. With CC Sabathia, Michael Pineda, Hiroki Kuroda, and Ivan Nova locks for the rotation, only one slot remains, so if Burnett is given that role, it will come at the expense of Freddy Garcia and Phil Hughes. Whether the Yankees opt for the greater stability of the veteran Garcia, or the higher upside of the still developing Hughes, it seems likely that either selection would provide a greater return than Burnett (and in Hughes’ case, perhaps not only in 2012, but going forward).

In addition to clearing up the logjam in the rotation, trading Burnett could also impact the offense. Even if the Yankees are forced to pick up $13 million per season, it would still constitute a savings of $3.5 million, which, in turn, could be used to acquire another bat. With the team currently sticking to its budgetary restraints, that extra cushion would allow the Yankees to consider better candidates than Russell Branyan to fill its DH vacancy.

From the Yankees’ perspective, trading Burnett sounds great in theory, but Brian Cashman still has to find a willing partner. That task seems daunting, but there are two different approaches he can take. One option would be to swap bad contracts, thereby killing two birds with one stone. Carlos Lee, who will earn $18.5 million in the final year of his contract, seems to fit the bill, provided the Yankees sweetened the pot with about $12 million. That would make the deal a wash for the Astros, while giving the Yankees a DH worth only $2 million extra in 2012 as well as a $4 million savings in 2013.

If Lee isn’t available, another target could be Adam Dunn, who is owed $44 million over the next three years. In order to affect this trade, the Yankees would probably want the White Sox to chip in some of Dunn’s salary in 2014, but even if it’s only a token amount, it might still be an offer that’s hard to refuse. Although acquiring Dunn under any circumstance wouldn’t provide a financial benefit, the risk would be balanced by the high reward of a rebound from Dunn, whose production was consistently well above average before last year’s dismal campaign.

Pirates' lefty Garret Jones would fit in nicely as a DH platoon partner for Andruw Jones.

Aside from trading bad contracts, Cashman could also target teams that might be willing to take a chance on Burnett’s “stuff” at a discount. Recent buzz in the media suggests the Pirates might be such a team. Both Ken Rosenthal and  recently speculated about the Yankees shipping Burnett to Pittsburgh, which could either be a coincidence or some early smoke signals. Either way, the pairing makes a lot of sense, especially Olney’s mention of a trade involving left handed 1B/OF Garrett Jones, who is set to make about $2.5 million in 2012 (interestingly, Jones and the Pirates have not been able to reach an accord despite being only $250,000 apart in their arbitration filings). If the Yankees could add Jones, who has posted rates of .275/.354/483 versus right handers during his career, and save a few million dollars, it would be the ultimate win-win.

One potential roadblock to dealing Burnett could be the lingering specter of Roy Oswalt as a free agent. After all, if Oswalt could be acquired on a discounted one-year deal, why roll the dice with Burnett for two? For some teams, that logic would be sound, but others may not have a choice, especially considering how selective Oswalt has been during the free agent process. As a result, a team like the Pirates might not even rate his consideration. What’s more,  some teams may value innings as much as better performance, which would favor the healthier Burnett.

The Yankees are committed to Burnett for $33 million over the next two seasons, so any deal that alleviates some of that burden has to be taken seriously. Considering the competitiveness of the American League, even a small improvement could make the difference between the post season and an early off season, so hopefully the Yankees won’t allow a sunk cost to be their anchor. Cashman previously surprised the baseball world with his stealthy acquisition of Pineda, but if the Yankees’ GM is able to turn the team’s biggest negative into even an incremental gain, it just might be his best work yet.

 

6 Responses to Man Overboard: Can Yanks Rid Themselves of AJ Burnett’s Sunk Cost?

  1. Michael P. says:

    I know this is probably out of the realm of possibilities, but if the Yankees were to trade Burnett and send 25 million dollars to the Pirates for Garrett Jones, would they be able to pay that 25 million in one lump sum this year to save money next year? Its silly to even suggest it given that the Yankees apparently don’t have much in the way of payroll flexibility, but it if you have it (and the Yankees do for sure) then why not pay it off and be done with it?

    Burnett for Dunn is intriguing, but it would require two big leaps of faith from the Yankees. First would be the obvious, that Dunn will bounce back. I have to believe he will, he has been far too consistent over his career, and is still too young to fall off a cliff. The second is that ARod and Jeter can remain healthy without getting rested at DH for the next 3 years. I mean it seems simple, you could always just give them the full day off if Dunn is back to his 40 homer a year stroke (and probably 50 in the Yankees stadium).

  2. T.O. Chris says:

    Wouldn’t adding a 14 million dollar DH to the roster for 2014 make it almost impossible to get under 189 million? Between Cano needing a new contract in 2014, and the Yankees having to address both RF and CF by that point as well, adding another 14 million for a player with no position in the field doesn’t seem possible.

    • Michael P. says:

      Catcher is also another area of concern after this season. And a concern we both share of the Yankees signing Granderson to an extension when he will be well beyond his best years. It would take too big a leap of faith to pull the trigger on the Burnett for Dunn deal.

      • T.O. Chris says:

        I’m not too concerned with catcher really. I like Martin and I think his defense and power is more than good enough to sign him to a 3 or 4 year extension. If Martin isn’t re-signed M. Montero will be a free agent after the season, and I would gladly up the budget (or go cheaper in RF) to add a 29 year old with his bat.

        • Michael P. says:

          I also like Martin, and M. Montero a lot too. Yadier Molina most likely wont even reach free agency, and be too expensive. Its just another position the Yankees will have to look to fill was all I meant.

        • T.O. Chris says:

          Montero will be more expensive than Molina would be. He’s a year younger and his bat is much better. Molina’s without a doubt the better defensive catcher, and much more proven. But in Yankee stadium Montero has the potential to be a 20 HR bat in the 6th spot in the order for the next several years. He’s likely looking at 5-6 years on his contract.

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