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Opportunity Costs And The Sean Marshall Trade




Let's assume you have fifty bucks burning a hole in your pocket. You could go buy some Cubs gear, use it for your next obligation (rent/utilities, etc), enjoy a night on the town, or put it in a savings/retirement account. All have their merits. Most importantly, you can only spend it once. If you get that new Castro replica jersey, there goes your chance at tickets to watch (The Strokes/The Symphony).

Star-divide

When Theo Epstein decided to #OccupyWrigley, he knew he had some decisions to make. Between Zambrano, Soriano, Marmol, and others, he had some hefty contracts. While the talent pipeline had some ability, most of the splash was years away. Epstein and his crew would have to find a way to represent for the next few years until they could become pennant contenders.

To do this, he would need to get something nearing maximum value for the talent on his roster. He would also need to add pieces at 'below market value' to compete, particularly in the 'beyond 2012' portion of his tenure. Some talent evaluation was needed, in a hurry. David DeJesus was added 'on the cheap' to man RF. DJ LeMahieu and Tyler Colvin were sent to Colorado for Ian Stewart and Casey Weathers. But still, some players had to be decided upon. Geo Soto, keeper, or bait? Matt Garza, #1 or #1 available SP for trade?

Sean Marshall had a very workmanlike tenure with the team. A Sixth Round Pick in 2003, he was the source of a few blogposts when with the Cubs. Should he start? Should he be a lefty specialist? It turns out he was a very effective set-up reliever. I don't remember anyone on the board ever 'hating' Sean Marshall. That is a credit in itself, either to his pitching or my bad memory.

Troupe Theo had to decide what to do with Marshall. While Sean Marshall at 3 mil a year is a nice value, he would have been a 2013 free agent. When committing to the future, paying full value is not preferable. So, Marshall could stick at 3 mil, or he could be used as bait. To say that it looks like a good trade is as much about baseball macro-economics as his ability to pitch a scoreless eighth inning.

A person whose opinion I value considers the two pitchers very similar. His opinion may be wrong. Perhaps I should learn to analyze f(X) data myself, but it isn't happening this week. So, what I'm seeing is this. The Cubs dealt a 3 million dollar reliever staring down free agency for a very similar pitcher, near minimum rate, and under team control until 2017. The Cubs will also get a couple minor leaguer for their efforts.

Cincinnati wants to overtake St. Louis and Milwaukee in 2012. They think Marshall will help them do so. In the Cubs situation (50/50 to pass Pittsburgh in 2012 for 4th), saving money to add a salary-controlled starter option plus bait is a good thing. When teams are willing to 'pay a Premium' for Cubs pieces, the offers should be considered seriously.

To be honest, Travis Wood (2005 Draft, 2nd Round) struggled last season. He may whiff as a 4th starter, but Theo must like him, or the trigger wouldn't have been pulled. For the shot at a starter for the next 5 years or so (and prospects), the allure of one more season of Sean Marshall being a solid pen arm was too much.

Loyalty to years through the system will no longer be a prime focus in the Cubs organization. When guys I've followed get dumped for players I'm not sold on may hurt. Sean Marshall was a quality Cub, and I will miss him. My GM crew dealt him for a LHSP and two prospects. Theo was not brought in to keep all our prospects until they lose their value. The goal is now pennants, not Third Place in the NL Central. I wish Sean Marshall well, and look forward to seeing Travis Wood pitch as a Cub, and learning who the other players incoming are.

This is a FanPost and does not necessarily reflect the views of SB Nation or Al Yellon, managing editor (unless it's a FanPost posted by Al). FanPost opinions are valued expressions of opinion by passionate and knowledgeable baseball fans.

Comment 37 comments  |  4 recs  | 

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I agree with TJ's comment

Without knowing who the two minor leaguers are I still think this is a good trade. This new attitude on the part of the Cubs is so foreign to most of us. Trade a player at what is perceived his peak to gain more talent and build for the future. Check out all the scouts and cross checkers we are adding too.

Is this the Cubs?

by Uncle Fungus on Dec 21, 2011 9:03 PM CST reply actions  

Well done.

This type of thinking in a front office is quite new to us all. Lets hope this works out, and like you said lets wait for some more moves and new ballplayers.

by Grockcubs on Dec 21, 2011 9:25 PM CST reply actions  

That's an understatement!

This thinking is way new for us long time Cubs fans. And, like I said before, refreshing. I would love to here the thought processes of Team Theo and all the rationales they are using to rebuild the Cubs. I for one, even though I am expecting a below .500 season, am looking forward to a more youthful team that may actually hustle, play hard and be entertaining to watch. That would be new also.

Nice job putting your thoughts together timh815.

We'll miss you Big Boy. #10 is going into the Hall of Fame!!

by mrcubsfan on Dec 22, 2011 8:14 AM CST up reply actions  

I think youth and hustle are overrated

So I’m not looking forward to a youthful, hustling team that finishes under .500 next year. I don’t think that will be terribly entertaining. I guess it’d be more entertaining (slightly) than a veteran, non-hustling sub-.500 team, in that maybe you see some players for the future. But that’s still not going to make for an entertaining 2012 season.

That said, if Epstein and Hoyer feel trading 2 years of a very good reliever for 5 years of a potentially good starter and possibly restocking the farm a bit in the process (possibly to help for future trades?) makes sense, then I’m okay with it. And there’s a very real possibility that Wood provides more WAR this year and next than Marshall does, and he’ll do it at a lower cost (allowing more resources to be filled elsewhere).

by SouthernCub on Dec 22, 2011 9:21 AM CST up reply actions  

Almost a lock that he will produce more WAR at a lower price per

over the next five years than Marshall will next year for the Reds. Three weeks ago the Cardinals had the best team, now they are looking up at the Crew and the Reds, things change very quickly.

by jpeters407 on Dec 22, 2011 9:28 AM CST up reply actions  

it was an obvious move to make

Marshall was not going to gather a supplemental pick, nor increase in value in the season and therefore he had to be dealt.

Soto and Marmol are next.

I see Soriano in late January when a club still wants a DH for $4M a year

A friend once told me: "I don't buy the idea that a team learns anything from a loss, the only thing they learn is how to lose games."---Knight

by Ivy Walls on Dec 21, 2011 10:25 PM CST reply actions  

In hindsight, I'm glad Hendry wasn't really allowed to trade valuable assets like Marshall

Before the deadline last July. As, those trade chip assets should’ve been left on the table for the next man in charge. And TheoJed were able to convert an asset into what they wanted, as opposed to having Hendry pre-decide that for them.

"You win because of the quarterback. We have to get that position stabilized. We're fixated on that." -- Jerry Angelo (12.30.2008)

Jerry Angelo trades for Jay Cutler! (4.2.2009)

by SackMan on Dec 21, 2011 10:31 PM CST reply actions  

He could've theoretically

traded Ramirez or Pena and received something of significant value (assuming he could convince Ramirez to waive his NTC). He could’ve traded Byrd more easily than he could’ve now. Marmol may have had more value earlier in the season.

I agree that Epstein is likely to get a better return, and a return more to his liking, than Hendry ever would. But there were some serious missed opportunities last summer. It still frustrates me that Ricketts would bring back Hendry, then not let him move expiring assets at the deadline.

by tomas21 on Dec 21, 2011 11:11 PM CST up reply actions  

I'd rather have...

what the Padres got from the Rangers for Mike Adams, but I’ll await any judgment on this trade until full knowledge of the return (which might not happen until a year from now). I fully support the theory behind the trade. Combining the two trades of the Epstein Era gives me hope for the future.

--------------------------------
Just North of Wrigley Field

@JamesDaBear

by jameslcrockett on Dec 22, 2011 12:12 AM CST reply actions  

I predict

Marshall will burn us in the eighth inning on more than one opportunity. I’m not sold on this trade at all. I’d rather Marshall had stayed one more year and kept our bullpen secure instead of a bunch of hit and miss guys for set-up innings then on to Marmol. The lack of movement on both Fielder, Kerry Wood, and Reed Johnson is also beginning to really worry me.

by ChicagoBlues1983 on Dec 22, 2011 3:14 AM CST via iPhone app reply actions  

Reed Johnson is

re-signed.

Rest easy, and Merry Christmas.

10-25-2011. Theo Epstein joins the Cubs. Now, the fun begins.

by timh815 on Dec 22, 2011 7:12 AM CST up reply actions  

re-signed

Merry Christmas, and rest easy.

10-25-2011. Theo Epstein joins the Cubs. Now, the fun begins.

by timh815 on Dec 22, 2011 7:13 AM CST up reply actions  

And ChicagoBlues Christmas should be happy

Reed Johnson returns.

Seriously with all the Cubs issues you are worried about Reed Johnson and Kerry Wood. As for Marshall, I bet Russell and Beliveau can do a reasonable job replacing him. I’m not sweating about an 8th inning guy with the number of Cubs issues.

John Grabow - Who will pay you $4.8 million in 2012?

by rlpete on Dec 22, 2011 7:44 AM CST up reply actions  

Marshall may well burn us in the eighth next year

But it’s not like that’s going to make a difference in whether or not we make the playoffs, and we only had him through next year anyway. Even without the prospects, this is a good trade, and could be excellent depending on who else we pick up. It’s smart moves like this, buying low and selling high, that made everyone excited about Theo. Don’t lament the fact that he’s doing what we brought him on to do.

That said, I like Marshall, and I’m sad to see him go, but this was too good an offer to pass up.

by EcoGeek on Dec 22, 2011 7:20 AM CST up reply actions  

"I predict Marshall will burn us in the eighth inning on more than one opportunity."

So what? The Cubs are not contending in 2012 anyway. The goal is to improve the team’s talent at all levels. Marshall is a solid set up guy, on a contender like Cincy, he could be very valuable. But for a team like the Cubs, who are in tear down and build back up mode, Marshall has limited value on the field. At best keeping Marshall would have helped have the Cubs suck a bit less in 2012, but they will still be out of contention by the break, so the intelligent thing to do is to rebuild and make the team better down the road. The Cubs need an infusion of talent starting this season, and trading Marshall is a step in that direction. TWood may crash and burn, but he does have more potential upside than Marshall.

I always turn to the sports section first. The sports page records people's accomplishments; the front page has nothing but man's failures.
~Earl Warren

by lookingdeadred on Dec 22, 2011 8:37 AM CST up reply actions   1 recs

Does it really matter if Marshall burns us in the 8th a couple of times next year?

This is a sub-.500 team. 5 controlled years of a decent young starter is worth it.

by 9isEnough on Dec 23, 2011 7:08 AM CST via Android app up reply actions   1 recs

I don't have as much faith in Theo/Jed as everyone else here

Sorry, I think keeping Marshall as part of the future would have made a big deal as part of us coming close to the playoffs this year. Let’s face it. We’re going to mucking it out at the bottom of the pile this year in the Central. Glad that Reed Johnson is back on.

by ChicagoBlues1983 on Dec 22, 2011 7:41 AM CST reply actions  

Marshall is not a difference maker for contending in 2012.

Be happy though Reed Johnson has returned so the playoffs are within reach.

John Grabow - Who will pay you $4.8 million in 2012?

by rlpete on Dec 22, 2011 7:45 AM CST up reply actions  

Marshall had no "future" on his contract outside of this upcoming season

If you want to pay full freight for Marshall for 2013 on, you’re still free to do so.

MLBMilestone.com - following the numbers to Cooperstown

by D98 on Dec 22, 2011 8:25 AM CST up reply actions  

It's only a good trade if one of the minor-leaguers pans out

Otherwise, I don’t think it was.

And the Cubs can afford to pay Marshall, if necessary. I didn’t realize their payroll was only $40 or $50 million.

by Not Bruce Froemming on Dec 22, 2011 8:43 PM CST up reply actions  

This

‘our GM has a price point for everyone’ is going to be a tough sell.

10-25-2011. Theo Epstein joins the Cubs. Now, the fun begins.

by timh815 on Dec 22, 2011 8:58 PM CST up reply actions  

What if Wood is a consistently solid SP the next five years?

Is it still not a good trade for the Cubs? Because I certainly think it would be.

by Dcr18 on Dec 22, 2011 11:58 PM CST up reply actions  

I don't see how this could be anything other than a good trade.

We had Marshall for one more year, a year in which we are highly unlikely to do anything meaningful. Taking us from 90 losses down to 87 accomplishes nothing in the long run, except for possibly giving us worse draft picks next year. In return for giving up a whole lot of nothing, we get a cost-controlled middle-of-the-rotation starter for 5 years, plus 2 prospects. And if we really want Marshall that badly, we sign him as a free agent after next season.

by EcoGeek on Dec 23, 2011 7:00 AM CST up reply actions  

This.

The only way to hate this deal is to argue Marshall was worth more to another team. Hard to do when we don’t know all of the prospects.

Anybody that thinks this move will be the one to keep us out of the playoffs is suffering from severe Cubs Stockholm Syndrome.

by 9isEnough on Dec 23, 2011 7:20 AM CST via Android app up reply actions  

Totally disagree.

It’s a good trade if Travis Wood becomes a capable No. 3 starter. The prospects are a bonus.

Join us for complete MLB coverage at SB Nation's Baseball Nation

by Al Yellon on Dec 23, 2011 8:29 AM CST up reply actions  

Hell, it's a good deal if Wood is in our rotation for 5 years.
  1. is just gravy, he’d still be worth it for 5 years as a #4 or #5.

by bdlugz on Dec 23, 2011 9:31 AM CST up reply actions  

Yeah.

You can’t put a # at the beginning of a line in a comment — the formatter thinks you are making a list if you do that.

Instead, write “No. 3” (which is what I think you were trying to write).

Join us for complete MLB coverage at SB Nation's Baseball Nation

by Al Yellon on Dec 23, 2011 1:16 PM CST up reply actions  

Well stated, indeed.

And I can think of one person who hated Sean Marshall — the dear-departed BlueMike/MDBNIU/BLou. I went a few rounds with him defending Sean. But I digress…

"[The Cubs] have a very famous tradition in baseball, and it will be nice to be part of turning it around." ~ Jamie Quirk, Bench Coach

by daver on Dec 23, 2011 11:06 AM CST reply actions  

Hating Sean Marshall is like

hating moderate temperatures.

10-25-2011. Theo Epstein joins the Cubs. Now, the fun begins.

by timh815 on Dec 23, 2011 2:02 PM CST up reply actions  

Hating Sean Marshall is like ...

hating 8 week old puppies.

IF IT TAKES FOREVER!!

by Cubfansince1957 on Dec 24, 2011 11:48 AM CST up reply actions  

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