The Sox
picked up the options for Mark Buehrle, Jermaine Dye and Tadahito Iguchi. No surprises there.
What happens next will be the much tougher decision.
Buehrle, as we've already gone over, is probably the second-most likely pitcher to be traded next to Freddy Garcia, and the gap between them closed in the final month of the season. There's really not much more to say, as any yet-to-be-discovered health issues, and the offers Kenny Williams receives will dictate who goes.
Dye and Iguchi pose more interesting conundrums. Both are over 30, both received less money than expected to sign with the Sox before the 2005 season, which probably means that both will be seeking significant pay raises.
Making matters more complicated, the Sox have no prospects ready to step in at both positions in 2008.
Williams lucked into both players the first time around, with Dye rejecting heftier offers from Texas and Arizona to settle with the Sox, and Iguchi coming back to accept Williams' offer that at first seemed like a low-ball. We can thank Kaz Matsui for the latter one, I think.
Whether that means the front office and these players have increased goodwill or increased the desire to demand inflated offers remains to be seen.
(By "inflated," I mean "more than last year, and higher than the Sox's initial offer." And this is all assuming Dye and/or Iguchi are solely concerned with cashing in, which they deserve if they so choose.)
Jermaine will be 33 this year, 34 when starting a new contract. If he's healthy and has a year in between his 2005 and 2006, that kind of track record has earned $12-15 million per in previous years -- Magglio Ordonez-Gary Sheffield-Vladimir Guerrero territory.
If the Sox match the base in that range, they will have around $32 million tied up in past-their-prime sluggers in 2008 and 2009, which puts them on the verge of being the Yankees without the ability to buy a Bobby Abreu midseason.
On the other hand, the Sox have no up-and-coming slugging outfielders on the horizon. Brian Anderson and Ryan Sweeney have 20-homer potential if they're lucky, and
Aaron Cunningham was only in the Sally League last year. Joe Crede's contract will also be a question mark, Josh Fields may or may not be another Joe Borchard, and who knows about Juan Uribe. So if Dye has three 30+ homer seasons and hits in the .280/.350 range, can they pass up that right-handed production?
Iguchi's cheaper, but barring a breakout season, he is what he is -- a second-tier second baseman. He might be able to touch 25 homers, because there is some room for improvement, but he's had two identical sub-.800 OPS seasons and is not getting any younger.
I'd say a reasonable start for Iguchi would be in the three-year, $15 million range. If the demands reach $20 million for three years, do the Sox bail? They have no second basemen ready to fill in, and the state of the AL at that position (Jose Lopez was an All-Star) indicates that it won't be easy to replace him. If Iguchi didn't boomerang back to the Sox's offer, Willie Harris was the in-house option at second, and it would've been hard to do better.
On the other hand, the Sox went for Dye because Magglio was demanding too much money, and figured they could save themselves $8 million-plus for slightly less production. The outfield seems like an easier place to find a productive stopgap.
As of now, here's who Dye and Iguchi will be competing against if they happened to test
the free-agent market in 2008:
Dye: Ichiro, Adam Dunn, Milton Bradley, Bobby Abreu. Andruw Jones, Torii Hunter, Vernon Wells are CFs.
Iguchi: Iguchi is the top "pure" second baseman on the market, but Michael Young and David Eckstein may be due for position changes. Mark Grudzielanek has a $4 million option in Kansas City.
Dye will have some competition, but Iguchi may stand to have some leverage if these situations hold up.
Right now, I have little idea which way the Sox should go, but the Joe Crede surgery situation, whichever way it goes, will have some bearing on the future of these two.