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First Pitch: Joel Hanrahan’s Trade Value and Jason Grilli’s Contract

First Pitch: Joel Hanrahan’s Trade Value and Jason Grilli’s Contract

Last Thursday I wrote about Joel Hanrahan's future with the team if the Pirates were to sign Jason Grilli. The Pirates signed Grilli today to a two-year, $6.75 M deal. Hanrahan is projected to make about $7 M in arbitration, which means the Pirates would be spending a little over $10 M on two relievers if they kept Hanrahan around.

I've said most of the off-season that I think Hanrahan will be dealt. Part of that is because I don't think the Pirates will spend that much money on a closer. The Pirates would be giving Hanrahan 10% of their payroll at $70 M. No team should be paying that big of a percentage of their payroll for a closer. With all of the rumors we've heard about Hanrahan over the last few weeks, it wouldn't be a surprise if the closer is traded.

The Pirates lost a lot of trade value with Hanrahan by not trading him a year or two ago. The best time to deal him would have been at the 2011 trade deadline. That would have been difficult to pull off from a PR standpoint. ...

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Tim is the owner and editor in chief of Pirates Prospects. He started the site in January 2009, and turned it into his full time job during the 2011 season. Prior to starting Pirates Prospects, Tim worked with AccuScore.com, providing MLB, NHL, and NFL coverage to various national media outlets, including ESPN Insider, USA Today, Yahoo Sports, and the Wall Street Journal. He also writes the annual Prospect Guide, which is sold through the site. Tim lives in Bradenton, where he provides live coverage all year of Spring Training, mini camp, instructs, the Bradenton Marauders, and the GCL Pirates.

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