The case against renewing Khalil Greene’s contract
Thursday, April 30th, 2009When the Cardinals traded for Khalil Greene this past winter — essentially acquiring the one remaining year on his contract at $6.5 million — it was a defensible move. Re-signing Greene for a contract beyond 2009, however, would be foolish.
After the dissatisfying all-glove, no-hit 2008 season from Cesar Izturis, the Cardinals were poised to upgrade at least offensively at shortstop in the offseason. The team didn’t have any major-league-ready prospects at the position and Tony La Russa seemed loathe to turn the reins over to Brendan Ryan. The market could only reasonably offer Greene, whose hitting had been in decline ever since his rookie year in 2004, but the Cardinals were willing to chance that Greene’s decreasing ability to reach base was due more to park factors than individual skill.
Given the small sample of the 2009 season, it would be unfair to write off Greene’s offense — or, more glaringly, his defense. Greene isn’t as bad as his five errors in the field or as bad as his .304-wOBA hitting have made him seem. But even when his defense steadies, which it’s bound to do, we’re not looking at much defensive upside: As Dave Cameron noted at the time of the trade, “expect Greene to be something like a league average defensive shortstop or maybe a tick above.” It’s also worth noting that the hope-inspiring .408 BA that Greene had in Spring was illusory: on the regular season, he’s creating only 3.30 RC27, 14th in MLB (behind, yes, Cesar Izturis). The idea was that, if Greene could get away from the capacious Petco Park, he’d be less inclined to muscle up and would then level out his approach. However, Greene has continued his bad habits, with a GB-FB rate (.72) similar to his last three years in San Diego (as opposed to his rookie campaign of .80).
Then there’s the cost of Greene. After making $6.5 million in 2009, he is unlikely to take much, if any, of a pay cut. Beyond 2009, the question for the Cardinals at shortstop is the same as it is at every other position: What is the difference between the cost of a replacement and the value that replacement provides?
The answer to this is found in what the market offers and what the Cardinals already have in their system. In some ways, the team could find itself in a repeat of where they were at the end of the 2008 season — needing to turn to the marketplace — except for a couple of big differences: They’ll know more about Ryan and Tyler Greene, currently with a .412 OBP at Memphis. While neither projects do be much of an impact on offense, both are skilled and versatile fielders. The team could save around $5 million opting for an in-house shortstop while not losing much on either side of the ball.
So unless Greene — Khalil, that is — returns to his rookie-year form for the rest of the 2009 campaign, the Cardinals would be wise to turn either to the marketplace for another a la carte selection or to their own organization. Whereas the Cardinals couldn’t have been criticized for acquiring Greene in the first place — he represented a bargain based on his salary (1.25 wins) and projected output (2 wins) — they would be unwise to continue the arrangement. While the free-agent opportunities will be scarce, the Cardinals will find that Khalil Greene is replaceable from within, at a fraction of the cost.
