Fangraphs put Varitek's production value at an astonishingly high $5.6 million (he contributed 1.2 Value Wins to the team, each win being worth [according to calculated league average salary/win contribution] $4.47 million). Baseball Prospectus indicated that the career of a Catcher begins to (sharply) decline somewhere around the age of 32:
"Catchers hold their value pretty well during their late 20s, comparable to other positions. The 30 to 33 range is very volatile... after age 34, things go downhill very quickly for catchers, a trend noticeable even in the very small sample sizes beyond age 35."
At this point, however, the Red Sox are in dire need of a capable major league-ready catcher for the 2009 season if they plan on competing. To this point, I assert that the Red Sox sign Varitek to a contract worth no more than $3-4 million a year for no more than two years. Seeing as how Varitek turned down arbitration and would cost any team who signs him a draft pick, Varitek is being flagged. There is little room for him to negotiate a 2009 salary if he plans on playing anywhere other than Boston sometime before June (at which point, he is going to have to take a partial season pay cut anyway). A low value (perhaps incentive laiden) two year contract would be ideal because it would give the Red Sox three viable options for the future at the backstop, in my opinion.
- Wait two years and sign Joe Mauer, who will be a free agent in 2011 at age 28 (just to clarify, Mauer will turn 28 right before the 2011 season), to an extended contract (4-6 years). Upside: with enough money to spend, the Sox could probably pull this off no problem. Downside: signing Mauer would almost assuredly cost the Sox their first round pick.
- Trade Michael Bowden for Taylor Teagarden. The Red Sox have a very deep farm system when it comes to pitching; the converse is true about their minor league catchers. Obtaining a young player with as much upside as Teagarden could provide much future security for the Red Sox behind the plate.
- Trade Clay Buchholz for Max Ramirez or Jarrod Saltalamaccia. Same logic as assertion #2, only I've downgraded the pieces of the trade on both sides of the table. It's already publically know that the Rangers covet Bowden and Buchholz and won't trade any of their young catchers for anything less than top talent. Given the Rangers' surplus of talent behind the plate, a swap of player depths between Boston and Texas seems most logical (especially since the Dbacks probably aren't willing to give up Miguel Montero at a reasonable price).