Gregg Inks with Blue Jays

Toronto Blue Jays signed RHP Kevin Gregg to a one-year, $2.75 million contract, with a pair of club options.

According to Jordan Bastian’s MLB.com report, Gregg’s pact has two different club options. After next season’s Fall Classic, the Jays can do any of the following: say sayonara, retain Gregg at $4.5 million for 2011 or pick up a two-year option covering 2011 and 2012 for a total of $8.75 million. Gregg qualified as a Type A free agent, but the Cubs didn’t offer him arbitration. Thus, no draft pick changes hands.

The bespectacled, 31 year-old right-hander saw his ERA rise from the mid-three’s in 2007 and 2008 to a mediocre 4.72 mark this past year. However, a closer look at Gregg’s peripherals suggests his ’09 might have actually been better than the two previous seasons.

Gregg whiffed 9.31 batters per nine innings with Chicago, issuing 3.93 BB/9. The K rate was the second-best figure of the former Angel, Marlin and Cub’s career, and the walk rate was his lowest since 2006. He garnered more outside swings in ’09 (26.1%) than at any other point in his big league career. His BABIP wasn’t high (.277), nor was his rate of stranding runners on base very low (73.5). So, what’s the deal with the ERA?

Home runs. An extreme fly ball pitcher (career 39 GB%), Gregg had very low home run per fly ball rates in 2007 (5.9%) and 2008 (4.4%). In ’09, a whopping 15.3 percent of fly balls hit against Gregg became souvenirs. For comparison, the big league average is usually around 11-12 percent.

He was fortunate in ’07 and ’08, and had lousy luck in ’09. These things happen with relievers tossing 60-80 frames per year: a couple extra wall-scrapers are hit against a guy, and his overall line suffers. Gregg’s xFIP, based on K’s, walks and a normalized HR/FB rate, was 4.16 in 2009. That was actually lower than ’07 (4.74) and ’08 (4.59).

Gregg doesn’t have the stuff typically associated with a late-game reliever. He’s a three-pitch guy, tossing a 91-92 MPH fastball (+0.67 runs/100 career), a low-80’s slider (+0.11) and the occasional mid-80’s splitter (+1.13). Over the past couple of years, Gregg has thrown fewer fastballs, mixing in more sliders instead. Perhaps as a result, Gregg’s percentage of pitchers within the zone has decreased. His InZone% was 50.4 in 2007, 49.5 in 2008 and 44.8 in 2009 (49-51% MLB average).

In Toronto, Gregg will compete with Scott Downs and Jason Frasor for save ops, assuming neither of those two are bartered before Opening Day.

Downs, 34 in March, is a groundball-centric lefty who uses a 89-90 MPH sinker with hellacious tailing action in on southpaw batters, as well as a big-breaking mid-70’s curveball. Downs has moved in the opposite direction as Gregg, progressively tossing more fastballs (from 63% in ’07 to 74% in ’09). He has a three-year xFIP of 3.38. Downs’ 2009 season was interrupted by a left foot injury that required surgery, as well as a strained right hamstring.

Frasor, 32, is a diminutive righty who pumps 93-94 MPH gas. That fastball has been a plus offering, with a career +0.94 run value per 100 pitches. He also features an average low-80’s slider (+0.02), with a few changeups/splitters sprinkled in. Frasor’s three-year xFIP is 4.01.

Here are the 2010 CHONE projections for our three closer contenders:

Gregg: 67 IP, 7.7 K/9, 4.16 BB/9, 0.94 HR/9, 4.32 FIP
Downs: 49 IP, 7.7 K/9, 3.3 BB/9, 0.73 HR/9, 3.67 FIP
Frasor: 51 IP, 8.3 K/9, 3.7 BB/9, 0.71 HR/9, 4.12 FIP

Gregg figures to rebound somewhat next season, but intermittent control and fly ball proclivities make him an iffy high-leverage reliever. Toronto’s ninth-inning situation bears watching over the next couple of months.