Waiver Wire: July 10th

Chris Davis, Rangers (Owned in seven percent of Yahoo leagues)

Justin Smoak’s Seattle-bound, as the 2008 first-round pick is the prime player acquired by the M’s in the six-player deal sending Cliff Lee to Arlington. That clears the path to big league playing time for Davis, who’ll take over first base duties for the first-place Rangers. Is the third time a charm for Davis, or will his bat fall flat again?

Texas’ fifth-round pick in the ’06 draft has bounced back and forth between the majors and Triple-A Oklahoma City over the past two seasons. The Rangers handed him an everyday spot both years, but Davis’ hacking and contact issues led to demotions in July of ’09 and April of 2010. In the majors, the 6-4, 235 pound lefty batter has crushed the ball when he has gotten a hold of it — he’s got a .221 ISO in 792 career plate appearances, with 18.6% of his fly balls ending up in the cheap seats. His plate discipline, by contrast, has been putrid.

Davis has walked in just 6.2% of his PA, while whiffing 34.6%. His strike zone is huge — here are Davis’ outside swing percentages over the 2008-2010 seasons, divided by the MLB average that season:

2008: 1.47
2009: 1.35
2010: 1.15

Keep in mind that the 2010 figure is based on just 56 PA. Chasing so many pitches off the plate, Davis has often gotten behind in the count. His career first pitch strike percentage is 62.9, while the MLB average is 58-59%.

Contact has also been a big issue — Davis has connected 65.5% of the time that he pulls the trigger overall (81% MLB average), including 74.7% of the time he swings at an in-zone offering (88% MLB average). Over the past three calendar years, he’s got the third-lowest total contact rate and the second-lowest Z-contact rate in the majors (minimum 500 PA).

With plus pop but also a tendency to swing at anything from Lubbock to Houston, Davis has been a Mike Jacobs doppelganger to this point — his big league career triple-slash is .253/.301/.474, with a .330 wOBA and a park-and-league-adjusted wOBA that’s two percent below average (98 wRC+). Happily, the 24-year-old has thumped pitchers with the RedHawks. In 293 PCL PA, Davis batted .354/.403/.555 (his career line in Triple-A is .341/.407/.571 in 614 PA). On the positive side, he hit for power (.201 ISO with Oklahoma City in 2010) and whiffed less than a quarter of the time (24.3 K%). However, that line was boosted by .434 BABIP, and he still wasn’t working many walks (7.8 BB%).

For the rest of 2010, ZiPS projects Davis to bat .244/.297/.461. CHONE anticipates a .269/.319/.470 line. Davis’ ability to drive the ball makes him an intriguing add in AL-only leagues, but he’s going to have to tighten his strike zone to finally stick at the highest level.

Madison Bumgarner, Giants (16%)

The 20-year-old lefty might not garner quite the same prospect praise these days — where once he cracked the mid-90’s with his fastball, Bumgarner now sits around 90 MPH. His secondary stuff (a low-80’s slider and changeup, as well as a low-70’s curve) remains a work in progress, too. That being said, he’s still worthy of consideration in NL-only formats.

Bumgarner burst on to the scene in 2008, using his high-octane heat to post rates of 10.4 K/9, 1.3 BB/9 and a 1.71 FIP in 141.2 IP. According to Minor League Splits, Bumgarner’s park-and-lucked adjusted FIP in the Low-A South Atlantic League was 2.99. With his velocity on the wane in 2009, the North Carolina prep product’s K rate took a tumble — in 131.1 innings spent mostly in the Double-A Eastern League (he opened the year in the High-A Cal League), Bumgarner had 6.3 K/9, 2.3 BB/9 and a park-and-luck-adjusted 4.42 FIP.

He got a late-season cameo with the Giants, but Bumgarner opened 2010 in the Triple-A Pacific Coast League. Logging 82.2 innings, the 6-4, 215 pound southpaw punched out 6.4 batters per nine innings, walked 2.4 per nine and had a 4.31 park-and-luck adjusted FIP. Madison has made three starts for San Fran so far, with a 15/5 K/BB ratio and a 4.19 xFIP in 22 IP.

Any owner considering a Bumgarner pick up will need to keep his workload in mind — he has thrown 104.2 innings between Triple-A and the majors in 2010, just 37 frames away from his previous career high established in the Sally League in ’08. The Giants could occasionally skip him or push his starts back. ZiPS thinks he’ll be useful when he does take the mound (5.94 K/9, 2.7 BB/9, 0.9 HR/9 4.01 FIP). CHONE is less sanguine — a 4.98 neutralized ERA, with 6.1 K/9, 3.7 BB/9 and 1.2 HR/9. Perhaps Bumgarner isn’t, at least at the moment, the power pitcher we anticipated. But he still could be an above-average MLB starter.