Since we focused on the offensive side last week when listing the Top 10 in active OPS in Major League Baseball, this week we’ll take a look at the active WHIP leaders for pitchers. That stands for Walks plus Hits per Inning Pitched, and is an extremely important statistic when you’re considering pitchers to draft for your fantasy team. Not only do most fantasy leagues count points for WHIP, but it’s a great indicator of overall pitching prowess. Here is that Top 10 in WHIP, and it includes only pitchers who are active going into the 2009 season:

1. Mariano Rivera, New York Yankees (1.0199)—Rivera has been the hammer in the Yankees’ bullpen for over a decade and still shows no signs of slowing down. At the age of 38 in 2008, Mo struck out 77 in 70 innings, and racked up 39 saves.

2. Pedro Martinez, free agent (1.0512)—True, Pedro is about a lifetime removed from his dominating days with the Red Sox, but dude can still pitch effectively and has no MLB team at the moment.

3. Johan Santana, New York Mets (1.1024)—Will Johan be the guy to lead the Mets to their first title in almost 25 years? He had a brilliant first season in New York but was hurt by lousy run support and an even lousier bullpen.

4. Curt Schilling, Boston Red Sox (1.1374)—It’s hard to believe Schilling is not done yet, because he hasn’t pitched in a real game in almost two years. But if and when he goes back out there, I’m still picking him for my fantasy team.

5. Randy Johnson, San Francisco Giants (1.1673)—The Big Unit is five wins shy of 300 for his career, and reaching 300 is something that seemed impossible when he had back surgery before last season. But dude is still a beast and still blowing the ball past hitters, and he’s in his mid-40’s.

6. John Smoltz, Boston Red Sox (1.1697)—It’s going to be strange seeing Smoltz in a Red Sox uniform, but as a diehard Mets’ fan, I couldn’t be happier about that.

7. Jake Peavy, San Diego Padres (1.1864)—When you think of the game’s top pitchers, do you think of this dude? Well, you should. Peavy has already racked up 1256 strikeouts and he’s only 27.

8. Roy Oswalt, Houston Astros (1.1979)—Another amazing young pitcher, Oswalt is 31 years old and has a lifetime record of 129-64 for a usually-less-than-awesome Astros’ team. That’s just sick.

9. Ben Sheets, free agent (1.2010)—If he ever pitched a full season, Sheets would be a lock for the Hall of Fame by now. But you just never see an injury report without his name on it.

10. Roy Halladay, Toronto Blue Jays (1.2076)—Playing north of the border, Halladay has won the AL Cy Young Award once and finished in the top 5 in voting three other times. How have the Yankees kept their paws off of this guy?

Source: Baseball Reference

According to MLB.com, the Rangers nixed a two-year contract offer to free agent Ben Sheets because the pitcher might need to have surgery before the start of the season.

The answer is that free agent right-hander Ben Sheets may need surgery to repair the torn flexor tendon in his elbow, and his former employers may be asked to pick up the tab. Brewers assistant general manager Gord Ash said on Thursday that the team has been in discussions this week with Sheets’ agent and officials from Major League Baseball about who would pay for the procedure.

The Texas Rangers and Sheets reached an agreement on a two-year contract late last week and only a physical stood in the way of the deal being completed. But everything changed once it was determined that Sheets had a torn flexor tendon that might require surgery.

The Rangers could still pursue Sheets with a deal that would allow him to do his rehabilitation work with them in hopes that he would eventually pitch at a high level again. But that doesn’t appear to be the case.

No wonder he lasted on the market so long. The Brewers offered Sheets arbitration, but he declined and therefore might have left at least $10 million on the table this season. Sheets could be one of the best pitchers in the NL, but he can never stay healthy.

You know it’s a slow week in MLB again when the big news is that Jeff Kent has announced his retirement. And just like Kent does with ease himself, the news stirred up controversy. This volatile player has never quite been a media darling, and has often gotten into it with teammates. But there is now debate about the guy’s Hall of Fame credentials. Okay, he may have the most homers for a second baseman in history, but you can’t tell me this guy is in the same class as a guy like Joe Morgan. He’s just not. And while a .290 career batting average is nothing to sneeze at, 377 homers over 20 years is not exactly Babe Ruth-esque.

Anyway, as Manny Ramirez remains unemployed, there were a few other smaller signings and moves this past week….

Okay, this isn’t small but just announced on Friday, Prince Fielder has agreed to a 2-year, $18 million deal with the Brewers that will keep him firmly entrenched (and who could move the guy?) on first base in Milwaukee through 2010. I’m glad for the Brew Crew since they lost out to the mighty Yankees in the CC sweepstakes.

Catcher Gregg Zaun re-signed with the Orioles, the team that drafted him back in 1989. The journeyman player signed a deal worth $1.5 million with a $2 million option for 2010.

The Phillies signed outfielder Jayson Werth to a two-year, $10 million contract and also inked reliever Chad Durbin to a one-year deal worth $1.635 million.

Young right fielder Nick Markakis of the Orioles came to terms on a six-year, $66.1 million deal, covering his first three arbitration-eligible years as well as his first three free agency eligible seasons. Clearly the O’s believe in this kid and want to keep him away from the Yankees and Red Sox.

Two other catchers signed this week—Brad Ausmus reached agreement with the Dodgers on a 1-year, $1 million deal; and Henry Blanco signed a $750,000 deal for one year to back up Padres’ catcher Nick Hundley.

Shortstop Omar Vizquel, who at 41 still looks like he’s 25, has been invited to spring training by the Texas Rangers. Vizquel signed a minor league deal that will allow him to mentor 20-year old Elvis Andrus, and to possibly become the team’s utility infielder. In order to make room for Andrus on the field, the Rangers are planning to move all-star shortstop Michael Young to third base. In addition, the Rangers are said to be casually wooing free agent pitcher Ben Sheets, who lives in Dallas.

Meanwhile, Tom Covill of Yahoo Sports posted this great summary of the remaining big name free agents still looking for work. It’s really kind of mind-boggling, but looking at these tiny deals being signed this past week, it’s clearly about economics and nothing more.

John Perrotto of Baseball Prospectus takes a look at the top 20 remaining MLB free agents.

· Manny Ramirez – Dodgers
· Orlando Cabrera – Athletics
· Derek Lowe – Braves/Mets/Cubs
· Adam Dunn – Nationals
· Bobby Abreu – Reds
· Ben Sheets – Rangers
· Orlando Hudson – Nationals
· Andy Pettitte – Astros (at less than $10MM)
· Jason Varitek – Red Sox (at less than $10MM)
· Ty Wigginton – Astros
· Ivan Rodriguez – Not much of a market, may have to take a minor-league deal with an invite to Spring Training if he’s not signed soon. Could he end up involuntarily retired, a la Barry Bonds, Sammy Sosa, and Mike Piazza?
· Kevin Millar – Orioles
· Mark Grudzielanek – Padres
· Braden Looper – Brewers
· Garret Anderson, Eric Hinske, Ray Durham, Jim Edmonds, Paul Byrd, Odalis Perez – All of them (with the exception of Byrd, who may retire) are drawing little to no interest and may be without a club on Opening Day.
I’m shocked both Ramirez and Abreu are still on the market, although it’s more understandable why Manny is still available – his demands (or is it Scott Boras’s demands?) are way too high.

Abreu isn’t the youngest outfielder available, but you’re telling me that no team wants to jump at the chance to acquire his bat? And if Ben Sheets could ever stay healthy he’s a 20-game winner, so it’s a little surprising his name is still out there, too.

I know that I’ve been clamoring for some action in the MLB Hot Stove League for weeks, even months. But please, I can’t keep up with the floodgates these last few days. Well, here are the highlights (i.e., the bigger names), and you can bet much more will happen in the coming weeks as we get closer to spring training:

First off, two long-time players for a single team will have new addresses in 2009: Trevor Hoffman and John Smoltz. Hoffman, who has been with the Padres since 1993 when he came over as part of a trade with the Marlins for Gary Sheffield, has not only been a great closer for San Diego for 16 seasons—he has become the all-time MLB leader in saves with 554. But when San Diego no longer put the welcome mat out, Hoffman sought to sign elsewhere, and settled on a one year, $6 million deal with the Milwaukee Brewers that can also pay him $1.5 million in performance bonuses.

As for Smoltz, he came to the Braves in 1987 from Detroit in the Doyle Alexander trade, and has been with Atlanta, his only major league team, for 21 years. But the Braves, who are trying to inject more youth into their roster, did not offer Smoltz the money he was looking for and so he signed with the Boston Red Sox. Granted, Smoltz still is injured and probably won’t be available to the Sox until a few months into the season, but you’d rather have him in September and beyond anyway.

The Sox also finalized their deal with free agent RHP Brad Penny on Friday, so both he and Smoltz will join a rotation that includes Josh Beckett, Jon Lester and Daisuke Matsuzaka. Whoa. I gotta be honest, I think I like their rotation better than the CC Sabathia and AJ Burnett-led Yankees’. Not to sit tight after losing out on the Mark Teixeira sweepstakes to the Yankees, Boston also signed utility outfielder Rocco Baldelli, formerly of the Rays, who grew up in New England.

The Cubs signed outfielder Milton Bradley to a 3-year, $30 million deal, a year after he had one of his most productive seasons with the Texas Rangers (22 homers, .321 batting average). The Rays, who nearly won a title with all that youth in 2008, signed veteran OF Pat Burrell away from Philly, the team that beat them for said title.

Also, Jason Giambi has returned to his roots, signing a one-year. $5.25 million deal with Oakland, the team he began his career with before taking his big bat (and his tubes of stuff, allegedly) for big bucks.

Oh, and as if the Mets and Braves didn’t have enough to battle about on the field (I bet New York is thrilled not to have to face Smoltz anymore), the two teams are reportedly fighting hard over the services of one Derek Lowe. Then, whoever loses out on Lowe can turn their attention to the likes of Ben Sheets, Freddy Garcia or Andy Pettitte.

I know the economy still sucks, but at least we have some signings and movement.

Despise the New York Yankees, do ya? Well get ready to hate them even more because they’re about to become every Yankee-hater’s worst nightmare this offseason. By the time they’re done making moves, the head of every non-Yankee fan across this great nation will be long blown off.

Think the Bronx Bombers were done after they signed CC Sabathia to a 30-year, $1 Gazillion contract last week? They’re not done – not even close. They’ve also got A.J. Burnett, Mark Teixeira and Manny Ramirez on their radar and if it were possible to raise Ty Cobb, Cy Young and “Shoeless� Joe Jackson from their death beds, the Yankees would have already made bids on their services, too.

Here’s the thing, the Yankees missed the playoffs last year. They also haven’t won the American League East since 2006, a pennant since 2003 or a World Series since 2000. Simply put, that is unacceptable in the Bronx and with a new stadium ready to be opened next year, the new boss Hank Steinnbrenner wouldn’t dare fielding a loser in 2009.

The New York Post is reporting that the New York Yankees will pursue free agent outfielder Manny Ramirez and first basemen Mark Teixeira.

“If they can’t get Teixeira, they are right there on Manny,” an official with knowledge of the Yankees’ plan said yesterday.

The attention being paid to bolster the lineup that lost Bobby Abreu and Jason Giambi doesn’t mean the Yankees are out of the pitching business. They remain engaged with Andy Pettitte, Derek Lowe and Ben Sheets. Eventually, the Yankees believe Pettitte will take their $10 million offer.

Only fools count out the Yankees when it comes to free agents. Nevertheless, Teixeira has eight-year offers for $160 million from the Angels and Nationals. The Red Sox are wary of eight years but aren’t shy of six for $150. Having already spent $243.5 million for CC Sabathia and A.J. Burnett, the Yankees may not want to go that high (or for that many years) for Teixeira.

If they pass on Teixeira, the Yankees will try and bolster a sagging lineup with Ramirez, one of the greatest run producers in baseball history. And to clear some money, they might entertain offers for outfielder Xavier Nady, who made $3.35 million last year, is arbitration eligible and a free agent after the 2009 season.

I wouldn’t doubt the Yankees landing any top free agent, but I don’t think Teixeira will be playing in pinstripes next year. I think they entered the Teixeira-talks to drive up the price for Boston.

Manny, on the other hand, is a different story. I think he’s pissed that he wasn’t offered a contract yet and will jump at the chance to join the Evil Empire so he can stick it to teams – especially the Red Sox.

I know this was Vegas, which comes with its own set of distractions, but come on. We all expected a lot more to happen at the MLB Winter Meetings this past week than the Yankees giving CC Sabathia the equivalent of a small planet and AJ Burnett significant real estate on said planet (the Yanks made the latter official Friday afternoon with a 5-year, $82.5 million deal), as well as the Mets signing the best closer out there (K-Rod) and trading for a second one (JJ Putz) to be their set-up guy. Unless the Orioles and Reds swapping Ramon Hernandez and Ryan Freel, or the Rays and Tigers trading Edwin Jackson for Matt Joyce gets your blood flowing, it was kind of a disappointing week, especially if you live 40 miles or more outside of the New York metro area.

We still have Manny Ramirez without a team, and the very real possibility that he could just stay with the Dodgers. Really, doesn’t that make the most sense for this guy’s, um, easygoing, personality and playing style? Meanwhile, the stakes for Mark Teixeira have been upped by none other than the Washington Nationals, who are believed to be offering the free agent slugger eight years at $20 million per. That sounds to me like agent Scott Boras trying to just be Scott Boras. We all know Tex is going to wind up in Boston, Baltimore, or back with the Angels.

And as if Cubs’ fans haven’t suffered through enough misery lately, GM Jim Hendry decided to pull the plug on the Jake Peavy trade. He just didn’t want to inherit as much salary as the Padres wanted him to, and he surely didn’t want to throw Mark DeRosa on a plane to San Diego as part of the deal. Now, the Angels have been mentioned as a team that might pursue Peavy, and you definitely can’t count the Yankees out either. Oh, and by the way, the Yankees have turned their attention to in-house “old reliable� Andy Pettitte now, and have not ruled Ben Sheets or Derek Lowe out yet. Wow.

Meanwhile, the Mets spent so much on closers that they literally had nothing left to go after Lowe. Instead, GM Omar Minaya is talking to the Cubs about a trade for Jason Marquis, and/or re-signing Oliver Perez or Pedro Martinez.

There could be a lot more moves on the horizon, but in a week expected to have a lot of fireworks, the hot stove fired up in New York and nowhere else. Stay tuned though, because deals are known to happen into January, and some, like Ramirez and Teixeira signing, could lead a domino effect for more moves.

Well, it turns out Mets’ GM Omar Minaya wasn’t messing around when it came to fixing his team’s biggest problem–the bullpen. A day after agreeing to terms with record breaking closer Francisco “K-Rod” Rodriguez, Minaya pulled the trigger on a blockbuster trade involving two other teams, Seattle and Cleveland. The Mets acquired Mariners’ closer JJ Putz and RHP Sean Green from Seattle and OF Jeremy Reed from Cleveland; they sent OF Endy Chavez, RHP Aaron Heilman, and minor leaguers Maikel Cleto, Ezequiel Carrera, Jason Vargas, and Mike Carp to Seattle and RHP Joe Smith to Cleveland; Cleveland sent IF Franklin Gutierrez to Seattle; and Seattle sent Luis Valbuena to Cleveland.

Essentially what this means for the Mets is that they traded Heilman and Smith for Putz, while swapping marginal outfielders. The move is good for Seattle, who received a ton of young players, and for Cleveland, who now have a reliable sinker ball pitcher to put in front of new closer Kerry Wood. But it’s huge for the Mets, who will put Putz in the set-up role in front of K-Rod. Putz will earn just $5.5 million in 2009 and has a team option in 2010 for $9.1 million, and K-Rod’s contract also features a lot of money on the back end of his contract. That means Minaya and the Mets will have decisions to make in 2010 and beyond, but for 2009 in shiny new Citi Field, they have given themselves possibly the best one-two bullpen punch in the majors, and any lead after the seventh inning will almost certainly result in a win. Things still have to play out on the field, but that’s already a far cry from the two epic collapses of 2006 and 2007.

Meanwhile, the Braves and Yankees appear to be in a bidding war for RHP A.J. Burnett. The Yankees were not satisfied with just C.C. Sabathia, and are looking to fortify their rotation with Burnett, and/or Ben Sheets, Andy Pettitte or Derek Lowe. The Braves offered four years with a fifth year option, all totaling $80 million, to Burnett; and since then, reports surfaced that the Yanks upped their offer to $91 million, but that was incorrect, and it’s said to be more in the same $80 to $85 million range the Braves are offering, but with five years guaranteed. It’s unclear if the Braves can win a real bidding war with New York, but with the numbers close, this one will surely be more a matter of where Burnett wants to live and work for the next few years.

It’s time for one of my favorite times of the year in baseball, the Hot Stove League…a.k.a. the time when players change teams and change the landscape of MLB for the following season. Let’s start by taking a look at the big names that will be moved or signed as free agents in the coming months, and be sure to check back in with us each week during the cold months….

Manny Ramirez—Word is the Dodgers do not want to sign Manny to a 4-5 year deal the way agent Scott Boras would like. That leaves open the very real possibility that Manny could be heading back to the American League where he can DH for a team like (are you ready for this?) Toronto. I don’t know, that just doesn’t seem right, does it? But it sure would tighten up a tough division even more. My feeling is Manny stays in LA for two years or so. The Yankees will also have to make a bid, and you might expect the Mets to as well just to say they did.

CC Sabathia—The Brewers would love nothing more than to re-sign their ace who came over from Cleveland in July and almost led them to the promised land. Well, he did almost single-handedly land the team in the playoffs. CC likes Milwaukee, but yearns for the west coast where he is from. The Dodgers might open their wallet here, especially if Manny goes elsewhere. The Yankees are also expected to bid, so the $$ could go high.

Jake Peavy—The hot rumor is that Peavy is being courted in a trade by the Braves, but GM Frank Wren is not itchy to give up the top prospects the Padres are looking for.

Francisco Rodriguez—The Angels’ closer who saved a major league record 62 saves in 2008, is expected to receive a hefty offer from the Mets to replace Billy Wagner.

Mark Teixeira—The Angels are likely to re-sign him, but if the Yankees do not get Sabathia, expect a run from them as well.

Other news….

Detroit’s Freddy Garcia has filed for free agency after pitching just three games for the Tigers in 2008……Seattle’s Raul Ibanez has also filed…AJ Burnett is likely to opt out of his contract with Toronto, and is expected to do so before next week’s GM meetings….Ken Griffey’s option was declined by the White Sox, who didn’t make it past the first round of the playoffs against Tampa. Griffey should find a home in the American League as a DH….Florida traded 1B Mike Jacobs to Kansas City on Thursday for pitcher Leo Nunez….the Tigers declined the option on Edgar Renteria….the Dodgers’ Jeff Kent is finally expected to retire…..in Brewers news, Ben Sheets has declared free agency, and they have named former A’s manager Ken Macha to replace Ned Yost…the Brew Crew also declined their option on infielder Craig Counsell yesterday.