Back on Monday, I introduced my new “Balancing the Market” series with catchers. To start off, I wasn’t so sure of the concept and first base isn’t going to make that go away, but I have a feeling things will pick up as we move around the diamond. For now, the format will remain the same. Next up is first baseman, and this is going to be short.

Trade Market

No one really has a spare first baseman that can make an impact in 2008 for someone else, so there’s not really much of a market here. The closest players I can find are Nick Johnson, Mark Teixeira, and Richie Sexson. Johnson needs to prove he’s healthy and can still produce, Teixeira would have to see his team fall out of contention, and Sexson would have to see his team fall out of contention and prove he can still produce. Check back in July; there might be a few first basemen on the trade market then.

Contract Extensions

Contracts expiring at the end of the season include Teixeira, Sexson, and Carlos Delgado ($16M option with a $4M buyout). Teixeira is the only one worth trying to extend before the season.

Prince Fielder and Ryan Howard stand out as players in their pre-free agency years that are worth re-signing. Both players have four years before free agency, but remember that Howard is already 28. Given his age, Howard is worth a 3-year extension with an extra club option year (pre-FA arbitration is still an option if the team declines). On the other hand, Fielder is only 23. In an attempt to lock up his peak years, I’d wait until next year to discuss an extension.

Recap

For this short of an article, do we even need a recap? Nick Johnson, Mark Teixeira, and Richie Sexson could all make their way to the trade block this season. In the meantime, the Braves should try to sign Teixeira to an extension, while the Phillies should try to lock up Howard’s arbitration years. If the Brewers are confident that Fielder will be a force for years to come, they could work out a deal now, but I’d rather wait until next offseason to give him that extension – give him one more year to prove he’s worth the long-term deal.

After a tremendous comeback to win the NL East, the Phillies were run over by the streaking Colorado Rockies. To their credit, they have quickly turned to offseason mode by re-signing Charlie Manuel as manager and buying out the options on Rod Barajas and Abraham Nunez’s contracts. With several holes to fill, Pat Gillick has his hands full going into 2008.

Strength

Three-fourths of the infield is the easiest strength to spot in Philadelphia. With Ryan Howard, Chase Utley, and Jimmy Rollins, the club could keep plugging them in at first, second, and short through 2011 without even having to consider a long-term contract extension. Following that season, Howard will qualify for free agency for the first time, and Rollins’s contract will end (assuming the Phillies pick up his 2011 option at $8.5M). To balance out the offense, they’ll once again be joined by Pat Burrell out in left field. Despite his bashing by fans and media, Burrell has been consistently good the last three seasons. His OBP has been between .388 and .400, and his SLG has been between .502 and .504 over that period.

Playoff teams usually have an ace that leads the way on the pitching rubber, and the Phillies had that guy when Cole Hamels was healthy. Hamels pitched 183.1 innings with a 3.39 ERA. He was joined in the rotation at the beginning of the season by current, and future, closer Brett Myers. Myers pitched poorly in his three starts to begin the year, accumulating a 9.39 ERA over 15.1 innings, but can you really come to any conclusions over just three starts? The Phillies decided that they needed to fix their bullpen, so Myers moved to the pen. When Tom Gordon went down, Myers stepped into the closer’s role and pitched well. Since his conversion to relief work, Myers threw 53.1 innings and gave up only 17 earned runs for a 2.87 ERA. He did so while striking out 10.8 batters, walking 3.0, and giving up 0.7 HR per nine innings, which works out to a 2.79 FIP (nicely fits his actual ERA).

Concerns

Aaron Rowand is yet another data point for the idea that players perform better in contract years. Rowand beat his career averages (.286/.343/.462) in every single category by hitting .309/.374/.515. He is well-regarded for his defense as well. He enters the market along with fellow center fielders Torii Hunter, Andruw Jones, and Mike Cameron. If the Phillies are unwilling to pony up the cash for one of the players, they could look internally. Shane Victorino is returning as are Michael Bourn and Jayson Werth. Either Victorino or Bourn could handle center field with the other handling right field against righties. Against lefties, Manuel should try to get Jayson Werth as many at bats as possible. Werth hit .375/.467/.591 against lefties this year and has hit them at a rate of .284/.378/.486 over his career.

The Phillies’ main concern is the pitching staff. In the rotation, Hamels will be joined by Jamie Moyer, Kyle Kendrick, and Adam Eaton. Moyer will be 45, Kendrick only struck out 49 guys in 121 major league innings, and Eaton gave up 30 HR and 71 walks in his 161.2 innings this season. All three are question marks, and there’s still one spot left to fill. Their departing free agent Kyle Lohse is quite possibly the best option on that particular market. The Phillies will need to turn to the trade market to address this need, but I’m not sure what they’ll be using to acquire other team’s talent. There isn’t much top-level talent in the system. Phillies’ management will need to get creative.

After (or before) the rotation gets fixed, Gillick will have to upgrade the bullpen. Former closer Tom Gordon will be back as will Ryan Madson. Madson strained his shoulder in late July, and it was rumored that he could’ve returned had the Phillies advanced to the NLCS. Other than those two and Brett Myers, there isn’t much good left to talk about returning from the 2007 pen. J.C. Romero is a free agent and has expressed a desire to return, but it’s questionable if his smoke and mirrors routine (1.24 K/BB in Philadelphia) will continue to fool hitters.

Overall

The Phillies have some work to do if they want to return to the top of the division, but so do the other NL East teams. With at least four years of their three great infielders and ace pitcher, the Phillies are positioned to be contenders for a while, but they need to fix their massive holes because they aren’t the only team positioned well in the NL East.

It seems I need to clarify what these rankings are meant for. They are based on a 12-team 5x5 mixed league with the following positions: C, 1B, 2B, 3B, SS, OF, OF, OF, U, SP, SP, RP, RP, P, P, P. I am placing the players in tiers to see where players at each position line up. This does not mean that sixth tier catchers are equal to sixth tier first basemen. There will be cases where the third tier at one position has more value than the first tier at another. Also, I will be including DH in the 1B rankings, and their names will appear in italics.

Replacement Level
77 R, 23 HR, 80 RBI, 3 SB, .283 AVG

First Tier
1. Albert Pujols, St. Louis Cardinals
#1 overall pick, hands down. He's well above replacement across the board.

Second Tier
2. Ryan Howard, Philadelphia Phillies
His big-time power places him up here, and he also benefits from his batting average. Howard is above replacement in all categories except SB, but he isn't that negatively affected because not many 1B steal bases.

Third Tier
3. David Ortiz, Boston Red Sox
A lower batting average is all that's keeping him out of the second tier. In that lineup with his production, he'll continue to put up big numbers.

Fourth Tier
4. Travis Hafner, Cleveland Indians
I have yet to figure out why Hafner is so under-the-radar. Why wasn't he an All Star last year? He was the best player in the first half of the season. His limitations to the utility spot is all that's keeping him down in the fourth tier.

5. Mark Teixeira, Texas Rangers
A bad first half kept his production down, but he was back in the second half. Without the first half slump, Teixeira is an easy first round selection. Despite the slump, he's still worth a second round selection.

Fifth Tier
6. Justin Morneau, Minnesota Twins
The unjustly named AL MVP will be back and continue to show what he can do while healthy. Despite being the third best player on his team last year, Morneau puts up huge fantasy numbers.

7. Derrek Lee, Chicago Cubs
Derrek Lee is trying to come back from his wrist injury that knocked him out in April and a premature comeback that went awry. He was able to hit .339/.362/.571in his second return to the field. Don't expect 2005 again, but he should still be a stud. His steals are a rarity at the position.

8. Prince Fielder, Milwaukee Brewers
The team is on the rise, and Prince is leading the way. I expect big things from the Brewers. Don't be surprised to see Fielder bump up his batting average and become one of the better first basemen.

Sixth Tier
9. Paul Konerko, Chicago White Sox
Last year's AVG was a little out of line for his career, so expect some regression. Given that, he's been pretty consistent the last three years at about 90 runs, 40 HR, and 110 RBI. Following the standard aging curve, expect a little less than that, but he should still be a good first base option.

10. Todd Helton, Colorado Rockies
Let's hope he's past the stomach ailment that sidelined him for a few weeks last year, and it sounds like the humidor experiment might be lessened a little as well. Hopefully, Helton bounces back with a big year, but it is necessary to remember that he did take a significant power hit last year.

11. Frank Thomas, Toronto Blue Jays
The injury risk, age, and positional inflexibility drop him from his 2006 rank, but he could end up near the top of the list. It's the possibility of Big Hurt ending up at the bottom of the list that worries me.

Seventh Tier
12. Adam LaRoche, Pittsburgh Pirates
13. Richie Sexson, Seattle Mariners
14. Lyle Overbay, Toronto Blue Jays
LaRoche has definitely been moved to a less potent lineup, but he will also be batting higher in the order. Sexson has a little bit of a batting average problem, but he provided a little more power than the other two. Overbay makes up for lesser power with a higher average.

Eighth Tier
15. Carlos Delgado, New York Mets
16. Adrian Gonzalez, San Diego Padres
17. Conor Jackson, Arizona Diamondbacks
18. Jim Thome, Chicago White Sox
19. Jason Giambi, New York Yankees
Having one of these guys as your utility isn't such a bad idea unless you need some steals. Delgado, Thome, and Giambi add the home run threat while sacrificing some AVG. Gonzalez is the first base replacement player much like Varitek is the catcher replacement player. Jackson gives a high average but fewer RBI than you'd expect from a first baseman.

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I probably won't be getting to second basemen until next week, but keep the comments coming.