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Blue Jays: Would Dallas Keuchel deliver fair value?

In previous articles, I identified Michael Pineda, Zack Wheeler, and Hyun-Jin Ryu as free agent starters who could deliver fair value given their expected contract terms. Dallas Keuchel, a Cy Young Award winner, has a resume that warrants serious consideration as a Blue Jays target. The question to address is whether Keuchel’s expected performance level will justify the predicted value of his next contract.

Note that this article is not about if the Blue Jays will sign Keuchel; it is a piece that examines the following:

  1. The level of performance that should be expected from Keuchel; and
  2. The contract terms that would be reasonable given his projected performance
Overview

Keuchel was drafted by the Houston Astros in the 7th round of the 2009 MLB June Amateur Draft and made his MLB debut on June 17, 2012.