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Miguel Cabrera probably would not appreciate the competition from Fielder at first base, so the proper place for the humongous slugger would have to be DH. Unfortunately, since the emergence of catcher Alex Avila, Victor Martinez has permanently assigned himself to that role, so unless Cabrera is ready to put on his old third baseman's mitt again, this is not going to happen. That means it's not going to happen. Don't get any ideas.
Fielder and Cabrera make a fascinating pair, by the way. Though Cabrera is only 13 months older, he has fully two more seasons of experience under his belt. Two years ago, Cabrera entered the 2010 season as a career .311/.383/.542 hitter with 209 home runs in 4,441 plate appearances. That OPS was good for 41 percent better than league average. Fielder enters 2012 as a .282/.390/.540 career hitter (43 percent better than his fellows) with 230 home runs in 4,210 plate appearances.
Fielder does not pose the sort of character/makeup issues Cabrera does. In fact, Fielder has been a model clubhouse guy the past few years. He's a better hitter, a left-handed hitter, a first baseman of equal defensive value to Cabrera (none) and a younger man. Not to go all Scott Boras Binder on you, but why in hell has no one paid this man $200 million yet?
By the way, remember that Fielder is currently two years behind Cabrera's career path, because Cabrera has two on-base titles, a batting title and an 1.038 OPS since the start of 2010.