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17 Players Exchange Filing Figures

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This evening’s deadline to exchange filing figures has come and gone. The majority of arbitration-eligible players agreed to contracts to avoid going to a hearing. There were 17 instances where the player and team did not come to terms.

Technically, nothing prevents players and teams from continuing to negotiate. However, virtually every team takes a “file-and-trial” approach to the process. Clubs will mostly refuse to continue talks about one-year deals after this date. They’ll often make exceptions for discussions involving multi-year contracts or one-year deals with a club/mutual option. It’s unlikely that all of these players will end up getting to a hearing, but the majority probably will.

If the sides go to a hearing, a three-person arbitration panel will either choose the player’s or the team’s filing figure. They cannot pick a midpoint. That’s designed to prevent the parties from anchoring by filing at extremely high or low figures. Teams’ preferences for the file-and-trial approach follows a similar logic. The idea is to deter players from submitting a higher number from which they could continue to negotiate until the hearing begins.

The list of players who could go to a hearing this winter (service time in parentheses):

Angels

Brewers

Cardinals

Cubs

Dodgers

Nationals

Orioles

Padres

Pirates

Rays

Red Sox

Yankees

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Tucker and the Cubs have the biggest gap in filing figures at $2.5MM. He’s one of the top two free agents in next year’s class and is unlikely to sign an extension, so they’re almost certainly headed to a hearing. King, who will be one of the best pitchers on the open market next winter, is the only other player with more than $1MM at stake depending on the results of the hearing. The smallest divide is the paltry $150K gap between Rengifo’s and the Angels’ respective filing figures. Hearings are scheduled to begin on January 27 and could run through February 14.

Yankees Considering Paul DeJong

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As the Yankees search for infield help after losing second baseman Gleyber Torres in free agency last month, Jon Heyman of the New York Post reports that Paul DeJong is among the names the club is currently considering.

DeJong, 31, has spent the vast majority of his career with the Cardinals to this point. After being selected in the fourth-round of the 2015 draft by St. Louis, he rose through the ranks of the minor leagues quickly and made his debut during the 2017 season. The first few years of his career went quite well, as he hit a solid .251/.318/.467 (108 wRC+) in his first three years with the club while working his way into the Cardinals lineup as their everyday shortstop. He enjoyed a particularly strong season in 2019, when he slugged 30 home runs and put up fantastic numbers on defense en route to an All-Star appearance.

Things started to take a turn for the worse starting with the shortened 2020 season, however, and his offense took a major step back until he ultimately lost his starting job with the Cardinals. Eventually, he was traded midway through the 2023 season having slashed just .207/.285/.368 (80 wRC+) over his final four years with the club. He bounced around the Blue Jays and Giants down the stretch and hit just .129/.128/.183 over the season’s final two months before reaching free agency, where he eventually signed with the White Sox.

While 2024 was a season to forget on the south side of Chicago, that had nothing to do with DeJong’s performance. Taking over for Tim Anderson as the club’s starting shortstop in the first half, DeJong enjoyed the best season he’s had since his aforementioned 2019 All-Star campaign. That strong performance earned him a trade to the Royals, and he shifted to third base in deference to Bobby Witt Jr. down the stretch as the Royals made their first playoff appearance since winning the World Series in 2015. Overall, he slashed a decent .227/.276/.427 (95 wRC+) in 482 plate appearances that brought his offensive contributions within spitting distance of league average. That combined with strong glovework at both shortstop and third base made DeJong a 1.7 fWAR player in 2024, or a roughly average regular.

A player whose best season in half a decade saw him become more or less average is sure to come with warts, and DeJong is no exception. His .276 on-base percentage last year was the eighth-lowest figure among all hitters with at least 450 trips to the plate, and his 32.4% strikeout rate was third-highest among that same group. DeJong’s excessive whiffs and difficulty getting on-base are somewhat made up for by his considerable pop; he clubbed 24 homers last year, good for eighth among shortstops and ninth among third baseman despite him not getting enough plate appearances to qualify for the batting title. With his combination of power and defense, DeJong seems like a good bet to earn at least semi-regular playing time in 2025.

Whether that playing time will ultimately come with the Yankees is unclear. DeJong is unlikely to cost much even after a solid enough platform season, and that’s sure to be appreciated by a Yankees club that seems to be stretched thin financially as things stand. Heyman suggests that offloading some of right-hander Marcus Stroman’s salary could allow the Yankees to spend a bit more in their search for infield help, though even if they’re successful in their efforts to shop the veteran hurler it stands to reason they’ll remain out on top-of-the-market options like Alex Bregman and Nolan Arenado.

While the Yankees apparently don’t have much desire to pay a premium in free agency or trade to add infield help, there’s a clear need for another option at either second or third base. Jazz Chisholm Jr. can be a solid regular at either position and appears to be ticketed for the keystone as things stand, but that would leave third base to some combination of DJ LeMahieu, Oswaldo Cabrera, and Oswald Peraza. LeMahieu turns 37 in July and is coming off a 2024 season where he was among the worst hitters in baseball (52 wRC+), while Peraza has just 74 games of experience at the big league level. That leaves Cabrera as the club’s best option at present, but his .247/.296/.365 (88 wRC+) leaves much to be desired as an everyday player despite his value on the bench.

Latest On Luis Arraez’s Trade Market

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The Padres and infielder Luis Arráez avoided arbitration earlier today by agreeing to a $14MM salary for the 2025 season, his final before he reaches free agency next offseason. Even after agreeing to a contract, however, there’s no guarantee that Arraez will be San Diego come Opening Day. The club is reportedly angling to lower its payroll to something closer to 2024’s $169MM figure. With outstanding needs in the outfield and rotation that have yet to be addressed, trading a pricey arbitration-level player like Arraez or Dylan Cease seems like it may be the best avenue for the club to simultaneously lower its payroll and add talent to remain competitive in the NL West this season.

That’s led the Padres to at least consider parting ways with Arraez this winter, and there have been some conflicting reports about potential interest from the Yankees regarding Arraez’s services. The club is in need of infield help after losing Gleyber Torres in free agency, and Arraez’s history as a second baseman makes him something of a plausible option. With that being said however, Andy Martino of SNY is the latest voice to cast doubt on the fit between Arraez and the Yankees. While Martino acknowledges that the club had some discussions back in November that involved Arraez, he adds that similarly brief conversations were held regarding fellow Padres infielder Jake Cronenworth along with a number of other players, and that the Yankees are not expected to pursue Arraez at this point in the winter.

That may not completely shut the door on Arraez winding up in the Big Apple, however. Martino suggests that while the Mets have not engaged with the Padres in “substantive” talks regarding Arraez to this point, they’re in the market for a veteran infielder and he could come into play for the club in the event that slugging first baseman Pete Alonso signs elsewhere. In that case, Arraez would provide the Mets with a short-term solution at first along with the ability to back up second and third base in a pinch. That would leave the door open for New York to reevaluate its needs next winter in a free agent class that figures to be headlined by star first baseman Vladimir Guerrero Jr. barring an extension with the Blue Jays. Paul Goldschmidt, Ryan O’Hearn, and Josh Naylor are among the other noteworthy names that figure to be available in next year’s first base class.

When it comes to their hole at first base, the club seems to be clearly focused on bringing Alonso back into the fold despite a number of recent reports have suggested that there remains a gap between the two sides in terms of years. It’s difficult to imagine the Mets going in another direction until Alonso’s market develops further, but it’s worth noting that the same surely could have been said about third baseman Alex Bregman and the Astros in the weeks prior to the club adding Isaac Paredes and Christian Walker to box him out of the club’s infield mix.

Should the Mets wind up searching for other options themselves, Arraez figures to be one of a number of backup options at their disposal in the event that Alonso ultimately signs elsewhere. There’s been some rumors that the club could consider Bregman as a backup to Alonso, which would kick incumbent third baseman Mark Vientos over to first. More direct first base options available in free agency or on the trade market include Justin Turner, LaMonte Wade Jr. or perhaps even Red Sox youngster Triston Casas, though none of those players have been directly connected to the Mets at this point.

Oswaldo Cabrera Drawing Trade Interest

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As the Yankees’ roster currently stands, Oswaldo Cabrera might be the most likely option to be the team’s regular third baseman in 2025. He has appeared in 92 career games at the hot corner, more than anywhere else on the diamond, and has put up excellent defensive metrics in that small sample of playing time. In 706 2/3 innings, he has 9 Defensive Runs Saves, 4 Outs Above Average, and a +3 Fielding Run Value. However, Cabrera has struggled to make the same kind of impact at the plate throughout his brief big league tenure. In 827 plate appearances from 2022-24, he has a .643 OPS and an 80 wRC+. Thus, FanGraphs estimates he has only been worth 1.3 Wins Above Replacement in 268 career games.

With all that in mind, it’s no surprise the Yankees are pursuing infield upgrades. For instance, they have recently been linked to players like Jorge Polanco, Brendan Rodgers, and Luis Arraez. If New York were to add any of those players – or a different second or third baseman – Cabrera would be the odd man out in the starting lineup. That would relegate him to a bench role once again in his age-26 season. So, it makes sense that multiple teams have reportedly spoken with the Yankees about Cabrera’s availability in a trade this winter (per Brendan Kuty of The Athletic). A rebuilding club or a contender with less infield depth might have more playing time to offer Cabrera in 2025 and therefore might value him more highly than the Yankees. What’s more, the market for lower-tier infielders is thin right now. Plenty of teams might prefer to take a chance on Cabrera’s upside than sign a known (and aging) entity like Enrique Hernández or Whit Merrifield. Cabrera is still young, still has room for growth, and won’t be arbitration-eligible until 2026.

That being said, Kuty also mentions that the Yankees “don’t seem likely” to trade Cabrera. After all, he could be their most valuable utility player this year. He’s a safer bet than the declining DJ LeMahieu and more of a proven major leaguer than former top prospect Oswald Peraza or current prospect Jorbit Vivas. What’s more, Cabrera can also play the outfield corners. He only played a handful of games in the outfield last season, but he has close to 900 innings of left and right field experience under his belt. That’s the kind of versatile bench player the Yankees could use even if/when they add another starting infielder. Indeed, this team should certainly understand the importance of position player depth. Thanks to his flexibility and good health, Cabrera has taken the field in 224 games over the last two seasons. Only two current Yankees have played more games for the team in that time: Anthony Volpe and Aaron Judge.

MLBTR Podcast: Brent Rooker’s Extension, Gavin Lux, And Catching Up On The Holiday Transactions

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The latest episode of the MLB Trade Rumors Podcast is now live on Spotify, Apple Podcasts, and wherever you get your podcasts! Make sure you subscribe as well! You can also use the player at this link to listen, if you don’t use Spotify or Apple for podcasts.

This week, host Darragh McDonald is joined by Tim Dierkes of MLB Trade Rumors to discuss…

Check out our past episodes!

The podcast intro and outro song “So Long” is provided courtesy of the band Showoff.  Check out their Facebook page here!

Yankees Have Shown Interest In Jorge Polanco

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The Yankees have filled most of their biggest holes this winter, adding a closer (Devin Williams), a frontline starting pitcher (Max Fried), an outfielder (Cody Bellinger), and a first baseman (Paul Goldschmidt). Nonetheless, general manager Brian Cashman still has work to do. For one thing, New York could use a replacement for long-time middle infield stalwart Gleyber Torres, who signed with the Tigers in December. Notably, the Yankees did not make an effort to re-sign Torres after he became a free agent. However, they have been linked to various other infielders this offseason, including free agent Brendan Rodgers and trade candidate Luis Arraez. Most recently, Mark W. Sanchez of the New York Post identified Jorge Polanco as another potential target. The Yankees have reportedly “checked in” on Polanco, who is a free agent for the first time in his career.

After spending the first 10 seasons of his big league tenure with the Twins, Polanco suited up for the Mariners in 2024. He played all of his defensive innings at second base. The 31-year-old was once a shortstop and has some experience at third base, but the keystone has been his primary home for the past four seasons. Presumably, that’s where the Yankees would be interested in having him play. Jazz Chisholm Jr.’s flexibility allows New York to pursue an upgrade at either second or third base, with Chisholm covering whichever position is left. Considering Polanco’s limited experience at the hot corner (24 games, 180.0 innings), it would seem to make the most sense to keep Chisholm at third.

Whichever team ultimately signs Polanco will be betting on him as a bounce-back candidate for 2025. From 2021-23, the switch-hitter was one of the better offensive second basemen in the game. Over 336 games, he hit 63 home runs with a .796 OPS and a 120 wRC+. His wRC+ was at least 19% better than the average second baseman’s in all three seasons. However, Polanco’s strong bat disappeared in 2024. His .651 OPS and 92 wRC+ were below average, even considering the lower offensive standards at second base. To make matters worse, his defense – which has never been his strong suit – was worse than ever. With -1 DRS, -10 OAA, -8 FRV, and -3.7 DRP, he either tied or sunk beneath his career lows in all four metrics.

For what it’s worth, Polanco spent time on the IL with a right hamstring injury in May and June and reportedly played through a left knee injury for much of the season. He had surgery on his knee this offseason and is expected to be ready for spring training. Perhaps a healthier Polanco will be able to hit more like his old self. To that point, ESPN’s Jeff Passan suggested the injury had a particular effect on the switch-hitter’s performance as a lefty batter. Polanco’s 94 wRC+ as a righty batter in 2024 was right in line with his career average of 95. On the flip side, his 91 wRC+ as a lefty batter in 2024 was significantly worse than his career 115 wRC+ from the left side.

Even at full strength, Polanco doesn’t offer quite as much upside as Torres. However, it’s not far-fetched to think Polanco could replace the offensive production the Yankees got out of Torres in 2024. This past season was also a down year for the younger infielder. Over 154 games, he hit for a .709 OPS and 104 wRC+. Funnily enough, those numbers are almost right in the middle of what Polanco produced in 2023 and ’24. He might not be the most exciting infielder the Bronx Bombers have been connected to this winter, but if the veteran can split the difference between his past two seasons, he’ll help the Yankees make up for what they lost.

Yankees Interested In Brendan Rodgers

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The Yankees are known to be looking for infield help and Bob Nightengale of USA Today relays that they have had discussions with free agent Brendan Rodgers, though it’s unclear when those talks took place or how serious they were.

Rodgers, 28, came up with a huge amount of prospect hype but he hasn’t been able to deliver on it thus far. The Rockies selected him with the third overall pick in the 2015 draft and he was the club’s top prospect for a while after that. Baseball America ranked him first in the system and in the top 25 prospects league-wide from 2017 to 2020.

In 2021 and 2022, Rodgers seemed to be cementing himself as a capable major leaguer, though something below a star. Over those two seasons, he put up a solid slash of .274/.326/.434, though that only amounted to a 95 wRC+, with that measure accounting for the hitter-friendly nature of Coors Field. Despite the subpar offense, Rodgers got strong marks for his second base defense, leading FanGraphs to credit him with a combined 3.1 wins above replacement over those two years.

Baseball Reference was even more bullish, giving Rodgers 4.3 WAR in 2022 alone. That discrepancy is due to BR using Defensive Runs Saved for its WAR, while FanGraphs uses a combination of Statcast and Ultimate Zone Rating. Rodgers had 3 OAA in 2022 but a massive 22 DRS, which is why the WAR tallies are so lopsided. But his DRS grade has been negative over the rest of his career, so that looks like a clear outlier.

Regardless of how Rodgers was evaluated at that time, he hasn’t been at that level since. He suffered a dislocated shoulder during spring training in 2023 and required surgery. He got into 46 games late that year but didn’t perform well, slashing .258/.313/.388 for a 78 wRC+. In 2024, he improved but not by much, producing a .267/.314/.407 line and 88 wRC+.

If one wanted to find a reason for optimism, they could look to Rodgers improving as the season went along. He hit .262/.306/.383 for a wRC+ of 79 in the first half and then .275/.325/.441 in the second half for a 100 wRC+, though that latter line was mostly buoyed by a huge August, as he had poor results in July and September.

Both in 2024 and in his career, the righty-swinging Rodgers has been better against lefties. He slashed .311/.364/.455 against southpaws last year for a 117 wRC, not far off from his career line of .298/.359/.484 and 120 wRC+ in that split. That could perhaps allow him to form a platoon with Jazz Chisholm Jr., who swings from the left side and has a line of .224/.281/.364 against southpaws in his career for a 76 wRC+.

The Rockies could have retained Rodgers for 2025, with MLBTR contributor Matt Swartz projecting him for a salary of $5.5MM, but the Rockies opted to non-tender him instead. That means that Rodgers will be cheap, which is surely attractive to the Yankees. They came into the offseason with a number of big contracts already on the books and have since swelled their commitments by adding Max Fried, Cody Bellinger and Paul Goldschmidt.

RosterResource puts the Yankees’ competitive balance tax number at $303MM, which is already above the fourth and final tier of $301MM. As a third-time payor, the Yanks will be taxed at a 110% rate on any further spending. They are reportedly shopping Marcus Stroman, which could lower their commitments, but they would still have one of the top payrolls in the league.

The fact that Chisholm can play either second or third base gives the Yanks some flexibility in how they add to their infield in the coming weeks but the top options at the hot corner will be expensive. Alex Bregman is available in free agency but is looking for a big nine-figure deal of some kind. Nolan Arenado is available in trade but the Cards are reportedly looking to get rid of most of what remains of his contract.

Rodgers is less exciting than those guys but will be far cheaper and seems capable of at least being a short-side platoon guy. He’s also still young and a former top prospect, so there could be some possibility of a late-bloomer breakout.

Yankees Shopping Marcus Stroman

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The Yankees’ eight-year deal for Max Fried gave them one of the deepest collection of major league starting pitching in the sport. Fried joined Gerrit Cole, Carlos Rodon, Luis Gil, Clarke Schmidt, Marcus Stroman and the since-traded Nestor Cortes in a long line of Yankee rotation options. While the trade of Cortes to the Brewers loosened that logjam (and significantly bolstered the bullpen, bringing Devin Williams in from Milwaukee), the Yankees still have six big league starters, most of whom are earning significant salaries. With that in mind, it’s not exactly surprising to see Bob Nightengale of USA Today report that New York is “actively trying to deal” Stroman.

Stroman’s name has already popped up in trade rumblings since the Fried signing. The Yankees pitched a Stroman-for-Nolan Arenado framework to the Cardinals, which was rebuffed by St. Louis. (Arenado has a no-trade clause, but the scenario was reportedly not even presented to the third baseman, as the Cardinals weren’t interested.) Given those efforts, it’s only natural that the Yankees have explored other possibilities as well.

Stroman, 34 in May, is entering the second season of a two-year, $37MM contract. He pitched decently during year one of the pact, logging a 4.31 ERA in 154 2/3 innings, but his strikeout rate (16.7%) and ground-ball rate (49.2%) were a far cry from his typical standards. Stroman punched out 21% of opponents from 2019-23 and kept the ball on the ground at a robust 53.2% clip over that same span. Similarly, the velocity on his sinker dipped quite a bit; from 2019-23, Stroman averaged 92 mph on the pitch (91.4 mph in ’23). In 2024, he averaged just 90 mph on that sinker.

Left-handed hitters, in particular, proved problematic for Stroman. They tagged him for a .296/.372/.474 batting line. He fanned just 14.3% of lefties, compared to 19% of fellow righties. With Stroman playing half his games at Yankee Stadium, lefties took full advantage of the short right-field porch. He surrendered 15 of his 19 home runs at Yankee Stadium in 2024 and pitched to a grisly 5.31 ERA at home. On the flipside, he sported a tidy 3.09 ERA on the road.

That road production and a generally successful track record should create at least some interest in Stroman elsewhere around the league, though perhaps not at the full freight of his $18.5MM salary this coming season. Trade discussions are surely complicated by the fact that the highly durable Stroman also has a vesting player option on his contract. With 140 innings pitched in 2025, he’d gain a player option for $18MM. Were that a club option, it wouldn’t be quite so problematic; that it’s a player option means that even if Stroman struggles or incurs a late-season injury, he’d be able to lock in that $18MM payday in 2026. Stroman has averaged 159 inning across the past five full seasons in which he’s pitched.

That player option, presumably, only creates more urgency for the Yankees to find a deal. They already have Cole, Fried and Rodon locked in for a combined $85MM in 2026 (including Fried’s slightly deferred signing bonus, which is paid half in 2025 and half in 2026). Schmidt will be in his third trip through arbitration as a Super Two player, while Gil will be in his first arb season in 2026. In total, it could mean a rotation earning a combined $100MM.

Stroman is arguably the sixth-best starter in that group of six at the moment, and paying him $18MM in 2025 and potentially again in 2026 understandably may not be a palatable course of action for the Yanks. That’s especially true when considering the team’s luxury tax status; they’re currently in the top penalty bracket for luxury status. Moving Stroman would trim more than $35MM in 2025 spending. The Yankees will be on the hook for 50-110% penalties on their luxury overages in 2026, depending on where the exact payroll ultimately lands. Again, that could mean a savings of $27-37MM, depending on if his player option comes into play.

While the player option surely gives other teams some pause, Stroman’s contract itself isn’t necessarily all that far underwater. The offseason has already seen 37-year-old Alex Cobb and 41-year-old Charlie Morton command $15MM one-year deals — Cobb’s coming after he made only three starts in 2024. Frankie Montas landed two years and $34MM with an opt-out upon signing with the Mets. The price for starting pitching has generally exceeded all expectations. Stroman at a year and $18MM, even with the conditional player option, isn’t necessarily egregious. Plus, if Stroman hits the 140 innings and pitches more like his 2021-23 self (3.45 ERA in 454 1/3 innings), he could well turn down the option and reenter free agency anyhow.

The Yankees aren’t likely to extract any kind of notable young talent in return for Stroman, but swapping him out for another veteran on a contract of some note or eating a portion of the contract and acquiring some longshot prospect help could still be feasible. There are still five weeks until pitchers and catchers report to spring training, and the market in recent offseasons has produced plenty of notable trades even after camps open. There should still be time for a deal to come together.

Latest On Yankees’ Infield

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6:39pm: Jon Heyman of the New York Post pushes back against the Arraez fit, reporting that the Yankees don’t see him as a fit for the moment. Lux, meanwhile, is being traded to Cincinnati.

1:03pm: The Yankees have already had a busy offseason but aren’t done yet. Jeff Passan of ESPN reports that they have had discussions with the Padres about Luis Arráez and the Dodgers about Gavin Lux, with either a possibility to take over the second base job in the Bronx. Jon Morosi of MLB Network says the Mariners, who are known to be looking for infield upgrades, have checked in on Lux as well.

For the Yanks, their infield took a couple of hits at the end of the 2024 season, with Anthony Rizzo and Gleyber Torres both hitting free agency, leaving holes at first and second base. They have since taken care of first by signing Paul Goldschmidt, but another infield upgrade would make sense.

The versatility of Jazz Chisholm Jr. gives them some flexibility. He largely played third base after being acquired last year but has plenty of experience at the keystone, meaning the Yanks could add either a second or third basemen, with Chisholm taking over whichever position is not addressed. They’ve been connected to free agent Alex Bregman and trade candidate Nolan Arenado as potential third base additions but appear to be exploring second base candidates as well.

Arráez is a logical trade candidate from San Diego’s perspective and something they have reportedly considered. RosterResource currently projects the Padres for a $210MM payroll this year, well beyond last year’s $169MM figure. While a payroll bump is reportedly possible, it’s been suggested they need to get their 2025 spending closer to 2024 levels. They are also projected to be just above the competitive balance tax and likely want to dip below that if they are going to be cutting payroll.

However, many of their players are difficult to move for contractual reasons. Many have no-trade clauses or hefty remaining guarantees or both. They also have a number of spots on the roster that could use upgrades.

Last winter, a similar set of circumstances led to the Friars parting ways with Juan Soto and Trent Grisham, sending them to the Yankees. The five players they received in return allowed them to shore up their depth in different areas while also offloading notable salary commitments.

Arráez, 28 in April could perhaps follow the same path this year. Like Soto last offseason, he is currently one year away from free agency and set to make a notable salary in his final season of club control. MLBTR contributor Matt Swartz projects Arráez to earn $14.6MM in 2025. That’s about half of what Soto was set to earn in 2024 but still a notable chunk of change for a team with budgetary constraints.

Though the projected salary is significantly lower, Arráez will still have far less appeal as a trade candidate than Soto did. Despite his elite bat-to-ball skills, Arráez is a limited player. He doesn’t take walks or add much power and is also not an asset defensively. Despite three straight batting titles, his .323/.372/.418 career batting line adds up to a wRC+ of 120, indicating his overall offensive contributions have been about 20% above average. Soto, on the other hand, has a .285/.421/.532 line and 158 wRC+ in his career.

The aforementioned defensive limitations are also something the Yankees will have to consider with Arráez. The Twins started using him more at first base in 2022 before trading him to the Marlins. With the Fish in 2023, Arráez got his largest sample of work at second and produced four Defensive Runs Saved but also -11 Outs Above Average. The Padres acquired him early in the 2024 season and only put him at the keystone for 58 innings the rest of the way.

The Yankees would have to weigh his defensive limitations against the attraction of putting his bat into the lineup, while also factoring in the money. RosterResource projects their competitive balance tax number at $303MM for this year, which is already above the fourth and final tier. As a third-time payor at that level, the Yanks face a 110% tax on any additional spending and would therefore have to pay about $30MM to employ Arráez this year. Of course, the Padres would also want something in return, though the cost savings might be their top priority at the moment.

As for Lux, it’s unclear if the 27-year-old is even available but it’s understandable why the Yanks would pick up the phone and check, as the Dodgers seem to be overloaded with middle infield options. They are planning to have Mookie Betts act as their everyday shortstop and committed themselves to that path by signing Teoscar Hernández and Michael Conforto to fill their corner outfield jobs, with guys like Andy Pages and Dalton Rushing also in the mix.

With Tommy Edman seemingly ticketed for the center field job, that leaves them with Betts at short and Lux at second, with Miguel Rojas and Chris Taylor around as bench/utility guys. They added even further depth by signing Hyeseong Kim a few days ago. Reportedly, the club still plans to use Betts and Lux as their primarily middle infielders, but perhaps the Kim signing increases the chances of the Yankees prying Lux loose.

If they succeeded, they would be getting something of an unknown quantity. Lux has had an up-and-down career thus far, but with some encouraging up arrows. Through the end of the 2021 season, he had a tepid batting line of .233/.314/.368, which led to an 86 wRC+. He took a noticeable step forward in 2022, slashing .276/.346/.399 for a 113 wRC+, but then missed all of 2023 due to a torn ACL.

His 2024 season was a step back, in a sense, though he finished strong. He hit .251/.320/.383 for a wRC+ of 100 on the season overall but with a dismal .213/.267/.295 line in the first half and a robust .304/.390/.508 showing in the second, leading to respective wRC+ marks of 60 and 152 in those halves. His batting average on balls in play jumped over 100 points from the first half to the second, so it might not be entirely sustainable, but he also improved in terms of the quality of his batted balls. Defensively, the reviews are mixed. Both DRS and OAA gave Lux a negative grade at second base in 2024 but both have him in positive territory for his career overall.

Financially, Lux is more attractive than Arráez. Thanks to an inconsistent career and missing an entire season, Lux is projected to make just $2.7MM next year, with an extra year of club control beyond that as well. Given the Yankees’ CBT situation, that would be far more attractive, but it’s also valuable to the Dodgers for the same reason. Since the Dodgers don’t seem especially motivated to let go of Lux, the Yankees would have to send something of real value the other way.

For the Mariners, their infield needs are well known. They lost Justin Turner to free agency, turned down an option for Jorge Polanco and non-tendered Josh Rojas. Apart from shortstop J.P. Crawford, little is settled on the dirt in Seattle. They have some internal options, such as Luke Raley for first base. He would need a right-handed platoon partner, which could come in the form of bringing back Turner. At second, they reportedly have some willingness to ride with Dylan Moore and Ryan Bliss until prospect Cole Young is ready to take over.

That has made it seem more likely that the club would add at third base, though bringing in a second baseman is still a consideration. The M’s were connected to Cubs’ second baseman Nico Hoerner earlier this winter, for instance, and are seemingly open to Lux as well. Lux does have some third base experience, but only six innings in the majors, so he would be a far more logical solution at the keystone.

His low projected salary is surely appealing to the Mariners, though for different reasons than the Yankees. Seattle reportedly has about $15MM to play with this offseason, a tight enough budget that Luis Castillo rumors have been swirling for quite a while. A Castillo trade would weaken the rotation but would open up some more spending capacity, perhaps to go after a player like Bregman or Arenado, though trading for Lux might be a more straightforward solution. That would allow the M’s to keep their strong rotation intact, though they would perhaps have to give the Dodgers some notable prospect capital in order to move Lux up the coast.

This Date In Transaction History: Yankees Sign Nestor Cortes

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Every winter, every organization in baseball signs dozens of free agents to minor league deals, mostly in hopes of finding a useful bullpen or bench piece on the cheap or giving a veteran the opportunity to battle for a roster spot during Spring Training. Finding a true diamond in the rough through this process is exceedingly rare, but it happened for the Yankees four years ago to the day when they officially signed left-hander Nestor Cortes to a minor league deal. At the time, the southpaw was just one month removed from his 26th birthday and had a career 6.72 ERA across 79 innings of work at the big league level. Despite that brutal start to Cortes’s MLB career, the Yankees’ decision to bring him in as pitching depth for the 2021 season quickly proved to be one of the most fruitful minor league signings in recent memory.

The club was plenty familiar with Cortes when they signed him to the deal, as it was actually the lefty’s third stint in the Bronx. First drafted by the club in the 36th-round of the 2013 draft, Cortes was plucked from the club in the 2017 Rule 5 draft by the Orioles, but was returned just a few months later. He then threw 66 2/3 innings of work for the Yankees during his rookie season in 2019, though he struggled to a 5.67 ERA and found himself traded to the Mariners that November. Cortes made just five appearances in Seattle before electing minor league free agency and returning to the Yankees prior to the 2021 season.

The lefty’s return to the Bronx wouldn’t get underway in earnest until deep into May, when he was added to the club’s roster as a multi-inning relief option out of the bullpen. Cortes’s first appearance of the year came on May 30 against the Tigers, and he pitched somewhat unevenly with two runs (one earned) allowed in 3 2/3 innings of work that saw him strikeout three, give up three hits and walk four. Throughout the month of June, however, Cortes looked utterly dominant. He pitched to a microscopic 0.64 ERA across six appearances (14 innings) that month and struck out a whopping 42.3% of opponents.

That overpowering run of success earned Cortes a spot in the starting rotation when the calendar flipped to July, and he managed to keep a hold on that spot in the Yankees’ rotation throughout the remainder of the season. In 14 starts throughout the second half of the season, Cortes pitched to an excellent 3.07 ERA in 73 1/3 innings of work and struck out a respectable 25.4% of his opponents. His emergence helped the Yankees to weather injuries to Corey Kluber, Luis Gil, and Domingo Germán that tested their starting depth throughout the season. While Cortes didn’t pitch in the postseason that year as the Yankees fell to the Red Sox in the AL Wild Card game, he entered 2022 with a firm grip on a role in the starting rotation.

It turned out to be a career year for the left-hander. Cortes was among the very best pitchers in the sport in 2022, earning his first (and to this point, only) All-Star appearance and finishing within the top 10 of AL Cy Young award voting that year. While his 158 1/3 innings of work weren’t enough to qualify for the ERA title, he made a respectable 28 starts and his 2.44 ERA was the seventh-lowest in the majors among hurlers with at least 150 innings of work and left him sandwiched between Shohei Ohtani and Max Fried on that year’s leaderboard. His 26.5% strikeout rate, 3.13 FIP, and 3.7 fWAR all ranked in the top 20 among that group as well. The season to remember saw Cortes go on to make three key postseason starts for the Yankees that October. He cruised through two starts against the Guardians with a 2.70 ERA in ten innings but was ultimately on the mound for the Yankees’ final game of the season, when the Astros completed their sweep of the Bombers in Game 4 of the ALCS.

Following Cortes’s career year in 2022, the lefty saw his production take a bit of a downturn. 2023 was something of a lost season for Cortes, as he made just 12 starts due to a pair of rotator cuff strains and struggled to a below-average 4.97 ERA when he was healthy enough to take the mound. 2024 was a step in the right direction for the lefty as he was healthy for the majority of the year, but his results paled in comparison to what they had been in the first two years of his return to Yankee Stadium. In 174 1/3 innings of work for the Yankees last year, he pitched to a 3.77 ERA (109 ERA+) with a 3.84 FIP but struggled in the second half with a 4.41 ERA over his final 12 appearances.

Still, that’s solid mid-to-back of the rotation production overall and it was a worrying hit to the club’s depth when a late-season flexor strain seemingly endangered Cortes’s postseason in late September. The lefty made it back to the mound in time for the club’s World Series appearance against the Yankees, although some fans might wish he hadn’t done so after he surrendered a walk-off grand slam to Freddie Freeman in the tenth inning of Game 1. Cortes went on to throw 1 2/3 scoreless relief innings in Game 3, but had little impact during the rest of the series as the Yankees dropped the series to the Dodgers in five games.

New York traded Cortes for a second time last month when they packaged him with infield prospect Caleb Durbin and cash considerations to acquire star Brewers closer Devin Williams. At least for the time being, that trade has brought Cortes’s lengthy Yankees story to a close. With Cortes entering his age-30 season and just one year away from free agency, it’s anyone’s guess if he’ll find himself back in the Bronx at some point before his career comes to a close, but he leaves New York as one of the club’s most valuable signings in recent years.

Over the last four seasons, the lefty has pitched to a 3.33 ERA in 489 innings of work across 93 appearances (84 starts) while punching out 25.2% of his opponents. It’s a performance that was worth 9.4 fWAR and 10.3 bWAR, and even in 2025 the decision to bring Cortes back into the fold figures to be a gift that keeps on giving now that Williams and his career 1.83 ERA will spend his final year before free agency closing out games in the Bronx. Garnering that level of production out of a mid-20s minor league signing who has a career ERA north of 6.00 is something any club would be elated about, and the outcome stands as a clear win for Brian Cashman’s front office.

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