Poll: Who Will Be The First Top-10 Free Agent To Sign?

There hasn’t been much action on the free agent front as we approach the end of November, and we’re still a couple of weeks away from the epicenter of offseason activity known as the Winter Meetings.  Still, it isn’t uncommon for one big signing to trigger a plethora of other moves, so now it may just be a question of figuring out which major 2017-18 free agent will set off the offseason’s business by being the first to land a new contract.

Looking at MLBTR’s list of the top 50 free agents, of course, one very big name has already decided on his 2018 team — Masahiro Tanaka, the #5 free agent on the list, decided not to opt out of his deal with the Yankees.  (Justin Upton also reached his new five-year agreement with the Angels before our list was published, otherwise he would’ve certainly had a high placement.) With Tanaka off the board, the top ten players on MLBTR’s list are, from 1-10: Yu Darvish, J.D. Martinez, Eric Hosmer, Jake Arrieta, Mike Moustakas, Lorenzo Cain, Wade Davis, Lance Lynn, Greg Holland, and Alex Cobb.

Beyond how each player personally chooses to approach the market, there are several other big-picture factors that will impact how quickly any of these free agents may find another contract.  Shohei Ohtani‘s free agency and the Giancarlo Stanton trade talks could hold both the pitching and hitting markets at bay until either situation is resolved.  Eight of the ten players (all except Darvish and Martinez) have draft pick compensation tied to their services via the qualifying offer.  Martinez, Hosmer, Arrieta, Moustakas, and Holland are all represented by Scott Boras, who is known for waiting deep into the offseason for finding a suitable contract for his clients.

There’s still a lot of uncertainty in this offseason’s market…but hey, that just makes predicting all the more fun!  Who do you think will be the first of the top 10 free agents to ink a new deal?  (Poll link for App users)

Which Of These Free Agents Will Be The First To Sign?

  • Alex Cobb 20% (3,789)
  • J.D. Martinez 16% (3,000)
  • Lorenzo Cain 10% (2,009)
  • Jake Arrieta 9% (1,793)
  • Yu Darvish 9% (1,708)
  • Eric Hosmer 9% (1,706)
  • Wade Davis 8% (1,604)
  • Lance Lynn 8% (1,563)
  • Mike Moustakas 6% (1,140)
  • Greg Holland 5% (1,033)

Total votes: 19,345

Which Draft Picks Each Team Would Lose By Signing A Qualified Free Agent

Jake ArrietaWade Davis, Lance Lynn, Eric Hosmer, Mike Moustakas, Lorenzo Cain, Alex Cobb, Greg Holland, and Carlos Santana received one-year, $17.4MM qualifying offers from their teams earlier this week.  If those players sign elsewhere, here’s a look at the draft picks the signing team would lose.

Competitive Balance Tax Payors: Tigers, Dodgers, Yankees, Giants, Nationals

If one of these teams signs a qualified free agent, it must forfeit its second-highest and fifth-highest pick in the 2018 draft.  The team will also have its international signing bonus pool reduced by $1MM.  The Tigers are highly unlikely to sign one of the nine players listed above, but the other four teams might.  The Giants’ second-highest pick will fall somewhere in the 30s overall, so they stand to lose the most if they sign a qualified free agent.

Non-Disqualified Revenue Sharing Payees: Diamondbacks, Braves, Orioles, Reds, Indians, Rockies, Astros, Royals, Marlins, Brewers, Twins, Athletics, Pirates, Padres, Mariners, Rays

These 16 teams received revenue sharing and did not exceed the competitive balance tax.  If one of these teams signs a qualified free agent, it forfeits its third-highest pick.  These teams face the smallest draft pick penalty.

All Other Clubs: Red Sox, Cubs, White Sox, Angels, Mets, Phillies, Cardinals, Rangers, Blue Jays

These nine remaining teams would forfeit their second-highest pick and and have their international signing bonus pool reduced by $500K.  The penalty is something of a middle ground, but it would sting for a team like the Phillies to sacrifice a pick in the 30s.

What happens if a team signs two of these nine free agents?  The CBA calls for forfeiture of the next highest available draft pick.  For example, if a team has already lost its second and fifth-highest picks and it signs a second qualified free agent, it would lose its third and sixth-highest picks.  So as in the past, if you’ve already signed one qualified free agent, the draft pick cost to sign another is reduced.

RELATED: Examining Draft Pick Compensation For The 6 Teams That Could Lose Qualified Free Agents

2017-18 Top 50 MLB Free Agents With Predictions

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MLB Trade Rumors is proud to present our 12th annual Top 50 Free Agents list! The entire list of available free agents can be found here, and you can filter by position, signing team, and qualifying offer status with our mobile-friendly free agent tracker here.

New to MLBTR? You can follow us on Twitter, like us on Facebook, follow us on Instagram, and download our free app for iOS and Android.

MLBTR writers Steve Adams, Jeff Todd, and Jason Martinez joined me in this collaboration, debating free agent contracts and destinations for many hours. We vetted these as much as possible, but with 50 predictions and a volatile free agent and trade marketplace, we know we’ll be off on some. Let us know what you think in the comment section!

Looking for Shohei Otani?  Scroll to the bottom of the post for information on Japan’s Babe Ruth, whose free agency is a special case.  On to our Top 50 free agents:

1.  Yu Darvish – Cubs.  Six years, $160MM.  Let’s start by addressing the elephant in the room.  Darvish recorded a mere ten outs in his two brutal World Series starts for the Dodgers.  With those ugly outings fresh in our minds, projecting him to receive the winter’s largest contract creates cognitive dissonance.  However, Darvish remains what he was a week ago: a very good starting pitcher and the best in this free agent class.

Darvish spent the first seven years of his career in Japan starring for the Nippon Ham Fighters.  The Fighters made Darvish available to MLB teams in December 2011, at a time when there was no limit on bidding for the exclusive right to negotiate with the player.  The Rangers beat out the Blue Jays, Yankees, and Cubs with a $51.7MM bid and signed Darvish to a six-year, $56MM deal on top of that.  Darvish’s fine Rangers career included 782 2/3 innings of 3.42 ERA ball with a 11.0 K/9, plus four All-Star appearances and a second-place Cy Young finish.  He was traded to the Dodgers in July, making him ineligible for a $17.4MM qualifying offer.  While with the Rangers, Darvish went about 22 months between starts due to Tommy John surgery.  He’s been injury-free this year and nudged his way past the 200-inning plateau in his brief start last night.  The 31-year-old righty should have no problem setting a new free agent record for a Tommy John survivor, passing Jordan Zimmermann’s five-year, $110MM deal.  Seven-year contracts have historically been reserved for slightly younger pitchers without elbow surgery on their resume, so we’re expecting six years for Darvish.  Free agent starters have exceeded a $25MM salary four different times, and we’re projecting Darvish to become the fifth.  If the Dodgers decide to move on, the Cubs, Phillies, Nationals, Cardinals, Astros, and Twins could be potential suitors.  There’s a shortage of obvious big-market players here, allowing for dark horses to enter the mix.

Signed with Cubs for six years, $126MM.  Deal includes opt-out clause after second year.

2.  J.D. Martinez – Red Sox.  Six years, $150MM.  Martinez came up through the Astros’ farm system but struggled through 975 plate appearances in the Majors and was released in March 2014.  The Astros didn’t understand the impact of his recently-overhauled swing.  The Tigers scooped Martinez up on a minor league deal, and he went on to rake at a .300/.361/.551 pace with 99 home runs in 1,886 plate appearances for them from 2014-17.  A trade to the Diamondbacks this past July removed the possibility of a qualifying offer and boosted Martinez’s stock further as he went nuts with 29 home runs in 62 games.  He finished with a career-high 45 bombs on the season.  The biggest knock on Martinez is his right field defense, which has been a clear negative for the last two years.  He also missed significant time with an elbow fracture in 2016 and a foot sprain to begin this year.  Still, Martinez’s right-handed power will make him the most coveted bat on the market, enough that teams without corner outfield openings could trade someone to create a spot.  The Diamondbacks may not have the payroll space to retain Martinez, leaving the Cardinals, Red Sox, and Giants as top suitors.

Signed with Red Sox for five years, $110MM.  Deal includes opt-out clauses after second, third, and fourth years.

3.  Eric Hosmer – Royals.  Six years, $132MM.  Every year one free agent is particularly polarizing, and this winter it’s Hosmer.  The first baseman did solid work for the Royals over seven seasons, with a well-timed career-best batting line of .318/.385/.498 in 671 plate appearances this year.  He just turned 28 and will be looking for at least six years — quite likely more.  However, defensive metrics rate his glove poorly (a 2017 Gold Glove nomination notwithstanding), and off years with the bat resulted in replacement level seasons in 2014 and ’16.  A case will be made for a $200MM contract, but it’s not a very good case.  Teams seeking a first baseman have free-agent alternatives such as Carlos Santana, Logan Morrison, and Yonder Alonso, as well as trade candidate Jose Abreu.  If Hosmer gets a huge contract, it probably won’t be from the game’s more analytical teams.  The Royals seem likely to make a spirited effort to retain Hosmer as the face of their franchise, while the Red Sox, Cardinals, Mariners, and Rockies could enter the market to varying degrees.  Hosmer is a lock to receive and reject a qualifying offer.

Signed with Padres for eight years, $144MM.  Deal includes opt-out clause after fifth year.

4.  Jake Arrieta – Brewers.  Four years, $100MM.  A July 2013 trade from the Orioles to the Cubs rebooted Arrieta’s career, which peaked with the NL Cy Young Award in 2015.  Arrieta’s star has dimmed since then, as he’s become more prone to walks, home runs, and hits and stopped pitching deep into games.  He still provided value to the 2017 Cubs, with 30 starts of 3.53 ERA ball.  Though he turns 32 in March, Arrieta’s case for a long-term deal is boosted by excellent physical conditioning.  We expect him to come out looking for a six-year deal, but land at four or five.  Arrieta appears likely to move on from the Cubs, with whom he was unable to agree to an extension in the past few years.  However, it’s possible Arrieta could circle back to the Cubs later in the offseason if his market disappoints.  We don’t see a clear favorite to sign him, so we’ve chosen a dark horse pick in the Brewers.  The Cardinals, Nationals, Astros, Rangers, Phillies, Yankees, Angels, Mariners, Braves, Twins, and Dodgers could be in the mix depending on the price.

Signed with Phillies for three years, $75MM.  Deal includes opt-out clause after second year, which Phillies can void with two-year extension.

5.  Masahiro Tanaka – Phillies.  Five years, $100MM.  Tanaka, 29 this month, is coming off his fourth and perhaps worst MLB season.  He posted a 4.74 ERA in 30 regular season starts, with a ridiculous 21.2% of his flyballs allowed becoming home runs.  It wasn’t a Yankee Stadium problem, as Tanaka was even more homer-prone on the road.  On the bright side, Tanaka put up a career-best strikeout rate, a 3.77 ERA in the second half, and three excellent, homer-free postseason starts.  Back in January 2014, Tanaka joined the Yankees via the Japanese baseball posting system after pitching seven years for the Rakuten Golden Eagles.  With the posting fee capped at $20MM, the Yankees won the bidding over the Cubs, White Sox, Dodgers, and Diamondbacks with a seven-year, $155MM deal that included an opt-out that comes due at midnight on Saturday.  The biggest wrinkle in Tanaka’s long-term prospects may be the partially torn UCL in his right elbow, which surfaced more than three years ago.  Tanaka went the rehab route instead of undergoing Tommy John surgery.  In 2015 Tanaka missed time with a forearm strain and had arthroscopic elbow surgery in the offseason.  This year, he had a DL stint for shoulder fatigue.  If Tanaka opts out, he will be walking away from three years and $67MM left on his Yankees contract.  Ervin Santana was able to land a four-year deal with a rehabbed and healed UCL, and it seems that opting out is the right call for Tanaka.  The Yankees could be in a position to lower their luxury tax hit by adding a year or two and reducing the average annual value of his contract.  If Tanaka moves on from the Yankees, the Cubs, Nationals, Astros, Cardinals, Dodgers, Angels, Phillies, Twins, Mariners, Rangers, and Brewers could be possibilities.  If he does opt out, the Yankees will assuredly issue a qualifying offer in order to collect draft-pick compensation.

Elected to remain with Yankees, forgoing opt-out clause and free agency.

6.  Mike Moustakas – Braves.  Five years, $85MM.  Moustakas, 29, set a Royals franchise record with 38 home runs this year.  The second overall draft pick in 2007, Moustakas didn’t click as a hitter until 2015.  The third baseman suffered an ACL tear in May 2016, ending that season early, but exhibited no health problems in his return this year.  The biggest flaw in Moose’s game is his low 5.7% walk rate this year, resulting in a .314 OBP that drove down his overall value as a hitter despite the power.  Defensive metrics were also down on his once well-regarded glovework this year, though teams may be willing to chalk that up to rust coming off his knee injury.  Regardless, he should do well in free agency.  If the Royals move on, the Angels, Braves, and Cardinals could be options.  Like Hosmer, Moustakas is going to receive and reject a qualifying offer.

Re-signed with Royals for one year, $6.5MM.

7.  Lorenzo Cain – Giants.  Four years, $70MM.  Yet another Royals free agent, Cain adds value with his hitting, baserunning, and glove as a center fielder.  He’s a speedy, well-rounded player who was worth more than four wins above replacement this year.  Dexter Fowler’s five-year, $82.5MM deal with the Cardinals will be a likely model, though Cain is a year older than Fowler was.  Cain is the only plus defensive center fielder on the market who also carries an above-average bat, which should create plenty of demand.  If the Royals don’t retain him, the Giants, Mariners, Blue Jays, and Rangers could be matches.  The Royals have reportedly yet to decide on a qualifying offer for Cain, but it’d be a big surprise if he doesn’t get one.

Signed with Brewers for five years, $80MM.

8.  Wade Davis – Astros.  Four years, $60MM.  Davis, 32, came up as a starter in the Rays system and was traded with James Shields to the Royals in a December 2012 blockbuster.  2013 was a tumultuous year for Davis – his wife had a baby, he lost his stepbrother unexpectedly, and he pitched his way out of the rotation by August.  He began 2014 as the Royals’ setup man and never looked back, garnering Cy Young votes in a dominant season.  He moved into the team’s closer role when Greg Holland got hurt the following year and will forever be remembered flinging his glove into the air after punching out Wilmer Flores looking to end the 2015 World Series.  Davis missed time late in 2016 with a flexor strain in his pitching elbow, but the Cubs were not deterred in deftly trading Jorge Soler for him last offseason.  Davis had a fine year as the Cubs’ closer, though he walked more than five batters per nine innings in the second half and that trend continued as manager Joe Maddon pushed him into multi-inning postseason stints.  Despite a few warts, Davis is the best closer available and will likely be targeting Mark Melancon’s four-year, $62MM deal from last winter.  The Cubs shied away from big-money closers last winter, but it’s still possible they could pony up for Davis.  If the Cubs look elsewhere, the Astros, Cardinals, Rangers, Nationals, Twins, Braves, and Rockies could be fits.  Davis is another slam-dunk recipient of the qualifying offer and will reject in search of a long-term deal.

Signed with Rockies for three years, $51MM.

9.  Lance Lynn – Rangers.  Four years, $56MM.  Lynn, a 30-year-old righty, kicks off the second tier of free-agent starting pitching.  He made 161 starts for the Cardinals in his career, regularly topping 30 per year.  Lynn went under the knife for Tommy John surgery in November 2015.  He missed all of 2016, as expected, but was one of only 12 pitchers to reach 33 regular season starts in 2017.  While Lynn was never a big control guy, his 3.8 walks per nine innings was the second-worst mark of all qualified MLB starters.  His strikeout and home run rates were also career worsts, so his 3.43 ERA can be attributed largely to a .241 batting average on balls in play.  If Lynn’s BABIP regresses and other rates hold steady, his ERA could easily jump past the mid-4.00s.  Still, Lynn takes the ball every fifth day and has had a lot of big league success since 2012.  The righty’s reported asking price of $100MM+ over five years seems unattainable, but half of baseball is seeking rotation help.  That includes the Rangers, Orioles, Twins, Mariners, Phillies, Cubs, and Brewers.  Given the expected demand for Lynn, the Cardinals are likely to make a qualifying offer, and he’s likely to reject.

Signed with Twins for one year, $12MM.

10.  Greg Holland – Cardinals.  Four years, $50MM.  Holland ascended to the Royals’ closer job when they traded Jonathan Broxton at the 2012 trade deadline.  He established his dominance in 2013-14 with a 1.32 ERA and 13.4 K/9 in 129 1/3 regular season innings, earning Cy Young Votes and All-Star nods in each season.  Holland apparently tore his elbow ligament late in the 2014 season, pitching through the injury in 2015 before succumbing to Tommy John surgery shortly before his team began its World Series run.  He spent 2016 as a rehabbing free agent and landed a one-year contract with the Rockies in January of this year.  A $15MM player option for 2018 vested in that contract, which he will reportedly decline in search of a multiyear deal.  Holland was healthy in 2017 and was one of the best relievers in baseball for the first two months of the season.  He endured a brutal eight-game stretch in August before rebounding with a strong finish in his final 11 regular-season appearances.   Holland will have a market similar to that of his former setup man, Wade Davis.  Considering the fact that he’s turning down a $15MM player option, Holland is a lock to also reject a one-year, $17.4MM qualifying offer.

Signed with Cardinals for one year, $14MM.

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2017-18 MLB Free Agent Tracker

Our 2017-18 MLB Free Agent Tracker is now available!  Our tracker allows you to filter by position, team, signing status, handedness, qualifying offers, and contract years, amounts, and options.  We’ll be updating it quickly throughout the offseason.  The tracker is mobile-friendly as well, so give it a try on your phone.  Check out our 2017-18 MLB Free Agent Tracker today!

Sorting The Relievers Of The 2017-18 Free Agent Class

Earlier this week I looked at the 2017-18 crop of free agent starters and sorted the lot by a number of different useful metrics when determining and attempting to predict a pitcher’s effectiveness. There are hundreds of other metrics to explore for deeper dives into any given pitcher (or group of pitchers), and this is by no means intended to be any sort of definitive ranking of the “best” available free-agent relievers. Nonetheless, the general premise of missing bats, limiting walks and avoiding hard contact is a recipe for success on the mound.

With that in mind, I turned to Fangraphs for help once again, creating a custom list of the 49 free-agent relievers that tossed at least 20 innings out of the bullpen this season to see which of the arms in question excelled in these areas. Players like Jesse Chavez, Dillon Gee and others that both worked as a starter and a reliever in 2017 had only their relief work factored into these lists. I’ve also left off Craig Kimbrel and Jerry Blevins, as each will have his 2018 club option exercised.

Hardest Throwers (Fangraphs leaderboard)

League average = 93.7 mph

  1. Brandon Morrow: 97.7 mph average fastball
  2. Tommy Hunter: 96.3 mph
  3. Neftali Feliz: 96.2 mph
  4. Juan Nicasio: 95.4 mph
  5. Tom Wilhelmsen: 95.3 mph
  6. John Axford: 95.0 mph
  7. Jake McGee: 94.9 mph
  8. Joaquin Benoit: 94.8 mph
  9. Anthony Swarzak: 94.7 mph
  10. Fernando Rodney: 94.6 mph

Top Strikeout Arms (Fangraphs leaderboard)

League average = 23.3 K%, 8.95 K/9

  1. Joe Smith: 33.0 K%, 11.8 K/9
  2. Jesse Chavez: 32.4 K%, 12.0 K/9
  3. Wade Davis: 32.1 K%, 11.9 K/9
  4. Boone Logan: 30.8 K%, 12.0 K/9
  5. Anthony Swarzak: 30.5 K%, 10.7 K/9
  6. Brandon Morrow: 30.1 K%, 10.6 K/9
  7. Greg Holland: 29.9 K%, 11.0 K/9
  8. Pat Neshek: 29.4 K%, 10.0 K/9
  9. Tommy Hunter: 28.7 K%, 10.0 K/9
  10. Bud Norris: 28.6 K%, 11.2 K/9

Fewest Walks (Fangraphs leaderboard)

League average = 9.2 BB%, 3.54 BB/9

  1. Pat Neshek: 2.6 BB%, 0.9 BB/9
  2. Addison Reed: 4.0 BB%, 1.5 BB/9
  3. David Hernandez: 4.3 BB%, 1.5 BB/9
  4. Brandon Morrow & Joe Smith: 4.8 BB%, 1.7 BB/9 (tie)
  5. Jesse Chavez: 4.9 BB%, 1.82 BB/9
  6. Dillon Gee: 5.3 BB%, 1.93 BB/9
  7. Brandon Kintzler: 5.3 BB%, 1.91 BB/9
  8. Yusmeiro Petit: 5.4 BB%, 1.9 BB/9
  9. Seung-hwan Oh: 5.7 BB%, 2.28 BB/9
  10. Tommy Hunter: 5.8 BB%, 2.o BB/9

Highest Ground-Ball Rates (Fangraphs leaderboard)

League average = 44.3 percent

  1. Peter Moylan: 61.9 percent
  2. Bryan Shaw & Brandon Kintzler: 55.9 percent (tie)
  3. Steve Cishek: 55.5 percent
  4. Craig Stammen: 51.8 percent
  5. Fernando Rodney: 51.5 percent
  6. Matt Albers: 51.4 percent
  7. Jeanmar Gomez: 50.7 percent
  8. Dustin McGowan: 50.4 percent
  9. Luke Gregerson: 50.3 percent
  10. John Axford, Boone Logan, Joe Smith: 50.0 percent (three-way tie)

Least Hard Contact Allowed (Fangraphs leaderboard)

League average = 31.0 percent

  1. Matt Albers: 21.9 percent
  2. Steve Cishek: 22.3 percent
  3. Tony Watson: 22.9 percent
  4. Bryan Shaw: 23.3 percent
  5. Dillon Gee: 23.7 percent
  6. Pat Neshek: 24.4 percent
  7. Brandon Kintzler & Tommy Hunter: 25.5 percent (tie)
  8. Peter Moylan (26.2 percent)
  9. Joe Smith: 26.4 percent
  10. Neftali Feliz: 26.7 percent

As noted on Monday when looking at the starters, this is obviously a rather high-level look at the overall relief market, as there are myriad different means of breaking down the class. Age, handedness, target contract length, total innings pitched and injury history weren’t even factored into these quick rankings, for example, and each will factor prominently into these pitchers’ offseason negotiations.

That said, there are some perhaps under-the-radar names that continually surface when looking at these elements of a pitchers’ skill set. It’s easy for the excellent seasons for Morrow and Hunter to get lost in the shuffle, for instance, but they both fit near the top of the leaderboard in a number of categories. Albers, like each of those players, parlayed a minor league pact into a significant late-inning role and is ranked favorably here as well. Smith has quietly been a K%-BB% juggernaut this season, and Chavez has even more quietly posted terrific secondary numbers out of the bullpen despite a dismal 5.84 ERA.

Moreover, the frequent appearances of Morrow, Hunter, Swarzak, Petit, Albers, Moylan and Gee serve as a reminder that often times, less-heralded minor league signings can still pay significant dividends in free agency. Each of those players should be poised for a more favorable run in free agency this offseason than last.

Sorting The Starting Pitchers Of The 2017-18 Free Agent Class

With the playoff picture largely taking shape and the majority of clubs around the league eliminated (or virtually eliminated) from postseason play, a number of teams and fans are looking to the offseason and the 2018 campaign and envisioning how best to augment their 2018 rosters.

The 2017-18 free agent class has a stronger group of starting pitching than the 2016-17 class (though that was a low bar to clear), and while there are a limitless factors that go into evaluating pitchers and determining their worth, there are plenty of surface-level indicators that can be helpful in identifying potential upgrades. For the purposes of this post, I’ve used Fangraphs’ customizable leaderboards to make a list of all of the starters likely to hit the open market this winter (excluding those with no-brainer club options like Chris Sale and Madison Bumgarner as well as players that’ll obviously forgo opt-out clauses such as Wei-Yin Chen and Ian Kennedy). It’s not yet a given that Masahiro Tanaka will opt out of the remaining three years and $67MM on his contract, but given his strong strikeout, walk and ground-ball rates (leading to a 3.61 xFIP and 3.67 SIERA), I’ve included him on these lists as well.

Though there are dozens of ways to evaluate, here’s a look at the top arms on the market (min. 20 innings as a starter) in terms of velocity, missing bats, limiting walks and inducing favorable contact. (And thanks to the folks over at Fangraphs for being an always invaluable source of info.)

Hardest Throwers (Fangraphs leaderboard)

League average = 92.4 mph

  1. Tyler Chatwood*: 94.6 mph average fastball
  2. Yu Darvish: 94.2 mph
  3. Andrew Cashner: 93.3 mph
  4. Francisco Liriano*: 92.6 mph
  5. Yovani Gallardo: 92.3 mph
  6. Masahiro Tanaka: 92.2 mph
  7. Jake Arrieta: 92.1 mph
  8. Matt Garza**: 91.9 mph
  9. Jesse Chavez/Lance Lynn: 91.8 mph
  10. Alex Cobb: 91.7 mph

*Bullpen work for Chatwood and Liriano was not included.

**The Brewers hold a $5MM club option over Garza, which is a modest price even considering his recent struggles. It’s certainly possible that his option is exercised, which would push Jhoulys Chacin (91.4 mph) up a spot.

Top Strikeout Arms (Fangraphs leaderboard)

League average = 20.6 K%, 7.96 K/9

  1. Yu Darvish: 27.0 K%, 10.02 K/9
  2. Masahiro Tanaka: 24.6 K%, 9.40 K/9
  3. Trevor Cahill*: 24.3 K%, 9.75 K/9
  4. Jake Arrieta: 23.0 K%, 8.66 K/9
  5. Doug Fister: 21.8 K%, 8.47 K/9
  6. Anibal Sanchez: 21.4 K%, 8.59 K/9
  7. John Lackey: 20.6 K%, 7.97 K/9
  8. Ubaldo Jimenez: 20.5 K%, 8.50 K/9
  9. Jhoulys Chacin: 19.9 K%, 7.59 K/9
  10. Francisco Liriano*: 19.7 K%, 8.06 K/9

*Bullpen work from Cahill and Liriano following their respective trades to the Padres and Astros was not included.

Fewest Walks (Fangraphs leaderboard)

League average = 8.1 BB%, 3.13 BB/9

  1. Anibal Sanchez: 5.2 BB%, 2.09 BB/9
  2. Bartolo Colon: 5.5 BB%, 2.26 BB/9
  3. Masahiro Tanaka: 5.6 BB%, 2.15 BB/9
  4. Alex Cobb: 5.9 BB%, 2.21 BB/9
  5. Jeremy Hellickson: 6.8 BB%, 2.58 BB/9
  6. John Lackey: 7.2 BB%, 2.80 BB/9
  7. Jason Vargas: 7.4 BB%, 2.81 BB/9
  8. Scott Feldman: 7.4 BB%, 2.83 BB/9
  9. Ricky Nolasco: 7.6 BB%, 2.95 BB/9
  10. Jake Arrieta: 7.8 BB%, 2.94 BB/9

Best Ground-Ball Rates (Fangraphs leaderboard)

League average = 44.0 percent

  1. Tyler Chatwood: 57.1 percent
  2. Trevor Cahill: 55.4 percent
  3. Jaime Garcia: 54.8 percent
  4. Doug Fister: 51.8 percent
  5. CC Sabathia: 51.2 percent
  6. Wade Miley: 50.9 percent
  7. Masahiro Tanaka: 49.2 percent
  8. Jhoulys Chacin: 49.0 percent
  9. Andrew Cashner: 48.5 percent
  10. Alex Cobb: 47.8 percent

Least Hard Contact (Fangraphs leaderboard)

League average = 32.3 percent

  1. CC Sabathia: 27.3 percent
  2. Jhoulys Chacin: 28.3 percent
  3. Jake Arrieta: 28.9 percent
  4. Trevor Cahill**: 29.0 percent
  5. Andrew Cashner: 29.0 percent
  6. Lance Lynn: 29.1 percent
  7. Tyler Chatwood: 29.5 percent
  8. Francisco Liriano**: 30.1 percent
  9. Jaime Garcia: 30.5 percent
  10. Masahiro Tanaka: 31.3 percent

*Bullpen work from Cahill and Liriano following their respective trades to the Padres and Astros was not included.

Obviously, this is a high-level look at the starting pitching market, though it’s of some note that a few under-the-radar names continually surface in multiple categories. While pitchers like Chatwood and Chacin may not be Plan A for any club looking to bolster its rotation, they’ve somewhat quietly displayed secondary numbers that are generally more impressive than their ERA. Sanchez has had a dismal year with the Tigers thanks to a major penchant for surrendering home runs, but he’s posted a solid 16.2 K%-BB% (league average is 12.5 percent). Fister, meanwhile, has rediscovered his ability to miss bats and has his velocity back up to an average of 89.8 mph, so while his control isn’t as sharp as it once was, he could draw more interest than many would’ve initially thought when the Red Sox claimed him off release waivers from the Angels.

Forecasting The Free Agent Qualifying Offer Market

After five offseasons in existence, the qualifying offer system underwent a makeover in the latest collective bargaining agreement.  (Click here for a rundown of the new QO rules.)  It remains to be seen how teams will approach this 2.0 version of the qualifying offer, though the most obvious impact can be seen in the relatively short list of names mentioned in this post.  Several of the winter’s top free agents aren’t eligible to receive the qualifying offer due to regulations both new and old: players who have been tendered a QO in the past can no long receive another, and players still cannot be issued QOs unless they have been on a single team’s roster for a full season.  This means that Yu Darvish, J.D. Martinez, Jay Bruce, Neil Walker and other notable pending free agents who were traded in midseason deals will be able to hit the open market without any draft compensation attached to their services.

With so many notable names off the QO board, we certainly won’t see a replay of the 2015-16 offseason, when a record 20 players were issued qualifying offers.  This winter’s free agent class could, however, potentially match or even top last offseason’s number of ten qualifying offer players, depending on how a few of the “borderline” cases play out.

This winter’s qualifying offer will reportedly be worth $18MM or $18.1MM on a one-year deal, as per ESPN.com’s Buster Olney.  Teams have until 10 days after the World Series to issue these offers.  If a free agent rejects the offer, his former team becomes eligible for some form of draft pick compensation (an extra pick just prior to the third round, in most cases) if the player signs elsewhere.  Of the 64 qualifying offers issued in five previous offseasons, only five have been accepted — Colby Rasmus, Matt Wieters and Brett Anderson after the 2015 season, and Neil Walker and Jeremy Hellickson last winter.

Multiple factors can weigh into a player’s decision about whether or not to accept the QO.  If a player is dealing with some injury questions or is coming off a good but not great walk year, the player and his representatives could choose to take the one-year guarantee ($18MM is no small chunk of change, after all) and look for a better and healthier performance in 2018 to better set the player up for a big multi-year contract next winter.

Two big factors may impact this thinking, however.  The 2018-19 free agent class is loaded with superstars, so a player who takes the QO now would be entering a much more crowded marketplace next year.  Also, players no longer have to worry as much about their markets being hampered by a first-round draft pick being attached their services, thanks to the new CBA’s lesser compensatory costs for teams who sign qualifying offer free agents.  It seems likely that teams will be much more willing to give up their second- or third-highest draft picks (depending on the scenario) to sign a QO free agent than they would their first-rounder — we’ve already seen multiple examples of this willingness under the original QO rules, when some organizations added multiple pick-bound free agents in a single offseason (with each successive signing coming with a progressively less significant draft penalty).

Since we’ve seen that players will take a qualifying offer, obviously teams are prepared for such a scenario and wouldn’t issue a QO that they wouldn’t be comfortable seeing accepted.  That’s why the lesser amount of compensation (in most cases) coming back to teams that lose a QO free agent probably won’t dramatically affect a club’s decision to tender or not tender a qualifying offer to a particular player.  If anything, the lesser compensation has shown us that we could expect more trades of big free agents in future seasons, as non-contending clubs would obviously prefer to land a big return on a deadline trade than to collect merely a compensatory pick prior to the third round (in most cases) if that player rejected a QO and left for free agency. (This reasoning helps explain the Rangers’ decision to deal Darvish this summer, for example.)

With all of this preamble and explanation out of the way, let’s start making some projections about which players will receive the qualifying offer this winter.  Quite a bit can still happen (performance-wise or health-wise) over the season’s final six weeks that could influence these rankings, though let’s see how things stand at the moment…

It looks like we’ll have at least seven QO free agents this winter, with an eighth if Tanaka exercises his opt-out.  There also doesn’t appear to be much chance that any of the initial seven would accept a qualifying offer, as all are enjoying good-to-outstanding seasons that will deliver them lucrative multi-year contracts.  Both Lynn and Holland missed all of 2016 recovering from Tommy John surgery, but both have looked healthy and effective enough in their return seasons that teams shouldn’t have any immediate concerns about their injury status. Lynn’s peripherals aren’t great, while Holland has shown some cracks of late, but on balance both are on track to receive and decline a QO as things stand.

It remains to be seen if Tanaka will opt out of the three years and $67MM remaining on his contract with the Yankees, since he has a career-worst 4.86 ERA over 140 2/3 innings.  However, since he has pitched better over the last two months (3.98 ERA, 106-to-18 K/BB ratio since May 26), it seems more likely that he will indeed exercise his opt-out should this form continue through September.  Tanaka doesn’t turn 29 years old until November, so even coming off an inconsistent year, he’s still likely to command a strong multi-year deal from someone. Regardless, there isn’t a plausible scenario where Tanaka opts out but then accepts the Yankees’ qualifying offer.

Under the new compensation rules, the Yankees (as a luxury tax payer) would only get a pick after the fourth round if Tanaka rejected the QO and signed elsewhere.  The Cubs and Cardinals (as revenue-sharing contributors but not luxury tax payers) would receive a pick between Competitive Balance Round B and the third round if Arrieta, Davis or Lynn signed elsewhere.  The Royals and Rockies are both revenue-sharing recipients, so their potential compensation pick(s) for Moustakas/Cain/Hosmer/Holland would fall after the first round for any of those players that end up signing for $50MM or more in guaranteed money.

For what it’s worth, there are several star players (e.g. Jose Altuve, Madison Bumgarner, Gio Gonzalez, Ian Kinsler, Andrew McCutchen, Chris Sale) who could theoretically become free agents and receive qualifying offers if their teams declined club options on their services for 2018.  But it’s hard to imagine circumstances where that would really make sense, so we’ll assume these big names won’t be making a surprise entry into free agency.

Based on pure all-around production, Cozart would seem like a lock; only 16 players in baseball have generated more than Cozart’s 4.1 fWAR.  The longtime Reds infielder just turned 32, however, and he has battled a couple of quad injuries this season, on top of the knee injuries that hampered him in 2015-16.  There’s at least a chance that Cozart would accept the QO, as Zach Buchanan of the Cincinnati Enquirer recently outlined, due to a lack of a shortstop market and the fact that Cozart may jump at the chance to lock in an $18MM+ payday, having earned just over $12.2MM total over seven big-league seasons.  The rebuilding Reds have alternative options at short and surely aren’t keen to add $18MM in payroll. Plus, that price tag would make it harder for Cincy to trade Cozart (not to mention the fact that players who accept the QO can’t be dealt without their consent until June 15).

Cozart’s case is an interesting test run for the new free agent compensation rules.  If the original rules still applied, the Reds might be more inclined to take the risk of extending the QO since they would’ve landed a draft pick after the first round if Cozart rejected the offer and signed elsewhere.  Under the new rules, however, the Reds (a revenue-sharing recipient) can only recoup a pick after the first round if Cozart signs elsewhere for at least $50MM guaranteed.  If his next deal is less than $50MM, which is a distinct possibility given the lack of teams looking for shortstops, Cincinnati would only get the standard compensation pick prior to the third round.

After a slow start to the season, a red-hot July and August has put Santana on pace for yet another year of above-average offensive production.  He’ll be entering his age-32 season, however, and last season showed that the market for aging first base/DH types is increasingly cool.  Cleveland may not want to take the risk that Santana accepts a qualifying offer, as that could mean that the Indians would have over $36MM committed to their first base/DH mix in Santana and Edwin Encarnacion next season — not exactly ideal payroll distribution for a smaller-market club.  The lack of extension talks between the two sides could indicate that the Tribe is ready to move on from Santana.  Still, if Santana keeps raking, he could be more assured that he could find a nice multi-year offer elsewhere, and Cleveland might feel more secure that Santana would reject a QO.

Morrison got a first-hand look at last winter’s crowded market for first base bats, having to settle for a one-year, $2.5MM deal to return to Tampa Bay.  While Morrison is enjoying a career year, however, his lack of a strong track record prior to 2017 may lead to another relative lack of suitors, so he could be a candidate to accept a QO.  (It’s also relevant that left-handed sluggers such as Yonder Alonso and Lucas Duda will also be on the market, and neither will be saddled with draft compensation.) Cobb has good but not great numbers in his first full season back from Tommy John surgery, and likely also would consider taking a qualifying offer in the hopes of really re-establishing himself as a frontline starter in 2018.

Since both LoMo and Cobb could potentially accept qualifying offers, the Rays aren’t likely to issue them.  A team that only rarely edges over the $70MM payroll threshold simply can’t afford to have one (or two) players earning upwards of $18MM per season.

Castillo is posting good numbers in Baltimore and is therefore quite likely to opt out of his $7MM player option for 2018.  As always, teams will be looking for catching help this winter, and they’ll be intrigued by a backstop who offered good production against both righties and lefties this season, plus some slightly above-average pitch framing totals behind the plate in the eye of Baseball Prospectus (StatCorner, it should be noted, has a much less positive view of Castillo’s framing performance this season).  The Orioles have enough big salaries that they might not want to risk having an $18MM catcher on the books, especially with Caleb Joseph turning in a strong season and Chance Sisco nearing MLB readiness. If the season ended today, I doubt they’d issue Castillo a qualifying offer.  That said, this could be a situation to keep an eye on if Castillo keeps hitting well through season’s end.

Gomez has played well enough this season in Texas that the memories of his nightmarish Astros tenure can be fully relegated to the past, though he has been limited to 86 games, largely due to a month-long DL stint recovering from a strained hamstring.  Gomez has a 108 wRC+ and has been roughly average defensively in center field, so he could probably land a decent multi-year deal in free agency but would also have a sound case for accepting a qualifying offer.  The Rangers likely don’t want to pay Gomez $18MM for one year, though it wouldn’t be surprising to see the team pass on issuing a QO but still try to re-sign him this winter.

2017-18 MLB Free Agents

The following MLB players will be eligible for free agency following the 2017 World Series.  Numbers in parentheses are the age at which the player will play the 2018 season.

If you see any notable errors or omissions, please contact us. To see who represents these players, check out MLBTR’s Agency Database.

Updated 6-27-18

Catchers

Carlos Ruiz (39)
Geovany Soto (35)

First Basemen

Adam Lind (34)
Tyler Moore (31)
Brandon Moss (34)

Second Basemen

Shortstops

J.J. Hardy (35)

Third Basemen

Yunel Escobar (35)
Conor Gillaspie (30)
Jhonny Peralta (36)

Left Fielders

Andre Ethier (36)
Franklin Gutierrez (35)

Center Fielders

Right Fielders

Seth Smith (35)

Designated Hitters

Matt Holliday (38)
Brandon Moss (34)

Starting Pitchers

R.A. Dickey (43)
Scott Feldman (35)
Matt Garza (34)
Ubaldo Jimenez (34)
John Lackey (39)
Jeff Locke (30)
Jake Peavy (37)
Chris Smith (37)

Right-Handed Relievers

Joe Blanton (37)
Josh Collmenter (32)
Jason Grilli (41)
Chad Qualls (39)
Trevor Rosenthal (28)
Drew Storen (30)
Huston Street (34)

Left-Handed Relievers

Antonio Bastardo (32)
Eric O’Flaherty (33)

Cot’s Contracts was used in the creation of this post.