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2017-18 MLB Free Agents

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

By Mark Polishuk | November 23, 2017 at 6:55pm CDT

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)

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

By Tim Dierkes | November 9, 2017 at 10:27am CDT

Jake Arrieta, Wade 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

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2017-18 Top 50 MLB Free Agents With Predictions

By Tim Dierkes | November 2, 2017 at 11:23pm CDT

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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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11.  Alex Cobb – Twins.  Four years, $48MM.  Cobb, 30, came up through the Rays system and posted a stellar 3.21 ERA over his first 81 starts across four seasons.  The righty went down for Tommy John surgery in May 2015, returning to the Majors in September of the following year without much success.  The Cobb we saw in 2017 wasn’t quite at pre-surgery form, but he did stay healthy and posted a 3.66 ERA in a career-high 179 1/3 innings.  Cobb had a 3.07 ERA over his final 17 starts and exhibited the best control of his career.  He hasn’t been able to match his pre-surgery strikeout rate, so as with Lynn, there is concern that his ERA isn’t sustainable with the present skills.  Cobb should pair with Lynn to form the second tier of starting pitching, and their markets will likely have plenty of overlap.  A qualifying offer is a risk for the payroll-conscious Rays, but they’re reportedly leaning that way with Cobb, which seems like the right call to make.

Signed with Orioles for four years, $57MM.

12.  Carlos Santana – Indians.  Three years, $45MM.  Santana is the best first base option after Hosmer.  32 in April, the switch-hitter came up as a catcher in the Dodgers’ system and was traded to the Indians in the July 2008 Casey Blake deal.  By 2014, he was mainly a first baseman and designated hitter in Cleveland.  Santana draws tons of walks, hits for power and gets quality reviews for his glovework at first base.  He makes for a much more affordable Plan B to Hosmer and has a chance at landing four years on the open market.  If the Indians let him go, the Red Sox, Royals, Angels, Mariners, Cardinals, Astros, and Twins could be suitors.

Signed with Phillies for three years, $60MM.

13.  Zack Cozart – Padres.  Three years, $42MM.  Cozart, 32, has served as the Reds’ starting shortstop since 2012.  His defense has always graded above average at the position.  Cozart started to show a little more with the bat in 2015-16 but broke out in a huge way with walks and power this year.  The total package was worth five wins above replacement, tops among free agents.  Cozart was one of the five best shortstops in the game this year, period, despite playing only 122 games due to multiple DL stints for quad strains.  The most serious injury on Cozart’s resume came in June 2015, when he required season-ending knee surgery for a torn ligament.  Though he avoided the DL until September the following year, Cozart’s knee and other injuries limited him to 121 games in 2016.  He hasn’t played a full season since 2014.  The Reds entertained trade scenarios for Cozart over the years, nearly dealing him to the Mariners at the 2016 deadline, but were unable to find a match.  While Cozart’s play would justify a four-year deal, only a handful of teams like the Royals, Marlins, Cardinals, and Padres might be seeking a shortstop.  The Nationals could get creative and move Trea Turner to center field, or Cozart could expand his options by being open to playing second or third base.  That could add teams like the Blue Jays, Angels, and Mets to the mix.  The Reds are reportedly leaning against a $17.4MM qualifying offer for Cozart, though we’re of the general belief that it’s a risk worth taking.

Signed with Angels for three years, $38MM.

14.  Jay Bruce – Blue Jays.  Three years, $39MM.  Bruce reached the Majors at age 21 with the Reds and hit 216 home runs in nine seasons before he was traded to the Mets at last year’s deadline.  While with the Reds in 2010, Bruce signed a six-year, $51MM extension that included a club option for ’17.  The Mets exercised that club option last winter, and ended up trading Bruce to the Indians in August.  The left-handed slugger has endured ups and downs as a hitter, but he posted a 115 wRC+ with 69 home runs over the last two seasons despite a .317 OBP.  Bruce has struggled against left-handed pitching, a weakness that has been exploited by opposing managers who have forced him to face a disproportionate amount of southpaws.  Bruce has not generally been lauded for his right field defense since undergoing knee surgery a few years ago, but his metrics bounced back and were above average this year.  Bruce turns 31 in April and has a shot at a four-year deal in the Josh Reddick vicinity.  The Blue Jays, Orioles, Royals, Rockies, Cardinals, and Giants could be options if the Indians let him leave.

Signed with Mets for three years, $39MM.

15.  Logan Morrison – Red Sox.  Three years, $36MM.  Morrison broke in with the Marlins in 2010 after ranking as a consensus Top 100 prospect and looked like an above average hitter early in his career.  His bat went downhill, however, and the first baseman was traded to the Mariners in 2013, later joining the Rays as a free agent.  This year for Tampa Bay, Morrison finally broke out with 38 home runs and a 13.5% walk rate.  A left-handed batter, LoMo’s platoon issues have come and gone over the years, but he’s been fine against southpaws lately.  Morrison is only 30 years old and should be a relatively cost-effective power bat with a market similar to that of Santana.  His more limited track record and inferior (but still solid) defensive metrics caused us to rank him a bit lower, but a four-year deal isn’t out of the question.

Signed with Twins for one year, $6.5MM.

16.  Addison Reed – Cubs.  Four years, $36MM.  Reed has a chance to follow in the footsteps of Andrew Miller, Darren O’Day, and Brett Cecil to land a four-year deal as reliever who won’t necessarily serve as a closer.  Reed did rack up saves for the White Sox and Diamondbacks from 2012-14, but stood out with the Mets as a dominant setup man in 2016.  He began this season as the Mets’ stopper due to Jeurys Familia’s suspension.  A blood clot put Familia on the DL in May, and Reed regained closing duties until a July trade to Boston, where he set up Craig Kimbrel.  Over the last two years, Reed has a 2.40 ERA, 9.8 K/9, and 1.6 BB/9 in 153 2/3 innings, showing remarkable control for a reliever.  He doesn’t turn 29 until December and will be a popular target for teams unwilling to meet the demands of Wade Davis and Greg Holland.  The Cubs, Astros, Cardinals, Twins, Rangers, Braves, Rockies, and Dodgers are among the potential suitors.

Signed with Twins for two years, $16.75MM.

17.  Todd Frazier – Mets.  Three years, $33MM.  Frazier, 32 in February, is a quality option at the hot corner who won’t break the bank.  He’s been an above-average but unremarkable hitter for the White Sox and Yankees over the last two years, hitting .220/.322/.448 with 67 home runs.  Combined with mostly above-average defense at third base and a strong clubhouse reputation, Frazier is a quietly valuable player.  He’s the cheaper alternative to Mike Moustakas and could fit with the Mets, Royals, Angels, Braves, Cardinals, or Yankees.

Signed with Mets for two years, $17MM.

18.  Mike Minor – Dodgers.  Four years, $28MM.  Minor came up through the Braves’ system and had several strong years as a starting pitcher.  He started experiencing shoulder problems in 2014, eventually having surgery in May 2015.  The Braves chose to non-tender him, leading to a two-year, $7.25MM deal with the Royals in February 2016.  Minor’s shoulder would not cooperate, and the lefty was not able to make it back to a big league mound in 2016, ultimately returning this year as a reliever.  The Royals brought him along carefully and were rewarded with a dominant season in relief: a 2.55 ERA, 10.2 K/9, and 2.5 BB/9 in 77 2/3 innings.  He should be a popular target as a late-inning reliever who can go more than one inning.  The three-year deals given to Mike Dunn and Tony Sipp could serve as a baseline, while enough competition could force something closer to Brett Cecil’s four-year deal.  Minor could also get escalators for starting, though he’d leave too much money on the table by requiring a return to his old role.  Frankly, given the always-high level of demand for shutdown left-handed relievers, the number of teams interested in Minor should outweigh the number of teams that don’t have interest.

Signed with Rangers for three years, $28MM.

19.  Brandon Morrow – Rockies.  Three years, $24MM.  Morrow followed an interesting path to becoming Kenley Jansen’s wingman for the Dodgers in the World Series.  Drafted fifth overall by the Mariners in 2006, the hard-throwing righty and Type 1 diabetic skipped the minors and spent his Mariners career being almost comically jerked in and out of late inning relief and starting roles, battling injuries along the way.  Then the Blue Jays traded for him and committed to a starting role, eventually buying out a free agent year and getting mixed results and a ton of time missed due to injuries from 2010-14.  Morrow later landed with the Padres on a cheap free agent deal, making only five starts before a shoulder injury ended his season.  Coming off shoulder surgery, he took a minor league deal to stay with the Padres in 2016.  That was followed by a minor league deal with the Dodgers in January 2017, along with a full commitment to a relief role.  Morrow didn’t get up with the Dodgers for good until late June.  He wound up posting a 2.06 ERA, 10.3 K/9, and 1.9 BB/9 with no home runs allowed in 43 2/3 innings, with that excellence continuing into the postseason.  The Dodgers rode him hard, using Morrow in all seven World Series games.  As Andrew Stoeten wrote for Vice Sports, Morrow is easy to root for after all he’s been through.  Though a three-year deal might not seem rational for a pitcher with Morrow’s injury history, it wasn’t for Ryan Madson either.  We expect that to be the cost of doing business to acquire Morrow and his 98 mile per hour heater.

Signed with Cubs for two years, $21MM.

20.  Jonathan Lucroy – Rockies.  Two years, $24MM.  Lucroy, a 31-year-old catcher, has fallen far from the talk of a $100MM free agent deal.  He still has a shot at three years, but a terrible start to the season with the Rangers killed much of his value.  Lucroy spent many years as one of the game’s best-hitting catchers and one of the best pitch framers.  Unfortunately, he dropped from 24 home runs last year to just six this year, and his framing numbers plummeted as well.  Lucroy’s bat did bounce back somewhat in 46 games with the Rockies after a trade.  One big issue is that there aren’t many teams seeking a catcher this winter.  The Rockies would like to retain Lucroy but may not face much competition.  The Diamondbacks, Athletics, and White Sox are plausible fits on paper as well.  Lucroy may be well-served with a deal similar to Matt Wieters, with a player option for the second year.

Signed with Athletics for one year, $6.5MM.

21.  CC Sabathia – Yankees.  Two years, $24MM.  Sabathia is in the twilight of what could become a Hall of Fame career.  Now 37, the big lefty has five top-five Cy Young finishes.  He had a monster peak from 2006-12, winning the Cy Young award in ’07.  The Yankees signed him to a record seven-year, $161MM deal in December 2008, later adding a year plus a vesting option to make it nine years in the Bronx.  Sabathia posted a 3.81 ERA over 57 starts in the last two seasons, though his peripheral stats have moved in the wrong direction.  He’d like to stay with the Yankees, which could mean settling for a one-year deal despite the possibility of two elsewhere.  The Angels could be a good Plan B for Sabathia.

Re-signed with Yankees for one year, $10MM.

22.  Yonder Alonso – Angels.  Two years, $22MM.  Alonso was drafted by the Reds in 2008, who traded him to the Padres as a major part of the 2011 Mat Latos trade.  He was an underpowered first baseman for his entire Padres career, failing to reach 10 home runs in a season.  A trade to Oakland didn’t change much initially, but this spring Alonso began a concerted effort to hit the ball hard in the air.  He mashed for about two months, hitting .291/.391/.657 with 14 home runs in 156 plate appearances.  Since June, though, Alonso hit .256/.353/.435 with 14 home runs in 365 plate appearances.  Still a decent hitter, but not a star.  Alonso struggles against left-handed pitching, and was kept in a strict platoon after an August trade to Seattle.  Set to turn 31 in April, Alonso had a strong 2017 season overall but may be greeted with skepticism in a crowded first-base market.  Still, he presents a potential bargain if he settles in as a 120 wRC+ guy, which is what Eric Hosmer has been over the last three years.

Signed with Indians for two years, $16MM.

23.  Carlos Gomez – Royals.  Two years, $22MM.  Gomez was a superstar for the 2013-14 Brewers.  After that he battled injuries and tanked after a 2015 trade to Houston.  He’s since become useful again, hitting .262/.345/.481 in his 556 plate appearances with the Rangers.  Gomez is able to play an average center field as he approaches his 32nd birthday, but he continues to have trouble with injuries.  He can still help a team like the Royals, Mariners, Orioles, Blue Jays, Indians, Athletics, or Giants.

Signed with Rays for one year, $4MM.

24.  Juan Nicasio – Twins.  Three years, $21MM.  Nicasio never had much success as a starter with the Rockies.  After a stop with the Dodgers, the Pirates signed Nicasio as a free agent, and the righty earned a rotation spot with a dominant spring in 2016.  He pitched his way back into the bullpen that summer and remained with the Pirates for ’17 as an arbitration eligible player.  Nicasio did strong work through 65 games, but was then surprisingly put on outright waivers in August in a penny-pinching move by the Bucs.  The Phillies grabbed him, dealing him to the Cardinals in a rare September trade a week later.  Nicasio wound up serving as the Cardinals’ closer, despite ineligibility for the playoffs had the Cards made it.  It was an odd series of transactions for Nicasio, who has discussed a contract with the Cardinals.  The 31-year-old posted a 2.61 ERA, 9.0 K/9, and 2.5 BB/9 on the season overall and might be able to snag a three-year deal on the open market.

Signed with Mariners for two years, $17MM.

25.  Bryan Shaw – Red Sox.  Three years, $21MM.  Shaw has been a mainstay in the Indians’ bullpen since joining them as a piece in the 2012 Shin-Soo Choo three-way trade.  From 2013-17, no one has appeared in more MLB games than Shaw’s 442.  He’s never been on the disabled list.  Shaw doesn’t have amazing control or a dominant strikeout rate, but he’s never posted an ERA above this year’s 3.52.  He’ll turn 30 in November and figures to seek a three-year deal.

Signed with Rockies for three years, $27MM.

26.  Michael Brantley – White Sox.  Two years, $20MM.  There’s a decent chance the Indians will exercise their $12MM club option on Brantley, but we’re including him here in case they don’t.  Brantley has been with the Indians since coming up in 2009, peaking with a 2014 campaign that earned him third place in the AL MVP voting.  He endured shoulder surgery in November 2015 and played only 11 games in ’16.  He bounced back with a healthy All-Star first half in 2017 but ended up missing over two months with an ankle injury.  Brantley had ankle surgery in late October and has a 4-5 month expected recovery period.  While Brantley should be able to get more than the $12MM option price on the open market, the Indians still have to decide whether they want to allocate that money to Brantley right now — a potentially tough call for a team with a tight budget.  If he does reach the open market, he could try for a player option on a second year.  The White Sox, Tigers, Blue Jays, Twins, and Mariners are a few speculative suitors.

Indians exercised $12MM club option.

27.  Andrew Cashner – Athletics.  Two years, $20MM.  Cashner may be best known as the guy the Cubs traded to get Anthony Rizzo in 2012.  The 31-year-old has long had a tantalizing arm, though his average fastball velocity has dipped to the 93 mph range.  He’s battled myriad injuries in his career but received a one-year, $10MM deal from the Rangers based on his upside.  Cashner began the year on the DL with a shoulder injury, starting his Rangers career on April 15th.  He had another DL stint in June with an oblique strain, but still managed to make 28 starts for just the second time in his career.  Like fellow free agent starters Lynn, Cobb, and Jhoulys Chacin, Cashner pitched worse than his 3.40 ERA would suggest.  At 4.6 per nine, he had the second-lowest strikeout rate of all qualified starting pitchers.  Plus, he gave out ample free passes with a 3.5 BB/9 mark.  The “upside” tag may be slipping away as Cashner becomes a back of the rotation pitcher, but he will still have appeal to multiple teams.

Signed with Orioles for two years, $16MM.

28.  Neil Walker – Brewers.  Two years, $20MM.  A year ago, Walker chose to accept the hefty $17.2MM salary that came with the Mets’ qualifying offer rather than hit the market with a draft pick cost attached.  He then engaged in multiyear extension talks with the Mets, but nothing came to fruition.  This summer, the second baseman missed over a month with a hamstring injury and was traded to the Brewers in August.  Walker continued his career-long run as an above-average hitter in 2017.  However, the 32-year-old has averaged 112 games over the last two years and may be hard-pressed to find a three-year deal in free agency.  There aren’t a ton of teams seeking a second baseman, with the Angels, Blue Jays, Mets and perhaps Red Sox as possibilities if the Brewers don’t bring Walker back.

Signed with Yankees for one year, $4MM.

29.  Tyler Chatwood – Phillies.  Three years, $20MM.  About six years ago, Chatwood was traded by the Angels to the Rockies straight up for catcher Chris Iannetta.  He posted a decent 2013 season for Colorado, but went down with Tommy John surgery in July of 2014.  After missing all of 2015, Chatwood posted his best season with 27 starts of 3.87 ERA ball in 2016.  This year, he went down with a calf strain in July and spent time in the bullpen before returning to the Rockies’ rotation.  On the surface, Chatwood is a low-strikeout pitcher with a walk problem.  However, he’ll be just 28 in December, brandishes a 58% groundball rate, and averaged nearly 95 miles per hour on his fastball this year.  Outside of Colorado, he could become an interesting pitcher.

Signed with Cubs for three years, $38MM.

30.  Jake McGee – Cubs.  Three years, $18MM.  McGee, a 31-year-old southpaw reliever, was utterly dominant for several years with the Rays.  He was dealt to Colorado in the January 2016 Corey Dickerson deal.  McGee scuffled in his first year in Colorado but bounced back with a 3.61 ERA, 9.1 K/9, and 2.5 BB/9 in 57 1/3 innings this year with a fastball averaging almost 95 miles per hour.  He had Tommy John surgery before he reached the Majors, in 2008.  McGee later had arthroscopic elbow surgery in December 2014 and knee surgery the following year.  He hasn’t dealt with any arm injuries in recent years and will be popular with teams seeking left-handed relief.  A three-year deal is possible, if not likely.

Re-signed with Rockies for three years, $27MM.

31.  Jaime Garcia – Royals.  Two years, $16MM.  Garcia, a 31-year-old southpaw, can fill some innings at the back of a team’s rotation.  He was traded twice within a week’s time this summer, tallying a 4.41 ERA, 7.4 K/9, and 3.7 BB/9 in 157 innings for the Braves, Twins, and Yankees.  Garcia is a longtime Cardinal who had a nice run earlier in his career but missed significant time due to injuries, including thoracic outlet syndrome surgery, in 2012-15.  His poor finish with the Yankees won’t help his cause, but he’s a left-handed groundball machine who won’t turn 32 until next July.

Signed with Blue Jays for one year, $10MM.

32.  Alex Avila – Yankees.  Two years, $16MM.  Avila is the son of Tigers GM Al Avila.  Alex spent the first seven years of his big league career with the Tigers, then played one year for the White Sox before returning to Detroit.  The Cubs acquired him via trade this summer, and he served as Willson Contreras’ backup.  Avila has shown an excellent bat at times, including this year as well as his banner 2011 season.  He managed only 124 games from 2015-16 due to injury, but was able to avoid the DL this year.  It’s eye-opening to see that among players with 300 plate appearances in 2017, the only one who posted a higher hard-contact rate than Avila’s 48.7 percent was former teammate J.D. Martinez. Avila, 31 in January, will likely join fellow catcher Welington Castillo in seeking a multiyear deal and regular playing time.

Signed with Diamondbacks for two years, $8.5MM.

33.  Jhoulys Chacin – Reds.  Two years, $14MM.  Chacin admirably ate up 180 innings for the Padres after they signed him to a $1.75MM deal in December.  While Chacin posted a 3.89 ERA in 32 starts, he also had the game’s third-worst walk rate and led all of baseball in hit-by-pitches.  Chacin had success earlier in his career with the Rockies with his high-wire act of a high walk rate and low strikeout rate and can attempt the same at the back of someone’s rotation in 2018.

Signed with Brewers for two years, $15.5MM.

34.  Welington Castillo – Athletics.  Two years, $14MM.  Castillo came up through the Cubs’ system and finally got his chance at age 25 in 2012 when the team traded Geovany Soto.  He served as the Cubs’ starter from 2013-14 but was marginalized the following winter when the club acquired Miguel Montero and David Ross.  Castillo was shipped to Seattle in May 2015, and then on to Arizona a few weeks later.  He spent 2016 as the Diamondbacks’ starting catcher before first-year GM Mike Hazen surprisingly non-tendered Castillo.  Castillo signed a new contract with the Orioles that included a $7MM player option for 2018, which we expect him to decline in search of a two or three-year deal.  He’s been an above average hitter at times, including this year with 20 home runs in just 365 plate appearances.  Castillo has also battled injuries and has never exceeded 113 games played or 956 innings caught in a season.  He’s shown to be a below-average pitch framer, but improved in that regard this year while also pacing all of MLB with a 49% caught-stealing rate.  He can definitely help a team behind the plate but may have to settle for a timeshare given the lack of teams looking for a starting catcher.

Signed with White Sox for two years, $15MM.

35.  Eduardo Nunez – Blue Jays.  Two years, $14MM.  Nunez has long served as a multi-position bench piece, backing up big names for the Yankees for the first four years of his career.  The Twins picked him up in 2014, and he worked his way into regular playing time in 2016.  That earned a summer trade to the Giants, where he settled in at third base and played a career-high 141 games.  The Giants shipped him to Boston last July, where he got most of his playing time at second base.  Nunez carries a reputation as a subpar defender, possibly because he’s never been allowed to settle in at one position.  He’s also proven fairly injury-prone, with DL stints nearly every year.  Still, he’s a useful super-utility player who has hit .296/.332/.443 in his past 1,290 PAs.  The 30-year-old should be able to find a two or even three-year deal.

Signed with Red Sox for two years, $8MM (second year is a player option).

36.  Anthony Swarzak – Brewers.  Two years, $14MM.  Swarzak had some previous success in his big league career, including a solid 2013 campaign as the Twins’ long man.  He bounced around after five seasons in Minnesota, landing a minor league deal with the White Sox last January.  The righty surprisingly dominated for the White Sox and Brewers, with a 2.33 ERA, 10.6 K/9, and 2.6 BB/9 in 77 1/3 innings.  He’s set up to land the first multiyear deal of his career, with three years a possibility.

Signed with Mets for two years, $14MM.

37.  Steve Cishek – Rangers.  Two years, $14MM.  Cishek came of age as the Marlins’ closer in 2012-14 before being traded to the Cardinals in July 2015.  The Cards non-tendered him in light of a rising arbitration salary, leading to a two-year, $10MM deal with Seattle.  He had hip surgery a year ago, delaying his 2017 debut until mid-May.  Cishek did quality work for the Mariners before being traded to the Rays this summer.  He was lights-out with Tampa Bay, allowing just three runs in 24 2/3 innings.

Signed with Cubs for two years, $13MM.

38.  Brandon Kintzler – Nationals.  Two years, $14MM.  Kintzler might have the best story of any player on this list, with a journey from working at a Cold Stone Creamery to closing for a Major League team.  The 33-year-old has found success through pitching to contact, which isn’t always the best formula for a late-inning reliever.  Still, he’s gotten the job done for a couple of years now and should find a multiyear deal.

Re-signed with Nationals for two years, $10MM.

39.  Jon Jay – Rangers.  Two years, $14MM.  Jay did a fine job as a semi-regular for the Cubs, playing all three outfield positions and posting a .296/.374/.375 line.  He’s a left-handed batter who doesn’t carry a platoon split but also has just five home runs in 1,052 plate appearances over the past three seasons.  Jay is an eight-year veteran with 67 games of postseason experience, including a ring with the Cardinals in 2011.

Signed with Royals for one year, $3MM.

40.  Carlos Gonzalez – Orioles.  One year, $12MM.  Gonzalez, 32, played nine years with the Rockies.  He hit 211 home runs, finished third in the MVP voting in 2010, made three All-Star teams, and won three Gold Gloves.  CarGo is an accomplished former star, and he’s managed to shake some of his injury-prone reputation by playing 439 games over the last three years.  As recently as 2015-16, he was still an above average hitter, but this year he dipped to .262/.339/.423 in 534 plate appearances (good for an 87 wRC+).  Gonzalez is unable to hit left-handed pitching, and he’s been much worse away from Coors Field.  Over the past three years on the road against right-handed pitching, Gonzalez has hit .271/.338/.454 with a 108 wRC+, which seems like a good baseline for what he might be able to do for a new team.

Re-signed with Rockies for one year, $5MM.

41.  Tommy Hunter – Braves.  Two years, $12MM.  Hunter hopes to follow in the footsteps of Joaquin Benoit and Fernando Rodney, who resurrected their careers with the Rays and found lucrative free agent contracts.  Hunter, 31, employed a 96 mile per hour fastball to put up a 2.61 ERA, 9.8 K/9, and 2.1 BB/9 in 58 2/3 innings, unlocking a strikeout ability he did not previously possess in nine seasons for the Rangers, Orioles, Cubs, and Indians.

Signed with Phillies for two years, $18MM.

42.  Jarrod Dyson – Pirates.  Two years, $12MM.  The speedy Dyson served as a part-time center fielder for the Royals for seven seasons before they traded him to the Mariners for Nate Karns in January this year.  Just with baserunning and defense, Dyson can be a two-win player, as he was in 111 games for the Mariners this year.  He’ll require a platoon partner (career .215/.293/.259 against lefties) but can bring plenty of value to a team as a fourth outfielder or a platoon option at any outfield spot.

Signed with Diamondbacks for two years, $7.5MM.

43.  Pat Neshek – Mariners.  Two years, $12MM.  Neshek, a veteran sidearming righty reliever, was the Phillies’ lone All-Star representative this summer before they traded him to the Rockies.  The 37-year-old dominated to the tune of a 1.59 ERA, 10.0 K/9, and 0.9 BB/9 in 62 1/3 innings this year.  Though he’s not always a great choice against left-handed batters, Neshek kept them at bay this year.

Signed with Phillies for two years, $16.25MM.

44.  Tony Watson – Blue Jays.  Two years, $12MM.  Watson, a 32-year-old lefty, is behind only Bryan Shaw in total games pitched from 2012-17.  He spent his entire career with the Pirates before being traded to the Dodgers this year at the deadline.  Since his rookie season, Watson has never posted an ERA over 3.38, despite middling peripheral stats.  Though he hasn’t always been used as such, Watson is best deployed as a left-handed specialist.

Signed with Giants for three years, $9MM.

45.  Howie Kendrick – Giants.  Two years, $12MM.  Kendrick spent the first nine years of his career as the Angels’ second baseman, putting up steady value with peaks in 2011 and ’14.  After a few years with the Dodgers, he spent this season as a quality bench piece for the Phillies and Nationals.  Kendrick can play around the infield as well as in left field, making the 34-year-old a popular part-time target.  He’s somewhat similar to Steve Pearce last offseason, but with less power, greater defensive versatility, and better health.

Re-signed with Nationals for two years, $7MM.

46.  Jason Vargas – Orioles.  One year, $10MM.  Vargas, a veteran lefty starter, signed a four-year, $32MM deal with the Royals in November 2013.  He managed only 12 starts from 2015-16 due to Tommy John surgery.  After the first three months of the 2017 season, Vargas’ ERA sat at an unexpected 2.22 after 101 1/3 innings.  The correction was brutal after that, as Vargas posted a 6.66 ERA over his final 16 starts.  Vargas turns 35 in February, and between his age and rough finish, he might struggle to find a two-year deal despite decent overall numbers.

Signed with Mets for two years, $16MM.

47.  Chris Tillman – Tigers.  One year, $10MM.  Tillman was a key piece (alongside Adam Jones) received by the Orioles in the 2008 trade that sent Erik Bedard to the Mariners.  However, he wasn’t able to crack the Orioles’ rotation for good until 2013, when he was out of minor league options.  He made the All-Star team that year and racked up 128 starts for the club from 2013-16.  Shoulder issues from late 2016 lingered into this year, and he didn’t pitch for the big league club until May 7th.  Tillman went on to post an 8.15 ERA over 15 starts, getting clobbered for 102 hits (including 16 home runs) and 34 walks in 66 2/3 innings.  He was moved to the bullpen for the first time in his career in August, though he later made some additional starts.  To say 2017 was a lost year for Tillman would be an understatement.  However, he doesn’t turn 30 until April, and he had more than four years of big league success as a starter.  Assuming a clean bill of health, Tillman could be an interesting reclamation project for a new team, though he’s also been linked to a reunion with the O’s.

Re-signed with Orioles for one year, $3MM.

48.  Lucas Duda – Mariners.  One year, $6MM.  Duda, 32 in February, spent his entire career with the Mets before being traded to the Rays last July.  He’s a powerful first baseman/designated hitter, with at least 27 home runs in three of the last four seasons.  However, he has struggled mightily against left-handed pitching outside of the 2015 season.  Duda missed several weeks with an elbow injury this year, and was limited to 47 games last year due to a stress fracture in his lower back.

Signed with Royals for one year, $3.5MM.

49.  Michael Pineda – Rays.  Two years, $6MM.  Earlier this year, Pineda looked like a potential top ten free agent despite his continued problems allowing home runs.  However, he went down for Tommy John surgery in July, and likely won’t be much of a factor in 2018.  Pineda, just 29 in January, put up big strikeout rates and strong control in his Yankees career and makes for a nice upside play if he’s willing to sign a two-year deal.

Signed with Twins for two years, $10MM.

50.  Miles Mikolas – Padres.  Two years, $10MM.  There’s a decent chance that this reading is the first you’ve ever heard Mikolas’ name.  The 29-year-old righty struggled through parts of three seasons with the Padres and Rangers earlier in his career, unable to capitalize on the promise he showed in the upper minors.  Mikolas’ strong control and the quality results in Triple-A piqued the interest of Japan’s Yomiuri Giants, and he went on to spend three seasons dominating hitters in the second-best professional league on the planet.  Mikolas posted a 2.18 ERA through 424 1/3 innings in Japan, and averaged a ridiculous 9.0 K/9 against 1.1 BB/9 in his final season there.  It’s difficult to gauge exactly what type of contract he can command, but the righty’s terrific results there should lead to Major League offers as clubs hope to catch lightning in a bottle to fill out the back half of their rotations.

Signed with Cardinals for two years, $15.5MM.

Honorable mentions:

  • Cameron Maybin – signed with Marlins for one year, $3.25MM.
  • John Lackey
  • Jose Bautista
  • Brandon Phillips
  • Jeremy Hellickson – signed with Nationals on minor league deal.
  • Curtis Granderson – signed with Blue Jays for one year, $5MM.
  • Wade Miley – signed with Brewers on minor league deal.
  • Mitch Moreland – re-signed with Red Sox for two years, $13MM.
  • Mark Reynolds
  • Joe Smith – signed with Astros for two years, $15MM.
  • Melky Cabrera
  • Miguel Gonzalez – re-signed with White Sox for one year, $4.75MM.
  • Fernando Rodney – signed with Twins for one year, $4.5MM.

Notable deals for unlisted players:

  • Luke Gregerson – signed with Cardinals for two years, $11MM.
  • Yusmeiro Petit – signed with Athletics for two years, $10MM.
  • Drew Smyly – signed with Cubs for two years, $10MM.

A list of the most intriguing free agents of the offseason would feel incomplete without Japanese sensation Shohei Otani. The 23-year-old has established himself as one of the most dominant arms in the recent history of NPB and remarkably as one of the top sluggers in Japan as well.  Were Otani eligible to sign a Major League contract this winter, he’d be at the top of this list — well ahead of Darvish and the $160MM at which we project Otani’s countryman.  That’s not the case for Otani, so we’ve chosen not to rank him but will still explore his free agency here.

Due to his age, Otani is still considered an amateur under Major League Baseball’s collective bargaining agreement, meaning he’s subject to international bonus pools.  In short, he’ll have to sign a minor league contract with an absolute maximum signing bonus of $10,062,500.  Not all teams are even capable of offering that amount; Major League Baseball allots bonus pools ranging from $4.75MM to $5.75MM (dependent on market size and revenue sharing) and allows teams to trade for up to 75 percent of their initial bonus pool.  A team could only offer that theoretical maximum if it received the top-level allotment, traded for the maximum amount possible and chose not to sign any other additional international amateurs.  No team has done so.  Furthermore, 12 teams are capped at $300K due to exceeding their bonus pools previously.

If he does indeed become available, which is now in question, Otani will be able to negotiate with any MLB team.  According to Joel Sherman of the New York Post, the current issue is that Otani’s NPB team, the Nippon Ham Fighters, wants the pitcher grandfathered into a now-expired system that allowed MLB teams to pay up to $20MM for the right to sign the player.  MLB would allow that exception, but the MLB players’ union has taken issue with the idea of the Fighters receiving so much more than Otani.

There’s widespread speculation that if Otani comes to MLB now and leaves hundreds of millions of dollars on the table, he may not necessarily sign with the highest bidder.  His free agency will be surrounded by intrigue, and it’s possible all 30 teams will make an effort to woo a potentially generational talent.  Otani may prefer to sign with an American League club so that he can serve as a designated hitter on some of the days that he is not scheduled to pitch, but at this juncture it’s extraordinarily difficult to project where he might land, given the unprecedented nature of his free agency.  We’re of the genuine belief that all 30 teams will make some effort to sign Otani, and the limited amount for which he can sign creates a truly wide-open playing field.

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2017-18 MLB Free Agent Power Rankings 2017-18 MLB Free Agents MLBTR Originals Newsstand

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2017-18 MLB Free Agent Tracker

By Tim Dierkes | November 2, 2017 at 2:06pm CDT

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!

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2017-18 MLB Free Agents Newsstand

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Sorting The Relievers Of The 2017-18 Free Agent Class

By Steve Adams | September 29, 2017 at 11:44am CDT

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.

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

By Steve Adams | September 25, 2017 at 1:30pm CDT

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.

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Forecasting The Free Agent Qualifying Offer Market

By Mark Polishuk | August 23, 2017 at 7:55am CDT

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…

  • The Easy Calls: Jake Arrieta, Lorenzo Cain, Wade Davis, Greg Holland (player option), Eric Hosmer, Lance Lynn, Mike Moustakas, Masahiro Tanaka (opt-out clause)

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.

  • Borderline Cases: Zack Cozart, Carlos Santana

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.

  • Probably Not: Welington Castillo, Alex Cobb, Carlos Gomez, Logan Morrison

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.

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2017-18 MLB Free Agents

By Steve Adams and Tim Dierkes | August 10, 2016 at 10:42am CDT

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.

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