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2022-23 MLB Free Agents

Forecasting The 2022-23 Qualifying Offers: Pitchers

By Mark Polishuk | August 14, 2022 at 10:15am CDT

Yesterday, we took a look at the pending free agent position players who could be candidates to receive a qualifying offer this winter.  Now, let’s turn our attention to what free agent pitchers might be in line for a QO, with the caveat that players can only receive one qualifying offer in their careers, and a player must spend the entire 2022 season with his team to be eligible.

Easy Calls: Chris Bassitt (Mets), Jacob deGrom (Mets), Edwin Diaz (Mets), Nathan Eovaldi (Red Sox), Carlos Rodon (Giants)

DeGrom has already said that he is opting out of the final guaranteed season of his contract, leaving $30.5MM on the table in 2023 to seek out a longer-term pact.  Rodon is also sure to opt out of the final year (and $22.5MM) of his two-year contact with San Francisco, as Rodon earned his opt-out by triggering a vesting option at the 110-innings threshold.

Even with Eovaldi’s injury history, retaining him for one year at roughly $19MM seems like a pretty good outcome for the Red Sox, particularly given all the other question marks in Boston’s rotation.  So there’s little risk for the Sox in issuing Eovaldi a QO, though it would seem like Eovaldi will probably reject it.

Face-of-the-Franchise Veterans: Clayton Kershaw (Dodgers), Adam Wainwright (Cardinals)

With Kershaw considering retirement last winter, the Dodgers opted against issuing him a qualifying offer as a free agent, as a nod towards giving the longtime ace all the time he needed to make a decision on his future.  It stands to reason that the Dodgers will take the same path this winter, unless Kershaw gives them advance notice of his plans for 2023….though in that scenario, the two sides might just work out an extension before free agency even officially opens.

The same could be true of Wainwright, who has signed one-year contracts to rejoin the Cardinals in each of the last four offseasons.  In three of those cases, Wainwright inked his new deal either just after the start of the free agent period or before it altogether, so it’s safe to assume the two sides will work out a new pact without the QO coming into play.  Of course, this assumes that Wainwright will come back for an 18th Major League season, but even as his 41st birthday approaches, the right-hander is still going strong.

Easy Contract-Option Calls: Carlos Carrasco (Mets), Sonny Gray (Twins), Aaron Nola (Phillies)

These starters could be free agents if their club options are declined, and thus are technically qualifying-offer candidates.  However, the trio are all virtual locks to have their options exercised, and their respective options are all worth less than the projected cost of the qualifying offer.

Borderline Cases: Tyler Anderson (Dodgers), Mike Clevinger (Padres), Zach Eflin (Phillies), Sean Manaea (Padres), Martin Perez (Rangers), Jameson Taillon (Yankees), Taijuan Walker (Mets)

Walker is yet another Mets entry on this list, as he is very likely to decline his $6MM player option for 2023 and instead take a $3MM buyout into free agency.  Advanced metrics paint a less-flattering picture of Walker’s performance than his bottom-line numbers, and he has battled both injury and consistency problems over his career, though Walker has been relatively healthy in his two seasons in New York.  It would seem likely that the Mets will issue Walker a QO, and 2022 has been enough of a platform year for the righty that he will probably turn the qualifying offer down.

The Padres are another team with multiple QO candidates, as while Joe Musgrove was kept off the open market with a $100MM extension, Manaea and Clevinger remain.  Due in part to two particularly disastrous outings against the Dodgers, Manaea’s ERA is an ungainly 4.76 over 119 innings.  Clevinger has a solid 3.47 ERA in his return from Tommy John surgery, but that is only over 70 innings, due to both his TJ rehab as well as a triceps strain and a week on the COVID-related IL.

Right now, Manaea and Clevinger could possibly be candidates to accept a qualifying offer, if they don’t feel they have enough of a platform to maximize their free agent market.  Solid performances over the final month and a half of the season would make it an easier decision for either pitcher to reject a QO, and easier for the Padres to decide whether or not to issue the offers.  San Diego could be facing a third consecutive year of luxury-tax overage in 2023, especially if Manaea and/or Clevinger are on the books for a $19MM-ish salary.

Eflin is another player who needs to post some solid numbers down the stretch, but first and foremost, the Philadelphia right-hander just needs to get healthy.  Eflin has been on the IL since late June due to a kneecap bruise, and his continued knee soreness is a red flag for a pitcher who has undergone multiple knee surgeries in the past.  When healthy, Eflin has been a quietly solid pitcher for the Phillies over the last five seasons, yet his lingering knee problems are certainly a concern.  There is the interesting wrinkle of a $15MM mutual option between Eflin and the Phils for 2023, and while mutual options are rarely exercised by both parties, this could be a rare situation where it would make sense for both the player and the team.  Paying $15MM for Eflin would also represent some risk for the Phillies, but it would be less than the value of a qualifying offer.

After a great start to the season, Taillon’s numbers have come back to earth a bit, with a 3.95 ERA over 120 2/3 innings.  A below-average strikeout pitcher, Taillon has relied on excellent control and spin rates on his fastball and curve to limit damage, and he also doesn’t allow too much hard contact.  Perhaps most importantly given Taillon’s injury history, he has been healthy in 2022, which should make offseason suitors more open to giving him a longer-term contract.  For now, it seems probable that the Yankees would issue Taillon a QO rather than let him potentially walk away for nothing in free agency.

The idea of Anderson or Perez as QO candidates would’ve seemed quite farfetched heading into the season, yet the two veteran left-handers are each enjoying career years that resulted in All-Star appearances.  Their underwhelming career histories could prevent the Dodgers and Rangers from issuing qualifying offers, since either pitcher would likely take the big payday, and $19MM is a lot to invest in basically one season of evidence (even for a Dodgers team that is comfortable blowing past luxury tax thresholds).

However, it would certainly make sense for either club to pursue re-signings, even if a qualifying offer isn’t involved.  The Rangers have already been vocal about their desire to retain Perez, so it is quite possible he signs an extension before even hitting the open market.

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2022-23 MLB Free Agents MLBTR Originals Aaron Nola Adam Wainwright Carlos Carrasco Carlos Rodon Chris Bassitt Clayton Kershaw Edwin Diaz Jacob deGrom Jameson Taillon Martin Perez Mike Clevinger Nathan Eovaldi Sean Manaea Sonny Gray Taijuan Walker Tyler Anderson Zach Eflin

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Forecasting The 2022-23 Qualifying Offers: Position Players

By Mark Polishuk | August 13, 2022 at 10:55pm CDT

The qualifying offer has impacted the free agent market for the last 10 offseasons, but it wasn’t clear if there would be an eleventh as Major League Baseball and the MLB Players Association engaged in labor talks last winter.  When the lockout was over and the new collective bargaining agreement was finally settled, one sticking point remained — the implementation of an international player draft.  If the union agreed to this draft, the league would have agreed to scrap the qualifying offer system altogether.

However, July’s deadline for a decision on an international draft came and went without any new agreement, and thus the status quo of the QO will remain for the 2022-23 free agent class.  As such, we can now look ahead and predict which players will or could receive qualifying offers from their teams at the end of the season.

A quick refresher on the QO rules.  The qualifying offer is a one-year contract with a salary figure determined by averaging the top 125 salaries of all MLB players.  Last year’s figure was $18.4MM, and it’s safe to estimate that this winter’s QO will be worth somewhere in the range of $18-19MM.  Any free agent is eligible to be issued a qualifying offer unless a) they have received one in past trips to free agency, or b) they haven’t spent the entire 2022 season with their current organization.  For instance, the Padres can’t issue Josh Bell a qualifying offer because Bell was only acquired at the trade deadline.

If a player accepts the qualifying offer, he returns to his current team on that one-year deal in the $18MM-$19MM range.  (The player can also negotiate a longer-term extension with his team after accepting that QO, as Jose Abreu did with the White Sox in November 2019.)  While some free agents have indeed taken the qualifying offer, the large majority reject the deal in search of a richer and lengthier contract.  If a player rejects a QO and signs elsewhere, their new team must give up at least one draft pick and possibly some international draft pool money, while their former team will get a compensatory draft pick in return.

With several prominent names in this year’s free agent market eligible for the QO, let’s look at some of the candidates, starting with position players.

Easy Calls: Nolan Arenado (Cardinals), Xander Bogaerts (Red Sox), Willson Contreras (Cubs), Aaron Judge (Yankees), Brandon Nimmo (Mets), Dansby Swanson (Braves), Trea Turner (Dodgers)

There isn’t much drama in any of these decisions, as these players are all obvious candidates to be issued qualifying offers that will be rejected.  Nimmo is perhaps the only name on this list that rates as a bit of a surprise, yet he has quietly posted strong numbers over his seven seasons in New York, including a quality 2022 campaign.  Most importantly, Nimmo has also stayed healthy, playing in 104 of the Mets’ 113 games — this is already the second-most games played for Nimmo in any season of what has been an injury-plagued career.

Arenado and Bogaerts aren’t guaranteed to be free agents, as either could pass on exercising opt-out clauses in their current deals.  However, Bogaerts is a virtual lock to opt out, and Arenado is having such a great season that he should be able to comfortably top the $144MM he is owed through from 2023-27.  Since Arenado has been vocal about how much he likes playing for the Cardinals, an extension is certainly possible before Arenado even hits the open market, with the Cards perhaps tacking another guaranteed year and more money onto the deal to prevent the third baseman from opting out.

Easy Contract-Option Calls: Tim Anderson (White Sox)

The White Sox hold club options on Anderson’s services for both the 2023 and 2024 seasons, with next year’s option being worth $12.5MM (with a $1MM buyout).  Though he could technically be a free agent, there is zero doubt the Sox will exercise Anderson’s 2023 option, so a qualifying offer is a moot point.

Borderline Cases: Mitch Haniger (Mariners), J.D. Martinez (Red Sox), Jurickson Profar (Padres), Anthony Rizzo (Yankees)

Rizzo’s two-year, $32MM free agent deal with the Yankees includes an opt-out clause after this season, and it would seem like the first baseman (who just turned 33 earlier this week) will indeed test the open market again.  Rizzo’s first full season in the Bronx has seen him hit .224/.342/.504 with 27 home runs, with the fifth-best wRC+ (139) of his distinguished career.  Rizzo’s age, home/road splits, and first base-only status will limit his market to some extent, and draft-pick compensation via the qualifying offer will also make other teams wary.  But, Rizzo was still able to land a multi-year pact last winter coming off a lesser platform year, so he should be able to match or better that pact again.  Rizzo has quickly become a clubhouse and fan favorite in New York, so this could be another situation where a player is convinced to pass on an opt-out due to a contract extension.

Haniger has appeared in only 15 games this season, due to both a high ankle sprain that required a trip to the 60-day injured list, as well as a two-week stint on the COVID-related injury list in April.  He has been on a tear since returning to action last week, but if his numbers settle down, then it seems likely that Seattle won’t issue a qualifying offer.  However, if Haniger continues to mash over the remainder of the season and returns to his 2021 form, the Mariners face an interesting decision.

A late-season hot streak could do enough for Haniger’s market that he might reject a qualifying offer, as since Haniger turns 32 in December, this could be his best shot at a lucrative multi-year deal.  On the flip side, he could still choose to accept the QO, knowing that his checkered injury history could work against him in free agency — Haniger can bank the one-year QO payday and then hope for a full and healthy 2023 season as a better platform for that longer-term deal.  From the Mariners’ perspective, paying around $19MM for Haniger could be seen as a worthwhile investment, especially since the team doesn’t know what to expect from Kyle Lewis and Jarred Kelenic heading into 2023.

Martinez turns 35 on August 21 and is still posting above-average (120 wRC+) numbers, hitting .281/.346/.443 with nine home runs over 422 plate appearances.  That still represents a significant power dropoff from Martinez’s norms, and he has been a DH-only player this season.  Even with the looming threat of losing Bogaerts from the Red Sox lineup, Boston might still pass on issuing a QO to Martinez out a concern that he might accept, since chief baseball officer Chaim Bloom seems to be looking for more flexibility with both the roster and the payroll.

Profar is another less-likely candidate to receive a qualifying offer, even if he is also playing well.  Between good offensive (119 wRC+, 12 homers, .254/.345/.416 over 467 PA) and defensive (+5 Defensive Runs Saved, +1.8 UZR/150 in left field) numbers, Profar has been a 2.8 fWAR player in 107 games with San Diego this season, a nice bounce-back from an underwhelming 2021.  With a player option attached to his 2023 services, Profar can either earn $7.5MM next season or take the $1MM buyout and test the open market.

At the very least, it would seem like Profar will indeed opt out and try to secure a longer-term contract, but it would seem like a reach if the Padres issued a qualifying offer.  Profar will only be 30 on Opening Day, so he could accept the QO to lock in that one-year payday, and then be on track to test the market again at age 31.  Considering the Padres might exceed the luxury tax threshold for the second straight year and will face a lot of free agent decisions this winter, they probably won’t want to risk Profar being bumped into the $19MM salary range.  Profar could be another extension candidate, given president of baseball operations A.J. Preller’s belief in Profar’s ability dating back to their days in the Rangers organization.

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2022-23 MLB Free Agents MLBTR Originals Aaron Judge Anthony Rizzo Brandon Nimmo Dansby Swanson J.D. Martinez Jurickson Profar Mitch Haniger Nolan Arenado Tim Anderson Trea Turner Willson Contreras Xander Bogaerts

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