Looking For A Match In A Manuel Margot Trade

With the Rays facing a projected payroll that’s nearly 50% higher than their current franchise-record, they’re widely expected to make several deals in order to scale back their spending. That’s not to say Tampa Bay is embarking on any sort of rebuild, as machinations of this nature are the norm for a Rays club that regularly churns the top end of its roster and cashes in veteran players for controllable young talent. Among the early trade candidates on the Rays’ roster this offseason, is outfielder Manuel Margot — as discussed here yesterday. MLB.com’s Jon Morosi adds that Tampa Bay has discussed the 29-year-old with multiple teams within the past two weeks.

Margot isn’t coming off a great year and is slated to earn $10MM in 2024 before he reaches free agency next winter. As such, it’s only natural that he’s among the names the Rays are peddling as they look to retool the roster, scale back payroll and simultaneously remain competitive. The Rays have Josh Lowe, Jose Siri, Randy Arozarena and several utility types who can handle both the infield and outfield. The possibility of trading Margot and bringing in a backup outfielder (via trade or free agency) at a lower salary point remains.

Margot’s .264/.310/.376 batting line in 336 plate appearances this past season is right in line with the .264/.317/.375 line he’s posted in four total seasons as a member of the Rays. It checked in a bit below average, albeit not egregiously so.

Had Margot enjoyed a season of his typical defensive excellence in ’23, that offensive output would’ve made him an above-average all-around contributor. But Margot missed the bulk of the 2022 season with a significant strain of the patellar tendon in his right knee, and his usual strong (at times elite) defensive grades slipped closer to average. Statcast noted that Margot’s range and sprint speed both declined in 2023, which perhaps isn’t all that surprising for a player coming off a major knee injury. The question for potential trade partners is whether Margot can be expected to rebound to his previous defensive heights or whether this is the new norm moving forward.

Clubs will likely have varying opinions on that front, though Margot’s overall track record ought to carry some appeal. That’s especially true in a thin free-agent market for outfielders. Not every team will want to pursue a nine-figure deal with Cody Bellinger, and some teams might well be turned off by the possibility of overcommitting to Kevin Kiermaier on the heels of a strong season. Free agent Harrison Bader offers a similar skill set to Margot and had a better year defensively but lesser year at the plate. Michael A. Taylor has an excellent glove and more pop than Margot but much higher strikeout rates and lower on-base marks.

Given the thin market for proven outfield help, Margot ought to command interest on the trade market — even if the return isn’t enormous. Let’s run through a few potential fits, excluding his AL East rivals. These certainly aren’t the only possible destinations, but any of the following teams make sense as a candidate to target a short-term, versatile option in the outfield:

• Marlins: Newly minted president of baseball operations Peter Bendix was the Rays’ general manager before being hired by Miami. The Marlins have been on the lookout for a center fielder for the past several years but have struggled to fill the void — so much so that the Fish moved shortstop Jazz Chisholm Jr. to center field last year. Miami could line up on a trade bringing Margot aboard to handle center field, thus moving Chisholm back to the infield. The Marlins don’t have an obvious everyday shortstop at present, and the market for quality options at that position is even more barren than in the outfield.
• Giants: President of baseball operations Farhan Zaidi has spoken openly about his desire to add some more athleticism and range to his outfield. Even with Margot’s step back in 2023, he still had above-average range and sprint speed. He’d be an upgrade, defensively speaking, over much of the San Francisco outfield mix even if he never fully rediscovers his once-elite range. Margot would allow the Giants to give Luis Matos some extra time in Triple-A after rushing to the Majors as a 21-year-old in 2023. And if Matos eventually forces his way onto the scene, Margot could join Austin Slater and Mitch Haniger as right-handed complements to lefty outfielders like Mike Yastrzemski and Michael Conforto.
• D-backs: Arizona’s excellent young outfield was a major factor in their unexpected run to the 2023 World Series, but with Lourdes Gurriel Jr. hitting the market, the Snakes are once again looking at an all-left-handed mix of Corbin Carroll, Alek Thomas, Jake McCarthy and Dominic Fletcher. Margot gives them a right-handed option to provide manager Torey Lovullo with some matchup options.
• Phillies: The Phils currently look as though they’ll give former top prospect Cristian Pache, who’s out of minor league options, another look as a reserve outfielder. Last year’s .238/.319/.417 slash in 95 plate appearances was better than anything Pache has ever done in the big leagues (career .173/.230/.273). Maybe they’ve unlocked something in his offensive profile, but Margot would be more reliable at the plate while still providing a potential righty complement to Brandon Marsh and a late-game defensive upgrade over Nick Castellanos.
• Mariners: The Mariners and Rays have lined up on approximately six thousand trades since Jerry Dipoto was hired to oversee baseball operations for Seattle, and with a pair of young lefties (Jarred Kelenic, Cade Marlowe) currently slated to patrol the outfield corners in 2024, there’s another potential fit here. Margot would be a younger (and slightly more expensive) veteran to fill the same role the M’s tried for with AJ Pollock in 2023. Perhaps the M’s feel in-house options like Sam Haggerty and/or Dylan Moore can capably handle this role, but Haggerty has never topped 201 plate appearances in a big league seasons, while Moore battled injuries in 2023 and saw an already problematic strikeout rate spike to 34%.
• Rockies: Brenton Doyle was an elite defender in his debut season but also one of the least-productive hitters in MLB. Nolan Jones, a converted infielder, is the Rockies’ most established outfielder at the moment. Margot could be acquired at a relatively low cost and plugged in as a semi-regular in an outfield that lacks much in the way of certainty. It’s plenty arguable that the Rox shouldn’t be trading anything to acquire short-term pieces like Margot, but they’ve staunchly resisted a rebuild for several years and will probably try to bolster the roster to some extent again this winter.
• Angels: Mickey Moniak’s breakout season came with massive platoon splits, and Margot would serve as a natural right-handed pairing with the former No. 1 overall pick while providing an alternative in center, should Mike Trout again spend time on the injured list. The Angels have Jo Adell as a potential right-handed complement in the outfield, but Margot is a superior defender who might be better served for such a part-time role.
• Rangers: Leody Taveras struggled in the second half of the 2023 season, and impressive as Evan Carter was in his late debut and throughout the postseason, he still has all of 147 plate appearances against Major League pitching at just 21 years of age. Margot would give Texas a true fourth outfielder — something they currently lack — in addition to insurance for Carter regression, continued struggles for Taveras or another injury for star right fielder Adolis Garcia.
• Twins: It might be simpler for the Twins to simply re-sign Taylor, although peak Margot has a better glove and about half the strikeout rate of the Twins’ departing free-agent outfielder. Minnesota is trying to scale back payroll, making this an imperfect fit unless the Rays are interested in taking back some money to fill a need of their own (e.g. Christian Vazquez). Money aside, Margot would offer a natural complement to young lefty outfielders Matt Wallner and Trevor Larnach while also giving the Twins a capable reserve in center, should Byron Buxton miss time yet again.