In conjunction with their offseason outlook, Anthony Franco held a Diamondbacks-centric chat. Click here to view the transcript.
Archives for 2023
Qualifying Offer To Be $20.325MM For 2023-24 Offseason
The qualifying offer value is going to be $20.325MM for this offseason, reports Jon Heyman of The New York Post. It had been previously reported that it would land “around” $20.5MM but it seems the final number will be a smidge lower.
The value of the QO is calculated by averaging the salaries of the 125 highest-paid players in the league each year. As the season ends, a player reaching for free agency is eligible for a qualifying offer if they spent the entire season with just one team and have never received a QO before. If the player declines and signs elsewhere, the signing club is subject to draft pick forfeiture as well as a possible reduction of their international bonus pool. The player’s previous club receives draft pick compensation.
The value of the QO generally goes up as salaries rise. Here are the values of the past dozen QOs:
- 2012-13: $13.3MM
- 2013-14: $14.4MM
- 2014-15: $15.3MM
- 2015-16: $15.8MM
- 2016-17: $17.2MM
- 2017-18: $17.4MM
- 2018-19: $17.9MM
- 2019-20: $17.8MM
- 2020-21: $18.9MM
- 2021-22: $18.4MM
- 2022-23: $19.65MM
- 2023-24: $20.325MM
14 players received qualifying offers last offseason. Joc Pederson and Martín Pérez accepted. The other 12 players declined, though Aaron Judge, Anthony Rizzo and Brandon Nimmo subsequently ended up re-signing with their previous team.
MLBTR recently took a look at the pitchers and position players that could potentially receive QOs this year, though it has since been reported that Lourdes Gurriel Jr. is not eligible to receive one. Clubs have until 4:00 pm Central on November 6 to decide whether or not to extend the QO to eligible players. Players who receive the QO will have until 3:00 pm Central on November 14 to decide whether or not to accept.
Nationals Decline Club Option For Victor Robles
The Nationals announced that they have declined their 2024 club option on Victor Robles. The outfielder is not a free agent as he has less than six years of service time and the club could decide to tender him an arbitration contract for next year.
Robles, now 26, avoided arbitration with the Nats last offseason. He agreed to a salary of $2.325MM while granting the club a 2024 option valued at $3.3MM. He spent most of 2023 on the injured list due to back spasms, only getting into 36 games.
After a mostly lost season, it’s understandable that the Nats didn’t want to pick up that option and give him a raise of almost $1MM. But he remains on the roster and could be retained for 2024 via arbitration. The projections from MLBTR contributor Matt Swartz pegged Robles at $2.7MM for next year, making it possible the Nats could keep Robles but at a lesser price point than the option they declined today. The non-tender deadline is November 17, so the Nats have a couple of weeks to decide if they want to keep Robles for another year, work out a trade or non-tender him.
Though he was once considered one of the top prospects in the league, he hasn’t yet established himself at the major league level. His speed and defense give him a solid floor but he has hit just .238/.312/.360 in 1,801 plate appearances at the major league level dating back to 2017.
Latest On Mets’ Managerial Search
The Mets are one of several teams looking for a new manager, with Buck Showalter having been fired last month. Jon Heyman of the New York Post reports that Craig Counsell, seen as some as the favorite for the gig, is heading to New York today with an interview to take place in the coming days. Meanwhile, Andy Martino of SNY reports the club is narrowing the field and will make a hire within the week, with Carlos Mendoza and Athletics’ manager Mark Kotsay also in the mix with Counsell. Martino adds that Astros’ bench coach Joe Espada did not interview for the Mets.
The fit with Counsell has been speculated upon for quite some time. David Stearns was general manager and president of baseball operations with the Brewers for many years, overlapping with Counsell’s time as skipper in Milwaukee. Stearns was recently hired by the Mets for the POBO job with that club and one of his first actions was to fire Showalter, immediately causing many to assume that Counsell would follow Stearns to Queens.
Counsell was under contract with the Brewers through the end of October but the Mets received permission to interview him last week. It seems that interview has still not officially taken place, though Martino reports that he did speak to the club on the phone. He has also interviewed with the Guardians and has attracted the interest of the Astros. While a return to Milwaukee could still be possible, it seems Counsell is being thorough in assessing his options.
Mendoza’s involvement in the search has previously been reported but Kotsay is a new entry. He is currently the manager of the A’s, having been hired to be the bench boss of that club prior to the 2022 campaign. The club has been terrible in that time but that could hardly be blamed on the skipper since the A’s have been aggressively rebuilding, trading away just about every established big league player making a notable salary.
If the Mets are seriously interested in Kotsay, they may have to work out an arrangement with the A’s. Oakland let Bob Melvin jump to the Padres prior to hiring Kotsay, not asking the Padres for any compensation in return. It was speculated that the A’s were happy to let Melvin walk to save on his salary, which was reported to be about $4MM per year. It’s unknown how much Kotsay is making but it’s presumably less than that. Whether the A’s would have any reluctance to letting their manager jump ship this time is unknown.
Espada has been the bench coach in Houston since 2018 and has been connected to various managerial openings since then. He has yet to move on from that gig and it’s unclear if the lack of interview with the Mets was a decision of his or of the Mets. The Astros have their own managerial vacancy with Dusty Baker stepping down and Espada has been floated as a possible fit for that job, though it doesn’t seem as though that club is in a hurry to fill that vacancy.
Lourdes Gurriel Jr. Ineligible For Qualifying Offer
With the World Series now over, clubs have five days to decide whether or not to issue qualifying offers to eligible players. The Diamondbacks were thought to be facing a decision on outfielder Lourdes Gurriel Jr. but Nick Piecoro of the Arizona Republic reports that Gurriel’s current contract prohibits him from receiving a QO.
Normally, players are eligible for a qualifying offer at the end of a season if they spent that entire campaign with just one club and have not previously received a QO. That made Gurriel a borderline candidate to receive a QO, which is set to be around $20.5MM this year. But today’s news indicates that won’t be on the table after all.
Players coming to the majors from foreign leagues often have stipulations in their contracts that allows them to circumvent the rules that typically apply to other players. One of the more common clauses is that players coming from Cuba or Asia can become free agents when the contract expires, even if they are shy of the standard six years of service time normally required to automatically hit the open market. It appears Gurriel’s contract also has a clause preventing him from being saddled with a qualifying offer.
Now 30, Gurriel played in Cuba from 2010 to 2016 but defected with his brother Yuli Gurriel before signing a seven-year, $22MM deal with the Blue Jays. He spent all of 2017 in the minors and had optional assignments in 2018 and 2019 as well. That meant that he accrued between five and six years of service time over the seven years of that deal, but the language in the contract allowed him to qualify for free agency regardless.
Prior to the final year of the deal, the Jays traded him and catching prospect Gabriel Moreno to the Diamondbacks for outfielder Daulton Varsho. Gurriel had a solid season for the Snakes, hitting 24 home runs and slashing .261/.309/.463 for a wRC+ of 106. The reviews on his left field glovework were mixed, with Defensive Runs Saved giving him an excellent +14 while Outs Above Average had a more modest +1. That led to a tally of 3.0 wins above replacement from Baseball Reference and 2.1 from FanGraphs.
It would have been an interesting call for the Diamondbacks whether to issue a QO or not. A salary of $20.5MM for a solid but not elite everyday player is arguably an overpay, especially for a club that’s not a huge spender, but it wouldn’t have been egregious. That’s a moot point now as his contract won’t allow them to consider the QO at all.
This revelation benefits Gurriel, as receiving a qualifying offer usually harms a player’s earning power in free agency. Signing a player who rejects a QO means the signing club is subject to draft pick forfeiture and, in some cases, a reduction of their international bonus pool limit. Gurriel may have been able to enter free agency without a QO regardless but it’s now apparent that the language of his contract guarantees it. He is now free agent and will be one of the better bats available in a position player market headlined by Shohei Ohtani, Cody Bellinger, Teoscar Hernández, Matt Chapman and Jeimer Candelario.
The 2023-24 Offseason Begins
The 2023 Major League Baseball season concluded last night when the Rangers defeated the Diamondbacks. As Texas celebrates, the baseball world will now go into offseason mode. Free agency begins today for all players that qualify, though there is a five-day period where they cannot sign with a new club. They are eligible to sign with their previous club, however, such as Joe Jiménez signing with Atlanta earlier today.
We at MLB Trade Rumors have been getting prepared in recent weeks, publishing our annual arbitration projections from Matt Swartz in early October. We’ve also previewed the upcoming free agent class one position at a time and taken a team-by-team look at the winter ahead in our Offseason Outlook series. We’ve also looked at some non-tender candidates and potential qualifying offer recipients.
Here are the key dates to keep in mind for the winter ahead…
NOVEMBER 2: Free agency begins for eligible players. This means they are removed from the roster of the club they finished 2023 with. As mentioned up top, they are able to re-sign with that club but can’t sign with a new team for five days. Trades of players on the 40-man roster are now permitted again for the first time since the trade deadline.
NOVEMBER 5: Gold Glove winners announced.
NOVEMBER 6: After the five-day waiting period, free agents will be eligible to sign with any club. This is also the deadline for decisions on club options, player options, opt-outs and mutual options. It is also the deadline for clubs to decide whether or not to issue qualifying offers to eligible players, with that deadline at 4:00 pm Central specifically.
NOVEMBER 7-9: General managers meeting in Scottsdale, Arizona.
NOVEMBER 13-16: BBWAA Awards week. The Rookie of the Year winners will be announced on the first date of this stretch, followed by Manager of the Year winners, Cy Young Award winners and Most Valuable Player winners. Under the current collective bargaining agreement, the results of the voting can potentially impact the service time of a young player or award draft picks to certain teams.
NOVEMBER 14: Players who received a qualifying offer have until this date at 3:00 pm Central to assess the market before deciding whether or not to accept it. The QO changes annually since it is an average of the top 125 contracts in the league. This year’s QO is expected to land around $20.5MM. A player is only eligible to receive a QO if they spent the entire 2023 season with just one club and have not received one before. Teams that sign a player who rejected a qualifying offer will be subject to draft pick forfeiture and perhaps a loss of international bonus pool money, while the player’s previous club receives draft pick compensation.
NOVEMBER 14: Rule 5 protection deadline. Teams have until this date to add players to their 40-man roster in order to protect them from being selected in the Rule 5 draft.
NOVEMBER 14-16: Owners meetings in Arlington, Texas. The owners are set to vote on the Athletics’ planned move from Oakland to Las Vegas at this year’s meetings.
NOVEMBER 17: The non-tender deadline. By this date, teams have to decide whether or not to tender a contract to arbitration-eligible players. They don’t have to agree to a salary, merely whether to keep the player on the roster or not. Players that are non-tendered become free agents without being exposed to waivers.
DECEMBER 3-6: Winter Meetings in Nashville, Tennessee. This is often a key period in the offseason, with many marquee free agent signings and notable trades happening in or around the meetings.
DECEMBER 5: Amateur draft lottery. To discourage tanking, the new CBA introduced a lottery system to determine the order of the amateur draft. Last year, the first lottery resulted in the Pirates securing the first overall pick, which they later used on right-hander Paul Skenes in July.
DECEMBER 6: The Rule 5 draft. Teams with open 40-man roster spots are able to select eligible players from other clubs. A selected player cannot be optioned to the minors by the new club and needs to stay on the roster all year long or else be offered back to the original club.
DECEMBER 15: International signing period closes.
JANUARY 12: Deadline for teams and arbitration-eligible players to submit salary figures for 2024. Arbitration hearings will begin to take place at the end of January, though teams and players can agree to a salary at any point before a hearing takes place. However, many teams adopt the “file and trial” tactic, meaning that they’ll automatically opt to go to a hearing with any player who doesn’t agree to a salary by this date, with no further discussion about an arbitration-avoiding deal.
JANUARY 15: New international signing period opens. Most of the top international prospects will sign right away, often having made handshake deals years prior.
FEBRUARY 13: Voluntary Spring Training reporting date for pitchers, catchers and injured players.
FEBRUARY 18: Voluntary Spring Training reporting date for other players.
MARCH 20-21: Dodgers and Padres begin regular season with two games in Seoul, South Korea.
MARCH 28: Opening Day for all other teams. Active rosters reduced to 26 players.
Offseason Outlook: Arizona Diamondbacks
The Diamondbacks overcame a midseason slump to play their way into the National League’s final playoff spot. They followed up an 84-78 regular season showing with a surprising run. That ended in disappointing fashion, as the Snakes dropped a five-game World Series to the Rangers. They’re now on to the offseason as they take their first steps in trying to get back to the Fall Classic.
Guaranteed Contracts
- Corbin Carroll, LF: $105MM through 2030 (including buyout of ’31 club option)
- Ketel Marte, 2B: $62MM through 2027 (including buyout of ’28 club option)
- Merrill Kelly, RHP: $9MM through 2024 (including buyout of ’25 club option)
- Miguel Castro, RHP: $5MM through 2024*
- Scott McGough, RHP: $3.75MM through 2024 (including buyout of ’25 mutual option)
- Jace Peterson, 3B: $3MM through 2024 (A’s paying down $2MM of Peterson’s $5MM salary)
* Castro’s vesting option is conditional on passing end-of-season physical
Option Decisions
- Team and RHP Mark Melancon hold $5MM mutual option ($2MM buyout)
Additional Financial Commitments
- Owe $14MM to released LHP Madison Bumgarner
- Owe $300K to released RHP Zach Davies
2024 financial commitments: $51.3MM
Total future commitments: $204.05MM
Arbitration-Eligible Players (projected salaries via MLBTR contributor Matt Swartz)
- Christian Walker (5.124): $12.7MM
- Paul Sewald (5.072): $7.3MM
- Austin Adams (4.150): $1.1MM
- Zac Gallen (4.100): $10.9MM
- Ryan Thompson (3.095): $1.3MM
- Kyle Lewis (3.067): $1.61MM
- Kevin Ginkel (3.032): $1.4MM
- Joe Mantiply (3.029): $1MM
Non-tender candidates: Adams, Lewis, Mantiply
Free Agents
Arizona faces a couple immediate questions with the turnaround to the offseason. They’ll make the easy decision to buy out their end of a $5MM mutual option on Mark Melancon, who missed the entire season after a Spring Training shoulder strain. He’ll collect a $2MM buyout to conclude a free agent deal that didn’t work out.
There’s another question the front office will need to decide as it sets its offseason agenda: whether they’ll try to retain Lourdes Gurriel Jr. on a multi-year contract. The righty-hitting left fielder had a strong season in the desert. The third piece in the Daulton Varsho/Gabriel Moreno trade, Gurriel turned in a .261/.309/.463 batting line with a career-high 24 home runs over 592 plate appearances. He paired that with an elite +14 Defensive Runs Saved in 778 left field innings, although Statcast’s defensive metric pegged him closer to league average.
Baseball Reference pegged his contributions around three wins above replacement, while he typically falls in the 2-3 WAR range. He’s a solid everyday left fielder and could find a three- or four-year deal. The D-Backs opened the 2023 campaign with a player payroll around $116MM — the #21 figure in the majors, according to Cot’s Baseball Contracts. If they don’t want to meet Gurriel’s asking price, they’ll likely look for external corner outfield help. Deadline acquisition Tommy Pham is also headed to free agency.
Arizona likely has two outfield spots secured. Corbin Carroll turned in a Rookie of the Year season in the first year of his eight-year extension. He’s a true franchise building block. Alek Thomas had a mediocre regular season offensively, reaching base at a meager .273 clip. He hit well in October and brings plus center field defense (error in last night’s game notwithstanding) and baserunning to the table. Between his secondary skills and strong prospect reputation, he’ll probably get the first look in center field.
The rest of the outfield is uncertain. Jake McCarthy had a disappointing follow-up to his surprisingly strong rookie year. While Dominic Fletcher hit well in a limited sample, he’s a 26-year-old with 28 major league games under his belt. Neither former 7th overall pick Pavin Smith nor 2020 AL Rookie of the Year Kyle Lewis made much of an impact. They could each be let go. Jorge Barrosa is on the 40-man roster but has yet to make his MLB debut.
Arizona isn’t going to be in the Cody Bellinger mix. Any other free agent outfielder could fit within their payroll window. Including projected salaries for their group of arbitration-eligible players, the Snakes have around $86MM in commitments for next year. That leaves around $30MM before reaching this past season’s Opening Day mark. They’re around $50MM shy of the franchise’s approximate $131MM record. While they’re six years removed from that level, it stands to reason they could push near or past those heights after hosting seven playoff games and with a goal of backing up this year’s success.
Aside from Bellinger, the top free agent outfielder is Teoscar Hernández. He could require draft pick forfeiture as a potential qualifying offer recipient and might land a four-year deal. Gurriel, Jorge Soler and KBO star Jung Hoo Lee are among the next tier down. On the trade front, players like Alex Verdugo (projected $9.2MM salary), Max Kepler ($10MM) and Anthony Santander (projected at $12.7MM) may be available as rental options.
Arizona has a strong infield in place. Christian Walker is an underrated contributor at first base. A $12.7MM projection for his final year of arbitration isn’t insignificant, but there’s enough payroll room that the D-Backs can accommodate it to retain a Gold Glove defender with 35-homer potential. Ketel Marte had another great season at second base.
The left side of the infield is a little less settled, though it’s not for lack of options. Arizona released longtime shortstop Nick Ahmed in September, a move made in tandem with the promotion of top prospect Jordan Lawlar. The latter didn’t get much action in the postseason, with Arizona relying on a collection of Geraldo Perdomo, Emmanuel Rivera and Evan Longoria between shortstop and third base.
Perdomo’s offense fell off in the second half, but he had an All-Star first couple months and a strong postseason. Neither Rivera nor Jace Peterson offer much offensively. Longoria is a free agent, while Lawlar only has 32 games above Double-A.
There’s enough uncertainty at third base that the front office could add a veteran. Perhaps that’s a reunion with Longoria should he continue playing. Justin Turner is likely to decline a player option with the Red Sox. While he’s not an everyday third baseman at this stage of his career, he could see some action there while logging the bulk of the designated hitter reps.
If Lawlar takes the third base job (or plays shortstop, pushing Perdomo to the hot corner), a Longoria or Turner type could move fully to DH. Old friend J.D. Martinez obviously isn’t an option at third base, but he’s a possibility if the Snakes are content to bring in a DH-only bat to replace the offense with Gurriel, Longoria and Pham hitting free agency.
Arizona has one of the best young catchers in the game with Moreno under club control through 2028. Bringing in a low-cost backup who pushes José Herrera down the depth chart is a possibility. Tucker Barnhart, Martín Maldonado and Eric Haase are free agents.
While there are a few questions on the position player side, the biggest issue for the front office is filling the back of the rotation. Zac Gallen and Merrill Kelly make for a strong top two. Brandon Pfaadt had a tough regular season as a rookie before an impressive run in the playoffs. Neither Ryne Nelson nor Tommy Henry (the latter of whom missed the second half with an elbow injury) has established himself as more than a depth starter. Slade Cecconi has made only four MLB starts.
Adding one or two pitchers to fill out the rotation should be the top priority for GM Mike Hazen and his staff. The D-Backs aren’t likely to meet a potential $200MM+ asking price on Blake Snell or NPB ace Yoshinobu Yamamoto. There’s enough spending room they could be a factor on anyone else in the class, although a run at Aaron Nola or Jordan Montgomery would require easily their biggest investment since their surprising $206.5MM strike for Zack Greinke eight years ago.
Sonny Gray and Eduardo Rodriguez could be available for similar outlays to the $85MM guarantee the Snakes awarded Madison Bumgarner in 2019. Seth Lugo, Michael Wacha, Mike Clevinger and Michael Lorenzen (a reported deadline target of Arizona’s this past summer) are among the middle tier veterans. Lucas Giolito is a volatile option after a rough second half, while Frankie Montas and Luis Severino are pure rebound candidates.
On the trade front, Shane Bieber, Nick Pivetta and Adrian Houser could be on the move as they’re a year from free agency. Cal Quantrill, José Urquidy (with whom pitching coach Brent Strom is familiar from his time with the Astros) and Spencer Turnbull are multi-year trade possibilities.
In recent offseasons, the bullpen has been a focus for Arizona. While that might not be as strong a priority after the deadline acquisition of Paul Sewald, there’s still room to deepen the setup corps. Kevin Ginkel has emerged as a quality eighth inning arm. Andrew Saalfrank flashed impressive stuff as a rookie. Miguel Castro, Scott McGough and Kyle Nelson have middle relief spots but are coming off middling seasons. That’s also true of 2022 All-Star Joe Mantiply, who dropped behind Saalfrank as the top lefty option in the playoffs.
It’s hard to envision Arizona making a serious push for Josh Hader given their needs on the rotation front. Reynaldo López and Jordan Hicks are free agent setup types who’ll command multi-year deals. If the D-Backs want to bring in a left-hander, Matt Moore and Wandy Peralta are among the options.
Aside from supplementary acquisitions, the D-Backs could devote some of their long-term payroll room to extension negotiations. Arizona holds two more seasons of arbitration control on Gallen, who is on track to hit free agency before his age-30 campaign. He’d surely beat the five years and $64.5MM that Kyle Freeland received in the same service class. Logan Webb landed a five-year, $90MM guarantee in an extension with the Giants that went into effect beginning in his 4-5 service year, setting a potential benchmark for Gallen’s camp.
Moreno is the other top extension possibility. He has more MLB success than Keibert Ruiz did when he inked an eight-year, $50MM deal with the Nationals in the same service bracket. It’s possible a guarantee in that range that only buys out two or three free agent years — as opposed to the potential five seasons covered by the Ruiz extension — is mutually agreeable.
While it remains to be seen if the Snakes can get a long-term deal done with any of their players, one extension seems quite likely to be hammered out. USA Today’s Bob Nightengale wrote last month the D-Backs were likely to award an extension to manager Torey Lovullo. Arizona already signed Hazen through 2028. A similar term for the seventh-year skipper — who is currently under contract through next season — could be on the docket.
This year didn’t conclude with the championship that everyone in the Chase Field offices was seeking. Their relatively surprising playoff performance reinforced that they’ve moved into a win-now window. They’ll face challenges from their bigger-spending competitors in the NL West. The D-Backs are no longer upstarts. Beginning today, they set out to prove they have staying power.
Note: The original version of this post listed Lourdes Gurriel as a qualifying offer candidate. Nick Piecoro of the Arizona Republic reports that Gurriel is ineligible to receive the QO under the terms of his contract.
In conjunction with this post, Anthony Franco held a Diamondbacks-specific chat on 11-2-23. Click here to view the transcript.
Braves Sign Joe Jiménez To Three-Year Deal
The Braves announced today that they have signed right-hander Joe Jiménez to a three-year, $26MM deal. The righty was about to become a free agent but will stick with Atlanta instead. The client of ISE Baseball will make $8MM in 2024 and then $9MM in each of the two subsequent seasons.
Jiménez, 29 in January, spent his entire career with the Tigers until he was traded to Atlanta coming into the 2023 season. He ended up having a strong campaign, making 59 appearances with an earned run average of 3.04. He struck out 30.7% of batters faced while issuing walks at just a 5.9% clip. He wasn’t used in the most high-leverage spots, earning just 13 holds and no saves on the year. He also appeared in just one of Atlanta’s postseason contests, but the results for the year were impressive nonetheless.
The decision makers in Atlanta are clearly enamored with Jiménez, having parted with prospects Justyn-Henry Malloy and Jake Higginbotham in order to get him from Detroit last offseason. That was on the heels of a strong 2022 season wherein he made 62 appearances with a 3.49 ERA, 33.3% strikeout rate and 5.6% walk rate. When combined with his one season in Atlanta, he has a 3.27 ERA over 121 appearances in the past two years, striking out 32% of opponents in the process. He’s now been able to parlay that two-year run of strong results into a solid three-year deal.
The contract is generally in line with those for other non-closer relievers in recent years. Rafael Montero got three years and $34.5MM from the Astros, Taylor Rogers three years and $33MM from the Giants, while Kendall Graveman got three years and $24MM from the White Sox.
Atlanta was set to lose a decent chunk of its bullpen to free agency, with Jiménez, Pierce Johnson and Jesse Chavez slated to hit the open market this winter. Collin McHugh, Brad Hand and Kirby Yates could join them depending on how their contract options play out. But Johnson and the club reached a two-year extension last week and now Jiménez is staying as well, allowing them to stick with incumbents like Raisel Iglesias, A.J. Minter and Tyler Matzek.
For other clubs who may have been in the market for a reliever like Jiménez, they will now have one less option available to them on the open market. Josh Hader is clearly the top relief arm available, but the tier below him also has intriguing options such as Jordan Hicks, Reynaldo López and Robert Stephenson. It’s possible Chad Green could join them, depending on how his convoluted contract plays out in the coming days, while Yuki Matsui is looking to make the move from Japan.
Roster Resource currently pegs Atlanta’s 2024 payroll at $174MM with a competitive balance tax number of $205MM. This deal will add $8MM to the payroll and $8.67MM to the CBT number, since the latter is based on the average annual value of the entire contract. They have until Monday to decide on options for players like Charlie Morton, Eddie Rosario, McHugh, Hand and Yates. Triggering any of those would put some extra money onto the books but turning them down will leave them with extra items on the winter to-do list. The base threshold for the luxury tax will be $237MM in 2024.
Image courtesy of USA Today Sports.
The Opener: Rangers, Diamondbacks, Offseason
With the World Series now over, here are three things we’re keeping an eye on around baseball today…
1. Rangers win it all:
The Rangers finally have their first World Series title, defeating the Diamondbacks last night. Now it’s time to celebrate, with a parade already planned for Friday. After that, the attention will turn to the offseason. After being extremely aggressive in recent years, will they take their foot off the gas or continue pressing forward?
2. Diamondbacks Outlook and chat:
It was a great season for the Diamondbacks, who made it all the way to the final showdown on the heels of three straight losing campaigns. How can they build on this year and reload for 2024? MLBTR’s Offseason Outlook series will head to Arizona later today, with a chat to follow at 2:00 pm Central. Click here to ask a question in advance.
3. The offseason begins:
With the 2023 season now in the can, it’s time for the 2023-24 offseason! There will be plenty of rumors, signings and trades, with much attention focused on the most unique free agent of all time. Eligible players can become free agents today but won’t be able to sign with a new club for five days. They can sign with their 2023 club, however, as Joe Jiménez has already done. There’s also a five-day window for decisions on contract options, opt-outs and qualifying offers. Keep checking MLBTR for all the latest!
Rangers Win World Series
With a 5-0 victory over the Diamondbacks on Wednesday night, the Rangers claimed their first World Series championship in franchise history. They took the series four games to one, splitting the first two contests at Globe Life Field in Texas before winning all three at Chase Field in Arizona.
The franchise was established in 1961 as the Washington Senators, before moving to Arlington in 1972. The Rangers won back-to-back AL pennants in 2010 and ’11 but lost in the World Series both years. They held the second-longest championship drought in baseball, a title that now falls to the Brewers, who have not won a World Series in their 55-year history. The Guardians, having last won a World Series in 1948, still hold the longest championship drought in the game at 75 years and counting.
Including Milwaukee, there are now just five franchises that have yet to win a World Series: the Brewers, Padres, Mariners, Rockies, and Rays.
The Rangers took fate into their own hands over the past two seasons, signing stars like Corey Seager, Marcus Semien, Jacob deGrom, and Nathan Eovaldi to large contracts to accelerate their competitive window. They burst out of the gate in 2023, going 17-11 (.607) in April and 52-39 (.571) in the first half. General Manager Chris Young remained aggressive at the trade deadline, adding Max Scherzer and Jordan Montgomery to replenish a depleted rotation. The moves paid off, and the Rangers finished 90-72 with a +165 run differential. Although they lost the division crown on a tiebreaker, they swept their way to the ALCS and dethroned the Astros in a thrilling seven-game series. Just two years removed from a 102-loss season, the Rangers are World Series champions.
Seager was named World Series MVP for his dominant offensive performance against Arizona. In five games, he smacked three home runs, driving in six. The star shortstop led all players in the World Series in Win Probability Added (WPA), scoring a run in all four Texas victories. Overall, he hit .318 with a 1.133 OPS in the postseason. It is his second time winning World Series MVP honors, after previously taking home the award in 2020 with the Dodgers.
Additional hitters from the championship team who merit special recognition for their postseason performance include Adolis García and Evan Carter. On the pitching side, Montgomery and Eovaldi offered particularly praiseworthy performances, as did Josh Sborz and José Leclerc. García led the team with eight home runs and a whopping 22 RBI throughout the playoffs, taking home ALCS MVP honors. Unfortunately, his postseason ended early after an oblique strain in Game 3. Carter, the rookie phenom, was an integral part of the team’s offense despite making his MLB debut this past September. He is only 21 years old.
Eovaldi made six starts across the four series, going 5-0 with a 2.95 ERA. Montgomery was similarly dominant, appearing in six games (five starts) and posting a 2.90 ERA of his own. Meanwhile, Leclerc and Sborz were a lethal combination out of the bullpen. Leclerc, the longest-tenured player on the roster, was reliable as ever, pitching in 13 contests and putting up a 3.29 ERA. Sborz, for his part, showed up seemingly out of nowhere, tossing 12 innings and giving up just one run, good for a 0.75 ERA. Over the past three years with Texas, he has a 4.98 ERA. However, his underlying numbers have long suggested he is better than his ERA, and with his performance this postseason, he proved that to be true.
Manager Bruce Bochy collects his fourth World Series title, having won with the Giants in 2010, 2012, and 2014. Funnily enough, his Giants beat the Rangers to win it all in 2010. The long-time manager came out of retirement to join the Rangers in 2023, a surprising move at the time, but clearly a shrewd decision.
With the World Series wrapped up, it’s time for the offseason to officially begin. Teams can start making trades on Thursday, and they will be able to sign free agents on Monday. That’s also the deadline for teams to make option decisions, to issue qualifying offers, and to add players from the 60-day injured list back to the 40-man roster. The non-tender deadline is November 17.