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Royals Designate Max Castillo For Assignment

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The Royals announced today their previously-reported deal with outfielder Hunter Renfroe, signing him to a one-year contract with a player option for 2025. In a corresponding move, right-hander Max Castillo has been designated for assignment.

Castillo, 24, was one of two prospects acquired in the 2022 trade that sent Whit Merrifield from Kansas City to Toronto. (Infielder/outfielder Samad Taylor was the other.) Castillo has logged big league time in each of the past two seasons, pitching to a combined 5.43 ERA in 59 2/3 frames.

Castillo has punched out a below-average 18.1% of his opponents against a higher-than average 9.3% walk rate. Castillo was quite homer-prone in 2022 but yielded just two long balls in 20 1/3 innings this past season (0.89 HR/9). However, his strikeout rate plummeted from 21.8% in ’22 to just 11.2% this past season as he greatly upped the usage of his slider at the expense of his four-seamer and changeup.

In parts of two Triple-A seasons, Castillo has posted a 4.43 ERA in 164 2/3 innings, showing solid command but below-average strikeout abilities in that time. As a prospect, he was viewed as a potential fifth starter or reliever. It’s possible that another club could yet help him reach that level, but the Royals’ aggressive offseason on the free agent market is clear proof that they’re ready to turn the page on some of the in-house options in whom they’d previously been holding out hope.

Castillo still has a minor league option remaining and won’t turn 25 until May, so he could hold some appeal to another club looking for pitching depth — one that hasn’t overhauled its roster by signing six free agents to big league deals and acquiring a seventh (Nick Anderson) via trade. Presumably, the Royals explored potential trades of Castillo before today’s DFA, as they’d previously moved Jonathan Heasley, Edward Olivares and Taylor Clarke in DFA-motivated trades. But another club could still be interested in a waiver claim or perhaps a cash swap if that hadn’t been on the table before.

Padres Reportedly Close To Signing Yuki Matsui

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The Padres are close to signing a deal with free agent left-hander Yuki Matsui, reports Mark Feinsand of MLB.com. Earlier, Jon Morosi of MLB.com (X links) reported that the Friars had offered Matsui a contract and also relayed a Japanese-language report from Sankei Sports. The Google translation of that report says that the southpaw has already undergone a medical check, though it seems nothing is official quite yet. Morosi relays that it will be a multi-year deal, though the financial are not yet known at this time.

Matsui, 28, is a left-handed reliever that has 10 years of experience in Japan’s Nippon Professional Baseball, having debuted back in 2014. He has an earned run average of 2.40 in his 501 career games, tossing 659 2/3 innings. He has 236 saves in that time, including at least 24 in each of the past three campaigns. He’s coming off a strong 2023 season as well, with a tiny ERA of 1.57 while recording 39 saves. He struck out 32.4% of batters faced this year while walking just 5.9%.

In addition to his excellent results, Matsui is notable for his size, listed at just 5’8″ and 167 pounds. That unusual frame didn’t stop MLB clubs from having interest, with the Cardinals having recently hosted Matsui in St. Louis, though the Padres will apparently be the one to seal the deal.

Beyond his skills, Matsui surely intrigued clubs due to the fact that he reached proper free agency by reaching nine years of service time. Unlike some other pitchers coming over from Japan, such as Yoshinobu Yamamoto, Matsui isn’t currently connected to any NPB club. That means the MLB club that signs him won’t be subject to a posting fee on top of the contract itself.

Matsui has consistently featured on MLBTR’s NPB Players to Watch series this year, with Dai Takegami Podziewski reporting on Matsui’s four-pitch mix, featuring a fastball, splitter, slider and curveball. The southpaw reportedly had some trouble adapting to the ball in the World Baseball Classic, which is closer to the one used in MLB. There’s always some uncertainty with foreign players since they are unproven in North America, and while Matsui’s size and issues with the WBC ball perhaps add to that, clubs are often intrigued by the possibility of unearthing a hidden gem.

That’s especially true of the Padres, for whom the budget has been a focus all year. Due to the ongoing bankruptcy of Diamond Sports Group, the club’s broadcast rights reverted to MLB during the year. It was later reported that the Friars took out a loan to cover expenses and all recent reporting has pointed to a drop in payroll relative to recent years, likely resulting in them staying under the competitive balance tax in 2024.

Their offseason moves to this point have mostly been about clearing out payroll space. The Padres sent outfielders Juan Soto and Trent Grisham to the Yankees for five players, then sent lefty Ray Kerr to Atlanta as a means to get some of Matt Carpenter’s contract off the books.

Roster Resource currently pegs the club CBT number at $205MM for next year, with the base threshold to be $237MM. That gives the club a bit of room to work with but they still have some things to do. They likely want to find two outfielders to replace Soto and Grisham while also perhaps looking for a designated hitter and some more starting pitching.

But the bullpen is also an issue, with Josh Hader, Nick Martinez, Luis García and Tim Hill now free agents. That means the club will have work to do just to get back to 2023 levels, when their relievers posted a collective ERA of 3.80, the tenth-best mark in the league.

No one is going to expect Matsui to replace Hader as one of the best relievers in the league, but he can certainly bolster the club’s southpaw relief mix, which currently consists of Tom Cosgrove and Adrián Morejón. The former had a solid season in 2023 but still has less than a year of major league experience, while the latter has had ongoing injury issues and is coming off a poor showing this year. Perhaps this is the first of many moves as the Padres pivot from subtracting salary to adding it, looking to fill out the roster for 2024.

Giants Exploring Trade Market For Shortstops

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The Giants have been exploring the trade market for a potential shortstop upgrade, reports Susan Slusser of the San Francisco Chronicle, who adds that the team’s recent signing of Tom Murphy to a two-year deal could lead to former top catching prospect Joey Bart being moved Some combination of Bart, young pitching and/or outfield talent could conceivably be used to add the desired help at shortstop.

With Brandon Crawford becoming a free agent for the first time in his career, top prospect Marco Luciano currently resides atop the Giants’ depth chart at shortstop. Casey Schmitt, who made his MLB debut this past season at age 24, is another option at the position, as is 26-year-old Tyler Fitzgerald, who also made his debut in 2023. The Giants have begun to use Fitzgerald more frequently at other positions in the minors, however.

Suffice it to say, it’s an inexperienced group. Luciano has the highest ceiling of the group, but the 22-year-old hit just .231/.333/.308 with 17 strikeouts in 45 plate appearances during last year’s MLB debut and struggled in Triple-A, too, where he slashed .309/.321/.418 with a 36% strikeout rate. Luciano only turned 22 in September, so some struggles at the top minor league level and especially in the big leagues aren’t exactly cause for full-scale alarm bells to sound.

That said, those struggles also suggest that Luciano could benefit from some further development time in Triple-A. Giants president Farhan Zaidi said last month that organization was hopeful Luciano could seize the role but also noted the importance of having some insurance. Considering Schmitt hit just .206/.255/.324 through 90 games in his own debut while Fitzgerald has just 34 MLB plate appearances, a more established option would be a sensible acquisition.

Slusser speculatively lists Ha-Seong Kim of the division-rival Padres and Milwaukee’s Willy Adames as options, though it’s not clear the Giants have had meaningful discussions on either. Both would be one-year stopgaps; Kim has a mutual option for the 2025 season, and Adames is entering his final year of arbitration.

Mutual options, it should be noted, are almost never exercised by both parties. Kim won’t have six years of MLB service even if/when he declines his end of the 2025 option, but MLBTR confirmed at the time of his signing that he’ll still be a free agent when the contract is up. Adames, meanwhile, is hardly a lock to be moved at all. Even as his free agency draws near, the Brewers are still planning to contend in 2024 and would likely only move him if it meant acquiring MLB-ready talent in return.

There are other options to consider. The Twins seem likely to trade Kyle Farmer this offseason, given their crowded infield mix. Zaidi is plenty familiar with Farmer, who was drafted by the Dodgers, where Zaidi previously served as general manager. The Reds, Guardians, Cardinals and Rays all have ample infield talent as well. Not all of those teams are in need of a catcher specifically, although including Bart (and perhaps others) is of course just one of many paths the Giants could take to addressing the issue.

The 27-year-old Bart was the No. 2 overall draft pick back in 2018. He’s appeared in parts of four big league seasons but posted an anemic .219/.288/.335 batting line with a 35.4% strikeout rate. Bart, who’ll be out of options in 2024, is a .274/.357/.434 hitter in 554 Triple-A plate appearances. He’s been leapfrogged on the depth chart by another former first-rounder, Patrick Bailey, who batted just .233/.285/.359 as a rookie but also graded out as arguably the best defensive catcher in MLB.

Reds Trade TJ Hopkins To Giants

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The Giants announced Tuesday that they’ve acquired outfielder TJ Hopkins from the Reds in exchange for cash or a player to be named later. Cincinnati designated Hopkins for assignment last week.

Hopkins, 27 next month, made his MLB debut this past season and went 7-for-41 (all singles) with a pair of walks and 17 strikeouts in 44 plate appearances. It was hardly an eye-catching debut, but the 2019 ninth-rounder’s production in Triple-A Louisville was far more intriguing. In his first full season at the top minor league level, Hopkins delivered a robust .308/.411/.514 batting line with a 14% walk rate, 23.9% strikeout rate, 16 home runs, 18 doubles, a triple and a pair of steals.

Hopkins has played primarily left field in his professional career but has plenty of experience in right field and center field as well. He’s been an average or better hitter at every minor league stop and steadily improved both his walk and strikeout rates as he’s climbed the minor league ladder. Hopkins was in the first of three minor league option years this past season, so he has two more remaining. He’ll give the Giants a right-handed depth bat to add to a heavily left-handed outfield mix.

Presently, the Giants project to have lefties Michael Conforto and Mike Yastrzemski in the outfield corners, where they’ll flank newly signed center fielder Jung Hoo Lee. The KBO star — another lefty bat — signed a six-year deal that’ll pay him $113MM just last week. Also in the outfield mix in San Francisco are righties Mitch Haniger, Austin Slater, Luis Matos, Heliot Ramos and lefties Blake Sabol and Wade Meckler. Haniger, who’s entering the second season of a three-year contract, could see a fair bit of time at designated hitter. Sabol could see big league time as a reserve catcher and outfielder.

Rockies, Chance Adams Agree To Minor League Deal

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The Rockies have re-signed righty Chance Adams to a minor league deal and invited him to big league camp this spring, reports Jon Heyman of the New York Post. He’d earn at a $740K rate in the Majors.

Adams, 29, once ranked among the best pitching prospects in the sport but hasn’t yet found any success in the big leagues. The 2015 fifth-rounder has totaled 41 2/3 MLB frames, yielding a dismal 8.42 ERA in that time. Adams has a far better track record in Triple-A, where he’s turned in a 4.06 ERA in parts of five seasons (a total of 343 1/3 innings).

Adams hasn’t pitched in the Majors since a brief 2020 look with the Royals. He wound up requiring Tommy John surgery that October and made a very brief return to the Royals minor league ranks late in the ’21 campaign (6 2/3 innings). Adams didn’t pitch with an affiliated club in 2022 and spent the 2023 season in the Rockies organization, where he’ll now return.

Though he worked primarily as a starter early in his career, Adams came out of the bullpen for the Rockies’ Triple-A club last season. In 32 2/3 innings, he worked to a 3.86 ERA with solid walk and ground-ball rates of 7.1% and 44.9%, respectively. Adams fanned only 15% of his opponents in Albuquerque, however.

Back with the Rockies and seemingly back to full strength, Adams will have an opportunity to earn a spot in the Colorado bullpen this spring. The Rockies don’t have a ton of bullpen flexibility, with six relievers who can’t be optioned: Justin Lawrence, Tyler Kinley, Daniel Bard, Nick Mears, Jalen Beeks and Rule 5 pick Anthony Molina. There should still be a couple spots up for grabs, however, particularly if Molina doesn’t end up sticking on the roster and is eventually returned to the Rays.

Latest On Yoshinobu Yamamoto’s Market

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There’s been ample speculation about the eventual price tag of a Yoshinobu Yamamoto contract, but until early this week, the right-hander hadn’t discussed specific years and dollars with clubs, ESPN’s Jeff Passan reports.

Teams eyeing the NPB ace’s services were asked to submit a “preliminary” bid early in the process to gauge the seriousness of their interest, per Passan, but a follow-up round of more concrete bidding hadn’t taken place prior to this week. Yamamoto has met with several teams recently, presumably to familiarize himself with each organization and the systems and personnel in place at each potential landing spot. Entering the week, no teams had made a formal offer of $300MM or more, despite speculation to the contrary; none, in fact, had submitted a formal offer even beyond that preliminary bid. Passan wrote that some clubs have tried to broach the subject of years and dollars, but Yamamoto’s camp preferred to hold off until this week.

The Yankees, Mets, Dodgers, Giants, Red Sox, Phillies and perhaps the Blue Jays among the teams reported to have met with Yamamoto over the past 14 days. Ken Rosenthal of The Athletic characterized both the Phillies and Blue Jays as teams more on the periphery of the bidding as of this morning, however (video link). It takes only one aggressive bid to change that perception, of course, but it’s notable that they’re being framed in that manner at present.

The two New York clubs have long been known to be serious bidders for Yamamoto, though the manner in which he fits into each club’s landscape of potential offseason moves is quite different. The Yankees, for instance, have no intention of easing up even if they miss on Yamamoto. If they can’t lure the 25-year-old righty to the Bronx, Rosenthal suggests they’ll look to bolster the roster elsewhere. Among the possibilities he lays out are a run at bringing Jordan Montgomery back to the Bronx or perhaps building a stacked bullpen with pursuits of top-tier relievers like Josh Hader, Jordan Hicks and Robert Stephenson.

That seems to be a direct contrast to how the Mets are approaching the situation. The Athletic’s Will Sammon wrote over the weekend that the Mets are focused on Yamamoto and Yamamoto alone; they’re not expected to change course and pursue other marquee additions if Yamamoto ultimately signs elsewhere. Mike Puma of the New York Post reports that the Mets will submit a formal offer to Yamamoto in the next couple of days, adding that the team’s expectation has been that Yamamoto will reach a decision before next Monday. That’s entirely dependent on the player’s mindset, of course; Yamamoto’s 45-day negotiation window with MLB clubs doesn’t draw to a close until Jan. 4.

MLBTR polled readers last week, with more than 27% indicating they believe Yamamoto will sign somewhere between $300-325MM, not including the posting/release fee owed to his former club, the Orix Buffaloes. The Yankees and Dodgers were the top predicted landing spots, with both drawing about 22% of the vote (though the Yankees technically garnered 88 more of the 17,000+ votes than the Dodgers).

The Opener: Carpenter, Royals, MLBTR Chat

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As MLB’s offseason continues, here are three things we’ll be keeping an eye on around the baseball world throughout the day today:

1. Will Carpenter find a new team?

The Braves released veteran slugger Matt Carpenter yesterday, sending the 38-year-old to the open market. Carpenter posted an otherworldly performance as a member of the Yankees in 2022 when he slashed a whopping .305/.412/.727 across just 47 games. Outside of that brief stint in the Bronx, however, Carpenter has posted below average offensive numbers every year following the 2018 campaign, when he finished in the top-10 of NL MVP voting with the Cardinals.

While Carpenter’s age and mostly meager production in recent years make it reasonable to wonder if he’ll be able to land a job with a big league club, it’s worth noting that any interested club would only have to pay a pro-rated portion of the big league minimum for the time Carpenter spends on the roster given the Padres and Braves are still on the hook for his 2024 salary. That could make him an affordable option for teams in need of a lefty bat on a tight budget.

2. Royals working through roster crunch:

The Royals have spent more than $100MM on free agents this offseason, and the influx of additions has led to something of a logjam on the 40-man roster in recent weeks. To accommodate their new signings, Kansas City has shipped right-hander Taylor Clarke to Milwaukee, outfielder Edward Olivares to Pittsburgh, and most recently right-hander Jonathan Heasley to Baltimore in minor trades while also surrendering right-hander Collin Snider to the Diamondbacks on waivers. That flurry of activity has allowed them to make official the signings of right-handers Seth Lugo, Michael Wacha and Chris Stratton as well as left-hander Will Smith.

Even after all of that, the club still has one more player for whom they’ll need to open a 40-man roster spot: outfielder Hunter Renfroe, who the club reportedly agreed to a two-year deal with last week. The Royals have largely been successful in working out small trades for marginal players on their 40-man roster while navigating through this roster crunch, though it remains to be seen if they’ll pull off a fourth swap in that vein or have to settle for designating a player for assignment to accommodate Renfroe as they did with Snider to make room for Smith.

3. MLBTR chat today:

With the new year swiftly approaching, are there any questions burning in your mind about the offseason as 2023 comes to a close? Are you wondering what’s next for your favorite team, or perhaps curious about what the market for a particular free agent looks like? If so, tune in this afternoon when MLBTR’s Steve Adams hosts a live chat with readers at 1pm CT. You can click here to ask a question in advance, and that same link will allow you to join in on the chat once it begins or read the transcript after its completed.

The Best Remaining Fits For Cody Bellinger

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For the past six weeks, the offseason has centered on three individuals: Shohei Ohtani, Juan Soto and Yoshinobu Yamamoto. With the first two having found new homes and Yamamoto expected to choose his team within a week or two, there’s likely to be greater attention placed on Cody Bellinger.

MLBTR’s #2 free agent entering the winter, Bellinger has had a quiet offseason since declining his end of a mutual option and rejecting a qualifying offer from the Cubs. Early reports tied the lefty-hitting center fielder to the Yankees, Giants and Blue Jays. The incumbents have some amount of interest in a reunion, although the presence of highly-regarded rookie Pete Crow-Armstrong gives them leverage to pass on what’s surely still a lofty asking price.

Last week, the New York Post’s Jon Heyman wrote that Bellinger’s camp at the Boras Corporation were seeking to reach or surpass $200MM. Yet it’s fair to presume that the former MVP’s market has dwindled over the past month. Along with Soto, the Yankees acquired Alex Verdugo and Trent Grisham to join Aaron Judge in the outfield. San Francisco signed Jung Hoo Lee to play center field instead. That knocks out the two teams widely perceived as the favorites. (At the beginning of the offseason, every MLBTR staffer pegged the Giants or Yankees as Bellinger’s landing spot in our Free Agent prediction contest.)

Where does that leave things for the two-time All-Star?

Likeliest Fits

  • Angels: It’s difficult to identify exactly where the Angels go from here. Los Angeles has thus far limited its offseason activity to a trio of low-cost middle relief additions (Luis García, Adam Cimber and Adam Kolarek). Ohtani was their top priority. After losing him, they’ll need to determine how aggressively to add to a roster that won only 73 games despite his MVP performance. GM Perry Minasian and new skipper Ron Washington have been clear they’re not about to rebuild. Bringing in a front-line starting pitcher appears the top priority, but they’ll also need to address a lineup that ranked 16th in runs and lost a .304/.412/.654 hitter. Bellinger would give the Angels an option to cover center field if Mike Trout needs any time on the injured list. He’d push Mickey Moniak to a fourth outfield role and could take some of the available DH at-bats. He’s also a marquee name who starred in Los Angeles, which could hold appeal to owner Arte Moreno.
  • Blue Jays: USA Today’s Bob Nightengale wrote over the weekend that the Jays looked like the top suitor for Bellinger. It’s not hard to see why. The Jays came up empty on their pursuits of Ohtani and Soto. While no one would consider Bellinger the same kind of upgrade, Toronto still has ample short-term payroll space and a need for a left-handed bat. They’re also without a clear answer in center field after Kevin Kiermaier hit free agency. The Jays could sign a corner outfielder and bump Daulton Varsho to center (or simply try to re-sign Kiermaier), but Bellinger is the best all-around position player on the open market.
  • Cubs: Bellinger was among the Cubs’ most valuable players a season ago. While they may have initially viewed him as a one-year stopgap to Crow-Armstrong, there’s an argument for bringing him back. The Cubs don’t have a clear option at first base, where Bellinger is a plus defender. His ability to play all three outfield spots would afford the organization the flexibility to start Crow-Armstrong in Triple-A (where he struck out at a concerning rate in 34 games last season) without needing to rely on journeyman Mike Tauchman to maintain his surprisingly strong form from 2023. Even if Tauchman and/or Crow-Armstrong prove deserving of everyday playing time, the Cubs could rotate Ian Happ and Seiya Suzuki through designated hitter to keep their outfield fresh.

Longer Shots

  • Mets: New York could upgrade over either Starling Marte or DJ Stewart in the corner outfield. There’s room for Bellinger to join Brandon Nimmo as a long-term outfield investment, but it doesn’t seem that’s how the front office is approaching this winter. The Mets are in on Yamamoto but appear to view him as an exceptional case in what’d otherwise be a relatively quiet offseason as they focus primarily on 2025.
  • Nationals: While Washington isn’t an immediate contender, they could make a legitimate push for the playoffs by the ’25 season. Bellinger, who turned 28 in July, would still project as a productive player during that window. The Nats have top outfield prospects Dylan Crews and James Wood looming, but only Lane Thomas should have a short-term spot locked down. The Nationals struck early on the Jayson Werth signing to accelerate a rebuild a decade ago. There’d be some sense in doing that again, but they’ve been fairly quiet in recent offseasons and still have organizational uncertainty regarding their local TV deal as part of the contentious MASN arrangement with the Orioles.
  • Phillies: Philadelphia is involved on Yamamoto, suggesting an ability to stretch the budget for the right player. Whether Bellinger qualifies isn’t clear. Brandon Marsh is a solid center field option, while the Phils have Johan Rojas and Cristian Pache as options for the corner opposite Nick Castellanos. It’s not a terrible outfield, but it’s also perhaps the weakest area of an otherwise excellent roster. The Phils haven’t shied away from pursuing star talent under owner John Middleton and president of baseball operations Dave Dombrowski.

Payroll Questions

  • Mariners: Seattle is likely to bring in at least one outfielder to join Julio Rodríguez and a group that otherwise consists of players like Dominic Canzone, Taylor Trammell and Sam Haggerty. Bellinger fits on the roster, but the M’s have thus far sliced payroll amidst uncertainty about the revenues from their local TV deal with Root Sports. President of baseball operations Jerry Dipoto hasn’t signed a free agent hitter to a multi-year contract in his eight-plus years leading the Seattle front office. Breaking that streak with Bellinger would be a massive shift in operating procedure.
  • Padres: Much of what applies to the Mariners can be said about the Padres. They want to compete after a disappointing playoff miss. They need outfield help to do so. Yet they’re also facing questions about their broadcasting deal and have only cut payroll so far this offseason. With Lee’s six-year, $113MM deal pushing beyond their spending range, it’s hard to see how they could make Bellinger work.
  • Rangers: The defending World Series winners could ostensibly make room for Bellinger, perhaps by trading incumbent center fielder Leody Taveras to address an injury-plagued rotation. GM Chris Young has suggested they’re unlikely to make the kind of free agent splash they have in prior offseasons, though, so it’s far likelier they stick with an internal group of Adolis García, Taveras and Evan Carter while awaiting the arrival of top prospect Wyatt Langford.

KBO’s NC Dinos Sign Kyle Hart

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Left-hander Kyle Hart signed with the NC Dinos of the Korea Baseball Organization, the team announced (h/t to  Jee-ho Yoo of Yonhap News). He’ll be paid a $200K signing bonus and a $500K salary, while there’s another $200K in possible incentives.

Hart, a 6’5″ hurler from the University of Indiana, has four major league games to his name. Those came with the Red Sox in 2020. He struggled in that limited look, allowing 21 runs in 11 innings. While he hasn’t gotten back to the big leagues since, he signed successive minor league contracts with the Phillies and Mariners this past season.

The former 19th-round pick only pitched once for the Phils’ top farm team. He was a regular member of the rotation for Seattle’s Triple-A team after signing in June, however. Over 18 starts in the Pacific Coast League, Hart posted a 4.58 ERA through 88 1/3 innings. He struck out a reasonable 22.1% of opponents against a 9.1% walk rate.

This will be Hart’s first overseas stint. He joins former Marlins left-hander Daniel Castano as the club’s two foreign-born pitchers to open the season. They replace Erick Fedde (who signed a $15MM deal with the White Sox) and Tanner Tully. Yoo notes that the team is not retaining outfielder Jason Martin, so they’ll look for an additional hitter to meet their allotted three non-Korean players.

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