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Yankees Showing Interest In Jordan Montgomery

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The Yankees seem to be considering a reunion with former rotation stalwart Jordan Montgomery, according to the New York Post’s Jon Heyman.  The club has been “looking at” Montgomery as a possible offseason signing, and it appears to be slightly more than just due diligence, as Heyman writes that “the Yankees have been particular about rotation targets.”  Previous reports have linked such arms as Yoshinobu Yamamoto, Frankie Montas, Yariel Rodriguez, and (before he re-signed with the Phillies) Aaron Nola to the Yankees’ pitching wishlist, and it’s probably safe to assume the Bronx Bombers have some level of interest in Shohei Ohtani even though he won’t be able to pitch in 2024.

Obviously Montgomery is a known quantity for the Yankees, having started his pro career in the pinstripes after being drafted in the fourth round in 2014.  Debuting in the majors in 2017, Montgomery posted a 3.94 ERA, 22.68% strikeout rate, and 6.93% walk rate over his 502 2/3 innings with New York, establishing himself as a solid and even underrated member of the starting five.

Despite this success, the left-hander was dealt to the Cardinals at the 2022 trade deadline in a move that since become infamous in the Bronx.  Harrison Bader came from St. Louis in the one-for-one-swap, and apart from a spectacular power surge during the Yankees’ 2022 playoff run, Bader’s time in New York was a disappointment.  The outfielder played in only 98 regular season games due to injuries, and hit .237/.274/.353 over 359 plate appearances before the Yankees put him on waivers this past August.

Meanwhile, Montgomery’s star (and free agent price tag) only continued to rise.  He pitched well for St. Louis during the rest of the 2022 season and into 2023, though the Cardinals’ own struggles saw Montgomery again on the move at the deadline, this time to the Rangers.  From there, Montgomery became one of the key factors of the Rangers’ World Series run — he posted a 2.79 ERA over 67 2/3 innings in the regular season just to help Texas get into the playoffs, and the lefty then had a 2.90 ERA over 31 postseason frames.

MLBTR ranked Montgomery sixth on our list of the winter’s top 50 free agents, projecting him for a six-year, $150MM contract.  Nola received the same projection and landed a seven-year, $172MM deal from Philadelphia, so it is quite possible Montgomery might also beat our prediction even though he is six months older and has a past Tommy John surgery on his record.  However, Montgomery wasn’t eligible for the qualifying offer due to the midseason trade, so a team that signs him wouldn’t have to surrender any draft picks or international pool money as compensation.

This is undoubtedly of interest to a Yankees team that surpassed the luxury tax last year, and thus would pay the higher penalty of two picks and $1MM of int’l bonus money for signing any qualified free agent.  New York’s interest in such players as Nola, Ohtani, or Cody Bellinger indicates that the Bombers are open to signing QO-rejecting free agents, though it’s fair to speculate that the Yankees might be willing to take the plunge for only one such player.  For instance, Bellinger might be a bit of a priority since hitting is a greater need for the Yankees, but they could then also look one of many non-QO pitchers, including top-tier names like Yamamoto or Montgomery.

It is fair to speculate whether or not the past history with Montgomery and the Yankees is an obstacle in any negotiations.  Naturally GM Brian Cashman would love to have a do-over of the Bader trade, and since his concerns over Montgomery’s viability as a postseason starter have now been firmly proven wrong, what better public mea culpa than a $150MM contract?  Montgomery might see it as water under the bridge and be willing to return to complete some unfinished business in the Bronx.  On the other hand, it seems possible that Montgomery simply wants to move on from an organization that once considered him expendable, and would prefer to join either a new team altogether or one of his other former clubs in Texas or St. Louis.

Eric Stout Drawing Interest From MLB Clubs

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Free agent left-hander Eric Stout is drawing interest from all over the baseball world, with Jon Heyman of The New York Post reporting that the southpaw has interest from clubs in Major League Baseball, Japan’s Nippon Professional Baseball and the Korea Baseball Organization.

Stout, 31 in March, has very limited major league experience, having appeared in three games for the Royals in 2018 and 20 games in 2022, split between the Cubs and Pirates. His 24 2/3 innings have resulted in an unsightly earned run average of 7.30, though in a very small sample. His minor league work has naturally been stronger, including an ERA of 4.63 in his Triple-A career.

In 2023, Stout began the year on a minor league deal with the Cubs, then was released and signed another with the Mariners. In early July, he had a 4.20 ERA in Triple-A for the year when he was released to pursue an opportunity with the CTBC Brothers of the Chinese Professional Baseball League in Taiwan. Stout did well with this change of scenery, making 12 starts for the Brothers with an ERA of 3.28. In his 68 2/3 innings, he struck out 27.9% of batters faced while walking just 4.6%.

Based on that strong showing, it seems Stout may have opened other opportunities for himself. Even if he doesn’t get a deal with a major league club, the NPB and KBO are both considered to be a step up from the CPBL. Moving up the ladder in that sense and continuing to have success would increase his chances of getting an MLB deal down the line.

Seth Lugo Drawing Widespread Interest

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Multiple reports have indicated that the demand for starting pitching is huge this offseason and one player that could benefit is right-hander Seth Lugo. In an appearance on Foul Territory, Robert Murray of FanSided reports that Lugo’s market is extensive and “more than half the league” has checked in on him.

Lugo, 34, spent most of his career in the bullpen with the Mets but reached free agency last winter and drew plenty of interest from clubs who thought he could return to the rotation, as he had done years before. The Padres were ultimately the one to take a chance on Lugo, signing him to a two-year, $15MM deal with an opt-out opportunity midway through.

The experiment worked quite well, as Lugo was ultimately able to throw 146 1/3 innings over 26 starts. He missed about a month due to a calf strain, but apart from that, the larger workload didn’t seem to impact his results. He posted an earned run average of 3.57, striking out 23.2% of batters, limiting walks to a 6% rate and keeping 45.2% of balls in play on the ground.

Now that he has proven himself capable of filling a starting role, his market should be even stronger this offseason than it was a year ago, making it an easy decision for him to opt out and retry free agency. Murray notes that Lugo’s market is vast and that he would not be surprised to see Lugo get a three- or four-year deal. At the start of the offseason, MLBTR predicted Lugo for a three-year, $42MM pact, which would be $14MM per year.

Given his age, it would be hard for Lugo to go too far beyond that. But that ceiling is perhaps why so many clubs are interested. Aaron Nola already secured himself a seven-year, $172MM deal to return to the Phillies and nine-figure deals should also be available for guys like Blake Snell, Yoshinobu Yamamoto and Jordan Montgomery. The appetite for starting pitching is high but not every club will be able or willing to pay those kinds of prices, leaving them looking to guys like Lugo.

To this point in the offseason, Lugo has been specifically linked to the Tigers but it seems his market is far wider than that. He will likely require a modest average annual value, relative to some of the other free agents, which makes him a speculative fit for a far greater number of clubs. Even mid- or small-market teams need to give out eight-figure contracts from time to time and the widespread demand should help Lugo earn a much greater guarantee than he got a year ago. It was recently reported that nearly half the league had checked in on Yamamoto, but he is widely expected to get $200MM or more. Since Lugo is perhaps looking at getting a quarter of that, it stands to reason that he has even more clubs calling him up.

White Sox Sign Justin Anderson To Minor League Deal

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The White Sox have signed right-hander Justin Anderson to a minor league deal, according to his transactions tracker at MLB.com. He has been assigned to Triple-A Charlotte for now but could get an invitation to major league Spring Training.

Anderson, 31, appeared in 111 big league games for the Angels over 2018 and 2019. He tossed 102 1/3 innings with a 4.75 earned run average. He struck out a strong 27.7% of batters faced but also gave out walks at a 15.7% clip. Despite the control issues, he nonetheless served a leverage role for the Halos, racking up five saves and 33 holds.

Since then, however, injuries have sent him out into the proverbial wilderness. In 2020, he suffered an oblique strain and then a torn ligament in his pitching elbow, the latter eventually leading to Tommy John surgery in July of 2020. He was non-tendered by the Angels at the end of that year and signed a two-year minor league deal with the Rangers, with that club hoping for a post-surgery bounceback in 2022. That didn’t work out, with Anderson landing on the minor league IL in April of 2022 after just three appearances and never returning.

In 2023, Anderson finally showed a bit of progress. He secured a minor league deal with the Royals in June and was able to make 24 appearances over the final few months of the season, logging 36 2/3 innings of work. Anderson posted an ERA of 6.87 on the year overall but struck out 35.5% of batters faced and finished strong, with an ERA of 3.44 in his final 11 appearances and 0.63 in his last eight. Any pitcher can look better with that kind of arbitrary selectivity, but since Anderson was dealing with injuries for so long, it would be fair to expect him to take some time getting into a groove.

The White Sox will be hoping that was indeed the case and that Anderson can be in better form in 2024 after shaking off some rust this year. If he is able to stay healthy and effective, he still has a full slate of options and less than three years of service time. If he’s added to the roster at any point, he could be moved between the majors and minors without being exposed to waivers and could be retained for future seasons via arbitration.

Twins Have Discussed Christian Vázquez Trades

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The Twins have been open about their plans to reduce payroll and that has reportedly led them to try to trade some players from their roster. In an appearance on Foul Territory, Robert Murray of FanSided listed catcher Christian Vázquez as one player that the club has been aggressively shopping.

Vázquez, now 33, signed a three-year, $30MM deal with the Twins almost a year ago. He got that deal after many years of solid work in the big leagues, generally pairing strong defense with offense around league average for a backstop. However, the first year in Minnesota didn’t go especially well. Vázquez was still good when donning the tools of ignorance but his work with the bat took a big step backwards. His strikeout rate jumped to a career high of 23.1% and his overall line of .223/.280/.318 translated to a wRC+ of just 65.

While Vázquez was going through that disappointing season, the Twins saw Ryan Jeffers take the opposite path. He had a tremendous breakout campaign in 2023, hitting 14 home runs in 96 games. His .276/.369/.490 batting line led to a wRC+ of 138. His glovework isn’t as heralded as that of Vázquez but he is still just 26 years old and could still make strides behind the plate. He’s only entering arbitration for the first time this winter with a projected salary of $2.3MM and isn’t slated for free agency until after 2026.

Vázquez still has two years and $20MM left on his deal, which isn’t terribly burdensome by baseball payroll standards. But for a club looking to cut costs due to its uncertainty around broadcast revenue, $10MM per year on a catcher who has been leapfrogged on the depth chart might be a luxury they can’t afford. Jair Camargo just had a strong season in Triple-A and got added to the 40-man roster, so perhaps he could step in as a backup to Jeffers, or the club could also look for a lower-cost veteran to replace Vázquez.

Though the Twins are looking to shed salary, they will likely have to eat at least a little bit of the deal in order to move it. Aaron Gleeman of The Athletic reported this week that several other clubs were willing to give Vázquez deals around two years and $20MM last year before the Twins got it done by adding a third year. But with Vázquez now a year older and coming off a rough season, the desire by other clubs to take on that contract is surely diminished.

But once the financials are worked out, there would likely be plenty of interest around the league. Murray mentions that the Padres had interest in Vázquez when he was a free agent, though they have their own payroll concerns and Luis Campusano had a strong finish to the 2023 season for them, perhaps reducing their need for help behind the plate. Murray also mentions the Marlins as a speculative fit, which is sensible since they are known to be looking for upgrades there. Some other clubs that could perhaps look for veteran to help with the workload behind the plate include the Red Sox, White Sox, Cubs, Rays, Diamondbacks and others.

Despite the rough 2023 campaign, Vázquez suitors might be interested in the .271/.318/.416 batting line he posted from 2019 to 2022. That translated to a 94 wRC+, below average overall but roughly par for a catcher, which paired nicely with his excellent glovework. What might help the Twins is that the free agent market doesn’t have many more exciting options. Mitch Garver and Tom Murphy have more offensive upside but both have significant injury histories and can’t match Vázquez in terms of defense. Gary Sánchez, Victor Caratini and Yasmani Grandal are some of the other top names available. What might work against the Twins, however, is that the Yankees are also looking to trade from their catching surplus.

It’s been suggested that the Twins could look to open 2024 with a payroll between $125MM and $140MM, a drop from last year’s $154MM mark. Roster Resource has them pegged at $125MM already, giving them little wiggle room for upgrading the pitching staff. They could give themselves a bit more breathing space with a trade of a player making a somewhat notable salary, such as Max Kepler, Jorge Polanco or Kyle Farmer, but Vázquez is apparently on the list as well.

The Opener: Thanksgiving Deals, Starting Pitching Market, Jensen

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Here are three things we’ll be watching on Thanksgiving…

1. Holiday dealings:

Will any agents or general managers step away from the holiday feast in order to pick up a phone and make a deal? Thanksgiving tends to be pretty quiet in baseball circles but notable things have happened before. Back in 2020, MLBTR posted a list of some notable transactions that went down on Thanksgiving, including Torii Hunter signing a five-year deal with the Angels in 2007. The Marlins were particularly busy in 2005, sending Carlos Delgado and cash to the Mets for Grant Psomas, Mike Jacobs and Yusmeiro Petit, and then finishing an even bigger deal that sent Josh Beckett, Mike Lowell and Guillermo Mota to the Red Sox for Jesús Delgado, Harvey García, Hanley Ramírez and Aníbal Sánchez.

2. Starting pitching market:

Overall, there’s been little movement this offseason, but the starting pitching market seems to have more momentum than other areas. Multiple reports suggest that demand for rotation help is incredibly high and a few names have come off the board already. The Phillies were able to retain Aaron Nola while the Cardinals signed Lance Lynn and Kyle Gibson. There’s a ticking clock on Yoshinobu Yamamoto since he has been posted, while Shota Imanaga is expected to be posted on Monday. It appears the ball is rolling down the hill and picking up some steam, so teams in this area might have to be ready to jump.

3. Jensen in DFA limbo:

The Mariners swung a two-for-one deal yesterday, flipping Eugenio Suárez to Arizona for Carlos Vargas and Seby Zavala. That left them needing a roster spot, which squeezed out Ryan Jensen. The M’s now have less than a week to work out a trade or try to pass Jensen through waivers. He didn’t have a great season in the minors in 2023 but there are so many open roster spots around the league right now, with many clubs having just freed up space via non-tenders and free agency. The Mets only have 28 players on their 40-man, while Atlanta and San Diego are each at 31. Perhaps that will help Jensen find another landing spot in the next few days.

MLBTR Podcast: Aaron Nola, Non-Tenders And The Pace Of The Offseason

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The latest episode of the MLB Trade Rumors Podcast is now live on Spotify, Apple Podcasts, and wherever you get your podcasts! Make sure you subscribe as well! You can also use the player at this link to listen, if you don’t use Spotify or Apple for podcasts.

This week, host Darragh McDonald is joined by Anthony Franco of MLB Trade Rumors to discuss…

Plus, we answer your questions, including…

  • Why is the MLB offseason so slow to get going? The other leagues, most of your top free agents are off the board within a few days. It’s been three weeks since players filed for free agency and nothing. (19:55)
  • Do you think the Dodgers do something major this year or will it be another disappointing offseason for the fans? (23:30)
  • Do you think the Pirates sign Rhys Hoskins or settle for someone cheaper? (26:20)

Check out our past episodes!

  • Top Trade Candidates, Bryce Harper at First Base and the Braves’ Raising Payroll – listen here
  • Top 50 Free Agents Megapod (with Tim Dierkes, Steve Adams and Anthony Franco) – listen here
  • Juan Soto Speculation, Melvin and Zaidi in SF, and Boston Hires Breslow – listen here

KBO’s LG Twins Re-Sign Casey Kelly

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Right-hander Casey Kelly has re-signed with the LG Twins of the Korea Baseball Organization, tweets Jeeho Yoo of Yonhap. He’ll make $1.5MM for the 2024 season.

Kelly heads back to the Seoul-based franchise for a sixth season. MLB.com’s Jon Morosi suggested earlier this month that the 34-year-old could be on MLB radars. While it’s possible he found some amount of big league interest, he’s clearly comfortable with the KBO’s defending champions.

A former first-round pick of the Red Sox, Kelly struggled to a 5.46 ERA with three clubs over parts of four MLB seasons between 2012-18. He has been a durable and effective starter since making the jump to Korea for the 2019 campaign. He has started between 27 and 30 games in each of his five KBO seasons, topping 166 innings annually. This past season’s 3.83 ERA was the highest of any those years.

The Twins also re-signed outfielder Austin Dean last week. That duo is joined by newcomer Dietrich Enns as the team’s three foreign-born players. Righty Adam Plutko did not re-sign and is seeking MLB opportunities this winter.

Giants, Yusniel Diaz Agree To Minor League Deal

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Outfielder Yusniel Díaz has signed a minor league contract with the Giants, according to his transaction log at MLB.com. It isn’t clear if he’ll get an invitation to MLB Spring Training.

Díaz, 27, is a former top prospect from his early time in the Dodgers organization. The Cuban-born outfielder hit very well up through Double-A, leading to his inclusion in a 2018 deadline blockbuster. Los Angeles sent him to the Orioles as the headliner in the Manny Machado deal. Díaz entered the following season as Baltimore’s #1 prospect, in the estimation of Baseball America, which ranked him among the sport’s top 40 minor league talents overall.

The righty-hitting outfielder never built on his low minors success to become the player that many prospect evaluators envisioned. Díaz hit at a below-average level in Triple-A over parts of two seasons there. Baltimore called him to the majors at the very end of the 2022 season, but his only MLB experience consists of one game (in which he struck out in his only at-bat).

Díaz returned to the Dodger organization on a minor league deal last winter. Los Angeles assigned him back to Double-A Tulsa. Díaz had strong numbers there, hitting .278/.374/.484 with 16 home runs through 406 plate appearances. That came against generally younger competition but was enough to earn him another minor league deal this offseason. San Francisco president of baseball operations Farhan Zaidi was in the Dodgers’ front office for a couple seasons while Díaz was beginning his pro career.

Mariners Notes: Urias, Candelario, Murphy

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The Mariners traded their starting third baseman this afternoon, sending Eugenio Suárez to the Diamondbacks for reliever Carlos Vargas and catcher Seby Zavala. That leaves a few paths that Seattle could explore at the hot corner.

Internally, it seems recent trade acquisition Luis Urías has the upper hand on the job. Ken Rosenthal of the Athletic (X link) and Daniel Kramer of MLB.com each report that Seattle is likely to give Urías the third base job.

That’s a risky play for a team that expects to contend in 2024. The right-handed hitting Urías is coming off a disappointing season. He had hit only .145/.299/.236 in 20 MLB games for the Brewers early in the ’23 season, spending a good portion of the year on optional assignment to Triple-A. Milwaukee moved on at the trade deadline, sending him to the Red Sox. Urías’ production was improved but still pedestrian in Boston, where he hit .225/.361/.337 over 32 contests.

It was essentially a replacement level showing overall. Urías looked like a roughly average regular over the preceding two seasons in Milwaukee. He had hit .244/.340/.426 in a little over 1000 plate appearances between 2021-22. He combined for 39 home runs with a strong 10.8% walk rate and standard 20.6% strikeout percentage.

The M’s clearly believe that he’ll bounce back from his 2023 season. Seattle dealt reliever Isaiah Campbell to Boston for Urías, who had seemed a non-tender candidate before that trade. MLBTR contributor Matt Swartz forecasts him for a salary in the $4.7MM range for his penultimate arbitration season. While hardly an overwhelming sum, it’s not an entirely insignificant amount for a player who had fallen down the infield depth charts in Milwaukee and, to a lesser extent, Boston.

With four months remaining in the offseason, there’s obviously plenty of time for the Seattle front office to bring in another option. MLB.com’s Jon Morosi floated the possibility of a run at free agent Jeimer Candelario, although it’s not clear if that’s something the Mariners are actually considering. The switch-hitting Candelario is coming off a far better offensive showing than Urías is. Between the Nationals and Cubs, he ran a .251/.336/.471 batting line with 22 homers in 576 plate appearances.

There’d be a viable roster fit for Candelario even if the Mariners wanted Urías to play every day. The latter has plenty of second base experience in his big league tenure. Seattle has a few options at the keystone — Josh Rojas and José Caballero primary among them — but none who stands a clear regular.

A run at Candelario would be out of character for a front office that has shied away from adding offensive talent in free agency. The M’s have rather incredibly not signed a single free agent position player to a multi-year contract in seven offseasons under president of baseball operations Jerry Dipoto. MLBTR predicts Candelario for a four-year, $70MM guarantee.

While the trade adds some uncertainty to the infield, Zavala now seems the choice to back up Cal Raleigh behind the plate. Kramer writes that the M’s are no longer planning to pursue a reunion with veteran backstop Tom Murphy. He’d played in Seattle since 2019, struggling with injuries but generally making a strong power impact in limited playing time. Murphy hit .250/.324/.460 over his Mariners tenure. He has a shot at a two-year deal in his first trip to free agency.

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