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Archives for 2024

Matt Brash Could Face Lengthy Absence

By Steve Adams | February 29, 2024 at 11:25am CDT

Feb. 29: The Mariners are hoping to have a formal update on Brash’s status tomorrow, manager Scott Servais said Thursday (X link via Divish).

Feb.  28: Mariners setup men Matt Brash and Gregory Santos were both shut down last week due to arm troubles, and while it appears there’s good news on one, the outlook on the other is ominous. Ryan Divish of the Seattle Times reports that Santos played catch yesterday and is beginning a throwing progression, but Brash is potentially facing an “extensive” absence. There’s some concern that Brash’s entire 2024 season may be in jeopardy, per Divish.

An absence of even moderate length for Brash would be a critical blow for the Mariners, who acquired the hard-throwing righty in a heist of a trade with the Padres and have since watched him blossom into a top prospect and potentially elite reliever. Brash’s 3.06 ERA in 70 2/3 innings last season is an impressive mark on its own, but that number doesn’t appropriately highlight some off-the-charts secondary metrics and a sensational four-month finish to close out the 2023 season.

Even as Brash posted a pedestrian 4.28 ERA through the season’s first two months, he was striking out a staggering 39.8% of his opponents against a respectable 8.9% walk rate. Fielding-independent metrics like FIP (1.92) and SIERA (2.34) were far, far more bullish on his work than his more rudimentary ERA.

Those numbers indeed proved a portent for a breakout. From Memorial Day weekend through season’s end, Brash turned in a sensational 2.36 ERA. His strikeout rate in that time clocked in at 32.4% against a 9.7% walk rate. Brash averaged a blistering 98.2 mph on his heater, generated swinging strikes at a hefty 15.4% clip and induced chases off the plate at a 33.6% rate — all while keeping the ball on the ground at a solid 44.4% clip. He finished the season with four saves and another 24 holds. Skeptics may want to see him sustain that over a full season or two, but that overpowering stretch had all the characteristics of one of MLB’s best relievers.

Unfortunately, it seems Brash might not get the opportunity to prove he can sustain that breakout for some time. Neither the team nor the player himself has provided any specifics as to the nature of the arm injury with which he’s dealing. Brash downplayed the issue last week, telling Divish and others that he’s simply “banged up,” while GM Justin Hollander merely stated that the hope was for Brash to return to a throwing program sooner than later. The lack of any real detail on the injury seemed foreboding at the time.

If the 25-year-old Brash is indeed going to be sidelined for a substantial portion — or, far worse, the entirety — of the 2024 campaign, a strong Mariners bullpen will take an unequivocal hit. Seattle relievers were fourth in the Majors with a 3.48 ERA last season and led the big leagues with a 3.64 SIERA. Brash played a major part, as did the since-traded Justin Topa, who went to the Twins as part of the Jorge Polanco deal.

The surprise acquisition of Santos late in the offseason helped to compensate for Topa’s departure, but a major injury for Brash would be difficult to overcome. His production throughout the summer and down the stretch in 2023 simply isn’t the type of performance that can be readily replaced.

The Mariners would still have one of the game’s best relievers, Andres Munoz, closing out games. Santos would headline a setup corps also featuring Gabe Speier, Trent Thornton and Tayler Saucedo — all of whom posted solid numbers in 2023 but have minimal big league track records.

There’s also still at least one notable reliever in free agency (Ryne Stanek), and the Mariners have had perhaps more success than any team in MLB at converting unheralded waiver pickups and minor league signees into impact relievers in recent years. Flamethrower Carlos Vargas, acquired in the Eugenio Suarez trade, is one power-armed candidate for such a breakout in Seattle. None of that takes away from the magnitude of a notable Brash injury, and at this stage of the offseason, the options to make a move to counteract such a significant loss are limited.

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Seattle Mariners Gregory Santos Matt Brash

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Rays Re-Sign Francisco Mejia To Minor League Deal

By Steve Adams | February 29, 2024 at 10:40am CDT

10:40am: The deal is now official. The Rays announced Mejia has been signed to a minor league pact and invited to spring training.

10:00am: The Rays are finalizing a deal to bring free agent catcher Francisco Mejia back to the organization, reports Marc Topkin of the Tampa Bay Times. It’ll be a minor league contract with an invite to spring training for the ISE client. Mejia was granted his release from a minor league deal with the Angels last month.

Tampa Bay currently plans to deploy defensive standout Rene Pinto as its starting catcher, and non-roster invitee Alex Jackson has been expected to serve as his backup. Topkin adds that those plans remain unchanged even with Mejia on the brink of returning to the organization he played for from 2021-23. Mejia will give the Rays a depth option behind that unproven tandem for the time being. Injuries or poor performances — either in spring training or early in the season — can always change that equation, of course.

The 28-year-old Mejia was once considered one of baseball’s top all-around prospects, but he’s yet to hit at the big league level despite a strong .306/.350/.519 track record at the Triple-A level (633 plate appearances). In 1098 plate appearances in the majors, Mejia owns a tepid .239/.284/.394 slash between three organizations (Cleveland, San Diego, Tampa Bay). The switch-hitter has been twice traded in the past, going from Cleveland to San Diego in 2018’s Brad Hand trade and from San Diego to Tampa Bay in 2020’s Blake Snell trade.

Mejia’s first season with the Rays showed some promise. He hit .260/.322/.416 with six homers and a hefty 22 doubles in just 299 trips to the plate. Things have gone south since that encouraging Rays debut, however, as his bat has faded while his defensive grades have dropped off precipitously. Mejia has long graded as a below-average framer, and in 2023 he threw out just four of 42 runners attempting to steal against him. Statcast also ranks him as one of the least-effective catchers in the game when it comes to blocking pitches in the dirt.

Those shortcomings notwithstanding, Mejia is a switch-hitter with an excellent offensive track record in the upper minors, and the Rays are thinner at catcher than the majority of teams in the sport. Pinto, Jackson and 34-year-old non-roster invitee Rob Brantly are the only catchers in the organization with MLB experience. Brantly has 456 big league plate appearances across parts of eight seasons. Neither Pinto nor Jackson has recorded even 200 MLB plate appearances.

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Tampa Bay Rays Transactions Alex Jackson Francisco Mejia Rene Pinto

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Improvements To Our MLB Contract Tracker

By Tim Dierkes | February 29, 2024 at 10:10am CDT

Our MLB Contract Tracker is an amazing research tool, full of features and capabilities you can’t get anywhere else.  You can filter by player name, team, position, batting handedness, throwing handedness, contract type (MLB deal, minor league deal, extension), number of years, amount of total money, average annual value, type of option, age in the first year of the deal, age in the last year of the deal, service time for those who signed extensions, Super Two status, qualifying offer status, agency at the time of signing, and any date range from 10-5-09 to present.  Subscribe to Trade Rumors Front Office today to gain access!

We just finished data entry for the 2009-10 offseason, which was led by Matt Holliday, John Lackey, and Jason Bay.  Was anyone around here back then?  Throughout the year, MLBTR’s Mark Polishuk and Bryan Grosnick will continue working backward to add more years to the database.  Of course, the MLB Contract Tracker is also updated daily as new deals come in.  Before you know it, we’ll have Jackson Holliday in there.

For the real contract data nerds, we have also upgraded our service time filter.  Now, we have a checkbox for players who signed extensions with zero MLB service:

We have also refined the service time filter so that you can select custom ranges.  For example, here’s a search of starting pitcher extensions for those with at least two and less than four years of MLB service:

We’re proud of the work that goes into the MLB Contract Tracker.  Subscribe today and gain access to this tool as well as exclusive articles, while also removing ads from this website!

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Uncategorized

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Giants’ Tristan Beck Diagnosed With Aneurysm In Upper Arm

By Steve Adams | February 29, 2024 at 10:07am CDT

Feb. 29: The Giants announced this morning that Beck has been diagnosed with an aneurysm in his upper arm. He’s currently weighing his treatment options. The team will likely have more information in the coming days.

There’s no firm timetable on how long Beck might be sidelined, but manager Bob Melvin told reporters that he won’t be on the Opening Day roster (X link via Shayna Rubin of the San Francisco Chronicle). The Giants appear to be anticipating a fairly lengthy absence, though Melvin did not rule out the possibility that Beck could pitch for them at some point this season.

Feb. 27: Giants right-hander Tristan Beck has left the team’s spring complex and is traveling back to San Francisco to undergo testing after experiencing discomfort in his right hand, the team announced to reporters (X link via Alex Pavlovic of NBC Sports Bay Area). The team will provide further updates in the coming days.

Beck, 27, becomes the second Giants starter to incur an injury of some sort in camp. Fellow righty Keaton Winn has been slowed by a nerve issue in his pitching elbow. He resumed throwing Sunday but is at least a week behind the rest of the group. That’s good news, but early injury troubles for the Giants’ presumptive fourth and fifth starters is nevertheless unsettling — particularly given the patchwork nature of the starting staff behind ace Logan Webb.

The Giants are relying on Winn, Beck, top prospect Kyle Harrison and reliever-turned-starter Jordan Hicks to shoulder the bulk of the workload in the rotation. In terms of proven big league starters, it’s among the thinnest rotations in the game. Veterans Alex Cobb and Robbie Ray will eventually join that group, but both will very likely open the season on the injured list. Ray will be sidelined into the season’s second half as he recovers from last May’s Tommy John surgery. Cobb is on the mend from October hip surgery. A precise return date isn’t clear, but Pavlovic suggested a couple weeks back that Cobb was hoping to be cleared to face hitters by the end of spring training. That trajectory would likely sideline him into May, at the very least.

Beck came to the Giants by way of the 2019 trade that shipped former closer Mark Melancon to Atlanta. The former fourth-round pick made his MLB debut in 2023, pitching 85 innings of 3.92 ERA ball with a below-average 19.2% strikeout rate but a strong 5.9% walk rate. Most of that work came as a multi-inning reliever, however. Beck appeared in 33 games for San Francisco but made just three starts. He completed five innings only three times all season — twice in long relief and once in a start that marked his final appearance of the year.

Another injury scare for a Giants starter will only further spark speculation about the possibility of the Giants adding to the rotation. President of baseball operations Farhan Zaidi has downplayed the potential for any notable acquisitions following the team’s signing of Jorge Soler, but the Giants remain one of the most obvious fits for high-profile free agents like Blake Snell and Jordan Montgomery — both in terms of actual roster need and from a payroll vantage point. The team’s projected $164MM Opening Day payroll (via Roster Resource) is more than $36MM south of the franchise-record $200.5MM mark set back in 2018, and the Giants are also about $24MM shy of the luxury-tax threshold.

If the Giants are strictly averse to shelling out the requisite years and dollars needed to bring in Snell or Montgomery, there are still alternatives on the free agent market. Michael Lorenzen and Mike Clevinger remain unsigned, as do rebound candidates like Eric Lauer, Jake Odorizzi and Noah Syndergaard (to name a few).

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San Francisco Giants Tristan Beck

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The Opener: Skenes, Holliday, Muncy, Stanek

By Nick Deeds | February 29, 2024 at 8:49am CDT

With the final day of February upon us, here are three things we’ll be keeping an eye on around the baseball world throughout the day today:

1. Skenes vs. Holliday:

Prospect lovers won’t want to miss today’s game between the Pirates and Orioles, where the first-overall picks of the past two seasons are set to clash. Right-hander Paul Skenes, the No. 1 pick of the 2023 draft and a consensus top-10 prospect in the game, is poised to face shortstop Jackson Holliday, the top pick of the 2022 draft and the consensus top prospect in the entire sport. Fans interested in seeing the matchup won’t have to wait very long, as Holliday told reporters this morning (including MLB.com’s Jake Rill) that he’s set to open the top of the first inning today as Baltimore’s lead off hitter, leaving him to be the very first batter Skenes faces today. If that matchup isn’t enticing enough for you, Skenes will be taking the mound opposite newly-minted Orioles ace Corbin Burnes. First pitch is scheduled for 12:05pm CT this afternoon.

2. Muncy to undergo testing:

Dodgers infielder Max Muncy was struck in the hand by a pitch from Rangers left-hander Cody Bradford during yesterday’s game, with USA Today’s Bob Nightengale relaying that the slugger has been diagnosed with a contusion, according to manager Dave Roberts. The Dodgers’ skipper added that Muncy is set to undergo “precautionary” x-rays today. A mainstay of the L.A. lineup since he broke out with the club during the 2018 season, Muncy has slashed .230/.356/.486 in 751 games while clubbing 175 homers in a Dodgers uniform. That includes last year’s .212/.333/.475 slash line, which was good for a wRC+ of 118. Should Muncy miss time due to the injury, the club would likely be left to turn to youngster Miguel Vargas at the hot corner to open the season.

3. Where will Stanek land?

While most discussion of the free agent market has been focused on the “Boras Four” in recent weeks, right-hander Ryne Stanek stands out as the clear best reliever remaining on the open market. While his 4.09 ERA and 4.60 FIP last year were both rather pedestrian, he’s just one season removed from dominating to a 1.15 ERA and 3.05 FIP in 54 2/3 innings of work and sports a strong 27.8% strikeout rate for his career. Those numbers would make him at least a solid middle reliever for any bullpen in the majors. The righty has been connected to the Cubs, Red Sox, and Mets so far this winter, though other clubs are surely also in the mix.

Stanek’s market has been quiet since the calendar flipped to February. Chicago has seemingly backed off its pursuit despite mutual interest, while the Mets added a different high-octane bullpen arm to their mix in Shintaro Fujinami. It’s possible that injuries around the game could spur a club to shore up their bullpen mix with Stanek as Spring Training continues; yesterday alone saw injury scares for the Guardians and Mariners (Trevor Stephan and Matt Brash, respectively). Will the veteran righty’s market begin to pick up as the calendar flips to March?

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The Opener

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MLBTR Podcast: How Cody Bellinger’s Deal Affects The Other Free Agents And Why The Offseason Played Out Like This

By Darragh McDonald | February 28, 2024 at 11:59pm CDT

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 Tim Dierkes of MLB Trade Rumors to discuss…

  • The Cubs re-signing Cody Bellinger (1:40)
  • How did he end up with a short-term deal? (3:35)
  • Why would he not take a deal of around six years, $150MM? (5:00)
  • Was this about Bellinger’s Statcast metrics? (8:00)
  • Would Bellinger have gotten a megadeal in a different winter? (11:15)
  • Is there a gulf widening between what superstars can make and what mid-market players can make? (15:55)
  • How does the Bellinger deal affect expectations for the other Boras guys? (19:35)

Plus, we answer your questions, including…

  • We have some brand-name starting pitchers who will be signing contracts after Spring Training games have begun. Historically, how have previous late signings fared after starting their seasons so late? (27:00)
  • Does the Aaron Nola deal look terrible in hindsight? In my opinion, he’s not as good as Blake Snell or Jordan Montgomery and Nola got more than every pitcher except for the Dodgers’ guys. Do the Sonny Gray and Eduardo Rodríguez deals look smarter than Nola’s too? (30:30)
  • What is the feeling around Juan Soto and where he might be in 2025? I feel like he’s gonna stick with the Yankees but everyone seems to think it’s a one-year location for him. (34:10)

Check out our past episodes!

  • Finding Fits For The “Boras Four,” Which Teams Could Still Spend? And Rob Manfred In His Last Term – listen here
  • Jorge Soler, Veteran Catcher Signings and the Padres’ Payroll Crunch – listen here
  • The Sale of the Orioles, Corbin Burnes Traded and Bobby Witt Jr. Extended – listen here

The podcast intro and outro song “So Long” is provided courtesy of the band Showoff.  Check out their Facebook page here!

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Chicago Cubs MLB Trade Rumors Podcast New York Yankees Philadelphia Phillies Cody Bellinger

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The Cubs’ Third Base Possibilities

By Anthony Franco | February 28, 2024 at 11:25pm CDT

Few teams have been linked more prominently to Matt Chapman this offseason than the Cubs. Chicago’s recent move to re-sign Cody Bellinger on an $80MM guarantee makes that decidedly less likely. Chapman remains on the open market but the Bellinger deal pushed the Cubs to the edge of the luxury tax threshold.

There aren’t many other external options. Maybe there’s a trickle-down effect once Chapman does sign — the Giants may be the favorite for his services and could market J.D. Davis if they landed him — but the Cubs seem likelier to stick with their in-house candidates. President of baseball operations Jed Hoyer suggested at the Bellinger press conference that Chicago feels good about the roster as it stands, although he said the front office would consider opportunities that might present themselves.

Let’s run through the current options to take the hot corner:

  • Nick Madrigal

While Madrigal doesn’t look the part of a third baseman, he narrowly led the team in playing time there last season. Previously a career-long second baseman, Madrigal handled himself well defensively. Statcast credited him with 10 runs above average in only 560 1/3 innings. The range he’d shown in the middle infield remained on display. Before he moved across the diamond, there was concern about his arm strength. That wasn’t much of an issue. Madrigal doesn’t have a great arm, but it’s not poor enough to prevent him from making most plays.

The bigger question is whether he hits enough to profile as a regular anywhere on the diamond. Madrigal’s very slight frame leads to minimal power projection. He has preternatural bat-to-ball skills but needs to hit a lot of singles to compensate for the lack of power and very low walk rates. Last season’s .263/.311/.352 batting line in 294 plate appearances more closely resembled utility production.

  • Patrick Wisdom

Wisdom has the polar opposite profile from Madrigal. He has massive raw power and has topped 20 homers in three straight seasons. He connected on 23 longballs in only 302 plate appearances a year ago. While Madrigal has perhaps the best pure contact ability of anyone in the majors, Wisdom swings and misses as much as any regular. He fanned in nearly 37% of his plate appearances last season, a rate he has matched over three-plus years in Chicago.

The end result was a .205/.289/.500 slash. Chicago valued his power production enough to keep him around on a $2.725MM arbitration contract. That’s not an exorbitant cost for a right-handed bench bat, a role that probably suits Wisdom better than playing regularly at third base. He has an above-average arm but limited range, leading to subpar defensive grades in each of the last two years.

  • Christopher Morel

Morel, 24, might have the best physical tools for the job. He has big power, blasting 26 homers in 107 games a year ago. Morel has hit 42 longballs over his first 854 MLB plate appearances. That comes with a lot of strikeouts, albeit not quite at Wisdom levels. He punched out 31% of the time last season, hitting .247/.313/.508 in 429 trips.

Even with a lot of whiffs, Morel is a valuable hitter. He has had a much harder time on the other side of the ball. Despite being a good athlete with top-of-the-scale arm strength, Morel has rated poorly in the outfield and in a very limited sample of third base work. Hoyer suggested early in the offseason the Cubs felt he’s best suited at second base, but Nico Hoerner has that position secure in Chicago.

That makes third base the logical choice. Manager Craig Counsell told reporters that they’ll play Morel primarily at the hot corner this spring (link via Meghan Montemurro of the Chicago Tribune). It’d be a major boost for the Cubs if he’s capable of handling the position. If he doesn’t show the necessary hands or instincts to play there regularly, they’d be left looking for ways to shoehorn his bat into the lineup.

——————————

The job is likely to fall to someone from that trio early on, with Madrigal and Morel standing as the likeliest options. Miles Mastrobuoni picked up 24 starts there last season. He remains on the 40-man roster but projects for a depth role after hitting .241/.308/.301 through 145 plate appearances.

Trade acquisition Michael Busch logged a bit of third base action as the Dodgers experimented with ways to get him into the lineup. He’s not a particularly good defender anywhere, the biggest reason he never forced his way into everyday reps in Los Angeles. The Cubs are planning to give him more regular run at first base, although he could theoretically move across the diamond from time to time if Chicago moved Bellinger to first base to plug Pete Crow-Armstrong into center field.

The Cubs entered the 2023 season with a similar group as they have now. They addressed the position at the deadline with the Jeimer Candelario trade. That could be the path again — Davis and Brandon Drury are among the players who could move this summer — but there’s also a chance that last year’s first-round pick forces his way to Wrigley Field midseason.

Matt Shaw is already viewed as one of the sport’s most promising minor league hitters. The Maryland product shredded pro pitching at a .357/.400/.618 clip after the draft. He only has 15 games of Double-A experience, so he won’t be an option on Opening Day. As an advanced college bat, he could get to the big leagues by the end of his first full professional season. Shaw was a middle infielder with the Terps, but third base is the clearest path to an MLB debut in 2024.

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Chicago Cubs MLBTR Originals Christopher Morel Nick Madrigal Patrick Wisdom

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Padres Remain Interested In Outfield Addition

By Anthony Franco | February 28, 2024 at 9:11pm CDT

The Padres continue their search for an established outfielder, writes Dennis Lin of the Athletic. Free agent Tommy Pham remains a possibility, Lin indicates. San Diego’s regular season opener is just three weeks away.

Lin first reported the Padres had given some consideration to Pham at the beginning of the month. While San Diego has since added Jurickson Profar on a $1MM pact, that’s not a huge impediment to bringing in another outfielder. San Diego still has only three outfielders on the 40-man roster: Fernando Tatis Jr., José Azócar and Profar.

Regardless of whether they add anyone else, they’re sorting through a few non-roster players battling in camp. None is more exciting than 20-year-old Jackson Merrill. San Diego is working out the top shortstop prospect in the outfield this spring. Kevin Acee of the San Diego Union-Tribune wrote this afternoon that Merrill seems increasingly likely to secure a spot on the Opening Day roster.

The Padres wouldn’t call Merrill up if they weren’t going to give him everyday run. He’d be making the jump past Triple-A. The former first-round pick split last year between High-A and Double-A. Merrill put up a .273/.338/.444 line in 211 plate appearances with Double-A San Antonio. That’s solid work in the pitcher-friendly Texas League, although it doesn’t guarantee he’ll find success against big league pitching right away.

Depending on potential acquisitions, the Padres could offer Merrill regular run in either left or center field. Pham would be limited to left field. Landing him would kick Profar to the bench and provide an upgrade to the lineup. Pham is coming off a .256/.328/.446 slash with 16 homers and 22 steals through 481 plate appearances between the Mets and Diamondbacks. He’s a known quantity for the front office after playing in San Diego from 2020-21.

Adding a corner outfielder would leave Merrill competing with Azócar and perhaps Jakob Marsee for the center field job. Azócar is a good runner and defensive specialist who has hit .249/.292/.341 in 153 big league games. Marsee, 22, only has 16 games above High-A. He posted excellent numbers at High-A Fort Wayne a year ago, running a .273/.413/.425 line with 41 steals and more walks than strikeouts. Prospect evaluators generally rank him as a solid but not elite minor league talent. He’s widely projected as a fourth outfielder based on strong strike zone awareness with limited power.

Each of Oscar Mercado, Bryce Johnson, Cal Mitchell and Tim Locastro are in camp on minor league deals. None of them is likely to step into an everyday role, but there should be room for at least one to secure a bench spot. Michael A. Taylor is the only potential regular center fielder left on the free agent market. Pham, Adam Duvall and Eddie Rosario are the top corner options. There’s still some activity on the trade front, as this week’s deal sending Manuel Margot to Minnesota demonstrates. While the Padres have been loosely connected to Jarren Duran and Sal Frelick in trade rumors, there’s no indication they made any headway in those discussions.

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San Diego Padres Jackson Merrill Tommy Pham

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Boras, Hoyer Discuss Bellinger Signing

By Anthony Franco | February 28, 2024 at 7:28pm CDT

The Cubs reintroduced Cody Bellinger at a press conference this morning. The two-time All-Star was alongside agent Scott Boras and Chicago president of baseball operations Jed Hoyer to discuss his protracted free agent process (link to the full presser).

At the start of the offseason, few would’ve expected Bellinger settling for a three-year guarantee worth $80MM. His camp began the winter in search of a much larger offer, reportedly seeking upwards of $200MM. Unsurprisingly, no one confirmed the precise contract terms that Bellinger had sought, although the former MVP conceded he initially expected an extended deal.

“Yeah, I think there’s definitely that thought that goes into it,” Bellinger said when asked if he anticipated signing a long-term contract. “Ultimately, that’s the goal. … I talked to Scott continuously to see what was going on. At the end of the day, I’m super excited how it all worked out. Yes, obviously (thought about a longer deal), but I’m very excited with it all and very happy to get going.”

With the offseason nearing an end, it’s clear that teams weren’t going to meet Bellinger’s asking price on that kind of contract. At that point, he moved to the much shorter term with the ability to opt out and retest free agency in either of the next two offseasons. He’ll collect $30MM for the upcoming season. If he repeats his 2023 production, he’ll almost certainly take another swing at a massive contract — this time without a qualifying offer attached and with potentially greater confidence around the league that he has put his dismal 2021-22 campaigns behind him.

Boras suggested that Bellinger was always targeting one of those outcomes: either an especially long-term deal or a short-term pact with opt-outs. “Cody and I agreed that we’re going to look at this in a couple ways. We’re going to have two positive outcomes for this process. … Our dynamic was to determine what it was on the other end with a contract of great length. As we got through that process and looked to it, that’s certainly where we let Jed know that on something like this — with this kind of structure, with this kind of flexibility, with these kinds of things, is what we’re looking for. We had mutual agreement and understanding that this type of structure was agreeable to both of us.”

Bellinger’s youth certainly plays a part in that. He turns 29 in July, leaving open the possibility of seeking another long-term pact next winter. His camp seemed to prefer that to locking in a five- or six-year contract that would’ve guaranteed more than $80MM but wasn’t close to his initial asking price and wouldn’t have allowed him to get back to the market.

The short term with the higher annual salary works well for the Cubs. Bellinger offers cover in both center field and at first base. Chicago had been set to turn to highly-touted but unproven players in Pete Crow-Armstrong and Michael Busch at those respective positions. The move pushes the Cubs to a franchise high in terms of player spending.

RosterResource calculates their 2024 payroll around $222MM. They’re at $234MM in estimated luxury tax commitments, just below the $237MM base threshold. It’s probable the Cubs will up end up paying the CBT if they’re as competitive as they hope. Even if this is their final move of the offseason, any salary taken on in midseason acquisitions counts against the CBT on a prorated basis.

Hoyer predictably declined to answer when asked if ownership was willing to pay the luxury tax. He noted that it’s his “expectation” they’ll carry this roster into the season, although he indicated the front office will stay open to opportunities. “Obviously, we’re never going to stop looking. Never put a final nail in that because things come up all the time — trades, free agents. But, it’s the 28th of February, so I think that’s the expectation, though I would never rule anything out.“

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Chicago Cubs Cody Bellinger

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Latest On Mets’ Rotation Plans

By Anthony Franco | February 28, 2024 at 4:56pm CDT

The Mets have remained in contact with representatives for some free agent starters, write Tim Britton and Will Sammon of the Athletic. Britton and Sammon report that right-hander Michael Lorenzen is one of the players with whom New York has touched base.

It doesn’t seem that’s reflective of strong current interest in the 2023 All-Star, however. The Athletic writes that the Mets may be keeping lines of communication open with starters in case they lose another member of their rotation to injury. Presumptive Opening Day starter Kodai Senga suffered a strain in his throwing shoulder last week and isn’t expected to be ready until sometime in May.

[Related: Let’s Find A Home For Michael Lorenzen]

Baseball operations president David Stearns said in the wake of the Senga injury that he didn’t anticipate it’d lead to increased urgency to add another starter. Even if that’s currently the case, losing someone else in the next couple weeks could change the calculus. David Peterson is also out into the middle of the season after undergoing an offseason labrum repair in his left hip.

At the moment, the starting five projects as Luis Severino, José Quintana, Sean Manaea, Adrian Houser and one of José Butto, Tylor Megill or Joey Lucchesi. Waiver pickup Max Kranick also holds a 40-man roster spot. The Mets haven’t added any non-roster starting pitchers with MLB experience this offseason. It’s a reasonably deep group but one without a clear top-end arm while Senga is on the shelf.

To that end, Joel Sherman of the New York Post wrote yesterday that the Mets should consider pursuing Jordan Montgomery. The left-hander would knock everyone else down a notch on the rotation depth chart. Unlike Blake Snell, he wouldn’t cost the team a draft choice, since Montgomery was ineligible for a qualifying offer because of a midseason trade. It’s unclear how much his camp is still seeking. Montgomery was reportedly looking for a deal exceeding the seven years and $172MM which Aaron Nola secured early in the offseason. This deep into the winter, a four- or five-year pact appears much more likely.

The Mets still don’t appear willing to make that level of commitment. SNY’s Andy Martino writes that the Mets haven’t been involved on Snell or Montgomery. Martino adds that they’re unlikely to land a starter from the next tier of free agency (e.g. Lorenzen, Mike Clevinger) unless those players’ asking prices fall. Instead, Martino suggests they’re likely to explore depth additions who could be cut loose by another team at the end of Spring Training or would be amenable to a minor league pact.

New York would need to pay a 110% tax on any spending since they’re in the final tier of luxury penalization and have exceeded the threshold in three straight years. Signing Montgomery for $22MM annually, to use a hypothetical, would cost the Mets more than $46MM for the upcoming season after taxes — $22MM to the player, $24.2MM in CBT fees. Signing Lorenzen or Clevinger to a $10MM contract would cost the team $21MM.

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