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Three Yankees Eligible For Fourth Option Year In 2024

By Nick Deeds | January 6, 2024 at 4:12pm CDT

Yankees infielder Oswald Peraza and right-handers Luis Gil and Yoendrys Gomez are each eligible for a fourth option year in 2024, according to a report from Greg Joyce of the New York Post.

Typically, players have three option seasons with one used each season during which the player spends at least 20 days on optional assignment in the minor leagues. A player is considered to be on optional assignment when on a club’s 40-man roster but sent to the minor leagues while not on a rehab assignment. Both Peraza and Gomez were first added to the club’s 40-man roster back in November of 2020 and has been optioned to the minor leagues in each of the three seasons since, spending at least 20 days in the minor leagues each time. Under normal circumstances, that would leave them out of options headed into the 2024 season, meaning the Yankees would either have to expose either player to waivers before attempting to return him to the minor leagues.

Occasionally, teams are granted a fourth option year on certain players, typically due to the player missing significant time with injury. MLB.com explains that players with less than five full professional seasons (defined as at least 90 days on a major or minor league active roster) are eligible for a fourth option year. In Gomez’s case, the right-hander spend significant time on the injured list in both 2021 and 2022 due to a combination of COVID-19, shoulder issues and Tommy John surgery. That time spent rehabbing left him without full professional seasons in either year. Meanwhile, Peraza spent less than 90 days on active rosters in both 2018 and 2019, meaning the infielder has just four full professional seasons: in 2017, 2021, 2022, and 2023.

Gil’s situation is somewhat different than that of Gomez and Peraza, as the 25-year-old was actually added to the 40-man roster back in late 2019 and optioned during the 2020, 2021, and 2022 campaigns. However, the right-hander underwent Tommy John surgery in May of 2022 and did not return to a major or minor league active roster until September of 2023, meaning Gil did not participate in a full professional season in either of the past two years, making him eligible for a fourth option year as well.

The news provides the Yankees with additional roster flexibility regarding the three youngsters. Peraza, in particular, appeared headed into the 2024 season confined to a bench role backing up the club’s current infield mix of Anthony Volpe, DJ LeMahieu, Gleyber Torres and Anthony Rizzo. The additional option year will allow the club to get regular playing time in the minors for Peraza, who has excelled defensively but sports a slash line of just .216/.298/.306 in 70 career games at the major league level, as the 23-year-old looks to continue his development while blocked at the big league level.

Meanwhile, the option years afforded to Gil and Gomez will provide the Yankees with optionable depth in both the rotation and bullpen, a valuable resource the Yankees appeared to be running low on after sending a five-player package including 2023 depth starters Randy Vasquez and Jhony Brito to the Padres as the return for star outfielder Juan Soto. Gomez made his big league debut in 2023 with a single  appearance where he struck out four while allowing a hit and hitting a batter across two scoreless innings. Gomez’s major league debut served as a capstone for a solid 2023 campaign where he pitched to a 3.58 ERA in 19 starts at the Double-A level. As for Gil, the righty last pitched a full season in 2021 but made six starts for the big league club that year, pitching to a 3.07 ERA with a 29.5% strikeout rate in 29 1/3 innings of work.

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New York Yankees Luis Gil Oswald Peraza Yoendrys Gomez

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37 Comments

  1. Mercenary.Freddie.Freeman

    1 year ago

    Of course the Yankees got extra option years. Who is surprised?

    5
    Reply
    • DarkSide830

      1 year ago

      Uh, no one? The calculation on who might get one is generally fairly easy from what I understand.

      8
      Reply
    • Juggy

      1 year ago

      Jealousy will get you everywhere in life my man

      6
      Reply
    • YanksPhan42

      1 year ago

      It’s goes by a formula….not feelings

      12
      Reply
  2. bhambrave

    1 year ago

    I wouldn’t exactly say that the players were eligible or afforded the 4th year, because it’s to the team’s benefit. I’d characterize it as the teams being granted a fourth year on the players. Just my humble opinion.

    4
    Reply
    • filihok

      1 year ago

      bhamB

      “Just my humble opinion.”

      You’re absolutely correct. It’s just a way to drive down player salaries

      1
      Reply
  3. Crash_n_burn

    1 year ago

    The Yankees should trade Peraza to a SS needy team like Miami asap, he is blocked on the roster, and holding on to him for too long while his value craters isn’t ideal, the Yankees did that for a bunch of their blocked prospects lately.

    3
    Reply
    • GhostofRandySavage

      1 year ago

      They match up well for a trade for sure. I think Peraza could end up being a better player than Volpe. I feel like he’d rake in Miami with consistent ab’s.

      4
      Reply
      • Crash_n_burn

        1 year ago

        Exactly, Miami needs a SS since they plan on keeping Jazz in CF, not saying a 1-1 deal but would it kill the Yankees to ask what it would take to get Edward Cabrera out of there?
        Miami isn’t moving their other young guys that easy, I know Cabrera’s walks are a concern, but maybe the Yankees pitching guys can correct that.
        But most likely what will happen is Peraza will go the way of the others before him cause the Yankees won’t move him yet don’t have any place for him to play.

        1
        Reply
        • stymeedone

          1 year ago

          Jazz was never an option for SS. He wasn’t a great 2B. They should just sign a FA. Its not like they are used to SS that can hit. Nick Ahmed will do fine on a one year.
          Its always told that the Yankees held on to their (non) prospects too long. Could it be instead, that other teams weren’t fooled, and Cashman did try to trade them?
          Miami can claim SS Cabrera when he’s DFAd by NYY in ’25.

          Reply
      • dasit

        1 year ago

        yankees seem to have fallen in love with volpe’s “makeup.” i like the guy and he’s easy to root for but there’s a parallel universe where peraza gets 600 at-bats in 2023 instead of volpe and the team is better off long term

        3
        Reply
        • YankeesBleacherCreature

          1 year ago

          I’d say let Peraza have a full ST and get a couple of months at AAA. He needs to play every day. They can make a decision on Gleyber Torres at the deadline.

          2
          Reply
    • ctbronx7

      1 year ago

      Hold onto Peraza. I am not sold on Volpe as a hitter. Swinging and missing like Rob Deer or Kyle Schwarber is the recipe for a short and forgettable run in the majors.

      Since Rawson the new batting coach shares the same philosophy as Launch Angle Lawson, it’s unlikely anyone on the staff will try to turn Volpe into a contact hitter.

      Reply
      • YankeesBleacherCreature

        1 year ago

        Volpe has never been a contact hitter even in the minors. A 20/20 rookie season in NY is pretty good. I’ll take it if that’s his floor.. I do agree that he has to cut down on his strikeouts and walk more.

        Reply
    • Gasu1

      1 year ago

      There’s some theory that Gleyber will be the one to leave.

      Reply
      • GhostofRandySavage

        1 year ago

        I hope he isn’t, but you never know. He’s the yanks second best right-handed hitter in my opinion (sorry giancarlo), I think they need him in that lineup.

        1
        Reply
        • YankeesBleacherCreature

          1 year ago

          Why try to trade a healthy and productive player in his walk year? It’s not like the Yankees have an easy replacement at 2B.

          Reply
  4. Astrosfn1979

    1 year ago

    Feels like a stretch for Peraza. His injures were years ago and his past 3 seasons have been full.

    MLB continues to make decisions that restrict young players to indentured servitude. It will now potentially be another year before he can file for FA limiting his potential career earnings. Maybe keep him in minors when another team may have an MLB spot for him.

    This needs to be adjusted so that it is used for players who have missed time recently or, at least in, high A, AA, or AAA which are the mist important levels to develop from potential to legitimate player.

    3
    Reply
  5. 178iq

    1 year ago

    They play money ball. Numbers numbers numbers…… they will likely finish Under .500 this easily and any players that have opt out clauses will exercise them to get on a better team. One where they can skip shaving if they want too. you will soon see the Yankees with no stars in a couple seasons. It will all be farm hands and judge. As I don’t think he has an opportunity to opt out of his contract, tragic.

    2
    Reply
    • bhambrave

      1 year ago

      You left out the decimal point between the 7 and the 8 in your name.

      Jk

      3
      Reply
    • Rob Schumann

      1 year ago

      The Yankees will always be able to overpay for stars. A lesson they can’t seem to learn from. Judge is an amazing player but he is injured far too often and built like a refrigerator. He will age just like Stanton. We will know what the Yankees future will look like next off-season if they manage to keep Cole and resign Soto. Hal treats nickels like manhole covers and he is not going to like that many large contracts. My guess is Cole opts out then they resign him and Soto. Then they bargain shop for 2-3 years waiting for the mistakes to drop off. Even if they do get Cease for 2024 I still don’t think they have enough for a championship. First time in awhile the bullpen isn’t going to be their biggest strength.

      Reply
  6. slider32

    1 year ago

    Peraza looks to be the starting 2nd basemen in 25, it will take a good player to move him now! Gil has huge upside, and will get some chances this year to show out.

    1
    Reply
  7. larkraxm

    1 year ago

    Being exiled to Miami or Pittsburgh isn’t exactly the path out of “indentured servitude”. If they become FA earlier and the Yankees extend or resign them, Miami and Pittsburgh will complain that it isn’t fair because they have more money. It seems the only way to satisfy is to turn every team into the Marlins.

    1
    Reply
  8. YanksPhan42

    1 year ago

    I’m probably in the minority here……but I’m calling Miami about Luzardo using Volpe as the bait and then playing Peraza at SS this year.
    Yankees need starting pitching, Miami needs a SS. Yes, Peraza hasn’t hit much in the show yet….but he’s also been playing out of position on D. How does one effect the other? Ask Gelybor. It does. Baseball is a very mental sport. Get him regular ABs at SS and watch him throw up a .250 15 homer 30 steal season with great D.
    Just my humble opinion.

    2
    Reply
    • slider32

      1 year ago

      Agreed, I think Peraza will be a better player!

      2
      Reply
  9. whyhayzee

    1 year ago

    Purgatory.

    Reply
  10. Fernando P

    1 year ago

    The Yankees aren’t getting any special treatment.

    The Astros asked for a fourth option last year for Forrest Whitley. Tigers Alex Faedo just got a fourth option year a few months ago. Cubs have listed several guys on the Cub Reporter site (Kevin Alcantara, Morel, Killian…). Every team has at least one guy that qualifies for the 4th option year.

    1
    Reply
    • Astrosfn1979

      1 year ago

      I’m not saying the policy isn’t valid, and I’m not saying the Yankees are getting preferential
      treatment it just needs tightening up.

      Yes, the Astros asked for, and got, a 4th year option on Whitley.

      The difference is (read my post) that Peraza has played well over 100 games each of the past 3 seasons while Whitley has barely got on the field (70 total IP the past 4 seasons and not more than 40 in any of them- and he’s a SP not a RP)

      Reply
      • Fernando P

        1 year ago

        @Astrosdn1979 – My response was on the initial poster who said he wasn’t surprised Yankees got the options. I totally get what you are saying…though that’s the parameters. It isn’t so much the recent years as it is what constitutes a “season”.

        You have to have parameters or teams will abuse rules. Like Rays and Dodgers consistently abusing sending players up and down in one season, so league limited those to five in a year.

        2
        Reply
  11. Deleted Userr

    1 year ago

    Is Jay Groome eligible?

    Reply
  12. filihok

    1 year ago

    Lots of people saying Peraza is the better player than than Volpe

    Fangraphs projects
    Volpe 2.7 WAR in 600 PA
    Peraza 2.2

    FanGraphs scouting grades
    Volpe 60
    Peraza 50

    Baseball Trade Values
    Volpe $84 million
    Peraza $23 million

    No. None of those are gospel

    Yes. I trust them more than I trust you

    No, if Peraza outperforms Volpe that does not mean you’re better than FG or BTV

    Reply
    • YanksPhan42

      1 year ago

      To start with…..WAR is a laughably useless stat.
      Even more laughably useless is a “projected WAR”…..like some nerd is his moms basement can somehow see the future. I especially laugh at projected WAR for free agents. You don’t even know where the hell the guy is playing, who he’s facing or what stadium is home but you can project his stats? LOL.
      All of that being said…..according to what you posted above, Volpe and Peraza’s WAR is almost identical…..but Volpe is worth $61MiL MORE….which means Peraza is obviously more valuable. Duh. Use Volpe’s higher dollar value to fetch a solid starter and play Peraza….which is what I said above.

      Reply
      • filihok

        1 year ago

        YP42

        “Blah blah blah”

        MLBTR. Please get the mite situation fixed so we don’t have to read these idiotic comments.

        Again. WAR is not useless. Here’s the proof that anyone with any understanding of high school ,ath can understand

        “The graph that you see here is the correlation between team wins and WAR wins.

        A “WAR win” can be defined as a team’s total WAR + 47.628. We use WAR wins, as opposed to just pure WAR, because a team with 0 WAR does not win zero games. A replacement-level team, rather, is projected to post a .294 winning percentage. Over the course of a 162-game season, this team would win 47.628 games. Thus, for every single WAR above this, a team should be worth WAR + 47.628.

        As you can see, however, team wins and WAR wins are strongly correlated (R-squared value of 0.86). The line of best fit is y = 1.06 x – 4.61. So, if your team is projected to produce 100 “WAR wins” (47.628 + 52.372 WAR), they would be expected to win about 101 games. While the correlation does create some variance, the line of best fit demonstrates that the ratio of WAR to wins is pretty close to one-to-one, on average.”

        beyondtheboxscore.com/2018/12/26/18155292/correlat…

        ”
        Even more laughably useless is a “projected WAR”…..like some nerd is his moms basement can somehow see the future.”

        Talk about idiocy. Maybe YP here jas zero idea if Ronald Acuña or Mickey Moniak is more likely to hit .300/.400/.600 on the season with 50 steals. But, the rest 9f us do.

        Finally.

        “Volpe and Peraza’s WAR is almost identical…..but Volpe is worth $61MiL MORE….which means Peraza is obviously more valuable. ”

        This is just a TOTAL NON-UNDERSTANDING of trade value

        Reply
        • YanksPhan42

          1 year ago

          Another self righteous millennial idiot who doesn’t understand the game but looks at a spreadsheet.
          Ha-Seong Kim had a WAR of 5.8 this year. Soto had a 5.6 and Tatis Jr a 5.5. Unless you’re the one half wit on earth who would gladly trade Soto or Tatis straight up for Kim, your rant is useless. I can give you 20 more examples of the same. It’s even most ridiculous for pitchers.
          As for Volpe and Peraza….if two guys have similar projected value but one has more street value, you obviously trade the one with more street value. Did you pass 3rd grade math?
          …..and as far as “projected WAR…..using your own example…..if you need a useless stat to tell you if Acuna or Moniak will be a better player this year, go back to watching the badminton channel you came from. What I said is…..there is zero way on earth to predict with any accuracy that Judge this year will hit exactly .285 with 50 homers. It’s a GUESS. Period. Even more of a guess when companies like Steemer project it when a guy isn’t even on a team yet! It’s called common sense.
          Now go get your freakin shine box little boy.

          Reply
        • filihok

          1 year ago

          YP

          “Blah blah blah’

          Complete lack of understanding with the assuredness that only comes from ignorance

          By the way, MLBTR, any word on when the mute button is getting fixed?

          Reply
  13. filihok

    1 year ago

    Per BTV

    Volpe 60 million
    Stanton -80 million

    If a team is willing to take on all of Stanton’s contract, are you giving up Volpe?

    You’ve still got Peraza

    And that’s a lot of cheddar with which to sign some new players

    Reply
    • larkraxm

      1 year ago

      No. Volpe is a Yankee and nobody is taking Stanton. He is also a Yankee. Even with lots of cheddar there is no FA left that is worth a lot of cheddar. I would rather have Volpe and just accept that Stanton is wth us until he is named special assistant to the GM like ARod.

      Reply

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