Latest On Giants’ Deadline Plans

The Giants surprised many with tonight’s stunning trade that sent Jorge Soler and Luke Jackson to the Braves, yet the move doesn’t appear to be signalling a larger trend towards a selloff in the Bay Area.  Susan Slusser of the San Francisco Chronicle (via X) writes that “it doesn’t sound as if the Giants have plans to make any more significant subtractions, especially from the rotation.”  That latter specification implies that Blake Snell probably isn’t going to be on the move, despite increased speculation in the last few days that teams have been inquiring about the left-hander’s availability.

Whether the Giants make any noteworthy additions also still seems to be in question, as Slusser feels the team could bring in a new outfielder “if they add.”  The Athletic’s Andrew Baggarly writes that the Giants are looking for a good defender to play center field, and Heliot Ramos would then be moved into a corner outfield slot.  Star prospect Marco Luciano will be recalled for another crack at the big leagues, and Luciano will factor into the DH picture with Michael Conforto and (when healthy) Wilmer Flores now that Soler is gone.

Naturally plans could still change as things develop leading up to the deadline, as The Athletic’s Ken Rosenthal recently suggested that the Giants feel they could move Conforto to a team that would take on the rest of the roughly $6MM remaining of his $18MM salary.  It could be that the Soler trade already provides enough financial relief that the Giants wouldn’t feel compelled to move Conforto as well, though if payroll isn’t a primary concern, the Giants could be freeing up some money to be flexible enough for a larger splash if an pricier option becomes available.

This type of measured approach to the trade deadline isn’t likely to please the San Francisco fanbase, yet it speaks to the team’s uncertain position in the standings.  The Giants are 53-55 with a -16 run differential, but a four-game winning streak has brought them within four games of an NL wild card berth.  With a number of lesser opponents (i.e. the A’s, White Sox, Marlins) all coming up on the schedule in the next five weeks, the ingredients might be there for the Giants to make a run…..or the front office could see the hill as too tall to climb.

In regards to Snell in particular, Baggarly says San Francisco would “have to be overwhelmed” to trade the southpaw, and the team is “not expecting something to materialize” between now and 5pm CT on Tuesday.  For comparison’s sake, Baggarly said the Giants would want more for Snell than the Blue Jays got from the Astros in the Yusei Kikuchi trade earlier tonight. 

The New York Post’s Jon Heyman also reported that the Giants weren’t willing to include any money in a Snell trade to cover the significant remaining cost of his contract.  The two-year, $62MM deal Snell signed last offseason breaks down as a $17MM signing bonus that has already been paid, a $15MM salary for 2024 (so roughly $5MM remains owed), and then $30MM in 2025.  While Snell can opt out of that second year and return to free agency, rival teams are understandably wary about taking on that possible hefty cost, considering that Snell has a checkered injury history.

An opt-out didn’t appear to on the cards whatsoever for Snell just a few weeks ago, yet he has revived his trade value with some exceptional pitching since his return from the injured list.  Snell has an 0.75 ERA and a 35.7% strikeout rate over 24 innings in his last four starts, suddenly once again looking like the dominant ace who won the NL Cy Young Award last year.

The Cubs, Orioles, Padres, and Yankees are all known to have expressed some level of interest about Snell, and SNY’s Andy Martino reports that the Mets have also “checked in” with the Giants, with “no traction” yet on any possible deal.  Martino implies that this might have been something of a due diligence call from the Mets, as naturally any contender would want to at least touch base with San Francisco about what it would take to pry Snell away.