Rangers Seeking Left-Handed Bat, Multiple Relievers

The Rangers had an active week at the 2024 Winter Meetings, retaining righty Nathan Eovaldi on a three-year deal, signing reliever Jacob Webb and acquiring slugger Jake Burger from the Marlins. Next up on their to-do list, per Evan Grant of the Dallas Morning News, is to add a left-handed bat and multiple arms to the relief corps. Grant specifically lists Joc Pederson as an option for Texas to consider, though it’s not clear whether the two sides have had any negotiations of note to this point.

The 32-year-old Pederson (33 in April) turned in perhaps the best season of his career with the Diamondbacks in 2024. The lefty-swinging slugger hit .275/.393/.515 with 23 homers, 17 doubles, a triple and seven steals (in 11 tries) through 449 plate appearances.

Pederson fanned in 23.4% of his plate appearances — his highest mark since 2021 — but also walked at a stout 12.2% clip. As just about every club has done, the D-backs platooned him heavily. Pederson has a lengthy track record of struggling versus fellow southpaws and did so again in a tiny sample of 42 plate appearances last year. In 407 trips to the plate against right-handers, however, he mashed at a .281/.392/.531 clip — about 54% better than league average, by measure of wRC+.

Because Pederson already received a qualifying offer once in his career — he accepted a QO from the Giants following the 2022 season — he was ineligible to receive one from Arizona this winter. He won’t cost the Rangers or any other team a draft pick or future international bonus pool space. Pederson, however, can rightly seek a raise on last year’s $12.5MM salary and perhaps do so while pursuing the multi-year deal that has eluded him in what’s now been four separate trips through free agency.

Whether the Rangers have the funds to make that happens isn’t clear, but their recent spending certainly indicates there could be a path to both paying Pederson and securing the multiple relievers they’re hoping to acquire (also per Grant). RosterResource projects the Rangers at a roughly $203MM payroll with just under $220MM worth of luxury obligations. Dipping under the CBT threshold is a reported goal of the Rangers this offseason.

Be that as it may, Joel Sherman of the New York Post reported earlier in the week that Texas offered Max Fried a seven-year deal worth roughly $190MM. That $27.1MM AAV would be even higher than the $25MM AAV on Eovaldi’s $75MM deal. Between the larger-than-expected deal for Eovaldi and a spirited pursuit of Fried, it seems the Rangers were comfortable pursuing at least one big-ticket item. Pederson will surely command an eight-figure AAV of his own, but Texas could deal from its rotation depth (e.g. Tyler Mahle, Jon Gray, Dane Dunning) to drop payroll a bit.

There’s been some speculation about a possible trade of Nathaniel Lowe in the wake of the Burger acquisition — both at MLBTR and via other outlets — but moving Lowe would only subtract a left-handed bat from a team on the lookout for just such hitters. Perhaps they could trade Lowe, use some of his projected $10.7MM salary to help round out the relief corps, and look for a more affordable lefty bat in free agency or via the trade market. Looking to the trade market for affordable relief help would also make sense.

Other left-handed bats of note on the market include Max Kepler, Jesse Winker, Alex Verdugo, David Peralta, Gavin Sheets and switch-hitters Josh Bell and Carlos Santana, to name a few. The Rangers would surely like veterans Kirby Yates and David Robertson back, but both will command notable commitments — Yates possibly on a multi-year deal. Texas has also been linked to longtime Braves lefty A.J. Minter and will likely cast a wide net in searching for bullpen help, as their relatively quiet signing of Webb indicates.