Alex Bregman Not Considering Short-Term Deals

As several of the top free agents of the offseason linger on the market with spring training now under a month away, some have reportedly pivoted to consider short-term/opt-out laden contracts. Pete Alonso and the Mets are reportedly discussing a three-year arrangements with at least one opt-out. Both Anthony Santander and Jack Flaherty have recently signaled willingness to consider similar structures. As for third baseman Alex Bregman, however, agent Scott Boras tells Bob Nightengale of USA Today that his client remains focused on a longer-term pact and suggests that there’s ample interest to make that happen.

“Bregman’s a championship player, teams know it,” Boras tells Nightengale. “It’s really a matter of his decision-making and theirs, about how you can close up that gap. There’s substantial interest (in long-term) deals.”

Nightengale adds that the Blue Jays, Red Sox and Tigers are among the teams still “engaged” with Bregman. The Cubs showed some cursory interest as well, per a recent report from Bruce Levine of 670 The Score, but that was more a matter of due diligence to see if Bregman is open to the precise type of short-term arrangement against which Boras is pushing back.

One element of the slower-than-expected market for Bregman (and perhaps for Alonso, Flaherty and Santander) posited by Boras is a simple decrease in the number of teams willing to spend. For a second straight offseason, there’s a group of clubs that is looking to reduce payroll or at least not add to the budget in a meaningful way — largely due to concerns regarding the in-flux status of their television broadcast rights.

While there are some clubs this offseason who’ve spent after a quiet winter in free agency last time around, there are indeed quite a few whose ownership groups have handcuffed the baseball operations staff. The Padres, Twins, Cardinals, Braves, Brewers and Marlins have yet to sign a free agent to a fully guaranteed big league deal. (Atlanta, Milwaukee and Miami have given a handful of split major league deals to players with minor league options remaining.)

Each of those clubs other than Miami has been a notable buyer, to varying extents, in the free-agent market as recently as one or two years ago. Several others — Mariners ($3.5MM), Rockies ($9.75MM), Rays ($8.5MM), Pirates ($8MM) — have spent under $10MM in total. That’s one full third of the teams in MLB whose combined free agent expenditures total $29.75MM — or just barely more than Max Fried will earn annually with the Yankees.

Not all of those clubs would’ve been players for Bregman, Alonso and others with a normal offseason of spending permission from ownership, of course. But their lack of activity has lessened the demand for mid-tier and lower-tier free agents, leaving a larger supply of options for the offseason’s actual spenders to peruse.

Bregman has received at least one long-term offer, as the incumbent Astros put forth a reported six-year, $156MM deal early in the offseason. That pact is surely no longer on the table, as Houston pivoted first to an effort to acquire Nolan Arenado — a deal that Arenado blocked with his no-trade clause — and then to sign Christian Walker at first base. Having already acquired infielder Isaac Paredes from the Cubs as part of their return for star outfielder Kyle Tucker, Houston now has Paredes at the hot corner, Jeremy Peña at shortstop, Jose Altuve at second base and Walker at first base. They’re also just north of the luxury tax threshold, and there’s been talk of potential trades to dip back under that number. Suffice it to say, $26MM per year for Bregman no longer feels plausible in Houston.