Blue Jays Have Also Shown Interest In Ryan Pressly

If the Astros trade Ryan Pressly, the Cubs appear the likeliest landing spot. USA Today’s Bob Nightengale reported this evening that Chicago was nearing a deal for the veteran reliever. Multiple reports from the Houston beat indicated that Pressly has not agreed to waive his no-trade rights, however. It’s also not clear if the Cubs and Astros had agreed to a final trade package and were awaiting Pressly’s decision, or if the teams merely felt they were making progress in those conversations.

Chandler Rome, Sahadev Sharma and Patrick Mooney of The Athletic report that while the Cubs are serious suitors for the two-time All-Star, no deal is believed to be imminent. According to The Athletic, the Blue Jays and at least one mystery team from the West Coast have also expressed interest. Brian McTaggart of MLB.com similarly wrote this evening that the Astros have fielded interest from multiple clubs on Pressly.

In any case, the 36-year-old righty controls his destination. Pressly has full no-trade protection as a player with at least 10 years of MLB service and five-plus service years with his current team. He grew up in the Dallas area and has pitched in Houston since the 2018 trade deadline. His wife Katharine is a Houston native. It’s not out of the question that he and his family simply prefer to stay there.

Whether Pressly would waive his no-trade clause to join the Cubs, Blue Jays or anyone else remains to be seen. There is no definitive reporting that he is unwilling to move. All that is clear is that he has not approved a trade to this point.

This could be a key decision for Houston’s overall offseason. The Astros have an offer out to Alex Bregman. In recent days, they’ve resumed talks with their longtime third baseman. Bregman is still pursuing a long-term contract; Houston’s initial offer was reportedly for $156MM over six years. The Astros project around $3MM north of the base luxury tax threshold. Offloading a few million dollars could allow them to duck below the CBT line for the moment. Signing Bregman would undoubtedly push them back into tax territory, though that’s perhaps an easier sell for ownership than it would be to pay the CBT even if he walks.

Pressly combined for 110 appearances between 2023-24, which triggered a $14MM vesting option on his deal. That’s probably a little above market value but not dramatically so. José Leclerc and Andrew Kittredge each signed $10MM free agent contracts this winter. Blake Treinen, who is six months older than Pressly, landed two years at $11MM annually.

After serving as Houston’s closer between 2020-23, Pressly moved into a setup role last year. That was in response to their late strike to add Josh Hader on a five-year free agent deal. He had a solid season, working to a 3.49 earned run average through 56 2/3 frames. Pressly’s strikeout rate dropped to a league average 23.8% clip — his lowest mark since his 2018 breakout —  but he posted a solid 7.4% walk rate while picking up 25 holds.

The Cubs and Jays could each offer Pressly their closer role. Chicago has a few less experienced pitchers (e.g. Porter Hodge, Nate Pearson, Tyson Miller) who could compete for saves. Toronto has already added Jeff Hoffman, Yimi García and Nick Sandlin this offseason. That trio joins Chad Green and Erik Swanson in the high-leverage mix. Hoffman is probably the favorite for the ninth inning, but he has been a setup man for most of his career. He recorded 10 of his 12 career saves for the Phillies last season. Pressly saved at least 26 games in each of his three full seasons as Houston’s closer.