The Twins are expected to listen to trade offers on several of their remaining veterans after gutting the roster — particularly the bullpen — ahead of this year’s trade deadline. Right-handers Joe Ryan and Pablo Lopez ranked prominently on MLBTR’s list of the offseason’s top 40 trade candidates, as did catcher Ryan Jeffers. The extent to which the Twins further subtract from the roster will at least in part stem from ownership’s budget for next year’s payroll. To this point, the Pohlad family has not given the baseball operations department “a clear direction” on next year’s payroll, Ken Rosenthal of The Athletic reports.
RosterResource currently projects a $95MM payroll for the Twins, which is down more than $40MM from their Opening Day mark in 2025. That doesn’t include potential subtractions from the arbitration class. Trevor Larnach, projected for a $4.7MM salary (via MLBTR contributor Matt Swartz), stands as a non-tender or trade candidate. Obviously, trades of Ryan, Lopez and/or Jeffers would further scale back spending. Lopez is earning $21.75MM in each of the next two seasons. Ryan is projected for a $5.8MM salary. Jeffers is projected to earn $6.6MM. (Center fielder Byron Buxton is guaranteed $15MM but has a full no-trade clause and has said even after the team’s summer fire sale that he won’t consider approving a trade.)
The idea of Minnesota taking that newfound payroll flexibility and reinvesting it in a series of win-now moves to complement a roster still featuring Ryan, Lopez, Buxton, Jeffers and several promising young position players (Luke Keaschall perhaps chief among them) makes at least some sense on paper, but there’s little in the Pohlads’ history of owning the club to support the notion that they’d go that route. Further subtraction still seems likely, though until the Twins tip their hand with whatever the first moves of the offseason are, perhaps fans can hold out some faint hope for a quicker-than-expected turnaround.
Assuming they indeed operate more on the sell side of things, Ryan in particular will be one of the most sought-after names on the trade market. The Twins discussed the 29-year-old righty, who has two years of affordable arbitration control remaining, with several clubs ahead of the summer trade deadline. No deal came to pass, but the Red Sox are known to have had substantial discussions regarding the right-hander, while the Yankees and Mets were among the others to at least check in.
Jeff Fletcher of the Orange County Register adds the Angels to the list of clubs that showed interest in Joe Ryan prior to the trade deadline. With the Halos set to seek pitching upgrades again this winter, it stands to reason that they could circle back and talk with the Twins this winter. The Angels’ farm system is not well regarded, though they have a fair number of young big leaguers or nearly MLB-ready arms who could pique the Twins’ interest (e.g. George Klassen, Ryan Johnson, Nelson Rada, 2025 first-rounder Tyler Bremner).
The Angels would surely face competition in any bid for Ryan. The 2025 All-Star tossed 171 innings of 3.42 ERA ball this past season, fanning 28.2% of opponents against a tidy 5.7% walk rate. He sports a career 3.79 earned run average that’s skewed a bit by an outlier 4.51 mark in 2023. Ryan has virtually no platoon split in his career, with the main blemish against him being some susceptibility to home runs (particularly in that rocky ’23 campaign). Angel Stadium, notably, has been more conducive to home runs than Minneapolis’ Target Field — both over the past three seasons and in 2025, in particular.
Much of the focus in the early stages of the offseason will be in determining exactly which direction the Twins will go and — if they indeed sell more veterans — the depth of that potential teardown. Minnesota already had a relatively well-regarded farm system prior to the deadline, and the Twins now boast one of the best minor league systems in the sport. They’re not a system that’s devoid of minor league talent, so the extent to which ownership is willing to invest in the club will be especially instructive when it comes to their 2026 outlook.
Looking beyond the roster, however, there are still some short-term decisions that need to be made in the dugout. Longtime manager Rocco Baldelli was fired at season’s end and replaced by his former bench coach from 2019, Derek Shelton. Bobby Nightengale of the Minneapolis Star-Tribune writes that the Twins initially began their search for a manager with a speculative list running around 80 names deep. They whittled that to 15, conducted Zoom interviews with seven and held in-person interviews with Shelton, Yankees hitting coach James Rowson (another former Twins staffer) and former Mariners skipper Scott Servais.
The decision, per Nightengale, ultimately came down to Shelton or Rowson. While Shelton won the job in the end, the Twins are hopeful of hiring Rowson back to the organization as Shelton’s new bench coach, Nightengale reports. The rest of the staff is largely up in the air. Dan Hayes of The Athletic reports that the Twins will retain pitching coach Pete Maki, pairing him with newly hired bullpen coach LaTroy Hawkins to oversee the staff in Minnesota.
Third base coach Tommy Watkins has already departed for Atlanta, and Hayes writes that assistant bench coach/catching coach Hank Conger and quality control coach Nate Dammann have both been dismissed. Decisions have yet to be made on hitting coaches Matt Borgschulte, Trevor Amicone and Rayden Sierra.

Assuming Casas passes his medicals the Red Sox should start with SP Early, 1B Casas and CF Garcia for SP Ryan. The Twins get three major league ready, controllable players with upside.
Not even close. Ryan is way more valuable than that.
That’s a fair offer when you consider Ryan’s a FA in a few years.
Trade him while he seems healthy. He’s fragile.
Dan Hayes is reporting that Buxton is reconsidering his no trade clause after seeing what the Twins did with this fire sale. Don’t be surprised if he, Lopez, and Ryan get traded. Payroll is gonna be down in the 70 million range by spring training. Twins are tearing the franchise down prior to 26/27 and the almost certain strike when the collective bargaining agreement expires.
Casas is Bobby Dalbec 2.0 and likely has negative trade value
Casas is arb eligible so no way he has negative trade value. But hes coming off a poor year he doesnt have much value. He makes some sense for a team like the Teins because they can let him play hoping he bounces back but he still has little value.
Goose – the Red Sox can do better for that package. Joe Ryan is a good (not great) pitcher who will be 30yo in the first half of the year.
I think the team control aspect of Ryan is alluring, but if someone was going to overpay, it wouldve been at the deadline.
If the Twins want to move Ryan pre-season they’ll need to set their sights lower.
Ryan had concerning fade later in the year in ’25. He finished September only going 16 IP over 4 starts with 12 ER.
He also posted the highest average exit velocity of his career last season, along with highest hard hit percentage, highest barrel rate, take your pick.
Basically, guys were squaring up on Ryan’s pitches better than they ever had before. FIP puts him in the high 3s for last season, as do projections for him for next year. On a contract that leaves him as a Free Agent looking to sign a new deal for his age 32 season, theres not a huge incentive to extend either.
His numbers didnt trend so negative as to say he’s in a steep decline, but, he doesnt carry the extra value that a younger arm would with the same control remaining.
He put up some impressive numbers early, but, couldn’t keep it going the rest of the year.
Could he be worked with to unlock something more? Sure. Would he face much stiffer competition in a different division? Absolutely.
His value is the relatively affordable contract for 2 seasons, and, being a solid #3 arm for a rotation.
If you think Ryan is a number 3 you wont be trading for him.
Did you forget the part where he played for the Twins. His “steep decline” could’ve been due to their awful defense, lack of supporting offense, and trade deadline bullpen fire sale. Actually watch him pitch, cherry picking stats to paint your narrative is cringey.
Nice thing about FIP and such…. it ignores his teammates, and doesnt cherry pick. And it called for a higher ERA than he actually put up.
And you go to steamer and other 2026 projections, they dont see a 2.xx era #2 rotation guy. They see a solid #3 pitcher.
I actually focused on stats that have *no* input other than Ryan himself, and the hitters. Squaring up contact on him has nothing to do with supporting cast. You *could* argue the runs allowed does, except advanced metrics that *ignore* the defense pegged him to be worse than the numbers he posted this year, and, closer in line to what he’s been his whole career.
He’d make a solid #3, and, has a favorable contract for clubs deep into the CBT adding value.
I just dont think he’s a good fit for my team for the asking price, considering the results he’s had his whole career. We’re flush with guys with that level of output
Assuming he passes his medicals AND assuming he hits better than the .180 he did in 29 games last year… It’s one thing to be healthy, it’s a whole other thing to be a productive hitter especially at 1B.
Just put a hard stop now on all your offseason trade proposals with Casas. No team is going to give you anything worth trading him for.
I don’t think the Twins want the password. He has the tools but K’s nearly 30% in AAA. Plus the Twins already have significant OF depth in Buxton, Wallner, Martin, Roden, and Larnach (non-tender candidate) already on the MLB roster. On top of that, they have 3 OF in AAA that will be MLB ready next year in Jenkins, Rodriguez, and Gonzalez.. Both Jenkins (#10 MLB) and Rodriguez (#69 MLB) are both rated higher than Garcia by multiple sources (MLB, Baseball America, Fangraphs).
The Password, Casas, and one of the young pitchers not named Early for Ryan.
Who says no?
Casas is a throw in hes not a key piece in getting a top of the rotation starter.
The Twins will get better offers than that.
Twins
I’d say no in Boston.
Might as well sign giolito and just pay money.
He hasn’t shown himself to be a #2 and he’s at what should usually be his career peak.
Witherspoon, Clarke, and Casas could be interesting.
Ryan to the Red Sox makes a lot of sense. I could also see Lopez being traded instead though. Highly doubt the Twins trade both away, but who knows they might just do that.
GHB 1 – I could see holding Lopez until the deadline, but the Twins are running the risk of a SP getting hurt during the season in holding out for more prospect capital
Anyone can get hurt-seller of a high demand SP isn’t going to accept offers that lack a headliner that truly hurts the buyer to give up.
Twins fan here. Buxton is grumbling about the direction of the franchise. He’s gonna waive his no trade clause and Lopez and Ryan are gonna get traded. The Pohlads have 400 million dollars in commercial real estate debts, 40 million of which they shifted to the Twins franchise. They are gonna go mid 90’s ultra cheap for 5 or 6 years to pay it off
Can’t wait for news that their thus-far only speculated minority partners have dropped out.
I’m guessing that even mentioning Tristan Casas’ name on any major proposal elicits a very quick phone hang up.
I’m guessing you’d get farther by trying to trade the Yankees’ Clint Frazier and Miguel Andujar for Ryan. After all, Clint Frazier still has that “legendary bat speed”.
I’m guessing you will continue to hate as Casas is arb-eligible and won’t make much in ’26. Vast difference between a .713 and .800 OPS player.
Unpopular take but I’d be excited for next year if I was a Twins fan because they got a lot of good talent on pace to debut next year. The big question for me is, can any of the youngsters like Jenkins, E Rodriguez, G Gonzalez, K Culpepper, Lee, K Rosario, can they stay healthy when they get here. Keasch already got hurt his rookie year and hopefully he doesn’t get injured as frequently as Lewis and Buxton have. This team is seemingly cursed with the injury bug.
On paper they could potentially have one of the best lineups in the division if some of these guys hit. Imho they should hang onto Ryan and Lopez one more year at least to mentor the younger arms like Abel, Rojas, Bradley, Priellep, etc
Being excited for the 2026 Twins is just what I’d expect from a John Fisher apologist lol
Ryan is good but he’s not elite. He doesn’t get back what Red Sox gave up for Crochett
He’s really good and far more reliable than Crochet was at the time. The packages would be similar.
Crochet was 4 years younger and his upside was much higher. Ryan will be expensive but I don’t think he lands a Crochet package.
Dont forget Crochet was flashing FIPs in the 2.xx range multiple years, including just before the trade, in addition to youth just entering his prime years.
Ryan is at his peak now, and, is putting up just #3 level numbers. He really doesnt move the needle that much to be worth a premium package, and, any extension involves buying up declining/questionable years.
The most valuable thing about Ryan is his low salary, which is worth more to teams way into the CBT penalties.
Ridiculous. Look at what Borgy did in Baltimore two or three years ago.
Look what he did in Minnesota last year. Then compare that to what David Popkins, whom Borgy replaced, did in Tornoto last year
Touché
I’d love my Mets to get Ryan but I think Lopez is more realistic. I do worry if Lopez can stay healthy, though. The forearm issue at that end of the season sounds ominous.
Benge and a near ready SP likely gets them Ryan. Top shelf in the market will sting.
Im not sold on Ryan as ‘top shelf’…
Top shelf is Skenes, Skubal, Crochet level talent.
Ryan is on the edge of the next shelf down, probably off on the end somewhere.
In the current market of “availability” he’s top tier. Agreed he’s nowhere near the elite SPs around mlb that are locked up/not going anywhere. Would take him over Cease for example that will get paid handsomely for durability. Framber is really good if clubs aren’t concerned about age related rapid decline.
The Angels have no one to trade for a decent pitcher. Adell alone can no longer interest any team in a trade. Adell needs to go but we can’t afford to send anyone else with hm.
Bremner would have to be the centerpiece in any big trade they make. Maybe they try to get an arm for Christian Moore, idk.
Looks like the Angels have some interest in Joe Ryan Joe Ryan’s fastball typically rides in the 92–94 mph range, but what makes it deceptive isn’t just velocity his high riding fast throws with alot of back spin
The Angels had Hank Conger as an “Assistant Bench Coach and Catching Coach?” I understand catching coach, but few teams have that. Why do you need an assistant bench coach? And at what point does the assistant bench coach start usurping the role of the bench coach?
And they also had a quality control coach.
I would like to be a superflous MLB coach. I would just travel around the majors getting hammered every single night.
The Twins did not fire Rocco Baldelli and replace him with Derek Shelton to reinvest their money in “win now” moves. I would expect this team, especially if Ryan/Lopez/Jeffers/Larnach are traded, to challenge the White Sox for last place in the AL Central next season
I never thought I’d say it, but God Bless the Twins. Getting rid of Tommy Watkins is the #1 move of the offseason.
Minority owners will fall through, payroll slashed further. Lopez will be traded (22 mil). Joe Ryan (6mil) will also be traded – not bc of salary, but to try and convince Buxton and his earning potential (16 mil minimum) to waive his NTC.
As is, Twins 2026 payroll, with all arbitration projections is ~90 mil. My gut says it will be closer to 60-70 mil, bottom 5 in MLB by opening day.
It’s appalling that any team runs a payroll of less than $150 mil. With TV and merchandise sharing along with the revenue sharing scheme, each of these lower end teams gets like $200 mil in revenue. They really need to implement a floor on payroll of at least $140 mil.
This. I think all three get traded. Lopez and Ryan for sure. Now Buxton is grumbling about the direction of the franchise and hinting he wants to play for a winner before he retires and that isn’t gonna be the Twins. Dan Hayes is reporting he’s considering waiving his no trade clause. I think the payroll ends up dipping down into the low 70’s.
“Notably” has to START the sentence, not come in the middle, between commas.