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Jon Duplantier Signs With NPB’s Yokohama BayStars
January 6th: Duplantier’s deal is for $3MM, per Yakyu Cosmopolitan.
January 5th: The Yokohama DeNA BayStars of Japan’s Nippon Professional Baseball announced the signing of right-hander Jon Duplantier. The 31-year-old will remain in Japan for a second season after spending the ’25 campaign with the Hanshin Tigers.
A former highly-regarded prospect with the Diamondbacks, Duplantier was set back by injuries. He wound up making just 19 appearances between 2019-21. A lat strain led Arizona to drop him from the 40-man roster midway through the 2021 season. The Rice product subsequently bounced around on minor league contracts with Arizona, San Francisco, Philadelphia, the Mets, Dodgers and Milwaukee without getting to the majors. The Brewers granted him his release to pursue an NPB opportunity last year.
Duplantier’s first season in Japan could hardly have gone better from a performance perspective. He struck out 32.4% of opponents against a 5.7% walk rate while working to a 1.39 earned run average. Health was again the caveat, as he was limited to 15 starts and 90 2/3 innings by a lower body injury. His numbers were impressive enough that there was some thought he could return stateside. He evidently found a superior offer to join a new NPB club instead. If he can put together a full season at anywhere near his ’25 level of production, he should be in position to command a big league contract next offseason.
Poll: Will The Blue Jays Add Another Big Bat?
The Blue Jays have been the most active team of the winter, making splashes in the rotation (Dylan Cease, Cody Ponce), bullpen (Tyler Rogers), and mostly recently the lineup with their signing of third baseman Kazuma Okamoto. While Okamoto has a chance to be an impact bat, given his track record as one of the best hitters in NPB, he’s not on the same level as a few other hitters to whom Toronto has been linked. On one level or another, the Jays have been connected to most of the top free agent hitters this offseason. Most recently, reports have centered around three names: outfielder Kyle Tucker, infielder Bo Bichette, and third baseman Alex Bregman.
Mitch Bannon of The Athletic reported yesterday that while the Blue Jays could add more from here, that might require the team to subtract payroll elsewhere on the roster. Buster Olney and Jesse Rogers of ESPN wrote this morning that the Okamoto signing does not take the Jays out of the running for either Tucker or Bichette.
It’s been relatively quiet on the Tucker front, though Rogers and Olney suggest he has both short- and long-term possibilities in front of him. Whichever route he takes, the annual commitment will be significant. Toronto has expressed a willingness to deal Jose Berrios this winter, but his contract is underwater. They wouldn’t be able to shed the full freight of the $66MM he’s still owed. Anthony Santander is making significant money as well, but he’d be even more difficult to trade coming off of a career-worst season where he was limited to 54 games by injuries; Santander also posted a .175/.271/.294 slash (61 wRC+) when healthy enough to play.
Neither Berrios nor Santander would subtract enough payroll to fully offset the addition of a Tucker, Bichette or Bregman. Berrios is owed $18MM in 2026 and has matching $24MM salaries in 2027-28. Santander is owed $16.5MM in 2026 and ’27, $14.75MM in ’28 and $12.75MM in ’29. A hefty $10MM of his salary is deferred in each of those seasons.
If the Blue Jays are truly nearing maximum capacity when it comes to payroll, it’s hard to imagine them coming out on top for one of those star free agents. The Red Sox, Cubs, Dodgers, and Mets are among the other big market clubs to have been connected to at least one of those free agents in some capacity.
Of course, it’s possible the Jays don’t feel much need to subtract salary at all. Their $279MM payroll and $308MM of luxury tax obligations (according to RosterResource) are franchise records that thrust them into the top bracket of luxury penalization, but the Jays have a great deal of money coming off the books after this season. George Springer, Kevin Gausman, Shane Bieber, Daulton Varsho, Yimi Garcia, and Eric Lauer are all set to reach free agency after 2026. MLBTR contributor Matt Swartz projects Varsho and Lauer for a combined $14.1MM in arbitration this year, while the other four will combine for $70.5MM. That’s nearly $85MM in salary set to come off the books, and declining Myles Straw’s club option for next season would push that figure even higher.
Some of that money would surely need to be re-invested in the roster to replace the departing veterans, but next year’s free agent class doesn’t figure to boast a transformational, middle-of-the-order bat on the level of Tucker or even Bichette. Seiya Suzuki, Randy Arozarena, Nico Hoerner, and Jazz Chisholm Jr. are among the top position players set to reach free agency next winter. While all are talented players in their own rights, none is a surefire perennial All-Star like the top bats of this winter’s class. That could make it prudent for the Jays to throw caution to the wind this year and do some of next offseason’s shopping a year early.
How do MLBTR readers expect the Jays to proceed this winter? Will they come away with another top free agent before Opening Day, or will Okamoto be their top addition on offense? Have your say in the poll below:
Tigers Trade Justyn-Henry Malloy To Rays
The Tigers and Rays announced a trade that sends Justyn-Henry Malloy to Tampa Bay for cash considerations. Detroit had designated him for assignment before the holiday DFA freeze when they officially re-signed reliever Kyle Finnegan. Tampa Bay had two openings on the 40-man roster and didn’t need to make a corresponding move.
A sixth-round pick by the Braves in 2021, Malloy was traded to Detroit after his first full minor league season in exchange for reliever Joe Jiménez. Prospect evaluators praised the righty-hitting Malloy’s plate discipline but questioned whether he’d find a home defensively. The positional fit remains the biggest issue. Malloy was drafted as a third baseman but was well below average there. Detroit used him as a full-time corner outfielder in 2024 and split his time between the corner outfield and first base last season.
Malloy, 26 in February, is a below-average runner and athlete, so the hope is that he’ll be merely adequate somewhere. There’s a high bar to clear offensively if he’s limited to first base or a full-time designated hitter role. Malloy hasn’t been close to clearing that in his scattered MLB opportunities, as he’s a .209/.311/.346 hitter over 357 career plate appearances.
The big league numbers are probably weighed down by his lack of consistent playing time. Malloy has been a fantastic offensive player in the minor leagues. He has a near-.900 OPS in his minor league career, including a .296/.424/.478 line in more than 1200 plate appearances against Triple-A pitching.
Malloy has decent power and popped 23 homers in Triple-A a couple seasons ago. The calling card is an extremely patient offensive approach that has allowed him to work walks at a massive 17.2% rate in the minors. Major league pitchers are going to do a better job challenging him within the strike zone, yet Malloy has still managed a 12% walk rate over his MLB work. That has come alongside an elevated 32.8% strikeout rate that he’ll need to bring down if he’s to carve out a long-term role.
Tampa Bay has Yandy Díaz and Jonathan Aranda lined up for the first base and DH playing time. There’s more opportunity in the outfield if the Rays feel Malloy can be a passable defender on the grass. He’d otherwise be ticketed for a depth role, either as a bench bat or stashed at Triple-A Durham. Malloy still has two minor league options remaining, which gives the team some roster flexibility, though he doesn’t have much to prove against minor league pitching.
Red Sox, Kutter Crawford Avoid Arbitration
The Red Sox announced they’ve avoided arbitration with right-hander Kutter Crawford. Although the team did not disclose salary figures, Chris Cotillo of MassLive reports that it’s a $2.75MM deal. That matches last year’s salary and the projection from MLBTR contributor Matt Swartz.
Crawford’s salary was easy to predict. Arbitration prices generally climb each season, but that doesn’t often happen when a player misses an entire year. In those situations, they’ll typically sign for the same amount they made year before. Crawford follows that path and gets an easy bit of business complete before teams and players exchange filing figures on Thursday.
A swingman over his first couple seasons, Crawford made 25 starts three years ago and took all 33 turns through the rotation during his last healthy season. He turned in a 4.36 earned run average over a team-leading 183 2/3 innings in 2024. He posted better than average strikeout and walk numbers but was undone to an extent by a late-season home run spike. Crawford carried a flat 3.00 ERA into the All-Star Break but was tagged for 6.59 earned runs per nine in the second half. He would up leading the majors with 34 homers surrendered overall.
Despite the shaky finish, Crawford was a lock for a season-opening rotation job had he gotten through Spring Training healthy. The Sox revealed that he had been pitching through right knee discomfort for most of the ’24 campaign. Crawford entered camp behind schedule and started the season on the injured list. While working back from the knee issue in June, he sustained a right wrist injury that proved even more serious. Crawford underwent surgery that shut him down for the year.
The salary is modest, so there was no doubt the Sox would tender him a contract. He may need to compete for a rotation spot in camp this time around. Garrett Crochet, Sonny Gray and Brayan Bello are locked into the top three spots. The final two jobs are up for grabs among a number of pitchers.
Patrick Sandoval will be back after missing last season rehabbing elbow surgery. Boston liked Johan Oviedo enough as a back-end arm to part with well-regarded rookie outfielder Jhostynxon Garcia. Top prospects Payton Tolle and Connelly Early debuted late in the season. Kyle Harrison is still in the mix after coming over in the Rafael Devers trade. Most of those pitchers, Crawford included, have minor league options remaining. He could head to Triple-A Worcester or begin the season in long relief if he doesn’t win a rotation spot. Injuries are inevitable, so there’ll be opportunity at some point.
The Red Sox avoided arbitration with Jarren Duran and Connor Wong earlier in the offseason. They’re awaiting resolution on Tanner Houck, Triston Casas, Romy Gonzalez, and Oviedo. There’ll be plenty of settlements over the next two days as teams and players look to avoid filing for hearings.
Valdez, Suarez Among Orioles’ Targets In Continuing Rotation Search
Jan. 6: Both Framber Valdez and Ranger Suarez remain under consideration by the Orioles, reports Andy Kostka of the Baltimore Banner. The O’s have already been reported to have interest in both lefties, but that was prior to their recent slate of pitching acquisitions and prior to their $155MM signing of Alonso, so it’s notable that they’re still shopping in the deep end of the free agent pool even after spending a combined $195MM in free agency and taking on another $26MM or so via trade.
Jan. 5: The Orioles have made a couple of rotation moves in recent weeks but that doesn’t necessarily mean they’re done. Ken Rosenthal and Will Sammon of The Athletic report today that the club is still looking for another starting pitcher, which could be either via free agency or the trade market.
Adding to the rotation has been an obvious goal for quite a while. Baltimore starters posted a collective 4.65 earned run average in 2025, which was better than just six other clubs in the majors. At season’s end, Tomoyuki Sugano and Zach Eflin became free agents, further thinning out the group.
Accordingly, the O’s have been connected to a wide number of free agents and trade candidates this winter. They made a notable move a couple of weeks ago, sending four prospects and a draft pick to the Rays for Shane Baz. A week ago, they brought back Eflin via a one-year, $10MM deal with a mutual option for 2027.
If the season started today, the rotation would feature Kyle Bradish, Trevor Rogers, Baz and Eflin in four spots. Dean Kremer would be the favorite for the final slot. Guys like Tyler Wells, Chayce McDermott, Cade Povich and Brandon Young also on the roster but have options and could be sent to the minors if everyone is healthy. Albert Suárez is back on a minor league deal and prospect Trey Gibson is also lurking as another non-roster option.
That’s a decent group, and a team source describes it as “adequate” to The Athletic. For a club looking to rebound from a nightmare season, it’s understandable that they still want more. That’s especially true considering it’s hard to rely on this collection of arms.
Bradish just returned from Tommy John surgery late last year and made just six starts. He only made eight starts in 2024 before the surgery, so that’s just 14 starts and 77 1/3 innings over the past two years. Wells is similar, having made just seven starts over the past two years due to his own elbow surgery. Rogers was great last year but limited to 18 starts by a knee injury. Due to multiple ailments over his career, he’s never topped 133 innings in a big league season. Baz took the ball 31 times in 2025 and logged 166 1/3 frames but that was his first time going beyond 14 starts and his first time hitting the 80-inning mark. Eflin underwent back surgery in August. He recently said he’s hoping to be ready by Opening Day but that doesn’t seem to be a lock.
Adding another arm would make things a bit cluttered if everyone is healthy, but that’s a big if, considering the total track record of the group. Given the number of depth options, the O’s would presumably be looking for more upside with another rotation addition.
Rosenthal and Sammon mention Framber Valdez, Ranger Suárez and Zac Gallen as free agent possibilities, in addition to trade candidates Edward Cabrera, Freddy Peralta and MacKenzie Gore. That appears to simply be a list of the best pitchers still available, as opposed to reporting on anyone the O’s are specifically targeting, though the club has been connected to those free agents as well as Cabrera and Gore earlier in the offseason.
RosterResource projects the O’s for a payroll of $147MM next year. They opened 2025 at $165MM, per Cot’s Baseball Contracts. Signing one of the Valdez/Suárez/Gallen trio would likely require the O’s to pay $20 to $30MM annually. That would involve going beyond last year’s spending but not by much. It’s also possible they could save themselves a few bucks if they can trade Ryan Mountcastle, now that the Pete Alonso signing crowds him out. Mountcastle is projected by MLBTR contributor Matt Swartz for a $7.8MM salary this year.
The trade candidates would cost less financially. Peralta will make just $8MM next year. Gore and Cabrera are projected for $4.7MM and $3.7MM respectively. But of course, the O’s would have to send something of value to those other clubs in trade. As mentioned, the O’s just sent out a big package of prospects in the Baz deal, which may lower their desire to further deplete the farm system with another big trade.
Photo courtesy of Nick Turchiaro, Imagn Images
The Opener: Giants, DFA Resolutions, MLBTR Chat
Here are three things for MLBTR readers to keep an eye out for throughout the day:
1. Giants 40-man move incoming:
Yesterday, the Giants officially announced their signing of right-hander Tyler Mahle. One more piece of the puzzle has to be put into place before Mahle’s deal can become official, however: creating a 40-man roster spot for the righty. San Francisco’s roster is currently at capacity, which means one player will need to be removed in order to make room for Mahle. The Giants have not yet announced that transaction. That typically takes the form of a DFA or release, but it’s at least plausible that the team could be working out a trade that creates 40-man roster space, as the Dodgers did just before the new year by shipping Esteury Ruiz to the Marlins. Whatever the corresponding move for Mahle might be, it figures to be announced in the very near future.
2. DFA resolutions on the horizon:
Yesterday saw a pair of players who had been stranded in DFA limbo over the holidays find a new team, as both Joey Wiemer (Nationals) and Jhonkensy Noel (Orioles) were claimed off waivers by new clubs. There are still several unresolved DFAs from over the holidays, however, and each of them figures to reach a conclusion in the coming days. MLBTR’s Darragh McDonald took a look at the players in DFA limbo just before the new year, with former notable prospects like Marco Luciano, Justyn-Henry Malloy, and Ken Waldichuk among the more interesting names who are waiting to find out where they’ll be playing going forward.
3. MLBTR chat today:
With the start of the 2026, we’re now just over a month away from spring training. The offseason is more than half over at this point both in terms of the calendar and impact free agents on the board, with 30 of MLBTR’s Top 50 free agents having signed already. Still, plenty of questions about this offseason remain. Kyle Tucker, Alex Bregman, Bo Bichette, and Framber Valdez are among the number of top-flight free agents still available, while the trade market holds intriguing talents like Edward Cabrera, Freddy Peralta, and Brendan Donovan who could all still be moved. If you’re wondering what’s in store for your favorite team in the new year or simply looking for the latest hot stove buzz, MLBTR’s Steve Adams has you covered with a live chat scheduled for 1pm CT today. Readers can use this link to ask a question in advance, follow along when the chat begins, and read the transcript after the chat concludes.
Dodgers, Braves Among Teams To Show Interest In Freddy Peralta
Though the Brewers have continually downplayed the possibility of actually trading him, ace right-hander Freddy Peralta continues to draw a wide array of interest. Ken Rosenthal and Will Sammon of The Athletic include the Dodgers and Braves among a list of teams to inquire with the Brewers, joining a group of previously reported clubs that includes the Yankees, Mets and Red Sox. All of those clubs are still believed to have interest in the righty.
Peralta’s appeal is obvious. He’s a durable 29-year-old righty with a 3.30 ERA over his past five seasons, including a career-low 2.70 earned run average this past season (albeit with rate stats and fielding-independent marks that suggest it’s more reasonable to expect a low-3.00s ERA than another sub-3.00 mark). Peralta averages nearly 95 mph on his heater, misses bats at a high level, has only slightly worse-than-average command and, crucially, is earning just $8MM next season. That’s his final year before free agency, but even as a one-year rental, a team surrendering young talent to acquire Peralta would know that he’ll likely net a 2027 draft pick, as he’s a virtual lock to receive and reject a qualifying offer.
For luxury-paying clubs, Peralta’s modest salary is particularly enticing. That’s all the truer for teams like the Yankees, Mets and Dodgers, who figure to be in the top penalty tier for at least a third consecutive season. Those clubs are effectively paying double for any subsequent additions to the payroll. The Dodgers are already in the top tax bracket and thus would pay a 110% tax on any new additions to the payroll. The two New York clubs are just shy of the top tax bracket, but even while sitting in the third penalty tier, they’d be subject to a 95% tax. And both are close enough to the fourth-tier threshold that Peralta would put them right up against it or push them over.
For the Braves and Red Sox, the penalties would be far less severe. Atlanta didn’t pay the tax at all last year and is currently in the first penalty tier. They’d receive only a 20% ($1.6MM) slap on the wrist for adding Peralta’s salary to the ledger. The Red Sox would be crossing the tax line for just the second straight season, as they were under the threshold in 2024. They’re currently about $3MM shy of the tax cutoff, per RosterResource. As a second-time offender they’d pay a 30% tax on the first $20MM by which they exceed the limit. For Peralta, that’d be only a hair over $1.5MM.
In terms of roster fit, it’s pretty easy to see how Peralta would fit onto any of the listed clubs. Atlanta currently has Chris Sale, Spencer Strider, Spencer Schwellenbach, Reynaldo Lopez and Hurston Waldrep lined up as its likely top five. Each of Sale, Strider, Schwellenbach and Lopez missed time with injuries in 2025. Lopez started only one game. Sale missed more than two months with fractures in his ribcage. Schwellenbach’s season ended in late June when he suffered a fracture in his right elbow. Strider posted a 4.45 ERA in his first season back from UCL surgery. Waldrep was impressive as a rookie but tossed only 56 1/3 innings in the majors.
The Dodgers certainly don’t “need” more starting pitching, but the old “no such thing as too much pitching” adage applies to veritably any club. Adding Peralta would be about further deepening the club’s October options. Yoshinobu Yamamoto, Blake Snell, Shohei Ohtani, Tyler Glasnow, Roki Sasaki, Emmet Sheehan and Justin Wrobleski give the Dodgers an embarrassment of riches, and high-upside younger arms like River Ryan, Gavin Stone and Kyle Hurt are all on the mend from 2024 surgeries. Top prospect Jackson Ferris isn’t far from MLB readiness. It’s a deep group, but the Dodgers probably don’t want to simply presume that all of their more established arms will be healthy for the postseason. Bringing in another top-tier arm to join the group would further bolster their choices as they pursue an elusive threepeat.
The Yankees have yet to make an addition to the big league roster, beyond re-signing Ryan Yarbrough on a cheap one-year deal and selecting righty Cade Winquest from the Cardinals in the Rule 5 Draft. With Carlos Rodon, Gerrit Cole and Clarke Schmidt all ticketed to open the season on the injured list, they could use some rotation help. The Mets, meanwhile, have subtracted more big names than they’ve added this winter. President of baseball ops David Stearns knows Peralta well from his Milwaukee days. The current Mets rotation is heavily reliant on rebounds from Kodai Senga and Sean Manaea as well as notable steps forward from prospects like Jonah Tong and Brandon Sproat. The Red Sox have added Sonny Gray and Johan Oviedo to what was already a pretty deep mix, but Peralta would be a clearer No. 2 option behind ace Garrett Crochet than Gray or right-hander Brayan Bello.
Other teams have surely shown interest in Peralta. Earlier in the offseason, it was reported that the Astros had looked into him, but they’ve since added Mike Burrows in a trade and Tatsuya Imai in free agency. The Orioles have shown interest as well, though Baltimore acquired Shane Baz and re-signed Zach Eflin, at least reducing some urgency. (Peralta would still be a notable and needed upgrade to the top end of the staff.) The Athletic’s report notes that some lower-payroll clubs are also looking into Peralta, given that his $8MM price point is affordable for any team.
Broadly speaking, it stands to reason that any 2026 postseason hopeful in the sport has probably at least gauged the asking price on Peralta. Rosenthal and Sammon suggest that a major league-ready starting pitcher is very likely to be a starting point in any talks regarding Peralta. Milwaukee won an MLB-best 97 games in 2025 and is seen as a favorite in the NL Central as a result. The Brewers know they could also get a compensatory pick in the 2027 draft if and when Peralta departs via free agency. They’re a revenue sharing recipient who doesn’t pay the luxury tax, so that pick would come at the end of the first round. That establishes a pretty reasonable base line that needs to be exceeded in any trade talks, and targeting MLB-ready help for a win-now club is only natural.
A Peralta trade shouldn’t be seen as likely. Milwaukee brass has publicly downplayed the possibility, but the Brewers will never fully close themselves off to trades of any notable stars as they approach free agency. Milwaukee traded Corbin Burnes, Devin Williams and Josh Hader near the end of their original windows of club control, after all. However, the Brewers also held onto Willy Adames for the 2024 season, knowing he’d likely reject a qualifying offer and depart via free agency, which is precisely how things played out. Keeping Peralta would give Milwaukee a deep and talented rotation, as he’d be joined by Brandon Woodruff, Jacob Misiorowski, Quinn Priester and Chad Patrick, with depth options including Logan Henderson, Tobias Myers and former top prospect Robert Gasser, who’ll be returning from Tommy John surgery.
Astros Haven’t Discussed Extension With Manager Joe Espada, GM Dana Brown
Astros manager Joe Espada and GM Dana Brown are entering the final seasons of their respective contracts. It’ll be Espada’s third season in the role and Brown’s fourth year running baseball operations.
Many clubs prefer not to have their manager and front office heads on lame duck contracts. Astros owner Jim Crane has been more willing to do that than most of his counterparts, and it appears that both Brown and Espada may need to work on expiring deals in 2026. Crane said on Monday morning that there had been no extension conversations with either the GM or skipper, nor did the owner seem interested in doing that this offseason.
“I think we’ll go through this year like we always do, evaluate it and then make the decision at the end of the year,” Crane said (link via Matt Kawahara of The Houston Chronicle). “We won’t probably do any extensions now. But I’m not saying that’s impossible. We haven’t talked about it yet. We’ve been focused on getting what we need to compete this next year.”
That doesn’t necessarily indicate any kind of dissatisfaction on Crane’s part with the team’s direction. Dusty Baker managed the Astros on a series of one-year contracts before retiring after the 2023 season. Houston also allowed former GM James Click to work through the end of his contract in ’22. That was driven partially by personal discord between Click and Crane that led the Astros to move on from him even though the team won the World Series. There’s no suggestion of such issue between Crane and his current staff.
The Astros narrowly missed the playoffs last season, snapping an eight-year run of postseason appearances in the process. Their 87-75 record was only marginally worse than the 88-win showing that was enough to claim an AL West title one year earlier. Houston was in control of the division at the All-Star Break last year, but they played at a slightly below-.500 pace in the final three months of the season. That was enough to not only drop behind the Mariners but also fall back of the Guardians, who rode a September hot streak into an improbable playoff berth to bump Houston from the field.
Houston’s focus this winter has been on the rotation with Framber Valdez hitting free agency. They’ve added Mike Burrows and Tatsuya Imai as mid-rotation arms behind ace Hunter Brown. The roster is probably close to what they’ll have on Opening Day, but they’re looking for a backup catching upgrade behind Yainer Diaz and could try to land a better left-handed hitting outfielder than Jesús Sánchez.
Giants’ GM Zack Minasian Discusses Rotation
The Giants finalized their one-year, $10MM contract with Tyler Mahle this afternoon. He’s their second short-term free agent rotation addition. They brought in Adrian Houser on a two-year, $22MM deal last month.
Mahle and Houser are back-end types rather than the top-of-the-rotation arm which many fans hoped the Giants would add when president of baseball operations Buster Posey called pitching the offseason focus. The team has consistently downplayed their desire to make expensive or long-term free agent commitments and their first couple moves align with that reluctance. Like every team, they’ll continue to keep an eye on the rotation market, but general manager Zack Minasian suggested the Mahle and Houser moves may complete the rotation.
“We’re very comfortable with the five that we have and then the bundle of arms behind them now to say that our depth is in a much better spot than it was at the beginning of the offseason,” Minasian told reporters (links via John Shea of The San Francisco Standard and Susan Slusser of The San Francisco Chronicle). “We’re happy with where we’re at. We’ll keep working at it but I do think this is a solid five-man rotation going into the spring.”
Mahle and Houser would slot alongside Landen Roupp as the back three starters behind Logan Webb and Robbie Ray. They have a number of intriguing but unproven younger arms who’d compete to be the first one up in the event of an injury. Trevor McDonald, Keaton Winn, Hayden Birdsong, Carson Whisenhunt, Carson Seymour and Blade Tidwell are all on the 40-man roster. Everyone in that group has minor league options remaining and/or could contribute in a multi-inning role out of the bullpen.
While it’s a deeper group than most clubs have, the Giants are arguably lacking at the top end of the staff. Webb is a true ace, of course, but Ray tailed off in the second half. He had a solid year overall, striking out nearly a quarter of opponents with a 3.65 ERA across 182 1/3 innings. His ERA spiked to 5.54 as his strikeout rate dropped by five percentage points after the All-Star Break.
Houser was in Triple-A at the beginning of last season. He had a fantastic ERA over 11 starts for the White Sox but struggled after a deadline trade to Tampa Bay. Mahle is coming off a 2.18 ERA over 16 starts for the Rangers, yet his 19.1% strikeout rate was well below the plus marks he posted early in his career with the Reds. The righty also hasn’t reached 25 starts in any of the past four seasons because of 2022 Tommy John surgery and shoulder issues in each of the last two years.
The Giants opened the 2025 season with a $173MM payroll. RosterResource estimates they’re around $185MM for next season. That doesn’t include a $17MM deferred signing bonus owed to Blake Snell which comes due next week. The Giants have yet to address a wide open right field spot or done anything to add a late-inning reliever after last summer’s Camilo Doval and Tyler Rogers trades and losing Randy Rodríguez to injury. They’re also poking around for an upgrade over Casey Schmitt at second base.
The payroll situation has seemingly taken them out of the mix for the top free agent starters. Trading Ray would offload most or all of his $25MM salary and create some short-term spending capacity if they wanted to upgrade the #2 starter spot, but that’d require a longer deal than their remaining one year commitment to Ray. (Framber Valdez, Ranger Suárez and Zac Gallen are the top unsigned starters.) Trading for a controllable starter like MacKenzie Gore and Edward Cabrera would require significant prospect capital. Even if the Giants turn to the trade market, they may focus more on the other needs and hope that Roupp and/or one of the unproven starters takes a step forward to raise the rotation’s ceiling.
