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Previewing Upcoming Qualifying Offer Decisions

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The World Series concludes this weekend, and the offseason gets underway almost immediately thereafter. Teams and players have to decide whether to exercise contractual options within five days of the Series ending, while clubs also must determine whether to issue their impending free agents a qualifying offer before free agency officially opens. MLBTR’s Mark Polishuk took a preliminary look at the qualifying offer class in August (position players/pitchers).

With another few months of play in the books, we’ll take a final run at previewing the class. As a refresher, the qualifying offer is a one-year offer that’s calculated by averaging the salaries of the 125 highest-paid players in the majors in a given season. That value has been set at $19.65MM for this offseason. If a player rejects the offer, he sets out into free agency. The player’s previous team would receive draft pick compensation if he signs elsewhere, while a team that signs another club’s qualified free agent would forfeit a draft choice (or choices) and possibly international signing bonus space.

Draft pick compensation and forfeiture differs depending on a team’s revenue sharing status and whether they exceeded the luxury tax threshold this year. MLBTR’s Tim Dierkes looked yesterday at what picks each team would lose were they to sign a qualified free agent; conversely, Mark Polishuk covered the draft pick compensation clubs would land if one of their qualified free agents departed.

Locks

There’s not a whole lot to say about this group. These are 10 of the best impending free agents. Bogaerts, deGrom, Judge, Rodón, Swanson and Turner are all going to top nine figures. Díaz, Nimmo and maybe Contreras could get to $100MM. Bassitt doesn’t have quite that earning power, since he’ll turn 34 in February. That caps the length of the contract he can expect, but the veteran righty is arguably the fourth-best starting pitcher on the market. He’s likely to land an annual salary similar to the value of the QO over a multi-year term.

Possible Candidates

A stable back-of-the-rotation strike-thrower, Anderson inked an $8MM guarantee with the Dodgers last year. The veteran southpaw responded with a career season, posting a sparkling 2.57 ERA across 178 2/3 innings. He walked fewer than 5% of opposing hitters and averaged almost six innings per appearance, an incredible source of stability in a rotation that dealt with a fair share of injuries.

Headed into his age-33 season, Anderson is now in position for easily the best payday of his career. The question is whether that might come in the form of the QO. The Dodgers certainly have the budget for an investment of that size, and they’re never shy about stockpiling pitching depth. Yet it’s fair to wonder whether Anderson projects markedly differently than he did last winter when he was coming off a combined 4.49 ERA from 2020-21. He benefited from a career-low .256 batting average on balls in play this year, and his 19.5% strikeout rate is a near-match for his 2021 mark. His fastball still averages under 91 MPH, and while he turned to his changeup more often this past season than he has previously, he didn’t dramatically overhaul his repertoire. Anderson’s a solid pitcher with a knack for getting opponents to chase and make weak contact, but he doesn’t brandish the kind of power arsenal that’d immediately endear him to teams.

Eovaldi is wrapping up a four-year deal he signed with the Red Sox on the heels of his incredible 2018 postseason. The right-hander had a tough 2019 season but has followed up with three generally solid years since then. Eovaldi has posted an ERA between 3.72 and 3.87 since 2020, consistent mid-rotation production. That’s in line with what he’s done for much of his career.

Despite possessing big velocity, Eovaldi’s more of a control artist than a bat-missing weapon at the top of the starting staff. He’s incredibly walked less than 5% of opposing hitters in each of the last three years, with a cumulative 4.4% mark that’s the second-lowest among 94 pitchers with 250+ innings over that stretch. He posts above-average swinging strike rates but not elite numbers in that regard, and he tends to give up a fair number of home runs.

One can argue Eovaldi’s the fourth or fifth-best free agent starter available, although he spent time on the injured list this year with separate back and shoulder concerns en route to just 109 1/3 innings. His typical 97+ MPH heater sat at a slightly diminished (but still strong) 95.7 MPH this year. Eovaldi has two Tommy John surgeries on his ledger and has some durability question marks, but a strong one-year risk could be palatable for a big-spending team that has virtually no certainty in the rotation. At the same time, the Sox would receive only a compensatory pick after the fourth round if he rejects a QO and departs, thanks to their paying the luxury tax in 2022. That’s of marginal value, so Boston’s only really incentivized to make a QO if they hope he accepts.

Despite playing his home games in one of the league’s more pitcher-friendly environments, Haniger popped 39 home runs in 2021. That was a career-best power spike, but it demonstrated the kind of offensive potential he has when healthy. The right-handed slugger posted well above-average hitting marks in 2017-18 before an average ’19 campaign and a 2020 season wiped out by injury. His 2022 showing was more in the latter bucket, as he lost a chunk of the summer to a high ankle sprain and posted a .246/.308/.429 line in 247 trips to the plate.

Haniger’s a middle-of-the-order caliber bat who plays an adequate corner outfield, and he should find a multi-year deal going into his age-32 campaign if the Mariners don’t make him a QO. On the heels of this platform season, he’d have to seriously consider accepting the QO if offered. Seattle has a fair bit of near-term financial flexibility to make that bet, but they also have a number of in-house outfielders who can step in more affordably if Haniger walks.

The Dodgers rolled the dice on Heaney after a home run-filled 2021 season, signing him for $8.5MM. The southpaw didn’t provide much volume, missing extended stretches of the year fighting shoulder discomfort. When he was healthy enough to take the mound, the 31-year-old was brilliant. Heaney posted a 3.10 ERA and struck out an incredible 35.5% of opposing hitters through 72 2/3 innings. He got a swinging strike on a whopping 16.8% of his offerings, the highest rate of any pitcher with 70+ innings pitched. Heaney put up ace-caliber numbers when he took the hill, but he pitched less than half the season and is only a year removed from a 5.83 ERA over 30 outings with the Angels and Yankees.

Unlike a few other pitchers on this list, one can easily point to a huge change with Heaney that could’ve spurred his breakout. He started throwing a slider for the first time since 2017, turning to it as his go-to secondary offering while ditching his curveball and scaling way back on his changeup usage. The new breaking ball was fantastic, holding opponents to a .170 batting average with one of the highest whiff rates in the league.

That leads to a tough decision for L.A. The Dodgers have shown as much willingness as any team to take short-term risks on high-upside players, including Heaney himself last winter. There’s a difference between an $8.5MM gamble and one pushing $20MM, but he could be next in the line of Kevin Gausman and Carlos Rodón breakout types if he can stay healthy.

A former top prospect, Pérez has bounced around the league but consistently put up below-average results after some early-career success. He returned to his original organization last offseason, inking a $4MM deal with the Rangers after a pair of rough seasons in Boston. That proved to be one of the better buy-low moves of the winter, as Pérez made 32 starts and soaked up 196 1/3 innings. He posted a 2.89 ERA, a top 25 mark among hurlers with 100+ innings. Despite pitching in the majors for over a decade, he’s only entering his age-32 season.

If the Rangers are confident Pérez can come close to replicating his 2022 production, then a QO would be an easy call. Yet it’s fair to wonder how sustainable the southpaw’s success is. He posted an ERA north of 4.00 every year between 2014-21. He didn’t experience any kind of velocity bump, nor did his strikeout and walk profile change. Pérez only punched out 20.6% of opponents on a meager 8.4% swinging strike rate. He did induce ground-balls at a quality 51.4% clip, but he’s previously posted strong grounder rates without finding much success keeping runs off the board. Pérez made some small tweaks to his repertoire, using his sinker more against right-handed batters while leaning a bit more heavily on his cutter against lefties. Without a massive overhaul or velocity spike, though, it’s hard to know how much of his improved results truly represent a step forward.

Rizzo inked a two-year, $32MM guarantee to return to the Yankees in Spring Training. The deal allowed him to opt out of the final $16MM after this season, and the first baseman now looks as if he’ll do so. After a couple fine but unspectacular years, Rizzo bounced back with a 32-homer showing for the first time since 2017. He only hit .224, but that’s largely due to a career-worst .216 batting average on balls in play. Few hitters in baseball were shifted against more often, and the upcoming limitations on shifting should help him find a few more base knocks. Even if the shift ban doesn’t lead to a jump in performance, his .224/.338/.480 mark through 548 plate appearances checked in 32 points above the league average by measure of wRC+.

Heading into his age-33 campaign, Rizzo’s likely limited to two or maybe three-year offers. Those should be at annual rates at least approaching the value of the qualifying offer. It seems unlikely Rizzo would accept a QO. After all, in order to be eligible for the qualifying offer, he’d first have to decline a $16MM salary for next year. Perhaps he’d be content to take the accompanying $3.65MM pay bump before re-testing free agency after 2023, but he’d presumably prefer a new multi-year arrangement. Even if he does accept the QO, the Yankees could find that a reasonable investment, as Rizzo’s high-contact lefty bat plays well in their ballpark and in a lineup that otherwise skews toward the right side.

Taillon has spent the past two years in the Bronx after coming over from the Pirates via trade. New York rolled the dice at the time, surrendering a few solid prospects for a pitcher who’d missed the 2020 season after undergoing the second Tommy John surgery of his career. Taillon rewarded their faith, posting the #3/4 starter-type numbers he had throughout his time in Pittsburgh. Over the past two years, the right-hander owns a 4.08 ERA through 61 starts in a hitter-friendly environment. He’s punched out a slightly below-average 21.9% of opponents but only walked 5.7% of batters faced, holding the opposition to a .242/.290/.426 line.

Heading into his age-31 season, Taillon is one of the better options in a class full of mid-rotation starters. He averages around 94 MPH with his fastball, throws plenty of strikes and has flashed the ability to both miss bats and keep the ball on the ground at times in his career. Taillon never became the ace some may have expected when he was drafted second overall back in 2010, but he’s a rock-solid league average starter. Clubs may have some trepidation long-term about the two Tommy John procedures in his past, but the only injured list stint he’s required in the last two years was a two-week absence in September 2021 for an ankle issue. The Yankees do have a number of rotation options, but there’s enough uncertainty with players like Luis Severino, Domingo Germán and Clarke Schmidt they’d seem content to welcome Taillon back if he accepts the QO.

Walker’s going to decline a $6MM player option in favor of a $3MM buyout, leaving the Mets to decide whether to follow up with a QO. Signed over the 2020-21 offseason, the right-hander had a somewhat disappointing first season in Queens, posting a 4.47 ERA. He rebounded with a strong 3.49 mark in 157 1/3 innings this past season, taking the ball 29 times despite a minor early-season IL stint due to shoulder bursitis. He didn’t overpower opponents, striking out a slightly below-average 20.3% of batters faced, but he consistently threw strikes and got ground-balls at an above-average 46.2% clip.

Heading into his age-30 season, Walker looks the part of a useful mid-rotation starter. He battled some injury issues early in his career but has mostly been healthy the last two years. He averages a bit under 94 MPH on his fastball, is effective against hitters from both sides of the plate and is coming off arguably the best season of his career. Walker gives up a decent amount of hard contact, but that’s perhaps not as concerning for a Mets team that plays its home games in a pitcher-friendly ballpark as it would be to some other clubs. The Mets have a number of impending free agents in the rotation and as high a spending ceiling as any team in the game, so they could be content to absorb a heavy one-year salary for Walker.

Longshots

Entering the season, Clevinger looked like one of the higher-upside options in the class. He was coming off a 2021 campaign lost to Tommy John surgery, but he’d been excellent for the Indians and Padres from 2017-20. This year didn’t go well, though. Clevinger’s stuff was notably down from his pre-surgery form, and his results were below-average across the board. He finished the season with two abysmal playoff starts, and the Padres are probably content to let him sign elsewhere.

Eflin had a solid case for a three-year deal midway through the first half. The typically effective right-hander then lost two months with a right knee injury, an unfortunate continuation of knee troubles that have plagued him since before he began his career. Eflin has undergone multiple knee surgeries in the past, and while he didn’t need to go under the knife this year, the absence kept him to working in shorter stints out of the bullpen for the stretch run and the playoffs. Coming off that platform season, it’s hard to see the Phillies offering a salary approaching $20MM.

Kershaw’s an easy QO candidate in a vacuum. He’s still one of the game’s best pitchers on a rate basis, and a $19.65MM salary is a bargain for even the 126 1/3 innings of 2.28 ERA ball he gave the Dodgers this past season. Yet that was also true last winter, when the future Hall of Famer was coming off a 3.55 mark across 121 2/3 frames. The Dodgers opted against a QO — not because they were against guaranteeing him a lofty one-year salary, but because they wanted to give Kershaw more than the 10 days allotted to QO recipients to determine his next steps, as president of baseball operations Andrew Friedman later explained. Friedman has already implied they’ll do the same this winter.

San Diego acquired Manaea from the A’s in Spring Training, hoping to solidify an already strong rotation with a durable source of mid-rotation innings. The southpaw mostly delivered on that for the first half, posting a 4.11 ERA through the All-Star Break. His final couple months were a disaster, though. Manaea was barraged for a 6.44 ERA in the second half, coughing up 15 homers along the way. The Friars gave him just one postseason start, and he failed to make it out of the second inning while giving up five runs in a loss to the Phillies. Before these past few months, Manaea had a consistently solid track record, and his 2022 strikeout and walk rates are in line with his career marks. He should be a popular bounceback candidate in free agency, but as with Clevinger, it feels like the Padres are set to move on.

Profar can opt out of the final year and $7.5MM on his deal with San Diego. He’ll do so and beat that modest figure on the heels of a useful .243/.331/.391 showing over 658 plate appearances. Profar has put up slightly above-average offensive numbers in two of the past three seasons, but he’s now limited to left field after throwing issues pushed him off second base. Without much defensive value or a carrying tool at the plate, he’s not going to command a salary approaching the value of the QO in free agency.

Stripling had a strong 2022 season as a swing option for the Blue Jays. He started 24 of 32 appearances, tallying 134 1/3 innings of 3.01 ERA ball. The veteran righty doesn’t throw particularly hard, but he missed bats on a decent 11% of his offerings and only walked 3.7% of opponents. Stripling proved a surprisingly key piece of the Jays starting staff, but he’s headed into his age-33 season and had a ghastly 5.14 ERA from 2020-21. Toronto could well look to bring him back, but his career track record doesn’t support a salary in the QO range.

Wacha put up a 3.32 ERA across 127 1/3 innings for the Red Sox this year, making good after inking a $7MM free agent guarantee. The righty didn’t dramatically overhaul his approach, though, posting lower strikeout and swinging strike numbers than he did during 2020-21 campaigns in which he combined for a 5.39 ERA over 37 outings. Wacha’s a solid strike-thrower and has given himself a shot at a multi-year deal, but it wasn’t the kind of resounding breakout that should position him for a salary pushing $20MM. Even for a Red Sox team that needs to overhaul its rotation, that’d be an eyebrow-raising investment, and it’s hard to imagine Wacha turning the QO down if offered.

Ineligible

All six of these players would’ve been at least plausible qualifying offer candidates, but they’re ineligible to receive one under the terms of the collective bargaining agreement. Teams can’t qualify any player who has previously received a QO in his career, nor are they allowed to tag a player they acquired midseason. The ’previous QO provision’ rules out Abreu, Correa and Verlander; Bell and Benintendi were traded midseason. Syndergaard is ineligible on both accounts.

Which Draft Picks Each Team Would Receive For Losing A Qualified Free Agent

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Earlier today, MLBTR’s Tim Dierkes outlined what each team would have to surrender as compensation if it signed a free agent who rejected a qualifying offer.  Now, let’s take a look at what each team would receive in return if one of their free agents turned down a QO and signed with another club.  (As a reminder, players can’t be issued a qualifying offer more than once during their careers, and this year’s QO is set for $19.65MM.)

Revenue Sharing Recipients: Diamondbacks, Orioles, Reds, Guardians, Rockies, Tigers, Royals, Marlins, Brewers, Twins, Athletics, Pirates, Mariners, Rays

If any of these teams has a QO-rejecting free agent who signs elsewhere for more than $50MM in guaranteed money, the compensatory pick falls after the first round of the draft.  That means a pick that could fall within the top 30, since the Mets’ and Dodgers’ first selections dropped out of the first round because they exceeded the luxury tax threshold by more than $40MM.  If a team has a QO-rejecting free agent who signs elsewhere for less than $50MM guaranteed, the compensatory pick would come between Competitive Balance Round B and the start of the third round (roughly 75th-80th overall).

This winter’s free agent class doesn’t consist of many players who are plausible QO candidates from any of these team, except for possibly Mariners outfielder Mitch Haniger.  If Seattle did issue Haniger a qualifying offer, however, the compensation issue might still be a moot point since there is a chance Haniger might just accept the offer (after an injury-shortened season) and remain with the M’s.

Teams Who Don’t Receive Revenue-Sharing Funds, And Who Didn’t Pay The Competitive Balance Tax: Braves, Cubs, White Sox, Astros, Angels, Giants, Cardinals, Rangers, Blue Jays, Nationals

For these teams, the compensatory pick for losing a qualified free agent would also fall between CBR-B and the start of the third round (regardless of whether the player signed for more or less than $50MM).

Dansby Swanson (Braves), Willson Contreras (Cubs), and Carlos Rodon (Giants) will all surely receive qualifying offers.  Cardinals third baseman Nolan Arenado would’ve also been an obvious pick, except he chose to avoid free agency altogether in deciding to not opt out of his contract.

Competitive Balance Tax Payors: Red Sox, Dodgers, Mets, Yankees, Phillies, Padres

If a team exceeds the luxury tax, they still receive a pick if a qualified free agent signed elsewhere, but that compensatory pick falls after the fourth round of the 2023 draft.  That roughly works out to around the 140th overall pick in the draft, so it’s a pretty noteworthy drop from the 75-80 range from the previous grouping.

The penalty is more significant in this particular offseason, given how many of these teams have very prominent free agents that will surely receive qualifying offers.  The Yankees have Aaron Judge, the Dodgers have Trea Turner and maybe Tyler Anderson, the Red Sox have Xander Bogaerts and probably Nathan Eovaldi, and the Mets have a full quartet — Jacob deGrom, Edwin Diaz, Chris Bassitt, and Brandon Nimmo.

Exceeding the tax line can be seen as the cost of doing business, given how five of the six payors made the playoffs and the Phillies are competing for the World Series.  For the Red Sox, however, crossing the CBT threshold is doubly painful, as Boston didn’t even post a winning record in 2022.

Which Draft Picks Each Team Would Forfeit By Signing A Qualified Free Agent

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As part of the new collective bargaining agreement, MLB and the MLBPA allowed for the creation of an international amateur draft.  As this was something MLB was pushing for, the proposed tradeoff was the elimination of free agent compensation.  The two sides reached their overall CBA in March, but included a July 25th deadline for the possible international draft/free agent compensation trade.  The two sides failed to reach an agreement by that July deadline, so the qualifying offer system for free agent compensation that was agreed to 11 years ago remains in place.

The qualifying offer is set at $19.65MM this offseason, and by mid-November we’ll know which players received and turned down a QO.  Certain star free agents, including Aaron Judge and Trea Turner, are locks to receive and turn down a qualifying offer.  A dozen others could easily join them.

If those players sign with new teams, here’s a look at the draft picks each signing club would lose.

Competitive Balance Tax Payors: Red Sox, Dodgers, Mets, Yankees, Phillies, Padres

If any of these six teams signs a qualified free agent from another team, it must forfeit its second-highest and fifth-highest pick in the 2023 draft. The team will also have its international signing bonus pool reduced by $1MM.

Revenue Sharing Recipients: Diamondbacks, Orioles, Reds, Guardians, Rockies, Tigers, Royals, Marlins, Brewers, Twins, Athletics, Pirates, Mariners, Rays

These 14 teams received revenue sharing and did not exceed the competitive balance tax. If one of these teams signs a qualified free agent, it forfeits its third-highest pick. These teams face the smallest draft pick penalty.  The Twins and Mariners are realistic possibilities to sign a qualified free agent, while the Orioles and a few other revenue sharing recipients may lurk as dark horses.

All Other Teams: Braves, Cubs, White Sox, Astros, Angels, Giants, Cardinals, Rangers, Blue Jays, Nationals

These 10 remaining teams would forfeit their second-highest pick and and have their international signing bonus pool reduced by $500K. The penalty is something of a middle ground.

What happens if a team signs two qualified free agents? The CBA calls for forfeiture of the next highest available draft pick. For example, if a team has already lost its second and fifth-highest picks and it signs a second qualified free agent, it would lose its third and sixth-highest picks. So as in the past, if you’ve already signed one qualified free agent, the draft pick cost to sign another is reduced.

Red Sox Sign Catching Instructor Jason Varitek To Extension, Expected To Retain Coaching Staff

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The Red Sox have agreed to a three-year contract extension with catching instructor/game-planning coordinator Jason Varitek, his wife Catherine announced this morning (Twitter link). Alex Speier of the Boston Globe reports that Varitek will return in the same capacity for 2023; more broadly, Speier notes the entire coaching staff is expected back next season.

That’s not especially surprising, as manager Alex Cora announced immediately after the season ended he hoped to retain his staff. It seemed the biggest question was whether bench coach Will Venable might depart for greener pastures. Venable has long been viewed as a viable managerial candidate, and he indeed drew some attention for the Royals job that eventually went to former Rays bench coach Matt Quatraro. With all the managerial vacancies now filled and no anticipated further turnover this offseason — Astros skipper Dusty Baker is on an expiring contract but expected to re-sign with Houston — Venable seems headed for a third season as bench coach.

Varitek, a 15-year MLB veteran who spent his entire big league career in Boston, was a three-time All-Star during his playing days. He retired after the 2011 campaign but has remained in the organization in various non-playing capacities. That includes his time on the coaching staff as game planning coordinator, which he first assumed over the 2020-21 offseason.

It’ll be Cora’s third consecutive season managing in Boston and his fifth overall. Aside from Venable, his top returning staffers will be second-year hitting coach Peter Fatse and fourth-year pitching coach Dave Bush.

Chris Sale Will Not Exercise Opt-Out Clause

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In one of the least-surprising opt-out decisions in recent memory, left-hander Chris Sale has informed the Red Sox that he will not exercise the opt-out clause in his five-year, $145MM contract, chief baseball officer Chaim Bloom tells Alex Speier of the Boston Globe.

There’s never been any real thought that Sale was a candidate to opt out of the remaining two years and $55MM on that ill-fated extension. He pitched just 5 2/3 innings with the Sox this season and, over the first three years of the agreement, has tallied just 48 1/3 innings through 11 starts. Sale underwent Tommy John surgery in March of 2020 and thus missed the entirety of that year’s truncated season.

The recovery from that Tommy John procedure sidelined him into August of 2021, and his 2022 season was derailed by a series of bizarre injuries; Sale was shelved for the beginning of the 2022 season due to a stress reaction in his ribcage, and he suffered a broken pinkie finger upon being hit by a comebacker shortly after returning. The Red Sox announced in early August that Sale had fractured his wrist in a bicycle accident and would miss the remainder of the season.

It’s been a nightmare start to the contract extension for the Red Sox, although this year’s slate of injuries, in particular, seem fluky in nature. To Sale’s credit, in the small amount of time he’s been healthy enough to take the mound during the first three years of the extension, he’s been excellent. In those 48 1/3 innings, Sale owns a 3.17 ERA with a strong 27.4%% strikeout rate against a tidy 6.3% walk rate. Inning-for-inning, that’s largely the type of performance the Sox were hoping for — but Sale’s body has not held up.

Looking ahead, the Sox have little choice but to hope Sale can get healthy and finally reclaim a spot near the front of their rotation. The lefty’s contract has zero trade value at present, and even if it did, Sale has full veto power over any potential trade by virtue of his 10-and-5 rights (ten years of Major League service time, including at least the past five with the same team).

The 33-year-old Sale (34 in March) is but one of many question marks for the Boston rotation. Nick Pivetta is the only largely established starting option for the Sox heading into 2023. Top prospect Brayan Bello could vie for a spot but didn’t quite seize one in this year’s rookie effort (57 1/3 innings, 4.71 ERA — albeit with better secondary marks). Righty Garrett Whitlock has obvious rotation potential but has thus far been shuttled between the starting staff and the bullpen. Fellow righties Kutter Crawford, Josh Winckowski and Connor Seabold were all hit hard as rookies in 2022.

Suffice it to say, with Nathan Eovaldi, Michael Wacha and Rich Hill all set to become free agents and Sale more or less a complete question mark, starting pitching will be one of the main focuses for the Red Sox this offseason. It won’t be their sole pursuit, however, as the Sox also potentially stand to lose Xander Bogaerts to free agency and still hope to extend slugger Rafael Devers, who is set to reach the open market following the 2023 campaign.

Including Sale’s weighty salary, the Sox have $86.72MM committed to next year’s books, although that’s counting a $20MM salary for Bogaerts, who is certain to opt out of his contract’s final three seasons. Boston also has nearly $40MM in projected arbitration salaries and is on the hook for some hefty contractual buyouts — most notably the $8MM yet owed to the since-released Jackie Bradley Jr. They’ll quite possibly be on the hook for James Paxton’s $4MM player option, which he’ll have the ability to exercise once the Sox make the easy call to decline his two-year, $26MM club option.

Tyler Danish Elects Free Agency

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The Red Sox announced that reliever Tyler Danish has elected minor league free agency. Boston had evidently placed the right-hander on waivers in recent days, freeing up a spot on the 40-man roster.

Danish spent a year in Boston. A former second round pick of the White Sox, he signed a minor league contract with the Red Sox in Spring Training and cracked the 40-man roster before Opening Day. Boston didn’t immediately carry him on the big league club but he pitched his way to the majors by the middle of April. It marked his first big league action in four years, as he’d kicked around the upper minors without landing an MLB opportunity from 2019-21.

The 2022 campaign was by far Danish’s longest look against big league competition. Manager Alex Cora called upon him 32 times, giving him 40 1/3 innings out of the bullpen. He pitched to a 5.13 ERA, striking out only 18.5% of opponents on a modest 7.4% swinging strike rate. He did show the best control of his career, walking only 6.9% of opposing hitters, but his lack of missed bats and a higher than average seven home runs against (1.56 HR/9) push him off the roster.

Danish isn’t a particularly hard thrower, averaging just under 91 MPH on his sinker. He leaned primarily on a curveball this year, with that low-80s offering generating a fair amount of soft contact but not missing many bats. Danish was reasonably effective against right-handed batters, against whom he managed a .245/.310/.415 line. He couldn’t find much of an answer for southpaws, though, punching out just seven of the 57 lefties he faced and surrendering a .275/.351/.490 mark.

Because he’s already been outrighted in his career, Danish had the right to elect free agency as soon as he cleared waivers. He’ll head back to the open market and may be looking at minor league offers with Spring Training invitations once again.

With the offseason approaching, the Red Sox are conducting typical roster maintenance. Removing Danish from the 40-man drops their tally to 39. The Sox have five players on the 60-day injured list who’ll need to be reinstated at the start of the offseason, although they’re on track to see seven players hit free agency (including Xander Bogaerts, who’s a lock to opt out of his contract if the sides don’t agree on an extension in the next week and a half).

Royals Considering Will Venable For Managerial Job

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Red Sox bench coach/outfield instructor Will Venable is one of the candidates to be the Royals’ new manager, according to The New York Post’s Jon Heyman.  Venable is a new addition to a field known to include several internal candidates (K.C. bench coach Pedro Grifol, third base coach Vance Wilson and Triple-A manager Scott Thorman) as well as Rays bench coach Matt Quatraro and Dodgers first base coach Clayton McCullough.

It is possible other names are still under consideration, though it does seem like the Royals might be nearing the final stages of their search, as Heyman writes that “Quatraro has been seen as the favorite” and past reports have suggested McCullough as a finalist.  Phillies third base coach Dusty Wathan also interviewed with the Royals but is now out of the running after signing a contract extension to remain in Philadelphia.

Venable (who celebrates his 40th birthday today) is known by most fans for his nine-year playing career, which saw him suit up for eight seasons with the Padres and brief stints with the Rangers and Dodgers from 2008-16.  Moving almost directly into a new role as a coach, Venable was on the Cubs’ staff from 2018-20 as a first base and third base coach, and then took his current role as Alex Cora’s right-hand man prior to the 2021 season.

With more teams frequently looking to hire younger managers only recently removed from their playing days, Venable has been a popular interview candidate for the last few cycles’ worth of managerial searches.  The Athletics, Giants, Astros, and Tigers all spoke with Venable in regards to recent openings in the dugout, and the Red Sox themselves interviewed Venable for the manager’s job before re-hiring Cora, though the Sox were obviously still impressed enough to bring Venable on board as bench coach.

Of the six known candidates in the Royals’ search, none have previously worked as a Major League manager on anything more than a fill-in basis.  (For instance, Venable served as Boston’s manager for a few games earlier this season when Cora was sidelined with COVID-19.)  Barring any other experienced skippers surfacing in the search, it would appear as though new Kansas City general manager J.J. Picollo is favoring a first-time manager as the replacement for Mike Matheny.

Red Sox Not Planning To Extend A Qualifying Offer To J.D. Martinez

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The Red Sox are not planning to extend a qualifying offer to veteran slugger J.D. Martinez, reports Jon Heyman of the New York Post. Heyman’s report comes at what may be the beginning of an offseason of transition in Boston. With Xander Bogaerts’ opt-out clause looming and extension talks with Rafael Devers having yet to yield any results, Martinez could be one of multiple all-stars whose time in Boston may soon come to an end.

Martinez, age 35, is coming off of his fifth season with Boston, during which he played 139 games and slashed .274/.341/.448. Though Martinez rated as a well above average offensive player by wRC+ (119), his 16 2022 home runs are his fewest in a season since 2013. 2022 was also the first season in Martinez’s career that the five-time all-star did not log a single inning at a defensive position, as Alex Cora used him exclusively as a designated hitter. Martinez ought to have no problem finding employment next season, however. He has been one of the most consistent and productive hitters over the last decade, averaging 26 home runs and a .293 average since 2013.

MLBTR ranks Martinez as the best full-time DH available this offseason. He will headline a DH-class that includes other options such as Matt Carpenter and Nelson Cruz. Full-time DH’s have reduced earning power compared to other free agents due to their limited defense. The market for this player prototype has the potential to appeal any club looking for a discounted injection of offense without shuffling their defensive alignment. Assured production is paramount when a team decides to commit substantial resources to an offense-only player. Out of the three, Martinez is by far the surest bet. The contrast of Carpenter’s herculean summer with the Yankees and his paltry 2019-2021 leaves uncertainty about in his ability to produce going forward. Carpenter does have the ability to play some defense, however, having lined up at all four corner positions in 2022. Cruz looked ageless until last season, when he experienced substantial drops in hard-contact rate and exit velocity in the midst of his worst offensive season ever as a big league regular.

As the market’s best full-time DH, there ought to be plenty of teams looking to add some thump to their lineup that will consider signing Martinez. Logical suitors may theoretically include the Diamondbacks, who are looking for a right-handed bat, per Heyman, and the Marlins, who plan to address their weak offense this offseason. That being said, any team that may be inclined to add a full-time DH figures to have interest in Martinez on a one or two-year deal with an AAV below the qualifying offer worth $19.65 MM.

It is also possible that Martinez winds up back with Boston, despite the fact that the Red Sox are not planning to extend him a qualifying offer. Chaim Bloom’s decision to not tie draft pick compensation to Martinez’s free agency is likely to be rooted in the Sox’ evaluation of what Martinez could be worth in 2023, as opposed to whether or not they he would like to keep him on Boston’s roster. Martinez has been well worth the 5-year, $110MM deal he signed with the Red Sox in the 2017-2018 offseason and has given every indication that he can still be a productive DH. If Martinez does not receive a qualifying offer, it would indicate Bloom’s unwillingness to pay a full-time DH, albeit a productive one, a salary of $19.65 MM. It could also signify Bloom’s desire to provide consistent opportunity for some of Boston’s core of young first baseman/DH types, like Bobby Dalbec and Triston Casas. They also have Eric Hosmer on the roster, though it’s unclear how committed they are to him. With the Padres paying down the majority of his contract, Boston is only on the hook for the league minimum salary and could cut ties if they found options they liked better.

In a postgame interview with NESN’s Jahmai Webster on October 6, Martinez expressed gratitude to his teammates and to Boston fans for their support, adding that he’ll “see what happens” in free agency (via Twitter). If he does wind up back with the Red Sox, it will be interesting to see how close Martinez’s new salary will come to the $19.65 MM figure that the Boston appears unlikely to offer him.

Large Gap Remains Between Red Sox, Rafael Devers In Extension Talks

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The contract statuses of Xander Bogaerts and Rafael Devers have been front of mind for Red Sox’s fans dating back to at least this past Spring Training. The club made unsuccessful runs at extending both players in March. Those efforts were put on hold during the season, but with the offseason approaching, they’re certain to rekindle discussions.

Chief baseball officer Chaim Bloom already called working on a new deal with Bogaerts before he opts out (which he can formally do after the World Series) a “top priority” this month. There’s less immediate urgency with Devers, who’s still one year from the open market, but there’s no question Boston’s front office will be in touch with the third baseman’s camp at Rep 1 Baseball throughout the winter.

Earlier this week, reporter Yancen Pujols tweeted the team was making a renewed effort at an extension. Subsequent reports out of Boston characterized a visit from assistant general manager Eddie Romero to Devers in his native Dominican Republic as more of a typical offseason check-in (links via Alex Speier of the Boston Globe and Chris Cotillo of MassLive). There was no question the Sox would make a run at extending Devers at some point this winter, but it’s not clear how much to make of Romero’s check-in.

Regardless of the specific nature of the meeting between Romero and Devers, Jon Heyman of the New York Post writes tonight the sides have indeed reopened talks recently. Heyman reports that Boston has put forth an offer at or above $200MM but suggests there’s still a notable gap between the sides. According to Heyman, Devers’ camp is seeking a deal of ten-plus years worth at least $300MM.

During Spring Training, the Sox reportedly used the eight-year, $168MM extension signed by Braves first baseman Matt Olson as a viable comparison in talks. The sides were well apart at that time, although Devers’ specific asking price was unclear. Boston has raised its offer on the heels of another very strong season from Devers, but the two-time All-Star has increased leverage after an excellent year that moved him closer to free agency.

In his age-25 campaign, Devers appeared in 141 games and tallied 614 plate appearances. He connected on 27 home runs and put together a .295/.358/.521 line. Those slash stats are in line with his numbers from recent seasons, but Devers’ production was arguably a career best in the context of a leaguewide offensive downturn. By measure of wRC+ (which adjusts annually for the league environment and ballpark), he was 41 percentage points better than an average batter. That’s the best mark of his career, and it ranked among the top 20 hitters in the game (minimum 500 plate appearances).

With another great season under his belt, Devers can feel even more comfortable setting a lofty ask in extension talks. He banked $11.2MM this year and is projected by MLBTR contributor Matt Swartz for a salary in the $16.9MM range next season if he goes through his final year of arbitration. He’s presently slated to be one of the top talents in the 2023-24 free agent class, arguably second behind Shohei Ohtani.

12 months from the open market, Devers’ camp can look to the biggest free agent deals in MLB history to set their asking price. A $16.9MM projected arb salary is obviously below his free agent market value, but he’ll lock in one more strong payday before getting to the open market. The Red Sox can perhaps hope to price in a marginal discount to guard against the possibility of Devers having a disappointing or injury-plagued platform year, but the star third baseman has a significant amount of leverage in talks.

This summer, the Braves signed their All-Star third baseman, Austin Riley, to a 10-year, $212MM extension. Riley owned a .301/.360/.604 line at the time of that deal but serves as a generally similar comparison as a bat-first third baseman. However, Riley’s deal was signed midway through his third full MLB season and bought out his final three years of arbitration eligibility. With only one arbitration season remaining, Devers has far more leverage in extension talks. It’s little surprise his reps are aiming much higher than the Riley range.

At the same time, it’s easy to understand why the Red Sox may not be anxious to dole out a deal topping $300MM. That’s a threshold reached only nine times in MLB history. Mookie Betts, Mike Trout, Francisco Lindor, Fernando Tatis Jr. and Giancarlo Stanton got there on extensions, while Bryce Harper, Corey Seager, Gerrit Cole and Manny Machado reached or topped the marker on free agent deals.

Devers turned 26 earlier in the week and is on track to reach free agency going into his age-27 season. That’s a year older than Machado and Harper were over the 2018-19 offseason but a year younger than Seager was last winter. Broadly speaking, that youth serves Devers well in his effort to land a decade-long commitment. It’s rare to see teams commit to players deep into their 30’s, but a lengthy pact is more palatable for players who hit the market in their mid-20’s.

At the same time, one could argue all three players were safer long-term bets than Devers. Harper had a more robust offensive track record that included a monster 2015 showing to win an MVP. Machado had hit .297/.367/.538 during his platform year and was a Gold Glove-caliber third baseman who could play shortstop if needed. Seager is a full-time shortstop who had a .306/.394/.521 mark during his final year in Los Angeles. All three players also had the benefit of an open market bidding war.

That wasn’t the case for Betts and Lindor, each of whom signed extensions above $300MM with between five and six years of service time. Both players, however, had far more defensive value than Devers. Betts is one of the sport’s top outfielders, and Lindor is arguably the game’s best shortstop.

Devers, by contrast, comes with his share of defensive question marks. He’s played almost exclusively third base in the majors but has always been regarded as a bat-first player. There’s been some trepidation dating back to his time as a prospect about how long he could stick at the hot corner, and that’s largely been borne out in his defensive metrics as a big leaguer. He’s rated as a below-average defender by measure of Defensive Runs Saved in every season of his career. Statcast gave him an outlier excellent defensive grade in 2019 but has otherwise panned his work as well. This past season, he rated as six runs below average by measure of DRS and two runs below par according to Statcast.

While there’s no indication the Sox would want to move Devers off the hot corner immediately, it’s fair to wonder how deep into a long-term deal he can stick there. He certainly has the offensive aptitude to continue playing every day as a first baseman or designated hitter, but a move further down the defensive spectrum would reduce the team’s roster flexibility around him somewhat.

That’s not to say Devers isn’t an excellent player, but $300MM+ investments have generally been reserved for players with more defensive value or an established MVP-caliber offensive season. Stanton’s 13-year, $325MM extension over the 2014-15 offseason may be the best example for Devers’ camp, but Stanton landed that deal after a .288/.395/.555 showing in one of the game’s most pitcher-friendly home environments.

Given the recent comparable players, it’s little surprise Devers and his group would want to handily top $200MM while the Red Sox would balk at an ask north of $300MM. There’s obviously a fair bit of ground in between those extremes. Whether the sides can find a mutually agreeable price at some point over the next six months will be one of the key storylines of the Boston offseason.

Brock Holt Announces Retirement

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Utility-man Brock Holt has announced his retirement from the game after ten years in the major leagues in a post on Instagram. Holt spent seven seasons with the Red Sox, but also had stints with the Pirates, Brewers, Nationals and Rangers during his career. He retires with a career .262/.332/.362 slash line and 25 home runs across 751 games.

“Today I hang them up knowing I did the best I could for me, my family, and my teammates. I’m proud of every single second of it.” Holt wrote.

Drafted in the ninth-round of the 2009 draft by the Pirates, Holt made his MLB debut in Pittsburgh in 2012. He appeared in a handful of games that year before the Pirates shipped him and closer Joel Hanrahan to the Red Sox in the Mark Melancon deal. In 2014 he established his value in Boston, appearing in 106 games and hitting .281/.331/.381 while logging time at every position bar pitcher and catcher. Having not accrued enough plate appearances during the previous two seasons, Holt was eligible for rookie of the year honors that year, and finished eighth in AL voting.

Holt continued to provide value to the Red Sox, earning an All-Star game selection in 2015 and appearing in eight games during Boston’s World Series-winning postseason in 2018. In the final two years before free agency, Holt hit .286/.366/.407 in 662 plate appearances and set himself up to do nicely on the open market.

That wasn’t to be though, and Holt signed with the Brewers late in the winter prior to the 2020 campaign. After the pandemic-induced delay to that season, Holt hit just .100/.222/.100 in 36 plate appearances and was designated for assignment. He bounced around the majors a bit after that, spending time with the Nationals in late-2020, before playing for the Rangers during the 2021 campaign. Holt inked a minor league deal with the Braves prior to the 2022 season, but was released after failing to make the opening day roster.

We at MLB Trade Rumors congratulate Holt on his career in the majors, and wish him all the best in his future endeavors.

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