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Yankees Showing Interest In Andrew Chafin

By Anthony Franco | December 26, 2024 at 7:22pm CDT

The Yankees have interest in Andrew Chafin, reports Jon Heyman of the New York Post. New York is looking for a left-handed bullpen arm. Heyman reported earlier this week that a reunion with Tim Hill was also a possibility.

Both players are natural targets for a team that doesn’t have a single left-hander in its projected bullpen. The Yankees only have two left-handed pitchers on their 40-man roster: Max Fried and Carlos Rodón. New York has yet to add an experienced southpaw on a minor league contract either, so they’ll probably look for multiple lefties over the coming weeks.

Chafin, 34, has been a durable and generally reliable middle innings arm for a decade. He’s coming off another decent season, turning in a 3.51 earned run average across 56 1/3 innings between the Tigers and Rangers. Most of the positives came during his first few months in Detroit, however. Chafin carried a 3.16 ERA with a near-31% strikeout rate into late July. Things went downhill after a deadline deal sending him to Texas. He allowed a 4.19 ERA with the Rangers. His strikeout rate fell to 24% while his walk percentage nearly doubled to an untenable 17.9% clip.

While it wasn’t a great finish, Chafin has an extended track record. Despite middling velocity, he has fanned around 28% of batters faced in three straight years. He missed bats on a huge 15.4% of his pitches this year — the second-highest rate of his career. Chafin has walked more than 12% of opponents in consecutive seasons, reflecting command that comes and goes. He can handle hitters of either handedness, though, so he shouldn’t have an issue finding another big league contract. Chafin has been a bullpen workhorse, topping 50 innings in seven of the last eight full seasons. (He threw 49 1/3 frames in 2018.) His only injured list stint in the last four years was a two-week stay in April ’22 for a groin strain.

Chafin has signed one-year contracts — respectively valued at $6.25MM and $4.75MM — in the last two winters. Texas declined a $6.5MM club option at the beginning of the offseason. Chafin will be limited to one year and could land a base salary in the $3-5MM range.

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Phillies, Payton Henry Agree To Minor League Deal

By Anthony Franco | December 26, 2024 at 6:41pm CDT

The Phillies and catcher Payton Henry agreed to a minor league contract earlier this month, according to the MLB.com transaction log. Henry confirmed the deal on social media.

Henry, 27, appeared in the majors with the Marlins between 2021-22. He suited up in 20 games, hitting .186 with one extra-base hit (a double) through 51 trips to the plate. The former sixth-round draftee has spent the past two seasons in Triple-A. He played 2023 in the Milwaukee system and spent this year with the Toronto organization.

The righty-hitting Henry was limited to 27 games with Triple-A Buffalo this past season. He was injured in a frightening play on May 31. Henry was catching when an opposing hitter accidentally struck him on the head with a backswing. Henry was removed on a cart and transported to a Syracuse, New York, hospital. The game was cancelled at that point. Fortunately, Henry was released the following day.

After a three-month stay on the injured list, he returned to action with the Bisons in the middle of September. He played in three games to finish the season. While he didn’t have time to put himself in position for an MLB call, getting back on the field checks a significant box going into Spring Training.

Henry is likely to open next season in Triple-A, where he’s now a career .266/.332/.414 hitter. Garrett Stubbs and Rafael Marchán are each on the 40-man roster and potential backups behind J.T. Realmuto. They’ll remain ahead of Henry and Paul McIntosh, whom the Phils acquired over the weekend in the Jesús Luzardo trade, on the depth chart.

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NPB’s Nippon-Ham Fighters Re-Sign Drew VerHagen

By Anthony Franco | December 26, 2024 at 4:39pm CDT

The Hokkaido Nippon-Ham Fighters in Japan announced yesterday that they’re bringing back righty Drew VerHagen on a one-year deal. The Vayner Sports client first joined the Fighters on a one-year contract with a 2025 player option last winter. While it seems he explored free agent possibilities in lieu of the player option, he elected to return to Hokkaido all the same.

VerHagen divided the ’24 season between the Fighters and their minor league affiliate. He posted similarly solid numbers at both stops. The 34-year-old tossed 49 innings of 3.12 ERA ball at Japan’s top level and managed a 3.06 mark across 47 minor league frames. He fanned a slightly above-average 20.6% of NPB opponents against a 5% walk rate.

That was VerHagen’s third season with the Fighters overall. He pitched for the team between 2020-21 and now carries a 3.44 earned run average in 256 2/3 NPB innings. Around the separate stints in Japan, he has appeared in parts of eight MLB campaigns. VerHagen worked as long reliever for the Tigers between 2014-19. He returned to the majors in 2022 for a two-season run with the Cardinals. After posting a 6.65 ERA during his first year in St. Louis, he rebounded with a 3.98 mark across a career-high 61 innings in 2023.

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A’s Sign Gio Urshela

By Anthony Franco | December 22, 2024 at 11:02am CDT

The Athletics announced a one-year contract with infielder Gio Urshela. The Rep 1 Baseball client is reportedly guaranteed $2.15MM and can earn another $450K in incentives. He’d unlock $100K apiece at 300, 350, 400 and 450 plate appearances and receive another $50K for his 500th trip to the plate.

Urshela could get first crack at the third base job. A’s general manager David Forst has said on a few occasions that the front office was looking for answers at the hot corner. They explored at least one trade possibility, touching base with the Phillies regarding Alec Bohm, but balked at Philadelphia’s reported ask for star closer Mason Miller.

The free agent options at the position were limited. Alex Bregman is the only clear regular. He’d almost certainly be outside the club’s price range even if he were willing to play in Sacramento for the next three seasons. It’s not clear if Gleyber Torres is willing to sign as a third baseman. Yoán Moncada, Josh Rojas, Jorge Polanco and Urshela were among the rebound candidates who could be had for an affordable one-year deal.

Urshela, 33, is coming off a second consecutive middling season. He split the year between the Tigers and Braves. He combined for 461 plate appearances and hit .250/.286/.361 with nine home runs. Urshela’s plus contact skills remain intact, but his power has dropped off sharply in recent years. His slugging percentage has trended down in two straight seasons. The veteran has never taken many walks, so the dip in power leaves him with something of an empty batting average. Since the start of 2023, the righty-hitting infielder carries a .266/.300/.365 line with 11 longballs in nearly 700 trips to the plate.

While the bat has tailed off, Urshela remains a capable defender. Defensive Runs Saved gave him exactly league average marks in a little over 900 innings this past season. Statcast credited him with two runs above average. Although DRS has historically taken a more favorable view of Urshela’s glove than Statcast has, both metrics feel he’s been a little bit above par over the past two seasons.

Assuming Urshela cracks the big league roster, the A’s could deploy him at either corner infield position. Third base remains his primary spot, but he has topped 100 innings at first base in each of the last two years. Tyler Soderstrom should get the majority of the playing time there. Urshela could move across the diamond against left-handed pitching if the A’s want to shield Soderstrom from unfavorable platoon matchups. That could draw righty Darell Hernaiz into the lineup at third.

Ken Rosenthal of the Athletic first reported the A’s and Urshela had a deal. Martín Gallegos of MLB.com reported the one-year term. The New York Post’s Jon Heyman had the $2.15MM base salary, while The Associated Press reported the incentive specifics.

Image courtesy of Imagn.

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Cardinals Reportedly Declined Offer Of Marcus Stroman For Nolan Arenado

By Anthony Franco | December 20, 2024 at 11:52pm CDT

Earlier this offseason, the Cardinals declined an offer from the Yankees that could’ve sent Marcus Stroman to St. Louis for Nolan Arenado, according to a report from Mark Feinsand, John Denton and Bryan Hoch of MLB.com. It’s unknown whether Arenado would have approved that trade. MLB.com reports that the Cardinals never brought it to the star third baseman because they were uninterested in acquiring Stroman.

That’s not to say that talks between the clubs on Arenado are finished. The Yankees still have needs at both corner infield positions. Feinsand, Denton and Hoch report that they’re showing increased interest in Paul Goldschmidt at first base. They write that signing Goldschmidt might make Arenado more likely to waive his no-trade clause to join his former teammate as a corner infield tandem in the Bronx.

Various reports have tied the Yankees to Goldschmidt throughout this week. It seems they’ll turn to one of the short-term free agent options to upgrade first base. Ken Rosenthal of the Athletic reported on Thursday that the Yankees were increasingly likely to pursue a more affordable first baseman than to spend at the top of the market for Pete Alonso or Christian Walker. Walker, whom the Yankees had reportedly preferred to Alonso, has subsequently come off the board on a $60MM deal to Houston.

Interestingly, Goldschmidt’s asking price could itself prove a sticking point. Most predictions, MLBTR’s included, assumed he’d sign a one-year deal as he enters his age-37 season. Feinsand, Denton and Hoch report that Goldschmidt is seeking multiple years. That doesn’t guarantee he’ll find a two-year deal, of course, which would be a lofty ask coming off a middling season.

Goldschmidt hit .245/.302/.414 with 22 homers during his final year in St. Louis. He posted career-worst strikeout and walk rates with overall offense that measured exactly league average. Goldschmidt had a better second half after a dismal start to the season, but the overall numbers are worrisome given his age. MLBTR felt he’d secure $15MM on a one-year deal.

Money is also a complicating factor on Arenado. Even if the Yankees signed Goldschmidt and Arenado were willing to play there, they’d still need to find an agreeable return with St. Louis. The Cardinals owe the eight-time All-Star $64MM over the next three seasons, while the Rockies are on the hook for another $10MM between 2025-26. (Colorado’s obligations would carry over in the event of a trade.) $12MM of the Cardinals’ $64MM is deferred. MLB.com writes that the net present value of what St. Louis owes is around $60MM.

The Cardinals are trying to shed at least the vast majority of that deal. Katie Woo and Chandler Rome of The Athletic reported that the Astros would’ve absorbed around $45MM had Arenado not vetoed the proposed trade to Houston earlier this week. ESPN’s Jeff Passan reported differently, writing that Houston would have taken $59MM. In either case, the Cardinals would have shed most of the money.

Derrick Goold of the St. Louis Post-Dispatch wrote this afternoon that the extent of the Yankees’ interest in Arenado depends on how much of the deal the Cardinals would cover. While it’s not known how much the Yankees want St. Louis to eat, their proposal of Stroman would’ve been a financial counterbalance. The righty will make $18MM next season and would trigger a matching player option for 2026 if he throws 140 innings. An Arenado/Stroman swap would’ve gotten the Cardinals off the hook for the former’s salaries in 2026-27, but it would not have represented a significant cut next season.

Arenado has a $32MM salary next year, $5MM of which is Colorado’s responsibility. Another $6MM is deferred, so the immediate savings for St. Louis would only have been $3MM. The Cardinals could have tried to flip Stroman themselves. The righty is coming off a 4.31 ERA over 154 2/3 innings. His salary is above market but not egregiously so, but it doesn’t seem the Cardinals had any interest in that sequence of moves.

A player’s competitive balance tax number resets if they’re traded. Assuming the NPV on Arenado’s contract is around three years and $60MM, he’d carry an approximate $20MM luxury tax hit for an acquiring team if the Cardinals did not eat any money. RosterResource calculates New York’s luxury tax number around $287MM. Signing Goldschmidt or taking most of Arenado’s contract would push them beyond the $301MM final tax tier. Doing both would vault them well beyond $301MM, which comes with a 110% tax on every dollar spent from that point.

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Yankees, Reds Swap Jose Trevino For Fernando Cruz

By Anthony Franco | December 20, 2024 at 9:34pm CDT

The Yankees and Reds finalized a trade on Friday night that sends catcher Jose Trevino to Cincinnati for reliever Fernando Cruz and non-roster catcher Alex Jackson.

Trevino is on the move for the second time in his career. The Yankees landed him from the Rangers shortly after Opening Day 2022 in a deal that sent reliever Albert Abreu to Arlington. That was a win for the New York front office, as Trevino developed into a quality defensive catcher in the Bronx. Abreu, on the other hand, pitched seven times with the Rangers before they lost him on waivers.

The 2022 season has been Trevino’s best. He appeared in a career-high 115 games, hitting .248/.283/.388 through 353 plate appearances. Trevino led all catchers with 21 Defensive Runs Saved that season, earning an All-Star selection and a Gold Glove.

Trevino has opened each of the past two years as New York’s primary catcher. His playing time and offensive production have dropped, though he continues to grade very highly for his receiving skills. Trevino has only appeared in 129 games over the past two years. In 2023, that was largely the result of a ligament tear in his right wrist that necessitated season-ending surgery in July.

The 32-year-old stayed mostly heathy this past season. He missed a month between the All-Star Break and the middle of August because of a quad strain. Trevino was otherwise on the active roster but fell into a depth role. Rookie of the Year finalist Austin Wells is a superior offensive player who grades as an elite receiving catcher in his own right.

Trevino was limited to 62 starts behind the plate overall. He’d basically become a non-factor by the end of the year, as he appeared in just 14 games between his return from the injured list on August 15 and the end of the regular season. He only got two starts during the Yankees’ run to the World Series. He took 234 trips to the plate and hit .215/.288/.354 with eight home runs.

Part of the dip in playing time has been attributable to Trevino’s difficulty controlling the running game. According to Statcast, only Yasmani Grandal had a higher average pop time (throw time to second base on stolen base attempts) than Trevino’s 2.07 second mark. Opponents swiped 57 bases out of 70 attempts in his 544 1/3 innings. Trevino continues to grade exceptionally highly for his framing skills and blocking ability, so he remains a valuable defender, but the subpar arm strength has become an issue.

The Reds evidently placed a lot of value on those receiving skills. Trevino should back up Tyler Stephenson, who hit .258/.338/.444 with a career-high 19 homers this past season. Stephenson started 112 games and tallied a little more than 1000 innings. He didn’t play any first base in ’24 but has played there sporadically in prior seasons. Cincinnati could give Stephenson a few more modified rest days at first base or designated hitter if they’re comfortable with Trevino logging 70+ starts behind the dish.

Trevino has over five years of service time. MLTBR contributor Matt Swartz projects him for a $3.4MM salary during his last trip through the arbitration process. Taking that on pushes the team’s projected payroll to $104MM (courtesy of RosterResource). The Reds ended the ’23 campaign with a payroll around $100MM and have indicated they’re comfortable matching or exceeding that number.

Stephenson had been the only catcher on Cincinnati’s 40-man roster. They obviously needed to acquire a veteran backup, but it’s still surprising to see the Reds relinquish Cruz for one year of Trevino’s services. Cruz has been a fixture in Cincinnati’s bullpen for the last two years. He has scattershot command but elite bat-missing ability.

Cruz, a native of Puerto Rico, was drafted as an infielder back in 2007. He flamed out as a hitter and was out of affiliated ball entirely between 2016-21. Cruz converted to pitching in 2012 and continued to plug away, however, eventually catching the attention of Reds’ scouts in the independent ranks. He dominated Triple-A opponents in 2022 and earned his first major league call as a 32-year-old that September.

Typically, players who don’t reach the majors until they’re in their 30s are quickly dropped from the roster. Cruz pitched well in his late-season cameo, however, and the Reds kept him on their 40-man. He has topped 65 innings in each of the past two seasons, building from middle relief in 2023 to become one of David Bell’s more frequent leverage options in front of closer Alexis Díaz.

The bottom line results have not been great. Cruz has allowed nearly five earned runs per nine in both seasons. He owns a 4.52 ERA across 147 1/3 career innings. ERA estimators like FIP and SIERA find him significantly more interesting than the actual run prevention would suggest — a testament to his gaudy swing-and-miss numbers.

Cruz has fanned over 35% of opponents in each of the last two seasons. He carries a cumulative 36.5% strikeout rate over that stretch. Among pitchers with 100+ innings, only Josh Hader and Aroldis Chapman have posted a better mark. Spencer Strider, Kirby Yates, Garrett Crochet, Jeff Hoffman, Bryan Abreu, Paul Skenes and Tyler Glasnow round out the top 10. Cruz is similarly dominant on a per-pitch basis. His 16.7% swinging strike rate ranks fifth among that group — trailing Strider, Hader, Andrés Muñoz and Ryan Helsley.

Pitching isn’t solely about strikeouts, of course, but most pitchers who miss bats at those rates are impact arms. Cruz holds himself back to some extent by issuing too many free passes. He walked 12.2% of batters faced this year and has given out free passes to 11.4% of opponents in his career. That’s a concern, but it’s easy to see why the Yankees identified him as an upside play.

Cruz’s calling card is a low-80s splitter, which is one of the most effective pitches in the sport. Cruz used the offering a little more than 40% of the time this year. Opponents only made contact around 40% of the time they swung at it. Batters hit .116 against it. Cruz used it as the finishing pitch for 88 of his 109 strikeouts.

Exceptional as the splitter was, opponents teed off on his other two offerings — a 94 MPH four-seam fastball and a cutter that sits in the high 80s. Cruz has preferred to mix all three pitches rather than fully unleashing the splitter. Whether that’s because of his own comfort or the preference of Cincinnati’s coaching staff isn’t clear, though it wouldn’t be a surprise if the Yankees pushed him to lean more frequently on that pitch. New York allowed Tommy Kahnle to abandon his fastball and throw essentially all changeups for his entire playoff run, for instance.

Cruz has just over two years of big league service. He’s under club control for four seasons. The extended control window isn’t a huge factor for a pitcher who’ll turn 35 in March. It’s a boost in the short term, though, as the Yankees can plug him into the bullpen for around the league minimum salary in 2025.

Jackson, who turns 29 on Christmas, rounds out the return to backfill the catching depth. He signed a minor league contract with Cincinnati last month and will not occupy a 40-man roster spot. Jackson appeared in a career-high 58 games for the Rays last season, hitting .122 over 159 plate appearances. He’s a career .132/.224/.232 hitter over parts of five campaigns. Jackson should get a Spring Training invite, where he can compete with 29-year-old J.C. Escarra — who is on the 40-man roster but hasn’t appeared in the majors — for the backup job behind Wells.

Jon Heyman of the New York Post first reported that Trevino was being traded to Cincinnati. The Post’s Joel Sherman was first with the entire trade. Images courtesy of Imagn.

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Cincinnati Reds New York Yankees Newsstand Transactions Alex Jackson Fernando Cruz Jose Trevino

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Nine Teams Exceeded Luxury Tax Threshold In 2024

By Anthony Franco | December 20, 2024 at 8:24pm CDT

Major League Baseball finalized its luxury tax calculations for 2024. ESPN’s Jesse Rogers was first to report the list of payors, while Ronald Blum of the Associated Press reports the details. A record nine teams surpassed the $237MM competitive balance tax threshold. In a separate post, The Associated Press lists the finalized CBT numbers for all 30 teams.

The payments are as follows:

  • Dodgers: $103MM
  • Mets: $97.1MM
  • Yankees: $62.5MM
  • Phillies: $14.4MM
  • Braves: $14MM
  • Rangers: $10.8MM
  • Astros: $6.5MM
  • Giants: $2.4MM
  • Cubs: $570K

Teams pay escalating penalties for exceeding the threshold in consecutive seasons. The Dodgers, Mets, Yankees, and Phillies have all paid the tax in at least three straight years — subjecting them to the highest escalator fees. Texas and Atlanta are second-time payors. Houston, San Francisco, and the Cubs did not exceed the threshold in 2023 and are marked as first-time payors.

The Dodgers ($353MM), Mets ($348MM), and Yankees ($316MM) all had CBT numbers above $277MM, which marked the third tax bracket. All three teams will see their first-round pick in the 2025 draft dropped by 10 spots. Considering they each advanced at least as far as the LCS and the Dodgers won the World Series, those clubs won’t have any regrets about that penalty. Atlanta narrowly stayed below the $277MM threshold to avoid any impact on their draft.

Teams that paid the CBT are entitled to the lowest level of compensation for losing free agents who declined a qualifying offer. They receive a draft choice after the fourth round for each qualified free agent who walks. They’re charged the heaviest penalty — their second- and fifth-highest picks in 2025 and $1MM from their ’26 international bonus pool — for signing a qualified free agent from another team.

The Mets (Juan Soto), Yankees (Max Fried), Giants (Willy Adames), and Astros (Christian Walker) have already signed or agreed to terms with qualified free agents. The Mets (Luis Severino), Yankees (Soto), and Braves (Fried) have lost qualified free agents. Houston is likely to see Alex Bregman walk. The Mets (Pete Alonso, Sean Manaea) and Dodgers (Teoscar Hernández) still have unsigned qualified free agents of their own.

The top eight luxury payors were all clearly above the base threshold, while the three biggest spenders blew beyond every surcharge marker. The only source of CBT intrigue late in the season concerned the Cubs and Blue Jays, both of whom were hovering right around the tax line.

When it became clear that neither team would make the playoffs, they each attempted to dip below $237MM by shedding money via waivers. The Cubs were unsuccessful and landed around $239.9MM; Toronto dropped just below $234MM. The tax impact for the Cubs is negligible — a $570K bill is less than the cost of one player on a league minimum salary — but it places a higher penalty for signing qualified free agents and could incentivize them to stay under the threshold in 2025 to reset their status. Six of the nine payors made the postseason. Texas, San Francisco, and Chicago were the exceptions.

Last year, a then-record eight teams surpassed the CBT threshold. The Padres are the only team that was above the line in 2023 and got below it this year. San Diego finished with an approximate $228MM mark that ranked 11th in the majors — behind the nine payors and the Blue Jays. The Red Sox, Diamondbacks, Cardinals, and Angels were the other teams above the median in payroll. On the other side of the equation, the five bottom spenders were as follows: Athletics ($84MM), Rays ($107MM), Tigers ($110MM), Marlins ($122MM), and Pirates ($123MM).

The teams that exceeded the threshold have until January 21 to pay MLB. The first $3.5MM will be used to fund player benefits. Half the remaining money goes to players’ retirement accounts, while the other half is used for revenue sharing distribution from MLB to teams. Next year’s base threshold climbs to $241MM.

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Dodgers, Julian Fernandez Agree To Minor League Deal

By Anthony Franco | December 20, 2024 at 6:52pm CDT

The Dodgers are in agreement with righty reliever Julian Fernández on a minor league contract, reports Fabian Ardaya of the Athletic. The 29-year-old receives an invitation to MLB Spring Training.

Fernández is working to return to the majors for the first time since 2021. He made six appearances for the Rockies that year, allowing eight runs across 6 2/3 innings. That remains his only big league experience. Colorado outrighted him off the 40-man roster in June 2022. Fernéandez spent time in Triple-A with the Blue Jays the following year.

The Dominican Republic native was out of affiliated ball in 2024. Fernández spent the year in Mexico. He had an excellent season with Veracruz, turning in a 1.82 earned run average through 34 2/3 frames. He struck out 32.1% of opposing hitters. Fernández has given up eight runs across 11 2/3 innings in the Dominican Winter League, but Dodger evaluators evidently remain intrigued by his stuff.

During his brief big league stint, Fernández flashed huge velocity. He averaged 99 MPH with his four-seam fastball. That hasn’t actually translated to many whiffs in the affiliated ranks. He has an average 24% strikeout rate and has walked nearly 11% of batters faced over parts of four Triple-A campaigns. Fernández has a 6.05 ERA in 80 1/3 innings at that level.

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Rangers Sign Hoby Milner

By Anthony Franco | December 20, 2024 at 4:05pm CDT

The Rangers announced the signing of lefty reliever Hoby Milner to a one-year contract. Texas designated former top prospect Owen White for assignment to open a spot on the 40-man roster. Milner, a client of MVP Sports Group, is reportedly guaranteed $2.5MM. He can earn another $500K in incentives — $100K each for reaching 35 and 45 appearances, followed by $150K bonuses at 55 and 65 games.

Milner is a Dallas native who attended the University of Texas. The former Longhorn began his career with the Phillies, who selected him in the seventh round of the 2012 draft. Milner had brief MLB stints with the Phillies, Rays and Angels before finding his way to Milwaukee on a minor league contract after the 2020 season.

The low-slot southpaw had a solid four years with the Brew Crew. He posted interesting strikeout and walk numbers in 2021, so the Brewers retained him despite a 5.40 earned run average. That was a wise call, as Milner was a key piece of Craig Counsell’s bullpen between 2022-23. He combined for a 2.79 ERA across 129 innings over that stretch. Only 30 relievers around the league logged a heavier workload. Milner fanned a solid 23.5% of opponents while limiting his walks to a 5.3% rate. His arm angle flummoxed left-handed hitters, who managed a .199/.259/.284 line across 223 plate appearances.

Milner’s results regressed in 2024. He was tagged for a 4.73 ERA while lefties had a markedly improved .286/.290/.467 slash over 109 trips to the plate. Yet Milner ran an impressive 27:1 strikeout-to-walk ratio while he held the platoon advantage.

His peripherals more broadly remained strong. He punched out nearly 24% of batters faced and kept the ball on the ground more than half the time that opponents made contact. He tied his career high with 64 2/3 innings. The ERA jump was a result of a huge spike in opposing hitters’ average on balls in play, as well as a significant drop in the number of runners Milner left on base.

The Brewers nevertheless decided to move on instead of tendering him an arbitration contract at a projected $2.7MM salary. That worked out reasonably well for Milner, who finds a guaranteed contract at nearly the same rate with his hometown team for his age-34 season. It’s the second bullpen pickup for the Rangers in as many weeks. They added Jacob Webb, who had somewhat surprisingly been non-tendered by the Orioles, on a $1.25MM pact. GM Chris Young and his staff need to add multiple arms to a ’pen that could lose each of Kirby Yates, David Robertson, José Leclerc and José Ureña to free agency. They’ll start with a pair of affordable veterans who can work in the middle innings.

Mark Feinsand of MLB.com was first to report Milner was signing with Texas on a one-year deal. Evan Grant of the Dallas Morning News reported the $2.5MM guarantee. The Associated Press reported the incentive structure.

Image courtesy of Imagn.

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Phillies Sign Max Kepler

By Anthony Franco | December 20, 2024 at 3:26pm CDT

The Phillies announced Friday that they’ve signed outfielder Max Kepler to a one-year deal. It’s a reported $10MM deal for the VC Sports Group client. Philadelphia already had an opening on the 40-man roster.

Kepler changes uniforms for the first time in his career. The German-born outfielder had spent a decade and a half with the Minnesota organization. He signed with the Twins as a teenager and reached the big leagues late in the 2015 season. Kepler appeared in parts of 10 big league campaigns with Minnesota, stretching beyond the six-year control window after signing a $35MM extension in February 2019.

For most of that run, Kepler was an above-average right fielder. He looked as if he might on the cusp of stardom after a 36-homer showing in 2019, but that proved to be an outlier in a season that was played with the juiced ball. Outside of that year, Kepler has typically been a 15-20 homer threat with decent on-base skills.

Kepler, 32 in February, is coming off his least productive season. He battled injuries in both knees and only appeared in 105 games. Kepler was limited to a career-low eight home runs while posting a middling .253/.302/.380 line across 399 plate appearances. The free passes plummeted alongside the power. Kepler walked at a career-low 5.5% clip, posting his lowest on-base percentage in the process.

The Phillies are hoping that a healthy offseason could allow him to return to his prior form. Kepler had one of his best years as recently as 2023. He hit .260/.332/.484 with 24 longballs (the second most of his career) across 491 plate appearances that season. Kepler set personal highs in average exit velocity (91.9 MPH) and hard contact percentage (47.6%). His hard contact rate dropped by 11 points this year, suggesting that he was playing at less than full strength.

Much of Kepler’s diminished production came late in the season. He carried a league average .256/.309/.394 slash line into the All-Star Break. That dropped to .246/.287/.352 in the second half. The Twins resisted putting him on the IL for a while as they tried to hang onto a Wild Card berth, but his numbers tanked so far in August that he had to land on the shelf. Minnesota’s September collapse meant that he was unable to return for a possible postseason push.

While it ended on a down note, Kepler had a productive run in the Twin Cities. He appeared in more than 1000 games, hitting .237/.318/.429 with 161 homers and just over 500 runs batted in. There wasn’t much doubt that Minnesota would go in another direction this offseason, though. Ownership isn’t giving the front office much financial leeway, so an eight-figure contract to retain Kepler after an injury-plagued season was never in the cards.

At his peak, Kepler was one of the sport’s best defensive right fielders. If not for sharing the Target Field outfield with Byron Buxton, he probably would’ve gotten more consistent run in center field early in his career. Kepler’s defensive grades are still solid but not as strong as they’d been in his 20s. Defensive Runs Saved graded him as a league average right fielder in a little over 800 innings this past season. Statcast credited him with two runs above average.

Better health could help him rebound on defense as well. Kepler fell below league average in Statcast’s sprint speed measurement for the first time. That’s not a surprise considering he was playing through knee pain. On both sides of the ball, the Phillies are hoping that this year was a health-related blip rather than the sign of a sharp decline in his early 30s.

Kepler figures to play mostly left field at Citizens Bank Park. That’s a position he’s never played in the majors, though most right fielders can kick over to the opposite corner without much issue. Kepler hasn’t started a game in center field since 2021, so he’s probably no more than an emergency option there. Johan Rojas and Brandon Marsh are each likelier to handle center field work.

While there shouldn’t be much issue about the positional transition, Kepler’s handedness makes him something of an odd fit. The Phils had sought to find a rotational outfielder who could cut into the playing time for Rojas and/or Marsh. A right-handed hitter would have been the most straightforward solution, allowing the Phils to shield Marsh from lefty pitching. Philadelphia hoped Austin Hays would address that as a deadline pickup, but he spent most of his tenure on the injured list and was non-tendered last month.

Kepler doesn’t fit that need. Like most left-handed hitters, he’s much better against righties. Kepler has a career .243/.326/.452 line versus right-handers. He’s a .221/.292/.363 hitter in more than 1000 plate appearances against southpaws. If the Phils are going to platoon Marsh, he’d probably pair with the righty-hitting Rojas in center field. That’d put the onus on Kepler to stay healthy enough to play regularly in left field.

Marsh could always move back to left if Kepler lands on the IL, yet that’d leave the Phillies with the same middling outfield upon which they’re trying to upgrade. They’d certainly love to offload the remaining two years and $40MM on the Nick Castellanos deal, which would enable them to put Kepler in right field and add another outfield bat. Shedding a notable chunk of the Castellanos money is much easier said than done after he hit .254/.311/.431 this year.

It seems the Phils preferred the price point on Kepler over the asking price for the top righty-hitting outfielders available. Matt Gelb of the Athletic reports that Philadelphia had shown interest in Teoscar Hernández but apparently balked at the ask. MLB.com’s Mark Feinsand reported earlier this week that Hernández was looking for a three-year deal exceeding $60MM.

Signing Kepler pushes the Phils’ salary commitments to roughly $280MM, according to the RosterResource calculations. They’re up to $299MM in competitive balance tax obligations. The Phils went into the offseason with their CBT number already into the third tier of penalization. They’ve paid the tax in three consecutive seasons, so they’re subject to the highest set of escalator surcharges. Their spending between $281MM and $301MM is taxed at a 95% clip, meaning they’re on the hook for $9.5MM in taxes on Kepler. This represents a near-$20MM overall commitment on ownership’s part.

Once they go beyond the $301MM mark, they’ll be taxed at the maximum 110% rate on further spending. The Phillies were a virtual lock to exceed the third tier regardless of whether they signed Kepler. That’ll drop their top draft choice in 2026 by ten spots (unless they miss the playoffs and draw into the top six in the lottery). Signing Kepler and Jordan Romano to one-year deals addresses two of their biggest questions on relatively affordable terms.

Todd Zolecki and Mark Feinsand of MLB.com first reported Kepler and the Phillies were progressing on a one-year contract. ESPN’s Jeff Passan confirmed the agreement and reported the $10MM salary. Image courtesy of Imagn.

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