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Angels Sign Carlos Estevez

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The Angels have continued their early-offseason activity, announcing the signing of reliever Carlos Estévez to a two-year, $13.5MM deal. The former Rockie receives $6.75MM in each of the next two seasons, the team disclosed.

Ken Rosenthal of the Athletic suggested earlier this afternoon the Halos were hoping to add to their late-inning mix. Within a few hours, they’ve finalized an agreement to add a power arm to Phil Nevin’s bullpen. Estévez is among the hardest throwers in the sport, and he’s coming off the best season of what has been an up-and-down MLB career.

Estévez began with a pair of seasons with an ERA north of 5.00. He took a step forward in 2019, working to a 3.75 ERA across 72 frames while striking out an above-average 26.3% of opponents. The native of the Dominican Republic looked like a potential high-leverage arm for the Rockies, but he stumbled to a 7.50 ERA during the abbreviated 2020 campaign thanks to massive home run issues.

The right-hander has gotten the longball in check over the past two seasons and performed at a generally solid level for skipper Bud Black. He worked to a 4.38 mark across 61 2/3 innings in 2021, then posted a career-low 3.47 ERA this past season. He’s struck out opponents at a roughly average clip in both seasons, although his swing-and-miss rate took a step back this year. Estévez generated swinging strikes on only 9% of his offerings in 2022, down almost two percentage points from the year prior and well below his 13.9% personal high in 2019.

Despite the dip in swinging strikes, the Halos will roll the dice on his high-octane arsenal. He averaged a blistering 97.5 MPH on his four-seam fastball, pushing into triple digits on occasion. Estévez has sat in the 97-98 MPH range every year of his major league career, and he’s relied heavily on that heater. He turned to his fastball just over 70% of the time, mixing in a changeup against left-handers and a slider to same-handed opponents.

That slider had excellent results in 2022, helping Estévez stifle right-handed hitters more generally. He held righties to a .204/.292/.306 line through 113 plate appearances. Left-handers only managed a .216/.287/.432 slash themselves, although that success was more built off an unsustainable .222 batting average on balls in play. Estévez had a below-average 19.7% strikeout rate against southpaws, but he punched out an impressive 26.5% of righties.

With his success against right-handers, Estévez should at least profile as a hard-throwing matchup option in the middle innings for Nevin. He’ll join Ryan Tepera and Jimmy Herget as the club’s top right-handed options, while Aaron Loup profiles as their best matchup southpaw. Tepera and Herget have more pedestrian velocity, and Estévez could take over the uncertain ninth inning mix in Orange County. Estévez only has 25 career saves, including just two this past season, but reports this offseason have suggested teams viewed him as a potential closer outside of the league’s most hitter-friendly home ballpark.

Estévez turns 30 later this month, so he was one of the younger free agent relief options available. He’ll strengthen a Halo bullpen that ranked 18th in ERA (3.97) and 22nd in strikeout percentage (22.2%) this past season. It’s certainly possible general manager Perry Minasian and his staff continue to look for ways to strengthen their late-inning mix. They’ve been active in an attempt to snap an eight-year postseason drought. They signed Tyler Anderson to a three-year, $39MM guarantee to bolster the rotation while swinging deals for Gio Urshela and Hunter Renfroe to strengthen the infield and outfield, respectively. Estévez becomes the latest in their pattern of acquisitions — a shorter-term investment for a notable but hardly overwhelming salary to build depth which their recent rosters have lacked.

MLBTR predicted a three-year, $21MM deal for Estévez at the start of the offseason. He lands a salary in that range annually, but the Halos keep their commitment to two seasons. Anaheim’s payroll now sits around $198MM, in the estimation of Roster Resource. That’s already above this past season’s $189MM Opening Day figure, which was a franchise-record outlay. Anaheim is also looking into ways to upgrade the middle infield, so it seems likely they’ll wind up above $200MM by the time the 2023 season rolls around. Their luxury tax commitments are now around $212MM, per Roster Resource, leaving approximately $21MM in breathing room before next year’s base tax threshold.

Ken Rosenthal of the Athletic first reported the Angels and Estévez were in agreement on a deal. Jon Heyman of the New York Post was first to report it was a two-year guarantee worth around $14MM.

Image courtesy of USA Today Sports.

Rangers Sign Jacob deGrom To Five-Year Contract

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The Rangers have made their huge rotation splash, announcing agreement with Jacob deGrom on a five-year contract. It’s a reported $185MM guarantee, and the deal also includes a full no-trade clause. The VC Sports Group client will make $30MM next season, followed by successive $40MM salaries in 2024-25, $38MM in 2026 and $37MM in 2027.

The contract also contains a conditional option for the 2028 campaign, with salaries dependent on the health of deGrom’s arm over the first four seasons. If the hurler undergoes Tommy John surgery or suffers any elbow or shoulder injury that leads to a 130-day injured list stint within a season or a full calendar year absence over multiple campaigns, a club option would kick in. That’d be valued at $20MM, but it’d jump to $30MM if deGrom posts a top-five Cy Young finish at any point during the deal or tallied a cumulative 625 innings over the next five seasons. It’d go to $37MM if he pitches 725-plus frames or secures three top-five Cy Young finishes.

If deGrom doesn’t suffer the kind of injury that’d trigger the conditional provision, he could vest the 2028 option at $37MM by pitching 160+ innings in ’27 and securing a top-five Cy Young finish. In that case, he’d only need to pass a postseason physical to max out the contract at $222MM over six seasons.

“We are thrilled that Jacob deGrom has decided to become a Texas Ranger,” general manager Chris Young said in the press release. “Over a number of seasons, Jacob has been a standout Major League pitcher, and he gives us a dominant performer at the top of our rotation. One of our primary goals this off-season is to strengthen our starting pitching, and we are adding one of the best.”

It’s the biggest move of the offseason to date and the latest massive free agent strike out of Arlington. The Rangers committed more than a half-billion dollars to the trio of Corey Seager, Marcus Semien and Jon Gray last winter. That was designed to lay the foundation for a full-fledged return to contention in 2023. The Rangers didn’t see their desired steps forward from a win-loss perspective in 2022, largely because of a lackluster rotation behind Gray and Martín Pérez. Texas has suggested they were prepared to attack the top of the market to fortify the biggest weak point on the roster. They’ve done so with a shocking five-year deal for arguably the sport’s best pitcher.

deGrom is one of the most accomplished arms of his generation. While he fell to the ninth round of the 2010 draft and didn’t reach the majors until just shy of his 26th birthday in 2014, he immediately cemented himself as one of the game’s top pitchers. deGrom worked to a 2.69 ERA in his first 22 starts to secure the NL Rookie of the Year award and kick off a career as one of the league’s top hurlers.

The righty posted an ERA between 2.54 and 3.53 in each of the next three seasons, twice receiving down-ballot Cy Young support. Already a borderline ace, he took his game to new heights in 2018. deGrom twirled 217 innings with an MLB-best 1.70 ERA to secure his first Cy Young. The Mets inked him to a $120.5MM extension after that season. He followed up by repeating as the Senior Circuit’s best pitcher, claiming a second Cy Young with a 2.43 mark over 204 innings. He had another dominant season in the abbreviated 2020 campaign, and got off to one of the greatest first halves in history in ’21.

Through his first 15 starts that year, the four-time All-Star posted a microscopic 1.08 ERA while striking out an incredible 45.1% of opposing hitters. He was nagged by some minor health issues throughout the first few months, and that culminated in an injured list stint for forearm tightness right around the All-Star Break. While that wasn’t initially expected to lead to an extended absence, deGrom would wind up missing the remainder of the season. That September, New York president Sandy Alderson said deGrom had been dealing with a low-grade tear in his UCL, an eyebrow-raising assertion considering the right-hander had undergone Tommy John surgery before making his MLB debut. The pitcher refuted that, calling his ligament “perfectly fine.”

After a full offseason, deGrom was expected to return in 2022. Late in Spring Training, he felt some soreness during a between-starts throwing program. He was diagnosed with a stress reaction in his scapula and shut back down, and the injury wound up costing him the first four months of this past season. By the time he returned to the mound in early August, more than a full calendar year had gone by.

With that kind of layoff, one might’ve expected deGrom to show some signs of rust. Instead, he returned as his peak self, immediately dominating opponents yet again. The Stetson product averaged an absurd 98.9 MPH on his fastball and 92.6 MPH on the cutter/slider that serves as his go-to secondary offering. He struck out 42.7% of opponents against a minuscule 3.3% walk percentage. Opposing hitters swung and missed at 21.1% of his total pitches; no other starting pitcher with 50+ innings had a swinging strike rate above 17%. He struck out eight over six innings during his lone playoff start against San Diego.

A three-homer outing in Atlanta to end his season kicked deGrom’s ERA up to 3.08 in his abbreviated season, but there’s little doubt he’s still capable of performing at his top level if healthy. No pitcher on the planet is as dominant as deGrom on a per-start basis. He predictably opted out of the final $32.5MM on his deal with the Mets at the end of the season.

High-upside as this signing can be for the Rangers, there’s certainly plenty of risk in this kind of commitment to a pitcher who lost significant chunks of the past two seasons with arm issues. He’s worked just 162 1/3 innings (including playoffs) since the start of 2021. While deGrom had no control of the prorated season in 2020, he’ll still be expected to shoulder a full rotation workload despite having tossed just 224 1/3 cumulative innings over the last three years.

deGrom turns 35 years old in June. There’s no indication he’s on the verge of any performance regression. Texas’ commitment runs through his age-39 campaign, and there’s the potential for the deal to go sideways if his form tails off later into his 30’s. Now-former teammate Max Scherzer and fellow top free agent Justin Verlander have shown it’s not of the question for a pitcher to remain at peak form as he approaches 40. Neither Scherzer nor Verlander had dealt with the kind of injuries in their mid-30’s that have plagued deGrom, though.

The $185MM guarantee significantly tops MLBTR’s three-year, $135MM prediction at the start of the offseason. It’s the sixth-largest deal for a free agent pitcher in MLB history, trailing those of Gerrit Cole ($324MM), Stephen Strasburg ($245MM), David Price ($217MM), Scherzer ($210MM with the Nationals) and Zack Greinke ($206.5MM). The deal contains a $37MM average annual value that ranks second among any deal in big league history. Only Scherzer’s three-year pact with the Mets — which came out to $43.333MM per season — is higher.

Next year’s $30MM salary will bring Texas’ projected 2023 payroll commitments to around $170MM. That’d be a franchise-record tally for the Rangers, but there’s no indication the organization is planning to curtail spending any time soon. Owner Ray Davis and Young have each indicated there’s room for the club to be active on the open market, and there’s still plenty of work to be done in turning their 68-win roster into a contender in a difficult AL West. Young and skipper Bruce Bochy are each headed into their first full season at the helm, and they’ll expect to break a six-year playoff drought.

deGrom goes to the top of a rotation that brings back Gray and Pérez, who accepted a qualifying offer. The Rangers acquired Jake Odorizzi from the Braves at the start of the offseason, and Dane Dunning is a decent back-of-the-rotation arm. That’s a viable starting five, but the team’s rotation depth is still lacking and they could add another arm from outside the organization. The infield and catcher are in strong shape. Adolis García is the only outfielder who’s guaranteed everyday reps, leaving two spots that could be addressed, and the team figures to add at least one reliever.

The contract contains a $37MM luxury tax hit. The average annual values of a team’s commitments are relevant for competitive balance tax purposes. Signing deGrom brings Texas around $192MM in estimated CBT figures, per Roster Resource, leaving them around $40MM shy of the lowest $233MM threshold.

The Mets will have to rapidly turn the page, bidding farewell to one of the best pitchers in franchise history. New York has also seen Chris Bassitt, Taijuan Walker and Trevor Williams hit free agency. They’re sure to add to a starting staff led by Scherzer and Carlos Carrasco. Free agency offers a pair of remaining aces in Verlander and Carlos Rodón, and the big-spending Mets have previously been tied to both pitchers. Losing deGrom only figures to increase their urgency to bring in one of those two hurlers, and they’ll need to retain or replace free agent center fielder Brandon Nimmo.

New York receives modest compensation for deGrom’s departure. The team made him a qualifying offer at the start of the offseason, which he rejected. As a team that paid the luxury tax in 2022, New York receives the lowest compensation: a pick after the fourth round of next year’s amateur draft. The Rangers neither paid the luxury tax nor received revenue sharing this year. They’ll therefore surrender their second-highest pick in next year’s draft and forfeit $500K in international signing bonus space. Should they sign another qualified free agent this offseason — both Seager and Semien had turned down a QO last winter — they’d be stripped of their third-highest selection.

Jeff Passan of ESPN was first to report deGrom received a $185MM guarantee, and that the deal contained a conditional sixth-year option that could push its value to $222MM. Levi Weaver of the Athletic reported the yearly salary terms. Ronald Blum of the Associated Press reported the details of the 2028 option.

Image courtesy of USA Today Sports.

Brewers Reportedly Planning To Hold Onto Adames, Burnes, Woodruff Into 2023 Season

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The Brewers have told interested teams they’re unwilling to trade co-aces Corbin Burnes and Brandon Woodruff or shortstop Willy Adames, tweets Bob Nightengale of USA Today. Milwaukee general manager Matt Arnold declined comment on any specific individuals but confirmed generally the team plans to “build around” their group of core players “to do the best we can here in 2023” (via Adam McCalvy of MLB.com).

Burnes, Woodruff and Adames would certainly qualify as core players on the Milwaukee roster. All three are entering their penultimate season of arbitration eligibility, which raised loose speculation that a Brewers team with a mid-tier payroll could look to move them at the peak of their trade value. However, Jeff Passan of ESPN first reported at the outset of the offseason Milwaukee planned to build around their core group. Ken Rosenthal of the Athletic similarly suggested last night the Brew Crew was unlikely to deal any of that trio before the start of the season.

The early stages of Milwaukee’s offseason haven’t exactly followed that script. The Brewers parted ways with relievers Brent Suter and Brad Boxberger in the first few weeks. They exercised a $10MM option on Kolten Wong and tendered an arbitration contract with a projected $11.2MM salary to Hunter Renfroe, but both players immediately found themselves in trade rumors. They’re now division rivals in the AL West. Milwaukee sent Renfroe to the Angels for a trio of pre-arbitration pitchers two weeks ago. This afternoon, they dealt Wong to the Mariners in a roughly cash-neutral swap that brought in corner outfielder/designated hitter Jesse Winker (who’s making $8.25MM next season) and arbitration-eligible infielder Abraham Toro.

Subtracting Renfroe and Wong while adding Winker, Toro and pitchers Elvis Peguero and Janson Junk (acquired from Anaheim) probably represents an early downgrade for the Milwaukee roster. Yet parting ways with productive but not elite regulars like Renfroe and Wong is certainly not as impactful as dealing away any of Burnes, Woodruff or Adames would be. That’s particularly true in the case of the Wong swap, which wasn’t intended to slash payroll so much as dealing from an area of roster strength to add a potential offensive upgrade. Milwaukee has highly-regarded prospect Brice Turang as an option to step in at second base, while Toro joins Luis Urías and Mike Brosseau as internal candidates to play second or third.

The Brewers took a similar tack at last summer’s trade deadline. The Josh Hader trade was much maligned — both at the time and in retrospect — as Milwaukee subtracted one of the sport’s top relievers in the midst of a playoff race. Hader’s lofty arbitration salary and window of control dwindling to a season and a half certainly played a part in the front office’s calculus, but the deal wasn’t designed to wave the white flag on the 2022 season. The Brewers brought back a highly-regarded late-inning pitcher of their own in Taylor Rogers and added prospects Esteury Ruiz and Robert Gasser to the organization. Rogers underperformed during his few months with the Brew Crew, and now-former president of baseball operations David Stearns acknowledged in retrospect he didn’t completely foresee how poorly received the loss of Hader would be in the clubhouse. Yet even if that trade didn’t work as intended, it’s clear it wasn’t designed to kick off any kind of rebuild.

Adames is projected by MLBTR contributor Matt Swartz for a $9.2MM arbitration salary. Burnes and Woodruff are each forecasted at or just above $11MM. Those are notable figures but still significant bargains relative to those players’ productions. It’d make them the subject of strong interest on the trade market but also key contributors to a Brewers team looking to improve upon last year’s 86-win season. None of those salaries are so exorbitant Milwaukee would feel any urgent financial pressure to clear them from the books.

The Brewers opened the 2022 season with a payroll just under $132MM, according to Cot’s Baseball Contracts. Roster Resource presently projects their 2023 commitments — including arbitration estimates — around $116MM. Even if owner Mark Attanasio isn’t keen on a significant payroll spike, Arnold and his staff should have plenty of room to retain each of Adames, Woodruff and Burnes while making a few targeted upgrades elsewhere on the roster. That’s before considering the possibility of trades subtracting a few more ancillary players. Rowdy Tellez, Adrian Houser and Keston Hiura are all speculative trade candidates this offseason, and it’s not completely out of the question the Brewers field offers on Winker.

Adding another bat in the corner outfield/DH mix could be in order. Winker’s probably best suited for bat-only work if he’s on the roster, which would leave right field to Tyrone Taylor as things currently stand. Milwaukee has a few prospects who could factor into center field, with Garrett Mitchell leading the group after debuting late in 2022, but could look for a veteran complement to add some depth. The Brewers also saw catcher Omar Narváez hit free agency, meaning they could explore ways to upgrade on Víctor Caratini. First base, presently manned by Tellez, is another area where the club may try to inject life into an offense that was only a bit above league average this past season.

Phillies To Meet With Top Four Free Agent Shortstops

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The Phillies have meetings scheduled with all four of the top free agent shortstops, reports Jayson Stark of the Athletic. They’ll sit down with the representatives for each of Carlos Correa, Trea Turner, Dansby Swanson and Xander Bogaerts before the Winter Meetings kick off in earnest next Monday.

Philadelphia is widely seen as likely to land one member of that group, with reports suggesting they’re particularly dialed in on Turner. They’ve also been previously linked to Bogaerts, and it’s easy enough to see why they’d cover all bases in meeting with Correa and Swanson as well. The Phils have a need for middle infield help to pair with youngster Bryson Stott, and adding one of the top shortstops available is the most straightforward way to achieving that.

The expectation is that Correa and Turner will command the two largest contracts, with Boagerts and Swanson coming in behind them. Correa is the youngest of the group at age 28, while Turner has the most consistent offensive track record over the past couple seasons and is arguably the game’s top baserunner. Bogaerts is a similar caliber of hitter to Correa and Turner but has faced some questions about his ability to stick at shortstop into his mid-30’s. Swanson’s coming off a Gold Glove-winning season that he paired with arguably the best offensive showing of his career, but his general track record at the plate is behind the other three.

All four players are commanding ample interest and could top $150MM on the open market. The Dodgers, Padres, Giants, Twins, Braves, Red Sox and Orioles are among the teams that have been tied to at least one of the shortstops available. Turner, who’s reportedly the Phillies’ primary target, has been linked to a pair of the NL’s other top teams.

Ken Rosenthal wrote last night that the Padres were among the clubs with interest in Turner, and Rosenthal and Dennis Lin at the Athletic report tonight that San Diego has already met with Turner and his representatives twice this offseason. Kevin Acee of the San Diego Union-Tribune also characterizes the club’s interest in Turner as legitimate. Acee suggests that San Diego actually signing one of the top shortstops remains a long shot, considering the Friars already have Fernando Tatis Jr., Ha-Seong Kim and Jake Cronenworth as middle infield options. However, the Union-Tribune writes that San Diego could put Cronenworth on the trade market to alleviate the logjam if they surprisingly landed one of the top shortstops. The Friars have also been tied to Bogaerts at multiple points this offseason.

The Dodgers have been connected to both Turner and Bogaerts on various occasions. Juan Toribio of MLB.com wrote yesterday that L.A. and Turner have spoken in recent weeks. Toribio suggests the Dodgers could be reluctant to meet Turner’s asking price, but it seems likely the sides will remain in contact as the Winter Meetings approach.

Continuing with the theme, the Twins have a sit-down scheduled with Correa in the next few days, tweets Darren Wolfson of SKOR North. Minnesota has maintained their interest in retaining Correa throughout the offseason, and they’ve reportedly floated him a number of long-term deals.

Giants Claim Miguel Yajure From Pirates

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The Giants announced they’ve claimed right-hander Miguel Yajure off waivers from the Pirates. San Francisco’s 40-man roster count jumps to 38, while Pittsburgh’s tally falls to 38.

Yajure joined the professional ranks as an amateur signee with the Yankees in 2015. A few seasons of strong performance in the low minors put him on the prospect radar by 2019, when he posted a 2.26 ERA across 127 2/3 innings in High-A. Yajure made a brief MLB debut in 2020, when the minor league campaign was canceled by the pandemic. The following offseason, he was one of four players dealt from New York to Pittsburgh for Jameson Taillon.

Pittsburgh viewed the Venezuela native as a possible short-term rotation replacement, but his production stalled out in their organization. Yajure lost a good chunk of the 2021 season to injury and only made four MLB appearances and nine starts at Triple-A. He stayed mostly healthy in 2022 but had a disappointing year. Yajure pitched 12 times (11 in relief) at the big league level, allowing an 8.88 ERA with as many walks as strikeouts through 24 1/3 innings. His production at their top affiliate in Indianapolis wasn’t much better, as he managed only a 6.09 ERA across 54 2/3 frames. He started 14 of his 16 appearances in Triple-A.

While Yajure has yet to find any MLB success, he rated as the #17 prospect in the Pirates system at Baseball America as recently as the start of the 2022 campaign. He’s drawn praise from evaluators for solid control and a balanced four-pitch arsenal that includes a curveball, cutter and changeup. The Giants are active as any team on the waiver wire, and they’ll again turn to that market for a 24-year-old upper level depth option.

San Francisco’s affinity for tinkering at the back of the 40-man roster could make it difficult for Yajure to hold his spot all offseason. He’s out of minor league option years, so he’d have to break camp with the big league club if he’s still on the roster come Opening Day.

Dodgers Sign Shelby Miller To Major League Deal

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December 2: The Dodgers have officially announced the signing of Miller to a one-year, $1.5MM deal.

December 1: Jon Heyman of The New York Post reports that the incentives are worth $100K.

November 29: The Dodgers are in agreement with free agent reliever Shelby Miller on a major league contract. The deal, which is pending a physical, reportedly comes with a $1.5MM base salary and additional performance bonuses.

Miller will step right onto the 40-man roster despite not having had much recent MLB experience. He’s made just 17 appearances at the game’s highest level over the last three years. That includes four late-season appearances with the Giants in 2022. Selected onto the big league roster for the season’s final two weeks, he was called upon four times in San Francisco.

The right-hander allowed five runs in seven innings for the Giants, but he struck out 14 while walking just three. That came in spite of a lackluster 8.4% swinging strike rate, but Miller excelled at freezing batters on pitches inside the strike zone. Opponents offered at just over half the would-be strikes he threw, well shy of the 68.8% league average for relievers.

He’s almost certainly not going to maintain that pace over a full season, but he flashed some ability to keep MLB hitters off balance with a pared-down repertoire. Miller featured only two pitches — a low-80s slider and a four-seam that averaged a bit above 94 MPH — during this year’s MLB action. He also found a fair bit of success in the upper minors, striking out an excellent 32.4% of opponents en route to a 3.62 ERA across 32 1/3 frames with the Giants’ top affiliate in Sacramento.

That was enough to intrigue multiple teams. Susan Slusser of the San Francisco Chronicle reported last week the 32-year-old had major league offers on the table from two clubs. The Giants weren’t one of them, at least at that time, preferring to give him a Spring Training invitation to compete for a roster spot. Miller won’t have to do so in L.A., as he’ll receive a guaranteed salary and presumably be penciled directly into the big league bullpen. As a player with more than five years of MLB service time, he’ll have to remain in the majors or be designated for assignment. The Dodgers wouldn’t have offered an MLB deal if they didn’t anticipate he’d make the Opening Day roster.

While Miller’s brief MLB work and Triple-A numbers from this past season make him an interesting depth flier, he’s far from a sure thing to cement himself in the middle innings mix for skipper Dave Roberts. Miller has appeared at the MLB level in 10 of the past 11 years — only missing the shortened 2020 campaign — but he’s not found sustained success since 2015. One of the sport’s better young starters during his early days with the Cardinals and Braves, Miller saw his career go off track after the infamous deal that sent him to Arizona and landed Dansby Swanson and Ender Inciarte in Atlanta.

After posting a 6.05 ERA in 20 starts during his debut season with the D-Backs, he lost most of the 2017-18 campaigns rehabbing from Tommy John surgery. He was tattooed for an 8.59 ERA with nearly as many walks as strikeouts in 44 frames for the Rangers in 2019, and it was a similar story during an abbreviated look with the Cubs and Pirates in 2021. All told, he owns a 7.02 ERA in 65 appearances with five teams since the end of the 2015 season. He’s worked almost exclusively in relief for two consecutive years.

Los Angeles relievers posted a 2.87 ERA this past season, the second-lowest mark in the majors. Their 26.7% strikeout rate placed fourth, with Evan Phillips and Yency Almonte breaking out alongside the more established Alex Vesia and Brusdar Graterol as late-inning arms. The Dodgers are also welcoming back Daniel Hudson from a season-ending ACL injury, giving them a decent number of high-upside relief options.

With the potential free agent departures of Craig Kimbrel, Tommy Kahnle and Chris Martin and the likelihood of a lost season for Blake Treinen, L.A. figures to continue trying to stockpile middle innings depth. Even factoring in Miller’s modest salary, Los Angeles has a bit under $153MM in estimated payroll commitments for next season. Finalizing their agreement with Clayton Kershaw is expected to tack on around $20MM to that mark, but there’s still plenty of room for bigger splashes at shortstop and in the starting rotation.

Ken Rosenthal of the Athletic first reported the Dodgers and Miller were in agreement on a big league contract. Kiley McDaniel of ESPN was first to report it contained a $1.5MM base salary with performance bonuses.

Significant Gap Remains In Discussions Between Astros, Justin Verlander

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The Astros and Justin Verlander remain “far apart” in discussions about a new contract, reports Jon Heyman of the New York Post. The nine-time All-Star is part of a trio of top free agent starters alongside Jacob deGrom and Carlos Rodón.

The biggest stumbling block seems to be on the AL Cy Young winner’s desire for a third guaranteed season. Heyman writes that Verlander is seeking a deal around $130MM over three years — the same figure received by former teammate Max Scherzer from the Mets last winter. Houston owner Jim Crane similarly suggested Verlander was pointing to the Scherzer contract as precedent last month.

The Scherzer deal indeed seems the closest comparison to Verlander, although their situations aren’t perfectly analogous. While both are all-time great pitchers still pitching near the top of their games deeper into their careers, a three-year bet on Scherzer was probably easier for a team to stomach than that same term for Verlander. Scherzer signed in advance of his age-37 season, while the latter will be three years older at the start of his next contract. Verlander’s two years removed from a Tommy John procedure that cost him almost all of the 2020-21 campaigns, but he’s bounced back to pitch at pre-surgery levels this year. Scherzer had avoided any injury of that magnitude in the past decade, topping 170 innings in every full season since 2008 before this year.

While that seems to tip things in Scherzer’s favor, their pure performance track records are mostly without complaint. Verlander had a 1.75 ERA across 175 innings this past season; Scherzer posted a 2.46 mark in 2021. The latter missed more bats, striking out 34.1% of opponents against Verlander’s 27.8% mark. Fanning just under 28% of opponents is still excellent for a starting pitcher, though, and Verlander maintained top-tier control while sitting in the mid-90s with his fastball.

Chandler Rome of the Houston Chronicle reported in November that Crane was reluctant to offer more than a two-year deal in the $60-70MM range. That’s shy of the Scherzer deal both by a year and a decent amount of annual salary ($30-35MM versus $43.333MM). It’s unclear if Houston has shown any willingness to raise their proposed salary figure in the few weeks since then, but Heyman reports they’re still opposed to a three-year guarantee.

Were Verlander to leave Houston, he’d draw no shortage of interest from the league’s big-market behemoths. He has already had meetings with the Dodgers and Mets, and Heyman has previously suggested the Yankees are also in the market.

Dodgers, Giants Interested In Kolten Wong

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The Dodgers and Giants are among the teams looking into the possibility of a trade for Brewers second baseman Kolten Wong, reports Ken Rosenthal of the Athletic. The Mariners are also known to have checked in as part of their search for a left-handed hitting second baseman.

Wong is one of the winter’s likelier trade candidates. Milwaukee has a loaded arbitration class that has led them to explore ways to alleviate a payroll crunch. The Brewers waived reliever Brent Suter, whom they apparently weren’t looking to tender a contract with a projected $3.1MM salary. Milwaukee tendered a contract to corner outfielder Hunter Renfroe, but they subsequently dealt him to the Angels for a trio of pitchers and knocked a projected $11.2MM salary off the books.

It appears they’re planning a similar strategy with Wong. The Brewers opened the offseason with a decision on the 32-year-old infielder, as his free agent deal contained a $10MM club option or a $2MM buyout. Milwaukee exercised the option, but Rosenthal writes the Brewers are expected to deal Wong at some point this offseason.

Wong is coming off an atypical season. A two-time Gold Glove winner, he’s been one of the sport’s top defensive second basemen throughout his career. His track record at the plate has been more mixed, but he paired arguably his best offensive season and his worst showing with the glove in 2022. Wong hit 15 home runs and put up a .251/.339/.430 line through 497 plate appearances, numbers that checked in 16 percentage points above league average according to wRC+. Statcast pegged him as the game’s worst defensive second baseman, though, estimating he was seven runs below average. Wong committed 17 errors, tying a career high, and he had the worst speed metrics of his career. At his age, Wong’s best days as a defender could be behind him, although it’s worth noting he also didn’t seem fully healthy. He lost a couple weeks in June to a right calf strain and acknowledged after the season he played through leg injuries (via Todd Rosiak of the Milwaukee Journal-Sentinel).

The Brewers aren’t going to move Wong solely for the purpose of salary relief. Had they been completely set on cutting costs, they could’ve declined his option (or placed him on waivers in hopes another team would claim him and get them off the hook for the buyout). Milwaukee didn’t do that, but as with Renfroe, they don’t seem motivated to retain Wong at his current salary. Rather, they’ve apparently made the determination he has trade value at that $10MM price point and are looking to capitalize on that while creating additional payroll flexibility.

If they do move Wong, the Brewers could hand second base over to former first-round pick Brice Turang. Wong himself suggested after the season that Turang’s presence could inspire Milwaukee to let him go, as the young hitter is coming off a strong season for Triple-A Nashville. Turang, a left-handed hitter, is coming off a .286/.360/.412 showing in 131 games for the Sounds. Prospect evaluators regard him highly as a defender, and he’s now on the 40-man roster after being added to keep him out of the Rule 5 draft.

The Dodgers and Giants each have plenty of spending capacity. Both clubs are sure to take swings at top-of-the-market free agents, but Wong represents a solid fallback as each seeks to build out their infield. Los Angeles has seen Trea Turner hit free agency, while they declined a team option on Justin Turner. They’re possible suitors for any of this winter’s top four free agent shortstops — Trea Turner, Dansby Swanson, Xander Bogaerts and Carlos Correa — but Rosenthal suggests they could pursue a top free agent and a Wong trade.

The thinking in that scenario would be to rely on Wong and an open market acquisition up the middle while turning third base over to Gavin Lux. Lux has only played six MLB innings at third base, spending the bulk of his time in the middle infield. Defensive Runs Saved and Statcast have loved his work at second base but been mixed on his shortstop defense. Statcast ranked Lux 155th out of 163 qualified infielders in arm strength this year, meaning he’d probably be stretched at the hot corner. Los Angeles also has a top third base prospect, Miguel Vargas, ready for a big league look after a .304/.404/.511 showing in Triple-A.

San Francisco already has a left-handed hitting second base option in Tommy La Stella. He’s under contract for $11.5M in the final season of a three-year free agent deal that hasn’t worked as hoped. La Stella owns a .245/.297/.380 line as a Giant, seemingly putting his path to everyday reps in jeopardy. The Giants could also explore the top of the shortstop market, perhaps with an eye towards kicking any acquisition over to second base in deference to Brandon Crawford. They’ve been prominently mentioned as the Yankees’ top rival on Aaron Judge, though, and landing a big-ticket shortstop would probably be off the radar if their pursuit of Judge proves fruitful.

While the Brewers have been open to talks on Renfroe and Wong, there’s no indication they’re planning a broad teardown of the roster. Listening to offers on quality role players with escalating price tags is par for the course for a Milwaukee franchise that consistently works to thread the needle of remaining competitive with mid-tier payrolls. Dealing someone like Corbin Burnes, Brandon Woodruff or Willy Adames would be a far more impactful subtraction from the MLB roster, and it doesn’t appear GM Matt Arnold and his front office are eager to make a move of that kind.

Rosenthal unsurprisingly writes the Brewers are finding ample interest on Burnes, Woodruff and Adames but suggests they may be likelier to hold onto those players into the season and reevaluate their place in the standings closer to the trade deadline. All three players have two seasons of arbitration control remaining, and while it seems likely at least one member of that group will eventually be dealt, there’s no pressing concern for the Brewers to do so this offseason.

NPB’s Tohoku Rakuten Golden Eagles Sign Maikel Franco

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The Tohoku Rakuten Golden Eagles of Japan’s Nippon Professional Baseball announced the signing of third baseman Maikel Franco for the 2023 season (link via Japan Times). It’ll be the first stint in Japan for Franco, who has appeared in the majors in each of the past nine campaigns.

A top prospect during his days as a minor leaguer, Franco looked like a franchise building block for the Phillies after a .280/.343/.497 showing during his age-22 season in 2015. He never took the expected step forward after that initial MLB success, however, and that year remains the best of his career. Franco posted below-average numbers in each of the next two seasons. He bounced back with an average year in 2018 but was cut loose after another disappointing season in 2019.

After being let go by Philadelphia, Franco bounced around the majors in journeyman fashion. He signed with the Royals for the abbreviated 2020 campaign. He posted decent offensive numbers but was nevertheless non-tendered at the end of the season. Franco played for the Orioles and Nationals over the past couple seasons, logging a bit more than 100 games in each year. He combined for just a .219/.254/.319 line from 2021-22, and he was released in August during both seasons.

Franco owns a .244/.293/.414 line in over 3500 big league plate appearances. He’s connected on 130 home runs and surpassed 20 longballs in three straight seasons with the Phils from 2016-18. He’s occasionally shown the power potential that once made him such an exciting young player, but a very aggressive offensive approach has prevented him from topping a .321 on-base percentage in any season since his rookie year. Franco has rated as a below-average defensive third baseman throughout his career.

A native of the Dominican Republic, Franco has a decent .268/.314/.439 line over parts of four Triple-A seasons. He’ll look to more consistently tap into his power production against NPB pitching. He only recently turned 30 years old and could again be an option for MLB teams in future offseasons if he performs well in Japan.

Braves Open To Exceeding Luxury Tax Threshold

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Much attention this offseason has been paid to the Braves spending outlook. Atlanta boasts one of the league’s top rosters but currently faces a major question at shortstop. Dansby Swanson has hit the open market as one of the top players available, and the Braves have to determine whether to make another significant investment to keep the Gold Glove winner in the fold.

Retaining Swanson would surely involve pushing the club’s spending beyond the base competitive balance tax threshold. That figure is set at $233MM for 2023. Roster Resource presently forecasts Atlanta for around $228MM in luxury tax obligations. That includes projections for arbitration-eligible players Max Fried, A.J. Minter and Dennis Santana, which come with small error bars until those salaries are finalized. Still, one can estimate the team is at least within $10-15MM of next year’s base tax threshold before trying to retain Swanson or further augment the roster in left field or at designated hitter.

Justin Toscano of the Atlanta Journal-Constitution writes that the Braves are giving internal consideration to surpassing the luxury tax in the right situation. That’s hardly a surprising development. Atlanta brass has already gone on record about their affinity for Swanson, and they reportedly offered him a deal in the $100MM range during the season. An offer in that realm would push the Braves into luxury tax territory if accepted, and Swanson’s widely expected to beat that figure fairly handily. MLBTR predicts he’ll receive a seven-year, $154MM deal. If Swanson’s contract winds up falling in that area, it’d tack on somewhere in the neighborhood of $22MM annually to the signing team’s ledger.

A team’s competitive balance tax number is calculated by adding the average annual values of a club’s commitments, in addition to player benefits. For CBT purposes, there’s no difference between backloaded, frontloaded or evenly-distributed contracts. That reduces (but doesn’t entirely eliminate) teams’ ability to creatively structure deals around the tax. Yet for most teams it puts the club’s luxury tax number above their actual payroll for the upcoming season. That’s particularly true of the Braves, who have signed a number of players to early-career extensions with salaries that escalate later in the deal. For example, the Spencer Strider deal contains a $12.5MM tax hit, but he’ll actually make just $1MM next season.

Roster Resource projects Atlanta’s actual 2023 spending just under $196MM at the moment. Toscano writes the organization is placing a greater emphasis on that figure than on their current CBT number. While it seems there’s still some room to maneuver from that perspective, the Braves are already projected well above their previous franchise record. They opened this past season with a payroll just south of $178MM, per Cot’s Baseball Contracts. That was an organizational high, and they’re nearly $20MM above that for 2023 before considering Swanson or any outside additions.

One would certainly expect payroll to rise on the heels of five straight division titles, including their 2021 World Series. Much has been made of multiple members of the Liberty Media ownership group suggesting the organization planned to eventually have a top five payroll, but as MLBTR’s Steve Adams explored in October, they’re not far off that pace as is. It’s also difficult to identify ways for Atlanta to trim payroll without subtracting key contributors from the MLB roster. The team could probably find a taker for most or all of the $4.5MM owed to third catcher Manny Piña. They’d have a harder time shedding much of the $9MM they owe Eddie Rosario after the left fielder’s rough year, and they surely won’t find other clubs eager to assume much (or any) of the $37MM due to Marcell Ozuna over the next two seasons.

With the franchise already in uncharted waters, it’s difficult to glean from the outside how much flexibility is at hand for president of baseball operations Alex Anthopoulos and his staff. If the Braves wind up paying the luxury tax in 2023, the penalties they’d face would be relatively minor. They’d be taxed at a 20% rate for every dollar spent between $233MM and $253MM. That’d be followed by a 32% tax on spending between $253MM and $273MM, and they’d face stiffer penalties in the unlikely event they pushed beyond that second tier of penalization.

Finishing with a CBT number between $233MM and $253MM –which would be viable even if they re-signed Swanson — would come with a maximum of $4MM in additional fees. For a team that would already be spending upwards of $200MM on player payroll, that’s a relatively modest additional sum. Financial penalties escalate for teams that exceed the CBT threshold in multiple consecutive years, but the Braves are slated to see roughly $55MM in guaranteed commitments come off the books at the end of next season.

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