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Dodgers, Julian Fernandez Agree To Minor League Deal

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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.

Rangers Sign Hoby Milner

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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.

Phillies Sign Max Kepler

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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.

Mets Meet With Roki Sasaki

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December 20: The Cubs are going to be meeting with Sasaki today, reports Bruce Levine of 670 The Score.

December 19: The Mets had a meeting with Roki Sasaki on Thursday, reports Andy Martino of SNY. They’re the second team that has been publicly revealed to meet with the NPB star. Yankees general manager Brian Cashman told reporters (including MLB.com’s Bryan Hoch) on Wednesday that Sasaki had scheduled an in-person meeting with the club. It’s not clear when that will take place.

Virtually every team would love to land Sasaki. It stands to reason that most, if not all, clubs have at least prepared a pitch they can make to the 23-year-old righty. Sasaki and his representatives at Wasserman presumably don’t intend to meet with every team over the next few weeks, though.

Agent Joel Wolfe spoke with media (including MLBTR’s Tim Dierkes and Steve Adams) at the Winter Meetings. Wolfe indicated that Sasaki would speak with teams in person at a central location in the United States throughout this week. He’s slated to return to Japan for the holidays but could come back to the U.S. to view the cities of the finalists thereafter.

This is only the first run of presentations. Many people consider the Dodgers or (to a lesser extent) the Padres to be the favorites, though Wolfe vehemently denied last month that there was any kind of handshake agreement with Los Angeles already in place. Wolfe suggested at the Winter Meetings that Sasaki could benefit from landing in a city that doesn’t have a large media contingent, though he stressed that was solely his opinion and that he and Sasaki had yet to discuss that in great detail.

Sasaki’s posting window opened on December 9. He must sign with an MLB team by January 23 but cannot sign until after next year’s international amateur period opens on January 15. He could reach an unofficial verbal agreement before that point, however. Sasaki’s bonus will be hard capped by MLB’s amateur signing limitations.

Teams can acquire up to 60% of their bonus allotment via trade. Those trades cannot begin until the 15th. Sasaki’s maximum potential bonus would be $12.0888MM. He’ll likely sign for a fair bit less than that, since it’d require a team with the highest initial pool (one of Milwaukee, Seattle, Tampa Bay, Minnesota, Miami, Cincinnati, Detroit, or the Athletics) to trade for the maximum amount and commit their entire pool to Sasaki. The Yankees and Mets each have just under $6.2616MM in their starting pool. If they traded for 60% more space, they’d be able to offer just over $10MM.

Front Office Subscriber Chat Transcript

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MLBTR’s Anthony Franco held a live chat today, exclusively for Front Office subscribers!

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Blue Jays Receiving Trade Interest In Bo Bichette

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The Blue Jays are taking trade calls on Bo Bichette, writes Ken Rosenthal of the Athletic. While Rosenthal cautions that Toronto is not actively shopping their shortstop, he reports that the Jays are willing to deal Bichette if another club meets a lofty asking price.

That’s a change from last month. At the GM Meetings in early November, general manager Ross Atkins told Jon Morosi of the MLB Network that any trade calls regarding Bichette would be “an easy no.” When a GM publicly shoots down trade rumors regarding a player to that extent, they rarely reverse course.

The biggest exception in recent years came when Juan Soto was a National. Washington GM Mike Rizzo said in June 2022 that the team was “not trading” the outfielder. Two months later, Soto was a Padre. Circumstances changed in the interim, as Soto rejected a $440MM extension offer a couple weeks before the deadline. (That decision proved wise considering the amount of money he landed in free agency two and a half years later.)

Toronto’s circumstances have also changed since Atkins said he wouldn’t consider a Bichette deal. The Jays acquired Andrés Giménez from the Guardians last week, taking on nearly $100MM on his five-year contract to do so. Giménez is the game’s best defensive second baseman. He has won the AL Gold Glove award at the keystone three years running. He came up as a shortstop prospect and didn’t fully move off that position until 2023.

Giménez has elite range, sure hands, and above-average arm strength. He could probably handle shortstop and may well remain a plus defender there. That seemed like Toronto’s long-term plan when they acquired him. Giménez would play second base for his first season with the Jays, then kick over to shortstop once Bichette hit free agency next winter.

That still seems the likeliest outcome. However, Rosenthal notes that the Jays could deal Bichette while signing Alex Bregman to pair with Giménez on the left side of the infield. Toronto has come up empty on its pursuit of top-tier free agents thus far. They’re among four to six teams that are reportedly in the mix on Bregman, who is easily the best unsigned position player. To be clear, Rosenthal didn’t characterize a Bichette trade as being conditional on the Jays signing Bregman. He simply floated that as one potential sequence of outcomes.

The Jays have Vladimir Guerrero Jr., Giménez, and Bichette lined up at three infield spots. Third base is less settled. Toronto has a collection of upper level infielders who are either light on MLB experience or project as utility types. Ernie Clement would probably get the bulk of the playing time. Orelvis Martinez, Addison Barger, Will Wagner and Leo Jiménez could also vie for reps.

That’s not a group that’d stop the Jays from adding Bregman. They’d have room on the roster for the star third baseman even if they hold Bichette. Dealing their shortstop would open spending room for the upcoming season while potentially bringing back MLB-ready outfield or pitching talent. Bichette is under contract for $16.5MM in his final year of club control.

At the same time, teams could be reluctant to package significant talent after the worst season of Bichette’s career. He’s coming off a dismal .225/.277/.322 showing over 336 plate appearances. He landed on the injured list three times and only appeared in half the team’s games. A pair of right calf strains were the biggest issue. He also broke his right middle finger late in the year and required minor surgery.

That terrible season came out of nowhere. Bichette has otherwise been one of the league’s best middle infielders since he debuted in 2019. He’d hit above .290 and reached 20 homers in each of his first three full seasons. Bichette went into the ’24 campaign with a career .299/.340/.487 slash line in more than 2300 plate appearances. He garnered down ballot MVP votes each year between 2021-23.

Teams don’t know which version of Bichette they’ll get in 2025. That’s also true of the Jays, who are wary of selling low on a star talent. Toronto has never seemed optimistic about their chance of signing him beyond next season, but they’re going into ’25 with the hope of competing. Trading a potential All-Star shortstop for prospects wouldn’t align with that goal. If they fall out of the race, they could market him at the deadline. The best scenario (short of an extension) would be a rebound year from Bichette that helps to keep Toronto in contention and allows them to make a qualifying offer next winter.

The Jays’ willingness to hear teams out on Bichette — even if an offseason trade remains unlikely — boosts a very thin shortstop market. Willy Adames was the top free agent. He went to the Giants, the team with the clearest combination of positional need and payroll flexibility. Ha-Seong Kim, who is recovering from labrum surgery that’ll force him to begin the season on the injured list, is the only other potential regular on the open market. There aren’t many obvious trade candidates. The Braves stand out as the contender with the biggest question at shortstop. The Tigers, Angels, Mariners, Padres and Pirates could also stand to upgrade at least one middle infield position (though the final three clubs might each balk at the $16.5MM price point).

Where Can The Orioles Turn For A Top-End Starter?

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The Orioles made one necessary rotation upgrade this week, signing Tomoyuki Sugano to a $13MM deal on Monday. That should be the first of multiple starting pitching acquisitions. Sugano projects as a back-of-the-rotation arm at this stage of his career. The O's need for an ace persists.

Baltimore addressed that last winter via trade. The O's acquired one year of control over Corbin Burnes for Joey Ortiz and DL Hall in what was GM Mike Elias' boldest trade to date. Burnes pitched as well as the O's could've expected, turning in a 2.92 ERA across 32 regular season starts to earn a fifth-place finish in Cy Young balloting. He fired eight innings of one-run ball in his lone postseason appearance. Unfortunately, the offense cratered down the stretch and scored a grand total of one run in their two playoff games. The Royals swept them by respective 1-0 and 2-1 margins.

Burnes is a free agent, leaving Elias and his staff on the hunt for another top-end arm. Where could they turn?

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Rangers Sign Alan Trejo To Minor League Contract

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The Rangers announced the signing of infielder Alan Trejo to a minor league deal with a Spring Training invite. Texas also re-signed catcher Cooper Johnson and added reliever Nolan Hoffman as non-roster invitees.

Of that trio, Trejo is the only one with MLB experience. The righty-hitting utilityman has suited up for the Rockies in each of the last four seasons. He has hit .228/.276/.334 across 469 plate appearances in the big leagues. Colorado cut him loose in June. Trejo landed a minor league contract with the Dodgers. He finished the year with Triple-A Oklahoma City, where he hit .265/.346/.408 with six homers across 241 plate appearances.

Trejo isn’t going to provide much offensive upside. He can play anywhere on the infield, though, with solid grades for his second base defense in particular. He should open next season at Triple-A Round Rock. Trejo is out of options, so the Rangers would need to keep him on the MLB roster or run him through waivers if they call him up at any point.

Johnson is a 26-year-old catcher who played this year with Texas’ Double-A affiliate. The Ole Miss product hit .235/.355/.474 with 14 home runs in the Texas League. Hoffman, a 27-year-old righty, has pitched in the Seattle and Baltimore systems. He spent the ’24 campaign in Triple-A with the Orioles. Hoffman pitched to a 3.88 ERA while striking out 28% of opponents across 58 innings.

Astros Telling Teams They Don’t Intend To Trade Framber Valdez

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The Astros are telling opposing teams they do not intend to trade left-hander Framber Valdez, writes Jeff Passan of ESPN. Houston’s ace had come up in trade rumors at the Winter Meetings.

In response to a question regarding the availability of Valdez and Kyle Tucker, general manager Dana Brown said he was willing to “listen on all the players.” That proved a precursor for the Tucker blockbuster, which dropped a few days later and subsequently lessened the financial pressure for the Astros to move Valdez. After the Tucker deal, Brown said that he didn’t anticipate trading Valdez but would continue listening to offers.

There could be semantics at play. Few players around the league are truly untouchable. There’s presumably some point at which an offer would compel them to consider moving Valdez. For now, however, it seems they’re unwilling to do so. The two-time All-Star is set to return to the top of a rotation that’ll also include Hunter Brown, Ronel Blanco and likely Spencer Arrighetti. Righties Luis Garcia and Lance McCullers Jr. could be back by Opening Day, while J.P. France could return midseason. Hayden Wesneski, acquired in the Tucker trade, can compete for a rotation or multi-inning relief role.

MLBTR contributor Matt Swartz projects Valdez for a $17.8MM salary during his final arbitration season. Brown said last week that there’d been no recent extension talks. The southpaw is trending towards walking in free agency on a nine-figure deal. While Houston didn’t want that to happen with Tucker, they were content to allow George Springer and Carlos Correa to depart as free agents. Alex Bregman could follow suit. They’d recoup a draft choice if Valdez walks after declining a qualifying offer, which he’d surely do if he enjoys a 2025 season that’s in line with his lofty standards. That’s less valuable than what they’d receive in trade, but they’re weighing that against the desire to win the AL West again in 2025.

Brown expressed optimism that the Astros would be able to take the division even if they traded one of Tucker or Valdez. The return package reflected that balance. Cam Smith immediately became the top prospect in a weak farm system, while Isaac Paredes and Wesneski jump right onto the MLB roster.

Valdez is coming off a 2.91 ERA showing across 176 1/3 innings. That marked his fourth consecutive year with an ERA south of 3.50. Valdez has finished in the top 10 in Cy Young voting for three seasons running. He has topped 175 frames in each of those years.

Blue Jays Had Shown Interest In Cody Bellinger

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After weeks of discussion between the Cubs and Yankees, Cody Bellinger landed in the Bronx. Before that was finalized, the Mariners and Astros were among the teams that had been loosely tied to the former MVP in trade rumors.

Jon Heyman of the New York Post reported just after the Bellinger trade that the Blue Jays had also been involved in talks with Chicago. It looks as if Toronto ended as the runner-up. Yankees general manager Brian Cashman told reporters this afternoon that the Cubs had narrowed it down to two teams and decided they would pull the trigger on an offer by Tuesday (relayed by Bryan Hoch of MLB.com). “If we didn’t pull him down, he would’ve been off the board,” Cashman added. While the GM declined to identify the other team, reading between the lines makes it seem that the Jays finished in second.

Toronto has had longstanding interest in Bellinger. They were involved in his free agent bidding in each of the last two winters. In both cases, they watched him sign with Chicago instead. This time around, he’s headed to a divisional competitor. The Yankees sent depth starter Cody Poteet to the Cubs in a one-for-one swap. Toronto could certainly have made a more compelling offer in terms of prospect talent, but it seems they didn’t want to match the Yankees financially.

New York agreed to assume $47.5MM of the $52.5MM remaining on Bellinger’s contract. There haven’t been any details about how much Toronto would’ve been willing to commit. The Cubs’ biggest goal was shedding as much of the deal as possible. Bellinger looked like the odd man out in Chicago even before they acquired Kyle Tucker. That blockbuster trade made a Bellinger move inevitable.

The Jays have taken on big money in one trade this offseason. They absorbed the remaining five years and $96.5MM on the Andrés Giménez contract in their Winter Meetings deal with the Guardians. While Toronto has been tied to almost every free agent of note, their only MLB signing thus far is a two-year deal to reunite with middle reliever Yimi García.

Outfield remains a clear weakness. George Springer is coming off a .220/.303/.371 showing in his age-34 season. Daulton Varsho is expected to begin the season on the injured list after undergoing a rotator cuff repair in his right shoulder. He’ll be the everyday center fielder upon his return. Varsho is one of the game’s best defenders, but he’s been a roughly league average hitter when healthy. Any lingering effects from the shoulder issue could push him toward the bottom third of the lineup. Their in-house options to play left field (e.g. Joey Loperfido, Davis Schneider, Steward Berroa, Jonatan Clase) have limited MLB experience.

The Jays need at least one everyday outfielder. There’s an argument that they need to acquire regulars in both corners to push Springer into a limited role. Anthony Santander and Teoscar Hernández are the biggest remaining bats in the free agent outfield class. Both players declined qualifying offers. Jurickson Profar, who did not receive the QO, is coming off a fantastic season. Max Kepler, Jesse Winker and Austin Hays are among potential rebound candidates.

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