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The Padres Need To Make A Decision On Luis Campusano

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Is Luis Campusano a part of the Padres’ future? President of baseball operations A.J. Preller says he is. “He’s going to be in our mix next year, for sure,” Preller said last month, per Jeff Sanders of the San Diego Union-Tribune. “I’m hoping his experiences this year are going to help him overall as a player.”

Those words don’t align with the club’s actions, as they haven’t shown much faith in him. Campusano was a top 100 prospect a few years ago. He got cups of coffee from 2020 to 2022, never topping 16 games played in any of those seasons. He was called up late in 2020 and didn’t use an option that year, but he burned two of his three options in the following seasons.

In 2023, he was up with the big league club all year but spent a lot of time on the injured list. He was only healthy enough to play in 49 games but put up a huge .319/.356/.491 line and 133 wRC+ in that sample. His defensive grades weren’t great but that offense was certainly enticing. His .331 batting average on balls in play was on the high side but he also had a small 12.1% strikeout rate, meaning he put the ball in play a lot.

The following season was a disappointment, however. He got into 91 games, his biggest sample of big league work to date. His batted ball luck flipped the other way, as his BABIP dropped to .240. That wasn’t just luck as his average exit velocity, barrel rate and hard hit rate all dropped compared to the prior season. He finished the year with a .227/.281/.361 line and 83 wRC+. That kind of offense would have been passable for a glove-first backstop but Campusano was not that. He had a fielding run value of minus-13 and was also credited with minus-17 Defensive Runs Saved, making him one of the worst defensive catchers in the majors that year.

That performance understandably led to a reduction in playing time but he stayed on the roster for a while as Kyle Higashioka and Elias Díaz handled the catching duties. The Padres optioned Campusano to the minors on September 11th, which was seemingly not a coincidence. A player doesn’t burn an option year unless he spends at least 20 days on optional assignment. When the Friars sent Campusano down last year, there were 19 days left on the schedule.

That left Campusano still with one option remaining going into 2025 and they seemed determined to use it. They re-signed Díaz and also signed Martín Maldonado to be the catchers at the big league level. Campusano was optioned to the minors to start the year.

Seemingly, the plan was for Campusano to be honing his craft with Triple-A El Paso but the Padres also made some curious decisions in that context. He was recalled in early May as the Padres had some injuries, not to any of their catchers, but he was optioned back down three days later. He was recalled again in late May and was up with the club for three weeks but only got into six games with 14 plate appearances before getting optioned back down in the middle of June. He was recalled again for a couple of days in July when Gavin Sheets went on the paternity list, getting optioned back down a couple of days later.

Ahead of the deadline, the Padres acquired Freddy Fermin from the Royals. Maldonado was designated for assignment, leaving the Friars with Fermin and Díaz for the stretch run. They re-signed Maldonado to a minor league deal at the end of August. At the end of September, Díaz seemed to be banged up with an oblique injury and he was excluded from the club’s Wild Card roster. Campusano was called up but the club also selected Maldonado back to the roster, giving them three backstops for their series against the Cubs. Fermin got all the playing time behind the plate in that series.

All of this happened while Campusano crushed Triple-A pitching in 2025. He was aided by a .370 BABIP but his 15.2% walk rate and 17.3% strikeout rate were both great figures. He hit 25 home runs in 475 plate appearances. Even in the context of the hitter-friendly Pacific Coast League, his .336/.441/.595 line translated to a 148 wRC+.

Despite those monstrous numbers, the Padres mostly kept him in El Paso. When they did call him up, he hardly played. They didn’t put him behind the plate in the big leagues at any point this year. They kept rolling with Díaz, Fermin and Maldonado despite none of those three guys hitting. Maldonado, in fact, has been one of the worst hitters in the majors throughout much of his career.

Both Díaz and Maldonado reached free agency at the end of the 2025 season, with Maldonado announcing his retirement shortly thereafter. That leaves Fermin and Campusano as the two catchers on the 40-man roster. Ethan Salas is one of the club’s top prospects but he is only 19 years old and has barely played above High-A. He may be the future but a promotion in 2026 would be ambitious.

Campusano is now 27 years old and out of options, meaning he can’t be easily sent down to El Paso any longer. He actually qualified for arbitration a year ago as a Super Two player, so the Friars paid him $1MM in 2025. Since he hardly played in the majors this year, MLBTR contributor Matt Swartz projects him to make the same salary in 2026. Friday is the non-tender deadline, giving the Padres a few more days to decide whether or not to tender him a contract again.

The Padres clearly didn’t trust Campusano to be a big league catcher in 2025. They didn’t put him back there at any point and opted for light-hitting veterans instead. They presumably were still hoping to make him a long-term catcher, as they played him there in Triple-A, along with some time at first base. However, they also interrupted his Triple-A routine with sporadic call-ups that featured little playing time. If they were committed to having him maximize his glovework in 2025, then those recalls stand out as odd choices.

If Campusano does survive the winter and comes into camp with the Padres in 2026, is he the backup catcher? If he’s going to be more in the first base/DH mix, they probably would need to add a veteran backstop, which is less than ideal roster construction. Also, even veterans without much upside cost a few million. They had to give Díaz a $3.5MM guarantee last offseason, for instance. That’s not much in baseball terms but it’s notable for a club with ongoing payroll concerns.

There’s an argument for trading Campusano. A rebuilding club without a clear solution behind the plate, such as the Nationals or Twins, could take him on. One of those clubs could let Campusano have some run at the catcher position to see what happens. However, they’re not likely to give up much for a such a flier.

The Padres could tender Campusano a contract and then try to run him through waivers. Since he has at least three years of service time, he has the right to reject outright assignments in favor of electing free agency. However, since he has less than five years of service, he would have to walk away from his remaining salary commitments in order to exercise that right. In the scenario where he has been tendered a contract and is slated to make about $1MM in 2026, he would presumably accept, allowing the Padres to keep him as non-roster depth. However, given his track record and three remaining years of club control, it’s no guarantee he would clear.

Put it all together and the Padres should seemingly pick a lane. If one takes Preller at his word, they already have. With a tight budget and question marks in the rotation, perhaps they will stick with Campusano and find a role for him. But they just finished a season during which they didn’t trust him to catch, despite needing clear upgrades there. Even when he was called up, he didn’t get a lot of at-bats. That doesn’t bode well for him serving as a bat-first bench piece, especially with teams usually preferring to have a bit of defensive versatility from their reserves.

If he gets squeezed off the roster, he’ll be destined for the trade block, the waiver wire or perhaps he’ll just be non-tendered later this week. If he does end up departing San Diego, he’ll be an interesting change-of-scenery candidate. Perhaps there will be some clarity on his status in the coming days.

Photo courtesy of Mark J. Rebilas, Imagn Images

Red Sox Likely To Tender Contract To Tanner Houck

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The Red Sox are planning to tender a contract to right-hander Tanner Houck, reports Chris Cotillo of MassLive. The club has until Friday evening to change its mind but it seems they are planning to keep Houck on the roster.

Friday at 7pm Central is the deadline for clubs to decide whether or not to tender contracts to pre-arbitration and arbitration-eligible players. Teams and players don’t need to decide on a salary by that date. They have until January 8th to file salary figures. But the team needs to make a decision by Friday as to whether they are committed to paying the player or not. If the player is still on the roster beyond the deadline, the team will have to eventually pay him something, with various outcomes still possible at that point. A non-tender on Friday allows the team to walk away without paying anything.

Houck is arguably a borderline case on account of his health. He just had Tommy John surgery in August. He will likely miss the entire 2026 season. He can be retained via arbitration through 2027, at which point he is slated for free agency.

With 2026 likely to be a recovery year for Houck, the decision is more about 2027. The Sox could pay him for the 2026 season, hoping that the investment pays off in the following year. That’s something that teams often do in free agency. Pitchers recovering from surgery often sign two-year pacts, with the signing team knowing that they are probably only going to get meaningful return on investment in the second year, while the player banks a bit of cash while recovering.

The Sox themselves did this last offseason, as they signed Patrick Sandoval to a two-year, $18.25MM deal. The lefty didn’t pitch for the Sox in 2025 but they will hopefully get something out of him next year. Other pitchers got similar deals recently. Shane Bieber got $26MM from the Guardians last winter, for instance, with an opt-out halfway through. A year earlier, Tyler Mahle got $22MM from the Rangers, with no opt-out. The Brewers gave Brandon Woodruff two years and $17.5MM when he was recovering from shoulder surgery.

Investing in Houck will cost less than that. He made $3.95MM in 2025, his first of three arbitration seasons. He only made nine starts in 2025 due to his arm issues but players going through arb usually see their salaries hold fairly steady when they miss significant time. MLBTR contributor Matt Swartz projects Houck for the same $3.95MM salary in 2026. If he stays on the roster and is tendered a contract for 2027 as well, he would likely end up in the same range again.

Essentially, tendering Houck a contract for the next two years will probably cost the Red Sox about $8MM total. They could also walk away after 2026 if he experiences some sort of setback, cutting their losses. The roughly $8MM would be less than half of what they paid to Sandoval and the guarantees of those other aforementioned deals. Houck doesn’t have the same track record as those guys but has shown plenty of potential, particularly in 2024 when he logged 178 2/3 innings with a 3.12 earned run average, 20.7% strikeout rate, 6.5% walk rate and 55.9% ground ball rate.

If the Sox were to non-tender Houck, it would probably suggest that they don’t expect him to fully return to that level in 2027, though there also could be other contributing factors. There’s no injured list in the offseason, so the Sox do have to keep Houck on the roster throughout the winter. Tomorrow is the deadline to add players to a 40-man roster to protect them from being selected in the Rule 5 draft. The Sox currently have a full 40-man and need to open some spots, assuming they want to add a few guys. Cotillo mentions the possibility of a lockout disrupting 2027, which could prevent the Sox from benefiting from Houck’s eventual return. However, front office still have to plan as though the season will be played, as there’s no certainty around the labor dispute right now.

The Sox currently have Garrett Crochet and Brayan Bello under club control through at least 2030. Other than that, there’s not a ton of certainty. Kutter Crawford has posted decent results and should be in the mix. He’s under club control through 2028. The aforementioned Sandoval is signed for just one more year. Guys like Connelly Early, Payton Tolle and Kyle Harrison are in the mix but still aren’t proven big leaguers. The Sox plan to add to the rotation this offseason but haven’t done so yet.

Even if a pitching staff looks good on paper, injuries are always inevitable, so it’s anyone’s guess what the depth will look like by the time Houck is back on a big league mound. He has also had some success as a reliever, so perhaps there’s a scenario where he gets pushed to the bullpen, especially if there are workload concerns in the coming years. Time will tell how it plays out but it appears the Sox would like the payoff to be with Houck pitching in Boston.

Photo courtesy of Rick Osentoski, Imagn Images

Bob Seymour To Sign With NPB’s Orix Buffaloes

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November 14: Seymour is in agreement with the Orix Buffaloes of Japan’s Nippon Professional Baseball, reports Francys Romero.

November 12: The Rays announced that first baseman Bob Seymour has been released to pursue an opportunity in Asia. No details were provided about which team or country he is heading to. He was already off the 40-man roster, as he was designated for assignment last week.

Seymour, 27, has spent his entire professional career with the Rays thus far. A 13th-round pick from the 2021 draft, he crushed homers throughout his minor league career but also struck out quite a bit. In 2024, he launched 28 long balls in 123 games, split between Double-A and Triple-A. He slashed .281/.351/.523 for a 139 wRC+ but was also punched out in 30.6% of his plate appearances. In 2025, he hit 30 homers in just 105 Triple-A games. He had a .263/.327/.553 line and 122 wRC+ while striking out at a 25.7% pace.

He got called up in mid-August and spent about the final six weeks of the season in the big leagues. He stepped to the plate 83 times but struck out in 32 of those, a 38.6% pace, leading to a rough .205/.253/.282 line.

Despite the obvious power, Seymour has never really ranked as a notable prospect. He only plays first base and doesn’t have wheels, which means he has to hit to provide value. Given how often he strikes out, it was going to be hard for him to be a viable big league bat.

He still has a full slate of options. Even if he were claimed off waivers after being designated for assignment this week, he was likely destined for another year of riding the bus in Triple-A. Instead, he’ll head overseas somewhere, presumably for a bigger paycheck and a better opportunity. If he finds success wherever he is going, perhaps he will return to North America someday.

Photo courtesy of Darren Yamashita, Imagn Images

Reds, Tejay Antone Agree To Minor League Deal

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The Reds and right-hander Tejay Antone have agreed to a minor league deal, reports Mark Sheldon of MLB.com. Presumably, the righty will receive an invite to big league camp when the deal is made official.

Antone, 32 in December, was establishing himself as a key piece of the Cincinnati bullpen a few years ago. Over 2020 and 2021, he tossed 69 innings with a 2.48 earned run average. His 10.8% walk rate was on the high side but he struck out 32.3% of batters faced and got grounders on 48% of balls in play.

Unfortunately, his career has been derailed by a number of injuries. He underwent Tommy John surgery in August of 2021. That was actually the second such procedure of his career, the first coming back in 2017 when he was in the minors. The second surgery wiped out his entire 2022 season. In 2023, a flexor strain in spring training set him back. He didn’t get back on a big league mound until September. He made five appearances before going back on the IL due to elbow discomfort. In 2024, he made four appearances early in the season before being bit by the injury bug again. He tore a tendon off his bone and suffered a ligament tear, requiring surgery.

Antone spent the rest of 2024 on the injured list. At the end of the season, he was outrighted off the 40-man roster. He was still with the Reds in 2025, but in a non-roster capacity, beginning the season on the minor league injured list. He eventually got healthy enough to make 15 appearances in August and September, logging 15 innings. He allowed 17 earned runs on 23 hits, nine walks and five hit-by-pitches while striking out 15 opponents.

The righty became a free agent at season’s end but he and the Reds have quickly reunited. His numbers in 2025 weren’t good but it was a small sample of work and some rust is understandable after multiple surgeries and so much missed time. For the Reds, there’s no harm in bringing him back on this non-roster deal to see if he can find a new gear as he gets further removed from his most recent surgery.

Photo courtesy of David Kohl, Imagn Images

Latest On Red Sox’ Pursuits

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The Red Sox are considering adding a high-leverage reliever to bolster their bullpen, according to reporting from Ken Rosenthal, Will Sammon and Katie Woo of The Athletic. That aligns with recent reporting from Sammon that the Sox are interesting in Devin Williams. Chief baseball officer Craig Breslow acknowledged this possibility, per Alex Speier of The Boston Globe, but maintained that the rotation is a bigger priority.

“We can do a better job of preventing other teams from scoring. There are a bunch of different ways to do that. We’ll be open-minded about all of them,” said Breslow. “The most straightforward is building out a better starting rotation. I’ve talked a bunch about that. Another way is to continue to improve our infield defense, and another is to make sure that when our starters hand the ball to our relievers, any leads that we have we’re preserving. So, I think we’ll look at it from all angles, but I think our priority remains starting pitching and position players.”

The Sox had one of the best bullpens in baseball in 2025. Their collective 3.41 earned run average was second only to the Padres. A lot of that was thanks to Aroldis Chapman being almost unhittable but they also got good results from guys like Garrett Whitlock, Greg Weissert and Brennan Bernardino, who are all slated to be back in 2025. Per The Athletic, the idea would be to add to an area of the roster that is already a strength to create a super bullpen, while keeping Chapman in the closer’s role.

That is one way they could go but Breslow has been pretty open about his desire to target a front-of-rotation arm and a middle-of-the-order bat. As with any baseball executive, it’s possible there’s some gamesmanship at play, but the rotation and the lineup are logical targets for Boston. Their rotation has a clearcut ace in Garrett Crochet but the other options are either uninspiring or unproven. The lineup has a lot of talent but they lost Rafael Devers and Alex Bregman in the past few months, so adding another bopper makes sense.

A baseball offseason can be unpredictable, so it’s understandable that Breslow would be open to pivoting as things change, but it’s probably fair to expect bullpen to be a lesser priority. Dylan Cease, Framber Valdez, Tatsuya Imai, Ranger Suárez, Michael King and Brandon Woodruff are some of the notable starters out there in free agency. MacKenzie Gore, Sonny Gray and Brady Singer could be available on the trade market. Bregman, Pete Alonso, Kyle Schwarber, Munetaka Murakami and Eugenio Suárez are some of the big free agent bats, with Taylor Ward and Adolis García some of the speculative trade candidates.

If the Sox eventually decide they do want to make a splash on the bullpen, they likely wouldn’t go after Edwin Díaz, with Chapman already in the closer’s role. Other notable free agent relievers include Williams, Ryan Helsley, Brad Keller, Robert Suarez, Raisel Iglesias, Kyle Finnegan, Luke Weaver, Tyler Rogers, Seranthony Domínguez and Pete Fairbanks. Some of the notable trade candidates include JoJo Romero, Jose A. Ferrer and Victor Vodnik.

RosterResource projects the club for a payroll of $180MM next year, with a competitive balance tax number of $216MM. They finished last year with a $207MM payroll and $245MM CBT number. Assuming they plan on spending at a similar level in 2026, they have a little more than $20MM in wiggle room but it’s possible their postseason finish in 2025 prompts them to take things up a notch.

Photo courtesy of Jerome Miron, Imagn Images

Edgar Quero Drawing Trade Interest From Multiple Teams

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White Sox catcher Edgar Quero is drawing trade interest from multiple teams, reports Francys Romero of BeisbolFR. Romero notes that the Sox would have a high asking price. That aligns with recent comments from White Sox general manager Chris Getz. Per James Fegan of Sox Machine, Getz pushed back on the idea that now was the time to trade a catcher. “Is that time now? I don’t think so. I don’t,” Getz said. “But down the road, you never know.”

The Sox came into 2025 with two notable catching prospects in Quero and Kyle Teel. Both were generally considered top 100 guys by prospect evaluators. Both debuted in 2025. Teel had a better season but he’s a year older.

Quero got into 111 games and stepped to the plate 403 times, producing a .268/.333/.356 line. That led to a 95 wRC+, which indicates he was 5% less productive than the average big league hitter. Catchers are usually about 10% worse than par, so Quero’s production was actually decent for the position. However, outlets like FanGraphs, Statcast and Baseball Prospectus all panned his glovework, particularly his framing.

Teel, meanwhile, got into 78 games with 297 plate appearances. He slashed .273/.375/.411 for a 125 wRC+. His defensive grades weren’t elite but he was often considered to be close to average, give or take.

The Sox also have Korey Lee on the roster. He wasn’t the same level of prospect as Teel or Quero but he was a 32nd overall pick of the Astros back in 2019. He hasn’t clicked in the majors yet, with a .193/.234/.321 batting line and poor defense to boot.

The Sox don’t have to make a trade now, though it does feel as though one is inevitable in the long term. Most clubs have two catchers sharing the catching duties these days. The Sox could certainly do that with Teel and Quero for the time being.

The designated hitter slot can also allow them to get both into the lineup fairly regularly, as they continue to develop as major leaguers. The Sox don’t have a full-time DH, though they might want to have their veteran outfielders in there from time to time. Luis Robert Jr., Andrew Benintendi and Mike Tauchman are all trade candidates and it would be good to keep them fresh and productive for trade possibilities, especially given Robert’s injury history. It’s also possible the roster is changed in the offseason via a trade of one of those three or perhaps even a non-tender of Tauchman.

At some point, a trade should be a real consideration, however. Even if Quero is the 1B catcher behind 1A Teel, other clubs might view him as a viable 1A option. The Sox could trade Quero to bolster another part of the roster, then use Lee or sign some veteran to back up Teel. It’s also theoretically possible that Quero surpasses Teel as the top option in Chicago and the inverse becomes a possibility, though as Fegan mentions, the Sox are probably committed to Teel since they made him such a key piece of the Garrett Crochet trade.

From the perspective of the Sox, there shouldn’t be urgency. The 2025 White Sox showed some progress relative to the 2024 squad, but that’s not saying much. Even the improved 2025 group still lost 102 games. The end of the rebuild is not imminent. This year’s free agent crop of catchers isn’t especially strong, which could tempt them to put Quero out there, but next year’s class doesn’t appear to be much better.

The Sox can continue using their big league playing time to focus on development. Unless they are bowled over by an offer, that can include Quero. As mentioned by Fegan, the Sox don’t feel Quero has reached his potential yet. Some signs of progress in the next year or two would only increase his trade value. By that time, the Sox might also have a better idea of which parts of the roster they need to target in the trade return, in order to best forge a path for future success.

Lee is out of options now, so he may have a hard time sticking around, though there is an argument for keeping him on the bench. As mentioned, the Sox may use the DH spot to have both Teel and Quero in the lineup regularly. If they indeed plan to do that, they could perhaps keep Lee around as a classic backup catcher who is ready to jump in if one of the other two suffers an injury.

Photo courtesy of Jesse Johnson, Imagn Images

Blue Jays Targeting High-Leverage Relievers

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The Blue Jays are targeting high-leverage relievers, reports Mitch Bannon of The Athletic. Free agent Edwin Díaz appears to be one possibility, according to Ken Rosenthal of The Athletic. Rosenthal frames the Jays as the main threat to poach Díaz from the Mets. Rosenthal reports that the Jays recently met with Díaz’s representatives from Wasserman, though he also notes that may not mean anything since everyone meets with everyone at this time of year. Jeff Jones of The Belleville News-Democrat reports that the Jays were interested in Ryan Helsley ahead of the deadline. He is now a free agent and could be a target as well. The Jays were also connected to Pete Fairbanks earlier this week.

The Jays have seemingly been casting a wide net early in the offseason, having been connected to all kinds of different pursuits. The bullpen is one thing on their list and it’s a sensible one. The Jays had a middling relief group in 2025. Toronto relievers had a collective 3.98 earned run average, which was 16th out of the 30 big league clubs. Closer Jeff Hoffman had a 4.37 ERA for the year. He dominated through most of the playoffs but then surrendered the big Miguel Rojas home run when the Jays were two outs away from a title.

Last week, general manager Ross Atkins said that Hoffman would be open to moving to a different role if the Jays found another closer. It seems the Jays are indeed considering that. Díaz is one of the best closers in the game today. He already has 253 saves under his belt. He just wrapped up a season in which he had 1.63 ERA, 38% strikeout rate, 8% walk rate and 48.4% ground ball rate.

He has been with the Mets since 2019 and it might be assumed by some that he will end up back in Queens. He was approaching free agency three years ago but signed a five-year, $102MM deal to stay with the Mets just days before he was set to hit the open market. That deal contained an opt-out after three years, which Díaz triggered. He is now a free agent for the first time.

The Mets could certainly re-sign him but it doesn’t seem to be a fait accompli. Díaz himself said this week he has been talking with the Mets but put the odds of a return at 50/50, per Laura Albanese of Newsday. “If they came with the best deal for me, I’d enjoy to stay with them,” Díaz said, “but at the end of the day, I don’t know what they’re thinking.”

Díaz is still quite a good reliever but he is three years older than when he signed his previous deal. MLBTR predicted him to secure a four-year, $82MM pact this time around, a similar average annual value but on a shorter commitment since he’ll turn 32 years old in a few months. Díaz appears to be setting his sights a bit higher than that. Earlier this week, reporting from Rosenthal and Will Sammon of The Athletic indicated he is looking for roughly the same kind of deal he got last time. Bob Nightengale of USA Today echoed that this week, reporting that Díaz is looking for at least $100MM over five years.

That would be a notable expenditure for any club. As shown in MLBTR’s Contract Tracker, the $102MM guarantee from the previous Díaz deal is still the record for a reliever. The $20.4MM AAV is also top of the list, apart from swingman Nick Martinez accepting a $21.1MM qualifying offer from the Reds a year ago.

Whether the Jays would be willing to do that remains to be seen. They’ve never given a reliever more than the three years and $33MM they gave to Hoffman a year ago. They might have to triple that to land Díaz. Perhaps getting so close to a World Series will push them there, both because the bullpen let the last game slip away and because they presumably raked in a bunch of extra money from the deep playoff run.

RosterResource projects the Jays for a $235MM payroll next year, more than $20MM shy of their year-end figure in 2025. It’s unknown how high they are willing to go in the wake of their 2025 run. Presumably, there is a limit somewhere and they will have to balance their desire for Díaz against pursuits of Bo Bichette, Kyle Tucker, starting pitching and so on. Díaz also rejected a qualifying offer. Since the Jays paid the competitive balance tax in 2025, signing a player tied to a QO means they would have to forfeit two draft picks and international bonus pool space.

The Mets have been operating with very few payroll limits in recent years but David Stearns has shown a measured approach to building his pitching staff since taking the president of baseball operations job. Despite having Steve Cohen’s seemingly boundless resources, he hasn’t given a pitcher a deal longer than three years yet. The bullpen has mostly been built with one-year deals. A.J. Minter got two years with an opt-out in the middle, though his lack of health in 2025 means he will be coming back for that second year.

Some may speculate that Cohen would just override Stearns and bring back Díaz as a fan favorite. Rosenthal downplays this notion is his column, linked above, referring back to the 50/50 comments from Díaz.

Turning back to the Jays, they could also shop in a different aisle. As mentioned, they have been connected to Fairbanks, who will be far cheaper than Díaz. That’s also true of Helsley, who has a strong track record but is coming off a poor platform season.

From 2022 to 2024, Helsley tossed 167 2/3 innings with a 1.83 ERA, 34.6% strikeout rate and 9.2% walk rate. In 2025, his ERA jumped to 4.50 as his strikeout rate fell to 25%. He was especially bad after getting traded from the Cardinals to the Mets at the deadline, with a 7.20 ERA after that swap.

That obviously puts a big dent in his earning power but he should still get interest as a bounceback candidate. Plenty of clubs would be happy to try him on a one-year deal with the hope that 2025 was a blip. He might also have enough juice for two years with an opt-out. MLBTR went the latter route, predicting him for a two-year, $24MM guarantee.

There’s no denying the trend lines aren’t good. Helsley’s strikeout rate has gone from 39.3% in 2022 to 35.6%, 29.7% and 25% in the most recent seasons. But he still averaged 99.3 miles per hour on his fastball this year, a tiny drop from his peak of 99.7 mph in in 2023. He may have been tipping his pitches and he also surrendered a fairly high .342 batting average on balls in play. His 14.5% home run to fly ball ratio was far worse than previous seasons. Part of that was him getting hit harder than before but some teams may feel he could be back to his old self with a tweak or two.

If the Jays circle back to Helsley, that would be a far different addition than Díaz. Díaz is about as rock-solid as a closer gets these days and would immediately supplant Hoffman as the top guy in the bullpen. Helsley would be a lower-cost flier and would surely start lower in the pecking order before having to earn his way up. How the Jays play it will presumably depend on the other market factors and how things play out with the other things on their to-do list.

Photo courtesy of Brad Penner, Imagn Images

Kris Bubic Drawing Trade Interest From Multiple Clubs

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Royals left-hander Kris Bubic is drawing interest from multiple unspecified clubs, reports Will Sammon of The Athletic. Perhaps just as importantly, Sammon also notes that the Royals are open to the possibility of moving the southpaw.

Bubic, 28, didn’t find much success in his first few major league seasons. Early in 2023, he added a slider and seemed to be on the cusp of a breakout, but that lasted just three starts before he required Tommy John surgery.

He missed the remainder of that campaign and worked out of the bullpen when he returned in 2024, but with great success. He gave the Royals 30 1/3 innings with a 2.67 earned run average. His 32.2% strikeout rate, 4.1% walk rate and 56.2% ground ball rate were all excellent figures. He posted a 1.93 ERA over four postseason appearances as well.

The Royals stretched him back out in 2025. He wasn’t quite as dominant as he was as a reliever in 2024, but his results were still quite good. He logged 116 1/3 innings over 20 starts with a 2.55 ERA, 24.4% strikeout rate, 8.2% walk rate and 47.2% ground ball rate. A rotator cuff strain put him on the injured list at the end of July and he missed the final two months of the season. At the time of that injury, it was reported that he would not require surgery and would have a normal offseason. According to the MLB.com injury tracker, he was recently cleared to resume throwing.

Thanks to the slow start to his career and injury absences, his track record of success isn’t massive, but he has shown very intriguing flashes of upside. His winding journey also means that he is now just a year away from free agency and projected by MLBTR contributor Matt Swartz for a $6MM salary. That’s quite modest by modern pitching standards, especially compared to what the top free agents are likely to get this winter. For instance, the top pitcher on MLBTR’s Top 50 Free Agents list was Dylan Cease. He was projected for $189MM over seven years, or $27MM annually.

The Royals are looking to bolster their offense, particularly in the outfield and at second base. However, they probably don’t have a lot of financial wiggle room. They aren’t usually huge spenders and owner John Sherman recently stated that the payroll would probably stay fairly flat compared to 2025. RosterResource currently projects them for a $142MM payroll in 2026, a tad higher than the $138MM they had at the end of 2025.

Trading some pitching is probably the club’s best path for adding offense. Their projected rotation currently includes Bubic, Cole Ragans, Seth Lugo, Michael Wacha, Noah Cameron, Stephen Kolek, Ryan Bergert, Luinder Avila, Ben Kudrna and others. Sammon reports Ragans is not likely to be available. That’s not surprising since he’s controlled for another three seasons. Even if the Royals were motivated to move him, now wouldn’t be a good time since he’s coming off a poor and injury-marred season. Wacha and Lugo have recently inked extensions, with each signed through 2027 with club options for 2028.

That leaves the most likely trade candidates as Bubic or one of the younger and more controllable arms. The Royals may consider moving one of the other guys but they are cheap and have options, making them valuable pieces for a club without huge payroll capacity. Bubic’s value will be somewhat capped by the fact that he only has the one year of control and some spotty health on his track record. However, the salary is attractive for other clubs and could allow the Royals to save a bit of cash to use on other pursuits.

As Sammon points out, another thing working in the club’s favor is that a lot of other pitchers with upside are seemingly unavailable. Recent reports have downplayed the trade possibilities on guys like Tarik Skubal, Paul Skenes, Hunter Greene, Freddy Peralta, Joe Ryan and Pablo López. It’s probably still fair to expect guys like MacKenzie Gore, Sonny Gray and others to be out there but every name that comes off the board gives the Royals a bit more leverage.

Since Bubic is only controlled for one more season, he should only draw interest from clubs planning to contend in 2026. That may make it a challenge for the Royals to line up a deal, as those clubs probably don’t want to meaningfully subtract from their big league rosters. It’s not impossible, however, as clubs like the Angels and Red Sox have designs on contending, have a need for pitching but also have too many corner outfielders.

If the Royals can’t line up a classic “baseball trade” in that fashion, they could always flip Bubic for prospects. That could increase their ability to trade prospects for an impact bat or two, either by moving the prospects they just acquired or guys they already had who have become more expendable by the new arrivals.

Presumably, the Royals are currently evaluating all sorts of scenarios. As mentioned, they could move a cheaper and more controllable arm such as Cameron, Bergert, Kolek or others in that camp, but Bubic is an intriguing upside play for contending clubs. There’s risk with the recent injuries but Bubic is far cheaper than the options available in free agency and doesn’t require a long-term commitment. It’s also possible that he ends up recouping a draft pick down the line, if he stays healthy and pitches well enough in 2026 to justify a qualifying offer at season’s end.

Photo courtesy of Sam Navarro, Imagn Images

Yankees Notes: Chisholm, Lombard, Rice

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Yankees infielder Jazz Chisholm Jr. is one year away from free agency. He has expressed his desire to stay with the club via an extension. However, general manager Brian Cashman told Brendan Kuty of The Athletic at the general managers meetings this week that he has yet to approach Chisholm’s reps about extension talks.

“Not sure how that would play out,” Cashman said. “But we have not had any conversations outside of he’s looking forward to playing next year, he loves playing here, and, if we’re open (to), if you want to have a legitimate conversation about value, (he’s) open to a longer-term conversation as well.”

The Yankees don’t do many extensions in general. According to MLBTR’s Contract Tracker, which has data going back to the start of 2006, the Yankees have done six extensions in that almost-20-year time frame. There have been none since 2019, when they did three deals for Luis Severino, Aaron Hicks and Aroldis Chapman. None of those three deals worked out especially well for the club, so it’s perhaps not surprising that they haven’t gone back to that well.

Chisholm is coming off a good season. His 27.9% strikeout rate was on the high side but he increased his walk rate to 10.9%, the best of his career. He also hit 31 home runs and stole 31 bases. His .242/.332/.481 batting line translated to a 126 wRC+. His third base defense wasn’t strong but the Yankees acquired Ryan McMahon and moved Chisholm to second, where he graded out better. Put it all together and FanGraphs credited him with 4.4 wins above replacement.

It’s possible the Yankees are content to let Chisholm play his final arbitration season, with MLBTR contributor Matt Swartz projecting a $10.2MM salary, and then let him walk. Assuming he has another season like he did in 2025, he would easily turn down a qualifying offer in search of a strong multi-year pact beginning with his age-29 season.

By that time, it’s possible that prospect George Lombard Jr. has arrived and pushed his way into the middle infield conversation. Lombard, 21 in June, was the club’s first-round pick in 2023. He has been climbing the minor league ladder and reached Double-A in May. He got into 108 games at that level this year and should reach Triple-A in 2026, maybe even right out of camp. He only hit eight home runs and had just a .215 batting average at that level, but he drew walks at a strong 13.6% clip. His .215/.337/.358 line translated to a 111 wRC+.

Though that offense isn’t overwhelming, Lombard was young for the level. He’s still regarded by most outlets as one of the top 50 prospects in the league. His defense is considered strong enough for him to stick at shortstop. Per Kuty, Cashman said this week that Lombard could reach the majors in 2026 but 2027 is more likely. “Defensively, he’s ready to go,” the GM said. “And offensively, it looks like he needs more time, and we’re looking to drive that time and those reps. So I wouldn’t think ’26 is on the horizon, but I wouldn’t (rule out) ’26 at the same time.”

The Yankees can control Anthony Volpe via arbitration through 2028 and José Caballero through 2029. Perhaps they feel that Chisholm’s departure and Lombard’s arrival can sync up fairly nicely so that the middle infield can be addressed internally, allowing them to commit their resources towards pitching or the outfield. Then again, it’s also possible they could circle back to Chisholm later, especially with the uncertainty surrounding Volpe’s shoulder injury and poor performance in 2025. The most common time for extension talks is in the spring, after a club has spent the offseason focusing on external additions.

As for Ben Rice, his fit isn’t locked down but he’ll be in there one way or another. As relayed by Gary Phillips of the New York Daily News, Cashman didn’t firmly declare whether Rice would be catching or at first base, but he said first base was more likely. One way or another, Cashman confirmed he would be be an everyday player.

That’s not surprising, as Rice hit 26 home runs this year, helping him produce a .255/.337/.499 slash line and 133 wRC+. He did a bit of catching but spent more time at first. With Paul Goldschmidt now a free agent, it’s possible Rice could just take up that spot on an everyday basis. Like most lefty hitters, he was better against righties in 2025, but his work against southpaws was passable. His batting average wasn’t great in the split but he hit seven homers in 119 plate appearances without the platoon advantage, leading to a .208/.271/.481 slash and 104 wRC+.

Phillips also notes that Cashman spoke of a desire to add a catcher who swings from the right side, since each of Austin Wells, Rice and J.C. Escarra are lefty bats. Cashman described the market as “very thin” but there are righty bats out there. J.T. Realmuto is too good for a short-side platoon job and the same is likely true of Victor Caratini, but guys like Danny Jansen, James McCann, Luke Maile, Mitch Garver and old friend Gary Sánchez are available.

Photo courtesy of Albert Cesare, Imagn Images

Braves Claim Carson Ragsdale, Josh Walker

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The Braves have claimed left-hander Josh Walker and right-hander Carson Ragsdale off waivers from the Orioles, according to announcements from both clubs. Both pitchers were designated for assignment by Baltimore a week ago. Atlanta’s 40-man roster count goes from 35 to 37.

This is the second time Atlanta has grabbed Ragsdale from the waiver wire. The first came in the middle of September, but the O’s claimed him back about a week later. Ragsdale, 28 in May, just made his major league debut in 2025. He made two appearances for the O’s, allowing eight earned runs in five innings. That is obviously a small and unimpressive sample, so Atlanta is presumably putting more stock in his minor league track record.

Prior to 2025, Ragsdale had been in the Giants’ system. He generally flashed a high-strikeout and high-walk profile. From 2021 to 2024, he logged 267 2/3 minor league innings with a 4.07 earned run average. He struck out 32.1% of batters faced while giving out walks 9.8% of the time.

The Giants put him on their 40-man roster in November of 2024 to keep him out of the Rule 5 draft. His results backed up this year, so they designated him for assignment at the end of July. That led him to Baltimore, Atlanta and then Baltimore again via the waiver wire. He finished 2025 having thrown 89 2/3 Triple-A innings with a 5.22 ERA, 19.5% strikeout rate and 12.2% walk rate.

It obviously wasn’t a good year but Ragsdale is not too far removed from being a notable prospect for the Giants. Going into 2025, Baseball America ranked him #17 in the system while FanGraphs had him at #11. He still has a couple of options, so Atlanta can keep him in Triple-A, either continuing his development as a starter or perhaps moving him to the bullpen.

Walker, 31 in December, is a straightforward lefty reliever. His major league track record isn’t especially long, with 26 appearances scattered over the past three seasons, pitching for the Mets and Blue Jays. He has a 6.59 ERA in 27 1/3 innings. His minor league work is intriguing, however. From 2022 to 2025, he tossed 131 2/3 innings on the farm with a 3.90 ERA. His 11.6% walk rate was certainly high but he also punched out 30.5% of batters faced in that time with a steady diet of grounders as well.

The southpaw bounced around the league in 2025, going from the Jays to the Phillies via a small trade and then to the Orioles via waivers. He exhausted his final option season along the way and is now out of options.

He still has less than a year of service time but the O’s signed him to a major league deal earlier this month. The salary figures weren’t reported but Walker is presumably going to be paid at a rate nominally above league minimum. The idea of the O’s agreeing to such a deal is that it would theoretically make it more likely that he passes through waivers unclaimed and sticks around as non-roster depth.

Atlanta prevented that from happening in this case. They had multiple open roster spots and used one of them to grab Walker. For now, he gives them another lefty relief option, alongside Aaron Bummer, Dylan Lee and others. However, it wouldn’t be surprising if Atlanta tries to pass Walker through waivers later, so that they are the ones who get to keep him as a depth option without him taking up a roster spot.

Photo courtesy of Kevin Sousa, Imagn Images

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