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Orioles Designate Cristian Pache For Assignment, Option Heston Kjerstad

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The Orioles announced a batch of roster moves today, activating three trade acquisitions. Outfielders Eloy Jiménez and Austin Slater as well as left-hander Trevor Rogers have now been added to the roster and the club also recalled infielder Liván Soto. One spot was opened by placing infielder Jordan Westburg on the 10-day injured list with a right hand fracture, a development that was reported yesterday. To open three more spots, they optioned left-hander Keegan Akin and outfielder Heston Kjerstad and designated outfielder Cristian Pache for assignment. Vinny Nittoli, who was designated for assignment last week, elected free agency rather than accept an outright assignment.

The Orioles engineered a surprising outfield shuffle in the week leading up to the deadline. It started with a notable subtraction, as Austin Hays was sent to the Phillies, bringing back reliever Seranthony Domínguez as well as Pache. The Baltimore roster is loaded with position player talent and the outfield still looked strong without Hays, consisting of Cedric Mullins, Colton Cowser, Anthony Santander and Kjerstad. Since Pache is more of a glove-first guy, he was likely ticketed for a bench role.

But in the final moments of the deadline, the O’s also acquired Jiménez from the White Sox and Slater from the Reds. Since Slater is generally considered to be a solid defender and hits lefties very well, perhaps they figured he was an upgrade on Pache for a bench outfielder role.

That would be an understandable position to take, as Pache has struggled to make an impact from the batter’s box. He was once considered one of the top 10 prospects in all of baseball during his time in Atlanta’s system since it was believed he had the ability to be an all-around contributor. While the speed and defense have been as advertised, his hitting has been abysmal. He has hit .181/.244/.274  in his first 546 major league plate appearances. He exhausted his final option season in 2022, a year in which he hit .248/.298/.389 for a 68 wRC+ at the Triple-A level.

But he has continued to find work due to his glove. In just over 1,300 innings in the outfield, he has racked up 12 Defensive Runs Saved and 16 Outs Above Average. Oakland acquired him from Atlanta as part of the Matt Olson trade but was flipped to the Phillies at the start of last year, with the Phils mostly keeping him on the bench since he is out of options and can’t be sent down to the minors without being exposed to waivers. The O’s seemed to have some interest in a similar role for him but perhaps decided to move on when Slater became available.

With the deadline now passed, the O’s won’t have the ability to trade Pache elsewhere. He will be freely available to all 29 clubs at some point in the coming days as Baltimore will have no choice but to put him on waivers. Perhaps another team will take a flier on him based on his past prospect pedigree and the solid floor provided by his glovework. Many clubs have roster openings in the wake of the deadline and could perhaps find room for him. As mentioned, he is out of options but is still in the pre-arbitration phase of his career. If he lands a roster spot somewhere, he can be retained via arbitration for three seasons after this one.

Kjerstad getting sent down is somewhat surprising in that he’s been performing well, but it’s also not surprising since it’s not the first time. This is actually going to be his third optional assignment of the year, as he was sent down just prior to Opening Day, recalled in late April and optioned again in the middle of May before being recalled again in late June. In 81 major league plate appearances, he has struck out 29.6% of the time but also drawn walks at an 11.1% rate and hit .261/.370/.420 for a wRC+ of 125.

Despite that strong performance, the club’s stockpile of talented position players has bumped him down to Norfolk yet again. It’s perhaps a bit perplexing to see him nudged out for guys like Jiménez and Slater, but the deadline was essentially the last chance to meaningfully add talent. The O’s took that chance even though it meant bumping a guy like Kjerstad into a depth role for the time being, and those new additions are likely looking at part-time roles anyway.

Slater has a .274/.364/.433 batting line and 122 wRC+ against lefties compared to a .226/.316/.334 line and 84 wRC+ against righties. Jiménez is having a rough season overall but is hitting .304/.360/.370 against southpaws this year for a wRC+ of 109. The two of them will likely be in short-side platoon roles, Jiménez helping to shield Ryan O’Hearn from lefties while Slater protects Mullins. O’Hearn has hit .259/.286/.296 for a 67 wRC+ this year with the platoon disadvantage while Mullins is at .141/.164/.211 for a wRC+ of 3.

Rather than have Kjerstad collecting dust on the bench, the O’s will have him get some regular work for the Tides again, at least until an injury changes the calculus down the line. Even if he doesn’t carve out a role with the big league club this year, he should have a better path in 2025 as Santander is slated for free agency. Jiménez has a $16.5MM club option but the O’s will probably go for the $3MM club option instead.

Jeter Downs Signs With NPB’s Fukuoka SoftBank Hawks

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Catching up on some news that was set aside during the trade deadline frenzy, the Yankees announced yesterday that infielder Jeter Downs was released and signed with the Fukuoka SoftBank Hawks in Japan’s Nippon Professional Baseball.

Downs, 26, wasn’t a Yankee for very long. He was claimed off waivers from the Nationals in December, with the Yankees then passing him through waivers unclaimed in January. He didn’t have the right to elect free agency at that time and has been in the Yankees’ system in a non-roster capacity since then.

He has been having a decent year at Triple-A. In 69 games for Scranton Wilkes-Barre, he hit 10 home runs and slashed .264/.360/.498 for a wRC+ of 117. He also stole 15 bases while bouncing between second base, third base and shortstop.

Despite those decent numbers, he never got called up to the majors even though the Yankees have had plenty of infield challenges. Players like Gleyber Torres, DJ LeMahieu and Oswaldo Cabrera have had disappointing seasons so far and Jon Berti has been on the injured list for most of the year. But the club never felt compelled to call upon Downs and eventually acquired Jazz Chisholm from the Marlins and plugged him onto their roster. Since he was fairly blocked from getting any playing time in the Bronx, he will instead go overseas to see if this opportunity will work out for him.

Downs was once a top 100 prospect during his time in the Dodgers’ system, before being traded to the Red Sox in the now-infamous 2020 deal that sent Mookie Betts and David Price to Los Angeles. He struggled to live up to the hype in the subsequent seasons, hitting .200/.309/.365 in the minors over the 2021-23 campaigns. He was only given brief looks in the majors, producing a line of .182/.260/.273 in 50 plate appearances. He went from the Red Sox to the Nationals on waivers in December of 2022 but then the Yankees got him off waivers a year later, as mentioned.

If he fares well in Japan, he could intrigue teams based his past. He hit .267/.359/.458 in the minors from 2017 to 2019, though mostly at the lower levels, with only 12 games above High-A in that time. But he has the former prospect pedigree and was performing well in Triple-A this year. A nice run with the Hawks could perhaps lead the way to a return to the majors down the line, especially since he’s still only 26 years old.

Cubs Reinstate, Option Caleb Kilian

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The Cubs reinstated right-hander Caleb Kilian from the 60-day injured list and optioned him to Triple-A Iowa. The club had a couple of 40-man roster vacancies after their recent deadline dealings, so their count goes from 38 to 39 with this move. Additionally, catcher Tomás Nido had surgery on his right meniscus and will be out for four to six weeks. Both pieces of news were relayed on X by Meghan Montemurro of the Chicago Tribune.

Kilian, 27, was diagnosed with a teres major strain during Spring Training and was slated to miss several months. He landed on the 60-day injured list on Opening Day and has been there until today. He began a rehab assignment at the start of July and has made eight minor league appearances in recent weeks. Rehab assignments for pitchers come with a 30-day maximum, so Kilian was reaching the end of that window.

He’ll now provide the Chicago pitching staff with some depth. He has a 12.42 earned run average in his big league career, but in a small sample of 16 2/3 innings. He pitched 227 Triple-A innings over the previous two seasons with a 4.40 ERA, 22.2% strikeout rate and 9.6% walk rate.

He came into 2024 with 20 days of majors league service time and added roughly four months’ worth here on the IL, but is still shy of the 172 needed to get to a full year. He also came into 2024 with just one option season remaining and is now likely to be out of options next year. A player needs to spend at least 20 days on optional assignment in a season for that to count as one of his option years, so Kilian will use his final one here in 2024 if he’s not recalled again in the next 20 days.

Nido landed on the 10-day IL last week due to a right knee sprain. It appears it was determined that he needed to go under the knife to get the issue taken care of. The Cubs selected Christian Bethancourt to take Nido’s roster spot and share the catching duties with Miguel Amaya. Given Nido’s timeline, he could be back in the mix in September.

Those are the only three backstops on the 40-man roster at the moment, so the Cubs will have only non-roster depth if someone else gets hurt while Nido is out. Moisés Ballesteros might be next in line, despite his lack of major league experience, as he’s considered one of the top 100 prospects in the league and is currently in Triple-A.

Astros Designate Rafael Montero For Assignment

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The Astros announced that they have designated right-hander Rafael Montero for assignment, per Chandler Rome of The Athletic on X. They also optioned righty Seth Martinez, with those two moves opening roster spots for lefties Yusei Kikuchi and Caleb Ferguson, who were acquired prior to the trade deadline yesterday. Matt Kawahara of the Houston Chronicle relayed the full slate of moves on X.

Montero, now 33, is in the second season of a three-year, $34.5MM deal he signed with the Astros after the 2022 season. He had just made 71 appearances for Houston that year with a 2.37 earned run average, 27% strikeout rate, 8.5% walk rate and 52.9% ground ball rate. He recorded 14 saves and 23 holds in the process, then added another ten strong performances in the postseason as the Astros won their second World Series.

But his performance has declined significantly since that contract was signed. He made 68 appearances for the club last year with his ERA ticking up to 5.08. His 26.5% strikeout rate, 9.7% walk rate and 41.2% ground ball rate were all a bit worse than the year prior. There may have been a bit of bad luck in there, as his .358 batting average on balls in play was very high and his 15.3% home run per flyball ratio was almost three times his 5.7% rate from the year prior.

Here in 2024, his 4.70 ERA is actually a slight improvement over last year, but things under the hood are bleak. His 14% strikeout rate and 11.6% walk rate are both significantly worse than last year and also subpar compared to league averages. He’s actually been pretty lucky when considering his .243 BABIP and 78.6% strand rate. His 6.39 FIP and 5.23 SIERA suggest he’s actually been worse than his ERA would indicate.

It was reported last week that the Astros were looking to move Montero’s contract as they pursued pitchers with notable salaries such as Zach Eflin and Jameson Taillon. In the end, it seems they were unsuccessful in finding a taker, which isn’t surprising when considering his numbers. Now that the deadline has passed, their only option will be to put him on waivers and they will therefore see Montero depart for nothing.

Given his performance and contract, he will certainly go unclaimed, at which point he has enough service time to elect free agency while retaining all of his salary. Houston will remain on the hook for it while any other club could then sign him and pay him just the prorated league minimum for any time spent on the roster, with that amount subtracted from what the Astros pay.

That’s obviously not the result the club was hoping for when they signed that deal and it’s yet another development that shines an unflattering light on an unusual period in Astros’ history. Despite winning the 2022 World Series, the Astros parted ways with general manager James Click just days after hoisting that trophy. Click was hired somewhat hastily after Jeff Luhnow was fired in the wake of the club’s sign-stealing scandal coming to light. Owner Jim Crane reportedly had a contentious relationship with Click and decided to pivot, despite the club’s continued success while Click was in charge.

Dana Brown was eventually hired to take over as the club’s GM, but not until January of 2023. There was a period of a few months where Crane decided to run the baseball operations department himself, reportedly advised by former big leaguers Jeff Bagwell and Reggie Jackson.

During that window, the club’s two most significant transactions were the Montero deal and the three-year pact for first baseman José Abreu, both of which turned into huge misfires. Like Montero, Abreu grappled with massive struggles before he himself was released last month. Click later took a job in the front office of the Blue Jays, the club that just acquired Kikuchi for Jake Bloss, Joey Loperfido and Will Wagner.

Montero will surely find himself on the open market in the days to come. Some club could perhaps take a shot on him based on his past success and the fact that there will be effectively no cost. Apart from the 2022 season, his track record is pretty spotty, as he currently has a 4.71 ERA in 462 1/3 career innings. He had a solid run with the Rangers in 2019 and 2020, posting a 3.09 ERA over 46 2/3 innings with a 28.6% strikeout rate and 5.9% walk rate. He was traded to the Mariners prior to 2021 and then struggled badly with a 7.27 ERA, before the Astros acquired him at that year’s deadline. As mentioned, he then had the best season of his career in 2022 before his results tailed off.

Brett Phillips Attempting Comeback As Pitcher, Agrees To Minors Deal With Yankees

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Longtime MLB outfielder Brett Phillips is attempting to get back to the big leagues as a pitcher. Earlier this week, Marc Topkin of the Tampa Bay Times wrote about Phillips and his recent journey, then relayed on X that he had a agreed to a minor league deal with the Yankees.

Phillips, 30, appeared in the majors as an outfielder from 2017 to 2023, not hitting to much but providing value via his speed and defense. He hit .187/.272/.347 over 395 games for the Brewers, Royals, Rays, Orioles and Angels, stealing 39 bases in 45 tries. In just over 2,300 outfield innings, he was considered to be worth 41 Defensive Runs Saved and 32 Outs Above Average.

Most recently, he signed a minor league deal with the White Sox in January but was released in May after hitting .120/.228/.280 in 57 Triple-A plate appearances. It seems he has been focusing on carving out a new career path on the mound with some encouraging signs.

Phillips tells Topkin that he has a fastball that has been clocked at 95 miles per hour as well as a curveball and split-change. In another piece at the Tampa Bay Times, Topkin notes that Phillips recently pitched in a National Baseball Congress game and was hitting 97 miles per hour with his fastball.

“I feel like I’m going to pick it up pretty quickly,” Phillips said. “The whole reason I’m doing this is I feel like I can still compete. I feel like my body can still allow me to compete. And I feel like I could help. I love the game. And I want to continue to play the game, especially at the highest level.”

While he was still working as an outfielder in the majors, Phillips was generally beloved within the baseball world for his ebullient personality, perhaps best exemplified by his celebratory run into the outfield after the Rays walked off the Dodgers in Game Four of the 2020 World Series (video from MLB.com). That will undoubtedly mean that many will be in his corner as he attempts to navigate this unusual second act for his career.

Phillips already has 5 1/3 innings of pitching experience, which mostly involved him lobbing the ball over the plate in blowout games. If he manages to get back to the majors now that he’s pursuing pitching in a more serious fashion, he is out of options but has four years and 60 days of service time, meaning he could be retained via arbitration for at least one additional season.

J.D. Davis Not Traded To Rays

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The Rays have not acquired infielder J.D. Davis from the Yankees. Jon Heyman of The New York Post reported on X that Davis was going to the Rays but later recanted it, also on X. Davis had been designated for assignment by the Yankees a couple of days ago and is presumably still in DFA limbo. He’ll have to be put on waivers in the coming days now that the trade deadline has passed.

Davis, 31, has had a strange year. Back in February, he and the Giants went to an arbitration hearing, which he won. That set him up to make $6.9MM this year instead of the $6.5MM figure the club requested. But after the Giants signed Matt Chapman, they put Davis on waivers and released him.

Under the terms of the collective bargaining agreement, arbitration salaries are guaranteed if they agreed to prior to a hearing, but not if a hearing takes place. The Giants only had to pay Davis about 30 days’ termination pay, which was roughly $1.1MM. He then signed with the A’s, earning a $2.5MM guarantee. Even when combined with the termination pay from the Giants, he was making only about half of what he thought he earned in arbitration.

He hit .236/.304/.366 in his time with Oakland, leading to a subpar 96 wRC+. The rebuilding A’s likely hoped to turn Davis into a deadline trade chip but it wasn’t trending that way so they designated him assignment and flipped him to the Yankees in a small deal. But he didn’t receive much playing time as a Yankee, getting into just seven games in over a month before being designated for assignment again.

Davis slashed .268/.352/.443 from 2019 to 2023 for a wRC+ of 120. Though he has struggled this year, teams looking for roster upgrades won’t have much choice now that the deadline is done, so perhaps his past track record will draw someone’s attention. He has more than enough service time to reject an outright assignment while retaining all of his salary, so he’ll end up a free agent if he clears waivers. At that point, a team could sign him for just the prorated league minimum with that amount subtracted from what the Yankees pay.

Pirates To Acquire Bryan De La Cruz

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The Pirates are acquiring outfielder Bryan De La Cruz from the Marlins, according to multiple sources. The Marlins receive right-hander Jun-Seok Shim and infielder Garret Forrester in return.

De La Cruz, 27, was in the midst of his fourth season as a Marlin prior to this deal. An international signing of the Astros, he went to Miami in the 2021 deadline trade that sent Yimi García to the Astros. He’s now appeared in 431 major league games with his standout trait being his home run power.

In his 1,654 plate appearances, he has walked in 6.2% of them and struck out in 24.4% of them, with both of those rates being a bit worse than average. But he has launched 55 home runs in that time and stolen 12 bases. His .258/.305/.419 batting line translates to a wRC+ of 97.

Though De La Cruz has been three percent below league average at the plate in his career, the Bucs likely still consider that a notable upgrade. Pittsburgh outfielders have hit a collective .227/.300/.352 this year for a wRC+ of 83, or 17% below league average. That includes a monster showing from Bryan Reynolds, who is hitting .288/.354/.483 this year for a 133 wRC+. The rest of that output includes rough performances from Jack Suwinski, Michael A. Taylor, Edward Olivares, Joshua Palacios and others.

Defensively, De La Cruz doesn’t get strong grades. In over 3,000 innings at all three outfield spots, he’s currently been worth -10 Defensive Runs Saved and -16 Outs Above Average. He’s been close to league average in right field but that only makes up roughly 600 of those innings, as he has spent most of his time in left field.

The Bucs use Reynolds in left field almost every day so perhaps they are hoping that De La Cruz can be passable in right field and around average at the plate. While that might not be the most exciting development, it could still be a notable one for the Pirates. The club is just two games out of a playoff spot despite its warts, so a patch here and there might be enough to help them retain more water and stay afloat.

For a low-spending club like the Pirates, they are also undoubtedly attracted to his contract status. De La Cruz has not yet qualified for arbitration and is earning around the league minimum. He will pass three years of service time this season and qualify for arb this winter, with the Bucs able to retain him for three seasons after this one.

As for the Marlins, despite making the postseason last year, they have been in sell mode for a while. They did almost nothing in the offseason and then their cold start in 2024 prompted them to start selling early. It was in early May that they flipped Luis Arráez to the Padres for prospects. In the past week, they have leaned hard into that process, sending out A.J. Puk, Jazz Chisholm Jr., Trevor Rogers, Tanner Scott, Bryan Hoeing, Josh Bell, JT Chargois, Huascar Brazobán and De La Cruz, which has totally remade their farm system with a pile of new prospects.

In this deal, they get the 20-year-old Shim. He’s missed a lot of time due to injury, with just eight official innings on this ledger so far. However, Baseball America lists him as the Pirates’ #28 prospect at the moment.  Forrester, 22, was a third-round draft pick last year. He’s hitting .273/.413/.382 in High-A this year while splitting his time between catcher, first base and third base.

Last week, Ken Rosenthal of The Athletic reported that the Bucs were interested in De La Cruz. Jon Heyman of The New York Post reported on X today that he was indeed going to Pittsburgh. Mark Feinsand of MLB.com first reported Shim’s inclusion on X while Christina De Nicola of MLB.com had Forrester on X.

Royals Acquire Lucas Erceg

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The Royals have acquired right-hander Lucas Erceg from the Athletics, per announcements from both clubs. The A’s receive right-handers Mason Barnett and Will Klein as well as outfielder Jared Dickey.

Erceg took an unusual path to being a midseason trade target. He was drafted by the Brewers as a third baseman back in 2016 but flamed out as a hitter and eventually moved to the mound. In 2021, he tossed 47 2/3 innings at the Double-A level, allowing 5.29 earned runs per nine. As you might expect for a new convert to pitching, control was an issue at first. Erceg gave out walks to 16.4% of batters faced that year but he also got strikeouts at a decent 21.1% clip and grounders at a strong 56.8% rate.

He has generally made positive progress in each season since as he has become more accustomed to his new career path. In 2022, he logged 61 1/3 innings between Double-A and Triple-A with a 4.55 ERA, a decent step forward from the prior season. His strikeout and walk rates also improved to 24.4% and 13.1%, respectively.

In 2023, he started the year back at Triple-A before he was traded from Milwaukee to Oakland in a cash deal, with the A’s adding him to their roster shortly thereafter. He tossed his first 55 major league innings last year with a 4.75 ERA, 27.1% strikeout rate, 14.3% walk rate and 46.1% ground ball rate. The control was still an issue but it was an encouraging debut nonetheless, especially for a guy with such a limited track record on the mound. He averaged 98 miles per hour with both his four-seam fastball and his sinker while also throwing a changeup, slider and cutter.

His second major league season has seen him continue to grow. His 26.3% strikeout rate is a slight drop from last year but he has cut his walk rate all the way down to 8.3%, with his ground ball rate also creeping up to 50.5%. That’s resulted in a 3.68 ERA in 36 2/3 innings, with Erceg racking up three saves and 12 holds on the year.

The A’s didn’t necessarily have to trade Erceg now. He came into this season with less than a year of service time, meaning he can still be retained for five seasons after the current campaign, but there are also logical reasons why they were tempted to make him available.

Due to his unusual trajectory, Erceg is now 29 years old. With the A’s deep in a rebuild, he will be in his early 30s and into his arbitration seasons by the time they are likely to be competitive again. Relievers are generally considered pretty volatile in general and that might be even more true with Erceg, who has such limited experience relative to most of his peers. Rather than hold him and take the risk that his performance takes a downturn or he suffers an injury, the A’s decided to make him available at this deadline, while the industry consensus has generally been that the acquisition costs for pitching have been quite high.

The Royals have surged back into contention after many years of struggles and have been aggressive in bolstering their roster for a playoff push. The bullpen has naturally been a target area for the club this year, as their relievers have a collective 4.30 ERA that places them 24th in the majors. Their 18.6% strikeout rate is actually second to last, ahead of only the Rockies.

They acquired Hunter Harvey from the Nationals recently and this trade for Erceg will give them a couple of fresh arms who both have big punchout potential. They also added Michael Lorenzen as a swingman to bolster the group in general, as he can help them in multiple ways.

Considering the A’s just got Erceg in a cash deal last May, they are likely quite happy to cash him in for three younger players barely over a year later. Barnett, 23, was a third-round pick of the Royals in 2022. He made 23 starts last year between High-A and Double-A with a 3.30 ERA, 28.8% strikeout rate and 10.5% walk rate. His ERA has jumped to 4.91 at Double-A this year but with similar peripherals. His .336 batting average on balls in play and 64.2% strand rate are probably masking those underlying metrics, as he has a 27.4% strikeout rate and 9% walk rate. Baseball America currently lists him as the #11 prospect in the Royals’ system while FanGraphs has him slightly higher at #7.

Klein, 24, is a reliever who made his major league debut this year. He has 5 2/3 innings in the show so far with a 6.35 ERA. Command appears to be the biggest issue with him. Since being selected in the fifth-round of the 2020 draft, he has tossed 216 minor league innings with a 5.17 ERA. His 30.7% strikeout rate is quite impressive but he’s also given free passes to 16.1% of batters that have come to the plate. BA and FG both put him at #16 in the system.

Dickey, 22, was just drafted in the 11th round last year. He’s slashing .269/.360/.424 in High-A this year for a wRC+ of 127 and has also stolen eight bases. Neither BA nor FG have him on their KC prospect lists.

Jeff Passan of ESPN first reported on X that Erceg was headed to the Royals. Mark Feinsand of MLB.com reported the return on X.

Angels Acquire Mike Baumann From Giants

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2:10pm: The Angels announced that they have acquired Baumann from the Giants for cash considerations.

2:00pm: The Angels are acquiring right-hander Mike Baumann from the Giants, reports Robert Murray of FanSided on X. The righty was designated for assignment by the Giants a few days ago. It’s unclear what that club is receiving in return. The Angels have open 40-man spots and won’t need to make a corresponding move.

Baumann, 28, spent his entire professional career with the Orioles prior to 2024 but has spent the year bouncing around the league. He exhausted his final option year in 2023 and has therefore found himself on the transaction logs many times. He was designated for assignment by the O’s in May and has since gone to the Mariners, Giants and now Angels in small trades after DFAs.

Pitching for three different clubs this year, he has a 4.84 earned run average in 35 1/3 innings. His 20.8% strikeout rate, 10.7% walk rate and 40.2% ground ball rate are each a bit worse than league average.

But he seemed to be a solid bullpen piece as recently as last year. He tossed 64 2/3 innings for Baltimore with a 3.76 ERA, 22.3% strikeout rate and 42% ground ball rate, though the 12.1% walk rate was on the high side.

The Angels traded away Carlos Estévez recently and could make further subtractions from their pitching staff. Tyler Anderson and Griffin Canning are each controlled through 2025 and could be moved today. Guys like Matt Moore and Hunter Strickland are impending free agents. Bauman will finish this year with over two years of service time, meaning he could be retained for four further seasons if he continues to hang onto a roster spot.

Yankees Acquire Mark Leiter Jr.

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The Yankees announced that they have acquired right-hander Mark Leiter Jr. from the Cubs. In return, the Cubs will receive infielder Ben Cowles and right-hander Jack Neely. The Yankees had two open 40-man spots and jump to 39, while the Cubs drop down to 38.

Leiter, now 33, has been great for the Cubs over the past few years after a late-bloomer trajectory. The son of Mark Leiter and nephew of Al Leiter, the younger Mark made it to the big leagues by 2017 but didn’t impress in his first tastes of the show. By the end of 2018, he had a 5.53 earned run average in 114 big league innings. He then required Tommy John surgery early in 2019 and was on the shelf for an extended period of time. He signed a minor league deal with the Tigers in 2021 but didn’t get a call to the show.

A minor league deal with the Cubs going into 2022 turned into the opportunity he needed. He was selected to the big league roster by mid-April that year and eventually tossed 65 2/3 innings for the Cubs with a 3.99 ERA. He struck out 25.9% of batters faced while giving out walks at an 8.9% clip and kept the ball on the ground at a 48.9% rate.

Despite that generally strong work, he was nudged off the club’s roster in January of 2023. He had exhausted his final option year and so the Cubs designated him for assignment, with all 29 clubs passing on the chance to grab him off waivers. He elected free agency but re-signed with the Cubs on a minor league deal prior to the next season.

He was added back to the roster for Opening Day and has been a key part of the Chicago bullpen since then. Going back to the start of 2023, he has a 3.75 ERA in 100 2/3 innings. His strikeout rate is up to 30.9% in that time while he still has decent walk and ground ball rates of 8.8% and 47.1% respectively.

This year’s 4.21 ERA doesn’t look pretty but that’s mostly due to a tiny strand rate of 55%, well below the 71.9% league average. Since he’s striking out 34.9% of batters faced and also getting grounders at a 50.6% clip, his 2.11 FIP and 2.42 SIERA suggest he’s been about two runs better than his ERA would have you believe.

The Cubs have been balancing present and future needs at this deadline. Just over a week ago, president of baseball operations Jed Hoyer said that the club would be prioritizing “2025 and beyond” in their transactions. That didn’t necessarily point to a deadline selloff, as the club then went out and acquired Isaac Paredes from the Rays and Nate Pearson from the Blue Jays, with both of those players having multiple years of control.

But there were also some rumors that they might make some pitching available and there’s a logic to Leiter being moved out. Due to his unusual trajectory, Leiter still has a couple of years of club control remaining after this one. But given his age, the Cubs probably didn’t consider him a core piece of their future-focused agenda and made him available.

Those circumstances are likely also why the win-now Yankees wanted to get him. He only just qualified for arbitration for the first time coming into this season and is making $1.5MM, not much above this year’s $740K league minimum. The Yankees are slated to pay the competitive balance tax for a third straight year and finish well above the top tier. That means they face a 110% tax rate for any new spending, so Leiter’s minimal salary fits in nicely for them, and they can keep him around for two more years beyond this one.

While Leiter is cheap in terms of dollars, the Yankees have paid the price of two prospects to get him. Neely, 24, was an 11th-round pick in the 2021 draft. He’s been exclusively a reliever in his professional career, racking up significant strikeout totals. In 160 1/3 minor league innings overall, he has a 2.75 ERA, 38.8% strikeout rate and 9.4% walk rate. That includes 41 2/3 innings this year between Double-A and Triple-A with a 2.81 ERA, 36% strikeout rate and 9.1% walk rate. Baseball America currently lists him as the #20 prospect in the Yankees’ system.

Cowles, 24, was a 10th-round pick in 2021 and has played in 88 Double-A games this year. His .294/.376/.472 batting line leads to a strong 141 wRC+, indicating he’s been 41% better than league average. His .340 batting average on balls in play is high but he’s also got strong walk and strikeout rates of 10.3% and 17.7%, respectively. He also has 14 steals and has lined up at the three infield spots to the left of first base.

Both Neely and Cowles are Rule 5 eligible this winter, so the Yankees would have been facing a decision about whether or not to add them to their 40-man roster. Instead, they have cashed them in for an immediate bullpen upgrade, meaning those decisions will now transfer to Chicago.

Rob Zamparelli first reported on X that Leiter was headed to the Yankees. Jeff Passan and Kiley McDaniel of ESPN relayed the full trade on X.

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