Yankees Return Rule 5 Pick Cade Winquest To Cardinals
The Yankees have returned Rule 5 pick Cade Winquest to the Cardinals, according to announcements from both clubs. That indicates he cleared waivers after being designated for assignment last week. Winquest does not take a spot on the Cards’ 40-man roster. He has been assigned to Triple-A Memphis.
Winquest, 26 this month, had a bit of an unusual Rule 5 experience. The Yankees don’t make a lot of selections in that draft but decided to take a shot on Winquest. He didn’t have a dominant spring. He tossed ten Grapefruit League innings, allowing eight earned runs via 13 hits, four walks and one hit batter while striking out eight.
The Yanks had some roster breathing room to begin the year. Due to some off-days, they started the season with a four-man rotation and optioned Luis Gil to the minors. That was enough room for Winquest to hold a spot for a bit but the Yankees didn’t put him into a game. A couple of weeks into the season, Gil was recalled to rejoin the rotation and Winquest was designated for assignment.
Per the parameters of the Rule 5 draft, another club could have acquired him but would have been subject to the standard restrictions, namely that Rule 5 guys can’t be optioned to the minors throughout the year. If a Rule 5 guy is passed through waivers, he has to be offered back to his original club, with that team not having to give him a roster spot.
Though not making his debut might have been awkward for him, Winquest at least got to hang around big leaguers for a few weeks, getting major league pay and service time. He’ll now report to Triple-A to continue his development with the Cards. He split last year between High-A and Double-A, tossing 106 innings with a 3.99 earned run average, 23.9% strikeout rate, 8.5% walk rate and 48% ground ball rate.
Photo courtesy of Imagn Images
Cardinals Designate Jared Shuster For Assignment
The Cardinals announced that right-hander Ryan Fernandez has been recalled from Triple-A Memphis. To open a spot for him, left-hander Jared Shuster has been designated for assignment. The 40-man roster count drops to 39.
Shuster, 27, was just selected to the St. Louis roster a little over a week ago. He made two appearances since then, including a relatively long outing yesterday. Starter Andre Pallante allowed the Red Sox to score seven times in five innings. George Soriano threw one inning and then Shuster spared the rest of the bullpen by tossing three innings, allowing two runs on 50 pitches. Presumably, Shuster would not have been available for a few days after throwing that much. Instead of continuing with the bullpen a bit shorthanded, the Cards have knocked Shuster into DFA limbo.
The lefty was once a notable prospect but his big league career hasn’t panned out as hoped. Atlanta took him 25th overall back in 2020. He was later flipped to the White Sox as part of the Aaron Bummer deal in November of 2023. Last year, he ended up on waivers and went to the Athletics. He was outrighted off the roster at season’s end and was later released, which led to a minor league deal with the Cards.
Along the way, Shuster exhausted his three option seasons. He has thrown 145 1/3 big league innings with a 5.26 earned run average. His 15.3% strikeout rate, 10.2% walk rate and 36.7% ground ball rate are all subpar figures.
He’ll now be in DFA limbo for a week at most. The waiver process takes 48 hours, so the Cards could take five days to field trade interest, but they might also put him on waivers sooner than that. If any other club acquires him, he is out of options but he has under two years of service time. That means he hasn’t yet qualified for arbitration and is theoretically controllable for many years, though he would have to put up some good numbers somewhere for that to be a consideration. Since he has a previous career outright, he would have the right to elect free agency if he is outrighted again.
Photo courtesy of Jeff Curry, Imagn Images
Orioles Recall Dean Kremer
The Orioles announced that right-hander Dean Kremer has been recalled from Triple-A Norfolk and will start tonight’s game. Left-hander Cade Povich was optioned to Norfolk as the corresponding move.
Kremer was a somewhat surprising roster casualty to begin the season. He has been a staple of the Baltimore rotation for years, serving as a solid back-end guy. From 2022 to 2025, he tossed 599 1/3 innings over 109 appearances. He had a 3.95 earned run average, 20.3% strikeout rate, 7.4% walk rate and 40% ground ball rate.
To begin 2026, he got squeezed out, mostly due to circumstances. In the offseason, the O’s signed free agents Zach Eflin and Chris Bassitt, in addition to trading for Shane Baz. Those three, Kyle Bradish and Trevor Rogers were effectively locked into the five rotation spots to begin the year. Despite Kremer’s reliability, he was optioned to the minors for the first time since 2021.
Eflin departed his first start of the year due to elbow discomfort. He eventually required Tommy John surgery. His injury opened a rotation spot but the O’s didn’t tap Kremer immediately. Both Brandon Young and Povich were recalled to make spot starts in recent weeks while Kremer has been starting for Norfolk.
Now Kremer is back in the bigs but it remains to be seen if he’s up for good or if the O’s plan to keep cycling through guys for the final rotation spot. Today is the fourth game in a stretch of 13 straight for the O’s. Povich started yesterday and now Kremer is going today, baking in a bit of extra breathing room for the other guys. The O’s have two off-days later in the month and could theoretically go down to a four-man rotation for a bit, then bring back Young or Povich when the schedule gets more daunting, though another injury could always throw a wrench in things.
The way it plays out could impact Kremer from a career perspective, which could also be notable for the club. Kremer came into 2026 with four years and 112 days of service time, putting him 60 days shy of the five-year mark. Once he hits that line, he can no longer be optioned to the minors without his consent. He would also then be in line for free agency after 2027. If he doesn’t get to that line, then his path to free agency would be pushed by a year and he would remain optionable. If Kremer stays up after today’s start, he’ll hit the five-year line in June, though getting optioned again would put the service time count on pause.
Photo courtesy of Mitch Stringer, Imagn Images
Astros Place Jeremy Peña, Tatsuya Imai On Injured List
The Astros announced that they have placed infielder Jeremy Peña on the 10-day injured list with a grade 1 hamstring strain. Right-hander Tatsuya Imai has been placed on the 15-day IL due to right arm fatigue. Both of those IL placements are retroactive to April 12th. Right-hander Jayden Murray has been optioned to the Triple-A Sugar Land. In corresponding moves for those three, Houston has recalled left-hander Colton Gordon, right-hander J.P. France and infielder/outfielder Shay Whitcomb. France was just optioned and would normally have to wait 15 days before being recalled but an exception is made when someone is going on the IL.
At this point, there hasn’t been anything to indicate that either injury is particularly serious. However, the double blow is notable when considering the larger context. The team has already suffered a number of injuries and two more won’t help.
Peña departed Saturday’s game with an injury. The team initially announced the issue as right posterior knee tightness, though it appears further testing has found a hamstring strain. The Astros lost their center fielder a few days earlier, as Jake Meyers suffered an oblique strain. Now they will be without their everyday shortstop as well.
Losing Peña isn’t a good thing but the only silver lining is that it will be easier to spread playing time around to the club’s other infielders. Christian Walker has played almost every day at first base and the same is true of Jose Altuve at second base. Carlos Correa has been at third most days but has also taken over at short a few times to give Peña a day off. Isaac Paredes has slotted in at third when Correa has been at short and has also taken some time as the designated hitter when Yordan Alvarez is the DH.
With Peña now on the shelf for a bit, it’s possible the Astros could stabilize things by having Correa at short regularly, allowing Paredes to cover third on an everyday basis. That would mean less time in the field for Alvarez.
Losing Imai is potentially more impactful, even though he’s less established in the big leagues than Peña. Most of Houston’s injuries have been on the pitching side, so another domino falling there is worrisome. Both Hunter Brown and Cristian Javier have been felled by shoulder strains in recent weeks and now Imai is also on the shelf.
Losing three starting pitchers in quick succession is never good but it’s particularly poor timing in this case. The Astros are three games into a stretch of playing 13 in a row. They had planned to use a six-man rotation to get through that stretch, at least in part to accommodate Imai. Pitchers in Japan normally pitch once a week, as opposed to the five-day rotation that is common in North America. Using six starters for the 13 straight games would have helped Imai stay on a schedule he’s accustomed to while he’s still new to Major League Baseball.
Imai started on Friday in Seattle but didn’t make it out of the first inning. He walked the first two batters, allowed a single, threw a wild pitch, walked another batter, hit a guy with a pitch, induced a groundout and then walked another batter. He had already thrown 37 pitches and had recorded just one out when the Astros pulled him. The next day, he left the team for Houston to undergo testing for his fatigue. There’s no real information about his status but the Astros will proceed without him for at least a couple of weeks.
France, Ryan Weiss and Steven Okert combined to absorb 6 2/3 innings after Imai departed, with Enyel De Los Santos throwing in an inning as well. France was then optioned with Murray recalled. Lance McCullers Jr. took the ball on Saturday and lasted 4 1/3, with five relievers pitching after him. Yesterday, Cody Bolton started but only lasted one inning before he was removed due to back tightness. Murray pitched two innings in relief and Christian Roa took on 2 2/3, while two other relievers pitched shorter outings.
It’s already been quite a taxing few days for the club, with still ten games to go before their next day off. Mike Burrows is starting today’s game. After that, it’s fairly up in the air. Weiss, France and Roa are somewhat stretched out from their recent long relief work and could chip in. Spencer Arrighetti, Miguel Ullola and Jason Alexander are on optional assignment and could be recalled, though Alexander just threw six innings at Triple-A yesterday while Ullola threw 2 2/3 on Saturday. Arrighetti’s last outing was six innings on April 9th, so he could be next up.
Photo courtesy of Troy Taormina, Imagn Images
Submit Your Questions For This Week’s Episode Of The MLBTR Podcast
On the MLB Trade Rumors podcast, we regularly answer questions from our readers and listeners. With the next episode set for Wednesday, we’re looking for MLBTR’s audience to submit their questions and we’ll pick a few to answer.
The 2026 season is a few weeks in. Do you have a question about a hot or cold start in the early going? The upcoming trade deadline? Next winter’s potential labor showdown? If you have a question on those topics or anything else baseball-related, we’d love to hear from you! You can email your questions to mlbtrpod@gmail.com.
Also, if you want to hear your voice on the podcast, send us your question in audio form and we might play it. iPhone users can find instructions on how to do so here.
In the meantime, don’t forget to subscribe to the podcast on Spotify and Apple Podcasts.
Astros Outright Roddery Muñoz
April 11th: Muñoz was outrighted to Triple-A Sugar Land and pitched for them today. That seems to indicate he cleared waivers and then the Reds declined to take him back.
April 6th, 4:00pm: Muñoz has been designated for assignment, the team announced. Reliever Enyel De Los Santos was activated from the IL to take Muñoz’s spot on the roster. Infielder Isaac Paredes is also back from the bereavement list. Shay Whitcomb was optioned to Triple-A.
1:45pm: The Astros have placed Rule 5 pick Roddery Muñoz on outright waivers, reports Chandler Rome of The Athletic. Players can be placed on waivers while remaining on the 40-man roster but it seems likely that the Astros plan to cut the right-hander. If any club claims him, they would also be bound by the Rule 5 parameters. If he clears waivers, he would have to be offered back to the Reds, who could assign him to the minors without putting him on the 40-man roster.
Muñoz was an unusual Rule 5 selection. Most guys taken in that draft have been in the minors for a few years without getting a big league shot. Muñoz had already seen a notable amount of time in the majors, having tossed 93 2/3 for the Marlins and Cardinals. He didn’t have much success, however, with a 6.73 earned run average in that time. He exhausted his option years over the 2023 to 2025 seasons.
The Cards put him on waivers in November. The Reds claimed him, non-tendered him and re-signed him to a minor league deal. Shortly thereafter, the Astros grabbed him in the Rule 5. He had a good spring, striking out 16 opponents in ten innings. He did allow five earned runs but the punchouts were enough to get him an Opening Day roster spot. Unfortunately, he has been lit up to start the season. Through four innings, he has allowed seven earned runs. He racked up six strikeouts but also gave out six walks and threw two wild pitches.
Even if Muñoz weren’t out of options, he couldn’t be sent to the minors as a Rule 5 guy. It seems the Astros have run out of patience and will make a move. As mentioned, teams are allowed to place players on waivers while keeping them on the active roster, so it’s possible Muñoz could still be with the club tonight. However, it’s also possible he gets designated for assignment before game time to make way for someone else.
Rule 5 guys can be traded or claimed off waivers. If any other team takes a shot on Muñoz, they would be bound by the same Rule 5 parameters. If he clears waivers, he’ll be offered back to the Reds. That club could send him to the minors as non-roster depth.
Photo courtesy of Troy Taormina, Imagn Images
Griffin Conine To Miss 6-8 Weeks After Hamstring Surgery
TODAY: Conine will undergo surgery next week and is expected to be sidelined for 6-to-8 weeks, MLB.com’s Christina De Nicola writes.
APRIL 10: Marlins outfielder Griffin Conine has a torn left hamstring and will likely require surgery, reports Barry Jackson of The Miami Herald. The Marlins haven’t yet provided any specific estimates for his recovery but it seems fair to assume Conine will miss significant time. He has been placed on the 10-day injured list with infielder Deyvison De Los Santos recalled in a corresponding move. It was reported yesterday that De Los Santos would likely be replacing Conine on the roster.
It’s brutal news for Conine, as he was looking to get back on track after an injury-marred 2025 season. He dislocated his shoulder on April 19th last year and ultimately required surgery. That was expected to be a season-ending procedure but he managed to get back to the big league club in late September, getting into four games before the season was done. Now, almost exactly one year after his previous injury, he is once again facing surgery and a significant absence.
In the short term, the Marlins will have to work around a few notable absences in their outfield. Kyle Stowers and Esteury Ruiz were both on the injured list and now they have three outfielders on the shelf, four if you count Christopher Morel. Stowers is starting a rehab assignment tonight, so he could be back in the mix soon, though he missed a lot of spring training and may need a few weeks to get back into game shape. The others are progressing and might not be too far behind Stowers.
For the time being, the Marlins are left with one fewer outfielder. They have been platooning Owen Caissie and Austin Slater in right with Jakob Marsee in center, along with a platoon of Conine and Heriberto Hernández in left. De Los Santos doesn’t have any outfield experience and is a righty bat, so he won’t be able to take up Conine’s role. The Marlins may have to opt for either Hernández or Slater to start against some righties, at least until Stowers gets back. Javier Sanoja is another right-handed option for some left field time.
For Conine, he’ll be focused on his recovery for the time being. If he does require surgery, or even if he doesn’t, he may be a candidate for the 60-day injured list when the Marlins need a 40-man spot.
Photo courtesy of Sam Navarro, Imagn Images
2026-27 Player Option/Opt-Out Preview: April Edition
At the end of each season, certain players will have to decide whether to stick with their current contracts or become free agents. These contract provisions are sometimes referred to as opt-outs and sometimes as player options. Despite the different terminology, they are effectively the same, with the player being the one making the call.
Naturally, the player’s health and performance leading up to the decision will impact which way the player leans. Which players have that decision looming after the 2026 campaign? MLBTR takes a look, in alphabetical order. Player ages in parentheses are for the 2027 season.
- José Berríos (33): can opt out of remaining two years, $48MM
The Blue Jays and Berríos agreed to a seven-year, $131MM extension back in November of 2021. The Jays had just acquired Berríos from the Twins a few months earlier, when he had a year and a half of club control remaining. A few months later, with that control window down to one year, they locked him up to keep him around. He could opt out of the final two seasons of the deal, giving him a chance to hit the open market after his age-31 season, when another long-term deal would still be theoretically possible.
Back then, Berríos was a front-of-rotation workhorse who could be banked on for 3-5 WAR per year. He hasn’t been getting as many strikeouts lately, making him feel more like a veteran innings-eater type. From 2022 to 2025, he posted a 4.14 ERA with a 20.7% strikeout rate, 6.9% walk rate and 41.7% ground ball rate.
Even that has been undercut by some injury concerns in recent months. He finished 2025 on the injured list due to elbow inflammation and has started this year on the IL as well, again due to elbow inflammation. The issue doesn’t appear to be major and he could be back with the Jays in the near future. He would have to come back healthy and pitch really well in the next few months for this opt-out to even be a consideration.
- Bo Bichette (29): can opt out of remaining two years, $84MM, taking a $5MM buyout
Bichette’s recent trip to the open market was an interesting case. He wasn’t the first notable free agent to settle for a short-term deal, but we do know that he could have taken a more traditional long-term pact. The Phillies reportedly offered him a seven-year deal worth around $200MM. That was pretty close to the eight-year, $208MM deal that MLBTR predicted at the beginning of the offseason.
Instead, Bichette went another way. The Mets offered a much higher average annual value on a short-term deal with opt-outs after each season. Bichette can collect $42MM from the Mets for his age-28 season. If he decides to return to free agency, he can take a $5MM buyout on his way out the door, going into his age-29 season.
He would be walking away from a big salary but another $200MM deal might be out there for him if he has another typical Bichette season. Perhaps he would look to lock that in but we have already seen him opt for the bigger salary once. Maybe he would do so again. On the other hand, it’s theoretically possible he can garner better long-term offers this coming offseason. Last time, he had question marks due to his knee injury and uncertain future position. This time, it’s possible he’ll be healthy and have some proof of concept as a third baseman.
Bichette will need to turn things around to even make this a discussion, as he’s off to a .228/.262/.263 start as a Met, but that’s in a small sample size of 61 plate appearances. He has lots of time to heat up.
- Corbin Burnes (32): can opt out of remaining four years and $140MM ($44MM deferred)
Burnes was a free agent after the 2024 season and few expected him to land in Arizona, but the Diamondbacks signed him to a six-year, $210MM deal, with $64MM deferred. The deal gave Burnes the chance to opt out after two seasons, which would be his age-30 and age-31 seasons.
The deal has not worked out as hoped so far. Burnes did give the club 11 good starts last year, posting a 2.66 ERA, but then required Tommy John surgery in June. He will be on the shelf for at least half of the 2026 season, if not more.
It is theoretically possible for Burnes to beat the remaining money on his deal. Blake Snell was going into his age-32 season in 2025 when the Dodgers gave him a five-year deal worth $182MM. A couple of years prior, Jacob deGrom did better at an even older age. He was going into his age-35 season when he got a five-year, $185MM deal from the Rangers.
For Burnes to make this a conversation, he’ll probably need to come back and shove for at least a few weeks. One or two starts in September won’t do it. It’s also worth considering that Burnes seemingly turned down larger offers from other clubs because he and his family live in Scottsdale. Even if he thinks there’s a chance of slightly more money out there, he might be happy where he is.
- Kyle Freeland (34) – $17MM player option for 2027 if 170 innings pitched in 2026
Freeland and the Rockies signed a five-year, $64.5MM extension back in April of 2022. The deal runs through 2026 but Freeland can unlock a $17MM player option by getting to 170 innings pitched this year. He hasn’t done that in a while, with 2022 being the last time he hit that mark. Even a minor injury that puts Freeland on the IL for a few weeks would quickly take this off the table.
Presumably, the Rockies don’t want him to trigger this. The deal was signed under the previous front office regime. Even at the time, it was a bit of a head-scratcher. Since it has been signed Freeland’s ERA has mostly been hovering around 5.00. That’s not so bad for a pitcher who plays his home games at Coors Field but the Rockies are now rebuilding and don’t seem likely to be in contention next year.
On the other hand, even without a real eye on contention, they have considered it worthwhile to invest in making the rotation more respectable. After losing 119 games last year, the new front office invested almost $20MM to sign Michael Lorenzen, Jose Quintana and Tomoyuki Sugano. Each of those guys got $8MM or less. Deals like that are probably preferable to spending twice as much on Freeland but it’s not as though that would be back breaking. Freeland is making $16MM this year, so it would be a modest raise.
- Ryan Helsley (32) – $14MM player option
Helsley became a free agent after last year and a pillow deal seemed likely. He had been so dominant at his best but was coming off a poor platform. From 2022 to 2024, he posted a 1.83 ERA with a 34.6% strikeout rate. But in 2025, his ERA jumped up to 4.50. It was an even worse 7.20 for the Mets, who had acquired him from the Cardinals at the deadline. He only struck out 23.2% of batters faced after the deal. There was some talk that he may have been tipping his pitches, as his stuff seemed the same.
The Orioles gave him a two-year, $28MM deal, with even $14MM salaries in each season. Ideally, Helsley would return to form. That would give the O’s a lock-down closer without a lengthy commitment, while Helsley could return to free agency and get a bigger payday.
The early results are mixed. Helsley has thrown 4 1/3 innings for the O’s. His 30.4% strikeout rate is a nice uptick but he has also walked 17.4% of batters faced in that small sample. He still has lots of time but the sooner he locks in, the more it will help him in the coming offseason.
- Clay Holmes (34) – $12MM player option
Holmes spent most of his career as a reliever until he hit free agency, when he drew interest as a starter. The Mets gave him a three-year, $38MM deal and stretched him out. That deal contained an opt-out after two years. That would give Holmes a chance to return to free agency with some proof of concept as a starter, while the Mets would hope to at least get a couple of decent seasons from him.
So far, so good. Holmes is striking out fewer batters as a starter but is still getting plenty of ground balls, leading to good results on the whole. He has thrown 178 1/3 innings as a Met with a 3.38 ERA. His 18.2% strikeout rate is well below his work as a reliever, when he was usually above 25%, but Holmes has induced grounders at a 56.4% clip. He has had a bit of luck from a .273 batting average on balls in play and 75% strand rate, but his 4.09 FIP and 4.39 SIERA suggest he would be a competent back-end starter even with more neutral luck.
A decent starting pitcher can beat $12MM these days, even one in his mid-30s. In the most recent offseason, Nick Martinez got $13MM from the Rays for his age-35 season. Chris Bassitt got $18.5MM from the Orioles for his age-37 season. Merrill Kelly got two years and $40MM from the Diamondbacks starting at age-37. Adrian Houser got two years and $22MM from the Giants beginning with his age-33 campaign, even though he had to settle for a minor league deal a year prior.
Holmes hasn’t been getting as many strikeouts as Kelly or Bassitt but he was comparable to Martinez and Houser last year, with far more grounders than anyone in that group. He’s not an ace but there could be a path to something better than what will be left on his deal.
- Tatsuya Imai (29) – can opt out of remaining two years, $36MM
Imai is just making his major league debut. Coming from Japan at the end of last season, there seemed to be big divisions in how he was viewed by major league teams. Some saw him as a viable mid-rotation guy but others felt his future would be as a leverage reliever.
Some, including us, thought that a team would bet on the upside. MLBTR predicted Imai to land a six-year deal worth $150MM. It seems no club was willing to go to that length, at least not yet. Imai signed a three-year, $54MM deal with the Astros. Opt-outs after each season give him a chance to return to free agency, ideally with a track record of success as a major league starter. He is still relatively young, turning 28 in May, so he should still be able to secure a long-term deal in the future if the results are there.
It has only been two starts but the numbers have been mixed. Imai has a huge 35.1% strikeout rate but a massive 18.9% walk rate. That lack of control is one of the worries with Imai. He got his walk rate down to 7% in his final NPB season but was above 11% from 2019 to 2023. Beating two years and $36MM would be easy if he’s a 29-year-old mid-rotation starter but he will probably stay if he doesn’t quite cement himself or gets pushed to the bullpen.
- Michael King (32) – can opt out of remaining two years, $58MM for a $5MM buyout
Not too long ago, King looked to be on his way to a nine-figure deal. He got a rotation chance with the Yankees late in 2023 and made the most of it. The Padres acquired him and put him into their starting group. King responded with an excellent 2024. He kept that going into 2025 until some injury issues popped up. From August 24th of 2023 until May 18th of 2025, King tossed 267 2/3 innings with a 2.72 ERA, 28.4% strikeout rate and 8.1% walk rate. FanGraphs credits him with 6.7 WAR for that span. The only six pitchers ahead of him on that leaderboard are Tarik Skubal, Chris Sale, Zack Wheeler, Logan Webb, Cole Ragans and Dylan Cease.
But King wasn’t able to carry that all the way into free agency. A pinched nerve in his shoulder sent him to the IL for a while. He returned but then quickly went back on the IL with left knee inflammation. He made a few starts in September but wasn’t as dominant as before.
Due to that unimpressive finish, he seemed likely to get a short-term deal with opt-outs, and that indeed came to pass. The Friars brought him back with a three-year deal worth $75MM. It’s a bit backloaded, a team preference since the Padres have been working with some payroll restrictions. King gets a $12MM signing bonus, $4MM annually, but he’ll get all of that even if he opts out. It’s a $5MM salary in the first season and then a $5MM buyout if he walks. Then there’s a $28MM salary in 2027 and $30MM for the final season.
He can easily beat that if he’s back in top form. As mentioned, he was pitching like an ace a year ago and was on a path to something well over $100MM. Even with the injuries, he almost got to nine figures. Through three starts, he has a 3.24 ERA. His 22.1% strikeout rate and 11.8% walk rate aren’t amazing but it’s a very small sample size.
- Yuki Matsui (31) – can opt out of remaining two years, $13.5MM
After years working as a closer in Japan, Matsui came over to North America ahead of the 2024 season. The Padres signed him to a five-year, $28MM deal. That pact allowed him to opt out after three years, as long as he didn’t have a major injury in the first two.
Matsui stayed healthy and has generally given the Padres solid relief work. He made more than 60 appearances and logged more than 60 innings in both 2024 and 2025. On the whole, he has a 3.86 ERA in 126 innings thus far. However, his 11.3% walk rate is high and his 24.6% strikeout rate is only about two ticks above average for a reliever. He hasn’t really been in a leverage role, with just one save and 12 holds. He began the 2026 season on the IL with a groin strain.
Two years and $13.5MM isn’t a massive amount of money in baseball terms but Matsui won’t beat that if he’s a low-leverage reliever. Those types of guys usually get one-year deals worth a few million. He would have another chance to opt out after 2027.
- Emilio Pagán (36) – $10MM player option
Pagán’s profile is well known at this point. He gets a lot of strikeouts but also allows lots of home runs. That leads to big swings in his ERA, depending on how many fly balls are leaving the yard. He had a 4.43 ERA with the Twins in 2022, then dropped that to 2.99 in 2023. The Reds signed him to a two-year deal with an opt-out. His ERA spiked to 4.50 in the first season and he decided to stay. He then had a 2.88 ERA in 2025.
He returned to free agency and the Reds re-signed him to basically the same deal as before. The first was $16MM over two years. The second deal gave him a slight bump to $20MM. Pagán has already allowed two home runs through 7 1/3 innings this year, leading to a 6.14 ERA. This one literally depends on which way the winds will be blowing this summer.
- Wandy Peralta (35) – $4.45MM player option
Peralta got a four-year, $16.5MM deal from the Padres going into 2024, with the final three seasons all being player options. That was a surprise at the time but the Friars like deals like this, seemingly because of their financial situation. The extra years lower the average annual value and therefore the hit to the competitive balance tax. If the player has a good season and opts out, that’s a loss to the roster but the Padres get him off the books.
With Peralta, he has mostly been a ground ball specialist in his career, getting opponents to pound the ball into the dirt at a 53.8% clip. His 19.1% strikeout rate is below average but he’s still been able to have some good seasons. His first two campaigns in San Diego were fine but weren’t enough for him to trigger either of his first two opt-out chances. He had a 3.99 ERA in 2024 and a 3.14 ERA last year. He has a 3.60 ERA in the early going in 2026.
$4.45MM isn’t a ton of money but veteran relievers can sometimes get squeezed. Andrew Chafin keeps having to settle for minor league deals, for instance. Peralta should probably just stick with San Diego for 2027 unless he has a surprisingly dominant season.
- Nick Pivetta (34) – can opt out of remaining two years and $32MM
The Padres signed Pivetta to a four-year, $55MM deal ahead of the 2025 season. Due to San Diego’s aforementioned payroll crunch, they backloaded the money. Pivetta got a $3MM signing bonus and $1MM salary in 2025. He is making $19MM this year, followed by two player options worth $14MM and $18MM. The 2027 option becomes a club option if Pivetta misses 130 days for a major injury.
The first season of the deal was the best of Pivetta’s career. He took the ball 31 times and posted a 2.87 ERA, though that may have been a bit fluky. His strikeout and walk rates held fairly steady compared to prior seasons. He went into 2025 with a 15.5% home run to fly ball rate but only 9.7% of his fly balls went over the fence last year. If his home run rates revert back to previous levels, his ERA would likely jump back to his usual range of the low 4.00s.
Two years and $32MM is beatable as a decent 34-year-old. Sonny Gray and Nathan Eovaldi both got three-year deals worth $75MM in recent years. Eovaldi was actually one year older, going into his age-35 campaign. Bassitt got three years and $63MM from the Blue Jays a few years back. Yusei Kikuchi got the same deal from the Angels. As previously mentioned, Kelly got $40MM over two years going into his age-37 season.
- Luis Severino (33) – $22MM player option
Severino signed a three-year, $67MM deal with the Athletics ahead of 2025. The A’s were desperate for pitching. Luring big leaguers there was going to be tough since they were going to be playing in a minor league park from 2025 to 2027. They also needed to spend a bit more to avoid putting their status as a revenue sharing recipient at risk. The Severino deal surpassed expectations and the industry consensus is that the A’s realized they had to overpay someone.
Though Severino accepted that job and has 67 million reasons to feel good about it, he also has a few reasons to feel annoyed and went public with those. It’s possible he’s eager to move on and maybe the opt-out was put into the contract so that he would have the ability to do so.
Last year’s results weren’t amazing, as he posted a 4.54 ERA. The minor league park played as hitter-friendly and may have hurt him, as he had a 6.01 ERA there compared to a 3.02 ERA on the road. However, that road ERA was helped by a tiny .249 BABIP. He only struck out 17% of batters faced in away games, so it’s not as though he was dominating. His 4.34 home FIP and 3.87 road FIP were much closer than the ERA splits.
Unless he really dominates in 2026, sticking with the A’s may be best financial decision. In the most recent offseason, decent starters got less than the $22MM Severino would be turning down. Zac Gallen got $22.025MM but with deferrals that knocked the net present value below $19MM. As mentioned, Houser got $22MM on a two-year deal. Steven Matz got $15MM over two. Bassitt got $18.5MM, Martinez got $13MM and Dustin May got $12.5MM via one-year deals. His 2026 results will play a role but his desire to get out of that minor league park may also be a factor.
Photo courtesy of D. Ross Cameron, Imagn Images
Athletics Place Brent Rooker On Injured List
The Athletics announced today that outfielder/designated hitter Brent Rooker has been placed on the 10-day injured list due to an oblique strain. Infielder/outfielder Zack Gelof has been recalled as the corresponding move.
It’s not an especially surprising development. Rooker appeared to injure himself on a swing yesterday, reaching for his side. He was removed from the game with the A’s announcing his issue as right flank discomfort. Gelof was scratched from the Triple-A lineup, which suggested he would likely be called up to take Rooker’s place.
The A’s haven’t announced how long they expect Rooker to be out but obliques can be pesky injuries for baseball players since they play a notable role in rotating the body, which is important for swinging and pitching. Rooker is out to a slow start this year, with a .146/.245/.293 line, but in a small sample of 49 plate appearances. In a much larger sample of 1,839 plate appearances from 2023 to 2025, he hit 99 home runs and slashed .268/.343/.509.
The one benefit for the A’s is greater positional flexibility, as Rooker is usually the designated hitter. They can now use that spot to move guys in and out, lightening their workloads from time to time. Gelof has only played second base in his big league career but has been dabbling with some outfield work lately. The A’s have mostly been using Jeff McNeil at second. He’s the oldest regular position player, so perhaps he will get some more time as the DH.
Gelof has shown power in his big league career but has also been punched out in a third of his plate appearances. He’ll need to get that down to become a viable big leaguer. For what it’s worth, his minor league season has started well. He has only been punched out at a 13% clip in his small sample of 54 trips to the plate, which has helped him produce a monster .366/.519/.732 line. No one should expect him to hit like that in the majors but any improvement in the strikeout department should be a big help.
If the A’s want to try him in the outfield, their current mix includes Tyler Soderstrom, Denzel Clarke, Lawrence Butler and Carlos Cortes. Using Rooker’s vacated DH spot could allow the club to potentially spread some at-bats to that group and Gelof.
Photo courtesy of Wendell Cruz, Imagn Images
Tigers Place Parker Meadows On Injured List
The Tigers have placed outfielder Parker Meadows on the 10-day injured list with a concussion and a fractured radius in his left arm. He also received five stitches in his mouth, per Evan Petzold of the Detroit Free Press. Fellow outfielder Wenceel Pérez has been recalled in a corresponding move. Evan Woodbery of MLive reported the moves prior to the official club announcement.
The injury occurred in yesterday’s game against the Twins. Josh Bell hit a ball to left-center field, the perfect spot for the center fielder Meadows and left fielder Riley Greene to get there at the same time. As seen in this video from MLB.com, the two collided. Greene caught the ball and seemed unscathed but Meadows was down for a while and had blood coming out of his mouth. He seemed woozy when getting onto a cart, which took him off the field.
Given what transpired yesterday, it’s not especially surprising that he has suffered a concussion. He also revealed yesterday, per Chris McCosky of Detroit News, that he bit the inside of his mouth on impact. That explains the blood and the stitches. The broken bone in his arm, presumably suffered when he collided with the ground, may be the thing that keeps him out for longer. The Tigers haven’t provided an estimated timeline for his recovery but a broken arm will surely require him to miss weeks, if not months.
There will likely be more information provided in the near future. For now, the Tigers will sub Pérez into their outfield mix. He has been a solid player for them in recent years but he got squeezed off the Opening Day roster by Kevin McGonigle. Detroit decided to break camp with their top prospect and someone had to go. Pérez still has options and he also had a rough spring, slashing .190/.277/.333, so he got sent down.
In ten Triple-A games to start the year, Pérez has a .250/.353/.455 line. That’s a small sample size but is much closer to his big league line of .243/.304/.405, so it seems he has put his rough spring behind him.
Though it was a brief stint in the minors, it was just long enough to impact Pérez’s career. He came into this year with exactly two years of big league service time. There are now only 171 days remaining in the season and a player needs to be in the majors for 172 days to earn a full service year. Even if Pérez stays up for the rest of the season, he can’t get to the three-year line in 2026. That means his path to free agency has been pushed into the future by a year, though he could still qualify for arbitration after this season as a Super Two player.
Pérez will join an outfield mix that includes Greene as a staple in left. The other two spots will likely involve some rotation of Pérez, Kerry Carpenter, Matt Vierling, Zach McKinstry, Jahmai Jones and Javier Báez, with the designated hitter spot also fairly open for guys in that group to get more at-bats.
Photo courtesy of Bruce Kluckhohn, Imagn Images