The Opener: Orioles, Outfield Market, Padres
As MLB’s offseason continues, here are three things we’ll be keeping an eye on around the baseball world throughout the day today:
1. Could the Orioles reach a lease agreement today?
Earlier this year, the Orioles and Maryland governor Wes Moore initially reported that they had reached an agreement that would keep the Orioles in Baltimore for at least 30 years. That deal was later revealed to be a non-binding “memorandum of understanding,” and no deal has come together in the months since. That could change today according to an announcement late last week from Moore’s office that a long-term lease agreement between the Orioles and the Maryland Stadium Authority will be voted on by Maryland state officials today. The agreement is expected to go before both the stadium authority and the state’s Board of Public Works this afternoon. Time is running out on an agreement, as the club’s lease at Camden Yards expires at the end of the calendar year.
2. Is the outfield market heating up?
The positional market has lagged behind the pitching market for the most part this offseason, and while infielder Jeimer Candelario and DH Shohei Ohtani have both signed in recent weeks, the outfield market was falling even further behind in free agency with a focus on trades of players like Juan Soto, Alex Verdugo, Tyler O’Neill, and Jarred Kelenic. Fortunately, the outfield market has begun to heat up over the past week as KBO star Jung Hoo Lee landed in San Francisco on a six-year deal.
Since then, the rest of the outfield market has begun to catch up as Hunter Renfroe reached an agreement on a two-year pact with the Royals. Just yesterday, Lourdes Gurriel Jr. and the Diamondbacks came together on a multi-year contract that will keep the reigning NL championship club’s left fielder in town for the next two to four seasons. It’s possible that the recent movement on the outfield market could spur movement involving a corner outfield class led by Teoscar Hernandez that also features noteworthy names such as Tommy Pham, Joc Pederson, and Jorge Soler.
3. What’s next for the Padres?
The Padres kicked off their offseason earlier this month by trading away Soto and center fielder Trent Grisham to the Yankees in exchange for a package of five players headlined by right-hander Michael King and top pitching prospect Drew Thorpe. While the club was initially believed to be motivated to move Soto by a desire to open up budget space to repair a pitching staff that had lost four starting pitchers (including reigning NL Cy Young award winner Blake Snell) and star closer Josh Hader to free agency, reporting from this past weekend indicates that San Diego may have less room in the budget to work with than initially believed even after dealing away Soto.
The Padres are reportedly considering attempting to duck under the luxury tax threshold this offseason, a strategy that could leave them with just $30MM to spend as they look to add multiple arms to both the rotation and bullpen while also filling out their recently-vacated outfield alongside franchise cornerstone Fernando Tatis Jr. Given the club’s complicated financial situation and the number of holes left on the roster, the club’s path back into contention seems likely to remain unclear until president of baseball operations A.J. Preller and his front office make their next move.
Chicago Notes: Lee, Candelario, Pepiot
After losing Jeimer Candelario, Cody Bellinger, and Marcus Stroman to free agency last month, the Cubs figure to look for additional help at the corner infield spots and in the rotation while also continuing a search for a left-handed bat that saw them connected to both Juan Soto and Shohei Ohtani before the superstars landed with the Yankees and Dodgers, respectively. According to Patrick Mooney of The Athletic, that search for a left-handed bat took them to a somewhat unusual place, as Mooney indicates that Chicago pursued star KBO outfielder Jung Hoo Lee prior to him landing in San Francisco on a six-year, $113MM deal last week.
It’s something of a peculiar fit, as the Cubs have Ian Happ and Seiya Suzuki locked into the corner outfield spots with top prospect Pete Crow-Armstrong and his 80-grade glove in center field expected to break into the majors as a regular sometime next season. While that hasn’t stopped president of baseball operations Jed Hoyer and his front office from pursuing Soto and a reunion with Bellinger, it’s worth noting that Bellinger has plenty of experience at first base and that Soto is a fringe defender in the outfield who may be best suited for a DH role. Lee, by contrast, has spent his entire professional career in the outfield and is viewed as a plus defender on the grass with a chance to stick in center.
Despite the uncertain fit, Mooney suggests that the 25-year-old’s youth, left-handed bat, and ability to play center were all attractive factors in the eyes of the Cubs. Speculatively speaking, the club may have seen Lee as a piece who could slot into center field on Opening Day to allow Crow-Armstrong more time to develop in the minors. Upon Crow-Armstrong’s promotion, the club could have utilized the DH slot, where they have no regular starting option, to rest Suzuki, Happ, and Lee by divvying up time in the outfield corners between the three of them while also allowing them to all play on an everyday basis.
More rumblings out of Chicago…
- Sticking with the Cubs, Mooney suggests that the club “didn’t express interest” in retaining Candelario after he hit the open market last month. Candelario came up as a member of the Cubs but was shipped to the Tigers at the 2017 trade deadline alongside infielder Isaac Paredes in exchange for catcher Alex Avila and left-hander Justin Wilson. Candelario made his way back to Chicago this past summer when the Cubs landed him in exchange for infield prospect Kevin Made and lefty relief prospect D.J. Herz. Candelario’s second stint with the Cubs was shortened by a two-week stint on the injured list in September due to a back issue. Though Candelario was a strong fit for the Cubs’ offseason needs as a switch-hitting infielder who can contribute at both infield corners as well as DH, it’s possible the club was turned off from pursuing him by the relatively modest .234/.318/.445 slash line he put up in 157 trips to the plate with Chicago this season. Candelario wound up signing with the Reds on a three-year, $45MM deal earlier this month.
- Looking toward the south side, USA Today’s Bob Nightengale reports that the White Sox were interested in right-hander Ryan Pepiot as part of a possible return package while discussing a Dylan Cease trade with the Dodgers earlier this winter. Pepiot ultimately was shipped to the Rays alongside outfielder Jonny DeLuca in exchange for oft-injured ace Tyler Glasnow and outfielder Manuel Margot. It’s unclear if the Dodgers and White Sox are still engaged in discussions regarding Cease following the Glasnow deal, though the Dodgers are certainly in need of multiple starting pitchers this offseason and would surely benefit from the addition of Cease, who sports a 3.54 ERA and 3.40 FIP over the past three seasons, to their rotation mix.
KBO’s Kiwoom Heroes Sign Enmanuel De Jesus
Left-hander Enmanuel De Jesus has signed on with the Kiwoom Heroes of the Korean Baseball Organization, according to Jeeho Yoo of Yonhap News. Yoo indicates that the one-year pact between the sides is worth $800K.
De Jesus, 27 last week, signed with the Red Sox out of Venezuela back in 2014. De Jesus spent seven season with Boston working his way up the minor leagues, largely working out of the rotation despite eclipsing 70 innings of work in a season just twice during that time. From 2021 to 2023, De Jesus jumped between Triple-A affiliates with the Red Sox, Giants, and Marlins organizations, pitching to a 4.61 ERA with a 191 1/3 innings of work throughout the time. De Jesus ultimately got his first look in the big leagues as a September call up with Miami this past autumn. He drew two appearances with the Marlins during the stretch run but struggled in those trips to the mound, allowing eight runs on nine hits and four walks while striking out five and hitting three batters across 6 1/3 innings of work.
Despite his limited exposure at the upper levels of the minors and struggles in his two major league appearances, De Jesus has managed to secure a spot overseas, where he’ll be making more than the major league minimum next season. Clearly, the Heroes see something in De Jesus; as Yoo notes, KBO organizations can only sign three foreign players, with a maximum of two pitchers. For Kiwoom to commit one of those two slots to De Jesus, they were surely intrigued by his profile. De Jesus’s career has been marked with inconsistency as he’s switched between starting and relief roles and shuffled throughout multiple levels of the minors and organizations in recent years, but he posted some impressive peripherals in 101 2/3 innings of work with the Giants’ Triple-A affiliate in 2022 as he paired a 25.2% strikeout rate with a 42.2% groundball rate.
While De Jesus has yet to establish himself in stateside ball, plenty of players have gone on to has successful careers overseas and even return to the majors later on in their career. Diamondbacks righty Merrill Kelly is perhaps the most successful pitcher to revitalize his career with a sojourn to Korea, though it’s possible that reigning KBO MVP Erick Fedde will join him after signing a two-year pact with the White Sox earlier this season. At just 27 years old, De Jesus is certainly young enough to return to the majors at some point should he successfully establish himself as a quality starter on the other side of the world.
Cody Bellinger Reportedly Seeking $200MM Or More In Free Agency
With superstar slugger Shohei Ohtani now off the board after signing on with the Dodgers, the market has seemingly begun to come into focus for center fielder Cody Bellinger, the clear #2 position player on the free agent market this offseason. According to Jon Heyman of the New York Post, Bellinger and agent Scott Boras are seeking “$200MM plus” in contract talks this winter.
That Bellinger is in position to even approach that figure is nothing short of incredible given the brutal fashion his time in LA came to an end. The outfielder dealt with shoulder, rib, and leg injuries throughout the 2021 season and struggled badly when he managed to take the field that season, posting an abysmal .165/.240/.302 slash line across 350 trips to the plate that season. While he was able to avoid the injured list in 2022, the diminished results lingered as he slashed just .210/.265/.389, prompting the Dodgers to non-tender him last offseason.
Not long after being non-tendered, Bellinger took a one-year deal with the Cubs and entered the 2023 campaign hoping to rebuild his value ahead of another trip to the open market after the season. He certainly succeeded in that effort, slashing .307/.356/.525 while earning a top ten finish in NL MVP voting and the second Silver Slugger award of his career. While this new-look Bellinger came with potential red flags regarding his quality of contact in 2023, MLBTR nonetheless projected him for a twelve-year, $264MM deal in our annual Top 50 MLB free agents list, the second-highest projected guarantee after Ohtani.
Since then, many of Bellinger’s potential suitors on the free agent market have gone in other directions. The Yankees landed a trio of left-handed hitting outfielders in Juan Soto, Trent Grisham, and Alex Verdugo on the trade market, seemingly leaving no room for Bellinger on their roster. Meanwhile, the Giants recently landed outfielder Jung Hoo Lee on a six-year, $113MM contract. While it’s certainly feasible that San Francisco could have the resources available to land Bellinger as well, between the club’s existing outfield logjam and need for pitching, it seems more likely that the club would pursue top arms like Yoshinobu Yamamoto, Blake Snell, and Shota Imanaga than double up on talent in center field with a Bellinger signing.
That’s not to say that Bellinger’s market is completely devoid of suitors, of course. The Blue Jays haven’t been shy about their pursuit of a top-of-the-market lefty slugger this offseason, and Bellinger is the clear best player available to fill that niche with both Ohtani and Soto now off the board. Given that, it’s no surprise that Heyman suggests that Toronto is “expected to be a player” for Bellinger this offseason. USA Today’s Bob Nightengale takes things a step further, suggesting that the Blue Jays could be a “favorite” for the 28-year-old’s services this winter. Looking beyond Toronto, both Heyman and Nightengale also indicate that the incumbent Cubs could be a factor in Bellinger’s market this offseason while Nightengale also suggests the Padres as a potential suitor.
Any interest from Chicago or San Diego seemingly comes with caveats, however. The Padres are reportedly facing severe financial constrains and hope to duck under the luxury tax in 2024, and committing $200MM or more to Bellinger would eat away most of the savings the club procured by dealing Soto and Grisham to the Bronx earlier this month. Meanwhile, reports from Sahadev Sharma and Patrick Mooney of The Athletic indicate that the Cubs could prefer to wait out the market and see if Bellinger “falls” to them on a more palatable deal than the outfielder’s current price tag. The Blue Jays, meanwhile, have no such apparent financial restraints or reservations. Of course, it’s possible that another team in need of outfield help such as the Mariners could jump into the fray and change the outlook of Bellinger’s market as the offseason continues.
Mets, Yankees Reportedly Holding Second Meetings With Yoshinobu Yamamoto
Right-hander Yoshinobu Yamamoto reportedly met with a contingent of Mets officials including owner Steve Cohen, president of baseball operations David Stearns, manager Carlos Mendoza, and pitching coach Jeremy Hefner at Cohen’s home Saturday night, according to a report from Joel Sherman of the New York Post. It’s the second known meeting between the Mets and Yamamoto this offseason following Cohen’s trip to Japan earlier this month. SNY’s Andy Martino reports that Yamamoto will also hold a second meeting with the Yankees while he’s in New York.
Yamamoto, 25, is widely regarded as the top starting pitcher on the free agent market this offseason. His market has begun to heat up in recent weeks, with a report earlier this month indicating that seven top suitors had emerged in the Yamamoto sweepstakes. Subsequent reports have indicated that each of the Mets, Yankees, Dodgers, Red Sox, Giants, Blue Jays, and Phillies have met with Yamamoto, leaving that group as the likely finalists for the youngster’s services. While Martino reports that discussions between the Mets and Yamamoto have not yet reached the stage of a formal offer, Sherman indicates that the bidding process between interested clubs is expected to “intensify” this coming week, with a resolution expected before the end of the calendar year. That’s hardly a surprise, as Yamamoto’s posting window expires on January 4.
With so many big market teams involved in the bidding process, rumors have swirled that Yamamoto’s final price tag could exceed $300MM. Though that hefty sum could factor in the posting fee owed to the Orix Buffaloes as compensation for Yamamoto’s services, it would nonetheless be an astounding contract for the right-hander. Yankees ace Gerrit Cole‘s $324MM pact currently standing as the only contract (except that of two-way superstar Shohei Ohtani) among starting pitchers to reach the $300MM threshold. That Yamamoto could even approach that stratosphere without having even thrown a pitch in the majors is a testament to his unique combination of youth and immense talent. Across seven seasons with the Buffaloes, Yamamoto has never posted an ERA above the 2.35 figure of his rookie season and has posted sub-2.00 ERAs in four of his last five seasons, including a microscopic 1.16 ERA in 171 frames this past season.
After parting ways with future Hall of Famers Max Scherzer and Justin Verlander at the trade deadline over the summer, the Mets could certainly use the sort of front-of-the-rotation caliber arm Yamamoto projects to be. While the club has already added Luis Severino to its starting staff this offseason, even a bounce-back season from the righty would leave the Mets with holes to fill in a rotation that includes little certainty behind Kodai Senga and Jose Quintana. Righty Tylor Megill and lefty Joey Lucchesi appear to be the most likely internal candidates to round out the club’s rotation as things stand.
As for the Yankees, the club is in a somewhat similar boat with little certainty behind Cole. Though lefties Nestor Cortes and Carlos Rodon have both flashed front-of-the-rotation potential in the past, both southpaws are coming off down seasons in 2023 during which they were plagued by injuries and under performance. Meanwhile, the club has little depth outside of that trio and Clarke Schmidt after shipping rotation candidates Michael King, Randy Vasquez, and Jhony Brito to the Padres in exchange for Juan Soto earlier this month.
One wrinkle in the New York clubs’ pursuits of Yamamoto is their backup plans should he ultimately sign elsewhere. While the Yankees are generally expected to pivot to other top-of-the market arms such as Shota Imanaga in the event they fail to sign Yamamoto, the Mets appear unlikely to do the same. Recent reports have indicated that Stearns’s front office is not expected to pivot to other top-of-the-market options like Imanaga, Jordan Montgomery, and Blake Snell in the event that the club misses on Yamamoto. Per the report, the Mets view Yamamoto as a uniquely valuable player worth splurging on, but would otherwise prefer to focus on shorter-term deals for mid-market arms such as Lucas Giolito as they look to rebuild their rotation mix.
KBO’s SSG Landers Re-Sign Roenis Elias, Guillermo Heredia
The SSG Landers of the Korean Baseball Organization have re-signed left-hander Roenis Elias and outfielder Guillermo Heredia, per Jeeho Yoo of Yonhap News. The report goes on to note that Elias signed for a $1MM salary while Heredia signed for $1.5MM.
A veteran of seven MLB seasons, Elias began his career as a starting pitcher with the Mariners back in 2014. After missing much of the 2016 and ’17 seasons due to injury, Elias later transitioned to the bullpen. He found success in that role with both the Mariners and Nationals, pitching to a 3.30 ERA across 71 appearances from 2018-19. Unfortunately for Elias, Tommy John surgery in early 2021 would derail his newfound relief career somewhat. He pitched just 7 2/3 innings in the majors following his surgery.
Elias began starting again during the 2022-23 offseason, and initially signed on with the Cubs on a minor league deal that winter. After making four starts with the club at the Triple-A level, he was picked up by the Landers for the remainder of the 2023 campaign. He did fairly well in his return to starting, with a 3.70 ERA in 131 1/3 innings for SSG last season that placed him in the middle of the club’s rotation behind fellow former big leaguers Kwang Hyun Kim and Kirk McCarty. He figures to continue in that role with the Landers in 2024, his age-35 campaign.
Heredia joined the Mariners back in 2016 after defecting from Cuba and spent seven seasons in the majors as a fourth outfielder, slashing .231/.310/.346 while playing solid defense across all three outfield spots for the Rays, Pirates, Mets, and Braves as well as the Mariners. Heredia was non-tendered by the Braves following the 2022 campaign and signed with the Landers shortly thereafter. Heredia excelled in an everyday role with SSG this past season, slashing .324/.385/.461 while hitting 12 home runs, a career-best for him at any level of professional baseball. Heredia figures to continue in his role as the Landers’ everyday left field in 2024 while also seeing occasional time in center.
Padres “Prefer” To Stay Under Luxury Tax In 2024, Could Reduce Payroll Below $200MM
The Padres have long been expected to pare down payroll significantly this offseason, with early signals indicating a target payroll of no more than $200MM for the 2024 season as they look to get back into compliance with the league’s debt service rules. The Athletic’s Dennis Lin reports that the club may plan to cut payroll even more drastically, suggesting that the club’s final payroll next season could come in “more than a little lower” than that aforementioned $200MM figure as club officials reportedly “prefer” to stay under the luxury tax threshold in 2024. Importantly, Lin notes that the club would be willing to go “slightly” over the luxury tax if the right opportunity were to present itself later this winter, though it’s unclear what sort of opportunity would be necessary to convince San Diego to push their payroll over the threshold.
While RosterResource projects the Padres for a payroll of just over $152MM as things stand, it projects a significantly larger $205MM payroll for luxury tax purposes. That would leave the club with just under $32MM of budget space remaining for luxury tax purposes if they intend to remain below the first luxury tax threshold, which will sit at $237MM in 2024. That roughly $30MM of wiggle room for luxury tax purposes tracks with Lin’s suggestion that a payroll of around $180MM could allow the Padres to duck below the threshold next year.
Lin goes on to report that the club’s pursuit of outfielder Jung Hoo Lee, who signed with the Giants earlier this week on a six-year, $113MM deal, was impacted by the club’s budget constraints. While Lin notes that San Diego’s offer to Lee was reportedly considered “competitive” but nonetheless was not especially close to the figure offered by San Francisco. Lee’s contract with the Giants sports an average annual value of roughly $18.8MM, meaning landing the outfielder would have required more the remaining space the Padres have available to them below the luxury tax threshold.
As Lin notes, the Padres themselves demonstrated as recently as last offseason that there are ways to creatively structure a deal to deflate its AAV. Right-handers Michael Wacha and Nick Martinez, for example, commanded salaries of $7.5MM and $10MM respectively in 2023 despite carrying AAVs of just $6.5MM and $8.7MM for luxury tax purposes thanks to the complex structures of their contracts. It’s possible that similar deals could allow the Padres additional room to maneuver this offseason as they look to rebuild their starting outfield after shipping Juan Soto and Trent Grisham to New York as well as a pitching staff that lost Wacha, Martinez, Seth Lugo, Blake Snell, and Josh Hader to free agency last month.
It’s possible some of the club’s holes can be filled internally, with Lin noting that the Padres see the likes of Jackson Merrill, Jakob Marsee and Robby Snelling, among others, as prospects who could impact the big league club in 2024. Even in San Diego manages to successfully embrace a youth movement, however, it’s hard to imagine the club being able to fill two outfield spots, one rotation spot, and restock the bullpen without making several external additions.
With so many holes on the roster and relatively little wiggle room in the club’s budget for 2024, Lin notes that infielders Jake Cronenworth and Ha-Seong Kim are both potential trade candidates for the Padres. Kim would surely be an attractive trade candidate if available on the heels of a strong season that saw him slash .260/.351/.398 while playing superb defense all around the infield, and a deal would allow the Padres to shed his $8MM salary in 2024 while potentially bringing back major league ready talent in return.
Cronenworth, on the other hand, would be far more difficult to deal, as MLBTR’s Anthony Franco explored earlier this week. The 29-year-old is coming off the worst season of his career in 2023 and is owed a whopping $80MM over the next seven seasons, making him a less-than-palatable trade target for the majority of clubs. While Cronenworth’s salary is just over $7MM for the 2024 campaign, his contract’s AAV of around $11.5MM counts as a more significant hit against the luxury tax. While Cronenworth is far from the only player locked up long-term the Padres could consider trying to move, others would like present even more significant obstacles.
Right-handers Yu Darvish and Joe Musgrove figure to anchor the club’s rotation next season, and dealing either veteran arm would be counterproductive for a club hoping to bolster its rotation depth. It’s a similar story for Robert Suarez in the bullpen. Meanwhile, the likes of Xander Bogaerts, Manny Machado, and Fernando Tatis Jr. are due hundreds of millions through at least the 2033 season, making them all far more complicated to move for fair value than Soto, who will be a free agent next season, was. Making a trade for any of the aforementioned names even more complicated is that each player is coming off a season that either saw them produce below their recent career levels, struggle with injury, or both. With plenty of holes to fill and few realistic options for shedding salary available, the Padres face a major uphill battle as they look to improve upon their 82-80 season in 2023 that saw them just miss out on playoff contention.
East Notes: Mets, Rays, Bautista
The Mets are among several reported finalists for the services of right-hander Yoshinobu Yamamoto, who club owner Steve Cohen traveled to Japan to meet with earlier this month. All indications point to a very serious pursuit of the offseason’s top free agent starting pitcher, but The Athletic’s Will Sammon suggests that intense pursuit should not be taken as an indication the Mets plan to spend aggressively on long-term, top-of-the-market free agents this offseason. Sammon reports that the club views Yamamoto, 25, as something of a unique case thanks to his front-of-the-rotation potential and exceptional youth for a free agent.
Should they fail to land Yamamoto, Sammon suggests that the club doesn’t plan on pivoting to other top-of-the-market free agents such as Blake Snell and Jordan Montgomery. Rather, Sammon suggests the Mets could pivot to a mid-market arm like Lucas Giolito, who the club has previously been reported to have interest in as they focus on shorter term, one- and two-year contracts to plug holes on their roster. Indications have percolated since the trade deadline that the Mets view 2024 as something of a transitory year where they hope to thread the needle between staying competitive and focusing on 2025 and beyond, and Sammon’s report is the latest among those signals.
In addition to their aforementioned goal of securing pitching help, Sammon suggests that the club could look to add a regular outfielder to their lineup as well as a right-handed hitting third baseman to replace the injured Ronny Mauricio in the club’s third base mix alongside Brett Baty, Mark Vientos, and Joey Wendle. Michael A. Taylor, Adam Duvall, Tommy Pham, and Joc Pederson are among the outfield options who may be available on short-term deals, while the likes of Gio Urshela and Justin Turner could help the club solidify its infield mix.
More from around MLB’s East divisions…
- Rays president of baseball operations Erik Neander spoke to reporters (including Marc Topkin of the Tampa Bay Times) today in the wake of the trade that sent right-hander Tyler Glasnow and outfielder Manuel Margot to the Dodgers. While Neander acknowledged that the club loses some “certainty” in dealing way Glasnow and Margot, he also suggested that he sees both Pepiot and DeLuca as players who could impact the big league club in the near future Neander was particularly effusive in his praise of Pepiot, who he suggested has “a very good chance to be a good major-league starter” and could be “very close” to reaching that potential. Per Topkin, the deal will save the Rays $33MM in 2024 as Tampa Bay will pay the Dodgers just $2MM of the $4MM cash included in the trade this season, with the remaining $2MM to be paid out next offseason in the event that the Dodgers decline their $12MM option on Margot, which would cover the $2MM buyout on that option.
- Orioles closer Felix Bautista spoke to reporters this evening, including MLB.com’s Jake Rill and AJ Cassavell, and provided an update on his health after undergoing Tommy John surgery back in October. Bautista told the pair that his recovery from the surgery is going well, and that he’s “doing everything he can” to get back onto the field. That return to the mound won’t occur in 2024, as Bautista is expected to miss the entire campaign while rehabbing. With the right-hander expected back in time for Spring Training 2025, Bautista and the Orioles got together on a two-year extension upon the announcement of his surgery back in September.
Victor Reyes Signs With KBO’s Lotte Giants
8:38pm: According to Jeeho Yoo of Yonhap News, Reyes is set to make $950K in 2024. Yoo also notes that the Giants have re-signed former Twins left-hander Charlie Barnes to a one-year, $1.35MM contract. Barnes, 28, pitched 38 innings in the majors for Minnesota back in 2021 and posted a 3.28 ERA across 30 starts with Lotte this past season.
7:49pm: Former big league outfielder Victor Reyes has signed a deal with the Korea Baseball Organization’s Lotte Giants, per Jon Heyman of the New York Post. The terms of the deal are not currently known.
Reyes, 29, signed with the Braves out of Venezuela back in 2012. After three seasons with Atlanta, Reyes was swapped to the Diamondbacks in 2015 before getting selected as the first pick of the Rule 5 draft in 2017 by the Tigers. He made his big league debut in 2018 with 100 appearances largely as a bench bate and late-inning defensive replacement, sticking on the roster long enough to become a permanent member of the Tigers organization. Though Reyes never secured a full time role in Detroit, the switch hitter performed fairly well in a fourth outfield role, slashing .274/.306/.398 (91 wRC+) from 2019-22 while playing strong outfield defense and going 24-for-32 on the basepaths.
Reyes became a minor league free agent following the 2022 season and eventually joined the White Sox on a minor league deal. He performed well across 128 games at the Triple-A level, slashing .279/.330/.462 across 546 trips to the plate while clubbing 50 extra base hits including 20 home runs. While Reyes ultimately never made it into a big league game with Chicago last season, the improved power potential he flashed in the minors has seemingly earned him attention overseas, leading to this deal with the Giants.
Stateside players who haven’t managed to stick in the big leagues often head overseas in hopes of making their way back to the big leagues later on while making more than they would be able to on a typical minor league contract. Eric Thames and Darin Ruf are among the hitters who revitalized their big league careers with a sojourn to Korea, and most recently right-hander Erick Fedde won the KBO’s MVP award this past season and subsequently earned himself a two-year, $15MM guarantee with the White Sox earlier this winter. Reyes will surely hope to follow in the footsteps of those players as he continues his professional career on the other side of the world.
Giants Reportedly Interested In Shota Imanaga
The Giants have shown interest in left-hander Shota Imanaga, according to a report from Jon Morosi of MLB Network. Morosi adds that Imanaga’s market is likely to come into further focus when the sweepstakes for right-hander Yoshinobu Yamamoto come to an end. A recent report connected Imanaga to the Yankees as a potential backup plan should they miss out on Yamamoto. The Giants are a suitor for the young right-hander themselves, though its unclear if their interest in Imanaga hinges on Yamamoto signing elsewhere or if they would consider pursuing both hurlers. The Tigers, Dodgers, Cubs, and Red Sox are among the other clubs that the lefty has been connected to in the weeks leading up to and following his posting late last month.
Imanaga would certainly be a solid fit for San Francisco headed into 2024. With veteran righty Alex Cobb set to miss the start of the season as he rehabs from hip surgery, right-handers Logan Webb and Anthony DeSclafani appear to be the club’s only surefire starting pitchers for 2024. Veteran Ross Stripling along with youngsters like Kyle Harrison and Keaton Winn could all plausibly start for the club next season, but the Giants seemingly preferred to use each in more flexible, multi-inning bulk roles last year rather than as regular members of the rotation. Adding another stable arm to pair with Webb at the front of the club’s rotation could be a sensible decision if that preference holds into next season, particularly if the Giants wind up dealing one of their young arms to address other areas on their roster.
The Giants have been among the more aggressive teams in the league over the past few offseasons but have come away with little to show for it after whiffing on top free agents such as Aaron Judge, Carlos Correa, and Shohei Ohtani. Should that same fate befall the club in their pursuit of Yamamoto, pivoting to Imanaga would allow them to bulk up their starting rotation with a player who, though five years Yamamoto’s senior, has posted a sub-3.00 ERA in four of his past five NPB seasons, including each of the past three. Since the start of the 2021 season, Imanaga has posted a sterling 2.51 ERA across 467 innings of work. That strong track record has led to reports indicating that Imanaga’s price tag in free agency could surpass $100MM, though the Giants have made clear they’re more than comfortable working in the deeper end of free agency both through their pursuits of Ohtani and Yamamoto but also by signing KBO star Jung Hoo Lee to a $113MM guarantee this past week.
On the heels of a 79-83 season in 2023, San Francisco seems interest in upgrades all across their roster. Depending on exactly how much money the Giants have to spend this offseason, a pursuit of Imanaga could leave them with more room in the budget to make further additions to the club this offseason. Third baseman Matt Chapman, right-hander Yariel Rodriguez and outfielder Cody Bellinger are among the other notable free agents the club has expressed interest in this offseason, though it’s unclear if the club remains in on Cody Bellinger following their agreement with Lee.