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The Opener: Moniak, Yates, Cease

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As January comes to a close, here are three things we’ll be keeping an eye on around the baseball world headed into the weekend:

1. Moniak, Angels await arb decision:

The Angels and outfielder Mickey Moniak went to an arbitration hearing yesterday, as noted by the Associated Press. Moniak filed for a $2MM salary in 2025 while the Angels countered at $1.5MM. Moniak appeared to break out with the Angels in 2023 when he hit a strong .280/.307/.495 (114 wRC+) in 85 games, but the former No. 1 pick fell back to Earth in 2024 with a meager .219/.266/.380 (79 wRC+) line in 124 games as his BABIP cratered from an unsustainable .397 to just .272 year-over-year. Moniak is the first position player to go to a hearing this year. Pirates righties Johan Oviedo and Dennis Santana were the first two players to do so. Oviedo lost his case against Pittsburgh, while Santana’s decision is still pending.

2. Yates press conference:

The Dodgers officially signed right-hander Kirby Yates to a one-year deal yesterday, adding him to the 40-man roster at the expense of veteran righty Ryan Brasier. The club will be holding an introductory press conference at 11am local time this morning where Yates and (presumably) members of the Dodgers front office will be available to answer questions. The presser could shed some light on the closer situation in L.A. given that both Yates and fellow offseason signee Tanner Scott are established closers coming off excellent seasons. There’s been no indication which one the Dodgers plan on using in the ninth inning to this point, though one would imagine that the larger contract for Scott signifies that he’ll get the nod most days. Both pitchers have thrived in setup and closing roles, however, so manager Dave Roberts could also opt to use them interchangeably, as the situation dictates.

3. Will Cease’s market heat up?

The Padres have long been expected to make a trade or two this winter in order to free up space in the budget to address the club’s holes around the roster, and yesterday brought some increased chatter in that corner of the market. Specifically, right-hander Dylan Cease has reportedly been the subject of inquiries from both the Cubs and Mets. The Cubs have long been known to be on the hunt for rotation upgrades, even after adding southpaw Matthew Boyd in early December, but their only other addition has been veteran swingman Colin Rea. The Mets, meanwhile, have signed a number of starters this winter but lack impact at the front of their rotation and are already planning on using a six-man staff for 2025 that could make fitting Cease into the mix fairly easy (especially if a starter like David Peterson went the other way — speculatively speaking). A recent poll of MLBTR readers suggested that a slim majority of fans believe that San Diego should trade Cease, whether that be on his own or in addition to fellow rental starter Michael King. Could a deal get done before spring training?

Poll: Should The Padres Trade Dylan Cease Or Michael King?

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While the Padres no longer appear to be under a mandate to cut payroll for the 2025 season, signs still point to the club needing to make a trade or two in order to free up space in an already-maximized budget if they hope to address multiple holes in the lineup. That’s led to plenty of rumors surrounding the club’s pending free agents, the most valuable of whom are without a doubt right-handers Dylan Cease and Michael King.

Trading a front-line starter like Cease or King might seem counterproductive for a club that’s already lacking in rotation depth, but it’s possible that the trade return for either player could involve a young starter or two while allowing the Padres to reallocate the freed up payroll space to the lineup. It’s surely under that logic that San Diego has explored Cease’s market and discussed King with rival clubs as well. The Padres have reportedly been more resistant to trading King under the belief that he’s more likely than Cease to sign an extension, but president of baseball operations A.J. Preller is generally open-minded when it comes to trade discussions. That the two sides face a nearly $1.5MM gap after exchanging salary figures and appear headed toward an arbitration hearing only adds an additional layer of complexity.

Cease, 29, is the bigger name of the two righties. A longtime top prospect with the Cubs and White Sox, the right-hander debuted on the south side back in 2019 and had developed into a legitimate front-end arm by 2021. Over the past four seasons, he’s pitched to a 3.52 ERA (120 ERA+) with a 3.32 FIP and an excellent 29.7% strikeout rate. Perhaps even more impressive than Cease’s strong rate numbers is his volume. The right-hander has been a workhorse by the standards of the modern game with 716 innings of work across 130 starts since the start of 2021. That’s the most starts and seventh-highest innings count of any starter in that time.

By contrast, King doesn’t offer the same level of star power or track record. The 2024 campaign was actually the first time King has acted as a full-time starter in the majors, and his 173 2/3 innings of work were not only a career high but the first time he had thrown even 105 innings since 2018. The results can’t be denied, however, and King was nothing short of excellent. He posted a 2.95 ERA (139 ERA+) with a 3.33 FIP. His peripherals are quite similar to Cease, as well; his 27.7% strikeout rate was a touch lower than Cease’s 29.4% figure, but his 8.7% walk rate was nearly identical to Cease’s 8.5%. King’s 6.2% barrel rate was far better than that of Cease.

Given that similar production and a price tag that’ll be $5-7MM less than that of Cease, it’s easy to imagine some clubs preferring King between the two. If King can fetch what the Padres deem to be a better return, moving the more affordable arm and keeping the more proven/durable righty makes some sense. On the other hand, King still seems likelier to sign an extension than the Boras Corp-represented Cease, and Cease has shown some year-to-year volatility. He posted a below-average ERA as recently as 2023.

If you were in Preller’s shoes and needed to free up some payroll space to address various holes on the roster, how would you proceed with your coveted rotation duo? Have your say in the poll below:

Which Should The Padres Trade?
They shouldn't trade either pitcher. 40.08% (3,072 votes)
They should trade Dylan Cease 28.31% (2,170 votes)
They should trade both. 22.82% (1,749 votes)
They should trade Michael King 8.79% (674 votes)
Total Votes: 7,665

The Opener: Santana, Reds, Relief Market

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With pitchers and catchers set to start reporting in less than two weeks, here are three things we’ll be keeping an eye on around the baseball world throughout the day today:

1. Santana, Pirates await hearing results:

Right-hander Dennis Santana and the Pirates went to an arbitration hearing yesterday, according to a report from the Associated Press. Santana struggled early in the season for the Yankees with a 6.26 ERA in 27 1/3 innings despite a solid 3.93 FIP, but upon be plucked off waivers by Pittsburgh he turned his season around and delivered a 2.44 ERA with an identical FIP while striking out 50 batters in his final 44 1/3 innings of work. The righty filed at $2.1MM while the Pirates countered at $1.4MM, leaving a fairly substantial $700K gap between the sides. The hearing occurred against the backdrop of fellow Pirates righty Johan Oviedo losing to the club in his own hearing; Oviedo will be paid $850K rather than $1.15MM as a result. Players won the majority of cases in 2024 but historically teams have typically come out ahead in arbitration hearings.

2. Reds staying active:

This offseason initially appeared likely to be a very quiet one for the Reds, as right-hander Nick Martinez wound up accepting the club’s qualifying offer and that $21.05MM commitment single-handedly took Cincinnati’s payroll for this back to 2024 levels. They’ve managed to stay busy in spite of that, however. Trades for Gavin Lux and Jose Trevino helped bolster the club’s depth. Most recently the Reds have signed outfielder Austin Hays and lefty starter Wade Miley (on a minor league deal) while swinging a trade with the Giants for southpaw Taylor Rogers to bolster the bullpen.

It’s a solid collection of complementary additions, though RosterResource projects the club for a $116MM payroll in 2025 that might represent the upper limits of their payroll capacity for this year. President of baseball operations Nick Krall indicated earlier this month that the club’s new TV deal for 2025 would allow them to be more active in upgrading the club for the remainder of the winter, but it’s not clear exactly how much more budget space the front office has to work with at this point after $11MM to the payroll in the past week by picking up Hays and Rogers.

3. Relief market movement continues:

Rogers was far from the only notable bullpen arm to change teams yesterday. Free agent right-handers Ryne Stanek, Tommy Kahnle, and Carlos Estevez agreed to deals with the Mets, Tigers, and Royals, respectively. Stanek joins Edwin Diaz, A.J. Minter, and Jose Butto in the Mets bullpen, while both Kahnle and Estevez appear to be strong bets for high-leverage roles with their new teams. Estevez, in particular, seems to be all but certain to lock down the ninth inning in Kansas City with Lucas Erceg likely to shift back into the setup role he held with the A’s ahead of star closer Mason Miller. Even after yesterday’s moves, plenty of notable names remain available such as David Robertson, Kenley Jansen, and Kyle Finnegan. Who will be the next to sign?

Poll: Will The Cardinals Be Able To Trade Nolan Arenado?

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One of the biggest storylines of the offseason has been the Cardinals’ to this point unsuccessful attempts at moving veteran third baseman Nolan Arenado. As the club scales back its payroll and focuses on youth, both the Cardinals and Arenado himself have expressed a desire to move on this winter. In theory, moving an eight-time All-Star who’s just two seasons removed from being an MVP finalist should not be an especially difficult task, but a confluence of factors has made things very complicated for St. Louis’s front office.

The most obvious limiting factor at play is Arenado’s hefty contract. The infielder is due $74MM over the next three seasons, and even with the Rockies poised to pitch in $10MM as a condition of the trade that sent him to St. Louis in the first place, it’s hard to imagine a number of smaller or even mid-market clubs being able to stomach the majority of that salary. Even for clubs who can afford to pay Arenado, it would be understandable if there was some level of pause about committing that much money to a hitter coming off a .272/.325/.394 slash line that was essentially league average (102 wRC+). Arenado’s glove is still enough to make him a roughly three-win player even with his diminished offensive numbers but the division rival Cubs’ difficulties in finding a trade partner when looking to move Cody Bellinger this winter show how depressed the market can become for a three-win player who’s making more than they would fetch on the open market.

Things are further complicated by Arenado’s no-trade clause, which he’s appeared to be very comfortable wielding in order to direct the Cardinals’ negotiation efforts towards clubs he wants to join. Arenado blocked a trade to the Astros in mid-December despite previous belief that he would approve a trade to Houston, in large part because he wanted to see how the club would fortify the roster after trading away Kyle Tucker. That decision to wait and see what was next for Houston backfired, as they pivoted towards signing Christian Walker in a move that likely closed the door on Arenado joining the Astros.

Since the deal with the Astros fell through, the market for Arenado’s services has been exceptionally quiet, with the Cardinals beginning to entertain the possibility that Arenado might be in camp for the start of Spring Training or even still be in the club’s starting lineup on Opening Day. The Yankees reportedly tried to convince the Cardinals to do a swap that would’ve sent Arenado to the Bronx and right-hander Marcus Stroman to the St. Louis, but the Cardinals dismissed that offer without even presenting it to Arenado due to a lack of interest in adding Stroman to the fold. It’s hardly a surprise that they wouldn’t want to take on Stroman and is $18.5MM salary for 2025, but that decision only serves to highlight the financial difficulties the Cardinals face in attempting to move their third baseman.

Even as a trade of Arenado has become less likely as the calendar has flipped to 2025, there are at least some reasons for optimism. Arenado has reportedly become more open-minded about what clubs he would approve a trade to in recent weeks, which could theoretically inspire renewed efforts from clubs like the Mariners, Royals, and Tigers who have some level of interest in him but initially believed that Arenado would block any trade they worked out with the Cardinals. Meanwhile, the Cardinals have indicated that they wouldn’t necessarily need to cut payroll elsewhere if Arenado remains with the club in 2025. It’s at least theoretically possible that’s simply a negotiation tactic, but if the Cardinals are truly not operating under a mandate to cut payroll to a specific level, then perhaps they’ll be more willing to chip in cash to help pay down Arenado’s salary or accept another underwater contract as part of the return.

One obvious catalyst that could spur Arenado talks back to the forefront of the hot stove would be Alex Bregman finding a new home in free agency. Bregman entered the winter ranked as the #3 free agent overall and the top available infielder according to MLBTR’s annual Top 50 MLB Free Agents list, but he’s found a relatively quiet market to his point in the winter. The Red Sox, Tigers, Astros, Blue Jays, and Cubs are all known to be involved in Bregman’s market to this point on at least some level. While trading Arenado to a division rival like the Cubs is nearly impossible to imagine, the Astros have already moved on, and Toronto may not be competitive enough to satisfy the veteran. The interest is mutual in at least the case of the Red Sox, who currently figure to start Arenado’s longtime Rockies teammate Trevor Story at shortstop on a regular basis this year. If Bregman were to come to a decision, and especially one that saw him end up in Houston, Chicago, or Toronto, it’s easy to imagine Arenado’s market picking up more significantly.

How do MLBTR readers think things will play out? Will Arenado be in another uniform before Opening Day? And if so, will a deal get done before he’s scheduled to report to the Cardinals for Spring Training on February 17? Have your say in the poll below:

Will The Cardinals Trade Arenado This Offseason?
No, he'll be a Cardinal on Opening Day 2025. 64.22% (5,836 votes)
Yes, but he'll be traded after camp begins on February 17. 18.07% (1,642 votes)
Yes, and he'll be traded before Spring Training. 17.72% (1,610 votes)
Total Votes: 9,088

The Opener: Oviedo, MLB The Show, Managers

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With Spring Training rapidly approaching, here are three things we’ll be keeping an eye on around the baseball world throughout the day today:

1. Pirates, Oviedo kick off arbitration season:

Right-hander Johan Oviedo and the Pirates went to the first arbitration hearing of the winter yesterday, according to a report from the Associated Press. A decision in that case is expected today after Oviedo argued for a $1.15MM salary in 2025 while the Pirates countered with $850K. As the AP notes, players won the majority of cases last winter with a 9-6 record, making 2024 the first time they won the majority of hearings since 2019. Teams have a massive 353-266 advantage overall throughout the history of arbitration hearings, so will 2025 fall in line with historical norms or join 2024 to create a trend of players starting to win arbitration cases more frequently? There are 11 more arbitration hearings scheduled, though it’s still possible for a late agreement on a multi-year deal (or one-year deal with an option) in those cases.

2. MLB The Show highlights three young stars:

The cover art for MLB The Show 25 dropped yesterday, and while the previous eight installments all highlighted just one player, this year’s edition features a trio of the game’s brightest young stars: Pirates ace Paul Skenes, Reds shortstop Elly De La Cruz, and Orioles shortstop Gunnar Henderson. The trio are on the shortlist for the baseball’s most exciting young talents, with Skenes having won NL Rookie of the Year and been a finalist for the NL Cy Young award in his first pro season last year while De La Cruz swiped 60 bags en route to an eighth-place finish in NL MVP voting. Over in the AL, Henderson was perhaps most impressive of all as he delivered an incredible season that earned him 9.1 bWAR, 8.0 fWAR, and a fourth-place finish in AL MVP voting behind Aaron Judge, Bobby Witt Jr. and Juan Soto.

3. Managerial extensions on the way?

Yesterday, Yankees owner Hal Steinbrenner indicated that the club plans to open up extension talks with longtime manager Aaron Boone this spring, ahead of the final season on his contract. Boone took over in the Yankees’ dugout prior to the 2018 season, and while the club has been generally successful in the years since then, his tenure has overlapped with the second-longest World Series drought in franchise history. Boone’s Yankees have posted a 603-429 record overall during the regular season with postseason berths in six of his seven years at the helm, and he’s finished top five in AL Manager of the Year voting four times, including a second-place finish back in 2019.

Meanwhile, the Dodgers have long been expected to work out an extension with Dave Roberts. Roberts has led the club to nine consecutive postseason berths since taking over in 2016, with four World Series appearances and two championships in that time. He also won the NL Manager of the Year award for his work in 2016 with six other top-five finishes. Overall, L.A. has posted an 851-506 record under Roberts. Club GM Brandon Gomes confirmed yesterday during an appearance on The New York Post’s “The Show” podcast with Joel Sherman and Jon Heyman that the club plans to discuss an extension with Roberts before the season begins. Will other clubs open extension talks with their skippers and/or front office personnel? Back on New Year’s Eve, MLBTR’s Mark Polishuk ran through a list of managers and baseball operations leaders entering the final season of their contract in 2025.

Poll: The Mariners’ Dilemma In Dealing From The Rotation

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If there’s one standout trait about the Mariners headed in 2025, it’s their elite rotation; Seattle has the most impressive collection of young, cost-controlled starting pitching talent in the majors right now. Logan Gilbert, George Kirby, Bryce Miller, and Bryan Woo combined for more than 700 innings of 3.18 ERA baseball in 2024. Gilbert, who turns 28 in May, is the oldest of the group and the quartet has a combined 17 seasons of team control remaining.

That crop of talented young starters is the envy of the rest of the league, but if there’s a second standout trait about the 2025 Mariners it’s their questionable offense. Cal Raleigh is among the best offensive catchers in the game, but the lineup offers little certainty outside of him. Julio Rodriguez has superstar upside but didn’t show it for much of last year as he entered July hitting just .247/.297/.327. Randy Arozarena managed an excellent 11.7% walk rate down the stretch after being traded to the Mariners midseason, but hit just five home runs in 54 games and was worth just 1.9 fWAR overall last year between his time in Seattle and Tampa.

The trio of Raleigh, Rodriguez, and Arozarena all project to be above average hitters in 2025, but the rest of the lineup is well below average. Victor Robles enjoyed a career year after joining the Mariners midseason last year, but his elite performance in Seattle was carried by a .388 BABIP. Between that extreme good fortune with batted ball luck and his career .236/.311/.356 (81 wRC+) slash line prior to joining the Mariners, it’s hard to expect more than league average production from Robles in 2025. Dylan Moore and Luke Raley both posted solid numbers in 2025 but are platoon players who can’t be relied on in everyday roles, while J.P. Crawford, Mitch Haniger, and Mitch Garver were all well below average hitters in 2024.

The club’s only addition to the offense to this point has been Donovan Solano, who posted solid numbers in 2024 but figures to join Moore and Raley as another part-time player. A combination of Moore, Raley, and Solano seem likely to be capable of handling first and second base, but the club’s lineup still has a gaping hole at the hot corner after non-tendering Josh Rojas and declining Jorge Polanco’s club option. MLBTR explored the third base market as it pertains to the Mariners earlier this month, but none of the free agent options that fit their budget and lower-level trade candidates available are particularly inspiring.

The Mariners have been hesitant to trade from their excellent rotation, only reluctantly listening to offers on pricey veteran Luis Castillo and seemingly shutting down discussions regarding their young core of arms entirely. But shopping a cost-controlled, elite starting pitcher could open up new possibilities for the club to add impact talent that wouldn’t have been available otherwise. The Red Sox reportedly dangled an impact youngster in first baseman Triston Casas in exchange for either Miller or Woo earlier this winter, and it’s easy to imagine rotation-needy clubs offering similarly impactful talent in exchange for a young arm of that caliber.

Dangling Gilbert or Kirby would surely land the Mariners an even more enticing package in exchange given their solid track records of front-of-the-rotation work in the majors to this point. The Orioles, for example, have a deep group of positional talent but are in need of an impact starter. It’s not impossible to imagine Baltimore being willing to part with an established young talent like Jordan Westburg as the headliner in a package for someone like Gilbert, perhaps packaged with a less impactful cost-controlled arm like Dean Kremer to ease the blow to Seattle’s rotation.

Turning away from the Orioles, Mark Vientos of the Mets and Matt McLain of the Reds are among the other high-end, cost-controlled third basemen who the Mariners could theoretically seek as a headliner in a package for one of their top starters, though neither is quite as valuable as Westburg. Of course, such deals are easier to propose than actually execute. While a team like Cincinnati packaging McLain with one of their own rotation arms like Nick Lodolo in order to land an elite talent like Gilbert could make sense on paper, the injury history of both players could give the Mariners plenty of pause about giving up one of their most valuable assets for little in the way of certainty and the Reds may be equally hesitant to offer up two established players with All-Star upside in exchange for one.

That’s just one example, of course, but it’s equally difficult to imagine the Mariners lining up on the right trade package for a player as valuable as Gilbert or Kirby with the vast majority of rival clubs. High-end, cost-controlled starting pitching is the single most desirable asset in the sport, and while fans of rival teams have long dreamed of their GM working out a trade with Mariners president of baseball operations Jerry Dipoto to bring one of the Mariners’ young aces to town they’d surely start feeling queasy about the possibility upon seeing just how much their team would need to part with in order to land such a coveted talent.

If you were in the Mariners’ shoes, how would you approach the situation? Would you take the same course Dipoto has and simply refuse to seriously entertain offers for your elite group of young pitchers, looking to upgrade the team in other ways like by dealing Castillo? Would you listen to offers while holding firm on a high asking price? Or would you compromise on the value of one of your top assets in order to help bolster an offense in desperate need of impact? Have your say in the poll below:

How Should Seattle Handle Its Young Starting Pitching?
Listen to offers, but only trade one if another team makes a huge offer. 59.76% (3,160 votes)
Hold onto the whole group and build around them. 24.94% (1,319 votes)
Shop them aggressively and work out a deal that improves the lineup no matter the cost. 15.30% (809 votes)
Total Votes: 5,288

The Opener: Padres, DFA Resolution, MLBTR Chat

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As spring training nears, here are three things we’ll be keeping an eye on around the baseball world today:

1. When will the Padres execute a trade?

Over the weekend, it was reported that the Padres might have more payroll capacity this winter than initially believed, allowing them to avoid shedding salary below currently projected levels. With multiple holes in the lineup and rotation, however, making a trade or two still seems all but necessary in order to make budget space available for additions to the roster. Right-hander Dylan Cease has long appeared to be available this winter, with infielder Luis Arraez and closer Robert Suarez among the other pieces that have been under consideration for a trade. The Friars are now also said to have fielded some interest in right-hander Michael King. Given the number of teams still interested in adding to their rotation, dealing Cease or King would bring the largest return of the group. There’s no indication San Diego is expressly shopping either right-hander, but it’s only natural that both would draw wide interest with the Padres willing to entertain the possibility of a trade.

2. DFA resolution incoming:

Last week, the Mariners designated left-hander Tyler Jay for assignment after acquiring right-hander Will Klein in a trade with the A’s. Jay, 31 in April, made his big league debut in 2024 and with 7 2/3 innings of work between the Mets and Brewers. The southpaw was cut from the club’s 40-man a week ago to the day, and as such the one-week window for a DFA’d player to either be moved or clear waivers is closing. There should be an announcement regarding Jay’s future at some point today, whether that’s a waiver claim or him clearing waivers. If Jay clears waivers, he’ll have the opportunity to reject an outright assignment and test free agency after being outrighted earlier in his career.

3. MLBTR Chat Today:

With spring training just a couple of weeks away, we’re nearing the point where the baseball offseason starts to give way to preseason excitement even as major free agents remain unsigned and team needs remain unfulfilled. Whether you have questions about what’s left for your team to do this winter or a trade proposal in the back of your mind, MLBTR’s Steve Adams will be here to answer your questions during a live chat scheduled for 1pm CT. You can click here to ask a question in advance, join in live once the chat begins, or read the transcript once the chat is complete.

Poll: Will Jack Flaherty Or Pete Alonso Sign First?

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Just a couple of weeks remain before pitchers and catchers report for spring training, and 32 of MLBTR’s Top 50 MLB Free Agents have signed. That includes 17 of the top 20, with only third baseman Alex Bregman, first baseman Pete Alonso, and right-hander Jack Flaherty still remaining in that upper tier. Bregman’s market has appeared to pick up in recent days, even as he’s stuck to his guns on seeking a long-term contract, but things have remained fairly static for both Alonso and Flaherty.

That lack of movement has come in spite of both players beginning to consider shorter-term offers to at least some degree. In Flaherty’s case, it was reported earlier this month that his camp is “open” to short-term offers after spending much of the winter looking for a five-year deal. Alonso surely entered free agency seeking a long-term pact, but the interest he’s received has been focused on shorter-term arrangements similar to the ones signed by players like Cody Bellinger and Blake Snell last winter. Though he’s open to shorter-term pacts, he rejected a three-year offer from the Mets that guaranteed him around $70MM; his camp had reportedly offered the Mets a three-year deal at a higher annual salary that contained opt-out clauses.

Both Alonso and Flaherty saw their difficult trips through free agency spur candid public comments this weekend. In Flaherty’s case, he delivered those comments himself in an interview where he discussed his “weird” free agency before suggesting that many teams have become somewhat complacent in pursuing just the opportunity to make the postseason rather than trying to construct the best team possible. For Alonso, it was Mets owner Steve Cohen who described “exhausting” negotiations with the club’s longtime first baseman. Cohen noted that he made a “significant” offer to Alonso’s camp but hasn’t been interested in the contract structures being presented by them, calling the deals “highly asymmetric” against the team.

Flaherty and Alonso are two of the more difficult players to evaluate in this winter’s crop of free agents. Flaherty had an undeniably excellent platform season in 2024, pitching to a 3.17 ERA (127 ERA+) in 28 starts between the Tigers and Dodgers while striking out 29.9% of opponents. That was his first time making it to 150 innings in five years, however, as he pitched just 299 innings total over the 2020-23 seasons. That four-year stretch saw Flaherty struggle on a rate basis, as well, with a pedestrian 4.42 ERA (94 ERA+) and 4.36 FIP. In conjunction with high-profile reports around the trade deadline that brought forth concerns regarding Flaherty’s medical records, clubs have been reluctant to commit to the right-hander long term even in spite of his demonstrated upside.

For Alonso, the divisiveness is to be expected for a player with his profile. The slugger’s titanic power allowed him to explode onto the scene back in 2019 when he won Rookie of the Year, crushed 53 homers, and became an instant star. From 2019 to 2022, Alonso slashed .261/.349/.535 (137 wRC+) with 146 homers in 530 games and established himself as a consistent four-win player. The past two seasons have been less productive. He’s hit .229/.324/.480 (121 wRC+) since 2023 with career-worst 34 home runs in 2024. That’s still well above average, but now that Alonso’s bat has seemingly taken a step back from “elite,” his poor defense and relatively pedestrian on-base ability have are more problematic. Alonso’s star power and slugging ability appear to suggest he should be in line for a healthy long-term deal, but the market has moved away from this type of skill set. Were Alonso still in his mid-20s, perhaps it’d be overlooked, but he turned 30 in December.

The start of spring training hasn’t always been enough to convince star players who linger on market to sign, but it’s a strong incentive for players to accelerate talks. Further, the struggles of late signees who miss significant portions of spring training (Jordan Montgomery being the most prominent recent example) could further incentivize players to get a deal in place soon.

Who will be off the board first? Will Alonso be able to reach an agreement that bridges the gap between his peak and more recent production? Or will Flaherty find a team willing to gamble on his excellent 2024 but shaky track record from 2020-23? Have your say in the poll below:

Who Will Sign First?
Jack Flaherty 55.22% (5,159 votes)
Pete Alonso 44.78% (4,184 votes)
Total Votes: 9,343

The Opener: Cubs, Bregman, DFA Resolution

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With just two weeks until pitchers and catchers begin to report for Spring Training, here are three things we’ll be keeping an eye on around the baseball world throughout the day today:

1. Cubs 40-man roster moves incoming:

The Cubs and Astros have reached an agreement on a trade sending veteran reliever Ryan Pressly (and $5.5MM cash) to Chicago in exchange for minor leaguer Juan Bello. Last night, Pressly agreed to waive his no-trade clause, receiving both a new no-trade clause and an assignment bonus (to cover the difference in state taxes) as part of the deal. That trade has not yet been formally announced by the teams, but when it is the Cubs will need to clear space on the 40-man roster. Pressly isn’t the only player the club needs to make room for on the roster. Utilityman Jon Berti agreed to a one-year deal with the Cubs last week. Like the Pressly trade, that signing has also yet to be made official and will require the Cubs to open a 40-man roster spot.

2. Bregman headed home?

Longtime Astros third baseman Alex Bregman was the talk of baseball over the weekend. Late last week, reports began to percolate that the Astros and Bregman had reengaged despite Houston’s acquisitions of Christian Walker and Isaac Paredes to handle the infield corners seemingly signaling a split. The Astros held their annual FanFest over the weekend and, while comments from GM Dana Brown described a Bregman reunion as a “longshot,” franchise face Jose Altuve emphasized the importance of Bregman to the team and made clear he would be willing to move to the outfield if it meant bringing Bregman back into the fold. Will a deal reach the finish line soon, or could another suitor for Bregman like the Tigers or Blue Jays swoop in and get something done instead?

3. DFA resolution incoming:

Last week, the Pirates designated infielder Tristan Gray for assignment to make room for veteran DH Andrew McCutchen on the 40-man roster. Gray, 29 in March, has just 17 games of big league experience under his belt between the Rays, Marlins, and Athletics over the past two seasons but was claimed off waivers by the Pirates back in October as a first base depth option. He’s since been pushed further down the depth chart by the acquisition of Spencer Horwitz, leading the club to cut him from the 40-man roster. That move was a week ago to the day, and as such the one-week window for a DFA’d player to either be moved or clear waivers is closing. There should be an announcement regarding Gray’s future at some point today, whether that’s a waiver claim or him clearing waivers and being outrighted to the minor leagues.

Cristian Javier Targeting Second Half Return From Tommy John Surgery

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The Astros figure to enter the season plagued by a number of rotation injuries this winter. Both Cristian Javier and J.P. France underwent season-ending surgery last year and are locks to start 2025 on the injured list, while reporting yesterday revealed that both Luis Garcia and Lance McCullers Jr. are also slated to miss at least the start of the upcoming campaign. France indicated earlier this month that he was targeting a return from shoulder surgery in July of this year, while Ari Alexander of KPRC2 reports that Javier suggested during the club’s FanFest event yesterday that he’s eyeing a return at some point in the second half.

That’s a somewhat vague timetable, though it could still fall within the 12 to 14 month timeline that’s typically associated with UCL surgery. GM Dana Brown indicated back in October (as noted by MLB.com) that Javier could return as soon as late July. That would be shortly after the All-Star break and roughly 14 months after he went under the knife, though Javier’s more general second half timetable suggests at least some possibility of him returning later than previously anticipated. It’s surely not how the Astros were hoping things would go when they signed Javier to a five-year, $64MM extension prior to the 2023 campaign. The righty is due to make $10.4MM in 2025 as part of that contract before his salary jumps to $21.4MM for the final two years of the deal.

The Astros are surely hoping the right-hander will be able to return to the form he flashed in 2022, when he posted a 2.54 ERA (150 ERA+) and a 3.16 FIP in 148 2/3 innings of work before turning in a strong performance during the club’s championship run in October. He hasn’t been quite the same pitcher in the years since then, with a pedestrian 4.44 ERA (95 ERA+ and 4.61 FIP in 38 starts since the start of the 2023 season, but it’s not hard to imagine the soon to be 28-year-old hurler getting things back on track once he’s fully healthy. With Framber Valdez set to hit free agency following the 2025 season while both McCullers and Garcia are schedule to enter the open market the following winter, it would make sense if Houston decides to take things slowly with Javier as he works his way back from surgery given his importance to the long-term outlook of the club’s rotation.

Fortunately for Houston, they figure to be reasonably well-equipped to handle an extended absence for Javier should his time on the injured list bleed into August. The club’s projected Opening Day rotation figures to feature Valdez, Hunter Brown, Spencer Arrighetti, Ronel Blanco, and freshly acquired youngster Hayden Wesneski. Reinforcements should become available to the club throughout the season, as well. While Garcia and McCullers are no longer expected to be ready for Opening Day, Alexander notes that the latter has already resumed throwing off a mound and GM Dana Brown indicated yesterday that Garcia has resumed throwing as well. That would make a return early in the season feasible for both players, with France also seemingly likely to return over the summer and buy Javier extra time to rehab if necessary.

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