Trade Deadline Outlook: Colorado Rockies

MLBTR's team-by-team look at the upcoming trade deadline continues with a look at the Colorado Rockies, who are on pace to break the 2024 White Sox' modern-day record for losses in a single season. General manager Bill Schmidt's club is on pace for a staggering 37 wins this season -- a mark that 23 of the game's 29 other clubs have already reached as of late June. The Rockies are a clear seller -- or at least, they should be. The Rox typically march to the beat of their own drum, however, and owner Dick Monfort seems particularly averse to any large-scale sell-offs.

Still, given the Rockies' historic futility in 2025, the expectation is that they'll move some veteran pieces, while the fan base's hope might be for an uncharacteristically active deadline on the sell side of things.

Record: 18-62 (0% playoff odds, per FanGraphs)

Other series entries: Giants, Phillies, Pirates, Astros, Marlins

Sell Mode

Impending free agents: Germán Márquez, Thairo Estrada, Austin Gomber, Kyle Farmer, Orlando Arcia

Márquez has been a pillar for the Rockies' staff since coming over in a 2015-16 offseason trade that sent outfielder Corey Dickerson to the Rays. The Rox have resisted trading him in the past, twice signing him to extensions. He's now in his first full season post-Tommy John surgery, earning $10MM. There'll be about $3.17MM of that sum yet to be paid out of as of deadline day. Márquez got out to an awful start but has turned in a 3.21 ERA in 47 2/3 innings over his past nine starts (though that includes six unearned runs in his last start against the Dodgers). His 17.6% strikeout rate in that span is nowhere near peak levels, but his command has been good and he's averaging better than 95 mph on his heater. Plenty of teams would look at Marquez's velocity and track record of missing bats and think they could turn him around further.

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Royals’ Picollo On Trade Deadline Approach

The Royals dropped their fifth straight game last night, falling 4-0 to the Rays. They’re now 38-43, dropping into fourth place in the AL Central behind a Twins club that has also struggled mightily over the past couple weeks. After playing winning baseball in both April and May, the Royals are 7-15 in June, due largely to an offense that has consistently struggled to produce runs. They’ve been shut out in consecutive games and have been held to two or fewer runs in five straight.

Like most clubs around the league, the Royals don’t seem inclined to punt on the season anytime soon. General manager J.J. Picollo told Anne Rogers of MLB.com earlier this week that so long as the team is in “striking distance” of a postseason spot — Kansas City is presently four games back from a Wild Card berth — there’s no sense in panicking and thinking the season is over. “…[T]here are just too many games left in the season,” said Picollo.

If anything, the Royals’ baseball ops leader gives the tone of someone hopeful of adding to the club barring a major collapse. Picollo used phrases like “trying to build off of something that was really positive last year” and referenced the importance of repeat playoff appearances to the city and fan base. MLBTR readers are encouraged to check out Rogers’ entire interview, as it contains several quotes from the Royals’ GM on his mindset and the team’s situation with the deadline beginning to appear on the horizon. Notably, Picollo implied that there’d perhaps be more willingness to part with talent if he were acquiring a player with multiple years of club control (presumably, a bat to bolster a flailing Royals offense):

“If you get a lot of years of control, there are some guys you might not have wanted to trade, but are more willing to do it because you’re getting a Major League player for a number of years,” said Picollo before emphasizing the importance of keeping an open mind in trade talks. The GM went on to add that owner John Sherman has promised support of whatever direction Picollo recommends.

If the Royals are to add, the middle of the lineup would be an obvious starting point. Kansas City’s 263 runs scored this season rank last in Major League Baseball. Royals hitters entered play Thursday tied for 19th in the majors with a .244 batting average but rank 26th with a collective .298 on-base percentage and 27th with a .366 slugging percentage. Only the Pirates (55) have fewer than Kansas City’s 56 home runs. Major league home run leader Cal Raleigh has equaled 57% of the Royals’ team-wide home run output.

Entering Thursday, the Royals only had three league-average or better hitters, per the wRC+ metric (excluding Luke Maile and his 10 plate appearances). Vinnie Pasquantino‘s .266/.325/.405 batting line comes out to exactly average (100 wRC+) after weighting for the Royals’ home park. Bobby Witt Jr. has been excellent but not nearly as good as last year’s MVP-caliber season, hitting .282/.338/.484 (121 wRC+). Maikel Garcia, meanwhile, has erupted with a .310/.369/.484 slash that’s 37% better than average.

Not only are those the only three hitters producing at average or better rates — no one else is even close. Jonathan India was acquired over the winter in hopes of providing some needed on-base help at the top of the lineup. He’s batting .236/.313/.330 (80 wRC+). Salvador Perez has been a rock in the heart of the lineup at Kauffman Stadium for more than a decade, but age and an ironman workload behind the plate for so many years may be catching up to him, if the 35-year-old’s .232/.273/.387 line (77 wRC+) is any indication. Top prospect Jac Caglianone has struggled to a .186/.240/.314 output through his first 75 plate appearances replacing the released Hunter Renfroe. Outfielders Drew Waters and Kyle Isbel are receiving regular playing time, but neither is hitting.

The Royals rank in the bottom-four of all major league teams in terms of production from their second basemen (.215/.295/.293, 29th), left fielders (.225/.295/.314, 27th) and designated hitters (.205/.269/.329, 27th). That leaves ample room to explore upgrades, particularly since Garcia could theoretically slide from third base to second base if Kansas City were to find a controllable solution at the hot corner. Garcia has been primarily a third baseman in his career, but he’s played just shy of 500 professional innings at second base, including 339 over the past three big league seasons in Kansas City.

The Royals opened the season about $17MM shy of the franchise-record $143MM payroll. Granted, that high water mark was established under the late David Glass, who sold the team to Sherman in Nov. 2019. However, Picollo’s comment that Sherman pledged to be “‘open to anything you bring to me'” at the trade deadline bodes well for some support for a notable salary. There are surely limitations to that — it’s doubtful Kansas City was ever going to pick up the $250MM or so remaining on Rafael Devers‘ contract, for instance — but the addition of a mid-range contract seems feasible.

That’s particularly true if it extends beyond the current season, as the Royals only have $50MM in guaranteed money on next year’s books. They’ll owe notable arbitration raises to Garcia, Pasquantino, Kris Bubic, Daniel Lynch IV and Lucas Erceg (among others).

Mets Notes: Vientos, Manaea, Outfield

Mets third baseman Mark Vientos, out more than three weeks due to a hamstring strain, tells the team’s beat that he expects to be activated from the injured list tomorrow (via Will Sammon of The Athletic). The Mets will need to make a decision as to how they’ll create active roster space for Vientos. Fellow young infielders Brett Baty and Ronny Mauricio are both struggling at the moment, as is outfielder/designated hitter Jared Young.

The 25-year-old Baty shook off a terrible start to the season, finding his swing in mid-April and slashing .296/.352/.580 over his next 89 plate appearances. That production came in a fairly limited role — those 89 turns at the plate came over a span of about six weeks — but it was encouraging from the former top prospect. He’s since fallen back into a swoon, hitting just .179/.233/.299 this month (albeit with five hits in his past three games).

Mauricio, 24, has popped three homers in 62 plate appearances but slashed only .224/.274/.414 overall. He’s fanned at a 30.6% clip and has just eight hits in his past 41 plate appearances (including a home run last night). That marks his first MLB action since 2023. He missed the entire 2024 season after suffering a torn ACL during winter ball in the 2023-24 offseason.

Young, 29, is a journeyman in his first season with the Mets organization. The former Cubs and Cardinals farmhand posted huge numbers in the Korea Baseball Organization last year and has produced well in Triple-A Syracuse, but he’s hitting just .171/.227/.415 in 44 big league plate appearances. Like Mauricio, he’s swatted three homers in minimal playing time but generally struggled outside that flash of power.

Both Baty and Mauricio are in the last of their option years. Mauricio was already optioned once this season but spent fewer than 20 days in the minors and thus technically has not yet burned that final option year. Young has still has an option remaining beyond the current season.

A healthy Vientos could go a long way toward rejuvenating some of the Mets’ floundering offense — at least if he can get back to his 2024 form. The former second-round pick broke out with a .266/.322/.516 slash and 27 homers in just 111 games last year, but he’s hitting only .230/.298/.380 in 2025 — despite lowering his strikeout rate from 29.7% to 23.6%.

The Mets are also eagerly awaiting the return of left-hander Sean Manaea. The rotation suffered a pair of losses in the past two weeks, with both Kodai Senga (hamstring) and Tylor Megill (elbow) hitting the injured list. Frankie Montas returned and pitched well in his season debut this week, which helps to patch over some of that lost depth, but Manaea was arguably the Mets’ best starter down the stretch last season and is ticketed for a key role in the rotation.

Manaea has been out with an oblique strain. He was gearing up for a return and progressing through a rehab assignment when, earlier this week, imaging revealed a loose body in his elbow. President of baseball operations David Stearns downplayed concerns that it’s a serious issue. Manaea received an injection and was shut down for a couple days. MLB.com’s Anthony DiComo reports that Manaea is playing catch today — his first throwing since that injection — and remains on track to return at some point next week.

Setbacks or new injuries for any of Senga, Megill, Montas or Manaea could guide the Mets’ approach at the trade deadline, but for now it seems the expectation is that there are no catastrophic injuries among them. Megill is about 10 days into what’s expected to be an absence of four to five weeks, at least, but that’s the longest-reaching outlook.

A greater need at the deadline could rest in the outfield. Mets outfielders are among the most productive group in the majors overall, but a disproportionate amount of that production has come from scorching-hot Juan Soto and continued steady production from Brandon Nimmo in left field. Mets center fielders are batting just .240/.302/.364 as a group this season, and the resulting 88 wRC+ checks in 18th in the majors. Even that modest batting line is a bit misleading, as it includes productive small-sample output from both Nimmo and Jeff McNeil. Tyrone Taylor has received the lion’s share of center field reps in 2025 but batted just .227/.284/.333 when patrolling the position. Jose Siri, José Azocar and Luisangel Acuña have combined for 31 plate appearances in center field and hit poorly as well.

McNeil is doing fine work at the plate and even robbed Marcell Ozuna of a home run in center the other day, but he had all of 16 major league innings of experience at the position entering the season. The Mets are currently choosing between McNeil’s hot bat and Taylor’s steady glove in center on any given day, but an acquisition could change that.

SNY’s Andy Martino writes that he expects the Mets to be in the market for a center fielder over the next five weeks, speculating on the possibility of Baltimore’s Cedric Mullins and Boston’s Jarren Duran. There’s no indication the Mets have reached out to inquire on either AL East outfielder, to be clear, nor have either the Orioles or Red Sox signaled that they’re planning to operate as deadline sellers. Still, given the struggles of most of the Mets’ center fielders, it’s a natural area of focus, and those would be two logical targets among a broader base of possible trade candidates.

If two of Vientos, Baty, Mauricio and Acuña were hitting well enough to justify regular playing time, perhaps living with McNeil playing out of position in center would be more palatable. As it is, with that quartet scuffling — Acuña has already been optioned to Syracuse — there’s an argument to be made that the Mets ought to shift McNeil back to the more familiar position and explore some center field possibilities as the deadline draws nearer. There’s still plenty of time for that group of young infielders to get right at the plate, and their performance over the next month will be telling, as it’ll likely have a direct impact on the team’s goals.

Mariners Place Rowdy Tellez On Release Waivers

June 26: The Mariners announced Thursday that Tellez is on unconditional release waivers. Assuming he clears, he’ll be free to sign with any team for the prorated league minimum.

June 20: The Mariners have designated first baseman Rowdy Tellez for assignment, per a team announcement. His spot on the roster will go to outfielder/first baseman Luke Raley, who’s been activated from the injured list after missing seven weeks with an oblique strain.

Tellez, 30, is in his eighth big league season and has popped 11 home runs while serving as Seattle’s primary first baseman. Early in the year, he was expected to see more time at designated hitter for skipper Dan Wilson, but the injury to Raley and ongoing injury issues for infielder Jorge Polanco (who was accordingly relegated to DH work) pushed Tellez into the field on a regular basis.

After a disastrous start to his season, Tellez righted the ship in mid-April and has been a serviceable but flawed source of power in the heart of the Mariners’ order. He reached base just once in his first 23 plate appearances but has since swatted 11 homers and slugged .484. That power comes with a low average and bottom-of-the-barrel OBP, however. Tellez rarely walks, is easy to position against defensively due to his extreme-pull approach, and is measured by Statcast as the slowest player in baseball (eliminating virtually any chance of him reaching via infield hit).

Dating back to April 11, Tellez has taken 162 turns at the plate and is hitting .229/.265/.484. He’s been shielded almost entirely from left-handed pitching, receiving just 14 plate appearances and reaching base only twice (one single, one hit-by-pitch). He’s hitting .219/.257/.463 against right-handed pitching this year.

With Raley nearing a return, it seemed likely that either Tellez or fellow veteran first base option Donovan Solano could be pushed off the roster. Since both Tellez and Raley hit left-handed, the Mariners opted to move on from the veteran who can keep a platoon intact. Solano has helped his cause by hitting better over the past month, albeit in an excessively limited role. He’s batted .333/.394/.467 since May 20 but done so in only 33 plate appearances (26 of them against lefties).

For the time being, Solano and Raley will presumably platoon at first base. That’s not an ideal setup, as Raley is more comfortable in the outfield than at first and Solano has struggled this season overall. The Mariners will, at the very least, likely explore the trade market for righty-swinging options at first base in the weeks ahead. Dominic Canzone has provided slightly better-than-average offense in right field since being called up earlier this month (.233/.303/.400 in 33 plate appearances), but if he struggles like he has in two prior MLB seasons, the Mariners could move Raley to right field. That would set them up to either give prospect Tyler Locklear a run at first base or explore the trade market for a full-time upgrade either at first base or in right field.

The Mariners will have five days to trade Tellez or place him on waivers. He originally signed a minor league contract with Seattle but locked in a $1.5MM salary when he made the roster after a big spring performance. He’s still owed about $806K of that sum, as of this writing.

Any team that claims Tellez off waivers would assume the entirety of that remaining salary. If the M’s find an interested trade partner, they could include some cash to offset the salary in exchange for what would still likely be a nominal prospect return. Since waivers are a 48-hour process, we’ll know the outcome of Tellez’s DFA within a maximum of one week’s time. In the event that he clears waivers, Tellez has enough service time to elect free agency and retain the remaining money on this year’s salary.

Cubs Designate Michael Fulmer For Assignment

The Cubs have designated right-hander Michael Fulmer for assignment, per a team announcement. That move will clear space on the active roster for the reinstatement of lefty Shota Imanaga, who’ll return from the injured list to start today’s game.

Fulmer only joined the big league club last week. He’d been pitching well with Chicago’s Triple-A affiliate in Iowa, working to a 2.96 ERA with a 32% strikeout rate and 11% walk rate in 24 1/3 innings. His two appearances with the Cubs were strong. He totaled three innings and held opponents scoreless on just two hits and no walks with one strikeout.

This is the second DFA of the season for Fulmer, the 2016 American League Rookie of the Year winner with the Tigers. He opened the season as a member of the Red Sox, having signed a two-year minor league deal in the 2023-24 offseason as he rehabbed from Tommy John surgery. He made just one big league appearance with the Sox, allowing three runs in 2 2/3 innings, before being designated there as well.

Now 32 years old, Fulmer broke into the majors with 26 starts and 159 innings of 3.06 ERA ball for the ’16 Tigers, claiming Rookie of the Year honors in the process. He was a key member of Detroit’s rotation for the next couple seasons before injuries intervened. In addition to Tommy John surgery, Fulmer has also undergone an ulnar nerve transposition procedure in his right arm as well as surgery to repair a meniscus tear in his knee. Detroit moved him to the ‘pen early in 2021, and he went on to pitch quite well as a closer and setup man between the Tigers, Twins and Cubs over the next two-plus seasons.

While he’s not the high-end starting pitcher he was early in his career or even the hard-throwing, high-leverage reliever he was from 2021-23, Fulmer has generally looked solid in his first full season back from that UCL replacement. He’s pitched 36 innings of 3.00 ERA ball in Triple-A, averaging 92.7 mph on his heater there — he sat 94.3 mph in his two major league outings with Chicago — and pitched well in his latest MLB look.

The Cubs will have up to five days to explore trades before Fulmer must be placed on waivers to ensure that his DFA is resolved within the one-week maximum. (Waivers take 48 hours to process.) He can be waived at any time prior, of course. If Fulmer passes through waivers unclaimed, he’ll have the right to reject an outright assignment to a minor league affiliate with the Cubs and instead explore opportunities with the league’s 29 other teams.

Tigers Designate Matt Gage For Assignment

The Tigers have designated left-handed reliever Matt Gage for assignment, per Cody Stavenhagen of The Athletic. His spot on the roster goes to lefty Dietrich Enns, whose contract has been formally selected from Triple-A Toledo (a move that was first reported earlier in the week).

Gage, 32, signed a minor league deal over the winter and was selected to the big league roster a couple weeks ago. He’s tossed 5 2/3 shutout innings out of A.J. Hinch’s bullpen, albeit with a sub-par 3-to-2 K/BB ratio (12% strikeout rate, 8% walk rate). It’s the third season in which Gage has seen major league time. Despite having enjoyed success in small samples during all three seasons — Gage has a career 1.42 ERA — he’s only gotten 25 1/3 innings in the big leagues.

Detroit is Gage’s third major league team in three seasons. He’s also suited up for the Blue Jays and Astros. The lefty has fanned 22.5% of his opponents against a 10.8% walk rate. He’s never been an especially hard thrower, but this year’s 91.9 mph average fastball is down noticeably from the 94 mph he averaged with the Astros in 2023. Be that as it may, Gage pitched well with the Tigers and was excellent in Triple-A Toledo prior to his promotion as well: 32 1/3 innings, 1.67 ERA, 22.8% strikeout rate, 3.3% walk rate. That’s Gage’s seventh season logging time in Triple-A. He has a career 4.64 earned run average at the top minor league level. He’s logged a 4.64 ERA in 316 1/3 innings there and recorded a 20.9% strikeout rate with an 8.1% walk rate.

Gage is out of minor league options, so the Tigers didn’t have the ability to simply send him to the minors without first exposing him to waivers. Now that he’s been designated for assignment, he can be traded or placed on waivers at any point in the next five days. Waivers are a 48-hour process, so we’ll know within the next week what Gage’s next step is. Because Gage has been outrighted in the past, he’ll have the option to elect free agency and explore opportunities with other teams if he passes through waivers unclaimed once again.

MLB Mailbag: Helsley, Giants, Rangers, Brewers, Gore, Cubs, Padres

This week's MLBTR Mailbag looks at Ryan Helsley's value, potential upgrades for the Giants, some Rangers trade candidates, the Brewers' infield, MacKenzie Gore's breakout and why he's a difficult trade candidate to envision, the Cubs' bench, the Padres' outfield and more!

Let's dive in!

Sam asks...

Given Helsley's dip in performance this year, would the Cardinals get more future value/prospects by trading him or offering a QO? This questions assumes that the decision is made entirely on boosting the farm system, not with any considerations for this year's team or the '25 playoffs.

The assumption there is important, as I'm not at all convinced the Cardinals will trade Helsley given the manner in which they've trounced preseason expectations from just about everyone (myself one thousand percent included). From a pure look at future value, though, the more prudent move to gain future value is to trade him before July 31. Holding him makes further assumptions than the one you listed in this question; it assumes that Helsley will stay healthy and that he'll pitch well enough to merit a qualifying offer at season's end. Neither is a given.

Further, there's no certainty that he'd sign a contract worth $50MM or more even if he rejects a qualifying offer. That's the threshold needed to secure a compensatory pick after the first round of the draft. If Helsley signed for under $50MM, that comp pick would come between Competitive Balance Round B and the third round, some 40 picks later.

If Helsley is healthy and pitching well, there's a good case for him to land that $50MM+, but we can't assume he gets it. There have been instances in the past of relievers turning down a QO, seeking a massive payday, and lingering in free agency because their initial ask was too high and because teams had exhausted their offseason budgets by the time that asking price came down. Cardinals fans should be quite familiar with this phenomenon; it's how Greg Holland landed in St. Louis back in 2018.

So, there's a lot of presumption just to get to the point where the Cardinals select in the No. 31-35 range with the comp pick for Helsley -- and then there's the matter of actually drafting the correct player there as well. There are obvious, bigger-picture benefits to adding that pick's slot value to the team's 2026 draft budget, but the best way to maximize that value is to land a high-quality prospect there. Let's run through the recent history of players selected with QO compensation picks after the first round:

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Latest On Cubs’ Rotation Targets

The Cubs are on the hunt for rotation upgrades — a fact that’s both been widely reported and publicly confirmed by president of baseball operations Jed Hoyer. It’s easy enough to see why. Ace Justin Steele was lost for the season due to elbow surgery back in April. Shota Imanaga is returning to the rotation tomorrow, his first start since a hamstring injury sent him to the 15-day IL back on May 4. Javier Assad hasn’t pitched this year due to multiple oblique strains. Young right-hander Ben Brown was optioned to Triple-A yesterday amid ongoing struggles. Swingman Colin Rea, moved into the rotation during that injury deluge, has begun to struggle after initially excelling in a starting role.

Few teams have decided on a deadline direction yet, but Chicago has already been in contact with some clubs that know they’ll operate as sellers. Ken Rosenthal of The Athletic reports that the Cubs have inquired on Marlins right-handers Sandy Alcantara and Edward Cabrera. USA Today’s Bob Nightengale writes that the Cubs also have some interest in Pirates righty Mitch Keller (as well as closer David Bednar). He adds that they’ve kept tabs on A’s righty Luis Severino before quickly downplaying the possibility that the Athletics would actually trade the veteran right-hander in the first season of his three-year, $67MM contract.

There are surely other names on the Cubs’ radar, but the early connections are notable. That’s particularly true on the heels of 670 The Score’s Bruce Levine reporting earlier this week that the Cubs are being aggressive and are hoping to push something across the finish line well ahead of next month’s deadline — perhaps even within the next week to ten days (audio link). Levine suggested that Alcantara was not the likeliest target and that someone a bit more under the radar was more probable.

The Marlins duo stand as obvious trade candidates. Alcantara entered the season as perhaps the most plain-as-day trade candidate in the sport. The 2022 NL Cy Young winner is in his first full season back from a Tommy John procedure that cost him all of the 2024 campaign. He’s earning $17MM this year and next, and the Marlins hold a $21MM club option for the 2027 season.

Alcantara, 29, didn’t do his trade candidacy any favors early on. He pitched to an awful 8.47 ERA through the end of May, striking out only 16.9% of opponents against a 12.2% walk rate along the way. He’s since shown signs of life. Alcantara has pitched 23 innings over his past four starts and allowed a total of seven runs (2.74 ERA) on 18 hits and five walks with 19 strikeouts (20.4 K%, 5.4 BB%). His 46.4% grounder rate in that time is comfortably better than average but a ways from its 53.4% peak. His fastball velocity hasn’t been much of a question all year, averaging better than 97 mph — 97.6 mph over his past four starts. That’s down a slight bit from his 98 mph average pre-surgery, but not by an alarming measure.

If Alcantara can continue distancing himself from that bleak two-month start and continue resembling his 2022 self, the chances of a trade will only increase. Every club with even a glimmer of postseason contention would love to add the two-time All-Star with his ability to its staff, particularly when considering the relatively affordable nature of his salary under the terms of the contract extension he signed a few years back. The asking price on Alcantara figures to be steep, however, and the Marlins may wish to hold him a bit longer to allow him to continue posting improved results and further drum up interest. If that’s the case, the timing may not align with Chicago’s more urgent push for a starting pitcher.

Cabrera, 27, isn’t as well-known as his teammate but was a highly touted pitching prospect himself prior to his big league debut. He’s shown glimpses of that potential in the past, but the 2025 campaign thus far has the makings of a possible breakout. In 59 innings, Cabrera has pitched to a 3.81 ERA with a 24.8% strikeout rate, a 10.2% walk rate and a 42.9% ground-ball rate. He’s averaging a career-best 96.7 mph on his four-seamer, has ramped the usage of his sinker up to a career-high 23% and is throwing more sliders than he has in the past two seasons.

Cabrera entered the 2025 season with 2.147 years of major league service. That was enough for him to reach Super Two designation, meaning he’s already gone through the arbitration process once, coming away with a modest $1.95MM salary. He’ll be owed a raise in each of the next three offseasons before hitting free agency following the 2028 season. He’s nowhere near as established as Alcantara or Keller — Cabrera has never even pitched 100 innings in a big league season — but his power arsenal, low salary and that remaining club control hold obvious appeal.

Turning to the Pirates, Keller is a sensible enough trade candidate, even though the Bucs probably aren’t in a rush to trade him. He’s only in the second season of a five-year, $77MM contract. The former second-round pick and top prospect is earning $15MM this year, and that extension (which tacked four years and $71.6MM onto his previously agreed upon arbitration salary for 2024) calls for salaries of $16.5MM, $18MM and $20MM in the three subsequent seasons.

Keller has appeared in at least 31 games in each of the past three seasons and is on pace to do so again in 2025. He’s started 16 games and totaled 94 innings with a 4.02 ERA, an 18.5% strikeout rate, a 6.1% walk rate and a 45.5% ground-ball rate. That strikeout rate is down from 23.5% he posted in 2023-24, but Keller is getting more grounders and issuing fewer walks than in those seasons. His velocity is down about a half-mile per hour from last year, with his average four-seamer clocking in at 93.9 mph and his average sinker at 92.8 mph. Keller has made some alterations to his pitch selection, throwing his sinker less and his slider at a career-high 34.9% rate. He’s also ditched his cutter and is reincorporating a changuep that he effectively shelved for 2024.

The possibility of an intradivision trade with a player of this caliber is fascinating, if only because it rarely occurs. The Pirates are deep in pitching talent, however, with Paul Skenes anchoring the rotation and Bubba Chandler — perhaps MLB’s top pitching prospect — seemingly ready to go in Triple-A. Bailey Falter is a relative veteran at this point, and the Pirates have a deep stock of additional young arms including Mike Burrows, Braxton Ashcraft, Thomas Harrington and Hunter Barco. Jared Jones underwent Tommy John surgery this summer but looked promising as a rookie last year. Johan Oviedo was a solid fourth starter in 2023 before his own Tommy John procedure. Veteran Andrew Heaney is eating innings in the rotation right now but seems like a lock to be traded before the deadline if he’s healthy.

Whether that depth would be enough to persuade the Pirates to part with Keller is an open question. This is Ben Cherington’s sixth year as Pirates general manager, and the Bucs haven’t won more than 76 games in a season during his tenure. Trading Keller would be more akin to the large-scale rebuilding moves made earlier in his tenure, but if a trade partner were to give up immediate MLB talent, it wouldn’t necessarily indicate a step back. Dealing from a position of strength and then using the money that had been earmarked for Keller to bolster other areas of the staff could make good sense. Of course, given the Pirates’ history, it can’t be assumed that owner Bob Nutting would just pump Keller’s salary right back into the payroll by way of offseason free-agent signings or trade acquisitions.

From the Cubs’ stance, Keller or Alcantara would fit nicely into the payroll (and Cabrera even more so, of course). They’re veterans on the sort of mid-range contracts Cubs ownership seems to prefer with regard to pitchers.

The Cubs only have about $123MM in guarantees on the books next year, though that number will almost certainly rise to $138MM when the team picks up a three-year club option on Imanaga. Even still, that leaves plenty of room for Keller, Alcantara or just about any other rotation target. Assuming that Imanaga option is exercised, he and Dansby Swanson will be the only players signed beyond 2026. The Cubs obviously hope to extend Pete Crow-Armstrong and re-sign Kyle Tucker, but those goals arguably only increase the importance of finding some cost-effective ways to round out the starting staff.

Dombrowski: Phillies Focused On Bullpen Help

The Phillies enter deadline season as clear buyers, sitting atop the NL East with a 47-32 record — the third-best record of any club in the game. It’s a familiar refrain, but president of baseball operations Dave Dombrowski made clear this week in interviews with Daniel Alvarez Montes of El Extrabase and Jayson Stark of The Athletic that his focus will be on adding to the bullpen.

“Our starting pitching’s so good,” Dombrowski told Alvarez Montes. “When [Bryce] Harper comes back, our lineup is in pretty good shape at that time. It’s probably bullpen is our biggest focus.”

Dombrowski offered similar sentiments in his chat with Stark and podcast co-host Doug Glanville, though he expanded a bit deeper. While the Phils clearly have a need for some relief help, The longtime baseball ops leader reminded that lefty José Alvarado will be back for the end of the regular season, which will be a boost to the team’s bullpen. Because Alvarado is serving an 80-game PED ban, he’s ineligible for this year’s postseason, but Dombrowski noted that his club will likely shift multiple members of its vaunted rotation into the ‘pen for the postseason, just as one of his former teams — the 2018 Red Sox — did to great effect when plugging Nathan Eovaldi and David Price into the playoff bullpen.

That’s not to say the Phillies won’t go out and add a bullpen arm (or perhaps even two). Dombrowski is nothing if not aggressive and straightforward when his team has a need. He emphasized to Stark and Glanville that winning opportunities only come around so often and should not be taken for granted, even if it means “you may give up a little more than you would want to in other circumstances.”

[Related: Philadelphia Phillies Trade Deadline Outlook]

Dombrowski pointed back to his 2022 trade of righty Ben Brown to Chicago in exchange for David Robertson as one such example, noting that it was a painful decision that was made out of what he believed to be strong pitching depth in the system and a major league roster that was capable of making a deep postseason run. Brown, 22 at the time, was ranked as the Phillies’ No. 7 prospect at Baseball America and was ready for a bump from High-A to Double-A. Robertson was a pure rental but in the midst of a terrific rebound season for the Cubs. He went on to pitch well for the Phils down the stretch and into the postseason. Brown was in the majors less than two years after the trade. He’s struggled in 2025 (and was optioned yesterday) but pitched quite well for Chicago last year and is still viewed as a viable long-term member of the pitching staff.

Phillies relievers currently rank 25th in the majors with a 4.63 ERA. They’re slightly better when it comes to FIP (4.24, 22nd) and SIERA (3.78, 15th). The Philadelphia bullpen has a 22.2% strikeout rate that’s right in line with the 22.4% league-average for relievers, and their 8.8% walk rate is a bit shy of the 9.4% league-average mark. However, the group has been far too homer-prone overall, sitting with a 1.29 HR/9 mark that is tied for the second-worst mark in the majors.

The Phillies have gotten generally good work from Matt Strahm, Orion Kerkering, Tanner Banks and (before he was suspended) Alvarado. Offseason signee Jordan Romano struggled considerably in the season’s first month but has posted a 2.95 ERA with a huge 35.6% strikeout rate and 9.6% walk rate over the past two months. Taijuan Walker, moved from the rotation to the bullpen, has shown flashes of excellence — he tossed three scoreless innings of one-hit ball and fanned seven Rays in a relief outing back in May, for instance — but has been inconsistent and stumbled as of late.

Stark did touch on other topics with Dombrowski, notably wondering whether the Phillies might be open to moving Harper back to the outfield if the opportunity to acquire a right-handed-hitting first baseman presented itself. The Phillies’ president declined to speak in absolutes but said he would strongly prefer not to do so, citing Harper’s defensive acumen at first base. In more general terms, Dombrowski downplayed the possibility of adding a bat in any capacity, pointing to previous trade deadlines where he’s promoted players from the farm rather than make an outside acquisition. Twenty-five-year-old Otto Kemp, who hit .313/.416/.594 in Triple-A before a recent promotion to the majors, is currently getting a look and was mentioned specifically by Dombrowski.

Dombrowski also spoke in broad terms about hoping to re-sign Kyle Schwarber and J.T. Realmuto after the season, as both are up for free agency this winter. Phillies fans, in particular, will want to check out both interviews, which clock in around six minutes (Alvarez Montes) and 30 minutes (Stark/Glanville) in length.

White Sox Sign Noah Syndergaard To Minor League Deal

4:05pm: Per Jon Heyman of The New York Post, Syndergaard gets $30K per month in the minors. If he’s selected to the majors, he gets a base salary of $1.75MM, though that would presumably be prorated to account for the portion of the season that has already transpired. He can earn an extra $50K by logging 40 innings and $100K each for getting to 55 and 75 innings. He also has a release clause if he’s not in the majors prior to August 1st.

8:47am: The White Sox have signed former All-Star righty Noah Syndergaard to a minor league contract, per James Fegan of Sox Machine. The CAA client is headed to the team’s spring complex in Arizona to build up.

Syndergaard, 33 in August, hasn’t pitched in the majors since splitting the 2023 season between the Dodgers and Guardians. The former Mets star was one of the sport’s most promising young arms from 2015-19 before injuries derailed his career. Syndergaard posted a combined 3.31 ERA with a 26.4% strikeout rate and 5.6% walk rate in 716 innings over that five-year period but never got back on track after multiple arm injuries, most notably including Tommy John surgery.

The Angels signed Syndergaard post-surgery, shelling out a hefty $21MM on a one-year deal and forfeiting a draft pick — the Mets had issued him a qualifying offer — in hopes he’d recapture his ace form. He pitched more like a fourth starter with the Halos, logging a 3.83 ERA with a below-average strikeout rate and a heater that was down more than three miles per hour. They traded him to the Phillies for Mickey Moniak at the ’22 trade deadline, and he gave Philadelphia a similar performance.

A 2023 deal to join the Dodgers didn’t pan out, and L.A. swapped him out for another underperforming veteran (Amed Rosario) in a deadline deal with Cleveland that year. Syndergaard didn’t pitch well with either club and wound up being released by the Guardians about a month after the trade. He opted not to sign anywhere for the 2024 season despite rumored interest from the Padres and Pirates. Midway through last summer, it was reported that Syndergaard was setting his sights on a 2025 comeback. That’ll manifest in the form of an early-summer deal with a rebuilding White Sox club that can provide ample opportunity.

All told, Syndergaard has pitched only 225 1/3 innings in the majors since returning from Tommy John surgery. He’s pitched to a 4.99 ERA in that time with a 15.9% strikeout rate that’s nowhere close to his prior standards. Syndergaard averaged 98.6 mph on his fastball at peak, per Statcast, but has sat 93.2 mph post-surgery — including a 92.2 mph average between Cleveland and Los Angeles in 2023.

With the prevalence of Tommy John surgery in today’s sport, it’s easy to presume the surgery will be a 14-month (give or take) bump in the road for pitchers — one from which they’ll bounce back to full strength or something close to it. Syndergaard is a key reminder that such surgeries are major procedures that come with no promise of rebounding to full strength, or even an approximation of peak form. Hopefully, he can get back on track with the South Siders, but given his post-surgery performance and a big league layoff now approaching two calendar years, Syndergaard is more or less a risk-free lottery ticket for GM Chris Getz’s club.