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Pirates Interested In Alex Verdugo

By Steve Adams | January 7, 2025 at 11:22am CDT

It’s been a pretty quiet offseason for the Pirates, with their most prominent moves to date including the acquisition of first baseman Spencer Horwitz (in exchange for righty Luis Ortiz) and the re-signing of franchise icon Andrew McCutchen on another one-year, $5MM deal. The Bucs were said last month to be exploring the bullpen and corner outfield markets, and that appears to still be the case. Robert Murray of FanSided more specifically reports that Alex Verdugo is one name in whom the Pirates have interest.

Verdugo, 29 in May, is coming off a down season with the Yankees — his lone season in the Bronx. The former second-rounder and top prospect got out to a big start in his lone Yankees season, slashing .275/.362/.450 through his first 140 plate appearances. He tanked thereafter, posting just a .221/.270/.330 slash over his final 480 trips to the plate. Overall, he finished out the season with a .233/.291/.356 batting line — about 17% worse than league-average, by measure of wRC+.

Ugly as those results were, they stand as something of an anomaly in contrast with the rest of Verdugo’s career. While he’s never broken out into stardom, Verdugo was a solid regular in the outfield corners from 2019-23, batting a combined .283/.338/.432 in 2448 plate appearances with the Dodgers and Red Sox from 2019-23. That’s “only” about six percent better than league average, but he coupled that production with quality corner outfield grades (per both Defensive Runs Saved and, to a lesser extent, Outs Above Average). Verdugo has never been a big power bat — he’s reached a career-high 13 home runs in three different seasons, including 2024 — but rarely strikes out (career 15.1%). He’s tied for fifth in the majors in doubles dating back to 2020.

Verdugo’s lack of over-the-fence pop and his middling finish to the 2024 season combine to drag down his earning power in free agency. Given his lackluster ’24 showing and his age, he seems likely to take a one-year deal and return to the market next winter, hopefully on the heels of a steadier and more productive performance. He’d still only be entering his age-30 season, an age at which plenty of outfielders find lucrative multi-year deals.

Bucs fans may be exhausted with the notion of one-year deals for veteran rebound candidates, but that’s the free-agent reality in which the team typically operates under current ownership. Verdugo would fit the bill and fill a position of need. As it stands, Pittsburgh’s outfield projects to include Bryan Reynolds, shortstop-turned-center-fielder Oneil Cruz and perhaps Joshua Palacios, though in-house options like Jack Suwinski and Billy Cook could get consideration this spring as well. Verdugo would more prominently step into an everyday role alongside Reynolds and Cruz.

As things stand, the Pirates’ projected payroll is a paltry $79MM, per RosterResource. That’s about $8MM south of last year’s $87MM mark. Having filled their first base need inexpensively via the Horwitz acquisition, there ought to be additional (albeit modest) spending power to bring an outfielder of Verdugo’s caliber into the fold and perhaps still add a free agent reliever to the mix. Earlier in the offseason, the Phillies signed Max Kepler to a one-year deal worth a guaranteed $10MM. Verdugo is younger but has less power and defensive upside; a contract in that general range seems possible, but he doesn’t seem likely to command more than that.

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Pittsburgh Pirates Alex Verdugo

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Yankees Shopping Marcus Stroman

By Steve Adams | January 7, 2025 at 9:39am CDT

The Yankees’ eight-year deal for Max Fried gave them one of the deepest collection of major league starting pitching in the sport. Fried joined Gerrit Cole, Carlos Rodon, Luis Gil, Clarke Schmidt, Marcus Stroman and the since-traded Nestor Cortes in a long line of Yankee rotation options. While the trade of Cortes to the Brewers loosened that logjam (and significantly bolstered the bullpen, bringing Devin Williams in from Milwaukee), the Yankees still have six big league starters, most of whom are earning significant salaries. With that in mind, it’s not exactly surprising to see Bob Nightengale of USA Today report that New York is “actively trying to deal” Stroman.

Stroman’s name has already popped up in trade rumblings since the Fried signing. The Yankees pitched a Stroman-for-Nolan Arenado framework to the Cardinals, which was rebuffed by St. Louis. (Arenado has a no-trade clause, but the scenario was reportedly not even presented to the third baseman, as the Cardinals weren’t interested.) Given those efforts, it’s only natural that the Yankees have explored other possibilities as well.

Stroman, 34 in May, is entering the second season of a two-year, $37MM contract. He pitched decently during year one of the pact, logging a 4.31 ERA in 154 2/3 innings, but his strikeout rate (16.7%) and ground-ball rate (49.2%) were a far cry from his typical standards. Stroman punched out 21% of opponents from 2019-23 and kept the ball on the ground at a robust 53.2% clip over that same span. Similarly, the velocity on his sinker dipped quite a bit; from 2019-23, Stroman averaged 92 mph on the pitch (91.4 mph in ’23). In 2024, he averaged just 90 mph on that sinker.

Left-handed hitters, in particular, proved problematic for Stroman. They tagged him for a .296/.372/.474 batting line. He fanned just 14.3% of lefties, compared to 19% of fellow righties. With Stroman playing half his games at Yankee Stadium, lefties took full advantage of the short right-field porch. He surrendered 15 of his 19 home runs at Yankee Stadium in 2024 and pitched to a grisly 5.31 ERA at home. On the flipside, he sported a tidy 3.09 ERA on the road.

That road production and a generally successful track record should create at least some interest in Stroman elsewhere around the league, though perhaps not at the full freight of his $18.5MM salary this coming season. Trade discussions are surely complicated by the fact that the highly durable Stroman also has a vesting player option on his contract. With 140 innings pitched in 2025, he’d gain a player option for $18MM. Were that a club option, it wouldn’t be quite so problematic; that it’s a player option means that even if Stroman struggles or incurs a late-season injury, he’d be able to lock in that $18MM payday in 2026. Stroman has averaged 159 inning across the past five full seasons in which he’s pitched.

That player option, presumably, only creates more urgency for the Yankees to find a deal. They already have Cole, Fried and Rodon locked in for a combined $85MM in 2026 (including Fried’s slightly deferred signing bonus, which is paid half in 2025 and half in 2026). Schmidt will be in his third trip through arbitration as a Super Two player, while Gil will be in his first arb season in 2026. In total, it could mean a rotation earning a combined $100MM.

Stroman is arguably the sixth-best starter in that group of six at the moment, and paying him $18MM in 2025 and potentially again in 2026 understandably may not be a palatable course of action for the Yanks. That’s especially true when considering the team’s luxury tax status; they’re currently in the top penalty bracket for luxury status. Moving Stroman would trim more than $35MM in 2025 spending. The Yankees will be on the hook for 50-110% penalties on their luxury overages in 2026, depending on where the exact payroll ultimately lands. Again, that could mean a savings of $27-37MM, depending on if his player option comes into play.

While the player option surely gives other teams some pause, Stroman’s contract itself isn’t necessarily all that far underwater. The offseason has already seen 37-year-old Alex Cobb and 41-year-old Charlie Morton command $15MM one-year deals — Cobb’s coming after he made only three starts in 2024. Frankie Montas landed two years and $34MM with an opt-out upon signing with the Mets. The price for starting pitching has generally exceeded all expectations. Stroman at a year and $18MM, even with the conditional player option, isn’t necessarily egregious. Plus, if Stroman hits the 140 innings and pitches more like his 2021-23 self (3.45 ERA in 454 1/3 innings), he could well turn down the option and reenter free agency anyhow.

The Yankees aren’t likely to extract any kind of notable young talent in return for Stroman, but swapping him out for another veteran on a contract of some note or eating a portion of the contract and acquiring some longshot prospect help could still be feasible. There are still five weeks until pitchers and catchers report to spring training, and the market in recent offseasons has produced plenty of notable trades even after camps open. There should still be time for a deal to come together.

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New York Yankees Newsstand Marcus Stroman

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Tigers Sign Gleyber Torres

By Steve Adams | December 27, 2024 at 9:58pm CDT

The Tigers announced Friday that they’ve signed free agent infielder Gleyber Torres to a one-year, $15MM contract. Torres, an Octagon client, is expected to be Detroit’s regular second baseman in the upcoming season. The Tigers, one of the rare teams to publicly disclose contract terms themselves, added that Torres’ contract has a one-time, $500K assignment bonus (in the event that he’s traded to another club).

Torres, who turned 28 earlier this month, has spent his entire big league career to date in Yankee pinstripes. The once-vaunted top prospect looked like a breakout star in 2019 when he socked 38 home runs in just 144 games, but Torres wound up settling in as a solid regular at second base rather than the superstar shortstop he appeared to be on the cusp of becoming in ’19. Since that stellar 2019 campaign — which came in MLB’s juiced-ball season — Torres has slashed .261/.332/.411. That’s about 9% better than average, by measure of wRC+ (which weights for home park and league run-scoring environment in a given season).

The 2024 season was shaping up to be a career-worst showing for Torres at the halfway point. Through his first 80 games, he turned in an anemic .215/.294/.333 slash (81 wRC+) with a 23.9% strikeout rate that was well north of the 19.3% mark he’d posted over the prior five seasons. Torres righted the ship in late June, however, and rebounding to the tune of a .298/.365/.421 slash with a much-improved 17.3% strikeout rate down the stretch.

It’s perhaps possible that Torres could’ve landed a multi-year deal at a lower rate, but given his age and track record, it’s not a shock to see him take a pure one-year pillow deal. MLBTR predicted back in November that he’d ink a two-year deal with an opt-out, as the priority for him always seemed likely to be getting back to the market next winter. The demand seemingly wasn’t there to push to that range, however, and Torres will head to Comerica Park as an eminently reasonable one-year roll of the proverbial dice. With a strong enough showing, he’ll have the added benefit of being a potential qualifying offer candidate for the Tigers next offseason.

Torres steps into a Detroit infield that’s lacking in any real certainty. Colt Keith, who hit .285/.330/.429 in 445 plate appearances after a terrible start to his rookie season, appears to be the only other infield lock. He played second base in 2024 but has experience at the hot corner as well. Evan Petzold of the Detroit Free Press writes, however, that the organization prefers not to play Keith at third due to some injury concern regarding his right shoulder. Keith has taken reps at first base, and while he’s yet to play there in a professional game, he could get further work there this spring in the event of a potential position shift.

Meanwhile, Javier Baez is signed for three more seasons at $24MM per year, but he’s played himself out of a starting role and will eventually be a release candidate if he can’t rebound to at least some extent (though the Tigers have suggested this winter that they still see a role for Baez in ’25). Former top pick Spencer Torkelson belted 32 homers in 2023 but flailed through an ugly 2024 campaign and has yet to establish himself as a viable big league regular. Trey Sweeney showed a big league-ready glove at shortstop but didn’t hit in 36 big league games during last year’s second-half debut. Top prospect Jace Jung drew heaps of walks (16%) in 94 plate appearances late last season but is probably ticketed for Triple-A work or (speculatively speaking) some exposure to left field. Matt Vierling could factor in at the hot corner as well, though he can play in the outfield, too.

The glut of infield options, even with many of them unproven, gives the Tigers some flexibility with regard to how they handle the rest of the offseason. Young players like Sweeney and particularly Jung would command considerable trade interest. Torkelson stands as a viable change-of-scenery candidate, especially if the Tigers indeed plan to give Keith a prominent role at first base. Torkelson could still factor into the first base/DH mix, but he’s hardly a lock to do so after hitting .221/.300/.392 through his first 361 big league games.

The Tigers have been connected to free agent third baseman Alex Bregman, though that’d be a considerably larger signing than they’ve made at any point under current president of baseball operations Scott Harris. Some of the link there is surely due to the presence of former Astros skipper A.J. Hinch in the Detroit dugout. Petzold reported earlier in the week that Bregman has become more of a priority for the Tigers as the offseason has worn on, but the addition of Torres clouds the infield mix a bit more. A fit could still come together, particularly if the Tigers are keen on moving someone like Jung in a deal for rotation help.

In terms of payroll, there’s no reason to think the Tigers can’t make another prominent addition after adding Torres. They entered the offseason with only Baez, Keith and Kenta Maeda on guaranteed deals for the upcoming season. Torres and fellow free agent pickup Alex Cobb have pushed the team to a projected a $109MM payroll, per RosterResource’s projections. That’s nowhere near the team’s franchise-record $200MM payroll from 2017. And while that level of spending came under the ownership of the late Mike Ilitch, even Ilitch’s son, Chris, has authorized payrolls as high as $135MM in recent seasons (2022).

Jon Heyman of the New York Post first reported that Torres had agreed to a deal with the Tigers. ESPN’s Jesse Rogers first reported the terms and that Torres was expected to be the Tigers’ starting second baseman.

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Detroit Tigers Newsstand Transactions Gleyber Torres

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A’s President Dave Kaval Announces Resignation

By Steve Adams | December 27, 2024 at 1:46pm CDT

A’s president Dave Kaval announced Friday that he’s resigning from his role in order to “pursue new business opportunities in California.”  His last day with the team will be Dec. 31. Kaval, former president of Major League Soccer’s San Jose Earthquakes, has been with the A’s since 2016. Board member Sandy Dean will serve as the A’s interim president while the club conducts a search for a new president early in 2025.

“We are grateful for Dave’s contributions and leadership over the past eight years,” owner John Fisher said in a statement within today’s press release. “He guided our organization through a period of significant transition, and we sincerely thank him for his unwavering commitment to the team. As we look ahead to the next chapter of our franchise, the team will continue to grow under new leadership, driving the organization toward success during our interim years in West Sacramento and at our new home in Las Vegas.”

Kaval joined the A’s in 2016, when former managing partner Lew Wolff sold his stake in the team to Fisher, who assumed an even broader role at the time. He’s been the public face of the A’s now-abandoned efforts to build a new stadium in Oakland. During Kaval’s tenure with the A’s, the team explored the possibility of new facilities at Howard Terminal, Jack London Square and even at the site of their now-former home, the Oakland-Alameda County Coliseum.

Kaval played an integral role in the construction of what’s now known as PayPal Stadium in San Jose, home to MLS’ Earthquakes (also owned by Fisher). At the time of his hiring, he pledged his enthusiasm for “[pursuing] a world-class ballpark in Oakland for the best fans in baseball.”

Clearly, that never panned out. Kaval and Fisher drew sharp criticism from A’s fans throughout the latter portion of his time with the team, as many questioned the sincerity of the team’s desires to remain in Oakland. The A’s announced in 2023 that they planned to relocate to Las Vegas and have since begun the process of relocating to a 33,000-seat stadium located on the Las Vegas strip at the site of the since-demolished Tropicana Casino. The A’s will play the next three seasons at West Sacramento’s Sutter Health Park — the home of the Giants’ Triple-A affiliate. They’re expected to move into their new permanent Las Vegas home in 2028.

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Oakland Athletics Dave Kaval

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Tigers Designate Bailey Horn For Assignment

By Steve Adams | December 27, 2024 at 11:14am CDT

The Tigers announced Friday that they’ve designated left-hander Bailey Horn for assignment. He’ll be the corresponding 40-man roster move for newly signed infielder Gleyber Torres, whose one-year, $15MM deal with the Tigers is now official.

Horn, 26, was claimed off waivers out of the Red Sox organization a month ago. He’ll now be traded to another club or claimed off waivers within the next week. He made his big league debut in Boston last season, pitching 18 innings and yielding 13 earned runs (6.50 ERA) on 22 hits and 10 walks with 13 strikeouts.

It wasn’t the best first impression in the majors, but Horn was sharper for Boston’s Triple-A club, rattling off 29 1/3 innings of 2.15 ERA ball with a 29.2% strikeout rate against a bloated 11.7% walk rate. Horn has missed bats in droves in the minors, fanning 29% of his career opponents, but he’s also walked nearly 13% of his opponents along the way. He’s a former fifth-round pick of the White Sox who’s been traded multiple times, most notably going from the Sox to the Cubs in exchange for Ryan Tepera back in 2021.

Horn’s ability to miss bats, coupled with a heater that averages 95 mph and a pair of minor league option years still remaining, could prompt another team to take a look.

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Detroit Tigers Transactions Bailey Horn

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D-backs Among Teams With Interest In Kirby Yates

By Steve Adams | December 27, 2024 at 10:48am CDT

The D-backs have been in the market for a high-leverage reliever throughout the offseason, and they’re among the clubs with interest in right-hander Kirby Yates, per Nick Piecoro of the Arizona Republic. The Snakes have checked out several options on the trade market but balked at the asking price for Devin Williams — since traded to the Yankees — and their interest in Cardinals stopper Ryan Helsley might be moot if St. Louis ultimately opts to hold him.

Arizona GM Mike Hazen has left no doubt about his team’s desire to add a closing option this offseason. “I still feel like a back-end bullpen guy to help out with [Justin Martinez] and with [A.J. Puk] and those guys, I still see that,” Hazen said in a radio appearance back in early November. “I thought when [Paul Sewald] was closing, we had the best version of who we were, frankly. … But, we know [Martinez and Puk] can close, too, so we’ll see.

Yates, 38 in March, is fresh off a dominant rebound campaign with the Rangers, for whom he saved 33 games while pitching to a 1.17 ERA over the life of 61 2/3 innings. Yates earned his second career All-Star nod, fanned 35.9% of the opponents he faced, and issued walks at a 9.6% clip (higher than average but generally offset by the gaudy strikeout rate).

The 2024 season was Yates’ second consecutive year with 60-plus innings pitched, but injuries have hindered the righty at various points in his career. He threw only 11 1/3 big league innings from 2020-22; he was limited to six appearances in 2020 thanks to an elbow injury — one that wound up requiring Tommy John surgery a year later in 2021 (his second TJS operation). That procedure wiped out his entire 2021 season and the majority of his 2022 campaign.

When healthy, Yates has been a lights-out late-inning option in recent years. He’s the epitome of a late bloomer, as he didn’t truly solidify himself as a quality big league reliever until his age-30 season and didn’t break out in full until his age-31 campaign with the Padres, in 2018. Since that breakout, Yates boasts a scintillating 2.21 ERA with 93 saves, 30 holds, a 35.5% strikeout rate and a 10% walk rate.

Yates would (clearly) fit the Diamondbacks’ desire for a bona fide stopper at the end of the bullpen. The question is whether he’ll fit into the budget. After last year’s brilliant showing, he’s in position to command an eight-figure salary, perhaps even over a multi-year deal if a team isn’t scared off by offering two years to a 38-year-old who’s twice required UCL surgery.

Hazen said in the aforementioned radio appearance that he expected payroll to be in the general vicinity of 2025’s $173MM mark. RosterResource currently projects a $160MM payroll for the Diamondbacks. Yates could command the bulk or perhaps even the entirety of the remaining budget, though it’s always possible that other trades will impact the payroll. The D-backs have received trade interest in their young outfielders and in their starting rotation. The club surely still hopes to shed at least a portion of the $22.5MM owed to Jordan Montgomery.

A multi-year deal for Yates would be nearly unprecedented for a reliever this old. As shown in MLBTR’s Contract Tracker, the only free agent relievers in the past decade to sign multi-year deals beginning in their age-38 season are Jason Grilli and Darren O’Day, both of whom signed for a total of $8MM or less. The only real comp for a pitcher of this age commanding a multi-year deal at a premium rate is Daniel Bard’s two-year, $19MM extension with the Rockies back in July 2022 — a deal that obviously did not pan out.

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Arizona Diamondbacks Kirby Yates

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Exploring A Potential Pablo Lopez Trade

By Steve Adams | December 25, 2024 at 2:00pm CDT

It's been a quiet offseason for the Twins as the front office faces payroll constraints for a second straight offseason. Minnesota's signing of Carlos Correa and extension for Pablo Lopez in the 2022-23 offseason -- among other moves -- pushed the club's payroll up into the $150-160MM range. Both deals came just months after owner Jim Pohlad took a step back as his nephew, Joe Pohlad, took on a far more prominent role. That ownership shuffle, coupled with the long-term nature of those deals, made it look like there'd be a lasting bump in payroll.

Clearly, that hasn't been the case. Amid uncertainty regarding the team's television broadcast rights, ownership slashed payroll back down to the $130MM range for the 2024 season. The Twins largely sat out the 2023-24 offseason, with their largest moves coming via the trade market (dealing Jorge Polanco to Seattle) and in the bargain aisle of free agency (a $5.25MM deal for Carlos Santana being their most expensive). At the end of the 2024 season, Joe Pohlad announced his intent to explore a potential sale of the team.

That's led to even more uncertainty and inflexibility with the budget this offseason, as evidenced by the Twins' complete lack of activity. RosterResource projects the Twins' payroll at about $142MM. Ownership would like that back into the $130MM range again. It's expected that at some point they'll trade righty Chris Paddack, whose $7.5MM salary looks quite affordable when juxtaposed with the aggressive market for starters this winter. They'll shop Christian Vazquez but would need to eat some of his $10MM salary. A trade of their excellent utilityman, Willi Castro, could also be explored.

Speculation regarding the possibility of larger-scale deals was inevitable, but president of baseball operations Derek Falvey said early in the offseason that the team views Correa, Lopez and Byron Buxton as "key" players to the team's 2025 outlook. Falvey has emphasized that the Twins are intent on contending in 2025, even as it looks like he'll be forced to find ways to trim player payroll before making a single addition.

A Correa trade always seemed far-fetched. He's owed $128MM over the next four years and has a full no-trade clause. Buxton also has full no-trade protection. However, the recent report from ESPN's Jeff Passan that the Twins have at least listened to offers on Lopez presents a far more compelling thought exercise. Lopez's contract is teeming with surplus value in a way that isn't true -- or isn't as true, anyway -- of the Twins' other most expensive players.

Trading Lopez would ignite swift backlash from an already frustrated and put-off fanbase. At the same time, the huge return and the potential avenues for restructuring the team in the wake of such a surprising deal are compelling enough that it's understandable if the Twins perform due diligence to at least see what the market might bear.

Let's dive into an admittedly very hypothetical look at why a Lopez trade could actually appeal to the Twins, who could be involved, and how the Twins could proceed (and possibly improve) in the aftermath.

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Front Office Originals MLBTR Originals Membership Minnesota Twins Pablo Lopez

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Astros Sign Christian Walker

By Steve Adams | December 23, 2024 at 1:49pm CDT

December 23: The Astros have officially announced Walker’s signing. According to Chandler Rome of The Athletic, the deal includes a limited no-trade clause and will pay Walker an even $20MM annually per season.

December 20: A new-look Astros club will have a new first baseman in 2025, as the team has reportedly agreed to terms on a three-year, $60MM contract with free agent Christian Walker. The CAA client’s deal is still pending a physical.

Walker’s deal with Houston seems to shut the door on the possibility of a reunion with Alex Bregman. Houston recently acquired Isaac Paredes from the Cubs as part of the trade sending Kyle Tucker to Chicago, and while Paredes could’ve played first base with Bregman in the fold, he’ll be slotted in at third base with Walker now on board. Similarly, this effectively eliminates any chances of Nolan Arenado landing in Houston — an outcome that was all but at the finish line before Arenado invoked his no-trade clause to nix the deal.

Walker, 34 in March, has been a target of the Astros for some time now, dating back to the trade deadline when was reportedly at the top of their wishlist. A deal didn’t get done then, obviously, but Houston still has a need at first base after their three-year deal with Jose Abreu almost immediately imploded on them. Houston first basemen — led by Abreu and Jon Singleton — turned in an awful .226/.291/.360 batting line on the season in 2024. Walker, meanwhile, hit .251/.335/.468 — almost an exact match for the .253/.333/.464 line he carries through 3171 plate appearances dating back to the 2019 season.

On top of his quality results at the plate, Walker has emerged as arguably the premier defensive first baseman in MLB. He’s won three straight Gold Glove Awards in the National League and leads all first basemen in Defensive Runs Saved (33) and Outs Above Average (39) over the past three seasons. Matt Olson (27) and Carlos Santana (20) are second in those respective metrics. Walker’s defensive excellence at his position has essentially been unmatched.

Both Walker and the recently acquired Paredes are strong fits for the Astros, given the short left field porch at the newly renamed Daikin Park. That’s more true of Paredes, who’s one of the game’s most dead-pull and prominent fly-ball hitters. Walker has more of an all-fields approach, but when isolating his splits on pulled batted balls, he ranks 15th among qualified hitters in fly-ball rate (32.2%). Put more simply, Walker may spray the ball around a bit more than Paredes, but when he does pull the ball, he lifts it far more often than the vast majority of big league hitters. For a right-handed hitter with plenty of pop in his bat, that should play quite nicely with a 314-foot left field porch.

It’s been a bull market for free agents this offseason, and Walker had accordingly been hoping to land a four-year deal. He’ll “settle” for a year less than that on a deal that aligns with early expectations. His three-year, $60MM deal is an exact match for our predicted contract back on MLBTR’s annual ranking of the offseason’s top 50 free agents.

The $20MM annual salary on the contract puts the Astros north of the luxury tax threshold for what would be a second straight season. RosterResource now projects them at $244MM of luxury obligations — $3MM north of the $241MM tier-one threshold for the coming season. Their bottom-line payroll will depend on how that $60MM is divided over the three years of the deal, but if it’s evenly distributed, Houston would be just over $225MM in terms of actual player salary. (The luxury tax is calculated separately and based on the average annual value of all the team’s contracts.)

It’s still possible the Astros could duck back under the tax threshold. They’re reportedly telling teams they don’t intend to trade top starter Framber Valdez, but they’ve been exploring the trade market for reliever Ryan Pressly, who’s set to earn $14MM in 2025. More speculatively, they could also gauge interest in backup catcher Victor Caratini and his $6MM salary, then turn that role over to Cesar Salazar, who hit well in Triple-A and the majors this past season.

Dropping back under the tax line, however, doesn’t appear to be any kind of mandate. Owner Jim Crane said earlier in the winter that he “had the wherewithal” to cross that line and match his 2024 levels of spending if the right scenario presented itself. At the time, few envisioned that would entail trading Tucker and letting Bregman walk, but the Astros have been averse to the types of long-term megadeals both players — Tucker in particular — are expected to command. Houston hasn’t given out a contract longer than Yordan Alvarez’s six-year, $115MM contract or Jose Altuve’s six-year, $157.5MM extension under Crane’s ownership, the latter also being the largest guarantee in franchise history.

As a result, the Astros will give out their second three-year deal to a mid-30s first baseman in the past three years. Houston signed the aforementioned Abreu to a $58.5MM deal in the 2022-23 offseason and will still be paying Abreu $19.5MM this coming season after releasing him at the contract’s halfway point. That deal was negotiated by Crane himself and senior advisor Jeff Bagwell, as it came in the lull between the team’s dismissal of former GM James Click and the hiring of current GM Dana Brown. Astros fans may feel some trepidation about another multi-year deal for a first baseman well past his 30th birthday, though it bears mentioning that Abreu was 36 in year one of his contract; Walker will be 36 in the final season of this deal.

Walker declined a $21.05MM qualifying offer from the D-backs at the end of the season. As such, he’ll cost the Astros their second- and fifth-highest picks in the 2025 draft, as well as $1MM of space from their league-allotted bonus pool for international amateur free agency. That’s the steepest penalty possible for signing a qualified free agent, but the Astros find themselves in that tier as a result of exceeding the luxury tax threshold in 2024. The fact that they exceeded the tax threshold also means they’d only receive a compensatory pick after the fourth round in the now-likely event that Bregman signs elsewhere.

As for the D-backs, they’ll receive a comp pick after the first round, because Walker’s agreement is for more than $50MM guaranteed. It’ll be a nice parting gift, but Walker’s production will be tough to replicate with in-house options. Former top-10 draft pick Pavin Smith hit well in 158 plate appearances last season, but that was his first big league success in parts of five seasons and came in a small sample. The Snakes can hope for a similar late-bloomer trajectory to the one taken by Walker, but odds are against that. They could look to affordable alternatives in free agency (e.g. Carlos Santana, Justin Turner, a Josh Bell reunion) or sift through a deep trade market of first base options that includes Yandy Diaz, Josh Naylor, Nathaniel Lowe and perhaps Triston Casas (though the asking price on Casas would be extreme and surely cost the D-backs some coveted young pitching).

Robert Murray of FanSided first reported that the two sides were in advanced talks and closing in on a deal. Jim Bowden of The Athletic and MLB Network Radio reported that an agreement was in place, pending physical. USA Today’s Bob Nightengale reported the terms.

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Houston Astros Newsstand Transactions Christian Walker

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Red Sox Sign Patrick Sandoval

By Steve Adams | December 23, 2024 at 10:44am CDT

The Red Sox announced the signing of lefty Patrick Sandoval to a two-year free agent deal. The Wasserman client is reportedly guaranteed $18.25MM. He’ll make $5.5MM in 2025 and $12.75MMM in 2026. Boston’s 40-man roster is now full. Sandoval is currently recovering from Tommy John surgery, performed in June. He’ll miss at least the first half of the 2025 season, if not a bit more, but could be a late-season option in Boston and should be a member of their 2026 rotation.

Sandoval’s two-year guarantee makes the Angels’ decision to non-tender him and his $5.9MM projected salary (via MLBTR contributor Matt Swartz) look all the more dubious. Even if Sandoval had missed all of the 2025 season, he’d have been in line to merely repeat that $5.9MM salary — a total of $11.8MM. There’s no way he would’ve secured a nearly $6.5MM raise on that projected 2025 salary heading into the 2026 season.

The Angels presumably shopped Sandoval around prior to cutting him loose, and market circumstances have changed since that time. Still, recent two-year deals for Tommy John rehabbers on similar timelines (e.g. Tyler Mahle, German Marquez) show that there could eventually have been trade interest in the lefty, but the Halos instead opted for immediate salary flexibility. Perhaps that made it easier for them to sign Yusei Kikuchi on a three-year pact, but Sandoval’s deal with the Red Sox shows that he’d very likely have had at least modest trade value had the Halos tendered him a contract and continued to explore the market for his services.

Though his exact timetable for a return to a big league mound can’t be known this far along in the rehab process, Sandoval is a quality arm who’ll slot into the middle of the Boston rotation whenever he’s cleared. Just days prior to his injury, I took a look at the statistical similarities between Sandoval and another lefty — popular trade target Jesus Luzardo. Dating back to 2021, Sandoval carries a 3.80 ERA with roughly average strikeout numbers (22.6%) and somewhat heavy 10.2% walk rate.

Sandoval’s command isn’t great and never has been, but that number is skewed a bit by an 11.3% mark from 2023 that looks like a clear outlier. Sandoval posted a 9.3% walk rate in 2021, 2022 and 2024. It’s still not good, but it’s only about one percentage point north of league average. He sits 93-94 mph with his four-seamer and sinker alike, complementing those fastballs with a slider that misses bats and a changeup that helps him keep righties at bay. He does still carry a notable platoon split, but right-handed hitters haven’t exactly crushed him (.263/.344/.391) and lefties practically shouldn’t bother swinging (.195/.274/.324).

Sandoval isn’t a star but has proven himself to be a capable third or fourth starter, even in a contending rotation. He’ll obviously open the season on the injured list but will eventually give Boston another arm to join a starting mix that includes Garrett Crochet, Tanner Houck, Kutter Crawford, Brayan Bello and, at some point, Lucas Giolito. Like Sandoval, Giolito is on the mend from UCL surgery, but his was performed last March so he should be back a few months sooner. Garrett Whitlock gives the Sox another potential rotation arm who’s on the mend from a Tommy John procedure, though he could factor into either the ’pen or the rotation.

The Red Sox could very well add another starting pitcher. They’ve been tied to Corbin Burnes on the free agent market and have also reportedly looked into the availability of Mariners righty Luis Castillo and Padres righty Dylan Cease. With several arms on the mend from surgery and a number of starters with only one full season of rotation experience under their belts (Crochet, Houck, Crawford, Bello), another arm feels prudent — even if it’s not a front-of-the-rotation type.

With Sandoval now in tow, RosterResource projects the Red Sox for a $155MM payroll and about $191MM worth of luxury tax obligations. They’re nowhere close to the $241MM tax threshold, thanks in no small part to going the trade route for their first impactful rotation addition of the winter (Crochet). That leaves ample opportunity for the Sox to bring in another arm and continue to poke around the markets for Alex Bregman, Teoscar Hernandez and other high-profile targets.

ESPN’s Jeff Passan first reported the Red Sox and Sandoval had agreed to a two-year, $18.25MM contract. The Boston Globe’s Alex Speier had the salary breakdown.

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Boston Red Sox Los Angeles Angels Newsstand Transactions Patrick Sandoval

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Reds, Bryan Shaw Agree To Minor League Deal

By Steve Adams | December 20, 2024 at 1:37pm CDT

The Reds have agreed to a minor league deal with free agent reliever Bryan Shaw, reports Robert Murray of FanSided. Shaw, a client of CAA, will reunite with former Cleveland skipper Terry Francona in Cincinnati and head to major league camp in spring training, where he’ll compete for a bullpen spot.

The 37-year-old Shaw has pitched in the majors in each of the past 14 seasons, albeit only for four innings with the 2024 White Sox. He spent roughly half that time pitching for Francona in Cleveland, where Shaw enjoyed a stretch as one of the American League’s most durable and effective setup men.

From 2013-17, Shaw piled up 358 1/3 innings of 3.11 ERA ball with a 22.5% strikeout rate and 8% walk rate. He tallied a hefty 110 holds along the way — the third-most in all of Major League Baseball in that five-year span (trailing the since-retired Tony Watson and Tyler Clippard).

Shaw parlayed that run of excellence into a three-year deal with the Rockies, but as with so many pitchers at Coors Field, things didn’t pan out. Shaw posted an ERA north of 5.00 in each of his two seasons with Colorado before being cut loose. He had a brief cameo with the Mariners during the shortened 2020 campaign but didn’t pitch well there, either.

In the four years since, Shaw has had an up-and-down run but has been serviceable on the whole. He’s pitched 185 1/3 frames dating back to Opening Day 2021 and sports a 4.37 ERA, 20.6% strikeout rate and 10.5% walk rate. He spent most of the 2024 season with the Angels’ Triple-A club, posting a 4.14 ERA in 41 1/3 innings.

The Reds have several bullpen spots already spoken for. Alexis Diaz, Fernando Cruz, Emilio Pagan, Sam Moll, Brent Suter and Tony Santillan are all likely to open the season on the active roster, health permitting. Roansy Contreras, claimed off waivers earlier this week, will need to make the Opening Day roster or else be traded or passed through waivers prior to Opening Day. Cincinnati will likely make some additional non-roster pickups at the very least, but Shaw is a clear favorite of Francona’s, which could give him an inside track on a bullpen job if he shows well during spring training.

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Cincinnati Reds Transactions Bryan Shaw

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