A franchise-altering three-team blockbuster was struck, as the Dodgers acquired Mookie Betts and David Price, the Twins got Kenta Maeda, and the Red Sox received Alex Verdugo and Brusdar Graterol. But wait, there’s more! The Angels are expected to acquire Joc Pederson, the Giants signed Wilmer Flores, and the Mets’ sale to Steve Cohen is in jeopardy! MLBTR’s Jeff Todd runs through a wild day for the MLB hot stove in today’s video.
Red Sox Rumors
Grading The Mookie Betts Trade
In case you missed it — which, c’mon, you call yourself a MLBTR reader?! — the Red Sox have agreed to send superstar outfielder Mookie Betts to the Dodgers in a deal that also involves the Twins in a significant fashion.
Betts may be a rental player, but he’s an awfully good one, making this is a true blockbuster. Accordingly, it’s imperative that we get the consensus grades from the MLBTR readership — yes, long before we know what will become of the young players included in this deal. (It’s pretty easy to grade trades after the fact, right?)
Let’s set forth each club’s side of the deal, with a corresponding poll:
Los Angeles Dodgers
Give: RHP Kenta Maeda ($12MM through 2023 with significant performance incentives); OF Alex Verdugo (1.078 years MLB service; controllable at least through 2024)
Get: OF Mookie Betts ($27MM in 2020); SP David Price (approximately $48MM through 2022)
Grade:
[Poll link for app users]
Boston Red Sox
Give: OF Mookie Betts ($27MM in 2020); SP David Price (approximately $48MM through 2022)
Get: OF Alex Verdugo (1.078 years MLB service; controllable at least through 2024); SP/RP Brusdar Graterol (0.029 years MLB service; controllable at least through 2025)
Grade:
[Poll link for app users]
Minnesota Twins
Give: SP/RP Brusdar Graterol (0.029 years MLB service; controllable at least through 2025)
Get: RHP Kenta Maeda ($12MM through 2023 with significant performance incentives)
Grade:
[Poll link for app users]
Details On Padres’ Pursuit Of Mookie Betts
The Padres missed out on their bid to acquire Mookie Betts, but that doesn’t make them the loser of the negotiations. It was always tough to imagine a deal for such a high-end rental player that would truly make sense for the San Diego organization. And the latest reporting seems to bear that out.
Kevin Acee of the San Diego Union-Tribune and Dennis Lin of The Athletic (subscription link) each covered the aftermath of the Betts deal from the Friars’ perspective. Each noted the impact of the Padres’ limited budgetary flexibility and the organization’s realistic assessment of its 2020 outlook. The picture that emerges is one of an organization that was ready to make a deal on certain terms but not to extend any further.
One Padres source that spoke with Acee seems to have summed things up nicely — not only capturing the team’s approach but also the reason a Betts strike felt strained. “We were not going to trade on our future,” said the unnamed employee. “We’re in for the (long haul), not one year.”
Betts was not only a rental, but one that was exceedingly unlikely to remain in San Diego for the long haul. Not only has he made clear he wishes to test the open market, but the Friars are in no position to take on a mega-contract with Manny Machado and Eric Hosmer on the books. Per Lin, the San Diego organization launched its effort to structure a deal “more than a month ago,” so it was obviously a serious and long-running bid. At worst, the team’s pursuit forced the powerhouse Dodgers to pay a bit more. But it was always going to be tough to find a package that suited the Red Sox and made sense for the Pads.
So, will the Padres front office now pivot to alternatives? Perhaps, but not necessarily in the coming weeks. Lin writes that “the expectation is that the Padres will begin the season with what they have.” While he says the team has asked about Kris Bryant, in addition to Indians stars Francisco Lindor and Mike Clevinger, it doesn’t seem there’s any active blockbuster structuring in the works.
We can still probably expect plenty of eyebrow-raising trade rumors involving the Padres, the nature of which will surely depend upon how the coming season unfolds. Both Acee and Lin say that a wide variety of players were discussed in the trade talks surrounding Betts, indicating that the Pads remain willing to entertain a range of scenarios.
Red Sox Sign Ryder Jones
- The Red Sox have signed third baseman Ryder Jones to a minor league contract, Robert Murray tweets. Boston’s the second MLB organization for the 25-year-old Jones, a 2013 second-round pick of San Francisco who was with the Giants through last season. Jones saw some action in the majors from 2017-18, but he struggled mightily over 172 plate appearances (.184/.250/.316) and barely played at all in the minors last season after suffering a dislocated knee in September 2018. Jones does own a solid .287/.352/.471 line with 24 home runs in 756 PA in Triple-A ball, though.
Latest On Boston’s Managerial Opening
The Red Sox don’t have a manager at the moment, but the person who lands the job will oversee a much different roster than the one previous skipper Alex Cora worked with in 2019. There’s no more Mookie Betts or David Price, both traded to the Dodgers on Tuesday. Nevertheless, the Red Sox have been working to find a replacement for Cora since his ouster a couple weeks ago.
Athletics quality control coach Mark Kotsay is among those to interview for the position, but it doesn’t appear he’ll get it. Kotsay’s out of the running for the job, Susan Slusser of the San Francisco Chronicle reports. Along with Kotsay and Diamondbacks bench coach Luis Urueta (previously reported), the Red Sox have discussed their managerial role with two in-house possibilities in third base coach Carlos Febles and bench coach Ron Roenicke, per Chris Cotillo of MassLive.com.
The 43-year-old Febles, a former Royals second baseman, has been a coach with the Red Sox organization since 2007. The majority of his work has come at the minor league level, but he joined the MLB staff as a third base coach in advance of the 2018 season. Roenicke, meanwhile, has significant managerial experience under his belt at the sport’s highest level. Now 63, Roenicke oversaw the Brewers in parts of five seasons from 2011-15, during which they went 342-331 with one playoff appearance.
There are “likely” more names on Boston’s radar, Cotillo writes, though it’s safe to say that individual will be inheriting a worse roster than the team had entering Tuesday. The Red Sox acquired a pair of quality building blocks in outfielder Alex Verdugo and hard-throwing right-hander Brusdar Graterol, but it’ll be hard to make up for the losses of Betts and Price in the near term.
Dodgers To Acquire Betts, Price In Three-Team Trade; Twins To Acquire Maeda
The Mookie Betts saga has reached its conclusion, and the result is a stunning three-team blockbuster that’ll massively alter the fortunes of all three clubs. The Dodgers are reportedly set to acquire Betts, David Price and significant cash considerations in a deal that will sent young outfielder Alex Verdugo to Boston and right-hander Kenta Maeda to the Twins. Minnesota, meanwhile, will send flamethrowing young righty Brusdar Graterol to the Red Sox to complete the swap.
In making this move, Boston bids adieu to one of its most popular and productive players of the current generation. Betts, the 2018 AL MVP and a career .301/.374/.519 hitter, has cemented himself as one of baseball’s truly elite talents. However, he has also candidly stated time and time again that he intends to test the open market as a free agent.
That lack of interest in an extension left the recently restructured Red Sox front office to weigh trading him for controllable talent now versus simply netting a draft pick in the event that he rejects a qualifying offer and signs elsewhere next winter. The prospect of losing him for that level of minimal return, coupled with ownership’s clear goal of dipping south of the $208MM luxury tax barrier, ultimately led rookie chief baseball officer Chaim Bloom to orchestrate tonight’s mega-deal.
The Dodgers, meanwhile, will land perhaps the greatest consolation prize in history. After missing out on top target Gerrit Cole earlier this winter, they’ve now acquired one of the game’s best all-around players, Betts, in addition to a high-profile starter who can still contribute to their rotation — even if his halcyon days are in the past.
Betts, still only 27, now joins an outfield that’ll feature Cody Bellinger and A.J. Pollock, with the versatile Chris Taylor and Enrique Hernandez playing complementary roles as well. While Betts didn’t quite replicate his 2018 MVP production in 2019, his .295/.391/.524 slash was still elite by measure of both wRC+ and OPS+ (both 135). He’s now been at least 35 percent better than an average hitter in three of the past four seasons by those same measures.
The bat alone would make Betts a coveted player, but he’s also among baseball’s best baserunners and an all-world defender in the outfield. Betts has won a Gold Glove in each of the past four seasons, and his 98 Defensive Runs Saved in that time lead all Major League players, regardless of position, by a whopping 13 runs. His aversion to signing a long-term deal means he has to be viewed as a pure rental player, but if you’re going to rent any player on the planet, renting one whose 30.7 fWAR over the past four seasons trails only Mike Trout for the MLB lead is certainly a good way to go. Betts will earn a $27MM salary after avoiding arbitration for the final time this winter — a record salary for an arb-eligible player.
At 34 years old, Price probably won’t be winning any more Cy Young Awards in his career, but this past season’s 4.28 ERA, 10.7 K/9, 2.7 BB/9, 1.26 HR/9 and 41 percent grounder rate were all quite sound. That ERA undersells the season that Price had, too; he was plagued by a career-worst .336 average on balls in play, and fielding-independent metrics were more bullish on his efforts (3.62 FIP, 3.73 xFIP, 3.85 SIERA).
In fact, Price carried a terrific 3.16 ERA and 3.00 FIP through his first 17 starts and 88 1/3 innings with the Red Sox in 2019. Things began to go south in July as he tried to pitch through a cyst in his left wrist, and he eventually went on the injured list for more than a month while dealing with the issue. He returned in early September but made only one appearance before being shut down and undergoing surgery to alleviate the issue. Price is still owed $96MM under the then-record $217MM contract he signed prior to the 2016 season, but the Red Sox will pay a substantial portion of that sum to lessen the sting for the Dodgers.
Acquiring Betts and Price will cost Los Angeles a hefty five years of control over Verdugo and four more years of the talented Maeda, and there’s another major ripple effect, as the Dodgers have reportedly struck a separate trade sending outfielder Joc Pederson to the Angels in exchange for young infielder Luis Rengifo. Between the cash the Red Sox are sending to cover some of Price’s contract, the subtraction of Maeda and now the subtraction of Pederson’s final arbitration salary, it seems likely that the Dodgers will have managed to stay beneath the luxury tax threshold.
Not to be lost in the shuffle, the Twins are adding a quality arm to a rotation that looked to be in need of augmentation. In Maeda, they land an accomplished 31-year-old starter (32 in April) who prefers to work out of the rotation but was frequently moved to the bullpen for short stints — perhaps in part due to the massive incentives package in his eight-year contract.
Whether the Dodgers deliberately manipulated Maeda’s rotation work to suppress his earnings can’t be known, but his deal contains only a $3MM annual base with a whopping $10MM in annual bonuses based on games started and innings pitched. With the Twins, he’ll all but certainly be viewed as a rotation piece and be given every opportunity to max out those additional payments. Maeda is signed through the 2023 season, and his contract calls for a $1MM assignment bonus in the event of a trade, so he can tack that onto his career earnings.
In 589 career innings, Maeda has a 3.87 ERA with 9.8 K/9, 2.7 BB/9, 1.18 HR/9 and a 40.9 percent ground-ball rate. That he’s more of a fly-ball pitcher bodes well for his fortunes in Minnesota, as the Twins have significant questions about their middle-infield defense but a high-quality group of outfield defenders led by Byron Buxton and Max Kepler. Maeda has racked up 32 2/3 career postseason innings as well, pitching to a 3.31 ERA in that time. He might not be the ace Twins fans hoped to net early this winter, but he’ll bump one of two rookies — southpaw Devin Smeltzer or right-hander Randy Dobnak — from the rotation and provide a clear boost.
In 2020, Maeda will step into a rotation that’ll be fronted by Jose Berrios and Jake Odorizzi. The Twins also re-signed Michael Pineda to a two-year contract earlier this winter, but he’ll be out through mid-May as he serves a reduced 60-game suspension for taking a banned substance. Veteran Homer Bailey will also be a part of the Twins’ starting staff after signing a one-year pact on the heels of a healthy season, and Maeda will eventually be reunited with former Dodgers teammate Rich Hill. The veteran southpaw inked a one-year deal this winter but will be out until the summer as he recovers from primary revision surgery.
Looking beyond the 2020 campaign, Maeda is all the more important for the Twins. Odorizzi, Bailey and Hill are all slated to become free agents next winter, so prior to this trade, Berrios and Pineda were the only proven starters Minnesota controlled beyond the upcoming campaign. Maeda gives them a solid mid-rotation presence to help anchor the staff and does so at an affordable rate that’ll allow the Twins to continue to be aggressive in free agency next year if they choose to double down on this winter’s surprising Josh Donaldson splash.
As for the Red Sox, today is presumably one of the most difficult days in franchise history for a number of the team’s longest-tenured executives. Luxury tax aside, Sox ownership recognizes that trading Betts will be a wildly unpopular move. John Henry and Co. surely didn’t think they’d be in this position just 16 months ago when celebrating a World Series victory, but injuries and some ill-fated expenditures brought about a mediocre 2019 season and a slew of tough choices. It’s easy to argue that a team with such considerable financial resources at its disposal should simply have kept Betts and paid up for him, but even their detractors can agree that there’s likely little joy in trading away a generational player.
The 2020 Red Sox are unquestionably worse having made this move, but they were a long shot to topple the Yankees anyhow and now acquire a pair of potential building blocks. The 23-year-old Verdugo is a longtime top prospect who enjoyed a strong 2019 season and will step right into the void left by Betts. He’s fresh off a .294/.342/.475 slash with a dozen home runs, 22 doubles and two triples in 377 plate appearances with Los Angeles and should see his playing time soar to full-time levels in 2020 and beyond.
Verdugo has excellent bat-to-ball skills and rarely strikes out (13.7 percent in his career). And while he’s no Betts with the glove — no one is — he racked up 13 DRS in 2019 and is capable of handling all three outfield positions. He’s the Red Sox’ right fielder of the future, and unlike many young players who are acquired for stars, that future will start right away; Verdugo should be in the Opening Day lineup and give Sox fans an immediate look at his potential.
The 21-year-old Graterol is less certain to open the year with the Sox, but he’s an electric and exciting talent — albeit one with more volatility than Verdugo. Injuries have plagued Graterol throughout his minor league career — he’s already undergone Tommy John surgery and has battled shoulder troubles, too — but pitchers with his type of velocity and upside are rare. The massive 6’1″, 255-pounder boasts a fastball that sits just under 100 mph and can reach as high as 103 mph, and he’s utterly dominated in the minors when healthy.
Graterol owns a career 2.48 ERA with 9.7 K/9 against 2.7 BB/9 in 214 minor league frames, and he skyrocketed across multiple levels to make his MLB debut in 2019. There’s some concern that his future is in the bullpen, but the Red Sox will likely give him every opportunity to prove that he can be a difference-maker in their rotation.
Graterol was a consensus Top 100 prospect a year ago and remains on those oft-cited rankings. Eric Longenhagen of FanGraphs has already moved Graterol to the top of Boston’s prospect rankings, noting the big righty’s potential to either function as a high-end starter or, if he moves to the ’pen, an elite reliever.
Although there are myriad high-profile players whose name will still be bandied about the trade market, there’s a chance that the Betts/Price/Maeda blockbuster will serve as the finishing touch on what has been a riveting offseason — on that hearkened back to the pre-labor-tension days that seem far longer ago than just two or three years. And in some respects, it’s merely an interesting prelude to a 2020-21 offseason that will quite likely see Betts set out into the free-agent market in search of the largest contract in MLB history. Trades of this magnitude are of the utmost rarity — and virtually unprecedented this time of year — and there’s a good chance that come October we’ll look back at Feb. 4 as a day that majorly impacted multiple division races and postseason outcomes.
ESPN’s Jeff Passan reported (via Twitter) that a deal was in place after MLB Network’s Jon Heyman and the Boston Globe’s Alex Speier reported that talks had become “advanced.” Speier reported the inclusion of a third team (Twitter link). SKOR North Radio’s Darren Wolfson first suggested the Twins’ potential involvement (Twitter link), and USA Today’s Bob Nightengale tweeted that the Twins were indeed the third team. Rosenthal reported the basic framework of the deal, tweeting that Betts and Price would head to L.A., Maeda would go to Minnesota and that Verdugo and Graterol were headed to Boston.
Red Sox, Dodgers In “Advanced” Talks On Mookie Betts
8:05pm: A third team could be involved in talks, tweets Rosenthal, though the basic framework of the deal being discussed still includes Price and Betts going to L.A. and Verdugo going to Boston.
8:03pm: The current proposal would send both Betts and Price to Los Angeles, tweets Speier. The two sides are reviewing medicals on all of the potentially involved players. The Athletic’s Ken Rosenthal tweets that young outfielder Alex Verdugo would be the centerpiece going to Boston, as has been previously rumored.
7:58pm: Trade talks centering around Red Sox star right fielder Mookie Betts have once again heated up, tweets Jon Heyman of MLB Network, who calls the Dodgers the favorite to land him. The Boston Globe’s Alex Speier adds that Boston and Los Angeles are in “advanced” talks and that it’s possible a deal will come together tonight. The Padres aren’t completely out of the mix just yet, per Heyman.
The Betts trade saga has dominated headlines for the past week, with the Red Sox soliciting offers on the 2018 AL MVP from both the Dodgers and Padres. Both teams have obvious motivations to add Betts to the fold, but the Dodgers are already a clear postseason contender with deeper pockets and a generally strong mix of MLB-ready talent and high-end prospects. Previous reports have indicated that the Red Sox are hoping to attach part of David Price’s contract in a deal with the Dodgers, though it’s not clear whether the current permutations of talks include the former Cy Young winner, who is owed $96MM over the next three years.
Betts, 27, agreed to a record-setting $27MM salary in his final trip through the arbitration process earlier this winter. He’s been outspoken and candid about his desire to test free agency rather than sign an extension, so he has to be viewed purely as a one-year rental for any club that acquires him. By trading him, the Red Sox would drop their projected luxury tax commitments to about $212MM — just $4MM over the $208MM threshold. If they’re successfully able to unload a portion of Price’s deal, new chief baseball officer Chaim Bloom will have successfully dipped below the luxury tax line. That’s been a clear goal for Boston ownership all winter, despite chairman John Henry’s dubious claims that the team is more focused on competitiveness than on resetting their luxury penalty level.
Red Sox Still Pondering Mookie Betts Trade Scenarios
The waiting game continues, despite expectations to the contrary. As of this morning, with just one week until pitchers and catchers report, Mookie Betts remains a member of the Red Sox.
All day yesterday it seemed a trade could drop at any moment. Reports the evening prior had indicated as much. Padres beat writer Kevin Acee tweeted midday that “multiple people close to situation believe resolution on Mookie Betts trade is imminent.”
It seems the Friars expected to find out whether they or the division-overlord Dodgers would land a new superstar. They’re still waiting right along with the rest of us.
The Red Sox are still engaged with both west coast organizations, per Alex Speier of the Boston Globe. And the Boston club is still not even settled on particular trade scenarios with each prospective trade partner. Speier says that concepts both including and excluding high-priced lefty David Price remain on the table.
So, is today the day? Perhaps. But new Red Sox chief baseball officer Chaim Bloom seems determined to take his time making his first major call. While it has appeared that talks were building to a crescendo, Speier explains that the club still isn’t feeling timing or logistical pressure.
Presumably, there’s a point in the near future at which the constraints of the calendar will force a move (or lack thereof). The Padres and Dodgers need to make alternative plans if they can’t nab Betts. And the Boston club no doubt prefers not to open camp with such massive uncertainty hanging over the organization. Even if it can’t be said that a resolution is now truly imminent, it seems quite likely to come within the week.
Red Sox Outright Denyi Reyes
- The Red Sox have outrighted hurler Denyi Reyes to Triple-A Pawtucket, per the International League transactions page. The club designated Reyes for assignment last week when it re-signed first baseman Mitch Moreland, but the right-hander will stay in the organization after clearing waivers. Reyes, 23, made his Double-A debut last season and pitched to a 4.16 ERA/3.69 FIP with 6.9 K/9 against 2.2 BB/9 over 151 1/3 innings and 26 appearances (all starts). When assessing Boston’s farm system in December, FanGraphs’ Eric Longenhagen and Kylie McDaniel wrote that Reyes could develop into an “emergency” starter type at the MLB level.
Poll: Where Will Mookie Betts Play In 2020?
The trade rumblings surrounding Mookie Betts are presumably nearing their peak. The Boston Globe’s Alex Speier reported last night that resolution on trade talks regarding him could come within the next few days. Ken Rosenthal offered a similar sentiment on MLB Network’s Hot Stove show this morning (Twitter link, with video), plainly stating that a Betts trade “is going to happen.”
At this point, the race to acquire Betts is widely reported to be between a pair of NL West rivals: the Dodgers and the Padres. The former, of course, is a perennial division champ hoping that Betts could be the piece to finally push them across the finish line in the World Series after two near-misses in three years. The latter would simply hope Betts could propel them into postseason play at all. San Diego has yet to experience a playoff game under general manager A.J. Preller, who was hired more than five years ago.
As with most high-profile trade scenarios, there are multiple layers to consider. Both the Padres and Dodgers have excellent farm systems and controllable, MLB-ready talent to pitch to new Red Sox chief baseball officer Chaim Bloom and his staff. Betts would push the Padres into franchise-record payroll territory but wouldn’t bring them to the luxury tax threshold. The Dodgers, on the other hand, have spent far more than this before but would be in luxury territory with Betts on board.
The financial components don’t stop there. San Diego has reportedly sought to unload part of Wil Myers’ contract (three years, $61MM remaining) on the Red Sox in their talks. Boston has been trying to push some of David Price’s remaining deal (three years, $96MM) on both clubs; USA Today’s Bob Nightengale tweets this morning that the Dodgers are still trying to get the Sox to take on a larger portion of Price’s contract.
The emergence of an unexpected suitor — who doesn’t love a good mystery team?! — would make things more interesting and remains possible as long as Betts is still under Red Sox control.
It’s only been 10 days since MLBTR readers weighed in on whether a Betts trade would happen at all, with nearly 69 percent of participants voting that the 2018 AL MVP would open the 2020 season in Boston. Just over a week later, there’s a decidedly different feel around the Betts situation, so let’s open this up one final time (link to poll for Trade Rumors mobile app users)…