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Yankees, Mets Among Top Suitors For Garrett Crochet

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One day after the Mets and Yankees finished battling for the top free agent, they’re in the competition for arguably the winter’s #1 trade candidate. Ken Rosenthal and Will Sammon of the Athletic report that the New York teams are currently the most aggressive suitors for White Sox’s lefty Garrett Crochet.

The Athletic writes that the Red Sox and Phillies have also expressed interest, but they appear to be behind the New York teams for the moment. Jon Morosi of the MLB Network put the Brewers on Crochet this morning, though The Athletic report does not mention Milwaukee. Rosenthal and Sammon indicate that no team is close to pulling off a deal yet.

Crochet stayed healthy in his first full season as a starter. The Sox pulled back his workload after failing to line up a deadline trade. Chicago never shut him down or skipped his turns through the rotation, but they abbreviated his starts at the end of the year. Crochet finished the season with 146 innings across 32 appearances. He turned in dominant rate stats, striking out 35.1% of batters faced against an excellent 5.5% walk rate. His 3.58 earned run average didn’t quite align with those fantastic peripherals. That’s at least in part because he was pitching in front of one of the game’s worst defensive teams, contributing to an elevated .318 average on balls in play against him.

Going into 2025, Crochet projects as a top-of-the-rotation arm. He shouldn’t have as many concerns about his workload down the stretch. His deadline trade candidacy was also complicated by the late revelation that he was seeking a contract extension if he’d be asked to pitch into the postseason during his first season as a starter. That’s no longer an obstacle.

Chicago GM Chris Getz spoke in generalities about a potential Crochet trade. He repeated the organization’s preference to add young hitting talent but suggested they weren’t opposed to building around pitching if they felt it was the best offer (X link via Scott Merkin of MLB.com). Getz reiterated that he didn’t feel compelled to make a trade this offseason, though it’d be a major surprise if Crochet were still in a White Sox uniform by the end of March.

Of the New York teams, the Mets have more talent at the top of the farm system. Their system is headlined by shortstop Jett Williams. Baseball America ranks 19-year-old infielder Jesus Baez as the #3 prospect in the organization. Ronny Mauricio is a former top prospect who might’ve opened the season as New York’s third baseman had he not torn his ACL in winter ball last year. Third baseman Brett Baty has seen his stock dip as he’s underperformed against MLB pitching, but he’s drawing attention as a change of scenery candidate. While Baty no longer has the pull to headline a Crochet package, he could be of interest as a secondary piece. (The Sox built their deadline return for Erick Fedde and Michael Kopech around Miguel Vargas, another post-hype infielder.)

The Yankees’ system is headlined by Jasson Domínguez. There’s a sharp drop thereafter, however. It’d be a surprise if the Yanks were willing to put Domínguez in a Crochet package. The switch-hitter may well be New York’s starting center fielder next year, with Aaron Judge potentially kicking to right field after Juan Soto walked. Outfielder Spencer Jones and infielders George Lombard Jr. and Roderick Arias were once viewed as Top 100 type talents, but they’re all coming off somewhat alarming minor league seasons. Jones and Arias struck out at huge rates, while Lombard didn’t hit for much power in A-ball.

Crochet is controllable for two seasons. MLBTR contributor Matt Swartz projects him for a bargain $2.9MM salary. Even for the New York franchises, the affordability is appealing. The Yankees could prefer to attack the lineup in free agency rather than make a top-of-the-market splash for starting pitching. The Mets still need a top-of-the-rotation starter. They’ve thus far shied away from making that kind of move in free agency, instead building the rotation with upside plays for Clay Holmes and Frankie Montas.

Mets Notes: Bregman, Alonso, Loaisiga, Blackburn, Mauricio

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As if signing Juan Soto to a record contract wasn’t enough, the Mets could be exploring another big-ticket addition for the corner infield.  Ari Alexander of KPRC (X link) reports that the Mets are among the teams who have interest in Alex Bregman, while president of baseball operations David Stearns told MLB.com’s Anthony DiComo and other reporters that the Mets would “love to bring [Pete] Alonso back.”

While referring to Alonso’s market but perhaps speaking broadly about the Mets’ payroll situation as a whole, Stearns said “I think our ownership has consistently demonstrated that there’s going to be resources when we need them.  There is the ability for us to make baseball moves when we think that they’re there to improve the team, and we’re going to continue to pursue a wide variety of areas to continue to improve our team.”

This means that neither Alonso, Bregman, or perhaps a top-tier pitcher can be ruled out during what has already been an aggressive offseason in Queens.  The Mets had so much coming off the books this winter that even with Soto’s mega-deal now factored in, New York’s luxury tax number is still a relatively modest $251.8MM (as per RosterResource’s estimate).  While this is over the $241MM tax threshold, simply exceeding the tax line is nothing to Mets owner Steve Cohen, whose team had an estimated $358.1MM tax number in 2024.

Mark Vientos’ breakout season makes him a lock for one corner infield slot, giving New York some flexibility in deciding what to do with the other side of the diamond.  Vientos could just remain at the hot corner and the Mets could run it back entirely by re-signing a popular homegrown slugger Alonso.  Or, the Mets could shake things up by moving Vientos to first base, clearing room for Bregman as the new starting third baseman.

Both Bregman and Alonso rejected qualifying offers, though in re-signing Alonso, the Mets wouldn’t have to give up any compensation since he is their own free agent.  Signing Soto cost the Mets $1MM in international draft pool money and their second- and fifth-highest picks in the 2025 draft, so signing another QO-rejecting free agent would cost another $1MM of bonus pool funds plus two more picks — this time New York’s third- and sixth-highest selections.  It isn’t entirely out of the question that the Mets could burn such a big chunk of a draft year in search of premium win-now talent, though the club’s preference is likely to avoid another free agent tied to compensation.

Moving onto pitching targets, ESPN’s Jorge Castillo writes that the Mets are one of the teams linked to Jonathan Loaisiga’s market.  Loaisiga was known to have received interest from 14 teams, including both New York clubs.  Mets manager Carlos Mendoza is very familiar with Loaisiga from their shared time together in the Bronx when Mendoza was the Yankees’ bench coach.

Loaisiga pitched just four innings in the 2024 season before his year was cut short by a UCL-related surgery (not a Tommy John procedure).  Multiple injuries have limited Loaisiga to 219 2/3 innings since his MLB debut in 2018, but the right-hander has been an intriguing bullpen weapon when he’s been healthy, delivering a 3.28 ERA over 181 1/3 frames as a reliever.  The buy-low potential is strong, so it isn’t surprising that Loaisiga is drawing such widespread attention from teams in need of bullpen help.

Stearns also provided a couple of injury updates during his media session (hat tip to DiComo and Newsday’s Tim Healey).  The Mets believe Paul Blackburn will be ready for Opening Day in the aftermath of an October surgery to fix a spinal fluid leak.  As dangerous as that procedure sounds, it carried a relatively brief recovery timeline of 4-5 months, and the Mets are encouraged enough by Blackburn’s rehab to now project him on the shorter end of that timeframe.

Blackburn could be another part of New York’s bullpen picture, but Stearns said the right-hander is still being viewed as a starting pitching option.  Blackburn would currently line up as the fifth starter behind Kodai Senga, Frankie Montas, David Peterson, and Clay Holmes, though both his health status throughout Spring Training and the Mets’ further offseason moves could impact that rotation job.  Acquired from the A’s at last year’s trade deadline, Blackburn was limited to five starts and 24 1/3 innings (posting a 5.18 ERA) due to both his back problem and a hand bruise.

It was almost exactly a year ago that top prospect Ronny Mauricio suffered a torn ACL during winter ball action, and Stearns said that Mauricio is now getting back to baseball-related activities.  A former regular of the top-100 prospect rankings, Mauricio made his MLB debut in the form of 26 games and 108 PA for the Mets in 2023, but his injury dealt a big setback to his chances of being a bigger part of the infield mix last season.

Mets Sign Clay Holmes

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The Mets officially announced the signing of Clay Holmes to a three-year deal that allows him to opt out after the second season. It’s a reported $38MM guarantee for the Wasserman client. Holmes will collect $13MM salaries in each of the next two years before deciding whether to opt out of the final year and $12MM. The deal comes with an approximate $12.67MM average annual value for luxury tax purposes. The Mets intend to use Holmes as a starting pitcher.

Holmes, who turns 32 on Opening Day, heads across town after three and a half seasons in the Bronx. He was an inconsistent pitcher for the Pirates between 2018-21. The Yankees, intrigued by his gaudy ground-ball rates, acquired him at the ’21 trade deadline. That move wasn’t met with a ton of fanfare, but Holmes broke out immediately after donning pinstripes.

Owner of a 4.93 earned run average at the time of the trade, Holmes fired 28 innings of 1.61 ERA ball to kick off his Yankees career. He took over as Aaron Boone’s closer by the following season. Holmes saved 20 games with a 2.54 ERA across 63 2/3 innings to earn his first All-Star nod in 2022. He followed up with 63 frames of 2.86 ERA ball while picking up 24 saves.

Holmes got out to another strong start this year. He didn’t allow an earned run over 13 1/3 innings through the end of April. He had a productive May as well, though he started to struggle with his command. That was a sign of a somewhat rocky summer. Holmes posted a 3.64 ERA in 30 appearances between the start of June and the end of August. While his rate production wasn’t terrible, he relinquished a lot of leads. By the start of September, the Yankees had replaced him in the ninth inning with Luke Weaver. Holmes finished the season in a setup role.

The 6’5″ righty concluded the regular season with a 3.14 ERA across 67 innings. He struck out around a quarter of batters faced against a league average 8.1% walk rate. Holmes got grounders at a characteristically excellent 65% clip. It’s far from a bad season, but he was bizarrely prone to blowing leads. While he recorded a career-high 30 saves, he was charged with an MLB-worst 13 blown saves. No other reliever gave up more than eight leads. He went into the postseason trending in the wrong direction after losing the closing job.

To his credit, Holmes rebounded when the lights were brightest. He only gave up three runs in 12 postseason innings. While he’d fallen behind Weaver in the bullpen hierarchy, he remained one of Boone’s most trusted setup options. Holmes picked up five holds without giving up the lead once in October.

That finish was a more fitting ending to his strong run in the Bronx. While the fanbase was divided at times on his reliability, Holmes posted good to elite numbers throughout his Yankee tenure. Of the 86 relievers with at least 150 innings over the past three years, Holmes ranks 17th in ERA. While his 25.7% strikeout percentage is middle of the pack, his 68.6% ground-ball rate is #1 among that group.

There’s no doubt that Holmes can be a productive reliever. The Mets believe he can be more than that. They’ll give him a chance at a full-time rotation role for the first time in his MLB career. Holmes has started four major league games, all of which came during his 2018 rookie season in Pittsburgh. Those didn’t go well — he allowed a 7.80 ERA with more walks than strikeouts in 15 innings — but that’s of little consequence. The Mets aren’t placing any stock in a minuscule sample that predated his breakout by three years.

Like many MLB relievers, Holmes was a starting pitcher in the minors. He’s not completely unfamiliar with working multiple innings, but it’ll be a tough test against big league hitters. He’ll probably need to make an adjustment to his pitch mix. Holmes has essentially abandoned his changeup since moving to the bullpen. His 96-97 MPH sinker is his go-to offering, the pitch most responsible for his huge grounder rates. Holmes has deployed two distinct breaking balls — an 87 MPH slider and an 83-84 MPH offering that Statcast classifies as a sweeper.

Having three pitches is an advantage as Holmes tries to navigate a lineup two or three times in an appearance. However, he hasn’t used a changeup or splitter that most starters have to handle opposite-handed hitters. Holmes has fared well against hitters of either handedness, but his strikeout and walk profile is far better when he holds the platoon advantage.

As a Yankee, Holmes held right-handed batters to a pitiful .203/.267/.284 batting line. He struck them out at a huge 31.7% clip against a tidy 6.2% walk rate. He fanned only 19.8% of left-handed opponents while issuing walks at a 9.8% rate. Holmes still held lefties to a mediocre .235/.318/.307 slash, but that’ll present more of a challenge as he works through a lineup multiple times.

There’s significant upside if Holmes can make that transition. Reliever to rotation success stories have gotten increasingly common. Seth Lugo, Reynaldo López, Garrett Crochet and Holmes’ former teammate Michael King have become top-of-the-rotation starters after spending most of their careers in relief. Jeffrey Springs, José Soriano and Zack Littell look like mid-rotation arms. It hasn’t been uniformly positive, though. Jordan Hicks wore down quickly when the Giants tried him as a starter last season. The Marlins experimented with A.J. Puk in the rotation. They pulled the plug by the end of April after he had four terrible starts.

Puk moved back to the bullpen with relative ease after the rotation experiment flopped. That’s a possibility for Holmes as well. The Mets surely believe he could return to a setup role in front of Edwin Díaz if he doesn’t take to the rotation. They’d be paying a high but not outlandish price for a leverage reliever in that case. Robert Stephenson, Rafael Montero and Taylor Rogers have signed three-year deals in the $33-35MM range in recent years. The Braves guaranteed López $30MM to give him a shot as a starter. Hicks, who is younger than the rest of that group, signed a four-year deal worth $44MM.

MLBTR predicted Holmes would land a three-year, $30MM contract that valued him as a setup arm. The Mets are going a little beyond that based on the perceived upside as a starter. The opt-out gives Holmes a chance to retest the market after two seasons. If he proves he’s capable of starting, he could do quite well in that return trip. There’s precedent for starters getting lucrative three-year deals at age 34. Lugo signed for $45MM, while Yusei Kikuchi and Chris Bassitt each inked $63MM contracts.

Holmes is the second rotation addition for the Mets in recent days. They finalized a two-year, $34MM deal with Frankie Montas on Wednesday. They’ve taken upside fliers in the middle of the market thus far — a strategy they employed to great success last offseason with Sean Manaea and Luis Severino. There should be more rotation moves on the way. New York already lost Severino and could see Manaea and Jose Quintana depart as free agents.

Kodai Senga and David Peterson likely have rotation spots secured, but there’s little certainty with a fifth spot that’d go to one of Tylor Megill or Paul Blackburn at the moment. Senga barely pitched this year, while Holmes could be on an innings limit. The Mets are still potential suitors for a top-of-the-market arm like Corbin Burnes or Max Fried, though president of baseball operations David Stearns has yet to make that kind of move. At the very least, they’ll continue to identify upside targets in the middle of free agency.

Joel Sherman of the New York Post first reported the Mets and Holmes were in agreement on a three-year deal worth $38MM. Jeff Passan of ESPN reported the opt-out clause and confirmed the Mets would use Holmes as a starter, which Sherman first suggested earlier this week. Will Sammon of the Athletic reported the salary breakdown.

Image courtesy of Imagn.

Mets Sign Oliver Ortega To Minors Contract

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The Mets have signed right-hander Oliver Ortega to a minor league deal that includes an invitation to New York’s big league spring camp, MLB Network’s Jon Morosi reports (X link).  Ortega was outrighted off the Astros’ 40-man roster in November, and since it wasn’t his first career outright, he chose to enter free agency.

The 28-year-old Ortega made his Major League debut in 2021, and he has a 4.03 ERA, 20.4% strikeout rate, and 10.8% walk rate over 58 career relief innings with the Angels and Twins.  After Houston claimed him off waivers from the Twins in October 2023, Ortega’s tenure as an Astro came and went without a single game played in either the majors or minors.  A pair of surgeries cost Ortega the entire 2024 season, as an initial procedure in Spring Training to remove loose bodies from his throwing elbow didn’t take, and he needed another surgery in late June to remove a bone spur from that same right elbow.

While a minor league deal doesn’t represent a huge commitment, the Mets seem satisfied enough with Ortega’s health situation to at least give him a look during Spring Training.  Ortega’s career Triple-A numbers include a 3.61 ERA, 27.7% strikeout rate and 7.42% walk rate over 72 1/3 innings, so he might be able to tap into that potential if he can improve his control against big league hitters.

Mets Interested In Eovaldi, Manaea, Pivetta, Flaherty

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The Mets’ offseason has thus far revolved around their pursuit of Juan Soto and their attempts to reload a pitching staff full of free agents.  Sean Manaea and Jose Quintana are on the open market and Luis Severino has already departed to sign a three-year, $67MM deal with the Athletics.  New York has responded by signing Frankie Montas and Clay Holmes to relatively inexpensive contracts, but the team could be looking at further bolstering the rotation with a bigger splash.

Nathan Eovaldi, Nick Pivetta, and Jack Flaherty are three of the names the Mets have shown interest in this winter, according to The Athletic’s Ken Rosenthal and Will Sammon.  Re-signing Manaea is also still a possibility, as Rosenthal/Sammon note that the Mets remain open to a reunion with the left-hander.

Montas signed a two-year, $34MM contract, while the Mets gave Holmes $38MM over a three-year deal.  Given that Eovaldi has a lengthy injury history and is entering his age-35 season, his next contract isn’t likely to surpass three years in length, which fits David Stearns’ preferred method of giving shorter-term contracts to pitchers.  MLBTR projected Eovaldi to land a two-year, $44MM contract, though it is easy to imagine Eovaldi landing more from the Mets or another team considering how many pitchers have already landed higher-than-expected paydays this offseason.

Despite his age, Eovaldi has remained a very solid pitcher, and it was just in 2023 that he posted an All-Star season while helping the Rangers win the World Series.  The 2024 campaign saw Eovaldi deliver a 3.80 ERA and above-average strikeout and walk rates, and his 170 2/3 IP marks the third-highest innings total of his 13 big league seasons.  The right-hander is no stranger to high-pressure championship games in big markets, and seems like a strong fit on a Mets team that has designs on contending for a World Series in 2025.

Flaherty won a ring himself with the Dodgers just this season, capping off a strong bounce-back season that saw him post a 3.17 ERA over 162 combined innings with Los Angeles and Detroit.  The righty is now looking to translate that platform year into a big contract, and since he just turned 29, Flaherty is also younger than Eovaldi, Manaea (33 in February), and Pivetta (32 in February).  However, that also means Flaherty is seeking a longer-term deal, with Rosenthal and Sammon figuring a contract of between four and six years.

MLBTR’s projection split that difference with a five-year, $115MM prediction for Flaherty’s next contract.  It remains to be seen if the Mets would be willing to meet that price, or if Stearns is wary about giving such a deal to a pitcher who battled injuries and ineffectiveness from 2020-23.  This isn’t to say that the Mets president of baseball operations is entirely adverse to longer-term contracts, though Stearns’ chief tactic has been to seek out “the next Flaherty” in the sense of looking for promising arms with bounce-back potential.

Re-signing Manaea is perhaps the most comfortable option given the Mets’ pre-existing familiarity with the veteran left-hander.  There was plenty to like about Manaea’s first season in Queens, and he chose to capitalize on his strong season by opting out of the final year of his contract (worth $13.5MM) with the Mets to pursue a bigger deal in free agency.  Interestingly, Rosenthal and Sammon write that at least one other team interested in Manaea has discussed the possibility of a four-year contract, which would be a bold commitment to a pitcher of Manaea’s age and somewhat inconsistent track record.

The qualifying offer is also a factor in the Mets’ pursuits.  Eovaldi and Flaherty weren’t eligible for the QO and thus no compensation is attached to their services.  Manaea and Pivetta both turned down qualifying offers from the Mets and Red Sox, so their next teams will have to surrender some form of draft or international bonus pool capital in order to sign either pitcher.  This wouldn’t be an obstacle for the Mets in re-signing Manaea since teams don’t have to give up any compensation to re-sign their own player, but signing Pivetta would cost the Mets $1MM in int’l bonus money plus their second- and fifth-highest selections in the 2025 draft.

Boston’s decision to issue Pivetta was seen as a bit of a surprise, and it could be that being attached to a compensation package might dull Pivetta’s market to some extent.  Pivetta is a durable pitcher with quality secondary metrics, yet he was more solid than outstanding over his four-plus seasons with the Red Sox, posting a 4.29 ERA over 633 innings.  This might not be enough of a resume to move the Mets to give up two picks and $1MM from their bonus pool, especially since New York might already be giving away such a bounty if they sign Soto (another qualified free agent).  Signing two QO-rejecting players would cost the Mets $2MM in pool money, as well as their second, third, fifth, and sixth-highest picks in the 2025 draft class, so it doesn’t seem like the Mets would add onto Soto with another qualified free agent.

Yankees, Mets Reportedly Increase Soto Bids Beyond $700MM

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After reports emerged last night that bidding for the services for free agent superstar Juan Soto could reach beyond the $700MM threshold, that possibility appears to have now come to pass. Jon Heyman of the New York Post reported this evening that both the Yankees and Mets have recently pushed their offers to the $710-730MM range as the slugger’s free agency nears its conclusion. Heyman suggests that while it’s “believed” that the Mets have placed the higher bid of the two New York clubs, the deals appear to be within the same range. He goes on to add that there’s been no indication of the Red Sox, Blue Jays, or Dodgers being eliminated from the Soto sweepstakes to this point despite the record-setting offers from both New York clubs.

The 26-year-old phenom has long been expected to easily beat the record for net present value Shohei Ohtani’s megadeal with the Dodgers set last winter, which is estimated to be in the range of $461MM after accounting for the pact’s heavy deferrals. That said, it’s still somewhat shocking that the bidding for Soto has soared high enough that beating the $700MM guarantee Ohtani received last winter before factoring in deferred money is on the table. It’s possible that Soto’s deal could include some deferred money of its own, of course, but even with that possibility in mind it seems increasingly likely that he’ll shatter not only expectations entering the offseason but all previous precedents for guaranteed and annual money for MLB contracts.

Soto is in position to shatter records for a reason, of course. The youngster is particularly attractive to clubs given the fact that he’s marketing his age-26 season in free agency this winter. That extreme youth is uncommon in free agency, especially for top talent, and it allowed right-hander Yoshinobu Yamamoto to secure a record-breaking deal for starting pitchers last winter despite having never thrown a single pitch in MLB. By contrast, Soto is a four-time All Star and two-time MVP finalist who has never been less than 43% better than league average at the plate by measure of wRC+ during his career to this point. Soto’s combination of youth and track record hasn’t been seen in the majors since Alex Rodriguez’s free agency more than two decades ago, and in that time teams have only grown to value youth even more highly.

Per Heyman’s report, all five known finalists for Soto’s services remain in the mix to land the superstar, who is generally expected to make his decision within the next day or two. Heyman suggests that the Yankees, Mets, Red Sox, Dodgers, and Blue Jays have all offered Soto at least $600MM, with the Dodgers’ offer coming in as the lowest of the five by a substantial amount. Beyond that, though, Heyman notes that the other four clubs have made offers that are “believed” to be relatively close to each other, and it’s unclear which of those four clubs has made the highest bid to this point. What’s more, Heyman suggests that Soto won’t necessarily choose the highest bidder, though it’s unclear what might motivate Soto to take a lesser offer. The Mets and Yankees have generally been viewed as the favorites to land Soto by the industry throughout his free agency, but whether that perception aligns with his actual preferences remains a mystery. The Red Sox, for their part, reportedly pushed for an additional meeting with Soto’s camp earlier this week, though it’s unclear if that request was or will be granted before the star makes his decision.

Soto Bidding Could Approach $700MM

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As the Juan Soto decision nears, the expected contract seemingly continues to climb. Jon Heyman of the New York Post writes that the price could push to $700MM. Heyman suggests that the Mets, Yankees, Red Sox and Blue Jays may all be near that mark. The Dodgers are also a finalist, but various reports have put them as the least likely of the quintet to land him.

On Tuesday, The Athletic reported that multiple teams had made offers at or above $600MM. Agent Scott Boras said at the time that Soto had begun to narrow the field, though he didn’t specify a timetable for his decision. Most reports indicate he’s likely to sign by the end of next week’s Winter Meetings, perhaps as soon as this weekend.

According to Heyman, teams have continued to adjust their offers in recent days. Alex Speier of the Boston Globe reported last night that the Red Sox were hoping for a final meeting with Soto’s camp to get the outfielder to name the specific price at which he’d put pen to paper. It’s not clear if Soto would grant any team that sit-down.

Shohei Ohtani’s deal was initially reported as a 10-year, $700MM contract. The extreme nature of the deferrals in the Ohtani deal, which were reported a few days after he announced he was signing with the Dodgers, dramatically reduced the net present value. MLB valued the contract around $461MM for luxury tax purposes. That’s still an all-time record. Soto was unquestionably going to beat $461MM and widely expected to go well beyond $500MM. (MLBTR predicted a 13-year, $600MM contract at the beginning of the offseason.) Getting to $700MM without deferrals would shatter prior contractual precedents.

Ohtani’s $46.06MM annual salary — again adjusting for deferrals — is the record for average annual value. Bryce Harper’s 13-year contract is the longest free agent deal in history. Soto would likely need to break both records to get to $700MM — potentially on a 14-year deal at $50MM annually. It shouldn’t be much longer before we learn if the market will go to those heights.

Mets Sign Edward Olivares To Minor League Deal

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The Mets announced this evening that they’ve signed outfielder Edward Olivares to a minor league deal with an invite to MLB Spring Training. New York also confirmed their previously reported deals to bring outfielder Alex Ramírez and reliever Grant Hartwig back on non-roster pacts.

Olivares is the lone new acquisition of that trio. The righty-hitting outfielder has played for the Padres, Royals and Pirates over an MLB career spanning parts of five seasons. Almost half of his playing time came in 2023, when he appeared in 107 games for Kansas City. The Venezuelan outfielder hit .263/.317/.452 with 12 homers and 11 stolen bases over 385 plate appearances.

Despite the reasonable numbers, the Royals traded Olivares to Pittsburgh last winter. K.C.’s skepticism that he’d repeat his ’23 production was borne out. Olivares had a rough 55-game stint with the Bucs, hitting .224/.291/.333 with five homers. He was part of a very weak right field rotation until the Pirates designated him for assignment in early August. The Bucs hoped that deadline pickup Bryan De La Cruz would fix the position, but he also underperformed and was non-tendered last month.

Olivares has intermittently flashed intriguing physical tools. He has slightly above-average contact skills and owns a .254/.306/.407 batting line in nearly 1000 plate appearances. Olivares is a solid runner with plus arm strength. Despite solid athleticism, he grades as a below-average defender in the corners. He’ll vie for a rotational role in Carlos Mendoza’s outfield.

Mets Acquire Sean Harney From Rays

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The Rays announced that they have sent minor league right-hander Sean Harney to the Mets in exchange for international bonus pool money. The exact amount of bonus pool space heading to the Rays hasn’t yet been reported, but Will Sammon of The Athletic (X link) reports that this it’s part of the 2024 pool.

Under baseball’s international bonus pool system, each team has a hard-capped limit on how much they can spend on international amateurs each year. Broadly speaking, the big-spending teams get smaller pools and the smaller-market clubs gets more. Teams that don’t receive revenue sharing can also have their pool size reduced by signing players who rejected qualifying offers. A team is allowed to increase the size of its pool via trade, though they can only go to 60% beyond their initial allotment.

That pool space is normally used to sign teenagers out of countries like the Dominican Republic and Venezuela, but this winter as a more notable player in the mix: Japanese hurler Roki Sasaki. Since he is going to be posted ahead of his 25th birthday, having just turned 23, he will be considered an amateur. Therefore, he will need to be signed within the international bonus system. That’s been a key storyline this winter so many fans might immediately connect this deal to Sasaki, but this trade is unrelated. It doesn’t signal that the Mets are uninterested in signing Sasaki nor that the Rays feel they have a shot at him. Sasaki has not yet been posted and all reports have suggested he will be available as part of the 2025 international signing period.

Speculatively speaking, it’s possible that the Mets didn’t use all of their 2024 pool money because they were waiting to see exactly when Sasaki would be posted. If he were available in the 2024 period, it would be good to have a bit of powder dry for that, but that won’t be happening. The 2024 international spending period ends very soon, on December 15, with the 2025 international period starting up on January 15 of next year.

With just a few days left to use that pool space, it seems the Mets didn’t have any plans for it and would rather have Harney. The Rays, meanwhile, must have some sort of idea for a late international signing. It’s unclear what those plans are but they seemingly felt like giving up Harney was worth it for that extra pool space, which they only have a few days to make use of.

Harney, 26, was selected by the Rays in the eighth round of the 2022 draft. Since then, he has been working his way up the minor league ladder, mostly in relief but with a few starts. He has thrown 124 2/3 innings on the farm, not having reached the Triple-A level yet. He has allowed 3.90 earned runs per nine innings, striking out 24% of batters faced while walking 8.5%.

Clay Holmes Believed To Be Nearing Decision

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Free agent right-hander Clay Holmes appears close to making a decision on his next team, reports Jayson Stark of The Athletic. Teams that have been in talks with the former Yankees closer have gotten the impression that he’s on the verge of choosing among several offers, per Stark, who adds that Holmes has been negotiating with “a long list of contending clubs.”

Holmes, 32 in April, spent the past three and a half seasons in the Bronx, combining for 217 2/3 innings of 2.69 ERA ball. He fanned 26.6% of his opponents and limited walks at a sharp 7.7% clip along the way. Holmes established himself as one of the game’s premier ground-ball pitchers in that time as well, leaning on a sizzling sinker that averages 96.5 mph to induce grounders at a nearly 68% clip.

While Holmes broke out as a reliever in the Bronx, however, there are reportedly several teams that have interest in bringing him aboard as a starting pitcher. Which role he prefers is surely something Holmes has weighed extensively in free agency — particularly if most of the clubs he’s spoken to are expected contenders. Joel Sherman of the New York Post reported last month that the Mets are among the teams interested in seeing Holmes in the rotation. The Athletic’s Matt Gelb reported just a couple days ago that the Phillies are interested in Holmes in a relief role. While free agency typically boils down to the “money talks” adage, if Holmes had similar offers from a pair of contending clubs who want to use him in different roles, that’d add another layer to the decision process.

In 2024, Holmes tossed 63 innings of 3.14 ERA ball with a 25.1% strikeout rate, 8.1% walk rate and 65% ground-ball rate. He piled up 30 saves, bringing his career total to 74, but also ceded ninth-inning work to teammate Luke Weaver late in the season due to an alarming — and highly out of character — 13 blown saves on the year. He pitched quite well in 13 postseason appearances, logging a 2.25 ERA, 25% strikeout rate, 10.4% walk rate and 53.6% grounder rate in a dozen innings. Holmes was frequently thrust into leverage spots, evidenced by a 3-1 record and five holds over the course of those 13 playoff outings.

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