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Yankees Tender Contract To Gary Sanchez

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The Yankees announced Tuesday that they will tender a contract to all of their arbitration-eligible players, including catcher Gary Sanchez. Sanchez has come up as a possible non-tender candidate in each of the past two offseasons but he’ll be offered a contract and remain with the club for the time being. He’s projected by MLBTR contributor Matt Swartz to earn $7.9MM in 2022 — his final season of arbitration eligibility.

Sanchez, 29 this week, has become a polarizing player among Yankee fans given his near-unparalleled power at the catcher position but also his low batting averages, high strikeout rates and shaky defensive skills. The former top prospect looked like a star in the making from 2016-17 but has since ridden a roller coaster of productivity to a composite .201/.299/.444 slash with a 28.1% strikeout rate.

Poor batting average notwithstanding, Sanchez’s ability to draw a walk and immense power clearly are valued by the Yankees (and likely would be by other clubs as well). Metrics like wRC+ and OPS+ (both at 99 from 2018-21) suggest that the walks and power are enough to bring Sanchez right up to the cusp of league-average production, though the path he takes to get there is a rather unpopular one among fans. Still, when Sanchez is on a hot streak, his bat can carry a team. Those frequent but brief flashes of potential serve as a reminder of the overall upside and the reason that the Yankees have stuck with him despite the ups and downs.

That said, it’s not as though New York chose not to explore the market for alternatives. MLB Network’s Jon Heyman tweets that the Yankees explored the free-agent and trade markets for catching help in recent days before opting to simply stick with Sanchez. It’s a thin free-agent market for catching options, however, with Yan Gomes standing out as the lone starting-caliber option behind the dish. The trade market, meanwhile had a few potential options, but GM Brian Cashman was ostensibly either nonplused with the available names themselves or the asking prices attached. New York was at least speculatively linked to 2021 Gold Glove winner Jacob Stallings, but he was traded from Pittsburgh to Miami yesterday in exchange for a three-player package.

All that said, while Sanchez is at least in line to serve as the team’s primary backstop in 2022, it’s more written in pencil than etched in stone. Arbitration contracts are only partially guaranteed, as teams can cut a player on an arb contract and owe them only 30 days’ termination pay (i.e. prorated salary) so long as the move is made prior to the halfway point in Spring Training. Cutting a player in the second half of camp boosts that number to 45 days’ prorated salary, and the contract becomes fully guaranteed on Opening Day.

It seems unlikely that New York would simply release Sanchez, of course, but the Yanks could conceivably reinvestigate the catching market to see if there are new trade possibilities — both in terms of players to acquire and teams with interest in Sanchez — in the days following the likely lockout. The smart money is on Sanchez reprising his role as the Yankees’ primary catcher next season, of course, but it remains possible that an unexpected opportunity will prompt the Yanks to pivot.

Backing up Sanchez will quite likely be Kyle Higashioka, who bore some similarities to Sanchez in 2021 — at least offensively. While Higashioka is a better defender, his .181/.246/.389 slash struck a familiar chord: plenty of pop and a respectable number of walks but low average/on-base marks fueled by a lofty strikeout rate. Higashioka is out of minor league options, so if the Yankees wanted to find a different skill set to back up Sanchez, they’d likely need to expose the 31-year-old Higashioka to waivers, as it’s unlikely they’d carry three catchers on the roster.

Jack Curry of the YES Network first reported that Sanchez would be tendered a contract.

Yankees, Blue Jays Among Teams With Interest In Freddie Freeman

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2020 NL MVP Freddie Freeman is one of the top free agents on the market this winter, and he’s unsurprisingly drawing interest from a few of the game’s higher-spending organizations. The Yankees and Blue Jays are among the teams to have reached out to the five-time All-Star, reports Jon Heyman of the MLB Network (Twitter link).

Many around the industry expect Freeman will eventually re-sign with the Braves. The star first baseman has been a member of the organization for nearly a decade and a half, and it’d be a bitter pill for the fanbase to swallow if Freeman departs on the heels of Atlanta’s first World Series title since 1995. No deal has yet gotten done, though, with the Braves’ reluctance to offer a sixth guaranteed year reportedly the hold-up in talks so far. Heyman adds that Freeman had been seeking a guarantee in the $180MM range. Entering the offseason, MLBTR indeed projected a six-year, $180MM pact for the three-time Silver Slugger award winner.

It’s certainly not out of the question Freeman and the Braves will eventually bridge their gap. Heyman notes that some other organizations in pursuit are still skeptical about the possibility the 32-year-old leaves Atlanta. There’s no harm for clubs to reach out to Freeman’s representatives at Excel Sports Management in case the Braves aren’t willing to meet his ultimate ask, though.

Were Freeman to seriously entertain the possibility of leaving Atlanta, it stands to reason other clubs would get involved. Both Heyman and Ken Rosenthal of the Athletic have floated the possibility of the Dodgers making a run at the Southern California native. Los Angeles has already lost Corey Seager and could see Chris Taylor also depart. Signing Freeman while bumping Max Muncy over from first to second base would go a long way towards replacing the offensive production they’ve lost this winter.

Broadly speaking, any big-market team could poke around the Freeman market. The Jays have no need for a first baseman, with Vladimir Guerrero Jr. looking to have made the jump to perennial MVP candidate. Toronto could free up at-bats at designated hitter to accommodate Freeman, though, and other high-spending clubs could similarly move incumbent pieces around to make a signing work. Freeman is one of the game’s most consistently productive hitters, having been at least 32 percentage points better than average at the plate (by measure of wRC+) in each season since 2013.

Yankees Release Chris Gittens; Gittens Expected To Pursue NPB Opportunity

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The Yankees have released Chris Gittens, according to the MLB.com transactions tracker. Lindsey Adler of the Athletic reports (on Twitter) that the hulking first baseman is likely to pursue an opportunity with a team in Japan’s Nippon Professional Baseball. The move opens a spot on New York’s 40-man roster, which now sits at 39.

This kind of move isn’t uncommon for players on the fringes of a 40-man roster. Teams in South Korea or Japan are often willing to put forth a loftier guaranteed salary than players like Gittens would receive shuttling between the majors and Triple-A. Assuming he’s indeed signing with an NPB club, Gittens is likely to find himself in a more financially stable situation than he’d have been in with the Yankees.

Gittens, 28 in February, earned his first brief big league look this past season. He only tallied 44 MLB plate appearances and didn’t perform especially well, but he had an otherworldly year with their top affiliate in Scranton/Wilkes-Barre. Over 184 trips to the plate at the minors’ top level, the right-handed hitter mashed at a .301/.440/.644 clip with 14 homers. Given that dominant run against high level pitching, it’s easy to understand why he caught the attention of evaluators in foreign pro leagues.

It’s not out of the question Gittens makes a return to the U.S. over the coming seasons. Eric Thames, Merrill Kelly, Miles Mikolas and Josh Lindblom are a few fairly recent examples of former big leaguers who raised their stocks with strong showings in Asian professional leagues. Those players all returned to the U.S. on guaranteed big league deals later in their careers. That’s not to say it’s a given every one-time major leaguer will have that kind of success, but it’s also not out of the realm of possibility Gittens follows a similar path.

Rangers Making Push For Corey Seager

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The Rangers have already agreed to terms with one of the five big free-agent shortstops, hammering out a seven-year, $175MM deal with Marcus Semien. They’re reportedly still in the market for another infield upgrade, however, and MLB Network’s Jon Heyman tweets that they’re making a “big push” to sign Corey Seager.

Both Ken Rosenthal of The Athletic and Joel Sherman of the New York Post reported last night (Twitter links) that the Rangers were in play for Seager even after agreeing to the Semien deal, with Sherman adding that Seager is hopeful he’ll choose a new club today. And Evan Grant of the Dallas Morning News wrote earlier today that the Rangers remained “very much” in the hunt for Seager as of this morning.

SNY’s Andy Martino reported this morning that both the Rangers and Dodgers were more much more involved in the Seager market than the Yankees, who aren’t believed to have been as aggressive on the 27-year-old. That meshes both with the idea of Texas still being a serious player for Seager and with recent reports suggesting that the Yanks might not sign any of the big-name free agent this winter.

It’s far from clear that Seager’s market is a two-horse race between the Dodgers and Rangers at this point. That said, both parties can certainly afford to sign Seager long-term, and the Dodgers did just tap out during the bidding for ace Max Scherzer, who’s headed to the Mets on a record-setting three-year contract. Seager, like Scherzer (and Semien), is represented by the Boras Corporation, so it’s perhaps possible now that with Scherzer and Semien resolved, the focus will turn to finding a landing spot for Seager.

Seager rejected an $18.4MM qualifying offer from the Dodgers at season’s end and is widely expected to cash in on a contract that spans upwards of a decade in length. The former first-round pick and NL Rookie of the Year has posted a combined .306/.381/.545 batting line with 31 homers through his past 147 games/641 plate appearances.

While the Rangers already have Semien in tow and have another capable defensive shortstop in Isiah Kiner-Falefa, the defensive flexibility both Semien and Kiner-Falefa bring to the table allows Texas to be rather nimble in its offseason pursuits. Seager could conceivably play either shortstop or third base, while both Kiner-Falefa and Semien can handle any of third, short or second base. Signing Seager would headline what’s been a highly aggressive offseason thus far for a Rangers club that has not only signed Semien but also agreed to deals with righty Jon Gray (four years, $56MM) and outfielder Kole Calhoun (one year, $5.2MM).

Pirates’ Jacob Stallings Drawing Trade Interest

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Pirates catcher Jacob Stallings is generating trade interest from clubs seeking help behind the plate, tweets MLB Network’s Jon Heyman. He lists both the Marlins and Yankees as possible matches in a trade.

Stallings, 32 next month, won’t wow anyone with his offensive numbers but is widely regarded as one of the best defensive catchers in the sport — if not one of the best defenders at any position. Over the past three seasons, he’s posted a .251/.331/.374 batting line with 17 home runs, 32 doubles and a triple in 780 plate appearances. That’s about nine percent worse than the league-average hitter, by measure of wRC+, though it’s right in line with the leaguewide average for catchers, specifically.

It might be tempting to assume that Stallings’ on-base percentage has benefited from hitting eighth in front of Pirates pitchers, but that’s not necessarily the case. Stallings has spent a good chunk of time in the eight spot, but he’s spent more time hitting fifth, sixth and seventh in the Pittsburgh lineup and actually has better walk rates out of those slots than he does in the eight hole.

Where Stallings truly shines, however, is with the glove. He’s ranked as one of the game’s best defenders for the past few seasons and finally got his well-deserved credit in 2021 when he took home his first NL Gold Glove Award. Stallings posted a massive 21 Defensive Runs Saved mark in 2021 and has racked up an outstanding 42 DRS dating back to Opening Day 2019.

Stallings has consistently delivered plus framing marks according to each of Statcast, FanGraphs and Baseball Prospectus, and he draws perennially strong marks for his pitch-blocking skills at Baseball Prospectus as well. In terms of controlling the running game, Stallings had something of a down season in 2021 (21% caught-stealing), though the pitching staff surely shared some of the blame in that regard; Stallings had a huge 36.2% caught-stealing rate from 2019-20.

The other element of Stallings’ appeal is his affordable salary and remaining club control. Because he doesn’t pile up the counting stats that portend significant arbitration salaries, he’s projected by MLBTR contributor Matt Swartz to earn a highly reasonable $2.6MM in 2022. He’s controlled another two seasons beyond that, so any club to acquire Stallings would be bolstering its catching corps through the 2024 season.

Pittsburgh doesn’t have an immediate heir-apparent to take the reins if Stallings is dealt. Between that fact and the combination of his salary, club control and excellent defense, Stallings may have higher trade value than some would expect when glancing solely at his offensive numbers. That said, the lack of an immediate successor in Pittsburgh shouldn’t necessarily dissuade the Bucs from jumping if a strong offer is presented. The Pirates aren’t contending in 2022 anyhow, and the free-agent market has a number of veteran options who could be plugged in as a stopgap while the team waits on 2021 No. 1 overall pick Henry Davis to develop in the minors.

Yankees Place Clint Frazier, Rougned Odor On Release Waivers

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4:49 pm: Frazier has been placed on release waivers, but he has not yet cleared, tweets MLBTR’s Steve Adams. The waiver period expires tomorrow, so it remains possible another team grabs Frazier off the wire. If he passes through unclaimed, he’ll hit free agency.

4:05 pm: New York announced they’ve released both Frazier and Rougned Odor, who was also designated for assignment last week. Odor hit .202/.286/.379 across 361 plate appearances with the Yankees this past season. The Rangers will remain on the hook for almost all of his $12.33MM salary for 2022, per the terms of the teams’ April trade.

2:51 pm: The Yankees have released outfielder Clint Frazier following last week’s DFA, tweets MLB Network’s Jon Heyman.

The 2021 season proved to be a brutal one for Frazier, a former first-round pick and top prospect whom the Yankees acquired from Cleveland as part of their return for lefty Andrew Miller. Frazier looked like a breakout candidate from 2019-20 when he posted a combined .267/.347/.497 batting line with 20 homers, 20 doubles and a triple in 465 plate appearances. However, he appeared in just 66 games this season and tallied 218 plate appearances with a woeful .186/.317/.317 output in that time.

More concerning than his bottom-line performance, however, were persistent health issues that still remain somewhat vague and unclear to the public. Frazier has had a concussion in 2018 and has since spent time on the injured list for blurred vision, dizziness and other vertigo-like symptoms. He pulled himself from a minor league rehab assignment this summer, after which manager Aaron Boone told reporters that Frazier was “not quite feeling where he needed to be.” He didn’t return to the field thereafter.

Precisely what has bothered Frazier, however, hasn’t been fully clear. The Yankees were typically vague with updates, and Frazier himself tweeted on Oct. 11 that the injury issues have been “very personal to me and something I’ve wanted to handle privately.” There’s no sense in speculating as to the root of the issue, but the obvious hope is that any maladies that have troubled the clearly talented 27-year-old can soon be put in the past.

With Frazier now reaching the market, he’ll be able to sign with any club. He still has three seasons of arbitration eligibility remaining, so Frazier will likely sign a one-year deal somewhere and, if all goes well, reenter the arbitration system with his new club. A rebuilding team with plenty of at-bats to offer could view Frazier as an appealing upside play — not entirely dissimilar from David Dahl an offseason ago. While the Dahl signing didn’t pan out in Texas, Frazier will surely have teams interested in a similar scenario — assuming he’s in good health.

Prior to his MLB debut, Frazier ranked among the 50 best prospects in the game on most notable lists. He’s a career .262/.333/.471 hitter in 934 Triple-A plate appearances, and Frazier entered the 2021 season as a career .258/.331/.475 hitter in 589 MLB trips  to the plate.

Angels Acquire Tyler Wade, Designate Kean Wong

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The Yankees announced Monday that they’ve traded infielder/outfielder Tyler Wade to the Angels in exchange for cash or a player to be named later. Wade was designated for assignment Friday amid a series of moves as the Yankees set their roster in advance of the Rule 5 protection deadline. The Angels announced that they have designated utilityman Kean Wong for assignment in a corresponding move.

Wade, 27 tomorrow, has spent parts of the past five seasons on the Yankees’ bench, serving as an oft-used utility option while being frequently shuttled between the big leagues and Triple-A Scranton/Wilkes-Barre. Last year’s 145 plate appearances were a career-high (though they were spread across 103 games), and Wade’s .268/.354/.323 slash during that small sample was the most productive of MLB stretch of his career. In all, he’s a .212/.298/.307 hitter in 491 plate appearances for the Yankees.

Of course, Wade was always more of a defensive option than a player expected to make meaningful contributions with the bat. During his half-decade run with the Yankees, he saw time at every position other than first base, catcher and pitcher. The bulk of that workload came at second base (546 innings) and shortstop (331 innings), but Wade has 33 appearances at the hot corner and 57 in the outfield.

Wong, the younger brother of Brewers second baseman Kolten Wong, was a fourth-round pick by the Rays back in 2013 but has yet to find his footing in the big leagues. The 26-year-old has seen MLB times both with Tampa Bay and the Halos but managed only a .167/.188/.218 output in an admittedly small sample of 84 plate appearances. The younger Wong is a career .293/.355/.421 hitter in more than 1600 Triple-A plate appearances, however, and he also still has a pair of minor league option years remaining.

Another club in need of some infield depth could conceivably take a chance on Wong, who’ll either be traded, placed on outright waivers or released in the next seven days. Even if Wong goes unclaimed on waivers and is outrighted to Triple-A Salt Lake, he’ll have the opportunity to reject that assignment and become a free agent, given that it would be the second time in his career that he’s been outrighted.

Yankees “Monitoring” Rather Than Pursuing Top Free Agent Shortstops?

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The Yankees have a stated need at shortstop and have already been in touch with several of the biggest names in the free agent shortstop market, and yet it isn’t yet clear if the Bronx Bombers are actually planning to make such a big signing.  The New York Daily News’ Matthew Roberson wrote earlier this week that the Yankees were planning to focus on other needs rather than spend big at shortstop since prospects Anthony Volpe and Oswald Peraza are a year or two away from the majors, and Joel Sherman of The New York Post offers a similar sentiment today, though with a caveat.

According to agents and rival executives, Sherman says the Yankees are less full-on participating in the shortstop market than they are “monitoring” the situation and “waiting to see if a market collapses, in which case they might still swoop in to try to sign one.”  For instance, in the event of a league-wide transactions freeze following the expiration of the Collective Bargaining Agreement on December 1, free agents would be in limbo until the freeze was lifted, possibly leading to a sudden surge of deals during Spring Training.  This could create a rushed scenario where one of the top five free agent shortstops can’t find an acceptable long-term deal and could be open to a one-year deal from the Yankees — perhaps akin to the one-year, $25MM pact the Bombers offered Justin Verlander before he re-signed with the Astros.

Even if none of the “big five” shortstops are available at such a price, waiting until later in the offseason might also open up more trade possibilities for the Yankees at the position, Sherman notes.  In any sense, it doesn’t appear that New York is willing to make a long-term commitment at shortstop, and if a multi-year mega-deal is struck, it might be a contract extension for a known quantity like Aaron Judge.

If the Yankees did extend Judge and add prominent names to the rotation or at other positions (i.e. first base or center field), Bronx fans might be satisfied with the team opting to acquire a lesser shortstop than any of Corey Seager, Carlos Correa, Marcus Semien, Javier Baez, or Trevor Story.  Then again, for a fanbase used to their team splurging on premium talents, sitting out this star-studded market when shortstop is such a clear need probably won’t be received all that well no matter what other players join the roster.  It also puts extra pressure on Volpe and Peraza to produce, as while the duo are highly-regarded minor leaguers, Sherman notes that the Yankees haven’t gotten consistent results from many of their top homegrown position players in recent years.

The December 1 CBA date has added plenty of extra uncertainty and urgency to this year’s offseason market.  Last week, ESPN’s Jeff Passan wrote that Seager and Semien could be among the players more eager to get a new deal finalized before the CBA expires.  In in the nine days since Passan’s report, there hasn’t been any inkling that Seager or Semien are particularly close to a contract, though multiple teams (including the Yankees) have been known to be interested in both players.  Of the prominent free agents who have already signed contracts, the majority have been pitchers — Brandon Belt is the only position player within MLBTR’s top 50 free agent list that has already put pen to paper, accepting the Giants’ qualifying offer.

One or more of the top shortstops leaving the market would certainly have an effect the Yankees’ plans to wait out a freeze, but even all of the five big names signing elsewhere might not do much to impact what ultimately might be something of a “plan B” for the team.  If anything, a February signing flurry might allow New York to obtain a stopgap shortstop (their bridge to Volpe and Peraza) at a lesser price, since non-elite free agents are likely to be more heavily affected by a freeze than the names at the top of the market.

Yankees Reportedly Offered Verlander One-Year, $25MM Deal

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Before he signed a two-year, $50MM deal to return to the Astros, the Yankees made a decent push to sign veteran righty Justin Verlander. The Yankees offered Verlander $25MM for 2022, but they did not offer a second season, per Jon Heyman of the MLB Network (via Twitter). Verlander ultimately got $25MM a year for two years with an opt-out from the Astros.

Though Verlander has made just one start in the past two seasons, the 8-time All-Star won the American League Cy Young award the last time he was healthy for a full season, leading the Astros to an American League pennant. $25MM is no paltry sum, but as a one-year deal, signing Verlander would have been a relatively low-risk move for New York.

Without Verlander, the Yankees are still on the lookout for more rotation help. As of now, their rotation consists of Gerrit Cole, Jordan Montgomery, and a host of less certain options. Luis Severino should be a solid third arm if he’s able to stay healthy, and Nestor Cortes Jr. put together a pretty convincing run at the end of the 2021 season. Domingo German and Jameson Taillon are veterans with question marks who are capable of adding value from the rotation – though you might not be totally comfortable banking on a full season from either.

Meanwhile, the Yanks will again hope that their younger arms are able to establish themselves as contributors. Deivi Garcia, Luis Gil, Clarke Schmidt, Luis Medina, and Michael King are all on the 40-man roster and could compete for bulk innings roles. Garcia is the most popular name in that bunch after a heartening six starts in 2020, he took a step back last year, pitching to a 6.48 ERA/4.85 FIP across 90 2/3 innings in Triple-A while making just two starts in the Majors.

Yankees Designate Clint Frazier, Rougned Odor And Tyler Wade For Assignment

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The Yankees announced they’ve designated Clint Frazier, Rougned Odor and Tyler Wade for assignment. The moves create roster space for the selections of prospects Oswaldo Cabrera, Ron Marinaccio, Everson Pereira, Stephen Ridings and JP Sears to the 40-man roster. That keeps all five from being selected in the Rule 5 draft.

Frazier and Wade are arbitration-eligible, but the Yankees evidently determined they weren’t going to bring either player back. It’s easy to envision both attracting interest over the coming days, and New York will ten days to explore offers.

Frazier was a middle-of-the-order presence as recently as last year, when he mashed at a .267/.394/.511 clip. That came in a small sample of 160 plate appearances during a truncated season, but it was the kind of offensive upside talent evaluators have lauded for the former #5 overall pick. While Frazier’s a limited defensive player with swing-and-miss concerns, he also flashed a tantalizing blend of raw power and plate discipline.

The 2021 season was a disaster, though. Not only did the 27-year-old’s line fall to a miserly .186/.317/.317, he didn’t play past the end of June due to recurring vertigo-like symptoms. It’s certainly not how either he or the team would’ve envisioned his time in pinstripes coming to an end.

MLBTR contributor Matt Swartz projects Frazier for a modest $2.4MM salary if he were to proceed through the arbitration process. It wouldn’t be a surprise to see another team roll the dice on his upside for that affordable sum, either via trade or waiver claim. If Frazier were to clear waivers, he’d have the right to elect minor league free agency.

That’s also the case for Wade, who’s projected for an affordable $700K arb salary. The 26-year-old doesn’t bring much power potential, but he draws a fair amount of walks, runs well and can handle multiple positions. Wade is coming off a .268/.354/.323 showing in 145 plate appearances, and it’d register as a surprise if he didn’t land elsewhere in the coming days.

The Yankees swung a deal to acquire Odor from the Rangers just before the start of the 2021 season. While the left-handed hitter had some timely hits, his overall production was lackluster. Odor managed just a .202/.286/.379 mark over 361 plate appearances. The 27-year-old will be guaranteed $12MM next season, the final year of his contract. Texas remains on the hook for essentially all of that sum, so any team that acquires Odor would only owe him the league minimum salary.

Turning to the prospects involved, Ridings may be the best known. The big right-hander already made his MLB debut this past season as a COVID replacement. While he only worked five innings of relief, he looked like a potential late-game weapon. Ridings averaged 97 MPH on his fastball and generated whiffs on a massive 18.9% of his offerings. The 26-year-old also posted dominant numbers in the high minors.

Cabrera is the highest-regarded of the group, according to Baseball America. BA’s #8 organizational farmhand, Cabrera is coming off a solid .256/.311/.492 showing with 24 homers over 478 plate appearances at Double-A Somerset. He’s regarded as a high-end defensive infielder with strong bat-to-ball skills and burgeoning power.

Pereira, a lefty-hitting center fielder, was limited to 221 low minors plate appearances by injuries. The 20-year-old probably isn’t a near-term big league option, but the Yankees didn’t want to chance another team taking a shot on his upside. A highly-regarded amateur coming out of Venezuela in 2017, he raked at a .303/.398/.686 clip when healthy enough to take the field this year. Neither Sears nor Marinaccio has ever made an organizational ranking at FanGraphs or BA, but both posted strong numbers in the high minors and could be big league options in 2022.

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