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Julio Rodríguez Tops 2023 Pre-Arb Bonus Pool

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Mariners center fielder Julio Rodríguez will receive $1,865,349 from the $50MM bonus pool for pre-arbitration players, the highest of the 2023 recipients, per a report from Ronald Blum of the Associated Press. The AP later released a full list of bonus recipients.

A notable new element of the current collective bargaining agreement is that $50MM is to be taken from central revenues annually and distributed to players that have not yet qualified for arbitration. Certain portions of the money are to be based on awards voting:

  • Rookie of the Year: $750K for first place, $500K for second place
  • MVP and Cy Young: $2.5MM for first place, $1.75MM for second place, $1.5MM for third place, $1MM for fourth or fifth place
  • All-MLB: $1MM for being named “First Team,” $500K for being named “Second Team”

As Blum highlights today, a player is eligible to receive the bonus for one of those achievements per year, earning only the highest amount. Rodríguez finished fourth in American League MVP voting, meaning he got $1MM for that, which accounted for the majority of his payout. After the bonuses, the remainder of the pool is divided on a percentage basis among the top 100 players based on the joint MLB/MLBPA-created version of WAR.

Players are still eligible even if they have signed extensions, as long as they would have been pre-arb without signing such a deal. Rodríguez and the Mariners signed a convoluted extension towards the end of his rookie season in 2022 but he’s only at two years of service time now. Since he would have been pre-arb without that extension, he was able to top this year’s pool.

The following 10 players got more than $1MM:

Last year, Dylan Cease got the biggest slice of the 2022 pie, taking home $2,457,426.

Chicago Notes: Lee, Candelario, Pepiot

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After losing Jeimer Candelario, Cody Bellinger, and Marcus Stroman to free agency last month, the Cubs figure to look for additional help at the corner infield spots and in the rotation while also continuing a search for a left-handed bat that saw them connected to both Juan Soto and Shohei Ohtani before the superstars landed with the Yankees and Dodgers, respectively. According to Patrick Mooney of The Athletic, that search for a left-handed bat took them to a somewhat unusual place, as Mooney indicates that Chicago pursued star KBO outfielder Jung Hoo Lee prior to him landing in San Francisco on a six-year, $113MM deal last week.

It’s something of a peculiar fit, as the Cubs have Ian Happ and Seiya Suzuki locked into the corner outfield spots with top prospect Pete Crow-Armstrong and his 80-grade glove in center field expected to break into the majors as a regular sometime next season. While that hasn’t stopped president of baseball operations Jed Hoyer and his front office from pursuing Soto and a reunion with Bellinger, it’s worth noting that Bellinger has plenty of experience at first base and that Soto is a fringe defender in the outfield who may be best suited for a DH role. Lee, by contrast, has spent his entire professional career in the outfield and is viewed as a plus defender on the grass with a chance to stick in center.

Despite the uncertain fit, Mooney suggests that the 25-year-old’s youth, left-handed bat, and ability to play center were all attractive factors in the eyes of the Cubs. Speculatively speaking, the club may have seen Lee as a piece who could slot into center field on Opening Day to allow Crow-Armstrong more time to develop in the minors. Upon Crow-Armstrong’s promotion, the club could have utilized the DH slot, where they have no regular starting option, to rest Suzuki, Happ, and Lee by divvying up time in the outfield corners between the three of them while also allowing them to all play on an everyday basis.

More rumblings out of Chicago…

  • Sticking with the Cubs, Mooney suggests that the club “didn’t express interest” in retaining Candelario after he hit the open market last month. Candelario came up as a member of the Cubs but was shipped to the Tigers at the 2017 trade deadline alongside infielder Isaac Paredes in exchange for catcher Alex Avila and left-hander Justin Wilson. Candelario made his way back to Chicago this past summer when the Cubs landed him in exchange for infield prospect Kevin Made and lefty relief prospect D.J. Herz. Candelario’s second stint with the Cubs was shortened by a two-week stint on the injured list in September due to a back issue. Though Candelario was a strong fit for the Cubs’ offseason needs as a switch-hitting infielder who can contribute at both infield corners as well as DH, it’s possible the club was turned off from pursuing him by the relatively modest .234/.318/.445 slash line he put up in 157 trips to the plate with Chicago this season. Candelario wound up signing with the Reds on a three-year, $45MM deal earlier this month.
  • Looking toward the south side, USA Today’s Bob Nightengale reports that the White Sox were interested in right-hander Ryan Pepiot as part of a possible return package while discussing a Dylan Cease trade with the Dodgers earlier this winter. Pepiot ultimately was shipped to the Rays alongside outfielder Jonny DeLuca in exchange for oft-injured ace Tyler Glasnow and outfielder Manuel Margot. It’s unclear if the Dodgers and White Sox are still engaged in discussions regarding Cease following the Glasnow deal, though the Dodgers are certainly in need of multiple starting pitchers this offseason and would surely benefit from the addition of Cease, who sports a 3.54 ERA and 3.40 FIP over the past three seasons, to their rotation mix.

Cody Bellinger Reportedly Seeking $200MM Or More In Free Agency

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With superstar slugger Shohei Ohtani now off the board after signing on with the Dodgers, the market has seemingly begun to come into focus for center fielder Cody Bellinger, the clear #2 position player on the free agent market this offseason. According to Jon Heyman of the New York Post, Bellinger and agent Scott Boras are seeking “$200MM plus” in contract talks this winter.

That Bellinger is in position to even approach that figure is nothing short of incredible given the brutal fashion his time in LA came to an end. The outfielder dealt with shoulder, rib, and leg injuries throughout the 2021 season and struggled badly when he managed to take the field that season, posting an abysmal .165/.240/.302 slash line across 350 trips to the plate that season. While he was able to avoid the injured list in 2022, the diminished results lingered as he slashed just .210/.265/.389, prompting the Dodgers to non-tender him last offseason.

Not long after being non-tendered, Bellinger took a one-year deal with the Cubs and entered the 2023 campaign hoping to rebuild his value ahead of another trip to the open market after the season. He certainly succeeded in that effort, slashing .307/.356/.525 while earning a top ten finish in NL MVP voting and the second Silver Slugger award of his career. While this new-look Bellinger came with potential red flags regarding his quality of contact in 2023, MLBTR nonetheless projected him for a twelve-year, $264MM deal in our annual Top 50 MLB free agents list, the second-highest projected guarantee after Ohtani.

Since then, many of Bellinger’s potential suitors on the free agent market have gone in other directions. The Yankees landed a trio of left-handed hitting outfielders in Juan Soto, Trent Grisham, and Alex Verdugo on the trade market, seemingly leaving no room for Bellinger on their roster. Meanwhile, the Giants recently landed outfielder Jung Hoo Lee on a six-year, $113MM contract. While it’s certainly feasible that San Francisco could have the resources available to land Bellinger as well, between the club’s existing outfield logjam and need for pitching, it seems more likely that the club would pursue top arms like Yoshinobu Yamamoto, Blake Snell, and Shota Imanaga than double up on talent in center field with a Bellinger signing.

That’s not to say that Bellinger’s market is completely devoid of suitors, of course. The Blue Jays haven’t been shy about their pursuit of a top-of-the-market lefty slugger this offseason, and Bellinger is the clear best player available to fill that niche with both Ohtani and Soto now off the board. Given that, it’s no surprise that Heyman suggests that Toronto is “expected to be a player” for Bellinger this offseason. USA Today’s Bob Nightengale takes things a step further, suggesting that the Blue Jays could be a “favorite” for the 28-year-old’s services this winter. Looking beyond Toronto, both Heyman and Nightengale also indicate that the incumbent Cubs could be a factor in Bellinger’s market this offseason while Nightengale also suggests the Padres as a potential suitor.

Any interest from Chicago or San Diego seemingly comes with caveats, however. The Padres are reportedly facing severe financial constrains and hope to duck under the luxury tax in 2024, and committing $200MM or more to Bellinger would eat away most of the savings the club procured by dealing Soto and Grisham to the Bronx earlier this month. Meanwhile, reports from Sahadev Sharma and Patrick Mooney of The Athletic indicate that the Cubs could prefer to wait out the market and see if Bellinger “falls” to them on a more palatable deal than the outfielder’s current price tag. The Blue Jays, meanwhile, have no such apparent financial restraints or reservations. Of course, it’s possible that another team in need of outfield help such as the Mariners could jump into the fray and change the outlook of Bellinger’s market as the offseason continues.

Central Notes: Cubs, Royals, India, Twins

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The Cubs have received interest on young right-handers Ben Brown and Hayden Wesneski, according to Ken Rosenthal of The Athletic. Rosenthal notes that the club is “not necessarily inclined” to move either youngster, but could become more open to it if they’re successful in adding a veteran starter this offseason. Chicago has been connected to NPB lefty Shota Imanaga on the free agent market and Guardians righty Shane Bieber on the trade market, among others.

Wesneski, 26, was a sixth-round pick by the Yankees in the 2019 draft and was shipped to the Cubs at the 2022 trade deadline in exchange for sidearming right-hander Scott Effross. Wesneski made his MLB debut with the Cubs that September and impressed down the stretch, with a 2.18 ERA and a 25% strikeout rate in 33 innings of work across six appearances. Wesneski went on to win the club’s fifth starter job out of camp in 2023. That decision proved to be an ill-fated one, as he struggled to a 5.09 ERA and 5.90 FIP across eight starts before being demoted to Triple-A. After spending a month in an up-and-down role shuttling between Triple-A and the majors, Wesneski settled into a multi-inning relief role in late June and posted a 3.79 ERA with a 27% strikeout rate across his final 22 appearances (35 2/3 innings).

Brown, 24, has yet to make his major league debut after being acquired from the Phillies in exchange for David Robertson at the same deadline the Cubs landed Wesneski. Upon acquiring Brown, the Cubs immediately promoted him to Double-A where he held his own, with a 4.06 ERA and 32.1% strikeout rate in seven starts down the stretch. Brown returned to the Double-A level for his first four starts of the 2023 season and dominated to a microscopic 0.45 ERA while posting an incredible 39% strikeout rate across 20 innings of work. That success saw Brown earn a promotion to the Triple-A level, where he struggled for the first time in his time with Chicago. While he struck out 31.1% of batters faced, the right-hander’s ERA ballooned to 5.33 in 72 2/3 innings of work as he walked a whopping 15.8% of batters faced. If Brown is able to keep those control issues in check, he figures to be a big league rotation option as soon as next season.

While Wesneski and Brown both come with flaws, it’s hardly a surprise that pitching-needy clubs would be interested in either youngster’s services. After all, controllable starting pitching is among the most sought-after commodities in the league, and a deal with the Cubs involving a lower-level arm like Wesneski or Brown could be more affordable than trading for one of the established regulars who have found their names in the rumor mill this offseason like Marlins lefty Jesus Luzardo or any number of young Mariners right-handers.

More from around MLB’s Central divisions…

  • The Royals have gone on something of a spending spree this offseason, adding Michael Wacha and Seth Lugo to their rotation, Chris Stratton and Will Smith in the bullpen, and Hunter Renfroe to their outfield mix. That’s a combined outlay of more than $100MM in guaranteed money, and the additions have left them with a projected payroll of $112MM for the 2024 campaign according to RosterResource. That being said, GM J.J. Picollo indicated to reporters (including Anne Rogers of MLB.com) that the club has likely done most of its heavy lifting for the offseason. Picollo noted that the club “would be content” with the additions they’ve made this offseason if they were to enter Spring Training with their current group of players, though Picollo did note that the club is going to continue to explore ways to strengthen its depth throughout the remainder of the offseason.
  • MLB Network’s Jon Morosi indicates that trade talks surrounding Reds second baseman Jonathan India “remain active,” and that multiple teams are engaged with Cincinnati on the infielder. Recent reporting indicated that the club feels no additional urgency to part with India or another member of its crowded infield mix even after adding another bat to the logjam in the form of Jeimer Candelario, who signed with the Reds on a three-year deal earlier this month. The 27-year-old started his career off with a bang by winning the NL Rookie of the Year award back in 2021 but has been an essentially league average bat in the two years since, slashing .246/.333/.394 across 960 trips to the plate since the start of the 2022 campaign.
  • The Twins look to be parting ways with a longtime fixture in their front office, as Darren Wolfson of Skor North and Brandon Warne of Access Twins report that vice president Rob Antony will not have his contract renewed by the club when it expires at the end of the current calendar year. Antony first joined the Twins organization back in 1988 and has worked in baseball operations for the club since 1996, including a stint as assistant GM from 2007 to 2021. Antony is perhaps most notable for his brief stint as acting GM of the Twins in 2016, when he bridged the gap between Terry Ryan and Derek Falvey as the club’s head of baseball operations.

Liam Hendriks Targeting Trade Deadline Return From Tommy John Surgery

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Free agent right-hander Liam Hendriks underwent Tommy John surgery in early August and is hoping to be back on the mound roughly one year after going under the knife. He tells Scott Merkin of MLB.com that he’s targeting next year’s trade deadline as a return goal. It appears he has had conversations with some teams but nothing is imminent in terms of getting a deal done.

Hendriks, 35 in February, is wrapping up a challenging year dominated by off-field concerns. He announced in January that he would be starting treatment for non-Hodgkin’s lymphoma. He completed his chemotherapy treatment in April and announced that he was declared free of cancer shortly after that. He began a rehab assignment in early May and was activated from the injured list by the end of that month. Just a couple of weeks later, he landed on the injured list due to elbow inflammation and required TJS in early August, having thrown just five big league innings for the year.

As part of the deal he originally signed with the White Sox, they had a $15MM club option for 2024 that came with a $15MM buyout. The difference, however, was the timing of those equal payments. They decided to buy him out and pay him $1.5MM in 10 annual installments as opposed to picking it up, which would involve paying the entire amount during the 2024 campaign.

Now a free agent, Hendriks will be a long-term play for any interested club, as he’ll miss at least the first few months of the upcoming season. Any club that signs him would be hoping for a late-season boost to the bullpen or would perhaps just be thinking about 2025. One of those teams is the Cubs, with Hendriks relaying that they reached out, but it appears those talks were more preliminary than anything.

“There’s been nothing substantial about any of the conversations we’ve had,” he said. “But they were one of the teams that reached out pretty early on.” It seems other clubs are taking a similar wait-and-see approach. “Obviously, we are in no rush. My timeline hasn’t changed. I’m not going to be ready in April. Teams are making sure they really get their main part of 2024 set up. We’ve had some clubs call and be like, ‘Once it heats up, let us know.’”

His ultimate market might come down to who still has a bit of money left in their budget after the other free agents are signed and Spring Training approaches. But whoever does get him to put pen to paper will obviously be banking on his tremendous run as an elite closer, prior to his mostly lost season in 2023. From 2019 to 2022, he posted a 2.26 earned run average over 226 appearances, racking up 114 saves in the process. He struck out 38.8% of batters faced while walking just 5.1% of them.

If he can get back to anything close to that kind of performance, he would upgrade any bullpen in the league. But for now, it seems he has to wait for things to progress. His target is on the shorter end of the typical TJS return but he could be an intriguing wild card in the 2024 campaign even if he misses that goal by a month or so. On MLBTR’s Top 50 Free Agents post, Hendriks was predicted to secure a two-year, $12MM contract.

Cubs, Jorge Alfaro Agree To Minor League Deal

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The Cubs and catcher Jorge Alfaro are in agreement on a minor league deal, reports Robert Murray of FanSided. The backstop will receive an invitation to major league Spring Training.

Alfaro, 31 in June, was once considered a top 100 prospect in his time as a minor leaguer. He was originally signed as an amateur out of Colombia by the Rangers, but was twice moved as part of a notable trade. He was one of eight players in the deal in that was headlined by Cole Hamels going from the Phillies to the Rangers, then was flipped to the Marlins in the J.T. Realmuto trade.

But he hasn’t been able to live up to that prospect hype just yet. Even as a minor leaguer, his power came with poor plate discipline, but strikeouts have been a big problem in the majors. Defensively, he was considered strong in terms of controlling the running game but not great at blocking, which has also been borne out in the big leagues.

In 1,710 plate appearances to this point, he has walked in just 4.2% of them while getting punched out at a 34% clip. His overall batting line of .253/.302/.393 translated to a wRC+ of 86. On Statcast’s catcher throwing leaderboard, he’s been one of the better backstops since his 2016 debut. But when it comes to blocking, with Statcast’s data going back to 2018, Alfaro is dead last out of 215 catchers to see action in that time.

Despite those flaws, as the old saying goes, there’s no such thing as a bad minor league deal. The Cubs have veteran Yan Gomes and youngster Miguel Amaya set to split the catching duties but no other catcher on the 40-man roster. In the event of an injury, Alfaro can give them a bit of experienced non-roster depth.

Cubs, Mariners, Pirates Interested In Josh Naylor

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Guardians first baseman Josh Naylor drew trade interest from the Cubs, Mariners, and Pirates during the Winter Meetings, Paul Hoynes of the Cleveland Plain Dealer reports.  There is no indication that the Guards were in serious talks about a deal, and as Hoynes notes, “for an offensively challenged club, it seems strange that they’d consider trading [Naylor].  But…it never hurts to listen.”

The 26-year-old Naylor hit .308/.354/.489 with 17 homers over 495 plate appearances last season, marking his second straight year of quality production.  The first baseman has a 124 wRC+ in 993 PA since Opening Day 2022, and this past season saw Naylor develop into more of a well-rounded hitter than just a power bat.  Naylor’s average and OBP increased greatly from 2022, and Naylor also cut back on his strikeouts without losing any of his power.  While he doesn’t walk much, that approach isn’t unusual for a Cleveland team that prioritizes contact above all.

It seems quite possible that Naylor hasn’t yet reached his ceiling, given that his early-career development was stunted by both the pandemic-shortened 2020 season and then a nasty fractured ankle that cut short his 2021 season and cost him a bit of time at the start of the 2022 campaign.  Naylor also missed about a month due to an oblique strain in 2023, and still generated positive numbers despite a very slow start over the season’s first six weeks.

Naylor’s 128 wRC+ actually outpaced Jose Ramirez’s 123 mark for tops among all Guardians regulars, and Josh’s younger brother Bo Naylor also delivered a 124 wRC+ in the smaller sample size of 230 PA.  These were among the few highlights in an overall dismal year at the plate for the rest of Cleveland’s roster, as the lack of hitting and multiple injuries in the rotation left the Guardians with a mediocre 76-86 record in Terry Francona’s final season as manager.

As Hoynes noted, moving Naylor would seem counterintuitive for a Guardians team that is seemingly looking to upgrade the lineup.  However, as is often the case with the Guards’ moves, there is a financial element at play.  Naylor is projected to earn $7.2MM in the second of three arbitration years, and he is eligible to hit free agency after the 2025 campaign.  While Ramirez is a notable exception, the Guardians generally doesn’t try to retain star talent unless they’re locked up to extensions earlier in their careers, so Naylor could potentially join a long list of notable Cleveland players who were dealt with at least one year remaining of team control.

Just this offseason, it is widely expected that the Guardians will deal Shane Bieber since the former Cy Young Award winner will be a free agent in the 2024-25 offseason.  Cleveland has already moved Cal Quantrill to the Rockies in a salary dump type of trade, and this winter in particular carries extra financial uncertainty for the small-market Guardians since the Diamond Sports Group’s bankruptcy proceedings could see the team lose their TV deal.  Since their payroll isn’t expected to go up, that leaves the front office with some tricky decisions to make in figuring out how to improve the roster as a whole.

With this in mind, Naylor becomes a very interesting possible trade chip in an offseason market thin on big bats, particularly in free agency.  Any number of teams would certainly have interest in a 26-year-old who might not have hit his offensive peak yet, and a new club would have two years to perhaps ink Naylor to an extension.

Based on what Cleveland usually seeks out in such trades of established talent, the Guardians could try and obtain an MLB-ready who can help the team in 2024, as well as a longer-term prospect or two.  Turning to the clubs in Hoynes’ report, the highly-ranked farm systems of the Pirates and Cubs could certainly have the assets to fit what would surely be a big asking price from the Guardians.

Acquiring Naylor would instantly fill the Cubs’ needs at first base, and provide a nice pivot after Chicago missed out on Shohei Ohtani.  Cubs GM Carter Hawkins is very familiar with Naylor, as Hawkins previously worked in Cleveland’s front office before heading to Wrigleyville following the 2021 season.  As much as Jed Hoyer’s front office has been hesitant about dealing from its stash of young talent, two years of relatively inexpensive control over Naylor is a tempting proposition, and it would allow the Cubs to then devote extra dollars to free agency.

There is some irony in the Pirates looking to land a player from another team looking to cut costs, given Pittsburgh’s long history of low payrolls.  However, the Bucs have a clear need at first base, and acquiring Naylor would also be another major sign that the team is preparing to finally return to contention.  That push might even come as early as 2024, given the NL Central’s state of flux.

The Mariners are looking for a particular kind of offensive upgrade, as Naylor would fit Seattle’s prioritization of good contact hitters.  The M’s have already parted ways with Teoscar Hernandez, Eugenio Suarez, and Jarred Kelenic in their pursuit of more contact, and acquiring Naylor could also give the Mariners cover to trade current first baseman Ty France.

Steven Brault Announces Retirement

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Left-hander Steven Brault has retired, as he announced on his personal Instagram page last month. A veteran of seven MLB seasons, Brault spent almost his entire major league career as a member of the Pirates. According to a recent report by Jason Mackey of the Pittsburgh Post Gazette, Brault has his sights set on a second act in broadcasting now that his playing career has come to a close.

“I cannot possibly describe what it feels like to achieve a childhood dream,” Brault wrote in his announcement,  “Playing Major League Baseball was everything I could have ever imagined and so much more… I may be retiring from playing, but I plan to continue in this game for life. Baseball is my passion, and I plan on sharing that passion with the world. ”

Drafted by the Orioles in the 11th round of the 2013 draft, Brault was acquired by the Pirates as the player to be named later in the deal that sent outfielder Travis Snider to the Orioles back in January 2015. Brault made his major league debut for the Pirates the following year and served as a swingman while shuttling between the majors and Triple-A from 2016 to 2017. In those first two years of his big league career, Brault posted roughly league average results, with a 4.76 ERA and 4.70 FIP in 68 innings of work.

In 2018, Brault got his first chance to stick on the major league roster, pitching to a 4.61 ERA (85 ERA+) in 91 2/3 innings of work primarily as a multi-inning reliever out of the Pittsburgh bullpen. While Brault held his own in his first full-season taste of big league action, his effectiveness was limited by control issues that saw him issue free passes to 13.8% of batters faced while striking out just 19.9%.

Brault’s role shifted again in 2019, as he began to pitch primarily as a member of the starting rotation. Brault posted a 5.16 ERA during the 2019 campaign that was virtually identical to his previous season by measure of ERA+ (84), but he eclipsed 100 innings for the first (and only time) in his career and posted more solid numbers when looking exclusively at his 19 starts that season. In 95  2/3 innings of work as a starter in 2019, Brault posted a 4.99 ERA with a walk rate under 10% while striking out 20.1% of batters faced.

The shortened 2020 campaign was by far the strongest of Brault’s career. Pitching almost exclusively as a member of the rotation, he posted a strong 3.38 ERA, 34% better than league average by measure of ERA+, with a 3.92 FIP and a career-best 21.3% strikeout rate in 42 2/3 innings of work. Unfortunately for Brault, he’d be left unable to build upon his strong campaign during the shortened season the following year as he was limited to just seven appearances due to a recurring left lat strain that saw him make his first start of the season in August before prompting returning to the injured list in September.

Brault’s injury woes led the Pirates to designate the lefty for assignment following the 2021 campaign, at which point Brault caught on with the Cubs on a minor league deal. Brault once again battled injury issues early in the season but managed to make his debut with the big league Cubs on the Fourth of July. He would ultimately make nine appearances in short relief for the Cubs, posting a 3.00 ERA and 3.33 FIP with a 20.5% strikeout rate before a shoulder strain ended his season.

Entering 2023, Brault caught on with the Spire City Ghost Hounds of the independent Atlantic League, though he did so as an outfielder, not as a pitcher. Brault had hit well during his college days with a .971 OPS in 199 trips to the plate, and was one of the better hitting pitchers in the majors as well, with a career .258/.275/.337 slash line in 101 major league plate appearances. Brault’s stint with the Ghost Hounds ultimately lasted 58 games, during which he slashed a solid .283/.327/.465 with an 18% walk rate in 200 plate appearances.

Ultimately, Brault ended his big league career having posted a 4.73 ERA and 4.64 FIP with 299 strikeouts in 352 1/3 innings of work. Those of us at MLBTR would like to congratulate Brault on his playing career and wish him all the best in his post-playing endeavors.

Shohei Ohtani Decision Reportedly “Imminent”

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Shohei Ohtani’s cloak-and-dagger free agent saga has held up the top end of the free-agent and trade markets alike through the offseason’s first several weeks, but a decision from the two-time AL MVP is “imminent” and could be announced at some point today, per MLB.com’s Jon Morosi. In a segment on MLB Network (video link), Morosi adds that the Blue Jays have improved their standing in the Ohtani derby this week and are a finalist alongside the Dodgers, at the very least.

At last check, the Jays, Dodgers, Giants, Angels and Cubs were all involved in the bidding. The possibility of a dark-horse suitor that’s flown under the radar to this point can’t be ruled out, given the secretive nature of Ohtani’s free agency. Anecdotally, it’s of note that Friday marks six years, to the day, since Ohtani made his last free-agent decision, when he signed with the Angels.

Ohtani and the Blue Jays are believed to have met at the team’s spring training complex in Florida this week. Dodgers skipper Dave Roberts acknowledged during the Winter Meetings that his club had met with Ohtani and considered him their “top priority,” prompting some hand-wringing among Dodger fans that even such a basic acknowledgment of the obvious might work to their detriment. The Giants are reported to have met with Ohtani last weekend at Oracle Park. The incumbent Angels, of course, are already a known and familiar commodity for Ohtani. The Cubs’ status in the bidding remains least certain, though president of baseball operations Jed Hoyer publicly denied reports this week suggesting that his team’s optimism regarding Ohtani had waned.

Bidding on Ohtani was widely expected to eclipse $500MM, even after the slugger/ace underwent elbow surgery following the 2023 season. He’s not expected to pitch in 2024 but is on track to be ready to be in his next team’s Opening Day lineup as a designated hitter. There’s been some speculation this week that the bidding could push closer to a staggering $600MM. It’s heavily speculative at this juncture, given the by-design quiet nature of Ohtani’s foray into the open market.

Ohtani, 29, will be a transformative presence in any lineup he joins. A career .274/.366/.556 hitter, he’s stepped up his offensive game in recent seasons. He’s not quite on the same level as Aaron Judge or longtime teammate Mike Trout in terms of per-game production, but Ohtani has also been in the lineup more than both players over the past three seasons, even after missing the final several weeks of the ’23 campaign due to that elbow injury and an oblique strain. Since 2021, only Judge, Kyle Schwarber and Matt Olson have hit more than Ohtani’s 124 home runs. Only Judge, Trout and Yordan Alvarez have topped Ohtani’s massive 157 wRC+ (indicating that he’s been 57% better than a league average hitter after weighting for home park and league run-scoring environment). In that time, Ohtani carries a .277/.379/.585 batting line.

That’s only half the story with Ohtani, who finished fourth in 2022 American League Cy Young voting and has emerged as a legitimate top-of-the-rotation starter — when healthy. That’s a massive caveat in light of an earlier Tommy John surgery and now a second elbow procedure (details of which remain nebulous to public onlookers). But over the past three seasons, Ohtani has pitched 428 1/3 innings 2.84 ERA ball with an elite 31.4% strikeout rate and an 8.3% walk rate.

If Ohtani is able to return to those heights following a second elbow surgery, there’s a very feasible path to him simultaneously winning a league MVP and Cy Young Award. His ability to regain that form, of course, is the single largest question mark surrounding him. There’s no doubt that Ohtani will pitch again in some capacity, but his expected level of success will remain a talking point until he actually takes the mound. At this point, he’s proven that it’s foolish to bet against him — but even if Ohtani can’t recapture that ace form, there’s plenty of value in him beyond that of a pure designated hitter. If he could pitch even as a capable mid-rotation starter or perhaps effective reliever, that’d be immensely valuable in and of itself.

And, even if Ohtani is simply never able to regain his form as a viable MLB pitcher, there’s no reason to think he’d “only” be a designated hitter. He’s played in the outfield both in Japan and (far more briefly) with the Angels. Ohtani still possesses above-average sprint speed, per Statcast, and there’s some reason to think he could improve upon last year’s 63rd-percentile ranking if he were focusing only on hitting and playing the outfield. He’s swiped 86 bases in his career, including a 20-for-26 showing this past season. The arm strength is clearly there, as is the raw athleticism needed to handle the position. At that point, Ohtani could be viewed in a somewhat comparable light to that of Judge, who signed a nine-year, $360MM contract when he was two years older than Ohtani is at present.

The off-field value associated with Ohtani can’t be discounted, either. Any team signing him will be tapping into a global fanbase that’ll boost merchandise sales, ticket sales, television ratings and more. Ohtani’s broad-reaching brand won’t pay for his salary on its own, but it’s a clear factor that any interested club will be weighing and attempting to contextualize/value when putting forth its best offer.

With a decision looming on Ohtani, let’s open it up for MLBTR readers with a poll:

Report: Ohtani Decision “Expected” By Sunday

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As the ongoing free agency of Shohei Ohtani continues to hold up the remainder of the free agent and trade markets, Jon Morosi of MLB.com reports that the two-time American League MVP is expected to make a decision on his free-agent destination before the end of the weekend.

Ohtani’s free agency has, by design, been shrouded in secrecy. He and agent Nez Balelo of CAA Sports have worked to keep rumors of his potential destination under wraps, and many clubs have reportedly been wary of leaking information or commenting on Ohtani’s free agency in any capacity, for fear that it may hurt their chances of signing him.

Dodgers skipper Dave Roberts bucked that trend yesterday by announcing that his team recently hosted Ohtani for a meeting at Dodger Stadium and stating the obvious: that Ohtani is the Dodgers’ top priority. There’s been plenty of hand-wringing among Dodger faithful that Roberts’ comments harmed the team’s chances, though Morosi said in an appearance on MLB Network this morning that he does not see “in any way” that Roberts’ acknowledgment of what everyone already knew would serve as a deterrent to getting a deal done. It’d indeed be rather surprising if Ohtani’s decision on where he’ll play the next 10 to 13 seasons at a likely price tag north of $500MM were substantially impacted by a team’s manager simply acknowledging interest that has been anticipated for more than a year.

As it stands, the Dodgers are definitively known to have met with Ohtani. Reports this week indicated that the Blue Jays and Giants were also likely to have held sitdowns with the two-way star — the Jays at their spring complex in Dunedin, Fla. and the Giants at Oracle Park in San Francisco. The incumbent Angels are also believed to be in the mix still. Last night, Cubs president of baseball operations Jed Hoyer vehemently refuted reports that his own club’s optimism of landing Ohtani had “significantly waned.” It’s not known when or whether the Cubs hosted a meeting of their own with Ohtani, but Hoyer’s comments keep the door open for them as well.

Whether there are any darkhorse clubs who’ve managed to keep their involvement entirely off the radar is unclear, though that possibility can’t be discounted, given the nature of Ohtani’s free agency and the sheer demand an unprecedented talent like this has created. The Red Sox, Mets and Rangers were all involved early on in the process, but they’ve since appeared to shift their attention elsewhere after falling behind in the bidding.

If Ohtani indeed makes his decision in the next 96 hours or so (give or take), that would in all likelihood set the stage for the proverbial offseason floodgates to open. None of the reported finalists has been willing to make a significant move until learning whether they’ll be the team to ultimately reel in Ohtani. As such, that’s directly impacted the market for names like Yoshinobu Yamamoto (presumably a target of all finalists in the Ohtani bidding), top free agent bats like Cody Bellinger (a potential Giants, Jays or Angels target if Ohtani goes elsewhere) and even trade candidates like Tyler Glasnow and Shane Bieber, whose teams surely want to gauge interest from the runners-up in the Ohtani bidding.

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