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Mark Payton Signs With NPB’s Seibu Lions

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The White Sox re-signed Mark Payton to a minor league deal earlier this month, but it appears he’ll instead play the 2023 season in Japan, having signed with the Seibu Lions, per an official announcement from the team.

Payton made just eight appearances for the White Sox in 2022, tallying 25 plate appearances and picking up three hits. In a far bigger sample size at Triple-A, Payton hit 25 home runs and put up a .293/.369/.539 line in 539 plate appearances.

The 31-year-old was drafted in the seventh round of the 2014 draft by the Yankees, but never made it to the big leagues with New York. Instead, his first opportunity in the majors would come with Cincinnati in 2020. Over two seasons with the Reds, Payton would hit .175/.250/.200 over 44 plate appearances.

While Payton’s never really had an extended opportunity in the big leagues, he has posted strong numbers in Triple-A, putting up a combined .296/.370/.515 over 1,853 plate appearances in six seasons in the top level of the minors.

White Sox Acquire Gregory Santos

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The White Sox are acquiring reliever Gregory Santos from the Giants, reports Robert Murray of FanSided. Santos was recently designated for assignment by the Giants. The White Sox have since announced the deal, with minor league right-hander Kade McClure going the other way.

Santos, 23, began his career in the Red Sox organization but came to the Giants in the 2017 deadline deal that sent Eduardo Núñez to Boston. The Giants were impressed enough with his development to give him a 40-man roster spot ahead of the 2020 Rule 5 draft. In 2021, Santos made a brief MLB debut but was handed an 80-game suspension in June after testing positive for Stanozolol, a banned performance-enhancing drug.

In 2022, Santos served as optional depth, throwing just 3 2/3 innings in the big leagues. In 33 Triple-A innings, he posted a 4.91 ERA with strong strikeout rate and ground ball rates of 23% and 51.7%, respectively. However, control was an issue with Santos walking 13.5% of batters faced, something that has been a persistent problem in recent years. He has a 16.7% walk rate in his brief MLB tenure as well.

Despite those control issues, the White Sox are likely interested in the power of his arm, as his fastball averaged at 98.8 mph in his brief showing this year. He’s also still quite young and has one option year remaining, allowing him to serve as depth in the minor leagues.

McClure, 27 in February, was a sixth round selection of the White Sox in 2017. He worked his way up the minors as a starting pitcher, posting decent enough results for Baseball America to deem him the #20 White Sox prospect going into 2021. Unfortunately, he reached Triple-A that year and struggled by posting a 6.81 ERA. In 2022, the Sox shifted him to the bullpen, as he made just five starts and 39 relief appearances. His 4.97 ERA in Triple-A this year still isn’t great, but he did have solid peripherals with a 24.8% strikeout rate, 7.2% walk rate and 39% ground ball rate.

Mets Showing Trade Interest In Liam Hendriks

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The Mets are among the clubs that have contacted the White Sox regarding Liam Hendriks, reports Michael Mayer of Metsmerized (Twitter link). Reports emerged a couple weeks ago that Chicago had been discussing their star closer with other teams, though the identity of those clubs wasn’t clear.

Certainly, the Mets aren’t the only team that’d be interested in prying Hendriks from Chicago. The 33-year-old is one of the sport’s top late-game weapons. Hendriks broke out with the A’s in 2019, tossing 85 frames with a 1.80 ERA to secure his first All-Star selection. He’d surely have earned another had there been a Midsummer Classic in 2020, as he finished ninth in AL Cy Young balloting during the abbreviated season thanks to a 1.78 mark through 25 1/3 frames.

After that season, the right-hander made the move to Chicago. Hendriks inked a $54MM guarantee with the White Sox, with Chicago gambling he’d maintain his late-career breakout form. He’s done just that, posting a 2.66 ERA over 127 frames with the Sox. After posting a 2.54 ERA in year one, he followed up with a 2.81 mark through 57 2/3 innings this past season. Hendriks earned All-Star selections in both seasons and struck out an excellent 36.2% of batters faced in 2022. He missed a few weeks in the middle of the year with a forearm strain — an alarming-sounding diagnosis for a pitcher — but he returned seemingly no worse for wear, striking out 35.4% of opponents while sitting north of 97 MPH on his heater in the second half.

Any contender looking for bullpen help could check in with Chicago general manager Rick Hahn. Hendriks would be an impact addition to the late innings for any club, and the Mets are no exception. New York has one of the handful of relievers who might be better than Hendriks to pitch the ninth inning after re-signing Edwin Díaz to a five-year free agent contract. They agreed to terms with Adam Ottavino on a two-year deal this afternoon, and they’ve also brought in David Robertson from outside the organization. The Mets don’t necessarily need more bullpen help, but they’ve shown no qualms about going after high-end talent no matter the cost.

That’s reflected in their astronomical spending, the likes of which MLB has never seen before. New York has a 2023 player payroll projected by Roster Resource around $351MM. Their luxury tax number sits around $363MM, a staggering $130MM higher than next year’s base tax threshold. That lines them up for a projected tax bill of $92.4MM, which would put their total player spending around $443.4MM.

Additional pickups would obviously add to that figure. Hendriks is guaranteed $14MM in 2023, and his contract contains a $15MM club option for the ’24 season. That comes with a matching $15MM buyout, which would be distributed in $1.5MM installments through 2033. That’d be a small benefit, but the only incentive for the White Sox not to exercise the option would be if Hendriks suffers an injury that takes him out of action for most or all of the 2024 campaign or has such a dramatic drop in performance his spot on the roster would be in jeopardy.

If Hendriks is traded, that option vests. Hendriks would then be guaranteed $29MM over the next two seasons. Matt Gelb of the Athletic has previously reported that under the new CBA, for luxury tax purposes, traded players on multi-year contracts see the average annual value of their deal recalculated at the time of the trade. In Hendriks’ case, he’d be pegged at $29MM over two years — a $14.5MM AAV for an acquiring team. If not traded, his deal counts for $18MM against the White Sox’s tax ledger in 2023, as it was technically a three-year, $54MM guarantee at signing.

For the Mets, taking on a $14.5MM AAV would come with an additional $13.05MM in taxes, as they’re taxed at a 90% clip on all future spending. Topping $27MM in actual money annually for a reliever is something virtually no other team would do, but New York seemingly can’t be counted out of any move at this point.

Of course, there’s no indication the Mets and White Sox have made much or any progress. To this point, the exercise is mostly theoretical. New York would face plenty of competition if the Sox commit to moving Hendriks, who’s better than any available free agent reliever. Chicago could certainly elect to hang onto him entirely, since they’re working to rebound from an 81-81 showing to compete in the AL Central. The White Sox agreed to terms with Andrew Benintendi on a five-year, $75MM deal last week. If his salaries are evenly distributed, that’d push their projected payroll to $193MM, which would be right in line with this past season’s franchise-record mark.

White Sox Sign Billy Hamilton To Minors Contract

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The White Sox have signed outfielder Billy Hamilton to a minor league contract, MLB.com’s Scott Merkin reports (Twitter link).  Hamilton will receive an invitation to Chicago’s big league Spring Training camp.

This is Hamilton’s second stint with the White Sox, after he played in 71 games with the club in 2021.  Playing mostly as a part-time outfielder, late-inning defensive sub, and pinch-runner, Hamilton delivered his signature blend of strong defense and speed (a perfect 9-for-9 in stolen base attempts) while also making 135 trips to the plate for the AL Central champions.

Hamilton’s skillset made him an intriguing player early in his career, as he finished second in NL Rookie Of The Year voting in 2014 with the Reds, and he stole 230 bases (out of 282 chances) with Cincinnati from 2014-17.  However, Hamilton has never hit above a replacement level, turning him into a journeyman as he looks to enter his 11th Major League season.  The 32-year-old has suited up for eight different teams at the MLB level, with 690 of his 948 appearances coming in a Cincinnati uniform.

Playing time has been a lot more sporadic for Hamilton since his Reds tenure ended, and he has bounced around the league on a series of minor league deals.  In 2022, Hamilton inked minors contracts with the Mariners, Marlins, and Twins, ultimately getting to the big leagues for 20 games with Miami and 17 for Minnesota.

Though the smaller sample sizes of playing time make it somewhat harder for Hamilton to be properly gauged by defensive metrics, he still appears to have a solid glove capable of handling any outfield position.  He’ll be a useful depth piece for the White Sox considering Luis Robert’s injury history, and Gavin Sheets’ struggles in the outfield.  The Sox shored up left field in a big way by signing Andrew Benintendi this week, and prospect Oscar Colas is knocking on the door to split time with (or perhaps supplant) Sheets for right field duties.

Dylan Cease Tops Pre-Arbitration Bonus Pool

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One of the big new additions to the collective bargaining agreement signed between the league and the players was the implementation of a $50MM bonus pool set aside for players with less than three years of league service time.

The pool would be handed out to the top 100 eligible players, with MLB’s WAR metric determining which players made the list. Beyond that, further bonuses could be earned for qualified players if they ranked in the top two of Rookie of the Year, top five in MVP or Cy Young, as well as being named in the first or second All-MLB team.

According to ESPN’s Jesse Rogers, White Sox pitcher Dylan Cease topped the class in 2022, taking home a bonus of $2,457,426, in addition to his $750K base salary. Cease threw 184 innings of 2.20 ERA ball for Chicago this year, finishing 2nd in AL Cy Young voting. That finish earned him $1.75MM in addition to the $707,425 he earned for his WAR ranking. 2022 was Cease’s last pre-arbitration season, so he won’t be eligible for the bonus pool after the 2023 season.

The Astros’ Yordan Alvarez was the top hitter on the list, as he took home a $2,381,143 bonus. Alvarez torched pitching to the tune of a .306/.406/.613 line with 37 home runs, finishing third in AL MVP voting. He picked up $881,143 as the top ranked player via the WAR metric, and an additional $1.5MM for his MVP finish. He also won’t be eligible for the pool next season.

Here’s the top ten bonus pool earners (all of these figures are in addition to the player’s base salary):

Per MLB.com’s Mark Feinsand, Atlanta’s Spencer Strider was the only other player to earn a bonus greater than $1MM, while four more players (Sean Murphy, Tommy Edman, Will Smith and Ryan Helsley) earned more than $700K, with another eleven players (Steven Kwan, Bo Bichette, Alejandro Kirk, Nestor Cortes, Logan Webb, Shane McClanahan, Cal Raleigh, Daulton Varsho, Nico Hoerner, Triston McKenzie and Tony Gonsolin) earned a bonus greater than $500K.

Each player’s team will pay out the bonuses by December 23, but they will be reimbursed by the Commissioner’s Office.

White Sox, Victor Reyes Agree To Minor League Deal

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The White Sox have agreed to a minor league contract with outfielder Víctor Reyes, tweets Evan Petzold of the Detroit Free-Press. Scott Merkin of MLB.com first reported the sides were discussing a potential non-roster deal with an invite to big league Spring Training earlier this week (Twitter link).

Reyes sticks in the AL Central, where he’s spent the past five years with the Tigers. Previously a member of the Arizona organization, he landed in Detroit as the first pick in the 2017 Rule 5 draft. Reyes managed just a .222/.239/.288 line in 100 games as a rookie, but the rebuilding Detroit club held him on the roster all season to gain his long-term contractual rights. He’d spend four more seasons with the Tigers, typically appearing in around half their MLB games each year.

The 28-year-old has tallied just under 1300 plate appearances at the MLB level. He’s a .264/.294/.379 career hitter, offense that checks in 17 points below league average by measure of wRC+. Reyes has decent bat-to-ball skills and hits for a solid batting average, but he rarely walks or makes much of an impact from a power perspective. It was a similar story in 2022, as the Venezuela native posted a .254/.289/.362 mark through a personal-high 336 trips to the plate.

A solid runner with a strong throwing arm, Reyes has ample experience at all three outfield spots. He has played over 1000 MLB innings in right field, more than 900 frames in center and just under 700 innings in left. Public defensive metrics typically peg him as an average to slightly below-average defender at each spot, but he’s athletic enough to handle any of those positions off the bench.

Reyes’ stint in Detroit came to a close at the end of the season, when he cleared waivers and became a minor league free agent. He’d been projected for a $2.2MM salary if tendered an arbitration contract, making it a fairly easy call for first-year president of baseball operations Scott Harris to move on.

The White Sox have room for improvement at both corner outfield spots. Luis Robert has center field secured, and Eloy Jiménez would be penciled back in left field if he’s not used primarily at designated hitter. Right field is completely up in the air, with rookie Oscar Colás or first baseman/corner outfielder Gavin Sheets looking the favorites for reps. The Sox non-tendered Adam Engel and saw AJ Pollock opt out of the final year of his contract, leaving them with just Robert, Sheets and Jiménez as outfielders on the 40-man roster. They’re sure to add some help later in the offseason, but there’s presently plenty of opportunity for a non-roster invitee like Reyes to earn a bench job in Spring Training.

D-Backs’ Outfielders Drawing Widespread Trade Interest

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The Diamondbacks have an interesting stockpile of upper level outfielders from which they’re largely expected to deal. General manager Mike Hazen and his staff have long signaled a willingness to field offers to upgrade other areas of the roster and they’re unsurprisingly drawing attention from a host of teams.

Nick Piecoro of the Arizona Republic reports roughly 10 clubs have been in touch with Hazen and company regarding at least one of the team’s outfielders. Piecoro lists the Yankees, Brewers, Blue Jays, A’s, Marlins, White Sox and Reds as clubs with interest, while both Piecoro and Chandler Rome of the Houston Chronicle report the Astros are in the mix.

Arizona has a number of players that could draw interest, and it stands to reason different teams have varied preferences on the group. Corbin Carroll is arguably the top prospect in baseball, and both Piecoro and Ken Rosenthal of the Athletic have suggested recently he’s off the table in trade discussions. Carroll’s presence gives the Snakes a potential franchise center fielder, though, freeing them up to listen to offers on their other outfielders.

Daulton Varsho is the most established of the group, and he’d be the toughest to pry from the desert. The 26-year-old got off to a slow start offensively in the majors, but he broke through in his third season. Varsho connected on 27 home runs with a .235/.302/.443 line across 592 plate appearances in 2022. That’s slightly better than average production at the plate, and he offers immense value in other areas. Varsho stole 16 bases (albeit with six failed attempts as well), and he has emerged as one of the game’s best defensive outfielders.

Also an intermittent catcher at times in his career, he’s acclimated to outfield work incredibly well. Varsho’s an above-average runner, and Statcast credits him with elite reads off the bat. By its Outs Above Average metric, Varsho made an estimated 18 more plays than expected in his 920 1/3 innings between center and right field this year. Defensive Runs Saved pegged him a combined 19 runs above par, with both metrics grading him highly in both center and the corner outfield. Varsho doesn’t have a great throwing arm — part of the reason he’s increasingly moved off catcher in the first place — but he’s an athletic, rangy defender who can cover anywhere in the outfield and occasionally factor in at catcher if needed.

Varsho qualified for early arbitration as a Super Two player this winter. MLBTR contributor Matt Swartz projects him for an affordable $2.8MM salary, and he comes with four remaining seasons of club control. Between the all-around production and affordable window of control, the trade appeal with Varsho is immense.

That’s not true to the same extent for the Snakes’ other outfielders, but there’s still a fair amount of appeal. Jake McCarthy is a former supplemental first-round draftee, but most prospect evaluators believed he’d be better suited for fourth outfield duty. While that may wind up being the case, the 25-year-old outperformed that projection in 354 plate appearances this past season. McCarthy hit .283/.342/.427 with eight home runs and stole 23 bases on just 26 tries. His average exit velocity and hard contact percentage are a bit below-average, and the offensive profile was propped up by a .349 batting average on balls in play. The Virginia product is an excellent baserunner who’s athletic enough to cover all three outfield spots, though, and he generally has a solid offensive track record in the minors. McCarthy still hasn’t reached a full year of service time and is controllable through 2028.

Alek Thomas offers a similar profile but is a different story, in that he’s been a top prospect who has yet to find much MLB success. The sport’s #32 prospect heading into 2022 according to Baseball America, Thomas debuted in May. He spent most of the year as their primary center fielder but struggled, hitting .231/.275/.344 through 411 plate appearances. He didn’t draw many walks or drive the ball with much authority, and the tough line led to a demotion back to Triple-A at the end of the season. Thomas won’t turn 23 until next April and is a career .313/.389/.499 hitter in the minor leagues, though. He’s regarded as a potential plus defensive center fielder with strong contact skills. Like McCarthy, he has yet to reach even one year of MLB service.

The trio of Varsho, McCarthy and Thomas is certain to draw the most trade interest, but Arizona also has Pavin Smith and Dominic Fletcher as depth options on the 40-man roster. Smith hasn’t done much at the MLB level but is a former top ten pick. Fletcher is a .296/.358/.467 hitter in the minors and was added to the 40-man at the end of the season to keep him out of the Rule 5 draft. A trade involving either player wouldn’t be as significant as a move involving their top trio, but it’s possible the Snakes find some interest in both.

The extended windows of club control for each of McCarthy, Varsho and Thomas could make them of interest to teams at varying levels of the competitive cycle. That’s highlighted in the wide array of clubs that have checked in with Arizona. Milwaukee, Houston, Toronto, the White Sox and the Yankees are all win-now teams known to be looking for ways to plug a gap in center and/or a corner outfield spot. Houston is known to be in search of a left-handed bat, in particular.

Miami is behind that quintet from a competitive perspective. Still, the Fish are hoping to improve their offense to take a step forward in 2023, likely by subtracting from their enviable rotation depth. The Marlins are without an obvious center fielder on their MLB roster at present, with players like Jesús Sánchez, Bryan De La Cruz and JJ Bleday stretched there defensively. Miami and the D-Backs have linked up on a swap of young players before with the Jazz Chisholm/Zac Gallen deal, although that was orchestrated by the previous Marlins front office.

Oakland and Cincinnati are firmly amidst rebuilds, making them somewhat surprising fits at first glance. Yet the opportunity to acquire a pre-arbitration key piece at least opens the door for teams that are more traditionally “sellers” to gauge the market. A’s GM David Forst told reporters this week that acquiring players at or near the majors is “at the top of our to-do list” (via Melissa Lockard of the Athletic). Reds GM Nick Krall similarly indicated at the GM Meetings the team was considering trade possibilities involving prospects or “lower cost, more controllable players in the big leagues” (link via Bobby Nightengale of the Cincinnati Enquirer).

There are a number of ways the discussions could go, but it seems clear Arizona would want MLB-ready talent in return. Hazen flatly rejected the notion of trading any of their outfielders solely for prospects last month, and Piecoro writes they could look for infield or catching help in discussions — with particular emphasis on adding some right-handed punch to the lineup.

2022 Rule 5 Draft Results

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The 2022 Rule 5 draft will begin at 4pm Central time today at the Winter Meetings in San Diego. This will be the first time since 2019 that the meetings will be held in person, as the 2020 edition was virtual because of the pandemic and the 2021 draft was cancelled entirely due to the lockout.

As a refresher, the Rule 5 draft is a way for players potentially talented enough for the big leagues but blocked by their current clubs to find opportunities elsewhere. Any players that were 18 and under at the time of their original signing and were signed in 2018 or earlier, and any players 19 or older and signed in 2019 or earlier, who are not on a club’s 40-man roster are eligible to be selected in the Rule 5 draft.

The clubs will draft in reverse order of the 2022 standings, with no club obligated to make a selection when it’s their turn. If they do make a pick, they will have to pay $100K to the team they select from. The selected players must stay on the active roster (or injured list) for the entire 2023 season or else be placed on waivers. If they clear waivers, they must be offered back to their original team. They cannot be optioned to the minors. The most recent edition in 2020 saw some notable names move around, such as Akil Baddoo going from the Twins to the Tigers while Garrett Whitlock went from the Yankees to the Red Sox.

This post will be updated with the results as they come in…

First Round

1. Nationals: RHP Thad Ward (Red Sox) (hat tip to Jonathan Mayo of MLB.com)
2. A’s: 1B Ryan Noda (Dodgers)
3. Pirates: LHP Jose Hernandez (Dodgers)
4. Reds: OF Blake Sabol (Pirates); Reds later traded Sabol to Giants for cash or a player to be named later
5. Royals: pass
6. Tigers: RHP Mason Englert (Rangers)
7. Rangers: pass
8. Rockies: RHP Kevin Kelly (Guardians); Rockies later traded Kelly to Rays for cash considerations
9. Marlins: RHP Nic Enright (Guardians)
10. Angels: pass
11. D-backs: pass
12. Cubs: pass
13. Twins: pass
14. Red Sox: pass
15. White Sox: RHP Nick Avila (Giants)
16. Giants: pass
17. Orioles: RHP Andrew Politi (Red Sox)
18. Brewers: RHP Gus Varland (Dodgers)
19. Rays: pass
20. Phillies: RHP Noah Song (Red Sox)
21. Padres: LHP Jose Lopez (Rays)
22. Mariners: RHP Chris Clarke (Cubs)
23. Guardians: pass
24. Blue Jays: pass
25. Cardinals:RHP Wilking Rodriguez (Yankees)
26. Yankees: pass
27. Mets: RHP Zach Greene (Yankees)
27. Braves: pass
29. Astros: pass
30. Dodgers: pass

Second Round

  • All teams passed

The minor league phase of the Rule 5 draft also occurred this afternoon. Those players will not go onto the selecting teams’ 40-man roster. A few former major leaguers changed uniforms. They include Hector Perez from Baltimore to the Rays, Josh Palacios from the Nationals to the Pirates, Jared Oliva from the Pirates to the Angels, Nick Burdi from the Padres to the Cubs, Peter Solomon from the Pirates to the D-Backs and Jonathan Arauz from the Orioles to the Mets.

White Sox Not Planning To Trade Tim Anderson

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The White Sox have told interested teams they have no plans to trade shortstop Tim Anderson this offseason, reports Ken Rosenthal of the Athletic. The 29-year-old will be back for an eighth season on Chicago’s south side.

It’d have been more surprising if the Sox were listening to offers on Anderson, who has emerged as a catalyst at the top of the lineup. He’s been selected to the All-Star Game in each of the past two seasons, and he finished seventh in AL MVP balloting during the abbreviated 2020 campaign. The righty-hitting infielder has hit above .300 four years running, posting above-average offensive marks overall.

Despite the second consecutive All-Star nomination, Anderson’s actually coming off a relative down season. He hit .301 but posted more pedestrian marks in on-base percentage (.339) and slugging (.395). His six home runs proved a career low, due in large part to a late-season injury that cut his year short. Anderson missed the season’s final couple months after suffering a tendon injury in his left middle finger, an issue that required surgery.

Still, there’s little question he’d have found significant appeal on the trade market. There’s no expectation the injury will affect him next season, and he’s playing on an eminently affordable contract. The Sox exercised a $12.5MM option on his services for 2023, and his contract also contains a $14MM club option for 2024. Barring injury or an unexpected down year, next year’s option should also be an easy call for the team to trigger.

Chicago had a disappointing season overall, finishing the 2022 campaign at 81-81 despite entering the season as AL Central favorites. They’re trying to rebound and make another run at the division, and it’s easy enough to understand why they wouldn’t subtract one of their top position players as part of that effort. At the same time, Chicago general manager Rick Hahn acknowledged at this week’s Winter Meetings the front office would have to be more open than they were previously to shaking up the roster after a down year (link via Daryl Van Schouwen of the Chicago Sun-Times). To that end, they’ve reportedly had some trade discussions about closer Liam Hendriks with other teams, although there’s no suggestion they’re actively shopping the All-Star righty.

Hahn has indicated on a few occasions the Sox are likelier to make any marquee additions via trade than free agency. James Fegan of the Athletic has previously reported they hope to open the season with a player payroll around $180MM. Roster Resource projects their payroll in the $179MM range at present, so the front office likely doesn’t have much breathing room at its disposal. Van Schouwen writes that the Sox are still seeking corner outfield and second base help, meaning they could potentially look to deal players on loftier salaries to free some spending room. Anderson apparently won’t be one of the players under consideration for such a deal though.

Teams seeking shortstop help but unwilling to pay top-of-the-market prices for Carlos Correa, Xander Bogaerts or Dansby Swanson are left with few alternatives. Elvis Andrus is the clear next-best shortstop available in free agency, while the trade market doesn’t have many obvious candidates. Amed Rosario and Isiah Kiner-Falefa are among the players who could theoretically be available, but neither has been firmly linked to any trade rumors this offseason. Meanwhile, Anderson and Milwaukee star Willy Adames seem as if they’ll stay put despite some early-offseason speculation they might be made available.

White Sox Have Discussed Liam Hendriks In Trade Talks

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The White Sox have discussed star closer Liam Hendriks in talks with other teams this winter, reports Mark Feinsand of MLB.com (Twitter link). There’s no indication a deal is especially likely, although it stands to reason a number of clubs would have interest in installing the three-time All-Star into their late-inning mix if Chicago’s amenable to making a trade. Feinsand notes Hendriks’ contract contains a limited no-trade provision that allows him to block a move to five unknown teams.

Hendriks just wrapped a fourth consecutive excellent season. A journeyman depth arm for the first eight seasons of his MLB career, he broke out with a 1.80 ERA in 85 stellar innings for the A’s in 2019. The Australian earned his first All-Star selection that year, and he performed at a similarly excellent level during the abbreviated 2020 campaign. His final two seasons in Oakland saw him put up a 1.79 ERA while holding opponents to a .192/.240/.289 line through 99 games.

Over the 2020-21 offseason, the White Sox signed Hendriks to a $54MM free agent contract. It was technically a three-year guarantee, with Hendriks making $12MM in ’21, $13MM in ’22 and $14MM next season. The 2024 campaign is technically covered by a club option, but both the option price and the buyout are valued at $15MM. It’s a no-brianer to exercise the option then; the only reason for the Sox to opt for the buyout would be if they simply didn’t want Hendriks on the roster, which would probably only happen in the unfortunate event he suffers a serious injury that’d cost him the whole season. If the Sox do trade Hendriks, that option would become guaranteed — although again, that’s largely immaterial.

Hendriks has picked up right where he’d left off on the South Side of Chicago. He’s been selected to the Midsummer Classic in both seasons as a White Sox, and he earned some down-ballot Cy Young support with a 2.54 ERA over 71 frames in 2021. His 2022 campaign was technically his worst in four years, though that’s only a testament to the incredible bar he’d set. The right-hander worked to a 2.81 ERA over 57 2/3 innings, striking out an elite 36.2% of opponents. Hendriks lost a few weeks midseason with an alarming-sounding forearm strain, but he returned without any signs of ill effect. He fanned 35.4% of opponents after the All-Star Break, working to a 3.33 ERA while averaging north of 97 MPH on his fastball.

While he turns 34 in February, he’s shown no signs of tailing off thus far. Hendriks is due $29MM over the final two seasons of his current contract. As one of the best relievers in the sport, he’d have plenty of appeal on the trade market at that price. The free agent market for late-game arms has both been strong and moved quickly, and the only reliever of Hendriks’ caliber who’d have been available (Edwin Díaz) re-signed with the Mets just before the signing period opened.

That highlights the potential for Hendriks to be a key player on the offseason trade market, but that’d require the White Sox showing an openness to moving him. That his name has surfaced in trade discussions is far from an indication the Sox are actively shopping him, as it’s possible general manager Rick Hahn and his group are simply taking calls from interested clubs out of due diligence.

The White Sox are set on bouncing back from an average 2022 campaign to try to reclaim their spot atop the AL Central. Subtracting Hendriks from the ninth inning would make that more difficult, and it stands to reason they’d only move him for a deal that netted them MLB-ready help elsewhere on the roster. Chicago does have an excellent bullpen that’d still be a strength even without Hendriks, as Kendall Graveman, Aaron Bummer and Reynaldo López are all strong late-inning arms. Joe Kelly has the potential to assume high-leverage innings himself, as does young southpaw Garrett Crochet, who’s working back from April 2022 Tommy John surgery.

Chicago has more pressing needs elsewhere on the roster. They signed Mike Clevinger to a $12MM free agent deal to fortify the rotation behind Dylan Cease, Lance Lynn, Lucas Giolito and Michael Kopech, but they could look for another depth arm. Second base is a major question mark, and they could look to add a bat to factor into the corner outfield/designated hitter mix. The Sox didn’t get especially good production from catcher or third base this past season either. Both Yasmani Grandal and Yoán Moncada are under contract and expected to get opportunities to right the ship, but Chicago could theoretically look into either position if the chance presents itself.

Hahn told reporters at last month’s GM Meetings the club was more likely to accomplish any roster reshuffling via trade than free agency. Chicago’s 2023 payroll projection, per Roster Resource, is around $179MM. That’s about $14MM shy of this year’s Opening Day figure, so the Sox should have a bit of financial breathing room, but they may have to look towards the lower tiers of free agency for any pickups. Hahn told reporters this evening the club has to be more open-minded than they were last winter to make any major roster changes after their disappointing 2022 campaign (via Daryl Van Schouwen of the Chicago Sun-Times).

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