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Yankees Rumors

Everson Pereira Among Players Eligible For Fourth Option Year

By Anthony Franco | December 4, 2024 at 11:19pm CDT

Yankees outfielder Everson Pereira and infielder Jorbit Vivas and Mets right-hander Max Kranick are eligible for a fourth option year, reports Joel Sherman of the New York Post. They join Red Sox right-hander Cooper Criswell in that regard; there’ll likely be additional such reports throughout the offseason.

After a player is added to the 40-man roster, they can typically be assigned to the minors in three additional seasons. If a player who is on the 40-man spends at least 20 days in the minors during a season, that subtracts one of those years. In certain circumstances, teams are allowed to option a player for a fourth season.

A player is eligible for a fourth option if they exhaust their three option years before they’ve played five professional seasons. MLB defines a professional season as one in which a player spent at least 90 days on an MLB or minor league active roster. Many players will spend a few years with a minor league affiliate before they’re added to a 40-man roster. As those count as professional seasons but are not option years, most players reach five seasons prior to running out of options.

Pereira and Vivas were each initially added to their clubs’ 40-man rosters during the 2021-22 offseason. They’ve both been optioned in each of the last three years. Neither Pereira nor Vivas appeared in a full “professional season” before 2021, however. Both players were at complexes or short-season affiliates between 2017-19, so neither got to 90 days on a minor league roster in any of those years. The minor league schedule was canceled in 2020 and did not count as a professional season. Vivas has logged four professional seasons (2021-24), while Pereira didn’t log a full minor league campaign until ’22.

Kranick first made it onto a 40-man roster after 2020. He’d already accrued two professional seasons at that point. He picked up a third in ’21 but spent almost all of the 2022-23 campaigns on the injured list. Kranick battled forearm issues and eventually underwent Tommy John surgery. He returned to health this year, his fourth professional season.

The extra option means these players can be sent back to the minors without landing on waivers. Vivas and Kranick could be on the 40-man roster bubble anyways. The extra option is most relevant with regards to Pereira, a former top prospect who underwent elbow surgery last June. If the Yankees had to decide between carrying him on the MLB roster or putting him on waivers, there’s a good chance they’d have opted for the latter route coming out of Spring Training. They’ll instead be able to send him back to Triple-A Scranton/Wilkes-Barre to evaluate him for one more year.

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Yankees Recently Met With Max Fried, Corbin Burnes

By Steve Adams | December 4, 2024 at 10:44pm CDT

The Yankees’ efforts to re-sign Juan Soto have dominated headlines in the Bronx this offseason, but they’re also laying the groundwork for other free agent possibilities. The Yankees held a 90-minute meeting with longtime Braves lefty Max Fried this week, as first reported by the YES Network’s Michael Kay, who adds that the talk went well and the two sides are expected to meet again. Mike Puma and Joel Sherman of the New York Post also report that the two sides met, with the Yankees’ contingent consisting of GM Brian Cashman, manager Aaron Boone, pitching coach Matt Blake and as many as six other team officials. Puma and Sherman further add that the Yankees met with Corbin Burnes late last month.

Soto, of course, remains the Yankees’ top focus. It seems unlikely that they’d sign him to what increasingly appears to be a $600MM+ contract and then put down more than $150MM on one of Fried or Burnes — though the Yanks certainly have the resources to do so. Still, it’s only natural for any Soto suitor to be doing homework on potential contingency plans in the event that he signs elsewhere. Loading up on high-end starting pitching and addressing the lineup in other ways would be one such possibility. (Notably, the Yankees have also recently been linked to infielder Willy Adames, who’s willing to play third base or second base with a new club.)

The Yankees already have one of the most expensive staffs in the sport. Gerrit Cole, Carlos Rodon and Marcus Stroman are owed a combined $81MM next year. Nestor Cortes is projected by MLBTR contributor Matt Swartz to earn $7.7MM. Righty Clarke Schmidt is projected at $3.5MM. Newly minted Rookie of the Year Luis Gil is still in his pre-arbitration years. There’s been speculation about the Yankees moving either Stroman or Cortes this winter, both of which seem plausible. Adding someone the caliber of Fried of Burnes would make a trade elsewhere in the rotation a virtual inevitability.

Either Burnes or Fried would join Cole right atop what could be a powerhouse Yankees rotation. Both pitchers rejected qualifying offers from their former clubs, meaning both would cost the Yankees their second- and fifth-highest draft selections, in addition to $1MM of space from their 2025 bonus pool in international free agency. For a pitcher of either caliber, that’s a small price to pay.

Fried, 31 in January, has rattled off 659 innings of 2.81 ERA ball dating back to the 2020 season. He’s third among all qualified starting pitchers in ERA in that time, trailing only Brandon Woodruff (2.76) and Clayton Kershaw (2.79). Fried has thrown nearly 200 more innings than both those pitchers. His 2024 season wasn’t his best, but only relative to his lofty standards. He made 29 starts, totaling 174 1/3 innings, and notched a tidy 3.25 ERA.

Fried doesn’t miss bats like the prototypical ace but has a slightly better-than-average 23.6% strikeout rate over the past five seasons. He sports a strong 6.3% walk rate in that time and is among the game’s very best when it comes to minimizing hard contact and avoiding opponents’ barrels. He also racks up grounders at a plus rate (54.2% since 2020) — highlighted by a career-best 58.8% mark in 2024. Fried has generally been durable, although he was limited to 14 starts in 2023 due to a forearm strain that did not end up requiring surgery. He missed three starts in 2024 due to a nerve issue in that same forearm, but that’s ostensibly a different issue than the one that sidelined him in ’23.

Burnes is nearly a full year younger, having turned 30 about five weeks ago. He’s solidified himself as a true workhorse, ranking third in the majors in innings pitched over the past five seasons and sitting narrowly behind Fried with a fourth-ranked 2.88 ERA in that same span. Burnes was traded from the Brewers to the Orioles last offseason and proved himself against many of the very same AL East lineups he’d be facing as a Yankee. He made 32 starts and pitched 194 1/3 innings of 2.92 ERA ball for the O’s, adding eight innings of one-run excellence in Baltimore’s brief postseason foray.

Dominant as Burnes has been at times in his career, his recent work bears some resemblance to that of Fried. That’s not a bad thing, of course, but his once sky-high strikeout rate now sits at a roughly league-average rate (23.1% in 2024). Like Fried, he’s countered the diminished strikeout tendencies with sharp command and a knack for dodging hard contact. Burnes doesn’t generate grounders at the same level, but his 46.9% career mark and 2024’s 48.8% rate are both still comfortably above average.

The general thinking has been that Burnes will sign the largest contract of any pitcher this offseason. He’s two years younger than Blake Snell — who signed for five years and $182MM with the Dodgers (albeit with some deferrals) — and a year younger than Fried. His blend of durability and effectiveness is unmatched among this year’s crop of free agents. Fried, however, should command a deal well north of $100MM himself — quite possibly approaching or even exceeding the $162MM the Yankees promised to Rodon two winters ago.

The Yankees currently project for a payroll around $230MM, per RosterResource. They’re currently below the luxury tax threshold, but only nominally so. Even minor additions in free agency or on the trade market will push them into luxury territory. They’ve been a tax payor in each of the past three seasons, however, and their pursuits of various high-end free agents makes it clear they’re comfortable not only paying the tax for a fourth straight season but perhaps pushing into the highest tier of penalty again — at least for the 2025 season.

Managing partner Hal Steinbrenner has said that trotting out a payroll of that magnitude every season isn’t sustainable in the long run. However, that’s probably the reality for the immediate future, so long as the Yanks are paying Aaron Judge, Cole and Rodon a combined $103MM annually through 2028 (to say nothing of weighty commitments to Giancarlo Stanton, DJ LeMahieu, Stroman and any forthcoming free agent/trade additions).

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Yankees, Giants Showing Interest In Willy Adames

By Anthony Franco | December 4, 2024 at 10:27pm CDT

The Yankees and Giants are among the teams that have shown interest in Willy Adames, writes Mark Feinsand of MLB.com. The market’s top shortstop has also been tied to the Astros, Phillies, Blue Jays, Braves and Red Sox throughout the offseason.

New York’s top priority is re-signing Juan Soto. They could know within the next few days whether Soto will stay in the Bronx or accept a $600MM+ offer elsewhere. If Soto walks, there’d be a lot of pressure on both owner Hal Steinbrenner and GM Brian Cashman to land one or more players from the next tiers of free agency.

Adames and Alex Bregman are probably the next-best position players. Neither is going to come close to Soto’s contract, of course, but they could each land a deal in the $150-200MM range. While Bregman would be a more straightforward positional fit, it’s possible the organization could still have animosity over the third baseman’s role in the 2017 sign-stealing operation. Adames carries no such baggage.

The Yankees don’t need a shortstop. Anthony Volpe is one of the game’s top defensive infielders. Bryan Hoch of MLB.com wrote recently that the Yanks were unwilling to move Volpe off the position. Adames is reportedly willing to consider a position change, though it’s possible he’d sign with a team that’ll keep him at shortstop if he’s weighing multiple offers in the same price range.

Shortstop is the only infield position that is settled in the Bronx. Jazz Chisholm Jr. will be in the mix at either second or third base. If Chisholm replaces Gleyber Torres at the keystone, the top internal third base possibilities are DJ LeMahieu, Oswaldo Cabrera and prospect Caleb Durbin. That’s not sufficient for a team trying to get back to the World Series. The Yankees could also upgrade at first base, where Ben Rice is the best in-house option.

Adames hasn’t played third base in the majors. He has 10 career games outside of shortstop, all of which came at second base during his 2018 rookie season. Shortstops usually move to other infield positions without issue. Adames has plus arm strength and athleticism. His typically strong defensive grades dipped this year because of a spike in errors, but there’s not much reason to believe he wouldn’t be an effective third baseman.

There’d be no need for a position change in San Francisco. President of baseball operations Buster Posey said at the start of the offseason that the Giants wanted to add a shortstop. That’d allow them to move Tyler Fitzgerald to second base, where he’s a better fit. San Francisco was linked to Ha-Seong Kim, the market’s #2 shortstop, a few weeks ago.

Kim is coming back from labrum surgery on his throwing shoulder. That makes him riskier than Adames but should dramatically reduce the price. While Adames is likely to sign for six or seven years, Kim could settle for a two-year deal that allows him to opt out after next season. The former Padres infielder also has an obvious connection to San Francisco skipper Bob Melvin.

Adames rejected a qualifying offer from the Brewers. The Yankees and Giants each exceeded the luxury tax threshold this year, so they’d pay the highest penalties to sign a qualified free agent. Either team would lose their second- and fifth-highest pick in next summer’s draft and $1MM from their 2026 international signing bonus pool.

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Bidding For Juan Soto Has Reached At Least $600MM

By Anthony Franco | December 3, 2024 at 11:59pm CDT

The floor for Juan Soto’s contract appears to be $600MM. Ken Rosenthal, Evan Drellich and Brendan Kuty of the Athletic report that every team that remains in the Soto bidding has made a formal offer at or above that number.

With multiple $600MM+ offers in hand, there’s not much chance of Soto pivoting to a short-term deal. Jon Heyman of the New York Post wrote last week that the four-time All-Star wasn’t interested in taking a shorter term to prioritize his annual earnings. Heyman suggested Soto was seeking a 15-year contract. It’s not clear whether that’ll be on the table, though tonight’s report from The Athletic indicates he’s likely to sign for at least 12 years. That’ll presumably come with one or more opt-out chances as well.

Agent Scott Boras did not comment publicly about contract terms. However, he told reporters this evening that Soto has begun to narrow the field. “We’ve had meetings with a number of franchises. He’s begun the process of eliminating teams and doing things. Juan is a very methodical thinker, so we’ll see, but I don’t think anything is imminent in the near future,” Boras said at today’s introductory presser for another of his clients, Blake Snell.

While Soto reportedly fielded interest from 11 teams at the beginning of the offseason, it seems a clear five suitors have emerged: the Yankees, Mets, Blue Jays, Red Sox and Dodgers. Most speculation throughout the industry is that he’ll land with one of the New York franchises. To that end, Rosenthal, Drellich and Kuty write that many people around the game expect that Mets’ owner Steve Cohen will refuse to be outbid.

That said, there’s been chatter in recent weeks that the Red Sox are making a serious push. Meanwhile, SNY’s Andy Martino and Jim Duquette of MLB Network Radio on SiriusXM (X link) each suggested last night that the Blue Jays might come in with the highest bid at the end of the day. Reporting has generally cast the Dodgers as something of a long shot, but it’s impossible to count them out on any top-tier free agent.

In any case, Soto seems mere days away from establishing a record for the top net present value in MLB history. That’s currently held by Shohei Ohtani, whose deal is valued by MLB just shy of $461MM after accounting for deferrals. There was never much doubt that Soto would beat that, though it was fair to wonder whether the bidding would stop somewhere between $500MM and $600MM.

At the start of the offseason, MLBTR predicted Soto would receive exactly $600MM over 13 years — a number that looks as if it’ll be light. While it doesn’t seem that decision will come within the next 24 hours, there’s a widespread belief that Soto will make his call by the end of next week’s Winter Meetings.

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Latest On Juan Soto

By Steve Adams | November 27, 2024 at 10:50am CDT

While we’ve started to see some movement in the pitching market, with Blake Snell and Yusei Kikuchi both coming off the board this week, we’ve yet to see a prominent bat come off the board. Some of that is just the naturally slow pace of MLB’s free agency structure, but there’s also surely an element of Juan Soto holding things up to an extent. Fortunately, it doesn’t appear as though this will be a protracted free agent saga that lingers well into the new year.

Randy Miller of NJ Advance Media reported earlier this week that five clubs had made offers to Soto: the Yankees, Mets, Blue Jays, Red Sox and Dodgers. There’s been some back-and-forth reporting as to whether offers from each have been formally submitted, but semantics aside, that quintet appears to be the top set of bidders for Soto at the moment.

Ronald Blum of the Associated Press reports that Soto and agent Scott Boras asked for initial offers to be submitted by Thanksgiving, so even if one of those clubs hasn’t yet submitted a formal offer just yet, it’s likely only a matter of hours before said offer is presented. Per Blum, there’s a growing belief that Soto could make a decision at or even before this year’s Winter Meetings, which take place from Dec. 8-11 in Dallas.

It should be noted that the current wave of offers being submitted is not a collection of “best and final” offers. With any free agent of this magnitude, there will be plenty of back-and-forth negotiations. Brendan Kuty of The Athletic tweets that this initial wave of offers is considered “preliminary,” with an additional round of offers likely coming in next week. Talks will intensify as teams are weeded out in the run-up to the Winter Meetings. Kuty, like Blum, suggests that landmark offseason event as a likely endpoint to Soto’s free agency.

Of the five known suitors, the Dodgers are perhaps the least likely. That might’ve been true even before Los Angeles struck their five-year deal with Snelll last night — one that guarantees him $182MM (with some deferred salary but also a huge up-front $52MM signing bonus). ESPN’s Jeff Passan reported several weeks back that while the Dodgers will be in the mix they’re not expected to chase Soto at all costs. Ken Rosenthal of The Athletic offered a similar thinking last night in his breakdown of the Snell deal, suggesting that while the Dodgers will of course remain apprised of where Soto’s bidding lands, they could also be simply trying to drive up the price for more serious bidders in New York, Boston and Toronto.

To that end, Jon Heyman of the New York Post wrote last night that the Red Sox are indeed quite serious in their pursuit of Soto. They’ve sought to sell Soto on the organization’s history of prominent left-handed hitters who’ve taken advantage of Fenway Park’s Green Monster and also enlisted franchise icons Pedro Martinez and David Ortiz to pitch the free agent slugger on the team’s history of touted stars from Soto’s native Dominican Republic.

Meanwhile, Alex Speier of the Boston Globe adds that the Sox don’t view Soto and adding a top-of-the-rotation arm as an either-or scenario. Even if they succeeded in landing Soto, the Sox would do so in simultaneous pursuit of a top-end starter. Red Sox president Sam Kennedy already signaled a willingness to exceed the luxury tax, and Speier notes that the Sox don’t view the $241MM tax threshold as any sort of hard cap. They’re currently $70MM shy of that level, per RosterResource’s estimates.

It’s not yet clear whether any other clubs could jump into the mix late in the bidding process. Phillies owner John Middleton stated earlier in the winter that he didn’t mind being a “stalking horse” on Soto, and there were reports that the Phils planned to meet with him at some point, but USA Today’s Bob Nightengale reported Monday that the Phillies have yet to even speak to Boras about Soto specifically. The Giants were an oft-speculated suitor heading into the winter, but they’ve not yet met with Soto and reports have since indicated they may actually scale back payroll rather than spend as aggressively as some anticipated.

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Teams Expected To Make Offers To Juan Soto This Week

By Nick Deeds | November 24, 2024 at 11:16pm CDT

The sweepstakes to land superstar free agent Juan Soto is set to enter its next phase, as ESPN’s Buster Olney reported this afternoon that teams are expected to begin sending offers to the outfielder’s camp this week. Olney adds that to this point in the process, Soto has been meeting with teams and allowing Soto and the officials of interested clubs to get to know each other. The Yankees, Mets, Blue Jays, Red Sox, and Dodgers are all known to have met with Soto at this point. The Phillies have also been reported to be planning a meeting with Soto, while the Giants, Rays, and Royals are all known to be among the teams to have reached out to Soto as well, though no meetings between Soto and any of those clubs are publicly known to have occurred and the Royals already reportedly view the offseason’s top free agent as outside of their comfort zone.

Of course, that aforementioned list of teams is surely not exhaustive. As-of-yet unreported clubs have surely contacted and perhaps even met with Soto as he prepares to sign what figures to be the largest contract in MLB history in terms of net present value this winter. As a two-time MVP finalist and career .285/.421/.532 hitter who’s hitting the market ahead of his age-26 season, Soto stands as the rare free agent who would make sense for virtually any contention timeline and stand as an upgrade to all 30 ball clubs, leaving his market to be limited more by teams’ willingness to spend enough to land him rather than positional or competitive fit.

The general consensus around the game seems to be that the Yankees and Mets are the favorites for Soto’s services, as both deep-pocketed New York teams appear motivated as the Yankees look to retain their key addition from last offseason who helped take the club from missing the playoffs in 2023 to an AL pennant this past season while the Mets hope to build on a 2024 campaign that saw them reach the NLCS for the first time since 2015. Soto naturally has a place in the Yankees lineup as their incumbent right fielder, though he might make even more sense for a Mets club that could push Starling Marte to DH in order to accommodate the addition of Soto given the fact that the acquisition of Soto forced the Yankees to use Aaron Judge as their everyday center fielder last year.

That doesn’t mean the other teams in the mix should be counted out, however. The Phillies and Dodgers both already need outfield help this winter and could further bolster the already-excellent lineups that made them the class of the NL this year by landing Soto. The Blue Jays figure to be especially motivated after falling just short in last winter’s Ohtani sweepstakes and subsequently missing the playoffs in 2024, while the Red Sox appear ready to resume spending in accordance with their market size this winter after spending the past several winters on the periphery of free agency. MLBTR’s Steve Adams recently took a look at all 30 clubs in the context of the Soto sweepstakes of Trade Rumors Front Office subscribers.

While Soto has emphasized the importance of team competitiveness in his decision-making and there have been questions about whether he may prefer a team on the east coast given his offseason homes in Fort Lauderdale, Florida and the Dominican Republic, the ultimate factor that figures to separate Soto’s suitors is money. With offers expected to be made over the course of the next week, it’s possible that previously-unknown suitors emerge as contenders for the star’s services or currently reported upon suitors fall behind in the bidding process. It’s also possible that the process begins to move quickly once offers begin to roll in; MLB.com’s Mark Feinsand reported earlier this week that the belief around the game is that Soto could sign during or even before the Winter Meetings, which run from December 9-12 in Dallas next month.

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AL East Notes: Romano, Loaisiga, Hays, Rays

By Mark Polishuk | November 24, 2024 at 6:01pm CDT

The Blue Jays didn’t make Jordan Romano a contract offer before the closer was non-tendered this week, the Toronto Star’s Gregor Chisholm reports.  This apparent lack of interest in retaining Romano at any price (let alone his projected $7.75MM arbitration salary) probably closes the door on any chance of a reunion between Romano and the Jays, so the two-time All-Star will almost surely be pitching elsewhere in 2025.  It wasn’t necessarily a surprise that Romano was non-tendered, given his high price tag and the uncertainty over his health situation after his injury-riddled 2024 campaign.

Romano didn’t pitch after May 29 and he underwent an arthroscopic surgery on his right elbow in July.  As Chisholm notes, Romano told the Toronto Star’s Mike Wilner earlier in November that he was soon going to start throwing off a mound, and “that he was feeling great” in the recovery from his surgery.  While more specifics on Romano’s health are sure to emerge over the offseason, it is clear that the Jays didn’t share the reliever’s confidence in his elbow.  Finding a new closer is now the latest item on Toronto’s lengthy winter to-do list, and the Jays already had a lot of work to do in fixing a bullpen that was one of baseball’s worst last season.

More from around the AL East….

  • The Yankees are open to a reunion with Jonathan Loaisiga, though Mark W. Sanchez of the New York Post reports that the Bombers are one of 14 teams that have shown interest in the reliever.  Loaisiga has pitched only 21 2/3 big league innings over the last two seasons, as elbow problems (including a bone spur removal surgery) limited him to 17 2/3 frames in 2023, and he tossed only four innings before a UCL surgery brought his 2024 season to a quick end.  Loaisiga’s procedure wasn’t a Tommy John procedure, and he was throwing from 90-foot distances for scouts earlier this week, with the Yankees among the clubs with an evaluator on hand.  All 163 of Loaisiga’s MLB games have come in a Yankees uniform, so the team has plenty of familiarity with the right-hander’s ability when healthy, and also the inside scoop on his health status.  Signing Loaisiga wouldn’t be expensive for the Yankees or any team that might offer him a contract this winter, making him an interesting buy-low candidate on the bullpen market.
  • Austin Hays was traded from the Orioles to the Phillies prior to the trade deadline, but now that Hays is a free agent after being non-tendered, Roch Kubatko of MASNsports.com thinks there’s a chance Hays could return to Baltimore.  Hays had an injury-plagued 2024 season that included a severe kidney infection that emerged during his time in Philadelphia, and he wound up with a below-average 98 wRC+ from a .255/.303/.396 slash line in 255 total plate appearances.  The outfielder was significantly better both offensively and defensively during the 2021-23 seasons when healthy, and Baltimore has a clear need for right-handed hitting outfielders (and right-handed hitting in general).
  • It remains to be seen if the Rays will ever again play at Tropicana Field, but for at least the 2025 season, the club will play at George M. Steinbrenner Field in Tampa.  The move will impact the Rays’ roster construction plans, as some adjustment is naturally necessary simply by dint of the fact that the Rays will now be playing outdoors during the Florida summer rather than within the confines of a domed stadium.  With multiple rainouts now a likelihood, president of baseball operations Erik Neander is looking to add multi-inning pitching depth at both the Major and minor league levels.  As Neander told Marc Topkin of the Tampa Bay Times, “it’s…making sure that we can protect our arms and maneuver the roster in a way where if a game gets disrupted and delayed after two innings and you lose a starter, and then you’ve got to cover four or five [innings] as it comes back before you can go to the bullpen, that you have the ability to maneuver day to day as needed, to cover that and do it in a way that’s responsible for the well-being of the group.”  More pitching will also be needed since the Stein is expected to be a much more hitter-friendly environment than the Trop, though the Rays’ own hitters can also benefit from the situation.
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Yankees Interested In Walker Buehler

By Mark Polishuk | November 23, 2024 at 10:58pm CDT

The Yankees and right-hander Walker Buehler have “some mutual interest” in each other, according to MLB Network’s Jon Morosi.  New York joins the Braves and Athletics as teams already publicly linked to Buehler in the first few weeks of free agency.

The added wrinkle of the Yankees’ pursuit, of course, is that Buehler delivered some of the best moments of his career against the Bronx Bombers during this year’s World Series.  Buehler tossed five shutout innings in the Dodgers’ 4-2 win over the Yankees in Game 3, and followed up that strong start by getting the save in the scoreless ninth inning of Game 5, as Buehler threw the final pitches that sealed the Dodgers’ championship.

Those clutch performances (and four more innings of shutout ball against the Mets in Game 3 of the NLCS) helped bring a happy ending to an otherwise difficult season for the 30-year-old righty.  Buehler missed all of 2023 recovering from his second Tommy John surgery, and returned to post a 5.38 ERA over 16 starts and 75 1/3 innings for Los Angeles during the regular season.  Pretty much all of Buehler’s secondary numbers and metrics were down from his career norms, including an 18.6% strikeout rate that ranked only in the 16th percentile of all pitchers.

It isn’t uncommon for any pitcher returning from a TJ procedure to initially struggle against big league hitters, even if Buehler has the extra baggage of both his 2022 surgery and the surgery he underwent soon after being drafted by the Dodgers in 2015.  Nathan Eovaldi and Daniel Hudson are two of the more prominent examples of pitchers who continued to have success after returning from two Tommy John surgeries, but obviously there’s some risk attached to Buehler going forward, even if the upside is clearly also present.

MLBTR projected Buehler to sign a one-year, $15MM deal this offseason, with the reasoning that he would seek out a pillow contract for 2025 and then quickly return to the market next winter after (hopefully) posting some front-of-the-rotation numbers.  Any number of teams could potentially be fits for Buehler on such a short-term deal, though presumably he would prefer pitching for a contender.

New York fits that description, and the Yankees are at least monitoring the free agent pitching market given reports noting their interest in Corbin Burnes, Max Fried, Blake Snell, and Sean Manaea.  The Bombers have the resources to broadly check in on basically any free agent at least out of due diligence, and the perception is that the club is prioritizing re-signing Juan Soto before any other bigger-ticket offseason business.

Signing Buehler to a one-year deal might not necessarily count as “bigger-ticket” in comparison to those other frontline pitchers who will command hefty multi-year contracts.  Any additions to the rotation, however, would seemingly necessitate a trade since the Yankees already have six rotation candidates on the roster in Gerrit Cole, Carlos Rodon, Clarke Schmidt, Nestor Cortes, Marcus Stroman, and reigning AL Rookie of the Year Luis Gil.  Cortes or Stroman are the likeliest trade candidates if New York does indeed add another starter, and moving pitching could allow the Yankees to address other needs in the lineup or bullpen.

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Yankees Release Cody Morris

By Mark Polishuk | November 23, 2024 at 11:41am CDT

The Yankees released right-hander Cody Morris, as per Morris’ MLB.com profile page.  Morris was initially acquired from the Guardians in a trade last December, and the reliever was outrighted off New York’s 40-man roster back in July but remained in the organization until this week.

A seventh-round pick for Cleveland in the 2018 draft, Morris debuted in the Show with a 2.28 ERA in 23 2/3 innings with the Guardians in 2022, though both a teres major strain and continued control problems resulted in a 6.75 ERA over just eight big league frames in 2023.  These 31 2/3 total innings remain the entirety of Morris’ MLB resume, as he didn’t receive any official playing time with the Yankees even though New York gave him a couple of brief call-ups to the 26-man roster.

Morris instead spent most of the year at Triple-A Scranton/Wilkes-Barre, where he posted a 4.03 ERA in 38 innings, along with a strong 27.1% strikeout rate.  Morris has long been able to miss bats dating back to his college days with South Carolina, yet he has increasingly run into control issues in both the majors and upper minors.  He had a 15.3% walk rate at Triple-A this season, and Morris’ brief time in the big leagues saw him post a 13% walk rate during his 31 2/3 total innings.  The loss of control has more or less coincided with Morris’ move to being more or less a full-time relief pitcher over the last two seasons.

Since strikeout ability will always catch a team’s attention, Morris is likely to land somewhere on a minor league contract.  At age 28, Morris still has late-bloomer potential, and an enterprising pitching coach or two might have some ideas about how to solve Morris’ control problems.

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New York Yankees Transactions Cody Morris

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Players Avoiding Arbitration: 11/22/24

By Steve Adams | November 22, 2024 at 6:15pm CDT

The deadline for teams to tender contracts to arbitration-eligible players is tonight at 7pm CT. Throughout the day, we’ll surely see a handful of arb-eligible players agree to terms with their clubs to avoid a hearing.

These so-called “pre-tender deals” usually, although not always, involve players who were borderline non-tender candidates. Rather than run the risk of being cut loose, they can look to sign in the lead-up to the deadline. Those salaries often come in a little below projections, since these players tend to have less leverage because of the uncertainty about whether they’ll be offered a contract at all.

Under the 2022-26 collective bargaining agreement, players who sign to avoid an arbitration hearing are guaranteed full termination pay. That’s a change from prior CBAs, when teams could release an arb-eligible player before the season began and would only owe a prorated portion of the contract. This was done to incentivize teams and players to get deals done without going to a hearing.

All salary projections in this post come via MLBTR contributor Matt Swartz. This post will be updated throughout the day/evening as deals are announced and/or reported.

  • The Mets announced that they have agreed to a one-year contract with right-hander Sean Reid-Foley, though salary figures have not yet been reported. He was projected for a $900K salary next year after posting a 1.66 ERA but in just 21 2/3 innings due to injury.
  • The Rangers announced they avoided arbitration with right-hander Josh Sborz, who was projected for a $1.3MM salary next year. He’ll come in just shy of that at $1.1MM, per Jeff Wilson of Rangers Today (X link). He underwent a shoulder debridement procedure recently, per Evan Grant of the Dallas Morning News (X link) and will likely miss the first two or three months of 2025.
  • The Tigers and infielder Andy Ibanez have agreed to a salary of $1.4MM next year, per Francys Romero (X link). That’s a shade below his $1.5MM projection. Ibanez hit .241/.295/.357 in 99 games for the Tigers in 2024.
  • The Guardians avoided arbitration with right-hander Ben Lively, per Paul Hoynes of cleveland.com (X link). He’ll make $2.25MM next year, below his $3.2MM projection. Lively had a 3.81 ERA in 151 innings for the Guards this year.
  • The Cubs and right-hander Julian Merryweather have avoided arbitration by agreeing to a salary of $1.225MM, per Jesse Rogers of ESPN (X link). That’s just shy of his $1.3MM projection. Merryweather had a 6.60 ERA in 2024 but was injured most of the time and only made 15 appearances. He had a solid 3.38 ERA the year prior in 72 innings. The Cubs also agreed to terms with catcher Matt Thaiss and righty Keegan Thompson, per Meghan Montemurro of the Chicago Tribune (X link), though salary figures have not yet been reported.
  • The Blue Jays got a deal done with right-hander Erik Swanson, per Shi Davidi of Sportsnet on X. The righty was projected for $3.2MM next year but will make a smidge less than that, with Keegan Matheson of MLB.com (X link) relaying that Swanson will make $3MM. He had a 5.03 ERA in 2024 but was at 2.97 the year prior and also finished this year strong, with a 2.55 ERA in the second half.
  • The Yankees reached agreement with center fielder Trent Grisham on a $5MM salary, reports Jorge Castillo of ESPN (on X). The deal contains another $250K in incentives. The two-time Gold Glove winner had been projected at $5.7MM. Grisham had an underwhelming .190/.290/.385 showing during his first season in the Bronx. The Yankees will nevertheless keep him around for his final year of arbitration, presumably in a fourth outfield capacity. The Yankees also announced that they have a deal with righty JT Brubaker, though figures haven’t been reported. He was projected for a salary of $2.275MM, the same figure he made in 2023 and 2024, two seasons he missed while recovering from Tommy John surgery.
  • The Rockies reached deals with outfielder Sam Hilliard and lefty reliever Lucas Gilbreath, Feinsand reports (on X). Hilliard gets $1MM, while Gilbreath signed for $785K. Both figures come in shy of the respective $1.7MM and $900K projections. Hilliard popped 10 home runs over 58 games as a depth outfielder. Gilbreath only made three appearances after missing the entire ’23 season to Tommy John surgery. He posted a 4.19 ERA across 43 innings two years ago.

Earlier Agreements

  • The Dodgers and right-hander Tony Gonsolin have agreed to a $5.4MM salary for 2025, per Robert Murray of FanSided (X link), an exact match for his projection. He had signed a two-year, $6.65MM deal to cover the 2023 and 2024 seasons. He made 20 starts for the Dodgers in the first year of that pact but he missed all of 2024 recovering from Tommy John surgery.
  • The Guardians and Sam Hentges have agreed to a $1.337MM deal, according to Robert Murray of FanSided. That’s right in line with his projected $1.4MM salary. The left-hander has been an effective reliever for Cleveland over the past three seasons (2.93 ERA, 2.82 SIERA, 138 IP), but he missed the latter half of 2024 with a shoulder injury. After undergoing surgery in September, he will miss the entire 2025 season.
  • The Orioles and infielder Emmanuel Rivera agreed to a $1MM deal, reports Mark Feinsand of MLB.com. He’d been projected at $1.4MM. He hit .238/.312/.343 this year.
  • Right-hander Brock Stewart and the Twins agreed to a one-year deal worth $870K, MLBTR has learned. He’d been projected at $800K. Stewart, who missed much of the season due to injury, can earn another $30K via incentives. He’s been lights-out for the Twins when healthy over the past two seasons (2.28 ERA, 33.5 K%, 10.8 BB%). Minnesota and righty Michael Tonkin also agreed to a $1MM deal, tweets Jon Heyman of the New York Post. He’d been projected at $1.5MM. The Twins later announced that they had reached deals with Stewart, Tonkin and righty Justin Topa. Hewas projected for $1.3MM next year but will come in just shy of that in terms of guarantee. Per Bobby Nightengale of the Star Tribune (Bluesky link), it’s a $1.225MM guarantee in the form of a $1MM salary and then a $225K buyout on a $2MM club option for 2026.
  • The Padres and Tyler Wade agreed to a one-year deal worth $900K, Heyman tweets. There’s a club option for an additional season. Wade, who hit .217/.285/.239 in 2024, was projected for that same $900K figure.
  • Infielder Santiago Espinal and the Reds settled on a one-year deal at $2.4MM, Heyman tweets. That’s well shy of his $4MM projection and actually represents a slight pay cut after Espinal hit .246/.295/.356 for Cincinnati.
  • The Rangers and righty Dane Dunning agreed to a one-year deal worth $2.66MM, Heyman reports. It’s a 19% cut after Dunning struggled to a 5.31 ERA in 95 innings this past season. He was projected at $4.4MM.
  • The Giants and right-hander Austin Warren agreed to terms on a one-year deal, reports Justice de los Santos of the San Jose Mercury News. He missed most of the season recovering from Tommy John surgery but returned late with 10 2/3 innings of two-run ball out of the bullpen.
  • The Brewers announced that they’ve signed catcher/outfielder Eric Haase to a one-year deal for the upcoming season. ESPN’s Jesse Rogers reports that the deal guarantees Haase $1.35MM with the chance to earn more via incentives. He’d been projected for a $1.8MM salary. Haase will fill the backup catcher role in Milwaukee next season. He’s controllable through the 2027 season.
  • The Dodgers and right-hander Dustin May settled at $2.135MM, per Fabian Ardaya of The Athletic (X link). That’s the exact same salary he had in 2024. May will be looking to bounce back after spending all of this year on the injured list.
  • The Phillies and right-hander José Ruiz settled at $1.225MM, per Robert Murray of FanSided (X link). That’s slightly above his $1.2MM projection. The righty can also unlock a $20K bonus for pitching in 30 games and $25K for pitching in 40. He made 52 appearances for the Phils in 2024 with a 3.71 ERA. Philadelphia also announced agreement with backup catcher Garrett Stubbs on a one-year deal. The Phils did not reveal the salary figure. Stubbs hit .207 in 54 games this year.
  • The Tigers and infielder/outfielder Zach McKinstry agreed to a $1.65MM salary for 2025, per Robert Murray of FanSided (hat tip to Evan Petzold of the Detroit Free Press on X). That’s slightly ahead of his $1.3MM projection. He hit .215/.277/.337 this year while stealing 16 bases and playing each position except or first base and catcher,
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Baltimore Orioles Chicago Cubs Cincinnati Reds Cleveland Guardians Colorado Rockies Detroit Tigers Los Angeles Dodgers Milwaukee Brewers Minnesota Twins New York Mets New York Yankees Philadelphia Phillies San Diego Padres San Francisco Giants Texas Rangers Toronto Blue Jays Transactions Andy Ibanez Austin Warren Ben Lively Brock Stewart Dane Dunning Dustin May Emmanuel Rivera Eric Haase Erik Swanson Garrett Stubbs J.T. Brubaker Jose Ruiz Josh Sborz Julian Merryweather Justin Topa Keegan Thompson Lucas Gilbreath Matt Thaiss Michael Tonkin Sam Hentges Sam Hilliard Santiago Espinal Sean Reid-Foley Tony Gonsolin Trent Grisham Tyler Wade Zach McKinstry

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