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Hyun-Jin Ryu

Blue Jays Activate George Springer, Place Hyun Jin Ryu On 10-Day IL

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Center fielder George Springer will make his long-awaited Blue Jays debut Wednesday against the Nationals, the team announced. Springer will serve as Toronto’s designated hitter and bat in the leadoff spot. In other moves, the Blue Jays placed left-hander Hyun Jin Ryu on the 10-day injured list with a right glute strain, optioned first baseman/DH Rowdy Tellez to its alternate site and recalled lefty Travis Bergen.

The Blue Jays signed Springer to the offseason’s richest free-agent guarantee, a six-year, $150MM pact, but have not gotten a single at-bat from the ex-Astros standout this year. Springer suffered an oblique strain during the spring, and just when it appeared he would return, he went down with a quad strain. The three-time All-Star didn’t recover from the latter injury as quickly as expected, so the club has spent the month relying on Randal Grichuk and Jonathan Davis in center.

Grichuk has hit a more-than-respectable .289/.345/.500 with four home runs in 84 plate appearances, thus helping the Springer-less Jays stay afloat in the early going with an even 11-11 record. Springer has enjoyed a much better career than Grichuk, though, having slashed .270/.361/.491 hitter with 174 homers over 3,587 PA. The 31-year-old is also above average in the outfield, where he has posted 26 Defensive Runs Saved and a 10.4 Ultimate Zone Rating since entering the league in 2014.

Springer’s activation spells bad news for Tellez, who has gotten off to a poor start this year with a .183/.222/.267 line and one homer in 63 trips to the plate. Those numbers are a far cry from Tellez’s output in 2020, when it appeared the 26-year-old broke out with a .283/.346/.540 showing and slugged eight HRs over 127 PA.

The Springer addition is a welcome one for Toronto’s offense, but the Ryu loss is a tough blow for its pitching staff. Ryu’s IL placement is retroactive to April 26, but he’ll still miss at least one start. The Jays’ ace exited his latest start this past Sunday after throwing 3 2/3 scoreless innings against the Rays, and has recorded a 2.60 ERA on the season over 27 2/3 frames. Ryu, Ross Stripling, T.J. Zeuch and Nate Pearson represent starting options on the IL for the club, which will somehow have to battle through those absences and cobble together a rotation.

Injury Notes: Jays, Fried, Astros, Freeland

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A few health updates from around the game…

  • Center fielder George Springer’s Blue Jays debut is on hold yet again. As of Sunday, manager Charlie Montoyo was optimistic Springer would debut tonight, but that wasn’t the case. Springer is “not ready yet,” Montoyo said (Twitter links via Ben Nicholson-Smith of Sportsnet), though he did take batting practice and run the bases on Tuesday. Montoyo added that “[Springer] feels great except the running.” The former Astro has been trying to work back since suffering a right quad strain three weeks ago. In better news for the Blue Jays, ace Hyun Jin Ryu is recovering well from the right glute strain he incurred Sunday and shouldn’t miss a start, Nicholson-Smith relays.
  • The Braves are “likely” to activate left-hander Max Fried from the 10-day injured list next Tuesday or Wednesday, Mark Bowman of MLB.com tweets. If true, it’ll go down as roughly a three-week stay on the IL for Fried, who suffered a right hamstring strain during his most recent start on April 13. Once he returns, the 2020 NL Cy Young contender will try to rebound from a ghastly three-start, 11-inning stretch in which hitters victimized him for 15 runs (14 earned) on 23 hits and five walks.
  • Tuesday brought some positive and negative health-related developments for the Astros’ pitching staff. The good news: Southpaw Framber Valdez is making tremendous progress from a left ring finger injury and could rejoin their rotation sometime in June, Jake Kaplan of The Athletic relays. Valdez turned in a stellar performance in 2020, but he hasn’t gotten a chance to follow up on it this year. As for the bad news, righty reliever Pedro Baez has halted his throwing program on account of lingering shoulder soreness. The Astros transferred Baez from the 10-day injured list to the 60-day IL on Monday, meaning he won’t make his first appearance with the club until June 9 at the earliest. Houston signed the former Dodger to a two-year, $12.5MM guarantee over the winter.
  • Rockies lefty Kyle Freeland said Tuesday that he will “absolutely” pitch in the majors this season, per Patrick Saunders of the Denver Post (Twitter links). Freeland, a little over a month removed from suffering a strained pitching shoulder, had an “outstanding” bullpen session on Tuesday and could throw a sim game next week, according to manager Bud Black. However, there’s still no clear timetable for a potential 2021 debut for Freeland, who finished third on the Rockies in innings (70 2/3) and recorded a 4.33 ERA/4.95 SIERA with a 51.5 percent groundball rate last season.

Hyun Jin Ryu Leaves Game With Right Glute Strain

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Blue Jays starter Hyun Jin Ryu left today’s game because of a minor right glute strain, the team announced. Toronto took the contest 1-0 from the Rays, but a potential Ryu injury looms larger for the Jays’ future. Their ace threw 3 2/3 scoreless before his departure today allowing three hits, one walk, zero runs, while striking out five. After the game, Ryu appeared confident that he would be ready to make his next start, per Gregor Chisholm of the Toronto Star (via Twitter).

Before today’s game, Ryu had done his part with a 3.00 ERA/3.22 FIP in four starts covering 24 innings. His 48.6 groundball rate is down a touch from his norm, but within range for a small sample. His strikeouts were down just a little as well to a 21.9 percent strikeout rate, while he had been particularly stingy with free passes (2.1 percent walk rate).

Ryu might be the most irreplaceable arm on a Toronto roster that’s dealt with its fair share of injuries, especially on the pitching side. Closer Kirby Yates, of course, was lost for the year, while both Julian Merryweather and Jordan Romano – two potential replacements late in games – have also spent time on the injured list. In the rotation, highly-touted prospect Nate Pearson has yet to make his season debut, and he’s been joined on the IL by Ross Stripling and T.J. Zeuch. Somewhat surprisingly, the Blue Jays have been kept afloat by Steven Matz, who is 4-0 in four starts with a 2.31 ERA/3.22 FIP.

Blue Jays Notes: 2015 ALDS, Borucki, Pearson, Ryu

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In a piece that any Blue Jays fan will want to read, Sportsnet’s Shi Davidi chatted with right-hander Anthony Bass about what it was like to be on the other side of Toronto’s stunning ALDS comeback against the Rangers in 2015. Bass wasn’t on Texas’ ALDS roster, Davidi notes, but he was on hand as a member of the taxi squad and experienced the stunning defeat first-hand. Bass chronicles the manner in which tensions began to boil from Game 1 of the series all the way through the baffling (but within the rules) play that allowed Rougned Odor to score on a throw back to the pitcher and the three errors that set up Jose Bautista’s iconic bat flip a half inning later. Bass called Bautista’s bomb “a dagger” and likened the Rangers’ clubhouse in the wake of that defeat to a morgue. Joining the Jays on a waiver claim nearly a half decade later didn’t conjure up any bad memories for Bass, who explained that he was simply “excited about how much the organization was happy to have me.” It’s an excellent first-hand look back at one of the most epic games in recent memory and a welcome diversion from our current baseball-free landscape.

Some more notes on the Jays…

  • Although the Blue Jays shut down left-hander Ryan Borucki in Spring Training due to tightness in his left elbow, but manager Charlie Montoyo revealed today that Borucki is feeling “great” and hasn’t had any setbacks in working his way back from that hiccup (Twitter link via Sportsnet’s Ben Nicholson-Smith). The 26-year-old Borucki should be a candidate for the fifth spot in the rotation behind Hyun-Jin Ryu, Chase Anderson, Tanner Roark and Matt Shoemaker in a dramatically overhauled Jays rotation. Borucki broke into the Majors with 97 2/3 innings of 3.87 ERA/3.80 FIP ball in 2018, but elbow troubles limited him to just 6 2/3 innings last year.
  • Of course, many Blue Jays fans are more curious about exactly when uber-prospect Nate Pearson will arrive in the Majors. General manager Ross Atkins touched on that subject a bit when stepping in as the host for Gregor Chisholm’s reader mailbag at the Toronto Star this week. Asked how the delayed season will impact Pearson, who was expected to be on an innings limit in 2020, Atkins explained that rather than stick to a rudimentary and “rigid” innings limit, the organization is more focused on “monitoring fatigue, workload, and effort” with all of their pitchers but perhaps particularly with Borucki and Shoemaker (who is returning from a torn ACL that cost him most of the 2019 season). Asked whether with hypothetical advance knowledge that the season would be up in the air, the Jays still would have still signed Ryu to a four-year pact, Atkins indicated that the signing was as much about 2021 and beyond as 2020 and doubted the Jays’ offseason plans would’ve radically altered. Other topics include the upcoming draft, Atkins’ own day-to-day routine during the shutdown and the ways in which his own approach to player development has evolved over the years.

Quick Hits: Shapiro, Blue Jays, Ryu, Draft, Payrolls

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It was on this day in 1916 that one of the biggest trades in early baseball history was finalized, as the Indians acquired superstar center fielder Tris Speaker from the Red Sox for right-hander “Sad” Sam Jones, minor leaguer Fred Thomas, and $55K in cash considerations.  A salary dispute prompted the move, as the Sox wanted Speaker to take a pay cut following something of a down year (.322/.416/411 over 653 PA) by his huge standards in 1915.  While the two teams agreed to the swap a few days prior to April 12, it wasn’t officially completed until Speaker received a reported $10K bonus to agree to play for Cleveland, a bonus Speaker demanded be personally paid by Red Sox owner Joseph Lannin.

While the Sox were criticized for the trade, they weren’t exactly hurt in the short term, as Boston went on to win the World Series in both 1916 and 1918 — Jones posting a 2.25 ERA in the latter season to play a big role in the championship run.  Speaker, meanwhile, had plenty of great baseball left in him, as he hit .354/.444/.520 over 6634 plate appearances with the Tribe from 1916-26, and also served as Cleveland’s manager for the last eight of those seasons.  Speaker’s time with the Indians was highlighted by a World Series victory in 1920, the first title in franchise history.

Some notes from around the modern baseball world…

  • Though the Blue Jays loaded up on arms this offseason, team president/CEO Mark Shapiro still feels “pitching, pitching and more pitching” is his club’s biggest need.  In a Q&A conversation with The Athletic’s Jim Bowden (subscription required), Shapiro noted that Toronto’s splashy $80MM signing of Hyun-Jin Ryu was partially based on that need, since “we have more position players than pitchers that are major-league ready to impact and we needed more balance.”  Another factor, however, was the internal confidence amongst the Jays’ current core roster “that they are closer to winning than people think.”  This is one of many topics addressed during the interview, as Shapiro also discussed issues as rule changes, how baseball could adapt to a shortened season, and how he is coping with trying to run an organization with everyone staying at home.
  • Also of note was Shapiro’s mention that “more of a traditional center fielder” was the Blue Jays’ second-biggest need, though “we have lots of outfielders and we would like to give them an opportunity before adding to that mix.”  Randal Grichuk is slated for the bulk of center field duty, though Teoscar Hernandez, Derek Fisher, Anthony Alford, and perhaps even Cavan Biggio could all get some time up the middle.  While Grichuk is mostly thought of as a right fielder, he has actually amassed almost as many innings in center (1988 1/3) as he has in right (2196 2/3) over his MLB career, though defensive metrics are somewhat split on which is his better position.  UZR/150 and Statcast’s Outs Above Average favor Grichuk’s work in right field, while the Defensive Runs Saved metric prefers his glovework in center field.
  • With this year’s amateur draft slated for only between 5-10 rounds, many top high school prospects could opt to attend college or junior college, while some college seniors could take their renewed year of NCAA eligibility and instead enter the 2021 draft.  Other youngsters, however, will opt to begin their pro careers, which MassLive.com’s Chris Cotillo notes will likely lead to a huge free agent market of available amateur talent.  Teams can’t spend more than $20K to sign any undrafted amateur, so a host of other factors could impact whether or not a player chooses one particular team over others offering the same dollar figure, as executives, agents, and players tell Cotillo.  These factors range from the relationship between a team’s scout and the player, a player choosing a team close to his hometown and family, or perhaps even a club strategically drafting one prospect in order to draft another.  As one scouting director put it, “If we draft a kid in the fourth round, do we have a better shot at signing his buddy?“
  • “Team officials and player agents are bracing for what they expect to be a dramatic shift in the financial landscape if the sport is shut down for the season,” ESPN.com’s Buster Olney writes (subscription required), which could mean particular concern for teams with major long-term salary commitments on their books.  Clubs like the Angels, Padres, and Rockies are in this camp, while teams with less money committed beyond the next season or two — such as the Giants, Rangers, Mariners, or Dodgers — are in a bit better position.  Of course, the coming Collective Bargaining Agreement negotiations are “the industry X factor” in all financial forecasts.

Blue Jays’ Mark Shapiro On Hyun-Jin Ryu Signing

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Although they were then coming off a 67-win campaign and their third straight year without a playoff berth, the Blue Jays still managed to reel in one of the offseason’s highest-ranked free agents. They added former Dodgers southpaw Hyun-Jin Ryu on a four-year, $80MM contract – the largest deal they’ve awarded since Mark Shapiro became team president late in the 2015 season. Shapiro discussed the Ryu signing, among other topics, with Shi Davidi of Sportsnet.

Ryu was tremendous at times in Los Angeles, especially from 2018-19, and will now slot into the top of Toronto’s revamped rotation from the get-go. Still, the commitment the Blue Jays made to Ryu no doubt comes with its share of risk. The club is far from a sure thing to be an immediate contender, for one, so Ryu’s contributions early in the deal may not lead to a vast amount of team success. He’s also set to enter his age-33 season and has seldom been the picture of durability since debuting in 2013. Last year marked the first time since 2014 that Ryu threw more than 150 innings in a season.

The Blue Jays are obviously excited about having won the Ryu derby, but Shapiro acknowledged to Davidi that “time will tell the value return” on the pact. He continued: “Free-agent starting pitching in general is a high-risk market and we’re very aware of that. That’s why we’re so careful. You don’t pound your chest over signing someone. You have all your reasons for doing it, you know the risks going in. We identified the need and felt this was one of the best opportunities for us to get better and take a step.”

The Jays are hopeful Ryu will provide value in each year of the contract, but if most of it comes toward the beginning of it, “It’s certainly not ideal but it’s certainly not disastrous,” Shapiro said. He admitted that “contracts get more risky as a player ages, so you would expect to get more on the front side.”

Toronto’s cognizant that it took a chance in signing Ryu, but the fact that the team has so much young, inexpensive talent gave it the necessary “financial flexibility” to make that gamble. With Ryu on the roster, Shapiro’s all the more confident that the Blue Jays are “going to be good,” thanks in part to the “mass of talent” they’ve built up in recent years.

Twins Targeted Wheeler, Bumgarner, Ryu Before Winning Donaldson Sweepstakes

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Before the holidays, the Twins offered Josh Donaldson a four-year, $84MM contract that would have made him the second-highest paid player in team history after Joe Mauer, writes Phil Miller in a profile well worth a read from the Star Tribune. Another interesting tidbit from Miller confirmed that Zack Wheeler had been the Twins’ primary target at the outset of the offseason, shifting only to Donaldson after missing out on Madison Bumgarner and Hyun-Jin Ryu. Donaldson offered a potent bat, of course, but the ability to improve their infield defense at third (and by effect, their pitching) also keyed the Twins on the Bringer of Rain. 

Donaldson and his agent Dan Lozano fielded recruitment efforts from all corners of the Minnesota Twins extended universe before committing, from Miguel Sano over video eagerly offering to accommodate Donaldson by changing positions, to a former tennis professional and friend of Donaldson’s who happens to be a Twins fan, to the substantial recruitment effort put in ink by Twins’ ownership when they offered him a four-year, $92MM contract. The fifth year, $16MM team option helped push the deal over the edge, especially once the Twins’ agreed to set the buyout amount at $8MM. If the option is picked up, the deal becomes a five-year, $100MM pact.

Some of the heaviest lifting was done in a meeting between Donaldson, Lozano, Twins’ manager Rocco Baldelli, General Manager Thad Levine and Chief Baseball Officer Derek Falvey. Baldelli sold Donaldson on clubhouse culture and his plans for deploying Donaldson. The front office put together metrics on their 2019 success and profiled some of the talent on its way to Minneapolis from the minor leagues, establishing a belief that the Twins will remain in contention throughout Donaldson’s tenure.  

Misinformation persisted in the media throughout, with Lozano suspected of leaking the $110MM asking price in the hopes of a team with deep pockets (like the Dodgers) matching the number. It worked, in a way, as the Twins realized Donaldson must not have had the offer he wanted, so they set out with renewed enthusiasm (and more money). Obviously, $100MM turned out to be the magic number.

Blue Jays Notes: Ryu, Boras, Shapiro

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The Blue Jays have remade their pitching staff this winter with the additions of Hyun-Jin Ryu, Tanner Roark, Chase Anderson and Shun Yamaguchi. Along with the return on Matt Shoemaker and the development of Anthony Kay, Trent Thornton, Ryan Borucki and Nate Pearson, the Blue Jays have plenty of options for their 2020 rotation. It doesn’t come together, however, without Ryu at the top. With that in mind, let’s check in on some of the factors that brought the Korean southpaw to Toronto…

  • To remember the last time one of Scott Boras’ clients signed with the Blue Jays, he had to go all the way back to the mid-eighties. Bill Caudill signed a two-year, $2.37MM deal to play the 1985 and 1986 seasons in Toronto. Caudill is now one of a couple ex-clients to work for Boras. But until Hyun-Jin Ryu’s four-year, $80MM deal, the Blue Jays were one of Boras’ favorite teams to pick on, per the Athletic’s John Lott. It wasn’t personal, of course, Boras simply believes Toronto’s market should make them a top-10 team capable of signing top free agents while retaining their own homegrown stars – a trend he’s starting to see with the current Toronto regime. And of course, it behooves Boras to push potential large market teams to open their wallets.
  • As for Ryu’s choice to join the Blue Jays, the decision largely came down to where he wanted to raise his young family. That said, Toronto’s early and persistent interest also helped bring Ryu north of the border, per the Athletic’s Kaitlyn McGrath. Long-term security wasn’t necessarily a driving factor for Ryu, though securing a four-year deal for the 32-year-old certainly counts as a win for Boras. Team President Mark Shapiro spoke on Ryu’s importance to the community, saying: “It was more recognizing what an incredibly international city Toronto is, very aware of the Korean population here, both in students and business and what a tightknit community it is. And so feeling like it would be a great place for Ryu and his family to be and feeling like it would be a great synergy with Toronto and Canada, in general. That was a consideration — not a driving factor, but certainly something that we thought would make for a great alignment in the relationship moving forward.”

Blue Jays Sign Hyun-Jin Ryu

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Two and a half months after GM Ross Atkins vowed to find pitching that could “contribute in significant ways,” the Blue Jays have formally announced the signing of one of the best pitchers on the market, left-hander Hyun-Jin Ryu, to a four-year contract. The Boras Corporation client will reportedly be guaranteed $80MM, which will be paid out evenly at $20MM per season. Ryu’s deal doesn’t have any opt-out provisions but is said to contain a partial no-trade clause.

The news ends a spirited market for Ryu’s services, as at least six teams (the Dodgers, Angels, Braves, Padres, Cardinals, and Twins) were all known to have some degree of interest in the southpaw this offseason.  While all of those teams were either playoff clubs in 2019 or are planning to contend in 2020, it was the rebuilding Blue Jays who made the big strike, signaling that their own effort to return to contention is coming sooner rather than later.  The Jays were known to be looking at both the top tier and the lower tiers of the pitching market, though the signing still comes as a surprise, given how Toronto’s previous acquisitions had been more modest.

Ryu joins Tanner Roark, Chase Anderson, and Shun Yamaguchi as newly-acquired members of Toronto’s rotation, completely overhauling a starting staff that was expected to be a major point of emphasis this winter.  Yamaguchi could wind up in the bullpen if the Jays go with some combination of in-house candidates Matt Shoemaker, Trent Thornton, Ryan Borucki, Anthony Kay, or Jacob Waguespack for the final two rotation places.  Star prospect Nate Pearson is also expected to make his big league debut at some point in 2020, so one of those rotation spots could ultimately be earmarked for him down the stretch, or the Jays could ease Pearson into the majors as a reliever.

While Pearson may be the ace of the future, Ryu is now firmly the ace of the present.  The lefty finished second in NL Cy Young Award voting last season on the heels of a league-best 2.32 ERA and 1.2 BB/9, as well as a 6.79 K/BB rate, 8.0 K/9, and 50.4% grounder rate.  ERA predictors weren’t quite as impressed (3.10 FIP, 3.32 xFIP, 3.77 SIERA) with Ryu’s performance, while his modest 90.6mph fastball finished in the bottom 11th percentile in both fastball velocity and spin rate.

On the plus side of the Statcast coin, Ryu was also one of the league’s best pitchers in limiting hard-hit balls and exit velocity, and his .263 wOBA was only slightly lower than his .281 xwOBA.  Despite the lack of fastball velocity, Ryu still had the 26th most effective heater of any qualified pitcher in the sport according to Fangraphs’ Pitch Value metrics, while his changeup was one of the ten most effective pitches in all of baseball in 2019.

Perhaps most importantly, Ryu also tossed 182 2/3 innings last year, his highest workload since his 2013 debut season in MLB and the first time he’d topped even the 126 2/3 inning plateau since 2014.  Ryu had only a couple of minimal injured list stints for minor neck and groin soreness in 2019, as opposed to the much more serious setbacks that plagued him earlier in his career.  Shoulder and elbow surgeries limited Ryu to just a single game in 2015-16, he missed close to three months in 2018 due to a torn groin, and IL stints for foot and hip problems limited him to 126 2/3 IP in 2017.

This injury history and Ryu’s age (he turns 33 in March) were reasons why MLBTR projected him to only land a three-year, $54MM deal, despite his superb 2019 campaign and his overall strong track record in 740 1/3 career innings in the majors.  The Blue Jays could have been compelled to go to four years to convince Ryu to join a team that didn’t offer as clear a path to immediate contention as some of his other suitors.

Even with Ryu signed, it remains to be seen if the Jays will emerge as a threat to return to the playoffs after three straight losing seasons.  The team will be counting on its young core of Vladimir Guerrero Jr., Lourdes Gurriel Jr., Bo Bichette, Cavan Biggio, and Danny Jansen to all take steps forward, while more experienced hands like Randal Grichuk (who had been Toronto’s highest-paid player prior to the Ryu signing) and the newly-acquired Travis Shaw will need to improve on mediocre 2019 performances.

The Ryu signing also re-aligns expectations for the rest of the Jays’ offseason.  On paper, this could be Toronto’s version of the Cubs’ deal with Jon Lester prior to the 2015 season — the big-ticket veteran pitching acquisition that indicated the rebuilding Cubs had enough faith in their up-and-coming young team to go for it after a lengthy rebuild.  If the Jays are serious about challenging for the postseason as soon as 2020, more substantial veteran upgrades could be made to center field, the bullpen, the first base/DH mix beyond Shaw and Rowdy Tellez, or even the rotation.  Closer Ken Giles was widely assumed to be a trade candidate, but now the Blue Jays could perhaps keep Giles for the final year of his contract in order to keep the ninth inning locked down.

The Jays’ current 2020 payroll (as per Roster Resource) projects to be just under $122.2MM, so considering that the 2016-18 clubs all finished the season with payrolls in the $164MM-$167MM range, GM Ross Atkins could have more spending room for further moves.  Ryu is the third-highest contract even given out by the franchise, topped only by Vernon Wells’ $126MM extension in the 2006-07 offseason and the five-year, $82MM free agent deal for Russell Martin prior to the 2015 season.

Ryu is the latest arm to leave what has been a scorching hot market for free agent starting pitchers.  Returning to MLBTR’s Top 50 Free Agents list, Alex Wood (at #39) is now the highest-ranked starter still on the board, as the 14 pitchers ahead of him have all found new deals before Christmas.  As Heyman notes on Twitter, the many teams still looking for rotation upgrades could now be forced to explore the trade market, which could lead to a flurry of deals before Opening Day.

MLB Network’s Jon Heyman first reported the deal (Twitter link). MLB.com’s Jesse Sanchez reported that Ryu would receive a partial no-trade clause. The Toronto Star’s Gregor Chsholm reported the annual breakdown.

Latest On Hyun-Jin Ryu’s Market

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There has been widespread interest in left-hander Hyun-Jin Ryu, who has become even more of a prized commodity since he is now the only starting pitcher remaining within the top 38 players on MLBTR’s list of the offseason’s top 50 free agents.  The current field of suitors appears to consist of seven teams, as listed by MLB Network’s Jon Heyman (Twitter link), give or take one unconfirmed team and, of course, the ever-popular “mystery team.”

Heyman’s list includes several teams who have been already linked to Ryu at earlier points this winter — the Dodgers, Angels, Blue Jays, and Twins.  The “mystery team” could be the Braves (who are known to some level of interest in Ryu, though perhaps only peripherally), Heyman guessed, though he doesn’t mention the Cardinals, who were said to be considering Ryu two weeks ago.  Since that report, however, St. Louis added another pitcher in Korean southpaw Kwang-Hyun Kim, who came at a much lower price tag than Ryu (though, obviously, without the MLB track record).  With Kim in the fold, it could be that the Cards feel their rotation mix is set, and Ryu is no longer a target.

The other teams mentioned in Ryu’s market are two new faces, as Heyman writes that the Padres and “possibly [the] Phillies” could have interest.  While the two clubs have yet to be connected to Ryu this offseason, it isn’t surprising that either San Diego or Philadelphia would be looking in, given how both teams have been looking to upgrade their respective rotations.

The Phils already made one big splash in signing Zack Wheeler to a five-year, $118MM contract.  However, Wheeler is only one addition to a pitching staff that generated 7.6 total fWAR (23rd in the majors) in 2019.  Wheeler and Aaron Nola are a good top-of-the-rotation pairing, though the remaining options of Jake Arrieta and two of the Zach Eflin/Vince Velasquez/Nick Pivetta trio aren’t terribly inspiring, given how these arms all struggled last season.  Ryu would be a nice addition to any staff, but he would especially help the Phillies keep pace with the other loaded rotations in the NL East.

Since the Phillies already have a projected payroll (just under $205.4MM, as per Jason Martinez of Roster Resource) that sits just barely under the $208MM Competitive Balance Tax threshold, however, it remains to be seen if the club is willing to surpass the threshold for another star player like Ryu.  Philadelphia was reportedly looking to be more “opportunistic” with their future signings to avoid the tax, though the team could take the one-year hit while staying in the first level of tax penalties, which is a CBT number of less than $228MM.  Arrieta, Didi Gregorius, and David Robertson all come off the books after the 2020 season, so the Phillies could duck back under the tax threshold after just one year.

The CBT isn’t a concern for the Padres, though payroll itself is an issue, as the club has reportedly been trying to deal Wil Myers’ contract for weeks.  Despite having some level of financial limitation in place, San Diego has been looking for frontline pitching for over a year, mostly on the trade front given how the Padres have so many strong minor leaguers to offer as trade chips.  The Padres have also explored free agent signings, and Ryu is clearly a known quantity after facing him for so many years in a Dodgers uniform.  Adding an experienced veteran like Ryu to the young staff could make the Padres more open to move other younger arms (if not the trio of Chris Paddack, MacKenzie Gore, or Luis Patino) as part of future trades to bring salary relief, perhaps attached to Myers as sweeteners in a deal.

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