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Hyun-Jin Ryu

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.

NL East Notes: Bumgarner, Ryu, Cespedes, Nationals, Phillies

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The Braves weren’t willing to go beyond a three-year contract for Madison Bumgarner, and “it seems highly doubtful” they would go to four years for Hyun-Jin Ryu, MLB.com’s Mark Bowman writes.  Atlanta’s interest in Ryu is something of a new development, but Bowman feels it could be more due diligence on the Braves’ part than anything else, in case Ryu’s market shifts within the two- to three-year range.  Multiple teams have been linked to Ryu this offseason, though it remains unclear whether any club will be willing to stretch to four years for a hurler who will be 33 years old on Opening Day and possesses a lengthy injury history.

The latest from around the NL East…

  • Could Yoenis Cespedes be a trade chip?  A deal seems unlikely, but MLB.com’s Anthony DiComo reports that the Mets have received some trade interest in the outfielder in the wake of last week’s news that Cespedes’ salary has been reduced to less than $10MM, though with significant incentives that could make it worth $20MM (assuming Cespedes gets on the field at all in 2020, of course).  Cespedes has a full no-trade clause, though DiComo speculates that Cespedes might welcome a change of scenery to a team that could offer him DH at-bats, or just to get away from “a team that successfully filed a grievance against him.”  It could be that rival teams are open to absorbing Cespedes’ contract as a method of acquiring some younger talent from New York, similar to how the Giants recently took Zack Cozart’s salary off the Angels’ hands in order to land shortstop prospect Will Wilson, or how the Mets themselves are trying to attach a younger player to Jeurys Familia or Jed Lowrie in a trade.
  • The Nationals’ fifth starter competition is examined by Sam Fortier of the Washington Post, who reports that Erick Fedde has a minor league option remaining.  This might not bode well for Fedde’s chances, as the Nats could send him down to Triple-A in favor of Austin Voth or Joe Ross, who are both out of options.  That’s assuming, of course, that D.C. ends up going forward with one of these three in-house arms as the fifth starter.  Fortier notes that the team was seemingly satisfied with this same trio last winter before signing Jeremy Hellickson prior to Spring Training, so it isn’t out of the question that the World Series champs could pursue another low-cost veteran before the offseason is out.
  • We haven’t heard much about David Phelps about this offseason, but Bob Brookover of the Philadelphia Inquirer feels the right-hander would be a good (and relatively inexpensive) addition to the Phillies bullpen.  After missing all of 2018 due to Tommy John surgery, Phelps had a solid comeback year in 2019, posting a 3.41 ERA, 2.12 K/BB rate, and 9.4 K/9 over 34 1/3 innings for the Cubs and Blue Jays.  Phelps pitched under Phils manager Joe Girardi with the Yankees in 2012-14, and when asked about the reliever at the Winter Meetings, Girardi praised Phelps’ versatility, game preparation skills, and good numbers against both right-handed and left-handed batters.

Angels Notes: Payroll, Ryu, Keuchel, Ohtani

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Let’s check in on the Halos, who made one of the biggest splashes of the offseason last week with the signing of superstar third baseman Anthony Rendon to a seven-year, $245MM contract…

  • The Angels made their send notable rotation pickup of the offseason Thursday, agreeing to sign right-hander Julio Teheran to a one-year, $9MM guarantee. Teheran and the previously acquired Dylan Bundy should help improve the Angels’ starting staff in 2020, but the team still hasn’t added a much-needed front-line hurler this offseason. But now that Teheran, Bundy and Rendon are in the fold, does the club have the financial flexibility to reel in yet another rotation upgrade? Perhaps. As Jeff Fletcher of the Southern California News Group observes, the Angels currently have an actual payroll around $170MM and a luxury-tax outlay in the $181MM range – $27MM below the threshold. The former figure would be a franchise-record amount for the Angels, though owner Arte Moreno has indicated the team’s payroll would rise in 2020. It’s just unclear what his limit is.
  • Signing either lefty Hyun-Jin Ryu or fellow southpaw Dallas Keuchel would put yet another significant dent in the Angels’ payroll. No matter, the team appears to be in on both hurlers. The Angels and agent Scott Boras (who also represents Rendon) have had “multiple conversations” about Ryu and Keuchel, Maria Torres of the Los Angeles Times writes. However, Torres notes that a deal with the Angels isn’t imminent for either pitcher. Ryu (three years, $54MM) and Keuchel (three/39) are MLBTR’s highest-rated remaining pitchers in terms of potential earning power.
  • Regardless of how many moves the Angels make this winter, there may not be a more important development in 2020 than getting two-way star Shohei Ohtani back to full health. The right-hander/designated hitter was unable to pitch at all last season after undergoing Tommy John surgery in October 2018. Fortunately, though, the 25-year-old Ohtani has fully recovered from that serious procedure, Fletcher relays (Twitter links). Looking ahead to 2020, Ohtani only figures to pitch once a week, which aligns with the schedule he grew accustomed to in Japan before immigrating to the United States.

Pitching Notes: Ryu, Keuchel, Ray, King Felix

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Hyun-Jin Ryu is very arguably the top starter remaining on the free-agent market, though his injury history is a clear red flag despite the southpaw’s dominant showing over the past couple of seasons. The Athletic’s Ken Rosenthal reported earlier this week that Ryu was “expected” to top four years and $80MM on his next contract, but on this morning’s appearance on MLB Network’s Hot Stove show (video link), Rosenthal indicated that multiple teams have since told him they were immediately skeptical of that price point: “I heard from a couple of clubs yesterday that said ’That’s not going to happen — not with that medical history.'”

Certainly, that doesn’t rule out the possibility of a four-year pact for Ryu, but the pushback serves to underscore what makes Ryu such a polarizing free agent. The 32-year-old (33 in March) has a 2.21 ERA over his past 265 innings and a 2.71 ERA in 391 2/3 innings dating back to 2017. On a per-inning basis, he’s among the market’s elite options, but Ryu’s age and injury history likely have some teams steering clear of him on any type of notable multi-year arrangement. It only takes one team to push to four years, but to this point, his realistic price tag is hard to pin down.

More on Ryu and the rest of the pitching market…

  • Ryu’s agent Scott Boras, who also represents lefty Dallas Keuchel, chatted with MLB.com’s Mark Feinsand about the two free-agent southpaws and (unsurprisingly) offered optimism that a deal could come together in the near future. “Clubs are identifying their needs, and we’re certainly narrowing the corridor of finality,” Boras said with characteristic idiosyncrasy. “It could happen soon.” Meanwhile, Bruce Levine of 670AM The Score/CBS Chicago writes that the White Sox are interested in both Boras lefties, also implying that the team might find it preferable to add a free-agent of that ilk rather than for a one-year rental (e.g. Robbie Ray). The ChiSox are still hopeful of reeling in a rotation upgrade but are wary of surrendering notable young talent for a one-year upgrade.
  • The Diamondbacks’ decision to sign Madison Bumgarner wasn’t made as a precursor to a Robbie Ray trade, GM Mike Hazen tells Nick Piecoro of the Arizona Republic. Of course, it wouldn’t behoove any general manager to proclaim otherwise, and as Piecoro observes, nothing in Hazen’s comments expressly rules out the possibility of trading Ray, who’ll be a free agent next winter. Arizona moved Paul Goldschmidt under similar circumstances, when he had a year of control remaining and was set to be their second-highest-paid player. (Ray will actually be Arizona’s highest-paid player, given the backloaded nature of Bumgarner’s deal.) The strong demand for pitching and dwindling supply in free agency should make Ray a popular target and could position the D-backs to again pick up a controllable piece or two that’s near the big league level, as was the case in recent trades of Goldschmidt (Luke Weaver, Carson Kelly) and Zack Greinke (Corbin Martin, J.B. Bukauskas, Josh Rojas).
  • Former Mariners ace Felix Hernandez has already made clear he won’t be hanging up his spikes. He’s “receiving interest” from teams, Jon Heyman of MLB Network reports on Twitter, although the extent of that interest isn’t clear. Hernandez may be a former Cy Young winner who sat atop the hierarchy of baseball’s very best pitchers from 2009-14, but his decline into a back-of-the-rotation arm and, more recently, a liability on the mound was rather swift. Over the past two seasons, Hernandez has limped to a dismal 5.82 ERA / 5.44 FIP in 227 1/3 innings. The scintillating heater that averaged nearly 96 mph and scraped triple digits when he debuted as a babyfaced 19-year-old in 2005 has faded to an 89.5 mph average dating back to Opening Day 2018. A pitcher with Hernandez’s preternatural talent shouldn’t be totally counted out, particularly given that he won’t even turn 34 until April, but he’s purely a rebound candidate at this point.

AL East Notes: Jays’ Rotation, Orioles, Rays

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While the Blue Jays weren’t known to be in pursuit of either Madison Bumgarner or Corey Kluber, Ben Nicholson-Smith of Sportsnet explores how Bumgarner’s deal with Arizona and Kluber’s trade to Texas nevertheless impact Toronto’s search for rotation help. The Dodgers and Angels missed out on both pitchers, leaving both Southern California clubs with an even shorter supply of potential upgrades to ponder. Given the Jays’ interest in Hyun-Jin Ryu, that’s not great news, as both L.A. clubs could now look more aggressively at Ryu. (The same could also be true of the Twins, who also pursued Bumgarner to no avail.) The Blue Jays entered the winter determined to improve their rotation, and while the additions of Tanner Roark and Chase Anderson undeniably help, options that align with GM Ross Atkins’ stated desire for “significant” upgrades are beginning to dwindle.

More from the division…

  • Orioles skipper Brandon Hyde tells Roch Kubatko of MASNsports.com that catcher Pedro Severino is going to “get a lot of innings behind home plate and get a lot of at-bats next year.” Hyde stopped short of firmly declaring Severino the starter over former top prospect Chance Sisco and defensive-minded Austin Wynns, but the 26-year-old Severino was clearly Baltimore’s best option in 2019, when he slashed .249/.321/.420 in 341 plate appearances. Unlike Sisco and Wynns, he’s also out of minor league options, which should afford him a lengthier leash in the event of some early struggles. Kubatko notes that the O’s are still in the market for some catching depth, although one would imagine that with three backstops already on the 40-man roster, that could simply be a minor league pact for a veteran receiver.
  • After adding Yoshitomo Tsutsugo on a two-year deal, the Rays are still considering countryman Shogo Akiyama as a potential addition, writes Marc Topkin of the Tampa Bay Times. Akiyama would add another center field option to the fold and likely bring some on-base skills to the table, although he’s also a left-handed hitter and Topkin spends some time focusing on the Rays’ desire to add a right-handed bat to the roster as well. Specifically, the Rays hope to add a right-handed hitter with some defensive versatility — hence the earlier interest in Howie Kendrick — but such options are rather rare in this winter’s free-agent market. Of course, plenty of options could manifest on the trade market; speculatively speaking, the Rays seem like a fine fit for switch-hitting Tigers super utilityman Niko Goodrum.

Free Agent Rumors: Ryu, Ozuna, Cards, Twins, Rays, Kendrick

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A slew of high-profile free agents have fared better than expected on the open market this winter, which has been the quickest-paced offseason we’ve seen in a while. Left-hander Hyun-Jin Ryu, no doubt the most appealing unsigned starter remaining, could soon ink his own richer-than-anticipated contract. While MLBTR predicted a three-year, $54MM deal for Ryu when the offseason began, there’s now a belief across the industry that he’ll get at minimum a four-year pact worth better than $17MM per annum, Ken Rosenthal of The Athletic tweets. On at least an annual basis, that type of accord would beat out the five-year, $85MM payday the Diamondbacks handed fellow lefty Madison Bumgarner on Sunday. Age (33 in March) and an extensive injury history could work against Ryu’s bid to cash in, but at the same time, there is no question he was one of the majors’ premier starters in 2019. The longtime Dodger fired 182 2/3 innings of 2.32 ERA/3.10 FIP ball with 8.03 K/9, 1.18 BB/9 and a 50.4 percent groundball rate. Ryu rode those numbers to a second-place finish the NL Cy Young balloting, and they could help him to a rich contract in the coming weeks.

  • Cardinals president of baseball operations John Mozeliak indicated last week the team was still trying to re-sign outfielder Marcell Ozuna. That continues to be the case, according to The Athletic’s Mark Saxon, who tweets that St. Louis remains “engaged in trying to” re-up its most prominent free agent. However, it appears “unlikely” the Cardinals will succeed, Saxon observes. Ozuna’s coming off a pair of productive seasons as a Cardinal, which could aid him in securing a lucrative three- or four-year contract in St. Louis or elsewhere.
  • The Twins are interested in Japanese righty Shun Yamaguchi, per Darren Wolfson of SKOR North. Teams have until Jan. 2 to negotiate with Yamaguchi, whom the Yomiuri Giants of Nippon Professional Baseball posted Dec. 3. Yamaguchi was a starter and a reliever in Japan, so it’s unclear how the Twins will use the 32-year-old if they do sign him. It’s worth noting that even after retaining Jake Odorizzi and Michael Pineda in recent weeks, the reigning AL Central champions appear to have holes in their rotation.
  • Earlier this offseason, playoff hero Howie Kendrick chose to re-sign with the Nationals on a one-year, $6.25MM guarantee. But it turns out the Rays, once the reported front-runners to sign Kendrick, actually outbid the Nationals. They offered the 36-year-old infielder more money and term than Washington gave him, Marc Topkin of the Tampa Bay Times writes. Kendrick could have been part of the first base/designated hitter mix for the Rays, who just added a potential solution for at least one of those spots in Japanese free agent Yoshitomo Tsutsugo.

MLBTR Poll: Hyun-Jin Ryu’s Next Contract

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The top tier of the free agent pitching market has been shorn away. Gerrit Cole ($324MM), Stephen Strasburg ($245MM), and Zack Wheeler ($118MM) all handily outpaced our guarantee projections from earlier this offseason, leaving an open question: what about the best of the rest? With Jake Odorizzi and Cole Hamels accepting a qualifying offer and an early deal, respectively, the market’s current top starters are likely Madison Bumgarner, Hyun-Jin Ryu, and Dallas Keuchel.

We’ve already heard that Bumgarner is looking to shoot over the $100MM threshold, and one team has reportedly provided him with a $70MM floor. Keuchel, solid pitcher though he is, comes back to the open market on the heels of a prorated Atlanta season that saw him pitch to a 4.72 FIP–the $39MM projection we tagged him with back in November still feels like a reasonable ballpark. But where do recent developments leave Ryu?

Simply scanning reader comments on any Ryu-related article this offseason would lend you a pretty solid sense of the wide range of opinions surrounding Ryu’s left arm. There’s no question that arm is effective–you don’t pitch to a career 2.98 ERA or sub-2.00 career BB/9 rate without a surgical level of skill. There’s also no question the former KBO standout is hitting the market at the right time. If Cole can parlay a second-place Cy Young finish into a record-setting free agent payday, what prize should remain for the award’s NL runner-up?

The answer to that question will likely hinge upon how risk-averse front offices will feel as they survey the market’s remaining options. Few pitchers hit free agency free of some historical health concerns (Strasburg and Wheeler included); at the same time, Ryu has hardly been a picture of durability to this point in his major league career. Since coming to L.A. in advance of the 2013 season, Ryu has made 125 starts in seven seasons–an average of 17.8 starts per year. Then again, maybe that’s not a fair depiction: it may be more accurate to simply say that shoulder and elbow surgeries limited him to one appearance from 2015-2016, while he was likewise limited to just 15 starts in 2018.

But for teams looking for premium performance, the 32-year-old Ryu has a clear leg up on just about anyone currently available. He’s logged two consecutive seasons in the top five percent of pitchers in terms of walk rate and he induces ground balls at a very healthy clip. According to Statcast, he’s almost unmatched when it comes to limiting hard contact: hitters managed just an 85.3 mean exit velocity against Ryu’s five-pitch arsenal last year, a mark that ranked in the game’s top four percent. He just won the ERA title, after a 2018 campaign that saw him post a 1.97 earned run average in 15 starts. You get the picture–Ryu is very good at pitching, when healthy.

In advance of the 2017 season, the Dodgers signed lefty Rich Hill to a three-year, $48MM deal. To that point, Hill had twice exceeded the 100-inning threshold at the major league level in a 12-year career. He was set to turn 37 the following spring. To boot, that deal took place three years ago and in advance of several record-setting contracts for open-market pitching. The question is: what does a high-performing, oft-ailing pitcher deserve three years on from when Hill secured $48MM in guarantees? We predicted three years and $54MM for Ryu at the winter’s outset, but, in the wake of this offseason’s events (and considering the Wheeler deal, especially) there seems to be a fair argument that his horizons have expanded. The Twins, Dodgers, Blue Jays, and Cardinals have all been specifically linked to him in recent weeks.

We put it to you: which team is best positioned to take a chance on him, and what kind of contract does he figure to receive?

Where will Ryu sign? (Poll link for app users)

How long will the contract be? (Poll link for app users)

What will the total guarantee be? (Poll link for app users)

Cardinals Reportedly Interested In Hyun-Jin Ryu

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The Cardinals are another club with interest in veteran lefty Hyun-Jin Ryu, according to MLB.com’s Jon Morosi (via Twitter). Ryu is among the top remaining pitching options on the open market.

We’ve heard the St. Louis organization tied to starters here and there, but it’s not yet fully clear how dedicated a pursuit will occur. The club already brought back Adam Wainwright but also saw Michael Wacha depart via free agency.

Ryu is said to be seeking the security of a three or four-year pact. While he comes with a dodgy health history, the 32-year-old was healthy in 2019. And Ryu has always been effective when healthy — never more than of late. He owns a ridiculous 2.21 ERA over 265 innings in his past 44 starts, with 8.6 K/9 to go with a meager 1.3 BB/9.

Given that history, it’s no surprise that quite a few organizations see Ryu as a target. The incumbent Dodgers are an option, with the Blue Jays and Twins reportedly among the other pursuers.

Fallout Notes After Gerrit Cole Signing: Blue Jays, Angels, Pettitte, Dodgers, Bumgarner

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Much will come to light in the coming days now that the Yankees have officially given Gerrit Cole the largest deal in league history for a pitcher – but even now, mere hours from the revelation, the news is starting to sink in. The rest of the pitching market could unstick rather quickly, and the Blue Jays are having to factor in their new reality of having to face Cole four or five times a year for the next decade, writes Ben Nicholson-Smith of sportsnet.ca. Of course, what better way for Vlad Guerrero Jr., Bo Bichette and friends to push themselves to reach their massive potentials than by facing off with the best of the best. Of greater concern for Toronto is who will take the mound on their side in 2020. With the biggest names now off the board, interest will pick up for the next tier of free agent starters, guys like Hyun-Jin Ryu and Dallas Keuchel, in whom Toronto has shown interest. Those who missed out on Cole may up the ante for the next round, however, putting the Blue Jays’ realistic options more in the field of Tanner Roark, Rick Porcello, or Wade Miley. They could even lend a helping hand to the Yankees by taking back J.A. Happ if a prospect(s) came along with him. Let’s see what else folks are saying here in the wee hours of life in our bleak new post-Cole-sweepstakes reality…

  • The winners and losers of Cole’s mega contract are fairly obvious, but The Athletic’s Ken Rosenthal makes the rounds anyway, starting with the Yankees – the biggest winners here (besides Cole and maybe Scott Boras) for finally reeling in their “white whale.” The Angels come away from the Cole saga disappointed, but it’s not all bad for the Halos. They have more need than could have been filled by Cole alone. As tantalizing a talent Cole is, they may be better off spreading their money around. Now that the Giants took Zack Cozart’s deal off their hands, they might have enough resources to buy a supporting cast for Mike Trout.
  • It’s easy to view the Yankees’ winning bid as a harkening back to the days of New York as the evil empire, but the reality is actually much more frightening, per The Athletic’s Marc Carig. He writes, “The Yankees are well-run, well-heeled and well-schooled in the art of reeling in the big fish.” True enough: this was no impulsive spending spree. The Yankees, like much of the league, have curbed their shopping addictions and learned to spend wisely. As a result, they should enter 2020 as favorites to win the American League. Oddly, for years it was expected that Bryce Harper and Manny Machado’s free agency would wake the dormant goliaths from their winter slumber, but it turned out to be Cole who not only made the notoriously judicious Andrew Friedman plead his case for the Dodgers, but who prompted the Yankees to shake off the rust and woo their western rival’s star player like the old days.
  • Speaking of: Andy Pettitte played a role in evangelizing on behalf of New York’s lifestyle benefits. He encouraged Cole about playing in New York as a benefit for his peace of mind, per Joel Sherman of the New York Post. Pettitte’s point was that Cole could focus himself on the task of winning titles, as the playoffs should be an annual guarantee (or at least strong possibility). Of course, the Dodgers and Astros could have made the same argument about their squads.
  • The Dodgers, it’s worth noting, made a real push for Cole. Among 324 million other reasons, however, Cole came away from his meeting with New York impressed with new pitching coach Matt Blake, who appealed to Cole’s interest in the intellectual side of the game, noted Carig. Of course, Cole also grew up a Yankees fan, which might have tipped the scale in the Yankees’ favor in a way that the Dodgers simply couldn’t answer. Now that the dust has settled, the Dodgers are moving on to the goal of convincing Madison Bumgarner to make the heel turn and join an already strong rotation in Chavez Ravine, tweets Rosenthal.

Blue Jays Notes: Ryu, Roark, Gibson, Gausman

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Free agent left-hander Hyun-Jin Ryu “is emerging as one of the Blue Jays’ prime targets” in the team’s wide-ranging search for pitching, Sportsnet.ca’s Shi Davidi writes.  With other major pitchers like Stephen Strasburg and Zack Wheeler already off the board, however, the Jays will face a lot of competition to land Ryu, particularly from teams that come up short on signing Gerrit Cole or Madison Bumgarner.  Should the Dodgers fail to sign Cole, Davidi notes, Los Angeles would seem like a prime candidate to pursue re-signing a known quantity in Ryu — indeed, we’ve already heard reports that the Dodgers have Ryu in their sights.

“Right now, the Blue Jays seem determined to not block themselves out of a possible run at Ryu by doing something else,” Davidi writes in a separate piece.  Aside from the acquisition of Chase Anderson from the Brewers, however, the Jays haven’t done much to upgrade a rotation that was the team’s chief offseason priority.  It could be that the Jays’ deliberate methods of pursuing and evaluating every possible arm on the market are leaving them behind other teams who make a more direct push for a specific pitcher at the top of their list.  In the view of one agent, talks with the Blue Jays “are 90 per cent due diligence that doesn’t go anywhere.”

To this end, Davidi wonders if the Jays are really willing to spend “outside their comfort zone” to sign Ryu if he is their top choice, since if not, missing out on Ryu could also in Toronto missing out on several other pitchers who could sign elsewhere in the interim.  For instance, Davidi notes that “one path the Blue Jays are particularly keen on” would see Ryu and Tanner Roark both sign with the Jays, after the Dodgers leave the Ryu sweepstakes due to a Cole signing.  If this is the case, I’d argue there’s no reason the Jays couldn’t go out of their way to sign Roark now, as he wouldn’t require nearly the price tag of the top pitchers on the free agent market.  (MLBTR projected Roark for a two-year, $18MM deal, and in fact predicted he’d end up signing with the Jays.)  Toronto is nowhere near any kind of payroll crunch, given the team’s lack of financial commitments both in 2020 and in future seasons.

That said, the Blue Jays have done more than just talk, as the club made multiple contract offers to Kyle Gibson, as manager Charlie Montoyo told MLB.com’s Keegan Matheson and other reporters.  The right-hander ended up going to the Rangers on a three-year, $28MM deal.  “You hate to lose guys like Gibson.  I was there when we made the offers and they were pretty good offers, just somebody else made a better offer,” Montoyo said.

Kevin Gausman is another free agent hurler who doesn’t appear to be coming to Toronto.  Davidi reports that the Jays had interest in the recently non-tendered righty, but Gausman is likely going to sign elsewhere this week.

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