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J.T. Realmuto

Phillies Have Yet To Discuss Extensions With Realmuto, Hoskins

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The Phillies haven’t yet broached the subject of a contract extension with either catcher J.T. Realmuto or first baseman Rhys Hoskins, the two players told reporters (including Philly.com’s Scott Lauber and Jim Salisbury of NBC Sports Philadelphia).  The duo each expressed interest in remaining with the Phillies over the long term, and neither seemed perturbed by a lack of negotiations.

Realmuto can become a free agent after the 2020 season, though despite mutual interest in an extension from both the catcher and the team, Lauber writes that “neither side feels urgency to rush into anything” since Realmuto only joined the Phillies in February.  It stands to reason that the Phils will wait until the winter to really delve into contract talks, though obviously another All-Star caliber season from Realmuto will only raise his asking price.  There’s even less of a rush to extend Hoskins, as the slugging first baseman is under team control through the 2023 season and isn’t even arbitration-eligible until the 2020-21 offseason.

Looming over this whole discussion, of course, is the state of free agency, as the last two offseasons of slowed activity have resulted in an incredible number of contract extensions signed over the last two months.  The Phillies themselves have already been a part of that action, inking Aaron Nola to a four-year extension worth $45MM in guaranteed money.  The extension flurry has seen both established stars (like Realmuto) and younger pre-arb players (like Hoskins) taking a payday now rather than test what has become an increasingly unfriendly free agent market to veteran players.

Realmuto will turn 30 in March 2021, while Hoskins will turn 31 prior to the 2024 season.  In Hoskins’ case, he stands to make some solid money during his arbitration years if he continues to hit, as the arb process rewards traditional counting stats like home runs and RBI.  A pricey multi-year deal, however, could be harder to come by unless the next collective bargaining agreement between MLB and the players’ union (the current deal expires in December 2021) changes the free agent climate.

“I think all of us players have noticed [what’s happened in free agency],” Hoskins said.  “Obviously we hope stuff like that flips by the time that we get there. I don’t know if it will ever get back to where it was, but hopefully it starts trending in the opposite direction of where it is right now. I think a lot of those questions are going to be answered after [2021].”

According to Salisbury, the Phillies previously tried to extend Hoskins prior to the 2017 season, before he had even made his Major League debut.  Philadelphia used a similar approach with another top prospect in Scott Kingery last year, signing Kingery to a six-year, $24MM deal that gave the Phils club options over three of Kingery’s free agent years.

Hoskins’ camp declined those earlier offers, though Hoskins has since changed representation to the Boras Corporation.  As much as Scott Boras is known for taking his clients into the open market, Hoskins reiterated that his agent is perfectly willing to negotiate extensions if they make sense for the player.  It should be noted that Boras has a number of noteworthy extensions on his record, including Xander Bogaerts’ new pact with the Red Sox from just a couple of weeks ago.

NL East Notes: Realmuto, CarGo, Marlins, Braves, Vargas

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Newly acquired catcher J.T. Realmuto and the Phillies have yet to discuss a contract extension, agent Jeff Berry said at this week’s news conference to introduce Realmuto to his new team (link via Jim Salisbury of NBC Sports Philadelphia). That doesn’t mean that the two sides won’t eventually sit down and try to work out a long-term arrangement, but Realmuto said at his introduction that he’s scarcely even had time to think about contractual matters on the heels of such a hectic week. “I’ve heard nothing but amazing things,” Realmuto said of the Phillies organization, “so we’ll see about that in the future.” The Phillies control the All-Star for another two seasons.

Here’s more from the division…

  • The Marlins are open to signing another veteran position player, writes Joe Frisaro of MLB.com, who calls longtime Rockies outfielder and South Florida resident Carlos Gonzalez a “possible pick-up” for the team. The 33-year-old Gonzalez has seen his offensive numbers drop in recent seasons; while his combined .269/.334/.445 slash and 30 homers over his past 1038 plate appearances are solid at first glance, park-adjusted metrics like OPS+ and wRC+ feel his bat has been a bit below the league average when factoring in the positive effect of Coors Field. CarGo was an NL All-Star as recently as 2016 and ripped 40 homers for the Rockies in 2015. Lewis Brinson, Brian Anderson, Magneuris Sierra and Austin Dean are among Miami’s current outfield options on the 40-man roster, and the Marlins also recently inked Curtis Granderson to a minor league contract.
  • Although the Braves have been quiet in terms of roster additions since signing Josh Donaldson and Brian McCann early in the offseason, David O’Brien of The Athletic tweets that the team expects payroll to increase over its year-end mark of $126MM, be it via spring additions or in-season player acquisition. Atlanta currently has a projected payroll of about $118MM, which would suggest there’s room for at least another $8-9MM to be added, though O’Brien notes that the organization is (unsurprisingly) not divulging a target number for the 2019 payroll. At the time of Nick Markakis’ return to the organization last month, general manager Alex Anthopoulos spoke about how the relatively low guarantee on that contract could provide some additional flexibility down the line, though that has yet to manifest in the form of a roster move.
  • Mets fans hoping for their club to add another starting pitcher don’t appear likely to have that wish granted, as skipper Mickey Callaway declared lefty Jason Vargas the team’s fifth starter yesterday (Twitter link via MLB.com’s Anthony DiComo). Further, that proclamation indicates that there won’t be a competition for the final rotation spot, which could’ve otherwise included apparently bullpen-bound righties such as Seth Lugo, Robert Gsellman or any of the team’s arms in the upper minors (e.g. Corey Oswalt). Certainly, a spring injury or two could change that reality, but for the time being, it appears the Mets are content not only with the arms they have on the 40-man roster but also with the expected roles for each of those pitchers.

Fallout From The J.T. Realmuto Trade

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Following a merciful coda to the offseason’s most protracted soap opera – a fine Philly offer, agreed upon Thursday, that finally plucked former Marlin catcher J.T. Realmuto from the clutches of South Beach – each of the oft-snubbed clubs offered their final say.

We’ll start in Atlanta, in whose court the Realmuto ball seemed to linger longest – indeed, per Jon Heyman of MLB Network, the team needed only to surrender two from the group of Austin Riley, Cristian Pache, and one top pitching prospect (of which Atlanta has several: each of Mike Soroka, Ian Anderson, Touki Toussaint, Bryse Wilson, Kyle Wright, and Joey Wentz are top 100 prospects in at least one major outlet). Ozzie Albies, said to be an essential part of any Realmuto deal with Atlanta, was never a demanded centerpiece, per Ken Rosenthal of The Athletic. Though certainly a substantial return, it’s a package that can’t be said, by any reasonable analysis, to be one that would have stripped the farm of the suddenly-conservative Braves to the bone.

The ask of the Dodgers, ever-cautious themselves, was two from a group of Dustin May, Keibert Ruiz, Gavin Lux, and Will Smith, per Heyman, in the same tweet. Ruiz and Smith, both catchers, likely won’t ever be on the field together at Chavez Ravine, and some outlets ranked neither May nor Lux inside the top 100. Both Heyman and Rosenthal concede that Cody Bellinger was the prize on which Miami initially laid its eyes, but it appears the team quickly swiveled to less-established names in the weeks to follow.

Rosenthal confirms earlier reports that the Fish first coveted outfielder Michael Conforto or Amed Rosario from the Mets, and adds that the team also needed a “top shortstop prospect,” presumably Andres Gimenez, to be added to the deal. It doesn’t appear the club pivoted to other names after the Mets balked, likely owing to the thinned-out version of the late-offseason Mets farm.

From the Yankees, the club did seek Gary Sanchez and Miguel Andujar, per Rosenthal, but only part of a “larger deal” that would obviously have included additional pieces. The Bombers were understandably reluctant to trade either, and the wheat of the Yankee farm – stocked mostly with high-upside, low-level types – wouldn’t have been enough to secure Realmuto’s services. The reported three-team with the Mets that would have sent Noah Syndergaard to New York was bandied about, but a copacetic swap was “never close.”

Cincinnati was both late to the fore and hesitant to move any of its top three prospects, per Rosenthal, and it doesn’t appear a deal was close there, either. Perhaps surprisingly, given the intense scrutiny of the talks, both the Twins and White Sox were “in the mix,” though prospective returns and/or offers are still in the dark.

In the end, Miami seems more than content with its return. The Fish regarded Will Stewart, the trade’s third piece, as Philadelphia’s second-best pitching prospect, per Rosenthal, ahead of near-unanimous top-100 hurler Adonis Medina, righty Spencer Howard, who placed 52nd on Keith Law’s list, and lefty JoJo Romero (66th overall, per Law). Sixto Sanchez, of course, has a decent shot to be an ace, and it’s certainly true that the club could reap more value in Jorge Alfaro alone than it would in the next two seasons with Realmuto behind the dish. The oft-pilloried asks, long said to far outstrip the two-year value of the game’s premier offseason trade target, were, in most respects, perfectly reasonable, and may have quickly been met in eras bygone. This, though, is the time for prospect hoarding, an age in which the control is treasured above all else, and those with even the slightest chance to be stars are stashed deep away, brought out only for the most earnest of window shoppers.

Phillies Acquire J.T. Realmuto

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2:15pm: The Phillies have announced the trade, acquiring Realmuto in exchange for Alfaro, Sanchez, Stewart and international funds. It seems, then, that the bonus money was the fourth component of the deal, rather than an additional minor league talent.

1:30pm: One of the winter’s biggest storylines has finally drawn to a close, as the Phillies and Marlins have agreed to a deal that will send star catcher J.T. Realmuto to Philadelphia, according to Jim Bowden of The Athletic (Twitter links). A four-player package will go to Miami in return, headlined by young backstop Jorge Alfaro and top pitching prospect Sixto Sanchez. Southpaw Will Stewart is one of the other pieces in the deal. The Marlins also acquire an international signing slot worth $250K, per ESPN.com’s Jeff Passan and the New York Post’s Joel Sherman (Twitter links).

J.T. Realmuto | Charles LeClaire-USA TODAY Sports

The course of negotiations surrounding Realmuto took many twists and turns. At various times, it seemed he’d end up at a variety of different teams, with the Dodgers, Padres, Reds, Braves and Astros all rumored to be involved to varying extents. Ultimately, the Phillies emerged late as the winning suitor, with their willingness to include Sanchez, one of the game’s top-ranked pitching prospects, seemingly pushing things over the finish line.

With the move, the Phils will add two seasons of Realmuto, a player who has established himself as the game’s best backstop. He’s earning just $5.9MM in 2019 with one more season of arbitration eligibility still remaining. It’s certainly possible that the Phils will pursue extension talks with the 27-year-old, though there is no indication that the possibility of a long-term contract is an element of today’s transaction.

Some may wonder whether this represents an alternative to the Phils’ longstanding pursuit of top free agents Bryce Harper and Manny Machado. Odds are, it only enhances the odds of such a major outlay. Parting with the years of cheap control over Alfaro and the upside of the two pitchers clearly positions the Phillies as a win-now club. And Realmuto is an affordable piece who won’t remotely clog the still-wide-open current and future Philadelphia balance sheets. His addition only further underscores the Phillies’ desire to win, which one would figure to be an appealing trait for either Machado or Harper. Of course, both are still expected to go to the highest bidder, but Philadelphia’s aggressive commitment to winning this offseason could be a tipping point in its favor should either top free agent be weighing similar offers from the Phillies and another suitor.

Future maneuverings aside, Realmuto himself provides a significant boost to the Phillies’ 2019 playoff chances. The 27-year-old missed the first few weeks of the 2018 campaign due to a minor back injury but came storming back with a terrific .277/.340/.484 batting line, 21 home runs, 30 doubles and three triples in 531 plate appearances. Realmuto’s OPS+ (which is adjusted for home park and league) checked in at 139 — effectively indicating that he was 39 percent better than a league-average hitter. That’s all the more impressive when considering that catchers, on the whole, were about 10 to 15 percent less effective than a league-average bat. Put simply — there are few, if any catchers in baseball who could upgrade a lineup more than Realmuto.

Defensively speaking, Realmuto is solid across the board. He’s thrown out would-be base thieves at a 35 percent clip across the past three seasons and has turned in average or better pitch-blocking marks, per Baseball Prospectus, throughout his career. While Realmuto’s framing efforts graded out poorly early in his big league tenure, he drew above-average marks in 2017 and average marks last season, so the Phillies can likely expect at least average output in that regard. Realmuto isn’t the framer that Alfaro was in 2018, but he’s a better blocker, and it’s not unreasonable to think that he could be a three- or four-win upgrade over Alfaro on his own.

As one would expect for a player of Realmuto’s caliber, the cost of acquisition was hardly cheap. Alfaro will step directly into the Marlins’ lineup as the team’s primary new backstop. While his bat is a work in progress, his framing in 2018 was excellent, and scouting reports on him as a prospect often pegged him with an 80-grade arm (top of the 20-80 scale).

Jorge Alfaro | Bill Streicher-USA TODAY Sports

Alfaro hit .262/.324/.407 with 10 homers in 377 PAs last season, but there’s reason to doubt his ability to replicate that output. Specifically, Alfaro whiffed in 36.6 percent of his plate appearances and benefited from an eye-popping (and clearly unsustainable) .406 average on balls in play. The 25-year-old will need to improve on his contact skills if he’s to carve out a career as a regular, but the tools he possesses are undeniably enticing — particularly for a rebuilding club like Miami.

Sanchez, meanwhile, has rated among the game’s top pitching prospects for the past couple of seasons thanks to a triple-digit fastball and the potential for three average or better secondary offerings. The biggest question with him is health, as the righty was limited to 46 2/3 innings last season thanks to arm troubles (though none that required surgery). Sanchez reached the Class-A Advanced Florida State League as a 19-year-old last year — making him about four years younger than the average player in that league. Despite facing more advanced and experienced hitters, Sanchez pitched to a pristine 2.51 ERA with a terrific 45-to-11 K/BB ratio and a 52.3 percent ground-ball rate in those 46 2/3 frames when healthy. He’s likely at least a year away from MLB readiness, but he’ll immediately become not just the most highly regarded pitcher in the Marlins organization but their clear-cut top prospect.

The addition of Stewart, 21, isn’t a throwaway note for the Marlins, either. A 20th-round pick back in 2015, the lefty has elevated his status with a strong showing to this point in his pro career and was ranked 18th among Phillies farmhands by Eric Longenhagen and Kiley McDaniel of Fangraphs just last month. Stewart was two years younger than his average opponent in Class-A last season but nonetheless worked to a 2.06 ERA with 7.1 K/9, 1.7 BB/9 and a sensational 62.9 percent ground-ball rate in 113 2/3 innings as a starter. His sinker is complemented by a trio of potentially average offerings, and his significantly improved walk rate in ’18 is reason for further encouragement. The ceiling on Stewart is certainly lower than on Sanchez, but as ground-ball oriented pitcher with solid control, he could function as a nice back-of-the-rotation piece in the Marlins’ spacious home park if all pans out well.

In all, the Marlins have certainly positioned themselves to come away from the trade with a fair bit of value. While there’s certainly risk to the assets which they acquired — as is the case when trading any star player for unproven talent — Alfaro was long one of the game’s top catching prospects before debuting, and the most optimistic scouting reports on Sanchez peg him as a potential top-of-the-rotation starter. It’s feasible that by mid-to-late 2020, both could be on the Marlins’ big league roster, and the addition of a solid arm such as Stewart, even if he’s more “high floor” than “high ceiling,” deepens the farm and presents another potential rotation piece.

The Phillies traded a pair of high-upside players, Alfaro and Sanchez, who could prove to be dynamic pieces for a division rival down the line but did so at a time when the NL East could legitimately be seized by any of the division’s top four teams. Realmuto will join new additions Jean Segura and Andrew McCutchen alongside holdover Rhys Hoskins in the top portion of the Phillies’ lineup, and with the potential addition of Harper or Machado looming, his presence should be a key element in a dramatically improved lineup. The Phillies are aggressively looking to atone for last season’s late collapse, and the moves they’ve made, to date, seem quite likely to help the organization achieve that goal.

Phillies, Marlins Working Out Details Of Prospective J.T. Realmuto Swap

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Reports emerged this morning that momentum was growing between the Phillies and Marlins on a deal to send star catcher J.T. Realmuto to Philadelphia. Now, it seems, the sides have made yet further strides, to the point that they appear to be on the cusp of a completed transaction.

Joel Sherman of the New York Post cites multiple sources (Twitter link) for the proposition that the negotiations are “down to physical reviews” and the supplemental prospect pieces in the swap. He reports that top Phillies pitching prospect Sixto Sanchez would join young backstop Jorge Alfaro as the two key pieces of the package.

That report builds upon prior indications of a nearing agreement. Bob Nightengale of USA Today tweets that two of the other organizations that had been pursuing Realmuto now believe he’s destined to land with the Phils. Craig Mish of MLB Network Radio on Sirius XM tweeted that he expects a deal to occur today, while MLB.com’s Jon Morosi reported the growing momentum with the Philadelphia organization specifically.

In terms of the final details of the package, it seems that’s still open to discussion. (One wonders whether other Marlins players or third teams could also be involved.) Sherman reports (Twitter links) that players under consideration including top-ten organizational prospects Mickey Moniak, Adam Haseley, and Adonis Medina, with Jon Heyman of MLB Network reporting (Twitter links) that Alec Bohm, Luis Garcia, and Spencer Howard all also being talked about.

That bunch of names covers most of the top portion of the Phillies farm, so there’ still a good bit of variability in the outcome here. Sherman says the outlook for the deal still looks good — indeed, Sanchez’s medicals are already under review in Miami — but there’s haggling left to go. The Marlins want four total players and are unsurprisingly trying to pry loose some of the Phils’ best remaining farm assets.

Phillies “Gaining Momentum” In Pursuit Of J.T. Realmuto

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THURSDAY: The Phillies are “gaining momentum” in their pursuit of Realmuto, according to MLB.com’s Jon Morosi. Precisely what that means isn’t clear, but it seems the sides have reason to believe they could line up on a swap.

Mish tweets that he expects a deal to occur today, though he does not specify that Realmuto will necessarily be sent to the Phils.

WEDNESDAY, 4:00pm: Scott Lauber of the Philadelphia Daily News also hears that the Marlins’ preference is to find a deal for Realmuto in the very near future (Twitter link). Like Frisaro, he notes that Sanchez is viewed by the Marlins as a key piece in the deal, adding that young catcher Jorge Alfaro would need to be included in the swap as well.

1:46pm: The Marlins will demand top pitching prospect Sixto Sanchez in any deal with the Phils, per MLB.com’s Joe Frisaro.

Frisaro notes that the Miami organization would like to wrap up a deal with one of the remaining suitors before the club holds its annual FanFest event this Saturday.

TUESDAY: The Phillies appear to be re-emerging as a candidate to land Marlins catcher J.T. Realmuto. Ken Rosenthal of The Athletic tweeted earlier today that the clubs have been in contact of late, while Yahoo’s Tim Brown now notes on Twitter that “there could be some traction” between the clubs, suggesting it is a situation to monitor.

As ever, it’s worth taking this news with a grain of salt. The trade saga surrounding Realmuto has dragged on for the entirety of the offseason, with numerous reports suggesting that certain suitors were rising or falling in likelihood. With February upon us, Realmuto remains a Marlin.

That said, this match makes potential sense on paper and these particular journalists aren’t prone to dropping bread crumbs of information in a scattershot manner. On the Marlins’ side, it seems all but certain that the Miami club will end up shipping Realmuto elsewhere. Following an outstanding 2018 season, and with two seasons to go before he reaches free agency, his value will never be higher. There are plenty of interesting assets in the Phillies system that would hold appeal to the rebuilding Marlins.

The Phillies have been eyeing up major acquisitions all winter long, but haven’t yet pulled the trigger. While the focus has been elsewhere, it’s plenty arguable that the team could stand to improve behind the dish. Jorge Alfaro has promise, and has been rather productive thus far in the majors, but is far from a sure thing after striking out 138 times in 377 plate appearances last year. Meanwhile, Andrew Knapp struggled a fair bit in his first full effort at the game’s highest level.

This latest chatter may not lead to anything. We recently heard that the Reds were progressing in talks on Realmuto, only for that talk to fall off. Over the weekend, reports emerged and were then shot down that the Rays were back in the hunt. It has been suggested that negotiations were nearing a crescendo, but things remain unresolved.

Still, it’s certainly intriguing to imagine that the Phils are making a push here. The club could conceivably envision a strike for Realmuto as part of a broader late-market push to land multiple high-end players. Realmuto, after all, is earning only $5.9MM in 2019, so his salary won’t make much of a dent and surely won’t preclude much larger expenditures. Alfaro could in theory be a part of the return, as he’d be just the sort of controllable, reasonably high-upside MLB asset that would help the Marlins feel good about parting with their best player. And it may be coincidental, but it’s worth noting that the Phils just struck a deal with veteran Drew Butera, who might in theory make for a sensible reserve to pair with a heavily used regular such as Realmuto.

Latest On J.T. Realmuto

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SUNDAY: The Rays “appear content” with their current lineup, according to the Tampa Bay Times’ Marc Topkin, who adds it would be “unexpected” for the club to make any more trades with spring training nearing. That seems to cast doubt on the possibility of the Rays acquiring Realmuto.

SATURDAY: Twists and turns continue in the saga of Marlins catcher J.T. Realmuto, who has been a dominant presence in trade rumors throughout the offseason. As of Thursday, the Padres, Reds, Dodgers and Braves were reportedly the last remaining suitors for Realmuto, but the Rays have worked their way back into the mix, according to Joe Frisaro of MLB.com. While it seemed earlier this week that Tampa Bay had exited the race for Realmuto, the club has “re-engaged” as spring training nears, per Frisaro.

Fresh off a surprising 90-win season in 2018, the Rays entered the winter as candidates to make noteworthy upgrades, despite their low-payroll ways, but have mostly shied away from headline-grabbing moves. The Rays’ biggest pickup thus far has been right-hander Charlie Morton, whom they inked to a two-year, $30MM contract, and they’ve also reeled in the less expensive trio of catcher Mike Zunino (via trade with Seattle), infielder Yandy Diaz (via trade with Cleveland) and outfielder Avisail Garcia (one year, $3.5MM guarantee). With those four in tow, the Rays are only projected to open the season with a $59MM-plus payroll – far below their $76MM-plus mark from 2018 – as Jason Martinez of Roster Resource estimates.

Fortunately for the small-spending Rays, acquiring Realmuto would not cause a sizable dent in their budget. He’ll earn $5.9MM this year, his second-last arbitration season, and that relatively inexpensive sum only increases his appeal from their standpoint. At the same time, it also helps explain why the Marlins have been holding out for a bounty for the soon-to-be 28-year-old Realmuto, who was the majors’ top catcher last season. And the Rays, whose farm system features nine of ESPN’s Keith Law’s top-100 prospects (subscription required), likely have the ammunition to get a deal done if they’re motivated.

However, should the Rays land Realmuto, it’s an open question whether Zunino would remain in place. Tampa Bay could simply keep Zunino as Realmuto’s backup, thus giving it the game’s best behind-the-plate tandem, but the former may once again become a trade chip in his own right. With a quality track record, two years of arbitration eligibility remaining and a sub-$4.5MM salary for 2019, Zunino could bring back a player(s) capable of helping the Rays’ roster at another position. Zunino has already netted a solid return in a trade once this offseason, as the Rays acquired him in a five-player deal in which they parted with a cheap, starting-caliber outfielder in Mallex Smith.

The Marlins, meanwhile, may receive a Realmuto replacement as part of a trade, which could make Zunino an attractive target for them. While that’s merely speculation, they have discussed veteran backstop Tucker Barnhart in trade talks with the Reds, Jonathan Mayo of MLB.com tweets. Additionally, a potential deal with Cincinnati could include 22-year-old third baseman Jonathan India (previously reported) – whom the Reds selected fifth overall in last summer’s draft – as well as at least one “lesser” prospect, Mayo relays. Acquiring Realmuto would be the latest sign that Cincinnati’s aiming to return to contention in 2019. The Reds are currently coming off their fifth straight sub-.500 season and fourth straight campaign with fewer than 70 wins, but they’ve since picked up a slew of household names in various trades.

Like the Reds, the Padres seem hopeful they’ll put several years of irrelevance behind them during the upcoming season. Although the Padres haven’t made any significant improvements yet, they’ve been connected to Realmuto and other stars in the rumor mill. Trading for Realmuto would surely take a bite out of the Padres’ loaded farm system –  a unit which includes a whopping 10 top-100 prospects, per Law; subscription required). Jon Morosi of MLB.com reported last week that the Marlins wanted big-hitting catcher prospect Francisco Mejia from the Padres in exchange for Realmuto, but it doesn’t seem that’s the case anymore. At this point, Miami’s interest in Mejia isn’t “especially high,” according to Morosi, Therefore, it’s “likely” that the Marlins would instead need one of Fernando Tatis Jr., MacKenzie Gore or Luis Urias from the Padres in a Realmuto package, Morosi writes. Tatis, Gore and Urias rank first, second and fourth among the Padres’ prospects at MLB.com, which places Mejia third.

It’s currently anyone’s guess which uniform Realmuto will don in 2019, but it seems we’ll find out in the coming days. The Marlins are within two weeks of opening camp, and it’s unlikely Realmuto will still be on their roster at that point, Frisaro suggests.

J.T. Realmuto Talks In “Advanced Stages”

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The Marlins’ trade talks centering around J.T. Realmuto have reached “advanced stages,” reports Joe Frisaro of MLB.com, who lists four possible suitors still in the mix: the Padres, Reds, Dodgers and Braves.

While the report seems to advance things from previous levels, it should be pointed out that this isn’t the first time talks have reportedly gained momentum. In fact, that exact terminology (“gaining momentum”) was used last Friday with no deal yet coming to fruition. Earlier this week, the Reds were said to have “made progress” on a Realmuto swap before those reports were walked back, and it’s now been three weeks to the day since the Marlins were first reported to be in “substantive” trade talks regarding Realmuto.

Whatever is going on behind the scenes, it seems clear that there has at times been a concerted effort to convey the idea that talks have been more productive than is the case in actuality. Perhaps that’s the Miami organization trying to pressure other clubs to inch their offers toward the reported sky-high asking price, but with all due respect to those involved, it’s become difficult to determine just how close a deal is to reality. For instance, MLB Network’s Jon Heyman tweets that the Dodgers aren’t even active in their pursuit at the moment but adds the Rays to the list of current pursuers; Frisaro’s report, in contradictory fashion, says the Rays and Astros look to have largely bowed out of the race while listing the Dodgers as a factor. MLB.com’s Jon Morosi tweeted last night that the Padres are more involved than the Dodgers.

The greatest cause for optimism regarding a terminus in this exhausting saga could be the latest column from The Athletic’s Dennis Lin (subscription required), wherein he writes that there are “signs that [the asking price] has come down in recent days.” The Padres have reportedly sought an extension with Realmuto as a contingency in any trade, though Lin now writes that the organization remains confident it could sell the catcher on its promising future even though the Marlins have denied interested teams a window to negotiate a long-term deal.

Over the past week, the Padres and Reds have been the two teams most strongly linked to Realmuto, with Atlanta, Los Angeles and Tampa Bay oft rumored to be involved to varying extents. The continually conflicting depiction of the extent to which each is (or isn’t) interested makes individual updates perhaps worth taking with a grain of salt. However, the pronounced increase of rumors surrounding Realmuto does seem to lend credence to the notion that the Marlins have upped their efforts to find a palatable deal.

Reds Have “Made Progress” In Realmuto Trade Talks; Other Clubs Still Involved

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4:30pm: While the Reds’ interest in Realmuto is genuine, tweets C. Trent Rosecrans of The Athletic, the organization also doesn’t view him as a necessity and isn’t willing to overpay in order to acquire the All-Star.

Jan. 29, 9:13am: Whatever progress was made has clearly not yet resulted in a deal. It’s not just that the Marlins want to wait to see if other clubs will increase their offers. Rather, per Heyman (via Twitter), the Fish and the Reds are “still apart on prospects,” with other clubs also still engaged with the Miami organization.

Jan. 28, 3:59pm: MLB.com’s Joe Frisaro tweets that there are “substantive” talks ongoing between Cincinnati and Miami, adding that India is indeed a player being discussed as part of the return.

The Marlins, though, are still talking with the Dodgers and Padres, at the very least, and are seeking the best package of two to four players they can obtain.

3:03pm: Third base prospect Jonathan India, whom the Reds selected with the No. 5 overall pick in this past summer’s draft, is also of interest to the Marlins, Heyman tweets. The former Florida Gators star hit a combined .240/.380/.433 in 184 plate appearances this past season in his pro debut — though he struggled in the Class-A Midwest League a bit after tearing through the Rookie-level Appalachian League with a .995 OPS in 14 games (the type of production one would expect from a fairly polished college bat in Rookie ball).

2:37pm: The Reds are “making progress” in their effort to pry catcher J.T. Realmuto away from the Marlins, reports Fancred’s Jon Heyman (Twitter links). Prospects Nick Senzel, Taylor Trammell and Hunter Greene are all of interest to Miami, Heyman notes, which isn’t exactly a surprise given that they’re the organization’s consensus top three farmhands. Cincinnati is reluctant to part with any of that trio, but the two sides still appear to be gaining steam. Tucker Barnhart could be part of the package going back to Miami if a deal is reached, Heyman adds.

Whether it’s with the Reds or another club, it does seem as though the Marlins are at long last moving toward a deal. SiriusXM’s Craig Mish tweets that the Padres have been making a “late charge” for Realmuto and suggests that the “final chapter of the saga is upon us.” Heyman tweets that the Padres and Dodgers have been among the most aggressive teams in pursuit of Realmuto in recent days, prior to Cincinnati’s increased efforts. The Braves, according to Mish, are also in the mix though perhaps not to the same extent as the other three.

If the Reds are to ultimately strike a deal, it’ll be the latest move in an aggressive offseason of trades that has dramatically altered the complexion of the club. Cincinnati has already acquired (and extended) Sonny Gray in a deal with the Yankees, and the Reds have also picked up Alex Wood, Tanner Roark, Yasiel Puig and Matt Kemp in another pair of deals.

While catcher isn’t a clear-cut area of need given that Barnhart is a solid option behind the dish himself, Realmuto has emerged as arguably the game’s best all-around catcher over the past couple of seasons, meaning he’d still be an upgrade for the Reds if Barnhart is indeed shipped to Miami as part of the trade. It should be noted, too, that Barnhart took a step back in several key areas last year; the 28-year-old had a career-high strikeout rate (18.4%) and saw his OBP and average dip as his batting average on balls in play regressed closer to his career norm.

Even defensively, the well-regarded Barnhart saw his caught-stealing rate plummet from a league-leading 44 percent in 2017 to a below-average 24 percent in 2018. In spite of his 2017 Gold Glove Award and strong reputation, Barnhart has never graded out as a plus pitch-framer, but he posted the worst marks of his career in that regard in 2018 as well (per Baseball Prospectus).

All of that said, Barnhart is still a .257/.331/.374 hitter across the past four seasons, and while the resulting 88 OPS+ is below average relative to the rest of the league, it checks in a bit better than that of the average catcher over that same span. He’d be a better replacement for Realmuto than the majority of the free-agent options remaining on the market, and with $10.25MM guaranteed to him over the next three seasons (plus a 2022 option), he’d be plenty affordable even for the low-spending Marlins. He’d also give Miami another potential trade piece should the team look to flip him quickly this offseason or perhaps this summer at the deadline.

J.T. Realmuto Trade Talks “Gaining Momentum”

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TODAY: The Marlins aren’t allowing teams to discuss an extension with Realmuto, MLB.com’s Joe Frisaro reports (Twitter link).  This would certainly seem to be an obstacle for the Padres, given Morosi’s earlier news.  Beyond the Padres and Dodgers, Frisaro also lists the Rays, Reds, Braves, and Astros as suitors in the Realmuto sweepstakes, and it’s still “hard to handicap who has [the] inside edge” at this point.

FRIDAY: Trade talks between the Marlins and rival organizations regarding backstop J.T. Realmuto are “gaining momentum,” according to Jon Heyman of Fancred (via Twitter). In particular, he adds, the Padres and Dodgers are “believed most prominent” in the current stage of talks.

Those NL West rivals have long been rumored to be in the hunt for a player who established himself as the game’s best receiver in 2018. With two affordable seasons of control remaining, Realmuto is one of the top prizes of the offseason. That has led other teams — even some with established catchers — to enter the fray as well. At this point, it’s not at all clear that any of the previously rumored interested parties are out of the picture entirely. Frankly, there’s still little reason to believe that any given team is a favorite after months of still-unresolved chatter.

It is interesting, though, to see that report of momentum coincide with this additional, new bit of information: The Padres are not just interested in acquiring Realmuto’s final arbitration-eligible seasons. Rather, per MLB.com’s Jon Morosi (Twitter link), the San Diego organization is “insisting on [a] window to negotiate [a] contract extension” if they are to line up on a deal with the Marlins.

Structuring a deal in such a manner holds obvious appeal for the Padres, who surely do not fully expect to contend in 2019. And that could enable the Fish to maximize their return; no doubt, the Padres’ loaded farm includes quite a few players of interest, with San Diego backstops Austin Hedges and Francisco Mejia also representing sensible targets. But it also comes with some risk for the Miami organization. After all, a failure of the extension talks would mean re-opening trade negotiations, possibly with diminished leverage.

It’s worth bearing in mind, of course, that we’ve been waiting all winter for a Realmuto deal to come into focus. Perhaps it finally will — there isn’t much of a window left before camp opens, after all — but this certainly isn’t the first time we’ve been told of a build-up in talks. (See here and here.)

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