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Latest Details On Diamond Bankruptcy

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The Diamond Sports Group saga took another turn yesterday when the broadcasting company announced a restructuring agreement that’d see debt holders invest $450MM to keep the company afloat. As part of the deal, Amazon would receive streaming rights for the NBA, NHL and MLB teams for which Diamond currently holds those rights.

While there’s an agreement in place between Diamond and Amazon, it’s worth emphasizing that the plan can’t become official without approval from the bankruptcy court. That’ll take time as the court and Diamond’s creditors sort through the details.

Evan Drellich and Mike Vorkunov of the Athletic report that Amazon would pay $115MM, with an additional $50MM investment possible. While that’d entitle them to streaming rights for every NBA and NHL team that contracts with Diamond, it’s only applicable to five MLB teams. Diamond has streaming rights for the Royals, Tigers, Marlins, Brewers and Rays. Those clubs would still be broadcast on cable on Diamond’s Bally Sports networks, but in-market streaming access would move to Prime Video. MLB has opposed selling additional streaming rights to Diamond, but Alden González of ESPN reports that Amazon’s involvement is not conditional on further streaming acquisitions.

Until this week, it had seemed likely Diamond would abandon the regional sports network entirely after the 2024 MLB season. The agreement with Amazon represents a significant shift and leaves a few MLB teams in a state of continued uncertainty.

Diamond holds broadcasting deals with 11 MLB teams. The corporation’s attorney said yesterday that nine of those clubs — the Angels, Braves, Brewers, Cardinals, Marlins, Rays, Reds, Royals and Tigers — will be paid in full for the ’24 campaign (relayed by González). The company is seeking to renegotiate its deals with two others, the Guardians and Rangers, at lesser fees. It is also in discussions with the Twins, whose previous contract with Diamond expired at the end of last season — leaving them as something of a broadcasting free agent.

The Diamond attorney informed the court yesterday that the company has offered terms to each of the Cleveland, Texas and Minnesota organizations to continue broadcasting their games in 2024 (via The Athletic). He said the company expects answers from all three franchises by the start of February. A hearing scheduled for tomorrow morning has been postponed indefinitely so the sides can review the framework of the streaming deal, per Drellich and Vorkunov.

None of the Rangers, Guardians or Twins are obligated to accept reduced rights fees. If they decline, however, it seems likely Diamond will drop the Texas and Cleveland contracts and leave Minnesota without a deal. Diamond already showed a willingness to abandon unprofitable terms during the 2023 season, when it dropped agreements with the Padres and Diamondbacks.

That leaves Texas, Cleveland and Minnesota without a ton of leverage. Diamond’s attorney said one of the organizations (without specifying which) plans to negotiate a deal that would even extend beyond next season, as relayed by The Athletic.

The uncertainty has been reflected in those franchises’ activity, or lack thereof, in free agency. Minnesota declared they were cutting payroll at the start of the offseason. They allowed Sonny Gray and Kenta Maeda to depart and have thus far signed one free agent to a major league contract. That was a $950K guarantee for reliever Josh Staumont, who is rehabbing from thoracic outlet surgery.

Texas is coming off a World Series that’d normally spur a team to act aggressively in the offseason. Instead, GM Chris Young indicated they wouldn’t be as active as they’d been in previous winters. The Rangers have signed a few free agents — most notably a two-year, $22MM pact for Tyler Mahle — but they haven’t splurged at the top of the class. The broadcasting situation is commonly cited as a reason they haven’t brought back Jordan Montgomery, who remains on the open market.

Cleveland is never a big spender, so the lack of activity on their end is characteristic. Still, the club is seemingly operating with limited flexibility. They’ve taken on some salary in the Scott Barlow trade and signed Austin Hedges to a $4MM free agent deal.

Whether all those teams can reach a new contract with Diamond should become clear in the next few weeks. Even if they stay on the networks for next season (and potentially beyond), it’d come with some kind of hit to their revenues. Paul Hoynes of Cleveland.com reported the Guardians made $55MM in local rights fees last season. It was a similar amount for Minnesota, whom Phil Miller of the Minneapolis Star-Tribune reports received $54MM in 2023. Evan Grant of the Dallas Morning News wrote yesterday the Rangers’ deal has paid around $111MM annually.

If any of those teams don’t reach an agreement, they’d join a trio of clubs likely to operate without an RSN deal this year. MLB stepped in to handle in-market broadcasting for Arizona and San Diego last season. While MLB subsidized a portion of the D-Backs and Padres deals last season, commissioner Rob Manfred has made clear they won’t do so next season. Allowing MLB to handle the broadcasts would likely be less profitable for the teams than if they land a new deal with Diamond.

It seems MLB is also going to handle broadcasts for the Rockies, whose contract was dropped by AT&T SportsNet Rocky Mountain at the end of 2023. Patrick Saunders of the Denver Post reported this month that MLB is expected to stream Colorado games in-market on its MLB.tv platform, as it is doing with the D-Backs and Padres. The Rockies made roughly $57MM off their broadcasting deal a year ago, Saunders adds.

Twins, Hobie Harris Agree To Minor League Deal

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The Twins and right-hander Hobie Harris have agreed to a minor league deal, per MLB Transactions Daily on Instagram. The Gaeta Sports Management client will make a salary of $750K if he cracks the major league roster.

Harris, 31 in June, made his major league debut in 2023 after almost a decade grinding away in the minor leagues. He was originally drafted by the Yankees in 2015 and finally made it to the show with the Nationals last year. He tossed 19 1/3 innings over 16 appearances with a 5.12 earned run average. His 9.9% strikeout rate and 14.4% walk rate were both well worse than league averages.

In addition to that major league work, he also tossed 32 1/3 innings at the Triple-A level. Despite a 5.57 ERA there, his peripherals were better than in the majors, but still subpar. He struck out 15.2% of Triple-A hitters on the year while walking 12%. The Nationals outrighted him off the roster at season’s end and he elected free agency.

Harris is not too far removed from some pretty strong showings at the minor league level. With the Jays in 2021 and Brewers in 2022, he tossed a combined 96 2/3 Triple-A innings with a 2.89 ERA and 27.4% strikeout rate, though the walks were still high at 12.6%.

The Twins will bring him aboard as some non-roster depth and see if he can get back into that form he showed prior to 2023. If he’s able to get onto their roster at any point, he still has a couple of option years remaining. The club lost relievers like Emilio Pagán and Dylan Floro to free agency and is now facing a budget crunch this winter due to uncertainty in their broadcast situation. The major league minimum salary is set to be $740K next year and Harris will barely be above that if he has his contract is selected at any point.

Harris is currently second all-time in wins above replacements among Hobies, with both Baseball Reference and FanGraphs having Hobie Landrith slightly ahead.

Latest On Diamond Sports Group Bankruptcy

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Major League Baseball and Diamond Sports Group are continuing discussions about the broadcasting conglomerate’s ongoing bankruptcy. A hearing initially scheduled for Wednesday morning was delayed to Friday, January 19, according to Evan Drellich of the Athletic.

That suggests MLB and representatives for Diamond feel there’s still something to be gained from talks. At the same time, it moves ever closer towards Opening Day without a firm resolution for teams whose local broadcasting deals run through the Bally Sports networks.

As recently as last season, Diamond’s Bally Sports RSNs carried in-market broadcasts for 14 teams. The struggling corporation dropped its contracts with the Padres and Diamondbacks midseason, leading MLB to take over local broadcasts for those franchises. Bally’s contract with the Twins ran its course at the end of the 2023 season.

That presently leaves 11 teams* who have deals with Diamond for in-market broadcasting in 2024. However, Diamond has suggested it could abandon its contracts with the Guardians and Rangers this offseason unless the terms of those deals are renegotiated. Meanwhile, Drellich reports that Diamond and MLB are in discussions about a possible contract to carry Twins’ games for another season.

It is unclear if Diamond will operate in any capacity after the ’24 campaign. The Wall Street Journal reported last month the company was in discussions with Amazon about potentially selling streaming rights for a short-term influx of cash that could help keep Diamond afloat.

However, Diamond only holds streaming rights for five of the 11 teams with which it has a TV deal. MLB has been reluctant to provide further streaming opportunities. The New York Post’s Josh Kosman reported on Monday that MLB shot down discussions between Diamond and Amazon — potentially with an eye towards negotiating a separate streaming deal with Amazon directly.

* Those clubs are the Angels, Braves, Brewers, Cardinals, Guardians, Marlins, Rangers, Rays, Reds, Royals, and Tigers.

Billy Gardner Passes Away

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Former MLB infielder and manager Billy Gardner passed away last week at age 96, according to the Hall of Fame (X link). An obituary is available courtesy of The Day in Gardner’s hometown of New London, Connecticut.

Gardner, who was born in 1927, signed with the then-New York Giants out of high school. He played in their minor league ranks for almost a decade before reaching the majors in 1954. The right-handed hitter played sporadically at the MLB level from 1954-55, appearing in 121 games. He won a ring as a rookie when the Giants swept the Indians in the 1954 Fall Classic, although he didn’t make an appearance in the series. In April ’56, New York sold his contract to the Orioles. Gardner immediately stepped in as Baltimore’s starting second baseman.

He would have his greatest success as a player over the next four seasons. In 1957, Gardner led the American League in plate appearances (718) and doubles (36). While his overall .262/.325/.356 batting line was a little worse than league average, his durability and defensive reputation earned him some down-ballot MVP votes. Gardner continued to play regularly in Baltimore through 1959. The O’s flipped him across town to the Washington Senators in 1960. Gardner tallied 649 plate appearances with a .257/.313/.363 slash.

That wound up being the franchise’s final season in D.C. During the 1960-61 offseason, the organization uprooted to Minnesota and rebranded as the Twins. Gardner was briefly part of the original Twins team and was traded to the Yankees for lefty Danny McDevitt midseason. It proved a fruitful trade for him personally, as he finished the year in the Bronx and collected a second World Series title. He made one appearance in what would ultimately be a five-game triumph over the Reds.

Gardner closed his playing career in Boston after being traded yet again. He finished with a .237/.292/.327 line over parts of 10 MLB seasons. He hit 41 homers and 159 doubles in a bit under 3900 trips to the plate. Gardner played more than 8000 innings on defense, with the vast majority of that time coming at the keystone.

The end of his playing days didn’t mark the finale of his baseball career. Gardner transitioned to coaching with the Red Sox after his playing career concluded. He worked his way to an MLB staff with the Expos before rejoining the Twins as a coach in 1981.

Within a couple months, he was tabbed as manager to replace Johnny Goryl. Gardner held the managerial role in Minneapolis for parts of five seasons. The team only got to .500 once (an 81-81 record in 1984) and he was dismissed midway through the ’85 campaign. He got one more managerial opportunity, leading the 1987 Royals to a 62-64 mark before being replaced by John Wathan. His teams finished with a 330-417 record (44.2% win percentage).

MLBTR sends our condolences to Gardner’s family, friends and loved ones.

Angels, Padres, Pirates Interested In Michael A. Taylor

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Free agent center fielder Michael A. Taylor is drawing interest from the Angels, Padres and Pirates, reports Robert Murray of FanSided. Murray adds that the Halos are also considering Adam Duvall as a free agent outfield target.

Taylor should have the broader market of the two veterans. His ability to play an excellent center field makes him a strong fit on a number of teams. He could operate as a glove-first regular for clubs without a strong in-house option in center or serve as a high-end fourth outfield target for others. The Dodgers, Reds, Blue Jays, Red Sox and Mets have also been linked to Taylor earlier in the offseason. Toronto and New York subsequently signed Kevin Kiermaier and Harrison Bader, respectively, likely taking them out of the mix.

Boston acquired Tyler O’Neill as a right-handed hitter with the ability to play anywhere in the outfield. That could reduce their urgency on Taylor, but Murray suggests they’re still involved. He adds that a return to the Twins, with whom Taylor spent the 2023 campaign, also remains a possibility.

For teams that aren’t going to entertain a run at Cody Bellinger, Taylor is the top center fielder on the open market. He remains a high-end defender even as he enters his age-33 season. Taylor has been a below-average hitter for the bulk of his career, but he’s coming off one of his better offensive showings. He popped a career-best 21 home runs in just 388 plate appearances. Taylor still struck out in more than a third of his plate appearances and hit .220 with a meager .278 on-base percentage. Yet the defense and the ability to run into 15-20 homers while hitting in the bottom third of a lineup makes him a serviceable regular.

The Angels have a projected outfield of Taylor Ward, Mike Trout and Mickey Moniak. Ward missed the final couple months of last year after sustaining facial fractures on a frightening hit-by-pitch. Trout hasn’t reached 120 games or 500 plate appearances in a season since 2019 because of various injuries. Moniak posted solid bottom line results last year, hitting .280/.307/.495 through 323 plate appearances. However, that came with a 35% strikeout rate and a 2% walk percentage that are even worse than Taylor’s career baselines.

Moniak is a clear regression candidate who is better suited in a fourth outfield capacity. Even if the Halos are optimistic about his ability to produce against right-handed pitching, the former #1 overall pick has a .172/.200/.230 slash in 91 career plate appearances versus lefties. The righty-hitting Taylor has been better against southpaws than against right-handed pitching, as one would expect. Since the start of 2020, he’s a .257/.317/.455 hitter with the platoon advantage.

Duvall also hits from the right side. While he has had reverse platoon splits in recent years, he’s a better overall offensive player than either Moniak or Taylor — albeit with a similar low-OBP, power profile. He hit 21 homers in 353 plate appearances for the Red Sox last season, running a .247/.303/.531 slash. Duvall can play some center field but is better suited for a corner spot entering his age-35 season.

As for the other clubs recently linked to Taylor, each of Pittsburgh, San Diego and Minnesota are viable fits. The Padres need to bring in multiple outfielders after trading Juan Soto and Trent Grisham. They’d seemingly prefer to keep Fernando Tatis Jr. in right field rather than moving him up the middle. José Azocar (a career .249/.292/.341 hitter) and prospect Jakob Marsee are the top internal options in a center field position that requires an outside pickup.

Minnesota leaned heavily on Taylor last year as knee injuries kept Byron Buxton to designated hitter. While the Twins have expressed hope that Buxton could handle outfield work again in 2024, they can’t count on him to make 120+ starts at the position.

The Pirates could turn center field back to Jack Suwinski, although public metrics were mixed on his defensive performance. Bryan Reynolds can handle center on occasions but fits best in left. Right field is a question mark, with trade pickup Edward Olivares likely battling Joshua Palacios for work. Andrew McCutchen will see the majority of his time at designated hitter while rotating through the corners. Signing Taylor could allow the Bucs to kick Suwinski to right field and boast a strong defensive outfield.

Kiermaier and Bader each signed one-year pacts worth $10.5MM. Taylor could be in line for something similar, although it wouldn’t be a surprise if he landed a two-year deal at a lower annual value but a slightly better overall guarantee.

Twins Claim Ryan Jensen From Marlins

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The Twins announced that they have claimed right-hander Ryan Jensen from the Marlins. The latter club designated him for assignment two weeks ago. DFA limbo normally only lasts a week but the clock is paused for the week from Christmas to New Year’s Day. Minnesota’s 40-man roster count is now at 38.

Jensen, 26, now joins his fourth organization, though he still hasn’t made his major league debut. He was drafted by the Cubs with a first-round pick, 27th overall, in 2019. As he climbed the minor league ladder, he posted some mediocre results, largely due to control issues. The Cubs nonetheless added him to their 40-man roster in November of 2022 to keep him out of the Rule 5 draft. His struggles continued in 2023, which put him into the waiver carousel. Between August and today, he has gone to the Mariners, Marlins and now Twins via waiver claims from each club.

He was moved from the rotation to the bullpen this year, which didn’t lead to immediate results. He started the year in the Double-A rotation in the Cubs’ system, got moved to the bullpen and then bumped up to Triple-A. He posted an earned run average of 5.06 at that level between the Cubs and Mariners, walking 20.1% of batters faced in the process. He has walked 14.5% of batters faced in his minor league career overall.

For the Twins, they had a few open roster spots and will take a flier on the former first-round pick to see if they can help him harness his stuff. Despite the free passes, he’s also struck out a strong 25.9% of batters faced in his minor league career overall. He still has a couple of options remaining and can be kept in the minors until he shows some progress.

Looking For A Match In A Jorge Polanco Trade

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The Twins saw a variety of youngsters take significant steps forward in 2023 en route to their first victory in a postseason series since 2002, and perhaps none of those were more impactful than the breakouts of Royce Lewis and Edouard Julien. Long a top prospect whose career had been stalled by injuries, Lewis burst onto the scene in 2023 and slashed an incredible .309/.372/.548 with 15 homers and six stolen bases in just 239 trips to the plate last season while playing excellent defense at third base. Julien, by contrast, lacked Lewis’s prospect pedigree but put together perhaps an even more impressive rookie campaign. The 24-year-old slashed .263/.381/.459 in 408 trips to the plate as the club’s primary second baseman in 2023, with an incredible 15.7% walk rate that only Aaron Judge, Cavan Biggio, Joc Pederson, and Juan Soto managed to eclipse among rookie hitters (min. 400 PA) in the 21st century.

The incredible performances from both Lewis and Julien leave the Twins set up for success around in the infield for years to come, particularly if Carlos Correa manages to regain his All Star form and top prospect Brooks Lee is able to find similar success when he reaches the big leagues, which could happen as soon as 2024. This excess of infield talent has left longtime second baseman Jorge Polanco to face a great deal of uncertainty this offseason. The Twins haven’t been shy about their plans to cut payroll this offseason, and with each of Sonny Gray, Kenta Maeda, and Tyler Mahle having signed elsewhere this offseason after departing for free agency last month, the club is facing uncertanity in the rotation.

As such, dealing away the club’s longest-tenured player could allow Minnesota to leverage an area of considerable depth to fill out its pitching staff, while also saving $10.5MM in salary next season that could potentially be used to acquire even more pitching. That logic convinced MLBTR readers that Polanco should be dealt according to a poll back in October, where more than 56% voted in favor of the Twins dealing Polanco.

Given the clear incentives for the Twins to at least consider a Polanco trade, it’s hardly a surprise that the 30-year-old has garnered trade interest as recently as earlier this month from rival clubs. Even as the longtime infielder appears to be on the verge of getting squeezed out of the Twins’ infield mix, Polanco is still a quality everyday player. While he was limited to just 80 games this past season due to injuries, the switch-hitter nonetheless slashed a solid .255/.335/.454 (118 wRC+) while splitting time between second base, third base, and DH in 2023.  That line is consistent with the numbers Polanco has posted throughout his time as an everyday player in the majors. Since he broke out as an above-average regular back in 2019, the infielder has slashed .267/.337/.458 with a wRC+ of 117. That’s good for ninth among qualified second baseman during that time span, just ahead of household names such as Gleyber Torres and Ozzie Albies.

While Polanco doesn’t generate much value with his glove, typically earning below-average marks by Outs Above Average and roughly average marks by Defensive Runs Saved, he makes up for it with his consistent, above-average offense and would be a clear upgrade for virtually any team in need of infield help ahead of the 2024 season. Further adding to Polanco’s value is his relatively affordable contract situation. As previously mentioned, Polanco is due just $10.5MM in 2024, an amount the majority of buying clubs should be able to stomach without much issue. What’s more, Polanco is not a pure rental thanks to a $12MM club option for 2024 that carries a fairly modest buyout of $750K.

Taken together, Polanco’s switch-hitting bat, offensive consistency, and affordable team control are surely an enticing package to plenty of clubs, even in spite of Polanco’s recent injury history and lackluster defense. With that said, which teams are the best fits for his services? The Angels, Astros, Braves, Cardinals, Diamondbacks, Dodgers, Guardians, Orioles, Padres, Phillies, Rangers, Rays, Reds, Red Sox, and Yankees all appear more or less set around the infield, while the A’s, Nationals, Rockies, Tigers, and White Sox all appear unlikely to spend significant money and prospect capital on a short-term infield solution. That still leaves nine teams as viable fits for Polanco’s services, however. Let’s take a look at how they match up…

Best Fits:

  • Blue Jays: The Jays have a clear need around the infield after losing Whit Merrifield and Matt Chapman to free agency, even after adding Isiah Kiner-Falefa. The club also recently lost their primary source of left-handed offense due to the departure of Brandon Belt. Polanco could help alleviate both of those issues as a switch-hitter who could add some pop to the lineup from the left side while slotting in as the club’s everyday second baseman, with the likes of Davis Schneider, Ernie Clement, and Santiago Espinal left to compete for the third base job alongside Kiner-Falefa. Meanwhile, mercurial right-hander Alek Manoah could surely entice the Twins as a potential return given his significant upside and the ability of depth starter Louie Varland to step into the rotation should Manoah struggle to regain the form he showed in 2022, when he was a finalist for the AL Cy Young award.
  • Cubs: Few teams got worse production from their third base corps in 2023 than the Cubs, who needed to plug the hole by trading for Jeimer Candelario at the trade deadline last summer. With Candelario now suiting up for Cincinnati, the Cubs are once again left with a hole at third base and a dearth of left-handed pop in their lineup. The addition of Polanco could address both of those concerns; while the veteran infielder has primarily played second base during his career, he looked decent at the position when covering for Royce Lewis this past season and the Cubs had little issue converting Nick Madrigal from the keystone to the hot corner last spring. In exchange for Polanco’s services, the Cubs could dangle a young pitching prospect such as Hayden Wesneski or Ben Brown, both of whom have found themselves in the rumor mill this offseason.
  • Mariners: After shipping Eugenio Suarez to Arizona earlier in the winter, the Mariners have plenty of room to improve upon their infield mix. Josh Rojas and Luis Urias are currently slated for everyday roles at second and third base, though the pair are likely better served platooning with each other. That opens the door for another infield addition, and Polanco could fit the bill as an everyday player at either position. While the switch-hitter is unlikely to net the Twins a young starter like Bryan Woo or Bryce Miller in trade (at least by himself), it’s possible a deal could come together centered around a less proven arm like Emerson Hancock.

Next Tier Down:

  • Brewers: The Brewers have as significant of needs around the infield as any team, with little certainty anywhere outside of Willy Adames. Brice Turang and Andruw Monasterio appear to be the club’s current best options at second and third base respectively, but adding Polanco would give a significant boost to the club’s offense while taking pressure off the aforementioned pair of youngsters. While Milwaukee is as good of a fit as any club for Polanco’s services, the recent departures of Brandon Woodruff and Adrian Houser leave the Brewers seemingly unlikely to further weaken their rotation depth by trading a starter to Minnesota. Meanwhile, the club’s many outfielders likely hold little appeal for the Twins, who have a deep outfield mix of their own already.
  • Giants: The Giants, at least on paper, have a fairly solid infield mix that includes J.D. Davis, Thairo Estrada, and Wilmer Flores. With that being said, the club has been connected to free agency’s top infielder in Matt Chapman this winter, and Polanco could be a reasonable fallback option for San Francisco to improve their offensive production on the infield dirt should they fail to land Chapman. The club also has a handful of interesting young pitchers like Tristan Beck who they could consider dealing, though the club is seemingly hoping to land a player with more star power than Polanco provides this winter.
  • Marlins: The Marlins are seemingly perpetually interested in acquiring hitting reinforcements by leveraging their deep group of pitchers, and it appears this offseason is no different as the likes of Edward Cabrera, Jesus Luzardo, and Trevor Rogers have all found their names in the rumor mill. What’s more, the sides got together on just this sort of deal last offseason, when the Twins landed Pablo Lopez in exchange for Luis Arraez. Polanco would be something of a tricky positional fit for the Miami, though they could conceivably move Josh Bell to DH and shift Arraez back to first, opening up second base for Polanco.

Longer Shots:

  • Mets: The Mets appeared to be content with their infield mix as recently as earlier this month, when it appeared that Joey Wendle, Ronny Mauricio, Brett Baty, and Mark Vientos would compete for playing time at third base while Francisco Lindor, Jeff McNeil, and Pete Alonso remained at their usual positions. That all changed when Mauricio suffered a torn ACL while playing winter ball, throwing the club’s infield plans into chaos. Even so, the Mets and Twins are something of an imperfect fit as trade partners. While Polanco’s two years of team control seemingly fits New York’s current strategy of making short-term additions that won’t encumber the team in the long haul, Polanco doesn’t offer the quality glove Mauricio did and his switch-hitting bat is likely less attractive given the number of lefty-swinging infielders the Mets already have at their disposal.
  • Pirates: The Pirates evidently are looking to add a second baseman to their infield mix given their reported interest in a reunion with Adam Frazier, and the addition of Polanco would likely move the needle far more for the fourth-place club in 2024 should they hope to contend for the NL Central this season. The addition of Polanco would offer some veteran consistency to a young offense that dealt with extreme peaks and valleys throughout the 2023 campaign, and his 118 wRC+ last year would’ve been the best on Pittsburgh’s offense last year. With that being said, the Pirates still have a long way to go to catch up to the rest of the NL Central in 2024, and their rotation has even more question marks than Minnesota’s, rendering them unlikely to deal away a rotation piece like the Twins figure to seek.
  • Royals: Trades within a division are exceptionally rare, particularly when both clubs are seemingly hoping to contend in the coming season. With that being said, there’s at least an on-paper fit between the Royals and Twins for a Polanco deal. Kansas City needs offense even after adding Hunter Renfroe in free agency earlier this month, and Polanco would represent a massive upgrade over Michael Massey at the keystone. Meanwhile, the Royals could offer a package centered around a young arm like Kris Bubic or Alec Marsh who may be squeezed out of the club’s rotation mix by the recent additions of Seth Lugo and Michael Wacha. It’s also worth noting that Kansas City and Minnesota got together on a notable trade as recently as last offseason, when the Royals sent Michael A. Taylor to the Twins in exchange for a pair of relief prospects.

Managers & Top Front Office Executives On Expiring Contracts

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On paper, a longer contract equals a larger amount of job security.  And yet every year, we seem to be adding a longer list of caveats to this annual post detailing which managers and front office bosses (a GM, president of baseball operations, chief baseball officer, or whatever the title may be) are entering the final guaranteed year of their contracts.

First off, this list is somewhat speculative — some teams don’t publicly announce the terms of employee contracts, nor are details always leaked to reporters.  It is entirely possible some of the names listed have already quietly agreed to new deals, or were already contracted beyond 2024.  Secondly, obviously a contract only carries so much weight if a team drastically underperforms, and if ownership feels a change is needed in the dugout or in the front office.  Or, ownership might still desire a change even if the team is doing well on the field, i.e. the Marlins parting ways with Kim Ng after a wild card berth last season.

Craig Counsell’s five-year, $40MM deal to become the Cubs’ new manager also provides an interesting wrinkle to the managerial market.  With Counsell’s contract setting a new modern benchmark for managerial salaries, some of the more established skippers on this list will surely be looking to match or top Counsell’s deal.  These managers might choose (as Counsell did) to finish the year without signing a new contract and then test the open market, since you never know when a mystery team like the Cubs might swoop in to top the field.

As always, thanks to Cot’s Baseball Contracts for reference information on some of these contract terms.

Angels: The Halos have had eight consecutive losing seasons, including the first three years of Perry Minasian’s stint as general manager.  Minasian now faces the challenge of trying to break this losing streak without Shohei Ohtani on the roster, and even before Ohtani joined the Dodgers, Minasian was clear that the Angels weren’t going to be rebuilding.  This tracks with the overall aggressive nature of owner Arte Moreno, yet this approach has also manifested itself in five non-interim GMs running the Angels since Moreno bought the team in 2003.  As Minasian enters the last year of his contract, it will take at least a winning season to keep Moreno from making yet another front office change.

Athletics: There hasn’t been any word about an extension for general manger David Forst, even though Forst’s last deal purportedly expired after the 2023 season.  It can therefore probably be assumed that Forst inked a new deal at some point, as it has appeared to be business as usual for the longtime Oakland executive this winter (or as “usual” as business can be given the Athletics’ bare-bones rebuild and the unusual nature of the team’s impending move to Las Vegas).  Manager Mark Kotsay would’ve been entering the final guaranteed year of his original deal with the A’s, except the team exercised their club option on Kotsay through the 2025 season.

Braves: Alex Anthopoulos is entering the last season of his three-year extension as Atlanta’s president of baseball operations, and one would imagine that ownership will aim to lock Anthopoulos up to another deal as soon as possible.  The Braves have won six straight NL East titles and the 2021 World Series championship during Anthopoulos’ six seasons with the organization, and look to be contenders for years to come thanks to the core of star players under long-term deals.  Anthopoulos would seemingly be eager to stay in Atlanta for this same reason, though if he did choose to play out the year and test the market, he would undoubtedly command a lot of interest from teams looking for a new chief executive.

Cardinals: For just the third time in the last century, a Cardinals team lost 91 or more games.  This unexpected interruption in the Cards’ run of success has naturally put a lot of heat on Oliver Marmol, who is entering the final season of his three-year contract.  Unsurprisingly, the team had yet to have any extension talks with Marmol as of early December, and it remains to be seen if Marmol will get even one extra year of security.  With such franchise stalwarts as Yadier Molina or Joe McEwing perhaps waiting in the wings as managers of the future, Marmol will surely need a quick start and at least a winning record in 2024 to retain his job.

Guardians: Chris Antonetti’s contract details haven’t been publicly known for more than a decade, yet there isn’t any sense that the longtime executive will be leaving Ohio any time soon.  Antonetti has been part of Cleveland’s front office since 1999, and he has been running the baseball ops department (first as GM and then as president of baseball operations) since 2010.  While the Guardians stumbled to a 76-86 record last year, Antonetti has a long track record of building contending teams on low payrolls, and he’ll now embark on a new era with Stephen Vogt replacing Terry Francona as the Guards’ manager.

Mariners: Another somewhat speculative situation, as while president of baseball operations Jerry Dipoto and manager Scott Servais signed extensions in September 2021, the exact length of those extensions wasn’t reported.  It is probably fair to assume both men are signed beyond 2024, though Servais’ previous two deals were three-year contracts, and 2024 would be his final guaranteed year if the skipper’s latest contract was also a three-year pact.

Orioles: Baltimore is particularly mum about the details of any employee contracts, as GM Mike Elias’ contract terms have never been publicized since he took over the club in November 2018.  Manager Brandon Hyde has already signed one extension that flew under the radar, and that deal has apparently stretched beyond the 2023 season, as there hasn’t been any suggestion that Hyde won’t return to the AL East champions.  In either case, Elias and Hyde won’t seem to have any worries about job security given how the Orioles won 101 games last year, and might be budding powerhouses for the next decade given the amount of young talent on the roster and in the minor league pipeline.

Pirates: Ben Cherington is entering his fifth season as Pittsburgh’s general manager, and terms of his original deal weren’t reported.  With the Bucs perhaps starting to turn the corner after their long rebuild, there wouldn’t appear to be any reason for ownership to move on from Cherington, if he hasn’t already been quietly signed to a new deal.  The Pirates already extended manager Derek Shelton back in April, in another hint that ownership is satisfied with the team’s direction.

Rays: Kevin Cash’s last extension was a lengthy six-year deal covering the 2019-24 seasons, with a club option for 2025.  It seems like a lock that the Rays will at least exercise that club option and seek out another multi-year deal, and Cash has a good case to argue for a Counsell-esque contract.  Widely considered one of baseball’s best managers, Cash is 739-617 over his nine seasons in Tampa Bay and has led the team to five consecutive postseason berths.

Red Sox: Alex Cora is entering the final year of his contract, and the Red Sox are coming off a pair of last-place finishes in the AL East.  Despite these results, the blame seems to have been placed on now-fired chief baseball officer Chaim Bloom, as there hasn’t been much indication that ownership is dissatisfied with Cora’s performance as manager.  Since Cora has hinted that he might like to run a front office himself in the future, it will be interesting to monitor if he might pursue those ambitions as soon as next offseason, or if he might sign a new extension with the Red Sox as manager, or if Cora could perhaps let the season play out and then accept bids from several suitors outside of Boston.

Rockies: In each of the last two Februarys, Bud Black has signed a one-year extension to tack an extra year onto his run as Colorado’s manager.  It wouldn’t be surprising to see Black do the same this spring, as past reports have indicated that Black and the Rockies are working on an unofficial roll-over arrangement with the manager’s contract status.  As loyal as owner Dick Monfort is known to be with his employees, however, one wonders if the Rockies’ 103-loss season in 2023 (or their five straight losing seasons) might lead to questions about Black’s future, even if the team’s roster construction or their boatload of pitching injuries last year can’t be blamed on Black.  For what it’s worth, the terms of GM Bill Schmidt’s deal weren’t publicized when Schmidt was promoted to the full-time position after the 2021 season, though Schmidt isn’t thought to be in any danger of being replaced.

Twins: Chief baseball officer Derek Falvey and GM Thad Levine are both apparently entering the final year of their contracts, though Minnesota has been known to be somewhat quiet about employee contracts (such as manager Rocco Baldelli’s last extension).  The duo known as “Falvine” have been on the job for seven seasons, with something of an all-or-nothing track record of either losing seasons or playoff berths, and the Twins were on the upswing again with an AL Central title in 2023.  Assuming either exec hasn’t already signed an under-the-radar extension, the Twins would seemingly be eager to retain both Falvey and Levine, though either could explore options elsewhere for at least leverage purposes.  For Levine in particular, he could be looking to lead his own front office, after being a finalist for Boston’s CBO job this fall and previously getting some consideration for front office vacancies with the Rockies and Phillies in recent years.

Yankees: Perhaps no skipper in baseball faces more public pressure than Aaron Boone, given how a lot of Bronx fans were calling for his ouster even before the Yankees missed the playoffs and won only 82 games in 2023.  Boone is entering the last guaranteed year of his contract, and the Yankees have a club option on his services for 2025.  For as much loyalty as owner Hal Steinbrenner and GM Brian Cashman have shown to Boone, it is hard to imagine the manager would be retained if New York doesn’t at least make the postseason again, and another miss could also raise some new questions about Cashman’s status (though his deal runs through the 2026 season).

Twins Sign Josh Staumont

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8:51pm: Jon Becker of Roster Resource reports (on X) that Staumont is guaranteed $950K. The deal also contains undisclosed incentives, per Darren Wolfson of SKOR North (X link).

12:04pm: The Twins announced that right-hander Josh Staumont has been signed to a one-year deal, and the Athletic’s Dan Hayes (X link) reports that Staumont will earn slightly less than $1MM.  Staumont was projected to earn a $1.7MM arbitration salary this winter, but the Royals designated him for assignment in November and he elected free agency rather than an accept an outright assignment. Staumont is represented by Excel Sports Management.

The righty dominated Twins hitters to the tune of an 0.90 ERA over 20 career innings against Minnesota, so the Twins have seen plenty of Staumont over his five seasons in Kansas City.  The results were pretty good overall for Staumont in his first three seasons, as he posted a 2.93 ERA and 26.7% strikeout over 110 2/3 relief innings from 2019-21.  However, a 4.07 SIERA, .268 BABIP, and an 11.4% walk rate in that same stretch hinted that some regression was coming, and Staumont’s luck turned over the last two seasons.

Staumont has a 6.09 ERA over 57 2/3 innings since Opening Day 2023, with an ungainly 15.9% walk rate contributing to his issues.  Injuries played a role in both tough seasons, yet Staumont’s chief concern is now getting healthy after a thoracic outlet syndrome surgery last July.  The exact nature of Staumont’s TOS procedure isn’t known, and given how the treatment is still relatively new, there isn’t yet a lengthy track record of pitchers who returned from TOS surgeries to pitch effectively at the big league level.

Minnesota obviously felt good enough about Staumont’s recovery to give him a big league contract, and it could be a long-term play since Staumont is arbitration-controlled through the 2025 season.  If Staumont is able to recover and get back to his early-career form, he could be a very nice low-cost add for the Twins bullpen (and from an AL Central rival, no less).  The deal is also a nice late birthday present for Staumont, who just turned 30 last week.

The Twins haven’t done much beyond a few minor league signings this offseason, as the club may still be figuring how to balance both payroll cuts and a sturdy defense of its AL Central title.  A low-cost and low-risk signing like Staumont may not be a huge factor in Minnesota’s spending plans since adding inexpensive and potentially high-upside relief pitching is standard business for any team, yet naturally these are the types of deals that can pay particularly big dividends for lower-payroll teams.

Twins, Bally Sports North Discussing Deal For 2024

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  • The Twins have faced plenty of uncertainty regarding the future of their TV broadcasting situation this offseason, prompting the club to cut payroll even after the club won its first playoff game since 2004. Some clarity of the specifics of Minnesota’s situation could be on the horizon as we head into the new year, according to Phil Miller of the Star Tribune. Miller reports that the Twins have been in the midst of negotiations with Bally Sports North to televise the club’s games in 2024. Though the previous deal between the sides concluded after the 2023 campaign, Miller indicates that BSN has “strong and sincere interest” in a one-year arrangement with the Twins. If the Twins aren’t able to come together with BSN on a deal for 2024, Miller suggests that the club’s games would likely be distributed by MLB as the league did with the Padres and Diamondbacks in 2023.
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