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Offseason Outlook: Boston Red Sox

By | at October 23, 2023 10:59pm CDT

Uncertainty seems to be the running theme of the Red Sox right now. Though they have World Series championships not too far in the rear-view mirror, recent seasons have seen them cut payroll and wind up in a middle ground between a rebuilding club and a frontline contender. Chief baseball officer Chaim Bloom was recently fired and the search to find his replacement hasn’t yet shed light on which direction the franchise is heading.

Guaranteed Contracts

  • Rafael Devers, 3B: $313.5MM through 2033
  • Trevor Story, SS: $100MM through 2027 (includes buyout on 2028 club option; Story can opt-out after 2025 but club can negate that by picking up option)
  • Masataka Yoshida, OF: $72MM through 2027
  • Chris Sale, LHP: $27.5MM through 2024 (includes 2025 club option with no buyout)
  • Garrett Whitlock, RHP: $16.75MM through 2026 (includes buyout on 2027 club option; deal also has ’28 club option)
  • Kenley Jansen, RHP: $16MM through 2024
  • Justin Turner, IF: $13.4MM player option with $6.7MM buyout
  • Chris Martin, RHP: $7.5MM through 2024
  • Rob Refsnyder, OF: $1.85MM through 2024 (includes club option for 2025 with no buyout)

Option Decisions

2024 financial commitments (assuming no options are triggered): $129.1MM
Total future commitments (assuming no options are triggered): $555.1MM

Arbitration-Eligible Players (projections via MLBTR contributor Matt Swartz)

Non-tender candidates: Urías, McGuire

Free Agents

If there were an award for the least consistent club in the majors, the Red Sox would be in the running. In the past 20 years, they have four World Series championships, more than any other team. But they have also finished last in the American League East six times in that stretch, including each of the two most recent campaigns.

As mentioned up top, the recent skid cost Bloom his job, which means the first order of business is to figure out who makes the decisions now. Various high-profile names have taken themselves out of the running, such as Mike Hazen, Kim Ng, Jon Daniels, James Click, Michael Hill, Derek Falvey, Sam Fuld and Brandon Gomes. Most of those executives have other commitments that would make it hard for them to consider a move to Boston, but it’s also been suggested that the appeal of the job might not be very high.

The higher-ups in Boston have given very short leashes to their executives recently. Ben Cherington was put in charge in October of 2011 but was replaced as the club’s baseball decision maker by Dave Dombrowski in August of 2015, despite the fact that the club had won the World Series in 2013. Dombrowski was then dismissed in 2019, even though he also brought a title to Boston the year prior, getting replaced by Bloom. With Bloom now out the door as well, it’s been quite a while since anyone has even lasted five years, despite the club’s many successes. It has also been suggested that the new hire won’t have much autonomy, with Álex Cora seemingly entrenched as manager and several other important jobs already filled.

It would be understandable if the gig weren’t viewed by everyone as a dream job, but there are only 30 of these to go around and there is still plenty of interest. Gabe Kapler, Craig Breslow, Thad Levine, Neal Huntington, Eddie Romero and Paul Groopman have been publicly reported to have been interviewed and it’s possible there are others who have sat down for a chat without it being leaked.

Once a hire is made, there will perhaps be more clarity on how the franchise envisions itself moving forward. But regardless of who eventually gets chosen, they will undoubtedly face challenges in improving the club’s chances going forward. The American League East doesn’t have weak spots, with each of the Orioles, Rays and Blue Jays having made the playoffs in 2023. The Yankees were bit by the injury bug and finished fourth but they will certainly be aggressive in the hopes of putting this season behind them.

Whether a hire has been made by the start of the offseason, the front office will have some formalities to attend to. Both Corey Kluber and Joely Rodríguez are sure to have their options declined after injury-marred seasons in 2023. Justin Turner figures to opt out after another strong season at the plate. $13.4MM is a strong salary for a player his age but the $6.7MM buyout means he only needs to find another $6.7MM in free agency in order to break even. The Sox will miss his bat but will likely need the designated hitter spot for other guys.

How aggressive the Sox will be for 2024 is an open question and likely won’t be answered until the front office business is complete. According to Cot’s Baseball Contracts, the club’s payroll was one of the top five in the league for much of the century but they’ve dropped down since, settling at 12th place in 2023. Perhaps they will sign off on more spending after having reset their luxury tax status this year, but it also wouldn’t be a shock for a new exec to take a year to slow-play things and evaluate the franchise, an approach that is common.

When factoring in estimated arbitration salaries, Roster Resource pegs the club’s 2024 payroll around $167MM and their competitive balance tax figure at $187MM. Non-tendering depth infielder Luis Urías would knock those numbers down a few million, but the club isn’t too far from the $181MM payroll they had this year. They have a bit more room on the CBT side of things, with next year’s base threshold at $237MM, but it’s unclear if the club plans to spend up to or over that line.

The roster has its share of uncertainty, particularly on the pitching side of things. Chris Sale is coming off a somewhat encouraging season in 2023, as his 102 2/3 innings and 20 starts were more than he threw over 2020-2022 combined. But the results weren’t to his previous levels, with a 4.30 earned run average on the year. Perhaps he can fare better next year when he will be further from his injury struggles, but he will also turn 35 in March.

Nick Pivetta posted an ERA of 6.30 in his first eight starts and got bounced to the bullpen in May. He was able to get things back on track from there, with an ERA of 3.16 the rest of the way, finishing back in the rotation with a 4.04 ERA on the year overall. Brayan Bello made 13 appearances in 2022 but got a fuller audition in 2023, which resulted in some solid but not outstanding results. He registered a 4.24 ERA with a tepid 19.8% strikeout rate, though he limited walks and got heavy doses of ground balls.

Kutter Crawford had a 4.04 ERA this year with good peripherals, though it’s unclear if that’s sustainable since he’s never been a highly-touted prospect. Tanner Houck has shown some potential, but injuries have continually kept him in the range of 100-120 innings. The same is largely true for Garrett Whitlock, though he hasn’t even reached 100 frames since 2018.

Having six semi-plausible starting pitchers isn’t a terrible place to be in, but there isn’t much locked in, especially in the long-term. Sale is entering the final guaranteed year of his deal and Pivetta only has one arbitration season remaining. It wouldn’t be a shock to see the Sox add someone here, though it might not be a top-of-the-market name, depending on where they plan to set payroll. Pitchers like Blake Snell, Jordan Montgomery and Aaron Nola are destined for nine-figure contracts, but the Sox could perhaps set their sights on arms like Sonny Gray or old friend Eduardo Rodriguez. Beyond them are veteran bounceback candidates like Marcus Stroman, Jack Flaherty or Lucas Giolito.

The bullpen has a bit more clarity, with veterans Kenley Jansen and Chris Martin each having another year remaining on their respective deals. Josh Winckowski, John Schreiber and Brennan Bernardino have shown promise to varying degrees and should have the inside track for jobs on next year’s club. That still leaves plenty of room for a free agent addition, though any investment here could be on the modest side with Jansen and Martin already giving the club strong high-leverage options. On the other hand, if the new front office decides to make 2024 a sort of evaluation year, maybe Jansen or Martin find themselves on the trade block.

On the position player side of things, the catcher position is probably the most wide open. The Sox gave plenty of runway for Connor Wong and Reese McGuire in 2023, though neither of them took firm hold of the job. They each posted a matching wRC+ of 78 with so-so defensive grades. Wong was great with the running game but poor in terms of blocking and framing, whereas McGuire was generally middling across the board.

Investing in a veteran backstop and non-tendering McGuire would be sensible, though the free agent options aren’t terribly exciting. Mitch Garver and Tom Murphy have strong bats but generally struggle to stay healthy. Austin Hedges and Martín Maldonado have strong reputations as defenders and pitching staff leaders but they’re both poor hitters. Gary Sánchez is arguably the best of the bunch but his half season in San Diego was strong enough that he may have played himself into a two-year deal. The trade route could feature unproven options like Joey Bart or Iván Herrera.

The infield is half set, with Rafael Devers having third base spoken for. He will likely require a move to first base at some point since his defense isn’t strong at the hot corner, but his offense continues to be excellent and he’s under contract for another decade. Whenever it’s time to move over to first, it could be a bit tricky since Triston Casas seems to have established himself over there. He has 29 home runs in his first 159 major league games and has walked at a 14.9% clip, but his glovework isn’t strong either, perhaps leading him and Devers to someday co-exist via the designated hitter slot. But for the time being, it seems fair to expect them to stay on opposite corners.

The middle infield is far more up-in-the-air, with the investment in Trevor Story yet to pay dividends. He hit at a league-average level in 2022 and then required elbow surgery in the winter, not returning to the big leagues until August of 2023. The results were grim, as he struck out in 32.7% of his plate appearances and didn’t do much impact when he put the ball in play. His wRC+ of 48 was one of the 10 worst in the majors, minimum 160 plate appearances, with mostly catchers and bench players around him on that list. The club has little choice but to hope that Story gets back on track, given the four years left on his deal.

As for his double play partner, that’s also a question. The club has taken chances on a number of light-hitting utility guys of late, with the list including Urías, Yu Chang, Pablo Reyes, Hoy Park and Christian Arroyo. Of that group, only Reyes and Urías remain. The latter seems likely to be non-tendered after a rough season and Reyes is best suited for a bench/depth role. David Hamilton and Enmanuel Valdéz are present as optionable depth options.

The club could certainly pursue middle infield help but the options there aren’t great either. Whit Merrifield, Adam Frazier and Amed Rosario are arguably better second basemen than what the Sox currently have in-house, but each are coming off fairly unremarkable seasons.

In the outfield, Jarren Duran had a breakout season in 2023, with a .346 on-base percentage and 24 stolen bases. Even though his season was ended by toe surgery, he should be pencilled into the center field spot, at least as the strong side of a platoon. Alex Verdugo had another passable season, with offense around league average and strong defense. He figures to be in right field, though he also stands out as a possible trade candidate in his final arbitration season with a projected salary of $9.2MM. Masataka Yoshida showed some encouraging signs with his contact-heavy approach resulting in a 109 wRC+ in his first MLB season. The defense was poor, as was expected, though perhaps the Sox are comfortable using their small left field and the DH spot to diminish the effects of his glovework. Long-term, it’s not ideal to have three poor defenders battling for the DH position in Yoshida, Devers and Casas, but it’s semi-workable for now. Rob Refsnyder will be in the outfield mix as a short-side platoon guy.

Younger options could be pushing for time in that outfield mix this year, as each of Wilyer Abreu and Ceddanne Rafaela got into 28 big league games this year. Abreu fared better in those, but it’s too small of a sample to draw broad conclusions from. Roman Anthony is considered by some to be a Top 100 talent and has reached Double-A, perhaps putting a 2024 debut on the table. Miguel Bleis is also a highly-regarded prospect but is further away.

There may be glimmers of hope for the farm to help out at other positions as well, with catcher Kyle Teel having just been selected 14th overall in the most recent draft. Shortstop Marcelo Mayer is a consensus Top 100 guy and second baseman Nick Yorke has been on some of those lists as well. Each of those three got to Double-A in 2023 and won’t be too far from the majors.

Despite all the uncertainty, there are many things to like about this Boston club. They just went 78-84 in the toughest division in the league, with a run differential of -4. It would only take modest improvements to get them into contention for a playoff spot.

Perhaps a new hire would like to take a year to get more looks at young players like Duran, Rafaela, Abreu, Anthony, Teel, Mayer and Yorke. There’s plenty of money coming off the books after 2024, with Sale, Jansen, Martin, Pivetta and Verdugo all potential free agents. Maybe some of those guys end up getting moved this winter, freeing up roster space for younger guys. They need help at catcher and in the middle infield, but there aren’t obvious solutions available in free agency and the Sox have possible long-term solutions in the pipeline.

All things considered, the ship isn’t in terrible shape. But as of right now, it’s unclear who is steering it, which direction they’re going or how fast they’ll be allowed to head there. There’s plenty of fog on the horizon but perhaps things will clear up soon.

In conjunction with this post, Darragh McDonald held a Red Sox-centric chat on 10-24-23. Click here to read the transcript.

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2023-24 Offseason Outlook Boston Red Sox MLBTR Originals

Big Hype Prospects: Eder, Herz, Rincones, Montgomery, Schwartz

By | at October 23, 2023 12:10pm CDT

After another week of action, a spate of strikeouts has cost Jakob Marsee his spot atop the hitter leaderboards. James Triantos has slipped in above him. Top pitcher status is harder to judge. Braden Nett, Davis Daniel, Ricky Tiedemann, and Jackson Jobe all have a case.
Let’s see who else merits a look.

Five Big Hype Prospects

Jake Eder, 25, SP, CWS
(A/AA) 56.2 IP, 11.1 K/9, 5.7 BB/9, 6.99 ERA

A southpaw pitching prospect who was once as blue chip as they come, Eder hasn’t recovered well from Tommy John surgery. While his elbow is healthy, he’s lost velocity, movement, and command since his prospect peak. The White Sox dealt Jake Burger for Eder at the trade deadline and likely wish they could ctrl-z that decision. Following the swap, Eder coughed up an 11.42 ERA in five starts for the Sox Double-A affiliate.

On a positive note, Eder has a 3.24 ERA in 8.1 AFL innings – good for ninth-best in the league. He’s coughed up a pair of home runs to go with eight walks and 10 strikeouts. The book isn’t closed on Eder, but he needs to take an active role in writing the next chapter. The current chapter is titled TINSTAAPP.

DJ Herz, 22, SP/RP, WSH
(AA) 94.1 IP, 12.7 K/9, 5.4 BB/9, 4.01 ERA

Another southpaw traded at the deadline, Herz is widely seen as a future reliever due to a below-average fastball and breaking ball. His command is also poor. Where he stands out is his changeup. It’s a carrying pitch that should yield a Major League future. Herz continues to work as a starter in the AFL where he’s posted 18 strikeouts in 11 innings. Alas, his command woes (six walks) continue to limit his ability to pitch deep into outings. We await to see if his stuff plays up out of the bullpen.

Gabriel Rincones Jr., 22, OF, PHI
(A/A+) 533 PA, 15 HR, 32 SB, .248/.351/.427

A third-rounder in the 2022 draft, Rincones Jr. is best known for high-caliber exit velocities. He’s expected to wind up at first base due to suspect corner outfield defense and poor speed. Despite a lack of wheels, Rincones has shown aptitude on the bases – a trait that can sometimes portend a gamer’s mentality. His bat should carry him to the Majors without any major adjustments. At the very highest levels, he might prove too susceptible to breaking stuff. With players of this profile, breaking ball recognition is usually the difference between a big leaguer and a Quad-A guy. Rincones is among the top 10 AFL hitters with a .327/.462/.577 triple-slash.

Benny Montgomery, 21, OF, COL
(A+) 497 PA, 10 HR, 18 SB, .251/.336/.370

A former eighth-overall pick, Montgomery has seen his prospect status rapidly erode since draft day. Speed remains his best trait, though he also demonstrates above-average power. His contact is held back by funky mechanics. Most organizations – the Rockies among them – aren’t adept at developing players with a non-standard approach. They’re often left to sink or swim on their own. Encouragingly, Montgomery has cut down on his swinging strike rate at every level. He needs to continue that growth while doing something about the extreme 62.6 percent ground ball rate he posted this season. He also needs to improve his outfield defense where his double-plus speed helps him to recover from poor jumps and routes. He’s slashing .373/.468/.510 in the AFL, albeit with 17 strikeouts in 60 plate appearances.

JT Schwartz, 23, 1B, NYM
(AA) 277 PA, 4 HR, 4 SB, .302/.383/.437

Schwartz doesn’t have much of a shot with the Mets. He’s likely in the AFL to showcase him in front of other teams. He has the look of a future big leaguer – the sort who helps rebuilding teams trudge through another season. While Schwartz has the physical size to hit for power, his current approach is built around batting average and OBP. He’d draw more attention in the pre-Moneyball era. In 45 plate appearances, he has six doubles and two home runs along with a 1.011 OPS.

Three More

Liam Hicks, TEX (24): Hicks has low-key paced the league on the hitting side including a six-hit day. Despite the heady results, he’s not particularly impactful with the bat. His catching is of the third-string variety – he’s struggled to control the running game throughout his entire career. Other aspects of his defense draw critiques. Without an obvious position, Hicks looks like a ‘tweener whose plus discipline and contact rate could hide his shortcomings.

Kyle Manzardo, CLE (23): Manzardo, who we’ve already discussed ad nauseam in past episodes, leads the league with five home runs and 11 extra base hits. The power adjustment he showed upon joining the Guardians remains in evidence.

Oliver Dunn, PHI (26): A Rule 5-eligible second baseman, Dunn is making a case for consideration. He popped 21 home runs with 16 steals this summer while showing plus plate discipline. He’s strikeout-prone, but the power breakout renders that more forgivable. In 46 AFL plate appearances, he’s swiped nine bases to go with a 1.076 OPS, three doubles, three triples, and a dinger.

Did I miss a detail or nuance? DM me on Twitter @BaseballATeam to suggest corrections.

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Big Hype Prospects MLBTR Originals

MLBTR Poll: Andrew Heaney’s Opt-Out

By | at October 22, 2023 12:47pm CDT

The 2022-23 offseason saw several mid-tier free agents sign similar two-year contracts, each of which featured an opt-out after the 2023 campaign. Josh Bell and Michael Conforto‘s deals with the Guardians and Giants are two examples on the position player side of things, but the majority of these deals were offered to starting pitchers, such as Sean Manaea and Ross Stripling in San Francisco. Left-hander Drew Smyly and right-hander Seth Lugo also signed similar deals with the Cubs and Padres, respectively, that allowed them to return to the open market this offseason if they so chose.

Many of those option decisions are fairly clear-cut, but one decision stands out as particularly intriguing: that of Rangers lefty Andrew Heaney, who can opt-out of the final year of his contract to test the open market again. Heaney signed in Texas last offseason on the heels of a brilliant season with the Dodgers where he was limited to just 72 2/3 innings by injury. When on the field, however, Heaney was nothing short of excellent with a 3.10 ERA, 35.5% strikeout rate, and 3.75 FIP in 16 appearances, including 14 starts.

While Heaney managed to stay healthy in 2023, his results took a turn for the worse. His strikeout rate plummeted to 23.6% while his walk rate climbed from 6.1% last year to 9.4% this season. Those slips in Heaney’s peripheral numbers saw him post a 4.15 ERA that was just above league average (95 ERA-) with a 4.66 FIP that was a touch worse than league average (106 FIP-). That being said, Heaney made 34 appearances in 2023 with 28 starts, a noteworthy display of durability for a player who had cracked 130 innings of work in a season just once in his career entering 2023.

Though Heaney managed to post the second-highest innings total of his career this year, his 147 1/3 innings pitched this season fell just shy of the 150 inning threshold at which point his 2024 salary would have escalated from $13MM to $20MM. Had Heaney reached the 150-inning threshold to escalate his option, opting in would have been an easy choice after he guaranteed himself just $25MM last offseason despite strong results with the Dodgers.

That base $13MM figure, however, presents a more interesting conundrum. Looking at last year’s free agent class, 35 starting pitchers signed big league deals in free agency last offseason. Among them, 21 signed for $13MM or more, including players coming off similarly league average seasons like Manaea, Lugo, Jordan Lyles and Noah Syndergaard. Like Lugo, Heaney would be entering free agency ahead of his age-33 season, while Syndergaard entered the open market with a similarly checkered injury history. Syndergaard received a one-year, $13MM deal from the Dodgers last offseason, while Lugo’s two-year pact guaranteed him $15MM.

Ultimately, it seems very reasonable to expect Heaney to be able to exceed his 2024 salary with the Rangers on the open market in terms of total guarantee on a multi-year pact, though it seems somewhat unlikely that he’d be able to garner that much in terms of AAV without accepting another short-term deal like the one he signed last offseason. If Heaney simply opts in, he could return to the Rangers and hope for another healthy season with stronger results in 2024, setting him up for a much more substantial payday next offseason. On the other hand, if Heaney’s health fails him again as it has in seasons’ past, he could find a much less robust market for his services next offseason as he could potentially be marketing his age-34 campaign coming off another injury-marred season.

Where do MLBTR readers land on the matter? If you were in Heaney’s shoes, would you opt in to the final year of the deal in Texas in hopes of a stronger platform season next year? Or would you return to the open market in search of a larger total guarantee? Have your say in the poll below.

(poll link for app users)

Should Andrew Heaney Opt Out Of His Contract This Offseason?

  • No, remain with the Rangers in hopes of a stronger platform season in 2024. 62% (2,146)
  • Yes, forgo the $13MM salary in search of a higher guarantee. 38% (1,290)

Total votes: 3,436

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MLBTR Originals MLBTR Polls Texas Rangers

Trade Candidate: Harold Ramirez

By | at October 21, 2023 10:55pm CDT

As is frequently the case for the Rays this time of year, the club has a sizable class of arbitration-eligible players to sort through this offseason: with 16 players eligible for arbitration this winter, only the Yankees have more. MLBTR’s Matt Swartz projects that group of players to cost a combined $46.3MM in 2024 if all 16 of them are retained. That could prove to be an untenable situation for the Rays, as RosterResource estimates the club’s projected 2024 payroll to be $130MM, an increase of more than $50MM over this year’s $79MM budget.

While the club has recently indicated that it would be open to increasing payroll next season, it’s unclear to what level an increase would be. Even a substantial increase in payroll could leave the club looking to shave $20MM or more off of its payroll, to say nothing of any potential external additions the club could look into making as they aim to build on a 99-win season in 2024. Given these realities, it seems likely that the Rays will at least shop around some of the players from their deep pool of arbitration-level talent this offseason.

Of Tampa’s group of arbitration talent, just four players are projected to make more than $3MM next year: infielder Isaac Paredes, who is still just 24 years old and enjoyed a breakout season in 2023; right-hander Aaron Civale, the steady mid-rotation arm the club dealt top first base prospect Kyle Manzardo to acquire this past summer; outfielder Randy Arozarena, a face of the franchise and former Rookie of the Year who made his first All Star appearance in 2023; and Harold Ramirez, a right-handed slugger the club acquired in a minor deal with the Cubs prior to the 2022 season who splits time between DH, first base, and the outfield corners.

Among that group of four, it seems wildly unlikely that the club would deal Civale after winning the bidding for his services just three months ago. Given his youth, positional versatility, and strong 2023 campaign, it seems more likely that the club would rather retain Paredes as a member of the club’s core rather than trade him away just as he enters his prime years.

While Arozarena may be the most expensive of the group by far with a $9MM projected salary in 2024, the 28-year-old outfielder is under team control through the end of the 2026 season and provides consistency to the Rays lineup. He’s made at least 600 trips to the plate, with a wRC+ of 120 or better, 20 home runs or more, and 20 stolen bases or more in each of the past three seasons. That consistency, power and speed makes Arozarena a key piece for the Rays going forward, to say nothing of his status as one of the most recognizable players on the team.

That leaves Ramirez, who has contributed to the Rays in a big way over the past two seasons. In 869 trips to the plate with the club over the past two seasons, Ramirez has slashed an impressive .306/.348/.432 with a 17.4% strikeout rate, good for a wRC+ of 123. Good as that production is, it’s worth noting Ramirez carries a hefty platoon split; while he was roughly league average against right-handers with a .281/.329/.420 slash line in 310 trips to the plate against them this year, he absolutely crushed lefties to the tune of a .387/.411/.555 slash line in 124 trips to the plate. His career splits are roughly similar, with a .719 OPS against righties and an .816 OPS against southpaws.

Valuable as a lefty-mashing corner bat can be, the Rays are fortunate to be well-stocked in terms of DH and corner options. Yandy Diaz has locked down the first base spot with star-level production the past two seasons, while slugger Luke Raley made a strong impression during his first run of significant playing time this year, slashing .249/.333/.490 with 19 home runs in just 406 trips to the plate while covering first base, DH, and all three outfield spots. This also doesn’t consider young infield prospect Jonathan Aranda, who slashed .230/.340/.368 in 103 plate appearances with the big league club this year and could play his way into a bigger role next season.

Additionally, each of those options has more team control remaining than Ramirez. While the 29-year-old will be a free agent following the 2025 season, Diaz is under control through 2026, Raley through 2028, while Aranda has yet to accrue a full season of service time in the big leagues. Given the club’s bountiful options at the position and Ramirez’s relative lack of team control, he could be the perfect trade candidate for a Rays team interested in lowering payroll to make other additions or even simply in leveraging a valuable asset from a clear area of depth.

In terms of potential suitors, there are several teams that could conceivably be interested in Ramirez’s services. The Brewers and Cubs both have uncertain first base situations headed into 2024, with Rowdy Tellez looking like a potential non-tender candidate and Matt Mervis having struggled through his first cup of coffee in the majors earlier this year. The Cubs, of course, are the club the Rays acquired Ramirez from prior to his breakout in the spring of 2022.

Meanwhile, the Padres could look to add a right-handed complement to Matt Carpenter at DH, with Ramirez as a strong option to fill the role the club hoped Nelson Cruz could fill in 2023. The Diamondbacks and Braves could also find themselves in search of a bat like Ramirez this offseason, in the event Tommy Pham and Eddie Rosario depart the club this offseason. In truth, there’s few aspiring contenders that couldn’t make use of a lefty-mashing corner bat with two seasons of team control remaining, giving the Rays plenty of potential paths in the event they do pursue a trade of the 29-year-old.

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MLBTR Originals Tampa Bay Rays Trade Candidate

Two Starters Who Buoyed The Blue Jays In 2023

By | at October 21, 2023 6:55pm CDT

The 2023 season was something of a disappointment in Toronto, as the club once again was swept out of the AL Wild Card series after a third place finish in the AL East. As the club spent 2023 treading water, several key players such as star first baseman Vladimir Guerrero Jr. (whose struggles MLBTR’s Mark Polishuk discussed last month), catcher Alejandro Kirk, and veteran outfielder George Springer all took significant steps back this year. Meanwhile, the pitching side of the roster faced its own challenges. Right-hander Ross Stripling departed via free agency last offseason for San Francisco and while veteran right-hander Chris Bassitt was a capable replacement this year, 2022 AL Cy Young finalist Alek Manoah was not replaced so easily. Manoah, 25, posted a disastrous 2023 season that saw him sport a 5.87 ERA and 6.02 FIP across 19 starts.

With all the shortcomings of the 2023 squad in Toronto, it might seem somewhat surprising that the club managed to post essentially the same season as they did last year. Fortunately, the Blue Jays managed to turn their starting rotation into a considerable strength this year, even as their best arm from last season was pulled from the starting five due to ineffectiveness. While a solid, 11-start return from veteran lefty Hyun-Jin Ryu and a typically excellent campaign from ace righty Kevin Gausman both were major assets, the steps forward taken by right-hander Jose Berrios and left-hander Yusei Kikuchi did the most to return Toronto to contention in 2023, and provide reason for optimism when looking ahead to 2024.

Both pitchers had their first full seasons in Toronto in 2022: Berrios was acquired at the 2021 trade deadline, while the club signed Kikuchi to a three-year deal in free agency ahead of the 2022 campaign. That season was a difficult one for both players, as each posted an ERA north of 5.00 and the worst full-season fWAR totals of their careers. With Kikuchi under contract for another two seasons and Berrios signed on through 2028, both signings were looking nothing short of disastrous for the Blue Jays after their first year.

Fortunately, however, both pitchers were able to turn things around in 2023, allowing Toronto to absorb the loss of Manoah’s elite production much more easily. Berrios saw his 5.23 ERA in 172 innings last year drop to a much more palatable 3.65 figure in 189 1/3 frames. While he was 26% worse than league average last year by measure of ERA+, he managed to post a season that was actually 16% better than league average by that same metric this season. Kikuchi, meanwhile, saw nearly as drastic an improvement as his similar 5.19 ERA (74 ERA+) improved to a far more respectable 3.86 (110 ERA+) figure. What’s more, after making 12 of his 32 appearances out of the bullpen in 2022, Kikuchi made 32 starts in 2023, allowing his innings total to skyrocket from 100 2/3 to 167 2/3.

As good as those seasons were, of course, they weren’t enough to get the Jays over the hump in 2023. Looking ahead to 2024, the question for GM Ross Atkins and the rest of the front office is a simple one: Just how sustainable were the improvements for their mid-rotation arms? Fortunately for the fans in Toronto, the improvement both players found in 2023 is largely backed up by more advanced metrics.

After striking out just 19.8% of batters faced in 2022, Berrios improved that figure to 23.5% this year while maintaining a low 6.6% walk rate. Both of those numbers are slightly better than his career averages of 23.2% and 7.1%, respectively, which helps lend credence to the idea that Berrios’s return to form could be sustainable. Berrios saw improvements in other areas, too, as his BABIP dropped from .328 in 2022 to just .289 in 2023, while his strand rate rose from 70.9% to 76.4%.

BABIP and strand rate are both typically regarded as fluky year-to-year stats, giving them little value when predicting future performance in such small sample sizes. In this case, however, they back up that Berrios’s 2022 campaign during which he led the league in both earned runs and hits allowed may have simply been an outlier: Berrios’s 2023 BABIP is almost identical to his career .290 mark entering the 2022 campaign. What’s more, advanced metrics such as SIERA indicate that not only were Berrios’s 2022 and 2023 seasons similar to each other in terms of underlying performance, but they were similar to his body of work throughout his entire career. Berrios posting a 4.13 SIERA in 2022 and a 4.08 SIERA this season. While the 2023 figure is a few points better, both are in the same ballpark as his 4.04 SIERA in seven seasons since becoming a major league regular.

While Berrios’s 2023 campaign indicates that 2022 was merely an aberration in what has otherwise been a consistent career as a mid-rotation arm, Kikuchi’s season this year seems to indicate a significant step forward. Among 140 pitchers with at least 100 innings of work in the majors during 2022, Kikuchi’s 5.62 FIP ranked in the bottom three, only better than Jonathan Heasley and Josiah Gray. While Kikuchi struck out an impressive 27.3% of batters faced, he walked a whopping 12.8% of batters faced. What’s worse, those free baserunners Kikuchi offered opposing teams often found themselves scoring on home runs thanks to Kikuchi’s fly balls leaving the year for home runs at an astronomical 23.7% rate that was by far the highest in the majors.

Fortunately, Kikuchi’s command and control issues improved considerably this year, even as his strikeout rate ticked down slightly to 25.9%. He nearly halved his walk rate in 2023, cutting his free passes down to a 6.9% rate that was actually in the 73rd percentile among all qualified pitchers, per Statcast. Kikuchi also managed to make improvements regarding the long ball, though they weren’t as drastic as his cut down on walks. After putting up the league’s worst barrel rate of 14.8% in 2022, Kikuchi managed to cut that figure to 9% this season, good for the 29th percentile among all qualified major leaguers.

While that’s still below average, Kikuchi’s more reasonable 15.3% home run rate allowed him to post a career year in 2023; this year was the first time the 32-year-old managed to post an above average season by both ERA- (8% better than league average) and FIP- (4% better than league average). SIERA, meanwhile, was actually even more bullish on Kikuchi than Berrios this year, as the lefty posted a 3.86 figure that put him in the same range as quality arms like Logan Gilbert and Sonny Gray while outperforming the likes of Corbin Burnes and Blake Snell.

With Berrios once again looking like the quality mid-rotation arm he appeared to be throughout his career in Minnesota and Kikuchi having joined him at a similar status in 2023, the Blue Jays look to be extremely well set up headed into 2024 with a front four of Gausman, Berrios, Kikuchi, and Bassitt in the starting rotation. That should allow them to be aggressive in looking to revamp the club’s offense as they attempt to return to the postseason in 2024 and win their first playoff game since 2016.

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Which Draft Picks Each Team Would Forfeit By Signing A Qualified Free Agent

By | at October 21, 2023 11:25am CDT

Since we just looked at what teams would stand to receive in draft compensation if they lost a free agent who rejected a qualifying offer, now it’s time to explore what each team would have to give up in order to sign a QO-rejecting free agent.

To recap the mechanics: if a free agent has played the entire 2023 season with a team and he has never received a qualifying offer in the past, he is eligible to be issued a QO within five days of the end of the World Series.  The qualifying offer is a one-year deal worth the average of the salaries of the top 125 highest-paid players in the majors, and this winter, the QO is reportedly worth around $20.5MM.  An eligible free agent can simply accept the QO and thus avoid free agency entirely, but if he rejects the QO, his former team is now in line to receive some draft-pick compensation if the free agent signs elsewhere.  This only relates to qualified free agents from other teams, as a club can re-sign its own qualified free agents with no penalty.

Here is the (mostly set) rundown of what every team will receive should one of their qualified free agents indeed head to another club…

Revenue Sharing Recipients: Diamondbacks, Rockies, Reds, Brewers, Pirates, Marlins, Athletics, Mariners, Tigers, Royals, Twins, Guardians, Orioles, Rays

Should one of these clubs sign a qualified free agent, they will have to give up their third-highest selection in the 2024 draft.  Since most of these smaller-market teams are part of the Competitive Balance bonus rounds of the draft, their third-highest pick likely won’t mean their third-round pick, and the situation could be further complicated if any of the teams trade from their CBR picks (the Competitive Balance selections are the only draft picks eligible to be traded).

The Mariners, Orioles, Rays, and Reds stand out as at least somewhat realistic candidates to sign a QO-rejecting free agent this winter.  Seattle is expected to make some level of pursuit of the biggest free agent of all in Shohei Ohtani, while the Orioles and Reds might feel the time is right to augment their young core with a bigger name, likely a pitcher.  Tampa Bay might be willing to stretch its usual payroll standards a bit this winter, though it remains to be seen if the Rays would splurge on a major free agent.

Teams Who Don’t Receive Revenue-Sharing Funds, And Who Didn’t Pay The Competitive Balance Tax: Giants, Cardinals, Cubs, Nationals, Astros, White Sox, Red Sox

For signing a qualified free agent, these teams would have to surrender their second-highest pick of the 2023 draft, and also $500K from their bonus pool during the next international signing period.

Many of these clubs could be prominent players in free agency, perhaps further emboldened by their relatively lesser draft penalty.  St. Louis is aiming to acquire at least three starting pitchers, the Giants are hoping to finally land a big name after their failed pursuits of Aaron Judge and Carlos Correa last winter, the Cubs could be looking to make a big splash to replace Cody Bellinger (if Bellinger can’t be re-signed at all), and the Red Sox might be looking to return to contention in a big way once their new front office leader is hired.

The Team In Limbo: Angels

As noted in the last post, it won’t be known until December (when the luxury tax numbers are officially calculated by the league) whether or not the Angels have exceeded the $233MM CBT threshold.  While this most specifically relates to the compensation Los Angeles may receive if Ohtani signs elsewhere, it also impacts what the Halos would have to give up if they wanted to add another qualified free agent.

If the Angels ducked under the CBT line, they’ll be in the previous group.  But, if the league’s calculations determine that the Angels were in excess of the tax threshold, they’ll be included with the other…

Competitive Balance Tax Payors: Dodgers, Padres, Mets, Phillies, Braves, Rangers, Blue Jays, Yankees

As one would expect, these teams face the stiffest penalties.  For signing a QO-rejecting free agent, these clubs would have to give up $1MM in international bonus pool money, as well as two draft picks — their second- and fifth-highest selections in the 2024 draft.

Ohtani’s name looms large in this category, as several of these clubs might not proceed with major offseason business until they know one way or the other if they can land the two-way superstar.  Conversely, a team that isn’t willing to give out the record-setting contract it will likely take to land Ohtani could instead more aggressively pursue some relatively less expensive qualified free agents, looking to land a player while some other suitors are occupied.  Of course, the higher penalty could also mean that some tax-payor teams instead look for upgrades on the trade market, or at some free agents (i.e. Yoshinobu Yamamoto, Jordan Montgomery, Jeimer Candelario, Eduardo Rodriguez) who aren’t eligible for the qualifying offer.

Should a club sign more than one qualified free agent, they will have to additionally forfeit their next-highest draft pick.  For signing two QO-rejecting free agents, the revenue-sharing group would have to give up their third- and fourth-highest picks in the 2024 draft.  The teams who didn’t exceed the CBT or receive revenue-sharing funds would have to give up their second- and third-highest picks, as well as $500K more of their international bonus pool.  The luxury tax payors would face the heftier penalty of losing four draft picks — their second, third, fifth, and sixth-highest selections.

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Which Draft Picks Each Team Would Receive For Losing A Qualified Free Agent

By | at October 21, 2023 10:13am CDT

The qualifying offer is one of the key mechanisms of free agent season, as teams have until five days after the end of the World Series to decide whether or not to issue the one-year contract (this winter reportedly worth around $20.5MM) to eligible free agents.  If a player has played with his team throughout the entire 2023 season and hasn’t received a QO in the past, he is eligible to be issued a qualifying offer, and thus the player can opt to accept the QO and forego free agency altogether.

If the player rejects the QO, his former team is now in line to receive some draft-pick compensation if the free agent signs elsewhere.  Here is the (mostly set) rundown of what every team will receive should one of their qualified free agents indeed head to another club…

Revenue Sharing Recipients: Diamondbacks, Rockies, Reds, Brewers, Pirates, Marlins, Athletics, Mariners, Tigers, Royals, Twins, Guardians, Orioles, Rays

If any of these teams has a QO-rejecting free agent who signs elsewhere for more than $50MM in guaranteed money, the compensatory pick falls after the first round of the draft.  If a team has a QO-rejecting free agent who signs elsewhere for less than $50MM guaranteed, the compensatory pick would come between Competitive Balance Round B and the start of the third round.  In the 2023 draft, these compensation picks were the 68th, 69th, and 70th overall selections.

Of the pending free agents on these teams’ rosters, the Twins’ Sonny Gray is the most clear-cut candidate to receive a qualifying offer.  Jorge Soler is expected to opt out of the final year of his contract with the Marlins, and Miami is likely to issue him a qualifying offer if Soler does indeed hit the open market again.  The Mariners’ Teoscar Hernandez is also a good QO candidate, even though the outfielder is coming off a relative down year and might conceivably choose to just take the $20.5MM payday in the hopes of a producing a better platform season in advance of the 2024-25 free agent class.  On the other hand, since this offseason’s market is thin on position players, Hernandez and his representatives might feel this is the better time to reject a QO and pursue a lucrative multi-year deal.

Teams Who Don’t Receive Revenue-Sharing Funds, And Who Didn’t Pay The Competitive Balance Tax: Giants, Cardinals, Cubs, Nationals, Astros, White Sox, Red Sox

For these teams, the compensatory pick for losing a qualified free agent would also fall between CBR-B and the start of the third round (regardless of whether the player signed for more or less than $50MM).  Cody Bellinger is a lock to receive and reject the Cubs’ qualifying offer, as the outfielder/first baseman will be looking to cash in after his big bounce-back season in 2023.  Aside from Bellinger, none of the other pending free agents for these teams look like plausible QO candidates.

The Team In Limbo: Angels

It should be noted that these lists of teams and their CBT status won’t be officially finalized until December.  Usually, it isn’t difficult to figure out which teams surpass the $233MM tax threshold, and sites like Roster Resource and Cot’s Baseball Contracts do excellent work in calculating luxury tax estimates over the course of a season.  However, this winter w have a relatively rare case of a team whose status won’t be known until December, as the Angels are by all accounts right on the borderline of the $233MM figure.

The Angels’ waiver wire purge in late August moved some salary off the books, but according to some reports at the start of September, the Halos remained slightly over the $233MM mark.  Cot’s has the Angels just over the line at an estimated $236MM CBT number, while Roster Resource’s projection has the Angels avoiding a tax penalty with a $228.7MM CBT number.

Given how the Angels have the offseason’s most prominent free agent in Shohei Ohtani, it is no small matter for the club to know exactly what draft compensation they might receive should Ohtani (after obviously rejecting the QO) depart for another team.  While Ohtani re-signing in Anaheim is the best-case scenario, the next best option would be a compensatory pick in the 68-70 range for the Angels in next year’s draft…

Competitive Balance Tax Payors: Dodgers, Padres, Mets, Phillies, Braves, Rangers, Blue Jays, Yankees

…and the least palatable option would be the lesser compensation should the Angels indeed end up over the CBT line.  If a team exceeds the luxury tax, they still receive a pick if a qualified free agent signed elsewhere, but that compensatory pick falls after the fourth round of the 2024 draft.  In the 2023 draft, these picks fell between 132nd and 137th overall.

Regardless of the Angels’ status, 2023 still set a new record for highest number of teams in excess of the luxury tax threshold — the previous mark was six teams, in both 2022 and 2016.  Of the 8-9 clubs surpassing the CBT this season, three (the Mets, Yankees, and Padres) also surpassed the $273MM threshold, which means that they’ll face the further penalty of having their first-round pick dropped back by ten slots in the 2024 draft.

Several prominent free agents from the CBT payors are either locks or strong candidates to receive qualifying offers, including the Padres’ Blake Snell and Josh Hader, the Phillies’ Aaron Nola, and the Blue Jays’ Matt Chapman.  The Dodgers’ J.D. Martinez is a QO candidate on paper, but with Los Angeles heavily rumored to be making a run at Ohtani, the Dodgers might pass on issuing a QO to Martinez out of a concern that he might accept, thus tying up the team’s designated hitter spot.

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Offseason Outlook: Tampa Bay Rays

By | at October 19, 2023 7:21pm CDT

The Rays continued their impressive run of success while working with limited funds. Despite having one of the lowest payrolls in the league, they made the playoffs for a fifth straight season in 2023. Their offseasons generally see plenty of roster turnover, but it’s possible they spend a little bit more this winter in order to keep the gang together.

Guaranteed Contracts

  • Wander Franco, SS: $174MM through 2032 (includes buyout on 2033 club option)
  • Zach Eflin, RHP: $29MM through 2025
  • Jeffrey Springs, LHP: $27MM through 2026 (includes buyout on 2027 club option)
  • Tyler Glasnow, RHP: $25MM through 2024
  • Yandy Díaz, IF: $18MM through 2025 (includes 2026 club option with no buyout)
  • Manuel Margot, OF: $12MM through 2024 (includes buyout on 2025 club option)
  • Brandon Lowe, IF: $9.75MM through 2024 (includes buyout on 2024 club option; deal also has club option for ’25)
  • Pete Fairbanks, RHP: $8.48MM through 2025 (includes buyout on 2026 club option)

Option Decisions

  • None

2024 financial commitments: $76.82MM
Total future commitments: $303.23MM

Arbitration-Eligible Players (projections via MLBTR contributor Matt Swartz)

Non-tender candidates: Tapia, Beeks, Bethancourt, Sulser, Fleming

Free Agents

The 2023 campaign started out incredibly strong for the Rays, with the club winning its first 13 games and jumping out to a big lead in the American League East. But the injuries mounted as the season went along, forcing the club to limp into the playoffs via a Wild Card spot before getting euthanized by the Rangers, as Texas outscored them 11-1 in the two-game sweep.

This would normally be the time where speculation would turn to which players the club will trade before the next season. Given their tight budgets, the Rays generally operate by trading players as they get more expensive and closer to free agency, with Tommy Pham and Blake Snell being some of the examples from recent years. It’s possible that this offseason will be different, as president of baseball operations Erik Neander recently said that the club might move the payroll up in order to limit the turnover. That’s partially related to their new stadium funding deal, which is kind of sort of almost official.

Time will tell whether that comes to fruition or to what extent. The data at Cot’s Baseball Contracts has never seen them push beyond the $80MM range in terms of an Opening Day payroll, but Roster Resource estimates their 2024 payroll to be around $125MM right now. A few of their 16 arbitration-eligible players will surely end up non-tendered, which will cut into that number a bit, but it will still take a substantial payroll increase if the club legitimately wants to keep the roster intact.

Even if there aren’t a lot of changes this winter, there would still be question marks, particularly on the pitching staff. Each of Jeffrey Springs, Drew Rasmussen and Shane McClanahan required elbow surgery in 2023, with each of their respective recoveries expected to carry into next year. Springs underwent Tommy John in April and is probably out until the middle of 2024, even in a best-case scenario. Rasmussen had the slightly milder internal brace procedure in July, which puts him out of action until at least midseason as well. McClanahan had TJS later in the year and is expected to miss all of 2024 as a result.

There are some names that can be pencilled into next year’s rotation, as each of Zach Eflin and Tyler Glasnow are under contract. They both have fairly spotty injury histories but they were each largely healthy in 2023. Aaron Civale didn’t finish strong but has a solid track record and can be retained via arbitration.

After that, things get less certain. Shane Baz missed all of 2023 recovering from his Tommy John surgery and should be healthy enough for next year, but he may have workload concerns. He only pitched 40 innings in 2022 between the majors and minors, and 92 the year before. There were no minor leagues in 2020 due to the pandemic and Baz was largely in short-season ball before that, meaning he’s yet to reach 100 innings in a season.

Zack Littell was gradually stretched out as the 2023 season wore on, similar to Springs and Rasmussen in previous years, though the results weren’t quite as emphatic. Littell tossed 87 innings as a Ray with a 3.93 ERA but striking out just 19.8% of opponents. His 2.5% walk rate in that time was excellent but is probably unsustainable in the long run. Amongst qualified pitchers this year, only George Kirby limited free passes at that rate.

Taj Bradley is on the depth chart as well, though he’s not a sure thing. He came into 2023 as one of the top pitching prospects in the league but posted an ERA of 5.59 in his first 104 2/3 innings. He won’t turn 23 years old until March and can certainly still put it together, but there’s clearly more development needed.

The club is generally unafraid to be creative in constructing its pitching staff, frequently deploying bullpen games or openers to get through a season. Perhaps they feel this group gives them enough of a rotation to start the year, with Springs and Rasmussen options to jump in later in the season. If that doesn’t come to fruition, reinforcements could always be found at the deadline.

In the bullpen, the club generally does a good job of finding quality arms without paying too much, and that could be the case again next year. Each of Pete Fairbanks, Jason Adam, Colin Poche, Andrew Kittredge and Shawn Armstrong had an ERA of 3.09 or lower in 2023. Fairbanks is already under contract for around $3.82MM next year and none of the other four are projected to catch him via the arbitration process.

On the position player side of things, the shortstop position is a giant question mark given ongoing investigation into Wander Franco‘s alleged inappropriate relationships with underage girls. It’s a fairly unprecedented situation and it’s unclear how long it will take to be resolved, but the club will likely operate under the assumption that they can’t rely on him. That likely leaves some combination of Taylor Walls, Osleivis Basabe and Junior Caminero covering the position, with Carson Williams perhaps debuting at some point later in the year.

Brandon Lowe, Isaac Paredes, Yandy Díaz and Harold Ramírez should be able to cover the non-shortstop positions, with Curtis Mead and Jonathan Aranda in the mix as well. The outfield mix seems solid with Randy Arozarena, Josh Lowe, Jose Siri, Manuel Margot and Luke Raley all slated to be back.

Catcher is a bit less certain, as Christian Bethancourt took a step back from a solid 2022 season. René Pinto got a decent amount of playing time down the stretch and held his own, so perhaps the club is content to give him a shot to take over as the lead backstop and bump Bethancourt to the backup role or cut him loose.

That still gives the club a strong core, but it’s also fair to wonder what kind of cuts may be coming. It’s not a guarantee that the payroll is going to suddenly get a 50% jump from the $80MM range to the $120MM range, so we might still see some classic Rays trades designed at saving some money and continually restocking the farm. Even if they do have that kind of money, it might be prudent to free some of it up in order to pursue upgrades to the starting staff or behind the plate.

Trading one of those arbitration relievers could still leave them with a solid bullpen, for instance. Arozarena is already set to make a projected $9MM, with two arbitration seasons after that. He’s still a bargain at that price but the Rays have shown that these kinds of players usually get dealt before reaching free agency. Ramírez hits well but is a poor defender, only getting 13 starts as a fielder in 2023. $4.4MM is still a good price for a solid bat but a Rays team that loves versatility could probably find a way to live without him. Lowe (Brandon, not Josh) is now just one year away from the end of his deal, perhaps allowing the club to make him available and replace him from within. Margot might be squeezed in that outfield picture a bit. He wouldn’t have a ton of trade value as a glove-first player with mounting injury concerns and declining defensive grades, but his deal has just one year and $12MM remaining. Many fans of rival clubs might look to Glasnow’s $25MM salary and dream of getting him out of Tampa, but the club probably can’t afford to thin out their starting depth any further.

Moving any of those players could help with the depleted starting staff, perhaps in a direct way by bringing pitching back the other way. Shane Bieber, Cal Quantrill and Paul Blackburn are some pitchers speculated to be available. The White Sox seem to be planning on contending, but Dylan Cease would be a logical trade chip if they pivot. The same goes from Griffin Canning and Patrick Sandoval of the Angels or Mitch Keller of the Pirates. Perhaps the Mariners feel they have enough pitching to part with Logan Gilbert or Bryan Woo while still contending.

Or perhaps the Rays will trade for prospects and then use the new payroll space to pursue a free agent pitcher. They wouldn’t be likely to shop at the top of the market, of course, but a targeted strike similar to last year’s Eflin deal wouldn’t be totally shocking. Perhaps they feel they can get the best out of someone like Jack Flaherty, since they almost acquired him at the deadline. Lucas Giolito, Seth Lugo, Michael Wacha or Sean Manaea should be similarly in that mid-rotation or back-end batch of free agents.

The Rays are often a tough team to project, given their willingness to churn the roster perhaps more than any other club, even if that means moving star players. The comments from Neander suggest this winter might be different, but it’s tough to accept that at face value when it contradicts their established modus operandi. However it plays out, the Rays are starting from a decent position. Their departing free agents are mostly relief pitchers, leaving most of their 99-win team intact for now. The starting pitching looks a bit flimsy but that’s been the case in the past and the Rays always seem to find a way to wriggle to success regardless.

In conjunction with this post, Darragh McDonald held a Rays-centric chat on 10-20-23. Click here to read the transcript.

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MLBTR Poll: Chad Green’s Contract Options

By | at October 19, 2023 10:18am CDT

Last winter, right-handed reliever Chad Green signed one of the more convoluted free agent contracts in recent memory. The deal looked simple on the surface – an $8.5MM guarantee over two years – but it came with several options that could pay him as much as $32.25MM through 2026. Green earned $2.25MM during the 2023 campaign, while he spent most of the year on the injured list rehabbing from Tommy John surgery. The Blue Jays always knew he’d miss the first several months of the season, hence his relatively low salary. This upcoming offseason, however, is when things get complicated.

Toronto has a club option for three more years and $27MM (plus up to $1MM in incentives each season). If the Blue Jays do not exercise their first option, Green will have the chance to accept an option of his own, a one-year player option worth $6.25MM (with as much as $2MM in additional incentives). Then, if Green also declines his option, the Blue Jays have a second, less expensive team option for two years and $21MM (again with up to $1MM in incentives each year). Finally, if both sides decline every option, Green will become an unrestricted free agent.

Given how little Green pitched in 2023, it’s hard to imagine the Blue Jays would pick him up for $9MM a year through his age-35 campaign. Then again, the veteran reliever returned from Tommy John on a perfectly normal timeline and looked healthy in September. In other words, he gave the Blue Jays everything they could have expected in 2023, and the team wouldn’t have signed this deal in the first place if they weren’t going to consider the option.

While Green gave up ten runs (seven earned) in only 12 innings of work this season, his underlying numbers were much more impressive. He struck out 16 of the 52 batters he faced and only issued three unintentional walks. His 3.11 SIERA and 2.84 xERA are also promising signs. What’s more, Green was a dominant and durable reliever for several years before he tore his UCL. From 2016-22, he posted a 2.79 ERA and 2.93 FIP in 326 innings of relief. Since his debut season, he ranks 11th among all relievers in FanGraphs WAR. If he returns to form in 2024, a three-year, $27MM deal would seem more than fair. A few comparable relievers signed for more than $30MM last winter, including Kenley Jansen (two years, $32MM) and Taylor Rogers (three years, $33MM).

For those precise reasons, Green is unlikely to accept his $6.25MM player option. If he does hit free agency, all his suitors will have the knowledge that Toronto turned down his services at both three years/$27MM and two years/$21MM. That being said, the market for right-handed relievers isn’t particularly deep, nor is it replete with high-end talent. He’s younger than other guys with a long track record, like Craig Kimbrel and David Robertson, and he’s more experienced out of the bullpen than other high-upside arms, like Jordan Hicks and Reynaldo López. Even if he struggles to find a multi-year offer, Green should be able to beat $6.25MM on a one-year pact. However, if he is worried about his health, it’s possible he could opt for another year of job security with the Blue Jays. Yet, considering his performance in September and October, that doesn’t seem to be a likely concern.

Toronto’s two-year, $21MM club option looks the most likely to be exercised, but at the same time, if the club has enough concerns to turn down the three-year option, perhaps they’re ready to move on from Green entirely. On top of that, while the two-year option is less expensive overall, it comes with a higher annual salary. The Blue Jays ran a payroll relatively close to the first luxury tax threshold in 2023, and they already have several payroll commitments for next season. If they’re looking to make some upgrades this winter without paying the tax, they might actually prefer the longer option with a lower AAV.

So, what do the MLBTR readers think? Will either side pick up an option, or will Green return to the open market? Have your say in the poll below!

(poll link for app users)

Which Of Chad Green's Contract Options Will Be Exercised?

  • None (Green becomes a free agent) 29% (994)
  • Two-year, $21MM team option 26% (893)
  • One-year, $6.25MM player option 25% (860)
  • Three-year, $27MM team option 20% (684)

Total votes: 3,431

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Offseason Outlook: Los Angeles Dodgers

By | at October 18, 2023 8:26pm CDT

A relatively quiet offseason a year ago didn’t stop the Dodgers from continuing their incredible run of regular season success. But after another disappointing playoff performance, perhaps they will be more aggressive this winter. There are many ways to do that, but the big question is whether or not they land the most unique free agent in history.

Guaranteed Contracts

  • Mookie Betts, IF/OF: $295MM through 2032
  • Freddie Freeman, 1B: $108MM through 2027
  • Chris Taylor, 1B/OF: $30MM through 2025 (includes buyout on ’26 option)
  • Miguel Rojas, IF: $6MM through 2024 (includes buyout on ’25 option)
  • Tony Gonsolin, RHP: $5.4MM through 2024 (eligible for two more arbitration years after that)
  • Austin Barnes, C: $3.5MM through 2024 (includes ’25 option with no buyout)

Option Decisions

  • Club holds $18MM option on RHP Lance Lynn with $1MM buyout
  • Club holds $14MM option on IF Max Muncy with no buyout
  • Club holds $9.5MM option on RHP Joe Kelly with $1MM buyout
  • Club holds $6.5MM option on RHP Daniel Hudson with no buyout
  • Club holds $3MM buyout on RHP Alex Reyes with $100K buyout
  • Club holds option between $1MM and $7MM on Blake Treinen, depending on health

2024 financial commitments, assuming Muncy is the only option triggered: $98.9MM
Total future commitments, assuming Muncy is the only option triggered: $461.9MM

Arbitration-Eligible Players (projections via MLBTR contributor Matt Swartz)

Non-tender candidates: Yarbrough, Almonte, Suero

Free Agents

The Dodgers had a fairly quiet offseason after 2022, limiting themselves to one-year free agents like Noah Syndergaard and J.D. Martinez. That led some observers to predict that they could be dethroned in the West by the Padres, who had a far louder winter, or perhaps an upstart Diamondbacks club. But the Dodgers had yet another excellent season, winning 100 games for the fourth straight full season and fifth out of the last six. They won the West division title for the 10th time out of the last 11 seasons, with their only second-place finish being the 106-win club in 2021 getting edged out by the 107-win Giants.

There’s no question they’ve been the most consistently good regular season club over the past decade-plus, but the postseason is another matter. All of those playoff berths have resulted in just one title, which was in the shortened 2020 season, and they’ve been quickly bounced out of the NLDS in each of their past two trips.

Perhaps that will lead the club to make some more noise this winter, which they have the ability to do. They’ve been one of the top spenders in the past decade but have generally avoided long-term commitments. Mookie Betts and Freddie Freeman are the only players under contract beyond 2025 and each of those two are continuing to play at MVP-caliber levels, meaning there’s almost no dead money on the books.

In terms of 2024, Roster Resource estimates their current payroll around $126MM, which includes the MLBTR arbitration projections. A few non-tenders could drop that closer to $120MM, particularly if they let go of Yarbrough, who was cut by the Rays at this time a year ago. Their luxury tax figure would be under $140MM if they did indeed cut Yarbrough. That gives the Dodgers plenty of room to be aggressive this winter, as they have frequently run Opening Day payrolls in the $240-280MM range, per Cot’s Baseball Contracts. Even if they want to reset their luxury tax status after paying the tax in the past two years, they could add about $100MM before getting near this year’s $237MM base threshold.

The Dodgers are likely to be one of many teams drawing up two distinct offseason plans, one that involves signing Shohei Ohtani and one that doesn’t. The most unique player in baseball history is about to become the most unique free agent in baseball history, with many pegging the Dodgers the most likely landing spot. Ohtani has frequently mentioned a desire to win as a priority and the Dodgers would have a compelling case in that department.

Of course, Ohtani will surely want to be compensated at a fair rate as well, but there’s nothing preventing the Dodgers from doing that. As mentioned, they have plenty of spending room both for the coming year and well into the future. It has been speculated that Ohtani might lean towards a West Coast club, since that was his preference when first coming over from Japan. At that time, he was limited by the amateur bonus pool system and was only going to be able to pull in a few million bucks, meaning that such a preference wouldn’t impact his earning power. Now he will be motivated to express an interest in any club, as expanding his market will help him secure the biggest possible guarantee. But if he privately holds onto that West Coast preference, it would only help the Dodgers.

It’s possible there are other factors that could work against them, at least speculatively. Ohtani hasn’t interacted with English-language media very much during his time as an Angel, at least compared to other superstars in the game. It has been speculated that moving to a bigger market club would make it harder for him to maintain that relative spotlight reluctance. Whether that’s something that actually matters to him can’t really be known.

There’s also the question of Ohtani’s leash to continue pitching deeper into his career. There’s no precedent for anything Ohtani does and different clubs will probably have different ideas about how long they want him to continue with the full two-way workload. Now that he’s coming off a second career Tommy John surgery, or something close to it, that only raises further questions about how he will hold up into his 30s. Some clubs may want to give him free rein to start for as long as he wants, others might have ideas about when a move to the bullpen will be warranted or when it would be time to stop pitching altogether. If the pitching eventually needs to stop, some clubs may view him as a viable outfielder, a position he played in Japan. Others might prefer to just keep him as a designated hitter as he ages.

It’s can’t really be known how the Dodgers view these matters, but these are things that will likely come up in offseason discussions with Ohtani and his reps. Ohtani is hitting free agency ahead of his age-29 season, two years younger than Aaron Judge was before his free agency. Since Judge was able to secure a nine-year deal, Ohtani will very likely be able to get into the double digits. Even though he’ll be a DH only in 2024, teams will undoubtedly be enticed by his potential return to being a two-way player, as well as the international marketing opportunities he can provide. But in the short-term, the free agency of Martinez means that the Dodgers have an open DH spot they can easily slot Ohtani into.

Gauging Ohtani’s interest in being a Dodger figures to be the number one priority for the club, with everything else following from there. But there will be some formalities that have to come first, with a large number of club options on the table. Each of Daniel Hudson, Blake Treinen and Alex Reyes missed all or most of 2023 due to injuries and should have their options declined. The Dodgers are generally unafraid of banking on their injured players but would likely work out new deals with any of this group they wanted to take another chance on.

The net $8.5MM decision on Joe Kelly is borderline, but the club would likely prefer to keep that powder dry for now, with the ability to circle back to Kelly or someone similar later in the winter. Max Muncy is a lock to have his option picked up, despite the low batting average and high strikeouts. He launched 36 home runs this year and walked in 14.7% of his plate appearances, leading to a wRC+ of 118 and 2.9 wins above replacement in the eyes of FanGraphs. Though he was able to nudge the option price up to $14MM by reaching plate appearance escalators, it’s still a bargain. Lance Lynn is likely to be bought out after posting a 5.73 earned run average this year.

The Dodgers will be looking to replace some thump in their lineup, whether they sign Ohtani or not, even though Betts and Freeman will each be back. Martinez and Jason Heyward each had solid bounceback years, but both are now set to return to free agency. Martinez has yet to receive a qualifying offer in his career and the Dodgers could offer him one, but there are reasons they may not do so. Martinez settled for a one-year, $10MM to join the Dodgers a year ago and this year’s qualifying offer is expected to go over $20MM. That kind of pay raise might be tempting for a 36-year-old designated hitter. But the Dodgers may not want to risk that since players who accept a qualifying offer can’t be traded until June 15. Having both Martinez and Ohtani on the same club isn’t possible with just one DH slot, so the Dodgers probably can’t take a chance by putting the offer in front of Martinez.

But Martinez will likely want to wait on Ohtani before deciding where to sign, since many clubs may have him as a backup option. That means the Dodgers may be able to circle back to him if they don’t end up landing Ohtani. Other players who may be in a similar boat include Jorge Soler, Brandon Belt or old friends Justin Turner and Joc Pederson.

Replacing Heyward may not be as necessary. Betts spent a lot of time on the infield this year with Gavin Lux suffering a season-ending knee injury in Spring Training. If Lux is healthy enough to rejoin the middle infield next year, Betts can go back to being a primary right fielder next to center fielder James Outman. Left field will still be a question mark, but the club would have some internal options there with Chris Taylor, Andy Pages and Jonny Deluca some of them. It might be possible to fit Heyward in there, but he may have cleaner paths to playing time elsewhere.

On the infield, Freeman and Muncy should have the corners largely spoken for. The middle infield is a bit less certain, with the aforementioned Lux situation the major unanswered question. The club was planning to give him a shot to be an everyday shortstop before his injury. Whether that plan is back on the table remains to be seen. If he is able to secure the shortstop job, he could push Miguel Rojas to second base or perhaps into a depth role. Or perhaps Lux sticks at the less-demanding second base spot going forward. There are also prospects looming, with Michael Busch and Jorbit Vivas some of those potentially in the mix for the keystone. Since the free agent market doesn’t have too much to offer anyway, the Dodgers might stick with internal candidates here as well, though the trade market theoretically offers players like Gleyber Torres, Jonathan India or Brendan Donovan.

The catching spot seems fine with Will Smith having another strong season in 2023. Austin Barnes wasn’t great at the plate in 2023 but is already under contract and still got good marks for his framing. Cutting him loose and signing a veteran backup wouldn’t be shocking, but it wouldn’t be an ideal use of resources when the club has bigger priorities elsewhere.

Outside of the Ohtani question, the big focus for the Dodgers this winter will be the starting pitching. This year saw the pitching injuries pile up, and Julio Urías become unavailable due to a domestic violence situation, with the diminished rotation arguably serving as the club’s unraveling. They tried to patch things together by trading for Lynn, Yarbrough and Eduardo Rodriguez, but E-Rod used his no-trade clause to stay with the Tigers while Lynn wasn’t able to salvage his rough season as hoped. The club can keep Lynn around but $17MM for the age-37 season of a pitcher who just allowed 44 homers is fairly steep.

Both Urías and Clayton Kershaw are set to become free agents, and some of the pitching injuries will carry over into next year. Dustin May will likely miss the first half after undergoing flexor tendon surgery in July. Tony Gonsolin had Tommy John later in the year and will likely miss the entire 2024 season. That leaves the club with Walker Buehler, who missed all of 2023 due to his own Tommy John, atop their depth chart. Bobby Miller likely earned a spot after posting a 3.76 ERA in 22 starts in 2023. Ryan Pepiot, Emmet Sheehan, Michael Grove and Gavin Stone could compete for jobs as well but it’s arguable that none of them did enough to be guaranteed a gig.

That could position the Dodgers to seek out as many as three starting pitchers this offseason. One of them could be Kershaw coming back, though that’s become an annual question in recent years. The two most recent offseasons have seen him deciding between returning to the Dodgers, joining his hometown Rangers or retiring. Though he eventually returned to the Dodgers in each instance, it seems there’s less confidence in that path this year. His velocity dipped as he battled shoulder issues this year and he indicated he might take a few months before making his choice about 2024.

Even if the Dodgers land Ohtani, he won’t help the rotation since he won’t be pitching in 2024. The Dodgers have the spending capacity to play at any level of free agency, but it’s possible that their level of spending in this aisle is contingent on what happens with Ohtani and Kershaw. The top of the market will feature guys like Yoshinobu Yamamoto, Blake Snell, Jordan Montgomery and Aaron Nola, with each of them looking at nine-figure deals. Then there’s also solid guys at a lower tier, such as Seth Lugo or old friend Kenta Maeda, as well as bounceback candidates like Lucas Giolito, Jack Flaherty or Frankie Montas.

The trade market is another area the club could explore, though this path is a little trickier. Brandon Woodruff is out for most or perhaps all of 2024, which might mean the Brewers take Corbin Burnes off the market. Other theoretical trade candidates may be hard to pry loose as well, with the White Sox seemingly hoping to contend and therefore likely holding Dylan Cease. Perhaps Shane Bieber can be freed from Cleveland, but his stock is down after a bit of an uninspiring year and a late-season battle with elbow inflammation. The Pirates are probably looking to hold Mitch Keller as they try to build off some encouraging performances in 2023.

The bullpen is likely less of a priority, with plenty of strong arms still under club control next year. Evan Phillips, Brusdar Graterol, Caleb Ferguson, Victor Gonzálezand Alex Vesia all had good results in one way or another and each can be retained via affordable arbitration salaries. Adding a couple of veteran free agents to the group should be on the table, but the level of aggressiveness will likely be dictated by how the other priorities are addressed.

All signs point towards a bigger offseason for the Dodgers this year, though that could take a few different shapes. Maybe they can sign Ohtani or maybe they can’t. Maybe Kershaw comes back or maybe he doesn’t. Whether those guys are involved or not, the club will need to add to the rotation and the lineup. But there may not be any club with as much spending capacity this winter, meaning there’s a good chance this offseason looks very different from the last one.

In conjunction with this post, Darragh McDonald held a Dodgers-centric chat on 10-19-23. Click here to read the transcript.

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