The Opener: Diaz, Injuries, Rule 5

With the World Series in the rear-view and the offseason officially underway, here are three things we’ll be keeping an eye on today:

1. Edwin Diaz Sets Records With New Mets Pact

The first major signing of the offseason occurred yesterday evening, with the Mets re-signing star closer Edwin Diaz to a massive five-year, $102MM contract. Diaz now becomes the first relief pitcher to ever secure a nine-figure deal, and the first with a deal of an average annual value north of $20MM. Diaz secured that contract by having a platform season for the ages, throwing 62 innings to a 1.31 ERA and a mind-boggling 0.90 FIP. While the Mets have plenty more to do in rebuilding the bullpen as Trevor May, Seth Lugo, and Mychal Givens depart for free agency, the Diaz re-signing serves as an important first step in that process. The record-setting contract also serves as a reminder of owner Steve Cohen’s willingness to flex financial muscle, which will be important as the Mets look to re-sign or replace players such as Jacob deGrom, Chris Bassitt, and Brandon Nimmo this offseason.

2. World Series Teams Examine Injuries

Though the 2022 World Series is now a thing of the past, the participants must now turn their focus to the injuries they suffered throughout the season that had been ignored in favor of playing through the postseason run. Most notable among these, of course, is Bryce Harper, who suffered UCL damage in May, with surgery this offseason a possibility. For the World Series champion Astros, three players have injuries to worry about entering the offseason: Alex Bregman suffered a broken finger late in Game 6 on Saturday, Yuli Gurriel missed Game 6 after a sprain to his MCL, and Martin Maldonado played through both a broken hand and a sports hernia this postseason, the latter of which will require surgery according to The Athletic’s Ken Rosenthal. Bregman’s injury has the least question marks surrounding it, as he will reportedly be ready for Spring Training in 2023. More details could be announced regarding the rest of these injuries in the coming days.

3. Rule 5 Draft Protection Deadline Looms

As Mark Polishuk noted in his offseason preview, the deadline to add players to the 40-man roster in order to protect them from the Rule 5 draft is November 15th this year. Seeing as there was no R5 draft last offseason, teams will likely have more players to protect than usual, which could lead to roster crunches across baseball. This could also lead to some players getting cut from 40-man rosters a few days ahead of November 18th’s non-tender deadline, and some minor trades such as yesterday’s Sam Hilliard deal between the Rockies and Braves. Overall, with these dates being earlier on the offseason calendar, fans should expect a larger quantity of winter moves to happen in this first week of the offseason than in recent years, though said moves won’t necessarily be at the top of the free agent market.

Chris Bassitt To Decline Mutual Option

Mets’ starter Chris Bassitt is expected to decline his $19MM mutual option per Jon Heyman of the NY Post. Bassitt will receive a $150K buyout and head to free agency for the first time in his career.

Following a trade from the Athletics, Bassitt agreed to a one-year, $8.65MM contract with a $19MM mutual option for the 2023 season ($150K buyout if either team declined) in his final trip through the arbitration process. During his first season with New York, the 8-year veteran led the Mets in starts (30) and innings pitched (181 2/3) while pitching to a 3.42 ERA with a 22.4% strikeout rate, 6.6% walk rate, and a 49.1% groundball rate.

Bassitt, who will be 34 on Opening Day, has been a reliable pitcher over the last four seasons. Since 2019, he has made at least 27 starts (excluding the 2020 season) paired with a 3.31 ERA in 546 innings, a 23.2% strikeout rate, a 6.7% walk rate, and a 44.1% groundball rate.

On the heels of a strong season, the Mets will likely attach a Qualifying Offer to Bassitt (a one-year, $19.65MM contract). While this sum is more than double what Bassitt was paid in 2022, he will likely opt to find a longer contract with an annual salary similar to the value of the QO.

As for the Mets, they enter the 2022-23 offseason with big questions surrounding their rotation. Two-time Cy Young winner Jacob deGrom and former All-Star Taijuan Walker both hold player options that they are expected to decline, and the Mets hold a $14MM club option on Carlos Carrasco’s 2023 services that they must make a decision on in the next few days. Tylor Megill is a candidate to fill one of the spots in the rotation, but owner Steve Cohen will likely open his wallet again this offseason to buff his team’s starting pitching.

Mets To Pick Up Daniel Vogelbach’s Club Option

The Mets are reportedly picking up Daniel Vogelbach‘s $1.5MM club option for the 2023 season, per Jon Heyman of the NY Post.

Acquired in a midseason trade from the Pirates, Vogelbach slashed a strong .255/.393/.436 in New York to finish his 2022 season with a collective .238/.360/.433 line with 18 homers across the two teams. Interestingly, Vogelbach spent the 2022 season as full-time DH, logging only five innings at first base after playing over 400 innings at the corner infield position in 2021.

After a breakout year in 2019 with Seattle where he hit .208/.341/.439 with 30 homers and earned a trip to the All-Star game, Vogelbach has bounced around the league, spending time with the Blue Jays, Brewers, Pirates, and now the Mets. He has largely become a platoon player, hitting .261/.382/.497 against right-handed pitchers in 2022, compared to .139/.262/.153 against lefties.

Vogelbach, who has one more arbitration-eligible season after 2023, may become a trade candidate for the Mets, who currently have three other 1B/DH options on their 40-Man Roster in Darin Ruf, Dominic Smith, and starter Pete Alonso. However, out of the trio of backups, Vogelbach had the strongest 2022 season and GM Billy Eppler might opt to keep him as a left-handed bench bat.

Gosuke Katoh Signs With NPB’s Nippon-Ham Fighters

Infielder Gosuke Katoh has signed with the Nippon-Ham Fighters of Japan’s Nippon Professional Baseball, the team announced (h/t to the Kyoto News). It’s the first NPB stint for Katoh, who made his major league debut this past season after nine years in the minors. Katoh is represented by John Boggs & Associates.

A second-round pick of the Yankees in 2013, Katoh played in the organization through the end of 2019. He didn’t reach the big leagues and qualified for minor league free agency, bouncing between the Marlins and Padres systems before landing with the Blue Jays last offseason. Katoh cracked Toronto’s big league club out of Spring Training, but he appeared in just eight MLB games before being waived in early May. He landed with the Mets and spent the remainder of the season with their top affiliate in Syracuse, hitting .223/.310/.383 across 324 plate appearances.

New York outrighted Katoh off their 40-man roster over the summer, and he was eligible for minor league free agency this winter. Another crack with an affiliated team would have come on a minor league deal with a non-roster invitation to Spring Training. His new deal with the Fighters assuredly comes with a much stronger base salary than he’d have gotten had he played next year in Triple-A and gives him an opportunity to suit up at Japan’s highest level.

Katoh, notably, is a California native. Despite having been born and raised in the United States, he’s a dual U.S. – Japanese citizen based on his Japanese heritage. As a report from The Mainichi explains, all Japanese citizens — regardless of their place of residence or professional experience — are subject to the NPB draft if they wish to play in the league. Katoh, therefore, was part of last month’s draft alongside a number of younger, amateur players. The Fighters, coincidentally Katoh’s favorite team from childhood, selected him in the third round and agreed to terms. As a Japanese citizen, he will not count against NPB’s limit of four foreign players per roster.

It’s possible Katoh plays well enough in Japan to draw some new big league interest down the line. For now, he’ll join the Fighters as an infield option with multi-positional experience and a career .270/.360/.434 line at the Triple-A level.

Previewing Upcoming Qualifying Offer Decisions

The World Series concludes this weekend, and the offseason gets underway almost immediately thereafter. Teams and players have to decide whether to exercise contractual options within five days of the Series ending, while clubs also must determine whether to issue their impending free agents a qualifying offer before free agency officially opens. MLBTR’s Mark Polishuk took a preliminary look at the qualifying offer class in August (position players/pitchers).

With another few months of play in the books, we’ll take a final run at previewing the class. As a refresher, the qualifying offer is a one-year offer that’s calculated by averaging the salaries of the 125 highest-paid players in the majors in a given season. That value has been set at $19.65MM for this offseason. If a player rejects the offer, he sets out into free agency. The player’s previous team would receive draft pick compensation if he signs elsewhere, while a team that signs another club’s qualified free agent would forfeit a draft choice (or choices) and possibly international signing bonus space.

Draft pick compensation and forfeiture differs depending on a team’s revenue sharing status and whether they exceeded the luxury tax threshold this year. MLBTR’s Tim Dierkes looked yesterday at what picks each team would lose were they to sign a qualified free agent; conversely, Mark Polishuk covered the draft pick compensation clubs would land if one of their qualified free agents departed.

Locks

There’s not a whole lot to say about this group. These are 10 of the best impending free agents. Bogaerts, deGrom, Judge, Rodón, Swanson and Turner are all going to top nine figures. Díaz, Nimmo and maybe Contreras could get to $100MM. Bassitt doesn’t have quite that earning power, since he’ll turn 34 in February. That caps the length of the contract he can expect, but the veteran righty is arguably the fourth-best starting pitcher on the market. He’s likely to land an annual salary similar to the value of the QO over a multi-year term.

Possible Candidates

A stable back-of-the-rotation strike-thrower, Anderson inked an $8MM guarantee with the Dodgers last year. The veteran southpaw responded with a career season, posting a sparkling 2.57 ERA across 178 2/3 innings. He walked fewer than 5% of opposing hitters and averaged almost six innings per appearance, an incredible source of stability in a rotation that dealt with a fair share of injuries.

Headed into his age-33 season, Anderson is now in position for easily the best payday of his career. The question is whether that might come in the form of the QO. The Dodgers certainly have the budget for an investment of that size, and they’re never shy about stockpiling pitching depth. Yet it’s fair to wonder whether Anderson projects markedly differently than he did last winter when he was coming off a combined 4.49 ERA from 2020-21. He benefited from a career-low .256 batting average on balls in play this year, and his 19.5% strikeout rate is a near-match for his 2021 mark. His fastball still averages under 91 MPH, and while he turned to his changeup more often this past season than he has previously, he didn’t dramatically overhaul his repertoire. Anderson’s a solid pitcher with a knack for getting opponents to chase and make weak contact, but he doesn’t brandish the kind of power arsenal that’d immediately endear him to teams.

Eovaldi is wrapping up a four-year deal he signed with the Red Sox on the heels of his incredible 2018 postseason. The right-hander had a tough 2019 season but has followed up with three generally solid years since then. Eovaldi has posted an ERA between 3.72 and 3.87 since 2020, consistent mid-rotation production. That’s in line with what he’s done for much of his career.

Despite possessing big velocity, Eovaldi’s more of a control artist than a bat-missing weapon at the top of the starting staff. He’s incredibly walked less than 5% of opposing hitters in each of the last three years, with a cumulative 4.4% mark that’s the second-lowest among 94 pitchers with 250+ innings over that stretch. He posts above-average swinging strike rates but not elite numbers in that regard, and he tends to give up a fair number of home runs.

One can argue Eovaldi’s the fourth or fifth-best free agent starter available, although he spent time on the injured list this year with separate back and shoulder concerns en route to just 109 1/3 innings. His typical 97+ MPH heater sat at a slightly diminished (but still strong) 95.7 MPH this year. Eovaldi has two Tommy John surgeries on his ledger and has some durability question marks, but a strong one-year risk could be palatable for a big-spending team that has virtually no certainty in the rotation. At the same time, the Sox would receive only a compensatory pick after the fourth round if he rejects a QO and departs, thanks to their paying the luxury tax in 2022. That’s of marginal value, so Boston’s only really incentivized to make a QO if they hope he accepts.

Despite playing his home games in one of the league’s more pitcher-friendly environments, Haniger popped 39 home runs in 2021. That was a career-best power spike, but it demonstrated the kind of offensive potential he has when healthy. The right-handed slugger posted well above-average hitting marks in 2017-18 before an average ’19 campaign and a 2020 season wiped out by injury. His 2022 showing was more in the latter bucket, as he lost a chunk of the summer to a high ankle sprain and posted a .246/.308/.429 line in 247 trips to the plate.

Haniger’s a middle-of-the-order caliber bat who plays an adequate corner outfield, and he should find a multi-year deal going into his age-32 campaign if the Mariners don’t make him a QO. On the heels of this platform season, he’d have to seriously consider accepting the QO if offered. Seattle has a fair bit of near-term financial flexibility to make that bet, but they also have a number of in-house outfielders who can step in more affordably if Haniger walks.

The Dodgers rolled the dice on Heaney after a home run-filled 2021 season, signing him for $8.5MM. The southpaw didn’t provide much volume, missing extended stretches of the year fighting shoulder discomfort. When he was healthy enough to take the mound, the 31-year-old was brilliant. Heaney posted a 3.10 ERA and struck out an incredible 35.5% of opposing hitters through 72 2/3 innings. He got a swinging strike on a whopping 16.8% of his offerings, the highest rate of any pitcher with 70+ innings pitched. Heaney put up ace-caliber numbers when he took the hill, but he pitched less than half the season and is only a year removed from a 5.83 ERA over 30 outings with the Angels and Yankees.

Unlike a few other pitchers on this list, one can easily point to a huge change with Heaney that could’ve spurred his breakout. He started throwing a slider for the first time since 2017, turning to it as his go-to secondary offering while ditching his curveball and scaling way back on his changeup usage. The new breaking ball was fantastic, holding opponents to a .170 batting average with one of the highest whiff rates in the league.

That leads to a tough decision for L.A. The Dodgers have shown as much willingness as any team to take short-term risks on high-upside players, including Heaney himself last winter. There’s a difference between an $8.5MM gamble and one pushing $20MM, but he could be next in the line of Kevin Gausman and Carlos Rodón breakout types if he can stay healthy.

A former top prospect, Pérez has bounced around the league but consistently put up below-average results after some early-career success. He returned to his original organization last offseason, inking a $4MM deal with the Rangers after a pair of rough seasons in Boston. That proved to be one of the better buy-low moves of the winter, as Pérez made 32 starts and soaked up 196 1/3 innings. He posted a 2.89 ERA, a top 25 mark among hurlers with 100+ innings. Despite pitching in the majors for over a decade, he’s only entering his age-32 season.

If the Rangers are confident Pérez can come close to replicating his 2022 production, then a QO would be an easy call. Yet it’s fair to wonder how sustainable the southpaw’s success is. He posted an ERA north of 4.00 every year between 2014-21. He didn’t experience any kind of velocity bump, nor did his strikeout and walk profile change. Pérez only punched out 20.6% of opponents on a meager 8.4% swinging strike rate. He did induce ground-balls at a quality 51.4% clip, but he’s previously posted strong grounder rates without finding much success keeping runs off the board. Pérez made some small tweaks to his repertoire, using his sinker more against right-handed batters while leaning a bit more heavily on his cutter against lefties. Without a massive overhaul or velocity spike, though, it’s hard to know how much of his improved results truly represent a step forward.

Rizzo inked a two-year, $32MM guarantee to return to the Yankees in Spring Training. The deal allowed him to opt out of the final $16MM after this season, and the first baseman now looks as if he’ll do so. After a couple fine but unspectacular years, Rizzo bounced back with a 32-homer showing for the first time since 2017. He only hit .224, but that’s largely due to a career-worst .216 batting average on balls in play. Few hitters in baseball were shifted against more often, and the upcoming limitations on shifting should help him find a few more base knocks. Even if the shift ban doesn’t lead to a jump in performance, his .224/.338/.480 mark through 548 plate appearances checked in 32 points above the league average by measure of wRC+.

Heading into his age-33 campaign, Rizzo’s likely limited to two or maybe three-year offers. Those should be at annual rates at least approaching the value of the qualifying offer. It seems unlikely Rizzo would accept a QO. After all, in order to be eligible for the qualifying offer, he’d first have to decline a $16MM salary for next year. Perhaps he’d be content to take the accompanying $3.65MM pay bump before re-testing free agency after 2023, but he’d presumably prefer a new multi-year arrangement. Even if he does accept the QO, the Yankees could find that a reasonable investment, as Rizzo’s high-contact lefty bat plays well in their ballpark and in a lineup that otherwise skews toward the right side.

Taillon has spent the past two years in the Bronx after coming over from the Pirates via trade. New York rolled the dice at the time, surrendering a few solid prospects for a pitcher who’d missed the 2020 season after undergoing the second Tommy John surgery of his career. Taillon rewarded their faith, posting the #3/4 starter-type numbers he had throughout his time in Pittsburgh. Over the past two years, the right-hander owns a 4.08 ERA through 61 starts in a hitter-friendly environment. He’s punched out a slightly below-average 21.9% of opponents but only walked 5.7% of batters faced, holding the opposition to a .242/.290/.426 line.

Heading into his age-31 season, Taillon is one of the better options in a class full of mid-rotation starters. He averages around 94 MPH with his fastball, throws plenty of strikes and has flashed the ability to both miss bats and keep the ball on the ground at times in his career. Taillon never became the ace some may have expected when he was drafted second overall back in 2010, but he’s a rock-solid league average starter. Clubs may have some trepidation long-term about the two Tommy John procedures in his past, but the only injured list stint he’s required in the last two years was a two-week absence in September 2021 for an ankle issue. The Yankees do have a number of rotation options, but there’s enough uncertainty with players like Luis SeverinoDomingo Germán and Clarke Schmidt they’d seem content to welcome Taillon back if he accepts the QO.

Walker’s going to decline a $6MM player option in favor of a $3MM buyout, leaving the Mets to decide whether to follow up with a QO. Signed over the 2020-21 offseason, the right-hander had a somewhat disappointing first season in Queens, posting a 4.47 ERA. He rebounded with a strong 3.49 mark in 157 1/3 innings this past season, taking the ball 29 times despite a minor early-season IL stint due to shoulder bursitis. He didn’t overpower opponents, striking out a slightly below-average 20.3% of batters faced, but he consistently threw strikes and got ground-balls at an above-average 46.2% clip.

Heading into his age-30 season, Walker looks the part of a useful mid-rotation starter. He battled some injury issues early in his career but has mostly been healthy the last two years. He averages a bit under 94 MPH on his fastball, is effective against hitters from both sides of the plate and is coming off arguably the best season of his career. Walker gives up a decent amount of hard contact, but that’s perhaps not as concerning for a Mets team that plays its home games in a pitcher-friendly ballpark as it would be to some other clubs. The Mets have a number of impending free agents in the rotation and as high a spending ceiling as any team in the game, so they could be content to absorb a heavy one-year salary for Walker.

Longshots

Entering the season, Clevinger looked like one of the higher-upside options in the class. He was coming off a 2021 campaign lost to Tommy John surgery, but he’d been excellent for the Indians and Padres from 2017-20. This year didn’t go well, though. Clevinger’s stuff was notably down from his pre-surgery form, and his results were below-average across the board. He finished the season with two abysmal playoff starts, and the Padres are probably content to let him sign elsewhere.

Eflin had a solid case for a three-year deal midway through the first half. The typically effective right-hander then lost two months with a right knee injury, an unfortunate continuation of knee troubles that have plagued him since before he began his career. Eflin has undergone multiple knee surgeries in the past, and while he didn’t need to go under the knife this year, the absence kept him to working in shorter stints out of the bullpen for the stretch run and the playoffs. Coming off that platform season, it’s hard to see the Phillies offering a salary approaching $20MM.

Kershaw’s an easy QO candidate in a vacuum. He’s still one of the game’s best pitchers on a rate basis, and a $19.65MM salary is a bargain for even the 126 1/3 innings of 2.28 ERA ball he gave the Dodgers this past season. Yet that was also true last winter, when the future Hall of Famer was coming off a 3.55 mark across 121 2/3 frames. The Dodgers opted against a QO — not because they were against guaranteeing him a lofty one-year salary, but because they wanted to give Kershaw more than the 10 days allotted to QO recipients to determine his next steps, as president of baseball operations Andrew Friedman later explained. Friedman has already implied they’ll do the same this winter.

San Diego acquired Manaea from the A’s in Spring Training, hoping to solidify an already strong rotation with a durable source of mid-rotation innings. The southpaw mostly delivered on that for the first half, posting a 4.11 ERA through the All-Star Break. His final couple months were a disaster, though. Manaea was barraged for a 6.44 ERA in the second half, coughing up 15 homers along the way. The Friars gave him just one postseason start, and he failed to make it out of the second inning while giving up five runs in a loss to the Phillies. Before these past few months, Manaea had a consistently solid track record, and his 2022 strikeout and walk rates are in line with his career marks. He should be a popular bounceback candidate in free agency, but as with Clevinger, it feels like the Padres are set to move on.

Profar can opt out of the final year and $7.5MM on his deal with San Diego. He’ll do so and beat that modest figure on the heels of a useful .243/.331/.391 showing over 658 plate appearances. Profar has put up slightly above-average offensive numbers in two of the past three seasons, but he’s now limited to left field after throwing issues pushed him off second base. Without much defensive value or a carrying tool at the plate, he’s not going to command a salary approaching the value of the QO in free agency.

Stripling had a strong 2022 season as a swing option for the Blue Jays. He started 24 of 32 appearances, tallying 134 1/3 innings of 3.01 ERA ball. The veteran righty doesn’t throw particularly hard, but he missed bats on a decent 11% of his offerings and only walked 3.7% of opponents. Stripling proved a surprisingly key piece of the Jays starting staff, but he’s headed into his age-33 season and had a ghastly 5.14 ERA from 2020-21. Toronto could well look to bring him back, but his career track record doesn’t support a salary in the QO range.

Wacha put up a 3.32 ERA across 127 1/3 innings for the Red Sox this year, making good after inking a $7MM free agent guarantee. The righty didn’t dramatically overhaul his approach, though, posting lower strikeout and swinging strike numbers than he did during 2020-21 campaigns in which he combined for a 5.39 ERA over 37 outings. Wacha’s a solid strike-thrower and has given himself a shot at a multi-year deal, but it wasn’t the kind of resounding breakout that should position him for a salary pushing $20MM. Even for a Red Sox team that needs to overhaul its rotation, that’d be an eyebrow-raising investment, and it’s hard to imagine Wacha turning the QO down if offered.

Ineligible

All six of these players would’ve been at least plausible qualifying offer candidates, but they’re ineligible to receive one under the terms of the collective bargaining agreement. Teams can’t qualify any player who has previously received a QO in his career, nor are they allowed to tag a player they acquired midseason. The ‘previous QO provision’ rules out Abreu, Correa and Verlander; Bell and Benintendi were traded midseason. Syndergaard is ineligible on both accounts.

Starling Marte Undergoes Surgery To Address Core Muscle Injury

The Mets announced to reporters, including Tim Healey of Newsday, that outfielder Starling Marte underwent surgery on Tuesday to address a core muscle injury he sustained in the second half of 2022. He is expected to be “without restriction” by Spring Training and Mike Puma of the New York Post relays that the standard recovery time is about eight weeks. Deesha Thosar of Fox Sports relays that this is related to a groin injury he sustained in June.

Signed in the offseason to a four-year, $78MM deal, Marte’s first year as a Met resulted in another strong season at the plate. He hit .292/.347/.468 for a wRC+ of 136, indicating he was 36% better than the league average hitter. The injury didn’t seem to hamper him much, as Marte’s month-to-month numbers were fairly steady until September, when a finger fracture limited him to just five games.

It doesn’t seem as though the Mets have reason to be terribly concerned about Marte going forward, given the timeline. Eight weeks from now would be around the time the calendar flips to 2023, giving Marte plenty of time to ramp up physical activities prior to the beginning of Spring Training in February.

Nonetheless, it is a situation worth monitoring given the outfield picture of the Mets. Incumbent center fielder Brandon Nimmo is a few days away from becoming a free agent, creating an opening up the middle. Some have wondered whether Marte could simply slide over to fill that gap, given his previous center field experience.

General manager Billy Eppler recently spoke on the subject, saying that the Mets are willing to play Marte up the middle. However, that path is not without risk. Marte is now 34 years old and a year removed from regular playing time in center, having spent most of 2022 in right. The year before, the advanced defensive metrics weren’t exactly wowed by his work in center, as he was pegged with a -4 by Defensive Runs Saved, 0.9 by Ultimate Zone Rating and zero Outs Above Average.

Perhaps it will end up being a moot point, since the Mets are reportedly making it a priority to retain Nimmo. Though if Marte’s progress is at all delayed, it might only increase the club’s desire to bring Nimmo back and keep Marte in right field.

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

Earlier today, MLBTR’s Tim Dierkes outlined what each team would have to surrender as compensation if it signed a free agent who rejected a qualifying offer.  Now, let’s take a look at what each team would receive in return if one of their free agents turned down a QO and signed with another club.  (As a reminder, players can’t be issued a qualifying offer more than once during their careers, and this year’s QO is set for $19.65MM.)

Revenue Sharing Recipients: Diamondbacks, Orioles, Reds, Guardians, Rockies, Tigers, Royals, Marlins, Brewers, Twins, Athletics, Pirates, Mariners, 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.  That means a pick that could fall within the top 30, since the Mets’ and Dodgers’ first selections dropped out of the first round because they exceeded the luxury tax threshold by more than $40MM.  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 (roughly 75th-80th overall).

This winter’s free agent class doesn’t consist of many players who are plausible QO candidates from any of these team, except for possibly Mariners outfielder Mitch Haniger.  If Seattle did issue Haniger a qualifying offer, however, the compensation issue might still be a moot point since there is a chance Haniger might just accept the offer (after an injury-shortened season) and remain with the M’s.

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

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).

Dansby Swanson (Braves), Willson Contreras (Cubs), and Carlos Rodon (Giants) will all surely receive qualifying offers.  Cardinals third baseman Nolan Arenado would’ve also been an obvious pick, except he chose to avoid free agency altogether in deciding to not opt out of his contract.

Competitive Balance Tax Payors: Red Sox, Dodgers, Mets, Yankees, Phillies, Padres

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 2023 draft.  That roughly works out to around the 140th overall pick in the draft, so it’s a pretty noteworthy drop from the 75-80 range from the previous grouping.

The penalty is more significant in this particular offseason, given how many of these teams have very prominent free agents that will surely receive qualifying offers.  The Yankees have Aaron Judge, the Dodgers have Trea Turner and maybe Tyler Anderson, the Red Sox have Xander Bogaerts and probably Nathan Eovaldi, and the Mets have a full quartet — Jacob deGrom, Edwin Diaz, Chris Bassitt, and Brandon Nimmo.

Exceeding the tax line can be seen as the cost of doing business, given how five of the six payors made the playoffs and the Phillies are competing for the World Series.  For the Red Sox, however, crossing the CBT threshold is doubly painful, as Boston didn’t even post a winning record in 2022.

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

As part of the new collective bargaining agreement, MLB and the MLBPA allowed for the creation of an international amateur draft.  As this was something MLB was pushing for, the proposed tradeoff was the elimination of free agent compensation.  The two sides reached their overall CBA in March, but included a July 25th deadline for the possible international draft/free agent compensation trade.  The two sides failed to reach an agreement by that July deadline, so the qualifying offer system for free agent compensation that was agreed to 11 years ago remains in place.

The qualifying offer is set at $19.65MM this offseason, and by mid-November we’ll know which players received and turned down a QO.  Certain star free agents, including Aaron Judge and Trea Turner, are locks to receive and turn down a qualifying offer.  A dozen others could easily join them.

If those players sign with new teams, here’s a look at the draft picks each signing club would lose.

Competitive Balance Tax Payors: Red Sox, Dodgers, Mets, Yankees, Phillies, Padres

If any of these six teams signs a qualified free agent from another team, it must forfeit its second-highest and fifth-highest pick in the 2023 draft. The team will also have its international signing bonus pool reduced by $1MM.

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

These 14 teams received revenue sharing and did not exceed the competitive balance tax. If one of these teams signs a qualified free agent, it forfeits its third-highest pick. These teams face the smallest draft pick penalty.  The Twins and Mariners are realistic possibilities to sign a qualified free agent, while the Orioles and a few other revenue sharing recipients may lurk as dark horses.

All Other Teams: Braves, Cubs, White Sox, Astros, Angels, Giants, Cardinals, Rangers, Blue Jays, Nationals

These 10 remaining teams would forfeit their second-highest pick and and have their international signing bonus pool reduced by $500K. The penalty is something of a middle ground.

What happens if a team signs two qualified free agents? The CBA calls for forfeiture of the next highest available draft pick. For example, if a team has already lost its second and fifth-highest picks and it signs a second qualified free agent, it would lose its third and sixth-highest picks. So as in the past, if you’ve already signed one qualified free agent, the draft pick cost to sign another is reduced.

The Opener: World Series, Mets, Brewers

Welcome to The Opener, our new weekday morning series here at MLBTR! Nick Deeds will take you through three things to watch around MLB, with our typical hot stove leaning.

Here are three things we’ll be keeping an eye on around the baseball world:

1. The World Series Sees Its Second No-Hitter

After watching Lance McCullers Jr. give up five home runs while Ranger Suarez shut the lineup out in Game 3, Astros fans were no doubt feeling a bit queasy headed into a Game 4 against Aaron Nola, one of the best pitchers in the NL. Just as they did in Game 1, however, the Astros lineup managed to get to Nolan, striking for five runs in the fifth inning. However, the Astros’ offense wasn’t the story of this game — Cristian Javier struck out nine over six shutout innings to combine with Bryan Abreu, Rafael Montero, and Ryan Pressly for a no-hitter. It was the second no-hitter in World Series history (preceded by Don Larsen’s perfect game in the 1956 World Series), and just the third-ever postseason no-hitter (also at Citizens Bank Ballpark, Roy Halladay tossed a no-no in the 2010 NLDS). While there’s still plenty of baseball to be played this November, it’s worth noting that both Larsen’s Yankees and Halladay’s Phillies went on to win their respective series. For tonight’s pivotal Game 5, the Phillies will start Noah Syndergaard against Houston’s Justin Verlander.

2. The Mets Brace For Losses, Eye Additions In Free Agency

After a 101-win season that ended abruptly at the hands of the Padres in the Wild Card series, the Mets now face some significant free agent losses, and center fielder Brandon Nimmo and closer Edwin Diaz are reportedly the free agents New York wishes to retain the most. Mets owner Steve Cohen is certainly unafraid of making a splash in free agency, and the team will have to devote some more resources to rebuilding it rotation, as three starters (Jacob deGrom, Chris Bassitt, and Taijuan Walker) are likely to hit free agency this offseason, and a fourth could join them if the Mets decline Carlos Carrasco‘s club option. Few players with deGrom’s level of potential impact exist in the game, much less on the free agent market, but Verlander and Carlos Rodon are both arms who could take deGrom’s place alongside Scherzer at the top of the rotation in Queens. The likes of Nathan Eovaldi, Jameson Taillon and Tyler Anderson represent possible mid-rotation replacements for Bassitt, while Walker’s quality back of the rotation production could be replaced by a variety of pitchers, including Syndergaard, Corey Kluber, or Sean Manaea.

3. Brewers Face Tough Decisions In Arbitration

In yesterday’s opener, we discussed the massive arbitration class the Rays have heading into 2023, with their 19 players being the most of any club. Milwaukee isn’t far behind with an 18-player class that is projected to receive $79.9MM, and thus the Brewers are set to approach their 2023 payroll even before making additions this offseason. While there are some non-tender candidates in the group, most of the significant money in Milwaukee’s arbitration class is tied up in productive players too valuable to just cut, so a trade of one of these more expensive names (i.e.Hunter Renfroe, Willy Adames) could make some sense. Of course, then the Brewers face the new problem of finding adequate replacements for their production for a lower price. Whatever path he may choose, GM Matt Arnold’s first offseason at the helm of the Brewers’s front office will be one to follow.

Mets Prioritizing Retaining Brandon Nimmo And Edwin Díaz

The Mets have a huge batch of players departing their roster for free agency in the coming days, a list that includes Brandon Nimmo, Tyler Naquin and almost the entire bullpen, including closer Edwin Díaz. That group is likely to be joined by Jacob deGrom, Chris Bassitt and Taijuan Walker, who all either have opt-outs they can trigger or options they can turn down. However, the Mets are most interested in retaining Díaz and Nimmo out of that group, according to Andy Martino of SNY.

The club’s interest in Nimmo is fairly understandable for a few reasons. For one thing, Nimmo is very good, having been above-average at the plate in each of the past six seasons. For his career, he’s gotten into 608 games and has walked in 13.6% of his plate appearances, much better than league average, producing an overall batting line of .269/.385/.441. That production is 34% better than the league average hitter, as evidenced by his 134 wRC+, with Nimmo putting up the same number in 2022.

Nimmo is also a serviceable defender in center field, though defensive metrics disagree on exactly how effective he is on the grass. Defensive Runs Saved gave him a -3 this year, but a +4 last year. Ultimate Zone Rating was at -0.4 in 2022 after giving Nimmo a 2.9 in 2021. Outs Above Average was the most optimistic, pegging him with a six this year and a three last year.

Perhaps most importantly, Nimmo stayed healthy this year, getting into 151 games in the regular season and three more in the playoffs. Health has often been a question mark around Nimmo, with 2022 being just the second time he’s gotten into more than 100 games in a campaign. However, he played 55 games in the shortened 2020 season and 92 last year, meaning he’s going into free agency on the heels of a fairly strong three-year stretch in the health department.

What also adds to Nimmo’s appeal is the fairly weak crop of free agent center fielders this year. Outside of Nimmo and Aaron Judge, who’s never been a full-time center fielder, the top option is probably the oft-injured Kevin Kiermaier. The Rays hold a club option for Kiermaier but are likely to turn it down given his down year and season-ending hip surgery. Cody Bellinger could join the market if the Dodgers decide to non-tender him, though the reason they might do that is because he’s hit so poorly over the past two years. Beyond that group, there aren’t a lot of realistic options who can be expected to secure everyday jobs. As the Mets watch Nimmo depart, the easiest path to filling his vacancy is to simply bring him back.

General manager Billy Eppler recently said that the club is open to moving Starling Marte from right to center, but also spoke highly of Nimmo. Given that Marte recently turned 34 and didn’t play much center this year, it would be a riskier move to ride with him as opposed to bringing Nimmo back. Of course, retaining Nimmo will mean beating the market and paying him to stick around. Given Nimmo’s talents and the dearth of more attractive options, he surely won’t be cheap.

As for Díaz, it’s fairly understandable that the club would want to retain him as well. He is one of seven relievers that the Mets are about to lose to the open market, meaning they will have to effectively rebuild their entire bullpen from scratch this winter. Starting with arguably the best reliever on the planet is a good way to kick things off. He pitched 62 innings with a tiny ERA of 1.31 in 2022. He did that by striking out 118 batters, an incredible rate of 50.2%. He also kept his walks at a reasonable 7.7% and got grounders on 46.9% of balls in play. He even added 2 2/3 innings of scoreless work in the postseason before the Mets were eliminated.

Given that excellence, Díaz will also be looking at a nice payday on the open market. The record deal for a reliever is the five-year, $86MM deal signed by the Yankees and Aroldis Chapman. Díaz has a compelling case that he’s currently as good as Chapman was then or perhaps even better. Since that contract is six years old at this point and inflation generally pushes contracts upwards over time, it’s entirely possible that Díaz sets a new record. Given that the Mets have so many holes to fill, there would be some sense in avoiding mega deals while spreading their money around, but there’s also no doubt that retaining Díaz adds a huge lockdown element to help them win close ballgames.

The fact that the Mets have set their targets on Nimmo and Díaz doesn’t necessarily mean that they are not interested in their other potential free agents, such as deGrom, Walker or Bassitt. Roster Resource estimates the 2023 payroll is around $231MM at the moment, though that will drop by about $40MM when deGrom and Walker trigger their opt-outs. Assuming the Mets pick up Carlos Carrasco‘s $14MM club option instead of the $3MM buyout, that will add $11MM back on. Factoring in a couple of non-tenders and the club could be around $200MM, give or take. Owner Steve Cohen has hinted at a $300MM spending limit, per Jon Heyman of the New York Post, which leaves plenty of room to make multiple signings if that’s the way the club wants to go. Of course, the players also have a say in the matter, as do the 29 other teams. The Mets will have many strands to follow this winter, even if Nimmo and Díaz are currently at the top of the agenda.

One other route the club has considered is bringing in another Díaz, as Martino reports that the Mets tried to acquire Alexis Díaz from the Reds at the deadline a few months back. Alexis is Edwin’s younger brother and Martino reports that the two are quite close. Seeing the two brothers form a fraternal one-two punch at the back of the bullpen would certainly be exciting, but prying him loose from Cincinnati won’t be easy. 2022 was his first season in the big leagues, meaning the Reds still have five seasons of control over his services, including two more campaigns before Alexis even qualifies for a salary raise via arbitration. The debut could hardly have gone much better, as he tossed 63 2/3 innings with a 1.84 ERA and 32.5% strikeout rate, though his 12.9% walk rate was a few ticks above league average. He worked his way up the club’s depth chart as the season went on, earning 13 holds and 10 saves.

The Mets are reportedly hesitant to deal from their prospect depth at the moment, preferring to add to the big league team via free agency while they try to get their farm into good shape. That could make a deal unlikely to come together, though it adds another layer of intrigue to an offseason full of it.

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