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Anthony Rizzo Declines Player Option With Yankees

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NOVEMBER 7: Rizzo has officially exercised his opt-out clause, tweets Jon Morosi of MLB.com.

NOVEMBER 4: Aaron Judge will understandably dominate most Yankee-centric headlines for the foreseeable future, but he’s not the only pinstriped slugger who’ll have the opportunity to field interest from other clubs this offseason. First baseman Anthony Rizzo’s two-year, $32MM contract with the Yankees contained even salaries of $16MM per year and allows the longtime Cubs star to decline a 2023 player option and return to the open market if he chooses. The Athletic’s Jim Bowden writes that Rizzo is planning to do just that, which isn’t a huge surprise given the season that Rizzo put together in the Bronx.

Rizzo, 33, did post a low batting average but piled up walks and extra-base hits en route to a .224/.338/.480 batting line through 548 trips to the plate in 2022. He slugged 32 home runs, knocked 21 doubles and even chipped in a triple and six stolen bases. His 18.4% strikeout rate was his highest since 2014 but was still well shy of the 22.4% league average. Similarly, his 10.6% walk rate was a good bit higher than the league-average mark of 8.2%. All in all, wRC+ (which adjusts for his home park and league-wide offensive environment) pegged Rizzo’s bat at 32% better than an average hitter.

On the defensive side of the coin, Rizzo’s once-sterling defensive grades have taken a tumble, but not to the point where he ought to be considered a liability. He checked in with negative marks in Defensive Runs Saved (-3) and Outs Above Average (-2) but did so over the course of more than 1000 innings. Rizzo has battled back injuries the past couple seasons, which could help to explain some of the downturn with the glove. He received an epidural injection this summer and later began experiencing migraines, which cost him a couple weeks of action. Rizzo went 3-for-6 with a homer in his return contest following that IL stint.

Rizzo played in 11 fewer games in 2022 than in 2021, but at least with regard to his offensive performance, his 2022 season was better across the board. He had slightly more strikeouts but showed substantially more power (.256 ISO to .192), hitting more home runs in fewer plate appearances (32 vs. 22) and walking more often (10.6% vs. 9%). Overall, it was his best offensive showing since 2019. Though he will be another year older in 2023, the incoming ban on defensive shifts should benefit him. As a left-handed hitter without much speed, some of his grounders that were easy outs in 2022 could turn into singles going forward.

Given that this year’s production rather handily outpaced his 2021 output, there’s little reason to think Rizzo shouldn’t be able to expect at least the same type of two-year, $32MM pact he signed with the Yankees last offseason. The one scenario that might impact his earning power would be if he were to opt out and be saddled with a qualifying offer, but the $19.65MM value of this year’s QO represents a noticeable bump from the $16MM he’s scheduled to earn in 2023. Rizzo would be wise to decline the player option if only to push the Yankees to make that QO and put himself in a position to secure that raise. If they don’t make the QO, then another two- or even three-year deal could well be present for the slugger in free agency.

Bowden suggests that Rizzo would like to return to the Bronx on a longer deal. If that interest is reciprocated by the club, perhaps they could work something out even if the QO is involved. Such a scenario played out a few years ago when the White Sox gave a QO to Jose Abreu, who accepted it, but then they agreed to a three-year deal about a week later.

The Yankees have a good deal of uncertainty with their infield picture for next year, with not many players locked in. Josh Donaldson had a rough year at the plate and is about to turn 37, making it possible the Yanks look to move on from the last year of his contract. Gleyber Torres was decent at second but should see his contract rise to the $10MM range via arbitration. He’s still worth an investment like that but the club could also look to trade him and devote those resources to other parts of the roster. DJ LeMahieu should factor in here somewhere but he finished 2022 on the IL and will turn 35 next year. He’s probably best suited to a utility role as opposed to an everyday gig. Shortstop is a big mystery with Isiah Kiner-Falefa having a generally solid season with the glove but a few errors in the postseason cost him some playing time. There are youngsters available to take his job in Oswald Peraza, Oswaldo Cabrera and Anthony Volpe but none of those guys have proven themselves locks to be MLB-capable just yet.

If Rizzo does indeed trigger his opt-out, it would create one more issue for the Yankees to deal with on the dirt. If they are able to give him a contract that entices him to stay, it would be one step towards stabilizing things. If the parties can’t find common ground, the alternatives available to the Yankees on the free agent market include Abreu, Josh Bell and Trey Mancini, among others.

Rockies Hire Hensley Meulens, Warren Schaeffer To Coaching Staff

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The Rockies announced the final two members of their coaching staff, with Hensley Meulens coming to Colorado as the new hitting coach and Warren Schaeffer hired as the new third base/infield coach.

Meulens is a newcomer to the somewhat infamously insular Rockies organization, though his season as a player with the 1998 Diamondbacks and his long stint on the Giants’ coaching staff makes him a familiar face in the NL West.  After a lengthy playing career in the majors, Japan, South Korea, Mexico, and independent ball, Meulens worked in the minor leagues as a coach with the Orioles, Pirates, and Giants before being promoted to San Francisco’s MLB staff prior to the 2010 season.  Meulens worked as a hitting coach and bench coach over his decade on the Giants’ staff, earning three World Series rings along the way.

Since leaving the Giants, Meulens was the Mets’ bench coach in 2020 and then the Yankees’ assistant hitting coach in 2022.  The 55-year-old Meulens will now be tasked with replacing Dave Magadan as the Rockies’ hitting coach, and reinvigorating a Colorado lineup that (despite the thin air of Coors Field) has been average at best over the last few seasons.  In particular, Meulens will be the latest coach to challenge the problem of how to stabilize the wide home/away splits that many Rockies players have, as they adjust to playing in and out of the thin air.

The Rockies re-assigned former third base/infield coach Stu Cole to a new role in the organization, opening the door for Schaeffer’s first job on a big league staff.  Schaeffer was a 38th-round pick for the Rockies in the 2007 draft, and after six seasons as a minor league player, he became a coach and manager in Colorado’s farm system.  Over the last three seasons, Schaeffer has managed the Rockies’ Triple-A affiliate, and also worked as a third base coach and infield instructor in the same job.

Yankees Exercise Club Option On Luis Severino

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TODAY: The Yankees officially announced that Severino’s option has been exercised.

NOVEMBER 4: During a press conference this afternoon, Yankees general manager Brian Cashman said that the club will pick up their $15MM option on right-hander Luis Severino. Bryan Hoch of MLB.com was among those to relay the news on Twitter.

The news of the decision is not terribly shocking, as Severino is a bargain at that price as long as he’s healthy. After a couple of excellent seasons in 2017 and 2018 where Severino tossed over 190 innings in each and registered an ERA around 3.00 both times, he and the club agreed to a four-year, $40MM extension prior to 2019.

Unfortunately, the club hasn’t been able to recoup much on that investment so far. Various shoulder injuries limited Severino to just 12 innings in 2019, which was followed by Tommy John surgery in February of 2020. He eventually returned late in 2021, throwing just six innings, meaning he only threw 18 total frames over the first three years of the extensi0n.

In 2022, Severino was finally healthy for an extended stretch, though he did go on the 60-day IL from mid-July to mid-September due to a lat strain. Still, he was able to take the ball 19 times and throw 102 innings with a 3.18 ERA. He struck out 27.7% of batters faced while walking just 7.4% and getting grounders on 44.3% of balls in play. He also made two postseason starts and added another 11 innings there. While he hasn’t totally put the injury concerns behind him, that was still much more encouraging than anything the Yankees had seen from him since 2018.

The $15MM club option came with a $2.75MM buyout, making this a net $12.25MM decision. That number is only a few ticks above what a backend, innings-eating starter might get on the open market. For instance, Zack Greinke signed with the Royals for one year and $13MM and the Cubs claimed Wade Miley off waivers in order to pick up his $10MM club option. Severino has shown himself capable of being a front-end rotation member, making it an easy call to pick up that option.

Going forward, Severino should slot into a Yankee rotation that is already quite strong. Gerrit Cole, Nestor Cortes Jr. and Severino should form a solid front three. Frankie Montas dealt with shoulder issues this year but can be retained via arbitration for 2023 and should be slotted in as long as he’s recovered. That leaves a fifth spot open, with Domingo Germán and Clarke Schmidt both on hand as solid options for that. While most teams usually go into the offseason with major question marks in their rotations, the Yankees seem poised to be able to focus their attentions elsewhere, with the most obvious question being whether or not they can convince Aaron Judge to stay in the Bronx.

For Severino, he has one more season to try to put the injury concerns behind him before he heads to free agency for the first time in his career. Despite the setbacks, he is still in a good place for a nice payday since he will turn 29 in February and be a free agent going into his age-30 season. He’ll be looking to have a strong campaign in 2023, both to help the team win and to go into the open market on a high.

Yankees Notes: Judge Free Agency, LeMahieu, Kiner-Falefa

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Brian Cashman addressed reporters, including The Athletic’s Chris Kirschner, for the first time following the Yankees’ ALCS defeat to the Houston Astros. Cashman’s future was among the topics discussed, but the GM also took time to provide some insight on various areas of the playing roster.

Aaron Judge’s future with the organization will be the biggest question heading into the off-season, and Cashman says the team would ideally get a deal done soon if they’re to re-sign him. Judge is a strong favorite for AL MVP after hitting 62 home runs and posting a .311/.425/.686 slash line. A worst case scenario for the Yankees would be for them to miss out on Judge after his free agency drags long into the off-season and likely replacements have since signed elsewhere, so it makes sense that Cashman would prefer business to be completed swiftly.

“He’s gonna dictate the dance steps to his free agency because he’s earned the right to get there,” Cashman said. “We’ll see how it plays out. He’s the most important. If he came in here today and said, ‘I’m signing up. Let’s go,’ there’s still work to be done.”

Cashman wouldn’t offer much insight into the process, offering a “no comment” when asked if the Yankees and Judge had engaged in discussion since the end of the season. He also noted it’s more of a decision for Yankees owner Hal Steinbrenner as well. Cashman’s clearly stated he wants Judge back, but the ultimate decision will land at Steinbrenner’s feet as to how big of a contract he’s willing to hand out.

DJ LeMahieu struggled with a foot injury late in the regular season and wound up missing the entire post-season. The Yankees haven’t settled on a path forward for managing that injury in the off-season, but surgery remains on the table. LeMahieu posted a .261./.357/.377 line with 12 home runs this season, well short of the MVP-level offensive output he produced for the Yankees during 2019-20. The Yankees will hope a full recovery from the injury will allow LeMahieu to post better offensive numbers, but he’ll also turn 35 in 2023 and it’s perhaps unreasonable to expect much bounceback for the veteran. With four years and $60MM remaining on his contract, he’ll certainly be back in pinstripes though, but just where he fits in is up in the air and may depend on how the off-season plays out.

LeMahieu’s played plenty of first base with the Yankees, but that’s become less of a need since Anthony Rizzo joined the team last season. It’s already been reported that Rizzo is expected to decline his $16MM player option for 2023. It’s not much of a surprise given Rizzo had a strong season and is expected to benefit from shift restrictions next year. Cashman stated the Yankees will seek to re-sign Rizzo if he opts out. That could come in the form of a qualifying offer, but it seems likely Rizzo would decline that in favor of a multi-year deal.

The left side of the infield drew plenty of criticism throughout the season, and particularly during the playoffs, but Josh Donaldson and Isiah Kiner-Falefa are both controlled for 2023. Donaldson is owed $21.75MM while Kiner-Falefa is into his final year of arbitration and is predicted to make $6.5MM per MLBTR contributor Matt Swartz. Donaldson ranked eighth among qualified third basemen in Outs Above Average, but scuffled with the bat, hitting just .222/.308/.374 with 15 home runs. Kiner-Falefa was never expected to be a major offensive contributor, but defensive metrics were mixed on his glove work at shortstop, ranging from 28th in Outs Above Average to seventh in Defensive Runs Saved. While a change at third might be tricky given Donaldson’s significant salary, Cashman’s left the door open for change at shortstop, particularly given the impressive showing rookies Oswaldo Cabrera and Oswald Peraza made down the stretch. The Yankees also have top prospect Anthony Volpe getting close to the majors.

“I think Kiner was along the lines of what we expected,” Cashman said. “It gave us an opportunity to bridge the gap while the kids continued to develop because everybody in the industry, fans and teams alike, recognize that we have some pretty impactful prospects that we’re developing and needed some more time.”

In other bits of info from Cashman’s press conference, he said he wouldn’t discuss trading players but noted that outfielder Aaron Hicks would be back and that the team felt he still had something to offer. Hicks hit .216/.330/.313 in his age-32 campaign, and has $30.4MM and at least three years remaining on his contract. It’s worth adding here that manager Aaron Boone said today he wants to utilize Giancarlo Stanton in the outfield a couple of times a week next season. Stanton has largely played as a designated hitter of late, but factoring him into the outfield depth chart more regularly would affect Hicks’ playing time.

The Yankees are also hoping to bring back pitching coach Matt Blake. Hired out of Cleveland after the Yankees parted ways with Larry Rothschild in 2019, Blake is out of contract. The Yankees ranked third in the majors in team ERA with a 3.30 mark this year, behind only the Dodgers and Astros.

Latest On Brian Cashman’s Future

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Brian Cashman’s contract with the Yankees officially ended on October 31, but while he’s no longer an employee of the team, he continues to act as GM and the expectation is his contract will be extended, per Andy Martino of SNY. Jon Heyman of the NY Post is even more certain, citing a source saying there’s a “100 percent” chance Cashman returns.

Cashman has been with the Yankees since 1986, and served as their GM since 1998. During that time the team has gone to the World Series seven times, winning four championships, the last of which came in 2009. They’ve made the playoffs each of the past six seasons, but there’s been some frustration among Yankees fans over the team’s inability to get back to the World Series lately. That frustration does not appear to extend to owner Hal Steinbrenner though, and Martino cites the strong bond between Cashman and the Steinbrenners as reason to believe that even if a split were to happen, it would be amicable.

The expectation is that a renewal will happen, although Martino reports that while Cashman and Steinbrenner have discussed the future of the franchise recently, they haven’t talked on contract terms. Cashman’s previous contract was a five-year, $25MM deal signed in December of 2017. Nonetheless, it seems a near formality that Cashman’s contract will be renewed, and the Yankees can turn their attention to the playing roster moving forward, beginning with the enormous task of trying to re-sign Aaron Judge.

Previewing Upcoming Qualifying Offer Decisions

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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 Severino, Domingo 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.

Offseason Outlook: New York Yankees

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The Yankees just posted their 30th consecutive winning season and made the playoffs for a sixth straight year. Yet there’s an air of uncertainty hanging over the offseason, with a decent chunk of the roster reaching free agency, headlined by face of the franchise and AL MVP favorite Aaron Judge.

Guaranteed Contracts

  • Gerrit Cole, SP: $216MM through 2028. Can opt out after 2024 but team can void that by tacking on $36MM option for 2029.
  • Giancarlo Stanton, OF/DH: $160MM through 2027, including $10MM buyout on $25MM club option for 2028.
  • DJ LeMahieu, IF: $60MM through 2026.
  • Aaron Hicks, OF: $31.36MM through 2025, including $1MM buyout on $12.5MM club option for 2026.
  • Josh Donaldson, 3B: $27MM through 2023, including $6MM buyout on $16MM mutual option for 2024.
  • Harrison Bader, OF: $5.2MM through 2023.

Option Decisions

Total 2023 commitments (if Rizzo exercises option): $136.74MM
Total future commitments: $516.31MM

Arbitration-Eligible Players (projected 2023 salaries via MLBTR contributor Matt Swartz)

Free Agents

It’s no real secret the big question facing the Yankees this winter is whether or not they can convince Aaron Judge to come back. Spring extension talks got a little bit awkward, with the slugger and the club failing to come to an agreement. General manager Brian Cashman took the unusual step of announcing the details of their offerJudge turned down, which was for $213.5MM over seven years, an average annual value of $30.5MM. Judge was reportedly looking for an AAV around Mike Trout’s $36MM on a longer term.

Turning down a contract offer of that size was certainly risky, as many things could have gone wrong for Judge in 2022, including a serious injury. However, the bet paid off in about the best way imaginable, as he ended up having an outstanding season. Not only did he hit 62 home runs and set a new American League record in that category, he also flirted with a Triple Crown, stole 16 bases, played about half the year in center field and got good marks in the process. His final slash line of .311/.425/.686 amounts to goofy-looking numbers like a 207 wRC+ and a 211 OPS+. He was worth 11.4 wins above replacement per the calculations of FanGraphs and 10.6 from Baseball Reference. That fWAR total hasn’t been seen since from a position player since Barry Bonds. And if you’re the type that wants to ignore Bonds, you’re going back to Mickey Mantle in the late ’50s.

There’s no doubting Judge will get paid more than what he turned down, the question is who will pay him. Judge has been quite tight-lipped about his preferences, but that hasn’t stopped people from speculating. Some will point to the boos he received during the Yankees’ frustrating postseason and suggest perhaps Judge would prefer to go to the Giants, further from the pressures of New York and closer to his Bay Area family. Others suggest there’s no way the Yankees will allow the PR nightmare of letting their best player be pried away from them. The Dodgers are always a threat and are reportedly willing to move Mookie Betts to second base in order to fit Judge into the picture. Much ink will be spilled and many clicks will be generated until we know the correct answer.

The Yankees certainly have the payroll to make it happen if they want. Roster Resource estimates they’re currently slated to spend about $192MM next year. Picking up Severino’s option would add $12.25MM but Rizzo’s likely opt-out will subtract $16MM, getting them just under the $190MM mark. However, the club could then give him a qualifying offer, which is set at $19.65MM this year. If he were to accept, the payroll would climb to about $210MM.

Their Opening Day payroll in 2022 was $246MM, in the estimation of Cot’s Baseball Contracts. Even if they want to cap their 2023 spending around this year’s levels, they should have close to $60MM to work with, or around $40MM if Rizzo accepts the QO. Given that Judge’s home run chase generated plenty of ticket sales, merchandise sales and TV ratings, there’s certainly an argument for a bump. Also, the Yankees have been usurped as the big dog on the block, getting outspent by the Dodgers and Mets this year. Perhaps they would feel the time is right to retake that throne in order to retain such a special player.

However, baseball games aren’t won by individuals and the club will also need to think about the rest of the roster. The outfield is currently set to lose both Judge and Andrew Benintendi to free agency, leaving the options on the grass looking a little thin. Deadline acquisition Harrison Bader will be in center and sure to provide excellent defense as well as adequate offense, or perhaps better. Aaron Hicks is still around but he hasn’t been both healthy and good at the same time since 2018. The Yankees would probably love to find a way to move him, but shedding any notable portion of the roughly $30MM remaining on his contract looks unlikely. At the very least, they’d presumably want to keep him in a fourth outfield role if they can’t find a trade partner. Giancarlo Stanton is mostly a designated hitter, taking the field in 38 games in 2022, his highest such total since 2018. He turns 33 this month and can’t really be counted on for anything more than occasional stints on the grass.

Oswaldo Cabrera was an infielder in the minors but learned outfield on the fly in order to help the team out down the stretch. He had a nice debut but in a small sample of just 44 games. Estevan Florial has shown promise in the minors but hasn’t yet been able to transfer that to the majors. He’ll be out of options next year and will need a spot on the active roster or have to be designated for assignment. Tim Locastro has wheels but is best suited for a bench/pinch runner role since his bat hasn’t shown enough to earn a regular gig. If Judge is indeed compelled to return, then things look much better. He can slot into right field next to Bader, with some combo of Hicks, Cabrera, Stanton and Florial covering left. Without him, it obviously needs addressing, with the Yanks then having to turn to lesser options like Benintendi, Michael Brantley, Joc Pederson or Mitch Haniger. Even with Judge, the Yanks might be wise to add to this crew in order to bump Hicks down the depth chart and free up Cabrera to play the infield.

There are also some question marks on the infield. A year ago, the Yankees steered clear of the big free agent shortstops, evidently quite confident that prospects Oswald Peraza and Anthony Volpe could eventually take over the position. To that end, they acquired a placeholder in Isiah Kiner-Falefa, who had a typical season for him, combining strong defense with subpar offense. However, some defensive miscues put a dent in his postseason playing time. Peraza had a strong season in Triple-A and got up to the big leagues by the end of the year, appearing in 18 regular season games as well as three in the postseason. Volpe spent most of the year in Double-A but got up to Triple-A by season’s end. Neither Peraza nor Volpe has done enough to guarantee themselves the job just yet, which means it makes sense to tender IKF a contract for his final year of arbitration eligibility. If he is eventually leaped on the depth chart by one of the young guns, he can then slide into a utility role. There’s also the presence of Cabrera, who could be in this mix if he’s not needed in the outfield. Given those various options, it’s possible the Yanks will avoid yet another big free agent shortstop market. If they are confident enough in the youngsters, they could even consider trading Kiner-Falefa, though that certainly comes with risk.

Elsewhere on the infield, Anthony Rizzo had a strong season and seems likely to opt out of his deal, especially with the new shift ban set to help him out going forward. As mentioned earlier, it’s possible he receives and accepts a qualifying offer, which will be determined shortly after the offseason begins. Second base should be taken by Gleyber Torres, who bounced back at the plate after a rough 2021 where he lost the shortstop job for good. Given his escalating arbitration salary, it’s possible the Yankees consider trading him for help elsewhere (they reportedly discussed him with the Marlins in talks surrounding Pablo Lopez this summer) and then use one of their shortstop candidates at the keystone.

Josh Donaldson was solid in the field but saw his wRC+ drop to 97, his first time being below 117 since 2012. His strikeout rate also jumped up to 27.1%, easily the worst of his career, outside of a cup of coffee way back in 2010. He’s about to turn 37 and the club will have to wonder if they need to cut bait before he potentially declines even further. Due $27MM next year (including a buyout on a 2024 option), he certainly won’t have any trade appeal. The Yankees will have to determine whether it’s worthwhile to eat the majority of his contract to move him or bring him back and hope for stronger results.

Despite an injury-marred finish, it was a solid season for DJ LeMahieu. He could potentially replace Rizzo at first base but could also man the hot corner if the Yanks find a way to move Donaldson. Then again, since he’ll turn 35 next year, perhaps it would be wise to keep him in the utility role so that he doesn’t have to be counted on for everyday work. As 2022 showed, the Yanks can win games with a rotation of Rizzo, Torres, IKF and Donaldson with LeMahieu getting work all over. In 2023, the contributions of Cabrera, Peraza and Volpe should grow, which will help. It wouldn’t be insane to keep the group together, but they could also look to other options. The first base market features plenty of solid veterans like Josh Bell, Jose Abreu, Trey Mancini and Brandon Belt. The third base market is mostly composed of utility types like Jace Peterson and Aledmys Diaz.

Behind the plate, it’s likely the Yankees feel content with what they have. They decided to move on from the Gary Sanchez era and acquired a glove-first option in Jose Trevino. The bet seems to have paid off, at least in terms of defensive work. Trevino posted 21 Defensive Runs Saved, earned a 19.1 from the FanGraphs framing metric and was the Fielding Bible award winner behind the plate. Both of those numbers were the highest in all of baseball, allowing Trevino to be worth 3.7 fWAR despite hitting around league average for a catcher. Kyle Higashioka wasn’t quite as strong as Trevino but was still above-average on defense. For next year, they could target a bat-first catcher like Willson Contreras, or someone like Sean Murphy, who is good with the bat and the glove. But it doesn’t seem like that should be their highest priority since Trevino and Higashioka are both solid and set for modest arbitration salaries.

Turning to the rotation, the starting staff could be losing a valuable contributor in Jameson Taillon, but it should still be in good shape. Gerrit Cole led the majors in strikeouts again and will be back for more. Severino bounced back from three mostly lost seasons to have a fairly healthy campaign in 2022. He spent some time on the IL but still got over 100 innings after only pitching 18 total frames over 2019-2021. He’ll have his option picked up and will be around next year. Nestor Cortes Jr. will look to build on an excellent breakout campaign. Frankie Montas dealt with shoulder issues after being acquired from the A’s but will hopefully be healthy and back to his old self. They also have Domingo German and Clarke Schmidt as decent options for the back end. They’ll haver to decide whether to make Taillon a qualifying offer and, if they either opt against it or he declines, if they want to try to bring him back on a multi-year deal.

In the bullpen, the Yanks will see a couple of notable veterans moving on, as both Aroldis Chapman and Zack Britton are slated for free agency. Also, Chapman and the team seemed to have a falling out after he skipped a team workout that occurred as the Yankees were waiting to see who they would face in the ALDS, and it seems highly unlikely he’ll be back. A Britton return is possible, but he’s no sure solution after two injury-plagued seasons. Miguel Castro and Chad Green are also heading to the open market, though Green is likely to miss at least part of 2023 after undergoing Tommy John surgery in May. The bullpen will also be without deadline acquisition Scott Effross, who required TJS in October.

With those subtractions, the remaining relievers include Clay Holmes, Jonathan Loáisiga, Wandy Peralta, Lou Trivino, Ron Marinaccio and others. There are certainly some solid arms in there, but there’s also room for some improvements. Holmes seemed to have the closer’s job on lock before scuffling midseason but then finishing strong. The top of the relief market will be Edwin Diaz, but there will be plenty of other available hurlers who could make sense, including Kenley Jansen, Craig Kimbrel, Brad Hand, Chris Martin or Rafael Montero.

As for who’s running the ship, there doesn’t seem to be much doubt there. Cashman is in the final few months of his contract but that doesn’t appear to be an issue. The last time this happened was 2017 and a new contract wasn’t hammered out until December of that year. It seems he’ll eventually get the paperwork sorted to stick around; Jon Heyman of the New York Post suggested that’s the likeliest outcome earlier this week. Manager Aaron Boone is under contract for 2024 with a club option for 2025. Some fans have called for his head after the disappointing playoff performance of the club, but Boone recently got a vote of confidence from owner Hal Steinbrenner.

All in all, there are many questions facing the Yankees this winter. Will they trade any of Donaldson, Hicks or IKF? How much do they spend on the bullpen, and do they get a proven closer? Is Rizzo back or do they need to address first base? But those all seem like trivial matters when compared to the massive question at the center of everything. Will Aaron Judge return to the only organization he’s ever known, or will he swap out the pinstripes for something new? It’s the biggest question of the offseason — not just for the Yankees, but for the entire league.

In conjunction with this post, Darragh McDonald held a Yankees-centric chat on 11-4-22. Click here to read the transcript.

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

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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

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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.

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