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D-backs Had Interest In Devin Williams Prior To Yankees Trade

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The Diamondbacks are known to be on the lookout for high-leverage options in the bullpen — general manager Mike Hazen has said as much on record — and they spoke to the Brewers about a potential deal for Devin Williams before Milwaukee traded him to the Yankees, John Gambadoro of Arizona Sports 98.7 reports.

On the one hand, it’s entirely unsurprising that a team seeking a leverage arm would throw its hat into the ring with regard to Williams. On the other, it’s at least tangentially notable, given the number of similarly priced late-inning arms on the market. If the Snakes were trying to engage the Brewers on Williams, it stands to reason that Cardinals closer Ryan Helsley, Rays closer Pete Fairbanks and perhaps Houston’s Ryan Pressly are all of varying levels of interest. (At $14MM, Pressly costs significantly more than the other listed options, it should be noted.)

The bullpen market, unlike in many recent offseasons, has been slow to develop this winter. That could be in part due to the presence of names like Williams, Helsley, Fairbanks and Pressly (among others) all potentially being available. To this point, the only signings of note have been Aroldis Chapman (one year, $10.75MM to the Red Sox), Blake Treinen (two years, $22MM back to the Dodgers), Yimi Garcia (two years, $15MM back to the Blue Jays) and Jordan Romano (one year, $8.5MM to the Phillies). None of the market’s top relievers have come off the board, save for righty Clay Holmes, who signed a three-year deal to convert to a starting role with the Mets.

After last week’s Winter Meetings drew to a close, D-backs general manager Mike Hazen told Nick Piecoro of the Arizona Republic that both free agent and trade scenarios are still in play. Arizona did not complete any deals at last week’s event, but Hazen expressed confidence that the groundwork for future transactions was laid.

“There’s free-agent situations and trade situations that are both out there for all the areas that we’re looking at,” said Hazen, who is also looking for help at first base. “Trying to find what combinations go together in different ways is part of what we’re discussing right now.”

The top names still on the free agent market include Tanner Scott, Jeff Hoffman and Carlos Estevez. All figure to command multi-year deals, with Scott in particular standing a chance at landing four years. That type of contract length could be an issue for the D-backs. Under Hazen, they’ve never signed a free agent reliever for more than two years and never gone higher than a $7MM annual value (as shown in MLBTR’s Contract Tracker). The market has plenty of intriguing one-year options as well, though any of David Robertson, Kirby Yates or Kenley Jansen would require pushing well past that $7MM highwater mark.

Latest On Yankees’ First Base Search

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The Yankees have been linked to such free-agent first baseman as Christian Walker and Pete Alonso this winter, and talks seemingly remain ongoing in some form with the Cubs about Cody Bellinger’s availability.  Recent reports suggest that the Yankees and Cubs are upwards of $10MM apart in deciding how much of Bellinger’s salary will be covered by Chicago, and the New York Post’s Jon Heyman writes today that not much has changed in the stalemate between the two clubs.  As Heyman puts it, “it’s a matter of ’who blinks first,’ if ever.”

If none of these targets end up being a fit, the Yankees are “also considering” several other backup plans.  According to Heyman, these options include signing free agent Carlos Santana, or exploring a trade for the Guardians’ Josh Naylor or the Rangers’ Nathaniel Lowe.  Given how Yankees GM Brian Cashman usually casts a wide berth in checking in on numerous players every offseason, it’s probably safe to guess that more than just these aforementioned first basemen have drawn some level of interest from New York.

Signing Santana would be the most straight-forward and cost-effective move of the bunch, as Santana will almost surely require just a one-year guarantee because he is entering his age-39 season.  Despite his age, Santana rebounded from a few middling seasons to post a .238/.328/.420 slash line and 23 home runs for the Twins over 594 plate appearances in 2024, while also winning the AL Gold Glove at first base.  The combination of offense and defense translated to 3.0 fWAR for Santana, the third-highest of his 15 Major League seasons.

This production will merit Santana a raise on the $5.25MM he received in his one-year deal with Minnesota last winter, but concerns over his age and possible regression will probably limit his salary.  Signing Santana would also be a relatively low-upside play, whereas trading for Naylor or Lowe represents a higher ceiling for production.

Trading for Lowe would also mean more than just a one-year commitment, as the first baseman is arbitration-controlled through the 2026 season.  Projected for a $10.7MM salary this year, Lowe is coming off another solid season that saw him hit .265/.361/.401 with 16 homers over 565 PA, and Lowe also delivered quality defense as a Gold Glove finalist behind Santana.

There was a little buzz about Lowe’s possible availability heading into the trade deadline last summer, but nothing in the way of concrete reports that Texas was seriously considering moving the 29-year-old.  In re-signing Nathan Eovaldi and trading for Jake Burger, the Rangers are certainly aiming to return to contention in 2025, but moving Lowe to address another need on the active roster is a plausible tactic.  Since the Rangers are known to be looking for left-handed hitting, however, however, dealing such a lefty swinger in Lowe would only serve to tilt the lineup further to the right.

Trading Naylor would also be an imperfect move for a Guardians team that needs offensive help, but Cleveland has typically looked maximize its return on notable players by trading them before they reach free agency.  Naylor is therefore a more clear-cut trade candidate than Lowe, and Naylor’s projected $12MM arbitration salary won’t break the bank.  While Lowe or the switch-hitting Santana would also be good fits hitting at Yankee Stadium, the short porch in right field seems taylor-made for Naylor’s left-handed power bat, and it is easy to imagine Naylor topping his career-best total of 31 homers (set in 2024) over a full season in the Bronx.

Kyle Manzardo and Jhonkensy Noel are the likeliest candidates to step in at first base for the Guardians if Naylor is traded, though that is putting extra pressure on a pair of inexperienced players, plus the Guards would also need some extra first base/DH depth in that scenario.  Cleveland is also in need of outfield help, though the Yankees might not be a fit in that sense since they’re looking for outfielders themselves in the wake of Juan Soto’s departure.

Details On Yankees’ Pursuit Of Kyle Tucker

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Before Kyle Tucker was traded from the Astros to the Cubs, the Yankees were known to be one of the teams also vying to land the star outfielder.  Reigning AL Rookie of the Year Luis Gil was reportedly of interest to the Astros in these trade talks, but New York ultimately turned down Houston’s demand for Gil and infield prospect George Lombard Jr. in exchange for Tucker, according to USA Today’s Bob Nightengale.

It makes for an interesting contrast to the trade package that the Astros did accept from Chicago.  Lombard and prospect Cam Smith could be viewed as essentially a match as recent first-round draft picks, though Smith is higher regarded in the view of MLB Pipeline (Smith is 73rd on their top-100 prospect list and Lombard isn’t on the list).  Gil is a controllable pitcher who has already made a name for himself at the big league level, so Isaac Paredes and Hayden Wesneski represent something of a split of those two resume points.  Wesneski is controlled through 2029 and has a solid 3.93 ERA over his 190 Major League innings, but he isn’t considered to have quite Gil’s ceiling, so making up that difference could’ve been achieved by adding a proven hitter like Paredes.

Landing three players instead of two obviously allowed the Astros to address more needs, as Paredes can help fill one of Houston’s corner infield vacancies and Wesneski brings rotation depth.  Gil would’ve been a more clear-cut installation into the Astros rotation and perhaps then necessitated another trade, since the Astros on paper have a surplus of rotation options.  However, since Luis Garcia and Lance McCullers Jr. are both returning from lengthy injury absences, the Astros might also want to see how things play out in Spring Training before dealing an arm, lest the club again get caught with a lack of depth in the rotation.

Interestingly, the Yankees did indeed trade a starting pitcher and an infield prospect for a prominent star player with one year remaining before free agency, except rather than Gil/Lombard for Tucker, it was Nestor Cortes and Caleb Durbin going to the Brewers for closer Devin Williams.  The two trade packages have some differences, of course, as Cortes is a year away from free agency, and was viewed a more expendable part of New York’s pitching mix since he was relegated to bullpen duty in the playoffs and was floated in trade rumors at the deadline.  Durbin is also over five years older than Lombard and is considered to be on the verge of his MLB debut, whereas Lombard has yet to reach even the Double-A level.

The timing of the negotiations between the Astros and Yankees was perhaps also a factor.  If the Yankees were already well down the road in talks with Milwaukee about Williams, that might’ve made the Bronx Bombers less likely to deplete their pitching and prospect depth even further by accepting the Astros’ offer for Tucker.  Some New York fans might well wonder “why not both?”, as even without Gil or Cortes, the Yankees still have a projected starting five of Gerrit Cole, Carlos Rodon, Clarke Schmidt, Marcus Stroman, and newly-signed frontline arm Max Fried.  Acquiring both Tucker and Williams would’ve left the Yankees still in search of infield help and now a “sixth starter” type of depth arm, but those are perhaps minor question marks compared to the upside of bringing both an All-Star outfielder and All-Star closer into the mix.

Gil is a known quantity to baseball fans, but the 19-year-old Lombard was the 26th overall pick of the 2023 draft.  Baseball America and MLB Pipeline each rank Lombard as the third-best prospect in New York’s farm system, viewing him as a very solid all-around player with five-tool potential, even if he perhaps lacks a true plus-plus calling card.  Lombard has played mostly shortstop in the minors and evaluators feel he can stick at the position, but he has also seen time at second and third base.  Lombard’s approach and overall hitting potential are both considered good, though he hit only .231/.338/.334 over 497 combined plate appearances with A-level Tampa and high-A Hudson Valley in 2024.

Cubs Notes: Hoerner, Third Base, Bellinger, Steele

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The Cubs made a massive splash on the trade market yesterday when they landed star outfielder Kyle Tucker is a blockbuster deal with the Astros. The club surrendered a hefty package of All-Star third baseman Isaac Paredes, 2024 first-rounder Cam Smith, and right-handed youngster Hayden Wesneski in order to make the deal, however, and the loss of Paredes in particular may have changed some of the club’s offseason plans.

Second baseman Nico Hoerner has reportedly been available in trade talks this winter, with the Mariners in particular being said to have interest in the infielder. According to Ken Rosenthal of The Athletic, however, it’s possible that the club’s thinking involving Hoerner has changed in the aftermath of yesterday’s deal with the Astros. Rosenthal notes that the Cubs were motivated to trade from their infield mix in order to open up playing time for top prospect Matt Shaw, who hit a sensational .298/.395/.534 in a late-season cup of coffee at the Triple-A level and appears ready to make the jump to the major leagues.

Shaw was drafted as a shortstop, but is a bat-first prospect who has spent time at both second and third base in the minors since being selected with the 13th-overall pick in the 2023 draft. While Shaw has typically been considered a more natural fit at second than third due to questions about his arm strength, the youngster logged 580 1/3 innings at the hot corner in the minors this past year and seems to be a natural choice to replace Paredes in Chicago’s infield mix next year. That, according to Rosenthal, leaves the Cubs “likely” to keep Hoerner in the fold headed into next season.

It’s at least possible another addition changes those plans, as USA Today’s Bob Nightengale reported earlier today that the club is in the market for third base help following yesterday’s deal. It’s unclear if such an addition would be a part-time player who could offer insurance in case Shaw proves to not be quite ready for the majors or if the Cubs are pursuing more of a regular option at the hot corner, but it would seem likely at this point that the Cubs may only seriously entertain a Hoerner trade going forward if they’re able to land a regular third baseman, thereby allowing them to replace Hoerner with Shaw at the keystone.

While Hoerner may be staying put in Chicago, the same cannot be said for Cody Bellinger. The 2019 NL MVP has been known to be on the trade block all winter due to the outfield logjam the Cubs experienced late in the 2024 season, when Bellinger was vying with Seiya Suzuki, Ian Happ, Mike Tauchman, and top prospect Pete Crow-Armstrong for regular playing time. That logjam already led the Cubs to non-tender Tauchman, and the introduction of Tucker as the surefire everyday starter in right field only further emphasized that Bellinger figures to play in another uniform next year.

The Yankees appear to be perhaps the most aggressive suitor for Bellinger this winter, though reports have previously indicated that the sides remain apart on how much of Bellinger’s contract the Cubs should retain. Peter Botte of the New York Post provided additional details about the situation yesterday, reporting that the sides are “more than $10MM” apart in their negotiations. That’s a hefty gap the sides will need to bridge in order to come together on a deal, as it represents more than a third of Bellinger’s $27.5MM salary for the 2025 season. Freeing up money in order to improve other areas of the roster seems to be one of the primary motivators for the Cubs in trading Bellinger. According to RosterResource, the club’s luxury tax payroll sits at just under $215MM after the Tucker deal, and clearing as much of Bellinger’s $26.67MM average annual value off the books as possible would greatly increase Chicago’s financial flexibility as they look into improving their rotation by dealing for a starter like Mariners righty Luis Castillo or Marlins southpaw Jesus Luzardo.

Speaking of the rotation, Patrick Mooney and Tim Britton of The Athletic recently took a look at the possibility of an extension between the Cubs and left-hander Justin Steele. The pair report that Steele and the Cubs have not engaged in extension talks to this point, though they note that the Cubs frequently use the start of Spring Training as an opportunity to explore extensions with players as they’ve done with Hoerner and Happ in the past before ultimately getting deals done closer to Opening Day.

The 29-year-old lefty is certainly an intriguing extension candidate. Steele is under team control for three more seasons and doesn’t sport high-end velocity or massive strikeout rates. With that said, his results have been undeniably excellent in three seasons since he joined the rotation on a full-time basis. In 427 innings of work across 78 starts over the past three years, Steele has posted a 3.10 ERA (134 ERA+) with a nearly matching 3.14 FIP. He generates grounders at a strong 48.5% clip and has limited walks to just a 5.7% rate over the past two seasons after struggling somewhat with his control in 2022. Among starters with at least 300 innings over the past two years, only Gerrit Cole has allowed a lower ERA than Steele’s 3.07, while his 3.11 FIP ranks third behind Sonny Gray and Logan Webb.

Yankees Acquire Devin Williams For Nestor Cortes, Caleb Durbin

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The Winter Meetings might be done, but the big trades aren’t. The Yankees and Brewers on Friday agreed to a trade sending star closer Devin Williams to New York in exchange for left-hander Nestor Cortes, infield prospect Caleb Durbin and a reported $2MM in cash.

Both Williams and Cortes are entering their final seasons of club control, and both were projected by MLBTR contributor Matt Swartz to earn $7.7MM in 2025. Milwaukee will still come out ahead a couple million dollars, which is of some moderate note, as the Brewers are working on an extremely tight budget this winter. Durbin, meanwhile, is a second baseman with experience at the hot corner. He was added to the Yankees’ 40-man roster ahead of the Rule 5 protection deadline and is likely to slot in at second or third base in 2025, with one of Brice Turang or Joey Ortiz moving to shortstop in place of Willy Adames, who signed with the Giants as a free agent.

Williams, 30, is one of the game’s elite relievers. The 2020 National League Rookie of the Year, he boasts a career 1.83 earned run average with 68 saves, 60 holds, a 39.4% strikeout rate and 48.1% ground-ball rate in his big league career. Command has been an issue at times (11.8% walk rate), but Williams’ utterly devastating changeup — nicknamed the “Airbender” — is one of the most dominant pitches in the entire sport. He’s finished off 2299 big league plate appearances with that pitch, during which opponents have posted a comically feeble .139/.223/.200. The pitch boasts a preposterous 23% swinging-strike rate.

Among pitchers with at least 200 innings pitched since 2019, Emmanuel Clase (1.67) is the only pitcher with a better ERA than Williams’ 1.83 mark. No other pitcher is within even 40 points. (Jacob deGrom is next, at 2.24.) In that same time, only Josh Hader and Edwin Diaz have posted higher strikeout rates than Williams’ 39.4%. Only Gerrit Cole has a higher mark in terms of win probability added. Hader is second in WPA among relievers, but his 12.46 mark isn’t close to Williams’ 14.24. Sports Info Solutions credits Williams’ changeup as far and away the most valuable pitch of its type in the majors.

Dominant as Williams has been, he’ll come to the Yankees with some recent injury concerns. A stress fracture in his lower back caused the right-hander to miss the first four months of the 2024 season. Williams wasn’t activated for his 2024 debut until July 28. Once healthy, he generally looked like his dominant self, rattling off 21 2/3 innings with a microscopic 1.25 ERA, a massive 43.2% strikeout rate and an unsightly 12.5% walk rate (that was largely mitigated by his near-unparalleled ability to rack up strikeouts). Of course, the lasting memory for many fans will unfortunately be the backbreaking three-run homer that Williams surrendered to Pete Alonso in Milwaukee’s NLDS loss to the Mets.

Similarly, one of Cortes’ final moments as a Yankee is one he’d like to forget. The left-hander served up a walk-off grand slam to Freddie Freeman in Game 1 of the World Series — the first of four Gibson-esque home runs the hobbled L.A. first baseman swatted en route to World Series MVP honors. As with Williams, there are some notable 2024 health concerns; Cortes gutted his way through a late-season flexor strain to return to the Yankees in the postseason. Cortes was also limited to 12 starts in 2023, thanks to a strain in his rotator cuff. Clearly, both clubs are satisfied with the medical reports on the veterans they’re acquiring.

Cortes, who just turned 30, has been a rock-solid mid-rotation arm when healthy in recent seasons. Dating back to his 2021 breakout with the Yankees, he’s pitched 489 innings with a 3.33 ERA, 25.2% strikeout rate and 6.2% walk rate. The ERA is skewed by the 4.97 mark he logged in ’23 when dealing with that shoulder strain, but Cortes has been quite effective in three of the past four seasons.

In 2024, Cortes pitched a career-high 174 1/3 innings while sitting a career-best 92.1 mph with his four-seamer. The lefty fanned 22.8% of his opponents and notched a career-best 5.5% walk rate. If he can deliver anything close to that, the Brewers will surely be thrilled. Adding to the rotation was a significant need for the Brewers this offseason, but they’ve been operating with minimal resources as they try to find creative ways to do so.

Cortes will give Milwaukee an experienced arm to slot in behind Freddy Peralta, Brandon Woodruff (returning from 2023 shoulder surgery), Aaron Civale and diamond-in-the-rough Tobias Myers. The Brewers also have lefties Aaron Ashby and DL Hall as rotation candidates, plus young righties Carlos Rodriguez, Logan Henderson and Chad Patrick on the 40-man roster but likely ticketed for Triple-A.

With a full, healthy season, there’s a chance Cortes is a more valuable pitcher on the whole than Williams. He’s been worth about 10 wins above replacement over the past four seasons, per both Baseball-Reference and FanGraphs (even when accounting for his poor showing in an injury-marred 2023 season). For the Yankees, however, he was no more than sixth or seventh on the depth chart — not with Gerrit Cole, Max Fried, Carlos Rodon, Luis Gil, Clarke Schmidt and Marcus Stroman all on the roster.

For the Yankees, the deal is about not only beefing up their bullpen during the regular season but more specifically about bolstering their postseason roster, where Williams would be a focal piece and Cortes would be relegated to a lower-leverage relief role. In that sense, there are some parallels with the 2022 Jordan Montgomery/Harrison Bader swap: ship out a starter who’s not in the playoff rotation in exchange for someone who’ll have greater impact on postseason results. In the end, the trade involves both teams dealing from areas of strength.

The Milwaukee bullpen, after all, was one of the best in baseball last season — even in a year where Williams missed two-thirds of the year. The Brewers’ collective 3.11 bullpen ERA ranked second in the sport, and they were top-10 in terms of FIP (3.78, seventh), walk rate (8.3%, ninth) and K-BB% (15.5, tenth). With Williams out of the picture, they’ll likely look to Trevor Megill (2.72 ERA, 27.3 K%), Joel Payamps (3.05 ERA, 25.1 K%) and Bryan Hudson (1.73 ERA, 26.8 K%) for late-inning work. The previously mentioned Ashby (1.37 ERA, 36.8 K%, 19 1/3 innings) and Hall (3.00 ERA, 26.5 K%, 12 innings) also looked impressive when working as relievers.

The other major piece of the puzzle for the Brewers, of course, is the 24-year-old Durbin. Milwaukee lost Adames to free agency this offseason and has been in search of infield help but with scant money to spend. Durbin could slot in at second or third base, with one of Ortiz or Turang sliding over to shortstop. He could also simply give the Brewers a versatile utility option with intriguing contact skills and speed.

Durbin, who came to the Yankees from the Braves in exchange for Lucas Luetge, spent the bulk of the 2024 season in Triple-A Scranton Wilkes/Barre. He missed more than two months after being hit by a pitch on the wrist in May, but when he was healthy he was quite impressive. An infielder from the Altuve mold, Durbin is listed at just 5’6″ but nevertheless hit .287/.396/.471 (129 wRC+) with 10 homers and 31 stolen bases in 82 Triple-A games (375 plate appearances). He walked more than he struck out, drawing a free pass in 12.5% of his plate appearances versus a 9.9% strikeout rate.

With Durbin having missed a notable chunk of the season, the Yankees sent him to the Arizona Fall League to pick up some extra reps. He thrived there, hitting .312/.427/.548 with another five home runs and an AFL-record 29 stolen bases in 24 games (117 plate appearances). As he did in Triple-A, Durbin recorded more walks (17) than strikeouts (six).

Durbin has yet to take a single big league plate appearance, but the success he’s had in Triple-A and in the Arizona Fall League — coupled with the Brewers’ needs in the infield — give him a legitimate chance to break camp with the club. He might need to earn his way into a starting gig this spring, and his ultimate role will depend on any subsequent moves the Brewers make, but he’s very clearly an option to help the club in 2025. As it stands, he’s controllable through at least the 2030 season.

ESPN’s Jeff Passan first reported the Yankees and Brewers were finalizing a Williams trade. Will Sammon of The Athletic reported that the deal was in place. Robert Murray of FanSided first reported that Cortes was in the deal. Durbin’s inclusion was first reported by Bob Nightengale of USA Today. Bryan Hoch of MLB.com reported that there was cash in the deal, and Nightengale chimed in with the exact amount.

MLBTR Podcast: Winter Meetings Recap

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The latest episode of the MLB Trade Rumors Podcast is now live on Spotify, Apple Podcasts, and wherever you get your podcasts! Make sure you subscribe as well! You can also use the player at this link to listen, if you don’t use Spotify or Apple for podcasts.

This week, host Darragh McDonald is joined by Tim Dierkes, Steve Adams and Anthony Franco of MLB Trade Rumors to discuss…

Check out our past episodes!

The podcast intro and outro song “So Long” is provided courtesy of the band Showoff.  Check out their Facebook page here!

Yankees, Wilking Rodríguez Agree To Minor League Deal

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The Yankees and right-hander Wilking Rodríguez have agreed to a minor league deal, reports Aram Leighton of Just Baseball. The righty will presumably receive an invite to big league spring training as well.

The Yanks previously signed Rodríguez to a minor league deal in August of 2022. He had been pitching for Tecolotes de los Dos Laredos in the Mexican League that year, posting a 2.01 earned run average over 44 2/3 innings. He struck out 43.2% of batters faced for that club, limiting walks to a 7.7% clip.

That intrigued the Yankees but evidently also the Cardinals. The Cards took Rodríguez in the 2022 Rule 5 draft, a surprising pick since the righty was going into his age-33 season and most Rule 5 picks are guys in their 20s still looking to make their major league debuts. Rodríguez had been in the majors long before, throwing two innings for the Royals in 2014 before spending years away from affiliated ball.

The unorthodox pick didn’t work for the Cards, as Rodríguez required shoulder surgery and spent the entire 2023 season on the injured list. He was outrighted off the roster after that campaign and then re-signed with the Cards on a minor league deal. He spent most of 2024 on the minor league IL and only made 13 appearances.

Though it’s been a rough couple of years, Leighton relays that Rodríguez has been pitching in winter ball of late and hitting 97 miles per hour on his fastball. The Yankees were clearly interested in him a couple of years ago and have circled back to him now that he has perhaps gotten over his injury woes.

The Yankees made a big bullpen addition today by acquiring Devin Williams from the Brewers but all clubs need to reach into their non-roster pitching depth throughout a long season as injuries are inevitable.

Anthony Santander Reportedly Seeking Five-Year Deal

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Free agent slugger Anthony Santander is one of the top power bats on the market this winter and has drawn interest from a wide array of suitors, including the Red Sox and Blue Jays. Jon Heyman of the New York Post writes that Santander is also of interest to the Yankees, now that Juan Soto is in Queens, and adds that the longtime Orioles slugger is seeking a five-year contract in free agency.

The switch-hitting Santander is coming off a career year in which he belted a personal-best 44 home runs. He’s heading into his age-30 season and doing so on the heels of a .235/.308/.506 batting line (129 wRC+). Santander doesn’t hit for much average and typically carries a pedestrian (at best) walk rate, but he’s been a consistent source of power for the O’s in recent seasons. Dating back to 2020, the former Rule 5 pick is a .245/.312/.476 hitter with 134 home runs, a 7.8% walk rate and a 20.6% strikeout rate. This past season’s 8.7% walk rate was the best of Santander’s career, while his 19.4% strikeout rate was his second-lowest in a full 162-game season.

Defensively, Santander hasn’t generated particularly strong reviews in recent seasons, but his work in 2024 drew harsher grades than usual. Defensive Runs Saved pegged him at -7, while Statcast’s Outs Above Average was at -2. Santander’s average sprint speed, per Statcast, sat in just the 18th percentile of big league players this past season (26.0 ft/sec). His raw arm strength was better than average, but Statcast still pegged his throwing value as well below average, likely suggesting some inaccurate and/or ill-advised throws.

Historically speaking, there’s some precedent for this skill set — defensively limited, corner-only slugger — still landing a five-year pact. Nick Castellanos comes to mind as the most recent example, having inked a five-year, $100MM deal with the Phillies just three winters ago. That same offseason saw Kyle Schwarber sign for four years and $79MM with the Phils. Prior to that, J.D. Martinez landed a five-year, $110MM deal with the Red Sox to serve as a full-time DH.

Each of Castellanos (140 wRC+), Schwarber (145) and especially Martinez (170) were coming off superior offensive seasons in free agency, however. Of the three, only Castellanos received and rejected a qualifying offer. Neither Schwarber nor Martinez were eligible for qualifying offers when they reached free agency, as both were traded during their respective walk years — Martinez from Detroit to Arizona, and Schwarber from Washington to Boston.

All of those reasons factored into MLBTR’s decision to “only” predict a four-year deal worth $20MM per season for Santander at the outset of free agency. Of course, in the six weeks since our Top 50 Free Agent Rankings were published, the market has proven to be the most aggressive in recent memory. While the position player market hasn’t yet to fully take shape beyond Juan Soto’s expectation-shattering $765MM contract, it’s been a bull market for starting pitching. Whether that will carry over to the offensive side of the market remains unclear, but Santander appears well positioned to cash in.

The Yankees, who were spurned by Soto, have already spent a stunning $218MM on Max Fried and just earlier today acquired Devin Williams from the Brewers. They still have a hole in right field, however, and while Santander wouldn’t make up for all of the lost production from Soto, “Tony Taters” would offer comparable home run power (with lower averages and dramatically lower on-base skills). Similarly, the Blue Jays have been trying to make a splash to upgrade their lineup but came up empty in their Soto bid. The Red Sox don’t need another corner bat at the moment, but if they deal from their stock of outfielders to acquire additional starting pitching, that calculus could change. Other teams seeking middle-of-the-order bats include the Nationals, Tigers and Dodgers, among others.

Santander’s market is in many ways linked to that of Teoscar Hernandez, a similarly powered-up bat with defensive questions and a rejected qualifying offer hanging over his head. Hernandez is two years older and thus seems likely to sign a shorter deal, but he could still land three or perhaps even four years if the market is strong enough.

Latest On Yankees’ Offseason Plans

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The Yankees’ offseason was largely focused on Juan Soto until he agreed to a new deal with the Mets, which has pushed the Yanks towards various backup plans. They now have agreements in place with Max Fried and Jonathan Loáisiga but there’s still plenty more work to be done. They are seemingly looking for an outfielder, a couple of infielders and more bullpen help. That could come from further free agent signings but they also have a rotation surplus that could help them on the trade market.

One name they have frequently been connected to is Cody Bellinger of the Cubs. He is capable of playing either the outfield or first base, two spots where the Yankees need help, though Mark Feinsand of MLB.com reports that the Yanks probably view Bellinger as a better fit in left field.

The Yanks are expected to move Aaron Judge back to right field, after he served as the club’s primary center fielder while sharing the roster with Soto. Now that Soto is gone, it seems the plan is to give Jasson Domínguez a chance to seize the center field job, with Trent Grisham around as a glove-first insurance option. They would still need a solution in left, since Alex Verdugo is now a free agent, though Bellinger is a possibility there. Bellinger has played left field far less than center or right but there’s no reason to think he couldn’t handle himself over there.

Lining up with the Cubs on value may be an issue, however. Jon Heyman of The New York Post reports that the Cubs are hoping for the Yankees to take on most of his remaining contract, while the Yanks think the Cubs should be eating some more money in the deal.

Bellinger had a chance to opt out of his deal last month and didn’t take it, which implies that he thinks his current contract is better than what he could get on the open market, at least for now. He is set to make $27.5MM in 2025, then with a choice between a $5MM buyout or a $25MM salary in 2026. If he were a free agent right now, he could perhaps secure a long-term deal with a guarantee larger than the $52.5MM he’s currently owed, but his current deal has short-term appeal. There is still a path towards him having a good season in 2025, banking $32.5MM this year and returning to the open market.

That would be the best case scenario for the Yankees or any acquiring team. If Bellinger produces at a level commensurate with that salary and leaves, that’s a nice scenario for the upcoming campaign. But there’s also the alternate reality where he disappoints, it overpaid this coming season and then sticks around for 2026 as well.

Bellinger’s inconsistent career makes either path possible to see and teams will have differing opinions about which is more likely or what they are willing to risk for the right to take a chance. At the moment, it seems the Yankees and Cubs aren’t in alignment on the calculations but Heyman says progress has been made this week.

Though he won an MVP award back in 2019, Bellinger struggled immensely in 2021 and 2022 while trying to get back in form after shoulder surgery. His past two seasons have both been good but to varying degrees. He hit .307/.356/.525 for a 136 wRC+ in 2023 while stealing 20 bases, but then hit .266/.325/.426 for a 109 wRC+ this year while swiping nine bags.

Another possible target area for the Yanks is third base. They do have Jazz Chisholm Jr. as an in-house possibility there, but he could move him to second base if they were to acquire someone like Nolan Arenado or Alex Bregman for the hot corner.

The Cardinals are exploring the market for Arenado, who has a full no-trade clause. It was reported earlier this week that Arenado is willing to approve trades to six teams. The Yankees weren’t on there but it’s possible that the list wasn’t exhaustive. Feinsand relays that it’s expected Arenado would approve a trade to the Bronx. That’s a logical conclusion since Arenado seems to want to play for a contender and there’s no doubting the Yanks qualify there. They just made it to the World Series and are clearly being aggressive in ramping up for another push next year.

Arenado hasn’t been his usual self over the past two years, however, and it’s fair to wonder if he can get back there now that he’s on the cusp of his 34th birthday. He hit .293/.358/.533 for a 149 wRC+ as recently as 2022 but has slashed a combined .269/.320/.426 for a 104 wRC+ over the past two years. His strong third base defense still makes him an attractive option but, like Bellinger, he’s making notable money. He is set to make $74MM over the next three years, though the Rockies are covering $10MM of that and there are also deferrals.

Bregman is likely viewed as a better option in the short term, but there are complications. He’s going into his age-31 season, making him notably younger than Arenado. He doesn’t quite have the same defensive reputation but is above average in the field. He hit .260/.315/.453 for a 118 wRC+ inf 2024 and was even better after an early-season slump. He hit .280/.329/.509 from May 9 through the end of the year for a 137 wRC+.

But as a free agent, he’s going to command a contract larger than what’s left on Arenado’s deal. MLBTR predicted him for a contract worth $182MM over seven years and the market has been hot so far this winter, so that might be selling him short at this point. There’s also the lingering resentment from the 2017 sign-stealing scandal that was eventually brought to light, creating enough bitterness that general manager Brian Cashman brought it up unprompted during a recent appearance on MLB Network. However, Bryan Hoch of MLB.com reports that Bregman’s involvement in that scandal would not stand in the way of the Yankees pursuing him.

In the bullpen, both Feinsand and Hoch mention that the Yankees are interested in left-hander Tanner Scott for their bullpen. He just wrapped up a season in which he posted a 1.75 earned run average, 28.6% strikeout rate, 12.2% walk rate and 50% ground ball rate. The Yankees have a longstanding affinity for ground ball guys and don’t really have a left-handed reliever on the roster at the moment, with Tim Hill and Tim Mayza now free agents.

Scott would be a great fit but should be popular and could earn a notable contract. MLBTR predicted him for $56MM over four years and the aforementioned hot market could make that estimate low at this point.

As the Yankees assess those possible acquisitions, they are also going to be fielding offers on their starting pitchers. They now have Fried, Gerrit Cole, Carlos Rodón, Luis Gil, Clarke Schmidt, Nestor Cortes and Marcus Stroman as established rotation options, plus depth pieces like JT Brubaker, Cody Poteet, Will Warren and others. Cortes and Stroman have been in trade rumors before but Hoch reports that Gil and Schmidt have drawn interest and Cashman tells him that the club will be “open-minded to all possibilities.”

It’s unsurprising that Gil and Schmidt would draw interest. Gil just won American League Rookie of the Year after posting a 3.50 ERA for the Yanks. Schmidt had a 2.85 ERA but was limited by injury to just 16 starts. Gil is still in his pre-arbitration years and can be controlled through 2028 while Schmidt is projected for a modest $3.5MM next year by MLBTR contributor Matt Swartz and can be controlled through 2027.

Storman and Cortes would have less trade value. Stroman is coming off a middling season in which he posted a 4.31 ERA and got bumped from the rotation by the end of the year. He’s going to make $18MM next year and could also unlock a player option of the same value for 2026 if he pitches 140 innings next year. Cortes is now one year away from free agency with a projected $7.7MM salary next year. He had a decent 3.77 ERA this past year but his strikeout rate fell for the third year in a row and he missed a lot of time due to injuries in 2023.

Though Gil or Schmidt would have more value to another club, that’s also true of the Yankees. Their competitive balance tax number is now estimated at $264MM, per RosterResource, meaning they are already over the second tax tier of $261MM and within striking distance of the $281MM third tier. Going over that third tier leads to escalating penalties and also the club’s top draft pick being pushed back ten spots. That is seen as a line for some clubs but the Yanks just finished 2024 with a CBT number of $313MM, so it may not be any kind of red line.

There are still various paths forward for the Yanks via free agency and trade. They’ve also been linked to Christian Walker, Kyle Tucker and plenty of others. Though it’s now the middle of December, their offseason is still very much in the early stages.

Red Sox Acquire Carlos Narvaez From Yankees

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The Red Sox acquired catcher Carlos Narváez from the Yankees for minor league pitcher Elmer Rodriguez-Cruz and international bonus pool space. Boston designated infielder Enmanuel Valdez for assignment to open the necessary 40-man roster spot.

Narváez, 26, is a depth catcher who has been on New York’s 40-man roster since last offseason. The Venezuela native reached the majors for the first time in July. He appeared in six games, collecting three singles and two walks in 15 plate appearances. Narváez had a good year in Triple-A, hitting .254/.370/.412 with 20 doubles and 11 home runs through 403 plate appearances. He walked at an excellent 13.9% clip while striking out 26.1% of the time.

The righty-hitting Narváez strikes out a lot, but he walks enough to reach base at a solid rate. Connor Wong was the only catcher on Boston’s 40-man roster. Narváez is now the favorite for the backup job by default, though the Sox will probably look for a more established veteran in the coming months. Narváez has a pair of minor league options and could begin next season at Triple-A Worcester.

New York had five catchers on the 40-man roster. Austin Wells and Jose Trevino form the MLB duo. J.C. Escarra, who finished the season in Triple-A, secured a 40-man spot at the end of the season. Carrying Narváez and Escarra was redundant, so the Yanks cash in the former to take a flier on a young pitcher.

Rodriguez-Cruz, 21, was Boston’s fourth-round pick three years ago. The 6’3″ righty has worked as a starter in the low minors. Rodriguez-Cruz had a nice season between Low-A and High-A, working to a 2.91 ERA with a 27.2% strikeout percentage across 89 2/3 innings. The Puerto Rico native issued free passes at a lofty 11.5% clip. He’ll need to dial in his command if he’s to stick as a starter. He’s an intriguing developmental flier for the Yankees to land for a player who was at the back of the roster.

New York also picks up an undisclosed amount of money it can use to sign an international amateur before the end of the signing period on Sunday. To be clear, the signing bonus space is unrelated to Roki Sasaki. The Japanese star will be part of next year’s amateur class. Teams cannot trade for 2025 bonus allotments until that signing period begins on January 15.

Valdez gets pushed off the roster after a disappointing season. The lefty-hitting infielder posted a .214/.270/.363 slash with six homers through 223 plate appearances. That’s a big drop from last year’s intriguing .266/.311/.453 showing over 49 games as a rookie. Valdez spent a good portion of the season in Worcester, where he had a league average .233/.330/.446 line in 50 contests.

Boston has five days to trade Valdez or put him on waivers. He still has a minor league option remaining and has a career .254/.345/.473 line over parts of three Triple-A seasons. Between that and his ability to bounce between second and third base, there’s a good chance he’ll find a new home within the next week.

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