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Yankees Acquire Mark Leiter Jr.

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The Yankees announced that they have acquired right-hander Mark Leiter Jr. from the Cubs. In return, the Cubs will receive infielder Ben Cowles and right-hander Jack Neely. The Yankees had two open 40-man spots and jump to 39, while the Cubs drop down to 38.

Leiter, now 33, has been great for the Cubs over the past few years after a late-bloomer trajectory. The son of Mark Leiter and nephew of Al Leiter, the younger Mark made it to the big leagues by 2017 but didn’t impress in his first tastes of the show. By the end of 2018, he had a 5.53 earned run average in 114 big league innings. He then required Tommy John surgery early in 2019 and was on the shelf for an extended period of time. He signed a minor league deal with the Tigers in 2021 but didn’t get a call to the show.

A minor league deal with the Cubs going into 2022 turned into the opportunity he needed. He was selected to the big league roster by mid-April that year and eventually tossed 65 2/3 innings for the Cubs with a 3.99 ERA. He struck out 25.9% of batters faced while giving out walks at an 8.9% clip and kept the ball on the ground at a 48.9% rate.

Despite that generally strong work, he was nudged off the club’s roster in January of 2023. He had exhausted his final option year and so the Cubs designated him for assignment, with all 29 clubs passing on the chance to grab him off waivers. He elected free agency but re-signed with the Cubs on a minor league deal prior to the next season.

He was added back to the roster for Opening Day and has been a key part of the Chicago bullpen since then. Going back to the start of 2023, he has a 3.75 ERA in 100 2/3 innings. His strikeout rate is up to 30.9% in that time while he still has decent walk and ground ball rates of 8.8% and 47.1% respectively.

This year’s 4.21 ERA doesn’t look pretty but that’s mostly due to a tiny strand rate of 55%, well below the 71.9% league average. Since he’s striking out 34.9% of batters faced and also getting grounders at a 50.6% clip, his 2.11 FIP and 2.42 SIERA suggest he’s been about two runs better than his ERA would have you believe.

The Cubs have been balancing present and future needs at this deadline. Just over a week ago, president of baseball operations Jed Hoyer said that the club would be prioritizing “2025 and beyond” in their transactions. That didn’t necessarily point to a deadline selloff, as the club then went out and acquired Isaac Paredes from the Rays and Nate Pearson from the Blue Jays, with both of those players having multiple years of control.

But there were also some rumors that they might make some pitching available and there’s a logic to Leiter being moved out. Due to his unusual trajectory, Leiter still has a couple of years of club control remaining after this one. But given his age, the Cubs probably didn’t consider him a core piece of their future-focused agenda and made him available.

Those circumstances are likely also why the win-now Yankees wanted to get him. He only just qualified for arbitration for the first time coming into this season and is making $1.5MM, not much above this year’s $740K league minimum. The Yankees are slated to pay the competitive balance tax for a third straight year and finish well above the top tier. That means they face a 110% tax rate for any new spending, so Leiter’s minimal salary fits in nicely for them, and they can keep him around for two more years beyond this one.

While Leiter is cheap in terms of dollars, the Yankees have paid the price of two prospects to get him. Neely, 24, was an 11th-round pick in the 2021 draft. He’s been exclusively a reliever in his professional career, racking up significant strikeout totals. In 160 1/3 minor league innings overall, he has a 2.75 ERA, 38.8% strikeout rate and 9.4% walk rate. That includes 41 2/3 innings this year between Double-A and Triple-A with a 2.81 ERA, 36% strikeout rate and 9.1% walk rate. Baseball America currently lists him as the #20 prospect in the Yankees’ system.

Cowles, 24, was a 10th-round pick in 2021 and has played in 88 Double-A games this year. His .294/.376/.472 batting line leads to a strong 141 wRC+, indicating he’s been 41% better than league average. His .340 batting average on balls in play is high but he’s also got strong walk and strikeout rates of 10.3% and 17.7%, respectively. He also has 14 steals and has lined up at the three infield spots to the left of first base.

Both Neely and Cowles are Rule 5 eligible this winter, so the Yankees would have been facing a decision about whether or not to add them to their 40-man roster. Instead, they have cashed them in for an immediate bullpen upgrade, meaning those decisions will now transfer to Chicago.

Rob Zamparelli first reported on X that Leiter was headed to the Yankees. Jeff Passan and Kiley McDaniel of ESPN relayed the full trade on X.

Yankees Interested In Luis Rengifo, Kyle Finnegan, Lucas Erceg

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11:53am: Jorge Castillo of ESPN reports that the Yanks are more focused on pitching and acquiring Díaz is unlikely, which could perhaps apply to Rengifo as well.

11:49am: The trade deadline is just a few hours away now but teams are still scouring the market for upgrades. Per Jon Heyman of The New York Post on X, the Yankees have infielders Yandy Díaz and Luis Rengifo on their radar, as well as relievers Tanner Scott, Pete Fairbanks, Kyle Finnegan and Lucas Erceg. He adds that they could also look to add a starting pitching but might not meet the asking prices.

Some of those guys have already been connected to the Yankees in rumors. The connections with Rengifo, Finnegan and Erceg are new but also in line with their previously-reported pursuits. Even after adding Jazz Chisholm Jr. to the roster, they have seemingly still been looking for more infield help, which Rengifo could certainly help with.

The 27-year-old is in his third straight above-average offensive season. Since the start of the 2022 campaign, he’s hit .272/.323/.433 for a wRC+ of 110. He’s also stolen 35 bases in that time while bouncing to all three outfield spots and three infield positions to the left of first base. He’s not considered a strong defender at any one position but the ability to move all around is certainly attractive.

The Yanks are still trying to figure out their best alignment at the moment. Chisholm’s first game as a Yankee was in center field, where he has been spending most of his time in recent years. But then the Yanks moved him to third base last night, a position he had never played before. Now that Giancarlo Stanton is back and in the designated hitter slot, Aaron Judge moved to center field, flanked by Juan Soto and Alex Verdugo. Acquiring another infielder could result in Chisholm moving to second and bumping out Gleyber Torres, or perhaps Verdugo will get nudged out of the outfield mix.

Rengifo is making a modest $4.4MM this year, with roughly $1.5MM left to be paid out. That’s likely attractive to the Yankees as they are slated to be a third-time payor of the competitive balance tax and well above the top tier, meaning they will pay a 110% tax on anything they add to the ledger. He can also be retained via arbitration for 2025 and could perhaps slide into next year’s second base job with Torres slated for free agency after the current season. Verdugo is also an impending free agent, so perhaps Chisholm could be in the outfield with Rengifo on the infield. There’s also the looming Soto free agency to consider, though the Yanks are expected to be aggressive in trying to re-sign him. Rengifo has also been connected to clubs such as the Red Sox, Dodgers and Royals in recent weeks.

The extra year of control means that the Angels don’t have to move on from Rengifo but there would be logic in doing so as they haven’t been meaningfully competitive for quite some time. Now that Shohei Ohtani is gone and Mike Trout is having annual trouble staying on the field, the odds of them turning things around between now and the end of 2025 seem long.

Bullpen adds are generally on the radar of all contending teams and the Yanks are surely exploring all options there. Finnegan has been the Nationals’ closer for quite some time but is nearing the end of his window of club control, with one year remaining after this one. The Nats have already traded Hunter Harvey and Lane Thomas, two players that were also controllable through 2025, and Finnegan seems likely to move today as well.

He has a career 3.52 earned run average in 272 appearances. He has struck out 23.9% of batters faced, given out walks at a 9.4% rate and kept the ball on the ground at a 46.8% clip. That includes racking up 28 saves this year with a 3.48 ERA, 24.6% strikeout rate, 7.8% walk rate and 40.5% ground ball rate. He’s making $5.1MM this year.

Erceg can still be retained by the Athletics for five seasons beyond this one, but he’s a late bloomer who is now 29 years old despite his limited experience, which could tempt them to sell high. He has a 3.68 ERA this year, 26.3% strikeout rate, 8.3% walk rate and 50.5% ground ball rate. The fact that he’s pre-arbitration and therefore making a modest salary is surely appealing to the Yankees but the cost might be high. Even rental relievers are netting big returns at this year’s deadline so getting Erceg might take an uncomfortable haul.

Garrett Crochet Rumors: Deadline Day

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White Sox ace Garrett Crochet has been the hottest name on the trade market this month, both because of the Sox’ own failed attempt to extend him and because his camp has since indicated that the left-hander wants an extension before pitching in October for a new club. Crochet’s 114 1/3 innings this season have already eclipsed his prior career total. He’s said to be against a move to the bullpen, believing that staying on a starter’s routine is best for his health, and aiming for financial security before pushing his workload even deeper into postseason waters.

It’s rubbed many fans the wrong way to see such a business-like approach, and it’s taken many in the industry aback — White Sox GM Chris Getz included, apparently. Via Sox Machine’s James Fegan, Getz spoke with reporters yesterday and acknowledged that he was “surprised and taken back” by how Crochet’s camp handled the situation, particularly as he’d had a conversation with the left-hander’s agent at CAA just the night before.

“I think most fans and even players without knowing everything, it makes sense,” said Getz. “We understand why a stance would be taken. Now how you go about expressing that is what was a bit hurtful, quite honestly, considering I felt like we could have handled it a little bit differently and still I think everyone accomplished what they wanted to accomplish. … But Garrett and I are fine, we are good. I’ll continue to be one of his top supporters. In regard to how it affects the coming days, tough to tell.”

We’ll round up today’s Crochet chatter here and break out any major developments into their own posts…

  • USA Today’s Bob Nightengale reports that the White Sox have become increasingly optimistic that they’ll find someone to meet their asking price on Crochet even in the wake of his extension revelation. Per Nightengale, the Sox believe that they’ll trade Crochet between now and the 5:00pm CT deadline but expect to hang onto center fielder Luis Robert Jr. — as was reported to be the case regarding Robert just last night.
  • Both Ken Rosenthal of The Athletic and Bruce Levine of 670 The Score suggest that Crochet’s market remains strong. Rosenthal lists the Padres, Dodgers, Braves, Phillies, Red Sox and Orioles as teams with varying levels of interest. Levine echoes much of that same list and quotes an executive from a rival AL club stating the relative obvious: “You don’t get a chance to find a top pitcher like that often. You must get creative.”
  • The Yankees inquired on Crochet at some point but were told in those initial talks that the two parties “didn’t match up” in a trade, reports Jon Heyman of the New York Post. The Yankees could always revisit talks, particularly with so many alternative rotation options off the board. New York has been tied to Tigers righty Jack Flaherty as well, and the Yankees are seeking a rotation upgrade as they simultaneously explore the possibility of moving Nestor Cortes in a separate deal.

Yankees, Pirates, Astros In The Mix For Yandy Diaz

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9:38pm: In addition to the Yankees, both the Pirates and Astros are engaged with the Rays on Diaz, reports Cuban journalist Francys Romero.

Both teams make some sense for Diaz, though the Astros’ fit is clearer and more straightforward. Houston released Jose Abreu earlier this summer and has received a middling .232/.316/.354 output from Jon Singleton in his stead. The ’Stros already depleted the top end of a thin farm to acquire Yusei Kikuchi earlier tonight, however, making it tougher for them to win any kind of bidding war for a player of note.

The Pirates’ need at first base has quieted as they’ve enjoyed a resurgence from Rowdy Tellez since the calendar flipped to June. The lefty slugger touts a .331/.370/.595 line over his past 135 plate appearances. That said, Tellez has notable platoon splits in his career, and Diaz could also log time at both third base and designated hitter — particularly if the Bucs are comfortable playing Andrew McCutchen in the outfield more frequently. (Notably, outfielders Joshua Palacios and Ji Hwan Bae both exited tonight’s game with injuries.) More than anything, Pittsburgh simply needs more offense, so acquiring a quality hitter like Diaz and sorting out the playing time later has its own merits, even if the positional fit is less clean with Tellez’s recent hot streak and a franchise icon (McCutchen) serving as a near-everyday designated hitter.

8:35pm: The Yankees have been active in just about every facet of the trade market over the past week. They’ve landed Jazz Chisholm Jr. from the Marlins, looked into big-name starters like Giants lefty Blake Snell and Tigers righty Jack Flaherty, and simultaneously been gauging interest in lefty Nestor Cortes. Among the team’s other targets is Rays infielder Yandy Diaz, per The Athletic’s Brendan Kuty. The Yankees were also involved in the bidding for Isaac Paredes before he was traded to the Cubs, Kuty adds.

Adding some infield help makes good sense for the Yankees, who have Anthony Rizzo on the injured list while veterans Gleyber Torres and DJ LeMahieu have struggled throughout the season. Utilityman Jon Berti, acquired just prior to Opening Day, is on the injured list. Versatile Oswaldo Cabrera has faded after a hot start. Rookie Ben Rice has shown some power but entered play Monday hitting .196 with a .291 OBP (he’s since homered and bumped up those rate stats a bit). A brief look at veteran J.D. Davis didn’t work out.

Bringing Diaz aboard would give the Yankees an affordable veteran who can handle both infield corners, though he’s primarily played first base in recent seasons. The 32-year-old Diaz got out to a dreadful start in 2024 but turned things around emphatically after a slow first month. His season-long .270/.326/.397 line is more solid than it is eye-catching, but setting aside an uncharacteristic slump to begin the season, Diaz has turned in a robust .296/.348/.452 slash over a sample of just under 300 plate appearances. His superlative bat-to-ball skills have been on full display, as Diaz has fanned in a mere 13.7% of his plate appearances during that stretch and walked at a 7.5% clip. That walk rate is slightly below average, but Diaz has an 11.5% career mark in that regard.

Diaz’s approach is a particularly good fit with Yankee Stadium. Although he’s a right-handed hitter, he hits the ball to the opposite field at a hearty 30.3% rate — more than all but 16 hitters in baseball (min. 300 plate appearances). Diaz is batting .333 and slugging .505 when he goes the other way with the ball — numbers that would presumably tick up when playing half his games with that ever-alluring short right-field porch in the Bronx.

Diaz is in the second season of a three-year, $24MM contract. He’s earning $8MM on the year and is owed $10MM in 2025. There’s a $12MM club option for the 2026 campaign on the contract as well, which does not have a buyout. That backloaded contract is relatively steep for the Rays but far more palatable for the Yankees, even with their luxury-tax status. The Yankees are a third-time offender in the top tier of penalization, meaning they’d pay a 110% tax on the AAV of any contracts they add to the books. That creates some short-term pain, perhaps, but Diaz’s deal is more affordable than many free-agent options would be and the fact that he’s locked up through ’26 makes him an appealing multi-year option.

Yankees Discussing Jack Flaherty Trade, Planning To Deal Nestor Cortes If Completed

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The Yankees are in “extensive trade talks” for Tigers righty Jack Flaherty, according to Bob Nightengale of USA Today.  The Yankees plan to trade starter Nestor Cortes if they land Flaherty, adds Nightengale.  Earlier today, we learned that Flaherty has been scratched from tonight’s start against the Guardians, with a trade expected soon.

Flaherty, who will be a free agent after the season, has experienced a resurgence this season and is sporting a career-best 27.5 K-BB% through 18 starts.  The Tigers are 5.5 games out in the wild card and are a long shot to reach the playoffs, so Flaherty seems very likely to be dealt before tomorrow’s 5pm central time trade deadline.

The Yankees, meanwhile, are one game back of the Orioles in the AL East and currently hold a wild card spot.  The Yanks have limped to an 8-13 record in July, though they won their last two at Boston.  Senior vice president and GM Brian Cashman added Jazz Chisholm Jr. via trade yesterday, and is known to be seeking reinforcements for the pitching staff.

The New York Post’s Joel Sherman connected the Yankees to Flaherty on Saturday, and Sherman’s colleague Jon Heyman reported Cortes’ availability earlier today.  Flaherty would form a dynamic 1-2 punch with ace Gerrit Cole.  Even sans Cortes, the club could be adequately covered for the rest of the regular season with Carlos Rodon, Marcus Stroman, and Luis Gil, with Clarke Schmidt on the mend from a lat strain.  It’s also worth noting that Gil will surpass his professional career-high in innings (108 2/3) if he records five or more outs tonight in Philadelphia, so the Yankees may need to back off to keep him fresh for October.

Cortes, who leads the Yankees with 124 1/3 innings this year, owns a 4.13 ERA at present.  With a 17.4 K-BB%, he’s an entirely capable big league pitcher, though he lacks the strikeout stuff Flaherty has shown this year.  Cortes is under team control through 2025 as an arbitration eligible player, and will earn a raise on this year’s $3.95MM salary.

According to Cot’s Baseball Contracts, the Yankees’ competitive balance tax payroll currently sits around $315MM.  The club pays a 110% tax on anything above $297MM.  A Cortes-Flaherty contract swap-out would increase the team’s CBT hit by around $3.3MM for the remainder of the season, which would carry a tax of about $3.6MM.  But given that the Yankees are considering all sorts of different scenarios, we won’t know where the dust settles until about 24 hours from now.

Yankees Designate Jahmai Jones For Assignment

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The Yankees announced that have designated infielder/outfielder Jahmai Jones for assignment and reinstated designated hitter Giancarlo Stanton from the injured list. Joel Sherman of The New York Post reported the moves on X prior to the official announcement.

Jones, 26, was claimed by the Yankees in February. Out of options, he has lasted on the roster through roughly two thirds of the season but didn’t get much playing time in his bench role. To this point, he has been sent to the plate 47 times while appearing in 33 contests. He hit .238/.304/.381 while striking out in 34% of his trips to the plate, lining up defensively at second base, third base and the outfield corners.

Throughout the year, the Yanks have welcomed DJ LeMahieu back from the IL and acquired Jazz Chisholm Jr., bolstering their position player mix and nudging Jones off the roster. They will now have just over 24 hours to explore trade talks but might end up putting Jones on waivers.

Jones may receive interest due to his previous prospect pedigree. He was a second-round pick of the Angels back in 2015 and subsequently got some top 100 love but he hasn’t really had much of a chance to prove himself at the major league level. The Angels added him to their 40-man roster in November of 2019 but Jones has only appeared in 69 MLB games over the past five seasons, bouncing to the Orioles, Brewers and Yankees.

But his work in the minors has continued to be impressive. Over the 2021 to 2023 seasons, he drew walks in 15.2% of his plate appearances, only striking out 21.8% of the time. He slashed a combined .254/.378/.441 in those seasons for a 114 wRC+. He also stole 25 bases in that time in 34 tries. He exhausted his final option year in 2023, which is why the Yankees haven’t been able to send him down this year.

Between his solid Triple-A offense, his past prospect pedigree and his defensive versatility, it’s possible that some club may give him a chance for the final few months of the season, likely a rebuilding club that has playing time to offer. He came into 2024 with less than a year of service time, meaning he can be retained for five seasons beyond this one if things click for him.

Yankees Discussing Nestor Cortes In Trade Talks

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The Yankees are firm deadline buyers, but they’ve also been discussing left-hander Nestor Cortes with other teams, reports Jon Heyman of the New York Post. He adds an unexpected name to the starting pitching market — presumably one for whom the Yankees would prefer to add big league talent. (Heyman adds that the Yankees have some interest in Cardinals utilityman Tommy Edman but does not go so far as to suggest the two sides have discussed a Cortes-for-Edman swap.)

On the one hand, it’s always a bit surprising to see a win-now club of this nature discuss an active member of its rotation in trades. On the other, the Yankees went down a similar path just two years ago with another left-hander, Jordan Montgomery, when they traded him to the Cardinals in exchange for center fielder Harrison Bader.

At the time, Montgomery was a quality fourth option in a deep Yankees rotation but not one who was going to make the team’s postseason rotation. There’s similar context here. The Yankees could go with a postseason rotation including a combination of Gerrit Cole, Carlos Rodon, Marcus Stroman, Luis Gil and/or a returning Clarke Schmidt. There’s also the possibility that GM Brian Cashman adds a more impactful arm to the group before tomorrow’s deadline.

Cortes, 29, is in the midst of a generally solid season but has floundered of late. He’s pitched to a 4.13 ERA in 124 1/3 innings, striking out 22.5% of his opponents (right on par with league average) and issuing walks at a tiny 5% clip along the way. However, he’s run into a rough patch of late, failing to complete five innings in each of his past three starts and serving up a total of 15 runs over the course of 13 2/3 innings during that mini-slump.

Like Montgomery in 2022, Cortes is affordable ($3.95MM salary) and controlled for one additional year. A new team would be able to retain him for the 2025 season via arbitration. He’ll be owed a raise of some note but should still see his salary fall well shy of $10MM.

This hasn’t been Cortes’ best season, but he’s solidified himself as a quality big league starter — and taken a unique path to getting there. The Orioles selected Cortes out of the Yankees’ system in the 2017 Rule 5 Draft but designated him for assignment that April and returned him to the Yankees. Just 18 months later, Cortes was designated for assignment by the Yankees, this time getting traded to the Mariners for international bonus allotments. Things didn’t pan out in Seattle, and Cortes returned to the Yanks as a minor league free agent in the 2020-21 offseason.

Since returning to the Bronx, Cortes touts a 3.38 ERA in 439 innings. He’s entrenched himself into the New York rotation, but with their control over the lefty dwindling and a solid collection of alternative options on the big league roster, flipping Cortes for some big league help in the infield — be it Edman or any number of other infield options presently on the market — or an outfielder who could push Jazz Chisholm Jr. to second base more regularly could work to the Yankees’ benefit.

All that said, it’d be somewhat surprising if the Yankees moved Cortes and didn’t backfill the rotation with a different addition. Cole has only made seven starts after spending the first two months of the season on the injured list with an elbow issue. Gil looks to have recovered from a rough patch he hit in June, but he’s up to 107 1/3 innings after pitching only four innings last year while mending from Tommy John surgery. Schmidt has been on the injured list since late May due to a lat strain. Rodon, like Gil, hit a rough spot in June and has righted the ship of late — but his track record in New York is spotty, to put things lightly. Stroman’s results have been solid (3.64 ERA) but he’s sporting career-worst strikeout, walk and ground-ball rates (leading to a 5.22 FIP and 4.85 SIERA).

There’s some sense to moving Cortes to address needs in another area — but only if they’re also adding a starting pitcher who’d more concretely slot into a playoff rotation and make up the remainder of Cortes’ innings for the balance of the regular season. That’s a tricky tightrope to walk, but it’s one the Yankees have navigated in the very recent past.

Yankees Interested In Tommy Edman

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The Yankees are among the teams that have inquired with the Cardinals regarding the availability of infielder/outfielder Tommy Edman, according to The Athletic’s Katie Woo. The Yankees join the Dodgers, whose interest in Edman’s services was discussed earlier today, in inquiring after the versatile switch-hitter.

Edman, 29, has yet to make his season debut in the majors after undergoing wrist surgery last fall. The recovery from that surgery has taken much longer than expected, and while he’s begun a rehab assignment at the Double-A level, that’s come entirely as a DH. It seems unlikely that Edman, who hit just .248/.307/.399 in 137 games for the Cardinals last year, would garner much interest from any club as a DH-only player. Any suitor would likely need to be confident of Edman’s ability to play the field for them this year in order to make a deal.

While his health status is something of a question mark, it’s hardly a surprise that the Yankees would be interested in Edman’s services. After all, the versatile defender has experience at every position on the diamond besides first base and catcher and has shown the ability to be a plus glove at each of those positions. That combination of versatility and defensive excellence is rather rare and, in conjunction with a switch-hitting bat that has produced an almost exactly league average wRC+ of 99 throughout his career, it would make Edman a valuable piece for almost any team. The Yankees, who have gotten below average production from virtually every spot in the lineup not occupied by Juan Soto or Aaron Judge this year, are no exception to that.

It may seem as though the recent deal that sent infielder/outfielder Jazz Chisholm Jr. to the Bronx would leave the Yankees without much motivation to acquire Edman. After all, Chisholm is another versatile defender who has experience at both shortstop and center field, and his 103 wRC+ this year is significantly better than the 92 wRC+ Edman posted with the Cardinals in 2023. It’s easy to imagine both players co-existing in the same lineup, however. After all, manager Aaron Boone told reporters (including Brendan Kuty of The Athletic) earlier today that the club plans to use Chisholm at third base when he’s playing the infield. It’s a position that Chisholm has never played before in the majors, but Boone expressed a preference for keeping incumbent second baseman Gleyber Torres (who also has no experience at the hot corner) where he is, at least for the time being.

The addition of Edman, who has 94 games at third in the majors under his belt, could allow the Yankees to add a more experienced glove to the lineup at the hot corner while still providing a significant offensive upgrade over other internal options like DJ LeMahieu and Oswaldo Cabrera. By adding Edman to the mix at third base, the club could either utilize Chisholm as a super-utility type to maximize the club’s offensive production by resting players like Torres and Alex Verdugo against tough matchups, or perhaps the club could even look to deal a bat like Torres or Trent Grisham in order to acquire bullpen help as they’ve been rumored to be considering. Edman could also pair with Chisholm to offer some additional certainty to the Yankees headed into a 2025 season where Soto, Torres, Verdugo, and potentially Anthony Rizzo could all be ticketed for free agency, leaving plenty of holes to fill in the Bronx.

That doesn’t mean there wouldn’t be obstacles to a potential deal, however, even if Edman is healthy enough to be worth dealing for. According to Woo, the Cardinals are believed to be targeting “cost-controlled major-league starting pitching” in return for Edman’s services, with Woo suggesting that St. Louis could target Yankees southpaw Nestor Cortes in return. Cortes, 29, is controlled through the end of the 2025 season just like Edman is and has posted a 4.13 ERA with a 3.99 FIP in 22 starts this year. It’s unclear if the Yankees would be willing to part ways with Cortes or any of their starting pitching options, particularly as rumors swirl surrounding the possibility of them acquiring another arm that would allow them to manage Luis Gil’s innings with a second-half bullpen assignment.

Yankees Designate J.D. Davis For Assignment

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The Yankees announced this afternoon that they’ve activated infielder/outfielder Jazz Chisholm Jr. after acquiring him from the Marlins yesterday. Chisholm will take the place of infielder J.D. Davis on the active roster, as the club designated him for assignment today to make room for their new acquisition. The Yankees’ 40-man roster now stands at 39.

Davis, 31, was acquired by the Yankees in a trade with the A’s late last month. It’s been a tumultuous year for the slugger, as he kicked off 2024 by heading to an arbitration hearing with the Giants. Davis won that hearing but was controversially released by San Francisco after they signed Matt Chapman to play third base instead. Davis wound up signing with the A’s just two weeks before the season began and managed to secure a guarantee of just $2.5MM from Oakland, a far cry from his previously-awarded arbitration salary even after factoring in the roughly $1.1MM in termination pay he received from San Francisco.

On the field, Davis performed decently for them with a 96 wRC+ in 39 games while splitting time between first base, third base, and DH but he eventually found himself on the outside looking in when he was DFA’d as the club opted to give more playing time at the hot corner to Abraham Toro and Tyler Nevin. A move to the Bronx seemed to suggest he could find more playing time going forward amid injuries to Giancarlo Stanton and Anthony Rizzo, but haven’t turned out that way as he’s appeared in just seven games with the club over the past month and has hit an anemic .105/.227/.158 in that limited playing time. Club manager Aaron Boone told reporters (including MLB.com’s Bryan Hoch) today that Stanton is expected to return to the lineup as soon as tomorrow, meaning even that limited playing time was likely to dry up for Davis in the coming days.

While Davis’s 2024 season has been a brutal one, prior to 2024 he’d been a consistently above-average hitter ever since first taking a regular role with the Mets back in 2019. In five seasons with the Mets and Giants between 2019 and 2023, Davis slashed a strong .268/.352/.443 with a 120 wRC+, flashed 20-homer power and walked at a 10.2% clip despite an elevated 27.2% strikeout rate. That type of production could be a useful addition to plenty of teams, particularly those in need of help at first or third base. The Yankees will have one week to attempt to pass Davis through waivers, and if he goes unclaimed he would have the opportunity to elect free agency in favor of accepting an outright assignment. Of course, it’s possible that the club tries to put together a trade involving Davis prior to the upcoming trade deadline on Tuesday, and it seems likely they’ll wait to waive Davis until after the deadline in order to explore his market fully.

Yankees, Padres Interested In Blake Snell

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The Yankees and Padres are two of the teams expressing interest in left-hander Blake Snell, the New York Post’s Jon Heyman writes (links to X).  Reports surfaced earlier this week that Snell was drawing interest from pitching-needy contenders, and New York and San Diego are the first clubs specifically known to gotten in touch with the Giants over Snell’s availability.

It remains to be seen if the Giants will actually move Snell, or be deadline sellers in any real capacity given that the team is still just 4.5 games out of a wild card berth.  Snell is himself a major factor in San Francisco’s renewed hopes of contention, as the southpaw has been almost untouchable since returning from the injured list.  Over his last four starts, Snell has a 0.75 ERA and a 35.7% strikeout rate, highlighted by a 15-strikeout gem of an outing against the Rockies yesterday.

This is the type of rotation-carrying production was what the Giants were hoping to receive when they signed the reigning Cy Young Award winner to a two-year, $62MM deal back in March.  However, Snell’s lengthy stint in free agency and subsequent lack of proper Spring Training work wreaked havoc on his performance, resulting in two IL stints (with an adductor strain and a groin strain) and a 9.51 ERA over his first six starts in a Giants uniform.

This recent injury history will obviously weigh on the minds of any team that does approach the Giants about a Snell trade, not to mention the fact that Snell can opt out of the second year (and $30MM salary) of his contract.  The presence of this opt-out clause means that Snell isn’t exactly a rental player, thus creating extra financial risk for an acquiring team, and some difficulty in working out an acceptable trade package with San Francisco.  Snell’s recent form increases the chances that he might exercise his player option, but if any more injury issues arise, Snell could pass on his opt-out and remain on the books for that hefty $30MM payday next year.

Snell is naturally a known quantity to the Padres after pitching with San Diego from 2021-23, but the financial aspect of a Snell trade is particularly noteworthy for a Padres team that is trying to remain under the luxury tax threshold this season, in order to reset its penalty status after two years of overages.  San Diego’s acquisition of Jason Adam from the Rays earlier today resulted in a pretty minor financial hit, though the Padres had to give up a hefty prospect package to obtain the reliever.  Payroll aside, there is also the broader fact that it seems rather unlikely that the Giants would trade Snell to a division rival.

The Bronx Bombers have long had Snell on their radar, and the six-year, $150MM offer Snell reportedly received from the Yankees in January is the highest contract known to be on the table for the left-hander during his elongated free agent market.  As Heyman notes, the luxury tax is also a factor given that New York has already topped the upper tier ($297MM) of tax penalties.  RosterResource estimates that the Yankees’ Competitive Balance Tax number is just shy of $312.9MM, and thus they would face a 110% tax on any further salaries added to their ledger.

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