Yankees Rumors

Rangers, Yankees, Astros Interested In Robert Stephenson

By Anthony Franco | December 6, 2023 at 7:36pm CDT

The market continues to materialize for free agent reliever Robert Stephenson. Jon Morosi of MLB.com tweets that the Rangers and Yankees have shown interest. Chandler Rome of the Athletic reports that the Astros have also checked in on the right-hander.

Along with that trio, the Dodgers, Angels, Cubs and Orioles have been linked to Stephenson at various points this offseason. Baltimore subsequently signed Craig Kimbrel to a $13MM contract, likely taking them out of a top-of-the-market reliever. The remainder of those clubs could still be involved, although the Angels have taken a lower-cost volume approach to build their middle relief corps.

The bullpen is the biggest question for Texas and Houston, the top two teams in the AL West. Those clubs’ respective baseball operations leaders, Chris Young and Dana Brown, have indicated they’re working with lesser financial flexibility than they’ve had in prior offseasons. Texas finalized a $4.5MM contract with former Brave Kirby Yates this evening. He joins José Leclerc and Josh Sborz as high-leverage righties, although the bullpen still seems the biggest question for the defending World Series winners.

Houston has Ryan Pressly, Rafael Montero, Bryan Abreu and Kendall Graveman as leverage options. Middle relief depth is more of a concern, as each of Hector Neris, Phil Maton and Ryne Stanek reached free agency. A more affordable middle innings pickup may be a better fit, particularly with the Astros right up against the luxury tax line. To that end, Ari Alexander of KPRC 2 tweeted this afternoon the Astros remain in touch with Maton’s camp.

The Yankees already have one of the league’s best relief corps. Building the bullpen has been a consistent strength for general manager Brian Cashman and his front office. Clay Holmes and Jonathan Loáisiga anchor a group that skews heavily toward the right side. While Stephenson could represent something of a luxury buy, the Yankees haven’t shied away from spending on relievers and are clearly in an aggressive win-now mode.

MLBTR predicted Stephenson to secure a four-year, $36MM deal on the heels of a dominant showing with the Rays. He was behind only Josh Hader and Jordan Hicks in the bullpen class among MLBTR’s Top 50 free agents. The 30-year-old has an inconsistent career track record but turned in a 2.35 ERA with an absurd 42.9% strikeout rate in 42 appearances after being traded from the Pirates to Tampa Bay in June.

Yankees, Padres Nearing Juan Soto Deal

By Steve Adams | December 6, 2023 at 5:39pm CDT

5:39pm: The Padres continue to evaluate the medical records of the players involved, tweets Bryan Hoch of MLB.com.

3:10pm: Curry reported on air that King, Thorpe, Brito, Vasquez and catcher Kyle Higashioka are all likely to be included in the trade (video link). The deal still isn’t quite across the finish line but could be wrapped up this afternoon.

2:42pm: The two sides are still sorting out minor details and reviewing medical information, but Heyman tweets that a deal is expected to be finalized sooner than later. Soto and Grisham are both expected to go to the Yankees.

1:47pm: Joel Sherman of the New York Post tweets that even after the Yankees’ acquisition of Verdugo, Grisham is still involved in the current iteration of talks between New York and San Diego. He’d be used as a fourth outfielder and late-inning defensive upgrade. His projected $4.9MM salary is a bit steep for that role, particularly when factoring in the associated luxury tax implications, but the Yankees don’t seem too concerned with club payroll at present.

11:20am: The package for Soto is expected to include King and Thorpe, as well as “at least two” other players, per MLB.com’s Jon Morosi, who adds that a deal is indeed close to being finalized.

8:42am: Talks between the Yankees and Padres regarding star outfielder Juan Soto have continued throughout the night, it seems, and the Yankees have “intensified” their efforts to pry Soto away from San Diego, Jack Curry of the YES Network reports. Curry calls a trade “likely,” noting that pitchers Michael King and Drew Thorpe could both be in play. Jon Heyman of the New York Post adds that in addition to Thorpe and King, each of Clarke Schmidt, Chase Hampton, Jhony Brito and Randy Vasquez have all been discussed. Certainly, the Yankees won’t be sending that whole slate of arms, but there’d likely be more to the package than Thorpe and King alone.

A trade sending Soto to the Bronx has been viewed as a possibility for much of the offseason, given the superstar slugger’s projected $33MM salary (via MLBTR contributor Matt Swartz), the Padres’ reported need to scale back payroll (while still adding to a perilously thin rotation mix) and the Yankees’ desire for aggressive and broad-reaching changes on the heels of a disappointing season. Prior reporting on the talks between the two parties have been hung up on the Padres insisting on the inclusion of MLB rotation pieces, most notably including King. That Curry mentions King and Thorpe as possibilities to be included in this deal seems to represent an acquiescence of sorts from the Yanks.

If a deal is indeed completed, Soto would be the second outfielder acquired by the Yankees in as many days. New York pulled of an extraordinarily rare swap of note with their archrivals in Boston last night, landing fellow corner outfielder Alex Verdugo from the Red Sox in exchange for a three-player package. Soto and Verdugo would join Aaron Judge in the outfield, resulting in a major overhaul of a group that was a weak point in the Bronx throughout the 2023 season.

Even with Judge in the fold, Yankees outfielders combined for a dreadful .220/.293/.399 batting line last season. The resulting 90 wRC+ suggests that Yankees outfielders were about 10% below average at the plate even with the 2022 AL MVP’s production included. Subtracting Judge from the equation, Yankees outfielders combined to post a catastrophic .214/.247/.365 batting line on the season.

A Verdugo-Judge-Soto outfield would be far more productive and also substantially reduce the Yankees’ strikeout woes; Verdugo fanned at just a 15.4% rate in 2023, while Soto wasn’t much higher at 18.2%. Both Soto and Verdugo are one-year solutions in the outfield, as both are set to become free agents following the 2024 campaign.

Presumably, the Yankees would deploy Judge in center field regularly for the upcoming season, with Verdugo in left field and Soto in right. The Padres and Yankees had previously discussed including San Diego center fielder Trent Grisham in a Soto package, but Heyman tweets that following the acquisition of Verdugo, Grisham is no longer likely to be a part of talks with the Friars. While manager Aaron Boone can’t formally comment on any potential acquisition of Soto, he did acknowledge to The Athletic’s Brendan Kuty and other reporters just now that the Yankees would be comfortable with Judge playing center field every day this coming season.

Roster Resource already projects the Yankees for a payroll north of $245MM and more than $256MM worth of luxury tax obligations. Soto would push those numbers to around $278MM and $289MM, respectively. The Yankees are already effectively at the second luxury-tax threshold, meaning the penalties they face for incorporating Soto’s salary into the fold will be steeper. As a team paying the luxury tax for a third straight season, they’d pay a 62% tax for exceeding by $20-40MM and a hefty 95% surcharge on the next $20MM spent. With regard to Soto, that’d equate to about $24.5MM of penalties on top of his projected $33MM salary.

Of course, further changes could impact that payroll and roster outlook. The Yankees have been prominently linked to star NPB right-hander Yoshinobu Yamamoto and are viewed as one of the favorites to land him. Even failing that, the Yankees could need to look for outside help in the rotation — particularly if King and/or Schmidt is indeed part of the swap that ultimately nets them Soto. Adding Soto and making a subsequent addition of any real note to the rotation (barring the acquisition of a pre-arbitration arm to plug into the mix) would push the Yankees into the newly created fourth tier of luxury penalization — often referred to as the “Steve Cohen tax” in reference to the crosstown owner of the Mets.

Seven Teams Emerge As Top Suitors For Yamamoto

By Anthony Franco | December 6, 2023 at 5:24pm CDT

While the baseball world awaits movement on Shohei Ohtani and Juan Soto, NPB ace Yoshinobu Yamamoto has emerged as the #3 name on the offseason market. The right-hander is the most popular starting pitcher in free agency and has been tied to virtually every big spender (and a few less traditional suitors).

Will Sammon of the Athletic reports that seven teams have stepped forward as the key players in the Yamamoto bidding. That group includes (listed alphabetically) the Blue Jays, Dodgers, Giants, Mets and Yankees. Two other “mystery teams” are also involved.

None of those teams come as a surprise. They’ve all previously been linked to Yamamoto, while a few have openly discussed him as a target. Mets owner Steve Cohen and president of baseball operations David Stearns recently flew to Japan to sit down with the 25-year-old righty. Yamamoto will make his own trip this weekend, when he’s scheduled to come to the U.S. to chat with interested teams.

At the beginning of the offseason, MLBTR predicted a nine-year, $225MM contract. It seems that could end up being light. In an appearance on Foul Territory yesterday, Ken Rosenthal noted there’s a general expectation that Yamamoto’s deal will land “considerably higher” than $200MM.

Yamamoto is coming off a third consecutive Sawamura award as Japan’s top pitcher. He turned in a 1.21 ERA over 164 innings while striking out 169 batters. Evaluators are nearly unanimous in projecting Yamamoto as at least a #2 caliber starter in the majors with a shot to be an ace. Between that dominance and nearly unprecedented youth for a free agent pitcher, he’s one of the most appealing in recent history.

That has made him a target for virtually all the big-market clubs. It stands to reason the Jays’ interest is contingent on Ohtani’s decision. (Toronto general manager Ross Atkins told reporters this week they didn’t plan to add two players from the top of the market.) The Giants and Dodgers are also believed to remain in the race for Ohtani, who could sign in the next few days. The Yankees are reportedly on the verge of acquiring Soto but still seem to be engaged on Yamamoto, while the Mets have made no secret of the fact that Yamamoto is their top offseason priority.

Yankees, Dennis Santana Agree To Minor League Deal

By Steve Adams | December 6, 2023 at 3:54pm CDT

The Yankees have agreed to a minor league contract with free agent right-hander Dennis Santana, reports Jessica Kleinschmidt. He’ll head to major league camp during spring training and compete for a bullpen job.

While it’s not the news Yankees fans are anxiously awaiting, Santana will add some depth with big league experience to the Yankees’ system. He spent the 2023 season with the Mets organization, where he tallied 10 2/3 innings at the MLB level and yielded seven runs in that time. The hard-throwing Santana has at times shown potential to be a steady big league reliever, but he’s yet to find much consistency at the MLB level.

Santana once ranked as one of the top pitching prospects in a deep Dodgers system, but his stock has fallen since injuries — most notably a torn rotator cuff in 2018 — slowed his development and eventually pushed him to a bullpen role. He’s spent time with the Dodgers, Rangers and Mets over the past three seasons, in addition to offseason waiver stops in Atlanta and Minnesota.

Overall, Santana carries a career 5.17 ERA in 149 2/3 MLB frames. He averaged 95.9 mph on his fastball last year and is at 96.2 mph for his career. Santana has whiffed 21.2% of his big league opponents and produced grounders at a solid 44.9% clip, but he’s also walked 12% of the batters he’s faced.

2023 Rule 5 Draft Results

By Darragh McDonald | December 6, 2023 at 1:01pm CDT

The 2023 Rule 5 draft will begin at 1pm Central time today at the Winter Meetings in Nashville.

As a refresher, the Rule 5 draft is a way for players potentially talented enough for the big leagues but blocked by their current clubs to find opportunities elsewhere. Any players that were 18 and under at the time of their original signing and have played five professional seasons, and any players who signed at 19 years of age or older at signing that now have four professional seasons, who are not on a club’s 40-man roster are eligible to be selected in the Rule 5 draft.

The clubs will draft in reverse order of the 2023 standings, with no club obligated to make a selection when it’s their turn. If they do make a pick, they will have to pay $100K to the team they select from. The selected players must stay on the active roster (or injured list) for the entire 2024 season or else be placed on waivers. If they clear waivers, they must be offered back to their original team. They cannot be optioned to the minors. Last year’s edition saw some key players change clubs, such as Ryan Noda going from the Dodgers to the Athletics and Blake Sabol going from the Pirates to the Giants.

This post will be updated as the draft continues. Here is the order…

1. Athletics: RHP Mitch Spence (Yankees)
2. Royals: RHP Matt Sauer (Yankees)
3. Rockies: RHP Anthony Molina (Rays)
4. White Sox: LHP Shane Drohan (Red Sox)
5. Nationals: SS Nasim Nuñez (Marlins)
6. Cardinals: RHP Ryan Fernandez (Red Sox)
7. Angels: pass
8. Mets: RHP Justin Slaten (Rangers); Mets later traded Slaten to the Red Sox for LHP Ryan Ammons* and cash considerations.
9. Pirates: pass
10. Guardians: 3B Deyvison De Los Santos (Diamondbacks)
11. Tigers: pass
12. Red Sox: pass
13. Giants: pass
14. Reds: pass
15. Padres: RHP Stephen Kolek (Mariners)
16. Yankees: pass
17. Cubs: pass
18. Marlins: pass
19. Diamondbacks: pass
20. Twins: pass
21. Mariners: pass
22. Blue Jays: pass
23. Rangers: RHP Carson Coleman (Yankees)
24. Phillies: pass
25. Astros: pass
26. Brewers: pass
27. Rays: pass
28. Dodgers: pass
29. Orioles: pass
30. Braves: pass

The minor league phase of the Rule 5 draft also occurred this afternoon. Those players will not go onto the selecting teams’ 40-man roster. A few former major leaguers changed uniforms. They include 1B Seth Beer going from the Diamondbacks to the Pirates while the Yankees took RHP Kervin Castro from the Astros.

* (Robert Murray of FanSided first reported that Ammons was going to the Mets. Joel Sherman of The New York Post added that Ammons and cash were being exchanged for Slaten.

Mets Owner Steve Cohen Recently Met With Yoshinobu Yamamoto In Japan

By Darragh McDonald | December 6, 2023 at 12:36pm CDT

It was recently reported that Yoshinobu Yamamoto would soon be flying to the United States to meet with interested clubs and Jon Morosi of MLB.com relays today that the Yankees are expected to meet with him on Monday. It seems like Mets owner Steve Cohen wanted to get a headstart on the proceedings, as Will Sammon of The Athletic reports that he flew to Japan to meet with Yamamoto last week.

The Mets have long been connected to Yamamoto, even though they are supposedly taking something of a step back in 2024. Under normal circumstances, a top free agent fits best with a win-now club. Since most players reach free agency close to their 30th birthday, a long-term deal will likely see them at their best in the early parts of the contract. But Yamamoto is a special case, since he is only 25. Even if the Mets feel they will have a better shot at competing in 2025 and beyond compared to 2024, Yamamoto will still be able to hopefully offer them many prime years. Their excitement around Yamamoto is apparently strong enough that Cohen took the initiative of meeting with him in Japan.

The rotation in Queens has plenty of question marks and Yamamoto would be a logical target. They currently have Kodai Senga, José Quintana and Luis Severino in three spots, while the back end is less certain. Players like Tylor Megill, Joey Lucchesi and José Butto are on the roster but each of them is arguably better utilized in a depth role than as part of the Opening Day rotation. David Peterson will miss the first half of the season due to hip surgery. Furthermore, Quintana and Severino are each slated for free agency after 2024, giving the club even less certainty in the long term.

Although signing Yamamoto might be a long play for the Mets, it would still come with significant short-term costs. The club currently has a competitive balance tax figure of $277MM, per Roster Resource, well beyond next year’s base threshold of $237MM and on the line of the third tier. Since they paid the tax in 2022 and 2023, they are set to be a third-time payor next year. There are escalating tax rates for paying in consecutive years, putting them in line for a 95% tax on spending beyond the third tier and then a 110% rate for spending beyond the fourth and final tier of $297MM.

Then there’s also the posting fee that will be due to the Orix Buffaloes, the Nippon Professional Baseball club that posted Yamamoto recently. MLBTR predicted Yamamoto for a contract of nine years and $225MM, which would also come with a posting fee of $35.625MM. Some recent speculation around Yamamoto’s popularity has suggested the bidding could push closer to $300MM, which would also push the posting fee up as well.

The Yankees have also been connected to Yamamoto for quite some time and they have a somewhat similar payroll situation to the Mets, as they are also set to be a third-time payor in 2024. Roster Resource currently pegs their payroll at $246MM and their CBT figure at $257MM. However, they are reportedly close to acquiring Juan Soto from the Padres today, which would quickly change those figures, depending on the final deal. Soto is projected for an arbitration salary of $33MM while Michael King, who is reported to be part of the package going the other way, has a projected salary of $2.6MM. It’s possible the final deal will change things but it’s possible the Yanks will add about $30MM to their books in the swap.

It appears that wouldn’t take them out of the running for Yamamoto, as Andy Martino of SNY reports the club is willing to surpass a $300MM payroll next year. That would be a bump from last year, with RR having their 2023 payroll finishing at $273MM and their CBT at $294MM.

But adding Yamamoto would give a boost to a rotation that got a Cy Young performance from Gerrit Cole but little else. The club will be hoping for bouncebacks from Carlos Rodón and Nestor Cortes after injury-marred campaigns while King appears to be headed to San Diego. Pitchers like Clarke Schmidt and Randy Vásquez are on the roster but an external addition or additions would be warranted.

The Yankees and Mets have been two of the clubs connected to Yamamoto most often but certainly not the only ones. Given his youth and talent, he is one of the most popular free agents this winter. The Phillies, Blue Jays, Red Sox, Tigers, Cardinals, Cubs, Rangers, Diamondbacks, Giants, Padres, and Dodgers have also been rumored to have interest, with some unnamed clubs perhaps in the mix as well. The 25-year-old Yamamoto has a 1.82 ERA in his NPB career and is coming off a dominant 1.21 ERA in 2023. It’s unknown how many of those clubs he will meet with in the coming weeks but his posting window is open until January 4.

Boone: LeMahieu Will Be Yankees’ Third Baseman In 2024

By Steve Adams | December 6, 2023 at 10:26am CDT

As trade rumblings surrounding star Padres outfielder Juan Soto and the Yankees look to be nearing a tipping point, there’s other significant news in the Bronx as well. Manager Aaron Boone announced at the Winter Meetings this morning that veteran infielder DJ LeMahieu will line up as the team’s primary third baseman next season (link via MLB.com’s Bryan Hoch). Boone indicated yesterday that an outside acquisition at third base wasn’t likely, as the team felt covered with internal options. Today’s statement is a more forceful declaration of that likelihood.

LeMahieu, 35, is entering the fourth season of a six-year $90MM contract. He’s bounced around the diamond since originally arriving in New York in the 2018-19 offseason, spending considerable time at every infield position other than shortstop. Third base was his primary position in 2023, however, as he logged nearly 600 innings there and turned in a sound defensive effort in the eyes of Defensive Runs Saved (3), Ultimate Zone Rating (3.2) and Outs Above Average (3).

The remainder of the Yankees’ infield looks largely set. Anthony Rizzo will return to man first base, while Gleyber Torres is entering his final arbitration season and lined up as the primary second baseman. Anthony Volpe had an up-and-down rookie season at shortstop, ultimately putting together a 20-20 season with good defense but an underwhelming .209/.283/.383 batting line on the whole. Prospect Oswald Peraza gives the Yankees some additional depth at any position other than first base, but with no clear path to a starting role at present, he could open the season in a utility role, covering multiple spots on the diamond and spelling the regulars. (Peraza is out of minor league options and thus cannot be sent to Triple-A.) The versatility offered by both Peraza and LeMahieu would allow the Yankees to rather seamlessly cover an absence anywhere in the infield.

The 2023 season wasn’t LeMahieu’s best at the plate — far from it — but he still turned in a roughly average (by measure of wRC+) .243/.327/.390 batting line with 15 home runs, 22 doubles and three triples. The veteran infielder walked at a strong 10.7% clip, the second-highest mark of his career, but also fanned at a career-worst 22.2%. LeMahieu didn’t expand the zone any more than he did in seasons prior — he actually improved his chase rate from 2022 to 2023 — but his contact rate on both strikes and balls off the plate dipped.

LeMahieu entered the 2023 season with a lifetime 92.7% contact rate on swings at pitches in the zone but saw that number drop to 89.8% last year. His contact rate on the relatively rare chases off the plate was more concerning; LeMahieu entered 2023 with a career 76.1% contact rate on balls off the plate (including a nearly 80% mark from 2020-22) but made contact on just 70.2% of such offerings last year. He remained productive against fastballs (four-seamers and sinkers alike) but saw his numbers against opponents’ sliders, sweepers and cutters take a big hit. Time will tell whether that’s the beginning of a more alarming trend or simply a one-year aberration.

With regard to the remainder of the offseason, LeMahieu’s formal anointment as the Yankees’ everyday third baseman is of note. The Yankees already acquired Alex Verdugo from the archrival Red Sox and are ostensibly deep in talks for the aforementioned Soto. That would constitute a major revamp of the outfield alignment, but it seems there’ll be more continuity in the infield. Torres has been floated as a possible trade candidate at various points, and Peraza’s presence could embolden the Yankees to make some kind of move if the right opportunity presented itself. But Torres was also the team’s second-best hitter behind Judge this past season, and the Yankees would surely only swap him out if it meant acquiring immediate MLB help elsewhere (be it in the rotation, behind the plate or possibly in the ’pen).

Yankees Notes: Third Base, Kiner-Falefa, Peralta

By Nick Deeds | December 6, 2023 at 3:14am CDT

After landing Alex Verdugo from their arch-rival Red Sox in a rare trade between the sides earlier this evening, the Yankees still figure to look for upgrades to a lineup that ranked 19th in the majors with a 94 wRC+ in 2023 despite another fantastic season from team captain Aaron Judge, who slashed .267/.406/.613 with 37 home runs in just 106 games this season. Those upgrades don’t appear likely to come in the form of an addition at third base, however, as GM Brian Cashman told reporters (including MLB.com’s Bryan Hoch) earlier today that the club feels “covered” around the infield and does not consider third base to be an area of need this offseason.

While the Yankees figure to return Anthony Rizzo, Gleyber Torres, and Anthony Volpe as established regulars at first base, second base, and shortstop respectively, the hot corner features a little more uncertainty next season. Yankees third basemen slashed a collective .225/.302/.361 this past season, good for an 85 wRC+ that ranked better than just eight teams in 2023. Veteran infielder DJ LeMahieu took most of the club’s reps at the hot corner last season with 67 starts, though each of Josh Donaldson, Isiah Kiner-Falefa, Oswald Peraza and Oswaldo Cabrera also contributed as the Yankees mixed-and-matched at the position.

With Donaldson and Kiner-Falefa both having departed the organization, that would seemingly leave LeMahieu in line to receive the most reps at the position once again in 2024. The 35-year-old veteran just completed the third season of his six-year, $90MM contract with the Yankees. LeMahieu got roughly league average results (101 wRC+) at the plate in 2023 with a .243/.327/.390 slash line in 136 games. While LeMahieu’s 15 home runs tied his 2018 total with the Rockies for the second-highest of his career in a single season, the added power came at the cost of discipline. LeMahieu struck out at a career-high 22.2% clip this past season, well above both his career average of 15.2% and the 13.1% mark he posted in 2022.

Despite the additional whiffs as LeMahieu enters his mid-thirties, the veteran is likely still the club’s best option at the hot corner entering the year as both Cabrera and Peraza are coming off disastrous offensive seasons at the plate. While Peraza performed solidly at the Triple-A level with a 108 wRC+ in 300 plate appearances, the 23-year-old looked over-matched in the big leagues with a meager .191/.267/.272 slash line in a 52 games in the majors. Cabrera, meanwhile, appeared in 115 games for the Yankees as a utility player and struggled similarly across 330 big league plate appearances, slashing just .211/.275/.299 in that time.

Even as Cashman suggests the club is set at third with their internal options, Hoch reports that the club is at least considering adding one more bat to their infield mix: Kiner-Falefa. Jon Heyman of the New York Post echoes Hoch’s report of interest in bringing IKF back to the Bronx, but makes clear that the Yankees are far from alone in their interest in the utilityman; Heyman suggests that as many as 12 teams have interest in Kiner-Falefa’s services this offseason. The 28-year-old doesn’t contribute much at the plate, as he posted an 82 wRC+ in 2023 that nearly matches his career mark of 81, but he makes up for that lack of offensive ability with strong glovework all around the diamond.

Kiner-Falefa began his big league career as a backup catcher, though he hasn’t appeared behind the plate since the 2019 season. Since then, he’s proved to be an elite defensive infielder, winning a Gold Glove at third base in 2020 while offering strong defense at shortstop as well. IKF further expanded his defensive profile in 2023, appearing in 78 games on the outfield grass including 278 1/3 defensive innings of work in center field. While Kiner-Falefa’s strongest defensive marks come on the infield dirt, he posted a respectable +1 OAA and -1 DRS in center this season, potentially making him an attractive bench piece for teams in need of defensive versatility.

IKF isn’t the only outgoing free agent the Yankees reportedly have interest in retaining, as both Heyman and Hoch suggest the club has discussed a reunion with lefty reliever Wandy Peralta. Peralta, 32, has spent parts of eight seasons in the big leagues splitting time between three organizations but saw his career reach a new level since joining the Yankees partway through the 2021 season. Across 165 appearances in pinstripes, Peralta posted a 2.82 ERA that was 49% better than league average by measure of ERA+, though his 4.00 FIP leaves something to be desired. Advanced metrics are particularly critical of Peralta’s 2023 campaign. Despite a sterling 2.83 ERA in 54 innings, the southpaw posted a 5.05 FIP, 4.50 xFIP and 4.44 SIERA this past season.

Much of that disparity is thanks to a whopping 13.2% walk rate that was papered over in terms of Peralta’s raw run prevention numbers thanks to a microscopic .218 BABIP allowed and a career-high 85.2% strand rate. Despite those red flags, however, Peralta has gotten results in each of the past four seasons with a 3.01 ERA dating back to the start of the 2020 season. Much of that success has been thanks to Peralta’s excellence against left-handed hitters, to whom he’s surrendered a slash line of just .213/.308/.330 throughout his big league career. That’s surely a particularly attractive trait for the Yankees, who currently sport just two left-handed relief options on their 40-man roster in Nick Ramirez and Matt Krook.

Yankees Acquire Alex Verdugo

By Anthony Franco | December 5, 2023 at 9:34pm CDT

The Yankees and Red Sox have lined up on a rare major trade. The teams announced a deal sending outfielder Alex Verdugo to the Bronx for reliever Greg Weissert and minor league pitchers Richard Fitts and Nicholas Judice.

Verdugo, who turns 28 in May, has spent the past four seasons in Boston. The Sox acquired him from the Dodgers as the key piece of the Mookie Betts trade return. The left-handed hitting outfielder never quite lived up to that lofty billing. Verdugo has settled in as a solid regular without emerging as an impact player on either side of the ball.

Over his time with the Red Sox, Verdugo hit .281/.338/.424 in a little more than 2000 plate appearances. His strongest season was the shortened 2020 campaign. After posting a .308/.367/.478 slash, he has hit at a league average level for three years running. Verdugo owns a .277/.334/.417 mark since the start of 2021. This past season’s .264/.324/.421 line over 602 plate appearances fit that recent body of work.

Verdugo doesn’t have prototypical home run power for a corner outfielder. He has hit between 11 and 13 longballs in each of the last three years. Verdugo has topped 30 doubles in each season, however. He has always had excellent bat-to-ball skills and generally shows an all-fields approach. Aside from a 15-game debut showing in 2017, he has hit .260 or better in every year of his big league career.

Bringing in a hit-over-power lefty bat seems a deliberate effort by the New York front office to add balance to the lineup. The Yankees have skewed right-handed and leaned heavily on power hitters in recent years. They’ve found themselves generally lacking in consistent offensive production beyond Aaron Judge and, to a lesser extent, Gleyber Torres.

Verdugo isn’t an impact lineup presence, but he checks a box which general manager Brian Cashman had identified as a priority. Cashman expressed a desire for two outfielders to join Judge, preferably ones who hit from the left side. Top center field prospect Jasson Domínguez will be out into the middle of the season after undergoing Tommy John surgery, while left field has been a significant problem for the past couple years. 22-year-old Everson Pereira might be a longer-term solution there but limped to a .151/.233/.194 line in his first month as a big leaguer.

The desire for multiple outfield additions still leaves the Yankees very much in play for bigger stars. New York has been tied to Juan Soto in trade rumors and Cody Bellinger on the free agent market. Various reporters (including Andy Martino of SNY) unsurprisingly relay that the Yankees are still involved on Soto. Talks between the Yankees and Padres reportedly slowed over the weekend after San Diego demanded a pitching-heavy return built around Michael King and prospect Drew Thorpe.

Verdugo won’t take them out of that mix (or presumably impact a run at Bellinger if they can’t line up on a Soto deal). However, it could require the Yankees to lean on Judge in center field for a season if they were to acquire Soto. Verdugo hasn’t played center field since 2021. He has generally received solid marks for his glove in right field. Verdugo has one of the game’s better arms, although his speed and overall range are closer to average.

The outfield alignment is to be determined based on future moves. Verdugo steps in a short-term acquisition who’ll solidify one position while buying time for Domínguez to rehab and Pereira to see more action in Triple-A. The veteran outfielder is a year away from free agency. MLBTR contributor Matt Swartz forecasts him for a $9.2MM salary in his final season of arbitration.

That pushes the Yankees’ projected spending to roughly $246MM, as calculated by Roster Resource. Their luxury tax number sits right at the $257MM line that marks the second tier of penalization. Since they’re paying the CBT for what’d be a third consecutive season, the Yankees are taxed at a 50% rate on spending between $237MM and $257MM. That’ll push their overall tab on Verdugo into the $14MM range, while they’re sure to continue adding to the roster (with accompanying higher penalties beyond the $257MM mark).

On the other side of the equation, Boston offloads Verdugo’s salary projection. They’re moving on from a player who, while reasonably effective, had a somewhat disappointing overall run at Fenway Park. In addition to the leveling off in his performance, Verdugo occasionally came under fire with the organization for perceived effort questions.

Beyond that, it’s not uncommon for an incoming baseball operations leader to reshape a roster. This is the first significant trade of Craig Breslow’s tenure as chief baseball officer. It leaves a vacancy in right field, where the Sox seem likely to look to free agency or the trade market. Boston has left-handed hitting Jarren Duran, Wilyer Abreu and Masataka Yoshida in the outfield mix, so the pursuit of a righty bat might make the most sense.

They’ll also add controllable pitching help, with Weissert standing as the most immediate upgrade. The 28-year-old righty has pitched at the MLB level in each of the past two seasons. Weissert has worked 31 1/3 innings, allowing a 4.60 ERA. His underlying numbers are more intriguing. The Fordham product has averaged around 94 MPH on his sinker and four-seam fastball. He has struck out a solid 24.4% of batters faced while keeping the ball on the ground at a 47.3% clip.

Weissert also had an excellent year in Triple-A in 2023. Over 40 1/3 frames, he pitched to a 2.90 ERA while punching out more than 34% of batters faced. Control has been an issue throughout his career, but Weissert has consistently shown the ability to miss bats in the minors. He still has two option years remaining and won’t reach arbitration for three seasons, making him an affordable and flexible bullpen piece.

Fitts, who turns 24 in a few weeks, is the more intriguing of the minor leaguers involved. An Auburn product, he was drafted in the sixth round in 2021. The 6’3″ righty had an impressive year at Double-A Somerset, working to a 3.48 ERA across 152 2/3 innings. He punched out nearly 26% of batters faced against a tidy 6.8% walk percentage. Prospect evaluators praise Fitts’s slider and overall command, projecting him as a potential back-end starter. Boston doesn’t need to add him to the 40-man roster until next offseason to keep him out of the Rule 5 draft, but it’s possible he pitches his way into the MLB rotation mix at some point during the summer.

Judice was an eighth-round pick this year out of UL-Monroe. The 6’8″ hurler had posted a 3.74 ERA over 53 innings in his draft year. BA’s draft report praised his potential plus slider and mid-90s velocity. Judice projects as a reliever and is a low minors development flier.

Jeff Passan of ESPN first reported the trade terms. Images courtesy of USA Today Sports.

AL East Notes: Red Sox, Holliday, Yankees

By Mark Polishuk | December 5, 2023 at 7:53pm CDT

The Red Sox have been focused on pitching help first and foremost this offseason, yet that isn’t the team’s only target area. Chief baseball officer Craig Breslow told reporters (including MLB.com’s Ian Browne) that the Sox are looking at second basemen on both the trade and free agent markets, though a new infielder is likeliest to come via trade. Breslow implied that the Red Sox would first like to address their pitching needs, so it may be some time yet before a second-base answer comes into focus.

A whopping 11 players saw at least a little time at second base for the 2023 Red Sox, but this revolving door combined for 0.0 bWAR, as only three teams got less production from their second basemen. Enmanuel Valdez, Pablo Reyes, Bobby Dalbec, or (when he isn’t in center field) Ceddanne Rafaela all look like the top internal candidates for the keystone heading into the offseason, but Boston would clearly like to better solidify the position. With a somewhat thin free agent class of midfielders available, it isn’t surprising that Breslow would prefer to bring in a higher-caliber upgrade in trade talks.

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