Yankees Place Clarke Schmidt On Injured List
The Yankees announced today that right-hander Clarke Schmidt has been placed on the 15-day injured list, retroactive to May 27, with a right lat strain. Right-hander Cody Morris has been recalled in a corresponding move.
At this point, the full details of the injury aren’t clear. Schmidt started for the Yankees in San Diego on Sunday and all seemed fairly normal, as he tossed 101 pitches over five innings. It seems that Schmidt either felt sore after that start or perhaps aggravated something during a bullpen session. The club will likely provide more details about the issue and his expected absence in due time.
Regardless of how long Schmidt is out of action, this will interrupt what was shaping up to be a brilliant breakout season, something that MLBTR’s Steve Adams recently took a detailed look at. Thanks to some adjustments to his pitch mix, Schmidt has been able to have far better results this year than in the past.
Last year, he made 33 appearances for the Yanks, 32 of those being starts. He tossed 159 innings, allowing 4.64 earned runs per nine. He struck out 21.5% of batters faced while giving out walks at a 6.6% rate. Here in 2024, he’s thrown 60 2/3 innings over 11 starts with a 2.52 ERA, 27.1% strikeout rate and 8.1% walk rate.
That tremendous improvement has been huge for the Yankees, as they have been without their ace Gerrit Cole all year so far. Cole has been battling elbow inflammation since the spring but the rest of the rotation has stepped up in his absence. In addition to Schmidt’s strong work, each of Carlos Rodón, Nestor Cortes and Marcus Stroman have bounced back from injury-marred seasons in 2023. None of that trio has an ERA higher than 3.30 this season. Luis Gil, who hardly pitched in the past two years due to Tommy John surgery, has a 1.99 ERA so far.
That the Cole-less rotation has been so strong is a big reason why the Yankees are 38-19, the best record in the American League. Now they will have to reach beyond that starting group for essentially the first time this year. Cody Poteet started the second game of a doubleheader on April 13, but apart from that, every Yankee game this year has been started by the fivesome of Schmidt, Rodón, Cortes, Stroman and Gil.
Cole has yet to begin a rehab assignment and is therefore still weeks away. JT Brubaker, recovering from Tommy John surgery, hasn’t yet begun a rehab assignment either. Luke Weaver has plenty of starting experience but has been in a leverage role this year, earning seven holds, including five this month. Poteet and Clayton Beeter are on the minor league injured list. Yoendrys Gómez was just optioned three days ago and can’t be recalled for a 15-day period unless directly replacing an injured player. Will Warren is one of the club’s best pitching prospects but he has an ERA of 8.53 in Triple-A this year and isn’t yet on the 40-man roster.
How the Yanks play things will remain to be seen. They have an off-day on Monday and could perhaps do some kind of bullpen day on Saturday, when Schmidt was scheduled to start, before coming up with a better long-term solution next week.
Kevin Smith Accepts Outright Assignment With Yankees
May 29: The Yankees clarified on Wednesday that Smith has decided to accept the outright assignment. He’ll head back to Scranton and await another opportunity in the Bronx.
May 28: DJ LeMahieu is set to make his season debut, as the Yankees reinstated him from the 60-day injured list before tonight’s game in Anaheim. New York outrighted infielder Kevin Smith off the 40-man roster in a corresponding move; Smith has already elected minor league free agency in lieu of an assignment back to Triple-A Scranton/Wilkes-Barre. New York also activated reliever Ian Hamilton from the COVID-19 list after optioning Yoendrys Gómez on Sunday.
LeMahieu is at third base and hitting ninth against Griffin Canning. He should take over more or less every day at the hot corner now that he’s back from the foot injuries that cost him the first two months of the season. LeMahieu broke a bone in his right foot on a foul ball at the tail end of camp. The team tried to get him back in late April, but he felt renewed soreness immediately after embarking on a rehab stint. That shut him down again for another couple weeks, but LeMahieu has gotten through six minor league games dating back to May 17.
Third base has been a rare question mark amidst one of the game’s most potent offenses. While Oswaldo Cabrera got out to a strong start to the season, he’s hitting .230/.273/.295 in 66 plate appearances over the past month. Spring Training trade acquisition Jon Berti has been limited to 17 games around a pair of injured list stints. The speedy utilityman went on the 10-day IL over the weekend with a left calf strain. He’ll be out well beyond the minimum, telling reporters this evening that he could miss between six and eight weeks (X link via Greg Joyce of the New York Post).
LeMahieu is coming off a league average offensive performance in 2023. He hit .243/.327/.390 across 562 plate appearances. His performance improved over the course of the year. LeMahieu carried a meager .220/.285/.357 line into the All-Star Break before posting a .273/.377/.432 slash in the second half. He’s unlikely to recapture his 2019-20 form as he approaches his 36th birthday, though he should still be an upgrade over Cabrera, who fits better in a multi-positional role off the bench.
Smith, a New York-area native, signed a minor league contract with the Yankees over the offseason. He played in 29 games with the RailRiders, hitting .204/.270/.286 while striking out 41 times in 111 trips to the plate (a 36.9% rate). The Yanks called him up twice as utility depth. He appeared in two games as a pinch runner and didn’t take an at-bat at the major league level.
The Yankees had already outrighted the 27-year-old once this season, sending him through waivers in April. That gave him the right to test free agency this time around, as is the case for all players with a previous career outright. It’s not uncommon to see players circle back to their previous organization on a minor league contract after electing free agency, but Smith and his camp could look for a non-roster deal elsewhere now that LeMahieu is healthy. One of four players whom the A’s acquired from the Blue Jays in the Matt Chapman deal, Smith is a .173/.215/.301 hitter in 333 MLB plate appearances.
MLBTR Podcast: Ángel Hernández Retires, Ronald Acuña Jr. Out For The Season And Roki Sasaki’s Potential Posting
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 Steve Adams of MLB Trade Rumors to discuss…
- The retirement of umpire Ángel Hernández (1:00)
- Ronald Acuña Jr. of the Braves out for the year (4:40)
- Hal Steinbrenner says the spending level of the Yankees is not sustainable (16:40)
- Roki Sasaki‘s potential posting this coming offseason (29:55)
Plus, we answer your questions, including…
- Could the next collective bargaining agreement have a feature to get relievers paid earlier? (43:15)
- Would Taylor Ward of the Angels be a good fit for the Braves? (50:35)
Check out our past episodes!
- The Likelihood Of A Juan Soto Extension, What’s In Store For Pete Alonso, And Corbin Carroll’s Struggles – listen here
- Paul Skenes, The Prospect Hype Machine, Willson Contreras And Rising Catcher’s Interference Rates – listen here
- Luis Arráez To San Diego, Other Marlins Trade Candidates And Discussing A Potential Automated Strike Zone – listen here
The podcast intro and outro song “So Long” is provided courtesy of the band Showoff. Check out their Facebook page here!
Royals Return Rule 5 Pick Matt Sauer To Yankees
The Yankees announced this afternoon that right-hander Matt Sauer had been returned to the organization by the Royals. The 25-year-old was selected by Kansas City with the second-overall pick in the 2023 Rule 5 Draft but was designated for assignment earlier this week. Evidently, Sauer cleared waivers, meaning the Royals had to offer Sauer back to New York for $50K. The Yankees pulled the trigger on that offer and have assigned him to Triple-A.
Sauer was New York’s second-round pick in the 2017 draft and had spent his career prior to the 2024 season climbing the minor league ladder before ultimately topping out at the Double-A level. The righty was impressive in 14 appearances (13 starts) at the level last year as he pitched to a 3.42 ERA with a 29.5% strikeout rate in 68 1/3 innings of work. That performance was clearly enough for the Royals to take a shot on Sauer, and he impressed in 10 2/3 innings of work during Spring Training with a 2.53 ERA and 13 strikeouts.
That spring performance was enough for the Royals to offer Sauer a spot on their Opening Day roster, and he responded by delivering solid results throughout the month of April with a 2.38 ERA in 11 1/3 innings of work. That being said, Sauer’s peripherals left something to be desired as evidenced by his 17% walk rate and 9.4% strikeout rate during that time. Unfortunately, Sauer’s results began to catch up to his peripherals in May as he was lit up to the tune of a 19.80 ERA in five appearances throughout the month, prompting the club’s decision to designate him for assignment.
Were the Royals still the rebuilding club many expected them to be entering the 2024 campaign, it’s possible they would have retained Sauer on the roster for longer in hopes he could right the ship. Unfortunately for the righty, Kansas City has played like anything but a rebuilding club this year with a fantastic 34-19 record that puts them in control of the top AL Wild Card spot and just 1.5 games back of the Guardians for first place in a surprisingly competitive AL Central division. Given the Royals arrival as contenders, the club evidently decided they could not afford to hide Sauer in its final bullpen spot.
That’s great news for the Yankees, who were able to re-acquire Sauer when he went unclaimed on waivers. Now back in the minors with his original club, Sauer figures to continue his development at the Triple-A level and await his next big league opportunity while serving as non-roster depth for New York alongside non-roster veterans such as Phil Bickford and Duane Underwood Jr.
AL East Notes: Cole, Springs, Vavra
The Yankees have been without reigning AL Cy Young award winner Gerrit Cole for the entire season to this point as he works his way back from a bout of elbow inflammation, though that hasn’t stopped the club from storming out of the gate to an excellent 37-17 record. The club’s starting five of Nestor Cortes, Carlos Rodon, Marcus Stroman, Clarke Schmidt, and Luis Gil have all excelled in Cole’s absence, with Cortes’s 3.29 ERA (122 ERA+) standing as the weakest of the group.
Strong as the rotation has been without Cole, the Yankees are surely anxious to get their ace back into the fold. As one of the most dominant starting pitchers in the game today, Cole has posted a 3.08 ERA (136 ERA+) and 3.27 FIP in four seasons with the Yankees including an AL-best 2.63 ERA with a 3.16 FIP across 209 innings of work last year. Fortunately for the club, it seems Cole is making significant progress in his recovery. Erik Boland of Newsday reported yesterday that Cole threw all of his pitches during a 30-pitch bullpen session and touched the club-imposed velocity limit of 95 mph a few times throughout the session. Chris Kirschner of The Athletic added that Cole could begin a rehab assignment as soon as this coming week, depending on how he bounces back from yesterday’s outing.
That’s exciting news for the Yankees, although Cole would likely need a fairly lengthy rehab assignment in order to build up to a starter’s pitch count before he can return to the club. Cole’s return will give the Yankees something of a logjam in the starting rotation, as none of the club’s current options deserve to be removed from the mix based on their performance. It’s possible that Clarke Schmidt’s previous experience in the bullpen could make him a candidate to be moved out of the rotation in favor of Cole, though the club could also simply opt to utilize a six-man rotation for the time being.
More from around the AL East…
- Rays left-hander Jeffrey Springs was pulled from a rehab start in the minor leagues yesterday due to left shoulder tightness, as noted by Kristie Ackert of the Tampa Bay Times. Springs underwent Tommy John surgery in April of 2023 and is just two appearances into his rehab in the Florida Complex League. It’s not yet clear if Springs’s shoulder issue is a particularly serious one, but a setback in his rehab would be an unfortunate turn of events for both player and club. The 31-year-old sports an incredible 2.34 ERA ERA in 28 starts for the Rays since the start of the 2022 season and figures to help anchor the club’s rotation once healthy. In the absence of Springs, Shane McClanahan, and Drew Rasmussen this season, Tampa has relied heavily on young, unproven arms such as Taj Bradley, Ryan Pepiot, and Zack Littell.
- Orioles infielder Terrin Vavra missed most of the 2023 season due to what was at the time referred to as a shoulder strain, but Roch Kubatko of MASN relays that, per Vavra, his injury woes last season were much more serious than previously reported. Vavra was diagnosed with a torn labrum in his right shoulder back in September and underwent surgery on the issue later that month. Vavra’s shoulder woes last season could help to explain the 27-year-old’s struggles at the plate last year, when he slashed just .245/.315/.245 in 56 trips to the plate without recording an extra base hit despite a solid rookie performance in 2022. Vavra was outrighted off the Orioles’s 40-man roster during the offseason but remains in the organization as a potential depth option now that he’s healthy, though the club’s deep infield mix seemingly leaves him blocked at the big league level.
Yankees Select Kevin Smith
The Yankees announced this afternoon that they’ve selected the contract of infielder Kevin Smith. Smith will take the roster spot of Jon Berti, who the club placed on the 10-day injured list due to a left calf strain. Making room for Smith on the 40-man roster is DJ LeMahieu, who was transferred to the 60-day injured list.
Smith, 27, was a 4th-round pick by the Blue Jays back in 2017 and made his big league debut with the club in 2021, though he hit just .094/.194/.188 in 36 plate appearances with Toronto that season. Smith is perhaps most notable for being part of the four-player package the Blue Jays sent to Oakland in exchange for then-A’s third baseman Matt Chapman prior to the 2022 season. Smith would go on to appear in 96 games for the A’s over the 2022 and ’23 campaigns but again struggled to hit at the big league level as he posted a paltry .183/.218/.314 slash line in 297 trips to the plate as a member of the Athletics.
That meager offensive performance was enough to convince the A’s to non-tender Smith back in November, though he eventually joined the Yankees on a minor league deal back in January. This is actually Smith’s second stint with the big league club this year, as he was already called up once earlier this year the first time the club placed Berti on the shelf back in mid-April. Unfortunately for Smith, he ultimately made just one appearance in a Yankees uniform during that stint with the club and failed to record even one plate appearance before being designated for assignment and outrighted to Triple-A.
It’s possible this stint in the majors could be a similarly brief one as well. After all, the Yankees also announced earlier this afternoon that LeMahieu’s rehab assignment has been transferred to Triple-A and MLB.com’s Injury Tracker notes that manager Aaron Boone expects LeMahieu to rejoin the club at some point during their three-game set against the Angels that begins on May 28. LeMahieu’s initial IL placement was retroactive to March 25, meaning that today’s transfer to the 60-day IL is a purely procedural move that has no bearing on when the Yankees can activate him.
LeMahieu’s return from the shelf will be a huge relief for the Yankees, as they’ve struggled to get much production from much of their infield mix this year. Anthony Volpe has been excellent at shortstop this season while veteran first baseman Anthony Rizzo has held his own with a roughly league average slash line, but Gleyber Torres has struggled badly at the plate while acting as the club’s regular second baseman with a .221/.298/.318 slash line in 219 trip to the plate so far this year. It can be argued that Torres’s overall track record an above-average bat should earn him the opportunity to bust out of his slump, but the same can’t be said for Oswaldo Cabrera, who got off to a blazing start at the hot corner this year but has struggled badly over the past month with a .208/.253/.260 slash line in his last 25 games.
The club’s struggles to get offensive production from their infield mix are compounded by the loss of Berti, who was ice cold in six games with the club prior to being placed on the injured list in April but has heated up considerably in the month of May with a .306/.359/.389 slash line in 11 games. That production in conjunction with Berti’s experience all over the diamond except for first base and behind the plate made Berti a strong bench contributor to the Yankees’ scuffling infield, but now they’ll be without him for the foreseeable future. The Yankees have not yet announced a timeline for Berti’s return, although the utility man was seemingly unable to put weight on his leg while exiting last night’s game in the ninth inning, as noted by MLB.com.
Steinbrenner: Current Payroll “Not Sustainable”
With a 35-17 record that leads AL clubs and trails only the Phillies in the NL, the Yankees have been among the very best teams in baseball to start the 2024 campaign. That being said, all that winning has come at a price: RosterResource pegs the club’s payroll at a whopping $302MM this season, trailing only the Mets and Dodgers for the third-highest in the league while surpassing the fourth-place Phillies by nearly $60MM. It appears that club chairman Hal Steinbrenner doesn’t plan to keep payroll at those top-of-the-line levels, however, as he told reporters (including Dan Martin of the New York Post) yesterday that payroll will be coming down in the future.
“I’m gonna be honest, payrolls at the levels we’re at right now are simply not sustainable for us financially,” Steinbrenner said, as relayed by Martin.
He went on to point to the luxury tax as a limiting factor on the club’s spending. New York’s payroll is just over $312MM for luxury tax purposes this season. As a club that has gone over the lowest threshold more than two seasons in a row, the Yankees are subject to a tax that escalates from 50% to 110% of the overage above the league’s base threshold of $237MM. That figures to put them on the hook for more than $58MM in luxury tax obligations this offseason, a figure that could increase further depending on midseason additions and contract incentives. That’s a hefty bill, particularly considering the fact that (as noted by Cot’s Baseball Contracts) the club’s 2024 payroll breaks the franchise record payroll of roughly $278MM that was set just last season. Prior to the last two seasons, the club’s payroll generally set in the $200MM and $250MM range.
Scaling back payroll could be feasible for the for the Yankees somewhat naturally, as the club has just under $182MM in guaranteed money on the books for next year per RosterResource. That figure does not factor in arbitration-level contracts for players such as Nestor Cortes, Jose Trevino, and Clarke Schmidt, nor does it include the possibility of the club picking up options on the services of veterans like Anthony Rizzo and Luke Weaver. Even considering that, however, it’s reasonable to expect the Yankees to have some room to cut down payroll and still add in free agency this winter.
Of course, the elephant in the room regarding the coming free agent class is superstar youngster Juan Soto, who is slated to hit free agency this fall ahead of his age-26 season. Acquired from the Padres in a blockbuster swap back in December, Soto has been everything the Yankees could have hoped for in his first 51 games with the club, slashing an incredible .313/.409/.569 with a 15.1% strikeout rate, a 14.2% walk rate, and 13 homers in 232 trips to the plate. Given how vital a one-two punch of Soto and Aaron Judge has been to the club’s success this winter, it’s hard to imagine the Yankees not aggressively pursuing a long-term deal with their newly-acquired star.
Steinbrenner himself indicated recently that he hopes to see Soto remain with the club “for the rest of his career,” suggesting that the Yankees at least plan to make an effort to retain him beyond this season. With Soto widely expected to land a contract that rivals the $460MM net present value of the Shohei Ohtani deal from this past offseason, it would seemingly be difficult to significantly lower the club’s payroll while retaining Soto via what could be a massive raise over his current $31MM salary.
That’s not to say it can’t be done, of course. Steinbrenner’s comments also made note of the club’s ability to retain Soto, as he noted that the club has a “considerable amount” of money coming off the books this winter in comparison to last year. Gleyber Torres and Alex Verdugo are both pending free agents who have combined to make more than $20MM this season, and it’s feasible to imagine the Yankees allowing the pair to walk in free agency before offering their roles to younger players such as Oswald Peraza and Jasson Dominguez.
Yankees Outright Colby White
The Yankees announced that right-hander Colby White has been sent outright to Double-A Somerset. That indicates the righty cleared waivers after being designated for assignment earlier this week.
White, 25, was claimed off waivers from the Rays two weeks ago. By keeping him on their roster for that short amount of time and then passing him through waivers, the Yankees will get to keep him as non-roster depth. This is his first career outright and he has less than three years of service time, meaning he doesn’t have the right to elect free agency.
The righty was a sixth-round pick of the Rays in 2019 but hasn’t been able to pitch much in the early parts of his professional career. After a brief stint in Low-A in 2019, the minor leagues were cancelled by the pandemic in 2020. The year after, White went through four levels, finishing at Triple-A. He had a 1.44 earned run average in 62 1/3 innings, striking out a massive 45% of batters faced while giving out walks just 6.5% of the time.
Tommy John surgery early in 2022 wiped out that entire season, but the Rays nonetheless added him to their roster at the end of that year. After the numbers he put up in 2021, they understandably feared that he might get poached in the Rule 5 draft.
He returned to the mound last year but control, or the lack thereof, has become a mounting concern. He tossed 22 innings last year with a 1.64 ERA, striking out 27.6% of batters faced but also giving out walks 19.5% of the time. The free passes have finally caught up to him here in 2024, as he has walked a massive 23.1% of batters faced. That’s led to 17 earned runs allowed in 8 1/3 innings for an ERA of 18.36.
Now White will try to get over those control problems and get back on track. If he can get anywhere close to the kind of form he showed prior to his surgery, he could be a useful piece down the road for the Yanks.
MLBTR Podcast: The Likelihood Of A Juan Soto Extension, What’s In Store For Pete Alonso, And Corbin Carroll’s Struggles
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 Anthony Franco of MLB Trade Rumors to discuss…
- Yankees‘ chairman Hal Steinbrenner expressing openness to a Juan Soto extension (1:05)
- The Mets, Pete Alonso, extension talks and trade possibilities (9:00)
Plus, we answer your questions, including…
- What do you think about a trade between the Tigers, who are desperate for hitting, and the Orioles, whose bullpen hasn’t been great? Detroit has a surplus of good relief pitchers, could they be trade partners? (21:05)
- If Mason Miller were to be traded from the Athletics to another American League team and go on to win A.L. Rookie of the Year, would that team get an incentive draft pick? (26:30)
- Say Shota Imanaga and Yoshinobu Yamamoto finish at the top of Rookie of the Year voting in the National League, will the Cubs and Dodgers get the draft compensation for having them in the majors the whole season? Considering they both signed MLB contracts, that seems antithetical to the new draft compensation for well performing rookies rule. (28:05)
- Corbin Carroll? That’s pretty much the question: Corbin Carroll? Is there hope this season? How long can the Diamondbacks keep running him out there with no improvement in sight? I love the guy, I have as a keeper, and he was a big part of my plans for this season. Needless to say, it’s not going so well. (31:00)
Check out our past episodes!
- Paul Skenes, The Prospect Hype Machine, Willson Contreras And Rising Catcher’s Interference Rates – listen here
- Luis Arráez To San Diego, Other Marlins Trade Candidates And Discussing A Potential Automated Strike Zone – listen here
- Mailbag: José Abreu Demoted, The Positional Surplus Myth, Erick Fedde’s Trade Value And More – listen here
The podcast intro and outro song “So Long” is provided courtesy of the band Showoff. Check out their Facebook page here!
The New And Improved Clarke Schmidt
A lot has gone right for the Yankees in 2024. Even without the services of reigning Cy Young winner Gerrit Cole through the season’s 30% mark, they find themselves atop the American League East by a measure of two games over the second-place Orioles. The Rays, eight games back, are a distant third. Boston and Toronto follow with deficits of 8.5 games and 10.5 games, respectively.
Beyond Cole’s absence, the Yanks dealt with a prolonged slump for 2022 MVP Aaron Judge and have yet to get so much as a single at-bat from DJ LeMahieu due to a fractured foot suffered in spring training. Setup man Jonathan Loaisiga pitched only four innings before requiring internal brace surgery. On the flip side, Juan Soto has lived up to the billing as a middle-of-the-order force. Carlos Rodon and Nestor Cortes both look like the pitchers the Yankees expected them to be in 2023. Marcus Stroman has handled himself well, albeit with an uncharacteristic uptick in walks.
For all the big names turning in marquee and/or rebound performances, the Yankees have also seen substantial improvement from a key in-house arm. Righty Clarke Schmidt was a top prospect long before he made his MLB debut, and he made 29 serviceable starts last season, so it’s not as though he wasn’t expected to contribute at all this year. But heading into the season, Schmidt looked like a clear back-of-the-rotation arm.
About one-third of the way through the 2024 season, that’s no longer the case. Schmidt still looks the part of a big league starter, but he’s taken considerable steps forward and now looks like far more than a garden variety innings eater. Schmidt has upped his velocity by a bit more than a mile per hour on both his cutter (up from 91.5 mph to 92.6 mph) and sinker (93.6 mph in 2023, 94.7 mph in 2024). Schmidt is also taking a page from the Corbin Burnes playbook, throwing more cutters than at any point in his career, and doing so at the expense of his sweeper and sinker. It’s not an overwhelming change in pitch selection, but Schmidt has gone from throwing that cutter around 28% of the time to 35.5% of the time in 2024.
The biggest change for Schmidt, however, isn’t necessarily one of pitch usage but rather of pitch effectiveness. Opponents in 2023 teed off on his sweeper, blasting the pitch at a .276/.331/.559 pace when putting it into play. Opponents basically became 2023-24 Gunnar Henderson when putting Schmidt’s sweeper into play. That’s … not good. (Well, not good for Schmidt.)
In 2024, Schmidt has actually taken a bit of life off that breaking ball. Coupled with the uptick in cutter/sinker velocity, the gap between those harder pitches and his primary breaking ball has widened by around two miles per hour. Last year saw a 5.3 mph gap between his cutter and sweeper, and a 7.4 mph gap between the sinker and sweeper. This year, those differentials are up to respective marks of 6.9 mph and 9.0 mph. Additionally, by measure of Statcast, Schmidt’s sweeper is also generating an extra 3.3 inches of horizontal break over last year’s version of the pitch.
The tweaks are subtle but the changes in Schmidt’s results aren’t. Through his first 10 starts of the season, the right-hander touts a 2.59 ERA (3.54 FIP, 3.38 SIERA). His strikeout rate is up from 21.5% to a career-best 27.2%. His walk rate has worsened, but only slightly, and at 7.6%, it’s still a percentage point better than the league average. Schmidt is generating more swinging strikes (10.2% in 2023, 12.2% in 2024), getting more called strikes and has seen his opponents’ contact rates drop both in the zone and off the plate. A hearty 41% of batted balls against Schmidt last year traveled 95 mph or more, but this year that rate is down to 34.8%. His opponents’ average exit velocity is down roughly one mile per hour. He’s allowing less contact, and the balls that are put into play against him are generally more timid in nature.
Schmidt’s step forward is well-timed for the Yankees on multiple fronts. Not only does it dovetail with a time when rotation depth is paramount for the Yankees as they await Cole’s return, it also comes when Schmidt is still controllable for a considerable period of time. Schmidt is 28 and already into arbitration, earning $2.184MM this season, but he’s a Super Two player who was only first-time eligible this past offseason. The Yankees control him for three more seasons.
While Schmidt’s arb price will rise considerably if he can sustain even 80% of the gains he’s made this season, he’ll still be priced well below market levels at a time when the Yankees are in the final years of some relatively heavy veteran contracts. Stroman ($18.5MM next season, plus an $18MM vesting option for 2026), Anthony Rizzo ($17MM club option), LeMahieu ($15MM in 2025 and 2026), will all still be on the books in the short-term, when Schmidt’s price tag is particularly affordable. Given the Yankees’ long-term commitments to Cole, Judge, Rodon and Giancarlo Stanton — plus their obvious hope of re-signing Soto — having low-cost contributors like Schmidt play key roles is of even greater importance.
Speaking of Soto, his very presence on the roster made it crucial that Schmidt and other in-house arms step up in 2024. The Yankees parted with notable pitching depth to acquire Soto from San Diego, sending Michael King, Jhony Brito, Randy Vasquez and top prospect Drew Thorpe to the Padres in that package. King would’ve been locked into a rotation spot in the Bronx, and each of Brito, Vasquez and Thorpe were depth options for this year’s rotation. You could argue it’s a quantity-over-quality group, but the Soto trade left the Yankees with much less depth to rely on in the event of injuries. A step back from Schmidt would’ve been magnified even further with Cole on the shelf.
Instead, Schmidt has taken significant steps forward — thanks to changes that make much of his improvement feel sustainable. He’s not likely to keep running a sub-3.00 ERA, but Schmidt looks far more like a mid-3.00s type of pitcher than the 2023 version of himself that appeared ticketed for a mid-4.00s mark.