Yankees Acquire Alex Verdugo

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 DuranWilyer 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

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.

More from around the AL East…

  • Former first overall pick Jackson Holliday has been nothing but impressive over his two pro seasons, to the point that Orioles GM Mike Elias said it is “a very strong possibility” that Holliday could be on Baltimore’s Opening Day roster.  “I don’t want to put the cart before the horse, but he had an historic first full season in the minors….He’s going to be treated in this major league camp not like a prospect where we’re kind of having fun and having him in camp for the experience of it, but like a guy trying to make the team,” Elias told Roch Kubatko of MASNsports.com and other reporters.  Holliday has played mostly shortstop with some second-base time in the minors, and Elias said the 20-year-old will continue at those two positions in Spring Training.  Often seen as the Orioles’ shortstop of the future, Holliday’s exact position isn’t yet known due to the sheer glut of talent Baltimore has in the pipeline and on the MLB roster, particularly in the infield.  To this end, Elias isn’t concerned about finding playing time for everyone or keeping Holliday at a set position, since defensive versatility is “part of baseball now and it provides a lot of value.  There’s very, very, very, few players that just stand in the same spot and nowhere else.”
  • Yankees manager Aaron Boone gave reporters (including The Athletic’s Chris Kirschner and Brendan Kuty) updates on the offseason progress of some players plagued by injuries in 2023.  Nestor Cortes was limited to 63 1/3 innings due to two rotator cuff strains, but Boone said the southpaw has now started a throwing program.  Anthony Rizzo is expected to have a normal offseason program after being cleared of post-concussion syndrome, hopefully concluding a bizarre sequence of events that saw Rizzo keep playing for more than two months after suffering an apparent concussion in late May.  Rizzo was placed on the IL in early August and then shut down for the season at the start of September, though Boone said that the first baseman was “probably game-ready and ready to go” by the end of the season.  Jose Trevino‘s season was ended by wrist surgery in July but the catcher is expected to be set for the start of Spring Training.

Latest On Juan Soto

Recent reporting on the trade talks between the Padres and Yankees regarding superstar outfielder Juan Soto have indicated that the sides have hit an impasse in their trade discussions. Jon Heyman of the New York Post reported this morning that the sides haven’t talked since San Diego requested the previously-reported multi-player package centered round right-handers Drew Thorpe and Michael King, though The Athletic’s Brandon Kuty suggests that discussions between the sides are expected to reignite during the Winter Meetings this week.

Kuty goes on to discuss the current state of discussions between the sides, with a few noteworthy updates to past reporting. While San Diego’s proposal was previously believed to be a six- or seven-player package centered around King and Thorpe plus salary relief in exchange for Soto and Trent Grisham, Kuty suggests that the Padres proposed an eight-for-two swap with right-handers Clarke Schmidt, Jhony Brito, and Randy Vasquez all included in addition to King and Thorpe. The other three players in San Diego’s proposal are not known, though Kuty suggests that top prospects Oswald Peraza and Everson Pereira both are “figured to be on the table” in discussions.

The mention of Pereira as a potential piece in a Soto is especially noteworthy as past reporting has indicated that the 22-year-old has not been part of discussions between the sides. The young outfielder has emerged as a consensus top-100 prospect in the sport after slashing .300/.373/.548 in 81 games split between Double-A and Triple-A this season, though he struggled in a 27-game cup of coffee with an anemic .151/.233/.194 slash line in 103 big league plate appearances down the stretch. The inclusion of Pereira as a big-league ready outfield option could make plenty of sense for San Diego, particularly if the club parts with both Soto and Grisham in a deal.

While the specifics of reports on the Padres’ requested return package have conflicted, it’s clear that San Diego is hoping to receive a hefty return with a focus on MLB-ready pitching. What’s more, there’s a clear consensus between reports that the Yankees are particularly hesitant to include King and Thorpe in a package for Soto. Despite the gap between the sides in trade discussions, Kuty notes that restarting talks makes plenty of sense for both sides. The impetus behind a Soto deal for San Diego is the club’s desire to cut payroll, and Soto’s projected $33MM salary (courtesy of MLBTR contributor Matt Swartz) limits the number of teams that could realistically fit a deal for Soto into their budget. Meanwhile, Kuty notes that the Yankees are facing considerable pressure to improve after missing the playoffs with an 82-80 2023 campaign.

While Kuty notes that Cody Bellinger is another star-caliber lefty outfielder who the Yankees have interest in, no outfield addition is appealing to the club as Soto. Likewise, Kuty suggests that the Blue Jays represent a potential suitor for Soto if the Padres can’t get a deal done with New York. It’s a suggestion further backed up by SNY’s Andy Martino, who describes Toronto as a “real contender” for Soto, with Heyman adding that right-hander Alek Manoah has come up in discussions between San Diego and Toronto. That said, Martino suggests that the Jays are believed to prefer to wait on a Soto deal until they know whether or not they’ll be successful in their bid for superstar slugger Shohei Ohtani.

Kuty suggests that waiting for Ohtani to make a decision could be a double-edged sword for the Padres. While another superstar-caliber left-handed slugger coming off the board could raise the pressure on interested clubs to acquire Soto, the Padres are likely to attempt to use the savings from a Soto deal to explore the free agent starting pitching market, and waiting to move Soto could leave San Diego with less options on that front. While the free agent market has largely moved slowly to this point in the offseason, the top end of the rotation market has been something of an exception to that rule with Aaron Nola and Sonny Gray having already signed on in Philadelphia and St. Louis, respectively.

Yankees, Padres Reportedly Far Apart In Juan Soto Trade Talks

The Yankees are known to have interest in Padres outfielder Juan Soto but it doesn’t seem as though a trade is close to coming to fruition. Per reports from Ken Rosenthal, Dennis Lin and Brendan Kuty of The Athletic, Jon Heyman of The New York Post and Andy Martino of SNY, talks have stalled with a noticeable gap between the two clubs. Heyman says that “at least nine” clubs have checked in, while the report from The Athletic says the Blue Jays are involved.

All the reports indicate that the Padres are asking for a multi-player return, with Martino reporting that the Friars asked for Michael King, Drew Thorpe and four or five other prospects such as Randy Vásquez and Jhony Brito, as well as salary relief for Soto and Trent Grisham, who was also in the discussions. He adds that none of Jasson Dominguez, Anthony Volpe, Gleyber Torres, Austin Wells or Everson Pereira are involved. The report from The Athletic identifies Clarke Schmidt as a target.

It seems there is a disparity in how to value Soto, who is incredibly talented in a vacuum but there are other factors that could diminish his value in a trade. He only just turned 25 years old but has already played in 779 big league games with 160 home runs. He has drawn walks in 19% of his plate appearances while striking out in just 17.1% of them. He has slashed .284/.421/.524 overall for a wRC+ of 154, indicating he’s been 54% better than the league average hitter.

But he is now just one year removed from free agency, with MLBTR contributor Matt Swartz projecting an arbitration salary of $33MM next year. It is generally expected that signing him to an extension will be extremely difficult, given that he’s about to hit the open market just after his 26th birthday, a uniquely young age for a free agent. The Nationals reportedly offered him an extension of $440MM in July of last year, eventually putting him on the trading block when he rejected it. Since then, he banked $23MM in 2023 and is set to add about $33MM more next year, increasing his earning power as he has moved to free agency. That makes him seen by many in the industry as a one-year rental.

Shortly after that extension was turned down, the Nats were able to trade Soto and Josh Bell for a package of six players:  C.J. AbramsMacKenzie Gore, Robert Hassell III, James Wood, Jarlin Susana and Luke Voit. But that was when Soto still had two and a half years of control remaining. Now he is down to one year and his salary has increased to roughly market rate for a star player.

Given the changing circumstances, his trade value should be far lower now than it was when the Padres acquired him. But the Padres still seem to be asking for a significant package of players, seemingly focused on pitching. King still has two years of control whereas Vásquez and Brito each have six. Thorpe is one of the Yankees’ top pitching prospects and hasn’t reached Triple-A yet. From the perspective of the Friars, they think the Yankees are acting like the only suitors, presumably extending offers the Padres consider non-starters.

It’s possible that this is just a classic case of early negotiations, where both sides stake out extremely unreasonable positions and gradually meet in the middle. But both sides also have the option of pivoting elsewhere. The Padres seem to have many other clubs calling, while the Yanks can walk away from Soto and pursue free agents like Cody Bellinger. They are known to be looking for two outfielders, which is presumably why Grisham’s name has been brought up in talks, but the Yanks could always looks elsewhere.

As for the Jays, it’s unsurprising that they are involved. General manager Ross Atkins has admitted that the club is looking for significant upgrades to their lineup, targeting big names like Bellinger and Shohei Ohtani. Like many things this offseason, the ultimate outcome might have to wait for a decision from Ohtani. Recent reporting indicates the Jays are one of the handful of clubs still involved as Ohtani’s market whittles down. But if they end up just missing there, they could call up the Padres and try to get something done for Soto.

Some reports have suggested that the Friars could look to finish a Soto deal as soon as next week’s Winter Meetings, but it might actually be in their best interests to wait. Since nothing is close with the Yankees and the Jays are waiting on Ohtani, the Padres might get a better deal with a bit of patience. Earlier reporting has suggested the Cubs, Giants and Phillies could be involved and there are other speculative fits as well.

Despite Soto’s immense talent, he’s available in trade talks due to the budgetary concerns in San Diego. The club’s payroll for next year is currently estimates by Roster Resource to be around $189MM. Due to aggressive spending in recent years and their loss of broadcast revenue with the bankruptcy of Diamond Sports Group, they are expected to be working with a reduced payroll of around $200MM this year. That means they are almost at their limit before addressing the significant losses to their rotation. Blake Snell, Seth Lugo, Michael Wacha and Nick Martinez reached free agency at season’s end, leaving them with Joe Musgrove, Yu Darvish and plenty of uncertainty beyond those two.

It appears that president of baseball operations A.J. Preller is trying to kill two birds with one stone, moving Soto and his projected to salary to both clear out some payroll space and bring in the pitching they sorely need. Whether he can pull it off will be one of the most interesting storylines to follow in the weeks to come.

Yankees Claim Oscar Gonzalez From Guardians

The Yankees have claimed outfielder Oscar Gonzalez off waivers from the Guardians, reports Jack Curry of YES Network. There wasn’t any public indication that Gonzalez was removed from the Cleveland roster but they evidently tried to pass him through waivers without success. Cleveland’s 40-man roster is now at 39 while the Yankees are at 37.

Gonzalez, 26 in January, is coming off a dismal season in 2023. In 54 big league games, he struck out in 25.6% of his plate appearances while walking at just a 2.8% rate. He hit just two home runs and produced a batting line of .214/.239/.312 for a wRC+ of 49.

That was a big drop from a solid rookie season in 2022, wherein Gonzalez hit 11 home runs in 382 plate appearances. His 3.9% walk rate was still well below average but his strikeout rate was a more manageable 19.6%. He slashed .296/.327/.461 overall for a wRC+ of 125. He also became known to many baseball fans for using the SpongeBob SquarePants theme song as his walk-up music.

Despite that strong 2022 campaign, the poor plate discipline is an ongoing issue. He has swung at 49.1% of pitches outside the strike zone in his career, the highest rate among MLB hitters with at least 550 plate appearances over the past two seasons. In 2,734 minor league plate appearances, he has walked in just 109 of them, a 4% rate.

Gonzalez is generally considered a poor defender in an outfield corner and he’s not a huge stolen base threat, so the offense really needs to carry the profile. Chasing pitches off the plate and the resulting lack of walks have always been an issue for him. He hit enough in 2022 to overcome those faults but crashed back to earth in 2023. He clearly fell out of the plans in Cleveland, spending much of this year in the minors and now departing organization completely.

The Yankees are known to be looking for outfield help but Gonzalez is likely to just be a depth pickup. He still has a couple of option years remaining, which means the Yanks can keep him in Triple-A until they need him in the majors, either due to an injury or Gonzalez showing himself to be in good form. While struggling with the Guards last year, he spent a lot of time in Triple-A and hit .287/.323/.496 at that level for a wRC+ of 98.

The Yanks have Aaron Judge in one outfield spot but will likely pursue external additions to fill out a couple more. They have been connected in rumors to players such as Juan Soto of the Padres and free agent Cody Bellinger. How they fare in their pursuits of those players and others will ultimately determine how high Gonzalez is on the depth chart. He figures to be battling players like Everson Pereira, Estevan Florial and Oswaldo Cabrera for playing time as depth outfielders.

Padres Continuing Juan Soto Trade Talks

Chatter about a potential Juan Soto trade has gained steam within the past few days. Ken Rosenthal of the Athletic wrote on Tuesday the Padres were “almost certain” to deal the star outfielder this offseason. Jeff Passan of ESPN reported this morning that the Friars are engaging other clubs in discussions about the winter’s top trade candidate.

While there’s no indication one team has moved ahead as any sort of favorite, it seems increasingly likely the Padres will pull the trigger on a deal — perhaps as soon as next week’s Winter Meetings. San Diego’s biggest motivation would be to subtract Soto’s arbitration salary, projected at $33MM by MLBTR contributor Matt Swartz, from their books. Making a trade relatively early in the offseason would afford the front office more clarity as they subsequently look to deepen the roster in other areas.

The Yankees have made no secret of their desire to add a left-handed hitting outfielder. None would be as impactful as Soto, who could slot into left field to form an otherworldly corner outfield tandem with Aaron Judge. On Wednesday, SNY’s Andy Martino wrote that while San Diego and the Yankees continued ongoing dialogue, talks were still in their early stages and no deal was close.

[Related: The Best Fits For A Juan Soto Trade]

If the Padres accelerate discussions on Soto with the Yankees or another team, it seems controllable starting pitching would be a focal point of the return. Brendan Kuty of the Athletic wrote on Wednesday that San Diego was looking for upper-level rotation help in Soto talks. Both Passan and Dennis Lin of the Athletic expressed a similar sentiment.

That’s no surprise. Rotation depth is the biggest question facing president of baseball operations A.J. Preller and his front office. Each of Blake SnellMichael WachaSeth Lugo and Nick Martinez hit free agency. (Martinez has already come off the board by agreeing to a two-year deal with the Reds.) Beyond Yu Darvish and Joe Musgrove, the Padres have some combination of Pedro AvilaJay GroomeMatt WaldronGlenn Otto and Jairo Iriarte as rotation options. That’s nowhere near sufficient for a team that hopes to compete, meaning the Padres need to bring in at least two (ideally three) starters.

That’d be difficult to accomplish via free agency. Lin wrote yesterday that the team was currently operating with around $10-20MM in payroll space. That probably wouldn’t be enough to add more than one notable starter. As shown on MLBTR’s contract tracker, the cost of back-end starting pitching has landed in the low eight-figure range early in the offseason. Lance Lynn and Kyle Gibson signed with St. Louis for $11MM and $13MM, respectively. Martinez secured a $13MM average annual value on his contract with Cincinnati. Rebound candidate Luis Severino received a $13MM guarantee from the Mets.

Adding someone of that nature could require all of the financial resources presently at the front office’s disposal. The Padres need multiple starters and are likely to look for some kind of relief help after seeing Josh Hader hit free agency and flipping Scott Barlow to the Guardians for Enyel De Los Santos. They need a backup catcher behind Luis Campusano and could stand to bring in position player depth off the bench.

Accomplishing all that won’t be possible without clearing payroll. They have smaller alternatives outside of a Soto trade. Center fielder Trent Grisham, with a projected $4.9MM arbitration salary, could move. There’d be plenty of interest in second baseman Ha-Seong Kim, who is due $10MM (including a $2MM buyout on a 2025 mutual option) in his final season before free agency. They’d have a harder time offloading the likes of Jake Cronenworth or Robert Suarez and almost certainly won’t be able to trade Xander Bogaerts, whose $280MM free agent deal seemed well above market value.

Soto projects as the highest-paid player on next year’s roster. Trading him would clear the most short-term spending room of any move the Padres could make. They’d bring back some amount of MLB-ready help in that deal, although they’d clearly recoup far less than they surrendered to acquire Soto at the 2022 trade deadline. With only one season of club control and a hefty projected salary that’ll rule out a lot of organizations, the trade value is less than one might expect for an MVP-caliber player.

The closest analogue is the 2020 Mookie Betts trade. The Red Sox received Alex VerdugoJeter Downs and Connor Wong while offloading around $48MM on the underwater David Price contract. Verdugo, the headliner, was a 24-year-old outfielder with five seasons of club control who had hit .294/.342/.475 the year before. (By measure of wRC+, that was 12 percentage points better than league average in the “juiced ball” 2019 season.) Downs ranked 86th on Baseball America’s Top 100 prospects at the time. Wong was a mid-tier talent in the Dodgers farm system.

San Diego should top that return if they’re not attaching another contract. Yet it’s possible they don’t return anyone as valuable as the top three talents (MacKenzie GoreCJ Abrams and James Wood) whom they sent to the Nationals to acquire Soto.

Each of Kuty and Jon Heyman of the New York Post unsurprisingly indicate the Yankees are unlikely to include Jasson Dominguez or Anthony Volpe in a Soto package. Kuty adds that New York is also reluctant to relinquish pitching prospect Drew Thorpe, while Heyman indicates they prefer to retain Michael King. Both Kuty and Heyman float right-hander Clarke Schmidt as a possible piece of the return. Schmidt, who is projected for a $2.6MM salary and eligible for arbitration for four seasons, would likely be more of a secondary piece after turning in a 4.64 ERA with decent strikeout and walk numbers over 159 innings.

Of course, the Padres will consider offers from teams outside the Bronx. The Cubs have shown interest; Passan floats the Giants and Phillies as possibilities, although a deal with San Francisco would be made challenging by the intra-divisional aspect. They’ll likely be limited to high-payroll clubs with a legitimate chance to compete in 2024. As a one-year rental, Soto isn’t a fit for teams that aren’t firmly in “win-now” mode.

Martino reported yesterday that the Mets were likely to remain on the sidelines as they align their contention window more firmly towards ’25. Passan indicates the Red Sox have a similar reluctance to surrender much future value for a rental. He adds that the Mariners — a strong fit from a roster perspective — may be deterred by Soto’s projected salary.

As for San Diego, trading Soto would open the ability to make a run at some players in the middle tiers of free agency. Passan reports that the Friars could pursue KBO center fielder Jung Hoo Lee and/or NPB reliever Yuki Matsui if they made a move on Soto. Lee, whom MLBTR predicts for a five-year, $50MM pact, could step into the outfield spot vacated by Soto’s departure. MLBTR predicted a two-year, $16MM contract on Matsui — a left-hander who worked to a 1.57 ERA with a 32.4% strikeout rate in 57 1/3 innings during his final season in Japan.

Yankees Showing Interest In Jordan Montgomery

The Yankees seem to be considering a reunion with former rotation stalwart Jordan Montgomery, according to the New York Post’s Jon Heyman.  The club has been “looking at” Montgomery as a possible offseason signing, and it appears to be slightly more than just due diligence, as Heyman writes that “the Yankees have been particular about rotation targets.”  Previous reports have linked such arms as Yoshinobu Yamamoto, Frankie Montas, Yariel Rodriguez, and (before he re-signed with the Phillies) Aaron Nola to the Yankees’ pitching wishlist, and it’s probably safe to assume the Bronx Bombers have some level of interest in Shohei Ohtani even though he won’t be able to pitch in 2024.

Obviously Montgomery is a known quantity for the Yankees, having started his pro career in the pinstripes after being drafted in the fourth round in 2014.  Debuting in the majors in 2017, Montgomery posted a 3.94 ERA, 22.68% strikeout rate, and 6.93% walk rate over his 502 2/3 innings with New York, establishing himself as a solid and even underrated member of the starting five.

Despite this success, the left-hander was dealt to the Cardinals at the 2022 trade deadline in a move that since become infamous in the Bronx.  Harrison Bader came from St. Louis in the one-for-one-swap, and apart from a spectacular power surge during the Yankees’ 2022 playoff run, Bader’s time in New York was a disappointment.  The outfielder played in only 98 regular season games due to injuries, and hit .237/.274/.353 over 359 plate appearances before the Yankees put him on waivers this past August.

Meanwhile, Montgomery’s star (and free agent price tag) only continued to rise.  He pitched well for St. Louis during the rest of the 2022 season and into 2023, though the Cardinals’ own struggles saw Montgomery again on the move at the deadline, this time to the Rangers.  From there, Montgomery became one of the key factors of the Rangers’ World Series run — he posted a 2.79 ERA over 67 2/3 innings in the regular season just to help Texas get into the playoffs, and the lefty then had a 2.90 ERA over 31 postseason frames.

MLBTR ranked Montgomery sixth on our list of the winter’s top 50 free agents, projecting him for a six-year, $150MM contract.  Nola received the same projection and landed a seven-year, $172MM deal from Philadelphia, so it is quite possible Montgomery might also beat our prediction even though he is six months older and has a past Tommy John surgery on his record.  However, Montgomery wasn’t eligible for the qualifying offer due to the midseason trade, so a team that signs him wouldn’t have to surrender any draft picks or international pool money as compensation.

This is undoubtedly of interest to a Yankees team that surpassed the luxury tax last year, and thus would pay the higher penalty of two picks and $1MM of int’l bonus money for signing any qualified free agent.  New York’s interest in such players as Nola, Ohtani, or Cody Bellinger indicates that the Bombers are open to signing QO-rejecting free agents, though it’s fair to speculate that the Yankees might be willing to take the plunge for only one such player.  For instance, Bellinger might be a bit of a priority since hitting is a greater need for the Yankees, but they could then also look one of many non-QO pitchers, including top-tier names like Yamamoto or Montgomery.

It is fair to speculate whether or not the past history with Montgomery and the Yankees is an obstacle in any negotiations.  Naturally GM Brian Cashman would love to have a do-over of the Bader trade, and since his concerns over Montgomery’s viability as a postseason starter have now been firmly proven wrong, what better public mea culpa than a $150MM contract?  Montgomery might see it as water under the bridge and be willing to return to complete some unfinished business in the Bronx.  On the other hand, it seems possible that Montgomery simply wants to move on from an organization that once considered him expendable, and would prefer to join either a new team altogether or one of his other former clubs in Texas or St. Louis.

Yankees Hire Brad Ausmus As Bench Coach

The Yankees have hired Brad Ausmus to be their bench coach, reports Joel Sherman of The New York Post. The position was left vacant when Carlos Mendoza was hired away to be the manager of the Mets.

Ausmus, 55 in April, played in the big leagues from 1993 to 2010. After his playing days were over, he quickly jumped into coaching and was a manager not long after, getting the skipper job with the Tigers in 2014. He held that job for four seasons, running through the 2017 campaign. The club made the postseason in his first year at the helm but missed in the next three and he wasn’t brought back after his contract expired.

He then joined the Angels as a special assistant to general manager Billy Eppler but moved back into the skipper’s chair going into 2019. He signed a three-year deal but was fired after just one season in which the Halos went 72-90. He returned to a big league dugout in 2022, working as bench coach for the A’s, providing first-time manager Mark Kotsay with an experienced lieutenant. He didn’t return to that job for 2023, reportedly seeking a front office position. He was considered by the Astros for their general manager vacancy, but Dana Brown ultimately got that job and Ausmus is now set to jump back into a bench coach role for 2024.

This will be the first time the Yanks have a new bench coach in a while, as Mendoza had held steady in that gig for the past four seasons before moving to Queens. The Yanks also made a change at hitting coach, with Sean Casey opting not to return and getting replaced by James Rowson.

Yankees, Yerry De Los Santos Agree To Minor League Deal

Nov. 21: De Los Santos indeed signed a minor league deal with an invite to spring training, reports Joel Sherman of the New York Post, further adding that the righty would earn $900K upon making the roster. De Los Santos also has out clauses in the deal on June 1 and July 1.

Nov. 20: The Yankees have an agreement with reliever Yerry De Los Santos, his representatives at Epitome Sports Management announced on Instagram. While the agency didn’t specify the terms, it’s very likely a minor league contract with an invitation to Spring Training.

De Los Santos became a free agent two weeks ago after he went unclaimed on waivers. That ended his career-long tenure with the Pirates. The righty signed with Pittsburgh as an amateur in 2014. He got to the big leagues eight years later, tossing 25 2/3 innings of 4.91 ERA ball as a rookie. He took on a similar workload this past season, tallying 24 1/3 frames over 26 MLB appearances.

The 25-year-old (26 next month) turned in a 3.33 ERA for the Bucs this year. That’s a solid mark on the surface but comes with an underwhelming strikeout and walk profile. He handed out free passes at a 12.5% clip while punching out a well below-average 17.3% of batters faced. De Los Santos had only slightly better strikeout and walk numbers in Triple-A, where he was tagged for a 6.12 ERA over 25 innings.

That combination of middling control and a subpar whiff rate led teams to opt against devoting him a 40-man roster spot when he hit waivers. He’s a sensible target for the Yankees as a non-roster addition, however. New York tends to prioritize ground-ball arms in the late innings. They’ve led the majors in ground-ball percentage from their relief corps in consecutive seasons.

De Los Santos fits the mold. He relies primarily on a sinker that averaged 95 MPH at the big league level. That has resulted in a grounder rate north of 53% in his MLB career. (The league average for relievers sat at 43.6% this year.) De Los Santos has a pair of minor league options remaining. If he cracks the MLB roster, the Yankees could move him between the Bronx and Triple-A without exposing him to waivers.

Yankees, Giants Expected To Pursue Jung Hoo Lee

South Korean outfielder Jung Hoo Lee is one of the more intriguing players who’ll be available in this year’s free agent class. The Kiwoom Heroes will make him available to MLB teams via the posting system at some point in the next few weeks.

In an appearance on the MLB Network this afternoon, Jon Morosi suggested the Yankees and Giants are likely to pursue Lee once his free agency opens (X link). It’s not surprising that either team would have interest. Previous reports have indicated San Francisco and New York had done scouting work on Lee during his run in the Korea Baseball Organization. He fits the profile that both teams are known to be targeting this winter.

Lee, 25, is a left-handed hitting center fielder. A hit-over-power offensive player, Lee posted an OPS north of .900 in each season between 2020-22. He won the KBO MVP award with a .349/.421/.575 showing in ’22 but had a disappointing platform year. Lee’s power production plummeted; he hit only six home runs while slugging .455 over 86 games and 387 trips to the plate. His season ended in July when a left ankle injury required surgery. That came with an estimated three month rehab process, so it’s not expected to affect his availability for Spring Training.

While that’s clearly not the season Lee envisioned preceding his jump to the majors, he’ll still be a target for various teams. He’s atypically young for a free agent. Evaluators praise his pure contact skills and strike zone awareness, although there could be some division among teams about whether he projects as an MLB center fielder. Lee’s fringe power would be more alarming if a club feels he’s a better defensive fit in the corner outfield.

Yankees general manager Brian Cashman told reporters at the GM Meetings they’d like to add two outfielders — ideally ones who hit from the left side. Giants president of baseball operations Farhan Zaidi has suggested that adding athleticism to their outfield is an offseason priority. Not coincidentally, those clubs are generally speculated as strong fits for Cody Bellinger. Lee is a riskier bet without a body of work against big league pitching but isn’t going to approach Bellinger’s contract.

Of course, there’ll be more teams involved once the posting process gets underway. The Padres have previously been tied to Lee, while teams like the Mariners, Nationals and Royals make sense on paper. Seattle needs corner outfield help and is looking for high-contact hitters. Washington and Kansas City have short-term uncertainty in the outfield and could view Lee as a candidate for a free agent strike as they look to pull out of rebuilds. Given his youth, he’d align better with their competitive timelines than would most free agents.

Show all