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Pitching Market Chatter: Cole, Herrera, Soria, Cishek, Rondon

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With lots of information flying around the Winter Meetings, let’s check in on a few interesting notes on the pitching market:

  • The Yankees have shown interest in Pirates ace Gerrit Cole, Jon Heyman of Fan Rag tweets, but have been left to believe that Cole won’t be moved. Pittsburgh’s intentions for the winter have never really been clear, with a few notable veterans nearing free agency but a core in place that might still contend in the near term. Presumably, the Bucs are still weighing their options. If a Cole deal is considered, it’s not entirely certain whether the team would prioritize long-term prospect value or prefer instead to bring back controllable assets already playing at the MLB level. While the 27-year-old was less than dominant in 2017, he was able to top two hundred frames and averaged a typical 8.7 K/9 with 2.4 BB/9. The asking price, in other words, will likely still be lofty for a pitcher with a front-line reputation. If the Yankees are serious about pursuit, they’d surely have some interesting pieces to dangle.
  • The Royals are willing to consider trade scenarios involving closer Kelvin Herrera, Joel Sherman of the New York Post reports. Righty Joakim Soria is also available via trade, per a report from ESPN.com’s Jerry Crasnick (via Twitter). That doesn’t rate as much of a surprise given the team’s relatively hefty payroll and questionable chances of contention. Indeed, recent indications are that some sort of rebuilding effort could be in the works. Herrera is coming off of a middling campaign, but also has a history of late-inning success and is projected to earn a relatively palatable $8.3MM in his final season of arb eligibility. Soria, 33, only carried a 3.70 ERA in his 56 frames in 2017, but did post a healthy 10.3 K/9 against 3.2 BB/9. He’s slated to earn $9MM in 2018 and is also promised a $1MM buyout on a 2019 mutual option.
  • Despite some cautionary comments from GM Sandy Alderson yesterday, the Mets are giving indications that they will land at least one reliever over the Winter Meetings, Sherman reports on Twitter. But it’s more likely the team will secure a shorter-term asset than one of the premium setup men they’ve been connected to in the past, he adds. Righty Steve Cishek is one pitcher that has drawn New York’s attention, per Marc Carig of Newsday (via Twitter). The veteran sidearmer finished 2017 with a strong run for the Rays, posting a 1.09 ERA with 9.5 K/9 and 2.6 BB/9 in his final 24 2/3 innings after coming over from the Mariners over the summer.
  • As the Nationals look into possible bullpen additions, the club could consider free agent Hector Rondon, Jorge Castillo of the Washington Post reports on Twitter. Washington was among the teams that spoke with the Cubs about Rondon before he was non-tendered. The Nats and others obviously were not willing to risk an arbitration hearing with a player who projected at $6.2MM, but presumably there’ll be fairly wide interest at a lower price tag. Though he faded a bit in 2017, Rondon still carried 10.8 K/9 and 3.1 BB/9 while maintaining his typically robust fastball velocity and also showing career highs in swinging-strike (11.9%) and groundball (48.3%) rates.

Yankees Acquire Giancarlo Stanton

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MONDAY: The trade is now official, per club announcements.

SATURDAY: It would appear that the Giancarlo Stanton saga has come to a close. The Yankees are set to acquire the 2017 NL MVP from the Marlins in exchange for infielder Starlin Castro, along with minor-leaguers Jorge Guzman and Jose Devers. The Marlins will also send the Yankees $30MM in cash if Stanton does not opt out of his contract after the 2020 season. The deal is still pending a physical.

Jon Heyman of FanRag Sports was the first to report that a deal was set, while Joel Sherman of the New York Post mentioned earlier that a deal was “virtually in place”, adding that Castro would be part of the deal. While some other cash numbers were mentioned by some reporters earlier in the day, Ken Rosenthal of The Athletic was the first to mention the $30MM figure that has since been confirmed by Morosi as well as Mark Feinsand of MLB.com. Credit goes to Sherman for the report that the prospects involved are in the low minors, as well as first breaking the news that those prospects were Guzman and Devers. Sherman was also the first to report that the Yankees will only get the cash if Stanton doesn’t opt out after 2020.

While there was initially some uncertainty surrounding whether or not Stanton would waive his no-trade clause, that dissolved when Heyman reported that Stanton was on his way to New York City for his physical. Stanton will retain no-trade privileges after the one-time waiver, Heyman adds on Twitter, so he’ll still control his destiny if the Yanks end up trying to move the contract in the future.

The acquisition of Stanton by the Yankees brings a dramatic swirl of trade rumors to a firm close. There had been speculation about Stanton’s availability as early as July, though a trade never materialized despite Stanton reportedly clearing revocable trade waivers. Early in November, reports surfaced that the Marlins were interested in moving Stanton (and other big contracts) in order to trim payroll to about $90MM before the start of the 2018 season. While the Marlins were able to work out the framework for deals "<strongwith the Cardinals and Giants, Stanton ultimately used his no-trade clause to block those deals. The Marlins were ultimately forced to settle for a lesser prospect return from the Yankees, although Derrick Goold of the St. Louis Post-Dispatch reports that the Yankees took on more of Stanton’s salary than the Cardinals were willing to.

Stanton will add even more power to a Yankees lineup that finished the 2017 season with 241 homers; more than any other MLB club. Notably, Stanton will unite with the only other player to finish this past season with more than 50 homers: Rookie of the Year Aaron Judge. Those two right-handed power threats, along with a third in catcher Gary Sanchez, should become an absolute terror for opposing left-handed pitchers.

The Yankees have made it clear that they plan on trying to get below the luxury tax threshold in 2018, and while the acquisition of Stanton would seem to run contrary to that objective, making the two work in tandem could be easier than it would initially appear. Luxury tax implications are based on the average annual value of guaranteed contracts, and Stanton’s figure towards the threshold is based off of his entire contract with the Marlins. Since that deal was for 13 years and $325MM, Stanton’s luxury tax contribution will be $22MM annually, thanks to the conditional $30MM contribution from the Marlins. The average annual value of Castro’s contract is $8.6MM, so the Stanton trade will only add about $13.4MM to the Yankees payroll in 2018 for luxury tax purposes.

The Stanton deal will no doubt have an enormous ripple effect throughout baseball, starting with the AL East. The Red Sox stand out as big losers in this deal; not only did they hope to acquire Stanton themselves after finishing last in the AL in home runs, but the 2017 homer champ will be another right-handed power threat to a lefty-heavy Boston rotation that includes Chris Sale, David Price and Eduardo Rodriguez. In addition, the Stanton deal further bolsters a Yankees team that looked formidable even without the reigning NL MVP, meaning that Toronto, Baltimore and Tampa Bay (who seem to be on the fringes of contention) might reconsider their intentions to seriously compete for a pennant. Should those teams change their direction, big names like Josh Donaldson and Manny Machado could potentially become available in trade discussions. Even if that doesn’t happen, a more dominant Yankees lineup has a better chance to force their weaker rivals out of contention before the midseason trade deadline. That’s not to say that one player can definitively make such a profound impact, but as a seven-WAR player, Stanton could certainly tip the scales. Elsewhere in baseball, the Nationals, Mets and Braves will benefit from the full rebuild the completed deal signals for the Marlins camp.

Stanton, of course, led all qualifying MLB players this past year with 59 homers and a .631 slugging percentage en route to his first MVP selection. The towering 6’6″ right-handed hitter terrorized NL pitching to the tune of a .281/.376/.631 overall batting line while playing roughly average defense in right field. The Marlins took him in the second round of the 2007 draft, and have since been rewarded with 34.1 wins above replacement level. Stanton ranked seventh in the majors in 2017 with a 91.9 MPH average exit velocity, including the hardest-hit ball all year (122.2 MPH). His .410 wOBA and 156 wRC+ both ranked fifth in MLB.

The 21-year-old Guzman is best known as one of the pieces sent from Houston to New York in exchange for catcher Brian McCann just last winter. The 2015 international signee out of the Dominican Republic posted excellent numbers in thirteen starts for the Yankees’ Low-A affiliate, including a 2.30 ERA with 11.28 K/9 against just 2.43 BB/9. Chris Mitchell of Fangraphs describes Guzman as someone who throws “absolute gas.” The 6’2″ righty reportedly sits around 96-100 MPH with his fastball and can reach back for up to 102. He combines that pitch with an 89 MPH slider; that combination helped him strike out a league-leading 33% of batters faced. KATOH projects him as high as a 4.5 WAR player in the majors.

Devers, 18, was also signed out of the Dominican Republic. The Yankees added the left-handed hitting shortstop to their system just this season for a bonus of $250K; he’s only got 53 pro games under his belt. Devers is best known as the cousin of Red Sox third baseman Rafael Devers, who was a top prospect in Boston’s system and made his major league debut in 2017. Ben Badler of Baseball America describes the younger Devers as “a wiry shortstop with above-average speed, good hands and quick footwork.” He’s largely put to bed initial concerns about his arm action and arm strength, and has been described by opposing managers as someone who takes away a lot of hits with his glove. While he doesn’t provide much in the way of power, Devers shows good contact ability with the bat. Eric Longenhagen of Fangraphs notes that Devers also has a projectable frame, and confirms that his swing will need some tweaking if he wants to develop any real power.

Yankees Extend Brian Cashman

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MONDAY: The extension is complete, Jon Heyman of FanRag Sports tweets. The pact is worth “$25MM plus” across five years.

FRIDAY: The Yankees are closing in on a five-year contract extension with general manager Brian Cashman that would pay him a total of $25MM, reports USA Today’s Bob Nightengale. Not only would that represent a considerably lengthier pact than the three-year deal Cashman is on the verge of completing, it’d also represent a notable annual raise from his current $3MM annual rate.

The Cashman extension comes on the heels of an extremely successful season for a Yankees club that many believed to be in the midst of a transitional period. Rather, Cashman’s club was buoyed by breakouts from young names like Aaron Judge, Luis Severino and Jordan Montgomery, while more experienced players such as Aaron Hicks and Didi Gregorius took significant steps forward and delivered career years.

The Yankees, of course, are also widely regarded to have one of the game’s best farm systems even after trades to acquire Sonny Gray, David Robertson, Tommy Kahnle and Todd Frazier prior to this year’s non-waiver deadline. The prized farm system is the fruit of aggressive spending on the international market as well as recent commitments to shying away from free agents that come with draft-pick compensation — both of which were directives under the Cashman-led Yankees.

It’s a significant show of faith in Cashman at a pivotal point for the franchise. Cashman made a fairly stunning decision following the team’s loss in Game 7 of the American League Championship Series, not only electing not to re-sign his manager of the past 10 years, Joe Girardi, but also to replace Girardi with a former player that does not have a single day of managerial or even coaching experience, former ESPN analyst Aaron Boone. Cashman has spoken positively about Boone and expressed a firm belief that he’ll be able to connect with players and approach managing with an ability to implement “evolving strategies” in a “progressive” manner.

The Boone experiment will be one upon which Cashman is judged extensively, though it’s also worth pointing out that Cashman’s five-year contract is longer than Boone’s three-year guarantee as the team’s new skipper.

AL East Notes: Yankees, Orioles, Red Sox

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Later today, the Yankees will announce the hire of Phil Nevin as their third base coach, Bob Nightengale of USA Today Sports reports. Nightengale also mentioned an additional fun fact: Nevin and new Yankees manager Aaron Boone were high school teammates. Nevin was a lifetime .270/.343/.472 hitter across 4,703 plate appearances spanning twelve major league seasons. The former number one overall draft pick played with seven different major league teams during his career, but spent most of his time with the Tigers and Padres. Nevin was considered to be a strong candidate for the Tigers’ managerial opening before the club selected Ron Gardenhire to be their next skipper. Instead, he’ll become the latest member of rookie manager Boone’s coaching staff.

Other items from around the American League’s Eastern division…

  • Any path back to contention for the Orioles in 2018 must begin with a retooling of a rotation that posted baseball’s highest ERA, Eduardo A. Encina of the Baltimore Sun opines. At present, Kevin Gausman and Dylan Bundy are the only locks in the rotation, and although the Orioles have been in the mix for some pitchers so far, they haven’t signed anyone yet. While it has already been mentioned that the Orioles were in on Tyler Chatwood before he signed with the Cubs, Encina reports that Baltimore was also in on Miles Mikolas, who ultimately ended up choosing the Cardinals. He quotes Dan Duquette saying that retooling the rotation this offseason will be a “bigger challenge” than in previous years, in part due to “significant demand” for pitchers in the free agent class. The Orioles’ rotation posted a 5.70 ERA in 2017.
  • Despite the aforementioned need for rotation improvements, the Orioles did not make a presentation to Shohei Ohtani. Duquette’s reasoning (explained in a segment on MLB Network Radio) was that the Orioles “philosophically don’t participate on the posting part of it.” While the Orioles are known for not utilizing their international bonus pool money, one would think that Ohtani would have presented somewhat of an exception to Baltimore’s “philosophy,” particularly considering his upside and the fact that he’s now ranked as the number one prospect in all of baseball. Of course, Ohtani eliminated all east coast teams before he even scheduled any in-person meetings, so this is largely a moot point.
  • Jason Mastrodonato of the Boston Herald lists five ways the Red Sox can “get down to business” now that the offseason’s two biggest holdups (Giancarlo Stanton and Ohtani) have found their new destinations. While he details Boston’s obvious need for a power bat his more interesting suggestion is that the Sox ought to pony up for a utility man who can be a legitimate hitter. If the team can’t re-sign Eduardo Nunez, Mastrodonato postulates, they ought to turn to the trade market for such an asset.

NL East Notes: Marlins, Parè, Neshek, Phillies, Gio

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As you might expect, the Marlins aimed high in their trade talks with the Yankees about Giancarlo Stanton.  According to FanRag Sports’ Jon Heyman (Twitter link), Miami initially asked New York about such top prospects as Chance Adams, Justus Sheffield, and Estevan Florial.  Those demands weren’t met, however, and the Marlins had to settle for two lesser prospects (Jorge Guzman and Jose Devers) plus second baseman Starlin Castro in exchange for the big slugger.  It wasn’t as if the Marlins had much leverage, of course, as the Yankees were one of the few teams Stanton was willing to waive his no-trade clause to join and Miami’s top priority was getting as much of Stanton’s enormous contract as possible off their books.

Some more rumblings from around the NL East…

  • The Braves announced the hiring of Jason Parè as their assistant general manager, research and development.  (The previously-reported hiring of Josh Tamin as the club’s director of Major League operations was also announced.)  Parè spent the last two years as the Marlins’ senior director of analytics, and he previously worked with Braves GM Alex Anthopoulos in Toronto’s front office, where Parè worked as an analyst in 2014-15.
  • The Phillies have had internal talks about signing Pat Neshek, NBC Sports Philadelphia’s Jim Salisbury reports.  Neshek was acquired by the Phils last winter in a trade with the Astros and then pitched superbly before being flipped to the Rockies for three prospects at trade deadline.  Neshek enjoyed arguably the best of his 11 MLB seasons in 2017, posting a 1.59 ERA over 62 1/3 combined innings with Philadelphia and Colorado, recording 69 strikeouts against just six walks.
  • The Phillies are reportedly open to the possibility of starting the season with a surplus of infielders, though Matt Gelb of the Philadelphia Inquirer argues that the team is best served by trading at least one of their veteran players (i.e. Cesar Hernandez or Freddy Galvis) this winter and giving J.P. Crawford and Scott Kingery a clear path to regular playing time.  Juggling those four players and Maikel Franco during the year leads to fewer at-bats for everyone and, Gelb notes, less opportunity for Hernandez or Galvis to improve their value for a midseason trade.
  • Could the Nationals use Gio Gonzalez as a trade chip?  MASNsports.com’s Pete Kerzel discusses the possibility, as the Nats could obtain some controllable talent by dealing the veteran as he enters the final year of his contract.  Gonzalez is coming off one of the best of his six seasons in Washington (2.96 ERA, 2.38 K/BB rate, 8.42 K/9 over 201 innings), though advanced metrics were less impressed by his performance, so Kerzel believes the Nats could look for a trade while Gonzalez’s value is high.

AL East Notes: Blue Jays, Rebuilds, Longoria, Rays, Bard, Red Sox

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The Blue Jays are planning to contend in 2018, though with the team facing a tough road back to the postseason, Sportsnet.ca’s Ben Nicholson-Smith looks at the broader question faced by the Jays and other clubs about deciding when a rebuild is necessary.  Reaching the playoffs even once is a worthy goal, though mortgaging the future to do so won’t lead to a sustainable contender, which is what teams like the Cubs and Astros appear to be after writing off several seasons to totally remake their franchises.  An even greater challenge is trying to rebuild while remaining competitive, which is what the Blue Jays seem to be trying.  “I personally don’t feel that you should ever be in a rebuild mode, especially in this market and in this environment,” Jays GM Ross Atkins said.  “There might be soft resets based on circumstance….But personally, I don’t buy into the strategy that we’re not going to be a good team for five and six years.”

Here’s more from around the AL East…

  • Evan Longoria tells Marc Topkin of the Tampa Bay Times that the Rays have yet to speak to their longtime third baseman about their offseason plans.  The Rays will certainly be moving some expensive veterans this winter, and if they shift into full-on rebuild mode, that could very well include a trade of Longoria, their highest-paid player and franchise cornerstone.  “I think they have made it pretty clear that they want to cut salary, so I guess that leaves me somewhere in limbo,” Longoria said.  “I think I’ve been pretty up front about wanting to be in Tampa (Bay) for my whole career, but I realize that my window is getting smaller to win a championship.  If they decide to rebuild completely and give everyone up, then I suppose my family and I will adjust.”
  • In another piece from Topkin, he ranks the Rays players most likely to be traded this offseason, perhaps as soon as this week’s Winter Meetings.  Closer Alex Colome sits atop the list, followed by Jake Odorizzi and Longoria.  Chris Archer is a “2A” candidate after Odorizzi, as Archer would be Tampa’s most valuable trade chip if the club did embark on a rebuild.  Topkin writes that the Rays would demand “twice the return of Odorizzi” for Archer, and even more than the five-prospect package the team received from the Cubs in the 2011 Matt Garza trade.
  • The Yankees will hire Josh Bard as their new bench coach, The Athletic’s Ken Rosenthal reported (Twitter link).  The New York Post’s Ken Davidoff reported earlier today that Bard stood “a good chance of” being hired after an interview for the position last week.  A former ten-year big league veteran, Bard’s post-playing career includes jobs as a scout and special assistant in the Dodgers organization and, for the last two seasons, the team’s bullpen coach.  Bard and new Yankees manager Aaron Boone were briefly teammates with the 2005 Indians.
  • Now that Giancarlo Stanton is a Yankee, Michael Silverman of the Boston Herald proposes a bold counter-move for the Red Sox — sign both J.D. Martinez and Eric Hosmer in free agency.  This would come at a big financial cost for the Sox, of course, though Silverman argues that since the team will likely be over the luxury tax threshold anyway, the Red Sox will face a slightly lesser financial penalty now than they would in exceeding it next offseason with another year of overages on its record.  Silverman believes Boston should strike now rather than hope for landing one of next winter’s big free agents, plus Martinez and Hosmer would help replace the clubhouse leadership gap left by the retired David Ortiz.

Cubs Among Teams Pursuing Alex Cobb

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SUNDAY: Along with the Cubs, count the Rangers, Yankees, Blue Jays and Orioles among teams interested in Cobb, according to FanRag’s Jon Heyman (Twitter link).

SATURDAY: The Cubs added right-hander Tyler Chatwood on a three-year, $38MM guarantee this week, but another sizable investment for their rotation could be on the way. With the Winter Meetings nearing, they’re making a “strong push” to sign free agent righty Alex Cobb, Bruce Levine of CBS Chicago reports. Their hope is to reach a deal with Cobb prior to Monday, which would enable them to turn their focus elsewhere during the meetings and prevent other suitors from aggressively pursuing the 30-year-old.

Cobb going to the North Side of Chicago has frequently come up as a possibility since last season ended, in part because of his connection to multiple members of the Cubs’ coaching staff. He played under manager Joe Maddon in Tampa Bay from 2011-14 and was under the tutelage of pitching coach Jim Hickey with the Rays through last season. Hickey, whom the Cubs hired in October, has been Cobb’s sole pitching coach since he debuted in 2011. Cobb spoke glowingly of those two last month and said he’d be “very honored” to sign with the Cubs.

While Cobb would be a risky signing, having undergone two serious procedures (thoracic outlet syndrome surgery in 2011 and Tommy John surgery in 2015) during his career, he’s still poised to land one of the richest contracts on the open market this winter. Across 700 major league innings, including a career-high 179 1/3 last season, Cobb has pitched to a 3.50 ERA with 7.33 K/9, 2.62 BB/9 and a 54 percent groundball rate. Some of his numbers took a dip in 2017 (6.42 K/9, 47.8 percent grounder rate) – his first full year back from Tommy John surgery – though his velocity looked normal and he managed a quality 3.66 ERA/4.16 FIP, also recording a career-best walk rate (2.21 per nine).

Along with guaranteeing a notable sum to Cobb, who rejected the Rays’ $17.4MM qualifying offer, the Cubs would have to surrender their second-highest draft pick in 2018 (No. 63 overall) and $500K in international bonus pool space to sign him. But that prospect clearly isn’t scaring off the Cubs, who will collect compensation if their own qualified free agents (starter Jake Arrieta and closer Wade Davis) depart. The Cubs are still interested in retaining those two, per Levine, but picking up Cobb would give them five capable starters (Kyle Hendricks, Jon Lester, Jose Quintana and Chatwood are the others) and seemingly lessen the chances for an Arrieta re-up.

East Notes & Rumors: Marlins, Red Sox, Schwarber, Stanton

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An early morning look at the majors’ East divisions:

  • There’s no desperation on the Marlins’ part to trade second baseman Starlin Castro, whom they’ll acquire from the Yankees when the teams’ Giancarlo Stanton trade becomes official, Bob Nightengale of USA Today tweets. With a reasonable $22MM left on Castro’s contract over the next two years, the Marlins believe they’re in position to “wait for the right offer,” per Nightengale. Meanwhile, the Fish are entertaining offers for outfielder Marcell Ozuna, whom the Cardinals “badly desire,” Nightengale notes. Ozuna will make a projected $10.9MM in his penultimate arbitration-eligible season in 2018, and he’s coming off a career year, so moving him would help the Marlins further slash their payroll and improve their weak farm system in one fell swoop.
  • The power-needy Red Sox have interest in Cubs left fielder Kyle Schwarber, according to Scott Lauber of ESPN.com, though he casts doubt on the idea of Chicago moving the 24-year-old. The Cubs’ front office has long been bullish on Schwarber, who’s coming off a disappointing season (granted, he did hit 30 home runs) but still under control for five more years. In the seemingly unlikely event the Cubs deal Schwarber to Boston, he’d be a candidate to slot in at first base/designated hitter.
  • Keith Law of ESPN (subscription required and recommended) regards the Stanton trade as a “no-brainer” move for the Yankees, arguing that he won’t have to replicate the MVP form he showed off in 2017 to justify the 10-year, $265MM commitment for New York. Law also doesn’t close the door on the Yankees adding Bryce Harper in free agency next year, as he’s of the belief that the former center fielder could still be an option there in the short term. While the Yankees may have cleaned up in the swap, Law regards it as an opportunity lost for Miami because, in addition to Castro, it’ll only get a pair of “fringe prospects” in return for an elite player. Law goes on to assess the prospects, right-hander Jorge Guzman and infielder Jose Devers, in depth.

Reactions To And Effects Of The Giancarlo Stanton Trade

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The Yankees shook the baseball world early Saturday when they agreed to acquire 2017 National League MVP Giancarlo Stanton from the Marlins. As you’d expect, the deal has elicited no shortage of media reactions, many of which we’ve rounded up here:

  • While the Los Angeles-born Stanton would have preferred to go to the Dodgers, they didn’t make an offer that “intrigued” the Marlins, Joel Sherman of the New York Post tweets. Sending Stanton to the Dodgers would have required the Marlins to take on more bad contracts than they were “comfortable with,” according to Sherman, who reports that LA wanted Miami to accept one or both of Adrian Gonzalez or Scott Kazmir and absorb $30MM of Stanton’s contract. The Marlins found acquiring Starlin Castro from the Yankees much more appealing, as he’s someone they could slot in at second base or flip elsewhere.
  • The Dodgers’ wariness toward a more aggressive Stanton pursuit stemmed from the back-loaded nature of his 10-year, $295MM commitment, per Buster Olney of ESPN (subscription required and recommended). If he doesn’t opt out of his contract after 2020, Stanton will rake in $96MM over the final three years of his pact, when he’ll be in his late 30s. The Yankees will be able to slot him in at designated hitter then if his work in the field sharply declines with age, whereas the Dodgers would have had to continue running him out as a defender.
  • Adding Stanton gives the Yankees as many as six major league-caliber outfielders, thereby making Jacoby Ellsbury and Clint Frazier potential trade candidates. The Yankees will work to rid themselves of Ellsbury, even if it means eating “a lot” of the $68.3MM left on his contract, George A. King III of the New York Post reports. Ellsbury was reportedly uninterested in leaving the Yankees as of earlier this week, but that was before the acquisition of Stanton relegated him to the role of a fifth outfielder. While Ellsbury, who has a full no-trade clause, would be a salary dump, the 23-year-old Frazier would likely bring back a quality return – perhaps a starter, King suggests. Additionally, the Yankees “would certainly listen on offers” for third baseman Chase Headley, per King. Headley is entering the last year of his contract, in which he’ll make $13MM.
  • With new Marlins owners Derek Jeter and Bruce Sherman on a mission to continue paring down payroll to the $90MM range, Castro looks like their most obvious trade chip, Barry Jackson of the Miami Herald writes. By parting with Castro – who has two years and $22MM left on his pact – and not taking back another guaranteed contract, Miami would still be about $15MM above its spending goal, Jackson notes. Further payroll slashing could come from deals involving some combination of Marcell Ozuna, Christian Yelich, Martin Prado, Brad Ziegler and Junichi Tazawa. Moving Castro, Ozuna, Ziegler and Tazawa would likely obviate any need to trade Yelich, Jackson suggests.
  • Prior to the Yankees’ Stanton acquisition, they looked poised to go after Nationals right fielder Bryce Harper in free agency a year from now. That may be out the window now, leading Chelsea Janes of the Washington Post to posit that the trade probably helps the Nationals to some degree because it appears to erase a would-be Harper suitor. However, several other teams will make big offers to Harper, Janes points out, so retaining him on what should be a record contract still figures to be a tall order for the Nats.
  • Harper is among the losers in this trade, Ken Rosenthal of The Athletic opines (subscription required and recommended). Unsurprisingly, Harper’s agent, the always colorful Scott Boras, disagrees. “A Bronx opera . . . The Three Tenors . . . Hal’s genius, vision,” Boras told Rosenthal via email, referencing Harper, Stanton, Aaron Judge and Yankees owner Hal Steinbrenner. Boras added that the Harper-Stanton-Judge trio would be “a galaxy of international popularity” on the same team. While Boras clearly isn’t ruling out a Yankees-Harper union, Rosenthal sees Manny Machado as a more likely target for the club in free agency next year.
  • The fact that Stanton is set to join a Yankees team that was just one win from securing a World Series trip last season is a major blow to parity in the AL, Dave Cameron of FanGraphs argues. Cameron classifies the Astros, Yankees, Red Sox and Indians as potential “super teams” heading into next season, and the Angels could be on their way to the playoffs after winning the Shohei Ohtani sweepstakes. As impressive as those clubs look, there’s now less incentive for others to play for the last wild-card spot, Cameron contends, which could lead certain fringe teams to rebuild.

Yankees, Marlins Reach Deal For Stanton

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10:56am: Jon Heyman of FanRag reports via Twitter that the Yankees will receive about $35MM from the Marlins in the deal, and confirms that they’ll send back Castro and prospects. Heyman also adds in a separate tweet that Stanton is on his way to NYC for a physical, making it clear that he is waiving his no-trade clause.

10:35am: A source close to Morosi confirms Rosenthal’s report that Stanton is expected to approve the trade.

9:56am: A last-ditch effort to acquire Stanton today by the Dodgers is unlikely, Jon Morosi of FOX Sports hears (Twitter link).

9:33am: The main prospects that would be headed back in the deal are down in the lower levels of the Yankees’ minor league system, Sherman adds.

9:20am: Sherman hears that Castro is the only veteran going back to the Marlins in the deal (Twitter link). The other players going to Miami are Yankees prospects, though not their “best.”

8:49am: The expectation is that Stanton will approve the trade, according to Ken Rosenthal of The Athletic. Rosenthal also mentions that the deal is pending physicals, which seem to be the only real item standing in the way of the trade being considered complete.

7:14am: The Yankees and Marlins have a deal for Giancarlo Stanton, according to Jon Heyman of FanRag Sports.  The deal is still subject to Stanton’s approval, as the slugger has full no-trade rights.  Several hours prior, Joel Sherman of the New York Post called the deal “virtually done,” noting the Marlins will receive second baseman Starlin Castro “plus good but not top prospects” if completed.  Before that, Henry Schulman of the San Francisco Chronicle had reported the deal as “close if not done.”

Yesterday, Stanton rejected trades to the Cardinals and Giants.  Previous reporting has indicated that the Yankees are on the short list of teams to which Stanton would be willing to be traded, so his approval in this case may not be a major hurdle.  Stanton will also need to pass a physical by the Yankees, as Sherman has noted.

The pairing of Giancarlo Stanton with Aaron Judge will be one for the ages.  Stanton just took home the NL MVP award with an epic 59 home run season, a level that had not been reached since Barry Bonds in 2001.  Meanwhile, Judge won the American League Rookie of the Year award and finished second in the AL MVP voting with 52 bombs, a rookie record.  Throw in catcher Gary Sanchez, and Yankees GM Brian Cashman has assembled a Murderers’ Row of right-handed sluggers.

Earlier this year, the Marlins were purchased by a group led by former Yankees great Derek Jeter, as well as investor Bruce Sherman.  The pair chose to keep alive the Marlins’ fire sale tradition, intent on moving Stanton because of the massive contract he signed under previous owner Jeffrey Loria three years ago.  The Marlins’ leverage was clearly reduced after Stanton rejected trades to the Cardinals and Giants.  Stanton, 28, is still owed $295MM over the next ten years.  After the 2020 season, he has the right to opt out of the remaining seven years and $218MM, which will be a source of significant downside risk for the Yankees.  Yankees GM Brian Cashman has expressed his commitment to getting the team’s payroll under the $197MM luxury tax threshold, which isn’t easy to do while adding Stanton’s contract.  Sending Castro to the Marlins removes a two-year, $22MM commitment. However, as Sherman points out, the average annual value of Castro’s contract is what counts towards the tax; that figure is $8.6MM.

It’s certainly too early to say this for certain, but the impact of this trade could even reach next year’s free agent market, as Mark Zuckerman notes on Twitter. The Yankees have long been considered one of the best potential suitors for former NL MVP Bryce Harper, but may not have room for him in their outfield (or potentially their 2019 payroll) any longer. It would be hard to imagine them using one of Judge, Stanton or Harper exclusively as a designated hitter, and none of them are likely candidates to play anywhere on the field besides the outfield corners.

The deal will also come with significant risk for the Yankees. As Eno Sarris of Fangraphs pointed out back in November, it’s hard to know how the reigning NL MVP will age. Stanton also missed large portions of the 2015 and 2016 seasons with a broken hand and a groin strain, respectively. Add that injury history into the mix, and there’s a number of scenarios that end with Stanton’s contract becoming a significant albatross for the Yankees during the final years of the deal. This doesn’t necessarily detract from the fact that New York is in a much better position over the next few years due to the slugging outfielder’s presence, but it’s certainly a notable concern.

Acquiring Stanton should help soften the blow for the Yankees of seeing Shohei Ohtani agree to terms with the Angels. Last week, the Bombers were considered strong suitors for the services of the two-way Japanese phenom, and didn’t seem like serious contenders to land Stanton in a trade. While the Yanks will still want to make a big improvement to their pitching staff, Stanton adds similar value to their roster overall, and perhaps allows them to be more aggressive in shopping outfielder Clint Frazier for cost-controlled starting pitchers (hat tip to Joel Sherman).

The Miami Marlins originally took Stanton with the 76th overall pick in the 2007 draft (second round). After a hot start with the Marlins’ Double-A affiliate three years later, the team decided to promote him straight to the majors, skipping Triple-A entirely. Stanton stuck in the majors and has been a power monster ever since; he’s already socked 267 home runs over the course of his career to go with a .268/.360/.554 career slash line. While he’s dealt with a plethora of injuries that have caused him to miss time in four of his seven full seasons, the Sherman Oaks, California high school product has averaged roughly 4.5 WAR during that time. 2017 was Stanton’s best season yet; not only did he mash a career-high 59 homers, but he cut his strikeout rate down to a career-low 23.6%. Ultimately, he was rewarded with the National League’s MVP honors for his tremendous year.

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