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Newsstand

Orioles Owner Peter Angelos Passes Away

By Mark Polishuk | March 23, 2024 at 10:58pm CDT

Peter Angelos passed away today at age 94, as per an official statement from the Orioles and the Angelos family.  Angelos had been battling illness for the last few years and had left the public eye, and his son John took over as the Orioles’ chairman and control person in regards to official league business in 2020.

A Baltimore native, Angelos built his fortune through a renowned legal career, most notably a landmark consolidated action case in 1992 representing thousands of workers in various fields who had been exposed to asbestos over the course of their jobs.  Angelos led a group of investors that purchased the Orioles in 1993 for $173MM, and quickly established himself as something of a maverick within baseball’s ownership circles during the 1994-95 players’ strike.  Though the strike was settled before replacement players took the field for the 1995 season, Angelos’ refusal to use such players (who he viewed as scabs) drew some animosity from his fellow owners and respect from the MLBPA.

On the field, the Orioles went through plenty of ups and downs during Angelos’ tenure as owner.  There was little doubt about Angelos’ desire to win, as he immediately increased the team’s payroll and brought several big-name free agents into the fold, helping Baltimore reach the ALCS in both 1996 and 1997.  After that last ALCS appearance, however, the Orioles didn’t have another winning season until 2012, as Angelos was often accused of taking a heavy hand in baseball operations.  This manifested itself in a revolving door of managers and general managers, until things began to stabilize under Buck Showalter and executive VP of baseball operations Dan Duquette.  The Orioles had five seasons of .500 or better ball from 2012-16, including three postseason appearances and another trip to the ALCS in 2014.

The Orioles’ payrolls tended to fluctuate based on the team’s competitive level, and Baltimore ranked within the top ten of league spending as recently as the 2017 season.  Angelos had particular concerns about certain types of baseball-related investments, perhaps most notably a wariness about any kind of long-term guarantee to pitchers (especially pitchers with any sort of injury history).  Angelos was also famously critical of baseball’s international signing system, which resulted in the Orioles essentially sitting out for the international amateur market for several years.

John Angelos’ stewardship of the team brought about some changes to the Orioles’ business, as GM Mike Elias was given broad leeway to modernize and revamp the baseball operations department as part of a near-total rebuild.  The O’s posted losing records from 2017-21 (the latter three under Elias) before winning 83 games in 2022, and then bursting out to win 101 games and the AL East crown last season.  With an incredible core of young talent in place, the Orioles now look like World Series contenders both this season and perhaps for many years to come.

This new era of Orioles baseball will take place somewhat outside of the Angelos family, as it was announced in February that the team had been sold for $1.725 billion to a new ownership group led by David Rubenstein.  (John Angelos is still an investor in the Orioles.). The news of the sale followed years of speculation and drama about the future of the franchise, as legal and personal issues within the Angelos family and the Orioles’ expiring lease at Camden Yards in 2023 led to some concerns that the O’s could be sold or moved to another city.  As it turned out, the Orioles arranged a new lease to remain at Camden Yards for at least the next 15 years, and Rubenstein’s full purchase of the organization is expected to be approved by the league within a few weeks’ time.  Rubenstein was initially slated to take over 40 percent of the team, but now will take full ownership of the club as a result of the elder Angelos’ passing.

We at MLB Trade Rumors send our condolences to Angelos’ family, friends, and loved ones.

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Baltimore Orioles Newsstand Obituaries Peter Angelos

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Mets Sign J.D. Martinez

By Anthony Franco | March 23, 2024 at 8:33am CDT

TODAY: The Mets officially announced Martinez’s signing.

MARCH 22: Martinez has given his consent to open the 2024 season in the minors, reports Joel Sherman of the New York Post. He’ll spend about 10 days either in extended spring training or in Triple-A to ramp up and get at-bats before joining the big league club early in the season.

MARCH 21: The Mets are in agreement with J.D. Martinez on a one-year, $12MM contract, reports Jon Heyman of the New York Post (X link). The deal, which is pending a physical, has a net present value that will come in below $12MM on account of deferrals.

Andy Martino of SNY reports (on X) that the Mets will only pay $4.5MM of the salary this year. The remaining $7.5MM will be paid in $1.5MM annual installments between 2034-38. Martinez is a client of the Boras Corporation.

Martinez, 36, was the best unsigned offensive player. After signing a $10MM free agent deal with the Dodgers last offseason, he earned his sixth All-Star nod amidst a 33-homer campaign. That was his highest home run total since 2019, while his .271/.321/.572 batting line was also his best overall offensive production in four years. Martinez hadn’t been a bad hitter over the intervening three seasons, but last year’s work was a step up from the cumulative .269/.336/.469 slash he had posted in his final three seasons with the Red Sox.

Strong as that production was, it didn’t come without red flags. Martinez’s pure contact skills regressed as his profile became more dependent on power. He struck out in more than 31% of his plate appearances, the highest rate of his career. Martinez made contact on a below-average 67.5% of his swings, the first time that he whiffed on more than 30% of his cuts.

That’s not a problem so long as he continues to destroy the ball when he does make contact. Martinez certainly did that last season. More than 54% of his batted balls came off the bat at 95+ MPH. That’s his best hard contact percentage since Statcast began tracking in 2015. The huge exit velocities manifested in Martinez’s slugging production.

While the bat speed remains intact, the increase in whiffs seemed to lead to some trepidation around the league. His profile is entirely built on offense. Martinez was never a great defender, but he’s almost exclusively a designated hitter at this point. He has started one game on defense over the last two seasons, logging 12 innings in the corner outfield overall.

The lack of a position was perhaps the main reason Martinez spent much time in free agency at all. On the surface, he’d have been a reasonable candidate for a $20.325MM qualifying offer from the Dodgers. Los Angeles decided not to risk that early in an offseason in which they would (successfully) pursue Shohei Ohtani, though. Martinez doesn’t come attached to draft compensation as a result.

That kicked off four and a half months on the open market for the three-time Silver Slugger winner. The Giants reportedly made an offer in the $14-15MM range at one point this offseason, but his camp turned that down. It’s not known if San Francisco’s proposal would have included any deferrals, but the ultimate deal which Martinez accepted comes in south of that previous offer before considering the delayed payments.

For the past few weeks, his free agency has seemed to be a staring contest between his camp and the Mets. Teams like the Angels and Marlins reportedly showed late interest, but no club was more consistently tied to him than New York. Ultimately, Martinez’s ask dipped to a place where the Mets felt compelled to jump and plug him into the middle of the batting order. He’ll join Pete Alonso as a scary duo of righty power bats for opposing pitchers.

The Mets didn’t get much out of the designated hitter position a year ago. Their DH group hit .217/.309/.391 with 27 homers. They finished in the bottom third of the league in all three slash stats. Martinez should be a clear step up even if he continues to strike out at an elevated clip. New York has maintained they still expect to hang in the Wild Card mix this year despite viewing the 2025 season as the start of their next true contention window.

Part of that balancing act was figuring out how much trust to put in their young hitters, namely Brett Baty and Mark Vientos. They entered camp with Baty penciled in as the primary third baseman and Vientos set for the majority of at-bats at DH. Adding Martinez closes off the latter path to playing time. Baty and Vientos could now compete for work at third base. Baty hits left-handed, while Vientos bats from the right side. That could allow first-year skipper Carlos Mendoza to play match-ups if they’re each on the roster, although both players have an option remaining and could be sent to Triple-A without landing on waivers.

The Mets are subject to the highest luxury tax fees possible under the CBA. They’re past the $297MM mark that’s the highest penalization threshold; they’ve paid the CBT in three consecutive years. As a result, they’re charged a 110% fee on future expenditures. The deferred money reduces the net present value of Martinez’s contract, so it’s not yet clear precisely how much the Mets will owe in CBT commitments.

A one-year, $12MM deal without any deferred money would’ve come with $13.2MM in luxury taxes. RosterResource’s Jon Becker estimates that the NPV of Martinez’s deal will land just under $9MM. That’d come with a little less than $10MM in luxury obligations.

Image courtesy of USA Today Sports.

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New York Mets Newsstand Transactions J.D. Martinez

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Orioles Reassign Jackson Holliday, Option Heston Kjerstad And Kyle Stowers

By Darragh McDonald | March 22, 2024 at 11:59pm CDT

The Orioles announced that they have optioned outfielders Heston Kjerstad and Kyle Stowers while catcher David Bañuelos, infielders Jackson Holliday and Coby Mayo, infielder/outfielder Connor Norby and right-hander Albert Suárez have been reassigned to minor league camp.

Holliday not making the club registers as a surprise, despite his youth. He just turned 20 in December but has seemed to be on a beeline for the majors. Last year, he went through Single-A, High-A, Double-A and Triple-A, succeeding at every stop. He came into this year as the consensus top prospect in the league and was invited to big league camp. He could hardly have done much more to earn a spot, as he slashed .311/.354/.600 here in the spring, but it seems that wasn’t enough for the Orioles to add him to their major league roster.

Instead, he’ll go to Triple-A and await his debut. The move could have repercussions for his path to free agency and arbitration, depending on how long it takes him to get the call. A major league season lasts 187 days but it takes 172 for a player to earn a full year of service time. That means Holliday could still get to the one-year mark if he’s called up in the first couple of weeks of the season, though the O’s may be motivated to not let that happen. If he can’t get to one year in 2024, then he won’t be on track to get to six years and free agency by the end of 2029.

The latest collective bargaining agreement contains measures to incentivize teams to add top prospects to their roster and discourage service time manipulation. A player can still earn a full year of service time, even if not called up early enough, if he finishes in the top two in Rookie of the Year voting. Additionally, teams that carry a prospect on the roster long enough to get a traditional full year of service time can net themselves an extra draft pick if the player wins Rookie of the Year or finishes top three in the voting for Most Valuable Player or Cy Young during their pre-arbitration seasons. To qualify for these measures, a player has to be on at least two of the top 100 prospect lists at MLB.com, ESPN or Baseball America.

As mentioned, Holliday is the consensus number one prospect in the league and all of that is therefore in play. The Orioles already saw this play out in 2022 when Adley Rutschman was injured for the start of the year and was slated to come up shy of one year of service, but finished second in ROY voting and earned that full year anyway.

It seems neither the incentives nor the disincentives swayed the Orioles much and they will keep Holliday in the minors for now. That seemingly leaves Gunnar Henderson as the everyday shortstop while Jordan Westburg and Ramón Urías handle second and third base. That could perhaps leave a bench spot open for Kolten Wong, who triggered his opt-out today, giving the O’s 48 hours to decide about him.

It’s also somewhat surprising that Kjerstad and Stowers got sent down, but perhaps less so. The O’s have a full outfield consisting of Cedric Mullins, Austin Hays and Anthony Santander, with Ryan Mountcastle and Ryan O’Hearn sharing first base and the designated hitter spot. Colton Cowser is also around and should be in the mix.

Stowers has hit just .207/.267/.331 in the majors but has much better numbers in the minors and is having a great spring. He has seven homers in Grapefruit League play and a line of .256/.267/.744, but he’ll have to serve as depth for the time being. Kjerstad didn’t show as much this spring, hitting just .265/.294/.286, but he made a nice debut in the bigs late last year. Regardless, he will also have to wait for his next major league opportunity.

The Orioles figure to have one of the most talented Triple-A teams this year, at least to begin the season. As injuries crop up throughout the year, as they do for all clubs, they are the one best positioned to find suitable replacements waiting in the wings.

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Baltimore Orioles Newsstand Transactions Albert Suarez Coby Mayo Connor Norby David Banuelos Heston Kjerstad Jackson Holliday Kyle Stowers

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Rangers To Select Wyatt Langford

By Darragh McDonald | March 22, 2024 at 11:58pm CDT

Rangers manager Bruce Bochy informed the club’s beat that outfielder Wyatt Langford has made the team, with Evan Grant of the Dallas Morning News among those to pass it along. He will need to have his contract selected but the club has several players who could be added to the 60-day injured list in order to open a roster spot.

The ascent of Langford, 22, is truly remarkable. He was just drafted last summer, going fourth overall to the Rangers after hitting .363/.471/.746 in college ball. After his draft, the Rangers put him to work right away and he tore through minor league pitching. He played three Complex League games, 24 in High-A, 12 in Double-A and five in Triple-A. He took a combined 200 plate appearances over those levels and walked more than he struck out, 36 free passes to 34 punchouts. He hit 10 home runs and slashed .360/.480/677 for a wRC+ of 199, stealing 12 bases along the way.

He was invited to major league camp, despite having just a few months of professional experience. He just kept on mashing, with six home runs in 56 plate appearances and a batting line of .388/.446/.796. After that non-stop onslaught of offense, he’ll get to break camp with the defending World Series champions.

If there’s a question about Langford, it’s his defense, which will make it interesting to see how the Rangers utilize him. The club has Leody Taveras as their everyday center fielder with Adolis García and Evan Carter the top options for the corners. That could leave Langford primed to see plenty of time as the designated hitter, which wouldn’t be ideal for his development, but perhaps he can rotate through the corners as well with Carter and García taking turning DHing.

The latest collective bargaining agreement contains incentives for clubs to carry top prospects on their Opening Day rosters, which are in play if a player is on two of the top 100 lists at MLB.com, ESPN or Baseball America. A qualified player can earn his club an extra draft pick by winning Rookie of the Year or by finishing in the top three in voting for MVP or Cy Young.

Langford is in the top six for each of those aforementioned prospect lists, making him easily qualified. If he meets any of those awards criteria, he’ll net the Rangers an extra draft pick just after the first round in the future.

This promotion will also put him on track for free agency one year earlier than if he had debuted midway through the season. If he isn’t optioned to the minors for a significant stretch of time at some point, he’ll get to six years of major league service time after the 2029 season, going into his age-28 campaign.

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Newsstand Texas Rangers Transactions Wyatt Langford

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Eduardo Rodríguez Shut Down With Lat Strain

By Darragh McDonald | March 22, 2024 at 3:15pm CDT

Diamondbacks manager Torey Lovullo told the club’s beat that left-hander Eduardo Rodríguez has been shut down from throwing due to a left lat strain, with Nick Piecoro of the Arizona Republic among those to relay the news. The lefty will open the season on the injured list but his timeline is unclear apart from that.

Lovullo says Rodríguez will be shut down until he’s asymptomatic, but he doesn’t seem to have an idea of how long that will take, with video courtesy of Alex Weiner of AZ Sports. “I know you guys want to know lengths of time, all the common questions that I want to know,” he said. “But we don’t know that. It’s going to depend on how he progresses and how he’s feeling day by day. We’re going to assess it daily and then build it out from there. The return will be determined by the length of time that he’s down. And I can tell you that he’s been feeling better day by day.”

Rodríguez departed his start on Tuesday after just one inning with some lat discomfort and it now seems a strain has been found. If he remains out of action for a notable amount of time, he may then need to effectively start his Spring Training ramp-up period from scratch.

It’s obviously unwelcome news for the Diamondbacks, as Rodríguez was their big offseason splash to upgrade the rotation. The Snakes managed to get all the way to the World Series last year despite a starting mix so weak that they were doing bullpen games in the playoffs.

They signed Rodríguez to a four-year, $80MM deal this winter with the hope of him stabilizing the rotation behind Zac Gallen and Merrill Kelly. That may come to pass eventually, but he’ll begin the season on the IL and will have a questionable timeline until more information comes to light.

In the meantime, the Diamondbacks will have to fill out the rotation with fairly unproven hurlers. Brandon Pfaadt, Ryne Nelson and Tommy Henry are the most likely pitchers to fill in behind Gallen and Kelly. Between those three, Nelson has the most regular season experience, with just 162 1/3 innings. Henry’s 4.57 ERA is the lowest of three. Pfaadt finished last year with a strong showing in the postseason but he’s allowed seven earned runs in 5 2/3 innings this spring.

Despite being the reigning National League champions, the Snakes are likely facing a tough battle this year. The Dodgers are loaded with superstars while the Giants recently had Blake Snell and Matt Chapman fall into their laps. The Padres have battled a budget crunch this winter but still have lots of talent on the roster. For the Diamondbacks, their rotation is now back to the wobbly state it was in at the start of the offseason, so they will naturally be hoping for a quick return from Rodríguez.

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Arizona Diamondbacks Newsstand Transactions Eduardo Rodriguez

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Rangers Sign Michael Lorenzen

By Anthony Franco | March 22, 2024 at 12:22pm CDT

March 22: The Rangers have now announced the signing. Right-hander Jacob deGrom was transferred to the 60-day injured list to open a spot on the 40-man roster.

March 20: The Rangers are in agreement with free agent starter Michael Lorenzen on a one-year, $4.5MM contract, reports Ken Rosenthal of the Athletic (X link). The deal, which is pending a physical, contains another $2.5MM in performance bonuses. Lorenzen is a client of CAA Sports.

Aside from Jordan Montgomery, Lorenzen was arguably the best starter still available. The right-hander had reportedly waited out the market in search of a multi-year pact. That evidently didn’t materialize, as he instead inks a one-year deal for the third straight offseason. After securing respective $6.75MM and $8.5MM contracts in the last two winters, he winds up taking a reduced rate for the 2024 season.

That’s certainly not what he’d been hoping for on the heels of the first All-Star nod of his career. Lorenzen appeared on his way to a two- or potentially three-year pact midway through the year. He turned in strong numbers over 18 starts with the Tigers, working to a 3.58 ERA across 105 2/3 innings. A sub-20% strikeout rate raised a question as to whether he could sustain that kind of run prevention, but he nevertheless was one of the better rental starters available at the deadline.

Detroit flipped Lorenzen to the Phillies for second base prospect Hao-Yu Lee. His initial two starts with the Phils couldn’t have gone better. He tossed eight innings of two-run ball in Miami during his team debut. In his first home appearance at Citizens Bank Park, he no-hit the Nationals. That he tossed 124 pitches in that game wasn’t ideal, but skipper Rob Thomson gave him the leeway to complete that historic outing.

Things quickly went downhill after that appearance. Nine days later, Lorenzen faced the same Washington lineup at Nationals Park. He was tagged for seven runs in 3 1/3 innings. That kicked off a stretch of six consecutive appearances in which he allowed at least four runs. That included a relief outing on September 19 in which Lorenzen retired one of seven batters faced against the Braves.

To his credit, Lorenzen finished the regular season with a trio of scoreless relief outings. He’d already fallen down the leverage hierarchy by that point though. The Phils used him just twice in their run to the NLCS. He worked 2 2/3 scoreless frames in mop-up situations during the postseason.

That Lorenzen moved to the bullpen wasn’t a surprise in itself. The Phils acknowledged at the time of his acquisition that they could eventually squeeze him out and go with a five-man staff of Zack Wheeler, Aaron Nola, Ranger Suárez, Taijuan Walker and Cristopher Sánchez. Yet there’s no denying the last six weeks didn’t go anywhere close to plan. He allowed 30 runs (27 earned) with an 18:15 strikeout-to-walk ratio over his last 30 1/3 innings.

Whether that finish was more a reflection of Lorenzen wearing down after the no-hitter or about his middling peripherals catching up to him, it was a sour conclusion to what was a solid season. His first 20 starts were strong enough that his overall line was right around league average. Lorenzen finished the year with a 4.18 ERA through a personal-high 153 innings. He’d posted a similar 4.24 mark over 97 2/3 frames with the Angels in 2022, his first season as a starter since his 2015 rookie campaign.

While last year’s 17.8% strikeout percentage and 9.4% swinging strike rate were each below average, he trimmed his walks to a modest 7.5% clip. He mixed five pitches, headlined by a four-seam fastball that sat a little above 94 MPH on average. Lorenzen’s aggregate production looked like that of a strike-throwing #4/5 starter. While that’s perhaps not the most exciting profile, it explains why his camp thought a multi-year deal should’ve been on the table. Within the past two offseasons, players like Drew Smyly ($19MM), Jordan Lyles ($17MM), and KBO returnee Erick Fedde ($15MM) secured two-year pacts.

It’s impossible to know whether that would’ve been attainable earlier in the offseason, but the market hasn’t been favorable for the players who remain unsigned deep into Spring Training. Lorenzen’s one-year deal trails those inked by Alex Wood ($8.5MM), Martín Pérez ($8MM), Jakob Junis ($7MM) and James Paxton ($7MM) earlier in the winter.

On the plus side, the 32-year-old gets an opportunity with a contender. He joins the defending World Series winners to help a rotation that’ll be without each of Max Scherzer, Tyler Mahle and Jacob deGrom for a couple months. Texas still has a solid front four of Nathan Eovaldi, Jon Gray, Dane Dunning and Andrew Heaney. Left-hander Cody Bradford struggled in a swing role last season but has pitched well this spring. GM Chris Young said last weekend that Bradford earned the fifth starter role, but it’s possible he’ll be nudged back into relief at some point.

Lorenzen might not be ready to step right into the Texas rotation. His extended free agent stay kept him from pitching competitively this spring. He has been throwing on his own, reportedly tossing 70 pitches earlier in the week, yet that’s not a perfect substitute for game action. Bradford may still take a turn or two through the rotation before moving to a swing role as the top depth option in case anyone ahead of him suffers an injury.

The signing pushes the team’s player payroll to the $224MM range, as calculated by RosterResource. They’re around $248MM in luxury tax commitments. Texas is set to pay the competitive balance tax for a second consecutive season. That means they’re taxed at a 30% rate on spending between $237MM and $257MM. Adding Lorenzen comes with another $1.35MM in CBT commitments, pushing the overall guarantee to roughly $5.85MM.

Image courtesy of USA Today Sports.

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Newsstand Texas Rangers Transactions Michael Lorenzen

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Ohtani’s Interpreter Fired; Accused Of Theft And Illegal Gambling

By Anthony Franco | March 20, 2024 at 10:08pm CDT

On Wednesday evening, the Dodgers announced they’d fired Ippei Mizuhara, who was working as Shohei Ohtani’s personal interpreter. Mizuhara has been Ohtani’s friend and interpreter dating back to before his signing with the Angels in 2017.

Gustavo Arellano, Adam Elmahrek, Nathan Fenno and Paul Pringle of the Los Angeles Times first reported the news, which comes amidst a probe into an alleged illegal gambling operation in Southern California. Attorneys for Ohtani told the L.A. Times that the two-way star “had been the victim of a massive theft.” While that statement did not specify who had committed that alleged theft, the evident implication is that Mizuhara did so.

ESPN’s Tisha Thompson reported that upwards of $4.5MM had been wired from a bank account in Ohtani’s name to the alleged gambling ring. Sports gambling remains illegal in California. A spokesperson for Ohtani initially told ESPN that the two-time MVP had wired the money to pay off gambling debts which Mizuhara had accrued. The spokesperson later retracted that and pointed to the attorneys’ statement concerning theft.

Mizuhara and other sources told ESPN that Ohtani does not gamble and that the wire transfers covered losses which the interpreter had racked up. An attorney for Matthew Bowyer, the alleged bookmaker, said in a statement to ESPN that “Mr. Bowyer never met or spoke with Shohei Ohtani.” ESPN reports that Mizuhara had placed bets with Bowyer on various sports, not including baseball, going back to 2021.

On Tuesday, Mizuhara told ESPN that he’d asked Ohtani to pay off his gambling debts. “Obviously, he wasn’t happy about it and said he would help me out to make sure I never do this again,” Mizuhara had said. “He decided to pay it off for me. I want everyone to know Shohei had zero involvement in betting. I want people to know I did not know this was illegal. I learned my lesson the hard way. I will never do sports betting ever again.” Mizuhara had stated that he and Ohtani sent multiple wire transfers to the bookmaker in installments; ESPN observed two transfers at $500K apiece in Ohtani’s name.

Mizuhara disavowed those comments this afternoon, telling ESPN that Ohtani was unaware of the gambling debts and had not transferred any money. “Obviously, this is all my fault, everything I’ve done. I’m ready to face all the consequences,” he said on Wednesday. He reiterated that he did not place any bets on baseball.

Needless to say, MLB players and team employees are prohibited from placing bets on baseball. They are allowed to place bets on other sports, although that obviously only applies in jurisdictions where sports gambling is legal.

“The Dodgers are aware of media reports and are gathering information,” the club said in a statement. “The team can confirm that interpreter Ippei Mizuhara has been terminated. The team has no further comment at this time.” An MLB official told Andy McCullough, Fabian Ardaya, Britt Ghiroli and Sam Blum of the Athletic that Ohtani is not currently facing discipline. A league source tells ESPN that their next step is to “gather facts,” although it’s unclear if they’ll launch an official investigation.

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Los Angeles Dodgers Newsstand Shohei Ohtani

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Yankees, Jordan Montgomery Have Reopened Discussions

By Anthony Franco | March 20, 2024 at 8:42pm CDT

The Yankees are “back in contact” with Jordan Montgomery’s camp at the Boras Corporation, reports Jon Heyman of the New York Post. Heyman adds that there’s still a gap between the southpaw’s asking price and the team’s comfort level.

Montgomery is the highest-profile player available in free agency. He’s not the last notable Boras Corp. client who remains unsigned — J.D. Martinez has also lingered on the market — but he is the final member of the top group that included Cody Bellinger, Matt Chapman and Blake Snell. All of those players eventually moved to short-term guarantees (three years for the position players, two for Snell) that allow them to opt out next offseason.

The 31-year-old Montgomery has reportedly been less amenable to that kind of arrangement. Heyman wrote that Montgomery was looking for a seven-year pact as recently as March 8. Early in the winter, his camp had tried to beat the $172MM guarantee which Aaron Nola landed to return to Philadelphia. Neither mark seems especially plausible just a week before Opening Day.

Part of Montgomery’s aversion to a short-term pact could be the qualifying offer. Since he was traded from the Cardinals to the Rangers midway through the 2023 season, he was ineligible to receive the QO. He hit this year’s market unencumbered by draft compensation. Each of Snell, Bellinger and Chapman declined a QO. They’re all ineligible to receive the offer again, as the collective bargaining agreement prevents a player from being tagged more than once in his career.

Montgomery could still receive the QO in a future winter, which could make the possibility of retesting free agency in a year comparatively less appealing. As MLBTR’s Darragh McDonald explored this afternoon, one option would be to wait until after the start of the regular season to sign. Only players who are on the same team for the entire preceding season can receive a qualifying offer.

It’s not clear how much that’s a calculus in Montgomery’s decision. Perhaps he was simply the most patient of the group in hoping that a long-term pact would present itself. That was clearly what he envisioned when he hit the open market after helping Texas to the first World Series in franchise history. Montgomery is coming off a personal-low 3.20 ERA in the regular season. He has reached 30 starts while allowing fewer than four earned runs per nine in each of the last three years.

For many players, the market simply hasn’t materialized the way they’d anticipated. The Rangers have cited concern about their local broadcasting contract as a reason for a relatively quiet offseason. Texas took a reduced rights fee to keep their contract with Diamond Sports Group for another season. While their deal had previously paid a reported $111MM annually, Heyman reported yesterday that they’ll receive $90MM for this year. There’s still broad skepticism about Diamond’s viability beyond the upcoming season.

The Yankees have no such concern about their television contract, as they’re very well positioned as co-owners of the YES Network. Their major spending deterrent is the luxury tax. New York is beyond the $297MM figure that marks the fourth tier of penalization. They’ve paid the CBT for two consecutive seasons, subjecting them to the highest penalties. The Yankees would owe a 110% tax on the average annual value of any additional signing.

That has evidently kept them from addressing a rotation that looks tenuous. Gerrit Cole will be out into May or June after experiencing elbow inflammation. New York parted with Michael King, Jhony Brito, Randy Vásquez and Drew Thorpe in the Juan Soto trade. Their only significant rotation acquisition this offseason has been a two-year deal for Marcus Stroman.

New York announced that Nestor Cortes will take the ball on Opening Day. He’ll be followed in the rotation by Carlos Rodón, Stroman and Clarke Schmidt. The fifth spot could fall to swingman Luke Weaver or a young pitcher like Clayton Beeter, Luis Gil or Will Warren. That’s already a risky group and there’s not much proven depth if anyone else from the top four suffers an injury.

Montgomery probably wouldn’t step into the Opening Day rotation given his lack of competitive Spring Training work, but he has been incredibly durable since undergoing Tommy John surgery in 2018. There’s a clear on-paper fit for a return to the Bronx. While Montgomery had some parting shots for the front office after being traded to St. Louis at the ’22 deadline, Stroman had also publicly criticized the Yankees before signing his deal. Montgomery has been loosely linked to the Red Sox and Mets in recent weeks, yet neither franchise seems keen on making a significant investment at this point of the offseason.

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New York Yankees Newsstand Texas Rangers Jordan Montgomery

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Reds Acquire Santiago Espinal

By Anthony Franco | March 20, 2024 at 6:48pm CDT

The Reds acquired infielder Santiago Espinal from the Blue Jays for minor league righty Chris McElvain, both teams announced. Cincinnati has a full 40-man roster but did not immediately reveal the corresponding move.

Acquiring an infielder a week before Opening Day probably wasn’t what the Reds anticipated entering camp. For most of the offseason, it seemed likelier that Cincinnati’s infield depth would lead them to trade someone away. That was particularly true after they added corner infielder Jeimer Candelario on a three-year free agent pact.

Things have changed rather quickly. Top prospect Noelvi Marte was suspended for 80 games after a positive test for the performance-enhancing substance Boldenone. That cleared everyday third base reps for Candelario, who had previously been ticketed for action between both corner spots and designated hitter. Perhaps even more alarming than the Marte suspension was today’s announcement that expected second baseman Matt McLain received an MRI on his injured left shoulder.

The team hasn’t provided a timeline on McLain, but manager David Bell told reporters this evening that he wouldn’t be ready for the start of the season. Bell had rather ominously left open the possibility that McLain could require surgery this morning, although the team hasn’t announced anything on that front. The UCLA product is headed for a second opinion before there’ll be an official timetable.

That the Reds went outside the organization for another infielder wouldn’t seem to point towards them expecting McLain’s return in short order. While they await official word on his injury, they add a quality defender who can serve as a depth piece at any of second base, third base or shortstop.

Espinal, 29, rode a surprisingly strong first half to an All-Star selection in 2022. His overall track record suggests he’s more of a high-end utility player than a regular on a contender, though. Espinal has plus contact skills with below-average power. His career .273/.331/.367 batting line is right around league average, as measured by wRC+, but he’s coming off a down year.

The righty-hitting Espinal turned in a .248/.310/.335 slash with two homers over 254 plate appearances last season. He lost a couple weeks to right hamstring inflammation but otherwise spent the year as a versatile infielder off the bench. Espinal saw most of his action at second and third base. He has graded as an above-average to plus defender at both spots in the eyes of public defensive metrics. He’s capable of playing shortstop but wasn’t asked to do so often in Toronto, where Bo Bichette has been an everyday lineup fixture for three years.

Espinal still has a pair of minor league options, so the Reds can move him to Triple-A Louisville, but they presumably would not have parted with a pitching prospect if they didn’t anticipate him being on the major league roster. He’ll back up Jonathan India, Elly De La Cruz and Candelario while Marte and McLain are out. His acquisition doesn’t bode well for the chances of non-roster invitee Erik González breaking camp. The Reds also had Josh Harrison and Tony Kemp on minor league deals this spring. Both players opted out and returned to free agency after being informed they wouldn’t make the team.

In January, the Jays and Espinal agreed on a $2.725MM salary to avoid an arbitration hearing. That’s a fully guaranteed deal which Cincinnati agreed to absorb. RosterResource calculated their payroll around $102MM before the trade; they’re up to roughly $105MM after the deal. Espinal has a little under four years of major league service. Cincinnati can control him via arbitration for another three seasons.

Toronto offloads a few million dollars from a payroll that had been projected around $236MM. Their luxury tax number sat around $249MM. That’ll also fall by $2.725MM. As second-time tax payors, they owe a 30% fee on spending between $237MM and $257MM. Shedding Espinal’s salary also saves them around $818K in tax commitments.

Moving Espinal clears a path for the out-of-options Ernie Clement to secure a spot on the Opening Day roster. As a contact-oriented righty hitter with infield versatility, he offers a similar profile to Espinal. The Jays feared that Clement would be claimed off waivers if they tried to send him to Triple-A, particularly on the heels of a huge showing this spring.

They’ll add McElvain as a flier to the lower levels of the system. An eighth-round pick out of Vanderbilt in 2022, he worked as a starter between two A-ball levels last season. McElvain pitched to a 3.75 ERA through 96 innings, albeit with a slightly below-average 21.1% strikeout rate and a walk percentage just south of 10%. He was not among Cincinnati’s top 30 prospects at Baseball America and didn’t receive a mention on Keith Law’s analysis of the system for The Athletic.

Image courtesy of USA Today Sports.

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Cincinnati Reds Newsstand Toronto Blue Jays Transactions Santiago Espinal

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Scott Boras, Harry Marino Discuss MLBPA Dispute

By Darragh McDonald | March 19, 2024 at 11:59pm CDT

Recent reporting has painted a picture of a divided MLBPA, where some players are pushing for deputy director Bruce Meyer to be replaced by Harry Marino. One of the charges coming from the pro-Marino camp are that Meyer and executive director Tony Clark are too aligned with agent Scott Boras. Evan Drellich of The Athletic spoke to Boras and Marino while also reporting on various other factors of the feud.

“If you have great ideas, and you want those ideas to be promulgated in a manner that is beneficial to the union and the players they represent, you go to Tony Clark with your plan,” Boras said. “You discuss it with him first, and the many lawyers in the union. If you have issues with the union and you want to be involved with the union, you take your ideas to them. You do not take them publicly, you do not create this coup d’etat and create really a disruption inside the union. If your goal is to help players, it should never be done this way.”

Marino also provided comment: “The players who sought me out want a union that represents the will of the majority. Scott Boras is rich because he makes — or used to make — the richest players in the game richer. That he is running to the defense of Tony Clark and Bruce Meyer this morning is genuinely alarming.”

It’s understandable why there is frustration among the players right now, as the offseason has clearly not been kind to them. Many notable free agents remained unsigned into Spring Training and some are even languishing on the open market right now. Various teams are claiming to be at their respective spending limits, often due to uncertainty around TV revenue or competitive balance tax concerns.

Players like Jordan Montgomery, J.D. Martinez, Michael Lorenzen, Brandon Belt, Donovan Solano, Tommy Pham, Robbie Grossman and many others are currently unattached. In recent weeks, players like Michael A. Taylor, Adam Duvall, Tim Anderson, Gio Urshela, Amed Rosario, Randal Grichuk and others have signed for $5MM or less. Players like Blake Snell, Cody Bellinger and Matt Chapman were predicted for nine-figure deals at the start of the offseason but had to recently pivot to short-term, opt-out laden pacts.

On top of that, the players seem to have been rankled by the peculiar situation involving J.D. Davis and the Giants. He and the club went to an arbitration hearing, which he won, as the arbiters awarded him a $6.9MM salary for this year instead of the $6.5MM figure the club sought. Arbitration salaries are guaranteed if the sides avoid a hearing but not if they go to one. After the Giants signed Chapman and no longer needed Davis as their third baseman, they released him, only owing him 30 days’ termination pay of $1.11MM. He later signed with the Athletics for a $2.5MM guarantee and $1MM of incentives. Even if he unlocks all those bonuses, he’s still wind up losing more than $2MM by this series of events.

Casey Mize, the Tigers’ MLBPA player rep, spoke to Drellich about the various issues causing the upset. “I think if you went around the room and asked, I think everybody would give you a different answer,” Mize said. “Coming off the heels of this free agency is a pretty glaring one. But there’s tons of details. You could look at the J.D. Davis situation. You could look at free agency. I think you could look at the taxes of the CBT (competitive balance tax) stuff. So many guys are going to give you different answers, whether it’s service time or whatever. I don’t want to get into details of what frustrates me or what I heard last night, but in general, we’re just looking for ways to get better. Those are discussions we have all the time, and yeah, we had one last night.”

Drellich reports that this winter’s frustration has “banded together some agents and players” who have had past dissatisfaction with the union but without being spurred into action until now. The earlier reporting had suggested there was a “strained” relationship between Marino and Meyer, and Drellich depicts a split in the MLBPA between a Marino camp and a Meyer camp. The report adds that the fates of Clark and Meyer are tied, so that both would depart the MLBPA if Marino has enough support to be put into a leadership position. A scenario where Marino effectively replaces Meyer and works alongside Clark is seen as unlikely at this point.

Though it’s plain to see why the players may not be thrilled with the developments of this offseason, it’s surprising from a distance to see such animosity bubbling out into the public, as this isn’t the first time the players have faced difficulties with the economics of baseball. The executive director of the MLBPA has historically been a lawyer or labor leader, but Clark became the first former player to hold the position in 2013. The 2016-21 collective bargaining agreement, this first of his tenure, was widely panned for being a poor result for the players. Meyer was brought aboard in 2018 to help negotiate the next CBA, bringing with him his three decades of experience working with the player unions of the NBA, NHL and NFL.

It was generally perceived that the players made some gains with the current CBA that came out of the 2021-22 lockout. The minimum salary went up from $570K to $700K in 2022, and would continue to have annual increases, set to be $740K in the upcoming season. A pre-arbitration bonus pool was created to get more money to younger players. Salaries for arbitration-eligible players, which were previously not guaranteed for any of them, became guaranteed for those that avoided a hearing. A draft lottery was implemented with the hope of disincentivizing tanking.

The competitive balance tax lines also moved up noticeably, with the base threshold going from $210MM in 2021 to $230MM in 2022, further increasing annually with that threshold at $237MM this year. The other two thresholds holds moved up by comparable amounts. Though the current CBA did feature the addition of the fourth line, whereas there had previously only been three.

Harry Marino, meanwhile, led the effort to unionize minor leaguers. The MLBPA eventually became the collective bargaining arm of minor league players, which led to the first ever CBA for minor leaguers. Marino left the MLBPA after that, with Drellich reporting that his relationship with Meyer “soured significantly” during their time working together on that, but Marino appears to have resurfaced as the attempts to push out Meyer and/or Clark have gained momentum.

The exact nature of those disagreements isn’t clear but it seems that the frustrating offseason has brought them back to the surface and divided the players corps. It appears Marino and those in his camp are accusing Clark and Meyer of being too aligned with Boras. This is a charge that has arisen before, with Meyer calling it “absurd” back in 2021.

Drellich points out that Boras was upset when the players accepted the current CBA, believing they should have held out for more, particularly in terms of pushing the CBT. Though he also adds that many other players and agents viewed things from the opposite side. Based on the wording of Marino’s statement above, it appears his argument stems from the accusation that the union focuses too much on the “richest” players to the harm of others.

The MLBPA has an executive board that consists of 72 members and it was reported earlier today that 38 of those are major leaguers and 34 are minor leaguers. This report from Drellich specially mentions Jack Flaherty, Lucas Giolito and Ian Happ as players that are both on the board and also Marino supporters.

How Marino would do things differently to the Clark/Meyer leadership is unclear. Per Drellich, Marino’s supporters have been circulating a PowerPoint presentation consisting of eight slides. The full details of this aren’t clear but it apparently questions some of the MLBPA’s own spending decisions, in addition to the recent CBA negotiations.

Supporters of the Clark/Meyer camp, on the other hand, are pointing to track record. Meyer, as mentioned, has three decades of experience working with player unions in other sports. He has only been with the MLBPA since 2018 but has already gone toe-to-toe with MLB commissioner Rob Manfred and deputy commissioner Dan Halem, enduring a lockout that lasted more than three months and saw the players make some of the aforementioned gains. The Davis situation, though understandably frustrating, was possible with all arbitration-eligible players until this current CBA. While the new deal didn’t close that loop completely, it at least made arbitration salaries guaranteed for those who avoid a hearing. The CBT impacting league spending is also understandably annoying, but those thresholds moved up considerably with this CBA.

Marino, meanwhile, is just 33 years old and has far less on his résumé. Drellich relays that MLB found Meyer difficult to deal with and would be happy to see him go, something his defenders point to as a positive. As Drellich also points out, the league is naturally happy with any discord between the players as it will only help them in negotiating future CBAs.

Per today’s reporting, it seems the outcome is a binary, where the union will either stay the course with Clark/Meyer or make a significant pivot by going with a largely unknown quantity in Marino, a decision that could have ramifications for the players for years to come. The current CBA runs through the 2026 season.

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MLBPA Newsstand Bruce Meyer Casey Mize Harry Marino Ian Happ Jack Flaherty Lucas Giolito Scott Boras Tony Clark

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