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Athletics To Sign Aledmys Diaz

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12:49pm: Diaz’s exact guarantee if $14.5MM, Sherman tweets.

11:50am: The A’s and veteran infielder Aledmys Diaz are in agreement on a two-year deal in the $14MM range, tweets Joel Sherman of the New York Post. The deal is pending a physical.

Diaz, 32, has spent the past four seasons in a utility role with the division-rival Astros, serving as a nice bat against left-handed pitching and playing all over the diamond. He’s coming off a .243/.287/.403 season that represents a slight downturn from what he’s done in four years with Houston on the whole: .255/.313/.424.

Aledmys Diaz

A dismal postseason showing wasn’t the lasting image for which Diaz hoped as he headed into free agency, but that’s the scenario with which he was faced after going just 1-for-22 with a double and six strikeouts. Even with that ugly closing note, however, Diaz’s broader track record as a slightly above-average hitter with some defensive versatility was enough to land him a multi-year deal that’ll run through his age-33 season.

Diaz spent time at all four infield spots in 2022, plus a brief look in left field, so he’ll give the A’s a versatile option — much like the recently signed Jace Peterson — after they entered the offseason with little in the way of infield stability. Peterson (third base), Tony Kemp (second base) and Seth Brown (first base) all hit left-handed, so Diaz can serve as a right-handed complement to any of the bunch. That said, Diaz is a career .275/.322/.457 hitter against righties, so he has enough bat to be in the lineup as more than just a platoon option for manager Mark Kotsay.

While Diaz was a primarily a shortstop early in his career with the Cardinals and still has more innings at that position than any other spot on the diamond, he’s continually drawn poor defensive grades there from metrics like Defensive Runs Saved (-23 in 2524 innings), Ultimate Zone Rating (-14) and Outs Above Average (-17). That said, Diaz is a decent enough emergency option at the position, should a need arise, and he’s drawn positive marks from those same metrics at each of the other three infield slots.

The A’s entered the 2022-23 offseason without a single guaranteed contract on the books for the upcoming season, but they’ve now inked a pair of versatile infielders to two-year contracts, at least affording them some semblance of reliability in the lineup. That said, they’re also fielding trade offers for standout catcher Sean Murphy, who seems likely to be traded, and by midseason they could very well be fielding interest in Diaz and/or Peterson as they continue to stockpile young players in their latest rebuilding effort.

Oakland is still under $50MM in payroll for the 2023 season — assuming neither the Diaz nor Peterson deal is heavily front-loaded — so there’s room for the team to make some additional signings in this tier of the market. Given the lack of experience on the roster and the defensive fluidity many of the current starters bring to the table, the A’s could still make a play for a free agent at just about any position. There’s also clear room for multiple veteran arms, be they starters or relievers, so it shouldn’t come as a surprise to see a handful of comparably modest signings in the weeks and months ahead.

Padres Made Strong Offer For Aaron Judge

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3:22pm: Although Ken Rosenthal of The Athletic doesn’t say exactly how far the Padres went in their Judge pursuit, he reports the team did not offer Judge $400MM.

9:25am: Bob Nightengale of USA Today reports that the Padres’ offer was $400MM over 10 years.

9:15am: The Aaron Judge bidding was widely believed to be a two-team battle between the Yankees and Giants. In the end, Judge is returning to the Bronx but there was a surprise third team that sat down at the table. Judge reportedly flew to the Winter Meetings in San Diego and met with the Yankees, Giants and Padres, per Jeff Passan of ESPN. The Padres came in with a “significant” offer, according to Mark Feinsand of MLB.com, while Jon Morosi of MLB Network reports that Judge turned down higher offers elsewhere to return to the Yanks. A report from Ken Rosenthal and Dennis Lin of The Athletic indicates that Judge met with Padres owner Peter Seidler and president of baseball operations A.J. Preller but “it is believed they never got the chance to make a formal bid.”

The fact that the Padres came close on Judge is noteworthy since this is the second time this week that they have reportedly been willing to put a massive deal in front of a player. After Trea Turner signed with the Phillies for $300MM over 11 years, it was reported that the Friars actually made Turner a higher offer of $342MM. The specifics of that offer aren’t known, so it’s possible that it contained deferrals or options that would change the context, but it was surely a huge number regardless. The details of what they floated to Judge aren’t known either, but since Judge is in agreement with the Yankees for $360MM over nine years, it can be fairly assumed that the Padres were willing to get somewhere in that vicinity.

The Padres have never really been considered heavy hitters when it comes to baseball spending, but they have completely changed that reputation in recent years. Up until recent years, they had only once had an Opening Day payroll in nine-figure territory, which came back in 2015, according to Cot’s Baseball Contracts. They started ramping that up with big free agents deals for Eric Hosmer and Manny Machado, a massive extension for Fernando Tatis Jr., and a whole host of trades for stars on other teams. As a result, their Opening Day payrolls jumped to $174MM in 2021 and $211MM in 2022 and they ended up paying the luxury tax in both of those years thanks in part to in-season trades.

This week’s offers to Turner and Judge seem to indicate that they still haven’t reached the ceiling of where they are willing to go. Roster Resource pegs their 2023 payroll at $210MM with a competitive balance tax figure of $230MM. Signing Turner or Judge would have likely adding something around $30-40MM to each of those numbers. It’s possible they could have then looked to lower them by making trades, but they also still have other needs on the roster to address, such as filling out their starting rotation. Since the club is likely to be a third-time payor in 2023, they will face escalating penalties this time around. Any spending over $233MM will result in a 50% tax, with a 62% tax for going over $253MM and a 95% tax on spending over $273MM.

The question now will be whether the Padres will now dedicate those resources elsewhere or if they viewed Turner and Judge as especially elite talents that were worth stretching their comfort zone. Though many top free agents have flown off the board this week, there are still plenty of them left. With Turner gone, three of the “big four” shortstops remain in Carlos Correa, Xander Bogaerts and Dansby Swanson. Signing a shortstop is a bit of a clunky fit on the roster since the Padres already have Ha-Seong Kim and Tatis, but they were willing to do it with Turner, perhaps by moving Tatis to the outfield. Would they pursue the same plan with one of the other shortstops? There’s also the starting rotation to think about, since the Friars lost Sean Manaea and Mike Clevinger to free agency. While Justin Verlander and Jacob deGrom are now signed, would the Padres consider a big splash on the last remaining ace in Carlos Rodón? With Judge off the board, the best remaining outfielder in free agency is Brandon Nimmo. Will the Padres turn their attentions to him?

Similar questions will now be asked about the Giants, as they were surely near Judge’s final price as well. Morosi reports that Judge had offers, plural, beyond what he accepted from the Yankees. Since the reporting indicates this came down to a three-team race, that seems to imply that both the Padres and the Giants were willing to go beyond the $360MM figure Judge eventually accepted.

Unlike the Padres, the Giants still have plenty of room before on their ledger before thinking about the luxury tax. Roster Resource has their payroll at $139MM with a CBT number of $156MM. Even if they added about $40MM or so with a Judge signing, they would have been well shy of the lowest luxury tax threshold of $233MM. It’s been reported for months that the Giants were interested in pursuing Judge as well as the marquee shortstops in this offseason. It now seems quite likely that they will pivot from Judge to those shortstops and be connected to them in rumors in the weeks to come. Alex Pavlovic of NBC Sports reports that this is indeed the plan, with Carlos Correa atop their list, though they will also be looking for another starting pitcher and outfielder, to pair with yesterday’s signing of Mitch Haniger.

Pirates Win #1 Overall Pick In Draft Lottery

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The inaugural MLB draft lottery was conducted at the Winter Meetings this evening. The Pirates were awarded the first overall pick, followed by the Nationals and Tigers. Here is the first round:

  1. Pirates
  2. Nationals
  3. Tigers
  4. Rangers
  5. Twins
  6. A’s
  7. Reds
  8. Royals
  9. Rockies
  10. Marlins
  11. Angels
  12. Diamondbacks
  13. Cubs
  14. Red Sox
  15. White Sox
  16. Giants
  17. Orioles
  18. Brewers
  19. Rays
  20. Blue Jays
  21. Cardinals
  22. Mets
  23. Mariners
  24. Guardians
  25. Braves
  26. Dodgers
  27. Padres
  28. Yankees
  29. Phillies
  30. Astros

In previous years, the draft order was fixed in inverse order of the regular season standings. As part of the Players Association’s efforts to reduce the incentive for non-competitive teams to lose games, the latest collective bargaining agreement introduced a lottery to determine the top six overall selections. A team’s odds of landing a higher pick are still weighted in favor of the clubs with the worst records, although the three worst teams all had identical chances of landing the top selection. All 18 non-playoff teams were technically in the running for any of the top six picks, albeit with increasingly diminished odds for the clubs with better records. The 12 playoff teams were ordered depending on their postseason finishes, with a team’s revenue sharing status separating teams that were eliminated in the same round.

This year, the Nationals, A’s and Pirates all had the best chance of securing the #1 overall selection. Each club had a 16.5% probability. The Reds (13.25%) and Royals (10%) rounded out the top five as the only other teams with a 10% chance or better of securing the top pick. Other than Pittsburgh, the Twins were the biggest beneficiary of the new system, drawing into the top five despite having the 13th-worst record. The Royals fell outside the top ten despite finishing fifth from the bottom in the standings, while Oakland falls from second-worst to sixth.

The lottery only comes into play for the first round of the draft. From the second round onwards, pick order is determined in inverse order of the prior season’s standings, aside from compensatory and competitive balance selections.

While the draft order is official, there’s obviously plenty of uncertainty as to which players will be at the top of the class. Baseball America updated its preliminary top 100 draft prospects in October, slotting LSU right fielder Dylan Crews, Tennessee right-hander Chase Dollander and Ole Miss shortstop Jacob Gonzalez among the most talented prospects. There’ll be plenty of movement once the amateur baseball circuit kicks back off next spring.

Giants Sign Mitch Haniger To Three-Year Deal

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The Giants have added one of their desired outfielders, announcing a three-year contract with Mitch Haniger. It’s reportedly a $43.5MM guarantee, and the deal allows him to opt out after two seasons. Haniger is represented by Apex Baseball.

A Mountain View native, Haniger returns to Northern California during his first trip to free agency. He’ll receive a $6MM signing bonus up-front, followed by a $5MM salary in 2023 and $17MM in 2024. At that point, he’ll have to decide whether to bypass the final season and $15.5MM remaining on the deal. Haniger would also receive a $1MM assignment bonus if traded.

While this isn’t the outfield splash San Francisco fans have been urgently awaiting, there’s no question Haniger’s an upgrade to a lineup that was middle-of-the-pack in 2022. He’s been an above-average hitter in each of his six seasons with the Mariners, flashing middle-of-the-order potential at his best. Haniger has topped a .490 slugging mark in three separate campaigns, twice surpassing 25 home runs.

Earlier in his career, the Cal Poly product paired that with strong on-base marks. He reached base at a .366 clip during a 2018 season that arguably stands as his best to date, when he posted a .285/.366/.493 line over 683 plate appearances. That showing earned him an All-Star nod and an 11th-place finish in AL MVP balloting.

Injuries prevented Haniger from following up with another full season. He was off to a slower start in 2019, carrying a .220/.314/.463 line into the first week of June. An unfortunately-placed foul ball resulted in a ruptured testicle which required season-ending surgery, and the health concerns carried into 2020. He underwent core surgery over the 2019-20 offseason and ended up missing the entirety of the abbreviated season. The series of brutal health luck cost him more than 18 months of action, but he returned with an excellent 2021 campaign.

Haniger logged his most extensive workload to date that year, tallying 691 plate appearances over 157 contests. He launched a personal-best 37 homers, although his .253 batting average and .318 on-base percentage were closer to league average marks. That kind of power production in one of the sport’s more pitcher-friendly home venues made him 21 percentage points better than average offensively, by measure of wRC+, and he landed some down-ballot MVP votes for the second time.

This past season again saw Haniger battle injury concerns. A high ankle sprain cost him a few months and he managed just a .246/.308/.429 line in 57 games. That was a disappointing platform season to be sure, but it doesn’t seem to have seriously changed the Giants’ projection of his long-term outlook. Haniger’s batted ball data in that limited look remained strong, as he posted a career-best 91.9 MPH average exit velocity and 47.2% hard contact rate. Over the past two seasons, he owns a .251/.316/.470 line.

In addition to that power-oriented offensive profile, Haniger offers decent value on the other side of the ball. He’s not an option in center field, but he generally rates well in right field. Defensive Runs Saved has pegged him as 21 runs above average in more than 3800 career innings of corner outfield work. Both DRS and Statcast rated him below-average in 2021, but he posted slightly better than par marks in both 2019 and 2022. Haniger’s not likely to win any Gold Gloves, particularly since he’s now headed into his age-32 season. Yet even competent defense would be a major boost for a San Francisco team whose outfielders rated 22 runs below average in 2022 in Statcast’s estimation.

Seattle elected not to issue Haniger a qualifying offer, so the Giants won’t forfeit any draft compensation to bring him aboard. The M’s will not receive any compensation for his departure. With Haniger walking in free agency and Jesse Winker dealt to Milwaukee, Seattle’s likely to continue exploring the market for outfielders to pair with Julio Rodríguez and Teoscar Hernández.

The Giants surely aren’t done in the outfield themselves. President of baseball operations Farhan Zaidi told reporters yesterday the team hoped to bring in two outfielders to join Mike Yastrzemski and Joc Pederson, who’d presumably be pushed into a designated hitter role if that transpired. There’s no secret who the top target is. The Giants are one of the top suitors for Aaron Judge, and they’ve reportedly offered him a deal in the $360MM range. Whether the defending AL MVP will leave the Yankees remains to be seen, but the Haniger signing surely doesn’t impact San Francisco’s pursuit at the top of the market.

Haniger’s deal narrowly tops MLBTR’s prediction of three years and $39MM at the start of the offseason. It shouldn’t have a huge impact on the Giants financial breathing room, as it only brings their 2023 payroll to around $143MM. The deal’s $14.5MM luxury tax hit puts their CBT ledger around $156MM, per Roster Resource. That’s nowhere close to the $233MM base tax threshold, nor is their actual spending near the $200MM range the Giants have reached in prior years. They’re sure to make more impactful additions in the coming weeks and months, but Haniger marks their first major step in bolstering their lineup as they try to track down the Dodgers and Padres in a competitive NL West.

Jeff Passan of ESPN first reported the Giants and Haniger had agreed to a three-year, $43.5MM deal. Alex Pavlovic of NBC Sports Bay Area was first to report the deal contained a post-2024 opt-out clause. Ken Rosenthal of the Athletic reported the specific financial breakdown.

Image courtesy of USA Today Sports.

Wolfe: Senga Has Received Five-Plus Year Offers

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Star Japanese hurler Kodai Senga is one of the most intriguing entrants on this offseason’s free agent market. The right-hander is arguably the second-best pitcher remaining behind Carlos Rodón, and he’s already been tied to almost a third of the league in various reports.

Reflecting that wide interest, Senga’s agent Joel Wolfe told reporters at the Winter Meetings this afternoon his client has been offered deals of five and six years (via Kyle Glaser of Baseball America). Predictably, Wolfe didn’t divulge salary figures but suggested Senga’s prioritizing the opportunity to join a win-now club. Earlier in the offseason, Wolfe told Gordon Wittenmyer of NBC Sports Chicago the right-hander was hoping to land in a big market.

There’s certainly a risk in committing five or six seasons to a pitcher without any track record against big league hitters. At the same time, it’s not hard to understand how the bidding has apparently worked its way to that level. Senga has a fantastic track record at the highest level in Japan, working to a 2.59 ERA in parts of 11 NPB seasons. He’s coming off 144 frames of 1.94 ERA ball, striking out an above-average 27.5% of opponents. He walked batters at an average 8.6% clip.

According to scouting reports, Senga has a fastball that sits in the mid-upper 90’s and an excellent splitter that serves as his top secondary offering. Evaluators have raised some concerns about his breaking ball and the consistency of his strike-throwing effectiveness, but he bolsters a high-octane top two pitches and has a long track record of success at NPB’s highest level. Headed into his age-30 season, he’ll step right into an MLB rotation, with his signing team surely at least anticipating mid-rotation caliber production.

The starting pitching market has picked up in recent days, with Jacob deGrom, Justin Verlander, Zach Eflin and Andrew Heaney all coming off the board on multi-year deals. Beyond Rodón, Senga leads a group with Chris Bassitt, Nathan Eovaldi and Jameson Taillon as the next tier of free agent starters. Senga is the youngest of that group and figures to land the longest deal; it’s quite possible he’ll secure the largest guarantee as a result, even if his annual salaries may check in a bit below those of Bassitt and Eovaldi.

Entering the offseason, MLBTR predicted Senga to land a five-year, $75MM contract. He’s a true international free agent, so a signing team won’t owe any compensation to his former NPB club, the Fukuoka Softbank Hawks. The Blue Jays, Red Sox, Padres, Mets, Giants, Yankees and Mariners are among the teams that have been linked to him this offseason. Wolfe told reporters there are currently between a half-dozen and a dozen teams still involved in the market (via Glaser).

Rangers Have Met With Carlos Rodon Since Signing Jacob deGrom

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One year after shocking baseball by signing both Marcus Semien and Corey Seager for a combined half-billion dollar, the Rangers appear to at least be considering a similar double dip into the deep end of the free-agent pool. Ken Rosenthal of The Athletic reports that the Rangers met with Carlos Rodon just one day after signing Jacob deGrom to a hefty five-year, $185MM contract.

With deGrom in Texas and Justin Verlander having agreed to terms with the Mets, Rodon is the lone free-agent ace left on the board. He’s reportedly been seeking a six-year deal worth more than $30MM annually — a weighty sum for a pitcher with a lengthy injury history that includes both shoulder surgery and Tommy John surgery.

That said, Rodon has left little doubt in recent years that he’s among the sport’s most talented pitchers. After signing a $3MM pillow contract with the White Sox in the 2020-21 offseason, he at last made good on the expectations associated with his name dating back to his No. 3 overall selection in the draft. Through the first four months of the 2021 season, Rodon was arguably the best pitcher in baseball and looked like the clear front-runner for the American League Cy Young Award.

Shoulder fatigue limited Rodon to just 28 innings in the season’s final two months, however, and when he did pitch down the stretch in 2021, it was often with reduced velocity. The White Sox were apparently wary enough that they declined to put forth a qualifying offer, and Rodon inked a two-year, $44MM deal with the Giants that allowed him to opt back into the open market if he reached 110 innings on the season.

Not only did Rodon reach 110 innings, but he did so while again putting himself onto the periphery of the Cy Young race. The lefty tossed a career-high 178 innings with a 2.88 ERA, held his velocity late into the season and averaged better than 5 2/3 innings per start as a member of the Giants. He led the National League in strikeouts and, since Opening Day 2021, leads all Major League pitchers (min. 200 innings) with a 33.9% strikeout rate. Rodon has done all that while pitching to a combined ERA of 2.67 with similarly excellent marks in FIP (2.42) and SIERA (2.88).

Onlookers may wonder just how the Rangers could even consider continuing to spend so aggressively in such a short period of time — particularly when so many teams have been averse to paying the luxury tax in recent seasons. The increased luxury tax thresholds in the 2022-26 collective bargaining agreement surely play a role, as the first-tier threshold has climbed from $210MM in 2021 to $233MM this coming season.

The luxury tax, however, isn’t a major issue for the Rangers — at least not yet. Roster Resource projects that they currently have about $192.4MM of luxury obligations, meaning even signing Rodon at a $30MM AAV would still leave them with more than $10MM of breathing room from the first tier of penalization. It’s also worth noting that the penalty for first-time offenders is rather tepid — relatively speaking. The Rangers would owe a 20% tax on the first $20MM by which they exceed the $233MM threshold and a 30% tax on the next $20MM. Even shattering the luxury barrier by a means of $40MM would give the Rangers $10MM in penalties — about the price of signing a back-of-the-rotation starter in the current market.

Of course, signing Rodon would squarely set the Rangers up for a potential long-term status as a luxury payor. The combination of deGrom, Seager, Semien and Jon Gray amounts to $107.5MM on its own, and tacking on $30MM+ for Rodon would get Texas nearly 60% of the way to luxury territory even as far out as the 2024 campaign — and that’s not even including arbitration-eligible players and pre-arb players to round out the roster.

Texas, however, is enjoying the fruits of a newly constructed stadium that drew more than two million fans in 2022 and can surely anticipate that number will climb in 2023, with deGrom (at the very least) now on board. Ownership from all 30 clubs is also perhaps a bit more willing to spend after the league sold off its remaining 15% stake in BAMTech to Disney for $900MM, the spoils of which were divided among teams. Meanwhile, lucrative streaming deals with Apple and NBC/Peacock have only further bolstered revenues for the league’s 30 teams. Heading into the 2022 season, national television and streaming rights afforded all 30 teams approximately $65MM in revenue before factoring in local television deals, attendance, concessions and other sources of revenue.

Giants’ Offer To Aaron Judge Reportedly “In The Neighborhood” Of $360MM

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The Giants’ offer to reigning American League MVP Aaron Judge is “believed to be [in the] $360MM neighborhood,” reports Jon Heyman of the New York Post. The number of years on the contract aren’t clear, though recent reports have suggested Judge could push for a nine-year deal. That would put the potential average annual value on San Francisco’s offer in the $40MM ballpark, or perhaps in the $36MM range if they were comfortable extending the offer to a decade in length in order to mitigate some of the AAV and luxury tax concerns.

San Francisco has long been seen as the primary threat to sign Judge away from the Yankees, given their increasing urgency to field a winner, the team’s wide-open payroll outlook and Judge’s fandom of the team as a child growing up in Northern California. Judge has met with both teams in the past week, and outside of some loose connections to the Dodgers, there’s been no concrete reports of other teams involved in the mix.

That hardly means Judge only has two suitors, of course. Coming off a 62-homer, .311/.425/.686 season that netted him his first MVP win, it stands to reason that the majority of teams would at least inquire about the possibility of a deal. However, given the heights to which his market appears to be soaring, most clubs would surely balk at making a competitive offer.

Still, today’s revelation that the Padres offered Trea Turner a $342MM deal that would’ve given him the third-largest guarantee in MLB history — only to be rebuffed in favor of the Phillies — has at least served as evidence that another team is willing to spend at the very top end of the free agent market (albeit on a different player). There’s been no firm link between the Padres and Judge just yet, but with San Diego eyeing the corner outfield market and having displayed a willingness to commit an unprecedented third $300MM+ contract, it’s easy enough to speculate that the Friars could emerge as a viable third entrant in the bidding.

Heyman suggests that even with the Giants’ enormous offer, many in the industry still believe the Yankees to be the favorites. The Yankees, for their part, of course continue to hope that Judge will re-sign and spend his career in the Bronx, although recently extended general manager Brian Cashman told reporters last night that agent Page Odle has not given the Yankees any assurances that they’ll be afforded the opportunity to match or exceed an offer from another team before Judge accepts (link via Bryan Hoch of MLB.com).

The Giants have approximately $133MM in salary committed to next year’s books and are a projected $91MM shy of the first tier of luxury-tax penalization, so an AAV for Judge in the upper $30MMs or even reaching $40MM wouldn’t put them anywhere close to the tax line. Judge did reject the Yankees’ qualifying offer, however, so he’d cost the Giants their second-highest pick in next summer’s draft and also trigger a $500K reduction in their spending capacity on international amateur free agents.

Orix Buffaloes Officially Post Masataka Yoshida

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12:55pm: The posting window has actually been changed from 30 days to 45 days, according to Mark Feinsand of MLB.com. Feinsand adds that Yoshida’s window will officially open tomorrow at 8am Eastern and go until 5pm on January 20th.

12:20pm: The Orix Buffaloes of Japan’s Nippon Professional Baseball have officially posted outfielder Masataka Yoshida, according to Jeff Passan of ESPN. He’ll have 30 days to find a deal with a major league team or else return to the Buffaloes for 2023.

Yoshida, 29, made his NPB debut with the Buffaloes in 2016 and has since established himself as a key contributor at the plate. In 2022, he played in 119 games, hitting 21 home runs and producing an overall batting line of .335/.447/.561. That level of production and Yoshida’s age should lead to him garnering plenty of interest from North American teams. It was reported back in November that this posting was coming, but NPB contracts generally run until the start of December, which delayed the official move until now.

This year’s market for free agent outfielders isn’t huge in terms of quantity. MLBTR’s list of the top free agents featured Aaron Judge in the top spot and Brandon Nimmo at number nine. Those guys are both likely to receive nine-figure deals, but then there’s only a few guys capable of everyday jobs in the middle of the list. Joc Pederson accepted the qualifying offer to return to the Giants, leaving Andrew Benintendi, Mitch Haniger and Jurickson Profar as some of the few mid-market options. Then there are some guys likely to require less cost but with injury risks, such as Michael Conforto and Michael Brantley.

Teams will likely have wide variance in how they evaluate Yoshida, but it’s unlikely he will earn a contract that rivals the top-market guys. Seiya Suzuki was another highly-touted slugger who was posted a year ago and he eventually signed with the Cubs for five years and $85MM. He was 27 years old at the time, two years younger than Yoshida is now. That likely makes it difficult for Yoshida to beat Suzuki’s guarantee, though it’s possible some team values him significantly higher than the Cubs valued Suzuki. For the teams that miss out on the top free agent outfielders, Yoshida should add an interesting new option for the next tier of the market.

There will be a 30-day window where MLB clubs can negotiate with Yoshida’s representatives. If a deal is reached, the signing team will also owe money to the Buffaloes, with that amount being relative to the size of the contract given. Any big league team that signs him would owe the Buffaloes a fee equal to 20% of the contract’s first $25MM, 17.5% of the next $25MM and 15% of any dollars thereafter. If he does not reach an agreement with an MLB team, he will return to the Buffaloes for 2023. Yoshida has already been connected to the Blue Jays, Mariners and Yankees, with plenty of other teams sure to emerge in the next few weeks.

Padres Offered Trea Turner $342MM Deal

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Dec. 6, 12:35pm: The Padres offered Turner a guarantee of $342MM, tweets Jon Heyman of the New York Post.

11:51am: The Padres’ offer to Turner was not only higher than the offer he accepted from Philadelphia but would have made Turner the highest-paid infielder in baseball, topping Francisco Lindor’s $341MM deal with the Mets, reports ESPN’s Buster Olney. The exact length of the contract, potential deferrals, etc. aren’t known at this time, but it’s a nevertheless jarring follow-up revelation in the wake of the Phillies’ deal with Turner. Lindor’s contract is currently the third-largest guarantee in Major League history.

While Kevin Acee of the San Diego Union-Tribune reported in the aftermath of the Padres’ failed bid that the team is no longer pursuing shortstops, Olney writes that the Padres have at least been in touch with Bogaerts, echoing a similar sentiment reported last night by Ken Rosenthal and Dennis Lin of The Athletic.

More broadly, Olney reports that the Padres are “very serious about trying to do all they can” to win the franchise’s first World Series, which raises the question as to whether San Diego might emerge as a legitimate entrant in the bidding for Aaron Judge, Carlos Rodon and other top remaining free agents.

Dec. 5: The Phillies made the biggest splash of the offseason to date, agreeing to terms on an 11-year deal with Trea Turner this afternoon. Once finalized, it’ll make the two-time All-Star the 10th player in MLB history to land a contract worth at least $300MM.

Massive as the contract was, it apparently wasn’t the highest offer the shortstop had on the table. Matt Gelb of the Athletic reports the Padres made an offer which topped the one Turner accepted from Philadelphia. Specifics of the proposal aren’t clear, but Gelb adds the gap was wide enough San Diego’s offer would’ve translated into more money even after adjusting for California’s higher state income tax rate than Pennsylvania’s.

In the months leading up to Turner’s free agency, there was a fair bit of speculation about whether geography would play a role in his decision. He’s a Florida native who went to college at North Carolina State. His wife Kristen is from New Jersey. Turner reportedly expressed a desire to remain on the East Coast when the Nationals traded him to the Dodgers at the 2021 deadline, and while he downplayed geographic preferences in free agency, there seems to have been some truth behind the rumblings he could prefer heading back across the country. Turner also rejoins longtime Washington teammate Bryce Harper and hitting coach Kevin Long in Philadelphia.

On the one hand, losing out on a star player even after making the highest offer has to be a tough blow for San Diego. Yet it also illustrates the possibility for the franchise to continue pushing chips in as they aggressively seek to augment one of the game’s more talented rosters. One could argue shortstop is more of a luxury buy for the Friars anyhow, with Fernando Tatis Jr., Ha-Seong Kim and Jake Cronenworth all on hand as middle infield options. Yet San Diego was willing to put forth one of the largest contracts in league history to try to add another star to the lineup.

San Diego has also been tied to Xander Bogaerts this offseason. That they were the high bidder on Turner doesn’t inherently mean they’ll top the market for Bogaerts instead, but it wouldn’t be a surprise if they pivot in that direction now that their primary target is off the board. The Padres have exceeded the luxury tax threshold in each of the past two seasons, and they’d have to do so again to add any of the star free agent shortstops. Roster Resource estimates their CBT ledger around $3MM below the base tax threshold of $233MM, and signing Turner for an average annual value around the $27.3MM he received would’ve pushed them into the second tier of penalization. That’d have involved a 50% tax on the first $20MM — an extra $10MM — and further taxes from that point forward, but it was apparently a bill owner Peter Seidler was content to foot for another star. How or if they reallocate that money, either in a pursuit of Bogaerts or in more directly addressing areas of need like first base and the corner outfield, remains to be seen.

As for the Phils, they now anticipate looking to the pitching market after adding to an already loaded position player core. Scott Lauber of the Philadelphia Inquirer tweets the middle of the rotation and back of the bullpen are target areas for the Phils, who now aren’t far off the base luxury tax tier themselves. President of baseball operations Dave Dombrowski told reporters this evening the club is looking for a setup-type reliever who could mix and match with Seranthony Domínguez, Connor Brogdon and José Alvarado at the end of games (via Alex Coffey of the Philadelphia Inquirer).

While the Phillies certainly aren’t taking their foot off the gas, Dombrowski downplayed the possibility of adding another player who’d rejected a qualifying offer. The Phils forfeited their second and fifth-highest picks in next year’s amateur draft plus $1MM in international signing bonus space for Turner, who’d turned down a QO with the Dodgers. They’d lose their third and sixth picks to sign another qualified free agent, and Dombrowski told Coffey and others the team doesn’t have “much appetite” for that kind of pick forfeiture.

Yankees Sign Tommy Kahnle

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10:41am: There’s no option on the contract, tweets Joel Sherman of the New York Post, adding that Kahnle will be paid $5.75MM in each of the next two seasons.

10:32am: The Yankees have agreed to a two-year deal with free-agent reliever Tommy Kahnle, reports Ken Rosenthal of The Athletic (Twitter link). Kahnle, a client of the Ballengee Group, will be guaranteed a total of $11.5MM on the deal, tweets Jon Heyman of the New York Post. Kahnle was reported to be in “advanced” talks with multiple clubs earlier this morning, and Alex Speier of the Boston Globe tweets that the archrival Red Sox also made a two-year offer to the right-hander.

Tommy Kahnle

Kahnle, 33, returns to the same Yankees team that drafted him in 2010, lost him to the Rockies in the 2013 Rule 5 Draft, and eventually acquired him alongside David Robertson in a 2017 trade with the White Sox. Injuries, most notably 2020 Tommy John surgery, put an end to Kahnle’s time in the Bronx. He was waived at the end of the 2020 season, as he was arbitration-eligible that winter but expected to miss the entire 2021 season while rehabbing from that ligament replacement procedure.

The Dodgers subsequently inked Kahnle to a low-cost, two-year contract with an eye toward paying him to rehab in 2021 and enjoying a hopeful rebound campaign at a slightly higher rate in 2022. It didn’t work out quite as well as hoped, given that Kahnle was only able to return to the mound for 13 2/3 regular-season innings in 2022 — plus a pair of postseason frames in which he served up three runs.

Kahnle’s regular-season showing was plenty promising, however. He pitched to a sharp 2.84 ERA and fanned a gaudy 30.4% of his opponents against a strong 6.5% walk rate. Kahnle’s 95.6 mph average fastball was nowhere near its 98 mph peak, but the right-hander compensated by absolutely overloading on changeups; Kahnle threw his four-seamer at just a 23% clip against a mammoth 76.4% usage rate for his changeup.

The new-look pitch selection paid dividends in that small sample, resulting in a career-high 68% ground-ball rate and a massive 17.2% swinging-strike rate. Kahnle doesn’t boast the power sinker that the Yankees regularly tend to prefer — particularly among their relievers — but that enormous ground-ball rate certainly aligns with the Yankees’ recent penchant for loading up on relievers with considerable ground-ball rates.

At his best, Kahnle has been a high-quality setup option with a blazing fastball and swing-and-miss changeup that’s helped him neutralize lefties every bit as well as he’s handled righties. While that Tommy John surgery, a shoulder injury and a lengthy bout with forearm inflammation in 2022 have limited Kahnle’s time on the mound, he carries a solid 3.44 ERA over his past 188 1/3 big league innings, during which time he’s fanned nearly a third of his opponents.

Kahnle adds a big arm and another lofty ground-ball rate to a Yankees bullpen currently led by Clay Holmes, Jonathan Loaisiga, Wandy Peralta and Lou Trivino. New York has seen a significant portion of its bullpen — Aroldis Chapman, Zack Britton, Chad Green, Miguel Castro — reach free agency this winter, and they’re currently dealing with injuries to two of their top relievers. Deadline pickup Scott Effross is likely out for all of the 2023 season after undergoing Tommy John surgery in October, while righty Michael King is on the mend from an elbow fracture (though he could potentially be ready early next season).

Adding Kahnle’s two-year deal to the books bumps the Yankees to a projected $211MM payroll for the 2023 season and moves their luxury-tax payroll to a bit more than $227MM, per Roster Resource. That leaves the Yankees, who are still pursuing a reunion with Aaron Judge and expected to meet with Brandon Nimmo during this week’s Winter Meetings, less than $6MM from the first tier of luxury penalization. The Yankees went well over the tax line in 2022 and appear poised to do so again in 2023, with or without Judge.

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