Rangers Extend Manager Chris Woodward
The Rangers announced Friday that manager Chris Woodward has been extended through the 2023 season with a club option for the 2024 campaign. Woodward was previously under contract only through the 2022 campaign, which will be his fourth year managing the club.
“We’re excited to continue our partnership with Woody, and we are all committed to a shared vision for the direction of the ballclub,” president of baseball operations Jon Daniels said in a statement within today’s press release. “He has helped to lay the foundation of our culture here at the Rangers, and we feel confident in his leadership abilities moving forward.”
The Rangers have gone 160-224 under Woodward, although the team didn’t make much of an effort to contend this past season. Rather, the 2021 campaign was, by design, dedicated to paring back payroll and giving younger players the opportunity to cement themselves as future regulars. That didn’t work out in all cases, though Texas certainly has to be encouraged by strides seen from Adolis Garcia, Isiah Kiner-Falefa, Dane Dunning and Joe Barlow, among others.
The 2022 season will carry more of a win-now mindset, as the Rangers plan to be aggressive in their pursuit of free agents this winter with a nearly-blank payroll slate moving forward. It’s not realistic to forecast a return an immediate return to contention, regardless of who they sign off the open market, but with several other key prospects rising through the system (e.g. third baseman Josh Jung, right-hander Jack Leiter), the 2023 Rangers could have the makings of a competitive club.
Woodward’s extension is yet another reminder of the fact that managers are evaluated based off far more than wins and losses — and generally off a slate of factors that aren’t even visible to the public eye.
“After seeing Woody’s passion and consistency first-hand over the last year, extending our partnership is an easy decision,” general manager Chris Young said in his own statement today. “I look forward to continuing our shared commitment to improving the club.”
Mets Name Billy Eppler General Manager
Nov. 18: The Mets have announced the hiring of Eppler on a four-year deal, as expected.
Nov. 17: The agreement being finalized is a four-year contract, tweets MLB Network’s Jon Heyman. Newsday’s David Lennon tweets that the hiring will likely become official on Friday.
Nov. 15: After weeks of searching for a new baseball operations leader, the Mets are reportedly finalizing a contract and naming former Angels GM Billy Eppler their new general manager. Eppler’s hiring will give the Mets an experienced baseball operations leader to take over a department that has seen a staggering amount of turnover in the past year.
The Mets have effectively been without a general manager for more than a calendar year now, since incoming owner Steve Cohen dismissed former general manager Brodie Van Wagenen the day his sale of the team was finalized. New York sought to hire a high-profile executive to overtake the baseball operations department last year, but after struggling to obtain permission to interview several high-ranking officials with other clubs, Cohen and returning team president Sandy Alderson settled on naming D-backs assistant GM Jared Porter their new general manager.
The Porter hiring proved regrettable almost immediately, as he was fired just six weeks into his tenure following the revelation of repeated sexual harassment of a reporter years prior. Zack Scott, who’d been hired from the Red Sox as an assistant GM, was elevated to the title of “acting GM” and thought to be a candidate for permanent promotion to the GM post before he was arrested on a DWI charge over the summer. He’s since been cut from the organization himself.
Cohen and Alderson opened the 2021-22 offseason with a similar plan to last year, hoping to interview some of the biggest front-office names in the sport. A meeting between Theo Epstein and Cohen, however, ended with both sides reportedly agreeing there was not a fit. The Brewers denied permission to interview David Stearns for a second straight offseason, and longtime A’s baseball operations leader Billy Beane withdrew his name from the running before taking a meeting. Thus began a series of denials for the Mets — some when another team refused to grant permission to interview an executive and some when an executive with another club declined to interview at all.
After a dizzying sequence of candidates had come to light, the Mets turned to the agent world once again. Eppler, two months ago, had accepted a position with William Morris Endeavor — a well-known talent representation company in Hollywood that has recently branched out into baseball representation. Eppler was expected to help head up a fledgling baseball practice with WME, who a year ago landed star shortstop Carlos Correa as its highest-profile client. USA Today’s Bob Nightengale tweets that Eppler had inked a five-year deal with WME but will instead quickly return to the other side of the negotiation table.
Eppler is no stranger to New York City after a decade-long run in the Yankees’ front office prior to his run with the Halos. The now-46-year-old broke into baseball as a scout with the Rockies in the early 2000s before joining the Yankees in that same role. He was eventually named the Yankees’ director of scouting and, in 2011, promoted to the title of assistant general manager — a role he’d hold until being hired to lead the Angels’ baseball operations staff following the 2015 season.
The Angels opted to move on from Eppler last offseason despite a year remaining on his contract, as he’d not yet produced a postseason team during that time. Of course, Eppler also inherited a barren farm system a payroll outlook that was bogged down by an ownership-driven signing of Albert Pujols, and a team that was in the “penalty box” in terms of international signing capabilities for the first couple years of his tenure there.
To Eppler’s credit, the Angels wooed Shohei Ohtani under his watch and also worked out a record extension with center fielder Mike Trout, likely keeping him in Anaheim for the duration of his career. It was also under Eppler that the Angels extended Justin Upton on an ill-fated five-year contract and signed Anthony Rendon to a seven-year, $245MM that did nothing to address the team’s rotation deficiencies — although as Maria Torres of the L.A. Times explored at the time of that 2019 signing, owner Arte Moreno’s fixation on acquiring Rendon pre-dated Eppler’s hiring as general manager.
Free-agent spending was generally limited for Eppler — not surprising given the mammoth outlays on the books — and often resulted in a series of one-year deals for high-risk players. Signings of Matt Harvey, Julio Teheran, Tim Lincecum, Cody Allen and Trevor Cahill didn’t prove fruitful, nor was a three-year deal for infielder Zack Cozart, which was the only free-agent deal other than Rendon that was priced at even $20MM during Eppler’s tenure. In addition to the struggles in free agency, many of the Angels’ homegrown arms were regularly injured and/or wildly inconsistent.
Free agency is only one piece of the puzzle for any baseball ops leader, though, and it should be noted that Eppler has a pretty solid track record on the trade front. The Angels’ initial acquisition of Upton was shrewd, prior to that regrettable extension, and several other notable trades under his watch panned out quite well for the Angels. Andrelton Simmons, Patrick Sandoval, Max Stassi, Tommy La Stella, Felix Pena and Dylan Bundy (who was excellent for the Halos in 2020) were all acquired at generally minimal cost. Eppler had a knack for finding waiver gems, too, as evidenced by the team’s success with Hansel Robles, Brian Goodwin, Blake Parker and Noe Ramirez.
While it was a rather circuitous route to get here, the Mets’ ultimate GM hire in many ways resembles the candidates they began seeking out of the gate this offseason. Recent Mets targets have generally been the second or third in command of opposing teams’ baseball operations hierarchies, but Eppler is an experienced baseball ops leader who is familiar with big markets and comes with some name recognition. That falls more in line with the Mets’ early pursuits of Epstein, Stearns and Beane than with recent interest in a slew of assistant GMs.
Once Eppler is formally installed and announced as the new general manager, he could get the opportunity to operate with a bit more latitude than was afforded to him under the Halos and Moreno. His first order of business will be to name a manager to replace Luis Rojas, and MLB Network’s Jon Heyman suggests that former Angels skipper Brad Ausmus could be high on Eppler’s list. That wouldn’t come as much of a surprise given that Eppler hired Ausmus to lead his staff in Anaheim, but the Mets figure to embark on a full-fledged managerial search and interview a number of candidates before making any final decisions on that front.
SNY’s Andy Martino reported earlier today that Eppler had gained traction as a leading candidate in the Mets’ search. The Athletic’s Ken Rosenthal first reported that the Mets had made an offer to Eppler (Twitter link). Joel Sherman of the New York Post first reported that Eppler and Cohen had met face-to-face over the weekend and that a contract was in the works (Twitter links). MLB Network’s Jon Heyman added that talks were in the final stages.
Rob Manfred Discusses Possibility Of A Lockout
The current collective bargaining agreement expires in less than two weeks, with the possibility of an offseason freeze looming. If a new deal isn’t agreed upon when the current one wraps up at 11:59 pm EST on December 1, the general expectation within the industry is that owners will lock the players out — resulting in a ban on transactions until another agreement is reached.
MLB commissioner Rob Manfred addressed the state of the labor situation when speaking with reporters (including Evan Drellich of the Athletic and Jeff Passan of ESPN) this afternoon. The commissioner stopped short of calling a lockout an inevitability, but he certainly seemed to suggest that course of action was on the table. Manfred drew a distinction between the impact a winter transactions freeze would have on the sport versus that of a work stoppage that lingers into next season.
“I can’t believe there’s a single fan in the world who doesn’t understand that an offseason lockout that moves the process forward is different than a labor dispute that costs games,” he said. As to whether the sides still had hope of hammering out a new CBA before December 1, Manfred said the league was “committed to continuing to offer proposals and suggestions in an effort to get to an agreement before” that date, but acknowledged that “time is becoming an issue.”
Technically, the expiration of the CBA wouldn’t necessitate a lockout. As MLBTR’s Tim Dierkes explored in August, the sides continued to conduct offseason business during the last winters (1993-94 and 94-95) that proceeded without a CBA in place. The players went on strike when no agreement was reached during the 1994 season, and that year’s World Series was eventually cancelled.
Manfred implied the league wouldn’t want to run the risk of negotiating without an agreement this time around, pointing to the ’94 strike and trends in other professional sports leagues as justification. “I don’t think ’94 worked out too great for anybody,” Manfred said. “I think when you look at other sports, the pattern has become to control the timing of the labor dispute and try to minimize the prospect of actual disruption of the season. That’s what it’s about: It’s avoiding doing damage to the season.”
The commissioner’s comments come amidst a background of a very slow back-and-forth between the league and Players Association. The MLBPA has made two core economics proposals over the past six months; the league has made just one, although it made an alteration to its August offer last week. It doesn’t seem there’s been much progress on economics issues, with the MLBPA pursuing such goals as raised luxury tax thresholds and earlier arbitration eligibility. The league, meanwhile, has pushed for lowered luxury tax markers and an age-based system for free agency eligibility that could delay the path to the open market for the game’s brightest stars, among other things.
While much of Manfred’s focus was unsurprisingly on the core economic structure of the game, he also touched on a few other topics. The commissioner expressed optimism about the league’s ongoing testing of pre-tacked baseballs, suggesting they hoped to test the prototype in Spring Training 2022. Manfred didn’t rule out the possibility of using a pre-tacked ball in regular season games at some point next season. He also voiced support for the possibility of a pitch clock being implemented in upcoming CBA talks, saying that “owners remain very interested in” introducing a clock at the major league level after testing it in minor league games for years.
Manfred also addressed the respective stadium situations in Tampa Bay and Oakland. He again suggested Las Vegas could be a viable landing spot for the A’s if they’re unable to work out a deal in the Bay Area. Manfred confirmed that the Rays have made a proposal to the league’s executive committee regarding the franchise’s hopes for splitting home games between Tampa and Montreal. (John Romano of The Tampa Bay Times explored the issue at greater length earlier in the week). The executive committee has yet to weigh in on the topic, Manfred said this afternoon.
Finally, the league announced the previously-reported decision to provide housing for minor league players in 2022. Josh Norris of Baseball America shed some light on the details, reporting that teams will now be responsible for leases and utility agreements for players on minor league contracts who make less than $20K per month. Norris adds further details on the base amenities (including utilities, electricity and WiFi) that acceptable residences must include. His full piece is a worthwhile read for those interested in the specifics of the new policy.
Bryce Harper, Shohei Ohtani Win MVP Awards
Bryce Harper and Shohei Ohtani have been named the respective league Most Valuable Players, according to announcements from the Baseball Writers Association of America. It’s the second MVP of Harper’s career, while Ohtani’s a first-time winner.
Harper led all hitters (minimum 500 plate appearances) by measure of wRC+ this past season. His .309/.429/.615 line checked in 70 percentage points above the league average. The Phillies star ranked sixth in the National League with 35 home runs and paced the league with 42 doubles, leading to an NL-best slugging percentage. Harper also drew plenty of walks, as he does on an annual basis, leading to the second-highest on-base percentage in the Senior Circuit.
The six-time All-Star was especially great down the stretch. Over the season’s second half, Harper mashed at a .338/.476/.713 clip, helping him earn his second career Silver Slugger award as well. Harper didn’t rate particularly well defensively, but that sheer offensive excellence was enough to take the crown. This kind of season is no doubt what the Phils had in mind when signing him to a record-breaking $330MM free agent contract. He’ll remain in Philly through 2031, and the organization and fanbase can hope for a few more seasons of this ilk from the likely future Hall of Famer.
Harper appeared on all 30 ballots, garnering 17 first-place votes. That was enough to edge out the Nationals’ Juan Soto and the Padres’ Fernando Tatís Jr., the other two NL finalists. Soto picked up six first-place votes after posting a .313/.465/.534 line and pacing the league in on-base percentage. Tatís bopped a league-best 42 homers while playing a good chunk of the season at shortstop, a performance that earned him two first-place votes. Giants shortstop Brandon Crawford and Nationals/Dodgers infielder Trea Turner were the other players to receive first-place nods, enough to finish in fourth and fifth place, respectively.
Voting in the American League was far more resounding, as Ohtani claimed the award unanimously. It’s easy to understand why, as he’s coming off a season unlike any we’ve seen in recent memory. As a hitter, the 27-year-old mashed at a .257/.372/.592 clip. He popped 46 home runs, a mark that trailed only Vladimir Guerrero Jr. and Salvador Pérez in the AL. Only Guerrero had a higher slugging percentage (again minimum 500 PA), while Guerrero, Yuli Gurriel, Yoan Moncada and Aaron Judge were the group to top Ohtani in on-base percentage.
That work at the plate alone would have been enough to get Ohtani on MVP ballots, but his additional contributions on the mound made him an easy choice for voters. After injuries limited his pitching workload over his first two big league seasons, Ohtani stayed mostly healthy in 2021 and logged a career-best 130 1/3 frames. He pitched to a 3.18 ERA that was ninth-lowest among the 64 AL hurlers with 100+ innings. Ohtani’s 29.3% strikeout rate checked in sixth among that same group, while he placed fifth in strikeout/walk rate differential (21 percentage points) and sixth in SIERA (3.61). He’s controllable through 2023 via arbitration, although it stands to reason the Angels would love to work out an extension to keep the two-way star in the fold for the long-term.
While Ohtani’s historic showing took the suspense out of the result, that’s not to say there weren’t worthy challengers. Guerrero led the AL in both on-base and slugging en route to a second-place finish. 29 voters placed Guerrero second on their ballot, with the only other second-place nod going to Pérez. Guerrero’s teammate with the Blue Jays, Marcus Semien, easily finished in third place, followed by Judge and Carlos Correa.
Full balloting results available.
Images courtesy of USA TODAY Sports.
Rockies Sign Elias Diaz To Three-Year Extension
The Rockies are keeping their catcher around beyond next season, announcing a three-year extension with Elias Díaz. The deal buys out his final year of arbitration-eligibility and first two years of free agency. Díaz will reportedly be guaranteed $14.5MM over its entirety, with the specific salary breakdown yet to be reported.
It’s a nice birthday present for the MAS+ Agency client, who turned 31 yesterday. Díaz has spent the past two seasons in Denver, starting the majority of the team’s games behind the dish in 2021. He’s coming off a nice season, hitting .246/.310/.464 with 18 home runs across 371 plate appearances. Those bottom line results are inflated somewhat by playing his home games at Coors Field, but it’s decent production even after factoring in that favorable environment. By measure of wRC+ — which includes a park adjustment — Díaz’s hitting was about three percentage points better than that of the league average catcher.
That’s one of the better showings of his career. The right-handed hitting backstop entered the 2021 campaign with just a .248/.300/.355 mark across 888 plate appearances between the Pirates and Colorado. He made similar strides on the other side of the ball, rating as an above-average pitch framer (per Statcast) this past season for the first time in his five-year tenure. While he’s drawn mixed reviews as a receiver over the course of his career, he’s consistently done a strong job shutting down the running game. Díaz has cut down 30.4% of attempted base-stealers as a big leaguer, a mark that’s a few percentage points north of the league average in that time.
The Rockies clearly believe Díaz’s numbers this past season better reflect his true talent, and they’ll place a fairly modest bet he can continue to be a capable #1 catcher over the coming years. MLBTR contributor Matt Swartz had projected Díaz to land a 2022 salary in the $2.6MM range if he’d proceeded through arbitration. Essentially, the Rockies are tacking on around $12MM in additional money to buy themselves two more years of team control. That’s a bit below the $16MM the Braves guaranteed Travis d’Arnaud on a two-year extension in August (although d’Arnaud’s deal also contained a 2024 club option).
The Rox shouldn’t have much difficulty fitting Díaz’s deal on the books. Colorado entered today with a projected payroll in the $104MM range, in the estimation of Jason Martinez of Roster Resource. That’s right in line with their 2021 season-opening tally, but they only have around $56MM in guaranteed 2023 commitments at the moment, per Cot’s Baseball Contracts. With the Rockies planning to increase payroll over the coming two seasons, this extension shouldn’t serve as much of an impediment to future additions.
Mark Feinsand of MLB.com first reported the Rockies and Díaz had agreed on a three-year extension. Thomas Harding of MLB.com reported the $14.5MM guarantee.
Image courtesy of USA TODAY Sports.
Rays Have Reportedly Made Record Extension Offer To Wander Franco
Wander Franco‘s big league career spans just 70 games and 104 days, but Yancen Pujols of El Caribe, a news outlet in Franco’s native Dominican Republic, reports that the Rays have put forth what would be a record-setting contract offer to the 20-year-old shortstop (Twitter thread). Exact terms aren’t known, but Pujols indicates that the offer is at least ten years in length and would land somewhere in the $150-200MM range. That’d go well beyond the eight-year, $100MM contract Ronald Acuna Jr. signed in Atlanta — the current record for a player with under a year of Major League service time.
The Rays are among the many teams who regularly show interest in early-career extensions. That’s largely a necessity for them to retain homegrown stars, given the payroll restrictions ownership places on the front office. That said, while Tampa Bay has had some success in this regard in the past — Brandon Lowe, Evan Longoria, Matt Moore and Chris Archer all signed team-friendly extensions with under one year of MLB service time — the reported terms here would dwarf any contract ever handed out by the franchise, regardless of service time. (Longoria’s second extension — a six-year, $100MM pact — is the current franchise record.)
It’s easy to see why the Rays are so bullish on Franco’s long-term outlook. The consensus No. 1 prospect in all of baseball for two years prior to his debut, Franco burst onto the scene at 20 years of age and slashed .288/.347/.463 with seven home runs, 18 doubles, five triples and a pair of stolen bases through 308 plate appearances. In spite of that youth, Franco looked like he belonged almost immediately — at one point reaching base in 43 consecutive games. That mind-boggling stretch, which spanned from July 25 to Sept. 29, saw Franco post a combined .329/.398/.545 batting line with more walks (9.1%) than strikeouts (8.1%). Franco went on to finish third place in AL Rookie of the Year voting despite appearing in just 70 games.
The Rays waited until late June to call Franco to the big leagues, all but ensuring that he’d avoid Super Two status under the current iteration of the arbitration system (which could change, depending on ongoing labor negotiations). As things currently stand, Franco wouldn’t even be arbitration-eligible until after the 2024 season, and he wouldn’t reach the open market until the completion of the 2027 campaign. A contract of 10-plus years in length would buy out all of Franco’s arbitration seasons and lock in at least four would-be free-agent years — plus any additional option years that could potentially be tacked on.
On the one hand, it’ll be jarring for some to consider the possibility of guaranteeing such a weighty sum to a player with such minimal big league experience. On the other, fans need only look to San Diego to see what waiting until a couple years can do to the price tag on a player of this caliber. Fernando Tatis Jr., who also debuted at age 20 with similarly excellent results, didn’t sign an extension until he had two full years of service time in the books — at which point he secured a record 14-year, $340MM contract from the Friars. It’s hard to imagine the low-payroll Rays ever doling out a guarantee of the magnitude, so it’s understandable that they’d look to act earlier in Franco’s promising career.
Even if the two sides ultimately come to terms on something in this general neighborhood, Franco would figure to be years from seeing his salary spike. He’s currently set to make under $1MM in each of the next three seasons as a pre-arbitration player, and the contract structuring would likely reflect that reality — perhaps promising him a signing bonus and some low seven-figure salaries prior to his arb years before slowly ramping into the would-be free-agent portion of his deal. That would give the Rays cost certainty in the long-term while maintaining the type of early flexibility they still stand to enjoy from MLB’s present-day salary structure.
From Franco’s side of things, it’s a rather fascinating scenario to consider. It’s unfathomable for most of us to ever turn down an overture that would guarantee $150MM or more — particularly at such a young age. Then again, looking to the current free-agent climate in MLB, Franco can see both Carlos Correa and Corey Seager vying for contracts that guarantee them $300MM or more. Talk of a potential extension for 23-year-old Juan Soto, who has three-plus years of service, has elicited suggestions of $400MM or even $500MM.
Franco’s early debut puts him on that same type of earning trajectory — assuming he can indeed live up to the considerable hype surrounding him. He’d reach six full years of service time heading into his age-27 season, the same position in which Correa finds himself now (with nearly $27MM in career salaries already banked). Six years ago, talk of contracts in the $300-400MM range might have seemed far-fetched, but that’s no longer the case. In fact, six years ago, the largest contract ever given to a player with under a year of service time was Archer’s six-year, $25.5MM deal. Suffice it to say, what players consider attainable can change quite a bit in a span of six years.
Of course, forgoing an extension structure of this magnitude could prove overwhelmingly regrettable. Any player comes with the risk of major injury, and as touted as Franco was as a prospect, whether he’ll reach that sky-high ceiling remains to be seen. If he settles in as a quality regular but something less than a superstar, this type of offer may not present itself in future years. It’s also at least possible that current CBA talks impact his earning power for the worse; ownership has already proposed an age-based free agent threshold of 29.5 years (although that was an obvious nonstarter for the MLBPA due to exactly this type of player being harmed). If nothing else, it all makes for a fascinating thought exercise.
To be clear, there’s no indication an agreement is nigh. Quite the opposite, as Marc Topkin of the Tampa Bay Times tweets that nothing appears imminent at this time. Pujols, meanwhile, reports that Franco’s camp is currently studying the offer and is expected to make a counteroffer at some point.
Talk of any major contract issued by the Rays will inevitably lead to some cynical remarks about how soon the player can expect to be traded, and cliche as they may be, such jabs are also rooted in historic precedent. It’s commonplace for the Rays to trade stars away once these early-career extensions feel less like bargains (e.g. Blake Snell, Archer, Longoria), but it’s also important to note that the Rays do seem well-positioned to make such a proposal. Lowe’s contract is the only guaranteed money on the books beyond the 2022 season, and by the time the 2025 campaign rolls around, Tampa Bay doesn’t have a single guaranteed dollar on the ledger.
It could nevertheless be difficult for Tampa Bay to ever commit a hefty eight-figure salary to a player on an annual basis, but if there’s one player for whom the Rays would try to make such an arrangement work, it’s likely Franco.
Blue Jays Sign Jose Berrios To Seven-Year Extension
12:45pm: Sportsnet’s Shi Davidi reports that Berrios received a $5MM signing bonus and will be paid $10MM next season (Twitter link). He’ll then earn salaries of $15MM, in 2023, $17MM in 2024, $18MM in 2025-26, and $24MM in 2027-28.
That breakdown indicates Berrios’ opt-out decision will come with a total of $48MM remaining on the contract. However, Davidi adds that escalators based on Berrios’ 2025-26 stats could boost his 2027-28 salaries by $5MM apiece. If he triggers all the escalators, Berrios would decide between the remaining two years and $58MM or reentering the market in advance of his age-33 season.
7:30am: The Blue Jays’ first big move of the offseason is to lock up one of their own, as they announced Thursday that they’ve signed right-hander Jose Berrios to a seven-year extension that will reportedly guarantee him $131MM. Berrios is represented by Wasserman.
MLBTR contributor Matt Swartz had projected Berrios would earn just shy of $11MM for 2022 in his final trip through arbitration, meaning this extension effectively buys out six free agent years at $120MM, although the actual breakdown of the contract is not known at this point. Berrios will be able to opt out after the fifth year of the deal and has limited no-trade protection. There are also escalators in the deal that could increase the value of the contract by $10MM.
The 27-year-old Berrios was acquired from the Twins at July’s trade deadline and had been set to reach free agency after the 2022 season. Instead, the Blue Jays will keep him around for an extended stay, hoping that he anchors their rotation well into the future. This extension runs through 2028, which will be his age-34 season.
Prior to that trade, Berrios had spent his entire career in the Twins organization since they selected him in the supplemental first round of the draft in 2012, 32nd overall, out of Papa Juan High School in Bayamon, Puerto Rico. He had just turned 18 years old at the time. He quickly rose through the ranks of the minors, making his debut in April of 2016, a month before his 22nd birthday. Although he struggled in that first taste of MLB action, he broke out in a big way the following season. In 2017, he logged 145 2/3 innings with an ERA of 3.89 and has been remarkably reliable and consistent since then. He made 32 starts in each of 2018, 2019 and 2021, throwing at least 192 innings each year along with an ERA between 3.52 and 3.84. He also made 12 starts in the pandemic-shortened 2020 season, with his ERA at an even 4.00. In the five-year stretch from 2017 to 2021, he threw a total of 793 1/3 innings with an ERA of 3.74, strikeout rate of 24.4%, walk rate of 7% and groundball rate of 41.4%. His 15.4 fWAR in that time ranks 14th among all pitchers in baseball.
The Blue Jays clearly valued Berrios very highly based on the package they sent to the Twins, with both Austin Martin and Simeon Woods Richardson being highly-touted prospects. At the time of the trade, Martin was only one year removed from being the 5th overall selection in the 2020 draft and was considered to be one of the top-25 prospects in the game by each of FanGraphs, Baseball America and MLB.com. Woods Richardson was not on Baseball America’s list but was 49th at FanGraphs and 68th at MLB.com. It was believed by many that this was a steep price to pay for a year and a half of Berrios’s services, but the Blue Jays have doubled down on their belief in him by locking him up for at least four more years on top of that.
This now ranks as one of the largest extensions ever for a starting pitcher between five and six years’ service time, trailing only the $215MM garnered by Clayton Kershaw, the $175MM by Stephen Strasburg and $144MM for Cole Hamels. If Berrios pitches well over the next five years, he can opt out after the 2026 campaign, which will be his age-32 season. That could give him the opportunity to hit free agency and land another solid payday, after having already banked over $100MM in career earnings.
The Blue Jays had some long-term uncertainty in their rotation, with Berrios and Ross Stripling set to reach free agency after 2022 and Hyun-Jin Ryu after 2023, leaving youngsters like Alek Manoah and Nate Pearson as the only future options. Locking Berrios down through 2028 provides some much-needed stability as they look to complement that group this offseason.
The club’s 2022 payroll is currently sitting around $115MM, in the estimation of Jason Martinez of Roster Resource. Their opening day number in 2021 was $135MM, per Cot’s Baseball Contracts, giving them about $20MM of space to work with before they reach last year’s number. However, the club may also increase spending this year, which would give them even more ability to supplement the roster. It’s unknown exactly how high they anticipate the budget to go between now and the spring, but they have run payrolls over $160MM in years past.
The club has already been connected in rumors to Justin Verlander, Andrew Heaney and Eduardo Rodriguez, the latter having signed with the Tigers yesterday. Despite winning 91 games in 2021, the Jays somehow finished fourth place in the AL East, one game away from a Wild Card berth. With Robbie Ray, Steven Matz and Marcus Semien all now free agents, the club still has work to do in order to stay afloat in that cutthroat environment. Extending Berrios doesn’t necessarily improve the 2022 club on paper, but it should serve as a signal to other free agents that the team is committed to do what it takes to be competitive for the foreseeable future.
Hector Jose Torres Donato (Twitter link) was the first to report the news of the seven-year extension. Ben Nicholson-Smith of Sportsnet first had the $131 guarantee (Twitter link). Jeff Passan of ESPN first reported the opt-out and no-trade protection (Twitter link). Ken Rosenthal of The Athletic first mentioned escalators (Twitter link). Jon Heyman of MLB Network first reported the $10MM value of the escalators (Twitter link).
Image Courtesy of USA Today Sports.
Astros To Re-Sign Justin Verlander
The Astros have kicked off their offseason with a bold strike, agreeing to re-sign ace Justin Verlander. It’s reportedly a two-year, $50MM guarantee that contains even $25MM salaries over the next two seasons and allows Verlander to opt out after 2022.
The sides came to terms less than an hour after the ISE Baseball client had rejected the team’s one-year, $18.4MM qualifying offer. That proved to be a wise decision, as Verlander will handily top that salary next season and pick up some financial security in the form of his 2023 player option.
Verlander has only made one appearance in the past two years because of an elbow injury that required a September 2020 Tommy John surgery. When last we saw him at full strength, the 2011 AL MVP was as good as ever. He tossed 223 innings of 2.58 ERA ball in 2019, winning his second career Cy Young award and helping lead Houston to a pennant.
That kind of top-of-the-rotation production is nothing new for Verlander, an eight-time All-Star and future Hall of Famer. He’d posted a 2.52 ERA across 214 frames the year prior, and he has an incredible nine seasons of 200+ innings with an ERA below 3.50 on his resume. Simply put, few pitchers can match the combination of workload and productivity Verlander has put together year in and year out for the bulk of his career.
Of course, there’s real risk Verlander doesn’t regain his peak form coming off two lost seasons. He’ll turn 39 years old in February, so there’d be fairly significant downside even if he weren’t coming off a major arm procedure. The ceiling when investing in a player of this caliber is immense, though, a fact that’s reflected in the seemingly robust interest he generated during his brief stay on the open market. Not only were a few of the game’s top spenders rumored to be involved, Verlander’s deal fairly handily tops the two-year, $40MM figure MLBTR projected entering the offseason — particularly once one factors in the player-friendly opt-out provision.
The Astros determined that to be a risk worth taking, a justifiable stance given that they’re squarely amidst a win-now window. Even facing Verlander’s potential departure, starting pitching wasn’t exactly a need. Despite Verlander missing all of 2021, the Astros’ starting staff ranked fifth in ERA (3.60), albeit with middle-of-the-road strikeout and walk numbers. Zack Greinke looks likely to sign elsewhere this offseason, and the team could look into trades involving Jake Odorizzi. Even still, Houston would bring back Lance McCullers Jr., Framber Valdez, Luis García, José Urquidy and Cristian Javier — one of the stronger rotation cores around the league.
A healthy Verlander is the kind of player teams will find room for even in the absence of an ostensible positional need though. Not only should he help the team manage the workloads of the younger arms, the front office is no doubt envisioning the possibility of rolling him back out as a Game One playoff starter. They’re as familiar as anyone regarding Verlander’s recovery process, current form, and work habits. They clearly feel strongly about his ability to bounce back.
In doing so, the Astros will indirectly forfeit a draft pick. While they won’t be stripped of a pick for signing one of their incumbent free agents, they’ll lose the right to collect a compensatory pick in the 70-75 overall range — which they would’ve received had Verlander signed elsewhere after rejecting Houston’s qualifying offer. That’s a small price to pay, even for a team whose farm system has been hit hard by the punishment from the 2017 sign-stealing scandal, given their current competitive window.
The Astros would stand to add a compensation pick in the event Carlos Correa departs. Like Verlander, Correa also rejected a QO, and the star shortstop is in position for a mega-deal as the top player on the market. The Astros’ previous efforts to re-sign Correa haven’t come particularly close to getting anything done, and Verlander’s return would seem to make the chances of Correa coming back even more remote.
Houston’s 2022 commitments now sit around $162MM, in the estimation of Jason Martinez of Roster Resource. That’s after accounting for estimated salaries for arbitration-eligible players but before considering the possibility of a Correa contract. Signing Correa would no doubt push the 2022 tab well above this past season’s $188MM franchise-record player expenditure (via Cot’s Baseball Contracts). Houston was prepared to enter the 2020 season with a payroll above $200MM before the pandemic necessitated a shortened season with prorated salaries. If owner Jim Crane is willing to go to that level again, then there might be room in the budget for a more earnest Correa pursuit, but it remains to be seen if that kind of spending is on the table.
Regardless of where the Astros go from here, re-signing Verlander serves as a reminder that Correa’s free agency doesn’t mark the end of the club’s competitive window. In addition to a rotation that has as much upside as any in the league, the Astros will roll into 2022 with a lineup that includes Alex Bregman, José Altuve, Yordan Álvarez, Yuli Gurriel, Michael Brantley and Kyle Tucker. They’ll look to hold off the Mariners, Angels and Rangers — all of whom have already been or are expected to be very aggressive this offseason — at the top of the AL West. The A’s look likelier to go in the opposite direction, but Oakland’s current core has been strong enough to compete over the past couple seasons, and it remains to be seen whether they’ll tear the roster down to its studs. All in all, it should be one of the game’s more entertaining and competitive divisions in 2022.
The Verlander signing also paints a picture of what has been a strong rotation market in the early going. The Angels took a similar short-term, high-salary upside flier on Noah Syndergaard yesterday — one day after the Tigers went to five years with an opt-out to land Eduardo Rodríguez. Teams like the Angels, Braves, Blue Jays, Yankees, Red Sox and White Sox were all linked to Verlander in recent days, and it stands to reason those clubs remain motivated to add rotation upside via free agency or trade. Max Scherzer, Kevin Gausman, Robbie Ray, Marcus Stroman and Carlos Rodón are among the numerous starting pitchers still on the free agent market who have recently posted top-of-the-rotation type of production.
Ben Verlander of Fox Sports first reported Justin Verlander’s agreement with the Astros. Mark Berman of Fox 26 reported that Verlander’s 2022 salary would be $25MM and reported the presence of the 2023 player option. Jon Heyman of the MLB Network reported that the option was also valued at $25MM.
Image courtesy of USA Today Sports.
Robbie Ray, Corbin Burnes Win Cy Young Awards
The Baseball Writers Association of America revealed the results of Cy Young award balloting this evening. Robbie Ray of the Blue Jays (now a free agent) and Corbin Burnes of the Brewers were named the American League and National League winners, respectively.
Ray claimed the AL award in resounding fashion, an achievement made all the more remarkable by his 2020 struggles. The southpaw dealt with significant control problems during the shortened campaign, leading the D-Backs to trade him to Toronto for essentially no return. After the end of the year, the Jays jumped the market to bring Ray back, buying low on the talented hurler with a one-year, $8MM pact.
That move will go down as one of the best of general manager Ross Atkins’ tenure in Toronto. Not only did Ray get back to heights that saw him make an All-Star team and garner some Cy Young support in 2017, he posted the best showing of his eight-year career. Ray worked 193 1/3 innings of 2.84 ERA ball, striking out an elite 32.1% of batters faced. That swing-and-miss stuff was nothing new, but the 29-year-old also cut his walk rate by almost two thirds. Just one year after walking 17.9% of opponents, Ray doled out free passes at just a 6.9% clip in 2021.
64 American League pitchers tallied 100+ innings this past season. Among that group, Ray ranked 3rd in ERA, strikeout percentage, strikeout/walk rate differential (25.2 percentage points) and SIERA (3.22). He led all AL hurlers in both innings pitched and swinging strike rate (15.5%). That stellar showing earns Ray his first Cy Young award and positions him as one of the top pitchers on this offseason’s free agent market.
As mentioned, the voting tilted quite strongly in Ray’s favor. He appeared on all 30 ballots, receiving 29 first-place votes and one second-place tally. The Yankees’ Gerrit Cole (who received the lone first-place nod that didn’t go to Ray) was the clear second-place finisher, with Lance Lynn of the White Sox coming in third. Nathan Eovaldi, Carlos Rodón, Frankie Montas, Lance McCullers Jr., Liam Hendriks, José Berríos, Chris Bassitt, Lucas Giolito and Raisel Iglesias also received down ballot support.
Voting in the National League was far more contentious, with very little separation between Burnes and the Phillies’ Zack Wheeler at the top. Both players received twelve first-place votes and appeared on all 30 ballots in some capacity, but Burnes’ 14-9 edge in second-place finishes wound up making the difference. The other six first-place votes went to eventual third-place finisher Max Scherzer, who split the season between the Nationals and Dodgers.
To some extent, the battle between Burnes and Wheeler came down to weighing volume versus rate effectiveness. Wheeler tossed an MLB-best 213 1/3 innings, while Burnes worked 167 frames. That’s a rather significant nod in Wheeler’s favor, but Burnes’ per-inning accomplishments were incredible. The Milwaukee righty ranked second among the 62 NL hurlers with 100+ innings in ERA (2.43) while pacing the league in SIERA (2.61), strikeout percentage (35.6%), strikeout/walk rate differential (30.4 percentage points) and swinging strike rate (16.6%).
That’s not to imply Wheeler was ineffective. The Phils’ righty was among the top ten in the league in most rate categories as well. But voters ultimately gave an ever so slight edge to Burnes’ utter domination of opponents, even if that came with a lighter workload than the one Wheeler shouldered.
Like Ray, Burnes takes home his first Cy Young award. He’d finished sixth in last year’s balloting and now looks like one of the game’s top handful of hurlers moving forward. It wouldn’t be a surprise if the Brewers, who control Burnes via arbitration through the end of 2024, try to open extension talks with his representatives at CAA Sports over this offseason.
In addition to the three finalists, Walker Buehler, Brandon Woodruff, Kevin Gausman, Adam Wainwright, Julio Urías and Jacob deGrom picked up some down ballot support. Buehler was the only non-finalist to garner any second-place votes, with two runner-up nods.
See full balloting results.
Images courtesy of USA TODAY Sports.
Final Qualifying Offer Decisions
Giants first baseman Brandon Belt was the only one of the fourteen players tagged with the one-year, $18.4MM qualifying offer this offseason to accept the deal, reports Mark Feinsand of MLB.com (Twitter link). That means players like Justin Verlander, Freddie Freeman and Robbie Ray have all declined the offers, as had been anticipated.
Verlander was the only one of the aforementioned trio who ever looked like a realistic possibility to accept the QO, as he’s coming off a season lost to Tommy John surgery recovery and turns 39 years old in February. Astros owner Jim Crane told reporters last month that Verlander was looking for a contract “of some length,” though. He and his representatives found that multi-year pact on the open market, as Verlander quickly re-signed with Houston on a two-year guarantee with an opt-out possibility after 2022.
Freeman and Ray, meanwhile, made the very easy call to turn the QO. They’re among the top handful of players in this year’s class, with each likely to land a five or six-year deal that pushes well north of $100MM. There was no incentive for either player to entertain the possibility of taking a QO, since declining has no impact on their ability to continue to negotiate a longer-term arrangement with their incumbent clubs, as Verlander did with the Astros.
Here’s a full rundown of the players who rejected the qualifying offer (all other decisions had been previously reported):
- Nick Castellanos, Reds
- Michael Conforto, Mets
- Carlos Correa, Astros
- Freddie Freeman, Braves
- Raisel Iglesias, Angels
- Robbie Ray, Blue Jays
- Eduardo Rodríguez, Red Sox (later signed with Tigers)
- Corey Seager, Dodgers
- Marcus Semien, Blue Jays
- Trevor Story, Rockies
- Noah Syndergaard, Mets (later signed with Angels)
- Chris Taylor, Dodgers
- Justin Verlander, Astros (to re-sign with Astros)