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Did you know MLB Trade Rumors has a free newsletter?  It’s written by Cliff Corcoran, who has an extensive resume contributing to Sports Illustrated, The Athletic, Baseball Prospectus, and other outlets.  Cliff will take you through the hot stove highlights of the previous day, boiling down MLBTR’s posts into the essential stories.  It’s a great weekday morning read, perfect for keeping up with the hectic Winter Meetings.

 

This free newsletter arrives via email Monday through Friday in the morning.  Be sure to check your inbox and click the link in the confirmation email.  If you’re not seeing the box to input your email, you can simply click this link to sign up.

Dick Allen, Dave Parker Elected To Baseball Hall Of Fame

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Dick Allen and Dave Parker were elected to the Baseball Hall of Fame, as revealed by the Classic Baseball Era committee tonight.  Parker (14 votes) and Allen (13) each received more than the minimum 12 of 16 votes necessary for induction.  Tommy John was the next-closest candidate with seven votes, and Ken Boyer, John Donaldson, Steve Garvey, Vic Harris and Luis Tiant each received fewer than five votes.

Allen and Parker will be officially inducted to Cooperstown on July 27, along with any players inducted by the Baseball Writers’ Association of America.  The results of the writers’ ballot will be announced on January 21.

Known in the past as the “veterans committee,” the Era Committee is a rotating panel of former players, managers, executives, team owners, media members, and historians who meet annually to determine which (if any) candidates from the past deserve election to Cooperstown.  Candidates include former players who weren’t elected or considered on the normal BBWAA ballot, or non-playing personnel that aren’t part of the writers’ ballot.  This year’s ballot looked at candidates whose biggest contributions to the game came in the pre-1980 “Classic Baseball Era,” though obviously a few of the candidates also had significant moments in their careers after the 1980 season.

Today’s news is undoubtedly bittersweet for Allen’s family and supporters, as Allen passed away in 2020.  He twice fell just a single vote shy of induction in past appearances on Era Committee/Veterans Committee ballots, and Allen didn’t receive much attention on the writers’ ballots when he was eligible.  At long last, the slugger has now finally been recognized by Cooperstown for an outstanding 15-year career highlighted by the 1972 AL MVP Award.

Allen hit .292/.378/.534 with 351 homers and 1119 RBI over 7315 career plate appearances with the Phillies, Cardinals, Dodgers, White Sox, and Athletics from 1963-77.  He kicked his career off with a bang by winning NL Rookie of the Year honors in 1964, while also finishing seventh in MVP voting that same year.  Allen was a seven-time All-Star who twice led the American League in home runs, and had an outstanding 155 wRC+ for his career.

No discussion of Allen is complete without mention of his outspoken personality.  To his detractors, Allen was viewed as a disruptive malcontent who clashed with some fans, sportswriters, teammates, managers, and front offices, which was part of the reason Allen frequently changed teams despite his success on the field.  To his supporters, however, Allen was a no-nonsense figure who was more than willing to fight back against perceived injustice, especially when faced with racism as a black player in the 1960s and ’70s.  While Allen was often perceived as a bad influence during his career, many of Allen’s past teammates and managers have spoken out to counter that reputation, describing Allen in glowing terms as a clubhouse leader.

Parker also dealt with controversy during his career, as he battled a cocaine addiction in the 1980s.  This well-publicized issue may have been the reason Parker also garnered relatively little support on the BBWAA ballot, and knee problems also cut short his prime years.  Still, “the Cobra” at his peak was one of the best all-around players in baseball, with a resume that includes seven All-Star nods, two NL batting titles, three Gold Gloves, the 1978 NL MVP Award, and two World Series rings during his 19 Major League seasons.

Parker played his first 11 of those seasons in Pittsburgh, joining Willie Stargell as the heroes of that era of Pirates baseball, including a starring role on the 1979 “We Are Family” championship team.  Injuries and drug problems hampered the tail end of Parker’s time in Pittsburgh, but he rebounded with a four-year run with the Reds that saw him bank top-five finishes in MVP balloting in 1985 and 1986.  The Cobra then earned a bit more postseason glory on the Athletics’ pennant-winning teams in 1988 and 1989, capturing another ring with the latter A’s club.  Over 2466 games and 10184 PA, Parker hit .290/339/.471 with 339 home runs, 1493 RBI, and had a 120 wRC+ for his career.

This year’s 16-person Classic Baseball Era committee was comprised of HOF members Paul Molitor, Eddie Murray, Tony Perez, Lee Smith, Ozzie Smith, and Joe Torre; MLB owners and executives Sandy Alderson, Terry McGuirk, Dayton Moore, Arte Moreno and Brian Sabean; media members/historians Bob Elliott, Leslie Heaphy, Steve Hirdt, Dick Kaegel and Larry Lester.

Yankees, Mets Reportedly Increase Soto Bids Beyond $700MM

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After reports emerged last night that bidding for the services for free agent superstar Juan Soto could reach beyond the $700MM threshold, that possibility appears to have now come to pass. Jon Heyman of the New York Post reported this evening that both the Yankees and Mets have recently pushed their offers to the $710-730MM range as the slugger’s free agency nears its conclusion. Heyman suggests that while it’s “believed” that the Mets have placed the higher bid of the two New York clubs, the deals appear to be within the same range. He goes on to add that there’s been no indication of the Red Sox, Blue Jays, or Dodgers being eliminated from the Soto sweepstakes to this point despite the record-setting offers from both New York clubs.

The 26-year-old phenom has long been expected to easily beat the record for net present value Shohei Ohtani’s megadeal with the Dodgers set last winter, which is estimated to be in the range of $461MM after accounting for the pact’s heavy deferrals. That said, it’s still somewhat shocking that the bidding for Soto has soared high enough that beating the $700MM guarantee Ohtani received last winter before factoring in deferred money is on the table. It’s possible that Soto’s deal could include some deferred money of its own, of course, but even with that possibility in mind it seems increasingly likely that he’ll shatter not only expectations entering the offseason but all previous precedents for guaranteed and annual money for MLB contracts.

Soto is in position to shatter records for a reason, of course. The youngster is particularly attractive to clubs given the fact that he’s marketing his age-26 season in free agency this winter. That extreme youth is uncommon in free agency, especially for top talent, and it allowed right-hander Yoshinobu Yamamoto to secure a record-breaking deal for starting pitchers last winter despite having never thrown a single pitch in MLB. By contrast, Soto is a four-time All Star and two-time MVP finalist who has never been less than 43% better than league average at the plate by measure of wRC+ during his career to this point. Soto’s combination of youth and track record hasn’t been seen in the majors since Alex Rodriguez’s free agency more than two decades ago, and in that time teams have only grown to value youth even more highly.

Per Heyman’s report, all five known finalists for Soto’s services remain in the mix to land the superstar, who is generally expected to make his decision within the next day or two. Heyman suggests that the Yankees, Mets, Red Sox, Dodgers, and Blue Jays have all offered Soto at least $600MM, with the Dodgers’ offer coming in as the lowest of the five by a substantial amount. Beyond that, though, Heyman notes that the other four clubs have made offers that are “believed” to be relatively close to each other, and it’s unclear which of those four clubs has made the highest bid to this point. What’s more, Heyman suggests that Soto won’t necessarily choose the highest bidder, though it’s unclear what might motivate Soto to take a lesser offer. The Mets and Yankees have generally been viewed as the favorites to land Soto by the industry throughout his free agency, but whether that perception aligns with his actual preferences remains a mystery. The Red Sox, for their part, reportedly pushed for an additional meeting with Soto’s camp earlier this week, though it’s unclear if that request was or will be granted before the star makes his decision.

Roki Sasaki Expected To Be Posted During Winter Meetings

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Roki Sasaki’s official arrival into the free agent market will likely take place during baseball’s Winter Meetings, as ESPN’s Jeff Passan reports that the star right-hander is expected to be posted by the Chiba Lotte Marines on Tuesday.  Once posted, Major League teams have 45 days to negotiate with Sasaki, and he’ll return to the Marines for the 2025 Nippon Professional Baseball season if no deal is reached.

It is seen as a virtual lock that Sasaki will be coming to MLB, given how the 23-year-old is so eager to pitch in the big leagues that he is leaving a fortune on the table by coming to North America so early in his career.  Since Sasaki is an international free agent who is less than 25 years old, he can only be signed using funds from a team’s international bonus pool.

The timing of the posting is noteworthy, as Sasaki’s 45-day negotiating window will stretch beyond January 15 and the opening of the 2025 international signing period.  Since the 2024 period ends on December 15 and teams have already basically spent everything in their budgets, it was widely expected that Sasaki will wait until after January 15 to sign so he could land at least a little more money.  Unofficially, teams have had deals in place with international prospects for years in advance of the 2025 int’l window, yet if necessary, it is expected that some teams will walk away from these under-the-table deals if it means giving their entire 2025 bonus pool over to Sasaki.

However, as Sasaki’s early foray to the big leagues indicates, money is far from his chief motivator.  Pitching in Major League Baseball will help Sasaki on the endorsement front, of course, but the circumstances of his arrival creates one of the more interesting free agent cases in recent years — arguably the most interesting since Shohei Ohtani’s arrival in the 2017-18 offseason, as Ohtani also came to the majors in advance of his age-23 season.

Though the financial playing field is fairly level for all 30 teams to make a play for Sasaki’s services, the big-spending Dodgers have long been seen a favorite to sign the right-hander, to the point that agent Joel Wolfe vehemently denied rumors that Sasaki and the Dodgers had already worked out some kind of unofficial agreement.  There’s obvious appeal for Sasaki in joining a championship team that already has such Japanese stars as Ohtani and Yoshinobu Yamamoto on the roster, though it isn’t known what exactly Sasaki is looking for in a Major League destination (geographic preferences, teams with a pre-existing link to Japanese baseball, smaller or larger markets, etc.).  As such, it is easy to imagine Sasaki ending up with the Padres, Mets, Giants, Cubs, or any of the several other teams already known to have some interest in his services.

The Marines’ own financial return from Sasaki’s posting will be limited, as per the terms of the MLB/NPB posting system.  In addition to paying Sasaki, a Major League team will have to pay the Marines an extra fee based on the amount of Sasaki’s contract — 20% of a deal’s first $25MM, 17.5% of the next $25MM, and 15% of further spending.  Since Sasaki’s deal is naturally limited by the size of bonus pools, the Marines stand to gain less than $2MM for one of Japan’s top pitchers.

Over 394 2/3 career innings with the Marines, Sasaki has a 2.10 ERA, 32.73% strikeout rate, and 5.7% walk rate.  His devastating splitter and high-90s (topping 100mph in past seasons) have left NPB batters fooled, most memorably during a perfect game in 2022 that saw Sasaki record 13 straight strikeouts and 19 strikeouts overall.  Sasaki then gained worldwide attention by almost throwing another perfect game in his next start, as he tossed eight perfect innings before being removed due to concerns over his pitch count (102 pitches).

The relative lack of mileage on Sasaki’s arm is both a boon for MLB teams eager to land such a talented pitcher at such a young age, and a bit of a concern about a possible lack of durability.  Sasaki’s 129 1/3 innings in 2022 remains his career high, and his 2024 season was limited to 111 innings due to a torn oblique and some type of injury to his right arm.  That said, these factors have done nothing to limit the hype on Sasaki, and his arrival in Major League Baseball lines up as one of the key stories of the offseason.

Guardians To Re-Sign Shane Bieber

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Right-hander Shane Bieber is coming back to the Guardians. He and the club have reportedly agreed to a deal with a $10MM salary in 2025, with a $16MM player option for 2026 that comes with a $4MM buyout. That makes it a $26MM guarantee over two years but Bieber can potentially return to free agency after banking $14MM in year one. He reportedly turned down more money with other clubs in order to return to Cleveland. The righty is represented by Rosenhaus Sports Representation.

Bieber, 30 in May, returns to the only organization he’s ever known. The contract is a reflection of his current status, as he underwent Tommy John surgery in April, meaning he will miss at least part of the upcoming season. This deal affords him the chance to return to the mound in 2025 and establish his health. If his performance can return anywhere near his previously elite levels, he can decide to return to the open market. Though if he hits any kind of setback or doesn’t quite bounce back immediately, he can bank the extra $12MM and stick around another year.

Whether he can indeed get back in form is the big question. Bieber’s ceiling is well established, as he won the American League Cy Young award in 2020. He dominated the shortened season, making 12 starts that year with a 1.63 earned run average. He struck out 41.1% of batters faced, walked 7.1% of opponents and got grounders at a 48.4% rate.

But things have mostly gone downhill since then, even before the surgery. In 2021, his numbers dipped, which wasn’t exactly unexpected as maintaining his 2020 stats over a full season would have been almost impossible. His 3.17 ERA and 33.1% strikeout rate were both off of his previous season but still strong numbers. He missed about three months due to a right shoulder subscapularis strain.

In 2022, he stayed healthy enough to make 31 starts and log 200 innings with a 2.88 ERA, but with more concerning signs elsewhere. He averaged just 91.3 miles per hour on his fastball that year, after mostly being in the 93-94 range in prior years. His strikeout rate also dipped to 25%, still a bit above league average but a drop for him personally. In 2023, he missed time due to right elbow inflammation, which seems in hindsight like a precursor to his surgery. He did make 21 starts on the year but with a 3.80 ERA, 20.1% strikeout rate and similar velocity to the year prior.

Going into 2024, his name was in plenty of trade rumors. The Guardians often trade players as their salary grows and they get closer to free agency, doing so with players like Francisco Lindor, Carlos Carrasco and Corey Kluber somewhat recently. In hindsight, perhaps the Guards should have pulled the trigger on a deal, but maybe they didn’t receive substantial offers on the heels of all the red flags in 2022 and 2023.

For a brief moment, hanging onto Bieber seemed like a brilliant move. He made two starts at the beginning of 2024, tossing six shutout innings in each of them and recording 20 strikeouts in those 12 innings. His velocity came back slightly, with his fastball averaging 92.3 mph in his first start of the year. But it dipped to 91.6 mph in the second start and the news of his surgery dropped before he could make a third.

Now he’ll be looking to come back from the lengthy Tommy John recovery process, as well as the concerning seasons that preceded the operation. It’s now been a long time since Bieber had his best stuff over a full season, arguably since 2019. The shortened 2020 season was obviously outside of his control but all but one season since then has seen him miss significant time. In the one season where he stayed on the mound, his stuff was clearly diminished.

All that makes this an interesting gamble for the Guardians, as this is a fairly notable expenditure for them. They don’t generally spend much in free agency, particularly on the pitching side. As shown in MLBTR’s Contract Tracker, in the last 15 years, this is the first time they’ve given a pitcher more than $7MM. That’s partially a testament to their ability to develop their own pitching but they’ve also only given four position players a larger guarantee than this in that time.

Per RosterResource, the Guards are now projected for a payroll of $107MM next year, already more than what they spent in 2024. They could perhaps drop that by trading someone like Josh Naylor or Lane Thomas but this Bieber deal is a decent chunk of the budget either way.

It’s a risky proposition for those parameters. Given that recovery from Tommy John surgery normally takes 14 months or longer, the Guards might only get half a season or so from Bieber in 2025. If he hits a setback of any kind, it could be less than that. Even if he is back on a big league mound by June, it’s no guarantee that he’ll be in good form.

The upside play is that Bieber comes back to something resembling an ace. The Guards install him into their second half rotation and then, ideally, as a key piece of their postseason rotation. At that point, he would decline his player option and they could issue him a qualifying offer, which will probably be in the $22MM range. Assuming he declines that and goes out looking for a major deal, they would recoup draft pick compensation.

On the other end of the spectrum are the scenarios where Bieber isn’t quite fully healthy or simply isn’t as good as he was before, in which case he sticks around for another year at an even higher salary than in 2025.

It’s a risk the Guardians are willing to take, which is perhaps due to the respect that the organization has for him, but it’s also perhaps a reflection of the current rotation situation. The Guardians managed to win the Central in 2024, but the Bieber-less rotation was the weakest part of the roster. They struggled to find viable solutions there for much of the year, finding success on the backs of a decent offense and elite bullpen.

Pitchers like Carlos Carrasco, Triston McKenzie, Gavin Williams and Logan Allen either struggled or were injured or both. Tanner Bibee was the club’s only starter who has consistently healthy and performing well all year long. Matthew Boyd was an excellent midseason addition, coming in after recovering from his own Tommy John surgery, but he became a free agent at season’s end and has a deal in place with the Cubs.

Next year’s Opening Day rotation for Cleveland currently consists of Bibee and many question marks. Guys like Williams, McKenzie and Allen are still in the mix but coming off those aforementioned difficulties. Journeyman Ben Lively is on the roster, as are fairly unproven guys like Joey Cantillo and Doug Nikhazy. The Guards probably have more to do in upgrading that group but they will hope that Bieber can charge in like a proverbial white knight at some point in the middle of 2025 to save the day.

The aforementioned Boyd gives a rough template of what Bieber and the Guards will be hoping for next year. Boyd posted a 2.72 ERA in eight starts down the stretch and then had three more good outings in the postseason. That was enough to get him a two-year, $29MM deal, but Bieber has a path to earning far more than that. Boyd is going into his age-34 season whereas Bieber will be going into his age-31 campaign in 2026. Boyd’s injury track record is also more extensive than Bieber’s and Bieber has the more impressive early career numbers.

As such, with a strong finish in 2025, Bieber could position himself to earn far more than Boyd just did, joining 2025-26 free agent starters such as Dylan Cease,  Zach Eflin, Zac Gallen, Michael King, Seth Lugo, and Framber Valdez. Though that’s just one of many potential scenarios in front of him and the Guardians in the year to come.

Buster Olney of ESPN (X link) first reported that the two sides were in agreement. Robert Murray of FanSided (X link) first relayed that it was a one-year deal plus a player option. Jeff Passan of ESPN (X link) first had the dollar figures. Jon Heyman of The New York Post (X link) first relayed that Bieber had larger offers elsewhere.

Soto Bidding Could Approach $700MM

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As the Juan Soto decision nears, the expected contract seemingly continues to climb. Jon Heyman of the New York Post writes that the price could push to $700MM. Heyman suggests that the Mets, Yankees, Red Sox and Blue Jays may all be near that mark. The Dodgers are also a finalist, but various reports have put them as the least likely of the quintet to land him.

On Tuesday, The Athletic reported that multiple teams had made offers at or above $600MM. Agent Scott Boras said at the time that Soto had begun to narrow the field, though he didn’t specify a timetable for his decision. Most reports indicate he’s likely to sign by the end of next week’s Winter Meetings, perhaps as soon as this weekend.

According to Heyman, teams have continued to adjust their offers in recent days. Alex Speier of the Boston Globe reported last night that the Red Sox were hoping for a final meeting with Soto’s camp to get the outfielder to name the specific price at which he’d put pen to paper. It’s not clear if Soto would grant any team that sit-down.

Shohei Ohtani’s deal was initially reported as a 10-year, $700MM contract. The extreme nature of the deferrals in the Ohtani deal, which were reported a few days after he announced he was signing with the Dodgers, dramatically reduced the net present value. MLB valued the contract around $461MM for luxury tax purposes. That’s still an all-time record. Soto was unquestionably going to beat $461MM and widely expected to go well beyond $500MM. (MLBTR predicted a 13-year, $600MM contract at the beginning of the offseason.) Getting to $700MM without deferrals would shatter prior contractual precedents.

Ohtani’s $46.06MM annual salary — again adjusting for deferrals — is the record for average annual value. Bryce Harper’s 13-year contract is the longest free agent deal in history. Soto would likely need to break both records to get to $700MM — potentially on a 14-year deal at $50MM annually. It shouldn’t be much longer before we learn if the market will go to those heights.

John Mozeliak Discusses Cardinals’ Offseason Plans

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Getting a clear picture of the Cardinals’ plans for 2025 has been a bit of a moving target. Multiple reports over the past months indicated the club was looking at a sort of reset year, lowering the payroll as they pivot towards a focus on player development. As such, it seemed fair to expect that a number of veteran players on the roster would be available in trade. In recent weeks, that expectation has been softened, something that president of baseball operations John Mozeliak discussed with Katie Woo of The Athletic this week.

“We have every intention of fielding a good baseball team,” Mozeliak said. “It’s going to have a different profile, but we still have a lot of belief that some of our younger players will take that next step forward. We’re excited about what we have. Now, it is Dec. 5, and things can happen and things can change. But we’re still going into (next season) with optimism that it’ll be a fun baseball team to watch.”

It seems the plan is to walk a bit of a fine line. The Cards are definitely planning to take their foot of the gas pedal a bit, though maybe not to the degree that was initially expected. All signs point to the club spending a bit less on the 2025 roster, but they might just do that by being less aggressive. RosterResource already projects the club about $35MM below last year’s payroll, so the Cards could just avoid signings as opposed to actively looking to move players with notable contracts.

As of a few weeks ago, it seemed fair to expect players like Nolan Arenado, Willson Contreras, Sonny Gray, Ryan Helsley and others would be available. Helsley is an excellent reliever but is one year away from free agency, making it logical for them to explore trades. The other three are in their mid-30s and making eight-figure salaries. They all have no-trade protection but it was assumed by some that they would prefer to be traded to a competitor, rather than sticking out a rebuilding process.

But it was reported last month that Contreras actually wanted to stay in St. Louis and didn’t want to waive his no-trade clause. Since one of the goals of the 2025 season is for the club to evaluate players including catchers Iván Herrera and Pedro Pagés, Contreras will be moved to first base to replace free agent Paul Goldschmidt. Though the reporting was a bit less explicit with Gray, it seems he also had a desire to stay with the Cards next year.

Recent reporting has also suggested that they will hold onto Helsley. They could eventually trade him at the deadline but there is some risk there. Helsley could get hurt or put up less impressive numbers in the first half of 2025. Holding onto him now also prevents the acquiring team from making a qualifying offer after 2025, potentially reducing his trade value.

All in all, it seems the plan is to do something in between rebuilding and full-throated contending. The Cards are going to give playing time to some less proven players and hope for some internal developments. Woo lists Nolan Gorman, Jordan Walker, Lars Nootbaar, Alec Burleson, Pagés and Herrera as players who should get long auditions in 2025. That’s notable for Gorman as he seemed to fall out of favor this past year, getting optioned to the minors with Mozeliak seemingly delivering a harsh assessment of his situation at that time.

“Obviously, it’s a game of production up here and at some point, you’ve got to consistently produce, or we have to find someone who can,” Mozeliak said in August. “I mean, that’s what it ultimately comes down to, and these are hard messages to hear. It can be frustrating, but this is what ends up defining you. With our offensive struggles this year, I think you can strictly look at the inability for consistent performance, day in and day out.”

It seems much has changed since that comment, as Mozeliak now tells Woo that they’re hoping for Gorman to get 600 at-bats next year. He seemed to break out in 2023 with 27 home runs and a strong 11.4% walk rate, working around a high strikeout rate of 31.9%. But his walk rate fell to 8.5% in 2024 as his strikeout rate climbed even higher to 37.6%, leading to his aforementioned optioning to the minors.

The Cards have a few of these talented but unproven players and it seems the plan is to give them a chance to step forward. Walker also had a strong 2023 but fell off in 2024. Burleson had a nice breakout in 2024 that he’ll try to maintain. Nootbaar has been limited by injuries and still hasn’t played 120 games in a season. Pagés and Herrera have been stuck in backup duty behind Contreras.

The overarching plan then is to proverbially throw these players into the deep end and see how well they swim. The Cards believe that, with some success from that group and others, they could potentially compete in 2025. That mentality is leading them to hold onto players like Helsley for now and see how things go. Depending on how the players and the team perform in the first half of 2025 could then determine next steps.

The big remaining unknown seems to be Arenado, who seems to be more open to waiving his no-trade clause than Contreras or Gray, but he hasn’t demanded a trade and the Cardinals don’t seem hellbent on moving him. Whether he returns to St. Louis in 2025 could perhaps depend on what kind of offers are put on the table for him. On top of that, players like Erick Fedde, Steven Matz and Miles Mikolas are impending free agents. The club may be open to trading them depending on the offers, but like Helsley, they could also be retained as the club tries to see if contending in 2025 is possible.

Cubs Reportedly “Determined” To Trade Seiya Suzuki Or Cody Bellinger

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The Cubs are “determined” to trade one of first baseman/outfielder Cody Bellinger or outfielder Seiya Suzuki, reports Joel Sherman of The New York Post, with the idea of then redirecting their cost savings to upgrade other parts of the roster. Per Bruce Levine of 670 The Score, the Cubs have some interest in catchers Carson Kelly and Danny Jansen as well as relievers Andrew Chafin and Kirby Yates.

The Cubs have been seen as a logical candidate to move an outfielder due to having a fairly crowded mix on the grass. Pete Crow-Armstrong seemingly established himself as a viable glove-first center fielder this year, with the potential for huge value if his offense takes a step forward. For the corner spots, the Cubs have Bellinger, Suzuki and Ian Happ. Bellinger can also play some first base but Michael Busch took that position and ran with it this year.

There are also some other options lurking just below those established big leaguers. Alexander Canario has just 45 major league plate appearances but he has always hit well in Triple-A and is now out of options. Kevin Alcántara and Owen Caissie are both on the 40-man roster and consensus top 100 prospects in the league. Alcántara made a brief MLB debut in 2024 while Caissie spent the whole season in Triple-A and played well, so both are arguably ready for some proper big league playing time. Even with the designated hitter spot open, that’s more guys than the Cubs have spots.

But untangling the knot comes with complications. The prospects and Crow-Armstrong are cheap and controllable, so the the Cubs probably view them as part of the long-term solution, especially since the Happ/Bellinger/Suzuki trio are all slated for free agency after 2026, with Bellinger able to opt out of his deal after 2025. But Happ and Suzuki have no-trade clauses, making it difficult to move them.

Bellinger is also difficult to trade on account of that opt-out. For the Cubs or an acquiring club, the best case scenario is that he plays well in 2025 and leaves, but even that wouldn’t be cheap. He’s going to make $27.5MM in 2025 and then gets to choose between a $5MM buyout and $25MM salary in 2026. That means that even a one-and-done from Bellinger in 2025 will cost $32.5MM. Teams may have some willingness to take a chance on Bellinger bouncing back from a middling 2024 campaign, but the downside is that he doesn’t quite get back into form and sticks around for 2026. In that scenario, the acquiring team would be on the hook for $52.5MM over two years for a struggling player.

At this point, it’s anyone’s guess which version of Bellinger is going to show up next year, given his up-and-down career. He won an MVP award earlier in his career but then suffered through a few miserable seasons, perhaps struggling to get healthy after a notable shoulder surgery. He bounced back with the Cubs in 2023, hitting 26 home runs, slashing .307/.356/.525 and stealing 20 bases. FanGraphs credited him with 4.4 wins above replacement in 130 games. He played the same number of games in 2024 but with his fWAR cut in half to 2.2. His home run tally dropped to 18, he stole nine bases and he played less time in center field as Crow-Armstrong took over that spot.

Lining up with another club on a trade could be difficult, but it’s still a possibility. At the start of the offseason, we put Bellinger on our list of likely trade candidates, though with a spot near the bottom as a reflection of the complications. It was reported this week that the Yankees, Mariners and Astros have checked in about him.

With Suzuki, this is the first suggestion that he is available, and he will surely draw interest. In his 381 major league games thus far, he has hit 55 home runs and drawn walks at a 10.2% clip. His .278/.354/.470 batting line translates to a 129 wRC+ and he has seemingly been getting better over time. His home run total has gone from 14 to 20 and then 21 in his three seasons, with his walk rate climbing year-over-year from 9.4% to 10.1% and then 10.8%. As such, his wRC+ has gone from 118 in his rookie season to 128 and then 138.

Suzuki isn’t considered a strong defender, with the advanced metrics mixed on exactly where to rank him. He has -5 Outs Above Average to this point but Defensive Runs Saved has him at league average overall, and with apparent improvements. He had -4 DRS in his rookie season and then +2 in each of the subsequent campaigns to get back to par overall.

Regardless, the bat should make him appealing and his contract isn’t onerous. He is going to make $18MM in each of the next two years, his age-30 and -31 campaigns, for a total guarantee of $36MM. Comparable free agents are likely to earn far more than that on the open market. MLBTR predicted that Anthony Santander could secure a contract of $80MM over four years, with guys like Teoscar Hernández, Jurickson Profar and Tyler O’Neill projected for the $40-60MM range.

As mentioned, Suzuki has a full no-trade clause. That naturally complicates the possibility of a trade, as the Cubs would be limited in their discussions to whatever clubs Suzuki would be willing to join and it’s unknown what his preferences are or might be. The Cubs will presumably have discussions with Suzuki and various suitors to see what possibilities exist for them. If a deal can come together, it would open up some playing time for their prospects while freeing up some cash for other pursuits.

It doesn’t appear the budget is especially tight right now. RosterResource has the Cubs projected for a $185MM payroll, well below last year’s Opening Day mark of $214MM, per Cot’s Baseball Contracts. Perhaps the Cubs are planning to keep spending a bit tight this offseason, as many predicted them to pursue a notable rotation upgrade such as Corbin Burnes or Max Fried. But they recently agreed to a two-year, $29MM deal with Matthew Boyd, a notable expense but far less than what Burnes or Fried are expected to earn.

The club is known to be looking for help behind the plate and Kelly and Jansen are two of the better names available in free agency. Kelly has generally paired some solid defense with passable offense in his career. Though his bat has gone up and down a bit, he has a .224/.307/.373 batting line in his career for a wRC+ of 85. Jansen, on the other hand, had a long stretch as a great hitter but is coming into free agency on a down note. He hit .237/.317/.487 for a wRC+ of 121 from 2021 to 2023 and got out to a roaring start in 2024 as well but then slashed .158/.274/.243 for a wRC+ of 53 after the month of May.

MLBTR predicted a two-year, $20MM guarantee for Jansen as part of our Top 50 free agents list, with Kelly in the honorable mention section. Either should easily fit into Chicago’s budget with or without an outfield trade.

Chafin and Yates both align with the Cubs and their aversion to notable deals for relievers, as shown in MLBTR’s Contract Tracker. Since Jed Hoyer took over as president of baseball operations, the club has never given a multi-year deal to a free agent reliever. Last year’s $9MM one-year deal for Héctor Neris was the first time Hoyer went beyond $5MM for a bullpen signing.

Yates just wrapped up a tremendous season, tossing 61 2/3 innings with a 1.17 earned run average and 35.9% strikeout rate. But since he’s turning 38 years old in March and has a notable injury history, he will likely be limited to a one-year deal. MLBTR’s $14MM projection would be new territory for Hoyer, though only slightly. Chafin has been a solid bullpen lefty for over a decade, with a 3.42 ERA in 601 appearances. His last two trips to free agency have resulted in one-year deals of $6.3MM and then $4.8MM.

Cardinals Appear Unlikely To Trade Ryan Helsley

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With the Cardinals viewing next season as an opportunity to transition to a younger core, various St. Louis players jumped out as logical trade candidates. Ryan Helsley was chief among them, as the hard-throwing righty is one year from free agency. Helsley is one of the best relievers in baseball and would surely get a lot of attention on the trade market.

Nevertheless, Ken Rosenthal of the Athletic reports that teams in contact with the Cardinals expect St. Louis to hold their closer into next season. President of baseball operations John Mozeliak supported that notion. “(A trade is) something we will always remain open-minded to, but our plan is to have him be part of our organization,” Mozeliak told Rosenthal. That aligns with reporting from Derrick Goold of the St. Louis Post-Dispatch, who wrote last month that the Cards were inclined to keep Helsley unless blown away by the offers.

That stops a little short of taking him off the market entirely. It’s not quite as definitive a declaration as, say, A’s GM David Forst flatly stating they were going to keep designated hitter Brent Rooker last month. Still, it’s notable that the team’s front office leader went on record to downplay the possibility of a trade.

Helsley has had a dominant three-year run at the back of the bullpen. He broke out with a 1.25 earned run average across 64 2/3 innings in 2022. A forearm strain wiped out a few months of his ’23 campaign, but he posted a 2.45 ERA through 36 2/3 frames when able to take the mound. Helsley’s arm held up over a completely healthy season this year. He fired a career-best 66 1/3 innings with a 2.04 mark over 65 appearances.

After beginning his career in a setup role, Helsley proved himself an elite closer this past season. He led the majors with 49 saves while surrendering only four leads. He paced the National League with 62 games finished. Helsley punched out nearly 30% of opposing hitters against a tolerable 8.6% walk rate. Going back to the start of the ’22 season, he carries a 1.83 ERA with a huge 34.6% strikeout percentage through 167 2/3 innings.

That level of production behind a triple-digit fastball and wipeout slider would’ve made Helsley arguably the best reliever on the trade market. (One can debate whether he’s better than Milwaukee closer Devin Williams, who could be dealt before his final season of team control.) MLBTR contributor Matt Swartz projects Helsley for a $6.9MM salary during his final trip through the arbitration process. That’s well below market price for a lockdown closer.

Carrying Helsley into next season would be a frankly puzzling decision. The Cardinals surely feel they’d get a ton of interest at next summer’s deadline, though there’s always the possibility of an early-season injury tanking his trade value. An offseason trade would also keep open the chance for an acquiring team to recoup draft compensation if Helsley walks in free agency. Teams can only make a qualifying offer to players they’ve had on the roster for the whole season. A team that acquires Helsley before Opening Day could make him a QO next winter; one that lands him at the deadline could not.

Qualifying offers for relievers are rare but not unheard of. Raisel Iglesias and Josh Hader declined QOs before their trips to free agency. Edwin Díaz would’ve received a QO had he not re-signed just before hitting the market. A typical Helsley season could put him in that tier. There’s enough volatility with relievers that he certainly wouldn’t be a lock for the QO, but that possibility could hold some value to other teams now and would not exist over the summer.

The Cardinals themselves could make Helsley a qualifying offer if they don’t trade him at all. Speculation about a full teardown has quieted in recent weeks. Willson Contreras and Sonny Gray, both of whom have no-trade clauses, are unlikely to be dealt after expressing their preference to stick around. The Cards are expected to entertain trade possibilities on Nolan Arenado. Beyond that, they could run things back with most of last year’s roster. Paul Goldschmidt, Kyle Gibson, Andrew Kittredge and Lance Lynn were their free agents of note.

Perhaps the Cardinals feel they can hang in the NL Central mix if they get a few internal improvements. There’s still a decent amount of talent on a roster that finished above .500 at 83-79 this year. Winning the division would be a long shot unless they’re active in free agency, but they seem to be willing to at least see how things play out in the season’s first couple months.

Red Sox Hoping For Additional Meeting With Soto

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By this time next week, there’s a good chance Juan Soto will have picked his destination. As the star outfielder weighs multiple offers at or above $600MM, the top of the market waits.

At least one team is hoping for another sit-down with Soto and agent Scott Boras. Alex Speier of the Boston Globe reports that Red Sox’s brass has expressed interest in another meeting at which Soto’s camp would name the price necessary to get a deal done. That’s an effort to avoid being unknowingly outbid at the end.

It seems the Sox are worried about the Mets in particular. Speier writes that Sox’s brass has heard rumors that Mets’ owner Steve Cohen has promised Boras that he’d beat the best offer made by any other team by $50MM. To be clear, Speier is not reporting on the veracity of that rumor itself. Speier is neither confirming nor denying that Cohen made such offer. The Globe’s report only mentions that the Sox are concerned enough that the rumor might be true that they’re hopeful of getting Soto and Boras to name a specific price.

It’s not clear if Boras and Soto have any interest in doing so. There’s value for Soto in playing teams’ uncertainties against each other. Relaying the specifics of every offer to each team in the race would eventually result in a highest bidder, but it’d also limit the possibility that one club goes well beyond whatever is on the table from the others.

There have seemingly been five legitimate suitors for Soto: the Mets, Yankees, Blue Jays, Red Sox and Dodgers. Various reports have cast the Dodgers as a long shot. The general view is that Los Angeles entered the mix mostly to gauge whether Soto’s market might not materialize quite the way he’d envisioned. With multiple teams putting $600MM+ offers out there, that hasn’t been the case. MLB.com’s Mark Feinsand wrote last night that the Dodgers were unlikely to land him.

Speier confirms that the Red Sox recently upped their offer to $600MM. The Athletic reported on Tuesday that every team that still had a chance at Soto had hit or topped that mark. (That’s not necessarily a declaration that all five teams mentioned above had offered $600MM+, as it’s possible he has privately narrowed the field to exclude one or more of them.) Most observers still expect it to come down to one of the New York franchises, though the Sox and Jays have seemingly made full-fledged pushes to get themselves in the conversation.

One big spender that made little effort on Soto: the Phillies. Matt Gelb of the Athletic reports that Philadelphia brass never met with his camp. While the Phils haven’t shied away from big-ticket free agent pursuits, it seems they never believed they had a realistic chance to land Soto. Philadelphia owner John Middleton said a month ago that he felt they’d merely be used to drive up the bidding for Soto to sign with one of the New York teams (link via Scott Lauber of the Philadelphia Inquirer). Whether or not that would’ve been the case, Gelb writes that the Phillies felt it best to prioritize other avenues they found more realistic.

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