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Details On Max Fried Bidding

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1:30pm: A’s general manager David Forst denies that the club made a push for Fried, per Martín Gallegos of MLB.com (X link)

11:55am: One of the top free agents came off the board this week when the Yankees and Max Fried agreed to a stunning eight-year, $218MM deal. Clubs like the Blue Jays and Red Sox were also known to be in the involved but Bob Nightengale of USA Today (X link) reports that the Athletics were “one of the most aggressive teams” in the bidding.

Many fans might roll their eyes at the idea of the A’s getting anywhere near a free agent of this caliber, which would be an understandable position to take. As of a couple of weeks ago, they had never given a free agent more than the $36MM they gave to Yoenis Céspedes back in 2012. They recently broke that record by giving Luis Severino $67MM, a huge jump for them but still relatively modest by league-wide standards and well below the deal that Fried got.

But the A’s have to spend some money somewhere. It was reported this week that the club may need to get its competitive balance tax number up to the $105MM range in order to avoid a grievance from the MLBPA.

That perhaps explains all the recent smoke about an upcoming payroll bump. MLBTR took a detailed look at the A’s last month, in a reporting that references reporting going back to January which hinted at a potential for greater spending. Since then, the A’s have ramped things up with the aforementioned Severino signing. They also reportedly made a strong offer to Sean Manaea, who remains unsigned.

It’s not surprising that they couldn’t get something done with Fried, as the pitching market has been hot. Fried and several other pitchers have exceeded the expectations from the start of the offseason. MLBTR predicted him for six years and $156MM but he blew past that, with guys like Severino, Frankie Montas, Matthew Boyd and other hurlers also outpacing their projections.

It’s generally expected that the A’s will have to overpay to reel in any free agent. Given that the club has been rebuilding for many years and is going to be playing the next three years in a Triple-A park in West Sacramento, no free agents will have them as a first choice. Some guys will simply go where the money is best but some may need a premium before considering the unique circumstances of joining the A’s. That may have been the case with Severino, who was predicted to earn $51MM but got far more than that.

Even if the A’s were theoretically willing to marginally top the Yankees’ offer, Fried may not have taken their money. Still, it suggests that they are still a club to watch in the remainder of the offseason. RosterResource their CBT number is currently at $78MM, so they are still well south of their reported $105MM target. That means they could factor into remaining free agents such as Manaea, Jeff Hoffman, Nick Pivetta or others. Even after adding Severino, the rotation stands out as the best way to upgrade the team while also getting their spending up, with their interest in Fried and Manaea reflecting that.

What also may be notable is that the club doesn’t seem to worried about players who rejected qualifying offers. The A’s already forfeited their third-highest pick in the upcoming draft by signing Severino since he rejected a QO from the Mets. Fried and Manaea also rejected QOs, so the interest from the A’s there suggests they may be willing to forfeit another pick.

Another route could be to acquire a player making a notable salary in trade. For instance, the Yankees now have a surplus in their rotation after signing Fried and might look to move the remainder of Marcus Stroman’s contract. He will make $18MM in 2025 and there’s an $18MM player option for 2026 if he throws 140 innings next year. Stroman arguably doesn’t have a great path to a rotation job in the Bronx but could serve as a solid veteran for the A’s.

Elsewhere in the Fried bidding, Rob Bradford of WEEI reports that the Red Sox’ offer was “significantly” lower than the Yankees. Joel Sherman of The New York Post reports that the Sox were at $190MM over seven years and may have been able to go higher, though with deferrals. Sherman adds that the Rangers were also at $190MM over seven years, though the lack of a state tax in Texas actually made that fairly comparable to the eight years and $210MM the Yankees were offering, forcing them to go higher and symbolically top the $217MM that David Price got from the Red Sox back in 2015.

It’s perhaps not surprising that the Sox fell short given how high the number ended up going, but it does highlight the fact that they haven’t been able to achieve their main offseason goal of upgrading the rotation. They also had interest in pitchers like Blake Snell and Nathan Eovaldi, who have gone elsewhere. Trade talks with the White Sox about Garrett Crochet have apparently stalled. Righty Corbin Burnes is still out there but it’s been reported that they are less likely to win that bidding than the Blue Jays or Giants.

Athletics Sign Luis Severino

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TODAY: Jon Heyman of the New York Post (via Bluesky) has the breakdown of Severino’s contract.  The $10MM signing bonus is broken up at $5MM next month and $5MM in January 2026.  The righty will earn $15MM this season and $20MM in 2026, so his player option for the 2027 season is worth $22MM.  Severino will also get a $500K assignment bonus in the event of a trade.

DECEMBER 6: The A’s are ready to spend some cash, announcing Friday that they’ve signed free agent righty Luis Severino to a three-year deal — the third year of which is a player option. Severino, a client of Klutch Sports, will reportedly be guaranteed $67MM, to be paid out in the form of a $10MM signing bonus and $57MM in salary over the three seasons. He can opt out of the contract after year two and become a free agent once again in the 2026-27 offseason.

It’ll register as a shock for many to see the nomadic A’s, who will play next year in West Sacramento’s Sutter Health Park (home to the Giants’ Triple-A affiliate), land a notable free agent with a hefty multi-year deal. They’re in the process of relocating to Las Vegas and have been aggressively pursuing free agents in an effort to boost a payroll that entered the offseason without a single contract on the books in 2025. Some free agents — Walker Buehler among them — have entirely dismissed the notion of playing in a minor league facility. Still, with a reported target payroll in the $100MM range, there’s long been a possibility for the A’s to be a surprise player in free agency. MLBTR’s Darragh McDonald explored just such a possibility at length last month.

The general thinking has been that the A’s will need to overpay in order to pursue top-end free agents this winter. The terms of Severino’s contract indeed suggest a clear willingness to spend well beyond market expectations in order to lure free agents to their new home. Severino’s deal includes both a larger guarantee than most anticipated and an opt-out opportunity. Because he rejected a qualifying offer from the Mets, Severino will cost the A’s their third-highest pick in next year’s draft. He’ll also net the Mets a compensatory pick, albeit only between the fourth and fifth rounds because of their status as a luxury tax payor.

The $100MM target payroll likely stems from the Athletics’ status as a revenue-sharing recipient. The franchise was stripped of its revenue-sharing benefits last decade after failing to sufficiently utilize those funds to improve the on-field product, as is a stipulated requirement. The 2022-26 collective bargaining agreement restored the A’s as a revenue-sharing recipient, and they’ve since spent modestly in free agency to keep payroll at least in step with the other lowest-spending clubs in the league. The deal with Severino signals a willingness to spend a bit beyond that point. It is, incredibly, the largest contract in franchise history, nominally surpassing the six-year, $66MM contract extension signed by third baseman Eric Chavez more than two decades ago.

[Related: The Largest Contract In Franchise History For Each MLB Team]

Severino, 31, will immediately jump to the top of the A’s rotation. He’s likely ticketed for their Opening Day start, barring another notable acquisition via free agency or trade. He’ll lead a staff that currently projects to also include JP Sears, Mitch Spence and Joey Estes. The A’s have a variety of in-house candidates for the fifth spot, though the Severino deal rather obviously opens the door for GM David Forst to sign/trade for another starter of note to further solidify the bunch.

Severino, of course, looked the part of a budding ace for the Yankees in 2017-18 when he posted 384 2/3 innings with a 3.18 ERA, 28.8% strikeout rate, 6.2% walk rate and 45.8% grounder rate in his age-23 and age-24 seasons. The flamethrowing righty averaged better than 97 mph on his heater, recorded a hefty 12.7% swinging-strike rate and generally had the makings of a star. The Yankees agreed, signing him to a four-year, $40MM extension with an option for a fifth season.

That deal bought out all of Severino’s arbitration years and his first free-agent season. At the time, some thought a pitcher with his upside and demonstrated excellence to date was perhaps selling himself short. In the long run, it worked out wonderfully, as injuries frequently kept Severino off the field and rendered him a shell of his former self when healthy enough to take the mound. From 2019-23, Severino managed only 209 1/3 innings in the majors, dealing with multiple lat strains and requiring Tommy John surgery along the way. His 2023 campaign included 89 1/3 frames with a 6.65 ERA.

The 2024 season marked a resurgence for Severino, who inked a one-year, $13MM deal with the Mets on the heels of that injury-plagued finish to his Yankees tenure. The right-hander’s 182 innings nearly matched his total over the five prior calendar years. He logged a 3.91 ERA with a below-average but passable 21.2% strikeout rate and a strong 7.6% walk rate. His 46% ground-ball rate, while not elite, was comfortably north of league average.

At the same time, Severino simply wasn’t the dominant force he was earlier in his career. His average fastball with the Mets was about 1.5 mph off from its peak levels. His 9.4% swinging-strike rate was decidedly below-average — a near mirror-image of his 9.1% mark in that disastrous 2023 season and nowhere close to his career-best 13.3% rate. Opponents made contact on just 81.9% of Severino’s pitches within the strike zone in 2017-18 — league-average was 84.7% — but did so at a whopping 88.2% clip in 2024 (when the league average was 85.2%).

When the Mets signed Severino to his one-year deal, it had the makings of an upside play on a former front-of-the-rotation arm. Last year’s rebound showed that he was healthy but also seemed to further support the notion that his prior ace-caliber form is in the rearview mirror. Severino now has the feel of a third or fourth starter, making his $22.333MM annual salary and an opt-out rather jarring.

Many pundits thought Severino could have — and should have — accepted the Mets’ $21.05MM qualifying offer; he and his agents deserve credit for not simply eclipsing that guarantee in notable fashion but surpassing that number on an annual basis over a lengthy deal that affords him another bite at free agency in the 2026-27 offseason. The contract tops recent guarantees for Chris Bassitt, who was seen as a steady and dependable No. 2-3 arm, and Yusei Kikuchi, whose torrid finish with the Astros made him one of the most sought-after pitchers on this offseason’s market. Both pitchers signed for $63MM over the same three-year term.

For the A’s, a commitment this weighty was likely deemed a necessity to land a mid-rotation arm whose velocity and ground-ball tendencies perhaps create some hope that he can still eke out some incremental improvements over his 2024 form. That said, there’s quite a bit of injury risk still associated with Severino, and fielding-independent metrics like FIP (4.21) and SIERA (4.22) were actually more bearish on his 2024 performance than his already solid-but-unspectacular earned run average. There’s little doubt he improves the club and shows that the A’s are serious about spending this winter, but it’s a steep price to pay when taken in totality.

Severino will nevertheless add some credibility to a rotation that was largely lacking it. And the A’s, with a burgeoning core of quality players — Brent Rooker, Mason Miller, JJ Bleday, Lawrence Butler, Shea Langeliers — could hope that a few subsequent additions and strides from young talents like Jacob Wilson, Tyler Soderstrom and Zack Gelof might help them exceed expectations sooner than most thought possible.

ESPN’s Jeff Passan first reported that the two sides agreed to a three-year, $67MM deal. Yahoo’s Russell Dorsey reported the signing bonus. Passan added details on the opt-out.

Athletics Risk MLBPA Grievance Without Further Payroll Increases

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As they look to ramp up payroll ahead of their impending move to Las Vegas, the Athletics inked right-hander Luis Severino to the largest deal in franchise history last week as they look to capture the attention of a new city during their temporary move to West Sacramento. With that being said, a report from Evan Drellich and Ken Rosenthal of The Athletic on Monday emphasized that getting fans into seats in 2025 isn’t the only motivation behind the club’s decision to increase spending. The duo reports that without a substantial increase to the club’s payroll this winter, the A’s run the risk of inviting a grievance from the MLB Players Association.

That risk of a grievance is due to the fact that A’s will collect 100% of their revenue-sharing dollars in 2025 for the first time under the current collective bargaining agreement. While the team received just 25% of their allotment in 2022, that figured increased to 50% in 2023 and 75% in 2024 before finally reaching 100% in 2025. The issue for the A’s stems from the fact that the CBA requires revenue sharing recipients to spend more than 150% of their revenue sharing money on MLB payroll.

Drellich and Rosenthal go on to report that A’s could receive $70MM or more in revenue sharing after drawing the worst attendance figures in baseball last year, which would mean the club needs to reach a player payroll of $105MM or more for luxury tax purposes in 2025 in order to avoid risking a grievance. RosterResource currently projects the club for a luxury tax payroll of just under $78.5MM for 2025, meaning they would need to add roughly $26.5MM in player payroll to avoid falling below that 150% figure. It’s worth noting that these numbers are inexact, as well, and if the A’s receive a larger revenue sharing check than currently expected they may wind up needing to float a luxury tax payroll of more than $105MM in order to avoid a grievance.

For a club that has struggled to lure in free agents this winter due to the fact that they’ll spend the next three seasons using a Triple-A stadium as their home ballpark, reaching that level of spending could be complicated. A separate report from Rosenthal suggests that the A’s have interest in adding another free agent starting pitcher alongside Severino, though he adds that such a signing would likely be a veteran pitcher from a lower tier of free agency. Rosenthal specifically name-checks Kyle Gibson, Lance Lynn, and Andrew Heaney as potential options the A’s could consider if any of them were willing to pitch in West Sacramento next season.

Of the three, Heaney was predicted to land the largest contract on MLBTR’s annual Top 50 MLB Free Agents list with a two-year, $24MM pact. That $12MM AAV would bump the club’s luxury tax payroll up to $90.5MM, putting them just $15MM away from reaching their estimated $105MM target. The tough sell of pitching in West Sacramento and the projection-beating deals signed by other pitchers this winter could leave the A’s in a position where they’d need to offer more than that $12MM annual figure in order to land a veteran hurler, but they’d surely still need to find other ways to add salary in order to reach $105MM even if they signed a veteran starter to a deal that significantly outpaced projections.

Free agency isn’t the only avenue for adding talent (and payroll), of course. The trade market is one avenue for adding MLB talent that the club has been candid about exploring this winter. Cubs outfielder Cody Bellinger and Diamondbacks southpaw Jordan Montgomery are two high-priced players known to be available in the rumor mill who the club could swing deals for if they want to immediately put themselves in position to avoid a grievance in one fell swoop, but there’s a large swath of other players expected to be available this winter who could add to the club’s payroll in a less drastic fashion. Rays first baseman Yandy Diaz, Cubs second baseman Nico Hoerner, and Cardinals southpaw Steven Matz are among a handful of possible trade candidates who will make $10MM or more in 2025.

Another route the A’s could take to raise the luxury tax payroll that wouldn’t require convincing a free agent to sign or swinging a trade with another club would be signing a player already in the organization to an extension. Reporting over the weekend indicated that the Athletics have interest in negotiating an extension with breakout slugger Brent Rooker. MLBTR contributor Matt Swartz projects Rooker to earn $5.1MM in his first trip through arbitration this winter, and any extension that would guarantee Rooker an AAV higher than that $5.1MM figure would increase the club’s luxury tax payroll. As MLBTR’s Mark Polishuk noted over the weekend, it’s possible that even if the A’s and Rooker aren’t interested in agreeing on a long-term deal that buys out some of Rooker’s free agent years, an extension that covers his arbitration years could offer certainty to both sides. Such an extension would come with an additional boon for the A’s in light of their current predicament by surely raising the AAV on Rooker’s 2025 contract, though no realistic extension could be expected to raise the club’s tax payroll by the $26.5MM needed to avoid risking a grievance by itself.

Merv Rettenmund Passes Away

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Former big leaguer and longtime batting coach Merv Rettenmund passed away on Saturday at age 81.  Rettenmund played 13 seasons with the Orioles, Reds, Padres, and Angels from 1968-1980, then was a hitting coach for five different teams over parts of 19 seasons from 1983 to 2007.

Rettenmund was a two-sport star in his college days at Ball State, and was even a 19th-round pick for the Dallas Cowboys in the 1965 NFL Draft.  Already signed to the Orioles, Rettenmund went on to make his big league debut in 1968 and soon established himself as a regular on an outstanding Baltimore team.  Rettenmund hit .284/.383/.436 in 2021 plate appearances during his six seasons with the O’s, bouncing between all three outfield positions.

This stretch of Rettenmund’s career was highlighted by a World Series title with the Orioles in 1970, and he moved on to win another ring with the 1975 Reds.  Though Rettenmund’s production dropped off during his two years in Cincinnati, a backup role on one of the greatest teams in baseball history was no small feat.  He served mostly as a platoon player and pinch-hitter for the remainder of his career, and finished with a .271/.381/.406 slash line and 66 home runs across 3074 PA and 1023 games in the majors.

After retirement, Rettenmund moved into a lengthy second chapter of his baseball life by becoming a well-respected hitting coach.  Rettenmund spent parts of 11 seasons as the Padres’ hitting coach over two different stints (1991-99, and 2006-07) in San Diego, and his coaching duties also included stops with the Rangers, Athletics, Braves, and Tigers.  Three of Rettenmund’s teams won pennants, including the 1989 A’s team that won the World Series.

We at MLB Trade Rumors send our condolences to Rettenmund’s family, friends, and peers.

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.

Athletics Interested In Contract Extension With Brent Rooker

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The A’s shocked by the baseball world by signing Luis Severino to a three-year, $67MM contract, as few expected the team to make a franchise-record signing in advance of their planned three-year stop in West Sacramento before moving into their new ballpark in Las Vegas.  The next step could be locking up a star player on an extension, as manager Mark Kotsay told reporters (including MLB.com’s Martin Gallegos) that the team was “hopeful to get something done with” Brent Rooker.  Such a move would “continue showing a different direction for this organization in terms of making commitments to players,” Kotsay said.

While signing younger or less-established players to extensions is common practice for all teams no matter their payroll size, the tactic naturally has greater import for lower-spending teams.  Gaining cost certainty on a player through their arbitration years or gaining control over a free-agent year or two can prove to be a huge bargain for clubs that aren’t comfortable in spending big to retain those players in free agency, or to bring new high-priced talent in as replacements.

Even with this in mind, the Athletics have rarely looked to extend players, as Khris Davis’ two-year, $33.5MM deal from April 2019 is (remarkably) the only extension signed by an A’s player within the last decade.  Using MLBTR’s Contract Tracker to go back even further, the A’s have signed only nine extensions since October 2007.  Of those nine players, Sean Doolittle, Trevor Cahill, Brett Anderson, and Kurt Suzuki the only players to sign deals longer than two years.

Rooker is already under team control through the 2027 season, and is projected to earn $5.1MM in his first trip through the arbitration process.  The 30-year-old has more than earned that healthy salary, as Rooker has been nothing short of outstanding since coming to the then-Oakland A’s on a waiver claim from the Royals in November 2022.  While Rooker’s potential was hinted by his status as the 35th overall pick of the 2017 draft, he’d hit only .200/.289/.379 over 270 plate appearances with the Twins, Padres, and Royals over the 2020-22 seasons.

The breakout started in 2023 when Rooker hit .246/.329/.488 with 30 homers in 526 PA, and he kept on climbing with 39 home runs and a .293/.365/.562 slash line over 614 PA this past season.  Only six players in baseball had a higher wRC+ than Rooker’s 164 total, as the ex-waiver pickup unexpectedly blossomed into one of the best hitters in the game.

Since the Athletics were thought to be rebuilding, there have been plenty of trade rumors swirling around Rooker, with the logic being that the A’s would look to capitalize on this found-money acquisition by selling high.  However, GM David Forst firmly stated last month that the A’s were “going to keep” the slugger, and an extension would further cement Rooker’s place as a building block for the organization.

Though the Athletics lost 93 games in 2024, they seem emboldened by their 33-32 record over their final 65 games, and might be looking to take a step forward towards contention as soon as next year.  Even if Severino’s contract was partially inspired by the Athletics’ desire to retain their revenue-sharing status, the uncharacteristically big splash indicates that the A’s are getting more serious in their plans to play competitive baseball.

It isn’t necessarily a given that the A’s are looking for a very long commitment to Rooker, as an extension could potentially just cover his arb years.  Locking in three years of salary now might help the Athletics save a bit of money in the future if Rooker keeps upping his price tag with his elite numbers.  From Rooker’s perspective, he might prefer to keep betting on himself, or he might welcome the chance to cash in on his breakout with some life-changing financial security.

Latest On Athletics’ Las Vegas Ballpark Plans

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TODAY: The LVSA board approved the three agreements, Akers writes.  With this hurdle jumped, the Athletics now meet with Clark County officials to hammer out “a separate ballpark development agreement” and other issues before construction can begin.  “We’re at the early stages with Clark County, but we’ve had several meetings and those have been really constructive.  Clark County has been really receptive to wanting to work with us and meet the timelines that are necessary for us to open in April of ’28,” Dean said.

DECEMBER 1: The Las Vegas Stadium Authority Board is set to meet on Thursday, and several important elements of the Athletics’ plans to build a new ballpark in Vegas for the 2028 season will be addressed at the sessions.  Mick Akers of the Las Vegas Review-Journal (two links) has the details of the ballpark-related matters on the agenda, including letters regarding the financing of the project — the four letters are from the A’s themselves, owner John Fisher regarding his family’s investment, U.S. Bank regarding the Fisher family’s finances and ability to meet their agreements, plus a letter from both U.S. Bank and Goldman Sachs in regards to their $300MM loan to the A’s to help fund construction of the new stadium.

Perhaps the biggest takeaway is that the price tag of the project is going up, from $1.5 billion to $1.75 billion.  The increase wasn’t a surprise, and A’s executive Sandy Dean says the extra money is necessary “is due to combination of adding a variety of features to the ballpark along with general increases in construction costs.”  The new features include  upgrades to the suites and general admissions areas, an audio and visual system that can make the venue capable of hosting concerts, and the unique element of seat-cooling system.

The costing breakdown will see up to $380MM covered by Clark County and the state of Nevada, $300MM covered by the U.S. Bank/Goldman Sachs loan, and the rest (including the additional $250MM in new costs) will be paid for by the Fisher family and the Athletics.  The Fishers’ stake could be reduced if minority owners are found, as those new partners would take on part of the construction costs in exchange for a small share in the franchise.  Akers notes that the A’s will be responsible for any further increases in the project’s budget, and Dean said that the Athletics’ outline still accounts for spending only $350MM of the $380MM committed by civic officials.

Three key agreements will be decided at Thursday’s meeting, covering the matters of not just the ballpark’s construction, but also such elements as the length of the first lease (initially set for 30 years) and what would happen if the Athletics tried to leave down by those 30 years were up.  These particular elements make this meeting “the most important to date” in the Athletics’ quest to get the project officially underway, Akers writes.

If all goes to plan, construction will officially begin this spring, with an eye towards the ballpark being ready for Opening Day 2028.  In the interim, the A’s will be playing at Sutter Health Park in West Sacramento for the 2025-27 seasons.

A’s Also Made Offer To Sean Manaea

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The Athletics’ three-year, $67MM contract with Luis Severino stunned many baseball fans. As shown in MLBTR’s Contract Tracker, the West Sacramento-bound club hadn’t spent more than $15MM on a free agent since signing Ryan Madson to a three-year, $22MM deal nearly a decade ago. The $67MM guarantee stands as the largest in franchise history, surpassing Eric Chavez’s 20-year record by $1MM. The A’s had signaled that they might be willing to spend in free agency or via trade — MLBTR’s Darragh McDonald explored the possibilities at length last month — and there were multiple reports that the A’s were aiming for a $100MM payroll. Many still took an “I’ll believe it when I see it approach.”

We’ve now seen it — or at least the early stages of it. It might still feel unusual to say the A’s agreed to sign a player for $22MM+ annual value, but that’s the reality. There are also some indications that the on-the-move A’s could continue to spend. For instance, Jon Heyman of the New York Post reports that the A’s also made a “big” offer to free agent southpaw Sean Manaea, who made his MLB debut with the Athletics after coming over from the Royals in the 2015 Ben Zobrist trade.

That offer came prior to their deal with Severino, Heyman notes. It’s not expressly clear that the A’s would be willing to put forth another competitive offer for an upper-tier free agent like Manaea, but the Severino deal and talk of a $100MM payroll target suggests it’s certainly possible. Even with Severino in the fold, RosterResource projects a modest $58MM payroll. There’s room for another weighty salary to be added to the mix, be it in the form of a free agent, a trade acquisition, or both.

One notable aspect of the reported offer to Manaea: the left-hander, like Severino, rejected a qualifying offer from the Mets at the beginning of the offseason. The A’s seem willing to spend at the expense of next year’s draft pool. Severino cost them their third-highest pick — the standard price paid by a revenue-sharing recipient — and now that they’ve forfeited that selection, the cost to sign an additional qualified free agent is reduced. The A’s surrendered their second-round pick to sign Severino — they pick in the first round and in Competitive Balance Round A, between the first and second rounds — and they’d now “only” need to punt their third rounder to bring in Manaea, Nick Pivetta, Christian Walker or another free agent who turned down the qualifying offer.

The A’s could use more stability in the rotation and have at least one corner outfield opening. They have young options at first base (Tyler Soderstrom), second base (Zack Gelof) and shortstop (Jacob Wilson) — all of them picked in the top two rounds of the draft and all of whom are/were highly touted prospects. There’s more of an opening at third base, where Darell Hernaiz and Max Schuemann likely lead the pack, although Gelof could potentially slide over to third base as well if the A’s want to pursue a second baseman. The bullpen, of course, could use some setup arms behind standout closer Mason Miller. There’s no shortage of areas at which to spend, and it seems the A’s are indeed intent on bolstering payroll ahead of the move to their temporary home at Sutter Home Park.

MLBTR Podcast: Yusei Kikuchi, The Aggressive Angels, And The Singer/India Trade

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The latest episode of the MLB Trade Rumors Podcast is now live on Spotify, Apple Podcasts, and wherever you get your podcasts! Make sure you subscribe as well! You can also use the player at this link to listen, if you don’t use Spotify or Apple for podcasts.

This week, host Darragh McDonald is joined by Tim Dierkes of MLB Trade Rumors to discuss…

Plus, we answer your questions, including…

  • For the Juan Soto sweepstakes, will agent Scott Boras just ask each club for its best offer? Or tell each club what others are offering to try to spur a bidding war? (20:45)
  • The Athletics are reportedly trying to have a $100MM payroll in 2025. Please come up with a plan to help them spend that money. (25:05)
  • It seems that third base is going to shape the destiny of the 2025 Mariners. How soon will they get over themselves and sign Alex Bregman or another top free agent? (29:40)
  • What do you think of the Nationals’ decision to non-tender Kyle Finnegan? (34:15)
  • What do you make of the recent reports that the Tigers and Tarik Skubal discussed an extension but didn’t get close? (38:20)

Check out our past episodes!

The podcast intro and outro song “So Long” is provided courtesy of the band Showoff.  Check out their Facebook page here!

Rico Carty Passes Away

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Former All-Star Rico Carty passed away yesterday, according to a report from Dominican newspaper Listin Diario. The 15-year MLB veteran was 85 years old.

Born in San Pedro de Macoris, Carty signed with the then-Milwaukee Braves prior to the 1960 season as a catcher. During his time in the minor leagues, he converted to the outfield and, after a brief cup of coffee in 1963, emerged as the Braves’ regular left fielder during the 1964 season. In 133 games, Carty slashed an excellent .330/.388/.554 with 22 homers and 28 doubles. That excellent season earned him a second place finish behind Phillies infielder Dick Allen in Rookie of the Year voting. Back issues limited Carty to just 83 games the following year, though he continued to hit well when healthy enough to take the field.

Following the Braves’ relocation to Atlanta in 1966, Carty remained a fixture of the club’s lineup. He hit well during the club’s first year in Atlanta but slumped somewhat the following year as he slashed a relatively tepid .255/.329/.401 that, while decent, fell well short of his typical standards as a hitter. Carty then proceeded to miss the 1968 season due to a tuberculosis diagnosis. The ailment wiped out his entire season, but the slugger managed to recovery in time to return to the Braves early in May of 1969. Upon his return, he enjoyed the best offensive season of his career to that point with an excellent .342/.401/.549 slash line in 104 games.

After impressing in his return from illness the previous year, the 1970 season saw Carty reach his peak in his first full season back after recovering from tuberculosis. Then in his age-30 season, the slugger slashed an incredible .366/.454/.584 as he slugged 25 homers and 23 doubles while leading the league in both batting average and on-base percentage across 136 games. The superlative season saw Carty named an All-Star for the first and only time in his career and led him to a tenth-place finish in NL MVP voting behind titans of the game such as Johnny Bench, Billy Williams, Bob Gibson, and Willie McCovey.

Before Carty could follow up on that excellent season, however, he suffered a disastrous knee injury while playing winter ball in the Dominican Republic. He underwent surgery and tried to return to action in time for Spring Training 1971, but ultimately missed the entire season due to the injury. He returned to the lineup in 1972 but struggled to stay healthy once again and found himself limited to 86 games as he hit .277/.378/.408 with just six homers. That was Carty’s final season in a Braves uniform, as he was traded to the Rangers in October 1972.

The 1973 season was a tumultuous one for Carty. After suffering a fractured jaw while playing winter ball in the offseason, he began the season as the first regular DH in Rangers history but hit just .232/.311/.301 in 86 games with the club and bounced from the Cubs to the A’s throughout the remainder of the season after being placed on waivers. Those struggles seemed as though they may be the end of Carty’s career, but he caught fire after signing with the Mexican League’s Cafeteros de Cordoba. That excellent play in Mexico earned him another chance in the big leagues, as Cleveland brass decided to sign him to return to the big leagues.

It’s a gamble that wound up paying off, as Carty would spend four seasons in Ohio. From his signing in 1974 to his departure following the 1978 season, Carty slashed an excellent .303/.372/.455 with 47 homers and 81 doubles as the club’s regular DH. His best season in Cleveland came in 1976, when he slashed .310/.379/.442 and earned some down ballot consideration for the AL MVP award. Carty was traded to the Blue Jays (who had briefly selected him in the 1976 expansion draft before quickly trading him back to Cleveland that same offseason) prior to the 1978 season, and he continued to provide value as he slashed .282/.348/.502 with a career-best 31 homers at the age of 38 in a season split between Toronto and Oakland.

Carty’s big league career came to a close in 1979, when he hit .256/.322/.390 in 132 games for the Blue Jays. He later worked for Toronto as a scout in Latin America and was inducted to the Braves Hall of Fame in 2023. Overall, the 15-year veteran was a career .299/.369/.464 hitter in the big leagues and collected 1677 hits, including 204 home runs, during his time as a major leaguer. MLBTR joins the rest of the baseball world in extending our condolences to Carty’s family, friends, loved ones, and fans.

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