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MLBTR Podcast: Lawrence Butler’s Extension, Gerrit Cole’s TJ, And Rays’ Ownership Pressured To Sell

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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 Steve Adams of MLB Trade Rumors to discuss…

Plus, we answer your questions, including…

  • Will the Cubs win the NL Central and how would you rank the AL Central clubs? (34:25)
  • Will the spring injuries lead to some deals and keep the hot stove burning into April? (41:35)
  • Should fans of the Dodgers be worried by how many old/injury-prone players are on the roster? (47:50)

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!

Reds Return Rule 5 Selection Cooper Bowman To Athletics

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The Reds have returned Rule 5 draft selection Cooper Bowman to the Athletics, per announcements from both clubs. Cincinnati’s 40-man roster count drops to 39. Bowman does not need to go onto the 40-man roster with the A’s.

Bowman, 25, was initially drafted by the Yankees but was one of four players who came to the A’s via the August 2022 trade that sent Frankie Montas and Lou Trivino to the Bronx. After that deal, he posted some decent Double-A numbers but struggled in his first taste of Triple-A.

He appeared in 152 minor league games from the start of 2023 through July 28 of 2024, mostly at Double-A but with four Complex League games in there as well. In his 705 plate appearances during that stretch, he walked at an 11.8% clip and kept his strikeouts down to a decent 20.9% pace. His combined .272/.369/.450 batting line led to a 125 wRC+. He also stole 73 bases in 81 tries and lined up defensively mostly at second base but with stints at third base, shortstop and center field.

He was promoted to Triple-A for the final few weeks of the 2024 season and struggled, hitting just .218/.284/.308 in a 38-game sample. But with the speed, defensive versatility and the decent offense at Double-A, the Reds perhaps saw enough for Bowman to carve out a utility role at the big league level, so they nabbed him in the Rule 5 draft.

That gave him a chance to break camp and make his major league debut but Bowman hit .120/.267/.120 in his 30 plate appearances this spring. That’s a small sample size but was apparently enough for the Reds to change course. Per Rule 5 regulations, the Reds would have had to keep Bowman on the big league roster all year or else put him on waivers. Any claiming club would have been bound by the same rules as the Reds, so it appears no other club was willing to give him a 40-man spot. Bowman will instead return to the A’s and give them some extra non-roster depth.

A’s Sign Lawrence Butler To Seven-Year Extension

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March 10: The A’s made it official today, announcing they have signed Butler to a seven-year extension plus a club option for 2032.

March 7: Butler’s deal will pay him a $3MM signing bonus and $2.25MM in 2025, Evan Drellich of The Athletic reports. He’ll then earn salaries of $3.25MM, $5MM, $8MM, $10MM, $14MM and $16MM from 2026-31. The Athletics’ option checks in at $20MM and comes with a $4MM buyout. The contract also contains escalators that can push the option value north to $26MM, per the report. In all, Butler can max out at $87.5MM over eight years if he hits all those escalators and the option is picked up.

March 6: The A’s are in agreement with right fielder Lawrence Butler on a seven-year, $65.5MM extension, reports ESPN’s Jeff Passan. There’s a club option for an eighth season. The contract buys out at least two free agent seasons, while the option covers a third would-be free agent year. The team has yet to announce the signing, which is pending a physical. Butler is represented by CAA Sports.

A sixth-round pick out of high school in 2018, Butler struggled over his first couple minor league seasons. Things clicked for him in Low-A in 2021, and he continued to hit his way up the ladder. The lefty hitter reached the majors in 2023 and hit .211 over his first 42 games. While he got out to another relatively slow start last year, a monster second half demonstrated his potential.

Butler raked at a .300/.345/.553 clip with 13 homers and 32 extra-base hits after the All-Star Break. Among qualified hitters, he ranked 10th in wRC+ over that stretch. The nine more productive batters in the second half are stars: Aaron Judge, Vladimir Guerrero Jr., Bobby Witt Jr., Yordan Alvarez, Juan Soto, Shohei Ohtani, Francisco Lindor, Jackson Merrill, and teammate Brent Rooker.

It’s impressive company, though it’s worth noting that Eugenio Suárez and Gavin Lux were among those closely behind Butler in second-half production. Three months is still a relatively small sample size. Butler went into last year’s All-Star Break as a career .205/.260/.337 hitter. He had fanned in almost 30% of his plate appearances to that point. He sliced the strikeouts to a tidy 19.8% clip in the second half. The whiffs began to creep back up in September, though he still managed a .280/.330/.409 in the season’s final month.

The A’s believe he’ll build off that strong finish. Butler ended the season with a .262/.317/.490 slash across 451 plate appearances. He hit 22 homers and went a perfect 18-18 on stolen base attempts. While most of his playing time came against right-handed pitching, he more than held his own in unfavorable platoon settings. Butler hit .291 with five homers in 89 plate appearances against southpaws.

Butler led off for Mark Kotsay throughout the second half. He has sufficient on-base skills to hit atop the lineup or the power to slot into the order’s middle third. He’s an effective baserunner who’ll play every day in right field. Statcast and Defensive Runs Saved each graded him as a league average defender over 955 1/3 innings. Butler has solid speed and arm strength, so he probably has the tools to be an above-average corner outfield defender. He started 32 games in center field as a rookie, but he only played four MLB innings there last season. JJ Bleday will play up the middle on most days.

The A’s had Butler under club control for five seasons. He wasn’t on track to reach arbitration for another two years. There have been a few recent extensions for hitters in that 1-2 year service bucket. The Pirates inked third baseman Ke’Bryan Hayes to an eight-year, $70MM guarantee in 2022. The Rockies signed a seven-year, $63.5MM extension with shortstop Ezequiel Tovar last spring. The Nationals hammered out an eight-year, $50MM agreement with catcher Keibert Ruiz two seasons ago.

Butler has shown a higher offensive ceiling than all those players had at the time of their deals. They’d each been top prospects and played more valuable positions, though. Tovar and Hayes were already plus defenders. Butler’s deal puts him alongside the Hayes and Tovar contracts. That’s a reasonable landing spot. Butler locks in a significant sum that hedges against injury or regression. The A’s buy into his breakout relatively early. If they’d waited until next offseason, another strong season would probably have pushed Butler’s asking price beyond nine figures.

The A’s have now signed three of the four largest contracts in franchise history over the past few months. Their three-year, $67MM free agent deal with Luis Severino stands as their biggest ever. They signed Rooker to a five-year, $60MM extension with a sixth-year club option. As shown on MLBTR’s Contract Tracker, this is the first time the A’s have extended a pre-arbitration player since their $10MM deal with Sean Doolittle in April 2014.

The spike in spending has coincided with the franchise’s three-year move to Sacramento. They’ve reportedly needed to get their competitive balance tax number to $105MM in order to avoid a grievance from the MLB Players Association regarding their use of revenue sharing funds. They’d already achieved that between deals for Severino, Rooker, and reliever José Leclerc, as well as the trade for starter Jeffrey Springs.

Butler joins Rooker as the only players under contract through at least 2028, the scheduled opening of their Las Vegas ballpark. The option extends their control window through 2032. Butler would hit free agency after his age-31 season if they exercise the option.

It’s possible this is the first of a handful of spring deals for the A’s. General manager David Forst told Evan Drellich of The Athletic last month that the team had opened talks with multiple players. MLBTR highlighted a few of their extension candidates in a post for Front Office subscribers last week.

Image courtesy of Imagn.

A’s Announce Las Vegas Jersey Patch Sponsorship

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The A’s announced on Friday evening that they’ve reached a three-year advertising partnership with the Las Vegas Convention and Visitors Authority (LVCVA). As part of the agreement, they’ll have “Las Vegas” jersey patches on their uniform sleeves during their three seasons in Sacramento. The A’s will wear a Sacramento patch on the opposite arm for at least the 2025 season.

“For the Athletics, this partnership is more than just a jersey patch—it’s the beginning of the transition to our new home,” A’s owner John Fisher said in a press release. “This is a chance to wear our hearts on our sleeves for the next three years before bringing the vibrant spirit of our new home front and center across our uniform.”

Steve Hill, the head of the LVCVA, tells Evan Drellich of The Athletic that the deal will pay the A’s $8.25MM over the next three seasons: $2.5MM this season, $2.75MM next year, and $3MM in 2028. Hill acknowledged that it’s rare for a team to don an advertisement for a city in which they’re not currently playing.

“Frankly, one of the reasons that something like this hasn’t been done, at least for a team that’s moving, is that they’re still in the city they’re moving from,” Hill told Drellich. “We couldn’t have done this with the Raiders (who moved directly from Oakland to Las Vegas in 2020), for example, because it would have just been rude. They’re in the city they’re moving from, and that’s kind of in your face, just not appropriate. But because (the A’s are) moving to Sacramento for three years before coming here, it opened up that possibility of doing that.”

The A’s plan to break ground on their 33,000-seat stadium in Las Vegas within the next few months. The team released their latest set of renderings for that facility on Thursday (link via Mick Akers of the Las Vegas Review-Journal). Newly-hired club president Marc Badain told Drellich on Thursday that he has “no doubts on that at all” when asked if the ballpark will be ready in time for the 2028 season.

Athletics Announce Marc Badain As New President

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The Athletics announced that Marc Badain will be the club’s new president, per Mick Akers of the Las Vegas Review-Journal. Badain is most notable for having previously been president of the NFL’s Raiders, who moved to Las Vegas in his time in that job. He will replace Dave Kaval, who announced his resignation from the position in December. Sandy Dean was named interim president when Kaval stepped down but will now serve as vice chairman.

“We are excited to welcome Marc to the Athletics,” A’s owner John Fisher said in a statement. “His vast experience, particularly his work on the opening of Allegiant Stadium and overseeing the Raiders’ move to Las Vegas, makes him a great addition to our team at this pivotal moment. His leadership, commitment to the community, and ability to oversee transformative projects will be key as we look to build a strong and successful future in Southern Nevada.”

Badain served as president of the Raiders from 2013 to 2021. At the start of that time frame, the Raiders played their home games in Oakland Coliseum, sharing the facility with the Athletics. Looking for a new stadium, the Raiders started to explore the possibility of moving to Las Vegas in 2015. Those plans gradually became reality and the move was approved in 2017, though the Raiders stayed in Oakland through the end of the 2019 NFL season, moving into their new stadium in Vegas in 2020.

Badain then resigned in 2021. Per a report from Daniel Kaplan and Tashan Reed of The Athletic in October of 2021, Raiders owner Mark Davis said that “accounting irregularities” prompted the resignation. He said the team “overpaid our taxes…we paid more than we owe,” a matter that “may have started in Oakland.” Badain has since been working with the Oak View Group, trying to build a hotel and casino complex with a venue capable of hosting an NBA team.

Controversial finish aside, there are some clear parallels between his Raiders tenure and the current state of the Athletics. The A’s are in a similar position to where the Raiders were a few years ago. The baseball club is planning to play out of a new stadium in Vegas starting with the 2028 season. They failed to work out a deal to stay in Oakland beyond the end of their 2024 lease of the Coliseum, so they are going to play out of Sutter Health Park in West Sacramento for the 2025-27 seasons. That is normally the home of the Sacramento River Cats, the Triple-A affiliate of the Giants. The A’s and River Cats plan to share the park for the next three years.

The detour to West Sacramento is a notable difference, but the journey of the two franchises is otherwise quite similar. Since Badain has already steered one franchise from the Oakland Coliseum to a new facility in Las Vegas, the A’s seem to be banking on his experience to guide them through the process in the coming years.

“I’m honored to join the Athletics and help guide the team into a new era of success,” Badain said in the news release. “Las Vegas is a city that celebrates innovation and excellence, and I’m excited to work alongside the team, the fans, and the community to create something extraordinary.”

A’s Shut Brady Basso Down Due To Shoulder Strain

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The A’s have shut southpaw Brady Basso down for the time being due to a shoulder strain, per Martin Gallegos of MLB.com. There’s currently no timetable for his return to throwing.

While Basso wasn’t guaranteed a spot on the Opening Day roster — he still has a pair of minor league option years remaining — his solid rookie showing in 2024 put him in position to genuinely compete to break camp. A 16th-round pick back in 2019, Basso pitched the first 22 1/3 innings of his MLB career last season and logged a 4.03 earned run average with a 20.4% strikeout rate, 5.4% walk rate and 42% grounder rate. That came on the heels of a 4.55 ERA, 27.5 K% and 6.3 BB% in 93 innings (18 starts, four relief appearances) between Double-A and Triple-A.

The Athletics currently have Luis Severino, Jeffrey Springs and JP Sears locked into rotation spots. Last season’s Rule 5 pick, Mitch Spence, very likely pitched his way into the fourth rotation spot with a nice rookie effort. Basso was in competition with Osvaldo Bido, Joey Estes, J.T. Ginn and Hogan Harris for a remaining rotation spot. It’s also possible he could’ve cracked the bullpen as a second lefty alongside veteran T.J. McFarland.

Through the first few weeks of camp, Basso had only strengthened his case. While Ginn, Bido and Estes have been hit hard and Harris has struggled with his command, Basso has rattled off 4 1/3 scoreless — and hitless — innings. He’s only allowed one of 14 opponents to reach (a walk) and had fanned four batters. Things can change in a hurry in a small spring sample, but to this point he could scarcely have done more with the opportunities he’d been given.

The A’s will have more information on his timeline for recovery in the days and weeks ahead, but a shutdown at this point effectively takes him out of the running for the Opening Day roster. If there’s a strain of any real significance, Basso could be a 60-day IL candidate the next time the team needs a 40-man roster spot, but that’ll hinge on the forthcoming prognosis and recovery timetable.

A’s Continuing To Give Tyler Soderstrom Catching Reps

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The A’s remain open to the possibility of using Tyler Soderstrom as their backup catcher, manager Mark Kotsay tells Martín Gallegos of MLB.com. The former first-round pick got the start behind the dish in yesterday’s Spring Training matchup with Seattle.

“What we talked about with Tyler is continuing to keep that skill set,” Kotsay told Gallegos. “It gives us an opportunity to have a player that provides maybe a role for us that would allow maybe another bench spot.” The A’s will use Shea Langeliers as their starting catcher for the third consecutive season. They would gain some bench flexibility if they’re comfortable with the 23-year-old Soderstrom as Langeliers’ backup. Otherwise, he’d be the primary first baseman.

Soderstrom was drafted as a bat-first catching prospect out of high school in 2020. His bat pushed him quickly through the minor leagues. He’s a .272/.339/.532 hitter in the minors. Soderstrom hasn’t found anywhere near that level of success against big league pitching. He owns a .204/.282/.354 line with a 27.4% strikeout rate over 351 plate appearances.

Most of his big league work has come as a first baseman. Soderstrom has caught a little more than 1200 innings over four minor league seasons. He made 15 starts behind the dish for the A’s during his 2023 rookie season. He got another 21 starts as a catcher in Triple-A last year, but they didn’t give him any MLB starts there.

The youngster’s only MLB catching experience last year was a four-inning appearance in a game in which that day’s starting catcher Kyle McCann was lifted for a pinch-hitter in the fifth inning. Langeliers was the designated hitter. If the A’s wanted to have him catch after pulling McCann, they’d have forfeited their DH for the rest of the game. Soderstrom, who had started at first base, moved to catcher.

The A’s clearly didn’t feel his glove was up to par last year. They kept McCann on the major league roster as the backup all season. Langeliers started 123 games, second-most at the position behind Cal Raleigh. McCann made the other 39 starts. Soderstrom’s four-inning appearance was the only catching work by any other player.

The A’s already shook that up last month, designating McCann for assignment while acquiring Jhonny Pereda in a cash trade with Miami. Langeliers and Pereda are the only primary catchers on the 40-man roster. That’d very likely be Kotsay’s season-opening duo if they’re still apprehensive about Soderstrom’s glove. If they’re comfortable with Soderstrom behind the plate, he could pick up around 40 starts there while playing first base on days when Langeliers is rested. That’d allow the A’s to option Pereda and carry another infielder or outfielder on the active roster.

McCann cleared waivers and is in camp as a non-roster invitee. The A’s could reselect his contract at any point, but he’s behind Pereda on the depth chart. The 28-year-old Pereda only has 20 games of major league experience. He’s a .293/.385/.408 hitter over four Triple-A seasons and has a stronger defensive reputation than McCann brings.

Who Else Could The A’s Look To Extend?

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Last week, Evan Drellich of The Athletic reported that the A's had opened extension negotiations with outfielder Lawrence Butler. General manager David Forst declined comment on Butler specifically but implied that he's not the only player with whom they've had discussions.

"We’ve had conversations with a couple other players other than (already-extended DH Brent Rooker), and those talks are ongoing," Forst told Drellich. "It is an important thing for us to lock guys up (heading) into Las Vegas and make sure that we keep the core of what we think is a really good young team together, ongoing."

MLBTR covered Butler's extension candidacy at the time of Drellich's report. With Forst's comments in mind, it's worth taking a speculative look at who else the A's may try to sign over the next few weeks.

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Athletics Sign Dylan Floro To Minor League Deal

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5:03pm: The A’s announced that they have signed Floro to a minor league deal with an invite to spring training.

1:50pm: Veteran right-hander Dylan Floro has a locker set up in the Athletics’ clubhouse, reports Martin Gallegos of MLB.com. It’s not clear whether he’s come to terms on a major league or minor league contract, but some type of deal between the two sides is in place. Floro is represented by Pro Edge Sports Management. If the A’s need to add him to the 40-man roster, they can do so easily by sliding Ken Waldichuk to the 60-day injured list while he continues rehabbing from Tommy John surgery.

Floro, 34, split the 2024 season between the Nationals and D-backs, combining for 68 innings of 3.80 ERA ball. Those solid end-of-year numbers don’t tell the full tale of his season, however. The nine-year MLB veteran excelled in D.C., logging a pristine 2.06 earned run average through 52 1/3 innings. Floro’s 19.6% strikeout rate was well below average, but his 6.4% walk rate was excellent and his 47.6% grounder rate was sharp. However, the big driver of his success was a 2.2% homer-to-flyball ratio (one homer in 52 1/3 innings).

The rate stats painted Floro as a regression candidate, and while the Snakes surely weren’t expecting him to continue on with a rough 2.00 ERA pace, the extent to which the pendulum swung in the opposite direction with Arizona was nonetheless shocking. Floro was shelled for 17 earned runs — five more than he allowed in his entire Nationals tenure —  in 16 1/3 innings. After surrendering just one homer through 204 batters faced as a National, Floro served up round-trippers to four of the 75 opponents he faced wearing a D-backs uniform. Arizona wound up designating Floro for assignment and releasing him in late September.

Though Floro’s home run suppression in Washington last year was clearly unsustainable, the veteran righty has demonstrated throughout his big league career that he’s better at keeping the ball in the yard than quite literally any pitcher in MLB. Outside of the 2017 season, when he logged only 9 2/3 MLB innings, Floro has never averaged even one homer per nine innings pitched. Opponents have mustered only 0.54 homers per nine frames against Floro throughout his 402 2/3 big league innings. Since his 2016 debut, 259 pitchers have tossed 400 or more innings. None has a lower HR/9 mark than Floro (making his Arizona struggles all the more surprising).

It should be noted that Floro’s struggles with the Diamondbacks weren’t simply a function of poor luck, however. The right-hander also worked with significantly diminished stuff in 2024. He’s never been a flamethrower, but Floro sat 92.9 mph with his heater from 2020-23 — including a 92.3 mark in ’23. Last year, that average velocity plummeted to 89.8 mph, per Statcast. His sinker (93.1 mph from 2020-23) followed suit, tumbling to 89.9 mph on average. Floro’s slider and changeup both sat 85-86 mph in 2020-23 but landed at 83.3 mph and 83.5 mph, respectively, in 2024.

If Floro can restore some of that lost velocity or simply pitch more effectively with reduced stuff, he has the track record to suggest he can be a valuable piece in manager Mark Kotsay’s bullpen. Since solidifying himself as a big league reliever with the Reds and Dodgers in 2018, Floro boasts a 3.38 ERA, 32 saves and 53 holds. His 21.1% strikeout rate in that time is a couple percentage points worse than average, but his 7.2% walk rate is more than a percentage point better than par and his 50.4% ground-ball mark is quite strong.

The Athletics’ bullpen is anchored by star closer Mason Miller and free agent signee Jose Leclerc. Miller, Leclerc and lefty T.J. McFarland are the only three members of the A’s bullpen with even one full year of service. Floro would add a fourth experienced veteran who could help with setup duties and take pressure off minor league free agent pickups Tyler Ferguson and Michel Otañez, both of whom found their way into late-inning roles last season despite debuting as 31-year-old and 27-year-old rookies, respectively.

A’s, Lawrence Butler In Ongoing Extension Negotiations

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The A’s have opened extension discussions with outfielder Lawrence Butler, reports Evan Drellich of The Athletic. General manager David Forst confirmed to Drellich that the team is engaged in extension talks with multiple players, though he unsurprisingly didn’t specify which ones.

Butler is a logical target. The 24-year-old had a big season to emerge as a key piece of a developing offensive core. Butler hit .262/.317/.490 with 24 doubles, two triples, and a pair of home runs through 451 plate appearances. He went a perfect 18-18 on stolen base attempts. The positives were almost all concentrated in a monster second half. Butler raked at a .300/.345/.553 clip with 13 homers and 32 extra-base hits after the All-Star Break.

The lefty-swinging Butler had entered the break as a career .205/.260/.337 hitter. He had struck out at close to a 30% clip to that point. He sliced the strikeout rate by nearly 10 percentage points in the second half. By measure of wRC+, Butler was among the ten most productive qualified hitters in the majors during that stretch.

There’s still a relatively small sample of major league success. Butler’s productivity against MLB pitching is essentially limited to three months. An extension would be a bet on the A’s part that the second half represented a legitimate breakout. There’s an argument to wait and see if Butler can maintain that level of production over a full season. At the same time, that’d run the risk of him dramatically raising his earning power with another strong year.

Butler narrowly surpassed one year of major league service. He’s under club control for five seasons and two years from arbitration eligibility. The A’s control him through his age-28 season. There have been a few extensions for hitters in that service range in recent years. Rockies shortstop Ezequiel Tovar inked a seven-year, $63.5MM deal as he entered his age-22 season last spring. Nationals catcher Keibert Ruiz signed for eight years and $50MM as a 24-year-old two seasons ago. The Pirates inked third baseman Ke’Bryan Hayes to an eight-year, $70MM extension coming out of the 2022 lockout.

Those players all play more impactful positions. Tovar and Hayes were plus defenders on the left side of the infield. Ruiz is a catcher. Butler played some center field as a rookie, but he’s stretched at the position. The A’s kept him in right field last season. He posted average defensive marks in just under 1000 innings in the corner. Butler has demonstrated offensive upside beyond what anyone from the Tovar, Hayes or Ruiz group had shown at the time of their deals, however. His camp could aim for something approaching the Tovar/Hayes guarantees, though it remains to be seen if the A’s would make that kind of investment without a larger body of work.

The A’s have historically shied away from early-career extensions. As shown on MLBTR’s contract tracker, they haven’t extended a pre-arbitration player since inking Sean Doolittle to a $10MM guarantee more than a decade ago. This offseason has been a huge exception to their typical operating procedure. They signed Luis Severino to a three-year, $67MM free agent deal that represents the largest investment in franchise history. They followed by signing Brent Rooker to a five-year, $60MM extension as his arbitration window was opening.

The club also acquired Jeffrey Springs in a trade with Tampa Bay, assuming the remaining two years and $21.75MM on his deal. They dropped $10MM to bring in setup man José Leclerc via free agency. The A’s were reportedly targeting a competitive balance tax number of at least $105MM to ensure they didn’t forfeit their status as revenue sharing recipients. RosterResource estimates their CBT number around $107MM, so they’ve hit that mark, but it seems there’s still payroll space.

Rooker, Severino and Springs are the only players signed beyond this season. Rooker is the only player locked into the 2027 roster. The A’s hold a club option on Springs, while Severino has an opt-out during the 2026-27 offseason. There’s plenty of long-term flexibility, raising the possibility of extending multiple young players. Beyond Butler, catcher Shea Langeliers, shortstop Jacob Wilson, and center fielder JJ Bleday stand out as speculative extension candidates.

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