MLB Trade Rumors

The Blue Jays’ offseason was defined by who they didn’t sign rather than who they did sign, as they came up short in their pursuit of Shohei Ohtani.

Major League Signings

• Yariel Rodriguez, SP/RP: Five years, $32MM (Rodriguez can opt out after 2027 season, Blue Jays can then exercise $10MM club option for 2027 season)
• Isiah Kiner-Falefa, IF/OF: Two years, $15MM
• Justin Turner, 1B/3B: One year, $13MM
• Kevin Kiermaier, OF: One year, $10.5MM

2024 spending: $41MM
Total spending: $70.5MM

Option Decisions

• Chad Green, RP: Blue Jays exercised two-year, $21MM club option covering 2024-25 seasons
• Whit Merrifield, 2B/OF: Both sides declined $18MM mutual option ($500K buyout)

Trades & Claims

• Acquired minor league RHP Chris McElvain from Reds for IF Santiago Espinal
• Acquired cash considerations from Giants for IF/OF Otto Lopez
• Acquired LHP Brendon Little from Cubs for cash considerations
• Claimed C Brian Serven off waivers from Cubs

Notable Minor League Signings

• Joey Votto, Daniel Vogelbach (contract selected), Paolo Espino, Mike Mayers, Payton Henry, Eduardo Escobar (released)

Extensions

• None

Notable Losses

• Matt Chapman, Jordan Hicks, Hyun Jin Ryu, Jay Jackson, Adam Cimber, Tyler Heineman, Brandon Belt (still unsigned)

December 8, 2023 will be remembered as one of the most unusual days in Blue Jays history, as reports from J.P. Hoornstra of Dodger Nation and MLB Network’s Jon Morosi indicated that Ohtani had either signed with the Jays, or was on a flight to Toronto to make the deal official.  It led to a few fevered hours of speculation around the baseball world before a lack of confirmation on these early reports eventually acted as a reality check, with Morosi retracting his earlier message on X.  The next day, Ohtani officially announced on his own Instagram page that he had signed with the Dodgers, thus ending the Blue Jays’ chances once and for all.

Subsequent reports indicated that the Jays made a comparable offer to the 10 years and (heavily-deferred) $700MM Ohtani received from Los Angeles.  Even if the Dodgers might’ve been Ohtani’s first choice if all else was equal, it appears as though the Blue Jays and possibly the Giants were viewed as legitimately viable alternative destinations if contract talks with L.A. didn’t go smoothly.

It’s possible that Toronto fans might feel a little better about not landing Ohtani now than they did a week ago, before news broke of the controversial and possibly explosive allegations involving Ohtani’s ex-interpreter Ippei Mizuhara, an illegal gambling operation, and funds allegedly taken from Ohtani’s personal bank accounts to cover Mizuhara’s debts.  However, losing Ohtani was soon followed up by Los Angeles signing another top Jays target in Yoshinobu Yamamoto, even if Toronto wasn’t reportedly one of the true finalists for Yamamoto’s services — and certainly not to the level of the Dodgers’ massive 12-year, $325MM commitment to the Japanese ace.

The one-two punch of missing out on Ohtani and Yamamoto only increased the discord that has existed within the fanbase through much of the 2023 season, and reached a fever pitch when sloppy baserunning, a continued lack of hitting, and an infamous pitching change combined to quickly sweep Toronto out of its wild card series matchup with the Twins.  Jays GM Ross Atkins isn’t going to make an ill-advised splashy move just for the sake of positive headlines, yet just from a baseball perspective, questions have to asked about whether the Toronto roster is better now than it was at the end of last season.

As has been the Blue Jays’ habit over the last few offseasons, the club was linked to a wide range of available players.  Beyond Ohtani and Yamamoto, multiple reports suggested the Jays had some degree of interest in the likes of free agents Cody Bellinger, Aaron Nola, Blake Snell, J.D. Martinez, Jeimer Candelario, Jorge Soler, Joc Pederson, Michael Brantley, Rhys Hoskins, Gio Urshela, Michael A. Taylor, Amed Rosario, Domingo German, and their own incumbent free agent in Matt Chapman.  On the trade front, the Blue Jays reportedly looked into deals involving such players as Juan Soto, Eugenio Suarez, Isaac Paredes, Dylan Carlson, Jonathan India, and Jake Cronenworth, with the first two of those names actually changing teams in other deals.

The slow-moving nature of the free agent market means that the Blue Jays probably didn’t really miss out on many opportunities while focusing primarily on Ohtani for the offseason’s first five weeks.  Hindsight being 20-20, it can be argued that the Jays should’ve or could’ve pushed more to acquire Soto than Ohtani, though there’s no guarantee that the Jays were willing to match or exceed the pitching-centric trade package the Yankees needed to pry Soto away from the Padres.  As much as the fans were begging for a big strike, cleaning out an already thin farm system to land Soto might not have been feasible for the Jays in the long run.

Kevin Kiermaier was a free agent for the second consecutive winter but again ended up signing a one-year deal with Toronto, returning for a $10.5MM salary and a raise on his previous $9MM deal.  Heading into the offseason, the conventional wisdom was that the Blue Jays might let Kiermaier walk, in order to install Daulton Varsho in center field and a bigger bat into Varsho’s old left field spot.  However, the Jays will instead run it back with the outfield of Varsho, Kiermaier, and George Springer, hoping for a repeat of the group’s excellent defense and overall good health, and a notable improvement at the plate from at least Varsho and Springer.  (And if Kiermaier can top his solid 2023 slash line of .265/.322/.419 in 408 plate appearances, all the better.)

As for re-signing Chapman, Toronto monitored his market and made a late two-year offer before the third baseman signed with the Giants.  Chapman’s rather unusually long stint in free agency probably created this eleventh-hour possibility of a reunion, as it otherwise seemed like the Blue Jays somewhat moved on from Chapman when they signed Isiah Kiner-Falefa to a two-year, $15MM contract.

The price tag raised eyebrows, as Kiner-Falefa’s bat has been well below average (81 wRC+) over his six MLB seasons and 2415 career PA.  A Gold Glove winner as the Rangers’ third baseman in 2020, IKF’s defense has generally graded as average to very good at multiple positions, even if he naturally won’t match Chapman’s elite glovework.

Having Kiner-Falefa as a semi-everyday player is probably not an ideal move for an already inconsistent lineup, though the Blue Jays’ rather fluid second base/third base/backup infield collection of IKF, Cavan Biggio, Davis Schneider, and Ernie Clement could see all four players mixing and matching between the two positions.  Kiner-Falefa and Clement can also back up Bo Bichette at shortstop, and the out-of-options Clement performed well enough in Spring Training that the Jays felt comfortable enough to trade Santiago Espinal to the injury-riddled Reds last week.

Of course, Justin Turner also figures to get some time at the hot corner, even if Turner was signed to primarily fill Brandon Belt’s role as a part-time first baseman and DH.  Turner has been on the Jays’ radar for years as a free agent target, and the two sides finally came together on a one-year deal worth $13MM.  Even as he enters his age-39 season, Turner has remained a consistently productive hitter, including 23 homers and a .276/.345/.455 slash line over 626 PA for the Red Sox in 2023.

Turner is expected to play pretty close to every day at either third, first, or DH, while Vladimir Guerrero Jr. will naturally also be a lineup staple as the first baseman or designated hitter.  When a right-hander is on the mound, spring non-roster invite Daniel Vogelbach figures to get some time in the DH spot, as his minor league contract has now been selected to the Opening Day roster.  Vogelbach doesn’t have much utility as a DH-only player who can’t hit left-handed pitching, though his lefty bat does bring some balance to a lineup and bench mix that continues to tilt to the right side.  Re-signing Kiermaier brought at least one left-handed hitter back into the fold, but Kiermaier, Vogelbach, Biggio, and Varsho (none of whom are exactly premium bats) represent the current allotment of lefty swingers on the projected roster.

Joey Votto’s possible inclusion could change this picture in terms of upside if not numbers, as if Votto’s minors deal is selected to the active roster, he would surely just replace Vogelbach.  It would be a storybook ending if Votto could revive his career for at least one more big season with his hometown team, but while the 17-year veteran has been very forthright about his confidence in himself, Votto is also realistic about the challenges he’ll face in getting back to anything close to his old form after two injury-plagued seasons.  Votto will need time to ramp up in the minors, and he’ll also first have to recover from an ankle injury suffered after he homered in his lone Spring Training plate appearance in a Blue Jays uniform.

Between Turner, Vogelbach, and rolling the dice on Votto, the Jays apparently felt ok in moving on from Belt, as there were no public indications that Toronto had interest in re-signing arguably its best hitter from the 2023 season.  Alejandro Kirk also figures to get some DH at-bats over the course of the season, though he’ll be strictly a catcher in the early going while Danny Jansen recovers from a minor wrist fracture.  Offseason waiver claim Brian Serven will now break camp as Kirk’s backup catcher while Jansen heals.

Turning to the pitching staff, the Blue Jays’ priciest signing of the winter wasn’t Ohtani or Yamamoto, but rather another name from Japan….via Cuba.  Yariel Rodriguez posted a 3.30 ERA over 464 1/3 innings and six seasons in Cuba’s Serie Nacional before then delivering a 3.03 ERA in 175 1/3 frames for Nippon Professional Baseball’s Chunichi Dragons from 2020-22.  Rodriguez sat out the 2023 season while trying to arrange his move to MLB, so the year’s layoff is another x-factor on top of the usual questions about how a player’s skills will translate from international baseball to the Show.

Multiple teams scouted and considered Rodriguez this winter, with the Blue Jays among the group who liked him as a starting pitcher rather than as a reliever.  With Bowden Francis winning the fifth starter’s job coming out of Spring Training, it appears as though Rodriguez will begin the season in Triple-A, acting as rotation depth and continuing to acclimate to his new league.  Even with a five-year contract and at least a $32MM investment in Rodriguez, the Blue Jays are willing to be patient in getting Rodriguez fully ready for the bigs before deploying him as a starter, reliever, or swingman.

While the Jays signed Rodriguez and kicked the tires on some other free agent arms, Toronto is largely standing pat with its same pitching staff from 2023.  This isn’t a bad move considering how the rotation and bullpen were both strengths last season, though there is some added risk since the odds are against another year of largely good pitcher health.  Already some cracks have shown since Jordan Romano and Erik Swanson will start the year on the 15-day injured list, and Kevin Gausman had a bout of shoulder fatigue earlier in camp but now seems on pace to be part of the Opening Day roster.

Alek Manoah remains the biggest uncertainty on the roster, as Manoah’s spring work consisted of one rough outing (four earned runs in 1 2/3 innings) before being sidelined with shoulder soreness.  In the wake of Manoah’s disastrous 2023 season, the Blue Jays simply don’t know what to expect from Manoah going forward, making it even more important that Francis, Rodriguez, Mitch White, and perhaps eventually top prospect Ricky Tiedemann can work as depth starter or fifth starter options.  This in turn puts more pressure on Gausman, Jose Berrios, Chris Bassitt, and Yusei Kikuchi to stay healthy and effective so any other leaks don’t spring in the rotation.

Adding clear-cut starters or even lower-level pitchers on inexpensive guaranteed contracts or minor league deals might’ve been tricky for the Blue Jays this winter, as such pitchers probably preferred to join teams with clearer potential rotation or bullpen openings.  In a nutshell, already having a core in place might’ve limited what Toronto was willing or able to do with both its pitching staff and perhaps the roster as a whole.

Breaking the bank for Ohtani or Yamamoto in a special circumstance was one thing, but the Jays were generally conservative in boosting the payroll.  After a $214.5MM payroll and a $246MM luxury tax number in 2023 (putting them over the tax line for the first time ever), the Blue Jays are estimated by RosterResource for a $226MM payroll and a $248.7MM luxury tax figure heading into Opening Day.  While they might not have spent much this winter, this does leave the team with some flexibility to add money at the trade deadline when they have a better sense of their immediate needs.  It isn’t known whether or not the second tax penalty tier of $257MM represents any kind of internal spending limit, but given how this team has been so aggressive in recent years, it would be surprising if the front office suddenly held back if a key upgrade was available.

If the Blue Jays were ultimately content to just tinker with their roster, however, it puts even more pressure on their core group to step up after a curiously lackluster 2023 season.  Atkins said in early January that “We feel like last year was just a blip in terms of run-scoring,” and yet while any of Springer, Varsho, Guerrero, or Kirk could rebound, counting on them all to bounce back is perhaps a little too optimistic since there was no obvious answer as to why the quartet were all so inconsistent last year.

Between this group, Kiner-Falefa’s lack of offense, and the uncertainty within the second base and backup infield mix, it isn’t a stretch to say that Bichette and Turner are the club’s only real reliable bats heading into the year.  Perhaps some coaching changes might do the trick, as bench coach Don Mattingly has a new title of “offensive coordinator” and Matt Hague has joined the staff as an assistant hitting coach.

Even with back-to-back playoff disappointments in the last two seasons, the Jays still think their core group is capable of bigger and better things.  Without a ton of overt upgrades coming this winter, however, the Blue Jays will face a challenge in just getting back to the playoffs, let alone making some postseason noise.