MLB Trade Rumors

Feb. 7: The Tigers have formally announced Flaherty’s two-year deal.

Feb. 2: Jack Flaherty is returning to the Motor City, as ESPN’s Jeff Passan (multiple links) reports that the right-hander has signed a two-year deal with the Tigers worth $35MM in guaranteed money.  The frontloaded deal pays Flaherty $25MM in 2025, and he can opt out of the second year of the contract this fall to re-enter free agency.  Flaherty will earn at least $10MM in 2026, though he can unlock up to an additional $10MM in incentive bonuses if he makes 15 starts this season.  The deal will become official once Flaherty passes a physical, and the right-hander is represented by CAA Sports.

The new contract is a healthy increase over the one-year, $14MM deal Flaherty signed with Detroit in December 2023, as the righty was looking to rebuild his value after a few injury-marred and inconsistent seasons with the Cardinals and Orioles.  Flaherty got himself back on track in impressive fashion, delivering a 2.95 ERA over 18 starts and 106 2/3 innings for the Tigers before he was dealt to the Dodgers at the trade deadline.

Now pitching for his hometown team, Flaherty had a 3.58 ERA in 55 1/3 regular-season innings for L.A. and had a couple of big moments in the playoffs, most notably seven shutout innings against the Mets in Game 1 of the NLCS.  After capturing his first World Series ring, Flaherty headed into the open market in search of a lucrative long-term deal, bolstered by his 2024 production and unencumbered by a qualifying offer.

MLBTR rated Flaherty eighth on our list of the winter’s top 50 free agents, projecting that he’d land a five-year, $115MM contract as he entered his age-29 season.  Even as other pitchers exceeded salary expectations, Flaherty’s market remained relatively cold, and he said in an interview on the Foul Territory podcast just over a week ago that he had received little in the way of formal contract offers.  A couple of weeks ago, reports suggested that Flaherty was open to the type of shorter-term deal with an opt-out that he ended up signing for his second stint in a Tigers uniform.

The Mets, Cubs, Red Sox, Giants, Blue Jays, and Orioles were all linked to Flaherty at various points during the offseason, and reports of Detroit’s interest in a reunion first surfaced back in early December.  Flaherty noted during his Foul Territory interview that he “wanted to stay in Detroit” before the deadline trade, and “loved” his previous time with the team, particularly pitching alongside Tarik Skubal in the rotation.

It could be that Flaherty lingered this long on the open market because teams wanted to see more than just his 2024 season before being sold on a longer-term commitment.  Injury concerns may have been a factor, as the Yankees pulled out of a planned deal to acquire Flaherty at the deadline after looking at his medical records.  Apart from one skipped start due to a bad back, Flaherty was otherwise pretty healthy in 2024, avoiding the injured list and tossing 184 combined innings during the regular season and postseason.  His average fastball velocity was a modest 93.3mph, however, and he lost some velo later in the season after the trade.

Looking elsewhere on the Statcast page, Flaherty posted an excellent 29.9% strikeout rate and 5.9% walk rate, along with strong hard-contact and chase rates to go along with his 3.17 combined ERA with Detroit and Los Angeles.  It was the kind of form that Flaherty hadn’t shown over a full season since 2019, when he finished fourth in NL Cy Young Award voting while pitching with the Cardinals.

It is relatively uncommon to see a player get dealt by a team at the trade deadline and then re-sign with that same team the following offseason, yet the way this scenario played out, the Tigers’ decision to move Flaherty couldn’t have worked out much better.  Detroit received prospects Trey Sweeney and Thayron Liranzo from the Dodgers, and Sweeney already made an impact by becoming the Tigers’ regular shortstop down the stretch.  Unlike most deadline sellers, the Tigers caught fire late in the season and made an improbable playoff run, going 31-13 over their last 44 games to win a wild card berth, and Detroit then upset the Astros in the Wild Card Series before taking the Guardians to the full five games in the ALDS.

After relying on the “pitching chaos” strategy for much of that run, the Tigers’ rotation looks a lot more stable heading into 2025.  Flaherty and fellow new signing Alex Cobb join Skubal, Reese Olson as pitchers with set rotation spots, and the list of fifth starter candidates includes the likes of Kenta Maeda, Casey Mize, Jackson Jobe and Matt Manning.  Detroit might well keep this entire group to guard against injuries, but there’s enough depth here that the Tigers could consider trading a starter to address another primary need, like relief pitching or a right-handed bat.

Among Detroit’s primary free agent signings this winter, Cobb, Gleyber Torres, and Tommy Kahnle all signed one-year contracts and Flaherty’s deal might also end up as a one-year pact should he exercise his opt-out clause.  Even if Flaherty passes on his opt-out, all these signings fit president of baseball operations Scott Harris’ preferred model of shorter-term contracts.  This isn’t to say that the Tigers haven’t at least explored longer-term deals (i.e. their ongoing pursuit of Alex Bregman), but focusing on just short-term upgrades has allowed the club to keep its financial powder dry for a bigger splash in the future.  Flaherty, Colt Keith, and Javier Baez are the only Tigers players guaranteed money beyond the 2025 season.

While naturally Flaherty would’ve preferred to have locked down a pricey long-term deal already, another quality season will surely line up nicely for such a contract next winter, even if a full year with the Tigers would make him eligible for a qualifying offer.  In the interim, he’ll bank at least a $25MM payday, and pitch in a comfortable and familiar environment on what looks to be a contending team.

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