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The Opener: Giants, Extensions, DFA Limbo

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With the offseason back in full swing after the holidays, here are three things we’ll be keeping an eye on around the baseball world today:

1. Giants 40-man roster move incoming:

Yesterday, the Giants reportedly brought future Hall of Famer Justin Verlander into the fold on a one-year deal. The club is rolling the dice on a return to form for Verlander after the first truly poor season of the right-hander’s career; Verlander mustered only a 5.48 ERA with a 4.78 FIP across 17 starts with the Astros last year. There’s certainly risk involved in expecting Verlander, who is more than four years older than San Francisco’s new president of baseball operations Buster Posey, to turn back the clock even by just a year or two. However, the 2022 AL Cy Young Award winner pitched like a starter that belonged in the front half of a playoff rotation as recently as 2023, and it’s hard to bet against Verlander’s pedigree.

Before Verlander can get to work with San Francisco, he’ll need to be officially added to the 40-man roster. That could happen as soon as today, and when it does the Giants will need to clear a roster spot. The most common way for clubs to do this is by simply designating a player for assignment, though occasionally clubs will work out a trade to clear that 40-man spot.

2. Are more extensions on the way?

Yesterday, the Rays hammered out an extension with right-hander Drew Rasmussen. The deal, which guarantees Rasmussen $8.5MM, covers his final two years of arbitration and includes a club option for the 2027 season — what would’ve been his first free-agent season. It’s a deal that was surely helped along by the impending deadline for players and teams to exchange figures ahead of arbitration hearings. The majority of arbitration-level players typically agree to deals before that deadline in order to a hearing, which makes the days leading up to that deadline a natural time for clubs to discuss longer-term extensions with players. With that deadline set to arrive tomorrow, it’s possible — if not likely — that we’ll see other extensions over the next day and a half. At the very least, there should be some early one-year agreements today.

3. Players in DFA Limbo:

We’re officially one week into 2025, which means that players who were designated for assignment while the MLB league offices were closed for the holidays should finally reach their long-awaited conclusion (though it’s worth noting that the rules surrounding the holiday freeze for players in DFA limbo are fairly nebulous in nature). It’s a situation that currently applies to three players: infielder Braden Shewmake, who was DFA’d by the White Sox on New Year’s Day; righty Hagen Danner*, who was designated by the Blue Jays back on Dec. 20; and left-hander Bailey Horn, who was DFA’d by the Tigers over the holidays to make room for the Gleyber Torres signing. At this point, the window for these players to be traded appears to have passed. Each figures to have already been exposed to waivers. The next step in the process for is to either clear waivers, providing their clubs the opportunity to outright them to the minors as non-roster depth, or be claimed by a new club and retain a 40-man roster spot in another organization.

*We initially and mistakenly omitted Danner from the original list of players in limbo. 

Rays Sign Drew Rasmussen To Extension

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The Rays finalized a two-year extension with right-hander Drew Rasmussen on Tuesday afternoon. The Beverly Hills Sports Council client is guaranteed $8.5MM for what would have been his final two arbitration years. The deal includes a 2027 club option that has a base value of $8MM.

He will receive a $500K signing bonus, a $2MM salary next season, and a $5.5MM salary in 2026. The option comes with a $500K buyout. Various escalators could increase the option value by another $12MM. The price could increase anywhere between $1.5MM and $6MM based on Rasmussen’s health over the next two seasons. He could unlock another $6MM based on his start totals in 2026: $500,000 for eight starts, $750,000 for 12, $1MM each for 16 and 20, $1.25MM for 24 and $1.5MM for 28.

Ramussen, 29, missed the bulk of the 2023-24 seasons recovering from an internal brace procedure to repair the ulnar collateral ligament in his right elbow. That surgery tamped down his workload in both seasons as well as his expected price tag in arbitration. MLBTR contributor Matt Swartz projected a modest $2MM salary for the talented righty in the upcoming season. By virtue of his salary and that signing bonus, he’ll top that sum under this new multi-year arrangement while also sacrificing a year of free agency to lock in some immediate earnings.

It’s an understandable trade-off for Rasmussen, who didn’t get a full look in a big league rotation until his age-26 season (2022) and has since missed ample time due to injury. A sixth-round pick of the Brewers back in 2018, Rasmussen signed for just a $135K bonus and didn’t make his big league debut until 2020. In total, he’s earned under $4MM in his career thus far.

Rasmussen was traded from Milwaukee to Tampa Bay in the 2021 deal that sent Willy Adames to the Brewers. He was sharp down then stretch in a hybrid role for Tampa Bay but had a full-fledged breakout in 2022, That season, Rasmussen pitched a career-high 146 innings and turned in a 2.84 earned run average with a slightly below-average 21.4% strikeout rate against a terrific 5.3% walk rate. He kept the ball on the ground at a strong 46.6% clip. Rasmussen averaged 95.5 mph on his heater, deftly avoided hard contact and recorded a 12.1% swinging-strike rate that suggested more punchouts could be in the tank down the road.

That indeed looked to be the case early in 2023, too. Rasmussen notched an even better 2.62 ERA but saw his strikeout rate spike to 26.6%. He maintained plus command (6.2%) and also saw his ground-ball rate surge to 52.6% — an increase of six percentage points over the prior season. For a span of 36 starts from 2022-23, Rasmussen pitched like a genuine No. 1 or 2 starter — a clear playoff arm who could pitch near the front of any rotation.

Injuries, however, had other ideas for the talented righty. The Rays announced on July 8, 2023 that Rasmussen would require surgery. He wound up missing 13 months of action, returning to a big league mound on Aug. 7 of this past season. The Rays used him primarily as a reliever. He “started” four games but did so throwing only two innings apiece and working as an opener. The results, however, were excellent. In 28 2/3 frames, Rasmussen posted a 2.83 ERA, 30.2% strikeout rate, 5.2% walk rate and 53.3% grounder rate.

The plan now is for Rasmussen to return to the rotation. He’ll join Shane McClanahan (returning from Tommy John surgery), Ryan Pepiot, Taj Bradley, Shane Baz and Zack Littell in a very talented mix of arms. Each of McClanahan, Rasmussen and Baz could face some form of workload limitations, as Baz has yet to pitch a full season since returning from his own ligament surgery in 2022 — though he did pitch 118 2/3 innings combined between Triple-A and the majors in 2024.

For the Rays, there’s little to no impact on their 2025 budget. Rasmussen will only earn a nominal $500K more than his projected arbitration price, thanks to that signing bonus. They’ll also lock in the right-hander’s 2026 salary, gaining some cost certainty. It’s possible that Rasmussen could’ve outpaced that $5.5MM salary in arbitration with a big year, but likely not by much, given the low platform from which he’d be starting. The concession for locking in that ’26 salary is giving up a would-be free-agent season — his age-31 year. So long as he’s healthy, that option will pay him at least $8MM, though with good health there’s a good chance it’ll be a fair bit higher.

While it’s not quite to the same scale as the Rays’ extension with former ace Tyler Glasnow, there are some parallels here. Tampa Bay is putting down some guaranteed money on a talented but oft-injured righty. Glasnow’s $25MM salary in the final season of his own extension was guaranteed, whereas Rasmussen will have to remain healthy to push close to that number. Still, it’s a potentially weighty salary by the Rays’ standards, and one that could render Rasmussen a trade candidate down the road. The extension gives the Rays some extra control over a potential frontline arm but also a viable trade candidate down the road. It’s perhaps cynical to point out the manner in which an extension boosts a player’s trade value in the immediate aftermath of the agreement, but the Rays have a track record of operating in this manner.

For the time being, Rasmussen will head into the season as a locked-in member of a deep and talented rotation. The Rays haven’t done much to improve their middling lineup — though Danny Jansen provides a potential notable upgrade behind the plate. Rather, they’ll apparently hope for big strides from ballyhooed third baseman Junior Caminero and rebounds from Josh Lowe and Christopher Morel, both of whom experienced notable drops at the plate following very productive 2023 campaigns.

Marc Topkin of the Tampa Bay Times first reported that the Rays and Rasmussen were nearing a two-year, $8.5MM extension with an $8MM option for 2027. Topkin reported the presence of escalators in the option, which The Associated Press specified.

Reds Hire Simon Mathews As Assistant Pitching Coach

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The Reds informed reporters (including Gordon Wittenmyer of the Cincinnati Enquirer) that they’ve hired Simon Mathews as assistant pitching coach. That is expected to round out Terry Francona’s first staff in Cincinnati.

Mathews, 29, pitched at Georgetown and Temple. He spent three years pitching in the Angels system before moving into coaching. Mathews has worked for the Reds since 2021, including the last two seasons as the organization’s assistant coordinator of rehabilitation and pitching initiatives. This is his first MLB coaching assignment.

He’ll work as an assistant under seventh-year pitching coach Derek Johnson. Cincinnati lost their previous assistant pitching coach, Alon Leichman, who took the same position with the Marlins last month.

Bob Veale Passes Away

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Two-time All-Star Bob Veale passed away, the Pirates announced on Tuesday. He was 89.

Veale, a Birmingham native, signed with the Pirates out of college in 1958. He spent parts of five seasons in the minors before cracking the big league roster in ’62. Veale worked mostly out of the bullpen during his first full major league season the following year. He turned in a 1.04 ERA across 77 2/3 innings to get a full-time rotation role heading into 1964.

The 6’6″ southpaw had a dominant first season as a starter. He started 38 of 40 games and worked to a 2.74 ERA over 279 2/3 innings. Veale won 18 games and led the majors with 250 strikeouts. He maintained a similar pace for the next few seasons. Veale made consecutive All-Star teams in 1965 and ’66. He struck out a career-best 276 hitters while turning in a 2.84 ERA with a 17-12 record in 1965. He won another 16 games while recording 229 strikeouts across 268 1/3 innings the following year.

Veale was among the top handful of pitchers over that three-season stretch. He ranked sixth in the majors — trailing only Hall of Famers Don Drysdale, Jim Bunning, Sandy Koufax, Juan Marichal and Bob Gibson — in innings between 1964-66. Koufax was the only pitcher to strike out more hitters. Veale ranked in the top 15 in earned run average among pitchers with at least 400 innings.

While he didn’t quite maintain that pace into his early 30s, Veale remained a productive pitcher throughout the decade. He topped 200 innings with a sub-4.00 ERA in each season between 1967-70. Veale turned in a 2.05 earned run average — his best mark as a starter — across 245 1/3 frames in 1968. That was the 10th-best mark in MLB (minimum 150 innings) even in the so-called Year of the Pitcher. Veale never had great command — he led the National League in walks in four of the five seasons between ’64 and ’68 — but he had some of the game’s best swing-and-miss stuff during his heyday.

Veale’s production dropped sharply in 1971. He was moved to the bullpen and allowed nearly seven earned runs per nine. While it wasn’t a good season individually, the Bucs knocked off the Orioles in a seven-game World Series. Veale made one playoff appearance, giving up a run in two-thirds of an inning. Pittsburgh released him the following year. Veale signed with the Red Sox and worked out of the Boston ’pen through 1974 before retiring. He’d work as a pitching coach in the Braves and Yankees farm systems after his playing days.

Over an MLB run that spanned parts of 13 seasons, Veale threw 1926 innings. He finished with a 3.07 earned run average while striking out more than 1700 hitters. His 1652 punchouts in a Pittsburgh uniform rank him second in franchise history, trailing only his former teammate Bob Friend. Veale won 120 games and picked up 21 saves during his late-career run as a reliever. MLBTR sends our condolences to his family, friends and loved ones.

Sale Of Twins Could Be Reached By Opening Day

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In October, Twins owner Joe Pohlad announced that his family was exploring a sale of the franchise. The Pohlad family has owned the Twins for 40 years, so the sale process set the stage for a monumental change for the organization. That could seemingly move quickly.

Dan Hayes of The Athletic reports that there’s robust interest from potential buyers. Hayes suggests that a sale agreement could be in place as soon as Opening Day. He notes that MLB has already begun vetting interested parties and will drill down on certain candidates as the process nears its conclusion.

The identities of most of those suitors are unknown. Bloomberg reported last month that Justin and Mat Ishbia, owners of the Phoenix franchises in the NBA and WNBA, were interested in the Twins. While Mat Ishbia is the majority owner of the basketball teams, Justin Ishbia would get the bulk of the ownership stake in the Twins if the family submits the winning bid.

They’re clearly facing some level of competition. One family that does not seem to be in the mix: the Wilfs, owners of the NFL’s Vikings. Mark Wilf tells Ben Goessling of the Minnesota Star-Tribune that they “have (their) hands full with the Vikings, in a good way.” Wilf acknowledged that he’d “always discuss those things” when an opportunity like the Twins presented itself but downplayed the idea of getting involved in the bidding.

In any case, Hayes reports that the Pohlads are planning to sell the franchise in full to whomever ends up as the purchaser. A new ownership group would assume control as soon as the sale is approved by Major League Baseball, which requires a 75% vote from the league’s other ownership groups. That should eventually impact the spending capacity available to the front office, but it’s not likely to affect this offseason. Minnesota has done nothing in free agency and has signaled that they’re working with little financial margin unless they shed money in trade.

The most recent franchise to be sold was the Orioles, which a David Rubenstein-led group bought from the Angelos family for $1.725 billion last January. Forbes valued the Twins at $1.46 billion last year. The Pohlad family paid $44 million to purchase the franchise in 1984.

Padres, Luis Patino Agree To Minor League Deal

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The Padres have re-signed Luis Patiño to a minor league contract, as reflected on the MLB.com transaction log. Mad Friars first reported the agreement last month.

Patiño, 25, underwent Tommy John surgery in April and missed the entire ’24 season. San Diego kept him on the 60-day injured list during the season and opted not to tender him a contract in November. Patiño’s projected $800K arbitration salary was barely above the MLB minimum. San Diego didn’t want to keep him on the 40-man all winter, though, so they sent him to free agency. They succeeded in bringing him back without dedicating a roster spot.

The timing of the surgery means that Patiño is unlikely to be ready for game action until at least the halfway point next season. He’ll be able to build into shape at various minor league levels before presumably heading to Triple-A El Paso. The Colombian-born righty has a 5.12 ERA across 123 Triple-A frames. He has appeared in parts of four MLB seasons between the Padres, Rays and White Sox. Patiño carries a 5.02 ERA over 136 1/3 major league innings. He owns a 20.2% strikeout rate and has issued walks to 11.4% of opponents.

While Patiño has yet to find sustained success at either the major league or Triple-A level, he was once considered one of the sport’s most talented pitching prospects. He was arguably the headliner of the four-player package that San Diego sent to the Rays for Blake Snell. The Friars brought Patiño back via waivers last offseason. He is out of options, so if the Padres call him up once he gets healthy, they’d need to keep him in the majors or expose him to waivers.

Red Sox Showing Interest In A.J. Minter

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The Red Sox have had multiple conversations with free agent reliever A.J. Minter this offseason, writes Chris Cotillo of MassLive. Cotillo lists a few other relievers with whom the Sox have had discussions: Carlos Estévez, Tommy Kahnle and Andrew Kittredge. However, he suggests that Boston could be on the periphery of the Estévez market and that “nothing has heated up” in their conversations with Kahnle.

Minter has been linked to the Blue Jays, Rangers and Cubs in recent weeks. Texas has already made a handful of bullpen signings, including last night’s one-year deal with former Boston righty Chris Martin. The Jays and Cubs should still be involved in the relief market. During the season, Minter had expressed some interest in returning to the Braves, though it’s not clear how seriously Atlanta has pushed for a reunion.

The 31-year-old has been one of the game’s more reliable lefty setup arms during his career. Between 2020-23, he combined for a 2.89 earned run average while striking out more than 30% of opposing hitters in more than 200 innings. Minter’s platform year was a little more questionable. He still managed good numbers, turning in a 2.62 ERA with a solid 26.1% strikeout rate. Left hip issues limited him to 39 appearances, though. He underwent surgery that ended his season in the middle of August.

Minter could be ready early in the year, so the injury should not be too detrimental to his market. That said, it may limit him to two years when he seemed on track for a three-year pact earlier in 2024. At the beginning of the offseason, MLBTR predicted a two-year, $16MM deal.

The relief market has moved slowly. Boston’s $10.75MM deal with Aroldis Chapman is one of four eight-figure reliever contracts thus far. The Sox also brought in Justin Wilson on a one-year deal at a low cost ($2.25MM). Minter would complete a trifecta of new southpaws in Alex Cora’s late-inning mix.

Kahnle is a righty who generally fares better against left-handed hitters. That’s a reflection of how often he uses his changeup. Kahnle turned to the “offspeed” pitch more than 70% of the time last season. It’s tough to argue with the results, as he turned in a 2.11 ERA while striking out more than a quarter of opponents across 42 2/3 innings for the Yankees. Kittredge, a righty who leans on his slider roughly half the time, is coming off a strong season for the Cardinals. The 34-year-old worked 70 2/3 innings of 2.80 ERA ball with a league average 23.3% strikeout rate.

Brian Matusz Passes Away

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Former Orioles pitcher Brian Matusz has passed away at age 37, reports Roch Kubatko of MASNsports.com.

Matusz, a left-hander, starred at the University of San Diego. The Orioles drafted him fourth overall in 2008. The 6’5″ hurler reached the majors by the end of his first full professional season. He took a full slate of 32 turns through the rotation the following year. Matusz posted a 4.30 earned run average across 175 2/3 innings and finished fifth in AL Rookie of the Year balloting.

After running into some struggles over the next two seasons, Matusz moved to the bullpen. He tossed around 50 innings with an ERA of 3.53 or better in each season between 2013-15. Baltimore traded Matusz to Atlanta early in the ’16 season. The Braves released him without getting him into a game, but he returned to the majors with the Cubs later in the year. Matusz finished his career with stints in Triple-A, Mexico and independent ball.

Over parts of eight seasons, Matusz pitched to a 4.92 ERA through 528 2/3 innings. He won 27 games and recorded 462 strikeouts. He started 69 of his 280 MLB appearances. MLBTR sends our condolences to Matusz’s family, friends and former teammates.

Yankees Interested In Brendan Rodgers

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The Yankees are known to be looking for infield help and Bob Nightengale of USA Today relays that they have had discussions with free agent Brendan Rodgers, though it’s unclear when those talks took place or how serious they were.

Rodgers, 28, came up with a huge amount of prospect hype but he hasn’t been able to deliver on it thus far. The Rockies selected him with the third overall pick in the 2015 draft and he was the club’s top prospect for a while after that. Baseball America ranked him first in the system and in the top 25 prospects league-wide from 2017 to 2020.

In 2021 and 2022, Rodgers seemed to be cementing himself as a capable major leaguer, though something below a star. Over those two seasons, he put up a solid slash of .274/.326/.434, though that only amounted to a 95 wRC+, with that measure accounting for the hitter-friendly nature of Coors Field. Despite the subpar offense, Rodgers got strong marks for his second base defense, leading FanGraphs to credit him with a combined 3.1 wins above replacement over those two years.

Baseball Reference was even more bullish, giving Rodgers 4.3 WAR in 2022 alone. That discrepancy is due to BR using Defensive Runs Saved for its WAR, while FanGraphs uses a combination of Statcast and Ultimate Zone Rating. Rodgers had 3 OAA in 2022 but a massive 22 DRS, which is why the WAR tallies are so lopsided. But his DRS grade has been negative over the rest of his career, so that looks like a clear outlier.

Regardless of how Rodgers was evaluated at that time, he hasn’t been at that level since. He suffered a dislocated shoulder during spring training in 2023 and required surgery. He got into 46 games late that year but didn’t perform well, slashing .258/.313/.388 for a 78 wRC+. In 2024, he improved but not by much, producing a .267/.314/.407 line and 88 wRC+.

If one wanted to find a reason for optimism, they could look to Rodgers improving as the season went along. He hit .262/.306/.383 for a wRC+ of 79 in the first half and then .275/.325/.441 in the second half for a 100 wRC+, though that latter line was mostly buoyed by a huge August, as he had poor results in July and September.

Both in 2024 and in his career, the righty-swinging Rodgers has been better against lefties. He slashed .311/.364/.455 against southpaws last year for a 117 wRC, not far off from his career line of .298/.359/.484 and 120 wRC+ in that split. That could perhaps allow him to form a platoon with Jazz Chisholm Jr., who swings from the left side and has a line of .224/.281/.364 against southpaws in his career for a 76 wRC+.

The Rockies could have retained Rodgers for 2025, with MLBTR contributor Matt Swartz projecting him for a salary of $5.5MM, but the Rockies opted to non-tender him instead. That means that Rodgers will be cheap, which is surely attractive to the Yankees. They came into the offseason with a number of big contracts already on the books and have since swelled their commitments by adding Max Fried, Cody Bellinger and Paul Goldschmidt.

RosterResource puts the Yankees’ competitive balance tax number at $303MM, which is already above the fourth and final tier of $301MM. As a third-time payor, the Yanks will be taxed at a 110% rate on any further spending. They are reportedly shopping Marcus Stroman, which could lower their commitments, but they would still have one of the top payrolls in the league.

The fact that Chisholm can play either second or third base gives the Yanks some flexibility in how they add to their infield in the coming weeks but the top options at the hot corner will be expensive. Alex Bregman is available in free agency but is looking for a big nine-figure deal of some kind. Nolan Arenado is available in trade but the Cards are reportedly looking to get rid of most of what remains of his contract.

Rodgers is less exciting than those guys but will be far cheaper and seems capable of at least being a short-side platoon guy. He’s also still young and a former top prospect, so there could be some possibility of a late-bloomer breakout.

Astros Sign Zack Short To Minor League Deal

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The Astros have signed infielder Zack Short to a minor league deal, according to his MLB.com transaction tracker. Chandler Rome of The Athletic has confirmed the deal for the ACES client and that it comes with an invitation to big league camp.

Short, 30 in May, has appeared in parts of the past four major league seasons. He has generally served as a light-hitting utility player, mostly with the Tigers. He was put on waivers by Detroit last winter and ended up bouncing to the Mets, Red Sox and Atlanta, with that last club outrighting him off their roster in July.

He has 538 major league plate appearances to this point in his career. He has drawn a walk in 12.3% of those but also been struck out at a 28.6% clip. He has hit 13 home runs but produced a .167/.269/.287 slash line for a 57 wRC+, indicating he’s been 43% worse than league average overall.

As one would expect, his minor league production has been far better. He has stepped to the plate 966 times at the Triple-A level over the past four years. His 26.4% strikeout rate in that sample is still high but he also has a 16.4% walk rate and 25 home runs, leading to a combined .225/.361/.383 batting line and 102 wRC+.

If Short were capable of hitting like that against major league pitching, it could make him a useful player, since he already provides defensive versatility. He has over 300 innings of big league work at the three infield spots to the left of first base, as well as occasional outfield appearances. Bridging the gap between his major league offense and his minor league production could turn him into a solid bench/utility guy.

The Astros currently project to have a left-to-right infield of Isaac Paredes, Jeremy Pena, Jose Altuve and Christian Walker. They could have Mauricio Dubón in a utility role, but he might need to spend more time in the outfield, depending on how the club attacks that part of the roster in the coming weeks. Shay Whitcomb and Zach Dezenzo are other options on the 40-man roster.

Short burned his final option year in 2023, which is why he ended up bouncing around the league last year. That will make it hard for him to hang onto a roster spot even if he gets one. But he’s still shy of three years of service time, meaning he could be cheaply retained beyond the 2025 season if he manages to finish the year on the roster.

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