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Latest On Financial Dispute Between Nationals And Orioles, MASN

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The Mid-Atlantic Sports Network (MASN) is co-owned by the Orioles and Nationals, although the Orioles have a controlling stake. Since the network was established in 2005, the two clubs have regularly fought over how much money the Nationals should receive in rights fees each season. These disagreements have led to several court battles over the years.

Earlier this week, the Nationals filed a petition with the Supreme Court of New York, requesting that the court confirm a decision from MLB’s Revenue Sharing Definitions Committee. The committee found that the Orioles and MASN owe the Nationals approximately $320.5MM in TV rights fees to cover the 2022-26 seasons (per Matt Weyrich of The Baltimore Sun). That would mean around $203.9MM in backpay for the past three seasons ($72.8MM for 2022 and ’23 and $58.3MM for ’24) and another $58.3MM in 2025 and ’26. To put those numbers in context, RosterResource estimates the Nationals spent around $130MM on player payroll in 2024.

As Weyrich points out, a quick resolution to this petition would mean the two clubs will be in agreement on a deal that holds for multiple years to come for the first time since 2012. As for whether or not the two sides will be able to stay out of court in 2027 and beyond? That remains to be seen. Orioles majority owner David Rubenstein previously spoke about his desire to move these discussions “away from the lawyers” but stopped far short of making any promises. “I don’t have an easy answer yet,” he said. “If it was easy, it would have been resolved” (per Weyrich).

The Nationals have been active this offseason, trading for Nathaniel Lowe, signing Josh Bell and Michael Soroka, and re-signing Trevor Williams. However, they have not made the kind of big splash (or even medium splash) that some thought they’d make this winter. With a projected 2025 payroll that is still $22MM below last year’s final figure and the possibility of more financial certainty if this $320.5MM agreement is confirmed, perhaps the Nationals will continue adding this offseason to supplement a roster full of talented but unproven young players.

The Opener: Kim, White Sox, White

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As the first weekend of 2025 approaches, here are three things we will be keeping an eye on around baseball:

1. Hyeseong Kim’s deadline to sign is fast approaching:

We don’t mean to sound like a broken record, but there’s a good reason why Hyeseong Kim is back at the top of The Opener for a second day in a row. The KBO star was posted last month, and his negotiating window officially opened on December 5, giving him 30 days to sign a contract with an MLB team. He now has less than eight hours remaining before his posting window closes this afternoon at 4:00 PM CT.

MLBTR ranked Kim at no. 26 on our Top 50 Free Agents list this winter, predicting he’d sign a three-year, $24MM deal. However, his name hasn’t come up in many rumors or reports since he was posted. If Kim does not sign today, he will return to his KBO team, the Kiwoom Heroes, for the 2025 season. As Jeeho Yoo of Yonhap News points out, Kim will be an unrestricted free agent next offseason, which means he won’t need to be posted a second time if he wants to pursue an MLB career. That could improve his chances of inking a deal. Not only will he have more time to negotiate, but his new team won’t be forced to pay a release fee to sign him.

2. White Sox 40-man move incoming:

The White Sox have a full 40-man roster, which means they’ll need to make space for Josh Rojas before they can finalize his signing. The free agent infielder reportedly agreed to terms on a one-year contract with Chicago on Thursday, but the team has yet to confirm the news. Financial details of the deal are something else to keep an eye out for this weekend – as of today, they have not been reported.

Earlier this week, the White Sox traded for left-handed Tyler Gilbert and designated infielder Braden Shewmake for assignment to make room on the roster. Thus, their 40-man is currently quite pitching heavy, featuring 24 arms and just 16 position players. With that in mind, it seems more likely the White Sox will cut a pitcher to free up space for Rojas.

3. Owen White’s DFA resolution:

After signing free agent reliever Hoby Milner, the Rangers DFA’d former top prospect Owen White to make room on the 40-man roster. Since then, White has been waiting in limbo. Typically, teams have seven days to resolve a DFA, but that timeline can be extended during the period between Christmas and New Year’s Day. Now that the holiday season is over, however, the Rangers will have to trade White or place him on waivers, presumably before the end of the weekend.

Which Teams Can Still Use Nolan Arenado?

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The Cardinals expected to have traded Nolan Arenado by now. President of baseball operations John Mozeliak suggested at the Winter Meetings that a deal could come together within a week or two. That probably would've been the case had the eight-time All-Star not used his no-trade clause to kill talks about a move to the Astros.

That leaves St. Louis in an awkward position. They've publicly shopped Arenado. He's seemingly amenable to waiving his no-trade clause in certain circumstances. For whatever reason, he wasn't interested in going to Houston last month. Subsequent reporting indicated he could consider the Astros in the future, but the team moved on to Christian Walker almost immediately and no longer needs a corner infielder. The Cardinals need to look elsewhere.

Will Sammon and Katie Woo of the Athletic reported this week that there's been minimal traction on an Arenado trade since the Houston talks collapsed. The Yankees, long a speculative fit, are apparently not as interested as it first seemed. The YES Network's Jack Curry pushed back against that notion last week. Jon Heyman also suggested in a Bleacher Report live stream yesterday that the Yankees were more likely to stick with DJ LeMahieu than to go after Arenado.

Where does that leave Mozeliak and company?

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Trevor Williams To Open Season In Nationals’ Rotation

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The Nationals brought Trevor Williams back on a two-year, $14MM free agent deal this week. The veteran righty spoke with the Washington beat (including Spencer Nusbaum of the Washington Post and Mark Zuckerman of MASNsports.com) this afternoon and indicated he’ll be part of Dave Martinez’s rotation.

While that’s not surprising in isolation, it potentially sets up a camp battle if Washington sticks with a five-man staff. They signed righty Michael Soroka to a $9MM deal to work as a starter. The Nats are also bringing back four pitchers who started at least 19 games last season: Jake Irvin, MacKenzie Gore, Mitchell Parker and DJ Herz.

All four of those returning arms had productive campaigns. Gore is a former top prospect who posted a 3.90 earned run average while striking out nearly a quarter of opponents across 32 starts. He’ll certainly be in the rotation. Irvin led the team with 187 2/3 innings and turned in a 4.41 ERA with decent underlying metrics. The 27-year-old righty did seem to wear down in the second half, as he allowed a near-6.00 ERA after taking a 3.49 mark into the All-Star Break. He still seems likely to be a starting pitcher himself.

If Washington wanted to begin the year with a five-man staff, that could leave Parker and Herz battling for a job if everyone comes through Spring Training healthy. Herz showed more swing-and-miss ability, fanning nearly 28% of opponents with a 12.9% swinging strike rate in 19 starts as a rookie. The southpaw’s 9.4% walk rate was the highest of any of Washington’s starters, though. Herz has had far more worrisome walk numbers in the minors, including a massive 19% clip over 10 Triple-A starts last year.

Parker, 25, profiles as a steadier back-end arm. He made 29 starts during his debut campaign and turned in a 4.29 ERA through 151 innings. He struck out 20.6% of opponents against a tidy 6.7% walk percentage. Parker doesn’t throw quite as hard as Herz does and doesn’t miss bats at the same rate, but he looks the part of a league average starter.

Washington used a six-man rotation when Williams returned from injury late last season. Patrick Corbin, who is now a free agent, was on hand in the role that Soroka would play this year. That’d be the simplest solution if all six starters are available on Opening Day. Each of Gore, Irvin, Parker and Herz have minor league options, though, so the Nats could send anyone from that group to Triple-A if they wanted to move to a five-man staff.

Prospect Cade Cavalli will be in the mix after missing nearly two full seasons recovering from Tommy John surgery. Nusbaum writes that Cavalli, who made his big league debut with one start in 2022, is likely to open the year in the minors. That’s designed to allow the team to monitor his workload since he has only thrown 8 1/3 minor league innings over the last two years. Cavalli is expected to factor into the MLB staff at some point in the season.

Details On Corbin Burnes Contract

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The Diamondbacks finalized their shocking six-year free agent deal with Corbin Burnes on Monday. The former Cy Young winner signed a $210MM contract, though deferrals in the $60MM range were known to have knocked down the net present value to an extent.

Jon Heyman of the New York Post reports the deal’s specific breakdown. The contract officially contains $64MM in deferred money. Burnes will collect a $10MM signing bonus up front, which was first reported by USA Today’s Bob Nightengale. $10MM of his $30MM salaries over the next two seasons will be deferred. If he does not trigger an opt-out clause after the ’26 season, he’d be due $35MM annually between 2027-30. $11MM of those salaries will be deferred. According to Heyman, the contract comes with a net present value of roughly $193.76MM.

Burnes will be able to opt out with four years and $140MM remaining. Whether he does so will determine when he receives the deferred money. According to the Associated Press, Burnes would be owed either $10MM or $11MM installments between 2031-36 if he does not trigger the out clause. If he does opt out, he’d receive a pair of $10MM payments after the 2027 and ’28 seasons. (There’d only be $20MM in deferrals if he opts out after two years.) Burnes has full no-trade rights for the first two years. That would drop to a 14-team no-trade list for the final four seasons if he doesn’t opt out, per the AP.

Arizona now has a projected rotation featuring Burnes, Zac Gallen, Merrill Kelly, Brandon Pfaadt and Eduardo Rodriguez. Righty Ryne Nelson has pitched well enough to hold a rotation job as well, so the Snakes could consider a six-man starting staff to open the year. Even that wouldn’t leave room for Jordan Montgomery, whose $22.5MM salary the D-Backs would be happy to offload. Nick Piecoro of the Arizona Republic reported shortly after the Burnes agreement that the Snakes were not on the verge of any rotation trades. That’ll remain a major storyline for the club over the next couple months.

Rockies Hire Scott Oberg As Pitching Coordinator

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The Rockies are hiring former reliever Scott Oberg as a minor league pitching coordinator, reports Patrick Saunders of the Denver Post. It’s the first full-time instructional position for the 34-year-old since his retirement as a player in 2023.

Oberg has been something of an unofficial coaching presence in Colorado for a couple seasons. He has worked as a part-time consultant for the team’s minor league affiliates and their MLB staff. That served as a trial run for what was always envisioned as a larger coaching or player development role in the long term.

The relationship between the Rockies and Oberg stretches well beyond a decade. Colorado drafted him out of UCONN in the 15th round in 2012. It was an excellent pick, as the righty reached the majors three years later and spent a half-decade in the Colorado ’pen. He posted consecutive sub-3.00 ERA seasons in 2018 and ’19 and was a key high-leverage piece for skipper Bud Black.

Colorado signed Oberg to a $13MM extension over the 2019-20 offseason. Unfortunately, his playing career would come to a close before he could throw another MLB pitch. Recurring blood clots and thoracic outlet syndrome in his throwing arm made it impossible for Oberg to play again. He worked in Colorado’s scouting department to provide some off-field value over the life of that contract. He announced his retirement when it expired.

Saunders notes that Oberg has earned a master’s degree in sports management from Georgetown since retiring as a player. Given his strong relationship with the Colorado front office and coaching staff, there’s a good chance he’ll move quickly up the team’s pitching development ranks in the next few seasons.

Brewers Acquire Grant Anderson

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The Rangers announced they’ve traded reliever Grant Anderson to the Brewers for minor league pitcher Mason Molina. Milwaukee designated left-hander Tyler Jay for assignment to open a 40-man roster spot, according to Curt Hogg of the Milwaukee Journal-Sentinel.

Texas had designated the 27-year-old Anderson for assignment earlier in the week when they finalized the Joc Pederson deal. The low-slot righty has made 49 MLB appearances for the Rangers as an up-and-down reliever. His major league work hasn’t been great, as he has allowed 6.35 earned runs per nine over 62 1/3 innings. Anderson’s respective strikeout (21.5%) and walk (8.8%) rates aren’t far off league average. He has had massive home run issues, though, giving up 16 longballs (2.31 per nine innings) in his major league career.

That hasn’t been as big a problem in the minors. Anderson didn’t allow a single homer over 27 2/3 Triple-A innings this year. He fanned 28.3% of minor league opponents and turned in a sub-3.00 ERA in the Pacific Coast League. Anderson has a 3.87 mark over parts of three seasons for the organization’s top affiliate in Round Rock.

Anderson still has a minor league option remaining, so Milwaukee can keep him at Triple-A Nashville for another season. The Brewers have Trevor Megill, Joel Payamps, Nick Mears and Jared Koenig locked into the Opening Day bullpen. Milwaukee could carry Rule 5 pick Connor Thomas in long relief. That’d only leave a couple ’pen spots up for grabs if everyone is healthy, so the flexibility afforded by the option is valuable.

Milwaukee acquired Jay from the Mets in July. The 30-year-old southpaw was limited to two MLB appearances after the deal. He tossed three scoreless innings with three walks and strikeouts apiece. Jay had pitched five times for New York earlier in the year, his first taste of big league action.

A former top 10 pick of the Twins, Jay has spent seven seasons in the minor leagues. He had a productive year in Triple-A between the New York and Milwaukee systems, combining for a 3.02 earned run average through 56 2/3 innings. He struck out a slightly below-average 20.5% of opponents while showing excellent control (5.1% walk rate). Milwaukee will trade Jay or put him on waivers within the next five days.

Molina, 21, was Milwaukee’s seventh-round pick last summer. The Arkansas product threw five scoreless innings in Low-A during his initial professional action. The 6’2″ lefty had turned in a 4.47 ERA over 15 appearances (13 starts) for the Razorbacks in his junior season. Baseball America wrote at the time of the draft that Molina’s 89-90 MPH fastball plays above its velocity because of its life at the top of the zone. Molina’s command is a work in progress. He’s a low minors developmental flier for the Rangers.

Jeff Hoffman Reportedly Seeking Deal In Same Range As Clay Holmes’s

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While free agent starting pitchers have done quite well for themselves this winter, free agent relievers aren’t exactly flying off the shelves. To that point, only two relievers from MLBTR’s Top 50 Free Agents list have signed so far, and both of them joined their new teams to be starting pitchers: Clay Holmes and Michael Soroka. It was particularly interesting to see Holmes sign as a starter. For one thing, he hasn’t started a game since his rookie season in 2018. What’s more, he has been one of the top relievers in the game over the past four seasons, pitching to a 3.05 ERA and 2.83 SIERA with 74 saves in 264 appearances. He was an All-Star in 2022 and ’24.

Jeff Hoffman is one of the aforementioned unsigned relievers from MLBTR’s Top 50 list. Like Holmes, he’s coming off an All-Star season out of the ’pen, but he is reportedly drawing interest as a starting pitcher. Indeed, ESPN’s Jeff Passan reported in mid-December that Hoffman had received “more interest from teams” as a starter. That helps explain why Hoffman seems to have set his sights on a deal in the same range as the three-year, $38MM contract Holmes landed from the Mets, according to Matt Gelb of The Athletic.

It’s not hard to understand why Hoffman would compare himself to Holmes. They’re both right-handed relievers with closing experience, and they’re less than three months apart in age. Then again, while Holmes has a longer track record of success, most metrics suggest Hoffman has been the better pitcher since he broke out as a high-leverage reliever partway through the 2023 campaign. In particular, he’s coming off a stronger 2024 season in almost every single statistical category, including strikeout rate, walk rate, innings pitched, ERA, SIERA, and all versions of WAR.

That’s precisely why MLBTR ranked Hoffman ahead of Holmes on our Top 50 list, predicting a four-year, $44MM contract for the former and a three-year, $30MM deal for the latter. Considering that Holmes was able to beat his predicted contract by $8MM, one might have thought Hoffman would be seeking even more – perhaps something closer to the four-year, $56MM deal we initially predicted for fellow free agent reliever Tanner Scott.

However, Hoffman and his agents have now had a couple of months to gauge interest on the open market, and one wonders if he’s discovered that teams aren’t valuing him significantly more than they valued Holmes. After all, it doesn’t seem as if the Mets vastly outbid every other suitor for Holmes’s services. Mere hours before he signed, Jayson Stark of The Athletic reported that Holmes was still choosing between numerous offers and that he had been in negotiations with several contending teams. Maybe one of those suitors could pivot to Hoffman instead, especially if he’s seeking a similar deal.

The Phillies were one of those contending clubs. They are also the only team that has been formally linked to Hoffman this offseason. Yet, after adding reliever Jordan Romano, starter Jesús Luzardo, and swingman Joe Ross, they’re almost certainly out on Hoffman.

Evidently, Hoffman has other suitors, but it’s not yet clear who they are. Other teams that were reportedly in on Holmes include the Orioles, Red Sox, and Blue Jays. The Orioles were interested in Holmes as a starter, but they’ve since signed Tomoyuki Sugano, likely filling that hole. The Blue Jays, meanwhile, were interested in Holmes as a reliever, and they have since signed Yimi García. It’s harder to say if that would preclude them from pursuing Hoffman. As for the Red Sox, it’s unclear if they wanted Holmes as a starter or a reliever, but it’s worth noting that they have added three starters since they were linked to Holmes (Garrett Crochet, Walker Buehler, and Patrick Sandoval), and they already have two potential closers at the back of their bullpen (Liam Hendriks and Aroldis Chapman).

Royals Re-Sign Austin Cox To Minors Contract

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The Royals have signed Austin Cox to another minor league contract. After electing free agency in November, the left-hander will return to the only MLB organization he’s known throughout his seven-year pro career. The team announced the signing this afternoon.

Cox, who turns 28 on Opening Day, first signed with the Royals as a fifth-round draft pick in 2018. After an impressive debut in Rookie ball that year, Cox began to appear on Royals top prospect lists around the industry. His 3.78 ERA in nine starts was solid, but what really turned heads was his 35.7% strikeout rate.  In addition, he gave up just one home run in 33 1/3 innings of work.

The lefty followed up his strong first impression with an equally promising performance in 2019. Cox looked sharp at both Single-A and High-A, pitching to a 2.76 ERA and 3.48 FIP in 130 2/3 innings across both levels. His 24.2% strikeout rate wasn’t nearly as high as it was at Rookie ball, but it was still quite good, and it came over a much larger sample size against more difficult competition. On top of that, he reduced his walk rate and continued to limit home runs.  Entering the 2020 season, both FanGraphs and Baseball America included Cox among their top 10 prospects in the Royals system; Keith Law of The Athletic ranked him at no. 12.

Unfortunately, Cox was unable to pitch in 2020 due to the lost minor league season, and he struggled at Double-A and (briefly) Triple-A in 2021. His fastball velocity fell and he cut his slider from his pitch mix, giving him a less imposing and less diverse arsenal. His strikeout rate continued to drop while his walk rate rose, and he surrendered 11 home runs in just 68 frames; that’s the same number of dingers he allowed the year before when he pitched almost twice as many innings. Thus, it was hardly surprising to see Cox plummet down prospect rankings during the 2021-22 offseason. Once a promising back-end starter, he seemed destined for a role in the bullpen instead.

Cox continued to start at Triple-A in 2022 and ’23 but failed to improve his results. In May 2023, he made his MLB debut out of the Royals bullpen. Although he had limited experience as a reliever, his big league career couldn’t have gotten off to a better start. He didn’t give up a hit until the 40th batter he faced. Unfortunately, his work was less impressive after that. Cox would ultimately pitch in 24 games for Kansas City that year: 21 relief appearances and three short spot starts. His numbers were serviceable but unspectacular for a lower-leverage swingman. He pitched to a 6.10 ERA and 4.71 FIP in 10 1/3 innings as a starter and a 3.91 ERA and 3.33 FIP in 25 1/3 innings out of the bullpen. A knee injury ended his season early, and the Royals designated him for assignment at the beginning of the offseason. He subsequently elected free agency.

Cox rejoined the Royals on a minor league contract shortly thereafter and spent the entire 2024 campaign with the Triple-A Omaha Storm Chasers. He exercised an opt-out clause in his contract in July but signed another minor league pact with the organization later that month. Thus, his new deal with the Royals is the third minor league contract he has signed with the team in the past 14 months. Presumably, he will continue to do exactly what he did in 2024: provide depth as a left-handed swingman at Triple-A. While his performance this past year didn’t prove good enough to earn him another chance with the big league club, there is clearly a strong relationship between pitcher and team that both sides are interested in carrying on.

Angels Reportedly “Weighing” Pursuit Of Pete Alonso

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The Angels are reportedly “weighing” a pursuit of free agent first baseman Pete Alonso as they search for another bat to add to their lineup, according to a report from Jon Heyman of the New York Post.

Alonso, 30, is the top free agent available at first base this winter but hasn’t found the market he was surely hoping for to this point in the winter. While plenty of clubs entered the winter with needs at first base, a number of feasible landing spots for Alonso have subsequently addressed the position in other ways: the Yankees added Paul Goldschmidt, the Astros signed Christian Walker, the Nationals traded for Nathaniel Lowe, and the Tigers shifted Colt Keith to first base after signing Gleyber Torres. Meanwhile, many of the teams that could potentially be in the market for first base/DH such as the Mariners, Padres, and Twins are facing payroll constraints that make a pursuit of Alonso quite unlikely.

That’s led to a feeling in recent weeks that a return to Queens may be inevitable for the slugger. The Mets have not yet filled their hole at first base, and while they’ve replaced Alonso’s bat in the lineup with Juan Soto it’s hard to deny that the club could benefit from adding another slugger to the mix, particularly a right-handed hitter like Alonso who can help balance out Soto and Brandon Nimmo’s left-handed bats alongside switch-hitter Francisco Lindor. In recent weeks, however, it appears that Alonso’s market has begun to expand a bit. The Giants were connected to the slugger last week, and now the Angels have seemingly entered the fray as well. While both clubs would face a bit of a tight roster fit given the presence of incumbent first basemen on the roster, either club would surely benefit from adding Alonso’s bat to the middle of their lineup.

In Anaheim’s case, youngster Nolan Schanuel appears to hold the keys to first base for the time being. The club’s first-round pick in 2023, Schanuel rocketed through the minors to reach the majors shortly after being drafted and since then has slashed a respectable .255/.354/.357 in 176 games at the big league level. While the 22-year-old hasn’t developed the necessary power to be more than an average bat in the majors to this point, his phenomenal plate discipline suggests a bright future is ahead for the youngster. That makes it hard to believe that the Angels would kick Schanuel from the lineup to sign Alonso, but Heyman reports that both could coexist in the Anaheim lineup even with Jorge Soler entrenched as the club’s regular DH by moving Schanuel to left field.

It’s a novel solution to the problem given that Schanuel has not played the outfield before as a professional, but it’s not completely impossible to imagine him being able to handle the position defensively. After all, Schanuel got occasional reps in the outfield as an amateur and those days aren’t nearly as far behind him as they are for more established big leaguers or even fellow youngsters who spent more time in the minor leagues. That defensive risk could be worth taking if it means adding a hitter of Alonso’s caliber to the lineup, replacing the likely platoon of Jo Adell and Mickey Moniak the club currently seems poised to utilize in the outfield alongside Taylor Ward.

With that being said, it’s hard to imagine the Angels preferring an arrangement with Alonso that pushed Schanuel into the outfield to simply signing a big bat for their outfield mix and keeping their young hitter at his natural position. The Halos have also been connected to Anthony Santander on the free agent market recently, and Heyman concedes that the Angels landing Santander is “more likely” than the club ultimately ending up with Alonso due in part to the cleaner positional fit. With that being said, Santander’s market isn’t limited to the Angels. If he winds up signing somewhere else such as Detroit or Toronto, it suddenly becomes easier to imagine Angels brass being more willing to move things around to accommodate the addition of Alonso at first base given that the only other impact free agent available in the outfield would be Jurickson Profar, who lacks the lengthy track record of success that Alonso offers.

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