While the 2023 World Series champs missed the playoffs last year, a healthy Jacob deGrom and offseason additions like Joc Pederson and Jake Burger seemed to leave the Rangers in a good place to fight their way back to the top of the AL West this year. That hasn’t worked out very well so far, as despite an elite performance from their starting rotation lackluster offense from virtually everyone (save Wyatt Langford) has allowed the Rangers to fall to a 31-35 record. That leaves them 5.5 games out of the AL West entering play today, and 4.5 games back of an AL Wild Card spot.
It’s a tough position for the club to find itself in, particularly when one considers the team’s position regarding the luxury tax. It’s long been apparent than ducking under that first threshold is a priority for Texas this year and many of the moves they’ve made so far, from taking a flier on Patrick Corbin to fill out the rotation to letting Leody Taveras go on waivers, have been at least partially in service to that goal. RosterResource now estimates that Texas has a payroll of just under $235MM for luxury tax purposes, giving them around $6MM of space to work with under the first threshold.
That’s not a ton of space, even when considering that any players added will only need to be paid the prorated portion of their remaining deal. In that sense, indecision on whether to buy or sell could actually help the Rangers if they do decide to buy because any acquisitions will require less cash. With that being said, if Texas can’t get more from individual key players like Marcus Semien, Corey Seager, and Josh Jung it could be hard for the team to cover all of its needs on a shoestring budget even if they do stay relevant in the Wild Card picture.
One way to handle that would be to try and both buy and sell simultaneously at the deadline. Perhaps someone like Jon Gray (once he’s healthy) or Adolis Garcia (if his numbers improve a bit) could be dealt elsewhere for salary relief to allow the club to take a bigger swing and acquire a bat like Marcell Ozuna to help spark the offense. It’s also possible they could simply offer a larger return package to any clubs they buy from in exchange for the selling team eating most or all of the player’s salary. That would likely require the Rangers to firmly make their way into the playoff conversation from here, however, as teams are often hesitant to part with high-level talent to add players unless the postseason is fully in reach.
That could leave the Rangers to do at least some selling. But if they fall further in the standings, it’s not hard to imagine a larger sell-off. Right-hander Tyler Mahle has been nothing short of fantastic this year with a 2.02 ERA in 13 starts, and he should be one of the more highly coveted rentals if made available. Hoby Milner and Chris Martin would both be extremely attractive relief options for bullpen-needy clubs, as well. The team could even attempt to restructure their payroll in a more significant way by seeing if there are any takers on deGrom’s hefty salary, though moving that kind of money midseason is always challenging.
The final option on the table for the Rangers would be to simply do nothing. It’s fairly rare for a club to stand completely pat at the deadline, and the Rangers in particular have not typically been afraid to make moves under Chris Young’s leadership. With that being said, however, the club’s precarious position relative to the luxury tax and the aforementioned potential benefit of waiting until as close to the deadline as possible to make any buy-side moves could leave the team in position to risk doing very little to alter the club this summer, instead riding with the group they currently have and leaving large scale changes for an offseason that should offer more financial flexibility.
How do MLBTR readers think the Rangers will ultimately approach this summer’s trade deadline? Will they buy, sell, both, or neither? Have your say in the poll below:
