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Rangers Sign Kyle Higashioka To Two-Year Deal

By Anthony Franco | December 2, 2024 at 11:59pm CDT

The Rangers announced the signing of catcher Kyle Higashioka to a two-year contract with a mutual option for 2027. Higashioka, a Beverly Hills Sports Council client, is reportedly guaranteed $13.5MM. He’ll make successive salaries of $5.75MM and $6.75MM over the next two seasons. He’s also guaranteed a $1MM buyout on the ’27 option, which is valued at $7MM. The Rangers now have 39 players on their 40-man roster.

Higashioka was one of the top catchers in a weak free agent class. He’d been a first-time free agent even though he’ll turn 35 in April. Drafted out of high school by the Yankees in 2008, Higashioka spent nine seasons in the minors before he got his first big league call. He bounced on and off the MLB roster for another three years. It wasn’t until he’d exhausted his minor league options that he got a permanent big league job in 2020.

New York never gave Higashioka a look as a legitimate starting catcher. He spent four-plus seasons in a backup role while working as Gerrit Cole’s personal catcher. The Yankees packaged him to the Padres in last winter’s Juan Soto blockbuster. While San Diego was looking for a veteran backup who could work behind Luis Campusano, Higashioka was generally viewed as the final piece of their five-player Soto return.

The Huntington Beach native ended up as a surprisingly key contributor to San Diego’s 93-win team. Campusano struggled on both sides of the ball and eventually played his way off the big league roster. Higashioka, on the other hand, had the best season of his career. He hit a personal-high 17 home runs over 84 games. The longball made him a decent offensive player despite terrible on-base marks. Higashioka ran a bizarre .220/.263/.476 batting line over 267 trips to the plate.

Only 21 hitters (minimum 200 plate appearances) had a lower on-base percentage. Still, Higashioka is the only player who ranked among MLB’s bottom 30 in OBP who nevertheless graded as an above-average overall hitter by measure of wRC+ — a testament to his power production. By year’s end, Higashioka had overtaken Campusano as Mike Shildt’s starting catcher. He drilled three more homers in seven postseason games.

Higashioka has earned a solid defensive reputation. Statcast has looked favorably on his pitch framing skills, while he’s generally well-regarded for his ability to work with a pitching staff. Higashioka has struggled as a blocker in consecutive seasons, though. He was charged with nine passed balls across 665 2/3 innings this year. Only Francisco Alvarez (11) was charged with more. Korey Lee and Patrick Bailey tied Higashioka with nine passed balls, but they each caught 150+ more innings than he did. Statcast placed him in the bottom third of qualified catchers in average pop time, though his 20% caught stealing rate was in line with the MLB average.

The on-base deficiencies and perhaps some concern about his arm strength have kept Higashioka from getting a full-time starting job. He has never tallied 300 plate appearances in an MLB season. Teams have viewed him more as a high-quality backup than a true #1 catcher.

Texas has 2023 All-Star Jonah Heim as their primary option behind the plate. Heim had a disappointing ’24 campaign, slumping to a .220/.267/.336 line over 491 plate appearances. Heim has topped 125 games in three straight seasons. Between the regular season and playoffs, he appeared in 148 contests in 2023. Higashioka isn’t likely to supplant him as the starting catcher, but the veteran’s presence could allow manager Bruce Bochy to scale back Heim’s workload by 15-20 games.

Texas got almost nothing out of backup catcher Andrew Knizner for the first few months of the season. The Rangers acquired Carson Kelly at the deadline, but he stumbled to a .235/.291/.343 showing in 31 games. With Kelly hitting free agency, GM Chris Young and his staff targeted Higashioka to hopefully solidify the catching corps.

RosterResource now calculates the Rangers’ payroll around $185MM, while they have about $195MM in luxury tax obligations. Texas reportedly intends to stay underneath the tax threshold in 2025. They’ve got around $46MM in breathing room before they hit that mark, though it’s unclear precisely where ownership will draw the line as the Rangers try to arrange a new setup for their in-market local broadcasting.

Higashioka’s deal meets expectations. MLBTR predicted he’d receive a two-year, $15MM pact that’s marginally higher than what he actually landed. Four free agent catchers have come off the board within the first few weeks of the offseason. Higashioka joins Travis d’Arnaud as recipients of multi-year deals, while Jacob Stallings and Austin Hedges each signed for one guaranteed season. Alongside Kelly, Danny Jansen stands as the top free agent for teams looking for help behind the dish.

The Padres are one of those clubs. Higashioka’s departure leaves the Padres with an obvious need behind the plate. Campusano and Brett Sullivan are the only catchers on their 40-man roster. Neither looks like a viable starter for a team with postseason aspirations. Top prospect Ethan Salas is hopefully the long-term solution, but the teenager is unlikely to make an MLB impact by next season.

Jon Morosi of the MLB Network first reported the Rangers and Higashioka were making progress on an agreement. Evan Grant of the Dallas Morning News confirmed the deal was in place. Jeff Wilson of DLLS Sports reported the salary breakdown. Image courtesy of USA Today Sports.

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Newsstand Texas Rangers Transactions Kyle Higashioka

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Blue Jays To Add Lou Iannotti To Coaching Staff

By Anthony Franco | December 2, 2024 at 10:53pm CDT

The Blue Jays are hiring Lou Iannotti to John Schneider’s coaching staff, reports TSN’s Scott Mitchell (X link). Mitchell suggests Iannotti is likely to take an assistant hitting coach role under first-year hitting instructor David Popkins.

Iannotti, 32, had been with the Dodgers as a minor league hitting coordinator. A collegiate catcher at Quinnipiac, he had a very brief stint as a professional player in the independent Frontier League. Iannotti quickly moved into coaching in the lowest levels of the Dodgers’ minor league system. He worked his way up to hitting coach for L.A.’s Double-A affiliate before landing the coordinator role that allowed him to oversee multiple minor league levels. This’ll be his first work on an MLB coaching staff.

The Jays already have Hunter Mense on staff as an assistant hitting coach. He’s a holdover from previous years. The Jays otherwise made changes to their offensive staff. Toronto fired previous hitting coach Guillermo Martinez at the end of the season. Don Mattingly, who’d served as offensive coordinator in addition to bench coach, will only have traditional bench coach responsibilities with Popkins coming on as hitting coach.

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Los Angeles Dodgers Toronto Blue Jays Lou Iannotti

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Mariners Promote Joel Firman To Assistant General Manager

By Anthony Franco | December 2, 2024 at 10:15pm CDT

The Mariners announced a handful of front office promotions on Monday evening. Assistant general manager Andy McKay was given a vice president title alongside his AGM tag. Seattle also bumped Joel Firman to assistant general manager. Scott Hunter was promoted to VP of amateur scouting, while David Hesslink received a bump to VP of baseball product development.

McKay and Firman now jointly hold AGM titles. That ostensibly slots them third and fourth in baseball operations behind president of baseball ops Jerry Dipoto and GM Justin Hollander. McKay has spent a decade in the Seattle organization. Initially hired as player development director, he briefly worked on Scott Servais’ coaching staff before getting the AGM title during the 2022-23 offseason.

Firman has been with Seattle for 11 seasons. Formerly an intern with the Yankees, the Washington native has worked his way up the M’s analytics department. According to the team’s press release, he’ll be in charge of overseeing the M’s advance scouting work (game planning for opposing teams) while continuing to assume a key role in the team’s research and development.

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Seattle Mariners Andy McKay Joel Firman

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Royals Evaluating Trade Market For Middle-Of-The-Order Bat

By Anthony Franco | December 2, 2024 at 9:21pm CDT

The Royals already made one move to improve the offense, acquiring Jonathan India from the Reds two weeks ago. India will hit at the top of the lineup. Kansas City is also on the hunt for a middle-of-the-order bat, write Will Sammon, Katie Woo and Ken Rosenthal of the Athletic.

As with India, it seems a potential acquisition will come via trade. The Athletic writes that the Royals are likelier to acquire that middle-of-the-order target on the trade market rather than a free agent splash. That’s not surprising for a small-market franchise.

Kansas City did spend over $100MM in free agency last offseason, though that was mostly concentrated in a pair of mid-level rotation investments (Seth Lugo and Michael Wacha). They’ve already made a significant commitment to bring Wacha back on a three-year, $51MM deal after he opted out of his prior contract. RosterResource calculates the Royals’ 2025 payroll commitments around $116MM, including projected salaries for arbitration-eligible players. That’s essentially where they opened this past season. It’s fair to presume they’re willing to increase spending on the heels of a surprising playoff berth, but adding an impact bat in free agency would require a significant payroll jump.

The Royals could certainly use another bat. Kansas City had a middle-of-the-pack offense despite an MVP-caliber season from Bobby Witt Jr. and a fantastic year from Salvador Perez. The Royals finished 13th in the majors in scoring. They placed between 10th and 19th in all three slash stats. Acquiring India should improve the team’s .306 on-base percentage, but he’s not likely to provide much of a power threat.

India, Witt, Perez and first baseman Vinnie Pasquantino comprise a strong top half of the lineup. There’s work to be done in the bottom part of the order. Hunter Renfroe, MJ Melendez, Maikel Garcia and Kyle Isbel project to play key roles despite subpar offensive seasons. The outfield has been a longstanding issue and remains a concern. Kansas City could also upgrade at third base while pushing Garcia into a utility role.

Nolan Arenado headlines the trade market at third base, but he’s under contract for another three years and is still owed nearly $70MM (not including the money the Rockies are paying as a condition of his trade to the Cardinals). Arenado also has full no-trade rights. Alec Bohm has come up in trade rumors as the Phillies look for ways to adjust their lineup. He’s under arbitration control for another two seasons and projected by MLBTR contributor Matt Swartz for an $8.1MM salary. Arizona could still move Eugenio Suárez after exercising a $15MM club option.

In the outfield, the Cubs would probably welcome the opportunity to shed the $50MM remaining on Cody Bellinger’s contract, but the Royals are unlikely to assume a big portion of next year’s $27.5MM salary. Kansas City has reportedly shown interest in Angels left fielder Taylor Ward, who is under control for two more seasons and projected for a $9.2MM salary. The Halos are unlikely to move him unless they get MLB talent in return.

The Giants could deal Mike Yastrzemski, who’ll make $9.25MM in his final year of team control. Cleveland could move Lane Thomas but is unlikely to trade him to a direct AL Central competitor. The White Sox are open to offers on anyone, including center fielder Luis Robert Jr. Yet as MLBTR’s Steve Adams explored last week, a deadline trade involving Robert seems likelier than selling low this offseason.

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Kansas City Royals

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Mets Re-Sign Alex Ramirez To Minor League Deal

By Anthony Franco | December 2, 2024 at 8:05pm CDT

The Mets brought back outfielder Alex Ramírez on a minor league contract, reports Will Sammon of the Athletic (X link). It’s unclear whether the 21-year-old will get a non-roster invite to MLB Spring Training.

Ramírez returns to the only organization for which he’s suited up in his career. The righty-hitting outfielder was the centerpiece of New York’s international signing class back in 2019. New York signed him out of the Dominican Republic for a little over $2MM. Ramírez hit well in the low minors as a teenager. Baseball America ranked him among the club’s top five prospects going into 2023, while both BA and MLB Pipeline had him near the back of their overall Top 100 rankings.

Two years of subpar minor league production have sapped his prospect value. Ramírez hit .221/.310/.317 in High-A in ’23. The Mets nevertheless put him on their 40-man roster to keep him out of the Rule 5 draft. Ramírez held his 40-man spot but had another rough season in the minors. He hit just .210/.291/.299 with five homers across 123 games for Double-A Binghamton. His strikeout and walk profile was reasonable, but it’s the second straight season in which he had a complete lack of power.

New York opted not to tender Ramírez a contract at the non-tender deadline. That sent him to free agency without putting him on waivers. Teams often try to re-sign players in Ramírez’s situation on minor league deals, but they’re free to explore other opportunities. Ramírez seemingly didn’t find a club that was willing to offer him a big league contract, so he’ll stick with the Mets and look for better results at the plate in the high minors.

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New York Mets Transactions Alex Ramirez

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Clay Holmes Drawing Interest As Starting Pitcher

By Anthony Franco | December 2, 2024 at 5:37pm CDT

Clay Holmes is one of the top bullpen arms in free agency. While Holmes is surely drawing interest in his typical relief role, Joel Sherman of the New York Post reports that a few clubs are considering the right-hander as a candidate for a move to the rotation. According to Sherman, the Mets are among the teams looking into Holmes as a potential starter.

The bullpen-to-rotation move has become increasingly prevalent in recent years. The Rays have found success with rotation conversions for the likes of Drew Rasmussen, Jeffrey Springs and Zack Littell. The Yankees started to stretch Michael King out into rotation work at the end of the 2023 season. King dominated in that role, centered the Padres’ trade return for Juan Soto, and turned in an excellent first full season as a starter.

Teams have been especially willing to stretch free agent signees back into rotation work. San Diego hit on their decision to sign Seth Lugo as a starter going into 2023. One year later, Lugo finished second in Cy Young balloting for the Royals. The Braves and Giants took this path with Reynaldo López and Jordan Hicks, respectively, last winter. Hicks tailed off in the second half, but López turned in a 1.99 earned run average over 25 starts for Atlanta (albeit with a pair of late-season injured list stints). The White Sox developed Garrett Crochet from a talented reliever with workload concerns to a top-of-the-rotation arm who should net them a huge trade return this offseason. The Angels found some success with a rotation move for sinkerballer José Soriano.

Given the number of hits just within the past three to four years, it’s little surprise teams are interested in continuing the experiment. Jeff Hoffman, the top righty reliever of the free agent class, has already gotten attention as a starter. There’s risk in taking a successful pitcher out of the role in which he’s most comfortable, but the upside of a successful rotation move is tremendous. Even if the pitcher flames out as a starter, as A.J. Puk did with the Marlins this year, there’s a decent chance he could return to the ’pen without too much issue.

Holmes, who turns 32 on Opening Day, has essentially no major league experience as a starting pitcher. He has made four MLB starts, all of which came as a rookie with the Pirates in 2018. That’s a minuscule sample from six years ago, so there’s little to be gleaned from it, but Holmes struggled in that look (15 innings of 7.80 ERA ball with 13 walks and 12 strikeouts). Like many big league relievers, Holmes did work as a starting pitcher for the bulk of his minor league career.

Since moving to the bullpen, Holmes has essentially scrapped his changeup. His mid-upper 90s sinker is his primary pitch. He has a pair of distinct breaking balls (a slider around 87 MPH and a sweeper in the 83-84 MPH range) and uses each 20-25% of the time. That’s more promising for a potential rotation move than if he were strictly limited to two pitches. Still, he’d likely try out changeup or splitter grips if he’s working deeper into games. Finding a viable changeup, which is easier said than done, would give him a different look as he faces left-handed hitters multiple times in an outing.

Holmes has had some platoon issues throughout his career. He has stifled righty batters to a .209/.295/.293 slash across 843 plate appearances. Lefties have hit .250/.359/.346 over 618 trips to the plate. There’s a huge discrepancy in his strikeout and walk profile. Holmes has excellent strikeout and walk numbers (28.9% and 8.7%, respectively) when he holds the platoon advantage. His K/BB rates against left-handed hitters (18.9% and 12.9%, respectively) are very poor. He has been able to avoid the home run ball against hitters from either side of the plate, though. He gets a ton of grounders regardless of his opponent’s handedness, which served him well over three and a half seasons at Yankee Stadium.

Overall, Holmes had a strong run as New York’s closer. He turned in a 2.69 ERA across 217 2/3 innings as a Yankee. Holmes has topped 20 saves in each of the last three years and set a career mark with 30 saves this past season, but his production wobbled midway through the year. Holmes gave up the lead 13 times, five more than any other pitcher. The Yanks bumped him from the ninth inning for Luke Weaver down the stretch and into the playoffs. Holmes continued to struggle in September before finishing the year with 12 innings of 2.25 ERA ball in the postseason. He recorded five holds and didn’t blow a lead in October.

The Mets lost a trio of starters — Sean Manaea, Jose Quintana and Luis Severino — to free agency. They’ve begun to backfill the rotation by agreeing to a two-year deal with Frankie Montas. There’s a lot more work to be done as they build around Kodai Senga and David Peterson. The Mets are sensible fits for any of the top free agent starters, but president of baseball operations David Stearns has gone the reclamation route with the Manaea, Severino and Montas signings over the past two winters. New York has more than enough payroll space to sign a top-tier free agent (e.g. Corbin Burnes, Max Fried) and add another starter from the middle of the market. MLBTR predicts a three-year, $30MM contract for Holmes, who did not receive a qualifying offer and wouldn’t cost any draft compensation.

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New York Mets Newsstand Clay Holmes

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Martín Maldonado Hoping To Play in 2025

By Darragh McDonald | December 2, 2024 at 5:15pm CDT

Catcher Martín Maldonado was released by the White Sox in July and didn’t sign with another club in the final months of the 2024 season. But that doesn’t mean he’s walking away, as Ken Rosenthal of The Athletic (X link) relays that the backstop is hoping to play one more season.

Maldonado, now 38, has a long track record as a glove-first catcher. In almost 4,000 career plate appearances at the major league level, he has produced a batting line of .203/.278/.344. That translates to a wRC+ of 70, indicating he’s been 30% below league average at the plate in his career.

But behind the plate is where he has created his value. He has a career tally of 59 Defensive Runs Saved, one of the top ten marks in the majors from 2012 to the present. Outlets like FanGraphs, Baseball Prospectus and Statcast have given him strong grades for his framing, blocking and throwing in his career. On top of those quantifiable elements, he’s been lauded for intangibles like working with pitchers and providing clubhouse leadership.

Despite the lack of offense, he has signed four different contracts in the past six years, each with annual values between $2MM and $5MM. Teams have generally been willing to tolerate his lineup presence in exchange for his other contributions.

He tested the limits of that tolerance in 2024, however, and found a breaking point. He signed a one-year, $4.3MM deal with the White Sox going into the most recent season. But he hit just .119/.174/.230 in his 147 plate appearances, striking out in 34.7% of them while only drawing a walk 5.4% of the time. Though the Sox surely knew they weren’t going to be getting an elite bat, that was poor even by Maldonado’s low standards, so he was released in July.

It appears that Maldonado would prefer a better final act as a major leaguer, so he’ll try to get back in action in 2025. After missing the past few months of the season, he recently suited up for Leones del Escogido in the Dominican Winter League. He hit two home runs in his ten games there but slashed .114/.184/.314 in that small sample, for what it’s worth.

Maldonado won’t have huge earning power with the way his 2024 season went, but what could work in his favor is that the catching market isn’t strong overall. Guys like Danny Jansen, Kyle Higashioka and Carson Kelly represent the top of the free agent market. Clubs like the Nationals, Padres, Marlins, Rays and others could be on the lookout for catching upgrades this offseason, so perhaps Maldonado will be able to find some interest, though he’d likely be looking at minor league offers.

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2024-25 MLB Free Agents Martin Maldonado

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Submit Your Questions For This Week’s Episode Of The MLBTR Podcast

By Darragh McDonald | December 2, 2024 at 4:10pm CDT

On the MLB Trade Rumors podcast, we regularly answer questions from our readers and listeners. With the next episode set for Wednesday, we’re looking for MLBTR’s audience to submit their questions and we’ll pick a few to answer.

The hot stove is starting to warm up, with multiple deals being signed in the recent days and weeks. If you have a question about a past transaction, a look ahead to the rest of the winter or anything else baseball-related, we’d love to hear from you! You can email your questions to mlbtrpod@gmail.com.

Also, if you want to hear your voice on the podcast, send us your question in audio form and we might play it. iPhone users can find instructions on how to do so here.

In the meantime, don’t forget to subscribe to the podcast on Spotify and Apple Podcasts.

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Kevin Pillar Hoping To Play In 2025

By Darragh McDonald | December 2, 2024 at 3:19pm CDT

Outfielder Kevin Pillar previously said he was “98% sure” that he was going to retire after 2024, but it seems like he would like to squeeze through that little 2% window he left open for himself. On an appearance on MLB Network’s Hot Stove (video link from X), Pillar said he is now hoping to give it another go next year. He also revealed that he had thumb surgery at the end of the 2024 season.

Pillar, 36 in January, started last season with the White Sox. He hit just .160/.290/.360 in 17 games with that club and was back on the open market before the end of April. He latched on with the Angels and it was during his time with that club that he indicated retirement was likely over the horizon.

He went on to hit seven home runs in 282 plate appearances for the Halos and produce a batting line of .236/.291/.378. Perhaps more important than the statistics was that Pillar’s mentality changed, according to the man himself. “For the first time in probably forever, I was just playing for the love of the game, the joy of the game,” Pillar said of his time with the Angels. “I wasn’t worried about tomorrow, the next day, my future. And I found a lot of success in that.”

He adds that, after some time to reflect, he is “pretty sure” that he still wants to play. He doesn’t know if any club will offer him a spot, but he plans to stay in shape and will answer the phone if someone calls. Pillar spent about two weeks on the injured list in September due to a left thumb sprain. In the clip, he mentions that he underwent surgery at the end of the season, though he gave no indication that the procedure is impacting his offseason preparations.

At his peak, Pillar was a solid everyday player, overcoming subpar offense with his strong glovework and baserunning. From 2015 to 2021, he got into 940 games for various clubs, hitting .261/.298/.412 for a wRC+ of 88. But he stole 91 bases in that stretch and was graded as an above-average center fielder, allowing him to produce 10 wins above replacement over those six full seasons plus the shortened 2020 campaign.

Since then, he’s been more of a role player. He can still play center field a little bit, though only sporadically and with grades closer to league average. He hit .225/.271/.387 in 185 games over the past three years for a wRC+ of 79, swiping another 16 bags.

Pillar has hit lefties better in his career, with a 106 wRC+ with the platoon advantage and a 78 without. That continued to be the case in 2024, with a 139 wRC+ against southpaws and a 54 mark otherwise. For any club looking for a right-handed hitting bench outfielder who can play competent defense and run the bases, Pillar is available and surely won’t cost much, after getting a $3MM guarantee from the White Sox in 2024.

Teams like the Red Sox, Orioles, Diamondbacks, Phillies, Tigers and others could be looking for right-handed bats to supplement their respective outfields. Pillar will join players like Teoscar Hernández, Tyler O’Neill, Randal Grichuk, Ramón Laureano, Austin Hays, Tommy Pham and others as righty-swinging outfielders that will be under consideration.

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2024-25 MLB Free Agents Kevin Pillar

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Diamondbacks Interested In Re-Signing Joc Pederson

By Darragh McDonald | December 2, 2024 at 2:10pm CDT

Free agent Joc Pederson is one of the better left-handed bats available and the Diamondbacks are interested in bringing him back, per Ken Rosenthal of The Athletic. Rosenthal also mentions the Rays and Rangers as possible landing spots, though those seem more speculative, so it’s unclear to what degree those clubs are interested.

Pederson, 33 in April, is a limited player but does one thing very well. He doesn’t run well nor provide much of anything defensively. He’s also been a liability when a left-hander is on the mound, but he does crush righties.

Last winter, the Diamondbacks signed Pederson to a one-year deal with a $12.5MM guarantee. He got into 132 games for the Snakes this year but didn’t take the field at all. On account of his poor defensive track record, he was used exclusively as a designated hitter or pinch hitter. Of his 449 plate appearances on the year, only 42 of them were against southpaws. He actually produced a strong .219/.405/.344 line and 124 wRC+ in that split thanks to a 16.7% walk rate, and in spite of a 42.9% strikeout rate. But for his career, he has a .210/.300/.330 line and a 76 wRC+ without the platoon advantage.

In his 407 plate appearances against righties this year, his strikeout rate was a far more palatable 21.4%. His 11.8% walk rate was quite a strong, a few ticks above league average. He also hit 22 home runs, which helped him produce a slash of .281/.392/.531 and a 154 wRC+.

Overall, Pederson hit .275/.393/.515 on the year for a 151 wRC+, the second of the past three years with very strong offensive production. He hit .274/.353/.521 with the Giants in 2022 for a 144 wRC+. San Francisco gave him a $19.65MM qualifying offer on the heels of that showing, which he accepted. His batting line dropped to .235/.348/.416 in 2023, for a 109 wRC+, but the Snakes may have had a hunch that was bad luck. His batting average on balls in play went from .310 in 2022 to .268 in 2023, despite his batted ball metrics staying strong. His BABIP corrected to .322 in 2024 and his overall offense climbed back up along with it.

Even with that unlucky dip last year, Pederson has still managed to produce a 135 wRC+ over the past three years combined. Among players with at least 1200 plate appearances in that time frame, that figure is one of the top 15 in the majors, just ahead of guys like José Ramírez, Matt Olson and Rafael Devers. Pederson’s deficiencies put limits on his ability to contribute, but he’s a huge difference maker at the plate. MLBTR predicted him for a two-year, $24MM contract as part of the annual Top 50 Free Agents post.

It’s understandable that the Diamondbacks would want Pederson back, as they saw first-hand what a huge impact he can make at the plate. General manager Mike Hazen has said that he expects the 2025 payroll to be in the same range as 2024. RosterResource currently projects the club for $149MM in spending next year, which is about $14MM shy of last year’s Opening Day figure. Re-signing Pederson would eat up most of that but trading some of Jordan Montgomery’s salary could perhaps create some extra wiggle room for further offseason moves.

For the Rays, they usually aren’t big players in free agency but it wouldn’t be unprecedented to do something like this. Just two years ago, they gave Zach Eflin a $40MM guarantee. RosterResource pegs them at $79MM for next year’s payroll, about $20MM shy of where they started 2024. That could give them some room to work with this offseason, depending on how their ongoing stadium uncertainty is going to impact their spending plans.

In terms of the roster construction, it would be a bit of a pivot for the Rays, as they usually place a high value on defensive versatility. The last time they had one player take more than 400 plate appearances as a designated hitter was Johnny Damon in 2011. But if they view Pederson as the best bat available in their price range, perhaps they would be willing to have him lock up the DH spot, at least against righties.

For the Rangers, as mentioned by Rosenthal, squaring up right-handed pitching was a struggle this year. They put up a collective line of .238/.304/.379 for a wRC+ of 95, putting them in the bottom third of the league. Installing Pederson in their lineup would be the most straightforward way of improving that line in 2025. The club didn’t have a strict designated hitter in 2024, so fitting Pederson in shouldn’t be too hard. 11 different players took at least 22 trips to the plate in that spot in 2024, with Wyatt Langford leading the pack with 105 plate appearances. Pederson’s presence would make it more difficult to spread around the DH time to so many guys, but it could be viewed as worth it, given how good he’s been at the plate recently.

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