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Pirates, Wily Peralta Agree To Minor League Deal

By Steve Adams | January 31, 2024 at 10:30am CDT

The Pirates have agreed to a minor league contract with veteran right-hander Wily Peralta, reports Robert Murray of FanSided. He’ll be in big league camp as a non-roster invitee with the Bucs this spring.

Peralta, 34, enjoyed a nice two-year run with the Tigers in 2021-22 — his most recent experience at the major league level. In that time, he pitched 132 innings, split between the rotation and bullpen, and worked to a 2.93 ERA but more concerning rate stats. During his time as a Tiger, Peralta posted a well below-average 15.8% strikeout rate while walking 10.9% of his opponents. He kept the ball on the ground at a strong 49.2% clip, but his shaky K/BB profile limited him to a minor league deal with the Nationals in free agency last winter.

Things didn’t go well for Peralta in the Nats organization. The longtime Brewers righty opened the season with Washington’s Triple-A affiliate in Rochester and wound up starting 24 games for the Red Wings. His command troubles persisted (12% walk rate, 21.7% strikeout rate), and Peralta was tagged for a grisly 6.31 ERA in 102 2/3 innings.

Peralta broke into the big leagues with the Brewers back in 2012 and was a fixture in the Milwaukee rotation from 2013-16. Through his first 113 games (112 starts), the righty posted a 4.18 ERA in 647 1/3 frames with below-average strikeout rates but solid command and a strong 52% ground-ball rate. That nice start to his career was quite some time ago, however, and Peralta has had success in the 2018, 2021 and 2022 seasons, he’s logged a 4.53 ERA with an 11.7% walk rate in his past 264 MLB frames. As recently as 2022, he was still sitting at 95.5 mph with both his four-seamer and sinker — but that was in a relief role. Peralta averaged 95.8 mph as a starter earlier in his career but sat 94.1 mph out of the Tigers’ rotation in 2022.

The Pirates won’t be banking on much from Peralta, but he’ll head to camp in hopes of winning a roster spot — be it at the back of the Pittsburgh rotation or perhaps as a long reliever in the bullpen. The Pirates currently have Mitch Keller, Martin Perez and Marco Gonzales locked into rotation spots, but the final two spots are mostly up for grabs after righty Johan Oviedo underwent Tommy John surgery earlier in the offseason. Luis Ortiz, Bailey Falter, Quinn Priester and Roansy Contreras are among the in-house options, though further additions shouldn’t be ruled out. Top prospect and 2023 No. 1 overall draft pick Paul Skenes figures to make his MLB debut sometime next summer as well.

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Twins Rumors: Solano, Duvall, Lorenzen

By Steve Adams | January 31, 2024 at 9:51am CDT

The Twins finally made their first significant move of the offseason this week, shipping out stalwart infielder Jorge Polanco in a trade that netted big league righties Justin Topa and Anthony DeSclafani as well as prospects Gabriel Gonzalez and Darren Bowen from the Mariners. The Twins picked up a net savings of $5.25MM in the trade as well, which president of baseball operations Derek Falvey has already suggested will go toward adding a bat from outside the organization. One possibility the Twins may be considering, per the New York Post’s Jon Heyman, is a reunion with veteran utilityman Donovan Solano.

It’s unlikely that the 36-year-old Solano would command the entirety of that savings, let alone any resources beyond that point. He played the 2023 season on a one-year, $2MM deal he signed with the Twins after spring training had already begun. Solano didn’t necessarily post eye-popping numbers but was a quietly important piece of the Twins’ AL Central title, turning in a strong .282/.369/.391 batting line with a career-high 8.9% walk rate against a 22.2% strikeout rate (just south of league average but also a career-high mark). That batting line was 16% better than average, by measure of wRC+, and Solano paired it with his typical defensive versatility, logging time at first base, second base and third base.

Bringing back Solano would deepen the team’s bench mix and once again provide a right-handed-hitting complement to lefty-swinging first baseman Alex Kirilloff. However, it’s also debatable whether the need is as pressing this time around as when Minnesota last signed Solano. Royce Lewis has emerged as the team’s everyday third baseman, with Carlos Correa at shortstop. The Polanco trade cleared the way for 2023 rookie standout Edouard Julien to step into an everyday role at second base. Kirilloff is likely to man first base, and the Twins have another right-handed-hitting option, Jose Miranda, as a righty option to pair with Kirilloff.

The 2023 season was an injury ruined disaster for Miranda, as he struggled in both the majors and Triple-A before eventually undergoing shoulder surgery. But in 2022, the former top-100 prospect debuted with a strong .268/.325/.426 slash and 15 homers — including a particularly stout .289/.348/.454 showing following a dismal three-week stretch to begin his career. If Miranda is back to full strength, he can certainly be that right-handed partner for Kirilloff at first base. And, the Twins also have former top-10 picks Brooks Lee and Austin Martin on the cusp of the majors, each adding to the infield depth.

To that end, Heyman notes that Minnesota is also exploring the market for outfield help. Presumably, the target would be a right-handed bat, as corner options Matt Wallner, Max Kepler and Trevor Larnach all bat left-handed. Byron Buxton expects to be back in center field this season after spending last year as a DH following knee surgery but is, as always, a major injury question mark. The Twins have utilitymen Willi Castro and Nick Gordon as center field alternatives, and the aforementioned Martin is also no stranger to the position. But a righty bat who can handle center field still seems like a prudent addition, whether that be a reunion with Michael A. Taylor or perhaps a different free agent like Adam Duvall or Randal Grichuk.

Dan Hayes of The Athletic reports that the Twins have indeed considered Duvall, specifically. The 35-year-old, righty-swinging slugger is capable of playing all three outfield spots but is best suited for corner work at this stage of his career. Duvall ripped 21 homers in just 92 games for the Red Sox last year while slashing .247/.303/.531 overall.

Contact and plate discipline issues have long plagued Duvall. He fanned in 31.2% of his plate appearances last year against just a 6.2% walk rate; in his career, he sports marks of 28.7% and 6.7% in those respective categories. The Twins had MLB’s highest strikeout rate last year, and while they’re subtracting Joey Gallo (42.8%) and potentially the previously mentioned Taylor as well (33.5%), they’ll also surely give more at-bats to young strikeout-prone players like Julien (31.4%) and Wallner (31.5%) in 2024. Adding another strikeout rate of 30% or more could be problematic, but they’re surely weighing that against the benefits Duvall could bring to the roster.

In the rotation, the Twins’ addition of DeSclafani has addressed some of the depth issues, though the veteran right-hander isn’t going to be mistaken as a direct replacement for outgoing Cy Young runner-up Sonny Gray, who signed a three-year, $75MM deal with the Cardinals. The Twins, according to MLB Network’s Jon Morosi, were showing interest in free-agent righty Michael Lorenzen before adding DeSclafani in the Polanco swap.

The addition of DeSclafani could well push young right-hander Louie Varland to the bullpen or the Triple-A St. Paul Saints’ rotation, but it’s not entirely clear yet whether it precludes the addition of someone like Lorenzen (a former teammate of DeSclafani’s in Cincinnati). Lorenzen made his first All-Star team in 2023 after a strong start to the season, and after being traded to Philadelphia at the deadline, tossed a no-hitter in his second start as a Phillie.

Things derailed quickly thereafter, however, as Lorenzen — a reliever-turned-starter — looked to fade down the stretch while navigating the tail end of a career-high 153-inning workload. He pitched to an 8.01 ERA in 30 innings following that no-hit gem, eventually being dropped from the Philly rotation to the bullpen. On the whole, Lorenzen finished with a 4.18 ERA, 17.8% strikeout rate and 7.5% walk rate.

Minnesota’s payroll currently projects around $118MM, which is about $37MM shy of last year’s $155MM mark. Earlier reports in the winter suggested a target in the $125-140MM range, so there ought to be room to add someone of Lorenzen’s caliber or a similar starter in free agency, particularly since they’re only on the hook for $4MM of DeSclafani’s salary. Further addressing the rotation isn’t a foregone conclusion, but it remains something for the Twins to consider as the clock to spring training ticks.

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Minnesota Twins Adam Duvall Donovan Solano Michael Lorenzen

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Blue Jays Sign Justin Turner

By Steve Adams | January 31, 2024 at 8:51am CDT

Jan. 31: Shi Davidi of Sportsnet reports the breakdown of Turner’s incentive package. He’ll unlock $125K bonuses for reaching 500, 525, 550 and 575 plate appearances, plus another $250K for reaching each of 600, 625 and 650 plate appearances. Turner also secures a $150K bonus for reaching 120 days on the active roster and another $100K for spending 150 days on the active roster.

Jan. 30: The Blue Jays will have a new designated hitter for the 2024 season, announcing they’ve signed free agent Justin Turner to a one-year contract. It is reportedly a $13MM deal with The Vayner Sports client, who can earn an additional $1.5MM based on both roster bonuses and performance incentives, taking his deal to a maximum of $14.5MM.

Turner turned 39 years old in November but certainly wasn’t showing any signs of his age in 2023, when he slashed .276/.345/.455 with 23 home runs, 31 doubles, an 8.1% walk rate and a 17.6% strikeout rate in 146 games and 626 plate appearances with the Red Sox.

By measure of wRC+, Turner was about 14% better than league-average at the plate — his incredible tenth consecutive season being at least 14% above par with the bat. He was one of the top remaining corner infield and designated hitter options and will install a “professional hitter” into the Toronto lineup — one who is generally revered for his leadership and clubhouse presence as well.

The consistency Turner brings to the plate is rather remarkable. He hasn’t batted lower than .275, posted an OBP under .339, slugged less than .438 or struck out in more than 18% of his plate appearances in any of the past ten seasons since establishing himself as a regular with the Dodgers in 2014. Overall, he’s a .293/.371/.486 hitter in that time. He’s averaged 24 home runs and 35 doubles per 162 games played over that decade-long span.

Turner’s contract with the Red Sox was a two-year, $22.7MM contract, the second season of which was a player option. He took home an $8.3MM salary in 2023 and also received a $6.7MM buyout on the option when he turned it down to return to the open market. Turner is guaranteed less on this new contract than he was a year ago, although with incentives he’ll be able to nearly match the $15MM he ultimately received for his lone year in Boston. And, given that the player option was a net $7.7MM call for him, he still clearly came out ahead in his decision to decline his player option.

With the Jays, Turner figures to serve as their primary designated hitter but can also split time at the hot corner with fellow free agent signee Isiah Kiner-Falefa (or another yet-to-be-made acquisition). He’s also logged 527 career innings at first base, including 289 last year in Boston, making him a viable option to spell Vladimir Guerrero Jr. when he needs a breather as well.

If there’s one drawback to the match between the two parties, from the team’s vantage point, it’s that Turner adds another right-handed bat to a lineup that already skews heavily toward that side of the plate. He’s effectively replacing the left-handed-hitting Brandon Belt, who notably remains unsigned and had a strong year at the plate for the Jays in 2023 in a heavily platooned role.

As it stands, left fielder Daulton Varsho, center fielder Kevin Kiermaier and infielder Cavan Biggio are the only lefties projected in the Toronto lineup. No one from that group is an especially formidable lefty presence, and all are best served in a platoon arrangement. Turner has slightly better career numbers against righties than lefties, which helps to mitigate some of the concern, but the Jays could still struggle against premium right-handed pitchers at times, given their lack of balance in the lineup.

Thus far, Turner marks the biggest upgrade to the Toronto lineup of the offseason. The Jays made a spirited run at Shohei Ohtani and also met with Yoshinobu Yamamoto, but both players wound up signing with the Dodgers. The Jays were also said to have strong interest in lefty-swinging Joc Pederson before he inked a comparable deal to Turner’s with the D-backs.

The Jays have been tied to a number of bat-first players over the past month, talking to representatives for free agent sluggers like J.D. Martinez, Jorge Soler, Rhys Hoskins and Pederson. Their interest to Turner dates back to at least mid-December, and now that it’s manifested in a deal, the Jays are presumably out of the running for yet-unsigned DH options like Martinez and Soler. Turner joins Kiner-Falefa, Kiermaier and now-former NPB righty-hander Yariel Rodriguez as notable free agent pickups for the Jays so far in the 2023-24 offseason.

The addition of Turner should push the Blue Jays firmly into luxury tax territory. Toronto had a bottom-line payroll of $228MM before agreeing to terms with Turner, per Roster Resource, and the Jays were already slightly north of $237MM luxury barrier. Turner will move both numbers forward by $13MM. Since the Jays are a second-time payor of the tax, their penalty will be rather light: a simple 30% tax on the first $20MM by which they exceed the threshold and another 42% tax for the next $20MM, if further additions are forthcoming.

With regard to the Turner signing, they’ll end up paying $3.9MM in luxury penalties, which clearly wasn’t a significant deterrent for them. The $240MM Opening Day payroll for which the Jays are now projected stands as a franchise-record by a magnitude of $30MM — topping last the $210MM high-water mark previously established just last year.

Looking ahead, it still seems possible there are further moves to be made for the Jays, who currently project to divide playing time at second base and third base among Biggio, Kiner-Falefa, Davis Schneider and Santiago Espinal. Schneider, in particular, had an intriguing 2023 debut when he hit .276/.404/.603 — but that was a tiny sample of 141 plate appearances and came with a .369 BABIP in addition to a 30.5% strikeout rate. Some regression should surely be expected. Kiner-Falefa is best known for his defensive versatility and is a better utility option than everyday player. Biggio had a solid 2023 showing at the dish but has never come close to replicating his 2019-20 numbers. Espinal is coming off a career-worst .248/.310/.335 performance.

In the rotation, Toronto is still facing some uncertainty at the back end of the group. Kevin Gausman, Chris Bassitt and a resurgent Jose Berrios form a strong top three, but Yusei Kikuchi has lacked consistency on a year-to-year basis and Alek Manoah struggled through a catastrophic season on the mound. The aforementioned Rodriguez could eventually be a rotation option, but that’s more likely in 2025, as he’ll be on a strict innings count this season. Top prospect Ricky Tiedemann could debut in 2024 as well but thus far has just four innings above the Double-A level.

The Blue Jays have been tied to several high-profile and still-unsigned names — Cody Bellinger, Blake Snell and Matt Chapman among them. Re-signing Chapman is a cleaner fit from a roster construction standpoint, as Toronto has Varsho, Kiermaier and George Springer across the outfield and now Turner at designated hitter, making a rotation including the DH spot more difficult. Adding another bat and/or rotation piece would help to lessen the sting of missing out on top targets earlier in the winter, though it remains unclear how much more ownership is willing to spend after already soaring past the franchise’s prior spending levels.

Jon Morosi of MLB Network first reported that the agreement and the terms.

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Newsstand Toronto Blue Jays Transactions Justin Turner

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The Opener: Orioles, Blue Jays, Workouts

By Nick Deeds | January 31, 2024 at 8:46am CDT

With just two weeks until Spring Training, here are three things we’ll be keeping an eye on around the baseball world throughout the day today:

1. Orioles under new management?

A surprise report yesterday indicated that the Angelos family, majority owners of the Orioles for the past three decades, have agreed to sell the club to a group led by David Rubenstein of the Carlyle Group, a private equity firm. Though the deal has not yet been approved by the league — reporting has indicated that a vote on the matter could come as soon as next week— the change in ownership could prove to be a seismic shift for the Orioles if approved.

Baltimore projects for just an $81MM payroll this year per Roster Resource, the third-lowest figure in the majors. That’s well below the club’s previous payroll capacity even while under the Angelos family, as the club topped out with a payroll of more than $164MM back in 2017 according to Cot’s Baseball Contracts. (That level of spending came under Peter Angelos, but his son John is now the team’s control person.) It’s unlikely the club would officially change hands in time for the new ownership group to approve a top-of-the-market free agent signing. With that being said, could news of the club changing hands give GM Mike Elias and his front office more leeway to pursue extensions with members of their star-studded young core, or perhaps even spend prospect capital to land a significant arm like right-hander Dylan Cease? John Angelos had previously cast serious doubt on the team’s ability to pursue extension with young stars such as Adley Rutschman and Gunnar Henderson, suggesting the Orioles would have to “raise prices massively” in order to afford contracts of that magnitude.

2. What’s next for the Blue Jays?

The Blue Jays made an addition to their offense yesterday by signing veteran infielder Justin Turner to a one-year deal yesterday. Turner joins infielder Isiah Kiner-Falefa and center fielder Kevin Kiermaier in signing contracts worth between $10-15MM to help the Blue Jays round out a positional mix that could lose Whit Merrifield, Brandon Belt, and Matt Chapman. While Turner was able to be added to the 40-man roster without a corresponding move, the roster is now at capacity which will make a 40-man move necessary when the club’s previously-reported deal with Yariel Rodriguez eventually becomes official.

The addition of Turner, who figures to primarily spend time at DH while also getting occasional reps at the infield corners, makes other top free agent hitters remaining on the market something of a tricky fit for the Blue Jays. While the addition of Cody Bellinger or especially a reunion with Chapman is possible to make work from a roster building perspective, it’s unclear if Toronto has the appetite for making a star-level addition to a payroll that’s already top-four in the sport, per Roster Resource. On the other hand, replacing two quality bats from the club’s lineup last year in Chapman and Belt with just one above-average run producer in Turner could leave the club’s offense in a tricky situation entering the season.

3. Thor, Barnes audition for teams:

Veteran right-handers Noah Syndergaard and Matt Barnes worked out for interested clubs yesterday (as noted by Jon Heyman of the New York Post and Alex Speier of the Boston Globe, respectively) as they hope to find a role with a big league club in the final weeks prior to Spring Training. Both righties are coming off difficult years in 2023. Syndergaard posted a brutal 6.50 ERA in 18 starts split between the Dodgers and Guardians, while Barnes struggled to a 5.48 ERA in 24 appearances with the Marlins before hip surgery cut his 2024 season short.

Despite those recent struggles, both veterans have substantial track records of MLB success prior to the 2023 campaign. Syndergaard, of course, was among the most fearsome pitchers in the game earlier in his career and showcased the ability to perform as a capable back-end starter as recently as the 2022 campaign. Barnes, meanwhile, rattled off six consecutive seasons of above-average production out of the bullpen for the Red Sox from 2016 to 2021 and posted a respectable 4.31 ERA with a 3.87 FIP just two seasons ago. Will either righty find renewed interest in his services after throwing for scouts?

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The Opener

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Dodgers Sign James Paxton

By Anthony Franco | January 31, 2024 at 8:15am CDT

Jan. 31: The guarantee on Paxton’s deal is actually just $7MM, reports Ken Rosenthal of The Athletic. That comes in the form of the previously reported $3MM signing bonus and a $4MM salary. Additionally, Paxton will receive a $2MM bonus for being on the roster for either (but not both) the roster for the Dodgers’ season opener in South Korea against the Padres on March 20 or their domestic opener against the Cardinals on March 28. If not, he’d earn a $1MM bonus if added to the roster before April 15.

Paxton will also earn a $600K bonus for making his sixth, eighth, tenth, 12th and 16th starts of the season, plus a $1MM bonus for reaching 18 starts. In all, there’s an additional $6MM available in incentives. Essentially, if he’s healthy enough for to make the Opening Day roster and make 18 starts, he’ll earn $13MM on the one-year arrangement.

Jan. 23: An active offseason continues, as the Dodgers announced they have signed left-hander James Paxton to a one-year deal. The Boras Corporation client is reportedly guaranteed $11MM, taking the form of a $3MM signing bonus and an $8MM salary. He’d also receive a $1MM roster bonus if he’s healthy enough to be active on Opening Day (or $500K if he starts the year on the injured list but returns by April 15).

The deal also contains up to $1MM in performance bonuses. He’d lock in an extra $250K for making 16 and 18 starts apiece and would max out the deal with another $500K for reaching 20 starts. Los Angeles has yet to formally announce the contract, but they already have a vacancy on the 40-man roster.

Los Angeles has been MLB’s most aggressive team. While they’ve committed upwards of a billion dollars in free agency, the rotation depth still stands as a bit of a question mark. Shohei Ohtani won’t pitch in 2024 as he works back from elbow surgery. The Dodgers signed Yoshinobu Yamamoto and acquired Tyler Glasnow to join Walker Buehler  and Bobby Miller atop the starting staff.

There’s huge upside with that quartet, but it’s also a group that carries some risk. Excellent as Yamamoto has been in Japan, he has yet to pitch in the majors. Glasnow’s career high in innings at the MLB level, established last season, is only 120 frames. Buehler missed all of last season recovering from his second Tommy John surgery. Miller had a very good rookie season but only has 22 MLB starts to his name.

L.A. had a few notable departures from the rotation. Julio Urías is a free agent and unlikely to return as MLB investigates domestic violence allegations against him. Clayton Kershaw is still unsigned. While the Dodgers would surely welcome him back, he wouldn’t be an option until at least midseason as he rehabs from shoulder surgery. Ryan Pepiot was dealt to Tampa Bay in the Glasnow deal.

Tony Gonsolin could miss all of next season after undergoing his own TJS procedure in late August. Dustin May will be sidelined into the season after a flexor tendon surgery in early July. With both pitchers starting the season on the injured list, Los Angeles may have had to turn the fifth starter role to one of Emmet Sheehan, Michael Grove, Ryan Yarbrough or Gavin Stone.

Should they finalize a deal with Paxton, he’d take the final spot in the Opening Day staff. He’s certainly not a bankable source of innings either. The 35-year-old has battled myriad injuries throughout his career, particularly over the last four years. He was limited to five starts during the shortened 2020 season. His elbow gave out during his first start of the ’21 campaign, necessitating Tommy John surgery. His efforts to make a comeback late in the ’22 season were derailed when he tore his lat on a minor league rehab stint.

A right hamstring strain forced the 6’4″ southpaw to open last year on the IL as well. He finally made it back on the mound in the second week of May. Despite the long layoff, Paxton brandished the 95 MPH fastball he’d owned before the surgery. For a while, that was translating into excellent results. The Canadian hurler worked to a 2.73 ERA while striking out more than 29% of opposing hitters in 56 innings through the All-Star Break.

He couldn’t maintain that form. Paxton allowed nearly seven earned runs per nine over 40 innings after the Midsummer Classic. His strikeouts plummeted to a modest 19.4% clip, while his walks jumped a few percentage points relative to the first half. Right knee inflammation sent him back to the IL in early September and ended his season a few weeks early. He finished the year with a 4.50 ERA in 96 innings covering 19 starts. His 24.6% strikeout rate was slightly above par, while he walked an average 8% of batters faced.

Given the volatility associated with the Dodgers’ collection of in-house arms, there’s an argument they should’ve pursued a more stable source of volume innings. That’s generally not how they’ve preferred to construct pitching staffs, however. The L.A. front office has shown a willingness to roll the dice on upside plays while accepting health risks. Paxton would be another acquisition of that ilk.

Of course, the Dodgers have the freedom to place those kinds of bets thanks to their spending capacity. Roster Resource projects the organization’s luxury tax commitments for the upcoming season at a staggering $301MM. Signing Paxton would push that number around $313MM, moving ahead of the Yankees and alongside the Mets for the highest payroll in the sport. That comes with a hefty tax bill.

The Dodgers are in the final tier of luxury penalization and have exceeded the threshold in each of the last two years. As a result, they’re taxed at a 110% rate on any spending at this point. Paxton’s deal would come with a $13.2MM fee, bringing their total expenditure to $25.2MM for one year of his services.

That’s a mark that few teams, if any, would come close to matching. Yet it’s the latest reflection of their all-in approach. Paxton would join Ohtani, Yamamoto, Glasnow, Teoscar Hernández, Manuel Margot and returnees Jason Heyward and Joe Kelly as notable offseason pickups as the Dodgers push for an 11th NL West title in the last 12 years.

Jon Heyman of the New York Post first reported the Dodgers and Paxton were working on an agreement. Alden González of ESPN reported the approximate $11MM guarantee. Fabian Ardaya of the Athletic reported the presence of performance bonuses. Heyman was first to confirm the deal was done and the presence of the Opening Day roster bonus, while The Associated Press specified the performance bonus terms and the contract breakdown.

Image courtesy of USA Today Sports.

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Los Angeles Dodgers Newsstand Transactions James Paxton

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Reports: Angelos Family Agrees To Sell Orioles

By Darragh McDonald and Anthony Franco | January 30, 2024 at 11:59pm CDT

The Angelos family plans to sell the Orioles to a group led by two private equity billionaires, David Rubenstein of the Carlyle Group and Mike Arougheti of Ares Management Corp., as first reported by Sportico and John Ourand of Puck News. Andy Kostka, Pamela Wood and Danielle Allentuck of the Baltimore Banner report that various others will have smaller ownership roles — including franchise icon Cal Ripken Jr.

Neither the Orioles nor MLB have yet commented on the news. The deal cannot be made official without league approval. Longtime O’s beat reporter Dan Connolly tweets that the owners will discuss the sale agreement at a previously scheduled owners meeting next week.

It was reported back in December that Rubenstein, a Baltimore native, was in talks to purchase the club. Rubenstein will eventually become the franchise’s “control person” assuming the deal is approved. Ourand reports the sale price will be $1.725 billion, about 10 times the $173MM for which the Angelos family purchased it in 1993.

The franchise will not be sold in its entirety right away. According to Ourand, the Rubenstein group will initially acquire roughly 40% of the ownership stake. The remainder of the Angelos’ family share will be transferred once longtime owner Peter Angelos, now 94, passes away. Previous reports have indicated the family would incur significant capital gains taxes if they sell the franchise in its entirety before Peter Angelos’ death.

It could be a franchise-altering piece of news for the Orioles and their fans. The Angelos family has owned the club since 1993. It was at that time that Peter Angelos was the principal investor of a group that bought the O’s. He collapsed in 2017 due to the failure of his aortic valve, leading his wife Georgia and sons John and Lou to take on more sizeable roles.

Reports emerged in June of 2022, highlighting infighting between the family members about control of the franchise. The league evidently approved John Angelos as the club’s “control person” in 2020, but multiple lawsuits between the family members were filed. The reporting surrounding those legal disputes revealed that Georgia hired Goldman Sachs to explore a possible sale. The various family lawsuits were dropped about a year ago as part of a reported settlement. “I would say that there’s not a plan to change the principal ownership or the managing partnership and there would be no reason to,” John said in February of last year.

As that drama has been playing out behind the scenes, there has also been a lot of public uncertainty surrounding the organization. Their lease agreement with the State of Maryland for Camden Yards was set to expire at the end of 2023. John Angelos was reportedly attempting to leverage the negotiations for a new lease to acquire public land. The idea seemed to be to transform the area based on the example set by the Braves with The Battery and Truist Park, allowing the O’s to develop a mixed-use area including various retail and commercial spaces.

A new lease agreement was eventually approved in mid-December, just before the previous deal was set to expire. As part of that deal, the O’s are committed to Camden Yards for the next 15 years, which can be expanded to 30 years if a new development plan is approved in the next four years. The discussions between Rubenstein and the Angelos family briefly held up government approval of the new lease. At the time, John Angelos reportedly assured Maryland governor Wes Moore there were no plans to sell a majority share of the franchise. That now seems set to change.

On top of the stadium situation, the Orioles and Nationals have an ongoing dispute concerning the Mid-Atlantic Sports Network. The two clubs share ownership of the network but with the O’s in the majority, presently around 76% and dropping to 67% by 2032. Those details were part of the agreement between the O’s and MLB to facilitate the relocation of the Expos from Montreal to Washington and therefore into the Orioles’ territorial range. The two clubs have been battling each other over the rights free related to MASN for many years.

Jeff Barker of the Baltimore Sun reports that Rubenstein will also acquire the O’s share in MASN. It’s not yet clear if there’ll be any change in the relationship between the Orioles and the Nationals.

Then there’s the on-field product, which could perhaps be related to the ownership situation. The club has been rebuilding for much of the period after Peter Angelos’ health issues, but they quite clearly emerged from that rebuild in recent seasons. They posted terrible results from 2018 to 2021 but stockpiled young talent in the process. As their young players started graduating to the majors, they managed to go 83-79 in 2022. They followed that up with a 101-win campaign last year, winning the American League East.

Despite those better results of late, the club has made almost no moves that commit long-term money or give up their young talent in order to bolster the current roster. Their stacked farm system has led to plenty of speculation about a blockbuster deal involving someone like Dylan Cease, but nothing has materialized. Meanwhile, their free agent spending this winter has been limited to a one-year deal for reliever Craig Kimbrel.

Taken all together, there are plenty of questions to be answered about how the franchise will proceed. While many O’s fans will be happy to see the Angelos family depart, it’s unknown how different the new regime will be. If the deal is completed, a picture of the future for the franchise will gradually come into focus. As it does, it could have ramifications for the team and others such as the Nats, as well as the city of Baltimore and the State of Maryland.

Rubenstein, 74, is the co-founder and co-chairman of the Carlyle Group, a private equity company. He was born in Baltimore and Forbes estimates his net worth as $3.7 billion.

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Baltimore Orioles Newsstand David Rubenstein Georgia Angelos John Angelos Mike Arougheti Peter Angelos

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Padres Hire Craig Stammen For Player Development Role

By Anthony Franco | January 30, 2024 at 11:11pm CDT

The Padres have added former MLB reliever Craig Stammen in a player development capacity, reports Jeff Sanders of the San Diego Union-Tribune. The 39-year-old will work as an assistant to both the coaching staff and baseball operations department in a role that sees him interact with the MLB team and minor league affiliates. Sanders notes that former big leaguers Allen Craig and A.J. Ellis — each of whom have worked for the Padres for a few seasons — are taking similar positions.

Stammen had a 13-year playing career in the majors. Despite falling to the 12th round of the 2005 draft, he was a consistently effective reliever for the bulk of that run. Stammen pitched to a 3.91 ERA in parts of seven seasons with the Nationals before signing with San Diego. He played on a series of short-term contracts with the Friars, combining for a 3.36 ERA through 394 1/3 frames in a San Diego uniform.

The Padres re-signed Stammen to a minor league contract last January. Unfortunately, his playing days came to an end in Spring Training. The right-hander sustained a torn capsule in his throwing shoulder during exhibition play. He acknowledged at the time that was likely to end his career and officially announced his retirement in August. Stammen sticks with the organization as he transitions to his post-playing endeavors.

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San Diego Padres Craig Stammen

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Mariners To Sign Nick Solak To Minor League Deal

By Darragh McDonald | January 30, 2024 at 10:05pm CDT

The Mariners are signing infielder/outfielder Nick Solak to a minor league deal, reports Robert Murray of FanSided. The CAA Sports client will also receive an invite to major league Spring Training.

Solak, 29, had a tremendous major league debut with the Rangers in 2019 but wasn’t able to maintain it in subsequent seasons. Originally a second-round pick of the Yankees, he was twice traded before getting to the big leagues. The Yanks flipped him to the Rays as part of a three-team trade that sent Steven Souza Jr. to the Diamondbacks and Brandon Drury to the Bronx, then the Rays sent Solak to Texas straight up for Pete Fairbanks.

In the 2019 campaign, Solak crushed in the minors and then carried that over into his first 33 big league contests. He hit five home runs in that time and drew walks in 11.1% of his plate appearances. His .293/.393/.491 batting line amounted to a wRC+ of 126. But his production dipped in the 2020 season and hasn’t recovered. He has made 839 plate appearances in the majors over the past four seasons, hitting 16 home runs and walking at a 7% clip. His .246/.317/.354 slash line in that time translates to a wRC+ of 86.

There were questions about Solak’s second base defense while he was a prospect and the glovework has indeed become an issue. His work at the keystone was graded as subpar and he was pushed into a corner outfield role when the Rangers signed Marcus Semien. That move down the defensive spectrum made his lack of offensive production more of an issue, which pushed him off the roster. He was traded to the Reds going into 2023 but wasn’t going to crack the Opening Day roster in Cincinnati. They designated him for assignment and flipped him to the Mariners, but he went to the White Sox via a waivers a couple of weeks later. As the season went on, he was also claimed by Atlanta and Detroit, the latter club passing him through waivers in August.

For the Mariners, they are likely attracted to Solak’s right-handed bat. Their outfield depth leans left-handed, with each of Luke Raley, Taylor Trammell, Cade Marlowe, Dominic Canzone, Zach DeLoach and Jonatan Clase hitting from that side. Solak has hit .283/.363/.428 against southpaws in his career for a 117 wRC+, compared to a .236/.309/.343 and 78 wRC+ against righties.

That could perhaps allow him to carve out a role on the small side of a platoon arrangement in Seattle. He will first have to earn a roster spot and doesn’t have options in the event he succeeds. But if he manages to both get on the roster and stick, he still has less than three years of service time and could be retained for future seasons via arbitration.

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Seattle Mariners Transactions Nick Solak

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Five Potential Trade Fits For Joey Bart

By Anthony Franco | January 30, 2024 at 9:11pm CDT

Joey Bart has been a speculative trade candidate for at least a year. The Giants selected him with the #2 overall pick in the 2018 draft. A few months later, they changed front offices, tabbing Farhan Zaidi to lead baseball operations. Two seasons thereafter, the front office drafted another catcher in the top 15.

That player, Patrick Bailey, now seems the organization’s long-term answer. He reached the big leagues last year and impressed defensively. Bailey rated as a high-end framer and cut down an excellent 28.4% of basestealers. His bat faded after a hot start, but he was impressive enough behind the dish to secure a seventh-place finish in NL Rookie of the Year balloting.

Bart, on the other hand, has not performed at the level expected of such a high draft choice. He has rated as a below-average defender by most public metrics. In 503 MLB plate appearances spread over the last four seasons, he’s hitting .219/.288/.335. Bart has hit 11 home runs but has punched out in over 35% of his trips to the plate.

As a result, he hasn’t secured a lasting spot on the MLB roster. He spent most of last year’s second half on optional assignment to Triple-A Sacramento. Bart’s .248/.357/.393 showing in 244 plate appearances at the top minor league level was below-average. Having turned 27 last month, he’s running out of opportunities to establish himself.

With Bailey having clearly surpassed Bart on the depth chart, the latter was floated as a trade candidate last winter and in advance of the ’23 deadline. San Francisco never found an offer to their liking and held him as minor league depth. That’s no longer possible. Last season was Bart’s final option year. The Giants can’t send him back to Triple-A without first exposing him to waivers.

They have three possibilities: carry him on the MLB roster, waive him, or trade him. It’s unlikely they’ll choose the first course of action. The Giants added Tom Murphy on a two-year, $8.25MM free agent deal to serve as Bailey’s backup. Last year’s Rule 5 selection Blake Sabol is still on the 40-man roster, although he can now be optioned to the minors (which isn’t possible for a Rule 5 pick in their rookie season). Bart is arguably fourth on the organizational hierarchy. Unless San Francisco plans to carry three catchers, he’s not going to make the team barring a spring injury to Bailey or Murphy.

While there’s some chance that his stock has fallen to the point that San Francisco could simply run him through waivers, they’d surely prefer to recoup something in trade rather than risk losing him for nothing. While this isn’t meant to be an exhaustive list, we’ll highlight a few teams that might consider Bart an upgrade over their current backup catcher.

  • Brewers: Milwaukee lost Víctor Caratini to the Astros in free agency. They already have their franchise catcher in William Contreras but could consider a depth addition. Milwaukee signed Eric Haase to a big league free agent deal. He’s currently penciled in for the job, but he signed for just $1MM and is coming off a dismal .201/.247/.281 showing in 89 games between the Tigers and Guardians. Haase is already 31 and not a highly-regarded defensive catcher, so the Brewers probably aren’t firmly committed to him holding the backup job. Bart’s mediocre framing metrics might not be a huge concern for a team that has done an excellent job developing the receiving skills of Omar Narváez and Contreras in recent years.
  • Diamondbacks: Arizona is going into camp with a competition for the backup job behind Gabriel Moreno. The Snakes have added Tucker Barnhart and former highly-regarded prospect Ronaldo Hernández on minor league deals. They’re trying to push José Herrera, who is on the 40-man roster but only carries a .198/.272/.231 slash line at the MLB level. Herrera has one more option year.
  • Marlins: New president of baseball operations Peter Bendix has made one addition behind the plate, acquiring Christian Bethancourt in a cash trade with the Guardians. He joins Nick Fortes, who hit just .204/.263/.299 last season, as the only catchers on the 40-man roster. Barry Jackson of the Miami Herald wrote last week the Fish would be content with a Bethancourt-Fortes tandem, but they could jump on an opportunity to add Bart for a minimal cost. Fortes still has two options remaining.
  • Pirates: Pittsburgh lost presumptive starter Endy Rodríguez for the season thanks to an elbow injury suffered in winter ball. Former first overall pick Henry Davis should get the majority of the playing time behind the dish. Pittsburgh’s backup options are Ali Sánchez (who is out of options but signed a major league deal in December) and Jason Delay. The Bucs would probably have to waive Sánchez if they add Bart. The question is whether they prefer the former’s defensive stability over the latter’s potentially higher ceiling.
  • Rays: Tampa Bay is going to do something at catcher. Waiving Bethancourt left them with defensive specialist René Pinto as the only backstop on their 40-man roster. Rob Brantly and Alex Jackson are in the organization as non-roster players. The Rays typically emphasize defense behind the dish, so perhaps they’re not enamored with Bart, but no one has a clearer ability to carry him on the MLB team.
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MLBTR Originals San Francisco Giants Trade Candidate Joey Bart

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Orioles Sign Andrew Suarez To Minor League Deal

By Anthony Franco | January 30, 2024 at 8:45pm CDT

The Orioles signed reliever Andrew Suárez to a minor league contract, the club announced. The team did not indicate if he’ll receive an invitation to big league camp.

Suárez, 31, saw a bit of major league action with the Cardinals last year. St. Louis had inked him to a minor league pact during the 2022-23 offseason. They selected his contract at the end of July. Suárez went on to make 13 appearances in low-leverage relief. He pitched 27 2/3 innings with a 7.16 ERA. The former second-round pick had a well below-average 13.1% strikeout rate and was tagged for seven home runs.

St. Louis took the lefty off the 40-man roster at the end of the season. He elected minor league free agency after clearing outright waivers. While his MLB work didn’t go well, he lands another opportunity thanks to his solid numbers in the minors. Suárez worked in a multi-inning capacity for the Cards top affiliate in Memphis, logging 64 frames through 28 appearances. He turned in a 4.08 ERA while striking out 24.5% of batters faced with a 45.1% ground-ball rate.

Suárez has allowed 4.27 earned runs per nine in parts of four Triple-A campaigns. He owns a 4.96 ERA through 230 1/3 career innings at the big league level, with the vast majority of that experience coming when he started 29 games for the Giants six years back. Suárez spent two seasons overseas between his stints in San Francisco and St. Louis. He had an excellent year in the KBO in 2021 but struggled in a small sample in Japan the following season.

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Baltimore Orioles Transactions Andrew Suarez

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