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Orioles Claim Rene Pinto, Thaddeus Ward

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The Orioles have made a few tweaks at the back of the roster to start the offseason. Baltimore announced a pair of waiver claims: catcher Rene Pinto from the division rival Rays and right-hander Thaddeus Ward from the Nationals. Baltimore also sent veteran reliever Matt Bowman through outright waivers; he elected free agency. Finally, the O’s selected the contract of lefty reliever Luis González. That series of moves leaves them with 37 players on the 40-man roster.

Pinto opened this past season as Tampa Bay’s starting catcher. It didn’t take long before he lost that job. He only made 19 appearances before being optioned to Triple-A Durham. Pinto spent the bulk of the year in the minors and slumped to a .191/.257/.373 line over 230 trips to the plate. His broader minor league track record is quite a bit better. The Venezuelan-born backstop is a .253/.303/.487 hitter in his Triple-A career. He owns a .231/.263/.404 slash in 237 plate appearances against big league pitching. He joins Blake Hunt on the 40-man roster as options to back up Adley Rutschman, though an external acquisition still seems likely.

Ward, 27, pitched in 26 games for the Nats last year. Washington took him out of the Boston system in the Rule 5 draft. Like many Rule 5 picks, he struggled in his debut campaign. The UCF product posted a 6.37 ERA with nearly as many walks as strikeouts in 35 1/3 innings. Washington kept him on optional assignment to Triple-A for the entire ’24 season. Ward started 28 games but allowed a 5.64 ERA over 119 2/3 frames. He walked an untenable 17% of batters faced.

Bowman bounced around the league via waivers before finishing the year in Baltimore. The sinkerballer posted a 4.40 earned run average through 30 2/3 innings between four teams. He had a strong year in Triple-A and should have no trouble landing another minor league deal this winter.

As for González, he earns a long-awaited selection to a 40-man roster. He turns 33 in January and has yet to pitch in the majors. The Dominican Republic native has pitched in Japan, Mexico and even Italy during his winding career arc. He worked his way to the Orioles on a minor league deal and tossed 60 innings of 4.50 ERA ball with Triple-A Norfolk this past season. González punched out nearly 29% of batters faced while walking fewer than 5% of opponents.

Those underlying numbers evidently impressed the Baltimore front office. Rather than allow González to hit minor league free agency, they’ll give him a spot on the 40-man for now. If he holds that all winter, there’s a good chance he’ll make his major league debut next year.

2024-25 MLB Free Agent Tracker

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The best 2024-25 MLB Free Agent Tracker on the internet is available as part of our MLB Contract Tracker.  In the Contract Tracker, simply filter the contract status to “unsigned,” and then you can further filter by position.

Our MLB Contract Tracker already documents all free agent signings and extensions going back to 2008.  Learn more about it here.  We’re happy to answer any questions about how to use this tool, which is available exclusively to Trade Rumors Front Office subscribers.

We also have our class 2024-25 MLB Free Agent list, where players will be removed as they sign.  Click here for that.  The 2025-26 list will be published later this week, for those who’d like to look ahead a year.

Colin Rea Clears Waivers, Brewers To Decline Club Option

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Right-hander Colin Rea has cleared waivers, as first reported by MLBTR’s own Steve Adams. The news leaves the Brewers poised to decline his $5.5MM club option for 2025 in favor of a $1MM buyout.

Rea, 34, finds himself headed to free agency after a surprising turn of events. The right-hander has generally performed solidly for the Brewers in two seasons since coming over from Japan following the 2022 season. He’s spent most of those two seasons in the rotation, providing roughly league average consistency with a 4.40 ERA (96 ERA+) in 292 1/3 innings of work over the past two seasons spread between 49 starts and nine relief appearances.

Given the elevated cost of even back-end rotation arms in recent years that’s seen veterans such as Kyle Gibson and Lance Lynn land eight-figure salaries in free agency, it seemed likely the Brewers would exercise their option on Rea’s services for next year. That didn’t come to pass, however, and evidently it seems no team in baseball was willing to commit a $5.5MM salary to the right-hander this early into the offseason following an unusual winter in which back-of-the-rotation pieces such as Michael Lorenzen and Mike Clevinger lingered on the market deep into Spring Training and were available at deep discounts.

Amid ongoing uncertainty regarding TV rights for a number of clubs, it’s possible that clubs in the market for a back-end starter such as the Reds, Twins, and even the Brewers themselves would prefer to see how the market develops this winter rather than commit a salary to Rea in early November. For the Brewers, in particular, parting ways with Rea could be a sensible decision given the emergence of Tobias Myers in the rotation along with their mid-season deal for right-hander Aaron Civale. With Myers, Civale, and Freddy Peralta all back in the rotation next year and ace Brandon Woodruff also expected back from shoulder surgery, that leaves the club with four starters locked into a rotation that could see Aaron Ashby, DL Hall, and prospect Jacob Misiorowski all fight for the fifth starter job next spring if no further additions are made.

Given that depth in the rotation, it’s somewhat understandable that the Brewers would prefer to allocate the $4.5MM they declined to offer Rea elsewhere, particularly in an offseason where they’ll need to find a way to replace departing shortstop Willy Adames in the lineup. Given the strong defensive abilities of both Joey Ortiz and Brice Turang, that addition doesn’t necessarily need to come at shortstop, and the budget space being used to pay Rea could be reallocated to a free agent infielder such as Amed Rosario or Jose Iglesias. As for Rea, the right-hander will join free agent class that’s relatively deep in back-of-the-rotation options with Gibson, Lorenzen, and Martin Perez among the lengthy list of other similarly productive players available.

Pirates Claim Trey Cabbage From Astros

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The Pirates are claiming first baseman/corner outfielder Trey Cabbage from the Astros, reports Ari Alexander of KPRC 2 (X link). Neither team has officially announced the move.

Houston had not previously designated Cabbage for assignment. They evidently placed him on waivers in recent days to take him off the 40-man roster. He would’ve qualified for minor league free agency had he gone unclaimed, but Pittsburgh saw enough to give him a 40-man spot.

Cabbage, 27, has played in 67 big league contests over the last two years. He made 22 appearances for the Angels two seasons ago and got into 45 contests with Houston this year. He hasn’t done much offensively, limping to a .209/.245/.331 slash line while striking out 60 times in 147 plate appearances (a 40.8% rate). The swing-and-miss is nothing new, as Cabbage has fanned in more than 30% of his Triple-A plate appearances. He has shown big power and surprising athleticism in his minor league career, though, including a 30-30 showing in the Halos’ system back in 2023.

Pittsburgh hasn’t been able to find an answer at first base in recent seasons. Cabbage isn’t a long-term solution, but he’s a depth flier who still has a minor league option remaining. If the Bucs carry him on the 40-man all winter, they can keep him in Triple-A for another season.

Orioles Exercise Club Option On Seranthony Domínguez, Decline Danny Coulombe

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The Orioles announced that they have exercise a club option on right-hander Seranthony Domínguez while declining their option on left-hander Danny Coulombe. They also announced that they have exercised options on left-hander Cionel Pérez and first baseman Ryan O’Hearn, as was reported earlier today. Domínguez will get $8MM next year instead of a $500K buyout. Coulombe could have been brought back for a $4MM salary but instead becomes a free agent with no buyout.

Domínguez, 30 this month, was acquired from the Phillies at the trade deadline. He went on to make 25 appearances for the O’s with a 3.97 earned run average. He struck out 28.6% of batters faced while giving out walks at a 9.2% clip.

The righty now has a 3.59 ERA, 27.3% strikeout rate, 9.6% walk rate and 45.9% ground ball rate over his 255 career appearances. Some of that has come in leverage situations, as he has racked up 38 saves and 58 holds in his career. Given that generally solid track record, it’s not really a surprise to see the Orioles plunk down another $7.5MM to keep him from getting away.

The decision on Coulombe is a bit more surprising as the lefty has had a solid two-year run with the O’s. He has tossed 81 innings for Baltimore since the start of 2023 with a 2.56 ERA, 28.4% strikeout rate, 5.4% walk rate and 45.4% ground ball rate.

$4MM for a solid lefty reliever like that seems like good value for money but Coulombe also had some challenges this year. He underwent surgery in June to remove bone chips removed from his throwing elbow. He was able to come off the IL in September, making four appearances for the club down the stretch and one in the postseason, but that seemingly wasn’t enough to convince the O’s to keep him around for next year.

They could circle back to him in free agency but Coulombe will have a chance to speak to all of the other clubs as well. The fact that he’s now 35 and coming off an injury-marred season will hurt his earning power but his results over the past two years will work in his favor.

Mets Claim Kevin Herget From Brewers

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The Mets have claimed right-hander Kevin Herget off waivers from the Brewers, per a report from Robert Murray of FanSided. There had been no prior indication that Herget was designated for assignment, though with today’s deadline to activate players from the 60-day injured list plenty of 40-man roster movement is to be expected around the league.

Herget, 34 in April, signed a minor league deal with the Brewers last offseason after being cut loose by the Reds. He went on to get a limited amount of big league action in the majors in 2024, tossing 11 1/3 innings for Milwaukee with two earned runs allowed. In Triple-A, he had a larger sample of work, posting a 2.27 earned run average in 47 2/3 innings. He struck out 32.4% of batters faced at that level while only giving out walks 6% of the time.

The Mets were apparently intrigued by those strong numbers, grabbing Herget off waivers today. The Mets just lost Brooks Raley, Adam Ottavino, Ryne Stanek and Drew Smith to free agency so they have filled in some lost bullpen depth with this claim. Despite his age, Herget is still in his pre-arbitration years and is therefore cheap and can potentially be controlled for years to come.

Braves Decline Club Option On Travis d’Arnaud

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The Braves announced that they have declined their club options on catcher Travis d’Arnaud and right-hander Luke Jackson while picking up their option on designated hitter Marcell Ozuna. Jeff Passan of ESPN relayed the d’Arnaud news on X prior to the official announcement. The d’Arnaud option was for $8MM and came with no buyout and he will now enter the open market. Jackson will head to free agency as well, collecting a $2MM buyout instead of a $7MM salary next year. Ozuna’s option had a $1MM buyout but the club will bring him back with a $16MM salary instead.

The news on d’Arnaud is the most surprising development. Just one month ago, president of baseball operations Alex Anthopoulos said in his end-of-season press conference that the club was planning to pick up options on each of d’Arnaud, Ozuna and left-hander Aaron Bummer. They did indeed pick up Ozuna’s option while Bummer agreed to a reworked deal yesterday that saw the club essentially trigger Bummer’s two club options for 2025 and 2026, though with Bummer sacrificing a small amount of total earnings in exchange for more money to be locked in upfront.

The new deal for Bummer and also one for Reynaldo López saw Atlanta kick some money from their 2025 payroll ahead to 2026, indicating that payroll flexibility in the coming season is an ongoing issue for them. That’s likely a factor for the d’Arnaud call also, as the club can keep some powder dry for their offseason pursuits and perhaps circle back to d’Arnaud later in the winter.

Per RosterResource, Atlanta is projected for a payroll of $215MM next year, just $20MM shy of this year’s figure. They have plenty to do this winter, as they are set to lose Max Fried and Charlie Morton to free agency, opening up two rotation holes. It’s also possible that they could pursue upgrades over Orlando Arcia at shortstop, tweaks to the bullpen or other moves. Triggering d’Arnaud’s option would have locked in another $8MM today but it seems the club would rather hold onto that bit of spending capacity at least for now.

Atlanta clearly likes d’Arnaud, as they have a relationship that goes back a ways. He just finished his fifth season with the club, having signed multiple deals to stay in town. They signed him to a two-year, $16MM deal going into 2020. Late in 2021, as that deal was winding down, the two sides agreed to extend the relationship by another two years and with another $16MM. Midway through 2023, they agreed to another extension, locking in an $8MM salary for 2024 and the club option which has been turned down today.

During that time, d’Arnaud has hit .251/.312/.443 for a 106 wRC+. His framing and blocking have generally been well regarded and FanGraphs has considered him to have been worth 9.3 wins above replacement over his 384 games with Atlanta.

The club has clearly viewed him as worth $8MM per year in the past but isn’t locking him in at that price point now, despite Anthopoulos suggesting a month ago they likely would. He’ll now head to free agency and be one of the better backstops available. Guys like Danny Jansen, Kyle Higashioka and Carson Kelly are the best catchers in free agency this winter but d’Arnaud shouldn’t be too far behind that group.

With the shenanigans to move the López and Bummer money around and now d’Arnaud’s option being declined, perhaps the money is a bit tight for Atlanta at the moment. Given the way Anthopoulos operates, it wouldn’t be a surprise to see them get creative on the trade market and move some contracts around, but the pursestrings might be a bit clenched for now.

As for Jackson, he’s had some good seasons in the past but has been up-and-down lately. Tommy John surgery wiped out his 2022 season, just as he was headed into free agency. He signed a two-year, $11.5MM deal with the Giants going into 2023, with the aforementioned option for 2025. He was able to make 33 appearances last year with a 2.97 earned run average but his 2024 was more challenging. He missed time due to a lower back strain and eventually posted a 5.09 ERA on the year, getting traded back to Atlanta midseason. His 25.1% strikeout rate and 50.7% ground ball rate were solid but his 11.1% walk rate was on the high side.

Jackson has had some success in the past and got a solid deal even after missing a full season due to surgery. Spending $5MM on such a pitcher wouldn’t have been outrageous but it’s also not shocking to see the club move on when considering his poor 2024 campaign and their apparent budgetary concerns.

Orioles Exercise Club Options On Ryan O’Hearn, Cionel Perez

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The Orioles have picked up their $2.2MM club option on the services of left-hander Cionel Perez for the 2025 season, according to Francys Romero. Baltimore would’ve still had Perez under team control for 2025 via arbitration even if the option had been declined. They’ve also picked up their $8MM option on the services of first baseman Ryan O’Hearn, as first reported by Jon Heyman of the New York Post. Both will return to the club in 2025.

Whether or not the Orioles would pick up Perez’s option appeared to be a close call given that MLBTR contributor Matt Swartz projected a $2.1MM salary for the left-hander in his penultimate trip through arbitration. That comes in slightly lower than the figure Perez will now earn in 2025. It’s possible Baltimore’s own internal view of Perez’s likely arbitration salary came in a touch higher than MLBTR’s, although the Orioles’ decision may be as simple as not wanting to decline the option and risk an arbitration hearing with the southpaw over just $100K.

That there was any sort of decision to be made regarding the option would’ve registered as something of a surprise headed into the 2024 season. Entering this year, Perez had been among the club’s very best relievers over his two years in Baltimore. From 2022 to ’23, Perez dominated to the tune of a 2.43 ERA in 111 innings of work. That fantastic ERA was somewhat belied by higher 3.30 FIP thanks to Perez’s lackluster strikeout (20.6%) and walk (10%) rates over the past two years, but the lefty made up for that by generating grounders at an excellent 56.2% rate.

Unfortunately, Perez took a major step backwards in 2024 when it came to run prevention as his ERA ballooned to 4.53. With that being said, his peripherals remained remarkably similar to his previous successful seasons with the Orioles. His 11.8% walk rate was elevated and his 19.3% strikeout rate was just a tick lower than those previous figures, but the lefty maintained a strong 55.8% groundball rate and wound up with a 3.30 FIP that was identical to his average over the prior two seasons. Of course, it’s worth noting that Perez’s FIP is somewhat deflated by the fact that Perez managed to give up zero home runs during the 2024 campaign. While the lefty has typically been excellent at limiting hard contact throughout his career, it’s worth noting that his homerless season came in spite of a nearly doubled barrel rate relative to 2023.

Overall, Perez seems likely to remain with the Orioles as a solid lefty relief option, though perhaps not one they’ll be interested in offering high leverage duties to until and unless he can bring his strikeout and walk ratios closer to the 23.5% and 9% figures he flashed during his dominant 2022 campaign. The Orioles notably declined their club option on fellow lefty Danny Coulombe today, making Perez all the more valuable as he joins Keegan Akin and Gregory Soto as lefty options in 2025.

Turning to O’Hearn, the decision to pick his option up doesn’t register as much of a surprise given his excellent performance since first donning an Orioles uniform. The 31-year-old just wrapped up his second season with Baltimore and carries an overall slash line of .275/.329/.450 (119 wRC+), though even that slash line may be selling his growth with the club short as he massively improved his plate discipline in 2024. After striking out at a 22.3% clip and walking just 4.1% of the time in 2023, this year O’Hearn took free passes at an excellent 9.3% clip while striking out just 14% of the time. A small step back in the power department meant his wRC+ was largely unchanged from the year prior, but underlying metrics such as xwOBA viewed O’Hearn’s work in 2024 as a substantial improvement over his first season with the club.

As impressive as O’Hearn’s evolution in Baltimore has been, there do remain questions about his fit on the club’s roster entering next year. While Anthony Santander’s likely departure in free agency will open up some playing time in the corner/DH mix, the Orioles have already at times struggled to juggle playing time for O’Hearn and fellow first baseman Ryan Mountcastle when both are healthy in previous seasons. Looking ahead to 2025, they’ll be searching for ways to include Coby Mayo and Heston Kjerstad in the lineup more regularly, and either player could take up the lion’s share of playing time at DH with Mayo in particular even standing as a possible inclusion in the club’s first base mix as well. A trade of Mountcastle, one of the prospects, or even O’Hearn himself could help to clear up the clubs log jam at the position, and it would hardly be a surprise if the club decided to do so in order to upgrade a rotation facing plenty of questions headed into 2025 following the departure of Corbin Burnes and elbow surgery that will sideline Kyle Bradish for the start of next season.

Nathan Eovaldi Opts Out Of Rangers Contract

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Rangers president of baseball operations Chris Young told reporters (including Evan Grant of the Dallas Morning News) this morning that right-hander Nathan Eovaldi has declined his $20MM player option for the 2025 season, making him a free agent. Young added that the club has “great interest” in reuniting with him this winter.

Eovaldi, 34, just wrapped up his second season in Texas. The veteran right-hander was solid but unspectacular for the Rangers this year as he pitched to a 3.80 ERA (104 ERA+) with a 3.83 FIP in 170 2/3 innings of work. Given that rather uninspiring platform season, Eovaldi’s decision to opt out may register as something of a surprise at first glance. A closer look to the right-hander’s season and overall body of work makes it clear why he would opt out ahead of his age-35 season in hopes of seeking what could be the last multi-year pact of his career, however.

An All-Star for the Rangers just last year, Eovaldi has pitched to a 3.72 ERA (110 ERA+) and a 3.86 FIP during his time with the Rangers. Those results are largely consistent with the numbers he posted during his final three years with the Red Sox, for whom he posted a 3.79 ERA (120 ERA+) with a 3.43 FIP from 2020 to 2022, including a dominant 2021 season where he was named an All-Star and finished fourth in AL Cy Young award voting. Those numbers cast Eovaldi as a solid mid-rotation arm, and his underlying numbers suggest he could continue to be a quality, playoff caliber arm even as he ages.

His fastball velocity (which averaged 95.6 in 2024) remains strong even as he enters his mid-30s, and he maintains that high-octane stuff despite boasting a 5.6% walk rate that stands as the fifth-best in baseball over the past half decade among pitchers with at least 600 innings of work. During his time with the Rangers, he’s tended to be a victim of high home run rates, thanks in part to Globe Life Field being among the most homer-friendly parks in the sport. That reality in conjunction with his solid 7.7% barrel rate with the Rangers helps to explain why advanced metrics like SIERA think so highly of Eovaldi, whose 3.88 figure over the past two seasons mirrors that of top free agent starter Corbin Burnes.

Of course, Eovaldi surely won’t come especially close to matching Burnes or the other top pitchers on the market this winter in terms of guarantee. That’s both because Eovaldi’s overall results (115 ERA+ from 2020-24) have fallen well short of that upper echelon of pitching talent in recent years, and also because he’ll already be 35 years old when pitchers and catchers report to Spring Training in February. While it seems reasonable to expect Eovaldi to earn a healthy average annual value, it would be surprising to see him land more than two or three years in free agency. That makes him a particularly interesting free agent as a potentially impactful rotation piece who may be more attractive to teams that tend to hesitate on lengthy contracts, like the Angels, Cubs, and Orioles, in addition to the Rangers’ aforementioned interest in a reunion. Sean Manaea, Nick Pivetta, and Luis Severino are among the other players who figure to occupy the middle tier of the free agent rotation market this winter.

Rangers Promote Ross Fenstermaker To GM

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Nov 4: The Rangers officially announced that Fenstermaker has been promoted to general manager, and that they’ve hired Figueroa as assistant GM. Additionally, the Rangers officially announced the hiring of Justin Viele as hitting coach, a move that was first reported last week.

Nov 2: Rangers President of Baseball Operations Chris Young was recently promoted to that title after signing an extension with the club back in September. That position had been vacant since Young took over baseball operations midway through the 2022 season after the firing of then-president Jon Daniels. Now, it’s the GM role that stands vacant, and Evan Grant of the Dallas Morning News reported this evening that the Rangers may be on the verge of a front office shakeup that could lead to that vacancy being filled.

According to Grant, the club is “zeroed in on” hiring Rays director of baseball operations Cole Figueroa for an assistant GM role. That deal is not yet completed, with Grant saying the hire remains dependent on typical background checks being completed, but if that deal comes together than Grant suggests that the addition could subsequently lead to the Rangers promoting internally to fill the vacant GM role.

Figueroa, 37, was an infielder who briefly played in the majors from 2014 to 2016, collecting 84 plate appearances with the Rays, Yankees, and Pirates during that time. Since his retirement following the 2016 season, Figueroa began working in the Rays organization in baseball operations. He was promoted to assistant director of hitting development in 2018 before taking on his current role with the Rays following the 2021 season. In some ways, Figueroa’s ascent up to front office work is similar to that of Young, who spent 13 years pitching in the majors before moving first to the commissioner’s office and then to the Rangers’ front office as GM.

With Figueroa likely coming on board as an assistant GM, that could make way for a current assistant GM to move up the ladder and become Young’s #2 in the front office. Specifically, Grant suggests that assistant GM and VP of player development and scouting Ross Fenstermaker could be the person tapped for the role. Fenstermaker joined the Rangers as a baseball operations intern in 2010 and made his way up the ladder through the scouting department, serving as a scout and crosschecker for nearly a decade before being promoted to director of pro scouting in 2018 and then promoted once again to senior director of pro and international scouting two years later.

Of course, whether that actually occurs or not remains to be seen, even if the Figueroa hire is completed. Grant notes that the Rangers have left the door open to finding a new GM to give Young a right-hand man but have never committed to doing so, even as front offices around baseball have increasingly began to utilize the GM role as a second-in-command behind the president of baseball operations. Texas isn’t the only club seemingly contemplating the addition of a GM to their front office this winter; the Red Sox could look to promote internally for the role as well, while the Giants recently did the same in hiring Zack Minasian to serve under new president of baseball operations Buster Posey.

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