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Reds Trade TJ Hopkins To Giants

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The Giants announced Tuesday that they’ve acquired outfielder TJ Hopkins from the Reds in exchange for cash or a player to be named later. Cincinnati designated Hopkins for assignment last week.

Hopkins, 27 next month, made his MLB debut this past season and went 7-for-41 (all singles) with a pair of walks and 17 strikeouts in 44 plate appearances. It was hardly an eye-catching debut, but the 2019 ninth-rounder’s production in Triple-A Louisville was far more intriguing. In his first full season at the top minor league level, Hopkins delivered a robust .308/.411/.514 batting line with a 14% walk rate, 23.9% strikeout rate, 16 home runs, 18 doubles, a triple and a pair of steals.

Hopkins has played primarily left field in his professional career but has plenty of experience in right field and center field as well. He’s been an average or better hitter at every minor league stop and steadily improved both his walk and strikeout rates as he’s climbed the minor league ladder. Hopkins was in the first of three minor league option years this past season, so he has two more remaining. He’ll give the Giants a right-handed depth bat to add to a heavily left-handed outfield mix.

Presently, the Giants project to have lefties Michael Conforto and Mike Yastrzemski in the outfield corners, where they’ll flank newly signed center fielder Jung Hoo Lee. The KBO star — another lefty bat — signed a six-year deal that’ll pay him $113MM just last week. Also in the outfield mix in San Francisco are righties Mitch Haniger, Austin Slater, Luis Matos, Heliot Ramos and lefties Blake Sabol and Wade Meckler. Haniger, who’s entering the second season of a three-year contract, could see a fair bit of time at designated hitter. Sabol could see big league time as a reserve catcher and outfielder.

Rockies, Chance Adams Agree To Minor League Deal

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The Rockies have re-signed righty Chance Adams to a minor league deal and invited him to big league camp this spring, reports Jon Heyman of the New York Post. He’d earn at a $740K rate in the Majors.

Adams, 29, once ranked among the best pitching prospects in the sport but hasn’t yet found any success in the big leagues. The 2015 fifth-rounder has totaled 41 2/3 MLB frames, yielding a dismal 8.42 ERA in that time. Adams has a far better track record in Triple-A, where he’s turned in a 4.06 ERA in parts of five seasons (a total of 343 1/3 innings).

Adams hasn’t pitched in the Majors since a brief 2020 look with the Royals. He wound up requiring Tommy John surgery that October and made a very brief return to the Royals minor league ranks late in the ’21 campaign (6 2/3 innings). Adams didn’t pitch with an affiliated club in 2022 and spent the 2023 season in the Rockies organization, where he’ll now return.

Though he worked primarily as a starter early in his career, Adams came out of the bullpen for the Rockies’ Triple-A club last season. In 32 2/3 innings, he worked to a 3.86 ERA with solid walk and ground-ball rates of 7.1% and 44.9%, respectively. Adams fanned only 15% of his opponents in Albuquerque, however.

Back with the Rockies and seemingly back to full strength, Adams will have an opportunity to earn a spot in the Colorado bullpen this spring. The Rockies don’t have a ton of bullpen flexibility, with six relievers who can’t be optioned: Justin Lawrence, Tyler Kinley, Daniel Bard, Nick Mears, Jalen Beeks and Rule 5 pick Anthony Molina. There should still be a couple spots up for grabs, however, particularly if Molina doesn’t end up sticking on the roster and is eventually returned to the Rays.

Latest On Yoshinobu Yamamoto’s Market

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There’s been ample speculation about the eventual price tag of a Yoshinobu Yamamoto contract, but until early this week, the right-hander hadn’t discussed specific years and dollars with clubs, ESPN’s Jeff Passan reports.

Teams eyeing the NPB ace’s services were asked to submit a “preliminary” bid early in the process to gauge the seriousness of their interest, per Passan, but a follow-up round of more concrete bidding hadn’t taken place prior to this week. Yamamoto has met with several teams recently, presumably to familiarize himself with each organization and the systems and personnel in place at each potential landing spot. Entering the week, no teams had made a formal offer of $300MM or more, despite speculation to the contrary; none, in fact, had submitted a formal offer even beyond that preliminary bid. Passan wrote that some clubs have tried to broach the subject of years and dollars, but Yamamoto’s camp preferred to hold off until this week.

The Yankees, Mets, Dodgers, Giants, Red Sox, Phillies and perhaps the Blue Jays among the teams reported to have met with Yamamoto over the past 14 days. Ken Rosenthal of The Athletic characterized both the Phillies and Blue Jays as teams more on the periphery of the bidding as of this morning, however (video link). It takes only one aggressive bid to change that perception, of course, but it’s notable that they’re being framed in that manner at present.

The two New York clubs have long been known to be serious bidders for Yamamoto, though the manner in which he fits into each club’s landscape of potential offseason moves is quite different. The Yankees, for instance, have no intention of easing up even if they miss on Yamamoto. If they can’t lure the 25-year-old righty to the Bronx, Rosenthal suggests they’ll look to bolster the roster elsewhere. Among the possibilities he lays out are a run at bringing Jordan Montgomery back to the Bronx or perhaps building a stacked bullpen with pursuits of top-tier relievers like Josh Hader, Jordan Hicks and Robert Stephenson.

That seems to be a direct contrast to how the Mets are approaching the situation. The Athletic’s Will Sammon wrote over the weekend that the Mets are focused on Yamamoto and Yamamoto alone; they’re not expected to change course and pursue other marquee additions if Yamamoto ultimately signs elsewhere. Mike Puma of the New York Post reports that the Mets will submit a formal offer to Yamamoto in the next couple of days, adding that the team’s expectation has been that Yamamoto will reach a decision before next Monday. That’s entirely dependent on the player’s mindset, of course; Yamamoto’s 45-day negotiation window with MLB clubs doesn’t draw to a close until Jan. 4.

MLBTR polled readers last week, with more than 27% indicating they believe Yamamoto will sign somewhere between $300-325MM, not including the posting/release fee owed to his former club, the Orix Buffaloes. The Yankees and Dodgers were the top predicted landing spots, with both drawing about 22% of the vote (though the Yankees technically garnered 88 more of the 17,000+ votes than the Dodgers).

The Opener: Carpenter, Royals, MLBTR Chat

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As MLB’s offseason continues, here are three things we’ll be keeping an eye on around the baseball world throughout the day today:

1. Will Carpenter find a new team?

The Braves released veteran slugger Matt Carpenter yesterday, sending the 38-year-old to the open market. Carpenter posted an otherworldly performance as a member of the Yankees in 2022 when he slashed a whopping .305/.412/.727 across just 47 games. Outside of that brief stint in the Bronx, however, Carpenter has posted below average offensive numbers every year following the 2018 campaign, when he finished in the top-10 of NL MVP voting with the Cardinals.

While Carpenter’s age and mostly meager production in recent years make it reasonable to wonder if he’ll be able to land a job with a big league club, it’s worth noting that any interested club would only have to pay a pro-rated portion of the big league minimum for the time Carpenter spends on the roster given the Padres and Braves are still on the hook for his 2024 salary. That could make him an affordable option for teams in need of a lefty bat on a tight budget.

2. Royals working through roster crunch:

The Royals have spent more than $100MM on free agents this offseason, and the influx of additions has led to something of a logjam on the 40-man roster in recent weeks. To accommodate their new signings, Kansas City has shipped right-hander Taylor Clarke to Milwaukee, outfielder Edward Olivares to Pittsburgh, and most recently right-hander Jonathan Heasley to Baltimore in minor trades while also surrendering right-hander Collin Snider to the Diamondbacks on waivers. That flurry of activity has allowed them to make official the signings of right-handers Seth Lugo, Michael Wacha and Chris Stratton as well as left-hander Will Smith.

Even after all of that, the club still has one more player for whom they’ll need to open a 40-man roster spot: outfielder Hunter Renfroe, who the club reportedly agreed to a two-year deal with last week. The Royals have largely been successful in working out small trades for marginal players on their 40-man roster while navigating through this roster crunch, though it remains to be seen if they’ll pull off a fourth swap in that vein or have to settle for designating a player for assignment to accommodate Renfroe as they did with Snider to make room for Smith.

3. MLBTR chat today:

With the new year swiftly approaching, are there any questions burning in your mind about the offseason as 2023 comes to a close? Are you wondering what’s next for your favorite team, or perhaps curious about what the market for a particular free agent looks like? If so, tune in this afternoon when MLBTR’s Steve Adams hosts a live chat with readers at 1pm CT. You can click here to ask a question in advance, and that same link will allow you to join in on the chat once it begins or read the transcript after its completed.

The Best Remaining Fits For Cody Bellinger

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For the past six weeks, the offseason has centered on three individuals: Shohei Ohtani, Juan Soto and Yoshinobu Yamamoto. With the first two having found new homes and Yamamoto expected to choose his team within a week or two, there’s likely to be greater attention placed on Cody Bellinger.

MLBTR’s #2 free agent entering the winter, Bellinger has had a quiet offseason since declining his end of a mutual option and rejecting a qualifying offer from the Cubs. Early reports tied the lefty-hitting center fielder to the Yankees, Giants and Blue Jays. The incumbents have some amount of interest in a reunion, although the presence of highly-regarded rookie Pete Crow-Armstrong gives them leverage to pass on what’s surely still a lofty asking price.

Last week, the New York Post’s Jon Heyman wrote that Bellinger’s camp at the Boras Corporation were seeking to reach or surpass $200MM. Yet it’s fair to presume that the former MVP’s market has dwindled over the past month. Along with Soto, the Yankees acquired Alex Verdugo and Trent Grisham to join Aaron Judge in the outfield. San Francisco signed Jung Hoo Lee to play center field instead. That knocks out the two teams widely perceived as the favorites. (At the beginning of the offseason, every MLBTR staffer pegged the Giants or Yankees as Bellinger’s landing spot in our Free Agent prediction contest.)

Where does that leave things for the two-time All-Star?

Likeliest Fits

  • Angels: It’s difficult to identify exactly where the Angels go from here. Los Angeles has thus far limited its offseason activity to a trio of low-cost middle relief additions (Luis García, Adam Cimber and Adam Kolarek). Ohtani was their top priority. After losing him, they’ll need to determine how aggressively to add to a roster that won only 73 games despite his MVP performance. GM Perry Minasian and new skipper Ron Washington have been clear they’re not about to rebuild. Bringing in a front-line starting pitcher appears the top priority, but they’ll also need to address a lineup that ranked 16th in runs and lost a .304/.412/.654 hitter. Bellinger would give the Angels an option to cover center field if Mike Trout needs any time on the injured list. He’d push Mickey Moniak to a fourth outfield role and could take some of the available DH at-bats. He’s also a marquee name who starred in Los Angeles, which could hold appeal to owner Arte Moreno.
  • Blue Jays: USA Today’s Bob Nightengale wrote over the weekend that the Jays looked like the top suitor for Bellinger. It’s not hard to see why. The Jays came up empty on their pursuits of Ohtani and Soto. While no one would consider Bellinger the same kind of upgrade, Toronto still has ample short-term payroll space and a need for a left-handed bat. They’re also without a clear answer in center field after Kevin Kiermaier hit free agency. The Jays could sign a corner outfielder and bump Daulton Varsho to center (or simply try to re-sign Kiermaier), but Bellinger is the best all-around position player on the open market.
  • Cubs: Bellinger was among the Cubs’ most valuable players a season ago. While they may have initially viewed him as a one-year stopgap to Crow-Armstrong, there’s an argument for bringing him back. The Cubs don’t have a clear option at first base, where Bellinger is a plus defender. His ability to play all three outfield spots would afford the organization the flexibility to start Crow-Armstrong in Triple-A (where he struck out at a concerning rate in 34 games last season) without needing to rely on journeyman Mike Tauchman to maintain his surprisingly strong form from 2023. Even if Tauchman and/or Crow-Armstrong prove deserving of everyday playing time, the Cubs could rotate Ian Happ and Seiya Suzuki through designated hitter to keep their outfield fresh.

Longer Shots

  • Mets: New York could upgrade over either Starling Marte or DJ Stewart in the corner outfield. There’s room for Bellinger to join Brandon Nimmo as a long-term outfield investment, but it doesn’t seem that’s how the front office is approaching this winter. The Mets are in on Yamamoto but appear to view him as an exceptional case in what’d otherwise be a relatively quiet offseason as they focus primarily on 2025.
  • Nationals: While Washington isn’t an immediate contender, they could make a legitimate push for the playoffs by the ’25 season. Bellinger, who turned 28 in July, would still project as a productive player during that window. The Nats have top outfield prospects Dylan Crews and James Wood looming, but only Lane Thomas should have a short-term spot locked down. The Nationals struck early on the Jayson Werth signing to accelerate a rebuild a decade ago. There’d be some sense in doing that again, but they’ve been fairly quiet in recent offseasons and still have organizational uncertainty regarding their local TV deal as part of the contentious MASN arrangement with the Orioles.
  • Phillies: Philadelphia is involved on Yamamoto, suggesting an ability to stretch the budget for the right player. Whether Bellinger qualifies isn’t clear. Brandon Marsh is a solid center field option, while the Phils have Johan Rojas and Cristian Pache as options for the corner opposite Nick Castellanos. It’s not a terrible outfield, but it’s also perhaps the weakest area of an otherwise excellent roster. The Phils haven’t shied away from pursuing star talent under owner John Middleton and president of baseball operations Dave Dombrowski.

Payroll Questions

  • Mariners: Seattle is likely to bring in at least one outfielder to join Julio Rodríguez and a group that otherwise consists of players like Dominic Canzone, Taylor Trammell and Sam Haggerty. Bellinger fits on the roster, but the M’s have thus far sliced payroll amidst uncertainty about the revenues from their local TV deal with Root Sports. President of baseball operations Jerry Dipoto hasn’t signed a free agent hitter to a multi-year contract in his eight-plus years leading the Seattle front office. Breaking that streak with Bellinger would be a massive shift in operating procedure.
  • Padres: Much of what applies to the Mariners can be said about the Padres. They want to compete after a disappointing playoff miss. They need outfield help to do so. Yet they’re also facing questions about their broadcasting deal and have only cut payroll so far this offseason. With Lee’s six-year, $113MM deal pushing beyond their spending range, it’s hard to see how they could make Bellinger work.
  • Rangers: The defending World Series winners could ostensibly make room for Bellinger, perhaps by trading incumbent center fielder Leody Taveras to address an injury-plagued rotation. GM Chris Young has suggested they’re unlikely to make the kind of free agent splash they have in prior offseasons, though, so it’s far likelier they stick with an internal group of Adolis García, Taveras and Evan Carter while awaiting the arrival of top prospect Wyatt Langford.

KBO’s NC Dinos Sign Kyle Hart

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Left-hander Kyle Hart signed with the NC Dinos of the Korea Baseball Organization, the team announced (h/t to  Jee-ho Yoo of Yonhap News). He’ll be paid a $200K signing bonus and a $500K salary, while there’s another $200K in possible incentives.

Hart, a 6’5″ hurler from the University of Indiana, has four major league games to his name. Those came with the Red Sox in 2020. He struggled in that limited look, allowing 21 runs in 11 innings. While he hasn’t gotten back to the big leagues since, he signed successive minor league contracts with the Phillies and Mariners this past season.

The former 19th-round pick only pitched once for the Phils’ top farm team. He was a regular member of the rotation for Seattle’s Triple-A team after signing in June, however. Over 18 starts in the Pacific Coast League, Hart posted a 4.58 ERA through 88 1/3 innings. He struck out a reasonable 22.1% of opponents against a 9.1% walk rate.

This will be Hart’s first overseas stint. He joins former Marlins left-hander Daniel Castano as the club’s two foreign-born pitchers to open the season. They replace Erick Fedde (who signed a $15MM deal with the White Sox) and Tanner Tully. Yoo notes that the team is not retaining outfielder Jason Martin, so they’ll look for an additional hitter to meet their allotted three non-Korean players.

Cubs, Tom Pannone Agree To Minor League Contract

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The Cubs are in agreement with left-hander Thomas Pannone on a minor league deal, reports Jon Heyman of the New York Post (on X). He’ll be in major league camp as a non-roster invitee. Pannone would be paid at an $800K rate for any time on the MLB team.

Pannone returns from South Korea, where he spent a half-season with the Kia Tigers. The 29-year-old also played part of the 2022 campaign with the Tigers before returning to the affiliated ranks last offseason. He reached the majors for one game with the Brewers, working 2 2/3 innings of relief. Milwaukee granted him his release in July so he could re-sign with the Tigers.

Over 16 appearances in Korea, he worked to a 4.26 ERA across 82 1/3 frames. Pannone had a modest 18.8% strikeout rate while walking 6.6% of batters faced. It marked a step down from his KBO performance in 2022, when he’d posted a 2.72 ERA over a near-identical workload.

Before this year’s cup of coffee in Milwaukee, Pannone’s big league experience was with the Blue Jays between 2018-19. He pitched in a swing capacity for Toronto, allowing 5.43 earned runs per nine over 49 appearances (13 of which were starts). Pannone has compiled a 5.10 ERA with a 21.4% strikeout percentage in 305 career Triple-A frames. He’s out of options, so if he cracks Chicago’s MLB roster at any point, he’d need to remain in the majors or be designated for assignment.

Rays, Garrett Acton Agree To Two-Year Minor League Deal

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The Rays are in agreement with right-handed reliever Garrett Acton on a two-year minor league contract, reports Jon Heyman of the New York Post (X link). It’s a split deal that would pay him at the MLB minimum rate of $740K next season and a $775K salary in 2025 for any time he spends in the big leagues.

Acton, 25, made his major league debut last season. The Illinois product pitched in six games, allowing eight runs in 5 2/3 innings. While his small sample results were rough, Acton averaged nearly 96 MPH on his fastball in that time. Over 29 Triple-A innings, he had an impressive 26.4% strikeout percentage and a decent 8.8% walk rate. Acton has posted big strikeout tallies throughout his time in the minors, although the fly-ball specialist has also had trouble keeping the ball in the yard.

Oakland released Acton in the middle of July. He had been placed on the minor league injured list with an undisclosed health issue on June 11. Marc Topkin of the Tampa Bay Times tweets that Acton had undergone Tommy John surgery. He’s likely to miss most of next season, explaining the two-year term on the deal.

Acton has less than one year of MLB service and a pair of option years. If the Rays add him to the 40-man roster at any point within the next two seasons, they could easily move him between Tampa Bay and Triple-A Durham.

Julio Rodríguez Tops 2023 Pre-Arb Bonus Pool

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Mariners center fielder Julio Rodríguez will receive $1,865,349 from the $50MM bonus pool for pre-arbitration players, the highest of the 2023 recipients, per a report from Ronald Blum of the Associated Press. The AP later released a full list of bonus recipients.

A notable new element of the current collective bargaining agreement is that $50MM is to be taken from central revenues annually and distributed to players that have not yet qualified for arbitration. Certain portions of the money are to be based on awards voting:

  • Rookie of the Year: $750K for first place, $500K for second place
  • MVP and Cy Young: $2.5MM for first place, $1.75MM for second place, $1.5MM for third place, $1MM for fourth or fifth place
  • All-MLB: $1MM for being named “First Team,” $500K for being named “Second Team”

As Blum highlights today, a player is eligible to receive the bonus for one of those achievements per year, earning only the highest amount. Rodríguez finished fourth in American League MVP voting, meaning he got $1MM for that, which accounted for the majority of his payout. After the bonuses, the remainder of the pool is divided on a percentage basis among the top 100 players based on the joint MLB/MLBPA-created version of WAR.

Players are still eligible even if they have signed extensions, as long as they would have been pre-arb without signing such a deal. Rodríguez and the Mariners signed a convoluted extension towards the end of his rookie season in 2022 but he’s only at two years of service time now. Since he would have been pre-arb without that extension, he was able to top this year’s pool.

The following 10 players got more than $1MM:

Last year, Dylan Cease got the biggest slice of the 2022 pie, taking home $2,457,426.

Orioles Acquire Jonathan Heasley From Royals

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The Orioles have acquired right-hander Jonathan Heasley from the Royals in exchange for minor league right-hander Cesar Espinal, per announcements from both clubs. This appears to be the corresponding move for right-hander Michael Wacha, whose deal with the Royals was officially announced by that club earlier today. Jeff Passan of ESPN relayed the deal prior to the official announcements. Baltimore’s 40-man count is now at 38.

Heasley, 27 in January, was a 13th-round pick of the Royals in 2018 but seemed to increase his stock with a strong 2021 campaign. That year, he tossed 105 1/3 innings in Double-A with a 3.33 earned run average, striking out 27.7% of batters faced while issuing walks at just a 7.9% clip. He was added to the Kansas City roster in mid-September and went into 2022 with a bit of helium. FanGraphs and Baseball America each ranked him the club’s #13 prospect for 2022.

He hasn’t found much success since then, however, serving as a frequently-optioned depth arm. In his 133 2/3 major league innings to this point, he has a 5.45 ERA and 14.5% strikeout rate. In 134 Triple-A innings over the past two years, he has a 6.11 ERA, though his 22.6% strikeout rate at that level is more encouraging. He still has an option so the O’s can continue to develop him without having to give Heasley a spot on the active roster. He has worked both as a starter and reliever in recent years, though it’s unclear if the O’s have a particular role in mind for him.

Espinal, 18, is not a prospect of note as of right now. He has 53 2/3 innings of minor league experience thus far, pitching in the Dominican Summer League in the past two years. He has a 4.02 ERA in that time, along with a 21.9% strikeout rate and 11% walk rate.

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