2026-27 Club Options: NL Central
In recent weeks, MLBTR has looked forward to next winter’s option classes. We’ll move now to the NL Central, where the Cubs have a number of low-cost options to weigh.
Previous: AL East, AL Central, AL West, NL East
Chicago Cubs
- Matthew Boyd, LHP: $15MM mutual option ($2MM buyout)
Mutual options are essentially never exercised, so Boyd will be paid the $2MM buyout and return to free agency next winter. That’ll conclude a two-year, $29MM free agent deal that worked out well. Boyd’s 3.21 ERA over 31 starts a year ago essentially paid for the contract on its own.
The second season isn’t going as planned. Boyd missed a couple weeks in April with a biceps strain and suffered a more significant meniscus injury in his left knee earlier this month. He underwent surgery that’ll keep him out into late June at the earliest. The Cubs probably aren’t keen on their end of the option.
- Hunter Harvey, RHP: $8MM mutual option ($1MM buyout)
Chicago added Harvey on a one-year, $6MM deal in December. The talented but oft-injured reliever only pitched four times before landing on the injured list with triceps inflammation. Further testing this month revealed a stress reaction that’ll keep him down for a while. This will be an easy pass for the team.
- Carson Kelly, C: $7.5MM mutual option ($1.5MM buyout)
Kelly has outperformed his two-year, $11.5MM deal signed in December 2024. Initially brought in as a veteran complement to Miguel Amaya, the 31-year-old Kelly has earned the majority of the playing time. He’s a .261/.344/.421 hitter with 19 homers over his season-plus in Chicago. He’s fourth among primary catchers this season with a .381 on-base percentage. Kelly has a strong case for another two-year contract at a better annual rate than the option price, so his camp should have an easy time passing.
- Colin Rea, RHP: $7.5MM club option ($1MM buyout)
Rea, a 35-year-old swingman, is in the second season of his second stint with the Cubs. He’s clearly a favorite of skipper Craig Counsell, who also managed him in Milwaukee in 2021 and ’23. Rea pitched pretty well last season, managing a sub-4.00 ERA while starting 27 of 32 games. The Cubs had a $6MM team option for 2026, but the sides agreed to a restructured extension that guaranteed Rea $6.5MM in exchange for the righty tacking on a similarly priced club option for 2027.
Injuries again quickly pushed Rea from long relief into a back-end rotation spot. He hasn’t performed as well as he did last season, allowing nearly five earned per nine across 47 frames. Rea had consecutive quality starts against the Phillies in mid-April but has surrendered a 7.04 ERA over his past five times out.
Rea’s strikeout, walk and home run rates are all virtually identical to last season’s. There haven’t been any meaningful changes to his pitch mix or velocity. He’s essentially the same pitcher, with this year’s ERA spike mostly due to a higher average on balls in play. That’s always a risk for a pitcher like Rea who pounds the strike zone but doesn’t have overpowering stuff.
The Cubs will presumably look for a rotation upgrade or two in July that can push him back into a relief role. A buyout seems likelier than them picking up the option, though it wouldn’t be a surprise if they try to bring him back a slightly lower price given his flexibility in usage.
- Caleb Thielbar, LHP: $6MM mutual option ($500K buyout)
Chicago brought back Thilebar on a $4.5MM deal after he worked 58 innings of 2.64 ERA ball in 2025. The southpaw is making $4MM this year and will earn a $500K buyout at season’s end. He missed just under a month with a left hamstring strain and has been limited to 12 appearances. Thilebar has recorded 11 punchouts while allowing four runs (three earned) across 9 2/3 innings. The Cubs will probably pass on their end but could have interest in keeping Thielbar around for his age-40 season at slightly less money.
- Jacob Webb, RHP: $2.5MM club option (no buyout)
The Rangers surprisingly non-tendered Webb after he turned in 66 innings with an even 3.00 earned run average. Chicago signed him to a $1.5MM free agent deal that includes a $2.5MM team option for 2027. The righty has been a nice addition to Counsell’s middle relief corps, striking out a quarter of opponents with a 3.05 ERA over 20 2/3 innings. He’s getting swinging strikes and chases off the plate at career-best rates.
Webb has allowed right around three earned runs per nine in three straight seasons. His market has never really materialized, but a $2.5MM option is cheap enough that the Cubs would very likely bring him back if he keeps this pace all year.
The Cubs hold a $3.3MM club option on RHP Javier Assad. He’ll remain eligible for arbitration through at least 2028 even if the option is declined.
Cincinnati Reds
- Pierce Johnson, RHP: $8MM mutual option ($1.5MM buyout)
Cincinnati picked up Johnson on a one-year, $6.5MM deal after the Braves bought him out. The veteran righty has allowed eight runs over 19 1/3 innings with league average strikeout and walk numbers. His 9.3% swinging strike rate is a career low. Johnson is an MLB-caliber arm but more of a middle reliever than a setup man at age 35. An $8MM option price is too rich on the Reds’ end.
- Eugenio Suárez, DH/3B: $16MM mutual option
Cincinnati brought Suárez back on a one-year, $15MM deal late in the winter. It looked like a nice bargain pickup for a team that needed offense. Suárez’s age evidently tamped down long-term interest, but he hit 49 home runs a year ago. The return has started slowly, as he hit .231/.300/.363 through 100 plate appearances before sustaining a left oblique strain that sent him to the injured list. He began a rehab assignment with Triple-A Louisville yesterday.
The Reds will also pay a $3MM buyout to released infielder Jeimer Candelario.
Milwaukee Brewers
- Luis Rengifo, 3B: $10MM mutual option ($1.5MM buyout)
Milwaukee bought low on Rengifo with a $3.5MM deal in Spring Training. He’s making a $2MM salary and due a $1.5MM buyout on a $10MM mutual option. They haven’t gotten anything close to the desired bounce back. The switch-hitting utilityman carries a .199/.262/.257 line without a home run over 150 plate appearances. Third base feels like a priority for the Brewers at the deadline, at which point they could move on from Rengifo entirely.
- Gary Sánchez, C: Mutual option
The terms of Sánchez’s mutual option were never reported. He signed a $1.75MM guarantee to return to Milwaukee as a backup catcher/part-time DH. Although Sánchez is only hitting .198, he has walked 20 times and hit five home runs in 108 plate appearances. The Brewers will eventually want a look at prospect Jeferson Quero, but William Contreras will be an offseason trade candidate with free agency looming after 2027. They could look to keep Sánchez around as a cheap #2 catcher.
Milwaukee holds a $14.5MM club option on C William Contreras for his final season of arbitration. He’ll remain under team control if Milwaukee declines.
Pittsburgh Pirates
- Marcell Ozuna, DH: $16MM mutual option ($1.5MM buyout)
Pittsburgh added Ozuna late in the offseason on a $12MM deal. It didn’t make much sense at the time since it locked all of Ryan O’Hearn, Brandon Lowe and Spencer Horwitz into defensive spots without a fallback at designated hitter. Ozuna was also coming off a mediocre second half and playing in one of the toughest home parks for right-handed power.
Ozuna had an atrocious April. He’s at least drawing a lot of walks in May, but his season .179/.275/.305 line isn’t cutting it. It goes without saying that the Pirates aren’t exercising a $16MM option. The bigger question is whether they’ll keep Ozuna on the roster all year.
St. Louis Cardinals
- Dustin May, RHP: $20MM mutual option ($500K buyout)
May commanded a surprisingly strong $12.5MM guarantee despite coming off a 4.96 ERA season between the Dodgers and Red Sox. He’s making a $12MM salary and will collect a $500K buyout on the $20MM mutual option at season’s end. May has stayed healthy and taken all nine turns through the rotation, but he’ll take a 4.81 ERA into today’s start against the Pirates. His strikeout and whiff rates are well below average despite his 97 mph fastball. While May’s power stuff and early-career success have continued to intrigue teams, the recent performance has been that of a fifth starter. The Cardinals aren’t signing up for a $20MM option.
- Ryne Stanek, RHP: $6MM club option (no buyout)
St. Louis added the hard-throwing Stanek on a $3.5MM deal in January. They wanted an experienced leverage arm who could compete for the closing role and potentially be a midseason trade asset. Riley O’Brien seized the ninth inning, leaving Stanek alongside JoJo Romero and George Soriano in the setup group.
Stanek continues to sit around 98 mph and generate above-average strikeout and whiff rates. His already problematic control has pushed even further, though, and he’s walking nearly 18% of opposing hitters. It’s the third-highest mark among pitchers with at least 20 innings. The free passes have resulted in a 6.30 ERA over 23 appearances. Teams are inclined to bet on pitchers with this kind of stuff, but Stanek will need a better second half to convince the Cardinals (or a potential midseason trade partner) to bring him back for $6MM.
- Ramón Urías, 3B: $4MM mutual option ($500K buyout)
St. Louis added Urías on a $2MM free agent deal during Spring Training. He’s making $1.5MM in salary and will be paid a $500K buyout. Urías limped to a .158/.279/.316 start over 25 games before landing on the injured list with tennis elbow.
Reds Sign Pierce Johnson
Jan. 15: The Reds have formally announced the signing. There’s a mutual option for the 2027 season on the contract as well, though since mutual options are never exercised by both parties, that amounts to little more than an accounting measure to push some of the $6.5MM salary to the ’27 books (by way of an option buyout).
Jan. 12: Johnson is guaranteed $6.5MM, reports Mark Feinsand of MLB.com.
Jan. 11: Right-hander Pierce Johnson is headed to the Reds, according to Jon Heyman of the New York Post. The details of the contract are not yet known. Johnson is represented by John Boggs & Associates.
Johnson, 34, was a first-round pick all the way back in 2012. He made his big league debut in 2017 but didn’t stick in the majors right away and eventually headed to Japan in 2019 to pitch for the Hanshin Tigers. The result was a dominant 1.38 ERA over 58 2/3 innings of work in NPB, and Johnson then returned to the majors in 2020 and posted strong numbers overall across three seasons with the Padres.
Missing most of the 2022 campaign due to injury, however, put Johnson in an awkward position entering free agency following the year. He caught on with the Rockies and struggled badly, posting a 6.00 ERA during his time in Colorado, but was still an attractive enough target to be dealt to the Braves at the trade deadline. Upon arriving in Atlanta, he looked like a different pitcher, turning in a a 0.76 ERA, 36% strikeout rate, and 5.4% walk rate across 24 appearances down the stretch for the Braves.
It was a performance so impressive that Atlanta chose to extend Johnson on a fresh two-year deal that guaranteed him $14.25MM, including a $250K buyout on a $7MM club option for the 2026 season. Johnson posted a 3.36 ERA and 3.77 FIP overall across 115 1/3 innings in the next two seasons, but he was unable to carry over the pinpoint command he had flashed down the stretch in 2023. His peripherals declined, culminating in the righty striking out a diminished (but still strong) 24.8% of his opponents this past year, and the Braves ultimately chose to buy out his 2026 option.
Now headed into his age-35 season, Johnson will join a Reds team that managed to squeak into the playoffs last year and has its sights set on returning in 2026. After re-signing Emilio Pagan to serve as the club’s closer, Cincinnati has continued to retool its bullpen by adding Caleb Ferguson and now Johnson. That trio should be joined by Tony Santillan to make a formidable late inning relief corps for the Reds, while former starters like Graham Ashcraft and Connor Phillips provide some upside but likely slide into lower-leverage roles. With a stacked rotation led by Hunter Greene and Andrew Abbott, Terry Francona’s pitching staff looks solid headed into the season.
The question for the Reds headed into 2026 is mostly focused around the club’s lineup. While Elly De La Cruz is a budding superstar and players like TJ Friedl and Spencer Steer have proven themselves to be quality role players, it’s hard to know if the Reds’ lineup will produce enough on offense to carry them back to October. Players like Noelvi Marte and Matt McLain have shown great promise in the past but have also struggled badly at times. The same can be said for reclamation projects JJ Bleday and Ke’Bryan Hayes. If the Reds have more planned this offseason after adding Johnson, adding more to the lineup would be the best way to improve the roster, whether that’s through free agency or perhaps a trade of someone like right-hander Brady Singer, who’ll be a free agent next winter.
D-backs Rumors: Marte, Johnson, Front Office
Even as general manager Mike Hazen continues to downplay the possibility of a trade, Diamondbacks second baseman Ketel Marte is one of the most talked-about players around baseball’s Winter Meetings at the moment. Hazen has called a trade unlikely, stating that despite far more public chatter this offseason, the amount of interest he’s receiving in Marte is in line with the robust interest he’s received in past offseasons. Like most front office leaders around the sport, Hazen has said that it’s his job to at least hear out inquiring teams on virtually any player, Marte included.
Arizona’s asking price has been reported to be anywhere from high to exorbitant. Nick Piecoro of the Arizona Republic adds more detail, reporting that one club who inquired with the Diamondbacks came away with the belief that it’d take an “established, well-regarded” starting pitcher and multiple additional pieces of value — presumably, controllable young big leaguers or nearly MLB-ready prospects.
While Marte has been connected to a litany of teams thus far, not all are in serious pursuit. Sportsnet’s Ben Nicholson-Smith reports that while the Blue Jays have checked in, their interest is more a case of due diligence than one of aggressively trying to make a deal happen. The starting point of an established young rotation piece would be hard for the Jays to include in their offer, Nicholson-Smith notes, and Trey Yesavage is really the only player on the roster who fits that role (and that would very likely be an understandable breaking point for the Jays). Similarly, Alex Speier of the Boston Globe suggests that while the Red Sox have looked into the possibility, Boston hasn’t been all that aggressive when discussing Marte with the D-backs.
Marte, 32, is owed $102.5MM over the next six seasons, though the sixth year on his contract is a player option valued at $11.5MM. That’s a hefty commitment but also less than he’d receive in free agency right now, coming off a .283/.368/.519 showing over the past three seasons (.283/.376/.517 in 2025). Moving Marte would, in theory, net the Diamondbacks an immediate rotation piece, multiple young players and $15MM in immediate payroll flexibility that could be used to help fortify the bullpen and/or infield corners (or, perhaps, to add even more rotation depth).
That said, the team is pursing those goals even while listening on its star infielder. Moving Marte, or shedding salary in general, isn’t any sort of prerequisite for the Diamondbacks to further round out the roster. RosterResource currently projects them for a $151MM payroll following yesterday’s $7.5MM deal with starting pitcher Michael Soroka. Owner Ken Kendrick has said payroll will decrease this season, but no firm number has been given. The D-backs are more than $35MM shy of last season’s Opening Day mark. There’s room to spend even if the budget will scale back.
The Soroka deal speaks to that, as do some of the team’s other pursuits. Arizona and right-hander Merrill Kelly reportedly have mutual interest in a reunion. The Snakes are reported to have interest in closer Pete Fairbanks. Just this morning, Piecoro reported that former Braves reliever Pierce Johnson is also of interest to the Diamondbacks.
Johnson, 35 in May, has spent the past two-plus seasons in Atlanta after going from the Rockies to the Braves at the 2023 trade deadline. He turned things around amid a brutal ’23 season following that swap, pitching to a 0.76 ERA down the stretch for his new club and earning himself a two-year, $14.25MM extension. Overall, Johnson totaled 139 innings and logged a tidy 2.91 earned run average during his time calling Truist Park home.
The Braves somewhat surprisingly declined a 2026 club option on Johnson, valued at $7MM, in favor of a $250K buyout. Given Johnson’s results in Atlanta and the modest (net) price tag of $6.75MM, there was a strong case to pick the option up.
Perhaps Atlanta was concerned about Johnson’s poor finish to the season. Nearly half the runs he allowed on the year came over the final month of play. From Aug. 25 onward, Johnson was rocked for nine runs on 19 hits and three walks. Four of those 19 knocks left the yard. His strikeout rate dropped nearly three percentage points, and his average fastball dipped by about 0.4 mph.
That could set the stage for Johnson to sign a one-year deal — or perhaps a two-year pact at a lighter AAV than the $7MM turned down by Atlanta. That sort of price point would work nicely for a D-backs club that’s trying to add multiple starters and multiple relievers in relatively affordable fashion. One move that won’t garner as many headlines but could still yield notable dividends to the team’s pitching hopes happened on the front office side of things earlier today, however.
Jason Mackey of the Pittsburgh Post-Gazette reported this morning that Jeremy Bleich, the Pirates’ director of pitching development, is leaving the organization to join the Diamondbacks as an assistant general manager.
Bleich, 38, is a Stanford product whom the Yankees selected with the 44th overall pick back in 2008. He made one big league appearance on the mound with the 2018 Athletics but ended his playing career after the 2019 season. Bleich has been with the Pirates since 2020 and has played a role in helping to cultivate the organization’s enviable pipeline of young pitching talent. Paul Skenes was likely to develop into an ace wherever he landed, but the Bucs have had a high conversion rate on second- and third-round picks like Braxton Ashcraft, Jared Jones, Bubba Chandler and Hunter Barco, among others, and have seen lower picks (e.g. 11th-rounder Mike Burrows) develop into quality big league contributors. The Diamondbacks, conversely, have struggled to finish the development of their top pitching prospects in recent seasons.
Diamondbacks prospects who’ve ranked among the top of their system but have yet to pan out in the majors in recent years include Brandon Pfaadt, Bryce Jarvis, Blake Walston, Corbin Martin and Drey Jameson, to name a few. Since 2019, Ryne Nelson is the only pitcher the D-backs have drafted and received even three total WAR from in the majors. Bleich obviously can’t be solely credited with the Pirates’ success in pitcher development, but it’s not at all surprising to see the Snakes pry a prominent name in pitching development away from a rival club as they look to improve their fortunes moving forward.
Braves To Decline Club Option On Pierce Johnson
The Braves will decline their $7MM club option on right-handed reliever Pierce Johnson, reports Jon Heyman of the New York Post. He’ll receive a $250K buyout and become a free agent. Johnson is the second affordable reliever whose 2026 option has been declined by Atlanta today. The Braves also opted for a buyout over exercising Tyler Kinley‘s $5.5MM option.
It’s a fairly surprising decision regarding Johnson, who’s pitched well in two-plus seasons with Atlanta — particularly in 2025. The 34-year-old righty was acquired from the Rockies at the 2023 deadline, posted a sub-1.00 ERA down the stretch and was rewarded with a two-year, $14MM contract. Johnson has pitched 115 1/3 innings of 3.36 ERA ball since putting pen to paper on that deal, including a 3.05 ERA in 59 1/3 frames this past season. He’s posted nice strikeout and walk rates overall, and in 2025 fanned one-quarter of his opponents against an 8% walk rate.
That said, Johnson will be 35 next May and is coming off a poor finish to his season. Nearly half the runs he allowed on the year came over the final month of play. From Aug. 25 onward, Johnson was rocked for nine runs on 19 hits and three walks. Four of those 19 knocks left the yard. His strikeout rate dropped nearly three percentage points, and his average fastball dipped by about 0.4 mph. Those aren’t necessarily catastrophic red flags, but it’s also surely not a finish with which he or the team is satisfied.
While both the Johnson and Kinley decisions are somewhat surprising in isolation, the broader trend of seeing teams turn down reasonably priced options early in an offseason has been around for several years. Just last offseason, we saw reasonably priced options on Colin Rea, Andrew Chafin and Danny Coulombe bought out. Those teams clearly preferred not to allocate notable resources to relievers who weren’t set to be key leverage arms in 2025 (though Johnson was a regular in high-leverage spots with Atlanta). Even as far back as 2020, Cleveland waived Brad Hand and bought him out rather than pick up a $10MM option.
It’s tempting to read a bit too deep into the Braves’ bullpen decisions today, but declining options on a pair of mid-30s relievers doesn’t necessarily serve as a portent for an uncharacteristically thrifty offseason. Atlanta is never a particularly big spender in free agency under president of baseball operations Alex Anthopoulos, but the Braves typically add a mid-tier free agent or two and are active on the trade market. More of the same could unfold. By forgoing the club options on Johnson and Kinley, their projected luxury tax number at the moment is around $197MM rather than nearly $209MM, per RosterResource.
As for Johnson, he’s coming off a nice run of two and a half seasons working as a setup man. He still sits 95-96 mph with his heater and still posted quality rate stats. He ought to command a big league deal in free agency, although the lack of a trade likely indicates that he might have a hard time exceeding the $7MM price point of his prior option.
With Johnson and Kinley out of the mix, the back-end of Atlanta’s bullpen includes Joe Jimenez, Aaron Bummer and Dylan Lee. Anthopoulos & Co. will surely make further additions in the months ahead. The Braves have already been linked to a potential reunion with outgoing closer Raisel Iglesias, and there’s no shortage of veteran arms to peruse on this offseason’s open market.
Braves Rumors: Ozuna, Johnson
Braves designated hitter Marcell Ozuna is one of the team’s most obvious trade candidates. He’s a 34-year-old impending free agent on an Atlanta club that is 12 games under .500 and plans to listen on rental veterans between now and the July 31 deadline. Ozuna has been mired in a dreadful slump, hitting just .165/.257/.271 over his past 153 trips to the plate. Ozuna is still hitting .235/.361/.390 on the season overall, good for a 115 wRC+, but he’s not doing his best work at the plate of late.
That’s led to the Braves shuffling up the lineup at the cost of Ozuna’s playing time. Atlanta started both Drake Baldwin and Sean Murphy — one at catcher, the other at DH — twice in their first series of the season’s unofficial second half. Manager Brian Snitker made clear to the team’s beat that said arrangement will be more frequent down the stretch (link via Mark Bowman of MLB.com).
Ozuna will still get starts but likely in more selective matchups. He started Sunday’s game against Marcus Stroman because he’d faced Stroman before (Murphy had not) and homered against him. Snitker noted that, “If [Ozuna] is going to be here, he’s not going to rot [on the bench].”
Still, it’s a clear indication that Ozuna’s days as a regular player in Atlanta have largely dried up. That fact is only reinforced by this morning’s move to designate outfielder Stuart Fairchild for assignment to get veteran catcher Sandy Leon onto the big league roster as a third catcher. Leon presumably won’t play much, but rostering him offers protection against a scenario where Baldwin or Murphy suffers an injury on a day when both have started.
Ozuna maintained an upbeat mentality, telling the Braves beat that he’ll just “[stay] positive and ready for when they give me the opportunity” (link via The Athletic’s David O’Brien). He noted that he works for the Braves and accepts any decisions they make, which are out of his control. He offered a similar outlook on any potential trades, stating that “my agent and [president of baseball operations Alex Anthopoulos], that’s what they’re working on.”
It’s a notable comment for multiple reasons. First and foremost, that seems to indicate that Ozuna is aware some trade talks have taken place. That’s been widely assumed anyhow, but Ozuna’s comments offer some additional support for that thinking. Secondly, Ozuna made no mention of invoking his no-trade protection even when asked whether he wanted to remain in Atlanta long-term. The veteran slugger has more than 10 years of service, including the past five with the same team, which gives him full veto power over any trade scenario. If Ozuna plans to be selective in his destination, he’s not tipping his hand. Given that he’s been effectively relegated to a bench role on a non-contending club, perhaps he’d welcome any opportunity that brought more playing time and greater chances of returning to postseason play.
Ozuna and closer Raisel Iglesias — both impending free agents — are viewed as Atlanta’s likeliest players to change hands. Reliever Rafael Montero is also a free agent at season’s end and could move. The Braves have a 2026 club option on righty Pierce Johnson and have reportedly been closed off to dealing players with club control beyond the current season, but USA Today’s Bob Nightengale reported yesterday that the Braves have let other clubs know Johnson is available as well.
Johnson, 34, is a notable addition to the summer bullpen market. He’s making $7MM this year and has a club option for 2026 that’s valued at the same amount. It comes with a $250K buyout. That’s an eminently reasonable price for the right-hander, who’s in the midst of a career-best season on the mound.
In 35 2/3 innings, Johnson has pitched to a 2.78 earned run average while punching out 27.9% of opponents. He’s also sporting a career-low 7.1% walk rate. He’s been lights-out lately, boasting a 1.80 ERA with a 16-to-5 K/BB ratio in 15 innings since the calendar flipped to June. Johnson has picked up eight holds and a save on the season. There’s still about $2.6MM of this year’s guaranteed salary left, plus that $250K buyout. Of course, if he continues pitching at this level, then a net $6.75MM option for the right-hander will be a fairly straightforward call to exercise.
Latest On Braves’ Deadline Approach
The Braves have been in a downward spiral for much of the season. They’ve shown signs of life at various points, but those brief flashes were quickly stamped out by repeated injuries to star players. Atlanta lost Reynaldo Lopez to arthroscopic shoulder surgery in mid-April and was without both Spencer Strider and Ronald Acuña Jr. to begin the season. That All-Star duo has since returned, but over the past month the Braves have lost Chris Sale (fractured ribs), Spencer Schwellenbach (fractured elbow) and AJ Smith-Shawver (Tommy John surgery). Setup man Joe Jimenez underwent knee surgery in the offseason and is likely to miss the entire year as well.
On top of that brutal slate of pitching injuries, the Braves have seen several key players take major steps back in performance. Ozzie Albies and Michael Harris II have been two of baseball’s least-productive hitters. Closer Raisel Iglesias, fresh off a career-best year in 2024, is having a career-worst season in 2025 — although he’s recently rattled off 10 2/3 shutout innings with a 15-to-1 K/BB ratio, so perhaps he’s coming around. Austin Riley and Marcell Ozuna are both hitting better than the league-average hitter but worse than their career norms. Jurickson Profar missed 80 games due to a PED suspension.
The result is a 40-52 team that sits 13.5 games out of the division lead and 10 games back in the Wild Card hunt. FanGraphs gives Atlanta a 3.7% chance of making the postseason, which feels charitable for a club that presently has three healthy starters (Strider, Grant Holmes and Bryce Elder). The Braves rushed prospect Didier Fuentes to the majors just three days after his 20th birthday and despite having just 26 1/3 innings above A-ball under his belt. Predictably, it has not gone well (13.85 ERA in four starts).
The stage is set for Atlanta to operate in an unfamiliar manner this deadline, playing the role of a seller. President of baseball operations Alex Anthopoulos emphatically denounced the notion of even considering a trade of Sale last month, just prior to the left-hander’s injury. Anthopoulos called any speculation regarding a Sale trade “completely ridiculous” in an appearance on 680 The Fan in Atlanta.
“I never make definitive statements unless I’m going to stick to them,” he said at the time. “Once you make definitive statements and then you go back on them, you’re a liar and you’re done. [A trade of Sale] Will. Not. Happen. Bold, italicize it, caps.”
Even with the tumult that’s followed those statements — which predated not only Sale’s injury but also the Schwellenbach injury — the thinking doesn’t appear to have changed. Robert Murray of FanSided reports that the Braves have not discussed Sale in any trade talks and, furthermore, do not intend to listen on any player who’s controlled beyond the 2025 season.
[Related: Atlanta Braves Trade Deadline Outlook]
If that’s indeed the case, the Braves will be in for a quiet deadline. Atlanta only has three true free agents at season’s end: Iglesias, Ozuna and right-hander Rafael Montero. Any of the three could hold appeal on the market.
Iglesias, as noted, has had an uneven season but turned a corner of late. He’s sitting on a 4.67 ERA overall, but that’s a function of the 35-year-old’s 6.75 ERA through early June. Even as Iglesias struggled to those ugly results, however, he posted strong strikeout and walk rates. He was dogged by a .348 average on balls in play and a sky-high 21.9% homer-to-flyball rate along the way, but metrics like SIERA (3.34) still pegged him as a quality reliever and hinted at positive regression. Iglesias hasn’t markedly changed up his pitch selection, but he’s now missing far more bats in the zone and has recorded a colossal 20.7% swinging-strike rate over the course of his current hot streak.
That’s probably enough to drum up legitimate trade interest, especially when considering his track record. The right-hander has a 2.96 ERA and 233 saves in a career that spans more than a decade. From 2020-24, he posted an ERA of 2.74 or better each season, combining for a 2.44 mark with a 31.6% strikeout rate and 5.4% walk rate. This year’s $16MM salary is steep, but there will “only” be $5.333MM of that sum left come deadline day. (As of this writing, it’s $6.795MM.)
As for the 34-year-old Ozuna, he’s having a solid season at the plate but isn’t hitting anywhere near his 2023-24 levels. This year’s .236/.363/.385 slash is 14% better than league-average in the estimation of wRC+, a far cry from the 48% gap between Ozuna and the average MLB hitter in ’23-’24. Ozuna’s bat speed has dipped by 1.5 mph since 2023, per Statcast, dropping him from the 86th percentile of big league hitters to the 73rd. This year’s 42% ground-ball rate is his highest mark since 2019, while his 13.3% homer-to-flyball rate is his lowest since 2021.
Ozuna is also just swinging far, far less than in recent seasons. He offered at nearly 48% of the pitches he saw in 2023-24 but has swung at just 39.4% of the pitches he’s seen so far in 2025. That’s led to a major jump in walk rate, with the slugger sitting on a career-high 16.4% mark, but that selectivity has resulted in a dip in power output — both on a rate basis and in terms of totality.
While Iglesias has been rebuilding trade value as the summer wears on, Ozuna has been doing the opposite. He’s mired in one of the worst slumps of his career, hitting just .161/.254/.250 over his past 143 plate appearances dating back to early June. He’s still walked at a 10.5% clip along the way and has a roughly average strikeout rate (22.4%), but he’s hitting even more grounders in that stretch and has seen his quality of contact decline. Ozuna is making the same $16MM as Iglesias this season.
The only other pure rental on Atlanta’s roster is the 34-year-old Montero. The Braves surprisingly bailed the Astros out of nearly $3MM of Montero’s ill-fated three-year, $34.5MM contract when they acquired him early this season. He’s pitched decently, logging a 3.86 ERA in 28 innings but walking 12.8% of the batters he’s faced since being traded. He’s had better command recently, issuing just four walks to his past 74 hitters faced, however. With Houston on the hook for the majority of this year’s $11.5MM salary, Montero could hold appeal to teams looking for affordable bullpen help but unwilling to sacrifice top-end prospects to acquire it.
Other clubs will surely try to test the Braves’ resolve when it comes to dealing players controlled beyond the current season. Catcher Sean Murphy has been oft-speculated as a possible trade candidate thanks to the emergence of rookie catcher Drake Baldwin, though Ken Rosenthal of The Athletic recently reported that any such trade is likelier to occur in the offseason. Murphy is signed through 2028 and will be paid $15MM in each of the next three seasons.
Atlanta also has a pair of quality relievers with limited club control remaining in lefty Aaron Bummer (signed for next year at $9.5MM) and righty Pierce Johnson ($7MM club option for 2026). Both are having very strong seasons and will draw interest. Relievers are notoriously volatile, which could tempt Atlanta if another club presents a compelling offer. David O’Brien of The Athletic wrote this morning that the Braves could listen on Johnson, who has a 2.76 ERA, a 27.9% strikeout rate, a 7% walk rate and a 39% grounder rate in 32 2/3 innings. He’s picked up six holds and a save on the season.
There are perhaps larger-scale decisions coming down the pipe with regard to Albies — a former All-Star and Silver Slugger winner who’s batting just .221/.292/.320 in 391 plate appearances. His incredibly affordable club options for the 2026-27 seasons — $7MM apiece — make him a compelling rebound/change-of-scenery candidate.
It’d be tough for the Braves to decline his 2026 option, as it comes with a hearty $4MM buyout, rendering Albies a net $3MM decision. Even if the Braves hope to move on, it’s easy to imagine another club being interested in buying low at that price on what would be Albies’ age-29 and age-30 seasons. MLBTR readers were recently split nearly evenly in a poll on Albies’ future, with 54% saying the Braves should hold and hope for a rebound while 46% indicated that they should trade him, either now or in the offseason.
Looking Ahead To Club Options: NL East
MLBTR continues our division by division look at next year’s team/mutual option class with the NL East. Only three teams in the division have such options, though Atlanta’s group of decisions involve some of the more notable players in the class.
Previous installments: player options/opt-outs, NL West, AL West, NL Central, AL Central
Atlanta Braves
- Ozzie Albies, 2B ($7MM club option, $4MM buyout)
This is the final guaranteed season of the $35MM extension which Albies signed early in 2019. The deal was widely considered a massively team-friendly contract the day it happened, and that has proven to be the case. Albies has made a pair of All-Star teams, won two Silver Slugger Awards, and twice found his name on MVP ballots over the course of the deal.
There’s no intrigue to this one. The Braves will exercise the option, which ends up being a $3MM investment after factoring in the $4MM buyout. There will be another $7MM club option (with no buyout) for 2027 that will probably be a similarly easy call. Albies’ offense has declined over the past two seasons, as he’s hitting just .246/.300/.398 in 553 plate appearances since the start of 2024. The $3MM difference between the option price and the buyout is low-end utility player money, though. Even if the Braves start to question whether Albies remains the answer at second base, there’d be surplus trade value.
- Orlando Arcia, SS ($2MM club option, $1MM buyout)
Atlanta signed Arcia to a three-year, $7.3MM extension on the eve of the 2023 season. It looked like an odd move at the time, an unnecessary multi-year commitment for a likely utility infielder. Then Arcia broke out with an All-Star season while replacing Dansby Swanson as Atlanta’s everyday shortstop. The contract looked like a major coup for the front office.
Things have swung back in the opposite direction over the past year-plus. Arcia’s bat cratered last year, as he turned in a .218/.271/.354 line over 602 plate appearances. While the Braves stuck with him as their starting shortstop, he’s lost that role with a dismal start to the ’25 season. Arcia has hit .200 with eight strikeouts, one walk, and one extra-base hit (a double) through 31 trips. Nick Allen jumped him on the depth chart and has started the past five games. Arcia wouldn’t need to do much to convince the Braves to exercise an option that amounts to a $1MM decision, but he’s no longer a lock to even stick on the roster all season.
- Pierce Johnson, RHP ($7MM club option, $250K buyout)
Johnson dominated over 24 appearances after being acquired from the Rockies at the 2023 deadline. The righty would have been one of the better setup men in the following free agent class, but the Braves signed him to a two-year extension with a $14.25MM guarantee to keep him off the market. He has made consecutive $7MM salaries and has a matching club option with a $250K buyout for next season.
It has worked out nicely. Johnson fired 56 1/3 innings of 3.67 ERA ball with a strong 28.4% strikeout rate last year. He has punched out 10 while allowing four runs through 9 1/3 frames to begin this season. His whiffs are slightly down, while opponents are making more hard contact than they did a season ago. Those are worth monitoring, but Johnson’s overall body of work in Atlanta consists of a 2.89 earned run average with 109 strikeouts over 89 1/3 innings. As of now, a $6.75MM price point seems like solid value.
- Chris Sale, LHP ($18MM club option, no buyout)
Sale’s first season in Atlanta was brilliant. He posted an MLB-best 2.38 ERA while leading the National League with 225 strikeouts. He won his first career Cy Young award after finishing in the top six on seven occasions earlier in his career. He reestablished himself as an ace following some injury-plagued years. The trade in which he was acquired from the Red Sox for struggling second baseman Vaughn Grissom has been a steal.
The left-hander’s uneven start to 2025 has contributed to the Braves’ mediocre April. Sale has allowed 5.40 earned runs per nine through his first six outings. They’ve gone 3-3 in those contests. It’s largely the product of an inflated .400 batting average on balls in play against him. Sale’s 27.3% strikeout rate is down nearly five percentage points relative to last season, but it remains a well above-average mark for a starting pitcher. He’s getting whiffs on 12.9% of his offerings. His slider has been as lethal as ever. Opponents have feasted on his fastball so far, but there’s no dramatic change in velocity or spin. While the poor start has probably tanked his chance of repeating as the Cy Young winner, the $18MM option still seems like an easy “yes” for the front office.
Miami Marlins
- None
New York Mets
- Brooks Raley, LHP (club option, terms unreported)
Over the weekend, Raley reportedly agreed to terms with the Mets on a one-year deal with a club option. The signing has not been finalized, nor has the money been reported. Raley is working back from last May’s Tommy John surgery.
- Drew Smith, RHP ($2MM club option, no buyout)
The Mets also re-signed Smith on a one-year deal with an option after TJS — a July operation, in his case. He’s making $1MM for what will probably be a completely lost season. The Mets get an affordable $2MM option for next season that they’re likely to exercise so long as Smith doesn’t suffer a setback. If they do pick it up, he could earn another $750K based on his appearance total next season. Smith would make $50K apiece at 30, 35, and 40 appearances; $75K for 45 and 50 games; $100K at 55 and 60 appearances; and $125K each for 65 and 70 games. He owns a 3.48 ERA over parts of six seasons as a quality middle reliever for New York.
Philadelphia Phillies
- José Alvarado, LHP ($9MM club option, $500K buyout)
Alvarado signed for two years and $18.55MM in new money on a deal covering the 2024-25 seasons. He has made $9MM salaries in each of the past two years and has a matching option with a $500K buyout. That’s a little below the market rate for high-leverage relievers, which Alvarado has proven himself to be.
Over parts of five seasons with the Phils, the lefty carries a 3.34 earned run average. Bouts of wildness have led to some inconsistency, but he’s shown the ability to miss bats at plus rates while throwing as hard as any left-hander in the sport. Alvarado’s 24.4% strikeout rate last season was oddly pedestrian, but he’s fanned nearly 30% of batters faced in his career.
He has been back at peak form to begin this season. He has punched out 18 of 56 hitters (32.1%) while allowing only three runs through 13 2/3 innings. Alvarado has collected five saves and a pair of holds without blowing a lead, and he’s operating with career-best control (3.6% walk rate). It’s tough to envision him continuing to throw this many strikes — he walked more than 10% of opponents in seven consecutive years leading up to this one — but he’s the Phils’ most trusted reliever right now. This is tending towards an easy pickup.
- Matt Strahm, LHP ($4.5MM club/vesting option)
Shortly before Opening Day last year, Strahm preemptively signed a one-year extension covering the 2025 season. The lefty is making $7.5MM this year and has a club/vesting option for next season. It begins as a $4.5MM team option. The price would jump by $1MM apiece if he reaches 40, 50 and 60 innings pitched this year. If he hits 60 innings and passes a postseason physical, it vests at $7.5MM. It’s a straight vesting option, not one with an opt-out, so Strahm would return on a guaranteed deal if it triggers.
That’s a result with which the Phillies would probably be happy. Strahm turned in an excellent ’24 campaign, working to a 1.87 ERA while striking out a third of opposing hitters over 66 appearances. He has fanned 15 through his first 11 2/3 frames this year. Strahm has surrendered five runs, four earned, on 11 hits and four walks. His 91.8 MPH average four-seam fastball is down from last season’s 93.4 mark, which is a little alarming, but the results have been solid and he remains one of the more reliable setup options for skipper Rob Thomson.
Washington Nationals
- None
Braves Reinstate Pierce Johnson, Jackson Stephens Elects Free Agency
TODAY: Stephens has again rejected the outright assignment and opted for free agency, the Braves announced.
MAY 18: The Braves announced that right-hander Pierce Johnson has been reinstated from the 15-day injured list. Now recovered from some elbow inflammation, Johnson will take the roster spot of Jackson Stephens, who has been outrighted to Triple-A Gwinnett.
Johnson’s initial IL placement was backdated to May 1, so the reliever will end up missing only slightly beyond the 15-day minimum stint. As noted by MLB.com’s Mark Bowman (X link), Stephens’ status seems to have played a role in Johnson not being immediately reinstated when first eligible, as it gave a bit of extra time for Stephens to pass through waivers. There hadn’t been any public indication that Stephens had been designated for assignment before today’s outright announcement.
Over his first 12 innings of the 2024 season, Johnson had a 3.00 ERA, 32% strikeout rate, 10 percent walk rate, and a 58.6% grounder rate. Control has long been Johnson’s chief issue as a big league pitcher, as he carried an 11.5% walk rate across his 137 2/3 innings with three different teams from 2017-22. That number spiked to a 13.3% in 39 innings with the Rockies last season, and a 6.00 ERA before Johnson’s career was turned around in a deadline trade to Atlanta. Johnson delivered an exceptional 0.76 ERA as well as a 5.6% walk rate and 36% strikeout rate in 23 2/3 innings for the Braves, immediately cementing his place as a key member of the bullpen mix. The Braves were impressed enough to offer Johnson a two-year, $14.25MM contract extension to keep him from testing free agency.
Since Stephens is out of minor league options, the Braves have repeatedly cycled him through the DFA/outright process in order to send him to Triple-A. Stephens has usually elected for free agency in this scenario (as is his right as a player who has previously been outrighted off a 40-man roster) only to re-sign with Atlanta on a new minors contract. It seems quite likely that history could repeat itself here, if Stephens wants to first test the market out of due diligence if nothing else, before returning to his role as a depth arm in the Braves’ system.
Amidst the constant transactions, Stephens has pitched pretty well since initially joining the Braves in the 2021-22 offseason. He has a 3.52 ERA across 69 total innings, with 53 2/3 of those frames coming in 2022 since he missed a good chunk of last season due to injuries.
NL East Notes: Luzardo, Ortiz, Johnson, Nationals
Jesus Luzardo was reinstated from the Marlins‘ 15-day injured list today, with right-hander Eli Villalobos optioned to Triple-A in the corresponding move. Luzardo struggled to a 6.58 ERA over his first five starts and 26 innings before a mild left flexor strain (initially diagnosed as elbow tightness) sent him to the IL, so the three-week layoff between starts can hopefully set as a refresh of a tough season to date for the 26-year-old. The returns of Luzardo and Braxton Garrett this weekend will help the injury-riddled Marlins rotation, though Edward Cabrera has now also gone down with a shoulder impingement.
Beyond the immediate help that Luzardo will bring to Miami’s pitching staff, today’s start figures to reignite the trade rumors that have swirled around the left-hander for months. If Luzardo recaptures his 2021-22 form, he would be a very hot commodity at the trade deadline, as he is arbitration-controlled through the 2026 season. The Luis Arraez trade has already signaled that the Marlins are in sell mode, but while the team pulled the trigger early on that deal, Luzardo’s suitors will want to see a larger sample size of healthy and productive starts before moving what would have to be a very substantial trade package to pry him away from Miami.
Some more from around the NL East…
- Phillies reliever Luis Ortiz is set to restart his throwing program today after he was shut down due to right shoulder inflammation. “We don’t think it’s anything, but we’re just taking it easy on him,” Phils manager Rob Thomson told MLB.com and other media. A sprained ankle in his first game of the season sent Ortiz to the 15-day IL back on March 31, and he made Triple-A rehab appearances on both April 23 and 25 before his new shoulder issue popped up. Ortiz had a 3.32 ERA in 19 relief innings for Philadelphia last season, amidst many shuttles up and down from the majors and Triple-A.
- Braves manager Brian Snitker told reporters (including Justin Toscano of the Atlanta Journal-Constitution) that Pierce Johnson is “looking really good” as he works his way back from a bout of elbow inflammation. Johnson was placed on the 15-day IL a week ago, but is already doing some low-intensity mound work, and appears to be on pace to miss only the minimum 15 days. Johnson has emerged as a key piece of Atlanta’s bullpen after being acquired by the Rockies at the last trade deadline, and the Braves extended the right-hander on a two-year deal worth $14.25MM in guaranteed money back in October to keep Johnson off the free agent market.
- Nationals fans received positive updates regarding a pair of injured young righties recently. As relayed by MLB.com’s Injury Tracker, manager Dave Martinez told reporters that both Josiah Gray and Cade Cavalli threw off a mound in their rehab processes yesterday. Gray hit the shelf with a flexor strain just two starts into his 2024 campaign and reportedly looked good in his 35-pitch bullpen session, throwing 32 of the pitches for strikes. Cavalli, meanwhile, threw 45 pitches in 2 2/3 simulated innings as he works his way back from last year’s Tommy John surgery. Gray appears to be closer to a return to action than Cavalli, who Martinez indicated is on track for a return sometime next month. Washington has relied on left-hander Mitchell Parker, who has posted a strong 2.67 ERA in five starts this season, to round out the club’s rotation in Gray’s absence.
Braves Place Pierce Johnson On 15-Day Injured List
The Braves placed right-hander Pierce Johnson on the 15-day injured list due to inflammation in his throwing elbow. Johnson’s placement is backdated to May 1. Atlanta also announced that Jackson Stephens‘ contract has been selected from Triple-A Gwinnett, and that to create 40-man roster space for Stephens, left-hander Angel Perdomo was moved from the 15-day IL to the 60-day IL.
Acquired from the Rockies prior to last season’s trade deadline, Johnson posted an 0.76 ERA over 23 2/3 innings for the remainder of the 2023 season, with a 36% strikeout rate and 5.6% walk rate to go along with that tiny ERA. Given those hugely impressive numbers, it isn’t surprising that the Braves moved to extend Johnson before he hit free agency, locking up the righty to a two-year, $14.25MM contract last October before Johnson hit the open market.
Johnson’s numbers haven’t been quite as outstanding in 2024, yet with a 3.00 ERA, 32% strikeout rate, and a 58.6% grounder rate, there’s still plenty to like about his performance. His walk rate has ticked back up to 10 percent, which is of some concern given how control has sometimes been a struggle for Johnson throughout his seven MLB seasons.
For now, however, the bigger concern is just getting Johnson back onto the field, though there isn’t yet any indication that his elbow problem is anything more than soreness. Johnson (who turns 33 next week) did miss most of the 2022 season due to forearm tendinitis, so his recent injury history does have a prominent arm-related issue.
The Braves’ deep bullpen should provide enough cover to withstand a relatively short absence for Johnson, but in the meantime, Stephens should receive his first MLB action of the 2024 season. The right-hander posted a 4.83 ERA for the Reds over 63 1/3 innings in 2018-2019 and a 3.56 ERA for the Braves in 65 2/3 frames in 2022-23, and spent the three seasons in between pitching in the minors, the Mexican League, and sitting out due to the canceled 2020 minor league season.
Stephens is out of minor league options, so he has been a frequent visitor to DFA limbo over the last year as the Braves had to continually designate him for assignment and then outright him in order to remove Stephens from the 40-man roster. While Stephens has used his right to elect free agency rather than just accept the outright assignments, he has then re-signed with Atlanta on a new contract. It wouldn’t be surprising to see this scenario play out again if Stephens’ latest stint on the 26-man is relatively short-lived, either due to Johnson’s quick return or if Atlanta cycles another fresh arm into the bullpen and Stephens is against the odd man out.
Perdomo underwent Tommy John surgery last October, so he was already slated to miss the entirety of the 2024 season. Surgery notwithstanding, the Braves claimed him off waivers from the Pirates last November (ironically, with Stephens getting outrighted as the corresponding move), cut Perdomo prior to the non-tender deadline, and re-signed him to a split contract in December. Since Perdomo is controlled through the 2028 season, the Braves are making a long-term bet on a reliever who had some pretty solid numbers for Pittsburgh in 2023.