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Blake Snell

Giants Notes: Snell, Yastrzemski, Conforto

By Steve Adams | September 13, 2024 at 2:32pm CDT

The Giants already extended one potential free agent by when they inked third baseman Matt Chapman to a six-year, $151MM contract that overrode the remaining two years and $34MM on his previous pact and negated the opt-out clause he was sure to exercise. Now, the recruiting pitch for another likely opt-out candidate is on. Giants righty Logan Webb appeared on Chris Rose’s podcast this week and suggested he’s doing everything he can to convince Blake Snell to re-sign on a longer-term deal and plant roots in the Bay Area (YouTube link, with Snell talk beginning at the 18:15 mark). Asked by Rose how he can help make sure Snell is back with the Giants in 2025, Webb replied:

I’m going to do everything [I can]. I don’t know how that’s all going to work out. I kind of hope they do what they did with Chappy — start conversations now, so we’re not bidding against other teams. I’m sure there’s teams in our division that are going to try hard to get him. Teams need good starting pitching, and he’s been the best in baseball since the beginning of July. It’s been awesome to watch, and he’s one of my favorite teammates. Hopefully we do everything we can to get him back.

He didn’t have a spring training, right? … He was kind of scuffling. I think he was doubting himself a little bit. And then, all of a sudden, look what happens when he gains some confidence. He’s back to Blake Snell. He’s a two-time Cy Young Award winner. Not many guys are two-time Cy Young Award winners, and you can see it when he throws. He’s throwing pellets. It’s unbelievable, as a lefty. I don’t know how anybody hits this. We’ve got to do everything we can to get him back. I do think he should be a big part of our future going forward.

Webb noted to Rose that he doesn’t plan to campaign to the front office in unprompted manner — though public-facing comments of this nature are in a way indirectly doing so — but would offer his opinions and any feedback if asked. It’s clear that Webb, a perennial Cy Young candidate himself, values Snell’s on-field contributions as well as the left-hander’s presence in the clubhouse.

The assertion that Snell has been baseball’s best arm dating back to early July is hard to argue, too. Snell’s no-hitter gained plenty of attention, but as I explored in a piece for Trade Rumors Front Office subscribers a couple weeks ago, Snell has picked up his annual second-half momentum and looks to be back in Cy Young form. He obviously won’t win the award this season after a dismal start to the season that included him twice landing on the injured list, but since returning from his latest IL stint on July 9, Snell has a 1.45 ERA in 68 1/3 innings. He’s punched out a gaudy 36.5% of his opponents, offsetting a higher-than-average 10.5% walk rate, and allowed two or fewer runs in 11 of his 12 starts (the exception being a three-run, six-inning quality start on Aug. 7).

That run of dominance makes Snell’s opt-out an easy call — the alternative would be a $30MM player option for the 2025 season — but it’s not clear whether the front office has engaged with agent Scott Boras (who also reps Chapman). The Giants have been reluctant to make weighty long-term offers to free agent pitchers under the current front office regime. Webb’s five-year, $90MM extension is the largest contract the Giants have given to a pitcher under president of baseball operations Farhan Zaidi in both years and dollars. They haven’t signed a free agent for more than three years (Anthony DeSclafani’s $36MM deal) or for more than a total of $44MM (Carlos Rodon’s two-year deal). Snell should breeze past both marks.

Snell isn’t the only Giant whose future is uncertain, of course. The Giants have a wide slate of potential free agents but also some borderline arbitration calls. Outfielder Mike Yastrzemski spoke with Susan Slusser of the San Francisco Chronicle about his own status. The 34-year-old is owed a raise on his $7.9MM salary this offseason and has turned in a fairly typical season by his standards, slashing .237/.310/.441 with 15 home runs and quality defense in right field.

Yastrzemski has been a fine value at his current salary, but an arb raise could push him north of $10MM. For a player in his mid-30s who’s unlikely to return to his standout 2019-20 form, that could be present a difficult decision as the non-tender deadline approaches in November — particularly since the Giants have a number of younger outfield options. Heliot Ramos has solidified himself in the 2025 outfield, and center fielder Jung Hoo Lee will be back next year after undergoing shoulder surgery that ended his season back in May. Grant McCray, 23, has looked a bit over his head in 85 plate appearances so far (.247 OBP, 41% strikeout rate), but he had a decent showing in Triple-A this year. He and/or Luis Matos could push into the picture next season.

Perhaps there’s a scenario where Yastrzemski is more of a part-time player, but his salary could be steep for that role. He made clear to Slusser he hopes to be back, however, even mentioning a willingness to sign a two-year deal that’d lower his contract’s average annual value. We don’t typically see players heading into their final arbitration season voice willingness to sign for only two years, but Yastrzemski is older than most players with five-plus years of service and also spoke of how he’s “grown so in love with” the organization, the stadium, the clubhouse and the city itself.

Slusser also adds that outfielder Michael Conforto, a free agent at season’s end, is hoping to return to San Francisco. It’s difficult to envision a scenario where both Yastrzemski and Conforto are back next year, however, as the Giants will want to earmark playing time for Ramos and Lee and surely want to leave the door open for at-bats for younger outfielders like McCray and Matos. One of Conforto or Yastrzemski, at most, seems feasible.

The 31-year-old Conforto has never regained his star-level form after undergoing shoulder surgery two years ago, but he’s popped 16 homers for the Giants this season while batting .229/.307/.430. He’s been about 7% better than average after weighting for his home park, by measure of wRC+, but he’s also sitting on the lowest full-season walk rate of his career (9.3%) and his highest strikeout rate (25%) since 2017.

Conforto likely won’t come close to the two-year, $36MM contract he received from the Giants two offseasons ago this time around. Familiarity with the player could prompt some interest in a reunion from the San Francisco front office, but he hasn’t been a handily above-average bat since 2020 at this point. A modest one- or two-year deal could be the outcome this offseason, and a Giants club hoping to establish more of an offensive identity moving forward might prefer to shuffle the lineup rather than largely maintain the status quo.

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Second-Half Snell Is Doing It Again

By Steve Adams | August 30, 2024 at 3:04pm CDT

Over the course of any given calendar year, Major League Baseball is full of oddities. The Dodgers gave the largest pitching contract ever to a starting pitcher who'd never pitched in the majors. The Marlins waved the white flag on their season after about five weeks. Rich Hill signed his eighth career free agent deal with the Red Sox. Heck, Danny Jansen played in the same game for two different teams. All that said, Blake Snell has had one of the strangest calendar years of any player in the game.

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Blake Snell, Jordan Montgomery Discuss Relationship With Scott Boras

By Darragh McDonald | August 26, 2024 at 11:58pm CDT

The most recent offseason was undoubtedly disappointing for the players on the whole. Many of them signed deals well south of expectations, with the most high-profile examples being the so-called “Boras Four”. Each of Blake Snell, Jordan Montgomery, Matt Chapman and Cody Bellinger, who are all represented by the Boras Corporation, lingered on the market deep into the offseason and ultimately signed deals below industry forecasts, though with opt-outs that will allow them to retest free agency in the future.

The two pitchers in that foursome evidently have different feelings about how this played out, based both on their actions and their words. Montgomery landed a one-year, $25MM deal with the Diamondbacks that didn’t become official until March 29. The deal also contained a $20MM vesting player option that Montgomery could unlock with at least ten starts in 2024, with his 18th and 23rd starts also adding $2.5MM to the option. On April 11, less than two weeks after that deal was signed, it was reported that Montgomery had switched his representation from Scott Boras to Joel Wolfe and Nick Chanock of Wasserman.

“I don’t know, obviously Boras kind of butchered it,” Montgomery said last week, per Mac Cerullo of the Boston Herald, “so I’m just trying to move on from the offseason and try to forget it.” Montgomery adds that, to his knowledge, he didn’t receive an offer from the Red Sox in the winter.

“Yeah, for sure. Me and my wife loved it here. She was at Beth Israel for a year, love the area, love the fans,” Montgomery said when asked whether he would have considered an offer from the Sox. “It would have been awesome if it had worked out that way, but it didn’t.”

The Herald also received a comment from Boras himself in response. “I saw what Jordan said. I know what it is to be frustrated with this game. As a former player I feel for him. But I’m also a lawyer with obligations to my clients, including former ones. So I cannot discuss what happened or the decisions Jordan made unless he gives me permission,” Boras said. “If he gives me the green light I’ll be happy to talk about it. I’ve been doing this for over 35 years. I relay all offers and relevant information to all my clients and act at their direction. They make all decisions. We wish Jordan well.”

Montgomery was frequently connected to the Red Sox both because the club was in need of starting pitching and because his wife was working in the area, as he mentioned. Most reporting throughout the offseason suggested that the two sides weren’t close to agreeing on a deal. In early March, Jon Heyman of The New York Post reported that the two sides were in contact but that Montgomery was looking for a seven-year deal that the Sox didn’t want to give out.

We can’t know for sure what sorts of discussions were taking place between Boras and the Red Sox, or any other teams, but Montgomery is clearly not thrilled with the way it played out. Not everyone places the blame on Boras though, as Blake Snell is still a Boras guy and defended him when asked about the Montgomery comments.

“My experience with Scott has been great,” Snell said yesterday, per Andrew Baggarly of The Athletic. “He told me everything that was happening, all the offers I got. So for him to just get bashed for what I believe is false, that’s not fair at all. I really strongly believe that.”

When asked about Montgomery’s tough time, Snell responded thusly: “He signed the deal that he ultimately wanted to sign,” Snell said. “He has the choice. I don’t know what other deals he was offered, but I know everything that was offered to me. It’s just sad that he thinks that way when I see Scott as a very honorable man.”

Boras has a lengthy track record of securing huge deals for his clients but it’s possible that he still could have whiffed on the recent offseason, which Snell was asked about. “Yeah, or it could just be a free agency where no one was really pushing to get anybody,” said Snell. “It sucks because that was … our year to get our deals that we worked so hard to get. But ultimately the market’s the market. You can’t control it. You can’t get upset about it the way it is. Just pitch better, find a way to do better, continue to compete. Whatever you believe you deserve, you go earn it.”

There is some logic to Snell’s framing of the winter, which was mostly defined by a lack of spending. Only four free agents got nine-figure deals in the winter, as shown on MLBTR’s Contract Tracker, compared to nine in the previous offseason. Of the four from the most recent winter, three of them were fairly unique cases. One of those was the mega deal for Shohei Ohtani, who is an unprecedented talent. Two others were for 25-year-olds coming over from Asia: Yoshinobu Yamamoto and Jung Hoo Lee. The fourth was for Aaron Nola. The rest of the market was modest, with solid regulars like Amed Rosario, Jurickson Profar, Randal Grichuk, Michael A. Taylor and others getting $4MM or less. It would appear that Montgomery believes Boras could have handled that environment better while Snell simply views it as something that was beyond his control.

In addition to their differing opinions about the past, both players now appear to have divergent future. Montgomery has struggled badly with the Snakes this year and was recently moved to the bullpen. As of today, he has a 6.44 earned run average through 95 innings and 19 starts. Unless he turns things around dramatically in the coming weeks, it would appear his best course of action is to take his player option and hope for better results in 2025. By making at least 18 starts this year, he has unlocked that option and raised the value to $22.5MM.

Snell, on the other hand, has been on fire after a slow start. By the end of June, he had two stints on the injured list, six starts and a 9.51 ERA. But he came off the IL in early July and has posted a 1.30 ERA in his nine most recent starts, including a no-hitter against the Reds earlier in August. The lefty signed a two-year, $62MM deal with the Giants that allows him to opt-out at season’s end. He could trigger a $30MM player option for 2025 but could also walk away with $32MM banked and then take another shot at free agency.

If he keeps putting up good numbers for the next few weeks, it’s highly likely that another trip to the open market is in the cards. Speaking of the rest of the season, Snell says that “I’ll enjoy those starts and make the most of them and we’ll figure out what happens after that later,” before adding that he has high confidence in Boras to handle whatever comes next. “Of course,” Snell said. “High confidence. Really high.”

Boras tends to be a polarizing figure in baseball circles, so the struggles of the “Boras Four” led to a lot of schadenfreude and declarations that he was “washed” or over the hill. However, Boras is well set up to be a key player in free agency again this winter. Snell, Chapman and Bellinger will all have chances to return to the open market, while Boras also represents big-name players slated for free agency this winter such as Juan Soto, Corbin Burnes, Alex Bregman, Pete Alonso, Yusei Kikuchi, Sean Manaea, Tyler O’Neill, J.D. Martinez and many others. What those players will be entering another frosty market or not remains to be seen.

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Dodgers, Rangers Had Interest In Blake Snell Prior To Trade Deadline

By Mark Polishuk | August 8, 2024 at 9:45pm CDT

Blake Snell was still wearing a San Francisco uniform once the July 30 trade deadline passed, as the Giants’ big asking price and the team’s own desire to retain its ace for the playoff hunt ended whatever chance existed of a blockbuster move.  Reports linked such teams as the Orioles, Padres, Yankees, Mets, and Cubs to Snell’s market in some capacity, and the New York Post’s Jon Heyman writes that the Dodgers and Rangers also among the clubs “to check in” on Snell’s availability.

The degree of interest shown for either club isn’t known, and Heyman’s “check in” phrasing implies something of a due-diligence exploration to see how open the Giants might’ve been about moving Snell, and what it might’ve taken to land the southpaw.  Snell would naturally be an upgrade to any rotation, particularly for teams like the Dodgers and Rangers who have been dealing with pitching injuries all season.

Considering how the Giants and Dodgers have made only two trades with each other since the 1968 season, it is hard to imagine San Francisco seriously considered dealing an ace pitcher to their arch-rivals down the California coast.  Even though Giants president of baseball operations Farhan Zaidi worked as the Dodgers’ GM before being hired in his current job, it’s probably safe to guess that whatever talks Zaidi had with his old boss Andrew Friedman about Snell were fairly brief in nature.  Los Angeles instead landed Jack Flaherty as its biggest pitching prize of deadline season, and will be counting on Flaherty and some injured pitchers returning from the IL to bolster the staff heading down the stretch and into October.

Landing Snell would’ve completely overturned an otherwise quiet deadline for Texas, as the Rangers brought Andrew Chafin and Carson Kelly into the fold in separate trades with the Tigers, while Michael Lorenzen was dealt to the Royals.  The modest set of moves underscored the Rangers’ uncertainty about making a push with a roster that has underachieved for most of the season.  Texas had gotten up to a 51-52 record on July 25, but have since lost nine of their last 12 games, probably closing the door on a defense of their World Series title.

Similar to the Dodgers, Texas has also been playing without most of its first-choice rotation for the better part of the year.  Several arms were slated to make returns at midseason, but Max Scherzer’s return was short-lived, and other pitchers (such as Jon Gray) have since gotten hurt in the interim.  A win-now move like acquiring Snell might’ve backfired if the rest of the roster wasn’t up to par, so it could be that the Rangers also had something of a cursory interest in Snell’s services.

Beyond just this trade deadline, however, these teams’ interest in Snell could extend to the offseason.  Snell can opt out of the second year of his Giants contract to re-enter free agency, which now seems to be likely given Snell’s incredible results since returning from the IL last month.  (As Heyman hears from two rival general managers, “it would take a ’catastrophic’ or ’debilitating’ injury for Snell to exercise” his 2025 player option and remain in San Francisco.)  Texas has a lot of money coming off the books this winter and Los Angeles is always open to signing top free agents, so these could be two teams to monitor if and when Snell hits the open market.

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NL West Notes: Snell, Rushing, Senzatela

By Steve Adams and Darragh McDonald | August 7, 2024 at 10:32am CDT

Blake Snell’s free agency was one of the top — and most drawn-out — storylines of the 2023-24 offseason. After lingering on the market well into spring training despite having just won his second Cy Young Award, he inked a two-year, $62MM deal with the Giants that affords him the ability to opt out and return to the open market again this offseason (this time without a qualifying offer). Snell’s decision to eventually settle on a two-year pact with San Francisco came months after a reported overture from the Yankees, who pivoted to sign Marcus Stroman after Snell rejected a longer-term offer.

At the time, MLB.com reported that the Yankees had put forth a six-year, $150MM offer to Snell, which he purportedly spurned in hopes of landing a lengthier deal. Snell himself was asked about the reported terms in a recent appearance with hosts Scott Braun, A.J. Pierzynski and Cameron Maybin on Foul Territory (video link). While the two-time Cy Young winner declined to delve into specifics, he stated in no uncertain terms that the numbers which became public were not accurate.

“The deal that came out — that wasn’t what was offered to me,” said Snell. “I can say that. … What they offered wasn’t close to that.”

Snell understandably wasn’t keen on going into specifics, which is common practice for players and executives alike when discussing free-agent interest. (Although Teoscar Hernandez notably divulged the Red Sox’ offer to him in a recent interview.) At this point, the specifics matter little; Snell seemed like a long-shot to join the Yankees once they added Stroman and pushed themselves into the top tier of luxury-tax penalization, meaning Snell would’ve come with a 110% tax hit (thus making his current $31MM AAV an expenditure north of $65MM). He signed with the Giants, and after a disastrous and injury-marred start to his San Francisco tenure, he looks largely back to Cy Young form.

Snell’s upcoming player option will mark a fascinating decision. If he continues at his current post-IL pace or anywhere near it (33 innings, 0.55 ERA, 36.3 K%, 8.8 BB%), he’ll surely turn down that second year and look for a long-term pact. He’s recently blanked the Rockies while punching out 15 batters over six frames and, of course, threw a no-hitter against the Reds his last time out. However, if he begins to struggle or incurs further injuries, there’ll be more consideration given to the second season of the contract. Few finishes in baseball will be more intriguing to follow than that of Snell.

Some other notes from the National League West division…

  • The Dodgers recently promoted catching prospect Dalton Rushing from Double-A to Triple-A and his new team seems to come with a new assignment. Oklahoma City manager Travis Barbary says Rushing will exclusively be playing left field for now, per broadcaster Alex Freedman on X. The move is likely related to the fact that the Dodgers won’t have any playing time available behind the plate for a while. Will Smith recently signed an extension that runs through 2033. He’s essentially locked into the backstop role because Shohei Ohtani will be the designated hitter through 2033 while Freddie Freeman has first base locked up through 2027. Even after trading Thayron Liranzo in the Jack Flaherty deal, the Dodgers have two top 100 catching prospects in Rushing and Diego Cartaya, but Cartaya is considered the better defender with Rushing considered better at the plate. It’s been speculated that the club might deal from this catching surplus but it also seems they’re experimenting with Rushing at other positions to improve his chances of cracking the roster. He has logged some first base time as well as 35 innings in left field in Double-A and he now seems set to add to that total at Triple-A. Before the promotion, he hit 17 home runs in 77 Double-A games and drew walks in 11.4% of his plate appearances, slashing .270/.378/.512 for a wRC+ of 147. If he can generate that kind of offense in the majors or anything close to it, his bat will play at any position.
  • Rockies right-hander Antonio Senzatela is going to begin a rehab assignment on Thursday, per Patrick Lyons of Just Baseball on X. The righty underwent Tommy John surgery just over a year ago, in July of 2023. His return won’t have a huge impact on this season as the Rockies are 42-72, ahead of only the lowly White Sox. But getting back on the mound before the offseason would be a nice development as the club looks to have a much stronger rotation in 2025 that could consist of Senzatela, Germán Márquez, Kyle Freeland, Cal Quantrill, Austin Gomber and Ryan Feltner. Senzatela and Márquez both underwent Tommy John surgery last year and have missed most of this season while Freeland also missed a couple of months due to a left elbow strain. Márquez was reinstated last month but went back on the IL due to elbow inflammation.
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NL West Notes: Snell, Musgrove, Muncy, Blackmon

By Mark Polishuk | August 3, 2024 at 12:13pm CDT

Blake Snell made some more baseball history last night when the two-time Cy Young Award winner threw a no-hitter against the Reds.  The 18th no-hit game in the history of the New York/San Francisco Giants franchise, Snell’s gem saw him rack up 11 strikeouts against three walks on 114 pitches.  It was also the first time Snell had ever thrown eight full innings in any of his 202 career starts, let alone a complete game.

The no-no continues what has now become one of the better pitching stretches of all time.  Snell has an 0.55 ERA over his last five starts (33 IP), in what has been an incredible turn-around after an injury-plagued first half of the season.  Signing with the Giants only in the midpoint of March, the lack of a proper Spring Training resulted in Snell posting a 9.51 ERA in his first 23 2/3 innings and six starts, as well a pair of trips to the injured list.  It was after his latest return from the IL that Snell began his amazing five-start run, capped off with his legendary game yesterday in Cincinnati.  While the Giants received plenty of trade interest in Snell prior to last Tuesday’s deadline, keeping an in-form ace will go a long way towards helping San Francisco’s chances at the playoffs.

More from around the NL West…

  • Joe Musgrove will begin a minor league rehab assignment on Sunday, the Padres righty told Jeff Sanders of the San Diego Union-Tribune and other reporters.  Musgrove said his first rehab outing is slated to be 45-50 pitches over three innings, adding “I feel healthy and I feel like I’m past the elbow issue.  Now it’s just a matter of getting my stuff to a point that’s getting big-league hitters out.”  Due to bone spurs in his throwing elbow, Musgrove hasn’t pitched since May 26, and his absence figures to stretch into at least mid-August as he gets fully ramped up.  The Padres would certainly use some reinforcement in their rotation, as Michael King is day-to-day with a calf bruise, and Sanders doesn’t feel King is likely to make his next scheduled start tomorrow.
  • Speaking of long-term injury absences, Max Muncy has been out since mid-May with a lingering oblique strain, but Dodgers manager Dave Roberts told media (including MLB.com) that Muncy is set to take part in a simulated game on August 8.  According to Roberts, a visit with a chiropractor helped Muncy finally have a “breakthrough” in overcoming the ongoing discomfort in his oblique.  Muncy’s return can’t come soon enough for the injury-riddled Dodgers, as the third baseman was posting his usual solid numbers — nine homers and a .223/.323/.475 — over his first 167 plate appearances of 2024.
  • Charlie Blackmon is day-to-day with a bruise under his left eye after the Rockies veteran was hit in the face by a deflected throw in yesterday’s game.  On a grounder to second base, a wayward throw from Xander Bogaerts saw the ball hit Blackmon’s arm and deflect up into his face, and an obviously hurt Blackmon was forced to leave the game.  The good news is that Blackmon passed initial concussion tests, even if there was some facial swelling.
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Latest On Giants’ Deadline Plans

By Mark Polishuk | July 29, 2024 at 11:57pm CDT

The Giants surprised many with tonight’s stunning trade that sent Jorge Soler and Luke Jackson to the Braves, yet the move doesn’t appear to be signalling a larger trend towards a selloff in the Bay Area.  Susan Slusser of the San Francisco Chronicle (via X) writes that “it doesn’t sound as if the Giants have plans to make any more significant subtractions, especially from the rotation.”  That latter specification implies that Blake Snell probably isn’t going to be on the move, despite increased speculation in the last few days that teams have been inquiring about the left-hander’s availability.

Whether the Giants make any noteworthy additions also still seems to be in question, as Slusser feels the team could bring in a new outfielder “if they add.”  The Athletic’s Andrew Baggarly writes that the Giants are looking for a good defender to play center field, and Heliot Ramos would then be moved into a corner outfield slot.  Star prospect Marco Luciano will be recalled for another crack at the big leagues, and Luciano will factor into the DH picture with Michael Conforto and (when healthy) Wilmer Flores now that Soler is gone.

Naturally plans could still change as things develop leading up to the deadline, as The Athletic’s Ken Rosenthal recently suggested that the Giants feel they could move Conforto to a team that would take on the rest of the roughly $6MM remaining of his $18MM salary.  It could be that the Soler trade already provides enough financial relief that the Giants wouldn’t feel compelled to move Conforto as well, though if payroll isn’t a primary concern, the Giants could be freeing up some money to be flexible enough for a larger splash if an pricier option becomes available.

This type of measured approach to the trade deadline isn’t likely to please the San Francisco fanbase, yet it speaks to the team’s uncertain position in the standings.  The Giants are 53-55 with a -16 run differential, but a four-game winning streak has brought them within four games of an NL wild card berth.  With a number of lesser opponents (i.e. the A’s, White Sox, Marlins) all coming up on the schedule in the next five weeks, the ingredients might be there for the Giants to make a run…..or the front office could see the hill as too tall to climb.

In regards to Snell in particular, Baggarly says San Francisco would “have to be overwhelmed” to trade the southpaw, and the team is “not expecting something to materialize” between now and 5pm CT on Tuesday.  For comparison’s sake, Baggarly said the Giants would want more for Snell than the Blue Jays got from the Astros in the Yusei Kikuchi trade earlier tonight. 

The New York Post’s Jon Heyman also reported that the Giants weren’t willing to include any money in a Snell trade to cover the significant remaining cost of his contract.  The two-year, $62MM deal Snell signed last offseason breaks down as a $17MM signing bonus that has already been paid, a $15MM salary for 2024 (so roughly $5MM remains owed), and then $30MM in 2025.  While Snell can opt out of that second year and return to free agency, rival teams are understandably wary about taking on that possible hefty cost, considering that Snell has a checkered injury history.

An opt-out didn’t appear to on the cards whatsoever for Snell just a few weeks ago, yet he has revived his trade value with some exceptional pitching since his return from the injured list.  Snell has an 0.75 ERA and a 35.7% strikeout rate over 24 innings in his last four starts, suddenly once again looking like the dominant ace who won the NL Cy Young Award last year.

The Cubs, Orioles, Padres, and Yankees are all known to have expressed some level of interest about Snell, and SNY’s Andy Martino reports that the Mets have also “checked in” with the Giants, with “no traction” yet on any possible deal.  Martino implies that this might have been something of a due diligence call from the Mets, as naturally any contender would want to at least touch base with San Francisco about what it would take to pry Snell away.

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Orioles Interested In Blake Snell

By Darragh McDonald | July 29, 2024 at 10:02am CDT

Giants left-hander Blake Snell might be available before the trade deadline, with the Yankees, Padres and Cubs having already been connected to him in rumors. The Orioles can be added to that pile, as Jon Heyman of The New York Post reports on X that the O’s are “aiming high” at the deadline thanks to their new owner and strong farm system.

The Orioles have generally acted very conservatively in recent years, hardly spending any money at all. MLBTR’s Contract Tracker shows that, since April 2018, the O’s haven’t given out a larger contract than the $13MM deal for Craig Kimbrel. The only multi-year deals they have given out have been two-year extensions for John Means and Félix Bautista, players that were already controllable but facing recoveries from Tommy John surgeries.

The lack of spending was somewhat justifiable while the club was in the depths of a rebuild, but it has carried over into the new competitive window that they are currently in. It has been speculated that things might open up once the planned sale of the club went through and there are some signs that is now happening.

David Rubenstein’s purchase of the club didn’t become official until the end of March, the cusp of Opening Day, so the O’s still had a fairly modest offseason. But here in the lead-up to the deadline, they have shown a willingness to absorb some money, both for this year and into the future. They acquired Zach Eflin from the Rays, with that pitcher still owed roughly $3.8MM of his $11MM salary and a big spike to $18MM next year. They also acquired Seranthony Dominguez from the Phillies, who is making $4.25MM this year and has an $8MM club option for next year.

Acquiring Snell would be a risky proposition on account of his opt-out but the O’s are perhaps the club best suited to take such a risk. As recently laid out by MLBTR’s Anthony Franco in a piece for Front Office subscribers, teams are usually hesitant to trade for players with player options or the ability to opt out. There’s no real difference between the terms “player option” or “opt-out”, as either one gives the player the control over what transpires.

Trading for such a player at the deadline comes with more downside than upside for the acquiring club. If the player performs well, they will trigger the opt-out and leave, making them a rental. If they perform poorly or get hurt, the club is stuck with them at a price that’s unpalatable, as the player wouldn’t have accepted it otherwise.

Due to their lack of spending in recent years, the O’s came into this year with almost nothing on the books for 2025 and beyond. The $1MM owed to Bautista was the only guarantee, though they have since added Eflin’s $18MM, as mentioned. They have a few club options and some arbitration-eligible players, but they have hardly anything committed for next year.

Snell signed a two-year, $62MM deal with the Giants coming into 2024. That comes in the form of a $15MM salary and $17MM signing bonus, the latter of which is reportedly not transferable to a trade partner. He then has a $30MM player option for next year.

The results have been inconsistent so far, as they have been throughout much of Snell’s career. He has two Cy Young awards, in 2018 and 2023, but struggled in between. Though he was in Cy Young form just last year, his 2024 got off to a rough start.

Since he didn’t sign until the second half of March, he had a hasty ramp-up and then struggled in his first three starts. He landed on the injured list with an adductor strain, came back for three more bad outings, then returned to the IL with a groin strain.

He was sitting on a 9.51 ERA after those six starts but has since returned and been dominant. He’s made four starts since coming off his second IL stint and only allowed two earned runs in 24 innings. He has struck out 35.7% of batters faced in those four outings, highlighted by punching out 15 Rockies in six shutout innings on Saturday.

The Giants are below .500 at 53-55. That only puts them 3.5 games back of a playoff spot in a relatively weak National League Wild Card race, but they may consider doing some selling. The Playoff Odds at FanGraphs still give them a 21.2% chance of sneaking into the postseason though the PECOTA Standings at Baseball Prospectus have them down at 9.8%, which could lead to them prioritizing the future.

Making Snell available could allow them to recoup some prospect talent while also clearing $30MM off next year’s payroll that they could reinvest in the team. That might happen anyway if Snell opts out but isn’t a guarantee. Such a move would hurt them in 2024 but wouldn’t necessarily punt their season, as they could still go into the stretch run with a rotation core of Logan Webb, Kyle Harrison and Robbie Ray. There’s also Alex Cobb, who was supposed to be reinstated from the IL over the weekend but was delayed by a blister. The club also has young starters like Mason Black and Hayden Birdsong that they could work into the mix.

Snell’s talents will undoubtedly lead to many exploratory calls, but the offers might be tempered by the player option situation. That’s especially true of club’s with competitive balance tax concerns, which applies to the three other clubs connected to Snell. The Yankees are slated to be a third-time payor and above the fourth tax tier, meaning they are facing a 110% tax on any new spending they take on. Next year’s payroll is more open but they will want to have some powder dry for making a run at Juan Soto and other free agents. The Padres and Cubs are both right up against the base CBT threshold this year and seem loath to cross it.

The O’s are nowhere near any tax concerns and have loads of payroll flexibility, making them an interesting fit on Snell. The front of their rotation now consists of Corbin Burnes, Grayson Rodriguez and Eflin, with Dean Kremer and Albert Suárez in the back end. Kremer’s career 4.32 ERA makes him fine for eating regular season innings but the O’s would ideally like to push him out of consideration for playoff starts. Suarez has a solid 3.62 ERA this year but is a 34-year-old journeyman who didn’t pitch in the majors from 2018 to 2023, meaning Baltimore probably doesn’t want to be relying on him either.

Whether it’s Snell or someone else, it seems possible they make some kind of bold strike in the days to come. In addition to the payroll flexibility, their farm system is regarded as one of the best in the league, giving them plenty of prospect capital to work with. The trade deadline is Tuesday at 5pm Central.

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Baltimore Orioles San Francisco Giants Blake Snell

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Latest On Cubs’ Deadline Plans

By Nick Deeds | July 28, 2024 at 5:43pm CDT

The Cubs swung perhaps the most shocking trade of the summer so far today when they acquired third baseman Isaac Paredes from the Rays in exchange for young slugger Christopher Morel, relief prospect Hunter Bigge, and pitching prospect Ty Johnson. Paredes, as one of the best hitters available this summer, was rumored to be of interest to a number of win-now clubs such as the Dodgers, Yankees, and Mariners, but instead ended up in Chicago with a club that’s just 51-56 last year and recently saw its president of baseball operations admit the club was prioritizing the future with its approach to this year’s deadline.

The addition of Paredes, who is controllable through the end of the 2027 season, doesn’t necessarily go against that stated ethos. The same can be said for the club’s acquisition of Blue Jays reliever Nate Pearson, who is controlled through the end of the 2026 campaign. It appears the Cubs may be interested in adding pieces that aren’t set to remain with the club long-term, however, as Jon Heyman of the New York Post suggested this afternoon that the Cubs are among the teams showing interest in Giants lefty Blake Snell. The reigning NL Cy Young award winner got off to a rough start this year but has begun to right the ship in recent weeks, leading The Athletic’s Ken Rosenthal to suggest yesterday that teams view Snell as likely to opt out of the remainder of his contract at season’s end.

That reported interest in Snell is somewhat surprising, particularly given the fact that the Cubs have seemingly been fielding interest on veteran right-hander Jameson Taillon in recent weeks. The starting rotation has been an undeniable strength for the Cubs this year, as their 3.72 rotation ERA ranks 6th in the majors thanks primarily to elite performances from Taillon, Justin Steele, and Shota Imanaga. While adding a pitcher of Snell’s caliber would surely bolster the club’s rotation and could even allow the club to deal Taillon without suffering a short-term dip in production, the fact that clubs seemingly view Snell as more likely than not to head back to free agency this fall seems to directly contradict the club’s stated plan to focus on the future this summer.

Regardless of what the Cubs’ plans are regarding Taillon or a possible pursuit of Snell, Sahadev Sharma of The Athletic reported prior to today’s trade for Paredes that the Cubs are “listening” to offers regarding almost anyone on the roster but are focusing on trying to trade from their bullpen mix. Per Sharma, four relief arms in particularly are most frequently brought up by contenders interested in dealing with the Cubs over the coming days: right-handers Hector Neris, Julian Merryweather, and Mark Leiter Jr. as well as southpaw Drew Smyly. Of the quartet, Sharma suggests that veterans Smyly and Neris are the most likely to move, as each could become a free agent at season’s end.

Neris, who has posted an uneven season with a 3.68 ERA and 4.54 FIP this year, has a $9MM team option in his contract that will convert into a $9MM player option in the event that he reaches either 60 appearances or 45 games finished this year. With 39 appearances and 27 games finished so far this year, both benchmarks are within the realm of possibility, and Sharma suggests that this aspect of his contract “complicates” the possibility of a trade. Smyly, who sports a 2.79 ERA and 4.52 FIP in 38 2/3 innings of work this year, has a much less complicated contractual situation; his contract comes with a $10MM mutual option that is certain to be declined by one side or the other in favor of a $2.5MM buyout.

While Neris and Smyly seem unlikely to command massive returns, The Athletic’s Patrick Mooney, Will Sammon, and Katie Woo recently discussed the hefty price tags that have come with controllable relievers this season. Mooney, Sammon, Woo, and Sharma all believe that the Cubs intend to deal Leiter and Merryweather only if they can leverage that sellers’ market for cost-controlled relief arms, with Sharma noting that the asking price is “high” for Leiter in particular. The 33-year-old’s 4.37 ERA this year is unspectacular, but his massive 34.5% strikeout rate, a sparkling 2.18 FIP, and the fact that he can be controlled through the end of the 2026 season all could make him a very appealing addition for contenders in search of relief help. As for Merryweather, the 32-year-old has been injured much of this year but is now healthy, sports a 3.33 ERA and 3.44 FIP since joining the Cubs prior to the 2023 campaign, and comes with the same two additional season of club control that Leiter does.

Another consideration for the Cubs, whether they’re adding or subtracting from the current roster, figures to be the luxury tax. Chicago currently sports a luxury tax payroll of just under $234MM according to RosterResource, a figure that puts them a little more than $3MM under the first threshold of the luxury tax. The addition of a player with a hefty salary like Snell would surely put them well beyond that threshold, while dealing a player like Taillon or even a less expensive relief arm like Neris or Smyly would likely offer the Cubs additional breathing room below the tax threshold. Given the fact that Cubs chairman Tom Ricketts suggested back in February that the “natural” place for the club’s payroll to land was right up against the tax threshold, it would be something of a shock for ownership to greenlight spending beyond the luxury tax in a year where the club evidently is not expecting to make the postseason.

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Chicago Cubs Blake Snell Drew Smyly Hector Neris Isaac Paredes Julian Merryweather Mark Leiter Jr. Nate Pearson

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Yankees, Padres Interested In Blake Snell

By Mark Polishuk | July 28, 2024 at 10:40am CDT

The Yankees and Padres are two of the teams expressing interest in left-hander Blake Snell, the New York Post’s Jon Heyman writes (links to X).  Reports surfaced earlier this week that Snell was drawing interest from pitching-needy contenders, and New York and San Diego are the first clubs specifically known to gotten in touch with the Giants over Snell’s availability.

It remains to be seen if the Giants will actually move Snell, or be deadline sellers in any real capacity given that the team is still just 4.5 games out of a wild card berth.  Snell is himself a major factor in San Francisco’s renewed hopes of contention, as the southpaw has been almost untouchable since returning from the injured list.  Over his last four starts, Snell has a 0.75 ERA and a 35.7% strikeout rate, highlighted by a 15-strikeout gem of an outing against the Rockies yesterday.

This is the type of rotation-carrying production was what the Giants were hoping to receive when they signed the reigning Cy Young Award winner to a two-year, $62MM deal back in March.  However, Snell’s lengthy stint in free agency and subsequent lack of proper Spring Training work wreaked havoc on his performance, resulting in two IL stints (with an adductor strain and a groin strain) and a 9.51 ERA over his first six starts in a Giants uniform.

This recent injury history will obviously weigh on the minds of any team that does approach the Giants about a Snell trade, not to mention the fact that Snell can opt out of the second year (and $30MM salary) of his contract.  The presence of this opt-out clause means that Snell isn’t exactly a rental player, thus creating extra financial risk for an acquiring team, and some difficulty in working out an acceptable trade package with San Francisco.  Snell’s recent form increases the chances that he might exercise his player option, but if any more injury issues arise, Snell could pass on his opt-out and remain on the books for that hefty $30MM payday next year.

Snell is naturally a known quantity to the Padres after pitching with San Diego from 2021-23, but the financial aspect of a Snell trade is particularly noteworthy for a Padres team that is trying to remain under the luxury tax threshold this season, in order to reset its penalty status after two years of overages.  San Diego’s acquisition of Jason Adam from the Rays earlier today resulted in a pretty minor financial hit, though the Padres had to give up a hefty prospect package to obtain the reliever.  Payroll aside, there is also the broader fact that it seems rather unlikely that the Giants would trade Snell to a division rival.

The Bronx Bombers have long had Snell on their radar, and the six-year, $150MM offer Snell reportedly received from the Yankees in January is the highest contract known to be on the table for the left-hander during his elongated free agent market.  As Heyman notes, the luxury tax is also a factor given that New York has already topped the upper tier ($297MM) of tax penalties.  RosterResource estimates that the Yankees’ Competitive Balance Tax number is just shy of $312.9MM, and thus they would face a 110% tax on any further salaries added to their ledger.

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