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Brandon Lowe

Latest On Rays’ Deadline Possibilities

By Anthony Franco | July 31, 2025 at 12:11pm CDT

The Rays remain one of the tougher teams to pin down around five hours until the trade deadline. Last night, they shipped out impending free agent starter Zack Littell to the Reds in a three-team trade that netted catcher Hunter Feduccia from the Dodgers. While that could be the beginning of a broader sell-off, it’s also possible they viewed Littell — their only pure rental — as a unique case.

Ken Rosenthal of The Athletic reported in the early-morning hours that the Rays, at least to that point, had put talks involving Yandy Díaz and Brandon Lowe on the back burner and were focused on other pursuits. While it’s possible things have changed in the roughly 12 hours since Rosenthal’s report, Franycs Romero describes the Rays’ talks on Díaz as “currently stalled.” He suggests the club is holding to a high asking price on the veteran first baseman/designated hitter.

The Red Sox have been mentioned most frequently as a potential Díaz suitor. Even if the Rays were willing to trade the 2023 AL batting champ, talk with Boston would be complicated by the divisional factor. The Red Sox currently occupy the second Wild Card position in the American League. The Rays have played terribly this month but remain within three games of a playoff spot. They’re hardly buried.

Díaz is signed for next season at a $12MM rate; his deal contains a $10MM club option for 2027 that could vest at $13MM depending on his plate appearance tally next year. Lowe is in the final guaranteed year of his deal but under club control on a bargain $11.5MM option that comes with a $500K buyout. Tampa Bay reinstated him from a minimal 10-day IL stint (left ankle tendinitis) yesterday.

Joel Sherman of The New York Post tied the Astros and Mets to Lowe earlier in the week. Houston has since added the righty-swinging Ramón Urías to handle third base but presumably remains in the mix for left-handed bats. The Mets are now focused on offense after making a trio of late-inning additions: Ryan Helsley, Tyler Rogers and Gregory Soto. This morning, ESPN’s Jorge Castillo listed Lowe as a hitter the Mets are considering.

Beyond Díaz and Lowe, the Rays have gotten a lot of hits on closer Pete Fairbanks. He’s playing on a $3.667MM salary and has a club option for next season. Lefty reliever Garrett Cleavinger, who is eligible for arbitration for another two years, is a player to watch. The Rays were also reportedly listening on 24-year-old starter Taj Bradley earlier this month.

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New York Mets Tampa Bay Rays Brandon Lowe Pete Fairbanks Yandy Diaz

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Astros, Mets Have Expressed Interest In Brandon Lowe

By Anthony Franco | July 29, 2025 at 12:59am CDT

The Rays are a game above .500 and sit 2.5 back of the AL’s final Wild Card spot. A terrible 6-15 showing in July has dropped them from expected buyers to a bubble team that looks likely to walk the line between adding and trading away veterans. They began that process on Monday, shipping out impending free agent catcher Danny Jansen in one deal while acquiring a slightly worse but controllable backstop (Nick Fortes) in a second trade. They downgraded a bit in the short term to add a superior prospect than the one they surrendered without giving up on the season.

Trading Jansen is an easier call than it’d be to move either Brandon Lowe or Yandy Díaz. They’re longer-tenured members of the organization and more impactful players. The Rays had been reluctant to move Díaz or Lowe for most of this month. Ken Rosenthal of The Athletic reported over the weekend that the team’s recent play has led the front office to be more open to hearing other teams out on the pair of veteran hitters.

Joel Sherman of The New York Post wrote on Monday that the Rays still prefer to add. That preceded a win over the Yankees in the first of a four-game set in the Bronx that’ll run up to the deadline. The Red Sox are known to be monitoring Díaz in case the Rays sell. Meanwhile, Sherman reports that the Mets and Astros are among the teams that have contacted the Rays about Lowe. He suggests that Houston, in particular, has strong interest in the left-handed hitting second baseman. Astros GM Dana Brown has made no secret about his goal of acquiring a lefty bat to provide a semblance of balance to the game’s most right-handed lineup.

Lowe is currently on the 10-day injured list with ankle tendinitis. The Rays seem to anticipate he’ll be back when first eligible on Wednesday. Lowe already had a minimal IL stay this month because of oblique tightness. The two-time All-Star has had an impressive year around the recent injuries. He’s batting .269/.320/.480 across 350 trips to the plate — including a massive .296/.352/.556 line following a dismal April. His 19 home runs rank second at the position behind Ketel Marte’s 20.

Houston could plug Lowe in at the keystone and use Jose Altuve as a primary designated hitter until Yordan Alvarez returns from a hand fracture. At that point, Altuve could return to left field and push Taylor Trammell, who is hitting well in 25 games but has a limited MLB track record, to a fourth outfield role.

The Mets don’t have a huge need on the dirt, but they’ve reportedly considered moving one of their controllable infielders (Mark Vientos, Brett Baty, Ronny Mauricio, Luisangel Acuña) for help elsewhere on the roster. Lowe would be a significant offensive upgrade over Baty, who is playing regularly at second base. It makes sense that the Mets at least gauged the Rays’ asking price, but there’s no indication they’ve made a huge push. President of baseball operations David Stearns has cast the bullpen as his top priority, with secondary interests ranging from the rotation to center field.

Lowe is playing on a $10.5MM salary, around $3.35MM of which will be owed after the deadline. The Rays can keep him around for another season on an $11.5MM club option. That comes with a $500K buyout.

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Rays “Softening” Stance On Dealing Yandy Diaz, Brandon Lowe

By Nick Deeds | July 27, 2025 at 8:36am CDT

The Rays have struggled badly in the month of July, with a 6-14 record that has left them just one game over .500 and 2.5 games out of an AL Wild Card spot. Ken Rosenthal of The Athletic reports that the club’s recent skid has forced their front office to reconsider some of its stances on keeping certain players in the fold, including first baseman Yandy Diaz and second baseman Brandon Lowe. While the Rays are currently signalling an openness to moving both players, Rosenthal adds they could reverse that decision if the club’s play in the coming days warrants it and that a final decision may not be made until Wednesday, the day before this year’s trade deadline.

The addition of Diaz and Lowe to the market as available pieces would be a major shift to a position player market that lacks standout controllable pieces. MLBTR’s Top 50 Trade Candidates for the 2025 Deadline list, published just yesterday, features only a handful of hitters controlled beyond the 2025 season. Steven Kwan of the Guardians and Brendan Donovan of the Cardinals would be impact pieces but are both viewed as unlikely to be dealt. Adolis Garcia of the Rangers and Alek Thomas of the Diamondbacks have high upside but are in the midst of difficult seasons. Mike Tauchman, Jesus Sanchez, and Ramon Laureano are all solid corner outfield options with two seasons of team control but limited upside. Luis Robert Jr. is technically controlled for two seasons after this one and offers superstar-level upside, but has struggled so much this year that it remains an open question if his options will even be exercised.

In that sort of trade market, it goes without saying that Diaz and Lowe would be extremely attractive pieces if the Rays do decide to dangle them. Diaz, 34, is a lackluster defender at this point in his career who may be best suited for a DH role but has been one of the most reliable offensive players in the game for quite some time. He’s hitting .299/.376/.475 (139 wRC+) since the start of the 2022 season, and this year sports a solid 126 wRC+ with 18 homers in 99 games, a 13.9% strikeout rate, and a 7.7% walk rate. He’s under team control through 2027. Lowe, meanwhile, comes with a club option for the 2026 season and has been a steadily above-average bat for his entire career with a .248/.329/.482 (125 wRC+) career slash line and a similar .269/.320/.480 (120 wRC+) line in 86 games this season.

Diaz’s combination of power and contact ability would make him a major upgrade to any offense that can fit him into the lineup, and Rosenthal suggests that the Red Sox will “almost certainly” be at the top of the list of interested teams if the Rays do make Diaz available. Boston has been relying on a combination of Abraham Toro and Romy Gonzalez at first since losing Triston Casas to injury earlier this year, but Diaz would be a massive upgrade over that duo and could even help to soften the blow if Alex Bregman opts out of his contract this winter by adding another big right-handed bat to the lineup. Speculatively speaking, the Rangers, Brewers, and Padres are among the other clubs that could use a bat of Diaz’s caliber and would be able to make room for him at either first base or DH.

Lowe, meanwhile, has relative youth on his side at just 30 years old and could be a fit for more teams due to his ability to handle both second base and left field. The Phillies, Giants, Padres, Astros, and Dodgers are among the many contenders who could stand to upgrade at least one of those positions. Lowe would be a particularly intriguing fit for Houston given that his lefty bat would help balance an overwhelming right-handed Astros lineup, and his positional flexibility maps perfectly with that of Jose Altuve, meaning the that the club could lock down both positions between the two veterans.

One other name Rosenthal mentions as a possible trade chip is catcher Danny Jansen. Unlike Lowe and Diaz, Jansen is not controlled beyond the 2025 season; he has a mutual option for 2026, but those are all but guaranteed to be declined by one party or the other. The Padres are known to be in the market for catching help this summer, as are the Red Sox and Mets. Jansen is in the midst of a fairly pedestrian season with a 99 wRC+ and poor defensive metrics, but he’d nonetheless be an upgrade over Boston’s Connor Wong or San Diego’s Elias Diaz. Other clubs could jump into the market for catching help as well if an injury occurs in the next few days that requires them to look for outside help.

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Rays Acquire Stuart Fairchild, Place Brandon Lowe On Injured List

By Steve Adams | July 22, 2025 at 12:37pm CDT

The Rays announced Tuesday that they’ve acquired outfielder Stuart Fairchild from the Braves in exchange for cash. Tampa Bay also placed infielder Brandon Lowe on the 10-day injured list with tendinitis in his left ankle. Right-hander Manuel Rodriguez goes from the 15-day IL to the 60-day IL to open a spot for Fairchild on the 40-man roster.

Atlanta designated the 29-year-old Fairchild for assignment just yesterday morning. He’s primarily been a pinch-runner and late-inning defensive replacement in the Braves’ outfield. Fairchild has played in 28 games but only come to the plate 55 times this year. He’s hit .216/.273/.333 in that tiny sample and is a career .223/.305/.384 hitter in 670 major league plate appearances overall.

Fairchild, a former second-round pick, has totaled 277 major league games split between the Diamondbacks, Reds, Giants, Mariners and Braves. He has well above-average speed (87th percentile, per Statcast) and can handle all three outfield spots, which has led to him carving out a frequent role as a fourth outfielder. He’s a right-handed bat who offers slightly above-average production against lefties but has struggled considerably in right-on-right matchups. Fairchild is out of options, so the Rays will have to carry him on the big league roster or else designate him for assignment once again.

Lowe exited the Rays’ game on Saturday with what was described at the time as plantar fasciitis. He hasn’t appeared in a game since. As such, the move can be backdated to July 20. That leaves the veteran second baseman time to be reinstated prior to the July 31 trade deadline.

In 350 plate appearances this season, Lowe is hitting .269/.320/.480 with 19 home runs, 11 doubles, three stolen bases, a 6.9% walk rate and a 25.4% strikeout rate. He’s in the final guaranteed season of his contract, though Tampa Bay holds an $11.5MM club option (with a $500K buyout) that seems overwhelmingly likely to be exercised.

The Rays aren’t clear-cut sellers, but there’s always a possibility of them moving some veteran pieces whose club control is dwindling. In that sense, Lowe is a speculative trade candidate who’d presumably appeal to clubs with second base needs (e.g. Giants, Astros). He can be traded even if he’s on the injured list, and as already mentioned, there’s a chance he’s back before the deadline has passed. There’s no guarantee Rays brass will even make Lowe available, but they do have several infield alternatives on the roster (e.g. Jose Caballero, Ha-Seong Kim, Curtis Mead, Taylor Walls).

Rodriguez, 28, has been a key setup arm for Tampa Bay when healthy, tallying 11 holds and a 2.08 ERA in 30 1/3 innings this season. He landed on the injured list due to a forearm strain in early June, and president of baseball operations Erik Neander indicated last week (via Marc Topkin of the Tampa Bay Times) that Rodriguez isn’t expected back anytime soon. It’s still not entirely clear what his prognosis is, but the shift to the 60-day IL leaves him shelved into at least mid-August. Based on Neander’s comments and the fact that Rodriguez isn’t yet throwing, it’s fair to presume it’ll be a good bit longer than that.

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Latest On Rays’ Deadline Possibilities

By Anthony Franco | July 17, 2025 at 8:50pm CDT

The Rays stumbled into the All-Star Break. The Red Sox swept them in a four-game set at Fenway to conclude the first half. Tampa Bay has dropped 11 of their past 14 games. They’d climbed as high as 11 games above .500 in late June; they’re now just three over at 50-47.

Like many other fringe contenders, the Rays face a pivotal upcoming two weeks. They’ll play host to the Orioles and White Sox for very winnable series coming out of the Break. They’ll hit the road for sets in Cincinnati and a four-game series against the Yankees running through July 31. President of baseball operations Erik Neander acknowledged to Marc Topkin of The Tampa Bay Times that the club’s deadline plans will in part be shaped by how they begin the second half.

“We’ve got to make up some ground,” Neander said of a team that sits a game and a half behind the Mariners for the last AL Wild Card spot. “There’s a belief in this team. … But these are really big games that will have some sort of influence on our decision-making as the month draws to a close.”

Unsurprisingly, Neander expressed hope that the team plays well enough for the front office to add. “I’d like to think that just about anything I think this group is capable of over these few weeks will lead us in a position where we’re looking to at least improve somewhere on the roster, if not significantly so,” he told Topkin. “But we’ve got to go out and play well and win. If we don’t, or if we have a stretch the way we had the last couple of weeks going into the Break, that comes with all sorts of additional questions that I’d much rather not think about.”

The Rays rarely operate as strict buyers or sellers. Remaining consistently competitive while operating with bottom five payrolls requires an openness to listening on veteran players even in years where they’re simultaneously trying to add to the big league roster. Tampa Bay already made one notable trade this month, acquiring controllable setup man Bryan Baker from Baltimore for the 37th pick in last Sunday’s draft. They could continue to add to the bullpen and/or bring in a right-handed bat (ideally in the outfield).

At the same time, they’ll certainly get calls on their more expensive players. Chris Cotillo of MassLive reported last night that the Red Sox would be interested in Yandy Díaz if the Rays make him available. Boston has an obvious need for a right-handed hitting first baseman. Still, it’s not clear if the Rays will shop Díaz at all — much less to a division rival that currently sits 2.5 games above them in the standings.

Ken Rosenthal of The Athletic wrote this morning that the Rays would likely hold onto Díaz, who is signed at a bargain rate for another two and a half seasons. He’s making $10MM this year and is guaranteed $12MM for next season. There’s a $10MM club option for ’27 that would vest at $13MM if he takes 500 plate appearances next year. Díaz and the Rays initially agreed to the extension in 2023 and restructured it just this spring to guarantee his ’26 earnings while adding the option year.

Rosenthal argues the Rays may be reluctant to trade Díaz so soon after he agreed to a team-friendly extension. That said, one could’ve made a similar point regarding Tyler Glasnow — whom the Rays traded to the Dodgers a little over a year after he signed an extension. Rosenthal nevertheless suggests that Tampa Bay would be likelier to move second baseman Brandon Lowe or closer Pete Fairbanks if the team doesn’t play well coming out of the Break.

Lowe went on the injured list with left oblique tightness last week but could be reinstated when first eligible tomorrow. He’s making $10.5MM this year and controllable for another season on an $11.5MM club option. Lowe started the year slowly but has been on a tear since May and is up to 19 homers with a .272/.324/.487 batting line.

Fairbanks has a 2.75 ERA and has gone 15-18 in save opportunities over 36 innings. His strikeout rate has been trending down for a couple seasons, though, dropping to a career-low 20.7% clip. While Fairbanks is playing this year on an extremely affordable $3.667MM salary, his contract contains an increasingly expensive club option for 2026.

That initially came with a $7MM base value but contained up to $6MM in escalators. Fairbanks has already pushed the option price to $8MM by reaching 125 appearances over the past three seasons and topping 25 games finished this year. It’ll climb by another $1MM when he makes three more appearances, $1MM more with 18 appearances, and another $1MM with 23 more games. It’d jump by $500K apiece with three, eight, and 13 more games finished.

Unless he suffers a significant injury, Fairbanks should push the option value well into eight figures. That’d make him one of the highest-paid players on the 2026 roster. As long as they’re in the playoff picture, the Rays may view that as an offseason problem. This year’s salary can only climb by a maximum of $300K. Yet it’s a factor for a front office that needs to balance the short and long term as much as any.

Beyond Lowe and Fairbanks, the Rays seem likely to shop a starting pitcher. Impending free agent Zack Littell is the most obvious candidate, but USA Today’s Bob Nightengale reported over the weekend that they’re open to inquiries on controllable righty Taj Bradley.

The Rays have a strong rotation of Ryan Pepiot, Drew Rasmussen, Shane Baz, Littell and Bradley. Hard-throwing righty Joe Boyle is pitching in multi-inning relief, but Neander reiterated to Topkin that the Rays would be comfortable using Boyle as a starter if a spot opened. They’re also hopefully a couple weeks away from Shane McClanahan making his long-awaited return from injury.

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Boston Red Sox Tampa Bay Rays Brandon Lowe Joe Boyle Pete Fairbanks Taj Bradley Yandy Diaz Zack Littell

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Rays Place Brandon Lowe On Injured List

By Darragh McDonald | July 11, 2025 at 2:55pm CDT

The Rays announced today that infielder Brandon Lowe has been placed on the 10-day injured list due to left oblique tightness, retroactive to July 8th. Fellow infielder Curtis Mead was recalled as the corresponding move.

It’s possible that the move with Lowe is precautionary. The side issue has kept him out of the club’s past four games, which is why they were able to backdate this by the three-day maximum. With the All-Star break coming up, Lowe might only miss three more contests and could perhaps be back with the Rays by next weekend.

Nonetheless, it will be a situation to monitor for the rest of the month. Lowe is a strong performer but doesn’t have a great track record in terms of health. This is his eighth major league season but he has only once played in 110 games or more. He has avoided the IL so far this year, getting into 84 contests, but is now battling a tricky oblique issue.

He has been one of the better players for the Rays this year, with 19 home runs, a .272/.324/.487 slash line and 125 wRC+. He was selected to the All-Star team but will no longer be able to participate thanks to this injury.

The Rays are 50-44 and currently in possession of a Wild Card spot in the American League. In past years, they have often done a mix of buying and selling at the deadline. Even when in contention, they will sometimes trade a veteran player who is on the more expensive side and/or nearing free agency, while acquiring younger and cheaper players. MLBTR recently did a deep dive on the club’s potential deadline approach, examining the various paths the Rays could take.

Lowe is making $10.5MM this year, making him one of the more expensive players on the roster. His contract has an affordable $11.5M club option for next year with a $500K buyout. With the way the Rays operate, it’s possible they could look to move Lowe for younger players while simultaneously adding others for the stretch run.

That makes the Lowe injury all the more notable. On the one hand, it hurts the Rays in the short term, as they are going to be without one of their better players while in a tight playoff race. It’s also possible that the injury impacts whatever trade talks they will have in the coming weeks.

Ha-Seong Kim recently came off the IL and has taken over as the regular shortstop. That leaves Taylor Walls and José Caballero free to cover second for Lowe. Mead’s recall today gives them some extra depth in that department.

Photo courtesy of Vincent Carchietta, Imagn Images

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Tampa Bay Rays Brandon Lowe Curtis Mead

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Rays Notes: Rasmussen, Boyle, Lowe, Kim

By Mark Polishuk | July 6, 2025 at 11:35pm CDT

Drew Rasmussen was the starting pitcher in Sunday’s 7-5 Rays win over the Twins, but Rasmussen only tossed two innings before turning things over to Joe Boyle, who was called up from Triple-A before the game.  Boyle allowed just one unearned run over five innings of work, and he has yet to allow any earned runs over 10 MLB innings this season.

The quick hook for Rasmussen wasn’t for any health reason, but rather the debut of a strategy the Rays will be deploying over the next few weeks.  As Marc Topkin of the Tampa Bay Times explains, Rasmussen has now thrown 89 1/3 innings this season, putting him on track to far exceed the 150-inning limit the Rays set for the right-hander since he missed most of the 2023-24 seasons due to an internal brace surgery.  Since he also underwent two Tommy John surgeries before even beginning his pro career, the Rays naturally wanted to be careful in managing Rasmussen’s workload in the aftermath of yet another major elbow procedure.

Since Rasmussen has delivered a 2.82 ERA this year, Tampa wants to make sure the right-hander will still have something for later in the season and into October, as the 49-41 Rays are in position for a playoff berth.  The team’s answer is to use Rasmussen as essentially an opener over his next few starts, with Boyle acting as a piggyback pitcher.

Rasmussen is happy with the plan, as “it lets us get the Joe Boyle experience, which is electric. And then also allows me to just stay on routine as well as limit some of the innings for this year.  When they brought the idea to me a couple days ago, it was something I’m on board with, obviously, because I think they are always looking out for my best interest.”

Tampa Bay’s rotation of Rasmussen, Ryan Pepiot, Shane Baz, Taj Bradley, and Zack Littell has been both effective and incredibly durable.  The quintet have combined to start all but one of the Rays’ games this season — the lone exception was Boyle’s only other MLB outing of 2025, a spot start on April 13.  As a result, Boyle has had trouble working his way onto the roster, despite a 1.85 ERA, 32.9% strikeout rate, and 10.6% walk rate over 73 Triple-A frames.

Acquired from the A’s as part of the Jeffrey Springs trade back in December, Boyle appears to be the latest pitcher to find a new level of performance after joining the Rays organization.  Boyle always had a ton of velocity and racked up plenty of strikeouts, but it seems like he has now lessened the control problems that plagued his time in the Athletics farm system.  His emergence gives Tampa Bay yet another pitching weapon to bedevil opposing batters, and it will be interesting to see how Boyle is deployed beyond the end of this piggybacking experiment with Rasmussen.

Sunday’s game wasn’t without its concerns for the Rays, as Brandon Lowe left in the bottom of the third inning due to soreness in his left side.  Lowe downplayed the seriousness of the situation when speaking with Topkin and other reporters after the game, saying that the removal “feels very precautionary, as it’s a little sore.  Let’s just get off of it for a little bit and let it rest up.”

Lowe missed over a month of the 2024 season dealing with a right oblique strain, so he is no stranger to side injuries.  Even if this latest issue costs Lowe a game or two, that is vastly preferable to another long-term absence, as injuries have plagued Lowe over the last three seasons.  Lowe has stayed healthy and productive in 2025, and his .272/.324/.487 slash line and 19 home runs in 343 plate appearances earned the second baseman a spot on his second All-Star team.

In other infield news, Ha-Seong Kim made his Rays debut on July 3, but that remains his lone appearance due to a cramp in his right calf.  It doesn’t seem like the injury is too serious, as Kim took part in most normal baseball activities prior to Sunday’s game.  Kim is only just back in action after his recovery from offseason shoulder surgery cost him over half of the 2025 campaign, so it makes sense that the Rays don’t want to push him too soon.

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Notes Tampa Bay Rays Brandon Lowe Drew Rasmussen Ha-Seong Kim Joe Boyle

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Looking Ahead To Club Options: AL East

By Anthony Franco | May 6, 2025 at 7:29pm CDT

MLBTR wraps our division by division look at next year’s team/mutual option class with the AL East. Virtually all of the mutual options will be bought out by one side. Generally, if the team is willing to retain the player at the option price, the player will decline his end in search of a better free agent deal.

Previous installments: player options/opt-outs, NL West, AL West, NL Central, AL Central, NL East

Baltimore Orioles

  • Andrew Kittredge, RHP ($9MM club option, $1MM buyout)

Baltimore signed Kittredge to a one-year, $10MM free agent deal over the winter. He’s making $9MM this season and has a matching club option or a $1MM buyout for 2026. Kittredge was supposed to be a key setup man in front of Félix Bautista, but he suffered a left knee injury early in camp and required a debridement surgery. He began a rehab stint at High-A Aberdeen on Sunday. While there’s plenty of time for Kittredge to turn things around, it hasn’t been the start to his O’s tenure that he envisioned.

  • Ramón Laureano, OF ($6.5MM club option, no buyout)

Laureano, who was non-tendered by the Braves, signed a $4MM contract with Baltimore in February. That came with a $6.5MM team option without a buyout, giving the Orioles an extra season of club control. Injuries to Tyler O’Neill and Colton Cowser have pressed him into everyday work, mostly in left field. He hasn’t provided much through his first 24 games. Laureano is hitting .185 with a .237 on-base percentage through 59 plate appearances. He has hit a trio of home runs but struck out 18 times while drawing only four walks. Laureano has generally been a below-average hitter since being suspended following a positive PED test in 2021. He’ll need much better production over the next few months for the Orioles to exercise the option.

Boston Red Sox

  • Walker Buehler, RHP ($25MM mutual option, $3MM buyout)

Buehler signed a one-year, $21.05MM free agent deal to match the price of the qualifying offer — which the Dodgers had declined to issue when he hit the market. It’s a relatively expensive pillow contract. Buehler was coming off a dismal regular season, in which he’d posted a 5.38 ERA with a career-worst 18.6% strikeout rate over 16 starts. He finished his Dodger tenure on a high note, though, closing out the World Series while pitching to a 3.60 earned run average in 15 playoff innings.

An ace-caliber pitcher early in his career, Buehler hasn’t looked the same since undergoing the second Tommy John surgery of his career in August 2022. His stint in Boston has gotten out to a shaky start. While his 4.28 ERA through 33 2/3 innings is serviceable, he’s striking out just 20.7% of opponents while averaging a personal-low 93.5 MPH on his fastball. Shoulder inflammation sent him to the injured list last week. The mutual option was always an accounting measure designed to push the $3MM buyout to the end of the year rather than disbursing it throughout the season as salary. The team seems likelier to decline its end than the pitcher does.

  • Lucas Giolito, RHP ($14MM club option, $1.5MM buyout)

Giolito signed a two-year, $38.5MM deal during the 2023-24 offseason. He negotiated an opt-out clause after the first season and hoped to retest the market after one strong year. Instead, Giolito’s elbow gave out during Spring Training and he required UCL surgery that cost him the entire season. The veteran righty made the easy decision to stick around for year two.

By exercising his player option, Giolito unlocked a 2026 option for the team. It’s valued at $14MM and comes with a $1.5MM buyout. If Giolito pitches 140 innings this year, it’d convert to a $19MM mutual option (still with the $1.5MM buyout). That’d give him a chance to test free agency if he wants. Giolito has an uphill battle to 140 frames. A hamstring strain cost him the first month of the season. He finally made his team debut last week, working six innings of three-run ball with seven strikeouts in a no-decision against Toronto. The Rangers tagged him for six runs on 10 hits in just 3 2/3 frames tonight.

  • Liam Hendriks, RHP ($12MM mutual option, $2MM buyout)

The Red Sox added Hendriks on a two-year, $10MM deal over the 2023-24 offseason. They knew they wouldn’t get much in year one, as Hendriks had undergone Tommy John surgery the prior August. He attempted to make a late-season return last year but was shut down after a minor flare-up of elbow discomfort. Elbow inflammation shelved him for a couple weeks to begin this season, though he made his team debut in mid-April.

Hendriks allowed two runs on three hits in one inning during his first appearance. He has rattled off five straight scoreless outings since then, albeit with four walks in five frames. His 95 MPH average fastball is solid but below the 97-98 range at which he sat during his elite seasons with the White Sox.

Note: Jarren Duran’s arbitration deal contains a ’26 club option with an $8MM base salary. He’d remain eligible for arbitration if the Sox decline the option.

New York Yankees

  • Tim Hill, LHP ($3MM club option, $350K buyout)

Hill finished last season with the Yankees after being released by the White Sox in June. He’d allowed nearly six earned runs per nine with Chicago but managed a tidy 2.05 ERA over 44 frames for New York. He’s out to a similarly productive start to the ’25 season. Hill has surrendered five runs through 17 1/3 innings (2.60 ERA).

While the soft-tossing lefty has managed just 11 strikeouts, his game has always been built around ground-balls. He’s getting grounders at a massive 81.6% clip thus far. Only nine of the 40 batted balls he’s allowed have been hit into the air. It’s easily the highest grounder rate in the majors. The Yankees value this skillset as much as any team, and the $2.65MM option decision is a drop in the bucket for them.

  • Jonathan Loáisiga, RHP ($5MM club option, no buyout)

Loáisiga is still working back from last April’s elbow surgery. The righty has generally been a productive reliever when healthy, but he’s only once managed even 50 MLB innings in a season. He’s on a rehab stint with Low-A Tampa and will need another few weeks before he’s built into MLB game shape. Loáisiga is making $5MM this season. The option has a matching base value and could climb by another $500K if the Yankees exercise it. He’d earn $100K each at reaching 50, 55, 60, 65 and 70 innings in 2026.

Tampa Bay Rays

  • Pete Fairbanks, RHP ($7MM club option, $1MM buyout)

Fairbanks is in the final guaranteed season of the three-year, $12MM extension that he signed before the 2023 campaign. That includes a $1MM buyout on a club option that comes with a $7MM base value. That’s a bargain for a quality high-leverage reliever, but the deal includes various escalators that could push the option price above $12MM.

The option value would climb by $500K if he gets to 125 combined appearances between 2023-25 and another $1MM apiece at 135, 150 and 165 combined outings. Fairbanks made it into 95 games over the first two seasons. He’d trigger the first $500K escalator at just 30 appearances this year and would max it out if he makes it into 70 games. He can boost the option price by another $2MM based on this year’s games finished total: $500K apiece at 25, 30, 35 and 40.

Fairbanks has never reached 50 appearances in a season because of various injuries, but he’s already at 14 games through this season’s first six weeks. Fairbanks has finished 11 of those contests while working as Kevin Cash’s primary closer. He has recorded 13 strikeouts against six walks while allowing three runs over 13 1/3 innings. The option price should remain solid value, though the escalators might eventually push it to an area where Tampa Bay would rather explore deadline or offseason trades rather than having a reliever projecting as one of the highest-paid players on the roster.

  • Danny Jansen, C ($12MM mutual option, $500K buyout)

Jansen seemed to be pulling away from the rest of a weak free agent catching class early last season. His production tanked from June onwards, leaving him to sign an $8.5MM pillow contract with Tampa Bay. He’s making an $8MM salary and will collect a $500K buyout on a $12MM mutual option at year’s end. Last summer’s offensive drought has carried into 2025. Jansen has only one home run with a .147/.301/.221 batting line through 83 plate appearances. He remains a very patient hitter, but the Rays would have an easy decision to decline their end of the option if he doesn’t find the double-digit home run power he showed during his best seasons in Toronto.

  • Brandon Lowe, 2B ($11.5MM club option, $500K buyout)

Lowe has had a rare extended run with a Tampa Bay team that is almost always willing to trade any player. He’s in his eighth big league season and in year seven of the extension he signed in Spring Training 2019. Lowe collected $24MM for what would have been his standard six seasons of team control. The Rays exercised a $10.5MM option for this year and can retain him once more at an $11.5MM price. It’s an $11MM decision after accounting for the $500K buyout.

While injuries have been a recurring issue, Lowe has been one of the better offensive middle infielders in the sport when healthy. His 39-homer season in 2021 is an outlier, but he has tallied 21 longballs in each of the past two seasons. He’s out to a much slower start this year, batting .203/.258/.305 with four homers across 128 plate appearances. The batted ball metrics are still solid, but his career-worst 20.1% swinging strike rate is the fifth-highest among hitters with at least 50 PAs.

This one can still go a few different ways. If Lowe hits like this all season, he’d be bought out. If he finds something like his 2023-24 form (.238/.319/.458), then $11MM is reasonable. It’d keep him as one of Tampa Bay’s highest-paid players, though, so there’s a decent chance he’ll be traded at some point this year. The 16-18 Rays look like fringe Wild Card contenders for a second consecutive year. They could again try to walk the line between buying and selling come deadline season.

  • Jacob Waguespack, RHP ($1.5MM club option, no buyout)

The Rays signed Waguespack to a restructured deal early last offseason. He’s making $1.3MM this season and has a $1.5MM club option for next year. That’d escalate to $2MM if he reaches 20 “points” this season. Waguespack would receive one point for each MLB relief appearance and two points per big league start. He has spent the ’25 season to date on optional assignment to Triple-A Durham.

Working as a pure reliever for the Bulls, Waguespack has reeled off 14 innings of two-run ball. He has fanned 15 hitters against three walks while getting ground-balls at a lofty 60% clip. It hasn’t earned him a major league call yet, but he should be up before too much longer if he keeps performing at that level. Waguespack spent the 2022-23 seasons with the Orix Buffaloes in Japan. He made four MLB appearances with Tampa Bay last year but lost a good portion of the season to a rotator cuff injury.

Note: Taylor Walls’ arbitration deal contains a ’26 club option with a $2.45MM base salary. He’d remain eligible for arbitration if the Rays decline the option.

Toronto Blue Jays

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Baltimore Orioles Boston Red Sox MLBTR Originals New York Yankees Tampa Bay Rays Andrew Kittredge Brandon Lowe Danny Jansen Jacob Waguespack Jonathan Loaisiga Liam Hendriks Lucas Giolito Pete Fairbanks Ramon Laureano Tim Hill Walker Buehler

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Rays Unlikely To Move Yandy Diaz, Brandon Lowe

By Steve Adams | January 8, 2025 at 10:29am CDT

The Rays entered the offseason likely to shed some payroll via trades of veteran players — a frequent reality for the budget-crunched Tampa Bay club — which prompted many (MLBTR included) to speculate on the possibility of trading infielders Yandy Diaz and Brandon Lowe. The Rays are teeming with young infield options, and both players are set to earn eight-figure salaries in 2025. However, teams that have spoken to the Rays about Diaz and Lowe have been given the impression that Tampa Bay is likely to hold onto both players for the start of the upcoming season, reports SNY’s Andy Martino. More broadly, Ken Rosenthal of The Athletic implies that the Rays aren’t keen on subtracting from the offense at all between now and Opening Day.

Tampa Bay has indeed shed some notable salary this winter, but it’s come in the form of trades and non-tenders. Left-hander Jeffrey Springs and his $10.5MM salary in each of the next two seasons went to the A’s in exchange for flamethrowing righty Joe Boyle, a pair of minor leaguers, and the Athletics’ Competitive Balance selection in the upcoming 2025 draft. Jose Siri (projected $2.3MM salary) was traded to the Mets in exchange for reliever Eric Orze. Nearly $10MM of additional projected salary was shed when the team non-tendered outfielder Dylan Carlson and lefties Colin Poche, Tyler Alexander and Richard Lovelady.

That collection of cost-cutting maneuvers trimmed $22-23MM from next year’s books. The only salary of note the Rays have added in place of those departures is the $8.5MM guaranteed to catcher Danny Jansen, who signed with Tampa Bay in mid-December. RosterResource currently projects the Rays for a $76MM payroll and about $104MM of luxury obligations — down from last year’s respective marks of $89MM and $115MM.

One of the motivations behind freeing up payroll space with trades of veterans would be to afford more at-bats to young players with little left to prove in Triple-A (e.g. Jonathan Aranda, Curtis Mead) while also creating flexibility to bring in other free agents of note. Circumstances well beyond the Rays’ control have hobbled any such efforts, however. The damage wrought on Tropicana Field by Hurricane Milton both left the Rays facing even more financial uncertainty than usual and also made it harder to lure free agents. The Rays will play their 2025 home games at a minor league facility — Tampa’s Steinbrenner Field, the Class-A home of the Yankees — which is going to reduce interest for plenty of players on the open market.

The Rays scored the second-fewest runs in MLB last year, with their collective 604 mark leading only the White Sox. Tampa Bay ranked 27th in the majors in batting average (.230), 24th in on-base percentage (.302), 29th in slugging percentage (.366) and 28th in home runs (147). Viewed through that lens, subtracting one or both of Diaz (.281/.341/.414, 120 wRC+) and Lowe (.244/.311/.473, 123 wRC+) would feel counterproductive — at least in a vacuum.

However, the Rays habitually trade quality players as their salaries rise and their club control dwindles. Their willingness to engage in such frequent roster churn and their ability to successfully identify quality long-term contributors in the return for such trades has become a hallmark of the organization’s success and led to near-perennial contention in a stacked AL East — despite bottom-of-the-barrel payroll numbers. Diaz is earning $10MM this coming season and has a $12MM club option (no buyout) in 2026. Lowe will be paid $10.5MM this year and has an $11.5MM club option in 2026 ($500K buyout). Both are free agents in the 2026-27 offseason.

The dwindling club control on both players will make them prime trade candidates this summer if things don’t go well for the Rays or if Tampa Bay feels their production can be replaced by turning their respective positions over to younger options. The Rays aren’t the type of club to be shy about dealing solid contributors from the roster even in the midst of contending seasons.

With regard to the 2025 roster, however, the hope will ostensibly be for inexperienced players like Aranda and third baseman Junior Caminero to make strides at the plate, while other young players like Josh Lowe and Christopher Morel hopefully rebound at the dish. Both had strong showings in 2023 before wilting in 2024. Adding Jansen should be an upgrade to a catching corps that produced disastrous results at the plate in 2024 — even if the longtime Blue Jays backstop can’t recover from his own 2024 struggles with the bat. Jansen hit just .206/.308/.348 in 328 plate appearances last year, but even that would be an upgrade over the woeful .194/.272/.291 output from Tampa Bay backstops in 2024. And, if Jansen can rediscover the .237/.317/.487 form he displayed from 2021-23, it’d be a massive boon for the Rays.

Time will tell just how the Rays’ offense recovers — or fails to recover — from last year’s doldrums. Trades can never be expressly ruled out for a club like the Rays, but for the time being, it seems they’ll hang onto the veteran bats they have and reassess their trade candidacy this summer. Others on the roster (e.g. Pete Fairbanks, Zack Littell) have also come up in trade rumblings this winter, but there’s been some recent cold water thrown on that pair being available as well.

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Tampa Bay Rays Brandon Lowe Yandy Diaz

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Trade Candidate: Brandon Lowe

By Leo Morgenstern | November 10, 2024 at 3:06pm CDT

When Brandon Lowe was healthy in 2020 and ’21, he was arguably the best second baseman in baseball. The Rays slugger led primary second basemen in home runs, RBI, OPS, wRC+, and FanGraphs WAR over those two seasons. Unfortunately, he has missed significant time with various injuries in each of the three years since. When he takes the field, however, Lowe is still a highly productive player. He launched 21 homers in 107 games this past season while producing a 123 wRC+ and 2.2 fWAR. His .350 xwOBA ranked in the 85th percentile of major league hitters.

Earlier this month, Tampa Bay picked up a $10.5MM team option for Lowe’s services in 2025, rather than paying him a $1MM buyout and sending him off to free agency. The Rays might be notoriously close-fisted, but still, there was little doubt they’d exercise the option. A net $9.5MM is a bargain for a player like Lowe, even if he sits out a third of the season with injuries once again. That being said, a $10.5MM salary puts Lowe in a tie with Jeffrey Springs for the highest paycheck on the club next year. To put it another way, it’s approximately 12% of the team’s estimated payroll for 2025 (per RosterResource). Thus, it’s more than fair to wonder if the Rays would rather spread that money across multiple roster spots rather than give it all to one injury-prone player. In other words, it’s fair to wonder if Lowe will be wearing a new uniform by Opening Day next March.

Tampa Bay has a long track of trading veteran players once their salaries start to increase, even when the team is still planning to contend. As the Rays enter the 2024-25 offseason coming off their worst finish since 2017, and coming off a season in which they sold big at the trade deadline, it seems even more believable that they would consider trading Lowe. Furthermore, the Rays have multiple internal options who could replace Lowe in the lineup (even if they can’t necessarily replace his production). One of Junior Caminero or José Caballero could potentially slide over to second base, while Christopher Morel could slot in for Caminero at third base or Taylor Walls could replace Caballero at shortstop. Former top prospect Curtis Mead is another infielder to keep in mind.

Then again, the fact that the Rays didn’t trade Lowe at last year’s deadline could be an indication that they’d like to hold onto him for 2025. After all, they might be cheap, but they also love a good value play. If the Rays shop Lowe around and come to the conclusion that he is severely undervalued around the league, they might prefer to hold onto him.

Back in August, Rays hitting coach Chad Mottola told Marc Topkin of the Tampa Bay Times, “I don’t think the industry and even our own fans understand the impact [Lowe] makes in our lineup.” If president of baseball operations Erik Neander shares that opinion, he might be hesitant to part with his All-Star second baseman. Neander recently expressed confidence in Lowe’s bat and glove, telling Topkin, that Lowe is “most valuable” as a second baseman but that the team could continue to give him some time at first base and DH next season to have his powerful bat in the lineup as often as possible.

It’s also worth mentioning that Lowe has another team option for 2026 (valued at $11.5MM with a $500K buyout), which means Tampa Bay could keep him around for the start of next season and still have the flexibility to trade him at a later date. What’s more, the Rays have numerous other trade candidates on the roster. Lowe isn’t the only player they can flip if they’re facing pressure to cut payroll in light of the damage to Tropicana Field or the team’s current lack of a broadcast deal.

First baseman Yandy Díaz and closer Pete Fairbanks are two of the top 10 players on MLBTR’s list of the top 35 trade candidates of the offseason. Díaz (no. 5) will be making $10MM next year, and he has a $12MM team option for the following season. His contract also includes a $1MM trade assignment bonus. Fairbanks (no. 7) is set to collect $3.67MM in 2025, and he has a $7MM club option with a $1MM buyout for 2026. One more name to keep in mind is Zack Littell. He doesn’t have the same star power as Díaz or even Fairbanks, but he has proven himself to be a capable mid-rotation starter over the last year and a half. He made just $1.85MM this past season, but he is projected to earn close to a $3MM raise in his final year of arbitration eligibility.

Another factor to consider is the market for second baseman this offseason, both in terms of free agents and trade candidates. Only two of MLBTR’s top 50 free agents are primary second basemen: Gleyber Torres (no. 20) and Hyeseong Kim (no. 26). One could easily imagine why teams would prefer Lowe over either of them, especially on such a team-friendly contract. However, things could get more complicated if any teams are seriously pursuing Alex Bregman (no. 3), Willy Adames (no. 5), or Ha-Seong Kim (no. 43) to play second base. Ha-Seong Kim was a primary second baseman as recently as 2023, while both Adames and Bregman have expressed a willingness to switch positions.

As for the trade market, second basemen who could be on the move include Luis Arraez (no. 17 on MLBTR’s top trade candidates list), Brendan Donovan (no. 20), and Nolan Gorman (no. 21). However, none of those players seem particularly likely to be dealt, and they all fill different niches than Lowe. Funnily enough, all four bat left-handed, but Lowe is the only one who offers proven, middle-of-the-order power against both left- and right-handed pitching.

So, do you think the Rays will hold onto Lowe this winter? Or will they have a new second baseman on Opening Day 2025? Have your say in the poll below!

(poll link for app users)

 

Image courtesy of USA Today Sports.

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MLBTR Originals MLBTR Polls Tampa Bay Rays Brandon Lowe

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