Latest On Yankees’ Free Agent Targets
The Yankees are certainly hoping they’ll be able to re-sign Aaron Judge, but until the AL MVP makes his decision, the Yankees are considering several other free agents and trade targets. In addition to some names already linked to New York in past reports, the New York Post’s Jon Heyman writes that the Yankees have checked in on the likes of Justin Verlander, Carlos Rodon, Brandon Nimmo, Cody Bellinger, Michael Conforto, and their own incumbent free agents Jameson Taillon and Andrew Benintendi.
In general, it’s pretty commonplace for the Yankees (or pretty much any team, particularly the biggest spenders) to at least get in contact with agents early in the offseason in order to gauge interest, or get a sense of asking prices for any particular player. As such, some of these players might not necessarily be at the top of the Yankees’ target list, and Heyman notes that some could be options only if Judge signs elsewhere. For instance, though “the Yankees seek multiple outfielders,” Heyman doesn’t think the Bronx Bombers would both re-sign Judge and also add Nimmo on a pricey contract. Likewise, the Yankees aren’t expected to bid at the top of the shortstop market, unless a Judge departure gives them new reason to explore Carlos Correa, Trea Turner, and company.
Since Anthony Rizzo has already been re-signed to solidify the first base position, New York’s offseason plan on the position player side looks pretty set — retain Judge, then add a less-expensive second outfielder (Conforto or Bellinger are both likely candidates for one-year contracts). Should an opportunity arise to move an infielder like Josh Donaldson, Isiah Kiner-Falefa, or perhaps even Gleyber Torres, the Yankees could pounce, but the presence of Oswaldo Cabrera, Oswald Peraza, and yet-to-debut star rookie Anthony Volpe gives the Bombers some flexibility in figuring out the infield mix. DJ LeMahieu‘s toe injuries will also factor into the front office’s next decisions.
If Judge did leave the Bronx, of course, any number of new backup plans could be put into place. However, a Judge departure may only throw the position-player scenarios into flux, since Heyman writes that “the pitching pursuits are said to be ‘on different tracks‘ ” than the Yankees’ interest in position players. Though naturally adding any high-profile player has an overall impact on a roster in terms of salary or luxury-tax figures, it makes sense that adding a new pitcher isn’t necessarily tied to Judge’s situation, since Judge’s return has a bigger chain reaction on the lineup as a whole.
Putting a new starter into the rotation is a cleaner fit, especially if that new addition is an ace like Verlander or Rodon. While the Cy Young Award winner has been a Yankees target in the past, Heyman reports that “the Yankees’ confidence level on [signing] Verlander is low,” so he might also be something of a Plan B option for the club.
The Yankees also might not necessarily be seeking an ace, since Gerrit Cole and Nestor Cortes are already in the fold. Since Luis Severino, Frankie Montas, and Domingo German have their share of question marks, adding a reliable third-starter type like Taillon would help solidify the starting five. Kodai Senga (another pitcher garnering interest from the Bronx) is perhaps something of a wild card, given how it isn’t known how well he can make the transition from NPB to the major leagues. Senga’s stuff could make him a front-of-the-rotation arm might off the bat, or he might end up being more suited to the middle or back of a pitching staff.
Sandy Alcantara Wins National League Cy Young Award
Marlins ace Sandy Alcantara has won the National League Cy Young award, the Baseball Writers Association of America announced. It was a unanimous victory, with Alcantara receiving all 30 first place votes. He was followed in the voting by Max Fried of the Braves and Julio Urías of the Dodgers.
Alcantara has been the presumptive favorite for quite some time, and the unanimous voting serves as a particular testament to the caliber of season he put together. The right-hander easily lapped the field in innings, soaking up 228 2/3 frames that cleared second-place finisher Aaron Nola by 23 2/3. Alcantara and Nola were the only Senior Circuit pitchers to throw multiple complete games; Nola went the distance twice, while Alcantara did so six times. He also faced a league-leading 886 batters, with Nola’s 807 batters faced an extremely distant second.
That kind of throwback, workhorse mentality was part of what set Alcantara apart from the rest of the league, but he continued to perform brilliantly on a rate basis. Among NL starters with 100+ innings, he ranked fourth in ERA (2.28) and sixth in ground-ball percentage (53.4%). His 23.4% strikeout percentage was more good than elite, but he rarely issued free passes and kept the ball on the ground while consistently going deep into games.
Along the way, the 27-year-old earned the second All-Star nod of his career. Alcantara had posted an ERA between 3.00 and 4.00 in each of his first four seasons with the Fish to emerge as a top-of-the-rotation caliber arm. Miami inked him to a $56MM extension last offseason, a deal that extended their window of control through 2027. That seemed a strong move for general manager Kim Ng and her staff at the time, and it now stands as an absolute bargain with Alcantara cementing himself upon the game’s top handful of pitchers.
It’s the first Cy Young nod for the native of the Dominican Republic, who’d never previously appeared on an awards ballot. Fried and Urías each picked up some support for the second time. The Atlanta southpaw finished fifth in Cy Young balloting in 2020, while the L.A. hurler placed seventh last year. Both earned a top-three placement for the first time this year, with sub-2.50 ERA showings. Fried twirled 185 1/3 innings of 2.48 ball, while Urías led qualified starters with a 2.16 ERA.
Fried picked up 10 second-place votes, and Urías was the runner-up on seven ballots. Nola, Zac Gallen, Carlos Rodón, Corbin Burnes and Edwin Díaz were the other players to receive at least one second-place vote. Nola and Gallen placed fourth and fifth, respectively. Rodón, Burnes, Díaz, Yu Darvish, Kyle Wright, Logan Webb and Ryan Helsley were the other players to appear on a ballot.
Full voting breakdown available here.
12 Players Reject Qualifying Offers
Twelve of the 14 players who received qualifying offers have rejected those one-year, $19.65MM contracts in favor of testing the open market, tweets Mark Feinsand of MLB.com. Martin Perez and Joc Pederson are the only two who accepted a QO. Each of Aaron Judge, Trea Turner, Xander Bogaerts, Dansby Swanson, Jacob deGrom, Carlos Rodon, Brandon Nimmo, Willson Contreras, Anthony Rizzo, Chris Bassitt, Nathan Eovaldi and Tyler Anderson have rejected the deal. Anderson is already in agreement on a three-year contract with the Angels.
None of the news is all that surprising, aside from perhaps Anderson’s early multi-year strike with the Halos. Perez and Pederson were two of the three most likely candidates to take the QO. That the Giants tagged Pederson at all was a move few saw coming, and most believed he’d indeed take the QO once it was put forth.
None of Judge, Turner, Bogaerts, Swanson, deGrom, Rodon, Nimmo, Bassitt or Contreras likely gave much thought to the possibility. Eovaldi and Rizzo were more borderline candidates, but the latter quickly returns to the Yankees on a multi-year deal that’ll pay him around the QO rate over two guaranteed seasons. Eovaldi has yet to sign, but he’ll presumably continue to search for a longer-term contract after taking advantage of the five days to scour the market.
The clubs that saw a free agent decline a qualifying offer now stand to receive draft compensation if that player signs elsewhere. The value of the compensatory pick depends on a team’s status as a revenue sharing recipient and/or whether they paid the luxury tax in 2022. That’s also true of the draft choices and potentially international signing bonus space a team would have to forfeit to sign a qualified free agent from another team.
MLBTR’s Tim Dierkes broke down the forfeiture each team would have to surrender to sign a qualified free agent earlier this month. MLBTR’s Mark Polishuk looked at the compensation each club would receive if one of these players signed elsewhere.
Rangers Interested In Top Free Agent Starting Pitchers
At the GM Meetings in Las Vegas, Rangers general manager Chris Young recently spoke with the media, including Evan Grant of The Dallas Morning News, and said the club is going to explore all areas of the starting pitching market. Jon Heyman of the New York Post mentions some discussions between the Rangers and Jacob deGrom, while Jon Morosi of MLB Network also mentions deGrom, in addition to Carlos Rodon and Kodai Senga.
It’s hardly a surprise that the rotation will be a focus going forward, given that it was an obvious weakness in 2022. Texas starters posted a collective 4.63 ERA this year, placing them 25th in the majors in that regard. They got some decent work from Jon Gray and a career year from veteran Martin Perez, though Perez has now reached free agency and deprived the already-weak rotation of its strongest performer. There’s reportedly mutual interest in a reunion, with he and the club reportedly discussing multi-year pacts. But nothing has been finalized and he has now officially received a $19.65MM qualifying offer.
The club has already made one move to fortify the starting corps, acquiring Jake Odorizzi from Atlanta yesterday. Odorizzi hasn’t been great over the past three years, but he seems plenty capable of taking the ball and providing some decent innings. He had a 4.21 ERA in 2021 and a 4.40 mark in 2022 but got over 100 innings in each of those seasons and 143 in each year from 2014 to 2019.
If the Rangers and Perez can come to an agreement, he would form a solid three-headed veteran core with Gray and Odorizzi. The rotation would have a solid base but would be lacking a true ace. Perez posted a 2.89 ERA in 2022 but was at 4.38 or above in each of the previous eight seasons. Even if he has unlocked a pitch mix that leads to better results, maintaining a 6.5% HR/FB rate will be tough to do and some regression could still be in the cards. Gray dealt with some injuries this year but still made 24 starts and posted a 3.96 ERA with rate stats fairly close to his career marks. Dane Dunning could also be a factor at the back end of the rotation after he put up a 4.46 ERA over 29 starts this year. His health is a bit uncertain after his season was ended by arthroscopic hip surgery, but he can be an option if he’s healthy.
It seems the Rangers are willing to consider another bold strike to complement that group of serviceable pitchers. Last year, they showed they’re not afraid of such moves, giving Corey Seager $325MM over ten years and Marcus Semien $175MM over seven years. This year, it’s possible the big strike comes for an ace to lead the starting staff. That could come in the form a deal for Rodon, whom the club has already been connected to, with deGrom and Senga also being considered.
deGrom, 35 in June, certainly fits the bill of an ace, as he’s arguably the best pitcher alive when healthy. That health hasn’t always been present, especially lately, with deGrom missing over a year from July of 2021 to August of 2022. However, after his return, he showed that he can still be his dominant self, making 11 starts and throwing 64 1/3 innings. His 3.08 ERA was two full runs above what he did prior to his injury shutdown in 2021, but the peripherals were still very similar. His 42.7% strikeout rate and 3.3% walk rate were both still absurdly good and point to more elite results going forward. Given his health concerns and age, it’s possible he will be looking at short-term offers with his annual salaries. MLBTR’s Top 50 Free Agents list dropped yesterday with a prediction of $135MM over three years, which is $45MM per year.
That would certainly be one way for the club to go. Another would be a more traditional contract of greater length but less money per year. MLBTR projected a higher guarantee for Rodon at $140MM, though over a five-year term that would be significantly less on an annual basis, $28MM per year. Senga will likely require even less, predicted for $75 over five years, or $15MM per season. Of course, that would also come with its own kind of risk, given that Senga’s unproven against MLB hitters and not all NPB aces have found similar success after crossing the Pacific.
When talking about such figures, it’s worth taking a look at the club’s payroll situation. Roster Resource currently pegs the Rangers’ 2023 outlay at $122MM. Last year’s Opening Day figure was $142MM, per Cot’s Baseball Contracts, meaning they’re only about $20MM away. If Perez eventually accepts the QO, they’re suddenly even. However, Young has already spoken about how payroll is going to go up and they have been as high as $165MM in previous seasons. Ultimately, exactly how much they have to spend will play a factor in how they address the rotation. If they have, say, $45MM to work with, putting all those eggs into the deGrom basket would be a huge upgrade but wouldn’t leave anything left to address the outfield or bullpen. Regardless of the final number, it will be interesting to see how it plays out as the club looks to gain some serious ground in a competitive AL West.
14 Players Receive Qualifying Offers
14 players received qualifying offers this year, reports Jeff Passan of ESPN (Twitter link). The list is as follows:
- Aaron Judge (Yankees)
- Trea Turner (Dodgers)
- Xander Bogaerts (Red Sox)
- Jacob deGrom (Mets)
- Dansby Swanson (Braves)
- Carlos Rodón (Giants)
- Brandon Nimmo (Mets)
- Willson Contreras (Cubs)
- Chris Bassitt (Mets)
- Anthony Rizzo (Yankees)
- Tyler Anderson (Dodgers)
- Martín Pérez (Rangers)
- Joc Pederson (Giants)
- Nathan Eovaldi (Red Sox)
As a refresher, the qualifying offer is a one-year offer a team can make to impending free agents. Players who have previously received a QO in their careers and/or didn’t spend the entire preceding season with one team cannot receive a qualifying offer. The value of the offer is calculated by averaging the salaries of the 125 highest-paid players in MLB. For the 2022-23 offseason, it is set at $19.65MM.
If a player accepts the QO, he returns to his current team for next season on that salary. If he declines, the team would receive compensation if he were to sign elsewhere. The specific compensation depends on the team’s status as both a luxury tax payor and whether they receive revenue sharing payments. MLBTR’s Mark Polishuk took a look at the compensation each team would receive for losing a qualified free agent last week.
Signing a player who refuses a QO from another team requires the signing team to forfeit draft picks and/or international signing bonus space. As with compensation for losing qualified free agents, the specific nature of the forfeiture is dependent on revenue sharing status and the competitive balance tax.
[Related: Which Picks Would Each Team Forfeit By Signing A Qualified Free Agent?]
The majority of players who receive qualifying offers decline them each offseason. Judge, Turner, Bogaerts, deGrom, Swanson, Rodón, Nimmo, Contreras and Bassitt were always virtual locks to receive a QO. They’ll assuredly turn them down and sign multi-year contracts, either with their incumbent teams or other clubs. Rejecting a qualifying offer, to be clear, does not affect a player’s ability to continue negotiating with his previous team.
Rizzo, Anderson and Pérez were all more borderline QO candidates, although reports in recent days had suggested each was likely to receive the offer. There’s a case for all three players in that group to accept, although their representatives will have five days to gauge the market before making that decision. Pérez has reportedly received a two-year offer from Texas. The sides have long expressed mutual interest in agreement, but they’ve yet to come to terms on a longer deal.
The final two qualified free agents come as more surprising developments. Eovaldi always looked like a borderline QO candidate. He recently wrapped up a four-year, $68MM contract with the Red Sox. The right-hander was generally effective over the life of that deal, but his 2022 campaign was more of a mixed bag. Shoulder and back injuries limited him to 20 starts and 109 1/3 innings. His 3.87 ERA over that stretch was right in line with his 2020-21 marks, but his strikeout rate dropped a few points to a league average 22.4%. Eovaldi’s fastball also dipped slightly from siting just under 97 MPH down to 95.7 MPH, but that’s still plenty impressive velocity. Paired with his elite strike-throwing ability and the Red Sox’s need for rotation help, they’d be content to bring the 32-year-old back for just under $20MM if he accepted the QO.
The most surprising qualifying offer recipient, however, is Pederson. San Francisco signed the outfielder to a one-year, $6MM deal last winter after an up-and-down 2021 campaign with the Cubs and Braves. The left-handed slugger responded with an excellent .274/.353/.521 showing, connecting on 23 home runs in 433 plate appearances. Pederson also posted elite batted ball marks, including a 93.2 MPH average exit velocity that’s around five MPH above league average. He also made hard contact (a batted ball hit 95 MPH or harder) on a career-best 52.1% of his balls in play.
That figured to give 30-year-old a strong shot at a multi-year offer, although it’s still surprising to see the Giants offer him nearly $20MM to return. Pederson played left field in Oracle Park, but he rated as 12 runs below average over 685 innings in the estimation of Defensive Runs Saved. He’s consistently posted subpar defensive marks and is limited to the corner outfield or designated hitter. The Giants also shielded him against southpaws, limping him to 57 plate appearances against left-handed pitching.
Some notable players who were eligible for a qualifying offer but did not receive one include Jameson Taillon, Mitch Haniger, Taijuan Walker, Andrew Heaney and Michael Wacha. That group will all hit the open market unencumbered by draft pick compensation, which should be a boost to their free agent stocks.
Of the crop of QO recipients, Pederson looks likeliest to accept, although it’s possible that anyone in the group turns the offer down if their reps find interest over multi-year pacts. Players have until the evening of November 15 to determine whether to accept or turn down the QO.
The Opener: Free Agency, MLBTR’s Top 50, Rangers
As the baseball world prepares for the offseason to kick into a higher gear this evening, here are three things to keep an eye on throughout the day:
1. The Next Stage Of The Offseason Begins
At 4 PM CDT today, free agency will begin in earnest. Most importantly, that time is when free agents will be free to negotiate and sign new contracts with other clubs. It also serves as the deadline for teams to extend their outgoing players a Qualifying Offer, and for teams and players alike to make the few options decisions that remain undecided, such as those of Nick Martinez, who Dennis Lin of The Athletic notes may renegotiate his contract with San Diego, and Justin Turner. News should be expected to trickle in throughout the day leading up to 4 PM CDT, as players and teams make their final decisions and plans before the next stage of the offseason begins.
2. MLBTR’s Top 50 Free Agents
Once that QO/option deadline passes, we at MLB Trade Rumors will put the finishes touches on our annual Top 50 Free Agents And Predictions post. Some outlets have already published theirs, but we like to wait until the QO decisions have been revealed because they can have such a significant impact on a free agent’s market. This makes us a little bit late to the party but allows us to provide a bit more analysis and (hopefully) more accuracy. For instance, one year ago, we predicted that Brandon Belt would accept the QO and returns to the Giants, which eventually came to pass. For most borderline QO candidates, we have seperate predictions based on whether they get the offer or not. It’s our biggest post of the year and you should keep an eye out for it later today! Shortly after that comes out, we will also launch our annual prediction contest, where you can do your best to try and predict the unpredictable offseason.
3. Rangers Look To Fortify Rotation
The Rangers are looking to improve after a big offseason last year resulted in a record of 68-94 and a fourth place finish in the AL West in 2022, and they have no bigger need than the rotation, where they face plenty of questions as to who will slot in both in front of and behind Jon Gray. Texas shored up the back of their rotation yesterday evening in a trade with the Braves for Jake Odorizzi, but GM Chris Young will need to add more to his rotation in order to compete in 2023. The Rangers have been previously connected to lefty ace Carlos Rodon, and reports last night indicated that the club not only plans on extending Martin Perez a Qualifying Offer by today’s deadline, but is in negotiations with his camp on a multiyear deal as well. Should the Rangers be successful in their pursuits, a rotation of Rodon, Perez, Gray, Odorizzi, and a youngster such as Dane Dunning or Spencer Howard would be a significant improvement over 2022, though they’d still need to address their outfield situation to truly position themselves as contenders for 2023.
Zaidi: Giants In Contact With Free Agent Shortstops, Plan To Issue QO To Carlos Rodon
The Giants are widely expected to be one of the league’s most active teams this offseason, with the front office reloading after an underwhelming 2022 season. President of baseball operations Farhan Zaidi met with reporters (including John Shea of the San Francisco Chronicle) this evening and confirmed the team could play near the top of the market.
Asked about the club’s free agent priorities, Zaidi told the media “from a financial standpoint, there would be nobody that would be out of our capability.” He went on to note they’ve already had discussions with representatives for free agent shortstops who’ve expressed a willingness to move to second base in deference to Brandon Crawford (via Jon Morosi of MLB.com). Teams technically aren’t allowed to negotiate contract terms with free agents from other teams until tomorrow evening, but they can discuss more general concepts like roster fit during the exclusive negotiation period.
Zaidi didn’t specify the players involved, although it’s not hard to infer he’s speaking about the top shortstops on the market. Carlos Correa, Trea Turner, Xander Bogaerts and Dansby Swanson are going to be priority targets for a number of the game’s biggest-spending teams. It’s notable that Zaidi spoke of potentially moving an external pickup to the other side of the bag while keeping Crawford at shortstop, although it’s not clear if that’s an absolute requirement for any player under consideration. Scott Boras, who represents both Correa and Bogaerts, told reporters he hasn’t heard from teams looking to push either player off the position (link via Bob Nightengale of USA Today).
While adding a top shortstop is plausible for a San Francisco club looking to get younger and more athletic this winter, Zaidi and his group are sure to cast a wide net. The mention of the financial wherewithal to pursue any player available will lead to further speculation about the market’s top free agent. The Giants are sure to be linked to Aaron Judge throughout the winter, as they’re indeed among the clubs most well-positioned for that kind of expenditure. San Francisco has roughly $72.5MM in guaranteed commitments on the books, pending a call on Evan Longoria’s option. Even with a fairly heavy arbitration class, the Giants have plenty of room before approaching this year’s $155MM Opening Day mark, and they’re nowhere near the franchise-record heights that pushed $200MM.
Of course, San Francisco is facing a few potential key departures. Ace Carlos Rodón opted out of the second year of his deal and is back on the open market. Zaidi confirmed the club’s obvious decision to tag him with a $19.65MM qualifying offer (via Alex Pavlovic of NBC Sports Bay Area), which Rodón is a lock to reject in pursuit of a deal north of nine figures. That’d entitle the Giants to a compensatory draft choice between Competitive Balance Round B and the third round (roughly 75th overall) in next year’s draft if the star southpaw departs.
San Francisco also sees corner outfielder Joc Pederson hit the open market, and while he certainly won’t receive a QO, Zaidi reiterated the team would like to keep him around (Shea link). The lefty-hitting outfielder posted a .274/.353/.521 line after signing a $6MM guarantee last offseason, and the club has discussed a potential extension as far back as September. Pederson is sure to beat $6MM this time around and looks to have a good shot at a multi-year contract after his quality platform year.
Carlos Rodon Opts Out Of Contract
Giants starter Carlos Rodon has opted out of his contract and entered free agency, per Maria Guardado of MLB.com. Rodon had a player option for $22.5MM in 2023, but given his exceptional performance this year, it’s no surprise he’s chosen to enter the open market.
Rodon turned in 178 innings of 2.88 ERA ball in 2022, proving the decision to take a shorter deal last winter and bet on himself was the correct one. He’ll now enter free agency as one of the top players available, and should cash in with a long term deal. After an injury-plagued career, Rodon was strong for the White Sox in 2021, throwing 132 2/3 innings of 2.37 ERA ball. Given he’d only been able to make 41 starts in the previous four seasons, there was still some hesitancy of his durability, and he inked a short term deal with the Giants. That deal guaranteed him $21.5MM in 2022 and $22.5MM in 2023, with the ability to opt-out included if he pitched 110 innings in ’22. He passed that mark with ease, and it seemed inevitable he’d exercise the opt-out and test free agency, as he did today.
The 2014 third overall pick was utterly dominant in 2022. He struck out batters 33.4% of the time, walked just 7.3% of batters, and posted the best home run rate of his career, giving up just 12 all year. Durability was one of the biggest concerns over Rodon, but he only hit the injured list once all season, and that was due to an illness that forced him to miss his final start of the campaign, and the Giants only placed him on the IL to free up an active roster spot.
He’ll enter the market as one of the most sought-after arms available. The Giants will assuredly issue him a qualifying offer in the coming days which he’ll certainly decline. The Giants could well be one of the teams pushing to sign him, but should they lose him, they’ll at least receive some draft pick compensation.
Previewing Upcoming Qualifying Offer Decisions
The World Series concludes this weekend, and the offseason gets underway almost immediately thereafter. Teams and players have to decide whether to exercise contractual options within five days of the Series ending, while clubs also must determine whether to issue their impending free agents a qualifying offer before free agency officially opens. MLBTR’s Mark Polishuk took a preliminary look at the qualifying offer class in August (position players/pitchers).
With another few months of play in the books, we’ll take a final run at previewing the class. As a refresher, the qualifying offer is a one-year offer that’s calculated by averaging the salaries of the 125 highest-paid players in the majors in a given season. That value has been set at $19.65MM for this offseason. If a player rejects the offer, he sets out into free agency. The player’s previous team would receive draft pick compensation if he signs elsewhere, while a team that signs another club’s qualified free agent would forfeit a draft choice (or choices) and possibly international signing bonus space.
Draft pick compensation and forfeiture differs depending on a team’s revenue sharing status and whether they exceeded the luxury tax threshold this year. MLBTR’s Tim Dierkes looked yesterday at what picks each team would lose were they to sign a qualified free agent; conversely, Mark Polishuk covered the draft pick compensation clubs would land if one of their qualified free agents departed.
Locks
- Chris Bassitt (Mets)
- Xander Bogaerts (Red Sox)
- Willson Contreras (Cubs)
- Jacob deGrom (Mets)
- Edwin Díaz (Mets)
- Aaron Judge (Yankees)
- Brandon Nimmo (Mets)
- Carlos Rodón (Giants)
- Dansby Swanson (Braves)
- Trea Turner (Dodgers)
There’s not a whole lot to say about this group. These are 10 of the best impending free agents. Bogaerts, deGrom, Judge, Rodón, Swanson and Turner are all going to top nine figures. Díaz, Nimmo and maybe Contreras could get to $100MM. Bassitt doesn’t have quite that earning power, since he’ll turn 34 in February. That caps the length of the contract he can expect, but the veteran righty is arguably the fourth-best starting pitcher on the market. He’s likely to land an annual salary similar to the value of the QO over a multi-year term.
Possible Candidates
- Tyler Anderson (Dodgers)
A stable back-of-the-rotation strike-thrower, Anderson inked an $8MM guarantee with the Dodgers last year. The veteran southpaw responded with a career season, posting a sparkling 2.57 ERA across 178 2/3 innings. He walked fewer than 5% of opposing hitters and averaged almost six innings per appearance, an incredible source of stability in a rotation that dealt with a fair share of injuries.
Headed into his age-33 season, Anderson is now in position for easily the best payday of his career. The question is whether that might come in the form of the QO. The Dodgers certainly have the budget for an investment of that size, and they’re never shy about stockpiling pitching depth. Yet it’s fair to wonder whether Anderson projects markedly differently than he did last winter when he was coming off a combined 4.49 ERA from 2020-21. He benefited from a career-low .256 batting average on balls in play this year, and his 19.5% strikeout rate is a near-match for his 2021 mark. His fastball still averages under 91 MPH, and while he turned to his changeup more often this past season than he has previously, he didn’t dramatically overhaul his repertoire. Anderson’s a solid pitcher with a knack for getting opponents to chase and make weak contact, but he doesn’t brandish the kind of power arsenal that’d immediately endear him to teams.
- Nathan Eovaldi (Red Sox)
Eovaldi is wrapping up a four-year deal he signed with the Red Sox on the heels of his incredible 2018 postseason. The right-hander had a tough 2019 season but has followed up with three generally solid years since then. Eovaldi has posted an ERA between 3.72 and 3.87 since 2020, consistent mid-rotation production. That’s in line with what he’s done for much of his career.
Despite possessing big velocity, Eovaldi’s more of a control artist than a bat-missing weapon at the top of the starting staff. He’s incredibly walked less than 5% of opposing hitters in each of the last three years, with a cumulative 4.4% mark that’s the second-lowest among 94 pitchers with 250+ innings over that stretch. He posts above-average swinging strike rates but not elite numbers in that regard, and he tends to give up a fair number of home runs.
One can argue Eovaldi’s the fourth or fifth-best free agent starter available, although he spent time on the injured list this year with separate back and shoulder concerns en route to just 109 1/3 innings. His typical 97+ MPH heater sat at a slightly diminished (but still strong) 95.7 MPH this year. Eovaldi has two Tommy John surgeries on his ledger and has some durability question marks, but a strong one-year risk could be palatable for a big-spending team that has virtually no certainty in the rotation. At the same time, the Sox would receive only a compensatory pick after the fourth round if he rejects a QO and departs, thanks to their paying the luxury tax in 2022. That’s of marginal value, so Boston’s only really incentivized to make a QO if they hope he accepts.
- Mitch Haniger (Mariners)
Despite playing his home games in one of the league’s more pitcher-friendly environments, Haniger popped 39 home runs in 2021. That was a career-best power spike, but it demonstrated the kind of offensive potential he has when healthy. The right-handed slugger posted well above-average hitting marks in 2017-18 before an average ’19 campaign and a 2020 season wiped out by injury. His 2022 showing was more in the latter bucket, as he lost a chunk of the summer to a high ankle sprain and posted a .246/.308/.429 line in 247 trips to the plate.
Haniger’s a middle-of-the-order caliber bat who plays an adequate corner outfield, and he should find a multi-year deal going into his age-32 campaign if the Mariners don’t make him a QO. On the heels of this platform season, he’d have to seriously consider accepting the QO if offered. Seattle has a fair bit of near-term financial flexibility to make that bet, but they also have a number of in-house outfielders who can step in more affordably if Haniger walks.
- Andrew Heaney (Dodgers)
The Dodgers rolled the dice on Heaney after a home run-filled 2021 season, signing him for $8.5MM. The southpaw didn’t provide much volume, missing extended stretches of the year fighting shoulder discomfort. When he was healthy enough to take the mound, the 31-year-old was brilliant. Heaney posted a 3.10 ERA and struck out an incredible 35.5% of opposing hitters through 72 2/3 innings. He got a swinging strike on a whopping 16.8% of his offerings, the highest rate of any pitcher with 70+ innings pitched. Heaney put up ace-caliber numbers when he took the hill, but he pitched less than half the season and is only a year removed from a 5.83 ERA over 30 outings with the Angels and Yankees.
Unlike a few other pitchers on this list, one can easily point to a huge change with Heaney that could’ve spurred his breakout. He started throwing a slider for the first time since 2017, turning to it as his go-to secondary offering while ditching his curveball and scaling way back on his changeup usage. The new breaking ball was fantastic, holding opponents to a .170 batting average with one of the highest whiff rates in the league.
That leads to a tough decision for L.A. The Dodgers have shown as much willingness as any team to take short-term risks on high-upside players, including Heaney himself last winter. There’s a difference between an $8.5MM gamble and one pushing $20MM, but he could be next in the line of Kevin Gausman and Carlos Rodón breakout types if he can stay healthy.
- Martín Pérez (Rangers)
A former top prospect, Pérez has bounced around the league but consistently put up below-average results after some early-career success. He returned to his original organization last offseason, inking a $4MM deal with the Rangers after a pair of rough seasons in Boston. That proved to be one of the better buy-low moves of the winter, as Pérez made 32 starts and soaked up 196 1/3 innings. He posted a 2.89 ERA, a top 25 mark among hurlers with 100+ innings. Despite pitching in the majors for over a decade, he’s only entering his age-32 season.
If the Rangers are confident Pérez can come close to replicating his 2022 production, then a QO would be an easy call. Yet it’s fair to wonder how sustainable the southpaw’s success is. He posted an ERA north of 4.00 every year between 2014-21. He didn’t experience any kind of velocity bump, nor did his strikeout and walk profile change. Pérez only punched out 20.6% of opponents on a meager 8.4% swinging strike rate. He did induce ground-balls at a quality 51.4% clip, but he’s previously posted strong grounder rates without finding much success keeping runs off the board. Pérez made some small tweaks to his repertoire, using his sinker more against right-handed batters while leaning a bit more heavily on his cutter against lefties. Without a massive overhaul or velocity spike, though, it’s hard to know how much of his improved results truly represent a step forward.
- Anthony Rizzo (Yankees)
Rizzo inked a two-year, $32MM guarantee to return to the Yankees in Spring Training. The deal allowed him to opt out of the final $16MM after this season, and the first baseman now looks as if he’ll do so. After a couple fine but unspectacular years, Rizzo bounced back with a 32-homer showing for the first time since 2017. He only hit .224, but that’s largely due to a career-worst .216 batting average on balls in play. Few hitters in baseball were shifted against more often, and the upcoming limitations on shifting should help him find a few more base knocks. Even if the shift ban doesn’t lead to a jump in performance, his .224/.338/.480 mark through 548 plate appearances checked in 32 points above the league average by measure of wRC+.
Heading into his age-33 campaign, Rizzo’s likely limited to two or maybe three-year offers. Those should be at annual rates at least approaching the value of the qualifying offer. It seems unlikely Rizzo would accept a QO. After all, in order to be eligible for the qualifying offer, he’d first have to decline a $16MM salary for next year. Perhaps he’d be content to take the accompanying $3.65MM pay bump before re-testing free agency after 2023, but he’d presumably prefer a new multi-year arrangement. Even if he does accept the QO, the Yankees could find that a reasonable investment, as Rizzo’s high-contact lefty bat plays well in their ballpark and in a lineup that otherwise skews toward the right side.
- Jameson Taillon (Yankees)
Taillon has spent the past two years in the Bronx after coming over from the Pirates via trade. New York rolled the dice at the time, surrendering a few solid prospects for a pitcher who’d missed the 2020 season after undergoing the second Tommy John surgery of his career. Taillon rewarded their faith, posting the #3/4 starter-type numbers he had throughout his time in Pittsburgh. Over the past two years, the right-hander owns a 4.08 ERA through 61 starts in a hitter-friendly environment. He’s punched out a slightly below-average 21.9% of opponents but only walked 5.7% of batters faced, holding the opposition to a .242/.290/.426 line.
Heading into his age-31 season, Taillon is one of the better options in a class full of mid-rotation starters. He averages around 94 MPH with his fastball, throws plenty of strikes and has flashed the ability to both miss bats and keep the ball on the ground at times in his career. Taillon never became the ace some may have expected when he was drafted second overall back in 2010, but he’s a rock-solid league average starter. Clubs may have some trepidation long-term about the two Tommy John procedures in his past, but the only injured list stint he’s required in the last two years was a two-week absence in September 2021 for an ankle issue. The Yankees do have a number of rotation options, but there’s enough uncertainty with players like Luis Severino, Domingo Germán and Clarke Schmidt they’d seem content to welcome Taillon back if he accepts the QO.
- Taijuan Walker (Mets)
Walker’s going to decline a $6MM player option in favor of a $3MM buyout, leaving the Mets to decide whether to follow up with a QO. Signed over the 2020-21 offseason, the right-hander had a somewhat disappointing first season in Queens, posting a 4.47 ERA. He rebounded with a strong 3.49 mark in 157 1/3 innings this past season, taking the ball 29 times despite a minor early-season IL stint due to shoulder bursitis. He didn’t overpower opponents, striking out a slightly below-average 20.3% of batters faced, but he consistently threw strikes and got ground-balls at an above-average 46.2% clip.
Heading into his age-30 season, Walker looks the part of a useful mid-rotation starter. He battled some injury issues early in his career but has mostly been healthy the last two years. He averages a bit under 94 MPH on his fastball, is effective against hitters from both sides of the plate and is coming off arguably the best season of his career. Walker gives up a decent amount of hard contact, but that’s perhaps not as concerning for a Mets team that plays its home games in a pitcher-friendly ballpark as it would be to some other clubs. The Mets have a number of impending free agents in the rotation and as high a spending ceiling as any team in the game, so they could be content to absorb a heavy one-year salary for Walker.
Longshots
- Mike Clevinger (Padres)
Entering the season, Clevinger looked like one of the higher-upside options in the class. He was coming off a 2021 campaign lost to Tommy John surgery, but he’d been excellent for the Indians and Padres from 2017-20. This year didn’t go well, though. Clevinger’s stuff was notably down from his pre-surgery form, and his results were below-average across the board. He finished the season with two abysmal playoff starts, and the Padres are probably content to let him sign elsewhere.
- Zach Eflin (Phillies)
Eflin had a solid case for a three-year deal midway through the first half. The typically effective right-hander then lost two months with a right knee injury, an unfortunate continuation of knee troubles that have plagued him since before he began his career. Eflin has undergone multiple knee surgeries in the past, and while he didn’t need to go under the knife this year, the absence kept him to working in shorter stints out of the bullpen for the stretch run and the playoffs. Coming off that platform season, it’s hard to see the Phillies offering a salary approaching $20MM.
- Clayton Kershaw (Dodgers)
Kershaw’s an easy QO candidate in a vacuum. He’s still one of the game’s best pitchers on a rate basis, and a $19.65MM salary is a bargain for even the 126 1/3 innings of 2.28 ERA ball he gave the Dodgers this past season. Yet that was also true last winter, when the future Hall of Famer was coming off a 3.55 mark across 121 2/3 frames. The Dodgers opted against a QO — not because they were against guaranteeing him a lofty one-year salary, but because they wanted to give Kershaw more than the 10 days allotted to QO recipients to determine his next steps, as president of baseball operations Andrew Friedman later explained. Friedman has already implied they’ll do the same this winter.
- Sean Manaea (Padres)
San Diego acquired Manaea from the A’s in Spring Training, hoping to solidify an already strong rotation with a durable source of mid-rotation innings. The southpaw mostly delivered on that for the first half, posting a 4.11 ERA through the All-Star Break. His final couple months were a disaster, though. Manaea was barraged for a 6.44 ERA in the second half, coughing up 15 homers along the way. The Friars gave him just one postseason start, and he failed to make it out of the second inning while giving up five runs in a loss to the Phillies. Before these past few months, Manaea had a consistently solid track record, and his 2022 strikeout and walk rates are in line with his career marks. He should be a popular bounceback candidate in free agency, but as with Clevinger, it feels like the Padres are set to move on.
- Jurickson Profar (Padres)
Profar can opt out of the final year and $7.5MM on his deal with San Diego. He’ll do so and beat that modest figure on the heels of a useful .243/.331/.391 showing over 658 plate appearances. Profar has put up slightly above-average offensive numbers in two of the past three seasons, but he’s now limited to left field after throwing issues pushed him off second base. Without much defensive value or a carrying tool at the plate, he’s not going to command a salary approaching the value of the QO in free agency.
- Ross Stripling (Blue Jays)
Stripling had a strong 2022 season as a swing option for the Blue Jays. He started 24 of 32 appearances, tallying 134 1/3 innings of 3.01 ERA ball. The veteran righty doesn’t throw particularly hard, but he missed bats on a decent 11% of his offerings and only walked 3.7% of opponents. Stripling proved a surprisingly key piece of the Jays starting staff, but he’s headed into his age-33 season and had a ghastly 5.14 ERA from 2020-21. Toronto could well look to bring him back, but his career track record doesn’t support a salary in the QO range.
- Michael Wacha (Red Sox)
Wacha put up a 3.32 ERA across 127 1/3 innings for the Red Sox this year, making good after inking a $7MM free agent guarantee. The righty didn’t dramatically overhaul his approach, though, posting lower strikeout and swinging strike numbers than he did during 2020-21 campaigns in which he combined for a 5.39 ERA over 37 outings. Wacha’s a solid strike-thrower and has given himself a shot at a multi-year deal, but it wasn’t the kind of resounding breakout that should position him for a salary pushing $20MM. Even for a Red Sox team that needs to overhaul its rotation, that’d be an eyebrow-raising investment, and it’s hard to imagine Wacha turning the QO down if offered.
Ineligible
- José Abreu (White Sox)
- Josh Bell (Padres)
- Andrew Benintendi (Yankees)
- Carlos Correa (Twins)
- Noah Syndergaard (Phillies)
- Justin Verlander (Astros)
All six of these players would’ve been at least plausible qualifying offer candidates, but they’re ineligible to receive one under the terms of the collective bargaining agreement. Teams can’t qualify any player who has previously received a QO in his career, nor are they allowed to tag a player they acquired midseason. The ‘previous QO provision’ rules out Abreu, Correa and Verlander; Bell and Benintendi were traded midseason. Syndergaard is ineligible on both accounts.
Rangers Expected To Pursue Carlos Rodón In Free Agency
The Rangers will be looking to add some pitching this offseason and evidently aren’t ruling out a run at the top of the market. Andrew Baggarly of The Athletic reports that the club is planning a “hard push” for left-hander Carlos Rodón.
Rodón, 30 in December, isn’t technically a free agent just yet. Prior to the 2022 campaign, he signed a two-year, $44MM deal with the Giants. However, that deal allows Rodón to opt-out after the first year of the deal, which he is widely expected to do. The only reason he had to settle for a short-term deal in the first place was because of health concerns.
Rodón only threw 42 1/3 innings combined over 2019 and 2020 due to various injuries. In 2021, he was healthy enough to get to 132 2/3 frames on the year, but seemed to run out of gas as the season went along. Due to those durability concerns, he settled for a short pact with the Giants, but one that would allow him to return to the open market as long as he pitched a minimum of 110 innings.
That plan has gone exactly as envisioned for the southpaw, as he stayed healthy all year, making 31 starts and logging a personal-best 178 innings. The added quantity didn’t subtract from the quality either. He registered a 2.88 ERA with a 33.4% strikeout rate, 7.3% walk rate and 34.1% ground ball rate. He was worth 6.2 wins above replacement in the eyes of FanGraphs, the second-highest such tally among all MLB pitchers this year, trailing only Aaron Nola. Based on that excellent campaign, he’s sure to opt out of the $22.5MM remaining on his deal and return to the open market.
While that strong showing means Rodón will become a free agent, it also means he will get paid. He figures to be at the top of the free agent starting pitching market, alongside fellow opt-out holders Jacob deGrom and Justin Verlander. Those other two hurlers are older than Rodón and will be limited to shorter contracts with high average annual values, something akin to the Max Scherzer contract from last year. Rodón, on the other hand, will be more analogous to Robbie Ray and Kevin Gausman. Ray and Gausman were both free agents a year ago, with Ray going into his age-30 season like Rodón, while Gausman was going into his age-31 campaign. Rodón has a case that he’s as good as, or perhaps better than, both of them. Here are their platform years…
- Rodón: 178 innings, 33.4% strikeout rate, 7.3% walk rate, 34.1% ground ball rate, 6.5% HR/FB, 2.88 ERA, 2.83 SIERA, 2.25 FIP, 6.2 fWAR.
- Ray: 193 1/3 innings, 32.1% strikeout rate, 6.7% walk rate, 37.2% ground ball rate, 15.9% HR/FB, 2.84 ERA, 3.21 SIERA, 3.69 FIP, 3.9 fWAR.
- Gausman: 192 innings, 29.3% strikeout rate, 6.5% walk rate, 41.9% ground ball rate, 11.3% HR/FB, 2.81 ERA, 3.42 SIERA, 3.00 FIP, 4.8 fWAR.
Rodón issues slightly more walks but also got more strikeouts and allowed far fewer home runs. Though the ERAs are very close, advanced metrics prefer Rodón’s profile and give him the nod. Teams interested in signing Rodón won’t look just at his most recent season, of course, with his past injuries still counting for something. However, Ray and Gausman also had warts on their respective resumes, with Ray not pitching so well over 2018-2020 and Gausman struggling in 2019.
Ray was given a qualifying offer a year ago but Gausman was ineligible as he had already received one in his career. Both pitchers ended up receiving fairly similar contracts, as Ray signed with the Mariners for $115MM over five years, while Gausman signed with the Blue Jays for $110MM, also over five years. Like Ray, Rodón will receive and reject a qualifying offer, though it shouldn’t have a significant effect on his market.
For the Rangers, they spent big on free agency last year, giving huge deals to Corey Seager and Marcus Semien. Though those two players had fine seasons, the team still disappointed, largely due to their pitching. The team’s starters registered a 4.63 ERA, ranking them 25th out of the 30 MLB teams. Advanced metrics like FIP and SIERA weren’t much kinder, coming in at 4.42 and 4.36, respectively. That’s part of the reason why the club ended up going 68-94 on the year.
One of the few pitchers to perform well for the Rangers this year was Martín Pérez, though he’s slated for free agency. There’s apparently some mutual interest in a reunion for next year, though nothing is set in stone there yet. That leaves the Rangers with a rotation consisting of Jon Gray, Dane Dunning and a few holes. There are some internal candidates to fill those holes, though none of them had strong campaigns in 2022. Glenn Otto, Cole Ragans, Taylor Hearn and Spencer Howard each made at least eight starts for the Rangers in 2022, though all three of them posted ERAs around 5.00 or higher.
Improving the rotation for 2023 is a fairly sensible move for the Rangers as they look to put together a more competitive squad going forward. General manager Chris Young has indicated that the club will increase payroll this year, which will apparently allow them to consider spending at the very top of the free agent pitching market. The club ran out an Opening Day payroll of $142MM in 2022, per Cot’s Baseball Contracts. Their outlay for 2023 is currently at $99MM, per Roster Resource, though that figure doesn’t include salaries for arbitration-eligible players or a $6MM option for Jose LeClerc. That LeClerc option and the arb class should get the Rangers up to around $115MM or so, leaving almost $30MM to work with before they get to their 2022 number. How much they actually have to spend will depend how much higher the payroll is expected to climb this year.
The Rangers will surely have competition for Rodón’s services, with just about every team with designs on contention looking to upgrade their starting rotation. Since he will be one of the best hurlers available, he figures to be quite popular this winter. The Giants have already expressed an interest in keeping him in San Francisco, for instance. Whether the Rangers ultimately sign him specifically or not, it is likely exciting news for fans of the club that they are willing to pair last year’s spending spree on position players by being similarly aggressive on the pitching front this year.