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Padres Re-Sign Elias Díaz

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The Padres officially announced that they’ve re-signed catcher Elias Díaz to a one-year deal with a mutual option for the 2026 season. The ACES client is reportedly guaranteed $3.5MM — taking the form of a $1.5MM base salary for the upcoming season and a $2MM buyout on the $7MM option. San Diego had multiple openings on the 40-man roster and didn’t need to make a corresponding move.

Díaz, 34, finished the 2024 season with the Padres. After being released by the Rockies, he landed a minors pact with the Friars and was added to the roster just before the calendar flipped from August to September. He joined Kyle Higashioka and Luis Campusano on the roster, though Campusano would be optioned a little more than a week later. Díaz hit .190/.292/.429 in 24 plate appearances. For the postseason, the Friars carried Higashioka and Díaz on the roster over Campusano, though Higashioka took the bulk of the work as Díaz received only one plate appearance.

Both Díaz and Higashioka became free agents at the end of the season, leaving the Friars with a clear hole behind the plate. Higashioka signed with the Rangers. Campusano, who is still on the roster, seemed to have a breakout season in 2023 when he hit .319/.356/.491, but his line had a steep drop last year, finishing at .227/.281/.361. Since his defensive metrics were also poor, he was considered to be below replacement level on the year.

That made the position a clear target area for the Friars this offseason. However, the club has been remarkably quiet this winter. Once completed, this will be their first free agent signing. Their only trade so far was acquiring right-hander Ron Marinaccio after he was designated for assignment by the White Sox.

That’s surely related to the club’s uncertain payroll situation. The Padres spent aggressively while Peter Seidler was owning the club but it turned out to not be sustainable. In September of 2023, it was reported that the club was “out of compliance with MLB regulations regarding their debt service ratio.” Seidler died in November of that year. The 2023-24 offseason saw the Padres look to cut their payroll, which led to Juan Soto getting traded to the Yankees.

This winter, it once seemed that the club would have to dial back projected spending some more, which led to plenty of rumors involving players like Dylan Cease, Luis Arráez, Michael King, Robert Suarez and others. Reporting in recent days has suggested the situation isn’t quite so dire, with the Friars not necessarily having to cut spending. However, with holes in left field, at catcher, in the rotation and perhaps at shortstop, trading one of those players might still be necessary in order to free up money and then add elsewhere.

Regardless of the specifics, it’s clear that the budget crunch has made president of baseball operations A.J. Preller far less active than in other offseasons. It has also limited the club in addressing their catching situation. They signed Martín Maldonado to a minor league deal and have now made a modest investment with this deal.

Díaz generally gets better marks for his glovework than for his bat. For his career, he has hit .251/.304/.388 for a wRC+ of 78, indicating he’s been 22% below the league average hitter. Catchers generally come in about 10% below the league-wide mean, though Díaz will still come in below that lower bar. Between the Rockies and Padres last year, he hit .265/.313/.382 for a wRC+ of 81.

Behind the plate, outlets like FanGraphs, Baseball Prospectus and Statcast have generally ranked him as a poor framer but close to average in terms of blocking and strong when it comes to controlling the running game.

Díaz and Campusano now project as the club’s catching duo. Campusano still has an option and could be pushed to Triple-A, though the only other backstop on the 40-man roster is Brett Sullivan, who is about to turn 31 years old and has a .206/.243/.299 line in just 103 big league appearances.

Ideally, Campusano would regain his 2023 form and run with the job. He has less than three years of service time and therefore has the potential to be a cheap solution for his four remaining years of club control. But if he can’t rebound from his rough 2024, the Padres now at least have a competent veteran on-hand. Maldonado also gives them some seasoned non-roster depth and it’s also possible the club makes further moves to address the catching situation.

RosterResource now projects the Friars for a competitive balance tax number of $245MM. That’s just a bit above this year’s $241MM base threshold, though as mentioned, it’s possible that they change their financial situation via trades of players making notable salaries.

Daniel Álvarez-Montes of El Extrabase first reported that Díaz had agreed to a one-year deal that guaranteed $3.5MM and included a mutual option. Álvarez-Montes also reported the specific salary breakdown and the option value.

Orioles To Pursue Catching Help This Winter

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5:03PM: The Orioles have interest in Elias Diaz, MASNsports.com’s Roch Kubatko reports.  An All-Star in 2023 due to a hot start to the season, Diaz has been a below-average offensive performer for most of his 10 MLB seasons, but his defensive metrics have been generally solid.  Diaz hit .265/.313/.382 over 351 plate appearances with the Rockies and Padres last season, as Diaz landed with San Diego in August after being released by Colorado.

1:34PM: Much of the conversation surrounding the Orioles to this point in the offseason has focused on recently-departed free agents Corbin Burnes and Anthony Santander and the club’s efforts to either reunite with or replace those top-of-the-market players. In an appearance on MLB Network Radio earlier today, club GM Mike Elias acknowledged that the club would “love” to bring both Burnes and Santander back, and that they’re prioritizing additions to the top of the rotation and the outfield to make up for that lost production. While those plans have already been reported on extensively, Elias also noted one other departing free agent who the club would either like to reunite with or replace this winter: veteran catcher James McCann.

McCann, 34, spent the past two seasons in Baltimore after being traded to the Orioles by the Mets prior to the 2023 season. He settled comfortably into the backup catcher role with his new club, serving as the second half of a tandem alongside young star Adley Rutschman. During his time in Baltimore, Statcast rated McCann as a below-average defensive catcher overall, with average marks (0 CS Above Average) for throwing out runners but lackluster marks in terms of blocking (-12 Blocks Above Average) and pitch framing (-5 Framing Runs). Meanwhile, McCann has been a below average hitter overall with the bat, but that still made him a roughly average offensive backup catcher overall as he hit .228/.274/.382 (83 wRC+) in 459 total trips to the plate over the past two years, including an 89 wRC+ in 2024.

While that production shouldn’t be especially difficult to replace for the Orioles, it’s nonetheless worth noting that the club plans to pursue an external addition at the position. With Rutschman locked in as the club’s starting catcher for the foreseeable future and top prospect Samuel Basallo already at the Triple-A level, it wouldn’t have been especially surprising if the club decided to go with some combination of Blake Hunt and Rene Pinto to back up Rutschman until Basallo is ready to debut. Given Elias’s comments, however, it seems the club will at least explore adding another veteran catcher to the mix to pair with Rutschman.

Whether that veteran catcher will wind up being McCann or not is unclear. Rich Dubroff of Baltimore Baseball suggested earlier today that McCann may be searching for a multi-year deal in free agency this winter given the thin market for catchers, and went on to note that a deal of that magnitude could make the Orioles “uncomfortable.” Given the presence of Basallo, it would be understandable if the club preferred to limit any commitment to a veteran catcher to just one guaranteed year. If McCann proves to be out of the club’s comfort zone or they simply opt to go in a different direction, there’s a number of other options who could be available on a one-year pact this winter such as Gary Sanchez, Elias Diaz, and Reese McGuire.

Padres To Select Elias Diaz

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The Padres are set to select the contract of catcher Elias Diaz tomorrow, according to a report from Kevin Acee of the San Diego Union-Tribune. Acee writes that Diaz will take the active roster spot created for a position player by tomorrow’s roster expansion, while left-hander Wandy Peralta will be activated from the 15-day Injured List to take the spot created for a pitcher. Lefty Tom Cosgrove will also be recalled from the minor leagues, though a corresponding move will be necessary to add him to the active roster. A corresponding move to make room on the 40-man roster will be necessary to accommodate Diaz.

Diaz, 33, joined the Padres on a minor league deal earlier this week after being released by the Rockies earlier this month. That release brought to an end a five-season stretch in Colorado that saw Diaz slash a solid .253/.305/.403 in 462 games with the club. That slash line was good for a wRC+ of just 80 due to the inflated offensive environment at Coors Field, but even that diminished figure is still well within the acceptable range for a glove-first catcher. Diaz proved to be a solid if unspectacular regular for the club behind the plate, even earning an All-Star appearance last year.

After a solid start to the 2024 campaign, the Rockies reportedly entertained trade offers for Diaz’s services, but the club’s plans to deal the veteran in his final year before free agency were thrown off course when he suffered a calf strain that caused him to miss three weeks in June. After returning, Diaz’s offense took a nosedive with a .194/.239/.239 slash line in 18 games in the run-up to the deadline. That seemingly scared off suitors to the point where the Rockies weren’t able to get a deal done, and it left them to try placing Diaz on waivers in mid-August in an attempt to find a suitor willing to absorb what remained of his salary. His offensive production had only improved marginally when the calendar flipped to August, however, and the club eventually released Diaz to allow him the opportunity to try and catch on with a contender elsewhere.

He’s now done just that with the Padres, and will have the opportunity to share catching duties with the club’s existing tandem of Luis Campusano and Kyle Higashioka down the stretch. Higashioka is in the midst of a career year at the plate with an excellent .230/.276/.520 slash line and 16 homers in just 215 trips to the plate, while Campusano has endured a bit of a down season with a slash line of just .233/.283/.372 in 87 games. Diaz should offer the club a solid defensive option behind the plate who, if he can regain his early season form, could offer an on-base ability that both of their current catchers lack.

As for Peralta, the veteran lefty has pitched to somewhat middling results in the first year of a complex four-year deal he signed with the Padres this winter. In 34 innings, the 32-year-old hurler has posted a 4.50 ERA despite a 5.70 FIP and a strikeout rate of just 13.6%. He’ll join fellow lefties Tanner Scott, Yuki Matsui, and Adrian Morejon in the club’s bullpen down the stretch, where the club will surely hope for Peralta to recapture the form that allowed him to post a 3.01 ERA in 200 appearances with the Giants and Yankees over the past four seasons.

Padres, Elias Diaz Agree To Minor League Deal

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The Padres are signing catcher Elias Díaz to a minor league contract, tweets Daniel Álvarez-Montes of El Extrabase. Venezuelan reporter Rafael Petit was first to report (on X) that Díaz and the Padres had come to an agreement.

Díaz has been a free agent since he was released by the Rockies on August 16. He reportedly declined to pursue an opportunity with the Giants because San Francisco wasn’t willing to guarantee he’d remain on the MLB roster after starter Patrick Bailey returned from injury. Díaz won’t immediately jump onto the big league club with San Diego, though a minor league deal now is arguably preferable to a brief major league stint in San Francisco with the possibility of being released in September.

The timing of the signing makes no financial difference for the veteran catcher. Díaz is still guaranteed the entirety of his $6MM salary from Colorado. If San Diego calls him up at any point, they’d pay him the prorated $740K league minimum (which would drop off the Rockies’ books). Díaz has more than six years of MLB service and will return to free agency at the end of the season regardless. His primary goal with this deal is finding a potential path to a playoff roster.

San Diego is eight games ahead of the Giants in the standings, so they’re obviously much more likely to make the postseason. A player only needs to be in an organization — not on the 40-man roster — by the start of September to be eligible for the playoffs. MLB can and frequently does grant permission for players on minor league deals to participate in the postseason as substitutes for injured players. Díaz would be eligible for postseason play with the Friars even if they don’t add him to the MLB roster within the next five days. Had he signed with San Francisco and been released in early September as the corresponding move for Bailey’s return, that would’ve officially precluded him from participating in the postseason.

The Padres have three catchers on the 40-man roster: Luis Campusano, Kyle Higashioka and Brett Sullivan. Aside from Campusano’s two-week injured list stint shortly before the All-Star Break, he and Higashioka have handled the catching work. Higashioka came over from the Yankees as an ancillary piece in the Juan Soto return. The Padres expected him to back up Campusano, but he has actually been the far more productive player. Higashioka has drilled a career-high 15 home runs in 204 plate appearances. While he’s not getting on base consistently, the power and steady defensive work have made him one of the more productive backup catchers in the league.

Campusano, by contrast, has a subpar .231/.274/.373 batting line and well below-average marks for his glovework. He still has an option remaining, so the Padres could send him down without putting him on waivers. It’s also possible they carry three catchers once active rosters expand to 28 in September.

Díaz was hitting .270/.315/.378 through 327 plate appearances before Colorado released him to get their first look at prospect Drew Romo. Much of that production was driven by an elevated batting average on balls in play at Coors Field. Díaz has solid contact skills and hit 14 homers as recently as last season (not including the All-Star Game homer that earned him the game’s MVP honors). He does a strong job controlling the running game and has improved his pitch framing grades this year.

Giants Sign Andrew Knapp To Major League Deal

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The Giants signed catcher Andrew Knapp to a major league contract. Andrew Baggarly of the Athletic first observed (on X) that the switch-hitting backstop was in tonight’s starting lineup. San Francisco designated Jakson Reetz for assignment to create a 40-man opening. Knapp, an Apex Baseball client, reaches the majors for the first time this season.

Knapp had been in Triple-A with the Rangers. He signed an offseason minor league deal, opted out at the start of July, then returned to Texas on a new non-roster pact around the All-Star Break. The Rangers granted him his release yesterday, presumably in tandem with his agreement with San Francisco. He didn’t get a look in Texas despite a strong .294/.383/.457 slash in 345 Triple-A plate appearances.

While the Rangers haven’t gotten much production out of the catching position, Jonah Heim was an All-Star last season. Texas moved on from struggling backup Andrew Knizner when they acquired Carson Kelly at the deadline. Barring injury, Knapp probably wasn’t going to get a look there. The Giants had more room for a short-term option after losing Patrick Bailey to the injured list this week. Bailey is battling what seems to be a low-severity oblique strain.

Knapp, 32, played in three games for the Giants two seasons ago. That marked his most recent MLB action. He has spent the past couple seasons bouncing around the Triple-A level. A Berkeley product and former second-round pick by the Phillies, Knapp is a career .209/.310/.313 hitter in 873 big league plate appearances. He’ll back up Curt Casali for the time being.

It’s possible his stay on the roster will be brief. Bailey could return right around when he’s first eligible on August 29. That’d give San Francisco three catchers and presumably force them to choose between retaining Casali or Knapp as the backup.

Susan Slusser of the San Francisco Chronicle reported earlier in the week that the Giants had some interest in former All-Star Elias Díaz, whom the Rockies released a week ago. Bailey’s presumed forthcoming return apparently took that off the table. Slusser wrote this afternoon that Díaz declined to pursue the opportunity when the Giants indicated they couldn’t commit to keeping him on the roster beyond Bailey’s return date.

That’s understandable on Díaz’s part. The Rockies are on the hook for his $6MM salary while he’s a free agent. He’d need to be in an organization by September 1 to be eligible for postseason play. If he signed with the Giants for a week and was released as the corresponding move for a Bailey reinstatement on August 29, he’d have very little time to find another landing spot that could allow him to play in October. A short-term stint is much more appealing for Knapp, who had been on a minor league salary with Texas and has ties to the Bay Area.

San Francisco designates Reetz for the second time this season. He has appeared in six MLB games for them this year and played in two games with the 2021 Nationals. The former third-round pick has hit .254/.368/.431 over 58 games with Triple-A Sacramento. He’ll go on waivers in the next few days and would be able to elect free agency if he goes unclaimed.

Giants Among Teams Interested In Elias Diaz

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The Rockies cut catcher Elias Diaz loose earlier this week after he went unclaimed on waivers, and Susan Slusser of the San Francisco Chronicle reports that the Giants are among the teams with some interest now that Diaz is a free agent who could be signed for the prorated league minimum. (San Francisco also had some interest in Diaz prior to the trade deadline, per Slusser.) So long as Diaz signs on or before Aug. 31, he’d be eligible for his new club’s postseason roster.

The Giants just placed Patrick Bailey on the injured list yesterday with an oblique strain, severely compromising the team’s catching depth. San Francisco called up journeyman Jakson Reetz in a corresponding move to Bailey’s IL placement, and they’ll use Reetz as their No. 2 catcher behind backup-turned-starter Curt Casali, at least for now. Casali, 35, was a midseason signing himself and has only produced a .205/.318/.233 batting line in 86 plate appearances. The 28-year-old Reetz is just 2-for-16 in 17 MLB plate appearances and was batting .254/.368/.431 (102 wRC+) in a hitter-friendly Pacific Coast League setting prior to his recall to the big leagues.

Diaz would represent an upgrade over that tandem in virtually every capacity. While it’d be a stretch to call him even an average offensive contributor, given his lackluster power output and perennially middling on-base percentages, Diaz has solid contact skills and can typically hit for a fairly empty batting average at the very least. He batted .270/.315/.378 this year in Colorado (80 wRC+) and carries a .251/.304/.388 slash in 2010 plate appearances dating back to the 2019 season.

Defensively, Diaz has typically drawn good grades for his ability to block pitches in the dirt, and he’s regularly posted average or better numbers in terms of caught-stealing rate. He’s frequently been panned for poor pitch-framing skills, but he’s delivered a career-best performance in that regard this season and been credited with plus overall glovework as a result (5 Defensive Runs Saved and Outs Above Average alike).

Even with those defensive improvements, Diaz can’t hold a candle to the injured Bailey’s glovework — although that’s true of virtually every defender in the sport. The 25-year-old Bailey has quickly emerged as the sport’s premier defensive catcher — and one of its premier defenders at any position — drawing the best framing marks of anyone in MLB and thwarting a hefty 30% of stolen-base attempts against him since his big league debut. Drilling down further, Bailey is the best in the sport in Statcast’s “caught stealing above average” metric, which contextualizes stolen base attempts based on who’s running, who’s on the mound and what type of jump the runner gets — rather than treating them all as equal. (Throwing out Elly De La Cruz when he has an outstanding jump, after all, is far more difficult than throwing out Hunter Renfroe on the back end of a double-steal attempt.)

After a strong start to the season with the bat, Bailey’s offense has tanked in the past six weeks or so, leaving him with a .233/.299/.344 slash on the season. That might make Diaz look like an upgrade offensively at the very least, but it should be pointed out that Diaz himself has floundered in the batter’s box of late as well. A calf strain cost Diaz three weeks in June, and in the time between his return and his eventual DFA, he hit only .208/.243/.264 in 111 plate appearances.

That said, Diaz has a track record of putting the ball in play and delivering offense that, while below that of a league-average bat, is generally solid relative to fellow catchers (who tend to be below-average hitters on the whole, in large part given the physical demands of the position). And given the in-house alternatives with Bailey on the shelf, it’s fairly logical that the Giants would have interest in placing a bet on that track record as they look to stay afloat in a tightly contested chase for the final Wild Card spot in the National League. The Braves currently hold that third Wild Card spot, but they’re only 2.5 games up on the Mets and 3.5 games ahead of the Giants.

Rockies Release Elias Diaz, Promote Drew Romo

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3:10pm: The Rockies announced that Diaz has been given his unconditional release. He’s a free agent who can sign with any club at any point. Romo’s contract has indeed been selected from Triple-A Albuquerque in his place.

Colorado also reinstated left-hander Lucas Gilbreath from the 60-day injured list. A spot on the 40-man roster was already cleared by yesterday’s outright of Josh Rogers. Gilbreath has been out since undergoing Tommy John surgery in March of 2023.

1:55pm: In place of Diaz, the Rockies are expected to select the contract of catching prospect Drew Romo, reports Thomas Harding of MLB.com. He’ll presumably slot into the Rockies’ primary catching role down the stretch and audition for a potential long-term gig behind the plate in Denver.

1:45pm: The Rockies are releasing catcher Elias Diaz, whom they placed on outright waivers earlier this week, reports Daniel Alvarez Montes of El Extra Base. Once he’s cleared release waivers, he’ll be free to sign with any club. The new team would only owe Diaz the prorated league minimum for any time spent on the big league roster or injured list. The Rockies will be on the hook for the remainder of this season’s $6MM salary.

That Diaz is slated to be released is an indicator that no other club was willing to take on his remaining $1.45MM salary (plus the $50K fee for placing a waiver claim). Colorado could’ve simply kept Diaz on the roster and attempted to waive him again later this month when he was owed less money, but it seems they’ll instead part ways with the veteran backstop entirely, granting him extra time to settle in with a contending club down the stretch. Diaz had been in the final season of a three-year, $14.5MM contract with the Rockies and is a free agent at season’s end anyhow, so the move to release him appears to primarily be about affording him the ability to latch on with a contending club while also clearing time for a look at Romo.

Releasing Diaz now will naturally raise questions as to why the Rockies didn’t move Diaz for even a modest return at last month’s trade deadline. It’s a fair gripe on the surface, although it stands to reason that if Diaz went unclaimed when he’d cost other teams around $1.5MM in total, there probably wasn’t a robust trade market for him when he was owed more money and the Rockies were seeking prospect value in return.

It’s still plenty arguable that the Rox should’ve sold high on him at last year’s trade deadline or perhaps in the offseason, but the Rox instead added some modest pieces and entered this year with visions of a more competitive club than they’ve ultimately fielded.

Diaz, 33, is hitting .270/.315/.378 on the season. That’s a solid-looking line, particularly for a catcher, though metrics like wRC+ (80) and OPS+ (88) feel he’s been below-average at the plate after adjusting for the Rockies’ hitter-friendly home environment. Either of those marks is passable for a backstop with solid defensive grades, however, and Diaz is just that. He’s delivered markedly improved framing grades in 2024 and been credited with plus marks in Defensive Runs Saved (5) and Outs Above Average (5).

Diaz has never been a plus hitter outside of a strong 2018 showing with the Pirates, but he owns a .254/.306/.406 line over the past four seasons, during which he’s averaged 17 homers per 162 games played. He’s not an elite catcher but is a serviceable option who’s had his share of big league success and experience. At the very least, he’s an upgrade over the backup option for many postseason hopefuls. And as long as he signs with a new club on or before Aug. 31, he’ll be eligible for his new team’s postseason roster.

As for the 22-year-old Romo, he was the No. 35 overall pick by the Rockies back in 2020 and ranked among the game’s top-100 prospects as recently as the 2022-23 offseason. He’s considered to be a glove-first catcher but has shown more offense in the upper minors across the past two seasons, including a quality .297/.339/.499 batting line in a very hitter-friendly Albuquerque setting this season (103 wRC+).

Scouting reports at FanGraphs, Baseball America and other outlets praise the switch-hitting Romo as a plus defender with a plus arm but well below-average power. FanGraphs’ Eric Longenhagen noted that Romo had some uncharacteristic throwing issues last year (19% caught-stealing rate), but he’s bounced back in a big way with a heartier 29% rate in 2024.

With Diaz released and fellow backstop Jacob Stallings also playing on an expiring contract, Romo ought to be given a full run as the team’s starting catcher. Colorado doesn’t have any other near-ready catching prospects — Hunter Goodman can catch some, but they’ve used him more in the outfield — and certainly doesn’t have another one with Romo’s defensive chops.

Romo and Goodman could potentially shoulder the workload behind the plate down the stretch, depending on what comes of Stallings, who’s hitting .266/.367/.457 in 216 plate appearances while playing on a one-year, $2MM contract. Speculatively speaking, if the Rox are comfortable with Goodman collecting more playing time behind the plate, they could make a similar move with Stallings to the one they’ve made with Diaz.

Rockies Place Elias Diaz On Waivers

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The Rockies placed veteran catcher Elias Díaz on waivers this afternoon, reports Ken Rosenthal of the Athletic. The process will be resolved on Friday. Díaz is eligible to play while he’s on waivers, though that’s immaterial with Colorado having an off day tomorrow.

It’s possible but by no means guaranteed that this marks the end of his four-plus year stint in Denver. Waivers are irrevocable, so the Rockies cannot retract the placement if another team makes a claim. If he goes unclaimed, the Rox could simply retain him on the MLB roster for the last six weeks of the season.

Colorado reportedly expressed openness to moving Díaz before the trade deadline. The New York Post’s Jon Heyman wrote at the time that the Rox weren’t planning to explore another extension with the impending free agent. Since the Rox are out of playoff contention, there was little reason for them not to try to get some kind of young talent in return. Rosenthal writes that the Rockies didn’t find any team with significant interest in a trade, though, and Colorado ultimately held him past the deadline.

There’s no longer any chance for the Rockies to get anything in return for Díaz. MLB did away with the old August revocable waiver trade system back in 2019. Any player who has been on a 40-man roster during the season cannot be traded after the deadline. The only benefit to Colorado in placing Díaz on waivers is possible cost savings.

The 33-year-old catcher is playing this year on a $6MM salary. There’ll be a little over $1.4MM to be paid out between Friday and the end of the season. A claiming team would take that entire sum off Colorado’s books. Teams cannot negotiate with the Rockies to pay down a portion of the remaining money. A waiver acquisition is an all or nothing move. Díaz would be eligible for postseason play if another club put in a claim since he’d be in their organization before the start of September.

Díaz had the best season of his career in 2023. He connected on 14 homers with a .267/.316/.409 slash line over a career-high 526 plate appearances. Díaz popped another home run in the All-Star Game and collected the Midsummer Classic’s MVP award. His offensive production has taken a step back this season, as he’s hitting .270/.315/.378 over 84 contests. That’s still reasonable production for a #2 catcher, and Díaz has had a strong year defensively. He has cut down nearly 28% of stolen base attempts and has slightly above-average pitch framing grades from Statcast.

Clubs tend to be reluctant to acquire catchers midseason — Danny Jansen and Carson Kelly were the only backstops traded at the deadline — because of the challenge of quickly learning a new pitching staff’s strengths and weaknesses. Still, Díaz’s production this season would be an upgrade on what some teams have gotten out of their backup options.

Waiver priority is inverse order of the standings without regard to American or National League. The White Sox have the top priority, followed by the Marlins. Neither team is going to put in a claim, since there’s no incentive for them to take on the salary of an impending free agent.

The Cubs, who are 5.5 games out of the final Wild Card spot in the NL, are relying on a catching tandem of Miguel Amaya and Christian Bethancourt. Public estimates have them right on the border of the luxury tax threshold, though, and it’s hard to believe they’d claim Díaz for a very long shot playoff push if doing so moved them past that line. The Rays have fallen 6.5 back of a Wild Card spot and might not consider a claim worthwhile. The Mariners, Padres and Diamondbacks are a little further down the waiver order but could be potential fits.

A claim would allow Díaz to participate in a playoff race while shaving a bit of money from Colorado’s books. It’d presumably set the stage for the Rox to take their first look at prospect Drew Romo, whom they view as the catcher of the future. They’ll need to add Romo to the 40-man roster to keep him out of the Rule 5 draft by next offseason. The 35th overall pick in the 2020 draft, Romo is hitting .297/.339/.499 this year with Triple-A Albuquerque.

Rockies Listening To Trade Offers On Elias Diaz

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The Rockies will consider trade offers on catcher Elias Díaz over the next few weeks, writes Jon Heyman of the New York Post. The veteran should slot in behind Danny Jansen as a rental target for contenders seeking catching help.

Impending free agents on last-place teams are frequently trade candidates. Díaz fits the bill, but the Rockies haven’t always been eager to trade rentals even after falling out of contention. Colorado held Trevor Story and Jon Gray at the deadline three years ago. They extended Daniel Bard rather than trading him at the 2022 deadline. The Rox were more aggressive in moving rentals last year, although they still held onto lefty reliever Brent Suter only to watch him walk in free agency.

It’s less likely they’ll do so with Díaz. Heyman reports that the team declined to engage in extension discussions with the 33-year-old catcher. If Colorado isn’t interested in keeping him beyond this season, they’re better off taking the best offer on the table by July 30. Díaz isn’t a qualifying offer candidate, so they wouldn’t get any compensation if they let him depart via free agency.

While the return wouldn’t be huge, Díaz has probably played well enough to net Colorado a mid-level prospect or two. He has career marks in batting average (.296) and on-base percentage (.340). Díaz’s overall .296/.340/.417 batting line is around league average after accounting for Coors Field, as measured by wRC+. That’s more than adequate for a catcher.

An acquiring team probably wouldn’t expect Díaz to match that level of production down the stretch. He’s hitting .347 on balls in play, a mark he’ll have a tough time maintaining. Díaz doesn’t hit the ball especially hard and isn’t going to beat out many infield hits. There’s room for regression while remaining a passable hitter at the position. Catchers around the league are hitting .236/.300/.381 this season.

Perhaps more importantly, Díaz has dramatically improved his defensive grades. For most of his career, the Venezuela native has rated as a subpar pitch framer. That’s not the case in 2024, as Statcast has lauded his receiving skills in more than 400 innings. Díaz has always had a strong arm and been very effective at controlling the running game. He’s doing so again, cutting down 14 of 45 stolen base attempts (31.1%). That’s well better than the 22.1% league average.

Díaz is in the final season of a three-year extension that he signed during the 2021-22 offseason. He’s playing on a $6MM salary. There’s a little less than $2.6MM remaining on that tab. That’ll be down to around $2MM by the deadline. Díaz’s contract shouldn’t be too much of an impediment to a trade. Some teams are reluctant to trade for catchers midseason because of the challenges of quickly adjusting to a new pitching staff, but Díaz could work as part of a timeshare with an in-house catcher.

The Cubs and Rays are fringe contenders but could look for catching help if they stick in the playoff mix. Díaz’s former team in Pittsburgh hasn’t gotten much from the position, while the Mariners may look for a better backup behind Cal Raleigh to keep Mitch Garver working primarily at designated hitter.

Díaz and Jacob Stallings are the only true catchers on Colorado’s 40-man roster (though Hunter Goodman can play there in a pinch). They’re each impending free agents, and Stallings has also played well enough to be viable trade candidate.

A trade of one or both veterans could open some late-season reps for Drew Romo. The 35th overall pick in the 2020 draft, Romo is hitting .300/.331/.494 in 66 games with Albuquerque. Colorado will need to select his contract by November to keep him out of the Rule 5 draft. They could take the final few weeks of the regular season to give the 22-year-old his first look against MLB arms.

Rockies Designate Elehuris Montero, Reinstate Elias Diaz From 10-Day IL

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The Rockies announced that first baseman Elehuris Montero has been designated for assignment.  The move opens space for the return of catcher Elias Diaz, who has been activated from the 10-day injured list after missing just short of three weeks due to a strained left calf.

Montero was one of five players Colorado obtained from the Cardinals in the Nolan Arenado trade in February 2021, and was arguably the highest-profile name of the group, considering how Montero drew some top-100 prospect buzz from Baseball America prior to the 2019 season.  His star has already started to dim after a lackluster showing at Double-A ball in 2019, and he missed a year of development when the pandemic shut down the 2020 minor league season, yet Montero emerged from that hiatus with a big performance at Triple-A Albuquerque in 2021.

More minor league success in 2022 paved the way for Montero’s MLB debut that season, but the production simply hasn’t come over Montero’s three seasons in Colorado.  After hitting .239/.283/.428 over 492 plate appearances in 2022-23, Montero’s numbers have cratered even further this year, as he has only a .206/.268/.305 slash line in 246 PA.  Among all players with at least 240 plate appearances in 2024, Montero ranks last in all of baseball in both wRC+ (48) and fWAR (-1.8).

Even though the Montero has improved his walk rate and drastically cut back on the strikeouts that plagued him over his first two big league seasons, he is still making contact at a below-average rate.  Montero also doesn’t provide much value on the basepaths or in the field, as his glovework has been subpar as both a third baseman and first baseman.

Kris Bryant’s injuries opened the door for Montero to receive pretty regular playing time at first base this season, but this might have essentially served as his last chance to prove himself as a part of the Rockies’ future.  Michael Toglia has already seemingly moved into the starting first base job, and with Charlie Blackmon and now Diaz both back from the IL, the roster was getting too crowded for the Rox to keep giving at-bats to a player going through such extreme struggles as Montero.

Since Montero is out of minor league options, however, a new team would have to either give Montero playing time at the big league level, or else DFA him again in order to potentially send him to Triple-A.  If Montero clears waivers, the Rockies might part ways entirely with a release, or option him to Triple-A after outrighting him off the 40-man roster.

Diaz was hitting .303/.352/.439 with five home runs in 216 PA at the time of his injury, and it is good news that the catcher is able to return in relatively short order.  Since Diaz is a free agent after the season, he stands out as a logical candidate to be moved at the trade deadline, though the Rox could have designs on trying to sign the catcher to another extension.

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