Latest On Yankees’ Deadline Plans
The Yankees swung a major trade earlier today when they acquired second baseman and center fielder Jazz Chisholm Jr. from the Marlins in exchange for a three-prospect package. The addition of Chisholm helps to address an offense that has struggled to produce when anyone other than Juan Soto or Aaron Judge is at the plate, but Joel Sherman of the New York Post wrote in the aftermath of the Chisholm trade this evening that the club plans to continue being aggressive on the trade market as they look to return to the postseason after missing for the first time since 2016 last year.
According to Sherman, the Yankees’ ideal deadline involves acquiring at least two hitters and two relievers. The addition of Chisholm locks up one of those hitting additions, although there’s still plenty of room for improvement around New York’s lineup. Ben Rice has held his own at first base in place of the injured Anthony Rizzo, and Anthony Volpe appears certain to continue getting everyday reps at shortstop, but third base appears to be a clear hole for the club. SNY’s Andy Martino reported earlier today that the Yankees were planning to address the hot corner before the trade deadline. While it’s theoretically possible to imagine Chisholm, a former shortstop with enough arm to handle center field, sliding over to third base for the Yankees, he’s never played the position before as a professional and the club may prefer to keep him in more familiar spots on the diamond for the time being.
If the Yankees do pursue an addition at third base, Sherman suggests that Isaac Paredes of the Rays, Luis Rengifo of the Angels, and Matt Chapman of the Giants could be among the options the club entertains. Chapman’s 111 wRC+ is the lowest of those three options but any of them would be a major upgrade over the paltry 75 wRC+ the club has gotten from its third baseman this year, a figure that ranks third worst in baseball this year. A deal for a third baseman, according to Sherman, could free up the Yankees to move another bat such as second baseman Gleyber Torres or center fielder Trent Grisham in a deal for bullpen help, though it also stands to reason that Chisholm could bounce between the keystone and the outfield depending on matchups, allowing the club to sit struggling lefties like Verdugo and Grisham against southpaws while giving players like Torres and LeMahieu more days off against right-handed starters.
As for the bullpen, the Yankees are known to have interest in Marlins southpaw Tanner Scott, and today’s deal between the sides for Chisholm does not figure to stop the clubs from getting together on another deal before the deadline should they be able to reach in agreement regarding the lefty. That being said, there are plenty of other late-inning relief options that figure to be available this summer. Nationals closer Kyle Finnegan and Rays closer Pete Fairbanks are both among the arms with closing experience rumored to be available. NJ.com’s Randy Miller reported earlier today that the Rays and Yankees were in the midst of “serious talks” regarding a Fairbanks deal, though MLB.com’s Bryan Hoch subsequently reported that nothing is close between the sides regarding Fairbanks.
Failing a reliable late-inning option, there figure to be plenty of other potentially interesting options available such White Sox flamethrower Michael Kopech, Cubs veteran Hector Neris, and Blue Jays righty Trevor Richards. Each of that trio have struggled to varying degrees this year but could be a fairly interesting addition for the Yankees bullpen, particularly if acquired as a secondary addition behind a more impactful arm like Fairbanks, Scott, or Finnegan.
Another possibility for bolstering the club’s relief corps Sherman suggests would be looking at the market for rental starting pitching. As reported by Sherman, the Yankees have inquired after Tigers right-hander Jack Flaherty, who sports an excellent 2.95 ERA and 3.10 FIP in 106 2/3 innings of work for Detroit this year, Sherman suggests that such a move could allow the Yankees to move right-hander Luis Gil to the bullpen as a high leverage arm. Such a move would both fortify the relief corps while also helping to limit Gil’s innings. The righty has already thrown 107 1/3 frames this year after throwing just 138 1/3 total innings between 2021 and 2023 due to a variety of injuries.
The idea of preserving Gil’s health by moving him to the bullpen might be an attractive one for New York, although it’s worth noting that it would require a starter of Flaherty’s caliber for the loss of Gil from the rotation mix not to be a downgrade overall. Gil’s first big league action since 2022 has gone exceptionally well as he’s posted a 3.10 ERA with a 3.52 FIP across 20 starts for the Yankees this year while filling out the club’s rotation in the place of injured starters—first Gerrit Cole, then Clarke Schmidt.
AL East Notes: Martin, Torres, Garcia
The Red Sox placed Chris Martin on the 15-day injured list yesterday (retroactive to July 4) and called up left-hander Cam Booser from Triple-A to fill Martin’s spot in the bullpen. Martin is suffering from right elbow inflammation, and manager Alex Cora told the Boston Globe’s Julian McWilliams and other reporters that there isn’t yet any plan for Martin to undergo any testing. The hope is that the 15-day rest (which encompasses the All-Star break) is all it takes for Martin to feel better and return to the mound.
This is the second time Martin has been on the IL this week, as he also missed two weeks in June dealing with anxiety. Over 26 1/3 innings this season, the right-hander has a strong 27.9% strikeout rate and an elite 1.9% walk rate, while posting an 3.42 ERA that has been inflated by some troubles with home runs. Martin’s SIERA is 2.44, by comparison, and his .313 BABIP reflects a bit of bad batted-ball luck. Despite the time spent on the injured list, Martin still leads the Red Sox with 10 holds and is the club’s top set-up option for closer Kenley Jansen.
More from around the AL East…
- Gleyber Torres continues to be bothered by a nagging groin injury, as the issue forced the Yankees second baseman to make an early exit from yesterday’s 5-3 loss to the Red Sox. Torres isn’t in today’s lineup, as it appears New York is giving him at least one day of rest — considering how Monday is an off-day for the Yankees, it seems conceivable that Torres also might not play Sunday in order to receive a more extended break. The groin problem is the latest wrinkle in what has been a rough season for Torres, who is hitting only .223/.297/.344 with eight home runs in 355 plate appearances.
- Blue Jays reliever Yimi Garcia will begin a rehab assignment with Triple-A Buffalo today, and Sportsnet’s Arden Zwelling (X link) writes that Garcia might just need one appearance before rejoining Toronto’s active roster. Even if Garcia does get a second outing on Tuesday, it looks like the right-hander should be on pace to be activated from the 15-day IL before the All-Star break. Garcia has been on the IL since June 17 due to ulnar neuritis in his throwing elbow, and a healthy return would be huge both for the Jays’ struggling bullpen, and for Garcia’s value heading into the July 30 trade deadline. With the Blue Jays increasingly looking like sellers, a pending free agent like Garcia is a natural candidate to be moved before the deadline.
Gleyber Torres’ Early-Season Power Drought
The 2024 season is a pivotal one for Gleyber Torres. The longtime Yankee second baseman will almost certainly head to free agency in November. Torres has publicly angled for an extension on multiple occasions in recent years, but there hasn’t been any indication the team wanted to strike early to keep him beyond this season.
Torres projects as one of the more interesting mid-level hitters in next winter’s class. He isn’t doing himself any favors with his early-season performance, though. Torres is out to a .208/.289/.273 start through 174 plate appearances. He didn’t hit his first home run of the season until May 2 and hasn’t collected multiple hits in a game since April 29. His overall production has hovered around replacement level.
It’s a surprisingly poor start for a player who has emerged as one of New York’s more consistent offensive contributors. Torres was a decidedly above-average hitter, by measure of wRC+, in four of his first six MLB seasons. Last year was among the best of his career. He connected on 25 homers with a .273/.347/.453 slash over a personal-high 672 trips to the plate.
Torres didn’t have the gaudy slugging numbers he posted back in 2019, when he popped a career-best 38 longballs in the so-called “juiced ball” season. Yet he cut his strikeout rate to a personal-low 14.6% mark and posted the highest on-base percentage in any full season of his career. There’s an argument the 2023 season was Torres’ best after accounting for the significantly depressed offensive environment compared to ’19.
While there are a few months to turn things around, he’s amidst a rough opening to his walk year. Torres’ triple slash stats are all easily at personal lows. His rate of hard contact (a batted ball with an exit velocity of 95 MPH or greater) has dropped 10 percentage points relative to last season. After squaring up a solid 40.3% of batted balls a year ago, he’s down to 30.4% thus far. That ranks 228th among 264 qualified hitters, per Statcast.
Torres is not only making decidedly less impactful contact, he’s making less contact of any kind. His strikeout rate has jumped to 23.6%, which would be the highest since his rookie season. He’s swinging through more pitches both within and outside the strike zone. It’s not disastrous — Torres’ strikeout and walk marks are right around league average — but it’s a major step back from where he was last season.
This isn’t quite the worst stretch of Torres’ career. He had a slightly worse month and a half coming out of the All-Star Break back in 2022. Torres rebounded with a power explosion that September that presaged his strong ’23 campaign. It’s certainly not out of the question that he puts this recent slump behind him.
League-wide power numbers tend to improve in the summer as the weather warms. That has typically been the case for Torres, who has a career .369 slugging percentage in March and April and has been north of .400 in every other month. It’s not uncommon for him to take some time to find his power, although that doesn’t typically come with the kind of swing-and-miss he has shown this year.
It’s imperative he put things together fairly quickly if he’s going to land the kind of contract his camp presumably envisioned coming into the season. Torres’ profile is driven by his offensive ability. While there’s value in being able to play up the middle, he’s a fringy defender at second base. It’s not likely that teams would consider moving him back to shortstop, where he had well below-average grades and hasn’t played regularly since 2021.
Torres was already looking to buck an unfavorable market trend towards second basemen. As shown on the MLBTR Contract Tracker, there are only a handful of recent free agent deals for second basemen that exceeded $50MM. Marcus Semien’s seven-year, $175MM pact stands as an anomaly that Torres was never going to match — and Semien had a plausible argument as a potential shortstop before the Rangers signed Corey Seager a few days later. Mike Moustakas (four years, $64MM) and DJ LeMahieu (six years, $90MM) are more realistic comparison points, though those players could also play third base.
Teams have generally been more willing to invest in second basemen via extensions (e.g. Jose Altuve, Andrés Giménez, Ketel Marte, Jake Cronenworth, Jeff McNeil) than on the open market. That doesn’t seem likely to happen with the Yankees, who could be content to turn the position to Oswald Peraza after this season.
Torres’ biggest selling point once he gets to the open market is his youth. He’ll play all of next season at 28. It’s likely his camp would try to push for a deal in the range Andrew Benintendi received at the same age (five years, $75MM). That contract has aged very poorly for the White Sox, but he’d been a similar caliber of hitter as Torres leading up to his signing. Benintendi was a Gold Glove winner who plays a less important position.
However, the market for mid-tier hitters last offseason wasn’t as robust as it had been in the previous winter (when Benintendi signed). Jeimer Candelario and Lourdes Gurriel Jr. each landed three-year guarantees in the $14-15MM annual range. As with Torres, they’d generally been good but not elite hitters who weren’t offering immense defensive value. Neither Candelario nor Gurriel was eligible for a qualifying offer. If Torres turns things around, he could receive one from the Yankees.
Torres will need to start hitting soon for that to be a factor. He has already played his way out of the leadoff spot to the bottom half of the order. It’s too early for Aaron Boone to consider pulling him from the lineup entirely, but the Yankees should be locked in a tight race with the Orioles throughout the summer. They can’t afford to live with no production from second base all season, and Peraza is on a rehab stint from a Spring Training shoulder strain. How Torres performs over the next two months will be a key factor in both New York’s chance of winning a tough division and his appeal to teams when he hits the market.
Image courtesy of USA Today Sports.
Brian Cashman Discusses Possible Extensions, Current Roster
Yankees general manager Brian Cashman spoke with the media this week and addressed various topics. Notably, he downplayed the possibility of an extension for either outfielder Juan Soto or infielder Gleyber Torres, both of whom are impending free agents. He also indicated it’s still possible for roster additions, with pitching a likely target area.
“The odds are this is a one-year situation,” Cashman said about Soto, per Bryan Hoch of MLB.com. “I don’t see too many things stopping him from reaching free agency.” That assessment of the situation tracks with publicly-available information, as well as logic. Soto is just 25 years old but already has six years of elite production in the major leagues. Most free agents don’t reach free agency until they are around 30 years old but Soto is on track to get there around his 26th birthday, which will be at the end of October.
Despite his youth, he’s already hit 160 home runs in 779 career games, while also drawing walks more often than he strikes out. He’s hit .284/.421/.524 overall for a wRC+ of 154 and has never posted a wRC+ lower than 143 in any individual season. That combination of youth and talent has long made it seem as though a trip to free agency would be fairly inevitable. While with the Nationals in 2022, Soto reportedly rejected a $440MM extension offer, which is what led to him being dealt to the Padres.
The Yankees sent five players to the Padres this winter to get Soto and Trent Grisham, likely knowing full well that it was probably going to be a one-year proposition, with Cashman’s comments today reflecting that. Now that Soto has moved closer to free agency, his earning power has only increased since he turned down that $440MM offer, making the odds of keeping him from the open market even lower. The Yanks will have a chance to bring him back via free agency, but they will have to compete with the other clubs around the league in what is sure to be a hotly contested market.
As for Torres, it was reported back in November that the club had not engaged Torres on any extension talks. The infielder even replied “I wish” when asked about the possibility. Cashman confirmed to Greg Joyce of The New York Post this week that the club has not had any extension talks with him. Torres has been a solid player for the Yanks, hitting 123 home runs in his 734 contests thus far. His .267/.334/.454 batting line translates to a 116 wRC+. His defense at second base has been passable at times, though it was graded poorly last year.
While he’s set to be a key piece of the 2024 club, the Yanks likely feel they can pivot to a post-Torres era fairly easily. Oswald Peraza was still considered a top 100 prospect before he exhausted his rookie status last year, but he’s blocked from his natural shortstop position by Anthony Volpe. Peraza still has one option year remaining and could perhaps take over the keystone when Torres hits free agency. They also have multi-positional guys like Oswaldo Cabrera and DJ LeMahieu who could factor in at that spot.
As for the rest of the roster, Cashman said that it’s not “pencils down,” per Brendan Kuty of The Athletic. “I guess it’s always pitching,” he added about a concerning area. The Yankees project to have a rotation of Gerrit Cole, Carlos Rodón, Marcus Stroman, Nestor Cortes and Clarke Schmidt. That’s a good rotation if healthy but that’s a big “if” as each of Rodón, Cortes and Stroman missed significant time last year. The club also subtracted from their depth when they included four possible starting pitchers in the Soto deal.
Adding to that group would be sensible but the finances may be tight. Roster Resource has the club’s competitive balance tax number at $307MM right now, well beyond the top tier of $297MM. As a third-time payor at that level, any additional spending comes with a 110% tax. Since they have five rotation spots allocated and they effectively have to pay double on any future signings, they may stick to depth signings on minor league deals, though a significant injury can always change that calculus.
Yankees, Gleyber Torres Avoid Arbitration
The Yankees and infielder Gleyber Torres have avoided arbitration, per Joel Sherman of The New York Post. The Octagon client will make $14.2MM this year in his final year of club control before reaching free agency.
Torres just turned 27 in December, so he’s on track to become a free agent at an earlier point of his career than most free agents. He put together a strong .273/.347/.453 slash in 672 trips to the plate in 2023, popping 25 home runs and connecting on 28 doubles and a pair of triples. Torres walked at a 10% clip — the highest mark of his career in a full season — and struck out at a career-low 14.6% clip. He added 13 steals in 19 tries as well. Both Defensive Runs Saved (-4) and Outs Above Average (-3) pegged him as a slightly below-average defender, but neither portrayed him as a pure liability. Torres’ well-rounded offensive output more than offset any shortcomings with the glove.
While Torres has been an oft-rumored trade candidate throughout his Yankees tenure, it seems increasingly likely that he’ll play out his final season of club control in Yankee pinstripes. He was the team’s second-best hitter behind Aaron Judge last season, and the Yanks are going all out in an effort to return to the postseason after last year’s miss — evidenced by their acquisition of Juan Soto, their aggressive (but unsuccessful) pursuit of Yoshinobu Yamamoto, and tonight’s subsequent $37MM deal with right-hander Marcus Stroman. Add in the club’s trade for division rival outfielder Alex Verdugo and the potential for some further free-agent upgrades in the bullpen, and it’s clear the Yankees are focused on putting the best possible team on the field. Torres should be a pivotal part of that.
Torres has had an up-and-down tenure in the Bronx. He’ll probably never replicate the 38-homer season he delivered in the juiced-ball campaign back in 2019, but after moving off shortstop to a second base position that suits him far better, he’s been a consistently above-average hitter. Whether that’s pure happenstance or whether the pressures of struggling at shortstop were weighing on him at the plate can never be definitively proven, but either way, Torres has hit .266/.330/.452 since his position change.
Assuming he’s able to author a third consecutive season in that general vicinity, Torres will reach free agency next year as one of the top infielders available — both based on his age and his offensive track record. He’d be a surefire candidate to receive and reject a qualifying offer, giving the Yankees the opportunity to recoup some value in the form of a 2025 draft pick (as will be the case with the aforementioned Soto). That could well be the ultimate route for Torres, too, as the Yankees could turn the second base job over to prospect Oswald Peraza in 2025, when he’ll still be just 24 years of age.
Boone: LeMahieu Will Be Yankees’ Third Baseman In 2024
As trade rumblings surrounding star Padres outfielder Juan Soto and the Yankees look to be nearing a tipping point, there’s other significant news in the Bronx as well. Manager Aaron Boone announced at the Winter Meetings this morning that veteran infielder DJ LeMahieu will line up as the team’s primary third baseman next season (link via MLB.com’s Bryan Hoch). Boone indicated yesterday that an outside acquisition at third base wasn’t likely, as the team felt covered with internal options. Today’s statement is a more forceful declaration of that likelihood.
LeMahieu, 35, is entering the fourth season of a six-year $90MM contract. He’s bounced around the diamond since originally arriving in New York in the 2018-19 offseason, spending considerable time at every infield position other than shortstop. Third base was his primary position in 2023, however, as he logged nearly 600 innings there and turned in a sound defensive effort in the eyes of Defensive Runs Saved (3), Ultimate Zone Rating (3.2) and Outs Above Average (3).
The remainder of the Yankees’ infield looks largely set. Anthony Rizzo will return to man first base, while Gleyber Torres is entering his final arbitration season and lined up as the primary second baseman. Anthony Volpe had an up-and-down rookie season at shortstop, ultimately putting together a 20-20 season with good defense but an underwhelming .209/.283/.383 batting line on the whole. Prospect Oswald Peraza gives the Yankees some additional depth at any position other than first base, but with no clear path to a starting role at present, he could open the season in a utility role, covering multiple spots on the diamond and spelling the regulars. (Peraza is out of minor league options and thus cannot be sent to Triple-A.) The versatility offered by both Peraza and LeMahieu would allow the Yankees to rather seamlessly cover an absence anywhere in the infield.
The 2023 season wasn’t LeMahieu’s best at the plate — far from it — but he still turned in a roughly average (by measure of wRC+) .243/.327/.390 batting line with 15 home runs, 22 doubles and three triples. The veteran infielder walked at a strong 10.7% clip, the second-highest mark of his career, but also fanned at a career-worst 22.2%. LeMahieu didn’t expand the zone any more than he did in seasons prior — he actually improved his chase rate from 2022 to 2023 — but his contact rate on both strikes and balls off the plate dipped.
LeMahieu entered the 2023 season with a lifetime 92.7% contact rate on swings at pitches in the zone but saw that number drop to 89.8% last year. His contact rate on the relatively rare chases off the plate was more concerning; LeMahieu entered 2023 with a career 76.1% contact rate on balls off the plate (including a nearly 80% mark from 2020-22) but made contact on just 70.2% of such offerings last year. He remained productive against fastballs (four-seamers and sinkers alike) but saw his numbers against opponents’ sliders, sweepers and cutters take a big hit. Time will tell whether that’s the beginning of a more alarming trend or simply a one-year aberration.
With regard to the remainder of the offseason, LeMahieu’s formal anointment as the Yankees’ everyday third baseman is of note. The Yankees already acquired Alex Verdugo from the archrival Red Sox and are ostensibly deep in talks for the aforementioned Soto. That would constitute a major revamp of the outfield alignment, but it seems there’ll be more continuity in the infield. Torres has been floated as a possible trade candidate at various points, and Peraza’s presence could embolden the Yankees to make some kind of move if the right opportunity presented itself. But Torres was also the team’s second-best hitter behind Judge this past season, and the Yankees would surely only swap him out if it meant acquiring immediate MLB help elsewhere (be it in the rotation, behind the plate or possibly in the ‘pen).
Yankees, Padres Reportedly Far Apart In Juan Soto Trade Talks
The Yankees are known to have interest in Padres outfielder Juan Soto but it doesn’t seem as though a trade is close to coming to fruition. Per reports from Ken Rosenthal, Dennis Lin and Brendan Kuty of The Athletic, Jon Heyman of The New York Post and Andy Martino of SNY, talks have stalled with a noticeable gap between the two clubs. Heyman says that “at least nine” clubs have checked in, while the report from The Athletic says the Blue Jays are involved.
All the reports indicate that the Padres are asking for a multi-player return, with Martino reporting that the Friars asked for Michael King, Drew Thorpe and four or five other prospects such as Randy Vásquez and Jhony Brito, as well as salary relief for Soto and Trent Grisham, who was also in the discussions. He adds that none of Jasson Dominguez, Anthony Volpe, Gleyber Torres, Austin Wells or Everson Pereira are involved. The report from The Athletic identifies Clarke Schmidt as a target.
It seems there is a disparity in how to value Soto, who is incredibly talented in a vacuum but there are other factors that could diminish his value in a trade. He only just turned 25 years old but has already played in 779 big league games with 160 home runs. He has drawn walks in 19% of his plate appearances while striking out in just 17.1% of them. He has slashed .284/.421/.524 overall for a wRC+ of 154, indicating he’s been 54% better than the league average hitter.
But he is now just one year removed from free agency, with MLBTR contributor Matt Swartz projecting an arbitration salary of $33MM next year. It is generally expected that signing him to an extension will be extremely difficult, given that he’s about to hit the open market just after his 26th birthday, a uniquely young age for a free agent. The Nationals reportedly offered him an extension of $440MM in July of last year, eventually putting him on the trading block when he rejected it. Since then, he banked $23MM in 2023 and is set to add about $33MM more next year, increasing his earning power as he has moved to free agency. That makes him seen by many in the industry as a one-year rental.
Shortly after that extension was turned down, the Nats were able to trade Soto and Josh Bell for a package of six players: C.J. Abrams, MacKenzie Gore, Robert Hassell III, James Wood, Jarlin Susana and Luke Voit. But that was when Soto still had two and a half years of control remaining. Now he is down to one year and his salary has increased to roughly market rate for a star player.
Given the changing circumstances, his trade value should be far lower now than it was when the Padres acquired him. But the Padres still seem to be asking for a significant package of players, seemingly focused on pitching. King still has two years of control whereas Vásquez and Brito each have six. Thorpe is one of the Yankees’ top pitching prospects and hasn’t reached Triple-A yet. From the perspective of the Friars, they think the Yankees are acting like the only suitors, presumably extending offers the Padres consider non-starters.
It’s possible that this is just a classic case of early negotiations, where both sides stake out extremely unreasonable positions and gradually meet in the middle. But both sides also have the option of pivoting elsewhere. The Padres seem to have many other clubs calling, while the Yanks can walk away from Soto and pursue free agents like Cody Bellinger. They are known to be looking for two outfielders, which is presumably why Grisham’s name has been brought up in talks, but the Yanks could always looks elsewhere.
As for the Jays, it’s unsurprising that they are involved. General manager Ross Atkins has admitted that the club is looking for significant upgrades to their lineup, targeting big names like Bellinger and Shohei Ohtani. Like many things this offseason, the ultimate outcome might have to wait for a decision from Ohtani. Recent reporting indicates the Jays are one of the handful of clubs still involved as Ohtani’s market whittles down. But if they end up just missing there, they could call up the Padres and try to get something done for Soto.
Some reports have suggested that the Friars could look to finish a Soto deal as soon as next week’s Winter Meetings, but it might actually be in their best interests to wait. Since nothing is close with the Yankees and the Jays are waiting on Ohtani, the Padres might get a better deal with a bit of patience. Earlier reporting has suggested the Cubs, Giants and Phillies could be involved and there are other speculative fits as well.
Despite Soto’s immense talent, he’s available in trade talks due to the budgetary concerns in San Diego. The club’s payroll for next year is currently estimates by Roster Resource to be around $189MM. Due to aggressive spending in recent years and their loss of broadcast revenue with the bankruptcy of Diamond Sports Group, they are expected to be working with a reduced payroll of around $200MM this year. That means they are almost at their limit before addressing the significant losses to their rotation. Blake Snell, Seth Lugo, Michael Wacha and Nick Martinez reached free agency at season’s end, leaving them with Joe Musgrove, Yu Darvish and plenty of uncertainty beyond those two.
It appears that president of baseball operations A.J. Preller is trying to kill two birds with one stone, moving Soto and his projected to salary to both clear out some payroll space and bring in the pitching they sorely need. Whether he can pull it off will be one of the most interesting storylines to follow in the weeks to come.
A Possible Yankees/Red Sox Trade That Makes Sense For Both Clubs
One of the big offseason questions for the Yankees is how to proceed with Gleyber Torres. The veteran second baseman is one year from free agency, projected by MLBTR contributor Matt Swartz for a $15.3MM salary in his final year of arbitration.
That’s still solid value for the team’s second-best hitter. Torres had a strong 2023 campaign, hitting .273/.347/.453 with 25 home runs across 672 plate appearances. With 23-year-old Oswald Peraza having reached the MLB level, there’s a case for the Yankees to move Torres for help elsewhere on the roster.
Chris Kirschner and Brendan Kuty of the Athletic reported on Wednesday that the Yankees had not engaged Torres’ camp on extension talks. Certainly, it’s early enough in the winter that they could still do so. Yet there hasn’t seemed much urgency on the part of the organization to keep Torres beyond his control window. During 2023 Spring Training, the infielder replied “I wish” when asked by ESPN’s Marly Rivera whether there had been any extension talks before he and the team agreed to a one-year arbitration deal.
The absence of an extension doesn’t mean the Yankees need to make a trade. They could retain Torres for a final season and potentially make him a qualifying offer next winter. Since they’re likely to exceed the luxury tax in 2024, the compensation pick would presumably fall after the fourth round if Torres declines a QO and signs with another team. New York could find a more valuable return this winter if they feel comfortable with Peraza stepping into an everyday second base role.
One potential trade partner: the archrival Red Sox. Rob Bradford of WEEI wrote yesterday that Boston identified Torres as a trade target during the 2023 season. Meanwhile, Sean McAdam of MassLive.com reports that the Yankees have shown prior interest in Boston right fielder Alex Verdugo, whom they could again pursue this offseason.
There’s merit to a potential swap involving Torres and Verdugo. Each is one year from free agency. Verdugo, as a left-handed hitting outfielder who rarely strikes out, is the type of player that Yankees GM Brian Cashman is openly targeting. The Red Sox have Jarren Duran and Masataka Yoshida alongside Verdugo as lefty-swinging outfielders. Boston’s first-year chief baseball officer Craig Breslow indicated this week they’ve already received interest in Verdugo from other teams.
Torres is the better player. Verdugo is coming off a .264/.324/.421 showing and has been a roughly league average hitter in three straight seasons. He has solid grades in right field but isn’t a fit in center. Torres has greater positional value as a middle infielder, even if he’s not a particularly strong defensive second baseman.
That makes Verdugo a little more affordable financially, however. Swartz projects him for a $9.2MM salary, roughly $6MM below the Torres estimate. The difference might not be enough for the Yankees to accept a direct one-for-one swap, but they’re close enough in trade value that it’s not hard to see the match on paper.
It should be noted that Boston’s reported interest in Torres this past season came under previous chief baseball officer Chaim Bloom. Breslow, hired three weeks ago, may have a different evaluation. With a lackluster second base group headlined by Pablo Reyes and Enmanuel Valdez, the desire for help at the position remains. Breslow indicated this week that the team could look for a second baseman, ideally one who hits from the right side. Bradford writes that some members of the Boston organization still view Torres as a good fit. With middle infield prospects Nick Yorke and Marcelo Mayer likely one season from MLB readiness, a veteran bridge at the position aligns with the organizational timeline.
The biggest obstacle may just be the acrimony between the organizations. The Red Sox and Yankees are unsurprisingly infrequent trade partners. They’ve lined up on deals just three times in the past 25 years. New York acquired minor league outfielder Greg Allen this past May. The Sox essentially “bought” prospect Frank German by taking on the Adam Ottavino contract in 2021. The teams swapped struggling veterans Stephen Drew and Kelly Johnson at the 2014 deadline.
A deal involving Verdugo and Torres (or even a trade featuring just one of the two) would be much more notable than any of those transactions. There’s an argument that each player is a better fit for the other team’s roster as currently constructed. With both clubs trying to jump from the bottom half of the AL East back to the postseason, it’s one of various paths they could consider in the weeks to come.
Cashman: Yankees Seeking Two Outfielders
Yankees general manager Brian Cashman met with reporters this afternoon at the GM Meetings. Asked about areas of the roster that need to be addressed, he forthrightly replied the club “(needs) two outfielders” (video provided by SNY).
The longtime baseball operations leader pointed to the late-season injury to rookie center fielder Jasson Dominguez, who will be out into the middle of the summer after undergoing Tommy John surgery. “Now I need a center fielder, I need a left fielder, preferably left-handed,” Cashman said.
Cashman also alluded to the possibility of making a move involving what he termed an “infield surplus.” The Yankees have Gold Glove winner Anthony Volpe at shortstop, while 23-year-old Oswald Peraza is arguably ready for an everyday look at second or third base. The former top prospect struggled to a .191/.267/.272 line in 52 MLB games this year but had a more impressive .268/.357/.479 showing in Triple-A. Combined with his reputation for plus defense throughout the infield, Peraza could take a step forward in 2024.
The Yankees have Gleyber Torres as the starting second baseman. The right-handed hitter was New York’s second-best offensive player this past season, hitting .273/.347/.453 with 25 homers. Torres hasn’t played great defense and is entering his final year of arbitration control, projected by MLBTR contributor Matt Swartz for a $15.3MM salary.
“Do you try to find a lane to get Peraza involved?” Cashman rhetorically asked. “We have Gleyber Torres in the last year of his contract. He had a hell of a year.” The GM pointed to a strong second half from DJ LeMahieu, who presumably projects as the starting third baseman.
Cashman stopped well shy of saying the Yankees would shop Torres, to be clear. Yet marketing the veteran second baseman could be a way of balancing the roster. In addition to the outfield needs, the GM pointed to an annual desire to bolster the pitching.
Owner Hal Steinbrenner also met with reporters this afternoon (relayed by Bill Ladson of MLB.com). “Everything is on the table when it comes to free agents,” he said. Steinbrenner went on to call a lack of run scoring the team’s biggest problem in 2023.
That all points to a potential run at a top-of-the-market bat, with Shohei Ohtani and Cody Bellinger leading the free agent class. Bellinger, as a left-handed hitting center fielder who dramatically cut his strikeout rate this year, would certainly fit the roster on paper. Indeed, Jon Heyman of the New York Post writes that the club is exploring the top of the offensive market — noting they’ve been in contact with Bellinger’s camp during the early stages of the offseason.
Juan Soto is the biggest subject of trade speculation this winter. It remains unclear how seriously the Padres might consider moving their star left fielder, although the Yankees would surely be in that mix if the Friars made Soto available. If they look further down on the trade front, the likes of Max Kepler or Trent Grisham could be on the block. Grisham is the superior defender, while Kepler has more offensive upside.
As things stand, New York only has Aaron Judge locked into an outfield spot. A short-term acquisition — Kepler, for instance, is one year from free agency — could allow the Yankees to preserve future flexibility if Dominguez returns in the second half. Everson Pereira is a highly-regarded talent who could play his way into the left or center field mix but hit only .151/.233/.194 in his first 27 big league contests.
AL East Notes: Ryu, Wells, Yankees
Hyun Jin Ryu isn’t ready to say goodbye to Major League Baseball. Speaking with Jeeho Yoo of Yonhap News, the 36-year-old pitcher didn’t offer much insight about his impending free agency, saying, “I don’t know what to tell you at this point. I think we’ll have to wait and see. Only time will tell.” However, while his comments weren’t very revealing, they make it sound like he isn’t planning to retire, at least without testing the waters of free agency first.
To that end, Ryu reconfirmed that when he is ready to leave MLB, he will return to the KBO to finish his career with the Hanwha Eagles. He played for the Eagles from ages 19 to 25. “I haven’t changed my mind on that,” he said. “I will absolutely make that happen.” Once again, his response implies that retirement isn’t on his mind quite yet.
Ryu signed a four-year, $80MM contract with the Blue Jays ahead of the 2020 season. The southpaw excelled during the first year of the deal, pitching to a 2.69 ERA and finishing third in voting for the AL Cy Young. He was solid but hardly ace-like the following season, posting a 4.37 ERA in 31 starts. Unfortunately, his next two campaigns were marred by injury. Ryu needed Tommy John surgery last summer, and he made just 17 starts from 2022-23. He was serviceable upon his return, rejoining the Blue Jays rotation for August and September, but his underlying numbers were worrisome (17% strikeout rate, 4.70 SIERA), and he failed to make the roster for the AL Wild Card Series.
Ryu will be 37 next season, but given his long track record of success and his dominant run from 2018-20, he should draw some interest this winter. If he doesn’t receive any offers to his liking, perhaps he’ll consider heading back to the KBO, but at least for now, it seems like he’s planning to pitch another MLB season in 2024.
In other news from the AL East…
- Tyler Wells lost his job in the Orioles’ rotation this summer. He was optioned just ahead of the trade deadline, and he transitioned to a relief role at Triple-A. About eight weeks later, the towering right-hander earned a call-up back to the big leagues, where he made four scoreless appearances out of the Orioles’ bullpen. He made three more scoreless appearances in the playoffs, taking the mound in all three of Baltimore’s ALDS games. Yet in spite of his success out of the ‘pen, the Orioles are expecting Wells to rejoin the starting rotation in 2024, according to Rich Dubroff of BaltimoreBaseball.com. In 20 starts last year, the 29-year-old pitched to a 3.98 ERA and a 4.28 SIERA. However, he looked much stronger over the first three months of the season before he ran out of gas in July. With another year of big league experience under his belt, the Orioles will hope he can stick around for a full season in the rotation.
- In the latest edition of his Yankees Beat newsletter, Bryan Hoch of MLB.com touched on the team’s surplus of options in the middle infield. He suggests the Yankees could look to trade Gleyber Torres, but the possibility of dealing Oswald Peraza is not up for discussion. Torres is a talented second baseman, but he’s a known quantity at this point, whereas Peraza has untapped potential at the plate and in the field. What’s more, the Yankees only have one year of team control remaining over Torres, while Peraza won’t even be eligible for arbitration for at least three more seasons.