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J.T. Realmuto

Injury Notes: Cain, Realmuto, Astros, Lowrie, Severino

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Lorenzo Cain recently strained his calf in batting practice and is expected to miss one or two weeks, reports Robert Murray of FanSided. The injury is believed to be “very minor,” but the Brewers will be cautious in bringing the veteran center fielder back to action. Yesterday’s agreement with Jackie Bradley Jr. gives the Brewers cover at the position if Cain winds up needing more recovery time than expected. Manager Craig Counsell reiterated (via Murray) that Cain “is our center fielder,” so it seems Bradley’s ticketed for right field on most days if everyone’s healthy.

A few more injury updates:

  • Phillies catcher J.T. Realmuto had his hard cast removed and replaced with a splint as he works his way back from a fractured right thumb, Todd Zolecki of MLB.com was among those to report. That’s a generally encouraging sign, as Zolecki notes that this had been the anticipated next step in his recovery. However, Realmuto still has not progressed to a point where he can hit or throw. It remains unclear if he’ll be ready in time for Opening Day. Something resembling a typical season from Realmuto, arguably the game’s top catcher, is no doubt a key piece of Philadelphia’s hopes of snapping a nine-year playoff drought.
  • Third baseman Alex Bregman and designated hitter Yordan Álvarez haven’t yet gotten into spring training games for the Astros, but it doesn’t seem there’s much cause for concern. Bregman “tweaked” his hamstring and is taking things slowly, notes Brian McTaggart of MLB.com. The 26-year-old would be playing through the soreness if it were the regular season, he says. Álvarez is a little further from game action, per manager Dusty Baker (via McTaggart), although that seems to be mere caution after the young slugger underwent season-ending surgery on both knees last August.
  • Jed Lowrie is seeing action in simulated games but has not yet been cleared to play in spring training games, Athletics manager Bob Melvin told reporters (including Matt Kawahara of the San Francisco Chronicle). The former All-Star second baseman is back in A’s camp as a non-roster invitee after a two-year stint with the Mets that was ruined by injuries, most recently continued trouble with his left knee. Lowrie has taken just eight MLB place appearances since leaving Oakland after a stellar 2018 season.
  • Yankees right-hander Luis Severino continues to progress “really well” from his February 2020 Tommy John surgery, general manager Brian Cashman said this afternoon (via Erik Boland of Newsday). Severino had already moved to a long toss routine and soon should be able to throw off a mound, Cashman said. One of the best pitchers in the league from 2017-18, Severino has been limited to just 12 innings over the past two seasons by injury. His return would be a boon to a New York rotation that is high on upside but has plenty of risk behind ace Gerrit Cole.

J.T. Realmuto Suffers Fractured Thumb

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The Phillies kicked off Spring Training with some brutal news for fans. Star catcher J.T. Realmuto recently sustained a small fracture in his right thumb, manager Joe Girardi announced to reporters (Twitter link via MLB.com’s Todd Zolecki). The injury occurred six days ago when catching a bullpen session, tweets Jim Salisbury of NBC Sports Philadelphia.

Realmuto’s thumb will be immobilized for the next two weeks, and while the Phils are hopeful he’ll be ready for Opening Day, there’s no guarantee that’ll be the case. It’s certainly not the way the team or Realmuto hoped to kick off his newly inked five-year, $115.5MM contract.

Realmuto will be reevaluated after that immobilization period, at which point the club will have a better timeline for his return to games. If Realmuto is forced onto the injured list to begin the season, the Phillies would likely turn to Andrew Knapp as the primary catcher in his absence. Rafael Marchan could get a look as the backup role in that scenario, given that he’s already on the 40-man roster. If not Marchan, one of Jeff Mathis or Christian Bethancourt could get the nod. Both would need to be added to the 40-man roster, however, as they’re in Spring Training as non-roster invitees at the moment.

This Date In Transactions History: Marlins-Phillies Realmuto Trade

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On February 7, 2019, the Phillies and Marlins lined up on a monumental intra-division trade. Miami sent J.T. Realmuto to Philadelphia in exchange for pitching prospects Sixto Sánchez and Will Stewart, as well as MLB catcher Jorge Alfaro. The then-rebuilding Marlins relinquished their final pair of seasons of club control over one of the game’s premier catchers in exchange for longer-term value. With Realmuto now having played out those two years in Philadelphia, it’s worth taking stock of the progress of the players involved.

To date, the trade is shaping up to be a rare win-win. Realmuto more than lived up to his end of the bargain. Since the start of 2019, the former third-rounder has hit an above-average .273/.333/.492, all while rating as a high-end pitch framer and throwing out an elite 42.9% of attempting basestealers. He and Yasmani Grandal are well clear of the rest of the field when looking at FanGraphs’ WAR leaders among catchers the past two seasons. The Phillies didn’t find much in the way of team success, but that’s not the fault of Realmuto, who has been one of the sport’s two most productive catchers since the trade.

Of course, the Phillies-Realmuto relationship didn’t end once he reached free agency. Philadelphia brought back the franchise backstop on a five-year contract last month. The Realmuto acquisition would have been a successful one for the Phils regardless of whether they managed to re-sign him; trading for Realmuto during his arbitration years is a separate decision from the one to sign him to a long-term deal in free agency. Still, the Phillies acquiring Realmuto two years ago certainly couldn’t have hurt their chances of winning the bidding for him this winter.

The Marlins’ end of the deal is a bit more uncertain (as one would expect when a team trades away an established star for a group of talented younger players) but certainly looks bright. Sánchez was seen as the prize of the package at the time of the deal, and he’s only elevated his stock since then. The young righty spent most of the 2019 season in Double-A, where he was very good, and then made his MLB debut last season.

Over his first seven starts at the big league level, Sánchez pitched to a 3.46 ERA/4.18 SIERA. His strikeout rate (20.9%) was a bit below-average, but Sánchez posted better than average marks in both walk rate (7.0%) and ground ball rate (58.0%) as a 22-year-old. It may be too early to definitively declare the flamethrower a future ace, but he’s clearly a central piece of a young rotation the Marlins hope will allow them to perennially reach the postseason, as the Fish did in 2020.

Alfaro and Stewart remain in the Miami organization, but their respective stocks have fallen since the trade. After a decent 2019 season, Alfaro struggled in 2020 and was eventually supplanted on the depth chart by Chad Wallach. Stewart, meanwhile, had a difficult 2019 season in High-A. Eligible for this offseason’s Rule 5 draft, Stewart was left off Miami’s 40-man roster but went unselected.

Even if neither of the secondary pieces in the deal become core pieces for the Marlins, the Realmuto-Sánchez central framework of the trade will be fascinating to follow. There figures to be plenty of times for broadcasters and fans to rehash the details of the blockbuster when the two square off against one another over the coming years.

Phillies Re-Sign J.T. Realmuto

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After years of anticipation, the Phillies have formally locked catcher J.T. Realmuto in as a member of their long-term core. The Phillies announced Friday that they’ve re-signed Realmuto to a five-year contract that will reportedly guarantee the CAA client $115.5MM. The contract is said to pay Realmuto $20MM for the coming season and then $23.875MM per year from 2022-25. The deal includes award bonuses, and Realmuto will earn $1MM each time he’s traded, Jon Heyman of MLB Network tweets.

The $23.1MM average annual value is the highest given to any catcher in baseball history, slightly topping the previous $23MM standard set by Joe Mauer in his eight-year, $184MM extension with the Twins back in March 2010.  Several previous reports indicated that Realmuto was looking to raise the bar on catcher salaries with his next contract, and while topping Mauer or Buster Posey in terms of pure dollars was perhaps going to be a stretch even before the COVID-19 pandemic impacted baseball’s finances, Realmuto did end up setting at least one new benchmark.

J.T. RealmutoRealmuto is now slated to remain in Philadelphia through at least the 2025 season, ending an extended negotiating process about his long-term future that seemed to begin almost as soon as the Phillies acquired him in a blockbuster trade with the Marlins in February 2019.  While the two sides had mutual interest in an extension, talks were halted last spring due to the pandemic-induced roster freeze, and then it seemed as if Realmuto seemed more open to considering other options as his free agency approached.  Since the Phils spent the early weeks of the offseason overhauling their front office and seemingly putting looking to cut spending, it increased speculation that Realmuto would be playing elsewhere in 2021.

However, the hiring of Dave Dombrowski (no stranger to big payrolls) as the team’s new president of baseball operations seemed to indicate that owner John Middleton wasn’t entirely looking to cut costs.  Most reports in recent weeks seemed to hint that the Phillies were again the favorites for Realmuto, both because the team was willing to pay up, and also perhaps because Realmuto’s market was shrinking.

The Mets made an early exit from the Realmuto hunt by signing James McCann, and other speculative candidates like the Angels (Kurt Suzuki) and Astros (Jason Castro) made lower-cost catching additions, while the Yankees seem content to stay with Gary Sanchez.  The Nationals, Blue Jays, and Braves were also reportedly interested in Realmuto, though Toronto was perhaps done with top-tier contracts after landing George Springer, and Washington has seemingly opted on a strategy of spreading its money around on signings like Brad Hand and Kyle Schwarber rather than make a big splurge on a single star.

Regardless, Realmuto will now stay in a familiar and comfortable environment, and the Phillies will keep the consensus choice as the game’s best catcher.  Realmuto is a two-time All-Star and two-time Silver Slugger winner, with a .282/.336/.466 slash line and 85 home runs in 2443 plate appearances with Miami and Philadelphia since the start of the 2016 season.  The odd nature of the 2020 season didn’t slow Realmuto down at all, as he continued to produce at the plate and also posted outstanding framing numbers (as per Statcast).

While he is entering his age-30 season, Realmuto’s track record is strong enough that a five-year contract doesn’t seem like too much of a risk.  MLBTR projected Realmuto for five years and $125MM, while ranking him second on our list of the offseason’s top 50 free agents.

With Realmuto back in the fold, the question now turns to what else might be in store for Dombrowski and new general manager Sam Fuld.  As per Roster Resource, the Phillies have a projected payroll of $171.2MM for next season (not counting Realmuto’s $10MM in deferrals) and a luxury tax number just shy of $179.48MM.  It isn’t yet clear if Realmuto was the one big signing Middleton was willing to stretch the budget to land, or if Philadelphia still has room for another notable acquisition — perhaps a reunion with Didi Gregorius, or another arm for the rotation or bullpen.

Craig Mish of SportsGrid first reported the agreement and the terms of the contract (Twitter link). USA Today’s Bob Nightengale, The Athletic’s Matt Gelb and The Athletic’s Jayson Stark all added some further financial details (all Twitter links).

Photo courtesy of USA Today Sports Images.

Latest On J.T. Realmuto’s Market

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As potential suitors for J.T. Realmuto continue to dwindle, Fansided’s Robert Murray tweets that the Braves are “circling” on the free-agent catcher, adding that some clubs on the west coast also remain interested in the former All-Star.

It’s a surprise to see the Braves linked to Realmuto for a number of reasons. Atlanta already has veteran Travis d’Arnaud signed for $8MM in 2021, and he’s coming off a .273/.336/.465 showing across the past two seasons. Beyond that, Realmuto has been seeking the exact type of long-term contract that Braves general manager Alex Anthopoulos has eschewed since taking the reins in Atlanta.

The Braves waited out Dallas Keuchel’s market to get a one-year deal and opted not to come close to the Twins’ four-year offer when endeavoring to retain Josh Donaldson. They inked Cole Hamels on a one-year deal last winter rather than pursue a multi-year pact with Zack Wheeler or Madison Bumgarner. ESPN’s Buster Olney recently wrote recently that Marcell Ozuna is “highly unlikely” to return to Atlanta. Ozuna, of course, is seeking a lucrative multi-year deal himself.

This type of contract simply hasn’t been in the Braves’ playbook under the current front-office regime. Granted, it only takes one exception to change the narrative, but with recent reports that the Phillies have offered in the vicinity of $110MM over five years, a Realmuto-to-Braves deal would need to break the Braves’ short-term mold in rather dramatic fashion. It’s possible, too, that the Braves are “circling” — a decidedly nebulous term — to see if Realmuto opts to follow in Yasmani Grandal’s footsteps and take a one-year pact due to his dissatisfaction with multi-year offers. A high-priced one- or even two-year deal would absolutely be in the Braves’ wheelhouse, based on recent history. That’s also tough to envision when the Phillies have put forth a nine-figure offer, however.

Realmuto has been vocal in the past about his desire to advance the market for future catchers. It’s a large part of the reason he went to an arbitration hearing with the Phillies last year, arguing for a $12.4MM salary against the team’s $10MM filing number. The Phillies won that hearing, but Realmuto said afterward that he was “fighting for a cause and fighting for the rest of the catchers,” adding that he “takes pride” in fighting for future generations of players at his position. Those comments don’t make him sound like a catcher who is intent on taking much of a discount in any setting.

All of that is to say that if Realmuto were to take a short-term pact, the deal would likely have to represent a decisive new record for a catcher’s annual value. That sum currently belongs to Joe Mauer, who was paid an average of $23MM per year over his eight-year deal with the Twins. However, the Phillies are reportedly already offering close to that sum on a five-year term, which makes it tough to see Realmuto stepping back on a shorter-term arrangement. That’s especially true when the current offer from the Phils would set a catcher record in and of itself — the first ever nine-figure contract for a free-agent catcher. (Mauer and Buster Posey signed their nine-figure deals as extensions while still under club control.)

It also has to be noted that word of interest from the Braves only serves to benefit Realmuto’s camp if they’re yet looking to push the Phillies’ offer a bit further north. A five-year deal at $110MM would come in just shy of an AAV record for catchers, and topping that $23MM annual mark is surely something that’s still important to Realmuto.

The vague nature of the reporting in this instance does not indicate that Atlanta is comfortable doling out an uncharacteristic nine-figure pact, and there’d be a seismic difference between hoping Realmuto falls into their laps on a short-term, Grandal-esque contract and making a genuine run at top-of-the-market prices. Perhaps Anthopoulos and his staff believe Realmuto to be a difference-maker worth budging from their typical hardline stance against such contracts, but there’s no real evidence to support that thinking at this time.

If the Braves ultimately break character and sign Realmuto at a premium, pushing d’Arnaud to an $8MM backup or a trade candidate in the process, they’ll be a better team for it. But history doesn’t support them making an aggressive multi-year play, and it seems like a rather well-timed scenario to be broached as the division-rival Phillies appear to be in an increasingly favorable position to re-sign their star backstop.

Phillies Rumors: Realmuto Offer, Pitching Depth, Herrera

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The Phillies’ most recent offer to J.T. Realmuto is “believed” to be about $110MM, tweets MLB Network’s Jon Heyman. Jayson Stark of The Athletic reported last Friday that the Phils had recently put forth a new five-year offer worth “slightly” more than $100MM. It’s not clear whether that’ll get the job done, as Realmuto has reportedly been intent on setting a new record for average annual value among catchers — currently held by former Twins star Joe Mauer ($23MM).

Still, the Phillies’ chances have to be considered vastly improved from where they stood early in free agency. The Mets have inked James McCann on a surprising four-year deal, while other potential Realmuto suitors have spent heavily in other areas. Toronto agreed to a six-year deal with George Springer. The Nats have made several mid-tier additions (Josh Bell, Kyle Schwarber, Jon Lester). The Angels, too, have gone that route with Jose Quintana, Raisel Iglesias, Jose Iglesias and a new catcher of their own, Kurt Suzuki. Others could certainly enter the bidding, or one of those suitors could yet find room for Realmuto, but the Phillies have to be encouraged by how the market has panned out thus far.

A few more notes out of Philly…

  • The Phillies were in attendance yesterday when right-handers Julio Teheran and Anibal Sanchez threw for teams, Jim Salisbury of NBC Sports Philadelphia reports. Either hurler would give the Phils some needed depth at the back of the rotation, and neither would be expensive after struggling through poor 2020 seasons. President of baseball ops Dave Dombrowski yesterday suggested he’s still on the hunt for rotation depth and could find some via minor league deals with non-roster invites to Spring Training. Sanchez has revitalized his career after one non-guaranteed deal already and could be forced to do so again. Teheran, though, won’t turn 30 until next week and was a perfectly serviceable starter as recently as 2018-19. It’s at least worth noting that Dombrowski, while serving as Tigers GM, acquired Sanchez from the Marlins and re-signed him to a five-year, $80MM contract that offseason.
  • Odubel Herrera is no longer on the Phillies’ 40-man roster but remains with the organization under the five-year, $30.5MM contract he signed back in December of 2016. Herrera hasn’t played in the Majors since receiving an 85-game suspension under Major League Baseball’s domestic violence policy, though, and Dombrowski did little when speaking to reporters this week to indicate that Herrera has a chance of returning (link via Todd Zolecki of MLB.com). “We’re still in a position where we are discussing that internally,” said Dombrowski. While he noted that Herrera has gone to counseling, Dombrowski would only state that Herrera’s status is something the club will “continue to talk through from an internal perspective.” Herrera’s contract expires at season’s end.

Phillies Looking At Further Bullpen Additions

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Since Dave Dombrowski was named the Phillies’ president of baseball operations, the club has acquired Jose Alvarado from the Rays and signed former D-backs closer Archie Bradley. (Philadelphia also picked up lefty Sam Coonrod in a deal with the Giants.) At today’s press conference to introduce Bradley, Dombrowski made clear that his club is still open to further augmenting the bullpen (YouTube link).

“I think we’ve improved ourselves, but we can continue to work on improving ourselves, too,” said Dombrowski. “I think we’re open-minded to future additions as we continue to talk in this free-agent market. We’ll continue to work on it, but I do think we have significantly improved ourselves.” Neither Dombrowski nor manager Joe Girardi dubbed Bradley the team’s closer just yet, and Bradley himself enthusiastically said he’s open to pitching in any role.

Dombrowski wouldn’t delve into specifics regarding the team’s budget, but acknowledged that he has a “pulse” of where owner John Middleton is comfortable drawing the payroll line. The Phils still have room to make a few moves, per Dombrowski, who also suggested that further rotation depth would be “ideal.” Some of that depth could come in the form of non-roster invitees to Spring Training, he added.

Of course, the key factor in determining the Phillies’ budget for the upcoming season is whether the club is able to reel J.T. Realmuto back into the fold. The Phillies reportedly put forth a new five-year offer worth more than $100MM total in the past few days, and while Dombrowski unsurprisingly declined to comment on negotiations, he confirmed that the team is still hoping to keep the two-time All-Star behind the plate.

At the moment, the Phillies’ projected payroll clocks in at roughly $152MM, per Roster Resource’s Jason Martinez, with their luxury-tax obligations at a slightly heftier $157MM. That’s a ways shy of last year, when the Phils were in line to carry about a $187MM payroll prior to the prorated season — a mark that would’ve been a franchise record. That said, after a season without any gate revenue, it’s not clear how aggressively Middleton and the rest of the club’s ownership group are willing to spend.

Were the Phillies to head into the 2021 season with the current group of relievers, the newly acquired trio of Bradley, Alvarado and Coonrod would be complemented by holdover Hector Neris, swingman David Hale and likely some youngsters from the group of Connor Brogdon, Ranger Suarez, Cole Irvin and Ian Hamilton. (Brogdon, specifically, was mentioned during today’s press conference.) Certainly, there’s room for more veteran help to be brought in — be it on a guaranteed deal or, as Dombrowski alluded to when discussing the rotation, on a non-roster pact.

More broadly, Dombrowski rejected the manner in which some have characterized the 2021 season as a transitional year for his club. The Phillies simply have “too many good players … to be thinking about transitioning,” said Dombrowski, adding that the team’s focus is solely on competing for a playoff berth. The veteran front office exec acknowledged that the Phils won’t be perceived as the favorites but mentioned on multiple occasions that there are still about four weeks until camp opens, while also pointing to the increased frequency of free agents signing after Spring Training begins.

Latest On J.T. Realmuto, George Springer

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The Phillies have made a five-year offer worth “slightly” more than $100MM to free-agent catcher J.T. Realmuto, according to Jayson Stark of The Athletic. It’s the second such offer the team has made to Realmuto since last spring, per USA Today’s Bob Nightengale, who adds that there’s “a groundswell of optimism” that Philadelphia will re-sign the two-time All-Star.

The 29-year-old Realmuto spent the previous two seasons in Philadelphia, where the ex-Marlin continued his run as the majors’ premier catcher. Realmuto made it known during those two years that he wanted to remain a Phillie for the long haul, so it’s unsurprising that the team is putting forth a serious effort to keep him. The Phillies have “begun to position themselves as the favorite” in the Realmuto derby, Stark writes, in part because other potential suitors seem to be fading away.

The Mets, who looked like one of the front-runners to get Realmuto when the offseason started, signed James McCann instead. The Yankees probably aren’t in the mix after agreeing to re-sign second baseman DJ LeMahieu for $90MM and retaining catcher Gary Sanchez. The Angels may not be involved after agreeing to sign veteran backstop Kurt Suzuki on Friday, while Stark notes that the Rangers “seem unlikely” to dole out a nine-figure contract at this juncture. The Astros look like a fit for Realmuto, but as a qualifying offer recipient, signing Realmuto would require giving up draft picks, and they’re reportedly hesitant to do that. The Nationals have shown interest in Realmuto, though it’s unknown whether they’re willing to hand out $100MM-plus in this case.

The Realmuto sweepstakes may ultimately come down to the Phillies and the Blue Jays, who have been in on seemingly every star player this winter. However, per Stark and Jon Heyman of MLB Network, Toronto’s main focus appears to be free-agent outfielder George Springer. The Jays regard center field as a bigger need than catcher, which is why they’re making a greater push for Springer.

Latest On Phillies’ Free Agent Targets

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The hiring of Dave Dombrowski as the Phillies’ new president of baseball operations brought renewed hope that the team could re-sign J.T. Realmuto, though the Phils still hadn’t made an official offer to Realmuto as of late December.  “The Phillies continue to be engaged” in discussions with Realmuto and his representatives, NBC Sports Philadelphia’s Jim Salisbury writes, but the team is also doing the same with another of its high-profile free agents — shortstop Didi Gregorius.

There hasn’t been much in the way of news about Gregorius this offseason, despite a solid 2020 season that saw him hit .284/.339/.488 with 10 homers over 237 PA for Philadelphia.  After accepting a one-year contract with the Phillies last winter in order to rebuild his value after an injury-shortened 2019 campaign, Gregorius’ seemingly successful plan ran into a pair of roadblocks — the COVID-19 pandemic’s impact on teams’ spending habits, and a very deep shortstop market.  Not only are such names as Marcus Semien and Andrelton Simmons still available on the open market, a number of prominent shortstops have been rumored to be trade chips, with two such players (Francisco Lindor to the Mets, Jose Iglesias to the Angels) addressing the shortstop needs of two would-be suitors for Gregorius and company.

The door therefore still seems open for a reunion between Gregorius and the Phillies, though it still remains to be seen how much the club is willing to spend this offseason.  Salisbury raises the possibility that both Realmuto and Gregorius could be re-signed, which would run counter to the early-offseason narrative that the Phillies would be hampered by revenue losses, but it’s probably safe to assume that Dombrowski wouldn’t have taken the job without some assurance that he would be allowed to make some higher-tier additions.

It could be that Philadelphia is first waiting to see what happens with Realmuto before turning to Gregorius as a possible backup plan.  The Phillies are technically set around the infield already, with Jean Segura slated to move back to his old shortstop position, Alec Bohm slated for third base and Scott Kingery tapped for regular second base duty.  Signing Gregorius would allow for more roster flexibility, perhaps with Kingery moving back into a super-utility role, and it would better bolster the Phillies’ hitting depth if the DH is again part of National League lineups.

Beyond the everyday lineup, the Phillies are also still looking for more bullpen help in the wake of a disastrous performance from the 2020 relief corps.  To this end, MLB.com’s Mark Feinsand (via Twitter) reports that the Phillies and Padres are interested in closer Alex Colome, joining such previously-known suitors as the Twins and Red Sox.  The Astros and Nationals were also linked to Colome earlier this winter, but the White Sox are now likely out of the running after signing Liam Hendriks.

Colome would be yet another big offseason addition for the aggressive Padres, who look to be challengers for the NL pennant but are still lacking some help at the back of the bullpen with Trevor Rosenthal and Kirby Yates both in free agency.  A proven closer like Colome would only further strengthen an already solid San Diego bullpen, but the Phillies clearly have the more glaring need for relief help.

Thus far in the offseason, the Phillies have already added Jose Alvarado, Sam Coonrod, Ian Hamilton, and (on minors deals) Neftali Feliz and Michael Ynoa as they try to figure out the state of their 2021 relief picture.  Colome would surely take over as the regular closer, moving Hector Neris and Alvarado into setup roles and reinforcing the late-game mix.

Latest On Phillies, J.T. Realmuto

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Jan. 1: NBC Sports Philadelphia’s Jim Salisbury takes a fresh look at Realmuto’s market, running through several speculative matches for him in free agency. While the Phils have yet to make an offer, Salisbury writes that given Realmuto’s “fondness” for Philadelphia, it’s likely he’d circle back and give them a chance to match or top any offers received elsewhere.

Dec. 29: The market for J.T. Realmuto has moved at a glacial pace. The lone major development came in the form of a four-year deal between Realmuto’s top alternative, James McCann, and one of his top suitors, the Mets. Beyond the Mets, Realmuto has been linked to the Blue Jays, Nationals and Angels — to varying extents.

The incumbent Phillies, of course, remain a fit. MLB Network’s Jon Heyman tweeted last night that Realmuto remains “the priority” for the Phils under new president of baseball operations Dave Dombrowski and GM Sam Fuld. However, NBC Sports Philadelphia’s John Clark reports this morning that while the Phillies have had plenty of conversations with Realmuto’s camp, a formal offer has never been put forth. That differs from reporting by Heyman and others who’ve suggested that the Phillies have a standing offer on the table.

It’s certainly possible there are some semantics at play. The Phils can make their comfort level known and indicate their breaking point without presenting an actual offer. Similarly, Realmuto’s agents at CAA can set general expectations without giving a firm number they need the Phillies (or another club) to meet. That said, it still registers as something of a surprise that, after nearly a year of conversations dating back to Spring Training, the Phils have apparently yet to give Realmuto the opportunity to put pen to paper.

While the trade market for star-caliber pitchers has been ramping up and we’re simultaneously seeing high-profile international players reach the end of their posting windows, the market for top-level MLB free agents seems no closer to a crescendo than it was this time last month. Some form of resolution in the Yankees’ pursuit of DJ LeMahieu or the Mets’ pursuit of George Springer could have a cascade effect that lends clarity to Realmuto’s market, but there’s no indication that such a sequence will happen anytime soon.

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