Tigers Select Jacob Waguespack, Designate Zack Short
The Tigers have selected righty reliever Jacob Waguespack onto the MLB roster and designated infielder Zack Short for assignment, the team announced. They have also activated reliever Kenley Jansen from the 10-day injured list, added the just-claimed James Outman to their active roster and optioned righty Brenan Hanifee to Triple-A Toledo.
Waguespack is also a new acquisition. Detroit landed him from the Brewers on Wednesday in a cash deal. He’d spent the season with the Milwaukee organization on a pair of minor league contracts. The second of those presumably contained an upward mobility clause that explains why the Brewers traded him once Detroit was willing to give him an MLB opportunity.
The 32-year-old righty returns to the Majors for the first time since 2024. He’d only made four appearances with the Rays that year. The rest of his MLB experience came with Toronto from 2019-20. Waguespack has a 5.11 ERA over 105 2/3 career innings. He spent a couple years in Japan and has bounced around the Triple-A level over the past few seasons. Waguespack had a 2.45 ERA over 33 minor league innings last year and carried a 1.66 mark in 21 2/3 frames for Milwaukee’s Nashville affiliate this season.
Waguespack doesn’t have huge velocity, sitting in the 92 mph range with his fastball. He has a cutter and changeup while occasionally mixing in a curveball. Waguespack generated a lot of swing-and-miss against Triple-A opposition this year, striking out 36% of batters faced. That came with an alarming 16.5% walk rate. It’s an odd combination for a pitcher who has generally been around the strike zone with middling whiff rates over his career.
Short is a depth infielder who has spent the last month on A.J. Hinch’s bench. He has taken 46 plate appearances over 23 games, hitting .167/.304/.222 without a home run. Short draws walks but neither hits for average nor much power, so it’s a limited offensive ceiling. His primary value lies in his versatility around the infield. Detroit swaps him out for a glove-only center fielder in Outman with their final bench spot.
The Tigers have five days to trade Short or place him on waivers. The latter is likelier, and there’s a good chance he’ll go unclaimed. He’d have the right to decline an outright assignment in favor of free agency if no team carries him on the MLB roster.
Tigers Acquire Jacob Waguespack
The Tigers have acquired right-hander Jacob Waguespack from the Brewers for a player to be named later or cash considerations. Evan Woodbery of MLive Media Group was among those to pass along the news. The righty was just signed to a minor league deal last month and won’t immediately need a roster spot with the Tigers, unless his deal had some sort of opt-out or upward mobility clause.
Waguespack, 32, began the season with the Brewers on a minor league deal. Milwaukee granted him his release in early May. After exploring his opportunities for a little over a week, they re-signed him to a new minor league deal.
He has been having a good year on the whole, though with some important notes. He has tossed 21 2/3 innings over 16 Triple-A appearances, allowing 1.66 earned runs per nine. He has received some help from a .238 batting average on balls in play and 73.2% strand rate. His 16.5% walk rate is very high but he has also punched out 36.3% of batters faced. He has 105 2/3 innings of big league experience with the Blue Jays and Rays, posting a 5.11 ERA in that time. He struck out 18.9% of batters faced and gave out walks at a 10.1% clip.
The Tigers have been working through a huge number of pitching injuries this year, with nine arms currently on the big league injured list. Tarik Skubal, Justin Verlander, Casey Mize and Kenley Jansen are all expected back soon, which could lead to some roster shuffling.
As they sort things out in the coming days and weeks, Waguespack can give them some extra depth without taking up a roster spot, unless his minor league deal had some sort of contract provision that will lead to the Tigers adding him to their 40-man. If that is the case, Waguespack is out of options and will need to be added to the active roster.
Photo courtesy of Mark J. Rebilas, Imagn Images
Brewers Re-Sign Jacob Waguespack To Minor League Deal
The Brewers have a new agreement with right-hander Jacob Waguespack on a minor league deal, according to the MLB.com transaction log. He has been assigned to their Arizona complex.
Waguespack was pitching at Triple-A Nashville when Milwaukee granted him his release on May 4. It seems he wanted to gauge whether any team was willing to offer an MLB opportunity. Once that didn’t materialize, he returned to the Brew Crew on a fresh minor league contract. He’ll presumably head back to Nashville after a brief tune-up in the Complex League.
The 32-year-old righty last pitched in the Majors in 2024. Waguespack split last season between the Triple-A affiliates of the Rays and Phillies. He managed a solid 2.45 earned run average over 33 combined frames but never got an MLB look with either team. The Ole Miss product signed an offseason non-roster deal with Milwaukee and opened the year in Triple-A.
Waguespack allowed eight runs (four earned) through 16 innings. He struck out 23 of 68 opponents (34%) but also issued 11 walks. Waguespack doesn’t have huge velocity despite the big swing-and-miss rates. He’s averaging 92 mph on his fastball while working in the mid-80s with his cutter and changeup.
Brewers Release Jacob Waguespack
The Brewers have released right-hander Jacob Waguespack, who’s been pitching with their Triple-A affiliate in Nashville, Curt Hogg of the Milwaukee Journal-Sentinel reports. He’s free to explore opportunities with other clubs now.
Waguespack, 32, has pitched in parts of three big league seasons with the Blue Jays and Rays. He’s totaled only 105 2/3 innings in the majors and has a 5.11 ERA, 18.9% strikeout rate and 10.1% walk rate to show for his efforts.
Lack of big league track record notwithstanding, Waguespack’s 2026 work in Nashville has been quite strong. The well-traveled righty has tossed 16 innings and held opponents to a 2.25 ERA with a huge 33.8% strikeout rate and an even gaudier 17.4% swinging-strike rate. His 16.2% walk rate could obviously stand to improve. Waguespack is sitting 92.1 mph on his four-seamer and coupling the pitch with a mid-80s cutter and a low-80s changeup.
Waguespack last pitched in the majors with the Rays in 2024. He split the 2025 season between the Triple-A affiliates of the Rays and Phillies, combining for a 2.45 ERA in 33 innings. Overall, he’s pitched in parts of six seasons in Triple-A and has a 4.13 ERA in 285 2/3 innings there. Beyond his work at the top minor league level, Waguespack has pitched a pair of seasons for Japan’s Orix Buffaloes. He was excellent there in 2022 (2.97 ERA, 26.2 K%, 9.4 BB%, 72 2/3 innings) before struggling in 2023 (5.77 ERA, 33.3%, 12.9 BB%, 43 2/3 innings).
It’s common this time of year for veterans on minor league deals to reenter the market, whether via an opt out or simply being granted their release with no clear path to a spot in the current organization’s big league roster. They’ll sometimes simply return to the setting where they’ve already been playing, but if a team with a more dire need for bullpen help shows interest — even on a another minor league deal — that might prove to be a better arrangement for the journeyman Waguespack as he looks to push his way back into the majors.
Brewers, Jacob Waguespack Agree To Minor League Deal
The Brewers and right-hander Jacob Waguespack are in agreement on a minor league contract, reports Curt Hogg of the Milwaukee Journal-Sentinel. The Wasserman client receives a non-roster invitation to major league spring training.
Waguespack has pitched in parts of three major league seasons and a pair of NPB campaigns over in Japan. The 32-year-old righty has a 5.11 earned run average in 105 2/3 big league frames. He’s fanned 18.9% of opponents against a 10.1% walk rate and kept 41.4% of the batted balls against him on the ground. Waguespack has split the past two seasons between the Rays and Phillies organizations but didn’t reach the majors in 2025. He totaled 33 Triple-A frames between Tampa Bay and Philly, recording a combined 2.45 ERA, 24.4% strikeout rate and 8.7% walk rate. He spent about half the season on the injured list.
In two seasons over in Japan, Waguespack notched a 4.02 ERA in 116 1/3 innings with strong strikeout numbers and shakier command. He’s had similar results in parts of five Triple-A campaigns, combining for a 4.24 ERA, 23.4% strikeout rate and 8% walk rate in 269 2/3 innings.
Waguespack has experience as both a starter and a reliever but worked exclusively out of the bullpen when he was healthy in 2025. He’s a four-pitch righty with a four-seamer sitting 93 mph, a cutter averaging about 86 mph, a changeup in the low 80s and a seldom-used curveball that typically clocks in around 76 mph.
Milwaukee’s rotation took a hit with the trade of Freddy Peralta to the Mets, though they picked up a potential option to backfill that spot by landing top prospect Brandon Sproat as part of the return (alongside top infield/outfield prospect Jett Williams). With Peralta out the door, the rotation currently includes Brandon Woodruff, Quinn Priester, Jacob Misiorowski and Chad Patrick. Candidates for the fifth spot include Sproat, fellow top prospect Logan Henderson, and southpaws Robert Gasser, Aaron Ashby and DL Hall (the latter two of whom have been used more in relief in recent seasons).
In the bullpen, the Brewers have Abner Uribe, Trevor Megill, Jared Koenig, Angel Zerpa, Grant Anderson, Ashby and Hall more or less locked into spots. It’s a lefty-heavy group, particularly when counting journeyman Rob Zastryzny, who pitched well in 22 1/3 innings for the Crew last year. Righty Craig Yoho and his dominant minor league track record will also be in the mix for a spot.
Waguespack gives the Brewers some depth in both areas or a possible candidate to work in a swingman role. He’s out of minor league options, so if the Brewers do select him to the 40-man roster at any point, he’ll have to stick or else be exposed to waivers before he can be sent back to the minors. Even at that point, he’d have the right to reject an outright assignment upon clearing waivers.
Players Entering Minor League Free Agency
Major League free agents became eligible to sign with other teams on Thursday, but the minor league free agent market has technically been open since season’s end. MLBTR has published several posts detailing players who had already elected to become minor free agents, but Baseball America’s Matt Eddy (multiple links) has the full account of all the minor league free agents that officially joined their big league counterparts on the open market on Thursday.
This list details only players who have played in the Major Leagues, and whose minor league free agency hasn’t already been covered on MLBTR in the last month.
Athletics: Aaron Brooks, Carlos Duran, CD Pelham, Bryan Lavastida, Nick Martini, Alejo Lopez
Braves: Ian Anderson, Davis Daniel, Enoli Paredes, Amos Willingham, Brian Moran, Jonathan Ornelas, Chandler Seagle, Matthew Batten, Conner Capel
Orioles: Jakson Reetz, Livan Soto, Thaddeus Ward
Red Sox: John Brebbia, Isaiah Campbell, Mark Kolozsvary, Chadwick Tromp, Seby Zavala, Trayce Thompson
Cubs: Yency Almonte, Zach Pop, Caleb Kilian, Austin Gomber, Forrest Wall, Billy Hamilton, Joe Ross, Tommy Romero, Antonio Santos, Tom Cosgrove, Dixon Machado, Nicky Lopez, Carlos Perez
White Sox: Elvis Peguero, Kyle Tyler, Vinny Capra, Chris Rodriguez, Caleb Freeman, Joe Perez, Owen White, Andre Lipcius
Reds: Tejay Antone, Alan Busenitz, Buck Farmer, Josh Staumont, P.J. Higgins, Eric Yang, Levi Jordan, Edwin Rios, Davis Wendzel, Evan Kravetz, Adam Plutko, Charlie Barnes, Alex Young
Guardians: Riley Pint, Tyler Naquin, Parker Mushinski
Rockies: Xzavion Curry, Sean Bouchard, Owen Miller, Karl Kauffmann,
Tigers: Kevin Newman, Brian Serven, Jordan Balazovic, Nick Margevicius, Blair Calvo
Astros: Jon Singleton, Joe Hudson, Kenedy Corona, Greg Jones, Matt Bowman, Luis Contreras, Tyler Ivey, John Rooney
Royals: John Gant, Spencer Turnbull, Bobby Dalbec, Diego Castillo, Geoff Hartlieb, Jordan Groshans, Nick Pratto, Isan Diaz, Stephen Nogosek, Nick Robertson, Joey Krehbiel, Noah Murdock, Ryan Hendrix
Angels: Shaun Anderson, Brandon Drury, Yolmer Sanchez, Ben Gamel, Evan White, Cavan Biggio, Logan Davidson, Travis Blankenhorn, Oscar Colas, Kelvin Caceres, Dakota Hudson, Chad Stevens, Angel Felipe, Jordan Holloway, Victor Gonzalez
Dodgers: Michael Grove, Luken Baker, Giovanny Gallegos, Kyle Funkhouser, Chris Okey, CJ Alexander, Zach Penrod
Marlins: Jack Winkler, Lane Ramsey
Brewers: Luis Urias, Oliver Dunn, Julian Merryweather, Daz Cameron, Drew Avans, Josh Maciejewski, Jared Oliva
Twins: Jose Miranda, Anthony Misiewicz, Jonah Bride, Thomas Hatch, Daniel Duarte, Connor Gillispie
Mets: Joey Meneses, Jose Azocar, Joe La Sorsa, Gilberto Celestino, Ty Adcock, Bryce Montes de Oca, Yacksel Rios, Oliver Ortega, Luis De Los Santos
Yankees: Kenta Maeda, Jeimer Candelario, Rob Brantly, Andrew Velazquez, Jose Rojas, Joel Kuhnel, Wilking Rodriguez
Phillies: Matt Manning, Adonis Medina, Lucas Sims, Jacob Waguespack, Phil Bickford, Rodolfo Castro, Oscar Mercado, Brewer Hicklen, Christian Arroyo, Payton Henry
Pirates: Brett Sullivan, Nick Solak, Nelson Velazquez, Beau Burrows, Ryder Ryan
Cardinals: Zach Plesac, Anthony Veneziano, Tyler Matzek, Zack Weiss, Drew Rom, Aaron Wilkerson
Padres: Eguy Rosario, Tim Locastro, Reiss Knehr, Nate Mondou
Giants: Sean Hjelle, Miguel Diaz, Max Stassi, Sam Huff, Cole Waites, Drew Ellis, Ethan Small
Mariners: Michael Fulmer, Casey Lawrence, Collin Snider, Jesse Hahn, Nick Anderson, Josh Fleming, Austin Shenton, Jacob Nottingham, Beau Taylor, Cade Marlowe, Jack Lopez, Michael Mariot, Hagen Danner
Rays: Cooper Hummel, Jonathan Hernandez, Jamie Westbrook, Tres Barrera
Rangers: Omar Narvaez, Cal Quantrill, Ty Blach, Alan Trejo, Joe Barlow, Cory Abbott, Michael Plassmeyer, Alex De Goti
Blue Jays: Eloy Jimenez, Buddy Kennedy, Joe Mantiply, Elieser Hernandez, Rene Pinto, Adam Kloffenstein
Nationals: Francisco Mejia, Juan Yepez, Joan Adon, CJ Stubbs, Parker Dunshee, Erick Mejia, Adrian Sampson, Delino DeShields
Phillies Sign Jacob Waguespack To Minor League Deal
The Phillies have signed right-hander Jacob Waguespack to a minor league deal, according to his transactions tracker at MLB.com. He has been assigned to Triple-A Lehigh Valley. The IronPigs’ roster lists Waguespack as on the injured list.
Waguespack was on the Rays’ 40-man roster as of a couple of weeks ago. He was designated for assignment when outfielder Jonny DeLuca was reinstated from the 60-day IL. Waguespack was on the minor league IL at the time. Injured players can’t be placed on outright waivers, so that gave the Rays little choice to but to release him, which allowed him to sign with the Phils.
It’s unclear what injury is ailing Waguespack. His last minor league game was on May 20th, over two months ago. Presumably, the Phils expect him to be healthy at some point before the end of the season.
Regardless, it’s a pretty low-risk signing for the Phillies. They’re not giving Waguespack a roster spot. Also, since the Rays released him, they remain on the hook for Waguespack’s $1.3MM salary this year. If the Phils call him up at any point, they would only have to pay him a prorated portion of the $760K league minimum salary. Whatever they pay would be subtracted from Tampa’s commitments.
Waguespack hasn’t had much major league success, with a 5.11 earned run average in 105 2/3 innings. However, he did have an encouraging performance in Japan a few years back. Pitching for the Orix Buffaloes in 2022 and 2023, he logged 116 1/3 innings with a 4.02 ERA and 29% strikeout rate.
That prompted the Rays to sign him as a depth arm ahead of 2024, though he’s largely been on optional assignment and/or injured since then. He tossed 10 innings in the majors last year and none so far in 2025. His minor league work since signing with the Rays has been good, with a 2.93 ERA, 30.5% strikeout rate and 5.2% walk rate in 43 innings.
Photo courtesy of Reinhold Matay, Imagn Images
Rays Outright Coco Montes, Release Jacob Waguespack
The Rays announced this afternoon that they’ve assigned infielder Coco Montes outright to Triple-A. In addition, right-hander Jacob Waguespack has been released. Both players had previously been designated for assignment by the club last week.
Montes, 28, appeared in five games for the Rays this year. The infielder went 2-10 with three strikeouts and one RBI during that limited exposure to the majors while playing both second and third base as well as left field. He’d previously slashed a meager .221/.272/.344 for the Rays’ Triple-A affiliate in Durham this year and last made the big leagues with the Rockies back in 2023. He appeared in 18 games with Colorado where he slashed .184/.244/.316 with two doubles and a home run across 41 plate appearances. Between his two stints in the majors, Montes played for Nippon Professional Baseball’s Yoimiuri Giants. He slashed a somewhat pedestrian .272/.308/.391 for the Giants in 46 Central League games during the 2024 season. He’ll now return to Triple-A Durham as non-roster depth for the Rays going forward this year.
As for Waguespack, the 31-year-old was a 37th-round pick by the Pirates all the way back in 2012 who made his big league debut back in 2019 as a member of the Blue Jays. He pitched in parts of two seasons with Toronto and posted a 5.08 ERA in 95 2/3 innings of work split between 13 starts and 14 relief appearances. He struck out just 18.6% of his opponents while walking 8.9%, and after spending the 2021 season with Toronto’s Triple-A affiliate in Buffalo he moved on to NPB’s Orix Buffaloes. Waguespack posted an impressive 2.97 ERA in 72 2/3 innings of work during his first year of Pacific League play, but his production cratered in 2023.
He’s spent the past two seasons in the Rays organization, primarily at the minor league level, but posted a 5.40 ERA in ten appearances with the big league club this year. He’ll now head into free agency in search of another opportunity, though it seems he’ll be limited to minor league offers unless he once again ventures outside of affiliated ball to pitch elsewhere. Waguespack had been on the minor league injured list, meaning he could not be outrighted to the minor leagues after being designated for assignment.
Rays Designate Jacob Waguespack For Assignment
The Rays announced today that infielder Ha-Seong Kim has been placed on the 10-day injured list, retroactive to July 22nd, due to a low back strain. Outfielder Jonny DeLuca has been reinstated from the 60-day IL to take Kim’s active roster spot. To open 40-man space for DeLuca, right-hander Jacob Waguespack has been designated for assignment.
Kim was removed from Monday’s game with lower back tightness and he sat out the games on Tuesday and Wednesday. Perhaps the club wanted to see how his back would respond to a bit of rest before committing to an IL stint. However, three days is the maximum amount of time an IL move can be backdated. It’s possible it didn’t improve as hoped, so they decided to just put him on the shelf.
That’s an unfortunate development but the fact that the club waited to make the decision perhaps suggests it a fairly minor issue. Due to the backdating, he can return a week from now if his back improves between now and then. Taylor Walls and José Caballero will likely take over the shortstop spot again, as they did when Kim was on the IL earlier this year.
DeLuca hit the IL a week into April with a right shoulder strain. He started a rehab assignment in late May but was shut down with continued soreness. He was able to start a new rehab assignment more recently and seems to be ready to go. He’ll jump into the outfield mix alongside Chandler Simpson, Josh Lowe, Jake Mangum and Christopher Morel.
The victim of DeLuca’s return is Waguespack. The right-hander was selected to the Rays’ roster ahead of the 2024 season. He spent most of last year either on optional assignment or battling a rotator cuff injury. He tossed just ten innings for the big league club with a 5.40 earned run average.
The Rays signed a new deal with him for 2025 but it seems this year is following a similar script to 2024. He was optioned to Triple-A Durham at the start of this season. He was placed on the minor league injured list in May with an undisclosed issue and hasn’t pitched since May 20th.
Though his health status is unclear, the Rays have decided to clear him off the 40-man. Injured players can’t be placed on outright waivers, so he’ll likely be released in the coming days. He’ll then be free to sign with any club, though the interest will depend on his injury status.
Photo courtesy of Reinhold Matay, Imagn Images
Looking Ahead To Club Options: AL East
MLBTR wraps our division by division look at next year’s team/mutual option class with the AL East. Virtually all of the mutual options will be bought out by one side. Generally, if the team is willing to retain the player at the option price, the player will decline his end in search of a better free agent deal.
Previous installments: player options/opt-outs, NL West, AL West, NL Central, AL Central, NL East
Baltimore Orioles
- Andrew Kittredge, RHP ($9MM club option, $1MM buyout)
Baltimore signed Kittredge to a one-year, $10MM free agent deal over the winter. He’s making $9MM this season and has a matching club option or a $1MM buyout for 2026. Kittredge was supposed to be a key setup man in front of Félix Bautista, but he suffered a left knee injury early in camp and required a debridement surgery. He began a rehab stint at High-A Aberdeen on Sunday. While there’s plenty of time for Kittredge to turn things around, it hasn’t been the start to his O’s tenure that he envisioned.
- Ramón Laureano, OF ($6.5MM club option, no buyout)
Laureano, who was non-tendered by the Braves, signed a $4MM contract with Baltimore in February. That came with a $6.5MM team option without a buyout, giving the Orioles an extra season of club control. Injuries to Tyler O’Neill and Colton Cowser have pressed him into everyday work, mostly in left field. He hasn’t provided much through his first 24 games. Laureano is hitting .185 with a .237 on-base percentage through 59 plate appearances. He has hit a trio of home runs but struck out 18 times while drawing only four walks. Laureano has generally been a below-average hitter since being suspended following a positive PED test in 2021. He’ll need much better production over the next few months for the Orioles to exercise the option.
Boston Red Sox
- Walker Buehler, RHP ($25MM mutual option, $3MM buyout)
Buehler signed a one-year, $21.05MM free agent deal to match the price of the qualifying offer — which the Dodgers had declined to issue when he hit the market. It’s a relatively expensive pillow contract. Buehler was coming off a dismal regular season, in which he’d posted a 5.38 ERA with a career-worst 18.6% strikeout rate over 16 starts. He finished his Dodger tenure on a high note, though, closing out the World Series while pitching to a 3.60 earned run average in 15 playoff innings.
An ace-caliber pitcher early in his career, Buehler hasn’t looked the same since undergoing the second Tommy John surgery of his career in August 2022. His stint in Boston has gotten out to a shaky start. While his 4.28 ERA through 33 2/3 innings is serviceable, he’s striking out just 20.7% of opponents while averaging a personal-low 93.5 MPH on his fastball. Shoulder inflammation sent him to the injured list last week. The mutual option was always an accounting measure designed to push the $3MM buyout to the end of the year rather than disbursing it throughout the season as salary. The team seems likelier to decline its end than the pitcher does.
- Lucas Giolito, RHP ($14MM club option, $1.5MM buyout)
Giolito signed a two-year, $38.5MM deal during the 2023-24 offseason. He negotiated an opt-out clause after the first season and hoped to retest the market after one strong year. Instead, Giolito’s elbow gave out during Spring Training and he required UCL surgery that cost him the entire season. The veteran righty made the easy decision to stick around for year two.
By exercising his player option, Giolito unlocked a 2026 option for the team. It’s valued at $14MM and comes with a $1.5MM buyout. If Giolito pitches 140 innings this year, it’d convert to a $19MM mutual option (still with the $1.5MM buyout). That’d give him a chance to test free agency if he wants. Giolito has an uphill battle to 140 frames. A hamstring strain cost him the first month of the season. He finally made his team debut last week, working six innings of three-run ball with seven strikeouts in a no-decision against Toronto. The Rangers tagged him for six runs on 10 hits in just 3 2/3 frames tonight.
- Liam Hendriks, RHP ($12MM mutual option, $2MM buyout)
The Red Sox added Hendriks on a two-year, $10MM deal over the 2023-24 offseason. They knew they wouldn’t get much in year one, as Hendriks had undergone Tommy John surgery the prior August. He attempted to make a late-season return last year but was shut down after a minor flare-up of elbow discomfort. Elbow inflammation shelved him for a couple weeks to begin this season, though he made his team debut in mid-April.
Hendriks allowed two runs on three hits in one inning during his first appearance. He has rattled off five straight scoreless outings since then, albeit with four walks in five frames. His 95 MPH average fastball is solid but below the 97-98 range at which he sat during his elite seasons with the White Sox.
Note: Jarren Duran’s arbitration deal contains a ’26 club option with an $8MM base salary. He’d remain eligible for arbitration if the Sox decline the option.
New York Yankees
- Tim Hill, LHP ($3MM club option, $350K buyout)
Hill finished last season with the Yankees after being released by the White Sox in June. He’d allowed nearly six earned runs per nine with Chicago but managed a tidy 2.05 ERA over 44 frames for New York. He’s out to a similarly productive start to the ’25 season. Hill has surrendered five runs through 17 1/3 innings (2.60 ERA).
While the soft-tossing lefty has managed just 11 strikeouts, his game has always been built around ground-balls. He’s getting grounders at a massive 81.6% clip thus far. Only nine of the 40 batted balls he’s allowed have been hit into the air. It’s easily the highest grounder rate in the majors. The Yankees value this skillset as much as any team, and the $2.65MM option decision is a drop in the bucket for them.
- Jonathan Loáisiga, RHP ($5MM club option, no buyout)
Loáisiga is still working back from last April’s elbow surgery. The righty has generally been a productive reliever when healthy, but he’s only once managed even 50 MLB innings in a season. He’s on a rehab stint with Low-A Tampa and will need another few weeks before he’s built into MLB game shape. Loáisiga is making $5MM this season. The option has a matching base value and could climb by another $500K if the Yankees exercise it. He’d earn $100K each at reaching 50, 55, 60, 65 and 70 innings in 2026.
Tampa Bay Rays
- Pete Fairbanks, RHP ($7MM club option, $1MM buyout)
Fairbanks is in the final guaranteed season of the three-year, $12MM extension that he signed before the 2023 campaign. That includes a $1MM buyout on a club option that comes with a $7MM base value. That’s a bargain for a quality high-leverage reliever, but the deal includes various escalators that could push the option price above $12MM.
The option value would climb by $500K if he gets to 125 combined appearances between 2023-25 and another $1MM apiece at 135, 150 and 165 combined outings. Fairbanks made it into 95 games over the first two seasons. He’d trigger the first $500K escalator at just 30 appearances this year and would max it out if he makes it into 70 games. He can boost the option price by another $2MM based on this year’s games finished total: $500K apiece at 25, 30, 35 and 40.
Fairbanks has never reached 50 appearances in a season because of various injuries, but he’s already at 14 games through this season’s first six weeks. Fairbanks has finished 11 of those contests while working as Kevin Cash’s primary closer. He has recorded 13 strikeouts against six walks while allowing three runs over 13 1/3 innings. The option price should remain solid value, though the escalators might eventually push it to an area where Tampa Bay would rather explore deadline or offseason trades rather than having a reliever projecting as one of the highest-paid players on the roster.
- Danny Jansen, C ($12MM mutual option, $500K buyout)
Jansen seemed to be pulling away from the rest of a weak free agent catching class early last season. His production tanked from June onwards, leaving him to sign an $8.5MM pillow contract with Tampa Bay. He’s making an $8MM salary and will collect a $500K buyout on a $12MM mutual option at year’s end. Last summer’s offensive drought has carried into 2025. Jansen has only one home run with a .147/.301/.221 batting line through 83 plate appearances. He remains a very patient hitter, but the Rays would have an easy decision to decline their end of the option if he doesn’t find the double-digit home run power he showed during his best seasons in Toronto.
- Brandon Lowe, 2B ($11.5MM club option, $500K buyout)
Lowe has had a rare extended run with a Tampa Bay team that is almost always willing to trade any player. He’s in his eighth big league season and in year seven of the extension he signed in Spring Training 2019. Lowe collected $24MM for what would have been his standard six seasons of team control. The Rays exercised a $10.5MM option for this year and can retain him once more at an $11.5MM price. It’s an $11MM decision after accounting for the $500K buyout.
While injuries have been a recurring issue, Lowe has been one of the better offensive middle infielders in the sport when healthy. His 39-homer season in 2021 is an outlier, but he has tallied 21 longballs in each of the past two seasons. He’s out to a much slower start this year, batting .203/.258/.305 with four homers across 128 plate appearances. The batted ball metrics are still solid, but his career-worst 20.1% swinging strike rate is the fifth-highest among hitters with at least 50 PAs.
This one can still go a few different ways. If Lowe hits like this all season, he’d be bought out. If he finds something like his 2023-24 form (.238/.319/.458), then $11MM is reasonable. It’d keep him as one of Tampa Bay’s highest-paid players, though, so there’s a decent chance he’ll be traded at some point this year. The 16-18 Rays look like fringe Wild Card contenders for a second consecutive year. They could again try to walk the line between buying and selling come deadline season.
- Jacob Waguespack, RHP ($1.5MM club option, no buyout)
The Rays signed Waguespack to a restructured deal early last offseason. He’s making $1.3MM this season and has a $1.5MM club option for next year. That’d escalate to $2MM if he reaches 20 “points” this season. Waguespack would receive one point for each MLB relief appearance and two points per big league start. He has spent the ’25 season to date on optional assignment to Triple-A Durham.
Working as a pure reliever for the Bulls, Waguespack has reeled off 14 innings of two-run ball. He has fanned 15 hitters against three walks while getting ground-balls at a lofty 60% clip. It hasn’t earned him a major league call yet, but he should be up before too much longer if he keeps performing at that level. Waguespack spent the 2022-23 seasons with the Orix Buffaloes in Japan. He made four MLB appearances with Tampa Bay last year but lost a good portion of the season to a rotator cuff injury.
Note: Taylor Walls’ arbitration deal contains a ’26 club option with a $2.45MM base salary. He’d remain eligible for arbitration if the Rays decline the option.
Toronto Blue Jays
- None