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Josh Stowers

This Date In Transactions History: Three-Team Sonny Gray Trade

By Anthony Franco | January 21, 2022 at 8:49pm CDT

On this date three years ago, the Reds, Mariners and Yankees reached agreement on a complex deal. Not only was it a fairly uncommon three-team trade, the deal pushed across the finish line only when the most notable player involved agreed to a three-year contract extension with his new club.

As part of that January 21, 2019 agreement, the Reds landed Sonny Gray. Cincinnati agreed to take on the right-hander’s $7.5MM salary for that season and promised him an additional $30.5MM through 2022. (The deal also included a $12.5MM club option for 2023). The Reds also landed left-handed pitching prospect Reiver Sanmartín from New York. In exchange, they sent infielder Shed Long Jr. to Seattle, who flipped their recent second-round draftee, Josh Stowers, to the Yankees.

Gray, an All-Star and AL Cy Young award finalist in 2015, was the obvious headliner of the deal. After a generally strong run in Oakland, he was sent to the Yankees at the 2017 trade deadline. Yet Gray didn’t fare as well during his year-plus in the Bronx, posting a mediocre 4.51 ERA/4.40 FIP across 195 2/3 innings. He dealt with particular struggles in the hitter-friendly confines of Yankee Stadium, managing a 6.55 ERA in home contests during his time in pinstripes.

The Reds identified Gray as a target as they neared the end of a rebuild that had landed them in the basement in the NL Central for four straight seasons. They were rewarded for that decision, as Gray immediately turned things around in his new environs. He twirled 175 1/3 frames with a 2.87 ERA during his first season with the Reds, earning his second All-Star nod and some down ballot Cy Young votes in the process. Both FanGraphs and Baseball Reference pegged Gray as the most valuable player on the team that year by Wins Above Replacement.

Gray’s excellent debut season wasn’t enough to get the Reds to the postseason, but Cincinnati did qualify for an expanded playoff the next year. His 56 innings of 3.70 ERA ball in the shortened season weren’t quite as impressive as his first-year numbers, but it was still solidly above-average output that contributed to a decent 31-29 team showing. The Reds didn’t make the playoffs over a full schedule last year, but Gray had another nice showing. The 32-year-old’s 4.19 ERA marked a bit of a step back, but a 27% strikeout rate, 47.2% ground-ball percentage and 3.85 SIERA suggest he may have been adversely affected by a poor defense behind him.

Cincinnati hasn’t had the team success they’d no doubt hoped to achieve over the past three seasons. That’s not any fault of Gray’s, though. Over 366 2/3 innings with the Reds, the Vanderbilt product has posted a 3.49 ERA/3.57 FIP, holding opposing hitters to a meager .208/.292/.345 line. Buying low after his struggles with the Yankees proved a shrewd move for former president Dick Williams, general manager Nick Krall, and the rest of the Cincinnati front office.

It remains to be seen whether Gray’s tenure with the Reds is finished. He’s still controllable for two seasons under the terms of the extension he signed at the time of the trade. The organization may be looking to cut payroll after the lockout, and Gray perhaps offers the best blend of recent productivity, availability in trade and 2022 salary (around $10.167MM) of anyone on the roster.

Whether Gray winds up dealt for a third time or opens next season in Cincinnati, the deal counts as a win for the Reds in retrospect. In fact, of the three prospects involved in the trade, Sanmartín is the only one who remains with the club that acquired him. He made his first two MLB starts during the final week of last season and could be a depth starter or long reliever for Cincinnati this year.

The other two prospects — Long and Stowers — were more well-regarded than Sanmartín at the time of the trade. Neither emerged as a long-term option in their new organizations, though. Long tallied 412 plate appearances over three years with Seattle. He hit well as a rookie but struggled between 2020-21, dealing with recurring injury issues around his right shin. Outrighted off the Mariners 40-man roster at the end of last season, the 26-year-old elected minor league free agency and has yet to sign elsewhere. Long figures to get another opportunity — even if just via minors pact — and he’s young enough to have a real chance at turning things around, but he didn’t make the kind of impact in Seattle their front office no doubt hoped he would.

Stowers, meanwhile, has yet to crack the majors. He spent two years in the New York farm system, then was traded to the Rangers last April as part of the deal that sent Rougned Odor to the Bronx. The 24-year-old outfielder (25 next month) then hit .220/.311/.466 across 351 plate appearances in Double-A. Not added to the Texas 40-man roster after the season, he’ll be eligible for selection in the Rule 5 draft once the lockout wraps up. As with Long, it’s far too early to close the books on Stowers’ career, but he’ll be available to the rest of the league for little more than an active roster spot in the coming months.

The deal also netted the Yankees the Reds’ Competitive Balance pick in the upcoming draft. New York used that selection (#38 overall) to nab left-hander T.J. Sikkema from the University of Missouri. Sikkema, who missed the entire 2021 campaign due to injury, was ranked by Baseball America as the #23 prospect in the Yankees’ system midseason. Between the lost minor league season in 2020 and last year’s injury-wrecked campaign, he’s still yet to advance to full season ball. Sikkema will be eligible for next offseason’s Rule 5 draft if not added to the New York 40-man roster, making the 2022 campaign a particularly important one for his future in the organization.

Note: This article was updated to reflect that the Yankees also acquired a Competitive Balance Selection from the Reds.

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MLBTR Originals This Date In Transactions History Transaction Retrospection Josh Stowers Reiver Sanmartin Shed Long Sonny Gray

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Reds Acquire, Extend Sonny Gray As Part Of Three-Team Trade

By Steve Adams | January 21, 2019 at 4:15pm CDT

After several days of reporting and speculation, right-hander Sonny Gray has officially been traded from the Yankees to the Reds and also agreed to a contract extension with Cincinnati. It’s a three-team deal that also involves the Mariners. Second base prospect Shed Long and a Competitive Balance Round A pick go from the Reds to the Yankees in exchange for Gray and left-hander Reiver Sanmartin. New York, in turn, has flipped Long directly to the Mariners in return for center field prospect Josh Stowers — the Mariners’ second-round pick in the 2018 draft.

Sonny Gray | Brad Rempel-USA TODAY Sports

As part of the trade, Gray has agreed to a new, three-year contract extension with the Reds that’ll span the 2020-22 seasons. He’ll earn $30.5MM over those three campaigns — that’s in addition to his $7.5MM salary for the 2019 season. Along with a $500K signing bonus, the deal reportedly promises $10MM in each of its three years and also comes with a $12MM club option for the 2023 season. There are $500K worth of incentives in each new season of the deal, with that value achievable in full at 190 innings pitched, and his annual salaries can grow based on performance escalators. Gray’s contract doesn’t contain a no-trade clause but stipulates that he be paid a $1MM assignment bonus each time he is traded.

Cincinnati emerged as a front-runner to land Gray last Friday, and his addition will be the third such pickup of the Reds’ offseason, joining lefty Alex Wood and fellow righty Tanner Roark. That trio will be added to a new-look Cincinnati rotation that’s also projected to include holdovers Luis Castillo and Anthony DeSclafani. It’s a group that should give the Reds a vastly more competitive outlook in 2019 while likely pushing names such as Robert Stephenson, Brandon Finnegan, Tyler Mahle, Jackson Stephens and others out of the Major League rotation mix and either into bullpen roles or back to the minors (Stephenson, it should be noted, is out of options).

A change of scenery for Gray, 29, only makes sense after he struggled profusely with the Yankees in 2018 — particularly when pitching at Yankee Stadium. Gray posted a ghastly 6.98 ERA at home in 2018 compared to a 3.17 ERA on the road, and while there’s surely more at play in those splits than the surface-level numbers exhibit, the contrast between the two numbers is unequivocally jarring.

The Reds quite likely found it encouraging that Gray’s velocity remained consistent with its previous levels (93.8 mph average fastball), that his swinging-strike rate remained north of 10 percent and that his ground-ball tendencies (50 percent) remained above the league average. Gray actually allowed home runs at his lowest rate since 2015 as well (0.97 HR/9; 13.3% HR/FB), despite pitching more than 40 percent of his innings at the homer-friendly Yankee Stadium. Of course, he’ll be moving to a similarly hitter-friendly setting in the form of Cincinnati’s Great American Ball Park, though the move to the National League should prove beneficial.

With the extension now in place, the trade of Gray differs starkly from Cincinnati’s acquisition of Wood and Roark, each of whom is a pure one-year rental. In essence, it’s a bet that the move into a lower-pressure setting could help Gray in a similar manner that Matt Harvey seemed to benefit following his own trade over from the Mets this past May. Gray, it should be noted, is not far removed from an extended run as a high-quality arm; the former No. 18 overall draft pick entered the 2018 season with a career 3.45 ERA in 770 1/3 innings, highlighted by an All-Star nod and a third-place Cy Young finish in 2015.

While it may be too much to expect for Gray to return to those lofty heights, he at the very least has the potential to help comprise a radically improved Reds rotation and gives the team some long-term stability a a time when many of the pitching prospects acquired over the course of Cincinnati’s rebuild have yet failed to pan out.

Cincinnati will also add a left-handed option to the middle levels of its farm system in the form of Sanmartin. While he wasn’t considered to be one of the organization’s top prospects, Sanmartin reached Double-A for the first time last season, at the age of 22, and pitched to an overall 2.81 ERA with a 58-to-4 K/BB ratio in 67 1/3 innings between Class-A, Class-A Advanced and Double-A. New York originally acquired Sanmartin out of the Rangers organization in a swap that sent righty Ronald Herrera to Texas.

Long, meanwhile, will head to the Mariners in a surprise development and give Seattle a prospect that is not far from big league readiness. The 23-year-old Long was a 12th-round pick by the Reds back in 2013 but has vastly outperformed that draft billing, rising to the Double-A ranks and hitting at a .261/.353/.412 clip with a dozen homers and 19 stolen bases this past season. Kiley McDaniel and Eric Longenhagen of Fangraphs ranked Long seventh among Reds farmhands just last month, noting that the converted catcher still has some defensive question marks at second base. That said, he has the bat to profile as a regular there if he can improve his glovework, and if not, he could move to an outfield corner.

Stowers, in turn, is several years further from the point where he’d need to be added to the 40-man roster in New York. He went a round or two higher in the draft than many expected on the heels of a strong finish to his college season at Louisville, and it seems that given New York’s quick acquisition of him, the Mariners weren’t the only ones who hoped to snag him in the draft’s early rounds. The Yankees will also acquire a pick that is currently slotted in at No. 36 overall but could move a bit, depending on the outcome of the remaining free agents who rejected qualifying offers (and the subsequent draft pick compensation attached to them). The No. 36 slot last season came with a $1.967MM slot value, meaning the Yankees have likely added another $2MM+ to their bonus pool in the 2019 draft.

A trade of Gray has been expected since early in the offseason since Yankees general manager Brian Cashman openly spoke about his desire to find a change of scenery for Gray. Today’s swap gives the Yankees a rotation consisting of Luis Severino, James Paxton, Masahiro Tanaka, J.A. Happ and CC Sabathia. With Gray no longer in the fold, the Yankees’ top depth options are Domingo German, Jonathan Loaisiga, Luis Cessa and Chance Adams. The organization likely hopes to have lefty Jordan Montgomery, who underwent Tommy John surgery early last summer, can return late in the 2019 season, though it certainly possesses ample rotation depth even if he’s shelved into the 2020 season.

The Athletic’s Ken Rosenthal reported Friday that the Reds were closing in on a deal to acquire Gray. Fancred’s Jon Heyman tweeted over the weekend that Long and the draft pick would likely be involved in the deal, if completed. Rosenthal first added that the trade could hinge on an extension. ESPN’s Jeff Passan reported today that Gray had been traded, confirming Long’s inclusion and adding that he’d been flipped to Seattle for Stowers. Rosenthal reported the extension and the terms of Gray’s new contract, with Bob Nightengale of USA Today adding salary details. Bobby Nightengale Jr. of the Cincinnati Enquirer added Sanmartin’s inclusion in the swap. Heyman tweeted the trade assignment bonus.

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Cincinnati Reds New York Yankees Newsstand Seattle Mariners Transactions Josh Stowers Reiver Sanmartin Shed Long Sonny Gray

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