Phillies Plan To Meet With Juan Soto
Juan Soto‘s tour through free agency has thus far taken him to meetings with the Yankees, Mets, Red Sox, and Blue Jays, with another meeting set for later today between Soto’s camp and Dodgers brass. Another big-market team can be added to the mix, as the New York Post’s Jon Heyman (via X) writes that the Phillies also intend to sit down with the free agent slugger, though a meeting isn’t yet known to be officially scheduled.
It comes as no shock that the Phils will at least check in on the market for another big name, as ownership and president of baseball operations Dave Dombrowski haven’t been shy about courting and signing superstar free agents. Bryce Harper and Trea Turner are two of those stars, and it is fair to assume that Harper and Turner have exchanged a few texts and calls with their former Nationals teammate Soto about a reunion in Philadelphia.
Earlier this month, Phillies chairman John Middleton acknowledged that his team would be involved in the Soto sweepstakes to some degree, though Middleton was rather candid in his evaluation of Soto’s market. Middleton felt “Soto wants to be in New York, and I don’t mind being a stalking horse. At some point, if Dave and I get that feeling, we’ll probably say, ‘You know what, we’re not going to win this’ because we’ve both been the stalking horse before.”
This hints that the Phillies aren’t planning quite as pitched a pursuit as other suitors in the race, though it costs the Phils nothing to meet with Soto and agent Scott Boras to access the situation. Just in case other teams don’t meet Soto’s asking price or some other obstacle arises, Philadelphia could position itself as a fallback option that still checks a lot of boxes on Soto’s presumed wish list, as the Phillies are a consistent contender who should remain in the playoff hunt for some time to come.
Signing Soto to a record contract would further elevate the Phillies’ already-large payroll. As per RosterResource, Philadelphia has an approximate $269MM payroll and a $288MM tax number for 2025 even before any significant offseason moves have been made, so adding Soto would send the Phillies far beyond the highest tax penalty tier of $301MM. Since the Phillies have made luxury-tax payments in each of the last three seasons, they already face an increased price tag for any further overages, so signing Soto would essentially come at twice the cost of his actual salary.
Middleton might not necessarily mind at least a one-year splurge, since Kyle Schwarber and J.T. Realmuto are free agents next winter, and thus represent some significant money coming off the Phillies’ books. Ideally, the Phils would probably love to free up money this winter by moving at least one of Nick Castellanos or Taijuan Walker, though that is much easier said that done since both players have negligible trade value.
If Soto was signed and Castellanos stayed put, the two would handle the corner outfield positions in some fashion while Brandon Marsh and Johan Rojas became a center field platoon. This wouldn’t be an ideal arrangement from a glovework perspective, yet the Phillies probably wouldn’t mind a defensive step backwards if it meant putting Soto’s power bat into the lineup.
Dodgers To Meet With Juan Soto, Scott Boras On Tuesday
The Dodgers are poised to become the latest club to meet with superstar free agent Juan Soto, per a report from MLB.com’s Mark Feinsand earlier this evening. The meeting between the sides is scheduled for tomorrow. The Dodgers will join the Yankees, Mets, Red Sox, and Blue Jays in having met with Soto already, although Feinsand also reports that an undisclosed team in addition to that group has already met with Soto as well. The Giants, Phillies, and Rays are among the teams known to have interest in Soto that have not yet had a publicly reported meeting with the star outfielder.
That Soto and the Dodgers have a meeting set up is an interesting development given the somewhat mixed reports regarding the club’s plans regarding the superstar. Previous reports have indicated while L.A. intends to be somewhat involved in Soto’s free agency, those reports have also cautioned the club may not be as aggressive as other suitors. That relatively cautious approach to Soto on the Dodgers’ part could be at least partially due to questions regarding whether or not Soto, who hails from the Dominican Republic and Fort Lauderdale in Florida, prefers to play on the east coast. Notably, Jon Heyman of the New York Post reports this evening that sources close to Soto have “downplayed” that rumored geographic presence, suggesting that Soto previously enjoyed living on the west coast while he played for the Padres.
It’s impossible to know where Soto’s geographic preferences lie, but Soto has emphasized in comments to reporters that winning is a priority for him, to the point of reportedly asking the Red Sox during his meeting with club officials about the organization’s commitment to winning. If winning is a priority for Soto, it’s hard to argue against the Dodgers. The reigning World Series champions have made the postseason in twelve consecutive seasons, and since 2017 have averaged more than 102 wins per year (excluding the 60-game 2020 season where they went 43-17 and won the World Series) while collecting two additional NL pennants in addition to their World Series championships. Last winter, the club added likely Shohei Ohtani, Yoshinobu Yamamoto, and Tyler Glasnow to an impressive core of talent that already included Mookie Betts and Freddie Freeman. Los Angeles figures to remain a juggernaut in the NL for years to come, and the addition of Soto to their already vaunted lineup would only reinforce that.
Given his elite talent, any club would be able to find a place for Soto in their lineup. With that being said, it’s particularly easy to see how Soto would fit into the Dodgers’ plans. With Mookie Betts expected to move back into the infield for the 2025 season, the club could look to make multiple additions to an outfield mix that presently includes only utility man Tommy Edman and youngster Andy Pages as potential everyday options. Even if the club wanted to reunite with free agent slugger Teoscar Hernandez as has been previously rumored, it’s easy to imagine the pair manning the corner outfield spots for the Dodgers with Edman as the primary center fielder while Pages backs up the starting trio and fills in for Edman on days he moves to the infield.
Financially, as mind-boggling as it may be to imagine the Dodgers inking Soto to a contract worth more than half a billion dollars just one year after committing more than a billion to Ohtani and Yamamoto amid last winter’s spending spree, the deferred structure of Ohtani’s contract could make such an expenditure more reasonable. The club’s payroll for 2025 is currently projected at $276MM, according to RosterResource. That clocks in $50MM below the club’s 2024 payroll, opening a clear pathway to adding Soto even at a record-setting average annual value. That wouldn’t leave much room for much-needed rotation upgrades or further offensive additions such as a reunion with Hernandez, but ESPN’s Alden Gonzalez notes that the value of Ohtani’s first season in L.A. “blew away” the club’s financial projections. Given that reality, it’s certainly not impossible to imagine the club having even more payroll space at their disposal than returning to the level that left them with the second-highest payroll in baseball last year.
Regardless of what club Soto ultimately ends up with, Feinsand goes on to report a belief around the league that a decision could be made in the near future. Specifically, Feinsand suggests that while Soto isn’t expected to sign prior to Thanksgiving, the “feeling around the league” is that the 26-year-old could land somewhere prior to the Winter Meetings with one executive suggesting to him that it would be a surprise if he hasn’t signed before the end of the Meetings on December 12. With the Winter Meetings just a month away and no team reported to have so much as made a formal offer to Soto yet, it’s possible that the winter’s top free agent could see his market begin to move quickly after the coming holiday.
Quick Hits: Int’l Market, Mets, Soto, Mateo, Rays, Yankees
Roki Sasaki‘s impending move to Major League Baseball will have a big impact on the offseason pitching market, but plenty of shockwaves will be felt throughout the international signing market. Baseball America’s Ben Badler recently outlined how several other prospects will be affected if Sasaki’s 45-day posting window stretches beyond January 15 and the start of the next international signing period. If Sasaki doesn’t sign until after January 15, teams will have to use funds from their 2025 signing pools to sign him, rather than their 2024 pools. The 2024 signing period closes on December 15, further narrowing the window of time for Sasaki and an MLB team to finalize a contract.
Since it seems likely Sasaki will indeed still be unsigned by January 15, Badler observes that multiple teams could end up putting their plans for the next signing period entirely on hold until the right-hander makes his decision. This means that the many prospects already committed to these teams on unofficial deals will be in limbo, and the club that finally lands Sasaki is likely to walk away from those pre-existing handshake deals if it means landing the Japanese star. It would leave that team’s set of international prospects suddenly looking to land elsewhere, and potentially other clubs’ prospects might also walk away from their agreements if nothing is finalized on January 15. As Badler notes, teams that aren’t in the running for Sasaki could benefit in swooping in to sign some extra prospects in the aftermath.
The entire situation adds a lot of extra drama to what is normally a fairly routine day on the calendar, as clubs have had these deals with these young January 15th prospects worked out years in advance, sometimes when the players are barely teenagers. Needless to say, it creates a lot of disruption for the players, their families, and their trainers who helped arrange the signings, as what looked like safe pre-arranged windfalls might now be in question. As much as Sasaki may have a higher clear upside than an entire bonus pool’s worth of international prospects, abandoning a January 15th class could create some hard feelings for a team in their future int’l dealings.
More from around the baseball world…
- The meeting between Juan Soto and the Mets took place this past Saturday, with the New York Post’s Jon Heyman reporting that Mets owner Steve Cohen, president of baseball operations David Stearns, and manager Carlos Mendoza all in attendance to provide a “very detailed” presentation to the star slugger. Soto is set to next meet with the Yankees on Monday, and he has previously met with the Blue Jays and Red Sox in these early stages of his free agent adventure. It isn’t expected that Soto will be signing any time soon, as these initial meetings could be more about laying groundwork than putting any actual offers on the table.
- Orioles GM Mike Elias told reporters (including MASNsports.com’s Roch Kubatko) that Jorge Mateo is expected “to have a very full, if not a 162, something close to that season” in the aftermath of a UCL brace procedure last August. Kubatko’s impression was that the Orioles have Mateo in their plans for 2025, which lowers the possibility that the infielder could be cut loose in advance of the November 22 non-tender deadline. Mateo is projected for a $3.2MM arbitration salary, and fits as a non-tender candidate considering between his injury, subpar offense, and the crowded Baltimore infield picture. The O’s could be an interesting team to watch this week in advance of both the non-tender deadline and Tuesday’s deadline to set 40-man rosters in advance of the Rule 5 Draft, as Baltimore could potentially move an infielder or two off the roster in trades.
- With the Rays set to use George M. Steinbrenner Field as their home for the 2025 season, Marc Topkin of the Tampa Bay Times looks at several details involved in the plan. A lot has naturally yet to be determined, though Topkin answers some questions ranging from team-centric issues like clubhouses and training amenities to fan-related details like how tickets and parking will be managed. One interesting wrinkle is the fact that the Rays are expected to host playoff games as per usual should the team make the postseason, which creates the awkward potential scenario of the Rays hosting the Yankees in the Yankees’ own Spring Training facility.
Juan Soto Rumors: Red Sox, Yankees, Jays, Dodgers
Juan Soto‘s free agency will be the primary narrative this offseason until he chooses his next landing spot, though there’s no indication that things are close. The 26-year-old superstar began meeting with teams this week but is still in the early stages of the process. For instance, Sean McAdam of MassLive.com reports that while the Red Sox feel their three-hour meeting with Soto and agent Scott Boras was “productive,” it was more introductory and informative than anything else. The two sides did not discuss years and dollars; the Sox pitched Soto on their plans for the future, their upcoming wave of high-end prospects and other aspects of the organization, while Soto sought to learn about their player evaluation methods, Fenway Park’s facilities, etc. It’s common for early meetings of this nature for top-end free agents to be introductory in nature, so this isn’t necessarily unique to Soto.
The Red Sox haven’t been involved in the deep waters of free agency in recent offseasons. Trevor Story is the lone nine-figure expenditure for the Sox in the past five years. Since signing David Price in 2015, the Red Sox have only gone beyond two years on a free agent four times (Story, J.D. Martinez, Masataka Yoshida and Nathan Eovaldi). Given that, it’s not surprising to see one of the elements Soto hoped to gauge (per McAdam) was the team’s “commitment to winning.”
That said, Rob Bradford of WEEI.com tweets that the Red Sox are approaching their pursuit of Soto with a level of “intent” that we’ve not seen from Boston “in some time.” Intent alone won’t win the bidding, of course, but the Sox have not been characterized as major players for top-end free agents in recent years. All indications this offseason seem to signal a shift in direction.
The incumbent Yankees and crosstown Mets are still perceived by many as the favorites to win the Soto bidding, once formal offers begin rolling in. To this point, it doesn’t seem the process has reached that point. Jon Heyman of the New York Post reports that the Yankees are comfortable going to 13 years and topping Aaron Judge‘s $40MM annual salary in order to keep Soto, placing their baseline comfort level somewhere in the $520MM range overall. Most expectations are that Soto will exceed that mark by a fair margin, but it’s a notable starting point all the same.
Meanwhile, Ben Nicholson-Smith of Sportsnet takes a look at at the Blue Jays’ interest in Soto, noting that as was the case with Shohei Ohtani last offseason, ownership views him as an exception to any other offseason budgetary plans. Toronto’s pursuit of Soto is not an indication that if the Jays miss out on the star slugger, they’ll pivot and spend $500-700MM elsewhere in free agency. Within his previously referenced column, Heyman doubles down on prior reporting that the Blue Jays plan to be aggressive in their pursuit of Soto.
That’s not necessarily the case with all of his expected suitors. ESPN’s Jeff Passan wrote this week that the Dodgers “won’t chase after Soto,” having already committed to nine more years of Ohtani and thus potentially restricting them in the event that Soto eventually needs to spend more time at designated hitter. They’ll be opportunistic and perhaps jump into the fray if the market doesn’t develop as Soto hopes, though that seems unlikely, given the robust demand for his services and a potential Bronx-versus-Queens bidding war.
Up until last winter, with Ohtani and Yoshinobu Yamamoto, that was generally how Los Angeles had approached the market under president of baseball operations Andrew Friedman. Though they regularly fielded one of the game’s largest payrolls and most star-studded rosters, most of the Dodgers’ star power over the years was acquired on the trade market (e.g. Mookie Betts, Tyler Glasnow) or developed in-house (e.g. Will Smith, Clayton Kershaw, Corey Seager prior to his free agent departure). Freddie Freeman was the lone big-ticket free agent acquisition, and he came on board with a deferral-laden deal after an extended stay on the open market. That scenario almost certainly won’t happen with Soto.
As it stands, there’s still no expected timetable for when Soto might reach a decision or when offers might be presented in earnest. The fact that the Red Sox didn’t even delve into numbers speaks to the current preliminary stage of the bidding process. It’s always possible Soto could decide he wants to accelerate the process and have a team by the end of the month, but a decision at some point in December feels likelier.
Blue Jays, Red Sox To Meet With Juan Soto, Scott Boras
7:54pm: There is currently no meeting scheduled between Soto and the Giants, tweets Jayson Stark of the Athletic.
11:10 am: The list of known teams who have upcoming meetings with Juan Soto and agent Scott Boras continues to grow. ESPN’s Jeff Passan reports that both the Blue Jays and Red Sox are set to meet with Soto and his representative this week. They’ll join Mets and Yankees in that regard. Passan adds that the Jays are “serious about adding a star” to the lineup alongside Vladimir Guerrero Jr., and Soto unsurprisingly tops their wishlist.
Similarly, the New York Post’s Jon Heyman paints the Jays as a legitimate contender in the Soto bidding. Toronto was famously willing to put forth the same offer that the Dodgers did to lure Shohei Ohtani to Los Angeles last winter, and Heyman adds that the Jays tried to trade for Soto last winter as well before the Yankees ultimately acquired him from the Padres. Both reports peg Toronto as a motivated buyer on the heels of a disastrous 2024 season that saw them finish in the AL East cellar.
From a payroll vantage point, the Jays should have a clear path to making a compelling offer. Jose Berrios and Yariel Rodriguez are the only players the Blue Jays have signed beyond the 2026 season — the latter never earning more than $8MM annually. RosterResource projects Toronto’s 2025 payroll at around $197MM at the moment — a good ways shy of last year’s franchise-record $225MM Opening Day mark. That projected number could drop even further with several non-tender/trade candidates still on the roster (e.g. Dillon Tate, Erik Swanson, Jordan Romano, Zach Pop). By 2026, the Blue Jays have under $75MM in guarantees on the books.
Toronto, of course, hopes to extend the aforementioned Guerrero and would need a massive offer to do so, but a long-term payroll ledger with Soto and Guerrero seems plenty doable given the lack of other commitments. Shortstop Bo Bichette could be another extension candidate, but he’s a tough case for a long-term deal after an injury-shortened season that included career-worst production at the plate. At the very least, it’s easy to see how the Blue Jays could make an aggressive push and competitive bid for Soto, as they did with Ohtani.
That’s generally true of the Red Sox as well, though their short-term books aren’t quite so clean. Rafael Devers, Brayan Bello and Ceddanne Rafaela are the only players signed truly long-term in Boston, but the Red Sox will still be paying Masataka Yoshida and Trevor Story notable salaries through the 2027 season at least. That said, the Sox have a much smaller arbitration class and don’t have the specter of a superstar’s potential departure hanging over them, as the Jays do with Guerrero. They’re projected for a payroll around $136MM in 2025 (again, via RosterResource) — modest relative to their franchise-record spending levels.
That said, the Red Sox have curbed spending in recent seasons. They did open the 2022 season with a $206MM payroll but have otherwise spent in the $170-180MM range since 2020. Back in 2018, when they last won a World Series, the Sox opened the season at $233MM. They followed with a $236MM in 2019 (both figures via Cot’s). Signing Soto would require a willingness to return to those 2018-19 levels — if not exceed them — but there are some signals the organization is willing to do just that.
Red Sox chief baseball officer Craig Breslow has been vocal about his intention of “deliver[ing] the team that’s capable of winning the AL East and making a deep playoff run,” adding that the Sox need to be willing to be big players in the free agent and trade markets in order to do so. Skeptics will call back to chairman Tom Werner’s regrettable and oft-mocked “full throttle” comments from an offseason ago, but Breslow has taken a more direct and repeated stance on his intent to be active in both markets.
The Sox have multiple areas they’ll need to target, however, as Breslow has also voiced his intent to “raise the ceiling” in the rotation. (They’ve also been linked to Max Fried, further lending credence to the idea that they’re willing to spend this winter.) Soto won’t accomplish that specific goal, nor will he help to balance out a heavily left-handed lineup (another of Breslow’s stated objectives), but that’s of little consequence. Free agents as young and impactful as Soto only come around every few decades; adding him to the lineup is an endeavor unique unto itself, and the rest of a team’s given goals can take a backseat to such a rare pursuit.
Hal Steinbrenner To Meet With Boras/Soto
Yankees owner Hal Steinbrenner is scheduled to fly to Southern California for an in-person meeting with Juan Soto and agent Scott Boras, report Mark W. Sanchez and Jon Heyman of the New York Post. The Post reports that the sit-down will occur in about a week a half — a few days after Boras and Soto welcome Mets owner Steve Cohen.
Boras suggested at this week’s GM Meetings that Soto plans to meet with the ownership group of every team that is pursuing him. That made it an inevitability that he’d sit down with each of Cohen and Steinbrenner. The Yankees and Mets are the two most obvious suitors for the market’s top free agent.
Plenty of teams would love to bring Soto into the fold. Heyman reported last week that at least 11 teams had reached out to Boras to express interest — the Giants, Dodgers, Blue Jays and Red Sox among them. Still, there’s speculation throughout the industry that Soto is likeliest to land with one of the New York teams. Boras has publicly stated that Soto is willing to sign anywhere. Saying otherwise wouldn’t do his market any favors, of course.
Phillies owner John Middleton opined today that the bidding may come down to the Yankees and Mets. “I’m afraid Juan Soto wants to be in New York, and I don’t mind being a stalking horse,” Middleton told Conor Smith of the Philadelphia Inquirer. “At some point, if [president of baseball operations Dave Dombrowski] and I get that feeling, we’ll probably say, ‘You know what, we’re not going to win this’ because we’ve both been the stalking horse before. And if I were an agent, I would do it too. It’s perfectly good strategy. I mean, it’s smart. But at the end of the day, I just think he likes New York.“
Blue Jays, Orioles, Red Sox Interested In Max Fried
Left-hander Max Fried is one of the top pitchers available in free agency this offseason. The Blue Jays are one of the clubs with interest, per Ben Nicholson-Smith of Sportsnet. Fried is also connected to the Jays by Jon Heyman of The New York Post, alongside the Orioles and Red Sox. Heyman also mentions that Yankees have checked in with Fried, as well as guys like Corbin Burnes, Blake Snell, Sean Manaea, Anthony Santander and Pete Alonso, but all of those are framed as secondary to their goal of bringing Juan Soto back to the Bronx. For Boston, they have interest in another lefty starter, with Sean McAdam of MassLive reporting they are involved with Garrett Crochet of the White Sox. On the Fenway Rundown podcast (X link), McAdam also identifies the Orioles, Padres and Dodgers as key contenders for Crochet.
Fried, 31 in January, has tossed 884 1/3 innings for Atlanta in his career. In that time, he allowed 3.07 earned runs per nine. His 23.9% career strikeout rate and 6.8% walk rate are both a bit better than average while his 54.4% ground ball rate is quite strong. Among pitchers with at least 850 innings tossed from 2017 to 2024, only Framber Valdez, Logan Webb and Marcus Stroman had a higher ground ball rate than Fried. Of those four, Fried had the highest strikeout rate in that stretch while only Webb had a lower walk rate.
The lefty has also been fairly durable in that time. From 2019 to 2024, he made 11 starts in the shortened 2020 campaign and tossed at least 165 innings in each full season of that stretch except for 2023. Fried has also added another 67 postseason innings as Atlanta has been a fixture of the playoffs during his career. A forearm strain did limited him to 14 starts in 2023, which is perhaps a concern. An inflamed nerve in that same forearm caused him to miss a few starts in 2024 as well, but he was still able to take the ball 29 times and log 174 1/3 innings with a 3.25 ERA.
Atlanta gave Fried a qualifying offer that he is sure to reject while looking for a notable long-term pact. MLBTR’s recent Top 50 Free Agents post predicted Fried for a $156MM deal over six years, the third pitcher on the list behind Burnes and Snell.
Given his track record of success, he’s sure to be popular in the coming weeks and months. It was reported earlier this week that the Jays are planning to pursue starting pitching. They have three established veterans in their rotation, with José Berríos, Kevin Gausman and Chris Bassitt all under contract for next year. Bowden Francis has seemingly earned a gig as well after he posted a 1.80 ERA over his final 11 appearances in 2024.
They have Yariel Rodríguez and Jake Bloss as options for the #5 spot but there’s sense in adding depth. Rodríguez also pitched out of the bullpen at times in 2024 and could be pushed there to begin next year. Bloss only has three big league starts and hasn’t pitched much in the minors either, so having him on optional assignment would make sense. Alek Manoah could theoretically be back in the mix but likely not until late in the year, as he underwent UCL surgery in June.
RosterResource estimates the Jays are about $20MM shy of last year’s payroll, though they could non-tender some of their nine arbitration-eligible players to give themselves more room. Team president Mark Shapiro has indicated that he doesn’t expect the club’s spending to deviate significantly from last year. Giving Fried $26MM per year or something close to it would seemingly use up a decent chunk of their spending power. They also have needs on the infield, in the outfield and in the bullpen. The trade market could help in some of those areas but they will have to assess how to direct their resources in addressing multiple parts of the roster.
The Baltimore rotation just took a big hit as Burnes became a free agent, leaving them with Zach Eflin, Grayson Rodriguez and Dean Kremer as their front three. Kyle Bradish had Tommy John surgery in June and can’t be counted on for a while. Guys like Trevor Rogers or Albert Suárez could fill out the back but there’s sense in pursuing upgrades. Rogers struggled after being acquired from the Marlins while Suárez is a 35-year-old journeyman. Prospects like Chayce McDermott and Cade Povich haven’t yet been established in the major leagues.
The major question for the Orioles this offseason is what their true spending power is. It has now been over six years since they have given a multi-year deal to any free agent. Their four-year deal for Alex Cobb in March of 2018 was the last time they went beyond a one-year pact on the open market, as shown on MLBTR’s Contract Tracker.
Now that their rebuild is long done and David Rubenstein’s purchase of the club has become official, the general expectation is that the O’s will break that streak. But that could come in various forms, such as a two-year deal for someone like Nathan Eovaldi or a three- or four-year pact for someone like Manaea. It’s difficult to say right now whether they plan to be aggressive enough to land someone like Fried or perhaps re-sign Burnes.
For the Red Sox, chief baseball officer Craig Breslow recently said that the club plans to “raise the ceiling” in the rotation. They have a core group of Tanner Houck, Brayan Bello and Kutter Crawford at the moment. Lucas Giolito will be back at some point after undergoing internal brace surgery on his elbow in the middle of March last year. Nick Pivetta is now a free agent but is currently deciding whether or not to accept the qualifying offer that the Sox gave him. Garrett Whitlock could be in the mix but he could also wind up in the bullpen. Quinn Priester, Cooper Criswell and Richard Fitts are possibilities but could also wind up in the minors or in the ‘pen.
It appears that the Sox are setting their sights high in pursuing upgrades of that group, with Fried and Crochet both being quality pitchers. Crochet’s move from the bullpen to the rotation in 2024 could hardly have gone better, as he ultimately tossed 146 innings with a 3.58 ERA, 35.1% strikeout rate, 5.5% walk rate and 45.1% ground ball rate.
The rebuilding White Sox have little reason to hold onto him, as Crochet is now just two years away from free agency. Since the White Sox just wrapped up the worst season of the modern baseball era, they probably won’t return to contention in that time. There’s been little to indicate that a contract extension is likely, so Crochet is seen as one of the top trade candidates of this offseason. He is projected by MLBTR contributor Matt Swartz for a salary of just $2.9MM next year, meaning he could fit into the budget of any club.
White Sox general manager Chris Getz says the the club is targeting position players in their Crochet trade talks. That could allow them and Boston to line up on a deal, as the Red Sox have a group of prospects known as the “Big Four”. Each of Roman Anthony, Kristian Campbell, Marcelo Mayer and Kyle Teel are nearing their major league debuts, meaning Boston either needs to find space for them on the big league roster or perhaps make them available in trades. McAdam suggests Anthony is untouchable but is less certain about the others in that group.
The White Sox will naturally have to assess what the Red Sox are willing to give up, as well as the other clubs. The Orioles have had one of the best farms in baseball in recent years, though it’s probably not as strong as it was. Many of the top names are now on the big league roster or have been used in trades as the club has pivoted into win-now mode.
The Padres’ interest in Crochet is logical both because they seem to be interested in everybody and also because they have budgetary concerns. Last winter’s Soto trade was largely about cutting payroll and getting the club under the competitive balance tax in the wake of their TV deal falling apart. Per RosterResource, their projected 2025 spending is already slated to blow past last year’s levels and they are right around the CBT line before the offseason has really even begun in earnest. Their rotation took a big hit when Joe Musgrove required Tommy John surgery, so replacing him with someone cheap like Crochet is obviously appealing.
The Dodgers pursued Crochet at the deadline a few months ago but no deal came together. They eventually won the World Series despite their rotation being essentially whittled down to a trio of Jack Flaherty, Yoshinobu Yamamoto and Walker Buehler. Both Flaherty and Buehler are now free agents. The Dodgers will get other guys back in the mix as they heal from injuries, such as Tyler Glasnow and Tony Gonsolin, but they could definitely find space for Crochet.
They have also been repeat CBT payors and therefore face high penalties. Per RosterResource, they are already slated to have a CBT number of $272MM next year, not far from the third tier of penalization with still plenty of offseason left to go.
As for the Yankees, the entire baseball world knows that their top priority is bringing back Soto, which will likely cost something close to $50MM per year for over a decade. If they don’t end up succeeding in bringing Soto back, they will have lots of options for redirecting that money to other parts of the roster. First base is open with Anthony Rizzo becoming a free agent. Soto’s departure would also make it viable to go after another outfielder. The club seemingly considered acquiring Flaherty at the deadline and then dealing Nestor Cortes, so some version of that could be in play again this offseason.
Theoretically, that makes Fried, Alonso, Santander or many other players viable fallback options, but it seems like those will only get real consideration after there’s more clarity with Soto. At this early stage of the offseason, there are infinite possibilities and each development will have domino effects. If some club lands Crochet, the clubs that miss out will have to pivot to other options. The clubs that don’t land Fried will have to adapt as well, as the various pieces of the free agent market and trade market are all interconnected.
Mets Owner Steve Cohen To Meet With Juan Soto, Scott Boras Next Week
The Mets have been expected to line up as one of Juan Soto‘s primary suitors all winter, and after reaching out to agent Scott Boras on day one of the offseason, owner Steve Cohen is now set for an in-person visit with Soto and his agent in Southern California next week, reports Mike Puma of the New York Post. Of course, the Boras Corporation also represents key free agents like Pete Alonso, Corbin Burnes, Alex Bregman, Blake Snell, Sean Manaea, Yusei Kikuchi and Ha-Seong Kim. Whether Cohen and Boras will discuss any of those names — and whether any of those players will drop in for a sit-down with Cohen as well — remains unclear.
Little needs to be said about the potential fit for Soto in Queens. He’s among the game’s very best players and, as a free agent who’ll play next season at 26, he’s arguably the most coveted free agent since Alex Rodriguez reached the open market at the same age back in 2000. One could argue Shohei Ohtani as well, of course, but Ohtani hit the market at 29 and in the aftermath of an elbow surgery that would keep him off the mound or a full season.
The Mets, meanwhile, have one departing free agent outfielder (center fielder Harrison Bader), another who’s a free agent after next season (Starling Marte) and more than $100MM in free agent salaries coming off the books. Even with a full outfield, the Mets would likely be making a strong push for Soto. No team in MLB has a larger gap between their projected 2025 payroll and their 2024 payroll levels, nor does any team have a larger gap between their projected 2025 payroll and their all-time franchise-record payroll. Beyond that, Cohen is widely known as the wealthiest owner in the league. He’s a lifelong Mets fan who purchased the club as something of a passion project, and he immediately showed a willingness to put forth some of the largest payrolls of any team in major league history. The newly implemented fourth tier of luxury penalization is often colloquially referred to as the “Cohen tax.”
All that said, while an in-person meeting between the two parties is clearly of some significance, it’s not any indicator that there’s major traction toward a deal. Soto has heard from more than a third of the league, with even small-market clubs like the Rays reportedly doing their due diligence. It stands to reason that any club with serious interest is going to have an ownership meeting with Soto and Boras.
Yankees owner Hal Steinbrenner reportedly had a private meeting with Soto over the summer. The Dodgers, Giants, Blue Jays Nationals and others have all been mentioned as potential landing spots. Mark Zuckerman of MASNsports.com paints a reunion between Soto and his original organization as something of a long shot, but the Nats will presumably at least be on the periphery. Soto is such an uncommon free agent archetype that teams who’d normally never play for a free agent of this caliber could well throw their proverbial hats into the ring. A quick and decisive free agent process that’s resolved in mid-November feels quite unlikely.
For the Mets, Yankees and other serious bidders, however, getting an early feel for the market will be paramount. So much of any team’s offseason budget would be allocated to a Soto signing that his landing place — regardless of where it is — will have an immediate ripple effect on where those offseason dollars are spent. It wouldn’t be at all surprising if other owners, presidents of baseball operations, general managers, etc. traveled to meet with Soto and Boras in the next week or two, as the Boras Corporation feels out the early stages of interest and sets expectations for what most onlookers expect to be a historic contract — one that could set new standards in terms of net present value and average annual value (when factoring in for the deferrals on Ohtani’s contract).
And, as far as comparing Soto’s free agency to that of Ohtani, Boras unsurprisingly dismissed any such comparisons at this week’s GM Meetings and sought to put Soto in a tier unto himself. Via Puma, Boras had this to say about the comparison:
“I don’t think Ohtani has much to do with Juan Soto at all. It’s not something we discuss or consider. Juan Soto is in an age category that separates him from all. So comparability is not when you do these things for these young players.”
Rays Among Teams To Have Reached Out To Soto
The Rays are among the teams that have reached out to Juan Soto’s camp since the opening of free agency last week, writes Jon Heyman of the New York Post. Heyman lists a much less surprising additional six teams that have shown interest: the Yankees, Mets, Dodgers, Giants, Blue Jays and Red Sox.
The mere mention of the Rays as a possible Soto suitor is going to be met with plenty of skepticism. It’d be a shock if they made a legitimate push for the market’s top free agent. The Rays have tried to land an elite free agent at least once before, as they reportedly made an offer in the $150MM range to Freddie Freeman before he signed with the Dodgers. That wasn’t too far off the price Freeman ultimately landed, but any offers to Soto would be in a different stratosphere. He should handily top $500MM and could secure a contract between $600MM and $700MM.
While it’s fair to assume the Rays themselves aren’t optimistic about their chances, this is illustrative that they have some money to at least dabble in the middle of free agency. The Rays opened this past season with a payroll around $98MM, per Cot’s Baseball Contracts. They’ve got a little less than $40MM in guaranteed commitments for next year (assuming Wander Franco remains on the restricted list and is not paid). Their arbitration class is projected around $25MM, though they could knock that to the $15MM range with a few non-tenders. Trades of Brandon Lowe or Yandy Díaz would subtract another $10.5MM or $10MM, respectively.
None of that is to say they should be perceived as a realistic threat to the big-market teams on Soto. They’ll probably be more active in free agency than many fans might expect given their general spending habits, though. Another mid-tier strike akin to the $40MM Zach Eflin deal from two offseasons ago could be on the table. Any free agent pursuits are complicated by their uncertain stadium situation after Tropicana Field was severely damaged by Hurricane Milton.
The other teams known to have some interest in Soto are all expected. The Yankees and Mets are widely perceived as the favorites. The Dodgers are at least tied to virtually every free agent of note. The news that Mookie Betts is likely moving back to the middle infield is going to fuel speculation about L.A. making a run at Soto. Giants baseball operations president Buster Posey has spoken about wanting to land a star. The Blue Jays were in the running for Shohei Ohtani last winter. The Red Sox have indicated they could be more active in free agency than they’ve been over the past few winters, although a splash in the rotation market seems much likelier than them landing Soto.
The New York Post reported last week that 11 teams had been in contact with Soto’s reps at the Boras Corporation on the first day of the offseason. That leaves at least four unknown clubs, though Heyman casts some doubt on the Nationals and Cubs as possibilities. Heyman suggests that Washington is unlikely to spend at the level necessary to bring Soto back. He writes that Chicago’s offseason plans are more geared towards pitching at the moment.
Soto’s free agency should carry for multiple weeks. USA Today’s Bob Nightengale wrote this afternoon that the four-time All-Star plans to have an in-person meeting with the ownership group of each team making a serious pursuit.
13 Players Receive Qualifying Offers
Today is the deadline for teams to decide whether or not to issue qualifying offers to eligible players. Per Jeff Passan of ESPN on X, 13 players have received the QO and they are:
- Juan Soto (Yankees)
- Corbin Burnes (Orioles)
- Alex Bregman (Astros)
- Max Fried (Braves)
- Willy Adames (Brewers)
- Pete Alonso (Mets)
- Anthony Santander (Orioles)
- Teoscar Hernández (Dodgers)
- Nick Pivetta (Red Sox)
- Christian Walker (Diamondbacks)
- Sean Manaea (Mets)
- Luis Severino (Mets)
- Nick Martinez (Reds)
As a recap, the qualifying offer system was created in the name of competitive balance, allowing clubs to receive compensation if key players depart via free agency. The value changes from year to year as it is the average of the salaries of the 125 highest-paid players in the league. This year’s QO is valued at $21.05MM.
If the player rejects the QO and signs elsewhere, his previous team receives draft compensation while his new club is subject to draft pick forfeiture and sometimes international bonus penalties as well. MLBTR has previously covered what each team’s compensation and penalties would be.
Players have until 3pm Central on November 19 to decide whether to accept or not. In that time, they are free to negotiate with other clubs just like all other free agents, assessing their options before making a decision.
Most of the players on this list are not surprising. Many of them have enough earning power where it was obvious that they would receive a QO and they have an easy decision to reject it while going on to pursue larger guarantees on multi-year deals. Some of the decisions were a bit more borderline and MLBTR took closer looks at those in separate posts, including Martinez, Pivetta and Severino/Manaea.
There were also some notable players who were candidates to receive a QO but ultimately didn’t. MLBTR recently took a look at the pitchers and position players with a chance at receiving a QO. Michael Wacha was listed as a possibility but that came off the table when he and the Royals agreed to a new deal yesterday. Shane Bieber of the Guardians, Jeff Hoffman of the Phillies, Paul Goldschmidt of the Cardinals, Tyler O’Neill of the Red Sox, Gleyber Torres of the Yankees, as well as Ha-Seong Kim and Jurickson Profar of the Padres were all identified as long shots to receive a QO and ultimately none of them did.
Clubs generally don’t want to lose draft picks or be subject to the other associated penalties. As such, receiving a QO can sometimes have a negative impact on a player’s prospects in free agency, though it won’t be a significant factor for the top guys.