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Justin Verlander

Mets Sign Justin Verlander

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The Mets have officially signed the defending AL Cy Young winner, announcing Wednesday evening they’ve inked Justin Verlander to a two-year contract with a vesting option for 2025. It’s reportedly an $86.66MM guarantee, and if Verlander pitches 140 innings in 2024, he will have a $35MM player option for 2025. Verlander will make $43.33MM in each of the two guaranteed years of the deal and has a full no-trade clause. Verlander is represented by ISE Baseball.

Verlander was one of the most unique free agents in modern baseball, given his unusual circumstances. He made just one start in 2020 and missed all of 2021 due to Tommy John surgery, after which he reached free agency. At that point, he had essentially missed two full years and was going into his age-39 season. However, he won the American League Cy Young award when he was last healthy in 2019.

Despite the long layoff, Verlander had plenty of interest based on his previous track record and a spring showcase that demonstrated his health to interested teams. He eventually re-signed with the Astros on a one-year, $25MM deal with a matching $25MM player option for 2023 on the condition that Verlander reached 130 innings pitched this year. Not only did Verlander breeze past that marker, he added yet another excellent campaign to his lengthy track record. He tossed 175 innings, making a brief trip to the injured list for a calf injury. He posted a miniscule 1.75 ERA with a 27.8% strikeout rate, 4.4% walk rate and 37.9% ground ball rate, earning his third career Cy Young award. Based on that excellent campaign, he made the easy decision to decline his option and return to the open market in search of a larger salary. He was not eligible for a qualifying offer due to the fact that he had already received one previously in his career.

This created a free agency that was essentially unprecedented. It’s extremely rare for pitchers to pitch so well this late into their careers, especially after such a lengthy layoff. With Verlander about to turn 40 in February, he was never going to get an incredibly lengthy deal. However, he has previously expressed a desire to pitch into his mid-4os, meaning he could conceivably seek to get a multi-year deal of some kind. The closest reasonable comparison was Max Scherzer, who signed a three-year, $130MM deal to join the Mets a year ago, when he was going into his age-37 season. That came with a $43.33MM annual average value that smashed the previous record of $36MM, which was held by Mike Trout and Gerrit Cole.

Verlander is a few years older now than Scherzer was then, but the AAV was still seemingly a rough signpost for Verlander to aim for. Astros’ owner Jim Crane intimated that Verlander was using the Scherzer deal as a target in free agency, which was apparently beyond their comfort zone. For the Mets, their rotation was significantly impacted by free agency, as Jacob deGrom, Chris Bassitt and Taijuan Walker all his the open market. deGrom is already off the board, having signed with the Rangers in recent days. But they have quickly pivoted and replaced him with Verlander, who will now take deGrom’s spot as the co-ace next to Scherzer. He has reached his target by matching Scherzer with an AAV of $43.34MM, tying the all-time record. MLBTR predicted Verlander to get a three-year deal worth $120MM, an AAV of $40MM. He has instead secured the higher AAV on a shorter deal, though if he ends up triggering the option, he will get to $121.66MM over the three seasons. This is a reunion for Verlander and Scherzer, who were teammates in Detroit from 2010 to 2014.

For the Astros, they have been incredibly aggressive this winter but it seems their priorities have been elsewhere. Even without Verlander, the rotation is in good shape with Framber Valdez, Lance McCullers Jr., Cristian Javier, Luis Garcia, José Urquidy and Hunter Brown all present as solid options. Since they apparently didn’t see eye-to-eye with Verlander, they have dedicated their resources to re-signing reliever Rafael Montero and then signing first baseman José Abreu.

The Mets have become a financial powerhouse in recent years, with new owner Steve Cohen willing to spend at or near the top of the market in order to bolster the club’s roster. Last year, they ran out an Opening Day payroll of $264MM, per Cot’s Baseball Contracts. They are now set to go into 2023 with Verlander and Scherzer combining for over $86MM alone, well beyond the entire payrolls of some entire teams. Roster Resource now estimates the Mets’ payroll for next year to be $277MM, though perhaps more importantly their luxury tax estimate is $289MM. The lowest threshold of the competitive balance tax in 2023 will be $233MM, with three further tiers at $253MM, $273MM and $293MM, with the Mets now just barely under the top line. Since the Mets also paid the CBT in 2022, they will be a second-time payor in 2023 and subject to increasing penalties. All spending over the lowest threshold is subject to a 30% tax for them, with extra surcharges at each subsequent tier: 12%, 45% and 60%. In other words, any spending over the $293MM tier will be subject to a 90% tax. Since they are still looking to upgrade their pitching staff and outfield, it seems almost certain that they will indeed go beyond that line.

All of that spending helped the Mets field a strong team in 2022, winning 101 games. Though that was the second-highest total in franchise history, they still were nudged into Wild Card status by the Braves. The Mets ended up with a bitter first-round defeat, losing their best-of-three series to the Padres. They are now seemingly planning to spend aggressively yet again and hope for better results in 2023. Verlander and Scherzer will take the top two spots in the rotation, with Carlos Carrasco behind them. That still leaves two spots available, with internal options like David Peterson and Tylor Megill candidates for those roles. However, the Mets still have a few months remaining in the offseason to make further moves.

Verlander was one of three pitchers considered to be the aces of this winter’s free agency, alongside deGrom and Carlos Rodón. The Mets lost deGrom to the Rangers but have now replaced him with Verlander. For teams still looking to add to the front of their rotation, they will now have to pivot for Rodon, who is reportedly looking for a six-year deal.

Former ball player Carlos Baerga reported last night on Instagram that the Mets and Verlander were nearing agreement on a two-year deal plus an option. Andy Martino of SNY reported today that an agreement was in place for a two-year deal with a vesting option, with the AAV of the deal near Scherzer’s. Jon Heyman of The New York Post reported Verlander will make $43.3MM in each season, as well as the no-trade clause and the option value of $35MM. Heyman later added the 140 innings required to vest the player option. Ken Rosenthal of The Athletic reported that the AAV is actually $43.33, matching Scherzer’s exactly.

Image courtesy of USA Today Sports.

Blue Jays Have Made Offer To Andrew Heaney

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The Blue Jays are actively exploring the market for rotation help and have put forth an offer to left-hander Andrew Heaney, reports Ben Nicholson-Smith of Sportsnet. Heaney, however, has received varying levels of interest from at least 10 teams and has fielded multiple offers at this point, per the report.

Robust interest in Heaney comes as little surprise. The lefty reportedly drew interest from upwards of a dozen teams last year when he was a rebound candidate seeking a one-year deal in free agency, and while shoulder troubles limited his workload with the Dodgers in 2022, his performance when on the field could scarcely have gone better. Armed with a lethal new slider, Heaney pitched to a 3.10 ERA in 72 2/3 innings.

That’s an impressive mark in and of itself, but Heaney’s secondary metrics were even better. He remained far too susceptible to home runs (1.73 HR/9), but Heaney punched out a ridiculous 35.5% of the batters he faced in 2022 and only allowed walks at a 6.1% clip. No pitcher in baseball last year (min. 70 innings) topped Heaney’s sky-high 16.8% swinging-strike rate, and the only two pitchers who induced chases on pitches off the plate more frequently than Heaney’s 39.5% were Cleveland closer Emmanuel Clase and Toronto righty Kevin Gausman.

Heaney has had more than his fair share of injury troubles over the years, undergoing Tommy John surgery in 2016 before landing on the IL twice with elbow inflammation (2018, 2019) and then missing three months this past season due to shoulder troubles. On a per-inning basis, however, he arguably turned in the best performance of any free-agent starter outside the top tier of Jacob deGrom, Justin Verlander and Carlos Rodon. The questions teams have to weigh are how much of his newfound Dodgers success is repeatable and just what they feel comfortable projecting for him, workload-wise, in 2023 and beyond.

This marks the second straight offseason in which the Jays have made an offer to Heaney, as Toronto was reportedly among the interested parties to put forth a one-year offer for him last offseason as well. However, while a one-year deal was sufficient for Heaney’s services last November, he appears quite likely to land a multi-year commitment this time around.

Starting pitching has been a priority for the Jays throughout the winter, with Toronto showing interest in starters of a wide array of quality. Nicholson-Smith writes within his Heaney column, for instance, that Toronto was in the mix for Kyle Gibson before he agreed to terms with the Orioles, and he further reports (via Twitter) that the Jays were willing to go multiple years at a high annual value for Verlander before he landed with the Mets earlier today.

As it stands, the Blue Jays have Gausman, Alek Manoah, Jose Berrios, Yusei Kikuchi and Mitch White as their primary options in the rotation. Manoah and Gausman turned in brilliant 2022 seasons and both received some recognition in Cy Young voting — Manoah finished third, Gausman ninth — but the other three struggled through dismal seasons. Berrios had been one of the game’s most consistent starters before stumbling to a 5.23 ERA in 2022. A pricey upside bet on Kikuchi’s blend of velocity and whiffs didn’t pay off (5.19 ERA), and White was tagged for a 7.74 ERA in 10 games after being acquired from the Dodgers prior to the trade deadline. Hyun Jin Ryu underwent Tommy John surgery early in the summer.

Meanwhile, right-hander Ross Stripling became a free agent on the heels of the finest season of his career. In 134 1/3 innings, Stripling posted a 3.01 ERA with a below-average 20.7% strikeout rate but an elite 3.7% walk rate. The Jays could always look to re-sign the 33-year-old, but he’s fielding interest from all 30 teams now and seems a good bet to eventually land a multi-year deal himself.

Blue Jays “Remain Engaged” On Justin Verlander’s Market

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Justin Verlander strongly considered joining the Blue Jays last winter, to the point that the Jays may have been the runner-up to the Astros in the race to sign the future Hall-of-Famer.  Toronto’s interest is still active a year later, and Sportsnet’s Shi Davidi writes that the Jays “remain engaged with” Verlander in the right-hander’s latest trip to the open market.

After a Cy Young Award-winning season, Verlander’s price tag has naturally gone up.  Verlander landed a two-year, $50MM deal from the Astros last offseason despite missing virtually all of the 2020-21 seasons due to Tommy John surgery, and even though 2022 was Verlander’s age-39 season.  Still, Verlander was more than worth the investment, as he posted one of the finest years of his incredible career and helped lead Houston to a World Series championship.

With his 40th birthday approaching in February, Verlander is reportedly looking for a three-year deal worth roughly $130MM, akin to the deal Max Scherzer received from the Mets when Scherzer was entering his age-37 campaign (Scherzer turned 38 last July).  The Scherzer deal represents the highest annual average value for any contract in baseball history, so speculatively, it would seem likely that Verlander and his representatives would want to top that AAV even if by just a bit, in order to set a new benchmark.

It’s a steep asking price for any team to meet, even if Verlander is a unique case as an all-time great who is still pitching at an elite level this late into his career.  Such a large AAV is a risk for a player who will be in action only once every five days, and if Verlander gets hurt or has any kind of performance dropoff, the contract could quickly start to look like an albatross.

Spending that much on Verlander would also set a new standard for the Blue Jays, whose payroll is already at a record high for the franchise.  Adding a $43MM-ish salary to the ledger would also put the Jays over the luxury tax threshold for the first time in club history — Roster Resource projects Toronto’s current tax number at slightly over $201MM, so a big AAV for Verlander would send the Blue Jays well over the initial $233MM tax threshold.

As Davidi puts it, signing Verlander “may very well cut [the Jays] off from other significant moves.”  That is no small matter for a team that several other needs to be addressed beyond the rotation, even if starting pitching is Toronto’s top need.  The Jays could use some more outfield depth after trading Teoscar Hernandez, second base is a somewhat unsettled area, and the bullpen could use some more reinforcement even after the addition of Erik Swanson from the Mariners in the Hernandez swap.  If ownership did allow the front office to spend up to the tax threshold, it can be argued that the extra money would be better served being spent on multiple players, rather than a single superstar in Verlander.

All this to be said, signing Verlander would still make some baseball sense for the obvious boost he’d bring to the pitching staff.  Verlander, Alek Manoah, and Kevin Gausman would become arguably the top rotation trio in the sport, Jose Berrios would be an overqualified fourth starter if he can regain his form after a mediocre 2022 season, and the Jays might feel better about Yusei Kikuchi and Mitch White battling over one starting spot than entrusting two spots in the rotation to question marks.  If payroll or roster needs are a concern, the Jays could look to cut some salary in other areas, plus Toronto could still trade from its catching depth to acquire more talent.

Orioles Among 8-9 Teams Interested In Carlos Rodon

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Roughly eight or nine teams are known to have interest in Carlos Rodon, according to Jon Heyman of the New York Post (Twitter links).  Many of the suitors are already known, as past reports have indicated the Mets, Yankees, Giants, Twins, Dodgers, and Rangers have all checked in on Rodon’s market at different points this offseason.  However, Heyman also lists the Orioles as a new name in the mix for the left-hander’s services.

Baltimore has already made one notable rotation move in signing Kyle Gibson to a one-year deal earlier today.  Needless to say, signing Rodon would take a much heftier financial commitment, and the first major acquisition of the Orioles’ post-rebuild era.  Though past reports suggested that the O’s were wary of shopping at the very top of the pitching market, Rodon might represent something of a bridge between the “top tier” and “secondary tier,” depending on how one would define such players.

Entering his age-30 season, Rodon is considerably younger than either Justin Verlander or Jacob deGrom, so Rodon might make more sense for a young Baltimore team that appears to be just entering its competitive window.  As Orioles GM Mike Elias noted last month, the club has “got a lot of interesting starters.  But they’re not guys who have a track record of being front-end-of-the-rotation starters.” 

Baltimore hopes at least one or two of their young arms can eventually develop into being ace-level pitchers, but waiting on that development might not be too helpful for a team that wants to win in 2023.  Gibson has had some quality seasons and was an All-Star just in 2021, but he struggled in his time with the Phillies, and he is more of a veteran innings-eater than a true frontline pitcher.

In other Rodon news, Heyman writes that Texas is still in on the southpaw even after already signing deGrom to a five-year, $185MM deal yesterday.  As expected, the Rangers have put a heavy emphasis on rotation upgrades this winter, between signing deGrom, re-signing Martin Perez, and acquiring Jake Odorizzi from the Braves.  That trio joins Jon Gray and Dane Dunning in the projected starting five, but the Rangers have been so aggressive over the last two offseasons that it wouldn’t be all that surprising to see them also sign Rodon.  In this case, one of Dunning or Odorizzi could become a depth starter or swingman, or potentially even a trade chip.

Both the Mets and Yankees have been linked to Rodon and Verlander, with Heyman tweeting that the two New York teams seem to have differing top choices.  Rodon seems to be the Yankees’ chief target, while Verlander seems like the Mets’ preferred option.

Latest On Mets’ Search For Starting Pitching

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3:10PM: While the Mets are looking at several free agent pitchers, the New York Post’s Mike Puma tweets that the club is also actively pursuing trade possibilities.

11:30AM: After the Mets saw Jacob deGrom leave for Texas and sign a five-year, $185MM deal with the Rangers, it seems certain they’ll move quickly to find other ways to upgrade their rotation. As Andy Martino of SNY reports, the next best pitcher available, Justin Verlander is now “front and center” for the team, and the team is “determined to land” either Verlander or Carlos Rodon.

The loss of deGrom is surely a tough pill to swallow for the Mets, but after seeing the contract he received from Texas, the opportunity to bring in Verlander on a shorter deal may well appeal to owner Steve Cohen and co. While Verlander is older, and will play the 2023 season at 40, he is coming off a dominant Cy Young-winning season which saw him hurl 175 innings of 1.75 ERA ball, striking out 220 batters in the process.

A potential signing of Verlander would likely come at a higher annual salary than the $37MM deGrom received, but only over a two or three year deal, and it does seem like that is their preferred option for older pitchers. As Joel Sherman of the New York Post reported, their offer to deGrom was around three-years, $120MM. Pivoting to Verlander on a shorter term deal would give them a bit more payroll flexibility over the long term while maintaining the 1-2 punch at the top of the rotation with Max Scherzer that the Mets covet.

While the Mets have shown their financial muscle in recent years, there are other teams interested in Verlander (such as the Yankees and Dodgers) so it’s no guarantee that they land him. In that case, it seems their next option would be Rodon. The left-hander is coming off a strong platform year in San Francisco, where he tossed 178 innings of 2.88 ERA ball with 237 strikeouts.

Rodon is a lot younger than Verlander (he turns 30 in a week) so would likely be looking at a longer term contract. MLBTR predicted he’d land a five-year, $140MM contract, which would give him an AAV of $28MM. While it seems Rodon is their second choice to Verlander, they are very much in on him and met with him on Zoom earlier this week.

While a frontline starter to pair with Scherzer looks to be the top priority for the Mets, Will Sammon of The Athletic adds that they’re looking to also add a starter from the mid-tier of options as well. Martino cites Andrew Heaney, Taijuan Walker, Kyle Gibson, Ross Stripling and Jose Quintana as the main options for the team in that category. Jon Heyman of the New York Post adds that they’ve been talking with Jameson Taillon as well.

Zach Eflin’s three-year, $40MM deal with the Rays came in one year and $18MM higher than MLBTR’s prediction, and does suggest that the market for mid-tier starting pitching could be quite lucrative this year.

The Mets currently have Max Scherzer, Carlos Carrasco, David Peterson, Tylor Megill and Elieser Hernandez penciled into the rotation. The addition of either Rodon or Verlander plus a solid, mid-tier option would give them a formidable rotation, and allow them to shift two of Megill, Peterson and Hernandez into depth/long-relief roles.

Significant Gap Remains In Discussions Between Astros, Justin Verlander

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The Astros and Justin Verlander remain “far apart” in discussions about a new contract, reports Jon Heyman of the New York Post. The nine-time All-Star is part of a trio of top free agent starters alongside Jacob deGrom and Carlos Rodón.

The biggest stumbling block seems to be on the AL Cy Young winner’s desire for a third guaranteed season. Heyman writes that Verlander is seeking a deal around $130MM over three years — the same figure received by former teammate Max Scherzer from the Mets last winter. Houston owner Jim Crane similarly suggested Verlander was pointing to the Scherzer contract as precedent last month.

The Scherzer deal indeed seems the closest comparison to Verlander, although their situations aren’t perfectly analogous. While both are all-time great pitchers still pitching near the top of their games deeper into their careers, a three-year bet on Scherzer was probably easier for a team to stomach than that same term for Verlander. Scherzer signed in advance of his age-37 season, while the latter will be three years older at the start of his next contract. Verlander’s two years removed from a Tommy John procedure that cost him almost all of the 2020-21 campaigns, but he’s bounced back to pitch at pre-surgery levels this year. Scherzer had avoided any injury of that magnitude in the past decade, topping 170 innings in every full season since 2008 before this year.

While that seems to tip things in Scherzer’s favor, their pure performance track records are mostly without complaint. Verlander had a 1.75 ERA across 175 innings this past season; Scherzer posted a 2.46 mark in 2021. The latter missed more bats, striking out 34.1% of opponents against Verlander’s 27.8% mark. Fanning just under 28% of opponents is still excellent for a starting pitcher, though, and Verlander maintained top-tier control while sitting in the mid-90s with his fastball.

Chandler Rome of the Houston Chronicle reported in November that Crane was reluctant to offer more than a two-year deal in the $60-70MM range. That’s shy of the Scherzer deal both by a year and a decent amount of annual salary ($30-35MM versus $43.333MM). It’s unclear if Houston has shown any willingness to raise their proposed salary figure in the few weeks since then, but Heyman reports they’re still opposed to a three-year guarantee.

Were Verlander to leave Houston, he’d draw no shortage of interest from the league’s big-market behemoths. He has already had meetings with the Dodgers and Mets, and Heyman has previously suggested the Yankees are also in the market.

The Opener: Astros, First Basemen, Free Agent Prediction Contest Leaderboard

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With the Winter Meetings now less than a week away, the hot stove seems to be heating up. Here are some things we’re keeping our eyes on today…

1. Are The Astros And Verlander Moving On From Each Other?

The Astros just won the World Series but they’re not resting on their laurels. Despite parting ways with general manager James Click and not hiring a replacement, the club has been one of the most aggressive so far this offseason. They re-signed Rafael Montero to a three-year deal and yesterday poached Jose Abreu from the White Sox on another three-year deal. Next on the agenda seems to be their pursuit of a left-handed hitting outfielder, with the club connected to Michael Conforto and Cody Bellinger in recent days. One area where the club appears to be less focused is starting pitching. A couple of weeks ago, reports indicated that Justin Verlander was looking for a deal similar to the three-year pact Max Scherzer got from the Mets, but that the Astros and owner Jim Crane weren’t willing to go to that level. Since that time, Houston has turned to other players while Verlander has met with the Mets and then also reportedly met with the Dodgers yesterday. Does this mean that his time in Houston, which began in 2017, is coming to an end?

2. Will The Run On First Basemen Continue?

The first base market has been surprisingly active so far this winter, as the Yankees re-signed Anthony Rizzo, the Pirates traded for Ji-Man Choi and signed Carlos Santana, and then Abreu landed with the Astros yesterday. For teams that still need help at first, the options are starting to dwindle. Josh Bell, Trey Mancini, Yuli Gurriel, Brandon Belt, and Luke Voit are some of the free agents still available, while Rowdy Tellez could potentially be available in a trade. The Padres, Cubs, Marlins and Guardians were all connected to Abreu in some fashion but will now need to move on to backup plans. The Rays, Twins and Giants are also teams that could pursue upgrades. As options come off the table, will those clubs act quickly before it’s too late?

3. Free Agent Prediction Contest Leaderboard

The leaderboard for the MLB Trade Rumors Free Agent Prediction Contest will be unveiled later today. As players sign, you’ll be able to track your predictions and compare yourself to other contestants, including MLBTR employees. We decided to make one change this year compared to years past, removing the “freebies.” That means that Anthony Rizzo, Clayton Kershaw, Rafael Montero, Joc Pederson, Martin Perez, and Tyler Anderson will be removed from the results and batting average calculation since they signed while the contest was open.

Dodgers To Meet With Justin Verlander Today

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The Dodgers are reportedly meeting with free agent Justin Verlander today, according to Jon Heyman of The New York Post.

The fit between Verlander and the Dodgers makes sense for a number of reasons. Despite being among the game’s biggest spenders, the Dodgers tend to prefer shorter-term contracts as opposed to lengthy commitments. The last time they gave a starting pitcher a guarantee longer than three years was to Brandon McCarthy going into 2015. Verlander turns 40 in February and will be limited in how many years he can reasonably ask for this offseason.

Verlander’s free agency has often been compared to that of Max Scherzer, another pitcher who has remained effective as an ace-level hurler into the age when many others begin to decline. Scherzer signed with the Mets a year ago for $130MM over three years, an average annual value of $43.33MM. MLBTR predicted Verlander to come in just under that, $120MM over three years, AAV of $40MM. Verlander is coming off an excellent platform season, winning the AL Cy Young after throwing 175 innings with a 1.75 ERA. However, Scherzer was going into his age-37 season when his deal was signed and will turn 40 just as it winds down, though he can also opt out after the second year. In Verlander’s case, he’s going to be 40 when his next deal begins.

Regardless, Verlander showed in 2022 that he’s still one of the best pitchers in the game, which is something the Dodgers could use. Walker Buehler required Tommy John surgery in August and will miss most of 2023, perhaps even all of it. The club also lost Andrew Heaney and Tyler Anderson to free agency, with Anderson having already inked a new deal with the Angels.

The Dodgers have reportedly agreed to bring Clayton Kershaw back for another year, who will join Julio Urías, Tony Gonsolin and Dustin May in the front four spots of the rotation. That’s a solid group in terms of talent but there are still concerns. Kershaw is still excellent when healthy but regularly deals with injuries, having not reached 130 innings in a season since 2019. Gonsolin had an excellent breakout in 2022 but dealt with a forearm strain down the stretch. May just returned from Tommy John but only made six starts this year. Despite debuting in 2019, he only has 25 career starts under his belt so far. Urías has been great in the past three seasons but he’s a free agent after 2023.

There are some intriguing in-house options for the fifth spot in the rotation, such as Ryan Pepiot, Michael Grove, Andre Jackson, Bobby Miller and Gavin Stone. However, the latter two haven’t cracked the 40-man roster yet and the others still have limited experience and minor league options. Adding another starter would improve the big league club while allowing those guys to head to the minors and battle each other for who gets the call when an injury creates an opening.

Verlander has been with the Astros since a deadline deal in 2017 and seemed a candidate to return on the heels of their World Series victory here in 2022. However, recent reporting has suggested that owner Jim Crane, who is temporarily running the show after parting ways with general manager James Click, isn’t interested in giving Verlander the three-year deal he’s looking for. Even without Verlander, Houston would have a really strong rotation mix consisting of Framber Valdez, Cristian Javier, Lance McCullers Jr., Luis Garcia, José Urquidy and Hunter Brown. Since that reporting, Verlander has been connected to the Mets and the Yankees, with the Dodgers now entering the fray.

In terms of the money, the Dodgers have plenty of room relative to their recent spending. Roster Resource calculates their current payroll to be around $152MM with a competitive balance tax number of $168MM. Their Opening Day payroll was $280MM in 2022, according to Cot’s Baseball Contracts, and the first CBT threshold is moving up to $233MM in 2023. In both cases, the Dodgers have plenty of room to work with, even if they add around $40MM by bringing Verlander aboard. The club will have other needs to address, particularly replacing Trea Turner at shortstop. However, recent reporting has suggested the club might steer clear of the big free agents and let Gavin Lux or a trade acquisition take over at that position. If that is indeed the case, perhaps their biggest spending will go towards the rotation this winter, having also been connected to Carlos Rodón recently. Though they also appear to be hanging around the Aaron Judge sweepstakes.

Latest On Yankees’ Free Agent Targets

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The Yankees are certainly hoping they’ll be able to re-sign Aaron Judge, but until the AL MVP makes his decision, the Yankees are considering several other free agents and trade targets.  In addition to some names already linked to New York in past reports, the New York Post’s Jon Heyman writes that the Yankees have checked in on the likes of Justin Verlander, Carlos Rodon, Brandon Nimmo, Cody Bellinger, Michael Conforto, and their own incumbent free agents Jameson Taillon and Andrew Benintendi.

In general, it’s pretty commonplace for the Yankees (or pretty much any team, particularly the biggest spenders) to at least get in contact with agents early in the offseason in order to gauge interest, or get a sense of asking prices for any particular player.  As such, some of these players might not necessarily be at the top of the Yankees’ target list, and Heyman notes that some could be options only if Judge signs elsewhere.  For instance, though “the Yankees seek multiple outfielders,” Heyman doesn’t think the Bronx Bombers would both re-sign Judge and also add Nimmo on a pricey contract.  Likewise, the Yankees aren’t expected to bid at the top of the shortstop market, unless a Judge departure gives them new reason to explore Carlos Correa, Trea Turner, and company.

Since Anthony Rizzo has already been re-signed to solidify the first base position, New York’s offseason plan on the position player side looks pretty set — retain Judge, then add a less-expensive second outfielder (Conforto or Bellinger are both likely candidates for one-year contracts).  Should an opportunity arise to move an infielder like Josh Donaldson, Isiah Kiner-Falefa, or perhaps even Gleyber Torres, the Yankees could pounce, but the presence of Oswaldo Cabrera, Oswald Peraza, and yet-to-debut star rookie Anthony Volpe gives the Bombers some flexibility in figuring out the infield mix.  DJ LeMahieu’s toe injuries will also factor into the front office’s next decisions.

If Judge did leave the Bronx, of course, any number of new backup plans could be put into place.  However, a Judge departure may only throw the position-player scenarios into flux, since Heyman writes that “the pitching pursuits are said to be ’on different tracks’ ” than the Yankees’ interest in position players.  Though naturally adding any high-profile player has an overall impact on a roster in terms of salary or luxury-tax figures, it makes sense that adding a new pitcher isn’t necessarily tied to Judge’s situation, since Judge’s return has a bigger chain reaction on the lineup as a whole.

Putting a new starter into the rotation is a cleaner fit, especially if that new addition is an ace like Verlander or Rodon.  While the Cy Young Award winner has been a Yankees target in the past, Heyman reports that “the Yankees’ confidence level on [signing] Verlander is low,” so he might also be something of a Plan B option for the club.

The Yankees also might not necessarily be seeking an ace, since Gerrit Cole and Nestor Cortes are already in the fold.  Since Luis Severino, Frankie Montas, and Domingo German have their share of question marks, adding a reliable third-starter type like Taillon would help solidify the starting five.  Kodai Senga (another pitcher garnering interest from the Bronx) is perhaps something of a wild card, given how it isn’t known how well he can make the transition from NPB to the major leagues.  Senga’s stuff could make him a front-of-the-rotation arm might off the bat, or he might end up being more suited to the middle or back of a pitching staff.

Mets Considering Justin Verlander

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TODAY: Verlander and the Mets spoke together in a Zoom meeting last week, according to The Athletic’s Ken Rosenthal.

NOVEMBER 19: The Mets are hopeful of re-signing Jacob deGrom, but if they fail in that pursuit, reigning AL Cy Young winner Justin Verlander has emerged as a “prominent possibility” for the team, according to Mike Puma of the New York Post. Puma cites a source that confirms the Mets are indeed considering the former Astros ace.

deGrom is still every chance to stay in New York of course, and the Mets already believe they are his preferred team, but it certainly shows the Mets’ intention to again be active at the top of the starting pitching market, be that deGrom or not.

Verlander, 39, showed no signs of age in 2022, making one of the more remarkable returns from Tommy John surgery to toss 175 innings of 1.75 ERA ball for Houston, win the Cy Young award and take home a World Series ring.  Though his strikeout rate dipped below 30% for the first time since joining Houston (down to 27.85), his fastball velocity remained in tact (and actually improved on his last full season), and he accounted for the dip in strikeouts by posting the equal-best walk rate of his lengthy career (4.4%).

It’s a stunning turnaround for a pitcher that threw just six innings between 2020-21, and sets himself up nicely to add to his already illustrious career. He’s already got three Cy Young awards, one MVP, two World Series titles and is now 56 wins away from the 300-win milestone. That last one may seem like a stretch, but Verlander has averaged 18.33 wins a season over his last three full seasons, so it’s certainly not out of the question if he bags a three-year deal. It’s likely Verlander will seek deals from teams that give him the best chance to win, and a return to the Astros remains a strong possibility, while teams such as the Yankees, Dodgers and Phillies could join the Mets in the race for his signature.

It speaks to the quality of Verlander’s output even as he’s aged that MLBTR recently predicted he’d take home a three-year, $120MM deal, even though he’ll turn 40 in February. While the performance remains elite, the thought of paying a pitcher $40MM into his age-42 season must give some owner’s pause though. Instead, perhaps the Mets might bump up Verlander’s AAV beyond the $43.3MM record that Max Scherzer takes home, and keep it to a more manageable two-year deal.

In any event, it shows the Mets are set to be aggressive in adding a frontline starter to partner Scherzer in 2023. Of course, deGrom and Verlander aren’t the only options either, and the Mets could be in on Carlos Rodon and Kodai Senga as well to bolster their light rotation stocks. Currently Scherzer and Carlos Carrasco are slated to start 2023, while David Peterson and Tylor Megill could also have roles at the back of the rotation, depending on how New York’s off-season unfolds.

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