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Cardinals Reportedly Declined Offer Of Marcus Stroman For Nolan Arenado

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Earlier this offseason, the Cardinals declined an offer from the Yankees that could’ve sent Marcus Stroman to St. Louis for Nolan Arenado, according to a report from Mark Feinsand, John Denton and Bryan Hoch of MLB.com. It’s unknown whether Arenado would have approved that trade. MLB.com reports that the Cardinals never brought it to the star third baseman because they were uninterested in acquiring Stroman.

That’s not to say that talks between the clubs on Arenado are finished. The Yankees still have needs at both corner infield positions. Feinsand, Denton and Hoch report that they’re showing increased interest in Paul Goldschmidt at first base. They write that signing Goldschmidt might make Arenado more likely to waive his no-trade clause to join his former teammate as a corner infield tandem in the Bronx.

Various reports have tied the Yankees to Goldschmidt throughout this week. It seems they’ll turn to one of the short-term free agent options to upgrade first base. Ken Rosenthal of the Athletic reported on Thursday that the Yankees were increasingly likely to pursue a more affordable first baseman than to spend at the top of the market for Pete Alonso or Christian Walker. Walker, whom the Yankees had reportedly preferred to Alonso, has subsequently come off the board on a $60MM deal to Houston.

Interestingly, Goldschmidt’s asking price could itself prove a sticking point. Most predictions, MLBTR’s included, assumed he’d sign a one-year deal as he enters his age-37 season. Feinsand, Denton and Hoch report that Goldschmidt is seeking multiple years. That doesn’t guarantee he’ll find a two-year deal, of course, which would be a lofty ask coming off a middling season.

Goldschmidt hit .245/.302/.414 with 22 homers during his final year in St. Louis. He posted career-worst strikeout and walk rates with overall offense that measured exactly league average. Goldschmidt had a better second half after a dismal start to the season, but the overall numbers are worrisome given his age. MLBTR felt he’d secure $15MM on a one-year deal.

Money is also a complicating factor on Arenado. Even if the Yankees signed Goldschmidt and Arenado were willing to play there, they’d still need to find an agreeable return with St. Louis. The Cardinals owe the eight-time All-Star $64MM over the next three seasons, while the Rockies are on the hook for another $10MM between 2025-26. (Colorado’s obligations would carry over in the event of a trade.) $12MM of the Cardinals’ $64MM is deferred. MLB.com writes that the net present value of what St. Louis owes is around $60MM.

The Cardinals are trying to shed at least the vast majority of that deal. Katie Woo and Chandler Rome of The Athletic reported that the Astros would’ve absorbed around $45MM had Arenado not vetoed the proposed trade to Houston earlier this week. ESPN’s Jeff Passan reported differently, writing that Houston would have taken $59MM. In either case, the Cardinals would have shed most of the money.

Derrick Goold of the St. Louis Post-Dispatch wrote this afternoon that the extent of the Yankees’ interest in Arenado depends on how much of the deal the Cardinals would cover. While it’s not known how much the Yankees want St. Louis to eat, their proposal of Stroman would’ve been a financial counterbalance. The righty will make $18MM next season and would trigger a matching player option for 2026 if he throws 140 innings. An Arenado/Stroman swap would’ve gotten the Cardinals off the hook for the former’s salaries in 2026-27, but it would not have represented a significant cut next season.

Arenado has a $32MM salary next year, $5MM of which is Colorado’s responsibility. Another $6MM is deferred, so the immediate savings for St. Louis would only have been $3MM. The Cardinals could have tried to flip Stroman themselves. The righty is coming off a 4.31 ERA over 154 2/3 innings. His salary is above market but not egregiously so, but it doesn’t seem the Cardinals had any interest in that sequence of moves.

A player’s competitive balance tax number resets if they’re traded. Assuming the NPV on Arenado’s contract is around three years and $60MM, he’d carry an approximate $20MM luxury tax hit for an acquiring team if the Cardinals did not eat any money. RosterResource calculates New York’s luxury tax number around $287MM. Signing Goldschmidt or taking most of Arenado’s contract would push them beyond the $301MM final tax tier. Doing both would vault them well beyond $301MM, which comes with a 110% tax on every dollar spent from that point.

Yankees Recently Met With Max Fried, Corbin Burnes

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The Yankees’ efforts to re-sign Juan Soto have dominated headlines in the Bronx this offseason, but they’re also laying the groundwork for other free agent possibilities. The Yankees held a 90-minute meeting with longtime Braves lefty Max Fried this week, as first reported by the YES Network’s Michael Kay, who adds that the talk went well and the two sides are expected to meet again. Mike Puma and Joel Sherman of the New York Post also report that the two sides met, with the Yankees’ contingent consisting of GM Brian Cashman, manager Aaron Boone, pitching coach Matt Blake and as many as six other team officials. Puma and Sherman further add that the Yankees met with Corbin Burnes late last month.

Soto, of course, remains the Yankees’ top focus. It seems unlikely that they’d sign him to what increasingly appears to be a $600MM+ contract and then put down more than $150MM on one of Fried or Burnes — though the Yanks certainly have the resources to do so. Still, it’s only natural for any Soto suitor to be doing homework on potential contingency plans in the event that he signs elsewhere. Loading up on high-end starting pitching and addressing the lineup in other ways would be one such possibility. (Notably, the Yankees have also recently been linked to infielder Willy Adames, who’s willing to play third base or second base with a new club.)

The Yankees already have one of the most expensive staffs in the sport. Gerrit Cole, Carlos Rodon and Marcus Stroman are owed a combined $81MM next year. Nestor Cortes is projected by MLBTR contributor Matt Swartz to earn $7.7MM. Righty Clarke Schmidt is projected at $3.5MM. Newly minted Rookie of the Year Luis Gil is still in his pre-arbitration years. There’s been speculation about the Yankees moving either Stroman or Cortes this winter, both of which seem plausible. Adding someone the caliber of Fried of Burnes would make a trade elsewhere in the rotation a virtual inevitability.

Either Burnes or Fried would join Cole right atop what could be a powerhouse Yankees rotation. Both pitchers rejected qualifying offers from their former clubs, meaning both would cost the Yankees their second- and fifth-highest draft selections, in addition to $1MM of space from their 2025 bonus pool in international free agency. For a pitcher of either caliber, that’s a small price to pay.

Fried, 31 in January, has rattled off 659 innings of 2.81 ERA ball dating back to the 2020 season. He’s third among all qualified starting pitchers in ERA in that time, trailing only Brandon Woodruff (2.76) and Clayton Kershaw (2.79). Fried has thrown nearly 200 more innings than both those pitchers. His 2024 season wasn’t his best, but only relative to his lofty standards. He made 29 starts, totaling 174 1/3 innings, and notched a tidy 3.25 ERA.

Fried doesn’t miss bats like the prototypical ace but has a slightly better-than-average 23.6% strikeout rate over the past five seasons. He sports a strong 6.3% walk rate in that time and is among the game’s very best when it comes to minimizing hard contact and avoiding opponents’ barrels. He also racks up grounders at a plus rate (54.2% since 2020) — highlighted by a career-best 58.8% mark in 2024. Fried has generally been durable, although he was limited to 14 starts in 2023 due to a forearm strain that did not end up requiring surgery. He missed three starts in 2024 due to a nerve issue in that same forearm, but that’s ostensibly a different issue than the one that sidelined him in ’23.

Burnes is nearly a full year younger, having turned 30 about five weeks ago. He’s solidified himself as a true workhorse, ranking third in the majors in innings pitched over the past five seasons and sitting narrowly behind Fried with a fourth-ranked 2.88 ERA in that same span. Burnes was traded from the Brewers to the Orioles last offseason and proved himself against many of the very same AL East lineups he’d be facing as a Yankee. He made 32 starts and pitched 194 1/3 innings of 2.92 ERA ball for the O’s, adding eight innings of one-run excellence in Baltimore’s brief postseason foray.

Dominant as Burnes has been at times in his career, his recent work bears some resemblance to that of Fried. That’s not a bad thing, of course, but his once sky-high strikeout rate now sits at a roughly league-average rate (23.1% in 2024). Like Fried, he’s countered the diminished strikeout tendencies with sharp command and a knack for dodging hard contact. Burnes doesn’t generate grounders at the same level, but his 46.9% career mark and 2024’s 48.8% rate are both still comfortably above average.

The general thinking has been that Burnes will sign the largest contract of any pitcher this offseason. He’s two years younger than Blake Snell — who signed for five years and $182MM with the Dodgers (albeit with some deferrals) — and a year younger than Fried. His blend of durability and effectiveness is unmatched among this year’s crop of free agents. Fried, however, should command a deal well north of $100MM himself — quite possibly approaching or even exceeding the $162MM the Yankees promised to Rodon two winters ago.

The Yankees currently project for a payroll around $230MM, per RosterResource. They’re currently below the luxury tax threshold, but only nominally so. Even minor additions in free agency or on the trade market will push them into luxury territory. They’ve been a tax payor in each of the past three seasons, however, and their pursuits of various high-end free agents makes it clear they’re comfortable not only paying the tax for a fourth straight season but perhaps pushing into the highest tier of penalty again — at least for the 2025 season.

Managing partner Hal Steinbrenner has said that trotting out a payroll of that magnitude every season isn’t sustainable in the long run. However, that’s probably the reality for the immediate future, so long as the Yanks are paying Aaron Judge, Cole and Rodon a combined $103MM annually through 2028 (to say nothing of weighty commitments to Giancarlo Stanton, DJ LeMahieu, Stroman and any forthcoming free agent/trade additions).

Anthony Rizzo, Marcus Stroman On Yankees’ ALCS Roster

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The Yankees announced their ALCS roster this morning, revealing that first baseman Anthony Rizzo and right-hander Marcus Stroman are back in the fold after sitting out their Division Series win over the Royals.

Rizzo suffered a pair of broken fingers when he was hit by a pitch in September and was seen as a borderline call for the League Championship Series as he worked through his rehab. Stroman was healthy but not included on the Division Series roster after skipper Aaron Boone made what he described as a difficult decision to exclude the veteran in favor of an extra bat in a five-game series. With the Yankees now likely to rely on four starters rather than three, Stroman is back in the mix.

Rizzo has had a rough season overall, enduring multiple IL stints and posting a career-worst .228/.301/.335 batting line in 92 games and 375 plate appearances. He’s one of the team’s most experienced playoff veterans, however, carrying 203 career plate appearances — including a hefty .276/.432/.552 slash in nine playoff games as a member of the Yankees. Rizzo was also a thorn in the side of the Guardians this season, going 5-for-13 with a double, a walk and three RBIs in the three games he was healthy enough to face them.

Stroman inked a two-year deal with the Yankees last offseason and started 29 games for them in 2024 (in addition to one relief appearance). He pitched 154 2/3 innings, logging a 4.31 ERA with a 16.7% strikeout rate, an 8.9% walk rate and a 49.2% grounder rate. Both that strikeout rate and ground-ball rate represent notable steps back from Stroman’s 2023 levels, and this year’s 90 mph average velocity on his sinker was the lowest of his career by a wide margin (replacing last year’s 91.4 mph average). The Yankees currently have Carlos Rodon, Gerrit Cole and Clarke Schmidt lined up to start the first three games of the series, which starts tonight at 7:38pm ET in the Bronx.

Noticeably absent from the Yankees’ roster in the ALCS is southpaw Nestor Cortes. Like Rizzo, he’d been dealing with an injury and was seen as a borderline call. He’s been out with a flexor strain in his left elbow, but imaging revealed no damage to Cortes’ ulnar collateral ligament, and he’d recently been throwing after receiving a platelet-rich plasma injection. Presumably, they’ll reevaluate him and consider him as a potential option for the World Series, should the Yankees topple the Guardians and advance to the Fall Classic.

The Yankees will drop speedy outfielder and pinch-running/defensive specialist Duke Ellis as well as catcher/first baseman Ben Rice from the roster for this series. Ellis appeared in only one game of the ALDS (Game 4) and did not record a plate appearance. Rice did not get into a game in the Division Series, as the Yankees instead went with utilitymen Jon Berti and Oswaldo Cabrera at first base in place of the injured Rizzo.

Here’s the full breakdown of New York’s roster as they battle Cleveland for the AL pennant:

Catchers

Infielders

Outfielders

Utility Players

Pitchers

Division Series Roster Notes: Padres, Dodgers, Phillies, Yankees, Tigers

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We’ve already covered some notable roster additions for the Guardians and Mets as the Division Series begins, and the Royals are sticking with the same 26 players used in the Wild Card Series against the Orioles.  Now that all eight teams in the LDS rounds have revealed their rosters, here are the details…

  • The Padres made two changes from their NLDS roster, adding left-hander Martin Perez and right-hander Alek Jacob and removing Joe Musgrove and infielder Nick Ahmed.  Musgrove was obviously out due to his impending Tommy John surgery, while replacing Ahmed with a pitcher gives San Diego 13 pitchers to go with 13 position players.  Perez is one of five southpaws on San Diego’s roster, as ESPN’s Alden Gonzalez (X link) was among those who noted that the Padres are guarding themselves as best they can against Shohei Ohtani and other powerful left-handed Dodgers bats.
  • The Dodgers will go with an even mix of 13 batters and 13 pitchers, and rookie Edgardo Henriquez has made the list of available arms.  Henriquez only made his MLB debut on September 24 and he has played in just three games as a big leaguer, but Los Angeles will give the hard-throwing righty a look in October to add some velocity to the bullpen.  It’s probably safe to assume that Henriquez wouldn’t have made the cut if the Dodgers weren’t ravaged by pitching injuries, yet the rookie also got the nod over veteran Joe Kelly, who had an inconsistent year but was pitching well after returning from the IL in mid-September.  On the position player side, L.A. didn’t include either Kevin Kiermaier or James Outman, so Andy Pages will be the only true backup outfielder along with utilitymen Enrique Hernandez and Chris Taylor in the bench mix.
  • The Phillies will use 14 position players and 12 pitchers in their NLDS matchup with the Mets, with left-hander Kolby Allard joining the relief corps.  Allard has worked as something of a swingman throughout his career, and this ability of covering multiple innings earned Allard the spot, as manager Rob Thomson told MLB.com’s Paul Casella and other reporters.  “He’s going to probably give us the most length if we get into an extra-inning game….so I just wanted as much length as we could get,” Thomson said.  Utilityman Weston Wilson also got the Phils’ last bench spot, as Casella observes that Wilson brings more positional versatility than outfielder Cal Stevenson.
  • The Yankees went heavier on position players (15) than pitchers (11) for their ALDS roster against the Royals.  Anthony Rizzo is missing the series due to two broken fingers and DJ LeMahieu wasn’t yet activated from the injured list, but New York still has plenty of room on its bench, including pinch-running specialist Duke Ellis.  The Yankees appear to be loading up on bats to take on the Royals’ tough rotation and more porous bullpen, which left right-hander Marcus Stroman off the ALDS roster as the odd man out of the starting staff.
  • The Tigers made just one change from their Wild Card Series roster, as rookie righty Keider Montero has been included in place of Casey Mize.  Montero posted a 4.76 ERA over 98 1/3 innings in his first Major League season, starting 16 of 19 games.  This doesn’t necessarily mean Montero will start against the Guardians in the ALDS, however, as Detroit’s pitching staff (apart from ace Tarik Skubal) is very malleable in terms of specific roles.

Yankees Place Nestor Cortes On Injured List Due To Flexor Strain

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3:16pm: Cortes told reporters (including Greg Joyce of the New York Post) today that he’ll be shut down for seven to ten days and will likely get a platelet-rich plasma injection in his ailing elbow. Neither Cortes nor Boone ruled out the possibility of the lefty returning at some point in the playoffs if the Yankees can make a deep enough run, but Cortes noted that the results of his MRI are being sent to doctors Neal ElAttrache and Keith Meister for additional opinions.

Chris Kirschner of The Athletic was among those to relay that while Boone told reporters that the club wasn’t ruling out a return for Cortes during the postseason, he shied away from describing the club as “optimistic” about Cortes’s prospects of pitching in the playoffs this year until Cortes’s shutdown period has come to a close and they “really see what we’re dealing with.”

1:30pm: The Yankees announced that Cortes has been placed on the 15-day injured list due to a flexor strain in his left elbow. Stroman will start tonight’s game in his place, and Poteet has been recalled from Triple-A to take Cortes’ spot on the roster.

The injury will eliminate Cortes as a consideration for the beginning of the American League Division Series at the very least, though flexor strains are rarely short-term injuries. It’s fair to wonder whether Cortes will be an option for the Yankees at any point in the postseason. Manager Aaron Boone will likely provide more detail when he next meets with the media.

9:25am: The Yankees have punched their ticket to the postseason but are facing a potentially worrisome injury scenario, as lefty Nestor Cortes — who had been slated to start tonight’s game against the Orioles — is undergoing an MRI to evaluate his left elbow, as first reported by Jack Curry of the YES Network.

Assuming that takes him out of consideration to take the mound, the Yanks could go with Marcus Stroman (who recently moved to the ’pen) or call up an arm from Triple-A Scranton/Wilkes-Barre. Right-handers Cody Poteet, Yoendrys Gomez and Will Warren are all on the 40-man roster and all fresh. Poteet has pitched the most big league innings of that trio this season (21) and had the most success as well (2.14 ERA). Curry adds that Poteet is headed to the Bronx, suggesting he’ll get the nod, though there’s no official word from the team just yet.

Cortes, 29, has pitched a career-high 174 1/3 innings in the majors this season and been quite effective along the way. He’s started 30 games (also a career-high) and notched a 3.77 earned run average while fanning a solid 22.8% of his opponents against a terrific 5.5% walk rate. Though he’s a pronounced fly-ball pitcher (31.1% grounder rate), Cortes has scaled back on some of the home run troubles that have plagued him in his career; he entered the season having averaged 1.49 round-trippers per nine innings pitched but has scaled that back to a more palatable (but still higher than average) 1.24 mark in 2024.

It’s not clear that Cortes would be a part of the Yankees’ postseason rotation, but he’d certainly play a key role in the bullpen even if the team opted to go with Gerrit Cole, Carlos Rodon and one of Luis Gil or Clarke Schmidt in the top three spots. (Cole and Rodon are locks, health permitting.) Cortes is no stranger to working in relief. He’s primarily been a starter in recent seasons but has nevertheless seen 37% of his career appearances come in a relief setting.

The Yankees have a pair of veteran left-handed options in the ’pen regardless, with Tim Hill and Tim Mayza both on the roster, but neither can miss bats at the same level as Cortes. Mayza also carries alarming platoon splits, making him more ideal for strict left-on-left matchups. Cortes would also be an obvious option to give manager Aaron Boone some length out of the bullpen in the event of a short start during postseason play.

All of those scenarios are now on hold as the Yankees await word on Cortes’ apparently ailing elbow. Taking a step back to look at the bigger picture for Cortes himself, a serious injury would be about as poorly timed as possible (not that there’s ever a “good” time for a major health setback). He’s headed into his final offseason of arbitration eligibility and due a raise on this year’s $3.95MM salary. An injury that threatens a significant portion of his 2025 season could leave Cortes as a non-tender candidate, given that he’s slated to become a free agent following the 2025 season. And, if there is something at play that impacts his 2025 availability, that’d obviously cut short what should be his platform season in advance of free agency, where he’d stand as a clear candidate for a multi-year deal with good health.

Yankees To Skip Marcus Stroman’s Next Start

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The Yankees are moving Marcus Stroman to the bullpen, at least for the time being. Stroman would have been lined up to make his next start on Sunday against the Red Sox, but manager Aaron Boone told reporters (including Brendan Kuty of The Athletic) that the Yankees plan to skip Stroman’s turn in the rotation. Instead, the right-hander will be available out of the bullpen.

Boone has had six healthy starting pitchers at his disposal since the Yankees reinstated Luis Gil and Clarke Schmidt from the injured list this past weekend. At first, it was Nestor Cortes who lost his spot in the rotation; he was scheduled to start last Saturday, but instead, he appeared as a piggyback reliever for Schmidt. However, Cortes returned to the rotation last night, tossing five innings of one-run ball against Boston. Boone says Cortes will remain in the rotation for at least his next start (per Jorge Castillo of ESPN).

Thus, Stroman is the odd man out this time around. Boone suggests the Yankees could stick with a five-man set-up the next time through the rotation as well (per Bryan Hoch of MLB.com), which likely means more time in the bullpen for Stroman. This surely comes as a disappointment for the veteran, who was certainly planning to be a full-time starter – and hopefully start in the postseason – when he signed a two-year, $37MM guarantee with the Yankees last offseason. That said, with the way he has performed this year, the Yankees’ decision shouldn’t come as too much of a surprise.

On the surface, Stroman got off to a typical start in 2024. Through the All-Star break, he was 7-4 with a 3.51 ERA. However, his underlying metrics were concerning, including a low strikeout rate (17.4%) a high walk rate (10.5%), a high home run rate (1.29 HR/9), and a career-worst 4.94 SIERA. His opponents produced a .330 expected wOBA, significantly higher than the .315 league average this season.

With all that in mind, it’s no wonder Stroman’s ERA has risen dramatically in the second half. He has given up 29 runs (26 earned) in 43 1/3 innings of work, good for a 5.40 ERA. Although he has improved his control (6.7% walk rate) and gotten his home runs in check (0.62 HR/9), he has only struck out 31 of the 195 batters he has faced (15.9% strikeout rate). His 4.48 SIERA marks an improvement from the first half, but it’s still poor. On top of that, Stroman’s expected wOBA has only gotten worse. He is one of 92 pitchers who have thrown at least 750 pitches since the All-Star break. Among that group, his .362 xwOBA ranks last.

Stroman was solid in his latest outing, tossing 5 1/3 and giving up three earned runs against the Royals. However, he lasted just 3 2/3 and gave up five runs on nine hits against the Rangers the start before that. All things considered, Stroman isn’t having a bad season, but simply put, the Yankees have five other starting pitchers who give them a better chance to win games right now.

Reigning AL Cy Young winner Gerrit Cole is a lock atop the rotation, while Gil is enjoying a tremendous rookie campaign. Schmidt was enjoying a breakout of his own before he hit the IL in late May. He looked just as sharp in his return last weekend. Carlos Rodón has had his ups and downs this year, but he has an ace pedigree and strong numbers in the second half (3.33 ERA, 3.17 SIERA). Finally, Cortes has had trials and tribulations of his own this season, but his overall numbers are stronger than Stroman’s, and Cortes has looked especially sharp his last two times out (1 ER, 12 K, 9 1/3 IP).

Funnily enough, Yankees GM Brian Cashman claimed back in 2019 that he didn’t trade for Stroman at that year’s deadline because he “felt [Stroman] would be in [the] bullpen in the postseason.” The righty seemed to take those comments personally, and Cashman ended up apologizing to him during negotiations this past winter (per Ronald Blum of the Associated Press). However, Stroman reportedly took the news that he would be moving to the bullpen with grace (per Hoch). According to Boone, Stroman will be “ready to go” in whatever role the team needs him down the stretch.

Giants, Padres Made Offers To Marcus Stroman During Free Agency

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When right-hander Marcus Stroman opted out of the final year and $21MM of his deal with the Cubs over the winter to test free agency, he kicked off a relatively quiet foray into the open market for a pitcher of his caliber. The veteran only received publicly-known interest from the Royals prior to him landing a two-year deal with the Yankees that guaranteed him $37MM.

At the time of Stroman’s agreement in the Yankees, Jon Heyman of the New York Post indicated that a handful of other teams were interested in the righty’s services before he ultimately landed in the Bronx. Heyman discussed Stroman’s free agency further in a recent article, expanding upon interest Stroman received from the Giants that he had previously reported while also reporting that the Padres, who had not previously been connected to Stroman, made the 32-year-old an offer.

Per Heyman, Stroman reportedly considered both two- and three-year offers from the San Francisco as well as a longer deal with a lower average annual value from San Diego. It’s not clear how the offers the veteran received from the Giants and Padres stacked up relative to the two-year, $37MM guarantee he ultimately accepted from the Yankees, though Heyman indicates that signing with the Yankees was Stroman’s preference as a Long Island native who grew up a fan of the club.

That the Giants and Padres were in the hunt for pitching throughout the offseason is hardly a surprise. After all, each club made buzzer-beater deals just before the season began to add front-of-the-rotation starters; the Giants inked left-hander Blake Snell to a two-year deal worth $62MM in late March, shortly after the Padres swung a deal with the White Sox to acquire right-hander Dylan Cease. Those weren’t the only additions made by those clubs this winter either, as San Francisco landed Jordan Hicks in free agency as well as Robbie Ray by trade while San Diego’s return for superstar outfielder Juan Soto was headlined by right-hander Michael King.

Given both clubs’ respective needs for pitching, it’s easy to see how Stroman could have fit into the rotation mix of either club. The right-hander sports a 3.40 ERA and 3.59 FIP since the start of the 2021 season and could’ve slotted comfortably into the front of San Francisco’s rotation alongside Logan Webb or replaced Snell in the Padres rotation alongside Joe Musgrove and Yu Darvish. That being said, it’s possible that an early addition of Stroman may have blocked either club from pursuing their respective late-spring blockbusters due to financial concerns, much as the Yankees and Snell failed to come to an agreement following the Stroman deal despite seemingly making progress earlier in the offseason.

For the Giants, the addition of Stroman at even the $18.5MM AAV he landed in New York would have not only pushed them past the second $257MM luxury tax threshold, but also would have put them just over $5MM away from the third $277MM threshold according to RosterResource. The Padres, meanwhile, signed the likes of Yuki Matsui and Wandy Peralta to deals far longer than they were projected for this winter in order to tamp down the AAV on those deals. That’s allowed the club to limbo under the lowest threshold of the luxury tax, which sits at $237MM, to open the season.

It’s unlikely that the Padres would’ve been able to dip under the tax this year while still being able to afford Cease’s $8MM salary had they landed Stroman. Even a five-year deal in a similar range to the Yankees’ total guarantee would have left the veteran right-hander with an AAV in the neighborhood of $8MM, which would leave virtually no margin for error given the club sits just over $11MM below the first threshold as things stand.

MLBTR Podcast: The Cubs’ Activity, Marcus Stroman And Jordan Hicks

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The latest episode of the MLB Trade Rumors Podcast is now live on Spotify, Apple Podcasts, and wherever you get your podcasts! Make sure you subscribe as well! You can also use the player at this link to listen, if you don’t use Spotify or Apple for podcasts.

This week, host Darragh McDonald is joined by Tim Dierkes of MLB Trade Rumors to discuss…

Plus, we answer your questions, including…

  • Ben Cherington of the Pirates has repeatedly said that he would be active in the market for another starting pitcher and another outfielder. With Spring Training starting in about one month, has he given up on this quest? (25:35)
  • Why do general managers not come out and say reports are B.S.? Use the Jays as example. They are not interested in Blake Snell but their name gets thrown in for leverage. Should GMs step in and say this report is false? The endless number of sources is ridiculous and leads nowhere except larger pay days or trade hauls because of fake competition. (27:30)
  • I think most of the baseball world is getting really sick of the Dodgers and Yankees buying all the major names. It’s terrible for parity and makes for season after season of “wash, rinse, repeat” storylines. Is the league ever going to enact a salary cap? It’s done great things for the other three major sports leagues. What is the reason for the resistance to it? (31:40)

Check out our past episodes!

The podcast intro and outro song “So Long” is provided courtesy of the band Showoff.  Check out their Facebook page here!

Yankees Sign Marcus Stroman

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The Yankees’ rotation has gotten a boost, as the club has announced that they have signed veteran righty Marcus Stroman. It’s a two-year deal with a conditional player option for 2026 that reportedly comes with a $37MM guarantee. The 2026 vesting option would become an $18MM player option if he reaches 140 innings in 2025. Stroman is represented by Roc Nation Sports.

Stroman, 33 in May, was a first-round pick by the Blue Jays in the 2012 draft. A fast riser to the big leagues, the right-hander made is debut in 2014 and performed well in his rookie season with a 3.65 ERA and 2.84 FIP in 130 2/3 innings of work. Though Stroman was limited to just four starts in his sophomore season by a torn ACL, the righty established himself as a fixture in Toronto’s rotation in the following years.

By the time the club shipped him to the Mets in a deal at the 2019 trade deadline, Stroman had compiled a solid 3.76 ERA and 3.60 FIP across 135 appearances (129 starts) in a Blue Jays uniform. The right-hander’s tenure in New York was somewhat shortened by him opting out of the shortened 2020 campaign, but Stroman pitched well when on the mound for the Mets, including a 3.02 ERA and 3.49 FIP across a league-leading 33 starts during the 2021 season.

Having accepted a qualifying offer to return to the Mets in 2021, Stroman entered the 2021-22 offseason as an unrestricted free agent and found a new team quickly, agreeing to a three-year deal with the Cubs just before the players were locked out in early December. Stroman pitched solidly in his first season as a Cub, with a 3.50 ERA and 3.76 FIP across 138 2/3 innings of work. Entering the 2023 campaign, it appeared the righty had taken a step forward at the age of 32 as he pitched to an incredible 2.28 ERA with a 3.33 FIP in 98 2/3 innings of work across the first 16 starts of his season.

Unfortunately, things came apart from there as Stroman allowed a whopping 28 runs (24 earned) in just 27 innings across his next six starts before heading to the injured list with a hip issue. His stay on the shelf was extended by a rib cartilage fracture and by the time he returned to action in mid-September, the veteran righty was only able to muster eight middling innings of performance over his final four appearances in a Cubs uniform. Despite the rough second half, Stroman nonetheless finished the 2023 campaign with solid overall numbers, including a 3.95 ERA and 3.58 FIP in 136 2/3 innings of work.

Likely with his sights on a multiyear deal, Stroman opted of the final year and $21MM of his deal with the Cubs, returning to free agency. Stroman’s free agent market remained quiet for much of the offseason, though he was connected to the Royals before Kansas City ultimately opted to add right-handers Michael Wacha and Seth Lugo last month. The righty’s market reportedly picked up as the calendar flipped to 2024, with Heyman noting that the Red Sox, Orioles, Giants, and Angels were among the teams interested in the veteran’s services outside of the Bronx.  Ultimately, Stroman’s contract matches well with the two-year, $44MM prediction MLBTR made back on November 6th.

Now, Stroman is set to return to New York to pitch on the other side of the Subway Series. The right-hander adds some veteran stability to the club’s rotation behind ace Gerrit Cole after southpaws Nestor Cortes and Carlos Rodon both produced uneven, injury-marred campaigns in 2023. As things stand, right-handed youngster Clarke Schmidt figures to round out the club’s starting quintet after producing solid back-end results across 33 appearances (32 starts) with the Yankees last year.

While Stroman has never been much of a strikeout artist, typically punching out around 20% of batters faced in a given year, he sports a strong 6.9% walk rate for his career and has been extremely effective at keeping the ball on the ground across his ten years as a major league player. Stroman’s groundball rate has never dipped below 50% throughout his career, and his 57.1% grounder rate last year actually slightly surpasses his career mark of 56.7%. Only Logan Webb, Framber Valdez, and Dallas Keuchel have generated grounders at a higher clip than Stroman throughout their careers among active players, and only Webb walks fewer batters among that group. It’s a style of play that should work particularly well in Yankee stadium, which was the third-most homer friendly park in the majors last year according to Statcast.

The addition of Stroman takes the Yankees over the final $297MM luxury tax threshold, with RosterResource projecting the club for a luxury tax payroll of just under $306MM in 2024.  Every dollar the Yankees spend beyond that $297MM threshold will be taxed at a whopping 110% rate, given the team’s status as a third-time payor in 2024. The club’s actual 2024 payroll is similarly high, sitting at just over $294MM. That will be the highest payroll in club history, according to Cot’s Baseball Contracts.

Adding a starting pitcher to the club’s rotation appeared to be the Yankees’ biggest need at this point in the offseason, so it’s possible the club is mostly done for the winter at this point. Recent reports have indicated the club has some level of interest in the likes of Blake Snell, Jordan Montgomery, Dylan Cease, Shane Bieber and Jesus Luzardo, including a report earlier today that the club had made an offer to Snell. All of that was prior to the club’s addition of Stroman, of course, though it’s at least feasible the club could look to add another starter to pair with Cole at the front of the rotation, likely pushing Schmidt into a swing role out of the bullpen.

Jon Heyman of the New York Post first reported that the sides were “making progress” on a deal. Mike Mayer of Metsmerized was first with the sides coming to an agreement. Bob Nightengale of USA Today first reported that the deal, which is pending a physical, is for two years with an option for a third. Joel Sherman of the New York Post first reported the deal’s average annual value of $18.5MM a season, while Heyman first added that the third year is a vesting option. Sherman reported further details on the option.

Yankees, Marcus Stroman Have Had Recent Discussions

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The Yankees have held “productive” discussions with free agent right-hander Marcus Stroman recently, reports Jon Morosi of MLB.com. There’s no indication that a deal is close at this time, but USA Today’s Bob Nightengale reported over the weekend that the Long Island native had expressed interest in pitching for the Yankees (though the team hadn’t made an offer at the time).

On the one hand, signing Stroman is a straightforward means of addressing an obvious need for the Yankees. Beyond reigning Cy Young winner Gerrit Cole, the Yankees’ rotation is littered with question marks. Injuries torpedoed the bulk of Carlos Rodon’s first season in the Bronx; he pitched just 64 1/3 innings with a grisly 6.84 ERA after signing a six-year, $162MM contract. Fellow southpaw Nestor Cortes was limited to a near-identical slate of innings (with better but still sub-par results — a 4.97 ERA) due to injuries of his own. Former top prospect Clarke Schmidt made 32 starts and piled up a career-high 159 innings but did so with a 4.64 earned run average. The Yankees traded Michael King to the Padres in the Juan Soto deal and saw Luis Severino sign with the crosstown Mets in free agency.

On the other hand, Stroman himself is coming off an injury-ruined second half of his second and perhaps final season as a member of the Cubs. The two-time All-Star had pitched his way into Cy Young talks through the first half of the season, compiling a pristine 2.28 ERA with a 21.4% strikeout rate, 8.7% walk rate and a massive 60% ground-ball rate in his first 16 starts — a span of 98 2/3 innings. Stroman, however, allowed 30 runs over his next 30 innings before hitting the injured list with a hip injury. While rehabbing that, he was diagnosed with a rib cartilage fracture that kept him on the shelf all the way into mid-September. Stroman returned to pitch eight shaky innings and then opted out of the final year and $21MM of his contract.

Given that end to his season, Stroman himself has some injury question marks. Beyond that, the Yankees in particular stand as a surprising fit to some extent, given general manager Brian Cashman’s prior and unusually candid remarks regarding the right-hander. In September of 2019, Cashman acknowledged to Wallace Matthews of ESPN that the Yankees held some interest in Stroman at that year’s trade deadline — Stroman ultimately landed with the Mets — before adding that they passed because they “didn’t think he would be a difference-maker” and that the right-hander “would be in our bullpen in the postseason.”

Perhaps some of that still holds true; the Yankees could well view Stroman as their fourth starter in the event that each of Cole, Rodon and Cortes are healthy. Then again, Stroman has pitched to a sharp 3.48 ERA in 514 innings since the 2019 trade deadline, fanning 21.4% of his opponents against a tidy 7.3% walk rate and complementing those marks with a terrific 52.5% grounder rate.

Regardless of where the Yankees feel he’d slot into the staff, there’s little doubt that Stroman is a clear upgrade for the team’s rotation. Stroman’s performance has been consistently better than average, and his perennially strong ground-ball rates have helped him post low home-run rates throughout his career (despite frequently pitching in hitter-friendly settings like Toronto and Chicago). The Yankees, whose own home park is friendly to hitters, have shown a strong preference for grounder-heavy pitchers in the bullpen (e.g. Zack Britton, Clay Holmes, Wandy Peralta, Joely Rodriguez), so it stands to reason that’d carry over to at least some extent in the rotation as well.

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