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Bo Bichette, Matt Chapman Exit With Injuries

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The Blue Jays saw the entire left side of their starting infield exit today’s 7-10 loss against the Guardians with injuries this evening, as shortstop Bo Bichette left the game with right quad tightness while third baseman Matt Chapman departed with right middle finger inflammation, as relayed by The Athletic’s Kaitlyn McGrath.

As things stand, it appears that Chapman’s injury is more serious than Bichette’s. As relayed by MLB.com, manager John Schneider told reporters that both players had been playing through the injuries they were removed over today. Schneider described Bichette’s removal from the game as precautionary. That’s an understandable decision, given the star shortstop just missed a couple of weeks with a right knee injury. Chapman’s ailment, on the other hand, is one Schneider notes that Chapman has been dealing with for “the past couple of weeks” after he jammed the finger while putting away a weight in the weight room. The issue was aggravated during an at-bat today, and Chapman will undergo an MRI to determine the severity of his injury. More details on both players’ situations seem likely to be available tomorrow.

Of course, even a short absence for either player could be devastating for Toronto. With today’s loss against the Guardians, the Jays are now playing .500 ball in July with a 12-12 record. Treading water this month has resulted in their record slipping to 71-60, 2.5 games back of the final AL Wild Card spot and just two games ahead of a Red Sox club they swept earlier in the month. Without Bichette and/or Chapman on the left side of the infield, things could get even more dire as Toronto looks to return to make consecutive playoff appearances for the first time since 2016 and just the third time in the organization’s history.

Both players have been key for the Jays this season. Bichette has been a stable force at the top of the club’s lineup with a .316/.346/.491 slash line in 113 games combined with strong defense at shortstop. Chapman, meanwhile, was the hottest player on the planet for the first six weeks of the season with a 1.004 OPS on May 10. While he’s cooled considerably since then, he remains perhaps the best defensive third baseman in the sport and has the power to be a threat even when in the midst of a slump.

In the event either player needs time off, the club seems likely to turn to a bench consisting of Cavan Biggio, Santiago Espinal, and Davis Schneider. Biggio (90 wRC+) and Espinal (62 wRC+) have both struggled this season but have past success as regulars on their resume, while Schneider has just 40 plate appearances to his name in the majors but has made the most of them by slashing a sensational .424/.525/.848 in a part time role for Toronto this season.

2023-24 MLB Free Agent Power Rankings: June Edition

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We’re at the regular season’s halfway point, and the free-agent landscape has changed a fair bit since we last ran through our Power Rankings back in mid-April. Injuries, changes in performance — some for the better, some for the worse — and more have combined to provide more context as to what shape the top of the free agent market will take.

As a reminder, our Power Rankings are based primarily on perceived earning power. This is an exercise intended to provide a snapshot of where the top end of the free agent class is currently sitting. One player being ranked higher than another does not necessarily indicate we feel he’s the better player. Youth, health, qualifying offer status, market scarcity and myriad other factors all impact what a player can expect to earn in free agency.

Our power rankings are compiled collaboratively. MLBTR owner Tim Dierkes and writers Anthony Franco and Darragh McDonald all weighed in for this update. Players with opt-out clauses and player options are included, even if they’ve previously given indications they may forgo the opportunity to return to the market.

1. Shohei Ohtani, SP/DH, Angels: There are no surprises up top. Ohtani remains far and away the top name on this year’s list — so much so that he might even command double the No. 2 entrant on our list. That’s both a testament to his general excellence and an indictment on what is generally a weaker free agent class than is typical.

Ohtani, 29 in July, isn’t having quite as dominant a season on the mound as he did in 2022, but he’s still been quite good and is enjoying his best year to date with the bat. In 95 1/3 innings, the flamethrowing righty has pitched to a 3.02 ERA with a 33.2% strikeout rate and 10.2% walk rate. The latter is a marked uptick from the 6.7% he logged a year ago. Ohtani’s strikeout rate is only down about half a percentage point from its 2022 levels, but he’s seen more notable drops in swinging-strike rate (from 14.9% to 13.5%) and opponents’ chase rate (32.6% to 29.5%). This is also the most homer-prone he’s ever been on the mound; his 1.13 HR/9 is a career-high, and the 12 homers he’s allowed in 95 1/3 innings innings are already just two shy of last year’s total of 14 — which came over a span of 166 frames.

To some extent, that’s just nitpicking. Ohtani has still been excellent. His ERA ranks 15th among qualified starting pitchers, and only Atlanta’s Spencer Strider has a higher strikeout rate. He currently ranks sixth among qualified pitchers in K-BB% (23%), and fielding-independent metrics are generally supportive of his success (e.g. 3.40 SIERA, 3.35 xERA). Hitters simply haven’t been able to make good contact against Ohtani, outside that handful of home runs anyway. His 86 mph average opponents’ exit velocity is in the 93rd percentile of MLB pitchers. His 34.8% opponents’ hard-hit rate is in the 77th percentile. He’s induced grounders at a solid 44.4% clip. The uptick in walks is significant, but that’s only taken Ohtani from an ace-level performer to a slight step below that level.

And of course, when discussing Ohtani, the mound work is only half the equation. His work in the batter’s box this season has been nothing short of sensational. In 360 plate appearances, Ohtani is batting .309/.389/659. That’s 82% better than league-average production after weighting for home park, by measure of wRC+. Ohtani has already belted 28 home runs, and he’s added 15 doubles and five triples while swiping 11 bags (in 15 tries). This year’s 11.4% walk rate is right an exact match for his career mark (although shy of his 15.6% peak), and his 21.7% strikeout rate is the lowest of his career.

Ohtani has averaged an obscene 93.7 mph off the bat this year and ranks in the 95th percentile (or better) of MLB hitters in exit velocity, barrel rate, expected slugging percentage and expected wOBA. He’s a bona fide middle-of-the-order bat with the speed to swipe 25 to 30 bases and the power to clear 40 home runs.

When chatting about this update to our Power Rankings, Anthony Franco rhetorically asked me if I thought Ohtani the hitter and Ohtani the pitcher (if somehow separated) would both still individually rank ahead of the rest of this year’s class of free agents. We both agreed that they would. Fortunately, one team will get both this offseason — it just might cost more than half a billion dollars.

2. Yoshinobu Yamamoto, SP, Orix Buffaloes (Japan’s Nippon Professional Baseball): Many people have wondered what type of contract Ohtani might have originally commanded if he’d waited two years to jump to Major League Baseball. Because he opted to make the jump at 23 years of age, he was considered an “amateur” under MLB rules and thus limited to the confines of MLB’s international free agent system. Since he’s not also a world class hitter, Yamamoto won’t give us an exact answer to that now-unanswerable Ohtani hypothetical, but he’ll show us what a 25-year-old ace can command under true open-market pricing if and when the Buffaloes post him, as expected.

Yamamoto, 25 in August, is one of the best pitchers in NPB and perhaps one of the most talented arms on the planet. The right-hander made his NPB debut as an 18-year-old rookie in 2017, stepped into the Buffaloes’ rotation full-time in 2019, and has pitched to a sub-2.00 ERA in four of the past five seasons, including this year’s current mark of 1.98. The lone exception was 2020, when his ERA ballooned all the way to… ahem, 2.20. Yamamoto has a sub-2.00 ERA in his career, and that’s including the 5.32 mark he posted in that age-18 rookie season.

So far in 2023, Yamamoto has pitched 68 1/3 innings with a 1.98 ERA, a 27.8% strikeout rate and a superlative 4.1% walk rate. Just 11 of the 266 batters he’s faced have drawn a free pass. That’s a career-best mark for a pitcher who’s long had outstanding command but has continually whittled away at his walk rate over the years. In his NPB career, Yamamoto has walked just 6.1% of opponents against a 26.5% strikeout rate.

MLBTR contributor Dai Takegami Podziewski kicked off his latest NPB Players To Watch piece with a look at Yamamoto’s recent run of dominance: a stretch of three consecutive eight-inning starts with just one run allowed and a 29.8% strikeout rate and .092 opponents’ average along the way. World Baseball Classic fans may remember Yamamoto’s performance as well: in 7 1/3 innings he allowed just two runs on four hits and two walks with 12 strikeouts. Back in April, Dai described Yamamoto as the “undisputed ace of NPB,” noting that he’s won the Sawamura Award (NPB’s Cy Young equivalent) in each of the past two seasons. He also won the pitching triple crown (ERA, strikeouts, wins) in 2021-22 and has a chance to repeat the feat in 2023.

Like so many pitchers these days, Yamamoto boasts a mid- to upper-90s heater. Scouts credit him with a potentially plus-plus splitter and give favorable reviews of his curveball and general athleticism as well. Presumably, there’s some trepidation regarding a pitcher who’s listed at just 5’10” and 169 pounds, and whoever signs him will have to pay a posting/release fee to the Buffaloes. Those are about the only “red flags” in Yamamoto’s profile.

Yamamoto’s countryman, Kodai Senga, has had some inconsistent command but generally performed well since signing a five-year, $75MM deal with the Mets. In an offseason piece, Joel Sherman of the New York Post quoted an evaluator who graded Yamamoto a full grade better than Senga on the 20-80 scale. And, it bears emphasizing, Yamamoto is five years younger than Senga. We haven’t seen a pitcher with this type of pedigree make the jump from Japan without any spending restrictions since Masahiro Tanaka signed a seven-year, $155MM deal with the Yankees. Yamamoto is younger than Tanaka was, he’s arguably better, and the price of pitching has only gone up since that time. A contract in excess of $200MM doesn’t seem outlandish if he can remain healthy and productive.

3. Matt Chapman, 3B, Blue Jays: It’s been a tale of two seasons for Chapman, who was perhaps baseball’s best hitter in April and one of its worst in May. The slump has been longer than the hot streak at this point, although the aggregate .265/.343/.457 slash is still well above league average (23% better, by measure of wRC+). Paired with his characteristically excellent defense (7 Defensive Runs Saved and 4 Outs Above Average already), and Chapman’s still been an undeniably valuable player, even if the nature of his contributions for the Jays have been quite frontloaded in the schedule’s early portion.

That said, it’s still incumbent upon Chapman to turn things around at the plate sooner than later. The weight of that early, Herculean stretch will continually diminish, and the current version of the former All-Star simply isn’t that compelling. Early in the year, Chapman was regularly making blistering contact and had dramatically cut back on his strikeouts. In writing about his brilliant start to the season in early May, I pointed out that he’d begun to let the strikeouts creep back in and wondered whether that was a mere blip or the onset of some regression.

Unfortunately, the strikeout issues that have dogged Chapman in the aftermath of his 2020 hip surgery have resurfaced. Dating back to May 1, Chapman is hitting just .203/.279/.339 with an a 30.2% strikeout rate. He’s still walking at a respectable 8.8% rate, and his quality of contact is excellent. Chapman is averaging 92.4 mph off the bat and hitting the ball at 95 mph or better in 52.7% of his plate appearances even during this prolonged slump. After benefiting from a .449 BABIP early in the year, he’s seen that mark swing down to .269 in May and June.

In all likelihood, the “true” results are somewhere between the two extremes of Chapman’s 2023 season. He’s not the hitter he was in April, but he’s certainly better than he’s been in May and June. The question is whether Chapman can curb the strikeouts moving forward. His propensity for thunderous contact (when he makes it) should lead to some positive regression and once again begin to produce better results. But if he fans at a 30% clip from here on out, there may not be enough balls in play to help him prop his stat line back up. Furthermore, it’d mark the third time in four seasons he finished at or above a 30% strikeout rate, which doesn’t inspire much confidence over the course of a long-term deal.

Chapman still ranks prominently here because the overall numbers are still good, and because, frankly, the crop of position players this offseason is dreadful. In fact, he’s the only pure position player on this installment of our Power Rankings, which is unprecedented. If Chapman can sustain his quality of contact and scale back the strikeouts slightly, he could still find a seven- or eight-year deal heading into his age-31 season. His overall production right now is comparable to the output posted by Kris Bryant in advance of his foray into free agency (which resulted in a seven-year, $182MM contract), and Chapman has far more defensive value than Bryant.

4. Lucas Giolito, SP, White Sox: It’s been a tough start to the year for a number of top free agent pitchers, but Giolito has generally pitched well. His strikeout rate is down from its 33.7% peak, but he’s still fanning more than a quarter of his opponents with his typical brand of better-than-average command (7.5% walk rate). It’s too soon to tell is this is a trend, but it bears mentioning that Giolito has upped his slider usage recently and seen a notable increase in strikeouts. Over his past five starts, he’s thrown the slider at a 35.8% clip, as compared to his prior 28.4% usage rate. It’s not a massive increase, but Giolito had just three starts with a slider rate of 30% or more in his first 11 trips to the hill; since May 30, he’s been between 31.4% and 41.2% in each start. It does seem to mark a clear change in attack plan, and after fanning 23.9% of hitters through those 11 starts, he’s up to 29.4% over his past five.

Giolito’s 93.3 mph average fastball is actually up slightly from 2022’s average of 92.7 mph. Home runs remain an issue (1.36 HR/9), and he’s been a bit more homer-prone on the road than in his hitter-friendly home park this year. That’s not the norm, however; the right-hander has allowed more than 1.5 homers per nine innings in his career at home but is at a much more palatable 1.16 mark on the road.

Giolito’s current 3.41 ERA would mark the fourth time in five seasons that he finished with an ERA between 3.41 and 3.53. Last year’s 4.90 looks like a clear outlier that was largely fueled by a career-high .340 average on balls in play. (The White Sox, notably, were among the game’s worst defensive teams in 2022.)

As with all free agents, age is crucial. In Giolito’s case, it’ll work in his favor. He’s 28 years old as of this writing and will turn 29 in mid-July. Even a seven-year contract would “only” carry through his age-35 season. It’s also worth noting that he’s been a frequently speculated trade candidate, and if he’s flipped to another club, he’d be ineligible to receive a qualifying offer. That carries significance in free agency, too.

Giolito might not be an ace, but he’s a surefire playoff starter for any team in Major League Baseball. He’s the second-youngest of the starters on this list with big league experience and has been a workhorse since 2018, ranking 10th among all MLB pitchers with 855 innings pitched in that time. Kevin Gausman (five years, $110MM) and Robbie Ray (five years, $115MM) signed similar contracts that began in their age-30 seasons. Neither had a track record as long as Giolito, who’ll be a year younger in his first free agent season. A six- or even seven-year deal could be in play, depending on how he finishes.

5. Julio Urias, SP, Dodgers: Urias is among the hardest players to peg among this year’s group. On the one hand, he posted a combined 2.63 ERA over 495 1/3 innings from 2019-22 and is slated to hit the open market in advance of age-27 season — a borderline unprecedentedly young age for a top-end starter to become a free agent. On the other, the lefty has been on the injured list for more than a month owing to a hamstring strain. He didn’t pitch all that well before landing on 15-day IL either. In 55 1/3 innings, Urias worked to a pedestrian 4.39 ERA, thanks primarily to a stunning uptick in home runs allowed; after yielding 0.98 homers per nine frames from ’19-’22, he’s allowed an average of 2.28 homers per nine innings in 2023.

That said, the rest of Urias’ numbers look quite similar to his peak output. His 23.3% strikeout rate is down a bit from the 24.7% he posted in 2019-22, but his 4.8% walk rate is notably better than his already strong 6.3% mark. His fastball velocity is right in line with last year’s level (when Urias notched a 2.16 ERA in 175 innings), as is his 10.8% swinging-strike rate. His 34.1% opponents’ chase rate remains strong.

The primary problem isn’t even an uptick in fly-balls, but rather in the percentage of those fly-balls that leave the yard. Entering the 2022 season, just 9.1% of the fly-balls allowed by Urias had become home runs. This year, it’s a staggering 20.3%. Broadly speaking, homer-to-flyball rate is susceptible to short-term spikes and tends to even out over a larger sample, but the uptick in homers hasn’t been well-timed. That’s doubly true given that for all of Urias’ success, he’s neither the flamethrowing powerhouse nor elite misser of bats that modern front offices covet. He’s succeeded thanks to elite command and by regularly limiting hard contact. Urias’ strikeout rates are typically a bit above average, but he’s never placed higher than the 67th percentile of MLB pitchers in overall strikeout rate.

That’s not to say Urias isn’t a desirable arm or won’t be a highly coveted pitcher. Prior to his injury, the MLBTR team had discussed possible contracts in excess of $200MM for the lefty, based both on his age and recent excellence. That’s perhaps a bit harder to see now, even if the current issue is a leg injury rather than an arm problem. Urias has only twice made 30 starts in a season, and he also has one major shoulder surgery already on his record (a 2017 procedure to repair a capsule tear).

A third consecutive 30-start season would’ve helped set aside a perceived lack of durability, but he won’t get there in 2023, even though he’s expected to return from the injured list as soon as this weekend. That’s not because of any arm troubles to date, and it should be noted that part of the reason for his lack of innings was some extreme workload management post-surgery that looks to have been effective, based on Urias’ 2021-22 results. Still, he hasn’t often worked a full starter’s slate of games, he won’t do it in 2023, and he hasn’t generated his typical results when healthy — even if most of the skill-oriented numbers remain similar to prior levels.

Urias will also have a qualifying offer to contend with, which isn’t true of every pitcher on these rankings. He’s undeniably talented and the clear youngest of the bunch, but it’d be easier to predict a massive long-term deal if he returns and starts producing more like he did in that aforementioned four-year peak.

6. Aaron Nola, SP, Phillies: Speaking of top-tier starters who haven’t performed up to expectations, the 30-year-old Nola finds himself in a precarious position. MLB’s consummate workhorse since his 2015 debut, Nola has pitched the third-most innings of the 2024 pitchers who’ve taken a big league mound since 2016 — his first full season in the Majors. Only Gerrit Cole and Max Scherzer have topped Nola’s 1256 1/3 innings in that stretch.

For the majority of that time, Nola has operated on the periphery of ace-dom. He’s only a one-time All-Star and has never won a Cy Young, but the former No. 7 overall pick finished third place in 2017, seventh place in 2020 and fourth place just last year. During his 2017-22 peak, Nola notched a 3.48 ERA, 28.2% strikeout rate, 6.6% walk rate and 47.1% ground-ball rate. His 2022 season featured a terrific 29.1% strikeout rate and an elite 3.6% walk rate over the life of 205 innings — the second-most in all of baseball.

That version of Nola has been nowhere to be found in 2023. Through 105 2/3 innings, he’s posted a pedestrian 4.51 ERA with his lowest strikeout rate (23.9%) since his rookie season back in 2015. Nola’s 6.8% walk rate, while still a very strong mark, is his highest since 2020. He’s allowing more fly-balls than ever before, and unsurprisingly is allowing home runs at a career-worst rate (1.45 HR/9).

Fielding-independent metrics still believe Nola’s above-average strikeout rate, strong walk rate and ability to avoid hard contact ought to be translating to better results; his “expected” ERA is 3.53, per Statcast, while tools like FIP (4.28) and SIERA (4.00) agree he’s been short-changed a bit. Nola’s 65.1% strand rate, in particular, sits about eight percentage points below his career level and below the league average.

Heading into the season, a six- or seven-year deal seemed within reach for one of the game’s most durable and consistently above-average starting pitchers. He’s maintained the “durable” half of that equation, making 17 starts and averaging a hearty 6.22 innings per outing. The results haven’t been there, however, and Nola’s velocity is down about a half mile per hour on most of his pitches. It’s not the platform season he wanted, and even with the so-so results, he’ll surely still have a QO attached to him. There’s still an easy case for a long-term deal here, and a strong second half of the season would quiet a lot of these concerns. To this point, however, Nola has looked more like a mid-rotation starter than someone who’d be fronting a playoff staff.

7. Blake Snell, SP, Padres: Snell has been the best pitcher on the planet for the past month or so, generally erasing a terrible start to the season. This sort of Jekyll & Hyde performance is old hat for the former AL Cy Young winner, who closed out both the 2022 and 2021 seasons in dominant fashion, offsetting a wave of pedestrian starts in each instance. That endorsement of Snell’s past month isn’t even hyperbole; dating back to May 25, Snell has a comical 0.86 ERA with a 66-to-15 K/BB ratio in 42 innings. He’s fanned a massive 44.1% of his opponents against a better-than-average 8.1% walk rate.

Snell’s rollercoaster traits are nothing new, and they may scare some interested suitors in free agency. There’s no skirting the fact that he has a penchant for slow starts to the season, and when Snell is off his game, he can look lost. He doesn’t have pristine command in the first place, and walks become a particularly glaring issue when he’s in a rut. When he’s not as his best, Snell has a tendency to labor through short starts, which can tax a bullpen.

That said, here’s a look at Snell’s past 48 starts: 259 1/3 innings, 3.05 ERA, 33% strikeout rate, 10.1% walk rate, 0.90 HR/9, 36.9% ground-ball rate, .196 opponents’ average. The road he takes to get there may be infuriating at times, both for fans and his organization’s decision-makers, but Snell has clear top-of-the-rotation stuff. He’s currently riding a streak of four straight starts with double-digit strikeouts, during which he’s yielded just three runs.

The Padres can and very likely will make Snell a qualifying offer. He should reject while giving little, if any thought to the contrary. The qualifying offer and general inconsistency might hurt him, but there will also be teams who look at those factors as a possible avenue to signing a starter with genuine No. 1 talent at a cost that isn’t commensurate with those types of arms. Snell will pitch all of the 2024 season at age 31, and paired with his inconsistency, that might cap him at five years. But he should command $20MM per year over that five-year term, making a nine-figure deal within reach …. barring a second-half collapse that heightens concerns about the fluctuations in his performance.

8. Josh Hader, RP, Padres: Rumors of Hader’s demise as an elite closer last summer were greatly exaggerated, it seems. The four-time All-Star was struggling in the weeks leading up to his trade from Milwaukee to San Diego, and he didn’t help his cause when he allowed a dozen August runs following the swap. That slump was capped off by a six-run drubbing at the hands of a lowly Royals offense.

Since then, it’s been business as usual for Hader. The lefty quietly finished out the year with a 0.79 ERA in his final 11 1/3 innings. He was unscored upon from Sept. 7 through season’s end, and he went on to pitch another 5 1/3 shutout innings in the postseason, fanning 10 hitters in the process. Hader is now sitting on a sparkling 1.26 ERA. His 37.8% strikeout rate isn’t quite as high as his ridiculous 47.8% peak in 2019, but he still ranks among the league leaders in strikeout rate.

Since putting that six-run August meltdown against the Royals behind him, here’s Hader’s line (postseason included): 45 1/3 innings, 0.99 ERA, 38% strikeout rate, 9.8% walk rate, 29 saves.

Hader will be a year older in free agency than Edwin Diaz was when he set the relief pitcher record on a five-year, $102MM contract (which includes multiple opt-outs). That slight age gap will matter, but Hader has the longer and steadier track record of the two and could benefit from his handedness. So long as he keeps somewhere near this pace, he’ll take aim at making Diaz’s record short-lived.

9. Marcus Stroman, SP, Cubs: Stroman’s three-year, $71MM contract allows him to opt out of the final year this offseason. In doing so, he’d leave $21MM on the table, but there’s little doubt he’d be able to topple that mark in free agency. Stroman has already received a qualifying offer in his career, meaning he can’t receive a second one. He’s also the current MLB leader in bWAR (3.5) and third in the Majors in RA9-WAR (also 3.5). Through 102 innings, Stroman touts a 2.47 ERA and a 59.3% grounder rate that’s second only to Logan Webb among all qualified pitchers.

Good as Stroman’s results are, there’s some reason to be a bit skeptical on his earning power. He can surely outpace the $21MM he’d leave on the table by opting out, likely securing another multi-year deal in free agency. That said, Stroman’s profile hasn’t really changed since his last foray into the open market. He still has a below-average strikeout rate, and the lower-than-average walk rate he had last time around has crept up to about league average in 2023. He’s inducing more grounders than he has since 2018, but the primary reason for the drop in his ERA has been a career-low home run rate. Just 8.3% of the fly-balls allowed by Stroman have been homers — well shy of his 13.5% career mark.

Homer-to-flyball rate tends to stabilize over larger samples — Stroman was between 12.6% and 13.9% every year from 2018-22, for instance — so teams might essentially view him as the same pitcher he was in the 2021-22 offseason, just a couple years older. One factor working in Stroman’s favor is that the price of pitching has increased since then; Jameson Taillon, Taijuan Walker and Chris Bassitt all helped advance that market last offseason. Bassitt’s three-year, $63MM deal with the Blue Jays should be of particular note. He secured that contract despite being hit with a QO that Stroman won’t have to contend with, and did so heading into his age-34 season. Next year will be Stroman’s age-33 season. He should at least be able to secure a three-year deal at a larger AAV than Bassitt received. A four-year deal with an AAV north of $20MM is also possible.

10. Jordan Montgomery, SP, Cardinals: Montgomery had a pair of rough starts in the season’s first six weeks, allowing seven and six runs in that pair of outings and ballooning his ERA in the process. Things have largely evened out though, and Montgomery’s numbers look just as solid as they did when he was establishing himself as a mid-rotation hurler in the Bronx, Through 92 innings, he’s posted a 3.52 ERA with a 21.9% strikeout rate, 5.9% walk rate and 46.6% grounder rate that all line up neatly with his 2021-22 production.

Montgomery pitched just 31 1/3 big league innings in 2018-19 due to Tommy John surgery and struggled in the shortened 2020 campaign upon his return from that operation. Since Opening Day 2021, however, he carries a 3.66 ERA and matching secondary marks (3.61 FIP, 3.88 SIERA) in 421 innings. If the Cardinals don’t trade Montgomery, he’ll be a natural qualifying offer candidate. He’d very likely reject that one-year offer in search of a multi-year deal in free agency. Montgomery isn’t an ace, but the market rewarded both Taillon (four years, $68MM) and Walker (four years, $72MM) with four-year contracts last winter. Neither had a QO attached to him, but Montgomery, who’ll turn 31 in December, has a better recent track record than both pitchers as well.

Of course, if the Cardinals remain out of the postseason hunt in late July, Montgomery will be a sought-after trade candidate. A trade to another club would render him ineligible to receive a QO. Even if the Cardinals hang onto him and make him a QO, he’ll still reach free agency in search of a comparable or even larger deal than the ones signed by Taillon, Walker and Bassitt. As with Stroman, it’s worth noting that Bassitt was older in free agency than Montgomery will be (by a margin of three years in Montgomery’s case).

Honorable Mentions (listed alphabetically): Harrison Bader, Cody Bellinger, Jeimer Candelario, Sonny Gray, Teoscar Hernandez, Shota Imanaga, Joc Pederson, Eduardo Rodriguez (opt-out), Max Scherzer (player option), Jorge Soler (player option)

Matt Chapman Is Mashing His Way To A Massive Payday

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From 2018-19, the short list of baseball’s best all-around players would’ve unequivocally included then-Athletics third baseman Matt Chapman. The 2014 No. 25 overall pick graduated from top prospect status to everyday big league third baseman in the second half of the 2017 season, and by 2018 he’d thrust himself into the fringes of the American League MVP conversation. Chapman finished sixth in AL MVP voting in 2018 and seventh in an All-Star 2019 season. He batted a combined .263/.348/.507 with 60 home runs between those two seasons, winning Gold Gloves at third base each year. Chapman ranked eighth among all position players with 12 Wins Above Replacement from 2018-19, per FanGraphs.

The A’s had a star third baseman on their hands and were seeing a young core that included Chapman, Matt Olson, Marcus Semien, Frankie Montas, Sean Manaea, Chris Bassitt and Ramon Laureano blossom into the foundation of a perennial contender. That group never advanced beyond the ALDS but did respectively win 97, 97, 34 and 86 games in 2018-21 before the front office tore things down in the 2021-22 offseason as Athletics ownership embarked on a Rachel Phelps-esque plan to push the team out of Oakland.

Part of the reason the A’s missed the postseason in that 86-win 2021 campaign was undoubtedly that Chapman had taken a step back in production following 2020 hip surgery. That’s not to pin the team’s playoff miss solely on the star third baseman, of course, but Chapman’s production dipped in 2020 as his strikeout rate soared to 35.5% while he played through tendinitis and a torn labrum in his hip. His 2021 campaign saw Chapman post a career-worst .210/.314/.403 batting line with a 32.5% strikeout rate — a far cry from the MVP-caliber output he flashed in 2018-19.

Though they were selling at a low point, Oakland still traded Chapman to the Blue Jays amid that 2021-22 offseason teardown, receiving top pitching prospect Gunnar Hoglund, infielder Kevin Smith, left-handed starter Zach Logue (whom they lost on waivers the following winter) and left-handed reliever Kirby Snead. Chapman’s first year in Toronto was solid but still nowhere close to his previous heights; he played top-shelf defense, as always, but his .229/.324/.433 batting line (117 wRC+) was good — not great. He swatted 27 home runs and succeeded in lowering his strikeout rate back beneath the 30% level, but it still sat at a well above-average 27.4%.

Chapman was a good player, to be sure, but from 2020-22 he hit .221/.314/.432. His plus power (64 homers, .211 ISO in 1395 plate appearances) and standout defense still made him a valuable, above-average regular at third base, but he no longer looked like the budding superstar he did during that 2018-19 peak — at least… not until 2023.

We’re just six weeks into the season, but Chapman has not only rebounded substantially from that 2020-22 downturn, he’s eclipsed even his peak levels of production thus far. Through his first 153 trips to the plate, Chapman is hitting .338/.425/.579 with five home runs. His 17 doubles are already more than he hit in the entire 2021 season. The strikeout rate that spiked north of 30% and sat at 27.4% a year ago is down to 25.5%, with reason to believe it could improve further.

Chapman’s 9.7% swinging-strike rate and 25.5% chase rate on pitches off the plate are both markedly better than the respective league averages of 10.9% and 31.4%. That doesn’t guarantee his strikeout rate will come down, but chasing bad pitches and whiffing less often than the league-average hitter should, in theory, eventually push his strikeout rate south of the league average.

Beyond the gains in strikeout rate and contact rate, Chapman is simply decimating the ball when he puts it into play. No one in baseball has a higher average exit velocity than Chapman’s 95.3 MPH mark, and his ludicrous 28.7% barrel rate is the best in MLB by an enormous margin of six percentage points. Aaron Judge is second at 22.7%, and there are only six total hitters in MLB at 20% or higher. An astonishing 67% of Chapman’s batted balls have left the bat at 95 mph or more.

Given the authority with which Chapman is hitting the ball, it’s actually a bit surprising he’s only connected on five home runs. His launch angle is right in line with his 2018-19 levels, and he’s hitting the ball in the air more often than he did in his previous peak years. After hitting a fly-ball in 41.3% of his plate appearances in 2018-19, Chapman is at 47.9% in 2023. A smaller percentage of those fly balls are of the infield variety (8.9% versus 15.9%), too. He’s curiously seen just 11.1% of his flies become home runs this year, compared to the 16.6% rate he enjoyed during his career with Oakland. That’s despite hitting the ball harder now and playing in a more homer-friendly venue; it stands to reason that Chapman’s home run output will be on the upswing sooner than later, provided he maintains this quality of contact.

Maintaining this pace, of course, will be difficult to do. Chapman’s clearly enjoying some good fortune right now, evidenced by a massive .449 average on balls in play. He’s already begun to see some regression, hitting .206/.308/.265 in 39 plate appearances since the calendar flipped to May. That dip in production is attributable not only to a drop in his BABIP, but more concerningly a spike in his strikeout rate. We’re looking at a small sample within a small sample, and the endpoints are admittedly arbitrary, but Chapman has fanned in exactly one-third of his plate appearances this month.

It was never reasonable to expect Chapman, a career .240/.329/.469 hitter entering the season, to sustain a batting average in the high-.300s, of course. But he’s regularly shown an ability to make high-quality contact in the past, so the big thing to keep an eye on with him as he approaches his first trip to free agency at season’s end was always going to be his contact rates.

If Chapman can avoid allowing his recent uptick in whiffs to snowball, then a return to peak levels or even the establishment of a new peak output is firmly in play. He’s still walking at an excellent 11.8% clip, after all, and his glovework at third base remains well-regarded. Statcast currently has him at one out below average but also tabs him in the 83rd percentile in terms of arm strength. He’s been credited with five Defensive Runs Saved already, and he’s sporting a 3.1 Ultimate Zone Rating. To date, Chapman has only made two errors this season.

His ability to sustain his elite contact and avoid reverting to his bloated strikeout rates over the next five months will be particularly telling. While Chapman once looked like he’d be the third-best free agent at his own position, the equation has changed substantially. Both Rafael Devers and Manny Machado signed long-term extensions to keep them in Boston and San Diego, respectively, leaving Chapman as the clear No. 1 third baseman on the market.

At this rate, however, Chapman won’t be just the clear top option at third base — he looks like he’ll be far and away the best position player on the market (excluding two-way phenom Shohei Ohtani, who’s in a free-agent tier unto himself). The upcoming free-agent class is utterly devoid of impact bats. Teoscar Hernandez, a resurgent Cody Bellinger, a somewhat resurgent Joey Gallo, and Hunter Renfroe look like the top bats who’ll be available. There’s still some time for that to change — a torrid summer from Javier Baez or Josh Bell could alter the calculus, for instance — but right now the market for position players is decidedly bleak.

When we were first kicking around thoughts and ideas for the initial installment of our 2023-24 Free Agent Power Rankings, MLBTR owner Tim Dierkes floated the idea of Chapman surpassing a $200MM guarantee. That was on April 4. The number felt jarring and unrealistic, and he received plenty of pushback on the idea due to Chapman’s hip surgery, uptick in strikeouts and general downturn in production since 2020.

Just a few weeks later, that type of contract feels far, far more plausible. Chapman has been the best hitter in baseball for nearly a quarter of the season, and the market surrounding him will be among the thinnest in recent memory. Perhaps that’ll lead to an uptick in trade activity throughout the league, but for teams looking to pad their roster without depleting the farm system (and without spending half a billion dollars on Ohtani), Chapman currently looks like he’ll be the best bet. Add in his defensive prowess and the fact that he won’t turn 31 until late next April — plus last year’s spike in ultra-long, CBT-skirting contracts — and it increasingly looks like Chapman and agent Scott Boras will be in prime position to break the bank.

2023-24 MLB Free Agent Power Rankings

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Welcome to the year’s first edition of the 2023-24 MLB free agent power rankings!  With this series we will attempt to rank players who are on track for free agency after the 2023 season, by measure of their estimated earning power.

MLBTR will take periodic looks at the top of the class from now through the remainder of the season.  Season performance will start to influence these rankings, but 11 or 12 games into the season, it’s not much of a factor in the April edition.  By the end of the season, 2023 results will matter quite a bit.  A strong platform year can elevate any player’s status in free agency, just as a poor walk year can tank their stock.

For the full list of 2023-24 MLB free agents, click here.

Our power rankings are compiled collaboratively by myself and MLBTR writers Anthony Franco, Steve Adams, and Darragh McDonald.  Players with opt-out clauses and player options are included, even if they’ve previously given indications they may forgo the opportunity to return to the market.

The 2023-24 MLB free agent class is an odd one.  It’s headed up by Shohei Ohtani, the Angels’ incredible two-way superstar, but seems to fall short of last winter’s class that was led by Aaron Judge and four star shortstops.

As can often happen, the 2023-24 class has had some of its thunder stolen by extensions.  Notably, Manny Machado and Rafael Devers inked extensions in excess of $300MM.  Yu Darvish and Miles Mikolas came off the market this year as well.  Other players who would have been free agents after ’23 had they not signed extensions include Matt Olson, Tyler Glasnow, Luis Castillo, Ozzie Albies, Yoan Moncada, Ryan McMahon, and Kyle Freeland.  And just a few hours prior to the publishing of this list, the Cubs agreed to an odd three-year deal to retain Ian Happ, who had been ranked eighth.  Additional players from the list below may also come off the board with extensions before free agency opens in November.

Let’s get to it!

1.  Shohei Ohtani, SP/DH, Angels:  Ohtani signed with the Angels in December 2017, generating significant hype given his ability to serve as both a starting pitcher and regular designated hitter.  He’d done so for five years as a member of NPB’s Nippon Ham Fighters.  No one knew how this experiment would go, as even Babe Ruth quickly phased out pitching after he started setting home run records in 1919.

Scouts were skeptical, but Ohtani posted a huge 149 wRC+ in 367 plate appearances as a rookie, while also pitching to a 3.31 ERA in ten starts.  The performance netted him the AL Rookie of the Year award in 2018.  But aside from dealing with blisters that year, Ohtani came down with an elbow sprain in June.  He got a platelet-rich plasma injection, stopped pitching for the season, and continued hitting.  He returned to the mound for a brief outing in September that year, and then underwent Tommy John surgery after the season ended.

Ohtani was still able to hit in 2019, returning in May of that year and posting a 120 wRC+ on the season.  That campaign ended early with surgery to address a bipartite patella in his left knee.  The pandemic delayed the start of the 2020 season, resulting in a gap of nearly two years between Major League pitching appearances for Ohtani.

Based on where he went in my fantasy baseball drafts in March 2021, expectations were relatively low for Ohtani entering that season.  Ohtani shattered those expectations, winning the AL MVP award in ’21 and finishing second in ’22.  He posted a 146 wRC+ with 80 home runs in 1,305 plate appearances during that time.  Ohtani also made 51 starts across 296 1/3 innings, posting a 2.70 ERA and 31.4 K%.  His pitching performance netted a fourth place Cy Young finish in 2022.

Over the past two seasons, Ohtani accomplished what many thought simply could not be done in modern MLB.  Ohtani, who turns 29 in July, is simultaneously one of the best hitters and pitchers in MLB.  He was worth 17.5 WAR from 2021-22, edging out Aaron Judge for the best in the game.  Ohtani is a once-in-a-lifetime sensation at the peak of his abilities.

Ohtani is earning an arbitration-record $30MM this year, and he’s on track for free agency after the season.  Angels owner Arte Moreno was unwilling to part with Ohtani despite trade offers last summer, just as he was ultimately unwilling to sell his team this winter despite soliciting bids.  Moreno hopes to retain his two-way star, but told reporters, “Ohtani has to want to be here too.”  Moreno expressed willingness to go over the competitive balance tax threshold, but also admitted that the club has not had discussions with Ohtani.

The Angels have never had a winning season in Ohtani’s five years with the club, though that might change in 2023.  Asked about the extension possibility in February, agent Nez Balelo said, “I’ve always been open to it. But there’s several layers to this one, and Shohei’s earned the right to play through the year, explore free agency, and we’ll see where it shakes out.”

So, what actually drives Shohei Ohtani?  There’s evidence it’s not entirely money, since he chose to come to MLB at age 23.  His age limited him to a $2.3MM signing bonus, when waiting two more years could’ve resulted in over $100MM more.  Ohtani’s six other finalists in 2017 were the Mariners, Rangers, Cubs, Padres, Dodgers and Giants.  At the time, Balelo said, “While there has been much speculation about what would drive Shohei’s decision, what mattered to him most wasn’t market size, time zone or league but that he felt a true bond with the Angels.”

Still, many have noted that most of Ohtani’s finalists were on the West Coast.  And it’s certainly logical that after accomplishing so much as an individual, Ohtani will focus on joining a team he believes will be a perennial contender.  The Dodgers and Padres are oft-cited potential matches, and most expect the Mets to be heavily involved.  The Giants took two large swings at star players last winter, and the Yankees and Mariners shouldn’t be discounted.  I’m sure you could name a half-dozen at least semi-reasonable fits.  In terms of payroll commitments for 2024 and beyond, the Dodgers, Giants, and Mariners are much better-positioned than the Yankees, Padres, and Mets, though it’s difficult to picture Steve Cohen staying out of the fray.

The largest contract in MLB history remains Mookie Betts’ 12-year, $365MM extension in July 2020, though it included significant deferrals.  Ohtani’s teammate Mike Trout received $360MM in new money back in 2019.  So no one has even signed for $400MM yet, though the Padres reportedly offered Judge around $415MM and the Nationals offered Juan Soto $440MM.

No one doubts that Ohtani will become the first player to truly top the $400MM barrier, and common speculation is that he will reach $500MM.  Where will the bidding stop for a generational talent and marketing bonanza such as Ohtani?  I’m not willing to rule out a $600MM contract, though perhaps something in the $550MM range could represent a sweet spot.

The 2022-23 offseason included a trend toward extra-long contracts, with Machado, Trea Turner, and Xander Bogaerts all getting 11-year contracts paying through age 40.  The goal of those was to reduce the average annual value and accompanying CBT hit.  Going through age 40 would mean a 12-year contract for Ohtani, though I personally think a 14-year term has a chance of passing MLB’s scrutiny.  It’s been suggested that the Padres’ concept of paying Judge through age 44 wouldn’t have passed muster, but that’s not to say going through age 42 is off the table.

If Ohtani aims for maximum dollars and the $40MM standard only Judge has achieved on a long-term deal, I think 14 years and $560MM could be an end point.  There’s also an argument that since Ohtani is both an elite hitter and pitcher, he should land an average annual value in excess of $45MM or even $50MM.  Max Scherzer currently holds the record at $43,333,333.33 per year, though only Judge received $40MM for more than three years.

I could also be wildly wrong and Ohtani could fall well short of the $560MM guess.  Nor do I have any idea whether Ohtani will accept the largest deal proposed to him.  Buckle up for what could be the most fascinating and frenzied free agency in MLBTR’s 17-year history.  Our Ohtani page can be found here, which we’ll be beefing up with some additional quality content soon.

2.  Julio Urias, SP, Dodgers:  Urias may not generate the hype of Ohtani, but the lefty is a former prodigy in his own right and our clear #2 for earning power in this free agent class.  After being handled carefully as a minor leaguer, Urias made his Major League debut for the Dodgers at the age of 19, way back in 2016.  His pitch counts were kept low, and at the end of a successful season Urias made two playoff appearances for the Dodgers, including an NLCS start.

Unfortunately, Urias came down with a serious shoulder injury in June 2017, and anterior capsule surgery was required.  He went nearly 16 months between MLB appearances.  In 2019, Urias was again handled carefully, pitching out of the bullpen more often than the rotation.  That year, he was arrested on suspicion of domestic violence, according to the LAPD.  MLB ultimately issued a 20-game suspension.

Urias entered 2020 without restrictions, and wound up making ten starts in the pandemic-shortened season.  He was utilized creatively in the postseason that year, making two starts and four multi-inning relief appearances.  Urias memorably got the last seven outs in Game 6 of the 2020 World Series, freezing Willy Adames with a called strike for the last one and getting mobbed by his Dodgers teammates after winning it all.

Urias further turned a corner in 2021, topping 200 innings between the regular season and postseason – easily a career-high.  He won 20 games with a 2.96 ERA and finished seventh in the NL Cy Young voting.  He followed that up in 2022 with a third-place Cy Young finish and an NL-best 2.16 ERA.

Despite a 2.57 ERA from 2021-22 that ranked second among all qualified starters, Urias can’t quite be described as dominant.  His 25.2 K% during that time was still above-average, ranking 21st among starters.  His pinpoint control was even better, with a 5.5 BB% that ranked ninth.  Much of Urias’ success can be attributed to his ability to limit hard contact.  His BABIP was just .251 from 2021-22, third-lowest in MLB, and his Statcast hard-hit rate ranked second each year.  Urias is not particularly adept at getting groundballs, but fewer of the flyballs he allows leave the yard.

So Urias’ case as one of the best pitchers in baseball is based more on great control and weak contact than it is punching out batters.  His results are undeniable.  But the factor that sends his earning power through the roof is his age: he does not turn 27 until August.  Because players so rarely debut at the age of 19, it follows that a free agent ace entering his age-27 season is extremely uncommon.  We have seen it on the position player side, such as Bryce Harper and Manny Machado hitting free agency in advance of their age-26 campaigns.

Pitchers are seen as greater risks than position players, so Harper’s 13-year term probably isn’t happening with Urias.  On the other hand, last offseason’s trend for star free agents was all about reaching a specific total, with the years and average annual value being secondary.  Agent Scott Boras likely has a clear target to attempt to top: Stephen Strasburg’s $245MM, a contract he brokered in December 2019.  If getting there requires a term that would’ve previously been considered untenable, such as nine or ten years, that wouldn’t shock me.

It is worth noting that Strasburg’s contract has been a disaster due to injuries.  Urias’ shoulder surgery will be more than six years behind him when he hits free agency, but a clean bill of health will be crucial to any monster long-term deal.  There’s also the matter of Urias’ good-but-not-amazing strikeout rate in an age where some starters can whiff more than 30% of batters faced.  Urias doesn’t have that, and his fastball averages 93 miles per hour rather than 97.  So while I think Boras’ goal and expectation will be $250MM+, it remains to be seen whether Urias can secure the second-largest pitcher contract of all-time behind Gerrit Cole’s $324MM.

Where do the Dodgers stand on Urias?  The club has been perfectly willing to let star free agents leave, while also retaining other long-time Dodgers or occasionally plucking a top free agent from another team.  In other words, there’s no way to know their intentions with Urias based on their history.  I will say that I could see the potential risk being too high for the Dodgers, and it’s possible they focus their efforts on Ohtani or other top free agent pitchers.

3.  Aaron Nola, SP, Phillies:  Nola and Urias will make for an interesting comparison, if both reach the open market after the season.

Nola turns 30 in June, so he’s about three years older than Urias.  Nola was drafted seventh overall by the Phillies in 2014 out of Louisiana State, making his MLB debut the following year at the age of 22.  He was seen as more of a high floor than a high ceiling pitcher at the time.

Nola experienced an early-career hiccup in August of 2016, when he hit the IL for an elbow strain.  That injury ended Nola’s season after 20 starts.  Nola was able to recover from the strain without surgery, and has not gone on the IL for an arm injury since.  Furthermore, Nola has become the game’s preeminent workhorse, leading all pitchers in innings from 2018-22.

Nola is much more ace than innings guy, however, having turned a corner in 2018 with a third-place Cy Young finish.  He also finished seventh in 2020, and fourth in ’22.  Like Urias, Nola works around 93 miles per hour, but the Phillies’ righty has racked up strikeouts at an elite clip.  From 2020-22, Nola whiffed 30% of batters faced, ninth in MLB among qualified starters.  His control is even better than that of Urias, with a 4.9 BB% during that time that ranked fourth among starters.

Nola added his first playoff experience last year in the Phillies’ run to the World Series.  A pair of excellent starts helped the Phillies advance, though he faltered in the NLCS and World Series.

Nola’s groundball rate has slipped in recent years, and his Statcast marks haven’t been consistently excellent the way Urias’ have.  That means Nola’s home run rate and batting average on balls in play can fluctuate season-to-season.  That’s how he was able to post a 2.37 ERA in 2018 but a 4.63 mark in 2021 despite arguably demonstrating better skills in the latter season.

Back when Nola had three years of MLB service, he inked a four-year extension with the Phillies that included a club option on a fifth year, which the Phillies gladly exercised.  If he remains healthy and effective in 2023, a contract north of $200MM has to be in play if Nola reaches the open market.

Nola and the Phillies have shown mutual interest in a contract extension this year, with offers being exchanged in February.  Talks were tabled when an agreement could not be reached prior to the season, but both Phillies president of baseball operations Dave Dombrowski and agent Joe Longo spoke positively of rekindling discussions after the season.  That can be difficult when free agency is days rather than months or years away, but it has happened before and remains a possibility here.

4.  Yoshinobu Yamamoto, SP, Orix Buffaloes: Back in February, Joel Sherman of the New York Post wrote that there is “strong belief among MLB teams” that Yamamoto will be posted by the Buffaloes after the season.  As MLBTR’s Steve Adams wrote, “Yamamoto is already a four-time NPB All-Star and has taken home both the Pacific League MVP Award and the Sawamura Award (Japan’s equivalent to MLB’s Cy Young Award) in each of the past two seasons.”

Adams compiled stats and various scouting reports suggesting Yamamoto could profile as an ace or something close to it in MLB as well.  But the kicker is that Yamamoto doesn’t turn 25 until August, so he’s two years younger than even Urias.  Pitchers this good and this young can basically only come through international free agency, and Yamamoto will be right at the age that allows for the full bidding war that Ohtani passed on when he came over.

Masahiro Tanaka comes to mind as a someone who moved from NPB to MLB at the same age and at a time when there was open bidding on posted players.  Tanaka’s deal with the Yankees was finalized in January 2014.  That was a seven-year, $155MM contract plus a $20MM posting fee.  That contract notably included an opt-out clause after the fourth season.

The current posting agreement calls for 20% of the first $25MM, 17.5% of the next $25MM, and 15% of the remainder.  Using a $200MM contract as an example, the posting fee would be $31.875MM.  The posting fee is not part of the competitive balance tax calculation, however, presenting a carrot to teams that carry payrolls high enough to be affected by the CBT.

Ten years after the Tanaka deal, I feel Yamamoto is indeed capable of reaching $200MM before accounting for a posting fee.  However, in this age where teams try to stretch out contracts as long as possible, given his youth Yamamoto might prefer either the flexibility to opt out, the total expiration of the contract while he’s still young enough to be a desirable free agent again, or both.  Though Ohtani will loom large over this offseason, Yamamoto getting posted would be a huge story in its own right.

5.  Matt Chapman, 3B, Blue Jays:  The conversation about Matt Chapman starts with his stellar defense at third base.  Since breaking in with the A’s in 2017, Chapman has snagged three Gold Glove awards, most recently in 2021.

Statcast Outs Above Average backs up Chapman’s defensive excellence, as he’s ranked in the top four at third base in 2017, ’18, and ’19 and first in ’21.  Pandemic-shortened season aside, the only interruption in Chapman’s run of top-shelf defense, at least according to the numbers, was in 2022.  He graded out as more of an average defender last year.  While Chapman’s reputation deservedly holds strong, a strong showing this year will only help his earning power in free agency.

From 2018-19 with the A’s, Chapman’s bat aligned with his glove to push him into 6-WAR superstar territory.  Chapman posted a 132 wRC+ during that time, mashing 60 home runs.  Chapman’s strikeout rate climbed to a dangerous level in the shortened 2020 season, and then he underwent surgery to repair a torn right hip labrum in September of that year.  Chapman had his worst year with the bat in 2021, and the A’s shipped him to Toronto in March 2022 as part of their post-lockout fire sale.

Chapman’s strikeout rate climbed and his batting average plummeted since 2020, though he’s remained an above-average hitter.  He posted a solid 117 wRC+ in 2022, with 90th percentile-range Statcast metrics suggesting room for more.  That has indeed been the case in the early going of 2023, though it’s only been 48 plate appearances at the time of this writing.

Chapman’s 30th birthday is approaching this month, so he’ll play next year at 31.  That could invite comparisons to the free agent contracts signed by Marcus Semien and George Springer, with seven and six-year terms respectively.

However, I keep harping on how the old free agency principles went out the window last winter, so Chapman and agent Scott Boras are hardly limited to a seven-year term.  It’s not difficult to picture a return to the 6-WAR level for Chapman this year and a contract expectation north of $200MM.

Asked about free agency in February, Chapman said all the right things, but there’s no known momentum toward a long-term deal with the Blue Jays.  With fellow third basemen Manny Machado and Rafael Devers staying put, Chapman has emerged as the top non-Ohtani free agent position player of the 2023-24 free agent class.

6.  Lucas Giolito, SP, White Sox: Giolito was drafted 16th overall by the Nationals in 2012 out of Harvard-Westlake High School.  He was a key piece on the trade that sent Adam Eaton to the Nats in December 2016.

Giolito struggled mightily in his first full season in the Majors in 2018, and then did a complete about-face in 2019 by making the All-Star team and finishing sixth in the AL Cy Young voting.  He finished seventh and 11th in the years that followed, posting a 3.47 ERA with a 30.7 K% from 2019-21.

Giolito’s performance fell off quite a bit in 2022.  His average fastball velocity dropped from 93.9 miles per hour to 92.6, and his strikeout and walk rates both went in the wrong direction.  While Giolito’s spin rates did go down quite a bit with the June 2021 sticky stuff crackdown, that’s overly simplistic as a complete explanation for his decline.  As John Foley of Pitcher List wrote, “Rather than it being one clear issue to blame, it seems Giolito dealt with a number of seemingly smaller things – perhaps the early season core injury, the COVID illness, the new bulk on his frame, or the changed ability to grip the ball, or some combination thereof – that resulted in subtle mechanical tweaks that decreased the quality of his stuff, reduced the deception in his delivery, and broke down how well his pitches tunneled together.”

It’s far too early to tell whether Giolito will right the ship in 2023.  And even if Giolito doesn’t come all the way back to his 2019-21 levels, he reinvented himself once before, and there are teams that have had more success coaxing the most out of starting pitchers than the White Sox.  For all the extensions the White Sox have worked out, a deal with Giolito doesn’t appear to be in the cards.  Giolito, still only 29 in July, figures to secure an opt-out if his 2023 performance disappoints.

7.  Teoscar Hernandez – RF, Mariners:  Hernandez was signed by the Astros for $20K out of the Dominican Republic in 2011.  The club shipped Hernandez and Nori Aoki to the Blue Jays for Francisco Liriano at the 2017 trade deadline.  Prior to that season, Hernandez was considered a 55-grade prospect by Baseball America.

Jose Bautista’s departure opened up a spot for Hernandez in 2018, and he became a starter at the outfield corners for the Jays.  After a couple years of slightly above-average offensive production, Hernandez turned a corner in 2020 with a 142 wRC+ and 16 homers in 207 plate appearances.  That power was no fluke, as Hernandez posted a 131 wRC+ from 2021-22 with 57 home runs, cutting his strikeout rate a bit as an added bonus.  He picked up Silver Slugger awards and MVP votes in both ’20 and ’21.

Overall as a hitter, Hernandez is known for big power, top of the chart Statcast metrics, a still-high strikeout rate, and a middling walk rate.  Though he has a strong arm, Hernandez’s right field defense typically grades as below-average.  Since 2020, the total package has resulted in about 4 WAR per 650 plate appearances.  Hernandez has not actually reached that plate appearance plateau, however, as he’s had IL stints for multiple oblique strains.  He’s set to turn 31 in October.

Seeking a controllable bullpen arm and perhaps some payroll flexibility, the Blue Jays traded Hernandez to the Mariners last November for setup man Erik Swanson as well as prospect Adam Macko.  The Mariners have given no signal an extension is in the works for Hernandez, and they beat him in an arbitration hearing in February.  He may wind up a one-year rental for Seattle.

As a free agent, Hernandez gives off some Nick Castellanos vibes, though we think he can top that player’s $100MM deal.  Hernandez lost a key competitor in the market with Ian Happ signing a three-year extension with the Cubs.

8.  Jordan Montgomery, SP – Cardinals: Montgomery, a 30-year-old lefty, was drafted by the Yankees in the fourth round out of the University of South Carolina back in 2014.  He was able to land the team’s fifth starter job out of camp as a rookie in 2017, though he was not needed until April 12th.

Montgomery had a strong year for the 2017 Yankees despite getting pushed out of the rotation occasionally due to the team’s trades, putting up a 3.88 ERA in 29 starts and finishing sixth in the AL Rookie of the Year voting.

Montgomery opened 2018 as the Yankees’ fifth starter once again, but unfortunately went down for Tommy John surgery in June.  His recovery resulted in a 16.5 month gap between MLB appearances, as the lefty got in a couple of brief September appearances in ’19.  Pandemic year aside, Montgomery returned to his rookie-year level of performance with a solid 2021 season for New York.

At the trade deadline last year, the Yankees made the surprising choice to ship Montgomery to the Cardinals for center fielder Harrison Bader, who was on the IL at the time.  The jury is still out on that trade, but thus far in 13 starts for the Cardinals running into this year, Montgomery has posted a 2.97 ERA.  He also contributed a scoreless appearance for the Cards in last year’s Wild Card game.

Montgomery has bumped up his velocity post Tommy John, now working above 93 miles per hour on average.  Last year he posted a 21.8 K% that improved when he joined the Cardinals, as well as a fine 5% walk rate that fits with his strong control.  It’ll be interesting to see if Montgomery can continue to push his strikeout rate forward, which would only help his earning power.

MLBTR’s Anthony Franco and Steve Adams pushed for Montgomery to get a spot on this list, suggesting a strong season could vault him past the new Jameson Taillon–Taijuan Walker $70MM tier, perhaps to the $100MM range.  He’s got upside to climb as high as sixth in our power rankings this year.

9.  Josh Hader, RP – Padres:  Hader was a 19th round draft pick by the Orioles out of Maryland’s Old Mill High School back in 2012.  At the 2013 trade deadline, the Orioles sent Hader, L.J. Hoes, and a competitive balance round A pick to the Astros for Bud Norris.  Two years later, however, the Astros sent Hader, Adrian Houser, Brett Phillips, and Domingo Santana to the Brewers for Mike Fiers, Carlos Gomez, and cash.  So that makes two players on this list who were traded away as Astros prospects by Jeff Luhnow.

Hader made his MLB debut for the Brewers in 2017 as a reliever.  At the time, he was still thought to be a starter long-term.  However, as sometimes happens, Hader was so good in the bullpen that the Brewers were never willing or able to move him back into a starting role.  He made his first All-Star team with a dominant 2018, posting an obscene 46.7 K% and finishing seventh in the Cy Young voting.  Hader was used as a multi-inning weapon that year, getting more than three outs 33 times and averaging 1.47 innings per appearance.

The following year, Hader replicated his huge strikeout rate and made another All-Star team.  It was also the last time he averaged more than an inning per appearance.  He racked up 37 saves and inched closer to being used in a traditional stopper role.  Hader made All-Star teams again in ’21 and ’22.

At last year’s trade deadline, three games up in the NL Central, the Brewers attempted to thread the needle by trading Hader to the Padres.  In theory, they could shed some payroll in ’22 and ’23, replace Hader in the bullpen with Taylor Rogers, and pick up prospects Esteury Ruiz and Robert Gasser along the way.  While that plan did not pan out for Milwaukee, Hader also had a rough entry to his Padres career.  He’d already torched his ERA in two appearances prior to the trade, and then shortly after joining the Padres allowed 12 earned runs in three innings.

Hader then righted the ship for the Padres, closing out the regular season by allowing one run in 11 1/3 innings.  He then dropped an additional 5 1/3 scoreless innings in a dominant postseason.  The Padres had no problem paying Hader $14.1MM for his final arbitration year in ’23.

Hader is a lanky 29-year-old lefty who has generally worked in the 95-97 mile per hour range.  He remains capable of striking out more than 40% of batters faced, allowing 10-11% to reach base via the free pass.  The walks can be less than ideal, and Hader has also been burned by the longball at times.  He’s a flyball pitcher, made worse by a 14% career home run per flyball rate.  In a 60-inning season it would be normal for Hader to allow seven or eight home runs, and in 2019 he gave up 15 bombs.

Despite those flaws, Hader can still be one of baseball’s most dominant relievers, hugely valuable for teams with postseason expectations.  Edwin Diaz’s record five-year, $102MM deal could be in play for Hader with a big year, or perhaps he could land in the $80-90MM range occupied by Kenley Jansen and Aroldis Chapman in the 2016-17 offseason.

10.  Blake Snell, SP – Padres: Snell, 31 in December, was drafted 52nd overall by the Rays in 2011 out of Shorewood High School in Washington.  He was a supplemental draft pick the Rays received for the loss of free agent Brad Hawpe.

Prior to his 2016 Major League debut, Snell ascended to become a consensus top-15 prospect in the game.  The lefty didn’t really settle into the Rays’ rotation until the end of 2017.  2018 was a special year for Snell, as he won the AL Cy Young award, also making the All-Star team and grabbing MVP votes.  His 1.89 ERA topped the American League, and he won 21 games while pitching a career-high 180 2/3 innings.  That was the year Snell’s strikeout rate shot upward past 30%, a level he’s maintained since.  Snell’s dominant 2018 performance led to a five-year, $50MM contract extension prior to 2019.

In July of 2019, Snell underwent arthroscopic elbow surgery, knocking him out for nearly two months.  He made it through the shortened 2020 season unscathed, famously getting pulled by manager Kevin Cash in Game 6 of the World Series after 73 pitches and 5 1/3 innings, having allowed one run on two hits.

Two months later, the Rays moved on from Snell, trading him to the Padres for four players.  He tallied 256 2/3 innings from 2021-22, including time missed for gastroenteritis and multiple groin strains.

Snell received a cortisone shot for his elbow in February 2020, but technically he hasn’t been on the IL for an arm injury since his surgery nearly four years ago.  The knock on Snell is less health and more that he’s never been one to go deep into games.  He averaged over 5.8 innings per start in his Cy Young season, but has otherwise come in south of 5.4.  And from 2019-21, he managed only 4.7 innings per start.  Part of the issue is Snell’s walk rate, which sits north of 10% for his career and can climb above 12%.  In 2022, the average starting pitcher worked 5.2 innings per start, walking 7.5% of batters.

As a lefty working at 95-96 miles per hour, Snell still has the ability to dominate, as evidenced by his high strikeout rates.  And the game has been trending toward shorter starts, with teams increasingly reluctant to let their starter face a lineup a third time.  Snell’s 5.33 innings per start in 2022 ranked 81st in MLB among those with at least 15 starts.  While that’s not impressive, it also wasn’t far off from Charlie Morton (5.55), Jameson Taillon (5.53), Nathan Eovaldi (5.46), Taijuan Walker (5.42), Lucas Giolito and Luis Severino (5.37).  It’s also ahead of several players who got $12MM+ per year in free agency, like Jose Quintana, Ross Stripling, and Mike Clevinger.

Perhaps Snell’s Cy Young season created unreasonable expectations, but he remains a very good pitcher with ample postseason experience.  With a typical season, he should be able to top Taijuan Walker’s four-year, $72MM deal.

Honorable Mentions

Other players considered for this list, or who have a chance to play their way onto it, include Max Scherzer, Luis Severino, Tyler Mahle, Sean Manaea, Harrison Bader, Michael Conforto, Amed Rosario, and Jung Hoo Lee.  Of course, one of the best parts of baseball is surprising performances, and we’ll revisit the 2023-24 MLB Free Agent Power Rankings every month.

AL Notes: Chapman, Andrus, Orioles

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Blue Jays third baseman Matt Chapman is entering his second and potentially final season in Toronto, as he looks set to hit free agency at season’s end. The 29-year-old addressed his long term future with the organization with Gregor Chisholm of the Toronto Star, saying he’s open to an extension but realistic about his future.

“I know the Blue Jays enjoy having me here and want to continue having me here,” Chapman said. “I know I want to continue to be here and be a part of this team. I’m sure conversations will be had along the way but, when I signed that two-year deal, I was anticipating they would have to pay Bo and Vladdy and all these young guys.”

With Manny Machado seemingly headed for the open market next winter, Chapman figures to be the second best third baseman available. Offensively he’s hit 27 home runs in each of the past two seasons, and has hit at least 24 in the last four 162-game seasons, while his glove has been worth 18 Outs Above Average over the past two seasons and 40 over his career. Another quality season should set Chapman up to do very well in free agency, whether that be for the Blue Jays or elsewhere.

Here’s some more bit and pieces from around the American League as full squad workouts begin:

  • The White Sox made their signing of infielder Elvis Andrus official today, confirming the one-year, $3MM deal. General manager Rick Hahn addressed the signing with reporters (including Scott Merkin of MLB.com) in Arizona, confirming the expectation is that Andrus will be Chicago’s everyday second baseman. Leury Garcia, Romy Gonzalez, Yolbert Sanchez, Lenyn Sosa and non-roster invite Hanser Alberto were all the previous candidates to man second, but Andrus will bump some combination of those players into bench/utility roles. With Tim Anderson entrenched at shortstop, this will be the first time Andrus has logged time at another defensive position, as all of his career 16,606 innings in the field have come at short. There seems little doubt about Andrus’ ability to handle second of course, given his track record of quality glove work at the more demanding shortstop position.
  • Speaking of free agency, Roch Kubatko of MASN reports that the Orioles are still involved in the free agency market, and have their eyes on a few major league players. Jurickson Profar stands out as comfortably the highest-profile player remaining in a very thin free agent field. Profar does make some sense as an upgrade over Austin Hays in left field, although it’s also not an obvious fit. Ken Rosenthal of The Athletic did report back in January that the Orioles were involved in Profar, although they didn’t appear particularly confident of getting a deal done. Outside of Profar, there’s no available free agent who’d drastically alter Baltimore’s payroll for the upcoming season, but it is worth noting here CEO John Angelos’ comments about the team’s payroll moving forward.

 

AL Injury Notes: Anderson, Tigers, Odorizzi, Chapman

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As the injury bug continues to bite the White Sox, Tim Anderson is at least nearing a return.  Manager Tony La Russa told reporters (including MLB.com’s Scott Merkin) that Anderson is scheduled to begin a Triple-A rehab assignment on Tuesday.  Anderson suffered a groin strain in Chicago’s May 29 game, and at the time, La Russa estimated the star shortstop would need about three weeks of recovery time.  This rehab assignment would seemingly put Anderson right on track to match or even beat that projection.

The South Side would love to have Anderson back as soon as possible, given how he was on pace for possibly the best season of his already-standout career.  Anderson hit .356/.393/.503 with five home runs over his first 173 plate appearances, plus a perfect 8-for-8 mark in stealing bases.  With Eloy Jimenez still on the IL and Yasmani Grandal now nursing a sore hamstring, Anderson’s return is a much-needed boost for a struggling White Sox lineup.

More injury updates from around the American League…

  • Tigers manager A.J. Hinch told The Detroit News’ Chris McCosky and other reporters that Tyler Alexander (elbow sprain) could be activated from the 15-day IL as soon as Tuesday, though the team hasn’t yet decided on Alexander’s next step after the southpaw has seemingly completed his rehab work.  Eduardo Rodriguez (ribcage sprain) was tentatively slated to return from his own rehab assignment this week, but that timeline is now up in the air since Rodriguez is away on a personal matter.  Meanwhile, reliever Jose Cisnero (shoulder strain) was about to begin his own rehab assignment but has now been shut down for two weeks due to soreness in his right Achilles tendon.
  • For the first since suffering a lower-leg injury almost a month ago, Jake Odorizzi joined the Astros’ other pitchers in fielding drills today.  Manager Dusty Baker told FOX 26’s Mark Berman (Twitter links) and other reporters that Odorizzi’s return to these drills is “kind of like the final hurdle” in determining the right-hander’s readiness.  The next step is gradually bringing Odorizzi along, as the pitcher told Berman and company that he was going at around “50-60%” in his first workout, and he’ll continue to slowly ramp up.
  • Matt Chapman has missed the Blue Jays’ last two games due to a sore right wrist.  Manager Charlie Montoyo told Sportsnet’s Ben Nicholson-Smith and other reporters that Chapman “couldn’t even pinch-hit today,” though the third baseman is still considered day-to-day with the injury.  Imaging hasn’t yet been done on Chapman’s wrist, which Nicholson-Smith notes is an indication that the Jays believe the injury isn’t too serious.

Blue Jays, Matt Chapman Agree To Two-Year Deal

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The Blue Jays and newly acquired third baseman Matt Chapman avoided arbitration by agreeing to a two-year, $25MM contract, ESPN’s Jeff Passan reports. The deal will buy out Chapman’s final two arbitration seasons but does not extend Toronto’s club control over the two-time Platinum Glover. Chapman, a client of the Boras Corporation, will receive a $1MM signing bonus and consecutive salaries of $12MM on the deal, tweets MLB Network’s Jon Heyman.

MLBTR contributor Matt Swartz had projected Chapman to earn $9.5MM this coming season, and he would’ve earned one more raise in 2023 before reaching free agency in the 2023-24 offseason. Taking into account that $9.5MM projection, Chapman’s $25MM guarantee effectively puts a $14.5MM price on that third-time arbitration salary, which seems well within the realm of plausible outcomes.

The new contract doesn’t change much in terms of Chapman’s outlook, though it gives him some financial security in the event of a major injury or further downturn at the plate. The Jays, meanwhile, get some payroll certainty not only for this season but also in 2023 — and they also avoid a need to dedicate any time or resources to arbitration talks with Chapman next winter.

Acquired last week in a trade that sent prospects Gunnar Hoglund, Kevin Smith, Zach Logue and Kirby Snead to Oakland, Chapman heads to Toronto in search of a return to his 2018-19 MVP-caliber form at the plate. A hip injury in 2020 cut the season short for Chapman and ultimately required surgery. He returned to play a mostly full slate of 151 games in 2021, but while Chapman belted 27 home runs and played his usual brand of premium defense at the hot corner, his overall production at the plate dropped as his strikeout rate rose. It’s certainly possible that the 2019 All-Star simply wasn’t at 100% last season, and he’ll now set out to prove that was the case without needing to spend much time dwelling on his contractual status.

Chapman’s new $12MM salary bumps the Blue Jays’ projected payroll up to about $170MM, per Roster Resource’s Jason Martinez, and it gives them about $190MM worth of luxury-tax obligations. That’ll establish a new franchise-record mark in terms of actual payroll, though the Jays are still about $40MM shy of the new $230MM luxury-tax threshold.

Matt Chapman Rejected 10-Year, $150MM Offer After 2019 Season

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Before hip surgery knocked Matt Chapman out of the 2020 playoffs, the A’s had offered their superstar third baseman a 10-year extension worth $150MM, writes The Athletic’s Ken Rosenthal. After the hip injury, rejecting that offer was a decision that caused some second-guessing on Chapman’s part. Some two years after Oakland attempted to extend Chapman, the offer exists only as a comparative tool.

Chapman will play out his remaining arbitration seasons in a Toronto Blue Jays uniform. The Jays maintain team control over Chapman for the 2022 and 2023 seasons, after which the Scott Boras client can head to free agency to test open waters. Rosenthal crunched the numbers and found that Chapman will need to essentially sign a six-year, $122MM deal when he reaches free agency to make his decision to reject the extension look like a wise one. That’s doable if he’s able to stay healthy.

On the field, Chapman was healthy again in 2021, and again a Gold Glove Award winner at the hot corner. He ranked tied for fourth among third baseman in defensive runs saved by The Fielding Bible awards in 2021.

His offense, however, didn’t quite return to its previous heights. With a .210/.314/.403 line across 622 plate appearances, Chapman’s 101 wRC+ was the lowest mark of his career, though certainly a respectable enough number when paired with first-rate glovework. Being another season away from hip surgery could help Chapman rebound further in 2022, and playing his home games away from the Coliseum won’t hurt either.

At least for the next two seasons, Toronto should have a productive regular on a short-term, relatively valuable deal. MLBTR’s projected arbitration figure for 2021 is $9.5MM, an exceedingly affordable price of admission to watch Chapman man the hot corner day-in-and-day-out.

He’ll essentially take over for Marcus Semien as the veteran superstar tasked with playing alongside young star Bo Bichette. Chapman’s addition has the additional effect of sliding Cavan Biggio back to the keystone. As good as Chapman has been in the past, he has big shoes to fill after Semien posted near-MVP numbers during his one year in Toronto.

And while Chapman’s personal narrative may, in part, be tied to the measure of team success this version of the Blue Jays is able to achieve, in reality, there are too many individual threads tied to this Toronto team to attribute much of their future success or failure to Chapman alone.

Chapman’s personal narrative – and his future contract negotiations – will tie much more directly to three factors: personal health, on-field performance, and, likely, the shape of the free agent landscape two offseasons from now. As of right now, it would appear likely that the Chapman-Toronto alliance will last for just two seasons before he hits free agency.

A long-term deal can’t be ruled out, of course, but odds are against it. For one, Boras prefers taking his clients to free agency. Second, the Blue Jays have other players (namely, Bichette and Vladimir Guerrero Jr.) who are going to require long-term commitments that will add to a payroll already weighted down with a chunky deals for Jose Berrios, Kevin Gausman, and George Springer. Thirdly, top prospect Orelvis Martinez is quickly rising through the ranks, and he may be ready to take over sooner rather than later.

All that being said, if the feel-good Blue Jays continue to feel good, Chapman may like playing in Toronto. It’s worth wondering, as well, if Chapman’s injury and previous extension rejection will change his feelings about another such offer, should Toronto choose to make one. At worst, the Blue Jays and Chapman have two seasons to enjoy one another’s company. Then we can find out whether Chapman made the right financial decision in rejecting Oakland’s extension offer.

Athletics Trade Matt Chapman To Blue Jays

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Oakland’s rapid sell-off and the Blue Jays’ aggressive offseason both continued Wednesday, as the A’s announced that third baseman Matt Chapman has been traded to Toronto in exchange for right-hander Gunnar Hoglund, infielder Kevin Smith, left-hander Zach Logue and left-hander Kirby Snead.

Matt Chapman | Kevin Sousa-USA TODAY Sports

The acquisition of Chapman will give the Blue Jays not only one of the best defensive third basemen in the game but one of the top defensive players in baseball at any position. Since Chapman’s 2017 Major League debut, his 88 Defensive Runs Saved and his 47.3 Ultimate Zone rating both trail only Mookie Betts and Andrelton Simmons among all big leaguers. Statcast’s Outs Above Average metric largely agrees, ranking him tenth among all big league players, regardless of position, since 2017. Indeed, Chapman has twice been recognized as the league’s best all-around defender by being named the league’s Platinum Glove winner.

Of course, Chapman is far from a glove-only player. From 2018-19, he was a legitimate MVP candidate on the strength of his combined offensive and defensive prowess. The former No. 25 overall draft pick posted a .263/.348/.507 slash with 60 home runs while playing his home games at the cavernous Oakland Coliseum during those two seasons, finishing Top 7 in American League MVP voting on both occasions.

Chapman’s offensive production has fallen sharply over the past two seasons, due in no small part to a major hip injury in 2020 that he tried to play through before succumbing to surgery. That procedure both repaired a labrum tear and “cleaned up” the head of his right femur bone. Even as his production has dipped, Chapman has still hit for power (37 home runs, .216 ISO) and drawn plenty of walks (11.4%), but his strikeout rate has spiked from 22.8% in 2018-19 all the way to 33.1% in 2020-21. Over the past two seasons, he’s posted a combined .215/.206/.431 batting line.

The Jays are surely betting that Chapman will bounce back to an extent at the plate now that he’ll be 18 months removed from that September 2020 surgery. However, even if he doesn’t return to his MVP-caliber levels from 2018-19, the new three-true-outcomes version of Chapman was still worth 3.5 wins above replacement per both Baseball-Reference and FanGraphs last season. He’s a pronounced upgrade for a Jays team hoping to make a deep postseason run on the strength of a dominant offense and a rotation that has improved by leaps and bounds in recent seasons.

Chapman’s salary has not yet been settled, as he’s arbitration-eligible and did not settle on a price point with the A’s prior to the lockout. He’s projected by MLBTR contributor Matt Swartz to earn $9.5MM this coming season and will be owed one more raise for the 2023 campaign before reaching free agency in the 2023-24 offseason. While Jays fans may be looking to Matt Olson’s swift extension following a trade from Oakland to his hometown Braves, it should be pointed out that as a client of the Boras Corporation, Chapman seems less likely to follow that same trajectory. Still, he’ll be locked in as the Toronto third baseman for at least the next two seasons.

Adding Chapman firmly pushes Cavan Biggio to second base, where he’s better suited to play from a defensive standpoint. Chapman’s range will also play nicely alongside Bo Bichette, who has drawn mixed reviews for his glovework at shortstop. Statcast notes that Bichette is much stronger on balls hit to his left side than those hit to his right, so getting some extra range out of their third baseman will be particularly helpful.

It’s worth pointing out that Chapman isn’t an ideal fit for a Toronto lineup that skews almost entirely right-handed. He’d give them eight pure right-handed hitters in the starting lineup, with Biggio the lone lefty. That right-handed lean was part of the reason that a potential Freddie Freeman fit has seemed so tantalizing for the Jays. This acquisition technically doesn’t rule out a Freeman signing, but it does quash any speculation of Vladimir Guerrero Jr. moving back to third base. That’s in the team’s best interest anyhow, as Guerrero was never a strong defensive option at the hot corner. A theoretical Freeman addition would push Guerrero into a primary designated hitter role earlier in his career than the Jays might’ve liked, but the sheer offensive firepower of that lineup would still make it worth considering. Toronto had been linked to Kyle Schwarber, but he’s now Philadelphia-bound after agreeing to a four-year deal with the Phillies.

Turning the Oakland’s return, they’ll acquire one high-end but far-off pitching prospect, Hoglund, and a trio of largely MLB-ready pieces in Smith, Logue and Snead. Hoglund was the No. 19 overall draft pick in 2021 and might well have gone in the Top 10 selections had he not required Tommy John surgery during last year’s NCAA season. The former Ole Miss ace was largely regarded as one of the top college arms in the draft after pitching to a 2.41 ERA with a sky-high 39% strikeout rate against a strong 6.1% walk rate.

Baseball America ranked him fifth among Toronto farmhands, while FanGraphs pegged him No. 3 in the Toronto system. Much of Hoglund’s future depends on how he recovers from Tommy John surgery, but he’d been described as an advanced college arm with mid-rotation upside and a potential quick path to the big leagues.

Smith, 25, ought to step right into the Athletics’ Opening Day lineup. He went just 3-for-32 in a brief big league cup of coffee late in the 2021 season, but that’s overshadowed by a big .285/.370/.561 batting line in Triple-A last year. Smith, ranked seventh among Jays prospects at BA and 16th at FanGraphs, smacked 21 home runs, 27 doubles and four triples while also going 18-for-21 in stolen base attempts in that outstanding Triple-A campaign. BA ranked him as the game’s No. 91 prospect in the 2018-19 offseason, and while a poor first showing in Triple-A dropped his stock, last year’s excellent rebound restored a good bit of faith in his abilities.

Kevin Smith | Wendell Cruz-USA TODAY Sports

The Jays played Smith primarily at shortstop during his time in Triple-A, but he also has 651 professional innings at third base and 161 innings of work at second base. Scouting reports peg him as a capable but not-elite defender at short. Given the presence of all-world defensive prospect Nick Allen in the upper tiers of the Oakland system, it seems quite possible that Smith’s eventual home with the A’s will be either third base or second base.

As for the two pitchers, Logue has a chance to be in the Oakland rotation before long. The 25-year-old (26 in April) was Toronto’s ninth-round pick in 2017 and has greatly elevated his status, thanks in part to a nice showing between Double-A and Triple-A this past season. In 125 innings between the two levels, Logue notched a 3.67 ERA with a strong 28.2% strikeout rate, an even better 5.3% walk rate and a 38% ground-ball rate. That he’s a fly-ball pitcher moving to Oakland as opposed to Toronto’s more hitter-friendly Rogers Centre can only help his chances of becoming a quality big league contributor.

Logue ranked 24th among Jays prospects at BA, where he was labeled one of the system’s “most improved” players in 2021 and touted as a potential back-end starter. FanGraphs tabbed him 10th in the Toronto system, praising his plus changeup, plus command and above-average cutter. Scouting reports generally don’t peg Logue as more than a fourth starter, but if he’s able to realize that potential, there’s quite a bit of value in six-plus seasons of a No. 4 starter.

Snead, 27, gives the A’s an MLB-ready bullpen piece who made his big league debut late in the ’21 season. Snead allowed three runs (two earned) on seven hits and a pair of walks with seven strikeouts through his first 7 2/3 big league innings last year. That marked the continuation of an excellent season in Triple-A, where he’d notched a 1.58 ERA with a huge 36.1% strikeout rate, a 10.1% walk rate and a massive 63.3% ground-ball rate.

Unlike many lefties, Snead has no issues containing right-handed opponents in 2021. While he was still better against left-handers, who posted an awful .141/.222/.203 against him (Majors and Triple-A combined), right-handers were similarly futile. Even when batters held the platoon advantage, they mustered only a .186/.278/.245 output against Snead. He’s been a pure reliever throughout his professional career, but that dominance against both righties and lefties mitigates any specialist concerns and gives him the chance to be a multi-inning option. Snead has pitched 236 1/3 innings through 186 minor league appearances, so he’s no stranger to working more than an inning at a time.

The trade of an All-Star third baseman to the Blue Jays for a four-player package consisting of three largely MLB-ready pieces and one further-off but high-upside prospect will do little to quell comparisons to the 2014 Josh Donaldson blockbuster. That trade, which brought Franklin Barreto, Brett Lawrie, Kendall Graveman and Sean Nolin to Oakland, didn’t pan out as the front office hoped, but today’s swap is a separate deal, eerie similarities notwithstanding. The A’s have added a notable influx of talent to their system, and the Chapman return in particular features the largest crop of MLB-ready talent they’ve picked up thus far in their offseason dealings.

The Chapman trade marks the latest step in the dismantling of a roster that was largely foreseeable but is nevertheless disheartening for the fanbase. Chapman follows fan favorites Olson and Chris Bassitt out the door, and it’s unlikely Oakland will stop its roster purge with those three. Lefty Sean Manaea, a free agent at season’s end, seems all but certain to be traded. Right-hander Frankie Montas, center fielder Ramon Laureano and reliever Lou Trivino all have multiple seasons of club control remaining but still could change hands. Montas, in particular, has been a target for pitching-hungry clubs. Looking ahead, it’s not really a question of whether any of those players will be traded — but rather one of who’ll be the next to go.

Former All-Star second baseman Carlos Baerga first reported on Instagram that a trade agreement was in place. Sportsnet’s Shi Davidi reported Oakland’s return for Chapman (Twitter link).

Rays Among Teams Interested In Matt Chapman, Seiya Suzuki

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The Rays are among the teams with interest in Athletics third baseman Matt Chapman, per Marc Topkin of the Tampa Bay Times, and they’re also one of the teams still bidding on star NPB outfielder Seiya Suzuki. The Athletic’s Ken Rosenthal hears the same, adding that Tampa Bay has also spoken to Oakland about right-hander Frankie Montas.

Either of the two bats listed would represent large-scale expenditures, at least by the Rays’ generally modest standards. MLBTR contributor Matt Swartz projects a $9.5MM salary for Chapman this season, and he’d be eligible for arbitration one final time next offseason before reaching the open market upon conclusion of the 2023 season. Suzuki, meanwhile, is drawing interest from a wide field of teams and figures to command a weighty multi-year deal himself.

The 28-year-old Chapman’s offensive production has taken a nosedive in recent years after a pair of MVP-caliber seasons in 2018-19. Since Opening Day 2020, Chapman has managed a .215/.306/.431 batting line, still showing good power (.216 ISO, 37 homers in 774 plate appearances) but with an alarming jump from a 22.8% strikeout rate to a 33.1% mark. Chapman’s 2020 season was cut short by hip surgery, though, and it’s possible that the injury which led to that operation and the lingering aftereffects have hampered him at the dish.

Where Chapman hasn’t missed a beat is with the glove. A two-time Platinum Glove winner and three-time Gold Glover at the hot corner, Chapman is widely regarded as one of the best defensive players in the sport. His 78 Defensive Runs Saved since debuting in 2017 are the third-most in baseball, at any position, trailing only Mookie Betts (81) and Andrelton Simmons (79). Chapman ranks third in MLB in Ultimate Zone Rating during that time as well, trailing that same pair. Meanwhile, Statcast ranks him 10th among all big leaguers with 49 Outs Above Average in that same time.

As for Suzuki, he’s been posted by the Hiroshima Carp and will head to the Majors in the midst of his prime, at age 27. Suzuki is generally regarded as one of the best players in Japan at the moment, if not the best overall. He turned in a mammoth .317/.433/.636 batting line with 38 home runs, 26 doubles and nine steals in 533 plate appearances this past season in NPB, all while walking 87 times against 88 strikeouts (16.3% vs. 16.5%). This was far from a one-year fluke; dating back to 2018, Suzuki’s right-handed bat has produced a dominant .319/.435/.592 slash line with 121 home runs, 115 doubles and four triples in 2179 plate appearances.

Rays fans may be a bit skeptical after seeing their team’s two-year, $12MM investment in Yoshi Tsutsugo quickly go south. However, Suzuki is younger and far more highly regarded as a player than Tsutsugo was at the time of his own free-agent foray. Even in NPB, Tsutsugo came with considerable strikeout concerns and minimal defensive value. The variance in opinions seems likely to be reflected in the size of contract Suzuki ultimately commands. Prior to Suzuki’s formal posting, multiple team evaluators told MLBTR that Suzuki could be an everyday corner outfielder in the big leagues. One particularly bullish evaluator called Suzuki the best player to come out of Japan since Shohei Ohtani (not a direct comparison between the two, to be clear).

Looking to Montas, he’d give the Rays a big-time arm to plug into a rotation that looks heavily reliant on younger talent. Tampa Bay is hoping for a bounceback from Ryan Yarbrough and better health from offseason signee Corey Kluber, but the group beyond that pairing consists of Yonny Chirinos (returning from Tommy John surgery), Shane McClanahan, Luis Patino, Drew Rasmussen and Shane Baz. It’s an undeniably talented collection of starters, but Montas would provide some more stability and arguably more upside than some of those current options.

The 28-year-old (29 next week) just wrapped up a 2021 season that saw him post a career-high 187 frames with a 3.37 ERA, a 26.6% strikeout rate and a 7.3% walk rate. Projected by Swartz to earn $5.8MM next season, Montas is controlled through 2023 and is one of many players the rebuilding A’s are open to moving. He missed the second half of the 2019 season while serving an 80-game PED suspension and struggled in his 2020 return, but last year’s standout showing netted Montas a sixth-place finish in American League Cy Young voting. Unlike Chapman and Suzuki, his current salary is a bit more in the Rays’ general wheelhouse.

Ultimately, though, the payroll is going to be pivotal in determining just how big the Rays can go. Tampa Bay is currently projected for an $85.4MM Opening Day mark that would represent a new franchise record. That said, there have also been reports about possible trades of Kevin Kiermaier ($12MM salary), Austin Meadows (projected $4.3MM) and/or Tyler Glasnow (projected $5.8MM — any of which could alter the team’s immediate and 2023 financial outlooks. Glasnow, notably, is expected to miss most of the 2022 season while rehabbing from Tommy John surgery.

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