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Nick Castellanos

Marlins Made “Strong” Push For Starling Marte

By TC Zencka | November 27, 2021 at 12:32pm CDT

The Marlins were in on Starling Marte right up until the centerfielder signed the four-year, $78MM deal to join the Mets, per MLB Network’s Jon Heyman (via Twitter). The Marlins made a “strong” offer, but not one that matched the Mets’ financial commitment, per Barry Jackson of the Miami Herald (via Twitter). The Marlins weren’t the only team to be outbid by the Mets, who flexed their financial might to ink not only Marte, but Mark Canha and Eduardo Escobar, per Joel Sherman of the New York Post (via Twitter).

Centerfield remains one of the Marlins’ biggest needs, though they may need to get creative now that Marte is off the board. Utility gem Chris Taylor is the only inspiring option remaining on the free agent board with significant experience manning center. The rest of the field consists of veteran names more likely to be seen as backups. This group includes Brett Gardner, Joc Pederson, Billy Hamilton, Ender Inciarte, Odubel Herrera, Jake Marisnick, Brian Goodwin, and a few others.

If the season began today, the Marlins would have Bryan De La Cruz, Lewis Brinson, and Monte Harrison as their primary options. De La Cruz, 24, would be Plan A after putting together a strong showing in the second half of 2021. The right-handed hitter slashed .296/.356/.427 in 219 plate appearances after being acquired from the Astros along with Austin Pruitt in exchange for reliever Yimi Garcia.

With De La Cruz proving at least capable of manning the middle, the Marlins are also exploring the addition of corner bats. Nick Castellanos is a name they like, despite his potentially chunky price tag, per Jon Heyman of the MLB Network (via Twitter). Castellanos’ big bat would certainly provide a much-needed boost to Miami’s lineup, though it would be a touch surprising to see the slugger end up in Miami, given the presumed price point for his services.

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Miami Marlins Nick Castellanos Starling Marte

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Early Qualifying Offer Decisions

By Anthony Franco | November 15, 2021 at 2:17pm CDT

Fourteen players were issued the $18.4MM qualifying offer before the November 7 deadline. Those players have until November 17 to gauge interest on the open market before determining whether to accept or reject that proposal. For the majority of qualified free agents, it’ll be a fairly easy decision to reject the one-year offer and set out in search of a multi-year deal.

We’ll keep track of QO decisions as they’re reported in this post.

Rejected QO

  • Chris Taylor, Dodgers (link)
  • Carlos Correa, Astros (first reported by Jon Heyman of the MLB Network)
  • Eduardo Rodríguez, Red Sox (first reported by Jon Heyman of the MLB Network)
  • Nick Castellanos, Reds (first reported by Bobby Nightengale of the Cincinnati Enquirer)
  • Michael Conforto, Mets (link)
  • Corey Seager, Dodgers (first reported by Jorge Castillo of the Los Angeles Times)
  • Marcus Semien, Blue Jays (first reported by Shi Davidi and Hazel Mae of Sportsnet)

Decision Not Yet Reported

  • Brandon Belt, Giants
  • Freddie Freeman, Braves
  • Raisel Iglesias, Angels
  • Robbie Ray, Blue Jays
  • Trevor Story, Rockies
  • Noah Syndergaard, Mets
  • Justin Verlander, Astros

Teams are entitled to 2022 draft pick compensation for qualified free agents who sign elsewhere, with the value of the pick dependent on the team’s economic status. Teams that exceeded the luxury tax threshold in 2021 (only believed to be the Dodgers among teams with qualified free agents this offseason) receive a pick after Round 4. Teams that neither exceeded the tax threshold nor received revenue sharing in 2021 (Angels, Astros, Blue Jays, Braves, Giants, Mets, Red Sox) would receive a draft choice after Competitive Balance Round B. Teams that received revenue sharing in 2021 (Reds and Rockies) would receive a draft choice after Round 1 if the qualified free agent signed for a guarantee of $50+MM. If the free agent signs for less than $50MM, that team would receive a draft choice after Competitive Balance Round B.

Last month, MLBTR’s Tim Dierkes broke down the penalties each team would incur were they to sign a player who’d rejected a qualifying offer.

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Cincinnati Reds Houston Astros Los Angeles Dodgers New York Mets Toronto Blue Jays Carlos Correa Corey Seager Marcus Semien Michael Conforto Nick Castellanos

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Free Agent Notes: Marte, Castellanos, Lorenzen, Canha

By Anthony Franco | November 12, 2021 at 8:50pm CDT

Starling Marte is the clear top option in this winter’s free agent center field class. Unsurprisingly, early interest seems to be robust, as Jon Heyman of the MLB Network reports (Twitter links) that both the Marlins and Mets have expressed interest in the 33-year-old. Those NL East clubs join the Yankees and division-rival Phillies as known entrants in his market. There are no doubt other clubs who have or will express interest in Marte, who’s coming off a stellar .308/.381/.456 showing between Miami and the A’s.

Miami’s early interest is eyebrow-raising, since he and the Marlins couldn’t agree to terms during midseason extension negotiations this summer. Reports suggested the Fish balked at offering a fourth guaranteed year a few months back, and going to that length again figures to be necessary to land Marte’s services now that he can field offers from all 30 clubs. It’s not as if his stock tanked after the deal, as Marte continued to be an offensive force (.312/.355/.462 with 25 stolen bases in just 56 games) for Oakland down the stretch. MLBTR projects he’ll ultimately land a four-year deal worth $80MM, a figure that would come in quite a bit higher than the money Marte reportedly targeted in original extension talks.

The Mets, meanwhile, are still trying to finalize the structure of their front office. That could pose a challenge for them in making any impactful moves early in the winter, but whomever the Mets hire to lead baseball operations is expected to look for some form of outfield help. Michael Conforto has already rejected New York’s qualifying offer, and his potential departure would leave a vacancy in the grass in Flushing. A Marte pursuit would be one way to replace Conforto, with current center fielder Brandon Nimmo probably sliding over to right field were a deal to get done.

Some news on a few more free agents:

  • Nick Castellanos has already rejected the Reds’ qualifying offer, little more than a formality after he opted out of the remaining two years on his contract. The 29-year-old wouldn’t close the door on a return to Cincinnati, though, telling reporters (including Adam Baum of the Cincinnati Enquirer) he’d listen to any offers from the Reds. “Of course I would. Why wouldn’t I,” Castellanos asked rhetorically. “I feel like there’s still a lot of valuable pieces that are very good to win with. Jonathan India … Jesse Winker is coming into his own, figuring out who he is, figuring out what kind of father he wants to be, he’s doing a great job at that. Joey Votto just reinvented himself. We still have pitching. We have pieces. Why wouldn’t I entertain it?” Regardless of Castellanos’ amenability, a Reds’ return seems highly unlikely. Cincinnati has kicked off the offseason by parting ways with two veteran contributors (Tucker Barnhart and Wade Miley) for little more than financial relief, and general manager Nick Krall has spoken of “(aligning) our payroll to our resources.” It’d be nothing short of shocking if Cincinnati then pivoted to make a serious run at Castellanos, whom MLBTR projects to sign for $115MM over five years.
  • California natives Michael Lorenzen and Mark Canha are both drawing interest from teams on the West Coast, reports Robert Murray of FanSided (Twitter link). Interestingly, Murray hears that at least some teams are willing to consider Lorenzen as a starting pitcher, aligning with the 29-year-old’s hopes for a rotation job. Lorenzen broke into the majors as a starter, but he’s started just five of his 268 appearances with the Reds since the beginning of the 2016 campaign. He’s had success in a multi-inning relief capacity, though, and Lorenz’s five-pitch repertoire could help him navigate an order multiple times. Canha, who has spent his entire major league career with his hometown A’s, hits the open market on the heels of four straight above-average offensive seasons, by measure of wRC+. Entering his age-33 season, the productive outfielder will probably be limited to short-term deals, which could make him a target of low and high payroll clubs alike.
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Cincinnati Reds Miami Marlins New York Mets Notes Mark Canha Michael Lorenzen Nick Castellanos Starling Marte

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Marlins Notes: Avisail, Castellanos, Lopez, Hernandez, Blue Jays

By Mark Polishuk | November 11, 2021 at 1:19pm CDT

The Marlins are intent on adding offense, and are exploring both the free agent and trade routes to accomplish this goal.  On the open market, the Marlins have shown interest in Avisail Garcia (as per The Miami Herald’s Barry Jackson) and they have spoken with agent Scott Boras, according to MLB Network’s Jon Heyman.  Boras represents any number of top hitters in this year’s free agent market, though Heyman observes that outfielder Nick Castellanos is from Miami, even if it’s “hard to see [the Marlins] affording him.”

Using MLBTR’s Top 50 Free Agents list as reference, we have Castellanos pegged for a five-year, $115MM deal, not to mention the additional draft pick compensation the Marlins would need to surrender since Castellanos has rejected the Reds’ qualifying offer.  Garcia is projected for three years and $36MM, which much more realistic even for a Marlins team that has expressed a willingness to flex a bit more financial muscle this winter.  As it happens, our Garcia estimate is pretty close to the three-year, $30MM extension offer the Marlins floated at Starling Marte last summer, so that could give some hint as to what the team is prepared to spend.

Garcia is less expensive and is a better defender than Castellanos, though Castellanos has a more consistent track record as a hitter.  Garcia does happen to be coming off one of the best seasons of his career, after hitting .262/.330/.490 with a personal-best 29 homers in 515 PA with the Brewers.  While Garcia alone wouldn’t elevate Miami’s lineup, Heyman believes the Marlins could “acquire multiple hitters that cost somewhat less” than one big splashy acquisition like Castellanos.

The opportunity also exists for the Marlins to trade from their pitching surplus, and MLB Network’s Jon Morosi tweets that the Blue Jays are one of the teams who have been in touch with Miami.  Heyman identifies Pablo Lopez and Elieser Hernandez as the Marlins’ “most available arms,” likely in the context of Lopez and Hernandez being the type of big league-ready pitchers that would appeal to a win-now team like Toronto.

Since the Jays have a catching surplus and the Marlins have a need behind the plate, Alejandro Kirk seems like a logical trade possibility, Morosi opines.  Kirk may have the most trade value of any Blue Jays catcher besides star prospect Gabriel Moreno, and Sportsnet’s Ben Nicholson-Smith writes that Moreno “appears extremely unlikely” to be dealt anywhere.  Toronto could also be a fit for the Marlins’ outfield needs, as Nicholson-Smith notes that the Jays have been getting a lot of interest in their catchers and outfielders at the GM Meetings.

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Miami Marlins Notes Toronto Blue Jays Avisail Garcia Elieser Hernandez Gabriel Moreno Nick Castellanos Pablo Lopez

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14 Players Receive Qualifying Offers

By Mark Polishuk | November 7, 2021 at 11:04pm CDT

Today was the last day for teams to issue qualifying offers to eligible free agents, as teams had to make their decisions by 4pm CT.  With the deadline now behind us, here are the players who were issued the one-year, $18.4MM offers…

  • Brandon Belt, Giants (link)
  • Nick Castellanos, Reds (link)
  • Michael Conforto, Mets (link)
  • Carlos Correa, Astros (link)
  • Freddie Freeman, Braves (link)
  • Raisel Iglesias, Angels (link)
  • Robbie Ray, Blue Jays (link)
  • Eduardo Rodriguez, Red Sox (link)
  • Corey Seager, Dodgers (link)
  • Marcus Semien, Blue Jays (link)
  • Trevor Story, Rockies (link)
  • Noah Syndergaard, Mets (link)
  • Chris Taylor, Dodgers (link)
  • Justin Verlander, Astros (link)

This is the highest number of qualifying offers issued since the 2015-16 offseason, when a record 20 players received the QOs.  Only six players received qualifying offers last winter, which was the lowest ever issued in an offseason, yet not really surprising given the pandemic’s impact on the 2020 season and league revenues.

These 14 players now have until November 17 to decide whether or not to accept the offer.  If they accept, they’ll receive $18.4MM next season, and can’t be traded until June 15, 2022.  They also won’t be eligible to receive a qualifying offer in any future trips to free agency (players are also ineligible for the qualifying offer if they haven’t spent at least one full season with their current team).  Since the qualifying offer system was introduced in the 2012-13 offseason, 10 of the 96 players to receive a QO have taken the deal.

If a player rejects the qualifying offer, draft pick compensation is now attached to their market, unless they re-sign with their former team.  Teams who sign a QO free agent will have to surrender at least one draft pick, and potentially some international bonus pool money depending on their status as revenue-sharing recipients or whether or not they exceeded the luxury tax threshold.  (Here is the list of what every team would have to give up to sign a QO free agent.)

If a QO free agent signs elsewhere, that player’s former team receives a compensatory draft pick based on this criteria….

  • A draft pick after Competitive Balance Round B will be awarded if the team losing the free agent did not receive revenue sharing or if the free agent in question signed a contract worth less than $50MM in guaranteed money.
  • A draft pick after Round 1 will be awarded if the team losing the free agent received revenue sharing and the free agent in question signed for more than $50MM.
  • A draft pick after Round 4 will be awarded if the team losing the free agent paid luxury tax penalties in the preceding season.

As always, several factors are weighed by both teams and players about whether or not to issue or accept qualifying offers.  This winter provides yet another wrinkle — this could be the final year of the current qualifying offer system due to the expiration of the current Collective Bargaining Agreement on December 1.  It is widely expected that the owners could lock out the players if a new deal isn’t reached by that date.  In the event of a lockout, MLB would institute a roster freeze on all transactional business involving Major League players, thus bringing the free agent market to a halt.

With this deadline looming, it is possible we could see some QO recipients (those less certain of landing big multi-year contracts) choose to accept the one-year deal in order to guarantee themselves some financial and contractual security prior to a possible lockout.  By that same token, this could make teams warier about extending the qualifying offer to certain players due to a larger suspicion that they would accept…or perhaps a player’s willingness to accept could make a team more inclined to issue a QO to a so-called borderline case.

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2021-22 MLB Free Agents Atlanta Braves Boston Red Sox Cincinnati Reds Colorado Rockies Houston Astros Los Angeles Angels Los Angeles Dodgers New York Mets Newsstand San Francisco Giants Toronto Blue Jays Transactions Brandon Belt Carlos Correa Chris Taylor Corey Seager Eduardo Rodriguez Freddie Freeman Justin Verlander Marcus Semien Michael Conforto Nick Castellanos Noah Syndergaard Raisel Iglesias Robbie Ray Trevor Story

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Reds Extend Qualifying Offer To Nick Castellanos

By TC Zencka | November 6, 2021 at 9:44am CDT

The Reds have unsurprisingly extended a qualifying offer to free agent outfield Nick Castellanos. Given that Castellanos just recently chose to opt out of the final two years and $34MM remaining on his contract, it should be a foregone conclusion that Castellanos will reject the one-year, $18.4MM qualifying offer and enter free agency.

The sum total of the last couple days of decisions should lead to an interesting offseason saga for Castellanos. The last time he was a free agent, it required patience for the slugger to ultimately land a uniquely structured long-term deal with the Reds. The 29-year-old ultimately only spent two years with the Reds, the latter of which produced an All-Star campaign. Still, this time around, Castellanos will be entering his age-30 season, he has a qualifying offer attached, and the CBA is set to expire in December. The stars say it will be quite some time until Castellanos knows what uniform he will don in 2022.

At the base of it all, however, is a consistent right-handed power hitter coming off a .309/.362/.576 season with 34 home runs and 100 runs driven in. The gaudy offensive numbers amounted to a 3.3 rWAR season, the most robust of Castellanos’ career. He put up 4.2 WAR by Fangraphs’ measure, which was also a career high. In short, the bat plays.

Counterpoint: Castellanos continues to put up suspect defensive numbers. His glovework in right field merited -7 defensive runs saved and -1.5 UZR, numbers that are supported by the eye test and a longstanding reputation as a subpar defender. Now, the expectation is that there will be a universal designated hitter next season, and if that comes to pass, there should be a robust market for Castellanos. Until that’s put in ink, however, his defensive deficiencies may curtail the bidding for his services.

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Cincinnati Reds Transactions Nick Castellanos

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Nick Castellanos To Exercise Opt-Out Clause

By Steve Adams | November 4, 2021 at 10:59pm CDT

Reds right fielder Nick Castellanos has exercised the opt-out clause in his contract and will reenter the free agent market, reports MLB Network’s Jon Heyman (Twitter link). The Scott Boras client had two years and $34MM remaining on his contract but will seek a lengthier contract (and a heftier annual value) on the open market. The Reds can, and surely will, extend an $18.4MM qualifying offer to Castellanos — which he’s a lock to reject.

Nick Castellanos | David Kohl-USA TODAY Sports

Castellanos, 30 in March, has been a near-lock to opt out of this contract for months now. While he decided to forgo the first opt-out provision in his deal last winter after a slumping through the pandemic-shortened season’s final weeks, he’s been one of the best hitters in the National League throughout the 2021 season. Had the microfracture in his wrist suffered back in late July proven to sideline him for a longer period or weigh down his production in the final two months, perhaps it’d have been another story, but Castellanos finished the season on a blistering tear at the plate.

On the whole, Castellanos batted .309/.362/.576 this season, complementing a career-high 34 home runs with 38 doubles and a triple en route to a stout 140 wRC+ on the season. That includes a .294/.335/.606 slash and 14 round-trippers in his final 176 plate appearances, which surely allayed any concern that the July wrist injury would linger and impact his production at the dish.

On the defensive end of the equation, Castellanos once again had his share of struggles. Virtually any defensive metric will paint him as below average in right field, and that’s been an issue for him dating back to his days as a third baseman in Detroit. Defensive Runs Saved and Outs Above Average both pegged Castellanos at -7 in 2021 — which is actually an improvement over recent seasons — and he checked in with a -1.5 Ultimate Zone Rating. Some may be surprised to see that Castellanos actually has above-average sprint speed (65th percentile among MLB position players), but Statcast also puts him in just the seventh percentile in terms of his outfield jumps.

Overall, the lack of defensive value shouldn’t matter too much. Castellanos has been a consistently above-average hitter since a breakout 2016 campaign with the Tigers, and he enjoyed the best season of his career this past season. With the widely expected advent of the designated hitter in the National League, it’s possible that he’ll be more valuable than ever before in 2022. Full-time (or even semi-regular) DH work was never an option for Castellanos in Detroit thanks to the presence of Miguel Cabrera and Victor Martinez, and he’s spent his two and a half seasons away from the Motor City in the National League. Even if he doesn’t immediately slide into full-time DH territory, Castellanos at the very least could see fewer innings in the outfield than he has in the past.

While it’s likely that Castellanos’ mind has been made up on this matter for some time, last night’s comments from Cincinnati general manager Nick Krall surely didn’t create any second thoughts. Krall didn’t outright say that the Reds are going to further slash payroll, but that was the overwhelmingly clear implication as the GM voiced a need to “align our payroll with our resources” and stressed the importance of “scouting and developing young talent from within our system.”

The Reds dumped Raisel Iglesias’ $9.125MM salary on the Angels last offseason and surprisingly non-tendered Archie Bradley just three months after trading for him. Krall’s Wednesday comments — and, to a lesser extent, yesterday’s trade of stalwart catcher Tucker Barnhart — suggest that there’s more of the same in store this winter. In fairness to the Reds, they have a ready-made, offensively superior 2022 option at catcher in Tyler Stephenson, and Barnhart’s salary was steeper than most any team would pay for a backup catcher. How the Reds handle their $10MM club option on southpaw Wade Miley will be more telling.

Suffice it to say, it seems difficult to imagine the Reds pushing to re-sign Castellanos to a new contract that figures to include both a raise on his annual value and at least double the years he previously had remaining. Castellanos is arguably (although not definitively) the best hitter on the free-agent market this winter, and if the designated hitter indeed comes to the National League, he’ll have a vast market of teams bidding on his services. A contract of at least four years in length seems certain, and it’s quite possible that even with a qualifying offer in tow, bidding could push into the five-year range.

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Cincinnati Reds Newsstand Transactions Nick Castellanos

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Jon Gray Has Reportedly Rejected Extension Offer From Rockies

By Anthony Franco | October 23, 2021 at 10:26pm CDT

Jon Gray rejected an extension offer the Rockies made him before the end of the regular season, reports Patrick Saunders of the Denver Post. Gray continues to have interest in sticking with Colorado long-term, Saunders adds, although the expectation is now that he’ll at least test the open market.

There’s been reported mutual interest between the Rox and Gray in a long-term deal for months, but the sides have yet to line up on acceptable terms. Saunders suggests the right-hander could target a three or four-year deal with an average annual value in the $9-10MM range on the open market. Whether that kind of deal would be attainable could depend upon whether the Rockies tag Gray with a qualifying offer. Doing so would entitle the Rockies to draft pick compensation were he to sign elsewhere, although he’d be a strong candidate to accept an $18.4MM offer to return in 2022.

Perhaps that’d be a mutually agreeable outcome, since Colorado clearly has interest in retaining Gray. Despite already being out of postseason contention by late July, the Rockies seemingly made Gray unavailable relatively early on trade deadline day. That course of action makes little sense unless the team wants to keep him around, and subsequent reports made clear that’s the case.

Gray bounced back from an injury-plagued 2020 to post a solid season this year. Over 149 innings, the 29-year-old worked to a 4.59 ERA with average or better strikeout (24.4%), walk (9%) and ground-ball (48.4%) rates. He thrived at Coors Field, tossing 78 1/3 frames of 4.02 ERA ball while holding opponents to a .205/.291/.365 line in home starts. With how difficult it has proven for the Rockies to find pitchers capable of succeeding in the game’s most hitter-friendly environment, it’s easy to see why general manager Bill Schmidt and his staff have continually expressed interest in keeping Gray around.

Saunders adds some additional context on Colorado’s offseason priorities, writing that the club is expected to target “at least two impactful players.” What constitutes an impact addition is open to interpretation, but Saunders suggests the club will look for a power-hitting bat this winter, preferably an outfielder. He floats Nick Castellanos (almost certain to opt out of his contract with the Reds), Michael Conforto and utilityman Chris Taylor as possible targets.

That’s a varied collection of potential players of interest. Castellanos looks like a candidate for a nine-figure deal. Taylor has a strong case for a four-year contract in the $65+MM range. Conforto could land three or four years himself, but it’s also possible he looks for a one-year bounceback deal after a mediocre 2021 campaign. Signing any of that group would probably cost the Rockies a draft choice, as they’re all likely qualifying offer recipients.

As for other areas of need for the Rockies, Saunders floats the bullpen and middle infield. Shortstop Trevor Story is expected to reject a QO and sign elsewhere, leaving a middle infield vacancy. Former top prospect Brendan Rodgers has seemingly locked down one spot after hitting .284/.328/.470 across 415 plate appearances this past season. Rodgers is capable of manning either of shortstop or second base, leaving some flexibility for Schmidt and company in addressing the dirt.

Plugging all those position player gaps and/or retaining Gray would certainly make for a costly winter. Earlier this month, Colorado president Greg Feasel said the club was planning to increase payroll over the course of the next two offseasons — eventually pushing from 2021’s $118MM figure closer to their franchise-record $145MM mark from 2019. Colorado should indeed have spending room to work with, as Jason Martinez of Roster Resource estimates they have around $79MM in 2022 commitments at the moment — including projected arbitration salaries.

That financial flexibility should give the front office real room for upgrades, but they’ll have a tall task in constructing a contender. The Rockies have finished in fourth place in the NL West in each of the past three seasons, and the impending departure of Story only makes a return to contention in that loaded division harder. Despite those challenges, Saunders’ report reinforces that the Rockies aren’t planning to take a step back this winter. They’re at least plotting a hopeful win-now course of action that could see them remain in the market for some of the offseason’s top free agent hitters.

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Colorado Rockies Brendan Rodgers Chris Taylor Jon Gray Michael Conforto Nick Castellanos

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Nick Castellanos Undecided About Opt-Out

By Darragh McDonald | October 3, 2021 at 10:24am CDT

Reds outfielder Nick Castellanos says he has not made a decision about his ability to opt out of the remainder of his contract this winter. He recently discussed the matter with Mark Sheldon of MLB.com and said, “I don’t know what I want… There is so much information that I’m going to take in. I also have to take into mind the status of the game. The Collective Bargaining Agreement is now coming up. Once I take a step back from the season and have some days at home with my family and I’m able to just hang out with my wife, dog and kid, and we can just talk about what happened and get as much information as I can.”

At this point, it would be incredibly surprising if Castellanos decided not to opt out, given that he’s enjoying the best season of his career. Going into the last day of the campaign, the 29-year-old is currently hitting .308/.360/.574. That all adds up to a wRC+ of 139 and 4.0 wins above replacement, according to FanGraphs. Both of those numbers are well beyond his previous best season of 2018, when his wRC+ was 129 and he was worth 2.9 fWAR. In 2019, he was almost as good, putting up a wRC+ of 122 and 2.8 fWAR.

After those two consecutive excellent campaigns, he signed with the Reds on a four-year, $64MM contract that contained opt-out provisions after both 2020 and 2021. He didn’t use that first opt-out opportunity as last year proved to be a slight down year for him, hitting just .225/.298/.486, wRC+ of 100. But when that shortened season is combined with the full campaign of 2021, his numbers are right in line with his previous production. His 2020-21 slash line is .283/.342/.548, wRC+ of 127.

The contract contains two more guaranteed years, with a salary of $16MM in each of 2022 and 2023. There’s also a $2MM buyout on a $20MM mutual option for 2024, meaning that Castellanos, if he opts out, would be leaving two years and $34MM in guaranteed money on the table in exchange for the open market. If he does, the Reds would certainly extend him a qualifying offer, which will be in the range of $20MM.

Even with that taken into consideration, it seems likely Castellanos could find more money in free agency now as a 29-year-old than he would if he waited until the end of this contract, when he would be 31. For example, Marcell Ozuna has a similar bat-first outfielder profile. He turned down a qualifying offer after a mediocre 2019 season wherein he hit .241/328/.472 for a wRC+ of 110. He was still able to get himself a one-year, $18MM contract with the Braves for his age-29 season. Then he had a tremendous campaign in the shortened 2020 season and parlayed that into a four-year, $65MM contract to return to Atlanta.

However, as Castellanos himself points out, this coming offseason has the added uncertainty of the CBA negotiations. The current Collective Bargaining Agreement between the league and players’ union expires December 1st, which leaves the door open for all kinds of unknown paths for the offseason to take. Perhaps Castellanos would rather not go through all of that while temporarily unemployed, even if that means potentially limiting his overall earning power somewhat. As he himself put it, “You have to balance everything that you possibly can: How much you like where you’re playing, how close it is to home because I’m co-parenting, where the organization is in the spot to compete, and obviously, the financial part of it is important as well. It’s a balance of all of that.”

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Cincinnati Reds Nick Castellanos

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Marlins Notes: Free Agency, Castellanos, Alcantara

By Anthony Franco | October 2, 2021 at 9:54pm CDT

9:54PM: Marlins CEO Derek Jeter backed up Ng’s comments, telling Bally Sports Florida that “For the first time really since we’ve been here as an ownership group, I expect to be pretty active” in the offseason.  Jeter also said the focus will be on adding hitting to augment “one of the top pitching staffs in baseball.”

7:35AM: The Marlins are wrapping up their 11th losing season in the past 12 years, with last year’s shortened-season playoff berth looking like an aberration. Miami’s young but promising pitching staff actually put together an above-average campaign, but they were let down by a lack of run support. The Marlins’ 615 runs scored is the third-lowest tally in the majors, with the team’s .241/.308/.387 slash line (excluding pitchers) checking in sixth from the bottom.

Bolstering the lineup will be an obvious priority for the club this offseason, and general manager Kim Ng acknowledged as much Friday afternoon in an appearance on the MLB Network. Most notably, Ng suggested ownership is prepared to support at least some measure of activity in free agency. “We are going to have some money to spend. … We feel that we are primed to do very well with the pitching set up as it is and with us being able to spend some money on bats this offseason.”

Miami typically runs one of the lowest payrolls in the league, but their ledger is fairly open. Miguel Rojas’ $5.5MM option recently vested, and Anthony Bass’ $3MM salary is the only other guaranteed deal on the books. (Miami also owes the Yankees $3MM as part of the Giancarlo Stanton trade). The Fish will have one of the game’s more significant arbitration classes, with Jesús Aguilar, Brian Anderson, Sandy Alcantara, Pablo López and Elieser Hernández among those in line for raises. Even then, Miami should have a bit of spending capacity before closing in on this year’s estimated $63MM payroll (via Roster Resource’s Jason Martinez).

Ng was unsurprisingly vague about precisely how much money the front office will have to play with, but they’re seemingly at least considering one of the more notable players likely to be on the market. On his Swings and Mishes podcast, Craig Mish of the Miami Herald suggested the Marlins could be in the market for South Florida native Nick Castellanos, who is expected to opt out of the remaining two years and $32MM on his current deal with the Reds.

On the surface, the Marlins certainly seem a long shot to wind up landing Castellanos, as Mish acknowledges. The 29-year-old placed tenth on MLBTR’s most recent free agent power rankings, with a four or five-year deal worth $20MM+ annually seemingly within the realm of possibility coming off a season in which he’s hitting .308/.362/.570 with 33 home runs. For a Miami team that balked at meeting Starling Marte’s reported four-year, $50MM asking price this summer, an earnest Castellanos pursuit would require a significant change in direction, although it’s at least theoretically possible ownership and the front office would be willing to make an exception for one of the younger potential free agents on the market.

While a Castellanos deal would register as a major surprise, the team agreeing to an extension with Alcantara seems entirely plausible. There’s reportedly growing optimism the two sides can get a long-term deal done this winter, and Mish adds that such talks could result in a more team-friendly arrangement than one might expect. MLBTR’s Steve Adams recently broke down the factors that could go into an Alcantara extension, although Mish hears the first-time All-Star might be willing to settle for a bit less than his maximum earning power in order to lock in some financial security before the expiration of the current collective bargaining agreement on December 1.

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Miami Marlins Notes Nick Castellanos Sandy Alcantara

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