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Mets Acquire Ryan Helsley

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The Mets continue to load up in the late innings. New York announced the acquisition of Ryan Helsley from the Cardinals for infield prospect Jesus Baez and minor league pitchers Nate Dohm and Frank Elissalt. It’s the third relief pickup of the week for the Mets, who had already acquired hard-throwing lefty Gregory Soto from Baltimore and paid a hefty price to get submariner Tyler Rogers from the Giants. They had an opening on the 40-man roster, so there was no corresponding move.

Helsley adds another power arm to the late innings. His fastball sits above 99 MPH on average. Opponents have nevertheless had a field day against the heater this season, batting .406 and slugging .522. They’ve had no success against Helsley’s upper 80s slider, which he turns to as often as he goes to the fastball. The end result is an even 3.00 earned run average across 36 innings. The righty has fanned an above-average 26.1% of batters faced behind a massive 16.1% swinging strike rate.

This is Helsley’s fourth consecutive season of strong production. He first assumed the Cardinals’ closing role in 2022 and has successfully nailed down 103 saves out of 121 tries over the past three-plus years. Helsley posted a 2.45 ERA or better in each season from 2021-23. He began this season a little slowly, allowing 3.60 earned runs per nine with eight walks and 10 strikeouts through the end of April. He has reeled off a 2.77 ERA with plus strikeout (27.4%) and walk (5.3%) percentages going back to May 1.

After a few seasons in the ninth inning, Helsley will move to a setup role in Queens. He’ll likely be Carlos Mendoza’s top leverage arm in the bridge to Edwin Díaz. Rogers may not be far behind him in the pecking order. Helsley and Rogers are each excellent relievers but couldn’t be more different stylistically. Mendoza will have a few different looks in what now seems to be one of the deepest bullpens in the game. Reed Garrett, Ryne Stanek and Soto all bring plus velocity in the middle relief group.

The 31-year-old Helsley is playing on an $8.2MM salary for his final season of arbitration. The Mets will pick up the remaining $2.65MM. They’re taxed at a 110% rate on all expenditures, so they’ll pay nearly $3MM in taxes on top of the money owed to Helsley. It’s an approximate $5.6MM investment. Helsley will be a free agent at season’s end. That’s also true of Stanek, Rogers, Soto and probably Díaz (who can opt out of the remaining two years and $37MM on his contract). New York holds a club option on southpaw Brooks Raley. There’ll be a lot of turnover next season, but it’s a high-octane group for the stretch run.

The Mets are loading up at the same time as the Phillies are dealing two highly-regarded prospects for Minnesota’s star closer, Jhoan Duran. Philadelphia is percentage points above New York in what should be a fantastic NL East race. The Mets have also been linked to center field upgrades — Luis Robert Jr., most prominently — and could turn their attention to the lineup over the final 22 hours before the deadline.

On the other end, the Cardinals are parting with a player who has spent a decade in the organization. Helsley was a fifth-round pick in 2015 and has spent parts of seven seasons with the big league club. The Cardinals curiously opted not to trade him last offseason despite cutting payroll and viewing 2025 primarily as an evaluation year for their young players. St. Louis hung around the playoff mix for a while, but an 8-15 record in July has sealed their fate as deadline sellers.

Helsley acknowledged last week that a trade was coming. While he’d spoken a few times about wanting to sign an extension with St. Louis, the team never seemed to reciprocate the interest. They weren’t especially likely to make him a qualifying offer that should land north of $22MM. (Teams cannot make a QO to players acquired midseason, so the trade ensures that Helsley will hit free agency unencumbered.) The Cards have dropped close to .500 and sit five games back in the Wild Card picture, making a trade inevitable.

In all likelihood, they’re getting a slightly lesser return than they would have received had they shopped Helsley over the winter. Baez, a 20-year-old infielder, is the headliner. He placed in the back half of the Mets’ top 10 prospects at both Baseball America and MLB Pipeline. Eric Longenhagen at FanGraphs slotted him 15th in his organizational writeup last June.

The righty-hitting Baez impresses evaluators with his bat speed and contact skills. That comes with a tendency to expand the strike zone that alarms some scouts, though, and Baez is not expected to have the requisite athleticism to stick at shortstop. He’s a potential regular at third base who remains at least a couple years from big league readiness. Baez is playing in a pitcher-friendly setting in High-A, batting .242/.332/.390 with 10 home runs and a lower than average 16.3% strikeout rate.

Dohm, a 6’4″ right-hander, was New York’s third-round pick last summer. The Mississippi State product has combined for a 2.87 ERA with a near-29% strikeout rate in 18 starts in the low minors. He ranked 14th in the system at MLB Pipeline but was further down at BA (25th) and FanGraphs (42nd). Dohm battled forearm injuries in college and faces some durability questions. He leans most heavily on a potential plus fastball while mixing in a slider and curveball. There’s a decent chance he’ll wind up in relief, but the Cards will presumably continue developing him as a starter.

Ellisalt was New York’s 19th-round pick last summer. FanGraphs ranked him 43rd in the system, writing that his fastball/slider combination gives him a shot to be a middle reliever if his command becomes passable. He’s a 23-year-old reliever with a 3.04 ERA and strong 29% strikeout rate against younger competition between two A-ball levels.

This’ll be the first of multiple subtractions from the St. Louis bullpen. Impending free agents Phil Maton and Steven Matz should both be moved. Lefty JoJo Romero has an additional season of arbitration control but could be dealt as well. None of those players will command as strong a return as Helsley did, but the Cards could add a few more mid-tier prospects to the farm system by tomorrow evening.

Jon Heyman of The New York Post first reported the Mets were closing in on a deal for Helsley. Anthony DiComo of MLB.com confirmed the deal was in place and was first with Baez as the headliner of a three-player package. Heyman was first on Ellisalt and Dohm. Image courtesy of Jeff Curry, Imagn Images.

Phillies Could Consider Move To Bullpen For Jesus Luzardo

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The Phillies have made improving their bullpen the club’s top priority this summer. They already signed David Robertson to help pitch in for the stretch run and into the playoffs, and since then have been connected to a bevy of high-end relief arms ranging from Griffin Jax and Jhoan Duran of the Twins to less expensive options like David Bednar of the Pirates and Ryan Helsley of the Cardinals. Matt Gelb of The Athletic provided an update on the state of Philadelphia’s bullpen pursuits today, and part of that update was a report that the club could consider a move to the bullpen for talented lefty starter Jesus Luzardo depending on how the bullpen looks after the deadline.

According to Gelb, it remains “unclear” if the Twins will actually move either Jax or Duran before the deadline and the Phillies have “balked” at Pittsburgh’s asking price for Bednar. That might leave Helsley as the club’s best option to get a deal done, and Gelb suggests that there’s a “potential path” to the two clubs working out a deal that sends the two-time All-Star to Philadelphia. With that said, Gelb also cautions that Helsley is getting widespread interest. That’s not a shock after reporting yesterday indicated that at least half a dozen teams were involved in Helsley’s market, of course, but Gelb notes that the club may have to get “creative” in its efforts to revamp the bullpen if a deal for Helsley cannot be worked out.

That creativity, it seems, could involve Luzardo. The southpaw has had a rollercoaster first season in Philadelphia. After looking like an early-season Cy Young candidate with a 2.15 ERA in 11 starts, the southpaw was blown up for 20 runs in 5 2/3 innings of work across two appearances. He’s settled in somewhat after those disastrous outings, but his ERA in nine starts since then has been a rather pedestrian 4.10. All of this comes against the backdrop of peripherals that are nothing short of elite. Luzardo has a 27.1% strikeout rate, an 8.5% walk rate, a 42.4% ground ball rate, and a 6.6% barrel rate. His ability to strike batters out at a high level while generally keeping the ball on the ground and missing barrels creates a strong overall package, as demonstrated by his 2.97 FIP and 3.56 SIERA.

Impressive as Luzardo’s underlying numbers are, however, it’s undeniable that the Phillies have an excess of rotation options. Luzardo is joined by Zack Wheeler, Cristopher Sanchez, Ranger Suarez, and Taijuan Walker in the rotation as things stand. Aaron Nola is due to return from the injured list in the near future, and top prospect Andrew Painter has been knocking on the door of the majors all season long. Wheeler, Sanchez, and Suarez are all locked in as the club’s likely Game 1, 2, and 3 starters in a playoff series, and Nola’s innings-eating ability surely won’t be moved out of the rotation either.

That leaves just one spot available for Luzardo, Walker, and Painter. Gelb notes that the Phillies entered 2025 expecting to need to manage Luzardo’s innings in at least some capacity, and while they don’t feel it’s strictly necessary at this point that could still make it easier for them to decide to move Luzardo to relief. Luzardo has a 3.64 ERA in his first time facing the opposing lineup this year, but that rises to 4.03 on the second turn through the order and balloons all the way up to 6.04 on the third. Perhaps the combination of the club’s long-standing plan to manage Luzardo’s innings and his weaker performance after going through the order multiple times could push the organization to try the lefty out as a bullpen piece.

It’s certainly a part of the roster that needs attention, even after signing Robertson. Jordan Romano hasn’t worked out as the club’s closer, and Jose Alvarado was hit with a PED suspension that will render him ineligible for the postseason. Robertson has a phenomenal track record but must be considered a question mark in his age-40 season without a typical Spring Training ramp-up process. Matt Strahm, Orion Kerkering, and Tanner Banks have all been quality arms, but more help is needed. It’s certainly not hard to imagine Luzardo being able to plug that hole given his impressive stuff that would surely play up even further in a relief setting. Luzardo has 16 relief outings under his belt throughout his career, though he’s pitched out of the rotation exclusively since 2022.

While Luzardo moving to the bullpen could make some sense, it’s certainly not the only way the club could bolster its relief corps—even if none of Duran, Jax, Helsley, or Bednar can be had. Pete Fairbanks, Robert Suarez, Kenley Jansen, and Raisel Iglesias are other hurlers with closing experience who are rumored to be available on at least some level. There’s plenty of interesting non-closers to be had as well, such as Danny Coulombe, Phil Maton, Dennis Santana, Andrew Kittredge, and Anthony Bender. Beyond those veteran names, the Rockies are known to be open to moving many of their young relievers, and it’s even possible that someone like Camilo Doval could be available in the right deal. With so many viable late-inning relief arms available on the market, it would be something of a shock if the Phillies were to strike out on all of them.

Rangers, Yankees Among Teams Interested In Ryan Helsley

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As the Cardinals head into the deadline as likely sellers, a handful of the club’s players are getting significant attention on the trade market. Of the team’s major pieces, no player is more likely to be moved than closer Ryan Helsley, a free agent after the 2025 season. The Dodgers and Mets have already been connected to Helsley in some capacity this summer, while the Phillies were known to have interest in the closer earlier this year and the Blue Jays were among the clubs to check in on his availability this past offseason. MLB.com’s Mark Feinsand reports that all four of those teams remain current suitors for Helsley, and adds two more interested teams to the pile: the Rangers and the Yankees.

Helsley, 31, is arguably the best rental reliever on the trade market this summer. A two-time All-Star, Helsley sports a strong resume as one of the top closers in the sport. He’s posted a 2.03 ERA with a 2.55 FIP across 203 2/3 innings of work since the start of the 2022 season. Along the way, he’s picked up 102 saves and struck out batters at a 32.9% clip. It’s an undeniably elite profile, and while his 2025 numbers may not be quite on that level he’s still been fantastic for the Cardinals this year. In 36 innings of work, Helsley has posted a 3.00 ERA with a 26.1% strikeout rate and converted 21 saves in 26 opportunities. Those five blown saves have already matched a career high, but Helsley still figures to be very attractive in a market where other rental closers like Raisel Iglesias and Kenley Jansen come with blemishes of their own.

There are other relievers who are surely more attractive than Helsley available, but each of those elite closers come with team control beyond the 2025 season and as such will cost significantly more in terms of prospect capital. Helsley could be a more affordable option for clubs who balk at the prices of Jhoan Duran, David Bednar, Pete Fairbanks and others—particularly after Guardians closer and likely trade candidate Emmanuel Clase was effectively taken off the market by a sports betting investigation. Clase’s exit from that market will likely further incentivize other clubs with controllable relief talent to keep their prices elevated, and reporting earlier today suggests that the Pirates are asking interested clubs for a package headlined by a prospect within that their organization’s top five in exchange for Bednar.

That could make Helsley a particularly intriguing addition for clubs that aren’t especially keen to give up top talent, and the Yankees and Rangers may both fall into that bucket to some degree. There have been some signals that Aaron Judge’s elbow injury has pushed the club to consider being less aggressive than usual this summer, and when teams would surely be asking for top talents like George Lombard Jr. and Spencer Jones in exchange for top controllable relief arms it could make sense for the Yankees to prioritize a more affordable rental player like Helsley. On the other hand, with Devin Williams already in the fold the club may be comfortable looking at relievers without Helsley’s closing experience like Danny Coulombe or perhaps even teammate Phil Maton.

The Rangers, meanwhile, appear to be leaning heavily towards buying and have already been connected to Bednar today. Texas has no established closer in the fold so, someone like Helsley to lock down the ninth inning could be very valuable for them. With that said, the team has a solid but not excellent 47.9% chance of making the playoffs according to Fangraphs. Another complicating factor is the luxury tax, which ownership appears determined to avoid paying into this year. Helsley’s $8.2MM salary is hardly exorbitant and the Rangers would only have to pay a pro-rated portion of it to cover the final two months of the season, but perhaps the club would prefer to focus on someone like Bednar who would be under control for next year and come with less of a short-term financial burden.

Given that Helsley is a rental, any team that acquires him will have to battle it out for his services in free agency barring a surprise extension. That’s a battle that very well could include the Cardinals themselves, as Derrick Goold of the St. Louis Post-Dispatch writes today that Helsley has made clear to the club that he would be willing to return to St. Louis via free agency this offseason even if he winds up being traded over the coming days. It’s far from common for traded rentals to return to the club that dealt them the following winter, but Helsley has long indicated he would like to remain in the organization beyond this season. Goold notes that it has occurred in a few high-profile cases in recent years, such as with Aroldis Chapman and the Yankees at the 2016 trade deadline as well as Jeurys Familia and the Mets back in 2018.

Starling Marte Drawing Trade Interest

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With two hits in the Mets’ 5-3 win over the Giants tonight, Starling Marte is now slashing .289/.372/.416 over an even 200 plate appearances this season, which translates to a very solid 129 wRC+.  The veteran hitter’s continued production in his age-36 campaign hasn’t gone unnoticed, as the New York Post’s Mike Puma reports that multiple teams have checked in with the Mets about Marte in the lead-up to the trade deadline.

Marte has served almost exclusively as a designated hitter in 2025, with only a handful of appearances as a corner outfielder.  Initially tabbed as part of a righty/lefty DH platoon with Jesse Winker, Marte has ended up getting more action right-handed pitching than against southpaws, and he took a .793 OPS in 86 PA against lefties and a .762 OPS over 110 PA against righties into action tonight.  Marte is benefiting from a .336 BABIP and he isn’t generating much power, but the former All-Star has shown he is still productive within somewhat limited parameters.

Now in the final season of the four-year, $78MM free agent deal signed in the 2021-22 offseason, Marte has around $6.4MM remaining of his $19.5MM salary for the 2025 campaign.  While not the biggest chunk of change to take on over the season’s final two months, it does seem a little steep for a part-time primary DH, so it is interesting to speculate on what exactly other clubs could be offering Marte, or what the Amazins are asking in return.  New York floated Marte’s name in trade talks this past offseason, with the Mets reportedly willing to cover part of that $19.5MM salary in order to help facilitate a deal.

The Royals were the only team publicly linked to Marte’s market, though obviously no agreement was reached.  Hypothetically, it stands to reason that Kansas City could still be an interested party, given how the Royals are struggling offensively and have gotten next to nothing from their outfielders or their lineup in general.  Marte could be slotted into the Royals’ DH slot moreso than a regular role in the outfield, though K.C.’s acquisition of Randal Grichuk may have filled some of that need with a player who has more defensive utility.

Trading Marte would free up some space within a Mets lineup that is already overloaded in position players.  While the younger members of New York’s infield mix have been inconsistent this year, the Mets would probably prefer to deal a veteran on an expiring contract like Marte before parting ways with a more controllable talent, even if younger players are likewise more attractive to trade suitors.

It is fair to assume the Mets would look to land pitching when trying to deal Marte or any hitter.  The Mets have reportedly shown interest in a number of different starters, and president of baseball operations David Stearns said even after Friday’s Gregory Soto acquisition that the bullpen is still the team’s primary focus as the deadline approaches.  To that end, the Athletic’s Will Sammon added Ryan Helsley to the long list of relievers under consideration, but as of early Sunday morning, the Mets had yet to actually have any talks with the Cardinals about the closer.

Ryan Helsley Expects To Be Traded

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Ryan Helsley has stood as a logical trade candidate for upwards of ten months now, dating back to the Cardinals’ declaration that they planned to reduce payroll heading into the 2025 season and focus on creating opportunities for young players. St. Louis surprisingly held onto Helsley all offseason and up into deadline season. After holding a Wild Card spot earlier this summer, they’ve gone dropped 13 of their past 19 games and now sit nine games out of the division lead. They’re still just two and a half games back in the Wild Card scene but have three teams to leapfrog.

With the team’s recent slide, indications have been that they’ll wind up operating primarily on the sell side of the market. Derrick Goold of the St. Louis Post-Dispatch has reported in the past couple days that the Cards are listening on not only Helsley but also relievers Phil Maton and Steven Matz. Goold wrote this morning that the Cardinals aren’t necessarily turning away interest in lefty reliever John King or infielder Nolan Gorman — among other unnamed, more controllable pieces. (Presumably, southpaw JoJo Romero, who’s controlled through just the 2026 season, is obtainable as well.)

The reality seems to be setting in on the roster. Helsley told The Athletic’s Katie Woo tonight that the “likelihood is probably as great as it’s ever been for me to get traded” before going on to add: “I would say it’s 90 percent I go, 10 percent I stay.” Helsley made clear that his preference would be to remain with the Cardinals and win in St. Louis, but that’s not a decision that’s under his control at the moment.

At least five clubs have shown interest in Helsley, per Woo and colleague Will Sammon. The Dodgers are known to have interest in the 31-year-old flamethrower, and the Phillies were connected to him earlier this season. Back in the offseason, the Blue Jays were among the teams with interest, and it stands to reason now that they’re clear deadline buyers, they could revisit their pursuit of the impending free agent.

Helsley is earning $8.2MM in his final season of club control. The Cardinals could make him a qualifying offer and recoup a compensatory pick in the 2026 draft if he turns it down and signs elsewhere, though that would presume continued health and production from Helsley down the stretch. Neither is a guarantee. The most surefire way to extract some future value from the former All-Star is to trade him within the next week.

Helsley is having a nice season relative to the average big league reliever but a down year by his standards. He’s pitched 35 innings and logged a 3.09 ERA but has already blown five saves — more than he did all of last season (four). Helsley’s 25.5% strikeout rate and 9.2% walk rate have both trended in the wrong direction. He punched out 34.6% of his opponents from 2022-24, but his strikeout rate has now dipped for a third consecutive season. His walk rate is up from both the 8.6% and 8.4% marks he posted in 2024 and 2022, respectively, though it’s better than the 11.6% mark he logged in 2023 and right in line with his overall 2022-24 rate. He’s still averaging better than 99 mph on his fastball, though even his 99.3 mph average represents a modest dip from last year’s 99.6 mph.

That’s not to say Helsley doesn’t have much trade value. He’s one of the most talented relievers on the market, and the asking price on him will be considerably lower than on other marquee relievers like Emmanuel Clase, Jhoan Duran, Griffin Jax and David Bednar — all of whom are controlled at least one additional season (one for Bednar, two for Duran and Jax, three for Clase). Contending clubs covet power arms with high-leverage track records this time of year, and Helsley still checks those boxes, even if his results have dipped.

If the Cards string together several wins, perhaps they’ll ultimately wind up holding onto Helsley and plan to make him a qualifying offer. As things stand, however, the pitcher himself is bracing for a trade within the next week — and it sounds like several other Cardinals could end up on the move as well.

Poll: Who’s The Best Rental Reliever Available?

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Virtually every contender is on the lookout for bullpen help at the deadline, and this summer should be no exception. The Dodgers, Tigers, Phillies, Yankees, Cubs, and Mets have all been connected to the relief market already this summer, and plenty of other clubs will surely be searching for upgrades to their relief corps as well. An unusual quirk of this summer’s trade market, however, is that the majority of the most frequently discussed names are elite arms controllable beyond the 2025 season. Jhoan Duran, Emmanuel Clase, Mason Miller, David Bednar, and Pete Fairbanks are just a handful of the high-end relievers with multiple years of team control who have found themselves in the rumor mill this July.

Many of those big names likely won’t be moved, however, and the ones that do get traded are likely to come with hefty price tags. For teams with less prospect capital to spend or other areas they’ll need to balance upgrading, perhaps adding rental relief help at a lower price could be a more attractive path to take. Who’s the most interesting pending free agent available to help a contender’s bullpen this summer? A look at some of the options:

Danny Coulombe

Coulombe, 35, has long been one of the better left-handed setup men in the game when healthy. With that being said, for the majority of his career the southpaw has carried a hefty platoon split. He’s a career 2.13 ERA arm against same-handed pitching, but righties have managed to post a 4.14 figure against him over the years. That has limited Coulombe’s abilities as a shutdown set-up man over the years, but he’s changed that narrative with the Twins this year. Not only has he posted a microscopic 0.63 ERA in 28 2/3 innings of work, he’s done so with a 1.23 ERA and a 1.93 FIP against right-handed hitters. Those utterly dominant numbers would be welcome in any contender’s bullpen, though Coulombe’s shaky track record against opposite-handed batters and his small sample of work this year could make him less attractive than his rate numbers would otherwise imply.

Ryan Helsley

Helsley was one of the most talked about trade candidates in baseball for much of last offseason, though the Cardinals ultimately opted to hold onto him. Now that the club appears to be signalling that a sell-off could be in the cards this summer, however, Helsley appears more likely to be moved than ever before. The only problem is that he’s currently in the midst of by far his weakest season since his breakout All-Star campaign in 2022. While he posted a sterling 1.83 ERA, 2.35 FIP, and 34.6% strikeout rate across his last three seasons, Helsley’s 2025 hasn’t been nearly that special. His 3.18 ERA in 34 innings of work is still 32% better than league average, but a 3.77 FIP is downright pedestrian thanks in large part to a massive drop in strikeout rate. He’s punching out just 24.8% of his opponents this year, all while walking 9.4% of batters faced. The 30-year-old still offers premium velocity and is clearly an above-average arm with plenty of closing experience, but he’s not quite the slam-dunk superstar he would’ve been this time last year.

Raisel Iglesias

Iglesias isn’t having an amazing season on the whole but is in a strong groove at the moment. He has a 5.12 ERA on the season but most of the damage came earlier in the year. From June 9th until July 18th, he tossed 13 2/3 scoreless innings with a 37.5% strikeout rate and 2.1% walk rate. His most recent outing was a four-run clunker, but that still leaves him with a 2.45 ERA over his past 14 2/3 innings. Though it’s not his best year, he has 235 saves and a 2.99 ERA in his decade-plus career, so he’ll certainly garner interest.

Kenley Jansen

In the midst of his 16th big league season, the 37-year-old Jansen has begun to show his age with declining peripherals (4.24 FIP, 4.43 xFIP) but has generally remained as effective as ever at closing out games when looking at pure results. His 3.28 ERA across 35 2/3 innings of work has been enough to allow him to convert 17 of his 18 save chances, and virtually all of the damage he’s allowed this year was part of a six-run, two-out blow-up back on May 2. He had made eight appearances without surrendering a run prior to that outing, and since then he’s posted a 2.33 ERA and 3.02 FIP across 27 innings of work. It’s hardly reasonable to ignore that meltdown earlier this season entirely, but given Jansen’s Hall of Fame caliber track record and strong performance in every other outing this season, it’s not hard to imagine contending clubs believing he’ll be more valuable than his season-long peripherals might otherwise suggest.

Steven Matz

The 34-year-old Matz stands out from the rest of the rental relief crowd as a hurler with plenty of starting experience who was used as a multi-inning reliever and spot starter as recently as earlier this season. His 3.29 ERA and 2.90 FIP across 52 innings of work this year are certainly impressive on paper, but a closer look at his numbers reveals some reason for pause. Since the start of May, Matz has been used exclusively in short relief and hasn’t exactly taken to the role change well with a 4.82 ERA and 3.73 FIP in 28 innings of work over his last 20 appearances. Perhaps an interested club would look at that improved peripheral and see potential, but it should be noted that Matz carries a massive platoon split this year; while lefties have been held to a .182/.222/.234 against him this year, righties have slashed a much more robust .290/.321/.435. That’s not exactly what you want from a late-inning reliever, but Matz could still provide unique value to clubs as a dominant hurler against lefties who could be stretched out for longer appearances as needed.

Other Options

The aforementioned five names are hardly the only options worth considering. Caleb Ferguson of the Pirates, Seranthony Dominguez of the Orioles, and Jakob Junis of the Guardians are among a number of set-up men in the midst of solid seasons, though none have numbers or track records quite as impressive as the group listed above. Kyle Finnegan of the Nationals has a long track record of success in the ninth inning but didn’t get much interest in free agency this winter and he now has a 4.62 ERA this year. Diamondbacks closer Shelby Miller would have a strong argument as one of the top options on this list if not for a forearm strain suffered early this month that could require surgery, though a return later this year has not yet been ruled out.

Who do MLBTR readers view as the best rental reliever available this summer? Should teams prioritize the strong track records of Helsley, Iglesias and Jansen, or the recent excellence of Coulombe? Or perhaps Matz’s flexibility to be used in multiple roles makes him most attractive of all? Have your say in the poll below:

Dodgers Pursuing High-End Bullpen Upgrades

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The Dodgers are known to be in the market for bullpen help after injuries to Evan Phillips, Michael Kopech and Blake Treinen have thinned their relief corps. They’re focused on several of the market’s most high-profile names, per USA Today’s Bob Nightengale, who reports that L.A. has inquired on Guardians closer Emmanuel Clase, Pirates closer David Bednar, Cardinals closer Ryan Helsley and Orioles closer Felix Bautista (in addition to previously reported interest in Minnesota’s Jhoan Duran and Griffin Jax).

Los Angeles was active on the relief market over the winter, signing Tanner Scott to a four-year deal, Treinen to a two-year contract and Kirby Yates to a one-year pact. Neither Scott (4.00 ERA) nor Yates (4.08) have performed up to expectations, however, and Yates has also missed some time due to a hamstring strain (though he’s been healthy for the past month and a half). Dodgers relievers rank 24th in the majors with a 4.38 earned run average, and they’re at an ugly 5.28 mark over the past month.

Of the names listed, Bednar is the likeliest to change hands. The Pirates, in last place in the NL Central, were swept by the White Sox this weekend and are surefire sellers. Bednar is earning $5.9MM this year and is owed one final raise in arbitration this winter before becoming a free agent in the 2026-27 offseason. The 30-year-old struggled through a down season in 2024 and pitched poorly enough early in 2025 to be optioned to Triple-A; he’s been in vintage form since returning from a brief two-week demotion.

Over his past 31 innings, Bednar boasts a 1.74 ERA with a massive 36.4% strikeout rate against a 5.8% walk rate. He’s currently in a 17 1/3-inning streak without allowing an earned run — his last earned run was on May 24 — and has posted a 23-to-4 K/BB ratio in that time. Pirates ownership has reportedly nixed some trade talks on Bednar, a Pittsburgh native, in the past. That’s not expected to be the case this time around.

Helsley has a good chance of moving as well. The Cardinals dropped their first two games coming out of the All-Star break and are three back in the NL Wild Card chase. They’ve outperformed all expectations this season after an offseason of inactivity, but they entered the season expecting this to be a transition year as their baseball operations staff turns over. If the Cards win several games in a row and nudge further up the standings, they could wind up hanging onto Helsley, whom Derrick Goold of the St. Louis Post-Dispatch recently highlighted as a potential qualifying offer candidate. Nightengale writes that the Cards don’t plan on making a QO to Helsley, though that could simply indicate there are differing opinions within the front office on whether that’d be prudent.

Helsley, 31, certainly makes sense as a potential QO candidate. He’s been among the best relievers in the National League over the past four seasons, working to a combined 2.06 ERA with 101 saves. This year’s numbers have dipped a bit. He’s sitting on a 3.27 ERA with a 24.8% strikeout rate and 9.7% walk rate. It’s still  a strong performance overall, but not up to the lofty standards he’d set from 2022-24. He’ll still command sizable interest — Nightengale writes that five contenders have been in touch with the Cardinals about him — and should be able to net the Cardinals greater value  (and certainly more MLB-ready talent) than they’d net with a compensatory draft pick if Helsley rejected his QO and signed elsewhere.

The other relievers highlighted are less likely to be traded. Cleveland is reportedly listening on Clase and teammate Cade Smith, but both players will have exorbitant asking prices. Clase is signed cheaply through 2026 and has a pair of affordable club options. Bautista is arbitration-eligible in 2026 and 2027, and the Orioles are far likelier to trade short-term rentals than players controlled multiple years beyond the current season. Both Duran and Jax are controlled through 2027 as well, and the Twins are still on the fringes of the AL Wild Card race as well.

Latest On Cardinals’ Bullpen Trade Candidates

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Cardinals lefty Steven Matz has drawn some trade interest as the July 31 deadline inches closer, reports Derrick Goold of the St. Louis Post-Dispatch (video link, bullpen talk beginning around the 4:10 mark). “There are a handful of teams at least poking around on Matz,” per Goold. He adds that the Cardinals will also likely be open to offers on righty Phil Maton but would need a very strong offer to trade closer Ryan Helsley, who could receive a qualifying offer if he’s not moved.

[Related: St. Louis Cardinals Trade Deadline Outlook]

Matz, 34, is in the final season of a four-year, $44MM contract. He’s being paid $12MM this season and has about $4.65MM of that sum yet to be paid out. By the time deadline day rolls around, he’ll have about $3.8MM to go on that contract.

While the four-year deal hasn’t panned out as hope — Matz was injured/ineffective in both 2022 and 2024 — the 2025 season has been a good one for the veteran lefty. Matz has pitched well in two starts (nine innings, one run, 11 strikeouts, no walks) but has spent the majority of the season working in a multi-inning relief role. He’s pitched to a 3.35 ERA in 51 innings overall, fanning 21.4% of his opponents and limiting walks at a terrific 4.3% clip. He’s hit a rough patch of late, allowing nine runs in his past dozen innings, but it’s generally been a nice rebound year for the southpaw.

Goold adds that Matz has drawn interest from teams looking to fill a variety of roles. He obviously has a long track record as a starter and is pitching in multi-inning stints right now. It’d be possible to stretch Matz back out as a relatively under-the-radar target for teams seeking to fortify the back end of the rotation. Conversely, Matz has clear value in his current multi-inning role, and he has the stuff and results to succeed in a more traditional single-inning setup role.

Maton, 32, has been one of the top bargain pickups of the offseason. He surprisingly languished on the free-agent market into March despite a nice 2024 season — really, a nice three-year run from 2022-24 — and ultimately signed for a modest $2MM guarantee with the Cards. He’s been a key arm in the St. Louis bullpen, pitching 35 1/3 innings with a 2.55 ERA, a 30.4% strikeout rate rate and a 9.5% walk rate. That strikeout rate would be a career-best in a 162-game season.

The lack of interest in Maton may have stemmed from some worrying trends with regard to his velocity. He’s never been a hard-thrower, but last year’s 88.7 mph average on his cutter and 87.5 mph average on his sinker were steps down from the prior season (and a career-worst with regard to his sinker). He’s added about two miles per hour to each pitch in 2025, sitting 90.4 mph on his cutter and 89.5 mph on his sinker.

It’s still below-average velocity, but this is the fourth straight year that Maton has enjoyed success with meager heat on his pitches — and he’s only owed about $774K more of this year’s salary as of this writing ($634K after deadline day). Budget-crunched teams seeking a reliable setup arm should have interest. Maton has already tied a career-high with 18 holds, and he’s picked up a pair of saves as well.

As for the 31-year-old Helsley, he’s enjoying a strong season overall but hasn’t matched his 2024 dominance. Last year, the flamethrowing righty notched a 2.04 ERA with an NL-best 49 saves while fanning 29.7% of his opponents. This season, he’s pitched to a 3.27 ERA with a 24.8% strikeout rate, a 9.7% walk rate and 19 saves. He’s still owed about $3.17MM of this year’s $8.2MM salary (a number that’ll dip to $2.6MM by the day of the deadline itself).

Last year’s qualifying offer clocked in at $21.05MM. That number figures to rise this season. It’d be a steep price to pay for one year of any reliever, but there’s a good chance Helsley would still reject the QO and look for a lucrative multi-year contract. He won’t command an AAV that strong on a longer-term deal, but this offseason will represent his best chance to cash in on a long-term deal.

There’ll surely be some temptation to accept that sizable one-year deal and test the open market post-2026, without the burden of draft pick compensation, but doing so runs the risk of incurring an injury or major downturn in performance next year. Relief pitching is immensely volatile on a year-to-year basis. There’s also the looming specter of a potential lockout in the 2026-27 offseason, given the Dec. 2026 expiration of the current collective bargaining agreement. Having a multi-year deal in place is surely preferable to being a free agent in such an uncertain offseason.

If Helsley were to reject a QO and sign for more than $50MM total — which seems quite attainable — the Cardinals would receive a compensatory pick after the first round in the 2026 draft. Any return on Helsley would need to reflect that. It’s also possible the Cardinals have some hope of keeping Helsley, whether via that one-year QO or perhaps by negotiating a multi-year extension after making said offer. Helsley has said in the past that he’d love to stay in St. Louis long-term.

Any decisions on Helsley — and, to a lesser extent, Matz and Maton — will hinge on the Cardinals’ play in the early stages coming out of the All-Star break. At 51-46 on the season, they’re currently 6.5 games back of the division-leading Cubs but only 1.5 games back of the final Wild Card spot in the National League.

The Cardinals open the season’s second half with a pivotal three-game road set against a D-backs club in a similar position of needing to string together some wins to avoid a notable deadline sell-off. The Cardinals, 22-26 on the road versus 29-20 at home, will send Andre Pallante, Sonny Gray and Miles Mikolas to the mound. Arizona will counter with Brandon Pfaadt, Ryne Nelson and Merrill Kelly. The Cardinals then head to Colorado for three games before hosting the Padres and Marlins in their final two series prior to the July 31 trade deadline. With a strong performance over the next 12 games, they could opt to hold onto most of their veterans and look to add pieces, while a string of series losses could be the deciding factor in trading away short-term veterans.

Phillies, Diamondbacks Interested In Ryan Helsley

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The calendar has not yet even flipped to May, leaving more than three months to go until MLB’s trade deadline on July 31. That hasn’t stopped some teams from assessing their needs and even beginning to look into potential targets for the summer, however, and USA Today’s Bob Nightengale writes that the Phillies and Diamondbacks both already have an eye on Cardinals closer Ryan Helsley. There’s no indications that St. Louis is currently listening to offers on their closer, nor that either Philadelphia or Arizona has reached out to Cardinals brass at this point, though Nightengale goes on to suggest that Helsley is “likely” to be dealt prior to the deadline.

It’s easy to see why Helsley would be an attractive candidate for teams looking for a closer. The righty emerged as the Cardinals’ closer in 2022 and has been nothing short of dominant ever since, with a combined 1.83 ERA (225 ERA+), a 34.6% strikeout rate, and and 2.35 FIP to go with 83 saves over the past three years. Those numbers are nothing short of elite: Among all qualified relievers during that stretch, Helsley’s ERA is third (behind Emmanuel Clase and Devin Williams), his FIP is fourth (behind Williams, Matt Brash, and Edwin Diaz), his saves total ranks sixth, and his strikeout rate ranks eighth.

Those sensational numbers made Helsely a prime trade target for clubs in need of relief help over the winter, including Arizona and Toronto. The Cardinals seemingly rebuffed offers on their closer throughout the offseason, however, even as they opted not to discuss an extension with their closer as they shied away from making long-term commitments this winter. St. Louis’s 12-15 record puts them 4.5 games back of the Cubs in the NL Central and three games underwater. It’s still plenty early enough for virtually any team in the majors to go on a run and get themselves into the playoff conversation, but failing a surprise reversal in fortune a Cardinals front office that attempted to soft-launch a retooling over the offseason appears likely to sell rental pieces like Helsley this summer.

Should Helsley be dangled by the Cardinals later this year, they’ll surely find plenty of suitors. Toronto pivoted to sign Jeff Hoffman after they failed to land Helsley, and that decision is going swimmingly so far. The Diamondbacks did not find a closer over the offseason, however, so Nightengale’s report that they have continued interest in Helsley makes plenty of sense. That’s particularly true after A.J. Puk was shelved last week due to elbow inflammation that seems likely to keep him out of action for the foreseeable future, further denting a bullpen that relied primarily on Puk and Justin Martinez to close out games.

The Phillies, meanwhile, attempted to address the losses of Hoffman and Estevez in free agency by signing non-tendered Jays closer Jordan Romano. The 32-year-old had been one of the league’s top closing pitchers not long ago, with a 2.29 ERA and two All-Star appearances between 2020 and 2023. Things changed last year, however, as Romano battled elbow inflammation and pitched to an ugly 6.59 ERA in the 15 appearances he did make. That led the Jays to non-tender Romano, and the Phillies eventually snapped him up on an $8.5MM guarantee. That deal was signed with the idea that Romano would join lefties Jose Alvarado and Matt Strahm in the late innings for the Phillies this year, but things haven’t gone to plan as he’s allowed a whopping 15 runs (14 earned) in just 9 1/3 innings of work over 11 appearances.

It’s hardly a shock that such an ugly performance has inspired the Phillies to begin surveying closing possibilities on the trade market. The club’s core is continuing to age and with players like Ranger Suarez, Kyle Schwarber, and J.T. Realmuto set to hit free agency this winter the team could look extremely different this time next year. If 2025 proves to be the Phillies’ last opportunity to win with their current core, it would make sense to be aggressive in supplementing it this summer even as they enter play today with a relatively pedestrian 14-13 record. Adding a solid back-end reliever like Helsley, as they did when they dealt for Estevez last year, could go a long way to helping Philadelphia gear up for a playoff run in what looks to be an extremely competitive National League this year.

As sensible as the addition of a player like Helsley may be, Nightengale is quick to note that the Phillies aren’t interested in trading their very best and most impactful prospects. Specifically Nightengale writes that both Andrew Painter and Aidan Miller won’t be included in any trade, and that’s hardly a surprise given that both are well-regarded pieces with high ceilings who are already in the upper levels of the minors. It would be a shock if either of them were traded this summer and it’s almost unfathomable that either could ever be considered in a deal for a rental relief arm, even one as electric as Helsley.

Cardinals Reluctant To Make Long-Term Commitments This Winter

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The Cardinals have been among the league’s quietest teams this winter as they’ve to this point failed in their attempts to trade third baseman Nolan Arenado despite both sides preferring he play elsewhere in 2025. That difficulty in trading Arenado won’t force other cost-cutting moves according to club brass, but it does seem to have forced them to take a passive approach to the offseason with limited budget space available until and unless Arenado or another significant salary is traded. Recent comments from president of baseball operations John Mozeliak, as reported by Derrick Goold of the St. Louis Post-Dispatch, have further illuminated the club’s goals this winter.

During last weekend’s Winter Warmup fan event, Mozeliak told reporters that his goal for the winter has been to create a “clean slate” for incoming president of baseball operations Chaim Bloom, who will replace him at the head of baseball operations when Mozeliak’s contract expires after the 2025 season. That desire to offer Bloom maximum flexibility as he takes over baseball operations has seemingly informed the club’s attempts to move Arenado. As Goold notes, Arenado is one of just three players who have a guaranteed contract in place beyond the 2025 season. The other two veterans, slugger Willson Contreras and right-hander Sonny Gray, both declined to waive their no-trade clauses earlier this winter and plan to stick in St. Louis going forward.

Aside from attempting to shed long-term commitments where possible, Goold adds that the Cardinals appear similarly reluctant to make new ones this winter. While the club is reportedly in the market for a late-inning reliever to replace Andrew Kittredge, it appears they club is hoping to avoid a longer-term agreement with a bullpen arm. That shouldn’t be too much of an obstacle given that the majority of the winter’s top relievers are already off the market and most veteran leverage relievers still available such as David Robertson, Kenley Jansen, and Tommy Kahnle are at an age where the vast majority of players are already limited to one-year offers on the open market. Filling the club’s reported desire for a right-handed bench bat who can complement a heavily left-handed lineup should be similarly easy to do on a one-year deal, as multi-year deals for projected bench players are few and far between.

Given the nature of the club’s external needs this winter, Mozeliak’s preference to avoid longer-term commitments this offseason appears likely to have more of an impact on the club’s approach to extensions. Closer Ryan Helsley, a free agent after the 2025 season, spoke candidly last weekend about the lack of extension talks between his camp and the Cardinals to this point. Meanwhile, reporting earlier this month suggested that the Cardinals were discussing a multi-year extension with utility man Brendan Donovan but no deal ultimately came together. Goold sheds some light on that situation, writing that the Cardinals have previously expressed interest in a multi-year deal with Donovan but did not “aggressively pursue” long-term deals with either him or any of the club’s other arbitration-eligible players this winter.

With one president of baseball operations finishing out the final year of his contract and his successor already both in the organization and announced as the future head of baseball ops, the Cardinals find themselves in an unusual position when it comes to committing to longer-term contracts even in the case of their own players. When asked about the possibility of extensions this offseason, Mozeliak indicated to Goold that the club remains open to conversation this spring but that Bloom would be involved in any negotiations given that he would be the person inheriting those longer-term commitments. Given that two top decision-makers would be involved in any negotiations this winter, it’s easy to imagine both sides preferring to table any extension talks until next year for players under team control beyond the 2025 season. At that point, Bloom will be fully in charge of baseball operations and have another year of direct evaluation under his belt with which he can make decisions.

Speculatively speaking, the Cardinals’ desire to provide Bloom with as much flexibility as possible when he takes over baseball operations after the 2025 season may also influence their decision to resist the idea of trading players who aren’t veterans on long-term, guaranteed deals. By keeping players with a handful of years of team control remaining like Donovan and Lars Nootbaar in the fold for 2025, Mozeliak offers Bloom the opportunity to decide whether or not the club should entertain an extension or trade for those players next winter.

Even rebuffing interest from rival clubs in players like Helsley and Erick Fedde could be a decision made in order to maximize flexibility when Bloom takes over, offering him the opportunity to extend the Qualifying Offer to either player if they turn in a sufficiently strong performance in 2025. MLBTR’s Anthony Franco discussed the Cardinals’ “half-measure” offseason in an exclusive article for Trade Rumors Front Office subscribers earlier this month, and the club’s apparent goal of maximizing the options at Bloom’s disposal when he takes over next winter could be an explanation for their apparent lack of urgency.

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