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Reds Reportedly Pursued Sonny Gray; Interested In Tyler Glasnow

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Right-hander Sonny Gray is reportedly in agreement with the Cardinals on a three-year, $75MM deal. Per a report from Mark Sheldon of MLB.com, the Reds pursued Gray and were “close” before Gray agreed with the Cards instead. Sheldon adds that the Reds are interested in righty Tyler Glasnow of the Rays, who is thought to be on the trading block.

Pitching is in an obvious target area for the Reds this winter, given that they have a surplus of position players. They have enough choices for their lineup that they declined their club option on franchise icon Joey Votto, with president of baseball operations Nick Krall explaining that the club didn’t have the necessary playing time for him. Jonathan India might be in a similar boat, despite having a reputation as a strong clubhouse presence and having won Rookie of the Year back in 2021. Reports have suggested a trade is likely, though Krall has pushed back on that.

Regardless of whether India is available or not, the pitching staff is clearly the place for the club to dedicate some resources, something that Krall has admitted. The talented lineup almost vaulted the Reds into the 2023 postseason, but they ultimately came up just short while deploying an injury-marred and insufficient pitching staff. The club’s hurlers had a collective 4.83 earned run average on the year, which placed them ahead of just five teams in the league. The rotation was a particular problem, as the starters posted a combined 5.43 ERA that was better than just the Athletics and Rockies.

Health was a significant factor there, with many of their young hurlers hitting the injured list. Lefty Nick Lodolo had a strong debut in 2022 but was limited to just seven starts this past year due to a stress reaction in his left tibia. Hunter Greene missed a couple of months due to hip pain and posted a 4.82 ERA in his 22 starts. Graham Ashcraft went to the IL both due to a left calf contusion and a right big toe stress reaction, being limited to 26 starts with a 4.76 ERA.

If all three of them are healthy next year, then that gives the club a solid young core. Lefty Andrew Abbott and Brandon Williamson should be in the mix after decent rookie seasons in 2023, with Abbott having recorded an ERA of 3.87 in 21 starts while Williamson was at 4.46 in his 23 outings. But Abbott’s 79.9% strand rate was a bit on the high side, leading his 4.20 FIP and 4.33 SIERA to be a bit skeptical of his ERA, whereas Williamson posted his passable results despite a subpar 20% strikeout rate.

There’s clearly lots of talent in that rotation mix but each guy is fairly inexperienced. In 2023, most of them were either injured or putting up tepid results or both. Bolstering this group with an established arm could raise the ceiling while also improving the depth, reducing the chances of them being undercut by injuries yet again in 2024.

It seems they have some funds available for such a pursuit, based on this report. While we don’t have any details on what kind of numbers the Reds were putting in front of Gray or if an official offer was made, the Cards seem to have sealed the deal at $25MM per season. The Reds could have offered a higher average annual value on two years or perhaps offered a four-year deal with a lower AAV, but the fact that they seemed to be in the running suggests that they had some ability to add a contract around that size.

That tracks with the interest in Glasnow as well, since he has one year left on his contract with that exact figure of $25MM. That’s a bargain for a pitcher of Glasnow’s quality, as he has a 3.03 ERA over the last five years, striking out 35% of batters while walking just 7.7% and keeping the ball on the ground at a 47.2% rate. He wouldn’t really help the injury instability in Cincinnati since he just returned from Tommy John surgery that wiped out much of his 2022. The 120 innings he threw in 2023 are actually a career high, as he’s dealt with various other ailments throughout his career. But he would immediately jump to the top of the rotation in Cincy if they were able to acquire him. MLBTR’s Anthony Franco recently took a look at 12 teams that made sense for Glasnow, with the Reds being one of them.

Whether they can actually get him is another question. The Rays have every intention of continuing to compete and aren’t rebuilding. The only reason Glasnow is considered available is because of his contract and the constant payroll concerns of the Rays. Sheldon adds that the club would be looking for an MLB-ready starter in return.

That makes sense when considering things from the Tampa perspective. In the 2023 season, each of Shane McClanahan, Jeffrey Springs and Drew Rasmussen underwent a significant elbow surgery and those three are set to miss most or all of the upcoming campaign. That leaves them with Glasnow, Zach Eflin and Aaron Civale in their rotation. Shane Baz should be in the mix but he just missed all of 2023 recovering from his own Tommy John surgery. Taj Bradley had a fairly uninspiring rookie campaign. Zack Littell could play a role but he was just recently moved from the bullpen to the rotation.

There’s plenty of uncertainty there and that’s especially true if Glasnow is removed from the equation. If the Reds were to strike on Glasnow, they would probably have to include one of their own young starters, allowing the Rays to save money but keep their rotation in competitive condition. After the Reds missed the playoffs, Krall spoke to reporters about the club’s lack of activity at last year’s deadline. “I don’t have any regrets not doing anything,” he said. “I still wouldn’t have given up players on our roster for shorter-term assets.”

Glasnow only has one year remaining on his deal, so he would be a short-term asset. Though by acquiring Glasnow in the offseason as opposed to the deadline, there would at least be the chance to recoup a draft pick later by extending the qualifying offer at the end of the 2024 campaign. Perhaps that makes Krall more willing to accept the acquisition cost of getting a short-term asset but it’s also something that the Rays will be factoring into their asking price.

Time will tell whether a Glasnow deal can come together, but even if it doesn’t, it seems the Reds have at least some willingness to add a sizeable contract to their books as a means of upgrading their rotation. Roster Resource estimates their payroll at just $52MM for 2024, as of today. They were at $83MM in 2023 and have been as high as $127MM in the past, per Cot’s Baseball Contracts. Even if they add a $25MM contract, they would only be at $77MM, presumably leaving more room for bullpen/bench additions as they look to take another step forward next year.

Cardinals Rumors: Yamamoto, Gray, Trade Scenarios

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The Cardinals added the first two of what they expect to be at least three starting pitchers this week, agreeing to a reunion with veteran righty Lance Lynn on a one-year deal worth a guaranteed $11MM and another one-year deal with Kyle Gibson worth $12MM. They’ll still look to add another arm, be it via free agency or trade. Among the more high-profile names they’re considering, per Derrick Goold of the St. Louis Post-Dispatch, are NPB ace Yoshinobu Yamamoto and AL Cy Young runner-up Sonny Gray. Goold’s report was published prior to the Cardinals’ agreement with Gibson, though it’s hard to imagine a one-year deal for a veteran innings eater would derail the club’s plans for higher-profile targets.

Pursuits of both right-handers were generally expected from a Cardinals club looking to add as many as three starting pitchers this winter — with at least one playoff-caliber arm among the presumed preferences. Goold has previously linked the Cards and Yamamoto, and he now writes that Yamamoto does not have any geographical preferences as he tests MLB free agency. He’s open to pitching on either coast or somewhere in between.

Despite his lack of MLB experience, the 25-year-old Yamamoto is widely projected to land the largest contract of any non-Shohei Ohtani pitcher this offseason. He’s considered by big league scouts to be a potential No. 1 or 2 starter in North American ball, and his combination of age and sterling track record make him an excessively rare type of free agent. Yamamoto has won the Sawamura Award, Japan’s equivalent of the Cy Young Award, in three consecutive seasons and just wrapped up a career-best campaign with a 1.21 ERA. He’s posted a sub-2.00 ERA in four of the past five seasons in NPB, fanning more than 27% of his opponents against a pristine 5.7% walk rate during that stretch.

Bidding on Yamamoto is expected to be fierce, perhaps pushing north of $200MM. (MLBTR ranked Yamamoto second among this offseason’s free agents and predicted a nine-year, $225MM deal.) He’s already drawn interest from a wide array of teams, reportedly including the Phillies (even after re-signing Aaron Nola), D-backs, Tigers, Red Sox, Yankees, Blue Jays, Giants, Mets, Dodgers, Cubs and surely more.

Gray, 34, would be a less-expensive but still high-profile upgrade to the St. Louis staff. He finished second to Gerrit Cole in American League Cy Young voting this season on the heels of a 2.79 ERA in 184 innings for the AL Central-champion Twins. He rejected a qualifying offer at season’s end, so he’d cost the Cards a draft pick and $500K of their international bonus pool, though for a pitcher of his track record, that’s perhaps not a detriment.

Gray’s age figures to limit the length of offers he ultimately commands. It’d be somewhat surprising to see him sign for more than four years, as even a four-year pact would run through his age-37 season — an age at which teams have tended to cap long-term deals in free agency. Gray is also on the radar for the Phillies, Braves and Red Sox. The Twins have voiced that they’d love to keep Gray as well — and Gray has said publicly that interest in a return is mutual — but with Minnesota expected to scale back payroll by around $10-20MM amid uncertainty regarding their television rights deal, it’s tough to envision them making the top bid.

In addition to their ongoing free-agent pursuits, the Cards are well-positioned to explore the trade market for potential rotation help. The team still generally has a glut of young position players, with more names on the roster than at-bats to go around. Dylan Carlson, Tyler O’Neill, Lars Nootbaar, Jordan Walker, Alec Burleson, Brendan Donovan, Tommy Edman, Nolan Gorman, Masyn Winn and Ivan Herrera simply don’t all have paths to regular playing time — particularly with veterans like Nolan Arenado, Paul Goldschmidt and Willson Contreras locked into the infield corners and catching duties.

As has been the case dating back to the summer, the Cardinals appear open to trading O’Neill and Carlson, per Katie Woo of The Athletic. However, just as it was last offseason and this past summer, Nootbaar is expected to stay in St. Louis. The 26-year-old hit .261/.367/.418 last year and cemented himself as the team’s center fielder. Injuries have limited Nootbaar in his early career, but he’s proven he can draw walks at an elite level while displaying intriguing batted-ball metrics and showing enough pop to top 20 homers per year if he can avoid the injured list. Add in his speed and ability to play all over the outfield, and he’s a valuable player whom the Cards understandably view as a core piece.

It’s not long ago that Carlson was viewed as a core piece, but after a pair of lackluster seasons at the dish, it seems the Cards are largely ready to move on from the one-time top prospect. It was something of a surprise that the switch-hitting center fielder wasn’t traded at the deadline, and it’d be even more surprising if he went the whole offseason without changing hands. The 25-year-old Carlson has batted .230/.316/.364 over the past two seasons — a far cry from the .266/.343/.437 output he turned in back in 2021. With three seasons of club control remaining and a projected $1.8MM salary in arbitration (via MLBTR contributor Matt Swartz), he should still draw interest.

That said, it’s doubtful a trade of Carlson or O’Neill (a free agent next winter looking to rebound from a down year) can command the type of rotation upgrade that now looks increasingly necessary after signing Lynn and Gibson. If the Cards are indeed focused on upgrading the top half of their staff, they’d perhaps need to make more controllable members of the roster available. Woo writes, however, that the Cards “prefer to hang onto” infielders Nolan Gorman and Brendan Donovan. Presumably, first baseman/outfielder Alec Burleson is in the mix of names that could be moved, but his own lackluster production through his first 400 MLB plate appearances (plus his limited defensive ceiling) has probably deflated his stock a bit.

All in all, it’s a bit surprising that the Cards jumped the market for a pair of back-end innings eaters. Doing so ensured the stable, bulk innings the front office no doubt coveted, but it also only ratchets up the pressure to come away with a more meaningful upgrade at the front of the group. “More moves to come,” president of baseball operations John Mozeliak said today, per Goold.

Braves Interested In Sonny Gray

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The Braves have interest in Sonny Gray, as MLB Network’s Jon Morosi (X link) describes Atlanta as “one of the top suitors” for the right-hander’s services.  The Twins (Gray’s former team), Cardinals, and Phillies have all been linked to the free agent at various points this winter, though Philadelphia is probably off the board after re-signing Aaron Nola earlier today.

Intriguingly, Morosi and ESPN’s Jeff Passan reported that Atlanta also made a push to sign Nola, indicating that the Braves have their eyes on a big rotation upgrade.  Reports from last week suggested that the Braves were targeting pitching help, and The Athletic’s Ken Rosenthal wrote earlier today that “at least front-line starter” seems to be on Atlanta’s wishlist

As Rosenthal and others have observed since Friday’s non-tender deadline, the Braves made a flurry of cuts to their arbitration class, as a series of trades, releases, and non-tenders resulted in 10 open spots on the 40-man roster and almost  $14MM shaved from the budget.  The Braves were planning to increase payroll anyway in 2024, yet naturally every dollar counts in a situation where Atlanta might have to outbid other teams for a top free agent hurler.

MLB Trade Rumors projected a four-year, $90MM deal for Gray, who ranked ninth on our list of the offseason’s top 50 free agents.  The three-time All-Star has been solid for most of his 11-year career, but 2023 was arguably Gray’s best season, as he delivered a 2.79 ERA over 184 innings for the Twins and finished second in AL Cy Young Award voting.  While Gray’s past injury history is a little checkered, his performance last year likely helped calm some doubts over whether or not Gray can remain a productive and durable arm as he enters his age-34 season.

It is possible that the Braves view Gray as, at the very least, a successor to Charlie Morton as the rotation’s veteran stalwart.  Morton came to Atlanta in advance of his age-37 season and has been very effective over his three seasons with the team, to the point that the Braves exercised their $20MM club option to bring Morton back for 2024.  Morton is now 40 years old and often considering retirement, while Max Fried can be a free agent next winter, so Atlanta could use another longer-term pitcher to pair alongside Spencer Strider.

Atlanta president of baseball operations Alex Anthopoulos has been pretty measured in his free agent pursuits in his six years running the front office.  Marcell Ozuna’s four-year, $65MM deal is easily the largest contract the Braves have given out in the Anthopoulos era, with most of their other signings trending towards one- or two-year deals with experienced veterans (i.e. Kenley Jansen, Josh Donaldson, Morton’s initial deal).  Because the Braves surpassed the luxury tax threshold in 2023, they’d also have to give up two 2024 draft picks and $1MM in international draft pool money to sign a qualifying-offer rejecting free agent like Gray.

However, it could be that this is simply an extra price that Anthopoulos is willing to pay to bolster the rotation.  While the Braves’ starting pitching has been more than solid in recent years, it has fallen short in the playoffs the last two years, plus the Braves navigated a lot of rotation injuries last year in particular.  Since there’s no indication that Atlanta’s powerful lineup is going to slow down, improving the pitching staff might be the last step necessary in getting the Braves back to the World Series.

Red Sox Exploring Top Of Rotation Market

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Starting pitching is a clear priority for the Red Sox. Boston’s new chief baseball officer Craig Breslow acknowledged as much last week, although they’re certainly not alone in that pursuit.

That could extend to the top end of the market. Jeff Passan of ESPN wrote on Tuesday that the Sox were targeting front-line starting pitching. Jon Heyman of the New York Post suggests Boston is looking to add multiple starters this offseason. It stands to reason Breslow and his staff could look to pair an impact acquisition with a more affordable, if lower ceiling, addition.

Free agency offers a few possibilities. The Red Sox surely have some level of interest in Shohei Ohtani, but he wouldn’t be a factor in the 2024 rotation after his elbow procedure. Yoshinobu Yamamoto, Blake Snell, Aaron Nola and Jordan Montgomery are generally regarded as the next tier of free agent starters. AL Cy Young runner-up Sonny Gray is probably below that group in earning power because he’s 34 years old but fits in terms of short-term impact.

This afternoon, Ian Browne of MLB.com suggested in an appearance on the ITM podcast that the Boston front office prefers Montgomery to Snell or Nola (Twitter link via Steve Perrault). Sox executives chatted with Montgomery’s representatives at the Boras Corporation during last week’s GM Meetings, although they’re presumably targeting multiple Boras clients to varying degrees. (Snell is also represented by the Boras Corp.)

Montgomery turned in a 3.20 ERA through 188 2/3 innings between the Cardinals and Rangers. It was third straight sub-4.00 showing over 30+ starts. Montgomery chipped in 31 frames of 2.90 ERA ball during Texas’ run to a World Series. During the regular season, the 30-year-old southpaw struck out a near-average 21.4% of opponents while keeping his walks to a tidy 6.2% clip.

He may not have the upside of Nola or Snell, each of whom misses more bats. Montgomery has better control than Snell and hasn’t had the spotty ERA or home run issues that have troubled Nola in two of the past three seasons, however. He also has the advantage of not requiring a signing team to surrender draft compensation. The midseason trade rendered Montgomery ineligible for the qualifying offer. Snell, Nola and Gray all received the QO. Yamamoto, of course, is not subject to the QO as a foreign professional.

Roster Resource projects the Sox for roughly $189MM in luxury tax commitments. That’s well below the $237MM base threshold, leaving plenty of potential spending room for Breslow and his staff. It’s also possible the Sox look to the trade market for rotation help. It’s difficult to envision the Rays trading Tyler Glasnow in division. Players like Corbin Burnes or Shane Bieber could be available as they enter their final seasons of arbitration eligibility.

Boston’s current rotation mix is a high-variance unit. Nick Pivetta, Chris Sale, Brayan Bello, Tanner Houck and Garrett Whitlock have all shown substantial upside.They also come with uncertainty to varying degrees. Houck and Whitlock might be better suited for relief. That could also be true of Pivetta, although he finished the 2023 season pitching very well over multiple innings. Sale has battled injuries and Bello seemed to wear down in the second half of his first full MLB season.

Shohei Ohtani Wins AL MVP

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Two-way superstar Shohei Ohtani has been voted the Most Valuable Player in the American League for 2023, per an announcement from the Baseball Writers’ Association of America. Corey Seager and Marcus Semien of the Rangers were second and third in the voting, respectively.

The news hardly comes as a surprise, with Ohtani having delivered another two-way season for the Angels in which the only precedent was himself. He made 23 starts as a pitcher, tossing 132 innings with an earned run average of 3.14. His 10.4% walk rate was a bit on the high side but he struck out 31.5% of batters faced. Among pitchers with at least 130 innings pitched on the year, only Spencer Strider punched out opponents at a greater rate.

As a hitter, he launched 44 home runs and drew walks at a 15.2% clip. His .304/.412/.654 batting line translated to a wRC+ of 180, indicating he was 80% better overall than the average hitter. He accomplished all of these things despite having his season cut short by injury. Due to some finger issues and then a torn UCL, he only tossed 1 1/3 innings after August 9 and not at all after August 23. He continued hitting but he later suffered an oblique strain and his last game as either a hitter or pitcher was September 3.

That didn’t matter as Ohtani had already racked up enough accomplishments to take home the award for a second time, the first coming in 2021. If it weren’t for Aaron Judge’s record-breaking 62 home runs last year, Ohtani would have gotten a hat trick. The BBWAA notes that this is the first time a player has won a unanimous MVP twice. The most unique baseball player of all time is now the most unique free agent of all time and is surely in line to break another record, or records, when he finally puts pen to paper.

Seager and Semien each had fine seasons in their own right, but had little chance to catch Ohtani here, though they have World Series rings to soften the blow. Seager hit 33 home runs and had a wRC+ of 169 while those numbers were 29 and 124 for Semien.

Other players receiving votes were Julio Rodríguez, Kyle Tucker, Yandy Díaz, Bobby Witt Jr., Gunnar Henderson, Adley Rutschman, José Ramírez, Gerrit Cole, Luis Robert Jr., Yordan Alvarez, Adolis García, Judge, Bo Bichette, J.P. Crawford, Cal Raleigh, Rafael Devers, Isaac Paredes, Sonny Gray, Alex Bregman and Josh Naylor.

Gerrit Cole Wins American League Cy Young Award

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As expected, Gerrit Cole is the 2023 Cy Young winner in the American League. The Baseball Writers Association of America announced the Yankee star has won the award. Former Minnesota right-hander Sonny Gray was the runner-up, while Toronto’s Kevin Gausman took home third place.

There wasn’t a ton of intrigue, as Cole received all 30 first-place votes. While he’s a six-time All-Star and two-time ERA champion, this is his first career Cy Young. No AL pitcher topped Cole’s 209 innings, while he led Junior Circuit pitchers (minimum 150 innings) with a 2.63 ERA. He was sixth among that group with a 27% strikeout rate and trailed only Gausman and Pablo López with 222 punchouts overall.

That well-rounded dominance made Cole an easy call as the AL’s best pitcher in the eyes of voters. It’s his sixth top five finish and the third time he has been a finalist, as he’d twice before finished as runner-up. Having at least one Cy Young on his résumé could go a long way towards burnishing an eventual Hall of Fame case.

For now, the 33-year-old will look to replicate this year’s success in hopes of leading the Yankees back to the postseason. Despite Cole turning in one of the best seasons of his career, New York floundered midseason and finished barely above .500. Cole will be in the Bronx for at least one more year. He’s headed into year five of a nine-year, $324MM free agent contract. He has the ability to opt out after next season.

Gray received 20 second-place votes to earn the highest Cy Young finish of his career. It was well timed for the three-time All-Star, who hit free agency a couple weeks ago. Gausman secured seven second-place votes and was the most common selection for third. Stray second-place votes went to Luis Castillo and Zach Eflin, although Baltimore’s Kyle Bradish edged out that duo for fourth in overall balloting.

Others to receive at least one vote: López, George Kirby, Framber Valdez, Chris Bassitt, Félix Bautista and Chris Martin. The full results are available at the BBWAA website.

Image courtesy of USA Today Sports.

Seven Players Reject Qualifying Offers

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All seven players who received a $20.325MM qualifying offer this year have rejected it, reports Mark Feinsand of MLB.com. The deadline for a decision is today at 3 pm Central but it seems all of Shohei Ohtani, Cody Bellinger, Matt Chapman, Sonny Gray, Josh Hader, Aaron Nola and Blake Snell have already made up their minds.

There wasn’t much drama with any of these decisions, as all seven were considered locks to reject and still collect sizeable free agent contracts. On MLBTR’s list of the Top 50 Free Agents, six of the seven player were predicted to get a nine-figure deal in the coming months. The only exception was Gray, who was limited by his 34 years of age to a prediction of $90MM over four years. The players had one week to gauge the market after receiving those QOs and it doesn’t seem any of them got any sense that accepting the one-year deal was a wise course of action.

There would have been more drama if some borderline candidates had been issued QOs, but it was a fairly conservative group this winter. Last year, 12 players received QOs and Martín Pérez and Joc Pederson eventually accepted. But none of this year’s on-the-cusp players got the offer, with each of Teoscar Hernández, Jorge Soler, J.D. Martinez, Rhys Hoskins, Kenta Maeda and Kevin Kiermaier heading into free agency unencumbered.

Each of the players who received and rejected the QO will now net their former club draft pick compensation in the event they sign elsewhere this winter. The value of that compensation will depend upon whether the club received revenue sharing or paid the competitive balance tax in 2023. The signing club would also be subject to draft pick forfeiture and perhaps a reduction of international bonus pool space, with the penalty also dependant on revenue sharing and CBT status.

MLBTR Podcast: Top 50 Free Agents Megapod (with Tim Dierkes, Steve Adams and Anthony Franco)

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

This week, host Darragh McDonald is joined by Tim Dierkes, Steve Adams and Anthony Franco of MLB Trade Rumors to discuss this year’s list of the Top 50 Free Agents! Specific areas of discussion were…

Check out our past episodes!

Phillies Among Teams Showing Interest In Sonny Gray

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The Phillies are among the teams with interest in free agent right-hander Sonny Gray, tweets Jon Morosi of MLB.com. The Phils have obvious interest in retaining their own top free agent starter, Aaron Nola, and would become a more aggressive suitor for Gray if Nola ultimately lands elsewhere, per the report. As Morosi further points out, there’s a natural Phillies/Gray connection, as Philadelphia pitching coach Caleb Cotham worked with Gray in Cincinnati and was also a college teammate of Gray at Vanderbilt. Beyond that, while Gray’s relatively brief stint with the Yankees didn’t go well, it’s perhaps worth pointing out that his more successful 2017 output in the Bronx overlapped with current Phillies manager Rob Thomson’s final year as bench coach there.

Gray, who turned 34 yesterday, just wrapped up one of the best seasons of his career, tossing 184 frames of 2.79 ERA ball for the AL Central-winning Twins. Gray added a sharp five innings of shutout ball in the AL Wild Card round, pushing the Twins to a series victory over the Blue Jays, though he faltered against the Astros in the ALDS when he allowed four runs in the first inning of his start there (before recovering, to an extent, to last four innings on the day). He’s already been named an AL Cy Young finalist, although it’s widely expected that he’ll be a runner-up to frontrunner Gerrit Cole for the award.

Minnesota extended a qualifying offer to Gray, though given his track record and a top-three finish in AL Cy Young voting, he’s all but a lock to turn that down in favor of testing the open market. Gray previously and candidly acknowledged that “money is not the ultimate factor for me” in free agency and professed his affinity for pitching in the Twin Cities, but it’d nevertheless be a shock to see him accept that one-year offer when a lucrative multi-year deal awaits him in free agency. Chris Bassitt, who inked a three-year, $63MM deal with Toronto after rejecting a qualifying offer at the same age last offseason, represents something of a floor for Gray in free agency.

While some teams balk at signing free agents who’ve rejected qualifying offers — doing so requires forfeitures in the draft and international free agency — the Phillies don’t fall into that camp. Philadelphia owner John Middleton has been willing to accept that burden on a near-annual basis, in fact. The Phils have forfeited draft picks and international money to sign each of Trea Turner, Nick Castellanos, Bryce Harper and Jake Arrieta. And while they technically didn’t forfeit a pick to sign J.T. Realmuto, they’d have received a comp pick had he left the team to sign elsewhere, but the Phils re-upped with him on a five-year pact.

Given that history, there’s little reason to think the Phillies wouldn’t be willing to take a similar approach with Gray. It’s not clear whether they’d wait for Nola to actually commit to another team before pursuing alternatives, but president of baseball operations Dave Dombrowski is known for generally acting quickly and rather decisively on the market. If the Phils get the sense that the Nola bidding will extend beyond their comfort zone, it’s at least feasible they could pivot to an alternative plan before he actually signs a contract — be that alternative Gray or one of the many other veteran starters on the market (e.g. Eduardo Rodriguez, Jordan Montgomery, Blake Snell).

The Phillies currently have a projected payroll around $214MM, per Roster Resource, which is a ways shy of last year’s $245MM mark. Signing Gray, retaining Nola or adding any of the prominent free-agent alternatives would likely thrust the Phils right back into luxury tax territory, but they were willing to cross that bridge in each of the past two seasons.

Whether it’s Nola, Gray or another outside acquisition, the Phillies are all but guaranteed to bring in some rotation help this winter. As it stands, their rotation group consists of Zack Wheeler, Ranger Suarez, Taijuan Walker and Cristopher Sanchez. Top prospects Mick Abel and Griff McGarry aren’t all that far from MLB readiness, but a team with World Series aspirations will surely seek more certainty than that. Fellow top prospect Andrew Painter underwent Tommy John surgery in July, removing him as a near-term option. Nick Nelson, Dylan Covey and recent waiver claim Josh Fleming are all depth candidates, but it’s clear that someone more stable will be brought in.

As with any report of this nature, it bears emphasizing that Gray very likely is not the sole alternative to Nola the Phillies will consider. In all likelihood, Dombrowski, GM Sam Fuld and the rest of the front office will engage with the representatives for all top-tier and mid-tier starters, both to gauge expectations and to have contingencies in place if their preferred plans of attack don’t pan out. But Gray does at least have some personal ties to members of the Phillies’ staff, and the team has shown a repeated willingness to spend at high levels to sign qualified free agents in addition to a willingness to incur luxury tax penalties.

All of that context is important in their rotation pursuits. Philadelphia will likely be tied to Montgomery and others as well before too long, and they’ll surely be prominent players through the bulk, if not the entirety, of Nola’s own foray into the open market.

Seven Players Receive Qualifying Offers

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Seven players in this year’s free agent class have been tagged with the qualifying offer, reports Jeff Passan of ESPN (X link). Those players are:

Previous reports had already indicated that Teoscar Hernández, Mitch Garver, J.D. Martinez and Rhys Hoskins had not received the QO. The same is true of Jorge Soler and longer-shot candidates like Kenta Maeda and Kevin Kiermaier.

The QO is valued at $20.325MM this offseason. Players have until next Tuesday to decide whether to accept. The seven players who were tagged all seemed virtual locks to both receive and decline it. It’s hard to envision anyone in this group taking a one-year pact.

Indeed, the more surprising aspect of this year’s class were the number of players who were not qualified. Last winter, 14 players were tagged with the QO. Borderline cases Joc Pederson and Martín Pérez wound up accepting. Teams were far more risk-averse this winter, shying away from the potential lofty commitment for all but the market’s top options.

[Related: Which Picks Would Each Team Forfeit By Signing A Qualified Free Agent?]

With QO decisions now made, every free agent is allowed to begin negotiations with other teams. The five-day window of exclusive negotiation with their incumbent club is over. If these players sign elsewhere, their teams would be entitled to compensation.

The Twins, as a revenue sharing recipient, stand to receive the greatest compensation. Assuming Gray beats a $50MM guarantee (a good bet), Minnesota’s compensatory pick would fall after the first round in next year’s draft. The Cubs, as a team that neither receives sharing nor paid the luxury tax, would land a choice that falls between Competitive Balance Round B and the start of the third round for Bellinger’s departure.

San Diego, Toronto and Philadelphia all surpassed the CBT threshold this year. They’d therefore receive the lowest compensation — a draft choice between Rounds 4 and 5. The Angels finished the season right on the border of the $233MM threshold and don’t yet know whether they paid the tax. As a result, they’re still awaiting word on whether they’d land the pick before the third round or after the fourth if Ohtani heads elsewhere.

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