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Yandy Diaz

Rays Exercise 2026 Club Option On Yandy Díaz, Add 2027 Vesting Option

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The Rays and Yandy Díaz have worked out a mini extension of sorts. The club announced that it has preemptively picked up his 2026 club option, which is valued at $12MM, while adding a club/vesting option for 2027. Díaz, an ACES client, would reportedly vest the ’27 provision at $13MM if he reaches 500 plate appearances in 2026. If he doesn’t hit that vesting threshold, it would be a $10MM team option with no buyout.

Back in January of 2023, the Rays and Díaz agreed to a three-year, $24MM extension with a club option for 2026. He had just had his first arbitration season in 2022 and he was set to go through the process twice more. That deal bought out those two final arb years and one free agent year, while the option gave the Rays the chance to extend their window of control with Díaz by yet another season. He made $6MM in 2023, $8MM last year and will be making $10MM this year. The 2026 club option was set at $12MM with no buyout.

Over the course of the deal, Díaz has continued to hit, though the first year was far better than the second. In 2023, he hit 22 home runs and slashed .330/.410/.522 for a wRC+ of 163. His .367 batting average on balls in play was helping him out a bit, but he drew walks at a 10.8% clip and only struck out 15.7% of the time. Last year, his walk rate fell to 8.1% and he only hit 14 homers. His BABIP normalized somewhat to .314. The result was a .281/.341/.414 line and 120 wRC+. His defensive grades at first base also slid a bit. FanGraphs considered him to be worth 5.0 wins above replacement in 2023 but just 1.9 fWAR last year.

Díaz is now 33 years old and will turn 34 in August. The Rays could have waited to see how he performed in 2025 before picking up the 2026 option. By locking it in now, they’re getting a potential club option for the following season at a similar salary.

Díaz is perhaps sacrificing a bit of future earning power, but the trade-off for doing so is that he’s guaranteeing himself another $12MM today. That would protect him against a further decline in performance during the 2025 season. Under his previous contract structure, a bad 2025 campaign would have led to his option being declined and him heading to free agency with no buyout. Now he has the $12MM already locked in.

Marc Topkin of The Tampa Bay Times first reported the news and the contract terms.

Rays Unlikely To Move Yandy Diaz, Brandon Lowe

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The Rays entered the offseason likely to shed some payroll via trades of veteran players — a frequent reality for the budget-crunched Tampa Bay club — which prompted many (MLBTR included) to speculate on the possibility of trading infielders Yandy Diaz and Brandon Lowe. The Rays are teeming with young infield options, and both players are set to earn eight-figure salaries in 2025. However, teams that have spoken to the Rays about Diaz and Lowe have been given the impression that Tampa Bay is likely to hold onto both players for the start of the upcoming season, reports SNY’s Andy Martino. More broadly, Ken Rosenthal of The Athletic implies that the Rays aren’t keen on subtracting from the offense at all between now and Opening Day.

Tampa Bay has indeed shed some notable salary this winter, but it’s come in the form of trades and non-tenders. Left-hander Jeffrey Springs and his $10.5MM salary in each of the next two seasons went to the A’s in exchange for flamethrowing righty Joe Boyle, a pair of minor leaguers, and the Athletics’ Competitive Balance selection in the upcoming 2025 draft. Jose Siri (projected $2.3MM salary) was traded to the Mets in exchange for reliever Eric Orze. Nearly $10MM of additional projected salary was shed when the team non-tendered outfielder Dylan Carlson and lefties Colin Poche, Tyler Alexander and Richard Lovelady.

That collection of cost-cutting maneuvers trimmed $22-23MM from next year’s books. The only salary of note the Rays have added in place of those departures is the $8.5MM guaranteed to catcher Danny Jansen, who signed with Tampa Bay in mid-December. RosterResource currently projects the Rays for a $76MM payroll and about $104MM of luxury obligations — down from last year’s respective marks of $89MM and $115MM.

One of the motivations behind freeing up payroll space with trades of veterans would be to afford more at-bats to young players with little left to prove in Triple-A (e.g. Jonathan Aranda, Curtis Mead) while also creating flexibility to bring in other free agents of note. Circumstances well beyond the Rays’ control have hobbled any such efforts, however. The damage wrought on Tropicana Field by Hurricane Milton both left the Rays facing even more financial uncertainty than usual and also made it harder to lure free agents. The Rays will play their 2025 home games at a minor league facility — Tampa’s Steinbrenner Field, the Class-A home of the Yankees — which is going to reduce interest for plenty of players on the open market.

The Rays scored the second-fewest runs in MLB last year, with their collective 604 mark leading only the White Sox. Tampa Bay ranked 27th in the majors in batting average (.230), 24th in on-base percentage (.302), 29th in slugging percentage (.366) and 28th in home runs (147). Viewed through that lens, subtracting one or both of Diaz (.281/.341/.414, 120 wRC+) and Lowe (.244/.311/.473, 123 wRC+) would feel counterproductive — at least in a vacuum.

However, the Rays habitually trade quality players as their salaries rise and their club control dwindles. Their willingness to engage in such frequent roster churn and their ability to successfully identify quality long-term contributors in the return for such trades has become a hallmark of the organization’s success and led to near-perennial contention in a stacked AL East — despite bottom-of-the-barrel payroll numbers. Diaz is earning $10MM this coming season and has a $12MM club option (no buyout) in 2026. Lowe will be paid $10.5MM this year and has an $11.5MM club option in 2026 ($500K buyout). Both are free agents in the 2026-27 offseason.

The dwindling club control on both players will make them prime trade candidates this summer if things don’t go well for the Rays or if Tampa Bay feels their production can be replaced by turning their respective positions over to younger options. The Rays aren’t the type of club to be shy about dealing solid contributors from the roster even in the midst of contending seasons.

With regard to the 2025 roster, however, the hope will ostensibly be for inexperienced players like Aranda and third baseman Junior Caminero to make strides at the plate, while other young players like Josh Lowe and Christopher Morel hopefully rebound at the dish. Both had strong showings in 2023 before wilting in 2024. Adding Jansen should be an upgrade to a catching corps that produced disastrous results at the plate in 2024 — even if the longtime Blue Jays backstop can’t recover from his own 2024 struggles with the bat. Jansen hit just .206/.308/.348 in 328 plate appearances last year, but even that would be an upgrade over the woeful .194/.272/.291 output from Tampa Bay backstops in 2024. And, if Jansen can rediscover the .237/.317/.487 form he displayed from 2021-23, it’d be a massive boon for the Rays.

Time will tell just how the Rays’ offense recovers — or fails to recover — from last year’s doldrums. Trades can never be expressly ruled out for a club like the Rays, but for the time being, it seems they’ll hang onto the veteran bats they have and reassess their trade candidacy this summer. Others on the roster (e.g. Pete Fairbanks, Zack Littell) have also come up in trade rumblings this winter, but there’s been some recent cold water thrown on that pair being available as well.

AL Notes: Reinsdorf, Blue Jays, Rays, Diaz

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The White Sox won five of their last six games but couldn’t avoid history, as the 41-121 club had the most losses of any team in the modern era.  In an open letter to fans today, White Sox owner Jerry Reinsdorf described the season in such terms as “a failure,” “embarrassing,” “completely unacceptable,” and others, while noting that “as the leader of this organization, that is my ultimate responsibility.  There are no excuses.”

In terms of what is next, Reinsdorf said the team is “embracing new ideas and outside perspectives” to get things on track.  “This will include further development of players on our current roster, development within our system, evaluating the trade and free agent markets to improve our ballclub and new leadership for our analytics department, allowing us to elevate and improve every process within our organization with a focus for competing for championships….When named general manager in 2023, Chris Getz and his staff immediately began conducting a top-to-bottom evaluation of our existing operations.  Chris is rebuilding the foundation of our baseball operations department, with key personnel changes already happening in player development, international scouting, professional scouting and analytics.  Some of these changes will be apparent quickly while others will need time to produce the results we all want to see at the major-league level.”

More from around the American League…

  • John Schneider listed catching, bullpen, and power hitting as the Blue Jays’ biggest offseason needs, the manager told The Athletic’s Kaitlyn McGrath and other reporters today.  “I think you need a little bit more than just a [catcher] that’s going to play once or twice a week,” Schneider said, implying that Toronto will be looking for a timeshare partner for Alejandro Kirk rather than a backup.  Finding help behind the plate could be tricky in a typically thin free agent catching market, though Kirk’s offensive improvement in the second half of the season provides some hope that Kirk can get back to his All-Star form from 2022.  Basically any improvement is needed for a bullpen that was one of the worst in baseball, but Schneider specified that “I think that you need unique looks and unique stuff — stuff that complements one another, guys that can do different things.”  How the Jays address these needs and several other roster holes will be a challenge for a team that is still largely reliant on such core players as Kirk, Bo Bichette, George Springer, and others to be much better than they were in 2024.
  • The Rays are another AL East team with an underachieving lineup, and Yandy Diaz unsurprisingly feels that “one or two more bats” are needed this winter, the infielder told Marc Topkin of the Tampa Bay Times.  Diaz’s own production dropped from the highs of his 2022-23 seasons, as a slow start diminished his numbers even if Diaz returned to his usual form over time.  In fact, Diaz’s most productive month (.879 OPS) came in September, even though he said he was dealing with patellar tendinitis in his left knee.  Diaz isn’t worried that the injury will require any surgical treatment, and said “I need to work on my strength, my knee and exercises, and get ready for Spring Training, and hopefully everything’s going to be OK.”
  • In other Rays news from Topkin, the team intends to retain its coaching staff for next season.  Of course, outside factors could complicate these plans, as rival clubs routinely interviews Rays coaches for other jobs, such as managerial or bench coach vacancies.

Rays To Place Pete Fairbanks On 15-Day Injured List

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The Rays’ 8-7 extra-innings win over the Diamondbacks today came at an unfortunate cost, as both Pete Fairbanks and Yandy Diaz left the game due to injuries.  Fairbanks’ injury is the more serious matter, as manager Kevin Cash told reporters (including Marc Topkin of the Tampa Bay Times) that the closer suffered an apparent lat strain, and will be headed to the 15-day injured list.  Diaz had to leave the game after being hit in his left elbow with a pitch, but Cash said the infielder is day to day since X-rays and an MRI of Diaz’s elbow were both negative.

More will be known once Fairbanks undergoes tests, but depending on the severity of the strain, it is possible Fairbanks might’ve thrown his last pitch of the 2024 campaign.  This will be his second IL stint of the season, after he missed around three weeks earlier this year dealing with a nerve entrapment issue.

Fairbanks allowed three runs in two-thirds of an inning of work today, and that rocky performance will boost his ERA up to 3.57 over 45 1/3 frames.  Sunday’s injury-marred outing aside, Fairbanks has pitched pretty well in his second season as Tampa Bay’s closer, as he has converted 23 of 27 save opportunities.  Fairbanks’ 23.5% strikeout rate is slightly above average and his 8.9% walk rate is on the high side, though a .267 BABIP has helped paper over these middling metrics.

Most of the damage against Fairbanks occurred prior to his first IL stint, as he posted a 1.91 ERA in his first 37 2/3 innings after recovering from the nerve entrapment problems.  The Rays used a bullpen-by-committee approach to save situations when Fairbanks was sidelined that first time, and the team will probably adopt that same tactic again.  Garrett Cleavinger has been Tampa Bay’s most effective reliever overall, though Cash might deploy him in high-leverage situations at any point late in a game, rather than specifically just holding leads in the ninth inning.

Diaz was hit on the elbow in his very first at-bat of the game, forcing Christopher Morel into the lineup as a early replacement.  Given the good news about his initial tests, it could be that Diaz might return after just a day or two off to recover from any swelling, but the Rays will naturally be cautious about one of their key bats.  Diaz’s .273/.329/.396 slash line over 498 PA is well below his production from 2022-23, but he is another player who has started to get it together after a slow start —- Diaz had hit .301/.340/.445 in his previous 253 PA entering today’s action.

These injuries will make the Rays’ uphill climb towards a playoff berth even steeper.  Despite moving a lot of veteran talent at the trade deadline, today’s win moved Tampa Bay back above the .500 mark to 62-61, and the club is 6.5 games back of the last AL wild card spot.

Yankees Interested In Luis Rengifo, Kyle Finnegan, Lucas Erceg

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11:53am: Jorge Castillo of ESPN reports that the Yanks are more focused on pitching and acquiring Díaz is unlikely, which could perhaps apply to Rengifo as well.

11:49am: The trade deadline is just a few hours away now but teams are still scouring the market for upgrades. Per Jon Heyman of The New York Post on X, the Yankees have infielders Yandy Díaz and Luis Rengifo on their radar, as well as relievers Tanner Scott, Pete Fairbanks, Kyle Finnegan and Lucas Erceg. He adds that they could also look to add a starting pitching but might not meet the asking prices.

Some of those guys have already been connected to the Yankees in rumors. The connections with Rengifo, Finnegan and Erceg are new but also in line with their previously-reported pursuits. Even after adding Jazz Chisholm Jr. to the roster, they have seemingly still been looking for more infield help, which Rengifo could certainly help with.

The 27-year-old is in his third straight above-average offensive season. Since the start of the 2022 campaign, he’s hit .272/.323/.433 for a wRC+ of 110. He’s also stolen 35 bases in that time while bouncing to all three outfield spots and three infield positions to the left of first base. He’s not considered a strong defender at any one position but the ability to move all around is certainly attractive.

The Yanks are still trying to figure out their best alignment at the moment. Chisholm’s first game as a Yankee was in center field, where he has been spending most of his time in recent years. But then the Yanks moved him to third base last night, a position he had never played before. Now that Giancarlo Stanton is back and in the designated hitter slot, Aaron Judge moved to center field, flanked by Juan Soto and Alex Verdugo. Acquiring another infielder could result in Chisholm moving to second and bumping out Gleyber Torres, or perhaps Verdugo will get nudged out of the outfield mix.

Rengifo is making a modest $4.4MM this year, with roughly $1.5MM left to be paid out. That’s likely attractive to the Yankees as they are slated to be a third-time payor of the competitive balance tax and well above the top tier, meaning they will pay a 110% tax on anything they add to the ledger. He can also be retained via arbitration for 2025 and could perhaps slide into next year’s second base job with Torres slated for free agency after the current season. Verdugo is also an impending free agent, so perhaps Chisholm could be in the outfield with Rengifo on the infield. There’s also the looming Soto free agency to consider, though the Yanks are expected to be aggressive in trying to re-sign him. Rengifo has also been connected to clubs such as the Red Sox, Dodgers and Royals in recent weeks.

The extra year of control means that the Angels don’t have to move on from Rengifo but there would be logic in doing so as they haven’t been meaningfully competitive for quite some time. Now that Shohei Ohtani is gone and Mike Trout is having annual trouble staying on the field, the odds of them turning things around between now and the end of 2025 seem long.

Bullpen adds are generally on the radar of all contending teams and the Yanks are surely exploring all options there. Finnegan has been the Nationals’ closer for quite some time but is nearing the end of his window of club control, with one year remaining after this one. The Nats have already traded Hunter Harvey and Lane Thomas, two players that were also controllable through 2025, and Finnegan seems likely to move today as well.

He has a career 3.52 earned run average in 272 appearances. He has struck out 23.9% of batters faced, given out walks at a 9.4% rate and kept the ball on the ground at a 46.8% clip. That includes racking up 28 saves this year with a 3.48 ERA, 24.6% strikeout rate, 7.8% walk rate and 40.5% ground ball rate. He’s making $5.1MM this year.

Erceg can still be retained by the Athletics for five seasons beyond this one, but he’s a late bloomer who is now 29 years old despite his limited experience, which could tempt them to sell high. He has a 3.68 ERA this year, 26.3% strikeout rate, 8.3% walk rate and 50.5% ground ball rate. The fact that he’s pre-arbitration and therefore making a modest salary is surely appealing to the Yankees but the cost might be high. Even rental relievers are netting big returns at this year’s deadline so getting Erceg might take an uncomfortable haul.

Yankees, Pirates, Astros In The Mix For Yandy Diaz

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9:38pm: In addition to the Yankees, both the Pirates and Astros are engaged with the Rays on Diaz, reports Cuban journalist Francys Romero.

Both teams make some sense for Diaz, though the Astros’ fit is clearer and more straightforward. Houston released Jose Abreu earlier this summer and has received a middling .232/.316/.354 output from Jon Singleton in his stead. The ’Stros already depleted the top end of a thin farm to acquire Yusei Kikuchi earlier tonight, however, making it tougher for them to win any kind of bidding war for a player of note.

The Pirates’ need at first base has quieted as they’ve enjoyed a resurgence from Rowdy Tellez since the calendar flipped to June. The lefty slugger touts a .331/.370/.595 line over his past 135 plate appearances. That said, Tellez has notable platoon splits in his career, and Diaz could also log time at both third base and designated hitter — particularly if the Bucs are comfortable playing Andrew McCutchen in the outfield more frequently. (Notably, outfielders Joshua Palacios and Ji Hwan Bae both exited tonight’s game with injuries.) More than anything, Pittsburgh simply needs more offense, so acquiring a quality hitter like Diaz and sorting out the playing time later has its own merits, even if the positional fit is less clean with Tellez’s recent hot streak and a franchise icon (McCutchen) serving as a near-everyday designated hitter.

8:35pm: The Yankees have been active in just about every facet of the trade market over the past week. They’ve landed Jazz Chisholm Jr. from the Marlins, looked into big-name starters like Giants lefty Blake Snell and Tigers righty Jack Flaherty, and simultaneously been gauging interest in lefty Nestor Cortes. Among the team’s other targets is Rays infielder Yandy Diaz, per The Athletic’s Brendan Kuty. The Yankees were also involved in the bidding for Isaac Paredes before he was traded to the Cubs, Kuty adds.

Adding some infield help makes good sense for the Yankees, who have Anthony Rizzo on the injured list while veterans Gleyber Torres and DJ LeMahieu have struggled throughout the season. Utilityman Jon Berti, acquired just prior to Opening Day, is on the injured list. Versatile Oswaldo Cabrera has faded after a hot start. Rookie Ben Rice has shown some power but entered play Monday hitting .196 with a .291 OBP (he’s since homered and bumped up those rate stats a bit). A brief look at veteran J.D. Davis didn’t work out.

Bringing Diaz aboard would give the Yankees an affordable veteran who can handle both infield corners, though he’s primarily played first base in recent seasons. The 32-year-old Diaz got out to a dreadful start in 2024 but turned things around emphatically after a slow first month. His season-long .270/.326/.397 line is more solid than it is eye-catching, but setting aside an uncharacteristic slump to begin the season, Diaz has turned in a robust .296/.348/.452 slash over a sample of just under 300 plate appearances. His superlative bat-to-ball skills have been on full display, as Diaz has fanned in a mere 13.7% of his plate appearances during that stretch and walked at a 7.5% clip. That walk rate is slightly below average, but Diaz has an 11.5% career mark in that regard.

Diaz’s approach is a particularly good fit with Yankee Stadium. Although he’s a right-handed hitter, he hits the ball to the opposite field at a hearty 30.3% rate — more than all but 16 hitters in baseball (min. 300 plate appearances). Diaz is batting .333 and slugging .505 when he goes the other way with the ball — numbers that would presumably tick up when playing half his games with that ever-alluring short right-field porch in the Bronx.

Diaz is in the second season of a three-year, $24MM contract. He’s earning $8MM on the year and is owed $10MM in 2025. There’s a $12MM club option for the 2026 campaign on the contract as well, which does not have a buyout. That backloaded contract is relatively steep for the Rays but far more palatable for the Yankees, even with their luxury-tax status. The Yankees are a third-time offender in the top tier of penalization, meaning they’d pay a 110% tax on the AAV of any contracts they add to the books. That creates some short-term pain, perhaps, but Diaz’s deal is more affordable than many free-agent options would be and the fact that he’s locked up through ’26 makes him an appealing multi-year option.

Latest On Rangers’ Deadline Plans

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The Rangers made their first move of the summer earlier this evening by dealing a pair of prospects to the Tigers in exchange for catcher Carson Kelly, who figures to replace Andrew Knizner in the club’s catching tandem alongside 2023 All-Star Jonah Heim. The move confirms that the reigning World Series champs won’t be full-blown sellers despite a lackluster 51-55 record that leaves them 4.5 games back of the Astros and Mariners in the AL West, but that doesn’t mean the club necessarily plans to buy exclusively in the coming days, either.

As noted by Joel Sherman of the New York Post in a report this evening, the Rangers are making right-hander Michael Lorenzen available on the trade market. The news comes after The Athletic’s Ken Rosenthal suggested that Lorenzen (as well as right-hander Jon Gray) could be made available prior to the deadline earlier this week. The 32-year-old Lorenzen has pitched solidly as a back-of-the-rotation option for Texas this year with a 3.87 ERA in 18 starts, though the veteran’s 5.26 FIP and 11.9% walk rate could be worrisome to prospective buyers.

In a sellers’ market starved for pitching options, it’s easy to imagine how a pitcher like Lorenzen who has plenty of experience both as a starter and as a reliever could be an attractive trade target even in spite of worrisome peripheral numbers. Meanwhile, dealing Lorenzen would allow the Rangers to recoup some long-term value for a pending free agent who could be forced out of his current role on the team by the impending returns of Tyler Mahle, Jacob deGrom, and Cody Bradford from injury.

That doesn’t mean that Lorenzen is a lock to be moved, however, as Jeff Wilson of Rangers Today writes that the Rangers could opt to take the right-hander off the market in the aftermath of Gray exiting his start today without throwing a pitch due to a groin injury. As noted by Shawn McFarland of the Dallas Morning News, Gray is set to undergo imaging to determine the severity of the issue. With none of Mahle, Bradford, nor deGrom likely to be ready to step into the club’s rotation just yet, a significant absence for Gray could complicate the club’s plans to deal Lorenzen by leaving them with only Nathan Eovaldi, Max Scherzer, and Andrew Heaney as active members of the starting rotation.

Wilson goes on to suggest, however, the Lorenzen isn’t the only name the club could consider shopping in the coming days. Wilson reports that first baseman Nathaniel Lowe’s “name has surfaced” as a potential trade chip for the Rangers this summer amid an excellent July that has boosted his overall season slash line to .266/.361/.390 (114 wRC+). While Lowe could certainly be a potentially valuable addition for certain teams, two of the most obvious suitors for a first baseman this deadline are the Rangers’ own division rivals in Houston and Seattle. Even in an age where intradivisional trading has become more common, its hard to imagine the Rangers helping either the Astros or Mariners improve in the short terms as they look to chase them down for the AL West title this year. Still, it’s possible the Rangers are able to find a suitor for Lowe’s services elsewhere, such as in Pittsburgh where the Pirates could look to upgrade over Rowdy Tellez at first base.

The loss of Lowe from the lineup would further weaken a beleaguered Rangers offense, but Wilson goes on to suggest that dealing Lowe could open up a spot in the club’s lineup for Rays first baseman Yandy Diaz. Diaz is currently on the restricted list due to an undisclosed personal matter, but the Rangers were connected to him earlier this week. Diaz has slashed just .272/.327/.400 (111 wRC+) this year following a slow start to the season but is just one year removed from a sixth-place finish in AL MVP voting with the Rays last season.

The 32-year-old is controllable through the 2026 season just like Lowe is, and it’s theoretically possible that the Rangers could look to upgrade first base while retaining the same amount of team control should they manage to land Diaz while shipping Lowe elsewhere. Alternatively, it’s certainly feasible that the club could retain both players and utilize one as their primary DH for the remainder of the 2024 campaign before looking to trade one this winter should the club decide to commit fully to buying this summer. Such a move would provide an undeniable boost to the Texas offense, which has gotten an MLB-worst 57 wRC+ from the DH spot in the lineup this year.

Rangers Among Clubs With Interest In Yandy Díaz

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Rays infielder Yandy Díaz has been on the restricted list for almost a week while attending to an undisclosed personal matter, but the Rays announced that they reinstated him today. They already had three vacancies on their 40-man roster, so this move brings their count to 38. Marc Topkin of the Tampa Bay Times relayed on X earlier that the club was hopeful of Díaz returning tonight. Ken Rosenthal of The Athletic reported last night that the Rangers are interested in adding him to their lineup. Mark Feinsand of MLB.com says on X that the Astros, Mariners and Pirates are possible suitors, though it’s unclear if any of those clubs have engaged with the Rays.

Díaz, now 32, has been a fixture of the Rays for many years. He came to Tampa from Cleveland heading into 2019 as part of the three-team trade and quickly worked his way into being a regular for the Rays. From the start of 2019 to the present, he has drawn walks in 11.6% of his plate appearances while only striking out 14.5% of the time. His .288/.375/.439 batting line translates to a 133 wRC+, indicating he’s been 33% better than league average overall.

That offense is his best attribute. He’s not a burner on the basepaths and his third base defense was poorly regarded, though he’s been closer to average at first base and has been more or less permanently moved to that side of the diamond. But the 133 wRC+ that Díaz has put up from 2019 to the present is one of the top 15 marks in baseball among qualified hitters, highlighting that such consistently above-average production is hard to find.

Here in 2024, his season-long stats look mildly disappointing, a .273/.329/.396 line and 111 wRC+, but that’s mostly due to a brutal start that he has put behind him. He hit .211/.279/.276 through May 1 but his line of .302/.354/.453 since that time leads to a 134 wRC+, right in line with his overall track record.

The Rays don’t strictly have to move him but their behavior suggests he’s available. Going into 2023, he and the Rays signed an extension that runs through 2025 with a club option for 2026. He’ll make $10MM next year with the option valued at $12MM.

Tampa could certainly keep him but they have shown, both recently and in the past, that they are generally unafraid to move players nearing free agency. Although they are 52-51 this year and just four games out of a playoff spot, they have already traded Aaron Civale, Phil Maton and Randy Arozarena in recent weeks.

Some recent reporting suggested the Rays were more likely to trade arbitrations players than those signed to long-term deals, but that contradicts their past behavior. Players like Evan Longoria, Blake Snell, Tyler Glasnow and Manuel Margot have all signed extensions and then been traded before those contracts ended, so there’s no real reason to believe the Rays won’t be open to trade offers on Díaz.

Doing so wouldn’t even be a signal that the club is giving up on 2024, as players like Isaac Paredes and Curtis Mead could fill in at first base. Jonathan Aranda is currently hurt but could be in the mix later. Infielders like Junior Caminero, Austin Shenton and Osleivis Basabe could be called up to fill in elsewhere around the infield. In the long term, Xavier Isaac is a first baseman and considered one of the top 50 prospects in the league, though he’s yet to reach Double-A.

For the Rangers, Rosenthal relays that they are looking for “either a left-handed hitting outfielder/DH or a platoon-neutral right-handed hitter.” Díaz is better against lefties but isn’t a liability without the platoon advantage. He has a 148 wRC+ against southpaws in his career and a 121 wRC+ against righties. It’s a far wider split of 151 and 99 this year, though in a much smaller sample size.

Texas hitters have a collective line of .237/.309/.378 against right-handed pitching, with that line leading to a 93 wRC+, putting them ahead of just seven clubs in that split. They have Nathaniel Lowe at first base but don’t really have a regular designated hitter and should be able to fit both him and Díaz into the same lineup.

The Rays and Mariners already lined up on one deal, sending the aforementioned Arozarena to Seattle as the M’s look for more offense. Díaz could further augment their lineup, especially with the struggling Ty France have been recently designated for assignment and leaving an opening at first base. They have plugged Tyler Locklear into that spot but he has only 40 major league plate appearances thus far.

The Astros also cut ties with a struggling first baseman, releasing José Abreu earlier this year. They have mostly used Jon Singleton to fill that hole but he’s hitting just .231/.319/.343 this year for a 93 wRC+.

The Pirates have a bit less of a dire need as they held onto their struggling first baseman and were rewarded with a bounceback. Rowdy Tellez was hitting .177/.239/.223 through the end of May but has a line of .328/.364/.588 since the calendar flipped to June. His season-long line is still subpar thanks to that early slump but the Pirates probably feel less inclined to replaced Tellez on the heels of his hot streak this summer. They have Andrew McCutchen in the designated hitter spot most days, which makes the lineup fit a bit less clean unless they plan on moving on from Tellez, who is a free agent at season’s end.

Both the Astros and Rangers are set to pay the competitive balance tax at season’s end, so they may have to consider the taxes involved in taking on the Díaz contract. The Astros are set to be a first-time payor and have a base rate of 20% but RosterResource has their CBT number at $256MM. Crossing over the $257MM second tier would increase their tax rate to 32% for spending beyond that line. Recent reporting suggested they are trying to move Rafael Montero’s contract to lessen their tax burden but doing so will be difficult given his poor results of late. RosterResource has the Rangers at $249MM but they are set to be a second-time payor and have a base tax rate of 30%.

Mariners Still Active In Trade Market

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The Mariners’ acquisition of Randy Arozarena last night is perhaps the most notable swap of the season thus far, but Seattle isn’t content with that lone acquisition. MLB.com’s Jon Morosi tweets that the M’s are still talking to other clubs, looking to add another bat and a high-leverage reliever. Adam Jude of the Seattle Times adds some context on the team’s search for bats, reporting that two of the top bats on the market — Oakland’s Brent Rooker and Chicago’s Luis Robert — may not be likely to land in Seattle. The A’s have been reluctant to trade with Seattle, per Jude, while an acquisition of Robert is considered “highly unlikely at this point.”

Both Rooker and Robert would add a controllable, high-end bat to what has been a stagnant Mariners offense. Rooker is arb-eligible for the first time this offseason and controlled three more years. Robert is signed through the 2025 season, and his contract contains a pair of $20MM club options.

The A’s haven’t always been reluctant to deal within the AL West, but the last time they completed a trade with the Mariners came back in 2017, when the two clubs swapped Emilio Pagan for Ryon Healy. In fact, the only trade they’ve made with a division rival in the past three years was this April’s acquisition of righty Brandon Bielak in a deal that sent cash back to the Astros. It’s always possible there’ll be a change in direction, but their once-frequent intra-division trades (e.g. Elvis Andrus, Khris Davis, Jed Lowrie, Jurickson Profar, Pagan, Healy) have dried up in recent years.

With regard to Robert, there’s no intra-division component to be considered, but traction on Robert hasn’t really picked up, it seems. ESPN’s Jeff Passan writes that the White Sox have set a high asking price and haven’t yet seen potential trade partners willing to meet it or even come particularly close.

The mere mention of Rooker and Robert aligns largely with the latest reporting from Daniel Kramer of MLB.com, who suggests that Seattle’s front office has been “aggressive” in trying to add multiple impact bats. Arozarena checks one box, but the Mariners’ lineup could use upgrades at multiple spots.

It’s even possible the M’s and Rays could line up on another deal; Kramer writes that the two teams discussed infielders Isaac Paredes and Yandy Diaz in the offseason. Mark Feinsand of MLB.com tweets that the Mariners are again a potential landing spot for Diaz, who is drawing trade interest and was reinstated from the restricted list within the past hour after a week-long absence to tend to an undisclosed family matter.

Like Arozarena, the 32-year-old Diaz got out to a slow start in 2024 but has heated up in recent months. Over his past 280 plate appearances, he’s slashing a robust .302/.354/.453 with seven homers, 16 doubles, a triple and just a 13.9% strikeout rate. He’d give the Mariners an upgrade over the recently designated Ty France and simultaneously accomplish the team’s ongoing goal of reducing their MLB-worst strikeout rate. He’s earning $8MM the second season of a three-year, $24MM contract extension and is owed $10MM in 2025 before the team must decide on a $12MM option for the 2026 season.

Paredes, 25, is arguably one of the most appealing possibilities on the entire trade market. He’s played third base primarily of late, but the versatile infielder can handle all four infield positions and has emerged as a genuine middle-of-the-order slugger. Dating back to Opening Day 2023, he’s slashed .250/.353/.469 with 47 homers in 241 games. He’s earning only $3.4MM this season in the first of four arbitration seasons (as a Super Two player). Paredes’ versatility, productive bat, remaining control and currently affordable price tag could make the prospect cost to acquire him prohibitive, but the Rays are generally open to listen on anyone — and teams have been at least inquiring on Paredes recently.

Latest On Rays’ Deadline Approach

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The Rays are among the more interesting bubble teams with the deadline eight days off. Tampa Bay entered today’s series finale with the Yankees at 50-49. They dropped the game 9-1, putting them back to .500.

Today’s loss knocked Tampa Bay five games behind the Royals, who hold the final Wild Card spot in the American League. The Red Sox and Mariners also sit between the Rays and the last playoff spot. They’re 10.5 back with three teams to jump in the AL East, so it’s almost certainly Wild Card or bust. A five-game deficit certainly isn’t insurmountable, but it’s not an easy gap to close either (especially with multiple teams to jump).

MLB.com’s Mark Feinsand tweeted last night that the Rays are expected to both buy and sell at the deadline. Presumably, that’d take the form of shopping players on more expensive salaries and/or a dwindling control window while exploring acquisitions of MLB-ready talent that could aid the Rays in a longer shot playoff push this season and contribute to the 2025 roster. Tampa Bay’s front office is plenty familiar with trying to strike that balance as they look to remain annually competitive despite bottom five player payrolls.

The Rays have no shortage of veterans who’d generate interest. The Rays had five players on MLBTR’s initial list of Top 50 trade candidates last week: Zack Littell, Zach Eflin, Pete Fairbanks, Randy Arozarena and Jason Adam. There’d be a ton of interest in Isaac Paredes if the Rays genuinely considered moving their All-Star third baseman. SNY’s Andy Martino wrote last week that the Rays are willing to listen on Paredes, though there’s nothing to suggest that’s more than the organization’s standard openness to talking about every player.

Brandon Lowe and Yandy Díaz are each making between $8MM and $9MM and would be appealing targets in a light infield market. Amed Rosario has had a nice rebound season after signing a surprisingly low $1.5MM free agent deal. He’s headed back to free agency next winter and offers multi-positional versatility and plus contact skills from the right side. Virtually every contender could squeeze him onto the roster and in their payroll ledger.

Tampa Bay certainly isn’t going to trade everyone from that group. The Rays have never been keen on completely tearing down the roster and embarking on multi-year rebuilds. They’re not far enough from the playoff mix to make that advisable regardless. Yet it’d be surprising if the Rays didn’t at least move one or two veterans. Rosario, as their only impending free agent of note, is the most obvious candidate. The front office is clearly willing to deal some players under team control beyond this season, as evidenced by their trade of starter Aaron Civale (who is eligible for arbitration for the final time next winter) to Milwaukee.

Patrick Mooney, Ken Rosenthal and Will Sammon of the Athletic wrote this morning that the Rays could be more apt to trade players who are going yearly through arbitration than to deal those playing on guaranteed contracts. Arozarena, Paredes, Littell and Adam fall into the first bucket. Fairbanks, Díaz and Lowe have signed extensions, while Eflin joined Tampa Bay on a three-year free agent deal. There’s not much difference between players on guaranteed contracts versus arbitration salaries in practice, but The Athletic writes that the Rays could feel more of an obligation to hold the players who have committed to the franchise for multiple seasons.

While that’s a possible factor, it’d be surprising if the Rays drew too rigid a distinction. Tampa Bay traded Tyler Glasnow and Manuel Margot — each of whom had signed an extension — to the Dodgers last winter. Glasnow’s deal sent him close to home on the West Coast and came in conjunction with another extension with L.A.; the Dodgers flipped Margot to Minnesota within a few weeks. Tampa Bay traded Blake Snell within two years of signing him to a five-year extension back in December 2020.

Eflin ($11MM), Lowe ($8.75MM) and Díaz ($8MM) have the highest salaries among players on multi-year deals. Arozarena’s $8.1MM salary is by far the highest of Tampa Bay’s group of players on arbitration deals. Eflin will make $18MM next year in the final season of his backloaded contract. Díaz is set to make $10MM next season on a deal that has a $12MM team option for 2026. The Rays hold club options on Lowe (valued at $10.5MM and $11.5MM, respectively) for the next two seasons.

Arozarena is set to go through arbitration twice more, while Paredes is eligible for arbitration through the ’27 campaign. He’ll certainly be in line for a lofty raise on this year’s $3.4MM salary. Fairbanks, Adam, Rosario and Littell are all on modest salaries; Fairbanks’ $3.666MM figure is the highest of the bunch. All but Rosario are under contract or club control for at least another season.

If the Rays ultimately straddle the line between buying and selling, they’re fairly well positioned to deal from their rotation and infield. Shane Baz’s return from Tommy John surgery was one motive for the Civale trade. The Rays could welcome back Jeffrey Springs and Drew Rasmussen over the next couple months and will get Shane McClanahan back in 2025 — perhaps lessening the sting of a deal involving Eflin or Littell. Upper level infielders like Curtis Mead and top prospect Junior Caminero could make it easier to part with Lowe. That’s arguably also true of Paredes, although it’d have been an easier sell if Caminero hadn’t had two extended injured list stints in Triple-A this year because of quad issues.

Tampa Bay doesn’t have as much long-term stability in the outfield, particularly if they move Arozarena at some point. At catcher, they’ve gotten good production this year out of Ben Rortvedt but could still look for a clearer long-term answer. Tampa Bay’s typically excellent bullpen has been an unexpected issue this season, so that’s another area where the Rays may look to add.

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