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Yoshinobu Yamamoto

Seven Teams Emerge As Top Suitors For Yamamoto

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While the baseball world awaits movement on Shohei Ohtani and Juan Soto, NPB ace Yoshinobu Yamamoto has emerged as the #3 name on the offseason market. The right-hander is the most popular starting pitcher in free agency and has been tied to virtually every big spender (and a few less traditional suitors).

Will Sammon of the Athletic reports that seven teams have stepped forward as the key players in the Yamamoto bidding. That group includes (listed alphabetically) the Blue Jays, Dodgers, Giants, Mets and Yankees. Two other “mystery teams” are also involved.

None of those teams come as a surprise. They’ve all previously been linked to Yamamoto, while a few have openly discussed him as a target. Mets owner Steve Cohen and president of baseball operations David Stearns recently flew to Japan to sit down with the 25-year-old righty. Yamamoto will make his own trip this weekend, when he’s scheduled to come to the U.S. to chat with interested teams.

At the beginning of the offseason, MLBTR predicted a nine-year, $225MM contract. It seems that could end up being light. In an appearance on Foul Territory yesterday, Ken Rosenthal noted there’s a general expectation that Yamamoto’s deal will land “considerably higher” than $200MM.

Yamamoto is coming off a third consecutive Sawamura award as Japan’s top pitcher. He turned in a 1.21 ERA over 164 innings while striking out 169 batters. Evaluators are nearly unanimous in projecting Yamamoto as at least a #2 caliber starter in the majors with a shot to be an ace. Between that dominance and nearly unprecedented youth for a free agent pitcher, he’s one of the most appealing in recent history.

That has made him a target for virtually all the big-market clubs. It stands to reason the Jays’ interest is contingent on Ohtani’s decision. (Toronto general manager Ross Atkins told reporters this week they didn’t plan to add two players from the top of the market.) The Giants and Dodgers are also believed to remain in the race for Ohtani, who could sign in the next few days. The Yankees are reportedly on the verge of acquiring Soto but still seem to be engaged on Yamamoto, while the Mets have made no secret of the fact that Yamamoto is their top offseason priority.

Mets Owner Steve Cohen Recently Met With Yoshinobu Yamamoto In Japan

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It was recently reported that Yoshinobu Yamamoto would soon be flying to the United States to meet with interested clubs and Jon Morosi of MLB.com relays today that the Yankees are expected to meet with him on Monday. It seems like Mets owner Steve Cohen wanted to get a headstart on the proceedings, as Will Sammon of The Athletic reports that he flew to Japan to meet with Yamamoto last week.

The Mets have long been connected to Yamamoto, even though they are supposedly taking something of a step back in 2024. Under normal circumstances, a top free agent fits best with a win-now club. Since most players reach free agency close to their 30th birthday, a long-term deal will likely see them at their best in the early parts of the contract. But Yamamoto is a special case, since he is only 25. Even if the Mets feel they will have a better shot at competing in 2025 and beyond compared to 2024, Yamamoto will still be able to hopefully offer them many prime years. Their excitement around Yamamoto is apparently strong enough that Cohen took the initiative of meeting with him in Japan.

The rotation in Queens has plenty of question marks and Yamamoto would be a logical target. They currently have Kodai Senga, José Quintana and Luis Severino in three spots, while the back end is less certain. Players like Tylor Megill, Joey Lucchesi and José Butto are on the roster but each of them is arguably better utilized in a depth role than as part of the Opening Day rotation. David Peterson will miss the first half of the season due to hip surgery. Furthermore, Quintana and Severino are each slated for free agency after 2024, giving the club even less certainty in the long term.

Although signing Yamamoto might be a long play for the Mets, it would still come with significant short-term costs. The club currently has a competitive balance tax figure of $277MM, per Roster Resource, well beyond next year’s base threshold of $237MM and on the line of the third tier. Since they paid the tax in 2022 and 2023, they are set to be a third-time payor next year. There are escalating tax rates for paying in consecutive years, putting them in line for a 95% tax on spending beyond the third tier and then a 110% rate for spending beyond the fourth and final tier of $297MM.

Then there’s also the posting fee that will be due to the Orix Buffaloes, the Nippon Professional Baseball club that posted Yamamoto recently. MLBTR predicted Yamamoto for a contract of nine years and $225MM, which would also come with a posting fee of $35.625MM. Some recent speculation around Yamamoto’s popularity has suggested the bidding could push closer to $300MM, which would also push the posting fee up as well.

The Yankees have also been connected to Yamamoto for quite some time and they have a somewhat similar payroll situation to the Mets, as they are also set to be a third-time payor in 2024. Roster Resource currently pegs their payroll at $246MM and their CBT figure at $257MM. However, they are reportedly close to acquiring Juan Soto from the Padres today, which would quickly change those figures, depending on the final deal. Soto is projected for an arbitration salary of $33MM while Michael King, who is reported to be part of the package going the other way, has a projected salary of $2.6MM. It’s possible the final deal will change things but it’s possible the Yanks will add about $30MM to their books in the swap.

It appears that wouldn’t take them out of the running for Yamamoto, as Andy Martino of SNY reports the club is willing to surpass a $300MM payroll next year. That would be a bump from last year, with RR having their 2023 payroll finishing at $273MM and their CBT at $294MM.

But adding Yamamoto would give a boost to a rotation that got a Cy Young performance from Gerrit Cole but little else. The club will be hoping for bouncebacks from Carlos Rodón and Nestor Cortes after injury-marred campaigns while King appears to be headed to San Diego. Pitchers like Clarke Schmidt and Randy Vásquez are on the roster but an external addition or additions would be warranted.

The Yankees and Mets have been two of the clubs connected to Yamamoto most often but certainly not the only ones. Given his youth and talent, he is one of the most popular free agents this winter. The Phillies, Blue Jays, Red Sox, Tigers, Cardinals, Cubs, Rangers, Diamondbacks, Giants, Padres, and Dodgers have also been rumored to have interest, with some unnamed clubs perhaps in the mix as well. The 25-year-old Yamamoto has a 1.82 ERA in his NPB career and is coming off a dominant 1.21 ERA in 2023. It’s unknown how many of those clubs he will meet with in the coming weeks but his posting window is open until January 4.

Breslow: Red Sox Will Be “Aggressive” In Search For Rotation Upgrades

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New Red Sox chief baseball officer Craig Breslow has a tall task ahead of him, trying to bring a fifth-place club back into contention in a stacked AL East. Perhaps the hardest part of his job will be improving a starting rotation that finished with a bottom-ten ERA and FanGraphs WAR last season. Indeed, while the Red Sox have starting pitching depth, their rotation has too many question marks and not enough top-end talent.

Chris Sale is a lock for the 2024 rotation. So is 24-year-old Brayan Bello, who pitched to a 4.24 ERA in 28 starts last year. After that, the Red Sox have four more experienced arms who will stretch out to start this winter but could move into a bullpen role at any time: Nick Pivetta, Tanner Houck, Kutter Crawford, and Garrett Whitlock. All four have made at least ten starts and at least ten relief appearances over the past two years. With a rotation led by an aging, oft-injured veteran followed by a still-developing young starter and four guys who have bounced in and out of bullpen roles the past years, it’s clear the Red Sox could use a lot more stability and at least one front-line pitcher.

It’s not surprising to hear Breslow call rotation upgrades his top priority as the Red Sox navigate the offseason (links via Chris Cotillo and Sean McAdam of MassLive.com). Breslow expressed optimism about Sale’s health, at least publicly voicing confidence that the lefty could hold up over a full, healthy season in 2024. Of course, that’s quite a charitable outlook for a pitcher who’s totaled just 151 innings over the past four seasons.

Granted, 102 2/3 of those frames came in 2023, when Sale worked to a respectable 4.30 ERA with excellent strikeout and walk rates of 29.4% and 6.8%, respectively. But Sale still missed two months last summer with a shoulder injury, and in the three seasons prior he underwent Tommy John surgery, suffered a stress fracture in his ribcage, broke his wrist in bicycling accident and sustained a broken a pinkie finger on his pitching hand upon being struck by a comeback liner. The Sox don’t have much choice but to hope Sale is healthy this year — he’s entering the final season of his five-year, $145MM contract — but recent history is not on their side, regardless of whatever optimism the team’s brass wants to forecast.

Even if the Sox were able to somehow manifest a 32-start season from Sale, there’d be need to further solidify the group. For his part, Breslow pledged to be “as aggressive as we possibly can” to fill the rotation (link via Jen McCaffrey of The Athletic), be it via free agency or trade. Boston has already been linked to Yoshinobu Yamamoto, Jordan Montgomery and Seth Lugo in free agency. McCaffrey indicates that the Sox had an initial Zoom meeting with Yamamoto’s camp (as has been standard for interested teams thus far) but adds that a team official declined to state whether the Red Sox were in position for a forthcoming in-person sitdown with the NPB ace.

Breslow’s pledge to be as aggressive as possible is sensible for a team with a projected payroll ($172MM, per Roster Resource) that’s more than $10MM shy of their end-of-season levels and a whopping $64MM short of their franchise-record Opening Day mark of $236MM. That said, it’s also somewhat at odds with prior reporting on Boston’s rotation search. McAdam reported last month that the Sox have a preference for the trade market before free agency, notably specifying that at that point, they had not yet been active in the market for Dylan Cease.

The previously mentioned piece from McCaffrey quotes Breslow in acknowledging that the Sox will have to “be willing to give up position player capital” in order to bolster the starting staff, though McCaffrey notes that the Sox aren’t likely to trade top-end prospects for pitchers with only one year of club control remaining. That’ll make names like Corbin Burnes, Shane Bieber and division foe Tyler Glasnow particularly difficult to obtain. And just yesterday, Alex Speier of the Boston Globe reported that Boston prefers to avoid free agents who’ve rejected a qualifying offer.

There’s room to be aggressive within a fairly measured set of free-agent and trade targets, but whether avoiding qualified free agents and one-year rentals is truly acting “as aggressive as we possibly can” is up for debate, at the very least. It’s understandable that Breslow, particularly in his first season on the job, might not want to recklessly spend and saddle the club with a long-term contract or deplete the farm system he’s still learning, but imposing those limitations on his front office only makes the goal of bettering the starting staff in a meaningful way all the more daunting.

Of course, the goal in the long term is to better the organization’s ability to develop its own pitchers. To that end, the Red Sox announced yesterday that they’ve hired Twins minor league pitching coordinator Justin Willard as their new director of pitching.

“We’re really excited to bring him on board,” Breslow said (relayed by Cotillo). “Someone that comes with a pretty strong track record of pitching development. We’ve been mindful of what Minnesota’s done over the last few years in the development of some of their guys. We feel really lucky, really fortunate.”

The Twins have had some success stories with late-round starters, as both Bailey Ober and Louie Varland have reached the Majors and held their own (a good bit more than that in the case of Ober, a 12th-rounder). The Twins’ bullpen has seen multiple names emerge from within the system as well, headlined by closer Jhoan Duran and setup man Griffin Jax.

Willard will join newly hired pitching coach Andrew Bailey in working with Breslow and the rest of the Boston baseball ops and player development staff to hopefully optimize the Sox’ pitching development systems. While each of Bello, Houck and Crawford has had some big league success, they’re all still relatively inexperienced. The Red Sox have regularly relied on free agency and the trade market to round out the pitching staff over the past decade, but they’ve struggled to supplement those high-profile additions (e.g. Sale, Rick Porcello, David Price, Nathan Eovaldi) with cost-effective arms produced by their own system.

Yoshinobu Yamamoto To Meet With Teams Within The Next Week

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Japanese superstar Yoshinobu Yamamoto is getting closer to Major League Baseball, both literally and figuratively. According to Mike Puma of the New York Post, the 25-year-old right-hander is coming to the United States “within the next week” to begin in-person meetings with his MLB suitors.

As previously reported by Andy Martino of SNY, Yamamoto planned to hold initial meetings with all interested teams over the phone or Zoom before traveling to North America to meet with the finalists for his services. Presumably, the phone call stage of the process is wrapping up, which suggests the star pitcher has already begun to narrow down his options. It remains unclear how many teams Yamamoto will be speaking with, although Puma reports that the Mets are one of the clubs to secure a meeting with the five-time NPB All-Star.

Martino’s initial report indicated that Yamamoto would not sign until after the Winter Meetings, and Puma’s update seems to confirm that timeline. While the righty must sign before his posting window closes on January 4 (if he is going to sign with an MLB team at all), that still gives him just over a month to make his choice.

There might not be much news about Yamamoto during the Winter Meetings, but still, it will be interesting to see how his timeline affects the rest of the starting pitching market. Plenty of teams are pursuing the righty, and they might prefer to wait until he signs elsewhere before turning to Plan B. Similarly, frontline starters like Blake Snell and Jordan Montgomery might be waiting for Yamamoto to set the market, which could make this a quiet week on the starting pitching front. Then again, perhaps teams with starters to trade will take advantage of such a lull; Tyler Glasnow of the Rays and Dylan Cease of the White Sox are already generating interest as the Winter Meetings get underway.

West Notes: Giants, Yamamoto, Angels, Leiter

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The Giants have long been expected to be one of the winter’s more aggressive teams after missing out on megadeals for stars Aaron Judge and Carlos Correa last offseason. While the club was still active on last year’s free agent market, deals for lower-profile players like Taylor Rogers, Michael Conforto and Mitch Haniger didn’t save San Francisco from a 79-83 campaign that ended with a fourth place finish in the NL West this year. As president of baseball operations Farhan Zaidi and his front office looks to turn things around ahead of the 2024 season, the club has been connected to plenty of top players this offseason, ranging from star outfielders Cody Bellinger and Juan Soto to reigning NL Cy Young award winner Blake Snell to even two-way superstar Shohei Ohtani.

One such star the Giants are known to have interest in is NPB right-hander Yoshinobu Yamamoto, who Zaidi himself noted the club has scouted extensively in the run-up to his posting late last month. Today, Susan Slusser of the San Francisco Chronicle provided an update on the club’s interest in Yamamoto, who ranked as the #3 free agent in this year’s edition of MLBTR’s annual top 50 free agents list. Per Slusser, other teams interested in Yamamoto believe that the Giants “have an edge” in the sweepstakes for his services. Yamamoto figures to be among the most sought-after free agents this winter, with reports indicating that nearly half the league has interest in the 25-year-old righty. The Mets and Yankees, in particular, have been connected to Yamamoto heavily to this point in the offseason.

Even if San Francisco does have a leg up in the Yamamoto sweepstakes, a signing would surely require a major financial outlay. The righty is widely expected to secure the largest deal of any starting pitcher on the market this winter besides Ohtani; MLBTR has projected him for a nine-year, $225MM deal that would only be surpassed by the guarantees secured by Gerrit Cole and Stephen Strasburg among free agent starters. That shouldn’t be a problem for San Francisco, which reportedly offered Judge a deal in the $360MM range last offseason before 2022’s AL MVP ultimately returned to the Yankees.

More from MLB’s West divisions…

  • The Angels have made significant headway in assembling their 2024 coaching staff under new manager Ron Washington in recent weeks, though USA Today’s Bob Nightengale suggests the club previously offered both former Pirates and Rockies manager Clint Hurdle as well as 21-year MLB veteran LaTroy Hawkins roles on Washington’s staff; Hurdle was offered a job as Washington’s bench coach while Hawkins was offered the bullpen coach role. Nightengale goes on to note both men are expected to retain their current roles as special assistants to the front offices in Colorado and Minnesota, respectively. That’s hardly a surprise, as the club has reportedly hired Steve Karsay as the new bullpen coach in Anaheim while bench coach Ray Montgomery will remain in that role for a third season in 2024.
  • The Rangers were open to moving right-handed prospect Jack Leiter at the trade deadline this summer in the right deal for pitching, according to Evan Grant of The Dallas Morning News. The second-overall pick of the 2021 draft was initially expected to be a fast-rising arm who could impact the big league club shortly after being drafted, but the righty has struggled to this point in his professional career. While Grant notes that Leiter made some strides last season, he’s not yet ready to contribute in the majors and could be part of the return for a front-of-the-rotation arm, should Texas look to the trade market in their search for rotation upgrades this winter. While Leiter has a career 5.37 ERA across two minor league seasons, the 23-year-old ended the 2023 campaign on a relative high note with a 3.31 ERA and a 39.7% strikeout rate in his final four starts at the Double-A level.

Rangers, Mets, Red Sox Reportedly Shift Focus Away From Pursuit Of Shohei Ohtani

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Rumors about the state of Shohei Ohtani’s market in free agency have been decidedly and deliberately scarce. Ohtani is said to prefer things to be kept quiet and close to the vest, and teams involved in the bidding surely don’t want to jeopardize their chances by being too forthcoming in terms of leaking information to the media. ESPN’s Jeff Passan pulls back the curtain a bit this morning, however, writing that at least three teams — the Rangers, Mets and Red Sox — have turned their attention to other players at this stage of the process. While each of the three were among Ohtani’s original group of suitors, it seems the trio has become pessimistic about their chances of closing a deal.

The Rangers’ ostensible exit from the Ohtani bidding dovetails with recent comments from general manager Chris Young, who just yesterday told reporters that he does not anticipate spending to the same extent he did in the past two offseasons. Texas dropped more than $500MM in the 2021-22 offseason when signing Corey Seager, Marcus Semien and Jon Gray. The Rangers spent more than $200MM last winter when adding Jacob deGrom, Nathan Eovaldi and Andrew Heaney. Whether the expectation for lesser spending is because they feel they’re out of the Ohtani bidding or vice versa, the end result seems to be an expectation and concession that the two-time AL MVP and longtime Rangers division rival will sign elsewhere.

As for the Mets, there was never any question whether they have the funds to pay Ohtani a contract that’s widely expected to eclipse $500MM by a comfortable margin. Owner Steve Cohen is the sport’s wealthiest and most aggressive owner. But there have long been questions about Ohtani’s desire to play in the New York spotlight and deal with the inherent media frenzy associated with that market. It should come as no surprise that the Mets (and likely the Yankees) nevertheless tried, but Passan’s report suggests those efforts have come up short. To that end, SNY’s Andy Martino reports that Ohtani’s countryman, Yoshinobu Yamamoto, is currently the Mets’ primary focus.

The Red Sox, meanwhile, are known to be seeking top-of-the-rotation help for the 2024 season, which doesn’t apply to Ohtani while he mends from elbow surgery. (Though he’d clearly be a factor in their 2025 rotation and beyond.) Prior reports have suggested that Boston’s focus, thus far, has been more on the trade market than on free agency. That doesn’t definitively mean that the Sox aren’t willing to spend lavishly on free agents this winter, but if their pursuit of immediate rotation help eventually leads them to free agency, it’d make for a particularly expensive offseason to pursue both Ohtani and one of the remaining top-end starters (e.g. Yamamoto, Blake Snell, Jordan Montgomery).

While those three clubs are out of the mix, Ohtani’s market does still include the likes of the Dodgers, Cubs, Blue Jays and Angels, per Passan. That’s not intended to be a comprehensive list of the remaining suitors, however. It stands to reason that other clubs could yet be in play. The Giants have long been linked to Ohtani, as have the Mariners — although Daniel Kramer of MLB.com reported a couple weeks ago suggested that the Mariners were unlikely to ultimately land him.

Mets Continuing To Explore Rotation Market

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The Mets are soon to add Luis Severino to their rotation, as they’re in the process of finalizing a $13MM contract with the longtime Yankee. That’s one of what’ll surely be multiple additions to the starting staff, as New York entered the offseason with only Kodai Senga and José Quintana locked into rotation spots.

There’s no secret about their interest in NPB superstar Yoshinobu Yamamoto, the three-time winner of the Sawamura Award (Japan’s Cy Young equivalent). Upwards of a dozen teams are in the mix for the 25-year-old righty, who seems likely to command the largest contract of any pure pitcher in this year’s class. Jon Heyman of the New York Post wrote this afternoon that some rival clubs consider the Mets the favorite on Yamamoto, but there’ll be no shortage of competition.

Unsurprisingly, the front office has its eye on multiple options on the open market. Michael Marino of Fantrax tweeted this week that the club was showing interest in left-hander Jordan Montgomery. Andy Martino of SNY echoes that sentiment, calling Montgomery “a more likely target” than fellow free agent southpaws Blake Snell and Eduardo Rodriguez.

Montgomery has been a popular name. He is also known to have drawn attention from the Red Sox, Yankees and incumbent Rangers. It stands to reason there are numerous additional suitors for the soon to be 31-year-old, who is coming off a 3.20 ERA across 188 2/3 innings. That’s a career-best mark, but he has allowed fewer than four earned runs per nine while reaching 30+ starts in each of the past three seasons.

In addition to their Yamamoto pursuit, the Mets apparently also have some level of interest in Shota Imanaga. Martino adds that they’ll “explore” the market on the left-hander, the second-best pitcher coming over from Japan this offseason. Imanaga was officially posted by the Yokohama BayStars this week, opening a 45-day window for him to sign with a major league team.

While Imanaga isn’t the same caliber of pitcher as Yamamoto, he has a chance to beat the five-year, $75MM pact which the Mets gave Senga last offseason. Imanaga turned 30 in September, so he’s one of the younger free agent arms available (albeit nowhere near as young as Yamamoto). He’s coming off a 2.80 ERA showing over 148 innings in NPB. Imanaga struck out 174 hitters, fanning a little over 29% of batters faced. Evaluators with whom MLBTR spoke projected him as a potential mid-rotation arm. Brandon Tew of Spots Info Solutions took a look at Imanaga’s repertoire yesterday, praising his command and the carry he generates on his low-90s four-seam fastball.

Each of Montgomery and Imanaga could land five or more years. A pact of that length would align with the Mets’ general competitive timeline. Team officials have made clear they won’t punt on the upcoming season but are targeting 2025 and beyond as a more realistic contention window.

To that end, Martino suggests they’re unlikely to be actively involved in trade discussions for a star player whose contract expires at the end of next season. He reports that the Mets are not in discussions with the Rays on Tyler Glasnow at present. (While Martino doesn’t specifically mention Corbin Burnes or Shane Bieber, it’d be similarly logical for the team to mostly sit out those discussions as well.) They’re seemingly reluctant to relinquish significant future value for a rental on the heels of a fourth-place finish in a competitive NL East.

Orioles Notes: Rotation, Nola, Stadium

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For the past year, the big question for the Orioles is whether they’ll add a high-end starting pitcher. While Kyle Bradish and Grayson Rodriguez took steps forward in 2023 (during the second half of the season in the latter’s case), there’s clearly still room for another pitcher who can slot into the upper half of the rotation.

O’s general manager Mike Elias acknowledged as much during the GM Meetings a few weeks ago. Baltimore has done virtually nothing in free agency during Elias’ five-year tenure. They’re still yet to sign a free agent to a multi-year contract. Much of that has been amidst a rebuild, so there’s a possibility for Elias and his front office to be more aggressive.

To that end, Jeff Passan of ESPN reported this morning that the O’s had shown interest in Aaron Nola during his free agency. There’s no indication that Baltimore ever put forth a formal offer before Nola returned to the Phillies on a seven-year, $172MM contract. The right-hander was obviously going to require a commitment well into nine figures, so the O’s being involved at all hints at some willingness to pursue a notable free agent strike.

Yoshinobu Yamamoto and Blake Snell should land more significant contracts than the one that Nola received. Jordan Montgomery, Eduardo Rodriguez and NPB star Shota Imanaga are among the next tier of free agent starters. Rich Dubroff of Baltimore Baseball wrote yesterday that Yamamoto — whom MLBTR predicts for a nine-year, $225MM contract — is likely to be out of Baltimore’s comfort zone financially.

Free agency is only one means of bringing in pitching talent. There are a few notable names who could be available on the trade market. It’s hard to envision the Rays moving Tyler Glasnow within the AL East, but each of Dylan Cease and Corbin Burnes have also been floated as candidates. Dubroff suggests the O’s have interest in both hurlers — no surprise given their talent and the team’s desire for a rotation upgrade.

Baltimore still has a top-tier farm system despite the prospect graduations of Rodriguez and Rookie of the Year winner Gunnar Henderson. It’s safe to assume that duo and top shortstop prospect Jackson Holliday are off the table in talks. Players like Jordan Westburg, Coby Mayo and Samuel Basallo are among numerous younger talents whom Elias and his staff could make available if they pursued a trade for a high-end starter (particularly one like Cease, who has two seasons of remaining arbitration control).

Also on the docket for the Orioles this winter: finding clarity on their lease agreement with the Maryland Stadium Authority. The franchise announced in late September that they had agreed to a 30-year lease extension at Camden Yards. One day later, the Baltimore Sun reported that it was instead a non-binding memorandum of understanding. That agreement would provide the Orioles long-term development rights around the stadium but did not represent an official extension of the lease.

With the current lease expiring on December 31, the Sun’s Jeff Barker reports that the state and the team are considering decoupling the lease from the development rights to facilitate getting a binding lease in place within the next five weeks. As Barker points out, the legislative hurdles to be cleared are lower for the lease agreement itself than for the accompanying development plans. Tabling those discussions (even temporarily) could get an official lease extension in place to firmly put to rest any questions about the O’s future in Baltimore. In 2019, owner John Angelos pledged the organization will remain in the city “as long as Fort McHenry is watching over the harbor.”

Details On Yoshinobu Yamamoto’s Plan For Free Agent Meetings

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Right-hander Yoshinobu Yamamoto has been officially free to negotiate with MLB clubs since last Tuesday, when the Orix Buffaloes posted the star pitcher.  The free agent courtship process looks to begin in earnest next week, as SNY’s Andy Martino reported on how Yamamoto and his representatives at Wasserman will approach the decision of picking the righty’s new team.

The first stage is a round of phone calls and Zoom meetings with all of the interested teams.  Yamamoto is then expected to arrive in the United States for a series of in-person meetings and further negotiations with however many finalists make this second and presumably last stage of talks.  The timeline for these in-person sitdowns is after baseball’s Winter Meetings (December 4-7), which will allow teams a better sense of the pitching market if some other top hurlers are signed or traded in the interim, and allows Yamamoto’s camp that same knowledge as well as perhaps extra negotiating leverage, if remaining suitors are even more desperate for pitching.

Though Yamamoto’s posting window extends until January 4, it “is not expected to require that much time” for the right-hander to decide on a contract, Martino writes.  Obviously there’s a lot of fluidity in this timeline depending on how many teams makes Yamamoto’s in-person shortlist and what types of offers end up on the table, but it would tentatively seem like he might have his decision made sometime between mid-December and Christmas Day.

Landing Yamamoto would undoubtedly make for a merry holiday season for any team or fanbase, given all of the hype that has surrounded the 25-year-old’s impending arrival in Major League Baseball.  With a 1.82 ERA and a long list of accolades amassed over his seven seasons with the Buffaloes, Yamamoto is one of the most intriguing players to ever make the jump from NPB to MLB, as well as something of a unique free agent in general due to his young age.  It is widely anticipated that Yamamoto will earn at least $200MM in his contract (MLBTR projects a nine-year, $225MM deal), and agent Joel Wolfe said earlier this week that 11-14 teams had already been in touch within the first day of Yamamoto’s posting.

Martino also adds a clarification to a statement made by Wolfe earlier in the week, as the agent told Japanese media during a conference call that his client would have no problem playing with another Japanese player.  Due to a translation error, this was incorrectly interpreted as Wolfe saying that Yamamoto was prioritizing teams that already had at least one Japanese player on the roster, which isn’t the case.

Nearly Half The League Has Reached Out To Yoshinobu Yamamoto

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As the best pitcher in Japan who’s been made available to MLB teams at just 25 years of age, Orix Buffaloes right-hander Yoshinobu Yamamoto has always been expected to command an aggressive bidding war. Yamamoto’s 45-day negotiation window with MLB clubs opened yesterday morning, and he’s unsurprisingly drawn widespread early interest.

Agent Joel Wolfe of Wasserman, who’s representing Yamamoto, told the Kyodo News last night that he’s already heard from 11 to 14 teams. Yamamoto’s negotiation window officially opened yesterday morning.

“This is by far the player with the most interested teams that I have ever seen at the beginning of free agency,” said Wolfe, an executive vice president of one of the sport’s largest agencies. As one would expect, Wolfe indicated that Yamamoto isn’t approaching free agency with any restrictions based on geography. (Even if Yamamoto does have some specific geographic preferences, those would likely be kept close to the vest — if only as a means of retaining leverage in talks.)

The list of teams already linked to Yamamoto in free agency nearly outnumbers the list of teams who’ve not yet had public ties to him. The Cardinals, Phillies (even after re-signing Aaron Nola), Diamondbacks, Tigers, Yankees, Mets, Blue Jays, Cubs, Giants, Red Sox and Dodgers have all been reported to have interest in Yamamoto. That’s 11 teams right there, and it’s surely not a comprehensive list. Yamamoto figures to draw interest from contending clubs and non-contenders alike, given the rarity with which a free agent of this caliber reaches the market at such a young age. Even a team eyeing 2025-26 as a more realistic range for competing could outbid the field for Yamamoto and know that he’d be squarely in his prime years when that window for contention is more earnestly open.

Yamamoto has been evaluated extensively by MLB scouts, with the consensus being that he’s a legitimate No. 1 or No. 2 caliber arm in a big league rotation. Between that ceiling, his age and his brilliant track record in Japan, he’s expected to command the largest contract ever for an NPB pitcher making the jump to MLB — perhaps a deal in excess of $200MM (plus the requisite posting fee). Yamamoto has won three straight Sawamura Awards in Japan — NPB’s equivalent of MLB’s Cy Young Award — and just posted a career-best 1.21 ERA in 2023. He’s logged a sub-2.00 ERA in four of his past five seasons while punching out better than 27% of his opponents against a tidy 5.7% walk rate.

Any team that signs Yamamoto will owe a posting/release fee to the Buffaloes. That fee is equivalent to 20% of the contract’s first $25MM, plus 17.5% of the next $25MM (a combined total of $9.375MM), plus 15% of any money thereafter. Using MLBTR’s predicted nine-year, $225MM deal as a hypothetical example, that contract would come with a $35.625MM fee — a total outlay of $260.25MM for the signing team. Given Yamamoto’s youth and the substantial demand for him, it wouldn’t be at all surprising if any deal wound up containing an opt-out a few years into the pact, thus allowing him to return to free agency in his late 20s after having the potential to establish himself as a genuine top-of-the-rotation arm in the Majors.

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