Padres Rumors

Padres Finalize Agreement With Nick Martinez

By Anthony Franco | March 16, 2022 at 8:08pm CDT

The Padres announced this evening they’ve signed right-hander Nick Martínez. They agreed to terms with the former NPB starter in the waning hours before the lockout, but the deal wasn’t finalized before the work stoppage.

Martínez’s deal was originally reported as a four-year, $20MM guarantee that included opt-outs after each of the first two seasons. However, the team announced the agreement as a one-year contract with successive player options for 2023, 2024 and 2025 — indicating he can opt-out after any of the first three years. Meanwhile, Dennis Lin of the Athletic reports (on Twitter) that he’s actually guaranteed $25.5MM.

That breaks down as a $2MM signing bonus and a $4MM salary this year followed by successive $6.5MM player options, each of which include buyouts worth $1.5MM. Were Martínez to opt out next winter, he’d be leaving $18MM over three years on the table. For every season in which he starts 20 games, the following year’s salary escalates by $1MM.

Martínez commanding such a strong deal registered as a surprise. Padres president of baseball operations A.J. Preller is familiar with him from their days together with the Rangers organization, however, and the Fordham product is coming off an excellent run in Japan. Over three seasons in NPB split between the Nippon-Ham Fighters and the Fukuoka SoftBank Hawks, Martínez pitched to a 3.02 ERA.

To clear space on the 40-man roster, San Diego placed left-hander Adrian Morejón on the 60-day injured list. Morejón underwent Tommy John surgery last April and will miss at least the first two months of this season as he continues his recovery.

Latest On Freddie Freeman’s Market

By Steve Adams | March 16, 2022 at 2:36pm CDT

It’s been apparent since the Braves acquired and extended first baseman Matt Olson that Freddie Freeman is likely headed elsewhere in free agency, but Freeman made that all but official this afternoon when he thanked Braves fans and bid them and the organization farewell on Instagram this afternoon.

“…Thank you from the bottom of my heart,” wrote Freeman. “It has been a blast to have you cheer for me and I hope I was able to bring smiles to a lot of your homes over the years. I gave everything I had day in and day out and I hope you guys saw that as well. Although our time has come to an end, I look forward to seeing and playing in front of you all again. When that time comes, I hope you remember all the wonderful memories we made together. I love you Braves Country! Champions Forever!”

It’s not clear whether Freeman’s message is a portent for an agreement with a new team or simply an acknowledgement that the first chapter of his storied career has drawn to a close. Several possible landing spots for the 2020 NL MVP have dried up in the past few days, as the Braves not only essentially replaced him with Olson, but the Yankees struck up a deal to bring Anthony Rizzo back to the Bronx.

Reports recently have suggested that Freeman remains of interest to the Dodgers, Red Sox, Rays and Padres, although each destination comes with its own reasons for some degree of skepticism. Freeman has reportedly sought a six-year deal that would carry him through his age-37 season, and the Dodgers tend to prefer higher annual salaries and shorter terms than that six-year target. To that end, USA Today’s Bob Nightengale wrote this week that L.A. is “believed” to have offered a four-year deal to Freeman that includes a sizable annual value.

Looking to Freeman’s other reported suitors, the Padres have spent more than a year trying to move Eric Hosmer, who still has four years and $59MM remaining on his contract. As explored more in depth here at MLBTR yesterday, it’s difficult to see that deal coming together without several other pieces falling into place first.

The Red Sox have been comfortable exceeding the luxury tax in the past, but they opted not to do so and have at pair of interesting young first base/designated hitter types already in Bobby Dalbec and prospect Tristan Casas. It’s doubtful that either would stand in the way of Boston signing a player of Freeman’s caliber, but the luxury tax concerns present a more feasible roadblock. Still, SNY’s Andy Martino tweeted this morning that the Yankees believe their archrivals’ interest in Freeman is sincere.

As for the Rays, their interest is said to be real but also comes with the most obvious hurdles of the bunch. Tampa Bay’s payroll is perennially among the lowest in the sport, and while the long-term books are exceptionally clean (as noted when first examining their reported offer), a free agent of Freeman’s caliber heading to Tampa is entirely without precedent. It was a surprise several years ago to see the Rays reel in Charlie Morton on a $30MM guarantee that spanned two seasons; Freeman could command an annual salary in that range over a longer term. MLB Network’s Jon Heyman tweeted this morning that Tampa Bay has remained “aggressive” in its surprising pursuit of Freeman, but an actual deal between the two parties would still register as one of the largest free-agent surprises ever.

The lack of obvious suitors for a massive five- or six-year commitment and the recent decisions by the Braves and Yankees to move on has created a sense among some executives in the game that Freeman’s camp overplayed its hand, Jim Bowden of The Athletic tweets. That’ll be determined by Freeman’s ultimate contract, of course, but his path to the massive contract that once appeared to be a given looks a bit less clear now than it did when the Yankees and Braves were still in the market for his services.

Fernando Tatis Jr. Undergoes Wrist Surgery

By Steve Adams | March 16, 2022 at 11:01am CDT

March 16: Tatis is undergoing surgery this morning, tweets Kevin Acee of the San Diego Union Tribune.

March 14, 2:16pm: It’s not clear precisely when Tatis suffered his injury, but he admitted today when speaking with reporters (including Jesse Rogers of ESPN) that he’d fallen off his motorcycle multiple times throughout the winter. One accident described as minor had been reported in early December; Tatis called its resultant injuries “minor scrapes,” but Jon Heyman of the MLB Network tweets that some people “close to the situation” are hypothesizing he suffered his wrist fracture at that point. As Bob Nightengale of USA Today points out, team officials were barred from speaking with or examining Tatis until last Thursday on account of the lockout.

11:29am: Tatis has a fracture in the scaphoid bone of his left wrist, tweets Cassavell. It’s possible the injury was sustained earlier in the winter (though that remains unclear), but it flared up decisively while swinging a bat recently.

11:05am: Padres superstar Fernando Tatis Jr. suffered a broken wrist that could require surgery, president of baseball operations A.J. Preller announced to reporters this morning (Twitter link via MLB.com’s AJ Cassavell). Surgery is a possibility for Tatis, who is expected to miss up to three months recovering from the injury.

It’s a brutal blow to the Padres, who’ll now go as much as half the season without one of the game’s brightest young stars. Tatis missed time last season with a recurring subluxation of his shoulder but nevertheless hit .282/.364/.611 with 42 home runs in just 130 games. Tatis avoided surgery for that particular ailment but will now miss substantial time with a new malady.

San Diego has plenty of infield depth, though there’s no replacing a player of Tatis’ caliber. His injury could create a more stable opportunity for former KBO star Ha-Seong Kim, who struggled in a part-time role with the Friars last year after signing a four-year, $28MM contract. Alternate options on the roster include third baseman Manny Machado, second baseman Jake Cronenworth and utilityman Jurickson Profar — all of whom have experience at shortstop in the big leagues. Twenty-one-year-old CJ Abrams is among the top prospects in all of baseball, but he’s not yet on the 40-man roster and has yet to play above Double-A. He’s in camp as a non-roster invitee, though, so he’ll get a chance to force the team’s hand.

Of course, it at least bears mention that there are a few prominent shortstops yet unsigned on the market. Both Carlos Correa and Trevor Story have been in search of new homes this winter, and were either amenable to a one-year deal that’d allow them to reenter the market next winter, the Friars could make for a previously unexpected fit. There’d be an eventual logjam, but Tatis did spend some time in the outfield last year.

That said, a Story or Correa match is an extreme long shot for multiple reasons. Both are seeking long-term arrangements, and the Padres have been looking to shed payroll as they explore trade scenarios involving Eric Hosmer and Wil Myers. Signing either free agent would require not only forfeiting a draft pick but also forking over a sizable salary. Preller has taught us time and again to never expressly rule the Padres out on virtually any pie-in-the-sky scenario, but it’s pretty difficult to imagine either Story or Correa popping up in Padres camp to step in for Tatis.

Tatis is entering the second season of a precedent-shattering 14-year, $340MM contract extension. He’s slated to earn $5MM this season and will see his salaries rise to $7MM in 2023, $11MM in 2024, $20MM in 2025-26, $25MM in 2027-28 and $36MM annually from 2029-36.

Padres Reportedly Interested In Freddie Freeman

By Steve Adams | March 15, 2022 at 3:27pm CDT

Earlier this morning, MLB Network’s Jon Heyman reported that the Red Sox had jumped into the bidding on star first baseman Freddie Freeman, and just hours later, Bob Nightengale of USA Today writes that the Padres, too, are looking into the possibility of signing Freeman.

The level of sincerity behind the Padres’ apparent interest isn’t clear. On the one hand, Freeman would unequivocally deepen their roster and bolster their lineup in a major way. On the other, the Padres already have a pricey first baseman, Eric Hosmer, whom they’ve been trying to trade in an effort to escape the remaining four years and $59MM on his contract. There’s also the fact that one of Freeman’s reported suitors, the Dodgers, just so happen to be a division rival for the Padres. Making an effort to drive up the price wouldn’t be out of the question.

That said, it’s worth taking a peak at just how a potential Freeman signing would impact the Padres, both in 2022 and in the long-term. The impact on the actual 2022 payroll would depend on contract structuring, but even a backloaded deal would boost the Padres’ currently $200MM payroll substantially.

Looking beyond the current season, the contracts of Manny Machado, Yu Darvish, Blake Snell, Fernando Tatis Jr., Drew Pomeranz, Ha-Seong Kim, Nick Martinez and Luis Garcia total about $114MM in guaranteed money. That doesn’t include player options for Jurickson Profar and Robert Suarez, which could be exercised — nor does it include arbitration raises to the likes of Dinelson Lamet, Austin Adams, Tim Hill, Chris Paddack and Emilio Pagan. Factoring in all of that, a Freeman deal could take reasonable 2023 payroll projections north of $160MM.

The broader concern would be the luxury-tax obligations associated with a Freeman deal. If he is indeed seeking something in the vicinity of $30MM annually, that’d send the Padres back into luxury-tax territory for what would be a second straight season. The Padres currently have about $217MM in luxury obligations, per Jason Martinez of Roster Resource, and there’s no getting around the huge CBT hit associated with any potential Freeman deal.

In fact, even if the Padres were able to move the entirety of Hosmer’s contract — which seems unlikely without at least taking some money back on in return — the subtraction of that $18MM luxury hit would only narrowly drop the Padres below $200MM in total. In other words, even if San Diego somehow traded all of Hosmer’s deal and replaced him with Freeman, the new contract would still push the Padres right back up against CBT precipice.

It’d be a surprise to see San Diego draw up a five- or six-year offer at top-of-the-market dollars to bring in Freeman when they’re still trying to unload Hosmer’s contract, but Padres president of baseball operations A.J. Preller is never one to shy away from an unexpected move.

Seiya Suzuki Weighing Interest From Several Teams

By Mark Polishuk | March 14, 2022 at 6:41pm CDT

6:41pm: Suzuki and his reps are expected to meet with Cubs brass tonight, reports Sahadev Sharma of the Athletic (Twitter link).

4:45pm: Suzuki himself shot down rumors of a decision having been made, via Instagram story. “There are several reports that I’ve made my decision, but none of that is true,” writes Suzuki.

2:28pm: Suzuki has not chosen a team yet, according to Dylan Hernandez of the L.A. Times, who says six to seven teams remain under consideration. Jon Heyman of MLB Network names the Padres, Dodgers, Red Sox, Giants, Mariners, and Cubs as some of the teams still involved.

TODAY, 1:43pm: “It appears Seiya Suzuki’s decision is not far away,” tweets Acee.

YESTERDAY, 11:53pm: The Padres are known to be making a push for Seiya Suzuki, and the outfielder worked out in front of Padres executives at Petco Park this weekend, The Athletic’s Dennis Lin reports (Twitter link). Suzuki’s time in San Diego also included a visit with Padres righty Yu Darvish and Darvish’s family.

Now that the lockout is over, Suzuki is finally free to partake in normal free-agent recruitment tours, which are particularly key for players coming to Major League Baseball for the first time. Lin notes that it isn’t known if Suzuki visited any other teams this weekend or what his other travel plans may entail, though given the number of teams interested in Suzuki, he could have quite a few stops to make before his posting period is up. Suzuki now has 17 of his 30 posting days remaining, as the lockout interrupted this process and kept Suzuki from any contract with big league clubs.

Suzuki has seemingly become an increasingly important figure in the Padres’ roster-building efforts, as Kevin Acee of The San Diego Union-Tribune said earlier today that obtaining Suzuki was part of a “Plan A” scenario for the team. That outline included signing Suzuki and Nelson Cruz, and then trading one of Eric Hosmer or Wil Myers to open up payroll space, though one element of that plan has now been scuttled since Cruz signed with the Nationals.

With Cruz now off the board, it could only intensify the Padres’ pursuit of Suzuki. Since Cruz is limited to DH duty, adding Suzuki would arguably be a better fit for San Diego anyway given the team’s needs in the outfield. Suzuki could be easily slotted right into the Padres’ right field spot, as Myers (if he isn’t traded) could be moved across the grass to fill San Diego’s left field vacancy.

Padres Notes: Hosmer, Myers, Suzuki, Cruz, Montesino

By Mark Polishuk | March 13, 2022 at 5:53pm CDT

Eric Hosmer and Wil Myers have been regulars in trade rumors for months, and that status hasn’t changed now that the lockout is over. The Padres have been “aggressively shopping” both players in trade talks, according to MLB.com’s Mark Feinsand, in an effort to clear some salary and roster space, plus create some more flexibility under the competitive balance tax.

Even with the tax threshold rising to $230MM this season, the Padres are already projected for a luxury tax number just shy of $218MM (as per Roster Resource). Since the Padres did exceed the CBT last season, they’d have to pay the larger “two-timer” penalty for crossing the threshold in consecutive years, so all things considered, the club would surely prefer to avoid a second tax overage if at all possible.

Getting either Hosmer or Myers off the books would help greatly in this regard. Since a player’s tax number is determined by the average annual value over the life of his contract, Hosmer’s tax number is $18MM per season and Myers is $13.83MM, though both players are set to earn more in actual dollars. Myers is owed $20MM in 2022 and there is a $20MM club option on his services for 2023 with a $1MM buyout, while Hosmer is owed a total of $59MM over the 2022-25 seasons.

These pricey contracts also don’t hold a ton of appeal to other teams, which is why San Diego has explored any number of scenarios to try and swing a deal. The Padres have looked to try and attach a prospect (Luis Campusano and Robert Hassell were mentioned) to Hosmer in talks with the Rangers and Cubs last summer, as some kind of sweetener is likely necessary to move the first baseman. Beyond the $59MM, Hosmer has also posted essentially replacement-level production (0.6 fWAR) since the start of the 2018 season. Myers has been similarly inconsistent over that same timeframe but his 5.5 fWAR has clearly marked him as the more productive of the two. If Myers may be the easier trade candidate, however, the Padres’ needs in the outfield would only be increased if Myers was suddenly no longer around.

This isn’t to say that San Diego isn’t already eyeing replacements. As Kevin Acee of The San Diego Union-Tribune puts it via Twitter, the Padres’ “Plan A” would seem to be a scenario where the club signs Seiya Suzuki and Nelson Cruz, while moving one of Hosmer or Myers. Several other teams have been linked to both Suzuki and Cruz, though in Cruz’s case, recent reports have indicated the Padres could be a finalist for the veteran slugger. Even with one of Hosmer or Myers dealt, plans to add two prominent free agent bats could seem to indicate that the Friars are willing to spend at least in the range of that $230MM tax threshold.

In other team news, first base/outfield prospect Daniel Montesino will miss the 2021 season due to Tommy John surgery, Jeff Sanders of The San Diego Union-Tribune reports. Montesino signed for a $1MM bonus during the 2020-21 international signing period, and posted a big .934 OPS over 243 plate appearances for the Padres’ Dominican Summer League squad last year. MLB Pipeline (24th) and Baseball America (29th) each listed Montesino within their rankings of San Diego’s top 30 prospects.

Red Sox To Sign Matt Strahm

By TC Zencka | March 13, 2022 at 9:26am CDT

The Boston Red Sox are in agreement with reliever Matt Strahm on a one-year deal, per Robert Murray of FanSided (via Twitter). The deal is pending a physical. The contract is worth $3MM, per Jon Heyman of the MLB Network (via Twitter).

Strahm spent the past four seasons with the Padres after two years with the Royals, the team that drafted him out of Neosho County Community College in Kansas. The 30-year-old southpaw has mostly pitched out of the bullpen, but he does boast swingman potential, having made 25 starts over his six-year career.

Last season, however, was a bit of a lost year for Strahm. He logged just 6 1/3 innings over six appearances for the Padres, with another three appearances in Triple-A. Strahm missed most of the year after surgery to repair the patellar tendon in his knee. He returned in August, only to land back on the injured list later in the month with knee inflammation.

The contract total, while not at all exorbitant, does reflect an expectation for Strahm to hold down a place in Boston’s bullpen. Before the knee injury cut short his 2020 season, Strahm had posted a 3.66 ERA/4.14 FIP in 196 2/3 innings from 2018 to 2020, so there’s certainly reason to assume the lefty can make an impact in Boston. Strahm joins Josh Taylor, Darwinzon Hernandez, and Austin Davis as potential southpaws available to manager Alex Cora out of the bullpen.

NL Central Notes: Castellanos, Reds, Reynolds, Cardinals, Pujols, Kim

By Mark Polishuk | March 12, 2022 at 4:26pm CDT

The bullpen, a fifth starter, bench help, and backup catching were cited by Reds GM Nick Krall as possible target areas, Krall told The Cincinnati Enquirer’s Bobby Nightengale and other reporters, and the Reds could turn to either Major League or minor league free agents to address any of those needs. In regards to one particular prominent free agent, Krall seemed to close the door on the chances of Nick Castellanos returning to Cincinnati, saying “we have not been engaged with his representatives.”

It doesn’t count as any big surprise that Castellanos will be moving on, since he was looking for a hefty new contract pre-lockout, and the Reds’ offseason moves have thus far been geared towards cutting and managing payroll (while still making some effort to contend for a playoff spot). Since Castellanos rejected the Reds’ qualifying offer and because Cincinnati is a revenue-sharing recipient, the team stands to receive an extra pick after the first round of the 2022 draft should Castellanos sign elsewhere for more than $50MM.

Padres Showed Interest In Michael Conforto Pre-Lockout

By Sean Bavazzano | March 10, 2022 at 11:01pm CDT

The Padres expressed interest in free agent outfielder Michael Conforto prior to the MLB lockout, per Kevin Acee of the San Diego Union-Tribune. The Padres join a growing list of known teams to have reached out to the longtime Met’s camp, including the Yankees, who were reported to have interest earlier today.

Conforto is the latest player in a long line of free agent left field fielders the Padres have looked into. Reports from earlier in the offseason have connected San Diego to a number of offensively-gifted outfielders to bolster their lineup, including Kris Bryant, Nick Castellanos, and Seiya Suzuki. The interest in Conforto and other top outfielders stems from the departure of incumbent left fielder Tommy Pham, himself a candidate to be re-signed by the club via free agency.

Replacing Pham with Conforto may not deliver the jolt to a disappointing San Diego offense that fans expect, however. In 2021 Conforto slashed an uncharacteristically middling .232/.344/.384 with a 101 OPS+, not far off from a post-injury Pham’s .229/.340/.383 and 103 OPS+ output. Considering both players dealt with injuries and seemingly underperformed their batted ball metrics, it’s possible the Padres may simply find more bounce-back appeal (and, potentially, contract value) in the 29-year-old over the more senior Pham, who just turned 34-years-old.

Whether the Padres and their growingly-thin farm system should take a risk on Conforto is up for debate, as the Boras client rejected a qualifying offer en route to free agency and will cost his new team a draft pick and international bonus pool money. Still, the upside Conforto— a career .255/.356/.468 (124 OPS+) hitter— possesses is undeniable, and a likely upgrade over any current in-house options.

With plenty of offseason (remarkably) left to go in March, San Diego’s projected lineup still has room to change. It’s perhaps worth mentioning that RosterResource currently has non-roster invitee Nomar Mazara penciled into left field, a risky proposition for a team looking to take on their two 100+ win division rivals.

Acee notes that the Friars have roughly $15MM left to spend before hitting the new luxury tax threshold, and potentially more given the team’s willingness to surpass that threshold last season. Even if the club is hesitant to pass the threshold in consecutive seasons it’s still possible a long-term deal can be worked out with Conforto, owing to the likely departure of the well-compensated Wil Myers after the 2022 season. Efforts to move Eric Hosmer’s remaining salary persist as well, which would only further serve president of baseball operations AJ Preller’s penchant for big moves.

With this in mind, team officials have told Acee that the club “is in position to spend for an offensive upgrade”. Whether Conforto is atop Preller’s shopping list remains to be seen, but it’s clear based on this report that the Padres will be a team to watch in the coming days.

Padres Sign Mitch Walding To Minor League Deal

By Anthony Franco | March 9, 2022 at 10:09pm CDT

The Padres have signed Mitch Walding to a minor league contract, as AJ Cassavell of MLB.com reported. The 29-year-old appeared in the majors with the Phillies in both 2018-19, although he only tallied 15 combined games.

Walding has spent the bulk of his career as an infielder, logging more than 7000 professional innings at third base. However, he tells Cassavell he’s agreed to convert to catching. “My goal was finding anything that could get me back to the big leagues,” the former fifth-round pick said of the position change. “I looked at that as an alternate route that could really do some good for my career. So I got to work.”

While Walding has scant big league experience, he’s a nine-year minor league veteran. The left-handed hitter owns a .241/.341/.392 mark over parts of nine seasons on the farm, including a .240/.367/.433 line in three years at Triple-A. He the 2021 campaign with the Angels’ top affiliate in Salt Lake, hitting .238/.326/.451 with six home runs in 138 plate appearances. Walding struck out at an insurmountable 47.1% clip there, though, and he missed a good chunk of the year on the injured list.

No matter which position he mans, Walding will need to make more contact to get back to the MLB level. The offensive bar to clear is far lower for catchers than it is for third basemen, so a transition to his new position could ease some of the demand he faces at the dish. Yet that requires a successful late-career acclimation to perhaps the toughest spot on the diamond. Walding was credited by Baseball America with a plus arm during his days in the Phillies farm system, but whether he’ll be able to handle the finer points of the position (game calling, receiving, etc.) is to be determined. The Padres already have a fair bit of catching depth on the 40-man roster, but they could view that surplus as an opportunity to upgrade elsewhere whenever the lockout comes to an end.

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