Cubs Interested In Luis Castillo
The Cubs are one of the teams who have spoken to the Mariners about Luis Castillo‘s trade availability, according to Ryan Divish and Adam Jude of the Seattle Times. The depth of Chicago’s interest isn’t known, or if this interest still exists now that the Cubs have already swung a blockbuster deal to land Kyle Tucker from the Astros. Castillo also has a no-trade clause in his contract, so he could veto things entirely if he doesn’t have interest in going to Chicago.
Since the Cubs were known to be looking for pitching, however, it would make sense that they would at least check in on what seems to be an increasingly available trade candidate. Rumors have been swirling about Castillo’s availability in recent days, as while Mariners president of baseball operations Jerry Dipoto has publicly downplayed the idea of trading from Seattle’s rotation depth, it is thought that Castillo might be the most available of the starting five. The 32-year-old Castillo is at least five years older than any of George Kirby, Logan Gilbert, Bryan Woo, or Bryce Miller, and much more expensive — Castillo is owed $68.25MM in guaranteed money from 2025-27, plus a $25MM vesting option for 2028 that becomes guaranteed based on health and an innings threshold.
This salary might be the chief reason the M’s would be open to trading Castillo, as the club is known to be operating within pretty limited payroll parameters. Divish and Jude note that the Mariners are thought to have around $15MM in spending space, and for a team with several needs to address on offense, their options for signings or other trades widen greatly if Castillo’s contract was off the books. Freeing up some money might allow the M’s to make a more full-on pursuit of Christian Walker, who the Mariners have had “atop their wish list since the start of the offseason,” Divish and Jude write.
A deal that saw Castillo go to Wrigleyville could also logically bring at least one bat back in Seattle’s direction. The M’s have already been linked to Cubs second baseman Nico Hoerner, so a swap involving the two of them (if not necessarily a one-for-one) would address both teams’ needs. Hoerner is owed $23.5MM over the next seasons, so that represents some salary offset if Chicago absorbed all of Castillo’s contract.
On the other hand, sending Isaac Paredes to Houston in the Tucker trade package has already cost the Cubs one starting infielder, so Chicago might now be less willing to move Hoerner. Top prospect Matt Shaw is viewed as the likeliest candidate to step in at third base in Paredes’ place, and while James Triantos is another highly-touted youngster who might be ready for the big leagues at second base, entrusting two infield jobs to rookies is a risk for the Cubs.
Getting Castillo for Cody Bellinger or Seiya Suzuki would be a cleaner fit for Chicago in dealing from its outfield depth, but the Mariners already have Julio Rodriguez, Randy Arozarena, and Victor Robles slated for starting jobs. The M’s have Luke Raley set for at least part-time duty at first base and Mitch Haniger penciled in at DH, as well. This all being said, the Mariners have such a broad need for hitting that it certainly isn’t beyond Dipoto to target a big outfield bat and then get creative in either fitting that bat into the lineup, or perhaps trying to deal Raley or Haniger to land the infield help Seattle more clearly needs.
Installing Castillo alongside Shota Imanaga, Justin Steele, Jameson Taillon, and the newly-signed Matthew Boyd would suddenly give the Cubs one of the more appealing rotations in baseball. Plenty more pitching would be on hand as well, since acquiring Castillo would turn fifth-starter candidates Javier Assad, Ben Brown, Jordan Wicks, or top prospect Cade Horton into depth arms. Speculatively speaking, one of these younger depth arms could also be sent to Seattle in a hypothetical Castillo trade, to give the Mariners a ready-made replacement for the new vacancy in their rotation.
Mariners Receiving More Trade Calls On Luis Castillo
Over the weekend, The Boston Globe’s Alex Speier reported that the Mariners were willing to entertain offers on Luis Castillo. Trade chatter has picked up in the few days since then. Daniel Kramer of MLB.com writes that the M’s have received a higher volume of trade calls since Max Fried agreed to an eight-year deal with the Yankees on Tuesday.
Castillo, who turns 32 today, seems to be the one member of the Seattle rotation who’ll be available. President of baseball operations Jerry Dipoto has continuously shot down the idea of trading from his young quartet of Logan Gilbert, George Kirby, Bryan Woo and Bryce Miller. The M’s reportedly rebuffed the Red Sox when Boston floated a framework of Triston Casas for one of their young starters.
Jon Morosi of the MLB Network suggested yesterday that the Red Sox and Mariners remained in conversations about Seattle’s starting pitching. Boston is probably unwilling to give up Casas for Castillo, however. To that end, Speier relayed last night that a source informed him there was no traction on a deal that would involve those two players.
While Castillo is a less appealing target than Seattle’s controllable arms, he should have positive trade value in his own right. He’s coming off another productive season. Castillo started 30 times and worked to a 3.64 earned run average over 175 1/3 innings. He punched out 24.3% of batters faced against a solid 6.5% walk percentage.
That’s a slight step back from his typical production, as he combined for a 3.47 ERA with a 26% strikeout rate over the preceding three seasons. Even if this wasn’t his best year, Castillo looks the part of a mid-rotation starter. He has topped 150 innings in each of the last six full seasons. Castillo’s fastball sits in the 95-96 MPH range. He still has a better than average strikeout and walk profile.
The differentiators between Castillo and his rotation mates are his contract and age. He’s signed for three more seasons at $22.75MM annually. The deal contains a ’28 vesting option valued at $25MM if Castillo reaches 180 innings in 2027 and finishes that year healthy. There’s some protection for the team in the event he suffers a significant arm injury. If Castillo requires surgery to repair the UCL in his throwing elbow and misses more than 130 days, there’d be a conditional $5MM club option for 2028.
Leaving the options aside, the contract has $68.25MM in guarantees for his age 32-34 seasons. That’s probably a little less than what he’d make if he were a free agent this offseason. Castillo is more consistent than Yusei Kikuchi, who got $63MM going into his age-34 season. He has similar numbers to Nathan Eovaldi, who just inked a $75MM deal for ages 35-37.
One complicating factor: Castillo’s deal includes a full no-trade clause through the end of next season. The trade protection goes away at the end of the year (though he would receive a $1MM assignment bonus if he’s traded after 2025). Kramer writes that the Mariners have informed the righty that they’re fielding more interest. The report doesn’t shed any light to which teams, if any, Castillo would approve a trade.
If he’s amenable to moving, the Mariners should be able to offload most or all of the contract while netting a legitimate return. A potential cornerstone bat like Casas is a stretch, but it’s reasonable to expect some kind of immediate lineup help. It’d also open budgetary space for the front office to add to the offense in free agency. Ryan Divish and Adam Jude of the Seattle Times have reported that the M’s are working with around $15-20MM in payroll room; Kramer suggests the same in today’s report at MLB.com. Pushing that closer to $40MM would open a lot more opportunities for Dipoto and his staff to strengthen the corner infield.
It would be a notable hit to their rotation. Much is made of Seattle’s young starting pitching, deservedly so. The talent at the top does obscure a general lack of depth beyond their excellent front five, however. Emerson Hancock hasn’t shown much at the MLB level despite his billing as a former sixth overall pick. He has a 4.71 ERA with a 14.3% strikeout rate in 15 big league starts.
Hancock and soft-tossing lefty Jhonathan Diaz are the top depth options on the 40-man roster. The Mariners didn’t need to rely on either pitcher much in 2024. Their front five combined for all but 13 starts all season. Even if they bring back their entire rotation, it’s unlikely they’ll be quite so fortunate from an injury perspective. Trading Castillo would almost certainly necessitate a rotation acquisition, either in that trade or via subsequent free agent pickup. One need only look at how quickly the Marlins’ starting pitching has been depleted over the past two seasons as an example of the risk for teams in believing they have a rotation surplus. That’s no doubt a factor in Seattle’s general unwillingness to listen on their younger arms.
Mariners Seeking Right-Handed, Veteran First Baseman
It’s been a quiet offseason so far for the Mariners, who have yet to sign a free agent to a major league deal. They have been linked to trade candidates like Cody Bellinger, Alec Bohm, and Nico Hoerner, and are reportedly listening to offers for Luis Castillo, but president of baseball operations Jerry Dipoto came away from the Winter Meetings without pulling off any swaps either.
Still, the Mariners remain on the lookout for ways to improve an offense that finished 21st in runs scored in 2024. Reports surfaced at the beginning of the offseason that the club was looking for infield bats. Earlier this week, Dipoto confirmed that first, second, and third base are all areas of need (per Ryan Divish of The Seattle Times). As things stand, shortstop J.P. Crawford seems to be Seattle’s only infielder with a guaranteed everyday starting role.
According to Divish, the Mariners were aiming to check first base off their to-do list before the end of the Winter Meetings. They had previously expressed interest in both Carlos Santana and Justin Turner, and they were apparently willing to offer either veteran a one-year deal this week. Needless to say, neither fish was biting, but that doesn’t mean Dipoto has given up. On that note, Divish offered further insight into Seattle’s pursuit of Santana and Turner, reporting that the team is looking for an experienced hitter who can bat from the right side to split playing time with the lefty-batting Luke Raley. Raley hits well against righties but struggled badly in limited playing time against same-handed pitching in 2024. Turner has had neutral platoon splits throughout his career, and the switch-hitting Santana has done his best work against southpaws. Either could make a productive platoon partner for Raley.
With that said, one has to wonder if the newly minted Gold Glove winner Santana would be willing to accept anything less than a full-time job at first base. He’s coming off his best season in five years and might not be interested in a role that would involve splitting playing time. Turner, on the other hand, thrived in a first base/DH role for Seattle down the stretch in 2024. He has also made it clear that he’d be happy to return to the M’s. At the end of the regular season, he told Daniel Kramer of MLB.com in no uncertain terms, “I would love to be back and be a Mariner.”
Then again, if Santana can be persuaded to sign in Seattle, he might be the more impactful player. Thanks to his strong defense, he has outproduced Turner over the past two years according to every version of Wins Above Replacement. He’s also a year and a half younger than Turner, who turned 40 in November. To that point, Divish suggested the Mariners might be leaning toward Santana in a recent appearance on the “Daily Puck Drop” podcast, saying he believes Santana is their “priority” right now at first base.
Speaking of righty-batting, veteran first basemen, the Mariners have also expressed interest in Christian Walker. Kramer reports the team has had “conversations” about signing Walker, though he notes the three-time Gold Glove winner is probably out of their price range. Indeed, Divish suggests the Mariners have approximately $15MM to $17MM left to spend this winter, barring any trades to cut payroll. Given the fact that Walker turned down the one-year, $21.05 million qualifying offer, he is surely looking for a contract worth more than $17MM per year. MLBTR predicted a three-year, $60MM deal for Walker on our Top 50 Free Agents list. While he could be a far more valuable addition than either Santana or Turner, that value will be reflected in his asking price.
It’s also worth pointing out that a player like Walker certainly isn’t going to split playing time with Raley. He is going to be the everyday first baseman wherever he signs. Thus, if the Mariners were to sign Walker, it would push Raley into the designated hitter role. That could be another reason the fit doesn’t make sense. Alternatively, perhaps Dipoto could package the talented and cost-controlled Raley with one of his higher-priced veterans (such as Mitch Haniger or Mitch Garver) as a way to get another team to take on one of his desirable contracts. If he could pull off such a move, perhaps he could free up enough payroll to sign Walker without going over budget.
Red Sox Remain In Rotation Market Following Crochet Deal
The Red Sox landed the offseason’s top rotation trade candidate this afternoon. Even after acquiring Garrett Crochet from the White Sox for a four-prospect package, Boston is on the hunt for starting pitching.
Chief baseball officer Craig Breslow told reporters that the Sox remained in the rotation market after the Crochet acquisition (Bluesky link via Pete Abraham of the Boston Globe). The Globe’s Alex Speier reports (on X) that Boston is still engaged on Corbin Burnes as well as mid-tier rotation targets.
That could evidently take the form of either a free agent move or a trade. Jon Morosi of the MLB Network tweets that the Sox are still having discussions with the Mariners regarding their starting pitching. Adam Jude and Ryan Divish of the Seattle Times reported on Monday that Seattle rebuffed interest in a framework that would’ve sent one of their young starters to the Sox for first baseman Triston Casas. President of baseball operations Jerry Dipoto has spoken repeatedly of the organization’s reluctance to even consider moving George Kirby, Logan Gilbert, Bryan Woo or Bryce Miller.
Luis Castillo could be a different story. The Mariners are reportedly open to discussing Castillo, whom they owe $68.25MM over the next three seasons. The deal also has a vesting option for 2028. According to Mark Feinsand and Daniel Kramer of MLB.com, there’s a belief within the industry that the righty is available (X link). There should be trade value, as Castillo’s deal aligns with what Luis Severino and Nathan Eovaldi have landed on three-year free agent deals. Yet Castillo isn’t as appealing as the M’s young core of much more affordable starters. That price tag surely plays into the M’s willingness to listen to offers, as they’re reportedly working with around $15-20MM in payroll room and could use multiple hitters.
It’s unlikely that the Mariners would trade Castillo strictly for prospects. They’d presumably need an MLB hitter to anchor the return. Casas might be too big an ask if they’re not sending one of their younger arms to Boston. Outfielder Wilyer Abreu is another potential Red Sox trade candidate, though the M’s have less need for an outfielder than they do for an impact bat in the corner infield like Casas.
Whether anything will come of the Sox’s pursuits remains to be seen. At the very least, it’s clear Breslow and his front office aren’t fully satisfied with a rotation comprising Crochet, Tanner Houck, Brayan Bello, Kutter Crawford and Lucas Giolito. They gave up a good package of young talent to get Crochet, but he’s eminently affordable from a financial perspective. Boston should have the flexibility to continue identifying free agent targets or take on a notable salary in trade.
Nationals Win Draft Lottery
Major League Baseball conducted its third annual draft lottery this afternoon at the Winter Meetings. The Nationals won the lottery and will pick first overall. They’ll be followed by the Angels and Mariners. Washington had just above a 10% chance of securing the top pick, the fourth-highest odds.
Here’s the first round order:
- Nationals
- Angels
- Mariners
- Rockies
- Cardinals
- Pirates
- Marlins
- Blue Jays
- Reds
- White Sox
- Athletics
- Rangers
- Giants
- Rays
- Red Sox
- Twins
- Cubs
- Diamondbacks
- Astros
- Braves
- Orioles
- Brewers
- Royals
- Tigers
- Padres
- Phillies
- Mets
- Guardians
- Yankees
- Dodgers
As part of the Players Association’s efforts to reduce the incentive for non-competitive teams to lose games, the latest collective bargaining agreement introduced a lottery to determine the top six overall selections. A team’s odds of landing a higher pick are still weighted in favor of the clubs with the worst records, although the Rockies and Marlins had identical chances (22.5% apiece) of landing the top selection.
All non-playoff teams ostensibly have a chance to win the lottery. However, the CBA also prevents a team that is not a revenue sharing recipient from landing within the top six in consecutive seasons. No team can get a lottery pick more than two years in a row. That ruled out the White Sox and Athletics this year. Chicago is not a revenue sharing recipient and picked fifth last year, while the A’s were in the top six in both 2023 and ’24.
The Sox were not allowed to pick higher than 10th, while the A’s were capped at 11th. That’s despite the White Sox having the worst season of all time that would’ve placed them among the three likeliest teams to pick first. That increased the odds for every team but was especially beneficial to Colorado and Miami (from a probability perspective) by pushing their chances of the #1 pick north of 20%. Unfortunately for those teams, the balls didn’t bounce their way. The Angels and Nationals were the other teams with at least a 10% shot.
Seattle and St. Louis come away as big winners. The Mariners went 85-77 and had the second-best record of any non-playoff team. St. Louis had the fourth-best mark for clubs that didn’t get to the postseason. They nevertheless were fortunate to spring into the top five. It’s a particularly disappointing outcome for Miami, who didn’t land a lottery pick at all despite sharing the best shot at the first selection. The only silver lining is that they’ll remain eligible for lottery picks for at least 2026 and ’27 if they don’t make the playoffs.
Teams that exceeded the third tier of luxury penalization have their top picks dropped by 10 spots unless that selection lands within the top six. (In that instance, the club’s second-highest pick would move back.) MLB has yet to officially announce the 2024 tax data, but it is believed that the Mets, Dodgers and Yankees are the only clubs that surpassed the $277MM threshold for the pick to be dropped. All those teams made the playoffs and weren’t eligible for the lottery anyhow.
The lottery only comes into play for the first round of the draft. From the second round onwards, pick order is determined in inverse order of the prior season’s standings, aside from compensatory and competitive balance selections.
Baseball America published its most recent Top 100 draft prospects in September. As always, that’s worth a full read. Texas A&M outfielder Jace LaViolette topped BA’s list, though there’ll obviously be plenty of changes to the board as next spring’s amateur baseball season gets underway.
Mariners Turned Down Triston Casas Trade Offer From Red Sox
The Mariners’ pitching depth over the last few seasons has drawn many teams into trade talks and it was almost exactly a year ago that reports surfaced about Boston’s interest in the Seattle rotation. Nothing materialized between the two teams then, but Ryan Divish and Adam Jude of the Seattle Times report that earlier this offseason, the Red Sox offered first baseman Triston Casas for either Bryce Miller or Bryan Woo. However, these “exploratory talks” then “didn’t progress any further,” as the M’s don’t have interest in trading from their rotation unless it is something of a last resort.
Given the contrasting strengths and weaknesses of the Mariners and Red Sox, a pitching-for-hitting swap would seem like an ideal answer to both team’s needs. While Miller or Woo might not be precisely the kind of ace the Sox are looking for to reinforce their rotation, obviously both are talented young arms with upside and team control — neither Miller or Woo is eligible for arbitration yet, and both are controlled through the 2029 season. Likewise, Casas is controlled through 2028 and has already shown glimpses of his potential at the MLB level.
Seattle president of baseball operations Jerry Dipoto has consistently turned down past offers for Miller, Woo, George Kirby, Logan Gilbert, and Luis Castillo. Recent reports suggest that the M’s are at least open to hearing what teams have to say about Castillo (the oldest and highest-paid member of the rotation), but Divish and Jude write that “the Mariners….are not actively shopping Castillo.”
Nothing is stopping Dipoto from hearing what teams might have to say, just in case someone steps forth with an offer too good to refuse. However, Dipoto told Divish and other reporters today that “our initial reluctance to any type of deeper discussions on trading starting pitching has probably resulted in a lot fewer phone calls than we’ve usually fielded to this point in the offseason.”
The result is perhaps something of a stalemate, as the Mariners are waiting for rival teams to lower their asking prices and other clubs are waiting for the M’s to become more open to the idea of trading from the rotation depth. Things could evolve once some free agent pitchers come off the board, or perhaps if the Mariners themselves added a pitcher in the form of Roki Sasaki. While virtually every team in baseball will be making an appeal to the Japanese ace now that his posting window is officially open, Seattle’s track record with both pitching development and star Japanese players would seemingly put the M’s move above most teams in the bidding process.
In the interim, it seems as though the Mariners will continue to focus on trying to trade from its minor league depth, except as Dipoto notes, “it’s the time where prospects aren’t a driver, where just about everybody is focused on major league players. And I don’t know why that seems different to me now than it usually does, and maybe that too changes in a week or two with the free agent market really opening up.”
Since shortstop J.P. Crawford is the only established member of the Mariners’ infield, landing a promising first base talent like Casas would go a long way towards shoring up the infield and the shaky lineup as a whole. That said, the Mariners have at least a part-time first base option already in Luke Raley, who looks to be getting a good chunk of playing time against right-handed pitching.
Since the M’s have been linked to such second or third base trade candidates as Nico Hoerner or Alec Bohm, it could be that Seattle might be trying to address one of those positions first before turning to the comparatively easier-to-fill position of first base. An industry source told Divish and Jude that the Mariners could look into trying to add a third team into talks with the Cubs about Hoerner, perhaps to help cover some of the money owed in the remaining two years of Hoerner’s contract.
From Boston’s perspective, trading Casas wouldn’t necessarily create a vacancy at first base. Rafael Devers is a subpar defender at third base, and reportedly the Sox have at least considered moving him to first base in order to open up the hot corner either for one of Boston’s up-and-coming infield prospects, or perhaps for a big free agent like Alex Bregman. This remains a speculative topic for now, as manager Alex Cora told reporters (including Pete Abraham of the Boston Globe) today that he hasn’t spoken with Devers about a position change, and Cora in fact praised Devers’ third base work in 2024 as “outstanding.”
Then again, there is no shortage of gamesmanship going on during the offseason, as it was just last month that Red Sox chief baseball officer Craig Breslow downplayed the idea of trading Casas. Reports then surfaced this past weekend that the Sox were considering the possibility of dealing Casas for pitching, and this apparent offer for Miller or Woo only reinforces the idea that Casas is far from an untouchable part of the Red Sox roster. Of course, this also isn’t to say that Casas is going to be moved for anything less than a premium return.
Mariners Reportedly Willing To Listen To Offers On Luis Castillo
The Mariners have “expressed willingness” to listen to offers on veteran right-hander Luis Castillo, according to a report from Alex Speier of the Boston Globe. The report comes on the heels of Mariners president of baseball operations Jerry Dipoto referring to dealing from the rotation as the club’s “Plan Z” for the offseason back in October. Indeed, it seems as though the club still isn’t necessarily enthused about the idea of parting with one of its starters, as Adam Jude of The Seattle Times reported this evening that while “anything is possible,” the club’s “public and private” stance entering the Winter Meetings is that they don’t want to trade from their rotation.
Even so, that the club is at least somewhat open to offers on Castillo is fairly notable. The right-hander, 32 next week, has three more guaranteed years on the extension he signed with the Mariners prior to the 2023 season. He’ll earn a $24.15MM salary each year from 2025 to 2027, and the contract also includes a possible option for the 2028 season. If Castillo misses more than 130 days due to a UCL procedure in 2025-2027, the contract includes a $5MM team option for the 2028 campaign. Otherwise, the contract includes a $25MM vesting option for 2028 that vests if Castillo throws at 180 innings during the 2027 season and receives confirmation from an independent physician after the season that he hasn’t suffered an injury that’d require him to begin the following year on the injured list.
In short, that somewhat complex deal guarantees Castillo $72.45MM over the next three seasons which could rise to $97.45MM over four years if his option vests. Notably, Castillo’s contract also included a full no-trade clause for the first three years of the deal that will remain in place through the end of the 2025 season, meaning the righty would have to approve of any trade he’s involved in. It’s unclear whether Castillo would be willing to entertain a trade out of Seattle or what his preferences might be, and it’s possible that the right-hander’s no-trade clause could render any trade talks moot if he’s unwilling to leave the Mariners.
Should Castillo and the Mariners both be open to a trade, however, it’s easy to see why he might be of interest to rival clubs. The righty’s $72.45MM guarantee over the next three years isn’t much more than what left-hander Yusei Kikuchi received from the Angels this winter, and Castillo compares quite well to the veteran lefty. Not only is he a year and a half younger than Kikuchi, but the right-hander has also roundly outperformed him on the field. Kikuchi’s pitched to a 3.96 ERA with a 3.78 FIP in 64 starts for the Astros and Blue Jays over the past two years, while Castillo has posted an excellent 3.43 ERA and 3.72 FIP in 74 starts since he first donned a Mariners uniform following the 2022 trade deadline. Given the ever-escalating prices on the starting pitching market and the hesitance many teams have shown engaging on pitchers encumbered by the Qualifying Offer, Castillo could be an attractive alternative to mid-market players like Sean Manaea and Nick Pivetta who remain available in free agency.
That’s not to say there are no causes for concern in Castillo’s profile, of course. Castillo has lost nearly two ticks of velocity off his fastball since his peak with the Reds, and since arriving in Seattle his once-superb groundball rate has fallen off to a more pedestrian 39.1% over the past two years. His strikeout rate dipped similarly this year, settling in at just 24.3% in 2024. That left him as a more-or-less league average starter by both results and peripherals this year, as he pitched to a 3.64 ERA with a 3.91 FIP and a 3.79 SIERA in 175 1/3 innings of work. That said, Castillo helps to make up for his diminishing results with volume. He’s been something of a workhorse throughout his career, pitching at least 150 innings in every wire-to-wire, 162-game season of his career while averaging nearly 178 innings per season since the start of the 2021 campaign.
Overall, Castillo is a solid, durable arm who can slot cleanly into the front or middle of virtually any club’s rotation. That should make him an attractive piece in a hot market for starting pitching, and if Castillo is open to a trade it wouldn’t be a shock to see the Mariners leverage their excellent rotation to help address other areas of the roster, even as they express reluctance to do so. After all, it’s worth noting that the club may face a budget crunch this winter that makes dealing Castillo and the $24.15MM he’s owed more palatable. While the Mariners are expected to enter 2025 with a payroll higher than their 2024 figure, that’s a point they’ve already reached: RosterResource projects Seattle for a $146MM payroll in 2025, and their year-end payroll this year was $144MM. Even with a small increase to payroll expected, that seemingly leaves very little room for the club to add salary.
That could pose a problem for the Mariners, given their reported interest in adding two infielders this winter. The club has a reported preference to add at the infield corners but has also been connected to middle infielders in the rumor mill, such as Cubs second baseman Nico Hoerner and KBO infielder Hyeseong Kim. Cubs first baseman Cody Bellinger and Phillies third baseman Alec Bohm are among the other players the Mariners have reportedly considered on the trade market, and the club also reportedly has interest in reuniting with either Justin Turner or Carlos Santana in free agency.
Of course, adding any of those players would cost money, and without a more substantial increase to the budget than expected it could be a tall order to add two of them. The Mariners would surely love to move on from the final year of either Mitch Haniger‘s or Mitch Garver‘s contract, but both sluggers have negative trade value coming off rough seasons. A Castillo trade, by contrast, likely could bring back a notable return while also clearing plenty of money off the club’s books to afford additional financial flexibility this winter to either dabble in free agency or take on salary on the trade market.
Mariners Notes: Bellinger, Hoerner, Payroll
The Mariners have been connected to a couple of Cubs recently, with recent rumors that they had discussed both infielder Nico Hoerner and first baseman/outfielder Cody Bellinger. Adam Jude of The Seattle Times took a look at those talks and some other Mariner topics ahead of next week’s Winter Meetings.
Both players are sensible targets for the Mariners, who have infield vacancies and have been trying to cure their strikeout woes for a while. The club’s hitters were punched out at a 25.9% clip in 2023, with only the Twins having a higher rate that season. The M’s moved on from players like Teoscar Hernández, Eugenio Suárez and Jarred Kelenic in an attempt to improve this but the plan backfired. New additions like Mitch Garver, Mitch Haniger and Jorge Polanco all struggled with strikeouts themselves, so the M’s actually saw the team-wide rate jump to 26.8% in 2024, tied with the Rockies for the highest in the majors.
Hoerner has only been punched out in 12% of his plate appearances thus far. Bellinger has a higher career strikeout rate of 21.1% but he’s finished each of the past two seasons at 15.6%. Beyond the contact stuff, both players could also fit Seattle’s need for infielders. They turned down a club option on Polanco and non-tendered Josh Rojas. They traded Ty France last year and Justin Turner became a free agent at season’s end.
They are reportedly looking to add at both corners, supplementing shortstop J.P. Crawford. At second base, they are reportedly content enough with using Dylan Moore and Ryan Bliss until prospect Cole Young forces his way into the picture.
Luke Raley could be part of the first base solution, though he struggles against lefties and would need to be platooned. He could also be moved to outfield if the M’s add an everyday first baseman. They have interest in re-signing Turner or reuniting with old friend Carlos Santana, but it makes sense that they would consider Bellinger with the Cubs reportedly determined to move either him or Seiya Suzuki and free up their position player mix.
However, pre Jude’s report, the financial components of a Bellinger trade are a factor. The Mariners are reportedly planning to increase payroll next year, but not by much. Jude pegs their spending range at $150-155MM and says they have about $15MM of room at the moment. Cot’s Baseball Contracts pegged the club’s Opening Day payroll at $140MM last year, so that range tracks as a modest bump. RosterResource currently projects the club for a $146MM payroll next year, which seems to be just a tad higher than what Jude is suggesting.
Bellinger’s current contract wouldn’t fit into those parameters. He’s slated to make $27.5MM this year and then will have to decide between a $5MM buyout or a $25MM salary for 2026. As such, Jude suggests that the Mariners would have to include Haniger or Garver in the deal to balance out the money a bit. The Cubs wouldn’t have much interest in Haniger, since they already have an outfield surplus. On top of that, he’s coming off a poor season and is going to make $15.5MM next year.
Garver is a better fit for the Cubs since his primary defensive position is catcher, a spot they are looking to upgrade. However, he’s been injured quite often and become more of a designated hitter over time. He’s also coming off a rough campaign and will make $11.5MM next year, plus a $1MM buyout on a 2026 mutual option.
Perhaps the contract situation will stand in the way of a deal coming together. There’s also Bellinger’s inconsistency and opt-out situation to consider. After some rough seasons where Bellinger was seemingly held back by injuries, he had a nice bounceback in 2023. He hit 26 home runs, slashed .307/.356/.525 and stole 20 bases, leading FanGraphs to credit him with 4.4 wins above replacement. But he couldn’t repeat that in 2024, producing a .266/.325/.426 line while stealing just nine bases and spending less time in center field due to the emergence of Pete Crow-Armstrong. His fWAR tally was just 2.2 this year, half of the prior year despite playing in the same number of games.
Bellinger declined to trigger an opt-out in his contract at the end of that middling season but has another opt-out next year. That makes him a tricky gamble for any acquiring club. The best case scenario is that you get him back in good form and he leaves after year one, but even that scenario costs $32.5MM. The downside is that he doesn’t get back to that level and sticks around as an overpaid part of the 2026 roster.
As for Hoerner, it was recently reported that the Mariners had discussed him with the Cubs, but it wasn’t clear how interested they were. Today, Jude says the M’s “covet” Hoerner, so it seems the interest is real from Seattle’s end.
He would be an interesting fit as he is mostly a glove-first player. He has hit .278/.338/.381 in his career for a 102 wRC+. But thanks to his excellent defense and baserunning, he was been worth roughly 4-5 fWAR in each of the past three seasons.
He came up as a shortstop but has been mostly playing second base in deference to Dansby Swanson. He’s generally perceived as capable of returning to shortstop on another club, but the Mariners already have Crawford. Unless the M’s have designs on moving Crawford, then it seems they view Hoerner as a good option to help with their uncertainty at third or perhaps second base.
In terms of salary, Hoerner is going to make $11.5MM next year and $12MM in 2026. That makes him a far better financial fit than Bellinger. Per Jude, the Cubs are looking for MLB-ready help whereas the Mariners would rather surrender prospects. There has been a lot of trade speculation around the Seattle rotation since it’s so strong but the depth is actually not great and president of baseball operations Jerry Dipoto has said that surrendering a big league starter is “Plan Z”.
Yankees, Astros, Mariners Have Spoken To Cubs About Cody Bellinger
Cody Bellinger has stood as one of the most recognizable but difficult-to-move names on the offseason trade market. Among the teams to reach out recently are the Yankees, Astros and Mariners, reports Bruce Levine of 670 The Score. However, Levine adds that the Cubs aren’t looking to merely shed Bellinger’s salary, nor do they want to cover much (if any) money in a deal. That’s likely to be an issue. ESPN’s Buster Olney wrote this morning that other teams feel the Cubs will need to pay down a notable portion of Bellinger’s salary (or, presumably, take back another contract) if they intend to get much in the way of a return.
The Cubs have been looking to upgrade various spots on the roster but have a tough road to do so, in part due to no-trade clauses for Dansby Swanson, Ian Happ and Seiya Suzuki. Other positions, like first base (Michael Busch) and center field (Pete Crow-Armstrong) are already manned by promising young players. Third baseman Isaac Paredes was only just acquired at the deadline. Second baseman Nico Hoerner makes some sense as an option to free up some cash and a spot in the lineup for a more impactful bat, but he’s coming off flexor surgery.
That’s led the Cubs to at least gauge interest in Bellinger, who passed on the opportunity to opt out of the remaining two years and $52.5MM on his contract at the beginning of the offseason. Bellinger had a fine year overall, hitting .266/.325/.426 with 18 homers and a tiny 15.6% strikeout rate (his second straight season with that exact strikeout rate). But while those numbers were solid, they pale in comparison to his 2023 showing. He also posted lesser defensive grades both in the outfield and at first bae in 2024.
[Related: Looking for a Match in a Cody Bellinger Trade]
The Yankees have been laying some groundwork in the event that Juan Soto ultimately signs elsewhere, showing recent interest in top-tier free agents like Corbin Burnes, Max Fried and Willy Adames. That said, there’d pretty clearly be room for both Bellinger and Soto on the same roster. Bellinger could slot in at first base in the Bronx, offering another left-handed bat with good contact skills — a contrast to some of the strikeout-prone righties elsewhere in the lineup. He’d also be good insurance in the outfield, given the injury histories of both Aaron Judge and top prospect Jasson Dominguez. Bellinger could also serve as a safety net in the event that Dominguez looks overmatched early on.
In Houston, the Astros have a clear need at first base after their three-year, $58.5MM deal with Jose Abreu went sideways almost immediately. After a poor first year in 2023, Abreu started the 2024 season so poorly that he consented to being optioned to the minors. That Triple-A stint didn’t help, and Abreu was released less than halfway through that three-year deal. The ‘Stros subsequently gave most of the playing time at first base to Jon Singleton, who provided light offense and subpar defense the rest of the way.
For the Mariners, first base has emerged as a clear need. They have at least one intriguing in-house option in prospect Tyler Locklear, but the M’s have been linked heavily to veterans Carlos Santana and Justin Turner as they search for a veteran bat at first base (and likely another at the hot corner). Bellinger’s contact skills would help Seattle cut down on the team’s longstanding strikeout issues as well.
The bigger issue with regard to Bellinger isn’t so much his overall ability, but rather the magnitude of his contract. He’s owed $52.5MM over the next two season — a guarantee that’s paid out in heavily frontloaded fashion. He’s taking home a $27.5MM salary in 2025 and is owed a $5MM buyout on a $25MM player option for the 2026 season if he opts out of the contract’s final season next winter. For an acquiring team, Bellinger would add $26.25MM to the luxury tax ledger and would cost at least $32.5MM in terms of actual, present-day salary.
For the 2023 version of Bellinger — .307/.356/.525 (136 wRC+), 26 home runs — teams would happily pay that price. Of course, if Bellinger had produced at that same level in 2024, he’d surely have taken the first opt-out opportunity in his contract at the beginning of this offseason. That he chose to forgo his opt-out clause is indicative of the fact that he and agent Scott Boras don’t believe there’s a sizable nine-figure contract waiting for him.
With regard to the Yankees, that luxury number could be problematic. Whether they sign Soto or pursue multiple free agents from the Fried/Burnes/Adames bucket after missing out on him, they’ll surely be a luxury tax payor in at least the third tier of penalty — if not the fourth. Since they’re looking at paying the tax in three straight seasons, that means they’ll either be staring down a 95% tax or 110% tax rate. Bellinger would cost them somewhere between $52-56MM in combined salary and taxes — plus that potential $5MM buyout on the 2026 option. Even for a deep-pocketed club like the Yankees, that’s a staggering price to pay, particularly coming off a good-not-great season for Bellinger.
The Astros, too, have some luxury concerns. RosterResource estimates that they’re just about $7MM shy of the first-tier threshold. They’ve looked into trading Ryan Pressly, but even if Houston were able to unload his full $14MM salary, Bellinger would still thrust them back into luxury territory. The 2024 season was the first in which owner Jim Crane authorized paying the tax. Adding Bellinger would very likely require doing so a second time. Speculatively speaking, a swap of Pressly and Bellinger could make sense for both parties involved, though Pressly can veto any potential deal as a player with 10-and-5 rights.
Luxury considerations don’t apply to the Mariners, but the actual bottom-line cash owed to Bellinger will be an obstacle. Seattle is looking to add two infielders — one at each corner — and ownership doesn’t seem to have an appetite for raising payroll too far beyond last year’s roughly $145MM level. The Mariners already project for a number in a similar range. If they could find a taker for one Mitch Haniger or Mitch Garver, perhaps Bellinger would become more realistic. For now, it seems likely that ever-active president of baseball operations Jerry Dipoto is simply doing due diligence, perhaps hoping the Cubs will pay down some of the contract (if not take someone like Garver back as part of the return).
Mariners Have Had Trade Talks Involving Alec Bohm, Nico Hoerner
The Mariners are known to be looking for infield upgrades this offseason and have been exploring the trade market as part of that pursuit. Adam Jude of the Seattle Times reports that the club has had some trade discussions with the Phillies about Alec Bohm and with the Cubs about Nico Hoerner.
The Seattle infield is likely to be significantly different in 2025 than it was in 2024. Ty France was traded to the Reds last year. Justin Turner became a free agent at season’s end. The Mariners also turned down a club option on Jorge Polanco and non-tendered Josh Rojas. That leaves them J.P. Crawford at short at question marks elsewhere. Recent reporting has suggested they may be comfortable with Dylan Moore and Ryan Bliss covering second base until prospect Cole Young is ready, but even in that case, the corners would need to be addressed. Luke Raley is an option at first base but he could also be in the corner outfield mix and would likely need to be platooned anyway, since the lefty swinger is far better against righties.
Despite the need, the M’s were never likely to be huge players in free agency. As shown in MLBTR’s Contract Tracker, Seattle has never given a free agent position player more than the $24MM they gave to Mitch Garver in the era with Jerry Dipoto leading the front office. Furthermore, while the club is planning for a payroll bump relative to last year, it’s expected to be fairly modest. RosterResource projects the club to already have a fairly similar spending outlay next year as they did in 2024, so it doesn’t appear a major splash on someone like Alex Bregman or Willy Adames is likely.
All those factors, as well as Dipoto’s “Trader Jerry” reputation for being aggressive on the trade market, have pointed that to being the likely path forward. As such, the talks about Bohm and Hoerner are fairly logical developments, though a trade actually coming together may not be likely with either.
The Phillies are looking to shake up their roster and Bohm is one of the logical trade candidates they have. Many of their position players are veterans who are fairly cemented in place, either due to their key contributions, their contracts or both. Bohm, on the other hand, is a solid but not elite player who is controlled via the arbitration system through 2026.
Bohm is coming off a 2024 season in which he hit .280/.332/.448 for a wRC+ of 115, his best offensive performance in a full season thus far in his career. However, he did so in lopsided fashion, hitting .295/.348/.482 in the first half for a 128 wRC+ and .251/.299/.382 in the second half for a 90 wRC+. He’s also been a bit better against lefties in his career, which continued in 2024. He hit .287/.335/.473 with the platoon advantage for a 123 wRC+ while slashing .276/.330/.437 against righties for a 111 wRC+.
Defensively, Bohm has been a bit of a mixed bag. Metrics like Defensive Runs Saved and Outs Above Average have both considered him to be subpar at third base in his career but closer to league average this year. He can also play some first base as well, meaning he provides a bit of versatility.
Bohm is undoubtedly a useful player and would surely appeal to the Mariners, given their desire to reduce their strikeout problems. His 17.9% career strikeout rate is a few ticks below average and he’s been ever lower than that in the past three seasons, getting to 14.2% in 2024.
Still, despite Bohm’s utility, it seems the Phils are setting a high asking price for his services. Per Jude’s report, the Phillies asked for either Logan Gilbert or George Kirby in return, which is surely why a deal hasn’t happened yet. Back in September, Dipoto said that dealing from the rotation was “Plan Z” for this winter. And even if Seattle was trying to move a starter, Bohm for Gilbert or Kirby wouldn’t be a good alignment in terms of trade value.
Bohm has two remaining years of arbitration control left and is projected by MLBTR contributor Matt Swartz for a salary of $8.1MM. Gilbert is projected for the same salary in 2025 but can be controlled for three more seasons compared to Bohm’s two. Gilbert has also been the far more valuable player in his career, having tossed 704 1/3 innings with a 3.60 earned run average. FanGraphs considers him to have been worth 12.4 wins above replacement over his four big league seasons while putting Bohm at 7.7 fWAR in his five campaigns. Kirby has four seasons of club control remaining and is projected for a modest $5.5MM salary next year. He’s also racked up 11.4 fWAR already in just three seasons by tossing over 500 innings with a 3.43 ERA.
Perhaps Phillies president of baseball operations Dave Dombrowski was just staking out an extreme position for the start of discussions and will bridge the gap later in the offseason, but if that’s any indication of how the Phillies genuinely view Bohm’s value, it may be tough to line up on a deal. MLBTR’s Steve Adams took a look at some of the other potential landing spots for Bohm yesterday.
For the Cubs, Hoerner also makes sense as a trade candidate for a few reasons. That club has a crowded position player mix but there are difficulties in trading many of them. Dansby Swanson, Seiya Suzuki and Ian Happ have full no-trade clauses. Cody Bellinger‘s opt-out makes it difficult to line up with another club, given the potential downside for the acquiring team. Michael Busch and Pete Crow-Armstrong just took steps forward in 2024 and are still affordable and controllable. Isaac Paredes was just acquired from the Rays a few months ago and his trade value likely dropped a bit since he struggled after that swap.
Hoerner, on the other hand, might be more useful to another club. He came up as a shortstop but has been moved to second base in deference to Swanson. The defensive metrics have liked his work at the keystone but some other team might consider him a viable shortstop if given the chance. Offensively, he’s been just a bit above average in his career, hitting .278/.338/.381 for a 102 wRC+. He’s also stolen at least 20 bases in each of the past three years. He will make $11.5MM in 2025 and $12MM in 2026 as part of the extension he signed last year.
Going into the winter, there was an argument for the Cubs to trade Hoerner for pitching, thus opening up second base for a prospect such as Matt Shaw or James Triantos. However, Hoerner underwent flexor tendon surgery in October, which complicates the possibility of a trade coming together somewhat. His recovery timeline is still uncertain, which will make it hard for the Cubs and another club to line up on a valuation.
His primary position being second base is also imperfect, given that the M’s appear to prefer to add at the corners. Hoerner does have some third base experience but just 41 1/3 innings in the majors. He does have a contact-based approach, with a career strikeout rate of just 12%, which would line up well with Seattle’s plans to improve in that department.
Per Jude, the Cubs are seeking “proven major league talent”, but the Mariners seem to be more interested in dealing from their farm system. Jude notes that the club has eight prospect on Baseball America’s Top 100 list (Colt Emerson, Lazaro Montes, Young, Jonny Farmelo, Harry Ford, Logan Evans, Michael Arroyo, Felnin Celesten) and could use that stockpile of talent to upgrade the major league roster. Given the club’s aforementioned budgetary constraints, penchant for swinging deals and stated desire to keep their big league rotation intact, trading from that group seems more likely than giving up someone like Gilbert or Kirby.
Though they won’t be huge players in free agency, Jude adds that the club remains in contact with Turner and old friend Carlos Santana, which is a connection that has been made in previous reports. Turner is now 40 and Santana will be 39 in April, so both will be limited to one-year deals with fairly modest salaries.