Pitcher Rumors: Cole, LA, Porcello, Roark, Reds, Brewers, Jays, Fish
The latest on several pitchers…
- The Yankees won the bidding for right-handed ace Gerrit Cole on Tuesday, when the two sides agreed to a history-making deal worth $324MM over nine years. But the runners-up, the Angels and Dodgers, made mighty competitive offers in their own right. Both clubs were willing to go to eight years, with the Dodgers’ bid at exactly $300MM and the Angels’ just below that line, Jorge Castillo of the Los Angeles Times reports. Both teams’ offers included deferrals, whereas the Yankees’ didn’t.
- Free-agent righty-hander Rick Porcello has a three-year offer in hand, but he’s more inclined to accept a one-year contract, Jon Heyman of MLB Network relays. By taking a short-term pact, Porcello would be betting on himself and pinning his hopes on bouncing back next year after a tough 2019. In possibly his last season as a member of the Red Sox, the former AL Cy Young winner struggled to a below-average 5.52 ERA/4.76 FIP, though the durable 30-year-old did pile up at least 170 innings (174 1/3) for the 10th time in his career.
- Righty Tanner Roark came off the market Wednesday when he reached a two-year, $24MM agreement with Toronto, but a couple NL Central teams were also in the race for him. The Reds, with whom Roark spent the first half of 2019, and the Brewers pursued him, per reports from Jon Heyman of MLB Network and Tom Haudricourt of the Milwaukee Journal Sentinel. So far this offseason, Cincinnati hasn’t yet added to an already formidable rotation fronted by Luis Castillo, Sonny Gray, Trevor Bauer and Anthony DeSclafani. On the other hand, the Brewers made a low-risk, possibly high-reward signing Wednesday in grabbing former KBO star Josh Lindblom.
- Speaking of Lindblom, the Blue Jays put a “significant” offer on the table for him before he headed to Milwaukee, per Ben Nicholson-Smith of Sportsnet. The details of that proposal aren’t known. Lindblom would up agreeing to a three-year deal worth $9.125MM.
- The Marlins are drawing some interest in righty Jose Urena, Craig Mish of MLB Network reports on Twitter. The Blue Jays are said to be one of the clubs to have called on the hard-throwing 28-year-old, who’s under arbitration control for two more seasons. Fellow Marlins starters Sandy Alcantara, Caleb Smith and Pablo Lopez have also gotten clubs’ attention, as upward of half the league’s teams have inquired about them, Joe Frisaro of MLB.com tweets. However, Frisaro writes that it’s “extremely unlikely” the Marlins will trade anyone from that trio.
Dodgers “Pessimistic” On Rendon, Still Talking Lindor With Indians
2:31pm: While the likelihood of an arrangement isn’t known, the Dodgers are engaged in “serious” and ongoing talks with the Indians regarding star shortstop Francisco Lindor, per Bob Nightengale of USA Today (via Twitter). The report suggests that the Cleveland organization wants a prospect package that includes top talents Gavin Lux and Dustin May, each of whom reached the majors late last year. Whether the demand is for both to be included isn’t entirely clear.
2:00pm: The Dodgers are increasingly “pessimistic” as to their chances of striking a deal with top remaining free agent Anthony Rendon, per Ken Rosenthal of The Athletic (via Twitter). The L.A. org just missed out on Gerrit Cole and could now see its other major target slip away.
What’s the mean for the market on Rendon? Rosenthal reiterates several other recent reports indicating that the Nationals are unlikely to bring back their star third bagger. The Rangers and Angels appear to be the leading contenders to secure the services of the smooth-swinging 29-year-old.
As for the Dodgers, if indeed they fall out of the Rendon bidding they’ll presumably keep moving down the line of options. The club is said to have interest in Josh Donaldson, Madison Bumgarner, and several other possible free agent and trade targets.
Fallout Notes After Gerrit Cole Signing: Blue Jays, Angels, Pettitte, Dodgers, Bumgarner
Much will come to light in the coming days now that the Yankees have officially given Gerrit Cole the largest deal in league history for a pitcher – but even now, mere hours from the revelation, the news is starting to sink in. The rest of the pitching market could unstick rather quickly, and the Blue Jays are having to factor in their new reality of having to face Cole four or five times a year for the next decade, writes Ben Nicholson-Smith of sportsnet.ca. Of course, what better way for Vlad Guerrero Jr., Bo Bichette and friends to push themselves to reach their massive potentials than by facing off with the best of the best. Of greater concern for Toronto is who will take the mound on their side in 2020. With the biggest names now off the board, interest will pick up for the next tier of free agent starters, guys like Hyun-Jin Ryu and Dallas Keuchel, in whom Toronto has shown interest. Those who missed out on Cole may up the ante for the next round, however, putting the Blue Jays’ realistic options more in the field of Tanner Roark, Rick Porcello, or Wade Miley. They could even lend a helping hand to the Yankees by taking back J.A. Happ if a prospect(s) came along with him. Let’s see what else folks are saying here in the wee hours of life in our bleak new post-Cole-sweepstakes reality…
- The winners and losers of Cole’s mega contract are fairly obvious, but The Athletic’s Ken Rosenthal makes the rounds anyway, starting with the Yankees – the biggest winners here (besides Cole and maybe Scott Boras) for finally reeling in their “white whale.” The Angels come away from the Cole saga disappointed, but it’s not all bad for the Halos. They have more need than could have been filled by Cole alone. As tantalizing a talent Cole is, they may be better off spreading their money around. Now that the Giants took Zack Cozart‘s deal off their hands, they might have enough resources to buy a supporting cast for Mike Trout.
- It’s easy to view the Yankees’ winning bid as a harkening back to the days of New York as the evil empire, but the reality is actually much more frightening, per The Athletic’s Marc Carig. He writes, “The Yankees are well-run, well-heeled and well-schooled in the art of reeling in the big fish.” True enough: this was no impulsive spending spree. The Yankees, like much of the league, have curbed their shopping addictions and learned to spend wisely. As a result, they should enter 2020 as favorites to win the American League. Oddly, for years it was expected that Bryce Harper and Manny Machado‘s free agency would wake the dormant goliaths from their winter slumber, but it turned out to be Cole who not only made the notoriously judicious Andrew Friedman plead his case for the Dodgers, but who prompted the Yankees to shake off the rust and woo their western rival’s star player like the old days.
- Speaking of: Andy Pettitte played a role in evangelizing on behalf of New York’s lifestyle benefits. He encouraged Cole about playing in New York as a benefit for his peace of mind, per Joel Sherman of the New York Post. Pettitte’s point was that Cole could focus himself on the task of winning titles, as the playoffs should be an annual guarantee (or at least strong possibility). Of course, the Dodgers and Astros could have made the same argument about their squads.
- The Dodgers, it’s worth noting, made a real push for Cole. Among 324 million other reasons, however, Cole came away from his meeting with New York impressed with new pitching coach Matt Blake, who appealed to Cole’s interest in the intellectual side of the game, noted Carig. Of course, Cole also grew up a Yankees fan, which might have tipped the scale in the Yankees’ favor in a way that the Dodgers simply couldn’t answer. Now that the dust has settled, the Dodgers are moving on to the goal of convincing Madison Bumgarner to make the heel turn and join an already strong rotation in Chavez Ravine, tweets Rosenthal.
Gerrit Cole Rumors: 12/10/19
Where’s Gerrit Cole going to land? That’s what everyone wants to know. We’ve got a poll going this morning, but otherwise we’re eagerly awaiting the day’s news on the top free agent.
We’ll track the chatter here …
- The Cole sweepstakes is closing in on an ending, reports Heyman, who adds it would take “a major upset” for him to sign with someone other than the Yankees, Angels or Dodgers.
Earlier Reports
- There is “serious and intense” bidding going on for Cole, who looks more and more likely to reach an agreement at the Winter Meetings, Heyman tweets. It’s “likely” the Astros and the Giants are the mystery clubs in the Cole derby, per MLB.com’s Mark Feinsand, though the sources he has spoken with have cast on doubt on the hurler ending up with either team. That seemingly leaves the Yankees, Angels and Dodgers to fight it out for Cole.
- The Astros may be one of the mystery teams, per the New York Post’s Joel Sherman, who writes that they’re considering making a late charge to re-sign Cole. He was, of course, an enormously important part of the Astros’ pitching staff from 2018-19, and owner Jim Crane said last month the team would at least make an effort to keep him. Keeping Cole would likely at least push the Astros over the second level of the luxury tax ($228MM), as Sherman notes, but the reigning AL champions do have some holes in their rotation with him and Wade Miley as free agents. Perhaps a desire to keep Cole, AL Cy Young winner Justin Verlander and Zack Greinke together atop the Astros’ staff will drown out any tax concerns for Crane.
- Agent Scott Boras confirmed recent reports that indicate a deal could come together quickly. He told reporters gathered for his annual media scrum that a decision may come “in the short term,” as MLB.com’s Bryan Hoch reports (Twitter links). Boras also says there are two mystery teams involved in Cole’s market, though it’s not evident just what constitutes a mystery team from his perspective.
- Cole’s major pursuers are known (Angels, Yankees, Dodgers), along with a few lurkers (Rangers, Phillies). But there’s also a mystery team involved, according to Jon Heyman of MLB Network (via Twitter). Heyman himself casts doubt upon the legitimacy of this unidentified organization, noting that it is difficult to envision a new entrant to the market vaulting past the existing bidders. Indeed, it is quite difficult to peg a serious bidder among the remaining teams around the league. There are certainly other contenders that would love to add Cole, but in every case there’s reason to question the plausibility. That said, there have been surprises in the past and nothing can be ruled out entirely until there’s a team announcement on a signing.
- Henry Schulman of the San Francisco Chronicle notes (via Twitter) that he has been given reason to believe that the Giants would represent “a desirable destination” from Cole’s perspective. But he says he is not aware whether the team is involved and cautions that he has no reason to believe the San Francisco organization is a serious possible landing spot for the right-hander.
Gerrit Cole Seeking Massive Free Agent Contract
9:40pm: The Angels and Boras “have had multiple ‘ownership-level’ meetings” regarding Cole, Jeff Fletcher of the Orange County Register writes.
6:53pm: Yankees general manager Brian Cashman is “coming with the offer for Cole today,” Heyman tweets. Bob Klapisch of the New York Times reported over the weekend (link below) that New York was preparing a seven-year, $245MM proposal.
5:28pm: Expectations are that Cole will indeed go past the $300MM mark, per the New York Post’s Joel Sherman, who names nine years and $324MM as “not a bad over/under” for Cole’s next deal.
3:13pm: After securing a stunning, $245MM deal for Stephen Strasburg, Boras is on the hunt for an even larger-than-expected payday for Cole.
The goal is for a nine or ten-year pact, per Heyman (via Twitter). The $300MM level “is well within reach,” per the report, with even greater earnings “certainly possible” at this point.
It is believed that the bidding on Cole will come to a head in the coming days, MLB.com’s Jon Morosi tweets. That could set the stage for an old-fashioned Winter Meetings auction of the kind we haven’t seen in some time.
1:07pm: Free agent ace Gerrit Cole continues to be the center of attention as the game of baseball gathers up in San Diego for the Winter Meetings. We’ve yet to seen any seismic news with respect to his market situation, but there’s good reason to believe we’ll see significant developments in the coming days.
Cole’s agent, Scott Boras, informed teams that his client would like to consider offers beginning right away, The Athletic’s Jayson Stark writes (subscription link). The hurler “has been aggressively involved in setting the timing of these talks,” writes Stark, and it seems he’s not interested in a protracted courtship.
While Cole isn’t looking to drag this process out for the next several months, he’s not going to limit his options at the outset. While some geographical preference had been anticipated — Cole, as you’ve no doubt heard, has deep ties to California — it has become increasingly clear that he won’t restrict himself to one coast.
The word now is that Cole “will go with the best value/deal regardless of geography,” Jon Heyman of MLB Network tweets. That certainly leaves the door wide open for the Yankees, who are reportedly preparing to put a big number in front of Cole, but it’s far from a done deal. It’s rumored that the Angels, Dodgers, Phillies, and Rangers are also in the hunt and it remains to be seen which team will separate itself from the pack.
With big-budget organizations pushing hard for Cole, the industry chatter continues to buzz with the likelihood of a record-setting deal. The only question seems to be just how many contractual records will be knocked over and to what extent, as Stark writes. MLBTR predicted a $256MM contract entering the offseason.
West News & Rumors: Pham, Padres, Dodgers, Giants
The Padres and Rays already announced last week’s trade, one that saw outfielders Hunter Renfroe and Tommy Pham switch homes, but some complications have arisen since then. Specifically, even though 31-year-old Pham “effectively passed a series of physicals this weekend,” per Kevin Acee of the San Diego Union-Tribune, there are concerns over his right elbow. The joint kept Pham out of action for some of 2019, and according to Acee, the Padres’ medical staff still hasn’t cleared him. The trade’s currently “in limbo” as a result, writes Acee. However, Padres general manager A.J. Preller suggested Monday that it should still go through. “We’re still working through some final details but hope to have some clarity on that in the next 24 hours,” Preller said. “When we made the trade, we made the trade with the players involved. I don’t expect anything to change between now and the time we move forward. But we just have to finish the process up.”
- The Dodgers have their eyes fixed on “roughly” a dozen acquisitions, president of baseball operations Andrew Friedman told Pedro Moura of The Athetic and other reporters Monday. What’s more, Friedman indicated the already loaded Dodgers are primarily looking at elite talent. The rotation and third base have been rumored areas of interest for the Dodgers, and both spots do feature top-tier free agents (Gerrit Cole, Anthony Rendon and Josh Donaldson, for instance). Great free-agent relievers are harder to find, but upgrading there is a focus for the Dodgers. That’s their only “omnipresent” need area, Friedman observes (via Ken Gurnick of MLB.com). As of now, though, Friedman does expect Kenley Jansen to continue as the Dodgers’ closer in 2020. Formerly automatic, Jansen had a difficult year (by his standards) last season.
- The rotation-needy Giants expect to sign at least one starter to a major league contract, possibly before the Winter Meetings conclude, per Kerry Crowley of the Bay Area News Group. They at least appear to still be in the mix for their No. 1 free agent, Madison Bumgarner, whom they’ll sit down with during the meetings. While pitching’s a priority for the club, they don’t seem to be focused on picking up a backup catcher to take over for Stephen Vogt (now with the Diamondbacks), Alex Pavlovic of NBC Sports Bay Area suggests. Vogt’s replacement could be Aramis Garcia, to whom they’d like to give a chance, Pavlovic reports. They also have standout prospect Joey Bart waiting in the wings as the potential heir apparent to Buster Posey.
- Josh Bard will serve as the Dodgers’ bullpen coach next season, Gurnick tweets. Bard worked in that role from 2016-17 before leaving to join the Yankees’ staff as their bench coach. The Yankees and Bard parted ways after last season. The Dodgers’ previous bullpen coach was Mark Prior, who’s now their pitching coach.
Market Chatter: Dodgers, Castellanos, Didi
With the Winter Meetings upon us, let’s round up the latest chatter on the market to start the morning …
- The Dodgers could play a fascinating role in the proceedings. As the L.A. front office works on major potential free agent moves, it’s also dabbling in the trade market involving some existing pieces. Bob Nightengale of USA Today reports on Twitter that the club is open to discussing trade scenarios involving A.J. Pollock and Enrique Hernandez, along with the previously rumored Joc Pederson. Pollock just finished the first season of a complicated free agent contract, while Hernandez and Pederson each project to earn significant arbitration salaries in their final seasons of eligibility. MLBTR’s Connor Byrne recently broke down a potentially complicated offseason for the seven-time defending NL West champs.
- Outfielder Nicholas Castellanos may be down a suitor, but the news seems to be good. The Marlins are “out of the bidding,” according to Jim Bowden of The Athletic (via Twitter), owing to the fact that the auction ask has “sky rocketed” in the wake of the surprisingly lofty Mike Moustakas deal. Castellanos has always seemed a tricky player to predict. The youthful, bat-first performer might in past years have been a candidate for a top-of-the-market contract. But recent trends have not favored defensively marginal sluggers. We guessed he’d get four years and $58MM; now that Moustakas has topped that guarantee, perhaps Castellanos can be expected to go higher. His market still appears to be taking shape but could conceivably come together quickly over the next few days.
- Free agent shortstop Didi Gregorius appears “likely” to secure a significant, multi-year deal, according to Jon Heyman of MLB Network (via Twitter). Heyman hears that Gregorius could land an average annual value of $14MM to $15MM — which is just what we predicted he’d get (over three years) in our top-50 free agent ranking. It’s still unclear where Gregorius will land. Heyman suggests that the bidding may go too high for the Reds, possibly leaving the Phillies and unknown others to pursue the veteran infielder.
Winter Meetings Preview: The Dodgers’ Infield
The Los Angeles Dodgers have unsurprisingly been asked about the availability of Gavin Lux, the Dodgers’ minor league player of the year for 2019. Thus far, understandably, suitors have been turned away, per MLB Network Insider Jon Heyman. Granted, this isn’t shocking news in and of itself, but it is telling of the Dodgers’ mindset on the eve of the winter meetings.
Lux, 22, is coming off a monster season that saw him hulk out for a .347/.421/.607 line in 113 games across Double-A and Triple-A (which included a monstrous-even-for-the-PCL .719 SLG and 188 wRC+ in 49 games in Triple-A). He didn’t disappoint in a cup of coffee with the big league club, holding his own at .240/.305/.400 in 23 games of uneven playing time. He proved capable enough to make the playoff roster and earn the start in games 2 and 4 in the NLDS versus the Nationals.
It’s not surprising that the Dodgers would make a point to hang onto the young star, but doing so doesn’t exactly jibe with their rumored interest in free agent Anthony Rendon. Justin Turner has made clear his openness to moving around the diamond, and while it’s certainly nice to be reminded that chivalry is not yet dead, it’s not obvious where Turner would move if the Dodgers are indeed intent on making Lux a part of their core moving forward.
A Corey Seager trade could open a spot with Lux taking over at short, Max Muncy taking full-time duties at second and Turner moving to first. Chris Taylor, Enrique Hernandez, and NL MVP Cody Bellinger are capable of filling in around the infield as needed. But as good as Rendon is, Seager himself was a 4.0 bWAR player in 2019, and it would seem that the Seager/Lux/Muncy/Bellinger/Taylor/Hernandez/Turner septet already provides the perfect amount of wholesale injury coverage and star power. Swapping in Rendon for Seager cuts their shortstop options by one, and while they’d still probably be two injuries away from any real panic, it’s still a little hard to fathom why swapping in Rendon and his presumably monstrous contract makes sense – unless the goal is simply to keep the development train moving by restocking the lower levels via trade.
They could certainly sign Rendon – or Josh Donaldson, for that matter – and shop one of their other infielders, but there’s not a natural fit on that front either. Turner and Muncy have been central figures to the culture and success of the Dodgers in recent seasons, and it’s frankly jarring to imagine either one suiting up elsewhere. Moving Taylor or Hernandez neither frees up at-bats nor brings back a significant prospect haul.
The logical conclusion is that the Dodgers’ interest in Rendon is probably more smoke than fire. President of Baseball Operations Andrew Friedman has made a point of avoiding lavish and reactionary spending, and a Rendon signing would appear to qualify as both. Luxury tax estimates (per Roster Resource) peg the Dodgers at around $176MM for the upcoming season, which would make it difficult to fit Rendon under the tax line. Their longer-term financial picture is more flexible, however, with only ~$93MM on the books for 2021 and ~$33MM the year after.
The Dodgers did suffer a particularly tough playoff defeat in 2019, and after seven years of making the playoffs and coming home without a ring, it’s fair to wonder if the disciplined roster building that’s become the brand of these Los Angeles Dodgers might finally break under the strain of those playoff defeats. Andrew Friedman is also one of the more creative thinkers in the game and if there’s a way to make this work, he’s sure to find it. But it’s also not hard to see why they’d keep on keeping on with business as usual.
Dodgers Interested In Re-Signing Hyun-Jin Ryu
Hyun-Jin Ryu has drawn looks from multiple teams this offseason, though the Dodgers have also considered a reunion and are “in” on the southpaw, MLB Network’s Jon Heyman writes (via Twitter). The Blue Jays and Twins are among the other clubs known to have some degree of interest in Ryu, who has pitched only for the Dodgers since coming to Major League Baseball prior to the 2013 season.
As Heyman notes, the Dodgers are also pursuing Gerrit Cole and Stephen Strasburg, so it could be that L.A. views Ryu as something of a fallback if both Cole and Strasburg sign elsewhere. Ryu isn’t exactly a bad consolation prize, coming off a season that saw him post a 2.32 ERA, 6.79 K/BB rate, and 8.0 K/9 over 182 2/3 innings and finish second in NL Cy Young voting. Then again, Ryu will also be 33 years old on Opening Day and comes with a lengthy injury history, placing something of a ceiling on his next contract. The left-hander entered the offseason hoping to land a three- or four-year contract, and MLBTR projected three years and $54MM in our ranking of the winter’s top 50 free agents (Ryu finished ninth in our listing).
Ryu accepted a qualifying offer to remain with Los Angeles last winter, which means that he can be signed by any team this offseason without any draft compensation tied to his services. That will increase the chances that he and agent Scott Boras can land that fourth year, as while teams might hesitate at committing to such an injury-plagued pitcher through his age-36 season, Ryu will only become more attractive to pitching-needy teams as other top arms drop off the board.
For instance, if the Dodgers do miss out on both Cole and Strasburg, they could opt to offer a fourth year to ensure that they can land at least Ryu and beat out other teams who didn’t sign the top two pitchers on the market. Or, a non-contender like the Blue Jays might be willing to offer the fourth year in order to lure Ryu to a team that isn’t lined up to compete in 2020. The added wrinkle to this entire situation is that Boras represents Ryu, Cole, Strasburg, and (another notable pitcher in the “second tier” of free agent arms) Dallas Keuchel, so the agent will have intimate knowledge of what teams are willing to offer his clients.
Latest On Gerrit Cole
Teams will be making their initial offers to Gerrit Cole in the coming days, reports Jeff Passan of ESPN (via Twitter). Cole, the top free agent in this year’s class, is a near-lock to exceed David Price’s $217MM guarantee, the current record contract for a pitcher.
Which teams figure to be in on Cole? The Yankees are seemingly committed to bringing Cole to the Bronx, and Peter Gammons of the Athletic somewhat cryptically tweets that the Bombers “were not denied” in their pursuit. Nevertheless, Passan’s sources hear that the Angels and Dodgers do remain in the running alongside the Yankees as favorites for Cole’s services. Both LA organizations have previously met with the Southern California native, as have the Yankees.
While that big-market trio seems to have moved to the forefront of the Cole race, other teams may still yet enter the mix once the time comes to put formal offers on the table. Jon Heyman of MLB Network reiterates (via Twitter) the Phillies’ and Rangers’ interest. Recent indications, though, are that Philadelphia and Texas seem to be more focused on fellow Scott Boras client Anthony Rendon.
That interest in Rendon, who himself figures to handily exceed $200MM, suggests that both organizations have ample spending room should they set their sights on Cole instead. However, the Phillies have already made one massive outlay on starting pitching this offseason, signing Zack Wheeler to a $118MM deal. The Rangers, meanwhile, have seemingly plugged two holes in their rotation via smaller deals for Kyle Gibson and Jordan Lyles. With that in mind, it seems to make sense for those two clubs to turn their attention to the position player side of things.
With the Cole market seemingly heating up, he figures to be the center of attention at next week’s Winter Meetings. With some of the sport’s biggest spenders eyeing him, Cole will surely break the bank whenever he makes the final decision.