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MLBTR Podcast: Jack Flaherty Back To Detroit, Max Scherzer, And What’s Next For The Padres

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The latest episode of the MLB Trade Rumors Podcast is now live on Spotify, Apple Podcasts, and wherever you get your podcasts! Make sure you subscribe as well! You can also use the player at this link to listen, if you don’t use Spotify or Apple for podcasts.

This week, host Darragh McDonald is joined by Steve Adams of MLB Trade Rumors to discuss…

Check out our past episodes!

The podcast intro and outro song “So Long” is provided courtesy of the band Showoff.  Check out their Facebook page here!

Blue Jays Designate Michael Petersen For Assignment

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The Blue Jays announced that they’ve designated reliever Michael Petersen for assignment. That’s the corresponding 40-man roster move for Max Scherzer, who has finalized his $15.5MM free agent deal.

Toronto claimed Petersen, a native of the United Kingdom, off waivers from the Marlins within the opening days of the offseason. That was his second waiver move in a few months. Miami had grabbed him off waivers from the Dodgers in September. He allowed four runs across 5 2/3 innings to finish the year. Petersen had also made 11 appearances with Los Angeles. He closed his debut campaign with a 5.95 earned run average through 19 2/3 innings. He recorded 14 strikeouts while issuing 11 walks.

The 30-year-old Petersen had much better numbers in 33 innings at the Triple-A level with Los Angeles. He posted a 1.64 ERA while striking out a massive 35.2% of opponents. Petersen had also pitched well for the Rockies’ affiliate in 2023. He owns a 2.45 earned run average at the top minor league level. He has fanned 28.6% of batters faced against an elevated 11% walk rate.

Petersen works mostly with a fastball and cutter. His heater checked in at 97 MPH on average in his MLB work and sat just under 98 MPH in the minors. Between that and the strong Triple-A production, it’s possible he’ll draw renewed interest on the waiver wire. The 6’7″ righty still has two minor league options remaining and could be sent to Triple-A if a team is willing to carry him on the 40-man roster. Petersen has never cleared outright waivers, so if he goes unclaimed, he’d stick with the Jays and likely be invited to camp as a non-roster player.

Players Who Could Move To The 60-Day IL Once Spring Training Begins

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Most of the clubs in the league currently have a full 40-man roster, which means that just about every transaction requires a corresponding move these days. Some extra roster flexibility is on the way, however. The 60-day injured list goes away five days after the World Series but comes back when pitchers and catchers report to spring training.

Per R.J. Anderson of CBS Sports, most clubs have a report date of February 12th or 13th. The Cubs and Dodgers are a bit earlier than most, on the 9th and 11th, respectively. That’s due to the fact that those clubs are heading to Tokyo, with exhibition games in mid-March, followed by regular season games against each other on March 18th and 19th. All the other teams have Opening Day scheduled for March 27th.

It’s worth pointing out that the 60 days don’t start being counted until Opening Day. Although a team can transfer a player to the 60-day IL quite soon, they will likely only do so if they aren’t expecting the player back until end of May or later. A team also must have a full 40-man roster in order to move a player to the 60-day IL.

There are still plenty of free agents still out there, including big names like Alex Bregman and Pete Alonso, as well as Nick Pivetta, Andrew Heaney, David Robertson, Randal Grichuk, Kenley Jansen, Harrison Bader, Lance Lynn, Jose Quintana and many more. Perhaps the extra roster flexibility will spur some deals to come together in the next week or so. It could also increase the ability of some clubs to make waiver claims or small trades for players who have been designated for assignment.

Here are some players who are expected to miss some significant time and could find themselves transferred soon.

Angels: Robert Stephenson

Stephenson underwent a hybrid Tommy John surgery with internal brace in late April. Given the 14-plus months required to recovery from such a procedure, he’s not likely to be ready in the early parts of the 2025 season.

Astros: Cristian Javier, J.P. France, Bennett Sousa

Javier underwent Tommy John surgery in June and is targeting a return in the second half of 2025. France is recovering from shoulder surgery and hoping to return in July. Sousa’s timeline is less clear but he underwent surgery for thoracic outlet syndrome in April. Other possibilities include Luis Garcia and Lance McCullers Jr., who are expected to start the season on the IL but returning in April or May still seems possible.

Athletics: Luis Medina, Ken Waldichuk

Medina underwent Tommy John surgery in August and Waldichuk in May. Medina might miss the entire season while Waldichuk is likely to miss a few months at least.

Blue Jays: Angel Bastardo, Alek Manoah

The Jays grabbed Bastardo from the Red Sox in the Rule 5 draft in December, even though he had Tommy John surgery in June. Manoah also had Tommy John around that time and is hoping to be back by August.

Braves: Joe Jiménez

Jimenez had knee surgery in November with a timeline of eight to twelve months, so he might miss the entire season. Spencer Strider and Ronald Acuña Jr. are also possibilities, though those will be more borderline. Strider had internal brace surgery in April, so returning in May is somewhat possible. Acuña is recovering from a torn ACL last year and it’s possible he’ll miss the first month or so of the season. Given how important both of those players are, Atlanta probably won’t put them on the 60-day IL unless it’s 100% certain that they can’t come back in the first 60 days of the season.

Brewers: Robert Gasser

Gasser had Tommy John surgery in June and will be looking at a late 2025 return even in a best-case scenario.

Diamondbacks: Kyle Nelson

Nelson’s timeline is unclear, but he underwent surgery for thoracic outlet syndrome in May and missed the remainder of the 2024 season.

Dodgers: Gavin Stone, Brusdar Graterol, River Ryan, Kyle Hurt, Emmet Sheehan

Stone underwent shoulder surgery in October that will cause him to miss the entire year. Graterol also underwent shoulder surgery and isn’t expected back until the second half of 2025. Each of Ryan, Hurt and Sheehan required Tommy John surgery in 2024: Ryan in August, Hurt in July and Sheehan in May.

Guardians: Sam Hentges, David Fry, Shane Bieber, Trevor Stephan

Hentges required shoulder surgery in September, with an expected recovery timeline of 12 to 14 months. Fry underwent UCL surgery in November with a more fluid timeline. He won’t be able to throw at all in 2025 but could be cleared for designated hitter action six to eight months from that surgery. Bieber is perhaps a borderline case, as he underwent Tommy John surgery in April. Given his importance, the Guards may not transfer him to the 60-day IL until it’s assured that he won’t be back in the first 60 days of the season. Stephan underwent Tommy John surgery in March and perhaps has a chance to avoid the 60-day IL, depending on his progression.

Mariners: Matt Brash, Jackson Kowar

Brash underwent Tommy John surgery in May. Given the typical 14-month recovery timeline from that procedure, he would be looking at a midsummer return. However, it was reported in November that he’s ahead of schedule and could be back by the end of April. That’s an optimistic timeline but the Mariners will probably hold off moving him to the 60-day IL until the door is closed to an early return. Kowar underwent Tommy John in March, so an early return in 2025 is possible for him, depending on how his recovery is going.

Marlins: Braxton Garrett, Eury Pérez

Garrett just underwent UCL surgery last month and is going to miss the entire 2025 season. Pérez underwent Tommy John surgery in April of last year and will miss at least part of the beginning of the 2025 campaign.

Mets: Christian Scott

Scott required a Tommy John surgery and internal brace hybrid procedure in September and will likely miss the entire 2025 season.

Nationals: Josiah Gray, Mason Thompson

Gray required a Tommy John surgery and internal brace hybrid procedure in July, meaning he’ll miss most or perhaps all of the 2025 season. Thompson required Tommy John surgery in March, so he has a better chance to make an early-season return if his recovery is going well.

Orioles: Kyle Bradish, Tyler Wells

Bradish and Wells each required UCL surgery in June, so they’re both slated to miss the first half of the upcoming campaign.

Padres: Joe Musgrove

Musgrove had Tommy John surgery in October and will therefore miss the entire 2025 season. However, the Padres only have 36 guys on their 40-man roster at the moment, so they’ll need to fill those spots before moving Musgrove to the 60-day IL.

Pirates: Dauri Moreta

Moreta required UCL surgery in March, so an early-season return is possible if his rehab is going well, though he could end up on the 60-day if the club goes easy with his ramp-up or he suffers any kind of setback.

Rangers: Josh Sborz

Sborz underwent shoulder surgery in November and is expected to miss the first two to three months of the upcoming season.

Rays: Nate Lavender, Ha-Seong Kim

The Rays took Lavender from the Mets in the Rule 5 draft, even though he had Tommy John in May and will miss the start of the season. Kim’s status is more up in the air after he had shoulder surgery in October. Various reports have suggested he could return anywhere from April to July. The Rays made a sizable investment in Kim, their largest ever for a position player, so they probably won’t shelve him until they get more clarity on his status.

Red Sox: Patrick Sandoval, Garrett Whitlock, Chris Murphy

Sandoval had internal brace surgery in June of last year and should miss the first half of the season. Whitlock had the same surgery in May, so he could have a bit of a better chance to return in the first 60 days of the season. Murphy underwent a fully Tommy John surgery in April and will certainly miss the beginning of the upcoming season. Another possibility is Lucas Giolito, who had internal brace surgery in March, though he expects to be ready by Opening Day.

Reds: Julian Aguiar, Brandon Williamson

Aguiar underwent Tommy John surgery in October and Williamson in September, so both are likely slated to miss the entire 2025 season.

Tigers: Sawyer Gipson-Long

Gipson-Long underwent internal brace surgery in April. On top of that, he underwent left hip labral repair surgery in July, with the club hoping to address both issues at the same time. It seems likely that he’ll miss some of the early 2025 schedule, but his IL placement will depend on how he’s been progressing.

White Sox: Jesse Scholtens

Scholtens underwent Tommy John surgery in early March. Whether he goes on the 60-day IL or not will depend on how he’s progressed since then and when the White Sox expect him back.

Yankees: Jonathan Loáisiga

Loáisiga underwent internal brace surgery in April, so he could potentially be back on the mound early in the 2025 season. It was reported in December that the Yankees are expecting him to be in the bullpen by late April or early May, so he’ll only end up on the 60-day IL if he suffers a bit of a setback.

Alex Bregman Reportedly Has Six-Year Offer From Club Other Than Astros

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February starts tomorrow but Alex Bregman is still unsigned. Throughout the winter, he has reportedly been sitting on a six-year, $156MM offer from the Astros. Jon Heyman of The New York Post reports that he also has a “lucrative” six-year offer, with an opt-out after the first year, from another club “that may not be not be high on his list.” Heyman mentions the Cubs, Tigers and Red Sox as clubs that have been in the mix. Bob Nightengale of USA Today recently appeared on Area 45 with Bijani and Creighton and suggested the Blue Jays might have a six-year offer out to Bregman.

The twists and turns of the Bregman saga have been well documented to this point. Going back to the Astros seemed like a strong possibility at the start of the winter and there has clearly been mutual interest in a reunion but a gap in talks when it comes to the financials, with Bregman reportedly looking to get something close to $200MM.

The $156MM offer is close-ish to that but Heyman and Nightengale both relay that Bregman viewed that as a paycut. That offer would come with an average annual value of $26MM. Bregman signed an extension with the Astros back in March of 2019, a five-year, $100MM pact. That was only a $20MM AAV but it was backloaded. Bregman got a $10MM signing bonus and then had a salary of $11MM in the first three years of that deal, followed by salaries of $28.5MM in the last two. Though the recent offer from Houston would have come with an AAV bump compared that entire contract, it appears the immediate downgrade in salary wasn’t satisfactory.

That led to Bregman getting interest from other clubs and the Astros pivoting to other players. They acquired Isaac Paredes in the Kyle Tucker deal and then signed Christian Walker. Those two, along with Jeremy Peña and Jose Altuve, seemed to fill the Houston infield and block Bregman’s path back to the club. More recently, reports have emerged that suggested the door is actually open a crack. The club apparently has some willingness to re-sign Bregman, move Paredes to second and Altuve to left field.

That’s a bit of an awkward fit, but the same could be said of Bregman’s other possible landing spots. The Red Sox have Rafael Devers at third and prospects like Kristian Campbell and Marcelo Mayer charging towards the second base opening. Moving Devers over to first base makes some sense on account of his poor defense, but he seems reluctant to make that move and Boston has Triston Casas at first and Masataka Yoshida a likely designated hitter. The Tigers would be blocking Jace Jung, a top prospect who has already cracked the majors, from regular playing time. The Cubs would similarly be blocking Matt Shaw. The Jays would be blocking a group of potential third baseman that includes Orelvis Martínez, Addison Barger and Ernie Clement.

Financially, the clubs are in different positions, per figures from RosterResource and Cot’s Baseball Contracts. The Tigers project to have an Opening Day payroll of $118MM. That’s well beyond last year’s $98MM figure but they were in the $120-140MM range in the two prior years. Signing Bregman would push them past that but could be justified after last year’s surprise playoff push. As of last week, their talks with Bregman were reportedly at a standstill.

The Cubs have a competitive balance tax number of $207MM and the Red Sox $210MM. This year’s base tax threshold is $241MM, meaning both clubs are more than $30MM away from that line. They have both paid the tax in recent years, so getting to the line or even crossing it can’t be explicitly ruled out, though both clubs reportedly prefer the idea of signing Bregman to a short-term deal.

The Jays, meanwhile, are well above the rest in this group. They project for a $250MM payroll and $273MM CBT number, both of which would be franchise records by significant margins. Last year’s $225MM Opening Day payroll was a new record at the time. They went narrowly over the CBT line in 2023 and were projected to do so again last year, before their disappointing season led to a trade deadline selloff that allowed them to limbo underneath. Though they are in uncharted waters, they reportedly still have wiggle room after agreeing to a deal with Max Scherzer.

The Cubs were the only one of the non-Houston clubs mentioned here to pay the tax in 2024, meaning they would be subject to the stiffest penalties for signing Bregman. Since he rejected a qualifying offer, any club apart from Houston that signs him would be subject to draft pick forfeiture. As a tax payor, the Cubs would forfeit their second- and fifth-highest picks as well as $1MM from next year’s international bonus pool space. The Jays and Red Sox, who didn’t pay the tax and aren’t revenue-sharing recipients, would only forfeit $500K of pool space and their second-highest pick. The Jays already surrendered a pick to sign Anthony Santander, so they would actually surrender their third-highest pick if they also signed Bregman. The Tigers, as a revenue-sharing recipient, would give up their third-best pick. Houston stands to receive compensation if Bregman signs elsewhere, though since they paid the tax last year, they would only receive a pick after the fourth round of the upcoming draft. Re-signing Bregman would take that potential compensation away.

Despite the inelegant roster fits, teams seem to be willing to make it work somehow. An unsigned player this close to the start of spring training would normally have to start considering short-term contracts. That happened last winter with the so-called “Boras Four” of Blake Snell, Jordan Montgomery, Matt Chapman and Cody Bellinger, who all signed in February of March, inking two- or three-year deals including opt-outs. Boras also represents Bregman and Pete Alonso, who are both unsigned now.

Alonso seems likely to be going down the short-term route, having recently discussed some three-year arrangements with the Mets. Reports on Bregman, however, have suggested that’s less likely. Last week, it was reported that Bregman has multiple offers of at least five years. The Astros seem to be one of them, as they have reportedly kept their offer out to Bregman even as they have pursued other moves.

Bregman, it seems, has been stuck in a sort of limbo zone. Based on the reports, he has a decent amount of interest but not quite enough to get up to his asking price, which has led to this holding pattern. MLBTR predicted him for a seven-year deal worth $182MM at the start of the offseason. As mentioned, he was looking to get a bit beyond that, into the $200MM range, but his offers have seemingly come in at a slightly lower level.

The Astros have reportedly had Jorge Polanco as their Bregman backup plan, but he has agreed to return to the Mariners on a new deal. Whether that leads the Astros to increase their offer to Bregman remains to be seen. They are known to be looking for a left-handed outfielder. Signing Polanco, a switch-hitter, would have been an indirect way of doing that. Altuve likely would have ended up in left field but it would have added a lefty bat to the lineup regardless. They could now consider a more direct option like signing Alex Verdugo or Jason Heyward. Bregman is right-handed but a more exciting player overall than either of those two, though the club has been connected to Verdugo this offseason and signed Heyward late last year after he was released by the Dodgers.

Whether or not the Astros pivot with Polanco off the board, it seems other clubs are lurking, perhaps in a similar price range. How this plays out could have ripple effects to other players. The Jays have also been lurking in the Alonso market but surely won’t sign both. Pitchers like Jack Flaherty and Nick Pivetta are also unsigned and have been connected to some of these clubs. Pitchers and catchers report to spring training in less than two weeks.

Blue Jays Sign Max Scherzer

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The Blue Jays officially announced their one-year deal with Max Scherzer. The Boras Corporation client reportedly receives a $15.5MM salary with no deferrals and a full no-trade clause.

Scherzer is obviously a legend in the game and a future Hall of Famer. He debuted back in 2008, has almost 3,000 innings in the majors with a 3.16 earned run average, three Cy Young trophies, eight All-Star selections and two World Series rings.

The question is what he has left in the tank at this point. He is now 40 years old and coming off an injury-marred season. He started 2024 on the injured list while recovering from offseason back surgery. Though he recovered from that, he also battled a nerve issue in his hand, shoulder fatigue and a strained hamstring throughout the season. He was limited to just nine starts and 43 1/3 innings.

That obviously creates some concern but Scherzer has been remarkably durable throughout his career. In each full season from 2009 to 2023, he made 27 or more starts and logged at least 145 1/3 innings. From 2013 to 2018, he had six straight seasons of hitting the 200-inning plateau. In short, 2024 was the first season of his career where he missed significant time.

Even though the volume of his output was low, some of the results last year were still decent. He posted a 3.95 earned run average over those nine starts. His 22.6% strikeout rate was a drop for him personally but still around league average, while his 5.6% walk rate was still a very strong mark. His velocity was down as well on his fastball, going from 93.7 miles per hour in 2023 to 92.5 mph last year.

There are obviously some yellow flags in there but it’s of course possible that better health could lead to some better results. It’s a bit of a gamble for the Jays but this is clearly the market rate for a veteran pitcher with some question marks. Each of Justin Verlander, Charlie Morton and Alex Cobb secured one-year deals worth $15MM this offseason. Scherzer symbolically got past that group with an extra half mil.

There are many ways in which Verlander and Scherzer are similar, given their lengthy careers full of accolades. The two have also crossed paths many times, as they were both in the Detroit rotation just over a decade ago, before reuniting with the Mets more recently. Verlander’s 2024 was also injury-marred, though with perhaps some more concerning numbers. His 17 starts and 90 1/3 innings were more than Scherzer managed but Verlander had a 5.48 ERA and his strikeout rate dropped all the way to 18.7%. Verlander is also a bit older, about to turn 42 next month.

Cobb is only 37 but he only managed three starts last year, plus two more in the playoffs, thanks to his own maladies. He also doesn’t quite have the same legendary track record as Scherzer or Verlander. Morton, who is now 41, managed to make 30 starts for Atlanta last year but he seemingly limited his market by having a preference for clubs with spring training sites near his family in Florida.

The Jays have been connected to just about every available free agent this winter. That has included some high-profile position players like Juan Soto, Alex Bregman and Pete Alonso, as well as starting pitchers like Roki Sasaki, Max Fried and Corbin Burnes. There were obviously some frustrating misses in there, but the club has had a couple of strikes more recently. In the past three weeks, they’ve added Anthony Santander to their lineup, Jeff Hoffman to their bullpen and now Scherzer to the rotation.

While the Jays may have preferred to get one of those other starting pitchers, Scherzer keeps their commitment short. It also gives the club a very veteran rotation core. Kevin Gausman is 34, Chris Bassitt will turn 36 next month and José Berríos will be 31 in May. Those four are sure to be taking the ball with regularity, as long as they’re all healthy.

If Scherzer avoids the injury bug this year, he’ll upgrade the rotation and could perhaps indirectly upgrade the bullpen as well. Prior to this signing, Bowden Francis and Yariel Rodríguez were projected as the top options for the fourth and final spots in the rotation. Even with Scherzer in the fold, Francis will likely still get a rotation spot. After the Jays traded Yusei Kikuchi at the deadline last year, Francis got a rotation audition and ran with it. He finished out the campaign with 59 innings over nine starts with a 1.53 ERA, 26.5% strikeout rate and 3.3% walk rate. He still has one minor league option but the Jays would surely like to see if he could carry that forward.

That could push Rodríguez into a relief role, something he has done with success before. Last year was his first in the majors and he made 21 starts with decent results. He had a 4.47 ERA, 23.1% strikeout rate and 10.9% walk rate. But prior to signing with the Jays, he was a dominant closer in Japan. In 2022, he made 56 appearances for the Chunichi Dragons with a 1.15 ERA, 27.5% strikeout rate and 8.3% walk rate. He sat out 2023 while attempting to be declared a free agent.

Going into last year, Shi Davidi of Sportsnet reported that Rodríguez’s contract stipulated he could only be optioned for the 2024 season. The Blue Jays did indeed option him a few times last year but it seems they won’t be able to do so from now on, so perhaps he’ll end up in the bullpen instead. He could compete for a leverage role alongside Hoffman, Yimi García, Chad Green and Erik Swanson.

That would subtract from the rotation depth a bit, but the Jays have a few more options there than they did last year. They added Jake Bloss, who already has a bit of Triple-A and MLB experience, in the aforementioned Kikuchi deal. Adam Macko is on the 40-man roster and should be in Triple-A this year after spending most of 2024 in Double-A. Alek Manoah had internal brace surgery in June and could make a late-season return. Since Scherzer is one a one-year deal and Bassitt is going into the final year of his pact, there are long-term openings for that group if any of them have a good showing in 2025.

RosterResource now sets the club’s payroll at $250MM and and their competitive balance tax number at $273MM. That puts them already well beyond last year’s Opening Day payroll, which Cot’s Baseball Contracts put at $225MM. Their CBT number was over the line in 2024 but they ducked under when their disappointing season lead to a deadline selloff, so they will go into 2025 as “first-time” payors. They are now within striking distance of the third CBT line, which will be $281MM next year. Going over that marker this year would mean their top pick in the 2026 draft would be pushed back 10 spots.

Despite running those numbers up to new heights, it doesn’t appear they are done. Per Bob Nightengale of USA Today, the Jays are still interested in Pete Alonso if he doesn’t circle back to the Mets while Keegan Matheson of MLB.com also suggests they should still have some flexibility. Maybe the Jays will add Alonso or someone else, or finally get an extension done with Vladimir Guerrero Jr. It’s been a long, frustrating winter for Jays fans but a lot has changed in the past few weeks, perhaps with more to come. Pitchers and catchers report to spring training in about two weeks.

Jon Heyman of The New York Post first reported that Scherzer was headed to the Jays. Bob Nightengale of USA Today first reported that it was a one-year deal. Heyman then reported the $15.5MM guarantee. Ben Nicholson-Smith of Sportsnet first had the lack of deferrals. Heyman had the no-trade clause.

Max Scherzer Hosts Workout For Several Teams

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It’s been a relatively quiet offseason with regard to chatter on future Hall of Famer Max Scherzer. The three-time Cy Young winner was limited to nine starts of 3.95 ERA ball for the Rangers in 2024. He missed time early in the year while recovering from offseason back surgery and was also sidelined by a nerve issue in his hand, shoulder fatigue and a strained hamstring. It’s a length list of issues, particularly for a pitcher who turned 40 last summer.

Still, Scherzer has been preparing to pitch in 2025 and recently held a workout for scouts, Mark Feinsand of MLB.com reports. SI.com’s Pat Ragazzo reported recently that the Blue Jays, Dodgers, Yankees, Mets, Phillies, Braves, Red Sox and Cubs were among those who were represented at the showcase. (That’s not necessarily an exhaustive list of teams.)

The Blue Jays have been the team most prominently linked to Scherzer thus far in the offseason, and Feinsand indeed suggests that Toronto has been the most serious suitor for Scherzer. Ragazzo adds that the Mets have “some level of interest” in bringing Scherzer back on a one-year deal. Time will tell whether the right-hander’s recent showcase for scouts drums up any new bidders, but Feinsand quotes one showcase attendee who suggested that Scherzer looked good — not up to his prior Cy Young standards but still “good enough to be an effective starter.”

At least in the 43 1/3 innings Scherzer managed amid all those maladies in 2024, that looked to be the case. In addition to his previously mentioned 3.95 ERA, the right-hander fanned 22.6% of opponents (roughly average) with a terrific 5.6% walk rate. His once-95-mph fastball sat at a career-low average of 92.5 mph in 2024, however, and he dealt with home run troubles for a second straight year (1.65 HR/9 in 2023, 1.45 in 2024). The righty’s swinging-strike rate (14.6%) remained excellent, but most of those whiffs came off the plate. Scherzer’s opponents made contact on 83.1% of swings within the strike zone — his highest level since 2011.

For the Jays, Scherzer wouldn’t need to reprise his status as an ace, however. Kevin Gausman, Chris Bassitt and Jose Berrios have the top three spots in the rotation. Bowden Francis and Yariel Rodriguez follow, but Francis has minor league options remaining and Rodriguez could move back into the bullpen. Toronto’s pitching depth, in general, is somewhat shaky with Alek Manoah on the mend from elbow surgery and top prospect Ricky Tiedemann missing most of the 2024 season due to injury. Rotation candidates beyond the top five include prospects Jake Bloss and Adam Macko as well as non-roster invitees Adam Kloffenstein and Eric Lauer.

The Mets have a more crowded staff, but president of baseball operations David Stearns is known for hoarding depth. Kodai Senga, Sean Manaea, Frankie Montas, David Peterson, Paul Blackburn and reliever-turned-starter Clay Holmes make up the starting staff right now. Swingmen Griffin Canning and Tylor Megill could get looks, too, as could top prospect Brandon Sproat. Fitting Scherzer into the puzzle is a bit of a challenge, particularly given the 110% luxury task the Mets are facing.

Blue Jays To Sign Adam Kloffenstein To Minor League Deal

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The Blue Jays and right-hander Adam Kloffenstein have agreed to a minor league deal, reports Ari Alexander of KPRC 2. The righty will also be in big league camp with the Jays as a non-roster invitee.

Kloffenstein, 24, returns to his original club. The Jays selected him in the third round of the 2018 draft. For the next few years, he was a somewhat notable prospect in Toronto’s system. Baseball America ranked him in the middle parts of the Blue Jays’ top 30 from 2019 to 2022. At the 2023 deadline, the Jays flipped him to the Cardinals as part of the Jordan Hicks trade.

The Cards added Kloffenstein to their 40-man roster last offseason to keep him out of the Rule 5 draft. That allowed him to make his major league debut in 2024, though he tossed only one inning. His Triple-A numbers weren’t amazing on the year, as he allowed 4.74 earned runs per nine innings over his 17 starts. His 49% ground ball rate was strong but his 19.4% strikeout rate and 10.9% walk rate were both subpar.

After that uninspiring year, the Cards decided to move on. Kloffenstein was non-tendered in November, getting sent to free agency without being put on waivers. That allowed him to return to the Jays on this minor league pact.

From 2021 to 2023, Kloffenstein tossed 341 1/3 minor league innings, most of that with the Blue Jays. The results in that time were a bit better than in his 2024 season. His 4.85 ERA still wasn’t especially impressive but his 24% strikeout rate was significantly better than last year’s clip, with comparable amounts of walks and ground balls.

The Jays are plenty familiar with Kloffenstein from his time in the system, so perhaps they believe there’s a way to get him back on track after a challenging season. The Jays have Kevin Gausman, Chris Bassitt and José Berríos locked into three rotation spots. Bowden Francis will probably get a chance to build off his strong finish in 2024. Guys like Yariel Rodríguez, Jake Bloss and Adam Macko are candidates for another spot. The Jays have been looking to upgrade that group this offseason and could push everyone down a peg but Kloffenstein gives them some non-roster depth alongside Eric Lauer. If Kloffenstein eventually gets a roster spot, he still has options and just a single day of service time.

Latest On Ryan Pressly

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12:40pm: Per a report from Chandler Rome, Sahadev Sharma and Patrick Mooney of The Athletic, the Tigers are also in the Pressly talks but it “may be unlikely” for the righty to approve a trade to Detroit.

9:19am: The Astros have been shopping right-hander Ryan Pressly throughout the winter, but those efforts didn’t gain much traction until recently. That’s understandable in the sense that the free-agent market for relievers was largely frozen until the past couple of weeks. Now, with free agent bullpen arms flying off the board, interest in Pressly has seemingly picked up. The Cubs, Blue Jays and one yet-unknown club out west have all shown serious interest in Pressly over the past 24 hours.

Pressly, however, has full no-trade protection by virtue of his 10-and-5 rights (ten years of major league service, five-plus years with his current team). He can nix any trade to a location he doesn’t want. That’s of extra note for Pressly as a Texas native who’s playing his home games a bit more than 200 miles south of Dallas, where he was born and raised. Jon Heyman of the New York Post reports this morning that Pressly has informed the Astros that he’s disinclined to approve a trade that’d send him too far east or west.

That would seemingly rule out both the Jays and any club on or near the west coast. It’s not yet clear which club out west is eyeing Pressly, though the D-backs have been vocal about their desire to add a closer. The A’s, Giants and Angels aren’t necessarily in the market for an experienced ninth-inning arm specifically, but all three could use another high-leverage arm in general.

All of that could be moot, however, if Pressly is wary of straying toward either coast and prefers to remain in Texas or somewhere in the country’s heartland. That could potentially bode well for the Cubs, though Heyman adds that Pressly has not yet made a decision one way or another on whether he’d approve a move to Wrigley Field. One swaying factor, speculatively speaking, could be that the Cubs would almost certainly use Pressly as their closer. That’s a role he filled — and filled quite well — in Houston from 2020-23, when he saved 102 games and pitched to a 2.99 ERA with a huge 31.5% strikeout rate in 198 2/3 innings. He was bumped to a setup role in 2024 after the Astros’ signing of Josh Hader on a five-year, $95MM contract.

Pressly’s 2024 season was solid all around but not quite up to his (lofty) prior standards. He logged a 3.49 earned run average over 56 2/3 innings and posted a 23.8% strikeout rate that stood as his lowest mark since the 2016 season. His 7.4% walk rate was comfortably better than league average but was still his highest mark in four years. His average fastball sat at 93.8 mph, per Statcast, marking his lowest number in more than a decade. Still, the right-hander’s broader track record is excellent. And, with the Astros potentially reengaging with Alex Bregman, there could be extra motivation for Houston to shed some payroll.

It’s hard to envision any scenario where the Astros re-sign Bregman and also dip beneath the luxury tax threshold, but shedding Pressly’s $14MM salary would lessen the sting of exceeding the tax line for what would be a second straight season. Per RosterResource’s projections, Houston is currently about $3MM north of the $241MM threshold.

Anthony Santander’s Contract With Blue Jays Includes Nearly $62MM In Deferrals

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The Blue Jays finalized their five-year free agent deal with Anthony Santander this week. The deal came with a $92.5MM guarantee but was known to include heavy deferrals. Sportsnet’s Ben Nicholson-Smith first reported on Monday that MLB calculated the contract’s net present closer to $70MM.

Shi Davidi of Sportsnet reported more specifics on the contract structure this afternoon. The NPV landed just under $68.6MM, which comes with an approximate $13.7MM annual competitive balance tax hit. The deal includes $61.75MM in deferred money. The specific layout is as follows:

  • $13.5MM signing bonus ($6.75MM deferred)
  • $13.5MM salary in 2025 ($10MM deferred)
  • $16.5MM salary in 2026 ($10MM deferred)
  • $16.5MM salary in 2027 ($10MM deferred)
  • $14.75MM salary in 2028 ($10MM deferred)
  • $12.75MM salary in 2029 ($10MM deferred)
  • $15MM club option for 2030; guaranteed a $5MM buyout, which would be completely deferred

Santander has an opt-out after the ’27 season. He’s owed $60MM over the first three years, so he’d be weighing whether to leave two years and $32.5MM ($25MM of which would be deferred) on the table. If he opts out, Toronto can override that by guaranteeing his 2030 salary at $17.5MM. That would also escalate Santander’s salaries for the 2028 and ’29 seasons to $17.25MM and $15.25MM, respectively. The maximum value is $110MM over six years — which would only be reached if Santander opts out and the Jays override it.

At the start of the offseason, the slugger was reportedly seeking five years and a nine-figure guarantee. He got the five years but came up well shy of $100MM from an NPV perspective. MLBTR predicted Santander for four years and $80MM at the beginning of the offseason. He beat that on raw money but did not get there in terms of net present value.

The Jays are into luxury tax territory. They’re taxed at a 20% rate on spending between $241MM and $261MM. They’re close to the $261MM cutoff. Adding Santander likely comes with around a $3MM tax hit for the upcoming season. Toronto would be taxed at a 32% clip for spending between $261MM and $281MM.

Blue Jays Have Also Shown Interest In Ryan Pressly

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If the Astros trade Ryan Pressly, the Cubs appear the likeliest landing spot. USA Today’s Bob Nightengale reported this evening that Chicago was nearing a deal for the veteran reliever. Multiple reports from the Houston beat indicated that Pressly has not agreed to waive his no-trade rights, however. It’s also not clear if the Cubs and Astros had agreed to a final trade package and were awaiting Pressly’s decision, or if the teams merely felt they were making progress in those conversations.

Chandler Rome, Sahadev Sharma and Patrick Mooney of The Athletic report that while the Cubs are serious suitors for the two-time All-Star, no deal is believed to be imminent. According to The Athletic, the Blue Jays and at least one mystery team from the West Coast have also expressed interest. Brian McTaggart of MLB.com similarly wrote this evening that the Astros have fielded interest from multiple clubs on Pressly.

In any case, the 36-year-old righty controls his destination. Pressly has full no-trade protection as a player with at least 10 years of MLB service and five-plus service years with his current team. He grew up in the Dallas area and has pitched in Houston since the 2018 trade deadline. His wife Katharine is a Houston native. It’s not out of the question that he and his family simply prefer to stay there.

Whether Pressly would waive his no-trade clause to join the Cubs, Blue Jays or anyone else remains to be seen. There is no definitive reporting that he is unwilling to move. All that is clear is that he has not approved a trade to this point.

This could be a key decision for Houston’s overall offseason. The Astros have an offer out to Alex Bregman. In recent days, they’ve resumed talks with their longtime third baseman. Bregman is still pursuing a long-term contract; Houston’s initial offer was reportedly for $156MM over six years. The Astros project around $3MM north of the base luxury tax threshold. Offloading a few million dollars could allow them to duck below the CBT line for the moment. Signing Bregman would undoubtedly push them back into tax territory, though that’s perhaps an easier sell for ownership than it would be to pay the CBT even if he walks.

Pressly combined for 110 appearances between 2023-24, which triggered a $14MM vesting option on his deal. That’s probably a little above market value but not dramatically so. José Leclerc and Andrew Kittredge each signed $10MM free agent contracts this winter. Blake Treinen, who is six months older than Pressly, landed two years at $11MM annually.

After serving as Houston’s closer between 2020-23, Pressly moved into a setup role last year. That was in response to their late strike to add Josh Hader on a five-year free agent deal. He had a solid season, working to a 3.49 earned run average through 56 2/3 frames. Pressly’s strikeout rate dropped to a league average 23.8% clip — his lowest mark since his 2018 breakout —  but he posted a solid 7.4% walk rate while picking up 25 holds.

The Cubs and Jays could each offer Pressly their closer role. Chicago has a few less experienced pitchers (e.g. Porter Hodge, Nate Pearson, Tyson Miller) who could compete for saves. Toronto has already added Jeff Hoffman, Yimi García and Nick Sandlin this offseason. That trio joins Chad Green and Erik Swanson in the high-leverage mix. Hoffman is probably the favorite for the ninth inning, but he has been a setup man for most of his career. He recorded 10 of his 12 career saves for the Phillies last season. Pressly saved at least 26 games in each of his three full seasons as Houston’s closer.

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