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Brewers, Corbin Burnes Avoid Arbitration

By Nick Deeds | January 11, 2024 at 8:40pm CDT

The Brewers and right-hander Corbin Burnes have agreed to a one-year deal worth $15.637MM for the 2024 campaign to avoid arbitration, according to Jon Heyman of the New York Post.

Burnes, 29, put together a strong season in 2023 with a 3.39 ERA in 193 2/3 trips to the plate. That performance earned him a third consecutive All Star appearance and and eighth-place finish in NL Cy Young award voting, his fourth consecutive season placing in the top eight or higher. That being said, the 2023 campaign did see Burnes take some small steps back as well. Though he punched out 200 batters for the third straight season, the right-hander’s 25.5% strikeout rate was the lowest of his career since a 38-inning cup of coffee out of the Milwaukee bullpen back in 2018. Meanwhile, Burnes allowed free passes at an 8.4% clip after entering the season with a career 6.7% walk rate.

Despite those concerns, Burnes was nonetheless among the best pitchers in the league last season, with a 3.4 fWAR that ranked 19th among qualified starters last season alongside the likes of Luis Castillo and Kodai Senga. That earned Burnes a salary slightly above the $15.1MM projection put forth by MLBTR contributor Matt Swartz back in October. It’s perhaps particularly noteworthy for Burnes and the Brewers to agree to a deal rather than head to an arbitration hearing given the right-hander’s comments last February on the heels of his loss in a hearing against the club regarding his 2023 salary, where the sides were apart by just $750K. Given the contentious hearing the sides went through last year, it’s hardly surprising that both sides would prefer to avoid a similar situation this winter, Burnes’s final before hitting free agency next offseason.

Burnes has been the subject of plenty of trade rumors this offseason. While that’s hardly a surprise given his contractual status and Milwaukee’s decision to non-tender co-ace Brandon Woodruff earlier this winter, comments from GM Matt Arnold have indicated that the Brewers still plan on Burnes taking the ball for the club on Opening Day. That, of course, could change as the offseason continues to progress. It’s worth noting that, whether or not Burnes ends up traded before the season begins, he’s publicly made clear that he’s unlikely to sign an extension this winter and looks forward to hitting the open market come November. In the meantime, however, the right-hander projects at the front of a Brewers rotation that also features Freddy Peralta, Wade Miley, Colin Rea, and Joe Ross.

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Milwaukee Brewers Transactions Corbin Burnes

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Diamondbacks, Zac Gallen Avoid Arbitration

By Darragh McDonald | January 11, 2024 at 8:30pm CDT

The Diamondbacks and right-hander Zac Gallen have avoided arbitration, per Mark Feinsand of MLB.com. The Boras Corporation client will make a salary of $10.011MM this year.

Gallen, 28, has established himself as an ace-level pitcher and is coming off a second consecutive excellent season. In 2023, he made 34 starts and tallied 210 innings with a 3.47 earned run average. He struck out 26% of batters that came to the plate against him, walked just 5.6% of them and kept 41.8% of balls in play on the ground.

The righty was then a key part of the Diamondbacks making a surprise charge to the World Series. Though his ERA ticked up to 4.54 in the postseason, he logged 33 2/3 innings over six starts, a notable workload for a club without much pitching depth.

He was a third-round pick of the Cardinals but he was twice traded to end up in the desert. He was one of four players that went to the Marlins in the Marcell Ozuna trade and later was flipped to the Snakes for Jazz Chisholm Jr. He first qualified for arbitration going into 2023 and played last year on a $5.6MM salary, now getting into eight-figure territory. He will be due one more raise in 2025 before he’s slated for free agency.

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Arizona Diamondbacks Transactions Zac Gallen

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Rangers Sign Andrew Knizner

By Darragh McDonald | January 11, 2024 at 8:15pm CDT

The Rangers have signed catcher Andrew Knizner, reports Jon Heyman of The New York Post. The CAA Sports client will make a salary of $1.825MM.

Knizner, 29 in February, will join a new organization for the first time in his career. He was drafted by the Cardinals in 2016 and was with that club until he was non-tendered in November of 2023. On his way up the minor league ladder, he was considered a bat-first catcher with questions about whether his defense would be good enough.

He got brief looks in the majors in each of the past five seasons but didn’t get significant playing time as the Cardinals employed Yadier Molina as their primary backstop until he retired, then signed Willson Contreras to replace him. His bat didn’t impress much at the big league level in the 2019 to 2022 period but he showed a bit of promise last year. He hit 10 home runs in 241 plate appearances but his 5% walk rate and 25.7% strikeout rate were both a bit worse than average. His .241/.288/.424 batting line translated to a wRC+ of 92, which is 8% below league average overall but about par for a catcher.

But his glovework hasn’t been strong, as was suggested by prospect evaluators over the years. He has a career tally of -18 Defensive Runs Saved and is considered a poor framer by each of FanGraphs, Baseball Prospectus and Statcast. He’s considered a decent blocker by Statcast but his work with the throwing game is considered subpar.

MLBTR contributor Matt Swartz projected him for a modest salary of $2MM this year but the Cards decided to cut him loose. They have Contreras in the starting role behind the plate and Iván Herrera on hand to handle the backup duties.

The Rangers have given Knizner a salary that comes in just beneath that projection. They have Jonah Heim as their primary catcher but lost their bat-first backup when Mitch Garver reached free agency and signed with the Mariners. They also have Sam Huff on the 40-man roster but both he and Knizner still have an option year remaining, which will allow the club to keep one of them in the minors as depth.

Knizner has four years and 21 days of service time, meaning he can be retained for 2025 via arbitration if he has a good season and the Rangers want to keep him around. A lengthy option assignment could even extend their club control by another year. His major league hitting hasn’t been overwhelming thus far but he has hit .303/.369/.461 in his minor league career. He was also a late conversion to catching in college and could perhaps still be developing his skills as a defender.

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Texas Rangers Transactions Andrew Knizner

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Mets, Pete Alonso Avoid Arbitration

By Darragh McDonald | January 11, 2024 at 7:40pm CDT

The Mets and first baseman Pete Alonso have avoided arbitration, reports Jeff Passan of ESPN. The Boras Corporation client will make a salary of $20.5MM this year.

Alonso, 29, is coming off yet another potent year at the plate. His 46 home runs in 2023 were a jump from his 40 long balls a year prior. He has finished each full season of his career with between 37 and 53 homers. His batting line of .217/.318/.504 from last year translated to a wRC+ of 121, indicating he was 21% above league average at the plate. The reviews of his defense have been mixed in his career but he generally posted solid results in 2023. He also managed to steal four bases on the year.

Since Alonso cracked the Opening Day roster in 2019, he now has exactly five years of major league service time. He first qualified for arbitration going into the 2022 season and agreed to a $7.4MM salary that year, followed by a $14.5MM figure last year. MLBTR contributor Matt Swartz projected Alonso for a raise to $22MM but he’ll settle for a figure just beneath that.

Due to the Mets taking a sort of step back in 2024, Alonso’s final year of arbitration before he’s slated for free agency, there has been a lot of speculation about the club either trading him or signing him to a contract extension. To this point, neither has happened. New president of baseball operations David Stearns has repeatedly stated that he expects Alonso to be the club’s starting first baseman this year and also spoke this week about the difficulties of signing a player to an extension when they are this close to free agency.

Alonso’s fate would appear to be in the hands of the club. If the Mets falter and are out of contention by the deadline, he will be a top trade candidate in rumors this summer. If they remain in contention, perhaps he will stick with the club through the year and receive a qualifying offer at season’s end. The latter scenario wouldn’t be a guarantee that he would be destined to join another club. The Mets re-signed Brandon Nimmo after he reached free agency and also reached a new deal with Edwin Díaz just as he was about to hit the open market.

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New York Mets Transactions Pete Alonso

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Yankees, Gleyber Torres Avoid Arbitration

By Darragh McDonald and Steve Adams | January 11, 2024 at 7:22pm CDT

The Yankees and infielder Gleyber Torres have avoided arbitration, per Joel Sherman of The New York Post. The Octagon client will make $14.2MM this year in his final year of club control before reaching free agency.

Torres just turned 27 in December, so he’s on track to become a free agent at an earlier point of his career than most free agents. He put together a strong .273/.347/.453 slash in 672 trips to the plate in 2023, popping 25 home runs and connecting on 28 doubles and a pair of triples. Torres walked at a 10% clip — the highest mark of his career in a full season — and struck out at a career-low 14.6% clip. He added 13 steals in 19 tries as well. Both Defensive Runs Saved (-4) and Outs Above Average (-3) pegged him as a slightly below-average defender, but neither portrayed him as a pure liability. Torres’ well-rounded offensive output more than offset any shortcomings with the glove.

While Torres has been an oft-rumored trade candidate throughout his Yankees tenure, it seems increasingly likely that he’ll play out his final season of club control in Yankee pinstripes. He was the team’s second-best hitter behind Aaron Judge last season, and the Yanks are going all out in an effort to return to the postseason after last year’s miss — evidenced by their acquisition of Juan Soto, their aggressive (but unsuccessful) pursuit of Yoshinobu Yamamoto, and tonight’s subsequent $37MM deal with right-hander Marcus Stroman. Add in the club’s trade for division rival outfielder Alex Verdugo and the potential for some further free-agent upgrades in the bullpen, and it’s clear the Yankees are focused on putting the best possible team on the field. Torres should be a pivotal part of that.

Torres has had an up-and-down tenure in the Bronx. He’ll probably never replicate the 38-homer season he delivered in the juiced-ball campaign back in 2019, but after moving off shortstop to a second base position that suits him far better, he’s been a consistently above-average hitter. Whether that’s pure happenstance or whether the pressures of struggling at shortstop were weighing on him at the plate can never be definitively proven, but either way, Torres has hit .266/.330/.452 since his position change.

Assuming he’s able to author a third consecutive season in that general vicinity, Torres will reach free agency next year as one of the top infielders available — both based on his age and his offensive track record. He’d be a surefire candidate to receive and reject a qualifying offer, giving the Yankees the opportunity to recoup some value in the form of a 2025 draft pick (as will be the case with the aforementioned Soto). That could well be the ultimate route for Torres, too, as the Yankees could turn the second base job over to prospect Oswald Peraza in 2025, when he’ll still be just 24 years of age.

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New York Yankees Transactions Gleyber Torres

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Yankees, Juan Soto Avoid Arbitration

By Nick Deeds and Steve Adams | January 11, 2024 at 7:18pm CDT

The Yankees and star outfielder Juan Soto have avoided arbitration, according to Joel Sherman of the New York Post. The sides settled upon a $31MM salary for the 2024 season — a new record for the largest salary every agreed to by an arbitration-eligible player. Soto, a client of the Boras Corporation, surpasses the $30MM benchmark that was established by two-time AL MVP Shohei Ohtani just last offseason.

The 25-year-old Soto is coming off another strong season at the plate. After being shipped to the Padres at the 2022 trade deadline, the young phenom struggled with his new club early in the 2023 campaign with a .183/.345/.344 slash line in his first 27 games.

Soto managed to flip a switch from there, however, slashing an excellent .293/.423/.554 the rest of the way to elevate his season-long slash line to a strong .275/.410/.519. The performance saw Soto walk more often than he struck out for the fourth consecutive season, earn his third consecutive All-Star appearance as well as his fourth consecutive Silver Slugger award, and finish sixth in NL MVP voting while appearing in all 162 games for San Diego.

Between that walk year performance and the three prior times he’d been through the arbitration process as a Super Two player, Soto now stands alone as the highest-paid arbitration player in history (at least on a one-year deal). A new record was always the expectation; MLBTR contributor Matt Swartz’s model projected a $33MM salary for Soto, and both the Padres and the Yankees were surely anticipating a new highwater mark as well.

The looming precedent served as the impetus behind the deal that shipped Soto to the Bronx earlier this winter, as the Yankees surrendered right-handers Michael King, Jhony Brito, and Randy Vasquez as well as catcher Kyle Higashioka and top pitching prospect Drew Thorpe to acquire Soto and center fielder Trent Grisham. The Padres, after years of ultra-aggressive spending in free agency and on the trade market, were known to be looking to scale back payroll by as much as $50MM and simultaneously looking to replenish a rotation mix that lost Blake Snell, Seth Lugo, Nick Martinez and Michael Wacha to free agency.

Soto’s stop in the Bronx could well be for one year, though the Yankees will surely do everything in their power to keep him long-term. However, he’ll reach free agency at just 26 years of age next winter and do so as one of the most accomplished young bats to ever reach the open market so early.

The rarity of this type of talent becoming a free agent at such a young age could position Soto to command a contract in excess of the $460MM net present value of Ohtani’s extraordinarily deferred 10-year, $700MM deal — and it’s also possible that he could lock in the lengthiest contract ever put forth if he and agent Scott Boras prioritize that. Last offseason saw teams willing to dole out contracts greater than a decade in length to Trea Turner and Xander Bogaerts, each running through the players’ age-40 season. A contract covering Soto’s age-40 season would need to extend a mammoth 15 years in length, but for a player of this caliber at such a young age, anything could be on the table.

Soto, in fact, already rejected a staggering 15-year, $440MM contract offer from the Nationals back in 2021, which led to his original trade from D.C. to San Diego. Detractors panned the decision at the time, but with today’s $31MM agreement, he’ll already have pocketed $54MM since spurning that overture. He’ll “only” need to top $386MM in free agency to come out ahead, and as surreal as that number sounds, it also feels quite feasible.

Any talk of a record-setting deal (or close to it) in free agency next winter is putting the cart before the horse to some extent, of course. Soto will need to remain healthy in 2024 and continue to produce at the prodigious levels we’ve come to expect throughout his incredible big league tenure. Despite having just turned 25 in October, Soto already has 160 career home runs and is a lifetime .284/.421/.524 hitter in 3375 plate appearances. That incredible OBP currently stands as the 19th-best mark in MLB history.

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New York Yankees Newsstand Transactions Juan Soto

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Astros, Framber Valdez Avoid Arbitration

By Nick Deeds | January 11, 2024 at 6:55pm CDT

The Astros and left-hander Framber Valdez have avoided arbitration by agreeing to a $12.1MM salary for the 2024 season, according to Chandler Rome of The Athletic.

Valdez, 30, took something of a step back last year from a standout 2022 campaign that saw the southpaw post a 2.82 ERA while leading the AL with 201 1/3 frames en route to a top 5 finish in AL Cy Young award voting. Nonetheless, Valdez posted strong numbers in 2023 with a 3.45 ERA that was 22% better than league average by measure of ERA+ in 198 innings of work. That solid performance was backed up by a 3.50 FIP that largely matches his top-level run prevention numbers. Looking under the hood, Valdez posted a 54.2% groundball rate that, while well above average, was actually a career low for the lefty, who generated grounders at a 66.2% clip for his career entering 2023. That being said, he countered the increased contact in the air with the best strikeout (24.8%) and walk (7.1%) rates of any 162-game season in his career.

It’s Valdez’s third trip through arbitration, though as a Super Two player the left-hander will be eligible for arbitration a fourth and final time in 2025. The $12.1MM salary for 2024 is an exact match for the projection put forth by MLBTR contributor Matt Swatz back in October. The deal continues the streak of the sides avoiding arbitration throughout Valdez’s career. Last season, the sides avoided arbitration by agreeing to a $6.8MM salary for 2023, while the sides settled on a $3MM salary for the 2022 campaign in his first year of arbitration eligibility.

Houston attempted to work out a long-term extension with the left-hander last spring, though the sides ultimately did not come together on a deal. While it’s possible the sides could look to reopen those negotiations in the coming weeks, rumors swirled last month that the Astros were listening to offers on the left-hander from at least half a dozen clubs. Between those trade rumors and the impending free agencies of second baseman Jose Altuve and third baseman Alex Bregman, both of whom GM Dana Brown has expressed interest in extending as recently as November, it seems reasonable to think any talks of a longer term arrangement with Valdez could be on hold for the time being. In the meantime, Valdez figures to be paired with veteran ace Justin Verlander at the front of Houston’s rotation with the likes of Cristian Javier, Jose Urquidy, J.P. France, and Hunter Brown also in the mix for spots in the club’s Opening Day rotation.

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Houston Astros Transactions Framber Valdez

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Astros, Kyle Tucker Avoid Arbitration

By Darragh McDonald | January 11, 2024 at 5:05pm CDT

The Astros and Kyle Tucker have avoided arbitration by agreeing to a $12MM salary for 2024, per Chandler Rome of The Athletic. The outfielder is a client of Excel Sports Management.

Tucker, 27 next week, is coming off another excellent season at the plate. He hit 29 home runs, just one beneath the even 30 he hit in each of the previous two campaigns. He also drew walks in 11.9% of plate appearances while striking out just 13.6% of the time. For reference, the major league averages in those categories were 8.6% and 22.7% in 2023. Tucker’s .284/.369/.517 batting line translated to a wRC+ of 140, indicating he was 40% above league average.

His defensive metrics slipped a bit in 2023 but he’s been solidly above average in his career overall. On the basepaths, he stole 30 bases last year, setting a new career high. He swiped 14 bags in 2021 and then 25 the year after.

Tucker first qualified for arbitration last offseason and went to a hearing with the Astros. He filed at $7.5MM but the arbiters opted for the club’s $5MM salary instead. MLBTR contributor Matt Swartz projected him for a jump to $12.6MM but he has settled for a salary just beneath that. He will be eligible for another raise in 2025 before he’s slated to reach free agency.

He and the Astros have had some extension talks in the past but the two sides didn’t appear to make much traction. Regardless, he’ll head into 2024 as part of an outfield that’s also slated to feature Jake Meyers and Chas McCormick, with Yordan Álvarez perhaps spending some time there as well when he’s not serving as the designated hitter.

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Houston Astros Transactions Kyle Tucker

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Reds To Sign Brent Suter

By Anthony Franco | January 11, 2024 at 3:32pm CDT

The Reds are in agreement with left-hander Brent Suter on a one-year deal, reports Robert Murray of FanSided. It’s a $3MM guarantee that takes the form of a $2.5MM salary in 2024 and a $500K buyout on a $3.5MM club option for ’25. The deal is still pending a physical for the Diamond Sports Management client. Cincinnati will need to make a corresponding move to clear a spot on the 40-man roster once the contract is finalized.

It’s the latest move in a pitching-heavy offseason. The Reds have added Frankie Montas to the rotation and Emilio Pagán to the late innings. Swingman Nick Martinez could contribute in either role. Suter seems ticketed for the bullpen, although he reportedly drew some interest as a starting pitcher this winter.

The 34-year-old has spent the past half-decade in relief. Suter saw some work out of the rotation early in his career with the Brewers. Despite finding a decent amount of success, he was pushed to the bullpen by 2019 as Milwaukee graduated pitchers with higher caliber stuff.

While Suter isn’t a prototypical power reliever, he has been a valuable bullpen piece. The Harvard product has turned in a sub-4.00 ERA in five straight seasons. Suter’s profile has been built around strong control and excellent contact suppression. He has posted better than average ground-ball rates over the past five seasons and is consistently one of the game’s toughest pitchers to square up.

Opponents have averaged between 84-86 MPH in exit velocity in each of the last four seasons, per Statcast. That ranked in the 95th percentile or better in all four years. Batters made hard contact (an exit velocity at or above 95 MPH) on only 26.3% of their batted balls a season ago. Among qualified pitchers, only Phil Maton, Tom Cosgrove and Tanner Scott did a better job avoiding authoritative contact.

The ability to stay off barrels allowed Suter to overcome hitter-friendly home environments. He turned in strong results in Milwaukee and had no issues acclimating to Colorado’s Coors Field after a waiver claim last offseason. In 69 1/3 innings, he turned in a 3.38 ERA for the Rockies, including a 3.66 mark in 32 frames in Denver. A track record of success in difficult home parks is surely appealing to a front office building a pitching staff in Great American Ball Park.

Nevertheless, teams generally harbor skepticism about a pitcher who succeeds on guile and command without overpowering pure stuff. Suter’s only season with an above-average strikeout rate came during the abbreviated 2020 campaign. Last year, he punched out just 18.8% of opponents while sitting in the mid-upper 80s with his sinker and four-seam fastball.

Suter’s age and lack of velocity was always likely to limit his market. It’s still somewhat surprising that he landed a $3MM guarantee. Next year’s salary is a half million dollars below the $3MM he made last year, his final arbitration season. Suter grew up in Cincinnati and attended high school there, so it seems fair to presume that geography played a role in his decision — particularly if his camp was sorting through a number of low-cost, one-year offers.

He joins Sam Moll and Alex Young as left-handed relief options for skipper David Bell. The Reds have Alexis Díaz in the ninth inning and brought back Buck Farmer to join Pagán and Lucas Sims as right-handed setup candidates. Ian Gibaut, who is out of options, could compete with Fernando Cruz and Tejay Antone for the final spot or two in the middle innings.

Image courtesy of USA Today Sports.

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Cincinnati Reds Newsstand Transactions Brent Suter

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Orioles, Anthony Santander Avoid Arbitration

By Darragh McDonald | January 11, 2024 at 2:40pm CDT

The Orioles have agreed to an $11.7MM deal with Anthony Santander to avoid arbitration, reports Robert Murray of FanSided (X link). The outfielder is a client of Beverly Hills Sports Council.

Santander, 29, is coming off yet another solid season as a potent middle-of-the-order bat with the Orioles. The switch hitter slugged 28 home runs in 2023 while batting .257/.325/.472. That line translated to a wRC+ of 119, indicating he was 19% better than the league average hitter overall. His defense isn’t considered as strong as his offense but his glovework received better grades last year than it did in 2022.

This is his fourth arbitration season, as he was a Super Two player going into 2021. He and the O’s went to a hearing that year, with the club winning and paying him a salary of $2.1MM, as opposed to his filing number of $2.475MM. He then avoided arbitration in each subsequent campaign, earning $3.15MM in 2022 and $7.4MM last year before this year’s bump into eight-figure territory. MLBTR contributor Matt Swartz projected a bump to $12.7MM, though Santander will come in a bit below that.

Due to the O’s avoiding notable free agent deals, Santander will remarkably be second on the club in terms of the salary the O’s are paying. Craig Kimbrel is at the top of he list, making a $12MM salary and he has a $1MM buyout on a 2025 option. James McCann is also set to make $12MM this year but the Mets are paying $8MM of that as part of the trade they made with the O’s just over a year ago.

Due to the club’s surplus of outfielders and position players in general, there has been some speculation the O’s would use that to line up a trade for some pitching. There’s still plenty of time for that to happen but nothing significant has happened thus far. That leaves Santander in the corner outfield/designated hitter mix alongside guys like Austin Hays, Ryan Mountcastle, Ryan O’Hearn, Sam Hilliard, Heston Kjerstad, Colton Cowser, Ryan McKenna and Kyle Stowers. Santander is slated to become a free agent after the 2024 season.

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Baltimore Orioles Transactions Anthony Santander

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