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2020 Vesting Options Update

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With over two-thirds of the 2019 season in the books, let’s check in to see how seven players are progressing towards possible vesting options in their contracts.  For those unfamiliar with the term, a vesting option is an agreed-upon threshold within a player’s contract (usually based on health and/or playing time) that, if achieved, allows the player to alter the terms of the contract for the next season, and perhaps beyond in some cases.

Some vesting options aren’t reported, so it could be that more players beyond this septet could also be playing towards gaining more guaranteed money or contractual freedom for the 2020 season.  For now, let’s examine just these seven names…

Yonder Alonso, Rockies: Under the terms of the two-year, $16MM deal Alonso signed with the Indians in the 2017-18 offseason, his $9MM club option (with a $1MM buyout) for 2020 becomes guaranteed if the first baseman first passes a physical, and then hit plate-appearance benchmarks.  Unfortunately for Alonso, he has only 287 PA this season, so he’s on pace to fall well short of reaching either 550 PA in 2019 or 1100 total PA in 2018-19 — either of which would’ve caused his option to vest.

Andrew Cashner, Red Sox: Having struggled through six starts since coming to Boston in a trade from the Orioles, the Sox have a legitimate performance-related reason for moving Cashner out of their rotation.  There would also be a financial motive involved, as Cashner’s $10MM club option for 2020 would become guaranteed if he amasses 340 total innings in 2018-19.  After today’s abbreviated outing against the Angels, Cashner now has 279 2/3 IP over the last two seasons, putting him within distant range of causing his option to vest if he keeps receiving starts.  (Incidentally, the option could also vest into a player option if Cashner hits the 360-inning threshold.)

Sean Doolittle, Nationals: The closer finished his league-high 47th game of the season today, giving him 82 games finished since the start of the 2018 season.  Should Doolittle reach 100 games finished, the Nationals’ $6.5MM club option ($500K buyout) on Doolittle for 2020 would vest into a mutual option, giving him the opportunity to opt out of his contract and enter into free agency.  This is definitely one to watch down the stretch, since with the Nats in a postseason race and the rest of their bullpen struggling, D.C. won’t hesitate to use their closer for every save situation possible.  Manager Davey Martinez has used Doolittle in a traditional late-game role, so shifting him into high-leverage situations outside of the ninth inning to cut down on his games-finished numbers would be a risky (and controversial) tactic, to say the least.

Chris Iannetta, Rockies: With 110 starts at catcher since the beginning of the 2018 season, Iannetta won’t reach the 220 catching starts he needed to convert the Rockies’ $4.25MM club option on his services for 2020 into a guarantee.

Wade LeBlanc, Mariners: The unique extension signed by LeBlanc in July 2018 carried three $5MM club option years for 2020-22 that can all vest into guarantees.  That 2020 option turns into guaranteed money if LeBlanc throws 160 innings in 2019 and doesn’t have a left arm injury at season’s end.  A month-long IL stint due to an oblique strain earlier this season almost certainly ended LeBlanc’s chance at the 160-inning plateau, as he has only 98 IP thus far.  While he’s still eating a good share of innings as a “bulk pitcher” behind an opener in most outings, it seems likely that LeBlanc won’t reach his vesting threshold.

Brandon Morrow, Cubs: Morrow’s two-year, $21MM deal carried a 2020 vesting option worth $12MM, or a $3MM buyout.  It wasn’t actually known what the terms were of this option, though since injuries have kept Morrow from pitching since July 15, 2018, it’s safe to assume the option won’t vest, and Morrow will be a free agent this winter.

Oliver Perez, Indians: The veteran southpaw appeared in his 49th game of the season today, so barring injury, he’s a lock to hit the 55 appearances required to guarantee his $2.75MM club option for 2020.  He also seems like a pretty safe bet to lock in even more money, as that option will be guaranteed at $3MM if Perez pitches in 60 games.  The Tribe likely won’t at all mind having Perez back for another season, as the reliever continues to dominate left-handed batters.

Juan Soto Exits Game With Right Ankle Sprain

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Nationals outfielder Juan Soto left Sunday’s matchup with the Mets in the seventh inning after suffering an apparent ankle injury while rounding third base. Following the Nats’ win, Sam Fortier of the Washington Post reports that Soto suffered a mild ankle sprain and that X-rays came back negative. Soto has been listed as day-to-day.

Needless to say, Sunday’s victory was a bittersweet one after a nerve-wracking scene saw the team’s star 20-year-old roll his ankle while rounding third. However, it appears that the Nationals and their fans can breathe a tentative sigh of relief; the injury won’t require an IL stint and Soto likely won’t miss an expended period. In fact, Alex Chappell of MASN adds that Soto suggested that he may be able to return to the lineup as early as tomorrow. Of course, it seems likely that the Nationals will be careful not to rush their phenom back to action, but it’s a promising sign that Soto anticipates a hasty return.

Soto has entered rarefied air with prodigious offensive success at such an advanced age, displaying elite plate discipline and power that has fueled a .944 OPS this season, solidifying himself as a cornerstone of the playoff-hopeful Nationals lineup. Should he miss a game or two over the next few days, the Nationals are well-equipped with Gerardo Parra on tap to step into the lineup. Parra, though surely an offensive downgrade from the unparalleled Soto, has enjoyed a successful Nats tenure, posting a solid .845 OPS in 58 games as the club’s reserve outfielder.

Latest on Max Scherzer

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11:29 am: Scherzer will throw a simulated game Tuesday, at which point the Nationals will reevaluate his timetable, Kerr adds.

10:21 am: It seems Scherzer came out of the bullpen session unscathed. Asked today by reporters how he’s feeling, Scherzer gave a thumbs up, tweets Byron Kerr of MASN, surely an encouraging sign for Nats’ fans.

8:37 am: The Nationals are clinging to a half-game lead in the NL Wild Card entering Sunday’s series finale against the charging Mets. Their playoff odds, per Fangraphs, sit at a strong 67.8%, with a small but non-zero chance they overcome their current 6.5 game deficit in the NL East. Since placing their ace Max Scherzer on the injured list July 29, though, the club has gone just 5-6 against a slew of teams in a similar position to them in the standings. Fortunately, the 35 year-old took something of a step forward in his recovery yesterday, as Sam Fortier of the Washington Post reports.

Scherzer tossed a 36-pitch bullpen session without discomfort Saturday, his first mound work since he hit the shelf. Both the pitcher and manager Dave Martinez were moderately encouraged with the session, although Scherzer predictably expressed some frustration with missing time at all.

That’s not to say we’ll see Scherzer on the mound immediately, though. The club still hasn’t put forth a timetable for his return, and Martinez told Fortier the club plans to be “very cautious” with the hurler to keep him healthy for the stretch run. As Fortier adds on Twitter, that may eventually mean Scherzer needs to make a minor-league rehab start as a tune-up before returning to an MLB mound. It seems the biggest test of the weekend will actually be how Scherzer feels today, as his previous injury popped up the day after his start, not while he was on the mound.

It’s easy to understand why Washington wants to be patient with its ace, even amidst the heat of a pennant race. For one, it’s arguable the club and player have already paid the price for impatience. Scherzer initially hit the IL with a mid-back strain July 13, returned just twelve days later, then went back on the shelf after one start with the current upper back problem. Whether Scherzer’s second injury was a foreseeable consequence of his quick return from the first is anyone’s guess, but his having multiple IL stints in a short period of time no doubt plays a role in the organization’s cautious approach this go-round.

Additionally, Scherzer is among the most important pieces in the organization. While he’s already more than made good on the club’s sizable free agent investment, he’s under contract for $30 million over the next two seasons (with another $105 million in deferred money to be paid through 2028), as Kiley McDaniel of Fangraphs recently explained. Anticipating another two years of stellar production, the club wants to make sure Scherzer’s at his best before he returns to action.

Despite his age, Scherzer continued to dazzle in 2019 pre-injury. His 2.41 ERA ranks third leaguewide (minimum 100 innings), while his combination of strikeouts (35.3%) and walks (4.7%) is the best in MLB. Scherzer’s been among the best pitchers of this decade, having accrued 200+ innings with an ERA of 3.15 or below every year between 2013 and 2018. While the injuries will keep him from that 200 inning mark this season, he remains dominant as ever on a rate basis, making his health situation one of the most noteworthy around the league as we approach the season’s stretch run.

Scott Boras’ Relationship With Ted Lerner Adds Wrinkle To Rendon Negotiations

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Anthony Rendon has long been one of baseball’s more avuncular superstars. As easygoing in temperament as he is fluid in his athleticism, when Rendon takes the field for the Nationals, he looks like he’s playing, well, a game. He’s quick to dispel incorrect assumptions about the game that stem from platitudes, he doesn’t put on airs (or shoes) for the press, and if he doesn’t feel like talking, he doesn’t. He said quite a bit last week on 106.7’s The Fan, however, and those listening walked away with the distinct impression that Rendon would be testing free agency at the end of the season.

Of course, pending free agents rarely extend this close to the bell, and Rendon is not one to surrender his autonomy unnecessarily. That doesn’t mean, however, that his departure from Washington is a foregone conclusion. Rendon met with his agent Scott Boras last week in Phoenix, after which Boras met with Nats ownership to continue an ongoing dialogue about Rendon’s future with the team, per Jesse Dougherty of the Washington Post.

Every team has agents or other front offices they are comfortable dealing with, and for the Nationals, funny as it sounds, a Scott Boras negotiation is a world in which they are at ease. Boras and Ted Lerner – the Nats’ principal owner – have built up a fair amount of trust over the years through pulling together nearly every type of superstar negotiation, from an early extension for Stephen Strasburg, to the free agent signing of Max Scherzer, to the departure of Bryce Harper last offseason.

While it may sound overly optimistic to point to Harper’s free agency departure as a touchstone of a positive working relationship, it very well may be. Lerner and Boras know the game between them at this point, and while the ultimate price for Rendon may exceed what the Lerner’s are willing to pay, there aren’t a lot of unknowns between the parties.

Still, both Boras and Rendon have made a point to isolate Rendon as the decision-maker in the relationship, and given Rendon’s independent streak they probably mean it. Rendon sounded almost bitter over not having had an extension hammered out at any point previous during his 6-year relationship with the Nationals, but he also made clear that there is a price at which he’d happily re-up with the Nats. That price is bound to be exorbitant, perhaps even exceeding Nolan Arenado’s extension, but the premium would be to forego the opportunity to explore the market. Given Lerner’s relationship with Boras, that would seem to be an unnecessary expense on Lerner’s part.

Given the way Rendon has played this season, he has no reason to settle for anything less than top dollar. The underrated superstar has put together an MVP-type year, .315/.400/.608 while tying a career-high with 25 home runs (it’s August). His 153 wRC+ places him sixth among all qualified batters in the MLB, first overall in the majors among infielders. He is a singular superstar – in play and personality – and Boras’ relationship with Lerner only factors if Rendon, 29, really wants to stay in Washington. Positionally, third base is – after catcher – perhaps the most siloed in baseball, eliminating a couple contenders for his services (including his hometown team in Houston). Regardless, he no doubt will have alternatives if he does’t get what he wants from Washington once the season is over.

Speculatively speaking, Rendon would be an appropriate spiritual successor to Adrian Beltre in Texas – his home state. The Braves or Phillies could make a play to steal Rendon from a rival, though both teams have long-term answers nearby in Austin Riley and Alec Bohm. Looking elsewhere in the National League, the Cubs, Giants, Padres, Rockies, Diamondbacks, Cardinals, Dodgers, and Reds already have money committed to third base, while the Pirates, Mets and Marlins have cheap options on hand. The American League has more third base slots available, but few offer the competitive environment available to Rendon in Washington.

The Nationals worked hard to stay under the tax this year, but they haven’t been shy about going over in the past, and they actually have a fair amount of payroll space to work with next year with Ryan Zimmerman’s $18MM coming off the books. Giving the keys to what-has-been Zimmerman’s house over to Rendon makes a lot of sense from a narrative standpoint. Rendon already supplanted Zimmerman at third base. No matter the outcome, the contract negotiations should linger into the offseason, and all parties involved seem comfortable with that.

Max Scherzer May Throw Bullpen Session Today

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The Nationals shouldered another late-inning loss at Citi Field last night as Sean Doolittle folded in the ninth for four runs and the loss. Max Scherzer’s return is more vital now than ever for the Nats, but there’s still not a clear timetable for his activation from the injured list. He threw off flat ground yesterday and may follow it up with a bullpen session today, but the Nationals are content being cautious with their ace, per MASN’s Byron Kerr (via Twitter). Joe Ross has stepped up in Scherzer’s absence with back-to-back scoreless outings on the road. Lowering a 9.85 ERA to 6.75 over the course of two starts must feel pretty good for Ross, but Scherzer’s health remains Washington’s focus. When he does return, Washington will decide between Ross and Erick Fedde for the fifth starter spot. Let’s head to the American League for a couple of health updates…

Giants Claim Kyle Barraclough

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The Giants have claimed right-handed reliever Kyle Barraclough off waivers from the Nationals, Andrew Baggarly of The Athletic reports. He’ll head to Triple-A Sacramento. Meanwhile, infielder Tyler Austin has elected free agency after clearing waivers (Twitter links).

Barraclough was a failed offseason pickup for the Nationals, who acquired him with the expectation he’d help repair their bullpen. Instead, the 29-year-old recorded a 6.66 ERA/6.57 FIP with 10.52 K/9 against 4.21 BB/9 in 25 2/3 innings. The Nationals then designated him for assignment earlier this week.

Austin, 27, joined Barraclough in being designated this week. He struggled to a .187/.283/.403 line with eight home runs in 152 plate appearances this season before the Giants moved on from him.

Tony Sipp Clears Waivers, Becomes Free Agent

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Three days after the Nationals requested released waivers on Tony Sipp, the left-handed reliever has cleared and is now a free agent, Jon Heyman of MLB Network tweets. Washington will pay Sipp the remainder of his $1MM salary for this year and a $250K buyout for 2020.

The fact that the 36-year-old Sipp couldn’t stick in what has been a dicey Nationals bullpen looks damning. He logged a 4.71 ERA (albeit with a far more encouraging 3.55 FIP) and 7.71 K/9 against 3.86 BB/9 in 21 innings with the club this year after it signed him to a low-cost deal a couple weeks before the season.

Along with posting shoddy run prevention numbers, Sipp saw his velocity and strikeout rates tumble compared to where they were last year as an Astro. At the same time, though, Sipp limited same- and right-handed hitters to sub-.290 weighted on-base average marks as a Nat this season. Sipp’s also just a year removed from an exemplary showing in Houston, where he posted a 1.86 ERA/2.41 FIP with 9.78 K/9 and 3.03 BB/9 over 38 2/3 innings. Now, considering Sipp’s only in line to collect the league minimum on his next contract, some contender looking for an established late-game lefty may well take a flier on him in the coming weeks.

Nationals Designate Kyle Barraclough For Assignment

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The Nationals have designated right-hander Kyle Barraclough for assignment, per a team announcement. His spot on the roster will go to infielder Asdrubal Cabrera, whose previously reported one-year contract has now been officially announced by the Nationals. Infielder Adrian Sanchez has been optioned to Double-A Harrisburg in an additional corresponding move.

Acquired in a rare October trade that sent international bonus allotments from Washington to Miami, Barraclough was viewed as a controllable, buy-low ’pen option at the time the Nationals picked him up. While he was fresh off a fairly disappointing 4.20 ERA in 55 2/3 innings, Barraclough joined the Nationals with a long track record of missing bats and posting quality bottom-line results to match his gaudy strikeout totals. From 2015-18, Barraclough pitched to a 3.21 earned run average with 11.5 K/9 against 5.5 BB/9 in 218 2/3 innings of work. Although his walk rate was too high, he offset some of those strike-throwing issues with a minimal 0.6 HR/9 mark.

The 2019 campaign, however, proved to be an unmitigated disaster for Barraclough. Gone was his penchant for limiting the long ball — a problem that has plagued many hurlers throughout the league, albeit not to this extent — as he served up eight dingers in just 25 2/3 innings. Barraclough’s time with the Nationals will likely come to a close with a dismal 6.66 ERA and a 30-to-12 K/BB ratio in those 25 2/3 frames.

The Nats won’t have the opportunity to trade him thanks to the newly implemented August trade restrictions, but they could potentially save a bit of cash if another organization claims Barraclough on outright waivers. While this year’s results are obviously troubling, the 29-year-old Barraclough is making $1.725MM in 2019 and is controllable through the 2021 season.

A team willing to take on his remaining $510K salary this season would only owe him a small raise in arbitration and then would have the opportunity to help the right-hander round back into form. Between that and the fact that Barraclough has two minor league option years remaining beyond the 2019 campaign, a claim seems fairly likely. Other clubs have limited access to acquiring depth, and an optionable bullpen piece with a solid pre-2019 track record will be difficult to come by between now and the Aug. 31 deadline for postseason eligibility.

Nationals Request Release Waivers On Tony Sipp

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Lefty Tony Sipp is likely headed back to the open market. The veteran reliever rejected an outright assignment and is now on release waivers, according to Jesse Dougherty of the Washington Post (via Twitter). Having already cleared outright waivers, it seems a foregone conclusion that Sipp will reach free agency.

Sipp was dropped from the Nationals’ 40-man roster recently as the team completed a reshaping of its relief corps. The southpaw will receive the remainder of his $1MM guaranteed salary, along with a $250K buyout on a 2020 mutual option, regardless of where he ends up landing next.

There’s little doubt that the southpaw specialist will draw interest from other organizations, though it’s hardly clear whether any will woo him with promises of an immediate MLB job. He’ll be available for just the league-minimum rate of pay, with any earnings partially offsetting the Nats’ remaining obligations.

The 36-year-old Sipp may be a tough player to fit on a 25-man roster right now, but he’d surely be welcome once rosters expand. While he didn’t fare well in D.C. by measure of results (4.71 ERA) or Statcast measures (.284 wOBA-against vs. .340 xwOBA-against), Sipp was still capable of a 12.7% swinging-strike rate.

Nationals To Sign Asdrubal Cabrera

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Not long after his formal release by the Rangers, veteran infielder Asdrubal Cabrera has agreed to join the Nationals, according to Jon Heyman of MLB Network (via Twitter). It’s a major-league deal, per the report.

Because Cabrera was cut loose, the Rangers will remain obligated to him for the remainder of his $3.5MM salary. But they’ll save a pro-rated portion of the league minimum for whatever time Cabrera remains with the Nats.

It has been a few years, but Cabrera is a familiar face in D.C. He spent the last few months of the 2014 season with the club after a trade from the Indians, his long-time team. Cabrera has appeared with four additional teams in the intervening years.

The match is a clear one given the current roster demands faced by the Nationals. Howie Kendrick just joined Ryan Zimmerman on the injured list, leaving the team with light-hitting utilityman Adrian Sanchez as its lone reserve infielder.

It remains to be seen whether Cabrera will be a temporary fill-in or key roster piece down the stretch. His performance will no doubt help dictate the situation.

The switch-hitting Cabrera will be looking to bounce back from a brutal run with the Rangers. Not only did he limp to a .235/.318/.393 batting output, one of the worst extended runs of his career, but Cabrera was actually fortunate to post those numbers in light of the low-quality contact he made (.308 wOBA, .287 xwOBA).

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