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Red Sox Acquire Carlos Narvaez From Yankees

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The Red Sox acquired catcher Carlos Narváez from the Yankees for minor league pitcher Elmer Rodriguez-Cruz and international bonus pool space. Boston designated infielder Enmanuel Valdez for assignment to open the necessary 40-man roster spot.

Narváez, 26, is a depth catcher who has been on New York’s 40-man roster since last offseason. The Venezuela native reached the majors for the first time in July. He appeared in six games, collecting three singles and two walks in 15 plate appearances. Narváez had a good year in Triple-A, hitting .254/.370/.412 with 20 doubles and 11 home runs through 403 plate appearances. He walked at an excellent 13.9% clip while striking out 26.1% of the time.

The righty-hitting Narváez strikes out a lot, but he walks enough to reach base at a solid rate. Connor Wong was the only catcher on Boston’s 40-man roster. Narváez is now the favorite for the backup job by default, though the Sox will probably look for a more established veteran in the coming months. Narváez has a pair of minor league options and could begin next season at Triple-A Worcester.

New York had five catchers on the 40-man roster. Austin Wells and Jose Trevino form the MLB duo. J.C. Escarra, who finished the season in Triple-A, secured a 40-man spot at the end of the season. Carrying Narváez and Escarra was redundant, so the Yanks cash in the former to take a flier on a young pitcher.

Rodriguez-Cruz, 21, was Boston’s fourth-round pick three years ago. The 6’3″ righty has worked as a starter in the low minors. Rodriguez-Cruz had a nice season between Low-A and High-A, working to a 2.91 ERA with a 27.2% strikeout percentage across 89 2/3 innings. The Puerto Rico native issued free passes at a lofty 11.5% clip. He’ll need to dial in his command if he’s to stick as a starter. He’s an intriguing developmental flier for the Yankees to land for a player who was at the back of the roster.

New York also picks up an undisclosed amount of money it can use to sign an international amateur before the end of the signing period on Sunday. To be clear, the signing bonus space is unrelated to Roki Sasaki. The Japanese star will be part of next year’s amateur class. Teams cannot trade for 2025 bonus allotments until that signing period begins on January 15.

Valdez gets pushed off the roster after a disappointing season. The lefty-hitting infielder posted a .214/.270/.363 slash with six homers through 223 plate appearances. That’s a big drop from last year’s intriguing .266/.311/.453 showing over 49 games as a rookie. Valdez spent a good portion of the season in Worcester, where he had a league average .233/.330/.446 line in 50 contests.

Boston has five days to trade Valdez or put him on waivers. He still has a minor league option remaining and has a career .254/.345/.473 line over parts of three Triple-A seasons. Between that and his ability to bounce between second and third base, there’s a good chance he’ll find a new home within the next week.

Red Sox Remain In Rotation Market Following Crochet Deal

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The Red Sox landed the offseason’s top rotation trade candidate this afternoon. Even after acquiring Garrett Crochet from the White Sox for a four-prospect package, Boston is on the hunt for starting pitching.

Chief baseball officer Craig Breslow told reporters that the Sox remained in the rotation market after the Crochet acquisition (Bluesky link via Pete Abraham of the Boston Globe). The Globe’s Alex Speier reports (on X) that Boston is still engaged on Corbin Burnes as well as mid-tier rotation targets.

That could evidently take the form of either a free agent move or a trade. Jon Morosi of the MLB Network tweets that the Sox are still having discussions with the Mariners regarding their starting pitching. Adam Jude and Ryan Divish of the Seattle Times reported on Monday that Seattle rebuffed interest in a framework that would’ve sent one of their young starters to the Sox for first baseman Triston Casas. President of baseball operations Jerry Dipoto has spoken repeatedly of the organization’s reluctance to even consider moving George Kirby, Logan Gilbert, Bryan Woo or Bryce Miller.

Luis Castillo could be a different story. The Mariners are reportedly open to discussing Castillo, whom they owe $68.25MM over the next three seasons. The deal also has a vesting option for 2028. According to Mark Feinsand and Daniel Kramer of MLB.com, there’s a belief within the industry that the righty is available (X link). There should be trade value, as Castillo’s deal aligns with what Luis Severino and Nathan Eovaldi have landed on three-year free agent deals. Yet Castillo isn’t as appealing as the M’s young core of much more affordable starters. That price tag surely plays into the M’s willingness to listen to offers, as they’re reportedly working with around $15-20MM in payroll room and could use multiple hitters.

It’s unlikely that the Mariners would trade Castillo strictly for prospects. They’d presumably need an MLB hitter to anchor the return. Casas might be too big an ask if they’re not sending one of their younger arms to Boston. Outfielder Wilyer Abreu is another potential Red Sox trade candidate, though the M’s have less need for an outfielder than they do for an impact bat in the corner infield like Casas.

Whether anything will come of the Sox’s pursuits remains to be seen. At the very least, it’s clear Breslow and his front office aren’t fully satisfied with a rotation comprising Crochet, Tanner Houck, Brayan Bello, Kutter Crawford and Lucas Giolito. They gave up a good package of young talent to get Crochet, but he’s eminently affordable from a financial perspective. Boston should have the flexibility to continue identifying free agent targets or take on a notable salary in trade.

2024 Rule 5 Draft Results

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The 2024 Rule 5 draft took place this afternoon at the Winter Meetings in Dallas. The results of the draft are below.

As a refresher, the Rule 5 draft is a way for players potentially talented enough for the big leagues but blocked by their current clubs to find opportunities elsewhere. Any players that were 18 and under at the time of their original signing and have played five professional seasons, and any players who signed at 19 years of age or older at signing that now have four professional seasons, who are not on a club’s 40-man roster are eligible to be selected in the Rule 5 draft.

Though the amateur (Rule 4) draft now has a lottery to determine the selection order, the Rule 5 draft still goes the old-fashioned way of reverse order of standings from the season that just ended. Clubs need to have an open 40-man roster spot in order to make a pick but aren’t obligated to make a selection on their turn. If they do make a pick, they will have to pay $100K to the team they select from. The selected players must stay on the active roster (or injured list) for the entire 2025 season or else be placed on waivers. If they clear waivers, they must be offered back to their original team. They cannot be optioned to the minors.

Last year’s edition saw some key players change clubs. The A’s took Mitch Spence from the Yankees with the top pick and kept him all year. Justin Slaten was plucked from the Rangers by the Mets and then traded to the Red Sox. Players like Anthony Santander and Ryan Pressly have been notable picks in other recent years while guys like George Bell and Roberto Clemente are found deeper in the history books.

Here are this year’s picks…

  1. White Sox: RHP Shane Smith (Brewers) (Jonathan Mayo of MLB Pipeline relayed the pick on Bluesky prior to the draft)
  2. Rockies: pass
  3. Marlins: C Liam Hicks (Tigers)
  4. Angels: LHP Garrett McDaniels (Dodgers)
  5. Athletics: RHP Noah Murdock (Royals)
  6. Nationals: RHP Evan Reifert (Rays)
  7. Blue Jays: RHP Angel Bastardo (Red Sox)
  8. Pirates: pass
  9. Reds: 2B Cooper Bowman (Athletics)
  10. Rangers: pass
  11. Giants: pass
  12. Rays: LHP Nate Lavender (Mets)
  13. Red Sox: pass
  14. Twins: RHP Eiberson Castellano (Phillies)
  15. Cardinals: pass
  16. Cubs: 3B Gage Workman (Tigers)
  17. Mariners: pass
  18. Royals: pass
  19. Tigers: pass
  20. Astros: pass
  21. Mets: pass
  22. D-backs: pass
  23. Braves: RHP Anderson Pilar (Marlins)
  24. Orioles: pass
  25. Guardians: pass
  26. Padres: RHP Juan Nunez (Orioles)
  27. Brewers: LHP Connor Thomas (Cardinals)
  28. Yankees: pass
  29. Phillies: RHP Mike Vasil (Mets); Phillies later traded Vasil to Rays for cash considerations, per announcements from both clubs.
  30. Dodgers: pass

Second round (all but one club passed)

The minor league phase of the Rule 5 draft also occurred this afternoon. Those players will not go onto the selecting teams’ 40-man roster. Right-hander Hobie Harris, who pitched for the Nationals in 2023 and signed a minor league deal with the Mets last month, was taken by the Red Sox.

Red Sox Acquire Garrett Crochet

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The long-awaited Garrett Crochet trade is finally here. The lefty will be swapping his White Sox for Red Sox, according to announcements from both clubs. Four prospects are going the other way: catcher Kyle Teel, outfielder Braden Montgomery, infielder Chase Meidroth and right-hander Wikelman Gonzalez.

Crochet, 25, was the eleventh overall pick in the 2020 draft and made his big league debut that same season with a six-inning cup of coffee. He was a key piece of the White Sox bullpen in 2021 with a 2.82 ERA and 2.80 FIP in 54 1/3 innings of work but missed the entire 2022 season and a portion of the 2023 campaign after undergoing Tommy John surgery. The lefty ultimately made just 13 appearances in the majors last year and struggled in 12 2/3 innings while walking more batters than he struck out during that time.

When the White Sox made the decision to not only move Crochet into the rotation but name him the club’s Opening Day starter back in March, the news came as something of a shock given his lengthy injury history. The move proved to be a fateful one, however, as Crochet went on to turn in a dominant season for Chicago to emerge as the club’s lone bright spot amid a brutal 121-loss season. Crochet pitched 146 innings across 32 starts for the White Sox this year, and in doing so posted a 3.58 ERA (115 ERA+) with a phenomenal 2.69 FIP. Among starters with at least 100 innings of work in 2024, Crochet led the sport in strikeout rate (35.1%) and SIERA (2.53) while also posting an elite 5.5% walk rate and a solid 45.1% groundball rate.

Those unmatched peripheral numbers paint a picture of Crochet as among the game’s very best starters on a rate basis, offering a rare combination of command and top-end velocity from the left side. That’s not to say Crochet comes completely without concerns, of course. He was quite prone to giving up hard contact with the White Sox this year, as evidenced by 14.4% of his fly balls leaving the yard for home runs and a 9.2% barrel rate that was in the bottom 15 among all MLB starters with at least 140 innings this year. While that proclivity towards lackluster batted ball results can be more than made up for with Crochet’s elite strikeout-to-walk ratios, the lefty’s lack of track record due to a substantial injury history is also sure to raise some eyebrows. His 146 innings of work this year represents the first time he’s thrown more than 65 innings in a season dating back to his college days in the SEC, and he threw even 90 pitches in just nine of his 32 starts this year.

Of course, it’s hardly a surprise that Crochet’s workload was closely managed given he more than doubled his previous career high for innings in 2024. Barring injury, it’s easy to imagine the Red Sox being able to stretch him out for larger workloads over the course of his two remaining seasons of team control, and perhaps even for as soon as the 2025 campaign. Ultimately, Crochet profiles as one of the most impactful arms in the entire sport on a per-inning basis, and that was clearly enough for a Red Sox club that has been on the hunt for an ace all winter to pull the triggers regardless of durability concerns.

The upside to Crochet’s limitations in previous seasons is that it has tamped down his earning power to this point in his career. He has accrued over four years of major league service time but since so much of that was spent either on the injured list or in the bullpen, he hasn’t been able to push his salary up terribly high. MLBTR contributor Matt Swartz projects him for just $2.9MM next year. He will be due another raise in 2026 before his slated trip to free agency but probably won’t even be able to get to eight-figure territory due to his modest starting point. Given the massive prices being paid for free agent starters this winter, Crochet’s situation gave him a huge amount of trade value.

In return for two years of Crochet’s services, Boston is giving up a massive prospect haul. Teel is the clear headliner, ranked by Baseball America as the #25 prospect in the sport and Boston’s third-best prospect behind only Roman Anthony and Kristian Campbell, both of whom reports have suggested the club regards as untouchable. A left-handed hitting catcher, Teel was the 14th overall pick in the 2023 draft and hit an excellent .299/.390/.462 in 84 games at the Double-A level this year before earning a promotion to Triple-A. The youngster rates as a solid defender behind the plate who is expected to have no issues sticking behind the plate, and with his 23rd birthday coming up in February it’s not hard to imagine him taking over as the everyday catcher for the White Sox in Chicago sometime in 2025.

In addition to Teel, the Red Sox are also dealing 2024 first rounder Braden Montgomery. The 12th overall pick in this year’s draft, Montgomery is a switch-hitting outfielder who has yet to make his pro debut but slashed .322/.454/.733 in 295 trips to the plate for Texas A&M this year. BA ranks Montgomery as the #59 prospect in baseball while MLB Pipeline ranks him as the #54 prospect in the sport, noting that he offers plus power and double-plus arm strength that should make him a good fit for right field. Meidroth and Gonzalez, meanwhile, are not considered top-100 prospects in the sport but are nonetheless well-regarded within Boston’s system. Per Pipeline, they ranked as Boston’s #11 and #14 prospects prior to the trade.

Meidroth was the club’s fourth-rounder in the 2022 draft and looked good in 122 games at Triple-A this year with a .293/.437/.401 slash line. The 23-year-old offers little power and profiles best as a second baseman in the majors but also has experience at third base and shortstop. Like Teel, he could impact the White Sox as soon as this year. Gonzalez, meanwhile, signed with the Red Sox out of Venezuela and made his pro debut back in 2019. He split his time between the rotation and bullpen at the Double-A level in 2024, posting a 4.73 ERA in 83 2/3 innings of work. His solid 25.6% strikeout rate at the level was overshadowed by a 12.8% walk rate. It’s possible Gonzalez could make an impact at the big league level out of the bullpen in the near-term, but given Chicago’s lengthy timeline for a return to contention it would hardly be a surprise to see the club opt to develop the 22-year-old carefully with an eye towards a future in the big league rotation.

With Crochet now in the fold, the Red Sox have checked the biggest box off of their offseason to-do list by adding a premium talent to the front of their rotation. What’s unclear, however, is the club’s next steps. Rumors percolated earlier this winter that the club may pursue multiple top-level pitching additions, and given the fact that the club reportedly prepared a formal offer for top free agent starter Corbin Burnes last night such an addition can’t necessarily be ruled out. A lower-level addition to supplement the rotation appears more likely at this point, however, given recent reporting expressing skepticism regarding Boston’s odds of landing Burnes. A reunion with Nick Pivetta or a pursuit of Walker Buehler have been floated as possible alternative free agent targets for the Red Sox and could allow the club to further build out depth for a rotation that currently projects to see Crochet joined by Tanner Houck, Brayan Bello, Kutter Crawford, and Lucas Giolito next year.

Aside from bolstering the rotation, the Red Sox still figure to explore the market for a right-handed addition to their lineup. Teoscar Hernandez and Alex Bregman have both received buzz as potential targets for Boston, with Hernandez theoretically joining a crowded outfield mix as a replacement for Tyler O’Neill while Bregman would slot into the club’s lineup as the everyday second baseman barring a decision to move Rafael Devers off third base. Now that Teel is headed for Chicago, bolstering the club’s depth behind the plate seems likely and finding a back-up such as James McCann to pair with Connor Wong could be a priority for the club.

Julian McWilliams of the Boston Globe (X link) first reported that the Red Sox were about to acquire Crochet with Teel going the other way. Ken Rosenthal of The Athletic (X link) first reported the other names in the deal.

Details On Max Fried Bidding

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1:30pm: A’s general manager David Forst denies that the club made a push for Fried, per Martín Gallegos of MLB.com (X link)

11:55am: One of the top free agents came off the board this week when the Yankees and Max Fried agreed to a stunning eight-year, $218MM deal. Clubs like the Blue Jays and Red Sox were also known to be in the involved but Bob Nightengale of USA Today (X link) reports that the Athletics were “one of the most aggressive teams” in the bidding.

Many fans might roll their eyes at the idea of the A’s getting anywhere near a free agent of this caliber, which would be an understandable position to take. As of a couple of weeks ago, they had never given a free agent more than the $36MM they gave to Yoenis Céspedes back in 2012. They recently broke that record by giving Luis Severino $67MM, a huge jump for them but still relatively modest by league-wide standards and well below the deal that Fried got.

But the A’s have to spend some money somewhere. It was reported this week that the club may need to get its competitive balance tax number up to the $105MM range in order to avoid a grievance from the MLBPA.

That perhaps explains all the recent smoke about an upcoming payroll bump. MLBTR took a detailed look at the A’s last month, in a reporting that references reporting going back to January which hinted at a potential for greater spending. Since then, the A’s have ramped things up with the aforementioned Severino signing. They also reportedly made a strong offer to Sean Manaea, who remains unsigned.

It’s not surprising that they couldn’t get something done with Fried, as the pitching market has been hot. Fried and several other pitchers have exceeded the expectations from the start of the offseason. MLBTR predicted him for six years and $156MM but he blew past that, with guys like Severino, Frankie Montas, Matthew Boyd and other hurlers also outpacing their projections.

It’s generally expected that the A’s will have to overpay to reel in any free agent. Given that the club has been rebuilding for many years and is going to be playing the next three years in a Triple-A park in West Sacramento, no free agents will have them as a first choice. Some guys will simply go where the money is best but some may need a premium before considering the unique circumstances of joining the A’s. That may have been the case with Severino, who was predicted to earn $51MM but got far more than that.

Even if the A’s were theoretically willing to marginally top the Yankees’ offer, Fried may not have taken their money. Still, it suggests that they are still a club to watch in the remainder of the offseason. RosterResource their CBT number is currently at $78MM, so they are still well south of their reported $105MM target. That means they could factor into remaining free agents such as Manaea, Jeff Hoffman, Nick Pivetta or others. Even after adding Severino, the rotation stands out as the best way to upgrade the team while also getting their spending up, with their interest in Fried and Manaea reflecting that.

What also may be notable is that the club doesn’t seem to worried about players who rejected qualifying offers. The A’s already forfeited their third-highest pick in the upcoming draft by signing Severino since he rejected a QO from the Mets. Fried and Manaea also rejected QOs, so the interest from the A’s there suggests they may be willing to forfeit another pick.

Another route could be to acquire a player making a notable salary in trade. For instance, the Yankees now have a surplus in their rotation after signing Fried and might look to move the remainder of Marcus Stroman’s contract. He will make $18MM in 2025 and there’s an $18MM player option for 2026 if he throws 140 innings next year. Stroman arguably doesn’t have a great path to a rotation job in the Bronx but could serve as a solid veteran for the A’s.

Elsewhere in the Fried bidding, Rob Bradford of WEEI reports that the Red Sox’ offer was “significantly” lower than the Yankees. Joel Sherman of The New York Post reports that the Sox were at $190MM over seven years and may have been able to go higher, though with deferrals. Sherman adds that the Rangers were also at $190MM over seven years, though the lack of a state tax in Texas actually made that fairly comparable to the eight years and $210MM the Yankees were offering, forcing them to go higher and symbolically top the $217MM that David Price got from the Red Sox back in 2015.

It’s perhaps not surprising that the Sox fell short given how high the number ended up going, but it does highlight the fact that they haven’t been able to achieve their main offseason goal of upgrading the rotation. They also had interest in pitchers like Blake Snell and Nathan Eovaldi, who have gone elsewhere. Trade talks with the White Sox about Garrett Crochet have apparently stalled. Righty Corbin Burnes is still out there but it’s been reported that they are less likely to win that bidding than the Blue Jays or Giants.

Latest On Corbin Burnes

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Right-hander Corbin Burnes entered the offseason as the consensus top rotation option available in free agency, but following last night’s reported agreement between the Yankees and Max Fried he now stands as the only ace-level pitcher available on the open market this winter. That should put Burnes in strong position to exceed MLBTR’s seven-year, $200MM prediction for the righty. While Boston reportedly put together a formal offer for Corbin Burnes yesterday, a separate report from Mark Feinsand of MLB.com characterized the Blue Jays and Giants as the “most aggressive” teams in their pursuit of Burnes and went on to suggest that the Red Sox “appear hesitant” to spend at the level necessary to land the righty.

Toronto, who Feinsand notes is considered the “favorite” to land Burnes, have been involved on a number of top free agents this winter and made their first major moves of the winter yesterday by agreeing to terms with right-hander Yimi Garcia and trading infielder Spencer Horwitz and outfield prospect Nick Mitchell to land infielder Andres Gimenez and righty Nick Sandlin from the Guardians. While those moves have helped to address the club’s bullpen after they non-tendered Jordan Romano last month and bolster their infield mix, one area of the roster that has not yet been addressed is the rotation.

The Jays dealt lefty Yusei Kikuchi away at the trade deadline, face Chris Bassitt departing in free agency next winter, and saw Kevin Gausman take a step back last year as he enters his mid-30s. Given those realities, it’s hardly a surprise that the club would hope to add a top-of-the-rotation arm to its mix. For a club that’s been involved in top free agents ranging from Shohei Ohtani and Yoshinobu Yamamoto last winter to Juan Soto and Max Fried this year, it’s hardly a surprise that they’re being aggressive on Burnes with the other top-of-the-market players rapidly coming off the board.

As for the Giants, the club has a clear hole at the front of their rotation after southpaw Blake Snell departed for their archrival Dodgers in free agency last month. Much like the Blue Jays, San Francisco has been deeply involved in the upper levels of free agency in the past several years. While most of that occurred under former president of baseball operations Farhan Zaidi, Buster Posey kicked his tenure as head decision-maker for the Giants off with a bang over the weekend when he signed shortstop Willy Adames to a seven-year deal. While supplementing their young core with a top-flight starter alongside their twin investments in Adames and Matt Chapman would make plenty of sense, rumors percolated last month that the club could look to scale back payroll this winter, and it’s difficult to imagine them being able to achieve that goal while also bringing Burnes into the fold. Given that reality, it’s perhaps no surprise that sources told Feinsand they were “skeptical” of San Francisco’s odds of outbidding Toronto if the Jays are determined in their pursuit of Burnes.

Perhaps the most interesting piece of Feinsand’s report, however, is the apparent pessimism regarding the Red Sox as a suitor for Burnes. Boston brass haven’t been shy about their plans to be aggressive this winter, particular in pursuit of front-of-the-rotation arms. With Fried and Snell now off the market, Burnes is the last clearly ace-level pitcher available in free agency this winter. Feinsand suggests that the Red Sox could pursue a reunion with right-hander Nick Pivetta in free agency if they miss out on Burnes, though Pivetta’s 4.29 ERA in parts of five seasons with the Red Sox is hardly a front-of-the-rotation level resume.

Other possible solutions Feinsand discussed are right-hander Walker Buehler, whom the Red Sox were previously reported to have interest in, as well as trade market options like White Sox southpaw Garrett Crochet. The trade market also seems to be a potential fallback plan for the incumbent Orioles if they miss out on reuniting with Burnes. A report from MLB Network’s Jon Morosi earlier today described Baltimore’s hopes of re-signing the star righty as fading and noted that the Orioles have interest in Padres right-hander Dylan Cease in the event that Burnes ultimately lands elsewhere. Cease is not currently seen as likely to move, but the Padres are reportedly exploring his market with the Red Sox also known to be among his potential suitors. Turning back to Boston, Pete Abraham of the Boston Globe reported that the Red Sox “seem confident” about their ability to land a top pitcher this winter, although that could mean trading for a player like Crochet or Cease rather than signing Burnes.

Red Sox Among Teams Interested In James McCann

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Veteran catcher James McCann has received offers from at least four teams, MassLive.com’s Chris Cotillo writes, and the Red Sox are one of the suitors checking in on the backstop’s services.  McCann has spent the last two seasons with the Orioles, and while Baltimore had shown interest in a potential reunion, the club’s recent signing of Gary Sanchez likely closes that door.

Sanchez is one of many available catchers who have already found new teams, leaving the Sox in a bit of a scramble to address the position.  Speaking with Cotillo and other reporters during the Winter Meetings, Red Sox chief baseball officer Craig Breslow noted simply that “there were more teams in need of catching than there were available catchers.  That was the demographic that moved really, really quickly.”

Boston’s need is less glaring than most clubs, as the Red Sox are specifically looking for what Breslow described as “the right complement and right backup” for Connor Wong.  McCann and Wong are both right-handed hitters, though manager Alex Cora downplayed hitting balance as less important than strong defense.  This might not ideally fit McCann either, as Statcast’s metrics were particularly down on his overall defense in 2024, and a little mixed in general throughout his career.

A pair of strong seasons with the White Sox in 2019-20 lined McCann up to score a four-year, $40.6MM contract from the Mets during the 2020-21 offseason.  Unfortunately, McCann’s hitting numbers tumbled in the aftermath of the signing, and the Mets then dealt him to the Orioles in December 2022 with New York eating the majority of McCann’s remaining salary.  McCann hit only .228/.274/.382 in 459 PA and 134 games with the O’s over the last two seasons, but his ability to handle a bit more than just a backup’s share of catching duties allowed Baltimore extra flexibility in keeping Adley Rutschman’s bat in the lineup as a designated hitter.

Nolan Arenado Willing To Approve Trades To Six Teams

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As Nolan Arenado’s trade market continues to percolate, the no-trade clause in the third baseman’s contract puts Arenado and his camp in the driver’s seat when it comes to determining whether or not he’ll leave the Cardinals.  MLB.com’s John Denton reports that Arenado would okay a deal to any of the Angels, Dodgers, Padres, Phillies, Mets, or Red Sox.  It isn’t known if these are the only six clubs on what Denton describes as Arenado’s “wish list,” or if Arenado could be amenable to deals to any other clubs in the right circumstances.

Agent Joel Wolfe discussed his client’s situation with reporters (including Denton, Jeff Jones of the Belleville News-Democrat, and Derrick Goold of the St. Louis Post-Dispatch) today at the Winter Meetings, and implied that Arenado’s list of potential teams is “bigger than you would think.”  The chief factor in Arenado’s decision-making is finding “a team that he thinks is going to win now and consistently for the remainder of his career.  He wants a team that has the throttle down….that he believes he can jump right in and they’re going to win right now.”

This all being said, Wolfe noted that Arenado is “not going to go just to go,” or “approve and move his family and go play somewhere that would…sidestepping” into a situation no better than his current spot in St. Louis.  Wolfe said he and Arenado have been in regular dialogue with Cardinals president of baseball operations John Mozeliak, with Mozeliak floating some teams that have already been dismissed as “hard no’s of where he’d prefer not to go.”

Earlier reports indicated that three unknown “mid-market” clubs also had interest in Arenado’s services, so these could be some of the teams Arenado has already vetoed since the six teams on his list are bigger spenders.  The Yankees had also been linked to Arenado and Goold reports that the Cardinals were in touch with the Bronx Bombers about the third baseman.  As Jones notes, the Yankees seem like a fit on paper given their need at third base and the presence of Arenado’s good friend and old Rockies teammates DJ LeMahieu, but it remains to be seen if the Yankees are still on Arenado’s radar.

New York’s other team could also have an opening at the hot corner depending on how the Mets choose to deploy Mark Vientos, or whether or not the Mets re-sign Pete Alonso or add another big first base bat.  The Phillies likewise have an incumbent third baseman in Alec Bohm, but Bohm’s name has been mentioned in several trade rumors as one of the big-league roster pieces Philadelphia is reportedly open to moving to address other needs.

The Red Sox and Padres were more speculatively linked as suitors a few weeks ago, and Goold reports that St. Louis has already been in contact with these two clubs about Arenado.  Boston’s interest could hinge on whether or not they’d move Rafael Devers off third base, while Arenado’s own apparent willingness to leave his longtime third-base position might be related to his interest in joining the Padres (as San Diego already has a star third baseman in Manny Machado).

Wolfe addressed his client’s offer of a position change as a way to get in front of any awkward questions from a team’s end on the subject.  “The way he phrased it, ‘I’ll play first,’ sometimes [teams] don’t want to ask a player to do that,” Wolfe said.  “So he wanted to offer it and say, ‘I’m happy to play first, I can move around and play third.’ Nolan was like, ‘I’ll play shortstop, I’ll do whatever, but I’m not insulted to go play first, and I can win a Gold Glove over there, if that’s what it takes.’ ”

Since Arenado is from Southern California, it shouldn’t be ignored that the Padres, Dodgers, and Angels are all on his approval list, though Wolfe said Arenado has no geographic preference about his next destination.  It could be argued that the Angels might be on Arenado’s list solely due to location, as a team coming off nine straight losing seasons hardly seems to match Arenado’s preference for a team ready to win.

A trade to the Dodgers seems off the table, as The Athletic’s Fabian Ardaya and Katie Woo hear from sources that “a deal for Arenado is not a possibility the organization has considered.”  L.A. general manager Brandon Gomes made a point of saying Monday that Max Muncy was going to remain as the team’s regular third baseman, and a position switch wouldn’t much help Arenado find a spot amidst the crowded Dodgers infield.

It remains to be seen if any of Arenado’s preferred teams may or may not want to bring the eight-time All-Star into the fold, though even in the event of mutual interest, there’s also the matter of working out a trade that is also acceptable to the Cardinals.  Other complications include Arenado’s age (he turns 34 in April), his declining power over the last two seasons, and the $74MM ($10MM covered by the Rockies) in salary owed over the remaining three years of his contract.

Padres “Exploring” Dylan Cease’s Trade Market

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As the Padres face payroll constraints amid an offseason where starting pitching has been at a premium, the possibility of San Diego fielding interest on right-hander Dylan Cease emerged earlier today with Kevin Acee of the San Diego Union-Tribune suggesting that the club is anywhere from actively “trying to unload” the right-hander to merely “open to offers” on him. This evening, The Athletic’s Dennis Lin characterized the situation slightly differently, reporting that the club is “at least exploring” Cease’s trade value but also cautioning that San Diego “prefers” to keep Cease in the fold and a trade is not considered likely at this time.

The Padres have plenty of needs this winter, including help in the outfield, starting rotation, and behind the plate. Dealing Cease from a 2025 rotation where he projects to feature prominently alongside Yu Darvish and Michael King would be a substantial hit to an already thin rotation mix, of course, even with with Matt Waldron, Randy Vasquez, Adrian Morejon, Bryan Hoeing, and Stephen Kolek as potential back-end options available internally. It’s for that reason Lin reports the club would seek “multiple controllable players,” including “one or more” starting pitchers. If San Diego were unable to secure enough rotation help from a Cease trade, Lin adds, then they would likely look to flip those players to land other rotation pieces.

Given the club’s rotation needs, it may raise some eyebrows that the club could consider trading Cease even if they don’t receive controllable pitching in return. The logic behind that possibility, per Lin, stems in part from the club’s pessimism regarding their ability to keep Cease in San Diego long-term. While Lin notes the club still “harbors some hope” that they may be able to extend King before he reaches free agency next winter, they believe they have no such chance of being able to afford Cease following the 2025 campaign, when MLBTR contributor Matt Swartz projects him to make $13.7MM in his final trip through arbitration.

If Cease were to be traded for young talent, that $13.7MM could be re-invested into the roster and potentially used to a player in free agency, whether that be a mid-level starter like Jose Quintana or Kyle Gibson or help in the outfield, perhaps even in the form of a reunion with Jurickson Profar. Much as that salary relief could be a huge boon to the Padres, it’s not an especially cumbersome figure overall. For that reason, Lin suggests that Cease could find a much wider range of suitors on the trade market this winter than Juan Soto did when San Diego shopped him last year, even as Cease isn’t nearly as impactful as the league’s newly-minted $765MM man.

At least one suitor for Cease’s services has already been named, as MLB Network’s Jon Morosi reported earlier today that the Red Sox are among the teams with interest in Dylan Cease. Boston has long been known to be targeting help at the top of their rotation, and after the club fell short in the pursuit of southpaw Max Fried today their interest in working out a deal to acquire Cease has surely only grown. The Red Sox currently seem focused on courting right-hander Corbin Burnes as they search for top-of-the-rotation help, but the possibility of the club looking to add two front-end starters this winter has been bandied about at times throughout the offseason so even landing a player of that caliber wouldn’t necessarily preclude a deal from taking place.

The Red Sox have a tantalizing cachet of top prospects in their system, though the likes of Roman Anthony and Kristian Campbell are generally considered to be untouchable in trade discussions. Catcher Kyle Teel, outfielder Wilyer Abreu, or perhaps even right-hander Garrett Whitlock would be perfect fits San Diego’s needs, though it’s unclear if the Red Sox would be willing to part ways with any of those players in a deal for a rental piece like Cease. While Abreu in particular has been floated frequently as a potential trade candidate this winter, those rumors have typically tended to frame Abreu as the headliner for a package that would land a controllable piece like White Sox lefty Garrett Crochet rather than for a rental arm like Cease.

Red Sox Preparing Offer To Corbin Burnes

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The Red Sox are preparing a formal contract offer to Corbin Burnes, write Chris Cotillo and Sean McAdam of MassLive. The former Cy Young winner is the final clear top-of-the-rotation arm available in free agency.

Boston came up empty in their pursuit of Max Fried. While the Sox were one of Fried’s top suitors, they balked at the massive $218MM guarantee which the southpaw landed from their rivals. The Red Sox have also seen reported targets Blake Snell and Nathan Eovaldi head elsewhere. The supply is limiting if the Sox are going to follow through on chief baseball officer Craig Breslow’s stated goal of “raising the ceiling” in the rotation.

Burnes would obviously accomplish that. While the righty hasn’t missed as many bats over the past couple seasons as he did during his best years in Milwaukee, he’s still an ace. Burnes fired 194 1/3 innings of 2.92 ERA ball for the Orioles in his platform year. He added eight innings with one run allowed in his lone postseason start. If the Red Sox were to land Burnes, they’d have one of the stronger rotations in MLB. He’d top a staff also including Tanner Houck, Brayan Bello, Kutter Crawford and a hopefully healthy Lucas Giolito.

At the start of the offseason, MLBTR predicted Burnes would receive a seven-year, $200MM commitment. That’ll almost certainly be light. Burnes was above Fried on virtually every contract prediction (MLBTR’s included). This has been a very strong market for starting pitchers. There’s a chance Burnes could land eight or even nine years on a deal that checks in between $250MM and $300MM at this point.

The Giants and Blue Jays are also known to be involved on Burnes. Baltimore has expressed a desire to keep him around, but that seems to be a longer shot. As a player who rejected a qualifying offer, he’d cost the Sox their second-highest draft pick and $500K of pool space from their 2026 international signing class.

Burnes isn’t the only qualified free agent (nor the lone high-profile Boras Corporation client) whom the Sox are pursuing. Boston is reportedly in the mix for Alex Bregman. In a separate column, McAdam writes that the third baseman is something of a divisive player in the Fenway Park offices. According to McAdam, manager Alex Cora and team president Sam Kennedy are more keen on a Bregman pursuit than Breslow happens to be. Cora is personally familiar with Bregman from his time as bench coach in Houston.

Whether Breslow is lower on Bregman as a player or simply prefers to focus his attention on starting pitching, that’s a potential complicating factor for free agency’s top remaining position player. The Sox presumably aren’t going to come away with both Burnes and Bregman. They could keep Rafael Devers at third base or pursue a Nolan Arenado trade if Bregman heads elsewhere. If they’re looking for a top-of-the-rotation arm and come up empty on Burnes, they’d likely go to the trade market. Reports have cast them more on the periphery of the Garrett Crochet bidding. The Sox floated the possibility of swapping Triston Casas for one of Seattle’s starters, but the Mariners rebuffed that interest while expressing a desire to hold their young pitching.

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