A relatively quiet offseason a year ago didn’t stop the Dodgers from continuing their incredible run of regular season success. But after another disappointing playoff performance, perhaps they will be more aggressive this winter. There are many ways to do that, but the big question is whether or not they land the most unique free agent in history.
Guaranteed Contracts
- Mookie Betts, IF/OF: $295MM through 2032
- Freddie Freeman, 1B: $108MM through 2027
- Chris Taylor, 1B/OF: $30MM through 2025 (includes buyout on ’26 option)
- Miguel Rojas, IF: $6MM through 2024 (includes buyout on ’25 option)
- Tony Gonsolin, RHP: $5.4MM through 2024 (eligible for two more arbitration years after that)
- Austin Barnes, C: $3.5MM through 2024 (includes ’25 option with no buyout)
Option Decisions
- Club holds $18MM option on RHP Lance Lynn with $1MM buyout
- Club holds $14MM option on IF Max Muncy with no buyout
- Club holds $9.5MM option on RHP Joe Kelly with $1MM buyout
- Club holds $6.5MM option on RHP Daniel Hudson with no buyout
- Club holds $3MM buyout on RHP Alex Reyes with $100K buyout
- Club holds option between $1MM and $7MM on Blake Treinen, depending on health
2024 financial commitments, assuming Muncy is the only option triggered: $98.9MM
Total future commitments, assuming Muncy is the only option triggered: $461.9MM
Arbitration-Eligible Players (projections via MLBTR contributor Matt Swartz)
- Walker Buehler (5.168): $8.03MM
- Ryan Yarbrough (5.117): $3.8MM
- Caleb Ferguson (5.093): $2.3MM
- Yency Almonte (4.143): $1.9MM
- Will Smith (4.090): $9.3MM
- Dustin May (4.059): $2.4MM
- Brusdar Graterol (3.167): $2.5MM
- Wander Suero (3.144): $900K
- Evan Phillips (3.136): $3.4MM
- Gavin Lux (3.114): $1.1MM
- J.P. Feyereisen (3.108): $1MM
- Alex Vesia (3.078): $1.2MM
- Victor González (3.058): $1MM
Non-tender candidates: Yarbrough, Almonte, Suero
Free Agents
- Clayton Kershaw, Jason Heyward, J.D. Martinez, Julio Urías, Ryan Brasier, Shelby Miller, Jake Marisnick, Amed Rosario, David Peralta, Kolten Wong, Enrique Hernández, Jimmy Nelson
The Dodgers had a fairly quiet offseason after 2022, limiting themselves to one-year free agents like Noah Syndergaard and J.D. Martinez. That led some observers to predict that they could be dethroned in the West by the Padres, who had a far louder winter, or perhaps an upstart Diamondbacks club. But the Dodgers had yet another excellent season, winning 100 games for the fourth straight full season and fifth out of the last six. They won the West division title for the 10th time out of the last 11 seasons, with their only second-place finish being the 106-win club in 2021 getting edged out by the 107-win Giants.
There’s no question they’ve been the most consistently good regular season club over the past decade-plus, but the postseason is another matter. All of those playoff berths have resulted in just one title, which was in the shortened 2020 season, and they’ve been quickly bounced out of the NLDS in each of their past two trips.
Perhaps that will lead the club to make some more noise this winter, which they have the ability to do. They’ve been one of the top spenders in the past decade but have generally avoided long-term commitments. Mookie Betts and Freddie Freeman are the only players under contract beyond 2025 and each of those two are continuing to play at MVP-caliber levels, meaning there’s almost no dead money on the books.
In terms of 2024, Roster Resource estimates their current payroll around $126MM, which includes the MLBTR arbitration projections. A few non-tenders could drop that closer to $120MM, particularly if they let go of Yarbrough, who was cut by the Rays at this time a year ago. Their luxury tax figure would be under $140MM if they did indeed cut Yarbrough. That gives the Dodgers plenty of room to be aggressive this winter, as they have frequently run Opening Day payrolls in the $240-280MM range, per Cot’s Baseball Contracts. Even if they want to reset their luxury tax status after paying the tax in the past two years, they could add about $100MM before getting near this year’s $237MM base threshold.
The Dodgers are likely to be one of many teams drawing up two distinct offseason plans, one that involves signing Shohei Ohtani and one that doesn’t. The most unique player in baseball history is about to become the most unique free agent in baseball history, with many pegging the Dodgers the most likely landing spot. Ohtani has frequently mentioned a desire to win as a priority and the Dodgers would have a compelling case in that department.
Of course, Ohtani will surely want to be compensated at a fair rate as well, but there’s nothing preventing the Dodgers from doing that. As mentioned, they have plenty of spending room both for the coming year and well into the future. It has been speculated that Ohtani might lean towards a West Coast club, since that was his preference when first coming over from Japan. At that time, he was limited by the amateur bonus pool system and was only going to be able to pull in a few million bucks, meaning that such a preference wouldn’t impact his earning power. Now he will be motivated to express an interest in any club, as expanding his market will help him secure the biggest possible guarantee. But if he privately holds onto that West Coast preference, it would only help the Dodgers.
It’s possible there are other factors that could work against them, at least speculatively. Ohtani hasn’t interacted with English-language media very much during his time as an Angel, at least compared to other superstars in the game. It has been speculated that moving to a bigger market club would make it harder for him to maintain that relative spotlight reluctance. Whether that’s something that actually matters to him can’t really be known.
There’s also the question of Ohtani’s leash to continue pitching deeper into his career. There’s no precedent for anything Ohtani does and different clubs will probably have different ideas about how long they want him to continue with the full two-way workload. Now that he’s coming off a second career Tommy John surgery, or something close to it, that only raises further questions about how he will hold up into his 30s. Some clubs may want to give him free rein to start for as long as he wants, others might have ideas about when a move to the bullpen will be warranted or when it would be time to stop pitching altogether. If the pitching eventually needs to stop, some clubs may view him as a viable outfielder, a position he played in Japan. Others might prefer to just keep him as a designated hitter as he ages.
It’s can’t really be known how the Dodgers view these matters, but these are things that will likely come up in offseason discussions with Ohtani and his reps. Ohtani is hitting free agency ahead of his age-29 season, two years younger than Aaron Judge was before his free agency. Since Judge was able to secure a nine-year deal, Ohtani will very likely be able to get into the double digits. Even though he’ll be a DH only in 2024, teams will undoubtedly be enticed by his potential return to being a two-way player, as well as the international marketing opportunities he can provide. But in the short-term, the free agency of Martinez means that the Dodgers have an open DH spot they can easily slot Ohtani into.
Gauging Ohtani’s interest in being a Dodger figures to be the number one priority for the club, with everything else following from there. But there will be some formalities that have to come first, with a large number of club options on the table. Each of Daniel Hudson, Blake Treinen and Alex Reyes missed all or most of 2023 due to injuries and should have their options declined. The Dodgers are generally unafraid of banking on their injured players but would likely work out new deals with any of this group they wanted to take another chance on.
The net $8.5MM decision on Joe Kelly is borderline, but the club would likely prefer to keep that powder dry for now, with the ability to circle back to Kelly or someone similar later in the winter. Max Muncy is a lock to have his option picked up, despite the low batting average and high strikeouts. He launched 36 home runs this year and walked in 14.7% of his plate appearances, leading to a wRC+ of 118 and 2.9 wins above replacement in the eyes of FanGraphs. Though he was able to nudge the option price up to $14MM by reaching plate appearance escalators, it’s still a bargain. Lance Lynn is likely to be bought out after posting a 5.73 earned run average this year.
The Dodgers will be looking to replace some thump in their lineup, whether they sign Ohtani or not, even though Betts and Freeman will each be back. Martinez and Jason Heyward each had solid bounceback years, but both are now set to return to free agency. Martinez has yet to receive a qualifying offer in his career and the Dodgers could offer him one, but there are reasons they may not do so. Martinez settled for a one-year, $10MM to join the Dodgers a year ago and this year’s qualifying offer is expected to go over $20MM. That kind of pay raise might be tempting for a 36-year-old designated hitter. But the Dodgers may not want to risk that since players who accept a qualifying offer can’t be traded until June 15. Having both Martinez and Ohtani on the same club isn’t possible with just one DH slot, so the Dodgers probably can’t take a chance by putting the offer in front of Martinez.
But Martinez will likely want to wait on Ohtani before deciding where to sign, since many clubs may have him as a backup option. That means the Dodgers may be able to circle back to him if they don’t end up landing Ohtani. Other players who may be in a similar boat include Jorge Soler, Brandon Belt or old friends Justin Turner and Joc Pederson.
Replacing Heyward may not be as necessary. Betts spent a lot of time on the infield this year with Gavin Lux suffering a season-ending knee injury in Spring Training. If Lux is healthy enough to rejoin the middle infield next year, Betts can go back to being a primary right fielder next to center fielder James Outman. Left field will still be a question mark, but the club would have some internal options there with Chris Taylor, Andy Pages and Jonny Deluca some of them. It might be possible to fit Heyward in there, but he may have cleaner paths to playing time elsewhere.
On the infield, Freeman and Muncy should have the corners largely spoken for. The middle infield is a bit less certain, with the aforementioned Lux situation the major unanswered question. The club was planning to give him a shot to be an everyday shortstop before his injury. Whether that plan is back on the table remains to be seen. If he is able to secure the shortstop job, he could push Miguel Rojas to second base or perhaps into a depth role. Or perhaps Lux sticks at the less-demanding second base spot going forward. There are also prospects looming, with Michael Busch and Jorbit Vivas some of those potentially in the mix for the keystone. Since the free agent market doesn’t have too much to offer anyway, the Dodgers might stick with internal candidates here as well, though the trade market theoretically offers players like Gleyber Torres, Jonathan India or Brendan Donovan.
The catching spot seems fine with Will Smith having another strong season in 2023. Austin Barnes wasn’t great at the plate in 2023 but is already under contract and still got good marks for his framing. Cutting him loose and signing a veteran backup wouldn’t be shocking, but it wouldn’t be an ideal use of resources when the club has bigger priorities elsewhere.
Outside of the Ohtani question, the big focus for the Dodgers this winter will be the starting pitching. This year saw the pitching injuries pile up, and Julio Urías become unavailable due to a domestic violence situation, with the diminished rotation arguably serving as the club’s unraveling. They tried to patch things together by trading for Lynn, Yarbrough and Eduardo Rodriguez, but E-Rod used his no-trade clause to stay with the Tigers while Lynn wasn’t able to salvage his rough season as hoped. The club can keep Lynn around but $17MM for the age-37 season of a pitcher who just allowed 44 homers is fairly steep.
Both Urías and Clayton Kershaw are set to become free agents, and some of the pitching injuries will carry over into next year. Dustin May will likely miss the first half after undergoing flexor tendon surgery in July. Tony Gonsolin had Tommy John later in the year and will likely miss the entire 2024 season. That leaves the club with Walker Buehler, who missed all of 2023 due to his own Tommy John, atop their depth chart. Bobby Miller likely earned a spot after posting a 3.76 ERA in 22 starts in 2023. Ryan Pepiot, Emmet Sheehan, Michael Grove and Gavin Stone could compete for jobs as well but it’s arguable that none of them did enough to be guaranteed a gig.
That could position the Dodgers to seek out as many as three starting pitchers this offseason. One of them could be Kershaw coming back, though that’s become an annual question in recent years. The two most recent offseasons have seen him deciding between returning to the Dodgers, joining his hometown Rangers or retiring. Though he eventually returned to the Dodgers in each instance, it seems there’s less confidence in that path this year. His velocity dipped as he battled shoulder issues this year and he indicated he might take a few months before making his choice about 2024.
Even if the Dodgers land Ohtani, he won’t help the rotation since he won’t be pitching in 2024. The Dodgers have the spending capacity to play at any level of free agency, but it’s possible that their level of spending in this aisle is contingent on what happens with Ohtani and Kershaw. The top of the market will feature guys like Yoshinobu Yamamoto, Blake Snell, Jordan Montgomery and Aaron Nola, with each of them looking at nine-figure deals. Then there’s also solid guys at a lower tier, such as Seth Lugo or old friend Kenta Maeda, as well as bounceback candidates like Lucas Giolito, Jack Flaherty or Frankie Montas.
The trade market is another area the club could explore, though this path is a little trickier. Brandon Woodruff is out for most or perhaps all of 2024, which might mean the Brewers take Corbin Burnes off the market. Other theoretical trade candidates may be hard to pry loose as well, with the White Sox seemingly hoping to contend and therefore likely holding Dylan Cease. Perhaps Shane Bieber can be freed from Cleveland, but his stock is down after a bit of an uninspiring year and a late-season battle with elbow inflammation. The Pirates are probably looking to hold Mitch Keller as they try to build off some encouraging performances in 2023.
The bullpen is likely less of a priority, with plenty of strong arms still under club control next year. Evan Phillips, Brusdar Graterol, Caleb Ferguson, Victor Gonzálezand Alex Vesia all had good results in one way or another and each can be retained via affordable arbitration salaries. Adding a couple of veteran free agents to the group should be on the table, but the level of aggressiveness will likely be dictated by how the other priorities are addressed.
All signs point towards a bigger offseason for the Dodgers this year, though that could take a few different shapes. Maybe they can sign Ohtani or maybe they can’t. Maybe Kershaw comes back or maybe he doesn’t. Whether those guys are involved or not, the club will need to add to the rotation and the lineup. But there may not be any club with as much spending capacity this winter, meaning there’s a good chance this offseason looks very different from the last one.
In conjunction with this post, Darragh McDonald held a Dodgers-centric chat on 10-19-23. Click here to read the transcript.