Rays Acquire Alex Faedo

The Rays have acquired right-hander Alex Faedo from the Tigers, per announcements from both clubs.  Faedo had been designated for assignment by the Tigers last week when they signed Tommy Kahnle. The Rays are sending minor league catcher Enderson Delgado and cash to Detroit. Infielder Osleivis Basabe has been designated for assignment by the Rays in a corresponding move, which MLBTR covered here.

Getting Faedo, 29, is a buy-low move for the Rays. The Tigers grabbed him with the 18th overall pick in 2017 and Baseball America ranked the righty as the #50 prospect in the entire league going into 2018.

But the big league results haven’t matched up to that prospect billing just yet. Faedo has thrown 175 2/3 innings for the Tigers over the past three seasons, allowing 4.51 earned runs per nine. His 20.9% strikeout rate and 9.7% have both been a bit below league average. He is now out of options and would have had a hard time holding a roster spot in Detroit all year, so he got bumped off.

The Rays are seemingly more willing to carry Faedo on the roster, since they are giving up a prospect and cash to get him. Perhaps the hope is that Faedo is in the process of finding a home in the bullpen. He has worked as a starter and a reliever in his big league career, but with a 5.00 ERA out of the rotation and 3.44 ERA from the bullpen. His 22.6% strikeout rate and 9.3% walk rate as a reliever aren’t outstanding numbers, but better than his 20.2% strikeout rate and 9.9% walk rate as a starter.

Though he hasn’t had huge punchout stuff, he’s had some intriguing numbers in terms of limiting damage. His 34.4% hard hit rate allowed last year was in the 82nd percentile of qualified pitchers, according to Statcast. His barrel rate was in the 76th percentile and his average exit velocity 65th. His 2023 numbers in those categories were fairly similar.

His out-of-options status will make things a bit challenging for the Rays, a club that normally likes to rotate pitchers on and off the roster with regularity. RosterResource projects the club to run a six-man rotation of Shane McClanahan, Taj Bradley, Ryan Pepiot, Zack Littell, Shane Baz and Drew Rasmussen. That leaves a seven-man bullpen consisting of Pete Fairbanks, Edwin Uceta, Garrett Cleavinger, Manuel Rodríguez, Mason Montgomery, Mike Vasil and Faedo. Montgomery is the only one of that relief group that can be optioned and RR has the out-of-options Cole Sulser listed in Triple-A as of this writing.

The roster might not shake out exactly like that, as spring performance and health can certainly change things, but there’s not a ton of flexibility in the relief group at the moment. But if the Rays manage to keep Faedo in the mix, there will be a long-term payoff. He has just under two years of service time at the moment, meaning he can be controlled for five seasons if he continues to hang onto his roster spot and hasn’t yet qualified for arbitration.

For the Tigers, losing Faedo probably stings a little bit, but at least they were able to recoup some potential future value out of a guy who got squeezed off the fringes of the roster. Delgado, 20, was an international signing of the Rays out of Venezuela. Back in July, Eric Longenhagen and Travis Ice of FanGraphs ranked Delgado as the #37 prospect in the Rays’ system. That report suggests Delgado could carve out a future backup catching role based mostly on his defense, particularly his throwing arm.

The FanGraphs report gives less praise for his offense. He has slashed .215/.337/.322 over three minor league seasons, though he showed some improvement last year with a line of .259/.382/.400. Given his age and that he still hasn’t climbed higher than Single-A, he’ll be a long-term play for the Tigers.

Jeff Passan of ESPN reported that Faedo was going to the Rays for Delgado and cash, prior to the official announcements.