The Rockies have released right-hander Dinelson Lamet, according to his transactions tracker at MLB.com. He had been designated for assignment by the club last week.
It’s not a shock to see Lamet end up released, given his performance and contract. Claimed off waivers from the Brewers last year, he and the Rockies agreed to an arbitration salary of $5MM for the 2023 season but he hasn’t been able to come anywhere near justifying that expense. He’s made 16 appearances this year, including four starts, with a massive 11.57 ERA in 25 2/3 innings. His 23.1% strikeout rate is solid but his 16.4% walk rate is almost double the league average rate of 8.7%.
In the Rockies’ defense, they put down that $5MM bet on Lamet hoping for a bounceback. He once looked like a budding ace, posting a 2.09 ERA for the Padres in the shortened 2020 season with a 34.8% strikeout rate and 7.5% walk rate. He would have been a bargain if he could have got anywhere near that kind of production. However, he’s been on the decline since then thanks to a combination of injuries and underperformance. He was limited to 47 innings in 2021 with a 4.40 ERA that year. He only logged 32 1/3 frames last year with his ERA jumping to 6.12 before it climbed even higher this year.
The Rockies will remain on the hook for what’s left of Lamet’s salary as he heads to the open market. He’ll be free to sign with any of the 29 other clubs, who would only be responsible for paying the prorated league minimum, which would be subtracted from what the Rockies pay. Lamet’s results have obviously been terrible this year but perhaps there’s some club who sees a way to get the 30-year-old back to the brilliant form he showed just a few years ago.