Jorge Polanco is now at the end of the guaranteed part of his contract. The switch-hitting infielder signed a five-year, $25.75MM extension going into the 2019 campaign, with a pair of club options for 2024 and 2025. The first one is valued at $10.5MM with a $1MM buyout, making it a net $9.5MM decision, followed by a $12.5MM option for ’25 with a buyout of $750K.
Polanco, 30, has been consistently productive over the course of the deal, apart from a dip in the shortened 2020 season. He hit 22 home runs in 2019, producing a batting line of .295/.356/.485 and a wRC+ of 120. After his aforementioned struggles in 2020, he bounced back with a 33-homer campaign in 2021, slashing .269/.323/.503 for a 124 wRC+.
The injury bug has bit him a couple of times in the past two seasons, limiting him to just 184 games over 2022 and 2023, but he’s still been productive when on the field. He’s hit 30 home runs in that time and walked in 12.7% of his plate appearances, leading to a line of .244/.341/.427 and 119 wRC+.
Defensively, Polanco has been gradually moved off shortstop over the course of the deal but is still playable at second. Outs Above Average gave him a grade of -5 at the keystone in 2023 but Defensive Runs Saved had him at +2.
Picking up the option in an easy decision. $9.5MM for a switch-hitting middle infielder with 30-homer potential is a bargain. However, there are some other factors that may lead the Twins to consider a trade. One factor is the weak free agent class, which is light on impact bats, especially in the middle infield. The shortstop class doesn’t really have a viable everyday option, while the group of second basemen is headlined by Amed Rosario, Whit Merrifield and Adam Frazier. Most teams would likely prefer Polanco at his option price over what those free agents will get on the open market.
There’s also the internal roster situation. Polanco’s not really a viable shortstop anymore, but Carlos Correa has that position locked down anyway. At third base, Royce Lewis is finally healthy and showing his potential. He wasn’t able to play much from 2020 to 2022 thanks to the pandemic and then twice tearing his right ACL, but he was back on the field for the second half of 2023. He got into 58 games and mashed 15 home runs for a batting line of .309/.372/.548 and 155 wRC+, then hit another four home runs in the playoffs. Though he came up as a shortstop, he played a lot of third base next to Correa and seems likely to have that position going forward.
At second base, Edouard Julien got significant playing time this year and there was plenty to like about his performance. Though he struck out in 31.4% of his trips to the plate, he also walked at a stout 15.7% clip and hit 16 home runs in his 109 games. His .263/.381/.459 line translated to a 136 wRC+. His defense has been considered subpar and his -3 DRS at second this year supports that, but OAA had him at an even zero. There’s also Kyle Farmer in the mix with the opposite profile, a strong defender with a subpar bat. He hit .253/.314/.405 this year for a 99 wRC+ while adding quality defense at all four infield positions. His projected arbitration salary of $6.6MM for next year might feel high for a bench/utility player, but he’s produced at least 1.5 fWAR for three straight seasons now.
Julien’s defense arguably makes him a candidate to move over to first base, but the Twins also have an option there. Alex Kirilloff hit .270/.348/.445 in 2023 for a 120 wRC+, an encouraging development after poor results in previous seasons caused by wrist issues. He’s set to undergo shoulder surgery this month, but it’s on his non-throwing arm.
The designated hitter spot could help the Twins find at-bats for all these guys, but then there’s the looming Byron Buxton question. The center fielder was kept exclusively in the designated hitter spot in 2023 due to his ongoing knee issues. It’s hoped he’ll be healthier next year after undergoing an arthroscopic procedure on his knee last week, but the club will likely have to plan on keeping the DH spot free for him until he proves he doesn’t need it.
Another factor is that the Twins may want to get some more starting pitching. Each of Sonny Gray, Kenta Maeda and Dallas Keuchel are heading into free agency, subtracting three options from the rotation. They will still have Pablo López, Bailey Ober and Joe Ryan, but some question marks beyond that. Chris Paddack will be in the mix but has only thrown 27 1/3 innings in the past two years combined due to Tommy John surgery. Louie Varland could be another factor but he’s relatively unproven, with just 94 big league innings to his name thus far.
The Twins could turn to the free agent market to help replace those starters, or departing reliever Emilio Pagán, but there’s some uncertainty in terms of the budget. The club is still trying to sort out its broadcasting situation in the wake of the Diamond Sports Group/Bally Sports bankruptcy. President of baseball operations Derek Falvey recently admitted that this could have an impact on the club’s payroll next year.
Injuries are inevitable as the Twins well know, having dealt with their share over the years. Perhaps they will opt to simply hold onto Polanco with the knowledge that they will eventually need depth and that space will be made for all their infielders. But if they did make Polanco available, he would surely garner plenty of interest given the weak free agent market. This provides the club with an avenue to address other parts of the roster while perhaps saving money instead of spending it.
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