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Yankees Sign Adam Ottavino

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The Yankees have signed veteran reliever Adam Ottavino to a major league contract, the team announced this morning. The right-hander was released by the Red Sox in March. Devin Williams has been placed on the paternity list, temporarily opening a space for Ottavino on the active roster, while JT Brubaker has been transferred to the 60-day IL, thereby making room for Ottavino on the 40-man.

Ottavino, 39, is a veteran of 14 MLB seasons. Over 724 regular season appearances, he has pitched to a 3.49 ERA and 3.44 SIERA, amassing 46 saves and 194 holds. Despite his advanced age, he has remained reliable in recent years. He has made at least 60 appearances in each of the past four seasons with a 3.41 ERA and 3.52 SIERA in that time. While his 4.34 ERA with the Mets last season was not particularly impressive, his 3.19 xERA and 3.27 SIERA offer reason to believe he can bounce back in 2025. While his ERA does not show it, he was equally good at racking up strikeouts and inducing weak contact. That’s usually a good recipe for success. On top of that, Ottavino is only one year removed from a 3.21 ERA performance in 2023 and only two years removed from a 2.06 ERA performance in 2022. That’s not to say Ottavino is a sure thing to succeed with the Yankees. There’s a reason the Mets left him off their NLCS roster last fall, and there’s a reason the Red Sox cut him this spring. Still, his long track record is the reason the Yankees are giving him another shot. After all, this team knows the highs and lows of the Ottavino experience as well as anyone. The righty was a Yankee for two years in 2019 and 2020. He pitched to a 1.90 ERA in 73 games his first season with the club and a 5.89 ERA in 24 games in his second.

The Yankees’ bullpen has not been hit by injuries quite as hard as their rotation. However, they are currently without Ian Hamilton (virus), Jonathan Loáisiga (rehab from elbow surgery), and Scott Effross (hamstring strain). Ottavino can offer some helpful depth, at least in the short term. When Williams returns from the paternity list, the Yankees will need to make another move if they plan to keep Ottavino in their bullpen. The most likely course of action would be that they send Brent Headrick to Triple-A. Headrick, 27, has one option year remaining.

Brubaker, 31, broke three ribs early on in spring training. He will now be unavailable until mid-to-late May. Acquired from the Pirates last March, the right-hander has not appeared in the majors since 2022. He missed all of 2023 recovering from Tommy John surgery, and he was limited to just a handful of minor league rehab appearances in 2024. He looked like a capable back-end innings eater when last healthy, making 61 starts for Pittsburgh from 2020-22 with a 4.99 ERA but a 4.04 SIERA, averaging just over five innings per outing.

Yankees Re-Sign Dominic Smith To Minor League Deal

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The Yankees announced that they have re-signed first baseman/outfielder Dominic Smith to a minor league deal. He had been in camp with the Yanks on a previous minor league deal but opted out when he didn’t make the Opening Day roster.

Smith, 30, had a pretty solid showing in camp. He got 38 plate appearances with the Yankees and slashed .297/.289/.568. However, his recent MLB track record is more middling and there wasn’t a great path to playing time for him.

Despite some outfield experience, he’s mostly a first base/designated hitter option at this point, having not played the outfield in the majors since 2021. Even when he did play on the grass, he wasn’t great at it. The Yanks have Paul Goldschmidt at first base. They could have put Smith at DH but opted for Ben Rice instead. Their bench spots went to guys with more defensive versatility like Oswald Peraza and Pablo Reyes.

When Smith didn’t get an Opening Day job, he opted out and presumably assessed his options for a few days, but is now back with the Yanks as non-roster depth. He has some theoretical upside as a former first-round pick and top prospect. He also hit .299/.366/.571 in the majors over 2019 and 2020, production which translates to a 150 wRC+.

But as mentioned, he hasn’t been quite as good since. He had a combined line of .241/.311/.360 over the 2021 through 2024 seasons, with those numbers translating to an 87 wRC+. Given that he doesn’t provide much with the glove or on the bases, that lack of offense has turned him into a journeyman, suiting up for the Mets, Nationals, Red Sox and Reds in recent years.

The old saying goes that there’s no such thing as a bad minor league deal. The Yanks can install Smith into their system and see if a need arises. Their lineup is already without DJ LeMahieu and Giancarlo Stanton, who are both on the injured list. If any further health issues crop up, they will have the ability to call up an experienced big leaguer for some at-bats.

Photo courtesy of Jonathan Dyer, Imagn Images

Yankees Select Pablo Reyes

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The Yankees announced that they have selected infielder/outfielder Pablo Reyes to their 40-man roster. Chris Kirschner of The Athletic previously relayed that Reyes had a locker at Yankee Stadium. In a corresponding move, they placed right-hander Jake Cousins on the 60-day injured list. Cousins has a right elbow flexor strain and apparently isn’t expected back in the first two months of the season.

Reyes, 31, is a journeyman part-time utility guy. He has appeared in six big league seasons, suiting up for four different teams, but without eclipsing 71 games played in any one season. He has a .248/.309/.349 career batting line while playing every position except catcher.

He signed a minor league deal with the Yankees this winter and put up a strong .311/.418/.467 line in Grapefruit League play. That performance, as well as some notable Yankee injuries, will get him back to the big leagues. DJ LeMahieu and Giancarlo Stanton are both starting the season on the injured list. LeMahieu has a calf strain while Stanton has been battling injuries to both elbows. The Yankees listed his injury as elbow epicondylitis when placing him on the 10-day IL yesterday.

With LeMahieu out, Oswaldo Cabrera and Oswald Peraza will seemingly be battling for regular playing time at third base. Stanton’s DH job might go to a rotation of players, with Ben Rice perhaps the favorite for the most time there.

On the bench, J.C. Escarra will be the backup catcher. Trent Grisham will be the fourth outfielder, perhaps allowing Aaron Judge to DH with some frequency. Reyes will provide infield depth alongside the Cabrera/Peraza duo. Reyes is out of options and will have to be removed from the 40-man if he gets nudged off the active roster when LeMahieu is healthy.

Photo courtesy of Kim Klement Neitzel, Imagn Images

MLBTR Podcast: What We Learned From The Offseason

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The latest episode of the MLB Trade Rumors Podcast is now live on Spotify, Apple Podcasts, and wherever you get your podcasts! Make sure you subscribe as well! You can also use the player at this link to listen, if you don’t use Spotify or Apple for podcasts.

This week, host Darragh McDonald is joined by Steve Adams and Anthony Franco of MLB Trade Rumors to discuss…

  • At the start of the offseason, we expected players to do better than in 2023-24 and it seems like they did. What can we learn from that? (1:50)
  • Apart from Juan Soto and Willy Adames, a lot of top position players have been struggling in free agency. Is this signal or noise? (7:10)
  • There seems to be growing frustration from fans of small-market clubs, with new CBA talks just over the horizon. How will baseball respond? (20:00)
  • The Mets outbid the Yankees on Soto. Is this a paradigm shift in New York? (36:40)
  • Does the Soto deal help the top of next year’s market, guys like Vladimir Guerrero Jr. and Kyle Tucker? (45:50)
  • Many Central division teams had almost no money to spend due to TV revenue concerns. Are there solutions coming in the future? (54:40)
  • With the Rays stadium situation, the Twins being for sale, the White Sox and Royals trying to get new stadium money, is expansion possible in the near term? (59:30)
  • Things we’re excited about going into the 2025 season (1:05:55)

Check out our past episodes!

The podcast intro and outro song “So Long” is provided courtesy of the band Showoff.  Check out their Facebook page here!

Photo courtesy of Sam Navarro, Imagn Images

Yankees Place Eight Players On Injured List

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The Yankees announced eight injured list placements on Wednesday afternoon. Clarke Schmidt (rotator cuff tendinitis), JT Brubaker (rib fractures), Clayton Beeter (shoulder impingement), Ian Hamilton (virus), Scott Effross (hamstring strain) and Jonathan Loáisiga (rehab from elbow surgery) all landed on the 15-day injured list. As position players, Giancarlo Stanton (elbow epicondylitis) and DJ LeMahieu (calf strain) went on the 10-day IL. All placements were retroactive to March 24, the earliest date for 10-day or 15-day stints.

None of the moves come as a surprise. Loáisiga has been rehabbing last April’s UCL procedure and will be out at least into May. Stanton didn’t participate in Spring Training and faces an uncertain recovery timeline because of injuries to both elbows. Beeter has been throwing side sessions but didn’t see any game action in camp due to the shoulder issue. LeMahieu, Schmidt, Brubaker and Effross all suffered injuries in Spring Training. Hamilton isn’t hurt but didn’t make his Spring Training debut until last Thursday after being delayed by illness. He needs a couple weeks to continue his build-up.

The only surprise is that the Yanks did not place Jake Cousins on the 15-day IL this afternoon. He was delayed by a forearm strain and did not pitch in games this spring. Cousins has been throwing side sessions but it seems unlikely that the team would throw him directly into regular season action without any Spring Training appearances. It’s possible they’ll make another move when they officially set their Opening Day roster tomorrow.

One player who’ll certainly be on that roster: catcher J.C. Escarra. The Yankees announced over the weekend that the 29-year-old (30 next month) made the team, providing social media video of manager Aaron Boone informing him of that decision. Escarra secures the backup job behind Austin Wells and will make his major league debut once he gets into a game. The Yankees placed him on their 40-man roster at the beginning of the offseason so he wouldn’t reach minor league free agency.

A left-handed hitter, Escarra combined for a .261/.355/.434 line with nearly as many walks as strikeouts across 493 minor league plate appearances last season. The Yankees cleared a path for him to grab the backup job by trading Jose Trevino and Carlos Narváez over the winter. The spot was Escarra’s to lose entering camp, and he solidified it by hitting .302 with three homers in 19 games. Escarra was playing in the independent ranks and in Mexico as recently as 2023. Two years later, he’s breaking camp with an MLB team.

Yankees, Jake Woodford Agree To Minor League Deal

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The Yankees are in agreement with Jake Woodford on a minor league contract, reports MLBTR’s Steve Adams. The Excel Sports Management client had opted out of his minor league deal with the Rockies over the weekend and was granted his release.

Woodford will begin the season at Triple-A Scranton/Wilkes-Barre as rotation or long relief depth. He’s capable of pitching in either role. Woodford has started 25 of 89 appearances in his major league career. He has an earned run average just shy of 5.00 across parts of five seasons. Most of that came with the Cardinals, as the former top 40 draft pick pitched for St. Louis between 2020-23.

The 28-year-old made briefer appearances with the Pirates and White Sox last season. Woodford struggled to an ERA near 8.00 over 35 MLB innings. He had solid numbers in Triple-A, though, pitching to a 3.93 ERA over 20 appearances. He recorded roughly average strikeout (22.9%) and grounder (43.7%) rates while walking fewer than 7% of opposing hitters. Woodford has allowed an even four earned runs per nine over parts of six seasons at the top minor league level.

Colorado added Woodford to camp on a minor league contract in January. He gave up seven runs with a 6:4 strikeout-to-walk ratio over 12 innings in Cactus League play. That wasn’t enough to convince the Rox to select his contract when he took his out clause last week. He’ll now get an opportunity to work in a depth role for a Yankee team that has been hit hard in Spring Training.

Injuries to Gerrit Cole and Luis Gil dealt major blows to the rotation. Clarke Schmidt will start the season on the injured list because of a shoulder issue. JT Brubaker suffered rib fractures that keep him out of the Opening Day mix. That has pushed non-roster invitee Carlos Carrasco and prospect Will Warren into the rotation behind Max Fried, Carlos Rodón and Marcus Stroman. Woodford joins Allan Winans and Brandon Leibrandt as pitchers with MLB experience who’ll begin the season in Scranton.

Yankees Sign Ryan Yarbrough

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10:57am: The Yankees have formally announced the contract. Gil was placed on the 60-day IL to open a roster spot for Yarbrough.

9:45am: Yarbrough is guaranteed $2MM on the deal and can earn another $250K via incentives, ESPN’s Jorge Castillo reports. Since the Yankees are in the top tier of luxury penalization, that comes with a 110% tax. Yarbrough will cost them a total of $4.2MM.

9:16am: The Yankees and free agent left-hander Ryan Yarbrough have agreed to a major league contract, reports Robert Murray of FanSided. The Excel Sports client opted out of a minor league deal with the division-rival Blue Jays over the weekend and was granted his release.

Yarbrough, 33, has spent the bulk of his career in the AL East, most of it with the Rays, for whom he pitched from 2018-22. He spent about half the 2024 season with the Jays, pitching well after coming over in a trade with the Dodgers. Yarbrough logged 31 1/3 frames with Toronto and notched a pristine 2.01 ERA with a 22.2% strikeout rate and 6% walk rate.

Yarbrough finished the ’24 season with a career-low 3.19 ERA in 98 2/3 innings, but that came with a paltry 16.3% strikeout rate and one of the tamest fastballs in the sport — averaging just 86.5 mph, per Statcast. Yarbrough sat 89-90 mph as a starter early in his career, but like new teammate Tim Hill, is now more reliant on an unusual delivery and soft contact. Yarbrough rarely allows hard contact (29.4%) and has plus command that helps him offset his lack of missed bats.

That reliance on soft contact does lead to some year-to-year inconsistencies in Yarbrough’s ERA, but the cumulative results have been solid. In 768 big league innings, Yarbrough has a 4.21 earned run average with an 18.7% strikeout rate and 5.5% walk rate. His history as a starter and more recent track record as a multi-inning reliever — last year’s 98 2/3 frames came in 44 appearances — surely held appeal to a Yankees club that has seen its rotation plagued by injuries this spring. Yarbrough probably won’t step into the rotation at any point, but he’s a nice long man to have on hand at a time when rotation depth is thinner than expected. His addition on a big league deal likely pushes waiver claim and fellow southpaw Brent Headrick to Triple-A Scranton/Wilkes-Barre to begin the season.

The Yankees will need to open a 40-man roster spot to make Yarbrough’s deal official, though given that just-mentioned slate of injuries, that shouldn’t be an issue. Gerrit Cole was already moved to the 60-day IL when the team selected Carlos Carrasco’s contract over the weekend, but the Yankees still have multiple 60-day IL candidates. Luis Gil will miss months due to a lat strain, and while an exact timetable for Giancarlo Stanton’s return from tendon injuries in both elbows, it doesn’t seem like he’s a candidate to make his 2025 debut anytime soon.

Yankees Considering Adding Right-Handed Hitting Depth

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It wasn’t long ago that the Yankees’ lineup was almost entirely comprised of right-handed hitters, but the additions of such players as Cody Bellinger and Jazz Chisholm Jr., plus the emergence of in-house options like Austin Wells, Ben Rice, and switch-hitter Jasson Dominguez has brought a lot more balance to the Bronx.  GM Brian Cashman even told reporters (including The Athletic’s Chris Kirschner) yesterday that he would be “happier” with another right-handed bat available on the roster, and that the Yankees are exploring such options as other teams make their end-of-spring cuts.

“I think some choices have emerged in camp, then it comes down to if those choices are better than anything else that might exist outside that you could either trade for and that you are comfortable enough giving up what it would take to get,” Cashman said.  “We’re measuring that versus options that might get the bad word in another camp that they’re not making it and all of a sudden we’re competing for those services.”

Giancarlo Stanton and DJ LeMahieu will both be on the injured list for the foreseeable future, leaving the roster short of two prominent bats that were expected (particularly in Stanton’s case) for regular roles.  Ideally, a right-handed hitter that could handle at least one of left field or third base would be the best fit, as such a player could step into the outfield if Dominguez struggles in his first extended stint of MLB playing time, or help out at a third base position that remains a question mark as Opening Day approaches.

The Yankees have such a player available in utilityman Pablo Reyes, who has amassed quite a bit of playing time at third, in left, and at other positions over his six big league seasons.  Reyes hasn’t hit much at the big league level, but he has hit decently well this spring, to the point that he seems to be on track to have his minor league contract selected to New York’s Opening Day roster.  That decision would put Reyes in position to share some at-bats at the hot corner with switch-hitter Oswaldo Cabrera.

Whether or not Reyes makes the team remains to be seen, as he could yet be the odd man out should the Yankees indeed bring a new player into the mix.  At the very least, Reyes seems to be a higher priority to the team than former top prospect Oswald Peraza.  As Kirschner observes, Cashman talking so openly about a need for right-handed hitting help doesn’t exactly bode well for Peraza’s future in the Bronx.

Peraza burst into the majors with an .832 OPS over 58 plate appearances during his 2022 rookie season, but that was reduced to a .539 OPS in 191 PA in 2023, as he didn’t rise to the occasion when given more of an opportunity at third base with LeMahieu on the injured list.  A shoulder injury then delayed his start to the 2024 season, and Peraza ended up making only four MLB appearances last year.

Both Reyes and Peraza are out of minor league options, so they would have to first go through waivers before New York could them send them to Triple-A.  Kirschner feels Peraza wouldn’t last long on the waiver wire given his solid defense, plus his former top-100 prospect status would surely attract teams that might feel he needs a change of scenery.  Having two out-of-options players on the bench isn’t ideal anyway from a roster flexibility standpoint, so it will be interesting to see how the Yankees proceed with this duo, or if a new face is brought into the organization.

Yankees Select Carlos Carrasco; Clarke Schmidt, Ian Hamilton To Begin Season On Injured List

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4:22pm: The Yankees officially announced the selection of Carrasco’s contract this afternoon. Right-hander Gerrit Cole was transferred to the 60-day injured list to open up a spot on the 40-man roster for Carrasco. That move is hardly a surprise, given that the club’s ace will miss the 2025 season after undergoing Tommy John surgery earlier this month.

11:31am: The Yankees will be selecting Carlos Carrasco’s minor league contract, as reported earlier today by Jack Curry of the YES Network.  Yankees GM Brian Cashman confirmed the Carrasco move to reporters (including The New York Post’s Greg Joyce) while also noting that right-handers Clarke Schmidt and Ian Hamilton will both be starting the season on the injured list.

Schmidt has pitched in just one game this spring, and was tagged for three runs in 1 2/3 innings in that lone outing.  His next start was scratched due to soreness in his throwing shoulder, and while the righty has since thrown a bullpen session and a live batting-practice session without discomfort, the IL stint will allow Schmidt extra time to properly build up his arm strength.

It looks as if Schmidt’s injury is fairly minor, which comes as some relief to a New York rotation that has already lost Gerrit Cole (Tommy John surgery) and Luis Gil (lat strain) to much longer-term problems.  Cole will miss the entire season and Gil is expected to be out until at least June, plus depth starter JT Brubaker will miss time recovering from fractured ribs.  All the injuries have rather quickly reduced what was an area of depth for the Yankees, opening up rotation spots for Marcus Stroman, Will Warren, and now Carrasco.

As an Article XX(b) free agent, Carrasco’s minor league deal contained opt-out clauses for today, May 1, and June 1 unless the Yankees added him to the big league roster.  In making the team, Carrasco now locks in a guaranteed salary of $1.5MM, plus his deal includes another $1MM in potential incentives.  It makes for a very nice birthday present for Carrasco, who just turned 38 yesterday.

While the rotation injuries obviously led to Carrasco’s selection, it shouldn’t be overlooked that Carrasco helped his own cause with an impressive spring camp, posting a 1.69 ERA across 16 innings of work.  While all Spring Training numbers should naturally be taken with a grain of salt, it represents a nice early sign that the right-hander might have some gas left in the tank as he approaches his 16th Major League season.

A longtime anchor of the Cleveland rotation, Carrasco spent the 2021-23 seasons with the Mets before returning to the Guardians for the 2024 campaign.  While he showed some signs of his old form in 2022, the last four years have been mostly a struggle for Carrasco, who has a 5.32 ERA across his last 399 1/3 innings in the big leagues.  That includes a 5.64 ERA in 103 2/3 frames with the Guards last year, after Cleveland added Carrasco to its Opening Day roster on the heels of another minor league pact.

Hamilton has been sidelined by an infection for most of Spring Training, and he didn’t make his Grapefruit League debut until he made a one-inning appearance on Thursday.  He might not need a ton of ramp-up time in preparation for a relief role, yet he’ll get at least 12 extra days (a 15-day IL placement with three days of backdating factored in) to get himself fully ready.  Hamilton has a 3.10 ERA over 95 2/3 bullpen innings since coming to New York in the 2022-23 offseason, establishing himself as a reliable member of the relief corps.

Offseason In Review: New York Yankees

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The Yankees found themselves in the rare position of being outbid by the Mets for the top free agent. They responded with multiple lesser but still significant pickups, including an eight-year deal to add a top-of-the-rotation arm.

Major League Signings

2025 spending: $52.35MM
Total spending: $238.35MM

Option Decisions

Trades and Claims

Notable Minor League Signings

Extensions

  • None

Notable Losses

The Yankees' season ended with a blown five-run lead in the World Series Game 5 clincher. The front office didn't have much time to think about that defeat. They faced a number of crucial decisions within the opening days of the offseason.

Some of those were straightforward. They exercised a $2.5MM option on Luke Weaver while moving on from Anthony Rizzo and Lou Trivino. They exercised their option on manager Aaron Boone, a precursor to the two-year extension he would sign early in Spring Training. They made the qualifying offer to Juan Soto. The biggest question of the offseason's first week: would Gerrit Cole test the market?

The ace had to decide whether to opt out of the remaining four years and $144MM on his nine-year free agent deal. If he triggered the opt-out, New York could override it by exercising a $36MM club option covering the 2029 season. Cole took his decision to the wire before deciding to opt out. The Yankees balked at the option. For a day, it looked like Cole would be one of the biggest risk-reward plays on the open market.

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