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MLBTR Podcast: The Mets’ Spending Power, Juan Soto Suitors, And The Rangers’ Payroll Limits

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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 of MLB Trade Rumors to discuss…

  • Mets president of baseball operations David Stearns recently addressed the club’s financial situation (2:00)
  • Does the spending capacity of the Mets make them favorites for Juan Soto? (16:00)
  • The Rangers are reportedly hoping to duck beneath the competitive balance tax in 2025 (23:00)

Plus, we answer your questions, including…

  • Which impending free agent has earned the biggest pay raise by his performance in the current postseason? (30:30)
  • Could the Cardinals get Ryan Mountcastle from the Orioles in a deal for Ryan Helsley to fill the void at first? (36:40)
  • Could Rowdy Tellez be a fit for the Tigers? (38:50)
  • Should Justin Verlander switch into a closer’s role? (41:10)
  • Details on what’s coming up soon at MLBTR, including the Top 50 Free Agents, top trade candidates and a megapod (43:25)

Check out our past episodes!

  • The World Series, The White Sox Reportedly For Sale, And Tropicana Field – listen here
  • Changes In Minnesota, Cubs’ Prospect Depth, And Possibilities For The O’s – listen here
  • Previewing FA Starting Pitchers, TV Deals, And Potential Spending Teams – listen here

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

Latest On The Cardinals’ Offseason Plans

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As the postseason nears its conclusion, we’re rapidly nearing the proper start of the offseason for all thirty clubs. Among the first decisions to be made for any club during the offseason is whether or not they’ll exercise club options for the following season. Those decisions are due five days after the end of the World Series, but clubs generally have an idea of where they stand before then. The Athletic’s Katie Woo discussed the Cardinals’ plans for the three club options they hold for 2025 this morning, and noted that the club is “not expected” to exercise its $12MM option ($1MM buyout) on veteran righty Lance Lynn or its $6MM option ($1MM buyout) on reliever Keynan Middleton.

Neither of those decisions are necessarily a surprise. Previous reporting indicated that Middleton was expected to land elsewhere this winter, and while Lynn’s status was more up in the air it’s long appeared that the club may prefer to retain right-hander Kyle Gibson on his team option, which comes with identical terms to Lynn’s, in 2025. That said, Woo makes clear that even Gibson’s option being picked up isn’t a guarantee. Instead, Woo suggests that the club would be “almost guaranteed” to trade either right-hander Miles Mikolas or southpaw Steven Matz this winter if Gibson’s option does end up getting picked up. Woo notes that the odds of Gibson’s option being picked up will “increase” if the Cardinals feel confident they’ll be able to move one of the two this winter, but that’s far from a guarantee.

Matz is surely the more tradable of the duo, even as he’s coming off a largely lost season on the mound that saw him pitch to a lackluster 5.08 ERA amid injuries that limited him to just 44 1/3 innings of work on the mound. While that production is unlikely to entice much in return on the trade market, the increasing price of starting pitching in recent years makes the remaining one year and $12.5MM on Matz’s contract a bit more palatable than it otherwise would be. Overall, the southpaw has been roughly league average (95 ERA+) while swinging between the bullpen and rotation for the Cardinals and figures to be a generally solid serviceable back-of-the-rotation starter in 2025. It’s also possible a club could look to convert him to full-time relief work after the lefty posted sub-3.00 ERAs out of the bullpen in each of his last three seasons, albeit in small sample sizes that total just 33 1/3 innings of 2.43 ERA ball.

Mikolas, however, figures to be quite difficult for the club to move. Woo notes that the 36-year-old is among the club’s many veterans (including Sonny Gray, Willson Contreras, and Nolan Arenado) who holds a no-trade clause that will restrict their availability to be dealt this winter. The Cardinals will need to have conversations with all of those players about their futures, but even if Mikolas agrees to waive his no-trade rights to play elsewhere its unclear how interested rival clubs would be in his services. Mikolas just endured the worst season of his Cardinals career in 2024 as he pitched to a subpar 5.35 ERA in 171 2/3 innings of work.

A hurler who will turn 37 in August with three below average seasons by ERA+ over the last four years and a $17.67MM salary for 2025 seems unlikely to garner much interest on the trade market unless St. Louis is willing to pay down a significant portion of his salary. That being said, there are some silver linings in Mikolas’s profile. The veteran’s 4.24 FIP and 4.28 SIERA in 2024 were far better than his actual on-field results, and he remains one of the most durable starters in the game today. Over the past three seasons, Mikolas has made 100 appearances (99 starts) and thrown 575 1/3 innings. That’s good for the sixth-most innings in baseball over that time, behind only Logan Webb, Aaron Nola, Corbin Burnes, Logan Gilbert, and Framber Valdez. If the Cardinals were willing to pay down a portion of Mikolas’s salary, it’s at least feasible that a team in need of innings could take a flier on the veteran in hopes of a bounce-back.

Phillies Sign Cody Stashak To Minor League Deal

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The Phillies have signed right-hander Cody Stashak, according to a report from Ted Schwerzler. Per The Athletic’s Matt Gelb, the arrangement is a minor league deal with an invite to Spring Training.

Stashak, 30, was a 13th-round pick by the Twins in the 2015 draft who first made his big league debut with the club back in 2019. It was generally an effective rookie season for the right-hander, who pitched out of the bullpen (barring one start as a two-inning opener) to solid results with a 3.24 ERA and 3.01 FIP in 25 innings. Stashak struck out 24% of opponents that year while walking just one batter all season. That impressive command over the strike zone showed up again during the shortened 2020 season, as Stashak turned in another strong season with Minnesota: across 15 innings of work, Stashak posted a 3.00 ERA with a 3.26 FIP, a 29.8% strikeout rate, and a 5.8% walk rate.

Unfortunately for the right-hander, his performance would take a nosedive during the 2021 season. Stashak saw his walk rate skyrocket to 13.3%, and while his strikeout rate was an excellent 34.7%, the additional traffic on the bases left the right-hander with awful results despite a solid enough 3.62 FIP. In 15 2/3 innings of work, Stashak surrendered 12 runs (all of them earned) for an ERA of 6.89. Despite those ugly run prevention numbers, Stashak’s strong track record and solid peripherals were enough to convince the Twins to keep him around for the 2022 season.

That proved to be a solid enough decision, as Stashak quickly bounced back to his old form. While his 3.86 ERA was somewhat pedestrian and his 23.1% strikeout rate was the lowest of his career, he had clearly recaptured his excellent command as he did not walk a single batter that season. Unfortunately, the righty’s season was cut short in early June when he went under the knife to repair a torn labrum in his throwing shoulder. The Twins designated him for assignment the following offseason rather than keep him on the roster while he rehabbed, and he elected free agency rather than remain with the club in the minor leagues.

Since recovering from that surgery, Stashak had a brief stint in the Atlantic League with the Lancaster Barnstormers before signing with the Giants on a minor league deal. He struggled badly in his first outings following his return to affiliated ball late in the 2023 season, but the Giants nonetheless retained him on a minor league deal this past year. Stashak posted mediocre numbers at Triple-A for the club this past year with a 5.45 ERA in 36 1/3 innings of work, though that figure is a bit inflated thanks to the extreme offensive environment in the Pacific Coast League. Stashak’s trademark control was on display this year as he walked just 7.4% of opponents against a 27.2% strikeout rate, however.

Those solid peripherals were evidently enough for the Phillies to be intrigued by Stashak. He’ll join the club for Spring Training and look to show he’s returned to the excellent form he posted early in his career with the Twins in hopes of landing a spot in the Philly bullpen next year. There should be a handful of spots available, as leverage arms Jeff Hoffman and Carlos Estevez are both ticketed for free agency along with swingman Spencer Turnbull.

The Opener: World Series, Freeman, Managerial Searches

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As the World Series continues, here are three things we’ll be keeping an eye on around the baseball world throughout the day today:

1. World Series Game 5:

The Yankees extended their season yesterday with a 11-4 win over the Dodgers last night. An Anthony Volpe grand slam put the club in front in the third inning, and while L.A. scored a pair in the fifth the Yankees responded in the sixth before pouring on five runs in the bottom of the eighth to seal the deal. After the club’s bats appeared to be largely absent throughout the series, the club is surely hoping yesterday’s offensive explosion will carry over into Game 5, which will be a rematch of Game 1’s duel between Gerrit Cole and Jack Flaherty. The Yankees ace threw six innings of one-run ball while striking out four in his first World Series outing since 2019, while Flaherty countered with six strikeouts and two runs over 5 1/3 innings of work. The game is scheduled to begin at 8:08pm local time this evening.

2. Freeman makes history:

Dodgers first baseman Freddie Freeman made history last night when he became (as noted by MLB.com’s AJ Cassavell) the first player in World Series history to hit a home run in six consecutive World Series games. After hitting homers in the final two games of the 2021 World Series against the Astros as a member of the Braves, Freeman has gone yard in all four games of the 2024 World Series to this point, including his walk-off grand slam in Game 1. Last night’s history-making blast was a two-run shot in the first inning that gave the Dodgers the only lead they’d have all night. No player has ever homered in every game of a single World Series, though Freeman could change that with a home run and a Dodgers win this evening. Will he and the Dodgers make history again today?

3. As White Sox wrap up managerial search, all eyes on Miami:

The White Sox are reportedly set to hire Rangers associate manager Will Venable as their next manager, giving the 42-year-old his first managerial gig after he previously served as the #2 in both Arlington and Boston. The White Sox have not yet officially announced the decision, as teams generally avoid announcing news on days where a playoff game occurs. While the baseball world waits for Chicago’s decision to become official, all eyes will be on the final managerial vacancy remaining this offseason: that of the Marlins. Venable was reportedly a finalist for the job in Miami alongside Guardians bench coach Craig Albernaz. Will the Marlins’ managerial search conclude quickly in an Albernaz hire now that Venable is off the board, or is there a dark horse candidate who could emerge in the coming days?

Offseason Outlook: Cleveland Guardians

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Despite a quiet offseason, the Guardians returned to contention in 2024. They won 92 games and the AL Central crown before falling to the Yankees in the ALCS. As November approaches, two related questions loom large for this team: Will the surprising success of their rivals in Detroit and Kansas City convince the Guardians to do more this winter to defend their division title? Or will the potential loss of local media revenue lead to another slow offseason?

Guaranteed Contracts

  • José Ramírez, 3B: $88MM through 2028
  • Andrés Giménez, 2B: $96.86MM through 2029 ($23MM club option for 2030 with $2.5MM buyout)
  • Myles Straw, CF: $13.8MM through 2026 ($8MM club option for 2027 with $1.75MM buyout and $8.5MM club option for ‘28 with a $500K buyout)
  • Emmanuel Clase, RHP: $11.3MM through 2026 ($10MM club options for 2027 and ‘28 with $2MM buyout for ‘27 and $1MM buyout for ‘28)
  • Trevor Stephan, RHP: $5.8MM through 2026 ($7.25MM club option for 2027 with $1.25MM buyout and $7.5 club option for ‘28 with no buyout)

Additional Financial Commitments

  • Jean Segura, INF: $2MM buyout owed on $10MM club option for 2025

Total 2025 commitments: $45.17MM
Total future commitments: $225.26MM

Arbitration-Eligible Players (service time in parentheses; salary projections via MLBTR contributor Matt Swartz)

Non-tender candidates: Karinchak, McKenzie, Hentges

Free Agents

The top teams are often the most well-rounded, but the 2024 Guardians were defined by their strengths and weaknesses. Their bullpen was the best in baseball, but their starters were unreliable for most of the year. Meanwhile, their offense was excellent against left-handed pitching but struggled to score against righties. They were also one of the better defensive teams in the league by almost every metric, but their baserunning numbers were surprisingly mediocre. First and foremost, the Guardians need to focus on their scoring, and not run prevention, this winter. That said, they could badly use a couple more reliable options for the rotation.

All-Stars José Ramírez and Steven Kwan led the offense in 2024, and they’ll be back at the top of the order again next year. Even the notoriously stingy and trade-happy Guardians wouldn’t possibly part with their star third baseman, who continues to look like an absolute bargain on the seven-year, $141MM extension he signed in 2022. As for Kwan, the left fielder is a strong extension candidate himself after another terrific season. 

Additional veterans in the lineup include the slugging Josh Naylor at first base, defensive stalwart Andrés Giménez at second, and trade deadline acquisition Lane Thomas in center field. Youngsters Kyle Manzardo (DH), Bo Naylor (C), and Brayan Rocchio (SS) should have spots in next year’s starting nine as well. All three had up-and-down seasons, but considering their recent top prospect status, there’s little reason to think they won’t get to continue their development with the big league club in 2025. Indeed, the best way for Cleveland to improve its offense next year will be to get more production out of Manzardo, Bo Naylor, and Rocchio.

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Brewers Retain Pitching Coach Chris Hook On Multi-Year Extension

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The Brewers are retaining pitching coach Chris Hook on a multi-year extension, the team announced this afternoon. He would otherwise have been out of contract on Thursday.

That’ll keep Hook around for a seventh season and beyond. The 56-year-old has been a member of the Milwaukee organization for nearly two decades. He worked through the minor league ranks to pitching coordinator before getting the nod on Craig Counsell’s staff during the 2018-19 offseason. Pat Murphy kept Hook in that role when he took the reins last offseason.

It’s easy to see why the Brewers are retaining him. Milwaukee’s success has generally been built around strong run prevention groups. Over the last six seasons, the Brewers are fifth in earned run average and trail only the Astros in strikeout rate. As is the case with any coach, it’s impossible to know from the outside how much of the credit Hook deserves for those results. Still, the Brewers have had one of the best pitching staffs in MLB for an extended stretch despite rarely making significant free agent moves.

That continued this past season under difficult circumstances. The Brewers traded Corbin Burnes and operated without Brandon Woodruff for the entire year. It was a patchwork rotation beyond Freddy Peralta, especially once Wade Miley and Jakob Junis went down with early injuries, but the Brewers managed a 3.65 ERA that ranked fifth in MLB. Journeyman righty Colin Rea had a career year, while 26-year-old Tobias Myers turned in 138 innings of 3.00 ERA ball after struggling in the upper minors. Milwaukee got serviceable results out of deadline acquisitions Aaron Civale and Frankie Montas (coinciding with a slight velocity bump in Montas’ case).

Milwaukee has made a couple changes to Murphy’s staff on the heels of another NL Central title. The Brewers announced last week that they were parting ways with co-hitting coach Ozzie Timmons and adding Al LeBoeuf and Eric Thiesen to the staff as hitting coaches.

White Sox Managerial Search Reportedly Down To Three Finalists

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The White Sox are on the hunt for a new manager and might be getting closer to a decision. Per Bob Nightengale of USA Today on X, the three finalists for the job are Rangers associate manager Will Venable, Guardians bench coach Craig Albernaz and former Angels manager Phil Nevin.

As noted by Nightengale, this could make for an interesting standoff. The Sox are one of two clubs on the hunt for a new manager, with the other being the Marlins. It was reported yesterday by Barry Jackson and Craig Mish of the Miami Herald that Venable and Albernaz are the two finalists for the Marlins gig, so there’s plenty of overlap in the two searches.

Nevin, 53, appears to be the one name on the radar of the Sox but not the Marlins. Jon Heyman of The New York Post listed him as a candidate a few weeks ago and it seems Nevin is still in the running. He’s also the only one in the group with previous managerial experience. He was working as the Angels third base coach in 2022 when manager Joe Maddon was fired. The club gave Nevin the gig on an interim basis and eventually re-signed him for the 2023 campaign but didn’t extend his contract after that.

The club went 119-149 during his time there, but that might not say much about his abilities as a skipper. The club also posted poor results before he had the job and after he left, meaning the poor record is likely more a reflection of roster construction as opposed to a lack of dugout leadership.

After parting ways with the Angels, Nevin interviewed for the managerial vacancy in San Diego but that job went to Mike Shildt and Nevin didn’t land a gig elsewhere for the 2024 season. Prior to joining the Angels, he spent about a decade in the majors as a player before pivoting into coaching. He worked in indy ball and then in the minors with the Tigers and Diamondbacks. He then had major league coaching jobs with the Giants and Yankees before landing with the Angels.

Venable is also a former player with plenty of coaching experience. He was a base coach with the Cubs for the 2018-2020 seasons before becoming the bench coach with the Red Sox. He’s spent the past two years as associate manager for the Rangers under skipper Bruce Bochy.

He was listed as a candidate for managerial gigs last winter with the Guardians and Mets but reportedly declined to be interviewed as he was happy with the Rangers. Now it appears that he’s giving more consideration to a change. Heyman reported yesterday that Venable was in Miami to interview for that gig and a move to the South Side of Chicago seems to be feasible as well.

Albernaz never cracked the majors as a player, spending almost a decade in the minors from 2006 through 2014. After that, he started his coaching career in the minor league system of the Rays. Prior to the 2020 season, he was added to the major league staff of the Giants as bullpen and catching coach. A year ago, the Guardians hired him to be their bench coach, working under new manager Stephen Vogt.

It’s been speculated by some that Albernaz is the favorite for the Miami job, given his history with Marlins president of baseball operations Peter Bendix. When Albernaz was coaching for the Rays in the minors, Bendix was working for that club, eventually becoming general manager in December of 2021.

Pedro Grifol was fired as White Sox manager during the most recent season and replaced by Grady Sizemore on an interim basis. Sizemore had been identified as a candidate to take the job more permanently but Nightengale’s report suggests he’s behind this trio of Venable, Albernaz and Nevin.

Plenty of other names have been connected to the job but many have reportedly been eliminated from the running, including former Marlins manager Skip Schumaker, Cardinals bench coach Daniel Descalso, Tigers bench coach George Lombard, Rangers bench coach and offensive coordinator Donnie Ecker, Dodgers first base coach Clayton McCullough and Padres special assistant A.J. Ellis.

Teams are generally discouraged from announcing big news on days when a playoff game is taking place. Even if the White Sox make a final decision soon, it may not be publicly reported until the World Series is done or gets to Thursday’s off-day.

Carson Fulmer, Charles Leblanc Elect Free Agency

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Right-handed pitcher Carson Fulmer and infielder Charles Leblanc elected free agency on Monday, according to the transaction log on MiLB.com. The Angels sent both players outright to Triple-A last week.

Fulmer won’t turn 31 until December but has already spent time with seven different organizations: the White Sox, Tigers, Orioles, Reds, Dodgers, Mariners, and Angels. Over eight major league seasons, he has largely worked as a low-leverage reliever and occasional spot starter, pitching to a 5.38 ERA and 4.92 SIERA in 227 1/3 innings. Needless to say, that’s not the kind of pitcher the White Sox were hoping for when they selected Fulmer with the eighth overall pick in the 2015 draft. Nonetheless, teams always need arms to pitch innings, and Fulmer proved he could fill that role with the Angels in 2024. In his most productive season to date, he made 37 appearances (eight starts) and gave L.A. 86 2/3 innings with a 4.15 ERA and 4.39 SIERA. Outside of a brief stint on the injured list with elbow inflammation, he stuck with the club from the day he had his contract selected on April 8 to the end of the regular season. The promise and potential of the former first-round pick have long since evaporated, but there is value in a pitcher who can offer innings as both a starter and reliever, even if he doesn’t excel in any particular area. Fulmer shouldn’t have trouble finding a new team this offseason, although he might have to settle for another minor league deal.

Leblanc is not nearly as established a player, though he has played well in the brief opportunities he’s gotten at the major league level. Over 59 games split between the Marlins in 2022 and the Angels in 2024, he’s hit 10 doubles and six home runs, good for a .742 OPS and a 109 wRC+. A former shortstop, he now splits his time between all three bases. That versatility, along with his righty pop, are his primary selling points as a bench bat. The fact that he still has two minor league options years remaining could also make him attractive to potential suitors this winter. That being said, his mediocre Triple-A numbers over the past two seasons (.253/.381/.430, 108 wRC+) and his 31.5% strikeout rate in the majors explain why the 28-year-old hasn’t seen much playing time at the MLB level. He should be able to land somewhere on a new minor league deal, but he’ll have to earn his way back up if he’s going to get another shot in the big leagues.

The Opener: World Series, Marlins, MLBTR Chat

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With the 2024 season nearing its conclusion, here are three things for MLBTR readers to keep an eye on today:

1. Dodgers go for the sweep:

Game 3 of the World Series at Yankee Stadium last night ended much the same as Games 1 and 2 did in L.A. over the weekend — with a Dodgers victory. In a game where struggling right-hander Walker Buehler delivered five scoreless innings for the Dodgers, the Yankees were unable to score until they already had two outs in the ninth inning. They now enter Game 4 in need of the first 0-3 World Series comeback in history to win their first World Series since 2009.

Today is scheduled to be a bullpen game for the Dodgers, a reality that theoretically could create an advantage for the Yankees as they send talented righty Luis Gil (3.50 ERA) to the mound. This will be only Gil’s second appearance in the postseason after he started against the Guardians and surrendered two runs in four innings while striking out three. The Yankees need a strong start from the rookie right-hander and/or a wake-up call for their dormant offense in order to stay alive and pass the ball back to Gerrit Cole in Game 5.

2. Marlins managerial search heating up?

After the weekend brought about some buzz regarding the managerial vacancy in the White Sox dugout, yesterday saw the rumor mill kick into gear with reports about the other ongoing managerial search being conducted in Miami. The Marlins are seemingly down to two finalists for the role: Guardians bench coach Craig Albernaz and Rangers associate manager Will Venable. Both have received interest from the White Sox as well, with Venable having already interviewed for that position and seemingly remaining in the mix in Chicago. While it’s unlikely that Miami will formally announce anything while the World Series is ongoing, news regarding their decision appears to be on the horizon.

3. MLBTR Chat this afternoon:

With the World Series on the brink of an early conclusion, the 2024-25 offseason is now closer to getting underway than ever. If you have any questions about the upcoming winter, your team’s direction, or the ongoing World Series that could end as soon as tonight, MLBTR’s Steve Adams is holding a live chat with readers at 3pm CT today. You can click here to ask a question in advance, join in live once the chat begins, or read the transcript once the chat is complete.

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