Giants Sign Sean Manaea
DECEMBER 16: The Giants have officially the signing of Manaea.
DECEMBER 12: Lefty Sean Manaea and the Giants have agreed to a two-year, $25MM deal with an opt-out after the 2023 season, according to Jon Heyman of the New York Post. Manaea is represented by the Boras Corporation.
The deal marks a return to the Bay Area for the 30-year-old Manaea, who was traded from Kansas City to Oakland as a prospect at the 2015 trade deadline as part of the Ben Zobrist deal. Manaea debuted for the A’s the following year and was a steady presence in their rotation throughout his six seasons in Oakland, though he did miss most of the 2019 season after undergoing shoulder surgery.
Still, with both his career ERA (3.86) and FIP (3.96) under 4.00, Manaea was a fairly attractive arm to teams searching for rotation help after the lockout ended this spring, and so the A’s shipped him to San Diego along with relief prospect Aaron Holiday to acquire prospects Euribiel Angeles and Adrian Martinez. Things didn’t go so well for Manaea in San Diego, however, as he struggled in 2022, posting an unsightly 4.96 ERA (75 ERA+) in 158 innings that his 4.53 FIP only slightly improves upon.
That rough platform season is likely why Manaea was available to San Francisco, who showed interest in him during last week’s Winter Meetings, at such a low price compared to what we’ve seen from the rest of the mid-rotation market. It’s of course possible that Manaea eschewed a larger guarantee in order to secure a chance to test the market again next offseason, hoping to see his results improve in 2023.
In that regard, the deal is similar to the one the Giants signed Carlos Rodon to last offseason, albeit at a much lower AAV of just $12.5MM compared to Rodon’s $22MM. Manaea may prove to be Rodon’s replacement in a rotation that includes Logan Webb, Alex Cobb, Alex Wood, and Anthony DeSclafani, should Rodon ultimately sign elsewhere this offseason. Rodon is known to be seeking a seven-year deal this offseason, with the Cardinals and Yankees among those interested.
While it seems unlikely Manaea can imitate Rodon’s sterling 2022 production in 2023, there’s still reason to believe that Manaea can bounce back from his difficult 2022 in the coming season. His strikeout and walk rates of 23.2% and 7.5%, respectively, are roughly in line with his career norms and were actually slightly above league average last year according to Baseball Savant. And for the season’s first three months, Manaea’s numbers were right in line with his career marks. Through the end of June, he’d posted a 3.92 ERA and 3.76 FIP with a 25.8% strikeout rate and 9% walk rate. Over the final three months of the season, however, Manaea was rocked for an ERA just over 6.00, with a huge portion of the damage coming in a pair of eight-run drubbings at Dodger Stadium.
Manaea’s biggest problem in 2022 was the long ball, as he allowed a whopping 1.65 home runs per nine innings that doubtlessly contributed to his strand rate of just 67.5% — his lowest in any full season of his career. Moving his home games Oracle Park, one of the most difficult ballparks in the majors for home run hitters, should aid Manaea in his bid to return to form in 2023. If Manaea can post a season more in line with his 2021 performance, where he posted a 3.91 ERA/3.66 FIP in his 179 1/3 innings of work, he’ll justify the investment from San Francisco and be in line for a larger deal, more in line with the four-year, $52MM guarantee MLBTR predicted for him this offseason.
With their starting five for 2023 likely set barring another surprise addition, the Giants seem primed to turn their attention to the lineup, which largely struggled in 2022 with the exception of All-Star Joc Pederson, who returned to the Giants by accepting a qualifying offer early in the offseason. San Francisco already added Mitch Haniger but is rumored to be interested in adding a second outfielder, even after missing on pursuits of Aaron Judge, Brandon Nimmo, and Cody Bellinger.
The Giants are also are expected to address an infield that lost Brandon Belt and Evan Longoria to free agency this offseason, while suffering a considerable step back from shortstop Brandon Crawford after his resurgent 2021 season. The Giants reportedly have Carlos Correa as their top option in the free agent shortstop market, with the Twins and Cubs representing possible competition for Correa’s services. San Francisco also seems likely to look to upgrade their relief corps for next season. Earlier, they were rumored to have interest in pairing Kenley Jansen, who signed with the Red Sox, with Camilo Doval at the back of their bullpen, so a pursuit of another back-end bullpen option like Taylor Rogers seems feasible.
Marlins, Rangers Interested In Michael Conforto
6:41pm: The Rangers are also involved in the Conforto market, reports Ken Rosenthal of the Athletic. Texas general manager Chris Young told reporters coming out of the Winter Meetings they were hoping to address left field, where rookies Bubba Thompson, Ezequiel Duran and Josh Smith look like the in-house favorites for playing time. That corner outfield vacancy makes Conforto a fairly obvious target, particularly with Andrew Benintendi’s five-year deal with the White Sox taking the top free agent left fielder off the board.
1:09pm: The Marlins have shown some interest in free agent outfielder Michael Conforto, reports Jon Heyman of the New York Post. Heyman also lists the Astros and Cubs, both of whom have been previously linked to the Boras Corporation client, as teams with interest.
Miami entered the offseason searching for offensive help. They’ve done essentially nothing thus far, with the only noteworthy move being the non-tender of Brian Anderson. The Marlins hit just .230/.294/.363 in 2022, finishing 27th in on-base percentage and 28th in slugging. Spacious Marlins Park hasn’t done their batters any favors, but Miami’s offense was one of the league’s worst even after accounting for home environment. By measure of wRC+, which adjusts for park, the Marlins were 12 percentage points worse than the average hitting team — the sixth-lowest mark in the league.
Most of the Miami offense underperformed, with second baseman Jazz Chisholm Jr. their only standout hitter. That gives general manager Kim Ng and her staff myriad positions they could look to address. The outfield, which Miami thought they’d fixed last offseason, posed particular problems. Avisaíl García fell flat with a career-worst .224/.266/.317 showing in the first season of a four-year free agent deal. Jorge Soler, inked to a three-year deal after a massive postseason showing in 2021, managed just a .207/.295/.400 mark with subpar defense in left field.
The Marlins gave extended auditions to young players Jesús Sánchez and Bryan De La Cruz. Neither ran away with an everyday job, with both reaching base at a sub-.300 clip. Sánchez and De La Cruz each showed interesting power potential, but they both struck out more often than average while walking at a subpar clip. Of that group, only Sánchez — who spent most of the season’s second half in Triple-A after being optioned — hits left-handed.
Bringing in a lefty-swinging outfielder makes plenty of sense, and Conforto’s one of the more interesting options available. The 29-year-old missed all of 2022 recovering from an offseason injury to his right shoulder that required surgery. He’s not expected to have any health limitations by next spring, but the lost year raises some questions about how he’ll respond after such a long layoff.
Conforto wasn’t even at his best before the surgery, as his 2021 campaign was his worst in a while. He hit .232/.344/.384 over 479 plate appearances for the division-rival Mets in 2021. That’d still be an upgrade over the production Miami received from any of their outfielders last season, but it’s well shy of the .265/.369/.495 cumulative line Conforto had posted from 2017-20.
With his value at a low ebb, Conforto is looking for a bounceback opportunity. Agent Scott Boras has suggested he expects Conforto land a multi-year guarantee this offseason, one that allows him to opt out and retest free agency at the end of the 2023 campaign. Boras reiterated that sentiment when speaking with Anthony DiComo of MLB.com yesterday (Twitter link). That’s a rather lofty goal for a player coming off a season lost to shoulder surgery, and it remains to be seen if a team is willing to guarantee him multiple years.
While Conforto’s bat would be a welcome addition to the Miami lineup, he’s not an ideal fit from a positional perspective. He hasn’t played a single inning of center field since 2019, and his early-career defensive metrics there were very poor. Conforto’s a solid defender in the corner outfield, but he’s even less likely to be an option up-the-middle after surgery on his throwing shoulder. Miami reportedly prefers to push Soler more fully into designated hitter work in 2023, so Conforto and García could take the corners. That’d require leaning on Sánchez, De La Cruz or JJ Bleday again in center field, where each player is probably miscast. Of course, with an already shallow center field market having been picked clean, the Marlins may no longer have a viable alternative to rolling out another mediocre defensive outfield.
The Astros have been tied to Conforto on a number of occasions this offseason, as they’re reportedly looking to install a left-handed bat into the corner outfield mix. The Cubs were previously linked to Conforto as well, although that was before they signed Cody Bellinger to play center field. That filled Chicago’s outfield, which already contained Seiya Suzuki and Ian Happ in the corners. The Cubs don’t have a great option at designated hitter, though, which is presumably where they’re eyeing Conforto at this point. Seattle and both New York franchises were also linked to the Oregon State product at points this offseason.
Miami’s facing some competition in the Conforto market, but he shouldn’t be unattainable from a financial perspective. Barry Jackson of the Miami Herald wrote in September that owner Bruce Sherman was willing to sign off on a fairly modest payroll bump, but they’ve yet to dip into free agency thus far. The Fish have reportedly put forth an offer to former Dodgers third baseman Justin Turner, who remains unsigned. Heyman writes Miami appears willing to make a two-year commitment to the 38-year-old, who’s coming off a .278/.350/.438 showing in Los Angeles.
Mets Discussing James McCann In Trade Talks
The Mets are discussing catcher James McCann in trades, reports Andy Martino of SNY. No specific clubs are mentioned as having interest and it doesn’t appear anything is close, but the discussions are notable nonetheless.
Going into yesterday, the club already had three catchers on their 40-man roster going into yesterday, with McCann joined by Tomas Nido and Francisco Álvarez. Last night, the club agreed to terms with Omar Narváez, adding a fourth catcher into the mix. That created immediate speculation that the club would look to move one of their other receivers, with McCann a fairly logical choice.
McCann, 33 in June, had a strong two-year run with the White Sox over 2019 and 2020, hitting .276/.334/.474 for a wRC+ of 114. He parlayed that into a four-year, $40.6MM deal with the Mets, but has taken a dip since then. He hit .232/.294/.349 in 2021 for a wRC+ of 80 and then dipped further to .195/.257/.282 this year for a wRC+ of 59. He also made multiple trips to the IL and only got into 61 games. Defensively, he’s been a bit below average in his Mets tenure, posting a -3 Defensive Runs Saved and a -0.8 from FanGraphs’ framing metric.
McCann’s deal was slightly backloaded, as he got a $600K signing bonus followed by salaries of $8MM in the first two seasons followed by $12MM in each of the two seasons to come. That leaves two years and $24MM still to be paid out. Given his underperformance, it makes sense for the club to see if any team is willing to take it off their hands.
They don’t really need the cost savings, since money seems to be no object under owner Steve Cohen. Roster Resource pegs their current payroll at $344MM with a competitive balance tax figure of $356MM. That’s miles beyond the top luxury tax tier of $293MM. Since the club is a second-time payor, they’ll pay a 90% tax on any spending beyond that $293MM figure. Given that obvious willingness to spend, they don’t need to pinch pennies by shedding McCann’s contract, but it’s worth pointing out that those high taxes mean shedding a contract would come with double savings. McCann’s contract comes with an annual CBT hit of $10.15MM, since it’s based on the average annual value of the deal. A 90% tax on that means $9.135MM, so moving McCann and and his $12MM salary would actually save the Mets almost $20MM.
Regardless, it’s unlikely that any club would want to take on that salary in full, given his disappointing performance over the past two seasons. The catching market no longer has the most exciting free agents like Willson Contreras, Christian Vázquez and others, but there are still a few names left. Teams like the Cubs, Diamondbacks, Astros, Giants, Pirates, Padres, Tigers, Rays, Angels, Marlins and Red Sox either have reported interest in catching upgrades or make sense for one. They might look into McCann but they could also just sign someone like Gary Sánchez, Roberto Pérez or Tucker Barnhart. Those players would likely be limited to one-year deals at significantly lower salary than what McCann is set to make.
If the Mets are truly motivated to get McCann out of the way, they would likely have to include something else in the deal or just eat a portion of his salary. Álvarez is one of the most highly-regarded prospects in the game but is considered a bat-first catcher at this point. It’s possible the club could carry three catchers with Álvarez frequently slotting in as the designated hitter. However, four catchers seems rather untenable, meaning that McCann and Nido will likely see their names in trade rumors until a deal comes together.
Mets Sign José Peraza, Abraham Almonte To Minor League Deals
The Mets announced the signing of five players to minor league deals, including outfielder Abraham Almonte and infielder José Peraza. They also announced the previously-reported deals for right-handers Tommy Hunter, Sean Reid-Foley and Jimmy Yacabonis. All but Reid-Foley, who is likely to miss extended time after undergoing Tommy John surgery in May, will receive invites to major league Spring Training.
Peraza, 29 in April, will return to the Mets club he was with in 2021. A speed-and-contact guy, he’s stolen 79 bases in his career and has only struck out in 13.1% of his plate appearances but has never been much of a power threat. He did hit 14 home runs with the Reds in 2018, but that stands out as an anomaly compared to the rest of his career. For 2022, he spent the year in Triple-A on minor league deals with the Yankees and then Red Sox. Between the two clubs, he hit .236/.290/.354, wRC+ of 70. He’ll provide the Mets with a versatile depth option, as he’s played all three outfield slots and the three infield positions to the left of first base.
Almonte, 34 in June, has appeared in parts of the past 10 MLB seasons, though he’s been limited to part-time roles. His 82 games played in 2015 are still his career high. Last year, he mashed in the minors, getting into 80 Triple-A games and hitting .293/.417/.534 for a wRC+ of 153. He also got into 15 MLB games with the Red Sox, hitting .257/.297/.400 for a wRC+ of 93.
Almonte appeared to have a deal in place KBO’s LG Twins earlier this month, though they reportedly nullified the deal after conducting his physical. Whatever the issue was that caused the Twins to walk away, it’s evidently not a huge concern for the Mets. He’ll give them an experienced outfielder as a depth option in the minors.
Blue Jays To Sign Chris Bassitt
December 16: Bassit’s deal has now been officially announced by the team, with left-hander Anthony Kay designated for assignment in a corresponding move. The contract is split into three even salaries of $21MM, per Shi Davidi of Sportsnet. The first season will actually be a $3MM signing bonus and $18MM salary, per Jon Heyman of The New York Post.
December 12: The Blue Jays have agreed to a three-year, $63MM contract with free-agent righty Chris Bassitt, reports ESPN’s Jeff Passan. Bassitt is represented by Meister Sports Management.
In adding Bassitt, the Jays have fortified a rotation that saw Ross Stripling reach free agency, lost Hyun Jin Ryu to Tommy John surgery early in the summer, and experienced substantial struggles from righty Jose Berrios and lefty Yusei Kikuchi in 2022. The ultra-consistent Bassitt will step into the mix behind third-place Cy Young finisher Alek Manoah and ninth-place finisher Kevin Gausman, with Berrios and Kikuchi likely to follow.
Bassitt, 34 in February, is a late-bloomer who didn’t establish himself as a consistent big league rotation piece until his age-29 season — partly due to Tommy John surgery wiping out the bulk of his 2016 season and all of his 2017 campaign. However, since a 2019 breakout with the A’s, he’s been among the sport’s most effective arms. In that time, Bassitt carries a sharp 3.31 ERA with a strong 23.1% strikeout rate, a tidy 6.7% walk rate and a 44.3% ground ball rate that’s a bit better than average.
Though Bassitt’s results have been excellent, he hasn’t quite yet solidified himself as a 30-start workhorse, although that’s not necessarily through any fault of his own. He missed the first few weeks of the 2019 season due to a leg contusion he suffered late in a spring training game but came back to make 28 appearances (25 starts) of 3.81 ERA ball. In 2020, he made 11 starts and tallied 63 innings during the pandemic-shortened 60-game schedule.
Bassitt looked well on his way to a career-best season in 2021 but was interrupted by one of the most frightening scenes in recent baseball memory, when he took a 100 mph line-drive off his face. The right-hander immediately dropped into a heap on the mound and had to be carted off the field with a towel covering his face. While there was originally some concern of long-term vision problems, Bassitt incredibly escaped with “only” fractures in his cheekbone and jawbone, with no further damage being revealed on a subsequent CT scan and no long-term vision issues. Bassitt not only avoided a worst-case scenario but returned from surgery just six weeks later and pitched 6 1/3 innings of one-run ball across two appearances to close out the season.
Traded to the Mets as part of the Athletics’ fire sale following the 2021 season — Oakland acquired righties J.T. Ginn and Adam Oller in the deal — Bassitt made a career-high 30 starts and reached a career-high 181 2/3 innings in New York. He also averaged better than six innings per start, turned in a career-best 48.8% ground-ball rate and recorded a 3.42 ERA with fielding-independent marks to match in what’ll now likely be his lone season in Queens.
The Mets made Bassitt a $19.65MM qualifying offer, which he unsurprisingly rejected, recognizing the opportunity for just this type of lucrative multi-year deal. By signing him to this contract, which lands right in line with the three-year, $60MM predicted by MLBTR at the outset of the offseason, the Blue Jays will be required to forfeit their second-highest pick in next summer’s draft. They’ll also see the cap on their international bonus pool for amateur free agents reduced by $500K.
That’s all of minimal concern to the Blue Jays, who are clearly in win-now mode as they look to keep pace in one of the game’s most competitive divisions. Adding Bassitt is a large step toward that end — one that ostensibly aligns with a push to improve the team’s run-prevention, perhaps at the expense of some offensive thunder.
Toronto kicked off its winter by trading its final year of club control over Teoscar Hernandez to the Mariners — a deal that netted them an under-the-radar but high-end reliever, Erik Swanson, and a fairly well regarded pitching prospect, Adam Macko. The Jays remained largely quiet in the weeks to come, but just this weekend struck a deal with longtime Rays center fielder Kevin Kiermaier — one of the premier defensive players in the sport (when healthy). Of course, staying on the field has been difficult for the oft-injured Kiermaier and his devil-may-care approach to defense in center; he’s currently on the mend from season-ending hip surgery.
While the financial specifics of Kiermaier’s contract have yet to come to light, the sequence of moves will surely bring the Jays up to a franchise-record payroll. Bassitt alone brings their projected payroll a bit north of $200MM — already a club record — and Roster Resource projects their luxury-tax ledger to check in a bit north of $225MM. It’s possible that Kiermaier alone will push them to the $233MM first tier of luxury penalization, which would mark the first time the Blue Jays have crossed that barrier.
Of course, the entire picture could still change — at least to some extent. Toronto is also in the market for a left-handed bat to add to an near-entirely right-handed lineup, and the Jays’ front office has reportedly been willing to listen to trade offers on its trio of MLB-caliber catchers: Danny Jansen, Alejandro Kirk and Gabriel Moreno. Free agents Michael Brantley and Michael Conforto are among the most obvious fits, but the Jays could also ship one-third of that catching triumvirate out as part of a deal to acquire a younger left-handed bat and/or additional reinforcements to a bullpen that could still benefit from an arm or two.
However the remainder of the offseason plays out, Bassitt’s addition to a pair of righties who generated some Cy Young love in 2022 should give the Jays a formidable rotation, even if none of Berrios, Kikuchi or sixth starter/swingman Mitch White bound back in 2023. Not only will the Jays be strong on a per-inning basis, but the combination of Manoah, Gausman and Bassitt have all averaged better than 5 2/3 innings per start in recent years, which should go a long way toward helping keep the team’s bullpen fresh.
Berrios, at his best, has been similar — averaging six-plus innings per outing in 2018, 2019 and 2021. However,, the 2022 season was a wildly uncharacteristic one for Berrios, who in many ways paralleled Bassitt in terms of consistent, year-to-year results prior to his first full campaign in Toronto. If any of Bassitt, Kikuchi or White can turn in a strong showing this coming season, Toronto’s rotation could very well rank among the best and deepest in Major League Baseball.
Blue Jays Designate Anthony Kay For Assignment
The Blue Jays have officially announced their signing of right-hander Chris Bassitt. To make room on the 40-man roster, left-hander Anthony Kay has been designated for assignment.
A first-round selection of the Mets in 2016, Kay was seen as a potential quick-to-the-majors starter based on the strength of his control. He underwent Tommy John surgery just a few months into his professional career, however, costing him the entire 2017 campaign. Kay returned with a new curveball to pair with his fastball-changeup combination, working his way to Triple-A by 2019.
Midway through that season, New York dealt him to the Blue Jays alongside Simeon Woods Richardson to land Marcus Stroman. Kay got to the big leagues briefly at the end of the year, making three appearances with Toronto. He’s appeared at the MLB level in each of the three subsequent seasons, though he’s yet to establish himself as a consistent presence on a big league staff.
Kay has made 28 MLB appearances, seven of which were starts. Over 70 2/3 innings, he owns a 5.48 ERA. Kay has averaged 94 MPH on his fastball and punched out a solid 23.5% of batters faced, but the plus control that was once his calling card has dipped. He’s walked nearly 12% of big league opponents, and the Jays have bounced him on and off the MLB roster the past few seasons.
Through parts of three Triple-A campaigns, the UCONN product owns a 6.02 ERA in 107 2/3 frames. He was limited to eight outings and 14 innings at that level this year, losing much of the season on the minor league injured list. Kay looked rusty in that stretch, surrendering 14 runs with 15 strikeouts and 11 walks.
Toronto will now have a week to trade Kay or place him on waivers. The 27-year-old still has a minor league option year remaining, so another team could stash him in Triple-A for a season if they’re willing to keep him on the 40-man roster. With between one and two years of MLB service, he won’t reach arbitration until after the 2024 season at the earliest.
Brewers Sign Thomas Pannone To Minor League Deal
The Brewers announced to reporters, including Adam McCalvy of MLB.com, that they have signed left-hander Thomas Pannone to a minor league deal with an invitation to major league Spring Training.
Pannone, 29 in April, was drafted by Cleveland back in 2013 but was traded to the Blue Jays at the 2017 deadline as part of the Joe Smith trade. He made it to the big leagues with the Jays in 2018 and 2019, making 13 starts and 36 relief appearances over those two seasons. He posted a 5.43 ERA in that time with a 19.4% strikeout rate, 9.1% walk rate and 33.5% ground ball rate.
That’s the extent of his major league experiences so far, with the Jays outrighting him in August of 2020. He signed a minors deal with the Angels for 2021 but posted a 7.07 ERA in 118 1/3 innings in Triple-A that year. 2022 began with another minor league deal, this time with the Red Sox. After 63 innings with a 4.57 ERA, he signed with the KBO’s Kia Tigers in June. He seemed to get into a good groove over there, tossing 82 2/3 innings over 14 starts with a 2.72 ERA, striking out 21% of batters faced while walking just 6.9% of them.
Pannone will now see if he can parlay that half season of success in Korea into better results in North America. The Brewers have plenty of rotation depth, with Corbin Burnes, Brandon Woodruff, Eric Lauer, Freddy Peralta, Aaron Ashby and Adrian Houser candidates for the regular rotation, with Ethan Small, Janson Junk, Jason Alexander, Tyson Miller and Gus Varland also on the 40-man roster. Pannone’s best path to the roster might be as a lefty reliever, since Hoby Milner is the only southpaw projected for Milwaukee’s bullpen at the moment.
If Pannone does get selected to the club’s 40-man, he’s out of options and would have to stick around or else be designated for assignment. If he does stick around, he’ll be able to do so for an extended stretch as he has just over a year of service time.
Braves Acquire Hoy Park
The Red Sox announced that they have traded infielder/outfielder Hoy Park to the Braves. In exchange, they will receive a player to be named later or cash considerations. Park was designated for assignment earlier this week.
Park, 27 in April, has been bouncing around the league over the past couple of seasons. Originally a Yankee farmhand, he got out to a blistering start in 2021. In 48 Triple-A games, he hit .327/.475/.567 for a wRC+ of 180. On the heels of that torrid stretch, he went to Pittsburgh in the deal that sent Clay Holmes to the Yankees.
Unfortunately, his performance since that deal has made that hot streak look like a mirage. He hit .195/.297/.336 in 45 games for the Pirates after the deal. In 2022, he spent most of his time in Triple-A, getting into 89 games and hitting just .225/.332/.354 for a wRC+ of 86. He also got into 23 big league games but slashed a meager .216/.276/.373, 79 wRC+.
The Pirates designated him for assignment in November and then flipped him to the Red Sox for prospect Inmer Lobo, only for Boston to send him back into DFA limbo again a few weeks later. Despite the tepid offense over the past season and a half, Park continues to get interest due to his defensive versatility and speed. He regularly posts double-digit steal totals and can play all three outfield slots as well as the three positions left of first base. If his bat can even take a little step forward to be average-ish, he could be a valuable contributor.
For the Braves, they have most of their infield set with Matt Olson, Ozzie Albies and Austin Riley in place. Shortstop is still a question mark with Dansby Swanson having hit free agency and still on the open market. If he ends up signing elsewhere, it seems the plan would be to install Vaughn Grissom there. In the outfield, Michael Harris II and Ronald Acuña Jr. have two spots accounted for with Marcell Ozuna, Eddie Rosario and Sam Hilliard candidates for another. Park still has two option years remaining, which will allow the club to keep him in the minors as depth to be brought up as needed. But he could also compete for a bench/utility role with the likes of Orlando Arcia, Braden Shewmake and Ehire Adrianza.
Athletics Sign Trevor May, Designate Cody Thomas
1:08pm: May will be guaranteed $7MM on the deal, ESPN’s Jeff Passan tweets. He can earn an additional $500K worth of incentives.
1:02pm: The Athletics have signed veteran right-hander Trevor May to a one-year contract, the team announced Friday. May is represented by the VC Sports Group. Outfielder Cody Thomas was designated for assignment in a corresponding move.
May, 33, will head to the A’s in search of a rebound campaign after an injury-plagued 2022 showing with the Mets. The 6’5″ righty missed three months of the season due to a triceps injury that seemed to hamper him on the mound, as May’s 5.04 ERA in 25 innings was his worst mark since the 2016 season. Even with those rough bottom-line results, however, May retained his velocity (96.2 mph average fastball) and posted a strong 27% strikeout rate against a solid 8.1% walk rate.
From 2018-21, May was quietly one of the top strikeout arms in the league, logging 175 2/3 innings of 3.33 ERA ball as a setup man for the Twins. In that time, May’s 32.6% strikeout rate ranked 13th among 204 qualified relievers, while his 15.1% swinging-strike rate ranked 20th. He coupled that knack for missing bats with a solid 8.6% walk rate, all of which helped May pile up 46 holds and 11 saves as he went from low-leverage innings to a frequent late-inning option for the Twins and the Mets — the latter of whom signed him to a two-year, $15.5MM free-agent deal in the 2020-21 offseason.
May will look to bounce back into form with the A’s, who have no set closer in place at the moment. Given his salary and experience, May should get frequent opportunities in high-leverage spots for Oakland, be it as a ninth-inning option or as a member of manager Mark Kotsay’s setup corps. May immediately becomes the most seasoned arm in the Oakland bullpen, as prior to his arrival the A’s had just one reliever with even two years of Major League service time: lefty A.J. Puk. In addition to May and Puk, the A’s have Zach Jackson, Dany Jimenez, Domingo Acevedo and Sam Moll likely ticketed for bullpen roles. Given the inexperienced nature of that group, it stands to reason that May could be one of multiple relief additions for the A’s this winter.
May is the third free-agent signing for the low-budget A’s in as many weeks, joining infielders Aledmys Diaz (two years, $14.5MM) and Jace Peterson (two years, $9.5MM) as newcomers. Any of the three could become viable trade chips this summer, but May’s track record and status as a one-year signee makes him seem like a particularly plausible summer trade candidate.
The addition of that trio pushes Oakland’s payroll projection to a still (very) modest $51MM. That, somewhat incredibly, is still an upgrade over last year’s Opening Day payroll (just shy of $48MM), but there figures to be some additional spending ahead for the A’s, who could still upgrade in the rotation, bullpen and outfield, among other areas.
As for the 28-year-old Thomas, he made his big league debut in 2022 but only appeared in 10 games and tallied 32 plate appearances, during which he batted .267/.313/.267. He slashed a hearty .289/.363/.665 with 18 homers in just 245 Triple-A plate appearances in 2021, but Thomas missed nearly the entire 2022 season after undergoing spring surgery to repair his Achilles tendon. His plus raw power and that huge 2021 showing in Triple-A might be enough to pique another team’s interest, and the A’s will have a week to trade him or attempt to pass him through outright waivers.
Dodgers To Sign Noah Syndergaard To One-Year Deal
December 16: The Dodgers have made it official, announcing the signing. Fabian Ardaya of The Athletic provides details on the incentives. Syndergaard will earn a $500K bonus for reaching 130, 150 and 170 innings pitched.
December 14: The Dodgers and right-hander Noah Syndergaard are in agreement on a one-year contract that will see him make $13MM with $1.5MM in incentives available. He’ll reportedly unlock a $500K bonus for reaching each of 130, 150 and 170 innings. Syndergaard is represented by CAA Sports.
Syndergaard, 30, was once one of the best pitchers in the majors. In 2016, he tossed 183 2/3 innings with a 2.60 ERA, 29.3% strikeout rate, 5.8% walk rate and 51.2% ground ball rate. He was worth 6.0 wins above replacement that year in the estimation of FanGraphs, third in the majors among pitchers with only Clayton Kershaw and José Fernández ahead of him. That was the highlight of a stretch from 2015 to 2019 in which he tossed 716 innings with a 3.31 ERA, 26.4% strikeout rate, 5.6% walk rate and 49.1% ground ball rate.
Unfortunately, he hasn’t been able to be himself over the past few years, as he required Tommy John surgery in March of 2020. That prevented him from pitching at all in that season and he also hit a few setbacks in 2021, ultimately limited to tossing just two innings late in the year. Despite that lengthy layoff, the Mets extended a qualifying offer to him after that season, which he rejected in order to sign with the Angels on a one-year, $21MM deal.
2022 was good but not great for Syndergaard. He stayed healthy enough to make 24 starts and one relief appearance, logging 134 2/3 innings. That included a midseason trade to the Phillies, whose World Series run allowed him to toss another 8 1/3 innings in the postseason. His 3.94 ERA was not spectacular, though it was solid enough. However, his fastball averaged “just” 94.5 mph after averaging 98.2 mph from 2015 to 2018. He struck out just 16.8% of batters he faced, a huge drop-off from his earlier marks. He still showed excellent control, walking just 5.5% of batters faced, and posted a 42.8% ground ball rate that was right around league average. But the overpowering “Thor” from the previous decade didn’t seem present.
MLBTR predicted that Syndergaard would be able to secure a three-year, $36MM contract, an average annual value of $12MM. Instead, he has opted for a one-year “prove it” deal for a second consecutive season. Jon Heyman of The New York Post reports that Syndergaard had larger multi-year offers for more money from other teams but preferred to spend one year with the Dodgers and return to the open market again next winter.
The Dodgers have definitely preferred short-term deals and they have another one here. Last year, they signed Tyler Anderson and Andrew Heaney to one-year pacts worth $8MM and $8.5MM, respectively. They each went on to have very successful seasons, in different ways, that led to larger guarantees once they returned to the open market. Anderson got $39MM over three years from the Angels while Heaney got $25MM over two years from the Rangers, plus incentives and the ability to opt-out after the first season of the deal. Syndergaard has settled for a significantly lower salary than he got from the Angels a year ago, when he hardly pitched in the previous two seasons, but it seems he and the Dodgers are hoping this is a gamble that will pay off one year from now. Broadly speaking, the track record for pitchers in the second year after Tommy John surgery is stronger than in the first, which could help both parties win this bet.
For the Dodgers, this bolsters a rotation that was already strong but had its share of uncertainty. Syndergaard will slot in next to Julio Urías, Kershaw, Tony Gonsolin and Dustin May. Those four are also very good pitchers, but the group comes with injury concerns. Kershaw hasn’t been able to throw 130 innings in a season since 2019 due to various ailments. May just came back from Tommy John surgery late in 2022 and only made six starts on the year. Gonsolin jumped from swingman to starter in 2022 but dealt with a forearm strain down the stretch. Adding Syndergaard gives them an extra arm to get through the season and will reduce the need to rely on depth options like Ryan Pepiot, Michael Grove and Andre Jackson. It’s possible that Walker Buehler could contribute later in the year, but it’s not a guarantee after he underwent Tommy John surgery in August.
Financially, this deal brings the Dodgers’ payroll up to $185MM, per Roster Resource. That’s still well shy of the Opening Day figure they had in 2022, which was $281MM, per Cot’s Baseball Contracts. However, it’s been reported that the Dodgers are hoping to reset their luxury tax status this year. The competitive balance tax features escalating penalties for teams that pay it in consecutive seasons. The Dodgers paid in 2021 and 2022 and would be a third-time payor if they did so again in 2023, but they could go into 2024 as a “first-time” payor by limboing under the line in the coming season. Roster Resource pegs their current CBT figure at $201MM. That’s more than $30MM under the lowest tax threshold of $233MM, though there’s a chance Trevor Bauer‘s suspension could be overturned, putting his contract back on the books and leaving the club’s CBT figure right around that threshold. A decision on that matter is expected in the next month.
In terms of the market for starting pitchers, Syndergaard is the latest of many dominoes to fall in the past couple of weeks. Jacob deGrom, Justin Verlander, Kodai Senga, Chris Bassitt, Jameson Taillon, Taijuan Walker, Sean Manaea, Ross Stripling, Jose Quintana, Zach Eflin and Mike Clevinger have all come off the board recently. For teams still interested in starting pitching, Carlos Rodón is clear top option available, followed by Nathan Eovaldi, Michael Wacha, Johnny Cueto, Corey Kluber, Drew Smyly and others. Syndergaard’s name hadn’t been connected to many teams this offseason, though the Orioles had a Zoom call with him earlier this month.
Jeff Passan of ESPN first reported that the Dodgers and Syndergaard were in agreement. Fabian Ardaya of The Athletic first reported that it was a one-year deal. Jon Heyman of The New York Post first had the $13MM salary and incentives. Mike DiGiovanna of the Los Angeles Times first added the $1.5MM value of those incentives, with Ardaya further reporting the exact breakdown of those bonuses.
Image courtesy of USA Today Sports.