The Nationals have been on the periphery of the postseason picture for much of the season but are preparing to approach the trade deadline as a seller, per Ken Rosenthal, Katie Woo and Patrick Mooney of The Athletic. Washington will be open to offers both on potential free agents and players signed/controlled for only one additional season, per the report. The Nats’ group of impending free agents include outfielder Jesse Winker, lefty Patrick Corbin, righty reliever Dylan Floro, struggling slugger Joey Gallo and the currently injured Trevor Williams. Of even more interest will be outfielder Lane Thomas, setup man Hunter Harvey and closer Kyle Finnegan, each of whom is controlled through the 2025 season via arbitration.
The vibe in D.C. is high at the moment following the debut of top-ranked prospect James Wood and the All-Star selection of shortstop CJ Abrams. But Washington has dropped 11 of its past 15 games to fall seven under .500. At 16.5 games back in the NL East, there’s no hope of surging back to the front of the division, and in the Wild Card chase, the Nats are 5.5 games back of the third spot with six teams to pass in order to get into the fray.
The Nationals are already three years into a rebuilding process that kicked off in 2021 with trades of Max Scherzer, Trea Turner and Kyle Schwarber (among many others) and continued into the summer of 2022 with the deadline blockbuster that shipped Juan Soto to San Diego in exchange for a package of five young players headlined by Abrams, Wood and current staff leader MacKenzie Gore. Selling off some short-term pieces at this year’s deadline isn’t a sign that said plan has faltered or a setback necessarily; for much of the season, the Nats appeared ahead of schedule but are now settling into the type of position most expected them to occupy heading into the 2024 campaign.
Among Washington’s slate of rental players, Winker stands as the most productive healthy option. He’s back in vintage form after a pair of seasons ruined by knee and neck injuries that both required surgery in the 2022-23 offseason. In 337 trips to the plate, the former Reds, Brewers and Mariners outfielder is hitting .268/.382/.436 with ten home runs and a career-high 12 steals. Winker’s 13.6% walk rate is more than five percentage points ahead of the league average, and he’s striking out at a manageable 22.3% clip.
Winker has long had platoon issues, but the Nats have given him 80 plate appearances against southpaws this season and he’s held his own, hitting .250/.344/.363. It should be noted that his small-sample production against lefties is aided by a bulky .358 average on balls in play and comes in spite of a huge 29% strikeout rate (10 points higher than his mark against righties). Winker probably can’t be expected to continue his output against lefties, but he’s punishing righties just as he always has when healthy: .275/.397/.465 with nine of his 10 home runs and six of his 17 doubles. Winker signed a minor league deal with a $2MM base salary, making him an ultra-affordable option for any team seeking a quality left-handed bat to add to its DH/outfield mix.
Floro, 33, is in the midst of a nice rebound season. He’s on a one-year, $2.25MM deal and has produced 43 2/3 innings of 2.06 ERA ball. His 20.5% strikeout rate is a couple percentage points shy of average, but his 6.4% walk rate is a couple points better than par. Floro sports a strong 50.4% grounder rate as well. However, he’s yet to allow even one home run this season, and it’s not sustainable for any pitcher to see every single one of his fly-balls stay in the park. Metrics like SIERA (3.50) and xFIP (3.45), which normalize homer-to-flyball rate, view Floro as a solid arm but not the dominant force his raw ERA might suggest. He should still draw plenty of interest as an affordable veteran with some track record.
Corbin’s $35MM salary is going to nullify any trade interest unless the Nats are willing to pay down almost the entire sum. The first season of his six-year, $140MM contract with the Nats went beautifully, as Corbin helped lead a deep rotation and stepped up as a key postseason arm en route to Washington’s Cinderella World Series run. He’s posted a 5.60 ERA since, including a 5.49 mark in 100 frames this year.
That said, the veteran has been pitching well of late. Corbin sports a 4.53 ERA dating back to Memorial Day weekend and has delivered a 3.81 ERA in 28 1/3 frames over his past five starts. A team just looking for some veteran innings in the five spot could look at Corbin as a cheap solution if the Nats eat most or all of the remaining salary.
If healthy, Williams might stand as the clearest and most coveted rental piece the Nats have to offer. He made 11 starts, and though he was averaging just five frames per appearances, Williams logged a pristine 2.22 ERA with a solid 21% strikeout rate and 7.1% walk rate. As with Floro, he’s been extremely fortunate with home runs (just two in 56 2/3 frames), and a solid but unspectacular K-BB profile points to some ERA regression if that home run trend doesn’t continue. But Williams is in the second season of a two-year, $13MM contract and would be an affordable rotation option. He’s been out since early June with a strained muscle in his forearm.
Also on the injured list is Gallo, who was struggling at career-worst levels prior to a hamstring strain. He’s hitting .164/.285/.321 with a glaring 43% strikeout rate and five homers in 165 plate appearances. Between that line and Gallo’s injury, it’s hard to envision any trade value even if he’s healthy enough to return before July 30. He’s more a DFA candidate than a trade candidate.
Looking to the Nationals’ more controllable pieces, Thomas and the bullpen duo of Finnegan and Harvey will draw wide-reaching interest. A deal for Thomas could be difficult to line up, depending on how the Nats price him. At last year’s deadline, Washington was valuing Thomas as an everyday outfielder, whereas many other clubs were viewing him more as a potential platoon piece.
That perception from other clubs won’t be different in 2024. Thomas has never hit righties much but is slashing a dismal .208/.262/.343 against them in 2024. Conversely, he’s always hit well against southpaws and is even better than his career line in 2024, hitting .338/.407/.563. Thomas is an absolute menace to southpaw pitchers, and he’s perhaps deceptively fast. Statcast ranks him in the 94th percentile of MLB players in average sprint speed, and Thomas has already swiped 21 bags — though he’s also been caught seven times. He’s making $5.45MM this season and will be owed one more raise in arbitration this winter before hitting free agency post-2025.
Both Finnegan and Harvey are on track for free agency in the 2025-26 offseason as well. Finnegan has saved 23 games and posted a tidy 2.17 ERA in 37 1/3 frames. He’s averaged a hefty 97.4 mph on his heater while recording a 26.5% strikeout rate, 8.2% walk rate and 42.7% ground-ball rate. After a rough start in terms of his command, Finnegan has reined in the walks, yielding only a 5.8% rate over his past 32 innings.
Harvey was arguably even more appealing for much of the season, though a recent rough patch could have altered that. His $2.325MM salary is less than half Finnegan’s $5.1MM mark, he throws even harder, and his strikeout/walk/ground-ball rates were the better of the two for the bulk of the current campaign.
Some recent struggles have ballooned Harvey’s ERA to 4.40 — more than two runs higher than the 2.08 mark he carried into the month of June. He’s been tagged for 14 runs in his past 12 2/3 innings. In that time, he’s walked 9.1% of his opponents (more than double his rate over the first two months) and been tagged for a grisly 2.13 homers per nine frames. For a pitcher with a lengthy injury history — Harvey still has just 166 2/3 career innings despite debuting in 2019 — that could be a particular concern among bullpen-needy clubs. But the affordable salary, extra year of control, 98.1 mph average heater and K-BB profile should all generate interest.
One other name to consider is journeyman righty Derek Law, who’s posted a 3.35 ERA in 53 2/3 innings of relief already and is controllable through 2025. Law has fanned 21.2% of opponents against a 6.2% walk rate but has been wildly inconsistent dating back to his 2016 debut campaign. He’s earning $1.5MM this season and could be a sensible middle-innings arm for a team looking at low-cost means of deepening the ’pen.