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Mets Select Matt Festa, Tyler Jay; Designate Duke Ellis

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The Mets announced a set of roster moves, including the news that right-hander Matt Festa and left-hander Tyler Jay have had their contracts selected from Triple-A Syracuse.  The two pitchers will take the 26-man roster spots created when Tylor Megill and Danny Young were optioned to Triple-A yesterday.  To create room on the 40-man roster, the Mets designated outfielder Duke Ellis for assignment, and moved left-hander Brooks Raley (who had Tommy John surgery last month) from the 15-day injured list to the 60-day IL.

Festa and Jay will provide the struggling Mets bullpen with a couple of fresh arms.  Young had been pitching well before a downturn over the last week, as the southpaw has allowed two earned runs in each of his last three outings.  This ballooned Young’s ERA to 5.11 over 12 1/3 innings, after he’d posted a sparkling 0.87 ERA in his first 10 1/3 frames.

Young threw 1 1/3 innings in New York’s 9-6 loss to the Astros yesterday, and Megill got the start and gave up four runs over 5 1/3 frames of work.  Megill has a 5.08 ERA over 39 innings and eight starts, with all but one of those starts coming after a seven-week stint on the IL due to a shoulder strain.

With Megill struggling, his demotion was seen as a way for the Mets to bring some relief help up from Triple-A over the next four days.  The Athletic’s Will Sammon figures that the Mets will call up one of Christian Scott or Jose Butto to take Megill’s place in the rotation, and the team could need to cycle several arms through the rotation and bullpen in order to get through a tough stretch of the schedule.  Last Thursday marked the Mets’ last off-day until the All-Star break, as the club is two games into a string of 17 games in as many days.

For Festa, he’ll now be in line for his first big league action of the 2024 season, and the Brooklyn native will have the bonus of pitching close to home.  The 31-year-old Festa signed a minor league contract with the Mets last month after he was released from his minor league deal with the Padres, as a 4.50 ERA in 16 innings with San Diego’s Triple-A affiliate didn’t catch the Friars’ attention.  Festa has looked quite good in Syracuse, however, delivering a 1.76 ERA in 15 1/3 relief innings.  A veteran of four MLB seasons with the Mariners, Festa has a 4.32 ERA over 93 2/3 career frames in the Show.

Jay is back in the majors for the second time this season, as New York designated him for assignment and then outrighted the southpaw to Triple-A after throwing four innings over two appearances with the Mets back in April.  These two games marked Jay’s first taste of MLB action, as the sixth overall pick of the 2015 draft finally made it to the big leagues after a long journey marked by injuries and stints in independent ball.

Ellis also made his Major League debut this season, appearing in eight games for the White Sox (mostly as a defensive sub and pinch-runner) before Chicago designated him for assignment two weeks ago.  The Mets claimed Ellis away on waivers, but he only played in two games with Double-A Binghampton before returning to the DFA wire.  Ellis has hit only .241/.329/.333 over 965 career plate appearances in the minors, but he is known for his excellent baserunning, as he has 117 steals in 134 chances during his minor league career.  This speed and his ability to play all three outfield spots makes him an interesting pickup for any other clubs that might be looking to the waiver wire for outfield depth.

Brooks Raley Planning To Continue Pitching Post-Surgery

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Left-hander Brooks Raley underwent Tommy John surgery last month and won’t be able to return to the mound until around his 37th birthday, but he’s not planning on hanging up his spikes. “I know it’s going to be a long recovery, as everyone has told me. Slow and steady, slow and steady,” he told Tim Healey of Newsday. “But I think at some point, you turn the page and keep moving. I think I have a place in the sport.”

It would have been fair to wonder if Raley was thinking about calling it quits, given his age and this long layoff. But on the other hand, he’s no stranger to the winding road to success. He debuted with the Cubs back in 2012 but struggled in his first exposure to major league hitters, posting a 7.04 earned run average in 38 1/3 innings during the 2012 and 2013 seasons. He spent 2014 stuck in the minors, going to the Twins and Angels on waivers.

He then went to Korea and joined the KBO’s Lotte Giants, reinvigorating his career over there. He worked as a starter for that club for five years, tossing 910 2/3 innings with a 4.13 ERA. He returned to North America in 2020 but had to settle for a minor league deal with the Reds. He made that club’s roster but was designated for assignment after just four innings.

A waiver claim by the Astros was an opportunity to revive his career yet again. He finished the shortened season with that club and then made 58 relief appearances for them in 2021 after the Astros picked up a $2MM club option. His 4.78 ERA that year wasn’t especially impressive but an unlucky strand rate of 59.7% played a part in that. His 31.7% strikeout rate was quite strong and his 7.8% walk rate slightly better than average.

The Rays overlooked the ERA and signed Raley to a two-year, $10MM deal and were able to get strong results from the left-hander. He had a 2.68 ERA for Tampa in 2022, earning six saves and 22 holds. He was traded to the Mets prior to 2023 and had another good year, posting an ERA of 2.80 while earning another three saves and 25 more holds.

The Mets picked up a $6.5MM option for this year instead of going for the $1.25MM buyout. They were hoping Raley could continue his strong stretch of play but he was only able to toss seven innings before hitting the injured list and eventually requiring surgery.

It’s been quite a journey for Raley but he now has another obstacle to overcome. Interestingly, he tells Healey that he wasn’t recommended surgery right away but decided to just get it over with and begin the rehab process. “There was no solution that didn’t make this year shot. This is just a longer-term plan and the best one for me.”

Pitchers can sometimes return from an injured UCL without surgery. Masahiro Tanaka was diagnosed with a partially torn UCL in 2014 but kept pitching well for years without going under the knife. Seth Lugo was found to have a slight year in his UCL in 2017 but avoided the surgeon’s table. Last year, Mason Miller had a UCL sprain and spent a few months on the IL but is currently one of the best relievers in the league.

Given the long recovery time, players usually prefer to exhaust non-surgical options as long as possible, but this can sometimes just delay the inevitable. In the most recent example, Kyle Bradish of the Orioles was diagnosed with a UCL sprain in mid-February. He got a platelet-rich plasma injection and returned to the mound a few weeks later. He was able to rejoin the O’s and made eight good starts before landing back on the IL. He underwent Tommy John surgery earlier this week.

Raley seemingly didn’t want to follow that Bradish path. He turns 36 year old next week and will be 37 by next summer. If he stuck to the non-surgical options but eventually underwent the procedure later this year, perhaps he would not have been able to return at all in 2025, delaying his return until his age-38 season. By getting the operation out of the way last month, he at least has a chance to participate in the second half of the 2025 season.

He will spend the next few months rehabbing and will be a free agent at season’s end. Pitchers sometimes sign two-year deals while recovering from Tommy John surgery, with the signing club aware they may not get much return on their investment in the first season but hoping for a nice bounceback in the second. Raley’s age may dissuade teams from considering such a deal but it seems he’s committed to coming back one way or another, as he tells Healey he wants to pitch until he’s at least 40. Since coming back from the KBO in 2020, he has thrown 184 1/3 innings with a 3.42 ERA, 29% strikeout rate and 8.5% walk rate.

Brooks Raley Undergoes Tommy John Surgery

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May 30: Raley underwent Tommy John surgery Wednesday and had an internal brace installed in his elbow as well, the team announced.

May 21: Mets reliever Brooks Raley will undergo Tommy John surgery next week, reports Tim Healey of Newsday. That’ll end his 2024 season and likely cost him at least the first half of the ’25 campaign.

It could also mark the end of Raley’s time in Queens. The 35-year-old southpaw (36 in June) is set to hit free agency next offseason. Raley is playing this season on a $6.5MM salary after the Mets exercised a club option at the start of last winter. That was an easy decision considering how well Raley pitched between 2022-23.

In 126 appearances over that stretch, he turned in a 2.74 earned run average behind a 26.8% strikeout rate. The Mets received some trade calls at last summer’s deadline (and quite likely again over the winter) but elected to hold onto him as their top left-handed setup option.

That’ll unfortunately go down as a mostly lost investment. Raley had an excellent start to the season, working seven scoreless innings with nine strikeouts over eight appearances. He landed on the injured list on April 21 with what ultimately proved to a season-ending injury. While the Mets initially diagnosed the issue as inflammation and projected a short-term absence, later testing revealed ligament damage.

Without Raley, the Mets are light on left-handed relievers. Jake Diekman is their clear top option. The 37-year-old has made 20 appearances and posted his typical blend of huge strikeout and walk tallies. Diekman has punched out 23 of his 70 opponents (nearly 33%) while issuing 14 walks (20%). He owns a 3.86 ERA across 16 1/3 innings. The veteran is an effective reliever overall, but he’s probably miscast as a team’s best left-hander.

Josh Walker has been on and off the active roster throughout the season. He’s currently in a middle relief role. Danny Young is on optional assignment to Triple-A Syracuse. Tyler Jay saw a bit of MLB time early in the season and remains in the organization after being outrighted from the 40-man roster a month ago. The Mets could welcome swingman David Peterson back from the 60-day injured list as soon as next week. Whether he’ll work from the bullpen or grab a rotation spot — likely in place of the struggling Adrian Houser — is still to be determined.

Raley has spent the last month on the 15-day IL. The Mets can move him to the 60-day at any time that they need to open a spot on the 40-man roster (though they already have two vacancies in that regard). His camp will presumably look for a two-year deal when he hits the open market, likely with a low base salary in the first season.

Brooks Raley Facing Potential Long-Term Absence Due To Elbow Injury

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TODAY: Raley spoke with Newsday’s Tim Healey and other reporters today, and revealed that while his situation is “a little more complex” and that he doesn’t “know all the details,” he is dealing with bone spurs and some level of UCL damage in his left elbow.  Raley will meet with Dr. Keith Meister on Tuesday to explore surgical and non-surgical options.

MAY 2: Mets reliever Brooks Raley is facing a possible long-term absence after testing revealed “at least fraying” in an elbow ligament, reports Joel Sherman of the New York Post. Sherman writes that Raley and the team are currently weighing whether he’ll need to undergo surgery.

Raley landed on the 15-day injured list with what the team called elbow inflammation two weeks ago. Manager Carlos Mendoza was initially optimistic that the left-hander would return around the time he was first eligible. Subsequent imaging has evidently revealed the issue to be more serious than the team first believed. Mendoza told reporters this afternoon that Raley’s recovery timeline was being pushed back, albeit without providing much in the way of specifics (via the MLB.com injury tracker).

Acquired from the Rays over the 2022-23 offseason, Raley has been a quality bullpen piece in Queens. He turned in a 2.80 ERA over a career-high 54 2/3 innings last season. He punched out more than a quarter of opposing hitters and found success against batters of either handedness. The Mets fielded some trade interest on Raley last summer but elected to hold him and trigger a $6.5MM option for this season.

The first three weeks could hardly have gone much better. Raley rattled off seven scoreless innings with nine strikeouts and only five baserunners allowed (two hits and three walks). He was credited with four holds in eight appearances and was among the club’s highest-leverage arms. Depending on the results of upcoming testing, he could be out for an extended stretch — perhaps the entire season.

That would leave the Mets rather short on experienced left-handed bullpen depth. Free agent pickup Jake Diekman is their top healthy option. The veteran has huge swing-and-miss ability, though his results have been somewhat inconsistent throughout his career thanks to well below-average control. Josh Walker and Tyler Jay have seen limited action, while recent call-up Danny Young made his team debut in this afternoon’s win. Walker was recently optioned to Triple-A Syracuse, while Jay was outrighted off the 40-man roster and is back in the minors as well.

Depth starter Joey Lucchesi has fared better against left-handed hitters and could theoretically work out of the bullpen. The same is true of David Peterson once he returns from hip surgery that will shelve him at least into late May. (Peterson’s overall platoon splits are neutral, but his strikeout and walk rates have been much better against southpaws.) Still, this looks like an area the Mets could look to upgrade from outside the organization if Raley misses a significant amount of time.

A long-term absence would be particularly unfortunate for Raley as well. He turns 36 next month and will be a free agent next winter. With a 2.58 ERA and 27.3% strikeout rate since the start of 2022, he has a good chance at a solid two-year deal if he’s fully healthy. It’s too soon to tell how his market might be affected by this injury, but any kind of surgery (particularly if he’s out into 2025) would be a tough blow.

Mets Place Brooks Raley On 15-Day Injured List

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5:44PM: Manager Carlos Mendoza told MLB.com’s Anthony DiComo and other reporters that Raley’s MRI came back clean for any structural damage, so the expectation is that Raley could miss just the minimum 15 days.

3:40PM: The Mets announced that left-hander Brooks Raley has been placed on the 15-day injured list due to elbow inflammation.  Righty Grant Hartwig was called up from Triple-A in the corresponding move.

Raley has been untouchable so far this season, with a spotless 0.00 ERA (with two hits and three walks) over seven innings out of the New York bullpen.  He last pitched on Friday, tossing 20 pitches in two-thirds of an inning in the Mets’ 9-4 win over the Dodgers.  Raley’s previous outing was back on Monday, so it could be that he had been trying to pitch through his elbow soreness after taking a couple of days, or perhaps his elbow simply started barking after Friday’s game.

It was almost exactly a year ago that Raley was also placed on the Mets’ 15-day IL with a bout of elbow inflammation, and he was able to return after just a minimal absence.  Raley and the Mets can only hope that this latest injury is similarly minor, as Raley has an important role as the team’s chief southpaw reliever.  With Raley now sidelined, Jake Diekman is the only left-hander in New York’s relief corps.

Raley has posted a 2.58 ERA, 27.3% strikeout rate, and nine percent walk rate over 115 1/3 innings since the start of the 2022 season.  While he had a 4.78 ERA in 2021 with the Astros, the advanced metrics indicated a performance level closer to his 2022-24 numbers, so the Rays’ decision to give Raley a two-year, $10MM deal in the 2021-22 offseason ended up being a very canny move.  The Mets acquired Raley in a trade in December 2022, and then this past fall exercised their $6.5MM club option on Raley’s services for the 2024 campaign.

Mets To Exercise Club Option On Brooks Raley

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The Mets will be picking up their club option on left-hander Brooks Raley, retaining him for 2024 via a $6.5MM salary instead of taking the $1.25MM buyout, per Jon Heyman of The New York Post.

It’s not a surprising decision, as Raley has been an effective reliever for a few years now. The net $5.25MM price point is a perfectly reasonable amount to pay for a reliable left-handed reliever. He posted an earned run average of 2.80 across 66 appearances for the Mets this year. His 10.6% walk rate was on the high side but he struck out 25.8% of opponents and kept the ball on the ground at a 43% clip.

Raley spent 2015 to 2019 in Korea, pitching for the Lotte Giants of the KBO. He came back to North America and got a brief look with the Reds before getting flipped to the Astros. In 2021, He had an ERA of 4.78 for Houston but with encouraging underlying metrics. He struck out 31.7% of batters faced while walking 7.8%, but a 59.7% strand rate led to some extra runs crossing the plate. That’s why ERA estimators were far kinder, including a 3.27 FIP and a 2.91 SIERA.

Raley didn’t have six years of service after that season but reached free agency regardless, a common contractual stipulation given to players coming from playing overseas. That led to a two-year, $10MM deal with the Rays going into 2022. He then registered a 2.68 ERA for Tampa that year before getting flipped to the Mets prior to 2023.

As mentioned, Raley went on to have another solid season in 2023. He got some trade interest prior to the deadline, as the Mets were selling off pieces amid their disappointing season. He ultimately stayed and will now rejoin the Mets’ bullpen for 2024. As of now, he should be the top lefty in the relief corps, with Josh Walker the only other option on the 40-man. José Quintana, David Peterson and Joey Lucchesi are also left-handed and on the roster but they figure to be in the mix for rotation jobs, depending how the rest of the offseason plays out.

Cubs Interested In Left-Handed Bullpen Arms

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The Cubs, after surging back to .500 ahead of the trade deadline thanks to a recent eight-game win streak, have left their previously-expected role as sellers behind them and instead pivoted toward buying by landing third baseman Jeimer Candelario in a deal with the Nationals yesterday. With just a couple of hours left before the trade deadline, Chicago appears to have at least one more item on their shopping list: relief pitching, particularly from the left side.

Both Bruce Levine of WSCR-AM and Jesse Rogers of ESPN have linked the club to the lefty relief market in recent days, with Levine noting the club’s interest in Mets left-hander Brooks Raley while Rogers lists Rockies southpaw Brent Suter and Aaron Bummer of the White Sox as potential options for the Cubs. Jon Heyman of the New York Post, meanwhile, suggested a reunion with the Cubs as one possible destination for Diamondbacks lefty Andrew Chafin, who he suggests “could be dealt” before this evening’s deadline.

While the club appears to have a preference for a southpaw, they’ve also apparently explored adding right-handed relief options, as Levine reports the club has “kicked the tires” on Pirates closer David Bednar while Rogers suggests the club could have interest in Tigers right-handers Alex Lange and Jason Foley. While the club already added a right-handed relief option yesterday by acquiring Jose Cuas from the Royals, each of Bednar, Lange, and Foley would figure to be a more impactful option than Cuas, who sports a 4.54 ERA in 45 appearances this season.

That the bullpen would be a focus for Chicago is hardly a surprise, as the club’s 3.93 in the bullpen this season ranks middle-of-the-pack, with offseason acquisitions Brad Boxberger and Michael Fulmer having largely struggled in Chicago while expected late-inning options Keegan Thompson and Brandon Hughes have struggled with injuries and ineffectiveness.

Mets Getting Interest In Tommy Pham, Brooks Raley

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The Mets have plenty of interest in outfielder Tommy Pham and left-handed reliever Brooks Raley, reports Andy Martino of SNY. A Pham trade could come together soon, per the report, but the Mets are weighing whether to trade Raley at all or hang onto him and the $6.5MM option they hold over his 2024 season. That option comes with a $1.25MM buyout, so it’s effectively a net $5.25MM decision, which seems more than reasonable for Raley.

Pham, 35, is all but certain to be traded today. He’s still owed $2MM of this season’s $6MM salary and will be a free agent at season’s end. The veteran right-handed hitter has turned in a strong .268/.348/.472 batting line in 2023, adding in 10 home runs, 15 doubles, a triple and 11 stolen bases (in 12 tries). He’s walked at a stout 11% clip and is striking out at a 21.2% rate. Pham’s once strong defensive ratings have dipped to below average as he’s aged into his mid-30s, but the Mets have felt comfortable enough to play him for 45 innings in center this season in addition to 395 frames in his more customary left field slot.

There are plenty of teams looking for outfield help — the Twins, Phillies, Padres and perhaps Yankees among them. Both Philadelphia and Minnesota are said to be eyeing right-handed bats, in particular. The Mets have already shown a willingness to trade within the division, sending closer David Robertson to the Marlins, so it stands to reason they’d have minimal qualms about sending Pham to the NL East-rival Phillies if Philadelphia president of baseball operations Dave Dombrowski winds up making the best offer.

Raley, meanwhile, isn’t necessarily the lock to be moved that Pham seems to be. Also 35, the left-hander has had an excellent season out of Buck Showalter’s bullpen, pitching to a 2.37 ERA with a 26.2% strikeout rate, 11% walk rate, 38.5% grounder rate and just 0.71 HR/9. It’s the second straight season with a sub-3.00 ERA and strikeout rate north of 26% for Raley, who’s actually been more effective against right-handed opponents than lefties. Virtually every contending club is interest in upgrading its bullpen, and while Raley isn’t the type of power arm teams gravitate toward — he’s averaging just 90.2 mph on his sinker — the bottom-line results are nevertheless appealing. Martino describes interest in Raley as “significant.”

It figures to be an active day for the Mets, who have not only Pham and Raley to peddle but also future Hall of Famer Justin Verlander. The Mets are also surely open to offers on catcher Omar Narvaez and righty Adam Ottavino, both of whom have player options for the 2024 season. Narvaez’s struggles this year will make it extremely difficult to trade him, as he looks quite likely to exercise next year’s $8MM player option. Ottavino is pitching well, however, and with a strong finish to the season would be likely to turn down his own $6.5MM player option in search of a larger deal on the open market.

Latest On Justin Verlander

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Few potential trade candidates are as notable as Justin Verlander. There are myriad complications that could stand in the way of a deal, but there’s been speculation over the past couple days about the chance of Verlander being on the move.

Mark Feinsand of MLB.com suggested Thursday night there was some industry sentiment the Mets would look to move him. Feinsand listed the Astros and Rangers as potential fits. Will Sammon and Tim Britton of the Athletic also indicated that the two Texas-based franchises had expressed some interest, writing that the Mets at least appear willing to genuinely consider offers on Verlander and Max Scherzer.

Still, it remains to be seen how aggressively other teams would pursue either player. Sammon and Britton characterize Texas’ interest in Verlander mostly as due diligence as they evaluate all their rotation possibilities. Evan Grant of the Dallas Morning News wrote yesterday that Texas would be open to surpassing the competitive balance tax threshold in a Verlander trade. However, he similarly indicated the Rangers are checking in on virtually every pitcher on the market, with nothing to suggest Verlander talks have gotten particularly advanced. Joel Sherman of the New York Post reports that Texas has also inquired on reliever Brooks Raley and corner outfielder Tommy Pham.

Texas has a luxury tax number around $224MM, as calculated by Roster Resource. They’re $9MM shy of the $233MM base threshold. Verlander is due around $15.4MM through season’s end, so an acquisition would push Texas past that marker unless the Mets paid down a significant chunk of the salary.

New York might be willing to do so. They paid down all of Eduardo Escobar’s deal and are reportedly willing to send cash in other trades, although they didn’t include any money in the David Robertson swap with Miami. There’s a ways to go to get to that point, though. New York would have to weigh the possible return against subtracting a key player who’s under contract for 2024, when the Mets surely envision a return to competitiveness.

That’s even before considering the players’ ability to block any deal. Both Verlander and Scherzer have complete no-trade rights. Understandably, neither has gone on record about whether they’d waive that provision. Verlander said a few days ago the Mets had not approached him about that possibility. Scherzer told the New York beat last night that he’d likely speak with the front office about the franchise’s direction over the next few days. Sherman indicates the Mets would only gauge the pitchers’ willingness to waive the no-trade clauses if they first find a potentially workable trade package.

Texas pursued Verlander as a free agent last winter. He reportedly wasn’t keen on joining the Rangers at the time, although that’s seemingly because he questioned how quickly they’d be competitive. That’s no longer in doubt with the Rangers topping the AL West by two games and motivated deadline buyers.

There’s plenty of familiarity between Verlander and the Astros, of course. Houston has been on the hunt for a starting pitcher for a few weeks. General manager Dana Brown downplayed the rotation need a bit after acquiring reliever Kendall Graveman yesterday, however. Brown indicated that while Houston was still open to adding a starter, the rotation is “not as high a priority as the bullpen was,” in part because of the loftier asking price teams are demanding to relinquish starting pitching (link via Chandler Rome of the Athletic).

Upcoming Club Option Decisions: NL East

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We’re roughly a third of the way through the 2023 season. Players have had a couple months to build something of a performance track record that’ll play a role in their future contracts. With that in mind, MLBTR will take a look over the coming days at players whose contracts contain team or mutual options to gauge the early trajectory for those upcoming decisions.

Over the past few days, we’ve looked at the NL West and NL Central. Closing out the Senior Circuit:

Atlanta Braves

The Braves and Morton have had a productive relationship for the past few years. He’s signed a series of successive one-year contracts and served as an effective mid-rotation presence. A home run spike resulted in a 4.34 ERA last season but the Braves remained confident in Morton’s still-strong velocity and strikeout and walk numbers. They’ve gotten exactly what they’ve expected from the 39-year-old. He has a 3.59 ERA with a solid 24.5% strikeout rate and is still averaging north of 95 MPH on his fastball. If Morton maintains this form for a full season and wants to continue playing, it stands to reason Atlanta would have interest in bringing him back.

Rosario re-signed on a two-year contract after his 2021 postseason heroics helped Atlanta to a title. He’s always been a streaky performer, however, and the past two seasons haven’t been effective. Rosario hit just .212/.259/.328 in 80 games last year. There was some hope a corrective eye surgery could enable a bounceback but he’s only been slightly better in 2023. Rosario carries a .239/.269/.405 line in 171 trips to the plate. The Braves could pursue left field upgrades via trade this summer and are likely to cut Rosario loose at the end of the season.

d’Arnaud has been a quality catcher for Atlanta for the past few seasons. Last year’s .268/.319/.472 showing didn’t stop the Braves from a blockbuster acquisition of Sean Murphy, who is playing at a down-ballot MVP pace through two months. That pushed d’Arnaud into a backup/designated hitter role for which he’s arguably overqualified.

A concussion has limited d’Arnaud to 17 games thus far. He’s hitting .297/.318/.406 over 66 trips to the plate. An $8MM price point is solid value if the veteran continues to perform at his recent levels. Even with Murphy entrenched as Atlanta’s franchise backstop, the Braves were comfortable keeping d’Arnaud around as a highly-priced #2 option. They could do so again in 2024 or exercise the option and look to trade him this winter, as the Brewers did with second baseman Kolten Wong last offseason.

McHugh inked a two-year free agent deal over the 2021-22 offseason. He was brilliant in year one, throwing 69 1/3 innings of 2.60 ERA ball with a 27.6% strikeout rate. He hasn’t come close to that form through this season’s first couple months. McHugh’s 3.54 ERA through 20 1/3 frames is respectable, but he’s punched out a meager 11.6% of opponents against a personal-worst 10.5% walk rate. The option price isn’t exorbitant and McHugh could yet pitch his way into it being exercised. He’ll need to miss more bats, though.

It’s a somewhat similar story with Yates. He signed a buy-low free agent deal in the middle of a Tommy John rehab during the 2021-22 offseason. Yates made a brief return late last season but hasn’t gotten an extended stretch of action until 2023. He’s missing bats on a solid 12.7% of his offerings and has an above-average 29.1% strikeout rate.

The righty’s control hasn’t come back yet, however. He’s walked 17.4% of opposing hitters and is relying on a .214 batting average on balls in play to keep his ERA at 3.26. Whether he can dial in the strike-throwing as he gets more reps probably determines if the Braves keep him around on a net $4.5MM decision.

Miami Marlins

Cueto signed an $8.5MM guarantee with Miami on the heels of a bounceback showing with the White Sox. It was an odd fit on a Marlins club with ample rotation depth and it hasn’t yet panned out. The 37-year-old got through just one inning in his season debut before suffering a biceps injury. He subsequently sprained his left ankle while on a minor league rehab stint and is on the 60-day injured list. Jordan McPherson of the Miami Herald relayed on Tuesday that he’s up to 40 pitches in a bullpen session. A return probably isn’t too far off, but Cueto hasn’t made an impact thus far.

Miami acquired Barnes from the Red Sox in a change-of-scenery swap for Richard Bleier at the end of January. He’s off to a fine but not overwhelming start in his new environs. Over 21 innings, the righty reliever has a 3.43 ERA with near-average strikeout and walk numbers. His average fastball velocity is at a career-low 93.3 MPH, though, and he’s only getting swinging strikes at an 8% clip. Barnes looks more like a competent middle reliever than an All-Star closer at this stage of his career. The $5.75MM gap between the option value and the buyout price will probably prove a little too much for the Marlins.

New York Mets

Canha had a productive first season in Queens after signing a two-year free agent deal. He hit .266/.367/.403 over 542 plate appearances last year. He’s been off to a slower start in 2023, posting a .242/.324/.386 line with four homers — a league average performance by measure of wRC+. Canha picked things up in May after a tough April and still holds an everyday corner outfield role, although he’s increasingly hitting at the bottom of the lineup.

The $9.5MM gap between the option value and the buyout isn’t a huge price to pay for a solid everyday outfielder. That’s especially true for the Mets. This one remains to be determined based on Canha’s summer performance.

Escobar was another two-year signee just prior to the lockout. He was coming off a 28-homer showing in 2021 and has some defensive flexibility. Escobar has hit at a roughly league average level as a Met, showing his typical blend of above-average power with low walk totals. That includes a .244/.289/.433 showing over 98 plate appearances this year.

Brett Baty has taken over the primary third base job, pushing Escobar into a depth role off the bench. He’s a solid utility option and by all accounts a beloved clubhouse presence but the net $8.5MM call is likely pricey for a player in that kind of role.

Acquired from the Rays over the offseason, Raley has been a solid situational bullpen arm in Queens. He owns a 2.95 ERA over 18 1/3 innings with better than average strikeout and walk numbers (25.6% and 7.7%, respectively). Raley doesn’t throw especially hard but he misses bats at a league average clip. He’s been hit around by left-handed hitters in a small sample this year but kept them to a .155/.200/.282 line in 76 plate appearances in 2022. The $4.25MM call is a reasonable price point for an effective middle innings arm. If Raley keeps up this pace, there’s a decent chance the Mets bring him back.

Note: Víctor Robles and Jon Berti each signed arbitration contracts that contained 2024 club options. They’d remain eligible for arbitration next season even if the options are declined and have accordingly been excluded from this list.

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