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Corey Oswalt

Rockies Acquire Corey Oswalt From Phillies For Cash Considerations

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The Rockies have acquired Triple-A right-hander Corey Oswalt from the Phillies in exchange for cash considerations, per The Athletic’s Matt Gelb (via Twitter).

Oswalt was drafted by the Mets in the seventh round of the June draft back in 2012. He worked his way through the system and made his Major League debut with New York back in 2018 as a 24-year-old. By the time he made his debut, he was the Mets’ 16th-ranked prospect, per Baseball America.

He made 12 starts and five relief appearances en route to totaling 64 2/3 innings in his rookie season, but only received spot time in the bigs since then, never making more than a handful of appearances. He did, however, appear in each of the last four campaigns with the Mets, and they remain the only professional organization he has appeared with in the bigs. In total, Oswalt owns a 5.89 ERA/5.39 FIP at the game’s highest level.

He started this season with the Giants Triple-A affiliate before the Phillies purchased his contract. Between the two clubs, the now-28-year-old Oswalt posted a 6.11 ERA over 35 1/3 innings. With the Rockies, he should have a clearer path to Major League innings.

Phillies Acquire Corey Oswalt From Giants

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The Phillies have acquired right-hander Corey Oswalt in a trade with the Giants, as noted by Oswalt’s MLB.com profile page on May 8 (hat tip to The Morning Call’s Tom Housenick).  Oswalt has been assigned to the Phillies’ Triple-A affiliate in Lehigh Valley.

San Francisco inked Oswalt to a minor league deal back in January, after the righty opted for free agency when the Mets outrighted him off their 40-man roster following the season.  Though he has a respectable 28.3% strikeout rate and 8.3% walk rate with Triple-A Sacramento this season, Oswalt has an ungainly 7.11 thanks in large part to six home runs over 12 2/3 innings.

This work with the Giants’ Triple-A affiliate represents Oswalt’s first pro action outside of the Mets organization.  A seventh-round pick for New York back in 2012, Oswalt has appeared in each of the last four Major League seasons, though only 30 of his 94 2/3 career innings have come since the end of the 2018 campaign.  He has a 5.89 ERA as a big leaguer, with a 17.2K% and 7.3BB%, getting work as a starter and (more recently) as a multi-inning reliever or swingman.

The Phillies got a good look at Oswalt during his time with the Mets, and now they’ll see what he can do as an extra arm on the depth chart.  Considering that both Zack Wheeler and Zach Eflin are both on the COVID-related injury list, the Phils might turn to Oswalt for a spot start (or maybe in a piggyback or bulk pitcher role) as they try to figure out their rotation mix for the near future.

Giants Sign Corey Oswalt, Luis Gonzalez, Joe Palumbo To Minor League Contracts

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The Giants have recently signed right-hander Corey Oswalt, left-hander Joe Palumbo, right-hander Sam Delaplane and outfielder Luis Gonzalez to minor league contracts, as reported by Baseball America’s Chris Hilburn-Trenkle.  All four players were minor league free agents, and thus eligible to be signed during the lockout.

Gonzalez and Palumbo are both back for what is technically their second stint with the Giants, as San Francisco claimed both off waivers in 2021 (Gonzalez from the White Sox in August, Palumbo from the Rangers in November) before releasing the duo back at the November 30 non-tender deadline.  There was speculation at the time that the Giants would look to re-sign both to fresh contracts post-deadline, and now both Gonzalez and Palumbo are back and clear of the 40-man roster.

Oswalt is the new face, joining the Giants after being outrighted off the Mets’ 40-man in October and opting for free agency.  A seventh-round pick for the Mets in the 2012 draft, Oswalt has spent his entire pro career with New York, including 94 2/3 innings over parts of the last four seasons.  The majority (64 2/3 frames) of that work came in Oswalt’s 2018 rookie season, and he has since been back and forth between New York and Triple-A Syracuse on multiple occasions.

The righty has a 5.89 ERA and a 17.2% strikeout rate during his MLB career.  Oswalt has worked mostly as a starter in the minor leagues, but the Mets experimented with him as something of a swingman or a multi-inning reliever.  Given the Giants’ success at unlocking potential in seemingly unheralded pitchers in recent years, Oswalt’s flexible usage could provide the team with an interesting weapon if the coaching staff can get him on track.

Gonzalez underwent a season-ending shoulder surgery in August, which also triggered his release from the White Sox due to some 40-man roster machinations.  San Francisco jumped in to claim Gonzalez off release waivers, giving the Giants some extra outfield depth heading into 2022.  The 26-year-old Gonzalez was a third-round pick for the White Sox in 2017, and he has hit .266/.345/.414 with 32 home runs over 1539 minor league plate appearances.  Gonzalez has appeared in each of the last two Major League seasons, playing in nine total games in a White Sox uniform.

Palumbo is another longtime member of another organization, having been a member of the Rangers since being selected in the 30th round of the 2013 draft.  Splitting time between starting and relief duties, Palumbo has a strong 2.92 ERA and 28.4% strikeout rate in 363 2/3 career innings in the Texas farm system, though he was limited to only 6 2/3 frames in 2021 due to injury.  Palumbo tossed 19 innings over nine games at the Major League level in 2019-20 without much success, with a 9.47 ERA to show for that brief time in The Show.

Mets Outright Four Players

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The Mets announced that four players — corner outfielder/first baseman José Martínez, utilityman José Peraza and right-handed pitchers Robert Stock and Corey Oswalt — have all cleared outright waivers. Each of that quartet elected free agency.

2021 was a completely lost season for Martínez, who tore the meniscus in his left knee in Spring Training and missed the entire year. He set out on a minor league rehab assignment in August but apparently wasn’t healthy enough to return to the big league level, as he didn’t play in either a major or minor league game after September 10.

Martínez kicked off his big league career with a couple very productive seasons with the Cardinals. He’s never been a strong defender at either first base or in the outfield, though, and his bat ticked down to around league average from 2019-20. Now 33 years old and coming off a lost season, he might be limited to minor league offers this winter. He should be an intriguing no-risk flier for some team, though, assuming an offseason of rest enables a full recovery from his knee issue.

Peraza was a one-time top prospect, but he’s settled into a utility role over the past couple seasons. An everyday middle infielder with the Reds during the early stages of his major league career, Peraza showed plus speed and bat-to-ball skills but was held back by an aggressive approach and lack of impact power. He hit .225/.275/.342 with the Red Sox in 2020 and posted only a marginally better .204/.266/.380 line over 154 plate appearances for the Mets this past season.

The 27-year-old Peraza still runs well and saw a fair amount of action at each of second and third base in Queens. He shouldn’t have much issue finding a minor league deal with a Spring Training invitation on the open market, but it never seemed likely the Mets would retain him on a projected $1MM arbitration salary.

Stock has bounced around over the past few seasons, playing for the Padres and Red Sox from 2019-20. He began the 2021 season with the Cubs but landed in New York on a waiver claim in June. Previously a full-time reliever, Stock started his three MLB outings this year but only tallied nine combined innings. He owns a 4.71 ERA in 72 2/3 big league frames going back to 2018.

Oswalt is a career-long Met, having been in the organization since they selected him in the 2012 draft. He tossed 64 2/3 innings of 5.85 ERA ball back in 2018 but hasn’t topped thirteen MLB innings in any season since then. Passed through waivers in February, Oswalt earned his way back to the majors in June but landed on the injured list with right knee inflammation after three outings. Like Martínez, Oswalt played in some rehab games in September but never returned to the big league active roster.

Mets Select Anthony Banda, Stephen Nogosek

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Before this evening’s game against the Reds, the Mets selected the contracts of pitchers Anthony Banda and Stephen Nogosek. To create space on the 40-man roster, New York transferred righty Corey Oswalt from the 10-day to the 60-day injured list and designated outfielder Johneshwy Fargas for assignment.

Acquired in a minor trade with the Giants earlier this month, Banda’s now set to appear in his fifth consecutive big league season, although he only has 51 1/3 combined innings under his belt. Banda hasn’t yet had sustained big league success, with just a 5.96 ERA/4.66 SIERA over that time. The southpaw was well-regarded as a prospect before being set back by injuries, thanks largely to some excellent minor league numbers up through Double-A. Banda hasn’t translated his low minors’ dominance to Triple-A though, pitching to a 4.99 ERA with average strikeout and walk rates (22.6% and 9.2%, respectively) over parts of five seasons.

Nogosek is back in the majors for the first time since 2019. He made seven relief appearances with New York that year before being outrighted off the 40-man roster. The 26-year-old has spent the entire 2021 campaign with Triple-A Syracuse, pitching to a 5.76 ERA across 29 2/3 innings. The poor run prevention belies strong swing-and-miss numbers, as Nogosek has punched out a lofty 32.8% of batters faced in the minors this year.

With their outfield decimated by injury, the Mets selected Fargas to the big league roster in mid-May. He had four extra-base hits in just 22 plate appearances but went down with a shoulder problem himself. By the time he returned from the IL last week, New York’s other outfielders had already made their way back. The Mets will now have a week to trade Fargas or expose him to waivers.

Oswalt landed on the IL on July 6 with right knee inflammation. He’ll miss at least the majority of the rest of the season, with today’s transfer ruling him out for sixty days from the date of that placement. Before going down with injury, the 27-year-old tossed 10 1/3 innings across three appearances.

Mets Activate Michael Conforto, Select Corey Oswalt

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The Mets announced a series of roster moves before this evening’s game against the Braves. As expected, outfielder Michael Conforto has been activated from the injured list. He is in tonight’s lineup, hitting third while playing right field. Right-handers Tylor Megill (previously reported) and Corey Oswalt have been officially selected to the roster. (Andy Martino of SNY reported that Oswalt would be promoted before the official announcement).

Righties Yennsy Díaz and Sean Reid-Foley were optioned to Triple-A Syracuse, while catcher Tomás Nido has been placed on the 10-day injured list, retroactive to June 22, due to a right wrist contusion. To clear 40-man roster space for Megill and Oswalt, pitchers Joey Lucchesi and Robert Gsellman were transferred from the 10-day to the 60-day injured list.

Conforto has been out since May 17 with a hamstring strain. He’ll return to the lineup for the first time in more than a month, looking to improve upon his early-season output. Conforto, who hit .261/.365/.478 between 2018-20, started this season a bit slowly by his standards. Across 135 plate appearances, the left-handed hitter managed a .230/.356/.336 line that’s been only slightly better than league average, a drop-off from his high-end production in prior years. The next few months will be pivotal for Conforto, who is scheduled to reach free agency at the end of the season.

Oswalt becomes the latest addition to a pitching staff that has been hit hard by injuries. The 27-year-old appeared for the Mets in each season from 2018-20, working to a composite 6.19 ERA/4.83 SIERA across 84 1/3 innings. He served as something of a flexible swing option, starting 13 of his 23 MLB appearances.

New York passed Oswalt through outright waivers in February, and he’s spent the 2021 season with Syracuse. He’s made six appearances, none of which has eclipsed 3 1/3 innings, working mostly as a multi-inning reliever. Given that he hasn’t really been stretched out this year, Oswalt seems more likely to serve as long relief depth than as a true starter, although it’s possible he could work as an opener or tandem starter of some sort. Megill, on the other hand, has worked as a more traditional starter in the minors and is ticketed to start tonight’s game against Atlanta.

Gsellman went on the IL with a lat strain earlier this week, and he never seemed especially likely to return anytime soon. General manager Zack Scott told reporters (including Tim Britton of the Athletic) that Gsellman won’t even begin a throwing program for at least six weeks. That likely ruled him out until late August at the earliest, so there’s little reason for the Mets not to transfer the righty to the 60-day IL with the need for 40-man roster space. Lucchesi, meanwhile, will undergo Tommy John surgery tomorrow and miss the rest of the year (and most or all of 2022).

Nido has tallied 91 plate appearances this season, hitting at a passable .238/.297/.393 clip. A recent MRI on his injured wrist didn’t reveal any structural damage, manager Luis Rojas told reporters (including Anthony DiComo of MLB.com) this afternoon. Nevertheless, it seems he’ll need a few days to recuperate. Patrick Mazeika is on hand to back up starter James McCann in the interim.

Latest On Mets’ Rotation

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The Mets announced a few noteworthy roster moves Wednesday, per Anthony DiComo of MLB.com. New York cut right-handers Corey Oswalt and Jordan Yamamoto from major league camp, and the club reassigned infielder/outfielder Brandon Drury and catcher Bruce Maxwell.

With Oswalt and Yamamoto on their way down, the Mets appear as if they’ll begin 2021 with left-hander Joey Lucchesi as the fifth starter in their rotation, DiComo suggests. Acquired from the Padres in a three-team trade during the offseason, the 27-year-old Lucchesi combined for 56 starts in San Diego from 2018-19, during which he piled up 293 2/3 innings and recorded a respectable 4.14 ERA/4.10 SIERA with decent strikeout and walk percentages of 24.6 and 8.0, respectively.

Lucchesi wasn’t able to build on his early success last year, as he threw a mere 5 2/3 innings in three appearances in his final season with the Padres. However, he has logged superior results this spring with 8 1/3 innings of three-earned run ball and 11 strikeouts against three walks.

Lucchesi did not look likely to make the Mets’ rotation until righty Carlos Carrasco suffered a torn hamstring last week. Carrasco could be out until at least sometime in May, which will give Lucchesi time to sink or swim in the Mets’ starting staff. Barring any unexpected developments in the next week, he’ll join Jacob deGrom, Marcus Stroman, Taijuan Walker and David Peterson in New York’s top five when the season opens.

Mets Designate Corey Oswalt

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The Mets have designated righty Corey Oswalt for assignment, per a team announcement. His roster spot will go to Albert Almora, whose previously reported deal is now official.

Oswalt, 27, has received several MLB opportunities over the past three seasons. All told, he carries a 6.19 ERA with a 16.4% strikeout rate, 7.5% walk rate, and 41.3% groundball rate through 84 1/3 innings of action.

None of those stats jump off the page. Likewise, Oswalt doesn’t throw particularly hard and didn’t produce gaudy peripherals in the minors. That said, he has produced full-season, sub-3.00 ERA efforts at the Double-A and Triple-A levels and could hold appeal elsewhere as a depth arm.

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