Pederson was a full-time DH with the Diamondbacks last season. He’s never been a good defender, but that was the first time in which a team kept him off the field entirely. Pederson had played regularly in the outfield before that. He broke in as a center fielder with the Dodgers but had moved more or less to a corner role by 2019.

Bochy downplayed the chance of using Pederson in the outfield at Globe Life Field. “I would imagine he could go out there, but I think the focus is more at first base right now, to help out a little bit. I don’t envision needing more depth in the outfield,” the veteran skipper told Grant and other reporters. “He hasn’t been over there very much, so I imagine he’s got a little rust on him. But he’s taken some ground balls already and we’ll make a call later. We think it’s going to work.”

Pederson has played 154 major league innings at first base. He made a pair of late-game appearances there for the Giants two seasons ago. His only 19 career starts as a first baseman came with Los Angeles back in 2019. He committed six errors in 149 innings, leading to very poor defensive metrics in that tiny sample. It’s an unfamiliar position, but it’s not uncommon for corner outfielders to log occasional first base action.

Texas should have a strong defensive outfield. They’re lined up with Wyatt Langford, Evan Carter and Adolis García as their starting trio. Leody Taveras is on hand as a quality fourth outfielder who can step into everyday center field work if Carter has any kind of recurrence of last year’s injury issues.

First base is a little less established. The Rangers traded Nathaniel Lowe to Washington for reliever Robert Garcia. That came on the heels of acquiring corner infielder Jake Burger from Miami. He’s lined up for the majority of playing time at first base. Burger doesn’t have great on-base skills but brings a lot of right-handed pop. He has respectively hit 34 and 29 homers over the past two years. While he divided his playing time equally between the corner infield spots for the Fish, he’s unlikely to play much third base on a team that has Josh Jung and Josh Smith.

Pederson will work primarily as a designated hitter against right-handed pitching. Burger has had neutral platoon splits for his career. He’ll play frequently against righties, but there’s little harm in testing if Pederson can adequately step in on occasion. That’d also give Bochy some flexibility to get García or Langford off their feet at times, potentially drawing Taveras into the lineup on days when Texas wants a stronger defensive outfield.

This week, host Darragh McDonald is joined by Tim Dierkes of MLB Trade Rumors to discuss…

• The Athletics and Brent Rooker agreeing to a five-year extension (1:40)
• The Dodgers signing Hyeseong Kim and trading Gavin Lux to the Reds (6:40)
• The Diamondbacks signing Corbin Burnes (14:45)
• Do the Blue Jays have unique challenges in signing free agents to come to another country? (16:30)
• Will Burnes opt out in two years and will the Diamondbacks trade a starter now? (21:05)
• The Yankees acquiring Cody Bellinger from the Cubs and signing Paul Goldschmidt (26:35)
• The Astros signing Christian Walker (34:40)
• The Mets signing Sean Manaea and Griffin Canning (39:15)
• The Red Sox signing Walker Buehler and Patrick Sandoval (43:35)
• The Phillies acquiring Jesús Luzardo and signing Max Kepler (50:35)
• The Orioles signing Charlie Morton (55:35)
• The Guardians trading Josh Naylor to the Diamondbacks and signing Carlos Santana (58:30)
• The Rangers trading Nathaniel Lowe to the Nationals and signing Joc Pederson (1:01:25)
• The Nationals get Lowe as well as signing Josh Bell, Michael Soroka and Trevor Williams (1:05:30)
• The Tigers signing Gleyber Torres and shuffling their infield around (1:08:25)

Check out our past episodes!

• Kyle Tucker To The Cubs, And Trades For Devin Williams And Jeffrey Springs – listen here
• Winter Meetings Recap – listen here
• Blake Snell, Dodger Fatigue, And The Simmering Hot Stove – listen here

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

Effectively, if Pederson signals his intent to opt out, the Rangers can veto his return to the open market by agreeing to commit another two years and $37MM. It could become an even pricier commitment for Texas, though, as Pederson’s contract contains escalators that would boost his 2026-27 salaries up to $21.5MM in the event that he wins a Silver Slugger or is named to the All-MLB team (first or second team) at season’s end. That’d mean committing two years and $43MM to Pederson in order to override the opt-out. Paired with his $5.5MM signing bonus and $13MM salary in 2025, Pederson’s contract can max out at a hefty $61.5MM over three years if he turns in a big enough season.

Pederson, 33 in April, has never won a Silver Slugger Award or earned All-MLB honors (dating back to the inception of the All-MLB teams in 2019). He certainly has enough pop in his bat to do so, but his long-running struggles against left-handed pitching have both weighed down his rate stats and likely kept him from accumulating the playing time to mash his way into consideration. Pederson is just a .210/.300/.330 hitter in his career against southpaws, compared to a .246/.349/.494 output against righties. The D-backs afforded him only 42 plate appearances against lefties last year (.219/.405/.344), but Pederson decimated righties with a .281/.392/.531 showing.

Even absent the escalators, the revelations of a no-trade clause and the team’s ability to override Pederson’s opt-out provision are plenty notable on their own. Texas, after all, was willing to commit a guaranteed two years and $37MM to Pederson this offseason. If he performs to expectations, they’ll essentially have the option to make that same commitment for his age-34 and age-35 seasons, which would lock the slugger in as a Ranger through 2027.

It’s also worth pointing out that there’s no scenario where Pederson can opt out and receive a qualifying offer from the team; Pederson already received (and accepted) a qualifying offer from the Giants following his All-Star 2022 season. Players can only receive one qualifying offer in their career. As such, if Pederson triggers his opt-out in November, the Rangers’ choices will be to extend him for another two years or to let him return to the open market with no compensation for his potential departure.

Pederson, 32, has now signed his fifth consecutive contract that allows him to re-enter free agency after just one year. The slugger first reached free agency during the 2020-21 offseason and signed a one-year deal with the Cubs. He followed that up with a one-year deal with the Giants before accepting the Qualifying Offer from the club the following offseason, and most recently signed yet another one-year pact with the Diamondbacks last winter. His newest deal offers a bit more security, however, given that it comes with a player option for a second season.

The constant trips through free agency haven’t stopped Pederson from being one of the most productive lefty bats in the majors in recent years. Since making his second career All-Star appearance in 2022 as a member of the Giants, Pederson has slashed a fantastic .262/.365/.485 with a 135 wRC+. That figure leaves him with the 16th-highest wRC+ in baseball among qualified hitters over the past three seasons, and he’s sandwiched comfortably between Vladimir Guerrero Jr. and Jose Ramirez on that leaderboard.

Given that he’s provided superstar-caliber offense on the cheap to multiple teams in recent years, it may seem somewhat surprising for Pederson to wind up with yet another relatively short-term deal that guarantees him less than $20MM per year. That discrepancy is primarily due to Pederson’s extremely limited profile. While he’s a phenomenal hitter who rakes against right-handed pitching, his profile features a massive platoon split and he’s typically been at his best throughout his career when he sits against same-handed pitching as much as possible. He’s a career .210/.300/.330 (78 wRC+) hitter against left-handed pitching and even in the past three seasons has floated a pedestrian 104 wRC+ against southpaws.

Perhaps that on its own wouldn’t be enough to stop Pederson from getting a hefty contract in free agency, but he’s also a poor defender in the outfield who didn’t put on a glove a single time during his year in Arizona after starting just 23 games in the outfield in San Francisco the prior year. His last season as a regular on defense in 2022 saw Pederson struggle to a -11 Outs Above Average figure that landed him near the bottom of the league’s leaderboards. Even with prodigious hitting talent, Pederson’s earning power has been consistently limited on the open market due to relatively minimal upside available in signing a platoon bat who’s increasingly restricted to DH-only duties. With that context, Pederson actually did quite well in landing the deal he got from the Rangers; his $37MM guarantee significantly outpaces the two-year, $24MM pact MLBTR predicted he would land when placing him as the #24 free agent on our Top 50 MLB Free Agents list at the outset of the winter.

For the Rangers, the addition of Pederson offers some much-needed thump to a lineup that finished just 22nd in the majors with a 95 wRC+ last year. That includes utterly abysmal production at DH, where Texas managed just a 65 wRC+ that was second-worst in baseball ahead of only the Reds. The addition of Pederson not only adds another big lefty bat to the Rangers lineup to complement his former Dodgers teammate Corey Seager but also makes up for the loss of Nathaniel Lowe, who the club traded to the Nationals just last night. The additions of Pederson, Kyle Higashioka, and Jake Burger to the club’s lineup in conjunction with better health from youngsters Josh Jung and Evan Carter should give the Rangers a much stronger offense up and down the batting order while allowing the club to lean less heavily on utility man Josh Smith, who was one of the team’s top offensive contributors in the first half but faded to hit just .215/.265/.300 after the All-Star break.

With Pederson now in the fold, RosterResource projects the Rangers for a payroll of just under $217MM for 2025, and that figure jumps up to just over $229MM for luxury tax purposes. That leaves around $11MM left for the club to work with before the first luxury tax threshold, which it was reported earlier this winter that the club hopes to duck under next year. While the rotation was addressed by bringing back Nathan Eovaldi and the lineup appears to be in good shape at the moment, the club still appears to be a piece or two short in the bullpen even after adding Hoby Milner, Jacob Webb, and Robert Garcia. It’s possible the Rangers could look to follow the example they laid out in the deal that sent Lowe to D.C. in exchange for Garcia and deal a potential trade candidate like Leody Taveras, Dane Dunning, or Jon Gray in a deal that bolsters their relief corps while also freeing up payroll space that could help them land a proven closer such as Kirby Yates or David Robertson, both of whom pitched well for the Rangers in 2024 but elected free agency last month.

Now that Pederson is headed to Texas, a handful of other suitors will need to look elsewhere. The incumbent Diamondbacks reportedly had interest in a reunion with Pederson earlier this month, though it’s possible that the club’s recent trade for Josh Naylor eliminated that need and leaves them in position instead to look for some right-handed thump to replace outgoing first baseman Christian Walker. Meanwhile, the Blue Jays were connected to both Pederson and Naylor in the rumor mill and at this point could be further motivated to land a notable bat such as Anthony Santander or Teoscar Hernandez now that many of the club’s lower-level targets have come off the board.

Evan Grant of the Dallas Morning News was first to report the Rangers and Pederson were discussing a contract. The Athletic’s Ken Rosenthal was first with the agreement. ESPN’s Buster Olney reported the two-year, $37MM guarantee and the opt-out.

Presumably, the Mets were interested in Pederson as a designated hitter. Coming off an excellent 2024 campaign, he would have made a strong replacement for J.D. Martinez. Like Pederson, Martinez became a free agent at the end of the season. If the Mets are still in the market for a DH after losing out on Pederson, their options are somewhat limited. Martinez might be the best true DH left in free agency. They could, of course, pursue an outfielder like Anthony Santander or Teoscar Hernández, but those two are looking for significantly more money than Pederson, and, presumably, they would prefer to continue playing the outfield.

However, if it’s really just another big bat the Mets are looking for, the best solution could also be the most straightforward: re-signing first baseman Pete Alonso. Bob Nightengale of USA Today reported on Sunday that the Mets are still “pushing hard” to re-sign their homegrown slugger. If that’s true, it’s difficult to imagine Alonso ending up anywhere else. Teams like the Yankees and Astros have already filled their holes at first base. And when the Mets set their sights on a target, they’re not easy to outbid.

Nightengale also notes that the Mets “like their internal options” at third base – in other words, he implies they aren’t likely suitors for star third baseman Alex Bregman. However, it’s not clear if that is at all contingent on the team re-signing Alonso. If Alonso is back in Queens next season, Mark Vientos is the obvious candidate to play third base. Vientos was one of the team’s best hitters in 2024, while also providing capable defense at the hot corner. Yet, if Alonso signs elsewhere, Vientos is likely to move across the diamond and take over at first. Simply put, there is a massive difference between Vientos and the next-best option at third base, which seems to be former top prospect and unproven big leaguer Brett Baty. The other internal options include Ronny Mauricio, who spent the entire 2024 season on the IL, and Luisangel Acuña, a second baseman/shortstop who has never played third base professionally. It’s hard to believe the Mets would feel confident going into the season without a more reliable player at third base.

It’s easier to accept the notion that the Mets are done adding to their rotation, which Will Sammon of The Athletic suggests is the case. After agreeing to a three-year, $75MM deal with Sean Manaea, the Mets have now signed three notable free agent starters: Manaea, Frankie Montas, and Clay Holmes. Those three will join Kodai Senga and David Peterson in the rotation, with Paul Blackburn, Griffin Canning, and Tylor Megill offering additional depth. Top prospect Brandon Sproat is another arm who could start for the Mets at some point in 2025.

With Senga and Manaea occupying the top two spots in the rotation, the Mets don’t have a bona fide ace like Zack Wheeler of the Phillies or Chris Sale of the Braves. However, their starting pitching depth looks like it’s going to be an asset. They would surely find room for Roki Sasaki if the NPB superstar chooses to sign in Queens, but otherwise, the Mets seem to have all the starters they can carry to begin the 2025 campaign.

It’s hardly a surprise that the club is looking to upgrade the roster in these areas given the players they’ve been connected to this winter. In the aftermath of the club’s failed pursuit of Juan Soto, Toronto has been name-checked as a potential suitor for corner outfield sluggers like Teoscar Hernandez and Anthony Santander. Nicholson-Smith opines that the outfield appears to be the “most logical” place for the club to add impact now that the addition of Gimenez has helped to solidify the club’s infield mix, particularly given the fact that center fielder Daulton Varsho is expected to start the 2025 season on the injured list after undergoing surgery on his rotator cuff back in September.

With that said, Nicholson-Smith also suggests that the club could add a more defensively-limited player to their lineup as well after parting ways with a similarly limited player in Horwitz opened up additional DH reps. To that end, Nicholson-Smith reiterates the club’s interest in Hernandez while also floating two other names worth mentioning: free agent DH Joc Pederson and Guardians first baseman Josh Naylor. Nicholson-Smith lists Pederson alongside Hernandez and Corbin Burnes among free agents the Jays have spoken to this winter, and he reports that the club is “believed to have shown some interest” in Naylor during their negotiations with Cleveland surrounding the Gimenez trade.

It’s the first time that Toronto has been directly connected to Pederson this winter, though it was just one year ago that the club was reported to have “strong interest” in the slugger before he ultimately signed with the Diamondbacks later in the winter. The soon to be 33-year-old put up a strong season in Arizona in 2024, slashing .275/.393/.515 with a 151 wRC+ in 449 trips to the plate. While Pederson’s massive platoon splits make him a somewhat lackluster option against opposing southpaws, the club’s deep group of young right-handed hitters like Leo Jimenez and Davis Schneider could be a natural fit to step into the lineup for him against tough lefties.

Naylor, meanwhile, is more of a true everyday player who sports a less significant platoon split and more defensive value but a less potent bat overall. The 27-year-old has some experience in the outfield corners but has primarily been a first baseman for the Guardians in recent year. 2024 saw Naylor slash a solid .243/.320/.456 (118 wRC+) that was mostly in line with previous years, as he’s a 121 wRC+ hitter overall since becoming a full-time player in 2022. It’s unclear if the Jays have interest in Naylor even after completing the Gimenez deal, but he certainly makes sense as a trade candidate for the Guardians given the $12MM salary MLBTR contributor Matt Swartz projected for the slugger in his final trip through arbitration before he reaches free agency next winter. Cleveland has well-regarded youngster Kyle Manzardo available to step in as the regular first baseman should Naylor be dealt at some point this winter.

As for pitching, Nicholson-Smith suggests that while landing Burnes in free agency “doesn’t seem especially likely,” the club pursuing an impact starter can’t be ruled out with left-hander Sean Manaea’s name floated as one possible option. It’s unclear if the club is interested in Manaea specifically, but a pitcher of that caliber could solidify the club’s rotation alongside Kevin Gausman, Jose Berrios, and Chris Bassitt while pushing Rodriguez to the bullpen after he posted a lackluster 90 ERA+ in 21 starts last year. Attractive as that may seem to Blue Jays fans, Nicholson-Smith cautions that it’s unclear whether the Jays would have the stomach to make an impact addition both to the rotation and the lineup this winter.

RosterResource puts the club’s luxury tax number at just over $228MM, meaning they have around $12MM remaining in the budget before they surpass the first luxury tax threshold. Even on impact addition seems certain to carry them past that mark, but a second one would run the risk of pushing them into the uncharted territory of surpassing the second threshold, which sits at $261MM in 2025. Given that, Nicholson-Smith suggests the club may have to choose between targeting an impact slugger and an impact starter before making a lower-level addition to address the other need. Jesse Winker and J.D. Martinez are among the veteran sluggers who may be available for relatively cheap in free agency, while back-end starting options who wouldn’t break the bank include players like Michael Lorenzen and Colin Rea.

The 32-year-old Pederson (33 in April) turned in perhaps the best season of his career with the Diamondbacks in 2024. The lefty-swinging slugger hit .275/.393/.515 with 23 homers, 17 doubles, a triple and seven steals (in 11 tries) through 449 plate appearances.

Pederson fanned in 23.4% of his plate appearances — his highest mark since 2021 — but also walked at a stout 12.2% clip. As just about every club has done, the D-backs platooned him heavily. Pederson has a lengthy track record of struggling versus fellow southpaws and did so again in a tiny sample of 42 plate appearances last year. In 407 trips to the plate against right-handers, however, he mashed at a .281/.392/.531 clip — about 54% better than league average, by measure of wRC+.

Because Pederson already received a qualifying offer once in his career — he accepted a QO from the Giants following the 2022 season — he was ineligible to receive one from Arizona this winter. He won’t cost the Rangers or any other team a draft pick or future international bonus pool space. Pederson, however, can rightly seek a raise on last year’s $12.5MM salary and perhaps do so while pursuing the multi-year deal that has eluded him in what’s now been four separate trips through free agency.

Whether the Rangers have the funds to make that happens isn’t clear, but their recent spending certainly indicates there could be a path to both paying Pederson and securing the multiple relievers they’re hoping to acquire (also per Grant). RosterResource projects the Rangers at a roughly $203MM payroll with just under $220MM worth of luxury obligations. Dipping under the CBT threshold is a reported goal of the Rangers this offseason.

Be that as it may, Joel Sherman of the New York Post reported earlier in the week that Texas offered Max Fried a seven-year deal worth roughly $190MM. That $27.1MM AAV would be even higher than the $25MM AAV on Eovaldi’s $75MM deal. Between the larger-than-expected deal for Eovaldi and a spirited pursuit of Fried, it seems the Rangers were comfortable pursuing at least one big-ticket item. Pederson will surely command an eight-figure AAV of his own, but Texas could deal from its rotation depth (e.g. Tyler Mahle, Jon Gray, Dane Dunning) to drop payroll a bit.

There’s been some speculation about a possible trade of Nathaniel Lowe in the wake of the Burger acquisition — both at MLBTR and via other outlets — but moving Lowe would only subtract a left-handed bat from a team on the lookout for just such hitters. Perhaps they could trade Lowe, use some of his projected $10.7MM salary to help round out the relief corps, and look for a more affordable lefty bat in free agency or via the trade market. Looking to the trade market for affordable relief help would also make sense.

Other left-handed bats of note on the market include Max Kepler, Jesse Winker, Alex Verdugo, David Peralta, Gavin Sheets and switch-hitters Josh Bell and Carlos Santana, to name a few. The Rangers would surely like veterans Kirby Yates and David Robertson back, but both will command notable commitments — Yates possibly on a multi-year deal. Texas has also been linked to longtime Braves lefty A.J. Minter and will likely cast a wide net in searching for bullpen help, as their relatively quiet signing of Webb indicates.

Pederson, 33 in April, is a limited player but does one thing very well. He doesn’t run well nor provide much of anything defensively. He’s also been a liability when a left-hander is on the mound, but he does crush righties.

Last winter, the Diamondbacks signed Pederson to a one-year deal with a $12.5MM guarantee. He got into 132 games for the Snakes this year but didn’t take the field at all. On account of his poor defensive track record, he was used exclusively as a designated hitter or pinch hitter. Of his 449 plate appearances on the year, only 42 of them were against southpaws. He actually produced a strong .219/.405/.344 line and 124 wRC+ in that split thanks to a 16.7% walk rate, and in spite of a 42.9% strikeout rate. But for his career, he has a .210/.300/.330 line and a 76 wRC+ without the platoon advantage.

In his 407 plate appearances against righties this year, his strikeout rate was a far more palatable 21.4%. His 11.8% walk rate was quite a strong, a few ticks above league average. He also hit 22 home runs, which helped him produce a slash of .281/.392/.531 and a 154 wRC+.

Overall, Pederson hit .275/.393/.515 on the year for a 151 wRC+, the second of the past three years with very strong offensive production. He hit .274/.353/.521 with the Giants in 2022 for a 144 wRC+. San Francisco gave him a $19.65MM qualifying offer on the heels of that showing, which he accepted. His batting line dropped to .235/.348/.416 in 2023, for a 109 wRC+, but the Snakes may have had a hunch that was bad luck. His batting average on balls in play went from .310 in 2022 to .268 in 2023, despite his batted ball metrics staying strong. His BABIP corrected to .322 in 2024 and his overall offense climbed back up along with it.

Even with that unlucky dip last year, Pederson has still managed to produce a 135 wRC+ over the past three years combined. Among players with at least 1200 plate appearances in that time frame, that figure is one of the top 15 in the majors, just ahead of guys like José Ramírez, Matt Olson and Rafael Devers. Pederson’s deficiencies put limits on his ability to contribute, but he’s a huge difference maker at the plate. MLBTR predicted him for a two-year, $24MM contract as part of the annual Top 50 Free Agents post.

It’s understandable that the Diamondbacks would want Pederson back, as they saw first-hand what a huge impact he can make at the plate. General manager Mike Hazen has said that he expects the 2025 payroll to be in the same range as 2024. RosterResource currently projects the club for $149MM in spending next year, which is about $14MM shy of last year’s Opening Day figure. Re-signing Pederson would eat up most of that but trading some of Jordan Montgomery’s salary could perhaps create some extra wiggle room for further offseason moves.

For the Rays, they usually aren’t big players in free agency but it wouldn’t be unprecedented to do something like this. Just two years ago, they gave Zach Eflin a $40MM guarantee. RosterResource pegs them at $79MM for next year’s payroll, about $20MM shy of where they started 2024. That could give them some room to work with this offseason, depending on how their ongoing stadium uncertainty is going to impact their spending plans.

In terms of the roster construction, it would be a bit of a pivot for the Rays, as they usually place a high value on defensive versatility. The last time they had one player take more than 400 plate appearances as a designated hitter was Johnny Damon in 2011. But if they view Pederson as the best bat available in their price range, perhaps they would be willing to have him lock up the DH spot, at least against righties.

For the Rangers, as mentioned by Rosenthal, squaring up right-handed pitching was a struggle this year. They put up a collective line of .238/.304/.379 for a wRC+ of 95, putting them in the bottom third of the league. Installing Pederson in their lineup would be the most straightforward way of improving that line in 2025. The club didn’t have a strict designated hitter in 2024, so fitting Pederson in shouldn’t be too hard. 11 different players took at least 22 trips to the plate in that spot in 2024, with Wyatt Langford leading the pack with 105 plate appearances. Pederson’s presence would make it more difficult to spread around the DH time to so many guys, but it could be viewed as worth it, given how good he’s been at the plate recently.

All three decisions were expected, even with Kelly missing over half of the season due to a teres major strain.  The right-hander was limited to 73 2/3 innings over 13 starts, with a 4.03 ERA and some pretty unimpressive Statcast numbers, save for a solid 6.3% walk rate.

Assuming good health for Kelly next year, however, the $6MM decision (there was a $1MM buyout attached) was still an easy one for Arizona to make, given how well he has generally pitched over his six seasons in a Diamondbacks uniform.  Kelly didn’t make his MLB debut until age 30, after the D’Backs signed him to return to North America after a successful four-season run in the KBO League.  Over the course of two separate contracts with Arizona, Kelly has now earned $37.5MM over a seven-year span since returning from South Korea.

The D’Backs were hoping for more reclamation success when they signed McGough to a two-year, $6.25MM deal in the 2022-23 offseason, as McGough had pitched well over four seasons with the Yakult Swallows of Nippon Professional Baseball.  Unfortunately, McGough posted a 4.73 ERA in 70 1/3 innings out of Arizona’s bullpen in 2023, and then a 7.44 ERA in 32 2/3 frames this season.  The right-hander’s home run and walk rates were constant issues, while McGough’s strikeout rate also plummeted from 28.6% in 2023 to just 16.7% this season.

Pederson almost exclusively faced right-handed pitching this season, and was utilized only as a designated hitter.  Albeit within this limited scope, Pederson enjoyed a monster year, hitting .275/.393/.515 with 23 homers over 449 plate appearances.  Among all position-player free agents, only six posted a higher fWAR than Pederson’s 3.0 mark in 2024, and only Juan Soto had a higher wRC+ than Pederson’s 151.

While Pederson resisted being a full-time platoon player or DH earlier in his career, embracing his specialist role has obvious upside, and could lead to another nice payday as he enters his age-33 season.  No shortage of teams could use Pederson’s power, and a return to the D’Backs is certainly a possibility given how well the veteran slugger performed in his first season in Arizona.  Randal Grichuk also declined his end of a mutual option, leaving the Diamondbacks without both pieces of their unofficial lefty-righty platoon.  Depending on the asking prices, the D’Backs could perhaps look to re-sign one of Pederson or Grichuk, and then look another complementary bat to fill the other side of the virtual platoon.

Atlanta then shipped Soroka and four other players to Chicago in the Aaron Bummer trade last November, and Soroka’s first season with the Sox has been a struggle, as he has a 5.25 ERA over 72 innings and he lost his rotation job in May.  Soroka’s 3.49 ERA as a reliever is a big step up from his 6.39 ERA as a starter, though this latest shoulder injury could bring another unwelcome wrinkle to his career.  It could also impact Chicago’s trade deadline plans, as an impending free agent like Soroka is an obvious trade candidate, and a healthy multi-inning reliever would appeal to several teams.

More from around the American League as we head into the All-Star break…

• The Royals started their deadline moves with a bang on Saturday, acquiring Hunter Harvey from the Nationals for third base prospect Cayden Wallace and Kansas City’s Competitive Balance Round A pick in this year’s draft.  (Washington used the 39th overall pick on Cal catcher Caleb Lomavita.)  “What we came to realize is if you’re going to acquire a quality relief pitcher with years of control, it’s not going to be a comfortable trade to make.  You’re going to have to give up something to get something,” Royals general manager J.J. Picollo told MLB.com’s Anne Rogers and other reporters.  K.C. was known to be looking for bullpen help, and Harvey brings “great depth” to the relief corps, though Picollo said the team was “happy with” James McArthur’s work as closer.  “The depth was the focus for us and having more options at the back end of the game,” Picollo said.
• Astros GM Dana Brown provided an update on Lance McCullers Jr. during a pregame radio appearance today (hat tip to Chandler Rome of The Athletic).  McCullers’ rehab from flexor surgery was halted earlier this week due to some soreness in his right arm, and Brown said “we just have to let time heal and we can’t push him.”  A return by September to work as a reliever is a possibility, Brown said, which is itself notable since McCullers has started 127 of his 130 career big league games.  A variety of injuries have cost McCullers the entirety of both the 2019 and 2023 seasons, and limited him to 265 innings over the 2020-22 campaigns.  The exact nature of McCullers’ latest issue isn’t known, but Brown somewhat ominously said that the righty had gotten “his second opinion” about the setback.
• The Blue Jays were known to be pushing to sign Joc Pederson last winter, before Pederson landed with the Diamondbacks on a one-year deal worth $12.5MM in guaranteed money.  Sportsnet’s Ben Nicholson-Smith recently spoke with Pederson about his offseason talks with Toronto, and Pederson said he had a FaceTime conversation with GM Ross Atkins and manager John Schneider that seemed to go well, though negotiations didn’t progress much further.  “They just I guess didn’t want me as bad as some other teams and weren’t able to really put together an offer when it was time for me to make a decision….From the conversations we had on the phone and how interested they were in adding a left-handed bat, their actions didn’t match their words, I guess you could say,” Pederson said.  “They said everything went really well and then didn’t want to offer what other teams did.”  The veteran slugger didn’t have any displeasure with how things worked out, and even left the door open to potentially play for the Jays in the future.  Pederson is having an excellent season as a righty-mashing DH in Arizona, hitting .273/.374/.498 with 13 homers over 277 plate appearances with the D’Backs.

Davis, 31 next month, is set to hit free agency after the 2024 campaign and seems unlikely to find a regular role in San Francisco this season with Soler at DH, Chapman at the hot corner, and LaMonte Wade Jr. and Wilmer Flores expected to handle first base. That reality could spur the Giants to make a trade in the near future, per Alex Pavlovic of NBC Sports Bay Area. The veteran infielder hit a roughly league average .248/.325/.413 in 144 games with the Giants last year, but had established himself as a well-above average bat in the four years prior to the 2023 campaign, slashing .276/.363/.457 with a 127 wRC+ during that time. That upside could make Davis an attractive target for a team lacking in certainty at the infield corners, such as the Cubs, Mariners, or Brewers, potentially allowing the club to shed his $6.9MM salary and free up additional payroll space for a possible pursuit of southpaw Blake Snell.

For Davis’s part, he told reporters (including Shayna Rubin of the San Francisco Chronicle) that the club’s decision to sign Chapman was “definitely surprising,” adding that he hadn’t communicated with the front office regarding the decision of his future to this point before referencing the club’s handling of veteran shortstop Brandon Crawford during his final year with the club and free agency this winter.

“I didn’t get a phone call, Brandon Crawford didn’t get a phone call,” Davis said, as relayed by Rubin. “It is what it is. It’s part of the business. I know every management is different in how they handle things and that’s just one of the characteristics you just have to live with.”

More from around San Francisco…

• While Crawford recently expressed disappointment regarding how his tenure in San Francisco ended, Susan Slusser of the San Francisco Chronicle writes that no such acrimony exists between the club and slugger Joc Pederson, who departed the club to sign with the Diamondbacks earlier this winter. While Pederson told Slusser that he retains a strong relationship with both president of baseball operations Farhan Zaidi and that the Giants even made him an offer this winter, though he added that Arizona “expressed more interest” and presented him with a stronger offer. Pederson spent the past two seasons playing for San Francisco, slashing a strong .255/.351/.470 in 255 games with the club across the two campaigns.
• Shortstop Nick Ahmed recently spoke to reported, including The Athletic’s Andrew Baggarly, regarding his decision to sign with the Giants on a non-roster deal this spring. The two-time Gold Glove award winner had spent parts of ten seasons with the Diamondbacks prior to becoming a free agent for the first time in his career back in September, and the soon to be 34-year-old veteran indicated that while he had some conversations with the Cardinals this winter before they signed Crawford to a one-year deal last month. With that being said, Ahmed indicated that he was enticed to sign in San Francisco when Zaidi and manager Bob Melvin indicated to him that he would have the opportunity the everyday job at shortstop with the club this spring. A career .234/.288/.376 hitter, Ahmed has made up for a lack of offensive production throughout his career with elite defensive numbers and figures to battle with youngsters Marco Luciano and Casey Schmitt for the shortstop job throughout the final month of Spring Training.

This week, host Darragh McDonald is joined by Anthony Franco of MLB Trade Rumors to discuss…

• The trade sending Jorge Polanco from the Twins to the Mariners (1:10)
• The Brewers sign Rhys Hoskins (8:25)
• The Diamondbacks sign Joc Pederson while the Blue Jays sign Justin Turner (12:05)
• The Tigers sign prospect Colt Keith to an extension (20:30)

Plus, we answer your questions, including…

• Is Cody Bellinger unsigned because of his asking price? Will the Cubs sign him or do they not want to block their outfield prospect? (27:35)
• Should the Mariners sign Blake Snell? Will they? Can they? (31:40)

Check out our past episodes!

• The Broadcasting Landscape, Josh Hader and the Relief Market – listen here
• The Cubs’ Activity, Marcus Stroman And Jordan Hicks – listen here
• Teoscar Hernández Signs With L.A. And The Move-Making Mariners and Rays – listen here

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

Jan. 25: The Diamondbacks continue adding to the lineup. They’re reportedly in agreement with designated hitter/outfielder Joc Pederson on a one-year, $12.5MM guarantee. The Excel Sports Management client will receive a $9.5MM salary next season and is due a $3MM buyout on a 2025 mutual option valued at $14MM.

Pederson, 32 in April, has been a potent slugger in the big leagues for a decade now. Since his 2014 debut, he has launched 186 home runs while playing for the Dodgers, Cubs, Braves and Giants.

That latter club has employed Pederson for the past two seasons. He signed a one-year, $6MM deal going into 2022 and gave the club plenty of return on that investment. He hit 23 home runs and walked in 9.7% of his plate appearances. His .274/.353/.521 batting line translated to a wRC+ of 146, indicating he was 46% better than league average. His defense continued to be a liability, but that offensive production was excellent.

The Giants were clearly impressed, as they surprisingly extended a $19.65MM qualifying offer to Pederson going into 2023. He accepted that offer and returned to San Francisco for another year, which led to results that were a bit more mixed. His walk rate jumped up to 13.4% but his batting average dipped and he only hit 15 home runs on the year. His .235/.348/.416 batting line led to a wRC+ of 111, still above average but a big drop from the year prior.

Despite the down year in terms of results, there are reasons to be bullish, something recently explored by Leo Morgenstern of MLBTR. Pederson’s Statcast page continues to glow with a crimson red, as his hard hit rate and average exit velocity are both in the top 10% of qualified hitters. Despite continually pummeling the ball, his batting average on balls in play dropped from .310 in 2022 to .268.

That latter figure exactly matches his career BABIP, which arguably points more to 2022 being an outlier than the most recent season. But on the other hand, 2023 was the first year with the ban on defensive shifts. As a slow-running left-handed power bat, Pederson was the exact type of player the shift ban was supposed to help, and yet his BABIP dropped by over 40 points as his quality of contact stayed strong.

Even if the BABIP fortune doesn’t change, Pederson can be a valuable platoon bat. His .242/.344/.490 line against righties in his career translates to a 125 wRC+, compared to a line of .209/.293/.329 and a 73 wRC+ against lefties. His 2023 results were pretty close to those career marks, with a .241/.351/.435 slash and 115 wRC+ with the platoon advantage and .186/.327/.279 and 80 wRC+ otherwise.

Diamondbacks general manager Mike Hazen has been open for some time about the club’s willingness to add a full-time designated hitter, and Pederson would fit the bill. He can play the outfield a bit, and has seen brief stints at first base, but his glovework has never been highly rated and his time spent on the grass has declined over time. He only made 23 starts in the outfield in 2023 and logged just 204 innings there for the year.

Those figures may decline even further in 2024 if a deal gets done with the Snakes. They will likely have Corbin Carroll, Alek Thomas and Lourdes Gurriel Jr. as their regular outfield, with Jake McCarthy and Dominic Fletcher on hand for depth. With those outfielders on the roster, they wouldn’t need Pederson to don a glove very often.

After making a surprise World Series run in 2023, the Diamondbacks have been active in reloading the roster for 2024. They traded for Eugenio Suárez to take over as their third baseman and signed Eduardo Rodríguez to strengthen their rotation. If they are able to get a deal done with Pederson, it would add another threat to the lineup.

Those moves have pushed the club into unprecedented payroll territory, despite the fact that their RSN deal with Diamond Sports Group collapsed in 2023. Per Cot’s Baseball Contracts, the club’s franchise record Opening Day payroll is $132MM. Roster Resource now projects next year’s payroll figure above $142MM.

ESPN’s Buster Olney first reported the Diamondbacks and Pederson were in discussions. Nick Piecoro of the Arizona Republic reported the sides were closing in an agreement. Steve Gilbert of MLB.com was first to report the sides had agreed to a one-year deal with a mutual option for 2025. Piecoro reported the salary breakdown.

Image courtesy of USA Today Sports.

Hernandez, 32, sports the versatility to play anywhere on the diamond except catcher. While the veteran struggled at the plate during his time in Boston last year, he enjoyed a resurgence upon returning to L.A. with a respectable .262/.308/.423 slash line in 185 plate appearances. If Hernandez were able to replicate those offensive numbers over a full season in 2024, that roughly league average offense and his positional versatility would combine to make him among the more valuable bench options in the game. With that being said, Rosenthal adds that the Dodgers appear to have their priorities focused elsewhere as they search for a high-leverage bullpen arm to complement the likes of Brusdar Graterol and Evan Phillips.

Dodgers bullpen arms posted a strong 3.42 ERA last season, the third-best figure in the majors behind only the Yankees and Brewers. Nonetheless, it’s sensible for the club to look for relief upgrades. After all, the club’s production out of the bullpen dramatically improved upon their acquisition of veteran righty Ryan Brasier, who posted an eye-popping 0.70 ERA in 39 appearances with L.A. after being acquired from the Red Sox last June. Prior to Brasier’s arrival, the Dodgers’ bullpen was struggling to an ERA of 4.94, bottom-two in the majors alongside the lowly A’s. To that end, Rosenthal suggests the club could look to reunite with Brasier or perhaps even longtime closer Kenley Jansen, who the Red Sox are reportedly shopping this winter.

More from around the NL West…

• Rosenthal also discusses the recent deal between the Diamondbacks and lefty slugger Joc Pederson. Rosenthal notes that prior to accepting a fourth consecutive one-year deal in free agency Pederson indicated to Arizona that he hopes to “restore his value” with the club in 2024 before returning to free agency in search of a multi-year pact. For Pederson, Rosenthal suggests that would involve showing he’s more than a platoon DH. The Diamondbacks’ outfield mix is a fairly crowded one with Lourdes Gurriel Jr. and Corbin Carroll entrenched as regulars alongside a litany of potential options like Alek Thomas, Jake McCarthy, and even Dominic Fletcher. Each of the aforementioned names is a stronger defender in the outfield than Pederson, so the 31-year-old could instead look to boost his stock by playing more regularly against southpaws, against whom he has taken just 606 plate appearances during his entire career.
• Newly-acquired Giants southpaw Robbie Ray spoke to reporters (including Susan Slusser of the San Francisco Chronicle) as he rehabs from UCL and flexor tendon surgery. The 32-year-old southpaw said it feels as though he has a “brand new elbow,” and that he hopes to begin throwing off a mound early on during Spring Training. In terms of a timetable for his return to the big league pitching staff, Ray suggests that a return around the All-Star break would be a “best-case scenario.” The 2021 AL Cy Young award winner, Ray posted a 3.31 ERA and 3.94 FIP in 65 starts with the Blue Jays and Mariners the past three seasons, though only one of those starts came in 2023 before Ray went under the knife back in May of last year. His eventual return should bolster a San Francisco rotation that currently figures to feature Logan Webb, Ross Stripling, and newly-signed righty Jordan Hicks alongside youngsters Kyle Harrison and Keaton Winn.

Arizona hasn’t made a major league addition since finalizing their new contract with Gurriel a month ago. They’re not done, however. GM Mike Hazen has said a few times the Snakes are looking for a hitter they can plug in at the DH spot. He reiterated that in a chat with Nick Piecoro of the Arizona Republic not long after the new year, suggesting at the time they felt they were likelier to add another bat in free agency than through trade. While Arizona was focused primarily on right-handed hitters early in the winter, their deals with Suárez and Gurriel have balanced the lineup. Hazen indicated they’re considering DH options of either handedness at this point.

A few of their reported targets remain on the market. Some potential fits:

Right-Handed Free Agents

• J.D. Martinez: Martinez, who mashed in a two-month stint for Arizona at the end of the 2017 season, remains one of the more productive hitters in the majors. He’s coming off perhaps his best year since 2019. He blasted 33 home runs in only 479 plate appearances for the Dodgers a season ago. His .271/.321/.572 batting line was stellar and he turned in his highest hard contact rate (54.8%) of the Statcast era. The huge power production partially masks an uptick in whiffs, as he struck out at a career-high 31.1% clip. That’s a bit alarming, but teams would happily live with the strikeouts if they anticipate Martinez hitting for that kind of power again. Arizona was tied to Martinez, who did not receive a qualifying offer from L.A., in early December. The Blue Jays, Angels and Mets have also been tied to his market.
• Jorge Soler: Soler, 32 next month, drilled 36 homers for the Marlins a season ago. His .250/.341/.512 showing was a huge improvement on the .207/.295/.400 mark he turned in during his first year in Miami. Soler made the easy call to decline a $13MM player option in search of a multi-year pact. The Marlins decided not to issue a QO and, according to the slugger, haven’t shown any interest in a reunion. While Soler is one of the sport’s streakiest hitters, he’s near the top of the league in raw power. He draws plenty of walks and trimmed his strikeouts to a managable 24.3% clip last season. Soler should find at least two guaranteed years and has an argument for a three-year pact. Arizona checked in on his market in early December. They’ve been joined by the Blue Jays, Red Sox and Mariners in that regard (although Seattle is probably out of the mix after signing Mitch Garver and reacquiring Mitch Haniger).
• Justin Turner: Arizona has been linked to Turner in consecutive offseasons. Even at 39, he continues to produce at the plate. He’s coming off a .276/.345/.455 showing with 23 longballs in 626 trips to the dish for the Red Sox. His is a balanced offensive profile. He walks at an average rate, makes a decent amount of hard contact and remains very difficult to strike out (17.6% strikeout percentage last year). Turner is no longer capable of playing every day at third base, but he can factor in at either corner infield spot while logging the bulk of his at-bats at DH. Toronto, the incumbent Red Sox, and Mets have also been linked to him this winter.
• Rhys Hoskins: Hoskins is the only player in this group to whom the D-Backs haven’t been connected. Perhaps he’s simply not interested in signing as a full-time designated hitter. With Christian Walker at first base, the Snakes would have to push Hoskins into a bat-only role on most days. If he’s open to that possibility, Hoskins makes sense as one of the more consistent offensive players still on the market. The longtime Phillie missed last year after tearing his ACL in Spring Training. Between 2019-22, he hit .240/.349/.479 in more than 2000 trips to the plate. Philadelphia did not issue him a qualifying offer.

Left-Handed Platoon Bats

• Brandon Belt: While Arizona hasn’t been tied to Belt this offseason, that’s true of essentially everyone. There haven’t been any public revelations on his market despite his strong 2023 season in a platoon capacity for the Blue Jays. The longtime Giant hit .254/.369/.490 with 19 homers through 404 plate appearances. That came almost entirely against right-handed pitching, but he’s still a productive three-true-outcomes hitter when he holds the platoon advantage.
• Joc Pederson: Last year wasn’t a great showing for Pederson, who hit .235/.348/.416 with 15 homers across 425 trips for the Giants. That’s not what San Francisco envisioned when extending him a near-$20MM qualifying offer last winter. Pederson won’t come close to that kind of salary this time around. Still, he’s only a year removed from a .274/.353/.521 line. Pederson continues to post hard contact rates near the top of the league and has five 20-homer seasons on his résumé.

Trade Possibilities

While Hazen indicated a free agent pursuit was likelier than a trade, they’re not going to close off the latter market entirely. If they don’t find an agreeable price point with any of their targets on the open market, there are a few speculative possibilities on the trade front.

• Eloy Jiménez: Jiménez is a right-handed hitter who has flashed 30-homer power upside. His career has been interrupted by frequent injuries, including extended absences in 2021 and ’22 (for a ruptured pectoral tendon and a hamstring tendon tear, respectively). Last year was only the second time in his career that he surpassed 100 games. It was also among his least productive seasons, as he hit .272/.317/.441 with 18 homers through 489 plate appearances. Jiménez will make $13MM next year and is guaranteed a $3MM buyout on the first of two club options for 2025-26. The Sox reportedly haven’t found much interest on the trade market as a result.
• Harold Ramírez: The Rays have floated Ramírez in trade discussions as a potential sell-high candidate. The 29-year-old had an impressive .313/.353/.460 showing last year. He’s up to a .306/.348/.432 slash in nearly 900 plate appearances since Tampa Bay acquired him on the eve of the 2022 season. That production is built around a batting average on balls in play above .350 as opposed to prototypical DH power. While that and an aggressive offensive approach could give some teams pause, he’s a high-contact righty hitter with gap power and the ability to take the ball to all fields. Ramírez is on track to go to an arbitration hearing with Tampa Bay to determine his 2024 salary. He filed at $4.3MM, while the team countered at $3.8MM. He’ll be eligible for arbitration once more after that.
• Brent Rooker: Rooker, 29, turned in a career year for the A’s. Claimed off waivers from Kansas City last offseason, he popped 30 homers with a .246/.329/.488 showing in 526 plate appearances. The right-handed hitter posted excellent numbers against southpaws (.279/.354/.519) and acceptable production versus same-handed arms (.230/.316/.472). He struck out in nearly a third of his trips but tapped into the huge raw power that made him the 35th overall pick in the 2017 draft. Rooker is still a year from arbitration and under club control for four seasons. The A’s don’t have any urgency to trade him, but they probably wouldn’t consider him a core piece of their long-term rebuild given his age and defensive limitations.