8:06pm: At least a trio of “mid-market” teams have reached out to the Cardinals about Arenado’s availability, writes Katie Woo of the Athletic. She adds that the Yankees do indeed have interest in the star third baseman, though it’s not known if Arenado would waive his no-trade rights to go to the Bronx.
6:17pm: Nolan Arenado’s name has been floated as a natural trade candidate since the Cardinals are trying to reduce payroll to some extent, and perhaps aren’t making a full-fledged run at contention. Despite the many obstacles involved in moving Arenado, Cards president of baseball operations John Mozeliak outright stated “It’s my intention to try” to move Arenado this season when speaking today with Jeff Jones of the Belleville News-Democrat (links to X), Derrick Goold of the St. Louis Post-Dispatch, and other reporters. A trade could come relatively soon, within the next 7-10 days but probably not during the Winter Meetings.
It is rare to see any executive be so forthcoming in discussing a player’s trade availability, particularly a player who is still under contract for the next three seasons. However, even as Mozeliak recently walked back the idea of 2025 as a pure rebuilding year for the Cardinals, it seems as though the team would like to open up the third base spot for younger players, in addition to getting some of Arenado’s salary off the books.
Arenado has a full no-trade clause, so he ultimately has the final say over where he plays in 2025 and beyond. The fact that Mozeliak feels a trade is relatively close would imply that Arenado has already provisionally agreed to a deal to a particular team or to a few teams, so now the Cardinals are sorting through the best offers from this team or teams. It is already known that Arenado is even willing to move off third base if that’s a better roster fit for a particular club, though it would seem unusual for the 10-time Gold Glover to move away from his accustomed position.
Beyond the no-trade protection, Arenado is owed $74MM over the three remaining years of his contract, though $10MM of that figure is covered by the Rockies as per the terms of the trade that sent Arenado from Colorado to St. Louis during the 2020-21 offseason. The Cards could attempt to take on another unfavorable contract as salary offset, though that wouldn’t much help the club’s bigger-picture plans.
Finding a trade partner to absorb all of that $64MM would be easier if Arenado was still in his prime All-Star form, though his numbers have fallen off in the last two seasons. Arenado has hit .269/.320/.426 with 42 home runs in 1247 plate appearances since Opening Day 2023, which is still above average (104 wRC+) production, yet not at his past standard. His Isolated Power metric plummeted to .123 in 2024, the lowest of his career and drastically below his .241 average in the previous 11 seasons.
Position change notwithstanding, Arenado’s market could be helped by the fact that the pickings are a little slim for teams looking for third base help this winter. Alex Bregman is easily the best option available in free agency, and the Phillies’ Alec Bohm might be the top third baseman available on the trade front. If a club feels a change of scenery can produce a bounce-back year for Arenado, a trade might be possible, provided that Arenado is equally enthusiastic about this new location to okay a deal. Reports indicate that the Yankees are one team that has been approached by the Cardinals about Arenado, though New York’s level of interest isn’t known.
Speaking of Cardinals players with no-trade protection, Miles Mikolas told Goold that he would prefer to stay in St. Louis for the final year of his contract. Mikolas is owed $16MM in 2025, and finding a taker at that full price could be tricky anyway since Mikolas struggled to a 5.35 ERA over 171 2/3 innings last season. While the 36-year-old still brings plenty of durability, the Cards might prefer such an innings-eater in their own rotation, since the team has already parted ways with Lance Lynn and Kyle Gibson.