Kyle Finnegan is one of the top remaining relievers in a thinning free agent market. The righty somewhat surprisingly hit free agency when the Nationals opted not to tender him a contract for his final season of arbitration. MLBTR contributor Matt Swartz had projected the All-Star for an $8.6MM salary.
That’s a price the Nats were unwilling to pay. Washington has seemingly had interest in bringing Finnegan back at a lesser number. The sides reportedly had some conversations before the non-tender. General manager Mike Rizzo told reporters on Thursday that the Nats have “been talking to Finnegan throughout the offseason” about a potential reunion (link via Mark Zuckerman of MASNsports.com). There’s evidently still a financial gap. Rizzo declined to specify what kind of contract has been discussed beyond noting that “it takes two to tango.”
Finnegan has topped 60 innings with a sub-4.00 ERA in four consecutive seasons. He has been Dave Martinez’s primary closer for most of that time, recording 88 career saves. That includes a career-high 38 saves in 43 attempts last year. Only Ryan Helsley and Emmanuel Clase locked down more games. Finnegan concluded the season with a 3.68 earned run average across 63 2/3 innings.
Despite the gaudy save total, Finnegan’s peripherals were about average. He struck out 22.1% of opponents against an 8.9% walk rate. His 10.8% swinging strike percentage was a bit below the 11.6% league mark for relievers. That combined with a rough second half to lead the Nationals to non-tender him. Finnegan carried a 2.45 ERA and 26.1% strikeout rate into the All-Star Break. He lost nearly 10 percentage points off the strikeout rate while allowing 5.79 earned runs per nine after that.
That didn’t come with any kind of velocity drop. The 33-year-old averaged 97 MPH on his fastball in each month of the season. Opponents make a lot of hard contact against the heater, though, and they had increasing success differentiating the pitch from his splitter as the year progressed.
The Nats haven’t done much to address the bullpen. In addition to cutting Finnegan, they traded Robert Garcia to Texas for first baseman Nathaniel Lowe. They added Jorge López on a $3MM free agent deal. Japanese southpaw Shinnosuke Ogasawara could pitch in long relief, while Rule 5 pick Evan Reifert is trying to hold a middle relief job. Washington could certainly use more stability in a late-innings mix led by López, Jose A. Ferrer and Derek Law. Righty David Robertson is the top unsigned reliever, while Andrew Chafin and Phil Maton are among the next tier.