12:45 pm: The Cardinals have formally announced their decision to decline all three club options.
12:22 pm: The Cardinals will not pick up their 2025 team options for right-handed pitchers Kyle Gibson, Lance Lynn, or Keynan Middleton, reports Derrick Goold of the St. Louis Post-Dispatch. The club could have retained Gibson and Lynn for $12MM each, while Middleton’s option was valued at $6MM. Instead, the Cardinals will pay all three pitchers a $1MM buyout and send them back onto the free agent market. They will be eligible to sign with any of the other 29 teams as of Monday.
Earlier this week, The Athletic’s Katie Woo wrote that the team was “not expected” to keep Lynn or Middleton, but the news about Gibson comes as a bit more of a surprise. The durable veteran came exactly as advertised in 2024, giving the Cardinals 30 starts and 169 2/3 innings with a 4.24 ERA and 4.44 SIERA. However, president of baseball operations John Mozeliak told Goold that he is prioritizing “maximum flexibility” this offseason, hence his decision to clear as much money from the books as possible.
Gibson has been one of the most reliable pitchers in the game throughout his career. Dating back to his first full season in 2014, he has made 314 starts. No other pitcher has made as many 300 starts in that time. He has never pitched like an ace, but there is good value in a starter who can consistently pitch a full season’s worth of innings with an ERA close to league average. That’s why Gibson earned a $10MM deal from the Orioles two offseasons ago and a $13MM guarantee from the Cardinals last winter. That’s also why he would have been well worth a net value of $11MM in 2025. It seems as if the Cardinals understand as much but simply prefer to use that money elsewhere. Woo noted they might have picked up Gibson’s option if they felt confident they could offload Miles Mikolas or Steven Matz in a trade. Her report suggests the front office liked Gibson at that $11MM value but ultimately decided they had too much money tied up in other veteran starting pitchers.
Goold mentions that Gibson has “expressed an interest” in returning to St. Louis next season, and for what it’s worth, Mozeliak suggested the team could still consider reunions with all three pitchers. Presumably, however, the Cardinals will wait and see if they can trade any of their other veteran starters before possibly picking up negotiations with Gibson.
Lynn pitched well over the first four months of the 2024 season, bouncing back from a difficult 2023 campaign to produce a respectable 4.06 ERA and 4.47 SIERA across his first 21 starts. Unfortunately, right knee inflammation limited him to just two starts over the final two months of the year. They were both good outings, lowering his full-season ERA to 3.84, but considering Lynn’s age (he’ll turn 38 next year) and his recent history of right knee problems (he missed more than two months after knee surgery in 2022), it’s not hard to see why the Cardinals were wary of bringing him back on an eight-figure salary in 2025.
The 2024 season was a lost year for Middleton, who could not return to the mound after suffering a forearm strain in spring training. He ultimately underwent flexor tendon surgery in June, formally ending his season. With that in mind, the Cardinals’ decision not to pick up his option is the least surprising of the three. It’s possible he’ll be back to full health by next spring, but his value is certainly lower than it was at this time last year. Wherever he signs this offseason, it’s likely to be for significantly less than $6MM.
In addition to Gibson, Lynn, and Middleton, three more Cardinals veterans will be free agents this winter: Paul Goldschmidt, Matt Carpenter, and Andrew Kittredge. Even with a handful of players eligible to earn raises in arbitration and Sonny Gray’s forthcoming $15MM salary bump (the deal he signed last winter was heavily backloaded), RosterResource estimates the Cardinals 2025 payroll to be $147MM, well below their estimated $183MM payroll this past season. If they had chosen to pick up the options on Gibson, Lynn, and Middleton, that would have increased next year’s payroll projection to $174MM.