Wacha signed a two-year, $32MM free agent deal with Kansas City last offseason that contained an opt-out clause after the first year. It was widely assumed that Wacha would opt out (leaving $16MM on the table) and return to free agency, though this new deal will give Wacha some security after bouncing around the league for the last several years.

The 33-year-old got his start with the Cardinals after being selected in the first round of the 2012 draft, but performed as little more than a back-end starter in seven seasons with St. Louis. After his first forays into free agency saw him post below-average numbers with the Rays and Mets, Wacha managed to turn things around in a big way after signing with the Red Sox on a one-year deal prior to the 2022 season.

In 23 starts with Boston, he posted an excellent 3.32 ERA in 127 1/3 innings of work. Wacha has kept that level of performance up throughout his early thirties, with a 3.30 ERA in 76 starts over the past three years with the Red Sox, Padres, and Royals. That 128 ERA+ is already quality mid-rotation production that most any club would happily take as a part of their starting five, but Wacha’s overall numbers looked even better with Kansas City than they had in his two prior successful campaigns.

Wacha largely maintained a more or less identical strikeout rate (21.2%) to the 21.3% figure he posted from 2022-23, and his walk rate ticked down slightly from 6.9% to 6.6%. Far more important than that, however, is Wacha’s improved ability to suppress hard contact. The right-hander’s hard-hit rate of 32.2% was the lowest Wacha had posted since 2017, while his barrel rate also improved slightly over his 2022-23 figure. Overall, Wacha’s quality of contact numbers were among the best of his career, including the lowest line drive rate he’s ever posted in a full season, plus improved groundball and infield fly ball rates relative to his 2022-23 seasons. Altogether, that improved batted ball data left the righty with not only a strong 3.35 ERA but also a 3.65 FIP that was his best in seven years.

Looking ahead to 2025 and beyond, the move to keep Wacha in the fold solidifies Kansas City’s rotation entering next season, keeping a front three of Seth Lugo, Cole Ragans, and Wacha together while Brady Singer, Alec Marsh, and Kyle Wright are among the club’s options for their final two starting jobs. With their rotation perhaps mostly set, the Royals will now surely look to upgrade an offense that generally struggled to produce in 2024 outside of superstar shortstop Bobby Witt Jr. In particular, the Royals figure to look for upgrades to their outfield mix coming off a season where the club’s 79 wRC+ in the outfield was bottom three in baseball ahead of only the White Sox and Pirates.

While Wacha’s fresh contract in Kansas City takes a quality mid-rotation arm off of the market, a number of interesting pitchers remain available this winter. Corbin Burnes, Max Fried, Blake Snell, and Jack Flaherty stand at the top of the market, with mid-rotation options like Nathan Eovaldi, Sean Manaea, and Luis Severino among the players still available in a similar tier to Wacha for the many clubs who figure to be on the hunt for rotation help.

ESPN’s Jeff Passan first reported Wacha’s new deal, with MLB.com’s Mark Feinsand adding the full contract breakdown.

Photo courtesy of USA Today Sports Images

While Picollo described the Royals’ offense as “acceptable” overall, the team is looking for bookends around the powerful 2-3-4 lineup combination of Bobby Witt Jr., Vinnie Pasquantino, and Salvador Perez.  The Royals relied heavily on that trio for most of their offense, and thus finding a more consistent leadoff hitter and no. 5 hitter are the first steps in increasing production.

Picollo noted that impending free agent Tommy Pham did a good job in stabilizing the leadoff spot after Pham was claimed off waivers from the Cardinals at the end of August.  In general, however, “that leadoff spot, we were circulating guys all year long, trying to find the right person….Every lineup, and the better lineups that we faced, they’re deep,” Picollo said.  “The more you can push guys down, the better our lineup will be. You start with a leadoff man, and then you try to find somebody in the middle of the lineup, as well.  The deeper you get, the more explosive you can be as an offense.”

Kansas City batters had a collective .306 on-base percentage this season, ranking 19th of 30 teams.  Witt’s .389 OBP did a lot of the heavy lifting on that cumulative total, as Yuli Gurriel (in only 65 plate appearances) ranked second on the team with a .338 OBP, followed by Perez at .330.  Maikel Garcia had the majority of at-bats out of the leadoff spot and his strong third base defense kept him in the lineup, but he hit only .231/.281/.332 over 626 PA.  Garcia’s 69 wRC+ was the lowest of any qualified hitter in baseball this season.

Despite Garcia’s lack of production, Picollo said Garcia and left fielder MJ Melendez (who also struggled) will be counted to improve at the plate as they head into their fourth Major League campaigns.  However, Picollo singled out the outfield as a natural area where the Royals could add some power and more offense in general, as only the Pirates and White Sox got less production from their outfielders in 2024 than the 79 wRC+ posted by Kansas City’s outfield mix.

“Generally speaking, when you’re looking at left field, right field, that’s where you’re thinking about power guys,” Picollo said.  “And we know this ballpark doesn’t lend itself to homers, but it does lend itself to slug.  So we’ve got to be more productive there.  And that’s where being optimistic about some of the guys that we have and looking at the experience they had, I think that’s fine.”

Right field is the most logical target area if Hunter Renfroe declines his $7.5MM player option for 2025, though Picollo said he hadn’t yet spoken to Renfroe about his upcoming decision.  Renfroe can take a $1MM buyout and return to free agency, but it probably seems likelier than Renfroe will take the larger $7.5MM payday after a sub-replacement season.  Renfroe had a -0.1 fWAR over 120 games with Kansas City, hitting .229/.297/.392 with 15 home runs, and he sandwiched a red-hot stretch in June and July between ice-cold performances in the first two and final two months of the regular season.

Kyle Isbel was also a below-average hitter but at least played some solid defense in center field, so he might have the most job security of all Royals outfielders heading into 2025.  If K.C. did indeed pick up a new corner outfielder or two, Renfroe, Melendez, Dairon Blanco, and Nelson Velazquez could all be vying for part-time or bench duty, or the Royals could look to move any to create roster space.

On the pitching end, Michael Wacha will have to decide on either exercising or declining his $16MM player option for the 2025 season.  Wacha’s excellent changeup powered his 3.35 ERA over 166 2/3 innings in his first season with the Royals, and induced a ton of soft contact while posting an above-average 6.6% walk rate.  Though his lack of strikeouts and velocity will always limit his market to some extent, Wacha has now posted very solid results in each of the last three seasons, and should certainly find a multi-year pact again on the open market this year.

Even if the likelihood is that Wacha does pass on his option, Picollo said “there’s no question we’d like to have him back.  How we go about that, I’m not sure just yet….He’s going to have opportunities with other clubs.  So we’ll work on that.”

The Royals aim to add more pitching with or without Wacha still in the rotation, though obviously it will be a more glaring need if Wacha does head elsewhere.  Cole Ragans, Seth Lugo, and Brady Singer still combine for a nice top three and Alec Marsh earned himself a rotation job, so on paper Kansas City would have plenty of internal candidates to compete for just one open starting job.  But as Picollo noted, “we were remarkably healthy this year,” so the club expects to need more pitching in the likely even that the Royals aren’t as lucky in avoiding the injury bug.

As to how much the Royals will have to spend for any upgrade, Picollo was naturally unspecific on the topic, but he felt owner John Sherman would have as much “flexibility” with the payroll as last winter.  “I would suspect it would be very similar,” the GM said.  “Not necessarily in, ’We’re going to spend $100 million,’ but more so his flexibility, him being open-minded to what our team’s needs are.”

RosterResource estimates that the Royals finished the year with a payroll of slightly more than $113.5MM, which represents the franchise’s biggest spend since its $122.2MM payroll on Opening Day 2018.  An increase in attendance and two playoff games should boost revenue, but the Royals are also one of the teams whose broadcast deals with Diamond Sports Group will be severed as part of DSG’s ongoing bankruptcy proceedings.

It remains to be seen if the Royals could work out a new deal with DSG/Bally Sports for the 2025 season or if the team might seek out another broadcast partner, or pursue an agreement with Major League Baseball itself to broadcast games (as six other clubs have done).  While obviously a lot of uncertainty exists here, it should be noted that the Royals’ previous deal with Bally was already up after the 2025 season, and the team still went ahead and had a relatively big spending splurge last winter even with the looming questions about its broadcast future.

In some injury updates, Hunter Harvey, James McArthur, and Chris Stratton should all be ready for the start of Spring Training after finishing the season on the injured list.  Some health uncertainty awaits Adam Frazier, who will be undergoing some type of procedure on his right thumb this week.

Frazier had a minimal 10-day IL stint in late June/early July due to a sprain in that same thumb, and an injury could explain his rough hitting numbers, as the veteran batted only .202/.282/.294 in 294 PA.  Kansas City is sure to decline its end of an $8.5MM mutual option on Frazier for 2025, and he’ll be bought out for $2.5MM.  Between his down year and perhaps this surgery impacting his readiness, Frazier may have to settle for a minor league pact in free agency.

Chicago isn’t likely to drop its demands much (or even at all) until closer to the deadline, and Crochet’s arbitration control also gives the Sox some extra leverage since the team doesn’t need to move the southpaw any time soon.  If anything, Crochet having a full and healthy season as a starter might only increase what the White Sox might be looking for in trade talks during the offseason, when the Sox could speak to a wider array of potential suitors.

More from around the AL Central…

• Sticking with the White Sox, Mike Clevinger told reporters (including MLB.com’s Scott Merkin) that he is set to begin rehab assignment with Triple-A Charlotte.  The plan is for Clevinger to start on Tuesday and Sunday in Charlotte before then possibly being activated from the 15-day injured list if all goes well.  Clevinger hasn’t pitched since May 23 due to a bout of elbow inflammation, and he has a 6.75 ERA over 16 innings and four starts this season.  Clevinger’s season already got off to a late start since he didn’t sign his one-year, $3MM free agent deal with Chicago until the start of April, but if he able to return healthy, he’ll have over a month to audition for interested teams heading into the trade deadline.
• Michael Wacha is slated to make a rehab start with the Royals’ Arizona Complex League team tomorrow, manager Matt Quatraro told MLB.com’s Anne Rogers and other reporters.  This might be Wacha’s only rehab outing, as Quatraro indicated that the Royals are planning to have the veteran righty back in their rotation next weekend.  Wacha signed a two-year, $32MM contract (with an opt-out after this season) with Kansas City this past winter, and delivered a 4.24 ERA over his first 68 innings as a Royal before a non-displaced fracture in his left foot resulted in an IL stint.  June 1 was the retroactive start date of that IL visit, so returning by next weekend makes for a relatively quick return for Wacha, which is good news considering the tricky nature of such injuries.
• Alex Lange had to leave the mound during an outing with Triple-A Toledo on Friday, and the Tigers reliever was in visible discomfort with an apparent upper-body injury.  Lange was set to undergo tests this weekend and the team hasn’t yet given any official word on his status.  Detroit optioned Lange to Triple-A last month after he posted a 4.34 ERA and (more distressingly) an 18.9% walk rate over 18 2/3 innings this season.  Lange has long battled control problems but his stay in Toledo seemed to be bearing dividends, as he had only a 2.9% walk rate and a 3.12 ERA over 8 2/3 Triple-A innings.

That’s particularly true for players who can opt out of their current contracts. Player ages are for the 2025 season.

• Cody Bellinger (29): Can opt out of final two years and $52.5MM on three-year guarantee

Bellinger didn’t find the $200MM+ offer he was seeking last winter. As with a few other high-profile Boras Corporation clients (more on them in a minute), he pivoted to a short-term deal that allowed him to return to free agency next winter. Bellinger is arguably out to the best start of the bunch and seems on track to head back to the open market. He can earn a salary of $27.5MM in 2025 or take a $2.5MM buyout. If he decides to stay with the Cubs, he’ll then get to choose between a $25MM salary for 2026 or a $5MM buyout.

The lefty-hitting center fielder has a .265/.325/.459 line with eight homers over 203 plate appearances. His 15.8% strikeout rate and 7.9% walk percentage are on par with last year’s levels. Bellinger is again succeeding despite a below-average 33.8% hard contact rate. He’s not performing at quite the same pace he did in 2023, but the overall profile remains the same: good contact skills with the ability to play center field and mediocre batted ball metrics.

It could set up another winter where Bellinger’s exit velocities are the subject of plenty of debate. Perhaps his camp will need to lower their asking price in the early stages of his free agency, but the initial decision to opt out would be a straightforward one if he continues at this pace. He’d still be fairly young for a free agent at 29. Now two seasons removed from his dismal 2021-22 production, he also wouldn’t be saddled with a qualifying offer. Bellinger received the QO last winter, so he cannot receive another in his career.

• Matt Chapman (32): Can opt out of final two years and $36MM on three-year guarantee

Chapman also settled for a short-term deal after a tough finish to the 2023 season. The defensive stalwart inked a three-year, $54MM contract with the Giants early in Spring Training. He has a $17MM player option for next season and an $18MM player option for the ’26 campaign if he doesn’t take the first opt-out. There’s a $1MM buyout on a mutual option for 2027 as well.

Over 60 games in San Francisco, he’s hitting .238/.307/.411 with eight home runs. That’s slightly better than average production in this season’s diminished run environment. By measure of wRC+, Chapman has been nine percentage points better than average at the plate — right in line with his usual level. He’s putting the ball in play more than he ever had before, but he’s sacrificing a few walks and some of his typically huge exit velocities to do so. While this would probably be enough for Chapman to head back to free agency in search of a three- or four-year deal, it’s not likely to result in the nine-figure contract that seemingly wasn’t on the table last offseason.

• Gerrit Cole (34): Can opt out of final four years and $144MM on nine-year guarantee; team can override by exercising a $36MM option for 2029 if Cole declines his end

As recently as a few months ago, this decision looked preordained. Cole, coming off a Cy Young win and probably the best pitcher in baseball, would trigger the opt-out — only for the Yankees to override it by exercising a $36MM option for 2029. Boras suggested as much in a chat with USA Today’s Bob Nightengale in December.

His status has at least been somewhat complicated by elbow inflammation that arose during Spring Training. Cole has spent the entire season on the 60-day injured list; he’ll begin a minor league rehab stint tonight. If he looks like his typical self in the second half, this’ll probably be an easy call for Cole and the Yankees alike. If he struggles or, more worryingly, battles any other elbow concerns, he’d need to more seriously consider hanging onto the final four years and $144MM on his record free agent deal.

• Nathan Eovaldi (35): Conditional $20MM option if Eovaldi reaches 156 innings pitched or based on Cy Young/All-Star results

Eovaldi’s $34MM deal with the Rangers contained a conditional option for 2025 that went into effect if he threw at least 300 innings in the first two seasons. He logged 144 frames a year ago, meaning he needed 156 this season. Eovaldi lost three weeks to a groin strain. He has made nine starts and thrown 50 innings so far, leaving him 106 shy of the vesting threshold. With another 18-20 turns through the rotation, it’s still doable, but any other injuries would essentially rule it out.

He could also kick in the option with a top-five finish in Cy Young balloting or a top seven Cy Young finish and an All-Star selection. While he’s pitching very well, the Cy Young provision only comes into play if he falls short of 156 innings. Placing that high without reaching 156 frames is a tall task.

Even if he were to vest the option, Eovaldi may well prefer to head back to free agency in search of a multi-year deal. While he’ll be 35, he still looks the part of an upper mid-rotation starter. Eovaldi has followed up a 3.63 ERA during his first season in Arlington with a 2.70 mark to this point. His fastball is sitting around 96 MPH and he has punched out more than 26% of opposing hitters with a ground-ball rate north of 50%. There’ll always be lingering durability questions given his age and two previous Tommy John surgeries, yet on talent, Eovaldi is one of the better pitchers who could be available.

• Wilmer Flores (33): $3.5MM player option; team can override by exercising an $8.5MM option if Flores declines his end

In September 2022, the Giants signed Flores to a $16.5MM extension. He has a $3.5MM option for next season; if he declines, the Giants could keep him around by picking up an $8.5MM salary. Flores had arguably the best year of his career in 2023, drilling a personal-high 23 homers with a .284/.355/.509 slash line. The pendulum has swung in the opposite direction this season. He has only one longball with a .207/.276/.283 mark in 163 trips to the plate. Flores’ strikeout and walk profile haven’t changed, but his contact quality has plummeted.

A full season of replacement level production would make it likely that Flores takes the $3.5MM salary. There’s still time for him to find his power stroke, though.

• Lucas Giolito (30): $19MM player option

Giolito is likely to take a $19MM salary from the Red Sox next year. The typically durable right-hander suffered a UCL injury during his second Spring Training appearance with Boston. He underwent an internal brace procedure and will miss the entire season. While he could be ready for the start of next season, he’d be hard-pressed to match a $19MM salary coming off the elbow procedure.

Opting in would trigger a conditional team/mutual option for the 2026 season, though. If Giolito doesn’t top 140 innings next year, the Sox would have a $14MM option (with a $1.5MM buyout) for ’26. Giolito would convert that to a $19MM mutual option by reaching the 140-inning plateau.

• Mitch Haniger (34): Can opt out of final year and $15.5MM on three-year guarantee

The Giants signed Haniger to a three-year, $43.5MM free agent deal two winters back. That allowed him to opt out of the final season’s $15.5MM salary. Haniger’s time in the Bay Area was a disappointment. A broken arm limited him to 61 games and he didn’t hit well when healthy. San Francisco dealt him back to the Mariners last offseason in a change-of-scenery swap involving Robbie Ray and Anthony DeSclafani.

Haniger is the only member of that trio who has played in 2024. (Ray is still recovering from Tommy John surgery, while DeSclafani was flipped to the Twins and ultimately required elbow surgery himself.) The veteran outfielder hasn’t hit in his return to the Pacific Northwest. He carries a .221/.282/.349 line with six homers and a strikeout rate approaching 28% in 213 plate appearances. He’s trending towards sticking around.

• Rhys Hoskins (32): Can opt out of final year and $18MM on two-year guarantee

Hoskins inked a two-year, $34MM deal with the Brewers after losing all of 2023 to an ACL tear. He landed in a favorable hitting environment in Milwaukee with a chance to prove he was back to his typical offensive form. Hoskins has done just that over the season’s first two months, connecting on 10 homers with a .243/.345/.486 line through 168 trips. He’s well on his way to opting out and would be one of the top offensive players in next year’s free agent class. The Brewers could make him a qualifying offer.

• Clayton Kershaw (37): $5MM+ player option

The Dodgers brought back the future Hall of Famer, who is rehabbing from an offseason shoulder procedure. His deal contains a 2025 player option with a $5MM base value and significant escalators. It’d jump to $7MM if he makes six starts this season, $3MM apiece for each of his seventh through ninth start, and another $4MM if he starts 10 games. Performance bonuses could push his 2025 salary as high as $25MM.

It’s likely Kershaw will exercise the option regardless of where the specific value winds up. He has been throwing but has yet to begin a rehab stint. A return relatively early in the season’s second half — which would give him a chance to get to 10 starts — is still in play.

• Sean Manaea (33): $13.5MM player option

Manaea opted out of a $12.5MM salary last winter and landed a two-year, $28MM pact from the Mets. He’s been a rare bright spot in a dismal season in Queens. Over 11 starts, the southpaw has tossed 57 innings of 3.63 ERA ball. He has a solid 23.2% strikeout rate behind an 11.2% swinging strike percentage. Manaea’s 9.9% walk rate is a personal high, but he’s looked the part of a decent mid-rotation starter.

If he continues at this pace, he’d likely forego next year’s $13.5MM salary and hit the market for a third straight winter. Manaea will be heading into his age-33 campaign and could look for a two- or three-year pact (potentially the final multi-year deal of his career). Even if wouldn’t dramatically improve on his annual salary, pitchers like Seth Lugo and Michael Wacha have gotten multi-year deals in their mid-30s for mid-rotation work.

• Nick Martinez (34): $12MM player option

Cincinnati guaranteed Martinez $26MM over two seasons — $14MM this year with a $12MM option for 2025. That investment made it appear the Reds would give him an extended look in the rotation. They’ve instead kept him in the swing role which he played for most of his time with the Padres. Martinez has started five of 13 games, posting a 4.20 ERA across 49 1/3 innings. He has a microscopic 0.76 ERA from the bullpen but has been rocked for a 7.36 mark out of the rotation.

On the surface, Martinez’s production doesn’t seem all that eye-catching. It’s not too dissimilar to Manaea’s work in a swing role with the Giants in 2023, though. Manaea turned in a 4.44 ERA while starting 10 of 37 games with San Francisco. He declined a $12.5MM player option and found a multi-year deal with a team willing to give him a rotation spot. Martinez (like Manaea, a Boras Corp. client) has opted out of multi-year commitments from San Diego in each of the last two offseasons. He’d probably do the same next winter if his performance doesn’t dramatically turn.

• Jordan Montgomery (32): Conditional $20MM option if Montgomery reaches 10 starts

Montgomery agreed to terms with the Diamondbacks just days before the start of the regular season. He landed a $25MM salary for this year and a conditional player option for 2025. The condition — making 10 MLB starts — would only not come into play if the southpaw suffered a significant injury. Montgomery is already two starts away from vesting the option. Its value would escalate to $25MM if he gets to 23 starts.

The 31-year-old certainly anticipated declining that option and trying his hand again in free agency. He’s been hit hard through his first eight starts in the desert, though. Montgomery has been tagged for a 5.48 earned run average across 44 1/3 innings. While he’s still showing good control, his strikeout rate has plummeted seven points to a poor 14.4% rate. His four-seam and sinker are each averaging less than 92 MPH after sitting around 93.5 MPH last season. Perhaps Montgomery is still shaking off rust related to his delayed start to the year, yet his early performance could make the option decision tougher than he expected.

• Emilio Pagán (34): $8MM player option ($250K buyout)

The Reds signed Pagán to a two-year, $16MM contract with the ability to collect a $250K buyout in lieu of an $8MM salary next season. It was an odd fit considering Cincinnati’s hitter-friendly home park and Pagán’s longstanding trouble with the longball. His first 21 appearances as a Red have been fine. He owns a 4.19 ERA across 19 1/3 innings. The righty has a customarily strong 30.5% strikeout rate against an 8.5% walk percentage. He has surrendered four homers.

Pagán, who is currently on the 15-day injured list with triceps tightness, has performed about as the Reds probably anticipated. This one can still go either way, but an $8MM salary for his age-34 season feels about right for his market value.

• Wandy Peralta (33): Can opt out of final three years and $12.65MM on four-year guarantee

The Padres surprisingly signed Peralta to a four-year deal as a means of reducing the contract’s luxury tax hit. The veteran southpaw has been effective, turning in a 2.66 ERA across 23 2/3 innings. Peralta doesn’t miss many bats, but he’s an excellent ground-ball specialist (55.6% this season, 53.1% for his career). Even though he’s pitching well, it’d be somewhat surprising to see him walk away from another three years and almost $13MM covering his age 33-35 seasons.

• Robbie Ray (33): Can opt out of final two years and $50MM on five-year guarantee

Ray’s five-year, $115MM contract with the Mariners allowed him to bypass the final two seasons valued at $25MM annually. Ray had a solid, if not overwhelming, first season in Seattle. His elbow gave out after one start in year two. Ray underwent Tommy John surgery in May 2023. The Mariners offloaded the final three years of his contract in the Haniger trade with the Giants.

The former AL Cy Young winner is targeting a return around the All-Star Break. He has been throwing from a mound and could head on a rehab stint in the coming days. Odds are against an opt-out right now, but a dominant second half could change the calculus.

• Hunter Renfroe (33): $7.5MM player option ($1MM buyout)

The Royals signed Renfroe to a surprisingly strong two-year, $13MM deal. The righty-hitting outfielder was coming off a middling .233/.297/.416 showing between the Angels and Reds a year ago. He has had a very rough start to his Kansas City tenure, hitting .178/.256/.309 with only four homers in 168 plate appearances. It’d take a major reversal in the season’s final few months for him to forego a $7.5MM salary.

• Blake Snell (32): $30MM player option

The Giants jumped in late on Chapman and even later to grab the defending NL Cy Young winner. Snell signed a two-year, $62MM guarantee two weeks before Opening Day. The hope for everyone involved was that he’d collect the first $32MM and pitch well enough to pass on next season’s $30MM option.

Snell’s first two months in the Bay Area couldn’t have gone much worse. He has battled groin issues throughout the season. Snell lost around a month with an adductor (groin) strain between April and May. He went back on the 15-day IL last night. He has taken the ball six times and been rocked for a 9.51 ERA over 23 2/3 innings. Needless to say, he’ll need a much better final four months to go back to free agency.

• Chris Stratton (34): $4.5MM player option ($500K buyout)

The Renfroe deal wasn’t the only surprising two-year pact with an opt-out that the Royals signed last winter. They signed Stratton, a generally solid middle reliever, to an $8MM deal containing a $4.5MM option for next season. The right-hander was coming off a 3.92 ERA performance across 82 2/3 innings out of the St. Louis and Texas bullpens.

He hasn’t been as effective for the Royals, allowing 5.76 earned runs per nine through 25 frames. Stratton’s strikeout rate is down a few points to 21.7%, but the much bigger issue is an uncharacteristic inability to find the zone. He has walked almost 16% of batters faced, more than doubling last season’s rate.

• Justin Verlander (42): Conditional $35MM option if Verlander reaches 140 innings pitched

Verlander would unlock a $35MM player option if he throws 140 innings this season. While he was delayed to start the year by shoulder discomfort, he has logged 52 innings in nine starts since his return. Barring another injury, he’ll throw more than 88 innings over the season’s final four months.

At 41, Verlander is still pitching well — a 3.63 ERA with a 22.2% strikeout rate — but he’s not operating at Cy Young form. If he continues at this pace all season, matching a $35MM salary on the open market is unlikely. Verlander seems comfortable in Houston and would probably prefer to stick with the Astros, though that may depend on whether the team plays better before the deadline. Verlander approved a trade from the Mets back to Houston last summer when it became clear that New York wasn’t going to be a legitimate World Series contender during his contract. At 27-34, the Astros need to turn things around quickly to put themselves in position for an eighth straight trip to the ALCS.

• Michael Wacha (33): $16MM player option

Wacha landed in Kansas City on a two-year commitment with matching $16MM salaries and the opportunity to head back to free agency after year one. The veteran righty is pitching well enough to make that a consideration. He owns a 4.24 ERA across 12 starts and 68 innings. That’s a run higher than his ERA of the past two seasons, but the general profile remains the same.

He throws strikes with slightly below-average whiff rates. He has thrown between 120-140 innings in each of the last three seasons and looks on his way to matching or surpassing that in 2024. Opting out in search of another two-year deal in the $30MM range is plausible.

It’s an unfortunate turn of events for the Royals, as the 32-year-old veteran has mostly looked good since signing with the club on a two-year, $32MM deal with the club back in December. While Wacha’s 4.24 ERA through 12 starts is actually slightly below the league average (97 ERA+), he’s posted solid peripheral numbers and been plagued by a below average strand rate of just 68.7%. While Wacha’s 19.8% strikeout rate is slightly down from his solid season with the Padres last year, he’s walked just 7.1% of batters faced while limiting hard contact very effectively. Opposing hitters have barreled up just 4.8% of their batted balls against Wacha, and his 24.9% hard contact rate is by far the lowest of his career. All that has left Wacha with not only a solid 3.62 FIP but also a 3.54 xERA.

Fortunately for the Royals, they’ve received more than strong enough production from the rest of their rotation to manage without Wacha while he’s unavailable. The club’s starters have collectively posted a 3.13 ERA entering play today, good for third in the majors behind only the Yankees and Phillies. Veteran right-hander Seth Lugo has been a revelation for the club at the front of the rotation in his first year with the club, with an incredible 1.72 ERA and a 3.22 FIP in 78 1/3 innings of work. Meanwhile, lefty Cole Ragans has continued to build on his strong debut with the Royals last year in 2024 as the club’s #2 starter while right-hander Brady Singer has rebounded to the form he flashed in 2022 as the staff ace. Rounding out the club’s rotation mix is Alec Marsh, who has posted solid mid-to-back of the rotation results on par with those of Wacha.

Joining that quartet in Wacha’s place is Lynch, who the club selected 34th overall in the 2018 draft. Lynch was once a consensus top-30 prospect in the entire sport but has generally struggled in parts of three seasons at the big league level, with a career 5.18 ERA and 4.79 FIP in 51 starts entering this year. He’s made just three appearances at the big league level for the Royals this season, posting a 1.50 ERA in 12 innings of work. Those strong results have come in spite of shaky peripherals; he’s struck out just 17.4% of batters faced in the majors this year while benefiting from a microscopic .152 BABIP. Nonetheless, he’ll attempt to keep that production going in the fifth starter spot for a Royals club that has enjoyed a surprisingly excellent season to this point as they’ve gone 35-25 to place themselves firmly in the second of three AL Wild Card spots, five games back of the Guardians for the AL Central lead.

Heasley, 27 in January, was a 13th-round pick of the Royals in 2018 but seemed to increase his stock with a strong 2021 campaign. That year, he tossed 105 1/3 innings in Double-A with a 3.33 earned run average, striking out 27.7% of batters faced while issuing walks at just a 7.9% clip. He was added to the Kansas City roster in mid-September and went into 2022 with a bit of helium. FanGraphs and Baseball America each ranked him the club’s #13 prospect for 2022.

He hasn’t found much success since then, however, serving as a frequently-optioned depth arm. In his 133 2/3 major league innings to this point, he has a 5.45 ERA and 14.5% strikeout rate. In 134 Triple-A innings over the past two years, he has a 6.11 ERA, though his 22.6% strikeout rate at that level is more encouraging. He still has an option so the O’s can continue to develop him without having to give Heasley a spot on the active roster. He has worked both as a starter and reliever in recent years, though it’s unclear if the O’s have a particular role in mind for him.

Espinal, 18, is not a prospect of note as of right now. He has 53 2/3 innings of minor league experience thus far, pitching in the Dominican Summer League in the past two years. He has a 4.02 ERA in that time, along with a 21.9% strikeout rate and 11% walk rate.

December 15: The Royals’ active offseason is continuing, as Kansas City has agreed to terms with free agent righty Michael Wacha, per a report from Robert Murray of FanSided. It’s a two-year, $32MM contract, ESPN’s Jeff Passan adds. The second season is a player option, so Wacha will have the opportunity to opt back into free agency next winter. The contract pays the CAA client an even $16MM in each season, per USA Today’s Bob Nightengale, and Anne Rogers of MLB.com tweets that Wacha can earn an additional $500K via incentives in each season of the deal.

It’s the second notable free-agent pickup of the day for the Royals, who also agreed to a two-year $13MM deal with Hunter Renfroe earlier this morning. Kansas City has also added righty Seth Lugo on a three-year, $45MM pact that contains an opt-out after the second season. Wacha and Lugo, who were teammates with the Padres in 2023, will join a Royals rotation that includes Cole Ragans, Brady Singer and Jordan Lyles. Depth options include Daniel Lynch, Kris Bubic (recovering from Tommy John surgery), Max Castillo, Alec Marsh and Jonathan Heasley, among others.

Wacha’s two-year, $32MM deal matches the exact terms of a two-year club option that the Padres declined earlier this offseason. The inclusion of an opt-out provision and some modest incentives makes this a stronger deal for the righty, however. Kansas City will be Wacha’s sixth team in six years, as his trips to free agency have routinely resulted in either a one-year pact (Mets, Rays, Red Sox) or a multi-year deal with options and/or opt-out opportunities (Padres).

Over the past two seasons, between the Red Sox and Padres, Wacha has posted a combined 3.27 ERA with a 21.3% strikeout rate, 6.9% walk rate and 37.7% ground-ball rate. Despite being more of a fly-ball pitcher, he’s allowed a manageable 1.14 homers per nine frames. Pitching his home games at the spacious Kauffman Stadium should help him continue to avoid the long ball at an acceptable rate despite his pronounced fly-ball tendencies.

In those two seasons, Wacha has changed up his pitch selection, reducing his reliance on a four-seamer while increasing the usage rates on his sinker and changeup. He threw both pitches at a career-high rate in 2022 and then set a new career-high in usage again in 2023. While the more frequent sinker usage hasn’t shown up in Wacha’s ground-ball rates, he’s posted improved batted-ball metrics; last year’s 88.1 mph average exit velocity and 35.4% hard-hit rate were both lower than the league averages of 89 mph and 39.2%, respectively. That’s helped Wacha to offset his slightly below-average strikeout rate.

The number of innings that the Royals can expect from Wacha is perhaps the biggest question mark surrounding him. Wacha has been placed on the injured list nine times in his big league career, with five of those IL placements stemming from shoulder troubles (including a six-week absence in the 2023 season). Wacha has also had IL stints for oblique, hamstring, knee and intercostal strains. While the shoulder is an obvious concern, Wacha did manage a solid 3.88 ERA in 48 2/3 innings after returning from this past season’s shoulder issue. He closed out the year with a pair of particularly impressive outings, tossing consecutive seven-inning gems (two total runs allowed on nine hits and two walks with 13 strikeouts).

With Wacha, Renfroe, Lugo, Will Smith, Chris Stratton and Garrett Hampson all signing major league deals in Kansas City this month, the Royals have committed $105MM in total free-agent dollars in a span of just over two weeks. It’s unlikely all of those dollars will end up being paid out, as each of Wacha, Renfroe, Stratton and Lugo received player options/opt-outs within their respective contracts. Still, it’s a hefty slate of investments by Kansas City’s standards — one that’s added an additional $47MM in payroll to the team’s 2024 roster (a net $45.75MM, when factoring in that Taylor Clarke and his $1.25MM salary were traded to the Brewers to make roster space for Lugo).

The relatively heavy investment in free-agent arms represents something of an acknowledgement from the Kansas City front office that its previous efforts to rebuild a homegrown rotation with a heavy focus on college arms in the draft simply hasn’t panned out. Singer, Lynch, Bubic, Marsh, Jackson Kowar and Asa Lacy were at one point focal components of the Royals’ hopes for the future, but only Singer remains locked into the rotation but is in need of a bounceback campaign after he was unable to carry his 2022 breakout into the 2023 season. Kowar was traded to the Braves for injured starter Kyle Wright (who’ll miss all of 2024). Lacy has yet to reach the Majors. Lynch and Marsh haven’t established themselves. Bubic showed some promise before tearing his left ulnar collateral ligament and undergoing Tommy John surgery.

Kansas City’s new-look rotation should represent a massive improvement over last year’s group, which pitched to a combined 5.12 ERA, ranking 27th in the big leagues. Gone from that mix are Brad Keller, Ryan Yarbrough and (at least for now) Zack Greinke. Other key names in 2023, Lynch most prominently, have been pushed down the depth chart. It’s not yet clear what lies ahead for the Royals and Greinke. The future Hall of Famer spent the past two seasons back with his original organization and at least ostensibly seemed poised to close out his career there. It’s possible the two parties still come to terms on another one-year pact, as Greinke is preparing to pitch in 2024, but that would likely push Lyles to the bullpen (or perhaps prompt the Royals to explore a potential trade of the veteran innings eater).

Royals general manager J.J. Picollo has said on multiple occasions this winter that he’s hoping to bolster his starting rotation, and he recently acknowledged that his club has at least $30MM to spend this offseason. The Royals aren’t likely to be serious players for top-of-the-market arms like Yoshinobu Yamamoto and Blake Snell, but the list of names to which they’ve already been tied suggests they’re quite active in the second and third tiers of the market for starting pitching help.

Both Wacha and Flaherty figure to be in the Royals’ price range, landing annual values that fall well shy of that rough $30MM annual rate. Wacha’s two-year, $32MM club option was bought out by the Padres at season’s end, but after posting consecutive seasons with 125-plus innings and ERAs of 3.32 and 3.22, he has a case for a three-year pact — albeit perhaps at a lesser rate than the $16MM which San Diego declined to pay (or pick up and attempt to trade him at).

Over the past two seasons, between the Red Sox and Padres, Wacha has posted a combined 3.27 ERA with a 21.3% strikeout rate, 6.9% walk rate and 37.7% ground-ball rate. Despite being more of a fly-ball pitcher, he’s allowed a manageable 1.14 homers per nine frames. His 88.1 mph average exit velocity and 35.4% hard-hit rate are both a bit lower than this past season’s leaguewide averages (89 mph, 39.2%), which helps to mitigate the impact of a below-average strikeout rate. Wacha has dramatically reduced his reliance on a four-seam fastball over the past two seasons. He’s steadily increased his usage of a sinker and changeup in that time, posting new career-high usage rates for each pitch in both 2022 and 2023.

The broader question with Wacha is one of durability. He’s been placed on the injured list nine times in his MLB career — five of them due to right shoulder issues. Wacha landed on the IL with a stress reaction in his shoulder back in 2014, and he’s since had shoulder-related IL trips in 2016, 2020, 2022 and 2023. He’s also missed time with one-off oblique, hamstring, knee and intercostal injuries. Most recently, he missed six weeks of the 2023 summer with shoulder inflammation. However, he also posted a 3.88 ERA in 48 2/3 innings after returning and closed out the year with consecutive seven-inning gems (two total runs allowed on nine hits and two walks with 13 strikeouts).

Turning to Wacha’s former Cardinals teammate, Flaherty isn’t that far removed from looking the part of a blossoming ace. A first-round pick and top prospect before his big league debut, the right-hander logged a 3.34 ERA through 151 innings during his first full MLB campaign back in 2018. He was even better in 2019, tossing a career-best 196 1/3 innings with a brilliant 2.75 earned run average, excellent 29.9% strikeout rate and lower-than-average 7.1% walk rate. Unfortunately, he battled shoulder troubles of his own while pitching just 154 1/3 innings combined from 2020-2022.

This past season, Flaherty split the year between the Cardinals and Orioles, enjoying his healthiest year since 2019 but also displaying rather pedestrian results. Flaherty’s 4.99 ERA stands as an obvious eyesore, and his 22.8% strikeout rate was more or less in line with the league average. His 10.6% walk rate was a good bit worse than average. His fastball, which averaged 94.5 mph in that brilliant 2019 season, sat at 93.2 mph in 2023.

It obviously wasn’t Flaherty’s best work, but even with the downturn in results and durability concerns, there’s reason to believe he could yet command a multi-year deal. Flaherty only turned 28 in October, and a team might view him as a prime-aged rebound candidate who could pitch near the top of a rotation in a best-case scenario. He’d be an upside play based more on his prior heights than his 2023 output, but even if things don’t pan out, a two- or three-year deal likely wouldn’t break the bank.

Recent three-year deals for pitchers in this tier have generally landed around $12-13MM per season (e.g. Anthony DeSclafani, Yusei Kikuchi, Zach Eflin). It’s similarly feasible that Flaherty might just prefer a one-year deal that’d allow him to return to market next winter — although he could also get there via an opt-out. There are various contractual forms he can and likely is considering, but he’s unlikely to be prohibitively expensive in any of those scenarios, given Picollo’s prior comments regarding the team’s payroll flexibility.

Kansas City’s rotation currently projects to include Cole Ragans, Brady Singer and veteran innings eater Jordan Lyles. Candidates for the final two spots include Daniel Lynch, Jonathan Heasley, Angel Zerpa, Alec Marsh and Max Castillo, among others, but the Royals are hoping to add at least one, if not two veteran arms to supplement the bunch.

The decisions of Lugo and Martinez were previously reported, as was the news on Carpenter. As for Wacha, it was reported on the weekend that the club was declining a two-year option to retain him for 2024-25. Wacha then had the opportunity to trigger a $6.5MM player option for 2024 but has now turned that down.

Wacha signed a four-year deal with the Padres, though one with a convoluted structure. The club would first have to decide on a two-year, $32MM option for the 2024-25 seasons, which they declined. Wacha then had three straight player options which could have paid him $6.5MM in 2024 and then $6MM in the following two seasons. But he has now turned that down, leaving three years and $18.5MM on the table in search of a new deal.

Although he was largely injured and/or ineffective for much of the 2018 to 2021 period, Wacha has now had two straight solid seasons. He posted a 3.32 ERA with the Red Sox in 2022 and a 3.22 mark in his first season in San Diego. Injuries still limited his total volume of work, as he logged 127 1/3 innings for the Sox and 134 1/3 for the Friars, but the combination of workload and effectiveness was nonetheless the best form he’s showed in years.

He’ll now head back to free agency in search of his next deal. The starting pitching market is headlined by guys like Snell, Yoshinobu Yamamoto, Aaron Nola and Jordan Montgomery but Wacha will be somewhere in the tie of solid mid-rotation or back-end guys, alongside Lugo, Jack Flaherty and Mike Clevinger.

The fact that Snell and Hader received $20.325MM qualifying offers is no surprise. The two of them are going to be some of the top available free agents this winter, making them a lock to reject them, something recently highlighted by MLBTR. Snell posted a 2.25 earned run average in 2023 and could receive the second Cy Young Award of his career in the coming days. Hader has long been one of the most dominant relievers in the league and had a 1.28 ERA in the season that just ended. Both should be able to receive nine-figure contracts even with a QO attached.

Any impending free agent can receive a qualifying offer as long as they spent the entire season with just one club and haven’t received a QO before. If Hader and/or Snell sign with other clubs after rejecting the QO, the Padres will receive draft pick compensation.

The departures of Wacha, Snell, Lugo and Martinez will leave the Padres fairly short-handed in their rotation. They still have Yu Darvish and Joe Musgrove but they are followed on the depth chart by unproven options like Matt Waldron, Jay Groome, Adrián Morejón and Pedro Avila. They will presumably be looking to add to that group but will have to do so while juggling significant financial concerns.

Hernandez, 29 next month, was just added to the roster in September. He made two appearances, allowing four earned runs in three innings, giving him a career ERA of 12.00 in that tiny sample. He threw 61 innings in the minors in 2023, split between Double-A and Triple-A, with a 3.84 ERA, 32.7% strikeout rate and 8.4% walk rate. Any of the 29 other clubs could have added him to their roster today but decided to pass.

Estrada, 25, made 17 appearances for the Cubs over the past two seasons with a 5.51 ERA in that time. His 25.9% strikeout rate is a bit above average but his 18.5% walk rate is concerning. That’s generally been a pattern in the minor leagues as well, with Estrada striking out 31.2% of hitters at Triple-A in 2023 but walking 18.8%. He is still optionable next year, so the Padres will add some pitching depth that comes with roster flexibility, while they will presumably try to help Estrada improve his control going forward.

Image courtesy of USA Today Sports.

Wacha first signed with the Padres this past offseason on a four-year, $26MM guarantee, though it now appears likely that deal will wind up being for just one year and $7.5MM. At the time, the 32-year-old righty was coming off his best season in several years after posting a 3.32 ERA and 4.14 FIP across 23 starts with the Red Sox in 2022. Though at the time it was easy to wonder if Wacha would regress back to the 4.62 ERA he had posted from 2016-2021, he managed to build upon his 2022 with an even stronger 2023 season. In 24 starts (134 1/3 innings), Wacha posted a 3.22 ERA that was 27% better than league average by ERA+ with a 3.89 FIP and a 22.4% strikeout rate.

Given that improvement, it’s something of a surprise that the club would decline to retain Wacha on what would have effectively been a two-year, $32MM pact, particularly with both Seth Lugo and Nick Martinez now slated to join Blake Snell in departing San Diego for the open market. Indeed, a poll of MLBTR readers revealed that nearly 44% of respondents expected the Padres to pick up Wacha’s options, a total that edges out the 39% of respondents who suggested that Wacha would return to the open market this offseason.

Of course, it’s necessary to consider the financial component of the move. After all, the Padres seem to be facing budgetary issues this offseason that could require them to pare payroll down to around $200MM. The departures of Lugo and Martinez, along with the club’s decision to decline Wacha’s option, have cut the club’s payroll for 2024 to just over $197MM, per RosterResource. Should Wacha decline his option as expected, that would drop the figure to just under $191MM.

That could allow the club to avoid more drastic changes to cut payroll, such as a possible trade of star left fielder Juan Soto. Of course, a payroll of $200MM would allow them just $9MM of room in the budget to replace three of the club’s regular rotation members and their top depth option for the starting staff, to say nothing of the loss of closer Josh Hader or potential upgrades to the lineup. If the Padres hope to patch the holes in their pitching staff and fine-tune their position player group, it seems reasonable to expect additional moves to trim the club’s payroll.

As for Wacha, he appears poised to join a free agent market that’s particular deep in starting pitching options. While he won’t compete at the top of the market alongside the likes of Yoshinobu Yamamoto, Snell, and Aaron Nola, Wacha will add another interesting mid-rotation option to a group that already includes the likes of Lugo, James Paxton, Marcus Stroman, Lucas Giolito and Eduardo Rodriguez in the event that he decides to decline his player option and test the open market.

A player is eligible for a qualifying offer if they have never received a QO before and spent the entire season with the same club. The value of the QO changes annually, calculated by taking the average salary of the 125 highest-paid players in the league. That means it generally rises as salaries increase over time, with this year’s QO expected to land around $20.5MM. If a player receives and rejects a qualifying offer, he becomes a free agent. If he then signs elsewhere, the signing team is subject to draft pick forfeiture and possibly other penalties, while their previous club receives draft pick compensation.

MLBTR is taking a look at the candidates, with one post focusing on the position players and this one looking at the pitchers.

No-Doubters

• Sonny Gray (Twins)
• Josh Hader (Padres)
• Aaron Nola (Phillies)
• Shohei Ohtani (Angels)
• Blake Snell (Padres)

These five are slam dunks to receive and reject the qualifying offer. Ohtani won’t pitch in 2024 after undergoing elbow surgery, but he is still expected to hit and will perhaps return to the mound in 2025. As one of the best hitters in baseball and the potential for two-way contributions down the road, he’s in line for a record-setting contract. Nola is coming off a down season relative to his own standards but has an excellent track record that will put him in line for a nine-figure deal even with the QO attached. Gray’s total earning power will be capped somewhat by the fact that he turns 34 in a week but his excellent work in 2023 should be able to get him a new deal around $20MM per year over multiple seasons. Snell just wrapped up an excellent campaign, finishing with a 2.25 ERA that could see him net a second career Cy Young award. That sets him up for a huge payday even after rejecting the QO. Hader has been one of the best relievers in the game for a long time and could challenge Edwin Díaz for the biggest contract ever for a reliever.

Special Case

• Clayton Kershaw (Dodgers)

Kershaw has been eligible for a qualifying offer in each of the past two offseasons but didn’t receive one. That wasn’t a reflection of his performance but a sign of respect. In each case, Kershaw went into the winter not knowing if he wanted to come back to the Dodgers, jump to his hometown Rangers or retire. The Dodgers decided both times not to issue him the QO so that he wouldn’t have to make a rushed decision at the beginning of the offseason. Since Kershaw is once again undecided on his future, it seems fair to expect that the Dodgers will decline to extend the QO, though Kershaw would warrant one in a vacuum.

Possible Candidates

• Seth Lugo (Padres)

Lugo spent most of his career working out of the bullpen but hit free agency a year ago and drew plenty of interest as a starter. The Padres eventually brought him aboard via a two-year deal with a $15MM guarantee and incentives, as well as an opt-out after the first season.

The righty made the most of the opportunity, making 26 starts and logging 146 1/3 innings with a 3.57 earned run average. He stuck out 23.2% of batters faced, walked 6% and kept the ball on the ground at a 45.2% clip. There were some concerns about Lugo’s ability to hold up over a full season, both since he hadn’t had that kind of workload before and because he had a slight tear of his UCL in 2017 that wasn’t surgically addressed. But in 2023, Lugo made just one trip to the injured list, missing just over a month due to a calf strain.

Now that Lugo has proof of concept as a starter, he should have greater earning power than he did a year ago, even though he’s about to turn 34. Turning down the one year and $7.5MM left on his deal should be an easy call, but then the Padres will have a more difficult choice. It would be hard for Lugo to turn down a 2024 salary more than twice what he made in the prior season, so there would be a decent chance he accepts a QO. With the club reportedly looking to cut payroll, they may not want to take that chance.

• Kenta Maeda (Twins)

Maeda has had his ups and downs in recent years but is heading into free agency with some momentum. He posted a 2.70 ERA in 2020 but then that figure jumped to 4.66 in 2021 before he underwent internal brace surgery on his elbow. He missed all of 2022 and then struggled early in 2023. In his fourth start of the season, he was shelled by the Yankees, allowing 10 earned runs in three innings. He was then placed on the injured list with a triceps strain while sporting an ERA of 9.00 for the year.

But after getting healthy, his results were much better. He was activated from the IL in late June and made 17 more appearances the rest of the way. He tossed 88 1/3 innings with a 3.36 ERA, 29% strikeout rate and 7% walk rate. Though his ERA for the whole year finished at 4.23, it seems fair to conclude that the early-season injury inflated that number.

The righty has never had a massive salary locked in. When he initially came over from Japan, the Dodgers signed him to an incentive-laden deal that guaranteed him $25MM over eight years. That came in the form of a $1MM signing bonus, $3MM salary each year and $6.5MM in incentives available each season based on games started and innings pitched. If he suddenly had a $20.5MM guarantee in front of him for his age-36 season, that would likely be very tempting.

The Twins aren’t one of the top payroll teams under normal circumstances and may need to cut back spending due to uncertainty around their TV revenues. They may not want to blow a huge chunk of their budget right at the beginning of the offseason, especially when their rotation is already in decent shape with Pablo López, Joe Ryan, Bailey Ober, Chris Paddack and Louie Varland currently pencilled in.

• Michael Wacha (Padres)

Wacha had some strong seasons earlier in his career with the Cardinals, but injuries became an issue more recently. He settled for a $3MM guarantee while joining the Mets for 2020, then was limited to 34 mediocre innings in the shortened season. The Rays took a shot on him in 2021 with another $3MM guarantee and he stayed healthy enough to log 124 2/3 innings with a 5.05 ERA. That relatively healthy campaign was enough to get him a one-year, $7MM deal with the Red Sox for 2022, and he then tossed 127 1/3 innings for that club with a 3.23 ERA.

He lingered on the open market for a while last offseason but eventually landed a four-year, $26MM guarantee from the Padres with a layered option structure. After the 2023 World Series, the Friars will have to decide whether or not to trigger two $16MM club options for 2024 and 2025, effectively a two-year, $32MM deal. If they decline, Wacha has a $6.5MM player option for 2024 and then $6MM player options for 2025 and 2026.

The righty is coming off another decent season. Though his shoulder landed him on the IL this year, just as it had in 2022 and 2020, he was able to make 24 starts and throw 134 1/3 innings with a 3.22 ERA. His 22.4% strikeout rate and 7.8% walk rate were both close to league average, though he may have benefitted from a .266 batting average on balls in play and 79.7% strand rate. His 3.89 FIP and 4.43 SIERA suggest his ERA might not be wholly sustainable.

As mentioned in the Lugo section above, the Padres are facing a budget crunch. Though they are likely pleased with Wacha’s results in 2023, would they want to give him a pay raise by triggering that option? If they pass on that, Wacha would likely turn down his player option and return to free agency. He would be eligible for a qualifying offer at that point, which would be a higher salary than the club option but on a shorter commitment. The Padres effectively have to decide between 1/20 or 2/32 or simply letting Wacha walk.

Long Shot

• Frankie Montas (Yankees)

Some fans of the Yankees might shudder at the thought of the club bringing back Montas at a higher salary, but it’s not a completely crazy idea. Though he was hurt or ineffective from the moment he donned pinstripes, he’s not too far removed from some strong results. From 2019 to 2021, he posted an ERA of 3.51 over 336 innings pitched. In that time, he struck out 26.3% of batters faced, issued walks at a 7.3% clip and kept 43.7% of batted balls on the ground. Among pitchers with at least 300 innings pitched in that time, that ERA ranked him 21st in the majors. Even in 2022, prior to the infamous trade, he was still quite good. He registered an ERA of 3.18 in his 19 starts for the A’s that year.

Players returning from injury absences can often still find themselves big salaries on short-term deals. Noah Syndergaard got one year and $21MM from the Angels after missing most of 2020 and 2021 rehabbing from Tommy John surgery. Corey Kluber got $11MM from the Yankees even though he was 35 years old and made just eight appearances over the two previous campaigns. James Paxton got $10MM from the Red Sox under similar circumstances.

The Yankees have a couple of long-term contracts in their rotation with Gerrit Cole and Carlos Rodón. The latter hasn’t worked out well so far, with Rodón injured for much of 2023. The club needs rotation reinforcements with Michael King, Clarke Schmidt and Nestor Cortes pencilled into the back end, each of whom comes with some question marks. They could add another marquee free agent, but maybe they’d prefer to take a short-term flier on a player they have obviously liked for a long time, giving up four prospects to acquire him and Lou Trivino just over a year ago. They then agreed to a $7.5MM arbitration salary for 2023 even as questions about his shoulder lingered.

Though there’s an argument for the possibility, it ultimately seems like the odds are against this happening. The Montas trade has gone so poorly, both from an on-field perspective and a PR one, that it’s hard to envision the club doubling down. If Montas doesn’t receive the QO, he will likely be fielding one-year offers slightly below the $20.5MM salary range.

Ineligible

• Jack Flaherty (Orioles)
• Lucas Giolito (Guardians)
• Shota Imanaga (Yokohama DeNA BayStars, NPB)
• Jordan Montgomery (Rangers)
• Eduardo Rodriguez (Tigers)
• Marcus Stroman (Cubs)
• Yoshinobu Yamamoto (Orix Buffaloes, NPB)

As mentioned up top, players are only eligible to receive the qualifying offer if they haven’t received one previously and also spent the entire year with just one MLB club. Rodriguez and Stroman, who can each opt out of their respective contracts, have each been issued a QO earlier in their career. Flaherty, Giolito and Montgomery were all traded midseason, which makes them ineligible as well. Players coming from other leagues aren’t eligible either, so Yamamoto and Imanaga won’t have the QO in play. For each of these pitchers, the lack of a QO helps their earning power since clubs won’t have to forfeit any draft picks to sign them.

Wacha was guaranteed $7.5MM for this season between his salary and a signing bonus. (He subsequently earned an additional $500K for starting 20 games.) This winter, the Padres will have to decide whether to trigger successive $16MM options — essentially a two-year, $32MM pact. If the Friars decline, Wacha would have a $6.5MM player option for next season (with two additional $6MM player options thereafter). If neither side exercises its end of the option, he’d return to free agency.

The 32-year-old’s production is quite similar to last year’s work. After posting a 3.32 ERA in 23 starts for the Red Sox a year ago, he’s allowed 3.44 earned runs per nine over 22 appearances this season. As was the case last season, estimators like FIP (4.02) and SIERA (4.49) are less enthused than his ERA would suggest. That reflects fine but unexceptional strikeout and walk marks. Wacha’s 22.2% strikeout percentage and 8.2% walk rate are right in line with the respective 22.1% and 7.9% league averages for starting pitchers.

Last season, Wacha had slightly lower than average strikeout and walk figures. His fastball speed has dipped from 93 MPH to 91.8 MPH, though he’s compensated by leaning a little more on his cutter and changeup. His overall swinging-strike rate is up one percentage point.

Those are minor changes. In aggregate, Wacha looks largely the same as he did a season ago. The market didn’t seem to materialize the way he’d anticipated last winter, leading to his extended free agent stay. It’s possible teams are more inclined to buy into Wacha’s stronger bottom line results after a second sub-3.50 ERA showing, though his production has tailed off down the stretch.

He carried a 2.84 ERA over 85 2/3 innings into the All-Star Break. He’s allowing just under five earned runs per nine in 34 2/3 frames in the second half. Wacha’s strikeout and ground-ball rates have improved as the season has gone on, but he has paired that with a few more walks of late. His production also tailed off in the second half of the 2022 campaign, when he posted a 4.11 ERA after running a 2.69 mark through the break.

The Padres’ call on a two-year, $32MM option looks as if it could go either way. There were a handful of veteran pitchers who signed in that range last winter. Nathan Eovaldi got $34MM over two seasons from the Rangers, who also surrendered a draft choice after he declined a qualifying offer. Eovaldi had pitched to a 3.80 ERA over 291 2/3 innings in the preceding two seasons but had superior strikeout and walk marks to Wacha.

The Giants inked Ross Stripling and Sean Manaea to matching two-year, $25MM guarantees with an opt-out after the first season. Stripling is perhaps the closest comparison point to Wacha, as he was coming off a 3.01 ERA in his platform season despite a modest 20.7% strikeout rate. As with Wacha, Stripling’s career track record has been inconsistent. Manaea was more of a rebound flier, as he’d had a dismal second half preceding his free agent trip.

José Quintana (two years, $26MM) and Tyler Anderson (three years, $39MM after rejecting a qualifying offer) each had a sub-3.00 ERA in their platform seasons. Both had mixed results in the few years leading up to 2022 and were older than Wacha is now. They each showed strong command last season with roughly average swing-and-miss rates and low-90s velocity.

Wacha fits in that category of back-end starter, which generally received around $12-13MM annually over two or three years last winter. Wacha’s $16MM club options are a bit above that, but the player option values are well below it. If the Padres decline their end, Wacha is very likely to opt out and test free agency. He at least shouldn’t have any issue topping the respective $17MM and $19MM two-year guarantees secured by Jordan Lyles and Drew Smyly last offseason.

The Padres are one of the league’s higher-spending franchises and already facing ample uncertainty in their rotation. Blake Snell is going to be a free agent. Seth Lugo is almost certainly going to decline a player option and test the market. Joe Musgrove and Yu Darvish are the only veteran starters guaranteed to be in next year’s rotation; both ended this season on the injured list. Nick Martinez could opt out of his own deal if the Friars decline a two-year, $32MM extension.

None of the other pitchers to log any kind of rotation time for San Diego are clear answers. Ryan Weathers was traded away at the deadline. Rich Hill has been knocked around and seems likely to sign elsewhere as a free agent. Pedro Avila and Matt Waldron have ERA’s around 6.00 when working as starters. If the Padres don’t retain Wacha, they’ll likely need to add one or two similar pitchers in free agency or trade.

Is it worthwhile for the Padres to preserve some stability by locking Wacha back in at the start of the offseason, even if the annual salary is a bit beyond what he’d likely receive on the open market? Would they be better served preserving that flexibility going into the winter as they sort through other rotation possibilities?

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Image courtesy of USA Today Sports.

Cruz, 43, has long been one of the most feared sluggers in the league but has struggled over the past couple of years. In 2021, he was hitting .294/.370/.537 for the Twins with a 142 wRC+ when they flipped him to the Rays. That deal worked out very well for the Twins but Cruz slumped after switching jerseys, hitting just .226/.283/.442, 95 wRC+. He then signed with the Nats for 2022 but hit just .234/.313/.337 for a wRC+ of 85.

As last season was winding down, he underwent surgery to address some inflammation in his eye, which he said was impacting his ability to pick up spin on the ball. The Padres took a gamble on a bounceback from Cruz, giving him a $1MM guarantee on a one-year deal. Unfortunately, that hasn’t come to pass, with Cruz hitting just .245/.283/.399 thus far for a wRC+ of 85. He’s striking out at a 30.3% rate and walking just 3.9% of the time, both of those marks easily the worst of his career.

He’s essentially just a designated hitter at this point in his career, having not played the outfield since 2018 and logging just one inning at first base this year. That makes it especially important that he produce at the plate, something he hasn’t been able to do for a couple of years now.

The Padres will now have one week to trade Cruz or pass him through waivers. It’s possible that some club is intrigued based on his past production and modest salary, though that remains to be seen. As a veteran with more than five years of service time, he would have the right to reject an outright assignment in the event he clears waivers while retaining his salary. That means he’s likely to end up released if the Friars can’t find a trade partner in the coming days.

As for Wacha, his shoulder has been an ongoing minor issue. His start on June 24 was skipped due to fatigue in that shoulder, though he did later take the ball on July 1 and toss five innings. Manager Bob Melvin tells AJ Cassavell of MLB.com that the club is trying to use next week’s All-Star break to give him a chance to fully heal up. He has a 2.84 ERA through 15 starts this year, so the team will surely be hoping that a little breather is all he needs to get back on track.

JUNE 23: The Padres will promote knuckleballer Matt Waldron to start tomorrow night’s game against the Nationals, the club informed reporters (including Jeff Sanders of the San Diego Union-Tribune). He’s not on the 40-man roster but San Diego has an opening after designating Nabil Crismatt for assignment on Tuesday. Michael Wacha had been slated to start the game. The Friars are skipping his outing due to some shoulder fatigue, tweets AJ Cassavell of MLB.com.

Waldron, a 26-year-old righty, entered the professional ranks as an 18th-round pick of the Indians back in 2019. Cleveland traded him to San Diego after the 2020 season as the player to be named later in the Mike Clevinger/Josh Naylor, Cal Quantrill blockbuster.

The University of Nebraska product has slowly progressed up the minor league ranks over the two and a half years since then. He reached Triple-A El Paso midway through last season and has spent all of 2023 there. He has a 7.02 ERA over 66 2/3 innings this year, starting 12 of 14 appearances.

That’s obviously not a strong run prevention mark, even in the context of the brutal Pacific Coast League setting for pitchers. Waldron ranks 27th among 38 PCL hurlers (minimum 40 innings) in ERA. He’s seventh among that group in strikeout rate, however, fanning just under a quarter of opponents. He has kept his walks to a manageable 7.8% clip, with the inflated ERA largely attributable to a batting average on balls in play just shy of .400.

It’s unclear if Waldron will get more than one start in his initial MLB look. Even if it’s a one-off appearance for now, it’ll mark both a major personal achievement and a win for fans of the knuckleball.

According to Statcast, there hasn’t been a single knuckleball thrown in the major leagues (outside of a few scattered eephus pitches from position players in mop-up duty) in either of the last two seasons. Mickey Jannis made one relief appearance for the Orioles in 2021; the last knuckleballer to pitch more than twice was Steven Wright back in 2019.

Losing Suter to the IL is another blow to the injury-riddled Rockies, but the particular timing of the oblique problem adds some doubt to the southpaw’s value as a trade chip.  Suter is a free agent after the season, and thus a logical player for the Rockies to shop in what looks like another non-contending season for the club.  While oblique injuries can vary greatly in severity, it appears that Suter’s issue is relatively minor, as he told MLB.com that he was still feeling good and was planning to continue playing catch.

More from around the NL West…

• Knuckleballer Matt Waldron will start today’s game for the Padres, as Michael Wacha (the original scheduled starter) will skip a turn in the rotation due to some shoulder fatigue.  Manager Bob Melvin described the move as “proactive,” telling the San Diego Union-Tribune’s Jeff Sanders and other reporters that Wacha has “got a little bit of history there with the shoulder.  He’s been as good as any pitcher in the National League so this is something we don’t want to push.”  Wacha has missed some time with shoulder issues in three of the last four seasons but not any truly significant time, making this seemingly more of a nagging injury than a top-tier concern.  Wacha has a 2.90 ERA over 80 2/3 innings for San Diego this season, with a 1.7 fWAR that leads all Padres pitchers.  Despite a below-average strikeout rate, Wacha has relied on soft contact and good control to achieve that ERA, and both his changeup and (due to some batted-ball luck) four-seamer have been premium pitches.
• Emmet Sheehan’s MLB career is off to a tremendous start, as the Dodgers prospect has a 1.50 ERA over his first 12 innings in the Show.  Sheehan held the Astros to two runs over six frames in yesterday’s 3-2 Los Angeles victory, earning his first big league win in the process.  Unsurprisingly, this success has earned Sheehan a continued look, as Dodgers manager Dave Roberts told reporters (including The Athletic’s Fabian Ardaya) that Sheehan will get another start next week.  Julio Urias, Noah Syndergaard, and Dustin May are all on the IL, and while Urias might be back within a week or so, L.A. has had to rely on younger arms to join Clayton Kershaw and Tony Gonsolin in the rotation.  Sheehan and Bobby Miller have done well to pick up the slack, while Michael Grove has been less consistent.  Roberts said that Grove will work as a bulk pitcher behind an opener on Wednesday, when the Dodgers play the Rockies.