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Latest On Carlos Correa, Xander Bogaerts

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Shortstop Carlos Correa is one of the top free agent available and he is unsurprisingly drawing plenty of interest. Jon Heyman of The New York Post reports that eight teams are interested in his services, but the Twins are expected to “go hard” in their attempts to retain him.

Heyman doesn’t mention any teams by name other than the Twins, who are already known to be making a concerted effort to keep Correa in Minnesota. It was reported earlier this week that they have made multiple offers to him, with varying lengths between six and ten years, presumably with higher salaries on the shorter deals and lower salaries on the longer deals. In addition to the Twins, Correa has already been publicly linked in some way to the Giants, Dodgers and Cubs. Since Heyman says eight teams are involved, it appears there are four “mystery teams” at the table.

As to who those mystery teams are, we can only guess, though there would be some logical fits. Mariners’ president of baseball operations Jerry Dipoto has said the club is planning to pursue shortstops to play second base in deference to J.P. Crawford. The Phillies are known to be looking for a shortstop this winter. The Braves will need to replace Dansby Swanson if they can’t re-sign him but they might not have the financial ability to go after Correa. The Orioles have been speculated as a fit given that general manager Mike Elias was working for the Astros when Correa was drafted and developed, though they don’t have a track record that would suggest they’d give out the type of contract it would require to land him.

One surprising team that could be in the mix is the Padres. Heyman doesn’t directly connect the club to Correa but he does say they are considering the free agent shortstops. The Padres have been extremely aggressive in recent years and president of baseball operations A.J. Preller shouldn’t really be counted out on anyone, but it’s still unexpected to see the club connected to this market. The Friars got by without Fernando Tatis Jr. in 2022, who missed the first half of the season due to a wrist injury and the second half due to a suspension for a positive test for performance-enhancing drugs.

In his absence, Ha-Seong Kim stepped up and had an excellent season. He hit .251/.325/.383 for a wRC+ of 105 while stealing 12 bases and providing excellent defense. All of Defensive Runs Saved, Ultimate Zone Rating and Outs Above Average gave him positive grades, allowing him to produce 3.7 wins above replacement, according to FanGraphs. With Tatis set to return in 2023 once he serves the final 20 games of his suspension, it would seem the position is already crowded enough as it is. However, Heyman’s report indicates the club is open to the idea of moving Tatis to the outfield, something he’s dabbled with in the past, while bumping Kim into a utility role.

It had been previously reported that the club was considering an alignment of Kim at short, Tatis at second and Jake Cronenworth at first. It seems that this new plan would be somewhat similar but with Tatis going to the outfield, perhaps replacing Jurickson Profar, who is now a free agent, in left. Regardless of how it would eventually play out, Heyman lists Xander Bogaerts as their preferred option for this plan. Marino Pepén also connects the Padres to Bogaerts, though he says they are behind the Phillies and the Red Sox in the bidding.

Payroll might be a factor for the Friars, as Roster Resource currently pegs their payroll at $210MM and their competitive balance tax number at $230MM, just under the first CBT threshold of $233MM. The club has nudged over the CBT line in the past two years, but signing a marquee shortstop would surely mean blowing past the first threshold and flirting with the second, which is $253MM. As a third-time payor, the Padres are already facing a 50% tax on all spending over the first the first threshold plus a 12% surcharge on spending over the second. That means every dollar they go over $253MM would be taxed at a 62% rate. The club has continually surprised onlookers with their aggression in recent seasons, meaning it shouldn’t be completely ruled out. But it would be quite a noteworthy escalation, especially with the club connected to other big free agents like José Abreu and Kodai Senga.

As for the Giants, who have been connected to the free agent shortstops for some time, they will have to answer the Brandon Crawford question if they succeed in signing a new shortstop. He’s been with the club since being drafted back in 2008 and has been a mainstay at shortstop for them since 2011. He turns 36 in January, has one year remaining on his extension and is coming off a down year in 2022. He made multiple trips to the injured list and posted a batting line of .231/.308/.344, wRC+ of 87. DRS and UZR were down on his work in the field, but he did earn 7 OAA.

As to how the club would handle a new shortstop with Crawford on the roster, it seems that it would depend who the shortstop is. According to Susan Slusser of the San Francisco Chronicle, Crawford would move to third base if they signed Correa, but Trea Turner or Dansby Swanson would be installed at second base. That’s likely a reflection of the fact that Turner and Swanson have lesser throwing arms than the other two. According to the Statcast arm strength leaderboard among shortstops, Swanson comes 48th out of 50 while Turner is 26th. Crawford is a bit higher at 19 while Correa is at #6. Correa’s excellent arm strength arguably makes him a fit for third base, but his overall defense is superior to Crawford’s at this stage of their careers. Regardless of how sensible the arguments may be, it’s at least a bit surprising that the Giants are apparently willing to supplant Crawford at shortstop under the right conditions.

Twins Have Reportedly Made Multiple Offers To Carlos Correa

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Arguably the biggest question for the Twins this offseason is how they’ll address shortstop. Minnesota’s shocking Spring Training signing of Carlos Correa solved the position for the 2022 campaign, but it’s again up in the air after the two-time All-Star opted out of the final two years on his contract.

That Correa’s now back on the open market puts Minnesota in competition with the league for his services. Twins ownership and the front office has spoken about their desire to bring him back, although they’re up against traditionally bigger spenders. Unlike last offseason, when the former first overall pick settled for a three-year guarantee to secure the highest per-year salary for a free agent position player in MLB history, he’s expected to command a long-term deal this winter.

During a recent appearance on the Talk North podcast, LaVelle E. Neal III of the Minneapolis Star-Tribune suggested the Twins have put forth contract offers of varying lengths to Correa. Neal indicates Minnesota’s proposals range from six to ten years with differing average salaries in each. The shorter-term offers would surely feature higher annual payouts, with the comparatively lesser length reducing the team’s longer-term risk.

Financial terms of the proposals aren’t clear, but it’s notable Minnesota is ostensibly willing to make a long-term commitment to play at the top of the market. The Twins signed Joe Mauer to an eight-year, $184MM extension in March 2010 but have otherwise only reached or narrowly exceeded a nine-figure guarantee twice ($105.3MM for Correa and $100MM for Byron Buxton, both last offseason). A Correa deal of six-plus years would almost certainly set a new high-water mark for the organization, even if the contract contained one or more opt-out chances.

Correa is the #2 free agent of this winter in MLBTR’s estimation, predicted for a nine-year deal worth $288MM. Headed into his age-28 campaign, he’s still the youngest of the four top open market options at the position. Dansby Swanson is going into his age-29 season, while Trea Turner and Xander Bogaerts will each spend most of next season at 30 years old. Correa narrowly led that group with a .467 slugging mark this past season, while Bogaerts finished first with a .377 on-base percentage. On a rate basis, Correa was the top offensive player by measure of wRC+, although a pair of minimal injured list stints for a finger contusion and a battle with COVID-19 kept him to 590 plate appearances.

While retaining Correa figures to be the Twins’ ideal course of action, Neal relays that Bogaerts would be Minnesota’s secondary target. Dan Hayes of the Athletic similarly suggested earlier this month the Twins were likely to pivot to the longtime Red Sox star if Correa were to land elsewhere. Boston has consistently maintained a desire to keep Bogaerts, while he’s also drawn some reported interest from the Phillies.

The Twins acquired Kyle Farmer from the Reds last week, at least mitigating the need to dip into the lower tiers of free agency if they come up empty on their pursuit of the top four shortstops. Farmer’s a competent defender coming off a .255/.315/.386 showing during his final season in Cincinnati. His presence raises the floor at the position, but he’s certainly capable of assuming a utility role off the bench if the Twins make an impact move.

Minnesota presently projects for a 2023 payroll around $98MM, per Roster Resource. They have just over $19MM in guaranteed commitments by 2024. Minnesota opened this past season with player spending a bit above $134MM, according to Cot’s Baseball Contracts. There’s pretty clear flexibility to make a significant investment at the shortstop position, although the front office will have to weigh that course of action against their desire to upgrade in the bullpen, behind the dish and in the corner outfield/designated hitter mix.

Aaron Judge Wins AL MVP

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AL home run record holder Aaron Judge has been named the league’s Most Valuable Player, the Baseball Writers Association of America announced. Angels two-way star Shohei Ohtani finished second, followed by Astros slugger Yordan Alvarez.

Judge has been the favorite to claim the award since a few weeks into the year. The herculean slugger popped six home runs in the season’s first month and only picked up the pace from there. He topped double-digits in longballs in each of the next three months before collecting 20 more from August onwards. His homer pace hit a bit of a lull once he reached 60 and pulled within one of Roger Maris with a bit more than two weeks to play, but Judge eventually claimed the record with blasts off Tim Mayza and Jesús Tinoco.

It was an obviously historic season from a power perspective, but the three-time Silver Slugger winner’s achievements went beyond the longball. He flirted with a Triple Crown late in the season and ultimately finished second among AL qualifiers with a .311 batting average. His .425 on-base percentage paced the circuit, and his .686 slugging mark was well better than Alvarez’s second-place .613 figure. He also played a significant amount of innings in center field, adequately moving to the outfield’s most demanding position after a career spent mostly in right field.

Judge helped the Yankees to 99 wins and an American League East crown. He earned his fourth career All-Star selection, and finished in the top five in MVP balloting for the third time. It’s his first time winning the award, and it couldn’t have come at a better time personally. Judge is a first-time free agent, and his ultimate destination will be one of the storylines of the winter.

Ohtani comes in second place the year after winning his first MVP. An incomparable player, Ohtani hit 34 homers and posted a .273/.356/.519 line as a designated hitter. The right-hander also tossed a career-high 166 innings, posting a 2.33 ERA with an AL-leading 33.2% strikeout rate in 28 starts. On his pitching accomplishments alone, he finished fourth in Cy Young balloting. That’s nothing short of remarkable for a player who also finished fifth in slugging and fourth in longballs in the American League. If not for an historic offensive season from Judge, Ohtani would likely have flown to a second straight MVP.

Judge received 28 of 30 first-place votes, with Ohtani collecting the other two. They were 1-2 in some order on every ballot, while Alvarez picked up 22 third-place nods. The Houston star hit .306/.406/.613, trailing only Judge among AL players in on-base and slugging. He finished third in homers and earned his first All-Star selection and MVP finalist appearance.

Guardians third baseman José Ramírez secured six third-place votes and finished fourth overall. Astros second baseman José Altuve came in fifth, edging out Cleveland second baseman Andrés Giménez (the only player besides Alvarez and Ramírez to secure any third-place votes). Julio Rodríguez, Mike Trout, Xander Bogaerts and Cy Young winner Justin Verlander rounded out the top ten.

Full voting breakdown available here.

Braves Unlikely To Pursue Big Name Shortstops If Swanson Signs Elsewhere

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The Braves have had more success in extending young, core players than any team in recent memory, but for a second straight offseason they’re facing the potential departure of a longtime regular who’s helped to anchor the infield. Dansby Swanson, like Freddie Freeman before him, reached the open market without signing an extension, has rejected a qualifying offer and is now free to field interest from the game’s other 29 teams.

Atlanta reportedly offered Swanson an extension in the neighborhood of $100MM at some point over the course of the season, but the widespread expectation is for him to outpace that guarantee by a comfortable margin. (MLBTR predicted a seven-year, $154MM contract on last week’s Top 50 free agent list.) One of the biggest questions on the minds of Braves fans is just what the team will do at shortstop. Can Swanson be retained? And, if not, where does the team turn? The market offers a trio of high-end alternatives in the form of Trea Turner, Carlos Correa and Xander Bogaerts.

As Ken Rosenthal of The Athletic reports, however, it’s unlikely that the Braves will make a legitimate play to sign any of the big free-agent shortstops other than Swanson. President of baseball ops Alex Anthopoulos went out of his way to mention Vaughn Grissom and Orlando Arcia as in-house alternatives at last week’s GM Meetings, and Rosenthal adds that the Braves are generally reluctant to add a major salary that “takes up too high a percentage of their payroll” — including oft-speculated fit Jacob deGrom.

Braves fans were understandably heartened by CEO Terry McGuirk’s comments about Atlanta growing to have one of the game’s five largest payrolls, but what McGuirk didn’t stress was just how close the Braves already are to reaching that territory before making a single addition. Last month at MLBTR, I pointed out that for the Braves to make even one high-priced acquisition, they’d need to exceed the luxury-tax threshold; making a pair of big-name additions — or signing one premier free agent and, say, extending Max Fried — could shatter the threshold and send the team barreling into at least the second tier of luxury penalization.

As things currently stand, Roster Resource’s Jason Martinez projects the Braves to be less than $5MM away from tier one of the luxury tax . They’d be a first-time luxury payor, so the penalty on the first $20MM by which they cross that threshold would “only” be 20%. The penalty on the next $20MM would jump to a 32% tax.

We’ll get back to the shortstop quandary, but it’s worth digressing and taking a deeper look at just what the luxury tax realities might look like for the Braves.

To put this into more specific context, we can use deGrom as an example. Many believe that the four-time All-Star and two-time Cy Young winner could secure an average annual value of $40MM or more this winter. A $40MM AAV on deGrom would push the Braves’ luxury-tax bill up into the $268MM range — an overage of roughly $35MM. The 20% tax on that first $20MM would come out to $4MM, and the 32% tax they’d be paying on the next $15MM would be another $4.8MM. So to sign deGrom for a $40MM AAV, the Braves would effectively need to be willing to pay $48.8MM in total — at least for the upcoming season. With Justin Verlander seeking a deal comparable to that of Max Scherzer, this can all be applied to him as well.

It’s a similar, but not quite so extreme case with Swanson. Using the $22MM AAV on MLBTR’s predicted contract as an example, Swanson would push the Braves a bit more than $17MM over the luxury tax on his own. That’d make our predicted $22MM AAV more akin to paying $25.4MM this season. And, of course, signing Swanson at that rate would mean that any subsequent salary additions of note would then push the Braves into the second tier of penalization, subjecting them to the same 32% rate mentioned in the deGrom example.

The other wrinkle is that any such signing would further cause the team’s luxury bill to balloon in future seasons. The Braves already have about $135MM of luxury obligations on their 2024 payroll, two years down the road, and that doesn’t include potential club option pickups for veterans like Charlie Morton, Kirby Yates and Collin McHugh — nor does it include arbitration salaries for Fried, A.J. Minter and Kyle Wright. Paying the luxury tax for consecutive seasons would cause those rates of penalization also increase (30% in tier one, 42% in tier two, etc.).

Certainly, there are ways for the Braves to lower their current luxury tab and provide further breathing room, though the path to doing so is not an easy one. There’s little hope of finding a team willing to cover even a small portion of the $36MM still owed to Marcell Ozuna through 2024. Atlanta would probably welcome the opportunity to shed the $9MM owed to Eddie Rosario in 2023, but that’s also far easier said than done after he hit .212/.259/.328 in the first season of a two-year, $18MM contract. One recent source of Twitter speculation among fans — a possible trade of Ronald Acuna Jr. — is not something the Braves are considering, per Rosenthal.

Lengthy digression aside, let’s get back to the shortstop question. If, as Rosenthal suggests, the team is likely to be “out of the picture” for any of Correa, Turner or Bogaerts in the event of a Swanson departure, what might that mean for their 2023 outlook at shortstop?

Grissom and Arcia are in-house candidates, as alluded to by Anthopoulos, but Grissom’s bat wilted after a torrid start to his rookie season in 2022. He still finished with a terrific .291/.353/.440 batting line in 156 plate appearances, but Grissom slashed .420/.463/.660 in his first 54 plate appearances and just .220/.294/.319 over his final 102 trips to the plate. He also skipped Triple-A entirely on his way to the Majors, and scouting opinions on his long-term outlook at shortstop vary. Arcia, once one of the game’s top-ranked prospects, was a roughly league-average hitter in a part-time role last year but carries a .233/.288/.356 slash (70 wRC+) over the past five years.

The free-agent market has some modest stopgaps who could help ease Grissom into the full-time role at shortstop. Elvis Andrus was released by the A’s over the summer, but that was more about preventing his 2023 vesting option from kicking in than about his play. He had a strong finish after signing with the White Sox and hit a combined .249/.303/.404 with 17 homers and 18 steals between the two clubs. Jose Iglesias keeps hitting for average and rarely striking out — .291/.325/.408, 13.1% strikeout rate since 2019 — but defensive metrics have soured on the soon-to-be 33-year-old over the past two seasons. Old friend Andrelton Simmons is a free agent, too, but he’s batted just .216/.277/.261 in 536 plate appearances since Opening Day 2021.

None of those free-agent options are going to inspire Braves fans much — save for the possible nostalgia of a Simmons reunion — but they highlight the fact that it’s a thin crop beyond the “Big Four.” The trade market, then, could be a more palatable approach for Anthopoulos to explore. Cleveland’s Amed Rosario is a clear trade candidate with just a year to go before free agency and a mounting (by the Guardians’ standards) price tag. He’s projected by MLBTR contributor Matt Swartz to earn $9MM next year, and a low-payroll Guardians club that’s deep in MLB-ready middle infield prospects could look to cash in on the 27-year-old, as I recently explored at greater length.

The Yankees figure to be open to moving on from Isiah Kiner-Falefa now that Oswald Peraza is ready for a look in the Majors. The Reds would likely be open to dealing Kyle Farmer, with whom Anthopoulos is surely familiar dating back to his Dodgers days. Arizona’s Nick Ahmed and St. Louis’ Paul DeJong are veteran alternatives who could be had for pennies on the dollar, as the D-backs and Cardinals would surely welcome the chance to just shed some of the respective $10MM and $11MM remaining on their contracts. Both are buy-low options, at best, coming off poor showings in recent seasons. Any of Kevin Newman (Pirates), Nicky Lopez (Royals) or the oft-injured Adalberto Mondesi (Royals) could likely be had in a deal, but each has some obvious red flags.

To be clear, there’s no indication that the Braves plan to simply stand pat this winter. A reunion with Swanson remains eminently plausible, even if previous extension attempts with his representatives — the same agents who represent Freeman, for what it’s worth — have yet to bear fruit. It’d push the Braves into luxury territory for the first time in franchise history, but based on McGuirk’s comments about a potential top-five payroll club, that’s something on which the front office will have a green light, at least with regard to Swanson.

What does seems far less likely is a lavish spending spree that sees the Braves make multiple marquee splashes on the free-agent market. If Swanson does sign elsewhere, it’s the bulk of the Braves’ heavy lifting may very well come via the trade market and the middle tiers of the free-agent market.

12 Players Reject Qualifying Offers

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Twelve of the 14 players who received qualifying offers have rejected those one-year, $19.65MM contracts in favor of testing the open market, tweets Mark Feinsand of MLB.com. Martin Perez and Joc Pederson are the only two who accepted a QO. Each of Aaron Judge, Trea Turner, Xander Bogaerts, Dansby Swanson, Jacob deGrom, Carlos Rodon, Brandon Nimmo, Willson Contreras, Anthony Rizzo, Chris Bassitt, Nathan Eovaldi and Tyler Anderson have rejected the deal. Anderson is already in agreement on a three-year contract with the Angels.

None of the news is all that surprising, aside from perhaps Anderson’s early multi-year strike with the Halos. Perez and Pederson were two of the three most likely candidates to take the QO. That the Giants tagged Pederson at all was a move few saw coming, and most believed he’d indeed take the QO once it was put forth.

None of Judge, Turner, Bogaerts, Swanson, deGrom, Rodon, Nimmo, Bassitt or Contreras likely gave much thought to the possibility. Eovaldi and Rizzo were more borderline candidates, but the latter quickly returns to the Yankees on a multi-year deal that’ll pay him around the QO rate over two guaranteed seasons. Eovaldi has yet to sign, but he’ll presumably continue to search for a longer-term contract after taking advantage of the five days to scour the market.

The clubs that saw a free agent decline a qualifying offer now stand to receive draft compensation if that player signs elsewhere. The value of the compensatory pick depends on a team’s status as a revenue sharing recipient and/or whether they paid the luxury tax in 2022. That’s also true of the draft choices and potentially international signing bonus space a team would have to forfeit to sign a qualified free agent from another team.

MLBTR’s Tim Dierkes broke down the forfeiture each team would have to surrender to sign a qualified free agent earlier this month. MLBTR’s Mark Polishuk looked at the compensation each club would receive if one of these players signed elsewhere.

Phillies Interested In Xander Bogaerts

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According to reports back in September, the Phillies were planning to pursue Xander Bogaerts once the free agent market opened, and that plan apparently remains intact two months later.  According to Jon Heyman of the New York Post, Philadelphia is “believed to have real interest in” making Bogaerts the latest big-ticket addition to the roster.

Since Bogaerts received a qualifying offer that he is sure to reject from the Red Sox, the Phillies will have an extra price to pay in compensation for a signing, since Philadelphia exceeded the luxury tax threshold in 2022.  To sign Bogaerts or any other QO-rejecting free agent, the Phils would have to give up $1MM of their international bonus pool, and their second- and fifth-highest picks in the 2023 draft.

Fellow star shortstops Dansby Swanson and Trea Turner are also attached to draft compensation, so theoretically, the Phillies might prefer Carlos Correa if they’re going to shop from the top shelf of the shortstop market.  Since Correa rejected a qualifying offer last winter, he is ineligible to receive another QO, and thus could be signed without any compensation.  Of course, this also gives Correa extra appeal to other teams, which doesn’t necessarily help the Phillies in a bidding war.

It is expected that the Phils will at least check in on all of these shortstops, but Bogaerts also has a personal connection with Phillies president of baseball operations Dave Dombrowski, who was Boston’s PBO from 2015-19.  That stint saw the Red Sox win a World Series in 2018, and Bogaerts sign the six-year, $120MM extension that he has now opted out of, in order to test the market this winter.

Since the Phillies declined their $17MM club option Jean Segura for 2023, the Phils suddenly have a hole in their infield that could be pretty cleanly filled by signing Bogaerts.  Bryson Stott would move over to second base, and Bogaerts could step right in as Philadelphia’s new everyday shortstop.  Edmundo Sosa’s emergence after joining the Phillies in a midseason trade also puts him into the mix, though Sosa could be moved around the diamond — splitting time with Stott at second base, getting the occasional appearance in left field, or spelling Alec Bohm at third base.

Between Segura’s declined club option and Zach Eflin declining his end of a mutual option, the Phillies have roughly $179.3MM in payroll on the books for 2023, and a luxury tax number of just under $190.8MM.  Assuming Bogaerts signed a contract in the range of MLBTR’s projection of a $27MM average annual value, that would still leave Dombrowski with some room under the $233MM tax line to make any further roster adds.  Of course, this assumes that the Phillies are overly concerned with resetting their tax bill.  After winning the NL pennant in 2022, ownership might not mind a second straight year of overages if it means adding a player like Bogaerts who could put the Phils over the top for a World Series title.

14 Players Receive Qualifying Offers

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14 players received qualifying offers this year, reports Jeff Passan of ESPN (Twitter link). The list is as follows:

As a refresher, the qualifying offer is a one-year offer a team can make to impending free agents. Players who have previously received a QO in their careers and/or didn’t spend the entire preceding season with one team cannot receive a qualifying offer. The value of the offer is calculated by averaging the salaries of the 125 highest-paid players in MLB. For the 2022-23 offseason, it is set at $19.65MM.

If a player accepts the QO, he returns to his current team for next season on that salary. If he declines, the team would receive compensation if he were to sign elsewhere. The specific compensation depends on the team’s status as both a luxury tax payor and whether they receive revenue sharing payments. MLBTR’s Mark Polishuk took a look at the compensation each team would receive for losing a qualified free agent last week.

Signing a player who refuses a QO from another team requires the signing team to forfeit draft picks and/or international signing bonus space. As with compensation for losing qualified free agents, the specific nature of the forfeiture is dependent on revenue sharing status and the competitive balance tax.

[Related: Which Picks Would Each Team Forfeit By Signing A Qualified Free Agent?]

The majority of players who receive qualifying offers decline them each offseason. Judge, Turner, Bogaerts, deGrom, Swanson, Rodón, Nimmo, Contreras and Bassitt were always virtual locks to receive a QO. They’ll assuredly turn them down and sign multi-year contracts, either with their incumbent teams or other clubs. Rejecting a qualifying offer, to be clear, does not affect a player’s ability to continue negotiating with his previous team.

Rizzo, Anderson and Pérez were all more borderline QO candidates, although reports in recent days had suggested each was likely to receive the offer. There’s a case for all three players in that group to accept, although their representatives will have five days to gauge the market before making that decision. Pérez has reportedly received a two-year offer from Texas. The sides have long expressed mutual interest in agreement, but they’ve yet to come to terms on a longer deal.

The final two qualified free agents come as more surprising developments. Eovaldi always looked like a borderline QO candidate. He recently wrapped up a four-year, $68MM contract with the Red Sox. The right-hander was generally effective over the life of that deal, but his 2022 campaign was more of a mixed bag. Shoulder and back injuries limited him to 20 starts and 109 1/3 innings. His 3.87 ERA over that stretch was right in line with his 2020-21 marks, but his strikeout rate dropped a few points to a league average 22.4%. Eovaldi’s fastball also dipped slightly from siting just under 97 MPH down to 95.7 MPH, but that’s still plenty impressive velocity. Paired with his elite strike-throwing ability and the Red Sox’s need for rotation help, they’d be content to bring the 32-year-old back for just under $20MM if he accepted the QO.

The most surprising qualifying offer recipient, however, is Pederson. San Francisco signed the outfielder to a one-year, $6MM deal last winter after an up-and-down 2021 campaign with the Cubs and Braves. The left-handed slugger responded with an excellent .274/.353/.521 showing, connecting on 23 home runs in 433 plate appearances. Pederson also posted elite batted ball marks, including a 93.2 MPH average exit velocity that’s around five MPH above league average. He also made hard contact (a batted ball hit 95 MPH or harder) on a career-best 52.1% of his balls in play.

That figured to give 30-year-old a strong shot at a multi-year offer, although it’s still surprising to see the Giants offer him nearly $20MM to return. Pederson played left field in Oracle Park, but he rated as 12 runs below average over 685 innings in the estimation of Defensive Runs Saved. He’s consistently posted subpar defensive marks and is limited to the corner outfield or designated hitter. The Giants also shielded him against southpaws, limping him to 57 plate appearances against left-handed pitching.

Some notable players who were eligible for a qualifying offer but did not receive one include Jameson Taillon, Mitch Haniger, Taijuan Walker, Andrew Heaney and Michael Wacha. That group will all hit the open market unencumbered by draft pick compensation, which should be a boost to their free agent stocks.

Of the crop of QO recipients, Pederson looks likeliest to accept, although it’s possible that anyone in the group turns the offer down if their reps find interest over multi-year pacts. Players have until the evening of November 15 to determine whether to accept or turn down the QO.

Zaidi: Giants In Contact With Free Agent Shortstops, Plan To Issue QO To Carlos Rodon

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The Giants are widely expected to be one of the league’s most active teams this offseason, with the front office reloading after an underwhelming 2022 season. President of baseball operations Farhan Zaidi met with reporters (including John Shea of the San Francisco Chronicle) this evening and confirmed the team could play near the top of the market.

Asked about the club’s free agent priorities, Zaidi told the media “from a financial standpoint, there would be nobody that would be out of our capability.” He went on to note they’ve already had discussions with representatives for free agent shortstops who’ve expressed a willingness to move to second base in deference to Brandon Crawford (via Jon Morosi of MLB.com). Teams technically aren’t allowed to negotiate contract terms with free agents from other teams until tomorrow evening, but they can discuss more general concepts like roster fit during the exclusive negotiation period.

Zaidi didn’t specify the players involved, although it’s not hard to infer he’s speaking about the top shortstops on the market. Carlos Correa, Trea Turner, Xander Bogaerts and Dansby Swanson are going to be priority targets for a number of the game’s biggest-spending teams. It’s notable that Zaidi spoke of potentially moving an external pickup to the other side of the bag while keeping Crawford at shortstop, although it’s not clear if that’s an absolute requirement for any player under consideration. Scott Boras, who represents both Correa and Bogaerts, told reporters he hasn’t heard from teams looking to push either player off the position (link via Bob Nightengale of USA Today).

While adding a top shortstop is plausible for a San Francisco club looking to get younger and more athletic this winter, Zaidi and his group are sure to cast a wide net. The mention of the financial wherewithal to pursue any player available will lead to further speculation about the market’s top free agent. The Giants are sure to be linked to Aaron Judge throughout the winter, as they’re indeed among the clubs most well-positioned for that kind of expenditure. San Francisco has roughly $72.5MM in guaranteed commitments on the books, pending a call on Evan Longoria’s option. Even with a fairly heavy arbitration class, the Giants have plenty of room before approaching this year’s $155MM Opening Day mark, and they’re nowhere near the franchise-record heights that pushed $200MM.

Of course, San Francisco is facing a few potential key departures. Ace Carlos Rodón opted out of the second year of his deal and is back on the open market. Zaidi confirmed the club’s obvious decision to tag him with a $19.65MM qualifying offer (via Alex Pavlovic of NBC Sports Bay Area), which Rodón is a lock to reject in pursuit of a deal north of nine figures. That’d entitle the Giants to a compensatory draft choice between Competitive Balance Round B and the third round (roughly 75th overall) in next year’s draft if the star southpaw departs.

San Francisco also sees corner outfielder Joc Pederson hit the open market, and while he certainly won’t receive a QO, Zaidi reiterated the team would like to keep him around (Shea link). The lefty-hitting outfielder posted a .274/.353/.521 line after signing a $6MM guarantee last offseason, and the club has discussed a potential extension as far back as September. Pederson is sure to beat $6MM this time around and looks to have a good shot at a multi-year contract after his quality platform year.

Bloom: Bogaerts Remains Red Sox’s Preferred Option At Shortstop

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The Red Sox and star shortstop Xander Bogaerts didn’t agree on a contract extension before the start of the offseason. The four-time All-Star officially opted out of the final three years on his deal with Boston this morning, sending him to the open market for the first time in his career. The Sox still have exclusive negotiating rights with Bogaerts through Thursday, but there’s little question at this point his representatives at the Boras Corporation will soon be in contact with other teams.

Speaking with reporters (including Alex Speier of the Boston Globe) this evening, Boston chief baseball officer Chaim Bloom reiterated that retaining Bogaerts would be the Sox’s ideal choice for addressing shortstop. “We want him here. He makes us better,” Bloom said. “We respect his right to exercise [the opt-out] and to explore the market. We want him back and we will stay engaged with him.”

Boston’s baseball operations leader acknowledged the presence of a few other star free agent shortstops — namely Carlos Correa, Trea Turner and Dansby Swanson. While Bloom suggested the team would explore the market for potential alternatives, he didn’t mince words when expressing the front office’s overall preference. “He’s our first choice. That’s not going to change,” he told reporters. “Part of our jobs is to explore every option to field a contending team next year and put together a really good group. We need to explore every possible way to do that, but Bogey’s our first choice.”

Bloom indicated he believes either Trevor Story or Enrique Hernández would be capable of playing shortstop if necessary but made clear the team would prefer to keep them at other positions to keep Bogaerts around. Story moved to second base this past season. While he’d played his whole career at shortstop with the Rockies prior to this year, Story has spoken about his desire to stick at the keystone if it means the Red Sox re-sign their longtime shortstop. That’d presumably keep Hernández in center field primarily, with the lackluster free agent market at that position seemingly playing a role in Boston’s decision to keep the utilityman around with a $10MM contract extension on Labor Day.

Of course, this is far from the first time Sox’s brass has gone on record about their affinity for Bogaerts. Immediately after the season, Bloom called re-signing the four-time Silver Slugger winner before free agency the team’s top priority. That obviously didn’t happen, and Speier writes that while the sides did have some discussions after the season wrapped up, it became clear fairly early on they wouldn’t get a deal done before the opt-out date.

Boston is sure to kick off the offseason by tagging Bogaerts with a qualifying offer. They’d receive only minimal compensation if he were to sign elsewhere, however. Because the Red Sox exceeded the base luxury tax threshold this past season, they’d add only an extra draft choice after the fourth round. Conversely, signing a player like Turner or Swanson who rejects a qualifying offer from another team — Correa is ineligible to receive a QO because he’s previously received one in his career — would lead Boston to forfeit both their second and fifth-highest picks in next year’s draft and $1MM in international signing bonus space. Certainly, the front office will weigh their long-term projections of each of the top free agents more heavily than the draft choices in deciding how to proceed, but they’d pay a heavier draft penalty for adding either Swanson or Turner than they would for retaining Bogaerts (and thus forfeiting the compensatory pick).

Bogaerts heads into his age-31 season coming off a .307/.377/.456 mark through 631 plate appearances. His power production dipped relative to his best seasons, but he hit above .285 with an on-base percentage at .360 or better for the fifth straight year. He also earned slightly above-average marks from public defensive metrics, an important step towards quieting some concerns he’ll have to move off shortstop in the relatively near future.

Xander Bogaerts Opt Out Of Red Sox Contract

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As expected, Red Sox shortstop Xander Bogaerts has officially opted out of his contract, as the MLB Players Association announced (via Twitter) that Bogaerts was among the latest players to join the free agent market.  Bogaerts will leave the final three years and $60MM of his deal with Boston to look for a larger contract on the open market.

There was never much suspense over Bogaerts’ decision, as an opt-out always seemed pretty likely even from the moment the shortstop signed the six-year, $120MM extension back in April 2019.  Bogaerts just turned 30 years old last month, and he’ll surely command far beyond three years and $60MM in his first taste of the free agent market.

Perhaps the only question surrounding the opt-out was whether or not the Red Sox would make it a moot point, by agreeing to another extension with Bogaerts.  However, extension talks back in the spring reportedly saw Boston make a surprisingly small offer of only an extra season and another $30MM added to Bogaerts’ current contract.  As of a month ago, Bogaerts said the two sides hadn’t had any other further negotiations, though it’s probably safe to assume that some talks did take place, given how chief baseball officer Chaim Bloom stressed that Bogaerts was Boston’s top priority heading into the offseason.

The Red Sox still retain exclusive negotiating rights with Bogaerts until free agency officially opens on Thursday.  While the two sides have shared mutual interest in Bogaerts’ continued future in Boston, it would be awfully surprising to see the two sides agree to a new deal so close to the opening of the market.  Once other teams can speak to Bogaerts, it remains to be seen whether the Sox will outbid other suitors, or if they’ll perhaps explore other shortstop options after 10 seasons with Bogaerts at Fenway Park.

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