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Padres Have Discussed Michael King In Trade Talks

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The month of January is almost done, which means pitchers and catchers will be reporting to spring training in a couple of weeks, but there is still plenty of offseason business left to be resolved. Ken Rosenthal of The Athletic reports that part of the reason things are moving slowly is that there are still lots of ongoing trade talks, with Dylan Cease and Michael King of the Padres “among the starting pitchers who remain in play.”

Cease’s name has been in plenty of rumors this winter but this is the firmest indication of the winter that King is potentially available as well. The logic for the Friars considering a trade is the same for both pitchers, as each is going into his final season of arbitration control.

The Padres are clearly working with financial restraints this winter, though their exact spending ability isn’t totally clear. For much of the winter, reporting indicated that they needed to cut their projected 2025 payroll. But reporting from recent days suggests the club may be able to keep their projected spending around its current level, give or take.

Even if the Friars don’t have to significantly cut spending, considering trades of players like Cease or King is still understandable. The club needs to address left field, catcher, the rotation and maybe shortstop as well. With little wiggle room in the budget, signing free agents to fill those holes will be difficult. The club’s biggest contracts are hard to move since each of Fernando Tatis Jr., Manny Machado, Xander Bogaerts, Yu Darvish and Joe Musgrove has a full no-trade clause. Jake Cronenworth has partial no-trade protection and his contract isn’t terribly appealing at the moment.

In a similar position last winter, the Padres felt they needed to move on from Juan Soto while he was one season away from free agency. By flipping Soto and Trent Grisham to the Yankees, the Padres brought back five players who were less established but nonetheless improved the depth in the rotation and behind the plate. One of the players they got back was King, another was Drew Thorpe, who helped the Padres get Cease from the White Sox.

Now with another budget crunch, players like Luis Arráez, Cease and/or King could be this year’s Soto. All three are one year away from the open market and have no ability to stop a trade. Arráez will  make $14MM this year and Cease $13.75MM. King and the Padres didn’t come to an agreement prior to the arbitration filing deadline and are slated for a hearing. He filed at $8.8MM and the club at $7.325MM.

The lesser price is a reflection of King’s smaller track record compared to Cease. While the latter has been an established big league starter for a long time now, King really only has one season as a true bona fide rotation option. He spent much of his Yankee career in a swing role, oscillating between the rotation and bullpen. Late in 2023, with the Yankees out of contention, he put together a strong run of starts and seemed to have the potential for a larger role.

The Padres made a bet on him by acquiring him as a key piece of the Soto deal, and that worked out quite well. King tossed 173 2/3 innings over 31 appearances last year, with 30 of those being starts. The other was a long relief outing during the Seoul Series, before the season had begun in earnest. He allowed just 2.95 earned runs per nine on the year, with a 27.7% strikeout rate and 8.7% walk rate. He also made two postseason starts for the Friars, adding another 12 innings with a 3.75 ERA. He finished seventh in National League Cy Young voting.

That should give King plenty of trade appeal going into 2025. While the track record isn’t as long as that of Cease, the price is well below market rates for starting pitching. Alex Cobb and Justin Verlander each got $15MM one-year deals this offseason. Cobb is 37 years old and Verlander about to turn 42, with both pitchers having been injured for much of the 2024 campaign.

A King trade would clear less payroll space for the Padres than one involving Cease or Arráez, since King is slated to make about half as much as the other two. Still, if the Padres find an offer to their liking, the logic would be similar. They could theoretically flip King for cheaper but less established players, perhaps addressing one of their many needs while also improving their depth in other areas. They’d also gain $8MM or so, give or take, to dedicate to other pursuits.

It would be a tricky tightrope to walk since the rotation already needs upgrading as it is and subtracting King or Cease would only add to their need in that department. But given the financial circumstances, it’s something they will have to think about. As of right now, the rotation consists of Darvish, King, Cease and plenty of uncertainty. Guys like Matt Waldron, Adrián Morejón or others could fill in the back but those guys have some question marks.

Time will tell if anything comes from these trade talks. The Padres have been in this situation for most of the winter but have been very quiet. Perhaps that’s due to the fact that they were a serious suitor for Roki Sasaki and wanted to know his choice before proceeding. With Sasaki signing with the Dodgers last week and spring training now so close, perhaps the Padres will blink on something. On the other hand, free agents like Jack Flaherty, Nick Pivetta and Andrew Heaney are still out there, which could prevent clubs from aggressively pushing the Padres for a deal. Pitchers like Marcus Stroman, Luis Castillo, Jordan Montgomery and Chris Paddack are likely available in trades as well. The position player market still features Alex Bregman and Pete Alonso, with those staring contests perhaps broadly holding things up as well.

Padres Expect To Carry A Top 10 Payroll In 2025

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The Padres have been among the quietest teams in baseball this winter, which is unusual given that president of baseball operations AJ Preller is one of the most aggressive front office executives in the sport. The club’s inaction this winter has largely been informed by reports of significant payroll constraints, but Kevin Acee of the San Diego Union-Tribune reported last night that those constraints might not be quite as stringent as once believed. While the club was previously thought to be angling towards lowering its 2025 payroll to something closer to the $169MM level they ran with in 2024, Acee now reports that the club plans to carry a payroll in or around the league’s top 10 for this season.

San Diego’s payroll currently ranks ninth in the sport at $208MM according to RosterResource, although some clubs on the outside of the top 10 such as the Cubs, Red Sox, Giants, and Angels are rumored to be involved in the markets of significant free agents like Alex Bregman, Jack Flaherty, and Pete Alonso who would likely catapult any of them into the top ten if signed. Even so, it stands to reason that the Padres are at least somewhat unlikely to increase payroll beyond its current level, a thought that Acee more or less confirms by noting that the club does not appear to be able to add payroll without first making room in the budget elsewhere.

That’s not necessarily exciting news for Padres fans, given the club’s clear needs at catcher, in the rotation, in left field, and at DH. It’s a lot of holes for Preller to try and plug without increasing payroll, and that’s led the Padres to listen to offers on key pieces such as Luis Arraez, Dylan Cease, and Robert Suarez this winter. While trading any of those players would create another hole on the roster, the return package combined with the payroll flexibility created by moving salary could allow San Diego to come out ahead on those moves as they did when they shipped Juan Soto to the Yankees last winter.

That makes the club’s plan to carry a payroll in or around the top ten potentially game changing for the front office. When the club was believed to be operating under a mandate to cut payroll, it seemed as though the Padres may have to execute multiple trades in order to make even modest additions via free agency. Now, however, it appears any dollars freed up by any trades they make can be reinvested directly back into the roster. That should make trading a high-end player like Cease much easier to turn into a net positive for the roster overall than it would have been if the club was forced to rely entirely on the return package for upgrades. It could also make the possibility of dumping a contract like that of Jake Cronenworth more attractive for the front office even in the event they’re unable to secure a significant return, as the roughly $11.3M is slated to earn in 2025 could then be spent on addressing more critical needs.

What remains unclear is whether or not the Padres are willing to exceed the first luxury tax threshold this year after avoiding the tax last season. San Diego is currently just over the first $241MM threshold with a projected payroll of roughly $243MM for CBT purposes. Preller has shown a willingness to get creative with his additions in order to lower a player’s AAV for luxury tax purposes in the past, and it’s certainly feasible to imagine the Padres finding a way to sneak under that first threshold while maintaining a similar or even identical payroll in terms of actual dollars spent. Moving a pricey arbitration level player like Cease or Arraez would be particularly valuable if ducking under the luxury tax is a goal, as their one-year salaries count fully against the luxury tax while even a similarly-priced free agent could be signed to a more complicated contract structure that offers San Diego additional wiggle room.

White Sox Trade Ron Marinaccio To Padres

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The Padres have acquired right-handed reliever Ron Marinaccio from the White Sox in exchange for cash, per announcements from both clubs. Chicago designated Marinaccio for assignment earlier in the week. San Diego’s 40-man roster is now up to 35 players.

Marinaccio, 29, has appeared in each of the past three big league seasons, with all his MLB time coming as a member of the Yankees. He’s posted a sub-4.00 ERA in all three of those individual seasons, working to a composite 3.22 mark with a strong 28.2% strikeout rate but an ugly 12.6% walk rate. Marinaccio averaged 93.6 mph on his heater this past season and paired that offering with a changeup and slider, both of which reside in the low 80s.

The ChiSox claimed Marinaccio off waivers from the Yankees on Sept. 23. He didn’t make it into a game for the South Siders, but given the general state of disarray within their roster, he seemed like he’d have a chance to factor into the 2025 bullpen mix. General manager Chris Getz ultimately felt differently, as Marinaccio was bumped from the 40-man roster this week to open space for veteran innings eater Martin Perez.

Marinaccio’s track record in Triple-A is generally supportive of his output in the big leagues, making it something of a surprise that the White Sox moved on for next to no return. He’s pitched in parts of four seasons there and logged a 3.35 ERA in 91 1/3 innings, fanning 29.9% of his opponents against an 11.3% walk rate along the way. Marinaccio still has one minor league option year remaining, and he’s controllable through the 2028 season as things currently stand (though future optional assignments could change that calculus). He won’t be eligible for arbitration until next offseason at the earliest.

Braves Notes: Profar, Kelenic, De La Cruz, Pitching Staff

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The Braves finally made their first significant move of the offseason this week, coming to terms with Jurickson Profar on a three-year, $42MM contract that’ll install him as their new everyday left fielder. Atlanta president of baseball operations Alex Anthopoulos confirmed in chatting with the Braves beat yesterday that Profar will be ticketed for regular work in left field, with Jarred Kelenic and Bryan De La Cruz (who signed a split major league deal earlier this winter) competing for at-bats in right field (link via MLB.com’s Mark Bowman).

Profar told reporters via Zoom this morning that landing with the Braves is a near-ideal scenario. As a native of Curacao, he grew up idolizing countryman Andruw Jones and watching him with the Braves. He’ll now be united with friend and countryman Ozzie Albies with those same Braves. Profar indicated that as soon as free agency began, his top two preferences were to remain in San Diego or sign in Atlanta (via Justin Toscano of the Atlanta Journal-Constitution). The Padres, who are dealing with a payroll crunch and ownership infighting, never came close to Atlanta’s offer at any point in free agency, per Jeff Sanders of the San Diego Union-Tribune.

With Profar slated for everyday work in left field and Michael Harris II in center, that leaves right field as the only place for Kelenic and De La Cruz to get playing time early in the season. Ronald Acuña Jr. will be back to man right field eventually but is expected to miss more than a month of the season as he finishes off rehabbing last year’s torn anterior cruciate ligament in his left knee. A platoon is possible, but Anthopoulos made clear that Kelenic “will get a lot of reps in right field” this spring and “will have every opportunity to be that guy.”

Kelenic, 25, came to the Braves by way of a convoluted series of salary dump trades last year. The former No. 6 overall pick and top prospect was effectively purchased from the Mariners, with Atlanta taking on the underwater contracts of first baseman Evan White and lefty Marco Gonzales to get Kelenic to Atlanta. Gonzales was subsequently traded to the Pirates, who took on about $3MM of his $12MM salary. White was shipped to Anaheim in return for another pair of underwater contracts: David Fletcher and Max Stassi. The Braves quickly flipped Stassi to the White Sox for a player to be named later, agreeing to pay the bulk of Stassi’s salary. When factoring in the dead money they absorbed and the associated luxury tax hits, they spent around $32MM to acquire Kelenic.

Suffice it to say, year one of the gambit didn’t play out as hoped. Kelenic got out to a decent start in April, slumped in May, had a monster showing in June, and then tanked for the majority of the final three months. On the whole, he hit .231/.286/.393. His 15 homers were a new career-high, but he also fanned in almost 30% of his plate appearances while providing slightly below-average defense in the outfield and slashing only .206/.236/.279 against lefties.

That anemic performance against southpaws is where De La Cruz could come into play. The longtime Marlin and brief Pirate was non-tendered earlier this winter and quickly scooped by by Atlanta. De La Cruz makes for an odd platoon partner for Kelenic, however. His right-handed bat is very clearly more productive versus lefties than the lefty-swinging Kelenic, but De La Cruz has still been a below-average hitter against southpaws in his career: .270/.315/.390 (92 wRC+). Considering Kelenic has only been about average versus righties in his career, it’s an underwhelming platoon unless one or both players take a substantial step forward.

That shouldn’t be a long-term issue, of course. Acuña should be back sometime in May or June. At that point, the Braves can rely on a Profar-Harris-Acuña alignment from left to right. Kelenic, whom Anthopoulos praised as an option capable of playing all three outfield spots, could then slide into more of a fourth outfield role with De La Cruz serving as a depth option in Triple-A.

With the outfield largely settled, the question of what’s next for the Braves naturally arises. Anthopoulos said last night that he has the flexibility needed to add to the rotation and/or bullpen (via David O’Brien of The Athletic). No deal in either department is close, however, and the veteran baseball ops leader emphasized that any rotation arm that’s brought in would need to be a decisive upgrade over in-house arms like Grant Holmes and Ian Anderson. Both are out of minor league options and thus very likely ticketed for roster spots to begin the season. O’Brien speculates that Atlanta will add a reliever and forgo a prominent rotation acquisition.

The Braves currently have Chris Sale, Reynaldo Lopez and Spencer Schwellenbach in the top three spots of the rotation. Spencer Strider will return at some point in the season’s first half after undergoing UCL surgery last April. Depth options in Triple-A include Davis Daniel, Bryce Elder and prospects Hurston Waldrep and AJ Smith-Shawver. Once Strider returns, that’s a lot of arms for what’s effectively one rotation spot — assuming good health for each of Sale, Lopez and Schwellenbach.

As O’Brien suggested then, a bullpen addition makes a bit more sense. The Braves will likely be without Joe Jimenez all season after the right-hander underwent knee surgery, subtracting a key piece of their late-inning relief group. With Raisel Iglesias, Aaron Bummer, Pierce Johnson and Dylan Lee all on board, there’s still a strong high-leverage foundation, but there’s plenty of room to add a reliever and still remain under the luxury tax threshold, if that’s a goal.

RosterResource currently projects the Braves for a bit more than $230MM of tax obligations, leaving them nearly $11MM from the $241MM threshold. Notable unsigned relievers who could fit into that budget include Kyle Finnegan, Phil Maton, Andrew Chafin, Danny Coulombe, Tim Hill and injury rebound candidates such as Kendall Graveman, Lou Trivino and Keynan Middleton. If the Braves are willing to cross the tax threshold for a third straight season (or engineer a trade to clear up a bit more breathing room), names like Carlos Estevez and David Robertson remain available on the market.

Twins Among Teams With Interest In Dylan Cease

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The Twins and Padres have both been fairly quiet this winter but could be ramping up to make some moves before the season starts. Per reporting from Dan Hayes and Dennis Lin of The Athletic, the club have discussed trade scenarios involving catcher Christian Vázquez but the Twins are also among the clubs that have interested in San Diego right-hander Dylan Cease.

That’s not to suggest that a one-for-one swap of Vázquez for Cease is at all feasible. Vázquez is going to make $10MM this year, making him a bit overpaid as a part-time, glove-first catcher. Cease, on the other hand, is an excellent starting pitcher who is going to make $13.75MM this  year. That gives him tremendous surplus value.

That the Twins would be interested in Cease is not surprising as just about any club would be, since he’s been one of the best pitchers in baseball over the past four years. From 2021 to 2024, he has made at least 32 starts in each of those seasons. His 716 innings thrown in that time is seventh in the majors behind only Aaron Nola, Logan Webb, Zack Wheeler, Corbin Burnes, José Berríos and Kevin Gausman.

That quantity has also come with quality, as Cease has allowed 3.52 earned runs per nine while striking out 29.7% of batters faced. His 9.7% walk rate was on the high side but not by much. His 17.2 wins above replacement in that time is sixth in the majors, behind the five the aforementioned pitchers but ahead of Berríos.

The best free agent pitchers generally get over $30MM annually, with Blake Snell and Corbin Burnes both getting over that line this year. Even older pitchers coming off injury-marred seasons like Alex Cobb and Justin Verlander will outearn Cease this year, with each getting a $15MM salary for 2025.

All those factors make him very valuable to the Padres but they might be boxed into a corner where they have to consider making him available. RosterResource projects them for a $208MM payroll this year, which is well beyond last year’s $169MM figure. They can reportedly push a little higher than their 2024 number but not by too much, so cutting some decent money seems to be necessary. They will have to do that while also filling holes in left field and behind the plate, as well as the rotation.

There aren’t many great options for clearing money. Manny Machado, Xander Bogaerts, Yu Darvish, Fernando Tatis Jr. and Joe Musgrove all have no-trade clauses on their contracts. Jake Cronenworth only has an eight-team no-trade clause but his deal is tough to move regardless since his production dropped off after he signed that deal and there is still $71MM to be paid out over the next six years. Robert Suarez only has three years left on his deal but the opt-out/player option a year from now complicates trade talks.

All that leaves Luis Arráez and Cease as the best trade options. Each is going into his final arbitration season and set to make an eight-figure salary. However, Arráez may not have tremendous trade value, despite his elite batting averages. He’s not a good defender, baserunner or power threat, limiting his overall production.

It all leaves the Padres and president of baseball operations A.J. Preller with a tricky tightrope to walk. Cease is probably their best option for doing a trade somewhat resembling the Juan Soto deal from last offseason. In that deal, the Padres took one great player and his notable salary, trading him and Trent Grisham to the Yankees for a five-player package. One of those players was Michael King, who bolstered their rotation. Another was prospect Drew Thorpe, whom the Padres used to get Cease. The additions of Kyle Higashioka, Randy Vásquez and Jhony Brito also bolstered the catching and pitching depth.

Flipping Cease to help in several areas might be the best option for the Friars now but it would also likely weaken the rotation that already looks like a soft spot. With Musgrove set to miss the season recovering from Tommy John surgery, the rotation currently consists of King, Cease, Darvish and question marks. Guys like Vásquez, Brito, Matt Waldron and Adrián Morejón are potential back-end guys but it’s not a strong overall group. That would be even more true without Cease.

The Twins have their own financial concerns but could perhaps make it work with Cease. Recent reporting has suggested that the Twins don’t really need to cut payroll but don’t have much room to add at the moment either. Trading part of the $10MM owed to Vázquez would help, as could moving the $7.5MM owed to Chris Paddack or the $6.4MM for Willi Castro.

The Twins currently project to have a rotation consisting of Pablo López, Joe Ryan, Bailey Ober, Simeon Woods Richardson and Paddack. Swapping in Cease for Paddack would obviously be an upgrade, considering Paddack hasn’t pitched much over the past few years due to elbow issues, including Tommy John surgery, and has had middling results when on the hill.

The Twins also have some young and affordable pitching that would surely interest the Padres. Pitchers like Zebby Matthews and David Festa debuted in 2024 without much success but both were notable prospects last year and could still have plenty of success ahead of them. The fact that each still has six years of cheap control available would be great for the Padres, but the Twins would have to think about whether that’s a fair price for just one year of a pitcher like Cease. The Twins also have arms like Marco Raya, Travis Adams and C.J. Culpepper in their depth mix.

As recently explored by MLBTR’s Anthony Franco, the Padres might look to last winter’s Burnes trade as a decent comparable for Cease. The Brewers flipped one year of Burnes for two notable prospects in DL Hall and Joey Ortiz. Both were top 100-type prospects that had cracked the majors but hadn’t been established yet.

That is perhaps the kind of return that could work for the Padres. Subtracting Cease for pitchers like Matthews/Festa would lower their rotation certainty but give them more options at cheaper prices. The Twins may not be keen on such an arrangement, however, as the report from The Athletic indicates that they “would prefer to provide a value-laden package to replenish the Padres’ depth as opposed to the higher-upside talent Preller likes to hunt.”

Though Preller has been exceptionally quiet this winter, it’s possible that it’s time for him to pounce. The Padres were one of the finalists for Roki Sasaki and he would have been a massive help for their current predicament. As a plug-and-play ace who will be making the minimum salary this year, he would have been a great fit for the club both in terms of roster construction and their financial situation.

Perhaps Preller was waiting for clarity on that massive decision from Sasaki. Now that the young righty has officially signed with the Dodgers, Preller has to pivot to other options. Given his constraints, a Cease trade might have to be on his to-do list. If so, the Twins are surely not the only club interested, so Preller should be fielding plenty of calls.

Twins, Padres Have Discussed Christian Vazquez Trade

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The Padres and Twins have had discussions about a potential trade that would send veteran catcher Christian Vázquez to San Diego, report Dan Hayes and Dennis Lin of The Athletic. There’s no indication that a deal is imminent. Indeed, Hayes suggests that conversations have “slowed” recently, though that doesn’t mean that the sides won’t continue talks in the coming days.

Vázquez is both a logical trade candidate for Minnesota and an obvious fit for San Diego. Twins president of baseball operations Derek Falvey said last week that the team’s trade talks had started to pick up steam. While Falvey didn’t identify specific players under discussion, Vázquez is arguably the most obvious candidate. He’s entering the final season of a three-year free agent deal. He has split time with Ryan Jeffers over his two years in the Twin Cities.

Over the past two seasons, Jeffers carries a .246/.328/.456 batting line in exactly 800 trips to the plate. Vázquez has hit .222/.265/.322 through 670 plate appearances. Manager Rocco Baldelli nevertheless stuck to the even divide in playing time last year. Each player made 81 starts. Jeffers caught 720 1/3 innings, while Vázquez logged 719 frames.

Jeffers clearly brings a much higher offensive ceiling. Vázquez is the superior defender. While Jeffers receives subpar grades for his receiving skills, Vázquez has long been a quality pitch framer. He was also a superior blocker. Last year, Vázquez was charged with just one passed ball and was behind the plate for 19 wild pitches. Jeffers committed three passed balls and allowed 28 wild pitches.

Despite Vázquez’s defensive advantage, the Twins may prefer to give Jeffers an extra 15-20 starts to keep his bat in the lineup. That’s particularly true when considering the financials. Vázquez’s deal pays him $10MM annually. That’s a lot for a part-time catcher. Minnesota’s front office has been hamstrung by the budget for a second straight offseason. The Pohlad family ownership group has been loath to raise payroll as they explore a sale of the franchise. Minnesota has not made a single major league free agent signing this winter. Their biggest moves have been depth trades for Mickey Gasper and former top catching prospect Diego Cartaya.

The Padres are in a remarkably similar spot. While ownership isn’t selling the franchise, there’s litigation amongst the Seidler family for control. San Diego has slashed payroll for two straight years themselves. They also have not signed any major league free agents or made any trades of consequence.

Padres president of baseball operations A.J. Preller has his work cut out for him in addressing multiple areas of need with a limited budget. Catcher is probably the biggest issue on the position player side. San Diego hoped that Luis Campusano would run with the job in 2024. Instead, he hit .227/.287/.361 while grading as one of the league’s worst defensive catchers.

Campusano ceded the starting job to Kyle Higashioka down the stretch. Higashioka landed with the Rangers on a two-year free agent deal, leaving Campusano as the default projected starter. Brett Sullivan is the only other catcher on the 40-man roster. San Diego recently added Martín Maldonado on a minor league contract. He hit .119 in 48 games for the White Sox last season. Chicago released him in July.

The 34-year-old Vázquez would provide a significant defensive upgrade over Campusano. While he hasn’t produced at the plate in Minnesota, he was a league average hitter (.274/.315/.399) between the Red Sox and Astros back in 2022. There’s more hope for getting something offensively from Vázquez than there would be if they select Maldonado’s contract.

San Diego would not take on Vázquez’s entire salary. He’s comparable to Jacob Stallings ($2.5MM) and Austin Hedges ($4MM), each of whom signed cheap one-year deals as free agents this offseason. The Padres could push for Minnesota to eat at least half the money to facilitate a trade. Hayes and Lin write that the Twins are reluctant to pay down too much of the deal. Their primary motivation of trading Vázquez would be salary relief. They’d also perhaps need to earmark a couple million dollars for a veteran to back up Jeffers (e.g. Elias Díaz, Yasmani Grandal). The other catchers on their 40-man roster — Cartaya and Jair Camargo — have five combined games of MLB experience.

Minnesota is looking for a first baseman who can replace Carlos Santana. They’re seeking a right-handed hitting outfielder as well. Beyond Vázquez, Chris Paddack ($7.5MM) stands as their clearest trade candidate to create a bit of payroll room. To be clear, there’s no suggestion that the Padres have interest in reacquiring Paddack. Justin Turner, Anthony Rizzo and Ty France are among the unsigned first basemen. Mark Canha, Austin Hays and Randal Grichuk are a few righty-swinging outfielders still on the open market.

In addition to their catching pursuit, San Diego needs back-end rotation help and a replacement for Jurickson Profar in left field. They’re unlikely to achieve all of that without shedding salary in a trade of their own. Dylan Cease is their biggest trade chip. He’ll make $13.75MM in his final year of arbitration. Dealing him would be a huge hit to an already thin rotation, but they’d net MLB help in return while creating a decent chunk of short-term payroll space.

The Athletic reports that the Twins are among a number of teams that have shown interest in Cease. Vázquez obviously would not be a key piece in a trade of that magnitude, though he could be included as an ancillary part of a much larger package. As a comparison, Higashioka was probably viewed as the fifth-most valuable player in San Diego’s return from the Yankees for Juan Soto at the time of that trade.

Dodgers Sign Roki Sasaki

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Jan. 22: The Dodgers have formally announced Sasaki’s signing. Baseball America, unsurprisingly, ranked Sasaki as the new No. 1 prospect in baseball this morning.

Jan. 17: The Dodgers have landed another star out of Japan. Roki Sasaki announced on Friday evening that he’s signing with Los Angeles. The Wasserman client will reportedly receive a $6.5MM signing bonus. The Dodgers have not officially announced the deal, which can be finalized at any point until the evening of January 23.

As an international amateur, Sasaki is limited to a minor league contract with a hard-capped signing bonus. He won’t immediately occupy a 40-man roster spot, though the team will certainly select him onto the MLB roster by Opening Day. In the end, it’s a fairly unsurprising result, though other outcomes seemed somewhat possible at times. The Dodgers have long been seen as the most logical landing spot for Sasaki, and though the Padres and Blue Jays tried to make surprising runs, the most likely outcome has now come to pass.

Sasaki’s free agency has been hotly anticipated for some time. He made his debut in Japan’s Nippon Professional Baseball in 2021 at the young age of 19 and went on to post outstanding results over the past few years. Thanks to triple-digit velocity on his fastball and a deadly splitter, he has managed to post a 2.10 earned run average in 394 2/3 innings over the past four years. He struck out 32.7% of batters faced and limited walks to a 5.7% clip.

That performance would have made him one of the top free agents of this or any offseason, which normally would have lined him up for a massive payday. However, Sasaki seemed determined to start his major league career as soon as possible, without much regard for money.

If he had waited until he turned 25, he would have been considered a professional under MLB rules, and thus able to sign for any amount the market would bear. That was the route taken by Yoshinobu Yamamoto, who secured a $325MM guarantee from the Dodgers last offseason.

But Sasaki is making the move now, having just turned 23 years old, meaning he is considered an amateur and thus subject to MLB’s international bonus pool system. Under that system, each team gets a set amount to spend on international amateurs annually. This year, each team gets between $5-8MM, a paltry amount compared to what Yamamoto secured. That at least made it theoretically possible that any club could sign him, since the big-spending clubs couldn’t outmuscle the smaller clubs like with many other free agents.

However, despite that theoretical even playing field, there were still many good reasons to expect the Dodgers to emerge victorious. Sasaki and his agent Joel Wolfe didn’t reveal much about the player’s preferences, but logically, the Dodgers are an attractive landing spot. They play on the West Coast, which is often appealing for players coming over from Asia simply due to the relative proximity. They have a strong track record of on-field success, having made the playoffs in each year going back to 2013 now and having just won the World Series a few months ago. They also roster a couple of other Japanese stars in Yamamoto and Shohei Ohtani.

It wasn’t known how much Sasaki would weigh those factors compared to others. Wolfe pushed back on the notion that Sasaki cared about the presence of other Japanese players. He also suggested last month that Sasaki might prefer a smaller market, on account of some friction with the media during his time in Japan.

There were some arguments to possibly consider scenarios where he would prefer to go elsewhere. The Padres could have offered a smaller market than the Dodgers and it was reported that Sasaki has a strong relationship with current Padre Yu Darvish. The Blue Jays are owned by Rogers Communications, the club’s primary broadcaster, potentially giving them the ability to lower Sasaki’s access to the media. The fact that they are the only MLB team in Canada also theoretically opened up more endorsement opportunities from Japanese companies, as opposed to sharing the L.A. market with Ohtani and Yamamoto. The Jays also had a larger international bonus pool than the Dodgers and added to it by acquiring more pool space from the Guardians in a trade earlier today.

But despite any short-term drama that played out this offseason, the most obvious thing has happened. Sasaki has joined a team that is already loaded with stars like Ohtani, Yamamoto, Mookie Betts and Freddie Freeman. 2005 was the last time the Dodgers won fewer than 80 games and now they are adding another hugely talented player into the mix.

Adding Sasaki’s talent is a huge boost to the roster but it’s also massive from a financial point of view. As an amateur, Sasaki will only be able to make the league minimum this year and until he qualifies for arbitration or signs an extension. That’s a massive thing for a club like the Dodgers, who already owe big sums of money to their aforementioned stars as well as Blake Snell, Tyler Glasnow, Teoscar Hernández and plenty of others.

It also gives them an embarrassment of riches in the rotation, at least in terms of pure talent. Their rotation mix now includes Sasaki, Ohtani, Yamamoto, Glasnow, Snell, Tony Gonsolin and Dustin May. It’s a near inevitability that Clayton Kershaw will eventually re-sign. Even with each of Gavin Stone, Emmet Sheehan, Kyle Hurt and River Ryan set to miss most or all of next season, the Dodgers’ rotation should run eight or nine names deep. Landon Knack, Justin Wrobleski, Nick Frasso and formerly touted rookie Bobby Miller are all on hand as depth starters.

It’s a staggering amount of talent for one team. The Dodgers won the World Series last year in spite of their playoff rotation. This year, the rotation should be a strength going into October. That’s despite the injury risk associated with essentially everyone in the group. Glasnow has never surpassed 134 MLB innings in a season. Yamamoto was limited to 18 starts in his first MLB season by a rotator cuff strain. Snell has only topped 130 frames twice. Kershaw, Gonsolin and May all missed most or all of last season recovering from major surgeries. Ohtani underwent elbow surgery late in 2023 and didn’t pitch last year.

Sasaki comes with plenty of durability questions in his own right. He averaged fewer than 100 innings per season over his four years in NPB. He never reached 130 innings and was limited to 111 frames across 18 appearances a year ago. Sasaki had a pair of injuries in 2024: an oblique tear and shoulder fatigue.

The Dodgers will happily take the tradeoff of some IL stints for rate dominance. Los Angeles doesn’t place much value on bulk innings. They’re content to embrace injury risk as they chase pitchers with top-of-the-rotation upside. That’s enabled in part by their resources, of course, though money isn’t a factor for Sasaki.

Every team would have been thrilled to sign Sasaki for $6.5MM. The Dodgers will also owe a $1.3MM posting fee to the pitcher’s NPB team, the Chiba Lotte Marines. The posting fee is proportional to the size of the player’s signing bonus. As Sasaki’s bonus was capped at a few million dollars, the Marines were limited to 20% of whatever he received.

It comes out to a $7.8MM investment to land Japan’s most talented pitcher. The Dodgers have signed arguably NPB’s best pitcher in consecutive offseasons. They’ll have Sasaki for the standard six-year window of team control associated with the promotion of any prospect. He’ll be slated for salaries around the league minimum for the next three seasons. He’d then go through three years of the arbitration process. MLB rules prohibit the Dodgers and Sasaki from reaching any kind of understanding regarding a contract extension to circumvent the bonus pool limits. While there’s no official cutoff for when the Dodgers could look to extend Sasaki, they cannot have any sort of unofficial long-term deal in the works right now.

The Dodgers opened this signing period tied with the Giants for the lowest bonus pool. They had $5.1462MM to spend on international amateurs on January 15. The Dodgers allowed a few of their verbal agreements with teenage prospects to lapse to keep open funds for Sasaki. They added to their pool by dealing minor league outfielder Dylan Campbell to the Phillies and sending outfield prospect Arnaldo Lantigua to Cincinnati tonight. Their precise bonus allotment isn’t known, but Sasaki will take the vast majority of the pool. That’s a trade every team would happily make for a potential plug-and-play ace.

It’s a brutal blow for fans of the other two finalists. The Padres found out this morning that they were out of the mix. They have multiple holes in their rotation and now face an even tougher challenge in the NL West. The Blue Jays finish as the runner-up on yet another marquee free agent talent. Toronto has lost out on Ohtani, Juan Soto, Corbin Burnes and Sasaki (among others) within the past two offseasons alone.

Jack Harris of the Los Angeles Times first reported the signing bonus. Image courtesy of USA Today Sports.

Padres Re-Sign Austin Davis To Minor League Deal

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The Padres are bringing back left-hander Austin Davis on a minor league contract, reports Robert Murray of FanSided. The KHG Sports Management client returns to the organization after electing free agency early in the offseason.

Davis made seven appearances for the Friars last season. The 31-year-old (32 next month) gave up eight runs across seven innings. He issued five walks and struck out six. Davis had a much better year with Triple-A El Paso. He worked 47 2/3 frames in the Pacific Coast League and managed a 3.40 ERA while striking out nearly 30% of opposing hitters. His 12.5% walk percentage was alarming, though that marked a notable step forward from the previous season. In 2023, he walked more than a quarter of batters faced in Triple-A.

Clearly, Davis’ command is not a strength. The bat-missing ability and solid minor league production is intriguing enough for San Diego to give him another non-roster opportunity. He’ll have an uphill battle to cracking the Opening Day bullpen. The Padres have a few left-handed relievers even after losing Tanner Scott.

Last winter’s free agent signees Yuki Matsui and Wandy Peralta are back for their second seasons with the team. They’ll have Adrian Morejon on the MLB roster in some capacity, though they’ve left open the possibility of giving him a chance to compete for a role in a rotation that is lacking certainty beyond the top three of Dylan Cease, Michael King and Yu Darvish. Tom Cosgrove is also on the 40-man roster but he still has an option remaining and really struggled in his MLB action last year.

MLB Conducted Investigation Prior To Roki Sasaki’s Posting

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Prior to the Chiba Lotte Marines of Nippon Professional Baseball officially posting right-hander Roki Sasaki for major league clubs last month, Major League Baseball conducted an investigation before authorizing Sasaki’s posting. Jack Harris of The Los Angeles Times reported this afternoon that MLB’s investigation was in order to “ensure the protocol agreement had been followed” and involved interviews with multiple parties. A report from Fabian Ardaya, Dennis Lin, Patrick Mooney, Ken Rosenthal, and Will Sammon of The Athletic added more details this evening, noting that the primary focus of the league’s probe was not Sasaki himself but rather the Marines. Both reports emphasize that the league found nothing that substantiated rumors of an illegal arrangement taking place.

That the league’s investigation focused on the Marines may seem somewhat surprising, but The Athletic’s report notes that the current posting system limits the payout for the Marines to just 25% of Sasaki’s total bonus. That’s a weak financial incentive for a club parting ways with its star player and represents not only a step back from the large posting fees players like Yoshinobu Yamamoto and Seiya Suzuki have garnered for their clubs in recent years but also the $20MM posting fee the Nippon Ham Fighters were able to charge in exchange for Shohei Ohtani’s services when he signed with the Angels as an international amateur under the previous posting system back in December 2017. That relative lack of financial compensation for Sasaki’s services raised concerns among league officials for the potential for an under-the-table payment.

While MLB’s investigation found no wrongdoing by any party, speculation around the game of the possibility of an handshake agreement between Sasaki and the Dodgers grew significant enough to draw a strong denial from agent Joel Wolfe of Wasserman, who represents the right-handed phenom. As described in The Athletic’s report, clubs around the game felt uncertain about Sasaki’s goals throughout his posting process as teams like the Mariners and Red Sox failed to land a meeting with the 23-year-old while large market teams like the Cubs, Yankees, and Mets did in spite of suggestions that he may prefer to avoid the spotlight.

Regardless of that confusion, it became clear earlier this week that Sasaki had narrowed things down to three finalists: the Dodgers, Padres, and Blue Jays, each of whom then visited with Sasaki in their respective cities and began to prepare their offers. According to The Athletic’s report, San Diego told Sasaki’s camp that they would be willing to trade to maximize their bonus pool and offer Sasaki the entirety of those funds while the Dodgers lined up a trade with the Phillies to add additional bonus pool money in the event that they landed Sasaki. The Blue Jays were especially aggressive in their pursuit of Sasaki, however.

While all three clubs were clearly willing to add significant bonus pool dollars in order to land Sasaki, Toronto acquired $2MM in international bonus pool space from the Guardians by taking on the majority of the money owed to center fielder Myles Straw over the next two years despite not actually having a deal in place with the right-hander. The impetus behind that trade utlimately did not work out for Toronto as Sasaki wound up choosing Los Angeles. Despit that, The Athletic’s report indicates that the Blue Jays believe Straw could be a worthwhile addition in his own right and that the money they took on to land him won’t be prohibitive as they continue to look for ways to upgrade their roster. Notably, center fielder Daulton Varsho is not expected to be ready for Opening Day and the addition of Straw could give the club some depth at the position while Varsho recovers.

Padres Sign Niko Goodrum To Minor League Deal

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The Padres have signed utility player Niko Goodrum to a minor league deal, according to the transactions log on his MLB.com profile page. The deal presumably includes an invite to big league Spring Training. MadFriars first reported the transaction earlier this week.

Goodrum, 33 next month, has participated in parts of seven MLB seasons to this point. A second-round pick by the Twins in 2010 who made his big league debut in Minnesota back in 2017, Goodrum was cut from the club’s 40-man roster and wound up signing a minor league deal with the division rival Tigers during the 2017-18 offseason. The deal proved to be quite a coup for Detroit, as Goodrum went on to become a solid utility man for the club over the next four seasons. From 2018 to 2021, Goodrum hit a decent .232/.306/.401 (90 wRC+) in 376 games. He collected 6.3 fWAR during that time while mixing in at all three outfield spots in addition to first base, second base, third base, and even shortstop.

Unfortunately, Goodrum’s performance began to tail off in his later years with Detroit, and he hit just .203/.282/.350 in his final 504 trips to the plate with the club. That led the Tigers to outright him off their 40-man roster during the 2021-22 offseason, allowing him to return to free agency. Goodrum hasn’t found consistent work in the majors since departing Detroit, though he’s remained involved in stateside ball throughout the past three years. He spent the 2022 campaign in the Astros organization but was limited to just 35 games between the major and minor leagues due to injuries. The 2023 season saw Goodrum join the Red Sox organization and hit quite well over 65 games with Triple-A Worcester. That earned him an opportunity in South Korea’s KBO league during the second half and he hit .295/.373/.387 in 50 games with the Lotte Giants.

Goodrum returned to stateside ball in 2024 and bounced between five different organizations throughout the year. Goodrum initially signed back with the Twins on a minor league deal during the 2023-24 offseason, but after not making the club’s 40-man roster he was traded to the Rays and provided with a roster spot in Tampa. Throughout the year, Goodrum bounced between the Rays, Angels, and Pirates on the waiver wire before ultimately clearing waivers and electing free agency, where he signed a minor league deal with the Orioles. Goodrum failed to hit at the big league level in 2024 with a slash line of just .103/.188/.103 in the majors, albeit in a sample size of just 33 plate appearances. Goodrum’s Triple-A numbers were far stronger, as he slashed .284/.375/.460 in 243 trips to the plate across 60 games for the Rays’, Angels’, and Orioles’ affiliates.

Now, Goodrum is moving on to his sixth organization of the past calendar year in San Diego. The Padres are facing a significant budget crunch this winter and are severely lacking in positional depth after losing Jurickson Profar, Ha-Seong Kim, Donovan Solano, and David Peralta to free agency. While Goodrum is hardly an impactful bat even in his best years, the veteran utility man’s versatility could be a major asset to the Padres off the bench this year if they enter the season without more reliable solutions to their lackluster outfield mix.

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