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Rangers Re-Sign Nathan Eovaldi

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Nathan Eovaldi is headed back to Texas. The Rangers finalized the right-hander’s three-year free agent deal on Thursday evening. It’s reportedly a $75MM guarantee for the ACES client.

The deal includes a $12MM signing bonus that’ll be paid in $6MM in installments after the 2026 and ’27 seasons. Eovaldi’s salaries for the next three years will be $18MM, $25MM and $20MM, respectively. The backloaded contract affords Texas some short-term payroll flexibility. Eovaldi also gets a full no-trade clause.

It’s a somewhat shocking contract for the right-hander in a hot pitching market that has exceeded expectations across the board. Eovaldi is the latest pitcher to beat early offseason projections, and his guarantee significant outpaces the two-year, $44MM pact that MLBTR predicted for the righty as part of our annual Top 50 MLB Free Agents list. The fact that the Rangers went to a third year in order to land Eovaldi is particularly noteworthy, as it’s just the third time since 2010 that a pitcher entering his age-35 season or later has landed a guarantee longer than two years according to MLBTR’s Contract Tracker. Rich Hill’s three-year pact with the Dodgers is nearly a decade old at this point, and good a pitcher as Eovaldi is, he’s not a Hall of Fame-caliber talent like Max Scherzer and Jacob deGrom before him.

On the other hand, it’s worth pointing out that deGrom’s aforementioned contract was signed just two winters ago by the same Rangers club that has now brought Eovaldi back into the fold. That could suggest that Chris Young’s front office is simply more willing to roll the dice on aging pitchers they believe in compared to other organizations. If that’s the case, it’s certainly understandable that they’d choose Eovaldi to place that bet on. In his first two years with the club, the veteran right-hander provided much-needed stability to the club’s rotation with a 3.72 ERA (110 ERA+) and 3.86 FIP in 54 starts.

While those numbers may not immediately jump of the page, Eovaldi’s underlying metrics suggest he’s still among the better front-of-the-rotation options available this winter even as he starts to age. His 95.6mph average fastball velocity is still strong, and he’s still limiting walks (7.0% with the Rangers) and generating grounders (49.5% groundball rate) at a high clip. Those strong peripherals come in addition to his phenomenal resume in key moments. Eovaldi offered the Rangers a dominant six-start performance in the postseason as he helped lead the Rangers to the first World Series championship in franchise history back in 2023, when he pitched to a 2.95 ERA and struck out 26.8% of opponents in 36 2/3 innings of work to add to an impressive postseason resume from his years with the Red Sox.

It’s that stability the Rangers hope Eovaldi will continue to bring to the front of their rotation going forward. The club has a number of interesting options, ranging from the elite but oft-injured deGrom to exciting but unproven youngsters like Kumar Rocker and Jack Leiter. With Eovaldi and Andrew Heaney both ticketed for free agency this winter, however, the Rangers were left with zero pitchers who made even 20 starts for the club in 2024. That made adding a stable source of innings a priority for the club, and they’ve now done so by bringing Eovaldi back into the fold where he’ll head a rotation that also figures to feature some combination of deGrom, Rocker, Leiter, Jon Gray, Tyler Mahle, Cody Bradford, and Dane Dunning. It’s possible they’ll continue to add to that rotation mix, as Bob Nightengale of USA Today reported in the aftermath of Eovaldi’s decision that the Rangers hope to add another starter in addition to bullpen help this winter.

Those pursuits could come amid a bit of a budget crunch for the club. Reporting early this offseason suggested that the club could look to duck under the luxury tax threshold this winter. With Eovaldi back in the fold, RosterResource projects the club for a payroll just north of $219MM for tax purposes in 2025. That leaves the club with around $21MM in breathing room before they go over the first threshold, which is set at $241MM. Adding multiple relievers and another starter in free agency could be a tall order with that limited budget room unless the club is willing to deal salary elsewhere, though the trade market could also represent a way to add pitching talent at a lower financial cost.

Turning to the pitching market as a whole, the majority of top free agent starters are off the market at this point. Right-handers Corbin Burnes and Jack Flaherty are still available in terms of potential front-of-the-rotation arms, while mid-rotation pieces Sean Manaea and Nick Pivetta also remain available. Of that quartet, only Flaherty isn’t encumbered by a Qualifying Offer that would force acquiring clubs to forfeit draft capital and international bonus pool money in order to sign him. For clubs looking to avoid signing another club’s qualified free agent such as the Orioles, whiffing on Flaherty (and, in the case of Baltimore specifically, Burnes) would leave them forced to resort to back-end veterans such as Heaney and Jose Quintana or reclamation projects such as Walker Buehler in order to add starting pitching talent.

Robert Murray of FanSided first reported the Rangers were re-signing Eovaldi. Jeff Passan of ESPN was first with the three-year, $75MM terms. Evan Grant of the Dallas Morning News reported that it was a backloaded arrangement with an $18MM salary in year one. Jon Heyman of the New York Post had the specific salary breakdown and the no-trade clause.

Rangers Seeking Left-Handed Bat, Multiple Relievers

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The Rangers had an active week at the 2024 Winter Meetings, retaining righty Nathan Eovaldi on a three-year deal, signing reliever Jacob Webb and acquiring slugger Jake Burger from the Marlins. Next up on their to-do list, per Evan Grant of the Dallas Morning News, is to add a left-handed bat and multiple arms to the relief corps. Grant specifically lists Joc Pederson as an option for Texas to consider, though it’s not clear whether the two sides have had any negotiations of note to this point.

The 32-year-old Pederson (33 in April) turned in perhaps the best season of his career with the Diamondbacks in 2024. The lefty-swinging slugger hit .275/.393/.515 with 23 homers, 17 doubles, a triple and seven steals (in 11 tries) through 449 plate appearances.

Pederson fanned in 23.4% of his plate appearances — his highest mark since 2021 — but also walked at a stout 12.2% clip. As just about every club has done, the D-backs platooned him heavily. Pederson has a lengthy track record of struggling versus fellow southpaws and did so again in a tiny sample of 42 plate appearances last year. In 407 trips to the plate against right-handers, however, he mashed at a .281/.392/.531 clip — about 54% better than league average, by measure of wRC+.

Because Pederson already received a qualifying offer once in his career — he accepted a QO from the Giants following the 2022 season — he was ineligible to receive one from Arizona this winter. He won’t cost the Rangers or any other team a draft pick or future international bonus pool space. Pederson, however, can rightly seek a raise on last year’s $12.5MM salary and perhaps do so while pursuing the multi-year deal that has eluded him in what’s now been four separate trips through free agency.

Whether the Rangers have the funds to make that happens isn’t clear, but their recent spending certainly indicates there could be a path to both paying Pederson and securing the multiple relievers they’re hoping to acquire (also per Grant). RosterResource projects the Rangers at a roughly $203MM payroll with just under $220MM worth of luxury obligations. Dipping under the CBT threshold is a reported goal of the Rangers this offseason.

Be that as it may, Joel Sherman of the New York Post reported earlier in the week that Texas offered Max Fried a seven-year deal worth roughly $190MM. That $27.1MM AAV would be even higher than the $25MM AAV on Eovaldi’s $75MM deal. Between the larger-than-expected deal for Eovaldi and a spirited pursuit of Fried, it seems the Rangers were comfortable pursuing at least one big-ticket item. Pederson will surely command an eight-figure AAV of his own, but Texas could deal from its rotation depth (e.g. Tyler Mahle, Jon Gray, Dane Dunning) to drop payroll a bit.

There’s been some speculation about a possible trade of Nathaniel Lowe in the wake of the Burger acquisition — both at MLBTR and via other outlets — but moving Lowe would only subtract a left-handed bat from a team on the lookout for just such hitters. Perhaps they could trade Lowe, use some of his projected $10.7MM salary to help round out the relief corps, and look for a more affordable lefty bat in free agency or via the trade market. Looking to the trade market for affordable relief help would also make sense.

Other left-handed bats of note on the market include Max Kepler, Jesse Winker, Alex Verdugo, David Peralta, Gavin Sheets and switch-hitters Josh Bell and Carlos Santana, to name a few. The Rangers would surely like veterans Kirby Yates and David Robertson back, but both will command notable commitments — Yates possibly on a multi-year deal. Texas has also been linked to longtime Braves lefty A.J. Minter and will likely cast a wide net in searching for bullpen help, as their relatively quiet signing of Webb indicates.

Rangers Sign Jacob Webb

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3:40pm: The Rangers made it official, announcing Webb’s deal. Jeff Wilson of Rangers Today (X link) reports that it’s for $1.25MM. Webb can get to $1.5MM via incentives, per Robert Murray of FanSided (X link).

2:05pm: The Rangers are in agreement with right-hander Jacob Webb on a one-year deal, according to a report from Robert Murray of FanSided. Financial terms have not yet been reported. The Rangers have one vacancy on their 40-man roster but also have an agreement in place with right-hander Nathan Eovaldi. A corresponding move will be required once both deals become official.

Webb was a somewhat surprising non-tender by the Orioles a few weeks ago. He tossed 56 2/3 innings for the O’s in 2024, allowing 3.02 earned runs per nine. His 11.4% walk rate was on the high side but he also struck out 24.5% of batters faced.

Baltimore could have kept him around via arbitration, with MLBTR contributor Matt Swartz projecting Webb for a fairly modest $1.7MM salary next year, but the O’s evidently didn’t want him back at that price point. He was non-tendered and therefore sent to free agency without being exposed to waivers, which allowed him to sign this deal.

The Rangers are likely going to be paying Webb something in that range, so he’s a fairly low-cost addition to the bullpen. That’s a sensible move for them as relief help is a key need and the budget is a concern. Kirby Yates, David Robertson, José Leclerc, and José Ureña were the relievers with the most innings pitched for Texas in 2024 and all four are now free agents. On top of that, Josh Sborz underwent shoulder surgery that is going to keep him out of action until about midseason.

On the budgetary side of things, the club is hoping to avoid the competitive balance tax next year, which could means the most expensive relievers aren’t options for them. RosterResource pegs their CBT number at just a bit above $220MM right now, meaning they are still about $20MM away from the $241MM base threshold, but they probably want to save a bit of wiggle room for in-season moves.

Taking all that into account, it wouldn’t be a surprise to see the Rangers take fliers on a few cheap relievers, starting with this one. Webb now has 187 innings of major league experience with a 2.98 ERA, 23.5% strikeout rate and 11.1% walk rate. If he has a good year with Texas in 2025, he can be retained via arbitration for the 2026 season as well.

Details On Max Fried Bidding

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1:30pm: A’s general manager David Forst denies that the club made a push for Fried, per Martín Gallegos of MLB.com (X link)

11:55am: One of the top free agents came off the board this week when the Yankees and Max Fried agreed to a stunning eight-year, $218MM deal. Clubs like the Blue Jays and Red Sox were also known to be in the involved but Bob Nightengale of USA Today (X link) reports that the Athletics were “one of the most aggressive teams” in the bidding.

Many fans might roll their eyes at the idea of the A’s getting anywhere near a free agent of this caliber, which would be an understandable position to take. As of a couple of weeks ago, they had never given a free agent more than the $36MM they gave to Yoenis Céspedes back in 2012. They recently broke that record by giving Luis Severino $67MM, a huge jump for them but still relatively modest by league-wide standards and well below the deal that Fried got.

But the A’s have to spend some money somewhere. It was reported this week that the club may need to get its competitive balance tax number up to the $105MM range in order to avoid a grievance from the MLBPA.

That perhaps explains all the recent smoke about an upcoming payroll bump. MLBTR took a detailed look at the A’s last month, in a reporting that references reporting going back to January which hinted at a potential for greater spending. Since then, the A’s have ramped things up with the aforementioned Severino signing. They also reportedly made a strong offer to Sean Manaea, who remains unsigned.

It’s not surprising that they couldn’t get something done with Fried, as the pitching market has been hot. Fried and several other pitchers have exceeded the expectations from the start of the offseason. MLBTR predicted him for six years and $156MM but he blew past that, with guys like Severino, Frankie Montas, Matthew Boyd and other hurlers also outpacing their projections.

It’s generally expected that the A’s will have to overpay to reel in any free agent. Given that the club has been rebuilding for many years and is going to be playing the next three years in a Triple-A park in West Sacramento, no free agents will have them as a first choice. Some guys will simply go where the money is best but some may need a premium before considering the unique circumstances of joining the A’s. That may have been the case with Severino, who was predicted to earn $51MM but got far more than that.

Even if the A’s were theoretically willing to marginally top the Yankees’ offer, Fried may not have taken their money. Still, it suggests that they are still a club to watch in the remainder of the offseason. RosterResource their CBT number is currently at $78MM, so they are still well south of their reported $105MM target. That means they could factor into remaining free agents such as Manaea, Jeff Hoffman, Nick Pivetta or others. Even after adding Severino, the rotation stands out as the best way to upgrade the team while also getting their spending up, with their interest in Fried and Manaea reflecting that.

What also may be notable is that the club doesn’t seem to worried about players who rejected qualifying offers. The A’s already forfeited their third-highest pick in the upcoming draft by signing Severino since he rejected a QO from the Mets. Fried and Manaea also rejected QOs, so the interest from the A’s there suggests they may be willing to forfeit another pick.

Another route could be to acquire a player making a notable salary in trade. For instance, the Yankees now have a surplus in their rotation after signing Fried and might look to move the remainder of Marcus Stroman’s contract. He will make $18MM in 2025 and there’s an $18MM player option for 2026 if he throws 140 innings next year. Stroman arguably doesn’t have a great path to a rotation job in the Bronx but could serve as a solid veteran for the A’s.

Elsewhere in the Fried bidding, Rob Bradford of WEEI reports that the Red Sox’ offer was “significantly” lower than the Yankees. Joel Sherman of The New York Post reports that the Sox were at $190MM over seven years and may have been able to go higher, though with deferrals. Sherman adds that the Rangers were also at $190MM over seven years, though the lack of a state tax in Texas actually made that fairly comparable to the eight years and $210MM the Yankees were offering, forcing them to go higher and symbolically top the $217MM that David Price got from the Red Sox back in 2015.

It’s perhaps not surprising that the Sox fell short given how high the number ended up going, but it does highlight the fact that they haven’t been able to achieve their main offseason goal of upgrading the rotation. They also had interest in pitchers like Blake Snell and Nathan Eovaldi, who have gone elsewhere. Trade talks with the White Sox about Garrett Crochet have apparently stalled. Righty Corbin Burnes is still out there but it’s been reported that they are less likely to win that bidding than the Blue Jays or Giants.

Rangers Acquire Jake Burger

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10:15am: Both clubs announced the deal today.

12:21am: The Rangers and Marlins have reportedly agreed to a deal that’ll send corner infielder Jake Burger to Texas for a trio of prospects. Miami receives infielders Max Acosta and Echedry Vargas as well as pitching prospect Brayan Mendoza.

Burger adds an affordable bat to deepen the Texas lineup. The Rangers surprisingly struggled to produce offense this year. Texas had a .238/.305/.380 team batting line that slotted in the bottom third of the league. They finished 18th in scoring. It was a far cry from the 2023 lineup that mashed its way to a championship.

The 28-year-old Burger can step into the middle of the order. He popped 29 home runs with a .250/.306/.460 slash line over 579 plate appearances. The former first-round pick combined for 34 longballs between the White Sox and Marlins in 2023. His 63 homers over the past two seasons ties him with José Ramírez and Corey Seager for 15th in MLB.

Burger, a righty hitter, is more of a one-dimensional slugger than many of his peers at the top of the home run leaderboard. He’s a .250/.305/.488 hitter over the last two years. Burger strikes out a higher than average rate and doesn’t draw many walks, but he has gotten to his huge power against pitchers of either handedness. He’s a career .244/.298/.496 hitter against lefty pitching and carries a .253/.308/.478 slash versus right-handers.

A third baseman for most of his career, Burger divided his time fairly evenly between the infield corners in 2024. He’s a poor defender at the hot corner, where his 6’2″, 230-pound frame limits his mobility. Burger posted roughly average defensive marks at first base in nearly 500 innings. While he doesn’t project as the starter at either position in Arlington, he’s insurance at both spots. Third baseman Josh Jung has battled a litany of injuries. Nathaniel Lowe has a strong durability track record, but he’s not guaranteed to stick on the roster all year. The Rangers could think about trading Lowe, who is projected for a hefty $10.7MM arbitration salary, if they’re working with a tight budget after committing to a $25MM annual salary to retain Nathan Eovaldi.

If they hold Lowe, Burger would project as the top option at designated hitter. That’d allow the Rangers to keep Wyatt Langford in left field, while Evan Carter could slide to center field and push Leody Taveras to the bench. That’s seemingly a goal for GM Chris Young and his staff. Evan Grant of the Dallas Morning News wrote on Tuesday evening that Texas had been in contact with free agent DH Joc Pederson. That’s a far less likely fit now that Burger is in the fold.

Burger is under team control for four seasons. He finished five days shy of the cutoff to qualify for early arbitration as a Super Two player. He’ll be paid close to the league minimum for one more season before getting his first salary of significance next offseason. That’s of clear appeal to a Texas team that has a projected luxury tax number around $219MM (courtesy of RosterResource), a little more than $20MM shy of the base threshold. With a reported desire to avoid the tax and multiple holes in the bullpen they still need to address, Burger’s affordability is a big plus.

From Miami’s perspective, it’s another move to shape the roster more to the liking of second-year baseball operations leader Peter Bendix. Former general manager Kim Ng made the move to acquire Burger at the ’23 deadline. It’s possible Bendix was never enamored with the profile, as he comes from a Rays front office that placed a lot of emphasis on infield defense and versatility.

Acosta, 22, steps onto Miami’s 40-man roster. Texas selected his contract last month to keep him out of the Rule 5 draft. The Venezuelan-born infielder hit .288/.353/.425 with eight homers over 434 plate appearances at Double-A Frisco. He’s an advanced contact hitter with minimal power. Acosta has experience at both middle infield positions and could be a utility option in the near future.

Vargas, who turns 20 in February, spent the entire season at Low-A Down East. He popped 14 homers and stole 29 bases in 97 games with a .276/.321/.454 slash line. Vargas has a very aggressive plate approach but there’s a fair amount of upside in the power-speed combination for a player who has played shortstop thus far in his career.

Mendoza, a 6’0″ lefty from Venezuela, had a nice year in the low minors. The 20-year-old combined for a 2.32 earned run average through 101 innings. He struck out 26.3% of batters faced while limiting his walks to a 6.4% clip. While Mendoza hasn’t gotten much public prospect fanfare, he has the look of a potential pichability lefty.

Ken Rosenthal of the Athletic reported the Rangers were acquiring Burger for three prospects. Robert Murray of FanSided was first with Acsota’s inclusion. Christina De Nicola of MLB.com had the Vargas element, while Alden González of ESPN was first on Mendoza. Image courtesy of Imagn.

Max Fried Will Reportedly Choose Destination In Coming Days

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Left-hander Max Fried is one of the top remaining free agents but he could be coming off the board soon. Per a report from Ken Rosenthal of The Athletic, Fried is expected to pick his next club by Thursday, with the Yankees, Red Sox and Blue Jays presented as the frontrunners. Rosenthal adds that right-hander Corbin Burnes is generating interest from the same three clubs, with the Giants perhaps involved there as well but not for Fried. The Rangers are mentioned as a possibility for Fried but that’s depicted as more of a long shot, with the Angels listed alongside the Giants as cubs that are not finalists for Fried.

It’s perhaps not a coincidence that the Yankees, Red Sox and Blue Jays were finalists in the Juan Soto frenzy and are now listed as the most likely landing spots for Fried. The general expectation throughout the baseball world has been that the clubs with money to spend would focus on Soto until getting clarity on that situation, with those that missed out then pivoting to other targets. Now that Soto is going to the Mets, that seems to be how things are indeed playing out.

All three clubs are looking to make a big splash, though for different reasons. The Yankees just made it to the World Series, but suffered a deflating five-game loss to the Dodgers in which they looked clearly outmatched. They then lost last year’s big splash when Soto moved from the Bronx to Queens. The Red Sox have been dialing back payroll in recent years with lackluster results to go along with it, though now seem motivated to big big dogs again. The Jays were good during the regular season from 2020 to 2023 but suffered heartbreaking ends in each of those years, narrowly missing the playoffs in one of them with three quick postseason exits in the others. They followed that up with a dismal 2024 season that saw them fall to the basement of the A.L. East.

In different ways, each club is looking to both improve their respective rosters for next year while also perhaps mollifying a restive fanbase. Soto would have been one way of doing that but that’s now off the table.

Fried, 31 in January, has been a strong pitcher at the major league level for quite some time. He got brief big league looks in 2017 and 2018 but has been an established big leaguer for the past six seasons. From 2019 to the present, he has tossed 824 2/3 innings, allowing 3.06 earned runs per nine. His 23.8% strikeout rate and 6.4% walk rate in that time were both a bit above average while his 54.1% ground ball rate was excellent. Only Framber Valdez and Logan Webb had better ground ball rates for that time, among pitchers with at least 550 innings pitched, and Fried had a slightly better strikeout rate than those two. Fried was also a key part of Atlanta’s postseason rotations throughout that time.

There is a little bit of injury risk, as Fried was limited to 14 starts last year due to a forearm strain and had a brief IL stint in 2024 due to neuritis in that same forearm. That’s bit concerning but Fried managed to make 29 starts this year, logging 174 1/3 innings, and there hasn’t been anything to suggest he won’t be healthy for 2025.

At the start of the offseason, MLBTR predicted Fried could land a six-year deal with a $156MM guarantee, though it’s possible that Fried’s earning power has jumped since then. Pitchers like Luis Severino, Yusei Kikuchi, Frankie Montas, Matthew Boyd and Clay Holmes have outearned expectations and the massive Soto deal has perhaps altered industry spending expectations more generally.

For the Yankees, they don’t strictly need pitching. Their rotation is already fairly deep with Gerrit Cole, Carlos Rodón, Clarke Schmidt, Luis Gil, Marcus Stroman, Nestor Cortes and other options on the roster. However, Fried would certainly upgrade that group and they could then perhaps use the surplus to make a trade, with both Stroman and Cortes have been in previous rumors.

Boston’s chief baseball officer Craig Breslow has said he would like to raise the ceiling of the club’s rotation, which currently has a core three of Tanner Houck, Brayan Bello and Kutter Crawford. The Sox will get Lucas Giolito back at some point during the 2025 season, once he recovers from last year’s elbow surgery. They have depth options like Richard Fitts, Cooper Criswell and Quinn Priester but adding Fried would help the club with its aims of improving the rotation and the club more generally.

The Toronto rotation has a veteran core of Kevin Gausman, José Berríos and Chris Bassitt. It seems likely that Bowden Francis will get a shot at having a spot next year since he was so strong in the second half of 2024. Yariel Rodríguez is an option for the fifth spot but he also has plenty of relief experience and could get bumped to the bullpen. Jake Bloss is on the roster and has encouraging potential but limited experience and could be ticketed for the Triple-A rotation.

While all three clubs are looking at Fried, they have another option in Burnes. He has flashed a higher ceiling than Fried but hasn’t hit that ceiling in the past two years. From 2020 to 2022, he posted a 2.62 ERA with a 33.4% strikeout rate, 6.4% walk rate and 47.6% ground ball rate. Over the past two seasons, his 3.15 ERA has still been a strong mark but with a diminished strikeout rate of 24.3%. He is still perceived as a strong option on account of his durability and overall strong results, with MLBTR predicted him for a $200MM guarantee over seven years.

The Giants make sense for a rotation addition and seemingly prefer Burnes to Fried. Their rotation currently consists of Webb, Robbie Ray and Kyle Harrison. President of baseball operations Buster Posey said this week that Jordan Hicks will get another shot at a rotation job. Guys like Hayden Birdsong and Landen Roupp could battle for the fifth spot but getting Burnes would obviously be a boon to the group.

Both Burnes and Fried rejected qualifying offers and are therefore associated with penalties, which differ depending on who ultimately signs them. The Giants are perhaps the most interesting club in this group as they already agreed to sign QO guy in Willy Adames. Since they paid the competitive balance tax last year, that means forfeiting $1MM of international bonus pool space and two draft picks, while signing another QO would effectively double that.

The Rangers’ interest in Fried was reported previously but also characterized as more of a long shot. They definitely want rotation upgrades, including a hope of re-signing Nathan Eovaldi, but they might need more clarity on their finances. They no longer have a broadcast deal with Diamond Sports Group and have been looking into creating their own regional sports network but haven’t quite figured that all out yet. They are reportedly hoping to stay under the CBT in 2025 and they might need to make progress on the broadcast deal before throwing big money around.

The Angels are seemingly only mentioned to touch on Fried’s potential geographic preferences. Fried was born and raised in Southern California, then committed to UCLA before being drafted by the Padres. He was traded to Atlanta as a prospect and has spent his entire major league career with them so far. That club has signed many players to extensions but Fried wasn’t one of them. Rosenthal relays that some clubs feared Fried would prefer to return to the West Coast but it seems his three primary suitors are all A.L. East clubs.

Time will tell how things play out with Fried and Burnes, but it seems that the expected post-Soto domino effect might be coming to pass. As clubs pivot to plan B or plan C or plan D, guys like Fried and Burnes are seeing their markets heat up, which could potentially also impact guys like Alex Bregman, Pete Alonso and others soon as well.

Rangers Interested In Max Fried, A.J. Minter, Jonathan Loáisiga

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As the Rangers look to replace the many arms they lost to free agency this winter, three more targets have emerged: left-handed starter Max Fried, left-handed reliever A.J. Minter, and right-handed reliever Jonathan Loáisiga.

The news that Texas is interested in Fried comes from The Athletic’s Ken Rosenthal and Will Sammon. They confirm that re-signing Nathan Eovaldi remains the team’s primary goal but suggest the Rangers are considering Fried as one potential alternative. However, their interest seems to be casual, at least for now. After Corbin Burnes, Fried is arguably the top starting pitcher available in free agency. That means he’s going to command significantly more money than Eovaldi. Entering the offseason, the MLBTR staff predicted Fried would sign a six-year, $156MM deal; Eovaldi’s predicted contract was a two-year, $44MM pact. Thus, as the Rangers look to duck under the luxury tax threshold and continue to deal with TV revenue uncertainty, financial constraints could prevent them from signing any star free agents. In other words, it seems like the Rangers are keeping tabs on Fried, but a deal remains unlikely.

The bullpen is perhaps a bigger area of concern for Texas. The only four pitchers who threw more than 50 innings out of the Rangers bullpen in 2024 are all free agents: Kirby Yates, David Robertson, José Leclerc, and José Ureña. What’s more Josh Sborz is going to miss significant time again after undergoing shoulder surgery. President of baseball operations Chris Young has already made a couple of small additions, claiming Roansy Contreras off of waivers from the Angels and signing Luis Curvelo to a major league deal, but neither is the type of proven, high-leverage arm the Rangers desperately need. Ideally, the Rangers would be in the market for a bona fide closer like Tanner Scott or an All-Star talent like Jeff Hoffman. However, a lack of payroll flexibility could explain why they’re targeting a pair of bounce-back candidates instead.

Over the past five seasons, Minter has pitched to a 2.85 ERA and 3.04 SIERA in 243 innings of work for the Braves. While he only has 36 career saves, the southpaw has experience pitching late in games. He also has several years of playoff experience. In 25 postseason frames, he has a 2.88 ERA and 2.63 SIERA. The reason for hesitation when it comes to Minter, is that he spent two long stints on the injured list nursing a hip injury this past season. He ultimately needed surgery, and it’s not yet clear how soon he’ll be able to return. That said, a hip injury is far less worrisome than an arm-related issue, and Minter was highly durable from 2020-23. Only three relievers made more appearances in that time. Thus, Jon Morosi of MLB Network reports that Minter is among the “most popular” left-handed relievers on the free agent market, linking him to the Braves, Cubs, and Rangers. He was also linked to the Blue Jays earlier this offseason.

Loáisiga has not been nearly as durable as Minter throughout his career, but the upside is appealing. He was one of the top relievers in the game in 2021, putting up a 2.17 ERA and 3.01 SIERA in 70 2/3 innings for the Yankees. Unfortunately, various arm injuries have gotten in his way ever since. He dealt with shoulder inflammation in 2022, bone spurs in his elbow in 2023, and, most recently, he underwent an internal brace procedure in April 2024. The rehab timeline for an internal brace procedure is typically 10-12 months, which means Loáisiga could be back to full strength in time for Opening Day. That being the case, it’s not hard to see why he has so many suitors, including the Yankees, Mets, Blue Jays, and now, according to Jorge Castillo of ESPN, the Padres and Rangers. While it’s been a long time since Loáisiga was a reliable big league reliever, it’s easy to dream about the upside of his 98 mph sinker and lethal curveball. So, it comes as little surprise that he is expected to sign a major league deal this winter (per Castillo).

Rangers Still Pursuing Reunion With Nathan Eovaldi

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The Rangers continue to pursue a reunion with free agent starter Nathan Eovaldi, GM Chris Young confirmed today at the Winter Meetings. Evan Grant of the Dallas Morning News reports that Texas has a meeting scheduled with the right-hander’s representatives on Monday evening.

Eovaldi is one of the better unsigned pitchers in a quick-moving rotation market. Unlike Corbin Burnes and Max Fried, he’ll be limited to a relatively short-term deal. Eovaldi turns 35 in February. That’s an age at which very few free agent pitchers get three years. Using MLBTR’s Contract Tracker, we see that there are only three free agent starters 35 or older who signed for at least three years within the past decade: Jacob deGrom, Max Scherzer and Rich Hill.

MLBTR thus predicted two years at a hefty $22MM average annual value for Eovaldi. The rotation market has been quite strong early on, however, so it’s not out of the question that he gets to three years on a deal that pushes past $60MM total. Even if he’s limited to two years, it’ll very likely cost north of $20MM annually.

It’s not clear whether the Rangers would find that price palatable. They’ve scaled back spending in consecutive winters as they navigate an uncertain future with their in-market television deal. Grant reported in October that Texas was hoping to keep their luxury tax number below next year’s $241MM base threshold. RosterResource calculates the Rangers’ CBT number around $195MM. They’ve got a decent amount of flexibility, but something like $22MM annually for Eovaldi would account for nearly half the gap. Texas needs to acquire multiple relievers as well, and teams generally prefer to leave some payroll space for deadline acquisitions. A club’s luxury tax number isn’t calculated until the end of the season, so salary taken on midseason counts towards it on a prorated basis.

Eovaldi unsurprisingly has broad appeal on the market. He has gotten reported interest from the Orioles, Mets, Braves and Red Sox. He still has above-average velocity and is coming off a 3.80 ERA showing with good strikeout and walk numbers. Eovaldi also has a strong reputation for his performance in the postseason, including a 2.95 ERA over six starts during the Rangers’ 2023 World Series run.

Rangers Sign Adrian Houser To Minors Contract

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The Rangers have signed right-hander Adrian Houser to a minor league deal, according to Just Baseball Media’s Aram Leighton (via X).  The contract contains an invitation to the Rangers’ big league spring camp.

It was just under a year ago that the Mets acquired Houser and Tyrone Taylor from the Brewers, as New York president of baseball operations David Stearns looked to bolster the Mets’ roster with two familiar faces from his old position in Milwaukee.  Taylor delivered respectable production as part of New York’s outfield mix, but Houser had a much rougher time in the Big Apple, posting a 5.84 ERA over 69 1/3 innings.

Injuries to other pitchers opened the door for Houser to begin the season in the Mets’ rotation, and he temporarily moved back to starting pitching when the Mets briefly adopted a six-man rotation.  The splits were pretty stark — Houser had an 8.55 ERA in 33 2/3 innings as a starter and a 3.28 ERA in 35 2/3 innings as a reliever, with those bullpen assignments usually coming in multi-inning form.

While it seemed like Houser had found his groove as a long reliever, the Mets opted to designate him for assignment and then release him in late July.  The Cubs and Orioles each signed Houser to minor league contracts during the season but those deals failed to translate into any more big league playing time for the righty.

Houser has started 104 of his 152 career Major League games, delivering solid-to-passable results as a swingman for the Brewers for much of his career.  A grounder specialist whose career strikeout rate is only 18.5%, Houser’s results in 2024 could somewhat close the door on his usage as a starter, even if the Rangers could see value in having a swingman around as rotation depth.  Beyond just last year’s splits, Houser has a 2.32 ERA in 97 career innings as a reliever, as compared to a much less impressive 4.57 ERA in 511 2/3 frames as a starter.

Relief pitching is also a much more significant need for a Rangers team could lose most of its 2024 bullpen (Kirby Yates, David Robertson, Jose Leclerc, Jose Urena, and Andrew Chafin) to free agency, plus Josh Sborz will be out until at least the start of June due to offseason shoulder surgery.  A multi-inning reliever like Houser could eat some up valuable innings out of the bullpen, while also providing a rotation safety net.  The current Texas pitching staff of Jacob deGrom, Jon Gray, Tyler Mahle, Kumar Rocker, and Jack Leiter is full of health question marks or inexperienced arms, so in addition to depth signings like Houser, the Rangers are also hoping to re-sign at least one of Nathan Eovaldi or Andrew Heaney.

MLBTR Podcast: Blake Snell, Dodger Fatigue, And The Simmering Hot Stove

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The latest episode of the MLB Trade Rumors Podcast is now live on Spotify, Apple Podcasts, and wherever you get your podcasts! Make sure you subscribe as well! You can also use the player at this link to listen, if you don’t use Spotify or Apple for podcasts.

This week, host Darragh McDonald is joined by Steve Adams of MLB Trade Rumors to discuss…

Plus, we answer your questions, including…

  • What would the Pirates have to give to the Red Sox to get Triston Casas? (48:20)
  • Why is Cody Bellinger’s deal so tough for the Cubs to trade? (54:15)

Check out our past episodes!

The podcast intro and outro song “So Long” is provided courtesy of the band Showoff.  Check out their Facebook page here!

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