NL East Notes: Phillies, Harper, Finnegan, Alcantara

The Phillies are known to be looking for outfield help this winter, though moving Bryce Harper from first base back into the outfield doesn’t appear to be a consideration.  Scott Lauber of the Philadelphia Inquirer wonders if the Phils could possibly re-evaluate this stance, as Lauber feels the first base market (for both free agents and trade possibilities) is much deeper than this winter’s outfield market.  Of the top outfielders in free agency, Juan Soto seems likely to be going to one of the other big-market clubs, while Teoscar Hernandez and Anthony Santander each have the strikeout or chase rate issues that the Phillies are already looking to correct within their current lineup.  Philadelphia did have interest in Hernandez back at the 2023 trade deadline when the slugger was still a member of the Mariners, but Lauber notes that the Phils passed on Hernandez under the similar logic that Hernandez’s power wouldn’t offset his tendency to swing and miss.

Harper’s first full season as a first baseman was a success, as he posted strong defensive numbers and kept up his usual high standards at the plate.  These results have understandably left all parties satisfied with just keeping Harper at the cold corner, though Harper has expressed an openness to playing the outfield again and president of baseball operations Dave Dombrowski didn’t entirely close the door on the possibility (“I can’t say that we’d never do it, but it’s not something that we are thinking of or wanting to do“) when discussing the subject at the GM Meetings last month.

If Harper did return to his old spot in right field, Brandon Marsh and Johan Rojas would likely become the Phillies’ new center field platoon, and Nick Castellanos would presumably be shifted over to left field.  This arrangement wouldn’t exactly make for the strongest defensive outfield, even if the Phillies tried to balance out the situation by adding a stronger defender at first base.  Trading Castellanos to clear space in the outfield might be the ideal outcome, though that is obviously easier said than done considering the two years and $40MM remaining on the veteran’s contract.

More from the NL East…

  • Before the Nationals parted ways with Kyle Finnegan, the two parties at least had some talks about a new contract prior to the non-tender deadline, but the Washington Post’s Andrew Golden hears from a source that “the sides were not close to making a deal to avoid arbitration.”  Finnegan was projected by MLBTR’s Matt Swartz to earn $8.6MM in his final year of arb eligibility, as traditional counting stats like saves (Finnegan had 28 saves in 2023 and 38 saves in 2024) tend to boost a reliever’s arbitration salaries by a significant degree, regardless of Finnegan’s otherwise rather shaky secondary metrics.  It seems as though the Nationals would’ve been open to retaining the closer at a lower number, but ultimately weren’t comfortable retaining Finnegan and possibly facing a higher salary via arbitration hearing if the Nats couldn’t have potentially traded Finnegan at some later date this offseason.
  • Sandy Alcantara underwent Tommy John surgery in October 2023, and after over a year of recovery and rehab, the Marlins ace appears to be making good progress towards a return.  In a recent appearance on MLB Network Radio on SiriusXM (link to X), manager Clayton McCullough said he met with Alcantara within the last week and “he looked great, he sounded great, felt like he was really right on track at this point….All signs point to things looking very positive for the start of the season.”  The winner of the 2022 NL Cy Young Award, Alcantara threw more innings than any other pitcher in baseball over the 2019-2022 seasons as the anchor of the Marlins’ pitching staff, before that workload seemingly caught up to him late in the 2023 campaign.  Since Alcantara is owed at least $36MM over the last two years of his contract, some trade buzz will be inevitable if he looks like his old self at the start of 2025, though the rebuilding Marlins already told Alcantara last summer that they likely weren’t trading him this offseason.

MLBTR Podcast: Yusei Kikuchi, The Aggressive Angels, And The Singer/India Trade

The latest episode of the MLB Trade Rumors Podcast is now live on SpotifyApple 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 Tim Dierkes of MLB Trade Rumors to discuss…

Plus, we answer your questions, including…

  • For the Juan Soto sweepstakes, will agent Scott Boras just ask each club for its best offer? Or tell each club what others are offering to try to spur a bidding war? (20:45)
  • The Athletics are reportedly trying to have a $100MM payroll in 2025. Please come up with a plan to help them spend that money. (25:05)
  • It seems that third base is going to shape the destiny of the 2025 Mariners. How soon will they get over themselves and sign Alex Bregman or another top free agent? (29:40)
  • What do you think of the Nationalsdecision to non-tender Kyle Finnegan? (34:15)
  • What do you make of the recent reports that the Tigers and Tarik Skubal discussed an extension but didn’t get close? (38:20)

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!

Nationals Non-Tender Kyle Finnegan

The Nationals announced Friday that they’ve non-tendered closer Kyle Finnegan and fellow right-handed reliever Tanner Rainey. Both pitchers are now free agents. It’s a surprise move for the Nats, who watched Finnegan make his first All-Star team in 2024 while pacing the team with 38 saves. He’d been projected by MLBTR contributor Matt Swartz to earn $8.6MM in arbitration.

Unexpected as the move was, there’s a case to be made that Finnegan’s gaudy save totals have disproportionately inflated his value. The 33-year-old righty hasn’t been a bad reliever on a rate basis by any means, but he’s also not the shutdown weapon many might expect based on that All-Star nod and his 66 saves over the past two seasons. Finnegan pitched to a solid but unspectacular 3.68 earned run average in 63 2/3 innings this season. Despite a blazing 97.4 mph average on his fastball, Finnegan’s 22.1% strikeout rate was lower than the league average for relievers. His 8.9% walk rate was right at the league average. He’s also been fairly susceptible to home runs, serving up an average of 1.35 big flies per nine innings pitched over the past two seasons.

Hard as Finnegan throws, neither his four-seamer nor his splitter miss bats at a high level. This year’s 10.8% swinging-strike rate was below average. He’s also quite prone to hard contact, even beyond the home runs. He yielded an average exit velocity of 91.3 mph in 2024 and 92.2 mph in 2023. Over the past two seasons, a whopping 47.8% of the batted balls against him left the bat at 95 mph or greater.

Metrics like FIP (4.42), xFIP (3.91) and SIERA (3.90) simply haven’t bought into Finnegan as a premium reliever over the past two seasons, even as he’s been the Nationals’ go-to option in leverage situations. Washington has traded away most of its short-term veterans at this point but held onto Finnegan. Some have speculated that perhaps teams were unwilling to meet GM Mike Rizzo’s asking price in a trade, but today’s non-tender surely came on the heels of an effort to trade Finnegan. It’s likely that many teams around the league simply don’t feel Finnegan, at 33 years of age and with a worsening K-BB rates in three straight seasons, is worth his likely $8-9MM price tag in arbitration.

Some of that trepidation is surely borne from the fact that Finnegan pitched quite poorly in the season’s final two months. The right-hander carried a 2.32 ERA, 26% strikeout rate and 8% walk rate through late July. Over his final 21 innings, however, he was shelled for a 6.43 ERA with just a 15.7% strikeout rate and 9.6% walk rate. Finnegan didn’t experience a drop in velocity, but he was nowhere near as effective as he’d been for the first two-thirds of the season.

None of this is to say Finnegan won’t find interest now that he’s unexpectedly become a free agent. He now only costs money and a roster spot, and other clubs that are intrigued by the raw velocity on that four-seamer might well have some ideas about how to coax more swings and misses out of what’s clearly a power arm. A club willing to look past the poor finish to his 2024 season could certainly dream on the scenario of getting him back to the form he displayed leading into this year’s All-Star Game.

Finnegan probably won’t command an annual salary in the $8-9MM range like he might’ve earned in free agency, but he’s the rare non-tendered player who might also have a chance at commanding a multi-year deal at a lower rate of pay. More likely, he’ll ink a one-year deal and look to rebound before hitting the market on the heels of a stronger showing next winter. He’ll be heading into his age-34 campaign at that point — a downside of not making his MLB debut until his age-28 season.

Rainey, 31, is a far more straightforward non-tender case. The former flamethrowing reliever was a key piece of Washington’s bullpen in 2019-20, but injuries have taken their toll — most notably Tommy John surgery in 2022. Rainey pitched just one inning in ’23, and while he returned to toss 51 frames this past season, his 94 mph average fastball was nowhere near its 97.7 mph peak. He was tagged for a 4.76 ERA on the season while displaying strikeout (19%), walk (12.6%) and home run (1.41 per nine) rates that were significantly worse than league average. Swartz projected him for a $1.9MM salary in arbitration, but Rainey might need to settle for a minor league deal to show he can regain some of his pre-injury form.

National League Non-Tenders: 11/22/24

The deadline to tender a contract to arbitration-eligible players is tonight at 7pm CT. Here’s a rundown of the players on National League teams that have been non-tendered today. This post will be updated as more decisions are revealed. MLBTR contributor Matt Swartz projected salaries for all players eligible for arbitration last month. All players who are non-tendered before this evening’s deadline go directly into free agency, where they’re eligible to sign with any of MLB’s 30 clubs.

Onto the transactions…

  • The Braves non-tendered outfielder Ramón Laureano, left-hander Ray Kerr, as well as right-handers Griffin CanningHuascar Ynoa and Royber Salinas, which you can read more about here.
  • The Brewers parted ways with lefty reliever Hoby Milner, who’d been projected at $2.7MM for his final arbitration season. The typically reliable southpaw was tagged for a 4.73 ERA in 64 2/3 innings this year.
  • The Cardinals have non-tendered right-hander Adam Kloffenstein, per Jeff Jones of the Belleville News-Democrat (Bluesky link). The righty only just made his major league debut in 2024 and was not yet arb-eligible. He immediately becomes a free agent without being exposed to waivers.
  • The Cubs have non-tendered infielder Nick Madrigal, per Jesse Rogers of ESPN (X link). Madrigal has hit .251/.304/.312 for a 76 wRC+ over the last three seasons with the Cubs and was projected for a $1.9MM salary next year. Chicago also announced they non-tendered outfielder Mike Tauchman, which comes as a bit of a surprise after he reached base at a .357 clip this year. Patrick WisdomAdbert AlzolayBrennen Davis and Trey Wingenter — all of whom were designated for assignment earlier this week — were also dropped.
  • The Diamondbacks non-tendered lefty reliever Brandon Hughes, per a club announcement. The 28-year-old southpaw allowed 16 runs over 17 2/3 big league innings this year. He wasn’t eligible for arbitration but would’ve occupied a 40-man roster spot if offered a contract.
  • The Dodgers are non-tendering right-hander Brent Honeywell Jr. and left-hander Zach Logue, per Jack Harris of the Los Angeles Times (X link). Both pitchers are still in their pre-arbitration years, so this was more about the Dodgers sending them to free agency without exposing them to waivers, as opposed to cost cutting. Perhaps the club will look to re-sign them on minor league deals.
  • The Giants only made two non-tenders, parting with lefty Ethan Small and righty Kai-Wei Teng. Teng had been designated for assignment earlier in the week. Small, who was in his pre-arbitration years, spent the season in the minors or on the injured list.
  • The Marlins had zero non-tenders. They offered contracts to everyone on the 40-man roster.
  • The Mets dropped a trio of players from the 40-man roster: relievers Grant Hartwig and Alex Young and outfield prospect Alex Ramirez. Young was the only member of that group who’d been eligible for arbitration. The southpaw pitched well in a depth role, but the Mets didn’t want to keep him around at a $1.4MM projection. Hartwig made four appearances this year, while the 21-year-old Ramirez (a former top prospect) had a .210/.291/.299 showing in Double-A.
  • The Nationals announced that they have non-tendered right-hander Kyle Finnegan and Tanner Rainey, which you can read more about here.
  • The Padres dropped four players from the roster: righties Luis Patino and Logan Gillaspie, outfielder Bryce Johnson and infielder Mason McCoy. Patino, who underwent Tommy John surgery last summer, was the only member of the group who’d been eligible for arbitration. The other three cuts are simply about roster maintenance. The Padres could try to bring anyone from that group back on minor league deals.
  • The Phillies will not be tendering a contract to outfielder Austin Hays, which MLBTR covered earlier today.
  • The Pirates are expected to non-tender first baseman/outfielder Connor Joe and outfielder Bryan De La Cruz, per Alex Stumpf of MLB.com (Bluesky link). They are also non-tendering right-hander Hunter Stratton, per Noah Hiles of the Pittsburgh Post-Gazette (X link). Joe was projected for a salary of $3.2MM next year and De La Cruz $4MM. Stratton had not yet qualified for arbitration. Joe has been around league average at the plate in his career but doing more damage against lefties. De La Cruz has hit .253/.297/.407 in his career for a wRC+ of 90. Startton had a 3.58 ERA this year but his season was ended by knee surgery, giving him an uncertain path forward.
  • The Reds have non-tendered right-hander Ian Gibaut, per Gordon Wittenmyer of the Cincinnati Enquirer (Bluesky link). The righty was projected for a salary of $800K. He spent the vast majority of 2024 on the injured list due to arm trouble and only made two appearances on the season.
  • The Rockies moved on from starter Cal Quantrill and second baseman Brendan Rodgers, which MLBTR covered here.

Nationals Avoid Arbitration With Mason Thompson

The Nationals announced they’ve avoided arbitration with reliever Mason Thompson. The team did not reveal salary terms. MLBTR contributor Matt Swartz had projected him for an $800K salary that is marginally above the $760K league minimum.

Thomspon, who turns 27 in February, underwent Tommy John surgery early in Spring Training. He obviously missed the entire season but could return relatively early in 2025. A former Padres draftee, Thompson went to the Nats at the 2021 deadline in the trade that sent veteran reliever Daniel Hudson to San Diego. Thompson made 102 appearances for Washington between 2021-23. He posted a 4.57 earned run average with a middling 17.8% strikeout rate.

This was the first of the righty’s three seasons of arbitration eligibility. Washington had a nine-player arbitration class before waiving Ildemaro Vargas. Catcher Riley Adams and relievers Derek Law and Tanner Rainey are potential non-tender candidates before tomorrow evening’s deadline.

Nationals Add Robert Hassell III, Andry Lara To 40-Man Roster

The Nationals announced that they have added outfielder Robert Hassell III and right-hander Andry Lara to their 40-man roster. Both players are now protected from being selected in the Rule 5 draft, with the deadline for such moves coming at 5pm Central today. Washington’s 40-man roster count climbs to 38.

Hassell, now 23, was one of six players who went from the Padres to the Nationals in the Juan Soto blockbuster. At the time, Hassell was considered one of the top 100 prospects in the league, having been selected eighth overall in 2020 and then performing well in the lower levels of the minors.

His stock has fallen since the trade thanks to some uneven results as he has battled wrist injuries. He spent most of 2023 in Double-A, getting into 106 games at that level. His 10.9% walk rate was solid but he also struck out at a huge 31.9% clip. He produced a line of .225/.316/.324 for a wRC+ of 81. In 2024, he got into 85 games across multiple levels, lowering his strikeout rate to just 21% but his .241/.319/.328 batting line wasn’t much of an improvement.

However, he is just coming off a strong performance in the Arizona Fall League. He got 100 plate appearances there across 22 games, hitting .281/.360/.517 in those. It’s a small sample but an encouraging sign nonetheless.

Though Hassell isn’t really considered a top 100 guy anymore, it’s possible that overcoming his wrist injuries could get him back on track going forward. The Nats clearly didn’t want him to get plucked away by another club, so he’s been added to the roster today to keep him out of the Rule 5 draft.

The Nats have Dylan Crews, James Wood and Jacob Young as their likely outfield trio at the moment but Hassell will give them some optionable depth. If he performs well enough to earn his major league debut, perhaps Young could be pushed into a fourth outfielder role, though the designated hitter slot is also fairly open at the moment. That could allow enough room in the lineup for everyone but that will naturally depend on what moves the club makes in the remainder of the offseason.

Lara, 22 in January, was an amateur signing out of Venezuela who just wrapped up a breakout season in the minors. From 2021 to 2023, he posted a 4.97 earned run average across various minor league levels with a 20.8% strikeout rate and 9.2% walk rate. This past year, he made 25 starts between High-A and Double-A with a 3.34 ERA, 24.3% strikeout rate and 8.1% walk rate.

The Nats gave him a roster spot today to keep him away from other clubs. He will presumably get a bump to Triple-A at some point in 2025 and give the club some optionable starting depth. The club’s projected rotation is fairly lacking in experience, as none of MacKenzie Gore, Cade Cavalli, Jake Irvin, Mitchell Parker, DJ Herz or Jackson Rutledge has reached 400 major league innings pitched yet. Gore and Irvin are the only two of that group with more than 151 frames.

The Nats could bolster that squad by signing or trading for a veteran this winter, but if any of those in-house guys struggle or get injured, Lara will be around and battling for a shot to make his major league debut.

D’Backs, Nationals, Yankees Among Teams Interested In Christian Walker

“At least six teams…plan to aggressively pursue” free agent first baseman Christian Walker, USA Today’s Bob Nightengale writes, adding that the Yankees, Nationals, and Diamondbacks are some of the teams involved in the hunt.  The Mets are mentioned as perhaps more of a peripheral suitor, as Nightengale speculates that the Mets could chase Walker if Pete Alonso isn’t re-signed.

Ranked 13th on MLBTR’s list of the offseason’s top 50 free agents, Walker is projected for a three-year, $60MM deal, with the shorter-term nature of that contract reflecting the fact that Walker will be 34 on Opening Day.  Even as he gets deeper into his 30’s, however, Walker hasn’t shown much sign of slowing down.  Over the last three seasons, the first baseman has hit .250/.332/.481 with 95 home runs over 1880 plate appearances with Arizona, which works out to a solid 120 wRC+.  On top of that offense comes standout defense, as Walker has won the last three NL Gold Gloves and Fielding Bible awards in 2022-23 for his superb work at first base.

Because Walker will likely be getting a relatively short contract, any number of teams could conceivably be in the market for his services beyond just the usual big spenders.  This could help the Diamondbacks (who have roughly $157.5MM already on the books for 2025) stay in the bidding, and one would imagine Arizona might have some extra advantage since Walker has stated that he has enjoyed his time with the D’Backs.  Since Walker was issued a qualifying offer that he is sure to reject, a new team would have to give up draft picks and possibly international bonus pool money to sign him, whereas the Diamondbacks would face no penalty for re-signing their own free agent.

Retaining Walker would immediately patch a big hole in an Arizona lineup that could also be losing Joc Pederson and Randal Grichuk in free agency.  Pavin Smith hit well in 2024 and might be an interesting backup plan (in at least a platoon capacity) at first base if Walker left, though in the event that Walker returned, the D’Backs could then more comfortably view Smith a replacement for Pederson’s left-handed bat.

The Yankees also have a clear need at first base since Anthony Rizzo isn’t expected to be re-signed, and DJ LeMahieu has been in sharp decline over the last two seasons.  Walker would bring more pop into New York’s lineup, and shore up the infield defense that suddenly became an issue during the World Series.  (For what it’s worth, MLBTR’s Anthony Franco and Darragh McDonald both predicted Walker would sign with the Yankees within the top 50 list’s projections.)

Signing a QO-rejecting free agent comes at a particularly stiff price for the Yankees, as since they exceeded the luxury tax threshold, they’d have to give up two draft picks and $1MM in international bonus money.  This isn’t necessarily a roadblock for New York if the club particularly likes what Walker can offer, and the Yankees might have an edge of their own on the qualifying offer front since they wouldn’t have to give up picks to re-sign Juan Soto.  It has been speculated that the Yankees might turn to Alonso as the backup plan if Soto goes elsewhere, yet even in that scenario, New York might still prefer Walker due to the lower price tag and greater all-around value, as Alonso is only a passable defender.

Washington is perhaps the most interesting of the three known suitors, as unlike the D’Backs and Yankees, it has been a while since the Nats were in contention.  The club’s rebuild process has brought some very interesting younger building blocks (James Wood, CJ Abrams, Dylan Crews, MacKenzie Gore, Luis Garcia Jr., etc.) to the District, and with Wood and Crews now in the majors, there have been rumblings that the Nats are ready to turn the corner back towards contention.  Signing Walker would have some echos of the Nationals’ signing of Jayson Werth during the 2010-11 offseason, as that big-ticket addition signaled that the Nats were going to start competing after years of rebuilding.

President of baseball operations Mike Rizzo has openly stated that the Nationals are looking for more pop in the middle of the lineup, and first base is the logical position for such an upgrade.  Washington received a cumulative 0.3 bWAR from their first basemen in 2024, and the club has already started clearing space at the position by parting ways with Joey Gallo and Joey Meneses.

Since the Nationals weren’t luxury tax payors and don’t receive revenue sharing, they face the mid-range penalty for signing a qualified free agent — their second-highest 2025 draft pick and $500K in international pool money.  The overall payroll impact for Walker can be easily absorbed since Washington has only Keibert Ruiz‘s contract on the books, in addition to the two remaining years’ worth of salary still owed to Stephen Strasburg.

Mets Owner Steve Cohen To Meet With Juan Soto, Scott Boras Next Week

The Mets have been expected to line up as one of Juan Soto‘s primary suitors all winter, and after reaching out to agent Scott Boras on day one of the offseason, owner Steve Cohen is now set for an in-person visit with Soto and his agent in Southern California next week, reports Mike Puma of the New York Post. Of course, the Boras Corporation also represents key free agents like Pete Alonso, Corbin Burnes, Alex Bregman, Blake Snell, Sean Manaea, Yusei Kikuchi and Ha-Seong Kim. Whether Cohen and Boras will discuss any of those names — and whether any of those players will drop in for a sit-down with Cohen as well — remains unclear.

Little needs to be said about the potential fit for Soto in Queens. He’s among the game’s very best players and, as a free agent who’ll play next season at 26, he’s arguably the most coveted free agent since Alex Rodriguez reached the open market at the same age back in 2000. One could argue Shohei Ohtani as well, of course, but Ohtani hit the market at 29 and in the aftermath of an elbow surgery that would keep him off the mound or a full season.

The Mets, meanwhile, have one departing free agent outfielder (center fielder Harrison Bader), another who’s a free agent after next season (Starling Marte) and more than $100MM in free agent salaries coming off the books. Even with a full outfield, the Mets would likely be making a strong push for Soto. No team in MLB has a larger gap between their projected 2025 payroll and their 2024 payroll levels, nor does any team have a larger gap between their projected 2025 payroll and their all-time franchise-record payroll. Beyond that, Cohen is widely known as the wealthiest owner in the league. He’s a lifelong Mets fan who purchased the club as something of a passion project, and he immediately showed a willingness to put forth some of the largest payrolls of any team in major league history. The newly implemented fourth tier of luxury penalization is often colloquially referred to as the “Cohen tax.”

All that said, while an in-person meeting between the two parties is clearly of some significance, it’s not any indicator that there’s major traction toward a deal. Soto has heard from more than a third of the league, with even small-market clubs like the Rays reportedly doing their due diligence. It stands to reason that any club with serious interest is going to have an ownership meeting with Soto and Boras.

Yankees owner Hal Steinbrenner reportedly had a private meeting with Soto over the summer. The Dodgers, Giants, Blue Jays Nationals and others have all been mentioned as potential landing spots. Mark Zuckerman of MASNsports.com paints a reunion between Soto and his original organization as something of a long shot, but the Nats will presumably at least be on the periphery. Soto is such an uncommon free agent archetype that teams who’d normally never play for a free agent of this caliber could well throw their proverbial hats into the ring. A quick and decisive free agent process that’s resolved in mid-November feels quite unlikely.

For the Mets, Yankees and other serious bidders, however, getting an early feel for the market will be paramount. So much of any team’s offseason budget would be allocated to a Soto signing that his landing place — regardless of where it is — will have an immediate ripple effect on where those offseason dollars are spent. It wouldn’t be at all surprising if other owners, presidents of baseball operations, general managers, etc. traveled to meet with Soto and Boras in the next week or two, as the Boras Corporation feels out the early stages of interest and sets expectations for what most onlookers expect to be a historic contract — one that could set new standards in terms of net present value and average annual value (when factoring in for the deferrals on Ohtani’s contract).

And, as far as comparing Soto’s free agency to that of Ohtani, Boras unsurprisingly dismissed any such comparisons at this week’s GM Meetings and sought to put Soto in a tier unto himself. Via Puma, Boras had this to say about the comparison:

“I don’t think Ohtani has much to do with Juan Soto at all. It’s not something we discuss or consider. Juan Soto is in an age category that separates him from all. So comparability is not when you do these things for these young players.”

Rays Among Teams To Have Reached Out To Soto

The Rays are among the teams that have reached out to Juan Soto’s camp since the opening of free agency last week, writes Jon Heyman of the New York Post. Heyman lists a much less surprising additional six teams that have shown interest: the Yankees, Mets, Dodgers, Giants, Blue Jays and Red Sox.

The mere mention of the Rays as a possible Soto suitor is going to be met with plenty of skepticism. It’d be a shock if they made a legitimate push for the market’s top free agent. The Rays have tried to land an elite free agent at least once before, as they reportedly made an offer in the $150MM range to Freddie Freeman before he signed with the Dodgers. That wasn’t too far off the price Freeman ultimately landed, but any offers to Soto would be in a different stratosphere. He should handily top $500MM and could secure a contract between $600MM and $700MM.

While it’s fair to assume the Rays themselves aren’t optimistic about their chances, this is illustrative that they have some money to at least dabble in the middle of free agency. The Rays opened this past season with a payroll around $98MM, per Cot’s Baseball Contracts. They’ve got a little less than $40MM in guaranteed commitments for next year (assuming Wander Franco remains on the restricted list and is not paid). Their arbitration class is projected around $25MM, though they could knock that to the $15MM range with a few non-tenders. Trades of Brandon Lowe or Yandy Díaz would subtract another $10.5MM or $10MM, respectively.

None of that is to say they should be perceived as a realistic threat to the big-market teams on Soto. They’ll probably be more active in free agency than many fans might expect given their general spending habits, though. Another mid-tier strike akin to the $40MM Zach Eflin deal from two offseasons ago could be on the table. Any free agent pursuits are complicated by their uncertain stadium situation after Tropicana Field was severely damaged by Hurricane Milton.

The other teams known to have some interest in Soto are all expected. The Yankees and Mets are widely perceived as the favorites. The Dodgers are at least tied to virtually every free agent of note. The news that Mookie Betts is likely moving back to the middle infield is going to fuel speculation about L.A. making a run at Soto. Giants baseball operations president Buster Posey has spoken about wanting to land a star. The Blue Jays were in the running for Shohei Ohtani last winter. The Red Sox have indicated they could be more active in free agency than they’ve been over the past few winters, although a splash in the rotation market seems much likelier than them landing Soto.

The New York Post reported last week that 11 teams had been in contact with Soto’s reps at the Boras Corporation on the first day of the offseason. That leaves at least four unknown clubs, though Heyman casts some doubt on the Nationals and Cubs as possibilities. Heyman suggests that Washington is unlikely to spend at the level necessary to bring Soto back. He writes that Chicago’s offseason plans are more geared towards pitching at the moment.

Soto’s free agency should carry for multiple weeks. USA Today’s Bob Nightengale wrote this afternoon that the four-time All-Star plans to have an in-person meeting with the ownership group of each team making a serious pursuit.

Joey Meneses, Ildemaro Vargas, Michael Rucker Elect Free Agency After Nationals’ Outrights

The Nationals announced that first baseman Joey Meneses, utilityman Ildemaro Vargas, and right-hander Michael Rucker are all free agents after clearing waivers and being outrighted off Washington’s 40-man roster.  Meneses was eligible for minor league free agency, while Vargas (due to service time) and Rucker (a past outright assignment) were each eligible to elect free agency and chose to exercise that right.  The moves clear some space on the Nationals’ roster for Josiah Gray, Cade Cavalli, Mason Thompson, and Joan Adon, who were all reinstated from the 60-day injured list.

Vargas was projected for a $1.8MM salary in his third and final year of arbitration eligibility, and with a non-tender likely looming, Vargas will now get an early start on the free agent market.  The 33-year-old Vargas signed a minor league deal with Washington midway through the 2022 season and ended up hitting .257/.302/.354 over 785 plate appearances and 234 games in a Nats uniform.  Most of Vargas’ playing time came at third base, but he spent a substantial amount of time at both middle infield positions and also chipped in for a few games as a first baseman, corner outfielder, and even a mop-up pitcher in blowouts.

Meneses also broke in with the Nationals (and in MLB in general) during the 2022 season, as he stepped in as Washington’s regular first baseman once Josh Bell was traded to the Padres as part of the Juan Soto deal.  After bouncing around the minors and playing in Mexico and Japan during his long pro career, Meneses made the most of his big league debut by hitting .324/.367/.563 with 13 homers over 240 PA during the remainder of the 2022 campaign.

The magic of that unexpected breakout didn’t last, however, as Meneses had an unspectacular .275/.321/.401 slash line in 657 PA in 2023 as the Nationals’ regular DH.  This translated to a sub-replacement level -0.2 fWAR, and the number sunk to -1.0 fWAR when Meneses hit only .231/.291/.302 in 313 PA this season.  Juan Yepez and rookie Andres Chaparro look to be covering Washington’s first base situation for now, though the Nats are expected to make a play for a bigger-hitting first baseman this offseason.

Rucker’s run in the Nationals’ organization was brief, as he was only selected off waivers from the Phillies in September and he didn’t see any big league action.  Rucker hasn’t pitched in the Show since 2023, and he was limited to 30 2/3 minor league innings with Philadelphia and Washington in 2024 due to a lengthy IL stint because of an arterial vasospasm in his pitching hand.

All of Rucker’s MLB experience came with the Cubs from 2021-23, when he posted a 4.96 ERA in 123 1/3 innings out of Chicago’s bullpen.  The home run ball gave Rucker a lot of issues, though his career 3.94 SIERA, 22.6% strikeout rate, and 9.4% walk rate are all palatable.  Assuming that Rucker is now fully healthy, he’ll likely land a minor league deal with a team in need of pitching depth.

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