Blue Jays Snag Last Remaining Good Starter in Hyun-Jin Ryu
This winter’s free agent class was once full of starting pitching. The offseason began with starting pitchers representing 10 of the top 20 free agents overall, and 21 of FanGraphs’ Top 50 Free Agents. After Dallas Keuchel signed with Chicago White Sox, Hyun-Jin Ryu, 40-year-old Rich Hill, and Homer Bailey were the only ranked starters remaining, and only Ryu represented a good bet for production next season. With many teams still in need of reinforcements for their rotations, competition for the lefty’s services was likely strong. Among potential contenders, the Twins and Angels presented the greatest need for a starter, but it was the Blue Jays who surprised and reached agreement on a four-year deal worth $80 million, per Jeff Passan.
Ryu will turn 33 years old in March, so the end of this contract will take him through his age-36 season. He’s got a complicated injury history (he hit the injured list again for a short time last season), but a strong 2019 combined with his status as the last man standing on the free agent market allowed him to far exceed the $48 million crowdsource median ($59 million average), as well as Kiley McDaniel’s $32 million estimate. In Ryu’s free agent capsule, Jay Jaffe noted the factors working in the left-hander’s favor, as well as those working against him, as he headed into free agency:
After being limited to 15 starts in 2018 due to a severe groin strain, the portly port-sider pitched enough innings to qualify for the ERA title for the first time since his 2013 rookie campaign. He didn’t just qualify, he led the NL with a 2.32 mark despite fading late. Through July, he posted a 1.53 ERA and 2.85 FIP, but that ballooned to 4.60 and 3.83 over the final two months, with a 10-day IL stint for neck soreness thrown in. Ryu’s success isn’t quite as enigmatic or unorthodox as his process, which includes rarely throwing bullpens between starts. Via a five-pitch arsenal, with his changeup the real star, he’s exceptional at limiting hard contact; his average exit velocity of 85.3 mph ranked in the 96th percentile, his .282 xwOBA in the 81st. His strikeout rate was a modest 22.5%, but he walked an NL-low 3.3%, so his 19.2% K-BB% ranked 12th, and his 3.10 FIP fourth. After accepting a qualifying offer last fall, he’s well-positioned for a multi-year deal despite the questions about his durability.