The Hunt for Sedona Red Joctober

In the second half of the 2023 season, three players shared designated hitting duties for the Arizona Diamondbacks: Lourdes Gurriel Jr., Tommy Pham, and Evan Longoria. Three more started multiple games at DH: Dominic Canzone, Kyle Lewis, and Buddy Kennedy. By mid-November, none of those players remained with the organization. The D-backs quickly replaced Longoria, trading for veteran third baseman Eugenio Suárez in November. A few weeks later, they re-signed Gurriel. However, neither move fully addressed the hole at DH; Suárez will slot in at the hot corner, while Gurriel should start most days in left field. The Diamondbacks still needed a regular designated hitter, and late last week, they finally found their guy in Joc Pederson.
Pederson will earn $9.5 million in 2024, with a $14 million mutual option ($3 million buyout) for 2025. If both sides pick up their end of the option, the deal will max out at $23.5 million over two years, quite similar to our crowdsourced estimate of two years and $24 million. In the more likely scenario where one side or the other declines the option, Pederson will earn $12.5 million for a single year of work, almost perfectly in line with Ben Clemens’ prediction of one year and $12 million. That is to say, nothing about this contract comes as much of a shock. Read the rest of this entry »