The biggest domino of the offseason has fallen. Shohei Ohtani is the newest member of the Dodgers, and the discourse surrounding the unique nature of his contract could be enough to last the entire offseason. But for teams, the floodgates are now open to throw the money earmarked for Ohtani elsewhere.

Unfortunately, I don’t have Cody Bellinger or Yoshinobu Yamamoto news to report; it’s only been three days, after all. But the weekend did bring a couple more reliever signings, this time at least slightly more impactful than the wave of minor league and split contracts that characterized the early offseason.

Royals sign Will Smith to one-year, $5 million deal

Smith has been a solidly good, sometimes great reliever for a decade now, but his biggest claim to fame (aside from his name) is that he’s won rings in each of the past three World Series, each with a different club. His talents took him from Atlanta to Houston to Arlington, celebrating a championship in each city before promptly leaving for a new destination. His latest stop is a return home of sorts; Smith made his big league debut with the Royals back in 2012 as a starter, before being moved to the bullpen the next year and immediately taking off.

Smith has consistently found himself near the top of the league in strikeout rate thanks to his plus slider, which he threw nearly as much as his fastball before it was cool to do so. But he isn’t the pitcher he used to be before crossing the wrong side of 30, and his days as one of baseball’s premier late-inning arms are coming to an end. Read the rest of this entry »

Shohei Ohtani is not on a plane to Toronto. He’s not hiding in your linen closet or lurking off the coast of Jamaica in a submarine. After years of intrigue, weeks of speculation, and days of looking for signs in flight plans and sushi restaurants, it’s over. After a free agent courtship to fit the player — in other words, unique — Ohtani will be a Los Angeles Dodger.

This is hardly the most interesting outcome. There will be no reset to the competitive order, no validation of an underdog’s creative sales pitch or intriguing roster construction. The Dodgers were already one of the best and most heavily scrutinized teams in baseball, and if Ohtani doesn’t mind a bit of a commute, he won’t even have to move. But if the destination is a bit of an anticlimax, the contract is dramatic enough to pick up the slack.

Ten years, $700 million. Seven. Hundred. Million. Dollars. Read the rest of this entry »

Baseball’s version of Lebron James’ The Decision appears to have come to pass, with all-universe talent Shohei Ohtani announcing on his Instagram that he has found a new home in Los Angeles, this time with the Dodgers. The deal is for 10 years and $700 million.

While the full details of the contract’s “unprecedented” deferrals aren’t yet known, 10 years and $700 million is the mega-contract of all mega-contracts, besting the previous record by hundreds of millions of dollars. And like the Alex Rodriguez signing more than two decades ago, this will likely be the record for a while, including a possible Juan Soto deal next winter. Read the rest of this entry »

While looking back at the free agent signings I covered last winter, I noticed a bit of a pattern. On the same day Aaron Judge came to terms on a nine-year, $360 million deal with the Yankees, I wrote about Miguel Castro. On the same day Brandon Nimmo agreed to a $162 million deal with the Mets, I wrote about Matt Strahm. On the same day Yu Darvish and Bo Bichette signed contract extensions, I wrote about Pierce Johnson and Scott McGough. While the rest of the baseball world was focused on All-Stars and mega-million-dollar contracts, I found myself drawn to mid-tier relievers on small-scale deals.

We’re not farming for clicks here at FanGraphs, and I’m grateful to write for a website where I never have to come up with hot takes or misleading headlines. Thankfully, I’ve never been asked to write about one weird trick for evading the luxury tax or why dermatologists hate Gabe Kapler. Still, it’s nice when others read your work, and as much as I love them, I know middle relievers don’t rack up pageviews like middle-of-the-order bats. While I have a weakness for run-of-the-mill bullpen arms — the more ordinary the better — I know I need to resist the pull.

“Leo,” I said to myself when the offseason began. “You can’t write about so many relievers this winter. You wrote about Joely Rodríguez last year. Maybe this time you cover Eduardo Rodriguez instead?”

Flash forward to the final day of the Winter Meetings, and I’m here to write about Luis García, Adam Cimber, and Michael Tonkin. Like the 2020 Phillies, you could say I have a bullpen problem. Read the rest of this entry »

In the midst of a Winter Meetings that was fairly quiet as far as free agent signings go, the Arizona Diamondbacks and Eduardo Rodriguez came to an agreement on a four-year contract worth a guaranteed $80 million. Bouncing back from a problem-filled 2022 Detroit debut, Rodriguez was one of the reasons the Tigers maintained a position at the very edge of relevance in 2023. Through the end of May, E-Rod was a top 10 starting pitcher in the American League, posting a 2.13 ERA and 3.14 FIP over 11 starts; his 1.8 WAR ranked eighth in WAR. But his chances of sneaking into the Cy Young conversation were derailed by a finger injury that cost him a month of the season. While he got back into the rotation fairly quickly, he wasn’t quite the same in the second half, issuing more free passes and seeing his strikeout rate drop by about 20%.

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The first few days of the Winter Meetings didn’t deliver much action; at breakfast on Wednesday, Erick Fedde versus Wade Miley as the biggest signing of the meetings was a popular debate. But things picked up as the gathering ground to a close. First, the Yankees traded for Juan Soto. Next, Eduardo Rodriguez agreed to terms with Arizona. Finally, Jeimer Candelario capped the meetings off when he signed with the Reds for three years and $45 million and a team option for another year, as MLB.com’s Mark Feinsand first reported.

Part of the allure of free agency, as a fan experience, is that you never know where any given player might land, or who your team might pick up. Sure, we all have opinions on where the top guys will sign, but until they put pen to paper, or at least until Jeff Passan gets a text about their chosen destination, nothing is set in stone. But if you’d asked me to predict signings that wouldn’t happen this winter, I would have made a lazy prediction: the Reds would stay away from hitters in general and infielders in particular.

That doesn’t have anything to do with Candelario, to be clear. I think he’ll be one of the bargain signings of the offseason, a plus bat with playable defense at third base on an affordable contract. A three-year deal nets the back half of his prime without too much messiness at the end of the contract, and he’s played at a 3–4 WAR clip in three out of the past four years. He’s been the 68th-best hitter in baseball by our count over those four years, just ahead of Luis Arraez and Ketel Marte in a similar number of plate appearances, if you’re trying to calibrate that in your head. Read the rest of this entry »

Yesterday evening, ESPN’s Jeff Passan reported that the Chicago White Sox are signing KBO kickback starting pitcher Erick Fedde to a two-year, $15 million contract. Fedde had an incredible 2023 season for the NC Dinos, posting a 2.00 ERA in 180.1 IP while striking out 209 and walking just 35. He was named the KBO’s MVP and won their equivalent to the Cy Young. Read the rest of this entry »

All things considered, Craig Kimbrel’s sole season with the Phillies was pretty productive: 71 appearances, 69 innings, a 3.26 ERA, and a strikeout rate of 33.8%. Kimbrel saved 23 games in the regular season, plus the All-Star Game, plus three more in the playoffs. But the last meaningful impression he made in red pinstripes was an abject and total loss of command that cost the Phillies at least Game 4 of the NLCS, and probably Game 3 as well. Given that context, it’s not surprising Dave Dombrowski’s outfit is moving on.

Kimbrel’s new home? A team that, in Game 2 of the ALDS, scored eight runs and lost because its pitchers walked 11 batters — one short of the record for a nine-inning playoff game.

The Baltimore Orioles will be Kimbrel’s eighth stop on a road that will likely terminate in Cooperstown, and it’s fair to expect that by October this will be the sixth team for which Kimbrel will have appeared in the playoffs. At $13 million, the one-year deal represents a significant investment for the low-payroll Orioles. Not just in salary for Kimbrel, but because any trip from Philadelphia to Baltimore involves paying a fortune to drive the Delaware Turnpike. Read the rest of this entry »

As the leading lights of the baseball world sit around Nashville, Tennessee, waiting for Shohei Ohtani to choose his forever home, the reliever market finally sputtered to life on Day 2 of the Winter Meetings, with two veteran right-handers signing contracts for 2024. Kirby Yates, late of the Braves, is bound for Texas on a one-year, $4.5 million deal. Chris Devenski, meanwhile, re-signed with the Rays on a one-year deal with a team option; the first year will pay him $1 million, after which the team holds a $2 million option with a $100,000 buyout.

As much as a balky bullpen can derail an otherwise championship-caliber team, the 2023 Rangers were the kind of club that makes you think the whole thing just isn’t worth worrying about. Texas won the World Series with a relief corps that did not fit its implacable offense, posting the worst strikeout rate of any playoff bullpen. The only team whose relievers fared worse on an ERA basis was Miami, and the Marlins lasted all of two games against a Phillies lineup that thrashed them around like a hungry cat tormenting a lizard. Read the rest of this entry »

The Los Angeles Dodgers and right-hander Joe Kelly did a whole bunch of paperwork just to end up back in business together. In November, the Dodgers declined a one-year, $9.5 million option on Kelly, buying the right-hander out for $1 million and sending him into free agency. This week, the two parties agreed to terms on another contract, reportedly for one year and $8 million. Nobody likes to take a pay cut, but for Kelly, who was born in Anaheim, that’s $9 million in his pocket to stay put instead of $9.5 million – ultimately a pretty friendly outcome after the option decision didn’t go his way.

If you’ve tuned in to the postseason in the last decade, you’re probably familiar with the work of Kelly, who started a World Series game for the Cardinals in 2013, earned his first ring with the Red Sox with a dominant October in 2018, and pitched for the Dodgers in four of the last five postseasons, winning his second World Series in 2020. He helped set up a pair of future Hall of Fame closers in their only World Series seasons (so far) two years apart in Craig Kimbrel and Kenley Jansen. Since the start of his career, the only pitchers with more postseason appearances than Kelly’s 41 are Jansen, Ryan Pressly, and Aroldis Chapman:

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