The biggest remaining free agent of the 2024-25 offseason is off the board. In a splashy signing Wednesday night, the Boston Red Sox and Alex Bregman agreed to a three-year, $120 million deal. There’s no shortage of things I want to say about this match of team and player, so let’s stop with this boring introduction already and get right into it.

The Team

The Red Sox needed Bregman, or someone like him, badly. Just one problem – there was no one else like him. When Dan Szymborski ran the numbers last week, he found that the Sox were one of the teams who would receive the greatest boost in playoff odds from signing Houston’s long-time third baseman. Per Dan, Bregman adds 10.8 percentage points to Boston’s chances of reaching October.

The Red Sox play in the toughest division in baseball. They have some holes in their lineup, particularly a decided lack of juice at the bottom of the order. Their bullpen projects well but is packed with uncertainty. A sure thing was just what they needed. Bregman is just that. Since his 2016 debut, he’s been the 10th-best hitter in baseball according to our measure of WAR. “Oh, but Ben, he’s old, he’s faded, he’s past his prime, no one cares about 2019.” Yeah, well, over the last four years, Bregman has been the 11th-best position player in baseball. So much for a decline phase.
Read the rest of this entry »

On Tuesday, pitchers and catchers officially reported to Camelback Ranch, the spring training home that the Dodgers share with the White Sox in Glendale, Arizona. Among the Dodgers reporting was a familiar face, that of Clayton Kershaw. According to ESPN’s Alden Gonzalez, the three-time Cy Young winner — who had entered free agency for the fourth offseason in a row — has agreed to terms with the Dodgers and will return for his 18th major league season.

For as much as the move was anticipated, the sight of Kershaw in camp was a reassuring harbinger of spring. Given his accomplishments and the slew of injuries he’s endured in recent years, the continuation of the future Hall of Famer’s career isn’t something to take for granted. The details of his contract have not been announced at this writing, and the deal is still pending a physical. Once it’s finalized, we can probably expect some incentives and mechanisms that help to lower the team’s tax hit, whether in the form of deferred money or a less lucrative player option for 2026. The Dodgers’ 40-man roster is full, but with the opening of camp, the team can transfer players to the 60-day injured list and free up roster spots. On Tuesday, they did just that in order to accommodate the return of Enrique Hernández, moving pitcher Gavin Stone, who will miss the whole season due to shoulder surgery, to the 60-day IL.

[Update: The deal became official on Wednesday, with River Ryan, who is recovering from August 2024 Tommy John surgery, transferred to the 60-day IL to make room. According to FanSided’s Robert Murray, Kershaw will receive a base salary of $7.5 million, and can max out at $16 million via incentives. He’ll receive an additional million apiece for starts 13 through 16, a roster bonus of $2.5 million for being active for at least 30 days, and additional $1 million bonuses for reaching 60 and 90 days.]

Kershaw, who turns 37 on March 19, could be a candidate for a 60-day IL slot himself, as he underwent a pair of offseason surgeries following a season in which he made just seven starts totaling 30 innings, the last of them on August 30. He was a bystander during the Dodgers’ championship run, though anyone who witnessed either the clubhouse festivities at Yankee Stadium — during which Kershaw shed his shirt — or the celebration at Dodger Stadium following their victory parade through Los Angeles can attest that he was no less exuberant about the team’s World Series win. Read the rest of this entry »

Kenley Jansen his headed back to Los Angeles, if only in name, on a one-year, $10 million contract with the Angels.

The 37-year-old four-time All-Star currently sits fourth all-time on the career saves list and leads all active pitchers in the category. Jansen famously did most of that damage in Dodger blue, and now at the twilight of his career, he returns to his old stomping grounds… ish. Like 45 minutes down the freeway from his old stomping grounds. Close enough. Read the rest of this entry »

For much of last summer, it looked as though Enrique Hernández had reached the end of the line with the Dodgers. For as popular as the team’s longtime superutilityman had been, his production was dreadful, and it seemed only a matter of time before he got caught in a numbers game as the team ran out of roster spots. Fortunately for both him and the Dodgers, a visit to the eye doctor helped, his production improved dramatically, and he had some huge moments in October while helping the Dodgers win the World Series. On Sunday afternoon, just before the Super Bowl, Hernández himself announced that he was returning to the fold.

Walking through the open door pic.twitter.com/hsd4IOpva6

— Enrique Hernández (@kikehndez) February 9, 2025

The statement refers to general manager Brandon Gomes’ words at the Dodgers’ recent FanFest. “Obviously, we’ll never close the door to Kiké,” said Gomes of the free agent, who has played a vital part on all four of the Dodgers’ World Series teams during the Dave Roberts era. Read the rest of this entry »

The Angels were the busiest team in baseball during the first month of the offseason, signing Yusei Kikuchi, Travis d’Arnaud, Kyle Hendricks, and Kevin Newman, and trading for Jorge Soler. Then, after a quiet period throughout December and January, they returned to action last week, agreeing to a one-year, $5 million pact with Yoán Moncada. He will reportedly take over for Anthony Rendon as their primary starter at third base.

Meanwhile, the Padres are waking from an even longer hibernation. While the Dodgers, Diamondbacks, and Giants have been hard at work improving their rosters this winter, the Padres have been quiet. Their only notable move prior to February was re-signing catcher Elias Díaz. On Friday, they finally broke their silence and added not just one, but two major league free agents: Connor Joe and Jason Heyward. The two are expected to share duties in left field. Joe will earn a guaranteed $1 million on his one-year deal. The terms of Heyward’s contract, while presumably quite similar, have not yet been reported.

Angels Sign Yoán Moncada

We should have seen this coming. Back in December, the Angels reportedly expressed interest in a trio of third basemen on the offseason trade market: Nolan Arenado, Eugenio Suárez, and Alec Bohm. They were also linked to a pair of big-name free agent sluggers entering their age-30 seasons: Pete Alonso and Anthony Santander. So, of course, the Angels found a way to get the best a mediocre approximation of both worlds.

Moncada has had a career trajectory that few, if any, can relate to. There was a time when his star was so bright that he was often mentioned in the same breath as fellow international phenom Shohei Ohtani. Even as a teenager, he looked like such a stud that the Red Sox shattered international signing precedent to give him a $31.5 million bonus, which cost them another $31.5 million in penalties. Less than two years later, he was such a highly regarded prospect that some wondered if the Red Sox made a fatal mistake by trading him to the White Sox for Chris Sale.

Of course, Moncada wasn’t the first prospect to garner so much hype, nor was he the first top prospect who failed to reach his full potential. What makes him so interesting is that he did discover his ceiling – he just couldn’t stay there. In 2019, his age-24 campaign, Moncada played 132 games, swatted 25 homers, swiped 10 bases, and produced a 139 wRC+ en route to a 5.2-WAR season. That’s the kind of player the Red Sox thought they were signing when they gave him a record-setting bonus. That’s the kind of player the White Sox thought they were acquiring when they gave up one of the greatest starting pitchers of this generation to get him.

Sad to say, Moncada has never been that kind of player again. Everyone has a theory about the cause of his decline, from long COVID to the deadened ball, but regardless of the explanation, the fact of the matter is that Moncada was not able to make a consistent impact for the White Sox from 2020-24. His bat dropped off a cliff in 2020. He bounced back to post 3.7 WAR in 2021, but after that, injuries and underperformance became the defining themes of his late 20s. From 2022-23, he put up an 86 wRC+ and just 2.0 WAR over 196 games.

Moncada got off to a nice start in 2024, slashing .282/.364/.410 over the first two weeks of the season before a left adductor strain forced him to the injured list. Although he was initially expected to return in July, his rehab was put on pause for six weeks in the summer, first due to whatever on earth “anticipated soreness” is and later because he was oh-so-vaguely “still kind of feeling something.” He finally got back to Chicago in mid-September, after tearing up Triple-A on a rehab assignment, only to sit on the bench for the worst team in modern baseball history.

The White Sox had a dozen more games to ride out and roughly 450 plate appearances to fill. And yet Moncada appeared in just one of those games and took just one of those trips to the plate. If you blinked at the right moments, you might not have realized he ever came off the injured list at all. Over those final 12 games, White Sox batters produced a 70 wRC+ and -0.6 WAR. Their designated hitters went 9-for-50 with a 49 wRC+. Their third basemen were even worse, going 4-for-44 with a -2 wRC+. Yet, the only work the White Sox offered Moncada was a 12th-inning pinch-running gig against the Angels on September 18. He struck out the following inning in his only plate appearance of the month. Nonetheless, he somehow finished the season as the most productive offensive performer on the team, because of course he did:

All that to say, Moncada’s performance in 2024 can’t tell us much about what to expect from him in 2025. Could he be the 5.2-WAR player we saw in 2019, or even just the 3.7-WAR player we saw in 2021? I mean, sure, I guess. He’s done it before, and he won’t even turn 30 until May. But Moncada put up 2.2 WAR over 208 games from 2022-24, and that’s the kind of player our Depth Charts projections expect him to continue to be in 2025 (1.3 WAR in 118 games). ZiPS is a little higher on him, while Steamer is a little lower, but ultimately, we’re talking about a slightly-below-average everyday player – if he can stay on the field enough to play every day. For many teams, that wouldn’t be enough to crack the starting lineup. For the Angels, however, Moncada could be a nice addition.

From about 2015 to 2020, Rendon was one of the few third basemen one might have picked over Moncada. The latter was a future superstar, but the former was already playing at that level. These days, Rendon is one of the few third baseman upon whom Moncada is, more likely than not, a meaningful upgrade. Here’s how the two compare according to several projection systems:

Saddled with unfair expectations as a teenager, Moncada has developed a bit of a reputation as a prospect bust. The truth, however, is that he was worth every penny the Red Sox paid him; they used him to get Sale, and Sale helped them win a World Series. What’s more, he gave the White Sox 13.8 WAR over parts of eight seasons and contributed to the team’s first two playoff runs since 2008. Overall, he provided Chicago about $110 million in value (using a simplistic $8 million per WAR estimate) while earning just a little over $70 million in salary. Perhaps he didn’t become everything he could have been, but he gave both of his teams more than he took. He can do the same for the Angels in 2025.

Padres Sign Jason Heyward and Connor Joe

On Opening Day in 2023, Juan Soto stood in left field for San Diego. The following season, the Padres braced for what could have been the worst downgrade since The Fresh Prince recast Aunt Viv. Jurickson Profar, he of the lowest WAR in baseball the year prior, was Soto’s replacement. The Friars dropped from first to 30th on our left field positional power rankings. Yet, things sometimes have a funny way of working out. Against all odds, the 2024 Padres had the top left fielder in the National League, according to WAR, for the second year in a row.

Unfortunately, the Padres then found themselves looking to replace their All-Star left fielder for a second consecutive winter. This time around, their solution is a platoon of the lefty-batting Heyward and the righty-batting Joe. And you know, for what it’s worth, both Heyward and Joe have better projections now than Profar did entering 2024:

To be crystal clear, those projections say far more about Profar’s remarkable 2024 season than they do about either Heyward or Joe. They do not suggest that Heyward and Joe this year are likely to outperform Profar last season. Nor do they suggest that either one of them has more upside than Profar did at this time last year. Heyward was an All-Star caliber player in his early 20s, and to his credit, he has enjoyed multiple bounce-back seasons over the past several years. Indeed, he is only two years removed from a strong 2023, when he put up a 120 wRC+ and 2.3 WAR in 124 games with the Dodgers. However, his 38th-percentile xwOBA that year suggested he was due for regression, and regress he did. Over 87 games with the Dodgers and Astros, he produced a 94 wRC+ and just 0.8 WAR in 2024. While the Padres are surely hoping to get something like the 2023 version of Heyward, a repeat of his 2024 is far more likely. He’s already 35 years old (he’ll turn 36 in August), and I’m more convinced by his overall 91 wRC+ and .301 xwOBA from 2021-24 than I am by his brief resurgence in 2023.

Joe is three years younger than Heyward but has never shown anything close to Heyward’s All-Star ceiling. In fact, he has never even had a year as strong as Heyward’s 2023. (There’s a reason the Pirates non-tendered Joe rather than pay his projected $3.2 million arbitration salary.) All things considered, Joe’s production over the first four proper seasons of his career has been pretty similar to Heyward’s declining performance in the same time frame. Joe has been the more consistent hitter, but Heyward makes up the difference as a better baserunner and outfield defender:

Heyward is used to working in a platoon; since 2021, only 12.9% of his plate appearances have come against left-handed pitchers. Joe, on the other hand, could benefit from less exposure to opposite-handed hurlers. He has a career 107 wRC+ against lefties and a 91 wRC+ against righties. His managers in Colorado and Pittsburgh made an effort to shield him from right-handed pitching, but they haven’t had enough quality options to use him in a genuine platoon role; 38.2% of his career plate appearances have come against lefties. Excluding his eight-game cup of coffee with the Giants in 2019, when 14 of his 16 plate appearances came against lefties, he has never had a season in which the majority of his plate appearances have come with the platoon advantage.

Are the Padres such a team to change that? They should be, although that is contingent on their making further additions. Ideally, Heyward would take the bulk of the work in left field, health allowing, while Joe would handle the short side of the platoon. However, the Padres might need Joe for more than just outfield duties – and more than just a platoon role. Considering his defensive success at first base (5 DRS, 2 FRV in 170 career games), and the massive hole San Diego has at designated hitter, I wouldn’t be surprised to see Joe playing plenty of first with Luis Arraez as the DH. Joe’s projected 95 wRC+ (per Steamer) against right-handers would be pitiful at first base, but the Padres don’t currently have many better options for either first base or DH — whichever position that Arraez is not occupying. The only player on their 40-man roster with a higher projected wRC+ against righties who isn’t already penciled into the lineup at a different position is Tirso Ornelas, a prospect who has yet to make his MLB debut.

If San Diego is going to beat its 33.2% playoff odds without making any major additions, it will need someone to step up to replace its most productive hitter from 2024. If that hero exists, it almost certainly won’t be Heyward or Joe. Instead, that production will need to come from Fernando Tatis Jr., Xander Bogaerts, Manny Machado, or, in a best-case scenario, some combination of all three. Still, Heyward and Joe are proven big league players, and there’s no doubt the Padres needed more of those on their roster. And hey, you never know. It’s not so long ago we were saying the same thing about Profar.

Tommy Pham is on the move again. The well-traveled outfielder reportedly agreed to a one-year, $4.025 million deal with the Pirates on Thursday, meaning that he’ll join his ninth team over the past five seasons and the 10th of his 12-year career. Past experience suggests he should probably rent instead of buy.

Pham, who will turn 37 on March 8, spent time with three different teams in 2024. Despite a very solid 2023 showing — .256/.328/.446 (109 wRC+) with 16 homers, 22 steals, and 1.9 WAR — with the Mets and Diamondbacks, he went unsigned through spring training before finally inking a deal with the White Sox in mid-April. He escaped their record-setting futility when he was traded back to the Cardinals (who originally drafted him in 2006) as part of the three-way swap that sent Michael Kopech and Tommy Edman to the Dodgers, and then was plucked off of waivers by the Royals on August 31. At least he’s gotten back-to-back trips to the postseason thanks to all that moving around.

Whether it was because he missed spring training, never stayed in one place for long, or was increasingly subject to the ravages of aging — spending time around those White Sox and Cardinals teams could take years off a man’s life — Pham did not play well in 2024. He hit just .248/.305/.368, setting career lows in on-base percentage and walk rate (7.3%) as well as a full-season low in slugging percentage. (He slugged .312 in 125 plate appearances during the pandemic-shortened 2020 season.) He was basically replacement level in 2024, and his 91 wRC+ fit into the weird pattern he’s shown over the past half-decade, with above-average seasons in odd-numbered years and below-average seasons in even-numbered ones. Maybe that bodes well for the Buccos. Read the rest of this entry »

Pete Alonso is going back to the Mets. It always felt like the most likely outcome, and to be honest, it would’ve been super weird to see him in any other uniform. Alonso has never been the best player on the Mets, but he does the coolest and most valuable thing you can do on a baseball diamond — hit home runs — with great frequency. That, and an affable attitude that’s endeared him to the fans, has made him an institution in Queens.

Unfortunately, there was something of a disagreement over what all those contributions were worth. Alonso returns to his team of origin on a front-loaded two-year, $54 million contract that features an opt-out. If Alonso does what he’s done his whole career, he can test free agency again next winter, having pocketed $30 million. That’s a handsome one-year salary for any player, but far, far short of Alonso’s expectations. Read the rest of this entry »

Major league job boards don’t exist, at least not for players. You can’t walk past some mythical player’s union clubhouse, see a sign that says “Team seeking middle reliever, please tear off a number and call it to apply,” and find a job that way. The team calls you, or emails your agent, and they do that after working up their own list of targets independently. Or at least, that’s what they tell us. But after seeing the Minnesota Twins acquire the same type of player for the third year running, as they did in signing Harrison Bader to a one-year deal this week, I’m not so sure.

Bader’s deal is for one year and $6.25 million, with bonuses that could kick in another $2 million. That’s a reasonable deal for a quality backup, and that’s exactly what Bader looks like. He’s put up between 300 and 450 plate appearances in six of the past seven seasons – the only year he missed that mark was in the COVID-shortened 2020 campaign. At first, that was because he couldn’t stay on the field, but in recent years, he’s turned into a defensive specialist and righty platoon bat.

How much do the Twins like those two roles? Well, in 2023, they traded for Michael A. Taylor, a defensive specialist and righty platoon bat, and then gave him 110 starts in center field. Sure, they had Byron Buxton, but that year Buxton never took the field, all the better to protect him from injuries. Taylor was so good that he got a new deal in free agency to head to Pittsburgh – so the Twins went out and traded for Manuel Margot, a “defensive specialist” and righty platoon bat. Read the rest of this entry »

With a 115 wRC+, the 2024 Orioles were the best offensive team in franchise history, outperforming even the most dominant Baltimore lineups from the 1960s, 70s, and 80s. Their 115 wRC+ was also good for second in the AL last season, trailing only their pennant-winning division rivals in New York. A couple thousand miles away, the Diamondbacks also finished with a best-in-franchise-history 115 wRC+. That wRC+ was good for second in the National League, trailing only Arizona’s World Series-winning division rivals in Los Angeles. How’s that for symmetry?

On Tuesday, the Birds and the Snakes continued to parallel one another, at least as far as their lineups are concerned. In the afternoon, the Orioles announced they had signed righty-batting outfielder Ramón Laureano, reportedly to a one-year, $4 million deal. Not long after, the D-backs confirmed they had re-signed righty-batting outfielder Randal Grichuk, reportedly for one year and $5 million guaranteed. Both deals also come with options for 2026. Laureano’s is a $6.5 million team option, while Grichuk’s is a $5 million mutual option with a $3 million buyout. His salary for 2025 is technically only $2 million, with that buyout making up the rest of his $5 million guarantee. There was a time when both Laureano and Grichuk were promising, multi-talented, everyday players. These days, however, they’ve each become role players with two primary jobs: handle a part-time gig in the outfield and hit well against left-handed pitching. That should be exactly what the Orioles and Diamondbacks ask them to do in 2025. Read the rest of this entry »

Hello, and welcome to another installment of Transaction Analysis: Reliever Roundup Edition. Would you like to start with a joke? What’s that? You’re foaming at the mouth because the thought of starting with a joke is so exciting that you’ve lost all control of your bodily functions? I’m so glad we’re on the same page. Here we go:

Knock, knock.

Ok, now this is where you say: Who’s there? Great job.

The left-handed middle reliever with a fastball that averages just under 91 mph, who put up 0.5 WAR last season and on Tuesday signed a one-year, $3 million deal to return to his old team in his age-35 season.

Alright, now say it with me: Which one?

Thank you for your help. I think we nailed it. On Tuesday, Jon Heyman of the New York Post reported that Danny Coulombe, who spent the 2020-2022 seasons with the Twins, had agreed to return to Minnesota. Bobby Nightengale of the Minnesota Star-Tribune reported that the deal is for one year and a $3 million. Shortly thereafter, ESPN’s Jeff Passan announced that Tim Hill, who joined the Yankees in June 2024, would be returning to the Bronx on a $2.5 million deal, plus a $3 million club option for 2026 with a $350,000 buyout clause. Wait, I probably shouldn’t have explained the joke.

Tim Hill

Starting with New York, the Yankees really needed Hill back. He’s the only left-handed pitcher in their bullpen. During the team’s 2024 World Series run, he ran a 1.08 ERA over 10 appearances and 8 1/3 innings. The team’s only other left-handed relievers were Tim Mayza, who threw 2 1/3 innings and is now a Pirate, and Nestor Cortes, who is famously a starter, certainly didn’t look comfortable in his two postseason relief appearances, and is now a Brewer.

Hill is also coming off the best stretch of his career. He started the 2024 season with the White Sox, running a 5.87 ERA over 27 appearances before being released in June. The Yankees signed him two days later, and he finished the season with a 2.05 ERA over 44 innings and 34 appearances. What was different in New York? For starters, a decent bit of luck. Hill allowed a .436 BABIP in Chicago and a .238 BABIP in New York. However, the Yankees also made some drastic changes to Hill’s pitch mix. After arriving in New York, he drastically reduced his four-seamer usage and ditched his slider almost entirely.

Hill doesn’t miss bats and he doesn’t miss the plate, which means tons of balls in play. He’s a true side-armer with an arm angle of -20 degrees, and in September and October, he leaned (even further) into that identity, throwing his sinker 80% of the time, his four-seamer 18% of the time, and his slider just 2% of the time. Although batters made louder contact than they had during his time in Chicago, Hill’s already huge groundball rate rose to 70% with the Yankees. He allowed 117 groundballs and just 18 fly balls; in seven of his 35 regular season appearances, every single ball in play that he surrendered was a grounder. You have to imagine the Yankees are hoping to run that strategy right back, encouraging Hill to lean on the sinker and let opponents beat the ball into the ground for as long as it works.

Danny Coulombe

Coulombe returns to the Twins after two seasons with the Orioles, and the need he fills is every bit as dire. The only other lefties the Twins have are Brent Headrick, who has three big league innings to his name, and Kody Funderburk, who ran a 6.49 ERA in 2024. RosterResource doesn’t have Headrick or Funderburk in their projected bullpen. As you might recall, the Minnesota bullpen’s 4.89 ERA in the second half was the third worst in baseball and a major reason that the team crashed out of playoff contention (though it’s worth noting that the bullpen’s 3.72 xFIP was actually seventh best). The need is more general, however, as Coulombe is the only player the Twins have signed to a major league deal this offseason. If that sounds somewhat familiar, you could be thinking of the trade deadline, during which time Minnesota was battling for its life and made just one move, trading for reliever Trevor Richards. To put it bluntly, this is an infuriating time to be a Twins fan.

It’s hard to know exactly what to expect from Coulombe. He has a long track record of excellence, with a 2.69 ERA over the last five seasons, 2.92 during his three seasons in Minnesota and 2.56 during his two in Baltimore. However, he’s only thrown 130 1/3 major league innings over that period, an average of just 26 per season. In 2024, Coulombe was running a 2.42 ERA and 2.86 FIP when his season was stopped in its tracks in June for surgery to remove bone chips from his elbow. He returned to make four scoreless appearances in September, but his fastball velocity dropped to just below 89 mph. The Orioles let him walk rather than pick up a $4 million option. It’s hard to imagine the Twins signing him without feeling secure in the knowledge that his velocity would bounce back up to the 91-92 range, but it’s certainly something to watch for as the season starts. Coloumbe also spent most of the 2022 season on the injured list due to a hip impingement and missed time with biceps tendonitis in 2023. Health will be a major factor in determining whether the one major league signing the Twins have made this offseason actually has an impact.

There’s also some question about just what kind of pitcher Coulombe will be with the Twins. Upon joining the Orioles in 2023, Coulombe traded his slider for a sweeper with an extra eight inches of horizontal break, ditched his changeup entirely, and introduced a cutter that replaced his four-seamer as his most-used pitch. In 2024, Coulombe threw either the cutter or the sweeper nearly 60% of the time. If there’s one thing the Twins love, it’s a four-seamer – they’ve finished in the top four in four-seamer percentage in each of the last three seasons – so it will be interesting to see whether they encourage Coulombe to stick with what worked for him in Baltimore, or get him to return to what, you know, worked for him in Minnesota.

That’s the tricky thing about Coulombe; his performance has been consistent while his availability has been anything but. Every pitcher presents some level of injury risk, and Coulombe’s stuff and profile make him not just a great fit for Minnesota, but a desperately needed addition. All the same, if the team is really only going to make one addition, might it have been wiser to choose a safer option?