Just three days ago, there was gnashing of teeth and rending of garments in the blue-and-orange tinted sectors of the New York metropolitan area. Jacob deGrom, light of the world, oppressor of batters, had taken the money and run to Texas. This was a black eye for the conspicuously moneyed regime of hedge fund billionaire Steve Cohen, who’d promised to do for the Mets what Gulf state sovereign wealth funds are doing for European soccer teams. Instead, he’d been outbid for the best pitcher in baseball, a homegrown superstar the likes of which the Mets hadn’t produced since… is it sacrilegious to say Tom Seaver?

Fear not, because the Mets have secured a hell of a fallback option. On Sunday night, former Met Carlos Baerga announced on Instagram — because sure, why not? “Carlos Baerga’s Instagram” is my favorite Bo Burnham song — that Justin Verlander was signing with the Mets for two years and $86.8 million, with a mutual option for a third year. On Monday morning, ESPN’s leading scoop man, Jeff Passan, reported substantially similar news: Verlander to New York for two years and $86 million, with a vesting option for 2025.

Depending on how you feel about Carlos Rodón, there are either two or three legitimate difference-making no. 1 starters in this year’s free-agent class. (And even a Rodón superfan such as myself will acknowledge that deGrom and Verlander are a step above.) The Mets lost one but gained another. Read the rest of this entry »

Move over, Jacob deGrom; this was the best free-agent deal of last week:

Right-handed reliever Chris Martin and the Boston Red Sox are in agreement on a two-year, $17.5 million contract, pending physical, sources familiar with the deal tell ESPN. Martin, 36, was magnificent for the Dodgers after a deadline trade and parlayed it into a multiyear deal.

— Jeff Passan (@JeffPassan) December 2, 2022

I kid, but only sort of! Obviously, deGrom is a phenomenal pitcher. The Rangers did well to court him. And this isn’t me advocating for the importance of “surplus value” or whatever vague finance jargon gets thrown around these days. I just really like Chris Martin, and I also think the Red Sox got a ton of bang for their buck for signing him.

There are also things not to like about Martin, at least on the surface. If people objected to a 35-year-old first baseman getting three years, imagine their discomfort at the sight of a 36-year-old reliever getting two years. His fastball velocity is pedestrian by modern standards, his pitch movement data isn’t eye-popping, and he doesn’t throw from an unorthodox angle to compensate. In 2021, Martin’s strikeout rate plummeted to 18%, and it’s worrisome to think he could return to such a dramatic low. When the risks are lined up like this, a two-year pact comes off as unappealing. Read the rest of this entry »

Let’s get the specifics out of the way first, so we can all gasp and react together. Jacob deGrom is now a Texas Ranger, after he signed a five-year, $185 million deal with a conditional option for a sixth year, as Jeff Passan first reported:

BREAKING: Right-hander Jacob deGrom has signed a five-year, $185 million contract with the Texas Rangers, sources tell ESPN. Physical is passed. Deal is done. Includes conditional sixth-year option that would take total deal to $222 million. Full no-trade clause. A massive haul.

— Jeff Passan (@JeffPassan) December 3, 2022

Alright, now that we’ve got that written down: gasp! I have to say, I didn’t see this coming. Earlier this week, I described deGrom as the one pitcher I’d want on the mound if humanity was going to play a single baseball game against an alien society to determine the fate of the world. Simply put, he’s the best doing it right now when he’s available.

His opponents next year won’t be aliens. In fact, they’ll be the ones who feel like they’re facing an extra-terrestrial, because the way deGrom pitches doesn’t resemble any other starter. He pumps 100 mph fastballs and hits the edges of the strike zone with frankly inhuman precision. The velocity understates how good his fastball is. Even the location understates how good his fastball is. He also induces tremendous vertical break on the ball, and his delivery means that his fastball crosses the plate at a comically shallow angle. I wouldn’t trust any characteristic-based pitching model that didn’t grade deGrom’s fastball as an 80 – it’s as good as it gets. Read the rest of this entry »

If you were hoping to see a long, drawn-out bidding war for the services of former Mets ace Jacob deGrom, you’re in for disappointment, as the Texas Rangers inked the right-hander to a five-year, $185 million contract Friday evening. The deal also includes a conditional option for a sixth year, which would bring up the total value of the deal to $222 million, and a full no-trade clause.

Are the Rangers ready to scare the Houston Astros? I frequently have differences of opinions with ZiPS, but I think the 80-82 projection the system gave the Rangers just before Thanksgiving presented a reasonable expectation of where they stood in the division. The Mariners acquired Kolten Wong and the Astros picked up José Abreu and re-signed Rafael Montero, but I don’t think it’s a stretch to think the Rangers have closed the distance from both by a couple of wins, with the potential for several more. That said, the Rangers are a flawed team with a few superstars, and they have a lot of holes that will need both more time and money to fill. Read the rest of this entry »

Matthew Boyd has been on quite the baseball journey over the last few years. After spending the bulk of his career with the Tigers as a promising member of their rotation, an unfortunate elbow injury in 2021 resulted in Detroit non-tendering him after the season. He signed a one-year deal with the Giants and spent the first half of this year rehabbing from his flexor tendon surgery. He was traded to the Mariners at the trade deadline and returned to the big leagues to pitch 13.1 innings for his hometown team in September as they worked towards breaking their infamous playoff drought.

Hear what it means to @mattboyd48 ? pic.twitter.com/lDdXd1q5yZ

— ROOT SPORTS™ | NW (@ROOTSPORTS_NW) October 1, 2022

With his childhood dream fulfilled and a clean bill of health, Boyd will now return to the Tigers on a one-year, $10 million deal with the potential for an additional $1 million in performance bonuses.

With his recent injury history, the one-year contract doesn’t come without its share of risk. And even if Boyd’s elbow is completely healthy, he wasn’t exactly the most consistent performer in Detroit. In 2019, he posted a career-best 3.2 WAR behind a 30.2% strikeout rate and an above-average walk rate. Unfortunately, both his ERA and FIP sat above 4.00 that year because he also led the league in home runs allowed. The long ball had been a consistent problem for him throughout his career, but the improvements he made to his strikeout-to-walk ratio seemed like they could offset the number of balls flying over the fence. Read the rest of this entry »

To paraphrase ILoveMakonnen, the Rays are winning, winning, winning again, so they’re spending, spending, spending. Tampa Bay threw its hat into the free agent ring Thursday night by inking right-hander Zach Eflin to a three-year, $40 million contract. That one of baseball’s most tightfisted teams would devote eight figures a year to a free agent comes as at least a mild surprise, and every time the Rays get their checkbook out some amusing historical facts bubble up to the surface.

Sure enough, the estimable Marc Topkin of the Tampa Bay Times reached into his bag and extracted a real doozy: Eflin’s $40 million deal is the largest free agent signing in franchise history by total value. Turns out the previous record-holder was, and you might want to sit down, Wilson Alvarez, who signed for $35 million over five years in the first year of the franchise’s existence.

A $40 million contract isn’t that much by the standards of modern baseball; for that matter, it’s second-pairing defenseman money for the Tampa Bay Lightning. But the signing might surprise onlookers who last saw Eflin as the third-best reliever in a Phillies bullpen that wasn’t as bad as its reputation but still wasn’t exactly the 1990 Reds. So let’s see what $40 million worth of Zach Eflin gets you these days. Read the rest of this entry »

Pitch shape is a sticky trait. And I don’t mean sticky in the spider tack way; rather, sticky in that the trait would hold year over year without volatile fluctuation. When evaluating a small sample, teams and analysts must decide what traits are worth betting on and which are just potential blips in a player’s profile. Depending on the team, there are varying levels of confidence in assessing that predicament and turning it into action. In the case of the Dodgers, there is a demonstrated confidence in their assessments that leads them to take on some risk, but they have no issue in turning that risk into a realized success.

The latest instance of that came on Tuesday, with Los Angeles reportedly agreeing to a contract with veteran pitcher Shelby Miller. The deal is a major league contract, assuring that he’ll be a contributor in the Dodgers’ bullpen from day one. That probably came as a big surprise. Miller hasn’t pitched that much in the last five years after struggling with injuries and sub-par performance. But he isn’t the same pitcher he once was, which we saw in his brief 2022 stint with the Giants, where he posted a 26.1% whiff rate on 57 fastballs thrown and showed off a semi-new slider that made an appearance in 2021 but seems to have been refined. Read the rest of this entry »

The Nationals aren’t going to make the playoffs in 2023. They probably won’t even sniff .500; unsurprisingly, the team that traded Juan Soto along with everything that wasn’t nailed down this past season isn’t quite ready to compete for division titles. That doesn’t mean they shouldn’t try to get better, though – when the next generation of Nationals stars reaches the majors, the team would prefer to have some major league pieces already in place, mirroring the vaunted Cubs and Astros rebuilds of the 2010s. To that end, the Nationals made a signing I absolutely love yesterday, snagging Jeimer Candelario on a one-year deal worth $5 million, with $1 million in incentives.

Before the 2022 season, no one would have believed you if you told them Candelario would be a free agent this winter. In 2020 and ’21, he hit a combined .278/.356/.458, good for a 125 wRC+. He backed that up with decent defense at third base; all told, he looked like a comfortably above-average player carried by his bat. Then came 2022, an abject disaster; over 124 injury-interrupted games, he hit .217/.272/.361 and saw pretty much every statistical indicator tick downwards. The Tigers chose to release him rather than go through arbitration, which MLB Trade Rumors estimated at roughly $7 million.

For the 2020 and ’21 versions of Candelario, that would be a bargain. Quite frankly, I still think it would make sense after his poor 2022 season. The Tigers didn’t share my assessment, valuing the combination of money and roster space as more important than retaining his services. I’m not quite sure I understand it – they currently have two open spots on their 40-man roster and no in-house third baseman – but their loss was Washington’s gain. Read the rest of this entry »

If the BABIP gods change their minds, the Red Sox are the first in line. Last week, they inked left-handed reliever Joely Rodríguez, formerly of the Mets, to an incentive-laden, one-year contract with a team option for 2024. If he pitches like his peripheral numbers indicate he can, the signing should prove fruitful for Boston.

Rodríguez will make a base salary of $1.5 million in 2023, with a chance to earn an additional $2.25 million in incentives. He’ll receive a $50,000 bonus if he pitches in 30 games and an extra $50,000 each for reaching the 40-, 50-, 60-, and 70-game plateaus. On top of that, he’ll earn a bigger bonus the longer he remains on the active roster — an extra $500,000 each for logging 30, 60, 90, and 120 days.

Barring a significant injury or complete meltdown, Rodríguez should easily reach 120 days of service time in 2023. In other words, that $2 million bonus is practically money in his pocket. On the other hand, the games-pitched incentive is less of a guarantee. Rodríguez pitched 50-plus games in both of the past two seasons but has yet to cross the 60-game threshold in his MLB career. He has gotten close, however, and 2023 could be the year it finally happens. With the Red Sox, not only will he find himself a little higher up on the bullpen depth chart, but there will also be more relief opportunities to go around, as Boston’s starting rotation is unlikely to pitch quite as deep into games as New York’s. All that to say, he can reasonably expect to earn the $50,000 bonus for pitching 30, 40, and 50 games, and he might pocket another $50,000 for reaching the 60-game plateau; 70 games still seems a little out of reach.

After the deal’s first year, the Red Sox have a team option for $4.25 million (with another $250,000 in games-pitched incentives). If they choose not to exercise the option, Rodríguez receives a $500,000 buyout. In short, the deal is for a minimum of one year and $2 million, with a maximum potential of two years and $8.25 million. Read the rest of this entry »

The White Sox dipped into the free-agent pool this week with their first significant move of the offseason, agreeing to terms with righty Mike Clevinger on a reported one-year, $12 million deal. For the soon-to-be-32 Clevinger, it represents an opportunity to reestablish himself as a reliable mid-rotation starter after struggling to do so with San Diego in his return from his second Tommy John surgery in 2022. For the White Sox, it means adding a relative unknown with some upside to a talented and extremely right-handed rotation featuring 2022 AL Cy Young finalist Dylan Cease, a pair of veterans in the possible last years of their contracts in Lance Lynn and Lucas Giolito, and a 26-year-old Michael Kopech, who is trying to stay healthy for a full season himself after an early-career Tommy John surgery of his own.

The move comes as a bit of a surprise this early in the offseason, with much of the starting pitcher market yet to be sorted out. The reported $12 million value of the contract is a chunk of change higher than both our crowdsourcing and Ben Clemens predicted at $8 and $9 million, respectively. There’s a lot of starting pitching out there in November, including a handful of veterans coming off strong years that might be available for a one-year contract at or around $12 million. Corey Kluber contributed a productive season in Tampa this year, as did Michael Wacha in Boston, though he may require a second year of commitment. Andrew Heaney has generated enough buzz early that he might push that budget, but he’s available. Johnny Cueto was the second most valuable pitcher on these very same White Sox, with 2.4 WAR over 158.1 IP, but at age 36 would likely come at a similarly reasonable rate. So why did Chicago instead jump the market for Clevinger? Read the rest of this entry »