Archive for Free Agent Signing

Michael Lorenzen Is a Royal Again, This Time by Choice

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Michael Lorenzen is finally staying put. After signing one-year deals ahead of the last three seasons, and after getting traded at the deadline in each of the last two, the right-hander has played for six teams in four years. All that stops now. On Monday, a day when the temperature in Kansas City peaked at a balmy five degrees Fahrenheit, Lorenzen decided that the City of Fountains was a fine place to spend at least another half of a baseball season, agreeing to sign with the Royals on yet another one-year deal. For the first time since 2021, he’ll get to start a season in the same city where he ended the previous one. The deal is for $5.5 million plus performance escalators, and because of a $12 million mutual option for 2026 with a $1.5 million buyout clause, the guaranteed value comes to $7 million.

Despite a hamstring strain that cost him a month, Lorenzen excelled after being traded to the Royals at the 2024 deadline. In six starts and one relief appearance, he ran a 1.57 ERA over 28 2/3 innings. However, his peripherals were roughly the same before and after the move, and he mostly benefitted from the classic culprits of an unsustainable bounce: a .213 BABIP, an 89% strand rate, and a 6% HR/FB rate. The only notable change he made in Kansas City was ditching his regular slider entirely in favor of his sweeper. Over that short sample size, the move worked: The slider ran a 24% whiff rate in Texas, while the sweeper was at 41% in Kansas City.

I’m afraid I’m not done raining on Lorenzen’s parade just yet, because I have to tell you that this move terrifies me a bit. Between Texas and Kansas City, Lorenzen ran a 3.31 ERA, his best mark since 2019, when he put up a 2.92 mark as a reliever with the Reds. However, the underlying metrics were downright scary. Lorenzen’s 4.58 xERA, 4.89 FIP, and 4.95 xFIP were all his worst marks since his rookie season in 2015. The stuff models didn’t love him either: We have stuff numbers going back to 2020, and Lorenzen’s 5.10 predicted ERA from Pitching Bot and his 95 Stuff+ score were both the worst they’ve been over those five seasons. His 23.9% chase rate was the lowest of his career. His strikeout rate ticked up a tiny bit from 2023, but both it and his walk rate were among the worst of his career. Lorenzen’s four-seamer performed well, but it lost half a tick and a bit of movement. After his sinker spent the 2023 season flirting with the dead zone, in 2024 it decided to move in. Name a stat – other than BABIP, HR/FB, or strand rate – and Lorenzen was worse than his career average.

I’m sorry. That was a lot of negativity. I don’t necessarily think that Lorenzen is a lost cause, and a reunion with the Royals makes a lot of sense. They needed someone to replace the innings they lost by trading Brady Singer to Cincinnati. Also, even when he was at his best, Lorenzen routinely outperformed his peripherals. He was much more of a contact manager than a strikeout pitcher, and there’s no place better for such an approach than Kauffman Stadium. Entering his age-33 season, he no longer has above-average fastball velocity, but he throws the kitchen sink – four-seamer, sinker, changeup, cutter, slider, sweeper, curveball – and he’s still figuring out how to optimize the mix. In 2024, he brought back the cutter and curve, which he’d previously abandoned; the curve worked well and the slider didn’t. That’s useful information. He could keep throwing the sweeper more. He could stand to throw his changeup, which ran a 37% whiff rate, more as well. He also brings versatility, as he’s spent his career hopping between the rotation and the bullpen.

Speaking of versatility, there’s also the odd circumstance of Lorenzen’s two-way ambitions. He came up both a pitcher and a hitter after posting an .869 OPS with 41 home runs at Cal State Fullerton, and he has 147 major league plate appearances under his belt. A few weeks ago, Ken Rosenthal detailed a plan hatched by Lorenzen and his agent. Lorenzen would take a kitchen sink approach to free agency as well, pitching himself as a candidate to qualify as a two-way player, thereby giving his team (or, more likely, the team that trades for him at the deadline) an extra roster spot for a pitcher.

While it’s fun, the gambit was always a bit farfetched, and now that Lorenzen is returning to the Royals, it seems extremely unlikely to happen. In order to qualify, Lorenzen would need to get at least three PAs as a DH or a position player in at least 20 games. Lorenzen ran a .640 OPS in the minors, he has a career wRC+ of 84 in the majors, and he’s taken just two plate appearances over the past five seasons. Even when he was hitting, he never made it to 60 PAs in a season. The Royals just made it to the ALDS last season, and they are, in their own way, showing every indication that they intend to return to the playoffs in 2025. It’s hard to see them giving 60 PAs to a guy whose last hit came in 2019.

This is not a particularly risky move either for Lorenzen or the Royals. He’s back on a one-year contract, back in a pitcher-friendly park, and back playing for a team with which he had some success last season. The worst-case scenario is that the Royals don’t return to playoff contention and Lorenzen doesn’t pitch well enough (or hit enough, period) to get traded to his seventh team in five years. The best-case scenario involves Lorenzen throwing a couple more no-hitters and launching a couple more bombs. Of course, that worst-case scenario is far more likely than the best one, but either way, the possible benefits of this reunion far outweigh the potential pitfalls.


Dodgers Open January Transfer Market, Sign Hye-seong Kim From KBO

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Another year, another star from one of Asia’s major leagues comes over to play in Los Angeles. KBO infielder Hye-seong Kim is trading his burgundy Kiwoom Heroes uniform for Dodger blue. Kim, who turns 26 at the end of this month, has won four straight KBO Golden Glove Awards — one at shortstop, three at second base. He comes to the United States after a year in which he posted a 118 wRC+ and stole 30 bases, with career bests in home runs, RBI, strikeout rate, and slugging percentage.

What’s the price for this golden Adonis of an infielder? Just $12.5 million guaranteed over three years, plus a $2.5 million release fee due to Kim’s old club. And if the Dodgers like what they see, they can keep Kim for an another two seasons — 2028 and 2029 — for an additional $9.5 million.

How do they keep getting away with this? Read the rest of this entry »


Orioles’ Roster-Building Flaws Continue With Charlie Morton Signing

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The Orioles finally got tired of being poked with a stick to choruses of “Do something!” and signed Charlie Morton to a one-year deal worth $15 million. Will this move silence those voices? Probably not! But as Baltimore’s GM, Mike Elias seems impervious to external feedback, so those still crowing may as well be talking to a wall. Then again, maybe a wall would have a better understanding of the importance of balance when it comes to construction, making it better equipped to construct a big league roster. But more on that in a minute.

In a vacuum, signing Morton to an affordable, short-term deal is a positive addition. Though 2025 will be his age-41 season, Morton has logged at least 160 innings in each of the last four years and put up league average (or better) numbers. Given the scarcity of healthy, quality pitching over the last few years, pitchers who post are extremely valuable. And if one didn’t know Morton had already crested 40, scanning his production wouldn’t yield any obvious giveaways. He has become more of a finesse pitcher, relying on command and weak contact over strikeouts, but the shift has been subtle. Over the last four seasons, he’s thrown his curveball more than his four-seamer and his groundball rate has gradually grown, while his strikeout rate has slowly dwindled. Morton’s curve is easily his best pitch by Stuff+ at 122, and that’s what he uses to induce whiffs and groundballs. His other offerings have Stuff+ scores ranging from 72 to 86, but he locates them well and they mirror the spin of his curveball to keep hitters off balance.

As a pitcher relying on his ability to keep the ball on the ground, it would make Morton’s life easier to take the mound in front of a strong infield defense. In 2024, the Orioles infielders logged -20 OAA and -14.3 defensive runs, but there is reason to think they’ll do better moving forward. Last season’s numbers include a lot of Jordan Westburg playing second base instead of third, where he’s a much stronger defender, and Ramón Urías looking at times overcooked while covering the hot corner after Westburg went down with a fractured hand. Meanwhile, this is a young team that still has room for growth. Ryan Mountcastle’s defense at first has seen small year-over-year improvements since 2022, when he made the move from the outfield permanent. Ideally, Jackson Holliday will get settled in at second, and though Gunnar Henderson’s play at shortstop is the least of anyone’s concern, given that he’s still only 23, there’s no reason to think he’s done leveling up his game. Read the rest of this entry »


Pitcher Potpourri: Trevor Williams, Joe Ross, and Caleb Thielbar Find Homes

Brett Davis-Imagn Images, Kamil Krzaczynski-USA TODAY Sports, Matt Krohn-Imagn Images

It’s roughly the midway point of the offseason, and things are starting to slow down. Most of the headline free agents are off the board, clearing the way for the Trevor Williamses, Joe Rosses, and Caleb Thielbars of the world to find their 2025 homes.

Those guys all signed in the final days of 2024, inking modest deals for National League clubs. Here’s a little bit about all three.

Trevor Williams Re-Signs With the Washington Nationals

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Rangers Look More Balanced After Late-December Moves

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After last year’s disappointing follow-up to their 2023 World Series-winning season, the Texas Rangers jumped the first base market in December and improved the rest of their roster in the process. First, at the Winter Meetings, they acquired corner infielder Jake Burger in a trade with the Miami Marlins, a move that gave us one of Michael Baumann’s best headlines: “Everything Is Burger in Texas.”
Burger’s addition made incumbent first baseman Nathaniel Lowe expendable; sure enough, a few weeks after the Burger trade, Texas sent Lowe to the Washington Nationals for left-handed reliever Robert Garcia.

Immediately after moving Lowe, the Rangers added some thump to their lineup with the signing of Joc Pederson to a two-year, $37 million deal with a mutual option for a third season. Altogether, the three moves essentially function as a two-for-one lineup swap, one that should provide more power to this offense, and also come with the bonus of fortifying their bullpen with a solid lefty who has yet to reach arbitration. Read the rest of this entry »


Yankees Transaction Roundup: Goldschmidt and Cruz Join Bombers

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I’m sure that Yankees fans are well and truly tired of hearing about Juan Soto. We get it, he likes the other New York team more. So don’t worry, friends. I won’t mention Juan Soto, unparalleled hitting genius, after this paragraph. Sure, the ghost of Juan Soto, signer of the biggest contract in professional sports history, might inform the rest of the moves the Yankees are making. Sure, not signing superstar Juan Soto after his incandescent 2024 season makes all the rest of the team’s moves feel minor. But again, you won’t see the words “Juan Soto” after this instance, so let’s get to the moves the Yankees are making to bolster their team in the aftermath of losing one of the brightest stars in the game.

Signing Paul Goldschmidt
The Yankees are going to need some offense if they want to replace Jua – whoa, almost broke my own rule right out of the gate. Uh… the Yankees are going to need some offense, period. They were a top-heavy team last year between Aaron Judge and his running mate, name tastefully withheld. Giancarlo Stanton’s playoff surge notwithstanding, the existing roster just didn’t have that much juice beyond Judge. Sure, adding Cody Bellinger was nice, but they needed to do more. Paul Goldschmidt, signed for one year and $12.5 million, is definitely more, it’s just a question of how much after his bummer of a 2024 season. Read the rest of this entry »


The Nationals Will Be There With Josh Bell On

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Since the last time Josh Bell suited up for the Nationals on August 1, 2022, he has played for four different teams. The Nationals dealt him to the Padres alongside Juan Soto at the 2022 trade deadline. Then he became a free agent and signed a two-year, $33 million deal with the Guardians, only for Cleveland to flip him to the Marlins the following summer. He swam with the Fish for just under a year before it was Miami’s turn to cast him off at the deadline in 2024. Finally, after finishing out this past season with the Diamondbacks, Bell is returning to Washington on a one-year, $6 million contract. That closes the circle on a two-and-a-half-year expedition that took him from the East Coast to the West Coast to the Midwest to the wetlands to the desert and back to the nation’s capital. According to Google Maps, it would take you just over 166 days to walk that journey. Bell, not exactly known for his footspeed, did it in 881.

With the Gold Glover Nathaniel Lowe likely to see most of the playing time at first base, Bell should slot in as Washington’s everyday designated hitter. Bell has primarily played first throughout his career, but his defense has always been lacking, even by the standards of the position. He has never finished a season with a positive DRS, and only once has he finished with a positive OAA or FRV. In 2024, Bell ranked last among all first basemen in DRS and second to last in OAA and FRV, despite playing just 98 games at the position. As long as Lowe stays healthy, which he’s largely managed to do throughout his career, the Nationals won’t need to worry about Bell’s glove at first. Meanwhile, Bell won’t need to worry about the harsh positional adjustment for designated hitters dragging down his overall numbers. A full-time DH who plays all 162 games would finish with -17.5 Def; Bell finished with -17.8 Def in 2024. As long as he sticks at DH, things can’t get any worse.

Of course, that also means Bell’s defensive value won’t get any better. If he’s going to improve upon a replacement-level (-0.1 WAR) 2024 season, he’ll need to do it with his offense. More specifically, he’ll need to do it with his bat. Over the past four years, Bell has been the least productive baserunner in the sport, with -17.6 BsR. His best baserunning season in that span was 2021, when he finished with -3.9 BsR, eighth-worst in the majors. To put that in context, -3.9 BsR is so low that Steamer doesn’t project anyone to finish with -3.9 BsR in 2025. Heck, Steamer doesn’t have anyone else finishing below -2.9, while Bell is projected for -2.3. Bell’s baseline is such an aberration that Steamer refuses to accept it as his (or anyone’s) 50th-percentile outcome. Read the rest of this entry »


Red Sox Add Walker Buehler to Talented, Risk-Filled Rotation

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With their trade for Garrett Crochet back in early December, the Red Sox indicated their intention to aggressively compete for the AL East crown in 2025. The Yankees missing out on Juan Soto, along with the relative inaction of the Orioles and Blue Jays this offseason, has opened that window for Boston. And the Sox have continued to add talent to their pitching staff, signing Walker Buehler to a one-year deal two days before Christmas. The contract will guarantee Buehler $21.05 million, which also happens to be the exact value of the qualifying offer the Red Sox extended to Nick Pivetta and that the Dodgers declined to offer to Buehler. There’s also a $25 million mutual option for 2026 and as much as $2.5 million in performance bonuses for hitting games started thresholds.

After undergoing his second Tommy John surgery in 2022, Buehler finally returned to a major league mound last May, but he really struggled to find his footing after being sidelined for nearly two full years. A June hip injury limited him to just 16 starts and 75.1 innings, and his 5.38 ERA and 5.54 FIP were easily the worst marks of his career. Despite his summer scuffles, Buehler managed to turn things around during the playoffs. He pitched to a 3.60 ERA across 15 postseason innings, including a gutsy scoreless start in Game 3 of the World Series and the first save of his career in the decisive Game 5.

Of course, Buehler was one of the most successful young starters in baseball from 2018–21. Among all qualified pitchers during that stretch, he ranked seventh in WAR, sixth in ERA-, and eighth in FIP-. But postseason heroics aside, 2024 was a pretty miserable year for Buehler. He couldn’t find consistency with his mechanics, and that hip injury seemed to disrupt any progress he was making on that front. He was marginally better after returning from the IL in August and he was able to make a few key adjustments to his mechanics down the stretch — no doubt helping him find some limited success in October — but he entered this offseason as an enigmatic free agent. His early career success was undeniable, but his injury history and disappointing return raised a lot of questions about his ability to contribute quality innings moving forward. Read the rest of this entry »


Phillies Go for Talent Over Fit by Signing Max Kepler

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I think a lot of us overestimate the significance of geography when predicting where free agents will sign. In Max Kepler’s case, however, we all might have underestimated the role geography would play in his decision. Perhaps it was inevitable that the greatest German-born player in MLB history would head to the state with the greatest German population in the country. Lo and behold, on December 19, the all-time leader in runs, home runs, RBI, and WAR among Deutschland natives agreed to a one-year, $10 million contract with the Philadelphia Phillies.

Yet, aside from helping the Phillies pander to their fans in Germantown, it’s a little difficult to see how Kepler fits this team. Entering the offseason, many expected Philadelphia would pursue a right-handed batter to play left field who could split playing time with Brandon Marsh. Instead, they signed Kepler, who bats lefty and hasn’t played left field since his days at Double-A in 2015. What’s more, president of baseball operations Dave Dombrowski has made it clear the Phillies plan to use Kepler as an everyday player, despite the fact that injuries have kept him from playing more than 130 games in a full season since 2019.

Kepler’s limited experience in left field is the least concerning aspect of all this. Whether you look at OAA, FRV, DRS, or Baseball Prospectus’s DRP, Kepler has never been a below-average outfield defender in any season of his career. His strong track record as a right fielder, and his past experience in center, should help him adjust to left. Furthermore, Kepler might benefit from playing a position where throwing isn’t quite as important. Although his arm strength consistently ranks above the league average, he has been worth -3 throwing runs in his career, according to Baseball Savant.

Even if it won’t be a major adjustment, it’s not nothing for the Phillies to ask Kepler to re-learn a position after almost 10 years away. It makes me think of the movie line I quote more often than any other. In Moneyball, when Billy Beane tries to convince catcher Scott Hatteberg that he can play first base, Beane asks Ron Washington to tell Hatteberg that’s it not that hard. “It’s incredibly hard,” Washington replies. Read the rest of this entry »


Sean Manaea and the Mets Run It Back

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Every story written about the Mets this offseason starts with Juan Soto, but pretty much all of them immediately introduce a caveat: “They’ll also need to sign more pitching.” And it’s true! The Mets, as constituted after signing Soto, had a fearsome top of the lineup and a mystery box of a pitching staff. But they also had money, which can be exchanged for goods and services, and now they’ve given that money to Sean Manaea, who signed a three-year, $75 million deal to return to Queens last week.

Manaea was comfortably the team’s best starter in 2024. He signed a one-year prove-it deal that valued him somewhere between a swingman and a fourth starter, and he delivered the goods, to the tune of a 3.47 ERA over 181 innings of work. He got even better in the second half, adopting a new cross-fire delivery and changing the shape of his fastball for the better. A down postseason hardly put a damper on his year; the 2024 version of Manaea fulfilled the promise he’d shown since breaking into the majors in 2016.

The question, then, is whether he can do it again. There’s plenty of reason to believe he can. Manaea’s fastball plays much better from a low slot, and he misses enough bats to run an above-average strikeout rate even without a true wipeout pitch. He also got his walk rate under control in the second half of the year, which has long been a sticking point in his game. It’s not so much that Manaea’s wild, but at his best, he was running walk rates around 5%, and that number had ballooned into the 8-9% region in recent years. After changing his delivery in late July, he walked only 6.2% of opposing batters. He’s never going to strike out a gaudy number of guys, but if he isn’t issuing free passes, his stuff keeps hitters off balance and results in a lot of easy innings even without strikeouts. Read the rest of this entry »