After missing out on Blake Snell and losing a Juan Soto bidding war to their crosstown rivals, the Yankees landed a big free agent on Tuesday, signing left-handed pitcher Max Fried to an eight-year contract worth $218 million. Fried, a first-round pick in 2012 for the Padres, had spent his entire MLB career with the Atlanta Braves after being one of the big-name prospects included in the 2014 Justin Upton trade. Fried’s contract contains no opt-outs or elevator clauses or any fancy deferral schemes to bring down the total money. The Yankees are opening their wallets to pay one of the best pitchers available a whole lot of cash. Fried’s contract is the largest for a left-handed pitcher in baseball history.

After Fried was limited to just 14 starts in 2023 due to hamstring and forearm injuries, as well as a blister on his index finger, the lefty returned to the mound last season and pitched well enough and stayed healthy enough to max out his deal in free agency. Enough is the key here because, for the second straight season, Fried missed time with a forearm injury. The more recent one, which was diagnosed as ulnar neuritis, cost him a handful of starts in July, but he returned to the rotation the first week of August. He finished the regular season strong, posting a 2.99 FIP across his final 11 starts, though he faltered against the Padres in his lone playoff appearance. All told, Fried had a solid platform season, with a 3.25 ERA and 3.33 FIP in 174 1/3 innings over 29 starts, good for 3.4 WAR and peripherals right in line with his career numbers.

If I didn’t include the eight-year projections, some of you might picket my house and eat the local chili in vengeance, so here we go.

I’m actually a bit surprised at the bearishness of the projections; ZiPS is thinking he’s worth $120 million, which is shockingly low to me. Most likely it’s from a few things. ZiPS is likely seeing something similar to what’s reflected in his xERA, which was 3.64 last season, and his contact-against numbers have declined a bit. Also complicating matters are Fried’s four IL stints over the past two years — which are keeping his projected inning totals fairly conservative. Beyond that, ZiPS has a lot more excitement for Snell’s upside than it does for Fried’s steadiness. I tend to be more optimistic than ZiPS here.

Even if Fried falls short of being the 1B to Gerrit Cole’s 1A in the rotation, some kind of signing here was necessary for the Yankees after they lost out on Snell and failed to retain Soto. Sure, the rotation wasn’t the team’s biggest problem entering the offseason, but it wasn’t exactly a highlight, either. Even with an improved Carlos Rodón during his second season in pinstripes, as well as a Rookie of the Year campaign from Luis Gil, the Yankees’ rotation was right around league average in terms of WAR. Some of that middling production was due to Cole’s missing the first two and a half months of the season with elbow inflammation, which limited him to 95 innings. However, Cole is now 34, Rodón has a significant injury history, and Gil could be due for some regression. Nestor Cortes and Clarke Schmidt also missed time last season, and Marcus Stroman was inconsistent enough that he was booted from the rotation down the stretch and didn’t pitch in the postseason. Considering all of this, the Yankees were wise to add another dependable arm here, even if Fried’s forearm ailments are a bit concerning.

Maybe it’s just me, but it never felt like the Braves were really all-in on Fried this winter. With the conversion of Reynaldo López back to a full-time starter going successfully and Spencer Schwellenbach’s terrific debut (and very good projections), I’m guessing the team was happy to count on Spencer Strider’s return and a healthy Chris Sale to anchor the rotation.

The Yankees still have a lot to do to fill the Soto-sized hole in their lineup, but they needed to do more than just make up for his lost production. In signing Fried, they’ve fortified their rotation.

According to the Billboard Hot 100 charts, the biggest hit of Justin Bieber’s career is “Stay,” a song you either can’t get out of your head, won’t admit you can’t get out of your head, or just don’t realize you can’t get out of your head because you hear it playing everywhere — all the time — but didn’t know the title or artist. Anyway, it seems as if the not-so-subliminal messaging of one Bieber influenced the other. Shane Bieber has decided to stay (oh, ooh-woah) with the Guardians, and he’s hoping the decision proves to be just as lucrative as Justin’s song.

Bieber’s contract is essentially a one-year prove-it deal with the added security of a player option for a second year. The right-hander will earn $10 million for his age-30 season in 2025. After that, he can either exercise a $16 million option for 2026 or take a $4 million buyout and return to free agency. In other words, the player option is really only worth $12 million to Bieber, which means he surely doesn’t intend to exercise it unless things go particularly wrong. After all, he managed to net this contract halfway through his rehab from Tommy John surgery. The Guardians are prepared to pay him $14 million for half a season of work, and reportedly, that wasn’t even his highest offer. It’s safe to say he’s not picking up that option unless he suffers another injury.

So, if Bieber’s plan is to continue his rehab, rebuild his value, and cash in next offseason, it’s easy to understand why he might have taken less money to stay in Cleveland. Not only does he already have a relationship and a rehab plan with the Guardians, but this is an organization with a strong track record for helping pitchers thrive. Just look at Matthew Boyd, who came back from Tommy John this summer and turned a handful of starts with the Guardians into a two-year, $29 million deal with the Cubs. Alternatively, look at Bieber himself. The organization took a fourth-round draft pick (122nd overall) and 45-FV prospect and developed him into a Cy Young winner. It’s hardly surprising that he wants to stick with the same organization as he works his way back from a career-altering injury. The chances that he’ll ultimately receive a big, long-term deal from the Guardians are slim to none, but he’s counting on them to help him get that offer from someone else. Read the rest of this entry »

DALLAS — There’s only so much oxygen available for big-payroll Northeastern teams that are in crisis despite a largely successful 2024 campaign. And the Yankees, as ever, have been sucking up most of the attention. But don’t underestimate the furor that’s been floating around Philadelphia since the Fightins’ ignominious four-game NLDS exit. Dave Dombrowski has been rumored to have his finger in many pots in the first month of the offseason — an Alec Bohm change-of-scenery trade here, a Garrett Crochet blockbuster there — but as of the opening of MLB’s Winter Meetings, nothing had yet materialized.

Well, wait no longer. Longtime Blue Jays closer Jordan Romano is on the Rob Ducey Highway, bound for South Philly on a one-year, $8.5 million contract. Read the rest of this entry »

While the New York Mets were busy spending three-quarters of a billion bucks, the defending champion Dodgers were making a couple of lower-key moves, re-signing reliever Blake Treinen and signing outfielder Michael Conforto. Treinen, a Dodger since 2019, will make $22 million over the next two seasons. Conforto arrives in Los Angeles on a one-year, $17 million contract after two seasons with the organization’s biggest rival, the San Francisco Giants.

Treinen is a known commodity for the Dodgers, so this is basically a status quo signing. He had a solid first season with the organization in 2020 — 3.86 ERA, 3.15 FIP, 25 2/3 innings — and won a World Series, and then he was even better in 2021, posting a 1.99 ERA and 2.88 FIP across 72 1/3 innings. However, in 2022, Treinen’s shoulder started becoming a problem. After the season, he had surgery to repair his labrum and rotator cuff, forcing him to miss all of 2023. This March, his spring training was interrupted when he was hit by a line drive that bruised his lung, but that didn’t prevent him from having a successful campaign. His velocity was down a bit, though the dip had little effect on his results: 1.93 ERA, 3.00 FIP, 46 2/3 innings. And while his sinker wasn’t the weapon it was before the shoulder surgery, his sweeper was scarier than ever.

Bringing back Treinen doesn’t really change the outlook of the Dodgers bullpen, simply because it already looked pretty nasty, especially if you agree with ZiPS. (Steamer isn’t quite as bullish on their relief corps.) Treinen does have some associated downside risk to keep in mind beyond the normal pitcher injury stuff. He didn’t reach his final form until he was around 30, so he’s probably a bit older than most people think; he turns 37 at the end of June. While I always tell people that “hitters age, pitchers break,” Treinen is approaching ages where actual decline beyond normal injury/attrition is a thing that happens. The Dodgers have more than enough depth to deal with this, should it come to pass.

Adding Conforto isn’t quite as sexy a move as it would have been four years ago. With the Mets, Conforto had established himself as an All-Star talent, with a 133 wRC+ and 13.5 WAR in just under 2,000 plate appearances from 2017 through 2020. But a hamstring injury and a case of COVID marred his 2021 season, and a shoulder injury from a workout during the offseason lockout resulted in surgery that cost him the entire 2022 campaign. Signed with the Giants to a make-good contract before 2023, Conforto’s first season back from injury was rather underwhelming, with a bland .232/.344/.384 triple-slash line, a 99 wRC+, and 0.8 WAR, but he bounced back in 2024, though not quite to his previous levels. Across 488 plate appearances, he hit .237/.309/.450 with 20 home runs, a 112 wRC+, and 1.3 WAR.

Naturally, the Dodgers will not be counting on Conforto to be one of the grand movers of the offense. At this stage in his career, he’s basically taking over the role of late-period Jason Heyward, in that he’s a lefty-hitting corner outfielder who’ll complement the team’s righty-hitting role players, such as Andy Pages and Chris Taylor. ZiPS projects a .766 OPS from Conforto against right-handed pitchers in 2025 for the Dodgers.

Having Conforto on the roster clarifies a couple other unanswered questions when looking at the Dodgers. Dalton Rushing saw a good bit of time in the outfield for Triple-A Oklahoma City this past year, but I suspect that until the Dodgers are ready to use him in a full-time role, they’d rather see him get at-bats in the minors than fight for scraps in the majors. It also likely ensures that Mookie Betts will primarily be an infielder in 2025, unless injuries strike. Conforto’s signing probably doesn’t have much of an effect on whether Los Angeles brings back free agent Teoscar Hernández returns, though Pages may end up without a roster spot should Hernández return.

Do Treinen and Conforto make the Dodgers a significantly better team? Of course not. But they are a deeper, more resilient group with the two of them around.

… And this is why you move the left field wall back in. On Saturday, the Orioles jumped into the free agent market looking for upside, inking two veterans who, when they’re at their best, have the ability to rival the most fearsome sluggers in the game.

Outfielder Tyler O’Neill, who bashed 32 home runs over just 113 games with the Red Sox, signed a three-year, $49.5 million deal that will make him an Oriole through his age-32 season. Catcher Gary Sánchez, who turned 32 just last week, signed a one-year, $8.5 million deal. Both players are right-handed batters with multiple 30-homer seasons under their belts, which is to say that until the Orioles announced a few weeks ago that their left field wall would no longer be located way the hell out in Towson, both might have seriously considered passing on an offer to play in Baltimore and watch all their would-be home runs die in the left fielder’s glove. (Honestly, I’m mostly joking here. O’Neill and Sánchez have enough power that they’re among the small cohort of players who didn’t really have to worry about Walltimore.)

Read the rest of this entry »

For a month or so every year it seems, Danny Jansen looks like Babe Ruth. The only season out of the past four in which he hasn’t put up a 20-game stretch with a wRC+ over 200 was 2023, and he was pretty awesome in 2023 anyway; he posted a 115 wRC+ overall that year, while playing the most offensively-challenged position in the sport, no less. So in some ways, the Rays might have just signed the best offensive catcher in baseball:

@JeffPassan tweetedCatcher Danny Jansen and the Tampa Bay Rays are in agreement on a one-year, $8.5 million contract that includes a mutual option for a second season, sources tell ESPN. Jansen, who has played in Toronto and Boston, remains in the AL East. On it: @ByRobertMurray and @TBTimes_Rays.

— Passanthallich (@passanthalbot.bsky.social) 2024-12-06T18:18:18.487825+00:00

Of course, when it comes to overall production, they absolutely didn’t. Jansen was white hot to start the year in 2024 – and then ended the season with an 89 wRC+, going from target deadline acquisition to backup in the process. And while he has indeed hit well when healthy, he gets hurt a lot. Across those aforementioned four seasons, he’s accumulated only 1,078 plate appearances. He hit the IL twice in 2021, twice again in ’22, twice yet again in ’23, and then missed the start of the ’24 season rehabbing from the last ’23 injury.

So maybe Jansen is secretly an amazing hitter – or maybe it’s a miracle that he can even still play baseball. Either of those could be true, and of course the truth is likely somewhere in between. The Rays are famously good at discerning where in the “somewhere in the middle” players lie, and as such, they feel like a natural home for Jansen.

Finding catchers who can both hit and field is nearly impossible. The Rays haven’t particularly prioritized them in the draft, and they certainly haven’t gone out of their way to trade for or sign marquee catchers. That’s how they ended up with Ben Rortvedt (career wRC+: 70) as their primary catcher in 2024. In 2023, that role went to Christian Bethancourt (career wRC+: 71). In 2022, Bethancourt backed up Francisco Mejía (career wRC+: a scintillating 86, though with poor defense).
Read the rest of this entry »

A year ago, Juan Soto was the buzz of baseball’s Winter Meetings. It wasn’t because of anything he had agency over, though. The San Diego Padres were reportedly looking to trade him, and they eventually did. This year, Soto is the story again. But instead of waiting to see what his fate is, he’ll get to choose. Or maybe I should say that he did choose, because as Jon Heyman first reported, Soto signed a 15-year, $765 million dollar deal to join the New York Mets.

Presumably, you aren’t reading this article with no background knowledge of who Soto is. Still, I want to give you a refresher, because Soto is such a delightful player. He’s your favorite hitter’s favorite hitter. He has the best batting eye in baseball, and it’s not close. His sense of the strike zone is so good that it feels like he’s dictating the terms rather than the pitcher, one of very few hitters in baseball who gives that impression. He’s perennially one of the best in the game when it comes to avoiding swinging and missing, and he walks nearly a fifth of the time because pitchers are too afraid to challenge him.

Why are they too afraid? Because he’s also one of the best power hitters in baseball. He launched 41 homers and 31 doubles in 2024. He’s hit 201 home runs in his career, seventh-best in the majors over that span. His worst seasonal line was in 2022… when he hit .242/.401/.452 while getting traded mid-season. “Worst” is all relative, though; it was the ninth-best offensive line in the majors that year. Soto is so good offensively that despite being known for patience first and power second, he’s actually 11th in the league in batting average since debuting. He’s just good at every facet of hitting. Read the rest of this entry »

Last year’s Winter Meetings were a bit of a snooze until the end, but 2024’s kicked off in style with the biggest free agent this offseason, Juan Soto, signing a massive 15-year deal to join the New York Mets for what is likely to be the rest of his career. At $765 million, Soto’s new contract is the richest in the history of professional sports. The ifs, buts, and wherefors make the contract even richer, as Soto scores a signing bonus of $75 million immediately, has no money deferred, and even has an opt-out after the fifth season if he believes he can land something even more lucrative. The Mets do get the option to void Soto’s opt-out by adding $40 million to the value of the last decade of his contract.

The wildest thing is that it’s not really even much of an overpay. Some might compare it to contracts like the ones given to Albert Pujols or Miguel Cabrera, but those deals were given to significantly older players. Signing a player in his mid-20s rather than one in his late-20s or early-30s is a very big deal. First off, let’s run the numbers for Soto in Queens:

Read the rest of this entry »

Through the first week of December, the steady trickle of free agency had almost exclusively included pitchers and catchers. Other position players, understandably, seemed to be waiting out Juan Soto’s market, as the price tag for Zoomer Ted Williams reportedly continues to climb. But as the baseball glitterati descend on Dallas for the Winter Meetings, at least one top position player will already have a new home.

Shortstop Willy Adames is now a San Francisco Giant. Adames was the no. 2 overall free agent on Ben Clemens’ Top 50 list, and the first major acquisition for new Giants president of baseball operations Buster Posey. It’s quite a splashy move; Adames’ seven-year, $182 million contract is the largest, by total value, the Giants have ever given out, beating the eight-year, $167 million extension Posey himself signed in 2013.

Records are made to broken. Read the rest of this entry »

After their surprise run to the playoffs this year, the Mets have a lot of work to do this offseason to follow up on their unexpected success. From their rotation alone, they lost Sean Manaea, Luis Severino, and Jose Quintana to free agency — that trio combined to make 94 starts in 2024 — leaving Kodai Senga and David Peterson as the lone holdovers. Earlier this week, New York signed Frankie Montas to a two-year deal to begin restocking its pitching staff. On Friday, the next domino fell: Clay Holmes, erstwhile Yankees closer, agreed to a three-year contract worth $38 million with an opt out after the second year.

With an extensive résumé covering high-leverage innings a borough over, you might expect the Mets to plug Holmes into the bullpen behind Edwin Díaz and call it good. Instead, they’re planning on transitioning him to the starting rotation. Holmes has all of four major league starts under his belt and all of them came during his rookie campaign back in 2018. He worked extensively as a starter in the minor leagues but the year he made his major league debut was the last time he threw more than 100 innings in a season.

In their never-ending search for effective starting pitching, teams have turned their gaze to the bullpen over the past few years. Just this season, Garrett Crochet, Reynaldo López, and Jordan Hicks made the jump from the bullpen to the rotation. Last year, Seth Lugo, Michael King, and Zack Littell made a similar shift. It doesn’t always work; for every success story like Lugo’s or López’s, there’s a cautionary tale like that of Hicks or A.J. Puk. Even Crochet, for all his early success, seemed to wear down towards the end of the season, despite some extremely careful handling by the White Sox given the left-hander’s injury history. Read the rest of this entry »