After 17 seasons as a professional baseball player – very nearly half his life – Kyle Higashioka has signed his first major league free agent contract. And the timing couldn’t have been better. Higashioka entered a thin catching market coming off the most productive offensive season of his career, and he cashed in to the tune of a slightly back-loaded two-year, $12.5 million deal with the Rangers. The deal also has a $7 million mutual option for 2027 with a $1 million buyout, which means Higashioka is guaranteed to make $13.5 million.

One very disappointing year removed from a World Series championship, the Rangers are hoping that the 34-year-old’s consistency can help them bounce back into contention. Higashioka has now strung together three consecutive seasons in which he’s played at least 83 games and put up at least 1.3 WAR. Texas would love to see him make it four. Read the rest of this entry »

The Chicago Cubs got their offseason into gear Monday morning, with the reported signing of veteran left-handed pitcher Matthew Boyd to a two-year contract worth $14.5 million per year, plus incentives. Hey, Boyd is a name people know, and he had that one really good year a while back, didn’t he? There’s got to be a reason the Cubs are handing out a multi-year deal for almost $30 million to a pitcher who made eight starts in 2024, hasn’t broken 80 innings in a season since 2019, and turns 34 before the start of spring training.

It makes sense, but you have to work a little to see it. Read the rest of this entry »

Last offseason, the Mets got in early on the starting pitching market. They signed Luis Severino in late November, later pairing him with Sean Manaea atop their rotation. Both deals were modest and short term, essentially chances for the players to rebuild their résumés while pitching for a playoff contender. And that’s exactly what happened. So now, with Severino and Manaea in line for larger paydays, the circle of life restarts: The Mets have signed Frankie Montas to a two-year, $34 million deal with an opt out after the first year.

At surface level, Montas doesn’t seem like a blockbuster signing. He just posted a 4.84 ERA (and 4.71 FIP, this wasn’t some weird BABIP issue) in his first year back after missing most of 2023 due to a shoulder injury. He’s about to turn 32. His last excellent season was in 2021. The list of drawbacks is lengthy.

Ah, but “knowing which drawbacks to overlook” might be David Stearns’ superpower. Manaea was coming off of two straight abysmal seasons when he signed in New York, and Severino hadn’t been great since 2018. But both had the capability to excel – they already had in their careers, and not in a fluky way. The right surroundings, the right defense, a pinch of luck here and there: It wasn’t hard to see how those two deals could work out. Likewise, Montas might have been down in 2024, but I have no trouble talking myself into an improved 2025.

Montas has never been a pure bat-missing strikeout machine. When he was at his best in Oakland, he did everything just well enough for the total package to work. He struck out more batters than average, walked fewer than average, kept the ball in the ballpark, and went six or so innings a start. No one would mistake him for Cy Young, but doing a bunch of things well added up to an ERA in the mid-3s. That’s a clear playoff starter, exactly what the Mets need.
Read the rest of this entry »

If you’re a team in the market for a top starting pitcher this winter, cross one of the best off your holiday list. The Dodgers, a team desperately in need for dependable starting pitchers whose arms are fully connected at the shoulders and elbows, signed Blake Snell to a five-year contract worth $182 million. The deal also includes a $52 million signing bonus. Snell, one of last year’s big name free agents who signed a shorter-term deal after not getting the offer they wanted, started 20 games for the Giants in 2024, putting up a 3.12 ERA, a 2.43 FIP, and 3.1 WAR in a season that was marred by an adductor strain. Compared to last winter, when Snell’s fate went unanswered until he signed in late March, you might as well start calling him Blake Schnell. Wait, don’t do that, that’s a terrible joke even by my standards.

Left-hander Blake Snell and the Los Angeles Dodgers are in agreement on a five-year, $182 million contract, pending physical, sources tell me and @jorgecastillo. The World Series champions get the two-time Cy Young winner in the first nine-figure deal of the winter.

— Jeff Passan (@jeffpasan.bsky.social) 2024-11-27T04:00:23.933Z

One of the biggest risks a team winning the World Series faces is complacency. It’s a perfectly natural thing to feel pleased with the moves that led to your team winning a championship, but a team that believes it can mostly stand pat and run it back is planting the seeds of its own demise. Even with all the talent on their team, the Dodgers still have significant roster holes to fill this offseason, and it’s a good sign for those hoping for a repeat that less than a month after hoisting the trophy, they’ve already addressed one of those weaknesses. Whatever one thinks of Dave Roberts as a manager, it’s difficult to deny that he did a convincing job this past postseason managing a pitching staff that basically had two healthy and reliable starting pitchers. The Dodgers won the World Series despite their injury-thinned rotation, not because of it.

Now, Snell isn’t the type to give you seven or eight innings per start. Who is in 2024, really? What Snell brings to the table – outside of being a really good pitcher – is that he has a pretty solid record when it comes to injury. That’s not to say that he doesn’t get hurt. On the contrary, only twice has he made at least 30 starts in a season. However, what he has avoided are the serious injuries that cause pitchers to miss months or entire seasons. His IL stints are generally for short-term nagging ailments, frequently adductor strains. His worst elbow injury was a procedure to remove loose bodies in his elbow about five years ago, not major reconstructive surgery. The Dodgers will be happy to get their five or six innings from him 25 or so times a year.

Given what the Dodgers have faced injury-wise these last few years, that may be especially valuable to them. Bad luck has to figure into some of these injuries, but their problems in October was the downside of the approach they’ve taken toward the pitching staff in recent seasons. The Dodgers haven’t really prioritized certainty among their pitchers. Instead, they’ve depended on high-upside, high-risk guys such as Tyler Glasnow, late-era Clayton Kershaw, and any of the young flamethrowers who dominate upon arrival before blowing out their arms. For the most part, the Dodgers have made this work because they’ve kept enough of these pitchers around to put together a capable rotation of four or five pitchers at any given moment. Generally, this has proven an effective strategy for the Dodgers, but this time, they rolled snake eyes a few times in a row, and ended up in a difficult situation at the most crucial time of the year. They made it work, but they are smart enough to recognize they might not be able to thread the needle through such a narrow margin for error again.

So, what about Snell himself? Let’s run the projections for him with the Dodgers.

The Dodgers are projected as one of the absolute best teams for Snell to end up with, and ZiPS projects performance that it would value at five years, $144.2 million. That’s a bit below the actual $182 million deal he received, but then again, so is the actual contract itself! As with Shohei Ohtani, the top dollar figure becomes a bit less sexy when you consider how the deal is structured. Some of the money is deferred, to the extent that it drops the present value enough so that the deal is worth more in the neighborhood of $160 million instead.

In some respects, Snell’s 2024 season was more impressive than the 2023 campaign that earned him the second Cy Young award of his career. Snell allowed a lot of walks in 2023, but he survived it because he was excellent with runners on base. That’s the kind of thing that’s hard to sustain, but he didn’t have to in 2024, as he shaved off the extra walk per game he’d added the year before. Snell’s strikeout rate was the best of his career, and it was powered by a career best in contact percentage. Snell has been a successful starter in the majors for years, but he has more varied tools now than he did before. Most notably, his changeup has become more of a weapon against righties, especially with two strikes.

With Snell under contract, the Dodgers rotation looks something like this: Snell, Yoshinobu Yamamoto, Glasnow, and Shohei Ohtani, along with whichever one or two other starters are healthy at any given time. At least in the way-too-early ZiPS positional projections for 2025, Snell’s arrival leapfrogs the Dodgers over the Phillies, Mariners, and Braves for the top rotation in the majors, though things can change a bit depending on how your distribute the innings. And the Dodgers might not be done adding to their rotation, either. They are expected to be serious contenders to sign Roki Sasaki, and they could still bring back Kershaw on another one-year deal.

Does adding Snell fundamentally change the outlook for the Dodgers? Not really; they were always going to be a contender in 2025. However, what signing Snell does is give the Dodgers a better chance to get through the season with fewer surprises and go deep into the playoffs again. Not since the 1999-2000 Yankees a quarter century ago has a team won consecutive championships. Snell puts the Dodgers in a strong position to alter that factoid.

Enlightenment era poet Alexander Pope famously wrote, “Fools rush in where angels fear to tread.” His words imply that angels are the opposite of fools. If that’s true, I wonder if it wouldn’t be such a bad thing for angels to give rushing in a try every once in a while. Could that be precisely what Perry Minasian is thinking?

Including the piece you’re reading right now, the FanGraphs staff has written about four trades and three free agent signings this November. Five of those seven transactions have involved the Angels. It started with the first major trade of the offseason: Before the Dodgers even held their parade, the Angels flipped Griffin Canning to the Braves for Jorge Soler. Then they signed free agents Kyle Hendricks, Travis d’Arnaud, and Kevin Newman. Along the way, the Halos also picked up Scott Kingery and Ryan Noda, and dropped Patrick Sandoval (among others) ahead of the non-tender deadline.

On Monday morning, the Angels continued getting an early start on the offseason – this time in more ways than one. At 5:38 AM PST, news broke that they had agreed on a three-year, $63 million deal with left-hander Yusei Kikuchi. I’m imagining the news came out so early in the morning because Kikuchi is in Japan right now, and given Kikuchi’s well-known sleep schedule (and the 17-hour time difference), Minasian only had a brief window in which both he and his top target were awake. Like MacGyver racing to deactivate a time bomb, Minasian cut the right wire just in time and successfully negotiated the biggest free agent deal of his Angels tenure. Read the rest of this entry »

Most of the time, you can count on early November to take a break from following baseball news. The World Series has just ended, but free agency hasn’t started in earnest. International free agents generally get posted closer to the mid-December deadline. Big trades are more of a December/January thing. But the Angels don’t operate that way. First they traded for Jorge Soler. Then they signed Kyle Hendricks. Now they’ve signed the first multi-year free agency deal of the offseason, linking up with Travis d’Arnaud on a two-year, $12 million contract.

At first blush, this feels like so much shuffling of deck chairs. The Angels have a lot of needs, to put it bluntly. Catcher was one of their best positions last year. They need more starters, more relievers, more outfield depth, more infield depth, and more top-of-the-order bats. Incumbent Logan O’Hoppe was one of only three hitters on the team to eclipse the 2-WAR mark. Why not sign a second baseman, or another starting pitcher, or pretty much anyone else?

I think there’s more here than meets the eye, though. We’re not talking about a blockbuster signing, and quite frankly, we’re not talking about a playoff team. A good season for the Angels in 2025 would mean flirting with .500 and developing a few new everyday players. Maybe Jo Adell will take a step forward and Mike Trout will play a full season at his normal standard of excellence. Maybe Zach Neto will continue on his current trajectory towards borderline All-Star production (once he’s back from shoulder surgery, of course) and Reid Detmers will rediscover his wipeout slider. Read the rest of this entry »

Well, the Angels aren’t waiting around, are they? In the week immediately following the World Series, the Halos have completed the only trade so far this offseason involving players going in each direction. They’ve also acquired Scott Kingery from the Phillies for cash considerations and executed a waiver claim on Oakland’s Ryan Noda, both low-risk acquisitions with the potential to fill a niche at the big league level.

The Triple-A first base depth chart for the Angels right now lists Noda alongside Niko Kavadas and Sonny DiChiara, which is a bumper crop of cube-shaped college sluggers if ever there were one. Someone find out what Tim Elko is up to and give him a call so the Angels can have the full set. But I digress.

Amidst all that other activity, Perry Minasian and Co. have made this offseason’s most notable free agent signing to date: right-handed pitcher Kyle Hendricks, late of the Chicago Cubs. Hendricks was the second major league free agent to sign so far this offseason, after Dylan Covey’s one-year deal with the Mets, and he’s a bigger name by far. A two-time Cy Young vote-getter and a cornerstone of the successful Cubs teams of the late 2010s, Hendricks joins the Angels on a one-year, $2.5 million deal. Read the rest of this entry »

Some 49 hours before their first regular season game, the Arizona Diamondbacks brought up the house lights to end the 2023-24 Hot Stove League. Jordan Montgomery is headed west on a one-year contract with a vesting option.

The 31-year-old Montgomery had been a well-regarded high-volume starter, but the 2023 postseason brought him to the verge of stardom. The Texas Rangers traded for Montgomery at the deadline, and with Jacob deGrom and Max Scherzer battling injuries, it was the big South Carolinian who emerged as the team’s ace. He won three games in the postseason, including Game 7 of the ALCS in a multi-inning relief appearance on two days’ rest, and was one of the World Series champion’s breakout stars.

That championship, of course, came at the expense of Arizona, his new team. The Diamondbacks, having come so close to winning it all, had already brought in reinforcements by trading for third baseman Eugenio Suárez and signing outfielder Joc Pederson and lefty starter Eduardo Rodriguez. Last October, this was a team with an improvised rotation; with Montgomery, Rodriguez (once he returns from his season-opening IL stint), Zac Gallen, Merrill Kelly, a full year of a maturing Brandon Pfaadt, and a healthy Tommy Henry, it’s among the best in the sport. Read the rest of this entry »

The regular season starts in about a week, which means there isn’t much time left to sign free agents and integrate them into the team before games start to count. In some cases, in fact, there’s no time; Blake Snell won’t be ready for Opening Day, so any pitchers who haven’t signed yet surely won’t be either. But there’s one player who could probably fall out of bed and into a starting lineup next Thursday, and the Mets just signed him:

Breaking: JD Martinez to Mets. $12M

— Jon Heyman (@JonHeyman) March 22, 2024

J.D. Martinez is offense in a can. He plays DH, so he doesn’t need to learn who he’s throwing to or catching from. He’s well traveled, so this isn’t his first rodeo. And the Mets could use some offense, which means this signing lines up on many axes. At one year and $12 million, the contract is right. There’s just one question: How good will he be?

If you listen to our projections, Martinez is squarely on the downside of his career. ZiPS and Steamer project him for a 106 and 105 wRC+, respectively, with a ton of strikeouts offsetting strong power numbers. All DHs across baseball racked up a collective 106 wRC+ last year. It’s not exactly replacement level, but it doesn’t seem particularly hard to find someone capable of putting up that level of offense.

A counterpoint, though: Martinez just finished a season where he hit .271/.321/.572, good for a 135 wRC+. The year before that, he was at 119, and 126 the year before that. Sure, he’s not the fearsome, MVP-caliber hitter he was in 2017 and 2018, but there’s plenty of room to be worse than that and still great. His statline didn’t look particularly fluky; he posted a .301 ISO, meaningfully higher than his career mark, but he earned that production with a ton of hard contact. He posted the second-highest barrel rate of his career, the highest hard-hit rate, and put the ball in the air frequently to take advantage of all that thunder.

There are a lot of components to analyze, but at the end of the day, it all boils down to one question: Should we trust 2023, or the projections of 2024? If the Mets get some semblance of what the Dodgers got, this is a whale of a deal. If they get something closer to league average, the whole package is a lot less exciting. Let’s see if we can pick up on any patterns that suggest one or the other.

The big worry with Martinez’s game is that he strikes out a lot. His 31.1% mark in 2023 represented a new career high, but he’s always been a high-risk, high-reward hitter. Nearly every contact frequency and swing decision metric declined from the prior year:

That didn’t really harm Martinez last year. It seems like his plan was pretty straightforward. Swing hard, because you might hit it, more or less. You can live with a lot more misses if you downright wallop the ball when you connect, and that’s just what Martinez did. Those strikeouts have never sunk his offense; he has a career 132 wRC+ with a career 24.7% strikeout rate. Projection systems think he’ll strike out quite a bit next year — because of course they do — but that’s never stopped him from crushing.

Are Martinez’s lack of walks last year behind his lackluster projections? They’ve never been a huge part of his game in the first place, but 2023 marked one of the lowest walk rates of his decade-long offensive renaissance. No sweat from either Steamer or ZiPS there, though; they think he’ll rebound toward career norms.

No, the place they think Martinez will fall short is what happens after he hits the ball. I’m talking 10 fewer homers in 70 extra plate appearances, an epic power outage. I think the reason is pretty simple; 2023 was an outlier for him when it came specifically to power. He’s always run a high BABIP. He’s always hit a lot of doubles, particularly in Boston. But he hit homers on 6.9% of his plate appearances last year, the second-highest rate of his career, behind only his torrid 2017 season (.303/.376/.690, 167 wRC+). You probably can’t bet on that continuing.

In other words, the projections are based on a grain of truth, as they always are. If you’re trying to figure out how this signing will fail, it’s the general passage of time combined with regression. Martinez will keep striking out a lot, because those tend to be sticky. He’ll hit fewer bombs, because those are more variable. He’ll hit for a bit less BABIP, too, and of course he’s getting older, so sprinkle in a bit of decline everywhere, and presto change-o, you’ve turned Martinez into merely a decent hitter instead of a great one.

I don’t really buy that interpretation of the data, though. Projection systems obviously do a great job in the aggregate, but I think they’re missing the arrow of causality here. I don’t think Martinez struck out more, sustainably, and happened to hit the ball hard, unsustainably. I think that the two are linked, and that he took an attack-heavy approach understanding the inherent tradeoffs. I think it’s reasonable to project more power this year, though probably not last year’s Baseball Savant-incinerating red flames:

Split the difference between our projections and last season, and you get roughly what I’m expecting. Bunches of homers, bunches of strikeouts, and plenty of hard contact for singles and doubles mixed in. The Mets could use that kind of offense to anchor their lineup, which we think will end up in the middle of the pack in run scoring despite some excellent hitters at the top of the lineup.

The plate appearances that Martinez will soak up wouldn’t have been great, to say the least. There would’ve been a lot of Mark Vientos in there, and perhaps a heaping helping of Tyrone Taylor. Francisco Alvarez was always going to get his fair share of DH at-bats when he’s not catching, and maybe Martinez cuts down on those, but there are limits to how often you should play your catcher at DH from a rest perspective. Brandon Nimmo was the other likely beneficiary of DH time. He’s a great hitter, but who would cover for him in the outfield? This is a meaningful offensive upgrade, is my point.

Does this signing make the Mets playoff favorites? Not to me. I think they’re still a little bit short, largely because their pitching staff is somehow risky in terms of both talent and availability. But I like this signing a lot anyway. It’s the kind of move that David Stearns frequently made in Milwaukee, and it usually paid off there. If you build your team in such a way that it can add players who fetch less than expected in free agency, then go out and add those guys opportunistically, you end up with a good roster, though not always in the way you expected.

I never would have linked Martinez to the Mets at the start of this offseason. They seemed more likely to dip their toes into the pitching market, which is exactly what they did, signing Sean Manaea and Luis Severino. They traded for Adrian Houser and Taylor when the Brewers wanted to shed 40-man spots. In doing all of that, the Mets saved some money, which meant that when Martinez was available for less than initially forecast, they had the room to add, and the team composition to make it work.

I don’t think this deal will change the course of the 2024 season. I don’t think that his posting a 105 or 115 wRC+ will move mountains. I do think, however, that this move makes a ton of sense. It’s not a standalone attempt to fix the team. It’s not a blockbuster contract. It’s just a part of a larger philosophy of team construction: Getting good players on reasonable deals tends to pay off. And one added benefit to throw in at the end of this list, since I’ve already made my case that it’s a good signing: Everyone seems to love working with Martinez. He’s a student of hitting who would make Ted Williams proud. If you can justify the deal before adding that, that’s quite the throw-in.

I want to stress how outrageous it is that Michael Lorenzen was not the first former Cal State Fullerton two-way player to sign a free agent contract this winter. The guy who beat him to the punch, J.D. Davis, played 144 games for the Giants last year, starting 116 of them at third base. He’d gone through arbitration. More to the point, on March 1 he was the presumptive starter for a team with playoff aspirations, and he was under contract on March 10.

Then Davis got cut in order to save a few bucks in the wake of the Matt Chapman signing, and he ended up signing for less than half of his original salary with the Oakland A’s. There, he’ll be managed by Mark Kotsay, a former Cal State Fullerton two-way player.

While all of that was happening, Lorenzen was sitting by the phone. Or more likely, given his physique, he was lifting the phone just to get a good pump in, even though the only sound on the other end was a dial tone. Finally, overnight just six days before his team’s first regular season game, Lorenzen has a deal with the Texas Rangers: One year, $4.5 million, with an additional $2.5 million possible in incentives. Read the rest of this entry »