With the start of the season just two weeks away, it’s time for one of my most beloved/hated/dreaded annual traditions: making my picks for breakouts and busts. For those of you who haven’t read one of these pieces in the past, these are my picks for the players who are the most likely to change the general consensus about them over the course of the 2024 season. And since we’re talking about generally low-probability outcomes — this isn’t a list of players with better or worse projections than last year — there’s no exercise with more potential to make me look super smart… or dumb. For every J.P. Crawford or Steven Kwan triumph, there’s an instance of Andrew Vaughn-induced shame.

As usual, let’s start with a quick table of the triumphs and humiliations of last year’s picks:

It was about an average year. Vaughn and Christian Walker were the biggest misses, and Jordan Walker’s lousy defense kept him from being a win. Now on to this year’s picks.

The Breakouts

Spencer Torkelson, Detroit Tigers
Spencer Torkelson’s .233/.313/.446 line certainly didn’t knock any socks off, but he was a (relative) beast over the last two months of the season, hitting .244/.329/.526 with 16 homers. Now, I always warn folks to not read too much into monthly splits because there’s a tendency to think that splits coinciding with a good explanation are enough to overcome the small sample size issues, and because the endpoints are selective. The two-month split, however, isn’t why Torkelson’s here. Rather, there was a lot of evidence to suggest that he was underperforming his peripherals for most of the season up until that point. From the beginning of the season through August 8, Torkelson was the biggest zStats underachiever with significant playing time. Using only Statcast data with no information as to actual results, ZiPS thought that in that span Tork should have been an .868 OPS hitter; his actual OPS was .688. His OPS after that day? .921! Remember, Torkelson was a top-five prospect in baseball entering his rookie season in 2022, so even though his first year was a disaster, he’s not some 31-year-old beer leaguer coming out of nowhere.

Patrick Bailey’s Bat, San Francisco Giants
I can’t really call it a full breakout since Patrick Bailey already had an overall breakout season, thanks to defense that crushed even the loftiest of expectations. What puts him here is that people may be sleeping on his bat. No, I don’t think there’s any chance he starts hitting like Buster Posey, but Bailey’s otherworldly defense and lackluster bat (wRC+ of 78) appears to have pigeonholed him as a typical no-hit, all-glove backstop. I think that would be a mistake. Catchers have really weird developmental curves and I can’t stress enough how difficult it is for a catcher to nearly skip the high minors; he only played 28 games above A-ball before debuting in San Francisco. He hit .251/.351/.424 in the minors – again, not star quality but far from a total zero – and even without full developmental time offensively, he wasn’t completely destroyed by MLB pitching. In fact, he showed surprisingly solid plate discipline and power for a prospect with so little experience with the bat. Both ZiPS and our Depth Charts project Bailey to have an 82 wRC+, but I would not be shocked if he finished the season with a mark between 95 and 100, which, if his defense holds up, would make him an elite catcher overall.

Wyatt Langford, Texas Rangers
I don’t have a formal rule about it, but when ZiPS projects a player with little or no MLB experience to lead in a significant stat, I should take it very seriously since ZiPS doesn’t often go nuts about minor leaguers. The last player I can think of is Luis Arraez, who had a 21% chance of hitting .300 for his rookie season, according to ZiPS, which also projected him to have the highest batting average in baseball by 2020. ZiPS thinks Wyatt Langford is going to lead the majors in doubles and be one of the best offensive rookies in recent years. He was one of the few college hitters that ZiPS saw as nearly ready for the majors in 2023, and it liked him more than similarly advanced hitters Nolan Schanuel and Dylan Crews. Since ZiPS is my sidekick – or maybe it’s the other way around – I gotta have its back!

Anthony Volpe, New York Yankees
Anthony Volpe had a solid rookie season, but given his elite prospect status, it was a mild disappointment that he was only league average. Because of this, I think people are now underselling his offensive upside. He hit for a lot of power for a 22-year-old shortstop (21 home runs, .174 ISO). He also stole 24 bases on 29 tries, including successfully swiping each of his first 15 attempts, and was worth 3.5 base running runs. Two of his biggest problems were that he didn’t get on base enough (.283 OBP, 8.7 BB%) and struck out too much (27.8 K%), but these weren’t issues for him in the minors, and some of his fundamentals here are promising — he actually gets off to fewer 0-1 counts than most players with his strikeout rate. All of this suggests that he should figure things out with more major league experience. ZiPS also thinks he should have had a .312 BABIP given his Statcast data, instead of his actual mark of .259, which indicates that some of his woes were likely do to bad luck.

Keibert Ruiz, Washington Nationals
As with Volpe, I think Keibert Ruiz’s low BABIP, especially his .223 BABIP in the first half, made his season look a lot weaker than it was. ZiPS saw a .270 BABIP as a more reasonable number for him as a hitter in the first half, and that number continued to rise in the second half; he had a .285 zBABIP by the end of the season. Giving Ruiz back some of the batting average makes his actual .226/.279/.360 first-half line look a lot less abysmal and his .300/.342/.467 one in the second half look less like a fluke. In fact, except for a bit more power, most of the difference between his first half and second half was BABIP, so the halves weren’t quite as different as they appeared. Overall, his zStats line of .274/.330/.445 reflects a much more advanced hitter than we saw overall in 2023.

As I reminded people with Bailey, catchers tend to have a weird developmental pattern, and Ruiz has been no exception. Ruiz was a top prospect for a long time before hitting the Double-A wall, and his standing fell quite a bit in the eyes of prospect watchers. But he re-established himself as a top prospect to a degree that he was a huge part of Washington’s return when it traded Max Scherzer and Trea Turner to the Dodgers in 2021. I think people forget how young he still is at 25, and being older is not as big of a deal for a catching prospect than for someone at any other position.

Elly De La Cruz, Cincinnati Reds
Elly De La Cruz is a common breakout pick for obvious reasons, but I’m including him here specifically because his plate discipline wasn’t as bad as it looks from the raw stats. ZiPS actually thought, from his plate discipline data, that his strikeout rate should have been more like 27% instead of nearly 34%, enough to knock off 27 strikeouts. And given that he should be a high BABIP player, because he was the fastest man in baseball last year, putting more balls in play would benefit him more than it would most players. Overall, his zStats line last year was .273/.323/.449, compared to his actual line of .235/.300/.410, meaning the holes in his game aren’t quite as deep as his reputation would suggest.

And if you don’t buy that, he did show better plate discipline as the season progressed. I’ll again warn of the dangers of storylines that coincide with splits, but things like offensive swing percentage stabilize very quickly, mitigating some of the sample size issues. I don’t think it’s a stretch to look at the graph below and conclude that De La Cruz got caught up in the hype of his initial success and became too aggressive. As a result, he started struggling before coming to realize that he had gotten away from the approach that made him such a dynamic player in the first place.

Dominic Canzone, Seattle Mariners
One should be suspicious of Pacific Coast League stats, but Dominic Canzone’s .354/.431/.634 line last year was good even by PCL standards, enough for a 151 wRC+ in the league. However, that success didn’t follow him to the majors. He probably doesn’t have a lot of upside, but the rate of his improvement over the last couple of years suggests that there’s a chance he could have a nice little Geronimo Berroa-esque run.

Tucupita Marcano, San Diego Padres
This one is kind of a stretch because I don’t see an obvious path for Tucupita Marcano to get much playing time. He hasn’t hit at all in the majors yet, but he’s also had a weird minor league career; he’s still just coming off his age-23 season and has made some progress at translating his minor league plate discipline to the majors. ZiPS isn’t in on him, but Steamer is, and if he can managed his 94 wRC+ Steamer projection, along with a decent glove (though more at second base than short) and his speed, he’ll at least be interesting. Gotta have one out there pick, no?

The Busts

Cody Bellinger, Chicago Cubs
I don’t think Cody Bellinger will fall anywhere near the depths of his brutal 2021 season, but there are reasons to be suspicious of last year’s resurgence. He changed some of his mechanics and altered his approach, especially in two-strike counts, to make more contact, and those adjustments should be sustainable. It’s the power numbers that are a bit preposterous, to the degree I can’t think of any comparable player who managed to maintain this amount of power with mediocre-at-best exit velocity numbers. Statcast’s expected slugging percentage knocks 88 points off his actual one, and the ZiPS version (zSLG) is 20 points meaner than that.

J.T. Realmuto, Philadelphia Phillies
This one hurts, especially for a player ZiPS was so excited about in 2015-2016 before his breakout. But the decline in J.T. Realmuto’s offensive numbers in 2023 is supported by the drop in his peripheral numbers; he was just a bit worse at everything last year. He’s also a catcher entering his mid 30s. This is a gut thing more than a projection thing, but I suspect any kind of a leg injury would be a bigger deal for a surprisingly quick player like Realmuto, whose offensive stats already reflect his speed, than for your typical catcher.

Isaac Paredes, Tampa Bay Rays
Isaac Paredes is a good hitter, but is he really a 140 wRC+ guy? In both Statcast and ZiPS, Paredes had an even larger disparity between his actual power numbers and his peripherals than Bellinger. That said, there’s some good news, because unlike Bellinger, Paredes has done this before. There were 20 hitters in 2022 that hit at least five more homers than zHR expected, and 18 of them went on to hit fewer home runs in 2023. Paredes was one of the two who hit more (the other was Pete Alonso). Because Paredes has such a low hard-hit percentage, I’m not completely on board yet.

Lane Thomas, Washington Nationals
One thing about Cinderella stories is that people tend to overrate them after the ball. Most of these stories don’t involve permanent stardom; Joey Meneses and Frank Schwindel are two example of people getting too excited about an older breakout guy. Unlike Schwindel, Lane Thomas is probably still a league-average player, on the level of his 2021 and 2022 seasons, but I’d be shocked to see him hit 30 homers again. He’s probably a stopgap center fielder/fourth outfielder type, and I’m seeing him surprisingly high in some fantasy rankings.

Dominic Fletcher, Chicago White Sox
I was pretty shocked to see the White Sox trade Cristian Mena for Dominic Fletcher, even with the assumption that ZiPS is being too exuberant about Mena in ranking him at the back of the top 50 prospects. If you evaluate him the way our prospect team does, a fourth outfielder for a 45 FV prospect is quite a rich gain. And it’s looking like the Sox will give Fletcher a pretty good chance at getting the majority of the playing time in right field. It’s not as bad as the team’s irrational excitement about Oscar Colás last year, but there’s just not a lot of support for Fletcher’s maintaining his .301/.350/.441 line from his brief stint in the majors. That’s ridiculously higher than his zStats slash line of .249/.290/.376, which works out to a difference of 125 OPS points.

Almost all professional baseball players played at least one other sport growing up. Moreover, many of them were athletically gifted at a young age and thus excelled against their school-age contemporaries in their formative years, often all the way through high school. Fast forward to today, and many continue to play other sports in a recreational capacity — golf is prominent — especially in the offseason.

Watching other sports is also popular activity for ballplayers. Much as they tuned in to see their favorites on the family TV, they now do so as adults. Like the rest of us, they enjoy sitting on their couches, or hanging out with friends at sports bars, rooting for successful shots, goals, and touchdowns. Temporarily apart from the game they get paid to play, they get to be fans.

With those things in mind, I asked a dozen players about their “other” sport. Besides baseball, what did they most enjoy playing, and what do they now most enjoy watching?

———

Dansby Swanson, Chicago Cubs shortstop: “Basketball. I was pretty good. I could really shoot. My basketball game was somewhat similar to my baseball game. I kind of did the right things. I knew what to do. I knew where to go. I averaged around 15 points in high school. It was [a big school]. We had over 2,000 kids. There are a lot of big schools in Georgia.

“I grew up in very much a sports family. I love watching all sports, honestly. I love watching football. I love watching basketball. Obviously, I watch a lot of soccer; I watch my wife [Mallory Swanson, who plays for the Chicago Red Stars and the U.S. Women’s National Team]. Golf is on the TV. An underrated sport to watch is tennis. I have sports on TV all the time.”

———

Mike Trout, Los Angeles Angels center fielder: “I played basketball and football throughout high school. I’d probably say that basketball was my best other sport. I was a small forward and an OK player. Read the rest of this entry »

There are so many great defenders in the majors right now. In the infield, there are elite shortstops, like Francisco Lindor and Dansby Swanson. In the outfield, there are the dudes who don’t let anything drop, such as Brenton Doyle and Harrison Bader. But none of these players are projected to lead baseball in Def, according to ZiPS. That title belongs to San Francisco Giants catcher Patrick Bailey.

Last year, Bailey led all players in Def with 26.8 runs. On the Statcast side of things, he was second in Fielding Run Value with +18, behind Doyle. He is unquestionably one of the most valuable defenders in the game, and much of that is due to his elite framing. He accumulated +16 framing runs and recorded a 52.9% strike rate – both the highest marks in baseball.

If you look at the Statcast framing leaderboard, you’ll notice one color for Bailey: red. He is above average in all nine parts of the shadow zone. That is simply unheard of. Typically, for catchers to be elite in one area, they tend to sacrifice another part of the zone. Take Adley Rutschman, for example. He is elite at the top of the zone but slightly below average at the bottom. Sean Murphy has the opposite tendency. He steals at the bottom while losing some at the top. Bailey is a departure from the norm. He can steal strikes in any part of the zone without sacrificing elsewhere.

That’s an impressive skill that made Bailey stand out last season. It’s also the exact kind of statistical quirk that warrants a video deep dive to uncover how he does it. Before jumping in, let’s discuss the two things we’ll be paying attention to here: Bailey’s pre-pitch stances and glove turns. To be this efficient around the strike zone, catchers not only have to have multiple stances, but they also have to know when to use them. By understanding their pitching staff and their movement profiles, they know when to deploy what stance and how to best use their hands.

The following clips will display how Bailey switches up his approach depending on the pitcher and/or location. Let’s start with Logan Webb – the sinkerballer and command artist:

Sinker

Where Bailey sets up behind the plate dictates his stance. He favors his inside knee down most of the time, but there is some variance depending on the pitcher and pitch. More so than when he is catching other pitchers, he has no problem setting up closer to the edges of the plate for Webb.

The key difference between the two sinkers is how he uses his glove turn in preparation for the pitch. On the arm side sinker, he uses more of a straight down quarter turn. Whereas with the glove side sinker, you’ll notice a more deliberate rounded turn. As a catcher, matching the plane of the pitch leads to the smoothest reception. If you don’t alter the rotation of your glove as you catch the ball, it appears as natural as possible to the umpire, resulting in a better chance at a strike call. Bailey has a perfect understanding of this, which can also be seen when he receives sliders:

Slider

On the arm side, it’s pretty standard. The glove side is where the quarter turn sticks out. Pushing a breaking ball back toward the middle of the plate can often look forced. But if a catcher is already tracing that movement before he receives the ball, it appears natural and can lead to stolen strike calls. Additionally, Bailey’s ability to switch which leg is down lets him be as loose as possible with his movements after the pitch is released. This allows him to smoothly shift his positioning to ensure that he catches the pitch closer to the center of his body, which makes it look more like a strike to the umpire.

While the one-knee catching stance has swept through the league, it’s still not common for catchers to switch from knee to knee as often as Bailey does. It puts him in a better position to handle pitches coming in from different angles. When a catcher has his inside knee up, that leg can sometimes make it difficult for him to reach across his body. Since Bailey almost always has his inside knee down for horizontal moving pitches, that’s not a concern. But there are some situations in which Bailey will alter this approach, such as when Webb throws his changeup:

Changeup

He switched from his typical stance, with his outside knee up, when catching the changeup with the lefty-hitting Jonah Heim at the plate. Bailey is most likely more comfortable putting his right knee up when Webb throws his changeup because that pitch doesn’t get much horizontal movement, and his glove turn probably feels more natural when he has space on his glove side. However, he is forced to switch his stance when there is a runner on first and second base is vacant because he can’t make throws with his left knee down. But that isn’t an issue for him, because he is comfortable flipping his stance.

Now, let’s see how Bailey handles Camilo Doval, whose arsenal — 100 mph rising cutters, 98 mph sinkers, 90 mph sliders — is completely different than Webb’s repertoire. Bailey knows that, so he takes a slightly different approach:

There are a few things to note here. First, Bailey gets in a lower stance with the slider coming and a runner on third, which puts him in a better position to block anything in the dirt. His low glove turn also prepares him to either flip his mitt over to get into a blocking stance or quickly shift it for a backhand pick. With high velocity sliders, a pick can often be more effective than a traditional chest block because there isn’t much time for a catcher to drop to his knees and get in front of the pitch. Meanwhile, Bailey hardly moves his glove in preparation for the cutter. Doval probably needs the high target for a visual marker, and an exaggerated glove turn isn’t needed for high pitches anyways.

Watching Bailey handle all types of high pitches is one of his best skills as a framer. No matter if it’s a heater or breaker, he knows when to attack pitches and when to be more patient. Doval’s cutter is one example of that, but the way he receives high sinkers and high sweepers perfectly displays that dichotomy:

Sinkers

Sweepers

Since Bailey sets up on the edges, it’s important his glove gets to the spot where the sinkers are going before they arrive, so long as that location is within the width of his shoulders. Anything outside of his frame will clearly look like a ball to an umpire, and the whole point of framing is to be inconspicuous. So when he’s expecting a backdoor sinker from Taylor Rogers (top left), he receives the pitch in the middle of his body while slightly pointing his shoulders toward the batter, Corbin Carroll. The pitch was out of the zone but appeared right on the edge because of how Bailey presented it. On the pitch from Alex Wood (top right), Bailey knows to keep his posture high and eyes over the squared bunt. That lets him beat the pitch from going too far out of the zone while giving the umpire a clear look at it. It was a great mid-pitch adjustment that led to another strike on a borderline pitch.

His approach to sweepers is much more patient. This is a pitch that will keep moving as long as the catcher lets it. If it starts out of the zone, letting it travel as much as possible gives it a better chance to scratch the edge of the plate. Even if the pitch passes the plate out of the zone – like against Randal Grichuk (bottom left) – the catcher can let it get deep enough so that it still looks like a strike when he catches it behind the plate. This is a good time to refocus on Bailey’s stances. It’s more difficult for a catcher to let these pitches travel with his leg or knee in the way. Keeping the inside knee down lets him adjust his upper body as needed while giving his arm the space it needs to move freely. The more space for smooth movement, the better prepared he is to let the pitch get deeper into the zone.

It’s hard to consistently do what Bailey does when it comes to switching stances. Not all players have the mobility on both sides of their body. On top of that, Bailey demonstrates an advanced understanding of pitch movement and matching planes with glove turns no matter who is one the mound. It’s the full pitch framing package. With a full season of work, I’m excited to see how much defensive value Bailey can bring. We could be in store for one of the best defensive seasons in recent memory.

Coby Mayo is No. 23 on our Top 100, and a power-packed stroke is a big reason why. Drafted by the Baltimore Orioles out of Parkland, Florida’s Stoneman Douglas High School in 2020, the 6-foot-5, 230-pound third baseman is coming off of a 2023 season where he bashed 29 home runs while logging a 156 wRC+ between Double-A Bowie and Triple-A Norfolk. Moreover, he did so as a 21-year-old.

His maturation as a hitter has been more nuanced than pronounced. When I talked to Mayo in March 2022, he told me that he doesn’t “like to think about hitting too much,” and has “always been a see-ball-hit-ball kind of guy.” For the most part, that hasn’t really changed.

“I try not to think too much when I get into the box,” Mayo said when reminded of those words. “That’s stayed the same. A lot of people will get into the box and start overthinking. They’ll try to manipulate their swings here and there. I just try to have a good approach, a game plan, and kind of let that take over.”

The promising slugger does feel like he has a better understanding of his swing than he did two years ago. When things are going well, he knows what he’s doing right. When things are going wrong, he understands why and can adjust accordingly. The swing itself has changed since we first spoke. Mayo explained that his load, hand placement, and bat path are all “a little bit different” — albeit in a subtle manner. As he put it, “You can’t really notice them with the naked eye.” Creating more loft and allowing him to better use the entire field have been the goals behind the tweaks.

One thing that hasn’t changed is what our lead prospect analyst Eric Longenhagen has descried as a “sometimes ugly looking cut, which has a strange, choppy stride… an odd look, but it works for him.” Read the rest of this entry »

Ben Lindbergh and Meg Rowley banter about the A’s Las Vegas ballpark renderings, Brayan Bello’s extension with the Red Sox, and MLB’s Spring Breakout games, provide an update on EW listeners’ MLB ballpark meetup events, then preview the 2024 Baltimore Orioles (28:59) with The Baltimore Banner’s Danielle Allentuck, and the 2024 San Francisco Giants (1:04:38) with The Athletic’s Grant Brisbee.

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When free agent Matt Chapman signed with the Giants this past weekend, most of my analysis focused upon the ups and downs of his 2023 season and the nature of his contract, which looks comparatively team friendly. One thing I underplayed in the analysis was the extent to which San Francisco’s winter stands out relative to the competition. Even before the addition of Chapman, the Giants had spent more money on free agents than any other team besides the Dodgers, and likewise project to receive more WAR from those additions than any team besides their longtime rivals.

Based on the data in our Free Agent Tracker, the Giants have now committed $261.25 million in guaranteed salaries: $113 million to center fielder Jung Hoo Lee, $44 million to righty Jordan Hicks, $42 million to DH/outfielder Jorge Soler, and $8.25 million to catcher Tom Murphy; this accounting does not include the major league salaries that shortstop Nick Ahmed or lefty reliever Amir Garrett will get if they make the big league roster; last month, they each signed minor league deals as non-roster invitees. San Francisco’s additions may not be as eye-catching as signing either Carlos Correa or Aaron Judge would have been last offseason, and the team still projects for a middle-of-the-pack 82 wins after going 79-83 last year, but the Giants may not be done spending some of the money that was burning a hole in their pockets. They remain interested in Blake Snell, especially in the wake of injuries within their rotation.

Of course, the Dodgers blow the field away when it comes to spending, even if we stick to the adjusted salaries once deferred money is factored in, with a total of $853.2 million: $437.83 million to Shohei Ohtani (down from a sticker price of $700 million), $325 million to Yoshinobu Yamamoto, $20.434 million to outfielder Teoscar Hernández (down from $25 million), $10 million to Clayton Kershaw (with incentives that can increase the value significantly for both 2024 and ’25), $9 million apiece to Ryan Brasier and Jason Heyward, $8 million to Joe Kelly, $7 million to James Paxton, and $4 million to Enrique Hernández.

Here’s a look at the 30 teams’ free agent spending. Note that, as above, these figures factor in the applicable deferrals but not incentives, escalator clauses, or split-contract salaries from minor league deals:

As you can see, five teams committed less than $10 million each this winter, and of the bottom seven teams, four (the Orioles, Rays, Twins, and Marlins) made the playoffs last year. Free agency isn’t the only route to improve a team, but particularly with regards to the Orioles, one can empathize with fans who are disappointed that last year’s success hasn’t translated into a shopping spree to improve their odds of getting back to the postseason.

The 30 teams have committed a total of $2.74 billion to free agents so far, and even though that figure will increase once Snell and Jordan Montgomery sign, overall spending will still be lower this offseason than in recent ones. Based on the data at RosterResource, teams spent $4 billion last offseason ($2.22 billion on the top 12 free agents alone) and $3.22 billion in the lockout-interrupted offseason of 2021–22. For this winter, spending works out to an average of $91.38 million per team, but that figure is skewed by the top teams to such an extent that the median is just $49.25 million; only nine teams exceeded the mean.

Beyond the dollars, I thought it would be worth revisiting some free agent accounting we’ve done in the past, regarding WAR added and lost in free agency. This isn’t quite as straightforward as it sounds, as we’ll soon see.

This is the most basic accounting, lumping together players signed to major league deals and those who had to settle for minor league ones; the latter inflates the counts of some of these teams well into double digits. It’s worth noting that where players spent time with multiple teams in 2023, I’ve only counted their WAR with their last team on the outgoing side, but their full-season WAR on the incoming side. Consider the case of Jeimer Candelario, who produced 3.1 WAR for the Nationals and then 0.2 WAR for the Cubs. To these eyes, crediting the Reds as adding a 3.3-WAR player properly conveys the impact of a substantial addition. The question is whether to count the Cubs as losing 3.3 WAR (via a player they acquired without intending to retain) or 0.2 WAR (reflecting the transient nature of a late-season addition). I went with the latter option.

The total number of outgoing free agents shown above (277) doesn’t include 11 additional players from the KBO and NPB, eight of whom have signed (all but Trevor Bauer, Adam Plutko, and Yasiel Puig), meaning that from among that total, 73 — about 25% — are unsigned. Most of the unsigned are fairly low impact players, in that just 13 produced at least 1.0 WAR last year, with Montgomery (4.3), Snell (4.1), Brandon Belt (2.3), Mike Clevinger (2.2) and J.D. Martinez (2.2) the only ones above 2.0. Meanwhile, 35 of them produced zero or negative WAR, though to be fair, that was often in limited opportunity.

While the eight foreign players who have signed are counted in the total number of signed free agents above, they didn’t produce any WAR within MLB. Thus, the fact that three teams outrank the Dodgers in terms of net free agent WAR comes with the caveat that the Los Angeles total doesn’t include Yamamoto.

I’ll come back to that issue, but first let’s note the teams at the extremes. Ahead of the Dodgers are three teams who had a bunch of players hit the open market, but who were at best minimally productive in 2023, and who all went out and made at least a few solid moves. Of the dozen Reds to test free agency, including the still-unsigned Joey Votto, only Harrison Bader produced even 1.0 WAR in 2023, and he nonetheless was 0.2 wins below replacement after being acquired from the Yankees. On the other side, in addition to Candelario, the team shored up its pitching by adding starters Nick Martinez and Frankie Montas, relievers Brent Suter and Emilio Pagán, and more — not big moves, but enough to put them at the top. The Cardinals shed five players, most notably Dakota Hudson, and overhauled their rotation by adding Sonny Gray, whose 5.3 WAR as a Twin tied Kevin Gausman for the AL lead, as well as Kyle Gibson and Lance Lynn; they also added Keynan Middleton to the bullpen and staffed their bench with Brandon Crawford and Matt Carpenter. Of the eight Royals who became free agents, only Zack Greinke produced 1.0 WAR, but they beefed up their pitching, with starters Seth Lugo and Michael Wacha; their lineup, with Hunter Renfroe; and their bench, with Adam Frazier and Garrett Hampson to their bench. These moves won’t win them the division, but they’re at least proof of life.

The Dodgers’ figures on both sides of the ledger are inflated by their keeping Brasier, Enrique Hernández, Heyward, Kelly, and Kershaw, but they did shed the still-unsigned J.D. Martinez and Julio Urías, replacing them with the market’s two most expensive players. The Diamondbacks re-signed Lourdes Gurriel Jr. and didn’t lose anybody who produced at least 1.0 WAR for the team, while the only departing Giant to meet that threshold was Sean Manaea.

At the other end of the spectrum, it’s striking that the bottom five teams include three AL postseason participants plus one NL team that barely missed it. Whether they won it all or fell short, their offseasons have resulted in some downsizing of payrolls and perhaps expectations.

In the wake of last year’s $255 million flop, the uncertainty regarding their local broadcast deal, and the death of chairman Peter Seidler, the Padres gutted their pitching staff, with Snell, Lugo, Martinez, Wacha, and closer Josh Hader among those departing, along with catcher Gary Sánchez, whom they plucked off the scrapheap and who had his best season since 2019. Most of the money they’ve spent this offseason was on their bullpen, with Wandy Peralta, Japanese lefty Yuki Matsui and Korean righty Woo-Suk Go joining the fold. The Twins shed Gray, Kenta Maeda, and Tyler Mahle from their rotation, and both Donovan Solano and Michael A. Taylor remain unsigned but unlikely to return; meanwhile their most impactful addition is first baseman Carlos Santana. The Blue Jays let Chapman depart, along with Belt, Hicks and Whit Merrifield; they cobbled together a lower-cost third base solution, which includes the incoming Justin Turner and Isiah Kiner-Falefa, retained center fielderKevin Kiermaier, and took a flier on Cuban righty Yariel Rodriguez, who spent three seasons in NPB. The Rangers may still re-sign Montgomery, but for now he counts only on the outbound side, and they also shed relievers Aroldis Chapman, Chris Stratton, and Will Smith, plus catcher/DH Mitch Garver. Their rotation is full of question marks as they bank on Jacob deGrom, Max Scherzer, and Mahle having strong returns from surgery. Veteran righty David Robertson should bolster the bullpen, and Garver’s departure is mitigated by the eventual arrival of top prospect Wyatt Langford.

Since the impact of the foreign free agents isn’t reflected in the table above, I took one more look at the landscape using projected WAR on the incoming side. Instead of taking it straight from our Free Agent Tracker — that uses Steamer, which is available in time for the opening bell of the offseason, but not ZiPS, which takes longer to prepare — I took the more labor-intensive route by swapping in our Depth Charts projections, which takes an average the two systems:

Despite accounting for Yamamoto, the Dodgers actually fall in the rankings due to known injuries (Ohtani won’t pitch in 2024, while Kershaw could be out until August) and regression (Brasier and Heyward, particularly), while the Giants surpass them with the addition of Lee. Also notable on the upper end are the Mets, mainly due to anticipated rebounds from Manaea, Bader, and Luis Severino. On the other side, the Orioles stand out more than in the previous table, mainly because the only free agent they signed to a major league deal, Craig Kimbrel, is projected to regress. Given that both Kyle Bradish and John Means have been sidelined with elbow injuries to start the season, it seems possible the O’s could add a low-cost starter who might boost their standing here a bit.

Thanks to our tools at FanGraphs, free agency is easy to track, even if I’ve made it more labor-intensive for this exercise. It’s hardly the only route by which teams improve, however. For example, the Orioles traded for Corbin Burnes, who may outproduce any of the starters who were signed. But in the big picture, the patterns I’ve illustrated offer us plenty of hints about what to expect from the upcoming season.

Less than a week after Cody Bellinger signed a three-year deal that allows him to opt out after each of the first two seasons, Matt Chapman has done the same. The 30-year-old third baseman, who spent the past two seasons with the Blue Jays, has agreed to a three-year, $54 million deal with the Giants, with a mutual option for a fourth year — a deal that looks significantly less favorable than that of Bellinger.

Chapman placed seventh on our Top 50 Free Agents list in November, and like Bellinger (who was third on the list) sought and seemed likely to land a larger contract, particularly given the track record of their mutual agent, Scott Boras. That said, Chapman hit free agency after an uneven season, with his overall numbers (.240/.330/.424 for a 110 wRC+ with 3.5 WAR) representing a slight falloff from his 2022 performance (.229/.330/.433, 118 wRC+, 4.2 WAR). A closer look shows that last year Chapman had just two productive months and four bad ones, as well as difficulties hitting with runners in scoring position.

I’ll explore those details below, but the overarching impression I get from this deal — far more so than from Bellinger’s contract, in fact — is that Chapman and Boras overestimated how robust the market for his services would be and had to settle for much less. According to TSN Sports’ Scott Mitchell, the third baseman declined a six-year, $120 million extension offer from the Blue Jays at some point within the past year. His new contract falls short of that average annual value, even though it is half the length.

As initially reported, Chapman is guaranteed $20 million for 2024, $18 million for ’25, and $16 million for ’26, but the breakdown is more complicated. He’ll receive a $2 million signing bonus and a $16 million salary for 2024, with a $17 million player option and $2 million buyout for ’25, an $18 million player option and $3 million buyout for ’26, and then a $20 million mutual option and $1 million buyout for ’27. So if this winds up being a one-year deal, he’ll make $20 million ($2 million signing bonus, plus $16 million salary, plus $2 million buyout); for the two-year deal, it’s $38 million (the initial bonus, salaries of $16 million and $17 million, and a $3 million buyout); and for the three-year deal, it’s $54 million (bonus, salaries of $16 million, $17 million, and $18 million, $1 million buyout). If the mutual option is picked up — which is certainly no guarantee, considering he’ll be entering his age-34 season — the total value of the four-year deal will be $73 million (that $54 million, minus the $1 million buyout, plus $20 million). Got all that?

Chapman’s $18 million AAV is 25% below Ben Clemens’ estimate from our Top 50 list. Ben figured that Chapman would get $24 million per year (five years, $120 million), while our median crowdsource estimate came in at a $20 million AAV (four years, $80 million). By comparison, Bellinger’s $26.7 million AAV actually topped the estimates of $25 million per year by Clemens and $24 million per year by our crowd. What’s more, where Bellinger’s deal appeared to be a slight overpay relative to Dan Szymborski’s ZiPS-projected contract of three years and $70 million, Chapman’s deal falls short of the three-year, $79 million contract projected by the ZiPS model:

For both deals, Dan also provided contract valuations with the opt-outs priced in: three years and $58 million for Bellinger, and three years and $66 million for Chapman. The former exceeded the model’s estimate by about 38%, but the latter fell short by about 18%. That’s quite a haircut, particularly when one considers the questions of sustainability of Bellinger’s performance given his dreadful 2021–22 stretch and last year’s batted ball stats, which reflected a more contact-based two-strike approach. By comparison, for Chapman — who is more than two years older, which is already reflected in ZiPS — the concerns are more garden variety ones about season-to-season variance and aging.

Traditional numbers amplified the perception that Chapman’s decline from 2022 to ’23 was steeper than the advanced stats suggest; his 17 home runs and 54 RBIs last season were a considerable dip from his 27 home runs and 76 RBIs the year before. His career-low full-season RBIs total was in large part the product of a .215/.320/.299 (77 wRC+) performance with runners in scoring position. It was an anomalous showing — he produced a 122 wC+ in 170 PA with runners in scoring position in 2022, and owned a 128 wRC+ in that capacity for the first six years of his career — but it was poorly timed.

Situational hitting aside, Chapman’s monthly splits further shed light on why his season may have been viewed as worse than it actually was:

Chapman’s strong start was impossible to sustain — he had a 32.9% barrel rate over the first month of the season — but his production didn’t regress so much as it cratered. He posted a .205/.298/.361 (84 wRC+) line after April. The split on the bottom two lines illustrates Chapman’s numbers before and after spraining his right middle finger in a weight room mishap; he initially missed three games after suffering the injury, then went just 5-for-32 with a 40% strikeout rate in nine games before landing on the injured list. He missed 15 games and continued to be unproductive in the 15 games he played between his return and the end of the regular season, though he barreled the ball at a 16.2% clip, with a 51.4% hard-hit rate in that final stretch.

Chapman’s strikeout rate crept up one point from 2022, to 28.4%, but when he made contact, he absolutely pasted the ball. He produced average exit velocities of 92.5 mph or higher and hard-hit rates of at least 51.4% or higher in every month except August (90.0 mph and 42.6%, respectively), while his barrel rates were 10.5% or higher in every month except May (9.2%). His full-season 93.4 mph average exit velocity and 17.1% barrel rate both placed in the 98th percentile, while his 56.4% hard-hit rate trailed only that of Aaron Judge among all hitters. He was unlucky in the power department, in that he fell 3.7 home runs short of his expected total based upon the batted ball specs of his biggest flies, a gap that ranked eighth in the majors. He fell 33 points short of his .457 expected slugging percentage.

Chapman did play very good defense, with 12 DRS, 4.5 UZR, and 3 RAA. Those numbers all represented improvements on his 2022 metrics, even in about 130 fewer innings. That performance didn’t escape recognition, as he took home his fourth Gold Glove.

In all, it was a good-not-great season, one with an arc that didn’t particularly help Chapman’s cause. It was reported back in May that he and the team were both interested in an extension, though it’s not clear when the Blue Jays offered him the $120 million deal. Chapman turned down Toronto’s $20.325 million qualifying offer as well, but in mid-November, the team was still reportedly “making a big push” to keep him.

Yet the Blue Jays, who at one point thought they had landed Shohei Ohtani, and who were viewed as being the favorites to sign Bellinger, instead chose to make a series of smaller moves: They re-signed Kevin Kiermaier to a one-year deal in late December, signed Isiah Kiner-Falefa to a two-year deal soon afterward, and added Justin Turner on a one-year deal in late January. With Kiner-Falefa, Turner, Santiago Espinal, and Cavan Biggio all in the fold, the Blue Jays figured they had third base covered, even if that quartet doesn’t make up for the production that Chapman would have provided. Our Depth Charts projects the Blue Jays to finish with 2.1 WAR at third base; Chapman is projected for 3.3 WAR by Depth Charts. In addition to the roster crunch, Chapman’s salary, even at a discount, was more than what the team was comfortable paying after pivoting to those other players. The Blue Jays’ luxury tax payroll is estimated to be just under $12 million above the first Competitive Balance Tax threshold ($237 million), and they will be paying the tax for a second straight season.

With half a dozen teams — the Angels, Braves, Cardinals, Guardians, Padres, Red Sox — already committing at least $20 million to their third basemen on deals that extend through at least 2026, plus the Dodgers and Yankees prioritizing spending elsewhere and the Mets looking to cut expenses, Chapman only had a limited number of options for landing spots. The Mariners, Cubs, and Giants were the only teams other than the Blue Jays that were publicly connected to him.

This is the latest move for the Giants in a winter that also included a six-year, $113 million deal for center fielder Jung Hoo Lee , four years and $44 million for righty Jordan Hicks, three years and $42 million for DH/outfielder Jorge Soler, and two years and $8.25 million for catcher Tom Murphy. The signing of Chapman bumps J.D. Davis — his college teammate at Cal State Fullerton, incidentally — out of the lineup and provides San Francisco a solid upgrade, particularly in the field, where he’ll be playing behind a staff with three projected starters (Logan Webb, Alex Cobb, and Hicks) who last year had groundball rates above 57%.

Davis hit .248/.325/.413 (104 wRC+) while playing 116 games at third base (105 of them starts), 15 at first base, and 14 at DH. Long saddled with a reputation as a below-average defender, he put in considerable work to improve, and in a career-high 915.2 innings at the hot corner produced a mixed bag of metrics (-11 DRS , 0.8 UZR, 4 RAA). With lefty-hitting LaMonte Wade and righty Wilmer Flores the most likely combination at first base and Soler taking the bulk of the playing time at DH, Davis doesn’t have a clear path to playing time and could be a trade candidate. President of baseball operations Farhan Zaidi acknowledged the team’s surplus of infielders, telling reporters, “We’ll explore different things. It’s certainly possible that a move or two happens before the end of camp.’’

Perhaps more notably, Zaidi refused to rule out another free agent addition and indicated that the team could go over the $237 million CBT threshold. (RosterResource places their payroll at $230.5 million for tax purposes.) With the team already waiting for Cobb and Robbie Ray to return from surgeries at some point during the season, and having just lost Tristan Beck to aneurysm surgery, sources told the San Francisco Chronicle that the Giants remain in the mix for Blake Snell, another Boras client.

As for Chapman, here’s his ZiPS percentile breakdown:

It’s not hard to envision Chapman putting in a strong enough season to opt out, but it is worth remembering that Oracle Park particularly tends to suppress right-handed power, which is Chapman’s calling card on offense. All of which is to say that next winter, he could suffer from a similar perception problem if his counting stats don’t rebound, and so to these eyes, he’s carrying a greater share of the risk than he otherwise might have. However much this gets spun as a win-win deal like that of Bellinger, this looks like a case where Boras and his client came up short.

When the Cardinals signed Brandon Crawford to a one-year, $2 million deal earlier this week, the first thing that popped into my mind was a two-word hashtag. I figured it wouldn’t be long before the Giants’ social media accounts would send out the same thing they always post in response to the departure of a franchise icon: #ForeverGiant.

Of course, #ForeverGiant is a public relations gimmick, a way for the organization to soften the blow for fans who are sad to see one of their favorite players retire or, worse, wearing another team’s uniform. Yet in the case of Crawford, who grew up a Giants fan in the Bay Area and who became the franchise’s all-time leader in games played at shortstop, those two words actually rang true. They weren’t a ploy; they were a promise.

That’s why Crawford’s leaving San Francisco is sad for many Giants fans and weird for the rest of us. But moving on from something and getting over it are not the same thing. It was time for the Giants to move on from Crawford, to let him go somewhere else, even if it wasn’t an easy decision. Read the rest of this entry »

Last year, the Giants had a bit of a run scoring problem. Still, for much of the season, their middle-of-the-pack offense proved to be sufficient thanks to an excellent pitching staff; in early August, our playoff odds had them with an 80% chance of reaching the postseason. But from there, the bats went silent, as San Francisco rounded out the season with a team wRC+ of 83, losing out on not just a playoff spot but also a winning record. These struggles gave the Giants a clear area to upgrade during the offseason, and they did just that, kicking off their winter by signing contact machine Jung Hoo Lee, then later adding thunderous slugger Jorge Soler to the mix.

With these new faces on the roster, let’s think about what the Giants’ everyday lineup will look like. They have clear starters at each up-the-middle position, with Lee in center field, Thairo Estrada and Marco Luciano as the double play combo on the infield, and Patrick Bailey catching. Thanks to comments from general manager Farhan Zaidi, we know the outfield corners will primarily be manned by Mike Yastrzemski and Michael Conforto, with Soler serving as an everyday DH. This leaves the corner infield spots to be staffed by LaMonte Wade Jr., Wilmer Flores, and J.D. Davis. Read the rest of this entry »

Spring training is in full swing, and while there’s still a trickle of higher-profile free agents such as Cody Bellinger and Tim Anderson finding homes — not to mention a handful of unsigned ones, from NL Cy Young winner Blake Snell and postseason stud Jordan Montgomery on down — most teams are taking shape, albeit with plenty to sort out while in camp. Still, all but the powerhouses have some lineup holes remaining, and while they may not be likely to open their checkbooks to land the likes of Matt Chapman, it’s worth keeping their vulnerabilities in mind.

To that end, I wanted to revisit an exercise I performed last year, one that bears more than a passing resemblance to the annual Replacement Level Killers series I roll out prior to the trade deadline. This one is a little different, as it comes prior to the season and relies entirely on our projections, which combine ZiPS and Steamer as well as playing time estimates from RosterResource. Those projections also drive our Playoff Odds.

There are a couple of wrinkles to note here. Where last year and for the in-season series I have generally used a 10% chance of reaching the playoffs as a cutoff for what we might loosely define as a contender, this year’s odds are distributed such that only four teams (the A’s, Nationals, Rockies, and White Sox) fall below that threshold. Thus I’ve raised the cutoff to 25%, leaving the Angels, Pirates, and Royals below the bar but including the Red Sox (25.6% at this writing) and Reds (25.7%), both of which forecast for 80 wins. Gotta love this expanded playoff system, right? Ugh. Read the rest of this entry »