With a major offseason deadline now upon us, here are three things we’ll be keeping an eye on around the baseball world throughout the day today:
1. The non-tender deadline is today:
The deadline for clubs to tender contracts to the players in their organization is 7pm CT this evening. The annual deadline never fails to spur activity with arbitration-level players, who typically are at the greatest risk of being non-tendered. MLBTR’s Anthony Franco discussed the process and a wide-ranging list of possible non-tender candidates yesterday, and it wouldn’t be much of a surprise to see a transaction regarding any player on that list at some point before this evening’s deadline. That transaction could be a non-tender, allowing the player to depart for free agency early rather retaining them at an arbitration-level price tag, but it could also come in the form of a trade to another club more willing to pay that arb price or even a pre-tender deal where the sides avoid arbitration at a lower price point to save the club some money and offer the player some certainty.
2. Could the trade market heat up this weekend?
Earlier this week, the Cubs swung a pair of trades on the same day. They acquired right-hander Eli Morgan, who is slated to be eligible for arbitration for the first time in his career this winter, from the Guardians in exchange for outfield prospect Alfonsin Rosario. They also acquired recently DFA’d catcher Matt Thaiss in a cash deal with the Angels. It’s likely that we’ll see an uptick of trades similar to both of these deals over the coming days.
With the arrival of the non-tender deadline today, several arb-eligible players on the bubble of being non-tendered get moved today, either off teams looking to cut costs to teams with budget space available, or from a team that would otherwise non-tender a player to one interested in offering him an arb-level contract. Aside from that, we saw a slew of players DFA’d in advance of the Rule 5 Draft protection deadline earlier this week. Any number of them could be flipped to another club via trade or waivers. That could lead to a handful of minor trades similar to the Thaiss deal, where a club adds a player for a typically relatively minor return, and there will also surely be plenty of waiver activity (and subsequent DFAs) in the days ahead.
3. Who else will meet with Snell?
Two-time Cy Young winner Blake Snell reportedly met with both the Red Sox and Dodgers recently, giving a glimpse into the soon-to-be 32-year-old’s market. Ken Rosenthal of The Athletic suggested yesterday that both the Blue Jays and Orioles could soon set up meetings with Snell, adding that the left-hander is aiming for a shorter stay on the free agent market this time around after waiting until March 19 to sign last winter.
It seems fair to presume that the Yankees (who had interest last offseason) and Mets (who saw 60% of their rotation reach free agency) could also sit down with the lefty. Snell could potentially hold broader appeal than fellow free agent aces Corbin Burnes and Max Fried due both to his lack of a qualifying offer and the fact that his age could tamp down the length of his contract (at the likely trade-off of a premium annual value). Might that create a few surprise suitors who don’t typically shop in the deep end of the free-agent pool?