Yusei Kikuchi

Angels Sign Yusei Kikuchi

By Nick Deeds | November 27, 2024 at 3:05pm CDT

The Angeles officially announced the signing of Yusei Kikuchi to a three-year deal on Wednesday afternoon. Kikuchi, a client of the Boras Corporation, is guaranteed $63MM. He’ll make even $21MM salaries over the contract.

Kikuchi, 33, spent nine seasons pitching for NPB’s Seibu Lions before he was posted for major league clubs prior to his age-28 campaign during the 2018-19 offseason. The lefty landed with the Mariners on a complex contract that guaranteed the southpaw $56MM over four years, with the fourth year being a $13MM player option that the Mariners could preempt by picking up a four-year club option worth $66MM.

Complicated as that contract was, however, Kikuchi’s time in Seattle was both disappointing and straightforward. The lefty struggled over his first two seasons in the majors, posting a lackluster 5.39 ERA and 5.17 FIP between the 2019 and ’20 seasons.

He managed to turn things around a bit in 2021, however, with a 4.41 ERA (96 ERA+) and a 4.61 FIP. While those numbers hardly jump off the page, Kikuchi was an All-Star in 2021 and looked dominant at times, with a 2.33 ERA and a 27.5% strikeout rate in an 11-start stretch from late April to early July. Kikuchi took a gamble and entered free agency despite his uneven season. That decision wound up paying off, as he would eventually sign with the Blue Jays on a three-year, $36MM contract. His time in Toronto started off much like his stay in Seattle, as he struggled badly in 2022 to the tune of a 5.19 ERA and 5.62 FIP in 100 2/3 innings of work split between the bullpen and rotation.

The lefty finally figured things out at the age of 32 last season, however, and showed off the consistent, mid-rotation production both the Mariners and Jays had dreamed on when signing him. In 32 starts for Toronto in 2023, Kikuchi pitched to a solid 3.86 ERA with a 25.9% strikeout rate against a 6.9% walk rate. That solid campaign seemed to tee the lefty up for another steady season in 2024, though he once again faced a number of ups and downs. Kikuchi’s time in Toronto this year saw him drastically underperform his underlying metrics, as he pitched to a lackluster 4.75 ERA despite his 26.2% strikeout rate and 6% walk rate both being improvements over the previous season. Despite that ugly ERA, the lefty had a 3.66 FIP, 3.51 SIERA, and 3.43 xFIP during his 22 starts with the Blue Jays this year.

Those exciting peripherals surely helped convince the Astros to package youngsters Jake Bloss, Joey Loperfido, and Will Wagner in a trade with the Jays that brought Kikuchi to Houston for the stretch run. That was a hefty price to pay for a rental, but the lefty made good on his price tag with ten dazzling starts for the Astros following the trade deadline. He racked up 60 innings of 2.70 ERA ball, struck out a whopping 31.8% of opponents while walking just 5.9%, and improved his overall season numbers to a league average 4.05 ERA with a 3.46 FIP that was good for the 16th-best mark among all qualified big leaguers this year, sandwiched comfortably between top free agent starters Max Fried (3.33) and Jack Flaherty (3.48).

Now, the Angels are betting on those excellent peripherals just as their division rivals in Houston did over the summer. Amidst a busy November where they’ve already struck early to land Jorge Soler, Travis d’Arnaud, Kevin Newman, and Kyle Hendricks via trade and free agency, the club has now gone out of its typical comfort zone to sign Kikuchi to the largest guarantee the Angels have given a free agent starter since right-hander C.J. Wilson’s five-year, $77.5MM deal in 2011. Kikuchi is just the second starter the club has signed to a multi-year pact since then, joining future rotation-mate Tyler Anderson. Kikuchi, Anderson, and Hendricks figure to create a veteran nucleus for Anaheim’s starting staff next year that could help to take pressure of younger arms such as Reid Detmers, Chase Silseth, and Jack Kochanowicz.

While Kikuchi’s up-and-down performance may cause his new deal to raise some eyebrows, the pact is right in line with the $60MM over three years that MLBTR predicted for the lefty on our annual Top 50 MLB free agents list. Kikuchi ranked 12th overall and 6th among starters on that list, placing him firmly behind top-of-the-class arms like Corbin Burnes, Blake Snell, and Fried but in a similar conversation as fellow southpaw Sean Manaea among the better mid-tier options on the market. Notably, Kikuchi was unencumbered by a Qualifying Offer after being rendered ineligible by the midseason trade that shipped him to Houston. That surely made him more attractive to an Angels club that has relied heavily on the draft in recent years while fast-tracking players such as Nolan Schanuel, Zach Neto, and Ben Joyce to the majors.

Prior to signing with Anaheim this morning, Kikuchi had been connected to the Cubs in free agency as the club seemingly plans to focus on the mid-tier of the starting pitching market this winter with a preference towards hurlers not encumbered by a QO. The Braves and Rangers are among the other teams rumored to be shopping in a similar tier of the market, and any team that missed out on Kikuchi should still have a few options at their disposal this winter. Flaherty, Nathan Eovaldi, Matthew Boyd, and Andrew Heaney are among the pitchers remaining unencumbered by the QO expected to land multi-year deals, and interesting one-year options such as Walker Buehler and Max Scherzer also remain on the table.

Jon Heyman of The New York Post first reported the terms.

MLBTR Podcast: Yusei Kikuchi, The Aggressive Angels, And The Singer/India Trade

By Darragh McDonald | November 27, 2024 at 9:49am CDT

The latest episode of the MLB Trade Rumors Podcast is now live on Spotify, Apple Podcasts, and wherever you get your podcasts! Make sure you subscribe as well! You can also use the player at this link to listen, if you don’t use Spotify or Apple for podcasts.

This week, host Darragh McDonald is joined by Tim Dierkes of MLB Trade Rumors to discuss…

The Angels having an agreement in place with Yusei Kikuchi (2:00)
The Royals trading Brady Singer to the Reds for Jonathan India and Joey Wiemer (10:30)

Plus, we answer your questions, including…

For the Juan Soto sweepstakes, will agent Scott Boras just ask each club for its best offer? Or tell each club what others are offering to try to spur a bidding war? (20:45)
The Athletics are reportedly trying to have a $100MM payroll in 2025. Please come up with a plan to help them spend that money. (25:05)
It seems that third base is going to shape the destiny of the 2025 Mariners. How soon will they get over themselves and sign Alex Bregman or another top free agent? (29:40)
What do you think of the Nationals’ decision to non-tender Kyle Finnegan? (34:15)
What do you make of the recent reports that the Tigers and Tarik Skubal discussed an extension but didn’t get close? (38:20)

Check out our past episodes!

The Rays’ Stadium Plans, Diamond Sports, And Some Offseason Rumors – listen here
Roki Sasaki, Gerrit Cole’s Non-Opt-Out, And Cardinals Rumors – listen here
Breaking Down The Top 50 Free Agents List – listen here

The podcast intro and outro song “So Long” is provided courtesy of the band Showoff. Check out their Facebook page here!

Latest On Red Sox’ Rotation Plans

By Darragh McDonald | November 26, 2024 at 5:16pm CDT

The Red Sox are looking to improve their rotation this winter but it remains to be seen how exactly that will play out. They have previously been connected to top free agents such as Corbin Burnes, Max Fried and Blake Snell, as well as trade candidate Garrett Crochet.

This week, Bob Nightengale of USA Today reports that the Sox actually want to of those top free agents. Sean McAdam of MassLive reports that the Sox are continuing to keep tabs on the pitching market while engaging with Juan Soto. They did have some interest in lefty Yusei Kikuchi, though it’s unclear how strong that interest was and he now has an agreement with the Angels. As for Crochet, McAdam reports that the Sox have pulled off the gas a bit there, with some unknown club getting “very aggressive” recently.

Very early in the offseason, chief baseball officer Craig Breslow said the club would be looking to the “raise the ceiling” in the rotation and these pursuits all align with that goal. Burnes, Fried and Snell all have long track records of major league success, with Burnes having a Cy Young award and Snell having two of them. Fried doesn’t have the hardware but does have a 3.07 earned run average in just under 900 career innings. Crochet only just transitioned to the rotation in 2024 but did so with aplomb, posting a 3.58 ERA, 35.1% strikeout rate, 5.5% walk rate and 45.1% ground ball rate in 146 innings.

Any one of those pitchers would be a nice upgrade for Boston or any other club, though that will also make them very popular. In addition to the Sox, those pitchers have been connected to clubs like the Blue Jays, Orioles, Yankees, Dodgers and Padres. There are plenty of other clubs that also make sense, even if they haven’t been explicitly tied to those pitchers in rumors.

For the Sox to come away with two of those pitchers would make for quite an aggressive offseason, but that’s exactly what the club has been signaling. Both Breslow and CEO Sam Kennedy have made comments suggesting the club is planning to act boldly this winter, with Kennedy recently saying that paying the competitive balance tax is on the table. Many fans of the club will bring up last year’s “full throttle” comments from chairman Tom Werner and how those didn’t precede much action last winter, but the club is being more specific this year. Kennedy has repeatedly said the goal is to field a club capable of winning 90 to 95 games and taking the division.

Spending money on free agents is one way they could go about accomplishing that. RosterResource projects the 2025 club for a payroll of $138MM, well below their $184MM spending from 2024, which was itself a drop from what they spent in the previous decade. RR pegs the club’s CBT number at $171MM, which is $70MM below the lowest threshold.

There’s plenty of room in there for two notable contracts, though successfully signing Soto would obviously completely change the calculus, given the expectation that he’ll sign a record-setting contract. Leaving that aside for now, big contracts for two of the big free agent starters is a feasible outcome. As part of MLBTR’s Top 50 Free Agents post, each of Burnes, Fried and Snell were projected for contracts with average annual values between $26MM and $32MM. Putting two of those onto Boston’s payroll still wouldn’t even get them to the CBT line. They will presumably also make additions to the bullpen and maybe the position player group as well, but with a willingness to cross the line, all sorts of possibilities could be on the table for them.

Crochet would be far cheaper from a financial perspective, with the biggest cost coming in the form of prospect capital. Since he has spent so much of his career either working in relief or injured, he is down to two years of club control but hasn’t been able to raise his salary very high through the arbitration process. He made just $800K in 2024 and MLBTR contributor Matt Swartz projects him for a raise to just $2.9MM in 2025. He would be due another raise in 2026 before he’s slated to become a free agent.

Two years of an ace-caliber pitcher for that kind of money is tremendous value, which is why Crochet figures to be very popular in trade talks. The Red Sox have a strong farm system and could certainly get a deal done if they wanted to, though it seems some mystery club has pulled ahead of them, per McAdam’s reporting.

For now, the Boston rotation projects to be fronted by Tanner Houck, Brayan Bello and Kutter Crawford. Houck had a breakout season in 2024 but may have run out of gas, as he had a 2.54 ERA in the first half and a 4.23 mark in the second. Bello and Crawford are each coming off decent but not outstanding seasons, each finishing with an ERA in the 4.35-4.50 range. Lucas Giolito and Garrett Whitlock could be in the mix in 2025 but they are fairly unknown quantities right now as each underwent internal brace surgery in 2024.

Adding to that group would improve Boston’s chances in 2025 while bumping guys like Cooper Criswell, Richard Fitts and Quinn Priester to depth roles, either in the minors or in the big league bullpen.

The interest in Kikuchi suggests that the Sox are also open to some of mid-market options. With Kikuchi now gone, some of the other names that could be in line for somewhat similar deals include Jack Flaherty, Sean Manaea, Nathan Eovaldi, Luis Severino and old friend Nick Pivetta.

The qualifying offer will likely be a factor, depending on who the Sox ultimately sign. Snell, Eovaldi and Flaherty were ineligible to receive a QO, Snell and Eovaldi because they had already received one and Flaherty because he was traded midseason. Burnes, Fried, Manaea and Severino rejected QOs, meaning the Sox would have to forfeit their second-best pick in next year’s draft and $500K of international bonus pool space to sign them. Pivetta rejected a QO from the Red Sox, meaning they stand to receive a compensation pick just ahead of the third round if he signs elsewhere, though they would not receive that pick if they ultimately re-sign him.

Cubs Rumors: Rotation Market, Bellinger, Bullpen, Catcher

By Steve Adams | November 22, 2024 at 3:08pm CDT

The Cubs’ focus this offseason has reportedly been on pitching, and while Sahadev Sharma of The Athletic reports that’s very much still the case, he also throws some cold water on the idea of Chicago making a major strike in free agency. Sharma’s colleague, Patrick Mooney, reported less than three weeks ago that the Cubs planned to “aggressively” pursue starters who could help near the top end of the rotation, but Sharma now writes that the “top tier of the starting pitching market has been ruled out.” That would seemingly remove the Cubs from the running for Corbin Burnes, Blake Snell and Max Fried, at the very least.

It’s the latest signal of a measured offseason approach, even at a time when the Cubs’ division appears ripe for the taking. The Cardinals are scaling back payroll and focusing more on player development in 2025 than on putting a playoff-caliber roster on the field. The Brewers, one year after trading Burnes, now seem likely to lose Willy Adames in free agency — and they could also trade closer Devin Williams. The Pirates and Reds have yet to break out as perennial contenders in the Central. Logically speaking, the deep-pocketed Cubs could take an aggressive stance and position themselves well in a wide-open division field.

For now, it seems they’ll shop primarily in the second and third tiers of the rotation market. Sharma points out that the Cubs have typically shied away from starters who’ve been attached to qualifying offers, though it’s worth noting that the Cubs were willing to part with draft picks and international funds in order to sign Dansby Swanson after he rejected a qualifying offer. They technically signed Cody Bellinger after he rejected a QO … though that offer came from the Cubs themselves, so they were really only “forfeiting” the theoretical comp pick they’d have received if he signed elsewhere.

Assuming the Burnes/Snell/Fried trio isn’t being considered by president of baseball ops Jed Hoyer and his staff, the Cubs will be looking at the next tier, with Jack Flaherty, Sean Manaea, Yusei Kikuchi, Nathan Eovaldi, Nick Pivetta and Luis Severino among the options. Of that group, Manaea, Pivetta and Severino rejected QOs and would cost the Cubs their second-highest pick and $500K of international space in their 2025 draft pool.

There are certainly names in that bunch who’d represent upgrades over incumbent starters at Wrigley Field. Justin Steele and Shota Imanaga form a nice one-two punch atop the in-house rotation, and the Cubs will follow them with veteran Jameson Taillon and young Javier Assad. Candidates for the fifth spot include Ben Brown, Jordan Wicks, Hayden Wesneski and top prospect Cade Horton. It’s a nice bunch of arms, but there’s some uncertainty in at least the fifth spot, if not the fourth. Assad posted a solid 3.79 ERA in 29 starts but did so with worse-than-average strikeout, walk and home-run rates. Metrics like FIP (4.64) and SIERA (4.72) are far less bullish than his earned run average.

Looking at the team’s payroll, the Cubs should have some spending room. RosterResource projects a $180MM payroll at the moment — $34MM shy of last year’s Opening Day mark. That includes a full arbitration class that could include some non-tender candidates (e.g. Nick Madrigal, Julian Merryweather).

The Cubs could also explore other ways to drop their payroll further. Ken Rosenthal of The Athletic wrote yesterday that the team could be looking to move Bellinger, though there are plenty of roadblocks to doing so. Bellinger is owed a $27.5MM salary in 2025 and a $5MM buyout on a 2026 player option. If he plays well for a season, the acquiring team would effectively be getting Bellinger at $32.5MM. That’s a hefty price tag in general and particularly for the 2024 version of Bellinger. While he played at an extremely high level in 2023, Bellinger was more of an above-average regular in 2024. A lack of impact left-handed bats and viable center fielders could still lead a team to consider the possibility, it’s hard to imagine a team giving a meaningful return and taking on the remainder/majority of Bellinger’s salary.

Still, moving Bellinger is also one of the only ways for the Cubs to plausibly pursue upgrades to the everyday lineup in 2025. As we noted when listing Bellinger near the back of our list of offseason trade candidates, the Cubs’ roster is already filled with expensive veterans who have no-trade clauses (Ian Happ, Dansby Swanson, Seiya Suzuki) or generally productive and affordable younger players like Michael Busch, Isaac Paredes and Pete Crow-Armstrong. Nico Hoerner might’ve been a trade candidate and could still be — but he also underwent flexor tendon surgery one month ago. Obviously, that cuts down on his appeal. The Cubs have a clear opening for an upgrade at catcher, but the free agent market offers little in the way of meaningful help there.

All of those challenges to upgrading the lineup make a notable splash on the pitching side of things feel more logical, but it seems the Cubs don’t feel similarly — at least not with regard to free agent starters. There are upgrades to be had on the bullpen market, of course, but the Cubs haven’t given out a multi-year deal to a reliever since Craig Kimbrel in 2019. Last winter’s $9MM guarantee to Hector Neris was the largest bullpen expenditure the Cubs have made since signing Kimbrel.

It’s possible the Cubs could just look to the trade market for much of their offseason dealing. The Cubs have a deep farm system with multiple top prospects whose path to a regular role at Wrigley is blocked. There aren’t, however, many impact arms or high-profile arms expected to be available. Crosstown ace Garrett Crochet headlines the offseason class of trade candidates, but demand for him will be fierce and trades of significance between the two Chicago clubs, while not unprecedented (Jose Quintana, Craig Kimbrel), also aren’t common.

There probably are still additional trades on the horizon for the Cubs. Sharma writes that this week’s acquisitions of reliever Eli Morgan from the Guardians and backup catcher Matt Thaiss from the Angels do not mean the Cubs are content in those areas. They’ll continue to explore both free agency and trades for help in those portions of the roster. But if pitching help remains their focus and they’re unwilling to shop in the high-rent district for starters, the Cubs will need to either break tradition with their free agent bullpen targets, get creative on the trade market, be content to address the middle ranks of the starting staff — or a combination of all the above.

MLBTR Podcast: Trade Deadline Recap

By Darragh McDonald | August 1, 2024 at 11:59pm CDT

This week, host Darragh McDonald is joined by Tim Dierkes, Steve Adams and Anthony Franco of MLB Trade Rumors to discuss…

Were the prospect prices high in this year’s trades? Is this a new normal due to the expanded playoffs creating a seller’s market? (2:15)
The three-team trade involving the Dodgers, White Sox, Cardinals, Erick Fedde, Miguel Vargas and others (15:40)
The Rays and Cubs, the buy-sell tightrope and the trade involving Isaac Paredes and Christopher Morel (29:30)
The Astros acquire Yusei Kikuchi from the Blue Jays for a three-player package and the connection to the the Dodgers acquiring Jack Flaherty from the Tigers but the Yankees reportedly being scared off by his medicals (48:00)
The Guardians acquire Alex Cobb from the Giants and acquire Lane Thomas from the Nationals (58:35)
The Orioles acquire Trevor Rogers from the Marlins and acquire Zach Eflin from the Rays (1:09:10)
Will teams have to be more aggressive in the offseason going forward if the expanded playoffs will make less good players available at the deadline? (1:20:35)
The Rockies and Angels held onto a lot of trade candidates (1:23:35)
The Marlins leaned in hard to seller status (1:31:40)
The Padres built a super bullpen (1:44:50)
The Braves acquire Jorge Soler from the Giants (1:47:40)
The Royals acquire Lucas Erceg from the Athletics (1:54:40)

Check out our past episodes!

Trade Deadline Preview – listen here
Top Trade Candidates, Hunter Harvey To KC And The Current State Of The Rays And Mets – listen here
Brewers’ Pitching Needs, Marlins Rumors And The Nats Prepare To Sell – listen here

The podcast intro and outro song “So Long” is provided courtesy of the band Showoff. Check out their Facebook page here!

Astros Designate Rafael Montero For Assignment

By Darragh McDonald | July 31, 2024 at 3:55pm CDT

The Astros announced that they have designated right-hander Rafael Montero for assignment, per Chandler Rome of The Athletic on X. They also optioned righty Seth Martinez, with those two moves opening roster spots for lefties Yusei Kikuchi and Caleb Ferguson, who were acquired prior to the trade deadline yesterday. Matt Kawahara of the Houston Chronicle relayed the full slate of moves on X.

Montero, now 33, is in the second season of a three-year, $34.5MM deal he signed with the Astros after the 2022 season. He had just made 71 appearances for Houston that year with a 2.37 earned run average, 27% strikeout rate, 8.5% walk rate and 52.9% ground ball rate. He recorded 14 saves and 23 holds in the process, then added another ten strong performances in the postseason as the Astros won their second World Series.

But his performance has declined significantly since that contract was signed. He made 68 appearances for the club last year with his ERA ticking up to 5.08. His 26.5% strikeout rate, 9.7% walk rate and 41.2% ground ball rate were all a bit worse than the year prior. There may have been a bit of bad luck in there, as his .358 batting average on balls in play was very high and his 15.3% home run per flyball ratio was almost three times his 5.7% rate from the year prior.

Here in 2024, his 4.70 ERA is actually a slight improvement over last year, but things under the hood are bleak. His 14% strikeout rate and 11.6% walk rate are both significantly worse than last year and also subpar compared to league averages. He’s actually been pretty lucky when considering his .243 BABIP and 78.6% strand rate. His 6.39 FIP and 5.23 SIERA suggest he’s actually been worse than his ERA would indicate.

It was reported last week that the Astros were looking to move Montero’s contract as they pursued pitchers with notable salaries such as Zach Eflin and Jameson Taillon. In the end, it seems they were unsuccessful in finding a taker, which isn’t surprising when considering his numbers. Now that the deadline has passed, their only option will be to put him on waivers and they will therefore see Montero depart for nothing.

Given his performance and contract, he will certainly go unclaimed, at which point he has enough service time to elect free agency while retaining all of his salary. Houston will remain on the hook for it while any other club could then sign him and pay him just the prorated league minimum for any time spent on the roster, with that amount subtracted from what the Astros pay.

That’s obviously not the result the club was hoping for when they signed that deal and it’s yet another development that shines an unflattering light on an unusual period in Astros’ history. Despite winning the 2022 World Series, the Astros parted ways with general manager James Click just days after hoisting that trophy. Click was hired somewhat hastily after Jeff Luhnow was fired in the wake of the club’s sign-stealing scandal coming to light. Owner Jim Crane reportedly had a contentious relationship with Click and decided to pivot, despite the club’s continued success while Click was in charge.

Dana Brown was eventually hired to take over as the club’s GM, but not until January of 2023. There was a period of a few months where Crane decided to run the baseball operations department himself, reportedly advised by former big leaguers Jeff Bagwell and Reggie Jackson.

During that window, the club’s two most significant transactions were the Montero deal and the three-year pact for first baseman José Abreu, both of which turned into huge misfires. Like Montero, Abreu grappled with massive struggles before he himself was released last month. Click later took a job in the front office of the Blue Jays, the club that just acquired Kikuchi for Jake Bloss, Joey Loperfido and Will Wagner.

Montero will surely find himself on the open market in the days to come. Some club could perhaps take a shot on him based on his past success and the fact that there will be effectively no cost. Apart from the 2022 season, his track record is pretty spotty, as he currently has a 4.71 ERA in 462 1/3 career innings. He had a solid run with the Rangers in 2019 and 2020, posting a 3.09 ERA over 46 2/3 innings with a 28.6% strikeout rate and 5.9% walk rate. He was traded to the Mariners prior to 2021 and then struggled badly with a 7.27 ERA, before the Astros acquired him at that year’s deadline. As mentioned, he then had the best season of his career in 2022 before his results tailed off.

Astros Acquire Yusei Kikuchi

By Anthony Franco | July 30, 2024 at 1:59am CDT

The Astros are paying up to get one of the top pitchers on the market. Houston and Toronto announced a trade sending Yusei Kikuchi to the Astros for rookie righty Jake Bloss, outfielder/first baseman Joey Loperfido and minor league infielder Will Wagner. Toronto already had ample 40-man roster space to accommodate the move.

Kikuchi is behind Jack Flaherty as arguably the second-best rental starter on the market. Houston was tied to Flaherty as well as more controllable pitchers like Jameson Taillon, Erick Fedde and Zach Eflin last week. There was never much doubt that the Astros would bring in a starter, as general manager Dana Brown hasn’t been shy about the team’s need for a mid-rotation arm. The asking price on Flaherty always seemed like it might be beyond Houston’s comfort zone, making Kikuchi a sensible fallback.

The 33-year-old Kikuchi has had mixed results this season and throughout his career more broadly. Over 115 2/3 innings this year, he carries a 4.75 ERA that’s right in line with his 4.72 mark in parts of six MLB campaigns. Kikuchi’s strikeout and walk profile is quite a bit more impressive than that run prevention figure suggests. He has punched out 26.2% of opposing hitters while walking only 6% of batters faced. Among pitchers with 100+ innings, Kikuchi ranks 19th in strikeout percentage and 16th in strikeout/walk rate differential. He’s getting swinging strikes at a 12.4% rate that places him among the top 30 in that group.

A .340 average on balls in play and modest 70.6% left on base rate have nevertheless pushed his ERA close to 5.00. Those marks were nearer to league average in 2023, when the Japanese southpaw turned in a 3.86 ERA over 32 starts with similar strikeout and walk rates as he’s posted this season. Houston is betting on positive regression in those sequencing and batted ball results.

Teams have long been intrigued by Kikuchi, who boasts some of the best raw stuff of any left-hander in baseball. His fastball sits north of 95 MPH and he has the ability to miss bats with all four of his offerings (four-seam, curveball, slider, changeup). Kikuchi has had a difficult time keeping the ball in the park throughout his MLB career, though. He’s allowing homers at an elevated 1.32 clip per nine this season and has given up more longballs than the average pitcher in every full season of his major league tenure. Right-handed batters have generally given him trouble, though he’s holding them a more manageable .280/.323/.441 slash in 409 plate appearances this year.

While Kikuchi isn’t without flaws, he’s a plug-and-play option for the middle of a Houston rotation that certainly needed one. The Astros have been hit hard by starting pitching injuries all year. They lost Cristian Javier and José Urquidy to Tommy John surgery. Depth starter J.P. France went down with a season-ending shoulder issue. Justin Verlander has had two injured list stints and has been shelved since the middle of June because of neck soreness. Lance McCullers Jr. has hit continued snags in his effort to return from a flexor tendon surgery. They had to slow down Luis Garcia in his work back from Tommy John surgery, though he’s again throwing bullpen sessions after being pulled off a minor league rehab stint earlier this month.

Framber Valdez is leading the rotation and has a 3.43 ERA over 18 starts. Hunter Brown has bounced back from a disastrous April and pitched like a top-of-the-rotation arm for the last three months. Ronel Blanco has been a godsend after injuries pushed him into the fifth starter role out of camp. He carries a 2.95 ERA across 119 frames.

While that’s a decent top three, the depth is questionable. Spencer Arrighetti has a 5.58 ERA over his first 19 MLB starts. Houston had pushed Bloss to the majors within a year of drafting him, largely reflecting their lack of alternatives in the upper minors. The Astros are hoping to get Verlander and Garcia (and potentially McCullers) back at some point, but they’ve also pushed Blanco to new workload heights. The 30-year-old righty had never thrown more than 88 innings in a major or minor league campaign before this year. He’s already 31 innings beyond that.

Kikuchi, who hasn’t missed a start in two years, has provided the kind of durability that the Astros have generally lacked. There’s injury risk with any pitcher, of course, but the Astros are no doubt thrilled to land a pitcher who is tied for fifth in MLB in starts going back to last year’s Opening Day.

Doing so comes at a cost. Bloss is arguably the top pitching prospect in a fairly thin Houston farm system. A third-round pick out of Georgetown last summer, the 6’3″ righty quickly pitched his way towards the top of the prospect pipeline. Baseball America recently ranked him the #2 prospect in the organization, while he’s in the overall Top 100 (and second in the organization) at FanGraphs.

BA suggests he’s likely to fit at the back of a rotation, while FanGraphs credits him with mid-rotation potential. Both outlets write that his mid-90s fastball plays especially well at the top of the strike zone because of its backspin and Bloss’ deceptively low release height. He has a pair of solid breaking pitches, while his changeup is a work in progress.

Opponents have hit him hard over his three big league starts. He has given up nine runs on 16 hits (including five homers) over 11 2/3 innings. Were it not for Houston’s injury woes, he probably wouldn’t have made his MLB debut yet. Bloss has pitched very well in the minors this season, working to a 1.64 ERA with a 25.6% strikeout rate across 66 innings. Yet he’d made all of eight starts at Double-A and one Triple-A appearance before being pushed to the big leagues out of necessity. A more typical development path would probably still have him at Double-A right now.

Bloss has all three options remaining. The 23-year-old is under control for at least six seasons beyond this one and could stick around even longer if the Jays send him to the minors for further development. Bloss could factor into next year’s rotation as the Jays try to quickly return to contention, maybe slotting into the rotation spot vacated by Kikuchi’s departure.

Getting Bloss alone would’ve been a strong return for a half-season of Kikuchi’s services. Loperfido, 25, ranked as Houston’s #5 prospect on BA’s latest update. A seventh-round selection out of Duke in 2021, he hit his way to the big leagues earlier this year. Loperfido combined for a .278/.370/.510 slash between three minor league levels last season. He was obliterating Triple-A pitching early this season and owns a .272/.365/.568 mark with 13 homers over 39 games in the Pacific Coast League this year.

Of course, the PCL is an extremely favorable environment for hitters. BA’s scouting report credits Loperfido with above-average but not elite power. He was striking out an elevated 28% clip against Triple-A pitching. The whiffs have carried over in his first look at MLB arms. Loperfido has fanned in 36.4% of his 118 MLB plate appearances to date. He’s hitting .236/.299/.358 in 38 games.

Loperfido isn’t a great athlete or defensive player. He was drafted as a second baseman but he’s moved off the position entirely this year. Houston has divided his time between the outfield and first base in Triple-A. They haven’t given him any major league starts at first base, which is a bit of a surprise considering the mediocre production they’ve gotten out of the position from Jon Singleton and the since-released José Abreu.

Wagner is the third piece in the deal, but he’s a prospect in his own right. The son of seven-time All-Star Billy Wagner, Will ranks 19th in the Houston system at Baseball America. A former 18th-round pick out of Liberty, Wagner has outperformed his draft stock and is posting huge numbers in Triple-A. He’s hitting .307/.424/.429 with a massive 16.2% walk percentage against a tiny 10.2% strikeout rate across 324 plate appearances.

The left-handed hitting Wagner is old for the level — today is his 26th birthday — but he has little more to prove in the minors. He has divided his time between first, second and third base this year. He’d be eligible for the Rule 5 draft this winter if not selected onto the 40-man roster but could get a look in Toronto before the end of this season.

That’s three controllable players at or near the MLB level. The Astros were fine giving them up while they’re in a tight battle with the Mariners and Rangers for the AL West crown. Beyond the prospects, they’re adding salary to what is already a franchise-high payroll. The Astros had a competitive balance tax estimate around $256MM before the deal (as calculated by RosterResource). Unless there are cash considerations involved, they’ll take on roughly $3.33MM remaining on Kikuchi’s $10MM salary. That pushes them beyond the $257MM threshold that marks the second tier of luxury penalization. They’re taxed at a 32% rate on spending up to $277MM, so they’ll take on roughly $1MM in taxes on top of the money they owe Kikuchi.

Toronto sheds some money from its tax ledger — more than the Astros are taking on. Kikuchi’s three-year, $36MM free agent deal was frontloaded to pay him $16MM in the first season. Toronto’s competitive balance tax hit was nevertheless the contract’s $12MM average annual value, so Kikuchi had a higher CBT hit than actual salary this year.

When a player on a guaranteed contract is traded, the CBT ledger is recalculated based on the salary remaining at the time of the trade. The Astros assume the prorated amount of a $10MM salary while the Jays drop the prorated portion of the $12MM for which Kikuchi had counted against their books — approximately $4MM. That could aid them in trying to slip below the $237MM base threshold this year. Their exact CBT number is pending the reporting of the amount of cash they included in the Justin Turner trade with Seattle this afternoon.

The Athletic’s Jim Bowden first reported the Astros were nearing a deal for Kikuchi that would send Bloss to Toronto. ESPN’s Jeff Passan confirmed a Kikuchi trade was in place. Ken Rosenthal, Kaitlyn McGrath and Chandler Rome of the Athletic reported that the Jays were acquiring two other prospects. Ben Nicholson-Smith and Shi Davidi of Sportsnet first reported Loperfido and Wagner were in the deal.

Images courtesy of USA Today Sports.

NL West Notes: Walker, Duran, Dodgers, Padres, Kikuchi

By Mark Polishuk | July 29, 2024 at 10:49pm CDT

Christian Walker left tonight’s game with what the Diamondbacks described as left oblique tightness. It isn’t clear when the injury occurred, though Walker struck out swinging during a second-inning at-bat, and Kevin Newman then took over Walker’s spot at first base in the top of the fourth. More will be known about the severity of the injury once Walker undergoes tests, but any sort of oblique issue might hint at a trip to the injured list for the star first baseman.

Losing Walker for any stretch of time would deal a heavy blow to Arizona’s playoff hopes, given his all-around importance to the lineup. Walker is hitting .254/.338/.476 with 23 home runs over 461 plate appearances, and delivering his usual excellent glovework at first base. Beyond what an IL stay might do to the Diamondbacks’ chances in the pennant race, an extended absence also wouldn’t help Walker’s platform for a big free agent contract, as he is scheduled to hit the open market at season’s end. This sudden uncertainty over Walker’s status is an unwelcome wrinkle for the D’Backs in advance of tomorrow’s trade deadline, as the team was planning to focus on pitching rather than any significant position-player adds.

Astros Interested In Flaherty, Kikuchi

By Anthony Franco | July 27, 2024 at 1:46pm CDT

The Astros are one of the teams most aggressively seeking starting pitching. They’ve already been tied to Jameson Taillon, Erick Fedde, and (before he was traded to Baltimore instead) Zach Eflin. Reporting yesterday also linked Houston to the top two rental starting pitchers on the market.

Jon Morosi of MLB.com tweeted last night that the Astros and Tigers have talked about righty Jack Flaherty. The Athletic’s Chandler Rome writes that Houston has interest in both Flaherty and Toronto southpaw Yusei Kikuchi. Flaherty and Kikuchi are each expected to move before next Tuesday’s deadline. The left-hander told reporters after last night’s start — almost certainly his last in a Jays uniform — that Toronto GM Ross Atkins has already informed him that he’s likely to be traded (link via Keegan Matheson of MLB.com). The Tigers haven’t made quite as strong a declaration on Flaherty, but they’re three games under .500 and 6.5 games back of the American League’s last Wild Card spot.

Flaherty is having the better season of the two. The 28-year-old has been one of the best pitchers in baseball this year. He owns a 2.95 earned run average across 18 starts. He’s averaging nearly six innings per appearance and missing bats at an elite rate. Flaherty has punched out a personal-best 32% of opposing hitters. His walk rate is below 5% for the first time in his career. Among pitchers with 100+ innings, only Garrett Crochet has a bigger gap between his strikeout and walk percentages. Flaherty is fifth among that group in strikeout rate, 14th in ERA and seventh in swinging strike percentage (14.1%).

Kikuchi also has plus strikeout and walk numbers, though he’s not missing quite as many bats as Flaherty has. Kikuchi is 24th in swinging strike rate and ranks 18th with a 26.2% strikeout percentage. He has fired 115 2/3 innings across 22 starts. His 4.75 ERA isn’t all that impressive, yet that mark is inflated by a very high .340 average on balls in play and a modest 70.6% strand rate. Kikuchi’s BABIP and left on base numbers were closer to league average last season, when he worked to a 3.86 ERA over 32 starts.

Astros general manager Dana Brown discussed his rotation pursuit with reporters on Friday afternoon (link via Matt Kawahara of the Houston Chronicle). Brown said the team would be happy with a “a third starter or a fourth starter” who could slot behind Framber Valdez, Hunter Brown and perhaps a healthy Justin Verlander in the rotation. (Ronel Blanco has also had an excellent season, but he’s in uncharted territory in terms of MLB workload.) Brown said it’d be “real difficult” to land someone who slots into the top two spots in the rotation, pointing to the lack of supply in high-end arms this summer.

One can debate whether Flaherty qualifies as a #1/#2 arm. He has certainly pitched at that level this year, but he’s one season removed from running a 4.99 ERA with middling strikeout and walk numbers. Kikuchi fits more clearly into the #3/4 starter bucket which Brown described, as home run issues have kept him from ever reaching a consistent top-of-the-rotation level.

While that could point to Kikuchi being the more likely target, the Astros seem engaged on a number of fronts. Houston has one of the weaker farm systems in the majors, but the limited control window on Flaherty and Kikuchi will cap the return to some extent. Brown noted that while he’d ideally land a pitcher who is controllable beyond this season, the Astros aren’t averse to acquiring a rental. He added that there’s no one in the minor league pipeline he’d consider categorically untouchable, though he indicated he preferred to avoid dealing directly off the MLB roster.

Outfielder Jacob Melton is the only Houston player who made Baseball America’s most recent Top 100 prospect update. The Tigers could justifiably ask for him in a Flaherty deal. Detroit has the ability to make Flaherty a qualifying offer if they don’t trade him this summer. Assuming he signs for more than $50MM next winter, the Tigers would get a compensatory pick after the 2025 first round. They’d need to value any trade package more heavily than they do the pick (plus whatever small chance they have of making a playoff push this year). Jake Bloss, who is currently working out of the big league rotation, is the #2 player on BA’s most recent update of the Astros’ system. He’s followed by 2023 first-round pick Brice Matthews and another current big leaguer, outfielder Joey Loperfido.

Flaherty is playing this season on a $14MM salary, while Kikuchi is making $10MM in the final season of a backloaded three-year deal. The former is due around $4.82M for the stretch run; the latter is still owed around $3.44MM. Any salary the Astros take on would count against their luxury tax ledger, which already sits at a franchise-high $256MM (calculated by RosterResource).

The Astros will be taxed at a 32% rate for salary they absorb when their payroll is between $257MM and $277MM. Brown broadly indicated the team was open to adding salary, saying that owner Jim Crane “understands that it’s important for us to get a starter … so I don’t think payroll is going to hold us back.”

Twins Reportedly Working With Payroll Limitations At Trade Deadline

By Darragh McDonald | July 23, 2024 at 5:14pm CDT

The Twins are 55-44 and currently in possession of one of the American League Wild Card spots, as well as sitting just four games back of the Guardians in the Central division. That should put them in clear buyer position ahead of next week’s trade deadline but Jeff Passan of ESPN reports that they might have to walk an “add-and-subtract” tightrope due to financial limitations. Per the report, the Twins would have to move out some money if they were able to acquire any player with a notable salary.

Last year, the Twins broke a notable streak, winning their first playoff game since 2004. Though their season was eventually ended by the Astros in the Division Series, it was a relative high note for the franchise. But any optimism for the 2024 season quickly hit an obstacle.

President of baseball operations Derek Falvey told reporters in early November, just days into the offseason, that the payroll would be going down. That was seemingly in connection to the club’s TV revenue situation. The club reportedly received $54MM from Diamond Sports Group in 2023 but that company has been in the process of going bankrupt for a while, casting plenty of uncertainty about how things will play out going forward. The Twins and Diamond agreed to a new deal in February of 2024 but it was only a one-year pact and reportedly with reduced fees coming to the club

Per Cot’s Baseball Contracts, the Twins reached a new franchise high in 2023 with an Opening Day payroll of $154MM. That dropped to $127MM here in 2024 and it seems there’s not much wiggle room to go much higher than that. It’s not clear if the club is in such a tight spot that they can only consider revenue-neutral trades or if they have the ability to take on a small amount of money, but it seems like the budget will have to be front of mind for the club as they navigate the deadline.

If the scenario does come to pass where they need to move money out to bring some in, they would have some options. Manuel Margot might be somewhat expendable in a fairly crowded position player mix and he’s making $10MM this year, though the Twins are only covering $4MM of that after acquiring him from the Dodgers in February. By deadline time, there will be around $1.3MM of that left to be paid out.

Max Kepler is making $10MM and is an impending free agent but is playing every day and in the middle of the lineup. Ditto for Carlos Santana and his $5.25MM salary. Moving either of those two would be a hit to the club’s lineup, though perhaps they feel they have enough internal position players to make up for the lost production. Infielders Royce Lewis and José Miranda are each on the injured list but nearing returns. That could perhaps push Brooks Lee, who has been covering third base lately, to second base. That could theoretically nudge Edouard Julien from second to first base to supplant Santana. Willi Castro, who has been covering shortstop with Carlos Correa also on the IL, could wind up in the outfield if Lewis or Lee covers short. Trevor Larnach has been the club’s regular designated hitter lately but he could perhaps take more outfield time if that crowded infield spills into the DH slot.

Christian Vázquez is in the second season of a three-year, $30MM deal and is currently one of three catchers on the roster alongside Ryan Jeffers and Jair Camargo. The Twins would likely be open to moving Vázquez and had some trade talks regarding him in the offseason but his performance has been declining and the club would likely have to include some prospects in order to get someone to absorb that money. Kyle Farmer is making $6.05MM this year and has a $250K buyout on a mutual option for 2025 but he’s currently on the injured list. Caleb Thielbar has a $3.225MM salary and is an impending free agent but he has a 5.79 ERA this year. Anthony DeSclafani is making $12MM this year but the Mariners agreed to cover $8MM of that as part of the trade that sent him to Minnesota. He’s done for the year but the Twins could theoretically send a prospect or two to another team in exchange for that club paying the remainder of what they owe DeSclafani.

There are plenty of moving parts there and the Twins will ultimately be making decisions based on what kind of offers are coming their way from other clubs, as well as the health or lack thereof among the players currently on the roster. Ideally, a club in a playoff spot would just be looking to add and not have to play this kind of seven-dimensional chess, but the financial situation in Minnesota might make it necessary.

As to what they will be looking to add, Falvey confirmed that the club is looking for pitching, per Bobby Nightengale of the Star Tribune. That aligns with previous reporting from Dan Hayes of The Athletic that the club would be looking to bolster its starting staff, perhaps by taking on rentals. Hayes floated Yusei Kikuchi of the Blue Jays as a possible target and Nightengale reports today that the Twins have shown “at least preliminary interest” in him.

Kikuchi signed a three-year deal with the Jays going into 2022 and is now a few months from returning to free agency. The $36MM guarantee was frontloaded, so the lefty made $16MM in the first season followed by successive $10MM salaries in the final two years. By the time the deadline rolls around, there will be roughly $3.3MM left to be paid out.

That’s not a massive sum by baseball standards but if it’s too rich for the Twins, they could always ask the Jays to keep most of that money on their books. Such an arrangement would require the Twins to part with more prospect capital but that might be the way they have to operate if they don’t have financial wiggle room. It’s unclear if the Jays are going to be focused on adding talent or dipping below the luxury tax, but they’re ten games back of a playoff spot and looking to trade their rental players.

If the two sides can work out those finer details, Kikuchi makes plenty of sense for the Twins. They’ve lost DeSclafani for the year and Chris Paddack is on the injured list due to a right arm issue for the second time this summer. David Festa and Louie Varland have struggled at the major league level and are currently on optional assignment.

The club still has a decent foursome in Pablo López, Joe Ryan, Bailey Ober and Simeon Woods Richardson, but there’s also sense in adding to that group as they need a fifth starter and an injury can also change the calculus at any moment.

Kikuchi’s results have been up and down but he’s having a strong season in the aggregate. He’s thrown 111 innings for the Jays here in 2024 with a 26.4% strikeout rate and 5.9% walk rate. He has a 4.54 ERA but at least part of that appears to be due to a .334 batting average on balls in play. His 3.58 FIP and 3.41 SIERA suggest he’s actually been far better than his ERA would suggest. Most of those numbers are roughly in line with his 2023 season, wherein he posted a 3.86 ERA with a 25.9% strikeout rate and 6.9% walk rate. His .314 BABIP was closer to league average last year and he had a 4.12 FIP and 3.86 SIERA.

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