MLB’s winter meetings begin Monday in Nashville, Tennessee, and it figures be an action-packed week of rumors, signings and trades.
We’ve got it all covered for you right here, from our experts’ predictions heading into the meetings to the latest updates and analysis as the moves go down.
Will Juan Soto be on the move during the winter meetings?
Because the San Diego Padres face a payroll crunch, they are expected to trade Juan Soto, who is in line to make something in the neighborhood of $33 million for the 2024 season. But Padres GM A.J. Preller doesn’t have to trade him this week — and some rival executives said Saturday that there might be a long wait before a Soto deal is concluded.
Rival executives say that the Padres’ current asking price for Soto is very high, with San Diego looking for major league ready pitching, plus others. With a generational talent like Soto, Preller could just wait to see if some team in the market — maybe a team that loses out in the Shohei Ohtani bidding — steps up. “I think this has all the makings of a late January or early February deal,” said one front office type whose team is not involved.
If so, this would not be the first time a superstar moved very late in the winter. Francisco Lindor, Johan Santana, Roger Clemens and Mookie Betts are among the elite talents who didn’t change teams until well after Christmas. Rival executives say that while there are many teams who would love to take Soto in a pure salary dump, there are likely very few teams willing to embrace the current circumstances: Surrendering young big leaguers or high-end prospects for an expensive rental who is expected to test free agency next fall. The Boston Red Sox dangled Mookie Betts under similar conditions prior to the 2019 season, and there were only two serious suitors; which is why, in the end, the Los Angeles Dodgers were rewarded for their patience and got him for Alex Verdugo and a couple of others, while taking on David Price and the $48 million owed to the left-hander. When Lindor was traded, the Guardians didn’t have a lot of potential bidders. When Santana was dealt, Minnesota was forced to make a trade with the Mets, the one team willing to give him a contract extension.
The New York Yankees have serious interest in Soto, with some young pitching to offer, and some rival executives believe that the Giants are a team to watch because they, too, have depth in starting pitching. The Padres, currently intent on contending in 2024, have to fill three-fifths of their rotation. The Blue Jays, staring at a two-year window before Bo Bichette and Vladimir Guerrero Jr. reach free agency, have the need for a hitter — which is why they’ve been in on Ohtani — but lack pitching depth. If the Dodgers miss on Ohtani, they might have the pitching depth to make a deal for Soto, but there would be a question about whether San Diego would deal a future Hall of Famer to their most significant NL West rival. — Buster Olney
Giolito’s market begins to take shape
Lucas Giolito emerged as a star in his time with the Chicago White Sox, drawing votes for the Cy Young Award in three different seasons — and that goes a long way to explaining the initial interest expressed by the White Sox in possibly bringing him back as a free agent this winter. Ethan Katz, Giolito’s high school pitching coach, continues to work with the White Sox, and Chicago has upgraded its pitching department with the addition of respected analyst Brian Bannister, who formerly worked with the Red Sox and Giants.
But a reunion of Giolito and the White Sox is probably unlikely, given this winter’s circumstances. Although Giolito struggled after being traded to the Angels and then was picked up on waivers by the Guardians, he should get strong offers in this market — some executives compared him to the likes of Jameson Taillon (who got $68 million over four years from the Cubs), and as the White Sox begin to rebuild, the price of a big contract and the timing might not be a fit.
Depending on how the market plays out, there might be a better fit with another of Katz’s former pupils — former Cardinals pitcher Jack Flaherty, the right-hander who might need to take a short-term deal to reestablish his value and then hit the market again next fall. For the White Sox, the investment could be worthwhile because if Flaherty rebounds to what he was early in his career in St. Louis, he could be an interesting trade chip during the 2024 season or a candidate for an extension. — Buster Olney
Will Ohtani sign in Nashville — and where will he land?
Gonzalez: Ohtani signing during the winter meetings would definitely be MLB’s preference, and at this point, that would be my guess too. Many have long speculated that Ohtani’s free agency would play out relatively quickly, and I don’t expect him to wait until Yoshinobu Yamamoto comes off the board to pick his new team. By next week, he might have a pretty good grasp of what he wants, as (at times) the winter meetings have a tendency of spurring action. At this point, I’d pick the Toronto Blue Jays to sign him, but it’s tough to rule out the Dodgers or the Los Angeles Angels.
Olney: Some executives tracking the Ohtani negotiations believe he could pick his team sometime over the weekend, or very early in the winter meetings. During the season, a friend of Ohtani said he believed the two-way star knew long ago where he wanted to land, but because this negotiation is expected to generate the biggest contract in baseball history, his representation needs a little dog-and-pony show to goose the bidding just a little more. Executives will tell you frankly they know almost nothing about what he really wants, outside of this: Based on his initial choice of the Angels, he seems to want to play in warmer weather, which is why I still believe he’ll land with the Dodgers.
Rogers: By Thursday, Ohtani will have chosen the Dodgers. They check too many boxes — unless there’s simply an underlying reason that no one knows about that would prevent him from signing there. If the agent (and team) has any say in any of this, it should be in the timing of an announcement. And what better place to make it than where the baseball world has gathered? There are plenty of breadcrumbs telling us Ohtani doesn’t exactly love the spotlight, but for this signing, he’ll have to bask in it.
Doolittle: This is just a guess, but Ohtani will sign with the Dodgers on Tuesday following a spate of rumors that have him signing with various teams, though at first it’s unclear whether it’s in the States or back in Japan. Then it turns out that he never spoke to any of those teams and he has been dreaming of Dodger Blue all along. A dream and $600 million is all it took.
Schoenfield: Well, no doubt a lot of agents, players and front offices would love for Ohtani to sign in Nashville. Once he’s off the board, the teams that went after him and failed will then turn their attention to their next options, which could lead to some escalating offers for the likes of Blake Snell, Jordan Montgomery and Cody Bellinger. So for the sake of moving this winter along, let’s hope it happens and there’s a big news conference — even if we know Ohtani isn’t one for the spotlight. And who will host that news conference? I’ll stick with the Dodgers.
Ohtani aside, who will be the biggest name to sign (or get traded) in Nashville?
Gonzalez: Juan Soto. The expectation from rival executives heading into the offseason was that the San Diego Padres would eventually trade him, and some have gotten the sense lately that it could happen relatively soon. If it doesn’t happen over the weekend, it could next week. At the very least, Soto trade talk will continue to dominate the conversation.
Olney: Soto. He’s a future Hall of Famer and expensive, and despite what the Padres and agent Scott Boras have presented publicly, there is an industry-wide expectation that financial pressures will compel San Diego to deal him. Interestingly, rival executives report that the Padres are looking for inexpensive major league or major league-ready players in return, to bolster San Diego’s effort to contend in 2024. With the passing of owner Peter Seidler, who was a great advocate for A.J. Preller, the Padres’ GM may be in a prove-it type season next year with his new bosses and the need to win.
Rogers: Knowing that Preller works a bit mysteriously, I’ll take the field over Soto. OK, that’s a bit broad. I’ll go with Dylan Cease and/or Tyler Glasnow. Both are as good as gone. Once the Atlanta Braves add that one more prospect to upgrade their existing offer, Cease — a Georgia native — will go home to pitch.
Doolittle: Most everybody else seems to be going with Soto, and that makes a lot of sense to me. But just to be contrarian, I’ll say Josh Hader and that he’ll sign with the Texas Rangers. Then we can start planning for that Hader/Travis Jankowski mullet contest, assuming the Rangers don’t let the outfielder get away. It’ll be the biggest draw of the year at Globe Life Field.
Schoenfield: I’ll go with Soto as well. The Padres have so many moving parts this offseason — they have to replace Snell, Hader, Nick Martinez (who signed with the Cincinnati Reds this week) and Seth Lugo, four pitchers who combined for 67 starts, 30 wins and 34 saves — that making a decision on Soto is necessary just to help them figure out the rest of their moves.
What is the one rumor that will dominate the week?
Gonzalez: It’s all going to be about high-impact starting pitching, from Yamamoto to reigning AL Cy Young winner Snell to some of the big arms being dangled on the trade front (Cease, Glasnow, Corbin Burnes). Some of the richest teams still need starting pitching, and there is still plenty to choose from.
Olney: It might sound weird, but the Yamamoto negotiations have been underplayed to date. He is in as good a negotiating position as any free agent pitcher since Gerrit Cole, with the richest of the big-market teams all pursuing him aggressively. The Yankees, Dodgers and New York Mets, plus other clubs, are among them, and there seems to be a willingness among these teams to assume extra risk because of his talent and age. One team official involved in the Yamamoto discussions believes the pitcher’s negotiations won’t be resolved until after the winter meetings, but let’s face it — the direction of some of the biggest spenders won’t be fully determined until he picks a team, which is why the specter of Yamamoto will hover over Nashville even if he doesn’t sign.
Rogers: Ohtani, Ohtani, Ohtani. Until he signs, he’s the topic. Fan bases are waiting, marketing and sales departments are waiting, baseball ops departments are waiting. How can he not be the topic, both where will he go and for how much? Unless he signs on Day 1 of the winter meetings, it’s going to build all week. After that, the amount of trade rumors will be larger than normal, considering how many good players are likely to move. Free agency (outside of Ohtani) will have its moment, but not necessarily at the meetings. Trade talk will percolate while we wait on Shohei.
Doolittle: I can imagine all manner of Soto rumors. The thing is, as good as he is, it’s hard to truly construct a fair value trade that works for the Padres, assuming their aim is to convert him into multiple players who can deepen their MLB roster. We’re still talking about getting him for one season, and the teams that might want him to put themselves over the top will prefer to deal prospects instead of major leaguers. If the Padres don’t want prospects, then where do they turn? This scenario changes if San Diego is mainly motivated by a desire to clear payroll. This doesn’t seem like Preller’s way, especially since he kind of needs to win, and soon. Everyone wants to drop Soto onto the Yankees, but it seems way more complicated than that to me. Yes, moving Soto for prospects clears space for free agent adds, but that can get dicey if you’re talking about matching value for value for a team that wants to contend, especially given a light free agent class. I do think Soto will be traded, but it’s a really complicated proposition.
Schoenfield: All the front-line starting pitching available in trades. Then there are the potential ripple effects. If Burnes is traded, do the Milwaukee Brewers then make closer Devin Williams available? If the White Sox trade Cease, does that lead to a complete teardown … maybe even including Luis Robert, who, given his years of team control (four) and reasonable salary, has more trade value than Soto?
Knight’s Choice has won the 2024 Melbourne Cup, defeating Warp Speed and Okita Soushi in a thrilling finish at Flemington on Tuesday afternoon.
The massive outsider saluted for Irish-born jockey Robbie Dolan, who claimed victory in what was his first ever ride in the “race that stops a nation”.
In what was a gripping 164th staging of Australia’s most-watched thoroughbred race, Knight’s Choice proved too strong in a sprint to the finish, pulling over the top of Okita Soushi and holding off Warp Speed by the barest of margins.
Trained by John Symons and Sheila Laxon on the Sunshine Coast, Knight’s Choice was well down the betting across all markets. It was Laxon’s second Melbourne Cup triumph after she trained Ethereal to victory 23 years ago.
“This is the pinnacle of all pinnacles, this is the Melbourne Cup,” Symons said.
Zardozi rounded out the first four.
As the field approached the final few hundred metres it appeared as though Jamie Kah, aboard Okita Soushi, would become just the second woman to ride the winner in the Melbourne Cup. But Okita Soushi was swallowed up as the winning post neared, with Knight’s Choice beating Warp Speed to the line after a peach of a ride from Dolan.
“We’ll be singing tonight after a few beers,” Dolan, who was a contestant on the 2022 edition of “The Voice”, told Channel 9.
“It is amazing and a lot of people doubted this little horse. Doubt me now.”
Laxon was more than happy with the ride, with Dolan threading his way through the field from near last on the bend.
“He started the race, and he knew how to ride him. We didn’t give him instructions, he knew what to do,” she said.
“I love it being down for the Australians. The Australian horse has done it, and Robbie is Australian now as well, so I’m thrilled to win the Cup, and it is the people’s Cup, and that’s what it is all about.”
Knight’s Choice is just the sixth Australian-bred horse to win since 1993, and the first since Vow and Declare back in 2019.
The five-year-old gelding carried only 51kg to victory and was making its first start over the 3200m trip. It had most recently come off a fifth-placed finish in the Bendigo Cup, but had showed sparing little form this preparation otherwise.
“I watched every Melbourne Cup for the last 40 years. I thought my best chance was to get him to stay the trip and, hopefully, he can run home and do the quick sectionals he can on a good track and he proved everybody wrong,” Dolan said.
ESPN baseball reporter. Covered the Washington Wizards from 2014 to 2016 and the Washington Nationals from 2016 to 2018 for The Washington Post before covering the Los Angeles Dodgers and MLB for the Los Angeles Times from 2018 to 2024.
Jesse joined ESPN Chicago in September 2009 and covers MLB for ESPN.com.
Nov 4, 2024, 04:55 PM ET
Right-hander Gerrit Cole decided Monday to remain with the New York Yankees on the four-year, $144 million contract he opted out of Saturday, the team confirmed late in the day.
Originally, the only way Cole would remain a Yankee without reaching free agency was if the club voided his opt-out with a one-year, $36 million extension to his contract, making it a five-year, $180 million deal. The Yankees declined to do so, however, but they came to an agreement for Cole to remain in New York anyway, as if he had not triggered the opt-out in the first place.
“It was something at the moment we weren’t necessarily comfortable doing, but we wanted our player and our ace back, and he certainly didn’t want to go either at the same time,” Yankees GM Brian Cashman said at the general managers meetings in Texas on Monday. “And so we had a lot of healthy dialogue about trying to just thread the needle and just keep it in play.”
The two sides originally had until Sunday to decide Cole’s fate, but they extended the deadline to Monday at 5 p.m. ET because the conversations were ongoing. Though the Yankees would love to have Cole finish his career in New York, Cashman indicated there are no current discussions on a potential contract extension, citing the timing of the end of the World Series as having played a part in the saga.
“Was a 48-hour window, very small,” Cashman said. “It feels like he legitimately just got off the mound and we were in our discussions. We were wrestling with it [the decision] and sharing that [with Cole]. And at the same time, there is an opportunity that arose that Gerrit didn’t want to go anywhere either.”
Cashman was asked if the team had won a game of chicken with Cole and his representatives.
“No, I don’t look at it as anything other than more conversations we’re having after the opt-out than probably should have happened before the opt-out,” he answered. “And so I think it’s easier to try to understand and find common ground with each other when you’re having the conversations versus a contractual right you exercise and now the other side has to do things instead.”
In other words, the Yankees didn’t feel comfortable with making a fast decision right after the World Series and were ready to let Cole walk but instead offered to kick the discussions down the road.
Cashman had a layover in Charlotte on the way to San Antonio on Monday afternoon, realizing then that the sides were in a good place.
“It felt like we were going to be in a safe harbor where we were both willing to move forward with the four years that was in play and continue obviously to have conversations,” Cashman said. “But there’s no pressure point with any conversations. We’re always open to talk about future years, but right now we don’t have to because it’s a four-year locked-in commitment, and it’s on to our next focus.”
A six-time All-Star, the 34-year-old Cole fulfilled his boyhood dream of joining the Yankees before the COVID-shortened 2020 season on what was, at the time, the largest contract ever given to a pitcher: nine years, $324 million. He became the workhorse ace New York envisioned, posting a 3.08 ERA in 108 starts over the next four seasons, and peaked in 2023, when he went 15-4 with a 2.63 ERA across 209 innings in 33 starts to win his first Cy Young Award. A repeat performance, however, was doomed from the start.
Cole was shut down in mid-March with nerve irritation and edema in his throwing elbow. He avoided surgery but began the season on the injured list. He made three rehab starts before making his season debut June 19 against the Baltimore Orioles. Initially not built up to his usual pitch count, Cole didn’t record an out in the sixth inning in his first four outings.
But the Yankees’ measured plan for Cole paid dividends. The right-hander ultimately logged at least six innings in eight of his 17 starts, posting a 3.41 ERA across 95 innings. He had his occasional blow-up — he surrendered 11 runs in two starts against the Boston Red Sox and 12 runs to the New York Mets in two outings — but was otherwise stingy, allowing two or fewer runs in 10 of his starts. He delivered his best performance in Oakland, holding the A’s to one run over nine innings Sept. 20.
Cole added another five starts in the postseason, pitching to a 2.17 ERA over 29 innings. He limited the Kansas City Royals to one run in seven innings in the Yankees’ American League Division Series-clinching Game 4 win. The Dodgers mustered just one run in six innings against him in Game 1 of the World Series, although the Yankees lost in extra innings.
His final start of the season in Game 5, however, will haunt the Yankees: After four hitless innings, three Yankees defensive miscues in the fifth — including Cole not covering first base on a routine ground ball to first baseman Anthony Rizzo with two outs — allowed the Dodgers to tie the score with five unearned runs in their eventual 7-6 win.
The Pittsburgh Pirates drafted Cole with the No. 1 pick in the 2011 draft out of UCLA. He made his major league debut in 2013 and made one All-Star team for Pittsburgh. It wasn’t until he was traded to the Houston Astros after the 2017 season that he became a consistent ace, recording two 200-plus-inning seasons with a 2.68 ERA before hitting free agency and signing with the Yankees in December 2019.
“I think he’s happy where he’s at,” Cashman said. “I think he likes our setup. I think he likes playing for who he’s playing for and working for. And I think he likes his teammates, and I think he thinks we have a legitimate chance to win. And sometimes the grass isn’t always greener, and so that goes for us, too. I know we’d prefer not to be trying to look to how we’re going to replace our ace.”
MILWAUKEE — The Brewers‘ starting rotation could have a new look next season with right-handers Frankie Montas and Colin Rea heading into free agency.
The Brewers announced Monday that Montas had declined his part of a $20 million mutual option for 2025. The Brewers turned down the $5.5 million club option on Rea’s contract.
Montas receives a $2 million buyout and Rea gets a $1 million buyout.
Montas, 31, had a combined 7-11 record with a 4.84 ERA and 148 strikeouts over 150⅔ innings in 30 starts for the Cincinnati Reds and Brewers this season. He was 3-3 with a 4.55 ERA in 11 starts for the Brewers, who acquired him just before the trade deadline.
Rea, 34, was 12-6 with a 4.28 ERA this season in 32 appearances, including 27 starts. He struck out 135 in 167⅔ innings. Rea had an 8.31 ERA in September and was left off the Brewers’ NL Wild Card Series roster.
Herget, 33, had no record with one save and a 1.59 ERA in seven appearances with Milwaukee this year. He was 5-1 with four saves and a 2.27 ERA in 38 relief outings with Triple-A Nashville.
Zastryzny, 32, was 1-0 with a 1.17 ERA in nine appearances with Milwaukee. He pitched in 30 games with Nashville and went 4-0 with a 3.03 ERA.
The 29-year-old Bauers batted .199 with a .301 on-base percentage, 12 homers and 43 RBIs in 116 games this season. He also hit a seventh-inning homer that broke a scoreless tie in the decisive Game 3 of the Wild Card Series with the Mets, who rallied in the ninth to win 4-2.
Wilson, who turns 27 on Dec. 20, went 5-4 with a 4.04 ERA in 34 appearances, including nine starts.