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Players soon will be reporting to camps, and yet, some of the top free agents still haven’t signed. So while we wait, let’s take a look ahead toward the start of the 2024 season.

Where does every team stand heading into spring training? Did the Dodgers’ offseason acquisitions push them to the No. 1 spot? Where are the reigning World Series champions in our rankings? And where do Aaron Judge and Juan Soto’s Yankees sit?

Our expert panel has combined to rank every team in baseball based on a combination of what we’ve seen so far this offseason and what we already knew from 2023. We also asked ESPN MLB experts David Schoenfield, Buster Olney, Jesse Rogers and Alden Gonzalez to weigh in with an observation for all 30 teams.

Way-too-early MLB Power Rankings

Final 2023 regular-season ranking: 3

The Dodgers’ offseason has been an absolute dream. They splurged for a billion dollars on a transformative two-way player in Shohei Ohtani and a 25-year-old starting pitcher, Yoshinobu Yamamoto, who is coming off three consecutive MVPs in Japan. In case that wasn’t enough, they acquired one of the most prized pitchers on the trade market, Tyler Glasnow, and arguably the best corner outfielder in free agency, Teoscar Hernandez. They’re an absolute force, even more so on the heels of another 100-win season.

But it’s still fair to wonder about their rotation. Ohtani won’t pitch until 2025, Yamamoto hasn’t faced major league hitters, Glasnow is not far removed from Tommy John surgery, and Walker Buehler is coming off a second such procedure. Their other starting pitching acquisition, James Paxton, comes with his own injury concerns. — Gonzalez


Final 2023 regular-season ranking: 1

With last season’s record-setting lineup returning, the Braves could have had a quiet offseason, but instead they made two of the more interesting transactions of the winter, trading for left fielder Jarred Kelenic and pitcher Chris Sale. Kelenic was once a top-10 overall prospect but never lived up to the hype in Seattle; he’s still just 24, however, and did improve last season (.253/.327/.419). Sale made 20 starts for Boston last season, his most since 2019, and fanned 125 in 102⅔ innings. He still has top-of-the-rotation stuff if he can remain healthy. — Schoenfield


Final 2023 regular-season ranking: 9

Houston advanced to the American League Championship Series for the seventh consecutive season in 2023, and there are a lot of reasons to believe the Astros could do that again — maybe more so than in past seasons — behind Yordan Alvarez, Alex Bregman and the newly signed Josh Hader. But how dangerous Houston is may largely depend on whether Framber Valdez rediscovers his sinker, which largely abandoned him late in the year. Over his last 10 regular-season starts, he averaged 4⅔ innings and had a 4.29 ERA, and his ERA was 9.00 in the postseason. Houston’s season might come down to this: Can Framber find it? — Olney


Final 2023 regular-season ranking: 5

Is a reunion with Jordan Montgomery inevitable? Don’t bet against it, as agent Scott Boras is in a good position with Rangers brass. Boras directed Corey Seager and Marcus Semien to Texas and undoubtedly helped in moving Montgomery and Max Scherzer there as well via trade last summer. As the Rangers’ RSN situation clears up, they should be able to pounce and set themselves up for a repeat run. And don’t forget, Jacob deGrom is waiting in the wings as he recovers from Tommy John surgery. Texas is in a good position to contend, no matter what happens the rest of the spring. — Rogers


Final 2023 regular-season ranking: 2

In Corbin Burnes, Baltimore now has the veteran ace it needed, and you’d assume that with the promise of financial backing from potential new ownership, the Orioles will add bullpen depth. The O’s won 101 games last season, yet already, this is a much more complete team than in 2024 — and now there’s no question about whether the front office and the owners will spend to plug holes at the trade deadline. Now O’s fans can wonder — and dream — about how quickly Jackson Holliday will make an impact in the big leagues. He is the easy front-runner to win AL Rookie of the Year. — Olney


Final 2023 regular-season ranking: 6

Other than re-signing Aaron Nola and making a run at Yamamoto, it’s been a quiet offseason. They showed interest in relievers Jordan Hicks and Robert Stephenson but failed to sign either one. For now, that leaves Cristopher Sanchez as the No. 5 starter, rookie Orion Kerkering with a prominent role in the bullpen and Johan Rojas and Cristian Pache in center field (with Brandon Marsh in left). In other words, the Phillies didn’t make up any ground on the Braves. — Schoenfield


Final 2023 regular-season ranking: 16

If this master plan had played out the way owner Hal Steinbrenner wanted, Yoshinobu Yamamoto would have taken the Yankees’ money and slotted in behind Gerrit Cole in the rotation. But that didn’t happen, and now the Yankees will go into the season with uncertainty about their rotation depth. Will Nestor Cortes stay healthy? Will the Yankees get what they paid for in the second year of Carlos Rodon‘s contract, at a time when he’s on double-secret probation with Yankees fans? Will Clarke Schmidt evolve? Will they make a late-winter addition? — Olney


Final 2023 regular-season ranking: 4

Maybe the biggest question for the Rays going into the offseason was whether Wander Franco — who was supposed to be the face of the franchise — would be available to the team in 2024. His future status seems more uncertain than ever, because no matter when his legal situation is resolved, he still faces discipline from MLB, as well as persistent visa questions. Without Franco, can the Rays come close to matching their offensive production of 2023, when they led AL East teams in runs? — Olney


Final 2023 regular-season ranking: 12

The D-backs have responded to their surprising World Series run by doubling down, adding Eduardo Rodriguez to the middle of their rotation and injecting Eugenio Suarez and Joc Pederson into the middle of their lineup. Lourdes Gurriel Jr. was brought back, too, solidifying left field. Arizona has done a nice job adding the pieces that would make its roster more complete. The concerns it had heading into October about the depth in the rotation and the back end of the bullpen are not nearly as prevalent. The D-backs’ biggest question heading into 2024 is more overarching: Are they good enough to once again take down the mighty Dodgers? — Gonzalez


Final 2023 regular-season ranking: 8

It really seems impossible that Toronto didn’t make the playoffs last season despite having the best rotation in the majors, but that fact really underscores how poorly the offense performed in 2023. The Jays were 16th in home runs and 14th in runs scored in the majors, surprising numbers for a team that has Bo Bichette and Vladimir Guerrero Jr., so the mystery surrounding Toronto in 2024 is: How can a lineup that is largely the same be better? The one major change so far is the addition of Justin Turner, who effectively replaces free agent Brandon Belt. — Olney


Final 2023 regular-season ranking: 11

Deep breath. With a perhaps lower-than-anticipated payroll budget, president of baseball operations Jerry Dipoto has been up to his usual creative approach to team building. To recap: Mitch Garver, Jorge Polanco, Luis Urias, Mitch Haniger, Luke Raley, Samad Taylor, Seby Zavala, Carlos Vargas and Austin Voth are in. Gone are Teoscar Hernandez, Eugenio Suarez, Robbie Ray, Jarred Kelenic, Justin Topa, Anthony DeSclafani (who was only barely here), Jose Caballero, Mike Ford, Tom Murphy, Marco Gonzales and Isaiah Campbell. Is the new group better? Hard to tell. The rotation remains intact, although bullpen depth looks like an issue, and Haniger and Urias will have to bounce back from miserable seasons. — Schoenfield


Final 2023 regular-season ranking: 13

Unlike the Rangers’ relationship with Boras, the Cubs haven’t lined up with his clients over the recent past. It’s a built-in roadblock to a reunion with Cody Bellinger or a match with third baseman Matt Chapman. And it’s a risky game of chicken for both sides. Bellinger might not have another big market available to him, while the Cubs won’t have much of an offense without him. The team isn’t likely to blink, believing their second-ranked farm system, according to ESPN’s Kiley McDaniel, is about to explode. Will Boras blink? Perhaps he’ll be forced to accept a smaller deal — but no one knows how this will shake out. — Rogers


Final 2023 regular-season ranking: 7

Is Milwaukee in transition or can it continue to contend with new manager Pat Murphy? Signing Rhys Hoskins addressed several needs, as the Brewers have had a rotation of first baseman over the past several seasons. Not anymore, though — Hoskins should provide power and leadership on a team that lost its stalwarts on the mound, first Brandon Woodruff to free agency and now Corbin Burnes in a trade with Baltimore. So one step forward on offense but one step back on the mound, where Milwaukee will struggle to replace quality innings lost. It’s the big question heading into spring: Who will step forward at the top of the rotation after Freddy Peralta? — Rogers


Final 2023 regular-season ranking: 15

Cincinnati worked more quickly than a lot of teams in shoring up its pitching staff this offseason, signing four free agent pitchers and corner infielder Jeimer Candelario. If anything, the Reds might have to alleviate a logjam in the infield, but that’s a good problem to have. Their spring is about keeping their team healthy — especially a staff that lost youngsters Nick Lodolo and Graham Ashcraft last season. There should be no excuses this year as the Reds have talent throughout the roster. They could be a sneaky pick in a wide-open division. — Rogers


Final 2023 regular-season ranking: 10

No team seems more affected by the murky RSN situation than the Twins, who spent the winter more focused on managing payroll than on upgrading the roster. They lost ace Sonny Gray to free agency, traded Jorge Polanco and largely bypassed winter markets. All of that means that more than ever the Twins will need their core stars to stay on the field — and Byron Buxton (who says he intends to return to center field), Carlos Correa and Royce Lewis all have extensive injury histories. — Olney


Final 2023 regular-season ranking: 17

The Padres, still shaken by the death of revolutionary owner Peter Seidler, decided to cut costs this offseason and will field a far less talented team in 2024. Juan Soto and Hader are gone. Eventually Blake Snell will be, too. They’ve replaced them with a slew of controllable starting pitchers — largely through Soto’s trade to the Yankees — and a completely replenished bullpen. But they still desperately need help in the outfield and could use another bat at first base and/or designated hitter. Another top-of-the-rotation starter would certainly help, too, but it would have to come via trade. — Gonzalez


Final 2023 regular-season ranking: 19

Theo Epstein is going to go down in history as the greatest general manager ever because he conquered the Mount Everest and the K2 of World Series droughts, with the Red Sox in 2004 and then the Cubs in 2016. But it seems strange that adding him to the front office will be the biggest move of the offseason for a Red Sox team that needs help all over the place. Boston needs more offensive production, more pitching — but the front-burner question is whether manager Alex Cora signs an extension. — Olney


Final 2023 regular-season ranking: 22

Are the Mets good? Are they bad? Somewhere in the middle? Probably somewhere in the middle. Their big goal was to sign Yamamoto, and once that didn’t happen, they focused on second-tier (Sean Manaea, Luis Severino, Harrison Bader) and third-tier free agents (Jorge Lopez, Joey Wendle). They acquired Adrian Houser and Tyrone Taylor from the Brewers. They’ll need bounce-back seasons from Starling Marte and Jeff McNeil and improved results from youngsters Francisco Alvarez and Brett Baty. — Schoenfield


Final 2023 regular-season ranking: 25

The Cardinals filled all their holes this offseason but did quantity replace quality? Age was the theme of their pitching acquisitions, but that’s at least offset by 21-year-old shortstop Masyn Winn, who is on the verge of taking over up the middle. And don’t forget outfielder Jordan Walker, who has a year under his belt and quietly performed well for a bad team last year. But the biggest questions surround starters Kyle Gibson and Lance Lynn. Can they perform at the back of the rotation while Sonny Gray and Miles Mikolas hold down the front? That answer will go a long way to determining the outcome of the Cardinals season. — Rogers


Final 2023 regular-season ranking: 21

If you’re looking for a sleeper pick, you could do worse than Detroit climbing in the AL Central after an improved second-half showing. The talent that the Tigers have collected in recent years is beginning to manifest. But look, Detroit is not going to climb unless there is more consistent offense; the Tigers finished 28th in runs scored in 2023. Will young players such as Riley Greene and older players such as Javy Baez generate more runs? — Olney


Final 2023 regular-season ranking: 20

Everyone loves the young rotation here, as Tanner Bibee, Gavin Williams and Logan Allen all had promising rookie seasons, but Cleveland has failed to address what was the worst power-hitting outfield in the majors in decades (a combined 18 home runs). They did acquire Estevan Florial from the Yankees and he hit 28 home runs in Triple-A but with a ton of swing-and-miss (144 strikeouts in 101 games). Prospect George Valera hasn’t developed the power once expected and hit .211 in Triple-A. Where will the offense come from? — Schoenfield


Final 2023 regular-season ranking: 18

The Giants ranked dead last in innings from their starting pitchers last season. They’ve responded by … signing a longtime reliever whom they’ll convert to a starting pitcher and trading for a former ace who won’t return until midseason at the earliest. Maybe Jordan Hicks is excellent out of the rotation and Robbie Ray, coming off Tommy John surgery, miraculously finds his Cy Young form over the last two months of the regular season. But there are nonetheless major questions within this rotation, not the least of which is Alex Cobb‘s return from hip surgery. The lineup also has plenty of holes, even after the Jung Hoo Lee signing. — Gonzalez


Final 2023 regular-season ranking: 14

The Marlins made the playoffs in 2023 — and have essentially sat out the offseason, which isn’t quite the same as the fire sale that followed the 1997 World Series title but isn’t exactly encouraging for Marlins fans, either. New president of baseball operations Peter Bendix has done more evaluation than maneuvering, which isn’t necessarily the wrong decision here for a team that was outscored by 57 runs, has a weak farm system and will be without Sandy Alcantara while he recovers from Tommy John surgery. — Schoenfield


Final 2023 regular-season ranking: 23

Other than signing Aroldis Chapman, the Pirates haven’t made many changes to their roster this winter. They might simply be hoping that this is the year their young but talented group comes through for longer than a month or two. Pittsburgh garnered headlines last spring but faded as the calendar turned to summer and the pitching staff crumbled. But former first overall pick Henry Davis got his feet wet, the young staff got needed experience and shortstop Oneil Cruz is healthy again. It’s still probably not enough to compete for six months, but the Pirates will be a thorn for some teams with manager Derek Shelton keeping his players motivated through good and bad times. — Rogers


Final 2023 regular-season ranking: 24

The Angels were dealt the most devastating blow imaginable when they lost Shohei Ohtani to the crosstown rival Dodgers this offseason. They have yet to replace him as a starting pitcher and haven’t really replaced him as a hitter, either. Angels GM Perry Minasian has done a nice job deepening his bullpen but hasn’t done much else outside of adding veteran outfielder Aaron Hicks. The Angels, with a farm system that ESPN’s Kiley McDaniel recently ranked dead last heading into 2024, need plenty more help offensively and could use a top-of-the-rotation starter to boost a young staff. But unless they splurge on Cody Bellinger or Snell, it’s hard to see how they access that without significantly compromising their active roster. — Gonzalez


Final 2023 regular-season ranking: 29

Hey, at least the Royals are trying to get better, although there are mixed opinions on the overall quality of the additions: Seth Lugo, Michael Wacha, Will Smith, Chris Stratton, Garrett Hampson, Adam Frazier, Hunter Renfroe. Lugo and Wacha are the biggest keys, two guys who were pretty good last season and will help what was a terrible rotation. If Brady Singer bounces back and Cole Ragans is indeed the real deal that he was in the final two months of 2023, it will be the best rotation for the Royals since their World Series years. — Schoenfield


Final 2023 regular-season ranking: 26

The Nationals acquired Nick Senzel from the Reds and signed Joey Gallo, two moves that would have been much more exciting a few years ago. Senzel was the second overall pick in 2016 but battled injuries and put up a 77 OPS+ over five seasons with the Reds. He’ll get a chance to be the regular third baseman. Gallo has two 40-homer seasons and hit 38 as recently as 2021, but his batting averages haven’t been great the past three seasons: .199, .160 and .177. Since going to the Yankees at the trade deadline in 2021, he has produced just 1.2 WAR. — Schoenfield


Final 2023 regular-season ranking: 27

The White Sox are treating the offseason like they’re coming off a 100-win year instead of the 102 they actually lost. It has translated to some interesting pickups but mostly on the margins. Erick Fedde is an example. He’s part of a rebuilt starting staff that still features Dylan Cease — but for how long? Cease is likely to begin, but not finish, the season with the team, as trade talks will heat up again come summertime. The biggest question marks this offseason are in right field and second base, positions Chicago hasn’t nailed down for several years. Newcomer Nicky Lopez will get time at second while Gavin Sheets might be the Opening Day right fielder. Rinse and repeat. The White Sox are stuck in neutral — at best. — Rogers


Final 2023 regular-season ranking: 28

The Rockies’ pitching staff, which will be without both German Marquez and Antonio Senzatela for at least the first half, posted a major-league-worst 5.67 ERA last season. The front office responded with the additions of Cal Quantrill, Dakota Hudson and Anthony Molina, the latter a Rule 5 pick. That probably won’t cut it. The offense — despite playing half its games at Coors Field, of all places — was only 20th in OPS. Rather than make additions there, the Rockies will seemingly just hope for more health from Kris Bryant, more development from Ezequiel Tovar and more awesomeness from Nolan Jones. So, yeah, there are still plenty of questions about the Rockies heading into 2024. It’s much harder to find answers, frankly. — Gonzalez


Final 2023 regular-season ranking: 30

The big question for the A’s heading into 2024 is a simple one: When are they actually going to try again? They stripped their roster down to the studs while seeking a permanent home last season, and though they have since settled on Las Vegas, they still seemingly have no idea where they will play from 2025 to 2027. The A’s have lost a combined 214 games over the past two seasons, and there’s no indication they won’t lose at least another 100 more in 2024. All of their offseason additions have come on the margins. — Gonzalez

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Ichiro wants to have drink with lone HOF holdout

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Ichiro wants to have drink with lone HOF holdout

COOPERSTOWN, N.Y. — Ichiro Suzuki wants to raise a glass with the voter who chose not to check off his name on the Hall of Fame ballot.

“There’s one writer that I wasn’t able to get a vote from,” he said through an interpreter Thursday, two days after receiving 393 of 394 votes from the Baseball Writers’ Association of America. “I would like to invite him over to my house, and we’ll have a drink together, and we’ll have a good chat.”

Suzuki had been to the Hall seven times before attending a news conference Thursday with fellow electees CC Sabathia and Billy Wagner. The trio will be inducted July 27 along with Dave Parker and Dick Allen, voted in last month by the classic era committee.

Suzuki struggled to process being the first player from Japan elected to the Hall.

“Maybe five, 10 years from now I could look back and maybe we’ll be able to say this is what it meant,” he said.

BBWAA secretary-treasurer Jack O’Connell recalled Suzuki was at the Hall in 2001 when he called to inform the Seattle star he had been voted American League Rookie of the Year. Suzuki received 27 of 28 first-place votes, all but one from an Ohio writer who selected Sabathia.

“He stole my Rookie of the Year,” Sabathia said playfully.

Sabathia remembered a game at Safeco Field on July 30, 2005. He had worked with Cleveland pitching coach Carl Willis in a bullpen session on a pitch he could throw to retire Suzuki, which turned out to be a slider.

“I get two strikes on Ichi and he hits it off the window,” Sabathia said of the 428-foot drive off the second-deck restaurant in right field, at the time the longest home run of Suzuki’s big league career. “Come back around his next at-bat, throw it to him again, first pitch he hits it out again.”

Suzuki’s second home run broke a sixth-inning tie in the Mariners’ 3-2 win.

As the trio discussed their favorite memorabilia, Suzuki mentioned a mock-up Hall of Fame plaque the Hall had created — not a design for the real one — that included his dog, Ikkyu.

“Our dog and then Bob Feller’s cat are the only animals to have the Hall of Fame plaque. That is something that I cherish,” Suzuki said, referring to a mock-up with the pitcher’s cat, Felix.

Sabathia helped the New York Yankees win the World Series in 2009 after agreeing to a $161 million, seven-year contract as a free agent. Sabathia started his big league career in Cleveland, finished the 2008 season in Milwaukee and was apprehensive about signing with the Yankees before he was persuaded by general manager Brian Cashman.

“Going into the offseason, I just heard all of the stuff that was going on, the turmoil in the Yankees clubhouse,” Sabathia said. “Pretty quick, like two or three days into spring training, me and Andy [Pettitte] are running in the outfield, I get a chance to meet [Derek] Jeter, we’re hanging out, and the pitching staff, we’re going to dinners, we’re going to basketball games together. So it didn’t take long at all before I felt like this was the right decision.”

Sabathia was on 342 ballots and Wagner on 325 (82.5%), which was 29 votes more than the 296 needed for the required 75%. While Suzuki and Sabathia were elected in their first ballot appearance, Wagner was voted in on his 10th and final try with the writers.

Even two days after learning of his election, Wagner had tears streaming down his cheeks when he thought back to the call. His face turned red.

“It’s humbling,” he said, his voice quavering before he paused. “I don’t know if it’s deserving, but to sit out 10 years and have your career scrutinized and stuff, it’s tough.”

Wagner, who is 5-foot-10, became the first left-hander elected to the Hall who was primarily a reliever. He thought of the words of 5-foot-11 right-hander Pedro Martínez, voted to Cooperstown in 2015.

“I hope kids around see that there is a chance that you can get here and it is possible, that size and where you’re from doesn’t matter,” Wagner said. “I think Pedro said it first, but if I can get here, anyone can get here.”

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Braves sign outfielder Profar to 3-year, $42M deal

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Braves sign outfielder Profar to 3-year, M deal

Outfielder Jurickson Profar and the Atlanta Braves agreed on a three-year, $42 million contract Thursday, uniting the veteran coming off a career year with a team that has struggled in recent years to find a suitable left fielder.

Profar, 31, was a revelation for the San Diego Padres last year, hitting .280/.380/.459 with a career-high 24 home runs and 85 RBIs. Once the top prospect in all of baseball, Profar made his first All-Star team and won a Silver Slugger — all on a one-year, $1 million deal.

He cashed in with the Braves, who outbid a number of teams interested in Profar’s on-base skills as well as his energy that invigorated Padres supporters and infuriated rival fan bases.

Profar will join center fielder Michael Harris II and right fielder Ronald Acuña Jr., the former National League MVP coming off a torn left ACL just three years after tearing the ligament in his right knee. Without Acuña for most of last season, the Braves’ offense suffered a deep regression from 2023, when they set a single-season team record with a .501 slugging percentage.

The switch-hitting Profar can slot almost anywhere in the lineup, though he figures to begin the season toward the top as Acuña continues to rehab his knee. Beyond Harris and Acuña, Atlanta’s lineup includes All-Star third baseman Austin Riley, second baseman Ozzie Albies and first baseman Matt Olson. Profar will receive $12 million this year and $15 million in 2026 and 2027.

Atlanta is typically one of the most aggressive teams in baseball, striking early in free agency and with trades. After trading slugger Jorge Soler in late October, the Braves dabbled in minor league deals and watched as starter Max Fried went to the New York Yankees, starter Charlie Morton went to the Baltimore Orioles and reliever A.J. Minter went to the New York Mets.

Profar is Atlanta’s first real addition this winter after sneaking into the postseason at 89-73 and promptly getting swept by San Diego. He has spent all 11 years of his major league career in the West divisions, debuting at 19 with the Texas Rangers. Profar never fulfilled his potential there and went to Oakland in 2019 before settling with the Padres, where he became a full-time outfielder. Over 1,119 games in his career, Profar has hit .245/.331/.395 with 111 home runs and 444 RBIs in 4,291 plate appearances.

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Are the Dodgers ruining baseball? Inside the Roki Sasaki signing — and a spending spree that has rocked MLB

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Are the Dodgers ruining baseball? Inside the Roki Sasaki signing -- and a spending spree that has rocked MLB

SIX YEARS AGO, when the world knew next to nothing of a gangly 17-year-old pitcher in Japan, a Los Angeles Dodgers evaluator sat in the stands at his high school games with a video camera to capture the splendor. Roki Sasaki’s fastball regularly reached 100 mph, his right arm a whirling force of nature. The Dodgers were smitten. Sasaki could eventually be the best pitcher in the world, team officials told one another. And when the time came for his inevitable move to Major League Baseball, they wanted to ensure he felt as strongly about them as they did him.

In the time since, the Dodgers have conquered baseball in nearly every fashion imaginable. Armed with immense wealth from their owners and buoyed by the largest local television contract in the game, the Dodgers have spared no expense in trying to win. Their major league payroll consistently ranks at the top of the game, yes, but other line items are best-in-class, too, from their technology infrastructure to their coaching staff’s compensation to the quality of the food they serve their minor league players.

When this winter arrived and Sasaki, now 23, declared his intentions to come to MLB, the Dodgers didn’t need a sales pitch because the allure for players is obvious: If you covet winning, come join a burgeoning dynasty. Since being sold to the Guggenheim Baseball Management group in 2012 following the disastrous ownership of Frank McCourt that led the team to file for bankruptcy, the Dodgers have remade themselves into conquerors: of the National League West (11 titles in 12 years), their October demons (two World Series championships in five years), and the Japanese baseball market (the signings of Shohei Ohtani and Yoshinobu Yamamoto for more than $1 billion guaranteed).

Every front office pined for the latest Japanese ace this offseason. Eight teams were granted an audience with Sasaki. Three became finalists. The Dodgers were one. The San Diego Padres, Los Angeles’ chief rival in the NL West and another team whose early scouting of Sasaki won favor, were the second. The third came down to the Toronto Blue Jays, Texas Rangers, Chicago Cubs and New York Yankees — four other teams whose years of work in Japan and history with Japanese players spoke to an understanding of Sasaki and his desires. The rapport built with Toronto’s international scouting apparatus won the Blue Jays the third finalist slot.

Toronto impressed Sasaki with its answer to a burning question: Why had his sizzling fastball lost velocity in 2024? The explanation from Frank Herrmann, a Blue Jays baseball operations staffer who had pitched in the big leagues and was Sasaki’s teammate with the Chiba Lotte Marines, and Sam Greene, the Blue Jays’ assistant pitching coach, blended a discussion of data, mechanics and feel that boosted their pursuit. Sasaki spent multiple days in Toronto, and as he departed, the Blue Jays were confident that whatever advantages the Dodgers might have, they were surmountable.

The visit to San Diego left the Padres similarly assured. Star third baseman Manny Machado held a gathering at his house, where a Japanese chef cooked familiar cuisine. Jackson Merrill, the Padres’ 21-year-old center fielder expected to blossom into a superstar in coming seasons, attended, as did Ethan Salas, the 18-year-old catcher seen as a linchpin in future seasons. And San Diego had an ace in the hole: Yu Darvish, the progenitor of modern Japanese pitching, whom Sasaki regards as a mentor with peerless knowledge.

The successful meetings put that much more pressure on the Dodgers, who hosted Sasaki Jan. 14 at minority owner Peter Guber’s Bel Air home and summoned an array of players, all locked up to long-term deals: superstars Ohtani, Mookie Betts and Freddie Freeman, catcher Will Smith, and super-utility man Tommy Edman. Ohtani, knowing Sasaki loves dogs, brought his Dutch kooikerhondje, Decoy, to the presentation.

With the international signing period opening Jan. 15 and the window for Sasaki to sign closing Jan. 23, the decision zone arrived and forced action. All three teams lined up trades to acquire more international bonus money to help their pursuit. San Diego was eliminated first. Toronto, attempting to demonstrate its willingness to go above and beyond for Sasaki, struck a deal with Cleveland to take on $11.75 million remaining on center fielder Myles Straw‘s contract along with an additional $2 million in international money even before Sasaki had made his decision.

Soon thereafter, he did — and it wasn’t the Blue Jays. What so many in baseball saw as a fait accompli — to the point MLB did a preemptive investigation into whether Sasaki had any sort of prearranged deal (and determined he didn’t) — played out. While some teams in meetings asked if Sasaki wanted to be Kevin Durant or Michael Jordan — to join a superteam or help build one — the allure of the Dodgers was impossible to ignore. All of their games are broadcast on national TV in Japan. The stores at Nippon Professional Baseball stadiums that include racks of Dodgers gear will now feature jerseys with his name on them. The Dodgers’ plan when they signed Ohtani — “One of our goals is for baseball fans in Japan to convert to Dodger Blue,” president of baseball operations Andrew Friedman said — had borne fruit.

In executing that vision, the team has set off alarms inside the sport. The Dodgers’ signing of Sasaki for $6.5 million — a sum artificially deflated by MLB’s rules on international amateurs that offers Los Angeles hundreds of millions of dollars in surplus value — left front offices and fans alike gobsmacked. Watching the Dodgers pick off free agent after free agent with heavily deferred deals has built a wave of frustration. Seeing them land one of the most valuable contracts in the game — the sort typically reserved for the worst teams via the draft — reinforced something that has become increasingly clear.

The Dodgers are no longer just a team chasing championships. They are a stress test for the game itself.


THE ANGER — from disillusioned fans, from dispirited front offices, from owners made to look as if they don’t care — is very real. And it’s growing to the point that people at the highest levels of Major League Baseball acknowledge it concerns them. Most worrisome is the rhetoric that fans are done with the game. That what L.A. is doing is unfair. That the financial imbalance ruins the sport.

A villain around which people can rally is tolerable; an unbeatable monolith is not. An exemplar for how teams can operate is instructive; an extinguishing of hope is not. With every transaction pushing the Dodgers further from the former and more toward the latter, MLB faces growing cynicism that has reignited calls for a salary cap — and made collective bargaining discussions set to start a year from now, before the current basic agreement expires following the 2026 season, that much more fraught with peril.

Over the past 13 months, the Dodgers have morphed from a large-market, big-money jewel franchise that spent exceptional sums of money and didn’t have much to show for it into a referendum on the state of MLB in 2025. Because baseball is the last of the major North American professional sports leagues without a salary cap or floor, the difference between the Dodgers — who carry a payroll in the $375 million range — and the next-highest team, the Philadelphia Phillies, is nearly $70 million. That’s to say nothing of the gap between the Dodgers and the 30th-ranked Miami Marlins: around $300 million. The $120 million or so the Dodgers are in line to pay in luxury tax penalties on top of their payroll is more than the projected Opening Day payroll of 10 teams.

In the past 411 days, the Dodgers have:

  • Signed Ohtani to a 10-year, $700 million contract, with $680 million deferred

  • Traded for right-hander Tyler Glasnow and signed him to a five-year, $136.5 million contract extension

  • Signed right-hander Yamamoto to a 12-year, $325 million contract

  • Signed Smith to a 10-year, $140 million contract extension, with $50 million deferred

  • Signed two-time Cy Young winner Blake Snell to a five-year, $182 million contract, with $66 million deferred

  • Signed Edman, acquired at the 2024 trade deadline, to a five-year, $74 million contract extension, with $25 million deferred

  • Signed outfielder Michael Conforto to a one-year, $17 million contract

  • Signed reliever Blake Treinen to a two-year, $22 million contract

  • Signed outfielder Teoscar Hernández to a pair of deals totaling $89.5 million over four years, with $32 million deferred

  • Signed Korean infielder Hyeseong Kim to a three-year, $12.5 million contract

  • Signed Sasaki

  • Signed closer Tanner Scott to a four-year, $72 million contract, with $21 million deferred

In total, they have guaranteed $1.778 billion — nearly half of it ($874 million) deferred. For a team that already had Betts and Freeman under contract — a team that over its six previous full seasons won at least 100 games five times — to turn over more than half its roster and add nearly a dozen impact players registered as baseball gluttony.

A day after Sasaki’s signing, Chicago Cubs owner Tom Ricketts told 670 AM in Chicago that “it’s really hard to compete” with the Dodgers. Ricketts bought the Cubs for $845 million in 2009. They are worth around $5 billion now, according to a person who values professional sports franchises. The Cubs, according to Forbes, have the third-highest revenue in MLB, behind the Yankees and Dodgers. They are the epitome of a big-market, high-earning franchise. Ricketts said the Cubs attempt to break even every year. Forbes estimates they have earned more than $585 million before interest, taxes, depreciation and amortization over the past decade in addition to the more than $4 billion appreciation of the team.

At the time, the Cubs were attempting to sign Scott, among the most coveted relievers this winter. The next day, with a final offer of four years and $66 million — $6 million shy of where the Dodgers landed — they lost. The $18 million-a-year salary Scott received fell in line with those of other elite closers.

This is not a chicken-and-egg situation. Teams like the Cubs and Boston Red Sox — should-be powerhouses — earn reputations quickly among players by not spending. When franchises show they care about winning, players take note. The flocking of talented players to the Dodgers is not a function of a willingness to overpay. The vast majority of the long-term deals handed out by the Dodgers are market price or club-friendly. Betts’, Freeman’s, Smith’s. Ohtani’s deal — with $68 million of his annual $70 million salary deferred for a decade — was proposed by him to the Dodgers as well as to the other teams that pursued him: Toronto, San Francisco and the Los Angeles Angels.

While the Dodgers are among the rare teams that can carry three $300 million-plus deals (and four other nine-figure pacts on top of that) without bleeding money, they also thrive in the middle market. They took advantage of Ricketts’ unwillingness to push — he has limited the Cubs’ budget this winter, even after trading for Kyle Tucker — and won the bidding for Scott. Any team could have pursued Hernández, whose deal this winter was at market value. Every team passed on signing Snell to a long-term deal in the 2023-24 offseason. Edman was widely available at the trade deadline.

Every MLB club, even those with the lowest revenues, can compete for that sort of talent. So many operate with unbending devotion to their computer models, though, that the simple act of spending has become an even greater advantage for the Dodgers. With a history of teams on limited budgets annually performing among the best in the game, those franchises could fare even better stretching themselves financially and investing in winning, at the very least proportionally to those who devote a higher percentage of revenue to payroll. The Dodgers’ willingness to spend in grand sums and success with it should motivate other teams to keep up, not preclude them from doing so.


THREE DECADES AFTER the longest work stoppage in MLB history, the inequity baked into the game’s financial system remains. MLB’s pursuit of a salary cap in 1994 led to the cancellation of the World Series that year. The rekindling of a cap conversation has already begun — particularly by owners peeved by the Dodgers’ spending and the sheer size of Juan Soto‘s 15-year, $765 million, no-deferred-money deal with the New York Mets. Proposing a cap in next year’s CBA negotiations would be tantamount to a declaration of war by MLB — and already those owners are prepared for commissioner Rob Manfred to lock the players out Dec. 1, 2026.

It’s clear, by now, that the punitive elements the most recent collective bargaining agreement put in place — the luxury tax, the qualifying offer system, draft-pick punishment — are anti-spending measures that just don’t apply to some. The Mets have spent exceptional amounts of money and been OK. The Dodgers clearly see money as a competitive advantage they’re willing to flaunt. There is room to incentivize other teams to spend without having to institute a cap and a floor.

For now, though, this is the game. These are the rules. Players overwhelmingly supported the collective bargaining agreement that governs baseball. Owners voted unanimously in favor of it.

The Dodgers are the symptom, not the cause.

Players will point out that a cap is not a panacea. Without one, baseball has found parity on par with or better than capped leagues. In the past quarter-century, the team with the largest payroll in baseball has won the World Series just four times. Over the past 15 years, it’s just twice. No team has captured back-to-back championships since the Yankees won three straight 1998-2000. MLB’s postseason this year featured teams from Kansas City, Milwaukee, Detroit, Cleveland, Baltimore and San Diego. Perhaps most important: The randomness of baseball’s postseason typically serves as an equalizer, keeping even the most talented teams from their most dynastic aspirations.

As the Dodgers exceed the base luxury tax threshold of $241 million by more than 50%, it’s worth remembering that baseball has seen financial disparity like this before. There’s little solace to take in that this year, though, because the team the Dodgers have put together is genuinely great, extraordinarily deep, and prepared to weather injury, ineffectiveness and the other vagaries that would torpedo opponents’ seasons.

For all of the Dodgers’ advantages, it’s worth acknowledging the most overblown element of their approach. The deep misunderstanding of deferred money has painted it as a tool to avoid paying salaries for long periods of time and lessen a team’s luxury tax payroll. Neither of these is true.

Within two years of agreeing to a contract with deferred money, teams must place cash to cover future payments in an account and show statements annually to the league, according to the collective bargaining agreement. Deferrals are regarded by MLB the same way any business in any industry would: accounting for the time value of money. A dollar tomorrow is not worth as much as a dollar today. And a dollar 10 years down the road is worth much less than it is today. While Ohtani’s contract will ultimately pay him $70 million a year, its present-day worth is closer to the $46 million he counts against the luxury tax. This is not a loophole. It’s math. So is the fact that what they pay under luxury tax accounting — which uses the average annual value of a contract — exceeds the cash they’ll spend on payroll this year. The reality: They’re paying more in luxury tax this year.

An actual loophole does exist in the California tax system, incentivizing players who don’t live in the state to defer money and secure large signing bonuses, both of which allow them to skirt state taxes. This is nothing new for professional athletes across sports. Teams in Texas and Florida have been using a lack of state taxes to their advantage for decades. It’s not a particularly significant advantage — except for Ohtani, who California lawmakers said could avoid around $90 million in state taxes as they pursue legislation to fix the law.

What’s undeniable — and undeniably frustrating to fans and owners alike — is that despite the inflated dollar figure, Ohtani’s contract is the team-friendliest free agent deal in baseball history. Between his production and the revenue he helps the Dodgers generate, he is worth well over $100 million annually, not $46 million. And once the Dodgers were able to secure his services for the next decade, the franchise could still turn around and spend more than a billion dollars however it saw fit, perfectly content to pay the luxury tax.

Under McCourt’s ownership, the Dodgers were directionless underachievers. They became a fury-inducing juggernaut when they sought to maximize themselves, and that is the ultimate endgame of the stress test: Have they mastered this system to the point that it must be overhauled?

As the 2025 season unfolds and attempts to answer that question, they will wear the boos and the chirping and all of the nastiness in opposing ballparks. But this is not their fight. It is the commissioner’s and the owners’ and the union’s. Those stakeholders need to find an answer that isn’t just kicking the can down the road for five years but actually, actively changing baseball’s economic structure so players continue to make what they’re worth and fans see a tolerably fair system.

The greatest drug of sports fandom is belief, and right now, belief in baseball is waning. October has always been the great equalizer, a time when hot teams regularly beat more talented teams. If that happens to the Dodgers in 2025, the schadenfreude will be strong enough to part the Red Sea. Should the Dodgers become repeat champions, though, the chorus will grow louder and the distrust deeper. The stress test has arrived, and for all of the game’s resiliency, baseball’s future depends on its ability to navigate a situation of its own making.

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