‘Man, starting pitchers are getting PAID’: Winter meetings show it’s a good time to be an ace
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Alden Gonzalez, ESPN Staff Writer
DALLAS — The enormity of Juan Soto‘s contract — stretching 15 years and guaranteeing $765 million, not a penny of which is deferred — brought an initial jolt to Major League Baseball’s winter meetings on Sunday night. It was monumental and far-reaching, but it was also an outlier, given the uniqueness of landing one of history’s greatest hitters in his mid-20s. As the days passed, subsequent transactions took place and the offseason began to round into form, a more revealing trend emerged at the sprawling Hilton hotel that hosted baseball’s annual gathering earlier this week.
A prominent agent expressed it succinctly on Tuesday night, in the middle of an emptying lobby after a dizzying round of transactions.
“Man,” he said, “starting pitchers are getting paid.”
Hours earlier, Max Fried signed an eight-year, $218 million deal with the New York Yankees, blowing away the most reputable projections. Later, Nathan Eovaldi secured a three-year, $75 million contract to return to the Texas Rangers, more than doubling the guarantee of his prior deal in his mid-30s. And just a day prior, Alex Cobb, a 37-year-old who made three starts while dealing with a litany of injuries last season, cost the Detroit Tigers $15 million on a one-year deal — a sign that it wasn’t just the top starters getting paid, but the innings-eaters and the reclamation projects, too, age be damned.
Fried, Eovaldi and Cobb followed a path that had already been laid out by the likes of Blake Snell (five years, $182 million with the Los Angeles Dodgers), Luis Severino (three years, $67 million with the Athletics) and Matthew Boyd (two years, $29 million with the Chicago Cubs). All of them did better than expected. All of them triggered a fundamental question:
Why, at a time when starting pitchers have never been counted on less, are they more expensive than ever?
Executives, agents and coaches surveyed in the 72 hours that encompassed baseball’s winter meetings brought up an assortment of theories.
One general manager noted that starting pitchers who can consistently tackle five to six innings and 160 or so over the course of a six-month season aren’t any less important, even in an era of heavy bullpen usage — they’re simply more rare, triggering the type of demand that can escalate prices. Another pointed to the impact of big-market teams chasing top-tier free agents and how that has affected those below them. Another pointed specifically to the New York Mets, who handed Soto a record-breaking contract but might have set a tone in a different way — by signing Frankie Montas earlier this month to a two-year, $34 million deal that was viewed in some circles as an overpay.
But most of the conversations came back to the rapid rate of arm injuries that have plagued the industry and made teams hyper-paranoid about their starting pitching depth.
These days, even more so than before, enough is never enough.
“Teams used to feel good if they could go into a season with, I’d say, seven or eight guys they can count on to start games at the major league level, at least in some capacity,” said one front office executive. “Now that number is like 11.”
The approach taken by two of the sport’s most successful franchises illustrates that.
The Yankees already boasted a solid fivesome of Gerrit Cole, Carlos Rodón, Luis Gil, Marcus Stroman and Clarke Schmidt — but Fried was their obvious pivot after missing out on Soto, enough to cross a $200 million threshold few foresaw for the soon-to-be-31-year-old left-hander. The Dodgers, who beat the Yankees in the World Series, were set to return a rotation composed of Yoshinobu Yamamoto, Tyler Glasnow, Shohei Ohtani, Tony Gonsolin and Dustin May, while backed by a pitching pipeline that has become the envy of the sport — and yet they zeroed in on Snell at the onset of the offseason.
“I know that as a team, we’ve felt it more acutely,” said Dodgers GM Brandon Gomes, whose club suffered through an array of pitching injuries in 2024. “You feel like you have depth coming in, and sometimes it maintains and sometimes it doesn’t. It’s a little scary of an unknown.”
The increase in pitcher injuries has been raising alarm bells for the better part of a decade, but a presentation at this week’s winter meetings placed that in a new light. The sport’s 30 managers gathered in a conference room on Wednesday morning as MLB officials guided them through key findings from a yearlong study of pitcher injuries that involved input from more than 200 experts in a variety of roles. One of the slides showed that surgeries to repair damaged ulnar collateral ligaments at the minor league level had basically doubled over the past 10 years. Not only are current major league pitchers breaking down, so is the foundation behind them.
Said one manager in attendance: “It was stunning.”
The trade market hadn’t reached full tilt by the time most of the industry’s agents and executives boarded their flights back home on Wednesday afternoon. But the expectation was that it would soon pick up, particularly as it relates to starting pitchers. Teams seeking alternatives to the higher free agent prices have expressed interest in Dylan Cease, Pablo López, Framber Valdez, Jesús Luzardo and Luis Castillo, names that should gain more traction after Chicago White Sox ace Garrett Crochet was dealt to the Boston Red Sox for an impressive haul of prospects.
Two of the Red Sox’s division rivals, the Baltimore Orioles and the Toronto Blue Jays, are still searching for frontline starting pitching. So are the Mets and the San Francisco Giants, two of the offseason’s busiest teams. So are many others.
A dozen starting pitchers have signed for a combined $788.5 million through the first five weeks of this offseason, already about 63% of the spending in that department from last year — with Corbin Burnes still expected to exceed $200 million and Jack Flaherty, Sean Manaea, Nick Pivetta, Walker Buehler, Max Scherzer and Justin Verlander among the roughly 75 other starters available. And though the player pool is widely considered to be better than it was a year ago, and many executives will caution that early deals tend to be inflated, setting up the possibility that those who remain don’t do so well, one thing is clear:
Starting pitching, famously out of vogue in the modern game, is still at a premium.
INDIANAPOLIS — Kyle Larson experienced his first crash at Indianapolis Motor Speedway on Thursday, the second day that Indianapolis 500 drivers participated in open testing on the 2.5-mile oval.
The 2021 NASCAR champion spun coming out of the first turn, hit the wall and bounced down to the warmup lane before tapping the wall a second time and eventually rolling to a stop.
Larson blamed himself, saying he forgot to hit the weight jacker going into the turn. But he also tried to find some positive from the incident.
“I’m happy to crash my first Indy car and live through it,” Larson said.
IN THE WALL 😬@KyleLarsonRacin makes contact with the wall exiting Turn 1 and in Turn 2.
📺: INDYCAR YouTube pic.twitter.com/5TE5c1BXDs
— NTT INDYCAR SERIES (@IndyCar) April 24, 2025
An Arrow McLaren official told The Indianapolis Star that Larson will not take part in the Thursday afternoon practice session due to the crash damage. The team decided not to rush the repairs, which would have left minimal practice time at best, the official said.
Larson is attempting to complete “the double” by racing in both the Indianapolis 500 and NASCAR’s Coca-Cola 600 on May 25. His first attempt was thwarted by a rain delay in the 2024 Indy 500 that saw him arrive to the NASCAR race just as that race was called off for weather.
He wasn’t the only familiar name to crash Thursday. Two-time Indianapolis 500 winner Takuma Sato crashed shortly after Larson, losing the back end of his car in the first turn and smacking the wall hard in the short chute before rolling to a stop.
“Lost it,” Sato said. “I simply lost it.”
Both drivers were checked at the infield hospital and released.
Graham Rahal also tapped the wall late in Wednesday’s practice.
Series officials added horsepower to the cars for the Thursday morning session as they test the IndyCar hybrid, which makes its IMS debut next month. An afternoon session without the boost closes out the two-day test.
The Associated Press contributed to this report.
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Jesse Rogers
CHICAGO — Los Angeles Dodgers starter Blake Snell will back off his throwing program as he continues to recover from left shoulder inflammation, according to manager Dave Roberts.
“As he was playing catch, he just didn’t feel great,” Roberts said Wednesday afternoon before the Dodgers played the Chicago Cubs. “Right now, we’re going to slow play the throwing. Will probably get it looked at again when we get back home.”
Snell, 32, has been on the injured list since early April after making just two starts for the Dodgers. He signed a five-year, $182 million contract this past offseason.
Snell, who was set to throw a bullpen session Wednesday, felt discomfort in the shoulder while playing catch Tuesday. Roberts was asked how concerning the latest setback was.
“I wouldn’t say concerning because part of the messaging from us to Blake is, it’s about later on in the season and if there’s any type of discomfort, let’s not try to fight through it,” Roberts responded.
Snell is one of several Dodgers pitchers on the mend, including left-hander Clayton Kershaw, who pitched three innings in a minor league start Tuesday, his second rehab outing this spring.
“Velocity was good,” Roberts said. “Got into the fourth inning. He’ll make a start next week. Really positive stuff.”
The Dodgers also received positive news about right-hander Tyler Glasnow after he left his last start with leg cramps. His latest bullpen session went well, according to Roberts.
Meanwhile, Shohei Ohtani is throwing again after missing time on the paternity list. He’ll have another bullpen session Saturday as he recovers from elbow surgery, though the team still doesn’t have a timetable for his return to major league action.
The team was also without catcher Will Smith on Wednesday after he injured his wrist on a play at the plate in Tuesday’s loss to the Cubs.
“As he made the tag, his [left] wrist turned in and so there’s some residual soreness,” Roberts said.
Smith could get imaging done when the team returns to Los Angeles, but Roberts wasn’t overly concerned about the injury.
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