
Triple Crown: How to watch and how to bet the Preakness
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Published
2 years agoon
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Katherine Terrell, ESPN Staff WriterMay 19, 2023, 10:01 AM ET
Close- Covered the NFL since 2013
- Previously covered the Saints for the Times-Picayune and The Athletic
- Bengals beat writer for ESPN from 2016-19
Additional betting analysis provided by Anita Marks. File has been updated to account for news of No. 8 horse First Mission.
The 148th running of the Preakness Stakes doesn’t promise nearly as much drama as the Kentucky Derby did two weeks ago.
This year’s Kentucky Derby featured five scratches, the most since 1936, including morning line favorite Forte, who was ruled out of the race by state veterinarians on the morning of the race because of a foot bruise. So far, one horse has been scratched from the original eight-horse field, as 8, First Mission (5-2) was withdrawn on Friday morning.
Forte is ineligible for the Preakness because of a mandatory two-week stint on the veterinarian’s list. Kentucky Derby winner Mage is the only horse to compete in that race and move on to Preakness, where he will face seven contenders in the Grade I race, which will go off on Saturday at 7:01 p.m. ET.
How to watch the Preakness
It is the 13th of 14 races scheduled at Pimlico Race Course in Baltimore. Coverage will begin on CBNC from 1-4:30 p.m. ET and on NBC from 4:30-7:30 p.m. ET. It will stream live on NBCSports.com, the NBC Sports app and Peacock.
A possibility for a Triple Crown
The Preakness Stakes is often considered the forgotten leg of the Triple Crown. It doesn’t have the anticipation of the Kentucky Derby or the potential ramifications of the Belmont Stakes, and trainers of Kentucky Derby horses often choose to skip it to aim for the Belmont in June.
That’s particularly evident when there’s no Kentucky Derby winner in the race. That was the case last year, when the connections of Rich Strike, the 80-1 winner of the Kentucky Derby, elected for him to skip the race.
It also happened in 2019, when long shot Country House, who placed first in the Kentucky Derby because of Maximum Security’s disqualification, was withdrawn from the Preakness due to illness.
There also was no Triple Crown possibility in 2020, when the Preakness was run last of the Triple Crown races because of COVID-19 rescheduling.
Although most of the contenders are new shooters, Mage’s appearance should bring some excitement to the race by giving fans hope for a Triple Crown attempt, which only increase with First Mission’s withdrawal.
Bob Baffert is back
There will be one familiar face in Maryland outside of Mage and his connections.
Trainer Bob Baffert will run a horse in a Triple Crown race for the first time since the 2021 Preakness. Baffert’s seven Preakness wins are tied for most by a trainer in the race’s history.
The two-time Triple Crown winning trainer will be aiming for his eighth Preakness win with National Treasure, who has only one lifetime win but has finished among the top three horses in three stakes races.
Baffert has not been allowed to run in a Triple Crown race since the late Medina Spirit finished third in the 2021 Preakness. The 2021 Kentucky Derby winner tested positive for betamethasone, a substance banned on race day, leading to a disqualification and a two-year ban for Baffert at all Churchill Downs Inc.-owned racetracks. Baffert was also banned from running at Belmont Park or any New York Racing Association tracks for a year, although that ban was reversed in court after the 2021 Belmont Stakes.
The spotlight will be on Baffert after weeks of scrutiny surrounding the sport. Eight horses died at Churchill Downs in the week leading up to and after the Kentucky Derby, one of whom was prepping to run in the race. Two of those horses belonged to trainer Saffie Joseph Jr., who received an indefinite ban from Churchill Downs and had Lord Miles scratched from the Kentucky Derby.
The favorite
Morning line odds shown. click here for the latest odds
3. Mage (8-5)
Trainer — Delgado Gustavo; Jockey — Javier Castellano; Record – 4:2-1-0
Mage, a lightly raced colt who went off at 15-1 in the Kentucky Derby, was able to close from the back of the pack in that race after the leaders tired.
Mage’s connections will likely be hoping for another fast pace, but he’s not a stone-cold closer who has to be in the back. He has come off slow in his past two races and ended up in that position, but that wasn’t the case in his first two starts. Expect him to be closer to the front but not in the lead.
While Mage certainly ran an impressive Derby, he’ll be coming off less rest than any horse in the race, which is something to consider when making bets.
The Contenders:
1. National Treasure (4-1)
Trainer — Bob Baffert; Jockey — John Velazquez; Record — 5:1-1-2
The Baffert trainee had been a Triple Crown contender since he sold for $500,000 as a yearling in 2021. National Treasure was transferred to Baffert’s former assistant Tim Yakteen for the Santa Anita Derby because of Baffert’s ban from accumulating points to get into the Kentucky Derby, but is running for Baffert again for the Preakness.
A fourth-place finish in the Santa Anita Derby didn’t earn enough points for entry into the Kentucky Derby, but he should have a good shot to win this race if he can get an early lead. He’ll likely try to do that from the rail.
National Treasure has had issues with focus, which is likely why blinkers are being put back on for this race. It’s a tossup as to whether he has matured enough that it’ll do the trick.
7. Blazing Sevens (6-1)
Trainer — Chad Brown; Jockey — Irad Ortiz Jr.; Record — 6:2-0-2
Chad Brown has been successful with new faces in the Preakness, winning the 2017 race with 13-1 shot Cloud Computing and last year’s race with Early Voting. Both were late bloomers who didn’t do much as 2-year-olds.
Blazing Sevens won the Champagne Stakes last fall and recently finished third in the Blue Grass Stakes, although neither winner Tapit Trice nor second-place finisher Verifying did much in the Derby.
The long shot
6. Perform (15-1)
Trainer — Shug McGaughey; Jockey — Feargal Lynch; Record: 7:2-1-1
Don’t underestimate the outside factors with this colt. He’s trained by Hall of Fame trainer Shug McGaughey, who doesn’t enter Triple Crown races unless he thinks he has a real shot. Perform’s connections also paid a $150,000 supplemental entry free to run in this race because he was not originally nominated to the Triple Crown.
The ownership group chose to pay the fee after his performance in the Federico Tesio Stakes, when he won by a head as a 10-1 long shot despite stumbling out of the gate and being cut off late into the race.
Also running
2. Chase The Chaos (50-1) — Jockey: Sheldon Russell
4. CoffeewithChris (20-1) — Jockey: Jamie Rodriguez
5. Red Route One (10-1) — Jockey: Joel Rosario
Betting strategy
The scratch of First Mission brings the field size down to seven horses, which makes the betting options pretty limited. It also bumps up Mage’s chances of taking the Preakness while giving him even less value to handicappers than before. Handicappers that like Mage can try to single him in horizontal bets like Pick 3s and Pick 4s, which means selecting the winners of multiple races. We won’t get into those bets here, and instead will focus exclusively on this race while trying to beat Mage.
Exotic bets (such as exactas and trifectas) also provide better value than a straight win bet on Mage would. National Treasure won’t offer as big of a payout as he might have with First Mission in the field, but getting anywhere near his 4-1 morning line odds wouldn’t be too bad. He has the ability to stalk or set the pace, and Baffert can’t be counted out of these races, even after his hiatus. He could certainly position himself nicely to have a chance to win.
We won’t do too many combinations here because of the small field. Box National Treasure with Blazing Sevens, meaning the bet will cash if either horse wins. A $2 exacta box would cost $4 for this bet. In trifectas, put National Treasure on top, over Blazing Seconds in second, then Red Route One, Perform and Mage to come in third. Betting a $2 trifecta this way would cost $6 with the addition of the extra horses. Ideally Mage would not hit the board in this situation because his odds would offer a small payout, but he would also have to run a very poor race, so whether he should be included or not at the bottom of exotic bets depends on the handicapper’s conviction against him.
With that strategy in mind, here is a sampling of bets you could make if you like National Treasure and want to avoid the favored Mage.
Win: National Treasure
Exacta box: National Treasure, Blazing Sevens
Trifecta: National Treasure to come in first, Blazing Sevens to place and one of Red Route One, Perform or Magic to show.
Anita Marks’ bets
With only seven horses in the field, I’ll set up a trifecta with a few likely outcomes to maximize my chances to win. Here are the three horses I will be using to win or place in my trifecta.
3. Mage (8-5) The favorite and rightfully so — considering he won the Derby. Owner Gustavo Delgado felt Mage has responded well from the Derby and can make a go at it in Charm City. We saw in the Derby that this horse has a good mind, and push-button speed. He will want a fast pace to win. Javier Castellano will be his jockey again.
7. Blazing Sevens (6-1) Did not race in the Derby in order to be ready for the Preakness, a decision his trainer has made twice, and won both times.
1. National Treasure (4-1) Bob Baffert horses have won the Preakness seven times and are looking for the eighth on Saturday.
I will round out my trifecta with two long shots to show.
5. Red Route One (10-1) Gun Runner is his sire. He has a good running style and has impressive closing speed. If given the correct ride, could be a factor.
6. Perform (15-1) Won the Tesio Stakes from nine back, which was impressive. Has the same sire as Mage (Good Magic). Could challenge at the end.
The bet:
$1 Trifecta 1, 3 – with 1, 3, 7, with 7, 1, 5, 6 (total cost: $11)
That means I have 1 (National Treasure) or 3 (Mage) winning, with the 1, 3, or 7 (Blazing Sevens) placing (finishing second) and the 7, 1, 5 (Red Route One) or 6 (Perform) showing (finishing third).
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Sports
Stanley Cup playoffs daily: Critical Game 4s for Capitals, Knights
Published
3 hours agoon
May 12, 2025By
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The Washington Capitals and Vegas Golden Knights are at the same crossroads, facing 2-1 deficits ahead of road playoff games Monday.
First up on the schedule is Capitals-Carolina Hurricanes (7 p.m. ET, TNT), followed by Golden Knights-Edmonton Oilers (9:30 p.m. ET, TNT).
Read on for game previews with statistical insights from ESPN Research, a recap of what went down in Sunday’s games and the Three Stars of Sunday from Arda Öcal.
Matchup notes
Washington Capitals at Carolina Hurricanes
Game 4 | 7 p.m. ET | TNT
With a 2-1 series lead, the Canes are now -650 favorites to win this series, while the Capitals are +425. Carolina has also jumped to second in the Stanley Cup futures table, at +350, while the Capitals are now +2500.
This is the second straight series in which the Canes led 2-1 (they beat the Devils in five games in Round 1). Carolina/Hartford is 9-4 all time in best-of-seven series when leading 2-1.
Game 3 was the Canes’ first playoff shutout win since Game 2 of the 2022 second round against the Rangers. It was the Caps’ first shutout loss since Game 5 of the 2020 first round against the Islanders.
Frederik Andersen‘s shutout was the fourth of his playoff career, but his first postseason clean sheet as a Hurricane. He joins Cam Talbot as the only active goalies with a playoff shutout for three different franchises.
Andrei Svechnikov now has six goals this postseason, which is the 17th instance of a Hurricanes/Whalers player scoring six or more goals in a single postseason.
The four goals allowed by Logan Thompson in Game 3 were more than his combined goals against in Games 1 and 2, and the most since Game 3 of the first round against Montreal (five).
Vegas Golden Knights at Edmonton Oilers
Game 4 | 9:30 p.m. ET | TNT
The Oilers’ and Knights’ series odds contracted after Vegas’ Game 3 win. Edmonton is now -250 to win, whereas Vegas is +200 to do so. The Oilers have the third-shortest Cup futures odds at +360, while the Knights are third longest at +1000.
Vegas’ Reilly Smith was credited with the winning goal in Game 3 with 0.4 seconds left on the clock after the puck angled in off Leon Draisaitl‘s stick. It goes in the record books as being scored with one second left in the third period — tied for the latest go-ahead goal in regulation in Stanley Cup playoff history with Colorado’s Nazem Kadri in 2020 and Carolina’s Jussi Jokinen in 2009.
Jack Eichel enters Game 4 riding an active six-game assist streak, which is tied for the Golden Knights’ postseason record. Mark Stone (2023) and Smith (2018) also accomplished the feat.
Connor McDavid now has 40 career playoff goals; he’s the seventh Oilers player to reach that benchmark.
Edmonton’s Corey Perry scored two goals in the first period of Game 3, becoming the third-oldest player in Stanley Cup playoff history with a multigoal period; at 39 years, 359 days old, he is behind Nicklas Lidstrom (41) and Teemu Selanne (40) at the time they had a multigoal period in a playoff game.
Öcal’s Three Stars from Sunday
The reigning Stanley Cup champions played their best game of the postseason. They limited the Maple Leafs to 22 shots on goal, owned the neutral zone, and peppered Toronto’s Joseph Woll with 37 shots en route to a 2-0 win. (Small shoutout to Woll, who played great — this game could’ve easily been 8-0.)
With a goal and two assists in Game 3, Rantanen became the first player in Stanley Cup playoffs history with five three-point games through a team’s first 10 contests. His first of those games was in Game 5 of the first round.
Bobrovsky didn’t have the busiest night of his playoff career, but he stopped all 22 shots on goal, his fifth career postseason clean sheet.
Sunday’s recaps
Dallas Stars 5, Winnipeg Jets 2
DAL leads 2-1 | Game 4 Tuesday
The Stars returned home having earned home-ice advantage in the series with a split of the first two games in Winnipeg, and from the start of this one, they looked like they did not want to give it back. Dallas’ Roope Hintz scored 2:27 in on a power play, and while Kyle Connor answered midway through the first, Thomas Harley responded thereafter, giving Dallas a 2-1 edge after the first. Nino Niederreiter scored his fourth goal of the playoffs to knot the game at two, but then the third period was all Stars. Alexander Petrovic and Mikko Rantanen scored within 50 seconds of each other, and Wyatt Johnston put the exclamation point on the contest with a goal at 14:06. Full recap.
1:29
Tempers flare late after Max Domi’s big hit on Aleksander Barkov
Panthers captain Aleksander Barkov is shaken up after taking a hit from Max Domi late in the game.
Florida Panthers 2, Toronto Maple Leafs 0
Series tied 2-2 | Game 5 Wednesday
It’s down to a best-of-three for the Atlantic Division crown. Carter Verhaeghe kicked off the scoring for the Panthers at 15:45 of the first, and the 1-0 score would persist until 12:09 of the third, when Sam Bennett added his fifth of the postseason to make it 2-0. That was more than enough for Sergei Bobrovsky, who saved all 23 shots the Maple Leafs sent on goal. Joseph Woll was no slouch in the Leafs’ cage, either, saving 35 of 37. Tempers flared late in the game after Toronto’s Max Domi boarded Panthers captain Aleksander Barkov and a small melee ensued. Will that carry over into Game 5? Full recap.
0:34
Wyatt Johnston pokes in Stars’ 3rd goal of 3rd period
Wyatt Johnston taps in a goal for the Stars to pad their lead in the third period vs. the Jets.
Sports
‘Understanding what it takes to win’: How Jack Eichel became a complete, 200-foot player
Published
3 hours agoon
May 12, 2025By
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Ryan S. ClarkMay 12, 2025, 07:30 AM ET
Close- Ryan S. Clark is an NHL reporter for ESPN.
LAS VEGAS — Jack Eichel is everything everywhere all at once for the Vegas Golden Knights.
You’re going to see Eichel start games. You’re going to see him score goals. You’re going to see his work lead to goals for his teammates. You’re going to see him score on the power play. Chances are — and not as in Chance, the Golden Knights’ mascot — you already knew that.
But what you might not realize? You’re also going to see him winning defensive zone faceoffs while playing a big role on the penalty kill. You’re going to see him among the special group that Golden Knights coach Bruce Cassidy trusts to either get the lead or defend the lead in the final two minutes.
Eichel’s status as a top-line center made him the centerpiece of possibly the biggest trade in the history of a franchise that has embodied the winning-at-all-costs philosophy. But Eichel’s focus was on something more: becoming a complete center who can be sent out on the ice in any situation.
Getting there involved earning Cassidy’s trust — which meant arriving at a certain realization about his game.
“When I got here, we had Chandler Stephenson, who is a really good-way center. You have William Karlsson, who is a really good two-way center,” Eichel said. “I looked around and said, ‘If I want to get the ice time and be trusted in these situations, I have to earn the trust of the coach and become more detailed and responsible defensively.'”
For all the different moves that Golden Knights general manager Kelly McCrimmon has made to tweak his roster, there are constants. One of them is having a stack of two-way centers on all four lines, to the point that one of them might be moved to the wing because the Golden Knights have that much depth.
Not that Eichel couldn’t be used in defensive situations earlier in his career. It’s just that the No. 2 pick of the 2015 NHL draft was always known more for what he did in the offensive zone, going back to his time at Boston University, where he won the Hobey Baker Award in his lone season, and in six seasons with the Buffalo Sabres.
“I [penalty] killed a little bit when I was in Buffalo, and sometimes when you have a team that’s not winning, you can be honed as a poor defensive forward or a defensive liability,” Eichel said. “I also think just part of it is maturity. It’s understanding what it takes to win, and coming here and having the opportunity to play in this system with this organization, and then allowing me to grow my game, and then having the opportunity to do that.”
THERE WERE A NUMBER of terms that were associated with Eichel when he was a draft prospect in 2015: Future captain. Future All-Star. Future franchise savior.
Being the strongest penalty killer, however, wasn’t one of them.
Eichel acknowledges he was on the penalty kill with the Sabres. It was enough to make him a contributor, but he never was the center anchoring a short-handed unit. The most short-handed minutes he received in a single season was 53:13 in his third season in Buffalo, according to Natural Stat Trick.
“It’s about the details, but I think a lot of young players when they come into the league are a bit raw,” Eichel explained. “They’re still used to having the puck on their stick for so much time during the game and they rely on their offense. You have to find out ways to round your game off and become a more complete player.”
Getting traded to Vegas in November 2021 was a significant shift. It took Eichel from a franchise that struggled to win — despite finding lots of talented players — to an organization for which “failure” was finishing that 2021-22 season with 94 points and missing the postseason by a single point — after reaching the playoffs in four consecutive campaigns.
That playoff miss prompted the Golden Knights to move on from coach Peter DeBoer and hire Cassidy, who had just been let go by the Boston Bruins. In Cassidy, the Golden Knights got an experienced coach whose defensive philosophies were at the core of why the Bruins reached the playoffs in six straight seasons.
“It did take time,” Karlsson said about learning Cassidy’s system. “We weren’t used to it. But once we learn it, you react with your instincts. You don’t have to think about it anymore because it’s a really good system. He usually has the center in a really good position, but also a really good position to transition into the offensive zone. But there are a lot of defensive details.”
Eichel made an impact in his first full season with Vegas in 2022-23. He led the Golden Knights with 66 points, and his 27 goals were second on the team. Eichel also led the club with 223 shots on goal, while scoring 14 power-play points.
The way McCrimmon constructed the Golden Knights meant that for Eichel to attain more ice time in those crucial situations, he needed to find room in a crowded landscape. The Knights had Karlsson and Stephenson. And they also had Ivan Barbashev, Brett Howden, Nicolas Roy, Reilly Smith and Mark Stone as part of the forward core. All of them logged more short-handed minutes than Eichel when they won the Stanley Cup in 2023.
Still, Eichel would be second on the team in 5-on-5 minutes during the playoffs behind Jonathan Marchessault, while finishing with six goals and 26 points in 22 games.
How did Eichel go about letting Cassidy know that he could be trusted in those situations? It wasn’t through anything he said. It was about using every practice and every game to prove he was ready to handle those demands.
“If I’m put in a situation and I don’t produce a result that is positive for the group? Then, I’m not going to have opportunities,” Eichel said. “It’s about gaining trust through good play, working with the coaches on the structure, what they are looking for and then being able to go out and execute it. I think that’s been a big, big thing.”
Even if he wasn’t heavily used on the penalty kill with the Sabres, Eichel was still playing a lot. He averaged more than 19 minutes per game in every season in Buffalo, and had four straight seasons of more than 20 minutes per contest.
In his first season with Cassidy in 2022-23, Eichel averaged a career-low 18:46 of ice time per game in the regular season, and logged 18:59 per game in the playoffs en route to the Cup.
The investment Eichel made in becoming a more responsible player paved the way for his increased minutes in the seasons that followed. There was also an opportunity for someone to take those short-handed minutes, because Smith was traded to the Pittsburgh Penguins following the Cup win in 2023.
Eichel would finish 2023-24 with a career-high 20:31 in ice time per game in 2023-24, and 123:48 in short-handed ice time, which was second among all Vegas centers behind Karlsson. He was also second in total power-play ice time, and seventh in total 5-on-5 ice time on the team — mainly due to missing 19 games.
“We’ve always had good centers. I think we definitely took a crazy step forward when we added Jack,” said Stone, a two-time Selke Trophy finalist as the game’s best two-way forward. “You go from having three guys to four guys, maybe five guys, even. Last year, he kind of took over and this year he took over for Stephenson.”
LOSING MARCHESSAULT AND STEPHENSON to free agency — in an offseason in which they saw six players from their 2023 Stanley Cup-winning team depart — meant the Golden Knights needed to find solutions to make up for those departures.
Eichel provided the Golden Knights with the best season of his career. His 66 assists and 94 points were both career highs. Some point out that Eichel could have had his first 100-point campaign if not for missing five games.
Then there’s his usage. Eichel led all Golden Knights forwards in average ice time (a career high of 20:32 per game), 5-on-5 ice time and power-play minutes. As for short-handed minutes? Eichel led all forwards in that too, by a margin of 35 minutes more than Howden. He was second in defensive zone faceoffs taken.
There was also an underlying theme of limiting mistakes. Vegas finished the regular season with the second-fewest penalty minutes in the NHL. And yes, Eichel was at the heart of that too, as he had only eight penalty minutes.
“It helps when you have the puck a lot,” Stone said. “He’s good in the D-zone, but he has the puck on his stick more than he doesn’t. He plays the D-zone quick, but when you’re that good of a player, the other team is thinking about not making mistakes.”
Karlsson explained how Cassidy’s system can be physically demanding for anyone playing down the middle. He said there are the natural expectations that come with playing center in today’s NHL. But one of the reasons why the Golden Knights place such an emphasis on conditioning and strength training is so their centers are prepared to play those longer shifts in the event they can’t get off the ice.
Stone added that Cassidy’s structure means centers are doing “a lot of skating,” while the wingers are expected to deny the other team from getting shots from the point and being active in the top of the ice.
“He’s been handling it well this year,” Karlsson said. “He’s in Year 3 now of Butch and his assistants. It’s kind of natural to him now and he’s good. He’s good at picking up things like stripping a guy off the top as he’s a big, strong guy. He reads the game well, so he’s really turning into a 200-foot player.”
During Cassidy’s time with the Bruins, he worked with venerable two-way centers such as six-time Selke Trophy winner Patrice Bergeron and stalwart second-line pivot David Krejci. In discussing those two, Cassidy admitted that they “probably taught me more than I taught them.”
But when it came to his conversations with Eichel, Cassidy said that he talked about what he saw from Bergeron and Krejci — the value they saw and provided in efficient operations in the defensive zone.
Cassidy said he and his staff started seeing that investment in Eichel pay off during their championship season. He’s since grown in those responsibilities as a two-way player who can now be used in every situation.
“That’s on the player,” Cassidy said. “They’ve got to decide if that’s what they want to do because it’s not easy to check. It’s a mindset a lot of nights, and we’ve got to be going to work and he’s done it. He’s getting credit for it, and he should.”
Sports
Olney: The X factors defining this year’s trade deadline
Published
4 hours agoon
May 12, 2025By
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Buster OlneyMay 12, 2025, 07:00 AM ET
Close- Senior writer ESPN Magazine/ESPN.com
- Analyst/reporter ESPN television
- Author of “The Last Night of the Yankee Dynasty”
Teams are traditionally split into two camps leading up to the Major League Baseball trade deadline — those acquiring talent and those trading it away. But the addition of a third wild-card team for each league in 2022, which created a 12-team playoff field, has helped foster a third category: opportunists.
These clubs are on the fringe of contention, aiming to take advantage of a thin trade market by putting high asking prices on some of their players, hoping a desperate contender buys in — for maximum value.
Adders. Dealers. Opportunists.
This is just one of a number of developing conditions that are helping to form the 2025 trade market. Let’s dig into all the X factors that will rule this year’s July 31 deadline based on what executives around the league are saying.
1. There could be more opportunists this year.
The Milwaukee Brewers are hovering around .500 in an absolutely stacked National League, and even though they could be within range of the division lead in July, it would be with diminished hope if the Chicago Cubs continue to build on their strong start. Additionally, it might be unlikely that in an NL packed with playoff-caliber teams — the New York Mets, Philadelphia Phillies and Atlanta Braves in the East, and the Los Angeles Dodgers, San Diego Padres, San Francisco Giants and Arizona Diamondbacks in the West — that Milwaukee could even win a wild-card spot. The Brewers have better chances of taking the NL Central (13%) than earning a wild-card berth (5.3%), according to Fangraphs.
This could lead to the Brewers doing what the Tampa Bay Rays did at the trade deadline last year — capitalize on there being so few dealers on the market. Freddy Peralta has been one of the league’s best starters this year, and he’s earning a very affordable $8 million this year, with Milwaukee holding an $8 million option for next season. If the Orioles landed him, he would instantly become their ace. For the Yankees, he could be a bedrock behind Max Fried and Carlos Rodon. If Peralta stays healthy, his value will never be higher than it is now.
The Rays were the opportunists of last summer, flipping Randy Arozarena to the Seattle Mariners with two-and-a-half years of team control remaining and trading Isaac Paredes to the Cubs despite trailing by just 1½ games for the third wild card on the last Sunday of July. Tampa Bay didn’t go into full sell mode; rather, it saw a stark trade market — “There are no good players available,” one executive said in the middle of last July — and capitalized.
It’s possible — maybe even likely — that the Brewers won’t choose this path. Owner Mark Attanasio is seen by his peers as competitive, someone who places a high value on making the playoffs. Some rival execs don’t believe Milwaukee would consider trading Peralta if the team is still within range of the Cubs, who are managed by former Milwaukee manager Craig Counsell.
But for some of the teams stuck amid the pack of contenders, it’s something worth considering:
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St. Louis Cardinals: They’re on a winning streak, and they’ve communicated to other teams that even if they aren’t a front-runner, they might keep their tradable players in what is the last season of John Mozeliak’s tenure as head of baseball operations.
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Minnesota Twins: They could dangle Byron Buxton, their dynamic and oft-injured center fielder, into the trade conversations. Buxton is healthy and playing well, and he’s under contract for the next three seasons at $15.1 million per year.
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Toronto Blue Jays: Now that they’ve signed Vladimir Guerrero Jr. to anchor their team for a long time, they could look at the best ways to shape a future around him, and weigh offers for players such as Chris Bassitt.
One exec working for a contender doesn’t believe the list of opportunists will be long.
“Usually, what they ask for is unrealistic,” he said. “They’ll ask for your four best prospects and you say no and they move on and keep the player.”
2. The general mediocrity of the American League could greatly reduce its number of dealers.
The Chicago White Sox are rebuilding and open for business, but the front office of any other team in the AL could convince itself that a playoff bid is possible — because it just seems like there are few, if any, great teams.
The Baltimore Orioles might be the best working example of this phenomenon. The start of the season has been disastrous for Baltimore, which has a rotation that has been pummeled regularly. But it’s hard to imagine the Orioles surrendering early, given their success of the past two seasons and their roster of young position players. So, they could be a club that is unwilling to part ways with talent at the deadline, even if they have a losing record.
3. The teams already viewed as potential subtractors might not have the talent contenders want.
Clubs such as the Colorado Rockies, Miami Marlins and White Sox don’t have much to offer in the eyes of rival evaluators. Other teams have monitored Marlins righty Sandy Alcantara and White Sox outfielder Luis Robert Jr., but both are struggling early in the season. Alcantara has an 8.42 ERA in seven starts since his return from elbow surgery, while Robert’s early slash line is .186/.293/.326, which doesn’t boost other teams’ interest — nor the leverage of the White Sox.
4. It appears the market for outfielders will be very thin.
Typically, the upcoming free agent class serves as a tool to define most of the players who could be traded before that year’s deadline — and quite simply, in the outfield, the pickings beyond Kyle Tucker are few.
The would-be opportunists could take advantage of a really soft outfield market and get value if they’re willing to dangle outfielders under team control beyond this season. For example, the Twins could set a solid price for Buxton and the Jays would probably draw a lot of interest for Daulton Varsho, an elite defender who won’t be eligible for free agency until after the 2026 season.
5. Very few good starting pitchers are expected to be available.
If the Cardinals decide to deal players, right-hander Erick Fedde, who has a 3.86 ERA this season, could draw some interest. Fellow right-handed starter Sonny Gray is a three-time All-Star, but his contract is very backloaded — he’s owed $35 million in 2026 — and the last time he was traded to a contender midseason (from the Athletics to New York Yankees in 2017), it did not go well.
6. A Nolan Arenado trade could still be possible.
Conditions are emerging to foster this possibility, if Arenado waives his no-trade clause and if the Cardinals are willing to deal him. Normally, it’s not easy to move a position player with money attached at midseason, but contenders could be interested in acquiring the eight-time All-Star third baseman. The Cubs haven’t found a solution at third base, and the Yankees will soon try DJ LeMahieu in their ongoing attempt to fill the position. The Los Angeles Dodgers waited last season for Max Muncy to turn around a slow start, and he eventually did; this year, they’re waiting again.
Arenado, who killed a possible trade to the Houston Astros last winter, is owed about $24 million for the rest of this year, $27 million in 2026 ($5 million paid by the Rockies) and $15 million in 2027.
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