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11/1/24

Reese Kaplan -- Craziness in the Proper Perspective


Every winter during the off season people throw the wildest ideas up into the air to see if an against the grain approach to improving the roster makes any sense at all.  We’re heard them year in and year out.  

Still, nothing of that magnitude ever seeming to take place.  Now if it’s a matter of signing a free agent it is usually just a matter of being the highest bidder.  When it comes to trades, however, it’s another ball game altogether.

With that preface, pretty much anyone with even a casual interest of the Mets have seen stories published that have suggested the Mets make a reunion with the one who got away — Jacob deGrom. 

Now, before you hurt a vocal chord shouting, “No!!!!!!!!!!!!!!!!!!!!!!!!!!” at the top of your lungs, hear me out.  There is a germ of good reason and circumstantial timing that make this twisted transaction something to consider.

The Rangers have not been shy about spending money over the last several years but word has come out that they are officially entering a rebuilding phase and slashing payroll is going to be a big part of it.  

Right now the club has to be thinking that the five year $185 million dollar deal they signed with deGrom in December of 2022 may not have turned out as they’d planned.  On paper it made sense.  deGrom was a converted infielder who came up to become a primary New York Mets pitching weapon for several years.


After winning Rookie of the Year as a late blooming 26 year old rookie in 2014, he followed that up the following year with his first All Star berth and finished in the top 10 in Cy Young Award voting.  He then flourished, winning two Cy Youngs back to back in 2018 and 2019.  He went to the All Star game several times and by the time he’d completed his 9th season with the Mets his only problem had been health.  

He missed a lot of time and had some long term injuries.  His one “bad” year in 2022 had him cross the 3.00 ERA threshold for the only time in his career posting 3.08 for the 11 games he managed to start.

When he hit his free agency when that season ended no one knew exactly how much he was going to get from the Mets.  Then a funny thing happened and those folks in the DFW area waved an average annual pay of $37 million for the next five years and deGrom was flying south to relocate his family and his career. 

Now what did the Rangers get for that investment?  Well, frankly, not much at all.  In two seasons during which he went through another Tommy John surgery deGrom started just 9 games going 2-0 with an aggregate ERA around 2.00, but that’s not what they expected for the $74 million spent.  

He has three more years due on his deal worth $111 million.  Slashing payroll by getting out from under that contract would seem to make a great deal of sense.

The problem is that as good as his Hall of Fame worthy pitching is, the lingering questions about his health have gone from high to critical.  As a result no one is going to want to spend that kind of cash for a guy to make perhaps 15 starts per year. 

Now comes the perspective that many have not considered.  Maybe the best way to approach a prospective deGrom reunion to allow him to finish his career where he started it is for the trade proposal to send a lot of financial baggage over to the Rangers.

Take Jeff McNeil, for example.  He has $33.5 million still due in contract obligations for 2025, 2026 and a $2 million buyout for 2027.  If he was included in a deal to the Rangers their financial picture improves from a $111 hit with deGrom to a $33.5 million hit with McNeil.  That alone would give them a savings of $77.5 million.  The problem here is that McNeil had a bad year in 2023 and an awful one in 2024.  His value is not a health problem as much as it is one of productivity.

However, if he is the start of a deal which would have to be padded with a decent level prospect or wildcard (like Brett Baty) then the Mets’ salary obligation to deGrom would drop from $37 million per year to $25.83 million per year.  Now all of the sudden the prospect of bring deGrom back makes the accountants quite a bit happier.

You could sit here all day looking at combinations and permutations of contract dollars to foist off to Texas in order to roll the dice on deGrom pitching more than half his starts each year.  The fact is that when he’s on his game he is unbelievable.  

For a frame of reference if I told you he had a career ERA of 2.89 you’d say, wow, that’s Hall of Fame stuff.  He doesn’t.  That was Tom Seaver and he is in Cooperstown.  

deGrom’s career ERA is just 2.52!

So what do you all think?  Totally crazy or a shrewd gamble once he becomes more affordable?

12 comments:

  1. Here are the key dates to keep an eye on during the 2024 MLB offseason...

    Who will the Mets offer a Qualifying Offer ($21.05 million) Alonso & Manaea?

    Is it 5 days after the end of the WS that all the minor league FAs are announced?
    Who will the Mets more or less have add to the 40-man roster to protect from the Rule 5 Draft?

    5 DAYS AFTER WORLD SERIES ENDS: FREE AGENCY BEGINS
    Teams have an exclusive five-day negotiating window with their internal free agents. Once that day passes, free agents are free to sign with any club.

    NOV. 5-7: GM MEETINGS
    The annual meeting of general managers will be in San Antonio, TX.
    It is at these meetings that teams have conversations with one another, often in order to begin laying the groundwork for potential trades later in the offseason.

    NOV. 19: DEADLINE FOR PLAYERS TO ACCEPT OR REJECT QUALIFYING OFFER
    ($21.05 million). Teams have until the fifth day after the World Series ends to extend a qualifying offer to eligible players. Any player who receives the QO has a short amount of time to decide whether to accept it or reject it. If a player accepts, he returns to his current team for the 2025 season. If a player rejects and signs elsewhere, his former team receives draft pick compensation.

    NOV. 22: NON-TENDER DEADLINE
    Players on the 40-man roster who have fewer than six years of major league service time must be tendered a contract each offseason by the non-tender deadline. This includes players who are due raises via arbitration. If a club non-tenders a player, he immediately becomes a free agent.

    DEC. 9-12: MLB WINTER MEETINGS
    The Winter Meetings will take place in Dallas, TX.
    After the GM Meetings in November get the framework started for offseason moves, a whole bunch of them usually go down at the Winter Meetings -- including huge free agent signings and blockbuster trades.

    DEC. 11: RULE 5 DRAFT
    The Rule 5 Draft takes place at the Winter Meetings, with certain minor leaguers who are not on the 40-man roster available. If a team selects a player, they must keep that player on their 26-man roster (or the IL) for the entire season or be forced to offer him back to the team he was selected from.

    FEBRUARY: ARBITRATION FIGURES EXCHANGED
    Once a player is offered arbitration, the team and that player's agent have a decent amount of time to come to terms on a new contract. If that doesn't happen, both sides submit salary proposals and the player's salary is determined by independent arbitrators during hearings.

    MID-FEBRUARY: SPRING TRAINING BEGINS
    Mets pitchers and catchers report in mid-February. Their first spring training game is Feb. 22 against the Astros.

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  2. Reese...you're right...a deal for deGrom is intriguing and actually doable.

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  3. Also, which Mets on the 40-man roster have options left in 2025?

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  4. I think that Jeff may still have some value. .279/.341/.481 in 62 games away from Citifield is not so bad. Is it playing in NY the problem? deGrom when healthy has been fantastic. But when was the last season he was?
    If you want to dump Jeff, there has to be a much better alternative.

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    Replies
    1. Jeff's slash line in the regular season after the All Star game was the same as Bryce Harper's season slash line. Says to me he is not done.

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  5. Right now, the Mets outfield needs McNeil

    As for Jake, I never go back

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  6. I will throw this out again, are we ready to start looking at who we add to the 40 man roster to protect those prospects from the rule 5 draft in December? We signed Dylan Covey yesterday on a major league contract. Is he a good reclamation project?

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  7. early opinions are that Covey signing was mediocre and he should have gotten a minor league contract.
    Our 40-man is at 32 with Manaea & Maton still on due to options. If we replaced the FAs we are losing, we'd be way over w/o adding any minor league prospects. Stewart is an obvious non-tender,, and maybe Ramirez should come off, but others will have to also if we need to add prospects.

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  8. Wondering how many players the Mets have that can play RF, LF, 2B, 3B and in an emergency, can play CF, 1B. Only one, Jeff McNeil. Don't sell him short as he is very valuable to the Mets. How about sending Marte instead and McNeil takes over RF?.

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  9. If Jake wasn't breakable, and Texas ate a big chunk, I'd consider it. But he clearly is breakable.

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  10. This is a door that I wouldn't completely close. I don't have any final thoughts on either bringing Jake back or what (if) McNeil means to the club in 2025. I'll so some research and thinking about this and touch it in the Tuesday column.

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