Yankees Open To Offers On Impending Free Agents

The Yankees dropped tonight’s 5-1 contest to the Rays. They’re at 55-51 heading into the deadline, last place in the AL East despite being four games above .500. New York is only 3.5 out of a Wild Card spot and recently welcomed Aaron Judge back, but they’ve gone 21-27 since the start of June.

With around 18 hours before the deadline, general manager Brian Cashman and his front office find themselves with a difficult balancing act. Whether to add for a playoff push, entertain offers on veterans, or attempt to walk the line by doing both is in question. Joel Sherman of the New York Post reported before tonight’s loss that the Yankees were telling other clubs they’re willing to entertain trade offers on their impending free agents.

Nevertheless, it doesn’t seem the Yankees are strictly bucketing themselves as “sellers.” Buster Olney of ESPN tweeted this afternoon New York was still searching the market for outfield help. Meanwhile, Derrick Goold of the St, Louis Post Dispatch reports the Yanks are among the teams that have reached out to the Cardinals on starter Jack Flaherty — though it isn’t clear how recent that interest is.

It seems Cashman and his front office could entertain multiple moves that blur the line between buying and selling. Their impending free agents are having relatively disappointing seasons, though they could find varying levels of interest in each (not including Frankie Montas and Josh Donaldson, whose injuries and high salaries make them essentially impossible to move).

Harrison Bader has continued to battle injury issues, missing time with oblique and hamstring problems. He’s gotten into 57 games, connecting on seven homers but with a modest .283 on-base percentage. While it’s his second straight below-average offensive showing, Bader is an elite center fielder and has stolen 10 bags in 12 attempts. He’s playing on a $4.7MM salary and should have a decent amount of appeal on a trade market light on position player talent.

Left-hander Wandy Peralta would be a fairly straightforward target for clubs seeking relief depth. He’s holding same-handed hitters to a putrid .091/.242/.091 batting line in 67 plate appearances. Peralta has a 2.29 ERA in 37 1/3 innings overall. His strikeout and walk numbers are both subpar but he’s picking up grounders at an elite 64.1% clip while averaging 96 MPH on his sinker. He’s making $3.35MM in his final arbitration season.

There’d be less appeal with either Luis Severino or Isiah Kiner-Falefa. The former is playing on a lofty $15MM salary and having a nightmarish season. He’s been tagged for a 7.49 ERA across 12 starts. His formerly plus strikeout rates have fallen to a meager 18% clip. Severino’s velocity remains intact, but he’s not missing bats on either his changeup or slider at typical levels and is giving up tons of hard contact.

Kiner-Falefa, playing on a $6MM arbitration salary, has moved into a multi-positional role after serving as the primary shortstop in 2022. He’s spending the bulk of his time in the outfield, where he has slightly below-average reviews from public defensive marks. Kiner-Falefa is hitting .257/.322/.374 in 240 trips to the plate, making plenty of contact without much power.

Flaherty, of course, is an impending free agent himself. If New York’s interest in the Cards’ righty was somewhat recent, it’d obviously be with this season in mind. It’s hard to imagine the Yankees completely throwing in the towel in 2023. Each of their impending free agents is having a middling (or downright poor) enough season that they could move someone in the group while still looking for immediate help in other areas.

There could also be financial considerations at play. Roster Resource projects the Yankees’ competitive balance tax number just above $294MM. That’s a bit north of the $293MM that marks the highest tier of luxury penalization. Offseason reports indicated Yankees’ ownership was reluctant to go above that mark, although there are no non-monetary penalties for doing so. Offloading the money still owed to the likes of Bader or Peralta could allow them to dip below that number.

Players like Gleyber Torres and Clay Holmes are into arbitration and would surely attract interest from other clubs, though there’s nothing to suggest the Yankees on taking offers on players who can be controlled beyond this season. Both Torres and Holmes are eligible for arbitration once more.