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SAN DIEGO, CALIFORNIA - MAY 06: Blake Snell #4 of the San Diego Padres looks on during a game against the Los Angeles Dodgers at PETCO Park on May 06, 2023 in San Diego, California. (Photo by Sean M. Haffey/Getty Images)
SAN DIEGO, CALIFORNIA - MAY 06: Blake Snell #4 of the San Diego Padres looks on during a game against the Los Angeles Dodgers at PETCO Park on May 06, 2023 in San Diego, California. (Photo by Sean M. Haffey/Getty Images)Sean M. Haffey/Getty Images

Yankees, Giants, Blue Jays, Rangers' Top Options After Cody Bellinger's Cubs Contract

Joseph ZuckerFeb 25, 2024

The best remaining position player in MLB free agency is finally off the board after ESPN's Jeff Passan reported the Chicago Cubs agreed to a three-year, $80 million deal with outfielder Cody Bellinger.

Some notable veterans continue to wait for a new contract. Reigning National League Cy Young winner Blake Snell headlines the group.

With spring training underway, the biggest offseason blockbusters have already happened. Teams with championship aspirations still have the opportunity to fine-tune their squad before Opening Day.

Here's one player that makes sense for four such contenders, the New York Yankees, San Francisco Giants, Toronto Blue Jays and Texas Rangers.

New York Yankees

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ARLINGTON, TX - OCTOBER 20:   Jordan Montgomery #52 of the Texas Rangers pitches during Game 5 of the ALCS between the Houston Astros and the Texas Rangers at Globe Life Field on Friday, October 20, 2023 in Arlington, Texas. (Photo by Daniel Shirey/MLB Photos via Getty Images)
ARLINGTON, TX - OCTOBER 20: Jordan Montgomery #52 of the Texas Rangers pitches during Game 5 of the ALCS between the Houston Astros and the Texas Rangers at Globe Life Field on Friday, October 20, 2023 in Arlington, Texas. (Photo by Daniel Shirey/MLB Photos via Getty Images)

Yankees chairman Hal Steinbrenner recently told reporters he's "still willing to consider anything that comes my way" in terms of additional moves, but it's tough to see a meaningful signing emerging at this point.

The Athletic's Brendan Kuty and Chris Kirschner reported on Feb. 19 "there had been virtually no movement" in negotiations with Snell and fellow southpaw Jordan Montgomery. The report also detailed how the cost of a lucrative short-term contract for either would be significant thanks to the Bronx Bombers being well above the luxury tax.

Snell is the more decorated player, but Montgomery might make more sense for New York since he'll likely command a little less money. He's a consistent performer, sporting a 3.68 career ERA and a 3.75 FIP, and his past experience playing in the Big Apple would be a nice bonus in this case.

San Francisco Giants

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LOS ANGELES, CA - MAY 12: San Diego Padres pitcher Blake Snell (4) looks on during the MLB game between the San Diego Padres and the Los Angeles Dodgers on May 12, 2023 at Dodger Stadium in Los Angeles, CA. (Photo by Brian Rothmuller/Icon Sportswire via Getty Images)
LOS ANGELES, CA - MAY 12: San Diego Padres pitcher Blake Snell (4) looks on during the MLB game between the San Diego Padres and the Los Angeles Dodgers on May 12, 2023 at Dodger Stadium in Los Angeles, CA. (Photo by Brian Rothmuller/Icon Sportswire via Getty Images)

San Francisco Giants president of baseball operations Farhan Zaidi threw a wet blanket on the team doing anything else after signing Jorge Soler.

The Giants should be motivated to pursue further reinforcements. The gulf between them and the Los Angeles Dodgers in the National League West has only gotten wider, and the perception they can't seal the deal with big free agents is a nagging concern.

Signing Snell would be a huge improvement for the starting rotation, one that has some question marks surrounding Alex Cobb and Robbie Ray as they work their way back from injuries.

Snagging a two-time Cy Young winner would have some symbolic value, too, with San Francisco striking out more often than not when trying to shop at the top end of the free-agent market.

Toronto Blue Jays

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TORONTO, ON - SEPTEMBER 26: Toronto Blue Jays Third base Matt Chapman (26) celebrates his homerun during the MLB baseball regular season game between the Tampa Bay Rays and the Toronto Blue Jays on September 29, 2023, at Rogers Centre in Toronto, ON, Canada. (Photo by Julian Avram/Icon Sportswire via Getty Images)
TORONTO, ON - SEPTEMBER 26: Toronto Blue Jays Third base Matt Chapman (26) celebrates his homerun during the MLB baseball regular season game between the Tampa Bay Rays and the Toronto Blue Jays on September 29, 2023, at Rogers Centre in Toronto, ON, Canada. (Photo by Julian Avram/Icon Sportswire via Getty Images)

Continuing the theme, Toronto Blue Jays general manager Ross Atkins told reporters on Feb. 15 that "additions that would be of significance would mean some level of subtraction."

The nature of Bellinger's contract with the Cubs nonetheless leads you to believe a reunion between the Blue Jays and Matt Chapman can't be off the table entirely. Does Toronto's broad stance on free agents change if he's is willing to take what amounts to a one-year contract?

Chapman (30) is two years older than Bellinger, so he could still be less inclined to sign that kind of deal despite this being such a late juncture of the offseason. The Blue Jays certainly seem to be showing they have little appetite for a long-term pact when it comes to the star third baseman.

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Texas Rangers

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ATLANTA, GA - SEPTEMBER 19: Philadelphia Phillies relief pitcher Michael Lorenzen #22 delivers a pitch during the MLB game between the Philadelphia Phillies and the Atlanta Braves on September 19, 2023 at TRUIST Park in Atlanta, GA. (Photo by Jeff Robinson/Icon Sportswire via Getty Images)
ATLANTA, GA - SEPTEMBER 19: Philadelphia Phillies relief pitcher Michael Lorenzen #22 delivers a pitch during the MLB game between the Philadelphia Phillies and the Atlanta Braves on September 19, 2023 at TRUIST Park in Atlanta, GA. (Photo by Jeff Robinson/Icon Sportswire via Getty Images)

With Jacob deGrom, Max Scherzer and Tyler Mahle all on the injured list, the likelihood of the Texas Rangers signing Snell or Montgomery looks slim. The combined absences of deGrom, Scherzer and Mahle does mean the defending World Series champions have some innings to fill.

Michael Lorenzen went 9-9 with a 4.18 ERA and a 4.46 FIP in 29 appearances with the Detroit Tigers and Philadelphia Phillies in 2023. He logged a career-high 153 innings, the first time he eclipsed 100 innings on the mound since his rookie year in 2015.

The right-hander could keep a spot warm in the rotation until one of the three aforementioned vets is healthy enough to return. His experience out of the bullpen would allow him to easily transition to a relief role when his services as a starter are no longer required.

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