Those who lost out on Cole must redesign their free-agency pursuits, and the Los Angeles Dodgers are among them. According to The Athletic's Ken Rosenthal, they will make Madison Bumgarner their focus.
Since debuting for the Giants in 2009, Bumgarner has won three World Series and was named the 2014 World Series MVP. He was named an All-Star in every season from 2013 to 2016.
Last season, Bumgarner went 9-9 with a career-high 3.90 ERA and 1.13 WHIP across an MLB-most 34 starts.
USA Today's Bob Nightengale reported Monday that teams pursuing Bumgarner were told that he's seeking five years and $100 million-plus. Prior to Cole's deal, MLB Network's Jon Heyman reported Tuesday that Bumgarner is expected "to hit or get very close" to his alleged $100 million demand.
That price tag could now increase with Cole off the board.
Henry Schulman, Giants beat writer for the San Francisco Chronicle, doesn't foresee the Giants letting the Dodgers get Bumgarner:
Schulman isn't the only one skeptical of the Dodgers' chances:
Bumgarner aside, the Dodgers could instead try to re-sign starting pitcher Hyun-Jin Ryu. According to Bill Plunkett of the Orange County Register, Dodgers President of Baseball Operations Andrew Friedman said at the winter meetings that the club has "definitely had conversations about" bringing back the 32-year-old lefty.
"He's put himself in this position to hit the free-agent market and get a feel for what's out there and what makes the most sense for him and his family. Looking back, he's been a big part of our success over the past couple years. I have a lot of respect for him. The confidence as an organization that we had every fifth day when he took the mound was real. Where that takes us at this point, I'm not sure. But we definitely have interest based on what he's meant to us looking back."
Ryu had a better 2019 than Bumgarner with an MLB-leading 2.32 ERA and 1.2 walks per nine innings. He earned his first All-Star nod, starting the game for the National League, and posted a 14-5 record across 29 starts.
However, Bumgarner has been much sturdier overall.
Bumgarner has exceeded 200 innings pitched in seven of his 11 seasons in the league, including 2019, while Ryu has never hit 200 innings in a season.
Bumgarner, Ryu or someone else, the Dodgers are clearly committed to upgrading their rotation. Cole was the top prize this offseason, but pairing Bumgarner with three-time Cy Young winner Clayton Kershaw wouldn't be the worst consolation prize.