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FORMULA 1
Reassessing MLB's Top 10 Free Agent Signings
With the 2024 MLB season now just around 20% completed, we’ll take a quick look back at the Top 10 Free Agent Contracts signed this past winter, highlighting each player’s respective production out of the game, and making note of any contract specifics going forward.
RELATED: 2024 MLB FREE AGENCY
Shohei Ohtani (DH, Dodgers)
10 years, $700M
He leads the league in hits, runs, doubles, homers, batting average, slugging, OPS, OPS+ & total bases - need we say more? Only teammate Mookie Betts has better odds to win NL MVP as of now, but Ohtani is closing in quickly. Contractually there are no opt-outs, a full no trade clause, and a well-known boatload of cash deferrals.
Yoshinobu Yamamoto (SP, Dodgers)
12 years, $325M
After a rocky debut, Yamamoto has sparkled in 7 straight starts, posting a 2.79 ERA, while striking out 47 batters, walking only 8 in 42 innings pitched. Furthermore, his innings per start have begun to creep up, a sign that the 25-year-old may be rounding into form as the Dodgers look to extend their NL West lead through the middle months of the season. Contractually, the Dodgers have him guaranteed through 2029 ($155M total), after which the first of two player opt-outs become available.
Aaron Nola (SP, Phillies)
7 years, $172M
The strikeouts are a little down and the walks are a little up, but for the most part, Nola is performing right at his career average in Year 10. The contract carries 6 more seasons with no opt-outs and a full no trade clause. His Phillies have a 3 game lead on the Braves atop the NL East currently.
Jung-hoo Lee (OF, Giants)
6 years, $113M
On its surface, it may appear as though Lee’s MLB career has gotten off to a slow start, and production-wise that is true. But the plate disciple, batted ball rates, and rest of season projections all point to Lee not only succeeding as a MLB player, but eventually thriving. The contract is locked through 2027 ($72M), with a player opt-out available thereafter.
Josh Hader (RP, Astros)
5 years, $95M
To say the Astros start (12-23) has been a surprise would be the understatement of the century. Sure, the team behind Hader is faltering, but Hader’s numbers themselves are cause for concern as well. A 42% hard hit percentage is Hader’s highest since 2019, and a .418 slugging percentage against is a career high. He gave up 3 HRs all of 2023, but has already handed out 2 in 14 2024 innings. Contractually, there are no opt-outs, and full no trade clause, and $90M guaranteed remaining.
Eduardo Rodriguez (SP, Diamondbacks)
5 years, $77M
A lat strain has kept E-Rod on the shelf to start his D-Backs career, and a setback has his timetable to return in question. He’s locked in through 2027, with a vesting option in available in 2028 based on innings.
Cody Bellinger (CF, Cubs)
3 years, $80M
A rib injury derailed his season-start, but the numbers since returning seem to be resembling 2023 quite a bit. Good news for the Cubs, who handed Bellinger a $15M+ raise this season, with back to back player options ($27.5M, $25M) to follow.
Sonny Gray (SP, Cardinals)
3 years, $75M
The Cardinals don’t have many things to hang their hat on this season, but Gray is one of them. The 34-year-old carries a sparkling 0.89 ERA, 0.85 WHIP, 11.3 Ks/9, and a whopping 466 ERA+ across 5 starts. The contract holds 2 years, $65M guaranteed with a 3rd year option available through 2027. There’s a great chance he’s a serious trade deadline name in a few months.
Blake Snell (SP, Giants)
2 years, $62M
The late free agent signing (March 18th) kept Snell off the active roster early on, and a hip injury has him off the active roster now indefinitely. In between, the 2023 Cy Young winner posted 3 horrific starts (11.57 ERA, 4 BB/9, 18 hits in 11.2 innings). The contract breaks down as a 1 year, $32M deal, with a $30M player option available in 2025.
Matt Chapman (3B, Giants)
3 years, $54M
After a torrid start to 2023 in Toronto, Chapman crashed back down to earth to finish off the season (though he still posted a 5-year-best 4.4 WAR). His 2024 production thus far puts him on pace to finish well below his 162-game averages. Contractually, Chapman can make this a 1 year, $20M contract, a 2 year, $38M contract, or the full 3 year, $54M contract.
RELATED: 2024 MLB FREE AGENCY
CATEGORIES
- NBA 102
- NFL 74
- GOLF 47
- MLB 24
- NWSL 16
AUTHORS
- Michael Ginnitti NFL, MLB
- Keith Smith NBA
- Scott Allen Contributor
- Taylor Vincent NWSL
2024 NBA Offseason Financials: Miami Heat
Breaking down the upcoming offseason for each 2024-25 NBA team, including cap space figures, free agents, extension candidates, draft pick scenarios, & thoughts on potential trades, exceptions & plenty more.
Riley Wins Charles Schwab Challenge
Davis Riley win the Charles Schwab Challenge and $1.638 million
2024 NBA Free Agents: Shooting Guards
Breaking down and ranking the 2024 NBA free agent shooting guards.
10 NFL OTA Holdouts
A look at 10 NFL players who are skipping out on organized team activities as they seek a new contract, including projected outcomes for each.
Racing Louisville GM Ryan Dell, “[We’re] on the cusp of something special”
Talking to GM Ryan Dell about Racing Louisville's big re-signing and their approach to the roster, free agency, international signings, and the collegiate draft/youth development.
TRENDING PLAYERS
- 1 Jorge Lopez (RP, NYM)
- 2 Gordon Hayward (SF, OKC)
- 3 Francisco Lindor (SS, NYM)
- 4 Tyreek Hill (WR, MIA)
- 5 Joey Gallo (1B, WSH)
TRENDING PAGES
- 1 NBA Free Agents
- 2 NFL Transactions
- 3 NFL Free Agents
- 4 MLB Cap Tracker
- 5 MLB Free Agents