Yankees reportedly among the 'most active teams' in pitching market

While hitting upgrades have dominated the Yankees’ offseason narrative to date, the team is certainly also keeping an eye on the pitching market, including some top-shelf names. MLB Network’s Jon Morosi (via X) writes that the “Yankees are among the most active teams” exploring pitchers thus far, with such names as Aaron Nola and Yoshinobu Yamamoto on their list of targets.

The Yankees’ interest in Yamamoto is well known, and while Nola is a new face linked to the Bronx Bombers, it makes perfect sense why Nola would be of interest. No opponent would relish facing Gerrit Cole and Nola in a short playoff series, and Nola’s durability would be a significant boost to a New York rotation that has some question marks heading into 2024. Carlos Rodon and Nestor Cortes were plagued by injuries last season, Clarke Schmidt has only one full season as a big league starter under his belt, and Michael King (who is being tapped to remain in the rotation) has even less experience as a starter.

If everyone is healthy and if King and Schmidt can pitch as well as they did in 2023, this could be one of baseball’s best rotations on paper. However, signing Nola, Yamamoto, or another stabilizing force to the front end of the staff would both clear up some of the uncertainty, and perhaps allow the Bombers some more flexibility with their other offseason moves. For instance, younger pitchers like Yoendrys Gomez or Randy Vasquez might become trade chips, or perhaps even Schmidt might be shopped to land a bat. While King will be given every opportunity to stick as a starter, the Yankees would be more open to reinstalling him as a bullpen weapon if they were more comfortable with the rest of their rotation.

Of course, it should be noted that signing Rodon last winter was supposed to deepen the rotation, but Rodon was ineffective in the first year of his six-year, $162M contract. Rodon’s struggles won’t preclude New York from again spending big on a starter, though it might change the general focus of their search. For instance, Nola has averaged just under 199 innings pitched in each of the last five full MLB seasons, so he has a much longer track record of good health and consistent success.

The Yankees’ pitching endeavors also reach to the bullpen, as Gary Phillips of the New York Daily News reports that the club has interest in re-signing Wandy Peralta, though the left-hander hasn’t yet been presented with a formal offer. Peralta has a 2.82 ERA over 153 innings with the Yankees since being acquired in the Mike Tauchmantrade with the Giants in April 2021, and he is among baseball’s best at keeping the ball on the ground with a 56.3% grounder rate over the last three seasons. While a .256 BABIP has helped Peralta’s cause, he is also very good at limiting hard contact, making it easier for his fielders to handle any balls in play.

This grounder-heavy arsenal and a relative lack of strikeouts make Peralta prone to outperforming his peripherals, though he took this to extremes in 2023. Peralta’s 2.83 ERA and .293 xOBA were well below his 4.44 SIERA and .332 xwOBA, and his walk rate (which has usually been below average anyway) spiked to a dismal 13.2%. It could just be a one-year blip that it probably won’t be enough to prevent Peralta from landing a multi-year free-agent deal, yet it does serve as a potential red flag for suitors. Since the Yankees know Peralta better than any other club, their continued interest is perhaps a sign that they don’t see the control issue as a long-term problem, or it could be the Yankees are just monitoring Peralta to see if he can be retained at a relative bargain price.

In some Yankees news off the field, Andrew Bailey interviewed with the team on Monday about the bench coach job, according to the New York Post’s Joel Sherman. Bailey is no stranger to the Bronx, as his eight seasons as a big league pitcher included a stint with the Yankees in 2015. Formerly the Giants’ pitching coach for the last four seasons, Bailey is now out of contract and is known to be getting consideration from not just the Yankees as a bench coach, but also from the Orioles and Red Sox as a pitching coach candidate.  Sherman adds that the Marlins also have interest in Bailey as a pitching coach and that Bailey “turned down an opportunity to be considered by the White Sox” for an unspecified role.