The Dodgers landed free agency’s top reliever on a three-year, $69MM contract last week. It wasn’t the reported five-year, $100MM deal which Edwin Díaz had sought going into the offseason, but the $23MM average annual value allowed him to break his own record for tops among relief pitchers.
The incumbent Mets reportedly weren’t keen on going beyond three years either. However, Díaz evidently had at least one team that was willing to pay him for his ages 32-36 seasons. ESPN’s Jorge Castillo reported this week that the Braves made a five-year proposal. Salary details and the contract structure aren’t known. In any case, whatever the Braves offered wasn’t enough for Díaz to prefer it to the (presumably much higher) annual value that the Dodgers put on the table.
Details on a team’s unsuccessful free agent pursuit can sometimes provide a hint for where they’ll go next. This one is probably little more than a footnote, as the Braves moved quickly once Díaz came off the board. They signed Robert Suarez to a three-year, $45MM contract two days later. Atlanta spent another $20MM to bring back Ha-Seong Kim on a one-year deal this week. They’re now projected above the $244MM luxury tax threshold, with RosterResource estimating their CBT commitments around $256MM. The Braves paid the luxury tax in 2023 and ’24 but dipped below the line this year.
The Díaz offer at least confirms that the Braves aren’t opposed to giving up draft capital. The three-time All-Star had rejected a qualifying offer from the Mets. Atlanta would forfeit the 26th overall pick in next year’s draft to sign a qualified free agent. That’s the bonus selection they received from the Prospect Promotion Incentive thanks to Drake Baldwin winning Rookie of the Year. The Braves would also surrendered $500K from their international amateur bonus pool in 2027. They did not lose a pick for Suarez, who did not receive a QO from the Padres.
That may also be a moot point if the Suarez and Kim signings took up the remainder of the budget. If they’re willing to continue spending, there are still six qualified free agents. The Braves aren’t signing Kyle Tucker or Bo Bichette, but any of the four starting pitchers — Framber Valdez, Ranger Suárez, Zac Gallen or Michael King — would be a sensible fit on paper.
The Braves have made four big free agent signings and one notable trade but have yet to do anything to solidify a rotation that was wrecked by injuries. They can’t assume that their top five of Chris Sale, Spencer Strider, Spencer Schwellenbach, Hurston Waldrep and Reynaldo López are going to stay healthy. A depth group led by Bryce Elder and Didier Fuentes isn’t sufficient. Adding a mid-rotation arm should be the priority now that they’ve addressed the bullpen and shortstop.