Rays infielder Yandy Díaz has been on the restricted list for almost a week while attending to an undisclosed personal matter, but the Rays announced that they reinstated him today. They already had three vacancies on their 40-man roster, so this move brings their count to 38. Marc Topkin of the Tampa Bay Times relayed on X earlier that the club was hopeful of Díaz returning tonight. Ken Rosenthal of The Athletic reported last night that the Rangers are interested in adding him to their lineup. Mark Feinsand of MLB.com says on X that the Astros, Mariners and Pirates are possible suitors, though it’s unclear if any of those clubs have engaged with the Rays.
Díaz, now 32, has been a fixture of the Rays for many years. He came to Tampa from Cleveland heading into 2019 as part of the three-team trade and quickly worked his way into being a regular for the Rays. From the start of 2019 to the present, he has drawn walks in 11.6% of his plate appearances while only striking out 14.5% of the time. His .288/.375/.439 batting line translates to a 133 wRC+, indicating he’s been 33% better than league average overall.
That offense is his best attribute. He’s not a burner on the basepaths and his third base defense was poorly regarded, though he’s been closer to average at first base and has been more or less permanently moved to that side of the diamond. But the 133 wRC+ that Díaz has put up from 2019 to the present is one of the top 15 marks in baseball among qualified hitters, highlighting that such consistently above-average production is hard to find.
Here in 2024, his season-long stats look mildly disappointing, a .273/.329/.396 line and 111 wRC+, but that’s mostly due to a brutal start that he has put behind him. He hit .211/.279/.276 through May 1 but his line of .302/.354/.453 since that time leads to a 134 wRC+, right in line with his overall track record.
The Rays don’t strictly have to move him but their behavior suggests he’s available. Going into 2023, he and the Rays signed an extension that runs through 2025 with a club option for 2026. He’ll make $10MM next year with the option valued at $12MM.
Tampa could certainly keep him but they have shown, both recently and in the past, that they are generally unafraid to move players nearing free agency. Although they are 52-51 this year and just four games out of a playoff spot, they have already traded Aaron Civale, Phil Maton and Randy Arozarena in recent weeks.
Some recent reporting suggested the Rays were more likely to trade arbitrations players than those signed to long-term deals, but that contradicts their past behavior. Players like Evan Longoria, Blake Snell, Tyler Glasnow and Manuel Margot have all signed extensions and then been traded before those contracts ended, so there’s no real reason to believe the Rays won’t be open to trade offers on Díaz.
Doing so wouldn’t even be a signal that the club is giving up on 2024, as players like Isaac Paredes and Curtis Mead could fill in at first base. Jonathan Aranda is currently hurt but could be in the mix later. Infielders like Junior Caminero, Austin Shenton and Osleivis Basabe could be called up to fill in elsewhere around the infield. In the long term, Xavier Isaac is a first baseman and considered one of the top 50 prospects in the league, though he’s yet to reach Double-A.
For the Rangers, Rosenthal relays that they are looking for “either a left-handed hitting outfielder/DH or a platoon-neutral right-handed hitter.” Díaz is better against lefties but isn’t a liability without the platoon advantage. He has a 148 wRC+ against southpaws in his career and a 121 wRC+ against righties. It’s a far wider split of 151 and 99 this year, though in a much smaller sample size.
Texas hitters have a collective line of .237/.309/.378 against right-handed pitching, with that line leading to a 93 wRC+, putting them ahead of just seven clubs in that split. They have Nathaniel Lowe at first base but don’t really have a regular designated hitter and should be able to fit both him and Díaz into the same lineup.
The Rays and Mariners already lined up on one deal, sending the aforementioned Arozarena to Seattle as the M’s look for more offense. Díaz could further augment their lineup, especially with the struggling Ty France have been recently designated for assignment and leaving an opening at first base. They have plugged Tyler Locklear into that spot but he has only 40 major league plate appearances thus far.
The Astros also cut ties with a struggling first baseman, releasing José Abreu earlier this year. They have mostly used Jon Singleton to fill that hole but he’s hitting just .231/.319/.343 this year for a 93 wRC+.
The Pirates have a bit less of a dire need as they held onto their struggling first baseman and were rewarded with a bounceback. Rowdy Tellez was hitting .177/.239/.223 through the end of May but has a line of .328/.364/.588 since the calendar flipped to June. His season-long line is still subpar thanks to that early slump but the Pirates probably feel less inclined to replaced Tellez on the heels of his hot streak this summer. They have Andrew McCutchen in the designated hitter spot most days, which makes the lineup fit a bit less clean unless they plan on moving on from Tellez, who is a free agent at season’s end.
Both the Astros and Rangers are set to pay the competitive balance tax at season’s end, so they may have to consider the taxes involved in taking on the Díaz contract. The Astros are set to be a first-time payor and have a base rate of 20% but RosterResource has their CBT number at $256MM. Crossing over the $257MM second tier would increase their tax rate to 32% for spending beyond that line. Recent reporting suggested they are trying to move Rafael Montero’s contract to lessen their tax burden but doing so will be difficult given his poor results of late. RosterResource has the Rangers at $249MM but they are set to be a second-time payor and have a base tax rate of 30%.