Marcus Stroman entered the offseason as a logical trade candidate and became an even more likely player to change hands when the Yankees signed Max Fried to an eight-year contract. Recent reports have unsurprisingly indicated that New York is indeed shopping Stroman, but Jon Heyman of the New York Post adds further context, writing that the Yanks are willing to pay down a portion of Stroman’s $18MM salary to help facilitate a deal.
With Gerrit Cole, Fried, Carlos Rodon, Clarke Schmidt and 2024 AL Rookie of the Year Luis Gil in the rotation, Stroman is very arguably their sixth-best rotation arm right now. That’s not optimal for a player who’s not only guaranteed $18MM this coming season but who also carries a conditional player option for the 2026 campaign. If Stroman pitches 140 innings in 2025 — he’s averaged more than 150 frames per 162-game season dating back to 2019 — he’d pick up an $18MM player option for 2026 as well. That only creates extra urgency for the Yankees to move him, as the five names ahead of Stroman on the depth chart are all signed/controlled beyond the 2025 season.
The Yankees already traded one starter after signing Fried (Nestor Cortes), and they’re in the market for either a second baseman or third baseman. They’re reportedly not working with the limitless budget some might expect from the “Evil Empire,” so shedding Stroman’s salary — or a portion of the deal — would give GM Brian Cashman some additional funds in his pursuit of infield help.
The Braves, A’s and Angels are just a few of the teams still seeking rotation help this offseason. Stroman might be New York’s fifth- or sixth-best starter right now, but that’s not the case with many other potential suitors. Stroman is coming off a decent 4.31 ERA in 154 2/3 innings in his first (and possibly only) season with the Yankees. He was hit hard by lefties, in particular, which didn’t play well with Yankee Stadium’s short right field porch; Stroman logged a 5.31 ERA at home compared to a 3.09 mark on the road. A team with a more favorable pitchers’ stadium might view him as a good bet to provide average or better innings at a low cost of acquisition. And in a market where 37-year-old Alex Cobb and 41-year-old Charlie Morton are commanding $15MM salaries on one-year deals — Cobb on the back of a season wherein he made only three starts — Stroman’s salary isn’t exactly egregious.
The Yankees’ willingness to pay down some of Stroman’s salary also inherently signals a willingness to take on a contract of some note in return. That creates a myriad potential frameworks; New York has some interest in Luis Arraez, for instance. He has more trade value than Stroman, but the comparable salaries could make the financial component easy to work out if the Yankees are willing to add the right pieces. Conversely, the Reds would probably welcome the opportunity to shed the $15MM owed to Jeimer Candelario in each of the next two seasons. The Tigers can’t love the $10MM they still owe Kenta Maeda, and he has more experience working in the ’pen than Stroman. Those are entirely speculative scenarios, to be extra clear, but they’re they type of creative situations Cashman and his team can explore when trying to find a Stroman fit.
As things stand, Stroman feels like one of the likeliest players around the league to change hands between now and Opening Day. He’s a pricey veteran without a clear role on his current club but is still relatively productive and not egregiously overpriced when looking at the rest of the market. His current club also has other obvious needs and some degree of financial parameters within which is has to operate.
The Yankees are currently at a projected $303MM worth of luxury tax obligations, per RosterResource. Any subsequent additions to the payroll will come with a 110% tax. Shedding Stroman’s deal would drop them beneath the fourth (and highest) threshold, which sits at $301MM. The third penalty tier (from $281-301MM) comes with a slightly lesser 95% tax rate. In essence, every dollar they save on Stroman’s contract will amount to about $1.95 saved. That only creates more benefit to finding a fit on the trade market.
