The Blue Jays are interested free agent outfielder Anthony Santander, reports Bob Nightengale of USA Today. Nightengale also mentions that the club is pursuing top pitchers like Corbin Burnes and Max Fried. The club has previously been connected to top free agent starters such as Fried and Blake Snell in recent weeks, so Burnes being on the list as well is aligned with those interests.
The connection with Santander is a sensible one. MLBTR’s Anthony Franco predicted the Jays to sign Santander when our Top 50 Free Agents list came out earlier this month. The Jays are a sensible fit for an outfielder and a potent bat, two boxes that would be checked by Santander.
Right now, the Jays have George Springer and Daulton Varsho as the two established big leaguers in their outfield. Varsho underwent shoulder surgery in September and it’s possible that he’ll miss the opening of the 2025 season. Springer is now 35 years old and has seen his wRC+ decline for five straight years now. He had a 155 wRC+ in 2019 but that number has gone to 143, 140, 133, 104 and 95 in recent years.
In addition to those two, the Jays have plenty of other theoretical options to take playing time on the turf. Nathan Lukes, Joey Loperfido, Jonatan Clase, Davis Schneider, Addison Barger and Steward Berroa are all outfield options on the 40-man roster, but there’s not much certainty there. Schneider is the only one with more than 81 big league games on his track record and he’s coming off a frustrating season. In short, there’s plenty of room for the Jays to make an external addition.
More broadly, some home run pop would be welcome in the lineup. The Jays were middle of the pack in terms of wRC+ and on-base percentage in 2024 but were 26th in the majors in terms of home runs, ahead of just the Marlins, Rays, Nationals and White Sox. Only six guys on the club got to double digits with Vladimir Guerrero Jr. the only Blue Jay to get to 20 dingers on the year.
Santander can certainly provide that power, having just hit 44 home runs this past year. With 105 homers over the past three seasons, he’s sixth in the majors for that time frame behind star sluggers Aaron Judge, Shohei Ohtani, Kyle Schwarber, Pete Alonso and Matt Olson. The Jays have a bunch of key contributors who hit from the right side, such as Guerrero, Springer, Bo Bichette and Alejandro Kirk, so Santander’s switch-hitting ability likely adds to the appeal. He’s not a great defender but he’s slashed .244/.317/.478 over the past three years for a 124 wRC+ and the Jays don’t have a full-time designated hitter, which could allow them to limit the downside of his glovework.
It seems fair to conclude that Santander would be a fallback plan in the event the Jays don’t succeed in landing Juan Soto. The Jays are one of the clubs still plausibly in the mix for Soto, with offers expected to come in this week.
Soto ticks a lot of the same boxes as Santander, as he’s a lefty-swinging outfielder with power, but he’s the more attractive free agent for a few reasons. Soto is far younger, as he is now 26 while Santander is 30. Soto’s elite eye at the plate is also in a different stratosphere compared to Santander. Soto’s 18.8% walk rate in his career is roughly double a normal league average and higher than his 17% strikeout rate. Santander, meanwhile, takes a free pass at a subpar 7.3% clip.
Based on those differences, Soto is going to be Plan A for a lot of clubs, who will then view Santander as a potential safety alongside other free agent outfielders like Teoscar Hernández, Tyler O’Neill, Jurickson Profar and others. While MLBTR predicted Soto for a $600MM guarantee, Santander was projected for a deal of $80MM over four years, obviously far more affordable.
Santander has been connected to the Yankees this winter as one of many players the Yanks could turn to if they don’t get Soto and the Jays likely view their situation similarly. Soto is widely expected to secure a record-breaking contract of some kind, so teams will naturally want to assess their payroll ledgers and consider the domino effects of such a contract before pivoting to other moves.
On the pitching side, the Jays have been connected to a few starting pitchers already, as mentioned. The Jays have a veteran front three in their rotation, with Kevin Gausman, José Berríos and Chris Bassitt all under contract for 2025. Bowden Francis seems to have earned a rotation gig with his strong second half in 2024. Candidates for the fifth spot include Yariel Rodríguez and Jake Bloss, but Rodríguez also has plenty of relief experience and could be in the bullpen. Bloss still has options and limited experience, not having thrown much in the majors nor the minors.
Adding a pitcher like Fried or Snell or Burnes would obviously strengthen the group. Burnes has been one of the best pitchers in baseball over the past five years, though he hasn’t been quite as dominant over the past two. From 2020 to 2022, he had a 2.62 earned run average, 33.4% strikeout rate, 6.4% walk rate and 47.6% ground ball rate. In the two most recent seasons, it’s been a 3.15 ERA, with his strikeout rate falling to 24.3%.
That’s a bit of a concern but Burnes is still arguably the top pitcher available in free agency this offseason. MLBTR predicted Burnes for $200MM over seven years, with Snell at $160MM over five and Fried at $156MM over six.
There are many ways it could play out but it seems the Jays are setting their sights high after missing out on Ohtani last winter and then having a disappointing season in 2024. It’s also been suggested that the Jays could be quite aggressive this offseason since there are a few potential pivot points coming up. Guerrero, Bichette and Bassitt are all slated for free agency for 2025, while team president Mark Shapiro and manager John Schneider are each going into the final years of their respective deals as well. General manager Ross Atkins is under contract through 2026 though it’s been suggested that he may be under pressure to deliver in the upcoming season in order to stick around.
The Jays had an Opening Day payroll of $225MM last year, per Cot’s Baseball Contracts, with RosterResource currently projecting them for $189MM in 2025. Shapiro had previously said he didn’t expect the club’s payroll to significantly increase or decrease relative to 2024, so the Jays could have something in the vicinity of $35MM to spend this offseason on a notable free agent.
Some reporting, including from Ben Nicholson-Smith of Sportsnet, has pointed to ownership perhaps having a Soto and non-Soto budget. The club was apparently willing to go to greater financial extremes to sign Ohtani last winter but didn’t end up redistributing that money to other players after he signed with the Dodgers. Similarly, the payroll ceiling could be moved up to accommodate a Soto deal but not otherwise.
Regardless of how much money they end up spending this winter, draft pick forfeiture will be another cost the club will have to consider. Each of Soto, Burnes, Fried and Santander rejected a qualifying offer, as did other potential targets like Hernández or Willy Adames. Snell wasn’t eligible to receive a QO this offseason because he already rejected one a year ago.
The Jays are believed to have just snuck under the competitive balance tax in 2024 by trading away some veterans at the deadline, which impacts their penalties for signing a player who rejected a qualifying offer. A tax-paying club has to forfeit $1MM of international bonus pool space as well as its second- and fifth-highest pick in the next draft. If the Jays did indeed go under the CBT line in 2024, those penalties will instead be $500K of pool space and just the second-best draft pick. In recent years, the Jays have been willing to sign players who rejected qualifying offers, doing so with both Springer and Bassitt.
