The Marlins are getting calls on starter Jesús Luzardo, reports Jon Morosi of the MLB Network (X link). Ken Rosenthal and Will Sammon of the Athletic write that the Fish are willing to entertain trade talks on the talented southpaw.
On the one hand, a team in a full rebuild like Miami is going to be open to discussing essentially every veteran player. Luzardo is a tough trade candidate, though, as the Marlins are shopping him while his value is at a low point. His ’24 campaign was more or less decimated by injury. Luzardo went on the injured list in the middle of April with elbow inflammation. He returned in May but was shelved again five weeks later by back issues. That not only took him off the table as a deadline trade candidate, it ended his season. Luzardo was diagnosed with a stress reaction in his lower back and couldn’t return to the mound.
Neither injury required surgery and Luzardo was able to begin non-throwing baseball activities by the end of the regular season. There’s no indication he won’t be full go for Spring Training. Still, there’s little doubt that acquiring teams are going to account for the injury risk as they weigh what to offer Miami.
Luzardo has spent a lot of time on the IL over his career. He fractured his throwing hand in 2021 and lost a good portion of the ’22 season to a forearm strain. He also has a Tommy John surgery on his medical chart dating back to high school in 2016. He has only topped 100 1/3 innings in an MLB season once.
That lone healthy campaign offered tantalizing upside. Luzardo took a full 32 turns through the rotation in 2023. He fired 178 2/3 frames of 3.58 ERA ball while punching out 28.1% of opposing hitters. He averaged nearly 97 MPH on his fastball, missed bats with both his slider and changeup, and limited his walks to a solid 7.4% clip.
That version of Luzardo was a #2 or high-end #3 starter, the kind of pitcher a team would happily plug into their playoff rotation. Luzardo didn’t show that form last year even when he was able to take the mound. He allowed five earned runs per nine with a diminished 21.2% strikeout rate in 66 2/3 frames. He still posted plus whiff rates on his secondary pitches, but his average fastball velocity dipped to 95.2 MPH and opponents teed off on it.
There’s obvious appeal for contenders to attempt to buy low. Luzardo is under arbitration control for two seasons. MLBTR contributor Matt Swartz projects him for a $6MM salary. That’s a bargain in comparison to a free agent market where a rebound candidate like Frankie Montas signed for $17MM annually and mid-rotation arms Yusei Kikuchi and Luis Severino landed more than $20MM per season on three-year deals.
Miami doesn’t have as much urgency to make a sell-low trade. Luzardo won’t make the difference between them contending for a postseason spot or not, but a strong first half could rehabilitate his value. If he demonstrates his 2023 form for three months, Luzardo would arguably be the biggest trade chip of the ’25 deadline. In the best case scenario, Miami could realistically seek multiple Top 100 type prospects next summer. If he struggles or suffers another significant injury, of course, whatever trade value he currently has would basically evaporate.
It’s largely a matter of risk tolerance for president of baseball operations Peter Bendix and his staff. The Fish have very little on the books for next season, so they’re not under any financial pressure to move Luzardo. He’ll be the highest-paid member of their otherwise modest arbitration class. They’re still on the hook for $17MM (including an option buyout) to released outfielder Avisaíl García. The only other player on a guaranteed deal is ace Sandy Alcantara, who’ll make $17MM next year. The Marlins reportedly informed Alcantara in August that they had no intention of trading him this offseason.
