Yankees Brace For Major Free Agency Exodus Of Veteran Core
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Home News Alex Verdugo

Nearly a dozen Yankees stars hit free agency, many may not return

Sara Molnick by Sara Molnick
October 31, 2024 at 10:34 am EDT
in Alex Verdugo, Anthony Rizzo, Gerrit Cole, Gleyber Torres, Juan Soto, Luke Weaver, News
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Juan Soto enters his last guaranteed series as a Yankee on Friday against the Dodgers in the World Series.

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The New York Yankees face an ignominious World Series exit after they allowed their lead to slip away and the Dodgers to rally and win Game 5. The team’s hopes of capturing their first title since 2009 were dashed with it.

With fans seeking responsibility and team reconstruction, the Yankees also prepare for a transformative offseason with significant roster questions looming. Several core players could depart in free agency, reshaping the team’s future.

NEW YORK - SEPTEMBER 5: Pitcher Gerrit Cole #45 of the New York Yankees walks off the mound after the sixth inning of a game against the Detroit Tigers at Yankee Stadium on September 5, 2023 in New York City. The Yankees defeated the Tigers 5-1.
AP

Leading the list is 26-year-old outfielder Juan Soto, who may pursue a historic contract projected by Spotrac at $514.6 million over 14 years. Ace Gerrit Cole, 34, holds a valuable opt-out clause on his remaining four years and $144 million, and he could explore market interest for a new five-year deal estimated at $178.9 million.

Yankees left fielder Alex Verdugo showed some emotion after his sliding basket catch ended an Astros' ninth-inning rally in Sunday's 4-3 win that completed a four-game, season-opening sweep at Minute Maid Park in Houston.
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Yankees' Gleyber Torres reacts after hitting a two-run home run against the Royals, on Oct. 5, 2024
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Other key players on the market include outfielder Alex Verdugo and reliever Clay Holmes, both expected to command multi-year deals in the $50-60 million range. Second baseman Gleyber Torres, 27, could see a more modest three-year offer around $21 million.

Yankees closer Luke Weaver is in action against the Dodgers at Yankee Stadium on Oct. 29, 2024.
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Anthony Rizzo, Yankees first baseman, being honored by the Chicago Cubs at Wrigley Field in September 2024.
FOX

The bullpen may also face changes, with veterans Tommy Kahnle, Jonathan Loaisiga, and Luke Weaver hitting free agency. The Yankees hold club options on first baseman Anthony Rizzo ($17 million), reliever Lou Trivino ($5 million), and Weaver ($2.5 million), providing some flexibility in managing next season’s roster.

Yankees' Tim Hill is in action against the Dodgers at Yankee Stadium on Oct. 29, 2024.
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Jonathan Loaisiga
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Relief pitchers Tim Hill and Jonathan Loaisiga could also depart, their market value still to be determined. With these potential changes, the Yankees’ front office faces a pivotal offseason, balancing roster stability with the need for fresh talent in 2025 and beyond.

What do you think? Leave your comment below.

Tags: Juan Sotoalex verdugoanthony rizzogerrit coleGleyber Torresluke weaver
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Sara Molnick

Sara Molnick

A digital technocrat-turned-baseball buff, Sara is an ardent follower of the New York Yankees. Born and brought up in New York City, she is a regular to games since she was a kid. Despite working as media strategist, baseball is her first love. She has been covering baseball games in the city as well as MLB and MiLB games involving the Yankees, the Mets, and their minor affiliates as a freelancer for different web and media publications. She works as a lead author for the Yankees-centered PinstripesNation since its very inception.

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1 Comment
afq1968
afq1968
1 year ago

Cole and Weaver are back. I expect Hill to resign here. Verdugo, Kahnle, Torres, and Rizzo, & Trivino I expect to be gone. I don’t know the market for Loaisiga, but if Sevy resigns with the Mets, I can see him signing there as the Mets seem to get Sevy healthy and maybe they can do the same for him. As long as the Yankees make a real offer to Soto to start with, I see no reason why Boras wouldn’t be willing to negotiate here.

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