Red Sox land Alex Bregman while Yankees’ free-agent waiting game backfires

The Red Sox agreed for a deal with free-agent Alex Bregman on Feb 12, 2024.
AlexBregman@instagram
Inna Zeyger
Thursday February 13, 2025

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The balance of power in the American League East may have shifted significantly as the Boston Red Sox secured the services of Alex Bregman with a stunning three-year, $120 million contract. This decisive move not only strengthens Boston’s roster but potentially exposes the New York Yankees’ increasingly cautious approach to high-profile acquisitions.

While New York maintained a peripheral interest in Bregman throughout the negotiation process, their hesitation allowed their historic rivals to complete a transformative signing. The agreement, which includes player opt-outs following each of the first two seasons, provides Boston with elite talent while creating an intriguing reunion between Bregman and Red Sox manager Alex Cora, who served as Houston’s bench coach during the 2017 campaign.

This development further highlights the Yankees’ recent pattern of measured spending, a strategy that could prove costly as they watch another premier talent join a direct competitor. The decision to remain passive while Bregman—a longtime antagonist—found a home in their division adds another layer of complexity to their championship pursuit.

How Boston steal a march ahead in Bregman race

The courtship of Bregman emerged as one of the offseason’s most compelling narratives, drawing interest from multiple organizations. His former team, the Houston Astros, extended a six-year, $156 million proposal, while the Detroit Tigers pushed even further with a six-year package worth $171.5 million. The Chicago Cubs also joined the bidding, offering four years at $120 million.

However, Boston’s creative approach—combining substantial annual value with strategic opt-out provisions—ultimately proved most compelling. By structuring the deal at $40 million per season with flexibility built in, the Red Sox crafted an arrangement that satisfied both immediate and long-term considerations for the two-time All-Star.

Initial reports suggested Bregman sought a longer commitment spanning six to seven years, but as those opportunities failed to materialize, Boston’s agile negotiating strategy produced a mutually beneficial agreement.

Analyzing Bregman’s current impact

Alex Bregman #2 of the Houston Astros looks on between innings against the LA Dodgers at Oakland Coliseum on July 03, 2024 in Oakland, California.
AP

At 31, Bregman continues to demonstrate significant productivity, though his performance has moderated somewhat from his peak seasons of 2018-2019. His 2024 campaign yielded a .260/.315/.453 batting line, accompanied by 23 home runs and 71 RBIs. While his on-base percentage showed a decline and his walk rate dropped to 6.9%—roughly half his career norm—his contact quality remained impressive, evidenced by a career-best 40.1% hard contact rate.

Bregman’s early-season struggles in 2024 raised some concerns among potential suitors. After hitting just .216 in April and battling inconsistency through the season’s first half, he engineered a remarkable turnaround, batting .284 with 19 home runs across his final 398 plate appearances. This strong finish convinced Boston’s front office that Bregman maintained the capacity for elite offensive production, particularly given Fenway Park’s unique dimensions.

Defensively, Bregman’s excellence continues undiminished, as demonstrated by his first Gold Glove award in 2023. His 2024 metrics—six defensive runs saved and nine outs above average—confirm his ongoing defensive prowess, even as range limitations begin to emerge.

However, Boston envisions a different role for their new acquisition. With Rafael Devers firmly established at third base, the organization plans to transition Bregman to second base, a position he hasn’t regularly occupied since his early professional career. While this shift presents certain challenges, the Red Sox believe Bregman’s athletic ability and baseball acumen will facilitate a successful adaptation.

Yankees’ hesitation proves costly once again

Alex-Bregman
AP Photo/Frank Franklin II

For the Yankees, Bregman’s signing with Boston represents another significant missed opportunity in an offseason marked by selective engagement. Having already watched Juan Soto join the Mets, the organization has now seen another premier free agent strengthen a division rival.

The Yankees’ reluctance to exceed the “Cohen Tax” threshold of $301 million—which carries a 110% penalty on overages—has notably influenced their market behavior. This self-imposed constraint has repeatedly led them to withdraw from the pursuit of high-profile targets in service of maintaining financial flexibility.

However, this prudent approach carries competitive consequences. By allowing Bregman to join the Red Sox, the Yankees have inadvertently strengthened a division opponent previously considered to be in rebuilding mode for 2025.

Industry observers increasingly question whether New York’s fiscal restraint might ultimately compromise their championship aspirations.

According to one league executive familiar with the situation, the Yankees’ fiscal conservatism may have inadvertently strengthened their division rival. The source suggested that prioritizing payroll flexibility over roster enhancement could create an opening for Boston to mount a serious challenge for divisional supremacy. This approach to payroll management, the executive noted, often carries competitive consequences that extend beyond immediate financial considerations.

Impact on division competition

Alex-Bregman-yankees
USA Today via Reuters

As spring training approaches, the AL East competitive landscape has undergone a significant transformation. While the Yankees retain their status as division favorites, Boston’s acquisition of Bregman substantially improves their offensive capabilities heading into the new season.

Though the Tampa Bay Rays and Toronto Blue Jays remain formidable contenders, Boston’s perceived rebuilding phase has been dramatically accelerated by this signing. The addition of Bregman to a lineup featuring Rafael Devers, Triston Casas, and Trevor Story suddenly presents a much more imposing challenge to division opponents.

The Yankees now face increased pressure to demonstrate that their current roster—anchored by Aaron Judge, Cody Bellinger, Paul Goldschmidt, and Giancarlo Stanton—can maintain championship-caliber performance without additional reinforcement.

Evaluating long-term implications

While Bregman’s ultimate impact on Boston’s competitiveness remains to be determined, the implications of this missed opportunity resonate deeply with the Yankees‘ fan base. The organization’s methodical approach to roster construction allowed their primary rival to secure a difference-making talent, potentially complicating New York’s path to the 2025 World Series.

As attention shifts to spring training, the Yankees must carefully evaluate their depth and consider whether additional moves become necessary. However, one conclusion appears inescapable—their decision to remain passive in the Bregman sweepstakes has provided the Red Sox with renewed competitive vigor, a choice that may prove increasingly costly as the season unfolds.

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ACKjernstrom

Unfortunately, the role of general manager in sports–especially baseball–has evolved so that there is competition to see who can be the most clever, as opposed to who can use the advantages of the club’s assets to acquire the greatest talent.

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