The D-backs have been in the market for a high-leverage reliever throughout the offseason, and they’re among the clubs with interest in right-hander Kirby Yates, per Nick Piecoro of the Arizona Republic. The Snakes have checked out several options on the trade market but balked at the asking price for Devin Williams — since traded to the Yankees — and their interest in Cardinals stopper Ryan Helsley might be moot if St. Louis ultimately opts to hold him.
Arizona GM Mike Hazen has left no doubt about his team’s desire to add a closing option this offseason. “I still feel like a back-end bullpen guy to help out with [Justin Martinez] and with [A.J. Puk] and those guys, I still see that,” Hazen said in a radio appearance back in early November. “I thought when [Paul Sewald] was closing, we had the best version of who we were, frankly. … But, we know [Martinez and Puk] can close, too, so we’ll see.
Yates, 38 in March, is fresh off a dominant rebound campaign with the Rangers, for whom he saved 33 games while pitching to a 1.17 ERA over the life of 61 2/3 innings. Yates earned his second career All-Star nod, fanned 35.9% of the opponents he faced, and issued walks at a 9.6% clip (higher than average but generally offset by the gaudy strikeout rate).
The 2024 season was Yates’ second consecutive year with 60-plus innings pitched, but injuries have hindered the righty at various points in his career. He threw only 11 1/3 big league innings from 2020-22; he was limited to six appearances in 2020 thanks to an elbow injury — one that wound up requiring Tommy John surgery a year later in 2021 (his second TJS operation). That procedure wiped out his entire 2021 season and the majority of his 2022 campaign.
When healthy, Yates has been a lights-out late-inning option in recent years. He’s the epitome of a late bloomer, as he didn’t truly solidify himself as a quality big league reliever until his age-30 season and didn’t break out in full until his age-31 campaign with the Padres, in 2018. Since that breakout, Yates boasts a scintillating 2.21 ERA with 93 saves, 30 holds, a 35.5% strikeout rate and a 10% walk rate.
Yates would (clearly) fit the Diamondbacks’ desire for a bona fide stopper at the end of the bullpen. The question is whether he’ll fit into the budget. After last year’s brilliant showing, he’s in position to command an eight-figure salary, perhaps even over a multi-year deal if a team isn’t scared off by offering two years to a 38-year-old who’s twice required UCL surgery.
Hazen said in the aforementioned radio appearance that he expected payroll to be in the general vicinity of 2025’s $173MM mark. RosterResource currently projects a $160MM payroll for the Diamondbacks. Yates could command the bulk or perhaps even the entirety of the remaining budget, though it’s always possible that other trades will impact the payroll. The D-backs have received trade interest in their young outfielders and in their starting rotation. The club surely still hopes to shed at least a portion of the $22.5MM owed to Jordan Montgomery.
A multi-year deal for Yates would be nearly unprecedented for a reliever this old. As shown in MLBTR’s Contract Tracker, the only free agent relievers in the past decade to sign multi-year deals beginning in their age-38 season are Jason Grilli and Darren O’Day, both of whom signed for a total of $8MM or less. The only real comp for a pitcher of this age commanding a multi-year deal at a premium rate is Daniel Bard’s two-year, $19MM extension with the Rockies back in July 2022 — a deal that obviously did not pan out.