Trade candidate: Harold Ramirez

As is frequently the case for the Rays this time of year, the club has a sizable class of arbitration-eligible players to sort through this offseason: with 16 players eligible for arbitration this winter, only the Yankees have more. MLBTR’s Matt Swartz projects that group of players to cost a combined $46.3M in 2024 if all 16 of them are retained. That could prove to be an untenable situation for the Rays, as RosterResource estimates the club’s projected 2024 payroll to be $130M, an increase of more than $50M over this year’s $79M budget.

While the club has recently indicated that it would be open to increasing payroll next season, it’s unclear to what level an increase would be. Even a substantial increase in payroll could leave the club looking to shave $20M or more off of its payroll, to say nothing of any potential external additions the club could look into making as they aim to build on a 99-win season in 2024. Given these realities, it seems likely that the Rays will at least shop around some of the players from their deep pool of arbitration-level talent this offseason.

Of Tampa’s group of arbitration talent, just four players are projected to make more than $3M next year: infielder Isaac Paredes, who is still just 24 years old and enjoyed a breakout season in 2023; right-hander Aaron Civale, the steady mid-rotation arm the club dealt top first base prospect Kyle Manzardo to acquire this past summer; outfielder Randy Arozarena, a face of the franchise and former Rookie of the Year who made his first All Star appearance in 2023; and Harold Ramirez, a right-handed slugger the club acquired in a minor deal with the Cubs prior to the 2022 season who splits time between DH, first base, and the outfield corners.

Among that group of four, it seems wildly unlikely that the club would deal Civale after winning the bidding for his services just three months ago. Given his youth, positional versatility, and strong 2023 campaign, it seems more likely that the club would rather retain Paredes as a member of the club’s core rather than trade him away just as he enters his prime years.

While Arozarena may be the most expensive of the group by far with a $9M projected salary in 2024, the 28-year-old outfielder is under team control through the end of the 2026 season and provides consistency to the Rays lineup. He’s made at least 600 trips to the plate, with a wRC+ of 120 or better, 20 home runs or more, and 20 stolen bases or more in each of the past three seasons. That consistency, power and speed makes Arozarena a key piece for the Rays going forward, to say nothing of his status as one of the most recognizable players on the team.

That leaves Ramirez, who has contributed to the Rays in a big way over the past two seasons. In 869 trips to the plate with the club over the past two seasons, Ramirez has slashed an impressive .306/.348/.432 with a 17.4% strikeout rate, good for a wRC+ of 123. Good as that production is, it’s worth noting Ramirez carries a hefty platoon split; while he was roughly league average against right-handers with a .281/.329/.420 slash line in 310 trips to the plate against them this year, he absolutely crushed lefties to the tune of a .387/.411/.555 slash line in 124 trips to the plate. His career splits are roughly similar, with a .719 OPS against righties and an .816 OPS against southpaws.

Valuable as a lefty-mashing corner bat can be, the Rays are fortunate to be well-stocked in terms of DH and corner options. Yandy Diaz has locked down the first base spot with star-level production the past two seasons, while slugger Luke Raley made a strong impression during his first run of significant playing time this year, slashing .249/.333/.490 with 19 home runs in just 406 trips to the plate while covering first base, DH, and all three outfield spots. This also doesn’t consider young infield prospect Jonathan Aranda, who slashed .230/.340/.368 in 103 plate appearances with the big league club this year and could play his way into a bigger role next season.

Additionally, each of those options has more team control remaining than Ramirez. While the 29-year-old will be a free agent following the 2025 season, Diaz is under control through 2026, Raley through 2028, while Aranda has yet to accrue a full season of service time in the big leagues. Given the club’s bountiful options at the position and Ramirez’s relative lack of team control, he could be the perfect trade candidate for a Rays team interested in lowering payroll to make other additions or even simply in leveraging a valuable asset from a clear area of depth.

In terms of potential suitors, there are several teams that could conceivably be interested in Ramirez’s services. The Brewers and Cubs both have uncertain first base situations headed into 2024, with Rowdy Tellez looking like a potential non-tender candidate and Matt Mervis having struggled through his first cup of coffee in the majors earlier this year. The Cubs, of course, are the club the Rays acquired Ramirez from prior to his breakout in the spring of 2022.

Meanwhile, the Padres could look to add a right-handed complement to Matt Carpenter at DH, with Ramirez as a strong option to fill the role the club hoped Nelson Cruz could fill in 2023. The Diamondbacks and Braves could also find themselves in search of a bat like Ramirez this offseason, in the event Tommy Pham and Eddie Rosario depart the club this offseason. In truth, there’s few aspiring contenders that couldn’t make use of a lefty-mashing corner bat with two seasons of team control remaining, giving the Rays plenty of potential paths in the event they do pursue a trade of the 29-year-old.