The Nolan Arenado trade speculation has quieted in recent weeks. After the eight-time All-Star used his no-trade clause to quash a deal that would have sent him to Houston, the Cardinals have been unable to find a suitable match. St. Louis president of baseball operations John Mozeliak said at last month’s Winter Warm-Up event that the Arenado saga remained the front office’s top priority. However, both Mozeliak and chairman Bill DeWitt Jr. stressed that dealing the third baseman was not an absolute necessity to get the team’s payroll to levels that ownership finds tolerable.
It’s now an open question whether the Cards will be able to line anything up. In an MLBTR poll last week, nearly two-thirds of respondents felt Arenado would begin the season in St. Louis. That won’t stop Mozeliak and the front office from continuing to explore possibilities. Jon Morosi of the MLB Network reports that the Cards have “had recent communication” with the Red Sox regarding Arenado.
That doesn’t necessarily mean talks have gained any kind of traction. Katie Woo of The Athletic wrote in early January that efforts to move Arenado had stalled. Woo suggested at the time that Boston might up end being the only plausible suitor for an offseason trade. Those discussions have perhaps been held up by Alex Bregman’s lengthy free agent stay. Boston is one of a few teams known to be involved on Bregman, though they’re reportedly reluctant to go beyond four guaranteed years. Bregman has seemingly weighed multiple six-year offers, so the Sox appear an unlikely landing spot.
Arenado would be a more challenging roster fit. The Sox’s pursuit of Bregman was likely conditioned on the possibility of moving him to second base. Arenado has expressed openness to a position change to facilitate the right trade, but his third base defense is his primary selling point. It’s unlikely the Red Sox would consider bumping him to the keystone. They’d presumably instead move Rafael Devers off third base. Boston’s longtime third baseman doesn’t appear enthused about a possible position change.
A move would also probably require the Red Sox to bench or trade Masataka Yoshida. The Sox have not moved first baseman Triston Casas for starting pitching, as many speculated they might. Devers would be a superior designated hitter to Yoshida, though Boston may not be keen on relegating him to the bench when he’s under contract for another three seasons. Yoshida is owed $18MM annually on a deal that is well above market value. They’d need to eat the bulk of the contract to deal him for what would be a modest return.
Discussions between the Sox and Cardinals could theoretically involve Yoshida. Chaim Bloom, who will take over as president of baseball operations in St. Louis at the end of the season, was the top executive when the Red Sox signed Yoshida. At one point, Bloom believed strongly that his bat would translate against MLB pitching. Yoshida has been a good, not great, major league hitter. Even if Bloom still feels there’s untapped upside, the Cardinals are unlikely to eat a big portion of the contract. Their efforts to trade Arenado have been largely motivated by finances, recent comments from Mozeliak and DeWitt notwithstanding.
St. Louis owes Arenado $64MM over the next three seasons: $27MM this year, $22MM in 2026, and $15MM in ’27. The Rockies are paying an additional $5MM annually for the next two years. $6MM of the Cards’ obligations in 2025 and ’26 are deferred. Reports indicated the Astros were going to take all but $5MM or $15MM off the Cardinals’ hands had he approved the trade to Houston.