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Poll: Paul Goldschmidt And The Qualifying Offer

September 17, 2024 by MLB Trade Rumors

Heading into the 2024 season, the main question surrounding Paul Goldschmidt was one of whether the Cardinals would be able to get an extension done. Interest in a new contract for Goldschmidt was reported as far back as December, but president of baseball operations John Mozeliak said in January that extension talks could be tabled until early in the season. At the time, Goldschmidt was fresh off a .268/.363/.447 batting line in 154 games. That didn’t come close to his 2022 NL MVP season (.317/.404/.578, 35 homers) — but it was still well north of the league average and made Goldschmidt one of the more productive first basemen in the game.

Fast forward a few months, and the narrative has changed dramatically. Goldschmidt got out to the worst start of his career and seemed wholly unable to recover. He posted below-average offensive numbers in April, May and June, slashing a .225/.294/.361 in 349 plate appearances over that stretch. By measure of wRC+, the perennially excellent Goldschmidt had been 15% worse than an average hitter at the plate.

Even if one looked at the dip from his 2022 production to his 2023 output as the potential beginning of a decline, a drop-off of this magnitude was nonetheless a genuine surprise. Goldschmidt hadn’t simply had some poor luck on balls in play; his strikeout rate spiked to a career-worst 28.7%. His 8.3% walk rate was nowhere near his career mark. Goldschmidt was still hitting the ball hard, but his contact was less frequent and much of that hard contact was coming in the form of hard grounders rather than well-struck liners and flies. Goldschmidt’s 43% ground-ball rate in the season’s first three months was his highest since 2017.

Since that point, things have begun to turn around. Goldschmidt had a modestly productive showing in July (107 wRC+) and has seen his bat truly take off from August onward. He’s hitting .275/.315/.483 since the calendar flipped to July — including a .286/.338/.493 slash since Aug. 1. Again, this isn’t a simple change in fortune on balls in play. Goldschmidt’s 28% strikeout rate from the season’s first three months is down to 23.5% since July 1 — and just 21% since Aug. 1.

Despite that substantial dip in strikeouts, Goldschmidt hasn’t necessarily become more selective at the plate. He’s still not walking nearly as often as he used to — 5.5% since July 1 — nor is he chasing off the plate any less than he did in the season’s first three months. What he has done, however, is become much more aggressive on pitches within the strike zone. Goldschmidt’s typically patient approach led him to swing at just 61.4% of pitches in the strike zone from Opening Day through the end of June. Since then, he’s offered at 68.1% of such pitches. His overall swing rate through three months was at 46.2%, but he’s up to 49.4% in the three months since.

Goldschmidt has had 50 plate appearances end on one pitch this season. He’s hitting .347 and slugging .694 on those pitches. Of those 50, 26 came in the season’s first three months. About 7.4% of his plate appearances lasted one pitch. Since July 1, nearly 10% of his plate appearances have been of the one-pitch variety. It’s not a huge difference, but it lends credence to the fact that Goldschmidt has been more aggressive and been better off for it.

It’s been a tale of two seasons for Goldschmidt (pardon the cliche). His first half looked like that of a player on the decline — mounting strikeouts, lesser contact, and an across-the-board deterioration in his results. The past two-plus months, however, tell another story. Goldschmidt may not be the MVP-level hitter he was just two seasons ago, but he’s been clearly above-average since July, including an outrageous .394/.429/.636 slash in his past 70 plate appearances. His walks are down and may not recover if he maintains his more aggressive approach, but he’s hitting for average and power alike. If Goldschmidt had flipped his two halves, starting this hot and then fading toward league-average, his down season likely wouldn’t have garnered much attention.

As it stands, league-average is precisely where Goldschmidt is at. His .246/.303/.414 batting line comes out to an even 100 wRC+. His OPS+ (98) is only 2% worse than average. An average-hitting first baseman isn’t generally a QO candidate, but if the Cardinals believe Goldschmidt can sustain his late surge, then there’s good reason to make an offer. Even if he accepts, a $21.2MM salary for a player whom they believe can continue in the vicinity of a .275/.315/.483 pace would be defensible. And if he walks, the Cards would of course be entitled to draft compensation. On the flip side, if Goldschmidt were to accept and revert to his first-half form, it’d be a clear misstep that sets the franchise back in 2025 as they look to return to contending.

It all comes down to how much the Cardinals believe in Goldschmidt’s second-half renaissance and how much they’re willing to risk in the name of bolstering their 2025 draft pool. Six months ago, Goldschmidt would’ve seemed like a no-brainer QO recipient. Three months ago, the decision would’ve seemed like a no-brainer — for the opposite reason. Now, the Cardinals will fall somewhere in the middle. Let’s open this up for a poll:

Take Our Poll
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