As the MLB trade deadline on July 31 approaches, the New York Yankees are actively seeking to strengthen their pitching staff, with a particular focus on the bullpen. The urgency has increased due to Clarke Schmidt facing Tommy John surgery, leaving a gap in the rotation that the Yankees need to address. To remain competitive in the AL East, the organization is exploring trade opportunities that could provide crucial relief pitching.
Interest in Orioles’ Reliever Gregory Soto and Trade Challenges
Reports from SNY’s Andy Martino reveal that the Baltimore Orioles are potential trade partners, with the Yankees showing interest in acquiring left-handed reliever Gregory Soto. Soto has been a key player for Baltimore this season, leading the team with 18 holds and proving his value as a dependable option in high-leverage situations. Despite the Orioles’ openness to negotiations, they appear reluctant to trade closer Felix Bautista, which complicates talks given the longstanding challenges of deals between AL East rivals. This situation reflects the so-called “Yankee Tax,” a perception among fans and analysts that trade interactions with Baltimore tend to favor the Orioles.
Gregory Soto’s Experience and Role in Strengthening the Yankees’ Bullpen
Gregory Soto, now 30, offers significant major league experience, including two All-Star selections during his time with the Detroit Tigers and a career-best 30 saves in 2022. With a current salary of $5.35 million and entering free agency after the World Series, Soto represents a valuable asset for a team aiming to boost bullpen reliability without committing long term. In addition to Soto, the Yankees are considering other relief pitchers such as right-handers Seranthony Dominguez and Andrew Kittredge. Dominguez has recorded a 3.13 ERA across 38 appearances this year, with prior success that includes 11 saves last season and a strong breakout performance in 2018 with the Philadelphia Phillies. He too faces free agency this offseason and carries an $8 million salary in 2024.
Additional Bullpen Candidates Under Consideration by the Yankees
Andrew Kittredge, a 35-year-old right-hander and 2021 All-Star with the Tampa Bay Rays, has also drawn attention. He boasts a 3.57 ERA in 22 outings this season and has shown versatility with career highs in wins (nine) and saves (eight). His contract features a $9 million club option for 2026, which adds complexity to potential negotiations for New York as they evaluate his fit and cost against their bullpen needs.
Strategic Considerations as the Trade Deadline Nears
The Yankees must carefully navigate the highly competitive AL East trade environment, where every roster move can influence playoff positioning. Baltimore’s mix of young talent and seasoned veterans makes any transaction with them intricate both in terms of player valuations and divisional politics. The Yankees recognize that securing reliable relievers like Gregory Soto could reshape their bullpen strategy and provide much-needed depth for critical late-game situations.
Potential Impact on Yankees’ Playoff Prospects
As the deadline approaches, the Yankees’ efforts to enhance their bullpen highlight their commitment to remaining contenders in a tough division. Adding Gregory Soto or similar relievers could solidify the team’s late-inning pitching and offer greater flexibility to the coaching staff. These moves are likely aimed at giving New York a stronger chance to advance deep into the postseason, particularly given the challenges posed by injuries and competitive league dynamics.
“While the Orioles are open to trades, they are reportedly unwilling to part with their closer, Felix Bautista.”
—Andy Martino, SNY Analyst
“Gregory Soto has been a standout performer, leading the Orioles with 18 holds and showing resilience in late-game situations.”
—Andy Martino, SNY Analyst
Our Reader’s Queries
Q. What happened to Gregory Soto?
A. On July 30, 2024, Soto was exchanged for minor league pitchers Seth Johnson and Moisés Chace to the Baltimore Orioles.
Q. Why was Gregory Soto suspended?
A. The rule suggests Soto engaged in actions harmful or damaging to baseball. At 23, he played 25 games, starting 23, for Class A Advanced Lakeland last year. He had 8 wins, 8 losses, a 4.45 ERA, and 115 strikeouts in 113 1/3 innings.