The Guardians are listening to offers on their relievers, reports Jon Heyman of The New York Post. That includes a willingness to discuss their star back-end duo of Emmanuel Clase and Cade Smith, Heyman adds, though he unsurprisingly notes that the asking price is high enough that a trade of either pitcher remains a long shot.
Teams are generally willing to field offers on almost every player. That’s particularly true for small-market clubs that are constantly trying to balance the short term and the future. It’s only sensible the Guards would hear other teams out on Clase and Smith. Teams are willing to pay a premium for relievers at the deadline. That’d be all the more true for late-game arms who are cheaply controllable for multiple seasons.
Clase is playing on a $4.5MM salary and will make $6MM next year. Cleveland has a pair of club options covering the 2027-28 seasons. Those respectively came with $10MM base salaries, though Clase has since escalated their value to $11.5MM annually by twice winning the American League Reliever of the Year award and by surpassing 200 appearances over the past three-plus seasons. He’d also receive a $1MM assignment bonus if he’s traded.
That’s well below market value for a pitcher of Clase’s caliber. He’s a much better pitcher than Tanner Scott, who signed for four years and a little over $60MM in net present value as last winter’s top free agent reliever. Clase is controllable for his age 27-30 seasons. There’s a chance he’d get into nine figures if he were a free agent.
Clase was MLB’s best reliever in 2024. He surrendered just five earned runs in 74 1/3 innings and went 47-50 in save opportunities. He had an ugly postseason performance but that came in a total of eight innings. Clase is putting together another excellent regular season this year. He has fired 44 innings of 2.86 ERA ball while going 21-25 in save chances. His 23.4% strikeout rate is essentially league average, but he has never been a huge strikeout artist. Clase excels with plus command and movement on his 99 MPH cutter, which hitters very rarely square up.
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Smith, 26, had a breakout rookie season to emerge as Cleveland’s top setup man. He turned in a 1.91 ERA with a near-36% strikeout rate through 75 1/3 innings a year ago. Smith’s ERA has backed up to a less impressive (though still strong) 3.07 mark across 41 frames this season. He’s striking out 35% of opponents behind a gaudy 15.1% swinging strike rate. The 6’5″ righty has a 96 MPH heater and a plus splitter. Smith is still a season and a half from reaching arbitration and is under club control for four and a half seasons.
There’s virtually no chance the Guardians would trade both relievers. If they were to move Clase, it’d be largely driven by the belief that Smith would be an elite closer in his own right. It’s even tougher to see them pulling the trigger on a Smith deal when he’ll play for barely above the league minimum for the next year and a half. The Guardians have a few lower-profile relievers (e.g. Hunter Gaddis, Erik Sabrowski) who could also draw some attention. They’d certainly listen on veteran righty and impending free agent Paul Sewald, but he just landed on the injured list with a shoulder strain that could keep him out beyond the deadline.
An openness to discussing Clase and Smith doesn’t signify that Cleveland is a guaranteed seller. They’re 4.5 games back of the American League’s last Wild Card spot. They have one of the easiest second-half schedules of any team, including four series against clubs with losing records (A’s, Orioles, Royals and Rockies) up to the deadline. There’s a path to getting back in the race and hoping that an excellent back of the bullpen can return them to the ALCS and beyond.