SCOTTSDALE, ARIZ. — Derek Falvey, the Twins' president of baseball operations, hinted at a payroll reduction for the 2024 season at an end-of-season news conference and he confirmed it Tuesday at the general managers meetings.
What it means for the club's immediate offseason plans: Sonny Gray is likely to depart in free agency and the Twins probably will have to make trades to rework their roster.
The Twins already have around $125 million committed to next season's roster, which excludes their eight free agents and does not include the one-year qualifying offer the team extended to Gray, which Gray is expected to reject by next week's deadline. The current payroll figure could be near the upper range of the Twins' preferred budget, limiting their ability to sign free agents without making other moves.
"If we've established one thing about our past, it's that we're going to see creative ways to improve the roster," Falvey said.
Jorge Polanco, Max Kepler and Kyle Farmer highlight the list of trade candidates because of their salaries and the organization's depth. The Twins picked up club options for Polanco ($10.5 million) and Kepler ($10 million) last week, but they'll generate trade interest. It's a weak class for free agent second basemen, and Polanco might be ticketed for a super utility role with the Twins next year after the emergence of Edouard Julien at second base. Brooks Lee, a top prospect at Class AAA, is another switch-hitting infielder.
Kepler was a part of trade rumors last winter. If the Twins parted with Kepler, which isn't a sure thing after they showed how much they valued him last year, Matt Wallner and Trevor Larnach are lined up to become the primary corner outfielders. Willi Castro started 64 games in the outfield last season, too.
Farmer could command around $7 million through arbitration, which is a luxury for any team as a backup infielder. Farmer is versatile, hits lefties well and is a great clubhouse presence, but the Twins have Nick Gordon, who will be out of minor league options, available at a lower salary and they're expected to add Class AAA utility man Austin Martin to their 40-man roster next week. If the Twins don't trade Farmer at his projected salary, he's a candidate to be released.
"We're going to give a lot of opportunity to a lot of young players that obviously stepped up for us this year, but hopefully will grow into roles for years to come," Falvey said. "I think we're open-minded to different ways of reworking our roster."