Yankees, Carlos Carrasco Agree To Minor League Deal

The Yankees have agreed to a minor league contract with veteran righty Carlos Carrasco, reports Jack Curry of the YES Network. Presumably, he’ll be in camp as a non-roster invitee this month. Carrasco, who’s represented by ACES, would earn $1.5MM if he makes the roster and can push that salary to $2.5MM via incentives, per Joel Sherman of the New York Post.

Carrasco, 38 in March, spent the 2024 season with the Guardians after returning to Cleveland on a minor league pact last offseason. He was hit hard for a second straight season, following up on 2023’s 6.80 ERA (90 innings) with a 5.64 ERA in 103 2/3 frames. Carrasco’s 91.6 mph average four-seamer and 91.1 mph average sinker, per Statcast, were both career-low marks.

Carrasco, of course, was one of the game’s premier starters during his peak in Cleveland, finishing fourth in 2017 American League Cy Young voting. From 2014-18, he tossed 856 innings of 3.27 ERA ball with plus strikeout and walk rates. He ranked seventh among all pitchers in FanGraphs’ wins above replacement metric during that span and was sixth among all qualified pitchers in terms of the differential between his strikeout and walk rates (22.6 K-BB%).

At this stage of his career, Carrasco is no longer a borderline ace and is a pure depth addition for the Yankees. His last productive season came with the Mets in 2022, when he tossed 152 innings of 3.97 ERA ball with a strong 23.6% strikeout rate and 6.4% walk rate.

Carrasco has had an ERA of 5.64 or worse in three of the past four seasons, but he still shows good command and misses bats at a passable enough level to think he could produce better results. He’s been far too homer-prone, however, which doesn’t necessarily bode well for a fit in Yankee Stadium — though he’s actually been far more susceptible to long balls versus righties than versus left-handed opponents.

The Yankees’ rotation is already deep enough that the club has traded Nestor Cortes and is likely to move Marcus Stroman if general manager Brian Cashman can find a trade partner. Gerrit Cole, Max Fried, Carlos Rodon, Luis Gil and Clarke Schmidt will take the top five spots in the roster. Stroman and his $18.5MM salary are on the trade block. Other depth options on the 40-man roster include JT Brubaker, waiver claim Allan Winans and prospects Will Warren, Clayton Beeter and Yoendrys Gomez.