After missing out on both Shohei Ohtani and Yoshinobu Yamamoto despite finishing as finalists for both stars, the Blue Jays have recently pivoted to smaller moves than the blockbusters they were contemplating earlier in the offseason.
They’ve re-signed center fielder Kevin Kiermaier and added utilityman Isiah Kiner-Falefa to their infield mix over the past week and a recent report regarded the club as the leaders for the services of right-hander Yariel Rodriguez.
According to Sportsnet’s Ben Nicholson-Smith, the club has also continued to be active in the positional market since signing Kiermaier and Kiner-Falefa, showing strong interest in free agent slugger Joc Pederson.
Pederson, who MLBTR’s Leo Morgenstern profiled just this morning, is coming off something of a down season with the Giants in 2023. The 31-year-old got off to a scorching hot start this past season with a .281/.394/.518 (150 wRC+) slash line through June 17, though that stretch accounted for just 137 plate appearances as the slugger battled wrist and hand injuries early in the season.
While Pederson managed to avoid the injured list throughout the remainder of the season, his performance declined significantly throughout the remainder of the campaign. In 288 trips to the plate from June 18 onward, Pederson hit a meager .213/.326/.369 (92 wRC+), a performance that dragged his overall season line down to .235/.348/.416 (111 wRC+).
While Pederson’s 20.8% strikeout rate and 12.8% walk rate were more or less in line with his earlier production, Pederson’s BABIP shrunk from .317 to just .247 while his power production suffered a simultaneously dip.
After crushing seven home runs in just 36 games early in the season, Pederson’s final 85 appearances saw him hit just eight round-trippers. Interestingly, the disparity in production came with similar peripheral numbers; Pederson had the same groundball percentage of 39.5% both before and after the aforementioned June 17 cutoff, and his soft contact rate actually went down from 12.8% to 10.8% the rest of the way.
Given the minimal change in Pederson’s peripherals regarding batted balls and plate discipline, it’s seemingly fair to expect improved performance in 2024, particularly if he moves to a more homer-friendly park outside of San Francisco. That conclusion is further supported by Pederson’s excellent .368 xwOBA, which outstrips his wOBA by 37 points and is a mirror image of the .367 xwOBA he posted during his dominant 2022 campaign.
If Pederson can even come close to replicating his 2022 season, where he slashed an excellent .271/.353/.521 (146 wRC+) en route to his second career All Star campaign, he’d be an excellent fit for a Blue Jays roster short on left-handed bats following the departure of Brandon Belt, who posted a 138 wRC+ in 103 games this year as the club’s primary DH.
Though Pederson primarily played DH in 2023 due to an outfield logjam in San Francisco, the slugger could also help to take some pressure off of Daulton Varsho in left field after a difficult 2023 season. The addition of Pederson would go along way to improving a Toronto offense that underperformed somewhat in 2023 and has since lost both Belt and Matt Chapman to free agency.
Of course, it’s important to note that Nicholson-Smith suggests that things are far from a done deal between the two sides, with the Diamondbacks, Angels, Giants and Cubs all standing as other potential suitors (though the Cubs, Nicholson-Smith notes, may only have interest should they fail to re-sign Cody Bellinger).
Likewise, the Blue Jays are interested in plenty of potential bat-first options beyond Pederson, with Nicholson-Smith name-checking each of Rhys Hoskins, J.D. Martinez, Joey Votto and Justin Turner.
Nicholson-Smith goes on to suggest that a deal with Pederson wouldn’t preclude the Jays from adding a second player from that mold, though it’s worth noting that with Vladimir Guerrero Jr. entrenched at first base only Justin Turner has recent experience elsewhere on the diamond, meaning Pederson would likely need to play the outfield on a regular basis in that scenario.
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