Mariners shockingly don't extend qualifying offer to former All-Star OF

The Mariners have decided not to extend a $20.325M qualifying offer to outfielder Teoscar Hernández, reports Daniel Kramer of MLB.com.

This is arguably the most surprising news to come out of the qualifying offer deadline, which just passed at 4 p.m. Central. All seven players to receive the QO were obvious locks, but it seemed possible that some other pitchers and position players could be on that list. Hernández seemed like one of the more likely QO candidates but will now head to the open market unencumbered.

An impending free agent is eligible for a qualifying offer if they just spent the entire season with only one club and have not received one previously in their career. If the player rejects a QO and signs elsewhere, the signing club is subject to draft pick forfeiture and possibly other penalties while the player’s previous club gets draft pick compensation.

Hernández had a bit of a down year in 2023, relative to his own standards, but had been one of the better sluggers in baseball over the previous three seasons. He hit 73 home runs for the Blue Jays from 2020 to 2022, slashing .283/.333/.519 in the process. That amounted to a wRC+ of 133, indicating he was 33% better than the league average hitter in that stretch, putting him in the top 20 of all qualified hitters in that time.

The Jays traded him to the Mariners going into 2023 and then his production slipped. He still hit 26 home runs but his strikeout rate jumped to 31.1%, after being at a combined 27.2% over the previous three years. His .258/.305/.435 line translated to a wRC+ of just 105. That was obviously not what the M’s envisioned when they traded for him, but it’s possible their pitching-friendly home park played a role, as he had a wRC+ of just 81 at home for the year but 126 on the road.

The upcoming free agent market is generally weak in terms of impact bats, despite being headlined by Shohei Ohtani. Despite his down year, Hernández was going to be one of the most attractive bats available. It was generally expected that the Mariners would extend the qualifying offer to him and he probably still could have found decent offers in free agency. But they evidently believed there was a risk of him accepting the QO in the event they offered it. Since they chose not to do so suggests that having him back in Seattle next year at a salary of $20.325M was an undesirable outcome for them.

That perhaps doesn’t bode well for next year’s budget for the club, but it’s also possible they are trying to keep powder dry at this early stage of the offseason. The Mariners, along with many other clubs, are expected to pursue Ohtani as a Plan A this winter with all other options as Plan B. As the Mariners assess their odds in that pursuit, perhaps they didn’t want to risk having a sizable chunk of their budget already spoken for by Hernández.

This only helps him out as a free agent, since receiving a QO has a negative effect on a player’s earning power. Being saddled with draft pick forfeiture will cause some clubs to lower how much they are willing to spend on a given player while some others will steer clear of such players completely. By avoiding the QO, Hernández can avoid any such worries.