Phillies acquire right-handed pitcher from Rays

The Phillies have acquired right-handed pitcher Michael Mercado in a trade with the Rays, the team announced. In exchange, Tampa Bay received right-hander Adam Leverett as well as cash considerations. The Phillies have selected Mercado to the roster, leaving the team with two open spots on the 40-man.

Mercado, 24, was a second-round selection in the 2017 draft. A California high school product, he was regarded by Baseball America as a top 50 player in that year’s class. His climb up the ladder was stalled by an elbow injury that required Tommy John surgery in 2019. Between that and the COVID year, he didn’t pitch for two full seasons. Mercado has posted middling results in the three years since that point.

Moved to the bullpen in 2023, the 6-foot-4 hurler allowed 4.79 earned runs per nine between Double-A and Triple-A. He struck out an excellent 35.4% of batters faced but walked 13% of opponents while struggling with home runs. Mercado clearly isn’t a finished product, but he intrigued Philadelphia’s scouts enough to secure a roster spot. He would have been eligible for minor league free agency today if not added to a 40-man roster.

Leverett was a 15th-round pick in 2019. He worked mostly out of the bullpen at Double-A Reading this year, posting a 3.94 ERA across 64 frames. The 25-year-old will be eligible for the Rule 5 draft this winter but remains two years away from potential minor league free agency.