Astros expected to present offer to star 3B in near future

Alex Bregman may have played his final game as an Astro on Wednesday. Detroit’s 5-2 win completed a sweep that ended Houston’s run of seven consecutive trips at least as far as the American League Championship Series. That’ll push the Astros into offseason mode, where the focus will be on their star third baseman.

Alden González of ESPN writes that the Astros are expected to present a formal contract proposal to Bregman in the near future. While Houston has yet to put an official offer on the table, general manager Dana Brown has said on a few occasions they’d discuss the contract once the season ended. Brown again expressed optimism about the situation. 

“When you get down to it, I think he wants to stay here. I think we want him to stay here,” the GM told González earlier this week. “And it’s just a matter of coming up with some type of an agreement.”

Coming to an agreement is naturally much easier said than done with a free agent of this caliber. Bregman is arguably the second-best position player who’ll hit the market. Unless the Scott Boras client takes a significant hometown discount, retaining him would probably require the biggest investment in franchise history. Houston’s organizational high was the five-year, $151M extension for Jose Altuve signed in spring training 2018.

That $151M sum is coincidentally an exact match for the extension which Matt Chapman signed with the Giants last month. (Chapman’s deal was over six years, so the average annual value was lower than that of the Altuve contract.) Bregman is a year younger than Chapman and a more consistent offensive player. Bregman will decline a qualifying offer if he gets to free agency. That’ll attach him to draft compensation. That wouldn’t have been the case for Chapman, who could not have received a QO from San Francisco. Still, the one-year gap in age and the safer offensive profile make it likely that Bregman’s earning power is above the Chapman price.

The career-long Astro hasn’t spoken much about his contract status. Bregman deferred offseason questions while the Astros were still alive, stating that he was focused on the team’s performance. He limited his comments mostly to generalities in the immediate aftermath of being eliminated. Asked whether he wanted to return to Houston, Bregman said he “(hopes) so but (will) let Scott and the team handle that," via Matt Young of the Houston Chronicle. He subsequently took to X to thank the city.

A few of Bregman’s teammates were effusive in their praise for the two-time All-Star. Altuve, himself a Boras Corporation client, was particularly strong about the Astros’ need to keep him. 

“In my mind there is not a chance this is his last game (as an Astro),” Altuve said, via Chandler Rome of The Athletic. “He gave a lot to this organization so it’s time for us as an organization to pay him back and make him stay here.” 

Altuve added that he planned to say as much personally to owner Jim Crane.

Ultimately, whether the Astros re-sign Bregman depends on Crane’s willingness to make a huge free agent investment. The Astros were content to let George Springer and Carlos Correa walk in previous offseasons. They’re down to their final seasons of arbitration control over Kyle Tucker and Framber Valdez, both of whom are trending to nine-figure deals. Tucker is on pace to exceed $200M and could push into the $300M range with a great walk year.

While Crane has generally been averse to long-term deals, he hasn’t been shy about investing in the team overall. Houston is finishing this year with an approximate $244M player payroll, as calculated by RosterResource. They’re around $262M in luxury-tax obligations, putting them into the second tier of penalization.

RosterResource calculates their guaranteed commitments for next season around $133M. Tucker and Valdez headline one of the priciest arbitration classes in the league. MLBTR contributor Matt Swartz projects Houston’s arbitration group to cost around $58M. Trades or non-tenders of José Urquidy and Chas McCormick could knock a few million from the ledger, but the Astros will go into the offseason with roughly $185M in internal commitments.

Beyond the uncertainty at third base, Houston will need to look at the rotation and at first base. The latter was a huge issue all season. Houston’s rotation settled in later in the year, but they’ll see Justin Verlander and Yusei Kikuchi hit free agency. Valdez, Hunter Brown, Ronel Blanco, Spencer Arrighetti and hopeful injury returnees Luis Garcia and Lance McCullers Jr. make for a talented group. Injuries seriously tested the depth before they stabilized things with the Kikuchi pickup at the deadline, though, so Houston is likely to bring in some kind of starting pitching help.

The Astros don’t have an obvious in-house replacement at third base. Shay Whitcomb and Zach Dezenzo took a few at-bats this season, but they’re unproven at the MLB level. 2023 first-round pick Brice Matthews could be an answer down the line. He only has 12 games of Triple-A experience thus far. Assuming the Diamondbacks pick up their option on Eugenio Suárez, there aren’t any clear regulars available at the position in free agency aside from Bregman.