The Braves announced this evening they’ve signed reliever Jackson Stephens to a one-year contract. It’s a split deal that pays him at varied rates depending on whether he’s in the majors or minors. Stephens secures a 40-man roster spot, bringing Atlanta’s roster to capacity. Justin Toscano of the Atlanta Journal-Constitution reports (Twitter link) the 28-year-old will be paid at a $740K rate for any time spent in the majors.
Stephens is coming off a solid season in the middle innings for Atlanta. He was called upon by skipper Brian Snitker for 39 appearances out of the bullpen. Stephens tallied a career-high 53 2/3 innings while posting a personal-low 3.69 ERA. His 20% strikeout rate was a bit below average, but he generated grounders at a solid 46.3% clip. Stephens averaged 94.1 MPH on his fastball and generated high-end spin but middling velocity on his 76.8 MPH curveball.
That marked the Alabama native’s first MLB action in four years. He’d previously pitched with the 2017-18 Reds. He spent 2019 in Triple-A, didn’t pitch with the cancelation of the minor league season the following year, then spent 2021 in Mexico. Stephens returned to affiliated ball on a minor league deal with Atlanta during the lockout. He cracked the MLB roster a week into the season and spent the rest of the season in the majors.
After acquiring Dennis Santana from the Rangers in mid-November, Atlanta designated Stephens for assignment. That was just days before the deadline for clubs to tender contracts to arbitration-eligible or pre-arbitration players. The Braves kept him in DFA limbo and non-tendered him, sending him directly into free agency without first needing to clear waivers. A month later, the front office circled back to bring Stephens back to the organization.
Stephens is out of minor league option years, meaning the Braves can’t send him to the minors so long as he’s on the 40-man roster. That they nevertheless agreed upon a split deal may indicate Atlanta plans to place him on outright waivers in the coming weeks. That’d be the only way to get him back to Triple-A Gwinnett, where his lower base salary would come into play, although it’d require him going unclaimed on waivers.
While the idea of signing a player to an MLB contract to subsequently run him through outright waivers might seem counterintuitive, it’s not unheard of. The minor league salary involved could come at a higher rate than is typical for a player who signs a straightforward minor league contract. That could serve as an incentive for the player to accept a minor league assignment if he clears waivers. Earlier in the offseason, the Orioles signed a pair of players — Anthony Bemboom and Jake Cave — to split deals shortly before trying to run them through waivers. The gambit was successful in Bemboom’s case, as he agreed to stick around at Triple-A upon going unclaimed, but didn’t pan out with Cave, whom the Phillies claimed.
That’s a speculative scenario at this point, to be clear. Stephens will take a spot on the 40-man roster for now. If he still holds that job come Spring Training, he’ll battle for a middle innings role at Truist Park for a second straight year. Atlanta has Raisel Iglesias, A.J. Minter, Joe Jiménez, Collin McHugh, Kirby Yates, Dylan Lee and Santana locked into Opening Day bullpen roles, though Stephens could battle with the likes of Nick Anderson, Seth Elledge and Michael Tonkin for lower-leverage innings.
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