Shota Imanaga’s 45-day posting window closes today, meaning the Cubs will likely announce his reported four-year contract in the near future. It’s known that the Chicago outbid a field of interested parties including at least the Giants, Angels and Red Sox, although multiple reports in the final days of Imanaga’s free agency suggested there were as many as five teams in the mix. ESPN’s Jesse Rogers now reports that the Pirates showed interest in the star NPB left-hander — a surprise entrant into the Imanaga market for a number of reasons.
On the one hand, word of interest that didn’t materialize in a deal can be waved off by many as inconsequential. Imanaga is headed to the Cubs, and he’ll spend anywhere from two to five seasons there, thanks to the complex nature of his contract. (Four years are guaranteed, but he has multiple opt-out chances and the Cubs can supersede those by picking up a fifth-year option after the 2025 season.) What’s done is done. Imanaga is not and will not be a member of the Pirates.
On the other, the Pirates are a genuinely surprising entrant into the Imanaga bidding. Signing him would’ve required the Bucs to commit the largest contract they’ve ever given to a pitcher; Francisco Liriano’s $39MM pact currently holds that distinction. That’s interesting in and of itself, but it’s also further intriguing in that their reported interest now makes it worth wondering whether the Bucs might have a bit more money to spend than most would’ve assumed. And, if that’s the case, it’s fair to consider that perhaps they’d be in play for other middle-tier starters who remain unsigned. The likes of Blake Snell and Jordan Montgomery still figure to be well beyond the Pirates’ price range, but there are still a few notable arms in the next tier down — Marcus Stroman, James Paxton, Michael Lorenzen, Hyun Jin Ryu and Cuban righty Yariel Rodriguez (who’s spent the past several seasons starring in NPB) among them.
Thus far, the Pirates have added lefties Martin Perez (one year, $8MM) and Marco Gonzales (acquired from the Braves for a PTBNL) to their rotation behind Mitch Keller. With right-hander Johan Oviedo undergoing Tommy John surgery earlier this offseason, however, there’s greater need beyond that trio — especially considering Gonzales’ own injury troubles this past season. Former top prospect Roansy Contreras took a step back in 2023 after a more promising 2022 showing, while prospect Quinn Priester had a rocky debut in 2023.
The Pirates will get righty JT Brubaker back from his own Tommy John procedure this year, but he’ll surely be eased back into the fold and will be on some level of innings limit. Right-hander Luis Ortiz and southpaw Bailey Falter are among the team’s other options in the rotation, and 2023 No. 1 overall pick Paul Skenes could make his MLB debut during the summer of 2024. That all gives the Bucs some depth, but with at least two rotation spots still in flux, there’s room for another arm to be added.
It’s possible that the Pirates viewed Imanaga as an exception of sorts, and that their interest in him will go down as little more than a footnote. It remains unclear, after all, whether they pursued him with any level of aggression or whether they were hoping to land him on a shorter-term pact that falls well shy of where he ultimately landed with the Cubs.
If the Bucs fill out their rotation internally or make another budget pickup to stuff some low-upside innings into their starting staff, the interest in Imanaga will quickly be forgotten. But it’s nevertheless interesting to see Pittsburgh punching north of its typical weight class in free agency. General manager Ben Cherington indicated earlier this offseason that the team’s payroll can be expected to increase — although last year’s $73MM Opening Day mark is quite a low bar to clear. The Bucs currently project for a payroll of about $70MM, per Roster Resource.
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