Nick Pivetta's Qualifying Offer Rejection and Its Implications

Nov 20, 2024 at 1:29 AM
This afternoon, a significant turn of events took place as Chris Cotillo broke the news that Nick Pivetta had declined his qualifying offer from the Red Sox. Nick Pivetta's decision to decline the one-year, $21 million offer has now made him a free agent. In return, the Red Sox will receive a compensatory selection at the end of the second round of the 2025 MLB draft. (The last time they got such a selection was in 2022 after a similar process with Eduardo Rodriguez, which led to Roman Anthony.)

Great News for Sox Fans with Broader Context

This rejection of the offer is great news for Red Sox fans. When placed in a broader context, it becomes even more significant due to two potential enormous ramifications. Firstly, Craig Breslow has a good understanding of the market. Secondly, the Red Sox are likely about to invest in a top-of-the-rotation arm.

Backing Up a Couple of Weeks and Running Through the Process

A few weeks ago, our Red Sox approval poll asked readers about their feelings regarding the decision to extend Pivetta the qualifying offer. The opinion among our community was divided. Once the offer was made, three general possible scenarios emerged. Option A seemed highly unlikely as the Red Sox likely wanted Pivetta back but ended up with a draft pick instead. Option B, where the Red Sox were unsure if Pivetta would accept the offer but were willing to play games for a draft pick, may still be considered by some, but the author isn't so sure. Option C, where the Red Sox were confident Pivetta wouldn't accept the offer and made it as an easy value add in a winter of signing free agents who would cost draft picks, is probably closer to the truth.How do we know Option C is likely correct? Well, when looking beyond the qualifying offer and draft pick compensation, there is another big clue - roster construction. Currently, before the offseason even begins, the Red Sox have potential 2025 starters like Tanner Houck, Brayan Bello, Kutter Crawford, Lucas Giolito, Cooper Criswell, Richard Fitts, and Quinn Priester. These are all young players between the ages of 24 and 30 who have already made major league starts. This is just a basic starting point and doesn't even count those who might emerge from below or those they might sign this winter.The Sox already have seven locked-in guys who could make major league starts in 2025 and have highly volatile production potential. Adding Nick Pivetta to this mix doesn't make sense as he is just another older and more expensive volatile piece. There are two potential paths - either the Sox will be cheap forever or ownership is about to reengage. If they are cheap, they don't need Pivetta when they can field a mediocre rotation at a lower cost. Pivetta is excess to what they already have.What the Red Sox need is top-of-the-rotation pitching. The seven guys they already have should do well if competing for the bottom three spots of a five-man rotation. They might even work for the bottom four spots, but in either case, paying $21 million to Pivetta for a rotation spot when they might spend big or trade for an alpha arm doesn't make sense.This is why Option C is the most likely scenario. There is no logical reason to want Nick Pivetta on the roster. If the team is trying to save money or is about to spend again, they need to clear roster space at the top of the rotation for incoming upgrades.Knowing this, Craig Breslow sat down and called the bluff. He knew Nick Pivetta's value on the pitching market as he is actively involved in it. He took the easy draft pick and quietly signaled to the baseball world that the Red Sox are back. If the context clues are correct, he will likely make a more significant proclamation in the coming weeks.