Trade Deadline Outlook: Washington Nationals

MLBTR’s new team-by-team deadline preview series (available to Front Office subscribers) continues with a look at the Nationals, who are on pace for their sixth consecutive losing season.  The Nats were hanging in there with a 28-30 record at May’s end, but an 11-game losing streak led to a brutal 7-19 record in June, all but officially ending Washington’s hopes of an end to its lengthy rebuild process.  While the team’s few cornerstone players are breaking out, pretty much the rest of the roster has underachieved, leaving president of baseball operations Mike Rizzo selling once more heading into the July 31 deadline.

Record: 35-50 (0.1% playoff probability, per FanGraphs)

Sell Mode

Impending free agents: Kyle Finnegan, Michael Soroka, Josh Bell, Amed Rosario, Andrew Chafin, Paul DeJong, Derek Law

Finnegan was an All-Star in 2024 and drew attention at last year’s trade deadline, though he somewhat surprisingly ended up staying put.  It could be that the Nationals had too high an asking price, or teams had doubts about Finnegan’s shaky advanced metrics, or perhaps a combination of both factors ended up keeping Finnegan in the District for the remainder of 2024.  As it happened, Finnegan’s performance went south in the second half, and the Nats cut him last winter by non-tendering the reliever instead of a projected $8.6MM arbitration salary.  However, the club shaved some cash off that number by then re-signing Finnegan to a one-year, $6MM deal (with $4MM in deferrals).

Now in his sixth season in D.C., Finnegan has again been pretty solid at the back of the Nats’ pen, securing 18 of 23 save opportunities and posting a 2.61 ERA over 31 innings.  Finnegan doesn’t fit the typical closer model with his below-average strikeout rates, and while his 96.1mph fastball velocity this season is still impressive, it is also notably slower than his 97.2mph average velo from 2024.  On the plus side, Finnegan’s hard-hit ball rate is a strong 37.1% — a massive turn-around considering few pitchers in the entire sport allowed more hard contact than he did over the 2022-24 seasons.

Washington will surely get more calls about Finnegan this July, and the Nationals may feel more compelled to swing a deal with him just a few months removed from free agency.  It isn’t a reach to view Finnegan as a fit on almost any roster, given his low remaining salary, how many contenders need bullpen help, and his experience in high-leverage situations.  The Cubs reportedly had interest in Finnegan this past winter and the Yankees, Phillies, and Dodgers were all linked to Finnegan’s market prior to last season’s trade deadline, so these teams in particular stand out as potential candidates.