
The A’s Rebuild Is Coming
This winter, we believe the A’s will change direction. Instead of retaining pending free agents and arbitration-eligible players, they’ll acknowledge that they can’t afford them, and enter a rebuilding period.
The team is in a very similar position to 2014. That year, they were all-in, only to lose a Wild Card game to the Royals, after which they traded away Josh Donaldson, Brandon Moss, Jeff Samardzija, and others. That rebuild took three years, and they then emerged with a new core, which made the playoffs from 2018-20. This year, they tried again, but came up short.
The team had originally hoped to keep this core intact through 2023, when they would open a new waterfront stadium. Alas, that project has been delayed multiple times, and now there’s no clarity on whether they’re even staying in Oakland.
Making matters worse, the pandemic hit them hard, and attendance in 2021 did not rise the way it did in some other parks (rumors of the team leaving for Las Vegas didn’t help). And if that weren’t enough, the team stopped receiving revenue-sharing checks a few years ago (which were as much as $34M per year at their peak) to help make ends meet. Owner John Fisher is one of the richest in baseball, but does not fund team shortfalls out of his own accounts.
So there’s no new stadium, and no revenue streams on the horizon to help pay players. Time to change course.
- Major players expected to be shopped on the trade market:
- [baseball-trade-values-player-link player="9013"]
- [baseball-trade-values-player-link player="7867"]
- [baseball-trade-values-player-link player="9854"]
- [baseball-trade-values-player-link player="8781"]
These are the big four -- Olson and Montas have the most trade value, helped by strong 2021 performances. Chapman is coming off a bit of a down year offensively, but his defense is still elite, and his bat did wake up a bit in the second half. All three of those players come with two years of control. Manaea, who has been mostly effective this year, has one more.
- Two more who might be dealt:
- [baseball-trade-values-player-link player="7647"]
- [baseball-trade-values-player-link player="8677"]
Bassitt was having an all-star year before he got hit in the face with a line drive, and though his recovery is reportedly going well, teams will want to make sure he’s healthy, both physically and mentally, before making any offers. That might require the A’s to hold on to him into next year (his walk year), with a plan to trade him at the deadline.
Laureano is serving an 80-game suspension for PEDs, which will carry over into the early part of 2022. Teams might be leery of trading for him as well, thinking they’ll want to see if he can be just as productive while testing cleanly. So Oakland may hold on to him, too, and move him at the deadline. On the plus side, he has four years of control, since the suspension froze his service-time clock. He’s effectively a Super Two player now, going into his first year of arbitration.
Other possible trade candidates:
[baseball-trade-values-player-link player="8942"]has significant trade value as well, but he also has four years of control, and may not have peaked yet. This one seems like a hold.
[baseball-trade-values-player-link player="8613"]is coming off his best year, and on paper, does have some positive value. But the market for his type -- 2Bs who also play LF -- has been very cold. He’d likely net a minor prospect.
Veterans without value on paper:
[baseball-trade-values-player-link player="9602"]''s year started off strong, but took a turn for the worse in the second half, to the point where he’s a possible non-tender, as he becomes more expensive (his salary figures to increase due to the amount of saves he earned in the first half).
[baseball-trade-values-player-link player="7865"]will likely decline his side of a mutual option, thus making him a free agent.
[baseball-trade-values-player-link player="8028"]is coming off an underwhelming year, and by our calculations, has mildly negative trade value. The A’s will likely decline his $4M option (instead, buying him out for $750K), making him a free agent.
[baseball-trade-values-player-link player="9127"]is coming off a lost year, and although he still has one year of control left, he’s getting expensive, and projects to be another non-tender candidate on paper. The A’s would likely take any offer for him.
[baseball-trade-values-player-link player="9134"]and [baseball-trade-values-player-link player="7575"]are both under contract for 2022, and both are significantly underwater. Neither figures to interest any other team, even if the A’s included cash, since they’re both essentially dead roster weight. So the A’s will likely have to eat those contracts.
The future
Meanwhile, the A’s have one of the weakest farms in baseball. Only one prospect made Baseball America’s Top 100 (catcher [baseball-trade-values-player-link player="27575"]). By our valuation measures, the farm ranks 27th out of 30.
So by trading Olson, Chapman, Montas, and Manaea, the team would effectively transfer well over $100M in player capital from the MLB side to the minor-league side, which would vault the farm into the top half. If Bassitt and Laureano are also traded, assuming fair deals, the additional prospect capital could lift the farm into Top 5 status. Assuming another three-year down period, the talent assembled from those trades may emerge by 2025, and the next contention window would start around then.
Presumably, that timing would align better to the adjusted timeline of their next new stadium, wherever and whenever that may be (2027? Who knows?).
So where are the fits?
Given all the struggles even the most competitive teams had this year to keep their rotations intact, starting pitchers Montas and Manaea will be of interest to at least half the league.
Olson, too, will interest multiple teams, including the Yankees, Rays, Mariners, Brewers, Padres, and Braves (if Freeman is not re-signed).
Chapman will likely receive interest from the Yankees, Rays, Blue Jays, Mariners, Mets, Brewers, and Reds, among others.
On the A’s side, they’ll be looking for young, high-upside prospects who are roughly similar to Soderstrom in age and level, to form the core for their next window. And given all the potential suitors, they should have enough leverage to get that premium talent.
Let the fire sale begin.

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I'm sorry, I don't understand your comments about ownership, particularly this one: "The Fishers are hands off owners leaving operations to others. That wouldn’t change regardless of ownership." John Fisher is the owner, and there have been no reports of him considering selling the team. So why speculate on something that has no basis in reality? Further, your comment suggests he would remain a "hands-off" owner, yet sell the team in a "change of ownership"? In your speculation, does he remain the owner or not? And minority owners of one team cannot also own another team, so I don't understand why you're going on about the celebrity minority owners of the Dodgers.
If the team stays in Oakland the attendance will gravitate towards that of previous years without the benefits of additional TV revenues. If the A's move to Vegas the TV rights will be sizable and a "Guggenheim-style" ownership structure would help the A's join MLB's top revenues franchises. Inviting celebrities with meaningful connections into ownership can expand opportunities when it is someone like Lebron with his sports/entertainment connections. Plus he seems headed towards ownership of a domestic pro sports franchise. John Fisher involvement in either would likely mimic his current low key style. Kaval's numerous meetings in Las Vegas are public knowledge. When the Fishers bought the SFG & A's it was basically to have them remain local franchises.
Right, we're well aware of Kaval's meetings in Las Vegas. However, it is by no means established that they're moving, so I would caution against setting 2022 roster strategy based on that assumption. Going a step further to suggest that the ownership structure would change seems a bit beyond the pale at this point.
Still playing Devil's Advocate... You wrote a very thoughtful take on the A's trading their core for younger long term assets. The A's are free to stay or leave. The A's have not said no to Oakland or Vegas. Roster strategies will suit those decisions.