The Rockies will consider trade offers on catcher Elias Díaz over the next few weeks, writes Jon Heyman of the New York Post. The veteran should slot in behind Danny Jansen as a rental target for contenders seeking catching help.
Impending free agents on last-place teams are frequently trade candidates. Díaz fits the bill, but the Rockies haven’t always been eager to trade rentals even after falling out of contention. Colorado held Trevor Story and Jon Gray at the deadline three years ago. They extended Daniel Bard rather than trading him at the 2022 deadline. The Rox were more aggressive in moving rentals last year, although they still held onto lefty reliever Brent Suter only to watch him walk in free agency.
It’s less likely they’ll do so with Díaz. Heyman reports that the team declined to engage in extension discussions with the 33-year-old catcher. If Colorado isn’t interested in keeping him beyond this season, they’re better off taking the best offer on the table by July 30. Díaz isn’t a qualifying offer candidate, so they wouldn’t get any compensation if they let him depart via free agency.
While the return wouldn’t be huge, Díaz has probably played well enough to net Colorado a mid-level prospect or two. He has career marks in batting average (.296) and on-base percentage (.340). Díaz’s overall .296/.340/.417 batting line is around league average after accounting for Coors Field, as measured by wRC+. That’s more than adequate for a catcher.
An acquiring team probably wouldn’t expect Díaz to match that level of production down the stretch. He’s hitting .347 on balls in play, a mark he’ll have a tough time maintaining. Díaz doesn’t hit the ball especially hard and isn’t going to beat out many infield hits. There’s room for regression while remaining a passable hitter at the position. Catchers around the league are hitting .236/.300/.381 this season.
Perhaps more importantly, Díaz has dramatically improved his defensive grades. For most of his career, the Venezuela native has rated as a subpar pitch framer. That’s not the case in 2024, as Statcast has lauded his receiving skills in more than 400 innings. Díaz has always had a strong arm and been very effective at controlling the running game. He’s doing so again, cutting down 14 of 45 stolen base attempts (31.1%). That’s well better than the 22.1% league average.
Díaz is in the final season of a three-year extension that he signed during the 2021-22 offseason. He’s playing on a $6MM salary. There’s a little less than $2.6MM remaining on that tab. That’ll be down to around $2MM by the deadline. Díaz’s contract shouldn’t be too much of an impediment to a trade. Some teams are reluctant to trade for catchers midseason because of the challenges of quickly adjusting to a new pitching staff, but Díaz could work as part of a timeshare with an in-house catcher.
The Cubs and Rays are fringe contenders but could look for catching help if they stick in the playoff mix. Díaz’s former team in Pittsburgh hasn’t gotten much from the position, while the Mariners may look for a better backup behind Cal Raleigh to keep Mitch Garver working primarily at designated hitter.
Díaz and Jacob Stallings are the only true catchers on Colorado’s 40-man roster (though Hunter Goodman can play there in a pinch). They’re each impending free agents, and Stallings has also played well enough to be viable trade candidate.
A trade of one or both veterans could open some late-season reps for Drew Romo. The 35th overall pick in the 2020 draft, Romo is hitting .300/.331/.494 in 66 games with Albuquerque. Colorado will need to select his contract by November to keep him out of the Rule 5 draft. They could take the final few weeks of the regular season to give the 22-year-old his first look against MLB arms.