The Rockies are in agreement with Mickey Moniak on a one-year, $1.25MM contract, report Mark Feinsand and Thomas Harding of MLB.com. The Angels released the former first overall pick yesterday. Moniak, a Wasserman client, has a little over three years of service time and is technically controllable through 2027 via arbitration. Colorado has not announced the signing. They opened a 40-man roster spot by waiving Greg Jones, who was claimed by the White Sox this afternoon.
Moniak had gone to an arbitration hearing with the Halos. He prevailed and was awarded a $2MM salary. However, arbitration salaries are only fully guaranteed if the player and team mutually agree to them without a hearing. The distinction was introduced in the most recent collective bargaining agreement, at least partially to incentivize players to agree to deals without going to hearings.
Players who go to a hearing (regardless of whether they win or lose) are only guaranteed termination pay until the beginning of the regular season. Players released before or early in Spring Training receive 30 days termination pay; those released within 15 days of Opening Day are guaranteed 45 days termination pay. Moniak obviously fell into the latter bucket, so he received roughly $484K from the Angels when he was cut loose.
That’s on top of the money he’s guaranteed from the Rockies, meaning he has now locked in around $1.73MM for this season. That’s about $270K below what he had won in the hearing, but it’s roughly $230K above the Angels’ $1.5MM filing figure during the arbitration process. Moniak lands just shy of the midpoint between his and the Halos’ respective filing numbers.
Moniak, a lefty-hitting center fielder, has spent the last two seasons playing a semi-regular role with the Angels. He had a productive 2023 season, hitting .280/.307/.495 with 14 homers in 85 games. A massive 35% strikeout rate made it unlikely he’d be able to keep up that production. His numbers indeed fell off last season, as he hit .219/.266/.380 over 418 plate appearances. Moniak cut his strikeout rate to a slightly more palatable 27.3% mark, but that came with a dramatic drop to his ball-in-play results.
The Angels are moving Mike Trout to right field this season. That reopened the path for Moniak and another former top prospect, Jo Adell, to work as a center field platoon. Moniak had a terrible Spring Training, batting .191 while striking out 18 times in 58 plate appearances. Adell’s numbers were even worse (.172/.194/.375 in 67 PAs), but the Angels decided to move on from Moniak and cut a little more than $1.5MM from their payroll.
Moniak projects as a fourth outfielder in Colorado. Brenton Doyle is one of the better all-around center fielders in MLB. Jordan Beck, Sean Bouchard and minor league signee Nick Martini round out the corner outfield after last week’s Nolan Jones/Tyler Freeman swap. The signing probably doesn’t bode well for Sam Hilliard, another left-handed hitter who was slated to work as the fourth outfielder. Moniak and Hilliard are both out of options, so they’ll need to break camp or be exposed to waivers. Moniak is clearly going to make the team. Hilliard batted .137 while striking out nearly half the time this spring.
Image courtesy of Jesse Johnson, Imagn Images
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