Setting the Market: Jurickson Profar Seeks 3-Year Contract, Establishing Benchmark for Fellow Free Agent

With Juan Soto signed and both Kyle Tucker and Cody Bellinger traded, some of the top outfielders still available this offseason include Anthony Santander, Teoscar Hernández and Jurickson Profar. Per recent reporting, Santander is looking for a five-year deal and Hernandez is looking for three. Jeff Passan of ESPN reports today that Profar is “looking for a deal in the three-year-plus range.”

Those asks are roughly in line with preseason expectations. As part of MLBTR’s annual Top 50 Free Agents post, Santander was predicted for $80MM over four years, Hernández for $60MM over three, and Profar $45MM over three.

The three players have some similarities. Each is considered a subpar defender in an outfield corner. None is particularly threatening on the basepaths. Hernández does have 83rd percentile sprint speed but has never swiped more than 12 bags in a season and might not top that now that he’s 32 years old.

But all three are above average hitters. Profar is actually coming off the strongest 2024 season of the three, but he’s been far less consistent in his career. His 2023 season was so poor that he settled for a $1MM guarantee from the Padres last offseason.

That turned into a remarkable bargain for the Friars. Profar has always had good plate discipline and that didn’t change this year, as his 15.1% strikeout rate and 11.4% walk rate were each a few ticks better than average. But when he made contact, he did more damage than ever before. His 24 home runs and 158 hits were both career highs. His .302 batting average on balls in play was the best of his career, but so was the quality of his contact. His average exit velocity of 91.1 miles per hour was a few ticks above his previous best of 87.5 mph. His 44.4% hard hit rate was far higher than his previous personal best of 34.3%.

The overall result was a .280/.380/.459 batting line and a 139 wRC+, indicating he was 39% better than league average. Hernández and Santander had a 134 and 129 wRC+ this year, respectively. Profar’s defense wasn’t graded strongly but he did add ten steals this year, tying a career high. Overall, FanGraphs considered him to be worth 4.3 wins above replacement on the season, with Hernandez at 3.5 fWAR and Santander at 3.3.

But as mentioned, consistency has not been Profar’s forte, something that MLBTR has covered previously. His offense has seesawed between below and above average in alternating years, dating back almost a decade now. Starting from 2017 and going to the present, his wRC+ numbers have been 36, 107, 90, 113, 87, 110, 78 and 139. Hernández had a dip with Seattle in 2023 but has otherwise been in the 130-145 range from 2020 to the present. Santander has been between 119 and 129 in three straight seasons now.

There’s some risk in taking a three-year bet on Profar, hence the lower predicted contract. But if the Statcast data points to any kind of real change in approach and the contracts end up roughly in the predicted areas, then he has a chance at being the best investment of the three.

Profar’s market has been relatively quiet thus far. He and the Padres each desire a reunion but he hasn’t been connected to any other clubs. The mutual interest between him and the Friars isn’t surprising. San Diego’s president of baseball operations A.J. Preller clearly has an affinity for Profar. Preller was working for the Rangers when that club signed Profar as an amateur and has since signed Profar to the Padres many times. After Profar had an unsuccessful sojourn with the Rockies, he spoke openly of how happy he was to eventually return to San Diego.

However, the financial situation might stand in the way of another reunion. RosterResource projects the Padres for a payroll of $210MM next year, well beyond their 2024 payroll of $169MM. It’s been reported that they need to get trim that projection down, probably closer to their 2024 number. That’s led to rumors of players like Dylan Cease, Luis Arráez and others being available in trades, so signing Profar to a notable three-year deal is hard to see at the moment.

Teams like the Blue Jays, Red Sox, Dodgers and Yankees have been connected to Hernández and Santander this winter and it stands to reason that they would have at least some interest in Profar as well. The Astros, Reds, Pirates, Royals and other clubs are logical fits for corner outfield help.