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If you’re a team looking for a bounce-back corner outfielder with a league-average bat, your search just got a little bit harder. On Monday, Jon Heyman reported that the Orioles had signed Dylan Carlson to a one-year, $975,000 deal, and on Tuesday, Ken Rosenthal reported that the Reds had signed former Oriole Austin Hays to his own one-year, $5 million deal. Both players were selected in the 2016 draft, both players got traded at the deadline only to be non-tendered after the season, and both players are projected to put up a wRC+ somewhere between 93 and 102 in 2025. In a reflection of the uncertainty surrounding Carlson, a $25,000 incentive will raise his salary to a cool million if he reaches 200 plate appearances in Baltimore. Hays’ deal has its own $1 million in incentives, but the terms have not yet been reported. These are two small-risk, small-reward moves, but context is key. The way we look at them depends a whole lot on the needs of the respective teams. Hays has more upside, but he’s joining a Cincinnati team that needs way more than a small reward in order to be a contender. Carlson has a much trickier path to playing time, but he makes sense as a depth piece in Baltimore.
Let’s start with Hays, who has a history of big league success under his belt and a much bigger role to play in 2025. Despite a strained calf, he managed to put up a 104 wRC+ with the Orioles in 2024. After a deadline trade to the Phillies, however, a hamstring strain and a debilitating kidney infection that went undiagnosed for weeks kept him to 85 wRC+ down the stretch, with zero walks in 80 plate appearances. Rather than keep Hays for an estimated $6.4 million in his last year of arbitration, the Phillies non-tendered him. Until the infection, Hays had been very consistent (and consistently average).
From 2021-23, Hays played at least 131 games each year while posting a wRC+ between 106 and 112. A hot start to the 2023 season even earned him his first All-Star nod. Going forward, however, his defensive limitations are going to keep him in left field and, in all likelihood, just below the 2.0-WAR mark, even if his bat bounces all the way back. There’s no doubt that his pull-side power and lack of range make him better suited for Cincinnati’s form-fitting left field than the blousy Baltimore outfield he’s used to. Still, Hays is entering his age-29 season, and while he could easily explode for 30 home runs in his cozy new environs, it’s hard to imagine him surpassing his career-high 2.5 WAR from 2023.
What does Hays do for Cincinnati’s depth chart? Assuming he gets plugged in as the left fielder, he moves Spencer Steer back to the infield. With Jonathan India in Kanas City, the Reds were in serious danger of merely having too many infielders rather than their usual way, way too many. However, now that Steer can rejoin Elly De La Cruz, Matt McLain, Jeimer Candelario, Christian Encarnacion-Strand, and newcomer Gavin Lux on the dirt, this infield is even more crowded than it was before the India trade. If Hays goes back to hitting like he’s capable of hitting, he could represent an upgrade in left field — not nearly enough to make the Reds look like more than a .500 ball club, but still an upgrade. If he does anything less, he will blend right into the bottom half of a Reds lineup that Dan Szymborski recently christened, “a giant bucket of ‘meh.’”
Turning our attention to Baltimore, it’s probably too late to keep dreaming on Dylan Carlson. Nonetheless, this move makes a lot of sense both for him and the Orioles. Carlson was a first-round draft pick by the Cardinals in 2016, and he eventually rose to 16th on our top 100 prospects list. He struggled in his 2020 debut — though he got hot enough down the stretch that the Cardinals batted him cleanup in their three-game Wild Card Series loss to the Padres — but put up a promising full-season campaign in 2021. That season, he batted .266/.343/.437 with 18 home runs and a 111 wRC+ across 149 games, good for 2.4 WAR and a third-place finish in the Rookie of the Year voting. And then he plunged into a spiral of injury and underperformance. He made two trips to the injured list in both 2022 and 2023 for four separate injuries; he missed a combined 29 days in 2022 with a hamstring strain and a thumb strain, and then in 2023, an ankle sprain and an oblique strain cost him a total of 76 days. While he was out with the oblique strain, he underwent season-ending arthroscopic surgery on the same ankle he’d sprained earlier that year. During spring training in 2024, he sprained the AC joint in his left shoulder in an outfield collision with human mountain Jordan Walker. That injury kept him out for the first 38 days of the season.
Carlson put up an xwOBA between .301 and .322 in every season between 2020 and 2023, and a DRC+ between 97 and 104 in every season between 2021 and 2023. When he returned from that shoulder injury, he wasn’t himself. If you don’t count his 35-game rookie season in 2020, Carlson’s 2024 season featured career worsts in walk rate, strikeout rate, contact rate, all three slash line stats, all the wOBAs, hard-hit rate, and, just for good measure, all the advanced defensive stats. He ended the season with a 67 wRC+, .209 batting average, -7 fielding runs, and -1.0 WAR. The Cardinals traded him to the Rays at the deadline, and the Rays non-tendered him after the season rather than pay him a couple million dollars in arbitration. Now, the Orioles have decided that they like him better than the $975,000 they used to have.
The projections see Carlson bouncing back to the league-average bat he was over the first four years of his career, and that’s presumably what the Orioles are expecting. However, let’s take just a moment to dream. We don’t know how much speed and power Carlson would have if he were to finally have the chance at a full, healthy season. His zone swing rate and contact rate plummeted in 2024, and you have to imagine that had something to do with his physical limitations at the plate. Over the course of his career, he’s got a solid .330 wOBA against fastballs, but Statcast puts his run value against them at -17, which speaks to an approach issue. He takes too many fastballs and whiffs at way too many fastballs, but when he hits them, he has a great deal of success. So why isn’t he looking for them more often?
Between Cedric Mullins, Tyler O’Neill, and Colton Cowser, the Orioles have a starting outfield. Between Heston Kjerstad, Daz Cameron, Jorge Mateo, and now Carlson, they have plenty of backups too, and because they’re loaded with infielders, they probably don’t have enough roster spots to keep all of them in Baltimore. The switch-hitting Carlson still has three options left, and it would make plenty of sense to see how he looks during spring training, keep him far away from any particularly mountainous teammates, and let him try to figure things out in Norfolk to start the season.
Carlson is now far removed from his days as a top prospect, but he’s still only 26 and has only once reached 500 plate appearances in a season. He’s always run solid chase and walk rates, and he showed a renewed ability to pull the ball in the air last season. The Orioles are on a pretty great run when it comes to developing young hitters. This seems like a low-risk move for them and a good landing spot for Carlson. Even if all he does is bounce back to being a league-average hitter and an average left fielder, that’s makes him a useful depth piece for a contending team.
