Whenever transactions are again permitted to take place, A’s first baseman Matt Olson is among the most prominent names who’ll be discussed on the trade market. The 2021 All-Star and two-time Gold Glover has already been linked to the Yankees, Rangers and Braves, among others, and Dennis Lin of The Athletic suggests in his latest mailbag column that the Padres figure to be “in the mix” on Olson as well. President of baseball operations A.J. Preller has already at least touched base with the Oakland front office as part of a broader sweep of exploratory trade talks throughout the league, per Lin.
Interest notwithstanding, the Padres seem like a long shot to actually pull off a deal involving Olson for myriad reasons. San Diego already has Eric Hosmer installed at first base and signed for another four seasons at a total of $59MM. The Friars have reportedly pursued various trade scenarios involving Hosmer in an attempt to create payroll flexibility and reduce their luxury-tax ledger, but those efforts have unsurprisingly come up short.
Hosmer’s eight-year, $144MM deal with the Padres was widely panned from the start, and the first baseman’s tepid .264/.323/.415 batting line (99 wRC+) since signing hasn’t made the final four years of the contract any more appealing (though it should be noted that the contract is frontloaded, with Hosmer earning $20MM in 2022 and $13MM annually from 2023-25).
The universal designated hitter is viewed as something of a foregone conclusion by now, so one can imagine a scenario where Hosmer spends more time at DH and Olson plays first base. However, that’d still move the Padres’ payroll north by a good margin. Olson is projected by MLBTR contributor Matt Swartz to earn $12MM in 2022 before commanding one more raise in his final arbitration season in 2023. San Diego already has about $199MM on the books for the 2022 season, per Roster Resource’s Jason Martinez, in addition to about $215MM worth of luxury-tax obligations. The Padres narrowly exceeded the luxury tax in 2021, but it’s unclear whether they’d be willing to do so again in 2022 — particularly if it’s by a larger margin. Lin notes that owner Peter Seidler has “steadfastly declined” to discuss payroll and luxury tax to this point.
That $215MM figure is a substantial factor in the Padres’ reported efforts to move Hosmer and/or right fielder Wil Myers (who’s owed $21MM in the final season of a six-year, $83MM extension himself). Perhaps if the Padres could find a way to shed one or both salaries, the subsequent luxury breathing room could then be make a potential Olson acquisition more feasible. That, however, would require time to be on the Padres’ side — which is not the case. Post-lockout transactions are expected to be frenetic, and it doesn’t figure to be easy for Preller & Co. to find a trade involving Hosmer or Myers. The San Diego front office has been investigating trades involving the pair for at least the past year, after all — and longer than that with regard to Myers. If an Olson acquisition is predicated on moving Hosmer and/or Myers, it’s hard to imagine there’d be time to complete that deal then circle back to the A’s.