The Twins and catcher Victor Caratini are reportedly in agreement on a two-year, $14MM deal. Minnesota has a full 40-man roster and will need a corresponding move to make this official. Caratini is an ACES client.
Caratini, now 32, was a free agent a couple of years ago. He signed a two-year, $12MM deal with the Astros at that time. That pact ended up working out fairly well for Houston. The switch hitter got into 201 games over those two seasons and stepped to the plate 660 times. His 7% walk rate was on the low side but he hit 20 home runs and kept his strikeout rate down to a modest 17.9% clip. He had a combined .263 /.329/.406 line with the Astros, production which translated to a wRC+ of 108.
His work behind the plate has been more of a mixed bag. Outlets like FanGraphs, Statcast and Baseball Prospectus give him solid framing grades. FanGraphs and Statcast don’t look kindly on his work with the running game but both BP and Statcast are fond of his blocking skills.
The overall package was still worth 2.7 wins above replacement over the past two seasons, according to FanGraphs. At the beginning of the offseason, MLBTR predicted Caratini for a $14MM deal over two years. He has hit that mark exactly.
The Twins already have a pretty strong catcher in Ryan Jeffers but it’s possible to see how he and Caratini could co-exist on the same roster. Jeffers hits from the right side and has pretty noticeable platoon splits in his career. He has a .270/.371/.475 line and 138 wRC+ against southpaws but a .226/.299/.396 line and 94 wRC+ otherwise. The switch-hitting Caratini has generally been more balanced. He had a .208/.306/.434 line and 108 wRC+ against lefties last year and a .268/.327/.399 line and 104 wRC+ against righties.
Caratini has also dabbled at first base, with 463 2/3 innings at that spot in his career, including 97 last year. The Twins project to have Josh Bell at first base, another switch hitter. Bell has pretty neutral career splits but hit just .151/.250/.302 against lefties last year. A tiny .162 batting average on balls in play surely hurt him in the split but the Twins might want to at least have a contingency plan in place in case Bell’s struggles against southpaws continue.
Perhaps the plan is for Caratini to share time with Jeffers behind the plate, occasionally protecting him from tough righties, while also playing first on occasion. With Jeffers an impending free agent, Caratini could then take on a more prominent role in 2027.
It’s also possible that Jeffers ends up on the trade block. He will make $6.7MM in his final year before hitting the open market. Signing Caratini and then flipping Jeffers would be a relatively cash-neutral move for the Twins, which would bring back whatever Jeffers could get on the trade market.
The Twins also have Alex Jackson on the roster. He was acquired from the Orioles in November. He and the Twins avoided arbitration earlier this month by agreeing to a $1.35MM salary. Jhonny Pereda is also on the 40-man but he is still optionable and could be kept in Triple-A.
If the Twins plan to hang onto both Caratini and Jeffers, then Jackson could get squeezed from the roster, since he is out of options. If he were to be passed through waivers, he would likely stick around as non-roster depth. He has more than three years of service time but less than five. That means he would have the right to elect free agency but would have to forfeit his remaining salary commitments in exercising that right.
Time will tell about the domino effects. For now, the Twins have made a modest upgrade to their roster. Minnesota is looking to scale back payroll relative to 2025 but have some powder dry. They cut a lot of money from the budget last year by trading Carlos Correa and almost their entire bullpen. It’s been suggested they could look to start the 2026 season in the range of $115MM. RosterResource pegs them at $107MM, assuming the Caratini guarantee is evenly distributed.
The bullpen could still use a bit of help and maybe they still have some spending capacity for that. Trading Jeffers would give them a bit more breathing room, while also potentially bringing back something useful.
For the catching market more generally, it’s possible there’s a mini run happening here in the middle of January. The offseason started with J.T. Realmuto as the top available free agent, followed by Caratini and Danny Jansen. The Rangers non-tendered Jonah Heim in November and then signed Jansen in December but the market stayed on the quiet side for a while, perhaps due to the Phillies exploring the possibility of signing Bo Bichette. Going down that road likely would have prevented the Phils from having enough money to re-sign Realmuto.
In the past 24 hours, a lot has changed. The Dodgers reached a deal with Kyle Tucker. The Mets, who were hoping to sign Tucker, pivoted to Bichette via a short-term deal with big average annual values. The Phils, who offered Bichette a longer deal with less annually, then pivoted to reaching a new agreement with Realmuto.
That left Caratini as the clear top option remaining in free agency. According to Bob Nightengale of USA Today, the Phils viewed him as a backup plan if they didn’t get something done with Realmuto. It is perhaps not a coincidence then that the Twins have snatched up Caratini just a few hours after the reported of Realmuto going back to Philly.
The Astros had some interest in bringing Caratini back but figured he would get a better paycheck and a bigger role elsewhere, reports Chandler Rome of The Athletic. Just before this reported agreement with the Twins, Chris Cotillo of MassLive floated Caratini as a potential fit for the Red Sox. There are presumably other teams looking for catching upgrades as well.
With Realmuto and Caratini both coming off the board today, the market looks noticeably less exciting. Heim is one of the more notable free agents still available, alongside Luke Maile, Elias Díaz, Reese McGuire, Christian Vázquez, Mitch Garver and Gary Sánchez. Perhaps that will work to Minnesota’s advantage if they are looking to make Jeffers available.
Robert Murray of FanSided first reported the Twins and Caratini had a two-year deal. Mark Feinsand of MLB.com reported the $14MM guarantee. Photos courtesy of Brett Davis, Tim Heitman, Imagn Images