Red Sox Slugger Predicted Not To Receive $21 Million Offer To Stay In Boston

Will the Red Sox reunite with their home run leader?
Sep 20, 2024; Boston, Massachusetts, USA; Boston Red Sox left fielder Tyler O'Neill (17) high-fives center fielder Jarren Duran (16) after scoring a run against the Minnesota Twins during the fourth inning at Fenway Park. Mandatory Credit: Brian Fluharty-Imagn Images
Sep 20, 2024; Boston, Massachusetts, USA; Boston Red Sox left fielder Tyler O'Neill (17) high-fives center fielder Jarren Duran (16) after scoring a run against the Minnesota Twins during the fourth inning at Fenway Park. Mandatory Credit: Brian Fluharty-Imagn Images / Brian Fluharty-Imagn Images
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How will the Boston Red Sox navigate the wrinkle of the qualifying offer this winter?

When players hit free agency, their teams have the option to offer them a binding, one-year contract worth a set price depending on the year. If the free agent accepts the contract, they are locked into that salary and cannot pursue other offers, but if they reject and sign elsewhere, the offering team receives draft pick compensation.

This year's qualifying offer has officially been set at $21.05 million, which is no small chunk of change when factored into the Red Sox's or any team's payroll. And Boston will soon have to make a difficult decision on whether or not to hand that chunk of change to its 2024 home run leader.

29-year-old Tyler O'Neill, who arrived in Boston last December in a trade with the St. Louis Cardinals, had some fantastic moments in his lone season with the Red Sox, highlighted by his 31 home runs, the second-most of his career. But he also struck out a ton, remained injury-prone, and hasn't looked like the athlete he was early in his St. Louis days.

It's a close call, but one insider has made up his mind. Sean McAdam of MassLive believes the Red Sox should still pursue a reunion with O'Neill, but not offer him the binding qualifying offer.

"The $21.05 million would also constitute an overpay," McAdam said. "But the Red Sox are desperate for balance in their lineup and will need a righty power bat from somewhere. And while a one-year deal at this number would be more than O’Neill is worth, the Red Sox would be limiting their liability by signing him for a single season — not a small factor when you consider his injury history."

"Best guess: the Red Sox will forego a qualifying offer and attempt to entice O’Neill with a shorter deal that includes some language to protect them should injuries limit him. Whether that’s enough to retain him remains to be seen."

McAdam's logic makes sense, because the Red Sox are more well-prepared to lose a bat of his caliber than most teams with all the prospects on the way. But it's hard to see how this scenario winds up in a reunion.

Not tendering O'Neill the qualifying offer seems like a sign that he likely isn't coming back. There are too many teams that need a right-handed bat that will be willing to pay a premium price for his slugging potential. If Boston isn't one of those teams, he'll gladly take his talents elsewhere.

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Jackson Roberts
JACKSON ROBERTS

Jackson Roberts is a former Division III All-Region DH who now writes and talks about sports for a living. A Bay Area native and a graduate of Swarthmore College and the Newhouse School at Syracuse University, Jackson makes his home in North Jersey. He grew up rooting for the Red Sox, Patriots, and Warriors, and he recently added the Devils to his sports fandom mosaic. For all business/marketing inquiries regarding Boston Red Sox On SI, please reach out to Scott Neville: scott@wtfsports.org