Clubs are allowed to place players on waivers without immediately removing them from the 40-man roster. It’s fairly rare that this actually happens, though the Rockies did it with Justin Lawrence just a few days ago. In that instance, the Rockies lost Lawrence when the Pirates put in a claim.
Reid-Foley, 29, has appeared in each of the past seven major league seasons. However, health has prevented him from taking on any kind of meaningful workload of late. He has never been able to throw 34 innings in a big league season. He twice got over 30 frames but hasn’t done so since 2019.
From 2018 to 2020, he served as an up-and-down depth arm for the Blue Jays. He got over 30 innings in the first two of those seasons but spent most of the shortened campaign on optional assignment. In total, he logged 71 2/3 innings with a 4.40 earned run average.
He was flipped to the Mets as part of the January 2021 trade that sent Steven Matz to Toronto. Reid-Foley logged 20 2/3 innings for the Mets that year with a 5.23 ERA but his 28.3% strikeout rate and 9.3% walk rate made for an intriguing combo. Unfortunately, some elbow inflammation sent him to the injured list that year. He avoided the surgeon’s table for a while but eventually required Tommy John in May of 2022.
He was non-tendered after that season but re-signed with the Mets via a minor league deal going into 2023. He was selected back to the roster late that year and kept his roster spot into 2024. Last year, he was placed on the injured list multiple times due to right shoulder impingements. Around those IL stints, he tossed 21 2/3 innings with a 1.66 ERA and 27.8% strikeout rate but a very high walk rate of 15.6%. He got a bit of help from a .255 batting average on balls in play and 63% strand rate. His 2.80 FIP and 3.98 SIERA were still good numbers but point to that ERA being unsustainable.
Control issues aren’t new for Reid-Foley, who now has a 14.2% walk rate in his career. Perhaps that’s due to the stop-and-start nature of his career, working around those injuries, but it’s been an ongoing theme nevertheless.
The Mets tendered Reid-Foley an arbitration contract this winter, agreeing to a salary of $800K. The righty has at least three years of service time, meaning he would have the right to elect free agency if he clears waivers and is outrighted. However, since he has less than five years of service, he would have to forfeit that salary in doing so.
Perhaps the Mets are hoping Reid-Foley will clear waivers and accept his assignment in order to keep that salary in place, which would allow them to open a roster spot and keep some depth in a non-roster capacity. But by putting him on waivers, they are risking losing him to another club. The health and the walks are a concern but some teams might be interested in his 28.8% strikeout rate since joining the Mets. Reid-Foley is out of options, but he can theoretically be controlled via arbitration through 2027.
