The Braves have claimed infielder Ha-Seong Kim off waivers from the Rays, according to announcements from both clubs. Ken Rosenthal of The Athletic reported the claim prior to the official announcements. Atlanta transferred Austin Riley to the 60-day injured list to open a 40-man spot. Riley is done for the season following core surgery.
It wasn’t previously reported that Kim was on waivers, but it seems the Rays quietly put him out there to try to shed his contract. Atlanta obliged, so the Rays will get out from under that deal. Tampa signed him to a two-year, $29MM pact in the winter. He is making $13MM this year, with just under $2MM left to be paid out. The second year is a $16MM player option.
That deal was the Rays betting on Kim being able to play at his usual level after shoulder surgery finished his 2024 campaign. Over the 2022 through 2024 seasons with the Padres, Kim had slashed .250/.336/.385 for a 106 wRC+. He had stolen 72 bases in that span and received strong grades for his defense at second base, third base and shortstop. FanGraphs credited him with 10.5 wins above replacement for that three-year span.
With the surgery, he was expected to be on the injured list to start 2025, which dampened his market. Some argued he was trending towards a nine-figure deal before he got hurt. Instead, he opted for the short-term, opt-out structure. Ideally, it would have worked great for both sides. If Kim had bounced back to his previous levels of performance, he could have taken the shortstop job in Tampa and then opted out. At that point, the Rays could have given him a qualifying offer and received compensation as he returned to the open market in search of a larger guarantee.
It has not played out that way. He was initially reinstated from the IL in early July. Since then, he has twice gone back on the IL due to back problems. Around the IL stints, he has played in 24 games and produced a measly .214/.290/.321 line.
Given that performance and the injury absences, it’s possible that Kim is trending towards triggering his player option. That would have put $16MM on Tampa’s books for next year. That’s not a massive sum and the Rays have very little committed to next year’s club, but they are also dealing with plenty of uncertainty.
Due to the hurricane damage to Tropicana Field, they have had to move to George Steinbrenner Field, normally a minor league facility. That move has undoubtedly led to a lot of unforeseen costs and presumably less revenue than usual. Work is still being done to get The Trop ready for 2026 and it’s unclear how that will play out. On top of all that, the franchise is actively being sold and it’s unclear what sort of payroll the new owners will give the front office as they focus on building a new stadium.
More to come.