Report: Oakland A’s trade ace Frankie Montas to Yankees, take another big step in rebuild

Montas was considered one of the top starting pitchers available at this year's trade deadline.

After the A’s dealt fan favorites Chris Bassitt, Matt Chapman, Sean Manaea and Matt Olson elsewhere this spring, it was only a matter of time before ace Frankie Montas was the next top performer to be sent to a new squad.

Ahead of Tuesday’s MLB trade deadline, Montas’ time has arrived.

According to multiple reports, the A’s sent Montas and right-handed reliever Lou Trivino to the New York Yankees in exchange for four prospects in what’s expected to be one of the biggest trades of the summer. According to YES Network analyst Jack Curry, the A’s acquired pitching prospect JP Sears, left-handed pitching prospect Ken Waldichuk, infield prospect Cooper Bowman and right-handed pitching prospect Luis Medina.

Montas, a right-handed starter with an elite fastball-splitter combination, posted a 3.18 ERA in 19 starts for the A’s this season while striking out more than a batter per inning. He’ll be immediately counted on to slot in a Yankees rotation featuring Gerrit Cole and Nestor Cortes. The Yankees are in first place in the American League East, 11.5 games up on the Toronto Blue Jays. Montas will hope to build upon a postseason résumé that includes just two playoff appearances, both of which came in 2020 against the Chicago White Sox and Houston Astros.

According to MLB.com, Waldichuk –who played college ball at Saint Mary’s in Moraga– is the top prospect the A’s added in the deal and was ranked as the No. 5 prospect in the Yankees’ farm system. Per MLB Pipeline rankings, Medina was the Yankees’ No. 10 prospect, Sears was the No. 20 prospect and Bowman was the No. 21 prospect.

Montas was considered one of the top starters available at this year’s trade deadline because he won’t become a free agent until after the 2023 season, giving him two opportunities to help his new team in playoff pushes. After the Reds and Mariners helped set the trade market for starting pitchers in a deal last week that sent right-hander Luis Castillo from Cincinnati to Seattle for three top prospects, there was little doubt the A’s would be motivated to move Montas for a prospect haul that should inject more life into a rebuilding process that began at the beginning of last offseason when Oakland allowed manager Bob Melvin to leave town for the same job with the San Diego Padres.

The move further depletes an A’s rotation that has fared better than expected thanks to a breakout season from All-Star Paul Blackburn and consistent performances from lefty Cole Irvin. But without Bassitt, Manaea and Montas, the last-place A’s are a shell of the 2021 team that narrowly missed a fourth consecutive playoff berth.

In dealing Montas, who was acquired by Oakland in a 2016 deal that sent Rich Hill and Josh Reddick to the Los Angeles Dodgers, the A’s are losing their longest-tenured pitcher and a starter who finished sixth in 2021 American League Cy Young Award voting.

The trade also saves the A’s around $2 million, which is significant for a franchise led by owner John Fisher that will stop at nothing to cut costs. Montas, who is in the second of three arbitration years, is earning $5.025 million this season and is due a significant raise in 2023.

With Montas’ salary off the books, the A’s have slashed more than a projected $40 million from their payroll as arbitration-eligible starters Manaea ($9.75 million) and Bassitt ($8.8 million) agreed to salary figures with their new clubs while corner infielders Chapman (two years, $25 million) and Olson (eight years, $168 million) both signed extensions with their respective teams.