As the Cardinals head into the deadline as likely sellers, a handful of the club’s players are getting significant attention on the trade market. Of the team’s major pieces, no player is more likely to be moved than closer Ryan Helsley, a free agent after the 2025 season. The Dodgers and Mets have already been connected to Helsley in some capacity this summer, while the Phillies were known to have interest in the closer earlier this year and the Blue Jays were among the clubs to check in on his availability this past offseason. MLB.com’s Mark Feinsand reports that all four of those teams remain current suitors for Helsley, and adds two more interested teams to the pile: the Rangers and the Yankees.
Helsley, 31, is arguably the best rental reliever on the trade market this summer. A two-time All-Star, Helsley sports a strong resume as one of the top closers in the sport. He’s posted a 2.03 ERA with a 2.55 FIP across 203 2/3 innings of work since the start of the 2022 season. Along the way, he’s picked up 102 saves and struck out batters at a 32.9% clip. It’s an undeniably elite profile, and while his 2025 numbers may not be quite on that level he’s still been fantastic for the Cardinals this year. In 36 innings of work, Helsley has posted a 3.00 ERA with a 26.1% strikeout rate and converted 21 saves in 26 opportunities. Those five blown saves have already matched a career high, but Helsley still figures to be very attractive in a market where other rental closers like Raisel Iglesias and Kenley Jansen come with blemishes of their own.
There are other relievers who are surely more attractive than Helsley available, but each of those elite closers come with team control beyond the 2025 season and as such will cost significantly more in terms of prospect capital. Helsley could be a more affordable option for clubs who balk at the prices of Jhoan Duran, David Bednar, Pete Fairbanks and others—particularly after Guardians closer and likely trade candidate Emmanuel Clase was effectively taken off the market by a sports betting investigation. Clase’s exit from that market will likely further incentivize other clubs with controllable relief talent to keep their prices elevated, and reporting earlier today suggests that the Pirates are asking interested clubs for a package headlined by a prospect within that their organization’s top five in exchange for Bednar.
That could make Helsley a particularly intriguing addition for clubs that aren’t especially keen to give up top talent, and the Yankees and Rangers may both fall into that bucket to some degree. There have been some signals that Aaron Judge’s elbow injury has pushed the club to consider being less aggressive than usual this summer, and when teams would surely be asking for top talents like George Lombard Jr. and Spencer Jones in exchange for top controllable relief arms it could make sense for the Yankees to prioritize a more affordable rental player like Helsley. On the other hand, with Devin Williams already in the fold the club may be comfortable looking at relievers without Helsley’s closing experience like Danny Coulombe or perhaps even teammate Phil Maton.
The Rangers, meanwhile, appear to be leaning heavily towards buying and have already been connected to Bednar today. Texas has no established closer in the fold so, someone like Helsley to lock down the ninth inning could be very valuable for them. With that said, the team has a solid but not excellent 47.9% chance of making the playoffs according to Fangraphs. Another complicating factor is the luxury tax, which ownership appears determined to avoid paying into this year. Helsley’s $8.2MM salary is hardly exorbitant and the Rangers would only have to pay a pro-rated portion of it to cover the final two months of the season, but perhaps the club would prefer to focus on someone like Bednar who would be under control for next year and come with less of a short-term financial burden.
Given that Helsley is a rental, any team that acquires him will have to battle it out for his services in free agency barring a surprise extension. That’s a battle that very well could include the Cardinals themselves, as Derrick Goold of the St. Louis Post-Dispatch writes today that Helsley has made clear to the club that he would be willing to return to St. Louis via free agency this offseason even if he winds up being traded over the coming days. It’s far from common for traded rentals to return to the club that dealt them the following winter, but Helsley has long indicated he would like to remain in the organization beyond this season. Goold notes that it has occurred in a few high-profile cases in recent years, such as with Aroldis Chapman and the Yankees at the 2016 trade deadline as well as Jeurys Familia and the Mets back in 2018.