However, Hernandez might be looking to secure financial stability in the short term and is resisting the practice. The dispute over deferrals wasn’t the only hurdle—reports suggest the differences between Teoscar Hernandez and the Dodgers falling far apart on the contract’s annual value (AAV) and signing bonus negotiations. The Los Angeles Dodgers seem close to finalizing their outfield lineup for the 2024 season; manager Dave Roberts shared an encouraging update that a deal to bring back Teoscar is in the works and nearing completion.

Dave Roberts hints breakthrough in Teoscar Hernandez negotiations

Dodgers Beat posted a video on X in which Manager Dave Robert talked about Teoscar Hernandez resigning: “I love Teo, and so I think we are close. I pray everyone say your prayers that we get Tao done so he can come back in Dodgers Blue as well.” The Dodgers’ urgency to finalize this deal stems from their competitive offseason agenda. With Shohei Ohtani at the top of their wish list and a need to address their pitching rotation, securing Teoscar Hernandez early would provide clarity on their remaining financial flexibility.

Additionally, Hernandez fills a critical need in the outfield following the departure of J.D. Martinez and question marks surrounding other contributors. While the exact terms of the potential agreement remain unclear, industry insiders speculate the deal could land in the $60–70 million range over three or four years. If the Dodgers are indeed close to re-signing Hernandez, it could signal a compromise on both sides—perhaps a higher AAV to avoid deferrals or a structured signing bonus to sweeten the deal.

A higher AAV might have been used to compromise on Hernandez’s demand for no deferrals, enabling the Dodgers to secure their target without disrupting their long-term financial strategy. For now, Roberts’ optimism will fuel anticipation as fans await an official announcement. If the Dodgers can lock in Teoscar Hernández, it would be a significant step toward their goal of reclaiming their spot atop the National League in 2024.

Hernández’s Market Value and Alternatives

Teoscar Hernandez has emerged as one of the most sought-after outfielders in free agency. Teams value his combination of power, run production, and defensive capabilities. His market value is projected to be around $70–80 million over four years, reflecting his standout 2024 season in which he hit 33 home runs, drove in 99 RBIs, and helped the Dodgers win the World Series. While the Dodgers are eager for his return, the Boston Red Sox are also making a strong case to acquire him; their requirement for outfield strength positions the team as a legitimate threat that can lure him away.

If the discussions between the Dodgers and Teoscar Hernandez hit a snag, other free agents such as Cody Bellinger, Michael Conforto, or Hunter Renfroe could be considered viable options. Bellinger’s ability to play positions and his improved offensive stats make him an appealing but more expensive choice, whereas Conforto brings a left-handed batting option at a more affordable price. Furthermore, the Dodgers might look into trade opportunities for outfielders available in the market. Hernandez’s track record of performing under pressure and his reasonable contract expectations make him a choice for teams that want instant results without the hefty financial obligations associated.

In essence, Teoscar Hernandez’s combination of power and defense, alongside his relatively affordable market value, positions him as a high-impact option in a competitive offseason. Whether through re-signing with Los Angeles or joining a new contender, Hernandez’s next move could significantly influence the balance of power heading into 2025.