The St. Louis Cardinals may have the best reliever on the market this summer. Closer Ryan Helsley has been electric this season. He is one part of the team's three-headed monster in the back of the bullpen with JoJo Romero and Andrew Kittredge.
Bob Nightengale of USA Today, John Denton of MLB.com, and Derrick Goold of the Post-Dispatch have all listed Helsley as a possible trade candidate within the last week. Denton mentioned the Cardinals' concern over Helsley's history of arm injuries and lingering unhappiness surrounding his arbitration hearing last offseason.
Helsley has a 1.42 ERA, 1.93 FIP, 0.84 WHIP, and he has struck out 29.2% of batters he's faced while walking just 2.8% of them. Those numbers are some of the best among all relievers, and since Helsley moved solely to a reliever role, he's been able to thrive.
This has created a double-edged sword for the Cardinals. Helsley isn't a free agent until after the 2025 season, and it's possible he's even moved back to being a starting pitcher next year after seeing Jordan Hicks's success in that transition this year with the San Francisco Giants. That is a lot of value in a player who is still arbitration-eligible.
Whether Helsley guts it out as a closer for the next year and a half or he moves back to the rotation, he will still experience success and help the team tremendously.
Conversely, that means that Helsley has a ton of value, especially for teams looking for bullpen help in the playoffs. Similar to last year, the Cardinals could enter a retool by moving some relievers. Via trades of Jordan Hicks, Genesis Cabrera, and Chris Stratton, John Mozeliak was able to beef up a prospect group in desperate need of players; the same can be accomplished this year.
Every team needs pitching come playoff time; it's an essential ingredient in shortening high-leverage games. Helsley's experience and prowess late in games will be tantalizing to several contending teams. Due to his accomplishments in high-leverage situations, his remaining team control, his price, and his potential to return to the rotation next year, the Cardinals could ask for quite a bit in exchange.
Paul Sewald is probably the best comp for a Ryan Helsley trade. Last year, the Seattle Mariners traded their closer to the Arizona Diamondbacks. Sewald had a similar career to Helsley up to that point in his career, though he was significantly older (33 years old). Helsley comes with a higher ceiling than Sewald, though his injury concern is greater.
The Mariners received Josh Rojas, a utility infielder with a below-average bat, Dominic Canzone, an undersized outfielder with a bit of pop who was ranked as the team's 22nd-best prospect last year, and Ryan Bliss, a former second-round pick who hit well in AA last year.