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By 5:00 PM CT on Tuesday, November 19th, MLB teams must file their "reserve lists," which is to say they must add eligible minor-league players to their 40-man rosters lest those players be exposed to the Rule 5 Draft when it takes place on December 11th.
For front offices, this is always a balancing act. Certainly you want to avoid the risk of losing talented and promising players from the organization for nothing, but you also must be mindful of preserving 40-man flexibility in order to add impact talent. (For the Twins, that might be less of a concern this offseason.)
Before we get started, it's worth pointing out that Minnesota's front office has a fair amount of roster space to play around with. Below you can find a current snapshot of their 40-man layout, which includes five open spaces plus a few others occupied by arbitration-eligible players who could be released by the non-tender deadline (Nov. 22).
So the Twins can theoretically afford to be pretty liberal in handing out 40-man spots for players that they have any level of concern over losing. The flip side, though, is that rostering prospects puts their option clock into motion, so there is long-term risk in making this move with players who are still a distance from MLB readiness.
Here are eight prospects in the Twins organization who have reached Rule 5 eligibility, and would have a reasonable shot at being selected next month, but are not yet on the 40-man roster. For each, I've assigned a percentage chance of being protected by Tuesday's deadline, along with a bit of reasoning why.
Marco Raya, RHP
Probability: 100%
Why Protect Him: Raya is one of the best prospects in the Twins organization, ranked 10th by Twins Daily, and he's certainly one of the system's highest-caliber arms. Propelled by a standout slider, he owns a 3.75 ERA in 225 minor-league innings despite being pushed aggressively from a competitive standpoint. Raya finished this year at Triple-A as a 22-year-old, and has the potential to massively impact next year's team. He would definitely be taken, so the Twins will definitely protect him.
Ricardo Olivar, OF/C
Probability: 90%
Why Protect Him: His interesting defensive profile is a big draw for the underrated Olivar, who once again split time between catcher and left field in 2024 while climbing to Double-A. Olivar's useful glove(s) would make him fairly easy to stash on a major-league bench even if you don't believe his intriguing bat – disciplined, but a bit low on power so far – is ready for prime-time. Given their future question marks at the catcher position and their perpetual need for right-handed hitters, I can't see the Twins letting Olivar get away.
Kala’i Rosario, OF
Probability: 60%
Why Protect Him: Another potentially high-quality right-handed bat. He's got a big swing with a lot of raw power and a lot of whiff. Coming off a breakthrough season at Cedar Rapids in 2023, Rosario took a step backward and missed time with injury in 2024. But he held his own as a 21-year-old at Double-A, slashing .235/.321/.405 with 19 doubles and eight homers in 56 games. If left available for the Rule 5, I could see a team like Oakland snatching him and stashing him in an outfield corner or something, akin to Detroit poaching Akil Baddoo in 2021.
Christian MacLeod, LHP
Probability: 50%
Why Protect Him: Simply put, the Twins really need left-handed pitchers. They currently have two on their 40-man roster, and they (Brent Headrick and Kody Funderburk) are fringe major-league talents. That's probably also true of MacLeod, but a little quantity wouldn't hurt. The former fifth-rounder from 2021 has rebounded from elbow surgery with a couple solid seasons, and he missed a lot of bats in Double-A this year despite upper-80s velocity. Southpaws who can get strikeouts are always in demand. I think whether or not they give MacLeod a spot on the 40-man roster will tell us much about the front office's ambitions (or lack thereof) to address this need externally.
Rubel Cespedes, IF
Probability: 35%
Why Protect Him: Although Cespedes hasn't played above Single-A, he's a relatively polished player at age 24. His seemingly pedestrian numbers in the pitcher-friendly Midwest League (.282/.346/.431 in 463 PA) are stronger in context than they appear at first glance. He's a lefty hitter who can capably play third and second in addition to first. That's the kind of positional prospect depth Minnesota would like to keep around, but it might be a stretch to envision him getting selected.
Will Holland, IF
Probability: 20%
Why Protect Him: Slick fielder who experienced a first-half offensive breakout in St. Paul, posting a .983 OPS before a broken leg ended his season in June. Those are really impressive numbers from a guy who can handle shortstop and center, but he was 26 playing in an inflated offensive environment. The previous year Holland put up a .606 OPS in Double-A. I wonder if the Twins are viewing him now similarly to how they viewed DaShawn Keirsey Jr. a year ago. (Incidentally, Keirsey went unprotected and unselected, but ended up getting some run for the Twins and is now on the 40-man roster.)
Travis Adams, RHP
Probability: 10%
Why Protect Him: He’s worth mentioning as a fairly live arm that saw some success at Double-A (3.67 ERA in 108 IP) and reached Triple-A at 24, but I'm not sure Adams ranks highly enough in the pitching pipeline hierarchy to justify carving out a spot for.
Noah Cardenas, C
Probability: 10%
Why Protect Him: The Twins need to have capable catchers handy. Cardenas hasn't shown he can hit (.173 AVG at Double-A last year), but he's a seasoned backstop with good defensive skills and he's 25. This is the kind of addition I could see the front office making if they planned to trade Christian Vázquez or Ryan Jeffers.
What do you think? Did I miss any noteworthy names on this list? Are my odds too high or too low for any of these players? Let me know in the comments.
Interested in learning more about the Minnesota Twins' top prospects? Check out our comprehensive top prospects list that includes up-to-date stats, articles and videos about every prospect, scouting reports, and more!
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- mikelink45, nclahammer, glunn and 1 other
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