While the Giants aren’t actively shopping hard-throwing righty Camilo Doval this winter, Susan Slusser of the San Francisco Chronicle reported earlier today that the club is receiving “strong” interest in his services around the league.

Doval, 27, is an intriguing trade candidate even after an undeniably lackluster 2024 campaign. The right-hander was an All-Star in 2023 who led the National League in saves and turned in his second consecutive excellent season as the closer in San Francisco, but 2024 saw him struggle with uneven performance throughout the year. That led the Giants to option him to the minors for a brief period in August, and upon his return to the majors he was replaced by right-hander Ryan Walker in the closer role. Overall, Doval pitched to a 4.88 ERA with a 3.71 FIP this past year with a strong 28.8% strikeout rate that was overshadowed by a massive 14.4% walk rate.

Difficult as 2024 was for Doval, it’s hard to deny the right-hander’s talent. Entering this year, Doval’s career numbers were nothing short of elite. In 162 1/3 innings of work across three seasons with the Giants prior to 2024, the right-hander dominated to the tune of a 2.77 ERA with a 2.97 FIP while striking out 30.2% of opponents, walking 9.6%, and racking up 69 saves. He combines his high strikeout rates with an excellent ability to induce contact on the ground as well, as he’s posted a 55.2% grounder rate in his career that ranks fourth among all relievers with at least 200 innings over the past four seasons. Even in his down season this year, Doval generated grounders at an incredible 60% clip that was good for seventh in the sport this year among qualified relief arms.

While the wide chasm between Doval’s ERA and FIP along with an elevated .333 BABIP and a below-average 68.2% strand rate might suggest Doval was simply unlucky in 2024, there are plenty of red flags that figure to give potential suitors pause. That walk rate is surely particularly concerning to interested clubs, seeing as it was the second-highest figure among qualified relievers last year. Only southpaw Aroldis Chapman walked batters at a higher clip than Doval, and Chapman’s 37% strikeout rate last year dwarfs even Doval’s best figures in his career. As tantalizing as the upside surely is for a hard-throwing ground ball specialist like Doval who has three years of team control remaining, his concerning 2024 campaign could make rival clubs cautious about paying a premium for the righty.

If the Giants believe Doval is likely to bounce back to his previous form in 2025, it would be a bold choice for the club to move him for what would surely be a lower price than he could garner following a dominant season—or even half of one, should San Francisco be in position to sell at this summer’s trade deadline. Given Doval’s significant upside, the club might be better off exploring trades involving other players like LaMonte Wade Jr. or Mike Yastrzemski, both of whom are rumored to be available as well.

With that being said, Slusser suggests that the club figures to listen on “significant offers” that would address another area of need thanks in part to the club’s impressive stock of high leverage arms. Aside from Doval and Walker, the club also figures to employ Taylor Rogers, Tyler Rogers, and Erik Miller in the late innings. Jordan Hicks was also used as a late inning option down the stretch this year, but he appears likely to be ticketed for the rotation after an up-and-down season that saw him make 20 starts and enjoy some success in the role during the first half.

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