ST. LOUIS — In a development that’s added a twist to the trade deadline narrative, All-Star closer Ryan Helsley has turned down a lucrative four-year, $60 million contract extension from the Los Angeles Dodgers, choosing instead to remain with the St. Louis Cardinals — at least through the end of the current season.
Insiders told ESPN that the Dodgers’ proposal would have made Helsley among the highest-earning relief pitchers in the league. The deal was expected to be finalized in conjunction with a trade that would have sent Helsley to Los Angeles in return for a package of prospects. However, the arrangement unraveled when Helsley opted not to sign the extension.
“I feel like this is where I belong,” Helsley said in a statement on Wednesday. “I take pride in representing the Cardinals, and right now I’m focused on helping this team compete.”
Dodgers Fall Short in Aggressive Pursuit
Los Angeles, looking to shore up its bullpen following recent struggles in late-game situations, viewed Helsley as the ideal solution. Executives from around the league reportedly considered the proposed extension to be a rare move for a reliever approaching his 31st birthday.
Helsley, who won last year’s NL Reliever of the Year award, currently holds 21 saves with a 2.85 ERA and is under team control until the end of the 2025 season. His performance, including a 49-save campaign in 2024, made him one of the most valuable relievers on the trade market.
Uncertain Path Ahead for Cardinals
As they entered the day tied for the final National League Wild Card spot, the Cardinals now face a complicated roster decision. President of Baseball Operations Chaim Bloom had been weighing whether to sell off veteran talent or try a mixed strategy to stay competitive while planning ahead.
Now that Helsley has chosen to remain in St. Louis, the team may shift focus to other trade possibilities. According to sources, however, no other club has matched the Dodgers’ offer in terms of prospects and guaranteed money.
“This was a personal choice for Ryan,” said Bloom. “We respect his decision. He’s earned the right to chart his own path. Our focus remains on finding the best ways to strengthen the team moving forward.”
Inside Helsley’s Decision
Though Helsley didn’t outline all of his reasons for declining the extension, those close to him said he was reluctant to leave St. Louis midseason. Others suggested he’s looking to keep his options open heading into potential free agency after 2025.
“He’s someone who values continuity and the bonds he’s built in this clubhouse,” said a person close to the negotiations. “He believes in betting on himself.”
Looking Ahead
The Dodgers must now resume their search for top-tier bullpen help before the July 31 trade deadline. For the Cardinals, Helsley’s decision keeps a key piece in place but leaves questions about whether the organization will aim for a playoff run or begin reshaping the roster.
For the moment, Ryan Helsley stays in the closer’s role — and remains one of the more compelling names in ongoing trade discussions.
