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Orioles Sign Ryan Helsley

By Mark Polishuk | December 1, 2025 at 5:15pm CDT

The Orioles have signed right-hander Ryan Helsley to a two-year contract that allows him to opt out after the 2026 season. It’s reportedly a $28MM guarantee for the Wasserman client, who’d also receive a $500K assignment bonus if he’s traded. The salary is evenly distributed, so Helsley will decide on a $14MM player option next winter.

Felix Bautista underwent shoulder surgery last August that will keep the closer on the injured list until at least August 2026, and that timeline means one setback could sideline Bautista for the entirety of the 2026 campaign.  As a result, the Orioles headed into the offseason looking for multiple bullpen additions, including a pitcher with past experience as a closer.

Helsley fits that description, as he racked up 105 saves as the Cardinals’ primary ninth-inning choice from 2022-25.  This stretch saw Helsley named to two NL All-Star teams, he was the NL’s Reliever Of The Year in 2024, and he even received some down-ballot Cy Young Award consideration in both 2022 and 2024.  Overall, Helsley posted a 2.67 ERA, 29.12% strikeout rate, and 9.93% walk rate over 299 2/3 innings in a St. Louis uniform, from his debut with the team in 2019 until he was traded to the Mets at last July’s trade deadline.

Given the Cardinals’ struggles over the last few seasons and Helsley’s looming free agency, it was seen as a surprise that it took so long for the reliever to be traded.  (In fact, the Orioles were first rumored to be interested in Helsley back in May 2024.)  Even trading Helsley last winter in the wake of his excellent 2024 would’ve brought a greater return back to the Cardinals, though they still landed three prospects in the midseason deal with New York.  And, considering how things went south for Helsley with the Mets, it’s hard to say the Cards didn’t come out on top in the deal.

Over 20 innings and 22 appearances with the Mets, Helsley was torched for a 7.20 ERA, with his home run rate, strikeout rate, and walk rate all going in the wrong direction.  Helsley felt he was tipping his pitches during his time in New York, but whatever the cause, the move back into a setup role behind Edwin Diaz ended up as a wash.  Helsley’s struggles were one of the many reasons behind a disastrous second half for the Mets that saw the team slowly fade out of the playoff race and ultimately fall short of the postseason.

Despite this rough stretch, close to half the league reportedly had interest in Helsley on the open market.  The Blue Jays, Cubs, and Tigers were among the many teams who saw Helsley as a bounce-back candidate and, intriguingly, Detroit and some other clubs viewed Helsley as a potential starting pitcher.  Given how Helsley has never started a game at the MLB level, it would’ve been a surprising development to see him land somewhere as a rotation candidate, but he’ll now settle into his familiar closing role in Baltimore.

MLB Trade Rumors still ranked Helsley 36th on our list of the winter’s top 50 free agents. He topped our projection of a two-year, $24MM deal, and he might end up handily topping $24MM over a two-year timeframe depending on what happens with his opt-out clause.  If he rediscovers his 2024 form, Helsley will surely choose to re-enter free agency in search of a more lucrative longer-term contract.  The Orioles might not mind that scenario if Bautista is back healthy by that point, and Helsley could then be tagged with a qualifying offer heading into free agency next winter.

Helsley brings elite velocity and spin with his 99.3mph fastball, though batters teed off on Helsley’s fastball in 2025, and his slider has been the more effective of his pitches over the last few years.  The righty has long struggled to avoid walks or hard contact, though the home run ball was never a huge issue until his brief stint with the Mets.  It obviously wasn’t the ideal platform for Helsley as he entered free agency, yet it is understandable why the Orioles still felt comfortable in making a two-year investment in his services.

Even a two-year pact counts as a big step for an O’s front office that has been pretty conservative about investing heavily in free agents.  Much of Mike Elias’ seven-year stint in charge of the baseball operations department was spent rebuilding, of course, but Tyler O’Neill’s three-year, $49.5MM deal from last winter is the only other multi-year contract Elias has even given to a free agent.  The Orioles’ disappointing 75-win performance in 2025 may have raised the urgency level, as Baltimore has been linked to a number of top-shelf names in this year’s free agent market.

Between signing Helsley and re-acquiring old friend Andrew Kittredge, the back end of the Orioles’ bullpen looks much sturdier than it did at season’s end.  More relievers could still be on the way, but Baltimore’s primary pitching need is now rotation help.

ESPN’s Jeff Passan first reported that Helsley was in agreement with Baltimore on a two-year deal with an opt-out. Katie Woo of The Athletic had the $28MM guarantee, while The Athletic’s Ken Rosenthal first reported the $500K assignment bonus. The Associated Press reported the salary breakdown.

Inset photo courtesy of Brad Penner — Imagn Images

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Baltimore Orioles Newsstand Transactions Ryan Helsley

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KBO’s Samsung Lions Sign Matt Manning

By Mark Polishuk | November 30, 2025 at 10:12pm CDT

The Samsung Lions of the Korea Baseball Organization announced the signing of right-hander Matt Manning to a one-year, $1MM contract.  Manning was outrighted off the Phillies roster in September, and he elected minor league free agency earlier this month.

Manning was once one of baseball’s top pitching prospects, and he was a fixture of top-100 prospect rankings in the years following his selection as the ninth overall pick of the 2016 draft.  He posted solid numbers on his way up the Tigers’ minor league ladder until his MLB debut in June 2021, but the strikeout ability Manning displayed in the minors didn’t translate to his work in the Show.  Over 254 innings and 50 starts with Detroit from 2021-24, Manning posted a 4.43 ERA, 7.8% walk rate, and only a 16.4% strikeout rate.

Some injuries hampered Manning during this time, but the Tigers eventually decided to move on entirely from the right-hander.  Manning spent the entire 2025 season in the minors, first with Triple-A Toledo and then with the Phillies’ Double-A affiliate in Reading after the Tigers designated Manning for assignment and traded him to Philadelphia just before the trade deadline.

Manning turns 28 in January, so between his relative youth and his past pedigree as a top prospect, it is a little surprising that he didn’t draw interest from any MLB teams on a minor league contract.  The fact that Manning inked his deal with the Lions relatively early in the offseason, however, perhaps suggests that he wasn’t interested in waiting perhaps several more weeks to land a non-guaranteed deal, and then going through the grind of another season in the minor leagues.  Manning is also now out of minor league options, so even if he did make a big league roster, he might’ve been facing more DFAs and outrights, plus potential moves to other teams on waiver claims or trades.

Rather than ride this carousel, Manning will get a $1MM payday from the Lions.  The KBO League is generally a hitter-friendly league, yet the lesser level of competition might help Manning get his career on track.  There have been several instances of pitchers who have used stints in the KBO to rework their pitching repertoire, post some strong numbers, and get back onto the radar of big league teams, so chances are we haven’t seen the last of Manning in a Major League organization.

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Korea Baseball Organization Transactions Matt Manning

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NPB’s Chiba Lotte Marines Sign Jose Castillo

By Mark Polishuk | November 30, 2025 at 10:04pm CDT

The Chiba Lotte Marines of Nippon Professional Baseball announced the signing of left-hander Jose Castillo.  The Mets chose to non-tender Castillo earlier this month, passing on the southpaw’s projected $1.7MM arbitration salary.

The move overseas to Japan may seem like small potatoes given the transactional maelstrom that was Castillo’s 2025 season.  He saw big league action for four different teams (the Diamondbacks, Mets, Mariners, and Orioles) while compiling a 3.94 ERA over 32 innings.  Beginning the season on a minor league deal with Arizona, Castillo was designated for assignment in May and then traded to the Mets, and he subsequently bounced around on a series of waiver claims.  Castillo actually had three separate stints with the Mets, with the latest coming in early November when he was claimed off Baltimore’s waiver wire.

Castillo is out of minor league options, making him a necessary DFA candidate whenever a team wants to move him off its active roster.  He would probably be facing another round of designations, outright assignments, and waiver wire visits if he’d signed a minor league deal with a Major League team this winter, so it perhaps isn’t surprising that Castillo has opted for the relative security (and a guaranteed salary) of this deal with the Marines.

Though Castillo has pitched in parts of five MLB seasons, that resume consists of his 32 innings in 2025, 38 1/3 innings with the Padres in his 2018 rookie season, and just two innings spread over a single game with the Padres in each of the 2019, 2022, and 2023 campaigns.  Multiple injuries (including a Tommy John surgery) shelved Castillo for almost the entirety of the 2019-21 seasons, and he pitched primarily in the minors with the Padres, Marlins, and Diamondbacks from 2022-24.

While a small sample size of big league work, Castillo’s career 4.11 ERA, 27.1% strikeout rate, and 9.6% walk rate are all respectable for a pitcher with such a journeyman resume.  He also has a 4.21 ERA over 130 1/3 career innings at the Triple-A level.  Control has been an issue for Castillo, but he has always been able to rack up strikeouts and generate grounders.  Castillo doesn’t turn 30 until January, so there’s still plenty of time for the left-hander to explore a future move back to North American baseball depending on how things work out during his Marines tenure.

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Nippon Professional Baseball Transactions Jose Castillo

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Blue Jays Notes: Helsley, Berrios, Management Extensions

By Mark Polishuk | November 30, 2025 at 9:30pm CDT

The Blue Jays had “at least preliminary interest” in Ryan Helsley before the right-hander signed with the Orioles, The Athletic’s Mitch Bannon reports.  Toronto has shown past interest (both last offseason and at the trade deadline) in trading for Helsley when he was still a member of the Cardinals, so it tracks that the Jays would’ve again considered Helsley in free agency.  As it turned out, the Blue Jays will now have to deal with Helsley pitching for a division rival while Toronto’s own search for bullpen help continues.

Such pitchers as Helsley, Raisel Iglesias, Phil Maton, Edwin Diaz, and Pete Fairbanks have been linked to the Jays thus far, and the first three of those names have already come off the board.  Given how Ross Atkins’ front office is known for casting a wide berth in its free agent explorations, it’s probably safe to guess that the Jays have called about most or all of the top relievers on the market, ranging from set-up men to proven closers like Diaz.  Atkins said after the season that the team was open to the possibility of moving Jeff Hoffman into a set-up role, thus opening the door for Toronto to seek out another top saves candidate.

Of course, the Jays’ biggest winter moves to date have come in the rotation, not the bullpen.  Shane Bieber made the first move himself when he decided against opting out of the final year of his contract, and then the Jays made the priciest free agent signing in franchise history by inking Dylan Cease to a seven-year, $210MM contract.  Within less than a month after the end of the World Series, the Blue Jays rotation suddenly went from a question mark to all but settled.

The projected starting five looks like Cease, Bieber, Kevin Gausman, Trey Yesavage, and Jose Berrios, with Eric Lauer on hand as a swingman.  Adam Macko, Ricky Tiedemann and Bowden Francis are further depth options.  It’s a deeper group with a higher ceiling than the starting pitching mix that got the Jays to the World Series, though it’s possible another starter could still be added.

To make room in the rotation for a higher-caliber arm, the Jays could consider trading Berrios.  Bannon (in a piece for the Athletic) and the Toronto Star’s Gregor Chisholm each floated the concept, as Berrios ended up being the odd man out of the starting mix even before a bout of elbow inflammation kept him sidelined for the Blue Jays’ entire playoff run.  The Jays planned to transition Berrios to bullpen work prior to the postseason, and Berrios made all of one relief appearance before hitting the injured list.

Trading Berrios would be tricky for a few reasons — his eight-team no-trade clause, the three years and $66MM remaining on his contract, and the opt-out clause Berrios holds after the 2026 season.  There’s also the fact that Berrios was pretty unspectacular in 2025, posting a 4.17 ERA and a set of below-average Statcast numbers across 166 innings.  Any Berrios suitor would be counting on a bounce-back, naturally, but primarily might be interested in the veteran righty as a durable source of innings.

Berrios’ ability to eat innings makes him valuable to the Jays as well, considering how their pitchers added more mileage during an extended postseason run.  Moving Berrios would open up some payroll space for Toronto as well, though in limited fashion.  It’s pretty unlikely that the Jays would find a team willing to take the entirety of Berrios’ $66MM salary, plus spending capacity might not really be a concern for a Blue Jays club that already shown it is willing to stretch its payroll even further in search of a championship.

Turning to other topics from Chisholm’s mailbag piece, he believes the Blue Jays might’ve already finalized extensions for Atkins, team president Mark Shapiro, and manager John Schneider if the club hadn’t still been playing on November 1.  Regardless, it just seems like a matter of time before the trio are all officially retained.  Shapiro’s contract is already technically up, and Atkins and Schneider’s deals are up after the 2026 season (the Jays already exercised their club option on Schneider for 2026).

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Notes Toronto Blue Jays John Schneider Jose Berrios Mark Shapiro Ross Atkins Ryan Helsley

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MLBTR Chat Transcript

By Mark Polishuk | November 30, 2025 at 7:25pm CDT

Mark P

  • It’s Sunday night and time to chat! We’ll launch things after the queue starts to fill up…

Anthony

  • Tucker and Imai for the Yanks?

Mark P

  • I’d be surprised to see New York spend to quite that level in bringing in two top-level guys.  Bellinger and Imai seem like a more reasonable duo, if the Yankees make two big purchases

Rhett lowder

  • Am I eligible for rookie of the year? I am under the innings limit but have over a year of service time on the 60 day IL.

Mark P

  • Lowder is no longer considered a rookie

AstroFAN

  • Could Tyler Mahle go to Houston?

Mark P

  • Seems like a reasonable fit.  Bringing in another guy with a recent injury history might not be entirely ideal for an Astros team that wants to cover innings, but Mahle on a one-year works with the budget

Chase

  • How can the Phillies be both prioritizing re-signing Schwarber  AND be far apart on years and money? He’s seen this organization wildly overpay Trea Turner and Aaron Nola. Why shouldn’t he get the same? Pay the man.

Mark P

  • Todd Zolecki’s report from the other day didn’t say anything about Schwarber and the Phillies being “far apart” in anything, necessarily.  He said that they’re “not close to a deal,’ which would relate to some kind of a gap in negotiations, or maybe just a timing issue.
  • Consider this scenario…..Dave Dombrowski says “Kyle, you know how much we want you back.  Take your time looking around the market, and all we ask is that you give us a chance to match any offer.”

Read more

Jerry Dipoto

  • Could we re-sign Polanco and Geno? Which of the 2 is more likely

Mark P

  • Polanco seems a lot more likely, as a fit for what the Mariners want to achieve

Ms Fan

  • I read the MLBTR piece on internal infield options for the Mariners. Other than potentially reuniting with Suarez or Polanco, what realistic external options exist for the team?

Mark P

  • Interesting question, since haven’t heard much of anything about Seattle’s offseason targets apart from their own guys (i.e. Naylor and Polanco).  Obviously Dipoto and his staff haven’t been idle in checking around for other options, but chances are Polanco is the top priority, and other infield adds won’t be explored more deeply until Polanco is off the board

Jeremy

  • Could the orioles extend Dylan beavers or Trevor Rogers?

Mark P

  • Beavers is probably the likelier candidate for an extension, since Rogers is close enough to free agency that he’d probably want to check out the open market.  If he duplicates his 2025 numbers, he’ll be in for a big payday next winter

Brewers Fan

  • Was very surprised that a Miz extension would even be mentioned, what do you think an extension like that would look like? Seems a little risky for the Brewers no?

Mark P

  • Locking up a young potential ace is a very logical tactic for a lower-payroll team.  If the Brewers feel as strongly about the Miz’s future as they did Chourio, they could explore another long-term deal that extends the team’s control over the hurler

fprex

  • What is the market for the Braves’ Sean Murphy? I’d imagine SD would be interested and Texas should be as well. Could the Braves get Seager to waive his no-trade clause and work a deal around Murphy?

Mark P

  • Despite Murphy’s recent numbers, he would get interest if Atlanta shopped him, just because the catching market is so thin.  But having Murphy as any kind of a centerpiece of a potential Seager trade is a real reach.

Redbeard

  • Pirates actually gonna spend money or all bluster?

Mark P

  • I’ll believe it when I see it, but there has been enough smoke about the Pirates spending that I feel they’ll do something out of character.  Not sign Schwarber anything, but they’ll sign a position player to a fairly pricey (for them) multi-year contract.  Skenes has established himself as such a star that it seems like the Bucs really want to win something while he’s still in the organization.

Getz

  • Does the same agent representing multiple players impact the timing of signings? Like does an agent prioritize the “big fish” first and slow play negotiations for the secondary free agents they represent that play the same position?

Mark P

  • It makes for a fascinating question, but I doubt any agent would really go on the record about how they operate in any given offseason.  No agent wants to even slightly give the impression that one client is more value than another.

    Since each player is different, an agent has flexibility in how they deal with each situation, even in the bigger-picture context of an offseason where an agency has multiple clients.

Jorge Soler

  • Do the pirates make sense as a team considering they need to increase payroll?

Mark P

  • In theory, but I’d think (hope?) the Pirates would be aiming higher than an aging hitter coming off a subpar year

Guest

  • Why does mlb free agency take much longer for players than other major sports

Mark P

  • Other leagues have salary caps, and rigid caps in the case of the NFL and NHL.  With only a certain amount of flexibility, players and teams want to get everything done quickly in order to move onto other business, which is why the first day of free agency in other sports is just an avalanche of moves

Phils Phan

  • Would it make any sense for the Phillies to say goodbye to Schwarber and Realmuto and to trade Casty for a bag of beans but eat half his salary? This way they could get younger. Target younger free agents. I’m I crazy or is thus feasible?

Mark P

  • If Realmuto leaves, that’s a big hole to fill at catcher.  It is highly unlikely the Phillies find someone willing to take a quarter (let alone half) of Castellanos’ salary.  Schwarber is replaceable in the sense that you can get another big bat at another position and it opens up the DH spot, but that’s a big loss to the clubhouse.

    Your take that the Phillies should get younger isn’t inaccurate, but sticking with known quantities is the safer move for a team that wants to win now.  Who knows, maybe Dombrowski will swing some clever trade for a catcher and Realmuto isn’t brought back, but that’s a less likely scenario.

Casey

  • What do you think of Buster Olney’s report that the Giants won’t spend on a top of the rotation arm and are really looking for value middle of the rotation guys? Giants seem to have money and a significant need for pitching.

Mark P

  • Robbie Ray is a free agent after next season, too.  So signing another pitcher to a longer-term deal to pair with Webb atop the post-Ray rotation seems sound.

    But, even though Farhan Zaidi is gone, the Giants are sticking with their reluctance to give any kind of significantly lengthy deal to a pitcher.  Their logic isn’t unsound, yet sometimes if you need a pitcher, you have to throw caution to the wind

Alex

  • Diamondbacks need at LEAST three starters right? Do we think they make a splash? Or go mid range?

Mark P

  • Mid-range.  They already made their big splash with the Burnes signing

JT

  • The rumor is that Miami is trying to take on more salary to gain more favor in revenue sharing. As a Red Sox fan, I would selfishly love them to take on the Yoshida deal and maybe add Florida’s own Triston Casas to sweeten the deal. What other contracts do you see as potential fits if they struggle to attract free agents or their own?

Mark P

  • Since the A’s were in this same situation last winter, we can use them as something of a model for what Miami might do.

    The A’s signed Severino, gave Leclerc $10MM, and extended Rooker and Butler to significant long-term deals.  What they didn’t do (and I don’t think the Marlins will do) is become a way station for other teams’ unwanted contracts.

    Your Red Sox hypothetical is also flawed on Boston’s end, since I think the Sox would want a lot more in a Casas trade than to just use him as salary relief.

HOF Hater

  • If Donny Baseball gets into the Hall, it would open the door for so many players with goodish careers. Look at Josh Donaldson’s numbers basically the same if not better then Mattingly. Would you support a Donaldson for the HOF push?

Mark P

  • Nope, nor would I vote for Mattingly if I had a spot on this year’s veterans committee.  Mattingly had a fine career but his prime was so short that he doesn’t reach my personal HOF threshold.

    Hey wait, is it too late for me to be part of the veterans committee?  Who do I need to speak to at Cooperstown to make this happen?!

Blue Jays fan

  • Max Schrezer and Chris Bassitt both sounded like they wanted to come back to Toronto and try to win the World Series next year. Does the Cease signing close the door on this?

Mark P

  • Right now Toronto’s rotation is Gausman, Cease, Bieber, Yesavage, and Berrios.  So technically there’s no room, unless perhaps Berrios is dealt or if Bassitt or Scherzer is willing to transition into a relief/swingman role.  (Conceivably, Berrios might also take on such a role.)
  • While the door isn’t entirely closed, it makes it a lot less likely

Zane

  • Do you see CJ Abrams as a trade piece this offseason?

Mark P

  • Anthony Franco recently did a nice breakdown of a possible CJA trade market, so here’s the link to that post: https://www.mlbtraderumors.com/2025/11/looking-for-a-match-in-a-cj-abr…
  • I think Abrams is ultimately still in DC on Opening Day, but the Nationals won’t be married to the idea of keeping him if a good offer comes along

Rod

  • Could the Yankees possibly try and trade for the Twins Joe Ryan?

Mark P

  • Sure, that definitely seems like something the Yankees could or should attempt.  Ryan is a good add for any team in baseball, but to that end, the Twins will require a ton before dealing him.

Guest

  • Would a Blue Jays’ package of Ernie Clement, King, and Tiedemann get a Marte deal done?

Mark P

  • Diamondbacks would want more.  Plus, I doubt the Jays move Clement given his infield value and what he showed at the plate last year.

    My friend Melanie is also hoping for a Clement jersey for Christmas, so if a trade does happen, hopefully it takes place before Mel’s partner plunks down a big chunk of change on suddenly outdated merch

confused

  • If the catcher market is thin, could you see the Brewers moving Contreras and his approx $11mill salary?  What kind or return could he possibly bring?

Mark P

  • Same logic as the Phillies and Realmuto earlier….if you get a starting catcher go, what’s your plan to replace him?  Trading Contreras is even less likely for the Brewers since he’s affordable for them even for that salary, since it’s still a bargain price for such a productive catcher
  • You’ll start to hear more trade buzz about Contreras next winter when he’s a year away from free agency.  It will be interesting to see if Milwaukee is sold enough on Quero to trade Contreras, or if they’ll hang onto him to try and win in 2027, then let him walk in free agency

Al Kaline Battery

  • Verlander to the Tigers. Unfinished business and added motivation. Is it plausible?

Mark P

  • It’s certainly plausible.  The Tigers don’t want to stretch payroll too much, but bringing back Verlander on a one-year deal would be both popular with the fanbase, and a logical baseball move given how JV was still a solid pitcher in 2025

Chaim Bloom

  • Should I bring in Scherzer on a one year deal?

Mark P

  • Scherzer wants to pitch for a contender, not a rebuilding team
  • Unless his market is completely barren, I don’t see Scherzer going to St. Louis

Mark P’s Long Lost Brother

  • Who’s an underrated free agent right now more people should be talking about?

Mark P

  • He’s not “underrated,” and maybe this is just because I’m higher on him than most.  But there’s been a lack of public buzz about Ranger Suarez to date, which I find curious.

Oz

  • Are the Braves seriously shopping Sean Murphy or is this a case of just listening in case someone bowls them over with an offer?  a

Mark P

  • There have been trade rumblings about Murphy basically since Drake Baldwin starting breaking out, but it’s more speculative than based on any concrete info.  Of course, the Braves run such a tight ship that not much leaks from their front office anyway, but generally, the Murphy buzz is more speculative from Atlanta fans thinking of ways to free up payroll space and move a (possibly) redundant player

Adley Rutschman

  • Cal Raleigh signed a 6/$105MM prior to his 2025 MVP-runner-up season and now the deal suddenly looks like a bargain. What kind of extension should I accept, if offered?

Mark P

  • Rutschman isn’t an extension candidate, in my view.  From his perspective, a contract he signs now will be too low, since Adley obviously feels he can top his 2024-25 numbers.  From the Orioles’ perspective, why rush to extend a catcher whose numbers for the last season and a half have been so underwhelming?  Especially when Baltimore already locked up Basallo?

fascinating

  • I don’t buy Olney’s report of the Giants not spending on big free agent pitchers. What is the logic in trading for Devers and then making a huge managerial change only to be tight with money? Is the looming CBA fight have any relevance?

Mark P

  • The Giants’ stance is that they’re reluctant to invest in long-term deals with pitchers.  With position players, it’s a different story, as we’ve seen with Adames, Chapman, and the Devers trade

O’s Fan

  • Are you a Coby Mayo believer? I can’t figure out why the heck Baltimore tendered Mountcastle a contract.

Mark P

  • I was also surprised, but tendering Mountcastle was perhaps a middle ground between a) entrusting Mayo with the everyday 1B job, or b) going big on acquiring another starting first baseman.

Walter

  • Last year before the Josh Naylor trade, the Guardians were interested  in Paul Goldschimdt before he decided on the Yankees.  Since the Guardians still need a right hand bat would they consider him this off season.

Mark P

  • It’s a possible fit, but it’s also very possible Cleveland’s interest has cooled after Goldschmidt’s average season

Mike

  • Could you see the Marlins/Pirates making a trade purely to up the payroll, if they aren’t able to actually sign anyone they want and don’t want the grievance? Like take on Castellanos’ salary and get a prospect for it, then just DFA Castellanos? Neither org is well thought of so isn’t it possible that they can’t sign anybody and end up in a really bad spot payroll-wise and have to make a move?

Mark P

  • If the Marlins/Pirates offer enough money, they can definitely get people to sign.  The price was right for Severino to join the A’s last year, as much as he might regret that decision in hindsight.

    And, who’s to say a free agent wouldn’t have interest in either team.  The Marlins were a decent team last year that seems to be on the way up, and they play in Florida.  The Pirates have Skenes and a bunch of good pitchers, so a prominent free agent might be intrigued by the challenge of bringing winning baseball back to Pittsburgh

nick krall

  • could i potentially sign marcell ozuna as a cheaper alternative to kyle schwarber? and or ryan ohearn could work for this question too.

Mark P

  • O’Hearn would be my preference, as Ozuna is basically a DH-only guy but O’Hearn has defensive utility.  Plus, a lefty bat is better fit for Cincy’s lineup.

Ca$hman

  • what do you think about a franchise player designation in the next cba that either discounts that players lux tax hit by a certain percentage for high spending teams, or the lux tax going to pay a certain percentage of a franchise players salary for revenue sharing recipients?

Mark P

  • Creative answers like this seem way more feasible to me than the idea of the players ever agreeing to a salary cap.  The NBA version of your idea is somewhat akin to the “Larry Bird rule,” which allows a team to go over the cap in order to retain its own free agent.

Blue

  • How do you like Imai wanted to take down the Dodgers? I dont think he will be popular in Japan now.

Mark P

  • I don’t see his comments making too much of a stir.  Seems like a perfectly logical thing a competitive person would say

WBC

  • Thoughts on the World Baseball Classic?

Mark P

  • Of all the hundreds of baseball games I’ve attended in person, the 2009 WBC tilt in Toronto remains one of the most fun experiences I’ve ever had.

Oppo nacho

  • What’s the most plausible bat the reds sign or trade for

Mark P

  • The previous commenter’s suggestion of O’Hearn is pretty plausible, actually.  I imagine ROH will get a lot of looks from teams in the medium payroll range who can’t afford the likes of a Schwarber or an Alonso

Funnyball

  • Any insight into what DePosesta may do to turn the Rockies around? What do you think of them taking on a bad contract in order to add a little talent to the org.  Say Yoshida or Contreras plus prospects?

Mark P

  • Neither Contreras is a bad contract, but in general, your point makes sense.  The Rockies are basically starting from scratch here and don’t really have anything on the books besides Tovar and Bryant.  Who knows if ownership would sign off or not, but taking on Yoshida/Castellanos/etc. just to obtain much-needed prospects is a decent strategy for a team with a sparse farm system

MCM

  • Lots of new managers coming. Anyone you’re particularly excited about?

Mark P

  • Obvious answer here is Tony Vitello, just because he’s such a unique hire.  It’ll be fascinating to see how his work at Tennessee can translate to working with big leaguers.

Joe

  • Do you think there’s more to the Ryan Helsley deal than what’s been reported? 2/28M with an opt out seems higher than expected; maybe because there’s a club option for 2028 if he opts in or it’s backloaded a bit?

Mark P

  • No reports yet on how the $28MM is allotted over the two seasons.  No club option was reported so that’s not part of things.

    I don’t think $28MM is too outlandish for Helsley.  He had a brutal run with the Mets, but if that really was just due to tipping pitches, that’s a fixable problem.

kurt the hurt

  • How do you like the new Ball/Strike challange system coming next season ?

Mark P

  • I think it only benefits the game to have a backup against correctable mistakes.  In the same way that replays and challenges have improved games, getting to fix a few ball/strike calls per game sounds like a good thing to me

Kyle

  • Do you think Gray ends up being Boston’s only SP addition this offseason, and if so how do you think they address the outfield surplus?

Mark P

  • I suspect they’re not done in the rotation.

Who Hangs Up?

  • Skenes to the Yankees for… The Martian, Austin Wells, Schlitter, Spencer Jones, George Lombard Jr.

Mark P

  • If the Yankees actually offered all that for Skenes, I think Pittsburgh says yes

John Son

  • Are the Reds going to have a competition for the 3b job, or have they already given it to Hayes? Where does Sal Stewart fit if Hayes is the 3b and Steer at 1b? Stewart just the DH?

Mark P

  • Hayes is an incredible defensive 3B, so he isn’t going anywhere.  As recently noted in an Athletic piece, Stewart/Steer have enough positional flexibility that it allows the Reds to be open to several possibilities as they weigh new additions

    https://www.mlbtraderumors.com/2025/11/reds-notes-lineup-free-agent-pu…

Chris Young

  • Do you think I sign one of the big name free agents?

Mark P

  • The Rangers seem to be cutting payroll, and not getting into position to make any splashy new signings

Guardians of the Galaxy

  • Who is going to play 2B for Cleveland in 2026? Do you think Bazzana can break camp with the team?

Mark P

  • Though Bazzana made it to Triple-A last year, I suspect the Guardians want to see more from him on the batting average and power fronts before giving him a look in the Show.

    That being said, I’d be very surprised if Bazzana doesn’t get the call before 2026 is out.  This might also be a situation where Bazzana is on the Opening Day roster if the Guardians can sign him to a pre-career extension

Robbie Baseball

  • Do you think Addison Barger is somewhat “untouchable” at this point (outside of something major)?

Mark P

  • Tend to agree.  It would be a big surprise if Barger is dealt in the wake of his breakout year

Drew

  • Do you expect that Breslow and Toboni will line up on some trades?

Mark P

  • Boston fans started thinking of Gore trades the minute Toboni got hired.  It’s certainly possible the Sox and Nats make some trades given Toboni’s knowledge of the Boston farm system, but not necessarily any big blockbuster-ish moves

Cubs

  • Tatsuya Imai and Cubs a good fit?

Mark P

  • Sure.  Raises the ceiling of Chicago’s rotation, and provides long-term rotation help since Imanaga/Taillon/Boyd are all free agents after 2026

mark

  • Could cards balance a trade with M,s featuring Donovan & Sloan as principals

Mark P

  • If Polanco departs, trading for Donovan would be a very nice pivot for Seattle.  Dealing Sloan for two years of Donovan is a risk, yet the M’s farm system is deep enough that Dipoto might be willing to take the plunge.

Mariners Fan

  • Do you think there is a market for Luis Castillo? Does it make sense to trade him? It would free up money, but create a hole in the pitching staff.

Mark P

  • There’s certainly a market for him. Ownership seems to be a little more willing to spend given how close the team came in 2025, so the idea of moving Castillo just to open up payroll space might not be as critical as it once seemed.  And you’re right, trading Castillo does mean the M’s now need another starter to either step up from the minors, or they could acquire a low-cost vet.

Dana Brown 4 Advice

  • Should I sign Merrill Kelly?

Mark P

  • The “Dana Brown 4 Advice” poster sent in like a dozen questions all about various players, so I feel compelled to answer at least one.  I chose an option that seemed most realistic, as Kelly fits within the Astros’ budget and he’d be a nice help for the rotation.

    btw, I have my suspicions that the poster isn’t the actual Dana Brown

secret souse

  • Will White Sox convince OHearn with some money doing the talking? I could see him being unpopular with MLB analytic departments and maybe his price is 1y/15m plus buyout on a second year. He doesn’t have the long track record, though he’s ok with the bat data

Mark P

  • We had two years, $26MM for O’Hearn in the top 50 list. As noted earlier, he’ll get enough interest that ROH will probably find an acceptable offer with a team that has better chance of winning in 2026 than the White Sox

fascinating

  • favorite movie of 2025?

Mark P

  • “Sinners” is the best I’ve seen this year.  Fantastic film!

Cards Fan

  • When will the 2026 mlb draft order be determined? Where will the cards pick??

Mark P

  • The lottery takes place on December 9

Guest

  • With this possibly being the last year for Skubal and Torres for the Tigers, do you see a chance the Tigers going all in this  year and signing combination of Framber Valdéz or Ranger Suarez and either Bregman or Bichette.  Skubal and Torres would come off the books the following year and they would already have their replacements on the team.

Mark P

  • This seems bolder than the Tigers are willing to be, even though I absolutely agree they should be making the most of Skubal’s (probable) last season in Detroit.  Making at least one big-time signing seems more than reasonable for a team that has been in contention for two straight years now, but is still a few pieces away
  • We’re over two hours now, so time to wrap up the chat.  Thanks for all your questions tonight, and next week, the Weekend Chat will probably be taking place during the day on Saturday.  Sunday evening will likely be busy with the HOF veterans committee announcement and the start of the Winter Meetings, so Saturday it is.
  • if you’re interested in more baseball Q&A, one of the many benefits of our Trade Rumors Front Office subscription is the exclusive weekly live chats. The more limited field means you’re about 10 times more likely to get a question answered, as opposed to battling for space with hundreds of other questions in today’s chat. For more on our memberships, check out this link:

    https://www.mlbtraderumors.com/membership?ref=chat-11-30-25

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Giants Focusing More On “Modestly Priced” Pitchers

By Mark Polishuk | November 30, 2025 at 4:17pm CDT

Giants team chairman Greg Johnson and general manager Zack Minasian have each downplayed the idea that the team will be pursuing long-term (and therefore more pricier) pitching signings this offseason, due to both the risk associated with such contracts and the number of lengthy and expensive contracts already on San Francisco’s books.  As such, it probably isn’t a big surprise that “a lot of their market pitching inquiries have been for more modestly priced arms,” according to ESPN’s Buster Olney.

The context of Olney’s report comes in the context of speculation that the Giants could be a suitor for Tatsuya Imai, as it would seem the Giants might not be willing to meet Imai’s asking price.  There is a widespread belief that Imai’s eventual contract will run deep into the nine figures — MLB Trade Rumors projects a six-year, $150MM deal for Imai, who ranked seventh on our list of the offseason’s top 50 free agents.

If the Giants were going to make a longer-term commitment to a pitcher, Imai might fit the bill given his relative youth (he doesn’t turn 28 until May) and naturally his excellent track record in Nippon Professional Baseball.  Imai’s recent interview on the Hodo Station show also caught the attention of Giants fans, as Imai suggested that while he’d enjoy playing with the Dodgers, “winning against a team like that and becoming a world champion would be the most valuable thing in my life.  If anything, I’d rather take them down.”

Still, Imai’s ability to carry his success over to Major League Baseball isn’t seen as a sure thing amongst evaluators.  If San Francisco was going to splurge on a top-end starter, spending big on a pitcher who’s more proven against MLB hitters would seem to carry more appeal to a Giants organization that wants to minimize risk in its rotation investments (that is, if the Giants decided to spend big on any pitcher at all).

While there’s no such thing as having too much frontline pitching, the Giants are already ahead of a lot of teams by having a clearcut ace in Logan Webb.  Robbie Ray also pitched well in 2025 after missing most of the 2023-24 seasons recovering from Tommy John surgery.  This duo gives the Giants two starters they can count on to take the ball in a playoff series, plus homegrown starter Landen Roupp also pitched well in his first extended taste of big league action in 2025.  However, there isn’t any proven depth beyond this group, making the rotation a priority for Buster Posey’s front office this winter.

If the Giants are primarily looking at second- or third-tier options, there’s still plenty of talent to be had amongst veteran arms who might be limited to shorter-term contracts based on their age alone.  Signing Justin Verlander to a one-year, $15MM deal last offseason worked out for the team, so re-signing Verlander or perhaps seeking out this winter’s version of a “Verlander contract” with another pitcher is more the Giants’ speed.  Inking at least one veteran to eat innings and stabilize at least one rotation spot would allow San Francisco’s younger pitchers some space to compete amongst themselves for a fifth starter’s role, and ideally one could emerge as Roupp did last year.

Though there’s some sound reasoning behind the Giants’ approach to starting pitching, the strategy probably isn’t going to sit well with Bay Area fans wondering why the team isn’t willing to spend at a higher level.  The Giants have exceeded the luxury tax threshold just once in the last eight seasons, as after paying a minimal tax bill in 2024, the club ducked back under the line again in 2025.  Johnson’s non-committal stance towards paying the tax or even exceeding $200MM in payroll space also doesn’t lend itself to the idea that San Francisco is planning anything truly substantial on the spending front this winter, and certainly not on the pitching side.

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San Francisco Giants Tatsuya Imai

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Phillies, Kyle Schwarber Currently “Not Close To A Deal”

By Mark Polishuk | November 29, 2025 at 1:43pm CDT

There has been plenty of mutual interest between the Phillies and Kyle Schwarber, leading to a sense around the league (and among MLBTR’s staff) that Schwarber’s free agent path will ultimately lead him back to the City of Brotherly Love.  It doesn’t appear, however, that a reunion is imminent, as MLB.com’s Todd Zolecki wrote earlier this week that the two sides “are not close to a deal.”

Zolecki didn’t specify if there has been any standstill in talks, or if there is a sizable gap between the two sides in terms of money or contract length.  By that same measure, there’s also nothing to indicate that talks couldn’t heat up with a single phone call.  All in all, the news shouldn’t be construed as a sign that Schwarber won’t eventually return, or that either party is favoring another option.

It has only been a little over three weeks since free agents have been allowed to negotiate with other teams, and most of the top names on the market are still testing the waters.  A couple of the most prominent early signings (Josh Naylor to the Mariners, Raisel Iglesias to the Braves) did involve players quickly opting to re-up with their former teams, which perhaps raised hopes among Philadelphia fans that a new deal with Schwarber might also resolved in rapid fashion.  A little over two years ago, Aaron Nola entered free agency but then worked out his seven-year, $172MM deal with the Phillies within just a couple of weeks of the market opening.

As Zolecki simply puts it, “there’s no reason to rush it” for Schwarber’s camp at this point, given how much interest the slugger is generating in the wake of his 56-homer season.  The Red Sox, Orioles, and (surprisingly) the Pirates have all been publicly linked to Schwarber’s market thus far, plus the Reds have been mentioned as a speculative contender since they need hitting help and Schwarber is from the Cincinnati area.  DH-only players entering their age-33 seasons don’t usually command the kind of attention Schwarber is garnering, but then again, Schwarber’s career year is just one of 23 seasons of 56+ home runs in baseball history.

The fact that Schwarber is essentially the Phillies’ top priority (give or take J.T. Realmuto) gives the slugger added leverage.  He and his agents can likely afford to wait and see what other offers emerge, with the comfort of knowing that Philadelphia might well match or top whatever rival offer is put on the table.  From the Phillies’ perspective, they will likely wait on Schwarber before proceeding with any other major offseason business, apart from matters that wouldn’t be impacted by Schwarber staying or leaving — i.e. negotiating with Realmuto, trying to trade Nick Castellanos, or perhaps looking for bullpen help.

There’s some risk for the Phillies in that if Schwarber signed elsewhere after taking several more weeks, the Phils could be left behind in their offseason shopping if other free agents have already left the market.  That said, rival agents are also aware of this scenario, and could advise their clients to wait on their own decisions just in case a Schwarber-less Phillies team suddenly broadens its free agent horizons.

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Philadelphia Phillies Kyle Schwarber

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Nationals Hire Grant Anders To Coaching Staff

By Mark Polishuk | November 29, 2025 at 12:19pm CDT

The Nationals have hired Grant Anders for a role as a Major League development coach and bullpen catcher, according to the Washington Post’s Spencer Nusbaum.  Anders stays in the Beltway after two years on the Orioles’ coaching staff in a similar role as a development coach.

Reports emerged a few weeks ago that Anders wouldn’t be returning to Baltimore, as the hiring of new manager Craig Albernaz naturally brought several changes to the coaching ranks.  Anders had been with the O’s since November 2019, working as a development coach in the minors before his promotion to the big league staff prior to the 2024 season.

As outlined by reporter Jon Meoli during Spring Training 2022 (hat tip to Nusbaum for the link), the development coach role is something of an analytically-driven version of a traditional coaching job.  “They must be competent enough on the field to coach and help players improve, yet deft enough with data and technology to be the affiliate’s in-house analytics expert,” Meoli wrote.  This applied to Anders’ background when he broke into baseball at Radford University, and he moved onto internship and trainee roles with the Royals and Reds before being hired by the Orioles.

New Nationals president of baseball operations Paul Toboni has made a point of younger hires and modern perspectives into his overhaul of Washington’s front office and on-field staff.  Toboni (who is himself only 35 years old) has hired 33-year-old Blake Butera as the Nats’ new manager and 30-year-old Simon Matthews as pitching coach, with bench coach Michael Johns as the relative graybeard of the group at age 50.  This group will now try to turn around a Nationals club that has struggled through six straight losing seasons, and Anders has some experience due to his work in helping the Orioles get through their rebuild period.

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Washington Nationals Grant Anders

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AL East Notes: Bellinger, Tucker, Maton, Campbell

By Mark Polishuk | November 29, 2025 at 11:26am CDT

As usual, the Yankees have been linked to many of the top names on the free agent market, with Kyle Tucker and Cody Bellinger noted as two of the more prominent players on New York’s radar.  How exactly the front office is ordering their internal wish list remains to be seen, but Jon Heyman of the New York Post writes that Tucker “appears to be a backup plan” to Bellinger.  Familiarity and defensive flexibility are the key elements, as Heyman notes that the Yankees already know Bellinger can handle playing in the pressurized environment of the Bronx.  Tucker is primarily a right fielder who would have to move over to left field in New York due to Aaron Judge’s presence, while Bellinger brings more defensive utility as a player capable of playing all three outfield positions and first base.

It can also be assumed that the Yankees would prefer paying Bellinger’s lower price tag  — MLBTR projects Tucker to land an 11-year, $400MM deal, whereas Bellinger is projected for a relatively more modest $140MM over five years.  Signing Tucker would also cost the Yankees draft picks and international bonus money, whereas those qualifying offer-related penalties don’t apply if Bellinger is re-signed.

Here’s some more from around the AL East…

  • The Blue Jays had interest in Phil Maton before the veteran reliever signed with the Cubs, Sportsnet’s Ben Nicholson-Smith reports.  This tracks with the Jays’ previous interest in the righty, as Toronto was previously linked to Maton when he was a free agent last winter and at the trade deadline before Maton was dealt from the Cardinals to the Rangers.  Toronto is known to be looking for a reliever to supplement or even replace Jeff Hoffman in the closer’s role, but Maton also would’ve been a good addition as a bullpen workhorse who has shown an ability to handle higher-leverage work in the past.
  • Kristian Campbell will be playing winter ball, the Boston Globe’s Alex Speier reports, as the Red Sox continue to look to get Campbell on track after a shaky debut season in the majors.  A meteoric rise in his first two pro seasons earned Campbell a spot on Boston’s Opening Day and an eight-year, $60MM extension shortly thereafter, but he hit only .223/.319/.345 over 263 plate appearances as pitchers adjusted quickly to Campbell after his hot start.  Demoted to Triple-A Worcester in June, Campbell hit decently well at Triple-A but with little power, and he also was toggled around the diamond seeing time at first base, second base, and all three outfield positions.  Sox chief baseball officer Craig Breslow told Speier and other reporters earlier in November that Campbell was focused on regaining some weight and becoming stronger to better handle the grind of a full season.  The pricey contract along will keep Campbell involved in Boston’s plans, though it remains to be seen how he’ll fit into a 2026 team that has a crowded outfield, and has been linked to multiple major free agent infielders.
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Boston Red Sox New York Yankees Notes Toronto Blue Jays Cody Bellinger Kristian Campbell Kyle Tucker Phil Maton

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Latest On The Red Sox Search For Position Players

By Mark Polishuk | November 29, 2025 at 10:40am CDT

With Sonny Gray now in the rotation, the expectation is that the Red Sox will now move onto adding a prominent bat as the next item on their to-do list, with such major names as Pete Alonso, J.T. Realmuto, Kazuma Okamoto, and former Boston players Alex Bregman and Kyle Schwarber linked to the team.  Reports indicate that the Sox might try to acquire more than one player from that group, but Alex Speier of the Boston Globe also lays out a different path.  According to sources, Speier writes that the Red Sox are considering adding not necessarily two top-tier stars, but rather a bigger name and then “an additional complementary position player.”

Speier cites Jorge Polanco as a model for this type of addition, so it would seem like the idea is still to add a prominent everyday bat rather than a true platoon type, for instance.  But, someone like Polanco wouldn’t be as expensive as the other free agent targets, and an older player (Polanco turned 32 last July) on a shorter-term contract might have more appeal for a Boston team deep in younger position players.

For instance, if the Red Sox signed Alonso and Polanco, they’d have first base covered with Alonso, Trevor Story returning at shortstop, Polanco toggling between second and third base, and Marcelo Mayer able to gain playing time at whichever position Polanco wasn’t playing.  Re-signing Bregman would create an infield alignment of Bregman at third base, Story at shortstop, Mayer probably as the primary second baseman, and Polanco perhaps getting some time at first base.  Polanco has all of one career MLB game as a first baseman, but as injuries limited his on-field time in 2025, a shift over to first base duty makes sense for Polanco as he gets deeper into his career.

In short, there are plenty of approaches the Red Sox can take, as right now Story seems to be the only infielder truly locked into a regular role heading into 2026.  Triston Casas is penciled in at first base but has been often mentioned as a trade candidate, Mayer is a top prospect who is still unproven at the big league level, and any number of players (i.e. Ceddanne Rafaela, Romy Gonzalez, Kristian Campbell, David Hamilton) could factor into the infield picture as well.  If not Polanco himself, another multi-position infielder in that mold would help the Red Sox juggle the playing time situation.

While more rotation moves might yet be in the offing, acquiring Gray relatively early in the offseason gives the Red Sox some measure of relief in knowing that at least one frontline arm is in the fold, giving the club more flexibility in broadly assessing its options on the position-player front.  Budget-wise or luxury tax-wise, there is nothing necessarily preventing Boston from making multiple splashes in free agency, but one big-ticket signing and another more modest signing would probably be preferable from a payroll perspective.

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Boston Red Sox

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