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Cubs Select James Triantos, Pedro Ramírez, Riley Martin

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The Cubs announced that they have selected infielders James Triantos and Pedro Ramírez as well as left-hander Riley Martin. Those three are now protected from being selected in next month’s Rule 5 draft. The club’s 40-man roster count is now at 32.

Triantos, a second-rounder out of high school in 2021, has been one of the more promising pure hitters in the system for the past few seasons. His stock is down after a poor season with Triple-A Iowa. Triantos only managed a .259/.315/.370 slash over 480 trips to the plate. He continued to put the ball in play at a high rate but without much authoritative contact. He hit seven homers and posted well below-average exit velocities. Triantos stole 31 bases while bouncing between second base and the outfield, so perhaps he can factor in as a utility piece in 2026.

Ramírez, a 21-year-old infielder out of Venezuela, is now the superior prospect in the eyes of Baseball America. He’s the only member of this trio to crack Chicago’s top 10 prospects on their recent update of the system. He’s a switch-hitting second/third baseman who batted .280/.346/.386 while stealing 28 bags in 563 plate appearances at Double-A Tennessee this year. Ramírez is also light on power but has excellent contact skills. He’ll probably get the bump to Iowa to begin 2026.

Martin is an Illinois native who was a sixth-rounder in 2021 out of Division II Quincy University. The 6’1″ southpaw has spent the past two seasons pitching out of the bullpen in Triple-A. He fired 63 2/3 innings of 2.69 ERA ball with a near-31% strikeout rate over 47 appearances. Martin struggles with walks and dished out free passes at a 13.4% clip. He works with a 94 MPH fastball and uses a mid-80s curveball as his favored secondary pitch.

Nine Players Reject Qualifying Offer

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The deadline to accept the qualifying offer has passed. Four players — Trent Grisham, Gleyber Torres, Brandon Woodruff, and Shota Imanaga — chose to accept the one-year, $22.025MM deal and remain with their current clubs. The remaining nine players rejected the deal. They are: Cubs outfielder Kyle Tucker, Phillies DH Kyle Schwarber, Blue Jays infielder Bo Bichette, Astros lefty Framber Valdez, Padres righty Dylan Cease, Phillies lefty Ranger Suarez, Mets closer Edwin Diaz, Diamondbacks righty Zac Gallen, and Padres righty Michael King. All nine are now free agents.

There’s not much surprise in any of the nine players who rejected. Tucker, Schwarber, Bichette, Valdez, Cease, Suarez and Diaz were all locks. Gallen may have given some brief thought to accepting after a rough showing in 2025, but he finished strong and has a track record as a high-end starter who’s garnered multiple top-five finishes in NL Cy Young balloting. King was hobbled by nerve and knee injuries in an odd season but was dominant in 2023-24 and through the first two months of the current season. He was healthy late in the year and fanned three in his lone inning of postseason work. He’ll test the waters in search of a multi-year deal as well.

Now that this nonet has rejected qualifying offers, they’ll all be subject to draft compensation. Interested teams will need to surrender a draft pick (or multiple picks) and, in some cases, space from their bonus pool for international amateurs in order to sign any of this group. The extent of that draft compensation depends on the revenue-sharing and luxury tax status of the new team. MLBTR broke down which pick(s) each club would forfeit by signing a “qualified” free agent last month.

Similarly, the compensation for each player’s former club is dependent on revenue-sharing and luxury tax status — as well as the size of the contract signed by the player in question. MLBTR also ran through the compensation each team would receive if their qualified free agents turned down the offer and signed elsewhere.

Shota Imanaga To Accept Cubs’ Qualifying Offer

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Shota Imanaga will be returning to the Cubs, as The Athletic’s Patrick Mooney reports that the left-hander has accepted the team’s one-year, $22.025MM qualifying offer.  The surprising decision means that Imanaga stays put after his time in Wrigleyville seemed to be over, following a series of declined contract options on the part of the Cubs and Imanaga himself.

The four-year, $53MM deal that Imanaga signed with Chicago in January 2024 guaranteed Imanaga $23MM over the first two seasons, and this offseason presented both sides with decisions.  The Cubs had to decide whether or not to exercise a three-year option on Imanaga’s services that would’ve paid him $57.75MM over the 2026-28 seasons, and the team decided to decline.  Imanaga then had a $15.25MM player option for just 2026 that he also declined, even though exercising that option would’ve then created a $42.5MM club option for the Cubs for next winter covering the 2027-28 seasons that (if declined) would’ve created a $15.25MM player option for Imanaga for 2027.

The Cubs issued Imanaga the qualifying offer to ensure some compensation if Imanaga signed elsewhere, yet as it turned out, Imanaga will indeed take a one-year pact to remain, with roughly $7MM added beyond the price of his player option.  He would’ve locked in at least $30.5MM for himself by exercising his player option and generating that other player option for next winter, so he is currently leaving $8.475MM on the table given how this rather complicated situation turned out.

A 2026 season more in line with Imanaga’s impressive 2024 rookie campaign will easily land a multi-year contract worth far more than $8.475MM next winter, even though the lefty turns 33 in September.  He’ll be able to re-enter next year’s free agent market without the QO compensation attached to his services.  This removes one obstacle for Imanaga in free agency next winter, but more consistency on the mound will be the deciding factor.

Imanaga posted a 3.73 ERA, 20.6% strikeout rate, and an elite 4.6% walk rate over 144 2/3 innings for Chicago this season.  Apart from his great control and the solid bottom-line ERA, the rest of Imanaga’s peripherals were almost all well below the league average.  The problems included a lot of hard and high-impact contact, as only three pitchers allowed more home runs than Imanaga’s 31 big flies in 2025.

A hamstring strain cost Imanaga most of May and June, but he still managed a 2.40 ERA over his first 75 innings of the year before things started to turn in the second half.  Twenty of Imanaga’s 31 home runs allowed came during his last 69 2/3 innings of the season, resulting in a 5.17 ERA.  Things didn’t get any better in the playoffs, as the southpaw posted an 8.10 ERA and gave up three more homers in 6 2/3 frames of postseason work.

These issues with the long ball were also apparent in Imanaga’s 2024 season, if not to the same extreme level.  He also allowed less hard contact and had a solid 25.1% strikeout rate, while delivering a 2.91 ERA over 173 1/3 innings.  This excellent debut season earned Imanaga a fourth-place finish in NL Rookie of the Year voting, a fifth-place finish in Cy Young Award voting, and his first All-Star nod.

Given how well Imanaga was seemingly adjusting to the big leagues over his first season and a half, it seemed like a lock that the Cubs were going to exercise their options to keep Imanaga in the fold through 2028.  However, his rough finish to the season seemingly changed the Cubs’ mind about such a substantial commitment.

Likewise, Imanaga and his reps at Octagon could’ve been concerned over how the market would react to his homer-heavy final 69 2/3 innings.  MLB Trade Rumors ranked Imanaga 22nd on our list of the offseason’s top 50 free agents and projected him for a three-year, $45MM deal, but Imanaga and his reps at Octagon might have viewed the qualifying offer as an impediment to an acceptable contract.  If Imanaga was going to have to settle for a short-term “prove it” type of deal anyway, accepting the QO allows him to aim for a bounce-back season in a familiar environment, and for a bigger one-year average annual value.

Returning to the Cubs also allows Imanaga to play for a team that should again be playoff contenders.  Starting pitching should still continue to be a need for Chicago even with Imanaga back, but at least one box has now been checked off of the team’s rotation plans.  Imanaga joins Matthew Boyd, Cade Horton, Jameson Taillon, and Colin Rea in the projected starting five, with Justin Steele theoretically able to return from a UCL revision surgery relatively early in the 2026 campaign.  Javier Assad and Ben Brown are also on hand, but the Cubs will want to bolster this group with at least one more reliable starter, given how the team didn’t trust its depth (including Imanaga) during the postseason.

Inset photo courtesy of Kamil Krzaczynski — Imagn Images

Cubs Among Teams Interested In Michael King

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The Cubs are in the market for notable rotation upgrades this offseason, and right-hander Michael King is among the names on their radar, per Patrick Mooney and Sahadev Sharma of The Athletic. Mooney and Sharma also double down on the Cubs’ previously reported interest in Dylan Cease, noting that the Cubs are willing to forfeit the requisite draft pick and international funds to sign a player who has rejected a qualifying offer (which both Cease and King received from the Padres).

King, 31 next May, has had an atypical arc over the past few seasons. A swingman and multi-inning reliever for several years in the Bronx, he moved into the Yankees’ rotation late in the 2023 season and posted brilliant results in nine starts down the stretch. New York shipped him to San Diego as part of the Juan Soto blockbuster of the 2023-24 offseason, and King subsequently broke out as one of the top starters in MLB, starting 30 games for the Friars and turning in a 2.95 ERA with a hearty 27.7% strikeout rate against a solid 8.7% walk rate.

It was more of the same early in 2025. King sprinted out of the gates with a 2.59 ERA and even better rate stats (28.4 K%, 7.6 BB%) in his first 10 starts. By late May, he’d claimed the No. 6 spot on our Free Agent Power Rankings here at MLBTR. A nine-figure free agent deal seemed all but certain — provided King stayed healthy.

That proved to be a major caveat. The Padres placed King on the 15-day IL in late May with what was originally termed inflammation in his right shoulder. San Diego later called it a pinched nerve in his shoulder, but it wasn’t expected to be a prominent injury … at least not at first. King, however, wound up spending nearly three months on the shelf. In late June, King publicly voiced frustration with the injury, noting that there were days where he was in significant discomfort and could barely muster any baseball activity — and that he’d wake up a day later feeling close to 100% and ready to go.

King finally returned the mound in early August, giving the Padres hope that he’d be back atop their rotation down the stretch. His return lasted all of two innings, however — but not due to his previously problematic shoulder. Rather, King landed back on the 15-day IL due to a left knee issue that popped up in his return effort. An MRI revealed no structural damage, and King hoped to be back after a minimal stint but still wound up sidelined for another month.

King returned for good in early September, but his results in four starts were rocky. He pitched just 15 2/3 innings and yielded 10 runs on 18 hits (including six homers) with an 11-to-7 K/BB ratio. Brilliant as his start to the season was, King pitched a total of 17 2/3 innings with a 6.11 ERA following May 18. He made one appearance with San Diego in the postseason, pitching one inning of relief — and striking out the side in a perfect frame.

There’s little doubting that King is among the most talented arms in the sport, but his platform year before free agency finished with more of a whimper than a roar. The Padres seemingly don’t have any qualms about his health. They issued him a $22.025MM qualifying offer despite having minimal payroll flexibility this winter. San Diego would presumably be thrilled to have King back, given the need in their rotation, but they’re reportedly aiming for a similar payroll to 2025 and King accepting the QO would put them about $10MM over where they sat in ’25. If the Padres had major concerns about his shoulder and/or knee, they likely wouldn’t have risked the QO — particularly since their compensation for him signing elsewhere will only be a pick after the fourth round (rather than after the first) due to their status as a luxury tax payor.

King isn’t necessarily the sole focus of the Cubs’ hunt for rotation upgrades (nor is Cease). The Athletic duo note that Chicago has some interest in star NPB righty Tatsuya Imai and they could rekindle last offseason’s trade talks with the Marlins about their starting pitchers. Imai will be posted for major league teams next week. Marlins ace Sandy Alcantara is signed through 2026 with a club option for 2027, while 27-year-old righty Edward Cabrera is controlled via arbitration through 2028. It’s still possible that lefty Shota Imanaga returns, whether via accepting his own QO or perhaps working out a new two-year deal.

The Cubs currently project for a payroll of about $158MM, per RosterResource, which sits around $50MM shy of their end-of-season levels in 2025. They’re nowhere close to the luxury tax, currently sitting close to $75MM shy of next year’s $244MM first-tier threshold. Shortstop Dansby Swanson is currently the only Cubs player who’s guaranteed anything beyond the 2026 season. His seven-year, $177MM contract runs through 2029. There’s quite literally no free agent the deep-pocketed Cubs can’t afford to pursue, so the only limitations on their winter additions will be self-imposed if the bidding reaches a point that’s too far beyond the comfort zone of either the front office or owner Tom Ricketts.

Latest On Cubs, Shota Imanaga

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The Cubs are headed into this offseason prioritizing pitching additions, as president of baseball operations Jed Hoyer told reporters (including Robert Murray of FanSided) yesterday. Hoyer noted that the club already has “a lot of position players,” which will lead them to prioritize giving a boost to both the rotation and bullpen.

It’s not necessarily a shocking update. While star outfielder Kyle Tucker’s free agency leaves a hole in the middle of Chicago’s lineup, it’s long seemed as though he was likely to end up elsewhere upon reaching free agency given the Cubs’ hesitance when it comes to giving out top-of-the-market contracts. Jason Heyward’s $184MM contract signed back during the 2015-2016 offseason remains the largest deal in Cubs history, and Tucker is expected to at least double that figure. While Hoyer told Murray that he’ll “be talking to” Tucker’s representation and was effusive in his praise of the four-time All-Star, a focus on pitching makes more sense given that hesitance to spend at the top of the market and Chicago’s roster outlook.

The Cubs already have everyday players locked into the majority of the spots on their roster. Nico Hoerner and Dansby Swanson are one of the league’s top middle infield duos, Ian Happ is the franchise’s longest-tenured player who just earned his fourth consecutive Gold Glove in left field, while Michael Busch and Pete Crow-Armstrong have cemented themselves as core pieces at first base and in center field. Seiya Suzuki is also sure to be in the lineup on an everyday basis, whether that’s in right field or as the team’s DH. Things seem more or less settled behind the plate as well after a career year for Carson Kelly, with Miguel Amaya and Reese McGuire both in the fold to help back up the veteran as well.

If the Cubs were going to make an addition to the lineup, adding a corner outfielder or DH (wherever Suzuki isn’t playing) or a third baseman would make the most sense. Even then, however, the Cubs have a group of up-and-coming young position players who could get full-season looks next year like Matt Shaw, Owen Caissie, Moises Ballesteros, and Kevin Alcantara. Shaw’s 93 wRC+ in 126 games last year, including a 130 wRC+ after the All-Star break, makes it easy to justify giving him runway at the hot corner next year. While none of Caissie, Ballesteros, or Alcantara has received substantial playing time in the majors yet, between the three of them it’s not unreasonable for Chicago to think they could mostly handle one spot in the lineup.

By contrast, the pitching staff clearly needs work. Shota Imanaga is now a free agent, and with Justin Steele’s return date uncertain coming off Tommy John surgery the only pitchers locked into rotation spots for Opening Day next year are mid-rotation veterans Matthew Boyd and Jameson Taillon as well as Rookie of the Year runner-up Cade Horton. Even among that group, there’s some red flags. Boyd has a lengthy injury history and only just enjoyed his first healthy season since 2019. Horton ended the season on the injured list and missed nearly all of 2024 due to a shoulder strain. Taillon missed around two months due to calf and groin issues. While players like Colin Rea and Javier Assad are viable starters in their own right, they’re best served as swing options.

That leaves room for a rotation addition or two, and there’s plenty of interesting arms who could make an impact for the Cubs this winter. Dylan Cease and Framber Valdez might price themselves out of the Cubs’ comfort zone, but either would still be far less expensive than Tucker. Chicago has done well courting NPB talent in the past, so perhaps right-hander Tatsuya Imai could be a fit. Ranger Suarez, Michael King, Brandon Woodruff, and Zac Gallen are among the many names who the Cubs could look to bring into the fold.

That doesn’t mean a reunion with Imanaga can be ruled out, however. The Cubs extended the southpaw a qualifying offer at the outset of the offseason last week, and he’ll need to decide in the coming days whether or not to accept that one-year, $22.05MM offer. Jon Heyman of the New York Post writes that Imanaga is expected to decline that offer, but that wouldn’t necessarily rule out a return even if he does so. Bruce Levine of 670 The Score suggests that the sides could look to reunite on a two-year deal this winter, which could come either before or after the QO deadline next week.

Reuniting with Imanaga would be a gamble, given the uncertain nature of Wrigley Field’s park factors and Imanaga’s struggles with keeping the ball in the park. Even so, however, it’s at least plausible that being attached to draft pick compensation dampens Imanaga’s market enough that a return to the Cubs makes sense for him. Chicago seems unlikely to participate in a bidding war for his services after declining a three-year, $54MM option on his services at the outset of the offseason, but if Imanaga were considering accepting the QO a two-year deal could theoretically allow the Cubs to lower the hit they’ll face for luxury tax purposes while also creating some additional security for Imanaga.

As for the bullpen, the Cubs are in need of reinforcements there most of all. Brad Keller, Drew Pomeranz, Caleb Thielbar, and Andrew Kittredge were all key high leverage arms for the team this season but are no longer with the club; the former three are free agents, while the latter was traded to Baltimore to avoid the buyout on his club option. That leaves Chicago with little certainty in the bullpen outside of Daniel Palencia, but reporting has suggested they won’t be very involved on top free agent relief arms like Edwin Diaz and Devin Williams. That still leaves a number of interesting veterans who could be had a one- or two-year deals, however, like Kenley Jansen and Pete Fairbanks.

MLBTR Podcast: Surprising Option Decisions, Qualifying Offers, And Paul DePodesta

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The latest episode of the MLB Trade Rumors Podcast is now live on Spotify, Apple Podcasts, and wherever you get your podcasts! Make sure you subscribe as well! You can also use the player at this link to listen, if you don’t use Spotify or Apple for podcasts.

This week, host Darragh McDonald is joined by Steve Adams of MLB Trade Rumors to discuss…

Check out our past episodes!

The podcast intro and outro song “So Long” is provided courtesy of the band Showoff.  Check out their Facebook page here!

Photo courtesy of Kiyoshi Mio, Imagn Images

Drake Baldwin Wins National League Rookie Of The Year, Earns Braves PPI Pick

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Braves catcher Drake Baldwin is the 2025 National League Rookie of the Year, the Baseball Writers Association of America announced. Cade Horton of the Cubs and Caleb Durbin of the Brewers finished second and third in the voting, respectively. Baldwin’s win will net Atlanta a bonus draft pick after the first round in 2026, via the Prospect Promotion Incentive. Horton earns a full year of service time from his top two finish. The full voting results can be found here.

Baldwin came into the year as one of the top prospects in baseball. Since he finished the 2024 season at Triple-A, he had a shot at a big league job to start 2025. However, Atlanta was set to open the season with Sean Murphy as the primary backstop. Rather than be a backup at the major league level, there was an argument for Baldwin to stick at Triple-A and get regular reps.

In early March, Murphy suffered a rib fracture, an injury with a timeline of four to six weeks. That opened the door for Baldwin to get an Opening Day job. He hit well in the spring and Atlanta added him to the roster prior to Opening Day. Though Murphy got healthy by early April, Baldwin had already started producing and he never really stopped. The two shared the catching duties fairly evenly for a few months, though Murphy returned to the injured list in September due to a right hip labral tear.

Baldwin finished the year with 446 plate appearances over 124 games. He hit 19 home runs and slashed .274/.341/.469 for a wRC+ of 125. That means he was 25% better than the league average hitter, though that’s even further above par for a catcher. Most outlets considered his defense to be a bit below average, but not by much. FanGraphs credited him with 3.1 wins above replacement on the year.

While Baldwin’s win is surely gratifying for him personally, it also benefits the team. The current collective bargaining agreement introduced measures to combat service time manipulation. If a team promotes a top prospect early enough for him to earn a full service year, then that player meets certain awards criteria, the team is awarded with an extra pick just after the first round in the next draft. Since Baldwin was a consensus top prospect who was up all year, his Rookie of the Year win gives Atlanta a PPI bonus pick in 2026.

Horton also came into the season as one of the top prospects. He had finished 2024 at Triple-A but with just five appearances at that level. He was sent back to Triple-A to start 2025 but the Cubs needed rotation help fairly early on, as Justin Steele and Shota Imanaga were both on the injured list by early May.

Horton was called up on May 10th. He stayed up with the club the rest of the way, though a rib fracture put him on the injured list late in September. He finished the season with 118 innings pitched, having allowed 2.67 earned runs per nine.

There was probably some luck in there. Horton’s 20.4% strikeout rate was subpar, though his 6.9% walk rate was good and his 42.3% ground ball rate right around average. His .258 batting average on balls in play and 78.3% strand rate were both to the fortunate side. ERA estimators like his 3.58 FIP and 4.26 SIERA feel his ERA should have been around a run higher, though the performance was still good enough for a second-place finish in the voting.

That is significant for Horton, as there’s a flipside to the aforementioned PPI bonuses for teams. If a top prospect is not promoted early enough in the season to get a full service year, he can earn one retroactively with a top-two finish in the Rookie of the Year voting. Horton only earned 142 service days this year, 30 shy of the 172 needed for a full season, but this vote result will get him bumped up to the one-year mark. That means he will be on pace to become a free agent after 2030 instead of 2031.

Durbin was not a top prospect to open the year, meaning PPI wasn’t a factor for him, but he had a good season regardless. Acquired from the Yankees last offseason, he was called up in April and took over the third base job in Milwaukee. He appeared in 136 games and stepped to the plate 506 times. He hit just 11 home runs and didn’t walk much but rarely struck out, leading to a .256/.334/.387 line and 105 wRC+. He also stole 18 bases and was credited with five Defensive Runs Saved and two Outs Above Average at the hot corner.

Several other players also received some recognition from the voters. Isaac Collins of the Brewers finished fourth, followed by Daylen Lile of the Nationals, Agustín Ramírez of the Marlins, Chad Patrick of the Brewers, Jakob Marsee of the Marlins, Jack Dreyer of the Dodgers, Matt Shaw of the Cubs, Jacob Misiorowski of the Brewers, Nolan McLean of the Mets and Heriberto Hernández of the Marlins.

Photo courtesy of Geoff Burke, Jordan Godfree, Isaiah J. Downing, Jeff Hanisch, Imagn Images

Kyle Hendricks To Retire

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Veteran right-hander Kyle Hendricks is calling it a career. The longtime Cubs hurler, who spent the 2025 season with the Angels, is retiring, per Maddie Lee of the Chicago Sun-Times.

Hendricks, now 35, will be forever associated with the curse-breaking Cubs but was originally drafted by the Rangers. Texas grabbed him with an eighth-round pick back in 2011. A year later, while in High-A, he was flipped to the Cubs as part of the July 2012 trade which sent Ryan Dempster to Texas.

He continued to climb the minor league ladder and debuted with the Cubs in 2014. He made 13 starts that year, logging 80 1/3 innings, allowing 2.46 earned runs per nine. His velocity was barely above 90 miles per hour but he showed strong command of a five-pitch mix, relying more on disrupting hitters’ timing than missing bats. He would eventually earn the nickname “The Professor” on account of both his cerebral approach to pitching and the fact that he went to Dartmouth College, an Ivy League school.

At that time of his debut, the Cubs were still looking for their first World Series since 1908 and were also rebuilding. Despite a strong debut from Hendricks in 2014, the Cubs finished fifth in the National League Central for a fifth straight year.

But the light at the end of the tunnel was getting brighter. Guys like Hendricks, Anthony Rizzo, Jake Arrieta and Javier Báez were already on the roster. Kris Bryant hadn’t yet debuted but was the top prospect in baseball going into 2015. The Cubs made a big splash to signal a new era by signing Jon Lester to a six-year, $155MM deal.

In 2015, Hendricks got to pitch his first full big league season. He logged 180 innings over 32 starts with a 3.95 ERA, 22.6% strikeout rate, 5.8% walk rate and 51.3% ground ball rate. The Cubs emerged from their rebuild, winning 97 games and nabbing a playoff spot. At that time, the Wild Card round was just a one-game playoff between two clubs. The Cubs got by the Pirates and then beat the Cardinals in the NLDS, felling two division rivals, but were swept out of the NLCS by the Mets.

The Cubs and Hendricks found another gear the following year. Hendricks led the majors in ERA with a 2.13 figure over 190 innings. He finished third in Cy Young voting behind Max Scherzer and Lester. The Cubs won 103 games and finished atop the Central. They beat the Giants in the NLDS and the Dodgers in the NLCS. The latter series was clinched by Hendricks throwing 7 1/3 shutout innings in Game Six. That set up a matchup against Cleveland in the World Series, which would eventually go to seven games. Hendricks got the ball in the final game and went 4 2/3 innings, allowing one earned run. The Cubs would eventually win the game 8-7 in ten innings. Hendricks had a 1.42 ERA over five starts in that postseason.

That ultimately proved to be a peak for the franchise and for Hendricks himself, though the team had a few more winning seasons and Hendricks continued to be a solid piece of the rotation. In March of 2019, he and the Cubs agreed to a four-year, $55.5MM extension. That deal was set to keep him at Wrigley through 2023, though the Cubs would eventually pick up a club option for 2024 as well.

By that time, Hendricks had seen his results slip. As mentioned, he was never a huge velocity or strikeout guy but those attributes had fallen further from par as he aged. That led to him posting a 5.92 ERA in 2024. After that season, he and the Cubs finally parted ways. Early in the 2024-25 offseason, he signed a one-year, $2.5MM deal with the Angels. He grew up in Southern California, so this allowed him to pitch for a team close to his roots for the first time. He made 31 starts for the Halos with a 4.76 ERA.

Overall, Hendricks pitched in 307 games and logged 1,745 innings with a 3.79 ERA, 105 wins and 91 losses. He made 146 quality starts, including six complete games and four shutouts. He struck out 1,373 opponents. Baseball Reference estimates he earned just over $86MM in his career. We at MLB Trade Rumors congratulate The Professor on a fine career and wish him the best on whatever comes next.

Photo courtesy of Jeff Curry, Katie Stratman, Imagn Images

Justin Turner Plans To Play In 2026

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The 2025 season was a tough one for two-time All-Star Justin Turner, who batted just .219/.288/.314 in 191 plate appearances with the Cubs. Between that rough showing and Turner’s looming 41st birthday later this month, some have wondered whether he’ll continue playing. Agent Greg Genske of Vayner Sports tells Jon Morosi of MLB Network that Turner indeed is intent on playing in what would be his 18th major league season in 2026.

The 2025 season was the first below-average season Turner has had at the plate since establishing himself as a big league regular. He hit .259/.354/.384 between Boston and Seattle in 2024 and was 16% better than average at the plate in both ’23 and ’24, by measure of wRC+. This year’s downturn in production was steep, but it came in a relatively minimal sample and wasn’t accompanied by a glaring uptick in punchouts Turner’s strikeout rate did climb from 17.6% to 19.4%, but his contact rate — specifically his contact rate on balls within the strike zone — was largely unchanged.

Virtually all of Turner’s struggles in 2025 came against right-handed pitching. He tallied 109 plate appearances versus lefties and delivered a solid .276/.330/.429 batting line (112 wRC+). Against right-handed opponents, he was one of the worst hitters in MLB: .141/.232/.155 in 82 plate appearances (a gruesome 16 wRC+). At least some of that is attributable to a .179 BABIP against righties, though his struggles can’t be blamed solely on poor fortune. Turner’s 39.7% ground-ball rate was his highest since 2014, and he posted career-worst marks in pop-up rate, line-drive rate and hard-hit rate.

Based on Turner’s age and last year’s lack of production, anything more than a modest one-year deal seems unreasonable. Turner’s one-year deal with the Cubs paid him a guaranteed $6MM, and he’ll almost certainly need to take a pay cut on that sum. Last year’s struggles will make a club reluctant to offer him regular at-bats, but a team with payroll concerns and a left-handed option at first base/DH could view him as an affordable veteran roll of the dice who brings plenty of clubhouse benefits to the fold. Clubs like the Padres (Gavin Sheets), Rangers (Joc Pederson), Guardians (Kyle Manzardo, C.J. Kayfus) and Royals (Vinnie Pasquantino) all have lefty-hitting first base and/or designated hitter options that struggled against southpaws in 2025.

13 Players Receive Qualifying Offers

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Thirteen players have received a qualifying offer this year, reports Jeff Passan of ESPN. The list is as follows:

This year’s QO is valued at $22.025MM. All 13 players will have until Nov. 18 to decide whether to accept that one-year offer or decline and become a free agent. They can spend that time gauging the open market to determine interest in their services. If a player accepts the QO, he’ll be treated as a free agent signing and thus will be ineligible to be traded without his consent until June 15 of next year. If he declines, any team that signs him will be subject to draft and/or international bonus forfeitures, depending on its revenue-sharing and luxury tax status.

The bulk of the list was generally expected. Every recipient other than Torres and Imanaga was pegged as likely or a no-doubter to receive the QO on MLBTR’s annual lists of qualifying offer previews for position players and for pitchers. Torres was viewed as something of a long shot, at least on the MLBTR staff. He’s coming off a nice season in Detroit but struggled through a poor finish — perhaps in part due to injury — and wasn’t hit with a QO last offseason when coming off a comparable year at the plate in the Bronx.

Imanaga was listed as a borderline call on our preview as well. The Cubs declined a three-year, $57.75MM option on Imanaga last week. He subsequently declined a $15.25MM player option (which came with an additional player option at $15.25MM) — effectively opting out of a remaining two years and $30.5MM. The Cubs are banking on Imanaga also turning away one year at just over $22MM after turning down that remaining $30.5MM in guaranteed money.

The qualifying offer is determined each year by taking the average of the game’s 125 highest-paid players. We’ve already covered the penalties that each team would face for signing a qualified free agent, as well as the compensation each club would get for losing a qualified free agent to another team.

Among the notable free agents to not receive a qualifying offer are Lucas Giolito, Robert Suarez, Devin Williams and Jorge Polanco. Giolito might have received one had it not been for a late elbow issue that ended his season. Suarez has been excellent and just opted out of the remaining two years and $16MM on his contract, but he’ll be 35 next year. The Padres have been reducing payroll in recent seasons and likely didn’t want to risk Suarez locking in that weighty one-year sum. Williams would have received a QO with a typical season, but he struggled throughout much of the season’s first four months before a dominant finish. Polanco enjoyed a terrific rebound campaign but is 32 years old and was limited to DH work for much of the season due to ongoing injury issues.

The qualifying offer grants each of these free agents the chance at a notable one-year payday, though the majority of them will reject without much thought. Players like Tucker, Bichette, Schwarber, Valdez, Cease, Suarez and Diaz are likely to see comparable or larger (much larger, in Tucker’s case) salaries on multi-year deals in free agency. Even players like Grisham, who probably won’t land a $22MM annual value over multiple years, are still likely to reject. Major league free agents typically — though not always — prioritize long-term earning over short-term, higher-AAV pacts. A three- or four-year deal worth $14-16MM per year, for instance, is typically viewed as preferable to accepting one year at a higher rate.

There’s risk in declining the offer, of course. Teams are more reluctant to sign players who’ll cost them valuable draft picks and/or notable portions of their hard-capped bonus pool for international amateurs. Every offseason, there are a handful of free agents whose markets are weighed down by the burden of draft pick compensation. That typically applies to the “lower end” of the QO recipients. For top stars like Tucker, Bichette, etc. — draft/international forfeitures are simply considered the cost of doing business and don’t tend to have much (if any) impact on the player’s earning power.

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