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Latest On Yankees’ Pitching Search

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The Yankees were known to be one of the teams talking with the Marlins about a possible Edward Cabrera trade, but with Cabrera now in a Cubs uniform, the New York Post’s Joel Sherman reports that the Bronx Bombers are looking elsewhere for rotation help.  The NY Post’s Jon Heyman reiterates that the Yankees continue to have trade interest in the Brewers’ Freddy Peralta and the Nationals’ MacKenzie Gore, and the chances of a Tarik Skubal trade with the Tigers seems remote due to Detroit’s huge asking price.

As per offseason norms, the Yankees have been routinely connected to several major players on the free agent and trade markets, though the club has yet to swing a big transaction.  New York did bolster its pitching depth by re-signing Ryan Yarbrough and Paul Blackburn, but those aren’t the types of arms that would provide the certainty or the upside of a true front-of-the-rotation arm.

Sherman outlines the situation facing the Yankees’ rotation, as technically the team has enough starters between Max Fried, Luis Gil, Cam Schlittler, Will Warren, and Yarbrough to cover innings until Carlos Rodon is back from elbow surgery (in late April or early May), and Gerrit Cole and Clarke Schmidt are back from Tommy John surgery.  Of course, any injuries to the healthy pitchers or setbacks for the injured pitchers could throw this entire plan awry, and Schmidt’s availability for any of the 2026 season isn’t a sure thing since he underwent his TJ procedure last July.

Bringing in not just a depth starter, but a pitcher that could conceivably start a playoff game would naturally be a nice boost to the rotation picture.  Such an addition provides cover against not just injuries, but (as Sherman notes) the possibility that Schlittler might struggle in his first full Major League season, or that Fried might feel some wear after a career-high 195 1/3 innings pitched in 2025.

Interestingly, almost all of the starting pitchers linked to the Yankees on the hot stove this offseason have been trade targets, rather than free agents.  Given how Cody Bellinger seemingly remains New York’s top overall priority, it would seem like the Yankees are allocating their free agent dollars in that direction….or perhaps towards another top-tier option like Bo Bichette if a deal can’t be reached with Bellinger.

While the Yankees were reportedly interested in Tatsuya Imai earlier this winter, Heyman writes that the team was looking at Imai more as a reliever than as a starting pitcher.  As such, the Yankees didn’t make Imai an offer, since presumably the bidding got beyond New York’s comfort range for a relief pitcher.  Imai’s market ended up being narrower than initially thought, and the righty ended up signing with the Astros on a three-year, $54MM deal that includes opt-outs after each of the first two seasons.

Heyman also provides some details on the Cabrera negotiations, as such New York prospects as right-hander Ben Hess and outfielder Dillon Lewis were mentioned, along with “a third lower-level prospect.”  It isn’t specified if these three players were all included in one offer to Miami, but the Marlins instead opted for the Cubs’ three-prospect mix of Owen Caissie, Cristian Hernandez and Edgardo De Leon.  The highly-regarded Caissie is the highest-ranked prospect of the group and he has already made his MLB debut, so he could be in Miami’s outfield as soon as Opening Day.  It is easy to see why the hitting-needy Marlins might’ve preferred Chicago’s offer, especially since the Yankees weren’t willing to include their own top hitting prospect in George Lombard Jr.

In what might be an interesting tidbit to file away for any future Yankees/Marlins trade talks, Heyman writes that “Miami loves the super talented Lewis,” a 13th-round pick in the 2024 draft who finished his first full season of pro ball at high-A Hudson Valley.  Baseball America ranks Lewis as the eighth-best prospect in New York’s farm system, with Hess clocking in fifth place.

Latest On Marlins’ Rotation Plans

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After months of rumors, the Marlins finally dealt Edward Cabrera in a pitching-for-hitting trade, as the right-hander was dealt to the Cubs for a notable three-prospect package headlined by Owen Caissie.  With Caissie ready to make an impact in Miami’s outfield as early as this season, the Marlins bolstered their lineup at the potential expense of their rotation, though the Fish are perhaps one of the few teams with enough rotation depth to withstand the loss of Cabrera.

Sandy Alcantara, Eury Perez, Ryan Weathers, Max Meyer, and Braxton Garrett are tentatively lined up as the starting five, with swingman Janson Junk likely the top depth option.  Adam Mazur and Ryan Gusto also have some big league experience, Dax Fulton looks to be ready for his MLB debut, and top prospects Thomas White and Robby Snelling could also both make their first appearance in the Show before 2026 is out.

Given how this group is long on injury history and mostly short on proven track records, however, a case can certainly be made that Miami could or should add to their starter mix.  Kevin Barral of Fish On First hears from a source that the Marlins could pursue an innings-eating veteran to add some more stability to the rotation.  In the other direction, Ken Rosenthal and Will Sammon of The Athletic write that “the Marlins remain open to further dealing from their rotation for the right return.”

The latter report doesn’t indicate that such a trade if necessarily likely, and it could just be another example of how president of baseball operations Peter Bendix is broadly open to discussing all offers out of due diligence.  Rosenthal and Sammon also note that it is still “unlikely” that Alcantara is traded, echoing multiple reports from throughout the offseason about the Marlins’ lack of appetite in moving the 2022 NL Cy Young Award winner.

Trading away one of the younger arms for another MLB-ready young hitter could be more plausible if the right offer emerges, plus Miami could need to create some rotation space anyway if the team did bring in a veteran hurler.  This hypothetical veteran arm wouldn’t come with a big price tag, as Barral uses the comp of the Marlins’ signing of Cal Quantrill to a one-year, $3.5MM deal last winter.  Naturally Miami would be looking for better results from its next investment, as Quantrill posted a 5.50 ERA over 109 2/3 innings before he was put on waivers in August and claimed away by the Braves.

As one might expect, Bendix didn’t share many hints about adding or subtracting any pitchers when speaking with reporters (including MLB.com’s Christina De Nicola and Jessica Camerato) earlier this week.  While acknowledging the “can never have too much pitching” mantra, Bendix feels his team has plenty of internal options already for a spirited rotation battle in Spring Training, with even White or Snelling being candidates to break camp.

“I definitely don’t have a feel of who the starting five are going to be to open up the season,” Bendix said.  “I think there’s opportunity there, there’s a competition there, there’s open space there, there’s a chance for a whole bunch of guys to step up and earn a spot, and there’s nothing that we’re writing off at this point.”

Nine Teams Terminate Contracts With Main Street Sports

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The nine MLB teams who had contracts with Main Street Sports have terminated those contracts with the company. It’s possible that some of them eventually work out new deals with the broadcaster, which operates channels under the FanDuel Sports Network banner. The teams are the Braves, Reds, Tigers, Royals, Angels, Marlins, Brewers, Cardinals and Rays. Talks between the company and the teams are ongoing. Various elements of this developing story were reported by Evan Drellich of The Athletic, Alden González of ESPN, Ronald Blum of the Associated Press, Tom Friend of the Sports Business Journal and Barry Jackson of The Miami Herald.

The issue is due to the poor financial state of the company. They have recently missed payments to several teams, including the Cardinals and Marlins, but possibly others. The nine teams have cut ties with the company for now to keep them away from potential bankruptcy proceedings and explore other options, but it’s possible some teams will eventually sign new pacts with the company. Main Street is trying to find a buyer, though the reporting indicates talks with DAZN have fizzled out. Fubo TV might have stepped into the bidding but there are conflicting reports about that.

This is just the latest chapter in a saga that goes back quite a while, with cord cutting and streaming having chipped away the regional sports network (RSN) model. The company was previously known as Diamond Sports Group with channels marketed as Bally Sports. Going into 2023, 14 MLB clubs and many teams in other sports leagues had RSN deals with the company. But trouble emerged early that year when the company missed some payments. They filed for bankruptcy in March of 2023.

The company eventually emerged from bankruptcy in November of 2024 and then rebranded. Along the way, many of their deals with MLB clubs fell apart. In some cases, new deals were worked out. In other cases, the league took over broadcasting duties. The Rangers went a different route and launched their own RSN. Coming into 2026, Main Street has 29 deals with teams across MLB, the NBA and NHL.

The path of MLB handling the broadcasts will be available for all the clubs involved here. “No matter what happens, whether it’s Main Street, a third party or MLB media, fans are going to have the games,” commissioner Rob Manfred said Thursday, per Blum.

The MLB path is largely inconsequential for fans. If anything, it’s a better arrangement. MLB still puts the games on cable. For cord-cutters, they have the option of streaming the club by paying the league directly, with no local blackouts.

For the teams, however, it’s not a great situation. RSN deals have been a big source of revenue over the years. The bankruptcy of Diamond/Main Street put many of them in a tough position. Renegotiating with the company meant accepting lower fees than they had been receiving on their previous deals. Going with MLB would allow them to potentially reach more fans but the revenue in that path is both lesser and not guaranteed, as the money is contingent on how many people sign up to stream.

MLB handled the broadcasts of five clubs in 2025: the Padres, Diamondbacks, Rockies, Twins and Guardians. It was reported in September that the Mariners would go down this route in 2026. This week’s reporting suggests the Nationals will likely leave MASN and join with the league as well.

In the cases of at least a few of these teams, the situation seems to had on-field implications by reducing the club’s spending capacity when it comes to player payroll. The Padres and Twins, for instance, have been trying to strike a delicate balance of staying in contention while having less to spend on players than the front office may have once anticipated.

That’s obviously a disadvantage compared to some big-market clubs, many of whom are co-owners in RSNs which are relatively healthy in larger population areas. In July of 2024, it was reported that the league and the MLB Players Association had agreed to redirect some competitive balance tax money to teams impacted by the television situation. This week’s reporting indicates that arrangement was for 2024 alone. There was no such deal in place for 2025 and there’s currently nothing lined up for 2026 either.

“The clubs have control over the timing,” Manfred said this week. “They can make a decision to move to MLB Media because of the contractual status now. I think that what’s happening right now clubs are evaluating their alternatives. Obviously they’ve made significant payroll commitments already and they’re evaluating the alternatives to find the best revenue source for the year and the best outlet in terms of providing quality broadcasts to their fans.”

With this situation and other disruptive developments in terms of MLB’s broadcast landscape, the league’s preference has been to not sign any new contracts that go beyond the 2028 season. It has been reported that many of MLB’s broadcast deals expire after that season. Manfred hopes to put together a league-wide streaming service with no blackouts and/or have a big auction of rights to various games, with multiple broadcasters bidding against each other.

A mini version of this happened recently when MLB’s deal with ESPN fell apart. The league then split up ESPN’s previous package, selling some of it back to ESPN along with other elements. Netflix bought the rights to Opening Day, the Home Run Derby and some other special events. NBC/Peacock bought Sunday Night Baseball and the Wild Card round from 2026 to 2028, as well as other events. ESPN acquired the local rights for the Padres, Diamondbacks, Rockies, Guardians and Twins as part of their new deal.

All of this figures to hang over the upcoming collective bargaining agreement negotiations. The current CBA expires after the 2026 season. Another lockout, like the one in 2021-22, is widely expected. Manfred has essentially admitted that one will occur by speaking positively about the lockout process.

Whether that lockout extends long enough to cancel games in 2027 remains to be seen. The players and the union are already concerned by a lack of spending from some clubs and the RSN situation will likely only exacerbate that. Some of the impacted clubs would likely welcome more revenue sharing but the bigger clubs wouldn’t be as keen on that. The owners are expected to push for a salary cap but the players are strongly opposed to that.

Manfred has made plenty of unpopular moves in his time as commissioner but he can currently point to a legacy that includes no games missed due to labor strife. Baseball’s popularity is also on the rise, despite the aforementioned TV disruption. Game Seven of the 2025 World Series was the most-watched game around the world since 1991. The uptick in ratings and attendance has been attributed by many to recent rule changes, particularly the pitch clock.

Disrupting the 2027 season would impact that legacy and also cut into baseball’s recent surge, which would be inopportune timing with the aforementioned future broadcast plans. Manfred is signed through 2029 and does not plan to seek another term after that.

Photo courtesy of Ron Chenoy, Imagn Images

18 Players Exchange Filing Figures

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Teams and arbitration-eligible players had until 7:00 pm Central to agree to terms or exchange filing figures. The vast majority agreed to salaries, either this afternoon or before November’s non-tender deadline to ensure they were offered contracts at all.

There were 18 cases where team and player did not align — none bigger than the record $13MM gap between the Tigers and Tarik Skubal. Nothing formally prevents players and teams from continuing negotiations. However, virtually every team takes a “file-and-trial” approach to the process. Clubs will mostly refuse to continue talks about one-year deals after this date. They’ll often make exceptions for discussions involving multi-year contracts or one-year deals with a club/mutual option. It’s unlikely that all of these players will end up getting to a hearing, but the majority probably will.

If the sides go to a hearing, a three-person arbitration panel will either choose the player’s or the team’s filing figure. (Hearings will run between January 26 and February 13.) The arbitrators cannot pick a midpoint. That’s designed to prevent the parties from anchoring by filing at extremely high or low figures. Teams’ preferences for the file-and-trial approach follows a similar logic. The idea is to deter players from submitting a higher number from which they could continue to negotiate until the hearing begins.

Unless otherwise noted, Mark Feinsand of MLB.com and ESPN’s Jeff Passan reported all filing figures for those who didn’t reach agreements. The list of players who could go to a hearing this winter (service time in parentheses):

Angels

  • Reid Detmers (3.159): Filed at $2.925MM, team filed at $2.625MM

Astros

  • Isaac Paredes (4.160): Filed at $9.95MM, team filed at $8.75MM
  • Yainer Diaz (3.035): Filed at $4.5MM, team filed at $3MM

Blue Jays

  • Eric Lauer (5.091): Filed at $5.75MM, team filed at $4.4MM (first reported by Ben Nicholson-Smith of Sportsnet)

Braves

  • Dylan Lee (3.150): Filed at $2.2MM, team filed at $2MM

Brewers

Marlins

Mariners

  • Bryce Miller (2.153): Filed at $2.625MM, team filed at $2.25MM

Nationals

Orioles

  • Keegan Akin (5.083): Filed at $3.375MM, team filed at $2.975MM
  • Kyle Bradish (3.160): Filed at $3.55MM, team filed at $2.875MM

Rays

  • Edwin Uceta (2.150): Filed at $1.525MM, team filed at $1.2MM

Reds

Royals

Tigers

Twins

  • Joe Ryan (4.033): Filed at $6.35MM, team filed at $5.85MM

Cubs Acquire Edward Cabrera

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The Cubs and Marlins have completed one of the more notable trades of the offseason — a swap that’ll send righty Edward Cabrera from Miami to Chicago in exchange for top outfield prospect Owen Caissie and minor league infielders Cristian Hernandez and Edgardo De Leon.

Cabrera, 28 in April, is a former top prospect who has shown flashes of excellence in the past but wasn’t healthy enough to deliver on that potential until a breakout 2025 campaign. Though he still logged some IL time this past season, he turned in a career-high 137 2/3 innings with a strong 3.53 ERA and encouraging underlying numbers. Cabrera punched out 25.8% of opponents, logged a career-low 8.3% walk rate — far better than the 13.3% clip he carried into the season — recorded a 46.6% ground-ball rate and sat 97 mph on his four-seamer (and 96.8 mph on his sinker) in 2025.

Early in the 2025 season, Cabrera missed two weeks with blisters on his pitching hand — his second career IL trip due to blister troubles. His second IL trip in 2025 was more alarming, as it was prompted by an elbow sprain late in the year. That’s a far more worrying injury, but Cabrera returned after only three weeks and fired nine generally solid innings across his final two appearances, sitting 97.7 mph on his four-seamer and 97.9 mph on his sinker during that time. Given the trade interest in him this offseason and a deal now complete, it doesn’t appear there’s any current concern about a major elbow injury looming on the horizon.

Beyond his premium velocity and quality rate stats, Cabrera’s contractual situation always figured to hold broad-reaching appeal. He’s entering the second of four arbitration seasons as a Super Two player and is projected by MLBTR contributor Matt Swartz to earn a highly affordable $3.7MM in 2026. He’s under club control all the way through 2028, and based on the fairly low starting point in his arbitration journey, those three seasons aren’t likely to cost much more than $20MM overall.

Cabrera will slot into a deep Cubs rotation mix, joining Rookie of the Year finalist Cade Horton and veterans Matthew Boyd, Jameson Taillon and Shota Imanaga (who accepted a $22.05MM qualifying offer in November). Acquiring Cabrera likely pushes veteran swingman Colin Rea back into a long relief role to begin the season, though he’d be among the first men up in the event of an injury elsewhere on the staff.

Right-hander Javier Assad is also in the mix, though he missed nearly all of the 2025 season due to a severe oblique strain and posted a career-low 15% strikeout rate in the 37 innings he managed to tally late in the season. Assad still has minor league options remaining, so he could be sent to Triple-A to begin the year or else considered for a multi-inning relief role similar to the one Rea might occupy. Other options down in Triple-A include hard-throwing 26-year-old righty Ben Brown and former top prospect Jordan Wicks (also 26). Top prospect Jaxon Wiggins is not yet on the 40-man roster and has barely pitched in Triple-A, but he could be in line for a big league debut this coming season as well.

Of course, the Cubs will be eagerly awaiting the return of ace Justin Steele, ideally at some point in the season’s first half. The 30-year-old Steele was the team’s top starter from 2022-24, pitching a combined 427 innings of 3.10 ERA ball with plus strikeout, walk and ground-ball rates, but he made just four starts in 2025 before requiring UCL surgery in late April. Every rehab process is different, but it’s reasonable to expect that he could be back in June or July.

By the season’s second half, the Cubs could be looking at a rotation led by Steele, Horton and Cabrera, with veterans Taillon, Boyd, Imanaga and Rea among the options for the final couple spots. Injuries will almost always disrupt any team’s best laid plans, but that’s a quality group of arms that doesn’t even factor in Wiggins, who posted a 2.19 ERA and 31% strikeout rate in 18 starts (and one relief appearance) between Double-A and Triple-A last year.

On the Marlins side of things, Cabrera stood as an obvious trade candidate — but one who’d come at a fairly hefty price, given that salary and remaining club control. He landed on the back end of MLBTR’s Top 40 Offseason Trade Candidate list back in November.

It’s obviously not a financially driven move, but the Fish are deep in rotation options — with multiple top prospects nearing readiness — and have various holes in the lineup to fill. Swapping out Cabrera for a package headlined by Caissie works toward that end.

Even with Cabrera departing, Miami can roll out a rotation including Sandy Alcantara, Eury Perez, Ryan Weathers and Braxton Garrett in the top four spots. Journeyman Janson Junk had a surprisingly nice showing with the Fish in 2025 and is an option either in the fifth spot or long relief. The same can be said for righty Ryan Gusto, whom the Marlins acquired in the deadline trade sending Jesus Sanchez to Houston. Former top prospects Max Meyer, Dax Fulton and Adam Mazur are all on the 40-man roster, too. Current top prospects Thomas White and Robby Snelling could both debut this coming season. White, in particular, is regarded as one of the top prospects in the entire sport.

Caissie should step right into the Marlins’ outfield next season. The 23-year-old slugger made his big league debut this past season, struggling in a tiny sample of 27 plate appearances, but is a former second-round pick and longtime top prospect who has shredded minor league pitching. That includes a 2025 campaign in which he slashed .286/.386/.551 (139 wRC+) with 22 homers, 28 doubles and a pair of triples in 99 games/433 plate appearances of Triple-A work.

Caissie is a lefty-swinging corner outfielder with big power and big swing-and-miss tendencies. He fanned in nearly 28% of his Triple-A plate appearances last year. He’s regularly been able to offset the damage of those strikeouts by walking at high clips, however. He drew a free pass in 13.2% of his Triple-A plate appearances last year and has an overall 13.6% walk rate in five minor league seasons.

Scouting reports on Caissie praise his plus throwing arm but predict he’ll be limited to corner work (despite some early-career experience in center field). He has the makings of a prototypical three-true-outcomes right fielder. The Marlins could go with 2025 breakout slugger Kyle Stowers in left field and Caissie in right, thus giving them a pair of high-powered bats to plug into the heart of their order for the foreseeable future.

Because Caissie only made a brief MLB debut this past season, he still has six full seasons of club control remaining. He’s still rookie-eligible, so the Marlins could potentially pick up a draft pick for him via MLB’s prospect promotion incentive program, depending on when he’s brought up for his Marlins debut and (of course) on how he fares in awards voting early in his big league tenure. Caissie was only selected to the major league roster last offseason, meaning he’s only exhausted one minor league option year and still has two remaining.

Caissie joins Stowers and breakout center fielder Jakob Marsee in comprising a talented and intriguing outfield core. The Marlins’ lineup, in general, has gotten more interesting over the past couple years, thanks largely to the emergence of Xavier Edwards alongside those young outfielders. Former top catching prospect Agustin Ramirez hit for power in his rookie campaign this past season but struggled to get on base and played extremely poor defense behind the plate. Marlins president Peter Bendix has emphasized that the club hopes to continue developing Ramirez behind the plate, but he could see time at first base and DH in 2026, especially once top catching prospect Joe Mack debuts.

Hernandez, 22, is a speed-and-defense shortstop who spent the 2025 season with the Cubs’ High-A affiliate. Baseball America recently ranked him 16th among Cubs farmhands heading into the 2026 season, noting that he has plus raw power but hits the ball on the ground far too frequently to ever tap into that pop. (This past season’s seven home runs were a career-high.) BA’s report notes that Hernandez has the tools to be an above-average defender but is often inaccurate with his throwing despite good arm strength.

Improving the accuracy on Hernandez’s throws seems like a more attainable goal than overhauling his offensive approach to get more loft without compromising his lower-than-average strikeout rate, but if the Marlins can fix both those traits, it’s possible they’ll have a starting-caliber shortstop on their hands. Those are big “ifs,” of course, particularly considering that Hernandez just hit .252/.329/.365 as a 21-year-old in his second stint with the Cubs’ High-A affiliate. He’s a project, but a capable shortstop coming off a 52-steal season (61 attempts) is a nice secondary piece to add to the system.

De Leon is the furthest from MLB-ready. He’s an 18-year-old who signed as part of Chicago’s 2024 international class. The 6′, 170-pound De Leon played with the Cubs’ Dominican Summer League club in 2024, hitting .277/.431/.433 in 181 plate appearances. He moved up to their Rookie-level Arizona Complex League affiliate in 2025 and slashed .276/.353/.500 in 153 turns at the plate. BA’s Geoff Pontes listed him as a sleeper prospect to watch heading into the 2026 season, citing his encouraging exit velocities and plus raw power.

With just 334 professional plate appearances under his belt and his 19th birthday still six weeks away, De Leon is a pure development project for Miami. He’s been a productive hitter in each of his two pro seasons, though, even with some moderately worrying swing-and-miss tendencies (28.8% strikeout rate in 2025). He’ll probably head to the Marlins’ Low-A affiliate to begin the 2026 season and doesn’t seem likely to be a potential major league factor until 2028 or 2029 at the earliest.

The Marlins remain a work in progress and will most likely enter 2026 as something of a playoff long shot, but there are a number of upward-pointing arrows on the roster, making it an encouraging time for Miami fans.

Bleacher Nation’s Michael Cerami first reported that a Cabrera trade between the two teams was near completion. Kevin Barral of Fish On First reported Caissie as the likely headliner. Christina De Nicola of MLB.com and Craig Mish of SportsGrid broke the news of the other two prospects in the deal. Jeff Passan of ESPN first reported that the medical review process had been completed and that the trade was official.

Giants, Yankees, Mets, Cubs Interested In Edward Cabrera

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9:55PM: The Giants are “also believed [to be] interested” in Cabrera, Jon Heyman of the New York Post writes. San Francisco has already signed Tyler Mahle and Adrian Houser to join Logan Webb, Robbie Ray and Landen Roupp in the rotation, but a more controllable pitcher like Cabrera would be useful since Ray and Mahle will be free agents next winter. Beyond that starting five, the Giants have several younger arms but not a lot of experience, and conceivably one or two of these pitchers could be moved to Miami in a hypothetical Cabrera trade package.

12:54PM: The Yankees are discussing the possibility of a trade for right-hander Edward Cabrera with the Marlins, according to a report from Chris Kirschner and Ken Rosenthal of The Athletic. The report also adds that the Yankees remain involved in the market for Brewers right-hander Freddy Peralta after their involvement was first reported at the Winter Meetings last month. Meanwhile, Barry Jackson of the Miami Herald reports that the Mets and Cubs have also shown interest in Cabrera.

Cabrera, 27, is an exciting young arm with considerable upside. The righty enjoyed a breakout season last year with Miami, pitching to a 3.53 ERA with a 3.83 FIP in 137 innings of work across 26 starts. That’s decent mid-rotation production already, but what makes Cabrera an especially enticing trade candidate is the possibility he’ll take a step forward in the future. The youngster averaged a career-best 97.0 mph on his fastball this past season despite throwing a career-high in terms of innings, and paired a strong 25.8% strikeout rate with a career-best 8.3% walk rate.

With a solid 47.9% ground ball rate for his career in addition to those strong strikeout and walk numbers, it’s not hard to imagine Cabrera building on his 2025 season to emerge as a dominant starter. The righty is also controlled through the end of the 2028 season, meaning that an acquiring club would have plenty of time to work with him before he reaches free agency.

Of course, that’s not to say there aren’t causes for concern. 2025 was the first year Cabrera crossed the 100 inning threshold at the big league level due to an assortment of injury woes. The most significant of were shoulder problems that limited him in both 2023 and ’24, but even last season saw Cabrera make two trips to the injured list. His second trip to the shelf, which occurred back in September, saw him sidelined due to a right elbow sprain. Elbow injuries are always worrisome for pitchers given that UCL injuries wipe out at least a year of a pitcher’s career when they require surgery, though it’s worth noting that Cabrera still struck out 26.3% of his opponents over his final two starts of the season after he returned from the shelf.

The Yankees, for their part, are seeking at least one starter to add to their rotation with both Gerrit Cole and Carlos Rodon poised to start the season on the injured list, while Clarke Schmidt figures to miss most if not all of the 2026 campaign. Max Fried, Luis Gil, Cam Schlittler, and Will Warren all figure to be part of the Opening Day rotation at this point, but additional injuries could crop up and it makes plenty of sense for the Yankees to add another starter to the mix ahead of depth options like Paul Blackburn and Ryan Yarbrough.

Cabrera could be a particularly appealing addition for New York given that MLBTR contributor Matt Swartz projects him to earn just $3.7MM in arbitration this year. While the Yankees certainly have the budget to afford someone pricier, their primary focus seems to be retaining Cody Bellinger at this point and it’s unclear if the team has the stomach for a second nine-figure deal on top of the one Bellinger is reportedly seeking. That would leave bids of players like Ranger Suarez and Framber Valdez unrealistic, and Cabrera projects to be better than most other starters in free agency at this point.

That affordability also figures to be attractive to the Cubs, who have long been known to be searching for a player to add to the front of their rotation this winter. The club appeared to finish second in the Tatsuya Imai sweepstakes behind the Astros earlier this week, so it’s possible that missing out on Imai could spur the team to more aggressively pursue Cabrera or other starting pitcher.

Cabrera’s affordable salary would be particularly attractive for the Cubs given their reported interest in the infield market. They’ve been connected to each of Kazuma Okamoto, Alex Bregman, Eugenio Suarez, and Bo Bichette on one level or another throughout the offseason, and while Okamoto is off the market the other three remain available. Swinging a deal for Cabrera could allow the Cubs to sign one of those big bats without going over the luxury tax, something they’ve been loath to do in recent years, and that signing of an infielder could lessen the blow to the team’s offense a trade for Cabrera might create.

As for the Mets, the team has made adding to the front-of-their-rotation a stated priority as well but so far have been focused on reworking their position player mix and bullpen. Pete Alonso and Edwin Diaz both walked in free agency, while Jorge Polanco, Devin Williams, and Luke Weaver have signed to help make up for those losses. Meanwhile, they’ve shipped out Brandon Nimmo and Jeff McNeil while bringing Marcus Semien into the fold via the trade market.

All that maneuvering has left the starting rotation virtually untouched, and the Mets have made clear that they’re willing to deal from their collection of young infield talent (including Ronny Mauricio, Mark Vientos, and Luisangel Acuna) this winter as they look to improve the rest of their roster. They also have plenty of young pitching of their own, which could be attractive to the Marlins as a way to keep their deep rotation well-stocked with talent even after dealing Cabrera.

Twins Acquire Eric Wagaman, DFA Ryan Fitzgerald

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The Twins have acquired first baseman Eric Wagaman from the Marlins in exchange for minor league pitcher Kade Bragg, as confirmed by both teams this afternoon. Wagaman was designated for assignment earlier this week. To make room for Wagaman on their 40-man roster, the Twins DFA’d infielder Ryan Fitzgerald.

Wagaman, 28, spent several years in the Yankees’ minor league system before he was taken by the Angels in the minor league portion of the 2023 Rule 5 draft. He debuted for L.A. the following September, but he didn’t hit well enough to stave off a DFA at the end of the season. After electing free agency, he signed with the Marlins, and in 2025, he played his first full campaign in the bigs. Over 140 games, he slashed .250/.296/.378 for a .674 OPS and an 85 wRC+. He hit nine home runs, stole four bases on five attempts, and grounded into 11 double plays. On defense, Wagaman mostly played first base, though he also appeared in a handful of games in the corner outfield spots and stepped in at third base on a few occasions. Considering his well-below-average offense at a position where teams typically look for well-above-average offense, it was hardly surprising to see Wagaman DFA’d when the Marlins needed to make room on the roster for trade acquisition Esteury Ruiz. Evidently, the Twins must see a little more to like in his bat.

Bragg, 24, signed with the Twins in 2023 after they selected him in the 17th round of the draft. He made his professional debut in 2024 but landed on the injured list in late April and missed the rest of the season. Healthy again in 2025, the left-hander impressed in his first full season, rising from Single-A to High-A to Double-A. All told, he pitched to a 2.94 ERA and 3.73 FIP in 67 1/3 innings of relief, striking out 82 and giving up just six home runs. Walks were an issue, and clearly, the Twins don’t value Bragg all that highly. Neither do the prospect evaluators at sources like Baseball America, MLB Pipeline, or FanGraphs; he wasn’t ranked on any of their most recent Twins prospect lists. Still, based on his successful performance in his first full season, the Marlins’ development team has an interesting new project to work on.

Fitzgerald, 31, finally earned his call to the show in 2025. He started his career in independent ball, where he impressed the Red Sox enough to earn a minor league contract in 2018. Five years later, the Royals selected him in the minor league phase of the 2023 Rule 5 draft – the same draft that saw Wagaman join the Angels. However, Fitzgerald wasn’t able to make the majors with his new team, and he elected free agency after the 2024 campaign. He then latched on with Minnesota on a minor league contract, and finally, a month before his 31st birthday, he made his MLB debut. While his first stint with the Twins lasted less than a week, he earned another call-up in August following the team’s trade deadline sell-off and stuck around for the rest of the season. Altogether, he hit for an .837 OPS and a 119 wRC+ in 59 games at Triple-A and a .758 OPS and 110 wRC+ in 24 games in the majors. Unfortunately for Fitzgerald, his plus hitting and defensive versatility (he played all four infield positions) weren’t enough to keep him in Minnesota’s plans for 2026. At some point over the next five days, the Twins will either trade him or place him on waivers. If he were to clear waivers, the Twins could send him outright to the minor leagues and keep him in their organization.

Dodgers Trade Esteury Ruiz To Marlins

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8:48pm: The teams officially announced the trade, and Miami confirmed that Wagaman has been designated for assignment.

6:47pm: The Dodgers are trading outfielder Esteury Ruiz to the Marlins for minor league pitcher Adriano Marrero, reports Francys Romero. Miami reportedly plans to designate first baseman Eric Wagaman for assignment in a corresponding move. This drops L.A.’s roster count to 39.

Ruiz is best known for stealing an AL-leading 67 bases as a member of the Athletics in 2023. That’s the only season in which he has appeared in even 30 games at the big league level. Ruiz batted .254/.309/.345 with five home runs in 497 trips to the plate. He only walked at a 4% clip and, despite showing his plus speed on the bases, graded poorly as a center fielder.

It clearly wasn’t what the A’s had in mind when they chose Ruiz over William Contreras as the centerpiece of their return in the three-team Sean Murphy trade the previous offseason. He spent most of the ’24 season in Triple-A and underwent arthroscopic surgery on his right knee at year’s end. The A’s cut bait this past April, designating Ruiz for assignment and trading him to Los Angeles.

The 26-year-old has only taken 88 trips to the dish at the MLB level over the past two seasons. He’s coming off a big year in Triple-A, where he hit .303/.411/.514 while going 62-73 in stolen base tries. Ruiz has shown a more patient plate approach against minor league pitching than he did during his big league run a few seasons back.

Miami preferred Ruiz to Dane Myers, another righty-hitting backup outfielder whom the Marlins traded to Cincinnati last week. Myers is a superior defensive option in center but doesn’t have Ruiz’s upside as a base stealer. Ruiz is three years younger and has better career Triple-A numbers, as he owns a .315/.418/.505 line with an 18% strikeout rate at the top minor league level. Myers has fanned in 23% of his Triple-A plate appearances and owns a .295/.380/.440 mark in 98 games. Ruiz has played in more hitter-friendly settings, but the youth and superior contact skills make him a more intriguing depth piece. Both players are entering their final minor league option year.

The Dodgers making a roster-clearing move will fuel speculation as to whether they have anything imminently planned on the free agent or trade front. To this point, there hasn’t been any indication that Los Angeles has any kind of pending move lined up. DFA limbo is frozen between Christmas and New Year’s Day, so this presumably isn’t a move to accommodate a waiver claim.

Whether they have any follow-up moves on the horizon, the Dodgers add a lottery ticket arm to the farm system. Marrero is an 18-year-old righty out of Cuba. He pitched this year in the Dominican Summer League. Marrero wasn’t ranked among Miami’s top 30 prospects but signed for a decent $350K bonus. In September, Baseball America’s Ben Badler credited the 6’3″ hurler with a three-pitch mix (low-90s sinker, sweeper, and changeup) that gets promising lateral movement. BA ranked Marrero among the 20 most intriguing pitching prospects in this year’s amateur signing class.

Marlins Designate Eric Wagaman For Assignment

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The Marlins are designating first baseman Eric Wagaman for assignment, reports Kevin Barral of Fish On First. That’ll open the 40-man roster spot to accommodate the acquisition of outfielder Esteury Ruiz when that trade is finalized.

Wagaman, 28, signed with Miami on a split contract last winter after being non-tendered by the Angels. He wound up starting more than half the club’s games at first base. The right-handed hitter held an MLB roster spot all year and tallied 514 plate appearances. His .250/.296/.378 slash line with nine home runs wasn’t enough to cut it as an everyday player at a bat-first position. FanGraphs and Baseball Reference each rated him as a little worse than replacement level.

First base was probably Miami’s biggest weakness entering the offseason. One can argue that’s still the case, though it seems they’re planning to give Christopher Morel the job after signing him to a $2MM free agent contract. Morel is coming off two consecutive replacement level seasons himself. He’s a better athlete with flashier tools than Wagaman brings to the table, though, and he has a couple 20-homer seasons on his résumé.

Wagaman has better bat-to-ball skills but limited power potential. He has some flexibility in that he can play all four corner spots, though his middling speed and arm strength make him a fringe defender. Wagaman probably fits best as a bench bat who can do some damage in favorable platoon settings. He hit .283/.321/.462 with five homers, 14 doubles, and a triple in 184 plate appearances against left-handed pitching this year. Miami’s first base/DH mix with Morel, Agustín Ramírez and Heriberto Hernández already skewed right-handed.

A team that is heavier on left-handed bats could take a flier on Wagaman via small trade or waiver claim. He still has a full slate of minor league options and won’t be eligible for arbitration for at least two years. Teams ordinarily have five days after a DFA to trade a player or place them on waivers. The clock is frozen between Christmas and New Year’s Day, so Wagaman probably won’t learn where he’ll end up until the second week of January. He would not have the service time to refuse an outright assignment if he goes unclaimed on waivers.

Marlins Sign Pete Fairbanks

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December 28: The Marlins have officially announced the Fairbanks signing. His Christmas Eve deal was pending a physical, which he seems to have passed. Miami had room on the 40-man roster after trading Dane Myers to Cincinnati yesterday. With Fairbanks now on board, the Marlins 40-man is back up to 40.

December 24: The Marlins and reliever Pete Fairbanks are in agreement on a contract, according to Will Sammon of the Athletic. It is a one-year, $13MM contract for the Republik Sports client, according to Jeff Passan of ESPN. Per Mark Feinsand of MLB.com, the deal includes a $1MM signing bonus and another $1MM in incentives based on appearances. Fairbanks will also receive a bonus of $500,000 if he is traded. The deal is pending a physical. The Marlins have a full 40-man roster and will need to make a corresponding move to make this official.

Fairbanks, who turned 32 last week, is coming off a 2.83 ERA in 60 1/3 innings for the Rays in 2025. Tampa held an $11MM club option on his services for 2026, but they instead paid him a $1MM buyout. We at MLBTR ranked him No. 44 on our Top 50 Free Agents list and projected a two-year, $18MM contract. He now heads to the Marlins on a shorter deal with a higher annual salary and figures to be the team’s closer next year.

The right-hander debuted in 2019 and has pitched 265 1/3 innings with a 3.19 ERA in his seven seasons with the Rays. In that time, Fairbanks has struck out 30.0% of hitters against a 9.3% walk rate thanks to an upper-90s fastball and a mid-80s slider which he uses 44.1% of the time. He also gets groundballs at an above-average 45.1% rate and generally keeps the ball in the park, allowing just 0.81 HR/9.

He has also frequently dealt with injuries, making seven trips to the injured list from 2021-24. He had better health luck this year, as he avoided the injured list and set a career high with 60 1/3 innings pitched. When he’s healthy, Fairbanks is a dominant back-end reliever. In 151 innings as the Rays’ closer from 2023-25, he had a 2.98 ERA while posting a 18.9% K-BB rate and earning 75 saves, which was 12th-highest in the league in that span.

That largely continued in 2025, albeit with a drop in Fairbanks’ advanced metrics. After striking out 37.0% of hitters as recently as 2023, that has fallen to 23.8% in 2024 and 24.2% in 2025. That is still plenty effective, especially as he has lowered his walk rate from 10.9% in 2023 to 7.4% this year. However, it has also come with an uptick in average exit velocity. Hitters averaged 85.7 mph off the bat against Fairbanks in 2023, but that rose to 90.2 mph in 2025. Meanwhile, his four-seamer now sits at 97.3 mph after averaging 98.9 mph in 2023.

Nonetheless, the fact that the current version of Fairbanks has better-than-average strikeout and walk rates with 90th-percentile fastball velocity means that he is still an effective reliever. If anything, the move by the Rays to decline his option was financially motivated. Tampa Bay’s payroll usually ranks near the bottom of the league (29th out of 30 in 2025). They previously signed Fairbanks to a three-year, $12MM extension in January 2023. While $4MM was a comfortable price range for the team, $11MM may have simply been too high a price to commit to one reliever, even one as effective as Fairbanks.

Indeed, the club tried to trade Fairbanks after the season ended, but they couldn’t find any takers. That ended up being a moot point, as he garnered plenty of interest from teams around the league. The Marlins, Diamondbacks, White Sox, and Tigers were publicly known to be interested in the right-hander. Miami always seemed like a logical fit, given the connection between Fairbanks and president of baseball operations Peter Bendix from their time with the Rays.

With the addition of Fairbanks, the Marlins have fortified a bullpen which ranked 23rd in the league with a 4.27 ERA and 17th with a 14.1% K-BB rate in 2025. The best performer of the bunch was right-hander Ronny Henriquez. The 25-year-old pitched 73 innings over 69 appearances this year with a 2.22 ERA and a 32.3% strikeout rate. His 1.3 fWAR was a team high for relievers, while his peripheral stats were slightly higher than his ERA but still excellent. He also earned seven saves throughout the season. It was the best possible outcome for the Marlins, who acquired Henriquez as a waiver pickup last offseason. Unfortunately, news broke two days ago that the righty underwent an internal brace procedure on his throwing elbow. As a result, he will miss the entire 2026 season.

Including Henriquez, the team got a good amount of volume from its bullpen in 2025. Seven Marlins relievers pitched at least 50 innings, with Tyler Phillips’s 77 2/3 innings leading the group. He pitched to a 2.78 ERA and got groundballs at a well-above-average 55.6% rate, albeit with just a 16.6% strikeout rate and middling peripherals. Calvin Faucher and Lake Bachar had ERAs of 3.28 and 3.78, respectively, but with expected values in the mid-4.00s. Meanwhile, Anthony Bender, Cade Gibson, and Valente Bellozo had solid groundball rates but below-average strikeout numbers. The signing of Fairbanks upgrades the group with more velocity, strikeouts, and groundballs while covering for Henriquez’s injury and taking pressure off the younger arms.

According to RosterResource, the signing of Fairbanks brings the Marlins’ projected payroll to $73MM, a slight bump from $70MM in 2025. That figure includes just over $15MM for eight arbitration-eligible players, with $2MM of that going to the recently-signed Christopher Morel (previously non-tendered by the Rays). So far, Morel and Fairbanks have been the club’s only big-league free agent signings, though the club is reportedly willing to spend more than usual this offseason.

Photos courtesy of Nathan Ray Seebeck and Kim Klement, Imagn Images

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