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Marlins Acquire Bradley Blalock

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1:30pm: The Rockies and Marlins officially announced the deal. The Rockies receive minor league right-hander Jake Brooks in return. Brooks was an 11th-round pick of the Marlins in 2023. He posted a 4.33 ERA across 116 1/3 innings last year, split between High-A and Double-A. He’ll be eligible for the Rule 5 draft in December of 2026 if he doesn’t have a 40-man spot by then. The Fish designated Osvaldo Bido for assignment to open a roster spot, which you can read more about here.

10:49am: The Marlins are acquiring right-hander Bradley Blalock from the Rockies in exchange for a minor league pitcher, according to a report from ESPN’s Jeff Passan. Blalock was designated for assignment by Colorado last week in order to make room for Michael Lorenzen on the 40-man roster. The Marlins will need to make a corresponding move to clear 40-man roster space for Blalock once the deal becomes official.

Blalock, 25, was a 32nd round pick by the Red Sox back in 2019. He was traded to the Brewers prior to his big league debut in the deal that brought Luis Urias to Boston. He made his first trip to the majors in 2024, but pitched just one scoreless frame for Milwaukee before being shipped to Colorado in a trade that netted the Brewers righty Nick Mears. Since arriving in Colorado just before the 2024 trade deadline, Blalock has made 20 appearances (including 18 starts) for the Rockies. Those haven’t gone especially well, as he’s posted an 8.25 ERA across 88 1/3 innings of work with the club so far.

Some of that can surely be attributed to the perils of pitching at Coors Field, but even Blalock’s underlying metrics have been deeply troubling. In 58 2/3 frames this season, Blalock posted a minuscule 9.8% strikeout rate against an 8.4% walk rate that nearly matched the punch outs. That was the lowest K-BB% among pitchers with at least 50 innings last year. While a .332 BABIP and a 57.3% strand rate both suggest there could be room for positive regression relative to this year’s brutal 9.34 ERA, a 5.67 xFIP and 6.05 SIERA leave little room for enthusiasm about Blalock’s season in 2026.

Of course, that doesn’t mean decent production from the righty is impossible. Blalock still has youth on his side, having just celebrated his 25th birthday last month, and perhaps a Marlins team that has found a lot of success developing pitchers in recent years can help get the righty on track. Even if Blalock’s skills don’t take a step forward in his new organization, the righty could still benefit enough from getting away from Coors Field (where he has a career 10.85 ERA) that he proves to be an adequate depth option for Miami. The Marlins were in need of depth behind their starting rotation after trades of Edward Cabrera and Ryan Weathers hollowed out the team’s deep cachet of arms a bit.

The starting rotation in Miami remains strong on paper, even after those deals. Sandy Alcantara and Eury Perez figure to a lead a rotation that also includes Braxton Garrett, Max Meyer, and Janson Junk with top propsects Thomas White and Robby Snelling on the way. Blalock will join Ryan Gusto, Osvaldo Bido, and others in the group of depth arms behind the team’s primary starting options. While that puts him fairly far down the depth chart, the number of significant injuries Marlins pitchers (including Alcantara, Perez, and Garrett) have suffered in recent years makes Blalock pitching meaningful innings for the Marlins this year a legitimate possibility. That could change, however, if the team adds a more established veteran pitcher to help eat innings. That’s a move that’s been rumored and speculated upon frequently in the aftermath of their moves to deal away Cabrera and Weathers, but it’s unclear how the addition of depth arms like Blalock and Bido in recent weeks would impact those efforts.

Marlins Claim Osvaldo Bido

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The Marlins have claimed right-hander Osvaldo Bido off waivers from the Rays, reports Daniel Alvarez Montes of El Extra Base. Tampa Bay designated Bido for assignment last week. Miami has an open spot on the 40-man roster after trading lefty Ryan Weathers to the Yankees, so a corresponding move won’t be necessary.

Bido turned 30 this past October. He spent seven seasons in the minors with the Pirates prior to making his debut as a 27-year-old rookie in 2023, and he’s spent the past two seasons pitching with the A’s, who signed him to a big league deal in the 2023-24 winter after Pittsburgh cut him loose. The wiry 6’3″, 175-pound righty has had an up-and-down run in the majors across the past three seasons, posting ugly numbers in 2023 and 2025 but logging 63 1/3 innings of 3.41 ERA ball with solid rate stats in 2024.

Overall, Bido has pitched 193 2/3 innings as a big leaguer. In that time, he carries a collective 5.07 earned run average. Metrics like SIERA (4.60) and FIP (4.67) are a bit kinder, but he’s pitched like a serviceable swingman/sixth starter for much of his time in the league. Bido averages 94.7 mph with both his four-seamer and sinker. His strikeout rate (20.9%) and walk rate (9.6%) are both worse than league average, but not by much. He’s an extreme fly-ball pitcher but hadn’t been especially prone to home runs until the 2025 season — though that was surely due to the Athletics’ temporary home at Sutter Health Park in West Sacramento playing like an absolute launching pad; Bido surrendered 13 home runs in 44 1/3 home innings but just six in 35 1/3 frames on the road.

Bido is out of minor league options, so he’ll need to either break camp with the Fish — presumably in a long relief role — or else clear waivers before he can be sent to Triple-A. Miami has been on the lookout for some rotation depth after trading not only Weathers but also righty Edward Cabrera. Bido provides some for the time being, but an out-of-options journeyman coming off a 5.87 ERA is far from a lock to stick on the roster.

At the moment, Miami’s rotation will include Sandy Alcantara, Eury Perez and (health-permitting) Braxton Garrett. There’s no shortage of other arms to compete for starting jobs. Former top prospect Max Meyer will be healthy after a long injury layoff. Janson Junk, like Bido, came to the Marlins as a journeyman long reliever last year but pitched well enough to carve out a spot on the big league roster in ’26 — whether as a starter or swingman. Righty Ryan Gusto, acquired last July for Jesus Sanchez, offers a similar skill set. Former top prospects Dax Fulton and Adam Mazur have missed time with injury but should be healthy and in the mix for innings. Most notably, top prospects Thomas White and Robby Snelling — two of MLB’s most highly regarded left-handers — are both on the cusp of the majors.

There’s plenty of talent in the mix for Miami’s rotation but also a lot of injury risk and uncertainty. It wouldn’t be a surprise to see them bring in a veteran starter, even if only on a non-roster invitation to spring training, in order to add some stability to the current group.

MLBTR Podcast: The Cubs Land Cabrera And Bregman, Remaining Free Agents, And Skubal’s Arbitration Filing

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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 Anthony Franco 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 Kamil Krzaczynski, Imagn Images

Marlins Trade Ryan Weathers To Yankees

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The Marlins moved another starter, trading Ryan Weathers to the Yankees for four prospects: outfielders Dillon Lewis and Brendan Jones and infielders Dylan Jasso and Juan Matheus. New York already had two openings on the 40-man roster, so no corresponding moves were necessary. Both teams have announced the deal.

It’s the second significant rotation move in as many weeks for Miami. The Fish swapped Edward Cabrera to the Cubs for a package led by rookie outfielder Owen Caissie on Wednesday. It’s surprising to see them pull the trigger on another deal to subtract a controllable starter. Cabrera and Weathers have each had trouble staying healthy, and Miami evidently preferred to stockpile position players over the pair of talented but risky starters.

Weathers, a 26-year-old lefty, is the son of longtime big leaguer David Weathers (who coincidentally was traded from the Florida Marlins to the Yankees at the 1996 deadline). This is the second time that Ryan Weathers finds himself on the move. The Padres selected him with the #7 overall pick in the 2018 draft. He made it to the majors within three years, no small feat for a pitcher who signed out of high school, but struggled in scattered looks with San Diego. The Friars dealt him to Miami at the ’23 deadline for first baseman Garrett Cooper.

The Weathers acquisition came a few months before Miami installed Peter Bendix atop baseball operations. Weathers has shown mid-rotation potential over the past couple seasons but hasn’t been able to put together a full showing. A strained index finger on his throwing hand cost him three months in 2024. He missed the first six weeks last year after suffering a forearm strain during Spring Training. Weathers returned and pitched well over five starts before going down again — this time with a lat strain that knocked him out into September.

Weathers has been limited to 24 starts and 125 innings over the past two years. He turned in a 3.74 earned run average with a solid 22% strikeout rate and lower than average 6.8% walk percentage. Weathers has pushed his average fastball into the 96-97 MPH range and can miss bats with his changeup and sweeper. At full health, he has looked like a potential third or fourth starter. He hasn’t been healthy for more than a couple months at a time since 2023.

Miami and Weathers settled on a $1.35MM salary last week. This offseason was his first of arbitration eligibility. He’ll go through the process at least twice more and won’t hit free agency until the 2028-29 offseason at the earliest. The Yankees are currently in the third tier of luxury tax penalization and taxed at a 95% rate on spending up to $304MM. Weathers’ modest salary means New York only takes on roughly $1.3MM in taxes to add him.

There’s also some roster flexibility, as the southpaw has one minor league option remaining. Weathers should break camp in Aaron Boone’s rotation assuming he gets through Spring Training healthy. Gerrit Cole and Carlos Rodón will open the season on the injured list, while Clarke Schmidt could miss the entire year after last July’s Tommy John procedure. Weathers slots alongside Will Warren and Luis Gil as their projected third through fifth starters behind Max Fried and Cam Schlittler. Any of Weathers, Warren or Gil could be optioned to Triple-A if everyone’s healthy once Rodón and/or Cole return.

The trade should increase Miami’s urgency to add an affordable starter via free agency. Eury Pérez and Sandy Alcantara are the only two locks for Clayton McCullough’s season-opening rotation. Braxton Garrett (internal brace) and Max Meyer (hip surgery) missed most or all of the 2025 season. They’re expected to be ready for Opening Day but should be on innings limits. Journeyman Janson Junk was a decent fifth starter, while Ryan Gusto and Adam Mazur have limited MLB experience.

There’s more upside coming through the pipeline. Highly-regarded prospects Thomas White and Robby Snelling have reached Triple-A. Snelling dominated over 11 starts there and has a strong chance to win a rotation spot out of Spring Training. Former second-rounder Dax Fulton is on the 40-man roster and has also reached Triple-A, though he’s coming off a less impressive season in the high minors.

It remains a high-ceiling group, especially once White and Snelling take the mound at loanDepot Park. They’re short a veteran at the back end whom they can rely upon for some innings. It’s likely they’ll dip into free agency for a starter on a one-year deal, as they did last winter with the Cal Quantrill signing. They should aim a little higher this time around since it’s not out of the question they compete for a playoff spot in 2026. Maybe a multi-year deal candidate like Zack Littell or Nick Martinez winds up dropping into their price range as Spring Training approaches. Jose Quintana, Martín Pérez and former Miami draftee Chris Paddack are all locks for one-year deals and would be more comparable to the Quantrill pickup.

Lewis is the biggest get of the four prospects. Jon Heyman of The New York Post reported last week that Miami evaluators were particularly bullish on the 22-year-old outfielder. His name came up in conversations between the teams when New York was pursuing Cabrera. While they didn’t find an agreeable package in those conversations, the Marlins found another way to add Lewis to the system.

A right-handed hitter, Lewis was a 13th-round pick in 2024 out of Queens University of Charlotte. While he didn’t enter pro ball with a ton of fanfare, he impressed pro scouts during his first full season. Baseball America recently ranked him eighth among Yankees prospects, while he slotted 16th in the system at MLB Pipeline.

Evaluators praise his center field defense and big exit velocities that hint at the raw power upside in his 6’3″ frame. He’s coming off a .237/.321/.445 slash with 22 home runs and 26 stolen bases in a pitcher-friendly setting in the low minors. Lewis struck out at a higher than average 23.5% rate, which is concerning for a college draftee who has yet to advance beyond High-A. There’s a decent amount of risk with questions about his hit tool and distance from the majors, but he’s another toolsy outfield pickup for a club that added Caissie last week.

Jones was another late-round college pick in 2024. A left-handed hitting center fielder out of Kansas State, he combined for a .245/.359/.395 line between High-A and Double-A. Jones walked in almost 15% of his plate appearances and stole 51 bases in 60 attempts. He’s listed at 5’10” and doesn’t have Lewis’ physical upside, but scouts praise his approach and speed. Baseball America ranked him 13th in the Yankees system, while he landed 15th on Pipeline’s ranking. There’s a decent chance he ends up as a fourth outfielder.

Jasso, 23, is a right-handed hitting corner infielder who spent last season in Double-A. He had a solid year, batting .257/.326/.400 with 13 homers. Jasso was a 2023 undrafted free agent whose minor league performance landed him in the back third of New York’s top 30 prospects. He should begin the season at Triple-A Jacksonville and could find himself in the MLB mix by the end of the year. He’ll be eligible for the Rule 5 draft next winter.

Miami rounds out the return with Matheus, a 21-year-old shortstop/third baseman out of Venezuela. The switch-hitter put together a .275/.365/.376 line with a 12.3% walk rate and 18.5% strikeout percentage in A-ball last year. Matheus is on the smaller side at 5’10” and hasn’t hit for more than five home runs in a season. He’s a lottery ticket potential utility player who’ll also be eligible for the Rule 5 draft after the ’26 season.

Jack Curry of The Yes Network first reported the Yankees were acquiring Weathers for four prospects. Craig Mish of SportsGrid had the full return. Image courtesy of Jim Rassol, Imagn Images.

Marlins Re-Sign Jesus Tinoco To Minor League Contract

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The Marlins signed Jesus Tinoco to a minor league deal earlier this week, according to the right-hander’s MLB.com profile page.  Tinoco returns after electing free agency following an outright assignment off Miami’s roster in early November.

The length of the contract isn’t known, which is a key element since Tinoco isn’t expected to pitch in 2026 after undergoing flexor surgery last September.  It is possible the Marlins inked him to a two-year pact with an eye towards having Tinoco healthy and available for 2027, and giving him the 2026 season to rehab in a familiar environment.

This is now the third time Tinoco has joined the Marlins over his 14-pro career, which includes six seasons in the majors (from 2019-25 with the Marlins, Cubs, Rangers, and Rockies) and the 2023 season spent in Japan with the Seibu Lions.  Tinoco first arrived in South Beach after being dealt from Colorado in August 2020, and Miami then claimed Tinoco off waivers from the Cubs in July 2024.

Fifty-one of Tinoco’s 126 2/3 career Major League innings have come in a Marlins uniform, and he has a 3.00 ERA over his time with the Fish.  The numbers were even better before Tinoco posted a 5.12 ERA over 19 1/3 frames last year, and is fair to assume that he was never himself following an IL stint due to a back injury, and then a forearm strain that shut him down at the start of June.

Tinoco has a 3.98 ERA, 19.7% strikeout rate, and 11.3% walk rate over his big league career.  His 2024 campaign was his most promising performance, as he had a 3.32 ERA, 25.9K%, and 7.4BB% in 40 2/3 innings despite bouncing around to three different teams over the course of the season.  The drop in walk rate was a particularly good development, as Tinoco had previously struggled with his control in the majors and at times during his minor league career.

Tinoco relies on his slider and sinker as his primary offerings, and doesn’t make much use of his traditional four-seam fastball (which has mid-90s velocity).  It is an open question how Tinoco’s repertoire might develop once he returns to the mound in what will be his age-32 season, as Tinoco turns 31 this coming April.

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

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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.

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