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Cardinals, Mets Among Teams Interested In Griffin Canning

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The Cardinals and Mets both have some interest in free agent righty Griffin Canning, reports Jon Heyman of the New York Post. Canning spent the 2025 season with the Mets after signing a one-year, make-good deal in free agency last year. He started the season well before running into a brief rough patch and then suffering a torn Achilles tendon before he really had a chance to bounce back. The White Sox are also known to have interest.

A former second-round pick and highly regarded prospect with the Angels, Canning has shown glimpses of the upside he had during his minor league days but hasn’t found much consistency in the majors. Part of that is due to persistent injuries, as he’s missed time in his career due to not just last year’s Achilles tear but also elbow, groin and calf injuries over the years. The Angels traded him to the Braves for Jorge Soler just hours into the 2024-25 offseason in what amounted to a salary dump for Atlanta; Canning was non-tendered just a couple weeks later.

After signing a one-year deal with the Mets, Canning looked like a quality bargain to begin the season. Spring injuries to Sean Manaea and Frankie Montas opened a rotation spot, and Canning ran with that opportunity. Through his first nine starts, he posted a terrific 2.47 ERA with slightly better-than-average strikeout and walk rates (23.2% and 8.6%, respectively) and an excellent 55.2% ground-ball rate. He had some good fortune in terms of balls in play, home runs and strand rate, but even more bearish metrics like SIERA (3.84) and FIP (3.92) still graded him as a solid mid-rotation arm.

Canning hit some trouble in mid-May, walking 18 hitters over his next 26 1/3 innings. He didn’t get a real chance to bounce back from that rough patch. During the third inning of a road start against the Braves, he suffered a torn Achilles tendon during his follow-through on what otherwise looked like a perfectly innocuous pitch. Canning had to be helped off the field and underwent season-ending surgery. His 2025 campaign ended with a 3.77 ERA, 21.3% strikeout rate, 10.7% walk rate and 50.9% ground-ball rate. The bump in grounders was particularly notable, given that he’d been a fly-ball pitcher with the Halos. The Mets made some changes to his pitch selection and also altered the shape/release points of his slider and changeup.

Another one-year deal for Canning seems likely after the way his 2025 season ended. He ought to command more than the $4.25MM guarantee he received last winter — at least as long as he’s healthy. Heyman writes that Canning is expected to be ready “around” Opening Day, so it’s not yet clear whether he’ll need an IL stint to begin the season (and may not become fully clear until afer he’s signed and spring training is underway).

The Mets and Cardinals both make varying levels of sense. New York obviously liked Canning last winter and had to be encouraged by how he performed with input from their staff. They’re looking for depth and have been open to trade offers on both Kodai Senga and David Peterson.

The Cardinals are an even more sensible fit. They’re in the early stages of a rebuild over in St. Louis, and Canning could provide a veteran arm and some upside who could play his way into trade chip status this summer. After trading Sonny Gray and seeing Miles Mikolas become a free agent, the Cardinals’ rotation currently mix includes Matthew Liberatore, Michael McGreevy, Andre Pallante, Kyle Leahy, free agent pickup Dustin May and trade acquisitions Richard Fitts and Hunter Dobbins. Prospects Quinn Mathews, Tink Hence and Brycen Mautz could debut at some point in 2026 as well. That’s a lot of arms but far less certainty, making the addition of Canning or another veteran a sensible pursuit.

Phillies Reportedly Made Seven-Year Offer To Bo Bichette

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The Mets and Bo Bichette reportedly have a deal in place, a three-year deal with a huge average annual value and opt-outs after each season. It seems he almost went the more traditional route. Bob Nightengale of USA Today reports that the Phillies thought they were going to land Bichette with a $200MM deal over seven years until the Mets swooped in with their offer after losing Kyle Tucker to the Dodgers last night. Matt Gelb of The Athletic says the offer was between $190MM and $200MM.

The full breakdown of the offer from Philly isn’t known, so it’s hard to fully compare the two paths. For instance, the Philly offer may or may not have contained deferred money or opt-outs, which could change the perception of its value.

But the basic structure is more in line with expectations from the beginning of the offseason. Back in November, MLBTR predicted Bichette for a $208MM deal over eight years, an average annual value of $26MM. Philly’s offer, assuming no deferrals were involved, would have been a slightly lower guarantee but at a higher AAV of $28.6MM.

That kind of deal would have been in line with other deals received by All-Star middle infielders in recent years. Willy Adames, Dansby Swanson, Marcus Semien, Javier Báez and Trevor Story all received guarantees between $140MM and $182MM in recent years, on deals of either six or seven years in length.

Bichette has decided to go a different route and it’s understandable why he would. He is still quite young, only 27 years old, turning 28 in March. With this Mets deal, the specific structure hasn’t yet been reported, but it’s a $42MM average annual value. If he stays healthy and productive, he can bank more than 20% of what the Phils offered him in one year, then return to the open market in search of another long-term offer. If he has an injury-shortened season or his performance takes a downturn, he can decline his opt-out and continue earning at a high rate. Even if he plays out all three years of his deal with the Mets, he will have earned almost two thirds of the Philly offer. He’ll be going into his age-31 season and could look to make up the difference then.

He can also re-evaluate the spending environment more generally. The current collective bargaining agreement expires next winter. The industry is expecting a lockout, just as there was the last time a CBA expired, but that lockout resulted in gains for free agents. The competitive balance tax thresholds went up, which helped spur spending over the past few years. The owners are expected to push for a salary cap next winter but that’s nothing new for them. They’ve pushed for that before without the players agreeing to it, so it’s entirely possible the players make gains in the CBT area again.

Both Tucker and Bichette decided to go the short-term, high-AAV route. Usually, top free agents go out looking for the security of a long-term deal but pivot to these kinds of arrangements when they don’t find what they’re looking for. In at least Bichette’s case, it appears he didn’t have to go this way but chose to. It’s possible Tucker did as well. Jesse Rogers of ESPN reports that he had long-term offers, getting up to even ten years. No specifics have been reported on those offers but they may have come from the Blue Jays. Recent reporting has suggested they were more willing to go long-term than the Mets or Dodgers.

It’s difficult to say if this is indicative of some sort of trend from the team perspective. Ultimately, we’re talking about two data points here with Tucker and Bichette. It’s understandable why the teams would want to avoid long-term commitments. Signing a top free agent often involves offering him a longer deal than other teams are willing to do. Those later years can be painful as a player pushes into his late 30s and his production declines.

But convincing a player to go the short-term route usually means cranking up the AAV levels. The teams who can most afford to do that usually have high payrolls to begin with, and therefore high tax bills. With the Tucker deal, the Dodgers are not going only to pay him a $57.1MM AAV, factoring in deferrals. They’re also going to pay a 110% tax on that AAV, leading to a tax bill of almost $63MM. That means they’re valuing Tucker’s 2026 campaign around $120MM. Unless they dip below the top tax bracket in 2027, the same will be true for that season.

The Dodgers seemingly preferred this route due to various circumstances. They have a relatively old roster, with many of their core players in their mid-30s. They presumably know that they can’t field a successful team like that forever and need younger players to step up. Many of their top prospects are outfielders who have not yet reached Triple-A and are therefore still a bit over the horizon. Tucker’s short-term deal is therefore a perfect bridge to that next era.

For the Mets, president of baseball operations David Stearns got his job with the club already having a lot of money on the books and he seemingly has a reluctance to adding to it. Despite having access to Steve Cohen’s checkbook, he has mostly capped the club at three-year deals. An exception was made for Juan Soto’s epic deal, though he was a special case as a free agent going into his age-26 season.

Apart from Soto, Stearns hasn’t given anyone a deal longer than three years. They reportedly stretched a bit by offering Tucker four years, though he took a very similar offer from the Dodgers. The Mets then pivoted to give a strong three-year deal to Bichette. It seems the club would rather spend more money now, both in terms of salary and taxes, in order to not bog down the long-term picture with deals for aging players. The full details of the Bichette deal with the Mets haven’t been released but the Mets will probably pay more than $40MM in annual taxes, on top of what Bichette will receive.

That’s consistent with some of their other pursuits. They swapped out the five years remaining on Brandon Nimmo’s deal for Marcus Semien, signed for three years but at a higher rate. They seemed unwilling to go beyond three years for either Pete Alonso or Edwin Díaz, who both signed elsewhere. The Mets have also been on the lookout for starting pitching but reportedly have a preference to avoid long-term deals there as well.

It’s unclear if these kinds of preferences are going to be fairly permanent or if they’re due to current circumstances. TheMets have a decent veteran contingent on the roster but are waiting for younger guys like Nolan McLean, Jonah Tong, Brandon Sproat, Carson Benge, Jett Williams and others to form a new young core. Perhaps as those players become established at the big league level, and big-money contracts expire, the front office will be more willing to make long-term investments.

Whether or not this is a trend will surely depend on the upcoming collective bargaining agreement. The current CBA, negotiated during the 2021-22 lockout, saw the tax brackets get pushed up noticeably. That has seemingly worked out fairly well for players, as spending has stayed robust since that CBA was signed. Some teams will argue that this kind of spending is why a salary cap is necessary but they benefit from the current arrangement. Half of the tax money collected from big-spending clubs gets redistributed to other teams, alongside other revenue-sharing payments.

The players seem unlikely to agree to a salary cap regardless. They would also likely point out that a cap system would probably still see marquee free agents paid well, whereas the middle tier and lower free agents would be more likely squeezed out.

If this does turn out to be a trend, it will be notable to watch it play out in the long run. Perhaps onerous deals like those for Kris Bryant or Anthony Rendon will become less common but players who stay productive could earn far more by continually commanding premium salaries.

The Phillies were less keen on the Dodgers/Mets path. Gelb reports they were not willing to offer Bichette a short-term, high-AAV deal because of their tax situation. Like the Dodgers and Mets, they are repeat tax payors in the top CBT bracket, which means a 110% tax on additional spending. They therefore preferred to make a longer offer, signing Bichette into his mid-30s at a lower annual rate.

It seems they’ve already pivoted and spent the money that Bichette didn’t take. They reportedly have a three-year, $45MM agreement in place to bring back J.T. Realmuto. The $15MM AAV on that deal is well south of what they offered Bichette, but the Bichette deal was likely going to lead to a trade of third baseman Alec Bohm, who is going to make $10.2MM this year. The Phils will be sticking with Realmuto and Bohm for roughly the same annual price as they would have paid to Bichette.

It would have been an interesting alternate path for the Phils. A seven-year commitment would have added another long-term deal for a club that already has a number of those. But on the other hand, Bichette would have been a welcome infusion of youth. Most of the core players on the Phillies are both in their mid-30s and signed long term. Tagging in the 28-year-old Bichette would have counteracted that but he has gone a different path, leaving the Phils to stick with Realmuto and a very similar club to last year’s.

Photo courtesy of Dan Hamilton, Imagn Images

Mets Claim Tsung-Che Cheng

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The Mets claimed infielder Tsung-Che Cheng off waivers from the Rays, per announcements from both clubs. Tampa Bay designated Cheng for assignment last week. New York had open 40-man space and thus doesn’t need to make a corresponding roster move at this time.

Cheng, 24, made his big league debut with the Pirates in 2025 but went hitless in seven plate appearances. He didn’t fare all that well in Triple-A last year either, hitting just .207/.305/.267 with one homer, 12 doubles and three triples in 410 turns at the plate. However, Cheng is a plus runner who swiped 20 bags despite that paltry OBP, and he’s also a capable defender at shortstop, second base and third base. The 5’8″ lefty swinger also has an excellent eye at the plate, evidenced by a career 12.5% walk rate in the minors.

Pittsburgh designated Cheng for assignment last month. The Rays added him via waivers recently but designated him again upon acquiring lefty Ken Waldichuk. Cheng still has a minor league option year remaining, so he adds some fleet-footed depth that can play decent default at multiple positions while providing quality plate discipline. There’s no guarantee he sticks with the Mets all the way through spring training, but for now he can provide some cover in the event of injuries or the trade of a young infielder such as Mark Vientos, Luisangel Acuña or Ronny Mauricio.

Mets To Sign Bo Bichette

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The Mets wasted little time in changing gears after missing out on the offseason’s top free agent. They’ve reportedly agreed to a massive three-year, $126MM contract with free agent infielder Bo Bichette. The Vayner Sports client can opt out of the contract after this season and after the 2027 campaign, and if he chooses to do so he’ll pick up an additional $5MM bonus. The contract, which does not contain any deferred money and affords Bichette a full no-trade clause, is pending the completion of a physical.

It’s a stunning and near-immediate pivot for a Mets club that is barely 12 hours removed from losing out on Kyle Tucker, who just last night went to the Dodgers. Los Angeles outbid the Mets’ reported four-year, $220MM deal with a four-year, $240MM contract that gives Tucker two opt-out opportunities (post-2027 and post-2028). Having missed on that big swing, the Mets now pivot to the market’s next-best bat and next-best all-around free agent, bringing Bichette in on a $42MM annual value that ties Zack Wheeler for the sixth-largest in MLB history.

In landing Bichette, the Mets are not only pivoting from Tucker in arguably the most notable way possible — they’re also keeping him from a division rival that had emerged as the ostensible frontrunner. Bichette met with the Phillies earlier this week, and made him a seven-year offer worth around $200MM. They believed they were close to a deal last night, but the Tucker decision prompted a pivot from the Mets, who swooped in and stole him from their rivals. Bichette now lands a mammoth annual value that could grow even further (via that $5MM bonus) if he opts out and returns to the market next winter, ahead of what would still be only his age-29 season.

Though the fit isn’t necessarily as clean as Tucker would have been for a Mets club that already had a deep infield and was lacking in outfielders, Bichette adds a clear plus bat to manager Carlos Mendoza’s lineup. The 27-year-old (28 in March) has been a well above-average hitter in all but one of his seven major league campaigns — a 2024 season that was cut short by multiple calf injuries and a broken finger standing as the lone exception.

Bichette hit just .225/.277/.322 in 80 games during that awful 2024 campaign. He not only bounced back in 2025 but turned in arguably the best performance of his career on a rate basis, slashing .311/.357/.483 with 18 home runs in 628 plate appearances. By measure of wRC+ (134), it was Bichette’s best season since his late call-up during the 2019 campaign (MLB’s juiced-ball season).

Even on its surface, Bichette’s 2025 season looks excellent. It doesn’t tell the tale of his finish, though, which had both positives and one very obvious negative. Bichette actually had a tepid start to his 2025 campaign. The underlying batted-ball data through his first month-plus was strong, but he hit just .275/.316/.363 through the first week of May. From that point forth, Bichette caught fire. Over his next 457 plate appearances, he laid waste to opposing pitchers at a .325/.372/.528 clip. That was 50% better than league-average, by measure of wRC+, and even that doesn’t fully do justice to Bichette’s jaw-dropping summer; over his final 238 plate appearances, the second-generation All-Star went supernova with a .381/.437/.591 slash (187 wRC+).

Unfortunately for both Bichette and the Blue Jays, that previously mentioned “very obvious negative” struck in early September when he suffered a sprained posterior cruciate ligament in his knee and missed the remainder of the regular season. He was also inactive for the early rounds of postseason play, only returning in the World Series. Bichette was clearly hobbled during the Fall Classic, limping to first base with ’88 Gibson-esque speed when putting the ball in play and displaying a lack of range at a new position: second base. Bichette’s shortstop glovework has been panned for years, and the Jays took the downtime as an opportunity to shift the defensively superior Andres Gimenez over to shortstop in his absence.

Despite the clearly injured knee, Bichette’s bat didn’t miss a beat in the World Series. He went 8-for-23 with seven singles and a titanic three-run homer off Shohei Ohtani in Game 7 of the World Series. Had the Jays’ bullpen managed to hold the lead, that would-be game-winner would have trailed only Joe Carter’s walk-off blast in franchise lore. Of course, that’s not how the game turned out, but Bichette’s 442-foot bomb still served to further underscore that even at less than 100%, he was a clear impact bat.

Bichette now carries a lifetime .294/.337/.469 batting line with him to Queens. He’s been 20-35% better than an average hitter every season of his career with the exception of that 2024 outlier, and this past season’s 14.5% strikeout rate was a career-low. He couples those plus-plus contact skills with above-average power and high-end batted-ball data; Bichette averaged 91 mph off the bat this past season (72nd percentile), and his 48.8% hard-hit rate sat in the 83rd percentile of big league hitters.

The question for Bichette and the Mets is how well he can handle a move to third base. His shortstop deficiencies were largely due to sub-par range. He doesn’t have a plus throwing arm necessarily, but it’s closer to average — at least in terms of the average velocity on his throws, as measured by Statcast — than was the case with his bottom-of-the-scale lateral movement. Bichette averaged 82.3 mph on his throws across the diamond last year — below par in MLB but still an upgrade (at least in terms of pure arm strength) over the man he’ll be replacing at the hot corner, Brett Baty (81.2 mph). Bichette may not be a plus defender at third, but even average defense coupled with his bat and good health would result in All-Star output.

Baty could now bounce between multiple positions. He’s played second base and left field in the past, and the Mets would surely be open to experimenting with him at first base, too. The designated hitter slot provides more opportunities for all. It’s a similar range of possibilities to the one faced by Jorge Polanco, who inked a two-year, $40MM deal last month. Polanco will reportedly be used extensively at first base and designated hitter despite having virtually no prior first base experience.

For a team that has preached run prevention for much of the offseason, lining up with Bichette at third base and Polanco/Baty at first probably isn’t how they drew things up originally — but the offseason is a layered beast that rarely unfolds in alignment with even the best-laid plans. Even if the Mets’ infield defense (and outfield defense, for that matter) is lacking, it’ll be solid up the middle thanks to Francisco Lindor and Marcus Semien. It should also be a highly productive offensive unit — particularly if Semien’s bat can bounce back at all.

Of course, the addition of Bichette also makes a potential trade of Baty — and several other infielders — more likely. Clubs seeking third base help include the Mariners, Angels and Pirates (as explored at length yesterday), among others. Any could show interest in Baty, Mark Vientos, Luisangel Acuña and/or Ronny Mauricio. Acuña, Vientos and Mauricio have all reportedly been available throughout the offseason anyhow. Some form of move seems likely, especially when considering both Acuña and Vientos are out of minor league options and looking to bounce back from poor seasons.

From a payroll vantage point, the Bichette contract is all the more staggering. Not only is the $42MM annual value the sixth-largest ever, it’s also only a fraction of what the Mets will actually have to pay due to this signing. New York was already on the cusp of the top tier of luxury penalization. Bichette catapults them $33MM north of that final cutoff point, per RosterResource’s estimates. They’ll pay a 95% tax on the first roughly $9MM of his annual value and a full-freight 110% tax on the remaining $33MM. Assuming an even distribution of his $126MM over the three-year term, the Mets would be paying more than $86MM for Bichette in 2026 alone. If he triggers that $5MM bonus upon opting out next winter, that’d also be subject to a 110% tax, bringing the Mets’ total bill on Bichette to about $97MM for just one year.

Moreover, the signing underscores the minimal amount that many big-market, CBT-paying clubs care about paying the 110% tax on short-term deals marquee players. The Dodgers’ signing of Tucker — just as will be the case with Bichette’s deal — has rekindled public outcry for a salary cap, but the players will likely only use these deals to illustrate the discrepancy between the middle and upper class of free agents; the union will surely argue that a cap would only further expand that gap and point out that half the money paid by CBT offenders is redistributed to other teams (in addition to standard revenue-sharing). That won’t fly with small-market owners, who’ll argue that they can’t compete with this type of expenditure. Both sides will dig in their heels.

It’s also fair to wonder whether this is a short-term blip or a burgeoning trend. Even big-market clubs seem increasingly against long-term contracts. For years, it was the Dodgers who tended to prefer short-term, high-AAV deals. But we’ve now seen the Mets limit their Tucker offer to four years and go three super-premium years on Bichette — while also declining to go beyond three years for Pete Alonso or Edwin Diaz. The Red Sox clearly prefer the trade market to free agency and surprised onlookers by even extending to five years to sign Ranger Suárez. The Yankees have reportedly been stuck on five years for their offer to Cody Bellinger while he seeks a seven-year term. Giants ownership publicly voiced an aversion to signing any pitchers to long-term contracts.

If baseball is indeed moving more toward NBA-style contracts — short term, ultra-high annual value — it’d mark a dramatic shift for a sport whose top players have overwhelmingly (albeit not always) preferred the stability of long-term arrangements, even if that means sacrificing some money on an annual basis. Time will tell, but that will all factor into both parties’ approach at the negotiating table next winter in an offseason that is widely expected to be impacted by a lockout and transaction freeze.

Turning back to the teams directly impacted by today’s signing, the Mets will part with their second- and fifth-highest selections in the 2026 draft as well as $1MM of space from next year’s bonus pool for international amateur free agents. That’s due to the fact that Bichette declined a $22.025MM qualifying offer. By that same token, the Blue Jays will be compensated with an extra pick. That selection will come after the fourth round of this summer’s draft — the lowest possible compensation — due to Toronto’s status as a luxury tax payor.

For the Jays, parting with Bichette has at least seemed possible throughout the winter but began to look more certain once they signed star NPB third baseman Kazuma Okamoto and plugged him into an already crowded infield. There was still some room for Bichette to return, but Toronto’s focus has reportedly been on Tucker. With Bichette now formally out of the picture, they’re lined up to go with Ernie Clement at second base, Gimenez at shortstop and Okamoto/Addison Barger at third base.

As for the Phillies, they’ve made their own immediate pivot, upping their offer to give longtime catcher J.T. Realmuto the third year he’s sought. Less than two hours after the Bichette agreement broke, Realmuto and the Phillies had a new deal in place. Philadelphia had reportedly only been comfortable signing one of Bichette or Realmuto, with the recent preference seeming to be the former. A Bichette signing would likely have led to Realmuto going elsewhere and one of Alec Bohm or Bryson Stott being traded. Trading either feels less likely — but certainly not impossible — now that Bichette is in Queens and Realmuto is staying put.

Even Bichette himself will now have major questions to consider in the near-term future. With a big season, he’ll assuredly opt out of his contract, cashing in $47MM (or thereabouts, depending on the division of salary) for one year and re-entering the market as a 28-year-old who can’t receive a qualifying offer. If he can do that and prove himself capable of playing an average or better third base, he could come out hundreds of millions ahead. That’s far from a given, though, and he’ll need to make that decision against the backdrop of a looming work stoppage.

It’s a dizzying sequence of interwoven, high-priced payouts for star players — the ramifications of which will reach further than we can accurately predict at this time. It seems clear that the Mets have at least one move coming with regard to their infield glut, and they’re still in search of help both in the rotation and in the outfield. With Tucker and Bichette coming off the board within a matter of 15 hours, Cody Bellinger suddenly stands as the top position player available — possibly with several clubs now keying in on him and providing more pressure for the incumbent Yankees to bridge the gap between their five-year offer and his seven-year ask. Will Bellinger similarly pivot to a short-term, high-AAV contract? If so, will that be in the Bronx or with a new club?

Questions abound, and there are surely several moves yet to be made, but the Mets are a more talented and more dangerous team now than they were this time yesterday — even if it’s not due to the player they were originally targeting. Their pivot is likely only just beginning, but adding a prime-aged, multi-time All-Star who has twice led the American League in hits is a pretty good first step in a pivot.

Will Sammon of The Athletic first reported the agreement and contract length. The New York Post’s Jon Heyman added the total guarantee and no-trade clause. Ken Rosenthal of The Athletic added details regarding the opt-outs and lack of deferrals. Jon Morosi of the MLB Network reported that Bichette was likely to play third base in Queens.

Dodgers To Sign Kyle Tucker

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The two-time defending champions have done it again. The Dodgers are reportedly in agreement with Kyle Tucker on a four-year, $240MM contract. The deal includes $30MM in deferrals and will come with an approximate $57.1MM annual value for luxury tax purposes. Tucker, a client of Excel Sports Management, receives a $64MM signing bonus — all but $10MM of which is paid upfront — and can opt out after the second or third seasons. The team has not officially announced the signing, which is pending a physical, and will need to create a 40-man roster spot once it’s official.

Tucker, who turns 29 on Saturday, is the latest superstar addition to what was already MLB’s most feared offense. He slots into a lineup alongside Shohei Ohtani, Freddie Freeman, Mookie Betts, Will Smith, Max Muncy, Teoscar Hernández and Tommy Edman. He’ll join Hernández and Andy Pages as the primary outfielders, with Edman capable of logging center field action when he’s not at second base.

Los Angeles has four outfield prospects who rank prominently near the top of their farm system. They reportedly wanted to avoid locking in long-term commitments as a result. They’ve accomplished that with arguably the biggest annual value in the sport’s history.

It’s a $60MM average on the surface. Without adjusting for deferrals, Tucker’s deal would be the second-highest AAV ever. Ohtani landed a $70MM AAV on his 10-year, $700MM guarantee, though the massive deferrals meant it had a “true” annual value closer to $46MM. One should therefore view the $51MM annual salary on Juan Soto’s 15-year, $765M deal as the more accurate record holder until tonight. Tucker’s adjusted AAV beats that by more than $6MM.

Although Tucker was this offseason’s top free agent, he’s a clear step below the likes of Aaron Judge, Ohtani and Soto of the previous three winters. Tucker has been a consistent All-Star who’s a little outside the top tier of superstars. The fifth overall pick by the Astros in 2015, he broke out in the shortened 2020 season after logging limited big league action in the two preceding years. He connected on 29 or 30 home runs in each of his first three full campaigns, improving his approach along the way.

Tucker was already a great hitter and seemed to be on his way to pulling closer to Judge, Soto and Ohtani with a monster start to the 2024 season. He was out to a .266/.395/.584 slash with more walks than strikeouts through the first two months. He fouled a ball off his right leg and was placed on the injured list with what the Astros initially termed a shin contusion. It turned out to be more serious, as subsequent testing revealed a fracture that kept him out for three months.

The four-time All-Star returned no worse for wear and had a fantastic September. The Astros nevertheless decided to field trade calls after the season. They were never going to meet Tucker’s asking price on an extension and felt they could cash him in for help elsewhere on the roster. They lined up a deal with the Cubs around the Winter Meetings that sent Isaac Paredes, Hayden Wesneski, and prospect Cam Smith to Houston for Tucker’s final year of arbitration.

Tucker’s lone season in Chicago had its ups and downs. He got out to another blistering start, running a .284/.359/.524 slash with 12 homers through the first day of June. He jammed his right thumb diving into second on a stolen base attempt that day. He avoided the injured list, but subsequent testing revealed that he sustained a tiny fracture at the top of his hand between his ring finger and pinky.

The hand injury wasn’t viewed as a serious issue until Tucker’s performance began to suffer. That didn’t occur right away. His next few weeks were the finest of the season, in fact. Tucker slashed .311/.404/.578 across 25 games that month. Things went off the rails in July, as he batted .189/.325/.235 with just one home run over the next six weeks.

The existence of the hairline fracture wasn’t reported until the middle of August. Cubs officials acknowledged that Tucker had been injured in June but said that he was fully healthy by the time the injury was revealed publicly. Maybe the thumb became a retroactive explanation for what was actually a simple slump, though it’s possible he developed some subtle bad habits in June as he tried to mitigate the pain of hitting through the break. Manager Craig Counsell gave Tucker a three-game mental reset towards the end of August before plugging him back into the middle of the order.

Tucker appeared to be getting back into a groove when he hit another speed bump. He strained his left calf in early September and landed on the injured list, costing him three weeks in the season’s final month. He finished the regular season with a .266/.377/.464 slash line in a little under 600 trips to the plate. He hit .259 with one homer in eight postseason games as the Cubs advanced to the NL Division Series.

The uneven second half soured some Cubs fans on the Tucker acquisition. His overall numbers were in line with his career marks. The offense was 36 percentage points better than league average by wRC+. His lifetime .273/.358/.507 batting line is 38 points above par. Tucker has been in that range in four of the past five seasons. The only exception is his .289/.408/.585 showing over 78 games two years ago.

The ’24 season is probably an outlier, but the Dodgers should feel they’re adding one of the top 10-15 hitters in MLB. He doesn’t expand the strike zone and has a rare blend of plus contact skills and above-average power. Tucker has no issue hitting pitchers of either handedness. He doesn’t have the huge exit velocities of the sport’s premier sluggers, yet he’s a safe bet for 25-30 homers in a healthy season.

Tucker’s glove isn’t as strong at this stage of his career. He won a Gold Glove with Houston in 2022. His defensive grades and sprint speed have declined as he’s gotten into his late-20s. That presumably gave teams pause when considering a long-term investment. Tucker’s defense should remain serviceable in the short term. The Dodgers can comfortably plug him into right field and kick Hernández over to left if they don’t trade him.

The Cubs issued Tucker a qualifying offer but made little effort to retain him. The bidding seemingly came down to the Dodgers, Mets and Blue Jays. New York was similarly hesitant to make a long-term commitment, as they reportedly offered a four-year deal at $55MM per season. Toronto was seemingly willing to entertain a longer term at a lower annual value.

Tucker is L.A.’s second qualified free agent signing of the offseason. They added Edwin Díaz on a three-year, $69MM deal around the Winter Meetings. They surrendered their second- and fifth-round draft choices this summer, plus $1MM from their 2027 international bonus pool, to sign Díaz. They’ll forfeit their third- and sixth-round picks for Tucker. The Cubs receive a compensatory pick between Competitive Balance Round B and the start of the third round (currently slated to land 77th overall).

MLBTR had predicted an 11-year, $400MM deal for Tucker at the beginning of the offseason. It’s unclear if any team would have been willing to go to those lengths. He’s giving up some measure of long-term security in exchange for massive salaries over the next couple seasons and the chance to return to free agency at the tail end of his prime.

He’ll have the option of retesting the market before his age-31 and age-32 campaigns — and without being attached to draft compensation barring a change to the qualifying offer rules in the intervening CBA. A five- or six-year guarantee could be well within range at that point. He’ll collect a huge signing bonus, essentially shatter the record for average annual value, and join the team with the best chance to win the World Series in the interim.

While the specific salary breakdown hasn’t been reported, the Dodgers are reportedly paying $54MM of the signing bonus right away. RosterResource estimates their cash payroll obligations close to $428MM for the upcoming season. Tucker’s $57.1MM AAV will push their competitive balance tax projection north of $395MM.

They’re taxed at a 110% rate on spending above $304MM, so Tucker’s deal comes with a staggering $62.81MM tax hit in the first season. The Dodgers are essentially valuing Tucker’s 2026 season alone at $120MM. L.A. ended last season with a luxury tax payroll of $417MM, costing them another $169.4MM in taxes. Their tax bill alone was higher than the final payroll calculations of 12 teams. They’re trending towards a similar or potentially even greater amount in 2026 depending on what else they do this offseason and at the trade deadline. The aggressiveness continues as they aim for the first three-peat in MLB since the 1998-2000 Yankees.

Tucker’s deal is going to be the latest example for many fans and smaller-market owners who will argue for a salary cap in the upcoming round of collective bargaining negotiations. This level of spending also reaffirms why the MLB Players Association has steadfastly maintained that a cap is a non-starter. Next offseason’s CBA talks are expected to be similarly or even more contentious than those that froze the sport for 99 days during the 2022-23 lockout.

That’s not the concern of the Dodgers or their fans, who’ll be thrilled to add another star as they try to cement their dynastic run. They’ll be heavy favorites in the NL West, and it’s difficult to imagine a scenario in which this team doesn’t make the playoffs. A championship is far from guaranteed, however. The Jays were one swing away from beating them in Games 6 and 7 of last year’s World Series. An extra quarter-second on Isiah Kiner-Falefa’s dash home or another few feet on Ernie Clement’s fly ball in the bottom of the ninth would have flipped the outcome. L.A. ownership and the front office aren’t getting complacent.

After missing on Tucker, the Jays seem likely to reengage with Bo Bichette. Their longtime shortstop is now the top unsigned player. He has reportedly had a productive meeting with the Phillies, but the Jays and Bichette have long expressed mutual interest in a reunion. Bichette wouldn’t be a great fit for the Mets, but they could conceivably pivot to challenging the Yankees for Cody Bellinger. The Mets still don’t have a left fielder after swapping Brandon Nimmo for Marcus Semien. Their reported offer to Tucker demonstrates there’s plenty of room for short-term spending, but president of baseball operations David Stearns has shied away from lengthy commitments this winter.

Jeff Passan of ESPN first reported that Tucker was signing with the Dodgers. Jon Heyman of the New York Post had it as a short-term contract, while Robert Murray of FanSided was first on the four-year, $240MM guarantee. Murray reported the opt-out after the second season, and Passan had the third-year out. Heyman reported the $30MM in deferrals. Ari Alexander of Boston 7 News was first on the $57.1MM post-deferral AAV. ESPN’s Jesse Rogers had the signing bonus details.

Image courtesy of Christopher Hanewinckel, Imagn Images.

Mets Reportedly Offered Tucker Four Years, $220MM

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The Mets’ final offer to Kyle Tucker was for four years and $220MM, reports Jim Duquette of MLB Network on Sirius XM Radio. Jon Heyman of The New York Post adds that the offer included no deferred money and would have been slightly frontloaded, paying $120MM over the first two seasons. Will Sammon of The Athletic adds that it included a $75MM signing bonus and allowed Tucker to opt out after the second and third season.

It’s a very similar structure to the four-year, $240MM deal which Tucker accepted from the Dodgers. The opt-out provisions were identical. New York offered a higher signing bonus and the absence of deferred money, while the Dodgers went the extra $20MM on overall guarantee. The Mets’ offer would have come with a $55MM average annual value. Tucker’s agreement with L.A. will be calculated a little north of $57MM annually after adjusting the net present value to account for $30MM in deferrals.

Tucker and his camp opted for the higher guarantee and slightly stronger adjusted annual value. The four-time All-Star also joins a team that is coming off consecutive championships and will enter the 2026 season as the likeliest team to win it all again. The Mets certainly have the high-end talent to compete in the National League, but they’re coming off a second half collapse and have probably downgraded this offseason. They swapped Brandon Nimmo for Marcus Semien, signed Jorge Polanco to replace Pete Alonso, traded Jeff McNeil, and added Devin Williams and Luke Weaver to a bullpen that lost Edwin Díaz, Tyler Rogers and Ryan Helsley.

The Nimmo trade leaves the Mets in obvious need of a left fielder. Bob Nightengale of USA Today suggests they’re likely to more seriously pursue Cody Bellinger at this point. That’d probably require them to reverse course on this winter’s aversion to long-term commitments. The Yankees reportedly have a five-year offer out to Bellinger in the $155-160MM range. That’s already a hefty annual value and a decent term, though his camp at the Boras Corporation is seemingly shooting for seven years.

Harrison Bader may be the only other everyday outfielder remaining in free agency. He’s a glove-first center fielder who had a middling season for the Mets just two years ago. They might not feel he’s a significant enough upgrade over Tyrone Taylor, and he’s certainly not an approximation for the middle-of-the-order bat they were trying to land in Tucker. They could be more aggressive on the trade front for someone like Jarren Duran or Lars Nootbaar. Getting the Red Sox to deal the former would likely require parting with one of their talented starting pitchers alongside immediate infield help (i.e. Brett Baty or Mark Vientos).

Guardians Acquire Franklin Gomez From Mets

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The Guardians have acquired minor league left-hander Franklin Gomez from the Mets, according to announcements from both clubs. The Mets receive international bonus pool space in return. The pool space changing hands is $1.5MM, reports Mike Mayer of Metsmerized. Gomez does not have a 40-man roster spot, so no corresponding moves are necessary.

Today marks the start of the 2026 international signing period. Ben Badler of Baseball America is tracking all of the signings as they become known. Under this pool system, each team has a finite amount of money they can spend on international amateurs. This year’s pools are all between $5MM and $9MM. Broadly speaking, the smaller-market clubs get bigger pools and the larger-market clubs get smaller pools.

The Mets were initially allocated a pool of $5.44MM and the Guardians $8.03MM. Teams are allowed to trade pool space in $250K increments, but a team can’t increase its initial pool size by more than 60%.

Adding pool space was important for the Mets. Most teams make verbal agreements with prospects years in advance of the official signings, so they have usually agreed to allocate most of the pool space ahead of time. The Yankees had a verbal agreement in place with Wandy Asigen, an infielder from the Dominican Republic, but reports emerged in December that he was going to sign with the Mets instead. Francys Romero of BeisbolFR and Badler covered the development at the time. Asigen officially signed with the Mets today for $3.9MM.

That signing bonus would have taken up the majority of the Mets’ initial pool. That may have necessitated the Mets breaking their verbal agreements with other prospects. Mayer suggests this deal with Cleveland allowed the Mets to have enough pool space to also sign Venezuelan outfielder Cleiner Ramirez as part of this year’s class.

For the Guardians, it seems they would rather have Gomez than the pool space. The 20-year-old Venezuelan was himself an international signee a few years ago, securing a bonus of just $10K from the Mets in 2022. He has raised his stock since then. Matt Eddy of Baseball America just recently wrote about Gomez earlier this month, noting that his fastball velo ticked up in 2025, going from the 89-90 mph range in 2024 to 92-93 last year. His other pitches also made similar jumps.

He finished the year having thrown 71 2/3 innings split between Single-A and High-A, allowing 2.76 earned runs per nine. He struck out 22.1% of batters faced, gave out walks at an 11.1% clip and induced grounders on 48.4% of balls in play. BA recently listed him as the #22 prospect in the Mets’ system, noting that he has a chance to be a future starter, with a relief role as a fallback.

The Guards have undercut their ability to use this year’s pool of unsigned players but Gomez should have more ability to help them in the near term. Most international signees today are 16 years old whereas Gomez is four years older than that and has already climbed a few rungs of the minor league ladder.

Photo courtesy of Ken Blaze, Imagn Images

Latest On Mets’, Blue Jays’ Pursuit Of Kyle Tucker

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8:55am: ESPN’s Jeff Passan was a guest on Sportsnet in Toronto this morning and reported on air that the Blue Jays have been “the only team that has shown the willingness to go as deep as 10 years, potentially” (video link). Passan adds that a decision from Tucker could occur before the end of the week.

7:08am: The Mets have made a four-year offer to star outfielder Kyle Tucker, according to a report from Mike Puma of the New York Post. MLBNetwork Radio’s Jim Duquette suggested yesterday that the Mets were “likely” to extend their offer to four years yesterday. Tyler Ward reported as early as yesterday morning (prior to Duquette’s report) that the Mets had offered $200MM over four years.

Tucker, 29 this weekend, has had an unusually quiet market by the standards set by other recent top free agents like Juan Soto, Shohei Ohtani, and Aaron Judge, each of whom signed in December. Things have begun to ramp up in a big way this past week, however, and all signs have pointed towards a trio of teams emerging as the most likely landing spots for the multi-time All-Star: the Mets, the Blue Jays, and the Dodgers. Previous reporting has indicated that the Blue Jays have a long-term deal on the table for Tucker, while the Mets have preferred a shorter-term arrangement at a premium average annual value. Concrete reporting regarding the Dodgers’ pursuit of Tucker has been minimal, but previous comments by the front office throughout the winter have suggested a hesitance towards adding another long-term deal to their aging roster and blocking elite top outfield prospects like Zyhir Hope and Josue De Paula long-term.

Reporting on the Mets’ offers to Tucker has varied throughout the week. Initial reports suggested the club had made a three-year offer to Tucker within the $120MM to $140MM range, and later reporting indicated that the Mets had offered a $50MM AAV without a specific number of years attached to that report. This latest report of a four-year offer also comes without a specific AAV attached to it. That leaves open the possibility that New York has multiple offers on the table for Tucker, with varying annual salaries and contract structures that all fall under the more general umbrella of short-term with relatively high annual salaries. Of course, it’s also possible that the Mets have simply raised their offer over the past few days.

If owner Steve Cohen and his front office have offered Tucker $200MM or more over the next four seasons, that would surely be a difficult package to turn down without an incredible long-term offer. Tucker would be in line to re-enter free agency ahead of his age-33 season, and while he’d likely need to settle for another shorter-term contract headed into his mid-thirties it’s worth remembering that Kyle Schwarber landed a five-year, $150MM contract with the Phillies as a DH-only slugger headed into his own age-33 season earlier this winter. In that context, it’s not difficult to imagine Tucker earning $350MM or more over the remainder of his playing career if he were to complete a four-year deal at a $50MM AAV and sign another contract or two afterwards. It’s also possible (and perhaps even likely) that a shorter-term arrangement would come with at least one opt-out opportunity somewhere in the deal that would make it even easier for Tucker to return to free agency in search of a more lucrative offer.

On the other hand, it’s not hard to argue that Tucker is worth the exact sort of incredible long-term offer that would be worth passing on $200MM over four years in favor of. An All-Star in four consecutive seasons, Tucker finished fifth in AL MVP voting back in 2023 and since then has posted 9.2 bWAR and 8.7 fWAR in just 214 games with a .274/.388/.507 (152 wRC+) slash line to show for it. A tough second half with the Cubs last year and injuries that have limited him to that relatively light volume of games over the past two years have seemingly caused some level of concern among interested clubs, but the upside of adding a perennial MVP candidate to the middle of the lineup in his prime years is undeniable.

MLBTR’s own prediction for Tucker’s contract at the outset of the offseason was an 11-year, $400MM pact. That sort of contract would be a no-brainer to choose over a shorter-term deal, even at a $50MM AAV. How far below that figure a long-term offer could come in before Tucker would start to more seriously consider a short-term, high-AAV pact would surely depend on Tucker’s own personal tolerance for risk and desire for stability. It would certainly be bold to eschew something even in the range of the $330MM deal Bryce Harper landed in Philadelphia during the 2018-19 offseason, but a fair counterargument to that would be that Harper himself well might have come out ahead financially had he instead signed the reported short-term, $45MM AAV offer he received from the Dodgers that winter and returned to the market in a few years’ time.

Wherever Tucker will ultimately land, and whatever contract structure he will ultimately settle on, it’s increasingly likely his free agency is hurtling towards a conclusion in the coming days. The New York Post’s Jon Heyman reported earlier this morning that a decision from Tucker’s camp could come as soon as today, and given the frenzy of reporting over the past few days it seems likely that the parties involved are all in the process of making their top offers as Tucker nears a decision.

Mets Reportedly Offer Kyle Tucker Short-Term Deal With $50MM AAV; Jays Have Made Long-Term Offer

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5:15pm: The Jays have made Tucker a long-term offer, reports Jesse Rogers of ESPN, though no details on that offer have been reported.

1:35pm: The Mets have made Tucker an offer with a $50MM AAV, per reports from John Mincone as well as Robert Murray of FanSided.

11:37am: The top free agent of the offseason is still unsigned with about a month to go until pitchers and catchers report to spring training. Some recent reporting, including from Jim Duquette of MLB Network Radio, has suggested the Blue Jays, Dodgers and Mets are the top suitors for Kyle Tucker at this point. All three have recently met with Tucker, either in person or over Zoom, per Duquette. Will Sammon of The Athletic reports today that the Mets are in the range of offering him $120MM to $140MM on a three-year deal. Sammon says the Mets could go higher and that Tucker could make his decision as soon as this week.

At the start of the offseason, MLBTR predicted Tucker for a $400MM guarantee on an 11-year deal. That would be $36.36MM in terms of average annual value, paying him from his age-29 through age-39 seasons. That would be in line with other big deals for star-caliber position players.

In the past decade, eight position players have signed for nine years or longer: Juan Soto, Shohei Ohtani, Aaron Judge, Bryce Harper, Corey Seager, Manny Machado, Trea Turner and Xander Bogaerts. Ohtani got a $70MM AAV but with significant deferrals, knocking the net present value closer to the $45MM range. Soto got $51MM and Judge $40MM. The others were in the $25-35MM range.

It’s unknown what the Blue Jays or Dodgers are willing to offer Tucker but he remains unsigned into mid-January, meaning he hasn’t yet received an offer compelling enough for him to have put pen to paper.

In recent years, it’s become a standard move for a free agent with an underwhelming market to pivot to a short-term pact with high AAVs and opt-outs. Alex Bregman, Carlos Correa, Cody Bellinger, Matt Chapman and Pete Alonso have gone down this road in recent years. Everyone in that group apart from Alonso took a three-year deal. Bregman’s was technically for $40MM annually but with deferrals knocking the NPV to the $30MM range. Correa had a $35.1MM AAV, Bellinger $26.7MM and Chapman $18MM. Alonso’s two-year deal had a $27MM AAV.

The plan in that case is to bank a decent amount of money before taking another crack at free agency. The hope would be to then have more luck finding a long-term deal with a better platform season and no longer being tied to qualifying offer penalties. A player can only receive a qualifying offer once in his career. Tucker just rejected a QO from the Cubs and whoever signs him now will be subject to the associated penalties.

This doesn’t always work out but has in many cases. Chapman eventually signed a $151MM extension with the Giants just before returning to free agency. Correa was going to get a $325MM deal from the Giants. Concerns about his physical put the kibosh on that but he still got a $200MM guarantee from the Twins. This winter, Alonso got $155MM from the Orioles. Bregman just got $175MM from the Cubs, though with deferrals knocking the NPV to somewhere in the $150MM range.

There’s also appeal for the team. They have to pay a premium salary and usually forfeit a draft pick or two, and maybe some international bonus pool space as well, but they avoid a long-term commitment. Since players generally decline in productivity as they push through their 30s, it’s understandable for a team to look to avoid length.

Sammon doesn’t mention opt-outs in his piece on the Mets’ offer but that would presumably be a component. From Tucker’s perspective, he’s coming off a couple of seasons undercut by injuries but is still relatively young, going into his age-29 season. A three-year deal with no opt-outs would see him return to free agency ahead of his age-32 season, whereas opt-outs would allow him to try the market again quicker.

Whether he and his representatives have any appetite for that kind of path is unknown. It’s perhaps worth mentioning that the five aforementioned guys who took short-term deals were all Boras Corporation clients. He’s also gone down that road with pitchers such as Blake Snell, Carlos Rodón and Jordan Montgomery. Tucker is not a Boras guy, as he’s represented by Excel Sports Management.

Perhaps Tucker would consider a short-term pact but that also depends what the other offers are. It has been speculated that the Dodgers would also prefer a short-term deal. They could use an outfield upgrade but their roster is one of the older ones in the league and they have a batch of top outfield prospects. Those prospects don’t offer immediate help, as most of them have only recently reached the Double-A level or haven’t even hit that run at all. A short-term deal for Tucker could allow them to upgrade on the grass until those younger guys become more viable big leaguers.

It’s been speculated that the Jays would be more willing to go a long-term deal. They recently signed Kazuma Okamoto but it was reported a week ago that they are still aggressively pursuing Tucker even after landing Okamoto. Toronto has spent aggressively this winter after making it to the World Series in 2025. They gave a nine-figure deal to Dylan Cease, then eight-figure deals to Cody Ponce, Tyler Rogers and Okamoto. That has pushed their payroll to new heights but that could be a byproduct of their deep run last year.

They also have a lot of money coming off the books after 2026, as George Springer, Kevin Gausman, Shane Bieber, Yimi García, Daulton Varsho and Eric Lauer are impending free agents. Myles Straw would also depart if his club option is turned down and José Berríos can opt out of his deal. That could prompt the Jays to be doubly aggressive now, while they still have all of that talent on the roster.

Next winter doesn’t really have a Tucker-level talent and is also likely to be disrupted by the lockout. If Tucker were to sign a short-term deal, he could again be the top free agent a year from now but would also throw himself into the lockout winter. A long-term pact would keep him away from whatever disruptions are coming a year from now.

For the Mets, they seemingly prefer to avoid long-term pacts at the moment. Since David Stearns has become president of baseball operations, they made an exception for the 26-year-old Soto but have otherwise not signed any deal longer than three years.

They certainly need help in the outfield though. They traded Brandon Nimmo to the Rangers for Marcus Semien. They currently have Soto in one corner and Tyrone Taylor in center. Prospect Carson Benge could seize an Opening Day job but he can play center. If Tucker were brought in to take one corner with Soto in the other, Benge and Taylor could have a spring battle for the center field gig. If Taylor were to win, Benge could get more Triple-A reps. If Benge were to win, Taylor could become a fourth outfielder.

Financially, there’s no real limit to what they could do. Owner Steve Cohen has shown himself willing to run the Mets up to having the top payroll in the league. They’ve had a fairly modest offseason, defined more by subtraction than addition. They sent out Nimmo and Jeff McNeil while also letting Alonso and Edwin Díaz sign elsewhere.

RosterResource projects them for a payroll of $295MM and a competitive balance tax number of $296MM. Those are big figures but the Mets finished 2025 at $340MM and $337MM in those categories, respectively. Paying Tucker something between $40MM and $47MM annually would get them right back around to last year’s range.

It would also presumably do a lot to quell the fan base, who are currently not thrilled by the familiar faces who have departed in the past few months. It would also prevent them from adding another big salary to the long-term books, as they are already set to pay Soto and Francisco Lindor huge annual sums through 2039 and 2031 respectively.

Photo courtesy of David Banks, Imagn Images

Yankees Have Shown Interest In Nico Hoerner, Luis Robert Jr.

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At the start of the offseason, it felt inevitable that the Yankees and Cody Bellinger would reunite. That may still happen but it seems up in the air at the moment. Talks between the two sides have seemingly stalled out. Jon Heyman of The New York Post reports today that both sides have been exploring alternatives lately. Bellinger has interest from other clubs. Meanwhile, the Yankees have been touching base with free agents Bo Bichette and Kyle Tucker, who they have been connected to previously. They’ve also checked in on trade candidates Luis Robert Jr. of the White Sox and Nico Hoerner of the Cubs. The Yanks’ interest in Hoerner was first reported by Pat Ragazzo of SI.

Bellinger spent 2025 in the Bronx and it seemed to go well. He hit 29 home runs and slashed .27/.334/.480 for a wRC+ 125. He stole 13 bases and played all three outfield slots as well as first base. He appeared to be especially comfortable in Yankee Stadium, slashing .302/.365/.544 there. He opted out of the final season of his contract, taking a $5MM buyout and leaving a $25MM salary on the table. At the start of the offseason, MLBTR predicted Bellinger to have enough juice for a five-year, $140MM deal.

It was reported on New Year’s Day that the Yanks had made an offer to Bellinger. A few days later came reports of a second offer. No details of either offer were initially revealed but further reporting indicated the sides weren’t close to a deal. Subsequent reporting has put the Yankee offer at five years and over $30MM annually, putting the guarantee somewhere in the vicinity of $155MM. That hasn’t been enough to get a deal done with Bellinger hoping to get to seven years.

It seems the two sides have taken a break from the staredown to look elsewhere. Heyman says they continued talking over the weekend but each party is considering alternatives. Heyman mentions the Dodgers, Giants and Mets as clubs believed to have interest in Bellinger. Those clubs have all been tied to Bellinger via rumors earlier this winter but are imperfect fits. All three could use outfield help to varying degrees but they also appear to be trying to avoid long-term commitments at the moment.

Since the hold-up between the Yankees and Bellinger appears to be the length of their offer, it’s hard to envision any of these clubs outbidding the Yankees. Any of the three could perhaps change their stance to take advantage of this opportunity but it also could be more likely that those clubs would prefer to get Bellinger via another short-term, opt-out laden deal. It’s unclear if he would want to do that after going down that road a couple of years ago, but it presumably depends on where things go in the next few weeks.

The Blue Jays have also been connected to Bellinger this winter but it seems they are more focused on Bichette and Tucker with Bellinger perhaps a backup plan. The Cubs were also connected to their old friend Bellinger this winter but signing Alex Bregman is presumably their big splash of the winter.

For the Yankees, they could perhaps increase their offer but are also seeing what else is on the menu. With Hoerner, it’s unclear if the Cubs have any interest in trading him but he has been in rumors and it’s arguable they should consider it. Hoerner is a good player but is a free agent after 2026. With the Cubs recently signing Bregman, their infield is now a bit cluttered. Putting Bregman at third bumps Matt Shaw to the bench.

If they wanted to, the Cubs could trade Hoerner and then move Shaw to second base. That would declutter things a bit and also should bring back something of note. Hoerner’s $12MM salary this year is very affordable considering his production. He doesn’t hit a ton of home runs but rarely strikes out, relying on his contact, speed and defense to provide value. It’s a combination that works, as FanGraphs has credited him with 3.9 wins above replacement or more in each of the past four years.

It could also give the Cubs a bit more breathing room in terms of the competitive balance tax. The Cubs went narrowly above the CBT in 2024 but have otherwise stayed under the line in each season from 2021 to the present.

RosterResource currently estimates them for a CBT number of just over $243MM, putting them less than a million from this year’s line. A team’s CBT number isn’t calculated until the end of the year, so in-season moves can move a club up or down. If the Cubs want to avoid the tax in 2026, creating some space now could be something they consider to give them more ability to make moves at the deadline.

For the Yankees, Hoerner wouldn’t help replace Bellinger in the outfield but he should make the team better. Though he has largely been a second baseman for the Cubs, he is considered good enough to be a shortstop. He has just been on the other side of the bag in deference to Dansby Swanson.

The Yanks have an uncertain shortstop situation at present, hence their previous connection to Bichette. Anthony Volpe is coming off a down year and may not be ready for Opening Day 2026 as he recovers from shoulder surgery. José Caballero currently projects as the top shortstop for the early season, though he has mostly been a utility guy in his career. If the Yanks add a shortstop, then he could return to that role.

The thinking with signing Bichette had a couple of attractions. He could upgrade the shortstop position now, then second base in the future. Jazz Chisholm Jr. is currently the club’s second baseman but he is slated for free agency after the upcoming season. With the Yanks having shortstop prospect George Lombard Jr. waiting in the wings, Bichette could cover short for a year and then slide to the other side of the bag with either Lombard or a resurgent Volpe at short.

Hoener wouldn’t be quite the same acquisition, barring an extension, as he is only signed through 2026. Still, that would likely have appeal for the Yankees in a different way. They could upgrade the middle infield for now without making a huge commitment. After 2026, depending on how things go with Lombard, Volpe, Hoerner and Chisholm, they could then decide about how to invest in the middle infield for the long term.

They would, however, have to give the Cubs something of value in return. As mentioned, it’s unclear if the Cubs have any interest at all in flipping Hoerner. Even if they do, they would presumably be looking for some kind of win-now upgrade, likely on the pitching staff. With the Yanks looking for pitching help themselves, it may be challenging to line up a deal that makes sense for both sides.

As for Robert, he is surely available but also tricky to value. He has shown borderline MVP upside but is coming off two years marred by injuries and underperformance. In 2023, he hit 38 home runs and stole 20 bases, slashed .264/.315/.542 and got strong grades for his center field defense. But since then, he has made a number of trips to the injured list while slashing .223/.288/.372 for a wRC+ of 84.

The White Sox are rebuilding and will surely trade Robert but are seemingly hoping to trade him at peak value. He wasn’t moved in 2025 even though it was the final guaranteed year of his contract. They picked up a $20MM option for 2026. Teams like the Yankees and others might want to buy low but the Sox are likely motivated to wait. After his down year, it would make sense to hold him until the deadline, with the hope of him getting back in form and therefore increasing his trade value.

The Yankee outfield currently projects to include Aaron Judge and Trent Grisham in two spots. If the season started today, Jasson Domínguez and Spencer Jones would battle for a third. Domínguez is coming off a rough year in 2025, with an average bat and poor defense. Jones hit 35 home runs in the minors last year but also struck out 35.4% of the time, creating some doubt about how viable his bat will be in the majors.

Acquiring Hoerner wouldn’t do much to change that picture but perhaps the Yanks would be more comfortable with the uncertainty of the Domínguez/Jones combo with a stronger infield. Bringing back Bellinger, signing Tucker or acquiring Robert would strengthen the outfield group, bumping Domínguez to more of a part-time role and keeping Jones in Triple-A.

There are many moving pieces here as the offseason moves into the final weeks before pitchers and catchers report to spring training. Tucker, Bichette and Bellinger are the top position players still out there, with a lot of overlapping interest. The Jays are seemingly in on all three, considered by some to be the favorites for Tucker but a Bichette reunion also makes sense. Like Bellinger, Bichette is considering other options. He is meeting with the Phillies today, although that is a bit complicated, as Philadelphia would seemingly have to move on from both J.T. Realmuto and Alec Bohm to fit Bichette onto the roster and into the budget. The Red Sox just missed on Bregman and could turn to Bichette but they don’t seem too keen on big long-term investments. The Dodgers, Giants and Mets may be looking to get opportunistic if a nice short-term opportunity becomes possible.

It’s a bit of a game of musical chairs with the Yankees and Bellinger some of the key participants. Bregman just found a seat in Chicago but others will have to sit soon. Pitchers and catchers report to spring training in about a month, so the music is slowing down.

Photo courtesy of Sergio Estrada, Imagn Images

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