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  • Rays, Cedric Mullins Agree To One-Year Deal
  • Nationals To Trade Jose Ferrer To Mariners For Harry Ford
  • Twins Planning To Keep Joe Ryan, Byron Buxton, Pablo López
  • Red Sox, Pirates Swap Johan Oviedo And Jhostynxon García In Five-Player Trade
  • Reds Re-Sign Emilio Pagán
  • Dodgers To Re-Sign Miguel Rojas
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Newsstand

Rays, Cedric Mullins Agree To One-Year Deal

By Darragh McDonald | December 6, 2025 at 6:45pm CDT

December 6: The team has officially announced the signing. Right-hander Yoniel Curet was designated for assignment to make room for Mullins on the 40-man. Mullins’ one-year deal also includes a mutual option for 2027. Topkin reported the option is for $10MM, with a $500K buyout.

December 3: The Rays and outfielder Cedric Mullins are in agreement on a one-year deal, reports Marc Topkin of the Tampa Bay Times. It’s worth $7MM, per Ken Rosenthal of The Athletic. Mullins is represented by Cope Sports Management. The Rays have a full 40-man roster and will need to make a corresponding move for this Mullins deal to become official.

Mullins and the Rays will both be hoping that he can engineer a bounceback season in 2026. Now 31, he has spent the past few seasons primarily with the Orioles, serving as a well-rounded center fielder capable of providing a bit of pop, some speed and quality defense. However, 2025 was his worst season since he became a full-time major leaguer.

Back in 2021, he had a tremendous breakout year. He hit 30 home runs, stole 30 bases and ran the ball down in the outfield. He slashed .291/.360/.518 for a 136 wRC+. FanGraphs credited him with six wins above replacement.

That season now looks like an outlier. His subsequent campaigns haven’t been quite as good but he’s still been a very useful well-rounded contributor. The past four seasons have seen Mullins finish with a home run tally between 15 and 18, barely half of his 2021 total but still nothing to sneeze at. His stolen base numbers have oscillated but stayed near the 30ish range. He only swiped 19 in 2023 but he was limited to 116 games that year.

From 2022 to 2024, even with the diminished power, he slashed .244/.311/.407 for a 103 wRC+. He stole 85 bases and mostly got good review for his glovework. He tallied 7.7 fWAR, about two to three wins per season.

He got out to a hot start at the plate in 2025. At the end of April, he had six home runs, a .278/.412/.515 line and 163 wRC+. With free agency just a few months away, he seemed to have a shot at a nine-figure deal. Unfortunately, he went cold after that and never really recovered. From May 1st to the end of the season, he put up a dismal .198/.263/.355 line. A deadline deal to the Mets didn’t help get him back on track.

Ultimately, his full 2025 line of .216/.299/.391 isn’t too bad. The 94 wRC+ indicates he was only 6% below league average, but it’s obviously not ideal for a free agent to hit the open market riding a five-month slump.

His glovework is also arguably less stable now, perhaps not shocking for a guy who is now 31 years old. Outs Above Average still considers him an above average fielder but by a smaller margin now. He was credited with at least 10 OAA in both 2021 and 2022 but was below five in each of the two most recent seasons. Defensive Runs Saved ranked him as a strong defender a few years ago but tagged him with a -4 grade in 2024 and -14 in 2025, dropping him to -11 DRS for his career.

The combination of trends left Mullins with diminished earning power but he’s a sensible flier for the Rays to take. They used a mishmash of different guys in their outfield group in 2025. Each of Chandler Simpson, Jake Mangum, Josh Lowe, Christopher Morel and Kameron Misner took between 216 and 429 plate appearances as an outfielder for Tampa this year, with others appearing for smaller samples as well. None of those five guys had even league average offense this year. Misner and Morel were designated for assignment at the end of the season. Misner was traded to the Royals. Morel was non-tendered and is now a free agent. The Rays recently brought in another outfielder by signing Jake Fraley.

Last month, Rays president of baseball operations Erik Neander admitted that upgrading the outfield would be a target for this offseason. However, spending big has never really been the club’s style. That’s presumably extra true after a season in which they had to move to a minor league park, which led to extra expenses and then smaller crowds. The Rays decided to pass on picking up an $11MM club option for Pete Fairbanks, despite a fairly affordable $10MM price difference between that option and the $1MM buyout.

The Rays wouldn’t be serious contenders for signing someone like Kyle Tucker or Cody Bellinger. Even if they were willing to splurge on a mid-market free agent, this year doesn’t really have any outfielders who fit the description. Trent Grisham would have been in there but he accepted a qualifying offer from the Yankees. That left the Rays with the trade market and then free agents like Mullins, Harrison Bader, Mike Yastrzemski and others.

RosterResource currently estimates the Rays for a $77MM payroll in 2026, before factoring in Mullins. They finished 2025 at $88MM. It’s unknown how much they plan to spend next year but they will be pretty close to last year’s outlay once Mullins is officially on the books.

Presumably, Mullins will be penciled in as the everyday center fielder as the Rays hope he finds a way to return to form. Their remaining outfielders can battle over the playing time in the corners, with Mullins perhaps acting as a veteran mentor for them.

Photos courtesy of Jeff Hanisch, Mitch Stringer, Imagn Images

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Newsstand Tampa Bay Rays Transactions Cedric Mullins

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Nationals To Trade Jose Ferrer To Mariners For Harry Ford

By Charlie Wright | December 6, 2025 at 3:31pm CDT

The Nationals are sending reliever Jose A. Ferrer to the Mariners for catcher Harry Ford, reports Robert Murray of FanSided. Andrew Golden of the Washington Post was first to report that the two sides were nearing a Ferrer trade. Golden also reported pitcher Isaac Lyon is heading to Washington in the deal. Both teams have announced the trade.

Seattle adds a flamethrower from the left side to complement Andres Munoz and Matt Brash in the backend of the bullpen. The price is somewhat steep, as Ford ranks 42nd in MLB.com’s top 100 prospect rankings. Lyon was taken in the 10th round of the 2025 draft. He made a handful of appearances at Single-A this past season.

Ferrer emerged as Washington’s closer after Kyle Finnegan was shipped to Detroit at the trade deadline. He picked up 11 saves over the final two months of the season. The 25-year-old’s 21.9% strikeout rate and mid-4.00s ERA don’t scream shutdown closer, but he had an excellent 2.85 SIERA and an elite 4.9% walk rate on the year. Ferrer put together a stretch of 14 straight scoreless appearances shortly after taking over as closer, though he did falter over his final few appearances.

Ferrer has made 142 appearances out of the Nationals’ bullpen since his debut in 2023. He has a career 4.36 ERA, but his xERA and xFIP are both below 3.50. While he hasn’t piled up strikeouts, Ferrer’s upper-90s sinker has helped him rank among the best relievers in ground ball rate. Ferrer is under team control through 2029. He won’t reach arbitration until the 2027 campaign.

Ford has been a top 5 prospect in Seattle’s system since getting taken in the first round of the 2021 draft. The 12th overall pick slotted in at fifth among the Mariners’ prospects in 2022, per MLB.com. He reached the top spot in 2023, and most recently slotted in at fourth. Ford has hit at every minor league stop, while also providing significant contributions as a base stealer.

The 22-year-old Ford slashed .283/.408/.460 with 16 home runs and seven steals at Triple-A this past year. He struck out less than 20% of the time while posting a massive 16.2% walk rate. Ford briefly debuted with the big-league club, mostly operating as a pinch hitter and defensive replacement. He went 1-for-6 in eight appearances.

The 16 home runs with Tacoma were a career high for Ford, though the seven steals were a disappointing total after he swiped 35 bags at Double-A in 2024. Ford’s elite walk rate has allowed him to consistently put up huge on-base numbers. Outside of a .377 OBP in 2024, he’s been at or above .400 in each season of his minor league tenure. Ford’s power outlook is more gap-to-gap than over-the-fence, but his combination of speed and on-base skills gives him a unique offensive profile, particularly for a catcher.

With Cal Raleigh landing a six-year extension before the 2025 campaign, Ford was going to be blocked in Seattle for the foreseeable future. He’ll head to Washington to join a catching group that struggled with injuries and production last season. Recurring concussion issues limited Keibert Ruiz to 68 games in 2025. He briefly returned to the team in early July, then went right back on the IL and never made it back to the big-league squad. Riley Adams handled the majority of the reps behind the plate, along with brief cameos from Drew Millas and Jorge Alfaro. Washington’s backstops ranked 29th in OPS. Adams is back on a one-year split deal, while Alfaro is a free agent.

Lyon made four starts with Modesto this past year. The 21-year-old righty will head to Fredericksburg to continue honing his craft. Lyon is the son of former pitcher Brandon Lyon.

Photo courtesy of Rafael Suanes, Imagn Images

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Newsstand Seattle Mariners Washington Nationals Harry Ford Isaac Lyon Jose A. Ferrer

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Twins Planning To Keep Joe Ryan, Byron Buxton, Pablo López

By Darragh McDonald | December 5, 2025 at 11:55pm CDT

The Twins just underwent a big sell-off at the summer trade deadline. That led to plenty of speculation about further selling this winter but that appears not to be in the cards. Ken Rosenthal of The Athletic reports that the club plans to hold onto trade candidates like Joe Ryan, Byron Buxton and Pablo López as they try to return to contention in 2026. Rosenthal doesn’t mention Ryan Jeffers but this presumably applies to him as well.

Minnesota was in contention for a decent amount of the 2025 season. They fell down the standings in the summer and pivoted into seller position ahead of the July deadline. Many expected them to do modest selling of impending free agents but they went far deeper than that. They flipped controllable relievers Jhoan Duran, Griffin Jax, Louis Varland and Brock Stewart. They also sent infielder Carlos Correa back to Houston, an effective salary dump. It was clearly financially motivated from the get-go and then the player they acquired in return, pitcher Matt Mikulski, was released in October.

After such an aggressive teardown, the expectation has been that they would continue selling this winter. Ryan, López and Buxton were all the subject of trade rumors. Buxton and López are the two highest-paid players on the team but would still be attractive to other clubs. Buxton is signed through 2028 and López 2027. Ryan isn’t expensive, as he’s still in his arbitration seasons. But with just two years of club control, he wouldn’t fit on a rebuilding club. With his modest projected salary, he likely would have had the highest trade value of the trio. Jeffers is an impending free agent and would have found lots of interest, especially considering the weak catching market.

There were at least some signs that the Twins didn’t plan for their deadline sell-off to lead to multi-year rebuilding project. Their returns in their summer trades were largely major league-ready players and upper level prospects. Across various trades, they acquired Mick Abel, Taj Bradley, Alan Roden, James Outman and Kendry Rojas, among others. The first four of those guys already had some major league experience. Rojas still hasn’t appeared in the big leagues but reached the Triple-A level prior to being acquired. If the club were planning a yearslong rebuilding effort, those would have been odd choices.

In the background of all this was the Pohlad family looking to sell the club, something they announced in October of 2024. But in August of 2025, just a few weeks after the deadline, it was announced that the family was taking the club off the market. They would instead be taking on some minority partners, whose investments would help the club deal with hundreds of millions of dollars in debt.

As the winter began, many still expected the club to be selling this winter. President of baseball operations Derek Falvey pushed back on that a bit in November, saying that he had not yet been given any directions about further lowering the payroll and that his plans would be to add to the 2026 roster until told otherwise.

None of their moves this offseason have clearly pushed them in one direction or another. They have made a few very small trades, having picked up relief pitcher Eric Orze and catcher Alex Jackson. But now it seems the club has picked a lane and will be trying to put their best foot forward in 2026.

Perhaps the heavy lifting on the financial front was accomplished at the deadline, primarily by the Correa deal. The situation with the new investors is still a bit foggy but it’s possible the debt is gone or least a much smaller concern. RosterResource projects the Twins for a payroll of $96MM next year, about $40MM below where they finished in 2025. They may not get all the way back to those 2025 levels but it doesn’t seem there’s any need to further subtract. Rosenthal’s source says the club has “mild flexibility” to make additions. The Twins already have one of the top farm systems in the league, so perhaps adding more prospects to the stockpile isn’t a high priority.

Though the Twins believe they can contend in 2026, they will have work to do. The rotation looks to be in decent shape. In addition to Ryan and López, they have Bailey Ober, Simeon Woods Richardson, Zebby Matthews, David Festa, Abel, Bradley, Rojas and others. But the lineup was subpar last year. In addition to Correa, they also traded impending free agents Harrison Bader, Ty France and Willi Castro. They traded almost their entire bullpen and will have a big to-do list there.

Before even considering the flexibility to make external additions, they will need internal improvements. In the lineup, guys like Royce Lewis, Luke Keaschall, Brooks Lee and other young players will need to either break out or return to form. It will be a similar situation for rotation options like Ober, Matthews, Festa, Abel and Bradley.

This is also a big development for other teams. Many of the other 29 clubs surely would have been calling about Ryan, López, Buxton and others if the Twins were going to continue to sell. If those players aren’t available, that could have domino effects elsewhere. Demand for the remaining free agents should increase somewhat. The same should apply for players that are available in trades, such as MacKenzie Gore of the Nationals or various players on the Cardinals.

It’s an interesting shake-up to the offseason. For the Twins, they will keep their top guys and see how things go in 2026. If they fall short in their attempt to compete, they could pivot to trading these players at the deadline. As mentioned, they have a strong farm system already, so perhaps returning to contention in 2027 would be possible even if 2026 comes up a bit short. For now, it dries up the trade market for other clubs, as the Twins will look for ways to utilize the bit of payroll flexibility they have.

Photo courtesy of Bruce Kluckhohn, Isaiah J. Downing, Imagn Images

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Minnesota Twins Newsstand Byron Buxton Joe Ryan Pablo Lopez Ryan Jeffers

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Red Sox, Pirates Swap Johan Oviedo And Jhostynxon García In Five-Player Trade

By Anthony Franco | December 4, 2025 at 11:58pm CDT

The Red Sox and Pirates announced a five-player trade on Thursday evening. Starter Johan Oviedo heads to Boston alongside lefty reliever Tyler Samaniego and minor league catcher Adonys Guzman. Pittsburgh gets rookie outfielder Jhostynxon Garcia and A-ball pitching prospect Jesus Travieso. Boston needed to open a spot on the 40-man roster, so they designated righty Cooper Criswell for assignment. Pittsburgh’s roster count drops to 39.

Oviedo and Garcia are the centerpieces of the deal on either side. The 27-year-old Oviedo is a 6’6″ right-hander who has been a capable back-end starter since the Pirates acquired him at the 2022 trade deadline. He’d been a swingman with the Cardinals for his first couple seasons but has stepped into a full-time rotation role for the Bucs. Oviedo took the ball 32 times and ranked second on the team with 177 2/3 innings in 2023. He posted a 4.31 earned run average with slightly worse than average strikeout and walk rates.

While Oviedo stayed healthy throughout the ’23 season, he reported elbow soreness at year’s end. That proved a precursor to Tommy John surgery that wiped out his 2024 campaign. Oviedo had a shot to return for the start of ’25 but suffered a lat strain while building up early in Spring Training. He was shut down for a few months and didn’t make his season debut until the beginning of August. He took the ball nine times down the stretch, turning in a 3.57 ERA over 40 1/3 innings.

Oviedo’s return was a mixed bag. He recorded a career-best 24.7% strikeout rate while getting whiffs at a solid 11.7% clip. The stuff looked as sharp as it’d been before his successive arm injuries. Oviedo averaged 95.5 MPH on his fastball and got good results on both an upper-80s slider and mid-70s curveball. The slider has been a plus pitch throughout his career and had a little more glove-side movement. His height also allows him to get more than seven feet of extension, so his already above-average velocity should play up.

While there are clearly things to like, Oviedo remains a work in progress. He walked three batters in seven of his nine starts, issuing free passes at an untenable 13.5% rate overall. That inefficiency kept him from working deep into games. Oviedo only once pitched into the sixth inning and didn’t complete six full frames in any appearance. It’s fair to expect some rust in his command after an 18-month absence, but throwing strikes has always been an issue. Oviedo routinely posted double-digit walk rates in the minors and issued free passes at a 10.6% rate over a full season in 2023.

The other question is whether he’ll be able to handle left-handed hitters. His changeup is a clear fourth pitch. Lefties managed a solid .244/.341/.436 line with 14 home runs in 419 plate appearances a couple years ago. Oviedo had much better results against lefties in 2025 (.151/.259/.301), but that came in a small sample with an unimpressive 19:11 strikeout-to-walk ratio.

Oviedo has four-plus years of MLB service. He’s under arbitration control for two seasons and projected by MLBTR contributor Matt Swartz for a $2MM salary. He still has a minor league option remaining and doesn’t need to open the season on the active roster. He’ll cross the five-year service threshold when he logs another 93 days on the big league active roster or injured list. The Sox would no longer be able to send him to the minors without his consent at that point.

They hope that won’t be a consideration. They liked Oviedo enough to give up one of their top upper minors hitting talents, gambling that they can unlock another level of consistency in the process. That suggests he’s got a good chance to slot behind Garrett Crochet, Sonny Gray and Brayan Bello in Alex Cora’s rotation. The Sox should welcome Kutter Crawford and Patrick Sandoval back from injury. Prospects Payton Tolle and Connelly Early debuted late in the season, while former top prospect Kyle Harrison remains in the mix.

Garcia, 23 next week, should get everyday at-bats in Pittsburgh. He didn’t have a clear path to playing time in a crowded Boston outfield but projects as the starting left fielder for the Pirates. The right-handed hitter got a cup of coffee at Fenway Park last August, picking up a hit and two walks over nine plate appearances. He otherwise divided the season between the top two levels of the minor leagues.

Known for his excellent nickname “The Password,” Garcia combined for 21 home runs with a robust .267/.340/.470 batting line across 489 plate appearances. It’s strong bottom line production for a 22-year-old, though the Sox might have had concerns about his approach. The Venezuela native struck out at a 29.1% clip while chasing more than 35% of pitches outside the strike zone over his 81 Triple-A games. The pure hit tool is a red flag, but he has topped 20 homers in consecutive minor league seasons.

Baseball America credited Garcia with above-average power and bat speed in recently ranking him the #6 prospect in the Boston system. BA writes that Garcia is a serviceable defensive center fielder despite having only average speed. He’s probably better suited in the corner opposite Bryan Reynolds but could play up the middle on days when Oneil Cruz is unavailable.

The Pirates control Garcia for at least six seasons. He still has a pair of minor league options, so they could send him back to Triple-A without issue if his approach needs further refinement. There are some parallels to last winter’s acquisition of Spencer Horwitz and the 2024 Quinn Priester/Nick Yorke deadline swap (also with the Red Sox). Pittsburgh leverages their rotation depth for a controllable upper level bat. Garcia arguably has the highest ceiling of that trio, and this surely won’t be the only lineup addition of the winter for GM Ben Cherington and his staff.

While it’s mostly an Oviedo/Garcia framework, the teams also swapped a few prospects. Samaniego, who turns 27 in January, might factor into the Boston bullpen next season. The former 15th-round pick tossed 26 1/3 innings of 3.08 ERA ball at the Double-A level this year. He fanned 28% of opponents with a sub-6% walk rate. Pittsburgh selected him onto the 40-man roster last month to keep him out of the Rule 5 draft. He still has a full slate of options and is probably ticketed for Triple-A Worcester.

Guzman, who turned 22 today, was Pittsburgh’s fifth-round pick out of the University of Arizona over the summer. The right-handed hitting catcher has only played one game in Low-A. Baseball America credited him with plus arm strength and some power to left field in their draft report. He’s a long-term development play behind the dish.

The Pirates round out their side of the deal with Travieso. He’s an 18-year-old righty who signed with Boston as an amateur out of Venezuela in 2024. He’s listed at 5’11” and has yet to garner much prospect attention, but he struck out nearly 32% of opponents over seven games in Low-A late in the season.

Jeff Passan of ESPN first reported that the Red Sox and Pirates agreed to a five-player deal involving Oviedo and Garcia. Robert Murray of FanSided reported the full trade. Respective images courtesy of Charles Leclaire and Daniel Kucin Jr., Imagn Images.

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Boston Red Sox Newsstand Pittsburgh Pirates Transactions Adonys Guzman Jesus Travieso Jhostynxon Garcia Johan Oviedo Tyler Samaniego

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Reds Re-Sign Emilio Pagán

By Anthony Franco | December 4, 2025 at 4:30pm CDT

December 4th: The Reds officially announced the Pagán signing today.

December 3rd: The Reds are reportedly bringing back closer Emilio Pagán on a two-year, $20MM contract. The deal, which is pending a physical, allows the Ballengee Group client to opt out after next season. Cincinnati’s 40-man roster count will climb to 39 once the signing is finalized.

Pagán returns on another two-year deal after one of the best seasons of his career. The Reds surprisingly signed him to a $16MM contract over the 2023-24 offseason. There was obvious risk in adding a fly-ball pitcher to work in high-leverage spots at one of the sport’s most hitter-friendly parks. Pagán didn’t post great numbers and missed a couple months with a lat injury in 2024, so he had an easy call to bypass an opt-out and return to Cincinnati.

This year went a lot more smoothly. Pagán took over the closer role from Alexis Díaz and recorded a career-high 32 saves. He did blow six save chances but had a strong season overall, pitching to a 2.88 earned run average across 68 2/3 innings. He punched out 30% of opponents against a solid 8.1% walk rate. Pagán avoided any injuries and pitched well against left- and right-handed batters alike. He got swinging strikes at a strong 14.6% clip while sitting in the 95-96 MPH range with his fastball.

Pagán has always had an elite strikeout and walk profile. He hasn’t had the year-by-year consistency of the sport’s best closers, though. The fly-ball approach still leaves him vulnerable to the home run ball. Pagán has only had one season in his nine-year career in which he has allowed fewer home runs than the average reliever. He has surrendered 85 home runs since entering the league in 2017. That’s 19 more than any other reliever over that stretch.

The longball is always going to be an issue, but Pagán sticking around as a high-leverage reliever despite the homers is a testament to his effectiveness in other areas. He’s a reliable control artist with above-average velocity. His splitter gives him an option to attack opposite-handed hitters, while he mixes in a cutter as his main offspeed pitch versus righty batters. Pagán has generally been durable outside of the aforementioned lat strain. He has topped 50 innings in every other full schedule of his career, including six years with 60+ frames.

Pagán’s strong walk year earns him a nice contract for his age 35-36 seasons. The guarantee narrowly beats our two-year, $16MM prediction. Pagán also gets the upside of the out clause, which allows him to get back to free agency if he has an equally strong ’26 season. Another two-year deal at age 36 would be rare but not unprecedented, so it’s not out of the question that he pitches well enough to consider that route.

Assuming Terry Francona slots Pagán back in the ninth inning, he’ll pitch behind a solid setup group that includes Tony Santillan, Connor Phillips and Graham Ashcraft. Cincinnati should add a left-hander at some point. The only southpaw who’d be in their bullpen at the moment is Sam Moll, who was up and down from Triple-A Louisville throughout the year.

Cincinnati has $32.275MM in guaranteed contracts to six players: Pagán, Hunter Greene, Ke’Bryan Hayes, Jose Trevino, Ben Rortvedt, and Moll. They owe $15MM in dead money ($12MM salary and a $3MM option buyout payable after the World Series) to Jeimer Candelario. Cincinnati has a sizable arbitration class which MLBTR contributor Matt Swartz projects to cost around $45MM. They’d owe another $8-10MM in minimum salary players, which puts their current commitments in the $100-105MM range. President of baseball operations Nick Krall said he expects payroll to be around the $116MM at which they opened the 2025 season.

That’d leave them with roughly $15-20MM to spend. They’re in the market for an impact bat and reportedly trying to bring Kyle Schwarber back to the Cincinnati area. That would surely cost more than $20MM annually. It’s possible ownership would make an exception for someone like Schwarber or Pete Alonso. The front office could also look to trade a player or two from the arbitration class to free up more spending capacity if they feel they’ve got a strong chance to sign an elite hitter.

Ken Rosenthal and C. Trent Rosecrans of The Athletic first reported that the Reds and Pagán had reached a two-year, $20MM deal with an out. Image courtesy of Imagn Images.

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Cincinnati Reds Newsstand Transactions Emilio Pagan

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Dodgers To Re-Sign Miguel Rojas

By Anthony Franco | December 3, 2025 at 11:56pm CDT

Miguel Rojas will play his final season as a Dodger. The World Series hero is reportedly in agreement with Los Angeles on a one-year, $5.5MM contract. Rojas, a client of Beverly Hills Sports Council, announced in October that he would retire after the 2026 season. He’ll reportedly jump right into a player development position with the Dodgers once his playing career is finished. That’ll push the team’s 40-man roster count to 38 once it’s official.

It’ll be Rojas’ fourth consecutive season in L.A. and his fifth as a Dodger overall. He broke into the majors with the team in 2014 but was traded to the Marlins after his rookie year. Rojas spent eight seasons in Miami, much of it as an everyday shortstop, until the Fish traded him back to the Dodgers over the 2022-23 offseason. He has worked in a utility role for the past three seasons and has been a strong contributor off the bench for Dave Roberts in the most recent two years.

Rojas owns a .273/.328/.404 batting line across 654 plate appearances in the past two seasons. He remains one of the toughest players in the league to strike out. Rojas is no longer an everyday shortstop but can back up Mookie Betts while logging more time between second and third base. He remains a quality utility piece who has also been regarded as a clubhouse leader in Miami and Los Angeles. The Dodgers intend to keep him in the organization beyond his playing days, which reflects his clearly strong relationship with the coaching staff and front office.

That all made it likely that the Dodgers would bring Rojas back regardless of what happened in the postseason. He then cemented himself in franchise lore and baseball history with one of the most dramatic, improbable home runs of all time.

Roberts penciled Rojas into the starting lineup for Games 6 and 7 of the World Series. He came up with one out in the ninth inning of the decider against Jeff Hoffman. With the Dodgers trailing by one, Rojas (who has never hit more than 11 home runs in a season) took Hoffman deep to left field to tie the game. It was one of the most impactful single plays ever, and the Dodgers went on to win in extras when Will Smith homered off Shane Bieber.

That one swing probably doesn’t have much bearing on Rojas’ contract. His $5.5MM salary is narrowly above the $5MM that he made in both 2024 and ’25. The Dodgers were very likely to bring him back to continue playing a utility role regardless. He’ll offer a right-handed complement to lefty hitting Max Muncy and Hyeseong Kim around the infield. The Dodgers could look to re-sign Kiké Hernández for a similar job, though that again wouldn’t leave much playing time for well-regarded prospect Alex Freeland.

The Dodgers have a projected payroll of $337MM for next season, according to RosterResource. A good portion of that money is deferred, of course. Their competitive balance tax number — which adjusts for contracts’ post-deferral values — sits at an estimated $319MM. They’re already in the top tax bracket and pay the highest fees as three-time repeat payors, meaning they’re hit with a 110% tax on any additions. They’ll pay $6.05MM in taxes on this deal, bringing the overall investment to $11.55MM. That’s not much by Dodgers standards, and they’ll hope Rojas plays a role in becoming the first team to win three straight titles since the 1998-2000 Yankees.

Daniel Álvarez-Montes of El Extrabase first reported the signing and terms. Image courtesy of John E. Sokolowski, Imagn Images.

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Los Angeles Dodgers Newsstand Transactions Miguel Rojas

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Kyle Tucker Visits Blue Jays’ Spring Facility

By Anthony Franco | December 3, 2025 at 7:53pm CDT

The Blue Jays welcomed Kyle Tucker to their Dunedin complex this afternoon, reports Robert Murray of FanSided. Murray writes that the Jays continue to have interest in both Tucker and Bo Bichette.

Toronto has been the most aggressive team in the first month of the offseason. Their seven-year deal with Dylan Cease is the biggest signing to date. They agreed to a three-year contract with KBO MVP Cody Ponce to deepen the rotation. None of that is expected to take them out of the mix on a top free agent hitter. It’d be stunning to see them sign Tucker and Bichette — who’ll probably join Cease in receiving the three largest contracts of the offseason — but the Jays appear firmly in play for either of free agency’s two best hitters.

Re-signing Bichette would be the more straightforward move, but Tucker is the better all-around player. He’s a lifetime .273/.358/.507 hitter and is coming off a .266/.377/.464 showing in his lone season with the Cubs. Even if the Jays don’t really need a corner outfielder, Tucker is the caliber of player for whom any team can make room. ESPN’s Jeff Passan wrote last month that some executives with other clubs considered the Jays the likeliest landing spot. That preceded the Cease signing but hasn’t closed the door on the possibility.

MLBTR predicted Tucker to receive an 11-year, $400MM contract as he enters his age-29 season. He declined a qualifying offer and is attached to draft pick compensation. The Jays already forfeited their second- and fifth-highest picks in next year’s draft, plus $1MM from their 2027 international bonus pool, to sign Cease. Signing another qualified free agent would cost them their third- and sixth-highest picks as well. That would not apply to their own qualified free agent in Bichette (though they’d give up their right to receive a compensatory pick after the fourth round).

RosterResource projects the Jays around a $282MM competitive balance tax figure. They’re already on track for the highest payroll in team history. Adding another top free agent would push them beyond the $304MM final luxury tax threshold. There’s no indication that the budget is tight at this point, though the Jays could try to shed some of the remaining three years and $66MM on the José Berríos deal. Toronto is seeking a high-leverage reliever on top of their pursuit for a big bat.

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Newsstand Toronto Blue Jays Bo Bichette Kyle Tucker

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By Tim Dierkes | December 3, 2025 at 4:35pm CDT

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Mets Sign Devin Williams To Three-Year Deal

By Anthony Franco | December 3, 2025 at 4:10pm CDT

December 3: The Mets have officially announced their signing of Williams.

December 1: Another free agent reliever has come off the board. The Mets are reportedly in agreement with Devin Williams on a three-year deal that guarantees the Klutch Sports client $51MM, though the net present value is knocked down by $15MM in deferrals.

Williams receives a $6MM signing bonus that’ll be paid in $2MM installments. He receives $15MM annual salaries, $5MM of which is deferred each season. (Signing bonuses are paid even in the event of a work stoppage, while players would not receive salaries for any games lost to a 2027 lockout.) There’s also reportedly a $1MM assignment bonus in the event of a trade.

A second-round pick by the Brewers in 2013, Williams took a while to climb through the minor leagues as a starting pitcher. He took off after being moved to the bullpen in 2019, climbing from Double-A to the big leagues by the end of that season. Williams emerged as one of the sport’s best late-game weapons by his first full big league season. He turned in a 0.33 ERA across 27 innings during the shortened 2020 schedule and claimed the National League Rookie and Reliever of the Year Awards.

The righty continued to dominate over the next few seasons, forming a lethal back-end duo with Josh Hader. Mets president of baseball operations David Stearns had a front row seat as Milwaukee’s front office leader for most of that tenure. Williams stepped into the ninth inning when Milwaukee sent Hader to San Diego at the ’22 deadline. He reeled off 36 saves in 40 tries with a 1.53 ERA to win his second career Reliever of the Year honors a year later.

Over his first four full seasons, Williams pitched to a 1.75 ERA while striking out 40.5% of opposing hitters. Heading into 2024, there was a decent argument for him as the best reliever in MLB. He hit his first real setback that Spring Training, as testing revealed two stress fractures in his back. He didn’t make his season debut until shortly before the trade deadline. Williams looked every bit as dominant during the regular season, reeling off 21 2/3 frames of three-run ball with 38 strikeouts to finish the year. His season ended in heartbreak fashion, as he surrendered a go-ahead homer to Pete Alonso in the final game of the Wild Card Series.

That wound up being Williams’ final action in a Milwaukee uniform. Before his last year of arbitration, the Brewers flipped him to the Yankees for starter Nestor Cortes and rookie infielder Caleb Durbin. The Yankees felt they were acquiring one of the ten best relievers in the sport. Williams’ results, at least, didn’t come close to those expectations.

The 31-year-old righty had an inconsistent lone season in the Bronx. He was terrible early on, giving up multiple runs in three of his first 10 appearances. Consecutive poor outings at the end of April led the Yankees to move him to a setup role and put Luke Weaver back into the ninth inning. Williams had one more rough appearance in early May before settling into a groove over the next few weeks. He returned to closing when Weaver landed on the injured list at the beginning of June.

Williams was lights out from that point through the All-Star Break. He gave up runs in seven of his first nine appearances of the second half, though, and the Yankees pushed him out of the closer role for good when they acquired David Bednar at the trade deadline. Williams posted a 5.06 ERA in the second half despite striking out nearly 40% of batters faced — the second-best rate among qualified relievers behind Mason Miller. He worked in a setup capacity late in the season and into the playoffs. Williams tossed four scoreless frames with four strikeouts in the postseason.

The end result was a career-worst 4.79 earned run average over 67 appearances. The Mets are placing a decent sized bet that the poor run prevention was a fluke. Opponents had a .339 batting average on balls in play when runners were on base. That’s easily the highest mark in Williams’ career (aside from his brief 2019 debut). He had a very difficult time stranding runners as a result. While relievers certainly need to be able to work out of tough situations, that had never previously been an issue.

Batted ball metrics can be volatile, especially for relievers who only throw 60-70 innings in a season. Williams’ stuff still grades out extremely well, and he remains capable of missing bats at a level that few other pitchers can match. He struck out 34.7% of opponents behind a 16.8% swinging strike rate. Those are down slightly from his usual marks but remain among the best in MLB. Among relievers with 50+ innings, Williams finished eighth in strikeout rate and 10th in whiffs.

Williams has two pitches which he has used at roughly equal rates over the past couple seasons. His fastball sits around 94 MPH and while it’s a good pitch, his standout offering is his unique “Airbender” screwball/changeup. The pitch still moves unlike any other changeup in the league, and opponents have hit below .200 against it in every full season of his career.

The underlying numbers made Williams a popular “buy-low” target among teams and fanbases. That is borne out in the contract to an extent. Williams might have been in the running for a $100MM deal had he posted another sub-2.00 ERA season. It didn’t force him to settle for a pillow contract, as he’s still being paid as a high-end reliever. Williams falls well short of the four years and $72MM which Tanner Scott commanded last winter, but he’s within the $46-58MM range in which closers Robert Suarez, Liam Hendriks and Raisel Iglesias have found themselves over the past few offseasons. He came up shy of the four years and $68MM which MLBTR had predicted in ranking him the second-best reliever in the class.

While an ugly walk year ERA still has some impact on a pitcher’s market, Williams is the third example this offseason of teams placing a decent amount of emphasis on stuff and whiffs in spite of that. Dylan Cease commanded a seven-year deal from the Blue Jays coming off a 4.55 ERA over 32 starts. Ryan Helsley pulled $14MM annually from the Orioles on a two-year contract with an opt-out despite a brutal finish to his 2025 season with the Mets. It’s easier for clubs to place that kind of bet on pitchers coming from a different team. The Mets were never likely to bring back Helsley, and while the Yankees reportedly kept in contact with Williams’ camp, they also opted not to issue him a $22.025MM qualifying offer that probably would have kept him around on a one-year deal.

The Mets obviously don’t feel that Williams is incapable of succeeding in New York. He’ll slot into a key late-inning role in Carlos Mendoza’s bullpen. He projects as the closer for now but could slide back into a setup capacity if the Mets bring back Edwin Díaz, which they’re reportedly still considering. If the Mets allow their longtime closer to walk, they’ll need to bring in multiple right-handed setup arms to bridge the gap to Williams in the ninth.

RosterResource projects the Mets’ 2026 payroll and luxury tax commitments in the $277-280MM range. They’re likely to end up beyond the $304MM final surcharge threshold by the time they address the rotation, bullpen, and/or first base and the corner outfield. The estimate from FanGraphs currently has them in the second tier of penalization — just below the $284MM cutoff for Tier 3. They’re taxed at a 62% rate for spending between $264MM and $284MM, so the Williams signing comes with an approximate $8-10MM tax hit depending on the calculation of the net present value. They’ll pay a 95% tax on spending between $284MM and $304MM and a 110% bill on any money beyond $304MM.

Will Sammon of The Athletic reported that the Mets and Williams had agreed to a three-year deal. ESPN’s Jeff Passan noted that the guarantee was above $50MM, while Jon Heyman of The New York Post had the salary/bonus/deferral breakdown. The Athletic’s Ken Rosenthal was first on the assignment bonus.

Image courtesy of Wendell Cruz, Imagn Images.

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New York Mets Newsstand Transactions Devin Williams

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Blue Jays Open To Trading Jose Berrios

By Steve Adams | December 3, 2025 at 1:04pm CDT

The Blue Jays’ early signings of Dylan Cease and KBO returnee Cody Ponce have deepened a rotation that already included Trey Yesavage, Kevin Gausman, Shane Bieber and Jose Berrios. Lefty Eric Lauer and righty Yariel Rodriguez give Toronto a pair of quality swing options, too, and the Jays still have Bowden Francis and former top prospect Ricky Tiedemann (who should be recovered from 2024 Tommy John surgery) in the upper minors as well.

The magnitude of Ponce’s three-year, $30MM contract presumably puts him squarely into the rotation. Barring a move to a six-man rotation or a spring injury, Toronto will have more starters than rotation places available. Injuries can turn a “surplus” into a deficiency pretty quickly, particularly when it comes to pitchers, but the Jays are willing to trade Berrios, Mitch Bannon of The Athletic reports.

It’s easy to frame this as the Jays adding enough depth that they’re now willing to deal Berrios. That’d be the charitable (to Berrios) way of shaping things. The other and perhaps more likely angle is simply that Toronto wasn’t enamored with Berrios continuing as its fourth starter and has acted decisively with a pair of additions pushing the veteran righty down the depth chart.

Berrios, 32 next May, has been an iron man for the Jays and Twins throughout his big league tenure. He’s started at least 30 games every year since 2018, with the exception of the shortened 2020 season, when he started a full slate of 12 games. No pitcher has started more games (234) or totaled more innings (1367 1/3) than Berrios in that span of eight years.

Along the way, Berrios has generally been an above-average starter. He’s logged a 3.94 ERA, set down 22.6% of his opponents on strikes and only walked 6.8% of the batters he’s faced. Few starters have been this reliable for this long.

Be that as it may, Berrios’ more recent seasons have seen him trend in the wrong direction. After punching out 23.7% of his opponents from 2018-23, he’s dropped to 19.6% over the past two seasons. Add in a 19.8% strikeout rate in 2022, and Berrios has now been under 20% in that regard in three of the past four years. League average in that time has been about 22.5%. Berrios has spent much of his career working with plus command, but this past season’s 8% walk rate — while still slightly better than the 8.4% league average — was up considerably from the 6.3% mark he posted across four prior seasons.

The worrying trends don’t stop there. Berrios’ 93 mph average four-seamer in 2025 was the lowest of his career, while the 92.2 mph average on his sinker was his second-lowest (leading only the 92.1 mph he averaged back in 2019). He also surrendered the highest average exit velocity (90.3 mph) and barrel rate (11.3%) of his career. His opponents’ 42.5% hard-hit rate was the second-highest mark in his MLB run. Berrios has only yielded a hard-hit rate north of 40% in three of his 10 major league seasons. All three have come within the past four years. Unsurprisingly, given the dips in velocity, command and whiffs, Berrios has become more homer-prone; after surrendering an average of 1.17 homers per nine frames from 2017-23, he’s up to 1.43 since Opening Day 2024.

None of this necessarily makes Berrios a bad pitcher. He’s an ultra-durable source of reliable, if unspectacular innings. However, coming off a down season that ended with what was incredibly the first IL stint of his big league career (elbow inflammation), would Berrios match the remaining three years and $66MM on his contract? He’d be hard-pressed to do so — certainly once factoring in the opt-out provision he has following the 2026 campaign and the escalators that could push his remaining guarantee from $66MM to $70MM.

Currently, Berrios is guaranteed $24MM in both 2027 and 2028. Both figures would rise by $1MM if the right-hander pitches a combined 300 innings in 2025-26 and another $1MM if he gets to a combined 350 innings. With 166 frames under his belt in 2025, he’d only need 134 innings in 2026 to secure an additional $2MM and a tougher but plausible 184 innings to tack on yet another $1MM per season. Given his durability, it’s likely that Berrios will at least be promised at least $50MM over two seasons when weighing his opt-out opportunity next winter — and possibly two years and $52MM.

All of that coalesces to make Berrios a difficult player to trade. He’ll pitch next year at 32, so it’s hardly out of the question that he rediscovers some of his waning ability to miss bats and/or limit walks and boosts his profile a bit. In that instance, however, Berrios might very well opt out of the two years left on his contract beyond the 2026 season. On the other hand, if the veteran righty continues to see his strikeouts dip and/or see his walks creep further north, he could be more of an innings-eating fifth starter who’s trending down and owed $24-26MM in both his age-33 and age-34 campaigns.

Essentially, any team trading for Berrios would probably do so with the hope that he’d rebound closer to his 2021-23 form — at which point he’d likely opt out. But to acquire him, they’d also have to take on the downside of Berrios maintaining his recent status quo or even slipping further, thus making that $48-52MM owed to him in 2027-28 wholly unappealing.

It’d be a surprise if the Jays were to find an interested team that was willing to both take on the entirety of Berrios’ remaining contract (to say nothing of doing so and surrendering young talent). In all likelihood, the Jays would need to include at least some cash or take back another contract of some note at a different position. That said, starting pitching is always in demand, and there are always teams looking for creative ways to swap weighty contracts that might better fit their current roster or payroll objectives.

One other fascinating wrinkle to consider: Berrios ended the 2025 season with 9.044 years of major league service time. That places him 128 days shy of 10 years. With MLB Opening Day set for March 25 and the trade deadline set to fall on Friday, July 31, Berrios would reach 10 years of service the day before next summer’s deadline. At that point, he’d acquire 10-and-5 rights — 10 years of MLB service, including the past five with the same team — thereby granting him full veto power over any trade scenarios. Currently, Berrios can block trades to a slate of eight teams.

Toronto can still carry Berrios into the 2026 season and enjoy the depth he provides. In all likelihood, injuries are going to thin out the top end of the current rotation options. That’s just reality for any big league club in today’s game. But the Jays have viable rotation alternatives, and the looming realization of Berrios’ 10-and-5 rights mean that trading him next winter will be even more complicated if he chooses to forgo his opt-out. There’d also be quite a bit of pressure to try to push a deal across the finish line in late July in the event that the Jays are intent on dealing him this summer.

It’s a complicated scenario, to say the least. Berrios’ contract is underwater but not an albatross. He’s a durable source of steady innings but no longer a borderline All-Star. The Jays can try to trade him this winter or during the season, but they’ll have not only the “clock” of the trade deadline but also the artificial clock of Berrios’ forthcoming full no-trade rights. Moving Berrios now would free up some more space for a run at re-signing Bo Bichette or trying to lure Kyle Tucker to Toronto, though the Jays would probably need to take on some other costs in order to get a deal done. It all makes for a fascinating thread to follow ahead of next week’s Winter Meetings, where convoluted trade packages and high-profile changes of scenery are the norm.

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Newsstand Toronto Blue Jays Bowden Francis Cody Ponce Dylan Cease Eric Lauer Jose Berrios Kevin Gausman Ricky Tiedemann Shane Bieber Trey Yesavage Yariel Rodriguez

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