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Phillies To Sign Tucker Davidson To Minor League Deal

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The Phillies and left-hander Tucker Davidson have agreed to a minor league deal, reports Will Sammon of The Athletic. Sammon doesn’t mention whether or not the ISE Baseball client will be in big league camp in spring training.

Davidson, 30 in March, pitched in the majors from 2020 to 2024. He logged 129 2/3 innings for the Braves, Angels, Royals and Orioles, allowing 5.76 earned runs per nine. He had better minor league numbers in that span, tossing 219 Triple-A frames with a 3.86 ERA, striking out 24.5% of batters faced against an 8% walk rate while also getting grounders on about half the balls in play he allowed.

With the lack of big league success, he exhausted his option seasons in that span. Instead of sticking around in North America for minor league opportunities, he took an offer to go overseas. Going into 2025, he signed with the Lotte Giants of the Korea Baseball Organization. That stint in the KBO seemed to go well, based on the numbers. He made 22 starts for the Giants with a 3.65 ERA, 22.5% strikeout rate, 9.1% walk rate and 46.4% ground ball rate.

Despite those decent results, the Giants decided to make a switch in August. They signed Vince Velasquez and bumped Davidson off their roster. Davidson then landed a minor league deal with the Brewers. He made six starts for their Triple-A club with a 4.68 ERA, 22.9% strikeout rate and 6.4% walk rate. His fastball averaged under 90 miles per hour but he also featured a splitter, sinker, slider and curveball.

The Phillies have a bit of rotation uncertainty going into the season. They will have Cristopher Sánchez, Jesús Luzardo, Aaron Nola and Taijuan Walker in four spots. Zack Wheeler will certainly be in there if he’s healthy but he’s recovering from surgery to address thoracic outlet syndrome and may not be ready by Opening Day.

If Wheeler is on the shelf or anyone else gets hurt, Andrew Painter could step up. However, he still has no major league experience and posted a 5.40 ERA in Triple-A last year. Other inexperienced depth options on the roster include Yoniel Curet, Jean Cabrera and Alan Rangel. Davidson gives the Phils some more depth without taking up a roster spot.

Photo courtesy of Kamil Krzaczynski, Imagn Images

Phillies Sign Zach Pop To Major League Deal

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January 5th, 2026: According to the Associated Press, Pop will make $900K in the majors and $250K in the minors.

December 22nd, 2025: The Phillies announced that they have signed right-hander Zach Pop to a major league deal. Their 40-man roster count jumps to 39. Salary figures haven’t been reported.

It’s a bit surprising to see Pop command a big league deal. He bounced around during the 2025 season. He opened the year with the Blue Jays but was released shortly after Opening Day. Pop got to the big leagues for four appearances with the Mariners and pitched one time as a member of the Mets. He allowed 12 runs (11 earned) in just 6 2/3 MLB innings. That pushed his career earned run average to 4.88 over 162 1/3 frames spanning five seasons.

The Canadian-born righty made 20 appearances in the minors this year. He allowed a 4.19 ERA over 19 1/3 innings. His underlying numbers were more encouraging. Pop fanned more than a quarter of opponents against a manageable 8.9% walk rate. He got ground-balls at a massive 75% clip while sitting in the 96-97 MPH range with his sinker. Pop has always done a good job keeping the ball down, running a career 55% grounder percentage in the big leagues.

Philadelphia was intrigued enough by the stuff to give Pop one of their two vacant roster spots. Assuming he remains on the 40-man into Spring Training, he’ll get an opportunity to battle for a middle relief job in camp. Pop has exhausted his minor league option years, so the Phils cannot send him down without running him through waivers.

Philly has six bullpen spots accounted for if everyone gets through camp healthy. Jhoan Duran, Brad Keller, José Alvarado, Tanner Banks and the out-of-options Jonathan Bowlan are locks. Right-hander Orion Kerkering should pretty safely be in there as well unless he has a terrible Spring Training. Pop and Rule 5 pick Zach McCambley either need to stick in the big leagues or be taken off the 40-man (and offered back to the Marlins after clearing waivers, in McCambley’s case).

Phillies Interested In Randal Grichuk

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It was reported last month that the Phillies are looking for a righty-swinging platoon bat to add to their outfield mix. Today, Ken Rosenthal and Will Sammon of The Athletic report that Randal Grichuk is one specific name they are showing interest in.

The Phillies are likely to have a regular outfield of Adolis García in right, Justin Crawford in center and Brandon Marsh in left. Nick Castellanos is still on the roster but reporting throughout the winter has indicated the Phils are planning to move on from him before the season starts. That could be via a trade but he won’t have a ton of value due to his declining performance and $20MM left on the final year of his contract. If they can’t work out a trade in the coming weeks, he may just be released.

With the García/Crawford/Marsh trio, adding a righty-swinging complement makes a lot of sense, as Marsh and Crawford both swing from the left side. Marsh has a career .213/.278/.303 line and 61 wRC+ against southpaws, so it’s logical to shield him from those matchups as much as possible.

Crawford hasn’t even made his major league debut yet, but the Phils seem determined to give him a shot at taking the center field job this year. In the minors, his exposure to lefties has been limited. He only stepped to the plate 61 times against them in 2024 and just 91 times last year. His 2024 line was a fairly lackluster .263/.295/.439. He shot that up to .376/.411/.518 in 2025 but with a big spike in batting average on balls in play.

It’s hard to read much into the data with Crawford, since we’re talking about a small number of minor league events with no big league experience. Generally speaking, he’s a low-power contact-based hitter. He’s never hit more than nine home runs in a minor league season, as his production generally comes from putting the ball in play and using his speed. Time will tell how that approach translates against major league pitchers. Having a righty bat on hand to platoon with Marsh makes plenty of sense and perhaps Crawford as well, depending on how the latter fares in his first exposure to big league arms.

Grichuk fits the profile, as he swings from the right side and has been utilized as a lefty masher in recent years. He signed a $2MM deal with the Diamondbacks going into 2024 and provided excellent return on that modest investment. He was sent to the plate 279 times and slashed .291/.348/.528 for a 139 wRC+. That included a .319/.386/.528 line and 152 wRC+ against lefties.

Despite that solid season, Grichuk’s earning power didn’t improve greatly. He returned to the Snakes for 2025 with a $5MM guarantee. He wasn’t able to produce in quite the same way, as he slashed .228/.273/.401 for the year, getting flipped to the Royals at the deadline. His numbers were better against lefties last year but still not great, as he hit .227/.273/.430 for an 89 wRC+ in the split.

Obviously, the Phillies would be hoping for more of the 2024 version of Grichuk if they were to sign him. As an interesting sidenote, Grichuk and Castellanos actually have somewhat comparable profiles right now. Castellanos also didn’t have a great 2025 season but hit .269/.324/.506 against lefties in 2024, production that translated to a 124 wRC+. Each player is going into his age-34 season.

Perhaps it speaks to the poor relationship between Castellanos and manager Rob Thomson, who have publicly clashed a few times, that the Phils are seemingly plotting to get rid of Castellanos and replace him with a comparable player while potentially eating millions of dollars in the process. Castellanos was benched in June for some kind of inappropriate comment made to the skipper, per ESPN. Castellanos also publicly criticized Thomson for his communication skills. The Phils signed Thomson to an extension last month.

Grichuk is clearly superior in the field, however. Castellanos has never been a great defender. From 2018 to the present, he has been credited with minus-82 Defensive Runs Saved and minus-75 Outs Above Average. Those are the worst figures of any player in the majors for that span, regardless of position.

Grichuk, meanwhile, has been a strong defender in his career. His numbers have slipped to below average as he has pushed into his mid-30s but not by too much. Grichuk only has two center field innings since the start of 2024, which may work against him providing cover for Crawford in center. But Marsh is still arguably a viable center fielder, so it could still be possible to make the fit work.

Even if the Phillies don’t line up with Grichuk specifically, they will have other options to consider. Miguel Andujar, Austin Hays, Tommy Pham and Austin Slater are some other righty-swinging free agents who are available, none of whom should break the bank. Old friend Harrison Bader is out there but he might have enough juice to get a full-time job, as opposed to a short-side platoon role.

The Phils are one of the top-spending teams in the league but there have been some indications things are getting tight after their big deal to re-sign Kyle Schwarber. In addition to a platoon outfielder, they need to bring back J.T. Realmuto or do something else to replace him behind the plate.

The Phils opened last year with a payroll of $284MM, per Cot’s Baseball Contracts. They are projected for $265MM next year, according to RosterResource. At the start of the offseason, MLBTR predicted Realmuto for a $30MM deal over two years. Between Realmuto and a platoon outfielder, the Phils would likely end up in the same range, though it’s still possible the offseason goes in some different directions. The Phils have reportedly explored the catching trade market, indicating a reunion with Realmuto isn’t guaranteed. They were also connected to Bo Bichette a few days ago, so perhaps there’s some chance of a big plot twist in the final weeks of the offseason.

Photo courtesy of Jay Biggerstaff, Imagn Images

Phillies Hire Don Mattingly As Bench Coach

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The Phillies announced Monday that they’ve hired Don Mattingly as the new bench coach to manager Rob Thomson. President of baseball operations Dave Dombrowski acknowledged last month that he’d spoken to Mattingly about the vacancy. Last year’s bench coach, Mike Calitri, changed roles this offseason and became the team’s major league field coordinator. Mattingly has spent the past three seasons as the Blue Jays’ bench coach but chose not to return in that role for the 2026 season as he instead explored other opportunities.

“I am excited to welcome Don Mattingly to Philadelphia,” Thomson said in this morning’s press release. “Having known Don for years and having worked closely with him in New York, I know that his knowledge of the game and his character make him a great addition to our tremendous coaching staff.”

Notably, Mattingly joins an organization that employs his son, Preston, as its general manager. The younger Mattingly isn’t the top decision-maker in Philadelphia’s front office — Dombrowski still holds hat role as the team’s president — but he’s a key figure in baseball operations who spent several seasons as the team’s director of player development and an assistant general manager before being elevated to his current post.

As Thomson noted in his comment, the two men worked together in the Yankees organization, though they didn’t overlap on the team’s major league coaching staff. Thomson actually succeeded Mattingly as bench coach in 2008, after Mattingly accepted an offer to become Joe Torre’s hitting coach in Los Angeles. He’d been in the running for the managerial vacancy in the Bronx that ultimately went to Joe Girardi, who named Thomson his new bench coach.

Even if they weren’t on the same big league staff, however, Mattingly and Thomson worked together with the Yankees. Mattingly was a minor league instructor prior to being added to the big league staff as hitting coach in 2003. During that time, Thomson worked both as a minor league manager and as a key figure in the Yankees’ player development department, where the two aligned to work with the Yankees’ up-and-coming talent.

In addition to his work as a bench coach and hitting coach between the Bronx and L.A., the now-64-year-old Mattingly spent five years managing the Dodgers and another seven managing the Marlins. He then jumped to the Jays, where he was first hired as bench coach and then had the title “offensive coordinator” added to his position. In that role, Mattingly oversaw the hitting coaches up and down the entire organization.

Now bound for Philadelphia, Mattingly will serve as Thomson’s top lieutenant. There’s been some speculation as to how long Thomson will continue to manage, but he signed a one-year extension through the 2027 season following the 2025 campaign, so he’s locked in for at least two more years. Mattingly is actually two years older than Thomson, so he’s not exactly the prototypical younger heir-apparent in waiting, but if Thomson does step away after his current contract, the Phillies would have an experienced option in the organization already. If not, Mattingly simply adds another seasoned coach to a veteran staff full of several well-regarded names.

Phillies Interested In Bo Bichette

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Free agent infielder Bo Bichette has thus far drawn interest from the Blue Jays and Red Sox. The Yankees, Cubs, and Dodgers have also checked in on his market. Now, Jon Heyman of the New York Post adds that the Phillies are among the big-market suitors for Bichette.

Philadelphia’s biggest offseason move has been the re-signing of Kyle Schwarber to a five-year, $150MM contract. Outside of that, the team has added Adolis Garcia to the outfield mix on a one-year deal. They also retooled the bullpen by trading away Matt Strahm, acquiring Kyle Backhus, and signing Brad Keller and Zach Pop. Last month, it was reported that the club is looking for a righty platoon bat and some rotation depth, as well as a reunion with J.T. Realmuto. In contrast, the infield hasn’t been mentioned as a target for an upgrade, so it’s possible that the Phillies are just doing due diligence on Bichette.

The club has Trea Turner entrenched at shortstop. The 32-year-old continues to perform at a high level. In 2025, he batted .304/.355/.457 in 141 games with a 125 wRC+ that was sixth-best among qualified shortstops. He also lowered his strikeout rate to just 16.7% and hit 15 home runs while stealing 36 bases. Crucially, after two seasons of below-average defense, Turner was worth 2 Defensive Runs Saved as well as 16 Outs Above Average in 2025, the latter ranking fourth among qualified shortstops. That stands in stark contrast to Bichette, who was worth -12 DRS and -13 OAA for the Blue Jays this year.

The presence of Turner makes the Phillies less of an obvious fit for Bichette the shortstop. With Schwarber taking the DH slot, Bichette would need to play second or third base if he were to sign. The keystone is the more likely outcome, with Bichette telling interested teams that he is willing to play there. He notably played five games at second base during the World Series, with Andres Gimenez covering shortstop. Before that, Bichette had only spent 262 1/3 innings at the keystone in his career, all in the minor leagues.

Statcast takes an unfavorable view of Bichette’s arm strength (36th percentile) and sprint speed (21st percentile). A move to second base would allow him to make shorter throws and limit his exposure to batted balls from right-handed hitters, with which he has historically struggled. Meanwhile, the Phillies’ incumbent second baseman is Bryson Stott. His 2025 batting line of .257/.328/.391 was league average by wRC+. On defense, he was seen as average (0 DRS) to positive (7 OAA). Altogether, he was worth 3.1 fWAR this year, which was sixth among qualified second basemen.

Signing Bichette to play second might force Stott to the hot corner, where has only played 15 big-league innings. That could still be a good defensive alignment of the two. Whereas Bichette struggles against batted balls by right-handed hitters, Stott was worth an equal 4 OAA against right-handed and left-handed batters in 2025. Slotting him at third base to accommodate Bichette wouldn’t be a perfect fit, given Stott’s below-average arm strength. Still, his better performance against batted balls by righties, as well as his plus range and sprint speed, could help him adapt to the hot corner better than Bichette could.

An alignment of Stott at third, Turner at short, and Bichette at second would leave Alec Bohm without a regular position. Bohm batted .287/.331/.409 with a 105 wRC+ in 120 games this year as the Phillies’ primary third baseman. That’s certainly not terrible, but it was a drop-off from his 113 wRC+ in 2024. He also declined on defense, dropping from 4 OAA in 2024 to -2 OAA this year. Bohm is entering his last year of team control and is projected for a $10.3MM salary in arbitration, which makes him a potential trade candidate. Indeed, back in October, 69.72% of MLBTR readers believed the Phillies would trade him.

It remains to be seen whether the Phillies are seriously interested in Bichette or just doing their due diligence. That said, if they were to sign him and trade Bohm, they’d be upgrading their offense and potentially their infield defense. We at MLBTR ranked Bichette at No. 2 on our Top 50 Free Agents list, projecting an eight-year, $208MM deal. Adding that $26MM annual salary while subtracting Bohm’s $10.3MM would bring the team’s 2026 payroll to just under $281MM, according to RosterResource. That would leave about $10MM for a reunion with Realmuto and other additions, assuming the team matches its 2025 payroll of $291MM.

Photo courtesy of Dan Hamilton, Imagn Images

Phillies Sign Mark Kolozsvary To Minor League Deal

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The Phillies have signed catcher Mark Kolozsvary to a minor league contract, The Athletic’s Will Sammon reports.  The deal contains an invitation for Kolozsvary to attend Philadelphia’s big league spring camp.

Kolozsvary has played in only 11 Major League games, and none since the 2023 season.  Rafael Marchan and Garrett Stubbs are the only other catchers in the Phillies organization with any big league playing time at all, so the 30-year-old Kolozsvary adds some experience to the depth chart.  J.T. Realmuto’s continued stay in free agency remains the biggest question hanging over the Phillies’ catching situation, but given how Marchan and Stubbs also haven’t shown much at the MLB level, adding another catcher to the Spring Training backup competition was likely on the Phils’ to-do list with or without Realmuto back in the fold.

A seventh-round pick for the Reds in the 2017 draft, Kolozsvary’s time with his original team culminated in 10 MLB games and 21 plate appearances during the 2022 season.  The Orioles claimed Kolozsvary off waivers from Cincinnati following the 2022 campaign, and Kolozsvary ended up making a single appearance as a late-game defensive sub during a brief stay on Baltimore’s active roster in June 2023.  The O’s designated him for assignment shortly thereafter and Kolozsvary caught on with the Twins on a minor league deal, and he then spent the 2024-25 seasons playing in the Red Sox farm system.

Kolozsvary has a reputation as a very solid defensive catcher, which has helped him extend his career despite a modest .194/.309/.338 slash line over 407 plate appearances at the Triple-A level (let alone his .200/.238/.450 slash in the small sample size of his 21 PA with the Reds).

Kolozsvary has two minor league options remaining, which is a notable detail because both Marchan and Stubbs are out of options.  While the Phillies avoided arbitration with Marchan and Stubbs by signing them to guaranteed salaries for the 2026 season, neither contract is expensive, and Stubbs’ deal is a split contract.  This opens the door for Kolozsvary to possibly supplant Stubbs as the top depth catcher, though the Phillies’ catching mix remains fluid as long as Realmuto remains unsigned.

Phillies To Sign Levi Stoudt To Minor League Deal

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The Phillies and right-hander Levi Stoudt have agreed to a minor league deal, reports Ari Alexander of 7News Boston WHDH. The righty is represented by Gaeta Sports Management.

Stoudt, now 28, was once a notable prospect. The Mariners selected him with a third-round pick in 2019. He missed the 2020 season, both due to the pandemic and because Stoudt was recovering from Tommy John surgery. Over 2021 and the first half of 2022, he tossed 168 2/3 innings in Seattle’s system with a 4.32 earned run average, 23.7% strikeout rate and 8.3% walk rate.

He was one of four players traded to the Reds in the 2022 deadline deal which sent Luis Castillo to Seattle. Cincinnati gave him a 40-man spot in November of that year to keep him out of the Rule 5 draft.

Things didn’t work out with the Reds. He tossed 10 1/3 innings in the majors in 2023, allowing 11 earned runs. He also tossed 82 1/3 innings at the Triple-A level that year with a 6.23 ERA. His 15.1% strikeout rate and 13% walk rate were both poor figures.

The Reds designated him for assignment in the 2023-24 offseason. The Mariners grabbed him back via the waiver wire and kept him on optional assignment. They put him back on waivers in June. The Orioles claimed him but then passed him through waivers in July. Over 2024 and 2025, he had a 5.83 ERA in the minors with an 18.5% strikeout rate and 11.4% walk rate.

It’s been a while since Stoudt has been able to put up intriguing numbers but there’s an old saying that there’s no such thing as a bad minor league deal. Stoudt is still relatively young and could perhaps find another gear.

If he does so and earns a roster spot, he still has an option season, meaning the Phils could send him to Triple-A and back fairly freely for a year. He also has just ten days of big league service time, meaning he could be affordably controlled for years into the future, though a lot would have to go right before that even becomes a consideration.

Photo courtesy of Kim Klement Neitzel, Imagn Images

Details On Matt Strahm Trade

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The Phillies traded lefty Matt Strahm to the Royals on Friday in exchange for righty reliever Jonathan Bowlan. Philadelphia has two other solid lefty relievers in Jose Alvarado and Tanner Banks, to say nothing of Jhoan Duran and the recently-signed Brad Keller from the right side. With a strong late-inning mix in those four, it made sense to clear Strahm’s $7.5MM salary for 2026 to help with other additions, such as a J.T. Realmuto reunion.

According to Matt Gelb of the Athletic, Strahm was outspoken in his opinions on how the bullpen and clubhouse were managed, which clashed with coaches and other team officials. Meanwhile, Phillies president of baseball operations Dave Dombrowski framed the matter as a more of a question of contractual control, telling reporters, “(Strahm is) a year away from free agency. We were able to get a guy that we liked who has six years of (club control) and we think can help us right away. So you have to give to get. And we still feel good with our left-handers in the bullpen.”

For his part, Strahm released a statement following the trade in which he spoke positively of the organization and of his now-former teammates. “It was an honor to wear this uniform alongside you and compete every day with a group that truly cared about winning and about each other,” said Strahm. “I’ll miss every single guy in that clubhouse. I’ve never experienced anything like it.” In any case, whether the trade resulted from tension with his teammates or with the coaching staff, the club felt it was the right time to move on.

Strahm came to the Phillies in December 2022 on a two-year, $15MM deal. In March 2024, the two sides agreed on a one-year extension for 2025 at a $7.5MM salary, which contained a $4.5MM club option for 2026. Strahm vested that option at a higher rate of $7.5MM by reaching 60 innings in 2025 (he finished with 62 1/3 innings over 66 appearances) and passing a physical in September. Indeed, while he was injury-prone during his years with the Royals, Padres, and Red Sox, Strahm was healthy from 2023-25 with the Phillies, avoiding the injured list entirely.

The combination of good health and performance made his $7.5MM annual salary an excellent value. In 212 2/3 innings across 188 appearances from 2023-25, Strahm had a 2.71 ERA and struck out 30.5% of hitters against a 6.2% walk rate. Excluding his 33 1/3 innings as a starter in 2023, his 2.46 ERA in 179 1/3 innings was 10th-best among qualified relievers, just ahead of Edwin Diaz and Josh Hader. His 24.1% K-BB rate as a reliever was 12th-best.

His 2025 was more of the same, if a slight step down from his All-Star 2024 season. He pitched to a 2.74 ERA while seeing his strikeout and walk numbers trend slightly in the wrong direction. He struck out 33.3% of hitters in 2024, though that slipped to 27.3% this year. That is still excellent, ranking in the 81st percentile according to Statcast. Similarly, his walk rate increased from 4.6% to 7.8% in 2025, which graded out in the 53rd percentile. Both of those metrics suggest that Strahm is still a capable high-leverage arm. That said, there were some signs of decline under the surface. His four-seam velocity dropped to 92.2 mph this year after sitting at 93.4 mph from 2023-24. His 21.2% groundball rate in 2025 was worst among qualified relievers, while his 59.0% flyball rate was third-worst.

Given these trends and the tension with the coaching staff, the Phillies may have simply been content to move on and enter 2026 with Alvarado and Banks as their lefty relievers. Meanwhile, Strahm will get a fresh start with the Royals, whose bullpen is quite strong heading into 2026. The additions of Strahm and outfielder Lane Thomas bring the club’s projected payroll to $150MM, up from $138MM in 2025, according to RosterResource.

Photo courtesy of Jayne Kamin-Oncea, Imagn Images

Nine Teams Exceeded Luxury Tax Threshold In 2025

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Major League Baseball has finalized its calculations of teams’ competitive balance tax payrolls for the 2025 season. As first reported by The Associated Press, nine teams surpassed the $241MM base threshold. In a separate post, The AP lists the finalized CBT numbers for all 30 teams.

The payments are as follows:

  • Dodgers: $169.4MM
  • Mets: $91.6MM
  • Yankees: $61.8MM
  • Phillies: $56.1MM
  • Blue Jays: $13.6MM
  • Padres: $7MM
  • Astros: $1.5MM
  • Red Sox: $1.5MM
  • Rangers: $190K

Teams pay escalating penalties for exceeding the threshold in consecutive seasons. The Dodgers, Mets, Yankees, Phillies and Rangers have all paid the tax in at least three straight years — subjecting them to the highest escalator fees. The Astros went over the line for the second straight season. The Blue Jays, Padres and Red Sox had gotten below in 2024 and are categorized as first-time payors.

This is the second straight year in which nine teams paid the CBT. The Braves, Giants and Cubs had gone over the line in ’24 but dipped below this year, which resets their status going into 2026. Atlanta’s active offseason puts them in position to go back into tax territory next year, when the base threshold climbs to $244MM. San Francisco and Chicago each have projected CBT numbers more than $40MM below that right now.

While public estimates from RosterResource and Cot’s Baseball Contracts offer an excellent approximation of teams’ payroll commitments, the official numbers are not available during the season. It’s not uncommon for rounding errors in those calculations to vary by a few million dollars. That generally isn’t a big deal but can matter for teams that are hovering very close to the tax line. Each of the Red Sox ($249MM payroll), Astros ($246MM) and Rangers ($241.38MM) were believed to have gone narrowly beyond the $241MM cutoff, but that wasn’t 100% established until this evening — particularly in the case of Texas.

The Dodgers ($417MM), Mets ($347MM), Yankees ($320MM), Phillies ($314MM) and Blue Jays ($286MM) all had payrolls above $281MM. That was the third tier of penalization and marked the point at which a team’s top draft pick is dropped by 10 spots. The Mets were the only of those five that didn’t make the playoffs. Their top pick drops from 17th to 27th. The Yankees, Philadelphia, Toronto and L.A. all have their first-round pick dropped to between 35th and 40th.

Teams that paid the CBT are entitled to the lowest level of compensation for losing free agents who declined a qualifying offer. They receive a draft choice after the fourth round for each qualified free agent who walks. They’re charged the heaviest penalty — their second- and fifth-highest picks in 2026 and $1MM from their ’27 international bonus pool — for signing a qualified free agent from another team.

San Diego and the Mets receive a pick after the fourth round for losing Dylan Cease and Edwin Díaz, respectively. Toronto (Bo Bichette), Houston (Framber Valdez) and Philadelphia (Ranger Suárez) would receive the same if their free agents sign elsewhere. The Dodgers surrendered their second- and fifth-round selections for Díaz. Toronto is slated to do the same for Cease, but if Bichette walks, they’d give up that compensatory pick instead and get their fifth-rounder back.

The Dodgers’ combined payroll and tax bill for the 2025 season lands north of $586MM. The two-time defending champions’ tax hit alone is higher than the payrolls of the bottom 12 teams in the league. There were 14 clubs that had a CBT number above $200MM. The Braves, Cubs, Giants, Angels, Diamondbacks and Mariners were the other six teams above the median. All but Seattle spent more than $200MM.

On the other end, the Marlins ($87MM) and White Sox ($92MM) were the two teams with payrolls below $100MM. The Rays ($103MM), Pirates ($109MM) and Athletics ($118MM) rounded out the bottom five — followed by the Guardians, Nationals, Twins, Brewers and Reds.

Overall, the league will collect just under $403MM in taxes. Teams must make the payments by January 21. The first $3.5MM will be used to fund player benefits. Half the remaining money goes to players’ retirement accounts, while the other half is used for revenue sharing distribution from MLB to teams.

Royals Acquire Matt Strahm

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The Royals and Phillies announced a one-for-one reliever swap on Friday morning. Left-hander Matt Strahm heads to Kansas City with righty Jonathan Bowlan going to Philadelphia.

It’s a reunion for Strahm and the Royals, as Kansas City drafted the lefty in the 21st round of the 2012 draft. Strahm made his big league debut for the Royals in 2016 and spent parts of two seasons with the club before being shipped to the Padres in a six-player trade alongside Travis Wood and Esteury Ruiz in order to acquire Trevor Cahill, Brandon Maurer, and Ryan Buchter. Strahm had a career 3.81 ERA and 4.12 FIP in 56 2/3 innings at the time of the trade. He’ll now return to Kansas City nearly a decade later with more than 500 MLB innings and an All-Star appearance under his belt.

Much of Strahm’s tenure with the Padres was fraught with injuries and ineffectiveness, but a solid season with Boston back in 2022 convinced the Phillies to bring him into the fold. Since arriving in Philadelphia, the lefty has emerged as one of the league’s most effective relievers. He has a 2.71 ERA in 212 2/3 innings of work over the past three years with a 2.82 FIP and a 3.01 SIERA. That’s the eighth-most innings of any pitcher with ten starts or fewer over the past three seasons, and among qualified relievers his ERA ranks 10th, his FIP ranks 15th, and his SIERA ranks 21st.

That’s an elite combination of quality and quantity that virtually any bullpen would benefit from adding, and the Royals are no exception. Strahm figures to join closer Carlos Estevez and righty Lucas Erceg at the back of the Kansas City bullpen to create the best late-inning trio the Royals have had since the 2015 club’s “three-headed monster” of Greg Holland, Wade Davis, and Kelvin Herrera. With solid arms like Nick Mears, John Schreiber, and Daniel Lynch IV set to cover the middle innings, it’s not hard to imagine the Royals entering 2025 with one of the stronger top-to-bottom bullpens in the American League thanks to this trade. Mears just came over in the same trade that netted Isaac Collins for the Royals but sent lefty Angel Zerpa to the Brewers. Sending out Zerpa cut into Kansas City’s lefty relief group but they have quickly pivoted to Strahm to restock in that department.

The loss of Strahm will surely sting for the Phillies somewhat, but the club remains fairly well set up in terms of their late-inning mix. Jhoan Duran remains one of the league’s top closers, and the recently-acquired Brad Keller was one of the top setup men in the majors last year with the Cubs. From the left side, Jose Alvarado and Tanner Banks should form a quality duo, and Alvarado in particular has offered elite production in the past. Strahm’s name has long been in trade rumors this winter, and clearing his $7.5MM salary off the books could help the Phillies in the pursuit of a reunion with catcher J.T. Realmuto or help them to afford the addition of another outfielder, who could help contribute alongside Brandon Marsh, Adolis Garcia, and top prospect Justin Crawford.

Aside from the financial incentive to make the trade, the Phillies will also receive the services of Bowlan, a 29-year-old righty who made his big league debut in 2023 but just got his first extended look in the majors last year. Bowlan pitched quite well across 44 1/3 innings for Kansas City in 2025, posting a 3.86 ERA with a 3.97 FIP in that time. He struck out 25.6% of his opponents with a 9.4% walk rate and a solid 48.7% ground ball rate.

That ability to generate both strikeouts and grounders should make Bowlan an effective, low-cost addition to a Phillies pen that has plenty of solid options in the late innings but has plenty of spots still fairly unsettled. With less than one year of service time under his belt, Bowlan can be controlled through the end of the 2031 season, affording Philadelphia the opportunity to bring in an arm that could be part of their relief mix for years to come.

Robert Murray of FanSided first reported that Strahm was being traded to Kansas City. MLB.com’s Mark Feinsand had Bowlan going the other way.

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