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Giants Sign Will Brennan To Major League Deal

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The Giants announced this morning that they’ve signed outfielder Will Brennan to a one-year, major league contract. Brennan was non-tendered by the Guardians back in November. Right-hander Rowan Wick was placed on the 60-day injured list to open up a spot on the 40-man roster for Brennan.

Brennan, 28, was sidelined throughout 2026 by surgeries on his left UCL and groin, but Justice de los Santos of Mercury News reports that Brennan is full-go entering camp with no restrictions. An eighth-round pick by Cleveland back in 2019 who made his big league debut in 2022, he’s slashed .267/.307/.373 (90 wRC+) in parts of four seasons in the majors but has just 269 games in the majors thanks to an injury-plagued start to his young career.

Looking at Brennan’s last mostly healthy season in 2024, he slashed .264/.309/.388 (98 wRC+) in 114 games for the Guardians that year. That’s roughly replacement level production, but a closer look reveals that he was actually considerably more effective when healthy. Brennan slashed .256/.314/.415 (107 wRC+) prior to a bout of rib cage inflammation that sent him to the injured list, and when he came back in July he didn’t look quite right and struggled badly with a nine-game hitless streak. After being optioned to Triple-A for a couple of weeks, he returned in early August and slashed .330/.349/.408 (117 wRC+) the rest of the way.

All of that is to say Brennan has flashed impressive potential at times but struggled to stay healthy for long enough to put it all together. That makes him a worthwhile roll of the dice for a Giants team that already has a full outfield (featuring Heliot Ramos, Harrison Bader, and Jung Hoo Lee) on paper but could certainly make room for another big bat if Brennan manages to hit his way into the lineup. His contact-oriented, low-strikeout profile is a familiar one to a club that already employs Lee and Luis Arraez, and it’s easy to look at Lee’s 2025 season (107 wRC+, 2.4 fWAR) as the sort of campaign Brennan might be hoping to put together in 2026.

Brennan has options remaining and could be sent to the minors in the event that he struggles or is otherwise squeezed off the roster, making the deal a fairly low-risk one for the Giants. For now, he’ll look to prove he’s healthy and compete for a bench job with the Giants alongside fellow outfielders Drew Gilbert, Luis Matos, and Grant McCray.

As for Wick, the righty was signed by the Giants last week to a big league deal following an impressive run in Nippon Professional Baseball with the Yokohama DeNA Bay Stars. The former Cubs reliever underwent Tommy John surgery during his time with the Bay Stars and is not expected to pitch in 2026, so his placement on the 60-day IL is hardly a shock.

Astros Sign Cavan Biggio To Minor League Deal

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The Astros have signed utility man Cavan Biggio to a minor league deal with an invite to big league Spring Training, per a team announcement.

Biggio, 31 in April, would be entering his eighth season as a big leaguer if he makes the Astros’ roster. A fifth-round pick by the Blue Jays in 2016, he turned in impressive performances for Toronto in his first two years with the club, slashing .240/.368/.430 with a wRC+ of 118 and 4.0 fWAR in 159 games between the 2019 and 2020 seasons. Entering the 2021 season, Biggio looked like a building block of the Blue Jays’ next core. He was the team’s everyday second baseman on paper, slotting in alongside fellow up-and-coming hitters Vladimir Guerrero Jr. (on the infield corners) and Bo Bichette (at shortstop).

Unfortunately, that hot start to Biggio’s career has since proved to be unsustainable. While Guerrero and Bichette both went on to find stardom with the Jays, Biggio fell into a utility role with the team. He hit just .219/.327/.351 (93 wRC+) throughout the remainder of his Jays career before being cut loose by the team in June of 2024. That left Biggio to spend the rest of the year bouncing between teams. He appeared in the majors with the Dodgers and Braves through the second half of the season before catching on with the Royals on a minor league deal last offseason. He’s hit just .184/.298/.286 (70 wRC+) with a 29.0% strikeout rate since leaving Toronto, including a lackluster 59 wRC+ in 37 games with Kansas City last year. He was designated for assignment shortly before the trade deadline and finished the 2025 campaign in the Angels’ minor league system, where he hit just .242/.375/.303 even in the inflated offensive environment of the Pacific Coast League.

Difficult as the past two seasons have been for Biggio, there’s still some reason to believe that he can rebound to be a valuable player in a part-time role. Biggio has a career 13.5% walk rate, and it’s never fallen below 10% for a single season. That offers a solid floor of on-base ability that can be difficult to find in bench players; after all, Biggio managed a .296 OBP with the Royals last year despite hitting well below the Mendoza line. He also offers impressive versatility, with lots of experience in all four corners as well as second base. That upside was clearly enough for the Astros to decide to roll the dice on Biggio as a potential bench contributor this year, bringing him into camp and offering him the opportunity to earn a spot on the roster.

Biggio’s odds of actually making the roster are hard to figure out. On the one hand, the Astros haven’t made their desire to get more left-handed a secret, and their recent trade of Jesus Sanchez to the Blue Jays removed one of their few experienced lefty bats from the lineup. On the other hand, Biggio has primarily played the infield throughout his career, and the Astros’ infield mix is already very crowded. Carlos Correa, Jeremy Pena, Jose Altuve, and Christian Walker all figure to play more or less every day around the diamond, which leaves Isaac Paredes (who is also an everyday-caliber player on merit) left to fight for at-bats as it is. Combine that surplus of infield talent with plenty of uncertainty at the infield corners, and Biggio’s best shot at making the roster could be as a part-time corner outfielder, competing with Joey Loperfido and Zach Cole in that role.

Of course, that could change in a hurry if the team’s reported trade talks involving Paredes come to fruition. If more room is created on the bench, Biggio could slot in nicely as a more offensively-oriented complemented to Nick Allen on the club’s bench. Brice Matthews and Shay Whitcomb could also compete for bench spots on the infield, in the event that Paredes (or, perhaps, Walker) finds himself traded prior to Opening Day.

Diamondbacks Sign Zac Gallen

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The Diamondbacks have re-signed Zac Gallen on a one-year deal. The Boras Corporation client technically receives a $22.025MM guarantee that matches the value of the qualifying offer which he declined in November. However, a reported $14MM will be deferred via five $2.8MM installments paid between 2031-35. That means the D-Backs will only pay a little over $8MM, one-third of the contract, this year. Gallen’s luxury tax number is $18.7MM when factoring in the deferred money. Corbin Burnes was placed on the 60-day injured list as he rehabs from Tommy John surgery in order to make room for Gallen on the 40-man roster.

Gallen is coming off a down year that clearly sapped a lot of his appeal on the open market. He entered the season as a strong candidate to command upwards of $100MM once he hit free agency. Gallen stayed healthy and took all 33 turns through the rotation, but he had the worst rate stats of his career. He turned in a personal-high 4.83 earned run average with a career-worst 21.5% strikeout rate.

The season started especially poorly, as Gallen allowed at least five earned runs per nine innings in each of the first four months. He took a 5.40 ERA into the All-Star Break and had a 5.60 mark across 127 innings at the trade deadline. The D-Backs were aggressive sellers, moving Josh Naylor, Eugenio Suárez, Merrill Kelly and Shelby Miller. They didn’t find an offer they liked on Gallen more than the draft pick they’d collect if he signed elsewhere after rejecting the qualifying offer.

Arizona reportedly was concerned about overworking young pitchers down the stretch, so they got some benefit out of holding Gallen for the innings alone. He performed better after the deadline, tossing quality starts in eight of his last 11 outings. The 30-year-old turned in a 3.32 ERA over his final 65 innings. The Diamondbacks went 7-4 in those games, part of the reason they were able to hang in the Wild Card picture until the final weekend despite the July selloff.

While it was an encouraging last couple months, it wasn’t exactly a return to peak form. Gallen only struck out 20% of opponents during that stretch. He was helped a lot by a .232 average on balls in play. Gallen had struck out between 25-29% of opponents in each of his first five-plus MLB seasons. The swing-and-miss drop wasn’t quite so extreme on a per-pitch basis, but last year’s 9.5% swinging strike rate was the second-lowest mark of his career.

There weren’t any dramatic changes to Gallen’s raw stuff. His fastball averaged 93.5 mph, right in line with his career mark. That’s essentially league average for a right-handed starting pitcher. Opponents have had increasing success against Gallen’s heater over the past couple seasons. He managed decent results on his knuckle-curve and changeup, his top two secondary offerings. He sporadically mixed a cutter, slider and sinker — all of which were hit hard.

It remains to be seen if they’ll make any changes to his arsenal going into 2026. Gallen began to scale back his four-seam fastball usage in the final few months last season, largely in favor of more changeups. In any case, the team probably feels he deserved a little better than a near-5.00 ERA would suggest. Statcast’s “expected” ERA, which is based on his strikeout/walk profile and the batted balls he allows, landed at 4.28. His 4.24 SIERA was in a similar range. A positive regression toward those metrics would make him a league average starter.

This is an ideal outcome for the Diamondbacks. They were willing to pay an upfront $22.025MM salary to retain Gallen in November. His decision to decline the QO may very well have opened the payroll room to bring Kelly back on a two-year, $40MM free agent deal. Team personnel maintained throughout the offseason that they’d like to retain Gallen if they could make it work financially.

Owner Ken Kendrick raved about Gallen as far back as September. “He’s a special young man who spent nearly seven years as a D-Back. He definitely had an up-and-down season — performed better in the later part of the year, certainly, than earlier in the year. … He’s loved being a Diamondback,” Kendrick said at the time. “I don’t want to say it’s out of the touch of reality that we’d work out an arrangement to bring him back. He’s been a great D-Back. Last I recall, he was the guy who pitched seven or eight innings of no-hit ball in a World Series game for the Arizona Diamondbacks. … He’s the guy you want to root for.”

Just this week, manager Torey Lovullo said the clubhouse would “would welcome him with open arms, certainly” if they could get a deal done. Now that it has come to pass, he’ll slot alongside Kelly, Ryne Nelson, Eduardo Rodriguez and Brandon Pfaadt in the projected rotation. That could push free agent pickup Michael Soroka into a long relief role unless they decide to run a six-man rotation. They’re without a true ace until Corbin Burnes makes it back from Tommy John surgery; he’s aiming for some time around the All-Star Break. There’s far more stability than they had at the beginning of the winter, allowing them to take their time in deciding when to bring up prospects like Mitch Bratt and Kohl Drake, both of whom they acquired from Texas in the Kelly trade.

Penciling in a $22.025MM salary for Gallen would bring Arizona’s payroll projection to roughly $194MM, as calculated by RosterResource. That’d technically be right in line with last year’s $195MM season-opening mark, which Kendrick said at the beginning of the winter that the team wouldn’t match. However, they’re reportedly only on the hook for around $8MM in salary payments this year, so the D-Backs didn’t need to dramatically stretch the budget after waiting out the offseason.

The Diamondbacks don’t forfeit any of their existing draft choices to re-sign their own qualified free agent. Any other team would have punted at least one draft choice and potentially international signing bonus pool space to sign him. They are indirectly losing a pick by forfeiting the right to compensation.

That selection would have come after the first round in 2026 if Gallen had signed elsewhere for at least $50MM. That seemed a distinct possibility early in the offseason but almost certainly wasn’t happening in the middle of February. It’s more likely that they’re passing on a compensation pick that would have landed 73rd or 74th overall, which they receive if he’d walked for less than $50MM. That’s not a huge cost compared to bringing back a potential mid-rotation starter on a favorable deal.

Although the team must be happy with the outcome, it’s undoubtedly not what Gallen envisioned for his first trip to free agency. Jon Heyman of The New York Post suggests he declined multi-year offers from other teams because he preferred to remain with the Diamondbacks. That doesn’t mean that the market didn’t materialize as hoped. MLBTR predicted a four-year, $80MM deal at the beginning of the offseason. It seems clear in retrospect that teams weren’t willing to go to those lengths given Gallen’s disappointing platform year.

Even if staying in Arizona was his first choice all along, he’s coming out quite a bit worse than if he’d accepted the qualifying offer. He’ll receive the same amount of money in the long run, but the true value of the deferred money is worth less than if he’d collected it all in 2026, as evidenced by the lower luxury tax number. That probably doesn’t mean much for the team — they would’ve been more than $20MM away from the CBT threshold in either case — but illustrates that there’s a significant gap between the QO and this contract.

Gallen did at least agree to terms within a couple days of camps opening. He’ll report to the team by the beginning of full squad workouts and should have plenty of time to be ready for Opening Day. One can imagine he didn’t want to wait until close to the regular season, as former teammate Jordan Montgomery did in 2024. Montgomery was very critical of how Boras had managed negotiations and switched agencies within two weeks of signing with the D-Backs. The lefty pitched poorly in ’24, then underwent Tommy John surgery last spring. He signed a $1.25MM deal with Texas this week and wound up making $48.75MM over three seasons from 2024-26.

There’s certainly a world where things work out well for Gallen in the long run. He’ll return to the open market at age 31 without being weighed down by draft compensation. A player can only receive the qualifying offer once in his career. A four- or five-year deal could be on the table if he rebounds to the form he showed in 2022-24: a 3.20 ERA and 26% strikeout rate over 93 starts. Blake Snell, Cody Bellinger, Pete Alonso and Matt Chapman are all Boras clients who found disappointing markets in one offseason and went on to much more lucrative contracts after bounce back performances.

Time will tell if Gallen can follow the same path. His immediate focus will be on trying to get Arizona to a playoff berth in an annually difficult NL West. Gallen was the last unsigned qualified free agent and arguably the last potential impact player available. Lucas Giolito, Max Scherzer, Zack Littell and Griffin Canning headline a dwindling free agent class.

Steve Gilbert of MLB.com first reported the D-Backs were nearing a deal with Gallen. Nick Piecoro of The Arizona Republic reported it was a one-year contract. Ken Rosenthal of The Athletic reported it was a $22.025MM guarantee with roughly $14MM in deferrals. John Gambadoro of Arizona Sports added details on the deferral payouts. Rosenthal reported Gallen’s luxury tax number.

Image courtesy of Rick Scuteri, Imagn Images.

Rangers Sign Mark Canha To Minor League Deal

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The Rangers announced this morning that they’ve signed first baseman/outfielder Mark Canha to a minor league deal with an invite to big league Spring Training.

It’s something of a birthday present for Canha, who turns 37 today. The veteran had a rough season in Kansas City last year, slashing just .212/.272/.265 in 46 games with the Royals. He suffered an adductor strain and an elbow injury that sent him to the injured list for two separate stints, and after a trade deadline that saw Kansas City add Mike Yastrzemski, Adam Frazier, and Randal Grichuk to the roster the team had little room to squeeze him back onto the roster when he was healthy enough to return. That left him to be released in mid-August of last year, and he did not catch on with a new club before the end of the year.

Coming off such a difficult 2025 campaign, it’s hardly a shock that Canha had to settle for a minor league deal. Whether last year’s lackluster performance was simply an injury-marred blip for the veteran or a larger signal of age-related decline remains to be seen, but the Rangers are interested enough in finding out to at least bring Canha into camp and see what he has left. That could prove to be a savvy move for the Rangers, given Canha’s long history of success in the majors. The veteran has posted a wRC+ of 101 or better in every season of his career where he’s taken at least 200 plate appearances. From 2018 to 2024, Canha slashed .253/.361/.415 with a wRC+ of 120, a 19.7% strikeout rate and an 11.0% walk rate. While he’s hit 20 homers just once in his career (during the juiced ball era back in 2019), he’s consistently posted high on-base percentages thanks to elite plate discipline.

Canha need not play up to his career numbers in order to be a contributor for the Rangers this year, of course. If he can simply deliver a slash line similar to that which he posted for the Tigers and Giants in 2024, when he hit .242/.344/.346 (101 wRC+), that would be enough to make him a worthy addition to the Rangers’ roster. The team relied heavily on Jake Burger at first base in 2026. He brings considerable power potential but posted a wRC+ of just 89 last season. At DH, Joc Pederson returns for his age-34 campaign after a disastrous 2026 where he hit just .181/.285/.328 with a wRC+ of 76. Even at his best, Pederson carries a substantial platoon split. That could make someone like Canha, who had a 123 wRC+ against lefties in 2024, a useful contributor even if both Pederson and Burger return to form this year.

As good of a fit as Canha would be if he finds his swing again, he’ll have competition for a bench job in Texas. Ezequiel Duran, Cody Freeman, Sam Haggerty, and Michael Helman all offer more positional versatility than Canha can at this point, as he’s entirely restricted to first base, DH, and the corner outfield spots. Justin Foscue is a right-handed hitter already on the 40-man who can handle second base in addition to first, and fellow non-roster invitees like Nick Pratto and Jonah Bride could also be in the mix for a spot with a strong performance in Spring Training.

Padres, Nick Castellanos Agree To Contract

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The Padres and outfielder Nick Castellanos have agreed to a Major League deal, according to Jon Heyman of the New York Post (multiple links).  Castellanos will earn $780K on the contract, which is the MLB minimum salary for the 2026 season.  The Padres have an open spot on their 40-man roster, so no corresponding move will be required once the deal is finalized by Castellanos passing a physical.  Castellanos is represented by Mato Sports Management.

After signing Miguel Andujar to a one-year, $4MM guarantee a few days ago, San Diego has now added another veteran right-handed bat to its list of DH or bench candidates.  Castellanos will also be in the first base mix, as per The Athletic’s Dennis Lin, which is noteworthy since Castellanos has never played the position during his pro career.  Given how Castellanos has struggled badly in the field as a third baseman and corner outfielder over his career, a move to first base is seemingly long overdue, though Castellanos has been blocked at the position throughout pretty much the entirety of his 13-year MLB tenure.

The left-handed hitting Gavin Sheets is lined up as the Padres’ top choice at first base, so Castellanos makes sense as a platoon partner.  Ramon Laureano figures to get most of the time in left field, so Andujar will be used primarily as a DH, providing competition for Castellanos at another spot.  Castellanos’ old position of right field is filled by Fernando Tatis Jr., so Castellanos probably won’t be getting much or any time in right unless Tatis is hurt or is getting a DH day.

Given the Padres’ stated need for hitting depth, they were seen as a potential candidate to acquire Castellanos during the Phillies’ winter-long attempts to find a trade partner, and Lin reports that the two teams did indeed have some trade talks before Castellanos was released two days ago.  It would seem like the Padres (and other teams) were willing to just wait the Phillies out on a Castellanos release rather than give up anything in value, as the Phils didn’t exactly have much leverage given how open the front office has been for months about their desire to move on from Castellanos.

The Padres’ $780K commitment will be subtracted from the $20MM owed to Castellanos in 2026, leaving the Phillies on the hook for $19.22MM in the final season of the five-year, $100MM deal the slugger signed during the 2021-22 offseason.  That nine-figure investment translated to 0.8 fWAR and a perfectly average 100 wRC+ over four seasons and 2477 plate appearances, with Castellanos hitting .260/.306/.426 and 82 home runs in a Philadelphia uniform.

This so-so offense was paired with very subpar right field defense, as Castellanos was locked into an outfield position due to Kyle Schwarber’s presence at DH, and Rhys Hoskins and Bryce Harper acting as the starting first basemen.  Castellanos’ lack of production on the field led to some tension off the field, as detailed by The Athletic’s Matt Gelb two days ago.  Castellanos bristled at suggestions that he should alter his swing or be removed from games for defensive purposes, and he clashed with manager Rob Thomson and hitting coach Kevin Long.

The low point came last June 16, when Castellanos was removed for a late-game sub and Castellanos had to be prevented by teammates from drinking a beer in the dugout as a public protest of Thomson’s decision.  Castellanos addressed this incident and apologized in a post on his Instagram page, but he’ll surely face plenty of questions about his controversial Phillies stint when he arrives at the Padres’ spring camp.

It remains to be seen if Castellanos can play first base at a passable level, or if he’ll be able to adjust to more of a part-time role after taking such pride in being an everyday regular throughout his career.  The simple fact is that Castellanos has no choice but to adjust, as he is now entering his age-34 season and is looking to revive his career following his disappointing run in Philadelphia.

A bounce-back performance would go a long way towards reviving Castellanos’ value for future contracts following the 2026 campaign.  He’ll get that chance on another NL contender in San Diego, and there is some irony in the fact Castellanos is joining a Padres team that has seen more than its share of clubhouse tumult over the last few years.  A revolving door in the manager’s office has contributed to the Padres’ issues behind the scenes, and new hire Craig Stammen will be San Diego’s fourth different skipper since Opening Day 2020.

Brewers Sign Gary Sánchez

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Feb. 14: Milwaukee has officially announced the Sánchez deal. The Brewers had room on the 40-man roster, so no corresponding move was needed.

Feb. 11: The Brewers have agreed to terms on a deal with veteran catcher Gary Sánchez, reports Jon Heyman of the New York Post. The MDR Sports client will be guaranteed $1.75MM on the deal.

Sánchez, 33, spent the 2025 season with the Orioles organization but was limited to just 30 games and 101 plate appearances due to wrist inflammation and, more seriously, a sprain of the posterior cruciate ligament in his right knee. He was reasonably productive when healthy, popping five homers and turning in a .231/.297/.418 batting line (100 wRC+).

This will be Sánchez’s second stint with the Brewers in the past three seasons. He spent the 2024 campaign in Milwaukee as well, hitting .220/.307/.392 with 11 homers in 280 plate appearances. He served as a backup to William Contreras and a part-time (40 games) designated hitter that season and figures to reprise that role in 2026.

A former top prospect and an All-Star earlier with the Yankees early in his career, Sánchez has settled into a backup/part-time role in recent seasons. He appeared in 128 games and totaled 471 plate appearances with the Twins in 2022 after being traded from the Bronx to Minnesota, but he’s taken only 648 plate appearances combined in the three subsequent seasons (albeit, in part due to last year’s injuries).

Sánchez developed a reputation as a defensive liability earlier in his career but progressed to the point that he turned in solid defensive marks behind the dish in both 2022 and 2023. He was closer to average in ’24 and slipped back below average in 2025, per both Defensive Runs Saved and Statcast, though that was obviously a small sample (175 innings). He’ll return to a Milwaukee club where he’s familiar with some members of the staff (e.g. Brandon Woodruff, Abner Uribe, Trevor Megill, Aaron Ashby, Jared Koenig), but the Brewers’ staff has turned over a fair bit even in the roughly 18 months since Sánchez’s initial departure.

The Brewers recently signed veteran catcher Reese McGuire to a minor league deal and invited him to spring training. He’d been in line to serve as the backup to Contreras but now seems likely to be ticketed for Triple-A Nashville — if he doesn’t have an out clause in his contract that allows him to explore other opportunities late in camp.

The addition of those two veterans gives the Brewers the ability to be more patient with top prospect Jeferson Quero, who is widely regarded as the heir to Contreras behind the plate but still has just 59 games and 251 plate appearances of Triple-A ball under his belt. He could push his way into the mix with a big enough season in Nashville, and it’s feasible that he’ll be ready for a full-time look in 2027, when Contreras will be entering his final season of club control (and likely be an offseason trade candidate, as is often the case with top Brewers players who are a year from reaching free agency).

Nationals, Cionel Perez Agree To Minor-League Deal

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The Nationals have agreed to a minor-league deal with left-hander Cionel Perez, according to Francys Romero of Beisbol FR. Perez earns an invite to major-league Spring Training. He will earn $1.9MM if he makes the roster, with $700k in incentives, per Jon Heyman of the New York Post. Perez is represented by Octagon.

Perez is an eight-year big-league veteran. After stints with the Astros and Reds from 2018-21, he was claimed off waivers by the Orioles in November 2021 and subsequently earned a larger role. His first season in Baltimore was his best. Perez posted a shiny 1.40 ERA in 57 2/3 innings across 66 appearances in 2022. His expected stats weren’t quite as high on him, though his 3.63 xERA and 2.80 FIP still painted the picture of an above-average reliever. Perez excelled that year by keeping the ball in the park and getting plenty of groundballs. His 51.3% groundball rate was tied for 33rd among 152 qualified relievers that year. His 0.31 HR/9 rate was 11th-best.

Perez’s 2023-24 numbers were more serviceable than great. His strikeout and walk numbers both trended in the wrong direction from 2022, leaving him with a 7.2% K-BB rate. He still excelled at inducing grounders, with a 58.3% groundball rate across those two seasons (including a career-best 60.7% mark in 2023). Altogether, he posted a 4.04 ERA in 107 innings from 2023-24.

Batters teed off on Perez in 2025. In 19 appearances in the season’s first two months, he posted an ERA of 8.31 with an elevated 16.4% walk rate, his highest since 2021 with the Reds. More surprisingly, after allowing just four home runs in total from 2022-24, Perez allowed three in only 21 2/3 innings in 2025. A .379 BABIP and 3.93 xERA suggest he was the victim of bad luck, but his 5.77 FIP implied he was doing poorly independently of his defense. By the end of May, the Orioles had seen enough. Perez was designated off the 40-man roster and spent the rest of the year at Triple-A, pitching to a 6.85 ERA in 22 1/3 innings.

Despite the disappointing end to his Orioles tenure, a look at Perez’s Statcast page gives some reason for optimism. His fastball velocity, expected batting average, barrel rate, and groundball rate all would have ranked in the 71st percentile or better had he pitched enough to qualify. As recently as 2024, Perez’s slurve and sinker were above average pitches by run value. Opponents slugged just .282 and .314 against those pitches, respectively.

For the rebuilding Nats, there is no risk in bringing Perez into the fold of what is otherwise a young, inexperienced bullpen. Julian Fernandez and waiver claim Richard Lovelady are the only projected members with even two years of service time, per RosterResource. At the least, Perez is an experienced lefty with a high groundball rate who could turn into a trade candidate by the deadline if he rebuilds his value. Assuming he makes the roster, his $1.9MM salary would bring the Nationals’ payroll to $95.38MM and their luxury tax payroll to $118.18MM.

Photo by Daniel Cusin Jr., Imagn Images

Orioles Acquire Jackson Kowar

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The Orioles have acquired right-hander Jackson Kowar from the Twins in exchange for cash considerations, according to Roch Kubatko of MASN. The team placed fellow right-hander Colin Selby on the 60-day injured list with right shoulder inflammation in a corresponding move. Both teams have announced the move.

Kowar was designated for assignment by the Twins on Thursday. Prior to that, he had only recently been claimed off waivers from the Mariners. Kowar spent most of 2025 shuttling back and forth from Triple-A, though he did make 15 appearances (17 innings) at the big-league level. He had a 4.24 ERA in that sample, along with a 21.1% strikeout rate and a 9.9% walk rate. Kowar’s expected stats were more pessimistic, with his 5.15 xERA and 5.84 FIP suggesting he benefited from good luck.

Since his debut in 2021, Kowar has thrown 91 innings over 54 appearances (eight starts) between the Royals and Mariners. Unfortunately, he owns an unsightly 8.21 ERA in that time, with his expected numbers putting him in the upper-5.00s. His 20.3% strikeout rate is serviceable, but the righty has struggled with control to the tune of a 13.1% career walk rate. He also struggles to keep the ball in the yard, having allowed 19 home runs throughout his career (1.88 HR/9). Injuries certainly haven’t helped his performance. In March 2024, he suffered a torn ulnar collateral ligament and underwent Tommy John surgery while with the Mariners. Though he returned in May 2025, he missed the last month and a half of the season with a right shoulder impingement.

Kowar makes for an interesting low-cost flier for the Orioles’ bullpen mix. Statcast graded his fastball velocity in the 90th percentile and valued the pitch at two runs above average in 2025. Unsurprisingly, Kowar leaned on the pitch 57.7% of the time. The key for him will be improving his location and avoiding hard contact, as hitters slugged .476 against the pitch in 2025. His mid-80s slider was his second most-used pitch could be a plus pitch going forward. While it had a -1 run value this year, Kowar struck out 39.1% of hitters on that pitch. He has less than three years of service time and is out of options, so the club would need to pass him through waivers if he doesn’t make the roster.

Recent reports indicated that Selby was dealing with shoulder inflammation. He’ll now open the season on the injured list and will stay there until at least late May. Selby was acquired from the Royals in a July 2024 cash trade. He has thrown 18 big-league innings for Baltimore since then, 14 of them coming in 2025. In that small sample, he impressed with a 3.21 ERA and a microscopic 3.3% walk rate (which was admittedly an outlier from his career numbers). Selby’s sinker, slider, and knuckle curve all graded slightly above average in terms of run value. He has less than a year of service time and is also out of options, so he’ll need to perform well upon his return or else risk being placed on outright waivers.

Photo courtesy of Dennis Lee, Imagn Images

Padres, Germán Márquez Agree To One-Year Contract

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The Padres and right-hander Germán Márquez are in agreement on a one-year deal, according to Alden González of ESPN. The precise guarantee is not yet known, although there is a mutual option for 2027, per Ken Rosenthal of the Athletic. The team has a full 40-man roster and will need to make a corresponding move to open space for the L.A. Sports Management client.

The team was known to be looking for low-cost rotation pieces and a complementary bat, per comments from president of baseball operations A.J. Preller a few days ago. They achieved the latter by bringing in Nick Castellanos on a one-year deal upon his release from the Phillies. Now, they’ve addressed the rotation side through one-year-deals for Márquez and fellow right-hander Griffin Canning. Canning is coming off an Achilles injury and projects as a back-end starter once he is healthy enough to return. Márquez figures to serve as back-of-the-rotation depth as well.

The 30-year-old (31 later this month) is coming off a ten-year major-league run with the Rockies. After a brief debut in 2016, he settled in as one of the team’s most reliable starters from 2017-21. In that span, he totaled 793 2/3 innings over 135 starts and posted a 4.25 ERA, a 24.0% strikeout rate, and a 6.9% walk rate. Márquez excelled through a combination of control and strong groundball tendencies. He was worth 15.5 fWAR in those five years and continually posted groundball rates in the mid-40s and low-50s, including a career-high 51.6% in 180 innings in 2021.

His performance began to wane from 2022 onward. He still made 31 starts in 2022, but his strikeout rate fell below 20% for the first time since his 20 2/3-inning sample in 2016. His run prevention slipped as well, with Márquez posting a below-average 4.95 ERA and elevated peripheral stats. He then underwent Tommy John surgery in May 2023, costing him the rest of that year and the first few months of 2024. His return in July 2024 only lasted one start, and he spent the rest of the season on the injured list with elbow inflammation, although his UCL was reportedly fine.

In 2025, Márquez pitched 126 1/3 innings over 26 starts but was clearly working with diminished stuff. His four-seamer was down to 94.8 MPH after averaging 95.6 MPH in his most recent healthy season in 2022. His sinker, which used over 20% of the time, also slipped from 95.1 MPH to 94.3 MPH. Statcast graded his fastballs in just the first percentile by run value, while his knuckle curve, formerly his best pitch, also earned career-worst grades. The strikeouts dried up even further, with Márquez’s 14.0% strikeout rate ranking third-worst among starters with at least 100 innings. The Rockies decided to move on as Márquez reached free agency.

Perhaps a change of scenery will help Márquez recover some of his strikeout and groundball tendencies as he moves further from injury. He’ll get that chance with the Padres, who now have a decent amount of rotation depth. The team saw Dylan Cease depart for the Blue Jays but re-signed Michael King on a three-year deal in December. Yu Darvish will miss 2026 while recovering from an internal brace procedure, and he is reportedly contemplating retirement. Joe Musgrove is returning from Tommy John surgery and will be guaranteed a spot if healthy. That leaves King, Nick Pivetta, and Musgrove in the top three spots, with some combination of Márquez, Canning (when healthy), Randy Vásquez, and JP Sears taking the last two spots.

Each of King, Musgrove, Márquez and Canning comes with injury risk, though the Padres always seemed likelier to stockpile depth than bring a big-name starter at this stage in the offseason. Zac Gallen was the last impact starter in free agency before re-signing with the Diamondbacks. Either way, his $18.7MM luxury tax number might have been too much given the team’s reported payroll constraints. Low-cost signings like Canning and Márquez seem easier to accommodate, barring a potential buyout agreement for Darvish.

Financial terms have not been disclosed yet for Canning or Márquez. RosterResource has the team at a $264.7MM luxury tax payroll for 2026, putting them in the second tier of penalization. The Padres paid the luxury tax in 2025 and would count as second-time payors in 2026. Thus, any money guaranteed to Canning and Márquez would come with an additional 42% surcharge.

Photo courtesy of Isaiah J. Downing, Imagn Images

Dodgers, Max Muncy Agree To Extension

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TODAY: Muncy’s extension includes escalators based on plate appearances, as outlined by FanSided’s Robert Murray.  He can earn up to $2.25MM in bonus money in 2026, as once he makes his 401st trip to the plate this season, Muncy will earn $15K for every PA up to his 550th plate appearance.  His $7MM salary for 2027 can be boosted by an additional $3.75MM, since Muncy will earn $20K for each of his 401st through 500th plate appearance of the 2026 season, and $35K for each PA from 501-550.  This same $3.75MM bonus structure also applies to the 2028 club option, based on his plate appearances in 2027.

FEBRUARY 12: The Dodgers announced Thursday that they’ve agreed to a one-year contract extension with third baseman Max Muncy. He’s now guaranteed an additional $10MM in the form of a $7MM salary in 2027 and a $3MM buyout on a $10MM club option for the 2028 campaign. Muncy is repped by Hub Sports Management.

As can be seen in a quick look at MLBTR’s Contract Tracker, this is the fourth extension of the past six years between the two parties. Muncy signed a three-year. $26MM contract covering his arbitration years back in 2020 and gave up control over his first free-agent season via a club option in that process. In Aug. 2022, he agreed to a new deal that saw his 2023 club option picked up in advance, with the Dodgers tacking on another year of control via a club option for the 2024 season. Following the 2023 campaign, the Dodgers renegotiated a two-year, $24MM deal with a $10MM club option for the 2026 season, which the club exercised back in November.

The new deal now covers Muncy’s age-36 season (2027) and gives the Dodgers a net $7MM decision on his age-37 campaign. With this contract, he’s effectively locked into spending an entire decade with L.A., as he made his Dodgers debut in 2018 after being cut loose by the A’s and signing a minor league deal.

Muncy will go down as one of the best minor league pickups in recent memory. He immediately broke out in Los Angeles, slashing .263/.391/.582 with 35 home runs in his debut Dodger campaign. He’s been a well above-average offensive performer in each of his eight seasons with L.A. so far, save for the 2020 campaign when his .192/.331/.398 slash checked in a bit shy of average overall (98 wRC+).

Injuries have hobbled Muncy in recent seasons, but he’s remained a threat in the batter’s box whenever healthy. He was limited to 100 games last season thanks to a bone bruise in his knee and an oblique strain, but Muncy still delivered a .243/.376/.470 slash with 19 home runs and a massive (career-high) 16.5% walk rate in the 388 plate appearances he was able to take. He’s averaged just 111 games per season over the past four years and regularly hits for a low average, but his impeccable patience and well above-average power continue to make him a productive player.

Muncy will reach 10 years of major league service on the 145th day of the 2026 season. At that point, he’ll gain 10-and-5 rights (10 years of service, the past five with the same team), granting him full veto rights over any potential trade scenario. Today’s extension all but locks him into third base at Dodger Stadium for the next two seasons. Muncy hasn’t been an option at second base in years now, and across the infield Freddie Freeman is signed through the 2027 season. Shohei Ohtani, of course, will continue to take the team’s at-bats at designated hitter.

Muncy’s glovework has always drawn mixed reviews, and that’s been no different in recent seasons. Defensive Runs Saved has pegged him as an above-average third baseman in each of the past two seasons, while Statcast felt he was average in 2024 and a fair bit below average in 2025. The Dodgers, clearly, are comfortable with any defensive concessions they’ll need to make to keep Muncy’s perpetually excellent on-base percentage and plus power in the lineup — at least against right-handed pitching.

While Muncy crushed fellow lefties early in his career, his numbers in left-on-left matchups have gone south recently. He still held his own against southpaws in 2024 but was well below average in 2023 and again in 2025, when he hit just .157/.250/.314 in 80 plate appearances. Platoon options at third base for the Dodgers include veteran Miguel Rojas and switch-hitting top infield prospect Alex Freeland.

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