Headlines

  • Warren Schaeffer To Return As Rockies’ Manager In 2026
  • Rangers Trade Marcus Semien To Mets For Brandon Nimmo
  • Tigers Among Teams Interested In Ryan Helsley As Starting Pitcher
  • Rangers Non-Tender Adolis Garcia, Jonah Heim
  • KBO’s Kiwoom Heroes Post Infielder Sung-mun Song
  • Latest On Kyle Tucker’s Market
  • Previous
  • Next
Register
Login
  • Hoops Rumors
  • Pro Football Rumors
  • Pro Hockey Rumors

MLB Trade Rumors

Remove Ads
  • Home
  • Teams
    • AL East
      • Baltimore Orioles
      • Boston Red Sox
      • New York Yankees
      • Tampa Bay Rays
      • Toronto Blue Jays
    • AL Central
      • Chicago White Sox
      • Cleveland Guardians
      • Detroit Tigers
      • Kansas City Royals
      • Minnesota Twins
    • AL West
      • Athletics
      • Houston Astros
      • Los Angeles Angels
      • Seattle Mariners
      • Texas Rangers
    • NL East
      • Atlanta Braves
      • Miami Marlins
      • New York Mets
      • Philadelphia Phillies
      • Washington Nationals
    • NL Central
      • Chicago Cubs
      • Cincinnati Reds
      • Milwaukee Brewers
      • Pittsburgh Pirates
      • St. Louis Cardinals
    • NL West
      • Arizona Diamondbacks
      • Colorado Rockies
      • Los Angeles Dodgers
      • San Diego Padres
      • San Francisco Giants
  • About
    • MLB Trade Rumors
    • Tim Dierkes
    • Writing team
    • Advertise
    • Archives
  • Contact
  • Tools
    • 2025-26 Top 50 MLB Free Agents With Predictions
    • 2025-26 MLB Free Agent List
    • 2026-27 MLB Free Agent List
    • Projected Arbitration Salaries For 2026
    • Contract Tracker
    • Transaction Tracker
    • Agency Database
  • NBA/NFL/NHL
    • Hoops Rumors
    • Pro Football Rumors
    • Pro Hockey Rumors
  • App
  • Chats
Go To Pro Hockey Rumors
Go To Hoops Rumors

2025-26 MLB Free Agents

Five Non-Tendered Hitters To Keep An Eye On This Winter

By Nick Deeds | November 23, 2025 at 2:33pm CDT

Every year, MLB’s non-tender deadline sees clubs allow some of their players who remain under team control to test the open market early, whether it be due to an increasing price tag in arbitration or a need for additional space on the club’s 40-man roster. Previous seasons have seen a number of high-profile players wind up non-tendered, with Kyle Schwarber, Cody Bellinger, and Brandon Woodruff all having been non-tendered at one point or another in their careers only to this year appear on MLBTR’s Top 50 Free Agents list.

While players of that caliber who reach free agency by way of a non-tender are extremely rare, plenty of others find themselves cut loose early by their clubs only to make an impact elsewhere down the line. That could be as a regular in the lineup or rotation or simply as a solid contributor off the bench or out of the bullpen. Let’s take a look at five hitters who hit free agency following last week’s non-tender deadline and could be worth keeping an eye on throughout the coming offseason. Players are listed in alphabetical order, with their age for the 2026 season in parentheses.

JJ Bleday (28)

Bleday has quite the pedigree behind him, as he was drafted fourth overall by the Marlins back in 2019. A consensus top-50 prospect in the game prior to his MLB debut in 2022, Bleday struggled for the Marlins and A’s across his first two seasons in the majors before enjoying what looked to be a breakout 2024 campaign. That year, he slashed .243/.327/.437 (120 wRC+), cut his strikeout rate to just 19.5% while maintaining a solid 10.4% walk rate, and showed enough pop in his bat to hit 20 homers and a whopping 43 doubles. He was a below average but not disastrous defender in center field, and that in combination with his strong offensive production allowed him to put together a 3.2 fWAR season.

Unfortunately, Bleday’s star fell back to Earth this year with a tough season where his strikeout rate ticked back up to 26.5% while his power dissipated, leaving him with a .212/.294/.404 slash line and a wRC+ of just 90. Things got bleak enough that the A’s actually optioned Bleday to the minors multiple times this season. Perhaps a change of scenery can help Bleday recapture the form he flashed in 2024, and it’s not hard to imagine an outfield-needy team like the Royals or Guardians scooping him up. One sign of optimism regarding Bleday is his performance over the season’s final two months, as he slashed .252/.306/.495 (115 wRC+) with six homers and seven doubles in 111 plate appearances after being recalled to the majors on August 2nd.

Nathaniel Lowe (30)

By far the most established hitter on this list, Lowe has a Gold Glove, a Silver Slugger award, and a World Series ring on his mantle for his work with the Rangers from 2021-24. Over that four-year stretch, he slashed a strong .274/.359/.432 with 78 home runs and a 124 wRC+. That’s the performance of a quality regular and left him good for around three WAR per season at first base. Lowe was shipped from Texas to D.C. last offseason, however, and his time with the Nationals left much to be desired.

He hit just .216/.292/.373 across 119 games before he was cut loose from the organization, and while his time with the Red Sox saw him rebound to a .280/.370/.420 slash line closer to what he’s posted in the past, that 34-game stint in Boston only brought his season-long wRC+ back up to 91. While Lowe is hardly likely to get the sort of attention pieces like Pete Alonso or even Luis Arraez will garner this winter, he’d still be an upgrade to a club in need of help at first base like the Padres, Diamondbacks, or Twins.

Christopher Morel (27)

The youngest player on this list by more than a year, Morel arguably has the highest upside of any player on this list but significant flaws that could hold him back from getting a starting job somewhere. The youngster’s big league career started with a bang in 2022, and over his first two seasons with the Cubs Morel slashed .241/.311/.471 with 42 homers in 220 games and a wRC+ of 115. While he struck out at a massive 31.6% clip and was a below-average fielder everywhere he played on the diamond, his impressive power and ability to take walks were enough to make him a well above average hitter.

The past two years have been brutal for the slugger, however, as his production has largely dissipated. Morel’s first half with the Cubs in 2024 was unusual, as his numbers dipped (91 wRC+) despite most of his peripherals trending in the right direction, including a strikeout rate that dropped to 24.5% while his walk rate climbed to 11.1% with 18 home runs. While the usual above-average production wasn’t quite there, the Rays were interested enough to make him a centerpiece of the return for Isaac Paredes at the trade deadline. Unfortunately, Morel’s production completely collapsed during his time with the Rays as he hit just .208/.277/.355 (79 wRC+) in 495 plate appearances over the past two years. While it wouldn’t be a surprise to see a team try to unlock the upside Morel flashed with the Cubs early in his career given his youth and three years of remaining team control, his lack of defensive ability could make him a tough fit for many teams.

Mike Tauchman (35)

Tauchman is the oldest player on the list, and returns after also being listed in last year’s edition of this post. Non-tendered by the Cubs last winter, Tauchman stayed in Chicago by way of a deal with the White Sox and generally made good on his contract with the South Siders, hitting .263/.356/.400 (115 wRC+) across 385 plate appearances. Tauchman may not still be the capable center field defender he was earlier in his career, but teams would be hard pressed to find a player who can more reliably provide on-base ability.

That’s especially true at his expected price tag, which could draw in suitors with tight budgets this winter. Among the 229 players to record at least 1000 plate appearances since the start of the 2023 season, Tauchman’s .359 OBP ranks 21st, sandwiched between Rafael Devers and Kyle Schwarber. His production naturally falls well short of those star players thanks to a lack of power, as he’s not hit even ten homers in a season since 2019. Even so, he’d be a valuable addition to a team like the Royals, Astros, or Rays in either a bench or platoon role.

Ramon Urias (32)

Urias stands out among this group as being the most valuable defender of the bunch. Bleday and Tauchman are both restricted to the outfield and profile poorly in center, while Lowe is a first base-only defender. Morel has experience at valuable positions like center field and third base, but has graded out terribly at them by defensive metrics and profiles best as a DH. Urias, by contrast, is a Gold Glove winner at third base who has substantial experience at both second base and shortstop as well. His +5 Outs Above Average around the infield this year ranked in the 88th percentile among all fielders.

Typically, Urias pairs that strong glove with a decent bat that makes him a solid second-division regular or high-quality part-time player. In parts of six seasons in the majors, Urias is a career .257/.321/.403 (104 wRC+) hitter who had consistently been at or above league average until this season. This year, however, Urias hit just .241/.292/.384 (87 wRC+). That performance is in part dragged down by a rough stint in Houston after being dealt to the Astros at the trade deadline, but even his mark with Baltimore was below league-average. Questionable as Urias’s numbers were this year, his overall track record and ability to provide solid infield defense should make him an attractive addition for a team, particularly given a thin infield market with few everyday options. The Yankees, Brewers, Mariners, and Tigers are among the many teams Urias could make at least some sense for.

Share Repost Send via email

2025-26 MLB Free Agents MLBTR Originals Christopher Morel J.J. Bleday Mike Tauchman Nathaniel Lowe Ramon Urias

28 comments

CPBL’s Wei Chuan Dragons To Post Jo Hsi Hsu

By Nick Deeds | November 23, 2025 at 9:42am CDT

The Wei Chuan Dragons of Taiwan’s Chinese Professional Baseball League are posting right-hander Jo Hsi Hsu for MLB clubs, as noted by CPBL Stats. Hsu is considering a jump to either MLB or Nippon Professional Baseball in Japan this offseason. Hsu himself told reporters that he’s already visited Japan and had dinner with NPB legend Sadaharu Oh, who now serves as the chief baseball officer for the SoftBank Hawks. According to Taiwanese outlet TSNA, Hsu has also garnered stateside interest from the Dodgers.

CPBL players can be posted for international free agency with the permission of their club after they’ve reached three years of service time. Hsu, 25, is in the midst of that process now and will market himself coming off a 2025 season where he pitched to a sterling 2.05 ERA with a 28.0% strikeout rate across 19 starts and 114 innings of work. That workload is fairly standard for the 119-game CPBL season, but it leaves questions about how well he’d be able to handle the rigors of a 162-game schedule as a starter in the big leagues.

Eric Longenhagen and James Fegan of Fangraphs took a look at Hsu’s profile last month and suggested that it’s “probable” most MLB clubs will view him as a reliever as he was unable to maintain his top velocity throughout even that 19-start campaign in the CPBL this year. Longehagen and Fegan both suggest that Hsu has the talent to be a late-inning set-up man in the majors, and a player headed into his age-25 season who could immediately slot into the back of any bullpen would surely be an attractive piece for teams to consider. With that being said, Longenhagen and Fegan both suggest that Hsu might prefer to first go to Japan to attempt to hone his skills as a starter before making the jump to MLB.

That’s a path that could be attractive for financial reasons. Hsu is young enough that even if he spent two or three years in Japan, he’d be able to come to MLB much younger than the average free agent pitcher. That could set him up for a more lucrative payday, particularly because then all posting fees owed to his the Dragons would be attached to his NPB contract. That would leave MLB teams able to offer Hsu the full amount they believe him to be worth rather than sending a portion of that money overseas to the Dragons. The CPBL posting fee is 20% of the first $25MM a player earns in their MLB contract, 17.5% of the next $25MM, and 15% of any dollars above $50MM. For minor league contracts, the posting fee is equivalent to 25% of the player’s signing bonus.

Beneficial as a stop in NPB might be financially, Hsu certainly wouldn’t be the first player to eschew a larger immediate payday for the opportunity to pitch in the majors sooner. Roki Sasaki opted to be posted last winter, when he wasn’t yet old enough to sign more than a minor league contract, and Shohei Ohtani famously did the same when he first came over to the United States. If Hsu does come stateside, it seems as though the Dodgers have at least some interest in his services. L.A. is hardly a club that’s been shy about making a splash in international markets, and while those efforts have been primarily focused on NPB (Yoshinobu Yamamoto, Sasaki) and KBO (Hyeseong Kim) players in recent offseasons, it wouldn’t be a shock to see them expand their horizons to Taiwan.

It seems silly to call anything about a back-to-back World Series champion disappointing, but the Dodgers made a big investment in the back of their bullpen by picking up Tanner Scott and Kirby Yates last winter that ultimately did not pan out. Adding an arm like Hsu to the fold alongside Scott could give L.A. some additional firepower in the bullpen to help make up for the loss of Evan Phillips, who underwent Tommy John surgery in June and was non-tendered this past week.

Of course, the Dodgers are hardly the only team who could have interest in Hsu’s services. International relief signings have typically come in at a fairly affordable price tag that could make him an interesting target for virtually any club searching for bullpen help this winter. Woo-Suk Go (two years, $4.5MM), Yuki Matsui (five years, $28MM), and Shintaro Fujinami (one year, $3.5MM) are all players who signed from the international market as relievers in recent years, and none came with the typical price tag associated with late-inning relievers already established in MLB.

Share Repost Send via email

2025-26 MLB Free Agents Chinese Professional Baseball League Los Angeles Dodgers Nippon Professional Baseball Jo Hsi Hsu

22 comments

Players Entering Minor League Free Agency

By Mark Polishuk | November 8, 2025 at 9:49am CDT

Major League free agents became eligible to sign with other teams on Thursday, but the minor league free agent market has technically been open since season’s end.  MLBTR has published several posts detailing players who had already elected to become minor free agents, but Baseball America’s Matt Eddy (multiple links) has the full account of all the minor league free agents that officially joined their big league counterparts on the open market on Thursday.

This list details only players who have played in the Major Leagues, and whose minor league free agency hasn’t already been covered on MLBTR in the last month.

Athletics: Aaron Brooks, Carlos Duran, CD Pelham, Bryan Lavastida, Nick Martini, Alejo Lopez

Braves: Ian Anderson, Davis Daniel, Enoli Paredes, Amos Willingham, Brian Moran, Jonathan Ornelas, Chandler Seagle, Matthew Batten, Conner Capel

Orioles: Jakson Reetz, Livan Soto, Thaddeus Ward

Red Sox: John Brebbia, Isaiah Campbell, Mark Kolozsvary, Chadwick Tromp, Seby Zavala, Trayce Thompson

Cubs: Yency Almonte, Zach Pop, Caleb Kilian, Austin Gomber, Forrest Wall, Billy Hamilton, Joe Ross, Tommy Romero, Antonio Santos, Tom Cosgrove, Dixon Machado, Nicky Lopez, Carlos Perez

White Sox: Elvis Peguero, Kyle Tyler, Vinny Capra, Chris Rodriguez, Caleb Freeman, Joe Perez, Owen White, Andre Lipcius

Reds: Tejay Antone, Alan Busenitz, Buck Farmer, Josh Staumont, P.J. Higgins, Eric Yang, Levi Jordan, Edwin Rios, Davis Wendzel, Evan Kravetz, Adam Plutko, Charlie Barnes, Alex Young

Guardians: Riley Pint, Tyler Naquin, Parker Mushinski

Rockies: Xzavion Curry, Sean Bouchard, Owen Miller, Karl Kauffmann,

Tigers: Kevin Newman, Brian Serven, Jordan Balazovic, Nick Margevicius, Blair Calvo

Astros: Jon Singleton, Joe Hudson, Kenedy Corona, Greg Jones, Matt Bowman, Luis Contreras, Tyler Ivey, John Rooney

Royals: John Gant, Spencer Turnbull, Bobby Dalbec, Diego Castillo, Geoff Hartlieb, Jordan Groshans, Nick Pratto, Isan Diaz, Stephen Nogosek, Nick Robertson, Joey Krehbiel, Noah Murdock, Ryan Hendrix

Angels: Shaun Anderson, Brandon Drury, Yolmer Sanchez, Ben Gamel, Evan White, Cavan Biggio, Logan Davidson, Travis Blankenhorn, Oscar Colas, Kelvin Caceres, Dakota Hudson, Chad Stevens, Angel Felipe, Jordan Holloway, Victor Gonzalez

Dodgers: Michael Grove, Luken Baker, Giovanny Gallegos, Kyle Funkhouser, Chris Okey, CJ Alexander, Zach Penrod

Marlins: Jack Winkler, Lane Ramsey

Brewers: Luis Urias, Oliver Dunn, Julian Merryweather, Daz Cameron, Drew Avans, Josh Maciejewski, Jared Oliva

Twins: Jose Miranda, Anthony Misiewicz, Jonah Bride, Thomas Hatch, Daniel Duarte, Connor Gillispie

Mets: Joey Meneses, Jose Azocar, Joe La Sorsa, Gilberto Celestino, Ty Adcock, Bryce Montes de Oca, Yacksel Rios, Oliver Ortega, Luis De Los Santos

Yankees: Kenta Maeda, Jeimer Candelario, Rob Brantly, Andrew Velazquez, Jose Rojas, Joel Kuhnel, Wilking Rodriguez

Phillies: Matt Manning, Adonis Medina, Lucas Sims, Jacob Waguespack, Phil Bickford, Rodolfo Castro, Oscar Mercado, Brewer Hicklen, Christian Arroyo, Payton Henry

Pirates: Brett Sullivan, Nick Solak, Nelson Velazquez, Beau Burrows, Ryder Ryan

Cardinals: Zach Plesac, Anthony Veneziano, Tyler Matzek, Zack Weiss, Drew Rom, Aaron Wilkerson

Padres: Eguy Rosario, Tim Locastro, Reiss Knehr, Nate Mondou

Giants: Sean Hjelle, Miguel Diaz, Max Stassi, Sam Huff, Cole Waites, Drew Ellis, Ethan Small

Mariners: Michael Fulmer, Casey Lawrence, Collin Snider, Jesse Hahn, Nick Anderson, Josh Fleming, Austin Shenton, Jacob Nottingham, Beau Taylor, Cade Marlowe, Jack Lopez, Michael Mariot, Hagen Danner

Rays: Cooper Hummel, Jonathan Hernandez, Jamie Westbrook, Tres Barrera

Rangers: Omar Narvaez, Cal Quantrill, Ty Blach, Alan Trejo, Joe Barlow, Cory Abbott, Michael Plassmeyer, Alex De Goti

Blue Jays: Eloy Jimenez, Buddy Kennedy, Joe Mantiply, Elieser Hernandez, Rene Pinto, Adam Kloffenstein

Nationals: Francisco Mejia, Juan Yepez, Joan Adon, CJ Stubbs, Parker Dunshee, Erick Mejia, Adrian Sampson, Delino DeShields

Share Repost Send via email

2025-26 MLB Free Agents Transactions Aaron Brooks Aaron Wilkerson Adam Kloffenstein Adam Plutko Adonis Medina Adrian Sampson Alan Busenitz Alan Trejo Alejo Lopez Alex De Goti Alex Young Amos Willingham Andre Lipcius Andrew Velazquez Angel Felipe Anthony Misiewicz Anthony Veneziano Antonio Santos Austin Gomber Austin Shenton Beau Burrows Beau Taylor Ben Gamel Billy Hamilton Blair Calvo Bobby Dalbec Brandon Drury Brett Sullivan Brewer Hicklen Brian Moran Brian Serven Bryan Lavastida Bryce Montes de Oca Buck Farmer Buddy Kennedy CD Pelham CJ Alexander CJ Stubbs Cade Marlowe Cal Quantrill Caleb Freeman Caleb Kilian Carlos Duran Carlos Perez Casey Lawrence Cavan Biggio Chad Stevens Chadwick Tromp Chandler Seagle Charlie Barnes Chris Okey Chris Rodriguez Christian Arroyo Cole Waites Collin Snider Conner Capel Connor Gillispie Cooper Hummel Cory Abbott Dakota Hudson Daniel Duarte Davis Daniel Davis Wendzel Daz Cameron Delino DeShields Diego Castillo (b. 1997) Dixon Machado Drew Avans Drew Ellis Drew Rom Edwin Rios Eguy Rosario Elieser Hernandez Eloy Jimenez Elvis Peguero Enoli Paredes Eric Yang Erick Mejia Ethan Small Evan Kravetz Evan White Forrest Wall Francisco Mejia Geoff Hartlieb Gilberto Celestino Giovanny Gallegos Greg Jones Hagen Danner Ian Anderson Isaiah Campbell Isan Diaz Jack Lopez Jack Winkler Jacob Nottingham Jacob Waguespack Jakson Reetz Jamie Westbrook Jared Oliva Jeimer Candelario Jesse Hahn Joan Adon Joe Barlow Joe Hudson Joe La Sorsa Joe Mantiply Joe Perez Joe Ross Joel Kuhnel Joey Krehbiel Joey Meneses John Brebbia John Gant John Rooney Jonah Bride Jonathan Hernandez Jonathan Ornelas Jordan Balazovic Jordan Groshans Jordan Holloway Jose Azocar Jose Miranda Jose Rojas Josh Fleming Josh Maciejewski Josh Staumont Juan Yepez Julian Merryweather Karl Kauffmann Kelvin Caceres Kenedy Corona Kenta Maeda Kevin Newman Kyle Funkhouser Kyle Tyler Lane Ramsey Levi Jordan Livan Soto Logan Davidson Lucas Sims Luis Contreras Luis De Los Santos Luis Urias Luken Baker Mark Kolozsvary Matt Bowman Matt Manning Matthew Batten Max Stassi Michael Fulmer Michael Grove Michael Mariot Michael Plassmeyer Miguel Diaz Nate Mondou Nelson Velazquez Nick Anderson Nick Margevicius Nick Martini Nick Pratto Nick Robertson Nick Solak Nicky Lopez Noah Murdock Oliver Dunn Oliver Ortega Omar Narvaez Oscar Colas Oscar Mercado Owen Miller Owen White P.J. Higgins Parker Dunshee Parker Mushinski Payton Henry Phil Bickford Red Sox Reiss Knehr Rene Pinto Riley Pint Rob Brantly Rodolfo Castro Ryan Hendrix Ryder Ryan Sam Huff Sean Bouchard Sean Hjelle Seby Zavala Shaun Anderson Spencer Turnbull Stephen Nogosek Tejay Antone Thomas Hatch Tim Locastro Tom Cosgrove Tommy Romero Travis Blankenhorn Trayce Thompson Tres Barrera Ty Adcock Ty Blach Tyler Ivey Tyler Matzek Tyler Naquin Victor Gonzalez Vinny Capra Wilking Rodriguez Xzavion Curry Yacksel Rios Yency Almonte Yolmer Sanchez Zach Penrod Zach Plesac Zach Pop Zack Weiss

26 comments

Kona Takahashi To Be Posted This Offseason

By Nick Deeds | November 5, 2025 at 8:05am CDT

Nippon Professional Baseball’s Seibu Lions announced overnight that they will post Kona Takahashi for MLB clubs this offseason. The news isn’t necessarily shocking, as it was reported back in August that the Lions were likely to post Takahashi this winter.

Takahashi, 29 in February, pitched to a solid 3.04 ERA in 24 starts for the Lions this past season. He struck out only 14.3% of his opponents in 148 innings of work, however, and his 2024 season was limited to just 15 starts at the highest level of NPB play when he posted a 3.87 ERA in 81 1/3 innings of work last year and saw his velocity dip below his previous career norms. Takahashi’s numbers in his platform season aren’t too dissimilar from those of southpaw Shinnosuke Ogasawara last season, who posted a 3.12 ERA in 24 starts with a 13.6% strikeout rate in his final NPB season before he landed a two-year, $3.5MM guarantee with the Nationals this past offseason.

Ogasawara spent much of his season at the Triple-A level and struggled when he did pitch in the majors, with a 6.98 ERA in 38 2/3 innings of work. While Ogasawara hasn’t worked out in the majors at this point, that doesn’t necessarily mean Takahashi will follow in his footsteps. After all, Takahashi did enjoy back-to-back dominant seasons with the Lions in 2022 and ’23. Those years, he posted a combined ERA of 2.20 while striking batters out at a higher clip, though even those elevated numbers capped out at 19.2% in 2023.

It’s not unheard of for NPB players to see their strikeout rate tick upward when they reach the majors, which is less contact-oriented than NPB. Yoshinobu Yamamoto, for example, struck out 26.6% of his opponents in his final NPB season and has a career 29.1% strikeout rate in the majors to this point. With that being said, there were just 11 qualified starters in the majors this year who punched out less than 20% of their opponents. Among them, only Michael Wacha and Zack Littell mustered an ERA below 4.00.

That reality casts Takahashi as more of a back-end starter or swing man at the big league level, and while it’s possible there’s an organization that thinks they can help him take a step forward it seems likely he’ll be relegated to a relatively small multi-year deal or perhaps even a non-guaranteed deal. Even with that likely deflated price tag, the process by which he’ll come to the majors is the same as it is for any other NPB pitcher who hasn’t yet reached free agency. Once he’s been officially posted for MLB clubs, which likely won’t happen until later this month or early December, he’ll have 45 days to reach a deal in the majors.

If a deal isn’t reached, he’ll remain in Japan and won’t be eligible to be posted again until next offseason. If Takahashi does work out a deal, the acquiring club will have to pay a posting fee to the Lions depending on the size of Takahashi’s contract. For contracts worth $25MM or less, that translates to a fee worth 20% of the total guarantee. A minor league contract, meanwhile, would see the Lions recoup 25% of the value of Takahashi’s signing bonus and an additional fee if Takahashi were to be added to his new club’s MLB roster.

Share Repost Send via email

2025-26 MLB Free Agents Nippon Professional Baseball Kona Takahashi

24 comments

Previewing The 2025-26 Free Agent Class: Left-Handed Relief

By Steve Adams | October 27, 2025 at 9:58pm CDT

All but two teams have already turned their attention toward the offseason. Identifying free agent targets is a big part of that prep work, so it’s worth taking a look at the players who’ll be available at each position.

The 2025-26 class of left-handed relievers is thin on high-leverage arms but has plenty of solid, serviceable veterans — plus a few wild cards who could pursue a big league return after pitching overseas. Ages listed are for the 2026 season.

Previous entries in this series: catcher, first base, second base, third base, shortstop, center field, corner outfield, designated hitter, starting pitching, right-handed relief

Veteran Setup Arms

Jalen Beeks (32)

Beeks took a minor league deal with the Astros last offseason but opted out late in spring and signed a major league contract with the D-backs. It panned out well. He pitched 57 1/3 innings, logged 14 holds and a save, and fanned 20.3% of his opponents against an 8.7% walk rate — all en route to a 3.77 ERA. Beeks sits 94.4 mph with his four-seamer, posted an above-average swinging-strike rate in 2025, and has pitched primarily in medium to high-leverage spots over the past four years. He won’t break the bank but should get a modest one-year deal.

Danny Coulombe (36)

Coulombe, who just turned 36 yesterday, was terrific in 31 innings with the Twins (1.16 ERA, 25.4 K%, 7.4 BB%) but struggled in 12 innings after being traded to the Rangers (5.25 ERA, 22.2 K%, 16.7 BB%). An IL trip due to shoulder fatigue didn’t help his time with the Rangers, and Coulombe also had a three-week IL stint due to a forearm strain with Minnesota in May. Coulombe’s average four-seamer and sinker barely crack 90 mph, but he has a 2.60 ERA with strong strikeout and walk rates in 173 1/3 innings dating back to 2020. He made $3MM this year, and another affordable one-year deal seems likely.

Caleb Ferguson (29)

Ferguson’s one-year, $3MM deal proved to be a sound investment for the frugal Pirates, who flipped him to the Mariners at the deadline after a solid four-month run. Ferguson was effective with both clubs, pitching to a combined 3.58 ERA. His 18.9% strikeout rate was below average, but Ferguson’s 8.1% walk rate was solid and no reliever in baseball limits hard contact as well as he does. His 27.7% opponents’ hard-hit rate was the best in baseball, and he sat in the 99th percentile in average exit velocity and barrel rate. Ferguson doesn’t have plus command or generate whiffs at a plus rate, but he’s young, durable and relatively consistent. He could be a candidate for a multi-year deal with a low average annual value.

Hoby Milner (35)

Milner topped 64 innings for a fourth straight season, tossing 70 1/3 innings with a 3.84 ERA for the Rangers. He’s a soft-tossing lefty with a below-average strikeout rate, good command and a plus ground-ball rate. He’s worked a lot of middle relief in the past, but the Rangers used him as one of their go-to setup options for much of the ’25 season and he logged a career-high 18 holds (topping his previous best of 17 with the ’23 Brewers). Milner signed a one-year, $2.5MM deal with Texas last winter and should land in that general vicinity again.

Drew Pomeranz (37)

Welcome back, Drew Pomeranz. The 36-year-old lefty signed a minor league deal with the Mariners and was flipped to the Cubs for cash in April. With Chicago, he made his first big league appearance since 2021 — but it was far more than a quick cameo. The former No. 5 overall draft pick dominated with a 2.17 ERA, 28.1% strikeout rate and 7.4% walk rate in 49 2/3 frames. Pomeranz was one of Craig Counsell’s most trusted relief arms in the playoffs. He’ll be 37 in November, so he’s not likely to snag a multi-year deal, but a big league contract should be waiting for Pomeranz this winter.

Taylor Rogers (35)

Though his All-Star days are behind him, Rogers has been a solid middle reliever for three years running. His teams haven’t used him regularly in high-leverage spots, but he has a 3.16 ERA, 26.4% strikeout rate and 10.2% walk rate since 2023. Rogers’ 92.7 mph average sinker is down a full three miles from its 2021 peak, but his results and track record should get him a big league contract.

Gregory Soto (31)

Soto might have the most earning power among this winter’s crop of lefties due to both his age and his power repertoire. He’s one of the game’s hardest-throwing lefties but doesn’t generate the whiffs one would expect despite that fact. Soto is serviceable every year but has never broken through despite plus velo and a plus swinging-strike rate. Soto has had command troubles in the past but has posted nice walk rates in two of the past three seasons. A two-year deal at market value setup money seems possible.

Caleb Thielbar (39)

Thielbar’s first season with any team other than his hometown Twins was a success. He pitched 58 innings of 2.64 ERA ball for the Cubs and tied Brad Keller for the team lead with 25 holds. Thielbar’s 2024 season was ugly, but he’s posted an ERA of 3.49 or better every other year since 2020. He has average velocity, good command and an above-average strikeout rate, but he’ll be 39 in January, so a one-year deal is the strong likelihood.

Justin Wilson (38)

Wilson missed nearly all of 2022-23 due to Tommy John surgery, struggled with the Reds in 2024, and bounced all the way back in Boston this year. The Red Sox got him on a one-year, $2.25MM deal last winter, and Wilson responded with 48 1/3 innings, a 3.35 earned run average, a 27.5% strikeout rate, a 9.7% walk rate and 18 holds. He should get another one-year deal this winter, probably with nice little bump in salary.

Swingmen/Multi-Inning Arms

Sean Newcomb (33)

“Sean Newcomb, multi-year deal candidate” probably wasn’t on too many bingo cards back in March, but the 2025 season was excellent for the former top prospect and starter-turned-reliever. Newcomb tossed 92 1/3 innings with a 2.73 ERA for the Red Sox and A’s. He started five games and frequently worked multiple innings — sometimes as a bulk reliever after an opener. The 2014 first-rounder punched out 23.3% of his opponents versus a 7.9% walk rate — both slightly better than average. Newcomb has easily earned himself a major league deal, and a modest two-year deal seems plausible.

Ryan Yarbrough (34)

Yarbrough’s 2025 season was par for the course by his standards: eight starts, 11 relief outings, a mid-4.00s ERA, below-average strikeout rate and solid command. That’s what Yarbrough brings to the table most years, and while it’s not a skill set that’s going to get him paid all that highly, it keeps him on big league rosters as a sixth starter/long man in the bullpen on a yearly basis. Yarbrough averages 87-88 mph but induces heaps of weak contact.

Possible NPB Returnees

Foster Griffin (30)

Griffin is a former first-round pick of the Royals who made seven MLB appearances between 2020-22. He has spent the past three seasons in Japan, combining for a 2.57 ERA across 315 2/3 innings. Griffin missed time this past season with what MLBTR has learned was a bone bruise in his lower half. He’s expected to have a normal offseason and intends to pursue an MLB return. Griffin didn’t have overpowering stuff during his initial run in affiliated ball, but he’s coming off a 1.62 ERA while striking out a quarter of opponents. He could command a big league deal to compete for a back-of-the-rotation spot.

Anthony Kay (31)

A former first-round pick, Kay has spent the past two seasons with the Yokohama DeNA BayStars in Japan’s Nippon Professional Baseball. He’s worked out of their rotation, logging a 3.42 ERA in ’24 and a 1.74 mark in ’25. Kay isn’t missing bats at a particularly high level (20.8 K%), but he had good command and a nice ground-ball rate overseas. Big league scouts have been watching him, and while he might get the chance to start somewhere, other clubs will probably be interested in bringing him aboard in a swingman capacity. Either way, he’s at least a candidate for a major league deal.

Options/Opt-Outs

  • Jose Alvarado (31) – $9MM club option with a $500K buyout

An 80-game PED suspension cast a cloud over Alvarado’s 2025 season, but the hard-throwing southpaw has been one of the Phillies’ best relievers for several years. Dating back to 2022, Alvarado touts a 3.25 ERA and has fanned 31.7% of his opponents while averaging 98.7 mph on his sinker and 93.1 mph on his cutter. He’d easily top that net $8.5MM in free agency, so the Phils should pick this up.

  • Tim Hill (36) – $3MM club option with a $350K buyout

Hill, 36 in February, is a ground-ball specialist who misses almost no bats but rarely walks opponents. He’s logged a 2.68 ERA and kept about two-thirds of the batted balls against him on the ground in 111 innings since joining the Yankees in 2024. This feels like a nice value for the Yankees, even with their luxury tax status.

  • A.J. Minter (32) – $11MM player option

Minter underwent lat surgery back in May after pitching only 11 innings. The recovery timetable for him is still a bit murky, but he seems likely to pick up that $11MM option, return to the Mets and aim for better health next year.

  • Wandy Peralta (34) – $4.45MM player option (contract also contains $4.45MM player option for 2027)

Peralta posted a 3.14 ERA in a career-high 71 2/3 innings with a career-best 59.7% ground-ball rate in 2025. His 20.1% strikeout rate and 9.6% walk rate were worse than average. Peralta still averages better than 95 mph on his sinker, but he’ll be 35 in July and was used largely in low-leverage spots. It’s likelier than not that he picks up his player option.

  • Brooks Raley (38) – $4.75MM club option with a $750K buyout

Raley returned from Tommy John surgery to toss 25 2/3 innings with a 2.45 ERA, a 25.3% strikeout rate and a 6.1% walk rate. His sinker’s average velocity had dipped to 88-89 mph in 2023-24, but he was back up to 90.7 mph this year, right in line with his 2021-22 levels in Houston and Tampa Bay. This option is likely to be picked up.

  • Brent Suter (36) – $3MM club option with a $250K buyout

Suter posted a career-high 4.52 ERA in 67 2/3 innings this season, snapping a streak of six straight years with a sub-4.00 earned run average. He’s a soft tosser who specializes in weak contact over missing bats. This will probably get bought out, but Suter is a Cincinnati native who’s clearly enjoyed pitching for his hometown club, so perhaps he’d be amenable to returning on a smaller pact.

Depth Arms

  • Scott Alexander (36)
  • Tyler Alexander (31)
  • Ryan Borucki (32)
  • Genesis Cabrera (29)
  • Andrew Chafin (36)
  • Tim Mayza (34)
  • T.J. McFarland (37)
  • Cionel Perez (30)
  • Colin Poche (32)
Share Repost Send via email

2025-26 MLB Free Agents MLBTR Originals

22 comments

Previewing The 2025-26 Free Agent Class: Starting Pitcher

By Anthony Franco | October 24, 2025 at 11:00pm CDT

MLBTR continues its position-by-position look at the upcoming free agent class. We’ve gone through each offensive position and now turn to the starting rotation. For this exercise, we’re focused on pitchers who spent most of this past season working as a starter. Some relievers (e.g. Luke Weaver, Steven Matz, Sean Newcomb) could also receive rotation interest. They’ll be covered in the respective reliever previews. Player ages, listed in parentheses, are for the 2026 season.

Previous entries in this series: catcher, first base, second base, third base, shortstop, center field, corner outfield, designated hitter, right-handed relief

Top Group

  • Dylan Cease (30)

Cease may be the biggest wild card of the free agent class. He entered the season as the presumptive top pitcher. A repeat of his fourth-place Cy Young season from 2024 would’ve positioned him for a $225-250MM contract. He instead had an uneven platform season, finishing with a 4.55 earned run average across 168 innings. His past four seasons have alternated between top five Cy Young finishes (2022, ’24) and years with an ERA closer to 5.00 than to 4.00 (2023, ’25).

The positives are obvious. Cease has not missed a start in four years. He’s eighth in MLB in innings going back to the start of 2022. He has top-of-the-rotation stuff headlined by a fastball that sits above 97 MPH. It’s the seventh-highest average fastball speed among starters. This year’s 29.8% strikeout rate was right in line with the swing-and-miss numbers he posted during his ace-caliber seasons. Among pitchers with 100+ innings, only Tarik Skubal had a higher swinging strike rate.

All that said, Cease’s camp is going to have an uphill battle pushing for a $200MM+ contract for a pitcher coming off a second mediocre ERA in three years. The Phillies re-signed Aaron Nola for seven years and $172MM coming off a 4.46 ERA a few years back, but Nola was a more reliable source of innings. Cease has been durable but is generally inefficient and only averaged 5.25 innings per start this year. He didn’t work beyond six frames after June 21.

The Padres will issue Cease a qualifying offer, which he’s a lock to decline. If a $200MM offer doesn’t materialize, it’d make sense for him to look for a two- or three-year guarantee that allows him to opt out and give free agency another go next winter. It’s tough to see him splitting the difference and accepting a four- or five-year deal without opt-outs that pays him like a #3/4 starter.

  • Tatsuya Imai (28)*

Imai, who is likely to be posted by NPB’s Seibu Lions, is the best foreign pitcher in this year’s class. He might command the top contract of any pitcher. The 5’11” hurler won’t turn 28 until May, making him the youngest free agent pitcher of note. He has posted ace-caliber numbers in consecutive seasons. Imai turned in a 2.34 ERA last year and posted a 1.92 mark across 163 2/3 innings this past season. He ranked second in NPB with 178 strikeouts and led the league (minimum 100 innings) with a 27.8% strikeout rate.

ESPN’s Jeff Passan wrote in September that contract estimates from people with whom he spoke ranged from $80MM to over $200MM. Imai isn’t the slam dunk ace that Yoshinobu Yamamoto was when he commanded $325MM from the Dodgers. He’s younger and throws a lot harder than Shota Imanaga did when he signed a four-year, $53MM guarantee.

Teams are going to have different evaluations on his stuff and some clubs might feel there’s a risk that his command projects him to relief. Imai has improved his control each season and is coming off a solid 7% walk rate, but he’d issued free passes to more than 9% of opponents in every year before this one. Whatever team wins the bidding will be one that views Imai as a slam dunk starter, though, and he’s likely to be paid as a #3 arm who is in the prime of his career.

  • Ranger Suárez (30)

Suárez has been a steady #2/3 starter for the Phillies over the past four seasons. He’s coming off arguably the best year of his career. He turned in a 3.20 ERA over a personal-high 157 1/3 innings. Suárez fanned a solid 23.2% of opponents against an excellent 5.8% walk rate. He reliably gets weak contact and has gotten ground-balls at a 51% clip since the start of 2022.

The lefty doesn’t have the kind of power stuff that tends to get paid highly. He hasn’t reached a league average swinging strike rate in any of the last four years. His sinker has averaged between 90-91 MPH in each of the past two seasons. The multi-year track record should support a nine-figure deal spanning five or six years. Suárez will reject a qualifying offer and be attached to draft compensation.

  • Framber Valdez (32)

Valdez is now the top domestic free agent starter in the class. The southpaw is coming off his sixth consecutive sub-4.00 ERA season. He hasn’t gone on the injured list in four seasons. Valdez has slightly above-average strikeout stuff, but his standout skill is an elite ground-ball rate. He sits in the 95-96 MPH range with his heater, so he’s hardly a soft-tossing grounder specialist. There are clear parallels to Max Fried, who commanded an eight-year and $218MM deal last winter.

Valdez isn’t going to get that long of a contract. There hasn’t been a six-year deal for a 32-year-old free agent starting pitcher in a decade. Valdez would have had a better case to snap that precedent had he finished the season well. He ended with a 6.05 ERA over his final 10 starts. Valdez was also at the center of controversy when he didn’t appear to show much concern after a cross-up that led him to drill catcher César Salazar in the chest. The Astros downplayed that publicly, but he could face some questions about the situation from interested teams.

That’s unlikely to stop him from commanding a five-year contract that pays between $25-30MM annually. He’ll cost a team a draft choice after he declines a qualifying offer. Extension talks with the Astros never gained traction and he’s expected to sign elsewhere.

Second Tier

  • Shane Bieber (31)

Bieber is technically weighing a $16MM player option versus a $4MM buyout. It’s an obvious decision for him to opt out. The former Cy Young winner signed a two-year deal to return to Cleveland when he was halfway through rehab from April 2024 Tommy John surgery. The recovery went mostly as expected. He had a brief setback in June when he was scratched from a rehab start with elbow soreness. That prevented him from returning to an MLB mound before the trade deadline, but he was back on a rehab assignment by July.

The Blue Jays were encouraged enough by his form to give up a legitimate pitching prospect, Khal Stephen, to acquire him. It paid off, as Bieber turned in a 3.57 ERA over seven regular season starts. He averaged nearly six innings per start while striking out 23.3% of opponents against an excellent 4.4% walk rate. He has taken the ball three times in the postseason, allowing seven runs (six earned) over 12 1/3 frames. His 15:3 strikeout-to-walk ratio is excellent, but he has given up a home run in each of his past two starts. He’ll make at least one and potentially two starts during the World Series.

Bieber is unlikely to return to the Cy Young heights he reached in 2020, but he looks like a high-end #3 arm. While the ill-timed surgery has prevented him from racking up many innings over the past two seasons, some teams will probably view that at as a standalone injury which is now behind him. He will hit free agency without draft compensation. The midseason trade rendered him ineligible for a qualifying offer.

  • Zac Gallen (30)

Gallen had an up-and-down season that concluded with a 4.83 earned run average over 192 innings. His 21.5% strikeout rate was the lowest of his career, and he struggled with the home run ball for the first time in four seasons. It’s not an encouraging walk year, but he’s only 30 years old and is a few months removed from having a case for a $150MM contract. While he’s not going to get there now, he should be able to land a two-year deal with an opt-out if no team is willing to pay nine figures. The Diamondbacks are expected to make him a qualifying offer.

  • Lucas Giolito (30)

Giolito lost the 2024 season to internal brace surgery. He began this year on the injured list after suffering a Spring Training hamstring strain. He posted an ERA near 5.00 in May before settling in as a productive mid-rotation arm over the next few months. Giolito turned in a 3.03 earned run average across 20 starts and 113 innings from June onward.

A sub-20% strikeout rate raised some doubts about the sustainability of that kind of run prevention. Still, he looked like a reliable third starter who would do well on the open market once he crossed the 140-inning threshold to convert a $14MM team option into a $19MM mutual provision. Luis Severino had a similar profile and commanded three years and $67MM with an opt-out after declining a qualifying offer last winter. While that contract was an overpay to get a free agent starter to pitch at Sutter Health Park, a three-year deal in the mid-$50MM range is still preferable to accepting a QO.

Then came another injury. Giolito suffered flexor irritation and a bone issue in his throwing elbow at the end of the regular season. He did not make the Wild Card roster and would not have been available even if the Red Sox had made a deep postseason run. Giolito told Chris Cotillo of MassLive that there’s no ligament damage and the issue should heal with rest. He’s a borderline QO candidate.

  • Michael King (31)

King will decline his end of a $15MM mutual option with the Padres. He’ll be paid a $3.75MM buyout and become a free agent. A few months ago, he looked like he’d find a nine-figure deal. That’s tougher to envision after injuries interrupted what had been an excellent start to his walk year.

The righty began his season with a 2.59 ERA while striking out 28% of opponents through his first 10 starts. He went on the injured list at the end of May with what the team initially viewed as a minor shoulder injury. That turned out to be far more of a hindrance than expected. It turned out to be a nerve issue that cost him three months. He came back in mid-August, started one game, then went back on the injured list with left knee inflammation. King returned a few weeks later and made four starts in September but was nowhere near as effective as he’d been early in the year. He didn’t make it beyond five innings in any of those appearances and gave up 10 runs in 15 2/3 innings.

King was healthy enough for the Padres to carry him on their playoff roster. The team clearly didn’t trust him, though, as they turned to a diminished Yu Darvish to start a must-win Game 3 of their Wild Card Series while keeping King in the bullpen. Darvish gave up two runs in one inning to take the loss. King tossed a scoreless inning of relief, striking out three of four batters in his only playoff action. It now remains to be seen if teams are willing to chance a four- or five-year contract on a pitcher who looked like a high-end #2 starter a few months ago. A two-year deal with an opt-out isn’t out of the question.

  • Brandon Woodruff (33)

On talent alone, Woodruff belongs in the first tier. Teams that are only concerned with chasing short-term upside could have him alongside Valdez as the two best pitchers in the class. Woodruff isn’t going to command the same long-term contract because of his age and durability questions.

Woodruff finished the season on the injured list with a lat strain. He’d missed all of 2024 and the first half of this past season rehabbing from a shoulder surgery. In between, he was one of the best pitchers on the planet. He turned in a 3.20 ERA with a 32% strikeout rate across 12 starts. His 93 MPH average fastball is down nearly three ticks from his pre-surgery level, which is an obvious concern, but that didn’t prevent him from dominating before the lat strain. Teams are always on the hunt for playoff-caliber starters and Woodruff has that kind of ceiling.

The two-time All-Star will decline his end of a $20MM mutual option with Milwaukee. The Brewers should make him a qualifying offer, which he’s expected to reject. His camp could take aim at the three-year, $75MM contract which Nathan Eovaldi received last winter. Teams might have enough pause about the shoulder to keep him at two years, but he should pull at least $20MM per season.

Read more

Effective Late-Career Arms

  • Chris Bassitt (37)

Bassitt has been a steady, durable mid-rotation arm for the past six seasons. That includes a 3.89 ERA in 100 appearances over his three-year deal with the Blue Jays. He allowed just under four earned runs per nine across 170 1/3 innings during the regular season. Bassitt missed the Division Series with lower back tightness but returned for the ALCS roster. He tossed 2 2/3 perfect frames with three strikeouts in a setup capacity. He’ll be limited to a two-year deal at age 37 but could secure more than $15MM annually. The Blue Jays cannot make him a qualifying offer, as he received one from the Mets after the 2022 season.

  • Merrill Kelly (37)

Kelly is probably in a similar contractual range as Bassitt, though he could command a few million dollars more on an annual basis. He’s a rock solid #3 starter coming off a 3.52 ERA over 32 starts between the Diamondbacks and Rangers. Kelly posted solid strikeout (22.4%) and walk (6.4%) rates despite sitting around 92 MPH with his fastball. He has rebounded brilliantly from 2020 thoracic outlet surgery. A shoulder strain cost him a few months last season, but he stayed healthy this year and has reached 30+ starts in three of the past four seasons. The midseason trade renders him ineligible for the qualifying offer.

  • Max Scherzer (41)

Scherzer’s one-year, $15.5MM free agent deal with the Blue Jays has had mixed results. A recurring nerve injury in his right thumb sent him to the injured list after one start. Scherzer was out until late June. He returned to post a 5.19 ERA over 17 starts. The strikeout and walk profile remains solid, but he gave up more than two home runs per nine innings. Scherzer was a healthy scratch in the ALDS but returned to the roster for the Championship Series. He went 5 2/3 innings of two-run ball in a Game 4 start to pick up the win and even the ALCS at two games apiece. One could argue that start alone justified the signing even if Scherzer’s regular season was surely frustrating for the future Hall of Famer and the Blue Jays alike. He’ll get another one-year deal but might land in the $10-12MM range this time.

  • Justin Verlander (43)

Verlander signed a one-year, $15MM with the Giants last winter. He was coming off a 5.48 ERA over 17 starts that had gotten him left off Houston’s playoff roster. Verlander’s tenure in San Francisco started slowly, as he posted a 4.70 ERA through the All-Star Break. He turned in a 2.99 mark with a 21.5% strikeout rate in the second half. His fastball still lands around 94 MPH on average as he enters his age-43 season. Verlander isn’t going to win another Cy Young, but he’s a capable mid-rotation performer whose wealth of experience is surely welcome for younger pitching staffs. He’ll sign another one-year deal that could approach $20MM.

Contractual Options

  • Jack Flaherty (30)

Flaherty is weighing a $20MM player option on his deal with the Tigers. He’s coming off a 4.64 ERA over 31 starts. It’s the second time in the past three years that Flaherty allowed nearly five earned runs per nine innings. He has had issues keeping the ball in the yard in consecutive seasons. While that might point towards him opting in, there’s a good chance he tests the market anyway based on his youth and swing-and-miss potential.

The righty punched out 27.6% of opponents behind a strong 11.3% swinging strike rate. He’d fanned nearly 30% of batters faced last season. He’s 13th in MLB with 382 strikeouts over the past two seasons. Flaherty has also avoided the injured list in three straight years despite reports that the Yankees pulled out of a 2024 deadline deal after flagging something in his medicals. The combination of durability and swing-and-miss upside might get him a three- or four-year contract. If Flaherty opts out, the Tigers would need to decide whether to issue a qualifying offer.

  • Shota Imanaga (32)

The Cubs have a three-year, $57.75MM option on Imanaga’s services. If they decline, Imanaga has the right to opt out of the remaining two years and $30.5MM on his deal. If both sides decline their end of the option structure, he’ll be a free agent. The Cubs would then need to decide whether to make the qualifying offer or be content to let Imanaga walk.

The longstanding assumption has been that the team would exercise the three-year option. Imanaga was fantastic in 2024 and carried a 3.08 ERA over 20 starts through the end of August this year. Then he got torched in September (6.51 ERA) and gave up six runs over 6 2/3 innings during two postseason starts. He gave up at least one home run in each of his last nine regular season starts, as well as in both playoff outings. Imanaga surrendered an MLB-worst 20 longballs in the second half.

That’s likely to continue to be a problem. Imanaga’s fastball sits around 90 MPH and he’s an extreme fly-ball pitcher. After striking out more than a quarter of batters faced during his rookie season, that dropped to a slightly below-average 20.6% mark this year. There are a lot of red flags, but he also owns a 3.28 ERA over 318 MLB innings in the last two seasons.

  • John Means (33)

Cleveland signed Means to a one-year deal with a $6MM club option that could climb to $7.5MM based on next year’s innings totals. He was coming off his second UCL surgery in three years and spent all of this season rehabbing.

  • Freddy Peralta (30)

Peralta will not be a free agent. The Brewers are going to exercise an $8MM option. They’ll entertain trade possibilities but could hold their ace for his final season of club control after advancing to the NLCS.

  • Colin Rea (35)

The Cubs hold a $6MM option on Rea that comes with a $750K buyout. That’s a reasonable price for a reliable swingman who turned in a 3.95 ERA over 159 1/3 innings this past season. If the Cubs surprisingly cut Rea loose, he should be able to find a similar contract on the open market.

  • Jose Urquidy (31)

The Tigers guaranteed Urquidy $1MM as he completed rehab from Tommy John surgery. He made two late-season relief appearances. They can bring him back on a $4MM option that could climb to $7MM based on escalators.

Middle/Back of the Rotation

  • Adrian Houser (33)

Houser was on a minor league deal with the Rangers at the beginning of this year. He opted out and signed a big league deal with the White Sox in late May. Houser went on an excellent two-month run in Chicago, turning in a 2.10 ERA through 68 2/3 innings. That was enough to make him a legitimate deadline trade chip, as they sent him to the Rays for a three-player return headlined by former top prospect Curtis Mead. The magic wore off after the deal, as Houser struggled to a 4.79 ERA in 56 1/3 frames with Tampa Bay.

Middling finish aside, the righty is in much better position than he was at this time last winter. Houser is a lock for a big league deal and could get two years to pitch in a swing role. He doesn’t miss many bats but gets a lot of ground-balls behind a sinker that sits north of 95 MPH on average.

  • Zack Littell (30)

Littell has gone from nondescript middle reliever to viable fourth starter since the Rays built him up halfway through the 2023 season. He tied for 11th in MLB with 186 2/3 innings this year and has managed consecutive sub-4.00 ERA showings. He pounds the strike zone but has fringe stuff that leads to middling strikeout rates and a lot of home runs. Only Jake Irvin gave up more home runs than Littell’s 36 this year.

The Reds nevertheless valued Littell’s durability and strike-throwing enough to give up a legitimate pitching prospect (Adam Serwinowski) to acquire him at the deadline. Littell just turned 30 and should be able to pull a multi-year deal. There’s a chance he gets a three-year contract from a team that wants to lock in some stability at the back of the staff.

  • Tyler Mahle (31)

Mahle had a sterling 2.18 ERA across 16 starts for the Rangers this year. However, he only struck out 19.1% of opponents while working with less impressive stuff than he showed early in his career with the Reds. Mahle averages 92 MPH after sitting 93-94 a few years ago. The drop-off is presumably tied to his history of arm injuries, which continued this year.

Mahle suffered a rotator cuff strain that cost him three months between mid-June and September. Shoulder issues had prematurely ended his season in both 2022 and ’24, and he underwent Tommy John surgery in May 2023. Mahle technically finished this season healthy for the first time in four years, as he was able to return to make two starts in September. He has only made 51 appearances over the past four years and might be limited to one-year deals as a result.

  • Nick Martinez (35)

Martinez was last offseason’s most surprising qualifying offer recipient. Not coincidentally, he was the only player to accept the QO and play out the season on a $21.05MM salary. The veteran swingman spent most of the season in Cincinnati’s rotation, working to a 4.45 ERA across 165 2/3 innings. His 17% strikeout rate was his lowest since he returned to MLB four years ago. Martinez doesn’t have eye-popping stuff, but he has plus control and reliably stays off barrels.

The lack of swing-and-miss and Martinez’s age could cap him at one year, but it wouldn’t be surprising if he finds another two-year contract. Teams have valued his willingness to bounce between the rotation and bullpen at any point within the season. Martinez has also been ultra durable, avoiding the injured list entirely since his MLB comeback in 2022.

NPB/KBO fliers

  • Foster Griffin (30)

Griffin is a former first-round pick of the Royals who made seven MLB appearances between 2020-22. He has spent the past three seasons in Japan, combining for a 2.57 ERA across 315 2/3 innings. Griffin missed time this past season with what MLBTR has learned was a bone bruise in his lower body. He’s expected to have a normal offseason and intends to pursue an MLB return. Griffin didn’t have overpowering stuff during his initial run in affiliated ball, but he’s coming off a 1.62 ERA while striking out a quarter of opponents. He could command a big league deal to compete for a back-of-the-rotation spot.

  • Cody Ponce (32)

Ponce is pitching with the Korea Baseball Organization’s Hanwha Eagles this year. It’s possible he explores MLB opportunities once the offseason begins. Ponce posted a near-6.00 ERA over 20 big league appearances with the Pirates between 2020-21. He spent the next three seasons pitching to mediocre results in Japan before signing in Korea. Ponce had a phenomenal KBO season, going 17-1 with a 1.89 ERA while striking out more than 36% of opponents. It’s an even better season than Erick Fedde had when he won the KBO MVP award in 2023.

Fedde parlayed that into a two-year, $15MM contract with the White Sox. Ponce is a year older but is a former second-round pick whose stuff has ticked up in Korea. One evaluator with whom MLBTR spoke credited Ponce with a mid-90s fastball to headline a four-pitch mix. It’s not out of the question that he gets a multi-year deal that approaches or exceeds the Fedde contract.

  • Kona Takahashi (29)*

The Seibu Lions are expected to post Takahashi this offseason. The right-hander has a 3.39 ERA in nearly 1200 innings at Japan’s top level. He’s coming off a 3.04 mark over 148 innings. While the run prevention is solid, Takahashi doesn’t have the bat-missing stuff that’d generate huge big league interest. He struck out just 14% of opponents this past season. An MLB deal is possible, but he’s unlikely to command more than a couple million dollars. There are some similarities between Takahashi and Shinnosuke Ogasawara, who signed a two-year, $3.5MM deal and pitched in a swing role for the Nationals.

Reclamation/Swing Types

  • Walker Buehler (31)

The Red Sox signed Buehler to a $21.05MM free agent deal last offseason. They ignored his terrible regular season results and placed a lot of emphasis on his two good outings in the World Series. That predictably didn’t work out, and they ended up releasing him by the end of August. Buehler managed 13 2/3 innings of one-run ball after signing with the Phillies for the season’s final couple weeks, though that came with an 8:6 strikeout-to-walk ratio. He finished the season with an ERA just under 5.00 with poor strikeout, walk, and home run rates. Buehler still has a 94 MPH fastball and a track record that should get him a big league deal at a much lower salary than he made this past season. Some teams could be intrigued to see if he can find a new gear in the bullpen, but Buehler may prefer to sign with a club that’ll offer a rotation opportunity.

  • Griffin Canning (30)

Canning was one of the Mets’ more reliable starters early in the season, turning in a 3.77 ERA behind a 51% ground-ball rate over 16 starts. Unfortunately, he ruptured his right Achilles against the Braves at the end of June. The Mets never released a specific timeline beyond the obvious news that he was headed for season-ending surgery. It seems unlikely that he’ll be ready for Opening Day, which would be nine months removed from the injury. Canning could try for a cheap, slightly backloaded two-year deal.

  • Nestor Cortes (31)

Cortes, an All-Star with the Yankees in 2022, has battled forearm issues for the past two seasons. He only made eight starts (with rough results) between the Brewers and Padres this year. Cortes finished the season on the injured list and underwent surgery that threatens his availability for 2026. He’s probably looking at a one-year guarantee with a ’27 club option so a signing team can gauge his recovery.

  • Zach Eflin (32)

Eflin looked good over three starts before suffering a lat strain. He missed a month, then was rocked for a 7.16 ERA over nine starts before returning to the injured list with a back issue. He came back in late July, started twice more, and was shut back down. Eflin underwent season-ending back surgery in August. The Orioles announced that the recovery could take anywhere from four to eight months, so it’s not a given that he’ll be ready for the start of Spring Training.

  • Jon Gray (34)

Gray pitched six times this year, all in relief. He finished the season on the injured list and was diagnosed with thoracic outlet syndrome. It’s unclear if he’ll require surgery that could cost him most of the ’26 campaign.

  • Germán Márquez (31)

Márquez once overcame the challenges of pitching in Colorado to post upper mid-rotation numbers. That hasn’t been the case since he underwent Tommy John surgery that cost him most of the 2023-24 seasons. The righty was bombed for a 6.70 ERA with a career-low 14% strikeout rate this year. He pitched just as poorly on the road as he did at Coors Field. Márquez still has a 95 MPH heater, so perhaps he’ll find a cheap big league deal from a team that thinks he’s salvageable with some repertoire changes.

  • Dustin May (28)

Once the sport’s top pitching prospect, May underwent a pair of significant elbow surgeries early in his career. He missed all of last year after requiring emergency esophageal surgery following a fluky but life-threatening throat rupture when a piece of lettuce got stuck in his throat. May thankfully was able to return to the mound this year and managed a career-high 132 1/3 innings across 25 appearances. He posted a near-5.00 ERA and ended the season on the shelf with elbow neuritis.

  • Jordan Montgomery (33)

Montgomery gave up a 6.23 ERA over 25 appearances during his first season with the Diamondbacks. He was blasted publicly by owner Ken Kendrick last winter, then blew out in Spring Training and underwent Tommy John surgery. Arizona dumped part of his contract on the Brewers at the deadline but he’ll probably look for a fresh start as a free agent. If he’s expected back in June or July, he could get a big league deal as a buy-low flier.

  • Michael Soroka (28)

Soroka has flashed intriguing swing-and-miss stuff but has yet to show that he can hold up as a starter. He fanned more than a quarter of opponents over 16 starts with the Nationals. His velocity wilted as the deadline approached. The Cubs looked past that and acquired him, but Soroka exited his team debut with a shoulder strain. He returned in mid-September as a reliever and finished the season with a 4.52 ERA across 89 2/3 innings.

Depth/Innings Eaters

  • Tyler Anderson (36)

Anderson wrapped up his three-year, $39MM free agent contract with the Angels by turning in a 4.56 ERA across 26 starts. He allowed 4.53 earned runs per nine over his three seasons in Anaheim. The southpaw struck out only 17.5% of opponents while averaging 89 MPH on his fastball. He missed the final month with an oblique strain and is likely looking at a one-year deal in the $3-5MM range.

  • Aaron Civale (31)

In a season divided between three teams, Civale turned in a 4.85 ERA across 102 innings. He pitched poorly as a starter with both Milwaukee and the White Sox but found some late-season success out of the bullpen with the Cubs.

  • Patrick Corbin (36)

Corbin took the ball 31 times and provided the Rangers 155 1/3 innings on a $1.1MM free agent deal. He managed decent results early in the season but a rough last two months left him with a 4.40 ERA with a 20% strikeout rate. It’s a better season than he had with the Nationals in 2024, so he could earn a boost to a $3-4MM salary if he comes back for his age-36 season.

  • Kyle Hendricks (36)

Hendricks was noncommittal on whether he planned to continue pitching. The soft-tossing sinkerballer is coming off a 4.76 ERA over 164 2/3 innings for the Angels on a $2.5MM free agent deal.

  • Michael Lorenzen (34)

Lorenzen started 26 of 27 appearances for the Royals this past season. He worked to a 4.64 ERA with a league average 21% strikeout rate and a solid 6.4% walk percentage. Lorenzen should fare the best of the pitchers in this tier because he sits around 94 MPH and missed bats at a near league average clip.

  • Miles Mikolas (37)

Mikolas played out his final season in St. Louis as an innings-eating fifth starter. He posted a 4.84 ERA over 31 appearances. Like most of the pitchers in this tier, he’s a durable strike-thrower who doesn’t miss many bats and gives up a lot of home runs.

  • Chris Paddack (30)

Paddack was sitting on a 4.95 ERA in 21 starts when the Twins traded him to Detroit at the deadline. The buy-low move for the Tigers busted, as the righty was pushed out of the rotation after five starts. He finished the regular season in relief and was a healthy scratch in the playoffs. Paddack ended the year with a 5.35 ERA and a career-worst 16.7% strikeout rate in 158 innings.

  • Martín Pérez (35)

Pérez managed a solid 3.54 ERA over 56 innings for the White Sox on a one-year deal. Injuries kept him from soaking up the innings that the Sox had wanted, though. Pérez missed a few months with a flexor issue and landed back on the shelf in September with a shoulder strain.

  • Jose Quintana (37)

Quintana made 24 starts and worked to a 3.96 ERA over 131 2/3 innings for the Brewers. He’s a capable back-end starter but didn’t find much interest last offseason, when he was coming off a 3.75 mark in 31 starts for the Mets. Another one-year deal between $4-6MM seems likely.

  • Tomoyuki Sugano (36)

Sugano’s first season in the U.S. was a disappointment. The former NPB star took the ball 30 times but gave up a 4.64 ERA while striking out fewer than 16% of opponents. He throws strikes but doesn’t have the stuff he did at his peak in Japan. Sugano isn’t going to approach last winter’s $15MM guarantee on a one-year deal this time around.

Potential Minor League Deals

  • Paul Blackburn (32)
  • Carlos Carrasco (39)
  • Alex Cobb (38)
  • Nabil Crismatt (31)
  • Anthony DeSclafani (36)
  • Erick Fedde (33)
  • Austin Gomber (32)
  • Kyle Hart (33) ^
  • Andrew Heaney (35)
  • Kenta Maeda (38) **
  • Triston McKenzie (28)
  • Wade Miley (39)
  • Cal Quantrill (31)
  • Marcus Stroman (35)
  • José Ureña (34)
  • Bryse Wilson (28)
  • Ryan Yarbrough (34)

Note: Charlie Morton is technically a free agent. It’s widely expected that he’ll retire after signing a ceremonial deal to make a final appearance with the Braves on the last day of the regular season. He has yet to make an official announcement, however.

* Expected to be made available via posting system
^ Assumes buyout of club option
** Plans to pitch in Japan in 2026

Share Repost Send via email

2025-26 MLB Free Agents MLBTR Originals

104 comments

Previewing The 2025-26 Free Agent Class: Right-Handed Relief

By Darragh McDonald | October 23, 2025 at 12:56pm CDT

A number of teams (and their fanbases) have already turned their attention towards the offseason. Identifying free agent targets is a big part of that prep work, so it’s worth taking a look at the players who’ll be available at each position.

The group of right-handed relievers is a real mixed bag, as usual. There are established closers, guys looking for bouncebacks and plenty of other wildcards. Ages listed are for the 2026 season.

Previous entries in this series: catcher, first base, second base, third base, shortstop, center field, corner outfield, designated hitter

Closers Expected To Opt Out

  • Edwin Díaz (32)

Díaz has the ability to opt out of his deal and he should do so. He would be walking away from $38MM over two years but he should be able to beat that, even after rejecting a qualifying offer. The best relievers generally get around $20MM on multi-year deals. Díaz himself got $102MM over five years on his current deal, plus the opt-out. Josh Hader got $95MM over five. Tanner Scott got $72MM over four. Liam Hendriks got $54MM over three.

While Díaz isn’t quite as good as he was a few years ago, he’s still one of the best relievers around. He struck out 50.2% of batters faced in 2022 just before getting his last deal. He then missed the entire 2023 season due to right knee surgery. His 2024 and 2025 seasons have seen his strikeout rate down a bit below 40%, a big drop from 2022, but still with excellent results overall.

Over the 2024 and 2025 seasons, Díaz tossed 120 innings with a 2.48 earned run average, 38.4% strikeout rate, 8.6% walk rate and 46.4% ground ball rate. He earned 48 saves in that span. Among pitchers with at least ten innings pitched over those two years, only Mason Miller had a higher strikeout rate. Díaz allowed fewer walks and got more grounders than Miller. He missed time in 2024 due to a shoulder impingement and a sticky stuff suspension but he stayed on the roster throughout 2025 and posted a 1.63 ERA on the year. He’s a few years older than last time but still young enough to get a strong multi-year deal.

  • Robert Suarez (35)

Suarez can also walk away from two guaranteed years and has a strong case to do so. He tossed 69 2/3 innings for the Padres this year with a 2.97 ERA. He struck out 27.9% of batters faced and only gave out walks at a 5.9% clip. He racked up 40 saves, his second straight year with at least 36.

His deal only pays him $8MM annually for the next two seasons, meaning he would be walking away from just $16MM by opting out. He should be able to beat that guarantee but might still be limited to two years offers on account of his age. It’s possible that the Padres won’t issue him a qualifying offer. $22.025MM on a one-year deal would be a lot for a closer who is pretty good but not elite. That’s especially true for the Friars, given their perennially tight payroll. Assuming he doesn’t get tagged with a QO, that will help his market.

Big Helium Guy

  • Brad Keller (30)

Keller spent a bunch of years as a decent groundball starter for the Royals. Some of those years were okay. Others were not. He had surgery to correct thoracic outlet syndrome late in 2023. He didn’t do much in 2024 and had to settle for a minor league deal with the Cubs coming into 2025.

That deal worked out tremendously for both sides. Keller was used as a reliever and was able to average about 97 miles per hour on his fastball, up a few ticks from his time as a starter. He gave the Cubs 69 2/3 innings with a 2.07 ERA. His 27.2% strikeout rate was about 10 points higher than his earlier rotation work. He didn’t sacrifice any of the ground balls, as his 56.1% rate this year was actually a career high. His 8% walk rate was around average. He worked his way into a leverage role with the Cubs, earning three saves and 25 holds.

This is just one season after some time in the injury wilderness and with some mediocre results prior to that. However, pitchers have been able to ride this kind of momentum to nice multi-year deals before. Jeff Hoffman and Robert Stephenson are some recent examples of guys who didn’t pan out as starters before reinventing themselves as relievers. Both signed deals worth $33MM over three years.

Hoffman had two strong relief years, compared to Keller having just one. Stephenson was only good for about half a year before his deal but his level of dominance in that span was more extreme. The Stephenson deal has blown up on the Angels since he’s been hurt since signing, but Hoffman became Toronto’s closer and has just helped them to the World Series.

They are not perfect analogies but the point is Keller could have big earning power, even with just one really strong season. It’s also possible some clubs want to stretch him back out. Clay Holmes got $38MM over three years, with the Mets hoping his ground balls could help him eat some rotation innings. That bet largely worked out after one year, with Holmes posting a 3.53 ERA in 2025.
Read more

Veteran Closers

  • Kyle Finnegan (34)

Finnegan has racked up 112 saves over the past five seasons, mostly with the Nationals, but he also notched a few with the Tigers this year after a deadline deal. His rate stats have been more good than great. From 2021 to 2024, he had a 3.62 ERA, 23.3% strikeout rate, 9.3% walk rate and 47.2% ground ball rate. Ahead of the 2025 season, the Nationals non-tendered him instead of paying him a projected $8.6MM salary for his final year of club control.

After lingering on the market for a while, Finnegan returned to the Nats in early March, a $6MM guarantee with some deferrals. He pitched okay and got flipped to Detroit at the deadline, when his results ticked up. The Tigers had him throw his splitter way more, at the expense of his fastball. In 18 innings after the deal, he had a 1.50 ERA, 34.8% strikeout rate and 6.1% walk rate. He also made six postseason appearances but without the same level of dominance.

The track record of being a passable closer is already pretty good. Last time he was a free agent, he didn’t have a ton of juice, but perhaps some clubs will be intrigued by the extra gear he showed down the stretch with the different pitch mix. That could get him into multi-year deal territory.

  • Raisel Iglesias (36)

Iglesias has a pretty lengthy track record of reliability in the closer’s role. He racked up 28 saves with the Reds back in 2017 and has reached double digits in each full season since then. He was a free agent four years ago and secured a four-year, $58MM deal from the Angels, though he was traded to Atlanta in the first season of that pact.

He’s now older and coming off an uneven year. He had a 4.42 ERA but settled down with a 1.76 ERA in the second half. Altogether, he tossed 67 1/3 innings with a 3.21 ERA, 27.4% strikeout rate and 6% walk rate. His age could limit him to one-year offers but a second year isn’t totally out of the question. In recent years, pitchers like Blake Treinen, Chris Martin, Adam Ottavino and Mark Melancon have received two-year deals worth $14MM or more for their age-37 seasons. Iglesias will be one year younger than that.

  • Kenley Jansen (38)

Jansen is one of most successful closers in baseball history. He now has 476 saves, fourth on the all-time list. He’s still miles away from Mariano Rivera and Trevor Hoffman but he’s only two saves away from tying Lee Smith in the number three spot.

Due to his age, he’s been signing short-term deals lately. He got a one-year pact with Atlanta in 2022, two years with the Red Sox for 2023-24, then one with the Angels for 2025. He just wrapped up another good season. He gave the Halos 59 innings with a 2.59 ERA, 24.4% strikeout rate and 8.1% walk rate. He’s not as dominant as he once was but still racked up 29 saves. Another solid one-year deal should be out there for him somewhere.

  • Emilio Pagán (35)

Pagán has been in the big leagues for years with a pretty consistent profile. His strikeout and walk rates are good but he gives up too many home runs. Despite the flaws, he was a free agent two years ago and secured a two-year, $16MM guarantee with an opt-out.

That deal was with the Reds, a club with one of the most homer-friendly ballparks in the majors. Predictably, the first year didn’t go well. Pagán missed a couple of months with a lat strain and posted a 4.50 ERA. He decided not to trigger his opt out, staying in Cincinnati for 2025.

Surprisingly, that worked out. Pagán logged 68 2/3 innings this year with a 2.88 ERA, 30% strikeout rate and 8.1% walk rate. He seemingly had a bit of help from a .200 batting average on balls in play and 76.5% strand rate. Regardless, his 3.72 FIP and 3.18 SIERA suggest he would have done okay even with less luck from the baseball gods. He took over the closer’s role and racked up 32 saves.

The under-the-hood numbers will give clubs some pause but Pagán had enough interest to get a nice multi-year deal the last time he was out there. He’s obviously older now but is perhaps heading back to the market with some nice juice after some success in the ninth inning.

Notable Bounceback Candidates

  • Hunter Harvey (31)

The injury bug has been on Harvey for the past year-plus. The Royals acquired him from the Nationals in July of 2024. Unfortunately, mid-back tightness put him on the injured list for most of the remainder of that season. In 2025, a teres major strain and a right adductor strain wiped out most of the season. He only made 18 appearances for the Royals despite being with them for about a year and a half.

There will be some natural uncertainty with Harvey after those absences but the numbers are good. Dating back to the start of 2022, he has thrown 161 1/3 innings with a 3.07 ERA, 27.4% strikeout rate, 6.5% walk rate and 43.1% ground ball rate. He earned 11 saves and 58 holds in that time. There’s some health risk but Harvey makes for an intriguing buy-low opportunity, likely on a one-year deal.

  • Ryan Helsley (31)

One year ago, Helsley seemed on track to be one of the top relievers of this winter’s class. That is no longer the case. He finished 2025 with a 4.50 ERA. He was particularly bad after being traded to the Mets at the deadline, with a 7.20 ERA after that swap.

That performance obviously cuts into his earning power, but some clubs may be able to find some glimmers of hope. The pre-2025 track record is great. From 2022 to 2024, he logged 167 2/3 innings with a 1.83 ERA while striking out 34.6% of batters faced. It’s been suggested that his struggles this year were the result of him tipping his pitches, so his results could come back with a minor adjustment. His velocity is mostly still there, as he averaged 99.3 mph this year, only a slight drop from his 99.7 mph peak.

The more pessimistic perspective is that Helsley has been trending in the wrong direction for a while now. His strikeout rate peaked at 39.3% in 2022 but has been dropping since. It was 35.6% in 2023 and 29.7% last year. Here in 2025, he dropped to 26.1% with Cards and then to 23.2% after being traded to the Mets. There are likely clubs who can see a way to reverse the trends but he might be limited to one-year pillow offers. It’s possible the velocity gets enough interest that he commands a two-year deal with an opt-out.

  • Liam Hendriks (36)

Hendriks was one of the top closers in baseball from 2019 to 2022 but he’s mostly been in the wilderness since. He missed time early in 2023 while getting treatment for non-Hodgkin’s lymphoma. He was able to beat cancer and get back on the mound that summer but then required Tommy John surgery in August.

He signed a two-year deal with the Red Sox for 2024 and 2025 but missed all of 2024 while recovering. The Sox were surely hoping for a fully healthy season from Hendriks in 2025 but didn’t get it. He was on and off the IL all year due to elbow/forearm issues, making 14 appearances for the big league club. He underwent a right elbow ulnar nerve transposition surgery at the end of September. His health status for next season isn’t clear.

  • Michael Kopech (30)

Kopech never really made it as a starter but a bullpen move in 2024 seemed to be the right path for him. Between the White Sox and Dodgers that year, he tossed 67 2/3 innings with a 3.46 ERA. His 12.2% walk rate was high but he punched out 31.5% of batters faced. He racked up 15 saves and nine holds on the year.

2025 was mostly a lost season, however, as he only logged 11 innings. Reports of forearm inflammation popped up way back in January. He started the season on the IL due to a shoulder impingement, reportedly due to him trying to quickly ramp up for the Tokyo Series after the forearm stuff. He was off the IL in early June but was back on the shelf later than month due to right knee inflammation. He underwent surgery to address a torn meniscus in July. He came off the IL at the start of September but inflammation in that knee put him back on the IL a few weeks later. Even as the Dodgers have pushed into the World Series, there’s been no suggestion that Kopech is getting close to rejoining the roster. The injuries probably limit Kopech to a one-year deal but there’s perhaps some intriguing upside based on his 2024 breakout.

  • Jose Leclerc (32)

Leclerc spent the 2016 to 2024 seasons with the Rangers. He tossed 360 1/3 innings with a 3.27 ERA. His 13.2% walk rate was high but he also punched out 31.2% of batters faced. He was a key part of the club’s 2023 World Series run.

The Athletics gave him a one-year, $10MM deal for the 2025 season, but that investment turned into a bust. Leclerc only tossed nine innings for the A’s before requiring season-ending shoulder surgery. It’s unclear if he’s expected to be healthy by the start of next season.

  • Jordan Romano (33)

Romano had a three-year run as the Blue Jays closer. From 2021 to 2023, he racked up 95 saves while posting a 2.37 ERA with a 30.3% strikeout rate, 9.2% walk rate and 42.3% ground ball rate. But in 2024, he was on and off the IL with elbow issues and only tossed 13 2/3 innings. The Jays non-tendered him instead of paying a projected $7.75MM salary for his final arbitration season.

The Phils tried for a bounceback, giving Romano $8.5MM. It didn’t pan out. Romano posted an 8.23 ERA across 42 2/3 innings this year. It surely wasn’t quite as bad as that ERA makes it seem. His 49% strand rate in 2025 was tiny. His 25.1% strikeout rate wasn’t as high as his peak but was still pretty good. His 3.66 SIERA would suggest he was extremely unlucky.

Even if luck played a notable role, Romano should have less earning power than a year ago. His 95.5 mph fastball velocity was a couple of ticks below his peak and even below the 96.4 he managed in his injury-marred 2024 campaign.

  • Paul Sewald (36)

Sewald racked up double digit saves in each season from 2021 to 2024. In that span, he tossed 229 innings with a 3.18 ERA, 32.5% strikeout rate and 8.2% walk rate. The final year of that stretch wasn’t his best. He battled some injuries and lost the closer’s role in Arizona.

Though he went into free agency on a bit of a down note, the Guardians still gave him a $7MM guarantee on a one-year deal. He technically has a mutual option for 2026 but those provisions are almost never picked up by both sides. The Guards twice put him on the IL due to a shoulder strain. He was still on the IL at the deadline when he was flipped to the Tigers, with Detroit absorbing the roughly $2.6MM still to be paid out. He made four appearances for the Tigers late in the year but didn’t crack the playoff roster.

Sewald finished this year with a 4.58 ERA, 24.7% strikeout rate and 7.4% walk rate. Those aren’t disastrous numbers and it’s perhaps notable that the Guards and Tigers were both willing to spend money on him this year. However, his fastball velocity was down to 90.4 mph this year around the shoulder issues.

  • Devin Williams (31)

Williams came into this year as one of the best relievers alive. From 2020 to 2024, he tossed 222 innings with a minuscule 1.70 ERA. His 12% walk rate was high but he counteracted that by striking out 40.8% of batters faced and keeping 48.9% of balls in play on the ground. After Josh Hader was traded, Williams took over the closer’s role in Milwaukee. He earned 36 saves in 2023, though back issues limited him to just 14 in 2024.

He was traded to the Yankees ahead of the 2025 season and went on to post a 4.79 ERA, eventually losing his grip on the closer’s role. However, most of his underlying stats were still strong. His 34.7% strikeout rate and 44.6% ground ball rate moved in the wrong direction but were both still well above average. His 9.7% walk rate was actually his best in years.

The main reason for his ERA spike seems to be bad luck. His 55.2% strand rate was well below the 72.3% league average and his career rate of 75.8%. ERA estimators like his 2.68 FIP and 2.67 SIERA suggest he was almost as dominant as before.

There will perhaps be some talk that Williams couldn’t handle the bright lights of New York City but some may ignore that. For any team overlooking the fluky-looking ERA spike, it’s a chance to grab one of the best pitchers in baseball, perhaps with a soft market. A two-year deal with an opt-out could be possible but it’s also feasible that there’s enough faith in his stuff to get him a strong three- or four-year deal.

  • Kirby Yates (39)

Yates has been really up and down lately. He had a massive breakout a few years back, including a 41-save season with a 1.19 ERA in the juiced-ball campaign of 2019. Then he was in the injury wilderness for a while but gradually got back on track. He racked up 33 saves for the Rangers in 2024 while posting a 1.17 ERA with a 35.9% strikeout rate and 11.8% walk rate.

The Dodgers gave him a one-year, $13MM deal for 2025. He spent time on the IL with hamstring and back injuries. Around those, he tossed 41 1/3 innings with a 5.23 ERA. His 29.2% strikeout rate was actually quite good and his 9.6% walk rate acceptable, but 17% of his fly balls left the yard. He finished the season on the shelf with a hamstring strain and hasn’t appeared in the postseason for the Dodgers.

Some ERA estimators consider home runs to be the fault of the pitcher while others consider them to be more random. That perhaps explains the difference between Yates’s 4.76 FIP and 3.33 SIERA this year. Regardless, it wasn’t an ideal season. But he’s shown an elite ceiling in the past, including as recently as last year, so another decent one-year deal could be out there for him.

Veteran Setup Guys

  • Shawn Armstrong (35)

Armstrong has 421 1/3 career innings under his belt with a 3.82 ERA, 24.3% strikeout rate and 7.8% walk rate. The Rangers scooped him up for $1.25MM on a one-year deal for 2025. He gave them 74 innings with a 2.31 ERA, 26.1% strikeout rate and 7% walk rate. He earned nine saves and 12 holds. He should get another one-year deal from some club looking to bolster the setup group.

  • Seranthony Domínguez (31)

Domínguez has long been a power arm in the big leagues, combining good strikeout and ground ball numbers with some wildness. He has thrown 306 innings with a 3.50 ERA, 27.9% strikeout rate, 10.5% walk rate and 45.3% ground ball rate. He does have 40 career saves but has never topped 16 in a season. He’s been deployed more as a setup guy, with 78 holds in his career.

The Blue Jays acquired him from the Orioles at the trade deadline. The move came as the two clubs were playing a doubleheader against each other, which allowed Domínguez to swap clubhouses between the two games. He’s been a key part of Toronto’s playoff bullpen, having already made seven appearances.

He’s not the best reliever in this post but there’s a lot to like. His fastball averages almost 98 mph, helping him get those strikeouts and grounders. He added a splitter this year to try to even out his platoon splits, though he still struggled with lefties in 2025. A decent multi-year deal is a possibility.

  • Chris Martin (40)

Martin said a year ago that 2025 would likely be his final season. He hasn’t yet confirmed that, but it’s possible he’s now going to retire. If he wants to come back for one more, he should have interest. He got a one-year, $5.5MM deal from the Rangers for 2025 and delivered solid results. He posted a 2.98 ERA over 42 1/3 innings. He struck out 24.7% of batters faced and continued to show his elite control with a 4.6% walk rate.

  • Phil Maton (33)

Maton always puts up good numbers but the market never really seems to value him, likely due to his middling velocity. He got $6.5MM from the Rays two offseasons ago and just $2MM from the Cards last winter. Between the Cards and Rangers this year, he logged 61 1/3 innings with a 2.79 ERA, 32.7% strikeout rate, 9.3% walk rate and 44.4% ground ball rate. Based on precedent, another one-year deal should be a bargain for some club out there.

  • Tyler Rogers (35)

Rogers has even less velocity than Maton, as his fastballs average in the low-to-mid-80s. However, there’s not really another pitcher like him in the majors. His submariner delivery is incredibly unique. He’s very durable, having never gone on the big league injured list, which has allowed him to toss at least 70 innings in each of the last five seasons. Over those five seasons, he has a 2.71 ERA. His 17% strikeout rate isn’t impressive but his 4.4% walk rate is tiny and his 56.3% ground ball rate is huge. He’s one of the best in the league at staying off barrels and limiting hard contact.

Teams generally prefer to have power pitchers in their setup roles but Rogers appears to be a special case. He reached 30 holds in four of the last five seasons. The Mets made him a key deadline pickup, sending a notable package of talent to the Giants. They then had him in a high leverage role down the stretch. That’s partly due to the struggles of Helsley and others but Rogers also held his own with a 2.30 ERA for the Mets.

It’s one of the harder markets to predict. Will teams overlook the nonexistent velocity and tiny strikeout numbers, focusing more on the control and weak contact? Or will clubs scoff at the profile like with Maton?

  • Luke Weaver (32)

Weaver’s career as a starter went through many ups and downs but he finally settled in as a solid reliever in recent years. Going into 2024, the Yankees signed him to a one-year, $2MM deal with a $2.5MM club option for 2025 and performance bonuses. That turned into a bargain for them. Weaver tossed 148 2/3 innings over the course of that pact with a 3.21 ERA, 29.5% strikeout rate and 7.8% walk rate. He earned 12 saves and 43 holds.

The deal ended on a sour note, as Weaver allowed five runs over three postseason appearances, recording just one out. But from a wider viewpoint, it was two years of solid setup man results. Those kinds of guys can often find solid multi-year pacts, with recent examples including Jordan Hicks, Clay Holmes, Rafael Montero, Taylor Rogers and Reynaldo López. Some of those guys were signed to be stretched out as starters, something that Weaver hasn’t closed the door on.

Swing Types

  • Jakob Junis (33)

Junis has worked as both as a starter and a reliever throughout most of his career, though he was exclusively used as a reliever in 2025. The Guardians gave him a one-year, $4.5MM deal coming into the season. He gave them 66 2/3 innings with a 2.97 ERA. His 20.1% strikeout rate was subpar but he limited walks to a 6.6% clip. It was mostly low leverage work, as he earned only six holds and no saves. He should be able to secure another one-year pact for a low-leverage relief role or a gig as a swingman.

  • Nick Martinez (35)

Martinez has shown a decent ability to be shuttled back and forth between the rotation and bullpen. His relief work is better but his starting work is passable and teams seem to value that flexibility. The Reds surprisingly made him a $21.05MM qualifying offer a year ago, which he accepted. He gave them 165 2/3 innings over 26 starts and 14 relief appearances. His 4.45 ERA wasn’t amazing, nor was his 17% strikeout rate, but he only walked 6.1% of batters faced and did a good job limiting hard contact. He had a 2.61 ERA in his relief outings this year, though while only striking out 11.1% of opponents.

Prior to accepting this QO, he was able to secure multi-year deals with opt-outs, seeming to have a strong willingness to bet on himself and repeatedly return to the market. He’s getting older now but it wouldn’t be a shock to see him get another multi-year pact.

  • Michael Soroka (28)

Is Soroka a starter? The question seems to always go unanswered. After many years in the injury wilderness, he had an intriguing 2024 season with the White Sox. He didn’t pan out as a starter but finished the year strong as a multi-inning reliever. He logged 36 frames over his final 16 appearances with a 2.75 ERA and 39% strikeout rate, though the 13% walk rate was ugly.

The Nats gave him a one-year, $9MM deal and an opportunity to start again. He started for them 16 times with a 4.87 ERA, 25.4% strikeout rate, 7% walk rate and 42.6% ground ball rate. Those are decent numbers but it’s still not clear if he should be facing hitters multiple times. He held opponents to a .193/.250/.329 line when facing them the first time but gave up a .218/.302/.395 line the second time through. Hitters facing him a third time slashed .319/.467/.574.

He was traded to the Cubs ahead of the deadline but made just one more start before a shoulder strain sent him to the IL. He was able to come off the shelf late in the year but was kept in the bullpen. If he wants another shot at starting, he should be able to find one since a relief role is a decent fallback, though there’s enough uncertainty that he’ll likely still be limited to another one-year deal.

Options/Opt-Outs

  • Scott Barlow (33)

The Reds signed Barlow to a one-year, $2.5MM deal last offseason. That came in the form of a $1.5MM salary and a $1MM buyout on a $6.5MM club option. He gave them 68 1/3 innings with a 4.21 ERA, basically in line with the 4.25 ERA he had with Cleveland the year prior. However, his strikeout rate dropped from 28.2% to 24.8%, his walk rate climbed from 12.9% to 14.9% and his grounder rate fell from 47.1% to 42.9%. With the needles moving in the wrong direction, the Reds should cut their losses, which would leave Barlow looking for another one-year deal.

  • Pete Fairbanks (32)

Fairbanks can be retained via an $11MM club option with a $1MM buyout. His strikeout rate isn’t quite what it once was, but he’s still getting decent results. He just gave the Rays 60 1/3 innings with a 2.83 ERA, 24.2% strikeout rate, 7.4% walk rate and 45.1% ground ball rate. He recorded 27 saves, his third straight season with at least 23. The net $10MM decision is justifiable enough for the Rays to pick it up, though they will probably trade Fairbanks to a club with a bigger payroll.

  • Pierce Johnson (35)

Johnson’s deal contains a $7MM club option with a $250K buyout. His strikeout rate dropped to 24.8% in 2025, after being around 30% in prior seasons. On the other hand, his control improved. His walk rate landed at 8% this year after being in the 10-13% range for many seasons before that. The result was a 3.05 ERA, 16 holds and one save. He’s not elite but Atlanta has plenty of bullpen questions and probably picks this up.

  • Tyler Kinley (35)

Despite being out of contention at the deadline, Atlanta acquired Kinley from the Rockies, presumably because they wanted to bolster their 2026 bullpen without having to wait for the offseason. Kinley’s contains a $5.5MM club option with a $750K buyout. After getting away from Coors Field, he gave Atlanta 25 innings with 0.72 ERA, 23.4% strikeout rate and 6.4% walk rate. It would be a surprise if he’s not back in the Atlanta bullpen next year.

  • Andrew Kittredge (36)

Kittredge signed a one-year, $10MM pact with the Orioles last winter. That came in the form of a $9MM salary and $1MM buyout on a $9MM club option for 2026. A left knee injury kept him out of action until mid-May but he got back on track and was dealt to the Cubs at the deadline. Between those two teams, he tossed 53 innings with a 3.40 ERA, 30.8% strikeout rate, 5.3% walk rate and 49.2% ground ball rate. He made Chicago’s playoff roster and made five more appearances in the postseason.

Given his continued strong results, $8MM feels like a fair price to keep Kittredge around. That’s especially true for the Cubs, who seem to prefer to avoid lengthy and expensive investments in the relief corps.

  • Jonathan Loáisiga (31)

Loáisiga has some talent but hasn’t been able to stay healthy for a lengthy period of time lately. He started this season on the injured list, recovering from UCL surgery. He came off the IL but had to head back there due to back tightness. While on the IL, he suffered a flexor strain that ended his season. Even when on the mound, his 18.5% strikeout rate was well below the mid-20s rates he had in his earlier seasons. There’s a $5MM club option, with no buyout, but the Yanks should be able to walk away. Even if they want to give him another shot, they should be able to get him back for less than that.

  • Andrés Muñoz (27)

Muñoz is one of the best closers in baseball. The club option is only for $7MM and there are two affordable club options for 2027 and 2028. This is definitely getting picked up.

  • Drew Smith (32)

Smith required UCL surgery in July of 2024, just a few months before reaching free agency. The Mets signed him to a one-year deal with a $1MM salary in 2025 with a $2MM club option for 2026. He didn’t pitch at all in 2025 but the $2MM price point is fair if the Mets expect him to be ready for a full healthy season in 2026. From 2021 to 2024, he tossed 161 1/3 innings with a 3.35 ERA, 26.2% strikeout rate and 10.2% walk rate.

Established Japanese Arms

  • Takahiro Norimoto (35)

Norimoto had a long run as a successful starter for the Rakuten Golden Eagles in Japan’s Nippon Professional Baseball. He moved to the bullpen in 2024, his age-33 season, and has spent the past two seasons as the Eagles’ closer. A 3.23 ERA and 48 saves in 53 tries through 108 2/3 frames as closer looks solid enough, but Norimoto’s strikeout rate has fallen to around 18%. His fastball was still touching 98 mph in 2024, but MLBTR spoke to a scout who clocked him 92-94 mph during the current season. Norimoto’s track record might get him a big league deal, but it’d probably be a cheap deal along the lines of those signed by countrymen Yoshihisa Hirano (two years, $6MM) and Hirokazu Sawamura (two years, $3MM) when they jumped to the majors in their mid-30s. A non-roster deal is also possible, and Norimoto could probably earn decent money staying in Japan if MLB offers aren’t enticing.

  • Kona Takahashi (29)

The Seibu Lions are expected to post Takahashi this offseason. The right-hander has a 3.39 ERA in nearly 1200 innings at Japan’s top level. He’s coming off a 3.04 mark over 148 innings. While the run prevention is solid, Takahashi doesn’t have the bat-missing stuff that’d generate huge big league interest. He struck out just 14% of opponents this past season. An MLB deal is possible, but he’s unlikely to command more than a couple million dollars. There are some similarities between Takahshi and Shinnosuke Ogasawara, who signed a two-year, $3.5MM deal and pitched in a swing role for the Nationals.

Depth Types

  • Scott Blewett (30)
  • Ryan Brasier (38)
  • John Brebbia (36)
  • Nabil Crismatt (31)
  • Chris Devenski (35)
  • Alexis Díaz (29)
  • Dane Dunning (31)
  • Chris Flexen (31)
  • Luis García (39)
  • Kendall Graveman (35)
  • Chad Green (35)
  • Carlos Hernández (29)
  • Luke Jackson (34)
  • Tommy Kahnle (36)
  • Jorge López (33)
  • Shelby Miller (35)
  • Rafael Montero (35)
  • Héctor Neris (37)
  • Adam Ottavino (40)
  • Ryan Pressly (37)
  • Tanner Rainey (33)
  • Erasmo Ramírez (36)
  • Joe Ross (33)
  • Tayler Scott (34)
  • Lucas Sims (32)
  • Ryne Stanek (34)
  • Chris Stratton (35)
  • Hunter Strickland (37)
  • Erik Swanson (32)
  • Lou Trivino (34)
  • José Ureña (34)
  • Bryse Wilson (28)
  • Jake Woodford (29)

Photo courtesy of Brad Penner, Imagn Images

Share Repost Send via email

2025-26 MLB Free Agents MLBTR Originals

30 comments

Kazuma Okamoto To Be Posted This Offseason

By Nick Deeds | October 22, 2025 at 7:19am CDT

NPB infielder Kazuma Okamoto will be posted for MLB clubs this offseason, according to an announcement made by the Yomiuri Giants and Okamoto himself during a press conference earlier today. Yahoo Sports Japan (Japanese language link) was among the outlets to report on the news, which comes on the heels of reporting last month that Okamoto was expected to be posted this winter.

Despite that previous reporting, the 29-year-old Okamoto’s was not viewed as a certain thing due in part to Yomiuri’s history of being reluctant to allow their star players to utilize the posting system. Okamoto certainly fits that description, seeing as he’s the club’s captain and a six-time All-Star with two Gold Gloves and three NPB home run titles to his name. He was limited to just 69 Central League games this year due to an elbow injury caused by a collision at first base, but in the 293 trips to the plate he managed to take he raked to the tune of a .327/.416/.598 slash line. He managed 15 homers, 21 doubles, and a triple in less than half a full season’s work with identical 11.3% strikeout and walk rates.

It’s that blend of power and discipline that has led teams to scout Okamoto for the past several years in anticipation of his eventual move stateside. Since his rookie age-22 season back in 2018, Okamoto has hit 274 home runs in 1,039 Central League games. He’s homered once every 16.2 plate appearances in that eight-year stretch with a 17.7% strikeout rate and a walk rate of 10.8%. It’s certainly an impressive resume, and his career .277/.361/.521 slash line in NPB compares quite favorably to the NPB slash lines of current big league sluggers Shohei Ohtani (.286/.358/.500) and Seiya Suzuki (.315/.414/.570). That Suzuki was a better hitter in NPB than Ohtani was should demonstrate the fact that NPB stats don’t always perfectly reflect how a player will perform in the majors.

Much of that is due to the lack of high-end velocity in NPB, which creates uncertainty about how hitters will handle the improved velocity in the majors. Eric Longenhagen of Fangraphs notes that Okamoto’s numbers against heaters greater than 94 mph “fall off a cliff,” which could be a problem seeing as the average four-seam fastball velocity in MLB this season was 94.4 mph. Of course, some of those struggles could simply be due to limited exposure; Longenhagen notes that Okamoto saw only around 200 fastballs at that velocity all season last year. It’s entirely possible his numbers could improve against high-end velocity with more experience facing those types of pitchers, but it’s nonetheless a concern interested clubs will need to consider as they weigh a pursuit of Okamoto’s services.

Another consideration is where Okamoto will be able to play. He’s played around 60% of his NPB games at third base, but has also received plenty of time at first base with an increased workload at that position in recent years plus occasional starts in the outfield corners. One of the corner infield spots seems most likely to be his defensive home in the majors, and while it’s certainly possible there are MLB clubs that view Okamoto as a capable third baseman, Jeff Passan of ESPN suggests that at least some teams view him as better suited for first base, where he’s drawn rave reviews defensively for his work in Japan.

Now that Okamoto is poised to be posted, he’s sure to draw significant multi-year interest in the majors. He’ll face competition from fellow NPB corner infielder Munetaka Murakami in the posting market this winter, who is four years younger than Okamoto with a .270/.394/.557 NPB slash line that’s even more impressive. In terms of stateside players, the biggest names on the first base market are Pete Alonso, Josh Naylor, and Luis Arraez while the third base market is headlined by Alex Bregman and Eugenio Suarez. The Mets, Red Sox, Mariners, Angels, and Padres are among the teams who need help at at least one corner infield spot this winter, while teams like the Diamondbacks, Cubs, Phillies, and Tigers could also make sense depending on how the rest of their roster decisions play out.

Okamoto won’t be officially posted for some time yet, as that process typically begins between late November and mid December. Once he’s been posted, MLB teams will have 45 days to negotiate a contract with Okamoto. The club that ultimately lands him with owe the Yomiuri Giants a posting fee on top of Okamoto’s contract. That fee adds up to 20% of the first $25MM spent on Okamoto, 17.5% of the next $25MM, and 15% of any spending over $50MM. As an example, when the Cubs signed Suzuki during the 2021-22 offseason, the posting fee on that $85MM deal came in at roughly $14.6MM. The posting fee on Yoshinobu Yamamoto’s $325MM contract with the Dodgers, meanwhile, came in at approximately $50.6MM.

Share Repost Send via email

2025-26 MLB Free Agents Newsstand Nippon Professional Baseball Kazuma Okamoto

61 comments

Previewing Qualifying Offer Decisions: Pitchers

By Anthony Franco | October 21, 2025 at 10:02pm CDT

The World Series looms and the offseason will begin around two weeks from now. One of the first key decisions for teams is whether to issue a qualifying offer to any of their impending free agents. Clubs have until the fifth day after the conclusion of the World Series to make QO decisions.

The QO is a one-year offer calculated by averaging the 125 highest salaries in MLB. This year’s price is $22.025MM. Players who receive the QO have around two weeks to get an early feel for the market before deciding whether to accept. If they do, they cannot be traded without their consent until at least June 15 of the following season — as is the case for any MLB free agent who signs a major league deal.

If the player rejects and signs elsewhere, his former team would receive draft compensation. The signing club would forfeit a pick (or picks) and potentially international signing bonus space. The compensation and penalties vary depending on teams’ revenue sharing and luxury tax statuses. MLBTR’s Mark Polishuk recently examined what each team would receive if they lose a qualified free agent, and the penalties they’d pay to sign one.

Yesterday, MLBTR looked at a relatively light class of expected recipients on the position player side. There’s more intrigue with the pitching, which could feature a handful of borderline cases depending on option decisions and health questions.

No-Doubters

  • Dylan Cease (Padres)
  • Edwin Díaz (Mets)
  • Ranger Suárez (Phillies)
  • Framber Valdez (Astros)

This group is straightforward. Valdez and Suárez should easily land nine-figure contracts. Cease will probably begin the offseason with a nine-figure ask of his own based on his durability, plus stuff, and excellent strikeout potential. His 4.55 ERA and general inefficiency in the second half might prevent him from cashing in to that level, but he’d at least be able to command a two- or three-year deal with opt-outs even if his market doesn’t materialize as hoped. There’s no reason for him to accept a one-year deal.

Díaz is expected to opt out of the remaining two years and $38MM on his contract. He wouldn’t do that only to accept a one-year offer at $22MM. He’ll decline the qualifying offer and could look for a four-year deal that pays around $20MM annually.

Likely Recipients

  • Zac Gallen (Diamondbacks)
  • Michael King (Padres)
  • Brandon Woodruff (Brewers)

All of these pitchers seem like comfortable recipients as well, though it’s not 100% certain they’d each decline as the top tier would. Gallen had an up-and-down season that concluded with a 4.83 earned run average over 192 innings. His 21.5% strikeout rate was the lowest of his career, and he struggled with the home run ball for the first time in four seasons. It’s not an encouraging walk year, but he’s only 30 years old and is a few months removed from having a case for a $150MM contract. While he’s not going to get there now, he should be able to land a two-year deal with an opt-out if no team is willing to pay nine figures.

King and Woodruff would’ve been locks to reject the QO had they finished the season at full stride. King missed a couple months with a pesky nerve injury in his throwing shoulder, then lost a few weeks to a knee issue. He returned in the middle of September but didn’t make it beyond five innings in any of his final four starts. The Padres carried him on the playoff roster but had pushed him far enough down the depth chart that they turned to a diminished Yu Darvish to start an elimination game while keeping King in the bullpen. It’s still likely that he’ll decline the qualifying offer and command a multi-year deal, but it’s an uphill battle to the nine-figure money that once seemed to be in the cards.

Woodruff finished the season on the injured list with a lat strain. He’d missed all of 2024 and the first half of this past season rehabbing from a shoulder surgery. In between, he was one of the best pitchers on the planet. He turned in a 3.20 ERA with a 32% strikeout rate across 12 starts. Teams are always on the hunt for playoff-caliber starters, and Woodruff certainly has that kind of ceiling. The durability questions and his age (33 in February) are likely to keep him at two or three years, but he should command a multi-year contract that pays at or above the qualifying offer price.

Borderline Calls

  • Jack Flaherty (Tigers)

Flaherty has a $20MM player option. He’ll only become a free agent if he believes he’s going to beat that on the open market. Would he decline the option just to accept a qualifying offer for an extra $2MM if the Tigers offered it? That seems unlikely but isn’t impossible. He’d have the approximate two-week window after receiving the QO to gauge the market, and if he’s not finding the kind of early interest he’d hope, it could make sense to accept the offer.

The Tigers would need to decide whether it’s worthwhile to take that chance. Flaherty is coming off a middling 4.64 ERA but took the ball 31 times and struck out 27.6% of opponents. There are some similarities to where Nick Pivetta was at this time last year: a reliable source of innings with a plus strikeout/walk profile but concerns about his home run tendency. It was a little surprising that the Red Sox made Pivetta a qualifying offer and even more so that he turned it down. That gamble ended up netting the Sox the #75 pick in the draft. The Tigers, as revenue sharing recipients, would get a pick after the first round if Flaherty declines a QO and still pulls a $50MM+ guarantee from another team (as Pivetta did).

  • Lucas Giolito (Red Sox)

Giolito lost the 2024 season to internal brace surgery. He began this year on the injured list after suffering a Spring Training hamstring strain. He posted an ERA near 5.00 in May before settling in as a productive mid-rotation arm over the next few months. Giolito turned in a 3.03 earned run average across 20 starts and 113 innings from June onward.

A sub-20% strikeout rate raised some doubts about the sustainability of that kind of run prevention. Still, he looked like a reliable third starter who would do well on the open market once he crossed the 140-inning threshold to convert a $14MM team option into a $19MM mutual provision. Luis Severino had a similar profile and commanded three years and $67MM with an opt-out after declining a qualifying offer last winter. While that contract was an overpay to get a free agent starter to pitch at Sutter Health Park, a three-year deal in the mid-$50MM range is still preferable to accepting a QO.

Then came another injury. Giolito suffered flexor irritation and a bone issue in his throwing elbow at the end of the regular season. He did not make the Wild Card roster and would not have been available even if the Red Sox had made a deep postseason run. Giolito told Chris Cotillo of MassLive that there’s no ligament damage and the issue should heal with rest. Whether to make the QO will come down to Boston’s risk tolerance on the elbow.

The Sox’s luxury tax status should also be a consideration. Unofficial public estimates have them narrowly above the $241MM base threshold. If that’s the case, they’d only get a compensatory pick after the fourth round if Giolito rejects a QO and signs elsewhere. It’d fall in the #75 overall range — like the Pivetta pick — if they had stayed below the tax threshold. That won’t be known publicly until MLB releases its final payroll tallies in December, but the team surely has an idea of where they stand.

  • Shota Imanaga (Cubs)

Imanaga has a complex option setup that might keep him from getting to free agency. The Cubs first need to decide whether to exercise a three-year, $57MM option covering the 2026-28 seasons. If they decline, Imanaga has the right to opt out of the remaining two years and $30MM on his deal. If both sides decline their end of the option structure, he’ll be a free agent. The Cubs would then need to decide whether to make the qualifying offer or be content to let Imanaga walk.

The longstanding assumption has been that the team would exercise the three-year option. Imanaga was fantastic in 2024 and carried a 3.08 ERA over 20 starts through the end of August this season. Then he got torched in September (6.51 ERA) and gave up six runs over 6 2/3 innings during two postseason starts. He gave up at least one home run in each of his last nine regular season starts, as well as in both playoff outings. Imanaga surrendered an MLB-worst 20 longballs in the second half.

That’s likely to continue to be a problem. Imanaga’s fastball sits around 90 MPH and he’s an extreme fly-ball pitcher. After striking out more than a quarter of batters faced during his rookie season, that dropped to a slightly below-average 20.6% mark this year. There are a lot of red flags, but he also owns a 3.28 ERA over 318 MLB innings in the last two seasons. How much has the final six weeks soured the Cubs on his future projection?

Unlikely/Long Shots

  • Brad Keller (Cubs)
  • Tyler Mahle (Rangers)
  • Robert Suarez (Padres)
  • Luke Weaver (Yankees)
  • Devin Williams (Yankees)

This group gets a cursory mention largely because there’s often one or two long shot recipients each year. Pivetta and especially Nick Martinez fell into this bucket last winter. Still, it’d register as a major surprise if anyone from this group receives the QO.

Suarez probably has the best chance. He’s one of the game’s best closers and should command a strong two-year deal for his age 35-36 seasons. The Padres have been navigating short-term payroll questions for the past few years, though, and they have Mason Miller as an obvious alternative to handle the ninth inning. Even if they want to give Miller a chance to start, Jeremiah Estrada or Adrian Morejon could close. With bigger needs in the rotation and at first base, they should let Suarez walk.

Mahle had a sterling 2.18 ERA across 16 starts but didn’t miss many bats. He then suffered a rotator cuff strain that cost him three months between mid-June and September. He has battled various shoulder injuries over the past two seasons and underwent Tommy John surgery in 2023. The Rangers are cutting payroll and need to overhaul their lineup. Committing $22MM to Mahle wouldn’t make much sense.

Williams, Keller and Weaver are three of the top relievers in the class. Teams generally reserve the QO for established high-end closers (e.g. Josh Hader, Raisel Iglesias). Williams would’ve been in that group if he’d had a typical platform year, but he finishes his first and probably only season in the Bronx with an ERA near-5.00.

Ineligible

  • Chris Bassitt
  • Shane Bieber
  • Raisel Iglesias
  • Merrill Kelly
  • Zack Littell
  • Nick Martinez
  • Justin Verlander

Players who have previously received a qualifying offer in their careers cannot be tagged with a second one. That rules out Bassitt, Iglesias, Martinez and Verlander. Teams can only make the offer to players who spent the entire preceding season on their roster. Bieber, Kelly and Littell (who would’ve been unlikely anyway) were all traded at the deadline.

Share Repost Send via email

2025-26 MLB Free Agents MLBTR Originals

39 comments

Previewing The 2025-26 Free Agent Class: Designated Hitter

By Anthony Franco | October 21, 2025 at 7:30pm CDT

MLBTR continues its position-by-position look at the upcoming free agent class. Before we move on to the pitching, we’ll wrap up the offensive group by looking at the designated hitters. Every position player technically could play DH, of course, but the vast majority of the class has been covered in one of our prior positional previews. We’ll limit this look to players who are either primary designated hitters or took at least 200 plate appearances at the position this year. Player ages, listed in parenthesis, are for the 2026 season.

Previous entries in this series: catcher, first base, second base, third base, shortstop, center field, corner outfield

Top of the Class

Kyle Schwarber (33)

With the exception of Shohei Ohtani, Schwarber is the top free agent designated hitter in years. He’s going to become the first pure DH to sign a nine-figure contract after blasting an NL-best 56 home runs and leading MLB with 132 runs driven in. Schwarber played in all 162 games and batted .240/.365/.563 over 724 trips to the plate.

Schwarber hit 38+ homers in all four seasons of the free agent contract he’d signed with Philadelphia. He’s going to strike out a lot, but he’s among the five best power hitters in the sport. He’s also adored in the Philly clubhouse, and president of baseball operations Dave Dombrowski has made no secret about their desire to keep him. Schwarber is going to decline a qualifying offer and should be in position for a four-year contract that pays more than $25MM annually. There’s a non-zero chance that a team stretches to five years to push the overall guarantee above $130MM.

Regular DH Options

Josh Bell (33)

The ever streaky Bell alternated bad and excellent months throughout the season. He had a .730 OPS or below in each of April, June and August while posting an .860 or better in May, July and September. The end result was a .239/.326/.421 batting line with 22 home runs across 533 plate appearances. For all his inconsistency within seasons, Bell has reliably ended up as a slightly above-average hitter in each of the past three years. He should command another one-year deal.

Starling Marte (37)

After consecutive seasons of declining production, Marte had a bit of a rebound in a part-time role for the Mets. He hit .270/.335/.410 over 329 plate appearances. Marte only hit seven homers and isn’t the kind of power bat that teams will want as an everyday DH, but he can take 250-300 at-bats while playing a part-time corner outfield role.

Andrew McCutchen (39)

Cutch has signed a series of one-year, $5MM deals with the Pirates over the past few seasons. This year’s .239/.333/.367 line with 13 homers is his worst production of his three-year second stint in Pittsburgh. McCutchen still has a strong awareness of the strike zone, but he’s no longer a threat for 25-30 homers at this stage of his career. It seems likely he’ll work out another cheap one-year deal with the Bucs.

Marcell Ozuna (35)

Ozuna is the cheap alternative to Schwarber as a true everyday designated hitter. He’s only one season removed from being one of the sport’s best offensive players. Ozuna combined for 79 home runs with a .289/.364/.552 slash between 2023-24. He’s coming off an underwhelming walk year at age 34, as he regressed to a .232/.355/.400 batting line with 21 homers over 592 trips to the plate. It’s still above-average offensive output but not great production for a player who hasn’t logged a single inning on defense in two years.

The in-season trend lines were not encouraging. Ozuna hit .280/.426/.457 with nearly as many walks as strikeouts through the end of May. For a while, he looked as if he’d be one of the best rental hitters available at the trade deadline. He then went through a three-month slog in which he hit .185/.300/.362 over 278 plate appearances. That killed any chance of the Braves getting more than marginal salary relief, so they kept him for the stretch run. Ozuna rebounded somewhat to hit .261 in September, but he struck out at a 32% clip and only connected on one home run in the season’s final month. He’ll be limited to a one-year deal that might be half of the $16MM salary he collected this past season.

Jorge Polanco (32)

Polanco’s contract technically contains a $6MM player option, but he’s going to decline that and hit free agency. The Mariners surprisingly re-signed him on the heels of a disappointing 2024 season. Seattle attributed the down year to a knee injury through which he’d played that required postseason meniscus surgery. They’ve been proven right with a resurgent year from the switch-hitting infielder. Polanco drilled 26 homers and 30 doubles with a .265/.326/.495 line.

While Polanco can still hit, he’ll face questions about his defensive workload over 162 games. Seattle initially planned to play him at third base, believing that not needing to navigate the second base bag would be easier on his knee. That lasted five games before renewed soreness and an oblique injury led the M’s to use him as a full-time designated hitter for a while. He began mixing in second base work in June and played there regularly for the final three weeks of the season. He’s a long shot candidate for a qualifying offer but will likely hit free agency without draft compensation. He should get at least a two-year deal and has a chance for three.

Bench Bats

Wilmer Flores (34)

Flores got out to a strong start to the season, popping seven home runs with a penchant for clutch hits in April. He had a pedestrian .245/.315/.365 batting line from the beginning of May onwards. Flores has made a career as a versatile defender who hits left-handed pitching, but he’s essentially limited to DH and first base at this point. He only has a .228/.278/.371 slash against southpaws over the past two seasons and may need to take a minor league deal.

Mitch Garver (35)

Garver logged nearly 400 innings behind the plate as Cal Raleigh’s backup. The Mariners signed him with the expectation that he’d be their primary designated hitter, but he hit .187/.290/.341 in 201 games over two seasons in the Pacific Northwest.

Justin Turner (41)

Turner got $6MM from the Cubs last offseason to work as a veteran righty bat off the bench. He hit .219/.288/.314 over 80 games in his age-40 season and is probably looking at a minor league deal if he continues playing.

Jesse Winker (32)

Winker landed a $7.5MM guarantee to re-sign with the Mets last offseason. He’ll probably be limited to minor league offers this winter after oblique and back injuries limited him to 26 games.

Player Options

Joc Pederson (34)

Pederson will exercise a $16.5MM player option with Texas after hitting .181/.285/.328 over 306 plate appearances. The Rangers will need a huge rebound from a player who’d hit .275/.393/.515 with the Diamondbacks in 2024.

Share Repost Send via email

2025-26 MLB Free Agents MLBTR Originals

58 comments
Load More Posts
Show all
    Top Stories

    Warren Schaeffer To Return As Rockies’ Manager In 2026

    Rangers Trade Marcus Semien To Mets For Brandon Nimmo

    Tigers Among Teams Interested In Ryan Helsley As Starting Pitcher

    Rangers Non-Tender Adolis Garcia, Jonah Heim

    KBO’s Kiwoom Heroes Post Infielder Sung-mun Song

    Latest On Kyle Tucker’s Market

    2025 Non-Tender Candidates

    Braves, Astros Swap Mauricio Dubón For Nick Allen

    Braves Re-Sign Raisel Iglesias

    Mets Release Frankie Montas, Select Nick Morabito

    Orioles Trade Grayson Rodriguez To Angels For Taylor Ward

    A’s Designate JJ Bleday For Assignment

    Tampa Bay To Designate Christopher Morel, Jake Fraley For Assignment

    Astros Designate Ramon Urias For Assignment

    Nine Players Reject Qualifying Offer

    Trent Grisham To Accept Qualifying Offer

    Gleyber Torres To Accept Qualifying Offer

    Shota Imanaga To Accept Cubs’ Qualifying Offer

    Brandon Woodruff Accepts Qualifying Offer

    Rangers Shopping Jonah Heim, Adolis Garcia

    Recent

    Poll: How Aggressively Should The Mets Shop Jeff McNeil?

    Padres To Hire Steven Souza Jr. As Hitting Coach

    Cardinals Re-Sign Yohel Pozo To Major League Deal

    Royals Hire Mike McFerran As Assistant Pitching Coach

    Reds Re-Sign Carson Spiers To Minor League Deal

    Marlins, Kyle Stowers Recently Discussed Extension

    The Best Fits For Kyle Tucker

    Nimmo, Stearns, Young Discuss Semien Trade

    Warren Schaeffer To Return As Rockies’ Manager In 2026

    Trade Rumors Front Office Subscriber Chat Transcript

    MLBTR Newsletter - Hot stove highlights in your inbox, five days a week

    Latest Rumors & News

    Latest Rumors & News

    • Every MLB Trade In July
    Trade Rumors App for iOS and Android App Store Google Play

    MLBTR Features

    MLBTR Features

    • Remove Ads, Support Our Writers
    • 2025-26 Top 50 MLB Free Agents With Predictions
    • Front Office Originals
    • Tim Dierkes' MLB Mailbag
    • 2025-26 Offseason Outlook Series
    • MLBTR Podcast
    • 2025-26 MLB Free Agent List
    • 2026-27 MLB Free Agent List
    • Projected Arbitration Salaries For 2026
    • Contract Tracker
    • Transaction Tracker
    • Extension Tracker
    • Agency Database
    • MLBTR On Twitter
    • MLBTR On Facebook
    • Team Facebook Pages
    • How To Set Up Notifications For Breaking News
    • Hoops Rumors
    • Pro Football Rumors
    • Pro Hockey Rumors

    Rumors By Team

    • Angels Rumors
    • Astros Rumors
    • Athletics Rumors
    • Blue Jays Rumors
    • Braves Rumors
    • Brewers Rumors
    • Cardinals Rumors
    • Cubs Rumors
    • Diamondbacks Rumors
    • Dodgers Rumors
    • Giants Rumors
    • Guardians Rumors
    • Mariners Rumors
    • Marlins Rumors
    • Mets Rumors
    • Nationals Rumors
    • Orioles Rumors
    • Padres Rumors
    • Phillies Rumors
    • Pirates Rumors
    • Rangers Rumors
    • Rays Rumors
    • Red Sox Rumors
    • Reds Rumors
    • Rockies Rumors
    • Royals Rumors
    • Tigers Rumors
    • Twins Rumors
    • White Sox Rumors
    • Yankees Rumors

    Navigation

    • Sitemap
    • Archives
    • RSS/Twitter Feeds By Team

    MLBTR INFO

    • Advertise
    • About
    • Commenting Policy
    • Privacy Policy

    Connect

    • Contact Us
    • Twitter
    • Facebook
    • RSS Feed

    MLB Trade Rumors is not affiliated with Major League Baseball, MLB or MLB.com

    Do not Sell or Share My Personal Information

    hide arrows scroll to top

    Register

    Desktop Version | Switch To Mobile Version