2025-26 MLB Free Agents

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.

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.

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.

We’re moving to the outfield corners, where there are a couple of strong everyday guys but then a huge drop-off to the lower tiers. Ages listed are for the 2026 season.

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

Top of the Class

• Kyle Tucker (29)

Tucker isn’t going into free agency with the ideal amount of momentum. His 2024 season was truncated by a shin fracture. His 2025 campaign was dragged down by a finger fracture and a calf strain. He missed some time and didn’t perform up to expectations in the last few months before hitting the open market.

Regardless, he’s head and shoulders above everyone else listed here. Even with the recent hiccups, he’s been one of the best players in baseball for a few years now. Dating back to the start of 2020, he has a combined .276/.362/.513 batting line and 141 wRC+. He has stolen 113 bases in that time and generally been given strong grades for his defense. FanGraphs has credited him with 25.2 wins above replacement in that stretch, a mark that puts him behind only ten position players.

The injuries may create a bit of uncertainty but his record is otherwise very solid, well-rounded and consistent. For teams looking for a clear and immediate corner outfield upgrade, he’s the obvious choice. Big spenders like the Dodgers, Yankees, Phillies, Blue Jays, Angels, Rangers and Giants have outfield questions and could push the bidding up. Re-signing with the Cubs would be out of character for that club but they clearly love him, since they gave up a lot to get him a year ago. A dark-horse team like the Mariners, Orioles, Tigers or Rays could also be possible. He will receive and reject a qualifying offer from the Cubs and will therefore be attached to the associated penalties, though that will be a small consideration for a player like this.

Everyday Regulars

• Cody Bellinger (30)

It has already been reported that Bellinger will be opting out of his deal, which should come as no surprise. He’ll take a $5MM buyout instead of next year’s $25MM salary, leaving $20MM on the table. That’s an easy decision, as he should be able to top that handily. His previous trips to free agency haven’t yielded the desired long-term deal, but he should be in a better spot this time around. His dismal 2021 and 2022 seasons now seem like distant memories. That’s also true of his 2019 MVP form, but he has settled in as a solid everyday player.

With the Yankees this year, Bellinger hit 29 home runs. He only struck out 13.7% of the time, and he stole 13 bases. His defense was passable in center but above-average in the corners. He slashed .272/.334/.480 for a 125 wRC+. FanGraphs gave him 4.9 fWAR for the season.

There are some questions under the hood. The offense might not be totally sustainable. His batted ball metrics are relatively pedestrian, and he likely benefitted from the short porch at Yankee Stadium. All of this year’s homers were to the pull side. He slashed .302/.365/.544 at home but .241/.301/.414 on the road. He probably won’t be considered an everyday center fielder since he hasn’t done that since 2022. Still, he’s the best corner outfield option apart from Tucker, and there’s a big drop to the next tier. Bellinger won’t receive a QO because he’s already received one in his career and is therefore ineligible. He should get a strong multi-year deal.

• Mike Yastrzemski (35)

After Tucker and Bellinger, there’s a clear drop. Guys like Trent Grisham, Cedric Mullins and Harrison Bader may get consideration for corner jobs but the center field market is also not strong, so they can probably find up-the-middle gigs.

That leaves Yaz as arguably the best solid regular after Tucker and Bellinger. He’s been a decent player for years now. He’s not a superstar but has generally been above-average at the plate and in the field. He’s had five straight seasons with a wRC+ between 99 and 111. He has produced between 3 and 9 Defensive Runs Saved in each of those seasons while Outs Above Average has had him a bit closer to par. FanGraphs has given him between 1.5 and 2.4 WAR in each of those five campaigns.

Despite that track record of reliably decent production, his earning power won’t be huge. A late bloomer, he didn’t break out until his age-28 season. He’s now reaching free agency for the first time just after his 35th birthday. He’ll probably be limited to one-year offers, but a two-year pact isn’t totally out of the question.

Platoon/Bounceback Bats

• Miguel Andujar (31)

Andujar just wrapped up a good season between the Athletics and Reds. He slashed .318/.352/.470 for a 125 wRC+. Most of that damage came against southpaws. The righty bat slashed .290/.331/.429 for a 108 wRC+ against righties but .389/.409/.578 and a 171 wRC+ against lefties. His 2024 production was even more lopsided, with a 192 wRC+ with the platoon advantage and 82 without. In addition to the outfield corners, he also played first and third base this year, so he should find a home somewhere as a lefty masher with some defensive versatility.

• Michael Conforto (33)

Last winter, the Dodgers gave Conforto $17MM on a one-year deal, but it didn’t work out. He hit .199/.305/.333 and was left off the club’s playoff roster. The track record is still decent enough that he could find some club willing to take a bounceback flier. He oddly had reverse splits in 2025, but his career splits are traditional. The lefty swinger has a .249/.351/.460 line and 121 wRC+ against righties in his career and a .233/.318/.391 line and 98 wRC+ against southpaws.

• Randal Grichuk (34)

Grichuk didn’t have a great campaign in 2025, hitting just .228/.273/.401. Even against lefties, he had a subpar .227/.273/.430 slash and 89 wRC+. However, he’s just one year removed from posting a .319/.386/.528 line and 152 wRC+ against southpaws. Even on the heels of that strong showing, he was only able to secure a $5MM guarantee to return to the Diamondbacks, so he should be even more affordable this time.

• Austin Hays (30)

For his career, the righty-swinging Hays has a .282/.340/.479 line against lefties and .253/.301/.416 otherwise, leading to respective wRC+ tallies of 124 and 97. This year was even more extreme, with a .319/.400/.549 line and 155 wRC+ against southpaws and a .249/.286/.422 line and 88 wRC+ without the platoon advantage. Beyond the offense, Hays is considered a strong defender but has been fairly injury prone in the past two seasons.

• Max Kepler (33)

Kepler signed a one-year, $10MM deal with the Phillies last offseason. He thought he was going to be an everyday player, but the Phils mostly shielded him from lefties. He was only sent up to face a southpaw 76 times this year and didn’t fare well. He also didn’t hit righties, turning in a .216/.305/.399 line and 93 wRC+. However, his career numbers are better, with a .240/.324/.446 line and 107 wRC+ with the platoon advantage. He’s solid with the glove, but his rough season at the plate should give him less earning power compared to a year ago.

• Starling Marte (37)

Marte had a good season at the plate, slashing .270/.335/.410 for a 112 wRC+, but mostly as a designated hitter. The Mets only put him out on the grass for 65 innings. Given his age and injury history, he probably can’t be counted on for much more than that going forward.

• Rob Refsnyder (35)

Refsnyder is turning 35 in March but he just keeps hitting lefties. For his career, he has a .281/.383/.443 line and 129 wRC+ with the platoon advantage. In 2025, he was even better, putting up a .302/.399/.560 line and 159 wRC+ against southpaws. There was previously some suggestion he was flirting with retirement, but he plans to play in 2026.

• Austin Slater (33)

Slater has generally been solid against lefties in his career, but his past two seasons have been rough. Overall, he hit .212/.299/.314 for a 77 wRC+ during the 2024 and 2025 seasons. That included some league-average production against southpaws in 2025, but injuries limited him to just 65 games on the year. His career .267/.357/.430 line and 119 wRC+ against lefties will get him some interest, but his recent struggles and injuries will tamp down his earning power.

• Lane Thomas (30)

Thomas is coming off an injury-marred season. He only appeared in 39 games. He underwent surgery to address his plantar fasciitis in September, a procedure that comes with a recovery timeline of three to four months. He’s not too far removed from a 28-homer season in 2023, but even at his best, he did most of his damage against lefties. He has a career .292/.359/.500 line and 135 wRC+ versus southpaws and a .220/.287/.383 line and 84 wRC+ when facing righties. In addition to his bat, he can steal bases and play a passable center field, but his health situation clouds his status somewhat.

• Jesse Winker (32)

Winker’s a good hitter but his health comes and goes. He only played 61 games in 2023 due to back problems. He bounced back in 2024, showing enough that the Mets gave him $7.5MM on a one-year deal for 2025. However, oblique and back issues limited him to just 26 contests this past year. His track record enough to get him interest, but he’s never been a good defender and the injuries keep pushing him more firmly towards full-time designated hitter status.

Depth Types

• Mark Canha (37)
• Bryan De La Cruz (29)
• Adam Frazier (34)
• Jason Heyward (36)
• Sam Hilliard (32)
• Connor Joe (33)
• Jarred Kelenic (26)
• Tommy Pham (38)
• Hunter Renfroe (34)
• Chris Taylor (35)
• Alex Verdugo (30)

Options/Opt-Outs

• Lourdes Gurriel Jr. (32)

Gurriel can opt out of his deal, walking away from the one year and $18MM guarantee he’s still owed. He won’t do it though. He suffered a torn right ACL in September. The surgery comes with a recovery timeline of nine to ten months, putting him out of action through at least the first half of 2026.

• Ramón Laureano (31)

The Padres can retain Laureano for 2026 via a $6.5MM club option. That’s a bargain, considering he just hit .281/.342/.512 for a 138 wRC+ and was credited with three wins above replacement by FanGraphs. The Padres have ongoing financial issues but should pick up the option without much thought. Even if they don’t want to pay Laureano themselves, he’d have plenty of trade value (though it’s likely he’s their regular left fielder next year).

• Tyler O’Neill (31)

O’Neill can opt out of his deal, walking away from the two years and $33MM he is still owed. But injuries limited him to 54 games and a dismal .199/.292/.392 showing in 2025, so it would be silly of him to trigger that opt-out.

Photo courtesy of Rick Scuteri, Imagn Images

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.

We’ll start with a look at the position players, with a preview of the pitchers to come later in the week. While there may be some close calls on the pitching side, there shouldn’t be a ton of intrigue with the hitting decisions. Many of this year’s top free agent hitters are ineligible for a qualifying offer, meaning there’ll probably only be four who receive it — each of whom would have a relatively easy decision to decline.

No-Doubters

• Bo Bichette (Blue Jays)
• Kyle Schwarber (Phillies)
• Kyle Tucker (Cubs)

There’s not much to say about this trio. They’ll all receive and reject a QO. Tucker could seek a contract north of $400MM, while Bichette should aim for $200MM+ despite a late-season knee sprain. Schwarber’s age and lack of defensive value will keep him below $200MM, but he’s going to easily beat $22MM per season on what should at least be a four-year contract.

Likely Recipient

• Trent Grisham (Yankees)

Grisham is a safe bet to receive the qualifying offer as well, though that’s perhaps more of a 90-95% likelihood than the absolute locks of the top tier. It should be an easy call for him to decline on the heels of a 34-homer breakout that is supported by impressive batted ball metrics. Even with a dip in his typically strong defensive grades, Grisham has a shot at a four- of five-year deal going into his age-29 season. He’s the top center fielder in the class.

The only argument against the Yankees issuing the QO is that they’d receive the lowest compensation as a luxury tax payor: a pick after the fourth round. If they feel there’s even a 10% chance of Grisham accepting, maybe they’d rather not risk committing $22MM and an accompanying $24MM in luxury taxes within the first two weeks of the offseason. Still, one imagines they’d happily take Grisham back on the off chance that he were willing to accept a one-year guarantee.

Long Shots

• Jorge Polanco (Mariners)
• Gleyber Torres (Tigers)

Polanco has had a huge second season in Seattle. He hit 26 homers with a .265/.326/.495 slash across 524 regular season plate appearances. His .703 OPS in the postseason isn’t great overall, but he has drilled three more home runs (including two off Tarik Skubal in a Game 2 victory in the Division Series). It’s arguably the best offensive performance of his career after accounting for the difficulty of hitting at T-Mobile Park. All that said, it’s difficult to see the Mariners offering $22MM to a 32-year-old whose defensive home is in question because of knee injuries. There’s a strong chance Polanco would accept, as his age and durability issues should cap him at a three-year deal even if he’s not attached to draft compensation.

Torres was on track to receive a qualifying offer after hitting .281/.387/.425 in an All-Star first half. He subsequently hit .223/.320/.339 and underwent postseason sports hernia surgery. While the injury offers an explanation for the late-season drop in production, it’s likelier that Torres is who he is: an above-average but not great hitter who plays a mediocre second base. He finished his lone season in Detroit with a .256/.358/.387 line with 16 homers, similar numbers to those he posted (.257/.330/.378) during his walk year with the Yankees. That got him a $15MM free agent deal. It’s tough to see Detroit offering him an extra $7MM and potentially locking that money up by mid-November.

That’s essentially it for any hitters with an outside chance to receive a QO. The only other player who even received consideration in this tier is Luis Arraez. While he still has the game’s best contact skills and is a good bet to hit .300, there’s just not enough overall impact to justify a $22MM salary. Of the 32 first basemen who tallied 400+ plate appearances, Arraez ranked 19th in on-base percentage (.327) and 26th in slugging (.392).

Ineligible

• Pete Alonso
• Harrison Bader
• Cody Bellinger
• Alex Bregman
• Ha-Seong Kim
• Josh Naylor
• Ryan O’Hearn
• J.T. Realmuto
• Trevor Story
• Eugenio Suárez

Players who have previously received a qualifying offer in their careers cannot be tagged with a second one. That rules out Alonso, Bellinger, Bregman, Realmuto and Story (who seems unlikely to opt out anyway). Teams can only make the offer to players who spent the entire preceding season on their roster. Bader, Naylor, O’Hearn and Suárez were all traded at the deadline. The Braves claimed Kim off waivers from Tampa Bay in September.

Since we just looked at what teams would stand to receive in draft compensation if they lost a free agent who rejected a qualifying offer, now it’s time to explore what each team would have to give up in order to sign a QO-rejecting free agent.

To recap the mechanics: if a free agent has played the entire 2024 season with a team and he has never received a qualifying offer in the past, he is eligible to be issued a QO within five days of the end of the World Series.  The qualifying offer is a one-year deal worth the average of the salaries of the top 125 highest-paid players in the majors, and this winter, the QO is worth $22.025MM.  An eligible free agent can simply accept the QO and thus avoid free agency entirely, but if he rejects the QO, his former team is now in line to receive some draft-pick compensation if the free agent signs elsewhere.  This only relates to qualified free agents from other teams, as a club can re-sign its own qualified free agents with no penalty.

Here is the (mostly set) rundown of what every team will have to give up if they sign qualified free agent.…

Revenue Sharing Recipients: Diamondbacks, Rockies, Reds, Brewers, Pirates, Marlins, Athletics, Mariners, Tigers, Royals, Twins, Guardians, Orioles, Rays

Should one of these clubs sign a qualified free agent, they will have to give up their third-highest selection in the 2026 draft.  Since most of these smaller-market teams are part of the Competitive Balance bonus rounds of the draft, their third-highest pick likely won’t mean their third-round pick, and the situation could be further complicated if any of the teams trade from their CBR picks.  The Competitive Balance selections are the only draft picks eligible to be traded — for the 2025 draft, five total picks over the two CBR rounds were made by teams who acquired those selections in trades prior to draft day.

These lower-spending teams usually don’t splurge on bigger-name free agents in general, yet last offseason saw the Diamondbacks sign Corbin Burnes, and the Athletics (!) sign Luis Severino.  The Tigers also made a push to land Alex Bregman, and Detroit might feel more pressure about sealing the deal on a splashy move this winter since Tarik Skubal is only a year away from free agency.  The Orioles or Reds could be candidates to spend a little more than usual, with Cincinnati trying to build on a playoff appearance and Baltimore trying to bounce back from a disappointing 2025.  Seattle could also explore qualified free agents, but the M’s are more likely to first focus on trying to re-sign one of their own guys in Josh Naylor, who isn’t eligible for a QO.

Teams Who Don’t Receive Revenue-Sharing Funds, And Who Didn’t Pay The Competitive Balance Tax: Giants, Cardinals, Cubs, Braves, Nationals, Angels, White Sox

For signing a qualified free agent, these teams would have to surrender their second-highest pick of the 2026 draft, and also $500K from their bonus pool during the next international signing period.

The rebuilding Cardinals and White Sox and won’t be spending big in free agency.  The same is very likely true of the Nationals, whose own rebuild period is likely to be extended since new president of baseball operations Paul Toboni will need time to evaluate (and overhaul) the organization.  Texas is planning to either stand pat on spending or reduce payroll.

Under Alex Anthopoulos, the Braves have generally been more inclined to build their roster through trades or their own farm system rather than long-term free agent deals, but Atlanta could change tactics after a losing season in 2025.  The Angels figure to be active in free agency, even if spending bigger on a qualified free agent might not necessarily be on the radar.  San Francisco signed qualified free agent Willy Adames last winter, and are again expected to at least check in many of the major free agent names.  There doesn’t appear to be much optimism that the Cubs will re-sign Kyle Tucker, but they could respond to a Tucker departure by making some other prominent signings.

Part of the equation for these clubs and the clubs in the next two categories could be what other picks they’re receiving this winter, to balance out their draft capital.  For instance, if Tucker rejects a QO and signs elsewhere, the Cubs would get a compensatory pick just before the start of the third round of the draft.  While a lower selection than whatever Chicago’s second-highest pick would be, getting another draft pick back and then losing a pick to sign a qualified free agent somewhat makes it a wash for the Cubs.

Teams In Limbo: Astros, Rangers, Red Sox

As noted in the last post, it won’t be known until December (when the luxury tax numbers are officially calculated by the league) whether or not the Astros managed to sneak under the $241MM tax threshold. RosterResource has Houston slightly under the threshold while Cot’s Baseball Contracts has the Astros slightly over the line.  Given this discrepancy and the narrow margins involved, we’ll keep the Astros in their own special grouping until the league issues the official Competitive Balance Tax numbers in December.

Since Houston were tax-payors in 2024, the Astros might have reset their CBT status if they were indeed able to stay under the $241MM line.  Being a two-time payor means an escalating tax rate, and that tax bill would keep escalating if the Astros again finished over the $244MM threshold in 2026.  Caveat: the collective bargaining agreement expires after the 2026 season, so the qualifying offer system or luxury tax system might very well be adjusted or even heavily changed in a new CBA, so a repeater-tax status might no longer be a concern to the Astros or other teams.

Staying under the 2025 tax line also means the Astros could be more willing to explore signing qualified free agents, though their tax-payor status last winter didn’t stop the team from signing Christian Walker.

As noted in the previous post, the Rangers could end up as tax-payors and the Red Sox may have ducked under the tax line, depending on the league’s final calculations. Boston seems the likelier of those two teams to sign a qualified free agent, as the Rangers are expected to reduce payroll this offseason.

Competitive Balance Tax Payors: Padres, Dodgers, Mets, Phillies, Yankees, Blue Jays

As one would expect, these teams face the stiffest penalties.  For signing a QO-rejecting free agent, these clubs would have to give up $1MM in international bonus pool money, as well as two draft picks — their second- and fifth-highest selections in the 2026 draft.

All seven of these clubs are clearly in win-now mode, so the higher penalties shouldn’t be much of an obstacle towards a pursuit of qualified free agents in most cases.  (The Padres are the probable exception since they’re operating within a narrower payroll margin.)  Since every team would prefer to keep their draft picks if they can help it, the tax payors might target non-qualified free agents who aren’t tied to draft compensation.  For instance, while the Dodgers are expected to at least check in Tucker’s market, Los Angeles could consider any number of other free agents before aiming at the outfielder that will cost the most in both contract size and additional draft penalties.

Since re-signing your own QO-rejecting free agent comes with no penalty, this could make some of these clubs more inclined to retain their own impending free agents rather than seek out new talent. The Phillies have been public with their desire to keep Kyle Schwarber, and the Blue Jays will undoubtedly be keeping tabs on Bo Bichette.

Should a club sign more than one qualified free agent, they will have to additionally forfeit their next-highest draft pick. For signing two QO-rejecting free agents, the revenue-sharing group would have to give up their third- and fourth-highest picks in the 2026 draft. The teams who didn’t exceed the CBT or receive revenue-sharing funds would have to give up their second- and third-highest picks, as well as $500K more of their international bonus pool. The luxury tax payors would face the heftier penalty of losing four draft picks — their second, third, fifth, and sixth-highest selections.

The qualifying offer is one of the key mechanisms of free agent season, as teams have until five days after the end of the World Series to decide whether or not to issue the one-year contract (this winter worth $22.025MM) to eligible free agents.  If a player has played with his team throughout the entire 2025 season and hasn’t received a QO in the past, he is eligible to be issued a qualifying offer, and thus the player can opt to accept the one-year pact and forego free agency altogether to stick with his club.

If the player rejects the QO, his former team is now in line to receive a draft pick if the free agent signs elsewhere.  Here is the (mostly set) rundown of what every team will receive should one of their qualified free agents indeed head to another club….

Revenue Sharing Recipients: Diamondbacks, Rockies, Reds, Brewers, Pirates, Marlins, Athletics, Mariners, Tigers, Royals, Twins, Guardians, Orioles, Rays

If any of these teams has a QO-rejecting free agent who signs elsewhere for more than $50MM in guaranteed money, the compensatory pick falls after the first round of next year’s draft.  (For instance, the Orioles received both the 30th and 31st overall picks in the 2025 draft since qualified free agents Corbin Burnes and Anthony Santander each signed for more than $50MM with their new teams.)  If a team has a QO-rejecting free agent who signs elsewhere for less than $50MM guaranteed, the compensatory pick in the 2026 draft would come between Competitive Balance Round B and the start of the third round, which is usually somewhere in range of the 70th-75th overall selection.

Looking at these teams’ members of the 2025-26 free agent class, the Diamondbacks’ Zac Gallen and the Brewers’ Brandon Woodruff are the only likely-to-reasonable qualifying offer candidates.  You could also make a case for the Tigers issuing Jack Flaherty a QO if he rejects his $20MM player option for 2026.  Notable impending free agents like Seattle’s Josh Naylor and Eugenio Suarez are examples of players who are ineligible for the QO because they only joined the Mariners partway through the season.

Teams Who Don’t Receive Revenue-Sharing Funds, And Who Didn’t Pay The Competitive Balance Tax: Giants, Cardinals, Cubs, Braves, Nationals, Angels, White Sox

For these teams, their compensatory 2026 draft pick for losing a qualified free agent would also fall between CBR-B and the start of the third round (regardless of whether or not the player signed for at least $50MM).  The Red Sox were a member of this group in 2024 because they weren’t tax-payors, and thus Boston received the 75th overall pick of the 2025 draft as compensation when Nick Pivetta rejected a qualifying offer and subsequently signed with the Padres.

The chief name to watch here is Cubs outfielder Kyle Tucker, who will probably command the largest deal of any player in the 2025-26 free agent class.  Chicago could also issue a QO to Shota Imanaga if he becomes a free agent, but that would first require the Cubs to decide on a series of club options and attached player options for Imanaga, so quite a few hoops have to be jumped through for Imanaga to actually hit the open market.

Teams In Limbo: Astros, Rangers, Red Sox

It is usually pretty obvious which teams are well over or well under the luxury tax threshold ($241MM in 2025), and sites like RosterResource and Cot’s Baseball Contracts do a great job of estimating the ebbs and flows of each team’s tax status over the course of a season or multiple seasons.  The league’s accounting office naturally has the full set of salary data from each team, and thus we won’t know each club’s official status until MLB releases their information in December.

For now, we’ll keep Houston in its own little category because its tax status isn’t entirely clear.  RosterResource has the Astros with an approximate tax number of $238.2MM that keeps them under the threshold, while Cot’s has Houston over the line with a $244MM tax number.  If the Astros have indeed exceeded the tax line for a second straight year, they’ll face the increased “second-time payor” surcharge of 30% on every dollar spent over $241MM, which works out to $900K if Cot’s $244MM projection is accurate.

While the actual tax bill of $900K is negligible, the more sizeable impact for the Astros would be in regards to impending free agent Framber Valdez.  The veteran southpaw will surely be issued a qualifying offer, so if he signs elsewhere, the Astros’ pick will sit before the start of the third round if it turns out that they stayed under the tax threshold.  If their tax number is indeed more than $244MM, Houston joins the next category of teams.

Two other teams merit consideration for the “limbo” zone.  Both Cot’s and RosterResource had Texas staying under the tax line, and both sites had the Red Sox over going the line, but those are unofficial estimates within a reasonable margin of error in either direction.  Since those projections were all within $5.5MM of the CBT threshold, however, that’s enough of a margin of error that the league’s final calculations might tell a different story.  Reporting from the Dallas Morning News’ Evan Grant and DLLS Sports’ Jeff Wilson at the trade deadline indicated that the Rangers exceeded the tax threshold.

The Rangers don’t have any free agents who should get consideration for a qualifying offer anyway. Merrill Kelly is ineligible after changing teams midseason, and no one else in their group of impending free agents warrants a salary in the $22MM range. Tyler Mahle might’ve been on that path, but he missed a few months midseason with a rotator cuff injury. Boston’s Lucas Giolito is a borderline QO case, plus his season-ending elbow issue may weigh into whatever decision the Red Sox make on the qualifying offer front.

Competitive Balance Tax Payors: Blue Jays, Dodgers, Mets, Phillies, Padres, Yankees

If a team exceeds the luxury tax line, their compensatory pick falls after the fourth round of the 2026 draft.  As an example, the Braves were tax-payors in 2024, so they got the 136th overall pick in the 2025 draft when Max Fried rejected Atlanta’s qualifying offer and signed with the Yankees.

As it turns out, many of the most obvious qualifying-offer candidates of this winter’s free agent class happen to come from tax-paying teams.  The Phillies have Kyle Schwarber and Ranger Suarez, the Padres have Dylan Cease and Michael King, the Blue Jays have Bo Bichette, the Mets have Edwin Diaz (who is likely to opt out of his deal to re-enter the market), and Trent Grisham’s career year with the Yankees makes him a likely QO candidate.

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.

We’re moving to center field, a position that has been weak in free agency for the past few years. That’s again the case this winter, as the handful of potential regulars face questions about their offensive consistency and/or how long they can play up the middle. Ages listed are for the 2026 season.

Previous entries in this series: catcher, first base, second base, third base, shortstop

Everyday Players

Trent Grisham (29)

Grisham has gone from fourth outfielder to the top center fielder in the class within six months. He picked a great time for the best season of his career. Grisham connected on 34 home runs, doubling his previous season high. He pushed his already strong walk rate to a career-high 14.1% clip while cutting his strikeouts (23.6%) to the lowest mark in four years. The end result was a .235/.348/.464 slash line across 581 plate appearances. He spent most of the season hitting atop the Yankee lineup in front of Aaron Judge.

It’s not entirely fair to say that came out of nowhere. Grisham is a former top prospect who had a couple strong seasons with the Padres early in his career. He had hit just .191/.298/.353 in nearly 1300 trips to the plate from 2022-24, however, so almost no one would have seen a season like this coming.

The breakout was neither a product of batted ball luck nor Yankee Stadium. Grisham posted well above-average marks in hard hit rate, barrels and average exit velocity. Statcast’s expected batting average and slugging percentage (based on his plate discipline, exit velocities and launch angles) were even better than his actual production. That doesn’t necessarily mean the numbers are sustainable. Even if this year’s results were “deserved,” there’s no guarantee he’ll continue swinging the bat as well as he did.

While this was a career year offensively, Grisham’s defensive grades went the other way. Both Statcast and Defensive Runs Saved had graded him as an average or better defender in every previous season. That was not the case this year, with DRS (-11) particularly down on his work. Grisham’s speed has trended down over the past few seasons and he’s now one of the slower center fielders in MLB.

It leaves teams with a difficult evaluation. Will Grisham remain an impact bat at the top of a lineup? How much longer will he stick in center field? He’s one of the most high-variance players in the entire free agent class. The Yankees should make him a qualifying offer, which he’d almost certainly decline. That’d entitle them to a compensatory pick after the fourth round while costing a signing team draft (and potentially international bonus pool) compensation. A four- or five-year deal could be on the table.

Cody Bellinger (30)

Bellinger is opting out of the final year on his contract with the Yankees. New York won’t be able to make him a qualifying offer because he already received one from the Cubs after the 2023 season. Bellinger won’t be attached to draft compensation and should pull a larger contract than Grisham, potentially in the nine figures.

It’s unclear if any team would make that kind of offer for Bellinger to play center field every day. He hasn’t reached 500 innings at the position in either of the past two years. The Cubs split him evenly between center and right in 2024. The Yankees gave him 38 starts and a little over 300 innings in center while playing him more often in the corners. Bellinger still runs well and grades as a strong corner defender, though the hope would probably be for league average glovework if a team plays him in center.

Bellinger hit 29 homers while slashing .272/.334/.480 across 656 plate appearances. His left-handed swing seemed tailor made for Yankee Stadium, as he hit .302/.365/.544 with 18 longballs at home. His pedestrian road numbers (.241/.301/.414) could give some teams pause, and Belllinger’s middling exit velocities have been a talking point for the past few years. He very rarely strikes out, though, and he’s coming off his second well above-average offensive season in the past three years.

Harrison Bader (32)

Bader will decline his end of a $10MM mutual option in favor of a $1.5MM buyout. He hits the market for a third consecutive offseason. His past two trips resulted in one-year deals. Bader should find a multi-year pact this time around, and there’s an outside chance he commands a three-year deal.

A plus runner with excellent range and a strong arm, Bader has been a fantastic defender throughout his career. Even at 32, he’s the best defensive center fielder on the open market (assuming the White Sox pick up their option on Luis Robert). Bader split his 2025 season almost equally between left and center, but that was only because he spent the first half playing in the same Minnesota outfield as Byron Buxton. He was a full-time center fielder after being traded to the Phillies at the deadline.

The question is how much of this year’s personal-best offensive output is sustainable. Bader slashed .277/.347/.449 with a career-high 17 home runs in 501 plate appearances. He set new high water marks in batting average and on-base percentage. His slugging output was the second-best of his career behind his 2021 season with St. Louis.

Bader’s underlying offensive metrics are not as encouraging. He struck out at a 27.1% clip, his highest rate in five seasons. He made more hard contact than he had in prior years, but Statcast estimators feel he dramatically outperformed his expected batting average and slugging percentage. He’s unlikely to hit .359 on balls in play again. Teams will expect him to take a step back offensively. He should land somewhere in between this year’s production and the .239/.284/.360 slash he posted over the prior three seasons.

Low-End Regulars/Fourth Outfielders

Cedric Mullins (31)

A few months ago, Mullins had an outside chance at a nine-figure deal. He started the year on fire, hitting .278/.412/.515 with six home runs through the end of April. He was on pace for his best season since he was a top ten MVP finisher four years ago.

Things fell apart. Mullins had a sub-.650 OPS in four of the final five months. He hit .198/.263/.355 in 379 plate appearances from May 1 onward. A deadline trade to the Mets didn’t serve as the turning point they’d hoped. Mullins hit .182/.284/.281 over 42 games in Queens. He was essentially relegated to fourth outfield work as the team squandered a playoff berth.

Mullins still logged over 1000 innings in center field. Defensive metrics have been mixed on him throughout his career. Statcast grades him as a generally rangy defender but rates his arm as one of the worst in the league. He’ll probably find a team willing to play him every day, but he’s likely looking at a one-year deal.

Lane Thomas (30)

While Thomas is probably better suited for right field, the Guardians mostly used him in center. Cleveland paid a decent prospect price to acquire Thomas from Washington at the 2024 deadline. It didn’t work out (postseason homer off Tarik Skubal aside), as he hit .189/.258/.340 over 329 plate appearances with the Guardians. That includes a .160/.246/.272 slash over 39 games this season. Thomas dealt with a right wrist injury early in the season and tried to play through plantar fasciitis in his right foot. He had three separate injured list stints overall.

Thomas is only two seasons removed from hitting 28 homers and stealing 20 bases for the Nats. He was an above-average regular who feasted on left-handed pitching at his best. He’ll need to take a one-year deal after how poorly things went in Cleveland.

Team Options

Luis Robert Jr. (28)

Robert isn’t likely to get to the market. The White Sox hold a $20MM club option that comes with a $2MM buyout. The $18MM difference is substantial for a player who has been a below-average hitter in consecutive seasons. The White Sox maintained a high asking price on Robert in trade talks, though, and GM Chris Getz has implied that they’ll exercise the option. There’s another $20MM option for 2027, so there’s still some long-term upside if Robert recaptures the form he showed earlier in his career.

Minor League Deal Candidates

• Garrett Hampson (31)
• Travis Jankowski (35)
• Jorge Mateo (31)
• Jose Siri (31)
• Leody Taveras (27)
• Chris Taylor (35)
• Tyler Wade (31)

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.

We’re moving to shortstop, where there is one guy clearly above the rest of the pack, though even he comes with notable question marks. The market behind him will be shaped by a couple of key option decisions. Ages listed are for the 2026 season.

Previous entries in this series: catcher, first base, second base, third base

Top of the Class

• Bo Bichette (28)

Bichette will hit free agency at a relatively young age and coming off a strong season at the plate. Apart from an injury-marred 2024, his offense has been consistently above average. Through the end of 2023, he had a .299/.340/.487 line and 126 wRC+. He has never drawn tons of walks but is also tough to strike out. He had a 143 wRC+ in his brief 2019 debut but then was in the 120-129 range in four straight seasons after that.

As mentioned, he struggled badly while playing through a number of injuries last year. The end result was a .225/.277/.322 line and 70 wRC+. This year, until recently, he was healthy and back to his old self. He finished 2025 with a .311/.357/.483 line and 134 wRC+.

There’s no doubting the bat but there are other questions. Bichette’s defense has never been highly rated. Defensive Runs Saved has given him a -19 grade in his career. Outs Above Average puts him at -32. His 2025 season resulted in -12 DRS and -13 OAA. Those numbers from this year were both last among shortstops.

Then there’s the health stuff. Bichette has dealt with lower body injuries in three straight seasons now. Right knee and quad injuries sent him to the injured list late in 2023. Last year, it was mostly his right calf which was causing him problems. This year, he suffered a sprain of the posterior cruciate ligament in his left knee in a collision with Yankee catcher Austin Wells, as seen in this clip from MLB.com. He’s now been out more than a month, having missed the end of the regular season and all of Toronto’s postseason run so far.

In recent years, strong everyday shortstops like Willy Adames, Dansby Swanson, Javier Báez and Trevor Story have earned guarantees in the $140-$182MM range. Bichette is a better hitter than anyone in that group was when they hit free agency. He’s also a year younger than they all were. The questions about his defense and health should dock him somewhat but he should still have plenty of earning power. Perhaps not many clubs view him as a viable shortstop but the bat is good enough that it might not matter. Marcus Semien got $175MM to move to second base and Bichette could follow that path.

Two Big Option Decisions

• Ha-Seong Kim (30)

Kim can opt out of the final year of his contract, which would mean leaving $16MM on the table. He isn’t coming off a great season, having hit just .234/.304/.345 for a wRC+ of 82. However, he is at least healthy. Last offseason, he got a two-year, $29MM guarantee even though he was recovering from shoulder surgery and was slated to miss the beginning of the season. He’s unlikely to secure a massive deal, but another two-year deal with an opt-out should be available to him, especially with so few viable alternatives on this list.

Prior to his shoulder surgery, he had a strong run with the Padres. From 2022 to 2024, he slashed .250/.336/.385 for a 106 wRC+ while stealing 72 bases and providing quality defense at various positions. FanGraphs credited him with 10.5 wins above replacement over those three seasons, a pace of 3.5 WAR annually. He didn’t immediately bounce back in 2025 but perhaps he can find a new gear now that he’s further removed from surgery.

• Trevor Story (33)

Story is arguably in the inverse position of Kim. He had a better season in 2025 but has less of a case for opting out. He had roughly league average offense this year but that includes a slow start after three injury-marred years. Once he got in a groove, he stayed in it. He had a .216/.260/.326 line and 59 wRC+ through the end of May but then slashed .289/.334/.492 for a 124 wRC+ from June onwards. He also stole 31 bases on the year.

However, his defense was graded poorly and he is about to turn 33 years old. He has two years and $55MM left on his deal. Despite his strong season, his age and injury history may scare teams away from investing in him. He may be tempted to trigger the opt-out, as that forces the Sox to decide whether or not to keep him by triggering his 2028 club option. But since his contract looked like an albatross just a few months ago, the Sox might be happy to let him walk. They could try Marcelo Mayer at short and then use Story’s money to re-sign Alex Bregman or add pitching.

Multi-Positional Types

• Willi Castro (29)

Castro had a solid few years with the Twins but his production cratered at the worst time. He slashed .251/.334/.395 for a 107 wRC+ over 2023 and 2024 while stealing 47 bases and bouncing all around the diamond. His numbers this year were right on that pace until he was traded to the Cubs. After the swap, he hit .170/.245/.240 for a wRC+ of 40. That awful finish will cut into his earning power and he’s not a strong enough defender to be an everyday shortstop anyway. But he can play there in a pinch while also being an option basically everywhere else. He doesn’t have a ton of juice but even light-hitting utility types have value. The Blue Jays gave Isiah Kiner-Falefa $15MM over two years heading into 2024, for instance, and IKF has never had an above-average offensive season.

• Isiah Kiner-Falefa (31)

Speaking of which, that two-year pact is about to expire, meaning IKF will be back out there again this winter. The Jays traded him to the Pirates last year but got him back via a waiver claim here in 2025. He hit .266/.302/.356 for a wRC+ of 84 over the course of the deal but was still worth 2.8 fWAR thanks to his 26 stolen bases and strong glovework at various positions. He’s currently getting a decent amount of playing time from a club on the doorstep of the World Series. It’s not the most exciting profile but IKF is a more viable defensive shortstop than Castro. Considering the lack of options on the market, someone should be able to find a role for him.

• Miguel Rojas (37)

Rojas has said he plans to retire after 2026 and hopes that he can stay with the Dodgers for his final season. He’s been pretty solid in the past couple of years, hitting .273/.328/.404 for a 105 wRC+ while continuing to be a viable defender around the dirt. If it’s not with the Dodgers, some other club would be happy to utilize him in a similar bench/utility role.

Minor League Deal Candidates

• Tim Anderson (33)
• Orlando Arcia (31)
• Dylan Moore (34)
• Kevin Newman (32)