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Kohei Arihara Signs With NPB’s Hokkaido Nippon-Ham Fighters

By Charlie Wright | December 26, 2025 at 10:38pm CDT

Former Rangers right-hander Kohei Arihara’s bid to return to MLB is over. The veteran will remain in NPB, signing a four-year deal with the Hokkaido Nippon-Ham Fighters, reports Yuri Karasawa of World Baseball Network (Yakyu Cosmopolitan on X). Arihara will earn about $15.4MM, adds Karasawa.

After three seasons with the SoftBank Hawks, Arihara became a free agent on December 2. Reports emerged in late November that the righty was considering coming stateside. Instead, he’ll head back to the team he debuted with back in 2018. Arihara’s solid results with the club from 2018 to 2020 earned him a big-league look with the Rangers. After two injury-plagued MLB seasons, Arihara returned to NPB in 2023. He posted three strong years with the Hawks, including a 2.36 ERA over 26 starts in 2024.

It’s unclear if Arihara was generating interest at the MLB level. The notion that he would leave NPB may have been a negotiating tactic, and it seems to have worked. As Karasawa points out, the AAV of Arihara’s contract approaches $4MM, a hefty number by NPB standards. 

Arihara’s stint in MLB was ruined by a serious shoulder injury. After a handful of decent outings to open his career, the righty was slowed by an arm issue that ended up being an aneurysm in his throwing shoulder. Surgery knocked him out until the final month of the 2021 season. He was hammered for nine earned runs over 12 innings once he returned to the mound. Arihara made it back up with the Rangers the following year, but posted a 9.45 ERA across 20 innings. He was designated for assignment in September 2022 and hit free agency at the end of the season.

Photo courtesy of Jim Cowsert, Imagn Images

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Nippon Professional Baseball Kohei Arihara

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Padres Considering Song In Outfield

By Charlie Wright | December 26, 2025 at 10:00pm CDT

San Diego landed Sung Mun Song on a four-year, $15MM deal last week. The KBO star is headed toward a versatile role with the Padres, which could include opportunities in the outfield. Song never appeared in the outfield during his time in the KBO, but manager Craig Stammen mentioned the position as a possibility.

“Wherever we can get his bat in the lineup, that’s what we’re going to try to do. And we want to find a spot for him where he can be productive for the Padres, and there’s a lot of different places that I think he can fit,” Stammen told reporters, including Jeeho Yoo of Yonhap News.

Song has bounced around the diamond in his career, spending considerable time at first base, second base, and third base. He’s been mostly at the hot corner in recent seasons, including 108 starts at the position in 2025. The Padres obviously have Manny Machado locked in at third base, though he could spend more time at DH as he enters his age-33 season.

The right side of San Diego’s infield is far less settled. Luis Arraez is a free agent, which leaves Jake Cronenworth and Gavin Sheets as candidates for first base. Mason McCoy and Will Wagner are the current options at second base, along with Cronenworth. Song might have the inside track for reps at the keystone, given the unproven competition.

The Padres’ outfield is set in stone with the trio of Fernando Tatis Jr., Jackson Merrill, and Ramon Laureano, so it’s interesting that Stammen mentioned Song as an option on the grass. He did reference the Dodgers and their usage of players like Enrique Hernandez, Miguel Rojas, and Tommy Edman as an example of an elite team with movable parts. Song could match the multi-faceted defensive contributions of those players, even if the outfield discussion doesn’t amount to in-season reps.

Finding ways to get Song’s bat in the lineup makes sense, considering his recent production in the KBO. The lefty hit a career-high .340 in 2024, while also setting career-best marks in home runs (19) and stolen bases (21). Song followed it up with a 25/25 campaign that included a career-high 103 runs scored. He’s always had good plate discipline, but Song has added a new level of power recently. After four straight seasons with a sub-.375 slugging percentage, he’s been above .500 the past two years.

Photo courtesy of Mike Watters, Imagn Images

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San Diego Padres Sung-Mun Song

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Athletics Open To Higher Payroll, Extension With GM

By Charlie Wright | December 26, 2025 at 8:32pm CDT

The Athletics were financially active last offseason, handing out considerable free-agent deals to  Luis Severino and José Leclerc, while also inking Brent Rooker and Lawrence Butler to extensions. Reports of a potential grievance from the MLB Players Association if the club didn’t boost its CBT number likely spurred some of those moves. This offseason doesn’t have the same MLBPA considerations, but spending could still continue.

“I can tell you [payroll] is going to be higher,” owner John Fisher told Evan Drellich of The Athletic. “That’s something that we’re continuing to work on internally. At the end of the day, our goal is to put the greatest team on the field that we can, and payroll is an important part of that.”

Fisher took a step toward that promise on Christmas Day, when the club locked up Tyler Soderstrom on a seven-year, $86MM extension. The 24-year-old outfielder will now be under team control through his age-31 season. With Shea Langeliers just entering arbitration, and Jacob Wilson and Nick Kurtz still in the pre-arbitration phase, the Athletics have their hitting core in place for the foreseeable future.

The Athletics barely topped $50MM in payroll in 2022, per RosterResource. That number crept up to $59MM in 2023, and then $63MM in 2024. Last year’s $79MM mark pales in comparison to most other teams around the league, but it continued an upward trend for the franchise. The Athletics’ estimated mark is currently $99MM for 2026.

While not all of the spending worked out (Leclerc missed most of the season with injury, Severino struggled mightily at home), the Athletics did put together one of their better seasons this decade. The club finished 76-86, reaching 70 wins for the first time since 2021. They closed the season with a 35-29 stretch. Kurtz cruised to AL Rookie of the Year honors. Langeliers put together a massive offensive season. Denzel Clarke was an ESPN Top 10 regular with his work in center field. “It was everything that we could have hoped it would be and more,” Fisher said of the 2025 results.

The current architect of the roster is only under contract through 2026, but that could change soon. Fisher said the club is in extension talks with general manager David Forst. “I’m really proud of the work that he’s done, and how well we work together, and we’re continuing to have conversations about the future, and those conversations are ongoing.”

Forst’s previous contract ran out at the end of the 2025 campaign. Reports emerged shortly after the season ended that he’d be back for 2026, though the details of a new deal weren’t made available. Fisher’s comments suggest the sides are working on something that goes beyond next season.

Forst has been with the organization for 25 years. He first came on board as a scout in 2000. Forst took over as GM in 2022, with legendary executive Billy Beane serving in an advisory role. He’s had to navigate an extended rebuild, a city change, and home games in a minor league stadium. Despite the challenges, Forst has the team trending in the right direction. The recent extensions and the general willingness toward increased spending should give the club a shot to reach the postseason for the first time since the shortened 2020 season.

Photo courtesy of D. Ross Cameron, Imagn Images

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Athletics David Forst

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Red Sox Notes: Contreras, Casas, Rafaela

By Charlie Wright | December 26, 2025 at 6:42pm CDT

The Red Sox landed an impact bat in Willson Contreras on Sunday. The longtime catcher made the move to first base last season, and that’s expected to stick in Boston. “We see him primarily at first base, maybe some DH opportunities. But the more that we can get his bat in the lineup, the better off we’re going to be,” chief baseball officer Craig Breslow told reporters, including Sean McAdam of MassLive.com.

Contreras bounced around a bit when he first came up with the Cubs, even logging innings at third base and the corner outfield spots, but spent the majority of his time behind the plate. He served as Chicago’s primary catcher from 2017 through 2021. Conteras split his time fairly equally between catcher and DH in 2022. He went to St. Louis in 2023 and continued to play both catcher and DH somewhat evenly. The Cardinals changed course this past season, slotting Contreras in as their primary first baseman. He also made the occasional start at DH.

Heading into 2025, Contreras only had 11 career appearances at first base. He made 119 starts at the position this past season. Contreras delivered fine to solid defensive results, depending on the metric. Outs Above Average looked favorably on Contreras, with a +4 grade. Defensive Runs Saved wasn’t as kind at -1. Given Contreras’ significant contributions as a hitter, Boston will likely be fine with close to average defensive numbers. The 33-year-old has posted a wRC+ of at least 124 in four straight seasons.

Boston has Carlos Narvaez and Connor Wong penciled in as its two backstops. Narvaez had just six games of big-league experience when he was dealt from the Yankees to the Red Sox last offseason. He emerged as a reliable offensive contributor, hitting 15 home runs and slashing .241/.306/.419 across 118 appearances. Wong fell off significantly after a strong 2024. He failed to get on track at the plate after missing most of April with a broken finger. Wong has shown enough in the past to be relied on as a backup heading into next season, and it seems he’ll maintain that role if Boston isn’t interested in playing Contreras at the position.

The Contreras addition immediately puts Triston Casas’ role into question. For his part, Breslow expressed optimism about Casas’ outlook. “We still have a ton of confidence and belief in Triston. What he needs to do is commit to doing everything possible to get back on the field. He’s doing that right now,” Breslow said, relayed by Chris Cotillo of MassLive.com. Casas is currently recovering from a ruptured patellar tendon that cost him most of 2025. His status for the start of next season is uncertain.

Casas has frequently come up in trade rumors this offseason, even before Boston acquired Contreras. The fact that the team added a player at his position could increase the chances he’s on the move. The main inhibitor toward a potential deal is Casas’ recent performance, both in terms of production and health. He hit just .182 over 29 games before going down with the knee injury. Casas was better in 2024, but also spent three months on the injury list with a rib strain.

It’s not just Contreras pushing Casas, either. Boston has another DH option in Masataka Yoshida, who’s been squeezed out of the outfield mix by Jarren Duran, Roman Anthony, and Ceddanne Rafaela. Wilyer Abreu also performed well last year, mostly against right-handed pitching. Breslow didn’t sound overly concerned about the potential roster glut. “Those things tend to work out. (It’s an) opportunity to keep everybody fresh, to keep everybody involved and engaged at the same time.”

Sliding Rafaela to the infield could help alleviate some of the roadblocks for Casas and the young outfielders, but that isn’t the current intention of the club. “We’re a better team with Ceddanne in center field, and we’ll try to keep (him) there,” Breslow said, per Ari Alexander of 7News Boston WHDH. Rafaela earned a Gold Glove in center field this past season.

After splitting his time between shortstop and center field in 2024, Rafaela was primarily on the grass this past season. He made 19 starts at second base, but the rest of his appearances came in the outfield. Rafaela was one of the most impactful defenders at any position in 2025. He tied for second with Alejandro Kirk in Statcast’s Fielding Run Value metric. Patrick Bailey was the only player to be more productive as a defender.

Second base is an area of need for the Red Sox at the moment. If the season started today, Boston would likely be rolling with an uninspiring platoon of Romy Gonzalez and Nick Sogard at the position. Kristian Campbell could factor into that mix, though he’ll need to show more in the minors to earn another big-league opportunity.

Photo courtesy of Jeff Curry, Imagn Images

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Boston Red Sox Ceddanne Rafaela Triston Casas Willson Contreras

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Latest On Edward Cabrera’s Market

By Charlie Wright | December 26, 2025 at 4:47pm CDT

A pair of potential suitors may have fallen out of the Edward Cabrera race. Houston and Baltimore are no longer trade candidates for the talented right-hander, reports Barry Jackson of the Miami Herald. Jackson adds that Miami doesn’t want to sell short on Cabrera in a deal.

The Marlins’ starting rotation has been a frequent subject of trade rumblings throughout the offseason. Reports emerged in early December that the club was listening to offers on all of its starters, outside of Eury Perez. Sandy Alcantara has been the subject of frequent rumors the past few seasons, while Cabrera and Ryan Weathers have been floated as possible trade chips recently. It would take a massive offer to land Alcantara, notes Jackson.

The Orioles were specifically linked to Cabrera a few weeks back. The club has been connected to almost every high-end name in free agency and on the trade market, from Framber Valdez and Ranger Suarez to Freddy Peralta and MacKenzie Gore. President of baseball operations Mike Elias was able to land a significant rotation upgrade last week, flipping several prospects and a draft pick for right-hander Shane Baz. Elias has said the organization will continue working to strengthen the rotation, though the recent trade might have ended their Cabrera pursuit, given the capital it took to pry Baz from Tampa Bay.

Baltimore and Miami joined forces on a deal at the 2024 trade deadline that worked out for both teams. The Marlins sent lefty Trevor Rogers to the Orioles for outfielder Kyle Stowers and infielder Connor Norby. Rogers broke out as Baltimore’s top starter this past season, while Stowers delivered an All-Star campaign with his new team.

Houston has been in the market for young, controllable starting pitching this offseason. The club’s rotation was destroyed by injuries in 2025, with Ronel Blanco, Hayden Wesneski, and Brandon Walter all needing Tommy John surgery and Luis Garcia going down with another elbow injury. With Valdez hitting free agency, the Astros entered the offseason with Hunter Brown and a slew of unproven options to fill out the staff.

Just like the Orioles, the Astros made a notable move to address their pitching needs last week, acquiring Mike Burrows from the Pirates in a three-team trade headlined by Brandon Lowe. Similar to Baltimore, Houston spent significant prospect capital to land a young starter. Outfielder Jacob Melton and right-hander Anderson Brito went to the Rays in the deal. Melton was among the organization’s top prospects, while Brito was an up-and-coming name, albeit with minimal professional experience. Parting with both Melton and Brito to land Burrows likely affected Houston’s ability to put together a Cabrera package.

After periods of brilliance frequently cut short by injuries, Cabrera finally put together an extended stretch of strong results in 2025. The 27-year-old recorded a 3.53 ERA across a career-high 137 2/3 innings this past season. Cabrera maintained a solid 25.8% strikeout rate while pushing his walk rate into single digits for the first time.

Cabrera went down with an elbow sprain in early September, but returned in the final week of the season for a pair of outings. The brief comeback could’ve been an audition for trade suitors, showing interested teams that Cabrera was good to go for 2026. The righty is under team control through 2028. MLBTR contributor Matt Swartz projects Cabrera to earn $3.7MM in arbitration. An acquiring team would have him for three seasons at a reasonable cost.

Photo courtesy of Sam Navarro, Imagn Images

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Baltimore Orioles Houston Astros Miami Marlins Edward Cabrera

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Brayan Bello Receiving Trade Interest From Rival Teams

By Mark Polishuk | December 26, 2025 at 3:29pm CDT

The Red Sox have gotten a lot of calls about right-hander Brayan Bello, according to The Athletic’s Ken Rosenthal and Will Sammon.  The source who shared this information with Rosenthal/Sammon pushed back, however, on the idea that the Sox had “quietly shopped” Bello themselves, as one rival executive framed the situation.

On paper, it would seem odd that the Red Sox are trying to move Bello when they’ve spent most of the offseason trying to reinforce their rotation.  Bello is coming off a season that saw him post a 3.35 ERA over a career-best 166 2/3 innings, and the righty has tossed 486 games over 87 games (86 of them starts) for the Sox over the last three years.

Back in March 2024, the Red Sox showed their commitment to Bello by locking him up to a six-year, $55MM extension covering the 2024-29 seasons, and Boston holds a $21MM club option Bello for the 2030 season that includes a $1MM buyout.  Bello doesn’t even return 27 until May, so between his age and the long-term contract, it would seem like the Red Sox have a homegrown arm locked into the rotation for at least the remainder of the decade.

As Rosenthal and Sammon point out, however, it makes some sense that the Red Sox might at least be testing the waters about what they could get for Bello, given the value of controllable starting pitching.  Even if “control” in this sense reflects Bello’s extension rather than a player’s arbitration or pre-arb years, Bello’s remaining price tag of $50.5MM over the next four seasons seems like a fair price, and potentially even still a bargain.

While Bello has been solid over his four MLB seasons, it can be argued that the Red Sox were hoping for a bit more from a pitcher who posted much bigger strikeout numbers in the minors.  In the Show, Bello has only a 19.8% strikeout rate over 543 1/3 career innings, and his 17.7K% this season was the lowest of his career.  He has an unspectacular 8.3% career walk rate to go along with that lack of missed bats.

Bello has gotten good bottom-line results by limiting hard contact, and inducing a lot of grounders, with a 52.7% groundball rate for his career.  His 95.2 mph fastball has solid velocity but Bello’s sinker is his primary pitch, even if the sinker’s effectiveness hasn’t tended to vary in consistency.  Over his career, Bello’s 4.09 ERA isn’t much below his 4.26 SIERA, but that gap stretched much wider (3.35 to 4.55) in 2025.

The Red Sox entered the offseason with plenty of big league-ready or experienced arms in their organization, but there was a clear goal of raising the rotation’s ceiling with more established hurlers.  To date, Sonny Gray and Johan Oviedo have been brought in via trades with the Cardinals and Pirates, respectively, and now project to be part of Boston’s 2026 rotation.  Richard Fitts and left-handed pitching prospect Brandon Clarke were dealt to St. Louis for Gray, lower-level righty Jesus Travieso was moved to Pittsburgh as part of the Oviedo trade, plus Boston sent right-hander Hunter Dobbins and two more lower-level arms to the Cardinals in a separate trade for first baseman Willson Contreras.

Whether the Red Sox are actually trying to actively trade Bello or are just listening to offers out of due diligence remains unclear, as the Rosenthal/Sammon item implies.  The truth may lie somewhere in between all of the common offseason hot stove terminology.  Still, Red Sox chief baseball officer Craig Breslow has said his team is open to moving controllable pitching “in order to address other areas of the roster.”

Trading Bello would be a much different animal than moving a pitcher like Fitts or Dobbins or someone else not even guaranteed of a big league job in 2026, yet in a sense, a Bello deal would be an elevated version of the raise-the-ceiling strategy.  If the front office has some misgivings over Bello’s ability to sustain his production, or he is no longer viewed as a pitcher who can reliably be counted on for a playoff rotation, the Red Sox could potentially look to deal Bello.  Speculatively, he could be dealt for a more clear-cut frontline pitcher with fewer years of control, or perhaps moved to address a need in the lineup.

Within that same notes post, Rosenthal and Sammon also write that the Red Sox remain engaged with the Cardinals about Brendan Donovan.  Boston is one of many teams linked to Donovan’s market, however, and the most recent reports suggested that the Mariners and Giants were the favorites to pry Donovan away from St. Louis.  That said, Cards president of baseball operations Chaim Bloom has shown plenty of willingness to swing trades with his former Boston team, and Bloom’s time running the Sox front office overlapped with a big chunk of Bello’s career.  Speculatively, the length of Bello’s extension could make him a factor in a Cardinals rotation even after the team is through its rebuild period, even if the Cardinals are more likely to explore higher-end prospects in any Donovan trade package.

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Boston Red Sox Brayan Bello

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MLBTR Live Chat

By Mark Polishuk | December 26, 2025 at 2:21pm CDT

Mark P

  • A bonus post-holiday edition of the Weekend Chat, since things got postponed last weekend due to the big Willson Contreras trade. Let’s open up the queue….

Guest

  • What is goinf on withe Luis Roberts rumors

Mark P

  • It’s hard to say if much or anything has changed about Robert’s market since the summer, except for the fact that his 2026 salary is now guaranteed.  My guess is that unless Chicago budges on its asking price, Robert will still be on the south side on Opening Day, as probably more teams view Robert as a Plan B rather than a top option

Mike Elias

  • Any chance I’m still in on Kyle Tucker?

Mark P

  • Probably not. If the O’s make another big strike, it would likely be for pitching.

Friend

  • Do you see Arenado or Castellanos ending up with the Padres?

Mark P

  • Arenado makes no sense given Machado’s presence at 3B.  Castellanos is a slightly better fit since SD isn’t entirely settled at DH, but if the Padres want an outfield bat, they can do a lot better.
  • I guess Preller and Dombrowski might be able to come up with some kind of interesting bad contract swap, but I don’t really see a fit here

Spider

  • What ther hold up realmuto

Mark P

  • It’s worth noting that the last time JTR was a free agent, he didn’t sign until the end of January.  So he seems to be content in taking his time and monitoring the market, since one catching injury or another unexpected development could quickly bring another team into the fold.

    Philly has an offer on the table to Realmuto, so it seems like he’s evaluating things to see if any team is willing to match or top it.  Chances are Realmuto’s camp will then give the Phillies another chance to up their offer, and overall I expect Realmuto to re-sign

The big Yo

  • Are the Vegas A’s going to win it all in ‘28 and is all star week going to be held in Vegas that same year?

Mark P

  • I’d expect MLB isn’t going to schedule the All-Star Game for Vegas until the stadium is fully up and running.  Seems like 2028 will be in an AL ballpark just because the 2025-27 games are all in NL parks, and Toronto is apparently lobbying hard to host another ASG soon

Read more

Dipoto

  • How available are the elite 2B targets like Marte and Jazz?  Is it just smoke?

Mark P

  • Seems like Marte is more available, albeit at a much higher price tag.  I’m not sure Chisholm is really “available” outside of the broad way in which teams are usually open to hearing offers about impending free agents.

Stevil

  • It seems likely to me that acquiring Ketel Marte might mean taking Gurriel with him. What do you think?

Mark P

  • Gurriel is owed $13MM in 2026, and there’s a $5MM buyout of his $14MM club option for 2027.

    Maybe the argument can be made that Marte is enough of a relative bargain that adding another $18MM to the tally still works out in another team’s favor, and maybe the math works if that other team isn’t terribly deep in prospects.  And, if the D’Backs really are doing something like trying to move Marte in order to sign Bregman, maybe they’d just like to clear as much payroll as possible.

    But, overall, teams don’t want to water down the value of a price trade asset (like Marte) by attaching an undesirable contract to the package.  Gurriel’s salary isn’t so onerous that Arizona can’t just eat it for one year left.

CardfaninIL

  • What is the best return we can get for JoJo? And can put a top15 kid with Nolan to get a better return? Thx

Mark P

  • Likewise, a rebuilding team like the Cardinals isn’t likely to move any kind of notable prospect along with Arenado just to help a trade go through.  The Cards have shown they’ll just eat some salary to accommodate these deals in order to help improve the returns.

grunt

  • what would it cost to get santander from bluejays  for the reds

Mark P

  • Hard to see a trade match there.  If you’re the Reds and you’re in need of offensive help, surely you’d want someone who a) isn’t so expensive, and b) isn’t coming off essentially a non-starter of a 2025 season.

GOATcloserEstabanYan

  • How likely is it that Rays trade Yandy, Rasmussen, etc. and just go all in on a full blown rebuild?

Mark P

  • The Rays don’t ever fully rebuild.  There’s enough talent on the roster that they still think they can contend in 2026, and never count out the Rays from suddenly swinging another trade to bring in a good talent, or someone else suddenly emerges from their minor league ranks as a regular

Alan Smithee

  • Are Yankees is on Tucker at all and is Tucker objectively the better player than Bellinger or not?

Mark P

  • Reports indicate that Tucker is a backup plan if Bellinger can’t be re-signed.  That’s kind of interesting framing that the far more expensive player is the “plan B” since in theory, Tucker is more difficult to sign.  But, the Yankees seem to have correctly gauged Tucker’s market as limited to just a few teams, so they have the ability to wait and see on both him and Bellinger.

    Objectively, Tucker is certainly the more consistent and better player than Bellinger, as evidenced by their numbers over the last few seasons.  Whether that’s worth, say, an extra $200MM gap or more in salary remains to be seen, in terms of the Yankees and other teams are evaluating the two

Luc

  • Any chance Giants are back in on Imai?

Mark P

  • They are, as per reports.  The Giants’ apparently unwillingness to commit to a long contract is an obstacle, yet if Imai’s market isn’t developing to the point that he’s getting truly larger offers, maybe SF thinks they can sneak in there with three or four years.

Kuiper

  • Happy New Year! When will my Guards get a right handed bat if ever?

Mark P

  • They were keen on Lane Thomas, is that something?

    Miguel Andujar would be a perfect fit for Cleveland….except his two best positions are also J-Ram and Kwan’s two positions.  Still, the Guardians could use him in RF or at 1B, or as a DH, or just any way to get Andujar into the lineup against lefty pitching

Stearns

  • Are you in favor of seeing more trades like the Nimmo/Baty trades? It was especially surprising since Mets fans love Nimmo (and presumably Ranger fams too with Semien), but it’s kind of exciting to see veterans join a new team at the same time.

Mark P

  • It was an interesting deal on many fronts.  As the writer who was on MLBTR duty when that trade broke, there were so many facets to address that my word count for that post ended up being pretty high, haha.

Jake

  • Chances of Okamoto going to the Pirates?

Mark P

  • Probably seems unlikely.  While the Bucs have been busy in adding offense (and willing to spend some money), Okamoto’s probably not going to Pittsburgh unless his market really collapses.

Dirt

  • Thanks for the chat, Mark. What are your thoughts on Chris Bassitt to the Braves? Quality, durable arm, innings eater, no QO, veteran leadership, reportedly good in clubhouse. Seems like he would be a perfect fit at an affordable price?

Mark P

  • Agreed.  Bassitt is a good fit on a few teams for that very reason, and we probably can’t even entirely rule out a return to Toronto yet.  But, you’re right that he’d check a lot of boxes for a Braves team that is in the weird spot of technically having “enough” pitching but also absolutely need another reliable arm.

Tatsayu Imai

  • Who is favored to sign Imai? Do the Cubs have a legit chance?  There’s only a week left for him to sign.

Mark P

  • There doesn’t appear to be a clear favorite for Imai, but the Cubs have been linked to him and would appear to have as much of a shot as anyone in the field.  The Cubs have a history of landing top-level Japanese talent, and Imai might fall within the Cubs’ “spend pretty big but not TOO big” price range

Joe Hardy

  • Didn’t see Michael King coming back to San Diego and signing Song was interesting. What do you think happens with Chronenworth?

Mark P

  • I actually felt there was a decent chance King would just accept the qualifying offer and stay in San Diego that way. But, in example #7903 of why I’d make a lousy player agent, King ended up testing the market and walked away with a much bigger payday while still ending up in his preferred spot.

Phanatic

  • I keep wondering why the Phillies don’t just decide to walk away from JT. Combine the 16m or so you’ve got earmarked for him with the 10m for Bohm and you’re close to Bichette or Bregman.

Mark P

  • First they’d need to find a trade partner to absorb all of Bohm’s salary.  Then they’d need to actually sign Bichette/Bregman.  Then they’d need to go out and find someone else to play catcher, since counting on Marchan and company is a big risk.

Guest

  • I feel like the Tigers are done for the winter other than depth, do you think that too?

Mark P

  • As conservative as Scott Harris has been with his transactions, I feel like Detroit’s got one bigger move in them this offseason.  Relatively standing pat would seem like a real mistake, given how this team still has some holes keeping it from being a real contender

White Sox Fan

  • What kind of pitching return are the Sox looking for in a Luis Robert trade with the Reds? Chase Petty?

Mark P

  • Chris Getz would sign off on that deal right now if Cincinnati offered Petty for Robert, but that’s not going to happen.  As rough as Petty’s 2025 season was, he is still highly regarded as a prospect, and not someone the Reds would be too willing to dangle for a player with as many question marks as Robert (and at his price tag).

Scott

  • Do the Braves add another starter? Framber? Ranger?

Mark P

  • Someone like Bassitt seems a lot more realistic spending-wise than one of the top FA arms

Pumpsie

  • What’s your year-end feeling on the Jays? Happy that they played meaningful, memorable games into the November (!) spotlight after so many years in the wilderness, or totally bummed they didn’t win it all? I’m far more of the former!

Mark P

  • I feel like I’ve had the same “man, that Game 7, argh!” conversation with about 50 people in the last two months, which then stretches into a 10-minute discussion over all the near-misses from that game (and Game 6, or even Game 3) and what the Blue Jays might do next.

    Objectively, you’re correct. The Jays exceeded expectations to such an absurd degree that it seems silly to not look back at 2025 as anything but a high point.  It’s just that ending things with such a crushing loss still leaves me needing time to process things, personally.

FedPav

  • Would Tucker accept a short-term, high AAV deal to join a contender?

Mark P

  • Hey look, it’s Andrew Friedman’s burner account!  :)

    If Tucker’s market really doesn’t develop as expected, a shorter-term deal is a possibility.  But it’s not so late in the offseason that his camp needs to be panicking yet, and I suspect Tucker still lands a lengthy mega-deal.

SeaPilots

  • Is there another move after Refsnyder?

Mark P

  • Certainly.  Refsnyder is a good part-time bat, but landing an everyday second baseman seems like a need.

Doug

  • I love McMahon defense at 3B, but how can the Yankees go through 2 more seasons with him and a platoon partner?  I mean he will still get the majority of starts.

Mark P

  • Having a no-hit/all-glove guy in your lineup isn’t a bad thing, since McMahon’s defense is just that great.  Especially if you can work around it with hitting in the rest of the lineup, and a good RHH bat as a platoon partner.
  • Is this necessarily how I would’ve addressed the 3B position if I was Cashman last summer?  No, but I can see the logic in bringing McMahon aboard.

Bob Veale

  • How do u feel about what the Pirates done so far

Mark P

  • I’ve been impressed.  The Buccos brought in a couple of proven veteran hitters, a very intriguing MLB-ready player in Garcia, and a bit of a lottery ticket with upside in Mangum.  And, they’ve done this while not dipping too deeply into their rotation mix.

Girl fan

  • Big Christmas to the Padres?

Mark P

  • Eh, maybe?  A flier of a waiver claim couldn’t hurt if San Diego wants to take a look at him in Spring Training.  But, Noel is a limited player, and the Padres can probably aim higher.

Matt Arnold

  • FO is high on Jefferson Quero. If the Brewers were to trade Contreras would that be a complete shock – 2 years before free agency – and what chance you give that happening?

Mark P

  • It would be a real surprise if it happened now.  The trade whispers about Contreras will get a lot louder by this time next year, but there’s very little chance the Brewers will deal an All-Star catcher now and roll with Quero + stopgap veteran catcher when they’re trying to win a World Series.

Joey walnuts

  • who are the redsox waiting to trade Casas for

Mark P

  • Between Casas’ lost 2025 season and Contreras now in Boston, rival teams have quite a bit of leverage on the Sox in trade talks.  The Red Sox don’t want to sell low on Casas and they don’t necessarily have to since they use him in the 1B/DH mix next year.  But, if you’re another team in talks about Casas, surely you have to ask “hey, if this guy is so good, why have you been shopping him for the better part of two years now?”

Hits Like Rays

  • Should the Rays sign Luis Rengifo or Brendan Rodgers to play 2B this year and then see how their prospects develop?

Mark P

  • Rengifo is one of my favourite bounce-back candidates of the entire free agent market.  IMO, he’s absolutely the kind of player the Rays (or a lot of teams) should be looking at.

Lars Nootbar

  • I’m not going anywhere until the deadline, if at all, correct?

Mark P

  • Probably not

Motor City Beach Bum

  • With Keith playing good ball at 3B last year would it make sense for Detroit to sign Bellinger instead of a 3B target?

Mark P

  • The Tigers are already so loaded with LH bats that I actually don’t love Bellinger as an ideal fit for them, even though in a vacuum he obviously makes the lineup better.

    It is fair to guess that Keith isn’t exactly going to be Brooks Robinson if he gets any extended time at third base.  Detroit may not want to take that kind of defensive risk with Keith in an everyday role, but there are enough moving parts and platoon holes on the roster for Hinch to mix and match things.

A for effort

  • Are the A’s becoming a more desirable destination for free agents given their glut of young position player talent? Or in other words, do they still need to throw over-market money at players like Severino to get them to play in Sacramento, or do you think players will be more receptive this time around?

Mark P

  • They’re still in “significant overpay” territory.  While I don’t doubt that players are taking note of what the A’s are doing from a competitive perspective, it is highly unlikely that any player with options elsewhere is going to sign to play in a minor league park for two (or more?) years

Tempy2DHall

  • When a player is out for the year (think Darvish), is his salary still figured in team spending? Certainly, there must be insurance against that type of IL.

Mark P

  • Most contracts are ensured in some way, so the clubs receive some financial compensation.  But, Darvish naturally still counts against the luxury tax and whatnot.

Chicago Sox Fan

  • What do you see the White Sox doing with their soon to be LONG list of future SS?  They have Montgomery playing now, and Billy Carlson in the minors, plus they should be taking Cholowski with the #1 pick.

Mark P

  • You can never have enough shortstop depth, especially since who knows how many of them will pan out.  Plus, most players drafted as shortstops have the skills to pretty easily transition to another position if a surplus actually does develop

who’s on 1st

  • IF the Gardians and others are so cheap as to not spend big; find players that do some things real well. Like; the M’s did with Refsnyder

Mark P

  • The Guardians have had enough consistent success that it’s hard to argue that their method doesn’t work.  And yet, splurging for even one proven bat would have helped this team immensely in recent years, and may even proved to be the difference in a playoff series or two.

Muarakami Market

  • Why did Murakami not get the contract he wanted? What happened to his market?

Mark P

  • It seems like the offers just weren’t there, or teams were too worried about Murakami’s strikeout rate to really push too hard on courting the slugger.  Jeff Passan reported that some teams did offer longer-term contracts but for relatively little AAV, so Murakami instead chose to bet on himself with the Chicago deal.
  • Don’t forget, Murakami isn’t even 26 yet.  He can re-enter free agency heading into his age-28 season, and potentially score a much bigger contract if he has two years of solid MLB results behind him.

Me

  • What is the knock on Comerica or the city of Detroit that they arent up for a near future ASG?

Mark P

  • Comerica hosted back in 2005, so it isn’t “due” (if you look at All-Star nods in a broad 30-city way) for another decade or so.

JL

  • What would a return for riley greene look like? Several years of control left, plus defense in LF, plus power. Would a team like the mets be interested?

Mark P

  • The Mets and a ton of teams would obviously be in on Greene, who’s controlled through 2028.  But the natural response to your question is….why would the Tigers trade such a player?  If anything, I’d think there’s a better chance Detroit extends Greene.

Guest

  • Do you think the Royals likely trade for an outfielder? or likely stick with their current roster?

Mark P

  • I liked the Collins trade, but if I’m the Royals, I’m still looking for a better second outfielder than Lane Thomas.  There’s no proof yet that Caglianone can hit MLB pitching, and Isbel can’t hit (though Isbel is another “his glove is so good that a lack of offense is tolerable”) player

Joe

  • Did the O’s make a mistake giving Mountcastle a contract, or does he still have enough value to get a low level prospect along with his salary?

Mark P

  • If I was the O’s, I would’ve non-tendered Mountcastle and either gone with Mayo or gotten another 1B (like Alonso, or even a lower-level move like re-signing O’Hearn).

    I get that keeping Mountcastle gave the O’s some flexibility in not necessarily “having” to make a 1B move, yet it seemed pretty obvious that it was a position in need of a boost.  As noted earlier about the Red Sox and their lack of leverage with Casas, the Orioles now have even less bargaining power in finding to find a trade partner for Mountcastle.

On-The-Way-Out A’s Fan?

  • Do you think anymore extensions will be coming for the A’s or do they focus their remaining, unknown resources towards pitching?

Mark P

  • Wouldn’t be shocked if Jacob Wilson or even Kurtz is inked to a long-term deal.
  • I’d be surprised if the A’s hadn’t at least had some talks with that duo.

    Langeliers is a Boras client, so he’s less likely of an extension candidate.

Dave

  • Would Bello, Mayer, and Casas get the job done for Marte?

Mark P

  • That’s an interesting offer that probably at least gets Arizona’s attention, since it (theoretically) checks off three boxes for them and frees up some salary.

thunderwriter

  • Is Baz that good or did the Orioles get so many players for him because they accepted players who are so far from MLB ready?

Mark P

  • Baz is less “good” in the sense of being a proven MLB starter than he is controllable with lots of upside.  Injuries have obviously impacted his career, but this still a pitcher who isn’t far removed from being a top-flight prospect, and he’s had some success in his big league career.
  • Baltimore’s minor league depth helps them in a trade like this, since while they didn’t move any of their true blue-chippers, they were able to unload several pretty good prospects, plus the draft pick.

    From Tampa Bay’s perspective, if even one of those players or the draft pick turns into a productive big leaguer, the trade is at least a wash and maybe a big win.

Chris Getz

  • I have so much payroll space can I please sign some actual talent? We’re on the verge of being half way descent

Mark P

  • The White Sox are at least two years away from starting to really build towards being a competitive team.  And in terms of true bigger spending, that might not happen until Ishbia becomes the majority owner
  • We’ve been going for about two hours, so it’s time to wrap things up like a gift under the tree.  Thanks for all the questions, and I hope everyone is having a very nice holiday season!
  • if you’re interested in more baseball Q&A, one of the many benefits of our Trade Rumors Front Office subscription is the exclusive weekly live chats. The more limited field means you’re about 10 times more likely to get a question answered, as opposed to battling for space with hundreds of other questions in today’s chat. For more on our memberships, check out this link:

    https://www.mlbtraderumors.com/membership?ref=chat-12-26-25

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Giants Sign Nick Margevicius To Minor League Deal

By Mark Polishuk | December 26, 2025 at 11:42am CDT

The Giants have signed left-hander Nick Margevicius to a minor league contract, according to Alex Pavlovic of NBC Sports Bay Area.  Margevicius will receive a $825K salary if he reaches the majors, MLB Trade Rumors’ Steve Adams reports.  Margevicius will receive an invitation to San Francisco’s big league Spring Training camp.

It has been over four years since Margevicius’ last MLB game, as the southpaw made five appearances for the 2021 Mariners before his season was cut short by thoracic outlet syndrome.  Margevicius spent the 2022-23 seasons in the minors pitching in the Seattle and Atlanta farm systems, then spent 2024 abroad pitching for the TSG Hawks of the Chinese Professional Baseball.  Returning to North America last year, Margevicius began the 2025 campaign in the Mexican League before catching on with the Tigers on a minors contract.

This return to Triple-A ball went pretty well, as Margevicius posted a 3.89 ERA, 22% strikeout rate, and 5.7% walk rate over 74 innings (starting 14 of 17 games) with Triple-A Toledo.  It was a big step up from the ugly numbers the left-hander posted in his last Triple-A stint in 2022-23, and to some extent a continuation of the strong work Margevicius delivered with the Hawks and in Mexico.  While still not a hard thrower, Margevicius upped his fastball velocity a tick to 91.9mph, and he has incorporated a cutter into his repertoire.

Margevicius’ work didn’t earn him a look on Detroit’s MLB roster, but the Giants were apparently intrigued enough to issue the the southpaw a non-roster invite.  Margevicius could be a spot starter or perhaps just a pure Triple-A depth option, or the Giants could conceivably use him as more of a long reliever if his contract gets selected.  San Francisco’s fifth starter competiton features a host of younger arms without much big league experience, though Margevicius’ 32 games with the Padres and Mariners from 2019-21 doesn’t really give him much of an edge in this department given how it was so relatively long ago.

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San Francisco Giants Transactions Nick Margevicius

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Phillies Sign Mark Kolozsvary To Minor League Deal

By Mark Polishuk | December 26, 2025 at 10:42am CDT

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

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

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

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

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

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Philadelphia Phillies Transactions Mark Kolozsvary

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Diamondbacks Sign Luken Baker To Minor League Contract

By Mark Polishuk | December 26, 2025 at 9:40am CDT

The Diamondbacks have signed first baseman Luken Baker to a minors deal, Just Baseball Media’s Aram Leighton reports.  Baker qualified for minor league free agency at the end of the season, and he chose to test the open market rather than stick in the Dodgers’ organization.

A second-round pick for the Cardinals in the 2018 draft, Baker spent most of his career in the St. Louis organization before he was claimed off the waiver wire by the Dodgers in early August.  Baker never saw any MLB playing time in Los Angeles, so his big league resume remains his 73 games played with the Cardinals over the 2023-25 seasons, with a .206/.317/.338 slash line and four home runs to show for 189 plate appearances.

This lack of production didn’t exactly merit more playing time, yet Baker was also blocked to some extent by the presence of Paul Goldschmidt, Willson Contreras, Alec Burleson, and others at first base.  Baker is limited by his lack of defensive versatility, as he has played only first base and DH during his pro career.  This made him an expendable piece even on a Cardinals team that is turning into a rebuild, as Baker is entering his age-29 season.

Baker got his first call-up to the majors on the strength of a huge season with Triple-A Memphis in 2023, when he hit .334/.439/.720 with 33 home runs over 380 PA.  He followed that year up with a 32-homer campaign and a lesser (.231/.345/.535) slash line in Memphis in 2024, but his numbers continued to tail off, as Baker hit only .223/.335/.441 with 18 homers over 409 combined PA with the Cardinals’ and Dodgers’ top affiliates in 2025.  While Baker’s numbers improved greatly after his move from Memphis to Oklahoma City, this may have had less to do with a change of scenery and more to do with the move to the pitcher-friendly Pacific Coast League.

The Diamondbacks’ Triple-A Reno club is also in the PCL, so it wouldn’t be a shock if Baker posts some numbers in 2026 that look pretty gaudy on paper.  There’s no risk for the Snakes in seeing what Baker can do in at least a depth capacity, and if he can turn his raw power into any sort of consistent production at the big league level.  In terms of the MLB roster, the right-handed hitting Baker could be a fit in a platoon situation with the lefty-swinging Pavin Smith at first base and DH, and the D’Backs may be hoping that Baker can follow Smith’s example as a late bloomer who didn’t start to break out in the majors until his late 20’s.

Signing Baker to a non-guaranteed deal shouldn’t prevent the D’Backs from exploring more prominent right-handed bats for this role, such as former Arizona star Paul Goldschmidt.  The Diamondbacks’ infield situation in general remains in something of a state of flux, as rumors continue to swirl that Ketel Marte could be traded, and that the D’Backs could be a dark horse suitor for Alex Bregman.  Such moves wouldn’t necessarily impact the first base role, unless another first base candidate or right-handed bat was potentially brought on board as part of a Marte trade package.

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Arizona Diamondbacks Transactions Luken Baker

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