MLB Trade Rumors

The Rangers tried to walk the line of remaining competitive while simultaneously scaling back payroll. It led to a pair of major trades and a chunk of small free-agent and waiver acquisitions.

Major League Free Agent Signings

• Danny Jansen, C: Two years, $14.5MM (includes buyout of 2028 mutual option)
• Jakob Junis, RHP: One year, $4MM (includes buyout of 2027 mutual option)
• Chris Martin, RHP: One year, $4MM (includes deferred $2MM signing bonus)
• Jalen Beeks, LHP: One year, $1.6MM
• Jordan Montgomery, LHP: One year, $1.25MM
• Tyler Alexander, LHP: One year, $1.1MM
• Alexis Diaz, RHP: One year, $1MM (later outrighted to Triple-A)

2026 spending: $17.95MM
Total spending: $27.45MM

Option Decisions

• DH Joc Pederson exercised $18.5MM player option

Trades and Waiver Claims

• Acquired LHP MacKenzie Gore from Nationals in exchange for INF Gavin Fien, RHP Alejandro Rosario, 1B Abimelec Ortiz, INF Devin Fitz-Gerald and OF Yeremy Cabrera (all minor leaguers/prospects)
• Acquired OF Brandon Nimmo from Mets in exchange for 2B Marcus Semien
• Acquired RHP Carter Baumler from Pirates in exchange for minor league RHP Jaiker Garcia and cash (Baumler was selected from the Orioles in the Rule 5 Draft)
• Claimed C Willie MacIver off waivers from Athletics
• Claimed RHP Michel Otañez off waivers from Athletics
• Claimed RHP Zak Kent off waivers from Cardinals (eventually landed with Twins via waivers)
• Claimed OF Dairon Blanco off waivers from Royals

Extensions

• None yet

Notable Minor League Signings

• Andrew McCutchen, Mark Canha, Ryan Brasier, Cal Quantrill, Austin Gomber, Josh Sborz, Nabil Crismatt (out for season due to UCL surgery), José Herrera, Anthony Veneziano, Jonah Bride, Tyler Wade, Declan Cronin, Nick Pratto, Patrick Murphy, Andrew Velazquez, Richie Martin

Notable Losses

• Marcus Semien, Adolis Garcia (non-tendered), Jonah Heim (non-tendered), Merrill Kelly, Tyler Mahle, Jon Gray, Shawn Armstrong, Phil Maton, Jacob Webb (non-tendered), Patrick Corbin, Hoby Milner, Danny Coulombe, Rowdy Tellez, Dylan Moore, Dom Hamel (lost on waivers), Dustin Harris (outrighted, elected free agency) Billy McKinney (outrighted, elected free agency)

The Rangers entered the offseason with a hefty slate of impending free agents. As many as four viable big league rotation arms (Merrill Kelly, Tyler Mahle, Jon Gray, Patrick Corbin) and four quality relievers (Shawn Armstrong, Phil Maton, Hoby Milner, Danny Coulombe) hit the market at season’s end. Texas created further holes on the roster by non-tendering right fielder Adolis Garcia, catcher Jonah Heim and another solid middle reliever, Jacob Webb.

Despite all the departures on the pitching side of things, it seemed early that reimagining an offense that had grown stagnant and regularly struggled against fastballs and velocity was a goal. Texas had tried to do that the prior offseason by parting with Nathaniel Lowe and bringing in Joc Pederson and Jake Burger to reshape the heart of the order. It didn’t work out. Pederson and Burger had career-worst seasons. Texas hit .234/.302/.381 as a team. The resulting 92 wRC+ was tied for fifth-worst in baseball. Rangers hitters ranked 18th in home runs but just 22nd in runs scored. They were 26th in each of batting average, on-base percentage and slugging percentage.

That prompted a second and more aggressive shuffle of the offense. The Rangers found no takers for Garcia and Heim at their projected arbitration prices and ultimately non-tendered the pair, losing two key contributors from their 2023 World Series roster for nothing. Three days later, Texas dumped the final three seasons of Marcus Semien’s contract on the Mets, taking on the final five seasons of Brandon Nimmo’s eight-year contract in return.

Nimmo walked at a career-low 7.7% rate in 2025 and struck out more often than Semien, but he was a far more productive hitter overall in 2025. He’s also two years younger. Nimmo may have been traded straight up for Semien, but he’s effectively stepping into the roster spot created by Garcia’s non-tender. He can be reliably counted on for more walks and an on-base mark 40 to 50 points higher than Garcia. At least in 2025, he hit for more power as well. Nimmo makes the Rangers younger (relative to Semien) and provides a higher floor than had been the case with the whiff-prone Garcia.

The only other addition of note to the lineup this winter came in yet another attempt to solidify the team’s struggling catching corps. After Heim regressed in 2024, the Rangers signed Kyle Higashioka to a two-year contract last winter. That contract worked out reasonably well, but Higashioka will be 36 in a month and has never topped last year’s 327 plate appearances or logged even 700 innings behind the plate. With Heim out the door and no immediate heir-apparent coming from the farm, the Rangers needed some form of addition.

The free agent market was thin behind the plate — as is typically the case — but Texas scooped up one of the market’s better options when signing Danny Jansen to a two-year contract. Jansen draws poor framing grades but posted a solid 24.1% caught-stealing rate last year and typically receives good marks from Statcast for his ability to block balls in the dirt. He also draws walks at a high rate each season (12.5% in ’25, 10.8% since ’20) and has above-average pop. Jansen is strikeout-prone but not egregiously so. Although both Jansen and Higashioka hit from the right side, Jansen has better career splits in right-on-right matchups, while Higashioka has more conventional platoon splits. They probably won’t be used in a strict platoon, but Jansen will get more starts versus righties and generally see a larger workload than Higashioka.

Beyond Nimmo and Jansen, the Rangers’ lineup will remain mostly unchanged. They’ll rely on better health for Corey Seager and better performances from names like Pederson, Burger and Josh Jung, each of whom disappointed relative to expectations and projections in 2025. It’s certainly a risk, given that this lineup has a similar structure to the one that’s fallen flat in each of the past two seasons, but the Rangers were clearly working with a limited budget and did their best to make some changes where they could.

One final addition will likely be former NL MVP Andrew McCutchen. He signed a minor league deal after spring training was already underway. Cutch and the Pirates reunited in 2023 and he spent three seasons with his original organization, but the Buccos were hunting bigger fish this winter and opted to move on after McCutchen’s bat fell to about league-average over the past two seasons (slightly below that in 2025). At 39 years old, McCutchen isn’t going to dial things back to his peak form, but he can still hit lefties, which makes him a nice complement for Pederson. And, if Pederson can’t right the ship after last year’s calamitous .181/.285/.328 batting line (76 wRC+), Texas could move on entirely and turn DH reps over to McCutchen. Even if he’s “only” a league-average bat, that’d be a substantial improvement over Pederson’s 2025 output.

The other big change in the lineup isn’t due to a new acquisition but rather a change in role. Josh Smith has been a utility player for his first four seasons with Texas but is now in line for regular at-bats at second base, in place of Semien. Smith has posted a .254/.336/.380 line in semi-regular work over the past two seasons. It’s unremarkable production, but Smith had a strong four-month run to begin the ’25 season before a largely BABIP-driven swoon weighed down his production late in the year. He was hitting .277/.354/.420 through his first 380 plate appearances but batted only .195/.293/.252 in his final 183 plate appearances — all while experiencing a drop of more than 60 points in his average on balls in play.

Smith has never had a set, everyday role. He played seven different positions last year (in addition to a handful of DH appearances). Sam Haggerty‘s presence on the bench gives him a right-handed platoon partner if the Rangers prefer to go that route. They probably should, given that Smith is a career .223/.309/.322 hitter versus lefties to Haggerty’s .280/.362/.446. (Haggerty is a switch-hitter, but he’s delivered only a .202/.277/.279 slash as a left-handed hitter.)

As has typically been the case in recent years, the pitching staff was a prominent focus — both the bullpen and the rotation. Texas got nice performances from Robert Garcia and Cole Winn in 2025, and they brought Chris Martin back for one more go-around even though he’d previously hinted at retirement.

The Rangers had success building nearly an entire bullpen from small-scale free agent deals last winter and will try to replicate the strategy in 2026. It’s a clear risk, as relievers are the game’s most volatile performers on a year-to-year basis. The Texas farm is light on impact arms, however, particularly after dealing six minor league pitchers to acquire Merrill Kelly, Phil Maton and Danny Coulombe in separate trades.

Last offseason, Texas brought in Martin, Shawn Armstrong, Hoby Milner, Jacob Webb and Luke Jackson (in addition to trading for Robert Garcia, who’s controlled through 2029). This winter it was more of the same. Martin is back on another one-year deal, and he’s joined by Jakob Junis, Jalen Beeks, Tyler Alexander and Alexis Diaz, although the former will have to earn his way back onto the roster.

Diaz inked a $1MM contract after being non-tendered by the Braves but was designated for assignment and passed through waivers when Texas signed Beeks earlier this month. It’s at least possible that was the plan from the jump; we increasingly see teams sign experienced players to low-cost, one-year deals and then pass them through waivers to stash as Triple-A depth, knowing they won’t reject the outright assignment to the minors because doing so means forfeiting any guarantees on the contract (for players with fewer than five seasons of service anyhow). Even if that wasn’t the initial intent, Diaz didn’t do himself any favors by allowing eight runs with four walks and a hit batter in 1 2/3 frames this spring.

As was the case last spring, the Rangers’ bullpen looks shaky on paper. All of Martin, Beeks, Junis and Alexander have had success at times but lack consistency (hence being available on short-term contracts). Garcia’s performance was strong but less than elite. Winn posted a pristine 1.51 ERA, but metrics like SIERA (4.13) and FIP (3.90) aren’t buying it because of the former top prospect’s mediocre 21.6% strikeout rate and sub-par 10.5% walk rate.

There are other potential upside plays in the mix. The Rangers claimed righty Michel Otañez off waivers from the division-rival A’s, selected righty Carter Baumler from the from the Orioles in the Rule 5 Draft (by way of a trade with the Pirates), and signed veterans Ryan Brasier and Josh Sborz to minor league contracts. Baumler was an over-slot ($1.5MM) fifth-rounder who posted a 2.04 ERA with a 29% strikeout rate between High-A and Double-A last year. Otañez sits upper 90s with his heater and misses bats in droves but also has a career 14% walk rate in the majors. Sborz was a key bullpen piece for much of 2023 but has been hampered by injuries since. Brasier has a nice track record but is 38 years old and has had a tough spring.

Perhaps the Rangers can defy the odds again, but this is a tough way to build a bullpen with any sort of regularity. Relievers are inherently volatile, and that volatility often necessitates going out and adding help at the deadline if the club is in contention. That could lead to trading away some potential down-the-road bullpen arms, creating a bit of a vicious cycle.

The other side of the pitching staff, once again, proved a core focus for the Rangers. Since being installed as president of baseball operations, former big league right-hander Chris Young has repeatedly focused on deepening his pitching staff. That’s in part due to the old adage that there’s no such thing as “too much” pitching — which a former pitcher understands keenly — and also in part due to difficulty in developing homegrown arms.

Former No. 2 overall pick Jack Leiter was a bright spot in 2025, but fellow top prospect Kumar Rocker couldn’t get off the ground floor. Winn was once a top-tier rotation project who’s fizzled out in a rotation role and is now in the ‘pen. Other prominent Rangers pitching prospects like Owen White, Hans Crouse, Dane Dunning and Brock Porter (to name a few recent examples) have largely plateaued — if not before reaching the majors then not long after.

The struggles to develop homegrown pitching have led the Rangers to routinely go outside the organization to get it. They did so again this winter, bringing former trade acquisition and 2023 rotation savior Jordan Montgomery back on a one-year deal that’ll potentially plug him into the rotation once he’s recovered from UCL surgery. The larger move, of course — arguably their signature move of the offseason — was the trade for Washington’s MacKenzie Gore.

Texas sent a five-player package, headlined by 2025 first-rounder Gavin Fien, to Washington to pry Gore loose. The package notably lacked a consensus top-100 prospect, though the Nats presumably have Fien in that group on their internal rankings. One would imagine the Nationals at least asked about names like Sebastian Walcott and Caden Scarborough and were rebuffed. Washington had a thin system that badly needed depth, however, so diversifying their risk by acquiring a bushel of prospects rather than one or two higher-end names is a reasonable approach.

In that sense, the trade worked out for both parties. The Nats add a smattering of talented young players to their system, including last summer’s No. 12 overall pick (Fien). The Rangers added two years of Gore without surrendering the very best their system has to offer.

Gore will spend the next two seasons in Texas. He’s a former No. 3 overall pick who once ranked as the sport’s top pitching prospect. Injuries and poor performance stemming from mechanical issues delayed his arrival in the majors, but he’s started 89 games over the past three seasons now and done so with a respectable 4.15 ERA. Gore looked to finally be breaking out in full last summer. He made the All-Star team and entered the break with a terrific 3.02 ERA, 30.5% strikeout rate and 7.7% walk rate. A brutal four-start stretch saw him rocked for 23 runs over his next 15 2/3 innings. He then rebounded with a 3.74 ERA down the stretch.

Gore now joins Jacob deGrom, Nathan Eovaldi and Leiter to form an impressive quartet. The depth thereafter isn’t great, in part because the Rangers shipped out three nearly MLB-ready starters for Kelly last summer. Lefty Jacob Latz is the favorite for the fifth spot on the starting staff. Rocker, Jose Corniell and David Davalillo are depth options on the 40-man roster, and Young brought in veterans like Cal Quantrill and Austin Gomber on minor league deals. Both Montgomery and southpaw Cody Bradford could be ready to return from the IL early this summer.

It’s a talented but top-heavy group, and the Rangers are at some risk of that depth being exposed if deGrom and/or Eovaldi run into further injury troubles. Eovaldi hasn’t started 30 games since 2021. DeGrom made 30 dominant starts last season but combined for 35 starts in the four seasons prior.

The Rangers have the makings of a solid veteran core on both the offensive and pitching side of things. Their defense should be good but perhaps not to the extent of last season, given the subtraction of Semien’s all-world glove at second and Garcia’s quality glove in right field. The bullpen will need several things to break right, and the bench and minor league depth options are a bit lacking.

Better health from Seager and center fielder Evan Carter, rebounds from Burger/Pederson, and a step forward from standout left fielder Wyatt Langford — who has superstar potential — would go a long way toward pushing the Rangers back into the postseason mix.

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