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Carlos Beltran, Andruw Jones Elected To Hall Of Fame

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The Hall of Fame announced this evening that Carlos Beltrán and Andruw Jones have been elected to the Hall of Fame. They’ll be inducted into Cooperstwon alongside Jeff Kent, who was elected by the Era Committee, next June.

Beltrán gets the honor in his fourth year on the ballot. The switch-hitting outfielder was the only player who fell between 70% and 75% on last year’s balloting. His positive trend lines made it a near lock that he’d surpass the 75% threshold this winter.

The Royals drafted Beltrán, a native of Puerto Rico, in the second round in 1995. He reached the big leagues as a September call-up three years later and ranked as one of the sport’s top prospects going into his first full season in 1999. Scouting reports projected him as a potential five-tool center fielder, and Beltrán lived up to that billing immediately.

He hit .293/.337/.454 with 22 homers and 27 stolen bases during his debut campaign. Beltrán was the runaway choice for American League Rookie of the Year, the first of many accolades he’d accrue over the next two decades. Injuries and a sophomore slump limited his playing time in 2000, but Beltrán reestablished himself as one of the sport’s best outfielders the following year. He’d hit above .300 in two of the next three seasons, earning his first top 10 MVP finish behind a .307/.389/.522 showing in 2003.

The roster around Beltrán was not nearly as strong. A small-market Kansas City franchise was unlikely to re-sign him, making him a top trade chip as he entered his final season of club control. The Royals dealt Beltrán, a first-time All-Star, to the Astros midway through the ’04 season. He appeared on the National League roster — Houston was then an NL team — and finished 12th in NL MVP balloting despite spending the first three months in the American League. Beltrán hit .258/.368/.559 with 23 homers in 90 regular season games for Houston.

His introduction to the postseason couldn’t have gone any better. Beltrán batted .435 with eight homers in 12 playoff games, helping Houston to within one game of a trip to the World Series. The Astros would go on to win the pennant one year later, but Beltrán had moved on in free agency by that point. He signed what was then a franchise-record deal with the Mets: seven years and $119MM.

Beltrán’s first season in Queens was a bit of a disappointment, but he rebounded with arguably the best season of his career in 2006. He hit a career-best 41 home runs and drove in a personal-best 116 runs with a .275/.388/.594 slash line. Beltrán won his first Gold Glove and Silver Slugger awards while finishing fourth in MVP voting. Baseball Reference credited him with eight wins above replacement for his all-around dominance, the best mark of his career. He remained a force into the playoffs, batting .278 with a .422 on-base percentage over 10 games.

For the second time in three years, Beltrán’s team lost the seventh game of an NLCS battle with the Cardinals. The ’07 Mets famously melted down in September to squander the NL East title to the Phillies. They wouldn’t return to the playoffs during Beltrán’s tenure, yet there’s no doubt they got their money’s worth from the free agent investment. Beltrán played in 839 games while hitting .280/.369/.500 with 149 homers over six and a half seasons in a Mets uniform.

The club also netted a top pitching prospect named Zack Wheeler when they traded the impending free agent Beltrán to the Giants in 2011. He raked down the stretch with San Francisco, but they narrowly missed the postseason between their World Series wins in 2010 and ’12. Beltrán signed a two-year deal with the Cardinals the following year. He hit .282/.343/.493 over his time in St. Louis, but his impact again was brightest in the postseason. Beltrán was a stellar playoff performer in both years.

Beltrán signed a three-year contract with the Yankees over the 2013-14 offseason. He remained an above-average hitter over his time in the Bronx, albeit without the defensive value he’d had for the majority of his career. He made it back to the playoffs in 2016 after being dealt to the Rangers at the deadline. Beltrán finished his career on a one-year contract to return to the Astros.

The final season in Houston wound up leaving Beltrán with a complicated legacy. He was reportedly an integral part of the team’s sign-stealing operation that wasn’t publicly revealed until a few seasons thereafter. Beltrán wasn’t much of an on-field contributor at age 40, but he collected his first World Series ring when the Astros won their first title in franchise history.

Beltrán’s role in the sign-stealing scandal became public over the 2019-20 offseason. He had just been hired by the Mets as manager a few months earlier. He stepped down and forfeited his salary once the operation became public. Beltrán has remained involved in the game in less prominent roles, working as a television analyst with the YES Network and spending the past few seasons as a special assistant in the Mets’ front office. He’s also in charge of building the roster for the Puerto Rican national team at the upcoming World Baseball Classic.

The sign-stealing scandal probably delayed Beltrán’s entry to Cooperstown. His statistical résumé made him a very strong candidate to get in on the first ballot. He finished his playing days with a .279/.350/.486 batting line. Baseball Reference valued his career at 70 WAR, which doesn’t even account for his playoff excellence. Jay Jaffe’s JAWS metrics has him as a top 10 center fielder of all time. Whatever trepidation some voters may have had about honoring him within the first couple years on the ballot, the end result is that he’s headed to Cooperstown to cement his legacy as one of the best center fielders to play the game.

More to come.

Rich Hill Not Planning To Play In 2026

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Left-hander Rich Hill doesn’t want to use the word but it seems to be leaning towards retirement. Appearing on the Baseball Isn’t Boring podcast, Hill was asked by host Rob Bradford if he was retiring and said “I don’t have any plans on playing next year.” The situation is somewhat analogous to that of Joe Kelly, who announced on the same podcast last month that he didn’t want to use the word “retire” but wasn’t planning on playing anymore.

“I’m looking for open possibilities to stay in the game of baseball and be a contributory factor,” Hill continued. “I enjoy the work aspect of whatever it might be that’s next. I think that’s one thing that… why athletes get hired in other positions and other… outside of sports is because they are highly-driven people that want to succeed. And that’s something that I’m looking forward to.”

It’s not shocking that Hill is slowly wafting into the next stage of his career. Though he did pitch in the 2025 season, he was easily the oldest player in the league. He was 45 years old when he suited up for the Royals and will turn 46 in March. Though he has continued pitching to an age when most other players have called it quits long ago, he did so with some unconventional approaches. He waited until midseason to sign in 2024 in a deliberate attempt to be more fresh for a stretch run.

If this is indeed the end, it will wrap up one of the more unique arcs of a player in recent history. Hill was drafted by the Cubs way back in 2002 and made his major league debut in 2005. He didn’t find immediate success but had a really good season in 2007, posting a 3.92 earned run average over 32 starts.

But from there, he went into a really challenging period of his career. He struggled with results and health for many years, leading him to be bounced between the majors and minors and between various different organizations. From 2008 to 2014, he tossed a total of 153 innings split between the Cubs, Baltimore, Boston, Cleveland, the Angels and Yankees. He posted a 5.41 ERA over that stretch.

2015 would turn out to be an incredible comeback season. He started the year on a minor league deal with the Nationals. He opted out of that contract in June and signed with the Long Island Ducks of the independent Atlantic League. He made just two starts for that club but struck out 21 opponents in 11 innings. That was enough to get him back into affiliated baseball via a minor league deal with the Red Sox.

Boston called him up in September and he made four starts as the season was winding down. In those, he logged 29 innings with a 1.55 ERA. He had a mammoth 34% strikeout rate, a tiny 4.7% walk rate and a strong 48.4% ground ball rate. That was a tiny sample size but the Athletics made a bet on it, signing Hill to a one-year, $6MM deal for 2016. That wager paid off handsomely, with Hill giving the A’s 14 starts with a 2.25 ERA.

At that year’s deadline, he was traded to the Dodgers alongside Josh Reddick, with the A’s getting Frankie Montas, Grant Holmes, and Jharel Cotton in return. Hill gave the Dodgers six starts with an ERA of 1.83 and then three postseason starts with a 3.46 ERA.

The Dodgers were happy enough with that showing to bring Hill back via a three-year, $48MM contract. That was a pretty staggering deal for a 37-year-old who was not too far removed from being in indy ball but it worked out well. He logged 327 innings over those three seasons with a 3.30 ERA, plus 37 postseason innings with a 2.43 ERA.

After that deal ran its course, Hill went into his 40s and mercenary mode. He signed a series of one-year deal with the Twins, Rays, Red Sox and Pirates. In 2023, he seemed to wear down as the season went along, not surprising for a 43-year-old. His 4.76 ERA with Pittsburgh was still respectable but he collapsed after a deadline deal to the Padres, posting an 8.23 ERA after the swap.

As mentioned, he then tried to think outside the box to continue as an effective big league pitcher. He planned to intentionally sign at midseason in 2024 in order to spend more time with his family and also save his bullets for the second half and postseason. He stayed unsigned until inking a minor league deal with the Red Sox in August. He did get called up but only for four relief appearances before being released. In 2025, he signed a minor league deal with the Royals in May. He got called up in July but was designated for assignment after just two starts.

Given the unusual shape of his career and his willingness to buck conventions, it’s possible he’ll change his mind and find his way back to the mound. But if Hill doesn’t make it back to the majors, he will finish with 1,418 innings tossed over 388 games for 14 different clubs. In that time, he posted a 4.02 ERA but will likely be best remembered for the 2015-2021 run which saw him post a 3.15 ERA in his late 30s and early 40s. Baseball Reference pegs his career earnings over $75MM, most of that coming to Hill in his late-career surge. We at MLB Trade Rumors salute him on a fine career, which may or may not be done, and wish him the best on whatever is next.

Photo courtesy of Peter Aiken, Imagn Images

Orioles Sign Hans Crouse To Minor League Deal

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The Orioles announced Tuesday that they’ve signed right-hander Hans Crouse to a minor league contract. Ty Daubert of Phillies Nation first reported the signing and added that Crouse will be a non-roster invitee in Orioles camp this spring. He’s represented by Wasserman.

A second-round pick by the Rangers back in 2022, Crouse ranked among the sport’s top pitching prospects in the 2019-20 offseason. Texas included Crouse alongside Kyle Gibson and Ian Kennedy in a 2021 trade with the Phillies, netting then-top prospect Spencer Howard and fellow minor leaguers Kevin Gowdy and Josh Gessner. Crouse spent several seasons in the Phillies system and made a brief MLB debut with the ’21 Phillies but has spent the past two seasons in the Angels organization after landing there in ’24 as a minor league free agent.

Crouse has pitched a total of 32 1/3 innings in the majors between Philadelphia and Anaheim. He’s posted a shiny 3.34 ERA in that time, but the rest of his numbers don’t support that small-sample earned run average. Crouse has an impressive 25.9% strikeout rate but has also walked a gruesome 17.3% of the 139 batters he’s faced in the majors (in addition to plunking a pair). He’s navigated that glut of free passes not by erasing them with double plays — Crouse has just a 22.7% grounder rate in the majors — but thanks to good fortune on balls in play (.192 BABIP).

In 69 1/3 career innings at the Triple-A level, Crouse has an ERA close to 6.00, though that number is skewed by a 2022 season in which he served up 18 earned runs in only 12 1/3 innings. That minimal innings total in Triple-A comes despite pitching parts of five seasons there. He’s been hampered by injuries throughout his career. Crouse has undergone surgery to remove bone spurs from his elbow, required thoracic outlet surgery in 2023 and also missed most of the 2022 season due to a torn tendon in his right biceps.

Earlier in his career, Crouse showed a power heater that climbed to the upper 90s and helped him miss bats in droves. He’s fanned 33% of his opponents in Triple-A and 28% of his overall opponents in pro ball. More recently, following all those injury troubles, his velocity has been pedestrian. He sat 93.3 mph with his heater in his most recent full season of Triple-A ball in 2024, and sat 95.3 mph in his lone Triple-A frame last season.

There’s little harm in bringing Crouse aboard on a non-guaranteed deal, but his days a starter are surely behind him. At this point he’s a no-risk bullpen flyer with a big track record of missing bats but an even bigger injury history.

Rangers Designate Dom Hamel For Assignment

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The Rangers announced that right-hander Dom Hamel has been designated for assignment. That’s the corresponding move for right-hander Jakob Junis, whose one-year deal with Texas is now official.

Hamel, 27 in March, has never pitched for the Rangers. He was just claimed off waivers from the Mets in late September, during the final weekend of the regular season. He stuck on the roster for a few months but has now been squeezed off.

His major league track record is one of the smallest possible. He tossed one scoreless inning for the Mets on September 17th. He was then designated for assignment and claimed by the Orioles. Baltimore put him back on waivers a few days later, which is when the Rangers claimed him.

Hamel came up as a starting pitcher in the Mets’ system but struggled with control. He was primarily used as a multi-inning reliever in 2025 with some encouraging results. He tossed 67 2/3 Triple-A innings over 31 appearances. 11 of those were technically starts but were mostly of the opener variety. His 5.32 earned run average wasn’t especially impressive but his 25.2% strikeout rate was above average. Perhaps more importantly, given his past issues with control, he only walked 7.4% of batters faced.

He did allow 12 home runs in that time, which helped push more runs across the board. Despite those issues with the long ball, he generated enough interest to be claimed off waivers twice late last season.

The Rangers will now have a week to determine his next steps. The waiver process takes 48 hours, so they could field trade interest over the next five days. Hamel still has a couple of options remaining, which could help him land elsewhere as a depth piece. If he were to pass through waivers unclaimed, he would stick with the Rangers as non-roster depth since he does not have a previous career outright nor three years of big league service time.

Photo courtesy of Sam Navarro, Imagn Images

Mariners, Bryce Miller Avoid Arbitration

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The Mariners announced that they have avoided arbitration with right-hander Bryce Miller by agreeing to a one-year deal with a club option for 2027. Miller will make a $2.4375MM salary in 2026, according to Adam Jude of The Seattle Times. The club option is worth $6.075MM and has a $15K buyout, so Miller is guaranteed $2.4525MM, per Jon Heyman of The New York Post. The club option is voided if Miller finishes in the top five of Cy Young voting in 2026. He will still be controllable via arbitration through 2029 regardless of how the contractual situation plays out.

Miller was one of 18 players who did not have a deal in place when the arbitration filing deadline passed earlier this month. He just qualified for arbitration for the first time this offseason as a Super Two player, meaning he will go through the process four times instead of the standard three. MLBTR contributor Matt Swartz projected him for a $2.4MM salary. Miller filed at $2.625MM and the Mariners at $2.25MM.

A gap of just $375K is a drop in the bucket for a major league baseball club but it compounds when looking at the bigger picture. A player’s subsequent trips through arbitration see his salary grow as a percentage of where he started. Therefore, a $375K gap can actually lead to a swing of millions over three years, or four in this case.

Most teams these days adopt a “file and trial” approach, which means they cut off negotiations of one-year deals after the filing deadline. This is to give them leverage in pre-deadline talks and also to prevent players from filing absurdly high numbers in an attempt to set out an aggressive bargaining stance. An arbiter can only pick the player’s or the team’s number, not a midpoint.

Even if a team does have a “file and trial” policy, exceptions are made for deals that are longer than one year, even if that extra year is an option. That gives the club a path to avoid a potentially contentious hearing while sticking to their policy, in a sense. A deal with an option can’t be used as a comparison point in future arb hearings as well, which is a factor.

Arbitration hearings are generally viewed as part of the business but occasional situations have cropped up where the relationships between a player and a team appeared to have been damaged. Three years ago, Corbin Burnes said as much in the wake of his hearing with the Brewers. Miller and the Mariners have staved off any possibility of that scenario by meeting roughly in the middle between their two filing numbers.

As mentioned, the club option is mostly a measure to avoid this agreement being used as a future comp. Even if it is voided or turned down, Miller would remain under club control through 2029 via arbitration.

There will now be no more than 16 hearings this year. Since the 18 players filed earlier this month, Cade Cavalli and the Nationals reached a new agreement and now Miller is off the list as well. Miller was the last Mariner in the arb class without a determined salary, so the club is now wrapped in that department.

Photo courtesy of Steven Bisig, Imagn Images

Rangers Sign Jakob Junis

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January 20th: The Rangers officially announced their signing of Junis today. Righty Dom Hamel has been designated for assignment as the corresponding move.

January 18th: The Rangers have signed right-hander Jakob Junis to a one-year, $4MM contract, according to The Athletic’s Ken Rosenthal.  Shawn McFarland of the Dallas Morning News reports that the deal contains a mutual option for the 2027 season.  The signing will become official once Texas makes a corresponding move on its 40-man roster.  Junis is represented by Wasserman.

Rosenthal adds in a follow-up note that Texas will indeed use Junis as a reliever, coming off Junis’ first bullpen-only season of his nine-year MLB career.  Junis has started 116 of his 249 career games, and still made some spot starts and swingman-esque appearances in 2023-24 even as he took on larger relief roles.  In 2025, however, Junis signed a one-year, $4.5MM deal with the Guardians and worked only as a reliever over his 57 appearances and 66 2/3 innings.

The results were more than solid, as Junis posted a 2.97 ERA and an above-average 6.6% walk rate.  Junis’ strikeout, chase, and whiff rates weren’t anything special, but in a reversal of career norms, he did a very good job of limiting hard contact.  After posting a 1.4 HR/9 over his first eight seasons, Junis halved that number to 0.7 HR/9 during his lone season in Cleveland.  Junis increased the use of his changeup, and throwing the pitch 20% of the time (up from 8.7% of the time in 2024) helped turn both Junis’ change and his primary slider into very effective out pitches.

Junis will look to keep things rolling as he enters his age-33 season, and the veteran has been pitching long enough that he broke into the majors with the 2017 Royals as a teammate of current Rangers president of baseball operations Chris Young.  Junis will become the latest new face to join Young’s total makeover of the Texas bullpen this offseason.

Chris Martin decided to forego retirement to return for another season with the Rangers, but Hoby Milner, Shawn Armstrong, Jacob Webb, and Phil Maton have all left in free agency.  Texas has filled those gaps with Alexis Diaz, Tyler Alexander, Carter Baumler, Zak Kent, and now Junis, who had far and away the best 2025 season of any of this group.  Junis’ ability to cover innings and take on some higher-leverage assignments should be a big help to the Rangers as they continue to figure out their ideal relief mix.

Nationals Claim Mickey Gasper, Designate Andry Lara For Assignment

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The Nationals announced that they have claimed utility player Mickey Gasper off waivers from the Twins. Minnesota designated him for assignment last week when they claimed Vidal Bruján, another utility player. The Nats designated right-hander Andry Lara for assignment in a corresponding move.

Washington’s new president of baseball operations Paul Toboni is already familiar with Gasper. Toboni was an assistant general manager with the Red Sox when that club took Gasper from the Yankees in the minor league phase of the 2023 Rule 5 draft. Gasper made a brief debut with Boston in 2024 but was traded to the Twins last winter. Between the two clubs, he has a .133/.250/.195 line in 133 big league plate appearances.

Toboni and the Nats are putting more stock in his minor league track record, where he has generally had a strong approach at the plate and has also provided defensive versatility. He took 588 Triple-A plate appearances over the past two years with 22 home runs, a 13.8% walk rate and 13.6% strikeout rate. He produced a combined line of .312/.420/.531 in that sample, production which translated to a wRC+ of 154.

In terms of the glovework, Gasper has plenty of ability to move around. He has experience as a catcher, plus the three non-shortstop infield positions and has spent a bit of time in left field as well. He has even more versatility when considering he is a switch hitter who has options remaining.

Despite the strong numbers, Gasper isn’t likely viewed as a core piece. He was originally a 27th round draft pick back in 2018 and took a while to get to the majors. Though he has a short résumé, he’s already 30 years old.

But for the Nats, there’s a logic to bringing him aboard. Washington is rebuilding and has a roster in flux. They project to have CJ Abrams and Luis García Jr. on the infield but both are theoretical trade candidates, with Abrams controlled for three more seasons and García two. Brady House was once considered the third baseman of the future but he hit poorly in his first taste of the majors. Prospect Harry Ford could be the catcher of the future but he has just eight big league plate appearances.

Amid all that uncertainty, Gasper gives the club a bit of depth all over. As the season rolls along, there will be inevitable injuries and fluctuations in performance, plus potential transactions. Gasper can bounce around to multiple positions in the big leagues or be kept in the minors as depth, depending on what happens with others on the roster. He has less than a year of service time, meaning he can be cheaply retained for the foreseeable future, if he manages to hold onto a roster spot.

To bring aboard Gasper, the Nats have bumped Lara off the roster. Now 23, he was added to the 40-man roster in November of 2024 to keep him out of the Rule 5 draft. At that time, he had just wrapped up a strong minor league season. He tossed 134 2/3 innings between High-A and Double-A with a 3.34 earned run average, 24.3% strikeout rate and 8.1% walk rate. His 2025 didn’t go nearly as well. He made his major league debut but allowed 14 earned runs in 14 1/3 innings. He also struggled in the minors, with a 7.55 ERA in 56 inning across multiple levels.

Lara was an international signing of the previous front office. President of baseball operations Mike Rizzo was fired in 2025 and eventually replaced by Toboni. It seems that Lara’s poor season in 2025 and a shake-up in Washington have pushed him off the roster. The Nats will now have a week to figure out Lara’s fate. The waiver process takes 48 hours, so they could take five days to explore trade interest. Lara still has a couple of club options, which could help him land with another club as depth.

Photo courtesy of David Richard, Imagn Images

Padres Have Shown Interest In Freddy Peralta

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Brewers right-hander Freddy Peralta is not a lock to be traded but plenty of other clubs are interested. He’s already been connected to the Astros, Giants, Mets, Orioles, Red Sox, Yankees, Dodgers and Braves this offseason. Today, Ken Rosenthal of The Athletic writes that the Padres have checked in with the Brewers while Katie Woo of The Athletic reports that the Dodgers remain engaged.

The widespread appeal is understandable as Peralta is both good and cheap. Dating back to the start of 2021, he has given the Brewers 738 1/3 innings, allowing 3.30 earned runs per nine. His 9% walk rate in that time was close to league average while he struck out a big 29.6% of batters faced. He just wrapped up a 2025 season in which he posted a 2.70 ERA with a 28.2% strikeout rate and 9.1% walk rate.

Milwaukee signed Peralta back in 2020, before he was established as a viable big league starter. That deal turned into a massive win for the Brewers, as it was only a $15.5MM guarantee over five years. It also included $8MM club options for 2025 and 2026. By the time those options rolled around, they were obvious bargains and picked up without hesitation.

That salary on a one-year commitment is very appealing for all teams. The top starting pitchers often make in the range of $25MM to $45MM annually on multi-year deals. This offseason has seen Dylan Cease, Ranger Suárez and Michael King land average annual values in the $25-30MM range. In short, Peralta’s deal is a steal.

That makes him very appealing to all clubs. For big spending teams, Peralta is a theoretical rotation upgrade without the big contract. Most of the top spenders are also facing huge tax bills, in many cases more than doubling the cost of signing any free agent. For teams with payroll crunches, it’s also obviously helpful to be able to get a top arm without a big price.

It also makes Peralta valuable for the Brewers, who are never big spenders. But the fact that Peralta is nearing free agency puts them in a tricky spot. Their low payrolls usually make it hard for them to sign their players for the long term, which can lead to them being traded as free agency nears.

In recent years, players like Corbin Burnes and Josh Hader have been traded as their respective windows of control were shrinking. But with Willy Adames, Milwaukee decided to hold onto him until he hit the open market. They collected compensation in the form of an extra draft pick after he rejected a qualifying offer and then signed with the Giants.

Peralta could go either way. President of baseball operations Matt Arnold downplayed the trade possibility back in November but the club is also reportedly concerned about its payroll. Earlier this month, they were one of nine teams who terminated broadcast deals with Main Street Sports. It’s possible they could negotiate a new deal or pivot to having MLB handle things but they will almost certainly bring in less broadcast revenue in 2026 compared to the year prior.

Trading Peralta wouldn’t save the Brewers a ton of money but it would allow them to theoretically bolster other areas of the roster without having to spend on free agents. However, no offer has compelled them to pull the trigger yet, with pitchers and catchers set to report to spring training in less than three weeks.

The Padres make a lot of sense as a landing spot for Peralta. Rotation depth was a concern for them throughout 2025 and then they lost Cease and King to free agency at season’s end. Shortly thereafter, Yu Darvish underwent UCL surgery, ruling him out for the entire 2026 campaign.

They have since brought back King but further bolstering the rotation would make sense. Currently, they project to have King, Nick Pivetta and Joe Musgrove in three spots, followed by a cluster of potential depth options including Randy Vásquez, JP Sears, Kyle Hart and Matt Waldron.

Even within that group, there are notable questions. King is coming off a season impacted by injuries. Pivetta has been in some trade rumors due to his back-loaded contract. Musgrove will be coming back from missing 2025 recovering from Tommy John surgery. Vásquez had a nice 3.84 ERA last year but just a 13.7% strikeout rate. Sears, Waldron and Hart all had poor seasons.

Adding to that group makes sense but the Friars have seemingly been walking a financial tightrope for a few years. Their payroll peaked in 2023 but the offseasons since then have seen them trying to work around an apparent lack of spending capacity. That seemed to motivate the Juan Soto trade two offseasons ago. Last winter, they were able to sign Pivetta but with an unusual structure. It was $55MM over four years but with just a $3MM signing bonus and $1MM signing bonus in the first year.

RosterResource projects the payroll for $220MM next year, which is a bit above last year’s spending. The competitive balance tax figure is pegged at $262MM, above the base threshold of $244MM. The Padres reset their tax status in 2024 but paid the tax last year. That means they would be second-time payors in 2026, which leads to a 30% base tax rate. Going above $264MM would increase the tax rate to 42% on spending beyond that line.

That presumably makes the Padres at least somewhat unwilling to spend big on a free agent like Framber Valdez, Zac Gallen or Chris Bassitt. Rosenthal writes that their preferred spending range is $8MM to $12MM and he floats Nick Martinez, Lucas Giolito and Justin Verlander as guys who could theoretically fall to that range.

Though Peralta’s $8MM salary would undoubtedly be appealing, especially if they move Pivetta and his $19MM salary in 2026, the Brewers would want something notable in return. Subtracting from the big league roster would be counterproductive and the Padres have also traded away a large number of prospects in recent years, including sending top prospect Leo De Vries to the Athletics in last year’s Mason Miller deal. Lining up on a deal with Milwaukee may be tricky.

Turning to the Dodgers, Woo notes that their interest presumably indicates at least some level of concern from the club in relation to the current rotation mix. The Dodgers have a great starting group on paper but questions with most of the individuals. Yoshinobu Yamamoto is only guy still on the roster who topped 91 innings pitched last year. Tyler Glasnow, Blake Snell, Emmet Sheehan, Shohei Ohtani and Roki Sasaki all came in under that line due to various different health situations. The Dodgers presumably don’t expect the whole group to stay healthy for 2026.

They also seem better positioned than the Padres to offer the Brewers the kind of young, controllable pitching they would probably want in return. Sheehan and Sasaki are both still in their pre-arb years. The same is true of guys like Ben Casparius, River Ryan, Kyle Hurt, Justin Wrobleski, Gavin Stone, Landon Knack and others.

Woo also floats outfielder Ryan Ward as a possibility, with the recent Kyle Tucker signing blocking his path. She writes that the Dodgers were considering a platoon of the lefty-swinging Ward and righty Alex Call before landing Tucker, so Ward may now be expendable. The Brewers subtracted from their outfield this offseason when they traded Isaac Collins to the Royals alongside Nick Mears to acquire left-hander Ángel Zerpa. They still have a decent group including Christian Yelich, Sal Frelick, Jackson Chourio, Garrett Mitchell, Blake Perkins and others.

Whether the Brewers can be compelled to complete a trade remains to be seen. Without Peralta, their rotation would still consist of a pretty good group including Brandon Woodruff, Jacob Misiorowski, Quinn Priester, Chad Patrick, Logan Henderson, Robert Gasser, Tobias Myers and others, plus whatever they can get in return in the Peralta trade. But they could also just hold Peralta to make another run in 2026. If Peralta is healthy a season from now, he would be a lock to reject a QO, netting the Brewers a compensatory draft pick if he signs elsewhere.

Photo courtesy of Michael McLoone, Imagn Images

Marlins Designate Osvaldo Bido For Assignment

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The Marlins announced today that they’ve designated right-hander Osvaldo Bido for assignment. His spot on the 40-man roster will go to right-hander Bradley Blalock, whose previously reported acquisition from the Rockies is now official.

Miami only claimed Bido off waivers from the Rays four days ago. They’re already the 30-year-old righty’s fourth organization of the offseason. Bido spent the 2024-25 seasons with the A’s and finished the season on their roster. He’s since bounced to the Braves, Rays and Marlins. Today’s DFA could mean he lands with a fifth different club in what would be a span of under two months.

Bido spent seven seasons in the Pirates system before making his MLB debut as a 27-year-old in 2023. He’s spent the past two seasons with the A’s. Listed at a wiry 6’3″ and 175 pounds, he’s pitched 193 2/3 innings in the majors and pitched to a 5.07 earned run average. It’s been a roller-coaster run, with poor numbers in ’23, strong output in ’24 and more struggles in ’25. Overall, metrics like SIERA (4.60) and FIP (4.67) view him a bit more favorably, but Bido has typically pitched like a swingman or sixth starter.

Bido averages 94.7 mph on  his four-seamer and sinker alike. He’s only a bit worse than average in terms of strikeout rate (20.9%) and walk rate (9.6%), but home runs were a major issue in 2025. Bido is an extreme fly-ball pitcher, and a 2024 season spent pitching home games in the cavernous Oakland Coliseum during the Athletics’ final season there treated him well; conversely, a move to West Sacramento’s Sutter Health Park, which played like an absolute launching pad, did Bido no favors. He served up 13 big flies in only 44 1/3 home innings this past season, compared to just six on the road (35 1/3 innings).

The Marlins will presumably hope to pass Bido through outright waivers and retain him as non-roster depth. In that scenario, he’d be invited to big league camp to compete for a job on the Opening Day staff and head to Triple-A if he fails to make the club. But Bido has now failed to make it through waivers three different times this winter, never once making it past the tenth team in terms of waiver priority. Even none of the clubs that has already claimed him earlier in the winter has interest in doing so again, it’s still possible that another club (or multiple clubs) in the remaining two-thirds of the league will place a claim this time around.

Marlins Acquire Bradley Blalock

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1:30pm: The Rockies and Marlins officially announced the deal. The Rockies receive minor league right-hander Jake Brooks in return. Brooks was an 11th-round pick of the Marlins in 2023. He posted a 4.33 ERA across 116 1/3 innings last year, split between High-A and Double-A. He’ll be eligible for the Rule 5 draft in December of 2026 if he doesn’t have a 40-man spot by then. The Fish designated Osvaldo Bido for assignment to open a roster spot, which you can read more about here.

10:49am: The Marlins are acquiring right-hander Bradley Blalock from the Rockies in exchange for a minor league pitcher, according to a report from ESPN’s Jeff Passan. Blalock was designated for assignment by Colorado last week in order to make room for Michael Lorenzen on the 40-man roster. The Marlins will need to make a corresponding move to clear 40-man roster space for Blalock once the deal becomes official.

Blalock, 25, was a 32nd round pick by the Red Sox back in 2019. He was traded to the Brewers prior to his big league debut in the deal that brought Luis Urias to Boston. He made his first trip to the majors in 2024, but pitched just one scoreless frame for Milwaukee before being shipped to Colorado in a trade that netted the Brewers righty Nick Mears. Since arriving in Colorado just before the 2024 trade deadline, Blalock has made 20 appearances (including 18 starts) for the Rockies. Those haven’t gone especially well, as he’s posted an 8.25 ERA across 88 1/3 innings of work with the club so far.

Some of that can surely be attributed to the perils of pitching at Coors Field, but even Blalock’s underlying metrics have been deeply troubling. In 58 2/3 frames this season, Blalock posted a minuscule 9.8% strikeout rate against an 8.4% walk rate that nearly matched the punch outs. That was the lowest K-BB% among pitchers with at least 50 innings last year. While a .332 BABIP and a 57.3% strand rate both suggest there could be room for positive regression relative to this year’s brutal 9.34 ERA, a 5.67 xFIP and 6.05 SIERA leave little room for enthusiasm about Blalock’s season in 2026.

Of course, that doesn’t mean decent production from the righty is impossible. Blalock still has youth on his side, having just celebrated his 25th birthday last month, and perhaps a Marlins team that has found a lot of success developing pitchers in recent years can help get the righty on track. Even if Blalock’s skills don’t take a step forward in his new organization, the righty could still benefit enough from getting away from Coors Field (where he has a career 10.85 ERA) that he proves to be an adequate depth option for Miami. The Marlins were in need of depth behind their starting rotation after trades of Edward Cabrera and Ryan Weathers hollowed out the team’s deep cachet of arms a bit.

The starting rotation in Miami remains strong on paper, even after those deals. Sandy Alcantara and Eury Perez figure to a lead a rotation that also includes Braxton Garrett, Max Meyer, and Janson Junk with top propsects Thomas White and Robby Snelling on the way. Blalock will join Ryan Gusto, Osvaldo Bido, and others in the group of depth arms behind the team’s primary starting options. While that puts him fairly far down the depth chart, the number of significant injuries Marlins pitchers (including Alcantara, Perez, and Garrett) have suffered in recent years makes Blalock pitching meaningful innings for the Marlins this year a legitimate possibility. That could change, however, if the team adds a more established veteran pitcher to help eat innings. That’s a move that’s been rumored and speculated upon frequently in the aftermath of their moves to deal away Cabrera and Weathers, but it’s unclear how the addition of depth arms like Blalock and Bido in recent weeks would impact those efforts.

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