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Orioles, Pete Alonso Agree To Five-Year Deal

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The Orioles missed out on Kyle Schwarber yesterday but are getting their big bat today, as ESPN’s Jeff Passan reports that they’re finalizing a five-year, $155MM deal with longtime Mets first baseman Pete Alonso. The agreement is in place with only a physical yet to be completed, Joel Sherman of the New York Post adds. There are no deferrals or opt-outs in the contract, per MassLive.com’s Chris Cotillo. Andy Kostka of the Baltimore Banner adds that Alonso receives a limited no-trade clause. Alonso is represented by the Boras Corporation.

It’s the second major defection from the Mets in as many days. Edwin Diaz spurned Queens for a three-year, $69MM deal with the Dodgers just yesterday. Alonso now heads to the Orioles, with whom he had an in-person meeting this week. While bolstering the rotation has been the obvious goal for Baltimore all offseason, the O’s have also been in pursuit of a major upgrade to the lineup. They offered Kyle Schwarber the same five-year, $150MM terms to which he agreed in his return to the Phillies and have now pushed incrementally further to give Alonso a record-setting average annual value for a first baseman over that same five-year term.

Alonso, who turned 31 over the weekend, famously rejected a reported seven-year, $158MM extension offer from the Mets back in 2023. He drew a fair bit of criticism for that decision, particularly when his market didn’t develop as hoped during last offseason’s initial foray into free agency. He wound up returning to the Mets on a two-year, $54MM deal that was frontloaded with a $30MM salary in 2025 and allowed him to opt back into free agency this winter. Between that $30MM, the $20.5MM he earned in his final season of arbitration eligibility and the newly promised $155MM from the Orioles, Alonso will end up with $205.5MM over the same seven years that would’ve been covered under the extension offer he turned down.

In Alonso, the Orioles are adding one of the steadiest power hitters on the planet. He’s slugged at least 34 home runs in every 162-game season since his 2019 debut, plus another 16 round-trippers in the shortened 2020 campaign. Dating back to 2019, Schwarber (268) and Aaron Judge (285) are the only players with more home runs than Alonso’s 264.

Steady as his power output has been, Alonso needed a “rebound” campaign of sorts in order to get this type of long-term deal. While his market last offseason was surely weighed down by a qualifying offer — players can only receive one QO in their career, so that wasn’t an issue this time around — Alonso had slugged a career-low 34 home runs with an increase in strikeouts and a downturn in his batted-ball metrics. His .240/.329/.459 output in 2024 was more good than elite.

The 2025 campaign brought improvements across the board. Alonso belted 38 homers and 41 doubles (up from 31 the year prior) while slashing .272/.347/.524 (141 wRC+). He lopped two percentage points off his strikeout rate, cutting it to a roughly average 22.8%, and saw enormous upticks in his average exit velocity (93.5 mph in ’25, 89.8 mph in ’24), barrel rate (18.9% vs. 13.2%) and hard-hit rate (54.4% vs. 46.4%). Alonso struggled through a poor month of July, but as the Mets were fighting for their postseason lives (and ultimately falling shy), Alonso put the team’s offense on his back alongside fellow stars Juan Soto and Francisco Lindor, raking at a .297/.339/.584 clip (153 wRC+) with 16 home runs and 15 doubles in 239 plate appearances from Aug. 1 onward.

Despite that Herculean finish to the season, Alonso received tepid interest from the only club he’s ever known. The Mets were reportedly reluctant to go beyond three years in their talks with Alonso, and the New York Post’s Joel Sherman reported in the aftermath of today’s agreement that the Mets never made a formal offer once it became clear where Alonso’s market was headed. That’s surely a point of frustration for the majority of Mets fans but also shouldn’t come as a major surprise; if the Mets were going to commit to Alonso long-term under president of baseball operations David Stearns and owner Steve Cohen, that likely would have happened last winter.

More to come.

Red Sox Interested In Kyle Teel

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Carlos Narvaez had a solid rookie season and emerged as Boston’s top option behind the plate in 2025.  However, the Red Sox have been linked to J.T. Realmuto’s market, so there is some indication that the Sox aren’t entirely set at the catching position.  Along those same lines, MassLive.com’s Sean McAdam reports that the club shown some interest in reuniting with ex-Boston prospect Kyle Teel, though “nothing is close now” between the Red Sox and White Sox.  McAdam adds that the BoSox had talks with the ChiSox about Teel both this offseason and last summer.

It was almost exactly a year ago to the day that Boston included Teel as part of a four-prospect package in the blockbuster trade that brought Garrett Crochet to Fenway Park.  A consensus top-60 prospect heading into the 2025 season, Teel made his Major League debut this year and had a strong initial showing, hitting .273/.375/.411 with eight home runs over his first 297 plate appearances in the Show.

Normally there wouldn’t be even a slight chance that the White Sox would consider flipping such a potential building block, except Edgar Quero is also on the roster as another possible “catcher of the future.”  This has led to teams inquiring on both Teel and Quero’s availability, just in case the South Siders were willing to deal from this on-paper surplus, or had already decided on which of Teel or Quero was their preferred choice going forward.

McAdam writes that “the White Sox are seen as more likely to deal Quero than Teel.”  This could be due to Quero’s shaky defense, as many scouts feel Quero won’t be able to stick at catcher while Teel’s glovework is seen as at least average.  Of course, there is no rush for Chicago to move either Quero or Teel any time soon, with both players so early in their development as big leaguers.

Re-acquiring Teel would be a somewhat unusual move on Boston’s part, and might indicate some trader’s remorse.  Obviously the Red Sox weren’t going to land Crochet without including at least one blue-chip prospect, and Teel ended up being the odd man out of the group known as Boston’s “big four” prospects at the time (Teel, Roman Anthony, Kristian Campbell, and Marcelo Mayer).  In a sign of how quickly things can change on the catching front, at this time last year the Red Sox thought they had Connor Wong lined up as a reliable everyday catcher, yet the 2025 season saw Wong struggle badly and Narvaez step up as a starter.

The Red Sox have enough young pitching depth that they could potentially drum up an offer intriguing enough to get the White Sox to move Teel, even if that scenario is certainly on the unlikely side.  Many expect Realmuto to ultimately re-sign with the Phillies, which could leave Boston looking for more catching help.  Narvaez’s health is a slight question mark since he underwent a minor knee surgery following the season, but he is expected to be set for the start of Spring Training.

Twins Release Carson McCusker To Pursue Opportunity In Asia

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The Twins have placed outfielder Carson McCusker on unconditional release waivers, per Dan Hayes of The Athletic. McCusker is expected to play in Asia next year, though no details have been provided about the specific country or team he is headed to. For the Twins, their 40-man roster count drops to 39, just hours before the Rule 5 draft. That means they could now be in position to make a selection in that draft.

McCusker, 28 in May, was a bit of a feel-good story for the Twins in 2025. He went undrafted out of college and wound up in indy ball in 2021 and 2022. The Twins then signed him and he worked his way up the ladder to the majors. He was sent up to the plate 30 times over 16 appearances. His .172/.200/.172 line was not impressive in that small sample but he was surely delighted just to make it to the show after not even being in affiliated ball a few years prior.

His minor league track record is greater in quantity and quality. From 2023 to 2025, he stepped to the plate 1,146 times across various levels of the farm. His 32.1% strikeout was quite high but he hit 55 home runs and slashed .265/.335/.494 for a wRC+ of 119.

If McCusker had stayed in with the Twins, he likely would have spent the majority of 2026 in the minors. Minnesota’s outfield mix currently consists of Byron Buxton, Trevor Larnach, Matt Wallner, James Outman, Alan Roden, Emmanuel Rodriguez, Gabriel Gonzalez, Hendry Mendez as well as infield/outfield types like Austin Martin, Kody Clemens and Ryan Kreidler. Prospect Walker Jenkins isn’t on the 40-man yet but has reached Triple-A and should be in the mix soon.

By heading overseas, he will presumably lock in a bigger guarantee and a more regular opportunity to showcase his abilities. If he succeeds in this new venture, he could parlay that into a return to North America or further opportunities in other leagues.

Photo courtesy of Matt Krohn, Imagn Images

Blue Jays Notes: Weaver, Outfielders, Berrios

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With the Blue Jays scouring the bullpen market, Sportsnet’s Ben Nicholson-Smith reports that Luke Weaver is one of the many relievers on the Jays’ radar.  Weaver temporarily served as the Yankees’ closer in 2025, but would presumably be used just in a high-leverage capacity by the Jays, and probably isn’t viewed as a candidate to supplant Jeff Hoffman in the ninth inning (unlike other Jays targets Robert Suarez or the newly-signed Dodger Edwin Diaz).

MLB Trade Rumors projected Weaver for a two-year, $18MM contract, and we ranked the right-hander 41st on our list of the offseason’s top 50 free agents.  He posted a 3.62 ERA, 7.6% walk rate, and 27.5% strikeout rate, with very strong chase and whiff rates accompanying that impressive K%.  However, Weaver’s 2025 season was a Jekyll-and-Hyde campaign built around a three-week absence in June due to a hamstring strain.

Weaver had a 1.05 ERA over 25 2/3 innings prior to his stint on the injured list, and then a 5.31 ERA over his final 39 innings of the season.  If the regular-season woes weren’t enough, Weaver was then charged with five earned runs over what was officially just one-third of an inning pitched over three playoff appearances — the Jays themselves contributed to this misery by scoring three runs off Weaver without a batter retired in their 10-1 rout in Game 1 of the ALDS.

The long ball was a big part of Weaver’s problem, as eight of his 10 home runs allowed in 2025 came following his IL stint.  His 27.5% grounder rate was one of the worst in the league, and well below the 38.7% grounder rate he’d posted over nine previous big league seasons.  The big question facing the Blue Jays or any other suitors is whether or not this susceptibility to home runs is a new reality for Weaver, or either a lingering after-effect of his hamstring injury or perhaps just because of some tipped pitches.

As Nicholson-Smith notes, spending huge money on a closer probably isn’t an ideal situation for Toronto’s front office, so Weaver represents an option a tier below Suarez’s asking price.  Beyond signing a reliever, another option would be to add bullpen help via the trade market, and The Athletic’s Ken Rosenthal and Will Sammon write that the Blue Jays “are considering” the idea of trading an outfielder for a reliever.

Nathan Lukes, Myles Straw, Joey Loperfido, “and a few others” are candidates for such a deal.  Presumably this would mean minor league depth options like Jonatan Clase, and not presumptive starters like Daulton Varsho, Addison Barger, or Davis Schneider.  (The Blue Jays probably wouldn’t mind moving Anthony Santander, yet Toronto would have to eat a huge chunk of Santander’s remaining contract in the aftermath of his injury-marred down year.)

Lukes was a part-timer over his first two seasons with Toronto, but emerged as a regular in 2025, hitting .255/.323/.407 over 438 plate appearances (103 wRC+).  The left-handed hitting Lukes primarily played against right-handed pitching, though his splits were only somewhat better against righties than lefties.  Lukes can play all three outfield positions, and has delivered passable glovework in center field while excelling in corner outfield roles.

Outfield-needy teams could certainly view Lukes as a candidate for at least strong-side platoon duty.  He is also controllable through the 2030 season as a probable Super Two candidate when he gains arbitration eligibility next winter, though the late-blooming Lukes is already 31 years old.  The 26-year-old Loperfido is another player with long-term control since he has barely over a full year of MLB service time, and after he hit .333/.379/.500 over 104 PA for the Jays in 2025, rival clubs might be keen to see what he could do with more playing time.

This winter’s center field market is thin enough that Straw could be viewed as a glove-first starter.  Straw has never been much of a hitter throughout his eight MLB seasons, but posting a 91 wRC+ in 2025 (from a .262/.313/.267 slash line over 299 PA) counts as a relative surge by Straw’s standards.  Some teams will view that as an acceptable level of offense from a player who can deliver Gold Glove-worthy defense in center field.

Straw is the most expensive of this trio, as he is owed $7MM in 2026, and the Blue Jays hold an $8MM club option on his services for 2027 (with a $1.75MM buyout) and an $8.5MM club option for 2028 ($500K buyout).  As per the terms of the trade that brought Straw from Cleveland to Toronto last winter, the Guardians are covering $1MM in salary this year and will pay $1.75MM towards either the 2027 buyout or salary.

A $6MM immediate price tag for a superb defensive center fielder isn’t outlandish, and it is a testament to Straw’s bounce-back year that he has regained some value after being a salary dump for the Guardians last offseason.  Beyond just the statistics and the salary, however, Rosenthal/Sammon notes that Straw’s reputation as a great locker room leader must be valued by both trade suitors and the Blue Jays, given how close-knit Toronto’s clubhouse was during their playoff run.

It makes for a difficult tightrope for the Jays to walk this winter, as while the team obviously wants to retain their 2025 magic on and off the field, some upgrades are needed.  Dylan Cease and Cody Ponce are already big new additions to the pitching staff, and beyond the possibility of a Bo Bichette reunion, signing a Kyle Tucker or an Alex Bregman would bring an entire new dimension to the lineup.  Nicholson-Smith suggests that if all of Bichette, Tucker, and Bregman signed elsewhere, Toronto wouldn’t necessarily feel the need to seek out another prominent hitter, as the team has trust in its core.  Such a decision would carry some risk, as the Jays would be hoping Santander regains his old form, and the rest of the lineup continues basically its team-wide breakout performance.

Jose Berrios’ situation has also been a subplot of Toronto’s offseason, as the Blue Jays are reportedly open to trading the veteran starter, though that’ll be a tricky endeavor considering Berrios’ down year and the three years and $66 remaining on his contract.  There have been rumblings that Berrios isn’t happy with his status with the team, as he was removed from the rotation late in the season and (ostensibly due to an injury) wasn’t part of the playoff roster.  According to The Athletic’s Mitch Bannon, Berrios hasn’t requested a trade.

GM Ross Atkins shared some details on Berrios when speaking with Bannon and other reporters on Monday, saying Berrios was indeed “disappointed that he wasn’t in our rotation.  He handled it well….We’re never going to have a situation where we have 40 players or even 26 players that are feeling great about the opportunity that they were given.”  The Blue Jays still view Berrios as a starter going into 2026, and rotation depth might be critical given how Shane Bieber isn’t necessarily a lock for Opening Day due to late-season forearm fatigue.

Rangers Have Not Had Substantial Trade Talks Regarding Corey Seager

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The Rangers, as they look to address several areas of need on the roster while simultaneously scaling back payroll, have received numerous calls on star shortstop Corey Seager. However, while Evan Grant of the Dallas Morning News lists the Red Sox (as was reported last night), Yankees and Braves as teams that have inquired, he adds that the Rangers are not at all motivated to move Seager and haven’t had any meaningful trade talks regarding the five-time All-Star.

On the surface, it sounds like a fairly similar situation to that of Ketel Marte in Arizona. Seager, like Marte, is an MVP-caliber talent on a weighty long-term contract whose current club is hoping to walk the line of simultaneously addressing multiple roster needs and scaling back the payroll. The Rangers aren’t expressly turning teams away but also aren’t shopping Seager and would surely need multiple controllable young big leaguers who could help immediately if they were to even entertain the idea of a trade.

Seager, 32 in April, was limited to 102 games last season thanks to multiple hamstring strains but continued to produce at an elite level when on the field. He hit .271/.373/.487 last season and touts a huge .294/.372/.544 batting line in his past 1514 plate appearances as a Ranger. That’s 52% better than league-average production after weighting for his home park, by measure of wRC+. Seager also walked at a career-best 13% clip in 2025 and notched the second- or third-best marks of his career in average exit velocity (92.9 mph), barrel rate (15.3%) and hard-hit rate (53.6%). He also posted a career-high 16 Defensive Runs Saved, while Statcast’s Outs Above Average credited him as a positive defender (+4) for the third time in the past four seasons.

The Rangers signed Seager to a 10-year, $325MM contract prior to the 2022 season. He’s lived up to that massive payday thus far but is still owed $186MM over the next six seasons (paid out evenly at $31MM per year). Adding that type of commitment would send the Yankees careening into the top tier of luxury penalization for a third straight season. They’re currently just shy of the third-tier cutoff ($284MM), per RosterResource. As soon as they cross that line, they’ll be subject to a 95% tax on subsequent additions and will see their top pick in next year’s draft dropped by 10 places. Effectively, Seager could cost them double the remaining commitment on his contract.

It’s not quite so extreme in Boston, where the Red Sox are about $20MM shy of the first luxury tier. Seager would push them into the first tier for a second straight season. They’d owe a 30% tax on the roughly $11MM of Seager’s contract that clocks in beyond that first penalty line. Once they’re more than $20MM over the limit, that’d jump to 42%. Crossing the threshold by more than $40MM would push the Red Sox’ top draft pick back 10 spots and bump the tax on subsequent additions to 72.5%.

The Braves are currently the furthest of this group from the luxury tax threshold, sitting about $33MM shy on RosterResource’s projections. They could technically add Seager without hitting the tax line, though acquiring him would effectively signal a willingness to pay the tax, as they’d be about $2MM away from the first-tier cutoff and have several other acquisitions they’d like to make. However, Ken Rosenthal of The Athletic reported last month that Atlanta is one of eight teams on Seager’s limited no-trade list. That only further reduces the likelihood of a deal. Seager will gain full no-trade protection after the 2026 season, by virtue of 10-and-5 rights.

It’s still not entirely clear what type of payroll figure Rangers ownership has in mind. Texas currently projects for a payroll around $169MM, which is about $47MM shy of last year’s Opening Day mark. They’re looking for help behind the plate, at first base and on the pitching staff. That’s a lot of boxes to check, clearly, but there should be at least some room for modest spending. There are also various trade avenues to explore that don’t involve shipping out their best all-around position player (or one of their best but expensive arms like Jacob deGrom or Nathan Eovaldi, for that matter).

It’s of at least moderate note that Texas didn’t outright dismiss the possibility of trading Seager, but it’s more notable that they’re not digging deeply into the possibility. If one of the interested parties presents a compelling enough offer, perhaps the Rangers would ponder such a switch, but this appears to be a very different scenario than, say, the Cardinals — a rebuilding club with motivation to shed several veteran contracts and a willingness to pay down some of that salary. Seager’s name may well continue to surface in rumors, just as we’ve seen with Marte in Arizona or Tarik Skubal in Detroit, but that doesn’t mean he’s all that available or that the Rangers are eager to deal him.

Pirates, Reds Among Teams Interested In Brandon Lowe

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The Rays are known to be listening to offers on second baseman Brandon Lowe, whose $11.5MM club option was picked up by the team at the start of the offseason. Lowe will be a free agent next winter. The Pirates have inquired about Lowe, per MLB Network’s Jon Morosi, and the Reds have also discussed the slugging second baseman, per Ken Rosenthal and Will Sammon of The Athletic.

The 31-year-old Lowe has been a consistently above-average hitter throughout his big league tenure, dating all the way back to his MLB debut in 2018. That includes 2025, when Lowe belted 31 home runs in just 134 games. The lefty-swinging slugger turned in an overall .256/.307/.477 batting line. While his 6.9% walk rate was the lowest of his career, Lowe’s 91.1 mph average exit velocity and 46.4% hard-hit rate were some of the best he’s posted in his eight major league seasons.

Over the course of those eight big league campaigns, Lowe is a .247/.326/.481 hitter with 157 home runs, 126 doubles, 12 triples, 33 steals, a 9.4% walk rate and a 27.3% strikeout rate. He’s typically graded out as a solid defensive second baseman, though he was dogged by both Defensive Runs Saved (-14) and Statcast’s Outs Above Average (-13) during the 2025 season. It bears mentioning that he missed time with ankle and oblique injuries in ’25, either of which could have impacted him defensively. Those maladies only added to a relatively lengthy injury history; Lowe has also missed time due to multiple back injuries, a bone bruise in his shin and a fractured kneecap.

Pittsburgh stands as a clean and obvious fit. The Bucs are looking for power bats to add to the lineup, and Lowe has plus power from the left side — a key distinction for Pirates targets, as PNC Park is the toughest environment in MLB for right-handed home run power. It’s a pitcher-friendly venue in general, but left-handed power isn’t suppressed nearly as much as right-handed pop.

The Pirates lack a clear option at second base. Former top-10 pick Nick Gonzales hasn’t hit in parts of three big league seasons, slashing just .257/.300/.375. Even if the Pirates want to give him another look, it could come at another position. Gonzales played a career-high 109 innings at shortstop last year and has dabbled at third base. Nick Yorke, another former first-rounder (2020) whom Pittsburgh acquired from the Red Sox in exchange for Quinn Priester, has struggled in a small sample of 33 MLB games. Former top prospect Termarr Johnson had a nice season in Double-A last year but is just 21 years old and has yet to play at the Triple-A level. Lowe could serve as a bridge for Johnson, the No. 4 overall pick back in 2022.

It’s been an uncharacteristically aggressive offseason for the Pirates, even if their efforts in free agency have yet to bear fruit. They were reportedly willing to offer Josh Naylor around $80MM and put forth a franchise-record $120-125MM offer to Kyle Schwarber before he agreed to return to the Phillies on a five-year, $150MM deal. Adding Lowe in a trade with Tampa Bay wouldn’t be as big a splash but could provide some of the thump the Bucs are known to seek as they look to provide support for their terrific young rotation. Given that the Bucs were willing to go those reported lengths on Naylor and especially Schwarber, Lowe’s $11.5MM salary shouldn’t be any kind of deterrent.

For the Reds, Lowe isn’t quite as clean a fit — at least not at second base. Cincinnati hopes that former first-round pick and fifth-place Rookie of the Year finisher Matt McLain can bounce back after a brutal 2025 showing. McLain hit .290/.357/.507 with 16 homers and 14 steals in only 89 games as a rookie in 2023 before missing the 2024 season due to shoulder surgery. He returned in 2025 but mustered only a .220/.300/.343 line in 147 games.

Even with McLain likely taking some of the time at second base, there could be room for Lowe. First and foremost, McLain has a full slate of minor league options remaining. Cincinnati could try to get him back on track in Triple-A Louisville if he struggles next spring. Lowe also has experience in left field and at first base. Plus, either player could slot in for occasional DH work. McLain is a talented defender, but some relative “downtime” at DH could conceivably keep him healthier. He made only three DH appearances this past season.

One outside-the-box possibility for the Rays and their longtime second baseman could hinge on Tampa Bay’s interest in Diamondbacks star Ketel Marte. The Rays have inquired with the Snakes about Marte, according to The Athletic, and one scenario they’ve considered could send Brandon Lowe to Arizona as part of that return. Tampa Bay would surely need to add immediate rotation help and likely some prospect value as well in order to even get the D-backs to consider the possibility.

The Diamondbacks have repeatedly downplayed the swirling spate of trade rumblings surrounding Marte, who is signed for another six years and $102.5MM. General manager Mike Hazen has publicly called a trade “unlikely” but acknowledged that he never outright dismisses interest in any player. He’ll always hear teams out as a matter of diligence. Hazen has also contended that teams have inquired on Marte repeatedly over the past several offseasons, but that attention simply hasn’t generated as much public chatter as it has this time around. Still, the Rays make for an interesting entrant into the bidding, if only because their perennial payroll concerns make them an unexpected landing spot for a player with more than $100MM still remaining on his contract.

There are plenty of interconnected pieces at play with regard to the Rays, Pirates, Reds and D-backs in all these trade scenarios. The Reds, Rosenthal and Sammon note, also have interest in Marte. As with Tampa Bay and Pittsburgh, they have plenty of affordable young pitching to dangle in trade talks. The Diamondbacks are loath to part with Marte, but the Reds, Pirates and Rays have deeper stocks of pitching to try to persuade Arizona than many of their rivals throughout the league.

The Opener: Rule 5 Draft, Polanco, Relief Market

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As the Winter Meetings continue, here are three things we’ll be keeping an eye on around the baseball world throughout the day today:

1. Rule 5 Draft today:

Baseball’s annual Rule 5 Draft is scheduled to take place at 1pm CT this afternoon. International players and high school draft picks who signed in 2020 and college draft picks signed in 2021 who have not yet been added to their club’s 40-man roster are vulnerable in today’s draft, where any club can select them for a $100K fee. If the player does not stick on their new club’s 26-man roster for the entire season, he must be offered back to his original club for $50K. Teams must have open space on their 40-man roster to select a player in the draft, meaning the Twins, Orioles, Braves, Rays, and Diamondbacks would each need to clear space on their 40-man roster before the draft begins in order to participate.

Players selected in the Rule 5 draft occasionally go on to impact their team in the future, as free agent outfielder Anthony Santander famously did following his selection in the 2016 Rule 5 Draft. 2025’s draft saw White Sox right-hander Shane Smith and Marlins catcher Liam Hicks stick with the clubs that drafted them on the 26-man roster through the entire year, while right-hander Mike Vasil was claimed off waivers by the White Sox and remained in Chicago for the whole year as well. Smith, in particular, is noteworthy for earning an All-Star appearance and down-ballot consideration in AL Rookie of the Year voting thanks to his 3.81 ERA in 29 starts for Chicago. Will a similarly valuable diamond in the rough be unearthed today?

2. Could the Pirates pivot to Polanco?

The Pirates were among the teams most aggressive in pursuing slugger Kyle Schwarber, but after he turned down the club’s four-year, $120MM offer they could still look to reallocate at least some of those resources to other pursuits in their efforts to upgrade the offense. Pittsburgh has been connected to infielder Jorge Polanco in the past, and Alex Stumpf of MLB.com reported yesterday that the Pirates were expected to put an offer on the table for the switch hitter’s services soon. Will Polanco be the big free agent fish Ben Cherington’s front office has been working to land, or will they end up looking elsewhere for offensive talent to support Paul Skenes and the rest of their excellent rotation?

3. Relief market buzzing:

The market for relievers has been the busiest part of free agency so far this winter, and yesterday was no exception as Edwin Diaz landed with the Dodgers on a three-year agreement. Diaz wasn’t the only significant name to come off the market yesterday either, as the Pirates signed southpaw Gregory Soto to a one-year deal and the Tigers re-upped with Kyle Finnegan on a two-year pact. That takes three more late-inning arms off the market and leaves the teams still in the market for top relievers running low on options. Robert Suarez is now the best option on the market and is drawing interest from a pair of new suitors, but he’s hardly the only interesting option available. Brad Keller, Luke Weaver, Tyler Rogers, Seranthony Dominguez, and Pete Fairbanks are all also still available after landing on MLBTR’s Top 50 MLB Free Agents list. Who will be the next to sign?

Astros Receiving “Minimal” Interest In Christian Walker

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The Astros kicked off the offseason by downplaying the idea that they would consider dealing away either third baseman Isaac Paredes or first baseman Christian Walker to clear the infield logjam the summer’s Carlos Correa trade created, but more recent reporting has suggested at least some discussions involving Paredes with the Red Sox. Chandler Rome of The Athletic discussed situation in Houston with more detail yesterday, noting that the club’s plans to use Yordan Alvarez as a regular DH and Jose Altuve at second base more frequently in 2026 leave the club with limited options to squeeze both Paredes and Walker into the lineup on a regular basis. That would seemingly indicate that a trade is likely to be in the cards, but Rome added that the club has received little interest in Walker’s services this winter.

That’s not exactly shocking news, given the lackluster inaugural season Walker put together with the Astros. In 154 games with Houston, Walker slashed just .238/.297/.421 with a wRC+ of 99 and 1.1 fWAR. The season wasn’t all bad, as Walker did hit .250/.312/.488 after the All-Star break. That second half performance saw him swat 15 homers in 263 plate appearances and post a 120 wRC+ that was exactly in line with what he had done in Arizona from 2022-24, offering some reason for optimism headed into the veteran’s age-35 season in 2026.

Even with that optimism, however, it’s easy to see why rival clubs wouldn’t be especially excited about taking on the final two years and $40MM owed to an aging first baseman who posted numbers just a tick below league average last year alongside his highest strikeout rate and lowest walk rate since becoming an MLB regular. Walker’s declining discipline would surely make it hard for the Astros to get a significant return for his services, which could leave the team better off hoping for a return to form and instead listening to offers on Paredes.

That would be a real blow to the team’s lineup, as Paredes delivered a .254/.352/.458 (128 wRC+) performance in 102 games before being sidelined by a hamstring injury shortly before the trade deadline. Losing that sort of offensive impact from a lineup that posted a pedestrian wRC+ of 100 last year would be difficult, but a healthy season from Alvarez would surely help to make up for the loss of Paredes even if quality regulars like Walker, Correa, and Altuve don’t bounce back. That could make a trade that ships out Paredes in exchange for pitching help sensible for the Astros, especially given the team’s logjam around the infield.

With star shortstop Jeremy Pena just two seasons from free agency and the market for quality shortstops this winter extremely thin, there’s been some speculation about his own availability in trades. While a trade of Rome could allow Correa to slide back to shortstop while Paredes reclaims his native third base, Rome reports that GM Dana Brown firmly shut that notion down. When asked if he was discussing Pena in trade talks, Brown was emphatic in his denial.

“No,” Brown said, as relayed by Rome. “His name has not come up and I think teams understand if you’re a winning team and you’re trying to go back to the postseason, there’s no way you can trade your starting shortstop.”

The team’s apparent plans leave increasingly limited options for the team to keep both first base options in the fold, and Rome suggests that Paredes learning left field could be the only way to fit both Paredes and Walker in the lineup on a regular basis next year. That assumes Alvarez will be an everyday DH and Altuve will return to second base on a regular basis, as comments from Brown and manager Joe Espada have suggested. That would leave room for occasional starts for Paredes at second base or DH on days off or during rare cameos for either player in left field, but it hardly seems likely to be a significant number of at-bats.

Rome’s suggestion of Paredes trying left field comes with real obstacles. The 26-year-old has zero experience anywhere in the outfield as a professional, which makes the possibility of a move to left seem fairly remote. Altuve had never played the outfield prior to picking up the position last spring, but moving to the outfield could come with additional considerations for Paredes so soon after a major hamstring injury. Perhaps playing time could be juggled between six players for five spots in the lineup even without Paredes spending time in left, though Rome noted that the players themselves might not be content with being asked to sit regularly.

Turning back to Walker, if the Astros were motivated to move him Rome suggests that he’s not unmovable. Walker’s track record, veteran presence, and strong second half were surely be enough to find a take for his services on the trade market in at least some capacity, though Houston would surely have to eat a chunk of his salary and/or accept a fairly minimal return in order to facilitate that sort of deal. The Red Sox, Mets, Yankees, Marlins, Diamondbacks, and Padres are among the teams who could theoretically use help at first base this winter, though many of those clubs may prefer their internal options to swinging a trade for Walker.

Padres Not Inclined To Trade High Leverage Relievers

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The Padres are getting calls on their high leverage relievers, according to to a report from Kevin Acee of The San Diego Union-Tribune yesterday afternoon. Mason Miller, Adrian Morejon, Jeremiah Estrada, and David Morgan have all drawn interest from rival clubs, per Acee, though the report emphasizes that while the Padres have fielded calls on those players they aren’t inclined to move anyone from that group.

“There’s a lot of teams (from which) we have taken incoming calls,” president of baseball operations AJ Preller told reporters, as relayed by Acee. “…It’s nice when people are calling you, and they have interest in your players. At least then, you have some options. But I think the focus has been on the starting pitching and how do we fill that without taking away from the bullpen or from the lineup.”

Preller went on to double down on his desire to keep his team’s elite bullpen together.

“Anytime you have multiple people in one spot, you at least can listen to those types of conversations,” Preller said, per Acee. “But it’s not easy to find impact players, so you don’t take that for granted. And we have a lot of performers in our pen that have been impactful here the last couple years. It’s probably been why we’ve been in the playoffs the last few years. There’s a lot of reasons, but that’s been a big one. … So we don’t take that lightly. It’s not like, ‘Hey, we have a lot of really good pitchers, so we can afford to kind of take our level down in the bullpen.’”

That’s an understandable stance to take. San Diego had MLB’s best bullpen by ERA, xERA, and fWAR in 2025. Granted, that’s with Robert Suarez in the fold, but it also only accounts for half a season of Miller’s impact. While trading from that strength could make some sense to improve a rotation that’s losing Dylan Cease and Michael King, it’s worth remembering that none of the team’s top relievers has an especially high salary; Estrada and Morgan will play next year on a pre-arbitration salary, while Morejon and Miller are projected to make a combined $7MM total via arbitration in 2026 by MLBTR contributor Matt Swartz. With such negligible salaries, trading any of that quartet wouldn’t open up the sort of payroll space necessary to land an impactful starter.

Reluctant as the club may be to trade from its bullpen, the Padres do find themselves in a bind at this point. Acee notes that San Diego needs to add at least two starters this offseason to replace King and Cease, and the club is known to be planning to spend at a similar level to last year. Perhaps the team’s reported willingness to move players making more significant salaries like Jake Cronenworth and Nick Pivetta will allow them to shed the sort of salary needed to add a starter or two in free agency.

Failing that, however, it’s not inconceivable that the Padres could trade a reliever for a starter. The Marlins notably have starting pitchers (including Edward Cabrera and former Padre Ryan Weathers) that they’re willing to trade this winter, and are known to be in the market for a closer this winter. Bringing someone like Morejon or Estrada into the fold as the primary piece of the return for a starter’s services could allow Miami to bring in the closer they’re looking for without having to pay a premium for someone like Suarez or Pete Fairbanks on the open market.

As the Padres look to upgrade their rotation mix, Acee continues to report that Preller’s front office is working on a “blockbuster” trade. Neither the names involved in those discussions nor the other team (or teams) Preller is negotiating with are named, but Acee does emphasize that the Padres will not be trading Fernando Tatis Jr. this winter. While a Tatis trade would clear significant salary off the books and surely bring in a massive return, Tatis has shown himself to be a consistent five-to-six win player when healthy and losing him would be a brutal blow to the Padres’ goal of keeping their competitive window open headed into 2026. Tatis may not be on the move this winter, but Preller’s willingness to get creative and aggressive on the trade market make it impossible to completely rule out a trade involving virtually any other player on the roster or in the farm system.

Braves, Cubs Among Teams Interested In Robert Suarez

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Edwin Diaz came off the market on Tuesday when he signed a three-year deal with the Dodgers earlier today. Now that both he and Devin Williams are off the board, veteran right-hander Robert Suarez stands as the clear top option available on the market for closers this winter. It didn’t take long after Diaz’s deal was reported for MLB.com’s Mark Feinsand to report that Suarez’s market was starting to gain traction. Feinsand highlighted the Mets, Blue Jays, and Braves as the “most aggressive suitors” for the righty’s services. New York and Toronto have both been connected to Suarez already this winter, but Atlanta is a newly-reported suitor. Meanwhile, Francys Romero of BeisbolFR throws the Cubs’ name into the mix as well, reporting that Chicago is exploring the closer market and adding that Suarez is “one of the ideal candidates” for the club.

Suarez, 35 in March, has been an All-Star in back-to-back seasons. He’s sporting a 2.87 ERA and 3.17 FIP with 76 saves in 134 2/3 innings of work across those two campaigns. This year, he struck out 27.9% of his opponents with a 5.9% walk rate, giving him a 21.9% K-BB ratio that ranked 26th among qualified relievers this year. Those excellent numbers are enough to make him one of the league’s top relievers, although the right-hander’s age and imperfect track record (including a middling 2023 season where injury limited him to just 26 appearances) figure to limit the length of his contract somewhat. MLBTR predicted Suarez for a three-year, $48MM deal as the #21 free agent on our Top 50 MLB Free Agents list for the offseason.

That would be a hefty sum for a team like the Braves to pay for a closer when they already have longtime closer Raisel Iglesias in the fold, particularly when Atlanta is also in the market for help at shortstop and in the rotation. With that said, it certainly wouldn’t be the first time the club committed significant dollars to their bullpen. Iglesias, Joe Jimenez and Aaron Bummer are both on significant contracts already, and players like Pierce Johnson and Will Smith have been guaranteed significant dollars by Atlanta in the past.

The Cubs seem like a much clearer fit for Suarez, at least on paper. They’ve lost Brad Keller, Drew Pomeranz, Caleb Thielbar, and Andrew Kittredge from their bullpen this offseason. While they signed Phil Maton last month and Daniel Palencia remains a viable closing option, that’s still a lot of talent to lose from the late-inning relief mix. That makes it unsurprising that Chicago would be in the mix for a player like Suarez, although it’s worth noting that the Cubs have typically shied away from large multi-year commitments to relievers. Maton’s two-year deal is actually the first multi-year guarantee the team has signed a reliever to since Craig Kimbrel back in 2019, but a deal for Suarez would be on another level entirely; his annual salary would surely rival the $14.5MM total guarantee Maton landed.

The Mets and Blue Jays remain as perhaps the most obvious fits for the righty. While New York did bring Williams into the fold, they remained in on Diaz even after that signing. Now that Diaz has settled on Los Angeles, the Mets pivoting towards Suarez to strengthen the back of their bullpen is easy to understand, particularly after Williams delivered inconsistent results in the ninth inning as a member of the Yankees last year. The Jays, meanwhile, have long been known to be in the market for another high leverage reliever to pair with Jeff Hoffman in the late innings.

The number of quality closers on the market is dropping quickly, and if Toronto is hoping to add a high-end reliever with closing experience Suarez is undoubtedly the top option at this point. Keller and Tyler Rogers are alternative impact options still available who lack that ninth inning track record, while closers like Pete Fairbanks and Luke Weaver are still available but are coming off far less impressive seasons than the one Suarez just delivered in San Diego. The Marlins and White Sox are among the other teams known to be involved in the closing market this winter, though it would be a surprise to see either spend aggressively enough to land someone of Suarez’s caliber.

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