Marlins Acquire Leo Jimenez
The Marlins are set to acquire infielder Leo Jimenez in a trade with the Blue Jays, according to Sportsnet’s Ben Nicholson-Smith. Francys Romero reports that the Jays will receive minor league infielder Dub Gleed and $250K in international bonus pool money in return. Miami’s 40-man roster is full, so some sort of corresponding move will have to be create room for Jimenez before the trade is officially announced.
Jimenez is out of minor league options, so the Jays had to designate the infielder for assignment when he wasn’t included on the Opening Day roster. It didn’t seem likely that Jimenez was going to sneak through waivers and remain with the Blue Jays via an outright assignment, and the Marlins indeed stepped up with a trade offer to bring the 24-year-old into their organization.
Making his MLB debut in 2024, Jimenez posted a respectable 101 wRC+ over his first 210 plate appearances, hitting .229/.329/.358 with four home runs. Bo Bichette‘s injury woes that season opened the door for Jimenez to receive a good chunk of playing time, but with Bichette back in 2025 and other players (i.e. Andres Gimenez, Ernie Clement, Addison Barger) all becoming bigger parts of the infield picture, Jimenez became the odd man out.
Injuries also didn’t help Jimenez’s case, as he played in only 44 total games between the majors and minors in 2025. Over 18 games with the Blue Jays, Jimenez had just a .301 OPS to show for 32 trips to the plate, though he hit better in the minors. Jimenez has a .260/.404/.380 slash line and seven homers over 374 career PA at the Triple-A level.
While it seems like power will never be a big part of Jimenez’s game, his ability to collect hits and draw walks against big league pitching will determine whether or not he can be a regular in the majors. Defensively, there seems to be little question that Jimenez’s glove is ready for primetime, whether as a shortstop or as a second baseman. Jimenez’s arm strength has been seen as a potential barrier to sticking at shortstop, and the Jays used him more regularly at second base over the last couple of years, though that could’ve been more due to Bichette’s presence at shortstop.
Jimenez now gets a fresh start on a new team, playing behind Xavier Edwards at second base and Otto Lopez at shortstop. Miami’s incumbent middle infield duo are both strong defenders and good speed threats, though both Edwards (95 wRC+) and Lopez (86 wRC+) had subpar offensive numbers overall. There’s room for Jimenez to potentially earn himself some playing time, though for now he’ll join a position-player mix that has been depleted by IL stints for Christopher Morel and Kyle Stowers.
Miami already signed Austin Slater to help fill in for Stowers in the outfield, and now Jimenez will bolster the infield depth chart. With Morel out, the Marlins have used Connor Norby and newly-recalled Deyvison De Los Santos at first base, with Graham Pauley and super-utilityman Javier Sanoja at third base. The Fish are expected to mix and match at least until Stowers is back in a few weeks’ time, giving Jimenez some opportunity to play in the field as others are rotated into the DH spot.
The 23-year-old Gleed was a ninth-round pick for the Marlins in the 2024 draft, and his first season of pro ball saw Gleed make it all the way to Triple-A, albeit for just one game. Gleed hit .252/.391/.347 over 275 plate appearances at four different Marlins affiliates, with most of his playing time coming at the A-ball and Double-A levels. Gleed primarily split time between the two corner infield positions, and also appeared in a game apiece as a second basema and as a catcher.
Royals Outright Drew Waters To Triple-A
The Royals announced that outfielder Drew Waters has been outrighted to Triple-A Omaha after clearing waivers. Waters was designated for assignment earlier this week, as since he is out of minor league options, Kansas City first had to expose Waters to waivers before sending him to Triple-A and removing him from the 40-man roster.
A former top-100 prospect during his time in the Braves’ farm system, Waters’ stock slipped after he had trouble hitting Triple-A pitching. In July 2022, Waters was one of three prospects sent to K.C. in exchange for the 35th overall pick in the 2022 draft (the Royals’ Competitive Balance Round A selection). Atlanta used that pick to select right-hander JR Ritchie, now a highly-touted prospect in his own right who should be making his MLB debut at some point in 2026.
Waters’ change of scenery woke up his bat at the Triple-A level, as he batted much better in Omaha than he did with the Braves’ top affiliate in Gwinnett. Waters also got his first call to the majors post-trade and hit .240/.324/.479 over his first 109 plate appearances in the Show, creating some hope that he would be part of Kansas City’s regular outfield mix in 2023.
Unfortunately for both Waters and the Royals, he has hit only .233/.296/.349 over 575 PA since Opening Day 2023. He might have received less playing time if it wasn’t for the Royals’ near-total lack of production from their outfielders as a whole over the last few years, so Waters kept getting chances.
Waters has less than five years of MLB service time and this is the first time he has been outrighted, so he didn’t have the ability to reject the outright assignment in favor of free agency. He can now choose to become a free agent if outrighted in the future, though the first step for Waters will be earning another selection back onto the Royals’ active roster. That opportunity might not arise unless an injury hits the current K.C. outfield, and even if Waters is selected as a replacement, he’ll face the DFA/waivers/outright carousel familiar to all out-of-options players whenever the Royals opt to send him back to Triple-A.
Orioles Acquire Johnathan Rodriguez From Guardians
The Orioles acquired outfielder Johnathan Rodriguez from the Guardians in exchange for minor league right-hander Carter Rustad, MLB.com’s Tim Stebbins. reports. The two teams have each officially announced the trade, and the Orioles optioned Rodriguez to Triple-A.
Rodriguez is a veteran of 44 big league games, all with the Guardians in 2024-25. A third-round pick for Cleveland in the 2017 draft, Rodriguez has been crushing minor league pitching for four years now, and he has a .301/.390/.535 slash line and 56 homers over 1083 plate appearances at the Triple-A level. In the majors, however, Rodriguez has hit only .176/.282/.304 with 36 strikeouts over his 117 PA in a Guards uniform, as his struggles with advanced spin rates have been highlighted against upper-level pitchers.
It was enough for the Guardians to designate Rodriguez for assignment in advance of Opening Day, and Baltimore stepped up with a trade offer to bring the 26-year-old outfielder into the organization. Rodriguez has a minor league option remaining, so he’ll provide the O’s with some depth at the very least, even if it remains unclear where exactly Rodriguez could fit onto their 26-man roster unless an injury arises.
Baltimore is already juggling Taylor Ward, Tyler O’Neill, Dylan Beavers, Leody Taveras, and utilitymen Jeremiah Jackson and Blaze Alexander as candidates for outfield duty. Jackson and Alexander will probably see more time on the infield with Jackson Holliday and Jordan Westburg still on the injured list, however, creating more need for an optionable outfielder like Rodriguez to be part of the mix at Triple-A. It could also be that the Orioles’ evaluators see Rodriguez as a project to be fixed, as his hitting potential and strong throwing arm make him an interesting player to watch if he learns how to handle movement.
Rustad is a few weeks away from his 25th birthday, and the righty was a 15th-round pick for Baltimore in the 2024 draft. The Mizzou product has worked almost exclusively as a reliever in pro ball, and he posted a 3.23 ERA, 24.6% strikeout rate, and 10.1% walk rate across 53 total minor league innings in 2025, moving from A-ball to high-A to Double-A before the year was out.
Twins Sign John Brebbia To Minor League Deal
The Twins have signed right-hander John Brebbia to a minor league deal, according to a report from Aaron Gleeman of The Athletic.
Brebbia, 36 next month, is coming off back-to-back down seasons. The righty made his big league debut with the Cardinals back in 2017 and was a solid reliever for the club immediately, with a 3.14 ERA and 3.39 FIP across his first three seasons in the majors. He struck out 27.4% of his opponents in 175 innings of work while walking just 7.5%. Brebbia went under the knife for Tommy John surgery in 2020, and that caused him to not only miss the 2020 campaign but also be non-tendered by St. Louis, bringing his time with the Cardinals to an abrupt end despite his success on the mound.
The right-hander caught on with the Giants on a big league deal during the 2020-21 offseason. His 2021 season was lackluster as he worked his way back from surgery, and in his 18 appearances that year he struggled to a 5.89 ERA. He remained with the Giants despite that poor performance, however, and San Francisco was rewarded for its faith by a pair of much more successful relief seasons. Brebbia posted a 3.47 ERA and 3.54 FIP across 106 1/3 innings of work from 2022 to ’23, though his strikeout rate dipped to 22.5%.
Following his three-year stint with the Giants, Brebbia returned to free agency and eventually caught on with the White Sox. Chicago offered him a one-year, $5.5MM deal during the 2023-24 offseason, and Brebbia jumped at the healthy payday. Unfortunately, the deal didn’t work out well for either side. Brebbia struggled badly as the club’s top veteran reliever and was torched to the tune of a 6.29 ERA in 54 appearances for the White Sox. That’s in spite of a perfectly strong 26.9% strikeout rate and an acceptable 7.7% walk rate. Brebbia’s issues with the White Sox came down to the long ball, as he allowed a whopping nine homers in 48 2/3 innings of work. That’s nearly one home run per five innings pitched, and so it was hardly a shock when the White Sox opted to cut ties with the veteran.
Brebbia caught on with Atlanta to finish the 2024 season and pitched quite well for the down the stretch, but upon returning to free agency found a smaller one-year deal with the Tigers in February of last year. Unfortunately, Brebbia wound up appearing in just 18 games for the Tigers after being sidelined by a triceps strain and struggling to a 7.71 ERA when he did return to the mound. He once again was scooped up by Atlanta after being released, but this time his struggles continued and he finished the year with an identical 7.71 ERA to the one he had in Detroit.
That left Brebbia to settle for a minor league deal this winter, and he initially signed with the Rockies in free agency before failing to make their roster out of camp. His 7.00 ERA in nine innings of work during camp wasn’t exactly something to write home about, but the Twins are in need of bullpen depth after dealing away Jhoan Duran, Griffin Jax, and Louis Varland last summer. Brebbia figures to head to Triple-A and attempt to break into a bullpen that currently relies on Taylor Rogers and Cole Sands in the late innings.
Orioles Acquire Jayvien Sandridge
The Orioles are acquiring left-hander Jayvien Sandridge from the Angels in exchange for cash, per an announcement from both teams. The Orioles had open space on their 40-man roster, so no corresponding move was necessary to complete the transaction. Sandridge was designated for assignment by the Halos just before Opening Day.
It’s the second cash trade of the year that Sandridge has been a part of, as the Angels acquired him from the Yankees back in January. This trade is actually something of a homecoming for Sandridge, as he was a 32nd-round pick by the Orioles back in 2018 and spent parts of two seasons in the Orioles organization. He was released during the pandemic-cancelled minor league season in 2020 and took a brief stint in college ball before signing with the Reds and returning to pro ball. He climbed the minor league ladder with the Reds, Padres, and Yankees over the years before finally making his big league debut in 2025.
Sandridge’s debut with New York saw him record just two outs while surrendering two runs. It’s not exactly an auspicious start to his big league career, although with such a small sample size it’s hard to draw any substantial conclusions about the lefty’s viability as a big league arm. His work at Triple-A with the Yankees last season was generally more middling than impressive, as he posted a 4.55 ERA despite a 33.1% strikeout rate. Those big strikeout totals clearly caught the eye of the Angels over the offseason, leading them to acquire him this offseason. Sandridge’s Spring Training performance did him few favors, however, as he was torched for five runs in just two innings of work during camp.
Now, he returns to the Orioles organization as an optionable depth arm for the club’s bullpen. Baltimore has Dietrich Enns and Grant Wolfram as their only lefties in the bullpen at the moment with Keegan Akin on the shelf, and Sandridge is now the only other lefty on the 40-man roster. That could put him in position to get a look in the majors at some point this year, particularly if he can his elevated walk rate (12.0% in Triple-A last year) under control more reliably. Josh Walker is the only other southpaw relief arm with big league experience in the organization, but he’s on a non-roster deal and would require a 40-man roster move to bring to the majors. That could put Sandridge ahead of him on the depth chart, though lefty starter Cade Povich could also pose a threat to Sandridge’s chances of making the majors if the Orioles are willing to use him in relief at some point.
Angels Select Shaun Anderson
The Angels announced this afternoon that they’ve selected the contract of right-hander Shaun Anderson. In a corresponding move, right-hander Victor Mederos was designated for assignment.
Anderson, 31, is entering what will be his 7th season as a big leaguer. A third-round pick by the Red Sox in 2016, he didn’t make his big league debut until 2019, at which point he was a member of the Giants after being part of the return for the Eduardo Nunez trade. Anderson came up to the majors as a swing man and struggled somewhat, with a lackluster 5.44 ERA in 96 innings of work. He moved to the bullpen full-time after that, and while he pitched to a solid 3.52 ERA in 18 appearances during the abbreviated 2020 season, questionable peripherals left his role uncertain headed into 2021.
Ultimately, Anderson didn’t even make it onto the Giants roster that year. He was traded to the Twins in the LaMonte Wade Jr. deal and spent the rest of the year riding the waiver wire. Ultimately, he split time between the Twins, Orioles, and Padres during the 2021 campaign and pitched to a rough 8.49 ERA across 23 1/3 innings during that rollercoaster year. He’s pitched just 28 2/3 innings total at the big league level since then, splitting time between the Jays, Rangers, Angels, and Marlins to post a 9.42 ERA across 14 outings.
The right-hander doesn’t have the most exciting profile as a big leaguer, to say the least. His career 6.39 ERA in 163 1/3 innings of work is certainly lackluster, and a 4.35 ERA at the Triple-A level for his career doesn’t offer much reason for further excitement. A 14-game stint in the KBO did yield some interesting results, as he pitched to a 3.76 ERA in 14 starts, but that was three years ago now and it’s hard to see that as indicative of future stateside success at this point. Still, he could help contribute to an Angels pitching staff that will need help covering innings with Grayson Rodriguez, Alek Manoah, Kirby Yates, Robert Stephenson, and Ben Joyce all opening the season on the injured list.
Making room for Anderson on the 40-man roster is Mederos. A sixth-round pick by the Angels back in 2022, the club wasted no time in promoting him to the majors, allowing him to make his big league debut the following year. Despite his quick rise to the big leagues, Mederos was never quite able to stick at the level. He has just 25 1/3 innings across 12 appearances in the show, and during that time he’s looked completely over-matched with an 8.52 ERA and a 6.95 FIP. A career 3.96 ERA in 20 career starts at the Triple-A level offers a bit more room for optimism about his long-term prospects, and Mederos won’t turn 25 until June. That wasn’t enough to save his roster spot with the Angels, but perhaps another club will be intrigued enough by his profile to take him on as a more of a long-term project. if Mederos passes through waivers unclaimed, the Angels will have the opportunity to outright him to the minor leagues as non-roster depth for their pitching staff.
Alex Cora Discusses Red Sox’ Outfield Plans
The Red Sox have one of the most crowded outfield mixes in all of baseball. Jarren Duran is an All-Star who has averaged more than 5.0 WAR per season over the last two years. Wilyer Abreu has two Gold Glove awards on his mantle and a career 116 wRC+. Ceddanne Rafaela is the best defensive outfielder in the American League. Roman Anthony has a career .401 on-base percentage just 73 games into his major league career. A crowd of outfielders that impressive leaves little room for veteran DH Masataka Yoshida to fight his way into the starting lineup, and manager Alex Core spoke to reporters (including Jen McCaffrey of The Athletic) about the outfield situation yesterday.
“We’ll see how it plays out,” Cora said, as relayed by McCaffrey. “JD is gonna play center soon, the day Ceddanne doesn’t play, and we got Thursday off. It’s not easy. Whoever thinks this is easy to move them around, they’re wrong… It’s not easy, but I’ll make it work.”
Cora went on to note that Yoshida figures to play three of the club’s next five games, as the team feels comfortable having Yoshida play left field in Houston’s Daikin Park. Cora noted that while the club will “need” Yoshida to play some outfield in order to get him into the lineup, the team’s other defensive outfielders (Rafaela, Duran, Anthony, and Abreu) are all a cut above Yoshida defensively. That would seemingly indicate he’ll get most of his time at DH, though Cora did express concerns about taking one of the other four outfielders out of the lineup. From Cora’s comments, it seems as though Duran is least likely to sit on any given day this year. Cora indicated that getting each of Anthony, Abreu, and Rafaela days off could be beneficial, but made no such pronouncement about Duran.
It’s not especially hard to see why Duran would be the least likely to sit on any given day. Abreu and Anthony both suffered from injuries last year that limited their playing time, while Duran has appeared in 317 of Boston’s 324 regular season games over the past two years. Rafaela, meanwhile, is by far the least accomplished hitter in the team’s outfield mix, and Duran is the next-best option in center defensively. With the Red Sox likely looking to avoid injury for Abreu and Anthony and Duran being needed to cover center on any day’s Rafaela is out of the lineup (or, perhaps, covering the infield), Duran once again figures to be part of the lineup on almost an everyday basis to start the year.
Of course, those plans could change in a hurry depending on performance. Anthony looks to be one of the brightest young stars in the game, and there may come a point where his value is simply too high to ever sit when he’s healthy. Abreu is the only one of the team’s four primary outfielders who can’t play center, but he also showed more ability to hit left-handed pitching than Duran has to this point in 2025 and could be a preferable choice against lefties if that trend continues in 2026. Even Rafaela has shown the ability to be a well-above average hitter when he gets hot, and at just 25 years old could certainly take his game to another level this year.
Cora’s public acknowledgment of the difficulties that come with having more outfielders than he can play on a regular basis is sure to keep conversations about the Red Sox potentially trading from their outfield glut in the rumor mill. The club has been heavily rumored to be considering doing so for years now, but they’ve yet to pull that trigger. Perhaps that could change when the right offer comes along, but with the season now underway it would be a surprise if that happened until closer to this year’s trade deadline.
If the team’s outfield logjam reaches a breaking point without a trade taking place, that could spell the end of Yoshida’s time on the roster. Cutting ties with the veteran DH is another move that’s been long speculated about for the Red Sox. While 47% of MLBTR readers believed Yoshida would not make the club’s Opening Day roster in a poll conducted when camp opened up back in February, he was able to earn a spot on the team’s roster to begin the year.
Still, his hold on a roster spot could prove tenuous if he doesn’t perform in his current part-time role. Yoshida is limited to DH and left field defensively, and his bat doesn’t compare to that of Anthony, Abreu, or Duran even when at his best. Last season he was a below-average offensive player in 55 games, and if he can’t turn things around this season it might be tempting for the Red Sox to carry a younger, more versatile player like Kristian Campbell on the roster instead. Even someone like Triston Casas, who is currently on the injured list but could pitch in at first base and offers intriguing power off the bench, could be a viable alternative if Yoshida struggles this year.
Cubs, Nico Hoerner Agree To Extension
The Cubs and infielder Nico Hoerner have agreed to a six-year contract extension. Hoerner was slated for free agency after this year, with 2026 being the final season of his previous extension. Hoerner will make $141MM as part of his new deal, which starts in 2027 and will cover Hoerner’s age-30 to age-35 seasons before concluding in 2032. The Apex Baseball client receives a $5MM signing bonus as part of the deal, which also includes a full no-trade clause.
He will make $23MM per year in 2027 and 2028, then $22.5MM per year from 2029 through 2032. $2.5MM of Hoerner’s annual salary in the 2029-32 seasons is deferred. The deferred money in the deal knocks the net present value down to $137.5MM.
Hoerner’s pact is in the range of free agent deals for middle infielders. Trevor Story and Javier Báez each got $140MM over six. Hoerner just barely goes past those two, while coming in a bit under Marcus Semien‘s $175MM, Swanson’s $177MM and Willy Adames‘s $182MM, which were all seven-year deals.
Hoerner, 29 in May, has been the a key part of the Cubs for several years now. He doesn’t have a ton of power but provides strong offense with a consistent contact approach. Dating back to the start of 2022, he has almost 2500 plate appearances. His 6.4% walk rate and 10.2% strikeout rate are both well below league average. He only has 33 home runs in that time. But the contact approach has resulted in a .284/.339/.389 line and 105 wRC+ for that span. He finished each of those four seasons with a wRC+ from 102 to 109.
He combines that offense with strong attributes in other facets of his game. He has stolen 123 bases in that four-year span, with at least 20 in each season. Defensively, he is considered to be good enough to handle shortstop but has been bumped to the other side of the bag by the presence of Dansby Swanson. That has made him one of the best defensive second basemen in the league. Dating back to the start of 2023, the year he moved to second base, he has 32 Defensive Runs Saved and 35 Outs Above Average. The DRS total is behind only Andrés Giménez and Brice Turang, while the OAA number is behind only Giménez and Marcus Semien.
The combination is a valuable one. FanGraphs has credited him with a little more than four wins above replacement per year for a total of 17.4 fWAR since the start of 2022. He didn’t finish any of those four seasons lower than 3.8 fWAR.
Three years ago, the Cubs and Hoerner agreed to their first extension, a three-year deal worth $35MM. That was a bit of an odd deal, as it bought out Hoerner’s two arbitration seasons and then just one free agent year. Hoerner delayed his path to the open market for a relatively modest price.
As that deal played out, Hoerner became a plausible trade candidate for a few reasons. For one, he was getting closer to free agency, which often leads to increased trade speculation with many players. The Cubs also had some infield prospects pushing towards the majors, with Matt Shaw making his major league debut last year. The Cubs could have traded Hoerner to address another area of the roster, then put Shaw at second base. Given that another club could have put Hoerner at shortstop, perhaps that would have increased the trade return.
Instead, the Cubs are locking in another piece of their core. Third baseman Alex Bregman is signed through 2030 and Swanson through 2029. They agreed to a long-term deal with Pete Crow-Armstrong just a few days ago, so he’s going to be signed through 2032. Assuming this Hoerner deal starts in 2027, it will also run through 2032.
After 2026, the Cubs were facing a potentially huge amount of roster turnover. Hoerner, Ian Happ, Seiya Suzuki, Shota Imanaga, Jameson Taillon, Hoby Milner, Dylan Carlson, Michael Conforto and Tyler Austin are all impending free agents. Matthew Boyd, Hunter Harvey, Carson Kelly and Caleb Thielbar all have mutual options for 2027 but those are almost never picked up by both sides, so they should all be considered impending free agents as well. That is still something the club will have to plan for but locking in Hoerner takes one thing off the to-do list.
One player who could be impacted by this deal is Shaw. He played third base last year but the Bregman signing bumped him into a utility role for 2026. With Hoerner’s impending free agency, it was possible to imagine that being a one-year arrangement, as Shaw could then take over at the keystone starting in 2027. That’s no longer possible.
Shaw is going to be playing some outfield this year, so perhaps he could take over a corner next year with the impending departures of Happ and Suzuki, though that depends on him proving viable on the grass. He is still under club control for six seasons, so it’s also possible to imagine him being a future trade chip, if he could find a better path to infield playing time with another club.
Hoerner would have made for a fascinating free agent case. Second basemen normally don’t get massive paychecks in free agency but Hoerner could have marketed himself as a shortstop and perhaps some clubs would have viewed him as one. Teams also normally pay more for power than contact. A speed-and-defense profile can get paid but it’s also risky since those attributes fade over time. It would have been a unique free agency test case but that’s moot now.
The 2026-27 free agent class is particularly light in terms of hitters. MLBTR’s Anthony Franco recently took a look at the group in a post for Front Office subscribers. While recent offseasons have had clear standout bats like Corey Seager, Aaron Judge, Shohei Ohtani, Juan Soto and Kyle Tucker, the upcoming winter doesn’t quite have that kind of star power. Franco highlighted Bo Bichette, Jazz Chisholm Jr., Trent Grisham, Daulton Varsho and Hoerner as the top position players in the class.
Hoerner certainly would not have been the best hitter in that bunch but the speed and defense put him up there in terms of overall value. Teams looking for middle infield help next winter will have to cross one name off what was already a somewhat flimsy list.
As of this writing, the numbers on the deal have not been reported. That makes it difficult to assess the long-term impact for the Cubs. What can be said is that they do have a good amount of payroll space available in the future. As mentioned, they have long-term commitments to Swanson, Bregman and Crow-Armstrong but that’s essentially it. Phil Maton and Shelby Miller are the only other players with guaranteed deals for 2027. By 2028, it’s just Bregman, Swanson and Crow-Armstrong.
Photos courtesy of Michael McLoone, David Banks, Imagn Images
Michael Cerami of Bleacher Nation was first to report that Hoerner and the Cubs had an agreement in place. Jesse Rogers of ESPN reported that the deal was for six seasons, while Jeff Passan of ESPN first reported the $141MM guarantee. Jon Heyman of The New York Post first reported that there was deferred money in the deal, while Joel Sherman of The New York Post first reported the contract breakdown. Ken Rosenthal of The Athletic was first to report that the deal includes a full no-trade clause.
Cubs Outright Jack Neely
The Cubs have outrighted right-hander Jack Neely to Triple-A, according to Bruce Levine of 670 The Score. Neely was designated for assignment by the club prior to Opening Day in a move that made room for Michael Conforto on the team’s 40-man roster.
Neely, 25, was acquired from the Yankees at the 2024 trade deadline in exchange for Mark Leiter Jr. alongside Ben Cowles. The right-hander made his big league debut with Chicago down the stretch that year but struggled with a 9.00 ERA in six appearances despite a respectable 25.0% strikeout rate. His work in the minors during the 2023 and ’24 seasons had the look of a future staple of a big league bullpen, as his strikeout rate pushed 40% at the Double-A level. Unfortunately, his numbers fell off in a big way during the 2025 season. Neely struggled badly at the Cubs’ Triple-A affiliate in Iowa and surrendered a 5.94 ERA in 33 1/3 innings of work. His 27.7% strikeout rate was solid, but it was overshadowed by a loss of control that resulted in a massive 18.1% walk rate.
Those numbers were unplayable enough that the Cubs did not turn to Neely in the majors at any point during the 2025 campaign, but his youth and prior minor league success was enough to convince them to keep him on the 40-man roster throughout the offseason. He looked much better in camp than he had during the prior year at Triple-A. He struck out 46.7% of batters faced in four scoreless appearances. That ultimately wasn’t enough to break camp in a crowded Cubs’ bullpen picture, however. At first, he seemed likely to head back to Triple-A as a depth option like Jordan Wicks, Javier Assad, Ryan Rolison and others, but when the team’s 40-man roster was squeezed by the need to add an extra bench bat following Seiya Suzuki‘s knee injury, Neely was the victim.
Now that the right-hander has cleared waivers unclaimed, the Cubs have outrighted him back to Triple-A. He’ll likely remain there for the rest of the season as non-roster bullpen depth for the Cubs, unless he gets added back to the 40-man roster and called up. Perhaps the 25-year-old will be able to post numbers more like his 2023-24 self and do just that, but if he fails to make the 40-man roster before the end of the year he’ll have the opportunity to elect minor league free agency following the season and sign with any of the league’s 30 clubs.
Breaking Down Potential Extensions For Logan Gilbert And Bryan Woo
The Mariners have become a playoff contender in recent years thanks in large part to their pitching. Between Logan Gilbert, George Kirby, and Bryan Woo, the club has a plethora of effective homegrown starters. With Luis Castillo also in the mix, Seattle’s rotation is both a top-10 unit in the league and well-suited to take advantage of the pitching-friendly dimensions of T-Mobile Park.
Understandably, the club is exploring ways to keep that group intact, with Daniel Kramer of MLB.com reporting that the team explored extensions with Gilbert and Woo over the offseason. Kramer adds that the talks with Gilbert did not progress to the point where the two parties were close to an agreement. Talks with Woo’s representatives were also preliminary.
Gilbert has been a staple of the rotation since debuting in 2021. In 840 2/3 innings, he owns a 3.59 ERA, a 26.2% strikeout rate, and a 5.3% walk rate. He has always done well at limiting walks, and the strikeouts have improved year over year since 2022. He is also quite durable, with 2025 being the first time he went on the injured list. After missing seven weeks with a right elbow flexor strain, Gilbert returned in mid-June and was his usual self for the rest of the season. He ultimately made 25 starts with a 3.44 ERA and a career-high 32.3% strikeout rate.
Woo, 26, made his debut in 2023 and has a 3.21 ERA through 70 career starts. Like Gilbert, Woo gets strikeouts at an above average rate and excels at limiting free passes. He has made a few trips to the IL, including two separate stints in 2024 which limited him to 22 starts. He made 30 starts for the first time in 2025. His 21 quality starts in 2025 tied Hunter Brown and Cy Young winner Tarik Skubal for fourth place in the majors. Although he missed the last two weeks of the regular season with pectoral inflammation, he returned as a reliever in the ALCS and is fully healthy heading into his first start of 2026.
Both Gilbert and Woo are immensely valuable to the Mariners, so it makes sense for the team to explore extensions while they have multiple seasons of club control remaining. Gilbert has the longer track record, with over four years of effective pitching on his resume. Being closer to free agency, an extension for Gilbert would also be more costly. Looking around the league, Garrett Crochet was the most recent starter with four to five years of service to be extended. He got six years and $170MM from the Red Sox in March 2025. Crochet’s case was unique, as he had been a reliever until 2024 and only had one (very effective) season as a starter before signing the extension.
Gilbert does not strike out as many hitters as Crochet and profiles as a No. 2 starter rather than a true ace. The recent Pablo Lopez and Mitch Keller contracts may be closer comparisons based on talent level and age at the time of signing. Lopez was worth 8.5 fWAR over 84 starts from 2019-22. He got a four-year, $73.5MM deal from the Twins in April 2023, which covered his age-28 through 31 seasons and bought out three free agent years. Meanwhile, Keller was worth a combined 6.2 fWAR in 91 appearances (89 starts) for the Pirates from 2020-23. His February 2024 extension gave him $71.6MM in new money over four years (age-29 through 32), including three free agent years.
Gilbert’s talent level puts him closer to Lopez and Keller than Crochet. Given his comparable age and superior talent, Gilbert might be worth $85-90MM over a four-year term. It wouldn’t be out of character for the Mariners to pay that amount. Castillo’s extension in 2022 gave him a similar average annual value over his age-30 to 34 seasons, and he had a comparable track record at the time to Gilbert’s now.
If the Mariners would prefer to spread money around to different parts of the roster, then Woo might be the more logical long-term fit. He is currently 26 years old and under club control through 2029. For players with two to three years of service time, Cristian Javier and Tanner Bibee are the best points of comparison. Prior to his February 2023 extension, Javier was worth a combined 4.0 fWAR over 66 appearances, roughly half of which were starts. He earned a $64MM guarantee over five years (two would-be free agent years) for an AAV of $12.8MM.
More recently, Bibee got around $47.2MM on a four-year extension in March 2025, which covered at least one free agent year. That came following a 2023-24 stretch in which Bibee accumulated 6.3 fWAR over 56 starts. Being a full-time starter, Woo is a closer match with Bibee’s contract than Javier’s. Bibee had exactly two years of service when he signed his deal, whereas Woo has closer to three years of service. The two are comparable in terms of overall performance, with Woo having an edge on a rate basis and Bibee covering slightly more innings. Based on those circumstances, Woo might garner $55MM over a four-year term ($13.75MM AAV).
Kramer framed both sets of extension talks as preliminary, so Mariners fans should take the news with a grain of salt. Nonetheless, these comparisons offer insight into how much it would cost for the club to retain their starters throughout their window of contention. Per RosterResource, the club has four guaranteed salaries on their books in 2027. Castillo ($24.15MM), Julio Rodriguez ($20.19MM), Josh Naylor ($17.3MM), and Cal Raleigh ($13.67MM). That’s a total of $75.31MM in guaranteed money. After factoring in the arbitration class, that should leave enough room for the club to extend at least one of its homegrown starters, and perhaps more.
Photo courtesy of Steven Bisig, Imagn Images