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Cubs To Sign Hoby Milner

By Darragh McDonald | December 11, 2025 at 1:25pm CDT

The Cubs and left-hander Hoby Milner are in agreement on a one-year deal. The MVP Sports Group will make $3.75MM plus incentives. Michael Cerami of Bleacher Nation was first on the deal. Brittany Ghiroli of The Athletic noted it would be for one year. Mark Feinsand of MLB.com had the guarantee. The Cubs have multiple 40-man vacancies and don’t need to make a corresponding move.

Milner, 35 in January, is an unusual but effective southpaw. He doesn’t throw very hard, averaging in the high 80s with his fastball and sinker. But he nonetheless manages to get outs with an unorthodox sidewinding delivery, with his arsenal also featuring a slider and a changeup.

Over the past four seasons, Milner has thrown at least 64 innings in each campaign. Put together, he has logged 264 innings in that span, allowing 3.55 earned runs per nine. His 22.6% strikeout rate in that time was close to average while his 5.8% walk rate and 51.1% ground ball rate were both notably better than par. His Statcast data in that span has also been better than league average, with Milner having an 87 mile per hour exit velocity, 5.4% barrel rate and 35.5% hard hit rate. He earned one save and 49 holds over that four-year stretch.

That span did feature a fluky ERA spike, as Milner posted a 4.73 ERA with the Brewers in 2024. The Brewers could have retained him for 2025 via arbitration, with MLBTR contributor Matt Swartz projecting him for a $2.7MM salary, but they non-tendered him instead. The Rangers scooped him up with a deal for $2.5MM plus incentives and benefitted from a bounceback, as Milner posted a 3.84 ERA in 2025.

The Cubs have now given him a slight raise in the hopes that he can keep things rolling in 2026. Cubs manager Craig Counsell is plenty familiar with Milner’s abilities, as he was the skipper in Milwaukee when Milner established himself as a viable big league reliever.

Chicago had a decent relief corps in 2025. Their relievers had a collective ERA of 3.78, putting them just outside the top ten of MLB clubs. But at season’s end, Brad Keller, Caleb Thielbar, Drew Pomeranz, Taylor Rogers, Michael Soroka, Aaron Civale and Ryan Brasier all became free agents. The Cubs flipped Andrew Kittredge to the Orioles in the early days of the offseason, getting cash considerations back in return.

The Cubs generally prefer to build their bullpens on the cheap. From 2020 until last month, they didn’t sign any free agent relievers to multi-year deals, part of the reason why they just lost so many arms to free agency. They broke that pattern recently by signing Phil Maton to a two-year deal, but Milner is another low-cost, short-term commitment to the relief group.

The southpaw contingent of the bullpen was particularly lacking before this move, with Thielbar, Pomeranz and Rogers all departing for the open market. That left Luke Little as the top option, despite having just 35 1/3 career innings with an 18.2% walk rate. Milner is now the most experienced lefty in the group, though the Cubs could make further additions before the offseason is through.

This move brings the Cubs to a $184MM payroll and $199MM competitive balance tax figure, according to RosterResource. It’s unclear where the Cubs want the payroll to end up. The base threshold of the CBT is $244MM next year, meaning the Cubs are $45MM away. They went narrowly over the tax line in 2024 but ducked back below in 2025. They are still on the hunt for a big rotation upgrade. They’ve been connected to free agent Alex Bregman. They will presumably be looking for more relievers. How it all plays out will depend on how much dry powder the Cubs have.

Photo courtesy of Jerome Miron, Benny Sieu, Imagn Images

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Chicago Cubs Transactions Hoby Milner

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Brewers Sign Akil Baddoo To Major League Deal

By Steve Adams | December 11, 2025 at 12:42pm CDT

The Brewers added some outfield depth Thursday, announcing the signing of Akil Baddoo to a one-year, major league contract. Milwaukee already had an open 40-man spot. Their roster is now full following the addition of Baddoo, a client of Apex Baseball.

Baddoo, 27, was the No. 74 overall pick in the 2016 draft by the Twins. He never appeared in a big league game with Minnesota but landed in Detroit by way of the 2020 Rule 5 Draft. Baddoo showed plenty of promise in that rookie season, hitting .259/.330/.436 with 13 homers and 18 steals in only 461 plate appearances. The Tigers looked to have a steal on their hands, as the lefty-swinging Baddoo at least looked the part of a platoon corner outfielder with some speed, modest power and plate discipline.

Unfortunately, he’s never returned to that same level of production. Baddoo has been an up-and-down member of the roster in four seasons since that time, hitting a combined .201/.288/.323 in 682 plate appearances — primarily against right-handed pitching. He runs well and draws strong grades for his defensive acumen in left field, but Baddoo has well below-average marks in batted-ball metrics like average exit velocity (87.5 mph), barrel rate (5.9%) and hard-hit rate (34.6%) over the past four seasons.

Baddoo has one minor league option year remaining, so he doesn’t necessarily need to break camp with the Brewers. If he doesn’t make the Opening Day club, they can send him to Triple-A Nashville without needing to pass him through waivers. He’ll jump into a competition for reps in an outfield that’ll feature Jackson Chourio in right field and Sal Frelick in center.

Isaac Collins was the Brewers’ leader in left field innings last season, though he can play all over the diamond. Jake Bauers is also in the mix, but he has ample experience at first base and could always see time at designated hitter on days that Christian Yelich is in left or is out of the lineup. (Yelich played only 19 games in left field last year and was otherwise a DH.) Blake Perkins, too, will see time on the grass but is more of a fourth outfielder/backup center fielder than an everyday option. Former first-round pick Garrett Mitchell missed most of the 2025 season due to injury and will need to hit his way back into consideration for a more prominent role.

If Baddoo ends up playing a meaningful role of any sort on the 2026 Brewers, he could be a relatively long-term addition. He currently has just 3.021 years of major league service time, meaning he can be controlled via arbitration for at least three more seasons (including 2026). Depending how much time he spends on the big league roster, that window of control could extend an extra season. Baddoo would need 151 days of MLB service this year to reach four years. Of course, that’s putting the cart before the horse; he’ll need to play his way onto the roster and then show some staying power before that’s a real consideration, but it’s a nice theoretical bonus — particularly for a club with a reputation for maximizing the performance of its low-cost acquisitions.

Ken Rosenthal of The Athletic first reported that the Brewers were signing Baddoo to a major league contract.

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Milwaukee Brewers Transactions Akil Baddoo

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Braves Designate Ryan Rolison For Assignment

By Darragh McDonald | December 11, 2025 at 12:20pm CDT

The Braves announced today that left-hander Ryan Rolison has been designated for assignment. That’s the corresponding 40-man roster move for the club’s signing of right-hander Robert Suarez.

Rolison, 28, has never pitched for Atlanta. He spent his entire professional career with the Rockies until a few weeks ago. Colorado needed to open some roster space for new additions and designated him for assignment. The next day, he was traded to Atlanta for cash considerations.

The Rockies had selected him 22nd overall in the 2018 draft and he was a notable prospect for a few years but he hasn’t yet delivered on that pedigree. He lost some time on his way up the minor league ladder. The pandemic wiped out the minors in 2020 and then Rolison dealt with some injuries, mostly shoulder problems.

He finally made it to the big leagues in 2025 but didn’t find immediate success. He logged 42 1/3 innings for the Rockies this year, allowing 7.02 earned runs per nine. His 47.9% ground ball rate was pretty good but his 10.4% walk rate was subpar and his 13% strikeout rate very low. His minor league numbers this year were far better. He tossed 29 2/3 innings in the hitter-friendly Pacific Coast League with a 3.34 ERA, 25.2% strikeout rate, 7.1% walk rate and 48.8% ground ball rate.

Rolison still has an option remaining, so he doesn’t need to be guaranteed a major league roster spot. Atlanta was intrigued enough to grab him in a cash deal but he has been squeezed off the roster.

Atlanta will now have seven days of DFA limbo to work with. The waiver process takes 48 hours, so they could take up to five days to explore trades. Rolison has a previous career outright and would therefore have the right to elect free agency if he is passed through waivers unclaimed. If any other club acquires him, he has between two and three years of service time, meaning he comes with four years of potential club control.

Photo courtesy of David Frerker, Imagn Images

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Atlanta Braves Transactions Robert Suarez Ryan Rolison

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Braves Sign Robert Suarez

By Steve Adams | December 11, 2025 at 11:48am CDT

The Braves further solidified the back of their bullpen Thursday, announcing the signing of former Padres closer Robert Suarez on a three-year, $45MM contract. Suarez, a client of Primo Sports Group, became a free agent at season’s end when he opted out of the final two years and $16MM on his five-year contract with San Diego. He’ll be paid $13MM in 2026 and $16MM in both 2027 and 2028, per the team. There are reportedly no deferrals in the contract. Atlanta designated lefty Ryan Rolison for assignment to open a spot on the 40-man roster (more on that move here).

The 34-year-old Suarez (35 in March) went directly from Mexico to Japan’s Nippon Professional Baseball late last decade and, after establishing himself as one of the top relievers in NPB, has broken out as a top-tier reliever in the majors. Originally signed on a two-year deal with the Padres, he opted out after one year and inked a five-year, $46MM extension that afforded him another opt-out provision after the third year, which he took last month.

Now Atlanta-bound, Suarez has consistently posted quality numbers in high-leverage spots for the Friars. Dating back to his 2022 MLB debut, he’s posted a 2.91 ERA with a 26.5% strikeout rate and 7.6% walk rate in 210 innings. Suarez sits just under 99 mph with his four-seamer and complements the pitch with a changeup that got great results in ’22-’23 but has been hit hard the past two seasons. It hasn’t led to poor results, however, because Suarez’s fastball and sinker both grade out as dominant offerings.

Suarez joins right-hander Raisel Iglesias, who re-upped on a one-year, $16MM contract earlier in the offseason, to form a potent one-two punch at the back of new manager Walt Weiss’ bullpen. Notably, Ken Rosenthal of The Athletic reports that Iglesias will continue to serve as the closer in Atlanta. Suarez will operate as his primary setup man (and, of course, can handle save opportunities in the event that Iglesias is unavailable or suffers an injury). Setup work is nothing new for Suarez, who in 2022 helped set up for Taylor Rogers and in 2023 was a key setup arm for Josh Hader.

On the surface, a three-year, $45MM contract for a high-end reliever feels fairly well in line with contractual norms around the game. However, Suarez’s camp did quite well to get him the third guaranteed year. As shown in MLBTR’s Contract Tracker, this is the first deal of three or more years for a 35-year-old (or older) reliever since Will Harris signed for $24MM with the Nationals prior to the 2020 season. Before that, you’d have to go all the way back to Ryan Madson’s three-year pact with the A’s back in 2015 to find another example of a bullpen arm being paid for this long of a term at Suarez’s age.

Adding Suarez brings Atlanta’s 2026 payroll up to about $241MM. RosterResource estimates that the team is carrying more than $236MM worth of luxury-tax considerations, which places them within $8MM of the 2026 season’s $244MM first-tier luxury threshold. President of baseball operations Alex Anthopoulos has already checked several items off his winter to-do list, though Atlanta still figures to be open to additions at shortstop, on the bench and/or on the pitching staff. That said, re-signing Iglesias, acquiring utilityman Mauricio Dubon and bringing in both Suarez and outfielder Mike Yastrzemski (on a two-year, $23MM deal) has removed some of the urgency to make further additions.

ESPN’s Jeff Passan first reported the agreement and the terms of the contract. The Athletic’s Will Sammon first reported the year-to-year breakdown.

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Atlanta Braves Newsstand San Diego Padres Transactions Raisel Iglesias Robert Suarez

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Athletics To Sign Mark Leiter Jr.

By Nick Deeds | December 11, 2025 at 10:53am CDT

The Athletics have reached an agreement with right-hander Mark Leiter Jr. on a contract, according to Robbie Hyde of Foul Territory. Ken Rosenthal of The Athletic notes that the deal is pending a physical. According to Jesse Rogers of ESPN, the deal guarantees Leiter “around” $3MM.

Leiter, 35 in March, made his big league debut back in 2017 but didn’t fully establish himself at the big league level until joining the Cubs in 2022. He served as a swing man and long reliever for Chicago that year, with a 3.99 in 67 2/3 innings of work in that role, but moved to a short relief role full-time in 2023. In 100 2/3 innings of work for the Cubs over the next two seasons, Leiter pitched to a 3.75 ERA with a 3.12 FIP while striking out 30.9% of his opponents and walking 8.8%.

Those exciting peripherals were enough to convince the Yankees to swing a trade for the right-hander at the 2024 trade deadline, but he struggled in New York even as his peripheral numbers remained strong. In 70 innings of work for the Yankees over parts of two seasons with the club, Leiter posted a 4.89 ERA despite a 4.07 FIP. In 2025, Leiter struck out 24.7% against a 7.8% walk rate while generating grounders on 45.5% of his batted balls allowed. Unfortunately for the righty, the results weren’t there enough for the Yankees to tender him a contract last month, and he wound up reaching free agency a year earlier than anticipated.

Headed into 2026, the A’s can expect Leiter to be a solid middle relief arm at least. His 4.15 ERA over the past four seasons is exactly league average (100) by ERA+, and the right-hander’s impressive splitter actually makes him particularly effective against left-handed batters. In 104 2/3 innings of work against lefties the last three years, Leiter has posted a 2.49 ERA and 2.57 FIP with a 32.1% strikeout rate. With league average results overall and elite numbers against lefties, Leiter has a much higher floor than a typical non-tendered middle relief arm, which is surely why he was able to command a solid guarantee even coming off a tough year in New York.

Leiter hasn’t managed to play up to his peripherals throughout his career, but if he can do so he could wind up a valuable setup man for the A’s this year. The righty’s 3.13 SIERA over the past three seasons ranks 13th among relievers with at least 150 innings of work since the start of the 2023 season, and that puts him on a similar level to well-regarded late-inning arms like Luke Weaver. Leiter’s .359 BABIP and 66.5% strand rate over the past two years indicate extremely poor fortune when it comes to batted balls and sequencing; if those numbers experience enough positive regression to get within spitting distance of league average, Leiter’s a good bet to be impactful at the back of the A’s bullpen next year.

It’s been a quiet offseason for the A’s so far, though there’s certain reasons for optimism regarding the club’s future. Nick Kurtz emerged as a potential superstar this year, and he’s backed by a core of exciting positional talent like Brent Rooker, Shea Langeliers, Jacob Wilson, and Lawrence Butler. The club’s pitching staff needs plenty of work if the team is going to contend in 2026, but adding Leiter to a bullpen that already houses respectable arms like Hogan Harris and Michael Kelly should be a small step towards accomplishing that goal. Jeffrey Springs and Luis Severino remain in the fold as solid back-of-the-rotation veterans, though it remains to be seen how much A’s ownership is willing to spend in order to augment that group. Whether the A’s are facing significant budget constraints or not, however, bringing Leiter into the fold as a reliever with possible late-inning upside on a relative bargain can only be a good thing for the club.

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Athletics Transactions Mark Leiter Jr.

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Nico Hoerner Drawing Trade Interest

By Nick Deeds | December 11, 2025 at 9:58am CDT

Cubs second baseman Nico Hoerner has come up in trade conversations, according to a report from Patrick Mooney and Sahadev Sharma of The Athletic. The report emphasizes that while president of baseball operations Jed Hoyer gauges the market value of virtually every player on the roster during the offseason, that shouldn’t be taken as an indication the Cubs intend to move Hoerner.

It’s easy to see why teams would be asking after the 28-year-old. Hoerner is coming off a career year where he won his second career Gold Glove for his defense at second base while slashing .297/.345/.394 (109 wRC+) with 40 extra-base hits and 29 steals in 156 games. He struck out at a career-best 7.6% clip while walking 6.0% of the time. Only Luis Arraez (3.1%) and Jacob Wilson (7.5%) struck out less often among qualified hitters, and that trio was joined by Steven Kwan and Caleb Durbin to make up the full list of batters to strike out less than 10% of the time in 2025.

That contact-oriented offense combined with arguably the best defense in the sport at second base, creates a consistent four-to-five win package according to Fangraphs. Over the past four seasons, Hoerner has posted a 105 wRC+. His 123 stolen bases are the fifth-highest total in the majors over that time, and his 17.5 fWAR ranks 18th, tied with Alex Bregman. That’s the sort of player that virtually any team with a hole at second base would like to add, and Hoerner’s $12MM salary for the 2026 campaign is entirely affordable as well for even smaller market clubs. While Hoerner has played second base in deference to Dansby Swanson during the latter’s years in Chicago, he served as the club’s everyday shortstop in 2022 with elite fielding metrics and could surely provide plus defense at the position again if needed.

Speculatively speaking, teams like the Braves, Yankees, and Red Sox would all surely love to bring Hoerner into the fold ahead of his final season before free agency, but it would be surprising to see the Cubs actually deal their star infielder. Hoerner was a key piece of the team that took the Cubs back to the playoffs for the first time in half a decade last year, and the club could be better off simply holding onto him with the hope of either working out an extension before free agency or making him a qualifying offer next winter. After all, the Cubs have no clear internal option to replace Hoerner at the keystone. Jefferson Rojas is the club’s top infield prospect, but the 20-year-old struggled badly in 39 games at Double-A last year and isn’t likely to be ready for the majors in 2026.

Perhaps dealing Hoerner could become a more serious consideration if the club’s rumored interest adding help at third base were to come to fruition. The Cubs have been connected to both Alex Bregman and Eugenio Suarez this winter, and signing one of them would displace Matt Shaw at third base. Shaw, of course, was worth just 1.5 fWAR with a 93 wRC+ last year. That’s hardly a player who needs to be in the lineup on an everyday basis, but Hoyer offered Shaw a vote of confidence earlier this week that would suggest he remains a key part of the club’s plans for 2026. If the Cubs were to add Bregman or Suarez at the hot corner, trading Hoerner and installing Shaw at second base might be the easiest way to keep Shaw in the lineup on a regular basis.

With that being said, Shaw could also simply back up the rest of the infield while splitting time at DH with Moises Ballesteros and Owen Caissie, serving as a right-handed complement to those big lefty bats. Even if an addition at third base happens, it certainly wouldn’t indicate that the Cubs would need to trade Hoerner. On the other hand, doing so could provide an alternative pathway to bringing in rotation help this winter if Chicago finds itself unable to lure in one of the top starters available in free agency. The Cubs have made no secret of their desire to bolster the club’s rotation this winter, and reuniting with Shota Imanaga after he accepted a qualifying offer won’t be enough.

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Astros Sign Ryan Weiss To Major League Deal

By Darragh McDonald | December 11, 2025 at 9:29am CDT

December 11th: Chandler Rome of The Athletic reports that Weiss’s club option for 2027 is worth $5M with a $500K buyout.

December 9th: The Astros have now officially announced their signing of Weiss. The opened two roster spots last week by outrighting Taylor Trammell and Logan VanWey. Their 40-man count is now at 39.

December 2nd: The Astros have reportedly agreed to a major league deal with right-hander Ryan Weiss, who has been pitching in Korea lately. Weiss is guaranteed $2.6MM and there’s a club option for 2027. The Sports One Athlete Management client could potentially earn $10MM over the course of the pact. The Astros have a full 40-man roster and will need to make a corresponding move to make this official.

It’s a bit of an early birthday present for Weiss, who turns 29 next Wednesday. A fourth-round draft pick of the Diamondbacks back in 2018, he showed enough promise as a minor leaguer that the Snakes added him to their 40-man in November of 2021 to keep him out of the Rule 5 draft. He had just tossed 78 1/3 minor league innings in that 2021 season with a 4.60 earned run average and 9.5% walk rate but his 27% strikeout rate was quite good.

He struggled in the minors in 2022 and was placed on waivers, with the Royals placing a claim. Kansas City then passed him through waivers unclaimed in October of 2022. The Royals then released him in May of 2023. At that point, Weiss had tossed 76 1/3 innings on the farm, dating back to the start of 2022. In that time, he allowed 6.96 earned runs per nine.

That release kicked off a nomadic period for Weiss. He then landed with the High Point Rockers of the independent Atlantic League. After a few months there, with a 4.61 ERA, he signed with the Fubon Guardians of Taiwan’s Chinese Professional Baseball League. He had a decent 2.32 ERA there, though in just 31 innings. He started 2024 back with the Rockers, posting a 4.61 ERA over nine starts.

In June of 2024, he signed with the Hanwha Eagles of the Korea Baseball Organization. It was with that club that he seemed to unlock a new gear. In 2024, he gave the Eagles 16 starts with a 3.73 ERA, 25.5% strikeout rate, 7.6% walk rate and 48.2% ground ball rate. He returned to the Eagles in 2025 and took the ball 30 more times. He logged 178 2/3 innings with a 2.87 ERA, 28.6% strikeout rate, 7.7% walk rate and 48.5% ground ball rate.

Weiss then pitched in relief for the Eagles in the playoffs but the Astros plan to utilize him as a starter. Houston has plenty of uncertainty in their rotation mix. They just lost Framber Valdez to free agency. Luis Garcia required another Tommy John surgery late in 2025 and has been jettisoned from the roster. Hayden Wesneski, Ronel Blanco and Brandon Walter also had TJS in 2025 and are slated to begin next year on the injured list.

That left the Astros going into 2026 with Hunter Brown and a heap of question marks behind him. Cristian Javier will be in the mix but he had a 4.62 ERA in 2025 after returning from his own lengthy surgery layoff. Lance McCullers Jr. has had all kind of injury troubles and put up a 6.51 ERA this year. Spencer Arrighetti was good in 2024 but spent most of 2025 on the IL and only made seven starts. Jason Alexander had some passable results this year but he’s a journeyman depth guy who’s about to turn 33. J.P. France spent most of 2025 recovering from shoulder surgery. Colton Gordon and AJ Blubaugh are on the 40-man but lacking in experience.

Upgrading the rotation for 2026 makes plenty of sense but it appears the club doesn’t have a ton of spending capacity. Reportedly, owner Jim Crane would prefer to avoid the competitive balance tax in 2026. RosterResource projects them for a $218MM CBT number next year. That’s more than $20MM below next year’s $244MM base threshold but the club also has other needs to address this winter. Trading someone like Christian Walker or Jake Meyers might free up some extra space but it’s somewhat tight for now.

So far, their rotation additions have been of the low-cost wild card variety. They took a flier on former top prospect Nate Pearson, signing him to a $1.35MM guarantee. Now they’ve added Weiss into the mix as well. Perhaps there’s a more surefire rotation upgrade over the horizon. For now, the Astros are making a modest bet that Weiss transfer some of his strong KBO results to the MLB level. For his part, Weiss gets a nice paycheck despite still having no major league experience.

Reporter Daniel Kim first reported that the two sides were close to a deal. Brian McTaggart of MLB.com reported that an agreement was in place for a major league pact and that Weiss will be a starter. Jesse Rogers of ESPN reported the guarantee, the presence of a ’27 option and the possibility for the deal to go beyond $10MM. Chandler Rome of The Athletic specified that the option is a club option.

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Houston Astros Korea Baseball Organization Transactions Ryan Weiss

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The Opener: Mets, Orioles, Rotation Market

By Nick Deeds | December 11, 2025 at 8:17am CDT

Here are three things we’ll be keeping an eye on around the baseball world throughout the day today:

1. Mets turn the page on an era:

The departures of Edwin Diaz and Pete Alonso during the Winter Meetings, in conjunction with last month’s trade of Brandon Nimmo, mean that three of the Mets’ longest-tenured players will all play elsewhere in 2026. President of baseball operations David Stearns was already facing plenty of pressure this winter to improve the roster after a disappointing year where his club missed the postseason in Juan Soto’s first season on the roster. With Diaz and Alonso officially out of the organization, that pressure is rising even more.

How will the Mets respond to those losses? A pursuit of Munetaka Murakami or Kazuma Okamoto could make some sense to replace Alonso at first base, and Robert Suarez remains a logical replacement for Diaz (alongside Devin Williams) in the ninth inning next year. Those replacements won’t be enough by themselves, however. New York remains in desperate need of help in the outfield and continues to look for help at the front of their rotation. Bringing in a top free agent like Kyle Tucker in the outfield or Tatsuya Imai in the rotation would surely help fans in Queens get over the losses of franchise stalwarts like Alonso this winter.

2. What’s next for the Orioles?

On the other side of the coin, fans in Baltimore were jubilant as their club finally made the big splash they’ve been hoping to see for years. With Alonso now in the fold for the next five seasons, the Orioles seem unlikely to take their foot off the gas just yet. They remain involved in the market for high-end rotation pieces, and it wouldn’t be a shock to see them add someone like Framber Valdez to the front of their rotation in free agency alongside Alonso. Of course, the free agent market isn’t the only avenue for improvement available. The addition of Alonso displaces Coby Mayo and Ryan Mountcastle on the team’s depth chart, and Mayo in particular could be the sort of high-end trade chip who makes landing a top starter in trade like Edward Cabrera or MacKenzie Gore (both of whom Baltimore has been connected to this winter) all the more feasible. What’s the next move for president of baseball operations Mike Elias?

3. When will the dam break in the rotation market?

For all the activity in and around this year’s winter meetings, things have remained quiet on the rotation front this winter. The market for relievers has been bustling all winter, with only a handful of the top closing options still available. The market for position players has been slower, but hitters did start to come off the board after Kyle Schwarber re-upped in Philadelphia, with Alonso and Mike Yastrzemski both signing yesterday. Every top free agent starter remains on the market besides Dylan Cease, however, and the trade market has seen no movement outside of the Red Sox adding Sonny Gray and Johan Oviedo.

Will things get moving in the coming days? It’s certainly possible. This week’s meetings surely hosted a number of important conversations between buyers and sellers on the trade markets, giving teams like the Mets, Orioles, and Cubs a better idea of which starters could actually be attainable for them while allowing sellers like the Marlins and Nationals to see which teams might come closest to their asking prices. In free agency, meanwhile, some reporting has indicated that Imai will begin visiting teams now that the Winter Meetings have come to a close with an eye towards signing before the holidays. Given that Imai’s posting window closes on January 2, the right-hander’s free agency could potentially serve as a catalyst that kicks the larger market for starting pitching into gear.

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The Opener

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Orioles, Pete Alonso Agree To Five-Year Deal

By Steve Adams | December 10, 2025 at 11:55pm CDT

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 met in person at this week’s Winter Meetings (which are being held in Orlando, not all that far from Alonso’s Tampa-area home).

Although 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. Alonso 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 short), Alonso put the team’s offense on his back alongside fellow stars Juan Soto and Francisco Lindor. From Aug. 1 onward, the “Polar Bear” raked at a .297/.339/.584 clip (153 wRC+) with 16 home runs and 15 doubles in 239 plate appearances.

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 they 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. The Mets were only comfortable with a short-term deal then and clearly didn’t change that thinking this time around.

Alonso is the second 30-homer slugger acquired by Baltimore president of baseball operations Mike Elias this winter. The O’s also picked up outfielder Taylor Ward (36 homers in 2025) in a trade sending talented but oft-injured righty Grayson Rodriguez to the Angels. The additions of Alonso and Ward should both add an influx of right-handed power to a team that hit just .231/.297/.364 against left-handed pitching in 2025 and also create myriad trade possibilities for Elias and his staff.

It’s feasible that the Orioles simply add a prominent starting pitcher via free agency as their primary means of addressing the rotation, but their newly acquired thumpers open the space for more creativity. Alonso’s addition could make it easier to trade young corner infielder Coby Mayo, while plugging Ward into a corner outfield spot makes one of Dylan Beavers or Colton Cowser easier to include in a trade for pitching help. Baltimore’s decision to tender a contract to Ryan Mountcastle, a defensively limited right-handed slugger coming off a poor season, now looks like all the more of a head-scratcher, though. The O’s could try to find a taker willing to buy low on him or, alternatively, hope that he can bounce back and be part of the solution between first base and designated hitter.

Payroll-wise, there was always clear runway to add a major contract to the books. The Orioles have spent the better part of the past decade in a rebuild and thus haven’t been handing out multi-year deals very often. The only players guaranteed anything beyond the upcoming 2026 season are Tyler O’Neill, Ryan Helsley and Samuel Basallo. O’Neill and Helsley are only signed through 2027, and Helsley can opt out of his contract following the 2026 season. (O’Neill’s $16.5MM salary in 2027 is all but immovable after his ugly 2025 showing.) Basallo’s eight-year, $67MM extension has just an $8.375MM average annual value. His salary will sit at just $1MM in each of the next three seasons and won’t top $10MM until 2031, at which point Alonso’s contract will have already wrapped up.

Alonso adds $31MM per year to the ledger — assuming an even distribution of his $155MM — but the rest of the books are so clean that it shouldn’t impede the Orioles from future additions of note and/or extensions for prominent young players. RosterResource now projects them for a payroll just under $148MM in 2026, but the 2027 books only have $62.5MM in guaranteed money ($48.5MM if Helsley turns down his player option). By 2028, Alonso and Basallo are the only players guaranteed anything.

Alonso’s contract becomes the second-largest in Orioles history, trailing only the seven-year, $161MM contract given to first baseman Chris Davis under a prior ownership and front office regime. That contract was laden with deferrals, too, which considerably weighed down the net present value.

When considering that wrinkle, the investment in Alonso can be considered the most significant expenditure in franchise history — but it’s also just one of several steps the Orioles will take this winter. Elias is still angling to upgrade his team’s rotation, and the O’s could still use help in the bullpen. This could very well end up being viewed as the signature move of the offseason — if not the entire Elias era to date — but the O’s aren’t likely to coast from here to spring training. There’s more on the horizon.

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Baltimore Orioles New York Mets Newsstand Transactions Pete Alonso

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How Might The Mets Replace Pete Alonso?

By Anthony Franco | December 10, 2025 at 11:50pm CDT

The biggest news of a relatively quiet Winter Meetings dropped on the final day. Pete Alonso is headed to Baltimore (pending a physical) on a massive five-year deal. His departure from the Mets had been telegraphed by the team's reported reluctance to go beyond three years. It's nevertheless jarring for a team that has spent at the top of the league to be comfortably outbid on the franchise's all-time home runs leader by a mid-market Orioles club.

Alonso's departure came one day after the Mets let Edwin Díaz walk to the Dodgers. They're a few weeks removed from trading Brandon Nimmo for Marcus Semien. Clearly, president of baseball operations David Stearns and his front office weren't happy to run it all back after the team melted down in the second half. They've signed Devin Williams to replace Díaz. We've yet to see how they'll respond to the losses on the position player side. There's plenty more to come -- no team is complete on December 10 -- but the 2026 Mets will look a lot different than the teams of the past few seasons.

At the beginning of the offseason, Stearns spoke about a need to improve the pitching and defense (link via Will Sammon of The Athletic). Aside from the Williams signing, they've waited out the pitching market so far. Their position player moves, or lack thereof, suggest they're indeed focused on getting more athletic. Semien remains an excellent defensive second baseman. Alonso's lack of defensive value is a big reason they were reluctant to pay him into his mid-30s.

Where do they go from here?

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