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Nationals Outright Riley Adams

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The Nationals sent catcher Riley Adams outright to Triple-A Rochester, according to the MLB.com transaction tracker. Washington designated him for assignment last week when they claimed reliever Gus Varland from Arizona. The Nats announced that Adams has accepted the minor league assignment.

Adams has between three and four years of MLB service time. That gave him the right to elect free agency in lieu of an outright assignment but meant he’d have forfeited his salary to do so. Adams and the Nats agreed to a split contract in November to avoid arbitration. That pays him at a $1MM rate for time in the big leagues and $500K for his minor league work. It was unlikely that Adams would pass on that guaranteed half-million dollars when he’d be limited to minor league offers as a free agent.

Now that he’s staying in the organization, Adams will provide non-roster depth behind the plate. The 29-year-old is a .211/.287/.354 hitter in 263 MLB games spanning five seasons. Almost all of it has come in Washington, as the Nats acquired him from the Blue Jays 12 games into his rookie season. Adams has above-average power but strikes out far too often to be a productive hitter. Defensive metrics haven’t been keen on his receiving work, though he does have a strong arm and cut down 28.8% of attempted base stealers last year.

Washington acquired rookie catcher Harry Ford in the trade sending hard-throwing reliever Jose A. Ferrer to Seattle. Ford should get run as Blake Butera’s primary catcher. Former top prospect Keibert Ruiz hasn’t lived up to expectations and now looks ticketed for a backup job. Drew Millas and catcher/utility player Mickey Gasper are on the 40-man roster. The Nationals also reunited with Tres Barrera on a minor league deal that includes a non-roster invite to Spring Training last week.

Reds Sign Darren McCaughan To Minor League Deal

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The Reds announced this afternoon that they’ve signed Darren McCaughan to a minor league contract. The righty will be in Spring Training as a non-roster invitee.

McCaughan is a 29-year-old swingman who has pitched parts of four seasons in the majors. He has a combined 20 appearances across four teams. The former 12th-round pick debuted with the Mariners in 2021 and has subsequently pitched for the Guardians, Marlins and Twins. He has a 6.02 earned run average with a 16.2% strikeout rate across 61 1/3 MLB innings.

The Long Beach State product spent the majority of the 2025 season with Minnesota’s Triple-A club. He started 12 of 26 appearances, tallying 97 frames of 5.10 ERA ball. McCaughan posted solid strikeout and walk numbers but was plagued by the longball, giving up 20 homers (nearly two per nine innings). Home runs have been an issue throughout his career, which isn’t surprising because he sits in the 89-90 MPH range with his sinker and four-seam fastball.

McCaughan has plus control and the versatility to pitch in different roles. He’s unlikely to break camp on a talented Cincinnati pitching staff but should be available as a non-roster depth option at Triple-A Louisville.

Where Can The Guardians Spend The Money Saved On The Ramírez Deal?

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The Guardians hammered out their third extension with José Ramírez over the weekend. While the team still hasn't announced the contract as of Wednesday evening, it reportedly runs through his age-39 season. It more or less confirms that Ramírez will be a one-team superstar, but the biggest impact in the short term is that it involved a restructure to give the team some spending room.

Ramírez will reportedly be paid $25MM annually over the next seven seasons. $10MM of each season's salary is deferred until 2036. He'd been slated for a non-deferred $21MM salary this season. They saved $6MM against the 2026 payroll and $8MM and $10MM, respectively, over the following two years.

Any mention of the Guardians spending money is going to be met with sarcasm and skepticism. That's warranted given their usual spending habits, but this year's payroll would be extreme even by their standards. There'll almost certainly be a notable acquisition or two before Opening Day.

Cleveland has 12 players, including their arbitration class, signed for the upcoming season. Their salaries break down as follows:

They'll also pay the Blue Jays $2.75MM as a condition of the Myles Straw trade. It's a total of $66.5MM in commitments, and even that dramatically overstates how much they'll actually spend. Ramírez is being paid $15MM this year, dropping their short-term obligations to $56.5MM.

There's also a strong chance they don't wind up paying anything to Clase. His criminal trial for alleged game-fixing won't begin until May, but it's possible MLB imposes its own discipline before the start of the season. It'd be a shock if the star reliever played another MLB game and Cleveland brass will obviously hope for the league to level a suspension that gets them off the hook for next year's salary.

If that happens, they'll be down to $50.5MM in guaranteed commitments. Filling out the roster with players on near league minimum salaries would push them into the $63-65MM range. According to The Associated Press, the Marlins were the only team with a season-opening payroll below $74.9MM last year. Cleveland ranked 25th in MLB with a $102.5MM mark.

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Nationals To Sign Sergio Alcántara To Minor League Deal

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The Nationals and infielder Sergio Alcántara have agreed to a minor league deal, reports Francys Romero of Beisbol FR. The Movement Baseball client receives an invite to big league camp in spring training.

Alcántara, 29, has generally been a light-hitting but sure-handed utility player in his career. He has appeared in 193 big league games dating back to his 2020 debut, suiting up for the Tigers, Cubs, Diamondbacks, Padres and Giants. He has 506 plate appearances between those clubs with a .207/.278/.340 batting line.

Defensively, he has played all three infield spots to the left of first base. The plurality of his playing time has been as a shortstop, with 532 innings there, plus 300-350 innings at both second and third base. His grades at short have been strong, with three Defensive Runs Saved and seven Outs Above Average. His grades at second and third aren’t as good, which is a bit odd since most plus shortstops can easily handle the other infield spots.

Teams must feel pretty good about his glovework as he’s not hitting his way into his opportunities. His numbers at the plate have been a bit better in the minors but not by much. Over the past three years, he has a .263/.377/.387 line and 94 wRC+ at the Triple-A level.

There’s plenty of uncertainty in the Washington infield. CJ Abrams has been the club’s shortstop for a few years now but he has appeared in some recent trade rumors. Even if he’s not dealt before the beginning of the upcoming season, he would be a trade candidate at the summer deadline. The top shortstop options behind him are Tsung-Che Chung, Nasim Nuñez and José Tena, who haven’t done much to impress in the big leagues thus far.

There are also question marks at the other spots. Luis García Jr. has been the regular at the keystone but the Nats moved him to first base late last year. That will put more pressure on his bat, which has been subpar. Even if he plays well, he would be a midseason trade candidate like Abrams.

Nuñez may be the heir apparent at second base. Brady House hasn’t seized the third base job as hoped. Both of those two still have options. Andrés Chaparro is in the mix at the corners and also has options. Abimelec Ortiz, just acquired in the MacKenzie Gore trade, is another first base candidate with options. The Nats have former prospect Orelvis Martinez aboard as some non-roster depth, though he hasn’t played shortstop in a few years.

It’s possible there’s a decent amount of shuffling throughout the season as the rebuilding Nats experiment with the guys in that group, with the whole picture potentially changing due to some future trades.. Alcántara adds some glove-first depth on the infield, particularly at shortstop, without taking up a roster spot. If he’s eventually added, he is out of options.

Photo courtesy of Dennis Lee, Imagn Images

Cody Bellinger Contract Comes With Higher Luxury Tax Hit For Yankees In First Two Seasons

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The Yankees finalized their five-year, $162.5MM contract with Cody Bellinger last week. That would ordinarily come with a $32.5MM average annual value that counts against the team’s luxury tax ledger. In most cases, a contract’s luxury tax number is taken by dividing the number of guaranteed years from the overall amount of guaranteed money — regardless of the salary distribution. Unlocked performance bonuses or option decisions can subsequently change the calculation, but the AAV is the starting point.

However, as Joel Sherman of The New York Post reports, Bellinger’s deal falls into a rare exception built into the collective bargaining agreement: the “Valley Charge,” as it’s called in the CBA. That only comes into play with a contract that is front-loaded before a player option year or opt-out clause. That applies to the Bellinger contract, which allows him to opt out after the second or third seasons. The next few paragraphs will hopefully explain why that’s the case — though it requires diving into some math and technical terminology within the CBA. Interested readers will also want to check out this X thread courtesy of Ethan Hullihen.

Bellinger’s deal comes with a $20MM signing bonus, which is counted as guaranteed money and is paid in full regardless of whether he opts out.* The outfielder will collect $32.5MM salaries for the first two seasons. The deal comes with respective $25.8MM, $25.8MM and $25.9MM salaries for the final three years if Bellinger does not opt out. He’ll make $85MM over the first two seasons and will have his first opt-out decision with three years and $77.5MM remaining. For CBA purposes, all three years after the opt-out are treated as player option years because Bellinger decides whether to stick with the contract.

To understand the Valley Charge exception, we’ll need to bring over some language from the CBA. The provision applies when the base salary of a player option year “is less than 80% of the base salary … plus attributed signing bonus” of the cheapest year before the opt-out. It’s therefore not a direct comparison. The salaries of the option years range from $25.8MM – 25.9MM. The years before the opt-out include both their $32.5MM salaries and $10MM each year for the prorated signing bonus: a $42.5MM value in total. The value of all three option years are less than 80% of that $42.5MM ($34MM), so they all fall within the Valley Charge.

Once the Valley Charge is triggered, the contract’s luxury tax distribution changes. Turning back to the CBA: “For each such player option year, the difference between the player option year value and the (80% value) shall be allocated pro rata across the years preceding the (opt-out).”

So, we subtract the salaries of each of the option years from the $34MM 80% value of the second season. That comes out to $24.5MM ($8.2MM + $8.2MM + $8.1MM). That’s divided over the two seasons preceding the opt-out at $12.25MM annually and added to the $32.5MM initial value, bringing the new CBT number to $44.75MM. If Bellinger does not opt out, the Yankees will receive “credit” in 2028-30 for the overcharge in the first two seasons, meaning he’d only count against their CBT ledger for roughly $24.33MM annually over the final three years.

RosterResource now projects the Yankees for a tax number above $330MM in 2026. That’s above their $320MM season-ending mark from last year, so it’s not clear how much room ownership will allot for in-season maneuvers.

* The Post’s Jon Heyman reports that the bonus will be paid in $10MM installments on April 1 and August 1 of this year. A player receives his full signing bonus regardless of his opt-out decision. Bellinger’s bonus is up-front, so that’s largely immaterial here, but the date of the bonus payment doesn’t have any impact on the Valley Charge calculation.

Mariners Outright Jhonathan Díaz

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The Mariners announced that left-hander Jhonathan Díaz has been outrighted to Triple-A Tacoma, indicating that he cleared waivers. He had been designated for assignment last week when Seattle acquired Cooper Criswell from the Mets. Díaz has the right to elect free agency but the Mariners did not indicate whether or not he would do so.

Díaz, 29, has appeared in five big league seasons but with limited action in each one. He pitched 15 1/3 innings or less in each, bringing him to a combined total of 46 1/3 innings, with 4.66 earned runs allowed per nine.

Some websites list Díaz as still having a minor league option but he was optioned for extended stretches throughout the 2022, 2024 and 2025 seasons. Teams are sometimes granted a fourth option on a player but only if they don’t have five “full” professional seasons, where a “full” season is defined as 90 active days. Díaz first reached full season ball way back in 2017 and has been fairly active since then, so he shouldn’t qualify for a fourth option.

Regardless of his option status, he was facing a tough path to a rotation gig in Seattle. The Mariners have a strong front five consisting of Logan Gilbert, George Kirby, Bryan Woo, Luis Castillo and Bryce Miller. The depth isn’t amazing but the M’s added Criswell and also have Logan Evans, Emerson Hancock and Blas Castano on the roster. They have added Dane Dunning and Randy Dobnak via minor league deals.

Díaz would have been somewhere in that mix but got squeezed out and the other 29 clubs passed on the chance to grab him off waivers. His minor league numbers aren’t bad, considering that he has been pitching in the hitter-friendly Pacific Coast League. Over the past three years, he has thrown 343 1/3 innings in that league with a 4.33 ERA, 21.2% strikeout rate, 8% walk rate and ground balls on roughly half the balls in play he allowed.

The lefty has a previous outright in his career, which means he has the right to reject this assignment and elect free agency. Since he just cleared waivers, it’s apparent that no club is willing to give him a 40-man spot, so he would be limited to minor league offers. With spring training just around the corner, it’s possible he decides to simply stick with the Mariners, which would give them some extra rotation depth.

Photo courtesy of Steven Bisig, Imagn Images

Nationals Claim Tsung-Che Cheng, Designate Konnor Pilkington

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The Nationals announced Wednesday that they’ve claimed infielder Tsung-Che Cheng off waivers from the Mets. Left-hander Konnor Pilkington has been designated for assignment to create space on the 40-man roster.

In 2025, Cheng made his big league debut with the Pirates, albeit in the smallest of samples (seven hitless plate appearances). The 24-year-old batted just .207/.305/.267 through 410 Triple-A plate appearances, connecting on just one homer with a dozen doubles and trio of triples.

Obviously, that’s poor production at the plate, but Cheng is a plus runner who swiped 20 bags and can play solid defense at three infield spots (shortstop, third base, second base). He’s walked in 12.5% of his minor league plate appearances as well and has a career .350 on-base percentage in the minors.

Cheng still has a minor league option year remaining. He’ll head to spring training with the Nats in hopes of securing a utility infield job, and he can provide some defensive-minded depth behind third baseman Brady House, shortstop CJ Abrams and second baseman Luis Garcia Jr. Abrams has seen his name pop up in trade chatter recently and could still be moved. Cheng certainly wouldn’t be thrust into the starter’s role in that scenario, but it’d create further opportunities for him in the majors, depending on how the Nats would go about replacing Abrams in that hypothetical scenario.

Pilkington, 28, pitched 28 1/3 innings for Washington last season. He worked to a 4.45 ERA, fanned 27.6% of his opponents and logged an ugly 13.8% walk rate. That marked the left-hander’s third season with at least some big league time. He’s totaled 88 1/3 frames in the majors and turned in a solid 3.97 ERA, albeit with a pedestrian 22% strikeout rate and a beefy 12.9% walk rate.

A former third-round pick (White Sox, 2018), Pilkington has spent parts of four seasons in Triple-A, where he’s pitched to a 6.10 earned run average with comparable strikeout rates to his major league level but an even more alarming 14.1% walk rate. Moving from a starting role to a pure relief role bumped Pilkington’s average fastball to a career-best 94.5 mph this past season but didn’t help him rein in his command at all.

Pilkington still has one minor league option year remaining, and while his overall track record in Triple-A isn’t good, he notched a 2.59 ERA in 42 1/3 innings with Washington’s top affiliate in Rochester this past season. Even amid that seemingly strong showing, however, Pilkington walked 15% of his opponents. It’s possible another club is intrigued by his uptick in velocity and the strikeout numbers following a move to the bullpen, but unless he can dramatically cut back on his walk rate, it’s hard to imagine Pilkington carving out a lasting role in the big leagues.

The Nationals can trade Pilkington or place him on waivers at any point within the next five days. Waivers are a 48-hour process. His DFA will be resolved within a week’s time.

MLB Mailbag: Giants, Framber Valdez, Eugenio Suarez

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This week's mailbag gets into the Giants' rotation, why Framber Valdez remains unsigned, a thorough look at where Eugenio Suarez could land, the Tigers and Nationals, and more collective bargaining thoughts.

Paul asks:

Who makes sense for the Giants to add to their rotation?

Daryn asks:

Why is Framber Valdez not signed yet? He is the best starting pitcher in the market. Is it his age and asking for a lot of years, or it is the clubhouse thing we hear about?

At present, the Giants' rotation looks like this:

Like every team, they'll need reinforcements for injuries.  Ray is 34 and 2025 was his first full season in three years.  Houser is 33 and tossed a career-high 164 1/3 innings last year (Triple-A included).  Roupp missed 24 days with elbow inflammation and then saw his season end in August with a deep bone bruise to his knee.  Mahle missed over three months with shoulder soreness.

On the Mahle conference call, Giants GM Zack Minasian said, "I don’t know if we’re ever done. I think we’re very comfortable with the five that we have and then the bundle of arms behind them. Our depth is in a much better spot than it was at the beginning of the offseason, so we’re happy with where we’re at. We’ll keep working at it, but we do think this is a solid five-man rotation going into the spring."  That quote comes via Susan Slusser of the San Francisco Chronicle.

That bundle behind the starting five may include Hayden Birdsong, Kai-Wei Teng, Carson Seymour, Blade Tidwell, and Carson Whisenhunt, all of whom made big league starts last year.  Trevor McDonald and Keaton Winn are options as well.

The Giants are paying $21MM in AAV for Houser and Mahle this year, but neither can be counted on for a 2-WAR season.  I don't know that Zac Gallen would be enough of an improvement over the Giants' existing back-end options, but slotting Framber Valdez in behind Webb would be huge.  The Giants have a good team at present, but Valdez could add a crucial three wins over whoever he replaces.

Back in November, Giants owner Greg Johnson expressed reluctance to sign a pitcher to a long-term deal.  Just before that, MLBTR predicted a five-year deal for the 32-year-old Valdez.  Ranger Suarez signed a five-year deal two weeks ago, so it is possible to get that type of contract in January.  That said, we haven't seen a free agent starter get five years on January 28th or later since Yu Darvish in 2018.  As we get closer to pitchers and catchers reporting, the chance of Valdez getting a true five-year deal like Suarez decrease.

There are several factors that likely contribute to Valdez being unsigned on January 28th:

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Brewers, Reese McGuire Agree To Minor League Deal

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The Brewers have signed catcher Reese McGuire to a minor league contract and invited him to major league spring training, per Curt Hogg of the Milwaukee Journal-Sentinel. Chris Cotillo of MassLive.com reported last week that the two sides had been talking. McGuire is represented by Apex Baseball.

McGuire, 31 in March, is a former first-round pick and top prospect who’s played in parts of eight major league seasons with four teams — most recently the 2025 Cubs. He hit .226/.245/.444 (86 wRC+) in 140 turns at the plate with Chicago last year and is a career .248/.293/.374 hitter in 400 games and 1178 plate appearances as a big leaguer.

Though he never developed into much of a threat in the batter’s box, McGuire has been a frequently used backup in recent years, due primarily to his defensive acumen. He receives above-average grades for his framing, ability to block balls in the dirt and his throwing. He nabbed eight of 31 thieves on the bases this past season (25.9%) and has a career caught-stealing rate just over 27%.

McGuire has more than five years of major league service time, so if he makes the roster in Milwaukee, the Brewers won’t be able to option him to the minor leagues. As things stand, there would appear to be a good chance that McGuire can indeed break camp with the club. William Contreras is, of course, in line to handle the bulk of the Brewers’ catching work.

Prior to their deal with McGuire, there was no clear backup option. Top prospect Jeferson Quero is the only other catcher on the 40-man roster, but the Brewers aren’t going to have a 23-year-old top-100 prospect sit on the bench as a backup at the major league level. Bringing McGuire into the mix allows Milwaukee to send Quero to Triple-A Nashville where he can play regularly and continue his development. Quero notched 250 plate appearances in Triple-A last season, but that was his first exposure to the top minor league level and he posted only league-average offensive marks in that time. He’s the heir apparent to Contreras behind the dish but isn’t yet ready for a full-time major league look.

The Brewers could always bring in some more veteran catchers to create some competition in camp, but for now, McGuire jumps to the front of the pack as the likeliest in-house option to serve as Contreras’ backup in 2026.

Rockies Acquire Edouard Julien, Pierson Ohl

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The Twins have traded infielder Edouard Julien and right-hander Pierson Ohl to the Rockies, according to announcements from both clubs. Minor league right-hander Jace Kaminska and cash considerations are going to the Twins. The Rockies freed up two 40-man spots earlier today by trading Angel Chivilli to the Yankees and designating Yanquiel Fernández for assignment. Ohl was already off the 40-man because he was designated for assignment last week. Trading Julien drops Minnesota’s count to 39, as Kaminska does not require a spot.

Julien, 27 in April, has shown flashes of potential with a three-true-outcomes approach. His best showing was in his rookie season with the Twins in 2023. He struck out in 31.4% of his 408 plate appearances but also drew walks at a huge 15.7% clip and hit 16 home runs. Even with all the punchouts, his .263/.381/.459 batting line led to a 134 wRC+, indicating he was 34% better than league average.

Most of that damage came with the platoon advantage, as he had an awful .196/.229/.217 line against lefties, but it was still enough for him to finish seventh in American League Rookie of the Year voting and inspire a troubadour.

He hasn’t been at that level since then, however. He has taken 509 plate appearances over the past two seasons with just 11 home runs. His 10.8% walk rate is still above average but not otherworldly, while his strikeout rate stayed high at 32%. That led to a combined line of .208/.299/.324 and a 79 wRC+ for that span. Julien has experience at second and first base but isn’t a particularly strong defender at either position, which made the declining offense more problematic.

As he struggled, the Twins often sent him to the minors. He still hit well down there, with a .261/.406/.440 line and 125 wRC+ in Triple-A over the past two years, but he exhausted his option seasons in the process. That was going to put him on the fringes of the roster going forward. The Twins signed Josh Bell to play first base and seem likely to give Luke Keaschall run at second. They have Austin Martin, Eric Wagaman and Tristan Gray also in the mix.

Julien’s path to playing time in Colorado is much better. The Rockies don’t really have a clear option for first base or second base. At first, waiver claim Troy Johnston is one option but he has just 44 games of big league experience and can still be optioned to the minors. The Rockies just got T.J. Rumfield in the Chivilli trade today but he still doesn’t have a roster spot or any major league experience.

Since Julien isn’t a standout defender, he would be a better fit at first. But if the Rockies are willing to play him at the keystone, there’s not much in the way. The Rockies probably want to give some playing time to Adael Amador but he has a .176/.242/.250 line in his career thus far and can still be optioned to the minors. Ryan Ritter is in a somewhat similar situation. Willi Castro can bounce around to other positions.

Julien may play both positions, with his playing time at each determined by which other players on the roster are healthy and producing. He can be controlled for four full seasons, so the Rockies could keep him around if he bounces back to his 2023 form.

It also shouldn’t be a shock if Julien ends up traded again before those four years are up. Colorado has lost at least 101 games three years running, including an awful 43-119 season in 2025. That led to an organizational overhaul, with Paul DePodesta taking over as the new front office leader. Presumably, the club’s decision makers aren’t expecting a return to contention in the short term.

But it does appear that they see value in buying low from the fringes of other rosters. Earlier this winter, the Rockies acquired Jake McCarthy from the Diamondbacks. Like Julien, he has some major league success but is coming off a down year. Since he is out of options, the Snakes were going to have a tough time keeping him on the roster. The Rockies acquired him and his three remaining years of control. Since it will be difficult for Colorado to be good again in that window, the apparent hope is that McCarthy bounces back and can be traded after he has rebuilt some value. Julien is controlled for one more season than McCarthy but the situations are somewhat analogous.

As for Ohl, 26, he’s in a different boat. He only made his major league debut last year and has just 30 big league innings under his belt with a 5.10 earned run average. He can be controlled for six full seasons and also has a full slate of options, so he can be kept in the minors or shuttled up and down fairly regularly.

He doesn’t throw especially hard, averaging around 92 miles per hour with his four-seamer last year, but he has the intriguing combination of possessing strong control of a diverse arsenal. He mostly threw his four-seamer and changeup last year but also mixed in a cutter, sinker, curveball and even dabbled with a knuckleball. He tossed 71 1/3 innings across multiple levels of the farm last year, making six starts and 18 relief appearances, with a 2.40 ERA, 30.3% strikeout rate and 3.9% walk rate.

The Rockies need pitching more than any other team. Their collective 5.99 ERA was easily the worst in the majors last year. Since Ohl has experience starting and relieving, and also has options, he can move around based on the club’s needs. The Rockies presumably want to give starts to young pitchers like Chase Dollander, McCade Brown and Carson Palmquist but Ohl can step up if those guys struggle or need more time in the minors. He could also eat some innings out of the bullpen or be stashed in the minors as depth.

While those are intriguing pickups for the Rockies, the Twins probably feel they are mostly giving up guys who were getting squeezed out anyways. As mentioned, Ohl was already designated for assignment, while Julien is out of options.

In return, they are getting a bit of cash and some non-roster depth. Kaminska, 24, was a tenth-round pick of the Rockies in 2023. He hasn’t featured on top prospect lists but had good numbers a couple of years ago. In 2024, he tossed 87 1/3 innings at Single-A with a 2.78 ERA, 29.5% strikeout rate and 3.4% walk rate. He required Tommy John surgery in March of 2025 and missed the entire season. The Twins will try to get him back on track whenever he’s healthy. He will be eligible for the Rule 5 draft in December of 2026 if not added to the 40-man roster.

Photo courtesy of Ken Blaze, Nick Wosika, Gary A. Vasquez, Imagn Images

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