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Will The Imai Signing Spur An Astros Trade?

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The Astros finalized their three-year, $54MM deal with Tatsuya Imai this afternoon. It came as a surprise that the Japanese righty ended up in Houston — not because the Astros didn’t need a starter, but due to what appeared to be a tight budget.

Imai settled for an $18MM average annual value that landed below most projections. Houston got a short-term deal at a reasonable salary by offering opt-out chances after each of the first two seasons. RosterResource projects their Opening Day payroll around $242MM. They’re at an estimated $238MM in luxury tax commitments. The Astros also need to pay a $9.975MM release fee to Imai’s NPB club, the Seibu Lions. That does not count against their luxury tax ledger, though it’s a not insignificant sum for what could amount to one year of Imai’s services if he opts out.

The Astros opened the 2025 season with a $220MM payroll. Their season-ending luxury tax number landed just shy of $246MM, subjecting them to a modest ($1.5MM) bill for exceeding the $241MM base threshold. Next season’s cutoff is $244MM. They’re already projected within $6MM of that number. A team’s luxury tax payroll is not finalized until the end of the year, meaning in-season acquisitions count on a prorated basis towards that sum. So do any unlocked incentives and contracts for players on minor league deals who are selected onto the MLB roster.

Early offseason reporting indicated that Houston owner Jim Crane was reluctant to go beyond the tax line for what would be a third straight season. Chandler Rome of The Athletic wrote this morning that remains the case even with Imai on the books.

Will that be a firm mandate? Crane was loath to pay the CBT in each of the past two offseasons as well. That changed quickly in 2024, when they responded to a season-ending injury to Kendall Graveman by signing Josh Hader — a deal that rocketed them into tax territory. Houston stayed below the CBT line entering the ’25 season. Then came an opportunity to reacquire Carlos Correa at the deadline, again pushing them above. The owner has changed his mind before.

As it stands, it’s difficult to see the Astros staying below the tax line throughout the 2026 season. They’d be very limited in what they can accomplish at the trade deadline. RosterResource’s calculation is unofficial and pending resolution on a number of arbitration cases, so there are decent-sized error bars in the $238MM estimate, but the broader point remains that they’re not far below the CBT line. Some clubs prefer to have more than $10MM in payroll room for in-season additions.

That could lead the front office to clear a few million in an offseason trade. Let’s look at how their payroll is shaping up.

Players on Guaranteed Contracts (10)

Correa, Altuve and Alvarez obviously aren’t getting traded. Hader anchors the bullpen and is headed into the third season of a five-year deal; he’s not going anywhere. Imai, Weiss and Pearson signed free agent contracts this offseason. That only leaves three possibilities from this group.

Javier is headed into the fourth season of a five-year, $64MM extension. His deal comes with a $12.8MM luxury tax hit. Tommy John surgery wiped out most of his last two seasons. He made it back for eight starts at the end of last year. His whiff rate was down compared to pre-surgery levels but the raw stuff didn’t look much different. It’s fair to attribute his inconsistency to some rust off the layoff. A team with a deeper rotation might consider selling low in this situation, but that’s not a luxury the Astros can afford. They’d need to replace him in the middle of the rotation and are unlikely to find anyone better in free agency for less than $13MM annually.

McCullers is making $17MM in the final season of his five-year extension. Injuries cost him all of 2023-24. He pitched to a 6.51 ERA around three more IL stints last year. He might be looking at minor league offers if he were a free agent. No one is taking any of this contact unless the Astros attach a prospect to convince a team to pay down a small percentage. Maybe that’d work for a rebuilding club, but McCullers also locked in full no-trade rights when he crossed the 10-year service threshold last season. There’s probably not much to be done about this one.

Of the players on guaranteed deals, that only leaves Walker. He’s owed $40MM over the next two seasons and counts for $20MM against the tax ledger. His first year in Houston was a disappointment. Despite hitting 27 homers, he had a below-average .238/.297/.421 batting line over 640 plate appearances. Walker’s typically excellent defensive metrics tanked. He picked things up offensively with a near-.800 OPS in the second half, though even that narrative is clouded by a .277 on-base percentage in September.

Altogether, Baseball Reference graded Walker as a replacement level player. FanGraphs credited him with one win. He wouldn’t come close to $40MM for his age 35-36 seasons if he were a free agent. Even getting another team to cover half the contract would be a stretch. (Ryan O’Hearn, who is two years younger, just signed a two-year deal at $14.5MM annually coming off a .281/.366/.437 season that was valued between 2-3 WAR.) The Astros could probably find a taker if they paid Walker down to $7-8MM per season, yet that’d be a lot of dead money to eat a third of the way into the contract. General manager Dana Brown downplayed the chance of moving Walker at the GM Meetings in early November, calling him the team’s “everyday first baseman.”

Arbitration-Eligible Players (12)

There’s no chance of a Hunter Brown trade. Dana Brown said at the Winter Meetings that teams weren’t even asking about Peña because they’re aware “there’s no way” they’d move their franchise shortstop (via Rome).

De Los Santos will make $1.6MM after avoiding arbitration. The Astros could have non-tendered him if they just wanted that small amount off the books. Okert, Allen, Sousa and Wesneski are all projected by MLBTR contributor Matt Swartz for $2MM salaries or less. Savings compared to the $780K minimum would be negligible. They’re useful role players or, in Wesneski’s case, a potentially valuable long-term piece.

Abreu ($5.9MM projection) and Diaz ($4.5MM projection) are probably too valuable to trade. The former is their best setup man, the latter their starting catcher. While there’d be significant interest in both, they’re not easily replaced by someone making the league minimum. That leaves three players: Paredes, Meyers and Sánchez.

Paredes is projected for a $9.3MM salary and has two years of remaining control. The GM said in November that the team had “no interest” in moving him. Paredes had an excellent start to his Astros tenure, hitting 20 homers with a .254/.352/.458 line over 438 plate appearances. He missed most of the second half with a significant hamstring injury. The Astros responded by acquiring Correa to play third base. Paredes could factor in at second base but is unlikely to be a strong defender there. Walker is penciled in at first for now with Alvarez and Altuve splitting left field and designated hitter.

The Astros dangled Meyers for a controllable starter early in the offseason. It would’ve been a bit of a sell-high situation on the heels of a career-best .292/.354/.373 showing at the plate. He’s less likely to move now that the Astros dealt outfield prospect Jacob Melton to Tampa Bay in the three-team trade to land starter Mike Burrows. Meyers’ $3.5MM projection isn’t onerous, and trading him would place a lot of faith in rookie Zach Cole to step up as an everyday center fielder.

That may leave Sánchez as their top candidate for a pure salary dump move. He’s projected for a $6.5MM salary, and it came as a surprise that Houston tendered him a contract at all. Sánchez was a disappointment after a deadline deal from Miami, batting .199/.269/.342 over 160 plate appearances while making a handful of defensive lapses. They could shop Sánchez and add a cheaper left-handed free agent outfielder (e.g. Mike Tauchman, Michael Conforto) to compete with Cole and Cam Smith for right field playing time.

Which Team Will Sign Kazuma Okamoto?

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There are less than 48 hours until the posting window closes for NPB slugger Kazuma Okamoto. His first MLB contract needs to be finalized by Sunday at 4:00 pm Central. There’s a good chance Okamoto agrees to terms by tomorrow. Tatsuya Imai agreed to a three-year deal with the Astros yesterday to leave a day for a standard physical before his own signing deadline this afternoon.

The right-handed hitting Okamoto is one of the more interesting mid-tier free agent bats. He’s a career .277/.361/.521 hitter over parts of 11 seasons at Japan’s highest level. Okamoto was limited to 69 games last year by an elbow injury. That kept his counting stats down, yet his .327/.416/.598 slash line was the best rate production of his career. He has six 30-homer seasons on his résumé and walked as often as he struck out last year.

Okamoto is headed into his age-30 season. It’s unlikely that he’ll command a long-term deal, especially after younger Japanese stars Imai and Munetaka Murakami found cold enough markets to take short contracts. He should land with a club that views him as a potential middle-of-the-order bat for the next few seasons. While Okamoto doesn’t have the eye-popping power that Murakami brings to the table, he should have a higher floor based on his superior bat-to-ball skills. Okamoto made contact on 80.4% of his swings last year; Murakami’s contact rate has been below 64% in consecutive seasons.

Both players are corner bats. Murakami is expected to be a first baseman for the White Sox. Okamoto’s position probably depends on his landing spot. One scout with whom MLBTR spoke at the beginning of the offseason opined that he could play a serviceable but unspectacular third base. Okamoto made 52 appearances at the hot corner and played 27 games at first base for the Yomiuri Giants last season. He was primarily a first baseman the year before that, making 130 appearances there against 39 outings at third.

Okamoto was a full-time infielder last year. He has 164 career appearances on the outfield grass, though, including 15 two seasons ago. Will Sammon of The Athletic floated the possibility of an MLB team giving Okamoto some work in left field as another way to get his bat in the lineup.

The Blue Jays, Red Sox, Pirates, Padres, Angels and Cubs have been at least loosely connected to Okamoto during his posting window. San Diego’s and Pittsburgh’s interest has come up most frequently, though it’s unclear how much to take from that. The White Sox weren’t tied to Murakami until very late in the process, while it wasn’t publicly known that the Astros were involved on Imai at all until an agreement was done.

Where will Okamoto end up?

 

Astros Designate Kaleb Ort For Assignment

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The Astros announced they’ve designated reliever Kaleb Ort for assignment. That opened the 40-man roster spot to finalize their three-year free agent deal with Tatsuya Imai.

Ort landed in Houston on a waiver claim from Baltimore early in the 2024 season. He turned in a 2.55 earned run average across 22 games the rest of the way. Ort made a career-high 49 appearances last year but was unable to maintain the numbers he showed in a smaller sample. He allowed 4.89 earned runs per nine across 46 innings.

The righty missed bats at an above-average clip and struck out more than a quarter of opposing hitters. That came alongside a near-14% walk rate, however, well above the 4.3% mark he’d posted in his MLB work a year earlier. Ort also allowed a higher than average home run rate for a third consecutive season. While manager Joe Espada preferred to use him in the middle innings, he was pressed into a few higher-leverage spots when Josh Hader and Bennett Sousa were lost to injury in August. That pushed Bryan Abreu into the closing role and left Ort as one of their more established right-handed setup arms.

It unfortunately didn’t take long before Ort joined his bullpen mates on the injured list. He went down with elbow inflammation at the beginning of September. That knocked him out for the rest of the season. There’s no indication he won’t be ready for Spring Training, but he was already on the roster bubble. Ort is out of minor league options and approaching his 34th birthday.

Houston has Hader, Abreu, Sousa, Steven Okert and Bryan King in the season-opening bullpen, assuming health. Enyel De Los Santos and Nate Pearson are out of options and near-locks to break camp. Pearson signed a $1.35MM free agent deal, while De Los Santos is guaranteed a $1.6MM salary after avoiding arbitration. There wouldn’t have been much flexibility for in-season maneuvering if they also carried Ort. He’ll be traded or placed on waivers within the next five days. Ort has less than three years of MLB service and no prior outright assignments, so the Astros could keep him around as a non-roster invitee if he gets through waivers unclaimed.

Astros Sign Tatsuya Imai

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The Astros officially announced the signing of right-hander Tatsuya Imai to a three-year contract that allows him to opt out after each of the first two seasons. It’s reportedly a $54MM guarantee for the NPB star, who’ll collect a $2MM signing bonus and $16MM salary next year. He’s owed respective $18MM salaries between 2027-28. Imai, a client of the Boras Corporation, would reportedly escalate his 2027 salary by $2MM apiece at reaching 80, 90 and 100 innings next year. His ’28 salary would also climb by $1MM at each of those thresholds, meaning the total value can jump another $9MM.

Meanwhile, the Lions will receive a posting fee based on Imai’s $54MM guarantee. The current system for international postings gives the original club 20% of the first $25MM, 17.5% of the next $25MM, and 15% of anything over $50MM. That works out to $9.975MM, so the Astros are on the hook for just under $64MM between the contract’s guaranteed money and the posting fee. If Imai opts out next season, Houston will have committed $27.975MM for one year of his services. The Astros would also owe a 15% posting fee to the Lions on any escalators that Imai unlocks if he doesn’t opt out.

Imai was one of the top starters available in free agency and coming off a career-best 1.92 ERA season with the Saitama Seibu Lions of Japan’s Nippon Professional Baseball. It was reported several days ago that he was meeting with teams in-person in advance of his January 2 signing deadline. The Yankees, Mets, Cubs, Phillies, and Orioles were among the clubs interested in signing him, so the Astros are a bit of a surprise destination.

We at MLBTR ranked Imai No. 7 on our Top 50 Free Agents list and projected him for a six-year, $150MM contract. This deal with Houston comes in at half the length of that projection, with around a third of the guaranteed money. It appeared that Imai had other offers on the table for longer terms but lower AAVs (link via Mark Feinsand of MLB.com). The opt-outs in his deal with Houston allow him to try for a bigger contract in future offseasons if he can prove himself in MLB.

Imai is 27 years old (28 in May) and has pitched to a 3.15 ERA in 963 2/3 career NPB innings. He debuted in 2018 at age 20 and made 16 appearances (15 starts), but struggled with a 4.97 ERA. Those early struggles continued from 2019-20. In the pandemic season, Imai had a 6.13 ERA in 61 2/3 innings and walked more batters than he struck out, which resulted in him temporarily being moved to the bullpen. He rebounded in 2021, posting a 3.30 ERA in 158 1/3 innings with an improved strikeout rate, and he has stuck as a starting pitcher ever since.

That kicked off a run of dominance from 2022-25. After posting a 2.41 ERA in nine starts with the Lions in 2022, Imai followed up with a 2.30 ERA and a 24.4% strikeout rate in 133 innings in 2023. While he did walk 11.4% of hitters that year, his strikeout and walk numbers improved year over year from 2023-25. This year, he struck out 27.8% of hitters (highest among qualified NPB starters) and walked just 7.0%. His 20.7% K-BB rate was third-best in that league. Imai also did very well at keeping the ball in the yard, allowing just six home runs all season (0.33 HR/9) and inducing groundballs 48.3% of the time. Overall, he enters the majors with a higher ceiling and much-improved control compared to his early career.

In terms of stuff, Imai profiles as a mid-rotation starter in the majors. His fastball sits in the mid-90s and can reach 99 mph, and he also throws a slider, splitter, and changeup. His excellent performance from 2022-25 made him an attractive target in free agency, although some evaluators were concerned about his secondary stuff and past struggles with control. It seemed that industry opinion was mixed on whether he could succeed as a big-league starter, which resulted in the lower-than-expected guarantee.

At the time of his posting, a $150MM deal seemed like a real possibility. These days, teams value youth and upside and are willing to pay a premium to get it. Recent offseasons have seen players like Juan Soto and Vladimir Guerrero Jr. sign for over a decade and at least $500MM in guaranteed money. Among Asian players, right-hander Yoshinobu Yamamoto and outfielder Jung Hoo Lee came to the majors after their age-24 seasons and earned $100M+ deals. Imai is several years older than Yamamoto was when he signed and has a shorter track record as a front-of-the-rotation arm. While he was never going to match Yamamoto’s deal, Imai’s year-over-year improvement and relative youth were enough for the Astros to want him in their rotation.

Houston’s interest was not widely known, though it makes sense that they wanted another starting pitcher. Longtime ace Framber Valdez is currently a free agent. The team has had some discussions with Valdez’s camp, though the expectation is that he will sign elsewhere on a pricier contract. Hunter Brown was phenomenal in 2025, totaling 185 1/3 innings with a 2.43 ERA. That figure was third-best among qualified starters, trailing only Cy Young winners Paul Skenes and Tarik Skubal. He also posted an 85th-percentile strikeout rate and a 77th-percentile groundball rate. Altogether, he was worth 4.6 fWAR and finished third in AL Cy Young voting. He’ll return as the staff ace in 2026.

Behind Brown, the rotation looks shaky. Cristian Javier currently projects as the No. 2 starter. He owns a 3.66 ERA in 538 career innings, but he pitched just 71 2/3 innings from 2024-25 due to Tommy John surgery. In just 37 innings this year, Javier had a 4.62 ERA with a 21.7% strikeout rate and a 9.6% walk rate. He is under contract through 2027. Meanwhile, Lance McCullers Jr. has had his own injury troubles, pitching just 103 innings in the past four years and missing 2023-24 entirely. Even if he performs well in 2026, the team will monitor his workload carefully. The recently-acquired Mike Burrows will play some role. He had a 3.94 ERA in 96 innings this year with an impressive 16.4% K-BB rate, though his overall track record is fairly minimal.

The addition of Imai gives the Astros a durable No. 2 or 3 starter at an affordable rate. It remains to be seen how his strikeout and groundball potential will translate against major-league hitting, though the club is surely hoping he can maintain his performance from Japan. The signing brings the Astros’ projected payroll to $242MM, according to RosterResource. The club was a second-time luxury tax payor this year and is hoping to avoid paying it for a third time. The first luxury tax threshold for 2026 is $244MM, so the club will likely need to shed payroll if it wants to add to other areas of the roster.

With Imai now off the board, any clubs in need of a starter will need to look elsewhere. Dylan Cease was the top free agent pitcher entering the offseason and has since signed with the Blue Jays. Valdez, Ranger Suarez, Zac Gallen, Chris Bassitt, and Lucas Giolito are still available in free agency. Valdez and Suarez are front-of-the-rotation options, while Gallen, Bassitt and Giolito are cheaper, mid-rotation arms.

Jon Heyman of The New York Post first reported the Astros and Imai had agreed to a deal. ESPN’s Jesse Rogers was first on the three-year term with opt-outs after the first two seasons. Heyman reported the $54MM guarantee and $9MM in escalators at 80-100 innings, while Ronald Blum of The Associated Press was first on the signing bonus and specific escalator breakdown.

Front Office Subscriber Chat Transcript

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Anthony Franco

  • Good afternoon, hope you've all had a good holiday season!
  • Lots in the queue today, let's get rolling

Natitude Dude

  • Is M Gore getting dealt this off-season? If so, what kind of return can be expected after the Baz deal?

Anthony Franco

  • I still think he'll get moved this offseason. Would expect a better headliner than Tampa Bay got in the Baz trade and a slightly stronger package overall. Think Gore's more valuable despite Baz have the extra year of arbitration control

KerryFam4

  • We’ve now had two Japanese players sign short term deals with opt-outs at lower than expected rates.  Do you think that will impact the remaining unsigned Japanese player(s)?  Should we read anything from that into the markets for Tucker, Bichette, Bregman, Valdez, etc?

Anthony Franco

  • Not reading a whole lot into it. Seems more that MLB teams didn't think Murakami or Imai are particularly good
  • If all the top free agents are still unsigned two or three weeks from now, I'd come more around to the idea that of shorter-term contracts with outs for them

gavin

  • should the padres trade pivetta to the cubs/mets/yankees for prospects and sign basset or giolito?

Anthony Franco

  • I think it's too cute. Pivetta's just much better than those guys and the rotation is pretty weak beyond the top three. I understand the concern about potentially losing Pivetta and King next offseason, but the Padres are almost always operating in some kind of chaos like that because they overpaid Bogaerts, Darvish and Cronenworth

Guest

  • In your opinion, which outlet is the best for prospect coverage? Is there one you guys typically use?

Anthony Franco

  • Baseball America's the gold standard for me, but there's obviously a lot of good work out there and value in getting different outlets' opinions on players. We'll reference BA, FanGraphs, Kiley McDaniel's work at ESPN, Keith Law at The Athletic and MLB Pipeline

Arise, Sir Loin of Beef

  • Are there any upper tier OFs available in a trade this year?

Anthony Franco

  • It's not great, especially if Boston holds everybody. Donovan could kind of fit that description even though he's more impactful at second base and/or bouncing around the infield. We've seen that kind of ceiling from Robert and Nootbaar before but not recently
  • I think it's more likely to come available at the deadline. Red Sox are pretty well positioned on the pitching staff now but injuries could change that by the summer. If Cleveland struggles, Kwan should go in July. Maybe Minnesota reevaluates on Buxton and their top starters at that point if their half-in hope of competing this year blows up

A's or Marlins?

  • Between the A's and Marlins, which team do you believe is in a stronger position to compete for a wild card spot this season?

Anthony Franco

  • I'd take Miami's roster right now but that probably flips if the A's add a mid-rotation caliber starter. Still think they're both long shots but more realistic dark horses than they've been entering any of the past couple seasons

Confused

  • Why is Brendan Donovan so highly-sought after? Minimal power and he doesn’t have the .300 batting average to offset that?

Anthony Franco

  • Almost no one hits .300 anymore. There were seven qualified hitters who have done that in each of the past two seasons. Donovan's a reliable bet to hit .280 with an OBP above .350. Not huge power but enough for double-digit homers and 30 doubles
  • It's really tough to find players who do that while playing up the middle. The league average second baseman last year hit .243/.310/.371

Chris

  • Who is one player you think could possibly be traded this offseason who has not been speculated in trade discussions?

Anthony Franco

  • Still think the Giants should trade Robbie Ray to clear $25M next year for a move at second base or in right field

Giacomo Puccini

  • Who’s the best active player not to win an MVP?

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Mets Have Checked In On Kyle Tucker

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According to Jon Heyman of the New York Post, the Mets have “checked in” on free agent outfielder Kyle Tucker. The four-time All-Star and two-time Silver Slugger winner is MLBTR’s top free agent.

Much speculation has linked Tucker to the Mets this offseason, and it isn’t difficult to see why. According to RosterResource, Steve Cohen’s club ran payrolls of $346MM, $336MM, and $340MM in 2023, ’24, and ’25, respectively. Currently, their projected payroll for 2026 sits at just $294MM. That means president of baseball operations David Stearns should have at least $40 million left to spend. He’s already made some additions, namely, signing Jorge Polanco, Devin Williams, and Luke Weaver, and trading for Marcus Semien. However, considering all the players the Mets have lost or dealt away, including Pete Alonso, Edwin Díaz, Brandon Nimmo, and Jeff McNeil, and considering how they missed the playoffs in such heartbreaking fashion last September, Stearns has more work to do. Surely, he didn’t sign Juan Soto to a record-smashing contract last season just to sit on his hands a year later.

If Stearns wants to make a big splash, there’s no better way to do so than by signing the top free agent on the market. The Mets are reportedly hesitant to sign a starting pitcher to a long-term contract this winter. What’s more, Heyman notes that Tucker’s presumably high asking price is why Cody Bellinger remains their preferred outfield target. That said, it would be foolish to count the Mets of all teams out of the Tucker sweepstakes for financial reasons. They could give him the 11-year, $400MM contract MLBTR predicted at the beginning of the offseason ($36.4MM AAV), and their payroll would still be lower than it’s been in any of the past three seasons.

What’s more, the Mets have a clear opening for Tucker in their lineup after parting with Nimmo. Right now, RosterResource has Carson Benge penciled in as New York’s starting left fielder. Benge is a consensus top-100 prospect, and it’s apparent how highly the Mets value him. He is thought to be all but untouchable in trade talks this winter, and Stearns has previously suggested he’ll have an opportunity to make the big league roster out of spring training. Yet, Benge is only 22 and completely unproven at the MLB level. It’s hard to think that a team with World Series aspirations would let him get in the way of its signing a proven star like Tucker – especially since the Mets have already been connected to Bellinger. To that point, the Mets are thought to prefer to add a right-handed bat to their lineup, but their interest in the lefty-batting Bellinger suggests handedness won’t be a dealbreaker. Benge, for what it’s worth, also bats from the left-hand side. Besides, Tucker’s career numbers against southpaw pitching (133 wRC+, .842 OPS) are almost as impressive as his numbers with the platoon advantage (141 wRC+, .877 OPS). There’s no good reason why his left-handedness should get in the way of a deal.

Back in November, MLBTR’s Steve Adams listed the Mets as a “likely suitor” for Tucker’s services. Two weeks ago, nearly 20,000 MLBTR readers voted on where they thought Tucker would sign, and the Mets received the third-most support (15.23%), just ahead of the Yankees (10.09%) and trailing only the Blue Jays (40.22%) and Dodgers (15.55%). So, it didn’t come as any surprise on Thursday afternoon when Heyman confirmed that the Mets have indeed expressed at least some degree of interest. They join the Yankees, Blue Jays, and Orioles as teams with reported interest in the star outfielder, although Baltimore was linked to him before signing Alonso. Other teams that could be good fits include the Dodgers and Giants; Heyman notes that “all big-market teams” have checked in on Tucker, although the Yankees and Mets are the only ones he mentions by name.

Twins Acquire Eric Wagaman, DFA Ryan Fitzgerald

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The Twins have acquired first baseman Eric Wagaman from the Marlins in exchange for minor league pitcher Kade Bragg, as confirmed by both teams this afternoon. Wagaman was designated for assignment earlier this week. To make room for Wagaman on their 40-man roster, the Twins DFA’d infielder Ryan Fitzgerald.

Wagaman, 28, spent several years in the Yankees’ minor league system before he was taken by the Angels in the minor league portion of the 2023 Rule 5 draft. He debuted for L.A. the following September, but he didn’t hit well enough to stave off a DFA at the end of the season. After electing free agency, he signed with the Marlins, and in 2025, he played his first full campaign in the bigs. Over 140 games, he slashed .250/.296/.378 for a .674 OPS and an 85 wRC+. He hit nine home runs, stole four bases on five attempts, and grounded into 11 double plays. On defense, Wagaman mostly played first base, though he also appeared in a handful of games in the corner outfield spots and stepped in at third base on a few occasions. Considering his well-below-average offense at a position where teams typically look for well-above-average offense, it was hardly surprising to see Wagaman DFA’d when the Marlins needed to make room on the roster for trade acquisition Esteury Ruiz. Evidently, the Twins must see a little more to like in his bat.

Bragg, 24, signed with the Twins in 2023 after they selected him in the 17th round of the draft. He made his professional debut in 2024 but landed on the injured list in late April and missed the rest of the season. Healthy again in 2025, the left-hander impressed in his first full season, rising from Single-A to High-A to Double-A. All told, he pitched to a 2.94 ERA and 3.73 FIP in 67 1/3 innings of relief, striking out 82 and giving up just six home runs. Walks were an issue, and clearly, the Twins don’t value Bragg all that highly. Neither do the prospect evaluators at sources like Baseball America, MLB Pipeline, or FanGraphs; he wasn’t ranked on any of their most recent Twins prospect lists. Still, based on his successful performance in his first full season, the Marlins’ development team has an interesting new project to work on.

Fitzgerald, 31, finally earned his call to the show in 2025. He started his career in independent ball, where he impressed the Red Sox enough to earn a minor league contract in 2018. Five years later, the Royals selected him in the minor league phase of the 2023 Rule 5 draft – the same draft that saw Wagaman join the Angels. However, Fitzgerald wasn’t able to make the majors with his new team, and he elected free agency after the 2024 campaign. He then latched on with Minnesota on a minor league contract, and finally, a month before his 31st birthday, he made his MLB debut. While his first stint with the Twins lasted less than a week, he earned another call-up in August following the team’s trade deadline sell-off and stuck around for the rest of the season. Altogether, he hit for an .837 OPS and a 119 wRC+ in 59 games at Triple-A and a .758 OPS and 110 wRC+ in 24 games in the majors. Unfortunately for Fitzgerald, his plus hitting and defensive versatility (he played all four infield positions) weren’t enough to keep him in Minnesota’s plans for 2026. At some point over the next five days, the Twins will either trade him or place him on waivers. If he were to clear waivers, the Twins could send him outright to the minor leagues and keep him in their organization.

Looking At The Yankees’ Internal Bullpen Options

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The Yankees’ bullpen has seen a lot of turnover this offseason. Devin Williams and Luke Weaver departed in free agency, both later signing with the Mets. The club non-tendered Jake Cousins, Scott Effross, Mark Leiter Jr., and Ian Hamilton. Jonathan Loaisiga saw his club option declined, while Allan Winans was released to pursue an opportunity in Japan.

The club did pick up their option on lefty Tim Hill and re-sign Ryan Yarbrough and Paul Blackburn as depth pieces. Still, the bullpen looks thinner than last year behind Fernando Cruz, Camilo Doval, and closer David Bednar. What options do the Yankees have in the system at present? Let’s take a look at the possibilities.

Jake Bird

Along with Bednar and Doval, Bird was one of three key bullpen acquisitions that the Yankees made at the 2025 trade deadline. Unfortunately, he was the least productive of the three. Bird made three appearances in early August, allowing six earned runs on four hits, two home runs, and two unintentional walks in just two innings. On August 5, New York optioned him to Triple-A, where he stayed for the remainder of the season.

Bird has pitched 232 1/3 big-league innings with a 4.76 ERA since debuting in 2022. He owns a career 21.1% strikeout rate and a 9.8% walk rate, although he upped his strikeout rate to an above-average 26.6% in 55 1/3 innings in 2025. In addition to the strikeouts, he has a 70th-percentile groundball rate that could play up with strong infield defense from Ryan McMahon, Jazz Chisholm Jr., and Anthony Volpe (if he regains his Gold Glove-caliber defense following shoulder surgery). Bird also has a plus sweeper and curveball according to Statcast, though he’ll need to improve his sinker (-6 run value) if he plans to compete for middle- and high-leverage innings.

Brent Headrick

The Yankees claimed Headrick off waivers from the Twins in February 2025. He was shuffled between Triple-A and the majors, pitching 23 big-league innings in 17 appearances before ending the year on the injured list with a left forearm contusion. The results were serviceable. Headrick posted a 3.13 ERA with similar peripherals and struck out 32.6% of hitters against a 7.6% walk rate. That said, despite being a left-handed pitcher, he showed pretty drastic reverse platoon splits in 2025, allowing a .922 OPS with four home runs to lefty batters compared to a .484 OPS against righties.

Headrick is primarily a fastball-slider pitcher. His fastball has slightly-below-average velocity, and he allowed a 50.0% hard-hit rate against the pitch in 2025. His slider could be a useful pitch, as he struck out 44.4% of hitters on the pitch in a limited sample this year. At present, with Yarbrough figuring to start the year in the rotation, Headrick is the only lefty in the bullpen aside from Hill. That said, he may be best utilized as a depth arm given his hard-hit rates and struggles against same-handed pitching.

Cade Winquest

The Yankees selected Winquest from the Cardinals’ system in the Rule 5 Draft last month. The 25-year-old righty was an eighth-round pick in 2022 and split the 2025 season between High-A and Double-A. In 106 innings across both levels, Winquest posted a 3.99 ERA with a 23.9% strikeout rate and an 8.5% walk rate. He lowered his ERA from 4.52 in 63 2/3 High-A innings to 3.19 in 42 1/3 innings at Double-A. He also displayed improved control by lowering his walk rate, although his groundball rate declined sharply from 55.6% to 36.7%. As with any Rule 5 pick, it would be a surprise to see Winquest last the entire year on the major-league roster. He would be best used in low-leverage spots.

Yerry De los Santos

De los Santos was shuffled between Triple-A and the majors for most of the year, making 25 big-league appearances with a 3.28 ERA in 35 2/3 innings. On the plus side, he got groundballs at a well-above-average rate of 55.4% and allowed just 0.25 HR/9. He used his mid-90s sinker 54.6% of the time to great effect, with a run value of six according to Statcast. On the down side, his strikeout and walk rates were worse than average. His breaking pitches both had negative run values, making it easier for hitters to time up the sinker. De los Santos has one option year remaining, so he’ll continue to function as a depth piece.

Elmer Rodriguez / Chase Hampton

Rodriguez and Hampton were added to the 40-man roster in November for Rule 5 protection. They are the team’s No. 3 and No. 8 prospects according to MLB.com. Hampton missed the entire 2025 season due to Tommy John surgery and only pitched 18 2/3 innings in 2024. He looks like the longer shot to contribute in the big-league bullpen, though his plus fastball and slider combo may earn him looks later in the summer. Rodriguez has the higher upside of the two. He reached Triple-A in 2025 and pitched 150 innings in total across three levels, posting a 2.58 ERA with a 29.0% strikeout rate. Like Hampton, Rodriguez’s fastball and slider both grade as plus pitches. He will be in the mix but will need to work on his control if he is to stick in the majors.

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As things currently stand, the Yankees’ bullpen has a mix of youth and depth options. Of the six players mentioned here, Bird has the most big-league experience, though he’ll need to re-establish himself after a rough introduction to New York over the summer. Rodriguez also has potential given his minor-league track record and high strikeout rate. That said, the other four profile as depth arms or have injury (Hampton) or durability concerns (Winquest). That leaves Bednar and Cruz as the high-leverage options, with Doval having a closer pedigree but coming off his own uneven debut in New York. Overall, the bullpen looks top-heavy and needs at least one or two reinforcements.

In the years since the Aroldis Chapman and Zack Britton deals, the team has been reluctant to sign high-leverage relievers to long-term contracts. They could opt to raise the bullpen’s floor by adding affordable middle relievers with big-league experience, as well as another proven lefty to complement Hill. Andrew Chafin fits the mold and is currently available in free agency. Although he missed time with injuries, he continued to dominate left-handed hitters in 2025, allowing just a .454 OPS against them. If the Yankees want to focus on high-leverage arms, they could look to the trade market instead, perhaps by re-engaging the Cardinals on JoJo Romero.

The Opener: Posting Windows, Astros, DFA Limbo

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Here are three things we’ll be keeping an eye on around the baseball world headed into the weekend:

1. Posting Windows closing for Okamoto, Takahashi:

The posting windows for infielder Kazuma Okamoto and right-hander Kona Takahashi are both set to reach their conclusion on Sunday at 4pm CT. That means both players will need to sign before then if they’re going to make the jump from NPB to MLB this year. Okamoto is the bigger name of the pair and is all but certain to sign a contract; he’s been connected to the Padres, Angels, Pirates, Cubs, Blue Jays, and Red Sox to this point in the offseason and could make sense for plenty of clubs as a corner infielder who has shown off an impressive blend of power and discipline throughout his NPB career. As for Takahashi, the righty reportedly has at least one MLB offer on the table but might still choose to return to NPB rather than play in the majors, which would be an understandable course of action if said MLB offer is for less than what he would make by remaining in Japan. Takahashi is viewed as more of a back-of-the-rotation arm in the majors, with less upside than countryman Tatsuya Imai.

2. Astros 40-man move incoming:

Speaking of Imai, the right-hander reportedly reached an agreement with the Astros yesterday on a three-year deal that guarantees $54MM and affords him the opportunity to opt out after the 2026 and ’27 seasons. That deal has yet to be made official, but is all but certain to go through later today given that Imai’s posting window closes at 4pm CT. Before the deal can be finalized, however, Houston will need to create room for Imai on the 40-man roster. This could be done by simply designated a player for assignment, and that’s the most likely course of action in order to do so. With that said, however, the Astros could theoretically also try to work out a minor trade that creates 40-man roster space, as the Dodgers did earlier this week when they traded outfielder Esteury Ruiz to the Marlins for a prospect not yet on the 40-man.

3. DFA limbo coming to a close:

The New Year has passed, and the baseball world figures to start kicking back into normal offseason form in the coming days. That means the waiver wire freeze that took place over the holidays should be coming to a close in the near future. As such, ten players who have been in DFA limbo will see their situations resolved in the coming days, whether that’s by way of an outright to the minors, the opportunity to elect free agency, or a waiver claim by another club. MLBTR’s Darragh McDonald took a look at all ten players in limbo last week, including former top prospect Marco Luciano and 2024 Guardians playoff hero Jhonkensy Noel. What’s next for this collection of players?

Will The Royals Trade A Starter?

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Early in the offseason, Royals president of baseball operations J.J. Picollo said the team was open to trading a starting pitcher for offense. That would have been focused on the outfield, which has been a problem for the club for years.

Kansas City has acquired a pair of outfielders in the month since Picollo’s comments. They signed Lane Thomas to a reclamation $5.5MM free agent deal, then swapped lefty reliever Angel Zerpa to Milwaukee for Isaac Collins and middle reliever Nick Mears. Those moves raised the floor relative to where the outfield stood at the end of the 2025 season, yet it remains one of the weaker on-paper groups in MLB.

Kyle Isbel is a low-end regular in center field. Collins had a strong season but was a 27-year-old rookie whose results outpaced mediocre batted ball metrics. The Royals probably don’t expect him to be more than an average regular in left field. Jac Caglianone has the highest ceiling of the group, but MLB pitchers exploited his aggressive plate approach in his first 62 games. Caglianone so thoroughly dominated the minor leagues that the Royals might feel he has little to learn by going back to Triple-A. Still, there are sure to be peaks and valleys even if he takes a step forward in his first full MLB season. Thomas battled injuries and was mostly unproductive after being traded from the Nationals to the Guardians at the ’24 deadline.

Depth options John Rave, Dairon Blanco, Drew Waters and Kameron Misner (acquired in a DFA trade with Tampa Bay) have shown very little at the big league level. That makes it unsurprising that the Royals continue to monitor the outfield market after the Collins/Thomas deals. Working with seemingly limited payroll space and a weak farm system, trading a starter could still be on the table — even if it seems less likely than it did a month ago.

Picollo has strongly downplayed the chance of moving Cole Ragans. He’s controllable for three seasons and has shown ace upside but is coming off a significant rotator cuff injury. They extended Michael Wacha last offseason and Seth Lugo before the trade deadline. It’s hard to see either veteran righty going anywhere.

Left-hander Kris Bubic is headed into his final season of arbitration control. He pitched at a top-of-the-rotation level but suffered a season-ending rotator cuff strain not long after the All-Star Break. Southpaw Noah Cameron had a sub-3.00 ERA over his first 24 career starts despite a below-average 20.5% strikeout rate. Controllable depth arms Ryan Bergert and Stephen Kolek have drawn interest but have minor league options and could be key injury insurance in Triple-A. They’re presumably open to moving Bailey Falter, but he’d have minimal trade value. Alec Marsh has gotten interest in the past but underwent labrum surgery in November and will likely miss the entire season.

Will anyone from that group be on the move before Opening Day?

 

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