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MLBTR Podcast: Some “Classic Baseball Trades,” Nimmo For Semien, And Ward For Rodriguez

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The latest episode of the MLB Trade Rumors Podcast is now live on Spotify, Apple Podcasts, and wherever you get your podcasts! Make sure you subscribe as well! You can also use the player at this link to listen, if you don’t use Spotify or Apple for podcasts.

This week, host Darragh McDonald is joined by Anthony Franco of MLB Trade Rumors to discuss…

Check out our past episodes!

  • Offseason Preview Megapod: Top 50 Free Agents – listen here
  • Surprising Option Decisions, Qualifying Offers, And Paul DePodesta – listen here
  • Offseason Preview Megapod: Top Trade Candidates – listen here

The podcast intro and outro song “So Long” is provided courtesy of the band Showoff.  Check out their Facebook page here!

Photo courtesy of Jerome Miron, Imagn Images

Braves Re-Sign Joel Payamps

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The Braves announced that they have signed right-hander Joel Payamps to a one-year, $2.25MM deal.  Payamps is represented by agents Larry Reynolds and Rosie Lopez-Herrera.

After Payamps was designated for assignment by the Brewers in September, Atlanta stepped in to claim the righty on waivers, and Payamps logged two appearances and 2 2/3 innings with his new team before season’s end.  The Braves then outrighted Payamps off their 40-man roster and (since he has been previously outrighted in his career) he elected free agency rather than accept the assignment.

The move was essentially an early non-tender on the Braves’ part, as Payamps was projected to earn $3.4MM in his second trip through the arbitration process.  This new contract brings Payamps back into the fold on a lower price tag, and a number that the Braves were surely more comfortable paying in the wake of a disappointing 2025 season for the veteran reliever.

Payamps posted okay but unremarkable numbers over his first four big league seasons before taking things up a notch as a member of Milwaukee’s bullpen in 2023-24.  The reliever posted a 2.78 ERA, 26.1% strikeout rate, and 6.7% walk rate over 129 2/3 innings, emerging as a trusted setup man in front of closer Devin Williams.

In 2025, however, Payamps’ effectiveness suddenly went south, with a 6.84 ERA, 20.5 K%, and a 7.7 BB% over 26 1/3 combined innings with the Brewers and Braves.  While his 4.16 SIERA was nothing special, it at least reflected some of the misfortune (such as a .346 BABIP and a 60.4% strand rate) that went into Payamps’ performance.

The Braves are investing $2.25MM in the idea that Payamps can regain his old form with a change of scenery.  Payamps is out of minor league options and thus can’t be sent to Triple-A without first being designated for assignment, though his guaranteed contract provides leverage for the team.  Because Payamps has less than five full years of MLB service time, he would have to forfeit any remaining guaranteed salary if he refused another outright assignment in favor of free agency.  The added salary might also act as a bit of a deterrent for other teams who might otherwise be interested in claiming Payamps off waivers following a DFA.

Payamps was one of several arb-eligible players (along with the likes of Alek Manoah, Vidal Brujan, and Jake Fraley) picked up later in the season by the Braves, as the club was basically getting an early start on its offseason by auditioning some intriguing depth candidates.  Manoah was non-tendered and Fraley was waived, but Brujan agreed to an arbitration-avoiding contract and now Payamps is back in the mix.

If the 2023-24 version of Payamps resurfaces, Atlanta has added a solid bullpen arm at a budget price.  The Braves also re-signed Raisel Iglesias to return as closer, and more relief additions seem likely given the continued uncertainty over Joe Jimenez’s health status.  It is possible Iglesias could be the priciest of the Braves’ bullpen adds, as the team might prefer to save its larger dollars for the other needs and aim for less-expensive hidden gems on the relief front.

Braves Sign Brewer Hicklen To Minor League Deal

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The Braves have signed outfielder Brewer Hicklen to a minor league contract, according to Aram Leighton of Just Baseball Media.  The deal presumably contains an invitation to Atlanta’s big league Spring Training camp.

Hicklen is entering his age-30 season, and he has appeared in 10 career Major League games spread out over three of the last four MLB seasons.  His most recent cup of coffee in the Show consisted of a single game with the Tigers in 2025, after Detroit acquired the outfielder from (appropriately enough) the Brewers right at the very start of the season.

The Tigers designated Hicklen for assignment and subsequently traded him to the Phillies in late July, and Philadelphia didn’t promote Hicklen up to their active roster before season’s end.  After electing minor league free agency, Hicklen has now landed in Atlanta.

Newly-acquired utilityman Mauricio Dubon will get some time in the Braves’ outfield, and Michael Siani and Eli White are the top backup outfield options slated for bench duty.  Further down the depth chart, however, the Braves don’t have any outfielders in their farm system with any big league experience, so even Hicklen’s modest 10-game resume could give him a leg up over the competition  He has a solid .240/.346/.464 slash line over 1731 plate appearances at the Triple-A level, though he batted only .221/.318/.403 in 393 PA with the Tigers’ and Phillies’ top affiliates in 2025.

National League Non-Tenders: 11/21/25

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Every National League team has officially announced their non-tender decisions. It was a quiet evening in terms of subtractions, with only the Rangers parting with any marquee players. All players who were non-tendered are free agents without going on waivers. A few teams dropped pre-arbitration players from the back of the 40-man roster. It’s possible they preferred not to expose them to waivers and are hopeful of re-signing them to non-roster deals.

Here’s a full list of today’s activity in the NL, while the American League moves are available here. All projected salaries are courtesy of MLBTR contributor Matt Swartz.

  • The Braves announced that right-handers Alek Manoah and Carson Ragsdale were not tendered contracts. Both had been acquired earlier in the offseason via waivers, and both are now free agents. Manoah was projected to earn $2.2MM. Ragsdale was not arb-eligible.
  • The Brewers tendered contracts to their entire arbitration class, per Adam McCalvy of MLB.com.
  • The Cardinals chose not to tender contracts to lefty John King, catcher Yohel Pozo and righty Sem Robberse, Derrick Goold of the St. Louis Post-Dispatch reports. Jorge Alcala, who was designated for assignment earlier this week, was also non-tendered, John Denton of MLB.com adds. King and Alcala were both projected for a $2.1MM salary. The others were not arb-eligible.
  • The Cubs non-tendered catcher Reese McGuire, per ESPN’s Jesse Rogers. He hit .226/.245/.444 through 140 plate appearances in a backup catcher role and was arb-eligible for the final time. He’d been projected to earn $1.9MM. Right-hander Eli Morgan, who was projected to earn $1.1MM, was also non-tendered, according to MLB.com’s Jordan Bastian.
  • The D-backs non-tendered left-hander Tommy Henry, who’d already been designated for assignment, and right-hander Taylor Rashi. Neither was eligible for arbitration. They tendered contracts to their entire arb class.
  • The Dodgers did not tender a contract to closer Evan Phillips, reports Ken Rosenthal of The Athletic. He was only under club control for one more season and projected for a $6.1MM salary but underwent Tommy John surgery in June. Dodgers righty Nick Frasso, who was not arb-eligible and finished the season on the 60-day IL, was also non-tendered, per Fabian Ardaya of The Athletic.
  • The Giants non-tendered left-hander Joey Lucchesi, reports Jon Heyman of the New York Post. Lucchesi pitched to a solid 3.76 ERA with a below-average 18.8% strikeout rate and strong 7.3% walk rate in 38 1/3 innings and had been projected for a $2MM salary. San Francisco also non-tendered catcher Andrew Knizner, who was designated for assignment this afternoon when the Giants acquired Joey Wiemer from Miami.
  • The Marlins tendered contracts to all of their eligible players, per Isaac Azout of Fish On First.
  • The Mets are non-tendering right-hander Max Kranick, according to Will Sammon of The Athletic. Kranick, 28, posted a 3.65 ERA in 37 innings with the Mets this year. It was his first big league opportunity since a five-inning cameo with the Pirates back in 2022. Kranick’s season came to an abrupt end back in July due to flexor tendon repair surgery. Southpaws Jose Castillo and Danny Young were also non-tendered, Sammon adds. Young had Tommy John surgery back in May. Castillo was a waiver claim who pitched for four different teams in 2025.
  • The Nationals tendered contracts to their entire roster, per a team announcement.
  • The Padres announced that lefty Omar Cruz and righty Sean Reynolds were non-tendered. Neither was arbitration-eligible. They tendered contracts to every member of their arbitration class.
  • The Phillies non-tendered righties Michael Mercado and Daniel Robert, neither of whom was arbitration-eligible. They’re both free agents. The Phils tendered contracts to all of their arb-eligible players otherwise.
  • The Pirates non-tendered outfielders Alexander Canario and Ronny Simon, as well as righties Colin Holderman and Dauri Moreta. All four were designated for assignment earlier in the week. Holderman was projected for a $1.7MM salary and Moreta for $800K. The others weren’t arb-eligible.
  • The Reds announced that catcher Will Banfield and right-handers Carson Spiers and Roddery Munoz were not tendered contracts. They’re all free agents. None of the three were arbitration-eligible, but by non-tendering them rather than designating them for assignment, Cincinnati bypasses the need to place them on waivers and can try to quickly re-sign any of the bunch to minor league deals, if the Reds are so inclined.
  • The Rockies non-tendered first baseman Michael Toglia, the team announced. He’d been designated for assignment earlier in the week, making today’s non-tender all but a formality.

Players Avoiding Arbitration: 11/21/25

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The deadline for teams to tender contracts to arbitration-eligible players is this afternoon at 4pm CT. Throughout the day, we’ll surely see a handful of arb-eligible players agree to terms with their clubs to avoid a hearing.

These so-called “pre-tender deals” usually, although not always, involve players who were borderline non-tender candidates. Rather than run the risk of being cut loose, they can look to sign in the lead-up to the deadline. Those salaries often come in a little below projections, since these players tend to have less leverage because of the uncertainty about whether they’ll be offered a contract at all.

Under the 2022-26 collective bargaining agreement, players who sign to avoid an arbitration hearing are guaranteed full termination pay. That’s a change from prior CBAs, when teams could release an arb-eligible player before the season began and would only owe a prorated portion of the contract. This was done to incentivize teams and players to get deals done without going to a hearing.

All salary projections in this post come via MLBTR contributor Matt Swartz. This post will be updated throughout the day as deals are announced and/or reported. Salary figures are from The Associated Press unless otherwise noted.

Photo courtesy of William Liang, Imagn Images

Braves, Connor Thomas Agree To Minor League Deal

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The Braves recently signed left-hander Connor Thomas to a minor league contract, (h/t to Matt Eddy of Baseball America). It’s possible that’s a two-year deal, as the 27-year-old underwent UCL surgery in July and will miss most or all of the ’26 season.

It’s a homecoming for the Tifton, Georgia, native. Thomas played his college ball at Georgia Tech and was selected by the Cardinals in the fifth round in 2019. He spent the 2023-24 campaigns at Triple-A Memphis, posting impressive numbers following a move to the bullpen in the latter year. Thomas tossed 90 1/3 innings across 56 appearances, pitching to a 3.39 earned run average. He didn’t miss many bats but attacked the strike zone and got a lot of ground-balls and weak contact.

The Brewers grabbed Thomas in last winter’s Rule 5 draft. He pitched well enough in Spring Training to break camp and make his MLB debut. It didn’t go as planned, as he was bombed for eight runs on a trio of homers in two mop-up innings in a blowout loss to the Yankees. Thomas pitched against the Reds six days later, surrendering four more runs on six hits across 3 1/3 frames. He went on the injured list after the second appearance and went under the knife a few months later.

Milwaukee dropped Thomas from the roster at the beginning of the offseason. He’ll rehab with his hometown club and try to factor into a long relief role once he’s healthy down the line. Thomas sits in the 89-90 MPH range with his fastball and uses four pitches (sinker, cutter, changeup, sweeper) at similar rates.

Braves Notes: Dubon, Seager, Holmes

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Braves president of baseball operations Alex Anthopoulos met with reporters on Wednesday after the team acquired Mauricio Dubón from the Astros for Nick Allen. Anthopoulos confirmed the Braves view him as a potential starting shortstop while leaving the door open to pushing him back into a utility role if they land an upgrade.

“Our underlying data on him at shortstop is good and strong,” Anthopoulos said (link via Mark Bowman of MLB.com). “But I think he’s good at second, good at third, and good at the corners. He can play center field. We like the contact and the speed, as well.” Anthopoulos said Dubón’s job “will be determined by what else we do this winter and even in Spring Training.”

There’s no indication the Braves will be a factor for Bo Bichette. The only other clear free agent upgrade is Ha-Seong Kim, who declined his $16MM player option. Anthopoulos made clear at the beginning of the offseason that the Braves wanted Kim back, but it remains to be seen if they’ll meet his asking price on what will presumably be a multi-year deal.

There aren’t any teams that are known to be shopping an everyday shortstop. Washington could move CJ Abrams, but the asking price would be huge and they may be reluctant to trade him within the division. The rebuilding White Sox and Rockies have young shortstops they hope are foundational pieces (Colson Montgomery and Ezequiel Tovar, respectively).

There’s been some speculation about the Rangers entertaining offers on a highly-paid superstar as they face payroll constraints. It’d still be a huge surprise if Texas trades Corey Seager, who arguably remains the team’s best hitter and is signed for $31MM per season for another six years. It’s not clear if the Braves would have any interest in assuming a significant portion of the remaining $186MM on that deal. Ken Rosenthal and Will Sammon of The Athletic report that Atlanta is one of the clubs on Seager’s eight-team no-trade list. Even if the teams could line up a stunning blockbuster, they’d need to get the player to sign off.

The 31-year-old Dubón has started 81 MLB games at shortstop. He played a career-high 206 1/3 innings there this past season. Dubón has 721 career frames at the position. Defensive Runs Saved has him right around average, while Statcast grades him an excellent nine runs above par. Dubón, a two-time Gold Glove winner in a utility capacity, is established as a plus defender at second base and throughout the outfield. He’s an above-average runner with good hands and a plus arm. Dubón is unlikely to be as good a defensive shortstop as Allen was, but he’s not a complete zero at the bottom of the lineup, so he’s a better overall player.

The Braves need to weigh the value of the upgrade from Dubón to Kim against the cost it’d take to bring the latter back — which could pull resources from their need for a mid-rotation starter. There’s too much injury downside to rely on a rotation of Chris Sale, Spencer Strider, Spencer Schwellenbach, Reynaldo López and Hurston Waldrep.

The Braves don’t have much in the way of upper level depth behind that quintet. That makes Grant Holmes’ health a big x-factor, even assuming they add at least one starter. Holmes turned in a 3.99 ERA while striking out a quarter of batters faced in 22 appearances this year. His season ended in July when he was diagnosed with a partial tear of the UCL in his elbow.

Ligament damage always raises a risk of surgery. Holmes is trying to rehab without going under the knife. Anthopoulos said the Braves are “really encouraged” by how things have progressed in the past four months (relayed by David O’Brien of The Athletic). They still won’t know whether Holmes can avoid surgery until he builds up the intensity during Spring Training, yet that’s a positive development at this stage.

Braves, Astros Swap Mauricio Dubón For Nick Allen

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The Astros and Braves announced a one-for-one swap of middle infielders. Utility player Mauricio Dubón is headed to Atlanta with defensive specialist Nick Allen on his way to Houston.

Atlanta takes on a few million dollars to upgrade their infield. Dubón, 31, spent nearly four seasons in Houston. The Astros acquired him from the Giants in a minor trade early in 2022. It was a nice pickup, as he developed into a versatile and generally reliable piece off the bench. Dubón won two utility Gold Glove awards while playing all three infield positions to the left of first base and a decent amount of center and left field.

The righty-swinging Dubón was a league average hitter a couple seasons ago, batting .278/.309/.411 with 10 homers in nearly 500 trips to the dish. His offense has declined in each of the past two years. He’s coming off a .241/.289/.355 showing with seven longballs through 398 plate appearances and carries a .256/.293/.358 line over the past two seasons. He’s very difficult to strike out but rarely walks and has well below-average power.

Still, that light bat is a significant upgrade over what Allen brings to the table offensively. The 27-year-old Allen didn’t hit a single home run in 416 trips to the dish this year. He turned in a .211/.284/.251 line that made him easily the worst hitter to take 400+ plate appearances. Allen ranked in the bottom 20 hitters in on-base percentage, while his slugging mark was more than .040 points lower than the second-lowest in MLB (.296 by Victor Scott II). He owns a .213/.265/.272 slash in nearly 1200 plate appearances over parts of four seasons.

Allen has continued to get playing time because of his superlative glove. He has been touted as an excellent infielder dating back to his high school days. Allen has posted fantastic defensive marks in every season of his career. Defensive Runs Saved graded him as the third-best shortstop in MLB this year behind Mookie Betts and Zach Neto. Statcast’s Outs Above Average also had him third, albeit behind Bobby Witt Jr. and Masyn Winn.

Dubón is unlikely to be that caliber of defender if he were pressed into everyday shortstop work. Statcast has graded him as a plus defender in his 721 career innings at the position though. Defensive Runs Saved has him right around league average. Dubón should be capable of playing there every day, and he’s not a complete zero offensively. That’s particularly true in favorable platoon matchups, as he’s a .288/.329/.417 hitter versus left-handed pitching over the past three years.

The Braves couldn’t afford to enter next season with Allen atop the shortstop depth chart. Dubón would be a low-end regular but provides a higher floor. This shouldn’t detract from Atlanta’s interest in re-signing Ha-Seong Kim. Dubón has the versatility to provide cover behind Ozzie Albies and Austin Riley at second and third base while complementing lefty-hitting Michael Harris II in center field. Still, he’s at least a reasonable one-year fallback if Kim signs elsewhere in a market devoid of shortstop alternatives in free agency or trade.

Dubón is entering his final season of arbitration eligibility. He’s projected by MLBTR contributor Matt Swartz for a $5.8MM salary. Allen is eligible for arbitration for the first time as a Super Two player and under control for four years. He’s projected at $1.5MM. Houston cuts a little more than $4MM from the books while downgrading in the utility role.

Allen isn’t going to play shortstop barring an injury to Jeremy Peña, but he can offer a glove-only option at second base. Jose Altuve is the primary starter there for now, but the Astros hope to continue splitting his playing time between the keystone, left field, and designated hitter. They’ve been tied to Brendan Donovan in trade conversations and could consider other possibilities (e.g. a Brandon Lowe trade, Jorge Polanco in free agency) if the Cardinals deal Donovan elsewhere. They’ll ideally add a left-handed bat to balance a righty-heavy lineup. Allen is out of minor league options, so he’ll need to be on the active roster or designated for assignment.

Brian McTaggart of MLB.com reported that Dubón had been traded to the Braves just before the announcements. Respective images courtesy of Jerome Miron and Brett Davis, Imagn Images.

Braves Re-Sign Raisel Iglesias

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The Braves announced they’ve re-signed free agent closer Raisel Iglesias to a one-year, $16MM deal. The PRIME client returns for what’ll be a fifth season in Atlanta on the same salary he made in 2025.

As is often the case with Braves moves, the signing comes out of the blue. President of baseball operations Alex Anthopoulos suggested at the GM Meetings the team was more focused on addressing shortstop and upgrading the starting rotation while keeping the bullpen on the back burner. That apparently changed with the opportunity to keep Iglesias, who remains a high-end reliever as he enters his age-36 season.

The 11-year veteran carries a 2.35 earned run average in 218 2/3 innings since the Braves acquired him from the Angels at the 2022 trade deadline. He’s fourth in MLB with 113 saves since the start of that season. Iglesias posted a sub-3.00 ERA each season between 2020-24 as one of the steadier closers in the league.

Things seemed as if they might come off the rails early in 2025. Iglesias gave up an early-season home run barrage, including five longballs in April alone. He surrendered seven round-trippers before the end of May and carried an ugly 5.91 ERA through the first two months. The switch flipped over the summer, as Iglesias was one of the league’s best late-game arms from the beginning of June onward. He reeled off 46 frames of 1.96 ERA ball while striking out 29.3% of opponents over the season’s final four months. Iglesias only gave up one home run in that time despite a massive 54.5% fly-ball rate.

The truth certainly lies somewhere between those two extremes. Iglesias wasn’t going to continue giving up homers on a quarter of fly-balls, as he did early in the year, nor will he maintain the sub-2% homer/fly rate he posted later in the season. That’ll be the main concern moving forward, but his strikeout and walk profile remains strong. Iglesias punched out 27.4% of opponents against a tidy 6% walk rate. He turned in a 3.21 ERA overall while going 29-34 in save chances — coming up just shy of the sixth 30-save showing of his career.

MLBTR ranked Iglesias as our #32 free agent and the #5 reliever in the class in predicting a two-year, $26MM contract. He did not command the second year for what would have been his age-37 campaign. The Braves were apparently one of at least two teams that offered a sizable one-year deal. Francys Romero reports that the Dodgers also made an offer around $16MM but Iglesias declined to remain in Atlanta. L.A. and the Blue Jays were the only other teams publicly linked to Iglesias in what turned out to be a brief stay on the open market.

Toronto and Los Angeles are two of a number of teams that remain in the market for a late-inning reliever. Edwin Díaz is almost certainly going to command the largest contract in the class despite rejecting a qualifying offer from the Mets. Devin Williams has gotten a lot of attention in the first few weeks of the offseason. Robert Suarez should command a multi-year deal at a hefty salary. Ryan Helsley, Kyle Finnegan, Emilio Pagán and Kenley Jansen are among the many other unsigned closers.

Iglesias returns at the back of an Atlanta bullpen that still needs a lot of work. They’re getting Joe Jiménez back after he missed the entire ’25 season recovering from knee surgery. Dylan Lee is a high-end option from the left side. Atlanta dropped right-handed setup arms Pierce Johnson and Tyler Kinley at the beginning of the winter, so another righty alongside Jiménez in the late innings is a must. They’ll balance that against the yet to be addressed starting pitching and shortstop holes.

The Braves now have 13 players on guaranteed contracts that’ll combine for $192.5MM next season. They’re operating with a very light arbitration class that features a number of non-tender candidates. That group is unlikely to add more than $4-8MM to the books. The Braves opened last season with a player payroll around $208MM. They’d likely need to go beyond that mark to address the rotation and shortstop, especially if they fill the latter position by re-signing Ha-Seong Kim. RosterResource projects them for roughly $208MM in luxury tax commitments, putting them well shy of the $244MM base threshold. The Braves are believed to have stayed below the CBT line this year but had paid the tax in 2023 and ’24.

Image courtesy of Dale Zanine, Imagn Images.

Joe Jiménez Recently Underwent “Cleanup” Knee Procedure

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Braves reliever Joe Jiménez underwent a “cleanup” surgery on his left knee, president of baseball operations Alex Anthopoulos told reporters (including David O’Brien of The Athletic). The right-hander missed the entire ’25 season after undergoing surgery to repair cartilage damage in that same knee last November.

While the framing of the surgery as a “cleanup” doesn’t sound especially alarming, the timeline isn’t clear. Anthopoulos said the team won’t know how long he’ll miss until late December at the earliest. That raises some question about his availability for the start of the season, which would be a tough blow for a bullpen that is already lacking right-handed setup options.

Atlanta acquired Jiménez from the Tigers going into the 2023 season. He turned in a 3.04 ERA and re-signed on a three-year, $26MM free agent deal. The first season was a success, as the 6’3″ hurler fired 68 2/3 frames of 2.62 ERA ball. Jiménez wasn’t able to build off that two-year run last season and evidently didn’t recover as smoothly as hoped from last fall’s procedure.

The Braves re-signed Raisel Iglesias to a $16MM deal this evening. He’ll be back in the ninth inning. Jiménez projects as their top right-handed setup man if healthy. Atlanta declined options on Tyler Kinley and Pierce Johnson to keep as much financial breathing room as possible with needs in the rotation and at shortstop. They brought in a potential stopgap at the latter position with tonight’s acquisition of Mauricio Dubón from Houston. They remain in the market for a better shortstop and still need at least one starter. Uncertainty with Jiménez only magnifies their need for a righty leverage piece in front of Daysbel Hernández.

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