Nationals To Sign Sergio Alcántara To Minor League Deal
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
Mariners Outright Jhonathan Díaz
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
Rockies Acquire Edouard Julien, Pierson Ohl
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
Rockies, Patrick Weigel Agree To Minor League Deal
The Rockies and right-hander Patrick Weigel have agreed to a minor league deal, reports Will Sammon of The Athletic. Sammon doesn’t specify if the GSI client will be receive an invite to big league camp in spring training.
Weigel, 31, made four big league appearances a few years ago. One of those came with Atlanta in 2020 and three with Milwaukee in 2021. Put together, he allowed four earned runs in 4 2/3 innings via six hits, seven walks and one hit-by-pitch while striking out nine opponents. The Brewers outrighted him off the roster in 2021. Since then, he has been bouncing around professional baseball by playing in the minor leagues, indy ball and the Mexican League.
He spent 2025 with the Nationals on a minor league deal, tossing 33 2/3 innings out of their Triple-A bullpen. He threw his slider 62.2% of the time, followed by his sinker at 27% and a changeup at just a 0.5% clip.
There’s no doubting that his 8.29 earned run average was poor but there were some more encouraging things under the hood. He struck out a strong 29.3% of batters faced. His 10.3% walk rate was a bit high but not by too much. His .346 batting average on balls in play allowed and 51.2% strand rate were both to the unfortunate side. His ten home runs allowed also played a role in putting more runs on the board, though that was an unusually high number for him, as was his 27% home run to flyball ratio.
The Rockies are one of the clubs most in need of arms. As a team, they had a 5.99 ERA last year, easily the worst in the majors. They have made a few additions this winter. They signed Michael Lorenzen in free agency. They acquired Brennan Bernardino in a trade with the Red Sox. They claimed Keegan Thompson off waivers from the Reds. They took RJ Petit from the Tigers in the Rule 5 draft.
They have also bolstered the non-roster depth by signing John Brebbia, Parker Mushinski, Ryan Miller and now Weigel to minor league deals. Those arms will be looking to earn jobs on the roster throughout the season. If Weigel makes it, he is out of options.
Photo courtesy of John David Mercer, Imagn Images
Nationals Outright Andry Lara
The Nationals announced that right-hander Andry Lara has cleared waivers and been sent outright to Triple-A Rochester. He had been designated for assignment a week ago when the club claimed utility player Mickey Gasper.
Lara, 23, was an international signing out of Venezuela in 2019. He had a bit of a breakout in 2024, tossing 134 2/3 innings over 25 starts between High-A and Double-A. He allowed 3.34 earned runs per nine with a 24.3% strikeout rate and 8.1% walk rate. The Nats gave him a 40-man spot in November of that year to keep him out of the Rule 5 draft.
His 2025 wasn’t as pleasant. He did get to make his major league debut but posted an 8.79 ERA in 14 1/3 innings. Down on the farm, he had a 7.55 ERA in 56 innings split between High-A, Double-A and Triple-A.
That performance bumped him off Washington’s roster and none of the other 29 clubs were willing to give him a spot either. Since this is his first career outright and he has less than three years of service time, he does not have the right to elect free agency. He will stick with the Nats and try to pitch his way back onto the roster.
The club is rebuilding and had a collective 5.35 ERA in 2025. This winter, they have thinned out the staff by trading away MacKenzie Gore and Jose A. Ferrer. They have also made a few additions by signing Foster Griffin, claiming Gus Varland and selecting Griff McGarry in the Rule 5 draft. On the whole, the staff is lacking in experience and very few guys have spots locked down, so there are paths for Lara or other pitchers to take advantage of the situation.
Photo courtesy of Troy Taormina, Imagn Images
Yankees Claim Dom Hamel; Designate Marco Luciano, Jayvien Sandridge For Assignment
The Yankees announced that they have claimed right-hander Dom Hamel off waivers from the Rangers. They also designated left-hander Jayvien Sandridge and outfielder Marco Luciano for assignment. The two DFAs open roster spots for Hamel and for Cody Bellinger, whose five-year deal was made official yesterday. Texas designated Hamel for assignment a week ago when they signed Jakob Junis.
Hamel, 27 in March, just made his major league debut not too long ago. He tossed a scoreless inning for the Mets on September 17th, which is still his only big league appearance. Shortly thereafter, the Mets put him on waivers, with the Orioles and Rangers claiming him in quick succession. Texas held him for a few months but put him back on the wire this week.
The righty came up through the Mets’ system as a starting pitcher but a lack of control pushed him to the bullpen in 2025. He logged 67 2/3 innings over 31 Triple-A appearances last year. 11 of those were officially starts but they were mostly in opener style. His 5.32 earned run average wasn’t great but he did strike out 25.2% of batters faced and showed improved control with a 7.4% walk rate. His four-seamer and sinker both averaged in the low 90s while he also mixed in a cutter, slider and changeup.
Hamel still has a couple of options, so the Yankees could keep him as depth in the minors. They could also try putting him back on waivers in the future. He doesn’t have a previous career outright and has less than three years of service time, which means he would not have the right to reject an outright assignment in favor of free agency.
Speaking of players getting put back on waivers, that’s been the story of Luciano’s offseason. Once a top prospect, his stock has dropped as he has exhausted his option years. That has pushed him to a fringe roster position and it seems that there are several clubs hoping to be the one to pass him through waivers, at which point he could be kept in the minors as non-roster depth. He finished the 2025 season with the Giants but has subsequently gone to the Pirates, Orioles and Yankees via the waiver wire.
He has a rough career batting line of .217/.286/.304 in his big league career while striking out in 35.7% of his plate appearances. His Triple-A line of .227/.351/.401 is better but came in the hitter-friendly Pacific Coast League and still saw him strike out 29.6% of the time. He was moved from the middle infield to left field last year, which only put more pressure on him to produce offensively.
The numbers have not been great but Luciano is only 24 years old and was a top 100 prospect not too long ago. His service time is still under a year, meaning he can theoretically be retained for six full seasons by some club. It’s understandable that teams would hope to have that player on hand in case he does finally break out. Now that he’s in DFA limbo once more, he will be on the move again or outrighted in the next week.
Sandridge, 27 next month, got a major league roster spot for the first time with the Yankees last year. He made just one appearance, which came against the Mets on July 5th. He was given a rude awakening, as he walked Juan Soto and then allowed a home run to Pete Alonso. He settled down somewhat by striking out Brandon Nimmo and Mark Vientos, but then walked Luis Torrens and hit Jeff McNeil with a pitch before being removed.
That one appearance has some commonalities with his minor league track record, which has featured lots of strikeouts but a lack of control. He tossed 36 2/3 innings on the farm for the Yankees last year with a 4.66 ERA. He struck out 32.7% of batters faced but issued 19 walks, an 11.4% pace. He also hit three more batters and tossed six wild pitches. He averaged around 95 miles per hour with his four-seamer and sinker while also throwing a splitter and slider.
He will now be in DFA limbo for a week at most. The waiver process takes 48 hours, so the Yankees could take five days to field trade interest, but they could also put him on the wire sooner. Since he has a couple of options, he could have appeal if there’s a club that is both intrigued by the arsenal and looking for some extra relief depth.
Photo courtesy of Sam Navarro, Imagn Images
Angels Claim Osvaldo Bido
The Angels announced that they have claimed right-hander Osvaldo Bido off waivers from the Marlins. Miami had designated Bido for assignment last week when they acquired Bradley Blalock from the Rockies. The Halos have an open 40-man roster spot for this claim but their agreement with infielder Yoán Moncada is not yet official. By filling up their last 40-man spot today, they will now have to make a corresponding move whenever Moncada’s deal does become official.
Bido, 30, seems to fall into an unfortunate fringe roster position where several teams like him but not enough to hold a roster position for very long. He has worked as an up-and-down swingman in recent years with some encouraging results at times. However, he is now out of options. He ended 2025 with the Athletics but has since gone to Atlanta, Tampa, Miami and now Anaheim via waiver claims.
It seems likely that several different teams would like to pass him through waivers unclaimed, which would allow them to have him in the minors as non-roster depth. He has never been outrighted in his career and has less than three years of service time, so he wouldn’t have the right to elect free agency if he were eventually outrighted.
Bido’s best showing in the major leagues thus far came in 2024. He gave the A’s 63 1/3 innings over nine starts and seven relief appearances, allowing 3.41 earned runs per nine. He struck out 24.3% of batters faced and gave out walks at a 10% clip. His fly ball rate was on the high side but that worked well while the A’s were still playing in Oakland and the pitcher-friendly confines of the Coliseum.
The club moved to a minor league park in 2025, which seemed to significantly hurt Bido’s results. He had only allowed three home runs in 2024 but then allowed 19 in 2025, in a slightly larger sample size of 79 2/3 innings. His strikeout rate also dropped a bit to 18.7%. The result was a 5.87 ERA, which presumably helped launch him into the DFA carousel this winter.
Perhaps he will find himself on waivers yet again but he has a spot with the Angels for now. The Halos have a decent amount of question marks in their rotation. Yusei Kikuchi and José Soriano should be in two spots but there’s not much certainty beyond those two. Reid Detmers is going to get another chance but was in relief last year. Grayson Rodriguez and Alek Manoah will be looking to bounce back from injury absences. Caden Dana, Sam Aldegheri, Jack Kochanowicz and various others are on the roster but could be kept in the minors as depth.
The bullpen is also fairly open. Four spots are likely taken by Robert Stephenson, Drew Pomeranz, Jordan Romano and Kirby Yates. That still leaves four spots for other arms. Chase Silseth is out of options and could have one. Guys like Ryan Zeferjahn, José Fermín, Sam Bachman and Cody Laweryson will be in the mix but have options.
If Bido hangs onto his roster spot with the Angels, there should be opportunities, especially since he has experience both starting and relieving. If he still has a roster spot at season’s end, he can be retained for future seasons via arbitration.
Photo courtesy of Darren Yamashita, Imagn Images
Cubs To Sign Gabe Klobosits To Minor League Deal
The Cubs and right-hander Gabe Klobosits have agreed to a minor league deal, reports Ari Alexander of 7News Boston. It wasn’t specified whether or not the righty would receive an invite to big league camp in spring training.
Klobosits, 31 in May, has a limited major league track record. He pitched in 11 games for the Nationals in 2021. In 11 1/3 innings, he allowed seven earned runs, surrendered 13 hits, issued five walks and hit one batter while striking out five.
He had pretty good numbers in the minors that year, tossing 38 1/3 innings between Double-A and Triple-A, allowing just 1.64 earned runs per nine. He struck out 28.9% of batters faced while walking opponents at an 8.8% clip.
The years since then have been more challenging. Around Opening Day 2022, he was designated for assignment by the Nats. The A’s claimed him but they also designated him for assignment in June and released him shortly thereafter. A player being released after a DFA is often a sign of injury, since injured players aren’t allowed to be placed on outright waivers. Klobosits’ transaction tracker doesn’t say he was placed on the minor league IL at that time but he hadn’t pitched for about three weeks prior to the DFA.
He was with the Blue Jays in the second half of 2023 on a minor league deal and posted a 4.74 ERA over 19 innings. The past two years, he’s been putting up good numbers in indy ball. In 2024, he posted a 2.18 ERA in 45 1/3 innings for the Gastonia Ghost Peppers of the Atlantic League. He struck out 24.6% of batters faced but with a 14.4% walk rate.
Last year, he split his time between the Cleburne Railroaders in the American Association and the High Point Rockers of the Atlantic League. Between those two clubs, he tossed 34 2/3 innings with a 2.08 ERA, 27.6% strikeout rate and 9.9% walk rate.
Alexander says that Klobosits has recently been hitting 98 miles per hour on the gun. That would be a bit above his last affiliated action. He averaged 94.7 miles per hour with the Nats in 2021 and then 93.9 mph with the Jays in Triple-A in 2023.
For the Cubs, there’s nothing wrong with giving him a non-roster pact and taking a close-up look at him. The team has had some good results with unheralded arms. A minor league deal with Brad Keller last year went so well that he got a $22MM deal this offseason, though he had a much better track record prior to becoming a Cub. If Klobosits can get a roster spot, he still has a minor league option remaining.
Photo courtesy of Michael McLoone, Imagn Images
Yankees Re-Sign Cody Bellinger
The Yankees and outfielder/first baseman Cody Bellinger have reunited on a new contract. The Boras Corporation client reportedly gets a five-year deal with a $162.5MM guarantee, with no deferrals. He gets a $20MM signing bonus followed by salaries of $32.5MM in each of the first two years, $25.8MM in each of the next two, then $25.9MM in the final season. Bellinger can opt out after the second or third season, though those opt-outs are pushed by a year if the 2027 season is canceled by a lockout. Bellinger also gets a full no-trade clause. The Yankees have not yet announced a corresponding 40-man roster move.
It always seemed like a good bet that Bellinger would return to the Yankees, since their first season together was a success. But there was a standoff recently, as the club and Bellinger’s camp had a bit of a gap. It was reported earlier this month that the Yankees had an offer out to Bellinger. No details on that offer were revealed but it was reported a few days later that they had made a second offer.
Subsequent reporting on the negotiations suggested the Yanks had put forth a five-year offer worth more than $150MM, but with Bellinger’s camp hoping to get the length pushed to seven years. That gap seemingly put things on ice for a moment, with alternative paths available to both parties. The Yankees showed interest in other players, including outfielder Luis Robert Jr., while Bellinger still had potential fits with teams like the Dodgers and Mets.
But the market has changed quite a bit in the past week. The Dodgers and Mets got into a bidding war over Kyle Tucker, with the Dodgers coming out on top. The Mets then pivoted to signing Bo Bichette to bolster their infield, followed by trading infielder Luisangel Acuña to the White Sox as part of their package to land Robert.
Those moves took away some alternate paths from the Yankees but also removed a couple of logical landing spots for Bellinger. He had also been connected to the Blue Jays, Giants and Phillies throughout the winter but none of those clubs seemed to be strongly in the mix. The Yanks seemingly didn’t budge far from where their reported offer was a few weeks ago, though they did add the opt-outs. It was reported a few days ago that they were willing to include those.
Though Bellinger and Boras didn’t quite get the seven years they were looking for, the deal comes in fairly close to expectations from the beginning of the offseason. For instance, MLBTR predicted Bellinger to land a guarantee of $140MM over five years. Bellinger has secured himself a floor just above that. There’s also a path to boosting his future earnings again with more opt-out opportunities down the line.
He is now 30, turning 31 in July, so he will be 32 years old by the end of the 2027 season. Alex Bregman and Kyle Schwarber both just got five-year deals this offseason, with Schwarber going into his age-33 season and Bregman age-32. Schwarber got a $150MM guarantee and Bregman $175MM, though Bregman’s deals had deferrals which pushed the net present value pretty close to Schwarber’s guarantee.
For Bellinger, he can bank $85MM over the next two years, when factoring in the signing bonus and the front-loaded salaries. When his first opt-out decision comes around, he would still have three years and $77.5MM left on this deal. If he continues to be a productive player between now and then, he should be in a good position to opt out. The lockout-specific provision of the opt-outs appears to be a way for the Yankees to get at least two years of Bellinger’s services.
While Bellinger has maintained some future earning potential, he has also secured himself a strong base after a few years of uncertainty. When he first hit the open market, he had shown both huge upside and a massive downside. In 2019, then with the Dodgers, Bellinger was the National League MVP. He hit 47 home runs that year. Offense was up all around the league thanks to some juiced balls but Bellinger also drew walks at a 14.4% clip and only struck out 16.4% of the time. His .305/.406/.629 line led to a 161 wRC+, even in the heightened offensive environment of that season. He stole 15 bases and got strong reviews for his defense. FanGraphs credited him with 7.8 wins above replacement.
But his production backed up a bit in 2020 and he infamously injured his shoulder in the NLCS during a post-homer celebration with teammate Enrique Hernández, as seen in this video from MLB.com.
Bellinger underwent surgery after the season and his performance was awful for two years after. He slashed .193/.256/.355 over 2021 and 2022, getting non-tendered by the Dodgers after the latter campaign. He latched on with the Cubs for 2023, signing a one-year deal worth $17.5MM. He had a strong bounceback season in Wrigley, hitting 26 home runs and slashing .307/.356/.525 for a 135 wRC+.
Going into 2024, Bellinger and his reps at the Boras Corporation were hoping to cash in. He had seemingly put the low points behind him. He was still young, going into his age-28 season, and had shown MVP upside. The previous offseason, Trea Turner and Xander Bogaerts had both secured 11-year deals. This was seemingly a way to lower the competitive balance tax hit of those deals, as a player’s CBT hit is calculated based on a deal’s average annual value.
MLBTR expected this trend to continue with Bellinger, predicting him for a 12-year deal worth $264MM. That seemed to be at least somewhat aligned with what Bellinger and Boras felt he could get, as they reportedly went out looking to top $200MM.
It did not play out that way. Though Bellinger’s 2023 season was a success, there was seemingly some concern about some lackluster batted-ball data. And with the injury-marred seasons still somewhat fresh in the collective memory, his market never quite developed as hoped.
It wasn’t just Bellinger, as several other players lingered unsigned that season. They came to be known as the “Boras Four”, as they were all repped by the same agency. Bellinger, Blake Snell, Matt Chapman and Jordan Montgomery all settled for short-term deals well below expectations. Bellinger returned to the Cubs on a three-year deal with an $80MM guarantee, with chances to opt out after each season.
The first season of that pact wasn’t a roaring success, as Bellinger was good but not great. He hit 18 home runs and slashed .266/.325/.426 for a wRC+ of 108. Bellinger decided to forgo the first opt-out opportunity and stick with the Cubs. The team didn’t hold up their end of the reunion, however, as they shipped Bellinger to the Yankees. It was effectively a salary dump. The Cubs got Cody Poteet in return, whom they designated for assignment a few months later.
The Cubs ate $5MM in the swap, leaving the Yanks theoretically on the hook for $47.5MM over two years, though with Bellinger still having another opt-out remaining. As mentioned earlier, the Yankees and Bellinger turned out to be a great match. He hit 29 home runs on the year and slashed .272/.334/.480 for a 125 wRC+. Yankee Stadium and its short porch in right field seemed to be a good fit for him, as he slashed .302/.365/.544 at home on the year. He stole 13 bases overall and continued to get good grades for his glovework, earning 4.9 fWAR.
Bellinger triggered his opt-out and took another crack at free agency, which led to this pact. As mentioned, it’s possible that Bellinger will return to the open market yet again in the future. For now, though it came about in circuitous fashion, he has pushed his earning floor above the $200MM he was looking for a few years ago.
His three-year deal with the Cubs paid him $27.5MM in each of the first two years. He collected a $5MM buyout when he opted out of the final season, meaning he banked $60MM on the pact. Combined with this deal with the Yankees, he’ll earn $222.5MM even if he doesn’t trigger either of the opt-outs in this deal.
For players taking the short-term route and hoping for more earnings later, this is another example of how the path is viable. It doesn’t always work out, as Montgomery will surely tell you, but the hit rate is pretty decent. Chapman, Snell, Bellinger, Bregman, Carlos Rodón, Pete Alonso and Carlos Correa have all signed two- or three-year deals with opt-outs and then later signed a longer deal worth nine figures.
For the Yankees, this gets their outfield back to its 2025 level. Both Bellinger and Trent Grisham became free agents at the end of last season but both have now re-signed. They project to line up in two outfield spots with Aaron Judge in another and Giancarlo Stanton in the designated hitter slot. Bellinger can also play a bit of first base but the Yanks could give Ben Rice the regular job there after his breakout season. Rice can also catch, so perhaps Bellinger would slide to first base if Rice is needed behind the plate.
It’s possible the Yankees now look to move some outfield depth in the wake of this deal. Jasson Domínguez was once a top prospect but had an underwhelming season in 2025. He was roughly league average at the plate but with poor defensive metrics. The Yankees also have Spencer Jones pushing for a job after he hit 35 home runs in the minors last year but he also struck out in 35.4% of his plate appearances.
Neither Domínguez nor Jones has a great path to playing time right now. That could change as the season goes along. Stanton is 36 years old and has made at least one trip to the injured list in seven straight seasons now. Judge will turn 34 soon. Even if he himself stays healthy, the Yanks may want to put Judge in the DH slot if Stanton is hurt.
Perhaps the Yankees will keep both Domínguez and Jones around as depth for such situations, as both players are still optionable, but either or both could also be trade fodder. Club owner Hal Steinbrenner has previously expressed a desire to keep the payroll beneath $300MM. The Yanks are now a bit over that. RosterResource has them at $304MM in terms of pure payroll, with a $318MM CBT number.
That CBT number is over the top tier, which is $304MM. Since the Yankees have paid the tax in at least three consecutive years, that puts them in the highest possible tax bracket. They were at about $285MM or so before the Bellinger deal, so they paid a 95% tax on the part of the deal pushing them to the top line and then a 110% tax on the part that went beyond it. In the end, they’re adding more than $30MM in taxes to their ledger, on top of what they are paying Bellinger. They still arguably need some pitching help, so perhaps they would trade from their outfield depth instead of adding more money via free agency.
For the other clubs in the league, this further narrows down the list of available options. As of the start of the year, there were still many players available in free agency or in trade, but the dominos have been falling in quick succession lately. The Cubs got a deal done with Bregman, which prompted the Red Sox to sign Ranger Suárez and the Diamondbacks to get Nolan Arenado. The Tucker deal pushed the Mets to Bichette and Robert, which may have helped the Phillies reunite with J.T. Realmuto and pushed Bellinger to get back together with the Yankees. The Realmuto deal seemingly led to Victor Caratini signing with the Twins. All that happened in the past 11 days.
Pitchers and catchers will be reporting to spring training in less than three weeks. With Bellinger now off the board, the top unsigned free agents include Framber Valdez, Zac Gallen, Eugenio Suárez, Harrison Bader, Chris Bassitt and others. There are still a few theoretical trade candidates out there, including Brendan Donovan and MacKenzie Gore.
Jeff Passan of ESPN first reported that the Yanks and Bellinger were in agreement on a deal. Bob Nightengale of USA Today first reported the five-year length and guarantee. Brendan Kuty of The Athletic first reported the lack of deferrals. Passan then reported the opt-outs, signing bonus and no-trade clause. Nightengale then reported the salary for the first two seasons. Jon Heyman of The New York Post reported the full salary breakdown. Nightengale added the detail of the opt-outs being pushed in the event of the 2027 season being canceled. Photos courtesy of Wendell Cruz, Vincent Carchietta, Imagn Images
Twins, Joe Ryan Avoid Arbitration
The Twins and right-hander Joe Ryan have reached agreement on a new contract, therefore avoiding arbitration, according to Jon Heyman of The New York Post. He’ll be guaranteed $6.2MM on the deal, in the form of a $6.1MM salary and then a $100K buyout on a $13MM mutual option for 2027.
Ryan was one of 18 players to not have an agreement in place when the filing deadline passed earlier this month. He is going into his second of three arbitration seasons, having made $3MM last year. MLBTR contributor Matt Swartz projected him for a raise to $5.8MM this year. The Twins filed just above that at $5.85MM, with Ryan himself at $6.35MM, a gap of $500K.
Most teams these days adopt a “file and trial” approach, which means they cut off negotiations of one-year deals after the filing deadline. This is to give them leverage in pre-deadline talks and also to prevent players from filing absurdly high numbers in an attempt to set out an aggressive bargaining stance. An arbiter can only pick the player’s or the team’s number, not a midpoint.
Even if a team does have a “file and trial” policy, exceptions are made for deals that are longer than one year, even if that extra year is an option. That gives the club a path to avoid a potentially contentious hearing while vaguely sticking to their policy. A deal with an option can’t be used as a comparison point in future arb hearings as well, which is a factor.
Arbitration hearings are generally viewed as a normal part of the business but occasional situations have occurred where the relationship between a player and a team have been damaged. Corbin Burnes said as much after his hearing with the Brewers three years ago. Ryan and the Twins have steered clear of that possibility by settling on a number in between their respective filing figures.
The mutual option is mostly just an accounting measure to move part of the payment to the end of the season via that buyout. Mutual options are almost never picked up by both parties. Even if the option is turned down, Ryan would still be under club control for 2027.
Ryan was in a number of trade rumors last summer as the Twins were undergoing a fire sale of sorts. They sold off most of their bullpen and Carlos Correa but held some other players, including Ryan. It was initially expected that they would look to move him this winter but have since pivoted to an attempt to return to contention in 2026.
Given his relatively modest salary and extra year of club control, he would still have a lot of trade value at the deadline if he is healthy and the Twins fall back in the standings, though the club is hoping to avoid that scenario and would prefer Ryan to be pitching meaningful games for the team in September and October.
Minnesota’s arbitration class is now settled. As for the rest of the league, there will now be no more than 15 hearings this year. As mentioned, 18 players didn’t have a deal as of the deadline. Since then, Cade Cavalli, Bryce Miller and now Ryan have reached new deals to avoid hearings.
Photo courtesy of Bruce Kluckhohn, Imagn Images