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The Opener: Mets, Rangers, Maton

By Nick Deeds | November 24, 2025 at 8:21am CDT

Here are three things we’ll be keeping an eye on around the baseball world as we head into the week:

1. What’s next for the Rangers?

A surprising swap of big names on large contracts happened yesterday, as the Rangers sent second baseman Marcus Semien to the Mets in exchange for Brandon Nimmo. From the Rangers’ perspective, the deal allows them to re-imagine their lineup and replace non-tendered corner outfielder Adolis Garcia while still staying in line with their goals to cut payroll this year. While Nimmo is on the books for five years as opposed to Semien’s three, he’ll actually cost about $4.75MM less per year for luxury tax purposes after factoring in the cash New York sent alongside Texas’ new left fielder. With a luxury tax payroll that RosterResource now projects to land around just $191MM and Josh Smith free to take over at second base, the Rangers come out of this trade with the flexibility to perhaps even make another addition to the lineup or sign some bullpen help while still cutting payroll substantially from last year. It’s unclear what exact level ownership is comfortable spending to this year.

2. Mets’ infield logjam grows bigger:

The Semien-Nimmo trade is a bit more complicated from the Mets’ end. With Nimmo headed to the Rangers, the Mets now have Juan Soto as their only locked in regular in the outfield for the 2026 season. By contrast, they’re flush with infield options after adding Semien to a group that already included Brett Baty, Mark Vientos, Luisangel Acuna, and Ronny Mauricio. Semien and Francisco Lindor figure to handle regular reps up the middle, which would leave just two spots on the infield for those four youngsters. A Pete Alonso reunion would further cut into those opportunities. Also displaced by the deal is Jeff McNeil, who could move into the outfield if necessary but was already the subject of trade rumors even before this deal.

The Mets could move any of those infielders as they look for help in the rotation or bullpen. It’s also worth noting that one of the game’s perennial top spenders now has a corner outfield vacancy and less money on the long-term books when the market’s top free agent is corner outfielder Kyle Tucker.

3. Maton signing not yet official:

The Cubs agreed to terms with right-hander Phil Maton on a two-year deal Friday night, though that signing has not yet been finalized. Maton’s deal is pending a physical, and financial specifics are not yet known. The Cubs have been reluctant to commit to relievers on multi-year deals in recent years, making the signing all the more notable. Chicago’s last multi-year free agent signing for a relief arm was the Craig Kimbrel contract all the way back in June of 2019. (They did make a strong offer to Tanner Scott last winter, though.) Is this a change in philosophy or merely a one-off? The Cubs have plenty of space on the 40-man roster, so a corresponding move will not be necessary when the Maton deal becomes official.

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The Opener

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Five Non-Tendered Hitters To Keep An Eye On This Winter

By Nick Deeds | November 23, 2025 at 2:33pm CDT

Every year, MLB’s non-tender deadline sees clubs allow some of their players who remain under team control to test the open market early, whether it be due to an increasing price tag in arbitration or a need for additional space on the club’s 40-man roster. Previous seasons have seen a number of high-profile players wind up non-tendered, with Kyle Schwarber, Cody Bellinger, and Brandon Woodruff all having been non-tendered at one point or another in their careers only to this year appear on MLBTR’s Top 50 Free Agents list.

While players of that caliber who reach free agency by way of a non-tender are extremely rare, plenty of others find themselves cut loose early by their clubs only to make an impact elsewhere down the line. That could be as a regular in the lineup or rotation or simply as a solid contributor off the bench or out of the bullpen. Let’s take a look at five hitters who hit free agency following last week’s non-tender deadline and could be worth keeping an eye on throughout the coming offseason. Players are listed in alphabetical order, with their age for the 2026 season in parentheses.

JJ Bleday (28)

Bleday has quite the pedigree behind him, as he was drafted fourth overall by the Marlins back in 2019. A consensus top-50 prospect in the game prior to his MLB debut in 2022, Bleday struggled for the Marlins and A’s across his first two seasons in the majors before enjoying what looked to be a breakout 2024 campaign. That year, he slashed .243/.327/.437 (120 wRC+), cut his strikeout rate to just 19.5% while maintaining a solid 10.4% walk rate, and showed enough pop in his bat to hit 20 homers and a whopping 43 doubles. He was a below average but not disastrous defender in center field, and that in combination with his strong offensive production allowed him to put together a 3.2 fWAR season.

Unfortunately, Bleday’s star fell back to Earth this year with a tough season where his strikeout rate ticked back up to 26.5% while his power dissipated, leaving him with a .212/.294/.404 slash line and a wRC+ of just 90. Things got bleak enough that the A’s actually optioned Bleday to the minors multiple times this season. Perhaps a change of scenery can help Bleday recapture the form he flashed in 2024, and it’s not hard to imagine an outfield-needy team like the Royals or Guardians scooping him up. One sign of optimism regarding Bleday is his performance over the season’s final two months, as he slashed .252/.306/.495 (115 wRC+) with six homers and seven doubles in 111 plate appearances after being recalled to the majors on August 2nd.

Nathaniel Lowe (30)

By far the most established hitter on this list, Lowe has a Gold Glove, a Silver Slugger award, and a World Series ring on his mantle for his work with the Rangers from 2021-24. Over that four-year stretch, he slashed a strong .274/.359/.432 with 78 home runs and a 124 wRC+. That’s the performance of a quality regular and left him good for around three WAR per season at first base. Lowe was shipped from Texas to D.C. last offseason, however, and his time with the Nationals left much to be desired.

He hit just .216/.292/.373 across 119 games before he was cut loose from the organization, and while his time with the Red Sox saw him rebound to a .280/.370/.420 slash line closer to what he’s posted in the past, that 34-game stint in Boston only brought his season-long wRC+ back up to 91. While Lowe is hardly likely to get the sort of attention pieces like Pete Alonso or even Luis Arraez will garner this winter, he’d still be an upgrade to a club in need of help at first base like the Padres, Diamondbacks, or Twins.

Christopher Morel (27)

The youngest player on this list by more than a year, Morel arguably has the highest upside of any player on this list but significant flaws that could hold him back from getting a starting job somewhere. The youngster’s big league career started with a bang in 2022, and over his first two seasons with the Cubs Morel slashed .241/.311/.471 with 42 homers in 220 games and a wRC+ of 115. While he struck out at a massive 31.6% clip and was a below-average fielder everywhere he played on the diamond, his impressive power and ability to take walks were enough to make him a well above average hitter.

The past two years have been brutal for the slugger, however, as his production has largely dissipated. Morel’s first half with the Cubs in 2024 was unusual, as his numbers dipped (91 wRC+) despite most of his peripherals trending in the right direction, including a strikeout rate that dropped to 24.5% while his walk rate climbed to 11.1% with 18 home runs. While the usual above-average production wasn’t quite there, the Rays were interested enough to make him a centerpiece of the return for Isaac Paredes at the trade deadline. Unfortunately, Morel’s production completely collapsed during his time with the Rays as he hit just .208/.277/.355 (79 wRC+) in 495 plate appearances over the past two years. While it wouldn’t be a surprise to see a team try to unlock the upside Morel flashed with the Cubs early in his career given his youth and three years of remaining team control, his lack of defensive ability could make him a tough fit for many teams.

Mike Tauchman (35)

Tauchman is the oldest player on the list, and returns after also being listed in last year’s edition of this post. Non-tendered by the Cubs last winter, Tauchman stayed in Chicago by way of a deal with the White Sox and generally made good on his contract with the South Siders, hitting .263/.356/.400 (115 wRC+) across 385 plate appearances. Tauchman may not still be the capable center field defender he was earlier in his career, but teams would be hard pressed to find a player who can more reliably provide on-base ability.

That’s especially true at his expected price tag, which could draw in suitors with tight budgets this winter. Among the 229 players to record at least 1000 plate appearances since the start of the 2023 season, Tauchman’s .359 OBP ranks 21st, sandwiched between Rafael Devers and Kyle Schwarber. His production naturally falls well short of those star players thanks to a lack of power, as he’s not hit even ten homers in a season since 2019. Even so, he’d be a valuable addition to a team like the Royals, Astros, or Rays in either a bench or platoon role.

Ramon Urias (32)

Urias stands out among this group as being the most valuable defender of the bunch. Bleday and Tauchman are both restricted to the outfield and profile poorly in center, while Lowe is a first base-only defender. Morel has experience at valuable positions like center field and third base, but has graded out terribly at them by defensive metrics and profiles best as a DH. Urias, by contrast, is a Gold Glove winner at third base who has substantial experience at both second base and shortstop as well. His +5 Outs Above Average around the infield this year ranked in the 88th percentile among all fielders.

Typically, Urias pairs that strong glove with a decent bat that makes him a solid second-division regular or high-quality part-time player. In parts of six seasons in the majors, Urias is a career .257/.321/.403 (104 wRC+) hitter who had consistently been at or above league average until this season. This year, however, Urias hit just .241/.292/.384 (87 wRC+). That performance is in part dragged down by a rough stint in Houston after being dealt to the Astros at the trade deadline, but even his mark with Baltimore was below league-average. Questionable as Urias’s numbers were this year, his overall track record and ability to provide solid infield defense should make him an attractive addition for a team, particularly given a thin infield market with few everyday options. The Yankees, Brewers, Mariners, and Tigers are among the many teams Urias could make at least some sense for.

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2025-26 MLB Free Agents MLBTR Originals Christopher Morel J.J. Bleday Mike Tauchman Nathaniel Lowe Ramon Urias

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Tigers Among Teams Interested In Ryan Helsley As Starting Pitcher

By Nick Deeds | November 23, 2025 at 12:09pm CDT

Ryan Helsley is drawing interest from clubs as a starting pitcher, and the Tigers are among the teams who have spoken to him about a possible move to the rotation according to a report from Ken Rosenthal, Cody Stavenhagen, and Katie Woo of The Athletic.

It’s become a trend for relievers with starting experience to garner interest for rotation jobs around the league. For players like Reynaldo Lopez, Seth Lugo, and Michael King, the move has gone incredibly well and ended in them garnering attention in Cy Young conversations. For others, like Helsley’s former teammate Jordan Hicks, the move doesn’t go quite so swimmingly. Since signing with the Giants as a starter during the 2023-24 offseason, Hicks has a 5.19 ERA across 177 innings and ultimately had his contract dumped in a trade with the Red Sox, where he served as a salary offset in the Rafael Devers deal.

The risk of an outcome like Hicks had comes with substantial reward for both player and team. For teams, signing a reliever and giving them the opportunity to start affords them a chance at a top-shelf arm at a steep bargain compared to the nine-figure contracts routinely commanded by the league’s established front-end arms. For the player, meanwhile, the chance to return to starting could mean that a team is willing to invest in a more substantial contract than they would be for a less-than-elite reliever and could mean an even more substantial contract if they find success and return to free agency with an established track record of starting at a high level.

Common as the trend has been in recent years, Helsley is an unusual candidate for a move to the rotation. Most players that move to the rotation have starting experience in the majors, a pitch mix that lends itself towards starting, and lack a track record as an established closer in the majors. While there are some pitchers in this free agent class that all applies to (and Brad Keller is notably already garnering interest for a potential move back to the rotation himself), none of it is true of Helsley. Rosenthal notes that more than 90% of his pitches thrown last year were either his four-seamer or his slider, though he does also have a cutter and a curveball in his repertoire. Helsley also has zero starts at the big league level with 105 saves picked up across his time as a closer for the Cardinals.

Since he took over that role in 2022, the two-time All-Star has a 2.49 ERA with a 2.80 FIP and a 31.9% strikeout rate across 210 appearances. He’s overwhelmingly been used as a one-inning arm as well, with just three outings that lasted longer than three outs over the past two seasons. Taken together, it all makes him an odd fit for a move to the rotation. Rosenthal suggests that the idea could have something to do with the state of the market this winter.

After a host of rotation arms expected to be available this winter (Jack Flaherty, Shane Bieber, Shota Imanaga, and Brandon Woodruff) either exercised player options with their current clubs or accepted a qualifying offer, there’s fewer quality starters available than once seemed likely. That relative shortage in conjunction with the fact that this winter’s market lacks a slam-dunk ace on the level of Yoshinobu Yamamoto or Corbin Burnes could leave teams a bit more willing than usual to get creative with their pitching additions this winter. From Helsley’s perspective, meanwhile, he’s coming off the worst season he’s had since becoming a closer as he posted an ERA of 4.50 with a 4.14 FIP across 56 innings with the Cardinals and Mets.

That could put a damper on his market in a winter with plenty of closing options available. Edwin Diaz, Devin Williams, Robert Suarez, Luke Weaver, Emilio Pagan, Pete Fairbanks, Kyle Finnegan and Kenley Jansen are all quality relievers with ninth-inning experience coming off stronger seasons than Helsley, not to mention other arms like Keller who lack that closing experience but still figure to command significant dollars this winter. With such a deep group of late-inning relievers, perhaps Helsley can separate himself from the crowd by leaving the door to starting a game for the first time since he made his major league debut on the table.

Turning to the Tigers’ interest in Helsley more specifically, it’s not hard to see why Detroit might want more help for its rotation. Even as a trade of ace Tarik Skubal seems unlikely and Flaherty unexpectedly decided to stick around for another year, there’s not much certainty in the Tigers rotation outside of that duo and Casey Mize. Reese Olson is sure to be in rotation when healthy but made just 13 starts this year due to injuries. Troy Melton impressed in his rookie season but made just four starts for the Tigers in the majors this year. Even Mize and Flaherty will both join Skubal in free agency next winter, meaning that Detroit faces a major exodus of talent that could make signing a long-term starter with possible front-of-the-rotation upside this winter quite attractive.

Of course, it must be noted that Detroit surely isn’t the only team with interest in Helsley, even as a starter, and that the Tigers themselves could ultimately prefer a more established arm to serve as the bridge between their current rotation and the one they’ll need to build for 2027 and beyond. While the possibility of Helsley becoming the next King or Lopez is certainly enticing, if the Tigers are willing to go out and sign a more proven arm like Ranger Suarez or Dylan Cease that would offer a lot more certainty.

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Detroit Tigers Newsstand Ryan Helsley

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Orioles Outright Luis Vazquez

By Nick Deeds | November 23, 2025 at 10:59am CDT

The Orioles announced this morning that infielder Luis Vazquez has cleared outright waivers and accepted an outright assignment to Triple-A Norfolk. He’ll serve as non-roster depth for Baltimore heading into the 2026 season.

Vazquez, 25, was acquired by the Orioles in a minor trade with the Cubs last offseason. A 14th-round pick by Chicago back in 2017, he didn’t make his big league debut until last year in an 11-game cameo with the Cubs. He got a larger look in a bench role with Baltimore this past year, but still has yet to establish himself as more than a depth option at the big league level. In 67 plate appearances across 47 games in the majors between both clubs, Vazquez has hit just .145/.194/.210 (13 wRC+). With a 29.9% career strikeout rate in the majors, a walk rate of 4.5%, and little power to speak of, it’s hard to see Vazquez hitting enough to be a reliable bench option at the big league level without another step forward in his development.

That didn’t stop the Orioles from signing Vazquez to a big league contract earlier this month, however. It’s a tactic that creates a win-win situation for both player and team; Vazquez gets a guaranteed salary slightly higher than the MLB minimum, while the Orioles can safely outright him off the roster without fear of another team claiming him or Vazquez rejecting the assignment in favor of free agency. That can allow Vazquez to serve as a depth piece for Baltimore while also potentially continuing his development at Triple-A. Despite his poor results in the majors, Vazquez has done quite well for himself at the Orioles’ Norfolk affiliate with a .271/.343/.413 (106 wRC+) slash line at the level.

Whether Vazquez manages to take a step forward at the plate or not, he’s still valuable depth for Baltimore given his defensive ability and versatility. A solid defender at shortstop as well as both second and third base, Vazquez has also made brief cameos at first base and the outfield corners. A quality infield glove with the versatility to play the outfield in a pinch and the speed to be a solid pinch runner has value as a potential stopgap to fill out a team’s roster if injuries create vacancies over the course of the season, and the fact that Vazquez can fill that role while still being young enough to have the potential upside of future development made him an intriguing enough asset for the Orioles to offer him a little extra guaranteed money in order to keep him in the fold.

Turning to the big league bench, the Orioles figure to carry some combination of Leody Taveras, Jeremiah Jackson, Maverick Handley, Ryan Noda, and Heston Kjerstad as reserve players, with Taveras having the firmest grip of a bench spot of that group. Two spots on the bench currently appear likely to be used on a platoon between Ryan Mountcastle and Samuel Basallo at DH as well as a Tyler O’Neill/Dylan Beavers platoon in right field. Of course, the Orioles’ positional mix could still be altered substantially before Opening Day if a trade thins the herd or Baltimore continues their pursuit of a big bat even after adding Taylor Ward, as seems likely.

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Baltimore Orioles Transactions Luis Vazquez

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CPBL’s Wei Chuan Dragons To Post Jo Hsi Hsu

By Nick Deeds | November 23, 2025 at 9:42am CDT

The Wei Chuan Dragons of Taiwan’s Chinese Professional Baseball League are posting right-hander Jo Hsi Hsu for MLB clubs, as noted by CPBL Stats. Hsu is considering a jump to either MLB or Nippon Professional Baseball in Japan this offseason. Hsu himself told reporters that he’s already visited Japan and had dinner with NPB legend Sadaharu Oh, who now serves as the chief baseball officer for the SoftBank Hawks. According to Taiwanese outlet TSNA, Hsu has also garnered stateside interest from the Dodgers.

CPBL players can be posted for international free agency with the permission of their club after they’ve reached three years of service time. Hsu, 25, is in the midst of that process now and will market himself coming off a 2025 season where he pitched to a sterling 2.05 ERA with a 28.0% strikeout rate across 19 starts and 114 innings of work. That workload is fairly standard for the 119-game CPBL season, but it leaves questions about how well he’d be able to handle the rigors of a 162-game schedule as a starter in the big leagues.

Eric Longenhagen and James Fegan of Fangraphs took a look at Hsu’s profile last month and suggested that it’s “probable” most MLB clubs will view him as a reliever as he was unable to maintain his top velocity throughout even that 19-start campaign in the CPBL this year. Longehagen and Fegan both suggest that Hsu has the talent to be a late-inning set-up man in the majors, and a player headed into his age-25 season who could immediately slot into the back of any bullpen would surely be an attractive piece for teams to consider. With that being said, Longenhagen and Fegan both suggest that Hsu might prefer to first go to Japan to attempt to hone his skills as a starter before making the jump to MLB.

That’s a path that could be attractive for financial reasons. Hsu is young enough that even if he spent two or three years in Japan, he’d be able to come to MLB much younger than the average free agent pitcher. That could set him up for a more lucrative payday, particularly because then all posting fees owed to his the Dragons would be attached to his NPB contract. That would leave MLB teams able to offer Hsu the full amount they believe him to be worth rather than sending a portion of that money overseas to the Dragons. The CPBL posting fee is 20% of the first $25MM a player earns in their MLB contract, 17.5% of the next $25MM, and 15% of any dollars above $50MM. For minor league contracts, the posting fee is equivalent to 25% of the player’s signing bonus.

Beneficial as a stop in NPB might be financially, Hsu certainly wouldn’t be the first player to eschew a larger immediate payday for the opportunity to pitch in the majors sooner. Roki Sasaki opted to be posted last winter, when he wasn’t yet old enough to sign more than a minor league contract, and Shohei Ohtani famously did the same when he first came over to the United States. If Hsu does come stateside, it seems as though the Dodgers have at least some interest in his services. L.A. is hardly a club that’s been shy about making a splash in international markets, and while those efforts have been primarily focused on NPB (Yoshinobu Yamamoto, Sasaki) and KBO (Hyeseong Kim) players in recent offseasons, it wouldn’t be a shock to see them expand their horizons to Taiwan.

It seems silly to call anything about a back-to-back World Series champion disappointing, but the Dodgers made a big investment in the back of their bullpen by picking up Tanner Scott and Kirby Yates last winter that ultimately did not pan out. Adding an arm like Hsu to the fold alongside Scott could give L.A. some additional firepower in the bullpen to help make up for the loss of Evan Phillips, who underwent Tommy John surgery in June and was non-tendered this past week.

Of course, the Dodgers are hardly the only team who could have interest in Hsu’s services. International relief signings have typically come in at a fairly affordable price tag that could make him an interesting target for virtually any club searching for bullpen help this winter. Woo-Suk Go (two years, $4.5MM), Yuki Matsui (five years, $28MM), and Shintaro Fujinami (one year, $3.5MM) are all players who signed from the international market as relievers in recent years, and none came with the typical price tag associated with late-inning relievers already established in MLB.

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2025-26 MLB Free Agents Chinese Professional Baseball League Los Angeles Dodgers Nippon Professional Baseball Jo Hsi Hsu

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Rays Sign Jake Woodford To Minor League Deal

By Nick Deeds | November 21, 2025 at 1:12pm CDT

The Rays have signed right-hander Jake Woodford to a minor league deal with an invite to MLB spring training, as reported by MLBTR’s Steve Adams.

Woodford, 29, was a first-round pick by the Cardinals in the 2015 draft but didn’t make his MLB debut until the abbreviated 2020 season. He struggled to a 5.57 ERA as a long relief arm in his rookie year, but enjoyed better results come 2021 and ’22 with a respectable 3.26 ERA and 3.93 FIP in 116 total innings of work across those two campaigns. With that being said, his peripheral numbers weren’t quite so impressive. He struck out just 15.4% of his opponents while walking 7.5%. He did manage to make up for the lack of strikeouts by serving up grounders at a steady 45.8% clip, but the magic disappeared in 2023 as he was crushed to the tune of a 6.23 ERA before being non-tendered by the Cardinals that offseason.

Since departing St. Louis, Woodford has become a journeyman and hopped from team to team without sticking in any one organization for very long. In 2024 he split his time at the big league level between the White Sox and Pirates organizations but was torched to a 7.97 ERA in 35 innings of work despite a more manageable 4.94 FIP. After being DFA’d by Pittsburgh, he joined the Rockies last offseason but failed to break camp with the club and found himself on the market once again come Opening Day. From there, he caught on with the Yankees and Cubs organizations but did not make the majors with either club.

Woodford’s return to the big leagues came with the Diamondbacks this year, but he didn’t make the most of the opportunity. The right-hander made 22 appearances in Arizona but struggled badly, with a 6.44 ERA in 36 1/3 innings and a strikeout rate of just 13.5%. Arizona ultimately designated Woodford for assignment in late September, and he elected free agency shortly after the end of the 2025 campaign.

Now, Woodford is headed to one of the top teams in the league for pitching development as he looks to turn his career around. The Rays are known for their constant roster churn and their ability to turn otherwise unheralded pitchers into valuable pieces. It would hardly be a shock if they were able to unlock something with Woodford and help the right-hander get back on track, although Tampa has typically had more success unlocking arms with big strikeout potential like Edwin Uceta and Robert Stephenson. Either way, Woodford will enter the spring with a shot to compete for a long relief job in the bullpen with arms like Yoendrys Gomez and Joe Boyle.

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Tampa Bay Rays Transactions Jake Woodford

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Erik Swanson Announces Retirement

By Nick Deeds | November 21, 2025 at 12:46pm CDT

Right-hander Erik Swanson announced his retirement yesterday on his personal Instagram account. Swanson, 32, pitched in parts of seven MLB seasons with the Blue Jays and Mariners.

The 32-year-old was an eighth-round pick by the Rangers back in 2014 and was a piece of two significant trades before he made his MLB debut. He was part of the package that Texas sent to the Yankees in exchange for the services of Carlos Beltran prior to the 2016 season, and then he was shipped to Seattle by the Yanks in the deal for James Paxton prior to the 2019 season. After pitching out of the bullpen in the Rangers’ system and starting during his time with the Yankees, Swanson made his big league debut with the Mariners in 2019 as a swing man.

That start to his career was a rocky one, as the right-hander posted a lackluster 5.74 ERA in 58 innings of work during his rookie season. Those innings were split between eight starts and 19 relief outings, He was back in the bullpen for the shortened 2020 season, but made just nine appearances and was lit up to the tune of 12 runs (11 earned) in just 7 2/3 innings of work despite a decent 24.3% strikeout rate. The Mariners stuck with Swanson headed into the 2021 season, however, and their commitment quickly began to pay dividends.

Swanson enjoyed the first truly successful season of his big league career in 2021. Though he only pitched 35 1/3 innings total, he looked great in doing so with a 3.31 ERA and a 24.8% strikeout rate across 33 appearances. He built on that solid performance the following year and enjoyed a breakout 2022 campaign. With a 1.68 ERA, 1.84 FIP, and 2.19 SIERA in 53 2/3 innings of work to go along with a 34.0% strikeout rate, Swanson was on the shortlist for the very best relievers in baseball that year. Among all pitchers with at least 50 innings of work that year, Swanson ranked in the top 10 by measure of SIERA (10th), K-BB% (10th), xERA (10th), ERA (9th), and FIP (3rd).

After that dominant season, the Mariners capitalized on Swanson’s value and made him a key piece of the trade that brought Teoscar Hernandez to Seattle. After being shipped to Toronto and suiting up for the Blue Jays, Swanson was unable to recreate his elite 2022 campaign but still enjoyed a strong 2023 as a quality late-inning arm. He pitched a career-high 66 2/3 innings across 69 appearances and turned in an impressive 2.97 ERA, though his strikeout rate dropped to 28.6% and his peripherals took a similar step back.

Unfortunately, things came off the rails for Swanson from there. In 2024, he struggled to a 5.03 ERA and had issues with his command across 45 appearances, surrendering 11 home runs in just 39 1/3 innings while his strikeout rate tumbled to 22.0%. The Jays held onto Swanson this year in hopes of a bounce back, but he dealt with nerve issues throughout the spring and had his season debut delayed until the start of June due to forearm soreness. He surrendered nine runs in six appearances before the Jays pulled the plug after just two weeks. He was released in late June and did not pitch professionally between then and his retirement announcement.

In all, Swanson posted a career 4.20 ERA in 246 games as a big leaguer. He struck out 281 batters across 266 innings of work and finishes his career with an 11-16 record and ten career saves. We at MLB Trade Rumors congratulate Swanson on a fine playing career and wish him all the best in his post-playing endeavors.

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Toronto Blue Jays Transactions Erik Swanson

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Twins Acquire Alex Jackson, Avoid Arbitration With Justin Topa

By Nick Deeds | November 21, 2025 at 9:57am CDT

9:57am: Darren Wolfson of KSTP reports that Topa will be guaranteed $1.225MM in 2026 by his new contract.

8:24am: The Twins have acquired catcher Alex Jackson from the Orioles in exchange for minor league infielder Payton Eeles, according to a report from Roch Kubatko of MASN Sports. According to Aaron Gleeman of The Athletic, Minnesota has designated outfielder DaShawn Keirsey Jr. for assignment to make room for Jackson on the 40-man roster. The team has also avoided arbitration with right-hander Justin Topa on a one-year deal, per Gleeman.

Jackson, 30 next month, was a potential non-tender candidate ahead of this evening’s deadline. Projected for a $1.8MM salary in 2206 by MLBTR contributor Matt Swartz, Jackson was the Orioles’ third catcher behind Adley Rutschman and Samuel Basallo. While Baltimore could certainly consider a three-catcher roster in 2026 given the time Basallo is expected to spend at DH and first base next season, Maverick Handley remains on the 40-man roster as a potential third-string catcher behind the team’s primary tandem. That made Jackson somewhat expendable, and Baltimore has now decided to send him to Minnesota in order to shore up their upper-level infield depth in the minors.

As for the Twins, bringing Jackson into the fold gives the team a backup catcher behind Ryan Jeffers, replacing free agent veteran Christian Vazquez in the club’s catching tandem. Jackson was drafted sixth overall back in 2014 but hasn’t made much noise at the big league level despite his draft pedigree. He’s bounced between Atlanta, Miami, Milwaukee, Tampa, and Baltimore throughout his parts of six seasons in the majors and now seems poised to suit up for Minnesota in his seventh next year.

Jackson has typically been viewed as an adequate defender behind the plate, but his offensive numbers have typically left much to be desired. He entered the 2025 season with a career slash line of just .132/.224/.232 (29 wRC+), meaning he had been 71% worse than league average in his 340 trips to the plate at the big league level. A 37-game, 100-PA stint with the Orioles this year saw him show some signs of life offensively, as he hit a respectable .220/.290/.473 (111 wRC+) during that time.

Unfortunately, Jackson is unlikely to continue hitting at a 30-homer pace as he did in Baltimore this season, and his 37.0% strikeout rate against a walk rate of just 5.0% leaves much to be desired in terms of discipline. Jackson’s advanced metrics suggest his underlying performance remained below average this year, and in 2026 it wouldn’t be a surprise to see him take a significant step back with the bat. Still, he should provide the Twins with a cost-effective insurance option behind the plate in a market without much quality available behind the plate. Jackson joins Jeffers, Mickey Gasper, and Jhonny Pereda as catching options on the 40-man roster.

In exchange for Jackson, the Twins are surrendering Eeles. The infielder, who just celebrated his 26th birthday earlier this week, is listed at just 5’5” and hit just .253 with a .321 slugging percentage in 86 games at Triple-A this past year. What Eeles lacks in size and power potential is made up for by a strong understanding of the strike zone and speed on the basepaths, however. He posted an excellent 12.4% walk rate at Triple-A this past year while striking out at a solid 17.2% clip. He went 21-for-28 on the basepaths in just 378 plate appearances, suggesting he could be a threat to steal 30-to-40 bases over a full season.

Eeles has primarily played shortstop and second base throughout his time as a professional but has also made cameos at third base and all three outfield spots. That sort of versatile speedster is something the Orioles have long valued, as seen by the 408 games Jorge Mateo played for the Orioles over the past five seasons before becoming a free agent earlier this month. Given Eeles’s successful stint at the Triple-A level and Mateo’s departure, it wouldn’t be a shock to see him in the mix for a big league bench job in Baltimore at some point next season.

Turning back to Minnesota, the Twins are parting ways with Keirsey to make room for Jackson on the 40-man roster. Keirsey, 28, made his big league debut late in the 2024 season but made it into just six games, going 2-for-14 with a home run and a hit-by-pitch. He got a slightly longer audition in the majors this year, though he was mostly used as a defensive replacement and pinch runner across 74 games in the majors. In 88 trips to the plate this year, Keirsey hit just .107/.138/.179 while striking out at a 37.5% clip. He did manage to go 10-for-12 on the basepaths, but his lack of production with the bat makes him fairly expendable to a Twins club that has plenty of outfield talent already on the roster and in the upper levels of the minors.

In addition to this morning’s trade, the Twins also reached an agreement with Topa on a one-year deal to avoid arbitration. The exact figure isn’t known, but it’s worth noting that the right-hander’s projected arbitration salary sits at $1.7MM. Typically, pre-tender deals come in a bit below the player’s projected salary as the player looks to guarantee their 40-man roster spot. That may not necessarily be the case here, however, as Topa’s 3.90 ERA and 3.04 FIP in 60 innings cast him as a perfectly solid middle reliever. With that being said, Topa’s 18.3% strikeout rate leaves something to be desired even with a solid 47.7% ground ball rate. While Topa’s 2026 salary is not yet known, he’ll be a key part of Twins bullpen next year after Jhoan Duran, Griffin Jax, and Louis Varland were all traded away at this summer’s deadline.

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Baltimore Orioles Minnesota Twins Transactions Alex Jackson DaShawn Keirsey Jr. Justin Topa Payton Eeles

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The Opener: Non-Tender Deadline, Trade Candidates, Posting Windows

By Nick Deeds | November 21, 2025 at 8:18am CDT

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

1. Non-tender deadline arrives:

This evening, teams around baseball will need to decide whether to offer contracts to their arbitration- and pre-arbitration level players. Those who are non-tendered will head directly into free agency without being placed on waivers. Earlier this week, MLBTR’s Anthony Franco made a comprehensive list of players who could at least theoretically be at risk of a non-tender today, although the majority of them likely will not actually head into free agency.

Many will simply be tendered a contract by their team and go through the normal arbitration process, landing a salary around what MLBTR contributor Matt Swartz projected for them last month. Others could sign at a discount right away on a “pre-tender” deal to avoid arbitration, like Connor Wong did with the Red Sox yesterday. Still others could be traded to another team more interested in paying their arbitration price tag, which we saw when the Astros and Braves swapped arbitration-level players by sending Mauricio Dubon to Atlanta in exchange for Nick Allen.

2. Trade candidates ahead of tonight’s deadline:

As teams look to get something out of players they’re considering a non-tender for, a number of trades could be possible today. The Rangers have already been shopping outfielder Adolis Garcia and catcher Jonah Heim for days as they look to shed payroll, and a non-tender could be in the cards for either or both if a trade isn’t worked out. Meanwhile, some players who were designated for assignment earlier this week could be traded in the coming hours before their team would otherwise cut them and send them into free agency. JJ Bleday of the A’s, Ramon Urias of the Astros, and Christopher Morel of the Rays are among the players DFA’d earlier this week who could theoretically still be dealt if a team was interested in picking them up at their arbitration price tag.

3. Posting windows opening:

For players coming over from Nippon Professional Baseball in Japan or South Korea’s Korean Baseball Organization, free agency can be a much more abbreviated affair. Players posted by their NPB clubs for MLB teams have just a 45-day window to sign, while that same window is only 30 days for KBO players. NPB right-hander Tatsuya Imai’s negotiating period began yesterday, and he’ll be followed today by both NPB infielder Kazuma Okamoto and righty Kona Takahashi according to ESPN’s Jeff Passan. Imai’s posting window will run through January 2, while Okamoto and Takahashi will both see their windows last through January 4. Top international power bat Munetaka Murakami’s negotiating window began two weeks ago, and KBO infielder Sung-mun Song figures to be officially posted this weekend to kick of his own window.

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The Opener

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Poll: Should The White Sox Trade A Young Catcher?

By Nick Deeds | November 20, 2025 at 4:04pm CDT

While they improved on their historically bad 2024 season this past year, the 2025 White Sox were still among the league’s bottom-feeders with little end in sight to the rebuild that GM Chris Getz is undertaking. The problem for Chicago is that they’re running out of notable pieces to dangle in trades if they hope to accelerate that rebuild. Andrew Benintendi has the capacity to be a decent corner bat, but he’s overpaid and could be difficult to move without eating almost all of his salary. Luis Robert Jr. has long been on the trade block, but the White Sox have never been able to extract the value they’re looking for.

That dearth of quality trade pieces could lead the Sox to look for more unorthodox trade candidates on their roster. For all of the team’s faults, Chicago does have one area of legitimate depth on its roster: young catching talent. Edgar Quero and Kyle Teel both turned in solid rookie seasons after entering the 2025 season as consensus top-100 prospects in the sport, and both players are controlled through the end of the 2031 season. Six full seasons of team control on a player who has already proved capable of hitting big league pitching from the toughest defensive position on the diamond is arguably one of the most attractive tradable assets in the entire game.

There’s also the current market conditions to consider. The free agent market is headlined by J.T. Realmuto but he’s expected to return to the Phillies. Even if he doesn’t, he’s about to turn 35 and some clubs would certainly prefer to find a younger franchise catcher like those currently on the White Sox. Apart from Realmuto, guys like Victor Caratini and Danny Jansen are the top guys available. Ryan Jeffers might be on the trade block but it’s not entirely confirmed that the Twins are going to continue the selloff they began at the deadline.

That could make it easy to dream on what sort of elite return the White Sox could get if they were willing to trade either Teel or Quero, both of whom they’ve received interest on. For a team with a need in the starting rotation, multiple holes in the lineup, and plenty of room to improve in the bullpen, a trade return with a number of players could help patch holes and quicken the team’s return to contention in an AL Central division that appeared a bit more vulnerable than expected by the end of the year. Teel or Quero would also not necessarily need to be replaced if traded given the presence of Korey Lee on the 40-man roster, though Lee’s track record in the majors is mixed at best.

An offer that included a controllable starter and help for the lineup could be hard to turn down, but Getz has indicated that he isn’t especially inclined to deal either Teel or Quero at this point. That’s understandable, given that the team has no reason to rush into a trade. Keeping both Teel and Quero in the fold would allow them to better evaluate which of the two is better suited to be a franchise cornerstone behind the plate and, if both players excel, wouldn’t substantially decrease their value on the market. Any loss in team control could be made up for or perhaps even exceeded by the value created by the youngster proving themselves more solidly at the big league level.

What’s more, waiting to trade could mean that the players acquired would be under control longer when the White Sox are earnestly trying to contend again. Acquiring a player with three years of team control in 2026 would likely only mean one or two years in the organization while its competitive, but acquiring a player with the same amount of control remaining a year or two from now could mean having that player’s services for a much larger portion of the team’s competitive window. Waiting would also allow the White Sox to better evaluate the rest of the talent in their system and more accurately identify which needs should be prioritized.

Of course, there’s risks in waiting as well. Injury or underperformance could diminish either player’s value. Given the inconsistencies that even high-end young catchers often face early in their time as big leaguers, the possibility of such a decline cannot be ignored. Perhaps future offseasons will have more catching talent available in free agency and/or trades.

Even if Teel and Quero both remain productive and command strong markets a year or two from now, there are drawbacks to waiting. For one, the clocks on the team’s existing young players are already ticking. Any time spent waiting out the market is time that acquired players and prospects won’t be able to spend alongside young up-and-comers like Shane Smith, Colson Montgomery, and whichever catcher does remain in Chicago long-term. Another concern would be that those players and prospects themselves may not yet be fully established at the big league level, and any additional development time necessary might be better done while the White Sox are still rebuilding rather than when they’re already trying to compete.

How do MLBTR readers think the White Sox should handle their catching surplus? Should the team be open to moving one of their top catching talents, or should they hold onto both players and continue evaluating them in 2026? Have your say in the poll below:

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Chicago White Sox MLBTR Originals MLBTR Polls Edgar Quero Korey Lee Kyle Teel

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