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Rays Trade Shane Baz To Orioles

By Steve Adams | December 19, 2025 at 11:58pm CDT

The Orioles bolstered their rotation with an intradivision swap netting them right-hander Shane Baz from Tampa Bay, the teams announced Friday. In return, the Rays receive outfielder Slater de Brun, catcher Caden Bodine, right-hander Michael Forret, outfielder Austin Overn and a Competitive Balance Round A draft pick. Baltimore designated lefty Josh Walker for assignment to open a roster spot for Baz (more on that move here).

Baz, 26, will step right into Baltimore’s rotation. As is the case with the recently traded Grayson Rodriguez, Baz once ranked as one of the sport’s top pitching prospects. In fact, a look back at Baseball America’s top 100 prospects of the 2022 season shows Rodriguez at No. 6 and Baz right behind him at No. 8.

Baltimore, of course, traded Rodriguez and his remaining four years of club control to the Angels in exchange for the final year of club control over slugging corner outfielder Taylor Ward. Rodriguez hasn’t pitched in a big league game in nearly 18 months due to injuries. Baz has his own lengthy injury history but pitched a career-high 166 1/3 innings across 31 starts for Tampa Bay last season. The two are different pitchers with different skill sets and different levels of risk, and both are projects (to varying extents). But it’s nevertheless notable that the O’s shipped out one former top-10 pitching prospect and just weeks later effectively replaced him by acquiring another.

In 2025, Baz worked to a 4.87 earned run average but drew more favorable reviews from metrics like SIERA (3.95) and FIP (4.37). He fanned 24.8% of his opponents, issued walks at a 9% clip and kept the ball on the ground at a better-than-average 46.7% rate. Home runs were the biggest problem for Baz, who saw 15.6% of the fly-balls against him clear the outfield fence and allowed an overall average of 1.41 homers per nine innings pitched.

Specifically, Baz was homer-prone in right-on-right matchups. The Rays played last year’s “home” games at Tampa’s Steinbrenner Field (the Class-A affiliate for the Yankees) while Tropicana Field was undergoing repairs after significant damage at the hands of Hurricane Milton. Steinbrenner Field played as the second most homer-friendly venue in MLB for right-handed hitters, per Statcast’s Park Factors; Baltimore’s Camden Yards was still homer-friendly to righties, but not nearly to the same extent.

If Baz can rein in the home run woes and continue to stay healthy, he has the makings of a mid-rotation starter. Those aren’t trivial caveats, however — particularly the health one. Baz had arthroscopic elbow surgery prior to the 2022 season, returned to pitch 27 innings that summer, and then went back on the injured list due to an elbow sprain. He underwent Tommy John surgery that September and missed all of the 2023 season and the first half of the 2024 campaign.

Injury concerns notwithstanding, Baz sat 97 mph with his four-seamer this past season and got strong results on a new knuckle curveball that he hadn’t previously used in the majors. Opponents hit just .214 and slugged .321 against that newly implemented breaking pitch. Baz also works off a changeup and a cutter (getting better results with the former in 2025), rounding out a four-pitch arsenal.

The Orioles will control Baz for another three seasons. He’s a Super Two player who’s eligible for the second of his four arbitration raises this offseason. MLBTR contributor Matt Swartz projected an eminently affordable $3.1MM salary for the right-hander. That bumps the Orioles’ projected payroll, per RosterResource, north of $140MM and gives them more than $178MM of luxury tax considerations. They’re still nearly $70MM from the first tax threshold.

Baltimore entered the offseason in clear need of rotation help. Baz adds a capable arm with some yet-untapped upside but isn’t the clear playoff-caliber starter Baltimore has sought (though he has the potential to become that). He joins Trevor Rogers, Kyle Bradish and Dean Kremer as rotation locks. Tyler Wells, Cade Povich, Brandon Young and Chayce McDermott are all candidates for the fifth spot who are already on the 40-man roster.

That’s solid depth, but the Orioles’ rotation still feels like it’s one veteran arm short. The team’s aggressive signing of Pete Alonso (plus acquisitions of Ward and Baz) are clear signals of a win-now mindset as they look to put an ugly 2025 season behind them. Adding a proven starter would go a long way toward realizing that goal. Baltimore has been linked to prominent free agents like Framber Valdez, Ranger Suarez and Tatsuya Imai — all of whom remain unsigned. Even after adding Alonso, Baz, Ward and free agent closer Ryan Helsley, their projected payroll is more than $20MM shy of last season’s Opening Day mark. There should be room to make another splash on the starting pitching front.

In exchange for the final three years of control over Baz, Tampa Bay is getting several of the Orioles’ top-30 prospects and a well-placed pick in the 2026 draft. Baseball America recently re-ranked the top-10 prospects in Baltimore’s system, placing Forret eighth among the bunch and calling him a potential No. 3 or 4 starter. The 21-year-old righty has strong command and a deep repertoire of six pitches, highlighted by a pair of above-average to plus breaking balls (curveball, sweeper). He split the 2025 season between High-A and Double-A, logging a combined 74 innings with a pristine 1.58 ERA, a huge 32.3% strikeout rate and a tidy 7.4% walk rate.

Forret is the only of the four prospects ranked inside BA’s top 10, though both de Brun and Bodine were top-10 names in the system on MLB.com’s midseason re-ranking of the bunch. The 18-year-old de Brun, in particular, is a big addition. He was selected with the No. 37 overall draft pick — coincidentally enough, a Competitive Balance Round A selection — just this past summer. De Brun didn’t play professionally following that lofty selection. He’ll head to the low minors in Tampa Bay’s system and make his professional debut there in 2026.

Baseball America called de Brun the top high school outfielder in last year’s draft class, lauding his plus-plus speed, above-average hit tool, strong throwing arm and good instincts in center field. He’s listed at just 5’9″ and has below-average power. He’ll be a yearslong development project, but if all goes well, the end result could be a table-setting center fielder with plus base-stealing ability and plus defense.

Bodine, 22, was selected seven picks ahead of de Brun in last summer’s draft. The former Coastal Carolina University standout got his feet wet with 11 games for the Orioles’ Class-A affiliate following the draft and hit well in that small sample. He’s a 5’10”, 200-pound, switch-hitting catcher who draws praise for a plus hit tool and good defensive skills. Like de Brun, he has below-average power. And, as one might expect for a catcher, his speed gets below-average ratings as well. Bodine hit .337/.440/.528 with nearly twice as many walks as strikeouts during his three NCAA seasons and began his pro career with a 14-for-43 showing (13 singles, one double), five walks and eight strikeouts in 49 A-ball appearances.

As with both Bodine and de Brun, Overn is another recent, lofty draft pick for the Orioles. Selected out of USC with the No. 97 pick in 2024, he’s a blistering runner with good defensive skills but fringe power and strikeout concerns. Overn hit .249/.355/.399 between Baltimore’s Class-A and Double-A affiliates in 2025, connecting on 13 homers, 13 doubles and four triples. He also went 64-for-72 in stolen base attempts over just 114 minor league games. MLB.com ranked him 30th in Baltimore’s system following this year’s trade deadline, tabbing him as a potential fourth outfielder or, in a best-case scenario, a speed- and defense-oriented regular. He’ll likely need to improve his hit tool and/or add some more power to get to that ceiling.

The Rays also add a notable draft pick. Baltimore won the fifth pick in Competitive Balance Round A during this month’s lottery. The exact draft order isn’t set yet — draft compensation surrounding free agents who rejected qualifying offers could still impact it — but in 2025 that was the No. 37 overall selection. Coincidentally, that’s the very pick that the Rays traded to the O’s in exchange for reliever Bryan Baker. Baltimore used that pick to select de Brun. It now trades de Brun back to Tampa Bay alongside what could very well end up being the No. 37 pick in the subsequent season’s draft. Last year’s No. 37 pick had a $2.63MM slot value, though de Brun signed for an over-slot $4MM. The Rays are likely adding around $2.7MM in pool space to next year’s draft budget with the acquisition of this pick.

Subtracting Baz depletes a Rays rotation that already looked like it might be one arm short. At the moment, Tampa Bay’s rotation figures to include Drew Rasmussen, Ryan Pepiot, Shane McClanahan and Steven Matz. Joe Boyle, Joe Rock, Ian Seymour and top prospect Brody Hopkins are among the internal candidates to step into the five spot. The first three are already on the 40-man roster.

However, the Rays will also surely have McClanahan on an innings limit after he missed the past two full seasons due to UCL and nerve surgeries. They’ll need to add some more innings to this group one way or another. By shipping out Baz and second baseman Brandon Lowe in separate trades this morning, the Rays trimmed more than $14MM off their projected payroll for the upcoming season. Per RosterResource, they now sit at about $78MM. That’s right in line with last year’s Opening Day mark.

Coming off a season in which they missed the playoffs and played their home games in a minor league park, the Rays may not be anxious to add a starter making $10MM+ per year. But Tampa Bay ran an Opening Day payroll of $98MM as recently as 2024 and is now under new ownership. It stands to reason that there could be some room to add a modestly priced starter in free agency. Alternatively, the trades of Baz and Lowe have only revitalized a perennially solid Tampa Bay farm system. The Rays could turn to the trade market to bring in some more help in the weeks ahead.

The Athletic’s Ken Rosenthal first reported that the Orioles were nearing a deal to acquire Baz. ESPN’s Jeff Passan first reported the agreement and the Rays’ return.

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Baltimore Orioles Newsstand Tampa Bay Rays Transactions Austin Overn Caden Bodine Michael Forret Shane Baz Slater de Brun

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Twins Sign Josh Bell

By Steve Adams | December 19, 2025 at 5:25pm CDT

The Twins announced the signing of free agent first baseman Josh Bell to a one-year deal with a mutual option. It’s reportedly a $7MM guarantee for the Boras Corporation client. Bell’s 2026 salary will be $5.5MM. He also receives a $250K signing bonus, and there’s a $1.25MM buyout on the mutual option.

Bell, 33, has been at least an average bat in every season of his decade-long MLB career, with the exception of a poor showing in the shortened 2020 campaign. At times, the former second-round pick and top prospect has looked on the cusp of breaking out as a star-level slugger — most notably in 2019 and 2021 — but he’s never quite produced as the steady power bat one might expect from a hulking 6’3″, 260-pound first baseman.

That’s largely due to the switch-hitting Bell’s penchant for hitting the ball on the ground. Despite his sizable frame and clearly plus raw power, Bell has struggled to maintain a swing path that allows him to elevate the ball. He’s cut his grounder rate in recent seasons, to be fair; last year’s 45.7% mark was actually the second-lowest of his career, ahead of only the 44% mark he posted during a 37-homer campaign back in 2019. However, that 45.7% mark was still well above the 41.8% league average. For a hitter like Bell, whose average sprint speed ranked in just the seventh percentile of big league position players, per Statcast, that much contact on the ground is a clear detriment.

When Bell does elevate the ball, he does so with tremendous authority. Statcast ranked his 96.4 mph average exit velocity on liners/fly-balls 25th among 251 qualified hitters. Bell’s isolated power (slugging percentage minus batting average) of .507 on fly-balls isn’t elite but is well north of the .436 league average. He popped 22 round-trippers this past season and has averaged 26 homers per 162 games over the past seven seasons — despite his proclivity for hitting the ball into the ground. It’s long been thought that if Bell could consistently elevate the ball, he’d be a high-end slugger, but six teams have now tried to get him to do so consistently and been unable to make it happen.

The end result is typically above-average but not elite offense. Bell hit .237/.325/.417 this past season with the Nationals. His 10.7% walk rate was comfortably north of average and roughly in line with his career 11.2% mark. His 16.5% strikeout rate was the second-lowest of his career. Bell had uncharacteristic struggles with his right-handed swing last season but has traditionally been a solid hitter from both sides of the dish (albeit with better production from the left side). His 90.4 mph average exit velocity and 47% hard-hit rate were his best marks since a strong 2021 season (also spent with the Nats).

The Twins and their fans can perhaps find some optimism in the trajectory of Bell’s 2025 season. He was one of the worst hitters in either league through the end of April but busted out of that slump with a huge showing in May. He took a step back in June and then delivered terrific production over the final three months of the year. Setting aside Bell’s awful first 125 plate appearances of the season (when he had a bloated 50% grounder rate, it should be noted), he hit .278/.358/.462 with 17 homers, 16 doubles, an 11.1% walk rate and a 14.6% strikeout rate. In 250 plate appearances from July 2 onward, he slashed .284/.371/.486 (with a ground-ball rate sitting at 42%).

That’ll be the sort of production for which the Twins hope in 2025. Bell figures to be the primary first baseman for new manager Derek Shelton, who briefly overlapped with Bell during his first season as manager in Pittsburgh. Like most teams, the Twins don’t have a set designated hitter, so Bell could get some looks there, too, if the Twins want to free up some first base time to get Edouard Julien or Kody Clemens into the lineup there. Some additional DH reps for Bell would benefit the team defensively; he posted solid grades at first base back in 2021-22, but Bell has been dinged for -20 Defensive Runs Saved and -16 Outs Above Average over his past 1551 innings in the field. He’s not a skilled defender.

Even with those defensive shortcomings, Bell adds a legitimate bat to the middle of Minnesota’s order. He’s a durable veteran, having appeared in 91.5% of his teams’ possible games dating back to his first season as a full-time regular. That’s an average of better than 148 games per year, and it’s reasonable to expect at least 20 home runs based on his track record, with 25 to 30 not out of the question depending on the extent to which he can avoid falling into another grounder-heavy malaise.

Bell joins Byron Buxton, breakout rookie Luke Keaschall and catcher Ryan Jeffers in the top portion of a Twins lineup that’ll hope for better results from talented but inconsistent young hitters like Royce Lewis, Matt Wallner, Brooks Lee and (if he’s not traded) Trevor Larnach. Top prospects Walker Jenkins, Emmanuel Rodriguez and Kaelen Culpepper could force their way into the mix next season. Alan Roden will get another chance to prove his big Triple-A production can play in the majors, too.

The signing of Bell only reinforces the fact that despite a deadline fire sale, the Twins are intent on adding back to the roster in an effort to be as competitive as possible in 2026. President of baseball operations Derek Falvey plans to hold onto stars like Buxton, Joe Ryan and Pablo Lopez rather than trade them. The Twins were reportedly shopping in the middle tiers of the free agent market at first base, and they’ll presumably use some of the modest budgetary space granted by ownership to add some low-cost relievers as well.

Bell adds $5.75MM to the 2026 payroll, boosting the Twins just north of $100MM in the process, per RosterResource. Dan Hayes of The Athletic has previously reported that the front office has about $20MM to spend this winter. That should mean Falvey, GM Jeremy Zoll and the rest of the front office still have a around $15MM to help deepen the bullpen and perhaps the bench. Given that the Twins shipped out a stunning five relievers at July’s deadline, it seems fair to presume they’ll bring in multiple arms (though they already added one with November’s acquisition of Eric Orze from Tampa Bay).

Overall, payroll will still be down considerably from last year’s $142MM Opening Day mark and certainly from 2023’s franchise-record $153MM. Major additions on either side of the ball shouldn’t be expected. If the Twins compete next season, it’ll be due to big steps forward from in-house talents like Lee, Keaschall, Jenkins, Roden, Taj Bradley, Mick Abel and others. If they fall short of contending in a perennially competitive AL Central, then players like Bell and any of the forthcoming bullpen acquisitions could emerge as trade chips alongside Ryan, Lopez, Jeffers and others.

ESPN’s Jeff Passan first reported that the two sides had agreed to a one-year deal with a mutual option. Jon Heyman of the New York Post reported the $7MM guarantee. Bobby Nightengale of The Minnesota Star-Tribune had the salary structure.

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Minnesota Twins Newsstand Transactions Josh Bell

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Orioles Designate Josh Walker For Assignment

By Steve Adams and Charlie Wright | December 19, 2025 at 1:05pm CDT

The Orioles announced Friday that they’ve designated lefty Josh Walker for assignment. His spot on the roster will go to newly acquired right-hander Shane Baz, whose previously reported acquisition from the division-rival Rays is now official.

It’s the third DFA this offseason for Walker. Baltimore claimed him back in August and signed him to a major league contract in November. The club tried to get him through waivers on the guaranteed deal, but Atlanta claimed him anyway. The Braves then designated him for assignment in early December, and the Orioles snapped him up.

Walker has pitched in parts of three big-league seasons with the Mets and Blue Jays. He has a 6.59 ERA across 27 1/3 innings. The lefty has a decent 24.2% strikeout rate as a big leaguer, but it comes with a double-digit walk rate.

The 31-year-old Walker has shown some promise in the upper levels of the minors, particularly in the strikeout department. He struck out 33.3% of Triple-A hitters in 2023 while in the Mets’ system, then maintained a mark above 30% between two organizations in 2024. A 31.4% strikeout rate with Buffalo helped Walker earn a spot in Toronto’s bullpen this past season, and he picked up eight punchouts over five innings with the Blue Jays.

Baltimore has made a pair of notable additions to the bullpen this offseason, trading for Andrew Kittredge and signing Ryan Helsley. The club also worked out a new deal with Dietrich Enns. As things currently stand, Enns and Keegan Akin will serve as the primary lefties in the bullpen. Left-hander Grant Wolfram is also on the 40-man roster.

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Baltimore Orioles Transactions Josh Walker

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Giants Sign Adrian Houser

By Steve Adams | December 19, 2025 at 11:05am CDT

December 19th: The Giants have officially announced the Houser signing but haven’t yet announced a corresponding move.

December 16th: The Giants and righty Adrian Houser are in agreement on a two-year, $22MM contract, reports ESPN’s Jeff Passan. There’s a club option for a third season. Houser, a client of the BBI Sports Group, will presumably step right into San Francisco’s rotation next season after a rebound showing in 2025. The Giants, who also announced a one-year deal with former Tigers closer Jason Foley less than an hour ago, will need to free up a pair of 40-man roster spots, as they were already at capacity prior to either of those two agreements.

Houser, who’ll turn 33 in February, was a steady presence in the Milwaukee rotation for several years. From 2021-23, Houser started 68 games for the Brewers (in addition to five relief outings) and logged a 3.94 ERA. His 17.6% strikeout rate and 9.4% walk rate were both worse than average, but Houser piled up grounders at a 51.3% rate and managed to consistently avoid the long ball (0.83 HR/9).

The Brewers traded Houser to the Mets in the 2023-24 offseason, ahead of what was set to be his final season of club control. He struggled through his lone year in Queens (5.84 ERA in seven starts and 16 relief outings) before being designated for assignment and cut loose. He wound up settling for a minor league contract with the Rangers in free agency last winter. Texas didn’t bring him up to the big leagues prior to an opt-out date, so Houser returned to the market and signed a big league deal with the White Sox — a decision that now stands as a turning point in his career.

Houser hit the ground running and never looked back. In 11 starts with the ChiSox, he pitched 68 2/3 innings of 2.10 ERA ball. As was the case in Milwaukee, Houser posted a strikeout rate well shy of the 22% league average (17.1%), but he did so with better command (8% walk rate) and even fewer round-trippers (0.39 HR/9). Houser’s home run suppression didn’t seem sustainable; only 4.6% of the fly-balls he surrendered with the Sox turned into homers — miles south of the league-average 11.9% mark and his own career mark of 11.5%.

Following a trade to Tampa Bay, Houser indeed saw his home run luck run out. His homer-to-flyball rate jumped to 11.9%, and he averaged 1.12 homers per nine frames. The resulting 4.79 ERA was pretty closely in line with his 4.62 SIERA with Chicago. Still, Houser proved a durable source of innings down the stretch for the Rays, pitching 56 1/3 frames across 10 starts. Overall, he finished out the season with a 3.31 ERA, 17.8% strikeout rate, 7.3% walk rate, 48.9% ground-ball rate and 0.73 HR/9.

Houser will slot into new skipper Tony Vitello’s rotation behind Logan Webb, Robbie Ray and Landen Roupp. The Giants have a host of candidates for the fifth and final spot on the staff, including (but not limited to) Blade Tidwell, Carson Seymour, Kai-Wei Teng, Trevor McDonald, Hayden Birdsong and well-regarded prospect Carson Whisenhunt.

The Giants have been on the hunt for rotation help this winter, and while they’ve been connected to some of the more prominent names on the market, ownership has publicly expressed a reluctance to commit long-term to a starting pitcher. That’s made fits with pitchers like Tatsuya Imai, Framber Valdez and Ranger Suarez seem unlikely, though it’s at least plausible that the Giants could look to further augment their starting staff via the trade market or another shorter-term deal such as today’s Houser agreement.

Given Houser’s inconsistent track record, lack of missed bats and generally unsustainable level of home run suppression with the White Sox, it’s a fairly steep price for the Giants to pay. Then again, San Francisco’s Oracle Park is one of the most pitcher-friendly venues in the sport. Oracle Park is particularly tough on left-handed home run power, which dovetails nicely with Houser’s skill set. He held right-handers to an awful .249/.293/.320 batting line in 2025 (.234/.296/.339 career) but was tagged by lefties for a .274/.356/.456 batting line last season (and .282/.367/.456 for his career).

The addition of Houser pushes San Francisco to about $203MM of luxury tax obligations, per RosterResource. The Giants are more than $40MM shy of the $244MM first-tier threshold. However, while they’ve paid the tax in the past — doing so as recently as 2024 — it’s not clear whether they’re comfortable doing so in 2026. Ownership comments downplaying the possibility of adding additional long-term deals would suggest at least some trepidation about spending to those heights.

The Giants are still looking for help in the outfield, at second base and/or in the bullpen. While the top-end free agents to whom they were loosely linked earlier in free agency (e.g. Imai, Valdez) don’t seem like realistic targets, barring an about-face from ownership on the team’s stance regarding long-term commitments, there are still various avenues to pursue. Free agency offers no shortage of veteran hitters and relievers available on short-term deals, and San Francisco is reportedly among the teams most aggressively pursuing Cardinals infielder/outfielder Brendan Donovan.

President of baseball operations Buster Posey presumably has several more moves up his sleeve, and while the addition of Houser doesn’t necessarily raise the team’s ceiling much, it does boost the floor of a rotation that was pretty rife with question marks beyond the veteran Webb/Ray tandem up top.

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Newsstand San Francisco Giants Transactions Adrian Houser

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Phillies Sign Brad Keller

By Steve Adams | December 18, 2025 at 5:01pm CDT

December 18th: The Phils have officially announced their signing of Keller. According to The Associated Press, he receives a $4MM signing bonus and a $7MM salary for 2026, followed by an $11MM salary in ’27.

December 17th: The Phillies and right-handed reliever Brad Keller are in agreement on a two-year, $22MM contract, reports ESPN’s Jesse Rogers. The deal is pending a physical. Fansided’s Robert Murray first reported that the two parties were nearing an agreement. Keller, who is represented by Excel Sports Management, received some interest as a starter but will be used as a reliever in Philadelphia, per Joel Sherman of the New York Post.

Keller, 30, was a solid starter with the Royals early in his career after being picked up from the D-backs in the 2017 Rule 5 Draft. After a nice run of three seasons, his numbers took a sharp decline, due largely to the complete erosion of his command.

Keller walked a staggering 45 batters in 45 1/3 innings in 2023 and was subsequently diagnosed with thoracic outlet syndrome. He underwent surgery to alleviate the issue. A comeback effort in 2024 didn’t pan out well, as he pitched to a 5.44 ERA in 41 1/3 frames between the Red Sox and White Sox, but Keller completely remade himself as a high-end bullpen weapon with the Cubs in 2025 after signing a minor league contract.

In 69 2/3 innings this past season, Keller was dominant. His 2.07 ERA tied him for 13th-best among 147 qualified relievers. The 6’5″, 255-pound righty set down 27.2% of his opponents on strikes and notched a sharp 8% walk rate. Keller had sat 92-94 mph as a starter and even in bullpen work with the White Sox and Red Sox in ’24, but his sinker averaged a career-best 96.7 mph in 2025 and his four-seamer clocked in even higher at 97.2 mph. His 56.1% ground-ball rate was a career-best mark, and opponents had an extremely rough time squaring up any of his pitches. His 86.7 mph average exit velocity and 30.6% hard-hit rate were far and away the lowest marks of his career.

There are at least some modest red flags with regard to Keller. His 10.8% swinging-strike is actually below the league average and doesn’t support his well above-average strikeout rate. The quality of his stuff clearly improved, just as the quality of his opponents’ contact deteriorated, but it’s still unlikely that he’ll sustain a .243 average on balls in play over the course of a full season. However, even with some regression in terms of BABIP and strikeout rate, Keller still looks the part of a quality bullpen arm who’ll support an improved late-inning relief contingent for the next two seasons.

Keller should operate as a setup man to deadline acquisition Jhoan Duran, who came over from Minnesota in exchange for top prospects Eduardo Tait and Mick Abel. He’ll join righty Orion Kerkering and southpaws Jose Alvarado, Matt Strahm and Tanner Banks in what should be a formidable setup corps for manager Rob Thomson. There’s still room for the Phils to add another reliever if a deal to their liking presents itself, but they’re six-deep in largely established relief arms with Keller now in the fold.

The $11MM annual value of the contract pushes the Phillies from the third tier of luxury tax penalization to the fourth and final bracket, per RosterResource’s projections. They were already paying a 95% tax on subsequent additions and were about $7MM from the top tier. Keller places them about $4MM over that line. They’ll pay about $22MM for him this season (assuming an even $11MM per year distribution) rather than that $11MM surface value. Any subsequent additions to the payroll at this point will be taxed at the maximum 110% rate.

The Phillies have done a fair bit of offseason work already. They added outfielder Adolis Garcia on a one-year contract just yesterday and, prior to that, re-signed slugger Kyle Schwarber on a huge five-year, $150MM contract. The Phils could still poke around the bullpen market or look for a complementary right-handed bat to pair with Brandon Marsh in left field. Rotation depth could be an issue as well, depending on Zack Wheeler’s recovery from his own thoracic outlet procedure, so some modest depth adds could be on the horizon. The most notable issue for the club, however, is at catcher, where they’re still hoping to retain longtime backstop J.T. Realmuto. That’ll be top of mind until Realmuto signs, be it in Philadelphia or elsewhere.

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Newsstand Philadelphia Phillies Transactions Brad Keller

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Yankees’ Allan Winans Granted Release To Pursue Opportunity In Japan

By Steve Adams | December 18, 2025 at 12:35pm CDT

December 18th: Winans is signing with the Seibu Lions, according to various sources.

December 17th: The Yankees have granted right-hander Allan Winans his release so that he can sign with a team in Japan’s Nippon Professional Baseball, reports Joel Sherman of the New York Post. It’s not yet clear which team the 30-year-old righty will be joining. His release opens a spot on the Yankees’ 40-man roster, which is now down to 36 players.

Situations such as this one tend to benefit all parties. The Yankees will lose some depth, but Winans wasn’t a lock to last the whole offseason on their 40-man roster anyhow — particularly since he’s out of minor league options. Japanese teams typically pay a release fee of a few hundred thousand dollars to a player’s MLB club in order to facilitate the release. Winans, meanwhile, will earn far more pitching overseas than he would on a split big league deal that sees him oscillate between Triple-A and the majors.

Winans has pitched in each of the past three major league seasons, albeit sparingly. He’s totaled 49 1/3 innings between Atlanta and New York but been roughed up for a 7.48 ERA in that time. His track record in Triple-A is superlative, however. He’s spent parts of fours seasons between the Braves’ top affiliate in Gwinnett and the Yankees’ top affiliate in Scranton/Wilkes-Barre, combining for a 2.79 ERA with a 23.1% strikeout rate and 6.9% walk rate in 355 1/3 innings.

Despite that success at the top minor league level, Winans has been hit quite hard in the majors. The flat 90 mph he’s averaged on his four-seamer in the big leagues is well below the average in today’s era of increased velocity but is more common in NPB, where the average heater sits closer to 91 mph. Given his sharp command and strong track record in the minors, Winans should command a rotation spot in NPB and could fare quite well.

It’s increasingly common to see pitchers thrive overseas and come back to North America on notable free agent deals, though most typically throw harder than Winans. Pitching well in Japan could also position him to re-sign on a more lucrative deal in subsequent seasons. There are plenty of former fringe 40-man players in the majors who’ve gone overseas and enjoyed lengthy, lucrative careers pitching in NPB, the Korea Baseball Organization and/or Taiwan’s Chinese Professional Baseball League.

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New York Yankees Nippon Professional Baseball Transactions Allan Winans

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A’s, Joel Kuhnel Agree To Minor League Deal

By Steve Adams | December 18, 2025 at 11:48am CDT

The Athletics have agreed to a minor league deal with right-hander Joel Kuhnel, per the team’s transaction log at MLB.com. The Octagon client will compete for a bullpen spot during spring training.

Kuhnel has appeared in parts of four major league seasons. He’ll turn 31 in February. In 93 2/3 big league frames, he’s pitched to a 5.86 earned run average. That’s not an appealing mark, of course, but Kuhnel has averaged 95.6 mph on his four-seamer and 95.7 mph on his sinker in his career while regularly posting quality walk and ground-ball rates. His 18.7% strikeout rate is below-average, but he’s also walked only 5.9% of his career opponents and kept 52% of batted balls against him on the ground.

In 2025, Kuhnel split the season between the Triple-A affiliates for the Yankees and Phillies, pitching quite well in both spots. He combined for a 3.53 ERA in 63 2/3 innings of work with a 21.6% strikeout rate, 4.2% walk rate and massive 65.4% ground-ball rate.

Kuhnel has typically used his four-seamer and sinker at nearly even rates in the past but far more heavily favored his sinker in ’25, tossing it at a 37% clip to just an 18% usage rate on the four-seamer. That’s far and away the highest rate at which he’s ever used his sinker, and the corresponding ground-ball rate is a career-high as well. Keeping the ball on the ground should be paramount for any A’s pitcher, given the manner in which Sutter Health Park played like a launching pad this past season.

Kuhnel is out of minor league options, so if he’s selected to the big league roster at any point, he’ll need to stick or else be exposed to waivers before he can be sent back down. He’d have the right to reject a minor league assignment in favor of free agency even if he went unclaimed on waivers, too. The A’s should have plenty of innings up for grabs in the 2026 bullpen. Recent free agent acquisition Mark Leiter Jr. is the only reliever on the roster with even two years of major league service time.

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Athletics Transactions Joel Kuhnel

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KBO’s Doosan Bears Sign Chris Flexen, Zach Logue

By Steve Adams | December 18, 2025 at 10:49am CDT

Veteran right-hander Chris Flexen is headed back to the Doosan Bears of the Korea Baseball Organization, the team announced. The Bears also announced the re-signing former big league lefty Zach Logue. Flexen, a client of O’Connell Sports Management, is guaranteed $1MM. Logue, an MSM Sports Management client, is guaranteed $1.1MM.

Flexen, 31, parlayed his first KBO stint into a two-year, $4.75MM contract with the Mariners. That contract included a club/vesting option that Flexen vested at $8MM with a strong performance in 2021-22, when he tossed a combined 317 1/3 innings of 3.66 ERA ball. His 16.5% strikeout rate was well below average, but Flexen showed good command (6.8% walk rate) and did a decent job avoiding hard contact.

The 2023 season proved to be a nightmare. Flexen was rocked for a 7.71 ERA in 42 innings with the Mariners before being designated for assignment. He was traded to the Mets, but New York only took on his contract as a financial counterweight to add reliever Trevor Gott without giving up much in the way of a return. Flexen was immediately designated for assignment by the Mets, who released him the following week.

Flexen has since signed with the Rockies, White Sox and Cubs. He was hit hard in 12 starts for the Rox down the stretch in ’23 but still landed a big league deal with the White Sox the following offseason. The South Siders gave Flexen 30 starts, during which he was a durable fifth starter, logging 160 frames with a 4.95 ERA. The Cubs added Flexen ahead of the 2025 campaign, and while he pitched to a tidy 3.09 ERA in 43 2/3 frames there, the right-hander did so with a 12.4% strikeout rate. The Cubs released Flexen in August, and he didn’t sign anywhere down the stretch.

Overall, Flexen parlayed his strong 2020 season in South Korea into another 147 MLB games and 623 1/3 innings of 4.48 ERA ball. He earned more than $15MM along the way and will now head back to the Bears, for whom he previously notched a 3.01 ERA in 21 starts (116 1/3 innings pitched).

As for Logue, this’ll be his second straight season with the Bears. He racked up 176 innings out of the Doosan rotation in 2025, turning in a tidy 2.81 earned run average. Logue doesn’t throw hard — he averaged 90.3 mph on his heater during parts of three MLB seasons — or miss bats at a particularly high level, but he used strong command and ground-ball tendencies to navigate a hitter-friendly league quite nicely. He set down 21.6% of opponents on strikes against a 5.4% walk rate and with a 53.8% grounder rate.

Logue, 30 in April, was a 2017 ninth-rounder by the Jays, who flipped him to the A’s in their four-player package to acquire Matt Chapman. He lasted only one season (2022) in Oakland, stumbling to a 6.79 ERA in his first 57 MLB frames. He’s since made brief appearances with the Tigers and Dodgers. In 70 MLB innings, he has a 7.20 ERA, a 17.6% strikeout rate and a 6.9% walk rate. ESPN’s Jeff Passan notes that Logue at least explored the possibility of coming back to North America before re-signing in the KBO. Another strong season could put him in line for a major league look next winter, particularly if he adds some velocity and/or noticeably ups his strikeout and swinging-strike rates.

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Korea Baseball Organization Transactions Chris Flexen Zach Logue

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Angels Sign Angel Perdomo, Huascar Ynoa To Minor League Deals

By Steve Adams | December 18, 2025 at 10:37am CDT

The Angels have signed left-hander Angel Perdomo and righty Huascar Ynoa to minor league contracts, per Baseball America’s Matt Eddy. Both are former big leaguers and both will presumably be in major league camp next spring.

Perdomo, 31, has pitched in parts of four big league seasons — including a brief 2025 appearance with the A’s. He’s totaled 52 major league frames and has an ugly 5.54 ERA in that time, though there are plenty of under-the-hood numbers to like. The towering 6’8″ southpaw sits 94.1 mph with his heater and gets great extension on the pitch due to his long levers. He’s punched out a massive 34.2% of his opponents in the majors but also struggles to command those lanky limbs, evidenced by a career 16% walk rate.

In parts of five Triple-A seasons, Perdomo has a 3.74 ERA, 35.7% strikeout rate and 15% walk rate. That ERA is slightly skewed from a rough showing this past season (5.52 ERA in 14 1/3 innings) as he returned from Tommy John surgery that cost him the entire 2024 season and a portion of the ’25 campaign. Perdomo is just shy of three years of major league service. If he’s called to the big leagues at any point and pitches like he did in 2023 before blowing out his elbow (29 innings, 3.72 ERA, 37.6 K%, 9.4 BB%), the Halos would be able to control him for another three seasons. He’s out of minor league options though, so if the Angels do add him to the major league roster, he’ll have to stick or else be designated for assignment.

Ynoa, 27, was a notable international signing by the Twins as a teenager out of his native Dominican Republic, way back in 2014. The Twins eventually traded him to Atlanta in exchange for lefty Jaime Garcia. Ynoa made his big league debut with the Braves in 2019 but posted uninspiring numbers in brief looks in both ’19 and ’20.

In 2021, Ynoa looked the part of a potential breakout arm. He logged a 2.90 ERA through his first 11 starts and 62 innings but stumbled through a poor finish that bloated his season-long earned run average to 4.05. It was a solid showing for a then-23-year-old righty all the same, but injuries halted his development. Ynoa pitched only 6 2/3 innings in the majors in 2022. He struggled to a 5.68 in 77 2/3 Triple-A frames as well before undergoing Tommy John surgery that wiped out his entire 2023 campaign.

Upon returning in 2024, Ynoa’s struggles continued. He posted an ERA north of 6.00 in limited action and became a minor league free agent at season’s end. He then inked a minor league deal to go back to the Twins but was cut loose after five very rough minor league relief outings. Ynoa closed out the season pitching in the Mexican League, and he’s had a decent run in the Dominican Winter League this offseason (2.16 ERA, 18-to-10 K/BB ratio in 16 2/3 relief innings). Like Perdomo, Ynoa is out of minor league options, so if he makes the roster he’d need to stick or else be exposed to waivers in order to be sent back down.

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Los Angeles Angels Transactions Angel Perdomo Huascar Ynoa

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Giants, Gregory Santos Agree To Minor League Deal

By Steve Adams | December 17, 2025 at 3:30pm CDT

3:30pm: Santos will make $1.3MM if he cracks the roster, per Francys Romero of BeisbolFR.

9:30am: The Giants have agreed to a minor league deal with right-handed reliever Gregory Santos, as first reported by Mike Rodriguez. He’ll be in major league camp as a non-roster invitee next spring.

The 26-year-old Santos returns to the club with which he made his major league debut back in 2021. While he originally signed with the Red Sox as a teenager back in 2016, Santos was flipped to the Giants organization a year later as part of the team’s return for infielder Eduardo Nuñez. Santos spent four-plus seasons in the Giants’ system before making brief appearances in the majors in both 2021 and 2022. He wound up pitching only 5 2/3 innings as a Giant before being traded again — this time to the White Sox in exchange for minor league righty Kade McClure.

Santos was a key late-inning arm for the Sox in 2023, totaling a career-high 66 1/3 innings with a 3.39 earned run average, five saves and six holds. He fanned a solid 22.8% of his opponents, walked just 5.9% of the batters he faced and kept a hearty 52.8% of his opponents’ batted balls on the ground — all while averaging a blazing 98.9 mph on his sinker.

Santos spent only one season with the South Siders, who sold high and flipped him to the Mariners in exchange for a pair of prospects (outfielder Zach DeLoach and righty Prelander Berroa) as well as a Competitive Balance draft pick (used to select high school lefty Blake Larson). Santos spent parts of two seasons with the Mariners but only tallied 14 1/3 innings in the majors, as injuries repeatedly shelved him for extended periods of time. A significant lat strain, biceps inflammation and knee surgery combined to just 26 2/3 innings total — majors and minors combined — during his two seasons with the M’s, who non-tendered Santos last month.

If Santos is back to full health this spring, he’s a nice flier with a bit of upside to add to the bullpen competition. He won’t turn 27 until next August and was still sitting 98 mph with his sinker this past season, even amid the ongoing injury woes. Santos doesn’t miss bats at a plus level like one might expect from someone with his huge velocity, but he’s shown the ability to limit walks and rack up grounders at a high clip. If he’s added to the big league roster at any point, Santos still has a minor league option remaining and is under club control via arbitration for at least three more seasons.

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Chicago White Sox Transactions Gregory Santos

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