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Cubs To Sign Phil Maton

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Free agent reliever Phil Maton is signing with the Cubs, reports Michael Cerami of Bleacher Nation. It’s a two-year pact with a club option for a third year, reports Will Sammon of The Athletic. The team has yet to announce the deal.

Maton split last season between the Cardinals and Rangers. He joined St. Louis on a one-year, $2MM deal and pitched well for the first half of the season. After 38 1/3 innings of a 2.35 ERA, the Cardinals shipped him to Texas at the trade deadline for minor league pitchers Mason Molina and Skylar Hales. Maton’s ERA rose to 3.52 with his new team, but he upped his strikeout rate to 36.7% and picked up three saves over 23 appearances.

Chicago will be Maton’s eighth team in 10 big-league seasons. He was drafted by the Padres in 2015. Eye-popping strikeout numbers helped the righty zoom through San Diego’s system, and he reached the big leagues by 2017. Maton delivered decent contributions with the Padres in his first two seasons, though he missed time with a lat strain in 2018. After a half-season spent bouncing between the Padres and Triple-A El Paso the following year, Maton was dealt to Cleveland for cash.

Maton flashed the swing-and-miss upside he had shown in the minors for the first time at the big-league level with Cleveland. He posted a 33.3% strikeout rate across 23 games in the shortened 2020 season, then pushed it to 34.3% in the first half of 2021. Maton was on the move again at the 2021 trade deadline, heading with Yainer Diaz to Houston for Myles Straw. The deal turned out to be a big win for the Astros, even before factoring in Diaz’s contributions. Maton compiled a 3.67 ERA across 157 innings with Houston through 2023. He was phenomenal during the 2021 playoffs, allowing just one earned run in 12 games. Maton secured three holds in the postseason that year, including two in the World Series.

Maton hit the open market following the 2023 season and landed in Tampa Bay on a one-year, $6.5MM deal. He struggled with the Rays and ended up getting dealt to the Mets in early July. Maton put together 28 2/3 innings of a 2.51 ERA in New York, but stumbled in the postseason. The veteran was knocked around for six earned runs in 6 1/3 innings in the playoffs, including four home runs.

Velocity isn’t Maton’s strong suit, as his fastball barely cracks 90 mph. The veteran has found success by leading with his curveball and mixing in cutters and sinkers. Maton has used the hook as his primary pitch in two of the last three seasons. He threw it 38.2% of the time last year, and it recorded a healthy +10 run value. Maton’s cutter, curveball, and sweeper all had whiff rates above 32% last season.

Maton has excelled at limiting hard contact at every stop. He’s limited hitters to a 29.9% hard-hit rate for his career. Maton ranked in the 98th percentile or better in hard-hit rate, barrel rate, and average exit velocity last season.

With Brad Keller hitting free agency and Andrew Kittredge traded to Baltimore, Chicago had a clear need for a righty at the backend of the bullpen. Daniel Palencia will likely resume closer duties after battling injuries at the end of last season, but Maton should factor into the late-inning mix alongside Porter Hodge. FanGraphs’ RosterResource tool has the Cubs’ payroll at around $177MM for 2026. The club has been above $200MM the past two seasons, so there could be more room to add in the bullpen. Luke Little and Jordan Wicks don’t have a ton of big-league experience between them, so pursuing a veteran southpaw might make sense.

Photo courtesy of Jerome Miron, Imagn Images

National League Non-Tenders: 11/21/25

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

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

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

Latest On Kyle Tucker’s Market

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We’re still in the nascent stages of the MLB offseason, with only a handful of notable free-agent signings and trades thus far. Still, with the GM Meetings now in the rearview mirror, teams have laid a fair bit of groundwork for the weeks and months ahead, both on the free agent and trade markets. Kyle Tucker stands as the offseason’s top free agent, and while there’s no indication he’s close to signing, there are also some hints falling into place about his potential market.

ESPN’s Jeff Passan wrote this week that some rival teams feel the Blue Jays are the likeliest landing spot for the four-time All-Star. They’ve been a popular speculative pick early on after a deep World Series run and with only one other major long-term commitment (Vladimir Guerrero Jr.) on the books. Of course, Bo Bichette could be the priority, and it’s rare for any team to sign two free agents of that magnitude in a single offseason.

Tucker is a prominent enough star that some unexpected suitors figure to jump into the fray. Ken Rosenthal of The Athletic wrote this morning that while the Orioles are prioritizing pitching this winter, they haven’t ruled out a run at Tucker. Having already acquired Taylor Ward from the Angels, the addition of Tucker would free Baltimore to dangle young outfielders Colton Cowser and Dylan Beavers on the trade market in hopes of securing some controllable arms. There are quite a few pitchers of note who could be on the block this winter, and both Cowser and Beavers would intrigue clubs looking to move arms. Both are former first-round picks. Cowser has four more seasons of club control, while Beavers only debuted late in 2025 and thus has a full slate of six years of club control remaining.

Baltimore stands as a fascinating fit. President of baseball operations Mike Elias was the Astros’ scouting director when Tucker was selected with the No. 5 overall pick. The O’s don’t have anything on the books long-term, other than Samuel Basallo’s eight-year, $67MM extension. That $8.375MM annual value isn’t going to be stand in the way of any other long-term deals. Beyond Basallo, Tyler O’Neill is the only other player signed to a guaranteed deal beyond the 2026 season. His three-year, $49.5MM contract runs through 2027.

The Orioles’ long-term financial outlook is so clean that there’s no true impediment to them signing Tucker and a notable a free agent starter. That’s not to say such a scenario is likely, of course, but Baltimore’s 2026 payroll currently projects for about $105MM, per RosterResource, and that’s before potential non-tenders or trades of Ryan Mountcastle ($7.8MM projected salary), Keegan Akin ($3MM projection), Yennier Cano ($1.8MM projection) and/or Alex Jackson ($1.8MM projection) prior to tomorrow’s 5pm ET non-tender deadline.

Depending on what happens with the Orioles’ arbitration class, they could realistically see next year’s projected payroll drop into the $93-100MM range by tomorrow evening. The opened the 2025 season with a payroll around $164.5MM. We’re certainly not accustomed to seeing Baltimore spend like this, but this is also only the second offseason under new owner David Rubenstein. Elias has already publicly stated that he is “fully prepared” to sacrifice draft picks by signing free agents who rejected qualifying offers, and for all the focus on pitching, it was reported more than a month ago that the O’s also covet an impact bat — likely in the outfield.

None of this is intended to frame the Orioles as any sort of favorite to sign Tucker, to be clear. Far from it. However, the fit and logic behind it are probably more sensible than one might think at first glance.

Other clubs will still loom in the market. Passan cites the Phillies as a possible landing spot, should Kyle Schwarber sign elsewhere. The Yankees have been linked to both Tucker and a Cody Bellinger reunion. GM Brian Cashman indicated this week that Trent Grisham’s decision to accept his qualifying offer will not impact the team’s pursuit of Bellinger. Presumably, then, that thinking extends to Tucker as well. The Dodgers have also been linked to Tucker, though Passan doubles down on his prior reporting that their interest would “likely” be on a shorter-term but high-AAV deal — the type we rarely see taken by the consensus top free agent in a given offseason.

Cubs Select James Triantos, Pedro Ramírez, Riley Martin

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The Cubs announced that they have selected infielders James Triantos and Pedro Ramírez as well as left-hander Riley Martin. Those three are now protected from being selected in next month’s Rule 5 draft. The club’s 40-man roster count is now at 32.

Triantos, a second-rounder out of high school in 2021, has been one of the more promising pure hitters in the system for the past few seasons. His stock is down after a poor season with Triple-A Iowa. Triantos only managed a .259/.315/.370 slash over 480 trips to the plate. He continued to put the ball in play at a high rate but without much authoritative contact. He hit seven homers and posted well below-average exit velocities. Triantos stole 31 bases while bouncing between second base and the outfield, so perhaps he can factor in as a utility piece in 2026.

Ramírez, a 21-year-old infielder out of Venezuela, is now the superior prospect in the eyes of Baseball America. He’s the only member of this trio to crack Chicago’s top 10 prospects on their recent update of the system. He’s a switch-hitting second/third baseman who batted .280/.346/.386 while stealing 28 bags in 563 plate appearances at Double-A Tennessee this year. Ramírez is also light on power but has excellent contact skills. He’ll probably get the bump to Iowa to begin 2026.

Martin is an Illinois native who was a sixth-rounder in 2021 out of Division II Quincy University. The 6’1″ southpaw has spent the past two seasons pitching out of the bullpen in Triple-A. He fired 63 2/3 innings of 2.69 ERA ball with a near-31% strikeout rate over 47 appearances. Martin struggles with walks and dished out free passes at a 13.4% clip. He works with a 94 MPH fastball and uses a mid-80s curveball as his favored secondary pitch.

Nine Players Reject Qualifying Offer

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The deadline to accept the qualifying offer has passed. Four players — Trent Grisham, Gleyber Torres, Brandon Woodruff, and Shota Imanaga — chose to accept the one-year, $22.025MM deal and remain with their current clubs. The remaining nine players rejected the deal. They are: Cubs outfielder Kyle Tucker, Phillies DH Kyle Schwarber, Blue Jays infielder Bo Bichette, Astros lefty Framber Valdez, Padres righty Dylan Cease, Phillies lefty Ranger Suarez, Mets closer Edwin Diaz, Diamondbacks righty Zac Gallen, and Padres righty Michael King. All nine are now free agents.

There’s not much surprise in any of the nine players who rejected. Tucker, Schwarber, Bichette, Valdez, Cease, Suarez and Diaz were all locks. Gallen may have given some brief thought to accepting after a rough showing in 2025, but he finished strong and has a track record as a high-end starter who’s garnered multiple top-five finishes in NL Cy Young balloting. King was hobbled by nerve and knee injuries in an odd season but was dominant in 2023-24 and through the first two months of the current season. He was healthy late in the year and fanned three in his lone inning of postseason work. He’ll test the waters in search of a multi-year deal as well.

Now that this nonet has rejected qualifying offers, they’ll all be subject to draft compensation. Interested teams will need to surrender a draft pick (or multiple picks) and, in some cases, space from their bonus pool for international amateurs in order to sign any of this group. The extent of that draft compensation depends on the revenue-sharing and luxury tax status of the new team. MLBTR broke down which pick(s) each club would forfeit by signing a “qualified” free agent last month.

Similarly, the compensation for each player’s former club is dependent on revenue-sharing and luxury tax status — as well as the size of the contract signed by the player in question. MLBTR also ran through the compensation each team would receive if their qualified free agents turned down the offer and signed elsewhere.

Shota Imanaga To Accept Cubs’ Qualifying Offer

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Shota Imanaga will be returning to the Cubs, as The Athletic’s Patrick Mooney reports that the left-hander has accepted the team’s one-year, $22.025MM qualifying offer.  The surprising decision means that Imanaga stays put after his time in Wrigleyville seemed to be over, following a series of declined contract options on the part of the Cubs and Imanaga himself.

The four-year, $53MM deal that Imanaga signed with Chicago in January 2024 guaranteed Imanaga $23MM over the first two seasons, and this offseason presented both sides with decisions.  The Cubs had to decide whether or not to exercise a three-year option on Imanaga’s services that would’ve paid him $57.75MM over the 2026-28 seasons, and the team decided to decline.  Imanaga then had a $15.25MM player option for just 2026 that he also declined, even though exercising that option would’ve then created a $42.5MM club option for the Cubs for next winter covering the 2027-28 seasons that (if declined) would’ve created a $15.25MM player option for Imanaga for 2027.

The Cubs issued Imanaga the qualifying offer to ensure some compensation if Imanaga signed elsewhere, yet as it turned out, Imanaga will indeed take a one-year pact to remain, with roughly $7MM added beyond the price of his player option.  He would’ve locked in at least $30.5MM for himself by exercising his player option and generating that other player option for next winter, so he is currently leaving $8.475MM on the table given how this rather complicated situation turned out.

A 2026 season more in line with Imanaga’s impressive 2024 rookie campaign will easily land a multi-year contract worth far more than $8.475MM next winter, even though the lefty turns 33 in September.  He’ll be able to re-enter next year’s free agent market without the QO compensation attached to his services.  This removes one obstacle for Imanaga in free agency next winter, but more consistency on the mound will be the deciding factor.

Imanaga posted a 3.73 ERA, 20.6% strikeout rate, and an elite 4.6% walk rate over 144 2/3 innings for Chicago this season.  Apart from his great control and the solid bottom-line ERA, the rest of Imanaga’s peripherals were almost all well below the league average.  The problems included a lot of hard and high-impact contact, as only three pitchers allowed more home runs than Imanaga’s 31 big flies in 2025.

A hamstring strain cost Imanaga most of May and June, but he still managed a 2.40 ERA over his first 75 innings of the year before things started to turn in the second half.  Twenty of Imanaga’s 31 home runs allowed came during his last 69 2/3 innings of the season, resulting in a 5.17 ERA.  Things didn’t get any better in the playoffs, as the southpaw posted an 8.10 ERA and gave up three more homers in 6 2/3 frames of postseason work.

These issues with the long ball were also apparent in Imanaga’s 2024 season, if not to the same extreme level.  He also allowed less hard contact and had a solid 25.1% strikeout rate, while delivering a 2.91 ERA over 173 1/3 innings.  This excellent debut season earned Imanaga a fourth-place finish in NL Rookie of the Year voting, a fifth-place finish in Cy Young Award voting, and his first All-Star nod.

Given how well Imanaga was seemingly adjusting to the big leagues over his first season and a half, it seemed like a lock that the Cubs were going to exercise their options to keep Imanaga in the fold through 2028.  However, his rough finish to the season seemingly changed the Cubs’ mind about such a substantial commitment.

Likewise, Imanaga and his reps at Octagon could’ve been concerned over how the market would react to his homer-heavy final 69 2/3 innings.  MLB Trade Rumors ranked Imanaga 22nd on our list of the offseason’s top 50 free agents and projected him for a three-year, $45MM deal, but Imanaga and his reps at Octagon might have viewed the qualifying offer as an impediment to an acceptable contract.  If Imanaga was going to have to settle for a short-term “prove it” type of deal anyway, accepting the QO allows him to aim for a bounce-back season in a familiar environment, and for a bigger one-year average annual value.

Returning to the Cubs also allows Imanaga to play for a team that should again be playoff contenders.  Starting pitching should still continue to be a need for Chicago even with Imanaga back, but at least one box has now been checked off of the team’s rotation plans.  Imanaga joins Matthew Boyd, Cade Horton, Jameson Taillon, and Colin Rea in the projected starting five, with Justin Steele theoretically able to return from a UCL revision surgery relatively early in the 2026 campaign.  Javier Assad and Ben Brown are also on hand, but the Cubs will want to bolster this group with at least one more reliable starter, given how the team didn’t trust its depth (including Imanaga) during the postseason.

Inset photo courtesy of Kamil Krzaczynski — Imagn Images

Cubs Among Teams Interested In Michael King

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The Cubs are in the market for notable rotation upgrades this offseason, and right-hander Michael King is among the names on their radar, per Patrick Mooney and Sahadev Sharma of The Athletic. Mooney and Sharma also double down on the Cubs’ previously reported interest in Dylan Cease, noting that the Cubs are willing to forfeit the requisite draft pick and international funds to sign a player who has rejected a qualifying offer (which both Cease and King received from the Padres).

King, 31 next May, has had an atypical arc over the past few seasons. A swingman and multi-inning reliever for several years in the Bronx, he moved into the Yankees’ rotation late in the 2023 season and posted brilliant results in nine starts down the stretch. New York shipped him to San Diego as part of the Juan Soto blockbuster of the 2023-24 offseason, and King subsequently broke out as one of the top starters in MLB, starting 30 games for the Friars and turning in a 2.95 ERA with a hearty 27.7% strikeout rate against a solid 8.7% walk rate.

It was more of the same early in 2025. King sprinted out of the gates with a 2.59 ERA and even better rate stats (28.4 K%, 7.6 BB%) in his first 10 starts. By late May, he’d claimed the No. 6 spot on our Free Agent Power Rankings here at MLBTR. A nine-figure free agent deal seemed all but certain — provided King stayed healthy.

That proved to be a major caveat. The Padres placed King on the 15-day IL in late May with what was originally termed inflammation in his right shoulder. San Diego later called it a pinched nerve in his shoulder, but it wasn’t expected to be a prominent injury … at least not at first. King, however, wound up spending nearly three months on the shelf. In late June, King publicly voiced frustration with the injury, noting that there were days where he was in significant discomfort and could barely muster any baseball activity — and that he’d wake up a day later feeling close to 100% and ready to go.

King finally returned the mound in early August, giving the Padres hope that he’d be back atop their rotation down the stretch. His return lasted all of two innings, however — but not due to his previously problematic shoulder. Rather, King landed back on the 15-day IL due to a left knee issue that popped up in his return effort. An MRI revealed no structural damage, and King hoped to be back after a minimal stint but still wound up sidelined for another month.

King returned for good in early September, but his results in four starts were rocky. He pitched just 15 2/3 innings and yielded 10 runs on 18 hits (including six homers) with an 11-to-7 K/BB ratio. Brilliant as his start to the season was, King pitched a total of 17 2/3 innings with a 6.11 ERA following May 18. He made one appearance with San Diego in the postseason, pitching one inning of relief — and striking out the side in a perfect frame.

There’s little doubting that King is among the most talented arms in the sport, but his platform year before free agency finished with more of a whimper than a roar. The Padres seemingly don’t have any qualms about his health. They issued him a $22.025MM qualifying offer despite having minimal payroll flexibility this winter. San Diego would presumably be thrilled to have King back, given the need in their rotation, but they’re reportedly aiming for a similar payroll to 2025 and King accepting the QO would put them about $10MM over where they sat in ’25. If the Padres had major concerns about his shoulder and/or knee, they likely wouldn’t have risked the QO — particularly since their compensation for him signing elsewhere will only be a pick after the fourth round (rather than after the first) due to their status as a luxury tax payor.

King isn’t necessarily the sole focus of the Cubs’ hunt for rotation upgrades (nor is Cease). The Athletic duo note that Chicago has some interest in star NPB righty Tatsuya Imai and they could rekindle last offseason’s trade talks with the Marlins about their starting pitchers. Imai will be posted for major league teams next week. Marlins ace Sandy Alcantara is signed through 2026 with a club option for 2027, while 27-year-old righty Edward Cabrera is controlled via arbitration through 2028. It’s still possible that lefty Shota Imanaga returns, whether via accepting his own QO or perhaps working out a new two-year deal.

The Cubs currently project for a payroll of about $158MM, per RosterResource, which sits around $50MM shy of their end-of-season levels in 2025. They’re nowhere close to the luxury tax, currently sitting close to $75MM shy of next year’s $244MM first-tier threshold. Shortstop Dansby Swanson is currently the only Cubs player who’s guaranteed anything beyond the 2026 season. His seven-year, $177MM contract runs through 2029. There’s quite literally no free agent the deep-pocketed Cubs can’t afford to pursue, so the only limitations on their winter additions will be self-imposed if the bidding reaches a point that’s too far beyond the comfort zone of either the front office or owner Tom Ricketts.

Latest On Cubs, Shota Imanaga

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The Cubs are headed into this offseason prioritizing pitching additions, as president of baseball operations Jed Hoyer told reporters (including Robert Murray of FanSided) yesterday. Hoyer noted that the club already has “a lot of position players,” which will lead them to prioritize giving a boost to both the rotation and bullpen.

It’s not necessarily a shocking update. While star outfielder Kyle Tucker’s free agency leaves a hole in the middle of Chicago’s lineup, it’s long seemed as though he was likely to end up elsewhere upon reaching free agency given the Cubs’ hesitance when it comes to giving out top-of-the-market contracts. Jason Heyward’s $184MM contract signed back during the 2015-2016 offseason remains the largest deal in Cubs history, and Tucker is expected to at least double that figure. While Hoyer told Murray that he’ll “be talking to” Tucker’s representation and was effusive in his praise of the four-time All-Star, a focus on pitching makes more sense given that hesitance to spend at the top of the market and Chicago’s roster outlook.

The Cubs already have everyday players locked into the majority of the spots on their roster. Nico Hoerner and Dansby Swanson are one of the league’s top middle infield duos, Ian Happ is the franchise’s longest-tenured player who just earned his fourth consecutive Gold Glove in left field, while Michael Busch and Pete Crow-Armstrong have cemented themselves as core pieces at first base and in center field. Seiya Suzuki is also sure to be in the lineup on an everyday basis, whether that’s in right field or as the team’s DH. Things seem more or less settled behind the plate as well after a career year for Carson Kelly, with Miguel Amaya and Reese McGuire both in the fold to help back up the veteran as well.

If the Cubs were going to make an addition to the lineup, adding a corner outfielder or DH (wherever Suzuki isn’t playing) or a third baseman would make the most sense. Even then, however, the Cubs have a group of up-and-coming young position players who could get full-season looks next year like Matt Shaw, Owen Caissie, Moises Ballesteros, and Kevin Alcantara. Shaw’s 93 wRC+ in 126 games last year, including a 130 wRC+ after the All-Star break, makes it easy to justify giving him runway at the hot corner next year. While none of Caissie, Ballesteros, or Alcantara has received substantial playing time in the majors yet, between the three of them it’s not unreasonable for Chicago to think they could mostly handle one spot in the lineup.

By contrast, the pitching staff clearly needs work. Shota Imanaga is now a free agent, and with Justin Steele’s return date uncertain coming off Tommy John surgery the only pitchers locked into rotation spots for Opening Day next year are mid-rotation veterans Matthew Boyd and Jameson Taillon as well as Rookie of the Year runner-up Cade Horton. Even among that group, there’s some red flags. Boyd has a lengthy injury history and only just enjoyed his first healthy season since 2019. Horton ended the season on the injured list and missed nearly all of 2024 due to a shoulder strain. Taillon missed around two months due to calf and groin issues. While players like Colin Rea and Javier Assad are viable starters in their own right, they’re best served as swing options.

That leaves room for a rotation addition or two, and there’s plenty of interesting arms who could make an impact for the Cubs this winter. Dylan Cease and Framber Valdez might price themselves out of the Cubs’ comfort zone, but either would still be far less expensive than Tucker. Chicago has done well courting NPB talent in the past, so perhaps right-hander Tatsuya Imai could be a fit. Ranger Suarez, Michael King, Brandon Woodruff, and Zac Gallen are among the many names who the Cubs could look to bring into the fold.

That doesn’t mean a reunion with Imanaga can be ruled out, however. The Cubs extended the southpaw a qualifying offer at the outset of the offseason last week, and he’ll need to decide in the coming days whether or not to accept that one-year, $22.05MM offer. Jon Heyman of the New York Post writes that Imanaga is expected to decline that offer, but that wouldn’t necessarily rule out a return even if he does so. Bruce Levine of 670 The Score suggests that the sides could look to reunite on a two-year deal this winter, which could come either before or after the QO deadline next week.

Reuniting with Imanaga would be a gamble, given the uncertain nature of Wrigley Field’s park factors and Imanaga’s struggles with keeping the ball in the park. Even so, however, it’s at least plausible that being attached to draft pick compensation dampens Imanaga’s market enough that a return to the Cubs makes sense for him. Chicago seems unlikely to participate in a bidding war for his services after declining a three-year, $54MM option on his services at the outset of the offseason, but if Imanaga were considering accepting the QO a two-year deal could theoretically allow the Cubs to lower the hit they’ll face for luxury tax purposes while also creating some additional security for Imanaga.

As for the bullpen, the Cubs are in need of reinforcements there most of all. Brad Keller, Drew Pomeranz, Caleb Thielbar, and Andrew Kittredge were all key high leverage arms for the team this season but are no longer with the club; the former three are free agents, while the latter was traded to Baltimore to avoid the buyout on his club option. That leaves Chicago with little certainty in the bullpen outside of Daniel Palencia, but reporting has suggested they won’t be very involved on top free agent relief arms like Edwin Diaz and Devin Williams. That still leaves a number of interesting veterans who could be had a one- or two-year deals, however, like Kenley Jansen and Pete Fairbanks.

MLBTR Podcast: Surprising Option Decisions, Qualifying Offers, And Paul DePodesta

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

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

Check out our past episodes!

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

Photo courtesy of Kiyoshi Mio, Imagn Images

Drake Baldwin Wins National League Rookie Of The Year, Earns Braves PPI Pick

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Braves catcher Drake Baldwin is the 2025 National League Rookie of the Year, the Baseball Writers Association of America announced. Cade Horton of the Cubs and Caleb Durbin of the Brewers finished second and third in the voting, respectively. Baldwin’s win will net Atlanta a bonus draft pick after the first round in 2026, via the Prospect Promotion Incentive. Horton earns a full year of service time from his top two finish. The full voting results can be found here.

Baldwin came into the year as one of the top prospects in baseball. Since he finished the 2024 season at Triple-A, he had a shot at a big league job to start 2025. However, Atlanta was set to open the season with Sean Murphy as the primary backstop. Rather than be a backup at the major league level, there was an argument for Baldwin to stick at Triple-A and get regular reps.

In early March, Murphy suffered a rib fracture, an injury with a timeline of four to six weeks. That opened the door for Baldwin to get an Opening Day job. He hit well in the spring and Atlanta added him to the roster prior to Opening Day. Though Murphy got healthy by early April, Baldwin had already started producing and he never really stopped. The two shared the catching duties fairly evenly for a few months, though Murphy returned to the injured list in September due to a right hip labral tear.

Baldwin finished the year with 446 plate appearances over 124 games. He hit 19 home runs and slashed .274/.341/.469 for a wRC+ of 125. That means he was 25% better than the league average hitter, though that’s even further above par for a catcher. Most outlets considered his defense to be a bit below average, but not by much. FanGraphs credited him with 3.1 wins above replacement on the year.

While Baldwin’s win is surely gratifying for him personally, it also benefits the team. The current collective bargaining agreement introduced measures to combat service time manipulation. If a team promotes a top prospect early enough for him to earn a full service year, then that player meets certain awards criteria, the team is awarded with an extra pick just after the first round in the next draft. Since Baldwin was a consensus top prospect who was up all year, his Rookie of the Year win gives Atlanta a PPI bonus pick in 2026.

Horton also came into the season as one of the top prospects. He had finished 2024 at Triple-A but with just five appearances at that level. He was sent back to Triple-A to start 2025 but the Cubs needed rotation help fairly early on, as Justin Steele and Shota Imanaga were both on the injured list by early May.

Horton was called up on May 10th. He stayed up with the club the rest of the way, though a rib fracture put him on the injured list late in September. He finished the season with 118 innings pitched, having allowed 2.67 earned runs per nine.

There was probably some luck in there. Horton’s 20.4% strikeout rate was subpar, though his 6.9% walk rate was good and his 42.3% ground ball rate right around average. His .258 batting average on balls in play and 78.3% strand rate were both to the fortunate side. ERA estimators like his 3.58 FIP and 4.26 SIERA feel his ERA should have been around a run higher, though the performance was still good enough for a second-place finish in the voting.

That is significant for Horton, as there’s a flipside to the aforementioned PPI bonuses for teams. If a top prospect is not promoted early enough in the season to get a full service year, he can earn one retroactively with a top-two finish in the Rookie of the Year voting. Horton only earned 142 service days this year, 30 shy of the 172 needed for a full season, but this vote result will get him bumped up to the one-year mark. That means he will be on pace to become a free agent after 2030 instead of 2031.

Durbin was not a top prospect to open the year, meaning PPI wasn’t a factor for him, but he had a good season regardless. Acquired from the Yankees last offseason, he was called up in April and took over the third base job in Milwaukee. He appeared in 136 games and stepped to the plate 506 times. He hit just 11 home runs and didn’t walk much but rarely struck out, leading to a .256/.334/.387 line and 105 wRC+. He also stole 18 bases and was credited with five Defensive Runs Saved and two Outs Above Average at the hot corner.

Several other players also received some recognition from the voters. Isaac Collins of the Brewers finished fourth, followed by Daylen Lile of the Nationals, Agustín Ramírez of the Marlins, Chad Patrick of the Brewers, Jakob Marsee of the Marlins, Jack Dreyer of the Dodgers, Matt Shaw of the Cubs, Jacob Misiorowski of the Brewers, Nolan McLean of the Mets and Heriberto Hernández of the Marlins.

Photo courtesy of Geoff Burke, Jordan Godfree, Isaiah J. Downing, Jeff Hanisch, Imagn Images

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