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2025 Rule 5 Draft Results

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The 2025 Rule 5 draft is taking place this afternoon at the Winter Meetings in Orlando. This post will be updated with the results as they come in.

As a refresher, the Rule 5 draft is a way for players potentially talented enough for the big leagues but blocked by their current clubs to find opportunities elsewhere. Any players that were 18 and under at the time of their original signing and went professional in 2021, and any players who turned pro at 19 years of age or older in 2022, are eligible to be selected in the Rule 5 draft if they are not on a 40-man roster.

Though the amateur (Rule 4) draft now has a lottery to determine the selection order, the Rule 5 draft still goes the old-fashioned way of reverse order of standings from the season that just ended. Clubs need to have an open 40-man roster spot in order to make a pick but aren’t obligated to make a selection on their turn. If they do make a pick, they will have to pay $100K to the team they select from. The selected players must stay on the active roster (or injured list) for the entire 2026 season or else be placed on waivers. If they clear waivers, they must be offered back to their original team. They cannot be optioned to the minors.

Players like Anthony Santander and Ryan Pressly have been notable picks in other recent years while guys like George Bell and Roberto Clemente are found deeper in the history books. Last year, 15 players were selected. Only four of those remain with the club who selected them and only three of those have had their rights fully transferred to their new club. The White Sox took Shane Smith from the Brewers. The Marlins took Liam Hicks from the Tigers. Mike Vasil was taken by the Phillies from the Mets but was later traded to the Rays and then went to the White Sox via waivers.

The one other pick from last year’s draft which is still live is Angel Bastardo, who the Blue Jays took from the Red Sox. He was recovering from Tommy John surgery and spent the entire 2025 season on the injured list. He is still on Toronto’s 40-man but they don’t yet have his full rights, as a player needs at least 90 active days to remove the Rule 5 restrictions. If the Jays are willing to roster him for about three months during the 2026 season, they could then gain his full rights and option him to the minors. All other picks were eventually returned to their original organization and/or became free agents.

This year’s picks will be featured below as they come in…

  1. Rockies: RHP RJ Petit (from the Tigers) (Eric Longenhagen of FanGraphs was on this before the official announcement)
  2. White Sox: RHP Jedixson Paez (Red Sox)
  3. Nationals: RHP Griff McGarry (Phillies)
  4. Twins: C Daniel Susac (Athletics) (Susac was then traded to the Giants, per Longenhagen. The Twins will get minor league catcher Miguel Caraballo in return, per Bobby Nightengale of The Minnesota Star Tribune)
  5. Pirates: RHP Carter Baumler (Orioles) (The Pirates then traded Baumler to the Rangers for RHP Jaiker Garcia. Evan Grant of the Dallas Morning News previously suggested Texas would likely get Baumler)
  6. Angels: pass
  7. Orioles: pass
  8. Athletics: RHP Ryan Watson (Giants) (Will be traded to Red Sox, per Chris Cotillo of MassLive. The A’s will get Justin Riemer in return, per Cotillo.)
  9. Braves: pass
  10. Rays: pass
  11. Cardinals: RHP Matt Pushard (Marlins)
  12. Marlins: pass
  13. Diamondbacks: pass
  14. Rangers: pass
  15. Giants: pass
  16. Royals: pass
  17. Reds: pass
  18. Mets: pass
  19. Tigers: pass
  20. Astros: RHP Roddery Muñoz (Reds)
  21. Guardians: RHP Peyton Pallette (White Sox)
  22. Red Sox: pass
  23. Mariners: pass
  24. Padres: pass
  25. Cubs: pass
  26. Dodgers: pass
  27. Blue Jays: RHP Spencer Miles (Giants)
  28. Yankees: RHP Cade Winquest (Cardinals)
  29. Phillies: RHP Zach McCambley (Marlins)
  30. Brewers: pass

Second round (all others passed)

Photo courtesy of Mike Watters, Imagn Images

Pirates, Reds Among Teams Interested In Brandon Lowe

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The Rays are known to be listening to offers on second baseman Brandon Lowe, whose $11.5MM club option was picked up by the team at the start of the offseason. Lowe will be a free agent next winter. The Pirates have inquired about Lowe, per MLB Network’s Jon Morosi, and the Reds have also discussed the slugging second baseman, per Ken Rosenthal and Will Sammon of The Athletic.

The 31-year-old Lowe has been a consistently above-average hitter throughout his big league tenure, dating all the way back to his MLB debut in 2018. That includes 2025, when Lowe belted 31 home runs in just 134 games. The lefty-swinging slugger turned in an overall .256/.307/.477 batting line. While his 6.9% walk rate was the lowest of his career, Lowe’s 91.1 mph average exit velocity and 46.4% hard-hit rate were some of the best he’s posted in his eight major league seasons.

Over the course of those eight big league campaigns, Lowe is a .247/.326/.481 hitter with 157 home runs, 126 doubles, 12 triples, 33 steals, a 9.4% walk rate and a 27.3% strikeout rate. He’s typically graded out as a solid defensive second baseman, though he was dogged by both Defensive Runs Saved (-14) and Statcast’s Outs Above Average (-13) during the 2025 season. It bears mentioning that he missed time with ankle and oblique injuries in ’25, either of which could have impacted him defensively. Those maladies only added to a relatively lengthy injury history; Lowe has also missed time due to multiple back injuries, a bone bruise in his shin and a fractured kneecap.

Pittsburgh stands as a clean and obvious fit. The Bucs are looking for power bats to add to the lineup, and Lowe has plus power from the left side — a key distinction for Pirates targets, as PNC Park is the toughest environment in MLB for right-handed home run power. It’s a pitcher-friendly venue in general, but left-handed power isn’t suppressed nearly as much as right-handed pop.

The Pirates lack a clear option at second base. Former top-10 pick Nick Gonzales hasn’t hit in parts of three big league seasons, slashing just .257/.300/.375. Even if the Pirates want to give him another look, it could come at another position. Gonzales played a career-high 109 innings at shortstop last year and has dabbled at third base. Nick Yorke, another former first-rounder (2020) whom Pittsburgh acquired from the Red Sox in exchange for Quinn Priester, has struggled in a small sample of 33 MLB games. Former top prospect Termarr Johnson had a nice season in Double-A last year but is just 21 years old and has yet to play at the Triple-A level. Lowe could serve as a bridge for Johnson, the No. 4 overall pick back in 2022.

It’s been an uncharacteristically aggressive offseason for the Pirates, even if their efforts in free agency have yet to bear fruit. They were reportedly willing to offer Josh Naylor around $80MM and put forth a franchise-record $120-125MM offer to Kyle Schwarber before he agreed to return to the Phillies on a five-year, $150MM deal. Adding Lowe in a trade with Tampa Bay wouldn’t be as big a splash but could provide some of the thump the Bucs are known to seek as they look to provide support for their terrific young rotation. Given that the Bucs were willing to go those reported lengths on Naylor and especially Schwarber, Lowe’s $11.5MM salary shouldn’t be any kind of deterrent.

For the Reds, Lowe isn’t quite as clean a fit — at least not at second base. Cincinnati hopes that former first-round pick and fifth-place Rookie of the Year finisher Matt McLain can bounce back after a brutal 2025 showing. McLain hit .290/.357/.507 with 16 homers and 14 steals in only 89 games as a rookie in 2023 before missing the 2024 season due to shoulder surgery. He returned in 2025 but mustered only a .220/.300/.343 line in 147 games.

Even with McLain likely taking some of the time at second base, there could be room for Lowe. First and foremost, McLain has a full slate of minor league options remaining. Cincinnati could try to get him back on track in Triple-A Louisville if he struggles next spring. Lowe also has experience in left field and at first base. Plus, either player could slot in for occasional DH work. McLain is a talented defender, but some relative “downtime” at DH could conceivably keep him healthier. He made only three DH appearances this past season.

One outside-the-box possibility for the Rays and their longtime second baseman could hinge on Tampa Bay’s interest in Diamondbacks star Ketel Marte. The Rays have inquired with the Snakes about Marte, according to The Athletic, and one scenario they’ve considered could send Brandon Lowe to Arizona as part of that return. Tampa Bay would surely need to add immediate rotation help and likely some prospect value as well in order to even get the D-backs to consider the possibility.

The Diamondbacks have repeatedly downplayed the swirling spate of trade rumblings surrounding Marte, who is signed for another six years and $102.5MM. General manager Mike Hazen has publicly called a trade “unlikely” but acknowledged that he never outright dismisses interest in any player. He’ll always hear teams out as a matter of diligence. Hazen has also contended that teams have inquired on Marte repeatedly over the past several offseasons, but that attention simply hasn’t generated as much public chatter as it has this time around. Still, the Rays make for an interesting entrant into the bidding, if only because their perennial payroll concerns make them an unexpected landing spot for a player with more than $100MM still remaining on his contract.

There are plenty of interconnected pieces at play with regard to the Rays, Pirates, Reds and D-backs in all these trade scenarios. The Reds, Rosenthal and Sammon note, also have interest in Marte. As with Tampa Bay and Pittsburgh, they have plenty of affordable young pitching to dangle in trade talks. The Diamondbacks are loath to part with Marte, but the Reds, Pirates and Rays have deeper stocks of pitching to try to persuade Arizona than many of their rivals throughout the league.

Orioles Made $150MM Offer To Kyle Schwarber

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The first major free agent chip fell this morning with Kyle Schwarber returning to Philadelphia on a five-year, $150MM deal. The reunion seemed likely from the start, though the slugger had several other suitors, including at least one willing to match the $150MM price tag. Ken Rosenthal of The Athletic reported the Orioles offered Schwarber the same deal he ultimately accepted with the Phillies.

President of baseball operations Mike Elias has made it clear the team is looking for an impact bat, even after acquiring Taylor Ward. The Orioles still have a significant gap between last year’s payroll and their financial outlook for next season, giving them the potential flexibility for a large expenditure. The club has already spent some money this offseason, though it’s all gone to the bullpen. Baltimore added Ryan Helsley on a two-year, $28MM deal and picked up the $9MM option on Andrew Kittredge after acquiring him from the Cubs.

Camden Yards would’ve been a fun fit for Schwarber. Statcast’s Park Factors ranked it as the third-best home run venue for left-handed hitters. Citizens Bank Park tops the list, so Schwarber isn’t missing out on much by spurning the Orioles.

Baltimore will now turn its attention to the remaining free agent bats, including Pete Alonso. The Orioles and Red Sox are expected to meet face-to-face with the former Met this week. Baltimore’s lineup is strong up the middle and behind the plate, but there should be room to make additions at the corners and DH. Youngsters Samuel Basallo and Coby Mayo will likely factor in at first base and DH, but they wouldn’t preclude the club from adding a player like Alonso. Rosenthal noted the club is also considering Kyle Tucker in its pursuit of an elite hitter.

Pittsburgh’s interest in Schwarber was met with skepticism, but the club came through with a legitimate offer. Rosenthal had the Pirates’ proposal at four years and $120MM, while Alex Stumpf of MLB.com reported the club offered $125MM. Pittsburgh’s offer either met or exceeded the Philles’ deal in terms of average annual value, according to those reports. The fifth year could’ve been the trump card, but it’s hard to scoff at an offer worth upwards of $30MM per season.

Landing Schwarber for anywhere near those reported numbers would have easily set a franchise record for a free agent signing. The current mark is $39MM for Francisco Liriano in 2014. Pittsburgh’s last multi-year signing was a three-year deal with Ivan Nova heading into the 2017 campaign.

GM Ben Cherington previously touted the team’s increased financial flexibility this offseason, and the front office is doing what it can to make a big splash. Pittsburgh was also in on Josh Naylor before he re-signed with Seattle. Stumpf noted that the club will now turn its attention to another former Mariner, Jorge Polanco. The Pirates are expected to have an offer to him soon, per Stumpf.

Cincinnati had been connected to Schwarber given its proximity to his hometown. Rosenthal had the Reds’ offer at five years, but closer to $125MM. C. Trent Rosecrans of The Athletic reported that Schwarber and his wife met with Cincinnati brass before Thanksgiving.

Unlike the Orioles and Pirates, the Reds are not expected to redirect the money offered to Schwarber elsewhere. Their pursuit of the slugger was driven by the idea that signing him would benefit ticket sales, per Rosenthal. Schwarber is from Middletown, Ohio, less than an hour from Great American Ball Park.

Photo courtesy of Bill Streicher, Imagn Images

Royals, Reds Among Teams With Interest In Jake Meyers

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The Astros are known to have made center fielder Jake Meyers available in trade conversations as they pursue starting pitching. Brian McTaggart of MLB.com reports that the Reds, Royals, Dodgers and White Sox are among the clubs that have shown interest.

Meyers, 29, is an excellent defender who is coming off the best season of his career at the plate. He hit .292/.354/.373 with a personal-best 17.6% strikeout rate. He made dramatically more contact while cutting his chase rate on pitches outside the strike zone. Meyers had entered the season with a career .228/.292/.371 batting line. This year’s production was mostly supported by the process improvements, but that came in a fairly small sample. Meyers took fewer than 400 plate appearances thanks to a right calf injury that nagged him throughout the second half.

Even if Meyers regresses offensively, his glove is good enough to make him a useful player at the bottom of a lineup. He’d be one of the better all-around center fielders in MLB if he can maintain a league average bat. Meyers also chipped in on the bases with a career-high 16 steals in 21 attempts this year. He’s under arbitration control for two seasons. MLBTR contributor Matt Swartz projects him for a $3.5MM salary that makes him a strong asset — particularly with a dearth of free agent options at the position.

Kansas City is seeking multiple outfielders, one of whom they hope to acquire on the trade front. President of baseball operations J.J. Picollo has already said he’s open to dealing from his rotation for outfield help. Left-hander Kris Bubic has been floated as a trade candidate, though he’s a tricky player to value after suffering a season-ending rotator cuff injury. Bubic pitched like a #2 caliber starter before the shoulder injury but has a history of arm issues. He’s projected for a $6MM salary and is a year from free agency. 26-year-old Noah Cameron could also be available in the right deal, but the Royals would have a high ask for six years of his services.

Cincinnati doesn’t need a center fielder, as TJ Friedl is already locked into the position. They saw righty-hitting outfielder Austin Hays hit free agency, though, and they don’t have anyone established in left field. The Reds arguably have a rotation surplus as well and could entertain offers on veteran righty Brady Singer, though his $11.9M arbitration projection could be rich for Houston. The Reds are unlikely to part with two years of control over lefty Nick Lodolo for Meyers.

The Dodgers don’t have anyone established in center field. Andy Pages could slide over to left, where there’s an opening. Tommy Edman can play center field or second base. The Dodgers are reportedly reluctant to block any of their top outfield prospects with a long-term free agent signing. Meyers makes sense as a trade target. Los Angeles presumably wouldn’t trade Roki Sasaki, Emmet Sheehan or Justin Wrobleski for Meyers, so it might be difficult to line up a deal.

It’s even more challenging to see a fit on the White Sox. Chicago is still firmly in rebuild mode and unlikely to compete for a playoff spot within the next two seasons. They’re light on established starting pitching and shouldn’t be trading controllable arms for short-term help. It’s tough to see a deal coming together even if the Sox like Meyers as a player quite a bit.

Reds Re-Sign Emilio Pagán

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December 4th: The Reds officially announced the Pagán signing today.

December 3rd: The Reds are reportedly bringing back closer Emilio Pagán on a two-year, $20MM contract. The deal, which is pending a physical, allows the Ballengee Group client to opt out after next season. Cincinnati’s 40-man roster count will climb to 39 once the signing is finalized.

Pagán returns on another two-year deal after one of the best seasons of his career. The Reds surprisingly signed him to a $16MM contract over the 2023-24 offseason. There was obvious risk in adding a fly-ball pitcher to work in high-leverage spots at one of the sport’s most hitter-friendly parks. Pagán didn’t post great numbers and missed a couple months with a lat injury in 2024, so he had an easy call to bypass an opt-out and return to Cincinnati.

This year went a lot more smoothly. Pagán took over the closer role from Alexis Díaz and recorded a career-high 32 saves. He did blow six save chances but had a strong season overall, pitching to a 2.88 earned run average across 68 2/3 innings. He punched out 30% of opponents against a solid 8.1% walk rate. Pagán avoided any injuries and pitched well against left- and right-handed batters alike. He got swinging strikes at a strong 14.6% clip while sitting in the 95-96 MPH range with his fastball.

Pagán has always had an elite strikeout and walk profile. He hasn’t had the year-by-year consistency of the sport’s best closers, though. The fly-ball approach still leaves him vulnerable to the home run ball. Pagán has only had one season in his nine-year career in which he has allowed fewer home runs than the average reliever. He has surrendered 85 home runs since entering the league in 2017. That’s 19 more than any other reliever over that stretch.

The longball is always going to be an issue, but Pagán sticking around as a high-leverage reliever despite the homers is a testament to his effectiveness in other areas. He’s a reliable control artist with above-average velocity. His splitter gives him an option to attack opposite-handed hitters, while he mixes in a cutter as his main offspeed pitch versus righty batters. Pagán has generally been durable outside of the aforementioned lat strain. He has topped 50 innings in every other full schedule of his career, including six years with 60+ frames.

Pagán’s strong walk year earns him a nice contract for his age 35-36 seasons. The guarantee narrowly beats our two-year, $16MM prediction. Pagán also gets the upside of the out clause, which allows him to get back to free agency if he has an equally strong ’26 season. Another two-year deal at age 36 would be rare but not unprecedented, so it’s not out of the question that he pitches well enough to consider that route.

Assuming Terry Francona slots Pagán back in the ninth inning, he’ll pitch behind a solid setup group that includes Tony Santillan, Connor Phillips and Graham Ashcraft. Cincinnati should add a left-hander at some point. The only southpaw who’d be in their bullpen at the moment is Sam Moll, who was up and down from Triple-A Louisville throughout the year.

Cincinnati has $32.275MM in guaranteed contracts to six players: Pagán, Hunter Greene, Ke’Bryan Hayes, Jose Trevino, Ben Rortvedt, and Moll. They owe $15MM in dead money ($12MM salary and a $3MM option buyout payable after the World Series) to Jeimer Candelario. Cincinnati has a sizable arbitration class which MLBTR contributor Matt Swartz projects to cost around $45MM. They’d owe another $8-10MM in minimum salary players, which puts their current commitments in the $100-105MM range. President of baseball operations Nick Krall said he expects payroll to be around the $116MM at which they opened the 2025 season.

That’d leave them with roughly $15-20MM to spend. They’re in the market for an impact bat and reportedly trying to bring Kyle Schwarber back to the Cincinnati area. That would surely cost more than $20MM annually. It’s possible ownership would make an exception for someone like Schwarber or Pete Alonso. The front office could also look to trade a player or two from the arbitration class to free up more spending capacity if they feel they’ve got a strong chance to sign an elite hitter.

Ken Rosenthal and C. Trent Rosecrans of The Athletic first reported that the Reds and Pagán had reached a two-year, $20MM deal with an out. Image courtesy of Imagn Images.

Latest On Kyle Schwarber’s Market

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The Reds remain in the market for Kyle Schwarber, writes Mark Sheldon of MLB.com. That has been a frequent connection because Schwarber grew up a Reds fan not far outside Cincinnati. The club also needs to add an impact bat, though it remains to be seen if they’re willing to make a competitive offer.

Cincinnati finished 14th in MLB in scoring despite playing in one of the sport’s most hitter-friendly venues. They had a .245/.315/.391 slash line and finished 21st in home runs. Elly De La Cruz was the team leader with 22 homers, and their only two hitters who slugged at least .450 in more than 100 plate appearances (Miguel Andujar and Austin Hays) are free agents. The Reds need offense generally and would benefit from a power bat in particular.

Schwarber is the best slugger available. He’s coming off a 56-homer season in which he hit .240/.365/.563 while starting all 162 games for the Phillies. He hasn’t hit fewer than 30 homers in a full season since 2018 and is tied with Shohei Ohtani for second in MLB (behind Aaron Judge) in longballs over the last four years.

Cincinnati doesn’t have anyone locked into the everyday DH role. They’ll probably want to give 22-year-old Sal Stewart more time to see if he can be a serviceable defender at first base. Spencer Steer could play left field more frequently or simply be shopped in trade if the Reds were to add Schwarber (or Pete Alonso, a long speculated potential fit).

While it’s a clear fit from a roster perspective, it’d require an unusually bold commitment from ownership. Schwarber is expected to handily surpass a $100MM guarantee and could land $30MM+ annually. The Reds have given out two nine-figure contracts in franchise history: $225MM for Joey Votto and $105MM to Homer Bailey. Those were both extensions. Their largest free agent deals were the matching four-year, $64MM terms to Nick Castellanos and Mike Moustakas. Those $16MM average annual values were the most for any multi-year free agent signing. Schwarber might require twice that amount.

President of baseball operations Nick Krall said last month that the Reds expect to run a similar payroll to this past season’s level. They opened ’25 with a payroll around $116MM. They have around $40MM in guaranteed contracts but have a hefty arbitration class that MLBTR contributor Matt Swartz projects to cost roughly $45MM.

Filling out the roster with players making the league minimum would leave them with roughly $20-25MM to spend. They’ll certainly add a bat of some significance, but a Schwarber signing might require ownership to push the budget beyond where they seemingly prefer to set it. The other option would be to shed money from the arbitration class by shopping one or more of Brady Singer ($11.9MM projection), Tyler Stephenson ($6.4MM), Gavin Lux ($5MM), TJ Friedl ($4.9MM), Nick Lodolo ($4.3MM) or Steer ($4.5MM).

In a less obvious connection, Jon Morosi of The MLB Network relayed this morning that the Giants have also been in contact with Schwarber’s camp. That’s a much more difficult fit from a roster perspective. San Francisco has Rafael Devers under contract through 2033. Even if they’re confident he’ll be a capable everyday first baseman, they’d need at-bats at designated hitter for top first base prospect Bryce Eldridge. There’s an argument for the Giants to bring in a short-term first baseman/DH to give the 21-year-old Eldridge more time in Triple-A, but that wouldn’t apply to a four- or five-year contract for Schwarber.

The Giants presumably wouldn’t have any interest in using Schwarber as an everyday outfielder. There’d only be any kind of fit if they trade Eldridge for a starter. They’ve already downplayed their desire to make a nine-figure commitment to a starter despite calling pitching their top priority. It’d be a huge surprise if they committed that kind of money to a DH.

Schwarber rejected a qualifying offer, so whichever team signs him will forfeit draft compensation. Philadelphia has made no secret of their desire to bring him back. The Orioles and Red Sox are both in the market for an impact bat and have shown interest, while the Pirates have been mentioned as an extreme long shot after making an unsuccessful attempt to lure Josh Naylor away from Seattle.

Reds Notes: Lineup, Free Agent Pursuits, De La Cruz

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The Reds enter this offseason on the heels of a playoff berth that ended almost as quickly as it came, having been swept by the eventual World Series champion Dodgers in two games during the NL Wild Card series. There’s still reason for optimism headed into next year thanks to a fantastic rotation led by Hunter Greene and Andrew Abbott, but Cincinnati’s offense could clearly use some help. It can be hard for a team with the Reds’ small market budget to make substantial upgrades via free agency, but Ken Rosenthal, Will Sammon, and Katie Woo of The Athletic write that the club can be flexible as it tries to upgrade the lineup thanks to their existing players’ significant positional versatility.

According to Rosenthal et al., the Reds’ lineup only has three truly locked down positions as things stand: recently acquired third baseman Ke’Bryan Hayes and star shortstop Elly De La Cruz are locked into the left side of the infield, and Noelvi Marte appears to be set as the club’s everyday right fielder going forward. Setting catcher (where the trio of Tyler Stephenson, Jose Trevino, and Ben Rortvedt seem fairly entrenched) aside, that leaves two outfield spots, two infield spots, and the DH slot for a host of players to jockey for playing time in. Spencer Steer, Sal Stewart, Matt McLain, Gavin Lux, TJ Friedl, Will Benson, and Christian Encarnacion-Strand makes seven players currently on the roster for five spots in the lineup, before any external additions. Steer and Friedl seem like the best bets of that group to be locked into regular playing time, though Stewart will surely get an extended opportunity as well coming off an impressive cup of coffee in the big leagues down the stretch.

Friedl has been one of Cincinnati’s best hitters in recent years. While he was limited to just 85 games by injuries in 2024, he earned some down-ballot MVP consideration for a four-win 2023 season where he hit 18 homers, stole 27 bases, and posted a 117 wRC+ in 138 games. This past year saw him look more or less recovered from his injury-plagued 2024, hitting .261/.364/.372 with less power and speed than he flashed in 2023 but a career-best 11.8% walk rate to make up for it. Friedl’s .364 on-base percentage ranked 17th in the majors among all qualified hitters this year, and he’s sure to be an asset to the Reds’ offense whether he ultimately ends up in left field or center field. Steer, meanwhile, has been more of a league average hitter in the past two seasons after enjoying a strong 2023 season, but has average 21 homers and 16 steals over the past three seasons.

Rosenthal et al. suggest that Steer could wind up at either first base or in left field, while Stewart could play either first or second base. With Friedl capable of playing either open outfield spot, Lux experienced at both second base and in left field, and McLain able to handle both the keystone and center, there’s plenty of room for moving parts in the Reds’ lineup. That’s good news for a team that needs to add offense, as the Reds can afford to be opportunistic and not worrying as much about positional fit. If an infielder like Jorge Polanco becomes available, it would be easy enough for the Reds to simply plug him into second base, leaving McLain and Lux to move around the diamond in utility roles while Stewart takes over first base, Steer slides to left and Friedl handles center. Alternatively, a first baseman like Ryan O’Hearn could push Stewart over to second, or an outfielder like Cedric Mullins could push Steer to first base.

Speculatively speaking, that would appear to leave McLain, Lux, Benson, and Encarnacion-Strand without a position headed into 2026, although Rosenthal et al. did suggest the possibility that Benson could platoon with an outfielder acquired in free agency, which could be sensible if the Reds were to land a right-handed bat with significant platoon splits like Rob Refsnyder. Keeping those players in the fold as depth to protect against injuries and under-performance would be a valid path to take for the Reds, though it’s also possible that a trade or two could be made at some point this winter that would help to thin the glut of positional talent jockeying for playing time.

Even as the team looks for external help in the lineup, there’s reason to believe improvements could be on the horizon internally next year, as well. Manny Randhawa and Mark Sheldon of MLB.com recently relayed comments from club GM Nick Krall regarding De La Cruz’s health this offseason. While Krall had previously suggested that De La Cruz played through a “partial tear” of his quadriceps late in the 2025 season, he later clarified that it was actually a quad strain that De La Cruz was dealing with. Quad strains are defined as a partial tear of the muscle, but Krall noted that his wording suggested the injury was more severe than it actually was.

Whatever the specifics of De La Cruz’s injury may have been, the fact that he was playing through something helps to explain his repeated defensive miscues at shortstop in the final months of the 2025 campaign, as well as his lackluster .236/.303/.363 slash line after the All-Star break this season. That creates some reason for optimism that De La Cruz will be able to rebound and turn in a performance closer to his 2024 form (when he hit 25 homers, stole 67 bases, and finished 8th in NL MVP voting) next year. For a Reds club that seems unlikely to broach the top of the market for hitters like Pete Alonso and Kyle Schwarber, having De La Cruz performing at a star level to anchor the lineup is all the more important.

Reds Re-Sign Carson Spiers To Minor League Deal

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The Reds announced they’ve re-signed righty Carson Spiers to a minor league contract with an invite to big league camp. Spiers will not be able to pitch in Spring Training anyhow, as he’s working back from July elbow surgery that’ll cost him most of the ’26 season.

Spiers was one of three players, along with Will Banfield and Roddery Muñoz, whom the Reds dropped from the roster at last week’s non-tender deadline. Spiers had technically been designated for assignment a few days earlier as Cincinnati created space to add three Rule 5 eligible prospects to the 40-man roster. They waited until the non-tender deadline to resolve the DFA, which meant they didn’t need to expose him to waivers. That’s a common tactic for teams to try to re-sign those players to minor league deals, keeping them in the organization without requiring a 40-man spot.

The 28-year-old Spiers has pitched in each of the past three big league seasons. He’s a depth arm who has started 14 of 29 career outings. Spiers carries a 5.69 earned run average across 117 innings. His 19.3% strikeout percentage and 9.4% swinging strike rate are each middling and he’s had a difficult time keeping the ball in the park. Most of Spiers’ big league experience came in 2024, as shoulder and elbow injuries cost him almost all of last season.

While Spiers has yet to find much in the way of MLB success, he owns a decent 4.08 ERA in almost 400 minor league innings. He has fanned nearly a quarter of opponents against an 8.9% walk rate. Spiers sits around 92 MPH with his four-seam and sinker while using three more pitches (sweeper, cutter and changeup) with regularity. He’ll remain with the organization that initially signed him as an undrafted free agent in 2020 and attempt to pitch his way back onto the roster once he has put the elbow injury behind him.

National League Non-Tenders: 11/21/25

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

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

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

Players Avoiding Arbitration: 11/21/25

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

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

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

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

Photo courtesy of William Liang, Imagn Images

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