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Michael King

Mets Notes: King, Senga, Scott, Minter, Alonso

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The Mets were linked to Michael King’s market earlier this week, and the team’s interest is developed enough that the two sides had a video meeting, the New York Post’s Joel Sherman reports.  Sherman adds that King’s past experience pitching in New York with the Yankees is a plus for the Mets, and the likelihood that King will sign a somewhat shorter-term contract matches the Amazins’ preference to avoid long-term commitments to pitchers.

MLB Trade Rumors did project King for a four-year, $80MM deal, while ranking the right-hander 14th on our list of the winter’s top 50 free agents.  At least eight other teams besides the Mets have been connected to King, so it’s possible there’s enough interest for King to lock in a four-year guarantee just because frontline pitching is such a valued asset.  That said, the 2024 season represents King’s only full season as a starter, as he was limited to 15 starts and 73 1/3 innings with the Padres last season due primarily to a pinched nerve in his shoulder, and then a bout of knee inflammation.

King felt confident enough in his market to reject San Diego’s qualifying offer, and so any team that signs the righty will have to cough up some kind of draft compensation.  For a luxury tax-paying team like the Mets, the penalty for signing a qualified free agent is particularly steep, as New York would have to surrender $1MM in international bonus pool money as well as their second- and fifth-highest picks in the 2026 draft.

There has been speculation that King might be open to accepting a shorter-term contract with an opt-out clause or two, perhaps so he could re-enter the market as soon as next winter on the heels of a healthy and productive season.  Giving up two picks for just one year of King carries some risk for the Mets even if that would fit their short-term window, and if King has a good enough year that he’s willing to opt out, that’s also a boost to the pitching staff.  Given how New York’s rotation was beset by injuries in 2025, the Mets would probably prefer to add a pitcher with more of a proven track record of durability, but acquiring such a player could come with a higher price tag of years or money.

Speaking of the Mets’ injury-plagued rotation, president of baseball operations David Stearns gave a few updates on the staff while speaking with SNY’s Ben Krimmel, MLB.com’s Anthony DiComo (multiple links), and other reporters at the Winter Meetings.  Perhaps the most noteworthy update focused on Kodai Senga, who Stearns said is feeling “as good physically as he has since that 2023 season.”  The executive called this “the most encouraging development we’ve had in terms of our offseason player progression,” and said Senga was planning to return to the U.S. from Japan to throw around the end of December.

After bursting onto the MLB scene with a fantastic 2023 campaign, Senga pitched in just one game in 2024, and then more injuries and a downturn in form led to the righty tossing just 113 1/3 frames for the Mets this past season.  Senga got off to a terrific start in 2025 but never seemed the same after a month-long stint on the IL due to a hamstring strain.  After posting a 5.90 ERA over what ended up being his final 39 2/3 MLB innings of the season, Senga agreed to be optioned to Triple-A in September, and he allowed five earned runs over two starts and 9 2/3 innings with Syracuse.

Reports indicate that the Mets are open to trading Senga, and moving on from the last two years and $28MM of his contract.  For his part, Senga wants to stay with the Mets, and his 10-team no-trade clause gives him some degree of control over his fate.  Considering how the Amazins need pitching themselves, simply keeping Senga is also certainly an option, especially if the club is encouraged that he’ll be able to stay healthy.  Then again, Stearns’ comments may also be read as an executive perhaps trying to calm any doubts about Senga’s health in order to help facilitate a trade.

In other rotation news, Stearns said Christian Scott will be fully ready for the start of Spring Training.  Scott underwent a Tommy John/internal brace hybrid procedure in September 2024 that kept the right-hander sidelined for the entirety of the 2025 campaign.  This absence made Scott a bit of a forgotten man behind other highly-touted Mets pitching prospects, yet it wasn’t long ago that Scott was himself a well-regarded arm who made a rapid climb up the minor league ladder.  Scott made his MLB debut in 2024, posting a 4.56 ERA over nine starts and 47 1/3 innings before being sidelined by injury.

A.J. Minter is also returning from a season-ending surgery, as the reliever’s 2025 campaign was cut short by a torn lat muscle in May.  The lengthy rehab process could extend into the 2026 season, as Stearns said it isn’t a guarantee that Minter will be ready by Opening Day, though Minter isn’t expected to miss much time if he does need to begin the year on the injured list.

The Mets have gotten little return on last offseason’s two-year, $22MM investment in Minter, and it isn’t great that there’s still a question mark hanging over his immediate availability for 2026.  The veteran southpaw’s 2024 campaign was also hampered by hip problems that eventually required a season-ending surgery, so it has been some time since Minter was fully healthy.  Between Minter’s status and the free agency of Edwin Diaz and several other members of the 2025 relief corps, it is no wonder that New York continues to be focused on more bullpen additions, beyond their three-year deal with Devin Williams.

Stearns also addressed Pete Alonso’s upcoming visit to the Winter Meetings, as Alonso (who lives in Tampa) is expected to head to Orlando to conduct in-person meetings with the Orioles, Red Sox, and any other teams interested in his services.  While the Mets remain interested in re-signing the Polar Bear, Stearns said “I think Pete knows us really well, and I think we know Pete really well.  I think he’ll take the time here to perhaps meet with organizations he doesn’t know quite as well, and I’m sure we’ll be in touch.”

Latest On Michael King’s Market

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Michael King is one of the bigger risk-reward plays in the starting pitching class. He’s arguably a top 10 pitcher in MLB when healthy but is coming off a platform season that was wrecked by a nerve injury in his throwing shoulder. He’s also attached to draft compensation after rejecting a qualifying offer from the Padres.

That hasn’t deterred plenty of teams from expressing interest. King was already known to be a target for the Cubs, Tigers and Yankees, while even the Marlins checked in as a long shot suitor. Mark Feinsand of MLB.com and Joel Sherman of The New York Post each write that the Mets are involved. Feinsand adds the Orioles, Angels and incumbent Padres as teams on the periphery of the market. Sherman reports that the Red Sox have also shown interest in the 30-year-old righty.

King converted to the rotation late in the 2023 season as a member of the Yankees. He pitched well enough to stick as a starter after being traded to San Diego as the centerpiece of the Juan Soto deal. King finished seventh in NL Cy Young voting in 2024, pitching to a 2.95 ERA while striking out 201 batters over 31 appearances. He’d pitched even better over the first six weeks of the ’25 campaign. King reeled off 10 starts with a 2.59 earned run average and punching out 28% of opponents before the injury.

Durability is the big question. The shoulder issue wasn’t structural but proved a lot more problematic than initially expected. He wound up missing almost three months and showed signs of rust when he returned late in the season. King gave up 12 runs while tallying all of 17 1/3 innings over five starts in the second half. His velocity was fine but he only managed 12 strikeouts while issuing nine free passes.

King appeared on track for a nine-figure contract amidst his hot start. That’s tougher to envision now, as the 2024 campaign remains the only season in which he has reached even 105 innings. That’s largely because of his usage with the Yankees, but he also missed a couple months in 2021 with a finger injury and suffered a season-ending elbow fracture the following year.

MLBTR predicted King to receive a four-year, $80MM contract. It’s also possible he prefers a two- or three-year deal with an opt-out to get back to free agency next winter. King declined the straight one-year qualifying offer, but a multi-year deal with an out clause would give him a little more security than the QO would have provided. Jeff Passan of ESPN wrote this morning that King is willing to sign for a shorter term than the top free agent arms (e.g. Framber Valdez, Tatsuya Imai, Ranger Suárez). That wouldn’t necessarily rule out a four-year deal, as the best starters are expected to command five or six-year contracts. Dylan Cease already pulled a seven-year guarantee.

The Mets should come away with a mid-rotation or better arm via free agency or trade. They stayed away from the top of the rotation market last winter. That worked out early in the year but collapsed down the stretch. Only the Rockies, Nationals and Angels had a higher second-half ERA from their rotation than the Mets’ 5.31 mark. Nolan McLean looks like a budding frontline starter, but he’s their only pitcher who allowed fewer than 4.20 earned runs per nine after the All-Star Break.

Baltimore, Boston, San Diego and the Angels have all been in the rotation market. The Red Sox should probably focus elsewhere after acquiring Sonny Gray and Johan Oviedo in trade. The Angels have landed a pair of starters this offseason as well, but Grayson Rodriguez and Alek Manoah both have significant health questions. They still need a starter and are also in the mix for Zac Gallen. The O’s are involved on Valdez and Suárez; no pitcher seems to be off the table for them. The Padres are unlikely to spend what it’d take to bring King back, though they’ll need multiple rotation adds after also losing Cease to free agency and Yu Darvish to elbow surgery.

Tigers Have Interest In Michael King

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The Tigers have expressed interest in free agent starter Michael King, reports Evan Petzold of The Detroit Free-Press. King has also been tied to the Yankees, Cubs, Blue Jays and Marlins — though the latter two teams are unlikely fits. Toronto is probably done adding to the rotation now that they’ve agreed to a three-year deal with Cody Ponce. Miami has bigger priorities on the infield and in the bullpen and always seemed a long shot to spend at this level.

King is coming off an injury-shortened season in which he was limited to 15 starts. A nerve issue in his throwing shoulder proved a lot more irritating than initially expected and wound up costing him two and a half months. He also had a minimal injured list stint due to knee inflammation. King looked shaky when he returned in September, allowing 10 runs with a modest 11:7 strikeout-to-walk ratio across 15 2/3 innings.

That adds some risk to his first career trip through free agency. A fully healthy version of King is one of the best pitchers in MLB, though. He finished seventh in NL Cy Young balloting during the 2024 season. King turned in a 2.95 earned run average across 173 2/3 innings in his first full season as a big league starter. He was out to an even better start this year, working to a 2.59 ERA with a 28% strikeout rate over 10 appearances before the nerve injury.

There wasn’t any structural damage. King finished the season healthy, though the Padres didn’t trust him enough to start over Yu Darvish in an elimination game in the Wild Card Series. They were content to make him a qualifying offer, which probably would not have been the case if they felt the injury might impact him in 2026. King rejected in search of a multi-year contract. He’s generally not expected to return to San Diego.

The Tigers are in the market for starting and relief help. They don’t have a clear #2 starter behind Tarik Skubal. That’d probably fall to Reese Olson, but he missed the final two months of 2025 to a shoulder strain. Jack Flaherty is back after exercising his $20MM player option following an up-and-down year. Casey Mize pitched well overall but is more of a #3 or high-end fourth starter than someone the Tigers would want directly behind Skubal in a playoff series. Jackson Jobe won’t be available until the second half after undergoing Tommy John surgery in June.

Rookie righty Troy Melton, who pitched out of the MLB bullpen down the stretch, would probably be the fifth starter if the season opened tomorrow. Keider Montero and Sawyer Gipson-Long lead a thin collection of depth arms. Everyone from that group has minor league options and could work from the bullpen. All teams use more than five starters, so the Tigers certainly need at least one or two additions to protect against injuries.

Blue Jays Still Exploring Rotation Additions After Dylan Cease Deal

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The Blue Jays made a big move to upgrade their rotation by signing Dylan Cease to a seven-year deal, but they may not be done. Ben Nicholson-Smith of Sportsnet reports that the Jays have remained engaged on the starting pitching market even after agreeing to terms with Cease. The report mentions that the Jays had interest in Joe Ryan of the Twins and MacKenzie Gore of the Nationals prior to the trade deadline, while also suggesting the Jays have some interest in free agents Michael King and Cody Ponce.

The Toronto rotation currently projects to include Cease, Kevin Gausman, Shane Bieber, Trey Yesavage and José Berríos, with guys like Eric Lauer, Ricky Tiedemann and Bowden Francis in the mix as well.

That’s a pretty strong group but there are some question marks. Bieber’s decision to trigger his $16MM player option has led to speculation he may not be 100% healthy. He could have taken a $4MM buyout and returned to free agency, only needing to get $12MM to come out ahead, but a new deal would have required him to pass a physical. To be clear, that’s entirely speculative. There has been no public indication anything is wrong with Bieber, but it’s one possible explanation for why he didn’t pursue a larger deal. Another explanation could be that he simply wanted to stay with the Jays for another year before heading to free agency after a fully healthy season.

Beyond that, Gausman turns 35 in January. Yesavage had a tremendous debut late in the year but is still light on big league experience. Berríos had a mediocre 2025 and finished the season on the injured list due to elbow inflammation, though he is supposedly going to have a normal offseason. Lauer worked both as a starter and a reliever in 2025 and seems likely to do so again next year. Tiedemann has been on prospect lists for years but already had workload concerns before Tommy John surgery wiped out his 2025 season. Francis had a good showing in 2024 but was held back by shoulder problems this year.

There’s also the long-term picture to consider. Gausman, Bieber and Lauer are all slated for free agency after 2026. Berríos can also opt-out of his deal at that time. There’s reportedly been some consideration of trading Berríos but that will be a challenge considering his health status, results and opt-out. The general point is that there’s not a lot of long-term certainty. Signing Cease upgraded the rotation for the upcoming campaign and beyond. Yet another acquisition could do the same.

Gore is a pretty straightforward trade candidate. The Nationals are rebuilding and aren’t likely to be contending for a while. Gore is controlled for two more years and is represented by the Boras Corporation. It’s not true that Boras clients never sign extensions but it’s a decent bet that Gore and Boras are looking forward to free agency.

It’s notable that the Jays were interested in him ahead of the deadline but his situation has changed a bit since then. He was dominant through the All-Star break in 2025, as he had an 3.02 earned run average, 30.5% strikeout rate and 7.7% walk rate at that time. But he struggled down the stretch and went on the IL twice, first due to shoulder inflammation and then an ankle impingement. His results suffered and he finished the year with a 4.17 ERA.

The Nats are getting interest in Gore this offseason but could perhaps wait until the upcoming trade deadline if they don’t get offers to their liking. He is projected by MLBTR contributor Matt Swartz to earn $4.7MM next year, with another arbitration control beyond that. The Nats have very little on their books and don’t need to move him for financial reasons. If the Jays want to circle back to Gore, they might have to put a notable prospect package on the table.

The situation with Ryan is somewhat analogous. He is also two years away from the open market, with a projected $5.8MM salary next year. He has been a pretty consistently above average pitcher in his career. In his 641 1/3 innings, he has a 3.79 ERA, 27.6% strikeout rate and 5.7% walk rate.

The Twins seemed to kick off a rebuild or retool or reset or whatever at the deadline. They traded a number of relievers, including Louis Varland to the Jays, and sent Carlos Correa back to Houston. Coming into this offseason, many expected Ryan and other Twins to be on the trade block but Minnesota’s president of baseball operations Derek Falvey has downplayed the idea that he needs to continue subtracting from the roster.

If the Jays can’t find solutions on the trade market, they could sign another free agent. Nicholson-Smith reports that King “could be” of interest. Though the Jays wouldn’t sacrifice prospects directly, they would still be hurting their farm system. King rejected a qualifying offer from the Padres and is therefore tied to the associated penalties. Since the Jays paid the competitive balance tax in 2025, they would have to forfeit two draft picks and $1MM in international bonus pool space. Cease also rejected a QO from the Padres, so the Jays have already paid that price. If they were to end up with Cease and King, that would mean giving up a total of four draft picks and $2MM from their bonus pool.

It’s unclear if the Jays would be willing to go down that road. It presumably depends on what kind of financial price they would have to pay to sign King. He seemed on track for a nine-figure deal before injuries hampered him in 2025. MLBTR predicted him for a four-year, $80MM deal but it’s possible King looks for a shorter deal with opt-outs, so that he can return to free agency with a healthier platform season.

He had a really strong run from the second half of 2023 through the beginning of 2025. With the Yankees in 2023, he was blocked and stuck in a relief role. As the Yanks were playing out a lost season two years ago, they let King take a rotation job. He performed well and was flipped to the Padres prior to 2024, which eventually became his best season. From August 24th of 2023 through May 18th of 2025, he tossed 267 2/3 innings with a 2.72 ERA, 28.4% strikeout rate and 8.1% walk rate. FanGraphs had him seventh among pitchers in the majors in wins above replacement for that span, behind only Tarik Skubal, Chris Sale, Zack Wheeler, Logan Webb, Cole Ragans and Cease.

The latter months of 2025 were marred by injury, however. A nerve injury in his shoulder put him on the shelf for several months. He came off the IL in August but left knee inflammation sent him right back there. He returned in September and wasn’t amazing, allowing ten earned runs in his final 15 2/3 innings. The Padres gave the Game Three start in the Wild Card round to Yu Darvish, who was 39 years old and battling elbow problems which would require surgery a month later, instead of King.

It all makes King one of the more interesting free agents of the offseason. He was a borderline ace for a while there but also has only one big league season with more than 15 starts. Teams likely have varying opinions on what they expect from him going forward.

As for Ponce, he’s also a wild card, but for different reasons. His MLB track record is small but he’s been pitching well overseas. He just wrapped up a season in which he tossed 180 2/3 innings for the Hanwha Eagles of the Korea Baseball Organization with a 1.89 ERA. His 252 strikeouts were a single-season KBO record. He was named the league MVP for his dominant season but remains unproven in North American ball. Regardless, it has been reported that he could earn $30MM to $40MM on a three-year deal.

Time will tell how aggressively the Jays go after another rotation upgrade. They still have needs elsewhere, including the back of the bullpen. Bringing in an impact bat, such as Kyle Tucker or reuniting with Bo Bichette, seems to be on the to-do list as well. RosterResource projects the Jays for a $263MM payroll and $272MM competitive balance tax figure next year. Those numbers were $258MM and $283MM at the end of 2025. It’s unclear how much farther they can push things but perhaps their deep playoff run in 2025 has created some extra spending capacity in 2026.

Photo courtesy of Matt Krohn, Imagn Images

Marlins Notes: Cabrera, Alcantara, King

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The Marlins are gearing up for what could be their busiest offseason in years, as all indication point to at least some willingness to spend in free agency this winter coming off a 79-win campaign in 2025 where the team enjoyed the emergence of players like Kyle Stowers and Jakob Marsee as valuable pieces. At the same time, they’ve got plenty of holes that could make it difficult to compete in what figures to be a stacked NL East next year with the Mets, Phillies, and Braves all expected to try and improve this winter.

That leaves Miami in a difficult spot where they figure to simultaneously try and improve while also building for the future. That could leave the team hesitant to deal away some players that were looked at as likely trade assets even a few months ago. According to Kevin Barral and Isaac Azout of Fish on First, right-handers Edward Cabrera and Sandy Alcantara are hardly locks to be traded this winter. Alcantara, in particular, is someone that the organization “expects” to still be in Miami on Opening Day.

There’s certainly some logic in that, as the 2022 NL Cy Young award winner was one of the league’s best pitchers in the not-too-distant past. A season where Alcantara pitched to a 5.36 ERA across 31 starts surely lowered his value, but if the Marlins still believe in the 30-year-old there’s no reason to sell low. That’s especially true because he’s one of the few players on the Marlins’ roster making significant money. There have been some indications recently that the Marlins could be worried about a potential grievance from the MLBPA due to their lack of spending, and trading Alcantara away would be counterproductive to any efforts to prove that the club is using revenue sharing dollars on the on-field product.

That leaves 27-year-old Cabrera as the more likely piece to move of the pair, though Barral and Azout both note that the Marlins would need to receive an “overwhelming return” to pull the trigger on a trade. That’s a sensible stance to take. Cabrera enjoyed a breakout season in 2025, with a 3.53 ERA and 3.83 FIP across 26 starts. He struck out 25.8% of his opponents against a walk rate of just 8.3% this year, and his fastball average 97.0 mph on the radar gun, the fastest velocity of his career so far. A young starter on the upswing with three years of team control would surely be one of the hottest commodities on the trade market, and the Marlins have no reason to rush a trade for that reason. The Mets and Cubs were among the teams connected to Cabrera when he was on the market over the summer, and both appear to be in the market for rotation help again this winter.

Trading an impact starter may not necessarily be in the cards for Miami this winter, and if they don’t they’ll retain a frightening on-paper rotation of Alcantara, Cabrera, Eury Perez, Braxton Garrett, and Ryan Weathers with players like Max Meyer, Robby Snelling, Janson Junk, and Ryan Gusto providing depth behind that group. There’s enough health questions within that group of arms that it’s not impossible to fit another starter into the mix, and there’s been previous connections drawn between the Marlins and right-hander Michael King. Barral and Azout suggest that a reunion with the club’s 12th-round pick from the 2016 draft is “highly unlikely,” however.

That’s perhaps not too much of a surprise. While King is coming off a down season where he made just 15 starts due to shoulder issues, MLBTR predicted that he’d land a four-year, $80MM contract in free agency this offseason. That would be quite a step up for a Marlins team that hasn’t spent much beyond the $53MM contract they gave to Avisail Garcia back in 2021 in recent years, at least via free agency. Adding a player like King at that sort of price tag would be a bold move, especially given the fact that the starting rotation is already a strength for the club. The Cubs and Orioles have both been tied to King in free agency this offseason already, and more teams are surely interested in the right-hander after he flashed ace-level potential with the Padres in 2024.

Marlins Interested In Michael King

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The Marlins are among the teams that have shown interest in free-agent righty Michael King, per Ken Rosenthal and Evan Drellich of The Athletic. Miami has frequently been linked to prominent bullpen arms in the offseason’s early stages as well, and the Fish are apparently planning to spend more heavily in free agency than in recent years (although that’s a pretty low bar to clear).

Skeptics will presume that the Marlins, like the A’s last offseason, are wary of running into a grievance pertaining to their allocation of revenue-sharing funds. Optimists will look at Miami’s hot finish to the 2025 season and the steps forward from young core pieces like Kyle Stowers, Jakob Marsee and Edward Cabrera as the driving factor behind the ostensible spending push. In reality, some of both are likely to be true.

Rosenthal and Drellich write that the Marlins are believed to be pulling in around $70MM annually in revenue-sharing. Teams that allocate under 150% of the revenue-sharing funds they receive to the roster (in terms of CBT obligations) can draw the union’s ire and fall subject to a grievance. That’s not true in every instance. Miami’s CBT ledger in 2025 came in around $85MM, per RosterResource. The Fish are projected for about $70MM of CBT considerations right now, however.

It seems that falling shy of that 150% threshold in consecutive seasons is what truly triggers the risk of a grievance. The A’s were the only perennial payroll cellar-dweller who seemed to be subject to a potential grievance last offseason. (They responded by signing Luis Severino and Jose Leclerc and extending Brent Rooker and Lawrence Butler.) None of the Pirates, Marlins or Rays seemed to face the same pressure.

However, each of Pittsburgh, Miami and Tampa Bay had been well over $100MM in CBT considerations in each of the preceding seasons. The A’s trotted out CBT numbers between $68MM and $84MM from 2022-24 before finally opening the wallet a bit to avoid that potential grievance. Rosenthal and Drellich also suggest that the Marlins may want to avoid any in-fighting with other clubs during the upcoming CBA talks, where luxury tax payors could argue that the Marlins aren’t using their funds properly. Readers are encouraged to check out the piece for full, more granular details on the matter and thoughts from other club officials and agents who weight in when chatting with The Athletic duo.

Regardless of the motivation, the fact that King is on Miami’s radar is notable. He’s a former Marlins draft pick, though that came under prior ownership and a different front office regime, so those ties are minimal at this point. King would step into a rotation that also includes the previously mentioned Cabrera, Sandy Alcantara, Eury Perez, Braxton Garrett and Ryan Weathers — with prospects Thomas White, Robby Snelling, Dax Fulton and Max Meyer (on the mend from surgery) all factoring in as possible options as well.

King, 30, has been excellent since moving from a swingman role with the Yankees — who acquired him in 2017’s Garrett Cooper swap — into the rotation late in the 2023 season. His 2025 campaign was shortened by a nerve injury in his shoulder and a knee injury late in the season, but King boasts a terrific 2.93 ERA (3.50 FIP, 3.66 SIERA) with a 27.4% strikeout rate and 8.3% walk rate in 53 starts since moving to a rotation role full-time.

Adding King would give Miami a playoff-caliber starter to pair with arms like Alcantara, Cabrera and Perez. He’d also make it easier for the Fish to entertain offers on young pitching, whether that be Cabrera, Weathers or some of those vaunted prospects (headlined by White). The Marlins could also give stronger consideration to dealing Alcantara if they add a veteran starter, but they’d still be selling somewhat low on him (and trading Alcantara would offset much of the payroll gains they’d obtain by signing King).

The Marlins are on the lookout for meaningful offensive upgrades, but the free agent market is generally thin on impact hitters this offseason. If the Fish instead choose to further deepen an organizational strength, they could use their stock of quality young arms to explore the trade market in search of more meaningful upgrades at the infield corners, designated hitter and/or in right field.

King rejected a $22.025MM qualifying offer from the Padres. The Marlins would pay the lightest of three penalty tiers for signing him, due to their status as a revenue-sharing recipient. Signing King would require Miami to its third-highest pick in the 2026 draft.

Yankees Notes: Devin Williams, Kyle Tucker, Payroll

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The Yankees are interested in bringing free agent closer Devin Williams back to the Bronx. League sources told Ken Rosenthal and Will Sammon of The Athletic that the team has discussed a reunion with Williams’ camp.

Williams is one of the top names on the closer market. He landed at No. 16 on our Top 50 Free Agents list, which put him second among relievers, behind only Edwin Diaz. The 31-year-old is expected to have many suitors, with the Reds and Red Sox linked to him last week, and the Mets, Tigers, and Giants joining the mix this week. The Dodgers and Marlins have also been connected to Williams.

New York sent Caleb Durbin and Nestor Cortes to Milwaukee for Williams in December 2024. He struggled in his first month with the team, losing the closer role by May. An injury to fill-in closer Luke Weaver allowed Williams to regain the role, and he pitched well in June and July. The trade deadline acquisition of David Bednar pushed Williams back into setup duty. He closed the year with his best stretch of the campaign, posting 13 scoreless innings from September 7 through the postseason.

Williams said he would “definitely be open” to returning to the Yankees back in October. As for whether being the closer would impact his next destination, Williams said it “depends on the scenario.” While Weaver is a free agent, New York still has Bednar and fellow trade deadline acquisition Camilo Doval under team control for next season.

Williams isn’t the only high-profile free agent on the Yankees’ radar. General manager Brian Cashman told reporters on Thursday, including Bryan Hoch of MLB.com, that he’s been in contact with agent Casey Close on several players. That list of possible targets includes Kyle Tucker, Kyle Schwarber, Michael King, and former Yankee Paul Goldschmidt. Cashman also mentioned interest in Tatsuya Imai, who was posted by the Seibu Lions earlier this week. “We’re certainly engaging all these players in the marketplace,” Cashman said.

Tucker will likely have just as many suitors as Williams, perhaps more. Toronto is considered by some teams to be the favorite to land the star outfielder, but the Dodgers, Yankees, and Orioles have been linked to him. Given that he’s the big prize in free agency this offseason, additional teams are bound to come forward as potential candidates.

New York regained an outfielder when Trent Grisham accepted the qualifying offer, but lost one when Cody Bellinger opted out of his contract. Jasson Dominguez is penciled in alongside Grisham and Aaron Judge, but he hasn’t performed well enough to discourage the Yankees from going after a massive upgrade in Tucker. They could also re-up with Bellinger.

As far as paying for these potential acquisitions, Cashman was noncommittal about whether payroll would exceed $300MM. “I think it could go both ways. So it just depends on how things shake out and what opportunities present themselves,” he told reporters, including Hoch. FanGraphs’ RosterResource tool currently has the Yankees’ payroll at around $260MM next season. Grisham’s deal added about $22MM to the ledger, and he’s just the sixth-highest-paid player on the team next year. New York’s payroll was around $296MM this past season after topping $300MM in 2024.

A deal for Tucker, Schwarber, Williams, or any of the other marquee names will likely require a big commitment across many years. The Yankees already have several of those types of deals on the books between Judge, Max Fried, Gerrit Cole, and Carlos Rodon, who are all on large contracts through at least 2028. Cashman expressed confidence he could make it work, though. “The job right now is to find out what’s available, and those all have different price points,” Cashman said. “There could be cheap players that are available that are good, or there could be very expensive players that are available that are good.”

Photo courtesy of Brad Penner, Imagn Images

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.

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.

Orioles Pursuing Prominent Pitching Upgrades, Open To Signing Qualifying Offer Recipients

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On the heels of a disappointing 2025 season, Orioles president of baseball operations Mike Elias is striking a much more aggressive tenor in his early media appearances this offseason than last. Baltimore’s baseball ops leader candidly acknowledged this week that he’s hopeful of adding a starter who can give his team “innings and front-half-of-the-rotation stuff” as well as a reliever “who has closer experience” (links via Andy Kostka of the Baltimore Banner and Jake Rill of MLB.com. Just as notably, Elias voiced that he is “fully prepared” to forfeit draft pick(s) to sign free agents who have rejected a qualifying offer.

It’s a notable departure from Baltimore’s 2024-25 offseason. The O’s made a multi-year offer to Corbin Burnes that wasn’t accepted. It’s not clear how many — if any — other free agents received multi-year offers from the Orioles.

Ultimately, Elias & Co. handed out almost exclusively one-year deals, signing Charlie Morton ($15MM), Tomoyuki Sugano ($13MM), Andrew Kittredge ($10MM), Gary Sanchez ($8.5MM), Ramon Laureano ($4MM) and Dylan Carlson ($975K) for the 2025 season. Outfielder Tyler O’Neill was the lone recipient of a multi-year guarantee, landing three years and $49.5MM. Even that deal came with an opt-out opportunity following the 2025 season.

O’Neill was not only the lone multi-year free agent signing for the Orioles last winter — he’s the only free agent Elias has signed to a multi-year deal in seven offseasons leading Baltimore’s baseball operations. For much of that time, the team has been rebuilding, which helps to explain the lack of a multi-year investment. Elias told Darragh McDonald in a recent guest appearance on the MLBTR Podcast that there’s no organizational aversion to multi-year free agent deals, they simply haven’t lined up on one during his tenure.

At least based on his early comments, Elias seems more resolute in his efforts to pursue higher-end talent. The O’s have a pair of notable arms in Kyle Bradish and the resurgent Trevor Rogers atop their rotation, but Rogers is a free agent next winter and Bradish only returned from Tommy John surgery this past summer. Voicing a preference to sign someone who can pitch in the “front half” of the rotation and expressing a willingness to punt draft picks both signal a more aggressive playbook this winter.

On the free agent side of things, the market has several interesting names. Dylan Cease, Framber Valdez, Ranger Suarez, Michael King, Brandon Woodruff and Zac Gallen all received qualifying offers. None are expected to accept. NPB star Tatsuya Imai will also be posted for MLB clubs, adding a 28-year-old wild card to the mix. Notably, Elias was the Astros’ scouting director when the team signed Valdez as an amateur in 2016. The two overlapped in Houston’s organization for a couple years.

On the trade side of the coin, there are a number of high-profile arms likely to be available. Much as it pains fans of pitching-hungry clubs, there’s minimal chance the Tigers will trade Tarik Skubal. The Brewers seem inclined to hang onto Freddy Peralta. Twins president Derek Falvey has said he plans to add to the roster until he’s told otherwise, which casts some doubt on the immediate availability of Joe Ryan and/or Pablo Lopez. But the market still includes names like MacKenzie Gore, Sonny Gray, Sandy Alcantara, Edward Cabrera and Mitch Keller, among others.

Broadly speaking, whether it’s via free agency or trade, there’s benefit in the Orioles adding a starter who’s controlled/signed beyond 2026. Rogers, as mentioned, is a free agent next winter. Righties Dean Kremer and Tyler Wells will be free agents after the 2027 season. There’s little doubting the pure talent of righty Grayson Rodriguez, but by the time Opening Day 2026 rolls around, he’ll be 20 months removed from pitching in a big league game. There’s very little long-term stability in the group.

As for the relief market, the number of qualified free agents is far lower. Devin Williams didn’t receive a QO from the Yankees. Robert Suarez didn’t get one from the Padres. Edwin Diaz was the only reliever tagged with a QO. That said, there are a number of a high-profile names from which to choose. Diaz, Suarez, Williams, Ryan Helsley, Raisel Iglesias, Kyle Finnegan and Pete Fairbanks all have extensive closing experience in the majors. If the preference is a one-year deal, 38-year-old Kenley Jansen keeps getting the job done even as he inches closer to his 40th birthday.

Whoever ends up emerging as the priority, payroll shouldn’t be an issue. The only players guaranteed anything beyond the 2026 season are O’Neill and catcher Samuel Basallo, who inked a long-term extension just days after making his MLB debut. They’re owed a combined $17.5MM in 2027. After ’27, Basallo’s eight-year, $67MM deal is the only contract on the books. It’d be a surprise to see the Orioles sign a high-end starter and a prominent reliever to multi-year deals, but only because they haven’t operated that way in quite some time. Payroll-wise, there’s no reason they couldn’t bring in a pair of prominent free agents.

Elias also suggested that the O’s will be on the lookout for an additional option in center field. While he praised Colton Cowser’s long-term outlook and expressed confidence that the 25-year-old (26 next March) can handle the position defensively, Baltimore’s president also noted that “you can’t get through the year with one center fielder.”

A reunion with Cedric Mullins seems unlikely, as he’ll presumably want everyday at-bats (or close to it) wherever he goes, while the O’s have O’Neill, Cowser and Dylan Beavers already in the mix for playing time, to say nothing of recently signed Leody Taveras and former top prospect Heston Kjerstad. Enrique Bradfield Jr., the No. 17 overall pick in 2023 and one of the system’s top prospects, reached Triple-A last year and could debut in 2026.

Part-time center field options on the market could include Lane Thomas, Harrison Bader or Chas McCormick, whom Elias drafted with the Astros back in 2017. Trade possibilities could include Arizona’s Alek Thomas or Colorado’s Brenton Doyle. If Twins ownership winds up pushing the front office to further scale back payroll, then not only would Lopez and Ryan be available — Byron Buxton may even be amenable to waiving his no-trade clause.

As always, this is far from an exhaustive list of targets for the Orioles or possibilities to fill those needs. In all likelihood, the O’s will be looking for multiple relievers, additional bench pieces and ample minor league depth in both the rotation and bullpen (at the very least). There’s been some suggestion that they could pursue a more prominent bat to hit in the middle of the lineup. The New York Post’s Jon Heyman called them a dark horse for Pete Alonso, noting that there’s “some interest” from the O’s. Be that as it may, it’d be a surprise if they did anything more than lurk on the periphery of his market to offer a soft landing if Alonso again struggles to find a long-term deal this winter.

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