The Yankees announced that they have selected right-hander Kervin Castro to their 40-man roster. The move prevents him from becoming a minor league free agent. They had several 40-man spaces available due to players recently becoming free agents.
More to come.
Thirteen players have received a qualifying offer this year, reports Jeff Passan of ESPN. The list is as follows:
This year’s QO is valued at $22.025MM. All 13 players will have until Nov. 18 to decide whether to accept that one-year offer or decline and become a free agent. They can spend that time gauging the open market to determine interest in their services. If a player accepts the QO, he’ll be treated as a free agent signing and thus will be ineligible to be traded without his consent until June 15 of next year. If he declines, any team that signs him will be subject to draft and/or international bonus forfeitures, depending on its revenue-sharing and luxury tax status.
The bulk of the list was generally expected. Every recipient other than Torres and Imanaga was pegged as likely or a no-doubter to receive the QO on MLBTR’s annual lists of qualifying offer previews for position players and for pitchers. Torres was viewed as something of a long shot, at least on the MLBTR staff. He’s coming off a nice season in Detroit but struggled through a poor finish — perhaps in part due to injury — and wasn’t hit with a QO last offseason when coming off a comparable year at the plate in the Bronx.
Imanaga was listed as a borderline call on our preview as well. The Cubs declined a three-year, $57MM option on Imanaga last week. He subsequently declined a $15MM player option (which came with an additional player option at $15MM) — effectively opting out of a remaining two years and $30MM. The Cubs are banking on Imanaga also turning away one year at just over $22MM after turning down that remaining $30MM in guaranteed money.
The qualifying offer is determined each year by taking the average of the game’s 125 highest-paid players. We’ve already covered the penalties that each team would face for signing a qualified free agent, as well as the compensation each club would get for losing a qualified free agent to another team.
Among the notable free agents to not receive a qualifying offer are Lucas Giolito, Robert Suarez, Devin Williams and Jorge Polanco. Giolito might have received one had it not been for a late elbow issue that ended his season. Suarez has been excellent and just opted out of the remaining two years and $16MM on his contract, but he’ll be 35 next year. The Padres have been reducing payroll in recent seasons and likely didn’t want to risk Suarez locking in that weighty one-year sum. Williams would have received a QO with a typical season, but he struggled throughout much of the season’s first four months before a dominant finish. Polanco enjoyed a terrific rebound campaign but is 32 years old and was limited to DH work for much of the season due to ongoing injury issues.
The qualifying offer grants each of these free agents the chance at a notable one-year payday, though the majority of them will reject without much thought. Players like Tucker, Bichette, Schwarber, Valdez, Cease, Suarez and Diaz are likely to see comparable or larger (much larger, in Tucker’s case) salaries on multi-year deals in free agency. Even players like Grisham, who probably won’t land a $22MM annual value over multiple years, are still likely to reject. Major league free agents typically — though not always — prioritize long-term earning over short-term, higher-AAV pacts. A three- or four-year deal worth $14-16MM per year, for instance, is typically viewed as preferable to accepting one year at a higher rate.
There’s risk in declining the offer, of course. Teams are more reluctant to sign players who’ll cost them valuable draft picks and/or notable portions of their hard-capped bonus pool for international amateurs. Every offseason, there are a handful of free agents whose markets are weighed down by the burden of draft pick compensation. That typically applies to the “lower end” of the QO recipients. For top stars like Tucker, Bichette, etc. — draft/international forfeitures are simply considered the cost of doing business and don’t tend to have much (if any) impact on the player’s earning power.
The Yankees are exercising their club option on Tim Hill, according to a report from ESPN’s Jorge Castillo. Hill will return to New York on a $3MM salary in 2026. Castillo also reports that the Yankees are not picking up their club option on right-hander Jonathan Loaisiga. Loaisiga will head into free agency rather than collecting what would have been a $5MM salary next year.
Neither of these decisions are especially surprising. Hill, 36 in February, has turned in excellent production for the Yankees over the past two seasons with a 2.68 ERA in 111 innings since being acquired from the White Sox midway through the 2024 season. His peripheral numbers took a big step back in 2025 thanks to eight home runs surrendered that coincided with the highest barrel rate of his career (7.9%). That jump wasn’t helped by the fact that Hill has never been a strikeout artist, and his 13.9% punch out rate this year was actually his best since 2021.
Even so, Hill continues to generate ground balls at some of the highest rates in the league. That makes keeping him in the bullpen at a $3MM price tag something of a no-brainer, and he’ll enter the year as the club’s top left-handed relief option barring an external addition that supplants him on the depth chart. That could leave him in the mix for some high leverage opportunities next year, while David Bednar and Camilo Doval shut things down from the right side.
As for Loaisiga, the right-hander’s eighth year with the Yankees looks likely to be his final one. At one point in his career, the hard-throwing righty looked like a future closer as he posted a 2.50 ERA with a 3.03 FIP between the 2020 and ’21 seasons. Things have unraveled for Loaisiga since, however. He was only pedestrian in 2022 and then missed nearly two full seasons due to injuries. He did manage to make 30 appearances for the Yankees this year, but his 97 ERA+ was just below average and a 5.83 FIP suggested even that figure was aided by some good fortune. His season was cut short by a flexor strain, and he appears likely to enter the market this winter on the hunt for a minor league deal.
With Bednar, Doval, Fernando Cruz, Jake Bird, Ian Hamilton, and Mark Leiter Jr. all in the mix for next year, the Yankees look to be reasonably well set up in the bullpen on the right side. An addition beyond that group can’t necessarily be ruled out, however, as the departures of both Devin Williams and Luke Weaver in conjunction with shaky performances down the stretch from both Bednar and Doval could create a desire to bring in a more surefire closing option.
Outfielder Cody Bellinger has opted out of his contract with the Yankees, reports Jon Heyman of the New York Post. Bellinger had one year and $25MM remaining on his deal. He’ll take the $5MM buyout instead.
Bellinger signed a three-year, $80MM contract with the Cubs ahead of the 2024 season. The deal included opt-outs after each year. Bellinger did not opt out after 2024. He was traded to the Yankees for Cody Poteet that offseason. Chicago also sent cash in the deal, paying $2.5MM of Bellinger’s 2025 salary and another $2.5MM that will now go toward the $5MM buyout.
Bellinger bounced back from a pedestrian season with the Cubs to post a strong 2025 in New York. The friendly confines of Yankee Stadium helped the lefty launch 29 home runs, his most since his 2019 NL MVP season. Bellinger slashed .272/.334/.480 while also grading out as a strong defender.
The standout season in the Bronx made Bellinger’s opt-out decision an easy one. He’ll hit the market as a 30-year-old still capable of playing all three outfield positions and first base. His camp is likely looking for at least a five-year commitment with an asking price above $100MM. Bellinger is not eligible to receive a qualifying offer, since he received one from the Cubs following the 2023 season. The Yankees can’t extend the QO and will not receive compensation if he signs with another team.
Bellinger joins Alex Bregman and Pete Alonso as top bats entering the market after opting out of their current contracts. His next foray into free agency is likely to be more fruitful than his previous attempts. After a pair of injury-plagued years, the Dodgers cut him loose following the 2022 season. Bellinger latched on with the Cubs on a one-year deal for 2023. He earned NL Comeback Player of the Year honors, but the market remained skeptical. Bellinger returned to the Cubs on the aforementioned three-year deal, and didn’t perform well enough in 2024 for an opt-out to be a logical choice. Chicago’s acquisition of Kyle Tucker made a trade seem inevitable, and New York was able to acquire him for a minimal return.
New York’s outfield could look quite different in 2026. Bellinger is joining Trent Grisham in free agency, leaving the Yankees with Aaron Judge, Jasson Dominguez, and then plenty of question marks. Top prospect Spencer Jones is a candidate to earn a job next season. The young lefty could provide the power/speed element that New York would be losing with the Bellinger departure. Grisham is a candidate to receive a qualifying offer, and the roughly $22MM could be enough to entice him back after a career-high 34 home runs.
7:47PM: Either Claiborne or Druschel will be the Yankees’ new bullpen coach, SNY’s Andy Martino reports.
6:53PM: Desi Druschel is returning to the Yankees as an assistant to pitching coach Matt Blake, ESPN’s Jeff Passan reports. He worked in that same capacity during the 2022-24 seasons, and is now back in the Bronx after a one-year sojourn across town as an assistant pitching coach with the Mets. Druschel wasn’t fired by the Mets, but Passan writes that the team gave him permission to speak with other teams about jobs.
The Mets’ coaching staff has already undergone quite an overhaul in the month since the team’s disappointing season came to an end. Druschel joins bench coach John Gibbons, pitching coach Jeremy Hefner, hitting coaches Eric Chavez and Jeremy Barnes, infield coach Mike Sarbaugh, and retiring catching instructor Glenn Sherlock as members of the 2025 staff who won’t be returning in 2026. Two vacancies have already been filled, as the Amazins hired Kai Correa as Carlos Mendoza’s new bench coach, and Jeff Albert is the team’s new director of Major League hitting (with a more traditional hitting coach still to be hired).
Hefner’s departure was the first sign of an overhaul to the pitching department, so it isn’t a shock that Druschel is also on the way out. The Mets’ rotation and bullpen were the primary reasons for the team’s second-half fade, as between injuries and ineffectiveness, the Amazins had trouble finding enough arms to just cover innings down the stretch, let alone effectively post results. Forty-six different players took the mound for the 2025 Mets for a team that finished 18th in baseball with a 4.04 team ERA — after the All-Star break, the Mets’ 4.74 team ERA was the sixth-worst in baseball.
It is unfair to lay the blame entirely on the coaching staff, of course, and obviously the Mets’ pitching struggles didn’t prevent Druschel from quickly landing a job back with his old club. The 50-year-old Druschel had a long collegiate coaching career, including stints as the Iowa baseball program’s director of operations and pitching coach before was hired by the Yankees in 2019 as their minor league manager of pitching development.
Preston Claiborne was hired as Druschel’s replacement in the assistant pitching coach role last winter. It isn’t known if the Yankees will keep both men as Blake’s assistants, or if Claiborne could potentially be on his way out. In other Yankees coaching news, first base/infield coach Travis Chapman, bullpen coach Mike Harkey, and assistant hitting coach Pat Roessler are on the way out (though Roessler may return in another job), and former hitting coordinator Jake Hirst will join Druschel as new members of Aaron Boone’s staff.
The Yankees had another good season in 2025, but with the Yankees, good isn't good enough. Going into 2026, they will undoubtedly be looking to reload as they continue trying to take advantage of having a superhuman Aaron Judge on the roster.
Guaranteed Contracts
Other Financial Commitments
Option Decisions
2026 guarantees, assuming Hill's option is picked up: $184MM
Total future commitments: $715MM
Arbitration-Eligible Players (service time in parentheses; projected salaries courtesy of MLBTR contributor Matt Swartz)
Non-tender candidates: Leiter, Schmidt, Doval, Cousins, Hamilton, Effross, Bird, Cabrera
Free Agents
The Yankees haven't had a losing season since 1992. They have missed the playoffs just five times in the past 31 years. But the expectations in the Bronx are higher than that. It's now been more than 15 years since the last parade.
There's always pressure for the Yankees to compete but that title drought should create extra urgency. There's also the ticking clock on Judge. He is still producing at an incredible level. Despite missing some time this year, FanGraphs credited him with 10.1 wins above replacement. But he can't keep that up forever and will turn 34 in April. Key contributors like Giancarlo Stanton, Gerrit Cole, Max Fried and Carlos Rodón are also in their 30s, adding to the sense that winning needs to come sooner than later.
A lot of good things still happened in 2025. In spring training, the club lost Cole to Tommy John surgery and Luis Gil to a lat strain. Despite losing two rotation building blocks, the team dominated early. They were 35-22 through the end of May, giving them a 5.5 game lead in the American League East. But a summer swoon took some wind out of the sails, allowing the Blue Jays to take over the top spot in the East. Those two clubs kept battling and ended up with the same record, though the Jays were given the nod via tiebreaker. They would then face off head-to-head in the ALDS, with the Jays emerging victorious.
Going into 2026, there is still a lot of talent on the Yankee roster, though there are questions. The rotation should be strong in the long run, though that's assuming improved health relative to now. There is certainly work to do in the outfield and bullpen, and maybe the infield too. There's also the question of how much the club can throw its weight around financially.
Historically, the Yankees have often been the biggest-spending club in the league. In 2025, they were third, according to RosterResource. The Yanks were at $294MM, well behind the Dodgers and Mets, and just barely ahead of the Phillies. Owner Hal Steinbrenner seems to feel that he shouldn't have to spend much more than $300MM, per Greg Joyce of The New York Post. The 2026 payroll is currently slated for $227MM, per RR. That gives the Yanks some breathing room even if they are going to be capped around $300MM, though that kind of powder can get used up pretty quickly when filling a roster with some notable holes. Is there enough pressure to push Steinbrenner beyond his comfort zone?
Former big league catcher Jesus Montero passed away recently, according to a report from El Extrabase. The report indicates that Montero was part of a serious traffic accident on October 5 and passed following several days in the hospital. Montero was just 35 years old.
Montero is best known for having been one of the league’s most elite prospects in the early 2010s. Signed out of Venezuela by the Yankees as an amateur, Montero made his pro debut in 2007 at the age of 17. His second professional season saw him break out at the Single-A level, where he hit .326/.376/.491 with 17 homers and 34 doubles in 132 games. That strong performance earned Montero plenty of attention prior to the 2009 season, when he became a consensus top-50 prospect in the sport.
The youngster’s prospect star continued to shoot upwards from there. His 2009 season was cut short by a broken finger that limited him to just 92 games, but he raked when healthy and looked entirely capable in 44 games at the Double-A level. That was enough to get him promoted to Triple-A for the start of the 2010 season, at which point Montero was viewed as a consensus top-5 prospect in the sport. Baseball America went as far as to name him the sport’s #3 prospect, behind only future Hall of Famers Bryce Harper and Mike Trout. Montero did what he could to deliver on the hype at Triple-A in 2010, slashing .289/.353/.517 with 21 homers and 34 doubles in 123 games.
The next step for Montero was the majors, and after spending most of the 2011 season at Triple-A he finally made his big league debut with the Yankees on September 1 against the Red Sox at Fenway Park. While he did not record a hit in his first big league game, Montero was hit by a pitch in his first game and recorded a run scored. He went on to post incredible numbers down the stretch, with a .328/.406/.590 slash line across 69 plate appearances. He made the Yankees’ postseason roster and got into Game 4 of the ALDS against the Tigers, where he went 2-for-2 with a run scored and an RBI.
That would be Montero’s last appearance in a Yankees uniform. In January of 2012, he was traded to the Mariners in what at the time was viewed as a blockbuster deal. Montero and teammate Hector Noesi were shipped to Seattle in exchange for All-Star right-hander Michael Pineda and pitching prospect Jose Campos. Pineda didn’t live up to his sensational rookie campaign after being traded to New York, but did manage to post a solid 4.16 ERA in 89 starts from 2014 to 2017 with the Yankees after battling injuries in his first two seasons with the team. Neither Noesi nor Campos had much impact in the majors, though Noesi did manage to pitch in parts for six MLB seasons.
As for Montero, the star prospect split time between catcher and DH for the Mariners in 2012 as an everyday player. Unfortunately, his season did not go as either he or Seattle were surely hoping it would. Montero was solid enough at the plate but hit just .260/.298/.386 with 15 doubles and 20 homers. It was a roughly league average performance, but with Montero still in his age-22 campaign there was plenty of reason for optimism that he would be able to take off in the future. That did not come to pass, however, as Montero struggled early in the 2013 season before being sidelined by a torn meniscus and accepting a 50-game suspension as part of the Biogensis scandal.
A combination of injuries, under-performance, and the aforementioned suspension left Montero limited to just 73 games in the majors between 2013 and 2015. In that time, he hit a disappointing .217/.255/.374 in 243 plate appearances. Prior to the 2016 season, the Mariners designated Montero for assignment. He went on to play in the minor leagues for the Blue Jays and Orioles throughout the 2016 and ’17 seasons and even found himself named to the Triple-A All-Star game during his time with Triple-A Buffalo, but was suspended for a second time for the use of a banned substance.
Montero played in the Mexican League in 2017 and 2018 before logging 29 games in Venezuelan winter league play. He played his last professional baseball game during the 2020-21 winter league season. In all, Montero made it into 226 MLB games across parts of five seasons and hit .253/.295/.398 with 28 home runs and 31 doubles.
We at MLB Trade Rumors send our condolences to Montero’s family, friends, loved ones and former teammates.
All things considered, it was a solid year for the Yankees even if it didn’t live up to the perennial World-Series-or-bust expectations of their fans. Despite Gerrit Cole not throwing a single pitch for the team this year and Juan Soto signing elsewhere last winter, they managed to win 94 games thanks to a few key additions like Max Fried and Cody Bellinger, big steps forward from Ben Rice and Trent Grisham, and another MVP-caliber campaign from Aaron Judge.
Not everything went right for the Yankees this year, however, and that’s even ignoring the outcome of the postseason. Some young players who looked like key pieces of the organization’s future this time last year took steps backwards in 2025. While that’s true of Austin Wells and Luis Gil, there’s no player who better exemplifies this than shortstop Anthony Volpe. Volpe was once a consensus top-15 prospect in the sport and even won the Gold Glove in his rookie season with the Yankees, but he’s never quite been able to muster even a league average slash line at the plate.
An 87 wRC+ last year was enough to make him a three-to-four win player thanks to his stellar defense. But this season, the wheels came off. The biggest reason for that is the decline of Volpe’s glove. After being one of the best defenders in all of baseball last year with +14 Outs Above Average, he flipped the script entirely and put up one of the worst performances of any defender in the sport with an OAA of -7.
That’s the sort of defense that might not cut it for a strong bat at the infield’s most important defensive position, so it certainly wasn’t cutting it while Volpe hit a paltry .212/.272/.391 (83 wRC+) in 153 games this year. Some of that can be attributed to poor fortune on batted balls, as his BABIP dropped 50 points relative to the year prior despite a career-high barrel rate of 10.5%. That’s not the whole story, however, as he also hit the fewest line drives of his career this year (15.4%) and struck out at an elevated 25.2% clip. Even his baserunning took a step back, as he went just 18-for-26 on the basepaths after stealing 28 bases in 35 last year.
It’s possible that a partial labrum tear that Volpe spent most of the season playing through is to blame for at least some of his struggles this season. He had a .237/.328/.456 slash and 119 wRC+ through the end of April, just a few days before injuring his shoulder. He hit .205/.255/.374 for a 74 wRC+ from the start of May onwards. He underwent surgery to repair that shoulder but will start 2026 on the injured list.
That might make it seem obvious that the Yankees should either move on from Volpe entirely or at least bring in a player who can handle the majority of shortstop duties while Volpe slips into a smaller role. Things aren’t likely to be that simple, however, in large part due to the weakness of the coming class of shortstops. The prize of this class is Bo Bichette, but he comes with defensive concerns of his own and has long been viewed as a player who would profile better at either second or third base.
The pickings are quite slim outside of Bichette when it comes to shortstops, however. Ha-Seong Kim might opt out of his contract with Atlanta, but he’s coming off an even more difficult season than Volpe. Trevor Story might be a modest upgrade, but he offers limited upside headed into his age-33 season and might not opt out of his contract with the Red Sox. The trade market might feature CJ Abrams but his defense is questionable enough that he may not stick at that spot for much longer. Without another replacement who would be a clear upgrade over Volpe, the Yankees may be forced to choose between either shelling out for a defensively-flawed solution in Bichette or sticking with their internal options.
Those internal options don’t necessarily have to lead to Volpe starting the majority of the Yankees’ games at shortstop next year, though that might be the most likely outcome. Jose Caballero will be back next season and earned plenty of fans in the Bronx for his work on both sides of the ball in 40 games down the stretch. Perhaps he could share time with Volpe at shortstop in the early part of 2026, with the possibility of top-100 prospect George Lombard Jr. stepping up later in the season. Lombard spent most of 2025 at Double-A, so a debut in 2026 isn’t entirely unrealistic. However, he also hit just .215/.337/.358 at the level, suggesting he might need more time to develop before arriving in the show.
How do MLBTR readers view New York’s shortstop situation? Will Volpe be the solution at the position next year? Will they bring in a free agent or trade for someone to handle things? Or will an internal candidate like Caballero or Lombard take the job from Volpe by the end of next year? Have your say in the poll below:
Yankees manager Aaron Boone held a press conference today and provided some notable updates about players on the roster. Outfielder Aaron Judge will not require offseason surgery on his right elbow. However, left-hander Carlos Rodón underwent a procedure to remove loose bodies from his left elbow. He will be no-throw for eight weeks and will likely miss the start of next season. Shortstop Anthony Volpe, who had shoulder surgery this week, won’t be able to hit for four months and won’t be able to dive for six months. Chris Kirschner of The Athletic was among those to relay the updates (tweet one, two and three). General manager Brian Cashman also confirmed, per Greg Joyce of The New York Post, that Volpe will indeed start the season on the injured list.
The news on Judge is obviously good. He was diagnosed with a flexor strain in July. Though his stint on the IL was minimal, he was limited to designated hitter duties in August. This was a bit awkward, as it forced Giancarlo Stanton into the field, surely more than the Yankees had planned on. Judge gradually played the outfield more throughout September and into October.
If Judge had required Tommy John surgery or some other significant elbow operation, that would have had lingering impacts into the 2026 season, though it seems Judge will be expected to be a full-time outfielder again next year. That should allow the Yankees to go into 2026 planning on having Judge in right and Stanton in the DH slot.
The outfield will still be a focus this offseason, however. Trent Grisham is an impending free agent. Cody Bellinger is going to opt out of his contract and hit the open market as well. That leaves Judge and Jasson Domínguez as the two outfield holdovers. A former top prospect, Domínguez has yet to fully break out. 2025 was his largest stretch of big league playing time. He produced roughly league average offense with poor defense.
Per Kirschner, Boone expects Domínguez to be a regular with the Yanks next year but the skipper added the caveat that it depends what moves happen this offseason. The Yanks could pursue reunions with Bellinger and/or Grisham while the free agent market also features names like Kyle Tucker, Harrison Bader and Cedric Mullins. The trade market should feature names like Lars Nootbaar, Alec Burleson, Adolis García and others. Per Jack Curry of the YES Network, Cashman said he would love to have Bellinger back but the Yankees haven’t had any offseason discussions yet. Per Kirschner, Cashman says that prospect Spencer Jones has also put himself in the mix for a job next year, though that also depends on what happens in the offseason.
The Rodón news is obviously less pleasant. It doesn’t appear as though he’s slated for a huge absence, but the Yanks will go into the season with a few guys on the IL. Gerrit Cole had Tommy John surgery in March of last year. He should return at some point in 2026 but Boone confirmed today, per Kirschner, that Cole would not be ready by Opening Day. Clarke Schmidt had his own TJS in July and will be out well into the 2026 campaign.
Those arms could provide nice in-season boosts to the rotation but the Yanks will have to begin the campaign without them. As of right now, the Opening Day rotation projects as Max Fried, Luis Gil, Cam Schlittler and Will Warren. The Yankees will presumably look to bolster that before Opening Day. It’s possible they end up with a crowded group once Rodón and Cole get back on the mound but other injuries are fairly inevitable. The free agent market is headlined by guys like Framber Valdez, Tatsuya Imai, Dylan Cease and Ranger Suárez, while the trade market could feature MacKenzie Gore, Joe Ryan and plenty others.
As for Volpe, it seems Boone still views him as the shortstop once he’s healthy. “Yeah, he’s right in the mix to do that,” Boone said today, per Kirschner. Cashman also admitted today, per Bryan Hoch of MLB.com, that the shoulder issue was impacting Volpe during the season.
That’s backed up by the numbers. Volpe’s defensive metrics dropped significantly this year. He had six Defensive Runs Saved and 14 Outs Above Average in 2024 but 2 DRS and -7 OAA in 2025. His offense finished in a similar spot to previous seasons but he seemed to drop off a cliff once he suffered the injury. He had a .237/.328/.456 slash and 119 wRC+ through the end of April, just a few days before injuring his shoulder. He hit .205/.255/.374 for a 74 wRC+ from the start of May onwards.
Going into 2026, the Yankees could look to external options, though there aren’t surefire answers out there. The free agent market is headlined by Bo Bichette, who is an excellent hitter but a poor defender. Guys like Ha-Seong Kim and Trevor Story could be out there via opt-outs, though there are issues there as well. Kim is coming off a poor season after recovering from shoulder surgery. Story had a bounceback year after his own injury odyssey but he’s about to turn 33 and may not opt out anyway. CJ Abrams may be available in trade but he’s not a great defender either and the bat is inconsistent.
Perhaps the Yankees will let José Caballero hold the job until Volpe is healthy. Caballero played well after being acquired at the deadline. Braden Shewmake is on the roster as depth and the Yanks could bring in some veteran utility types.
Photo courtesy of Brett Davis, Imagn Images
Devin Williams endured a tumultuous season in the Bronx, but the free agent has expressed interest in returning to New York. Williams told Bryan Hoch of MLB.com he’d “definitely be open” to rejoining the Yankees in free agency. “I really enjoyed my experience here. … There’s a lot to like about this city, but it took me some time to adjust.”
New York acquired Williams from Milwaukee this past offseason. The Yankees gave up left-hander Nestor Cortes and infielder Caleb Durbin for a year of the elite closer’s services. The team’s previous stopper, Clay Holmes, bolted in free agency for a starting opportunity with the Mets. New York was able to replace Holmes with one of the premier relievers of the decade, though the move didn’t pan out as expected.
Williams earned a save against his former team on opening night. He gave up three base runners and needed 36 pitches to get three outs, but got the job done. Williams had a couple of uneven performances in the ensuing weeks, including an extra-inning loss against Pittsburgh, though none came in save situations. He locked down all four of his initial save chances. Williams coughed up a four-run lead on April 19 against Tampa Bay, leading to another extra-inning defeat. In his next appearance, Williams gave up three runs and recorded zero outs to blow his first save. The rough outing cost him the closing gig.
The next few months saw Williams work himself back into the late-inning mix after initially working in low-leverage spots. Luke Weaver earned six saves in May, but a hamstring strain cost him most of June. Williams returned to the closer role and went 12-for-13 on save chances from June through July. New York added a slew of relievers at the trade deadline, including a pair of closers in Camilo Doval and David Bednar. It was Bednar who would assume the role for New York, picking up 10 saves over the final two months of the season. He added two more saves in the playoffs.
Williams’ 4.79 ERA stands out as easily the worst of his seven-year MLB career, but he looked more or less like himself after regaining the closer’s role. Williams posted a 3.92 ERA with an elite 38.6% strikeout rate from June through the end of the regular season. He ripped off nine straight scoreless outings heading into the playoffs, then put up four more zeroes in the postseason. Williams averaged 94.1 mph on his fastball this year, which was down slightly from 2024 (94.7 mph), but right in line with 2023 (94.2 mph) and 2022 (94.1 mph).
The most encouraging sign for Williams, and maybe the biggest factor as he enters free agency, was durability. He made it through 2025 unscathed in the health department, leading to career highs in innings (62) and appearances (67). Williams missed the first four months of his final season in Milwaukee with stress fractures in his back. He was his usual dominant self when he returned, but the 21 2/3 innings he totaled were his fewest in a season since his rookie year.
Williams is entering a crowded reliever market. Proven closers Ryan Helsley and Raisel Iglesias are the headliners, along with Williams. Edwin Díaz and Robert Suarez could join them if they opt out of their current contracts. Emilio Pagan and Shawn Armstrong are coming off career years as fill-in closers. Veterans like Kenley Jansen, Kirby Yates, and Kyle Finnegan have plenty of late-inning experience. Weaver might’ve earned himself a look as a closer after two strong seasons in New York.
Age is certainly on Williams’ side compared to the other available bullpen options. He’s now entering his age-31 season, making him one of the youngest notable free agent relievers. Williams is well-positioned to earn one of the longest and most lucrative contracts of the group, despite the hiccup to begin his New York tenure.
The Yankees will have Bednar and Doval under team control for next season, so they don’t have a strong need to reunite with Williams. Bednar’s ascension to the closer role after joining the team may also be a factor. Williams said it “depends on the scenario” regarding whether being the closer would impact his free agency decision.
With both Williams and Weaver potentially on the move, New York likely needs another piece or two to solidify the backend of the bullpen. The Yankees ranked just 23rd in bullpen ERA in 2025. They slipped to 26th after the trade deadline. Given their history of spending, the franchise will likely be in the mix for every notable name on the market.
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