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Jorge Polanco Declines Player Option

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Infielder Jorge Polanco is now a free agent, reports Jon Heyman of The New York Post. Heyman says Polanco is turning down an $8MM mutual option but Polanco actually converted that to a $6MM player option during the season. Regardless of the details, the larger point is that Polanco is heading back to the open market, collecting a $750K buyout on his way out the door.

The decision is not a surprise. Polanco is coming off a tremendous bounceback season. He stepped to the plate 524 times and hit 26 home runs. His .265/.326/.495 batting line translated to a 132 wRC+, his best offensive performance over a full season in his career.

It wasn’t a perfect season. Ongoing knee problems kept him mostly in the designated hitter spot, though he appeared to get healthier as the year wore on. He made just 34 starts at second base but most of those were after the All-Star break, including 15 in September.

He undoubtedly has more earning power now than he did a year ago, despite being a year older. The aforementioned knee problems limited him to just 118 games with a rough .213/.296/.355 slash line and 93 wRC+. He underwent knee surgery in October. Despite that poor showing and uncertain health status, the Mariners still re-signed him to a one-year deal with a $7.75MM guarantee. That came in the form of a $7MM salary plus a $750K buyout on an $8MM mutual option. Polanco could convert that to a $6MM player option with 450 plate appearances, which he easily topped.

His better platform season and improved health outlook should line him up for a better deal, likely with multiple years, so turning down one year and $6MM is an easy call. The Mariners have interest in bringing him back but he will have other suitors as well and Seattle may be prioritizing a Josh Naylor reunion.

Photo courtesy of Jordan Godfree, Imagn Images

Braves To Exercise Club Option On Chris Sale

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The Braves are exercising their club option on left-hander Chris Sale, according to a report from Jon Heyman of The New York Post. Sale will make $18MM in 2026.

The call to pick up Sale’s option for the 2026 campaign is surely one of the easiest option decisions any team will make this offseason. Sale, 36, is one of the best pitchers of his generation and won the NL Cy Young award in 2024. He was on track to compete for the award again this year, with a 2.52 ERA and 2.71 FIP through 15 starts, but he found himself sidelined for ten weeks over the summer due to a ribcage fracture. He looked just as dominant as ever when he returned, however, with a 2.72 ERA and 2.58 FIP across six starts in August and September. His stuff looked just as good as ever down the stretch, and he struck out an eye-popping 36.4% of his opponents in his 36 1/3 innings of work.

That Sale is pitching well is hardly a surprise, as he’s put together a Hall of Fame-caliber resume over the years. A nine-time All-Star who placed in the top five for AL Cy Young award voting six times before winning the NL award last year, Sale’s career 3.01 ERA, 2.88 FIP, and 30.8% strikeout rate know few equals throughout the game. He’s seventh all-time in strikeout rate among starting pitchers, and his run prevention and peripheral numbers match up well with titans of the sport like Clayton Kershaw and Pedro Martinez despite some of his counting numbers being held back by a relative lack of volume.

Fortunately, that relative lack of volume also means a relative lack of mileage on his arm, as compared to other players in his age range. Even with his 37th birthday on the horizon in March, Sale figures to serve as the club’s ace once again in 2026. He’ll be at the front of an Atlanta rotation with a lot of exciting upside but precious little certainty. Spencer Strider has shown the capacity to be a Cy Young caliber arm in the past, but had a disappointing 4.45 ERA in 2025. Spencer Schwellenbach has a career 3.23 ERA but was sidelined after just 17 starts this past season. Reynaldo Lopez had a 1.99 ERA in 2024 but didn’t appear in a game after March 28th this year.

Adding at least one proven, reliable rotation arm to this group figures to be a priority for the Braves this offseason, though it’s possible they could look to do more than that given the group’s collective injury history and questions about Lopez’s ability to handle the workload of a starter long-term. Even with additions likely on the horizon, though, there’s little doubt that Sale will be making his seventh career Opening Day start (and second for the Braves) in 2026 as long as he completes Spring Training with a clean bill of health.

Shane Bieber To Exercise Player Option

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Shane Bieber has surprisingly exercised his $16MM option to remain with the Blue Jays, reports Jon Heyman of The New York Post. He’s passing on a $4MM buyout, so he’ll pick up an extra $12MM to remain in Toronto for a second season.

The decision removes one of the better starting pitchers from the free agent market. Bieber was midway through a Tommy John rehab when he hit free agency for the first time in his career last offseason. He re-signed with the Guardians, then the only organization he’d known, on a two-year deal that allowed him to opt out after season one. Bieber was on a minor league rehab assignment when the trade deadline rolled around. Cleveland, then believing they were out of contention, traded him to Toronto for pitching prospect Khal Stephen.

The Blue Jays made one of the more fascinating risk-reward decisions of the deadline. They surrendered a legitimate prospect for a potential rental starter who hadn’t pitched in an MLB game in more than 14 months. It worked out well, as Bieber returned as the #3 caliber starter he had been with the Guards in 2023. He made seven regular season starts and turned in a 3.57 earned run average across 40 1/3 innings. Bieber fanned an above-average 23.3% of opposing hitters against an excellent 4.4% walk rate. He looked fully healthy and averaged 92.6 MPH on his four-seam fastball — his best velocity since 2021.

Bieber added another 18 2/3 frames over five postseason appearances. He pitched pretty well overall, allowing nine runs (eight earned) with 18 punchouts against six free passes. Bieber did surrender three playoff home runs, including the World Series-deciding Will Smith longball in extra innings of Game 7. It ended in disappointment, but Bieber was generally effective for the Jays both in the regular season and October.

That seemingly positioned him well for a return free agent trip this winter. Bieber turns 31 in May. While he’s unlikely to recapture the ace form that earned him the AL Cy Young award in the shortened 2020 season, he’d certainly have gotten plenty of interest as a mid-rotation starter who is still young for a free agent. A nine-figure deal didn’t seem entirely out of the question. At the very least, he looked set for a higher average annual value on a two- or three-year guarantee that allowed him to opt out after the first season.

The $12MM difference between the option price and the buyout is well below market value for a pitcher of Bieber’s caliber even if he were determined to take a one-year deal. As shown on MLBTR’s Contract Tracker, that’s less than Walker Buehler, Justin Verlander, Max Scherzer, Alex Cobb, Charlie Morton and Tomoyuki Sugano pulled on free agent contracts last winter. It’s a few million dollars above the guarantees signed by Michael Soroka ($9MM) and Michael Lorenzen ($7MM).

Bieber will nevertheless lock that in and try to help the Jays get over the top in 2026 after their heartbreaking near miss. Only his camp knows the specific reasoning behind that decision. Speculatively speaking, it’s possible he’s hopeful of hammering out a longer-term deal with the Jays. He’s clearly comfortable with the city and the organization. However, there hasn’t been any reporting to suggest the sides have opened extension talks, much less made significant progress. That’s not to say it’s impossible that such conversations have taken place behind the scenes, but the option decision is a huge development for the team.

Toronto had been facing the free agent departures of Bieber, Max Scherzer and Chris Bassitt in the rotation. They’re balancing their starting pitching needs against their desire to retain Bo Bichette, who could command a $200MM+ contract that makes him the second highest-paid player in the free agent class. Bieber voluntarily locking in a below-market salary to rejoin Kevin Gausman, Trey Yesavage and José Berríos is a major boost. They’ll still look to add at least one more starter, but this could give the Jays more flexibility to make a competitive offer to Bichette and/or upgrade the late innings.

Image courtesy of John Sokolowski, Imagn Images.

Royals Sign Salvador Perez To Two-Year Extension

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Salvador Perez will remain in Kansas City for at least another two seasons. The Royals announced an extension with the nine-time All-Star that covers the 2026-27 campaigns. It’s reportedly a $25MM guarantee for the Beverly Hills Sports Council client, though it actually amounts to $23MM in new money. Perez had been guaranteed a $2MM buyout on a $13.5MM club option for the upcoming season.

There’s a decent amount of deferred money that reduces the net present value. Perez receives a $7MM signing bonus that will be paid in annual installments between 2030-34. He makes $9MM salaries for the next two seasons, with $2.5MM annually deferred until 2030-34. The Royals will only pay Perez $13MM during the next two years. Meanwhile, the decent-sized signing bonus ensures he’d get that money even if a work stoppage threatens players’ salaries in 2027.

General manager J.J. Picollo said at the end of September that the Royals would bring Perez back, though he left open the possibility of a new contract rather than simply exercising the option. That’s indeed how things played out. Teams and players have until Thursday to decide on all option decisions. That presumably served as an unofficial deadline for the Royals and Perez to get a new deal in place. The deferrals save the Royals $7MM next year compared to the option value, while the catcher locks in more money down the line with some protection against a lockout.

Perez, 36 in May, is headed into his 15th full season in the big leagues. He’s obviously one of the most accomplished players in team history and seems likely to be a Royal for life. He’s seventh in franchise history in games played and trails only George Brett in both home runs and runs batted in. Perez isn’t going to make up the nearly 600 RBI he’d need to run down Brett, but he should become the franchise’s home run leader next season barring a significant injury. He has 303 longballs, placing him 14 behind the Hall of Famer’s career total.

A healthy Perez should still easily hit 15+ homers in 2026. He drilled 30 round-trippers this year and has eclipsed 20 homers in all but one full schedule dating back to 2014. The lone exception was the ’19 season which he missed due to Tommy John surgery. Perez trailed only Cal Raleigh, Shea Langeliers and Hunter Goodman in home runs among primary catchers this past season. Raleigh is the only other catcher who drove in at least 100 runs.

While Perez remains a legitimate power threat, the flaws in his game are equally well known. He has never been a patient hitter, and he’s coming off his third sub-.300 OBP in the past four seasons. Perez hit .236/.284/.446 across 641 trips to the plate. The overall slash line is a little worse than league average despite the gaudy homer and RBI tallies. It is still strong production from the catcher position, but Perez has begun to branch out to first base or designated hitter a little more often as he has gotten into his mid-30s.

The five-time Gold Glove winner still has a plus arm and did an excellent job shutting down the running game. Pitch framing metrics have panned his receiving work throughout his career. That remained the case in 2025. Statcast also graded him as the second-worst blocking catcher in the sport, better only than Marlins’ rookie Agustín Ramírez (who somehow committed 19 passed balls in 73 games).

There’s very little chance that Wins Above Replacement models are going to look favorably on this deal. Both FanGraphs and Baseball Reference had Perez only marginally above replacement this year. The Royals have long valued the player a lot more highly than public advanced metrics would suggest. He has always been a revered clubhouse presence and fan favorite, and he won the Roberto Clemente award in 2024 for his contributions in the community (both in Kansas City and his native Venezuela). He served as the bridge between their 2015 World Series team and the ’24 club that returned to the playoffs after a nine-year drought.

They weren’t able to get to October this past season. A lack of offense and some late-season rotation injuries combined to drop them to an 82-80 record. Perez will be back as the primary catcher and should split first base/DH work with Vinnie Pasquantino and Jac Caglianone. The Royals will want to work rookie Carter Jensen into the mix more frequently behind the dish. The 22-year-old was called up in September after K.C. traded longtime backup Freddy Fermin to the Padres at the deadline. Jensen hit .300 with three homers in his first 20 games, an impressive follow-up to a .290/.377/.501 season at Triple-A Omaha.

The Royals have around $140MM in estimated commitments for next season, according to RosterResource. Perez joins Bobby Witt Jr. ($19MM), Seth Lugo ($20MM), Michael Wacha ($14MM) and Cole Ragans ($7.5MM) as their players with contracts for 2027. They’re also locked in to at least a $2MM buyout on a club option for Carlos Estévez.

Anne Rogers of MLB.com first reported the $25MM guarantee, the $7MM bonus, and the presence of deferrals. The Associated Press had the specific deferral structure. Image courtesy of William Purnell, Imagn Images.

Braves To Exercise Club Option On Ozzie Albies

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The Braves are going to pick up their club option on infielder Ozzie Albies. The club hasn’t announced the decision yet but president of baseball operations Alex Anthopoulos confirmed the move in a radio appearance, per Mark Zinno of 92.9 The Game. Atlanta will pay him a $7MM salary instead of the $4MM buyout. There’s also a $7MM club option for 2027 but with no buyout.

Even coming off a down season, there was never any scenario where Atlanta would turn down what’s a net $3MM option to keep Albies in the fold. The 28-year-old switch-hitter (29 in January) posted a career-worst .240/.306/.365 batting line (87 wRC+) in 157 games/667 plate appearances this past season, but he’s also not far removed from a 33-homer campaign and .280/.336/.513 output back in 2023. Plus, Albies finished the season looking far more like his typical self; over his final 264 turns at the plate, he produced a .272/.330/.439 line that sat about 11% better than league average.

Albies is now entering year six of what can max out as a seven-year contract. He inked a five-year, $35MM extension that has long stood as one of baseball’s great bargains. That deal contained a pair of $7MM club options, the first of which is now guaranteed bringing the total to six years and $38MM. (The $4MM buyout was included in the original $35MM guarantee.)

Even if Atlanta brass had soured on Albies’ long-term outlook — and, to be clear, there’s no indication that’s the case — picking up the option was a no-brainer. Albies’ bargain-rate salary and matching club option (with no buyout) would still hold appeal to teams seeking second base upgrades on the trade market.

As things stand, Albies can be reasonably expected to serve as the Braves’ everyday second baseman again in 2026. He’ll return to a lineup that’s set at most positions. Drake Baldwin and Sean Murphy will split catching duties. Matt Olson is locked in at first base. Third baseman Austin Riley is signed through 2032. Ronald Acuña Jr. is heading into the final guaranteed season on his contract but, like Albies, has a pair of no-brainer club options (his covering 2027-28). Jurickson Profar is signed through 2027. Michael Harris II, who like Albies had a terrible three months followed by a strong second half, is signed through at least 2030.

Shortstop is the lone position where the Braves aren’t set at the moment. They’ll need to upgrade their bench and have plenty of work to do on the pitching staff — both in the rotation and the bullpen — but that only makes the affordable nature of Albies’ contract all the more appealing. Atlanta’s projected payroll checks in at a hefty $214MM, assuming the club options for Chris Sale, Tyler Kinley and Pierce Johnson are exercised.

The Braves have several non-tender candidates, and cutting anyone from that group will trim next year’s total outlay and their luxury-tax ledger by a few million dollars. But the Braves have only crossed the tax threshold once during the current core group’s time together (2023), so if the aim it to again stay under that line ($244MM in 2026), they’ll need to be judicious in how they address the remaining holes on the roster.

Jack Flaherty Exercises Player Option

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Tigers right-hander Jack Flaherty will not opt out of his contract, reports ESPN’s Jeff Passan. He’ll exercise a $20MM player option and head back to Detroit for a third season. The Tigers formally announced the move just a minute or two after Passan’s initial report.

Flaherty, who turned 30 in October, had an uneven season, but it’s still a mildly surprising decision to pick up the player option. It’s unlikely he’d have commanded a $20MM annual value on the open market, but a multi-year deal at a slightly lesser rate doesn’t seem far-fetched. Middle-of-the-road starters like Luis Severino ($67MM), Taijuan Walker ($72MM), Jameson Taillon ($68MM) and Eduardo Rodriguez ($80MM) have all garnered notable three- or four-year contracts at this age or older.

That said, had Flaherty turned the option down, this would’ve been the third straight season in which he was a free agent. Perhaps there’s an element of fatigue there, particularly given that he lingered in free agency until early February last time around. Turning down the player option would probably also have emboldened the Tigers to make a qualifying offer (only $2.025MM more than Flaherty’s $20MM option). The prospect of another trip to the open market, this time with a QO hanging over him, may not have been especially appealing.

Flaherty started 31 games and pitched 161 innings for manager A.J. Hinch in 2025. He was tagged for a pedestrian 4.64 ERA, though there are plenty of encouraging rate stats that suggest he’s in line for better results moving forward. The right-hander struck out a well above-average 27.6% of his opponents, was slightly better than league-average in terms of swinging-strike rate (11.3%), and sat barely north of average in walk rate (8.7%).

Flaherty’s 92.9 mph average fastball was roughly in line with the prior season’s 93.2 mph mark. He was plagued by a slightly elevated average on balls in play and a lower-than-usual strand rate; metrics like FIP (3.85) and SIERA (3.67) felt that Flaherty was far better than his more rudimentary earned run average would suggest. The 18.9-point differential between his strikeout and walk percentages ranked 16th among the 53 MLB pitchers who tossed at least 160 innings, sandwiching him right between Freddy Peralta and Kevin Gausman.

The return of Flaherty provides some additional stability in Detroit’s rotation. Tarik Skubal will of course lead the staff again, taking aim at what would be a third consecutive Cy Young win (as he’s all but certain to win his second straight award in a couple weeks). He and Flaherty will be joined by Casey Mize and Reese Olson, health permitting, but the final spot is more up in the air. Rookie Troy Melton looked sharp down the stretch but hasn’t pitched a full season in the majors yet. Top prospect Jackson Jobe will miss most of next year after undergoing Tommy John surgery in mid-June. Keider Montero, Sawyer Gipson-Long and Ty Madden join Melton as an option for that last spot, but no one in that group brings much certainty to the table.

If the Tigers were hoping to see Flaherty decline and sign elsewhere, thus sparing $20MM from the books and allowing them to pursue a bigger fish in free agency, they still ought to be able to line up on a trade. Flaherty’s $20MM might feel a bit steep, but the going rate for innings continues to escalate. The Tigers themselves gave Alex Cobb $15MM last winter after a season in which he made just three starts with Cleveland. Aging veterans Charlie Morton ($15MM), Justin Verlander ($15MM) and Max Scherzer ($15.5MM) were all paid similarly — Verlander coming off a 5.48 ERA in 90 1/3 innings as he headed into his age-42 season.

Flaherty’s $20MM salary isn’t a raucous bargain but also isn’t out of line with modern-day contractual norms — particularly if one believes his true talent level lay closer to his fielding-independent metrics than his earned run average. Even with Flaherty now under contract, the Tigers’ projected payroll, per RosterResource, sits around $121.5MM. That doesn’t account for potential non-tenders or trades from a huge class of 14 arbitration-eligible players. Detroit has previously pushed payroll up to the $200MM range, albeit under the watch of now-late owner Mike Ilitch. The Tigers’ top Opening Day mark under his son, Chris Ilitch, has been last year’s $145MM number, though deadline acquisitions pushed the end-of-year figure up into the $155-160MM range.

Trevor Story To Decline Opt-Out Clause, Will Remain With Red Sox

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Trevor Story will not be exercising the opt-out clause in his contract with the Red Sox, MassLive.com’s Chris Cotillo reports.  Story had the ability to leave after the fourth year of his six-year, $120MM deal, but he’ll remain with the Sox and collect the remaining $55MM owed to him rather than test free agency this winter.

The remaining salary breaks down as a $25MM salary in each of the 2026 and 2027 seasons, plus there is a $5MM buyout of a $25MM club option on Story’s services for 2028.  Story turns 33 in a couple of weeks and is coming off an okay but unspectacular 2025 campaign, so he has chosen to stick with the comfort and financial security of his current deal in Boston.

The fact that this decision was even somewhat debatable for Story is a testament to his bounce-back year.  The first three seasons of Story’s contract were essentially a disaster, as injuries limited the shortstop to 163 games and he hit only .232/.296/.397 over 670 plate appearances.  In 2025, however, Story was healthy and played in 157 games, batting .263/.308/.433 over 654 PA.  Story launched 25 home runs and also set a new career high with 31 stolen bases (against just one caught-stealing).

It was something of a comeback year within a comeback year, as Story had to overcome an ice-cold start before heating up considerably after the first two months of play.  The result was an almost exactly average 101 wRC+, and Story also had the lowest walk rate (five percent) of his career.  Story’s glovework had remained a constant even throughout his injury-plagued days in Boston, yet this season his public defensive metrics plummeted to a -7 Defensive Runs Saved and -9 Outs Above Average.

These less-favorable numbers were surely on the mind of Story and his representatives at Wasserman as they considered the opt-out decision.  Even with a lack of premium shortstop talent available in free agency, Story ultimately decided that testing the market wasn’t worth the risk.  Story also might have flashed back to his last time on the open market, when the lockout interrupted the 2021-22 offseason and kept Story from landing his Red Sox contract until more than halfway through March.

With Story now officially back in the fold, the Sox have one big piece of their infield set for 2026.  Alex Bregman did exercise his opt-out clause, so the third base position is a question mark for now unless Bregman re-signs or if the Red Sox install Marcelo Mayer at the hot corner.  The second base starter is also unclear and there have been rumors that Boston wants a first base upgrade over Triston Casas (who is returning from a 2025 season almost entirely lost to injury).

Yu Darvish Undergoes UCL Surgery, Will Miss Entire 2026 Season

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The Padres announced that right-hander Yu Darvish underwent surgery last Wednesday to fix a damaged right UCL and flexor tendon.  The procedure was an internal brace surgery instead of a full Tommy John surgery, yet the outcome is still the same — Darvish will miss the entire 2026 season while recovering.

This will be the second entirely lost year of Darvish’s career, as he missed all of 2015 due to a Tommy John procedure.  He has had some bouts of elbow soreness in the decade since that surgery, most prominently a stint on the 60-day injured list this season stemming from a bout of elbow inflammation that arose during Spring Training.

It wasn’t until July 7 that Darvish finally made his season debut for the Padres, and he clearly didn’t look 100 percent while posting a 5.38 ERA over 15 starts and 72 innings.  Small sample size notwithstanding, Darvish’s 23% strikeout rate was the lowest of his 13 MLB seasons, and his chase and whiff rates were far below average.  His 6.4% walk rate was still quite strong and Darvish did a very good job of limiting hard contact overall, but batters tended to thrive when actually squaring up on the veteran, as Darvish allowed 14 homers over his 72 frames.

Beyond these statistics, perhaps the most prominent numbers are 39 (Darvish’s age) and 3119.  The latter figure is the total number of innings Darvish has amassed over 20 total seasons pitching in the Major League regular season and postseason, as well as seven seasons in Japan with the Nippon-Ham Fighters.  Darvish will be 40 years old on Opening Day 2027 and it is anyone’s guess how he could perform after such a long layoff.

Last month, Kevin Acee of the San Diego Union-Tribune addressed the possibility of Darvish’s retirement, writing that “there has been talk for more than a year about the possibility he could retire at any time,” and that “Darvish has not made any assurances about completing his contract.”  The fact that Darvish has undergone this surgery would surely indicate that he wants to keep pitching, though any setbacks in rehab could perhaps create fresh doubt in the right-hander’s mind.

Darvish signed a contract extension with the Padres in April 2023, and he is still owed $43MM over the course of the 2026-28 seasons.  The $15MM owed to him in 2026 is now a wash, and retiring outright would mean that Darvish is voluntarily walking away from his remaining two years of salary.  The likelier outcome in the event that Darvish is unable to keep playing is that some kind of deferred buyout agreement is made with the Padres so that Darvish will still get his money over a longer period of time.

Given Darvish’s injury history, he was already viewed as a question mark for San Diego’s rotation heading into 2026.  Now that the question has been answered in the most unfortunate way possible, the Padres will go into next season with just two (Nick Pivetta and Randy Vasquez) of the seven pitchers who made the most starts for the team in 2025.  Dylan Cease and Michael King are free agents, Stephen Kolek and Ryan Bergert were traded to the Royals at the deadline. and now Darvish has been sidelined by his UCL repair.

Next year’s rotation projects as Pivetta, Vasquez, deadline pickup JP Sears, Joe Musgrove in his return from Tommy John surgery, and a fifth starter role that could be contested between Matt Waldron, Kyle Hart, or (more intriguingly) star relievers Mason Miller or Adrian Morejon.  San Diego was already expected to add at least one starter to this mix even before Darvish’s injury news surfaced, so the team’s search for rotation help will now be even more pronounced.

Inset image courtesy of Denis Poroy — Imagn Images

Orioles Acquire Andrew Kittredge From Cubs

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The Orioles have reunited with Andrew Kittredge, as the team announced that the right-hander has been acquired from the Cubs in exchange for cash considerations.  While not mentioned in the Orioles’ press release, it can be assumed that the O’s will be exercising Kittredge’s $9MM club option for the 2026 season rather than swinging a trade for the reliever just to buy him out for $1MM.

Last January, Kittredge came to Baltimore for the first time when he signed a one-year deal worth $10MM in guaranteed money — a $9MM salary for 2025, and the $1MM in buyout money.  A debridement procedure in his left knee delayed Kittredge’s 2025 debut until late May, but he was in fine form afterwards, and he became an obvious trade candidate when the O’s fell out of contention.  The result was a deal to the Cubs at the trade deadline, with Baltimore netting infield prospect Wilfri De La Cruz in return.

Kittredge’s overall numbers were even better in Chicago after the trade, and he made five appearances for the Cubs in the postseason.  For 2025 as a whole, Kittredge posted a 3.40 ERA and a superb set of advanced metrics.  His 30.8% strikeout rate and 5.3% walk rate each sat in the 92nd percentile of all pitchers, his 49.2% grounder rate was far above average, and his 41.6% chase rate was the best of any pitcher in baseball.

Today’s trade means that the Orioles have now gotten Kittredge and De La Cruz in their organization, plus they saved roughly $2.8MM in salary when the Cubs took on the remainder of Kittredge’s 2025 salary.  Had everything gone to plan for Baltimore this season, the team surely had an eye towards exercising Kittredge’s club option anyway, so they’ll now get to make that decision after all and address a bullpen need.

Felix Bautista will miss most or all of the 2026 season recovering from shoulder surgery, plus Kittredge was one of several relievers dealt away by the Orioles at the deadline.  Even with Kittredge’s contributions, Baltimore’s bullpen was one of the weakest in the league in 2025, and rebuilding the relief core seems to be one of the club’s top priorities this offseason.

From the Cubs’ perspective, passing the buck (literally and figuratively) on Kittredge’s club option seems like an unusual move.  While Kittredge is entering his age-36 season and Chicago has traditionally been wary about overspending on relief pitching, $9MM seems like a fairly safe investment given how well Kittredge performed in 2025.  The Wrigleyville bullpen was quite solid this year, yet since many names from that group are free agents, exercising Kittredge’s club option would’ve been a way for the Cubs to partially solidify things early in the winter.

Since Shota Imanaga’s three-year club option was also declined by the Cubs earlier today, quite a bit of projected money has now been cleared off the team’s books between Imanaga and Kittredge.  As per RosterResource, Chicago has an estimated 2026 payroll of roughly $148.3MM and a luxury tax number of $164MM — well below their $206.4MM payroll and $227.3MM tax figure from 2025.  While Wrigleyville fans have a right to be concerned over how much ownership is willing to spend, this situation could mean that the Cubs are making room for a bigger-ticket acquisition or two this offseason.

Shota Imanaga Becomes Free Agent

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Left-hander Shota Imanaga has become a free agent, according to a report from Jesse Rogers of ESPN. The Cubs declined their three-year, $57MM club option on Imanaga’s services for 2026-28, and Imanaga subsequently declined his $15MM player option for 2026.

It’s an outcome that would’ve seemed unthinkable just a few months ago. Signed out of Japan to a deal that was on paper a four-year, $53MM contract during the 2023-24 offseason that had the aforementioned complex option structure set to kick in after the 2025 campaign, Imanaga was nothing short of sensational for Chicago in his first year as an MLB pitcher last year. In 29 starts, he pitched to a 2.91 ERA with a 25.1% strikeout rate across 173 1/3 innings of work that earned him an All-Star appearance and a fifth-place finish in NL Cy Young award voting last year.

While that strong rookie campaign seemed to portend a long stay near the front of Chicago’s rotation for Imanaga, things started to unravel this year. Early in the season, he managed to get strong results despite shoddy peripherals, with a 2.82 ERA through eight starts despite a 4.59 FIP and a strikeout rate that had plummeted to just 18.8%. His season was abruptly put on hold by a hamstring injury that cost him nearly two months, and when he returned his strikeout rate continued to dip. He did manage to fire off seven scoreless innings with five strikeouts during his first start after the All-Star break, but from there he began a downward spiral where his results started to match his lackluster peripherals.

From July 25 through the end of the season, Imanaga made 12 starts where he surrendered a 5.17 ERA with a 5.42 FIP across 69 2/3 innings of work. His strikeout rate actually recovered a bit during this stretch, creeping back up to 23.2%, but he allowed an eye-popping 20 home runs in that stretch. Imanaga has always had trouble with the long ball, and even in his excellent 2024 campaign he allowed the tenth-most homers among qualified starters. This year, his 31 homers allowed were the fourth-most in all of baseball despite him pitching just 144 2/3 frames. That’s fewer innings than anyone else in the top 20 besides Tyler Anderson, who allowed 28 homers in 136 1/3 innings of work.

In spite of his lackluster season, a poll of MLBTR readers on September 10 suggested that more than 91% believed the Cubs should exercise his club option. From that point onward, what seemed at the time like a borderline call became more clear as he posted an 8.04 ERA in his final three regular season starts before posting an 8.10 ERA in the postseason and ultimately being passed over for a winner-take-all Game 5 start against the Brewers in the ALDS despite him being on regular rest. By that time, this outcome seemed far more likely. MLBTR’s Tim Dierkes took a guess at Imanaga’s future in our Offseason Outlook coverage of the Cubs on October 22, and settled on the sides both declining their options and Imanaga heading into free agency.

From the Cubs’ perspective, moving on from Imanaga is understandable for a handful of reasons. By picking up his option, the Cubs would be counting on Imanaga to rebound into at least mid-rotation form for his age-32, -33, and -34 seasons. That might not seem like a bad bet to make, but it’s worth noting that Wrigley Field is notoriously fickle in terms of park factors thanks to the wind. In 2024, when Imanaga was at his best with the Cubs, Wrigley suppressed home runs at the fifth-highest rate in all of baseball according to Statcast. This year, that inverted to make the Friendly Confines the 11th-friendliest ballpark in baseball to home run hitters.

Perhaps Imanaga will be able to return to form elsewhere, particularly if he signs in a park with more consistent homer-suppressing tendencies, but it’s not hard to see why the Cubs wouldn’t want to commit to him long-term given that reality. That doesn’t necessarily rule out the possibility that he’ll return to the Cubs at all; Rogers reports that it’s not yet clear if Chicago intends to extend Imanaga the qualifying offer. Recouping draft pick compensation for Imanaga if he departs would surely be attractive to the Cubs, and him accepting the QO may be preferable to having kept him on a three-year deal at a lower annual cost due to the short-term nature of the arrangement. With that said, the market has plenty of mid-rotation or better starters available this winter, and the Cubs might prefer to not risk Imanaga accepting the offer so they can reallocate those dollars to a starter they feel better fits their roster.

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