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Rockies To Sign Michael Lorenzen

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The Rockies are in agreement with Michael Lorenzen on a one-year, $8MM contract, reports Jeff Passan of ESPN. The deal includes a $9MM club option for the 2027 season. Colorado has an available 40-man roster spot and will finalize the deal once Lorenzen passes a physical. He’s represented by CAA Sports.

It’s the first MLB signing of the winter for Colorado, meaning it is also Paul DePodesta’s first notable pickup as their head of baseball operations. (The Red Sox are now the only team that hasn’t signed a big league free agent this offseason.) It’s likely to be the first of a few pitching adds for the rebuilding club. General manager Josh Byrnes said this week that they were hoping to bring in two experienced starters.

The Rockies very rarely add to their rotation via free agency. This is the first time they’ve added a free agent starter on a $5MM+ guarantee since the Kyle Kendrick signing in 2015. Coors Field obviously isn’t a preferred destination for most pitchers. A seven-year streak of finishing fourth or fifth in the NL West doesn’t help matters.

One thing they can certainly offer is opportunity. Lorenzen would be a sixth starter or swing arm for a lot of teams. He’ll get a guaranteed rotation spot in Colorado, where he lands behind Kyle Freeland as their most established arms. The 34-year-old righty has spent the past season and a half with the Royals. He worked at the back of Kansas City’s rotation for most of that time, including 26 starts last year. Lorenzen pitched to a 4.64 earned run average over 141 2/3 innings.

A multi-inning reliever early in his career with the Reds, Lorenzen prioritized a rotation opportunity upon getting to free agency after the 2021 season. He has bounced around on a handful of one-year deals that have generally given him a back-end starting job. This is the fifth consecutive offseason in which he commanded exactly one year on an MLB contract. The deals have all guaranteed between $4.5MM and $8.5MM and have come with five different teams: the Angels, Tigers, Rangers, and Royals. He has also been traded twice and is now on his seventh team overall.

Lorenzen has surpassed 130 innings in each of the past three seasons. He has required an injured list stint in four consecutive years, but a 2022 shoulder strain led to his only lengthy absence. His recent IL stints have been for minor issues: groin, hamstring, neck and oblique strains — none of which cost him more than a month.

The 6’3″ righty works with one of the deepest arsenals of any pitcher in MLB. Statcast’s tracking metrics identity seven distinct pitches, none of which he uses more than a quarter of the time. His four-seam fastball checks in around 94 MPH. He also throws a sinker, changeup, and four breaking pitches (slider, curveball, cutter, sweeper). Nothing stands out as plus in isolation, but he carves out decent results by mixing and matching. Lorenzen has a 4.10 ERA with a modest 19.3% strikeout rate against an average 8.7% walk percentage over the past four seasons.

Anything close to that production would make him one of Colorado’s best pitchers. Freeland was their only pitcher who made more than six starts and allowed fewer than 6.33 earned runs per nine innings. The rotation’s 6.65 ERA was historically terrible. Germán Márquez isn’t expected back in free agency. Antonio Senzatela was demoted to the bullpen late in the season and is expected to remain in long relief.

Freeland and Lorenzen are locked into the top two rotation spots. Ryan Feltner, Chase Dollander, Gabriel Hughes, Bradley Blalock, Tanner Gordon, McCade Brown and waiver claim Keegan Thompson are the other options on the 40-man roster. Feltner is the only one of the bunch who has had any kind of MLB success, and he’s coming off an injury-plagued season. Dollander is a former top 10 pick who held his own on the road but was terrible at Coors Field as a rookie. They’re penciled into the rotation for now, while the fifth starter job would be wide open if they don’t succeed in bringing in anyone else this offseason.

Lorenzen will eat some innings and raise the floor when he takes the ball. He’s not the caliber of pitcher who’s going to net a huge trade return, but the Rox will hope for a solid first half that allows them to flip him for a lottery ticket prospect at the deadline.

Image courtesy of Jay Biggerstaff, Imagn Images.

Rays Agree To Minor League Deals With Edward Olivares, Blake Sabol

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The Rays agreed to minor league deals with outfielder Edward Olivares and catcher Blake Sabol, reports Marc Topkin of The Tampa Bay Times. Both players will be in camp as non-roster invitees. Additionally, Topkin reports that right-hander Brian Van Belle signed a two-year minor league contract after being released last month.

Olivares, a veteran of parts of five MLB seasons, is back stateside after a year in Japan. The righty-hitting outfielder signed with the Orix Buffaloes last offseason. Olivares only made it into 11 games at the NPB level, batting .182 without a home run. He appeared in 61 games with the Buffaloes’ minor league club, hitting .213/.327/.301 over 165 plate appearances.

The 29-year-old Olivares has played for the Royals, Padres and Pirates. He’s a .254/.306/.407 hitter in a little under 1000 big league plate appearances. He has solid tools headlined by above-average speed and a plus arm. A sub-6% walk rate has limited his on-base upside, and he doesn’t have the power to play everyday in a corner outfield spot.

Sabol gets a new job on his 28th birthday. A left-handed hitter, he played in 110 games for the Giants as a Rule 5 pick in 2023. Sabol connected on 13 homers and hit .235/.301/.394. That’s not bad for a rookie catcher, but a lack of defensive polish has mostly kept him in the minors since that season. Sabol combined for 19 MLB appearances with the Giants and Red Sox between 2024-25. He hit at a league average level in Triple-A two seasons ago but limped to a .183/.296/.326 showing in 66 minor league games last year.

The Rays have Hunter Feduccia and Nick Fortes lined up to split the catching work. Prospect Dominic Keegan is the only other catcher on the 40-man roster. Evaluators have questions about Keegan’s defense, especially his arm. That has been the primary issue for Sabol as well, but he’ll provide some experience as a non-roster player in camp.

Van Belle will miss the entire 2026 season after undergoing late-season elbow surgery. The Rays outrighted him at the beginning of the offseason, then released him entirely in mid-December. Van Belle had been on track to qualify for minor league free agency at the end of next season. The transactional sequence allows the Rays to get a look at him in Spring Training ’27. Van Belle debuted last year with four appearances, tossing 8 1/3 innings of five-run ball.

Latest On Yankees, Cody Bellinger

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The biggest offseason question for the Yankees has been whether they’ll re-sign Cody Bellinger. General manager Brian Cashman is on record about the club’s interest in doing so, and they’ve reportedly made at least two formal contract offers.

It doesn’t appear that Bellinger is on the verge of accepting a deal, however. Brendan Kuty of The Athletic wrote this morning that the sides don’t seem close to an agreement, though talks are continuing. Contract length could be a holdup. Kuty wrote that Bellinger and his representatives at the Boras Corporation were likely looking for a six- or seven-year contract. In an MLB Network appearance, Jon Morosi also suggested that Bellinger continued to seek a deal in the seven-year range. Morosi added that the Yankees unsurprisingly preferred a four- or five-year commitment.

Most external projections forecast a five- or six-year deal. MLBTR predicted a five-year, $140MM contract at the beginning of the offseason. Bellinger is headed into his age-30 season. There’s precedent for players commanding seven-plus years at that age, but the most recent free agent hitter to do so was Brandon Nimmo in 2022. There hasn’t even been a six-year contract for a free agent bat in his 30s since the Nimmo deal, but Alex Bregman (who was a year older at the time) rejected a six-year offer from the Tigers last winter.

Bellinger is coming off a fantastic first season in the Bronx. He hit .272/.334/.480 with 29 home runs across 656 plate appearances. He cut his already low strikeout rate to a personal-best 13.7% clip. Bellinger’s bat speed and exit velocities — which prevented him from commanding a long-term contract two years ago — remain middling. His left-handed bat was perfectly suited to Yankee Stadium, where he hit .302/.365/.544 with 18 of his home runs. His .241/.301/.414 batting line on the road is essentially league average.

While that wouldn’t be much of an issue for the Yankees, they may feel that’ll give other teams pause. We’re only a year removed from Bellinger having essentially no trade value when he was signed for two years and $52.5MM. New York acquired him from the Cubs for journeyman pitcher Cody Poteet, whom Chicago cut at the end of Spring Training. The only cost for the Yankees was taking on all but $5MM on Bellinger’s deal. Trade talks were complicated by an opt-out clause in his contract, but it’s notable that teams weren’t eager to sign up for even two years at $25MM annually last offseason. A six-plus year commitment at a similar annual value is a significant ask.

Do teams other than the Yankees feel Bellinger is a dramatically different player than he was a year ago? His camp will surely argue that his success in New York — on top of his previous work in big markets in Los Angeles and Chicago — should move the needle. Bellinger also isn’t attached to draft compensation, as he was in 2023 when he declined a qualifying offer from the Cubs.

His results have outpaced his more middling batted ball metrics in three consecutive seasons. Bellinger is never going to recapture the ferocious power he had before he injured his right shoulder during the 2020 postseason. He has reinvented himself as an elite contact bat, and while his home/road splits aren’t encouraging, his platoon numbers are more impressive.

Bellinger is a .329/.371/.546 hitter against left-handed pitching over the past three seasons. Among lefty hitters with 250+ plate appearances in that time, only Yordan Alvarez has a superior slugging mark. Bellinger trails only Alvarez and Juan Soto in on-base percentage. Teams can comfortably pencil Bellinger in as an everyday player in either corner outfield spot, and he’s an option for at least semi-regular center field work.

Poll: Who Will Sign Bo Bichette?

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It’s been an unusual trip through free agency for Bo Bichette. The infielder is one of the most attractive free agents on the market as a bat-first shortstop with multiple All-Star appearances under his belt who will only be 28 years old next year, but he’s not gotten much attention in the rumor mill this winter as players like Kyle Tucker, Alex Bregman, and Cody Bellinger have absorbed most of the offseason attention. Perhaps that lack of buzz has been due to a widespread assumption that Bichette, who has long spoken about his desire to stay in Toronto for his entire career, was sure to remain with the Blue Jays going forward. That’s an illusion that’s been shattered by the Jays’ addition of Kazuma Okamoto and their reportedly increased aggression in the market for Tucker, however. If the Blue Jays appear to be pivoting towards other stars, where does that leave Bichette? A look at his potential landing spots:

Boston Red Sox

The Red Sox haven’t been shy about their desire to either re-sign or replace Bregman, adding to an infield mix that already includes Trevor Story and Marcelo Mayer as likely starting options. Bichette would certainly be as strong an addition as any for the Red Sox, adding a transformational right-handed bat to their heavily left-handed lineup. Bichette would likely be the weakest defender at shortstop between himself, Story, and Mayer, but that shouldn’t be a significant problem seeing as Bregman himself does not play shortstop and Bichette has expressed a willingness to move off his native position headed into 2026.

All of that makes Bichette a great fit for the Red Sox, which is surely why they held a video meeting with him last month. Even so, there are some potential obstacles. The team has reportedly started to be more aggressive in their pursuit of Bregman in free agency, and it’s nearly impossible to imagine Boston bringing in both players. Even if they don’t bring Bregman back into the fold, the Red Sox have shown a clear preference for utilizing the trade market to improve rather than free agency, so perhaps someone like Brendan Donovan or Ketel Marte would hold more appeal.

Chicago Cubs

The Cubs are a more recent entrant into the Bichette sweepstakes, as they’ve been connected to him in recent weeks. Chicago has had a very quiet offseason so far, but with Tucker expected to head elsewhere in free agency it’s easy to see why they might want to bring in a big bat to supplement the offense. As the #2 free agent in this year’s class behind Tucker, Bichette would certainly qualify, and his relative youth could be attractive to a Cubs team that is building up a core of young talent that includes Pete Crow-Armstrong, Matt Shaw, Michael Busch, and Cade Horton with more youngsters on the way.

On the other hand, Dansby Swanson and Nico Hoerner are the league’s best defensive middle infield combination at the moment. Bringing Bichette into the fold would seemingly either require Bichette to move to third base (thereby pushing Shaw into a utility role) or trading Hoerner to free up the keystone. The team’s front office already gave Shaw a vote of confidence earlier this winter, but Hoerner’s name has come up occasionally in trade rumors this winter as he heads into his final season before free agency.

Los Angeles Dodgers

As with the Cubs, Los Angeles’s interest in Bichette is a somewhat recent development. It’s hardly ever a shock to see the Dodgers involved in the market for a top free agent, and Bichette is no exception to that. After a down season in 2025 from Mookie Betts, adding Bichette’s right-handed bat to the middle of the lineup could be very attractive for the Dodgers in order to help balance out the big lefty bats offered by Shohei Ohtani and Freddie Freeman.

With that being said, an infield consisting of Betts at shortstop, Bichette at second base, and Max Muncy at third base could leave much to be desired defensively. What’s more, such an alignment would require moving Tommy Edman back into center field on a daily basis, a move the club could be hesitant to make given his injury history. Of the winter’s top free agents, Tucker seems like a more straightforward fit for the Dodgers given their weak outfield mix. Even with that being said, however, the Dodgers’ financial muscle and eagerness to build on their back-to-back World Series wins leaves just about anything on the table for the club.

Toronto Blue Jays

While much of the discourse surrounding alternative suitors for Bichette is due to the seemingly closing window for him to return to Toronto, that doesn’t mean the Blue Jays are completely out of the running. Bichette’s affection for the only team he’s known since being drafted in the second round back in 2016 has been widely reported for years now, and his close connection with fellow star Vladimir Guerrero Jr. surely makes a return to Toronto the most attractive option from his own perspective. While Tucker is a more straightforward fit for the team’s needs after signing Okamoto, Bichette would still certainly be an extremely viable alternative if the bidding for the star outfielder gets outside of the Jays’ comfort zone. Placing Bichette at second base and either moving Ernie Clement into a bench role or having Okamoto split time between first base, third base, DH, and the outfield corners in order to create playing time for Clement could certainly be a viable option.

Other Options

Those four teams are perhaps the most feasible options for Bichette, but they’re far from the only ones. The Phillies have been connected to him and could certainly fit him into the lineup if they were to more significantly alter their lineup by dealing Alec Bohm, but signing Bichette seems likely to complicate their ability to re-sign J.T. Realmuto. The Yankees have also been connected to Bichette and might be his best chance at playing shortstop in 2026 given Anthony Volpe’s difficult year last season, but they presently seem focused on signing Bellinger and adding to their rotation, making a pursuit of Bichette lower on their list of priorities. The Giants could certainly use an upgrade at the keystone over Casey Schmitt, but they’ve been more focused on trade options like Donovan and Hoerner than the free agent market. The Tigers could theoretically put Bichette at shortstop in 2026 alongside Gleyber Torres before sliding him over to second when Torres hits free agency next year in order to make room for top prospect Kevin McGonigle, but Detroit’s front office seems largely content to head into 2026 with the same group that brought them back-to-back playoff berths the past two seasons.

Where do MLBTR readers ultimately think Bichette will land? Have your say in the poll below:

Mariners To Sign Patrick Wisdom To Minor League Deal

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The Mariners and infielder Patrick Wisdom are in agreement on a minor league deal, reports Aram Leighton of Just Baseball. The Apex Baseball client will receive an invite to big league spring training.

Wisdom, now 34, had a strong run with the Cubs from 2021 to 2023. His production was fairly predictable. He would strike out a ton but would usually put the ball over the fence when he did connect. He hit at least 23 home runs in each of those three seasons but struck out in at least 34% of his plate appearances in all three.

Put together, he had 76 home runs in 1,211 plate appearances over those years while striking out at a 36.9% clip. That led to a lopsided .214/.298/.473 line. Despite the strikeouts and low batting average, he was 11% better than league average for that span, according to wRC+.

He got bumped into a bench role in 2024 but hit just .171/.237/.392 174 plate appearances. Since he was never an especially gifted defender, the drop-off at the plate became untenable and he was non-tendered at season’s end.

He signed with the the Kia Tigers of the Korea Baseball Organization and revered back to his previous form. He struck out in 29.2% of his plate appearances in South Korea last year but launched 35 homers. He finished the year with a .236/.321/.535 line and 126 wRC+. He got brief stints in the outfield corners but mostly split his time between third and first base.

The Mariners will bring him aboard in a non-roster capacity and get a look at him. They have Josh Naylor as their regular at first base. The hot corner is a bit more open. The club has some interest in bringing back Eugenio Suárez, another power-hitting third baseman with big strikeouts, but he remains unsigned as a free agent.

It’s possible that prospect Colt Emerson could take over the job this year but he’s currently only 20 years old and hasn’t yet made it to the majors, with just six games of Triple-A experience. Ben Williamson currently projects as a glove-first regular at third, at least until Emerson forces his way in. Wisdom gives them another option without taking up a roster spot. It’s also possible Wisdom could earn his way into a bench role as a right-handed bat, providing platoon coverage for lefties like Naylor, Dominic Canzone, J.P. Crawford, Cole Young and Luke Raley.

Photo courtesy of Jim Rassol, Imagn Images

Dodgers, Brusdar Graterol Avoid Arbitration

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The Dodgers and right-hander Brusdar Graterol have avoided arbitration, reports Robert Murray of FanSided. The righty will make $2.8MM this year, the same salary he made in 2025. He missed the entire season due to injury.

This isn’t an especially surprising result. The arb system generally sees player salaries rise each year. In cases where a player misses an entire season, their salary usually holds steady. MLBTR contributor Matt Swartz therefore projected Graterol to make the same $2.8MM salary as he did in 2025, which has indeed come to pass.

By agreeing to the number now, the Dodgers will have a slightly shorter to-do list tomorrow. Thursday is the deadline for teams and players to file arbitration figures if they don’t come to an agreement. The Dodgers started the offseason with nine arbitration-eligible players but that’s now down to three for the deadline day tomorrow.

Tony Gonsolin and Michael Grove were designated for assignment and became free agents. Evan Phillips was non-tendered. Ben Rortvedt was claimed off waivers by the Reds. The Dodgers picked up a club option on Alex Vesia. With Graterol now settled, the Dodgers will have just Anthony Banda, Brock Stewart and Alex Call undetermined going into tomorrow.

2026 will be Graterol’s final season before he’s slated for free agency. He’ll be looking to bounce back after a couple of injury-marred seasons. He spent many years as a key setup arm for the Dodgers, with big velocity and huge ground ball rates. From 2020 to 2023, he posted a 2.69 earned run average over 173 2/3 innings. His four-seamer and sinker both averaged about 99 miles per hour. That oddly didn’t translate to many strikeouts, just an 18.9% clip, but he got grounders on a massive 62.5% of balls in play.

Shoulder problems and then a hamstring strain limited him to just seven appearances in 2024. He underwent surgery on that shoulder in November of that year. It was initially hoped that he could return in the second half of 2025 but that didn’t come to pass. Despite the injuries, he could go into free agency with good momentum since he won’t turn 28 years old until August, though he’ll obviously need much better health to boost his earning power.

Photo courtesy of Wendell Cruz, Imagn Images

Angels Claim Wade Meckler

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The Angels announced that they have claimed outfielder Wade Meckler off waivers from the Giants. He had been designated for assignment by San Francisco last month. The Halos had a couple of 40-man vacancies and didn’t need to make a corresponding move.

Meckler, 26 in April, changes teams for the first time. The Giants drafted him in 2022 and he has been with that club until today. Generally speaking, he has a contact-based approach at the plate with limited power. He stepped to the plate 1,157 times in the minors over the past three years with just 16 home runs but his 13.1% walk rate and 16.7% strikeout rate in that span were both excellent figures. Even with the lack of power, his combined line of .311/.403/.431 in those seasons translated to a 127 wRC+, with some help from a .371 batting average on balls in play.

Despite the solid numbers, the Giants never gave him much time in the majors. He got a brief look in 2023, hitting .232/.328/.250 in 64 plate appearances, but wasn’t called up in either of the past two campaigns.

Whether his offensive approach can work against big league pitching isn’t really known at this point. According to Baseball America, he does well with fastballs but whiffs on a lot of breaking pitches. He does have a solid floor thanks to his speed and defense, however. BA describes his speed as “double-plus”. During his brief stint in the majors in 2023, Statcast ranked his sprint speed in the 95th percentile of big leaguers. He has played all three outfield spots in his professional career.

The Angels don’t really have a clear solution in center field right now. Jo Adell got most of the playing time there in 2025 but his defensive grades were poor. The Halos opened a corner for him by trading Taylor Ward to the Orioles for Grayson Rodriguez. The club has some willingness to let Mike Trout play center field going forward, after limiting him to right field and the designated hitter spot in 2025, but that likely wouldn’t be for more than an occasional appearance.

Bryce Teodosio got into 50 games in center for the Angels last year and got good grades for his glovework, but he hit just .193/.236/.287. Matthew Lugo is in the mix but he’s a converted infielder without the same defensive acumen. He hasn’t hit yet in the majors either. Kyren Paris is in a somewhat similar position. Nelson Rada might take over the position in the long run but he’s only 20 years old and hasn’t made his major league debut yet.

Considering that group, the Angels have been understandably linked to the center field market this offseason, but they haven’t really done anything about it. Perhaps that will change before Opening Day but it’s a good landing spot for Meckler now. He can battle for playing time either as the regular center fielder or for a role as a fourth outfielder. He also has an option remaining and could be sent to Triple-A as depth.

If things go well, the Angels can keep him around for a while. He has just 24 days of big league service time, that means he is still years away from qualifying for arbitration and even further from free agency.

Photo courtesy of Darren Yamashita, Imagn Images

Royals Exploring Trade Market For Relievers

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The Royals are still in the market for relief help and appear likelier to find another bullpen arm via the trade market than via free agency, Anne Rogers of MLB.com reports. Kansas City’s preference is to add another lefty, per the report. Leaning toward the trade market rather than free agency is due to a desire to create some roster flexibility that the current group lacks.

None of Carlos Estevez, Matt Strahm, John Schreiber, Nick Mears or Bailey Falter can be optioned to Triple-A. Lucas Erceg has a full slate of options but isn’t going to be sent down, given his status as one of the team’s top bullpen arms. Daniel Lynch IV and offseason signee Alex Lange are the only relievers who could plausibly be optioned right now. Since players with more than five years of service cannot be optioned without their consent, signing a free agent would further restrict the team’s moves with regards to shuffling pitchers between Kansas City and Triple-A Omaha.

Kansas City currently has three lefties projected for its Opening Day bullpen: Strahm, Lynch and Falter. Only Strahm, whom they acquired from the Phillies earlier this winter, seems like a lock for leverage innings. While Lynch pitched to a tidy 3.06 ERA in 67 2/3 frames this past season, he did so with the third-lowest strikeout rate among all qualified relievers in MLB (leading only grounder specialist Tim Hill and swingman Kolby Allard). Metrics like SIERA (4.62) and FIP (4.76) are far more bearish on the former top prospect. Falter, meanwhile, was rocked for 15 earned runs in 12 innings after coming over from the Pirates in a July trade.

Those are the only three left-handed relievers on Kansas City’s 40-man roster. The rotation contains three southpaws in Cole Ragans, Kris Bubic and Noah Cameron, but they’re all ticketed for starting gigs. Angel Zerpa has been one of the team’s go-to options from the left side, but he was traded to the Brewers in the swap that netted both Collins and Mears.

It can be difficult to identify obvious trade targets when it comes to controllable relievers. Jose A. Ferrer had been one such lefty, but the Nats already shipped him to the Mariners this offseason. The Cardinals have a left-handed reliever who’s clearly available in trade, but JoJo Romero has five years of big league service and can’t be sent to Triple-A without his consent. He doesn’t fit the mold of controllable, optionable reliever the Royals are seeking.

Speculatively speaking, Dylan Dodd doesn’t have a clear path to innings in Atlanta’s bullpen. The Brewers are deep in lefties (Jared Koenig, Aaron Ashby, DL Hall) and are typically willing to engage in conversation on anyone. The Cubs have signed five free agent relievers this offseason, leaving a trio of lefties on the 40-man roster ticketed for Triple-A work (Luke Little, Jordan Wicks, Riley Martin).

As shown with the Lange signing, the lower tiers of free agency tend to offer bullpen possibilities with options still remaining. John King, non-tendered by the Cardinals, might be a sensible depth lefty, although he’ll hit five years of service with just 24 more days on a big league roster, at which point he’d no longer provide the flexibility apparently sought by Kansas City. He would, however, be a potential multi-year option, given that he’d have an extra year of arbitration control remaining.

There’s a broad range of possibilities to consider, but it seems fair to expect that the Royals could look to put together a trade for an under-the-radar lefty or at the very least try to actively work the waiver wire or DFA market to bring in some additional depth in the next few weeks.

Orioles Designate Jhonkensy Noel For Assignment

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The Orioles announced that they have claimed outfielder Marco Luciano off waivers from the Pirates, a move which was previously reported. To open a 40-man spot, outfielder Jhonkensy Noel has been designated for assignment. The O’s also announced that left-hander Josh Walker, who was designated for assignment last month, has cleared waivers and been sent to Triple-A Norfolk.

Noel, 24, was just claimed off waivers two days ago. It may seem strange to acquire a player and then immediately cut him from the roster but this sequence of events is becoming more common in baseball and the Orioles are one of the more aggressive teams in attempting it. The ideal outcome for the team is that the player eventually clears waivers and stays in the organization as depth without taking up a roster spot.

Baltimore fans should be familiar with the upside of the move. The O’s acquired Ryan O’Hearn from the Royals in January of 2023. He was designated for assignment two days later and cleared waivers. A few months after that, he hit his way back onto the roster and was a productive member of the club for over two years.

Up until he was claimed by the Orioles, Noel had spent his entire career with the Guardians. With that club, he has shown huge power potential but also a poor approach at the plate. He has 351 big league plate appearances to this point with 19 home runs but his 4.8% walk rate and 32.8% strikeout rate are both awful numbers. Despite the long balls, he has a .193/.242/.401 batting line and 79 wRC+, indicating he’s been 21% worse than the league average hitter.

He exhausted his final option season in 2025, which has pushed him into fringe roster territory. The Guards nudged him off and the O’s scooped him up. He’s now back into DFA limbo again, which can last as long as a week. The waiver process takes 48 hours, so the O’s could field trade interest for the next five days, but the Guards weren’t able to line up a trade in the previous weeks. Most likely, Noel will be back on the waiver wire.

Despite the rough major league results, he could draw interest from the raw power and also his better minor league numbers. Over the past two years, he has stepped to the plate 536 times at Triple-A. His 7.5% walk rate and 23.7% strikeout rate at that level are still not great but much closer to average. That’s helped him put up a .285/.349/.538 line and 130 wRC+.

If some other club scoops him up, Noel has just over a year of big league service time. That means he can be controlled for five full seasons and is still two years away from an arbitration raise. If he clears waivers, the O’s can keep him. Since he doesn’t have three years of service nor a previous career outright, he doesn’t have the right to reject an outright assignment.

The situation with Walker is somewhat similar. The O’s claimed him off waivers from the Phillies in August. The O’s then signed him to a major league deal in November. Salary terms of that pact haven’t been reported but it presumably pays Walker something slightly above the $780K league minimum, since he still hasn’t qualified for arbitration.

He was designated for assignment two days later. Like with the O’Hearn and Noel situations, the O’s were hoping Walker would clear waivers and stick with the club in a non-roster capacity. It didn’t work initially, as Atlanta claimed him. But that club designated him for assignment a few weeks later, which allowed the Orioles to claim him back. The O’s then tried again, designating Walker for assignment once more on December 19th.

DFA limbo normally only lasts a week at most, but there are different rules around the holidays, so Walker lingered in the ether for a few weeks. Today, he finally has clarity on his status. While he probably isn’t glad to lose his roster spot, he now at least knows which spring training location he’ll be reporting to.

Walker will try to win in the Baltimore bullpen at some point in 2026. His major league track record isn’t amazing, as he has a 6.59 earned run average in 27 1/3 innings. However, he just posted some intriguing minor league numbers in 2025. Split between the Blue Jays, Phillies and Orioles, he logged 42 2/3 Triple-A frames. His 4.64 ERA in that sample isn’t too exciting but he struck out 24.1% of batters faced and got grounders on 52.1% of balls in play.

Photo courtesy of Ken Blaze, Imagn Images

Reds Outright Lyon Richardson

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The Reds announced that right-hander Lyon Richardson has been sent outright to Triple-A Louisville. That indicates he cleared waivers after being designated for assignment last month when Cincinnati acquired outfielder Dane Myers from the Marlins.

Richardson, 26 this month, was a second-round pick of the Reds back in 2018. Cincinnati added him to the 40-man roster in November of 2022 to keep him out of the Rule 5 draft. He spent the past three years as an up-and-down depth arm for the Reds, getting shuttled between Cincinnati and Louisville.

Over those three seasons, he tossed 55 innings in the majors, allowing 6.05 earned runs per nine. He averaged above 95 miles per hour with both his four-seamer and sinker while also throwing a slider, curveball and changeup. His 51.1% ground ball rate was good but his 16.7% strikeout rate and 14.3% walk rate were both well off league average. He also tossed 199 2/3 Triple-A innings in that span with a 4.19 ERA. His 12.7% walk rate was still rough but he did punch out 26% of batters faced.

He was kept in a relief role in 2025, after mostly working as a starter in prior years. The Triple-A results were decent, as he tossed 32 innings with a 4.22 ERA, 23.5% strikeout rate, 9.6% walk rate and 50% ground ball rate. It didn’t really translate to the majors, however, with a 17.4% strikeout rate and 12.2% walk rate in the show.

He exhausted his final option year in 2025, pushing him to the fringe of the roster. The Reds nudged him off December 27th. DFA limbo is normally capped at a week but the rules are different around the holidays, so Richardson spent close to two weeks in a liminal space but now has clarity on his situation. This is his first career outright and he does not have three years of big league service time. That means he does not have the right to elect free agency. He’ll stick with the Reds in a non-roster capacity and try to earn his way back to the big leagues.

Photo courtesy of Katie Stratman, Imagn Images

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