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Blue Jays, Daulton Varsho Avoid Arbitration

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The Blue Jays and outfielder Daulton Varsho have avoided arbitration, reports Joel Sherman of The New York Post. Varsho will make $10.75MM this year in his final season of club control. He’s a free agent next winter. That tops the $9.7MM figure projected by the algorithm of MLBTR contributor Matt Swartz by a margin of just under 11%. Varsho is repped by ISE Baseball.

The 29-year-old Varsho came to Toronto in the 2022-23 offseason via a trade sending then-top prospect Gabriel Moreno and Lourdes Gurriel Jr. back to Arizona. A converted catcher, Varsho has been a premier defensive center fielder from the jump and has seen his offense improve on a year-over-year basis in Toronto. After a rough start in ’23 (.220/.285/.389), Varsho hit .214/.293/.407 in 2024.

It was the 2025 season, however, where his bat truly took off. Recovery from offseason surgery delayed his season debut until late April, and he missed nearly two month of the summer due to a hamstring strain. But despite being limited to only 71 games and 271 plate appearances, Varsho belted 20 home runs while batting .238/.284/.548. He chipped in 13 doubles and a pair of triples, and his glovework in center field remained elite. Varsho went on to pop three more round-trippers in 81 postseason plate appearances.

Varsho’s agreement pushes the Blue Jays to a payroll of about $281MM, per RosterResource. Their $309MM worth of luxury tax obligations put them into the top tier of penalization, though Toronto is still reportedly in pursuit of further free agents — including incumbent infielder Bo Bichette and top free agent Kyle Tucker. The Jays will pay a 110% tax on any subsequent additions to the payroll due to that $309MM figure, but franchise-record levels of spending don’t appear to be a deterrent on the heels of Toronto’s run to Game 7 of the World Series in 2025.

Orioles Avoid Arbitration With Ryan Mountcastle

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The Orioles and first baseman Ryan Mountcastle have avoided arbitration by agreeing to a contract that gives the O’s control over Mountcastle’s first free agent year, according to FanSided’s Robert Murray.  Mountcastle will earn $6.787MM in 2026, and Baltimore holds a $7.5MM club option on the first baseman’s services for 2027.  Mountcastle is represented by Apex Baseball.

The $6.787MM salary is an exact match for Mountcastle’s 2025 earnings.  MLBTR contributor Matt Swartz projected a $7.8MM salary for Mountcastle in 2026, yet the first baseman has eschewed on even a modest raise while also agreeing to give up a year of free agency, meaning that he won’t be able to fully financially capitalize on a bounce-back season.

The deal may simply reflect the lack of leverage Mountcastle has over his future in Baltimore, as it was viewed as something of a surprise that the Orioles tendered the first baseman a contract in the wake of his lackluster 2025 campaign.  A solid 111 wRC+ hitter over the 2020-24 seasons, Mountcastle plummeted to an 81 wRC+ in 2025 after hitting .250/.286/.367 with seven home runs over 357 plate appearances.  A severe hamstring strain limited Mountcastle to 89 games, which president of baseball operations Mike Elias said in November was a factor in the decision to tender Mountcastle a contract.

Elias’ view is that a healthy Mountcastle can rebound to his pre-2025 self, and thus the team didn’t want to let that player go for nothing.  Keeping a veteran on hand as a complement to Coby Mayo and Samuel Basallo made some sense if the Orioles weren’t fully ready to give the youngsters a full run at regular first-base duties, yet the picture suddenly got a lot more crowded when Baltimore signed Pete Alonso to a five-year, $155MM contract.

It could be that this agreement is a step towards making Mountcastle more of an attractive trade candidate for any interested suitors.  Beyond his lack of a raise on his 2025 salary, the club option would give a new team some additional control at a potential bargain price if Mountcastle can indeed regain his old form.  The Orioles could also pivot by moving Mayo in a trade, and thus Mountcastle becomes first base/DH insurance for 2026 and potentially beyond, giving the team a bit more time to evaluate Basallo.

Orioles Avoid Arbitration With Taylor Ward

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The Orioles and outfielder Taylor Ward have agreed to a $12.175MM salary for the 2026 season, FanSided’s Robert Murray reports.  The two sides avoided arbitration with a figure that comes in lower than Ward’s $13.7MM projection from MLBTR contributor Matt Swartz, but it’s still a big raise over the $7.825MM Ward earned in 2025.  Ward is represented by Wasserman.

In what ended up as his final season with the Angels, Ward hit .228/.317/.475 over 663 plate appearances, with a career-high 36 home runs and 103 RBI.  Ward’s 117 wRC+ in 2025 wasn’t much higher than his 112 wRC+ in 2024, and his batting average and OBP actually declined from the previous year.  However, since arbitors tend to favor traditional counting stats over advanced metrics, Ward’s big increase in homers and RBI meant that he was in line for a hefty increase.

Since Ward is a Super Two player, he had four years of arbitration eligibility instead of the standard three.  With his 2026 figure now established, Ward will have made $27.5MM over his four arb years, which included winning an arbitration hearing with the Angels entering the 2024 season.  (The panel gave Ward his desired $4.8MM salary rather than the Angels’ price of $4.3MM.)

Ward will hit free agency next winter in advance of his age-33 season, and on the heels of what Ward hopes is a productive first season in Baltimore.  After years of trade rumors, the Angels finally dealt Ward in an intriguing one-for-one deal in November that sent Grayson Rodriguez to Anaheim.  The move to a more hitter-friendly ballpark may well boost Ward’s numbers in his platform year, and he’ll surely welcome the chance to play for a potential contender after never playing on a winning team over his eight years with the Angels.

Phillies Avoid Arbitration With Jesus Luzardo

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The Phillies and left-hander Jesus Luzardo have avoided arbitration by agreeing to an $11MM salary for the 2026 season, 7News’ Ari Alexander reports.  This is Luzardo’s final year of arb eligibility, as he is slated to become a free agent next winter.

The $11MM agreement beats the $10.4MM salary projection from MLBTR contributor Matt Swartz, and it represents a sizeable raise over the $6.625MM that Luzardo earned in 2025 (via another arb-avoiding deal with the Phillies).  That agreement came just a couple of weeks after the Phils acquired Luzardo as part of a noteworthy four-player trade with the Marlins.

Philadelphia swung the deal in the hopes that Luzardo would rebound from an injury-marred 2024 season to deliver the type of frontline results he showed during Miami’s 2023 season.  It ended up being a canny move on the Phillies’ part, as Luzardo finished seventh in NL Cy Young Award voting.  The southpaw posted a 3.92 ERA, 28.5% strikeout rate, and 7.5% walk rate over a career-best 183 2/3 innings, with above-average showings in virtually every Statcast category.

Another season like this will line Luzardo up for a hefty multi-year free agent deal next winter.  Age is also on his side — Luzardo just turned 28 last September, so he’ll be hitting the open market in advance of his age-29 season.  The Phillies still have time to pursue a contract extension to make Luzardo a long-term piece of the rotation, yet since Luzardo is represented by Scott Boras, chances are much higher that Luzardo will test free agency rather than ink an extension.

Mets Prefer Trade Market To Free Agency In Rotation Search

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The Mets are still in the market for upgrades to their starting pitching group, but they prefer to bolster the rotation by way of a trade rather than via free agency, Ken Rosenthal and Will Sammon of The Athletic report.

It’s not exactly a surprising revelation. We’re one month removed from initial reporting that the Mets were reluctant to sign a free agent pitcher to a long-term contract, and the Mets have since shown aversions to long-term deals for incumbent stars like Edwin Diaz and especially Pete Alonso — both of whom have now signed elsewhere. The Mets also traded the remaining five years of Brandon Nimmo’s contract for three of Marcus Semien. It seems there’s a real push to avoid clogging up the long-term books with many major deals beyond the lengthy commitments to Juan Soto and Francisco Lindor.

It’s worth noting, too, that the Mets are deep in both top prospects and young big leaguers that could be marketed to other clubs. Their farm system is generally regarded as one of the ten best in the game. Following this year’s draft and trade deadline, Baseball America ranked the Mets’ system ninth in the game. MLB.com ranked it seventh. BA counts five Mets prospects (Carson Benge, Nolan McLean, Jonah Tong, Jett Williams, Brandon Sproat) among the top 100 in the game. Young infielders Mark Vientos, Ronny Mauricio and Luisangel Acuña are all available in trade talks as well, per Rosenthal and Sammon.

One of the market’s most notable trade candidates, Miami righty Edward Cabrera, came off the board yesterday when he was traded to the Cubs for a three-player package headlined by top young outfielder Owen Caissie. Presumably, the Mets would’ve had to pay an even steeper price as a division rival, but Cabrera’s removal from the market only thins out the supply and creates more urgency among teams still looking for meaningful rotation upgrades (e.g. Mets, Yankees, Orioles, D-backs, Padres).

The Mets have been connected to a handful of possible trade targets this winter. They’ve reportedly spoken to the Padres about Nick Pivetta and to the Brewers about Freddy Peralta. They were also among the teams in on Cabrera and had some interest in Minnesota’s Joe Ryan before the Twins signaled that they’re not planning to move him (or rotation-mate Pablo Lopez). They’ve surely at least checked in on other prominent and under-the-radar names on the market alike.

The Mets went to three years to sign Devin Williams in free agency, acquired three years of Semien and (reportedly) were unwilling to go beyond three years for Pete Alonso. Their free-agent deals with infielder Jorge Polanco and righty Luke Weaver only span a two-year term. There’s been no firm indication that they’re wholly against surpassing three years for any free agent, but that certainly seems to be the team’s comfort zone with additions to the roster.

In fact, since being named president of baseball operations, David Stearns hasn’t committed more than three years to any free agent other than Soto, whose signing was more of an ownership-level move. Stearns’ largest signing after Soto was Sean Manaea, whose three-year, $75MM deal contains more than $23MM in deferred money. Currently, the Mets only have four players on guaranteed contracts in 2028 (Soto, Lindor, Williams, Semien). By 2029, Soto and Lindor are the only two players on the books.

If there’s a reluctance to guarantee players anything into 2029 and beyond, as at least ostensibly seems to the be the case, that’ll make it quite difficult to land any of the top remaining free agent names. The Mets sat down with Framber Valdez back in November, and Rosenthal and Sammon indicate that there’s still some interest there. Of course, signing Valdez would surely require going beyond three years — likely to at least a five-year pact. Ranger Suarez, like Valdez, figures to be looking for at least a five-year deal in free agency. If either pitcher lingers into February or March, perhaps they’ll pivot to a shorter-term deal with opt-out opportunities. Beyond that, a match with the Mets seems hard to envision — at least based on the team’s recent tendencies under the current baseball operations regime.

RosterResource currently projects the Mets for a $294MM payroll and just over $296MM of luxury-tax obligations. That puts the Mets about $8MM shy of the top tier of penalization, which they’ve crossed in each of the past four seasons. They currently owe a 95% tax on any dollars spent up to $304MM worth of tax obligations. From that point on, they’ll be taxed at a 110% rate for every dollar spent.

Red Sox Targeting Left-Handed Bullpen Help

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The Red Sox are scouring the bullpen market for free agent southpaws, and MassLive.com’s Chris Cotillo reports that Tim Mayza and Cionel Perez are two of the left-handers on the team’s radar.  Boston has also maintained interest in Justin Wilson and Danny Coulombe, as Cotillo initially reported last month.

Wilson is the most known quantity for the Sox, as he posted a 3.35 ERA, 27.5% strikeout rate, and 9.7% walk rate over 48 1/3 innings out of the Boston pen in 2025.  While the walk rate was on the high side and Wilson’s fastball velocity dropped from 95.5mph in 2024 to 94.5mph last year, it was still a very solid season for Wilson, and a sign that he is now fully recovered from the injuries that basically erased his entire 2022-23 seasons.

One complication for the Red Sox and any other suitor pursuing Wilson is that the veteran isn’t entirely committed to pitching in 2026.  According to The Athletic’s Ken Rosenthal and Will Sammon, Wilson wants “a fair deal with a legitimate World Series contender” and is willing to hang up his cleats after 13 Major League seasons if his demands aren’t met.

As Cotillo notes, Wilson and his agents at ACES could be using the retirement threat as leverage in contract talks.  That said, it also isn’t out of the question that Wilson is nearing the end of the line, after turning 38 years old last August.  Another one-year guarantee seems likely given Wilson’s age, and he is undoubtedly looking for a raise on the $2.25MM guarantee he received from the Red Sox on his deal for the 2025 campaign.

The Sox have seen plenty of Mayza and Perez over the years in AL East battles.  Mayza spent his first seven MLB seasons with the Blue Jays and Yankees before pitching with the Pirates and Phillies in 2025, and Perez has worked out of the Orioles’ bullpen from 2022-25.  Either pitcher could be had on a one-year contract and perhaps not even a guaranteed big league deal, as Mayza and Perez are both looking to bounce back from rough 2024-25 seasons.

Mayza (who turns 34 next week) had a 3.78 ERA over only 16 2/3 innings in 2025, as a lat strain and a teres major strain kept him on the injured list for much of the year.  He likely would’ve been a deadline trade candidate if healthy, and the Pirates put him on the waiver wire at the end of August, with Philadelphia claiming the veteran to add bullpen depth for the stretch run.  Mayza had only a 4.91 ERA in his eight games and 7 1/3 IP with the Phils, and he wasn’t included on their playoff roster.

Perez seemingly broke out with a tremendous 1.40 ERA over 57 2/3 relief innings for Baltimore in 2022, but his results have steadily declined over the past three seasons.  The bottom completely fell out for Perez last year, as he had an 8.31 ERA and almost as many walks (18) as strikeouts (21) over 21 2/3 innings.  Perez hasn’t pitched in the majors since late May, when the Orioles designated the lefty for assignment and then outrighted him off the 40-man roster.

Since the start of the 2022 season, Coulombe has a 2.38 ERA — the ninth-lowest ERA of any pitcher who has tossed at least 130 Major League innings (Coulombe has 136 1/3 IP).  A 26% strikeout rate and 8.1% walk rate support this excellent bottom-line number, though Coulombe struggled after being dealt from the Twins to the Rangers at last year’s trade deadline.

Coulombe turned 36 in October so he’ll likely be limited to one-year offers as well this winter, but he is still drawing a good deal of interest.  Rosenthal and Sammon write that five teams are in on Coulombe, which may or may not include the Red Sox.

Aroldis Chapman is the top southpaw in Boston’s bullpen, but with Chapman set to operate as the closer, the Sox are in need of at least one experienced left-hander to work in a more situational capacity.  Jovani Moran projects as the top non-Chapman option amongst Boston’s current bullpen mix, but Moran has a 5.44 ERA over 46 1/3 innings since the start of the 2023 season, and he missed most of the last two years recovering from Tommy John surgery.

Cubs Sign Jeff Brigham To Minors Contract

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The Cubs signed right-hander Jeff Brigham to a minor league contract, MLB.com’s Jordan Bastian reports.  Brigham’s deal includes an invitation to Chicago’s big league Spring Training camp.

Brigham (who turns 34 in February) is a veteran of six Major League seasons, with 120 2/3 innings pitched over 94 total games with the Marlins, Mets, and Diamondbacks.  Three of Brigham’s six seasons included four or fewer appearances, including his work with Arizona in 2025 — the righty posted an 8.10 ERA over four games and 3 1/3 innings.

The D’Backs signed Brigham to a minors deal last winter, and he hasn’t pitched since being released by the team last August while on the minor league injured list.  Injuries plagued Brigham for a good deal of the 2025 season, as he only pitched in 18 games (21 2/3 IP) in Arizona’s farm system in addition to his brief time in the majors.  This Cubs contract presumably indicates that Brigham is healthy and ready to vie for a bullpen job in Spring Training.

The bullpen has been a heavy focus for the Cubs this winter, with Phil Maton, Hunter Harvey, Hoby Milner, and Jacob Webb all signed to free agent deals.  Between this group and swingmen/backup starting options like Colin Rea and Javier Assad also in the mix, Brigham or any other non-roster invites face a tough competition to break camp with the team.  Brigham is also out of minor league options, which adds another layer of difficulty in his quest to both make the cut and remain on the 26-man roster.

Brigham has a career 4.85 ERA, with a 10.7% walk rate and an inflated home run rate contributing to his uninspiring ERA.  The right-hander has had trouble keeping the ball on the ground in the big leagues, though his 23.8% strikeout rate is respectable.  Over 191 2/3 career innings at Triple-A, Brigham has a 4.09 ERA, 30.27% strikeout rate, and 10.7% walk rate, with much better grounder rates but still some issues at limiting the long ball.

Rays Claim Tsung-Che Cheng

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The Rays announced Thursday morning that they have claimed infielder Tsung-Che Cheng off waivers from the Pirates. The Bucs designated him for assignment last month. Tampa had an open spot on the 40-man roster and didn’t need to make a corresponding move.

Cheng, 24, changes teams for the first time in his career. The Pirates signed him as an international amateur out of Taiwan in 2019. By the end of the 2023 season, he had climbed to Double-A. He found some offensive success with a low-power, low-strikeout approach. He was also considered a solid defender at either middle infield spot and showed a knack for stealing bases. Splitting 2023 between High-A and Double-A, he hit 13 home runs, swiped 26 bags, had a 9.7% walk rate and 18.7% strikeout rate. He slashed .278/.352/.456 for a 116 wRC+.

The total package was enough that the Bucs added him to their 40-man roster that November to keep him out of the Rule 5 draft. His offense declined over the past two years, with a combined .217/.319/.312 line and 81 wRC+. He drew walks at a strong 12.2% clip in that time but was also punched out in 23.8% of his plate appearances. He got to make his major league debut last year but went hitless in seven plate appearances with three strikeouts.

The Pirates bumped him off their roster December 19th. DFA limbo normally only lasts a week but there’s more wiggle room over the holidays, so Cheng was out there for almost three weeks. The Rays are a good landing spot for him, as their middle infield is pretty unsettled. They traded second baseman Brandon Lowe to the Pirates last month, the deal which led to Cheng losing his roster spot with Pittsburgh. Ha-Seong Kim was put on waivers late last year and claimed by Atlanta. He opted out of that deal but wound up re-signing with Atlanta.

Taylor Walls is perhaps the favorite for shortstop right now but he has a career batting line of .195/.286/.298. Carson Williams made his debut last year but struck out in 41.5% of his first 106 big league plate appearances. Richie Palacios might be the frontrunner at second base but he is a wild card as he has been injured for most of the past two years.

The club may make further moves between now and Opening Day but there’s a path to playing time for Cheng if he can earn it. He still has an option remaining, so the Rays can send him to Triple-A as depth if they don’t need him in the big leagues or prefer him to get regular reps. He has just ten big league service days, so he can be cheaply retained for the foreseeable future if he’s able to carve out a role in Tampa.

Photo courtesy of Charles LeClaire, Imagn Images

The Opener: Arbitration Filing Deadline, Cubs, Rotation Market

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Here are three things we’ll be keeping an eye on around the baseball world today:

1. Arbitration filing deadline:

Today is a big day on MLB’s offseason calendar, as Thursday marks the deadline for teams and players to exchange figures ahead of salary arbitration. Most of those cases will end in the two parties settling on a salary to avoid arbitration, but any team that still has unsigned players after today will be scheduled for a hearing in front of a three-person arbitration panel. It’s a messy process that can cause discord between player and team. Arb hearings present a difficult balancing act for teams that simultaneously wish to avoid damaging the relationship they have with their players but also are incentivized to hold a firm line on arbitration-level salaries to avoid setting damaging future precedents. The official deadline to reach an agreement is scheduled for noon CT, but teams and players will continue negotiations until the more firm deadline to file figures at 7pm CT this evening. As always, MLBTR contributor Matt Swartz delivered projected arbitration salaries for every eligible player in the game at the outset of the offseason.

2. What’s next for the Cubs?

After what had been a quiet offseason focused mostly on retooling the team’s bullpen, the Cubs made their first big splash yesterday when they swung a trade for talented right-hander Edward Cabrera. Chicago surrendered top outfield prospect Owen Caissie (alongside younger infield prospects Cristian Hernandez and Edgardo De Leon) to the Marlins in exchange for Cabrera’s services. Cabrera is controlled via arbitration for the next three seasons and is projected for a salary of just $3.7MM in 2026. That should give Chicago ample space in the budget to get involved elsewhere in the free agent market. With a rotation that suddenly looks quite deep, that could mean a more aggressive pursuit of top free agent bats. The Cubs have been connected to Alex Bregman throughout the winter, and in recent days have also been tied to Bo Bichette and even old friend Cody Bellinger. A reunion with outgoing star Kyle Tucker still seems unlikely, but could a big free agent splash be in store for the Cubs before the season begins?

3. Will the rotation market keep moving?

Yesterday’s Cabrera trade took another big piece off of the trade market, leaving only a handful of starters left to pursue on that front. Brewers righty Freddy Peralta is perhaps the most talked-about player at this point and could be an impactful rental for an acquiring team, but other players (e.g. Nationals lefty MacKenzie Gore, Mets righty Kodai Senga, Royals lefty Kris Bubic, Reds righty Brady Singer) could all theoretically be available in the right deal. Meanwhile, the lower tiers of the free agent market saw a bit of movement yesterday when the Rockies agreed to a one-year deal with right-hander Michael Lorenzen. Less active has been the high-end rotation market in free agency, where arms like Framber Valdez and Ranger Suarez still remain.

Cubs Acquire Edward Cabrera

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The Cubs and Marlins have completed one of the more notable trades of the offseason — a swap that’ll send righty Edward Cabrera from Miami to Chicago in exchange for top outfield prospect Owen Caissie and minor league infielders Cristian Hernandez and Edgardo De Leon.

Cabrera, 28 in April, is a former top prospect who has shown flashes of excellence in the past but wasn’t healthy enough to deliver on that potential until a breakout 2025 campaign. Though he still logged some IL time this past season, he turned in a career-high 137 2/3 innings with a strong 3.53 ERA and encouraging underlying numbers. Cabrera punched out 25.8% of opponents, logged a career-low 8.3% walk rate — far better than the 13.3% clip he carried into the season — recorded a 46.6% ground-ball rate and sat 97 mph on his four-seamer (and 96.8 mph on his sinker) in 2025.

Early in the 2025 season, Cabrera missed two weeks with blisters on his pitching hand — his second career IL trip due to blister troubles. His second IL trip in 2025 was more alarming, as it was prompted by an elbow sprain late in the year. That’s a far more worrying injury, but Cabrera returned after only three weeks and fired nine generally solid innings across his final two appearances, sitting 97.7 mph on his four-seamer and 97.9 mph on his sinker during that time. Given the trade interest in him this offseason and a deal now complete, it doesn’t appear there’s any current concern about a major elbow injury looming on the horizon.

Beyond his premium velocity and quality rate stats, Cabrera’s contractual situation always figured to hold broad-reaching appeal. He’s entering the second of four arbitration seasons as a Super Two player and is projected by MLBTR contributor Matt Swartz to earn a highly affordable $3.7MM in 2026. He’s under club control all the way through 2028, and based on the fairly low starting point in his arbitration journey, those three seasons aren’t likely to cost much more than $20MM overall.

Cabrera will slot into a deep Cubs rotation mix, joining Rookie of the Year finalist Cade Horton and veterans Matthew Boyd, Jameson Taillon and Shota Imanaga (who accepted a $22.05MM qualifying offer in November). Acquiring Cabrera likely pushes veteran swingman Colin Rea back into a long relief role to begin the season, though he’d be among the first men up in the event of an injury elsewhere on the staff.

Right-hander Javier Assad is also in the mix, though he missed nearly all of the 2025 season due to a severe oblique strain and posted a career-low 15% strikeout rate in the 37 innings he managed to tally late in the season. Assad still has minor league options remaining, so he could be sent to Triple-A to begin the year or else considered for a multi-inning relief role similar to the one Rea might occupy. Other options down in Triple-A include hard-throwing 26-year-old righty Ben Brown and former top prospect Jordan Wicks (also 26). Top prospect Jaxon Wiggins is not yet on the 40-man roster and has barely pitched in Triple-A, but he could be in line for a big league debut this coming season as well.

Of course, the Cubs will be eagerly awaiting the return of ace Justin Steele, ideally at some point in the season’s first half. The 30-year-old Steele was the team’s top starter from 2022-24, pitching a combined 427 innings of 3.10 ERA ball with plus strikeout, walk and ground-ball rates, but he made just four starts in 2025 before requiring UCL surgery in late April. Every rehab process is different, but it’s reasonable to expect that he could be back in June or July.

By the season’s second half, the Cubs could be looking at a rotation led by Steele, Horton and Cabrera, with veterans Taillon, Boyd, Imanaga and Rea among the options for the final couple spots. Injuries will almost always disrupt any team’s best laid plans, but that’s a quality group of arms that doesn’t even factor in Wiggins, who posted a 2.19 ERA and 31% strikeout rate in 18 starts (and one relief appearance) between Double-A and Triple-A last year.

On the Marlins side of things, Cabrera stood as an obvious trade candidate — but one who’d come at a fairly hefty price, given that salary and remaining club control. He landed on the back end of MLBTR’s Top 40 Offseason Trade Candidate list back in November.

It’s obviously not a financially driven move, but the Fish are deep in rotation options — with multiple top prospects nearing readiness — and have various holes in the lineup to fill. Swapping out Cabrera for a package headlined by Caissie works toward that end.

Even with Cabrera departing, Miami can roll out a rotation including Sandy Alcantara, Eury Perez, Ryan Weathers and Braxton Garrett in the top four spots. Journeyman Janson Junk had a surprisingly nice showing with the Fish in 2025 and is an option either in the fifth spot or long relief. The same can be said for righty Ryan Gusto, whom the Marlins acquired in the deadline trade sending Jesus Sanchez to Houston. Former top prospects Max Meyer, Dax Fulton and Adam Mazur are all on the 40-man roster, too. Current top prospects Thomas White and Robby Snelling could both debut this coming season. White, in particular, is regarded as one of the top prospects in the entire sport.

Caissie should step right into the Marlins’ outfield next season. The 23-year-old slugger made his big league debut this past season, struggling in a tiny sample of 27 plate appearances, but is a former second-round pick and longtime top prospect who has shredded minor league pitching. That includes a 2025 campaign in which he slashed .286/.386/.551 (139 wRC+) with 22 homers, 28 doubles and a pair of triples in 99 games/433 plate appearances of Triple-A work.

Caissie is a lefty-swinging corner outfielder with big power and big swing-and-miss tendencies. He fanned in nearly 28% of his Triple-A plate appearances last year. He’s regularly been able to offset the damage of those strikeouts by walking at high clips, however. He drew a free pass in 13.2% of his Triple-A plate appearances last year and has an overall 13.6% walk rate in five minor league seasons.

Scouting reports on Caissie praise his plus throwing arm but predict he’ll be limited to corner work (despite some early-career experience in center field). He has the makings of a prototypical three-true-outcomes right fielder. The Marlins could go with 2025 breakout slugger Kyle Stowers in left field and Caissie in right, thus giving them a pair of high-powered bats to plug into the heart of their order for the foreseeable future.

Because Caissie only made a brief MLB debut this past season, he still has six full seasons of club control remaining. He’s still rookie-eligible, so the Marlins could potentially pick up a draft pick for him via MLB’s prospect promotion incentive program, depending on when he’s brought up for his Marlins debut and (of course) on how he fares in awards voting early in his big league tenure. Caissie was only selected to the major league roster last offseason, meaning he’s only exhausted one minor league option year and still has two remaining.

Caissie joins Stowers and breakout center fielder Jakob Marsee in comprising a talented and intriguing outfield core. The Marlins’ lineup, in general, has gotten more interesting over the past couple years, thanks largely to the emergence of Xavier Edwards alongside those young outfielders. Former top catching prospect Agustin Ramirez hit for power in his rookie campaign this past season but struggled to get on base and played extremely poor defense behind the plate. Marlins president Peter Bendix has emphasized that the club hopes to continue developing Ramirez behind the plate, but he could see time at first base and DH in 2026, especially once top catching prospect Joe Mack debuts.

Hernandez, 22, is a speed-and-defense shortstop who spent the 2025 season with the Cubs’ High-A affiliate. Baseball America recently ranked him 16th among Cubs farmhands heading into the 2026 season, noting that he has plus raw power but hits the ball on the ground far too frequently to ever tap into that pop. (This past season’s seven home runs were a career-high.) BA’s report notes that Hernandez has the tools to be an above-average defender but is often inaccurate with his throwing despite good arm strength.

Improving the accuracy on Hernandez’s throws seems like a more attainable goal than overhauling his offensive approach to get more loft without compromising his lower-than-average strikeout rate, but if the Marlins can fix both those traits, it’s possible they’ll have a starting-caliber shortstop on their hands. Those are big “ifs,” of course, particularly considering that Hernandez just hit .252/.329/.365 as a 21-year-old in his second stint with the Cubs’ High-A affiliate. He’s a project, but a capable shortstop coming off a 52-steal season (61 attempts) is a nice secondary piece to add to the system.

De Leon is the furthest from MLB-ready. He’s an 18-year-old who signed as part of Chicago’s 2024 international class. The 6′, 170-pound De Leon played with the Cubs’ Dominican Summer League club in 2024, hitting .277/.431/.433 in 181 plate appearances. He moved up to their Rookie-level Arizona Complex League affiliate in 2025 and slashed .276/.353/.500 in 153 turns at the plate. BA’s Geoff Pontes listed him as a sleeper prospect to watch heading into the 2026 season, citing his encouraging exit velocities and plus raw power.

With just 334 professional plate appearances under his belt and his 19th birthday still six weeks away, De Leon is a pure development project for Miami. He’s been a productive hitter in each of his two pro seasons, though, even with some moderately worrying swing-and-miss tendencies (28.8% strikeout rate in 2025). He’ll probably head to the Marlins’ Low-A affiliate to begin the 2026 season and doesn’t seem likely to be a potential major league factor until 2028 or 2029 at the earliest.

The Marlins remain a work in progress and will most likely enter 2026 as something of a playoff long shot, but there are a number of upward-pointing arrows on the roster, making it an encouraging time for Miami fans.

Bleacher Nation’s Michael Cerami first reported that a Cabrera trade between the two teams was near completion. Kevin Barral of Fish On First reported Caissie as the likely headliner. Christina De Nicola of MLB.com and Craig Mish of SportsGrid broke the news of the other two prospects in the deal. Jeff Passan of ESPN first reported that the medical review process had been completed and that the trade was official.

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