MLB Trade Rumors

3:42pm: The meeting between the Phillies and Bichette is scheduled for next Monday, per Jon Heyman of the New York Post.

3:07pm: The Bo Bichette market apparently has a new entrant. Matt Gelb, Ken Rosenthal and Jayson Stark of The Athletic report that the Phillies have scheduled a meeting with the free agent infielder and his representatives at Vayner Sports that will take place within the next few days. Philadelphia’s interest “is legitimate,” per the report — borne out of Bichette’s willingness to move off of shortstop and a protracted stare-down between the Phils and free agent catcher J.T. Realmuto, who has yet to sign. Gelb and Stark note that a deal between the Phillies and Bichette would all but close the door on Realmuto’s time in Philly and could also lead to a trade of third baseman Alec Bohm.

Bichette, still just 27 (28 in March), not only enjoyed a rebound 2025 season after an injury-wrecked 2024 showing — he turned in what was arguably the best all-around season of his career. In 628 trips to the plate, he slashed .311/.357/.483 with 18 home runs. His 6.4% walk rate, while still a couple points below league-average, was the best of his career in a full season, as was his 14.5% strikeout rate.

Bichette’s summer, in particular, was something to behold. He got out to a decent but fairly pedestrian start before heating up in May and catching absolute fire midsummer. From July 6 through season’s end, Bichette went supernova with a .381/.437/.591 slash in 238 plate appearances. He homered seven times, piled up an outrageous 24 doubles, walked at an 8.8% clip and fanned in only 11.3% of his plate appearances. Push back to mid-June, and Bichette closed out his season with 330 plate appearances of .350/.395/.538 production.

Of course, “season’s end” is a relative term in Bichette’s case. He suffered a sprained posterior cruciate ligament on Sept. 6 and did not return for the final three weeks of the regular season. Bichette spent the early rounds of the playoffs resting and rehabbing that balky knee. He was cleared for a return in the World Series, and while he was clearly moving at nowhere close to 100%, his bat remained unfazed. Bichette went 8-for-23 in 27 plate appearances and crushed what had the makings of an iconic, go-ahead, three-run homer off Shohei Ohtani in Game 7 of the World Series — a no-doubter blast that would’ve proven to be a game-winner had the bullpen held onto Toronto’s lead.

Critically, Bichette played second base when he took the field during the World Series. It was his first appearance at the position since his minor league days, but the willingness to defer to a superior defender at shortstop (Andres Gimenez) undoubtedly helps Bichette’s case in free agency. The primary knock on him for some time has been that he’s a well below-average defender at shortstop.

The Phillies, per The Athletic’s report, would likely use Bichette at third base. It’s fair to wonder whether he has the arm for the hot corner, given that Statcast pegged his arm strength in just the 36th percentile of big leaguers this past season. Bichette averaged 82.3 mph on his throws to first base, tying him with current Phillies shortstop Trea Turner in that regard. It’s a below-average mark but also not a death knell on his chances of playing a passable third base. That 82.3 mph average also ties fellow free agent Alex Bregman, and it’s actually a half-mile faster than Philadelphia’s incumbent third baseman, Bohm.

Most problematic for the Phillies would be how Bichette could fit into the payroll. RosterResource projects the Phils for a $266MM payroll. That’s down from their $284MM Opening Day mark from last year, but Bichette would push them beyond that point (barring some kind of backloaded or deferred contract). And while the actual cash payroll is down from last year, the team’s luxury tax payroll is not. The Phils have a projected $301MM of CBT obligations, per those same RosterResource estimates. That means they’d be taxed at a 95% rate for the first $3MM of Bichette’s average annual value and a 110% clip on the remainder.

In essence, Bichette would cost the Phillies close to double his annual salary — at least in year one of the contract. That number could decline in 2026, when Nick Castellanos, Taijuan Walker, Jesus Luzardo, Jose Alvarado, Adolis Garcia, Edmundo Sosa and Bohm (if he’s not traded) are all off the books. Philadelphia has “only” about $187MM of luxury tax obligations in 2027, but that’s before factoring in a notable arbitration class (headlined by Jhoan Duran and Bryson Stott) and before filling any of the vacancies created by that slate of departures. It’s easy to see that number ticking up in a hurry.

Still, the long-term payroll in Philadelphia is probably a bit cleaner than most would expect for a team with so many high-priced veterans. Zack Wheeler’s huge $42MM salary only runs through 2027. Harper’s annual salary is already relatively low for a player of his caliber, and it drops to $22MM in the final three seasons of his contract (2029-31). Harper, Turner, Cristopher Sanchez, Kyle Schwarber and Aaron Nola are the only players currently on long-term deals beyond the 2027 season, and Schwarber is the only member of that group who’ll be paid more than $27.5MM annually from 2028 onward. The Phillies have just over $117MM in guaranteed money on the books in 2028. Signing Bichette would really only inflate the 2026 payroll to problematic levels, and the Phils could backload or defer his contract to help offset some of that bloat.

Bichette landing with the Phillies would create a fascinating series of ripple effects. Teams that have been seeking help at third base (e.g. Pirates, D-backs, Mariners, Red Sox) might find a more willing trade partner in Philadelphia than they have in prior months, when Bichette was not under consideration by the Phillies’ front office. Bohm just agreed to a $10.2MM contract for the 2026 season and is a free agent next year.

Philadelphia would also need to make a catching acquisition. Rafael Marchan and Garrett Stubbs are the only others on the roster. Gelb and Stark report that Minnesota’s Ryan Jeffers — a free agent following the 2026 season — has been of interest to the Phillies in the past. However, the Twins have signaled that they’re aiming to be competitive in 2026 and won’t trade stars like Pablo Lopez, Joe Ryan and Byron Buxton. Would they truly make Jeffers available, in light of that decision? Time will tell.

If not Jeffers (or Realmuto), the options are few and far between. Victor Caratini is a free agent and could be the most straightforward solution. The Phillies could try to pry Hunter Goodman from the rebuilding Rockies. Luis Campusano looks like an odd man out in San Diego, though he’s yet to prove he can be a passable catcher in the majors. The White Sox have received interest in young backstops Kyle Teel and Edgar Quero, but both would come with a high asking price, given their recent top prospect status and half decade of club control. The Reds have some depth with Tyler Stephenson, Jose Trevino and Ben Rortvedt all on the books and top prospect Alfredo Duno coming in a couple years. If the Phillies do go the trade route, then how does the other club pivot to fill its newfound catching need? And where does Realmuto land? The ramifications of a Bichette signing in Philly stretch further than most would expect at first glance.