Headlines

Go To Pro Hockey Rumors
Go To Hoops Rumors

Kyle Schwarber

Latest On Kyle Schwarber’s Market

By | at

The Reds remain in the market for Kyle Schwarber, writes Mark Sheldon of MLB.com. That has been a frequent connection because Schwarber grew up a Reds fan not far outside Cincinnati. The club also needs to add an impact bat, though it remains to be seen if they’re willing to make a competitive offer.

Cincinnati finished 14th in MLB in scoring despite playing in one of the sport’s most hitter-friendly venues. They had a .245/.315/.391 slash line and finished 21st in home runs. Elly De La Cruz was the team leader with 22 homers, and their only two hitters who slugged at least .450 in more than 100 plate appearances (Miguel Andujar and Austin Hays) are free agents. The Reds need offense generally and would benefit from a power bat in particular.

Schwarber is the best slugger available. He’s coming off a 56-homer season in which he hit .240/.365/.563 while starting all 162 games for the Phillies. He hasn’t hit fewer than 30 homers in a full season since 2018 and is tied with Shohei Ohtani for second in MLB (behind Aaron Judge) in longballs over the last four years.

Cincinnati doesn’t have anyone locked into the everyday DH role. They’ll probably want to give 22-year-old Sal Stewart more time to see if he can be a serviceable defender at first base. Spencer Steer could play left field more frequently or simply be shopped in trade if the Reds were to add Schwarber (or Pete Alonso, a long speculated potential fit).

While it’s a clear fit from a roster perspective, it’d require an unusually bold commitment from ownership. Schwarber is expected to handily surpass a $100MM guarantee and could land $30MM+ annually. The Reds have given out two nine-figure contracts in franchise history: $225MM for Joey Votto and $105MM to Homer Bailey. Those were both extensions. Their largest free agent deals were the matching four-year, $64MM terms to Nick Castellanos and Mike Moustakas. Those $16MM average annual values were the most for any multi-year free agent signing. Schwarber might require twice that amount.

President of baseball operations Nick Krall said last month that the Reds expect to run a similar payroll to this past season’s level. They opened ’25 with a payroll around $116MM. They have around $40MM in guaranteed contracts but have a hefty arbitration class that MLBTR contributor Matt Swartz projects to cost roughly $45MM.

Filling out the roster with players making the league minimum would leave them with roughly $20-25MM to spend. They’ll certainly add a bat of some significance, but a Schwarber signing might require ownership to push the budget beyond where they seemingly prefer to set it. The other option would be to shed money from the arbitration class by shopping one or more of Brady Singer ($11.9MM projection), Tyler Stephenson ($6.4MM), Gavin Lux ($5MM), TJ Friedl ($4.9MM), Nick Lodolo ($4.3MM) or Steer ($4.5MM).

In a less obvious connection, Jon Morosi of The MLB Network relayed this morning that the Giants have also been in contact with Schwarber’s camp. That’s a much more difficult fit from a roster perspective. San Francisco has Rafael Devers under contract through 2033. Even if they’re confident he’ll be a capable everyday first baseman, they’d need at-bats at designated hitter for top first base prospect Bryce Eldridge. There’s an argument for the Giants to bring in a short-term first baseman/DH to give the 21-year-old Eldridge more time in Triple-A, but that wouldn’t apply to a four- or five-year contract for Schwarber.

The Giants presumably wouldn’t have any interest in using Schwarber as an everyday outfielder. There’d only be any kind of fit if they trade Eldridge for a starter. They’ve already downplayed their desire to make a nine-figure commitment to a starter despite calling pitching their top priority. It’d be a huge surprise if they committed that kind of money to a DH.

Schwarber rejected a qualifying offer, so whichever team signs him will forfeit draft compensation. Philadelphia has made no secret of their desire to bring him back. The Orioles and Red Sox are both in the market for an impact bat and have shown interest, while the Pirates have been mentioned as an extreme long shot after making an unsuccessful attempt to lure Josh Naylor away from Seattle.

Phillies, Kyle Schwarber Currently “Not Close To A Deal”

By | at

There has been plenty of mutual interest between the Phillies and Kyle Schwarber, leading to a sense around the league (and among MLBTR’s staff) that Schwarber’s free agent path will ultimately lead him back to the City of Brotherly Love.  It doesn’t appear, however, that a reunion is imminent, as MLB.com’s Todd Zolecki wrote earlier this week that the two sides “are not close to a deal.”

Zolecki didn’t specify if there has been any standstill in talks, or if there is a sizable gap between the two sides in terms of money or contract length.  By that same measure, there’s also nothing to indicate that talks couldn’t heat up with a single phone call.  All in all, the news shouldn’t be construed as a sign that Schwarber won’t eventually return, or that either party is favoring another option.

It has only been a little over three weeks since free agents have been allowed to negotiate with other teams, and most of the top names on the market are still testing the waters.  A couple of the most prominent early signings (Josh Naylor to the Mariners, Raisel Iglesias to the Braves) did involve players quickly opting to re-up with their former teams, which perhaps raised hopes among Philadelphia fans that a new deal with Schwarber might also resolved in rapid fashion.  A little over two years ago, Aaron Nola entered free agency but then worked out his seven-year, $172MM deal with the Phillies within just a couple of weeks of the market opening.

As Zolecki simply puts it, “there’s no reason to rush it” for Schwarber’s camp at this point, given how much interest the slugger is generating in the wake of his 56-homer season.  The Red Sox, Orioles, and (surprisingly) the Pirates have all been publicly linked to Schwarber’s market thus far, plus the Reds have been mentioned as a speculative contender since they need hitting help and Schwarber is from the Cincinnati area.  DH-only players entering their age-33 seasons don’t usually command the kind of attention Schwarber is garnering, but then again, Schwarber’s career year is just one of 23 seasons of 56+ home runs in baseball history.

The fact that Schwarber is essentially the Phillies’ top priority (give or take J.T. Realmuto) gives the slugger added leverage.  He and his agents can likely afford to wait and see what other offers emerge, with the comfort of knowing that Philadelphia might well match or top whatever rival offer is put on the table.  From the Phillies’ perspective, they will likely wait on Schwarber before proceeding with any other major offseason business, apart from matters that wouldn’t be impacted by Schwarber staying or leaving — i.e. negotiating with Realmuto, trying to trade Nick Castellanos, or perhaps looking for bullpen help.

There’s some risk for the Phillies in that if Schwarber signed elsewhere after taking several more weeks, the Phils could be left behind in their offseason shopping if other free agents have already left the market.  That said, rival agents are also aware of this scenario, and could advise their clients to wait on their own decisions just in case a Schwarber-less Phillies team suddenly broadens its free agent horizons.

Orioles Showing Interest In Kyle Schwarber, Tatsuya Imai, Framber Valdez

By | at

Earlier this month, Orioles president of baseball operations Mike Elias said his team is open to signing free agents who have rejected a qualifying offer, and would therefore cost the O’s their third-highest selection in the 2026 draft in addition to whatever the free agent would command in salary.  Of the nine players who rejected the QO, Jon Heyman of the New York Post reports that Baltimore has shown some interest in Framber Valdez, Kyle Schwarber, and Dylan Cease (before Cease signed with the Blue Jays yesterday).  In addition to qualified free agents, the Orioles have “checked in on” Tatsuya Imai, as part of the team’s explorations of the upper tiers of the pitching market.

Heyman also linked Baltimore to Pete Alonso a couple of weeks ago, but now notes that the chances of a signing may have dimmed since the Orioles retained Ryan Mountcastle past the non-tender deadline.  This doesn’t mean that Mountcastle couldn’t still be traded or cut loose entirely if a premium bat became a realistic option for Baltimore, though Elias said earlier this week that the team thinks Mountcastle can rebound after a hamstring strain hampered his production in 2025.

Signing Alonso or Schwarber would further deepen what is already perhaps an overcrowded mix of position players in Baltimore.  Schwarber can play a corner outfield spot on an occasional basis but is largely a DH-only player at this stage of his career, further reducing the Orioles’ flexibility in trying to find at-bats for the rest of its current players.  A trade or two might ease up this logjam, of course, and the Orioles could then acquire pitching via the trade market rather than free agency.

Even if a Schwarber or an Alonso creates some questions about lineup construction, the Orioles would happily accept that as a proverbial “good problem to have” if it means adding an elite power bat.  Schwarber and Alonso are also both known to be clubhouse leaders, and adding a veteran mentor to a young O’s team might carry benefits beyond just what either player can provide at the plate.

There is a widespread belief that the Phillies will pay top dollar to re-sign Schwarber, but naturally that hasn’t stopped other teams from looking into his market.  The Orioles join the Red Sox and Pirates as teams known to have shown interest in Schwarber’s services, and clubs like the Reds and Yankees have been more speculatively linked.  Alonso’s market hasn’t been as robust in terms of public interest, though the Mets remain in the mix for another reunion with their longtime slugger.

The Orioles have already added one prominent bat this offseason by acquiring Taylor Ward from the Angels for Grayson Rodriguez, in a move that surprised some pundits since it further reduced the Orioles’ list of rotation options.  This could indicate that if the O’s do break the bank on a big-ticket signing, it will be for a starting pitcher to help stabilize the rotation.  Cease’s rather quick departure from the market (and to an AL East rival) only puts more pressure on the Orioles to find another frontline arm.

Valdez or Imai would certainly fit the bill, albeit in two different fashions.  Valdez is a proven commodity at the MLB level, and is particularly a known quantity to Elias since Valdez joined the Astros organization as an international signing and then broke into the majors when Elias was still working in Houston’s front office.  Imai is over four and a half years younger than Valdez and perhaps has more pure upside based on his results in Japan, but it remains to be seen if Imai can translate that success over to the majors.  The O’s also don’t have a long track record in signing Japanese talent, though the club did add Tomoyuki Sugano last winter.

Tyler O’Neill’s three-year, $49.5MM contract remains the only multi-year free agent deal the Orioles have signed during Elias’ seven years running the front office, though in fairness, much of Elias’ tenure was spent either rebuilding or working under some ownership turmoil.  David Rubenstein’s purchase of the franchise in early 2024 didn’t immediately lead to a huge payroll boost, though the club did ink star prospect Samuel Basallo to an eight-year, $67MM extension this past summer.  Basallo and O’Neill represent the only contracts on Baltimore’s books beyond 2026, and while the Orioles certainly have interest in locking up other young stars to extensions, there is plenty of future financial room for the O’s to make a splashy signing (or two) this winter.

Yankees Notes: Devin Williams, Kyle Tucker, Payroll

By | at

The Yankees are interested in bringing free agent closer Devin Williams back to the Bronx. League sources told Ken Rosenthal and Will Sammon of The Athletic that the team has discussed a reunion with Williams’ camp.

Williams is one of the top names on the closer market. He landed at No. 16 on our Top 50 Free Agents list, which put him second among relievers, behind only Edwin Diaz. The 31-year-old is expected to have many suitors, with the Reds and Red Sox linked to him last week, and the Mets, Tigers, and Giants joining the mix this week. The Dodgers and Marlins have also been connected to Williams.

New York sent Caleb Durbin and Nestor Cortes to Milwaukee for Williams in December 2024. He struggled in his first month with the team, losing the closer role by May. An injury to fill-in closer Luke Weaver allowed Williams to regain the role, and he pitched well in June and July. The trade deadline acquisition of David Bednar pushed Williams back into setup duty. He closed the year with his best stretch of the campaign, posting 13 scoreless innings from September 7 through the postseason.

Williams said he would “definitely be open” to returning to the Yankees back in October. As for whether being the closer would impact his next destination, Williams said it “depends on the scenario.” While Weaver is a free agent, New York still has Bednar and fellow trade deadline acquisition Camilo Doval under team control for next season.

Williams isn’t the only high-profile free agent on the Yankees’ radar. General manager Brian Cashman told reporters on Thursday, including Bryan Hoch of MLB.com, that he’s been in contact with agent Casey Close on several players. That list of possible targets includes Kyle Tucker, Kyle Schwarber, Michael King, and former Yankee Paul Goldschmidt. Cashman also mentioned interest in Tatsuya Imai, who was posted by the Seibu Lions earlier this week. “We’re certainly engaging all these players in the marketplace,” Cashman said.

Tucker will likely have just as many suitors as Williams, perhaps more. Toronto is considered by some teams to be the favorite to land the star outfielder, but the Dodgers, Yankees, and Orioles have been linked to him. Given that he’s the big prize in free agency this offseason, additional teams are bound to come forward as potential candidates.

New York regained an outfielder when Trent Grisham accepted the qualifying offer, but lost one when Cody Bellinger opted out of his contract. Jasson Dominguez is penciled in alongside Grisham and Aaron Judge, but he hasn’t performed well enough to discourage the Yankees from going after a massive upgrade in Tucker. They could also re-up with Bellinger.

As far as paying for these potential acquisitions, Cashman was noncommittal about whether payroll would exceed $300MM. “I think it could go both ways. So it just depends on how things shake out and what opportunities present themselves,” he told reporters, including Hoch. FanGraphs’ RosterResource tool currently has the Yankees’ payroll at around $260MM next season. Grisham’s deal added about $22MM to the ledger, and he’s just the sixth-highest-paid player on the team next year. New York’s payroll was around $296MM this past season after topping $300MM in 2024.

A deal for Tucker, Schwarber, Williams, or any of the other marquee names will likely require a big commitment across many years. The Yankees already have several of those types of deals on the books between Judge, Max Fried, Gerrit Cole, and Carlos Rodon, who are all on large contracts through at least 2028. Cashman expressed confidence he could make it work, though. “The job right now is to find out what’s available, and those all have different price points,” Cashman said. “There could be cheap players that are available that are good, or there could be very expensive players that are available that are good.”

Photo courtesy of Brad Penner, Imagn Images

Nine Players Reject Qualifying Offer

By and | at

The deadline to accept the qualifying offer has passed. Four players — Trent Grisham, Gleyber Torres, Brandon Woodruff, and Shota Imanaga — chose to accept the one-year, $22.025MM deal and remain with their current clubs. The remaining nine players rejected the deal. They are: Cubs outfielder Kyle Tucker, Phillies DH Kyle Schwarber, Blue Jays infielder Bo Bichette, Astros lefty Framber Valdez, Padres righty Dylan Cease, Phillies lefty Ranger Suarez, Mets closer Edwin Diaz, Diamondbacks righty Zac Gallen, and Padres righty Michael King. All nine are now free agents.

There’s not much surprise in any of the nine players who rejected. Tucker, Schwarber, Bichette, Valdez, Cease, Suarez and Diaz were all locks. Gallen may have given some brief thought to accepting after a rough showing in 2025, but he finished strong and has a track record as a high-end starter who’s garnered multiple top-five finishes in NL Cy Young balloting. King was hobbled by nerve and knee injuries in an odd season but was dominant in 2023-24 and through the first two months of the current season. He was healthy late in the year and fanned three in his lone inning of postseason work. He’ll test the waters in search of a multi-year deal as well.

Now that this nonet has rejected qualifying offers, they’ll all be subject to draft compensation. Interested teams will need to surrender a draft pick (or multiple picks) and, in some cases, space from their bonus pool for international amateurs in order to sign any of this group. The extent of that draft compensation depends on the revenue-sharing and luxury tax status of the new team. MLBTR broke down which pick(s) each club would forfeit by signing a “qualified” free agent last month.

Similarly, the compensation for each player’s former club is dependent on revenue-sharing and luxury tax status — as well as the size of the contract signed by the player in question. MLBTR also ran through the compensation each team would receive if their qualified free agents turned down the offer and signed elsewhere.

Red Sox Interested In Bo Bichette, Kyle Schwarber

By | at

With holes to fill in the lineup, the Red Sox are exploring two of the bigger free agent bats on the market.  WEEI.com’s Rob Bradford reports that “the Red Sox have shown interest in” Bo Bichette, and MLB Network’s Jon Morosi reports that the club has likewise “checked in on Kyle Schwarber.”

Chief baseball officer Craig Breslow’s recently commented that Boston is looking to add extra pop to its lineup, and either player would certainly fit in this regard.  Schwarber is an elite power bat coming off a career year, hitting 56 homers and slashing .240/.365/.563 over 724 plate appearances for the Phillies.  Bichette rebounded from an injury-shortened down year in 2024 to hit .311/.357/.483 with 18 homers over 628 plate appearances for the Blue Jays this sesason.

The injury bug did bite again for Bichette, as a knee sprain kept Bichette sidelined for most of September and most of the Jays’ playoff run until he was able to return in the World Series, but he still did plenty to re-establish himself as one of the preeminent infield bats in the sport.  MLB Trade Rumors ranked Bichette second on our list of the offseason’s top 50 free agents, and projected the shortstop to land an eight-year, $208MM contract.

Schwarber ranked ninth on the list with a five-year, $135MM projection.  Schwarber is entering his age-33 season and is basically a full-time designated hitter, but while teams have traditionally been wary of committing major dollars to such aging and defensively limited players, Schwarber’s numbers are so outsized that he’ll very likely command a lengthy contract.  There is also a sense that his market could be driven upwards by the Phillies, who have been very open about their desire to re-sign the slugger.

The Red Sox are very familiar with Schwarber, as he posted big numbers and quickly became a clubhouse favorite after Boston acquired him from the Nationals at the 2021 trade deadline.  Schwarber was just a rental pickup as he entered free agency that winter and signed his four-year, $79MM deal with Philadelphia.  On paper, Schwarber might not be an entirely ideal fit for the Sox since he’ll monopolize the DH spot and add another left-handed bat to an already lefty-leaning lineup, but these could be relatively minor concerns given the upside of Schwarber’s offense.

Bichette is a right-handed hitter, but his defensive fit is an open question, as whether or not Bichette remains at shortstop will be one of the key subplots of his free agency.  Bichette’s defense has been a question mark for years, and such public metrics as Defensive Runs Saved (-12) and Outs Above Average (-13) hated his glovework in 2025.

In the early days of the offseason, suitors “haven’t been scared off of Bichette at shortstop,” ESPN’s Jeff Passan writes, and it isn’t yet known if Bichette and his reps at Vayner Sports are marketing him strictly as a shortstop, or if Bichette is open to a position change.  He did make his big league debut at second base during the World Series, in a nod to the physical limitations of his PCL sprain.

As it relates to the Red Sox, Trevor Story is lined up as the team’s shortstop.  Story’s own defensive metrics were well below average in 2025, marking a surprising decline for a player who has been a very strong defensive shortstop for much of his career.  Breslow has said that Story will play shortstop next year, but since Story has shown a willingness to play other positions in the past (he was Boston’s regular second baseman when healthy in 2022), it is possible some shifting could go on within the Sox infield.  The simpler solution would be to just slot Bichette at second base alongside Story at shortstop, or Bichette could potentially factor into Boston’s third base picture.

The Sox have a prominent free agent infielder of their own in Alex Bregman, who MLBTR projects for a six-year, $160MM contract.  This puts Bregman as less expensive than Bichette and only a bit pricier than Schwarber.  Beyond just the cost of pure dollars, the Sox would need to give up draft pick compensation for signing a qualifying offer-rejecting free agent like Bichette or Schwarber, whereas Bregman could be re-signed for just money.  Bregman is also a known commodity for the organization, and he made a big impact both on and off the field in his one season in Boston.

That said, Bichette is also almost four years younger than Bregman and five years to the day younger than Schwarber.  Top prospect Marcelo Mayer made his MLB debut in 2025 and seems poised to take on a more regular role somewhere in Boston’s infield, so Mayer could conceivably take over Bregman’s old spot at third base while Bichette plays second or shortstop.  With Triston Casas rumored to be a trade candidate, first base has also been mentioned as target area for Boston, with names like Pete Alonso, Kazuma Okamoto, and Munetaka Murakami floated as speculative candidates to join the Sox.

Pirates Interested In Kyle Schwarber, Showed Interest In Josh Naylor

By | at

Pirates GM Ben Cherington said last week that he had “more [financial] flexibility than we’ve had in other offseasons I’ve been in Pittsburgh,” and subsequent reports indicated that Bucs ownership could approach the $40MM mark with their spending plans this winter.  This willingness to spend has translated to some early interest in two of the best hitters on the free agent market, as ESPN’s Jeff Passan reports that the Pirates have interest in Kyle Schwarber, and also had interest in Josh Naylor before Naylor re-signed with the Mariners.

The exact nature of the Bucs’ talks with Naylor weren’t specified, yet Passan indicated that the Pirates were prepared to offer Naylor more than $78MM.  This would’ve been, by a wide margin, the priciest free agent deal in Pirates history.  Francisco Liriano’s three-year, $39MM deal from December 2014 remains the biggest guarantee the perennially low-spending Buccos have ever given to a free agent.

Naylor re-upped with the Mariners for five years and $92.5MM.  Beyond just the money, there was plenty of mutual interest between Naylor and the M’s in continuing their relationship, as evidenced by the fact that Naylor agreed to a new deal so soon after the free agent market opened.  Seattle looks well-positioned to keep contending throughout Naylor’s tenure, so it likely would’ve taken a drastic overpay from the Pirates to convince him to leave the Mariners for a Pittsburgh club that has struggled through seven straight losing seasons.

Along these same lines, Schwarber is expected to receive plenty of offers from big-market contenders, including his former team in Philadelphia.  MLB Trade Rumors projects Schwarber to receive a five-year, $135MM contract, even though he is entering his age-33 season and is essentially a DH-only player at this point in his career.  Schwarber’s huge power, consistent production, and reputation as a clubhouse leader will very likely outweigh concerns about his age, and the Phillies (like the Mariners with Naylor) are prioritizing bringing Schwarber back into the fold.

This being said, the fact that Schwarber and Naylor are even being mentioned in connection to the Pirates is eye-opening, and perhaps indicative of how uncharacteristically aggressive Pittsburgh may be in trying to upgrade its lineup.  While the Pirates have been rebuilding for the bulk of Cherington’s tenure, his last couple of offseasons have seen the GM spread out his limited spending capacity over multiple players, with the idea of addressing several needs rather than making one single big strike.  The tactic makes sense on paper, but it hasn’t really worked in practice, as the Bucs have remained under the .500 mark.

With this in mind, Pittsburgh might now be more open to adding one clear-cut star bat to its lineup, even if it means going outside the team’s usual financial comfort zone.  The very top of the free agent hitting market (i.e. Kyle Tucker or Bo Bichette) is likely still out of the question for the Pirates.  But, if Schwarber and Naylor are on the radar, players like Cody Bellinger, Pete Alonso, Eugenio Suarez, Kazuma Okamoto, and any number of other available bats could now conceivably be within Pittsburgh’s spending range.

Bucs fans can be forgiven for taking a “we’ll believe it when we see it” stance on the Pirates’ pursuit of major free agents.  That said, Paul Skenes’ immediate impact as arguably baseball’s best pitcher has created more pressure on the team to return to contention while Skenes is still under team control.  Skenes and the Pirates’ collection of promising young arms was let down by a dismal offense in 2025, so adding hitting is the obvious top priority on the team’s offseason checklist.

The common theory going into the winter was that Pittsburgh was again going to trade from its stockpile of hurlers to obtain some much-needed hitting help.  Cherington had already flatly shot down any possibility of Skenes being dealt, but conceivably any of the less-experienced arms could be dealt for an equally promising young bat.  As for the Buccos’ more seasoned pitchers, the Athletic’s Ken Rosenthal and Will Sammon reported today that Johan Oviedo is drawing trade interest, and Mitch Keller has been mentioned in trade rumors for months.

Keller is also the Pirates’ second-highest paid player, so dealing the right-hander would free up more payroll room for further moves.  This could mean more exploration at the higher end of the free agent market, or the Pirates could conceivably take on some salary in a trade for a more expensive hitter.  Trading Keller for a similarly-priced hitter would be the smoothest way to accomplish this goal, though such an easy match isn’t obvious on the trade front.

The fact that the Pirates were looking at Naylor doesn’t necessarily mean that the team isn’t satisfied with incumbent first baseman Spencer Horwitz, as Horwitz could be moved to DH in the event that another first baseman was added.  It also could mean that Pittsburgh was more broadly looking at any available top bat, and figuring out the positional fit can come after the fact.

One position that probably won’t receive much attention is shortstop, as top prospect Konnor Griffin is expected to be in the majors at some point in 2026.  This could even be as early as Opening Day, as Passan writes that “the Pirates are strongly considering giving [Griffin]…the opportunity to win their big league shortstop job” in Spring Training.  It would be a bold promotion for a 19-year-old who has only one year of pro ball under his belt, and Griffin’s resume consists of 21 Double-A games and zero Triple-A games.

Nevertheless, Griffin is viewed as perhaps the best prospect in baseball, and he looked so impressive in 2025 that he already appears to be on the verge of his MLB debut.  Putting Griffin on the Opening Day roster and keeping him in the majors throughout 2026 could eventually earn the Pirates a bonus draft pick via the Prospect Promotion Incentive program, should Griffin win Rookie of the Year honors, or if he has a top-three finish in NL MVP voting during his pre-arbitration years.

Shohei Ohtani Wins NL MVP Award

By | at

Shohei Ohtani has his fourth MVP award. As expected, the two-way superstar repeated as NL MVP and has now won the award twice in each league. He’s the second player in MLB history to win a fourth MVP. Barry Bonds won the award seven times. Until tonight, he’d been the only player to earn that title more than thrice. Ohtani won the award unanimously for the third consecutive season and has gotten all 30 first-place votes in all four of his wins.

It’s a third consecutive MVP for the Dodgers slugger. He won the AL version in 2023 during his final season as a member of the Angels. He has taken the crown in both seasons as a Dodger, winning a World Series in each. His $700MM free agent contract is already among the most successful in league history. He’ll have the opportunity to match Bonds’ record of four consecutive MVP wins next season. Bonds won the award as a member of the Giants each season from 2001-04.

Ohtani beats out Kyle Schwarber and Juan Soto, the other NL finalists. He led the majors with 146 runs scored while slashing .282/.392/.622 across 727 plate appearances. Ohtani paced the NL in slugging percentage and OPS. He hit a career-high 55 home runs, one back of Schwarber for the Senior Circuit lead. Ohtani’s 102 runs batted in were “only” good for sixth in the NL, though that’s partially because he spent all but one week of the season working out of the leadoff spot.

While Schwarber matched Ohtani from a power perspective, the latter had the advantage of more than .040 points of batting average and .025 points in OBP. He also stole 20 bases and was a far more valuable overall baserunner. That’s before considering his achievements on the mound.

Ohtani finally returned after an extended layoff from pitching following his second career elbow surgery. He chipped in 47 innings of 2.84 ERA ball with 62 strikeouts over 14 starts. Ohtani probably would have won the MVP even if he were simply a DH, as he did in 2024. That he’s also capable of pitching at a top-of-the-rotation level when healthy only reaffirms his status as the sport’s greatest player today and arguably ever.

The award voting takes place at the end of the regular season. Ohtani added another eight homers with a .265/.405/.691 slash over 84 plate appearances in the postseason. He’d been only average during the Dodgers’ World Series run in 2024. That changed this October. Ohtani leveled up when the lights were brightest, hitting .333 with a .500 on-base percentage during the Fall Classic. He set a playoff record with nine times on base during the marathon Game 3, when a couple early homers led Jays manager John Schneider to intentionally walk him every time he came up in extra innings.

Ohtani’s monster showing shouldn’t take away from Schwarber’s phenomenal year. He led the NL in homers and took home the major league RBI crown by driving in 132 runs. Schwarber hit .240/.365/.563 across 724 plate appearances while starting all 162 games for the Phillies. He hit 187 home runs over the course of his four-year, $79MM free agent deal with the Phils and is now set to cash in during a return trip to free agency. Schwarber and Ohtani are tied for second in the majors in homers over the past four seasons, trailing only Aaron Judge. He has received MVP votes in four straight seasons, but this is his first time as a finalist.

Soto just wrapped up the first season of his free agent mega deal with the Mets. It was a disappointing year for the team, as they melted down in September and lost out on a playoff berth to an 83-win Cincinnati club. Soto came under some fire early after getting out to a slow start, but he was a monster from June onward. He finished the year with a .263/.396/.525 slash across 715 trips to the plate. Soto led the majors with 127 walks and paced the NL in on-base percentage. That’s to be expected for the hitter with the game’s best eye. Far more surprising is that he also tied for the NL lead with 38 stolen bases after entering the season with 57 steals over his first six and a half seasons. Soto has never won an MVP but has finished in the top three on three occasions.

FanGraphs credited Ohtani with an NL-best 9.4 wins above replacement between his pitching and hitting. Baseball Reference had him in second place at 7.7 WAR, narrowly behind Cy Young runner-up Cristopher Sánchez at eight WAR. BRef actually had Diamondbacks shortstop Geraldo Perdomo as the WAR leader solely among position players, excluding Ohtani’s pitching stats. Perdomo was second in fWAR behind Ohtani.

Schwarber received 23 of the 30 second-place votes. Four voters had Soto second on their ballot, while the other three placed Perdomo in that spot. The three finalists were the only players who appeared among the top five on all 30 ballots. Trea Turner, Pete Alonso and Freddie Freeman all received one third-place vote, with the rest split between Schwarber, Soto and Perdomo. Perdomo finished in fourth place, while Turner landed in fifth. Cy Young winner Paul Skenes came in sixth and was the top pitcher on the ballot. Corbin Carroll, Fernando Tatis Jr., Pete Crow-Armstrong and Francisco Lindor rounded out the top 10. Twenty three players received at least one vote.

Image courtesy of Kiyoshi Mio, Imagn Images. Full vote breakdown available via BBWAA.

13 Players Receive Qualifying Offers

By | at

Thirteen players have received a qualifying offer this year, reports Jeff Passan of ESPN. The list is as follows:

This year’s QO is valued at $22.025MM. All 13 players will have until Nov. 18 to decide whether to accept that one-year offer or decline and become a free agent. They can spend that time gauging the open market to determine interest in their services. If a player accepts the QO, he’ll be treated as a free agent signing and thus will be ineligible to be traded without his consent until June 15 of next year. If he declines, any team that signs him will be subject to draft and/or international bonus forfeitures, depending on its revenue-sharing and luxury tax status.

The bulk of the list was generally expected. Every recipient other than Torres and Imanaga was pegged as likely or a no-doubter to receive the QO on MLBTR’s annual lists of qualifying offer previews for position players and for pitchers. Torres was viewed as something of a long shot, at least on the MLBTR staff. He’s coming off a nice season in Detroit but struggled through a poor finish — perhaps in part due to injury — and wasn’t hit with a QO last offseason when coming off a comparable year at the plate in the Bronx.

Imanaga was listed as a borderline call on our preview as well. The Cubs declined a three-year, $57.75MM option on Imanaga last week. He subsequently declined a $15.25MM player option (which came with an additional player option at $15.25MM) — effectively opting out of a remaining two years and $30.5MM. The Cubs are banking on Imanaga also turning away one year at just over $22MM after turning down that remaining $30.5MM in guaranteed money.

The qualifying offer is determined each year by taking the average of the game’s 125 highest-paid players. We’ve already covered the penalties that each team would face for signing a qualified free agent, as well as the compensation each club would get for losing a qualified free agent to another team.

Among the notable free agents to not receive a qualifying offer are Lucas Giolito, Robert Suarez, Devin Williams and Jorge Polanco. Giolito might have received one had it not been for a late elbow issue that ended his season. Suarez has been excellent and just opted out of the remaining two years and $16MM on his contract, but he’ll be 35 next year. The Padres have been reducing payroll in recent seasons and likely didn’t want to risk Suarez locking in that weighty one-year sum. Williams would have received a QO with a typical season, but he struggled throughout much of the season’s first four months before a dominant finish. Polanco enjoyed a terrific rebound campaign but is 32 years old and was limited to DH work for much of the season due to ongoing injury issues.

The qualifying offer grants each of these free agents the chance at a notable one-year payday, though the majority of them will reject without much thought. Players like Tucker, Bichette, Schwarber, Valdez, Cease, Suarez and Diaz are likely to see comparable or larger (much larger, in Tucker’s case) salaries on multi-year deals in free agency. Even players like Grisham, who probably won’t land a $22MM annual value over multiple years, are still likely to reject. Major league free agents typically — though not always — prioritize long-term earning over short-term, higher-AAV pacts. A three- or four-year deal worth $14-16MM per year, for instance, is typically viewed as preferable to accepting one year at a higher rate.

There’s risk in declining the offer, of course. Teams are more reluctant to sign players who’ll cost them valuable draft picks and/or notable portions of their hard-capped bonus pool for international amateurs. Every offseason, there are a handful of free agents whose markets are weighed down by the burden of draft pick compensation. That typically applies to the “lower end” of the QO recipients. For top stars like Tucker, Bichette, etc. — draft/international forfeitures are simply considered the cost of doing business and don’t tend to have much (if any) impact on the player’s earning power.

The Case For The Reds To Sign A Big Bat

By | at

The Reds’ immediate exit from the playoffs makes it easy to forget the successes of the regular season. Cincinnati snapped a four-year postseason drought in manager Terry Francona’s first season. They won 83 games for just the second time since 2013. This team has something to build on heading into 2026, and now is the time to make a splash in free agency.

As MLBTR’s Anthony Franco explored in Cincinnati’s Offseason Outlook for Front Office subscribers, improving the offense will be key this offseason. The club did not have the depth or high-end talent to compete with the best of the National League. Cincinnati could make smaller moves around the margins, as they’ve done in recent seasons, but why not take a bigger swing?

Financially, the team is in a decent spot. FanGraphs’ RosterResource tool has the Reds with an estimated payroll of around $94MM heading into next season. They were close to $120MM this past season, and have been above $130MM in each season from 2020 to 2022. The biggest current commitment for 2026 is the $13MM owed to Jeimer Candelario. While it stings to be shelling out that amount to a player no longer in the organization, Candelario is the only one on the books for eight figures right now, assuming the team declines Austin Hays’ $12MM mutual option. MLBTR contributor Matt Swartz has Brady Singer projected to earn $11.9MM in arbitration, but the righty will likely be the only significant commitment coming from the arbitration process.

Cincinnati’s largest free agent contract by total value is a tie between Nick Castellanos and Mike Moustakas at $64MM over four years in 2020, as shown on MLBTR’s Contract Tracker. The club will have to go well beyond a $16MM average annual value to entice Kyle Schwarber or Pete Alonso, but maybe combining the outlay on Castellanos and Moustakas would be enough to make an interesting offer.

Part of the reason for the offense being the offseason focus is that the pitching staff was excellent in 2025. Hunter Greene looked like an ace when healthy. Andrew Abbott delivered a breakout season. Singer and Nick Lodolo provided stable innings. Chase Burns posted electrifying strikeout numbers upon getting called up. Cincinnati ranked ninth in starting pitcher ERA. Only six other starting staffs had more strikeouts.

The success on the mound is made more impressive by Cincinnati’s home venue. Great American Ball Park ranks third in StatCast’s Park Factor metric. It’s the second-highest rated park for home runs. The strides made by the starting pitching unit make the shortcomings of the offense harder to swallow, especially given the favorable hitting environment.

Though they snuck into the playoffs after chasing down the Mets, the Reds finished third in the NL Central. They haven’t been better than third in the division since winning it in 2012. This might be the perfect time to buck that trend.

Pittsburgh and St. Louis are in rebuilding mode, making this a three-horse race heading into next season. Milwaukee and Chicago both won 90+ games in 2025, but could be facing significant losses. Kyle Tucker is a free agent. He would fit the bill as a significant splash for Cincinnati, though he’s likely out of their price range. The more likely impact is removing a key contributor from the middle of the Cubs’ lineup. Speaking of important losses, Milwaukee could be considering a Freddy Peralta trade. It would be a massive loss for a rotation without much proven depth and some health questions.

The Brewers and Cubs are still likely the favorites to win the NL Central next season, but the Reds can close the gap. Their finances make a big move possible, and their pitching staff deserves better support. Schwarber said it would be “cool” to suit up for his hometown team. The Reds might as well try to make that happen.

Show all

MLB Trade Rumors is not affiliated with Major League Baseball, MLB or MLB.com

Do not Sell or Share My Personal Information

hide arrows scroll to top