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Blue Jays Rumors

American League Non-Tenders: 11/21/25

By Anthony Franco | November 21, 2025 at 4:22pm CDT

Every American League team has officially announced their non-tender decisions. It was a quiet evening in terms of subtractions, with only the Rangers parting with any marquee players. All players who were non-tendered are free agents without going on waivers. A few teams dropped pre-arbitration players from the back of the 40-man roster. It’s possible they preferred not to expose them to waivers and are hopeful of re-signing them to non-roster deals.

Here’s a full list of today’s activity in the AL, while the National League moves are available here. All projected salaries are courtesy of MLBTR contributor Matt Swartz.

  • The Angels announced they’ve non-tendered outfielder Gustavo Campero and catcher Sebastian Rivero. Campero is a depth outfielder who has hit .202/.272/.346 over the past two seasons. Rivero operated as the club’s third catcher for most of the season but spent the final few weeks on the active roster. Neither player had been eligible for arbitration. All their arb-eligible players were easy calls to retain.
  • The Astros technically made one non-tender, dropping infielder Ramón Urías after he was designated for assignment earlier in the week. He’d been projected at $4.4MM.
  • The Athletics officially non-tendered outfielder JJ Bleday, the club announced. He’d been designated for assignment on Tuesday, so this was inevitable unless they found a trade partner. Bleday had been projected at $2.2MM.
  • The only non-tenders for the Red Sox were first baseman Nathaniel Lowe and reliever Josh Winckowski, each of whom had been designated for assignment on Tuesday. Lowe was projected at $13.5MM, while Winckowski was at $800K.
  • The Guardians non-tendered outfielder Will Brennan and relievers Sam Hentges and Nic Enright. The latter had been designated for assignment on Tuesday. Hentges hasn’t pitched since undergoing shoulder surgery in September 2024. He underwent a right knee procedure a few months ago and will be delayed this offseason. Brennan only appeared in six MLB games this year and underwent Tommy John surgery while in the minors in June. He’d been projected at $900K.
  • The Mariners non-tendered reliever Gregory Santos, reports Francys Romero. He’d only been projected at $800K, narrowly above the MLB minimum, so the move was about dropping him from the 40-man roster. Seattle acquired the 26-year-old righty from the White Sox over the 2023-24 offseason. He has only made 16 MLB appearances with a 5.02 earned run average over the past two years because of lat and knee injuries. Seattle also non-tendered relievers Trent Thornton and Tayler Saucedo (the latter of whom was designated for assignment on Tuesday). Thornton had been projected at $2.5MM and is coming off a 4.68 ERA through 33 appearances. He suffered a season-ending Achilles tear in August.
  • The Orioles non-tendered swingman Albert Suárez, the team announced. Everyone else in their arbitration class was offered a contract, surprisingly including first baseman Ryan Mountcastle (as first reported by ESPN’s Jeff Passan). Suárez, 36, was a solid depth starter in 2024. He was limited to five MLB appearances this past season by a flexor strain but is not expected to require surgery.
  • The Rangers non-tendered each of Adolis García, Jonah Heim, Josh Sborz and Jacob Webb. MLBTR covered those moves in greater detail.
  • The Rays only non-tendered outfielders Christopher Morel and Jake Fraley, each of whom had been designated for assignment earlier in the week. Marc Topkin of The Tampa Bay Times reported last night that the Rays were open to bringing back Fraley at a lower price than his $3.6MM arbitration projection.
  • The Royals non-tendered outfielder MJ Melendez and reliever Taylor Clarke, per a club announcement. Melendez, who’d been projected at $2.65MM, was an obvious decision. The former top prospect never developed as hoped and is a career .215/.297/.388 hitter over parts of four seasons. Clarke isn’t as big a name but comes as the more surprising cut. He’d been projected at just $1.9MM and is coming off a 3.25 ERA with a 21.4% strikeout rate over 55 1/3 innings out of the bullpen.
  • The Tigers are non-tendering utility player Andy Ibáñez, according to Romero. He’d been projected at $1.8MM. The righty-hitting Ibáñez had been a solid short-side platoon bat for Detroit between 2023-24. His production against southpaws dropped this year (.258/.311/.403), limiting his value. The Tigers optioned the 32-year-old to Triple-A in early June and kept him in the minors until shortly before the trade deadline. Detroit also dropped the six pitchers they’d designated for assignment earlier in the week: Tanner Rainey, Dugan Darnell, Tyler Mattison, Jason Foley, Jack Little and Sean Guenther.
  • The only Twins non-tender was outfielder DaShawn Keirsey Jr., who’d been designated for assignment this morning to make room for the Alex Jackson trade. Everyone in the arbitration class was brought back.
  • The White Sox non-tendered outfielder Mike Tauchman, as first reported by Bruce Levine of 670 The Score. The lefty hitter turned in a solid .263/.356/.400 line in 93 games this past season. Tauchman has gotten on base at plus rates in three straight years but was also non-tendered by the Cubs a year ago. The 34-year-old (35 next month) had been projected for a $3.4MM salary. The Sox also announced they’ve dropped lefty reliever Cam Booser and first baseman Tim Elko. Neither had been eligible for arbitration. The former posted a 5.52 ERA in 39 appearances after being acquired from the Red Sox last winter, while the latter hit .134 in his first 23 MLB games despite a 26-homer season in Triple-A.
  • The Yankees announced five non-tenders. Relievers Mark Leiter Jr., Scott Effross, Jake Cousins and Ian Hamilton were all cut loose, as was pre-arbitration righty Michael Arias. Leiter, who’d been projected at $3MM, never clicked in the Bronx after being acquired at the 2024 deadline. He posted a 4.89 ERA in 70 innings as a Yankee. Hamilton, Effross and Cousins were all projected just above the MLB minimum but are cut to clear roster space. Hamilton was on and off the active roster and posted a 4.28 ERA in 40 big league frames this year. Effross was limited to 11 appearances and has been plagued by various injuries for the past three and a half years, while Cousins is working back from Tommy John surgery. Arias has never pitched in the big leagues and could be brought back on a minor league deal.

The Blue Jays tendered contracts to all unsigned players on the 40-man roster.

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Athletics Baltimore Orioles Boston Red Sox Chicago White Sox Cleveland Guardians Detroit Tigers Houston Astros Kansas City Royals Los Angeles Angels Minnesota Twins New York Yankees Seattle Mariners Tampa Bay Rays Texas Rangers Toronto Blue Jays Transactions Albert Suarez Andy Ibanez Cam Booser Christopher Morel DaShawn Keirsey Jr. Dugan Darnell Gregory Santos Gustavo Campero Ian Hamilton J.J. Bleday Jack Little Jake Cousins Jake Fraley Jason Foley Josh Winckowski MJ Melendez Mark Leiter Jr. Michael Arias Mike Tauchman Nathaniel Lowe Nic Enright Ramon Urias Sam Hentges Scott Effross Sean Guenther Sebastian Rivero Tanner Rainey Tayler Saucedo Taylor Clarke Tim Elko Trent Thornton Tyler Mattison Will Brennan

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Erik Swanson Announces Retirement

By Nick Deeds | November 21, 2025 at 12:46pm CDT

Right-hander Erik Swanson announced his retirement yesterday on his personal Instagram account. Swanson, 32, pitched in parts of seven MLB seasons with the Blue Jays and Mariners.

The 32-year-old was an eighth-round pick by the Rangers back in 2014 and was a piece of two significant trades before he made his MLB debut. He was part of the package that Texas sent to the Yankees in exchange for the services of Carlos Beltran prior to the 2016 season, and then he was shipped to Seattle by the Yanks in the deal for James Paxton prior to the 2019 season. After pitching out of the bullpen in the Rangers’ system and starting during his time with the Yankees, Swanson made his big league debut with the Mariners in 2019 as a swing man.

That start to his career was a rocky one, as the right-hander posted a lackluster 5.74 ERA in 58 innings of work during his rookie season. Those innings were split between eight starts and 19 relief outings, He was back in the bullpen for the shortened 2020 season, but made just nine appearances and was lit up to the tune of 12 runs (11 earned) in just 7 2/3 innings of work despite a decent 24.3% strikeout rate. The Mariners stuck with Swanson headed into the 2021 season, however, and their commitment quickly began to pay dividends.

Swanson enjoyed the first truly successful season of his big league career in 2021. Though he only pitched 35 1/3 innings total, he looked great in doing so with a 3.31 ERA and a 24.8% strikeout rate across 33 appearances. He built on that solid performance the following year and enjoyed a breakout 2022 campaign. With a 1.68 ERA, 1.84 FIP, and 2.19 SIERA in 53 2/3 innings of work to go along with a 34.0% strikeout rate, Swanson was on the shortlist for the very best relievers in baseball that year. Among all pitchers with at least 50 innings of work that year, Swanson ranked in the top 10 by measure of SIERA (10th), K-BB% (10th), xERA (10th), ERA (9th), and FIP (3rd).

After that dominant season, the Mariners capitalized on Swanson’s value and made him a key piece of the trade that brought Teoscar Hernandez to Seattle. After being shipped to Toronto and suiting up for the Blue Jays, Swanson was unable to recreate his elite 2022 campaign but still enjoyed a strong 2023 as a quality late-inning arm. He pitched a career-high 66 2/3 innings across 69 appearances and turned in an impressive 2.97 ERA, though his strikeout rate dropped to 28.6% and his peripherals took a similar step back.

Unfortunately, things came off the rails for Swanson from there. In 2024, he struggled to a 5.03 ERA and had issues with his command across 45 appearances, surrendering 11 home runs in just 39 1/3 innings while his strikeout rate tumbled to 22.0%. The Jays held onto Swanson this year in hopes of a bounce back, but he dealt with nerve issues throughout the spring and had his season debut delayed until the start of June due to forearm soreness. He surrendered nine runs in six appearances before the Jays pulled the plug after just two weeks. He was released in late June and did not pitch professionally between then and his retirement announcement.

In all, Swanson posted a career 4.20 ERA in 246 games as a big leaguer. He struck out 281 batters across 266 innings of work and finishes his career with an 11-16 record and ten career saves. We at MLB Trade Rumors congratulate Swanson on a fine playing career and wish him all the best in his post-playing endeavors.

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Toronto Blue Jays Transactions Erik Swanson

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Latest On Kyle Tucker’s Market

By Steve Adams | November 20, 2025 at 12:53pm CDT

We’re still in the nascent stages of the MLB offseason, with only a handful of notable free-agent signings and trades thus far. Still, with the GM Meetings now in the rearview mirror, teams have laid a fair bit of groundwork for the weeks and months ahead, both on the free agent and trade markets. Kyle Tucker stands as the offseason’s top free agent, and while there’s no indication he’s close to signing, there are also some hints falling into place about his potential market.

ESPN’s Jeff Passan wrote this week that some rival teams feel the Blue Jays are the likeliest landing spot for the four-time All-Star. They’ve been a popular speculative pick early on after a deep World Series run and with only one other major long-term commitment (Vladimir Guerrero Jr.) on the books. Of course, Bo Bichette could be the priority, and it’s rare for any team to sign two free agents of that magnitude in a single offseason.

Tucker is a prominent enough star that some unexpected suitors figure to jump into the fray. Ken Rosenthal of The Athletic wrote this morning that while the Orioles are prioritizing pitching this winter, they haven’t ruled out a run at Tucker. Having already acquired Taylor Ward from the Angels, the addition of Tucker would free Baltimore to dangle young outfielders Colton Cowser and Dylan Beavers on the trade market in hopes of securing some controllable arms. There are quite a few pitchers of note who could be on the block this winter, and both Cowser and Beavers would intrigue clubs looking to move arms. Both are former first-round picks. Cowser has four more seasons of club control, while Beavers only debuted late in 2025 and thus has a full slate of six years of club control remaining.

Baltimore stands as a fascinating fit. President of baseball operations Mike Elias was the Astros’ scouting director when Tucker was selected with the No. 5 overall pick. The O’s don’t have anything on the books long-term, other than Samuel Basallo’s eight-year, $67MM extension. That $8.375MM annual value isn’t going to be stand in the way of any other long-term deals. Beyond Basallo, Tyler O’Neill is the only other player signed to a guaranteed deal beyond the 2026 season. His three-year, $49.5MM contract runs through 2027.

The Orioles’ long-term financial outlook is so clean that there’s no true impediment to them signing Tucker and a notable a free agent starter. That’s not to say such a scenario is likely, of course, but Baltimore’s 2026 payroll currently projects for about $105MM, per RosterResource, and that’s before potential non-tenders or trades of Ryan Mountcastle ($7.8MM projected salary), Keegan Akin ($3MM projection), Yennier Cano ($1.8MM projection) and/or Alex Jackson ($1.8MM projection) prior to tomorrow’s 5pm ET non-tender deadline.

Depending on what happens with the Orioles’ arbitration class, they could realistically see next year’s projected payroll drop into the $93-100MM range by tomorrow evening. The opened the 2025 season with a payroll around $164.5MM. We’re certainly not accustomed to seeing Baltimore spend like this, but this is also only the second offseason under new owner David Rubenstein. Elias has already publicly stated that he is “fully prepared” to sacrifice draft picks by signing free agents who rejected qualifying offers, and for all the focus on pitching, it was reported more than a month ago that the O’s also covet an impact bat — likely in the outfield.

None of this is intended to frame the Orioles as any sort of favorite to sign Tucker, to be clear. Far from it. However, the fit and logic behind it are probably more sensible than one might think at first glance.

Other clubs will still loom in the market. Passan cites the Phillies as a possible landing spot, should Kyle Schwarber sign elsewhere. The Yankees have been linked to both Tucker and a Cody Bellinger reunion. GM Brian Cashman indicated this week that Trent Grisham’s decision to accept his qualifying offer will not impact the team’s pursuit of Bellinger. Presumably, then, that thinking extends to Tucker as well. The Dodgers have also been linked to Tucker, though Passan doubles down on his prior reporting that their interest would “likely” be on a shorter-term but high-AAV deal — the type we rarely see taken by the consensus top free agent in a given offseason.

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Baltimore Orioles Chicago Cubs Los Angeles Dodgers New York Yankees Newsstand Philadelphia Phillies Toronto Blue Jays Colton Cowser Dylan Beavers Kyle Tucker

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Blue Jays, Dodgers Interested In Cody Bellinger

By Darragh McDonald | November 19, 2025 at 1:54pm CDT

The Yankees are known to have interest in reuniting with Cody Bellinger, even after Trent Grisham accepted the qualifying offer yesterday, but they will have competition. Bellinger has already been connected to the Mets and Jeff Passan of ESPN reports that the Blue Jays and Dodgers have interest in him as well.

Passan notes that the Jays want a left-handed complement to Vladimir Guerrero Jr. They have a few lefties projected to be in next year’s lineup. That includes Addison Barger, Daulton Varsho and Nathan Lukes, but there’s room for improvement there. Barger has shown signs he could be a middle-of-the-order bat but his track record in the majors isn’t especially long yet. Varsho has some home run pop but isn’t an elite hitter overall. Lukes is a pesky, contact-oriented type.

The Jays have already been connected to Kyle Tucker, a lefty swinger who happens to be the top free agent available. Bellinger hasn’t been quite at Tucker’s level for most of the recent past but he is coming off a better platform season. Passan writes that the Jays view Bellinger as an acceptable fallback to Tucker.

Bellinger just had a strong 2025 campaign with the Yankees. He hit 29 home runs while only striking out 13.7% of the time. His .272/.334/.480 batting line translated to a wRC+ of 125. He stole 13 bases and got strong defensive grades, playing all three outfield spots as well as first base.

There were some concerning elements under the hood. None of Bellinger’s 29 home runs went to the opposite field. He had a .302/.365/.544 slash and 152 wRC+ when playing at Yankee Stadium with its short porch in right field. He had a .241/.301/.414 line and 97 wRC+ on the road.

In the past, the market hasn’t always jumped on Bellinger, even when he has put up good numbers. It’s possible that is related to his unimpressive batted ball metrics, which are still present. In 2025, his average exit velocity, hard hit rate and barrel rate were all in the 36th percentile or worse.

Coming off a strong season in 2023, Bellinger reportedly went out looking for $200MM and didn’t find it. He had to settle for a three-year, $80MM deal with opt-outs. His 2024 season was mediocre enough that he didn’t even trigger the first opt-out chance. The Cubs sent him to the Yanks in what was effectively a salary dump deal, though he bounced back enough to trigger his second opt-out.

Observant Jays fans will know that the club has been connected to Bellinger throughout his ups and downs, so it’s perhaps unsurprising that they have him on the radar again. The question will be if they make him a priority with Tucker and Bo Bichette still out there. MLBTR predicted Bellinger to secure $140MM over five years, significantly less than the predictions for Tucker and Bichette but still a hefty commitment.

The Jays have a number of incumbent outfield options but there’s some flexibility in it. In addition to the aforementioned Varsho and Lukes, George Springer and Anthony Santander are likely to be sharing one corner and the designated hitter spot. There’s also guys like Barger and Davis Schneider, though those two are capable of playing the infield. Myles Straw is around as a glove-first bench guy. Signing another outfielder would likely push Lukes to a part-time position and Barger and Schneider to more full-time infield roles.

RosterResource projects the Jays for a payroll of about $233MM next year. That’s more than $20MM shy of their year-end figure in 2025. Getting back to that level would leave room for a notable addition but they would likely have to increase spending to make more than one marquee move. With needs on the pitching side of things as well, they may have to divert some of their recent extra revenue from their playoff run into next year’s team. Perhaps they will put more of a focus on Bichette but Bellinger is a possible fallback and getting both isn’t entirely impossible.

As for the Dodgers, the outfield does stand out as a place for them to add. The roster is obviously in a good place, as they just won the World Series and didn’t lose any major contributors to free agency. But if you’re looking for a place to find weak spots, the grass is a bit patchy. The Michael Conforto signing was a bust. Teoscar Hernández had an uneven season. Andy Pages had a decent year but his bat disappeared in the playoffs. Tommy Edman can play the outfield but is now recovering from ankle surgery and might be needed at second base.

Despite the need, it would be surprising if Bellinger was the solution. He was drafted by the Dodgers and spent the first six seasons of his career there but didn’t seem to part on good terms. Scott Boras, Bellinger’s agent, publicly blamed the Dodgers for Bellinger’s struggles in 2021 and 2022 after shoulder surgery. That prompted Dodgers president of baseball operations Andrew Friedman to respond and defend the club. Jack Harris of the Los Angeles Times was among those to relay the play-by-play of that saga back in 2023.

Given the tension there, perhaps a reunion isn’t especially likely. On the other hand, it’s not as though the situation has prevented the Dodgers and Boras from doing business. Since that spat, the Dodgers have signed Boras clients like Conforto, Blake Snell and James Paxton. If the Dodgers really want Bellinger and are willing to pay, that should win out over past squabbles.

On the other hand, it’s not clear if the Dodgers want to make a big splash in the outfield. They have also been connected to Tucker but with some reporting suggesting they might prefer to make a short-term addition as they wait for their outfield prospects to arrive. Josue De Paula, Zyhir Hope, Mike Sirota and Eduardo Quintero are all outfielders in the system and all four have been on top 100 prospect lists. They aren’t immediate fixes since no one in the quartet has reached Triple-A yet, but the Dodgers might be inclined to wait, as opposed to signing an outfielder to a mega deal. Having just won a second straight title, perhaps there’s less pressure for them to win the offseason.

Photo courtesy of Kevin Sousa, Imagn Images

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Blue Jays Select Ricky Tiedemann

By Steve Adams | November 18, 2025 at 5:06pm CDT

The Blue Jays have selected the contract of top pitching prospect Ricky Tiedemann, per a club announcement. They’re now up to 38 players on the 40-man roster.

Tiedemann, 23, didn’t pitch this past season while recovering from Tommy John surgery performed in July 2024. Be that as it may, given how highly regarded the 2021 third-rounder had become prior to that injury, he’d surely have been scooped up by a non-contending club in next month’s Rule 5 Draft.

Though Tiedemann still hasn’t topped the 78 2/3 innings he pitched in his first full professional season back in 2022, he ranked among the game’s top 100 prospects at Baseball America in each of the past three offseasons. He’s pitched to a career 3.02 ERA in the minors and fanned a gargantuan 39.6% of his opponents. His 11.9% walk rate clearly needs refinement, but the 6’4″, 220-pound Tiedemann carries substantial upside as a potential playoff-caliber starter or a late-game reliever with possibly elite bat-missing abilities.

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Toronto Blue Jays Transactions Ricky Tiedemann

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Nine Players Reject Qualifying Offer

By Steve Adams and AJ Eustace | November 18, 2025 at 3:07pm CDT

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.

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Arizona Diamondbacks Chicago Cubs Houston Astros New York Mets Newsstand Philadelphia Phillies San Diego Padres Toronto Blue Jays Bo Bichette Dylan Cease Edwin Diaz Framber Valdez Kyle Schwarber Kyle Tucker Michael King Ranger Suarez Zac Gallen

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Nick Sandlin Elects Free Agency

By Anthony Franco | November 17, 2025 at 9:55am CDT

November 17: Sandlin has indeed rejected his outright assignment and elected free agency, according to an announcement from the Blue Jays.

November 15: The Blue Jays outrighted Nick Sandlin off the 40-man roster, as first reflected on the MLB.com transaction tracker. Sandlin has over three years of service time and will surely elect free agency in the coming days.

It’s effectively an early non-tender of the righty reliever. MLBTR contributor Matt Swartz projected Sandlin for a $2MM salary if he were tendered an arbitration contract. That’s not a huge amount, but the Jays soured on his future enough that they didn’t want to lock him into a middle relief role going into next season.

This drops their roster count from 38 to 37. Teams need to decide which eligible prospects they want to keep out of the Rule 5 draft by Tuesday evening. The Jays have an extra spot available than they would have had if they’d waited until Friday’s non-tender deadline to make the cut.

Toronto acquired Sandlin as a secondary piece of last winter’s Andrés Giménez trade. The Southern Mississippi product had pitched to a 3.27 earned run average over parts of four seasons in Cleveland. Sandlin never had great control, but he missed a good number of bats behind a plus slider and a promising splitter. The Jays hoped he could take on a higher-leverage role after being more of a sixth/seventh inning type in a loaded Cleveland bullpen.

Injuries kept that from happening. Sandlin went down three weeks into the season with a lat strain. He returned in mid-June but was shut back down after nine appearances by elbow inflammation. The latter injury ended his year. Sandlin tossed 16 1/3 innings overall. He gave up seven runs (four earned) with 16 strikeouts and eight walks. He recorded five holds and a save but also surrendered three leads.

Sandlin’s stuff was diminished. He averaged career lows on both his slider (78.4 MPH) and four-seam fastball (91.4). While he has never been a flamethrower, his heater was in the 94-95 MPH range during his rookie season and sat between 92-93 last year. Other teams evidently share the Jays’ concerns about the diminished velocity. Sandlin cleared waivers, suggesting no club wanted to take a flier and tender him at that projected $2MM price.

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Blue Jays Showing Interest In Raisel Iglesias

By Anthony Franco | November 15, 2025 at 1:26pm CDT

The Blue Jays are among the teams with interest in free agent closer Raisel Iglesias, reports Francys Romero. That’s a logical fit with Toronto on the hunt for a late-game arm. They’ve also been linked to Edwin Díaz at the top of the relief market.

Iglesias remains one of the better relievers in MLB as he enters his age-36 season. The Cuban-born righty is coming off a 3.21 earned run average in 67 1/3 innings for the Braves. Iglesias went 29-34 in save chances, narrowly missing what would have been his sixth career 30-save campaign. Iglesias punched out an above-average 27.4% of opponents while limiting walks to a 6% clip. He got swinging strikes nearly 15% of the time while still getting opponents to frequently chase outside the strike zone.

In aggregate, this year was Iglesias’ worst since at least 2019. That’s mostly attributable to an early-season home run spike. He gave up seven longballs before the end of May and carried a near-6.00 ERA into June. Once he got the home runs in check, Iglesias looked like his usually excellent self. He turned in a 1.96 ERA with a 29.3% strikeout percentage over the final four months. Opponents hit .163/.224/.219 with one homer in their last 174 plate appearances.

Jays general manager Ross Atkins has already said they’re not committed to keeping Jeff Hoffman in the ninth inning. Signing a closer would allow manager John Schneider to use Hoffman as a multi-inning leverage arm earlier in games. Hoffman allowed the second-most home runs (15) among MLB relievers this year. The longball is the biggest concern with Iglesias as well but not to the same extent.

Iglesias’ age is going to cap him at a maximum of two years. He should command an eight-figure annual salary. The Braves didn’t find much trade interest with Iglesias making $16MM this past summer. He elevated his stock by allowing just one run in 23 2/3 frames after the deadline, so it’s not out of the question that he commands something similar to this year’s salary on the open market. That’d especially be true if he takes a one-year guarantee, though MLBTR predicted he’d command a two-year contract at $13MM annually.

The Dodgers are the only other team that has been publicly connected to Iglesias this offseason. The Braves don’t have an obvious closing replacement and will probably stay in touch, but president of baseball operations Alex Anthopoulos said this week that they’re focused on shortstop and the rotation in the short term. If Iglesias receives strong two-year offers this month, he could sign elsewhere before the Braves are ready to pivot to the bullpen.

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Blue Jays Targeting High-Leverage Relievers

By Darragh McDonald | November 14, 2025 at 10:07am CDT

The Blue Jays are targeting high-leverage relievers, reports Mitch Bannon of The Athletic. Free agent Edwin Díaz appears to be one possibility, according to Ken Rosenthal of The Athletic. Rosenthal frames the Jays as the main threat to poach Díaz from the Mets. Rosenthal reports that the Jays recently met with Díaz’s representatives from Wasserman, though he also notes that may not mean anything since everyone meets with everyone at this time of year. Jeff Jones of The Belleville News-Democrat reports that the Jays were interested in Ryan Helsley ahead of the deadline. He is now a free agent and could be a target as well. The Jays were also connected to Pete Fairbanks earlier this week.

The Jays have seemingly been casting a wide net early in the offseason, having been connected to all kinds of different pursuits. The bullpen is one thing on their list and it’s a sensible one. The Jays had a middling relief group in 2025. Toronto relievers had a collective 3.98 earned run average, which was 16th out of the 30 big league clubs. Closer Jeff Hoffman had a 4.37 ERA for the year. He dominated through most of the playoffs but then surrendered the big Miguel Rojas home run when the Jays were two outs away from a title.

Last week, general manager Ross Atkins said that Hoffman would be open to moving to a different role if the Jays found another closer. It seems the Jays are indeed considering that. Díaz is one of the best closers in the game today. He already has 253 saves under his belt. He just wrapped up a season in which he had 1.63 ERA, 38% strikeout rate, 8% walk rate and 48.4% ground ball rate.

He has been with the Mets since 2019 and it might be assumed by some that he will end up back in Queens. He was approaching free agency three years ago but signed a five-year, $102MM deal to stay with the Mets just days before he was set to hit the open market. That deal contained an opt-out after three years, which Díaz triggered. He is now a free agent for the first time.

The Mets could certainly re-sign him but it doesn’t seem to be a fait accompli. Díaz himself said this week he has been talking with the Mets but put the odds of a return at 50/50, per Laura Albanese of Newsday. “If they came with the best deal for me, I’d enjoy to stay with them,” Díaz said, “but at the end of the day, I don’t know what they’re thinking.”

Díaz is still quite a good reliever but he is three years older than when he signed his previous deal. MLBTR predicted him to secure a four-year, $82MM pact this time around, a similar average annual value but on a shorter commitment since he’ll turn 32 years old in a few months. Díaz appears to be setting his sights a bit higher than that. Earlier this week, reporting from Rosenthal and Will Sammon of The Athletic indicated he is looking for roughly the same kind of deal he got last time. Bob Nightengale of USA Today echoed that this week, reporting that Díaz is looking for at least $100MM over five years.

That would be a notable expenditure for any club. As shown in MLBTR’s Contract Tracker, the $102MM guarantee from the previous Díaz deal is still the record for a reliever. The $20.4MM AAV is also top of the list, apart from swingman Nick Martinez accepting a $21.1MM qualifying offer from the Reds a year ago.

Whether the Jays would be willing to do that remains to be seen. They’ve never given a reliever more than the three years and $33MM they gave to Hoffman a year ago. They might have to triple that to land Díaz. Perhaps getting so close to a World Series will push them there, both because the bullpen let the last game slip away and because they presumably raked in a bunch of extra money from the deep playoff run.

RosterResource projects the Jays for a $235MM payroll next year, more than $20MM shy of their year-end figure in 2025. It’s unknown how high they are willing to go in the wake of their 2025 run. Presumably, there is a limit somewhere and they will have to balance their desire for Díaz against pursuits of Bo Bichette, Kyle Tucker, starting pitching and so on. Díaz also rejected a qualifying offer. Since the Jays paid the competitive balance tax in 2025, signing a player tied to a QO means they would have to forfeit two draft picks and international bonus pool space.

The Mets have been operating with very few payroll limits in recent years but David Stearns has shown a measured approach to building his pitching staff since taking the president of baseball operations job. Despite having Steve Cohen’s seemingly boundless resources, he hasn’t given a pitcher a deal longer than three years yet. The bullpen has mostly been built with one-year deals. A.J. Minter got two years with an opt-out in the middle, though his lack of health in 2025 means he will be coming back for that second year.

Some may speculate that Cohen would just override Stearns and bring back Díaz as a fan favorite. Rosenthal downplays this notion is his column, linked above, referring back to the 50/50 comments from Díaz.

Turning back to the Jays, they could also shop in a different aisle. As mentioned, they have been connected to Fairbanks, who will be far cheaper than Díaz. That’s also true of Helsley, who has a strong track record but is coming off a poor platform season.

From 2022 to 2024, Helsley tossed 167 2/3 innings with a 1.83 ERA, 34.6% strikeout rate and 9.2% walk rate. In 2025, his ERA jumped to 4.50 as his strikeout rate fell to 25%. He was especially bad after getting traded from the Cardinals to the Mets at the deadline, with a 7.20 ERA after that swap.

That obviously puts a big dent in his earning power but he should still get interest as a bounceback candidate. Plenty of clubs would be happy to try him on a one-year deal with the hope that 2025 was a blip. He might also have enough juice for two years with an opt-out. MLBTR went the latter route, predicting him for a two-year, $24MM guarantee.

There’s no denying the trend lines aren’t good. Helsley’s strikeout rate has gone from 39.3% in 2022 to 35.6%, 29.7% and 25% in the most recent seasons. But he still averaged 99.3 miles per hour on his fastball this year, a tiny drop from his peak of 99.7 mph in in 2023. He may have been tipping his pitches and he also surrendered a fairly high .342 batting average on balls in play. His 14.5% home run to fly ball ratio was far worse than previous seasons. Part of that was him getting hit harder than before but some teams may feel he could be back to his old self with a tweak or two.

If the Jays circle back to Helsley, that would be a far different addition than Díaz. Díaz is about as rock-solid as a closer gets these days and would immediately supplant Hoffman as the top guy in the bullpen. Helsley would be a lower-cost flier and would surely start lower in the pecking order before having to earn his way up. How the Jays play it will presumably depend on the other market factors and how things play out with the other things on their to-do list.

Photo courtesy of Brad Penner, Imagn Images

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Giants To Hire Hunter Mense As Hitting Coach

By Darragh McDonald | November 12, 2025 at 3:45pm CDT

The Giants are going to hire Blue Jays assistant hitting coach Hunter Mense as their hitting coach, reports Mitch Bannon of The Athletic. Yesterday, Andrew Baggarly of The Athletic reported that the Giants were targeting Mense.

Mense, 41, played baseball at the University of Missouri at the same time as new Giants manager Tony Vitello. Mense was drafted by the Marlins and played in the minor league system for a while, then spent some time in indy ball. Once his playing days were done, he pivoted to coaching, working in the Blue Jays’ minor league system.

He was promoted to the major league staff ahead of the 2022 season. It’s always tough to give one coach credit for the performance of several players, but for what it’s worth, the Jays have performed well during his time as an assistant hitting coach. Over the past four years, the Jays have a .257/.326/.416 line and 109 wRC+, which puts them fourth-best in the majors.

Last week, Blue Jays general manager Ross Atkins said there would be no “proactive subtractions” from the coaching staff. However, it seems Mense has been lured to San Francisco by his former college teammate offering him a promotion. The Giants have had Pat Burrell as their hitting coach for the past two years. It was reported last week that he would be staying with the Giants but in a different role.

The Giants have been hovering around .500 for the past four years. In 2025, they hit .235/.311/.386 for a wRC+ of 97. Perhaps a full season from Rafael Devers and/or a breakout from Bryce Eldridge will help them break through, but Mense will also try to do his part to help. The Jays will presumably look to add an assistant to replace Mense, whether that’s an internal promotion or external hire.

Photo courtesy of Nathan Ray Seebeck, Imagn Images

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