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Ryan Borucki, Michael Stefanic Elect Free Agency

By Mark Polishuk | November 2, 2025 at 5:48pm CDT

Left-hander Ryan Borucki and infielder Michael Stefanic have both elected free agency, as per the MILB.com transactions wire.  Both players were outrighted off the Blue Jays’ 40-man roster during the regular season and chose to accept the outright assignments rather than elect free agency at the time, but it was expected that they would opt into minor league free agency at some point after season’s end.

Borucki began his career in Toronto’s organization and spent parts of his first five MLB seasons (2018-22) with the Jays before he was traded to the Mariners in June 2022.  After a brief stint in the Cubs’ farm system, the southpaw’s next big league action came with the Pirates from 2023-25 until he was designated for assignment and released in August.  The Jays soon picked him up on a minor league contract and he got a brief run on their active roster in September, appearing in four games before being DFA’ed and outrighted.

Over 256 1/3 innings in the Show, Borucki has a career 4.28 ERA, 19.7% strikeout rate, 8.9% walk rate, and 48.3% grounder rate.  Those numbers included a 4.63 ERA in 35 combined innings with the Pirates and Blue Jays in 2025.  Borucki is the type of specialist reliever whose career was heavily impacted when MLB instituted the three-batter rule for relievers in 2020, as Borucki has struggled badly against right handed-hitting batters but dominant against left-handed bats.

Between those splits, his low strikeout totals, and the natural variance involved with being a grounder specialist, Borucki will very likely again have to settle for a minor league contract as he enters his age-32 season.  He is bound to land somewhere since so many teams need bullpen depth and/or left-handed relief help, but Borucki may be facing another round of DFA and outrights unless he can both earn a look in a big league bullpen and start producing consistent results.

Stefanic began his pro career as an undrafted free agent with the Angels in 2018, and broke into the majors by appearing in 90 games with Los Angeles over the 2022-24 seasons.  He inked a minors deal with Toronto last winter and had his contract selected for a nine-game cup of coffee in May when the Jays were in need of infield depth.  Stefanic produced a .462 OPS over 25 plate appearances in 2025, and he has hit .227/.314/.267 in 289 career PA in the Show.

This uninspiring slash line is a far cry from the impressive numbers Stefanic has posted in Triple-A, as he has batted .332/.427/.454 over 1884 PA with the Blue Jays’ and Angels’ top affiliates.  Between these stats and his ability to play all over the infield, Stefanic should catch on somewhere on another minors contract, but he is out of minor league options.

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Toronto Blue Jays Transactions Michael Stefanic Ryan Borucki

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Michael King Declines Mutual Option With Padres

By Nick Deeds | November 2, 2025 at 1:24pm CDT

Right-hander Michael King has declined his mutual option with the Padres, according to a report from Kevin Acee of the San Diego Union-Tribune. He’ll head into free agency and collected a $3.75MM buyout rather than stay with the Padres on what would have been a $15MM salary for next year.

King’s decision was entirely expected. Mutual options are virtually never exercised, and King will need to top just $11.25MM in free agency in order to come out ahead in making the choice to decline his option. That’s a number he’s essentially guaranteed to clear, both due to the high price of starting pitching in recent free agent classes and thanks to King’s own success in recent years. After moving to the rotation as a member of the Yankees in late August 2023, King fired off eight starts where he posted a 1.88 ERA with a 31.4% strikeout rate to end the season. After being shipped to San Diego as part of that offseason’s Juan Soto trade, he turned in a 2.95 ERA in 173 2/3 innings of work during his first full-time season as a starter and finished seventh in NL Cy Young award voting last year.

2025 wasn’t quite as strong as 2024, as King was limited to just 15 starts by a nerve issue in his throwing shoulder and a subsequent knee issue. King did return to the mound late in the year, but didn’t look like his usual dominant self with a 5.74 ERA across 15 2/3 September innings. He looked much better in a scoreless inning of relief work against the Cubs, however, and struck out all three batters he faced without issue. That’s good news, since prior to the injury King looked as dominant as ever with a 2.59 ERA and 3.26 FIP across his first ten starts of the year. While he finished the year with a 24.7% strikeout rate against an 8.4% walk rate, those figures were 28.4% and 7.6% prior to his injury.

Thanks to King’s dominance when healthy, he enters free agency with a real chance at a strong multi-year deal so long as suitors are convinced that this year’s shoulder woes are behind him. King is marketing his age-31 season, so between that fact and his shoulder problems this season it’s possible he’ll be boxed out of the five-, six-, or seven-year offers that top of the market aces have gotten in recent years. Even so, he should have the opportunity to clean up fairly handsomely on the open market in a way that would’ve been hard to imagine when looking at his first few years in the league as a middle reliever for the Yankees.

In the short-term, the Padres seem all but certain to extend King a Qualifying Offer, which King seems equally likely to reject. That process will leave King tied to draft pick compensation this winter. Last month, MLBTR’s Mark Polishuk took a look at what each team would receive if they lose a qualified free agent, and the penalties they’d pay to sign one. If King departs San Diego, the Padres would receive a compensatory pick after the fourth-round in the 2026 draft. Of course, that would only come in to play if King doesn’t re-sign with the Padres. The team’s clear needs at the top of the rotation mean that a reunion can’t be entirely ruled out, but in recent years San Diego has eschewed giving out large paydays to free agent starters in favor of a more creative approach.

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San Diego Padres Transactions Michael King

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Santiago Espinal Elects Free Agency

By Darragh McDonald | November 1, 2025 at 9:57am CDT

TODAY: As expected, Espinal rejected the outright assignment and chose to become a free agent, the Cincinnati Enquirer’s Gordon Wittenmyer reports.

OCTOBER 31: The Reds announced today that infielder Santiago Espinal has been sent outright to Triple-A Louisville. That indicates he cleared waivers in recent days. He has the right to elect free agency and will presumably do so in the coming days.

It’s common for clubs to clear roster space at this time of year. The offseason will begin in the coming days, which means the injured list goes away. Players on the 60-day IL will need to retake roster spots, though some players are also heading to free agency. The Reds don’t have a super tight roster crunch at the moment. RosterResource pegs them at 38 guys for the start of the winter, though picking up options on Brent Suter and Scott Barlow could have got them back up to 40. Espinal’s removal drops them to 37, not including Suter or Barlow.

Even if the Reds don’t strictly need a roster spot right now, there’s value in opening one. Perhaps some interesting players will be put on waivers by other clubs in the coming days. The Reds will also presumably want to add a few players to the roster to protect them from being selected in the Rule 5 draft.

Espinal wasn’t going to be long for the roster anyway. His performance has been declining for a while now. He could have been retained for the 2026 season via arbitration, with MLBTR contributor Matt Swartz projecting a $2.9MM salary, but the Reds were going to non-tender him.

The infielder had some decent results with the Blue Jays a few years ago, even making the All-Star team in 2022, but he hasn’t done much since then. He has stepped to the plate 973 times in the past three years with a combined .245/.298/.325 line and 71 wRC+. That includes a .243/.292/.282 line and 58 wRC+ in 2025.

At his best, Espinal can play multiple positions while hitting lefties. As recently as last year, though his overall offense was poor, he slashed .289/.344/.491 for a 122 wRC+ against southpaws. He was still better against lefties in 2025 but hit only .265/.317/.342 for a wRC+ of 81.

Assuming he elects free agency, Espinal could get interest from clubs for a bench/utility role, either on a minor league pact or a modest big league deal. He has experience at all four infield spots as well as the outfield corners.

Photo courtesy of Rick Osentoski, Imagn Images

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Cincinnati Reds Transactions Santiago Espinal

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Orioles Sign Luis Vazquez To Major League Contract

By Mark Polishuk | November 1, 2025 at 7:59am CDT

The Orioles announced that infielder Luis Vazquez was signed to a Major League contract for the 2026 season.  Vazquez was already controlled for 2026 as a pre-arbitration player, but this transaction gives Vazquez a bit more roster security (for now) and probably gives him a small bump over the minimum salary was slated to earn next year.

The signing bears some similarities to Baltimore’s deal with Rico Garcia, which was also announced on Thursday.  In essence, Vazquez’s big league deal and Garcia’s split contract are meant to deter teams from claiming either player on waivers, should the Orioles designate either for assignment this winter.  The two situations aren’t exactly similar since Vazquez has minor league options remaining while Garcia is out of options, but both players can reject an outright assignment in favor of free agency should they get DFA’ed and then outrighted off the 40-man roster.

Vazquez (who turned 26 last month) came to the Orioles from the Cubs in a cash transaction last January, and then was designated and outrighted off Baltimore’s roster just a week later.  His contract was selected by the O’s in June, and he ended up appearing in 32 MLB games in 2025, with a .160/.208/.240 slash line to show for 53 plate appearances.  Vazquez did hit his first big league home run, which ended up being the game-winning run in the Orioles’ 3-2 win over the Astros on August 24.

Known as an excellent defender, Vazquez might be able to carve out a bench spot in the Show on his glovework alone, and he’ll get some consideration for the Orioles’ utility infield position during Spring Training.  However, he’ll have to deliver something more at the plate than his .404 OPS over 67 career big league plate appearances.  His work at Triple-A has been much more respectable, as Vazquez has hit .252/.340/.408 over 839 career PA with the Cubs’ and Orioles’ top affiliates.

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Baltimore Orioles Transactions Luis Vazquez

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Lucas Gilbreath, Aaron Schunk Elect Free Agency

By Anthony Franco | October 31, 2025 at 10:01pm CDT

The Rockies outrighted infielder Aaron Schunk and lefty reliever Lucas Gilbreath off their 40-man roster, according to the MLB.com transaction tracker. Both players had been outrighted before in their careers and exercised their right to elect free agency.

There’ll be plenty of waiver movement as soon as the World Series ends. Teams need to activate everyone from the injured list and get their roster counts down to 40. The Rockies were already positioned to do so with Germán Márquez, Thairo Estrada, Kyle Farmer and Orlando Arcia hitting free agency. They’ll only need to reinstate Kris Bryant and Jeff Criswell from the injured list.

Colorado had also tried to sneak reliever Dugan Darnell through waivers this afternoon, but the Pirates intervened. Dropping Schunk and Gilbreath gets them down to 37 players. There could certainly be a few more cuts once they finalize a GM hire. Colorado has top priority on the waiver wire, which they should leverage to churn the back half of the roster next week.

Schunk and Gilbreath will each look for the second teams of their careers. Colorado drafted Schunk in the second round in 2019. The Georgia product has had brief MLB stints over the past two seasons. He has fanned 41 times in 131 trips to the plate, batting .222/.246/.302 over 55 games. The righty hitter owns a .291/.348/.468 line over parts of three seasons at Triple-A Albuquerque.

While that’s a solid line on the surface, it’s below average after accounting for the extremely hitter-friendly environment. The 28-year-old Schunk is a good defensive third baseman with a plus arm but hasn’t found much consistency at the plate. He was a two-way player with a mid-90s fastball at Georgia but hasn’t pitched in pro ball. Speculatively speaking, it’s possible another team would be intrigued to see if he’s willing to try his hand on the mound again.

Gilbreath, 30 in March, was a seventh-round selection back in 2017. He had a couple productive seasons as a middle reliever/setup man between 2021-22. He underwent Tommy John surgery in Spring Training ’23 and has barely been a factor since returning from the operation. Gilbreath made three MLB appearances late last year. He only pitched once in the big leagues this past season, striking out two while allowing an Alexander Canario home run in a mop-up inning in Pittsburgh on August 22.

Colorado optioned Gilbreath back to Albuquerque at the end of that game. He gave up a 7.59 earned run average with poor strikeout and walk numbers over 42 2/3 innings in the minors. Before the surgery, Gilbreath had a 93-94 MPH fastball and an 81-82 MPH slider that served as an excellent secondary pitch. The fastball dropped to 92 in 2024 and backed way up this year, as he was in the 89-90 MPH range. The breaking ball has also lost nearly three ticks relative to the pre-injury level.

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Colorado Rockies Transactions Aaron Schunk Lucas Gilbreath

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Pirates Claim Dugan Darnell

By Darragh McDonald | October 31, 2025 at 4:35pm CDT

The Pirates announced that they have claimed right-hander Dugan Darnell off waivers from the Rockies. He was immediately transferred to the 60-day injured list, so the Bucs didn’t need to open up a 40-man roster spot. In late August, it was reported that Darnell would be undergoing surgery to address a torn labrum in his hip, a procedure with a recovery timeline of about eight months.

There was no previous indication that the Rockies had removed Darnell from their roster. It’s common at this time of year for teams to place players on waivers, as many clubs are facing roster crunches. The 60-day IL goes away five days after the World Series, so players need to retake 40-man roster spots. Some breathing room is created by others reaching free agency but teams often need to clear space. Even if a team doesn’t need space now, having it is valuable throughout the winter for other moves, including protecting guys from the Rule 5 draft.

RosterResource projected the Rockies to have 41 guys for 40 roster spots at the beginning of the offseason, including Darnell. It seems Colorado tried to open a spot by passing Darnell through waivers but the Pirates intervened. The Pirates will face a crunch of their own, as RosterResource projects them to have 42 guys for 40 spots, not including Darnell. The Bucs will therefore have to do some clearing in the coming days.

For now, they are bringing a fresh relief arm into the system. Darnell, 28, was signed by the Rockies as an undrafted free agent in 2021. He got a very limited big league debut this year. He was called up August 1 but then left hip inflammation put him on the IL three weeks later. In that debut, he tossed 11 2/3 innings over nine appearances. He allowed five earned runs on ten hits and seven walks while striking out five.

That’s a small sample of work, so presumably the Bucs are also putting some stock in his minor league track record. He has thrown 255 1/3 innings on the farm with a 3.74 earned run average, 30.6% strikeout rate and 9.9% walk rate. That includes 53 2/3 Triple-A innings in 2025, pitching in the hitter-friendly Pacific Coast League, with a 3.19 ERA, 28.8% strikeout rate, 8.7% walk rate and 43.5% ground ball rate.

Given Darnell’s surgery timeline, he likely won’t be available until the middle of next year. Perhaps the Bucs will keep him on the 40-man through the winter and then put him on the 60-day IL again once it returns in spring training. It’s also possible the Bucs try to pass him through waivers unclaimed during the offseason, therefore keeping him as non-roster depth.

Photo courtesy of Isaiah J. Downing, Imagn Images

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Colorado Rockies Pittsburgh Pirates Transactions Dugan Darnell

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Jorge Alfaro Clears Waivers, Elects Free Agency

By AJ Eustace | October 31, 2025 at 12:15pm CDT

The Nationals announced today that catcher Jorge Alfaro has cleared outright waivers and elected free agency. Alfaro had the option to reject an outright assignment as a player with more than five years of service time. He has now done just that and is free to sign with any club.

The 32-year-old joined the Nationals in early September after opting out of a minor league contract with the Brewers. He had spent the entire year to that point at the Triple-A level, and his time with Washington represented his first big-league action since 2023. In 39 plate appearances across 14 games, Alfaro only batted .256/.256/.308 with a 54 wRC+. He struck out an alarming 35.9% of the time and did not draw a single walk. That came in a small sample size, of course, but they are consistent with Alfaro’s career metrics. Across nine seasons in the majors, he has struck out 34% of the time and posted a walk rate of 4.1% with an 86 wRC+. While catching is generally a weaker offensive position, Alfaro’s output still grades out as below average.

Alfaro’s defense also left a lot to be desired. Although he had an above-average pop time, Statcast rated his framing, throwing, and blocking negatively in 2025 (albeit in just 91 2/3 innings behind the plate). Alfaro has never been much of a blocker, but he did grade out positively for his framing and throwing as recently as 2021 with the Marlins. Defensive metrics are tricky, particularly in small samples, but it looks as though his current output both offensively and defensively limits Alfaro’s ceiling to that of a backup. His numbers at Triple-A this year, including an 88 wRC+ in 326 PA, are not much better.

Alfaro now joins a relatively thin group of free agent catchers, headlined by J.T. Realmuto, Victor Caratini, and Danny Jansen (whose mutual option will be declined). Realmuto will be 35 at the start of the 2026 season and is showing signs of decline, posting a 94 wRC+ and -2 Defensive Runs Saved for the Phillies this year. Caratini was an average hitter for the Astros in 2025 but was valued at -5 DRS despite only catching 49 games. Jansen, who also posted roughly average offense, was a 98th-percentile blocker this year, but well below-average as a framer (ninth percentile). It’s a thin group, and teams are always in need of catching help, so Alfaro figures to latch on somewhere as a depth option — likely on a minor league deal.

Photo by John Jones, Imagn Images

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Transactions Washington Nationals Jorge Alfaro

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Tigers Agree To New Minor League Deal With Tomas Nido

By Charlie Wright | October 30, 2025 at 4:00pm CDT

4:00pm: Nido will make $1.5MM if he makes the major league roster, per Evan Petzold of the Detroit Free Press.

1:56pm: Tomas Nido is heading back to Detroit on a minor league deal, according to the MiLB transactions log. Nido was outrighted to Triple-A Toledo in May. He elected free agency in mid-October, but will stick with the Detroit organization. Nido is represented by ACES.

Nido first joined the Tigers on a minor league deal in September 2024 after getting released by the Cubs. He elected minor league free agency at the end of the 2024 season, but reupped with Detroit in January 2025. This offseason played out similarly for the two sides.

Jake Rogers went down with an oblique injury in April, leading to an early call-up for Nido. He hit .343 in 11 games with the big-league club. All 12 of Nido’s hits were singles. He also struck out at a 27% clip. Rogers returned in May, bumping Nido back to Toledo.

The 31-year-old Nido has spent parts of the past nine seasons with four MLB teams. The majority of his professional career has been spent in the Mets organization. He was drafted by New York in 2012.

Nido handled backup catcher duties for the Mets in varying stints from 2017 to 2024. His most active year was 2022, when he appeared in 98 games and reached 313 plate appearances. Nido scuffled to a .600 OPS that season. His tenure with the Mets ended in June of 2024. The Cubs quickly scooped up Nido after his release from the Mets. He made 17 appearances with Chicago before they moved on from him.

Defense has always been Nido’s calling card. Statcast’s Fielding Run Value grades him as a positive contributor in each season going back to 2018. Nido exceeded double-figures in fielding run value in both 2021 and 2022.

Dillon Dingler emerged as a strong option behind the plate for Detroit this past season, slashing .278/.327/.425 as the primary starter. Rogers remains in the fold as a reliable backup. Nido would likely need an injury to one of those two options in order to return to the MLB squad. Detroit also has catching prospects Josue Briceno and Thayron Liranzo looming in the minors. MLB.com ranks both Briceno and Liranzo as top 5 prospects in the organization.

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Detroit Tigers Transactions Tomas Nido

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Nationals Outright Four Players

By Darragh McDonald | October 29, 2025 at 5:50pm CDT

The Nationals announced that four players have cleared waivers and been sent outright to Triple-A Rochester. They are right-handers Eduardo Salazar and Mason Thompson, left-hander Shinnosuke Ogasawara and catcher CJ Stubbs. Salazar and Thompson have already elected free agency.

These types of moves are common at this time of year. The 60-day injured list goes away five days after the World Series, meaning players on the shelf need to be added back to the 40-man roster. Most teams have a few impending free agents, which can open a few spots, but there is often a squeeze. Prior to these moves, RosterResource projected the Nats to have 42 players for their 40 spots, so opening some breathing room was inevitable.

Thompson, 28 in February, is the most experienced of the bunch. He made his debut with the Padres back in 2021 and was traded to the Nationals at that year’s deadline as part of the Daniel Hudson deal. He has largely been an up-and-down reliever for the Nats since then, though he missed the 2024 season recovering from Tommy John surgery. Overall, he has thrown 114 big league innings, allowing 5.21 earned runs per nine. His 50.6% ground ball rate is good but his 17.8% strikeout rate and 11.1% walk rate are both subpar.

The righty exhausted his final option season in 2025, meaning he would have been out of options in 2026. Given his uninspiring numbers, he would have had a hard time hanging onto a roster spot going forward. Since he has at least three years of big league service time, he had the right to elect free agency.

Salazar, 28 in May, came to the Nats via a waiver claim last summer. Between the Reds, Dodgers and Nationals, he has thrown 70 2/3 innings with a 5.99 ERA. Similar to Thompson, his 52.8% ground ball rate is strong but his 16% strikeout rate and 10.2% walk rate are subpar figures. Also like Thompson, he just exhausted his final option season and will be out of options going forward. He was outrighted by the Reds in 2023, which gave him the right to reject this outright assignment.

Ogasawara, now 28, just wrapped up his first season in North America. After years of pitching in Japan, he was posted for MLB clubs last winter. The Nats gave him a two-year, $3.5MM deal, plus a $700K posting fee to the Chunichi Dragons of Japan’s Nippon Professional Baseball.

They didn’t get much from that $4.2MM investment. The lefty spent a decent chunk of the 2025 season in the minors. When in the majors, he posted a 6.98 ERA over 38 2/3 innings. His 17.3% strikeout rate, 9.8% walk rate and 36.4% ground ball rate were all subpar.

Players normally require three years of service time or a previous career outright to have the right to reject an outright assignment and elect free agency. A player coming over from Asia will sometimes have special language in their contract allowing them to circumvent standard MLB rules. Unless Ogasawara’s deal has such language, he’ll stick with the Nats as non-roster depth.

Stubbs, 29 in November, was added to the roster late in the year in emergency fashion. At the time, Keibert Ruiz and Drew Millas were both injured, leaving the Nats with Riley Adams as their only healthy catcher. Stubbs got into one game, going hitless in three at-bats. Shortly thereafter, the Nats signed Jorge Alfaro and bumped Stubbs back to the minors.

Going into the winter, Stubbs was the least experienced of five catchers on the 40-man roster. He also has a 35% strikeout rate in his minor league career. The Nats bumped him off the roster and no club put in a claim. Since he has spent most of the past seven years in the minors, he should qualify for minor league free agency five days after the conclusion of the World Series.

Photo courtesy of Daniel Kucin Jr., Imagn Images

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Transactions Washington Nationals CJ Stubbs Eduardo Salazar Mason Thompson Shinnosuke Ogasawara

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Red Sox Sign Jason Delay To Minor League Contract

By Mark Polishuk | October 26, 2025 at 10:24pm CDT

The Red Sox have signed catcher Jason Delay to a minor league deal, according to Just Baseball Media’s Aram Leighton.  Presumably the contract contains an invitation for Delay to attend Boston’s big league Spring Training camp.

Delay was a fourth-round pick for the Pirates in the 2017 draft, and he had spent his entire pro career in Pittsburgh’s organization before he was traded to the Braves back in April.  Atlanta wanted a bit of extra catching depth while Sean Murphy was on the injured list, but Delay ended up not getting any action at the big league level.  Delay instead hit .200/.261/.257 over 251 plate appearances at the Double-A and (mostly) Triple-A levels before he was outrighted off the 40-man roster at the end of July.

Though Delay could’ve opted for free agency since he had a past outright on his record, he chose to stick it out with Triple-A Gwinnett for the rest of the season and then elected to become a free agent in early October.  It didn’t take long for Delay to line up his next team, as he’ll now become the third catcher in Boston’s organization with any MLB experience.

The first two of those backstops are Carlos Narvaez and Connor Wong, who project as the starting and backup catcher in 2026.  That said, Wong is coming off a rough 2025 season and he underwent hand surgery a couple of weeks ago, plus Narvaez also had a minor knee surgery.  Both backstops are expected to be ready for Spring Training, yet Delay’s addition gives the Red Sox some guard against any rehab setbacks, or the possibility that the Sox could move on Wong entirely.

Delay received a good chunk of playing time with the Pirates in 2022-23 before Joey Bart, Yasmani Grandal, and Henry Davis pushed Delay down the depth chart in 2024.  Over 373 career PA in the majors, Delay has hit .231/.295/.315 with two home runs.

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Boston Red Sox Transactions Jason Delay

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