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Latest On Mariners’ Bullpen Targets

Mariners general manager Justin Hollander publicly admitted a few weeks back that the club would be looking for bullpen upgrades. Adam Jude of The Seattle Times reports that Seattle plans to add two relievers and hopes to have one locked down by the end of the Winter Meetings next week. Adding a lefty is a priority and Jude lists five names they are considering, with four of them being southpaws. They are Matt Strahm of the Phillies, JoJo Romero of the Cardinals, Jose A. Ferrer of the Nationals, as well as free agents Tyler Rogers and Hoby Milner. Rogers is the lone right-hander in that group. Jude also mentions that the Mariners had interest in right-hander Phil Maton before he signed with the Cubs.

Seattle had a decent bullpen group in 2025. Their relievers had a collective 3.72 earned run average, which was ninth in the majors. Andrés Muñoz is one of the better closers in the game. But just about any club can add an extra leverage arm or two and bump other guys down a peg. That’s particularly true for the Mariners from the left side, as Gabe Speier is their only established southpaw reliever at the moment. Robinson Ortiz is the other lefty reliever on the 40-man but he hasn’t yet made his major league debut.

It’s unlikely that the club will spend a lot on the relief group. President of baseball operations Jerry Dipoto suggested that the M’s will likely begin 2026 with a similar payroll to where they were at the end of 2025. RosterResource estimates that they are currently about $15MM shy of that target. They already re-signed Josh Naylor but could look to further bolster the infield by re-signing Jorge Polanco or Eugenio Suárez. Jude unsurprisingly suggests the M’s aren’t likely to go after a big name reliever like Edwin Díaz or Robert Suarez.

Strahm, 34, is the most established of the bunch. He now has ten big league seasons under his belt. Though he has pushed into his mid-30s, he has remained effective. He just tossed 62 1/3 innings for the Phils this year, allowing 2.74 earned runs per nine. His 7.8% walk rate was a bit better than average and his 27.3% strikeout rate was quite strong. He triggered a vesting option in his contract and will make $7.5MM next year.

All that makes him attractive for the Mariners but also valuable for the Phillies. It’s possible the Phils may be willing to move a lefty due to a relative surplus. They have reportedly received some trade interest since they have Strahm, José Alvarado and Tanner Banks. The Phils have a lot they want to accomplish this winter, including re-signing Kyle Schwarber and J.T. Realmuto while also remaking their outfield and perhaps bolstering the rotation. They have some money to spend but perhaps trading one of their lefties could leave them less reliant on spending their cash.

Romero, 29, is a much more straightforward trade candidate. The Cardinals are rebuilding and he is just one year away from free agency. MLBTR contributor Matt Swartz projects him for a salary of $4.4MM next year. Over the past three years, he has tossed 156 2/3 innings for the Cards with a 2.93 ERA, 22.9% strikeout rate, 8.5% walk rate and 53.3% ground ball rate.

Ferrer, 26 in March, is also on a rebuilding club. However, he’s under club control for four more years and hasn’t yet qualified for arbitration, so the Nats don’t really need to trade him anytime soon. They are surely hoping to return to contention within his window of control but they may be open to a trade anyway, given that a pitcher can get hurt at any time and reliever performance tends to be volatile.

In Ferrer’s career, he has an unimpressive 4.36 ERA but that might mask his true skills. He is a ground ball guy and the Nats have been one of the worst defensive clubs in recent years, so perhaps a change of scenery would help him unlock a new gear in terms of run prevention. In 76 1/3 innings for the Nats this year, his 21.9% strikeout rate was just shy of league average. His 4.9% walk rate and 62.6% ground ball rate were both excellent. His 4.48 ERA doesn’t look great but his 3.03 FIP and 2.85 SIERA provide more optimism about him thriving in a different environment.

Milner, 35 in January, has a somewhat similar grounder-heavy profile to Ferrer. He has logged at least 64 innings in four straight seasons now. Over that 2022-25 span, he has thrown 264 frames with a 3.55 ERA, 22.6% strikeout rate, 5.8% walk rate and 51.1% ground ball rate. Despite the solid track record, he was only able to secure a one-year, $2.5MM deal from Texas last winter. Perhaps he’ll have some extra earning power after finishing another solid season but he’s also a year older.

Rogers, 35 this month, is one of the most unique pitchers in the game. Not to be confused with his lefty brother Taylor, Tyler is the submarining righty. He doesn’t rack up strikeouts but he is one of the best in the game when it comes to staying healthy, avoiding walks and inducing grounders as well as soft contact. He has logged at least 70 innings in five straight campaigns. Dating back to the start of 2021, he has 378 1/3 innings with a 2.71 ERA, 17% strikeout rate, 4.4% walk rate, 56.3% ground ball rate and consistently strong numbers in terms of exit velocity allowed. He is a free agent for the first time and should be in high demand but some teams may be scared off by his age and lack of velocity, as he can barely even get into the 80s with his fastballs.

Photo courtesy of Jayne Kamin, Oncea-Imagn Images

Source: https://www.mlbtraderumors.com/2025/12/latest-on-mariners-bullpen-targets.html
 
Cubs Have Interest In Eugenio Suarez

The Cubs have interest in Eugenio Suarez as they explore the third base market, according to a report from Francys Romero of Beisbol FR.

While Chicago doesn’t appear to be getting involved in the sweepstakes for outgoing superstar Kyle Tucker, that doesn’t mean they won’t be active in other areas of free agency this winter. The Cubs haven’t been shy about their focus being on adding a starter to the front half of their rotation, and they’ve been connected to players like Michael King, Tatsuya Imai, Zac Gallen, and Ranger Suarez amid those efforts. They also remain in the market for bullpen help even after signing Phil Maton and missing out on Ryan Helsley when the latter signed in Baltimore last month.

While the focus on Chicago’s offseason seems to primarily be on pitching, bolstering a lineup that appears poised to lose Tucker makes plenty of sense. The Cubs have been connected to Alex Bregman with relative frequency in recent days after being one of the final teams in on his market last winter. After a solid but unspectacular (93 wRC+, 1.5 fWAR) season from Matt Shaw at the hot corner last year and with second baseman Nico Hoerner ticketed for free agency after the 2026 season, it’s easy to see why the Cubs might want to bolster their infield mix this winter.

As for Suarez himself, he’d surely be a more affordable option than Bregman. The 34-year-old is coming off one of the best seasons of his career as he slugged 49 home runs and posted a 125 wRC+, but his market has been relatively quiet to this point in the winter. The Mariners are open to reuniting with Suarez, but are seemingly prioritizing a potential reunion with Jorge Polanco at this point. Teams like the Yankees, Red Sox, Brewers, and Astros were connected to Suarez on the trade market over the summer, but there have been no connections drawn between Suarez and any of those teams this offseason. That’s not necessarily a surprise, of course; trading for a few months of a player just before they hit free agency is a very different decision than signing them to what could be a multi-year commitment.

Even so, the fit between the Cubs and Suarez is a fairly apparent one. He would help boost the Cubs’ offense and provide cover for Shaw at third base, just as Bregman would, though he likely wouldn’t command nearly as much of a commitment in terms of years or dollars. MLBTR predicted Suarez would land a deal worth three years and $63MM in free agency this winter as part of our Top 50 MLB Free Agents list, where Suarez ranked 20th. By contrast, MLBTR’s prediction for Bregman (ranked 5th in this year’s class) landed at six years and $160MM. That difference can be attributed to the fact that Bregman is two years younger than Suarez and has been much more consistent throughout his career, in addition to being a significantly better defender at third base.

Even with Suarez’s flaws, that discrepancy in price tag could make him an appealing alternative to Bregman for a few reasons. The Cubs have treated the first luxury tax threshold as something of a soft cap in recent years, and according to RosterResource the club has just under $197MM in commitments for luxury tax purposes in 2026. The difference in AAV on MLBTR’s contract predictions for Suarez and Bregman sits at just under $6MM. That’s a relatively small amount compared to the roughly $46MM between the Cubs’ current spending level and the first threshold of the luxury tax, but that wiggle room could be meaningful if the team also looks to add a rotation arm in free agency.

Additionally, Chicago has seemingly been hesitant to add significant money to the books long-term outside of Dansby Swanson’s contract with the club. Maton (signed through 2027) became just the second player on the roster signed to a guaranteed deal beyond the 2026 season. While it stands to reason that more are likely to come throughout this winter, it’s fair to think the Cubs might value the long-term flexibility signing someone like Suarez would provide given how they’ve constructed the rest of their roster. For example, if the Cubs were interested in either extending Hoerner or re-signing him next offseason, committing to a multi-year deal for their second baseman might seem more palatable with a short-term deal for Suarez on the books rather than a long-term deal for Bregman.

It should be noted that while the Cubs have only been directly connected to Suarez and Bregman so far, they’re far from the only two third basemen who figure to be available this winter. NPB star Kazuma Okamoto is set to come over from Japan this winter and has spent most of his career at the hot corner. The aforementioned Polanco also has some limited experience at the hot corner. KBO infielder Sung-Mun Song, veteran Yoan Moncada, utility man Willi Castro and former Gold Glover Ramon Urias are among the lower-tier third base capable players on the market this winter.

Source: https://www.mlbtraderumors.com/2025/12/cubs-have-interest-in-eugenio-suarez.html
 
Latest On Alex Bregman’s Market

While the relief market has moved quickly, there hasn’t been a ton of activity on the position player front. Kyle Schwarber’s return to Philadelphia on a five-year contract might open things up. Teams like the Orioles, Red Sox and Pirates were in on Schwarber amidst their pursuit of various free agent hitters.

Alex Bregman is unlikely to be a fit for Baltimore or Pittsburgh, but he’s certainly on the radar for Boston. Pete Abraham of The Boston Globe wrote this evening that the Red Sox are making Bregman a priority. The Sox enjoyed an excellent season from the three-time All-Star, who hit .273/.360/.462 with 18 homers across 495 trips to the plate. He’s also highly regarded as a clubhouse leader and could slot back in at third base, allowing the Sox to use Marcelo Mayer at second base.

[Related: The Best Fits For Alex Bregman]

Boston has been loosely linked to a number of marquee middle infielders as well. They’ve checked in on Ketel Marte and Brendan Donovan. A report tonight from Tim Healey of The Boston Globe suggested they’ve at least gauged the Rangers’ interest in moving Corey Seager, though WEEI’s Rob Bradford suggested those conversations haven’t gone anywhere. The Sox have had conversations with top free agent infielder Bo Bichette, but Julian McWilliams of CBS Sports downplayed that fit tonight as well. That all aligns with the idea that the Sox are more focused on Bregman or a pure power bat at first base (e.g. Pete Alonso).

In addition to Boston, Bregman has been tied to the Tigers and Cubs this winter. Evan Petzold of The Detroit Free-Press wrote on Monday afternoon that Detroit’s interest had been fairly muted to this point compared to last offseason, when they are believed to have put forth the highest offer. The Tigers made a six-year proposal narrowly above $170MM a year ago. Bregman opted for a three-year deal with the Sox that allowed him to opt out and return to the market this winter.

Chicago reportedly made a four-year proposal in the $115MM range last offseason. They’re back in the market and met with Bregman via Zoom a few weeks ago, according to Robert Murray of FanSided. However, the Cubs’ interest is complicated by the presence of second-year third baseman Matt Shaw. After a slow start to his career, Shaw had a nice second half that tapped into some of the ability that made him a top prospect. The Cubs have Nico Hoerner and Dansby Swanson up the middle, so adding Bregman would make for a cluttered infield.

President of baseball operations Jed Hoyer spoke generally about reports that have tied the Cubs to external third basemen. “I’ve been surprised by the number of media reports that link us to different guys. There is zero lack of confidence in Matt. I would say the opposite,” Hoyer said on Monday (link via Jesse Rogers of ESPN). He didn’t refute interest in Bregman specifically, nor are executives allowed to do so under the CBA for any free agent. The Cubs aren’t closing the door on adding a high-end bat to replace Kyle Tucker, but they appear more focused on pitching.

Theoretically, the Cubs could sign Bregman and use Shaw as a trade chip for a mid-rotation starter. That doesn’t seem to be a strong consideration. “When a team calls a player ‘untouchable,’ it’s because his value is so high that it’s just unrealistic to think that anyone else would come over the top and give you something that’s even more than that value. That’s where Matt Shaw comes into play for us,” general manager Carter Hawkins told Patrick Mooney of The Athletic. “Is he untouchable? No. No one’s untouchable, but the odds of somebody coming in and giving us an offer that would make us want to move him is really, really low.”

If the Tigers and Cubs stay on the periphery of the market, that could open an opportunity for a dark horse suitor. The Angels and Mets are speculative possibilities. Meanwhile, Mitch Bannon of The Athletic wrote that the Blue Jays could keep an eye on Bregman as a fallback if they don’t come away with one of Tucker or Bichette. The Jays don’t need a third baseman, but both Addison Barger (corner outfield) and Ernie Clement (second base) could play other positions. Toronto’s general willingness to cast a wide net makes them a viable dark horse, though it’d be a surprise if they seriously jumped in on Bregman while Bichette and Tucker are still unsigned.

Source: https://www.mlbtraderumors.com/2025/12/latest-on-alex-bregmans-market-2.html
 
Braves, Cubs Among Teams Interested In Robert Suarez

Edwin Diaz came off the market on Tuesday when he signed a three-year deal with the Dodgers earlier today. Now that both he and Devin Williams are off the board, veteran right-hander Robert Suarez stands as the clear top option available on the market for closers this winter. It didn’t take long after Diaz’s deal was reported for MLB.com’s Mark Feinsand to report that Suarez’s market was starting to gain traction. Feinsand highlighted the Mets, Blue Jays, and Braves as the “most aggressive suitors” for the righty’s services. New York and Toronto have both been connected to Suarez already this winter, but Atlanta is a newly-reported suitor. Meanwhile, Francys Romero of BeisbolFR throws the Cubs’ name into the mix as well, reporting that Chicago is exploring the closer market and adding that Suarez is “one of the ideal candidates” for the club.

Suarez, 35 in March, has been an All-Star in back-to-back seasons. He’s sporting a 2.87 ERA and 3.17 FIP with 76 saves in 134 2/3 innings of work across those two campaigns. This year, he struck out 27.9% of his opponents with a 5.9% walk rate, giving him a 21.9% K-BB ratio that ranked 26th among qualified relievers this year. Those excellent numbers are enough to make him one of the league’s top relievers, although the right-hander’s age and imperfect track record (including a middling 2023 season where injury limited him to just 26 appearances) figure to limit the length of his contract somewhat. MLBTR predicted Suarez for a three-year, $48MM deal as the #21 free agent on our Top 50 MLB Free Agents list for the offseason.

That would be a hefty sum for a team like the Braves to pay for a closer when they already have longtime closer Raisel Iglesias in the fold, particularly when Atlanta is also in the market for help at shortstop and in the rotation. With that said, it certainly wouldn’t be the first time the club committed significant dollars to their bullpen. Iglesias, Joe Jimenez and Aaron Bummer are both on significant contracts already, and players like Pierce Johnson and Will Smith have been guaranteed significant dollars by Atlanta in the past.

The Cubs seem like a much clearer fit for Suarez, at least on paper. They’ve lost Brad Keller, Drew Pomeranz, Caleb Thielbar, and Andrew Kittredge from their bullpen this offseason. While they signed Phil Maton last month and Daniel Palencia remains a viable closing option, that’s still a lot of talent to lose from the late-inning relief mix. That makes it unsurprising that Chicago would be in the mix for a player like Suarez, although it’s worth noting that the Cubs have typically shied away from large multi-year commitments to relievers. Maton’s two-year deal is actually the first multi-year guarantee the team has signed a reliever to since Craig Kimbrel back in 2019, but a deal for Suarez would be on another level entirely; his annual salary would surely rival the $14.5MM total guarantee Maton landed.

The Mets and Blue Jays remain as perhaps the most obvious fits for the righty. While New York did bring Williams into the fold, they remained in on Diaz even after that signing. Now that Diaz has settled on Los Angeles, the Mets pivoting towards Suarez to strengthen the back of their bullpen is easy to understand, particularly after Williams delivered inconsistent results in the ninth inning as a member of the Yankees last year. The Jays, meanwhile, have long been known to be in the market for another high leverage reliever to pair with Jeff Hoffman in the late innings.

The number of quality closers on the market is dropping quickly, and if Toronto is hoping to add a high-end reliever with closing experience Suarez is undoubtedly the top option at this point. Keller and Tyler Rogers are alternative impact options still available who lack that ninth inning track record, while closers like Pete Fairbanks and Luke Weaver are still available but are coming off far less impressive seasons than the one Suarez just delivered in San Diego. The Marlins and White Sox are among the other teams known to be involved in the closing market this winter, though it would be a surprise to see either spend aggressively enough to land someone of Suarez’s caliber.

Source: https://www.mlbtraderumors.com/2025/12/braves-cubs-among-teams-interested-in-robert-suarez.html
 
Cubs Met With Pete Alonso At Winter Meetings

First baseman Pete Alonso is now an Oriole, as his five-year deal with Baltimore was officially announced today. He drove from his Tampa home to the Winter Meetings in Orlando to meet with clubs before locking that deal down. According to Jon Heyman of The New York Post, he also met with the Red Sox and Cubs. It was already known that he would be meeting with the Red Sox but the connection to the Cubs is new.

No details have emerged about the meeting but the Cubs presumably didn’t sit down with Pete just to talk about the weather, so it can be deduced that they had at least some interest in signing the Polar Bear.

The Cubs already have a first baseman in Michael Busch, who is quite good. He hit 21 homers for the Cubs last year and added 34 more in 2025. His walk rate declined a bit but he also noticeably reduced his strikeouts, from a somewhat-concerning 28.6% in 2024 to an almost-average 23.5% this year. He finished the 2025 season with a .261/.343/.523 line and 140 wRC+, with solid defense to boot.

However, he hits from the left side and is essentially a strong-side platoon guy. The Cubs only let him face a lefty 95 times this year and he produced a tepid .207/.274/.368 line and 81 wRC+ in those appearances. The Cubs signed 40-year-old Justin Turner to a one-year, $6MM deal last offseason and he started at first base against most lefties. He didn’t have a good season overall but did put up a .276/.330/.429 line against southpaws, good for a 112 wRC+.

Perhaps an Alonso signing would have been a blown-up version of the Turner deal. Alonso swings from the right side and could have played first base with a lefty on the mound. The Cubs also have a somewhat open designated hitter spot at the moment, at least on paper. Seiya Suzuki was the primary DH in 2025. With Kyle Tucker becoming a free agent, Suzuki projects as the right fielder, next to Pete Crow-Armstrong in center and Ian Happ in left. They have guys like Moisés Ballesteros and Owen Caissie in the mix for DH time right now but both are still fairly unproven at the big league level.

Alonso is not a great defender at first and it was reported last month that he’s more opening to serving as a DH going forward. The Cubs could have put him into the DH spot against righties with Busch at first. Against lefties, Alonso could have put on his glove, with the DH spot open for someone else. That could be someone like Ballesteros or Caissie but they are both lefty swingers and would have to show lesser platoon concerns than Busch. Kevin Alcántara is a righty and on the roster but he has concerning strikeout numbers in the minors. James Triantos is another righty on the roster but he hasn’t made his major league debut yet.

The Cubs lost a big bat from the middle of their lineup when Tucker hit free agency. Turner is also gone, which means they are down a right-handed platoon partner for Busch. Perhaps Alonso could have replaced Tucker’s lineup presence and also served as Busch’s platoon partner. Someone else could have filled the Turner role or they could have again looked for an affordable righty bat in free agency. That could have blocked guys like Ballesteros and Caissie but they could then have been used on the trade market to go after the big rotation upgrade.

It’s now a moot point as Alonso is off the board but it could be illustrative about the Cubs’ goals. It’s well-known that they are looking for a big front-of-rotation addition but a lineup addition is also possible. They have been connected to third baseman Alex Bregman and Eugenio Suárez this offseason, both of whom are right-handed. Kazuma Okamoto would be a somewhat similar pursuit. Munetaka Murakami is another big corner infield bat who is available but he’s a lefty. Old friend Cody Bellinger, another lefty, remains unsigned. He can play first, doesn’t have big platoon splits and can also play the outfield.

For a signing closer in scale to the Turner deal, some righty-swinging first basemen in free agency include Turner again as well as Rhys Hoskins, Ty France, Wilmer Flores, Paul Goldschmidt, Connor Joe and Donovan Solano, as well as switch-hitters Josh Bell, Abraham Toro and Carlos Santana.

On the righty-swinging first base trade market, the Orioles getting Alonso should make Ryan Mountcastle or Coby Mayo available. The Rays could be willing to listen on Yandy Díaz. The Rangers probably aren’t clinging to Jake Burger too tightly. The Mets could move Mark Vientos, depending on what the rest of their offseason moves are. The Astros would probably love to move Christian Walker but the Cubs surely don’t want his contract. Old friend Willson Contreras may be available but he has a hefty contract and a no-trade clause.

Photo courtesy of Jim Rassol, Imagn Images

Source: https://www.mlbtraderumors.com/2025/12/cubs-met-with-pete-alonso-at-winter-meetings.html
 
Cubs, Collin Snider Agree To Minor League Deal

Former Mariners and Royals reliever Collin Snider has agreed to a minor league deal with the Cubs, as Snider himself and the staff at Tread Athletics (where he works out in the offseason) indicated on Instagram. Presumably, he’ll be in big league camp next spring. Snider is represented by agent Jack Toffey.

The 30-year-old Snider has pitched in the majors in each of the past four seasons, spending the 2022-23 campaigns with Kansas City and 2024-25 with Seattle. In 122 2/3 major league innings, he carries a 4.48 earned run average with a 19.5% strikeout rate and an 8.8% walk rate.

Snider’s best year came with the ’24 Mariners, when he logged 41 2/3 innings with a 1.94 ERA, 27.8% strikeout rate and 7.7% walk rate. The lanky 6’4″ right-hander slipped to a 5.47 ERA in 26 1/3 big league frames this past season and lost nearly two miles per hour off his fastball — presumably in part due to a flexor strain that sent him to the injured list in early June.

Snider didn’t return to the majors after that IL placement. He struggled badly over a three-week rehab stint with Triple-A Tacoma, at which point the Mariners designated him for assignment and passed him through waivers. He spent the remainder of the season trying to get back on track in Tacoma but couldn’t recapture that 2024 form; in 25 2/3 Triple-A frames, Snider allowed 23 runs (8.06 ERA).

The Cubs traded Andrew Kittredge back to the Orioles following the season but have since signed veterans Phil Maton and Hoby Milner to support young closer Daniel Palencia. There’s still plenty of work to do in the ’pen, with Kittredge, Brad Keller, Drew Pomeranz and Caleb Thielbar all out the door. Chicago struck gold with their minor league addition of Keller last offseason, and while it’s not realistic to expect that level of success from subsequent minor league signees, that turnaround could make them more appealing to previously successful relievers in search of a rebound, like Snider. He’ll vie for a job next spring, but the Cubs’ bullpen scene should become more crowded in the weeks/months ahead.

Source: https://www.mlbtraderumors.com/2025/12/cubs-sign-collin-snider-reliever.html
 
Cubs To Sign Hoby Milner

The Cubs and left-hander Hoby Milner are reportedly in agreement on a one-year deal. The MVP Sports Group will make $3.75MM plus incentives. The Cubs have multiple 40-man vacancies and don’t need to make a corresponding move.

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Milner, 35 in January, is an unusual but effective southpaw. He doesn’t throw very hard, averaging in the high 80s with his fastball and sinker. But he nonetheless manages to get outs with an unorthodox sidewinding delivery, with his arsenal also featuring a slider and a changeup.

Over the past four seasons, Milner has thrown at least 64 innings in each campaign. Put together, he has logged 264 innings in that span, allowing 3.55 earned runs per nine. His 22.6% strikeout rate in that time was close to average while his 5.8% walk rate and 51.1% ground ball rate were both notably better than par. His Statcast data in that span has also been better than league average, with Milner having an 87 mile per hour exit velocity, 5.4% barrel rate and 35.5% hard hit rate. He earned one save and 49 holds over that four-year stretch.

That span did feature a fluky ERA spike, as Milner posted a 4.73 ERA with the Brewers in 2024. The Brewers could have retained him for 2025 via arbitration, with MLBTR contributor Matt Swartz projecting him for a $2.7MM salary, but they non-tendered him instead. The Rangers scooped him up with a deal for $2.5MM plus incentives and benefitted from a bounceback, as Milner posted a 3.84 ERA in 2025.

The Cubs have now given him a slight raise in the hopes that he can keep things rolling in 2026. Cubs manager Craig Counsell is plenty familiar with Milner’s abilities, as he was the skipper in Milwaukee when Milner established himself as a viable big league reliever.

Chicago had a decent relief corps in 2025. Their relievers had a collective ERA of 3.78, putting them just outside the top ten of MLB clubs. But at season’s end, Brad Keller, Caleb Thielbar, Drew Pomeranz, Taylor Rogers, Michael Soroka, Aaron Civale and Ryan Brasier all became free agents. The Cubs flipped Andrew Kittredge to the Orioles in the early days of the offseason, getting cash considerations back in return.

The Cubs generally prefer to build their bullpens on the cheap. From 2020 until last month, they didn’t sign any free agent relievers to multi-year deals, part of the reason why they just lost so many arms to free agency. They broke that pattern recently by signing Phil Maton to a two-year deal, but Milner is another low-cost, short-term commitment to the relief group.

The southpaw contingent of the bullpen was particularly lacking before this move, with Thielbar, Pomeranz and Rogers all departing for the open market. That left Luke Little as the top option, despite having just 35 1/3 career innings with an 18.2% walk rate. Milner is now the most experienced lefty in the group, though the Cubs could make further additions before the offseason is through.

This move brings the Cubs to a $184MM payroll and $199MM competitive balance tax figure, according to RosterResource. It’s unclear where the Cubs want the payroll to end up. The base threshold of the CBT is $244MM next year, meaning the Cubs are $45MM away. They went narrowly over the tax line in 2024 but ducked back below in 2025. They are still on the hunt for a big rotation upgrade. They’ve been connected to free agent Alex Bregman. They will presumably be looking for more relievers. How it all plays out will depend on how much dry powder the Cubs have.

Michael Cerami of Bleacher Nation was first on the deal. Brittany Ghiroli of The Athletic noted it would be for one year. Mark Feinsand of MLB.com had the guarantee. Photo courtesy of Jerome Miron, Benny Sieu, Imagn Images

Source: https://www.mlbtraderumors.com/2025/12/cubs-to-sign-hoby-milner.html
 
Nico Hoerner Drawing Trade Interest

Cubs second baseman Nico Hoerner has come up in trade conversations, according to a report from Patrick Mooney and Sahadev Sharma of The Athletic. The report emphasizes that while president of baseball operations Jed Hoyer gauges the market value of virtually every player on the roster during the offseason, that shouldn’t be taken as an indication the Cubs intend to move Hoerner.

It’s easy to see why teams would be asking after the 28-year-old. Hoerner is coming off a career year where he won his second career Gold Glove for his defense at second base while slashing .297/.345/.394 (109 wRC+) with 40 extra-base hits and 29 steals in 156 games. He struck out at a career-best 7.6% clip while walking 6.0% of the time. Only Luis Arraez (3.1%) and Jacob Wilson (7.5%) struck out less often among qualified hitters, and that trio was joined by Steven Kwan and Caleb Durbin to make up the full list of batters to strike out less than 10% of the time in 2025.

That contact-oriented offense combined with arguably the best defense in the sport at second base, creates a consistent four-to-five win package according to Fangraphs. Over the past four seasons, Hoerner has posted a 105 wRC+. His 123 stolen bases are the fifth-highest total in the majors over that time, and his 17.5 fWAR ranks 18th, tied with Alex Bregman. That’s the sort of player that virtually any team with a hole at second base would like to add, and Hoerner’s $12MM salary for the 2026 campaign is entirely affordable as well for even smaller market clubs. While Hoerner has played second base in deference to Dansby Swanson during the latter’s years in Chicago, he served as the club’s everyday shortstop in 2022 with elite fielding metrics and could surely provide plus defense at the position again if needed.

Speculatively speaking, teams like the Braves, Yankees, and Red Sox would all surely love to bring Hoerner into the fold ahead of his final season before free agency, but it would be surprising to see the Cubs actually deal their star infielder. Hoerner was a key piece of the team that took the Cubs back to the playoffs for the first time in half a decade last year, and the club could be better off simply holding onto him with the hope of either working out an extension before free agency or making him a qualifying offer next winter. After all, the Cubs have no clear internal option to replace Hoerner at the keystone. Jefferson Rojas is the club’s top infield prospect, but the 20-year-old struggled badly in 39 games at Double-A last year and isn’t likely to be ready for the majors in 2026.

Perhaps dealing Hoerner could become a more serious consideration if the club’s rumored interest adding help at third base were to come to fruition. The Cubs have been connected to both Alex Bregman and Eugenio Suarez this winter, and signing one of them would displace Matt Shaw at third base. Shaw, of course, was worth just 1.5 fWAR with a 93 wRC+ last year. That’s hardly a player who needs to be in the lineup on an everyday basis, but Hoyer offered Shaw a vote of confidence earlier this week that would suggest he remains a key part of the club’s plans for 2026. If the Cubs were to add Bregman or Suarez at the hot corner, trading Hoerner and installing Shaw at second base might be the easiest way to keep Shaw in the lineup on a regular basis.

With that being said, Shaw could also simply back up the rest of the infield while splitting time at DH with Moises Ballesteros and Owen Caissie, serving as a right-handed complement to those big lefty bats. Even if an addition at third base happens, it certainly wouldn’t indicate that the Cubs would need to trade Hoerner. On the other hand, doing so could provide an alternative pathway to bringing in rotation help this winter if Chicago finds itself unable to lure in one of the top starters available in free agency. The Cubs have made no secret of their desire to bolster the club’s rotation this winter, and reuniting with Shota Imanaga after he accepted a qualifying offer won’t be enough.

Source: https://www.mlbtraderumors.com/2025/12/nico-hoerner-drawing-trade-interest.html
 
Cubs Elevate Tyler Zombro To VP Role

After rebuffing an interview attempt from the Nationals, the Cubs have promoted Tyler Zombro to vice president of pitching, reports Sahadev Sharma of The Athletic. After just one year in the front office, Zombro will now take on an expanded role in scouting, coaching, and player development.

Zombro joined the organization last season as a special assistant to president of baseball operations Jed Hoyer. He’d previously worked with Tread Athletics, a well-regarded training facility. Washington was chasing Zombro to be the club’s major league pitching coach, per Sharma. Instead of granting him permission to interview with the Nats, he was handed an expanded gig in Chicago.

Zombro spent six seasons as a minor league reliever, almost exclusively with Tampa Bay. His career was nearly cut short by a terrifying injury in 2021, when the righty was hit in the head by a line drive. The 104 mph batted ball fractured his skull and caused him to have a seizure on the mound. Zombro underwent brain surgery in July 2021. Incredibly, he briefly returned in 2022, but needed thoracic outlet syndrome surgery after two appearances. He latched on with the Rangers in 2023, pitching in a pair of games at Triple-A.

The Zombro promotion was underway even before the Cubs lost director of pitching Ryan Otero to the Red Sox, notes Sharma. Otero had spent nearly eight years in Chicago’s player development department. Boston hired him as a special assistant to chief baseball officer Craig Breslow, whom he had worked with in Chicago.

The Cubs finished ninth in ERA last season. The bullpen was particularly strong, ranking fifth in xFIP and sixth in SIERA. Journeyman starter Brad Keller was a crucial part of the late-inning mix, putting together a dominant campaign in his first foray as a reliever. Chicago scooped up Keller as a minor league free agent in January. Zombro was credited for the move, per Sharma. Keller posted a sterling 2.07 ERA with more than a strikeout per inning across 68 appearances. The righty has drawn widespread interest as a free agent, with some teams reportedly considering him as a starter.

Photo courtesy of Nathan Ray Seebeck, Imagn Images

Source: https://www.mlbtraderumors.com/2025/12/cubs-elevate-tyler-zombro-to-vp-role.html
 
Cubs To Re-Sign Caleb Thielbar

The Cubs are re-signing veteran left-handed reliever Caleb Thielbar, per Jesse Rogers and Jeff Passan of ESPN. The agreement between the two parties is still pending the completion of a physical. Thielbar is represented by ISE Baseball.

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Thielbar, 39 in January, spent his entire big league career prior to the 2025 season with his hometown Twins. He signed a one-year, $2.75MM contract coming off a down showing in his final year with Minnesota and bounced back in a major way with Chicago.

In 58 innings this past season, the South Dakota State product notched a sharp 2.64 earned run average and 25 holds — the latter tying him with Brad Keller (also a free agent this winter) for the team lead. Thielbar struck out 25.5% of his opponents, limited walks at an excellent 5.9% clip, and kept 40.7% of the batted balls against him on the ground (a career-high mark). He tacked on another 3 2/3 scoreless frames in the postseason.

While he doesn’t throw particularly hard (92.8 mph average fastball in ’25), Thielbar still managed to post a roughly average swinging-strike rate and an above-average strikeout rate thanks to dominant performances from his curveball and slider alike. Opponents hit just .135 and slugged .231 against the former while batting .169 and slugging .254 versus the latter. Thielbar dominated left-handed hitters (.161/.211/.276) and right-handed hitters (.205/.248/.342) alike during his lone season with the Cubs.

Thielbar is the third free-agent addition to the Cubs’ bullpen this winter, joining fellow southpaw Hoby Milner (one year, $3.75MM) and right-hander Phil Maton (two years, $14.5MM). Thielbar and Milner give manager Craig Counsell a pair of experienced southpaws, both of whom he’s previously managed, and create the potential for a trio of southpaws, should Luke Little also make the club. Thielbar, Milner and Maton will combine to help bridge the gap between the rotation and young closer Daniel Palencia.

There’s still room for Chicago to make further additions to the bullpen, which has at least three spots earmarked for relatively untested arms. Each of their bullpen pickups thus far has also been relatively low-cost in nature, leaving room for a significant addition elsewhere on the roster. The Cubs have been at least loosely tied to top free agents like Ranger Suarez, Tatsuya Imai, Alex Bregman and Eugenio Suarez, among others.

Source: https://www.mlbtraderumors.com/2025/12/cubs-re-sign-caleb-thielbar.html
 
Cubs Sign Tyler Austin To Major League Deal

The Cubs announced the signing of first baseman Tyler Austin to a one-year contract. It’s reportedly a $1.25MM guarantee for the Ballengee Group client, who has spent the past six seasons playing in Japan. The Cubs had seven vacancies on the 40-man roster, so no corresponding move was necessary.

Austin, now 34, played in the big leagues from 2016 to 2019. He suited up for the Yankees, Twins, Giants and Brewers without being able to cement himself as a big league regular. He hit 33 home runs in 583 plate appearances over four seasons but also struck out at a 36.9% clip.

Milwaukee passed him through waivers in November of 2019. He elected free agency and signed with the Yokohama DeNA BayStars of Japan’s Nippon Professional Baseball. Since then, he has been mashing pretty consistently for that club, when healthy. He only played 65 games in 2020 but hit 20 home runs in his 269 plate appearances. In 2021, he got that up to 28 home runs over 107 games and 439 plate appearances.

Then came an injury spell, as he only played 60 games total over the 2022 and 2023 seasons due to various ailments. He underwent shoulder surgery in September of 2023, according to Sanspo Sports, but was back in form in 2024. He hit another 25 home runs last year in 445 plate appearances. He struck out 19.8% of the time while drawing walks at a 10.1% clip. His .316/.382/.601 line translated to a 197 wRC+, indicating he was 97% better than the average NPB hitter.

This year, he only got into 65 games. According to Yahoo Japan, he dealt with pain in his right knee. The BayStars decided not to bring him back for 2026. However, he did still hit well when on the field. He launched 11 home runs in just 246 plate appearances, with an 18.3% strikeout rate and 10.6% walk rate. His .269/.350/.484 line may look only decent at first blush but the NPB has had some issues with dead balls lately, so that line actually translated to a big 147 wRC+.

The Cubs are clearly intrigued by the big offensive numbers. It’s a bit of a risky pick-up, in the sense that Austin hasn’t played in the majors since 2019 and has had some health issues. But $1.25MM is barely above the league minimum, which will be $780K next year. The Cubs are also giving up a roster spot but they came into today with a 40-man count of 33, so it’s not as though they have a squeeze at the moment.

Chicago already has a first baseman in Michael Busch but he is a lefty swinger who needs a platoon partner. He’s coming off a huge 34-homer season with a .261/.343/.523 line and 140 wRC+. However, he slashed just .207/.274/.368 against southpaws for an 81 wRC+.

The Cubs also have some lefty bats in their designated hitter mix. Seiya Suzuki was the primary DH in 2025 but he might take over right field with the departure of Kyle Tucker. The Cubs would then have guys like Moisés Ballesteros and Owen Caissie, both lefties, battling for DH time.

Last year, the Cubs gave 40-year-old Justin Turner $6MM to be their righty-swinging first base/DH type. He did his job with the platoon advantage, hitting .276/.330/.429, but hit just .141/.232/.155 otherwise. That led to a combined .219/.288/.314 line and 71 wRC+ for the year.

Presumably, the Cubs are hoping that Austin can be a younger, cheaper and more successful version of their Turner signing. It may not work out but they are barely paying him over the league minimum, as mentioned, so it’s not much of a risk financially. If he can produce anything like his NPB stats, he’ll be a bargain.

Jeff Passan of ESPN first reported the Cubs were signing Austin to a big league deal. Jon Heyman of The New York Post had the $1.25MM salary. Photo courtesy of Michael McLoone, Imagn Images

Source: https://www.mlbtraderumors.com/2025/12/cubs-to-sign-tyler-austin-to-major-league-deal.html
 
Giants Have Shown Interest In Nico Hoerner

The Giants are known to be looking for upgrades at second base. Earlier this week, they were reported as one of the frontrunners for Brendan Donovan of the Cardinals and were also connected to Ketel Marte of the Diamondbacks. Susan Slusser of the San Francisco Chronicle reports that they have checked in on Nico Hoerner of the Cubs. She also lists Brandon Lowe of the Rays as one of their targets.

It’s an understandable target for the Giants. Most of their playing time at the keystone went to Tyler Fitzgerald, Casey Schmitt and Christian Koss in 2025. All three of those guys had underwhelming seasons at the plate. Schmitt was the closest the league average offensively but with the weakest defensive grades.

Free agency doesn’t offer huge upgrades over that group. Bo Bichette is out there and reportedly willing to play second, but the Giants have downplayed their desire to sign another long-term deal this winter. Ha-Seong Kim, Jorge Polanco and Gleyber Torres are all off the board. Utility types like Ramón Urías, Willi Castro and Isiah Kiner-Falefa don’t move the needle much over the in-house options.

On the trade market, Marte has been in plenty of rumors but it’s still unclear if the Diamondbacks will move him. Even if they decide to pull the trigger, it would be a surprise to see him sent to their division rivals in San Francisco. Donovan is widely expected to move since he is on a rebuilding club and two years from free agency, but the asking price should be huge. Since he can play all over the diamond, he can fit on many clubs and the demand is widespread. Though the Giants are apparently one of the finalists, half the teams in the league have shown in interest.

Hoerner and Lowe have very similar contractual situations. Both players are only signed through 2026 and would therefore be rentals. Lowe will make a $11.5MM salary next year and Hoerner $12MM.

But they have opposite profiles and their team situations are very different. Lowe is injury prone, doesn’t run well and isn’t a great defender. His strikeout and walk profile has been poor in each of the past two years. However, he’s a clear source of power. He has hit 21 home runs four separate times, including a 31-homer season in 2025. It’s common for the Rays to trade away players as they get more expensive and closer to free agency. Blake Snell, Tyler Glasnow and Tommy Pham are some of the many examples.

Hoerner, however, does not have huge power. He has never hit more than ten home runs in a season. However, he’s better than Lowe in basically every other aspect. He hasn’t been on the injured list in years. He’s one of the faster guys in the game and is generally good for 30ish steals a year. He’s one of the toughest guys in the game to strike out. He’s a good enough defender to play shortstop. The only reason he’s at second is because the Cubs have Dansby Swanson.

The Cubs shouldn’t be especially motivated to move him. He is affordable and has been good for about four to five wins above replacement per year, according to FanGraphs. He has reportedly drawn trade interest but the Cubs should be able to set a high asking price since he’s valuable to them as well. His salary isn’t onerous and the Cubs don’t appear to have any kind of payroll crunch.

It’s at least possible to imagine a scenario where the Cubs think about it. As mentioned, Hoerner is an impending free agent. The Cubs could extend him again but he also could get more interest elsewhere. Looking at next year’s free agent class, Hoerner could potentially market himself as the best available shortstop. His competition would be J.P. Crawford and Kim. Crawford is a decent player but his glovework has been poor in recent years and he’ll be going into his age-32 season in 2027. Kim could bounce back from an injury-marred 2025 but he has a similar profile to Hoerner and is a year older. Kim will be 31 in 2027. Hoerner will turn 30 in May of that year.

Perhaps Hoerner expects to get paid big shortstop bucks next winter and the Cubs don’t see a path to keeping him with Swanson signed through 2029. They have been connected to free agent third basemen Alex Bregman and Eugenio Suárez. In that scenario, perhaps Matt Shaw becomes available on the trade market or he could move to second with Hoerner traded. Shaw mostly played third in the majors this year but has second base experience. He got six big league innings at the keystone in 2025 and has close to 300 minor league innings there in his career.

Trading Hoerner and moving to Shaw to second would be a defensive downgrade. That’s not really a knock on Shaw, who graded out well at third this year, just a reflection of Hoerner being arguably the best defensive second baseman in the game today. But adding a big bat like Bregman or Suárez could make up for the Cubs losing Kyle Tucker to free agency. Whether that upgrades the club in 2026 would be debatable but it would certainly help in the long run if the Cubs don’t expect to retain Hoerner beyond 2026.

It’s unknown whether the Cubs have any interest in such a scenario. It also doesn’t seem like the Giants are primarily focused on second base. Slusser writes that pitching and the outfield are the club’s current priorities. Since Donovan can also play the outfield, the Giants probably have him above Hoerner on their target list. With the number of moving pieces in the second base trade market, perhaps someone needs to blink and knock over the first domino. If the Cardinals pull the trigger on Donovan, for instance, teams could then pivot to the other options.

Photo courtesy of Sergio Estrada, Imagn Images

Source: https://www.mlbtraderumors.com/2025/12/giants-have-shown-interest-in-nico-hoerner.html
 
Latest On Pete Fairbanks’ Market

While most of the top free agent relievers are off the board, former Rays closer Pete Fairbanks remains unsigned. The Diamondbacks, Marlins and White Sox are among the teams that have been linked to the hard-throwing righty.

The connection with Miami has come up on a few occasions. The Marlins are looking for a high-leverage reliever. Fairbanks has ties to president of baseball operations Peter Bendix from their time in Tampa Bay. In an appearance on Foul Territory this week, Izaac Azout of Fish On First suggested that Miami has shown a willingness to offer a one-year deal in “the mid-teens” range and floated the possibility that Miami could make a $13-14MM proposal.

Tampa Bay could have retained Fairbanks on an $11MM club option. While it’s understandable the front office didn’t want to commit a sizable portion of their budget to a single inning reliever, it was more surprising that the Rays were unable to drum up trade interest. It should work out better for Fairbanks financially. He collected a $1MM buyout and seems well positioned to beat the $10MM difference. ESPN’s Jeff Passan wrote on Thursday that Fairbanks was trending towards either a multi-year deal or a one-year contract worth more than $11MM.

While it’d seem counterintuitive for teams to pay more than the declined option price, that occasionally happens. Option calls are due within the first five days of the offseason. Teams may have preferred to maintain payroll flexibility until they had a better read on the market. Fairbanks was clearly behind the likes of Edwin Díaz, Devin Williams and Robert Suarez.

Clubs that missed out on those relievers — including Miami, who reportedly had shown interest in Williams — could more highly value Fairbanks now than they did six weeks ago. It’s also possible that they stretch to a two-year deal at a sub-$11MM annual rate to save some money in 2026 while giving the pitcher a larger overall guarantee.

The Cubs are another team that makes sense for Fairbanks on paper. They have added Phil Maton and Hoby Milner while re-signing Caleb Thielbar, but they lost arguably their best reliever when Brad Keller signed a $22MM contract with Philadelphia. Patrick Mooney and Sahadev Sharma of The Athletic wrote earlier this week that the Cubs remain open to adding a clearer high-leverage arm. They’ve given some consideration to Fairbanks, per the report, though it’s not clear how seriously they’re involved.

Chicago has shied away from significant bullpen investments over the past few seasons. Their two-year, $14.5MM contract with Maton was already their biggest reliever signing in six years. Fairbanks would cost more than $7.25MM annually but will be looking at a short-term deal as he enters his age-32 season.

Source: https://www.mlbtraderumors.com/2025/12/latest-on-pete-fairbanks-market.html
 
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