Phillies, Bryan De La Cruz Agree To Minor League Deal

The Phillies signed outfielder Bryan De La Cruz to a minor league contract earlier this month, per Matt Eddy of Baseball America. Reporter Mike Rodriguez first mentioned the two sides were in agreement and noted that the client of Premier Talent Sports & Entertainment received an invite to major league camp next spring. The team hasn’t formally announced the pickup, though many clubs wait to announce their minor league deals and non-roster invitees in bulk later in the offseason.

De La Cruz showed promise early in his career with Miami, hitting .269/.318/.430 with 18 homers, 27 doubles and a pair of triples in his first 574 plate appearances from 2021-22. He popped 19 homers in 2023, but poor glovework and an OBP barely north of .300 made him a roughly replacement-level player. De La Cruz had a better start in ’24, connecting on 18 long balls through his first 454 turns at the plate. The Pirates, in need of affordable power as they hoped to make a Wild Card push, acquired him in a deal that immediately went south.

Pittsburgh, at the time, was acquiring a player with three-plus years of club control remaining. However, he hit so poorly with the Bucs (.200/.220/.294 in 168 plate appearances) that the Pirates simply moved on after the season. De La Cruz landed in Atlanta but struggled badly in 50 big league plate appearances and in 11 Triple-A games. He eventually went to the Yankees on a minor league deal and posted solid, if unspectacular numbers with their Triple-A club in Scranton: 368 plate appearances, 15 homers, eight steals, .271/.340/.456 (111 wRC+).

The righty-swinging De La Cruz has some power but an over-aggressive approach and suspect defensive skills in the corners. He also lacks the track record against left-handed pitching you’d prefer to see out of a corner outfielder. He decimated southpaws in a small sample during his rookie season, but dating back to 2022 he’s actually been slightly better versus righties (and well below-average against both overall).

There’s no harm in taking a non-roster look at an experienced outfielder who’ll play all of next season at 29, but De La Cruz is more of a depth signing than anything else. The Phils will be in the market for outfielders this winter, but it’d probably take multiple spring injuries and a big performance from De La Cruz for him to make the club. The likeliest scenario is that he heads to Triple-A Lehigh Valley next season with a shot to mash his way into the big league picture. If he’s able to do that, he’d be controllable through at least 2028, but there’s a long way to go before that future control is any kind of consideration.

Source: https://www.mlbtraderumors.com/2025/11/phillies-bryan-de-la-cruz-agree-to-minor-league-deal.html
 
National League Non-Tenders: 11/21/25

Every National 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 NL, while the American League moves are available here. All projected salaries are courtesy of MLBTR contributor Matt Swartz.

  • The Braves announced that right-handers Alek Manoah and Carson Ragsdale were not tendered contracts. Both had been acquired earlier in the offseason via waivers, and both are now free agents. Manoah was projected to earn $2.2MM. Ragsdale was not arb-eligible.
  • The Brewers tendered contracts to their entire arbitration class, per Adam McCalvy of MLB.com.
  • The Cardinals chose not to tender contracts to lefty John King, catcher Yohel Pozo and righty Sem Robberse, Derrick Goold of the St. Louis Post-Dispatch reports. Jorge Alcala, who was designated for assignment earlier this week, was also non-tendered, John Denton of MLB.com adds. King and Alcala were both projected for a $2.1MM salary. The others were not arb-eligible.
  • The Cubs non-tendered catcher Reese McGuire, per ESPN’s Jesse Rogers. He hit .226/.245/.444 through 140 plate appearances in a backup catcher role and was arb-eligible for the final time. He’d been projected to earn $1.9MM. Right-hander Eli Morgan, who was projected to earn $1.1MM, was also non-tendered, according to MLB.com’s Jordan Bastian.
  • The D-backs non-tendered left-hander Tommy Henry, who’d already been designated for assignment, and right-hander Taylor Rashi. Neither was eligible for arbitration. They tendered contracts to their entire arb class.
  • The Dodgers did not tender a contract to closer Evan Phillips, reports Ken Rosenthal of The Athletic. He was only under club control for one more season and projected for a $6.1MM salary but underwent Tommy John surgery in June. Dodgers righty Nick Frasso, who was not arb-eligible and finished the season on the 60-day IL, was also non-tendered, per Fabian Ardaya of The Athletic.
  • The Giants non-tendered left-hander Joey Lucchesi, reports Jon Heyman of the New York Post. Lucchesi pitched to a solid 3.76 ERA with a below-average 18.8% strikeout rate and strong 7.3% walk rate in 38 1/3 innings and had been projected for a $2MM salary. San Francisco also non-tendered catcher Andrew Knizner, who was designated for assignment this afternoon when the Giants acquired Joey Wiemer from Miami.
  • The Marlins tendered contracts to all of their eligible players, per Isaac Azout of Fish On First.
  • The Mets are non-tendering right-hander Max Kranick, according to Will Sammon of The Athletic. Kranick, 28, posted a 3.65 ERA in 37 innings with the Mets this year. It was his first big league opportunity since a five-inning cameo with the Pirates back in 2022. Kranick’s season came to an abrupt end back in July due to flexor tendon repair surgery. Southpaws Jose Castillo and Danny Young were also non-tendered, Sammon adds. Young had Tommy John surgery back in May. Castillo was a waiver claim who pitched for four different teams in 2025.
  • The Nationals tendered contracts to their entire roster, per a team announcement.
  • The Padres announced that lefty Omar Cruz and righty Sean Reynolds were non-tendered. Neither was arbitration-eligible. They tendered contracts to every member of their arbitration class.
  • The Phillies non-tendered righties Michael Mercado and Daniel Robert, neither of whom was arbitration-eligible. They’re both free agents. The Phils tendered contracts to all of their arb-eligible players otherwise.
  • The Pirates non-tendered outfielders Alexander Canario and Ronny Simon, as well as righties Colin Holderman and Dauri Moreta. All four were designated for assignment earlier in the week. Holderman was projected for a $1.7MM salary and Moreta for $800K. The others weren’t arb-eligible.
  • The Reds announced that catcher Will Banfield and right-handers Carson Spiers and Roddery Munoz were not tendered contracts. They’re all free agents. None of the three were arbitration-eligible, but by non-tendering them rather than designating them for assignment, Cincinnati bypasses the need to place them on waivers and can try to quickly re-sign any of the bunch to minor league deals, if the Reds are so inclined.
  • The Rockies non-tendered first baseman Michael Toglia, the team announced. He’d been designated for assignment earlier in the week, making today’s non-tender all but a formality.

Source: https://www.mlbtraderumors.com/2025/11/national-league-non-tenders-11-21-25.html
 
Players Avoiding Arbitration: 11/21/25

The deadline for teams to tender contracts to arbitration-eligible players is this afternoon at 4pm CT. Throughout the day, we’ll surely see a handful of arb-eligible players agree to terms with their clubs to avoid a hearing.

These so-called “pre-tender deals” usually, although not always, involve players who were borderline non-tender candidates. Rather than run the risk of being cut loose, they can look to sign in the lead-up to the deadline. Those salaries often come in a little below projections, since these players tend to have less leverage because of the uncertainty about whether they’ll be offered a contract at all.

Under the 2022-26 collective bargaining agreement, players who sign to avoid an arbitration hearing are guaranteed full termination pay. That’s a change from prior CBAs, when teams could release an arb-eligible player before the season began and would only owe a prorated portion of the contract. This was done to incentivize teams and players to get deals done without going to a hearing.

All salary projections in this post come via MLBTR contributor Matt Swartz. This post will be updated throughout the day as deals are announced and/or reported. Salary figures are from The Associated Press unless otherwise noted.


Photo courtesy of William Liang, Imagn Images

Source: https://www.mlbtraderumors.com/2025/11/players-avoiding-arbitration-11-21-25.html
 
Latest On Kyle Tucker’s Market

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.

Source: https://www.mlbtraderumors.com/2025/11/kyle-tucker-rumors-orioles-blue-jays.html
 
Red Sox Interested In J.T. Realmuto

The Red Sox are showing interest in free agent catcher J.T. Realmuto, per a report from Ken Rosenthal and Jen McCaffrey of The Athletic, though they note that there’s still an expectation Realmuto will re-sign with the Phillies.

Realmuto has been one of the best catchers of recent history, if not the very best. He has been a mainstay in the big leagues for over a decade now. From 2015 to 2025, he appeared in at least 125 games in all but one full season. The only exception was 2024, when a knee injury limited him to 99 contests. For that 11-year span, he led the majors among primary catchers with 1,362 games played and 36.7 wins above replacement, according to FanGraphs.

The question now is what he can be in the future. He will turn 35 years old in March. In 2025, he slashed .257/.315/.384. That resulted in a 94 wRC+, indicating he was 6% below league average. That’s still passable for a catcher but it was the first time Realmuto finished below the century mark since 2015. His glovework also seems to have tailed off a bit, per outlets like FanGraphs, Statcast and Baseball Prospectus. He can still throw out attempted base stealers and is decent in terms of blocking but all outlets agree his framing has been subpar for the past three seasons.

Flaws aside, Realmuto is still the top free agent catcher this winter. MLBTR predicted him to land a two-year, $30MM deal, though a three-year isn’t totally out of the question. Other on the market include Victor Caratini and Danny Jansen. The Rangers recently added Jonah Heim to the pile when they non-tendered him last week.

Many in the baseball world expect Realmuto to end up back in Philadelphia. He has been with the Phillies since 2019 and has already re-signed with them as a free agent once. As mentioned in the report from The Athletic, his family owns a home in Clearwater, Florida, the spring training home of the Phillies. While Realmuto is a free agent, the Phils currently have Rafael Marchán and Garrett Stubbs as their top catchers. They have to do something to improve their catching corps. However, the Phils have a bunch of other priorities this winter. They also want to re-sign Kyle Schwarber and remake their outfield.

For the Red Sox, there’s little harm in checking in to see if there’s a chance they can pry Realmuto away, as their catching group could be strengthened. Carlos Narváez had a nice rookie season in 2025 but he’s still fairly inexperienced and trailed off as the season went along. He hit .241/.306/.419 for a 97 wRC+ for the whole year but just .187/.233/.387 for a 64 wRC+ in the second half. Connor Wong seemed to take a step forward in 2024 but then hit just .190/.262/.238 in 2025.

Both of those catchers are still optionable, so it’s possible for the Sox to sign Realmuto and bump one down to Triple-A as depth. Realmuto’s right-handed bat would fit nicely on a lineup that leans left-handed right now, though Narváez and Wong are also righties. It’s also possible the Sox would be drawn to Realmuto as a veteran clubhouse leader for a team that skews young and inexperienced.

The Sox will have to balance that pursuit with other priorities. One big target for them this winter was to bolster the rotation and they acquired Sonny Gray from the Cardinals earlier today. They will probably look for more pitching and could try to re-sign Alex Bregman.

RosterResource projects the Sox for a $177MM payroll and $223MM competitive balance tax figure. Last year, those numbers finished at $207MM and $245MM. That could give them something like $20-3oMM to play with if they are willing to spend similarly in 2026, though it’s possible their playoff berth in 2025 prompts them to push things up higher.

Their ability to pursue a notable catching upgrade will depend on what they have to spend and how things proceed with their other targets. Even if they can’t pluck Realmuto from Philadelphia, perhaps they will turn to some of the other available backstops.

Photo courtesy of Kyle Ross, Imagn Images

Source: https://www.mlbtraderumors.com/2025/11/red-sox-interested-in-j-t-realmuto.html
 
Phillies, Blue Jays Among Teams To Inquire On Ketel Marte’s Availability

Ketel Marte’s name continues to pop up on the offseason rumor mill as teams check in with the D-backs on the star second baseman. Diamondbacks general manager Mike Hazen has already plainly indicated that a trade is “unlikely,” and reports out of Arizona generally suggest that the Snakes are loath to part with Marte but will at least hear interested parties out as a matter of due diligence. About one-quarter of the league had already inquired as of two weeks ago.

MLB Network’s Jon Morosi, playing up the chances of a trade in a recent on-air segment, noted that the Phillies and Blue Jays are among the teams that have contacted the D-backs about Marte. That clearly doesn’t indicate anything is close, nor does it suggest that Marte specifically is a top target for either party. Nevertheless, it’s of modest note that they’ve at least gauged Marte’s availability and perhaps put out some feelers on the potential cost of acquisition.

The Phillies are largely set in the infield, with Bryce Harper at first base, Bryson Stott at second base, Trea Turner at shortstop and Alec Bohm at third base (though Bohm is once again an offseason trade candidate himself). Marte has plenty of experience in the outfield, which is a more prominent area of need for the Phils, but he graded poorly as a center fielder over 1292 innings there earlier in his career (-11 Defensive Runs Saved, -7 Outs Above Average).

It’s a stretch to think that Marte, whose average sprint speed has fallen to the 29th percentile of big leaguers, could handle a move back to center field ahead of his age-32 season. The Phils have little set in place in the outfield aside from Brandon Marsh, though, so perhaps they’d consider plugging Marte into left field. Right fielder Nick Castellanos is widely expected to be traded or released this winter.

The focus in adding Marte wouldn’t be on his glove anyhow, but rather on his bat. The switch-hitting, multi-time All-Star is perennially excellent at the dish, evidenced by a .279/.360/.498 batting line (133 wRC+) dating back to 2021. Marte has been particularly dominant in the batter’s box over the past two seasons, slashing a combined .288/.374/.549 with 64 home runs in 1139 plate appearances.

The fit with the Jays is even more interesting, due to their expected run at retaining franchise icon Bo Bichette. Toronto already moved Andres Gimenez to Bichette’s shortstop position during the playoffs, when Bichette was originally sidelined with a sprained PCL. Even when Bichette returned in the World Series, he did so as a second baseman. Gimenez is a vastly superior shortstop defender, so if the Jays do plan to re-sign Bichette, they could well do so with a permanent switch to second base in mind.

Marte is four years older than Bichette, but he’d also be markedly more affordable. He’s signed through 2031 for a total of $102.5MM, though the final season on his contract is an $11.5MM player option. Marte would be 37 for that 2031 season.

It bears emphasizing that the Jays doing a bit of groundwork on a potential second base alternative — one who may not even be truly “available” in trade talks, save for an overwhelming offer — in no way suggests a shift in priorities. Toronto brass has voiced a desire to keep Bichette, and the resources to do so would’ve been present even without a deep World Series run further filling the team’s coffers.

If the D-backs were to move Marte, the goal would surely be to acquire controllable, MLB-ready young pitching to plug into the rotation. That’s not exactly a core area of strength for either Philadelphia or Toronto.

The Phils, of course, have top prospect Andrew Painter on the cusp of MLB readiness, but they’ve been staunchly against trading him in any deal over the past few seasons, even while he was rehabbing from Tommy John surgery. Righty Moises Chace, another touted righty in the system, underwent Tommy John surgery last June. Mick Abel was traded to the Twins in July’s Jhoan Duran deal.

In Toronto, there’s even less high-end pitching near the majors. Trey Yesavage obviously isn’t going anywhere. Ricky Tiedemann missed all of 2025 recovering from Tommy John surgery. Like the Phils, the Jays traded one of their next-best young arms, Kendry Rojas, to Minnesota as part of a win-now push at the deadline (netting Louis Varland). Another, Khal Stephen, went to the Guardians in the Shane Bieber trade.

There’s at least some modest intrigue in the fact that a pair of World Series hopefuls of this magnitude has looked into Marte, but to this point there’s little in the way of smoke suggesting a trade is actually plausible. Even if the D-backs become more serious about trading Marte, the Phillies and Jays would face steep competition in bidding to acquire him — presumably from contending clubs with more controllable pitching to spare. For now, it’s worth revisiting what Hazen said when prompted on Marte earlier in the month, telling the Burns & Gambo Show on 98.7 FM:

“It’s what happens. Everyone checks in on your better players. They’re coming after your better players. … [Marte is] one of our best players. We have some of the top position players in all of baseball on our roster and we need those players to be good next year.”

Hazen doubled down when asked on 98.7’s Wolf & Luke Show:

“Ketel is one of, if not our best player. He’s a superstar in this league. You win with superstars in this league. Yes, I do know it’s a team game and putting a team together to win baseball games is also equally important. That’s on us to figure out what the right mix of players is.”

Source: https://www.mlbtraderumors.com/2025/11/ketel-marte-trade-rumors-phillies-blue-jays.html
 
Phillies, Kyle Schwarber Currently “Not Close To A Deal”

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

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

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

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

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

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

Source: https://www.mlbtraderumors.com/2025/11/phillies-kyle-schwarber-currently-not-close-to-a-deal.html
 
Latest On Center Field Market

The center field market appears to have lots of demand. The Phillies, Mets, Rays, Orioles, Diamondbacks and Royals are all looking for upgrades at the position, according to reporting from Ken Rosenthal and Katie Woo of The Athletic.

Those teams all make logical sense. The Phillies acquired Harrison Bader at the deadline but lost him to free agency a few months later. The Mets did the same thing with Cedric Mullins, who was terrible for them. The Rays had a rotating cast of characters in the outfield in 2025 and are known to be looking for upgrades. The Orioles traded Mullins and then trotted out Colton Cowser, who struggled while playing through broken ribs. The Diamondbacks have been waiting for Alek Thomas to break out for a few years now. The Royals have been struggling to get good production from the grass for a few seasons and are looking for upgrades.

That demand might outpace the supply. The free agent market doesn’t have a standout option. Trent Grisham would have been the headliner but he accepted a qualifying offer to return to the Yankees. Cody Bellinger is out there but he’s more of a corner guy who can play some center, as opposed to an everyday solution. Bader is available and coming off a nice season at the plate but that was fuelled by a .359 batting average on balls in play. Mullins, as mentioned, is coming off a dreadful campaign.

On the trade market, Luis Robert Jr. is available but he’s coming off two straight poor seasons. The Astros are open to moving Jake Meyers for pitching help but Meyers has generally been a light-hitting, glove-first type in his career. Perhaps the Rockies would be open to moving Brenton Doyle but he’s still controlled for four more seasons and it would be a sell-low move for Colorado after his poor 2025 campaign.

The Red Sox might be willing to move Jarren Duran to clear their outfield logjam but Kiley McDaniel and Jeff Passan report that the Sox are looking for a return commensurate with his excellent 2024 season as opposed to his 2025 results. Duran’s combination of offense, defense and speed led to FanGraphs crediting him with 6.8 wins above replacement in 2024. Baseball Reference was even more bullish, giving him 8.7 WAR. He regressed a bit in 2025 and ended up at 3.9 fWAR and 4.7 bWAR. He’ll make $7.7MM in 2026 and can be controlled via arbitration for another two seasons after that.

If the Sox don’t want to sell low on Duran and no one is meeting their asking price, then perhaps he’ll stay in Boston. It does feel like they have to move someone, however. Their outfield mix currently projects to include Duran, Roman Anthony, Ceddanne Rafaela, Wilyer Abreu, Masataka Yoshida and Jhostynxon Garcia. Anthony and Rafaela feel locked in because they have both signed extensions. Rafaela can also play second base but is the best defensive center fielder of the bunch.

Another theoretical trade option is Byron Buxton of the Twins. His contract gives him full no-trade protection through 2026, though it then drops to just a five-team no-trade list for the final two years of the deal. In the lead up to the 2025 deadline, as the Twins sold off a number of controllable relievers and sent infielder Carlos Correa back to Houston, Buxton repeatedly said he wasn’t interested in waiving that clause and wanted to remain a Twin for life.

That stance appears to have softened lately. Reporting last month from Dan Hayes of The Athletic suggested that Buxton would become more open to waiving his clause if the Twins continued tearing down the roster, perhaps by trading Joe Ryan or Pablo López. Twins president of baseball operations Derek Falvey pushed back on the notion that the Twins would be making more sell-side moves but they also haven’t done much this winter to tip the scales either way.

McDaniel and Passan, linked above, say that Buxton is willing to waive his no-trade clause. It’s unclear if they mean that in the same way as Hayes, where it’s conditional on the Twins going down the rebuild road. Presumably, if Buxton is asked to waive his clause at some point, that would be part of a rebuild regardless.

Buxton is an incredibly talented player who has dealt with a lot of injury issues. His career high in games played in 140, which was back in 2017. From 2018 to 2023, he never topped 92 contests in any one season. He got to 102 in 2024 and 126 this year. When on the field, the quality has been great. He just wrapped up a season in which he hit 35 home runs and stole 24 bases. He slashed .264/.327/.551 and was credited with 5.0 fWAR.

His unique contract reflects that uncertainty. He is being paid $15MM annually, a decent sum but about half of what most superstars get. However, he can make millions more based on plate appearances and MVP voting. For the Twins, or a theoretical team rostering him in the future, they’d be happy to pay him the extra since that means he’s on the field and producing. Buxton would surely garner lots of interest if the Twins made him available but it’s still not clear if the club will go down that road.

Photo courtesy of Isaiah J. Downing, Imagn Images

Source: https://www.mlbtraderumors.com/2025/12/latest-on-center-field-market.html
 
Cubs, Phillies, Yankees Among Teams Interested In Tatsuya Imai

The Seibu Lions of Japan’s Nippon Professional Baseball posted ace Tatsuya Imai for major league teams back on Nov. 19. The flamethrowing 27-year-old has until Jan. 2 to negotiate a deal with interested MLB clubs. The Mets, Cubs and Orioles have each been linked to the right-hander so far. The Cubs, in particular, are expected to be a “strong” player in Imai’s market, per Bruce Levine of 670 The Score. They also made an offer to Dylan Cease before the former Cy Young runner-up (and former Cubs draftee) signed with the Blue Jays last week, according to Levine.

Jon Heyman of the New York Post adds the Phillies and Yankees as another pair of teams in the running for Imai. He adds that Imai’s camp could schedule in-person visits with interested teams following next week’s Winter Meetings — if he hasn’t already agreed to a deal by that point.

The Cubs make a sensible fit for Imai, even after countryman Shota Imanaga accepted Chicago’s $22.025MM qualifying offer, opting to forgo free agency in the process. Manager Craig Counsell’s rotation currently includes Imanaga, Cade Horton, Matthew Boyd, Jameson Taillon and Colin Rea. Ace Justin Steele is still on the mend from UCL surgery performed last April. He won’t be ready for Opening Day. Javier Assad and Ben Brown could both factor in, too, but both have bullpen experience and minor league options remaining.

Chicago’s interest in bolstering the rotation is well-known. Even after Imanaga opted to return, the Cubs have reportedly been seeking a playoff-caliber starter to add to the top portion of their staff. Imai isn’t necessarily a slam-dunk to fit that description, but his electric stuff and recent performance in NPB suggest he has that ceiling.

Imai, who’ll turn 28 next May, has posted a sub-3.00 ERA in each of the past four NPB seasons — headlined by a career-low 1.92 mark in 163 innings in 2025. Along the way, he’s steadily increased his strikeout rate while at the same time lowering his walk rate. Those improvements culminated in last year’s dominant season, wherein Imai punched out 27.8% of the batters he faced and cut his walk rate to a tidy 7%. He’s one of NPB’s hardest throwers, topping out around 99 mph and sitting more comfortably in the mid-90s. Imai complements that pitch with a slider, splitter and changeup.

Signing Imai would push Rea back into his familiar swingman role and could even create a logjam if everyone is healthy once Steele finishes off his rehab from surgery. That’s wishful thinking, however, given the proliferation of pitching injuries throughout the sport. And if the Cubs do manage to have a full contingent of healthy rotation arms at that point, it’d fall under the “good problem to have” cliche. A playoff rotation including a healthy Steele, Horton and Imai could be formidable.

The Phillies, meanwhile, haven’t been big players in free agency for pitchers — at least not to the extent they have with hitters — outside of retaining homegrown Aaron Nola on a seven-year contract. However, that decision is now one of many contributing to a far shakier outlook than we’re used to seeing with the Philadelphia rotation.

Left-hander Cristopher Sanchez broke out as a top-tier arm with this year’s runner-up finish in Cy Young voting, but the rest of the staff has more questions and/or dwindling club control. Ranger Suarez is already a free agent. Zack Wheeler underwent thoracic outlet surgery late in the season. He’s owed $84MM over the next two seasons. Nola struggled to the worst extent of his career, posting an ERA north of 6.00 in 2025. Jesus Luzardo is a quality mid-rotation arm but will be a free agent next winter. Taijuan Walker is also entering the final season of a four-year deal. He rebounded to an extent in 2025, but the first two seasons of that $72MM pact were a disaster. Andrew Painter has long been one of the game’s top pitching prospects, but he was hit hard in Triple-A during his return from 2024 Tommy John surgery.

Obviously, the Phillies already have a lot of money on the long-term books — but perhaps not to the extent some might think. Nola, Trea Turner and Bryce Harper are the only players signed beyond the 2027 season. A backloaded deal for Imai — likely one including at least one opt-out opportunity — could make his salary more manageable in years one and two. Those seasons would dovetail with the remaining years on the contracts of Wheeler (through 2027) as well as Walker (through 2026), Nick Castellanos (through ’26), Jose Alvarado (through ’26) and Matt Strahm (through ’26).

Signing Imai would give the Phillies another large contract on the books but also offers protection against a potentially thinned-out starting group come 2027. Luzardo and Walker are free agents at that point. Painter hasn’t pitched in the majors yet. It’s hard to know what to expect from Wheeler and Nola in 2026 — let alone 2027. Imai (or another multi-year rotation acquisition) could provide some protection, although he’s obviously an untested commodity himself (at least against MLB opposition).

On paper, the Yankees’ rotation need is the least acute of this group. Gerrit Cole could be back relatively early in 2026. Max Fried was dominant in his first season in Yankee Pinstripes. Carlos Rodon was outstanding in 33 starts. Luis Gil, Cam Schlittler and Will Warren are all impressive-looking young starters. Clarke Schmidt could be back late in the season after July Tommy John surgery.

The Yankees already have three pitchers on contracts valued at $162MM or more. Imai would very likely require a fourth commitment of over $100MM and do so at a time when the team is facing questions in the infield and in the outfield. If the Yankees believe Imai can pitch at or near the top of a major league rotation, however, they could sign him and use some of their young pitching and/or prospect depth to make compelling offers for bats on the trade market. It’s a thing offseason with regard to free-agent hitters, after all.

Whoever signs Imai will need to do so within the next four weeks. His posting window closes Jan. 2. The team to sign him will also owe a separate release fee to the Lions in NPB. That fee will equal 20% of the contract’s first $25MM, plus 17.5% of the next $25MM and 15% of any guaranteed money thereafter. Additional earnings unlocked via incentives, escalators and club option years would also be subject to that 15% rate once they become guaranteed.

Source: https://www.mlbtraderumors.com/2025/12/tatsuya-imai-rumors-cubs-phillies-yankees-japan-npb-ace.html
 
Phillies Re-Sign Michael Mercado To Minor League Deal

The Phillies have re-signed right-hander Michael Mercado to a minor league deal, reports Steve Potter of philliesbaseballfan.com. Presumably, the righty will also receive an invite to big league camp in spring training.

Mercado, 27 in April, was just non-tendered last month. He hadn’t yet qualified for arbitration but the non-tender deadline is the only day in the year when a player can be sent directly to free agency without being exposed to waivers. By taking that path with Mercado, the Phils gave him a chance to sign with the other 29 clubs but it also gave them the chance to quickly bring him back in a non-roster capacity.

The Phils initially acquired Mercado from the Rays in November of 2023. He was about to become a minor league free agent at that time but the Phils wanted him enough that they stopped that from happening. They sent right-hander Adam Leverett and cash considerations to Tampa and immediately gave Mercado a 40-man spot before he could hit the open market.

Since being acquired, he has worked both as a starter and a reliever for the Phils, with some strikeout stuff but also a lack of control. He has thrown 118 2/3 Triple-A innings over the past two seasons, allowing 3.11 earned runs per nine while striking out 22.9% of batters faced but issuing walks at a 12.5% clip. An 80.6% strand rate seemed to help him out with run prevention, leading to a less optimistic 4.48 FIP. Regardless, the Phils gave him some occasional big league looks, which he didn’t take advantage of. He currently has an 11.81 ERA in 16 big league innings.

Mercado is clearly not fully established in the majors yet but the Phillies presumably like his arsenal. He had averaged 95.8 miles per hour with his fastball in his big league career while also featuring a cutter, splitter, curveball and changeup. He’ll give the club some depth as he looks to earn his way back onto the roster. If he eventually gets his spot back, he still has one minor league option and just a handful of service days. That means he can still provide roster flexibility and cheap control.

Photo courtesy of Nathan Ray Seebeck, Imagn Images

Source: https://www.mlbtraderumors.com/2025/12/phillies-re-sign-michael-mercado-to-minor-league-deal.html
 
Astros, Orioles Among Clubs Interested In Ranger Suárez

Left-hander Ranger Suárez is one of the top free agent starting pitchers still available. Mark Feinsand of MLB.com reports that the Astros, Cubs and Orioles are the clubs most likely to pluck him away from the Philadelphia, though the Phillies remain in the mix. Feinsand adds that the Mets and Tigers are also involved in the southpaw’s market. Jeff Passan of ESPN adds that Suárez has long been a target of Houston and Baltimore.

Suárez, 30, has been pretty consistent in terms of his results in recent years. He’s generally been able to combine decent strikeout and walk rates with strong ground ball numbers. However, he also has some question marks since his velocity isn’t huge by modern standards and some injuries have prevented him from being a workhorse.

Over the past four seasons, Suárez has tossed 588 1/3 innings for the Phillies, allowing 3.59 earned runs per nine. He punched out 21.9% of batters faced in that time and gave out walks at a 7.5% pace, both marks being close to typical league averages. His 50.8% ground ball rate in that span was quite strong.

He has spent at least some time on the injured list in each of those campaigns. Back problems are a recurring issue but there was also an elbow strain and a hamstring strain mixed in. Due to those injury setbacks, he has never hit the 160-inning mark in any season of his career. As for the velocity, he was able to average in the 93-94 mile per hour range with his fastball a few years ago. However, over the past two seasons, he’s been in the 91-92 mph range.

It’s not a perfect profile but Suárez is still one of the better arms out there. At the beginning of the offseason, MLBTR predicted Suárez could secure a five-year, $115MM deal. He was the fourth starting pitcher on the list, behind Dylan Cease, Framber Valdez and Tatsuya Imai. Cease has signed with the Blue Jays but Valdez, Imai and Suárez remain three of the most attractive starting pitchers available. Suárez rejected a qualifying offer from the Phillies, meaning any other team that signs him would be subject to the associated penalties.

Valdez is a fairly similar pitcher, since he’s also a ground ball guy, but he edges past Suárez for a few reasons. Though he’s two years older, he’s been more durable. While Suárez has never got to 160 innings, Valdez got to at least 176 in each of the past four seasons, including three with at least 192 frames. His ground ball rate is usually in the 60% range, about 10 points ahead of Suárez. His velocity has also been a few ticks above Suárez of late. MLBTR predicted Valdez for $150MM over five years.

The Astros just lost Valdez to free agency and need help in the rotation due to a large number of injuries. They seem to have a tight budget, with an apparent desire to avoid the competitive balance tax. It therefore makes sense that they might look to pivot to Suárez as a way to effectively replace Valdez at a discount.

RosterResource has Houston’s CBT number around $220MM, putting them roughly $24MM below next year’s base threshold of the tax. Signing Suárez would likely put them right up against the line but they could also create some more room by trading someone like Jake Meyers, Jesús Sánchez or Christian Walker.

Orioles president of baseball operations Mike Elias has publicly admitted that the club is looking for a front-of-rotation starter to slot next to Trevor Rogers and Kyle Bradish. They have generally avoided big splashes on the pitching side. They also needed rotation help last year and ended up giving one-year deals to Charlie Morton and Tomoyuki Sugano, relatively older guys without much upside. It’s possible they make a bolder strike this offseason, having been connected to Imai, Valdez and others.

The Cubs are also known to be on the lookout for rotation upgrades. They have a number of decent arms already on the roster but clearly want to raise the ceiling by adding a playoff-caliber arm. They were interested in Cease before he came off the board and have also been connected to Imai, Michael King and others.

RosterResource has them less than $50MM away from the tax line, which they have generally tried not to cross in recent years. They could also consider a big offensive upgrade, such as going after Alex Bregman. Getting both a big-name starter and Bregman could push them close to that line.

The Tigers have a big ace in Tarik Skubal but could upgrade the group behind him. As of now, Reese Olson, Casey Mize and Jack Flaherty are his best supports but the club could get an external upgrade and bump each of those guys down a peg. They haven’t been signing top free agents for a while but the tier below seems possible. They have been connected to King and now Suárez this offseason.

The Mets dealt with a lot of rotation injuries in 2025, forcing them to rely on rookies Nolan McLean, Jonah Tong and Brandon Sproat. There’s talent there but the club clearly wants to make additions after a narrow playoff miss. They have been connected to Imai as well as Joe Ryan of the Twins.

They have a lot of moving parts in their offseason. Acquiring Marcus Semien might push Jeff McNeil to the trade block. They also might want to flip out Kodai Senga as they also add to the rotation. They may or may not re-sign Pete Alonso and Edwin Díaz. They also might be in the markets for Cody Bellinger and other free agents.

As for the Phillies, they could try to bring back Suárez but it might not be their priority right now. Zack Wheeler may miss the beginning of the season due to thoracic outlet syndrome surgery but it’s possible he can rejoin the club fairly early in the campaign. Once back, he would slot into the rotation with Cristopher Sánchez, Jesús Luzardo, Aaron Nola, Taijuan Walker and Andrew Painter.

The Phils could bolster that group but they also have other things on the to-do list. They want to re-sign Kyle Schwarber and J.T. Realmuto while also remaking their outfield. Amid all of that, it’s possible one of these other clubs has a chance to lure Suárez away.

Photo courtesy of Bill Streicher, Imagn Images

Source: https://www.mlbtraderumors.com/2025/12/astros-orioles-among-clubs-interested-in-ranger-suarez.html
 
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
 
Phillies Interested In Cody Bellinger

Much of the buzz surrounding the Phillies this winter has concerned their efforts to re-sign one or both or Kyle Schwarber and J.T. Realmuto. Since either of those free agents might well end up leaving Philadelphia for another team, the Phils have also been doing their due diligence on other major free agents or trade targets, including Tatsuya Imai and Ketel Marte.

Cody Bellinger’s name can now also be added to the list, as ESPN’s Jeff Passan writes that the Phillies “have interest in” the former NL MVP. The Phils join the Yankees, Mets, Angels, Dodgers, and Blue Jays as teams known to have some level of interest in Bellinger’s services.

Since it is known that re-signing Schwarber is the Phillies’ chief priority, Bellinger might represent the team’s backup plan if Schwarber heads elsewhere. While Bellinger doesn’t have Schwarber’s power or overall offensive consistency, there are plenty of reasons why Bellinger would make perhaps even more sense as a fit in the Phillies’ lineup.

Bellinger is also a left-handed hitter, and is coming off a strong 2025 campaign that saw him hit .272/.334/.480 with 29 home runs over 656 plate appearances for the Yankees. It was more than enough for Bellinger to decline his $25MM player option for the 2026 season and re-enter the free agent market, looking for the long-term nine-figure deal that has eluded him in previous trips to the open market.

Bellinger had a 125 wRC+ last season, which is a few notches below the 152 wRC+ Schwarber posted during his 56-homer season. Over the 2023-25 seasons, the gap is narrowed to a 135 wRC+ for Schwarber and a 123 wRC+ for Bellinger. In terms of how the two have produced their numbers, it’s a tale of two somewhat opposite skillsets. Bellinger makes a lot of contact and rarely strikes out, though he doesn’t generate much hard contact. Schwarber makes a ton of loud contact, but with the tradeoff of plenty of strikeouts. Both hitters perform well against left-handed pitching so there isn’t a platoon concern, but Bellinger hit far better at Yankee Stadium than he did in road games in 2025.

That aforementioned 2023-25 span also reveals an advantage for Bellinger in fWAR (11.4 to 9.1), as Schwarber being essentially a DH-only player and a subpar corner outfielder leaves him trailing far behind Bellinger in defensive value. As this defensive skillset translates to the Phillies, Bellinger could fill in at first base whenever Bryce Harper needs a DH day. More regularly, Bellinger would be playing in the outfield, perhaps in right field since Nick Castellanos is expected to be traded or maybe just released entirely. A corner outfield slot is a better fit for Bellinger than center field duty, yet Bellinger could be a part-time answer to the Phillies’ needs in center.

For all of the rumors swirling around Bellinger as a trade candidate and free agent in recent years, this is the first time Philadelphia has been properly linked to his market. This doesn’t necessarily mean the Phillies had no interest in the past, but other players were possibly just higher on the wishlist, plus the team’s first base/outfield/DH picture has been relatively crowded.

Between Bellinger’s defensive pluses and the fact that he is over 28 months younger than Schwarber, Bellinger got a slightly higher spot on MLB Trade Rumors’ ranking of the offseason’s top 50 free agents. Bellinger was eighth on our list and Schwarber ninth, with very similar contract predictions — Bellinger five years and $140MM, Schwarber five years and $135MM.

While these are only projections, it isn’t likely that Bellinger represents much or any of a savings for the Phillies as a Schwarber alternative. Bellinger isn’t attached to a qualifying offer, which undoubtedly has some extra appeal to a Phillies team that would pay a steeper penalty for signing a qualified free agent since Philadelphia spent above the luxury tax threshold in 2025. By that same token, the Phils would receive a compensatory pick after only the fourth round of the 2026 draft if one of their own qualified free agents (Schwarber and Ranger Suarez) signed elsewhere.

Source: https://www.mlbtraderumors.com/2025/12/phillies-interested-in-cody-bellinger.html
 
NL East Coaching Notes: Mattingly, Doolittle, Marlins

Coaching staffs are coming together around the league. The Nationals and Marlins have made recent additions, while the Phillies are close to bringing a former manager back to the division.

  • Phillies president of baseball operations Dave Dombrowski told reporters, including Lochlahn March of the Philadelphia Inquirer, that the team is looking to hire Don Mattingly as a bench coach. “It’s not official, but we have really focused on speaking with Don and trying to make that happen, and we’re hopeful that it will,” Dombrowski said. Mattingly has been a bench coach in Toronto for the past three seasons. It was reported shortly after the Blue Jays’ World Series loss that he wouldn’t be returning to the team. Mattingly previously spent seven seasons coaching in the NL East, as the Marlins manager from 2016 to 2022.
  • Nationals president of baseball operations Paul Toboni shared details on manager Blake Butera’s coaching staff with reporters, including Mark Zuckerman of MASN Sports. The list includes recent additions Corey Ray as first base coach and Grant Anders as bullpen catcher, but one of the more notable names is the lone holdover, Sean Doolittle. Washington is retaining the former closer as an assistant pitching coach. Doolittle came on board with the title of pitching strategist in 2024, shortly after his retirement as a player. The lefty saved 75 games for the Nats across five seasons.
  • The Marlins are expected to hire Blake Butler as an infield coach, reports Isaac Azout of Fish On First. He’s taking over for Tyler Smarslok, who took a gig as field coordinator with the Nationals. Butler has been a minor league coach in Pittsburgh’s system since 2020. He’s managed Single-A Greensboro for the past two seasons.

Photo courtesy of John E. Sokolowski, Imagn Images

Source: https://www.mlbtraderumors.com/2025/12/nl-east-coaching-notes-mattingly-doolittle-marlins.html
 
Phillies Re-Sign Kyle Schwarber

The Phillies are bringing him back. Slugger Kyle Schwarber has returned to the Phils on a five-year contract, the team announced. It’s reportedly a $150MM guarantee that pays the Excel Sports Management client an even $30MM per season. The Phils had multiple 40-man vacancies and didn’t need to make a corresponding move.

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The deal is a testament to Schwarber’s elite talents as it sets new precedents in a few different ways. Schwarber is primarily a designated hitter, having played the outfield just 13 times combined over the past two years. He is also turning 33 years old in March.

Those are both qualities which tend to tamp down a player’s earning power. As shown in MLBTR’s Contract Tracker, the biggest guarantee for any free agent age-33 or older was Josh Donaldson’s $92MM deal with the Twins, which was signed when he was still a capable third baseman. Pure designated hitters also tend not to get paid. Per the Contract Tracker, Shohei Ohtani is the only free agent DH to get to nine figures. He was obviously a special case as a two-way player and superstar. J.D Martinez signed a five-year, $110MM deal with the Red Sox in 2018. He was still an outfielder at the time but did become more of a DH over the course of that pact.

Schwarber himself has proved to be a special case, as he just keeps getting better at the plate. He has always been a guy who strikes out and walks a lot, with notable power mixed in. From 2017 to 2021, he was generally good for about 30 home runs per year. He got to 38 in 2019, but that was the year with the juiced balls.

Over the past four years, Schwarber has never finished with fewer than 38 long balls. He’s reached 46 in three of those four. In 2025, he set a new personal best with 56. He has also erased his previous platoon issues. In 2024, he slashed .300/.407/.490 for a 152 wRC+ against lefties, compared to a .218/.342/.482 line and 124 wRC+ otherwise. In 2025, those lines were .252/.366/.598 and .232/.364/.541 for respective wRC+ numbers of 162 and 146.

On top of the statistics, Schwarber has received praise for his leadership and clubhouse presence during his time with the Phillies. They clearly wanted to bring him back but plenty of other teams were interested as well. The Mets, Pirates, Reds, Red Sox, Orioles and Giants were all connected to him in recent weeks. The Bucs even reportedly made an offer of four-years and $120MM, a very bold gesture for a club that has never signed a free agent for more than $39MM.

But amid all that interest from other clubs, it always seemed like the safe bet would be Schwarber returning to Philadelphia. He was clearly beloved in the city and in the clubhouse. The Phils have a number of other needs but they have been aggressive spenders in recent years and it seemed like they would likely top whatever deal Schwarber got elsewhere. They have done so and, as mentioned, set new benchmarks for free agent deals for a hitter this age or a designated hitter of any age. MLBTR predicted he could secure a five-year, $135MM deal. He got those five years but did a bit better than predicted in terms of the average annual value.

Per RosterResource, the deal brings the Phils up to a payroll of $270MM and a competitive balance tax figure of $289MM. At the end of 2025, those numbers were $291MM and $314MM. If they plan on getting to a similar spot in 2026, they have about $20MM left to play with.

They still have a few things on the to-do list. In addition to Schwarber, they also want to bring back catcher J.T. Realmuto, who also became a free agent at the end of the 2025 season. Remaking the outfield and adding to the pitching staff are also on the agenda. $20MM wouldn’t be a ton to do all of that, so perhaps they will be willing to raise the payroll again, though they could also try to accomplish a few things on the trade market.

For the other teams, it’s possible that this opens the offseason floodgates. The position player section of free agency has been slow moving so far. Early on, Trent Grisham and Gleyber Torres accepted qualifying offers. The Mariners and Josh Naylor quickly reunited. For the past three weeks, there have been no multi-year deals for free agent hitters.

Now that Schwarber is off the board, the clubs who fell short will be pivoting to other options. Some of those clubs won’t be players for Kyle Tucker or Bo Bichette but perhaps Cody Bellinger, Pete Alonso, Eugenio Suárez, Alex Bregman and others will see their markets heat up in the coming days and weeks.

Jeff Passan of ESPN first reported the five-year, $150MM agreement. Bob Nightengale of USA Today had the even salary breakdown. Photos courtesy of Jayne Kamin-Oncea, Imagn Images

Source: https://www.mlbtraderumors.com/2025/12/kyle-schwarber-phillies-finalizing-five-year-deal.html
 
Phillies Have Offer Out To J.T. Realmuto

The Phillies secured a reunion with one of their key veteran free agents Tuesday morning when they signed Kyle Schwarber to a five-year deal, and now it appears their attention will return to their other veteran hitter who reached free agency last month. Philadelphia has an offer on the table for veteran catcher J.T. Realmuto, according to a report from Todd Zolecki of MLB.com. The details of that offer aren’t presently known, though The Athletic’s Matt Gelb adds that Realmuto is “expected” to ultimately return to Philadelphia in 2026 and suggests that he may do so on a two-year deal. Even so, Gelb makes clear that Realmuto is continuing to survey the free agent market.

The veteran backstop will play next season at the age of 35 and is coming off his worst season since his rookie campaign back in 2015. Realmuto slashed just .257/.315/.384 with a 94 wRC+ in 134 games this year. It’s the third-lowest on-base percentage and the lowest slugging percentage of his career, ignoring an 11-game cup of coffee during the 2014 season. Between Realmuto’s age and down season at the plate, it might seem likely that he would be poised to find a soft market in free agency this winter.

That’s not how things have played out, however. Realmuto has established a solid floor as a two-win regular behind the plate, and that’s allowed him to remain a valuable commodity due to a dearth of catching talent around the league. Danny Jansen and Victor Caratini are the next best options available in free agency behind Realmuto, but Jansen’s 72-game 2022 season is the only campaign in either player’s career where they’ve reached the 2.0 fWAR benchmark that Realmuto has established as a floor over the past three seasons.

Additionally, teams might be less concerned about Realmuto’s near-term future behind the plate given the fact that ABS is coming to the majors in 2026 by way of the challenge system; Realmuto has been a slightly below-average blocker and well above-average at controlling the running game behind the plate in recent years, but lackluster framing numbers have held back his overall defensive value. With the challenge system likely to reduce the impact of catcher framing, perhaps teams are a little more comfortable with using a catcher with a lackluster recent track record when it comes to pitch framing than they otherwise would have been.

Whether it’s Realmuto’s steady floor or the rule changes that will impact his job in 2026, he’s managed to garner some real interest around the league this winter. The Red Sox and Rangers are both known to have interest in Realmuto, though the fit in Texas has been downplayed by significant questions regarding the club’s ability to afford the expected price tag attached to the veteran. MLBTR predicted a two-year, $30MM guarantee for Realmuto, and as the Rangers look to cut payroll this winter it seems reasonable to expect that adding a $15MM salary to the books won’t be in the cards this winter barring a payroll-reducing trade elsewhere on the roster. The same is likely to go for other teams likely to pursue catching help this winter like the Rays and Padres.

That could make Realmuto’s market something of a two-horse race between Boston and Philadelphia, and with Carlos Narvaez locked in for the lion’s share of starts with the Red Sox next year it’s easy to see why the Phillies stand as the likely favorite. Should Philadelphia reunite with Realmuto this winter, however, both Zolecki and Gelb suggest that it might be difficult for the team to make other impact additions without first clearing salary elsewhere on the roster. Gelb notes that while Philadelphia is expected to carry a payroll north of $300MM in 2026, they’re already not too far off from that mark.

According to RosterResource, Philadelphia’s luxury tax payroll sits just under $289MM after the Schwarber deal. Assuming the Phillies plan on a payroll in the same vicinity as last year’s $314MM figure, that leaves the club with $25MM left to spend. Should Realmuto take up around $15MM of that money as the club projects, that would leave just $10MM for the team to use when revamping their outfield mix. That might not be enough to re-sign Harrison Bader, who the Phillies are known to have interest in, and could instead leave them looking at some of the lesser options available in a thin outfield market like Austin Hays, Mike Yastrzemski, Mike Tauchman, and Rob Refsnyder.

Of course, another option would be for the Phillies to look to shed payroll elsewhere on their roster in order to create financial flexibility. That the Phillies are planning to move on from Nick Castellanos this winter is one of the league’s worst-kept secrets. While they evidently plan to try and work out a trade involving the veteran in hopes of saving on at least some of his $20MM salary for next year, the club is lacking in leverage to get that sort of deal done and might wind up releasing him. Gelb suggests that a trade of someone like Alec Bohm or Matt Strahm could be a more likely way to save money, and either player would certainly have more value on the market than Castellanos.

Strahm is due $7.5MM in 2026 and has been a reliable setup man for the Phillies in each of the past three seasons, while Bohm has a 110 wRC+ at third base over the past two years and is projected by MLBTR contributor Matt Swartz for $10.3MM in his final trip through arbitration this winter. Trading both players would free up nearly $18MM in the budget, which would be more than enough to re-up with Bader and Realmuto while still leaving some money left over to add someone like Willi Castro or Yoan Moncada to the mix who could help Edmundo Sosa handle the hot corner until top prospect Aidan Miller is ready to step into the big league lineup. Zolecki notes that Miller could be ready as soon as this coming summer, while fellow top prospects Andrew Painter and Justin Crawford figure to have every opportunity to break camp with the team on Opening Day.

Source: https://www.mlbtraderumors.com/2025/12/phillies-have-offer-out-to-j-t-realmuto.html
 
Phillies Acquire Yoniel Curet

3:31pm: Both clubs have now officially announced the swap.

1:50pm: The Phillies are going to acquire right-hander Yoniel Curet from the Rays. Right-hander Tommy McCollum is going the other way. The Rays designated the Curet for assignment recently to open a roster spot when they signed outfielder Cedric Mullins. Philadelphia’s 40-man roster count jumps from 34 to 35. Reporter Mike Rodriguez first noted that Curet was going to Philly. Matt Gelb of The Athletic reported on McCollum’s inclusion.

Curet, now 23, joins a new organization for the first time. The Rays signed him as an amateur out of the Dominican Republic. By the end of 2023, he was eligible for the Rule 5 draft. He hadn’t even climbed as high as Double-A yet and had shown clear control problems, but he also racked up strikeouts. From 2021 to 2023, he logged 197 innings across various levels with a 2.97 earned run average. He walked 15.3% of batters he faced but also punched them out at a 31.7% clip.

The Rays didn’t want to risk losing him in the Rule 5, so they gave him a 40-man spot. His 2024 season was quite strong. He made 26 starts between High-A and Double-A, throwing 119 innings with a 2.95 ERA. His 11.9% walk rate was still high but an improvement for him, while his 31.5% strikeout rate was relatively unchanged. He had enough hype that Eric Longenhagen of FanGraphs ranked him as the #61 prospect in the whole league going into 2025.

But this year was a bit of a setback for him. He was on the injured list for most of the first half due to an injury in his throwing shoulder. Once healthy, he tossed 55 1/3 innings with a 3.90 ERA, 12.8% walk rate and 25.5% strikeout rate. FanGraphs now lists him as the 11th-best prospect in the Rays’ system.

Due to his control problems, Curet might end up getting pushed to the bullpen. However, he still young and has an option remaining. The Phils can send him to Triple-A and either keep him stretched out or see if his stuff plays up in a relief role.

The Rays squeezed Curet off their roster but are getting a non-roster player in return. McCollum was available in today’s Rule 5 draft but wasn’t selected. According to JJ Cooper of Baseball America, this trade wasn’t able to be finalized until the draft was completed with McCollum going unselected.

McCollum, 27 in June, was an undrafted free agent in 2021. The Phils signed him and he has been pitching as a reliever in their system since then. Somewhat similar to Curet, he has a history of striking guys out while also giving them free passes. From 2021 to 2024, McCollum threw 134 innings with a 3.56 ERA, 31.8% strikeout rate and 15.6% walk rate. In 2025, he reduced the walk rate all the way down to 6.9% but his strikeout rate also fell to 25.5%. He posted a 3.07 ERA in 55 2/3 innings.

Photo courtesy of Kim Klement Neitzel, Imagn Images

Source: https://www.mlbtraderumors.com/2025/12/phillies-to-acquire-yoniel-curet.html
 
2025 Rule 5 Draft Results

The 2025 Rule 5 draft is taking place this afternoon at the Winter Meetings in Orlando. This post will be updated with the results as they come in.

As a refresher, the Rule 5 draft is a way for players potentially talented enough for the big leagues but blocked by their current clubs to find opportunities elsewhere. Any players that were 18 and under at the time of their original signing and went professional in 2021, and any players who turned pro at 19 years of age or older in 2022, are eligible to be selected in the Rule 5 draft if they are not on a 40-man roster.

Though the amateur (Rule 4) draft now has a lottery to determine the selection order, the Rule 5 draft still goes the old-fashioned way of reverse order of standings from the season that just ended. Clubs need to have an open 40-man roster spot in order to make a pick but aren’t obligated to make a selection on their turn. If they do make a pick, they will have to pay $100K to the team they select from. The selected players must stay on the active roster (or injured list) for the entire 2026 season or else be placed on waivers. If they clear waivers, they must be offered back to their original team. They cannot be optioned to the minors.

Players like Anthony Santander and Ryan Pressly have been notable picks in other recent years while guys like George Bell and Roberto Clemente are found deeper in the history books. Last year, 15 players were selected. Only four of those remain with the club who selected them and only three of those have had their rights fully transferred to their new club. The White Sox took Shane Smith from the Brewers. The Marlins took Liam Hicks from the Tigers. Mike Vasil was taken by the Phillies from the Mets but was later traded to the Rays and then went to the White Sox via waivers.

The one other pick from last year’s draft which is still live is Angel Bastardo, who the Blue Jays took from the Red Sox. He was recovering from Tommy John surgery and spent the entire 2025 season on the injured list. He is still on Toronto’s 40-man but they don’t yet have his full rights, as a player needs at least 90 active days to remove the Rule 5 restrictions. If the Jays are willing to roster him for about three months during the 2026 season, they could then gain his full rights and option him to the minors. All other picks were eventually returned to their original organization and/or became free agents.

This year’s picks will be featured below as they come in…

  1. Rockies: RHP RJ Petit (from the Tigers) (Eric Longenhagen of FanGraphs was on this before the official announcement)
  2. White Sox: RHP Jedixson Paez (Red Sox)
  3. Nationals: RHP Griff McGarry (Phillies)
  4. Twins: C Daniel Susac (Athletics) (Susac was then traded to the Giants, per Longenhagen. The Twins will get minor league catcher Miguel Caraballo in return, per Bobby Nightengale of The Minnesota Star Tribune)
  5. Pirates: RHP Carter Baumler (Orioles) (The Pirates then traded Baumler to the Rangers for RHP Jaiker Garcia. Evan Grant of the Dallas Morning News previously suggested Texas would likely get Baumler)
  6. Angels: pass
  7. Orioles: pass
  8. Athletics: RHP Ryan Watson (Giants) (Will be traded to Red Sox, per Chris Cotillo of MassLive. The A’s will get Justin Riemer in return, per Cotillo.)
  9. Braves: pass
  10. Rays: pass
  11. Cardinals: RHP Matt Pushard (Marlins)
  12. Marlins: pass
  13. Diamondbacks: pass
  14. Rangers: pass
  15. Giants: pass
  16. Royals: pass
  17. Reds: pass
  18. Mets: pass
  19. Tigers: pass
  20. Astros: RHP Roddery Muñoz (Reds)
  21. Guardians: RHP Peyton Pallette (White Sox)
  22. Red Sox: pass
  23. Mariners: pass
  24. Padres: pass
  25. Cubs: pass
  26. Dodgers: pass
  27. Blue Jays: RHP Spencer Miles (Giants)
  28. Yankees: RHP Cade Winquest (Cardinals)
  29. Phillies: RHP Zach McCambley (Marlins)
  30. Brewers: pass

Second round (all others passed)


Photo courtesy of Mike Watters, Imagn Images

Source: https://www.mlbtraderumors.com/2025/12/2025-rule-5-draft-results.html
 
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