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[New York Yankees]

Yankees Interested In JoJo Romero

The Cardinals have been getting a lot of calls about left-hander JoJo Romero, and Derrick Goold of the St. Louis Post-Dispatch reports that the Yankees are one of the teams showing interest. The Mariners were the only other team publicly known to be in on Romero, though it isn’t known if Seattle is still involved now that Jose A. Ferrer has been acquired from the Nationals.

Romero is projected to earn $4.4MM in 2026, which is his final season of arbitration control before free agency. With the Cardinals in rebuild mode, Romero is a logical trade candidate, and moving him now rather than at the trade deadline allows St. Louis to both land a larger return and avoid the risk of an in-season injury to the 29-year-old southpaw.

From New York’s perspective, Devin Williams and Mark Leiter Jr. have both departed in free agency, and Luke Weaver is still on the open market. Ryan Yarbrough was re-signed to add more left-handed depth to the pen, though Yarbrough is more of a swingman than a true reliever. Veteran Tim Hill is expected to hold down one lefty spot in the relief corps, and Brent Headrick and Jayvien Sandridge are other left-handers on the 40-man roster.

There’s certainly room here for the Yankees to add some left-handed experience to the mix, and Romero would be a nice fit after three seasons of success in the Cardinals’ bullpen. Romero began his career in the Phillies organization but didn’t start putting things together until he landed in St. Louis as the return in the trade deadline swap that brought Edmundo Sosa to Philadelphia in 2022.

Romero has a 2.93 ERA over 156 2/3 innings for the Cards since Opening Day 2023, and his ERA has gotten progressively better in each season. His sparkling 2.07 ERA over 61 innings in 2025 was the highlight, though a 4.10 SIERA reflects Romero’s lack of strikeouts and his mediocre 11.4% walk rate. The latter number was by far Romero’s highest over his three seasons with the Cards, and is something of an ominous callback to the control problems that clouded his time with the Phillies.

Still, Romero’s bread-and-butter is inducing grounders and soft contact. Romero has a 53.7% grounder rate over his MLB career, and his 35.1% hard-hit ball rate in 2025 was a personal best over a full season. While his homer rate has been known to fluctuate, Romero did a great job of keeping the ball in the park last year, with just two homers allowed over his 60 frames. Romero’s 22.8% career strikeout rate is respectable enough that Romero isn’t a complete groundball specialist, even if he doesn’t miss a ton of bats.

Some teams may balk at the lack of strikeouts, but overall, it makes sense that there’s broad interest in an inexpensive left-handed reliever with Romero’s track record for leverage work. That said, it isn’t a lock that Romero will be dealt, as Goold writes that the Cardinals themselves are looking for experienced relief help in their bullpen. If none can be found in free agency or on the trade market, it is possible St. Louis might just stick with Romero in lieu of a particularly attractive trade offer, and perhaps wait until the season begins to restart trade talks. Or, if the Cardinals land another veteran reliever sooner rather than later, the Cards might feel secure enough to start more readily shopping Romero.

Source: https://www.mlbtraderumors.com/2025/12/yankees-interested-in-jojo-romero.html

 

[New York Yankees]

Latest On Michael King’s Free Agency

1:35pm: The Boston Globe’s initial report has been clarified to note that, while the Red Sox, Yankees, and Orioles are among the teams King is considering, there are no finalists for his services at this point.

1:11pm: Right-hander Michael King has narrowed his search for a new team to three options, according to a report from Peter Abraham of the Boston Globe. Those teams are the Red Sox, Yankees, and Orioles. Additionally, Chris Cotillo of MassLive reports that the Rhode Island native and Boston College alum has “strong interest” in playing for Boston. Abraham notes that King would like to make a decision on his destination soon.

King, 30 has been among the league’s most widely sought-after starters this winter. He’s been connected to the Mets, Cubs, Tigers, Marlins, Angels, and Blue Jays in addition to the three apparent finalists for his services, and it’s not hard to see why the right-hander would garner such widespread interest. The 30-year-old flashed significant upside during his 2024 season with the Padres, when he pitched to a 2.95 ERA in 173 2/3 innings of work with a 3.33 FIP and a 27.7% strikeout rate. That was a strong enough performance to earn him a seventh-place finish in NL Cy Young award voting that year, which was his first as a full-time starter.

The right-hander seemingly appeared to be lined up for a massive payday heading into his platform season of 2025, but injuries complicated things this past year. King was limited to just 15 starts by a nerve issue in his shoulder (as well as a less significant knee injury late in the year), and while he dominated to the tune of a 2.59 ERA, 3.26 FIP, and a 28.4% strikeout rate in ten appearances prior to the shoulder injury, he didn’t look quite the same after returning with a 6.11 ERA and a 14.5% strikeout rate a 10.8% walk rate across his final five appearances in the regular season.

King moved to the bullpen for San Diego’s Wild Card series against the Cubs and looked more like himself as he struck out the side on 19 pitches in a scoreless inning of work, but headed into the offseason his second half struggles and significant injury woes left cause for concern as he entered free agency. He received a qualifying offer from the Padres, a positive sign that the club didn’t see King’s injuries as too concerning for the 2026 campaign, and declined it in order to pursue a multi-year pact in free agency.

Looking at the three teams still in the running for King’s services, the Orioles stand out as the team with the biggest need in their rotation. The club is coming off a deeply disappointing 2025 campaign where their decision to eschew high-end arms in free agency came back to bite them, as rolls of the dice on Charlie Morton and Tomoyuki Sugano failed to bear fruit while Zach Eflin took a big step back from his previous work with the Rays. While Kyle Bradish and Trevor Rogers could plausibly form an exciting front-of-the-rotation duo for the Orioles next year, adding at least one proven, playoff-caliber starter to the mix has been the team’s clear priority this winter.

King would certainly fit that mold if healthy, and likely could do so without breaking the bank and requiring Baltimore to commit to a second nine-figure contract this winter after they signed Pete Alonso last week. MLBTR predicted King to land a four-year, $80MM contract as the #14 ranked free agent in this offseason. Of course, with top-of-the-rotation upside and an expected contract price tag and length that falls below that of your typical front-end starter, there’s plenty of room for a more opportunistic team to get involved.

That’s likely where the Red Sox come in, given that Boston is incredibly deep in pitching talent as it is. Garrett Crochet leads a rotation that figures to also include Sonny Gray and Brayan Bello at the front end, with players like Johan Oviedo, Patrick Sandoval, and Connelly Early in the mix for the final spots as things stand. Kutter Crawford, Payton Tolle, Kyle Harrison, and Hunter Dobbins are among the pitchers who figure to serve as depth for the Red Sox this year, an embarrassment of riches that make adding a starter in free agency more of a luxury than a necessity.

Even so, landing King on a deal that the Red Sox perceive as good value would still make sense, as it could free them up to more fully explore trades involving some of their young pitching talent. Boston has already been connected to Ketel Marte, Willson Contreras, and Isaac Paredes on the free agent market as they search for help on offense this winter, and perhaps signing King and trading from their pitching depth to land one of those big names could be more attractive as an option than taking a swing on one of the big bats still available in free agency.

As for the Yankees, a reunion with the team King spent the first five years of his MLB career with splits the difference between the extremes Baltimore and Boston represent. New York isn’t in desperate need of a front-of-the-rotation ace with Max Fried already in place and Gerrit Cole expected back from Tommy John surgery at some point next year, but their rotation could certainly use additional depth. Cole and Carlos Rodon are both not expected to be ready for the start of the 2026 campaign, while Clarke Schmidt figures to miss most if not all of next year.

That leaves the Yankees with an Opening Day rotation of Fried, Cam Schlittler, Luis Gil, Will Warren, and Allan Winans. Given Winans’s lack of MLB experience and Gil’s significant injury history, there’s certainly room for another quality starter in the Yankees’ rotation mix even if they don’t necessarily need one with the same level of upside that King offers. Even so, King was a popular player during his time with the Bronx and well-liked within the organization. Between the potential value to be had on King’s contract and his past connection to the club, it’s hardly a surprise that New York would get involved in his market as they survey the offseason landscape for rotation help.

Source: https://www.mlbtraderumors.com/2025/12/red-sox-yankees-orioles-finalists-for-michael-king.html

 

[New York Yankees]

Yankees To Re-Sign Amed Rosario

The Yankees are re-signing infielder Amed Rosario to a one-year contract. The deal pays Rosario $2.5MM in salary, plus another $225K is available in incentive bonuses. Rosario is represented by Octagon.

Acquired from the Nationals at the trade deadline, Rosario hit .303/.303/.485 over 33 plate appearances and 16 games for New York, and his playing time was further limited by a 10-day injured list stint due to a left SC joint sprain. Still, Rosario lived up to expectations by chipping in at second base, third base, and in right field, while providing the Yankees with a productive right-handed hitting bat.

That righty-swinging balance is a plus within a New York lineup that is heavy in left-handed batters, and having Rosario back will give the Yankees some platoon flexibility with either Ryan McMahon at third base or even Jazz Chisholm Jr. at second base. McMahon is a superb defender but a much lesser hitter than Chisholm, so Rosario will probably get most of his playing time spelling McMahon at least against southpaws.

Once regarded as one of baseball’s top prospects during his time in the Mets’ farm system, Rosario posted some okay offensive numbers as a regular with the Mets and Guardians. His overall effectiveness was limited by a lack of walks, struggles against right-handed pitching, and subpar defending at the shortstop position.

Though he is only entering his age-30 season, Rosario now looks to have settled into a role as a part-time player who can fill in at multiple positions, though he doesn’t provide much defensive value anywhere. His biggest plus is his ability to hit southpaws, as Rosario has a career .298/.336/.464 slash line in 1196 PA against left-handed pitching.

The Yankees clearly liked what they saw in Rosario last year, and after bouncing around to six different teams since the start of the 2023 season, Rosario probably appreciates some stability in returning to the Bronx for a full season in the pinstripes. He receives a slight raise over the $2MM deal he received from Washington last winter.

With Rosario back in the fold, the Yankees have brought some experienced depth back into the infield mix. Anthony Volpe will miss the start of the season recovering from shoulder surgery, so if Jose Caballero ends up getting a lot of the shortstop time in Volpe’s absence, Rosario’s presence helps fill the utility void on New York’s bench. Brendan Donovan is another versatile player known to be on the Yankees’ trade radar, plus the club has also been more loosely linked to All-Star Bo Bichette, in what would be an even more seismic shake-up of the Bronx infield.

Jack Curry of YES Network was the first to report that Rosario was re-signing with the Yankees on a one-year deal. Jon Heyman of the New York Post reported Rosario’s $2.5MM salary, and ESPN’s Jorge Castillo added the news about the incentive bonuses.

Source: https://www.mlbtraderumors.com/2025/12/yankees-to-re-sign-amed-rosario.html

 

[New York Yankees]

Teams Have Shown Interest In Jazz Chisholm Jr.

Teams have shown interest in infielder Jazz Chisholm Jr. and the Yankees have listened, according to reporting from Bryan Hoch of MLB.com and Jeff Passan of ESPN. Neither report suggests the Yanks are shopping him or are even likely to move him, but it’s notable that other clubs are exploring the possibility.

It’s unsurprising that clubs would call, as Chisholm is very good and coming off the best season of his career so far. He hit 31 home runs and stole 31 bases this year. His 27.9% strikeout rate was a bit high but nothing new for him, while his 10.9% walk rate was a personal best. His .242/.332/.481 batting line led to a 126 wRC+, indicating he was 26% better than league average at the plate.

Defensively, he played a decent amount of second and third base in the first half. The Yanks eventually acquired Ryan McMahon and put him at the hot corner, which allowed Chisholm to settle in as the regular at second. Chisholm was credited with two Defensive Runs Saved and eight Outs Above Average at the keystone on the year. Put it all together and FanGraphs considered him to be worth 4.4 wins above replacement.

That performance makes him very attractive and his contractual situation does as well. Chisholm is under club control for one more season with MLBTR contributor Matt Swartz projecting him for a salary of $10.2MM next year. That’s less than half of this year’s $22.025MM qualifying offer.

All of those factors make Chisholm valuable for the Yankees in 2026 but he may not be in their long-term plans. He has seemingly been more interested in an extension than the club has. That’s probably not an indictment of Chisholm himself as the Yanks don’t do many extensions, with just three in the past decade and none in the past six years. General manager Brian Cashman tells Hoch this week that the club is “open-minded” about trade overtures coming from other clubs as they look for pitching upgrades.

In addition to bringing back pitching, a Chisholm trade would balance out the lineup, as Cashman tells Hoch it is too left-handed. They have two big righty bats in Aaron Judge and Giancarlo Stanton but Chisholm is one of several lefties, alongside McMahon, Trent Grisham, Ben Rice and Austin Wells. Bench guys J.C. Escarra and Jorbit Vivas are also lefties, while Jasson Domínguez and Oswaldo Cabrera are switch-hitters, with Domínguez hitting much better from the left side. Prospect Spencer Jones, who could work his way into the picture this year, is also a lefty.

Trading Chisholm would leave a hole in the middle infield in the short term. Shortstop Anthony Volpe recently underwent shoulder surgery and is expected to start 2026 on the injured list. That will leave José Caballero at short to begin the season. Amed Rosario was recently signed but essentially to be a short-side platoon guy, as he’s a righty who hits lefties well. Prospect George Lombard Jr. could be the shortstop of the future but he’s currently only 20 years old and hasn’t reached Triple-A yet. Vivas and Cabrera are in the mix as bench/utility guys alongside Rosario.

Between Lombard, Volpe and Caballero, perhaps the Yankees feel they have enough to cover the middle infield in the long run. But in 2026, Volpe’s uncertain health status and Lombard’s lack of experience make Chisholm a good bridge.

It’s possible the payroll pushes the club to consider a trade now, which is an odd thing to say about the Yankees. Owner Hal Steinbrenner has previously expressed a desire to run a payroll under $300MM. Cashman was recently noncommittal about whether the club would eclipse that number in 2026. RosterResource currently has them pegged for a pure payroll of $261MM with a competitive balance tax calculation of $285MM.

Trading Chisholm wouldn’t save a ton but it would allow them to potentially bolster their roster without going to free agency. They are known to be looking for pitching upgrades and could look to bolster their outfield as well. It’s also theoretically possible to imagine the Yankees trading Chisholm for pitching, followed by a pivot to free agency to replace him, blowing past their payroll concerns. Bo Bichette and Ha-Seong Kim are still out there on the open market.

Front offices generally consider all sorts of trade scenarios that don’t come to fruition. The second base market currently features many theoretical possibilities which may or may not lead anywhere. There have been plenty of rumors surrounding guys like Ketel Marte of the Diamondbacks, Brendan Donovan of the Cardinals, Jeff McNeil of the Mets, Brandon Lowe of the Rays and Jake Cronenworth of the Padres. With those other options, that could dilute what teams offer to the Yankees. On the other hand, none of those guys are a lock to move, so perhaps teams are evaluating all potential paths. Clubs like the Giants, Mariners, Pirates, Guardians, Astros and others have been connected to the second base trade candidates.

Photo courtesy of David Richard, Imagn Images

Source: https://www.mlbtraderumors.com/2025/12/teams-have-shown-interest-in-jazz-chisholm-jr.html

 

[New York Yankees]

Mutual Interest In Reunion Between Luke Weaver, Yankees

The Yankees have expressed “genuine interest” in bringing right-hander Luke Weaver back into the fold, according to a report from The Athletic’s Chris Kirschner. Weaver has likewise expressed interest in a reunion, though Kirschner notes that the righty is weighing his options and is seeking a multi-year deal this winter. The report adds that “about 10 teams” have at least checked in on Weaver this offseason.

Weaver, 32, was a first-round pick by the Cardinals back in 2014 and struggled as a back-of-the-rotation starter in the majors for years before moving to the bullpen with the Yankees in 2024. He’s been excellent in that role over the past two years, with a 3.21 ERA and 3.58 FIP across 148 2/3 innings of work. He’s picked up 12 saves with the Yankees in that time, but struggled late in the 2025 season with a 5.35 ERA from the start of July onwards, including a 9.64 ERA in 12 September appearances. Worrying as that late-season meltdown might be, however, a 2.96 xERA and 3.44 SIERA both indicate that he’s still a quality reliever and remains among the best options available on the market.

That’s especially true after the run on high-end relievers that’s taken place in the early weeks of free agency. Edwin Diaz, Devin Williams, Tyler Rogers, Raisel Iglesias, Kyle Finnegan, and Emilio Pagan are just some of the names on an expansive list of late-innings arms who have already landed somewhere, while the Yankees have yet to add to their bullpen at all this winter. The summer’s additions of David Bednar and Camilo Doval help to reduce pressure to land a high-end relief arm, but the loss of Williams and the potential loss of Weaver still leave a hole towards the back of the Yankees’ bullpen. Weaver is joined by former Rays closer Pete Fairbanks and 2025 standout Brad Keller as the top remaining relief arms in free agency, and it would surely behoove New York to add at least one of those players.

Of course, that doesn’t mean a deal will necessarily come together. The Yankees, as Kirschner notes, have recently been hesitant to give out multi-year deals to relievers in free agency. With Weaver seeking a multi-year contract and garnering interest from as much as a third of the league, it’s entirely possible that he’ll find the offer he’s looking for elsewhere if the Yankees aren’t willing to meet that price tag. The Cubs, Marlins, and Mets are among the other teams known to be looking for late-inning relievers this winter. If the Yankees continue to be hesitant about adding a multi-year reliever, they could move down a tier in free agency and target arms like Pierce Johnson, Chris Martin, or perhaps even old friend David Robertson. The trade market could provide another alternative, where Cardinals lefty JoJo Romero is among those known to be available.

Source: https://www.mlbtraderumors.com/2025/12/mutual-interest-in-reunion-between-luke-weaver-yankees.html

 

[New York Yankees]

Yankees’ Allan Winans Granted Release To Pursue Opportunity In Japan

The Yankees have granted right-hander Allan Winans his release so that he can sign with a team in Japan’s Nippon Professional Baseball, reports Joel Sherman of the New York Post. It’s not yet clear which team the 30-year-old righty will be joining. His release opens a spot on the Yankees’ 40-man roster, which is now down to 36 players.

Situations such as this one tend to benefit all parties. The Yankees will lose some depth, but Winans wasn’t a lock to last the whole offseason on their 40-man roster anyhow — particularly since he’s out of minor league options. Japanese teams typically pay a release fee of a few hundred thousand dollars to a player’s MLB club in order to facilitate the release. Winans, meanwhile, will earn far more pitching overseas than he would on a split big league deal that sees him oscillate between Triple-A and the majors.

Winans has pitched in each of the past three major league seasons, albeit sparingly. He’s totaled 49 1/3 innings between Atlanta and New York but been roughed up for a 7.48 ERA in that time. His track record in Triple-A is superlative, however. He’s spent parts of fours seasons between the Braves’ top affiliate in Gwinnett and the Yankees’ top affiliate in Scranton/Wilkes-Barre, combining for a 2.79 ERA with a 23.1% strikeout rate and 6.9% walk rate in 355 1/3 innings.

Despite that success at the top minor league level, Winans has been hit quite hard in the majors. The flat 90 mph he’s averaged on his four-seamer in the big leagues is well below the average in today’s era of increased velocity but is more common in NPB, where the average heater sits closer to 91 mph. Given his sharp command and strong track record in the minors, Winans should command a rotation spot in NPB and could fare quite well.

It’s increasingly common to see pitchers thrive overseas and come back to North America on notable free agent deals, though most typically throw harder than Winans. Pitching well in Japan could also position him to re-sign on a more lucrative deal in subsequent seasons. There are plenty of former fringe 40-man players in the majors who’ve gone overseas and enjoyed lengthy, lucrative careers pitching in NPB, the Korea Baseball Organization and/or Taiwan’s Chinese Professional Baseball League.

Source: https://www.mlbtraderumors.com/2025/12/yankees-release-allan-winans-sign-japan-npb.html

 

[New York Yankees]

Mets To Sign Luke Weaver

The Mets are working to finalize a two-year, $22MM deal with free agent reliever Luke Weaver, reports Joel Sherman of the New York Post. The two sides have an agreement in place, per Will Sammon of The Athletic. The deal is pending a physical. Weaver is repped by Excel Sports Management. The Mets have a full 40-man roster and will need a corresponding move to make this deal official.

The two-year, $22MM terms are the exact same ones as the just-agreed-upon deal between the division-rival Phillies and righty Brad Keller. Like Keller, Weaver is a starter-turned-reliever who’s found notable success pitching near the back of a big-market contender’s bullpen.

Weaver, 32, has spent the past two-plus seasons as a key late-inning arm over in the Bronx. A rocky finish to the 2025 season inflated his earned run average to 3.62 but since signing with the Yankees late in the 2023 campaign, Weaver touts a 3.22 ERA, 29.4% strikeout rate and 7.5% walk rate in 162 innings of relief. He saved a dozen games and picked up 43 holds along the way, blowing only four other opportunities in that time. It’s presumably just coincidence, but the Mets now employ Weaver, Devin Williams and Clay Holmes (who’s moved into the rotation) — the Yankees’ three highest-leverage arms for the bulk of the 2024-25 seasons.

A first-round pick by the Cardinals back in 2014, Weaver debuted in the St. Louis rotation in 2016 and showed some promise as a starter there in 2017-18. The Cards flipped him to the D-backs as part of the return for star first baseman Paul Goldschmidt, and Weaver looked to be on the cusp of a full-fledged breakout in 2019. He started a dozen games and pitched to a 2.94 ERA with plus strikeout and walk rates before a forearm strain ended his season. Subsequent shoulder and elbow injuries doomed the rest of Weaver’s D-backs tenure; from 2020-23, he pitched to a 5.95 ERA while bouncing between five clubs.

The last of those five stops, however, was in the Bronx. He made enough of an impression in three late-season starts to sign a $2.5MM big league deal in the offseason — one that contained a 2025 club option. It proved to be a raucous bargain for the team and a career-saving deal for Weaver, who rebuilt himself into a coveted bullpen arm and now lands the largest payday of his 12-year professional career. Despite that strong run in the Bronx and some reported interest in a reunion, the Yanks were not in the bidding for Weaver, per Sherman.

Back in September, Weaver expressed some openness to returning to a starting role if a team gave him a chance, but that doesn’t seem to be at play here. Anthony DiComo of MLB.com writes that Weaver will slot into the bullpen. It’s unclear if that’s sourced reporting or deduction but there hasn’t been anything to suggest the Mets plan on giving Weaver a rotation gig. The price of Weaver’s deal is right around expectations. At the beginning of the offseason, MLBTR predicted him for an $18MM guarantee over two years, an estimate that he has marginally beaten.

New York had a middling bullpen in 2025. Their collective 3.93 ERA was 15th in the majors. It was even worse later in the year as the season slipped away from the club. Over August and September, the relief corps had a collective 4.18 ERA. At season’s end, Edwin Díaz, Tyler Rogers, Gregory Soto, Ryan Helsley and others hit free agency, further thinning out the group. Those four have already signed with other clubs.

The Mets have signed Williams and now Weaver to fortify the group. They will slot in among incumbent arms like A.J. Minter, Brooks Raley, Huascar Brazobán and others. Presumably, there are still more bullpen moves to come.

RosterResource, assuming an equal distribution of Weaver’s guarantee over two years, now projects the Mets for a $305MM payroll and a $307MM competitive balance tax figure. Since they have paid the tax in at least three straight years, they face compounding taxation rates. The top tier of the tax in 2026 is $304MM, so this deal pushes them over. That means they will pay a 110% tax on any further spending, though that’s nothing new for them.

There are still several items on the to-do list for the Mets this winter. Sammon wrote earlier this week that the club is still looking for a front-of-rotation starter and an offensive upgrade. That could come via free agency but there have also been plenty of trade rumors surrounding Jeff McNeil, Kodai Senga, David Peterson, Mark Vientos, Ronny Mauricio and Luisangel Acuña. For now, Weaver upgrades the bullpen at market price.

Photo courtesy of Jeff Curry, Brad Penner, Imagn Images

Source: https://www.mlbtraderumors.com/2025/12/mets-finalizing-deal-with-luke-weaver.html

 

[New York Yankees]

Nine Teams Exceeded Luxury Tax Threshold In 2025

Major League Baseball has finalized its calculations of teams’ competitive balance tax payrolls for the 2025 season. As first reported by The Associated Press, nine teams surpassed the $241MM base threshold. In a separate post, The AP lists the finalized CBT numbers for all 30 teams.

The payments are as follows:

• Dodgers: $169.4MM
• Mets: $91.6MM
• Yankees: $61.8MM
• Phillies: $56.1MM
• Blue Jays: $13.6MM
• Padres: $7MM
• Astros: $1.5MM
• Red Sox: $1.5MM
• Rangers: $190K

Teams pay escalating penalties for exceeding the threshold in consecutive seasons. The Dodgers, Mets, Yankees, Phillies and Rangers have all paid the tax in at least three straight years — subjecting them to the highest escalator fees. The Astros went over the line for the second straight season. The Blue Jays, Padres and Red Sox had gotten below in 2024 and are categorized as first-time payors.

This is the second straight year in which nine teams paid the CBT. The Braves, Giants and Cubs had gone over the line in ’24 but dipped below this year, which resets their status going into 2026. Atlanta’s active offseason puts them in position to go back into tax territory next year, when the base threshold climbs to $244MM. San Francisco and Chicago each have projected CBT numbers more than $40MM below that right now.

While public estimates from RosterResource and Cot’s Baseball Contracts offer an excellent approximation of teams’ payroll commitments, the official numbers are not available during the season. It’s not uncommon for rounding errors in those calculations to vary by a few million dollars. That generally isn’t a big deal but can matter for teams that are hovering very close to the tax line. Each of the Red Sox ($249MM payroll), Astros ($246MM) and Rangers ($241.38MM) were believed to have gone narrowly beyond the $241MM cutoff, but that wasn’t 100% established until this evening — particularly in the case of Texas.

The Dodgers ($417MM), Mets ($347MM), Yankees ($320MM), Phillies ($314MM) and Blue Jays ($286MM) all had payrolls above $281MM. That was the third tier of penalization and marked the point at which a team’s top draft pick is dropped by 10 spots. The Mets were the only of those five that didn’t make the playoffs. Their top pick drops from 17th to 27th. The Yankees, Philadelphia, Toronto and L.A. all have their first-round pick dropped to between 35th and 40th.

Teams that paid the CBT are entitled to the lowest level of compensation for losing free agents who declined a qualifying offer. They receive a draft choice after the fourth round for each qualified free agent who walks. They’re charged the heaviest penalty — their second- and fifth-highest picks in 2026 and $1MM from their ’27 international bonus pool — for signing a qualified free agent from another team.

San Diego and the Mets receive a pick after the fourth round for losing Dylan Cease and Edwin Díaz, respectively. Toronto (Bo Bichette), Houston (Framber Valdez) and Philadelphia (Ranger Suárez) would receive the same if their free agents sign elsewhere. The Dodgers surrendered their second- and fifth-round selections for Díaz. Toronto is slated to do the same for Cease, but if Bichette walks, they’d give up that compensatory pick instead and get their fifth-rounder back.

The Dodgers’ combined payroll and tax bill for the 2025 season lands north of $586MM. The two-time defending champions’ tax hit alone is higher than the payrolls of the bottom 12 teams in the league. There were 14 clubs that had a CBT number above $200MM. The Braves, Cubs, Giants, Angels, Diamondbacks and Mariners were the other six teams above the median. All but Seattle spent more than $200MM.

On the other end, the Marlins ($87MM) and White Sox ($92MM) were the two teams with payrolls below $100MM. The Rays ($103MM), Pirates ($109MM) and Athletics ($118MM) rounded out the bottom five — followed by the Guardians, Nationals, Twins, Brewers and Reds.

Overall, the league will collect just under $403MM in taxes. Teams must make the payments by January 21. The first $3.5MM will be used to fund player benefits. Half the remaining money goes to players’ retirement accounts, while the other half is used for revenue sharing distribution from MLB to teams.

Source: https://www.mlbtraderumors.com/2025/12/nine-teams-exceeded-luxury-tax-threshold-in-2025.html

 

[New York Yankees]

Details On Ketel Marte’s No-Trade Protection

The seven-year contract extension Ketel Marte signed with the Diamondbacks last April included a five-team no-trade clause, which adds an interesting wrinkle to the trade rumors that have swirled around the former NLCS MVP in recent weeks. As reported by The Athletic’s Ken Rosenthal, the Athletics, Cardinals, Giants, Pirates, and Yankees are the five teams included on Marte’s current list, which can be updated every offseason.

There are any number of reasons why a player may include a particular team on a no-trade list, and it is worth noting that Marte could still ultimately approve a deal to any of these clubs. There is no obvious geographic link between the five teams, and while the Yankees were the only member of the group to reach the 2025 playoffs, the Giants, Pirates, and even the A’s are all looking to compete in 2026. The Cardinals are in rebuild mode, so it is safe to say they weren’t in the running to acquire Marte anyway.

Interestingly, the Pirates and Giants have been linked to Marte’s trade market. Now that Pittsburgh has landed Brandon Lowe from the Rays in yesterday’s big three-team swap, the Bucs may feel their second base needs have been addressed, though there is a world where Lowe could be a primary DH and Marte could still be brought aboard. Still, there’s such a hefty amount of money remaining on Marte’s contract that a trade to the budget-conscious Pirates always seemed like an imperfect fit, and Marte’s no-trade list might well underline his own reservations about joining a team with just one winning season in the last decade.

San Francisco has also topped the .500 mark only once in the last nine seasons, but the Giants have been much more willing to spend in their bid to return to consistent contention. While ownership is wary about making another long-term financial commitment, Marte’s deal could be viewed as a relative bargain, since he would land way more than $102.5MM on a six-year deal if he was a free agent this winter.

Second base is a need position for the Giants, though perhaps not as pressing as the club’s need for more rotation help. Making a big splash in acquiring Marte might not be as big a priority, in that case, plus there are the added obstacles of Marte’s no-trade protection and the Diamondbacks’ probable reluctance to move the All-Star to a division rival. San Francisco is considered to be one of the favorites to pry Brendan Donovan away from the Cardinals, so that might end up being the Giants’ big move to address the keystone.

The Giants and Pirates each play in pitcher-friendly ballparks, which might factor into Marte’s reasoning for including the teams on his list. Sutter Health Park is extremely hitter-friendly, yet it is fair to wonder if Marte just doesn’t want to play in a minor league stadium for at least the next two seasons while the A’s await the construction of their new ballpark in Las Vegas.

The A’s have a big hole at second base, and acquiring Marte would add another top-tier bat to a lineup that already includes Nick Kurtz, Brent Rooker, Tyler Soderstrom, Jacob Wilson, and Shea Langeliers. While the A’s have been a bit more willing to spend over the last year, Marte’s remaining salary would represent a new spending frontier for the traditionally low-payroll team. Hypothetically, Luis Severino could be included in a Marte trade as salary offset, but that assumes Arizona (who needs rotation help) has any interest in Severino in the wake of his uninspiring 2025 season.

The Yankees are the most interesting inclusion on Marte’s list, as one would think he would welcome a chance to join a perennial contender. Jazz Chisholm Jr. is already playing second base in the Bronx, but Chisholm is a free agent next winter, so Marte would represent a longer-term answer at the position. Purely speculatively, any kind of Diamondbacks/Yankees trade involving Marte could see Chisholm going the other way, to give Arizona a one-year stopgap at second or third base.

Re-signing Cody Bellinger is thought be the Yankees’ top offseason priority, though New York might pivot to other backup plans should Bellinger sign elsewhere. Landing Marte would certainly qualify as a substantial Plan B, yet his no-trade clause might make any potential trade a moot point.

Amidst all of the reports and speculation, it remains unclear if the Diamondbacks actually will trade away a star player who received such a lengthy contract extension less than a year ago. With Lowe now in Pittsburgh, however, one big second-base trade chip has been removed from the board, leaving other teams in need of keystone help perhaps more open to meeting Arizona’s demands for Marte. Beyond the Pirates and Giants, such teams as the Mariners, Rays, Red Sox, Blue Jays, Phillies, and Tigers have all reportedly shown some degree of interest in a Marte trade this winter.

Source: https://www.mlbtraderumors.com/2025/12/details-on-ketel-martes-no-trade-protection.html

 

[New York Yankees]

Yankees To Re-Sign Paul Blackburn

The Yankees are expected to re-sign right-hander Paul Blackburn, reports Jon Heyman of the New York Post. It’s a one-year deal worth $2MM. The Boras Corporation client can earn an additional $500K through incentives.

Blackburn landed with the Yankees after getting released by the Mets in August. He made eight appearances with the club, recording a 5.28 ERA with more than a strikeout per inning. Blackburn had been a starter for the majority of his career, but worked strictly as a reliever with the Yankees. The now 32-year-old had a miserable debut with the team, allowing seven earned runs in 3 1/3 innings to begin his time in the Bronx. He bounced back from there, holding opponents to just two earned runs over his next 12 innings.

Blackburn spent the first seven years of his big-league career with the Athletics. He offered modest results as a back-of-the-rotation depth piece, with stretches of above-average performance. The Mets picked up Blackburn in a minor trade at the 2024 deadline. He struggled through five starts with the team to close that season. Blackburn dealt with spine and knee injuries heading into the 2025 campaign. He didn’t appear in a game until June, and then missed another six weeks with a shoulder issue. Blackburn tossed five scoreless innings in his first outing of the season. He then gave up at least three runs in each of the next five appearances.

While Blackburn was solely a reliever for the Yankees, the contract incentives suggest there might be room for a rotation spot. He gets $100K if he reaches 80 innings, and an additional $100K for each 10-inning milestone he hits up through 120 innings. New York has a relatively soft rotation behind Max Fried and Cam Schlittler. Luis Gil, Will Warren, and Ryan Yarbrough will likely fill out the rest of the staff. Carlos Rodon, Gerrit Cole, and Clarke Schmidt are currently on the mend.

Source: https://www.mlbtraderumors.com/2025/12/yankees-to-re-sign-paul-blackburn.html

 

[New York Yankees]

Yankees Agree To Minor League Deals With Ali Sanchez, Zack Short

The Yankees have agreed to minor league contracts with catcher Ali Sánchez and infielder Zack Short, per the team’s transaction log at MLB.com. Both former big leaguers will presumably be in major league camp next spring.

Sanchez is a right-handed-hitting catcher with experience in parts of four major league seasons. He’ll turn 29 in a month. He split the 2025 campaign between the Mets, Blue Jays and Red Sox organizations, logging some major league time with the latter two. Sanchez has only 133 big league plate appearances under his belt and is a .183/.220/.233 hitter in that time. He’s a solid defender who has played in parts of five Triple-A seasons, including a 2025 campaign in which he slashed .274/.336/.411 (102 wRC+) in 57 games between the top affiliates for the Mets and Jays.

Short, 30, is another glove-first player who’s seen limited action in the majors. The former 17th-round pick has suited up for the Astros, Tigers, Mets, Red Sox and Braves in the majors, hitting a combined .172/.271/.296 with 15 home runs and 10 steals in 594 turns at the plate. He strikes out too often but also draws plenty of walks.

Short, fittingly, has spent the bulk of his time in the majors playing shortstop, but he’s also spent significant time at third base and second base (in addition to one-off cameos in center field and right field). He’s drawn better marks for his defense at second base than the other spots but still gives the Yankees some versatility to stash in Triple-A, where he’s a .216/.353/.380 hitter in parts of six seasons.

New York currently has Austin Wells and J.C. Escarra ticketed for big league catching work. Sanchez will provide some depth beyond that duo. Short is behind each of Anthony Volpe, Jazz Chisholm Jr., Ryan McMahon, Oswaldo Cabrera and Amed Rosario on the infield depth chart. Out-of-options infielders Jorbit Vivas and Braden Shewmake are both on the 40-man roster as well.

Source: https://www.mlbtraderumors.com/2025/12/yankees-sign-ali-sanchez-zack-short-minor-league-deal.html

 

[New York Yankees]

Yankees Interested, Royals Remain Interested In Austin Hays

The New York Post’s Jon Heyman reports this morning that the Royals “remain interested” in signing Austin Hays, despite having recently acquired outfielders Isaac Collins and Lane Thomas. This lines up with previous reporting suggesting that president of baseball operations J.J. Picollo is still searching for upgrades after his outfielders finished last in MLB in runs scored, RBI, on-base percentage, OPS, wRC+, and FanGraphs WAR in 2025. Heyman first connected Hays and the Royals earlier this month.

Heyman also notes that the Yankees have “checked in” on Hays, although they might only be interested in adding him if they can’t re-sign Cody Bellinger, whom the New York Post reporter describes as their top target. In contrast to the Royals, the Yankees led the majors in most offensive categories from the outfield this past year, including runs scored, home runs, RBI, all three triple-slash metrics, wRC+, and fWAR. Bellinger was a key contributor to that effort, and it’s no surprise the Bronx Bombers would love to team him up with Aaron Judge and Trent Grisham once again. Their interest in retaining Bellinger is hardly breaking news.

This is, however, the first time the Yankees have been linked to Hays. Heyman reported a month ago that Kyle Tucker could be their “backup plan” if they missed out on Bellinger, and needless to say, Hays would not be the same kind of outfield upgrade. In fact, it’s less clear if Hays would be an upgrade at all. The young switch-hitter Jasson Domínguez certainly has a higher ceiling, while Amed Rosario, though limited in his outfield experience, is already on the roster to fill a righty-batting utility role. Whether the Yankees’ reported interest in Hays suggests a lack of faith in Domínguez to become an everyday player, a lack of faith in Rosario to play the outfield, or simply GM Brian Cashman doing his due diligence remains to be seen.

Yesterday, Heyman reported that the Mets’ front office had engaged in conversations about signing Hays. Considering the Mets lost several outfielders to free agency this winter and traded away two more, they could certainly find playing time for the veteran in 2026. Of course, he might be more of a plan B in Queens as well, with the Mets having also expressed interest in signing Bellinger and trading for White Sox center fielder Luis Robert Jr.

Hays, 30, is coming off a solid season for Cincinnati. In 103 games and 416 PA, he slashed .266/.315/.453 with 15 home runs and a 105 wRC+. He also went 7-for-7 on the bases while playing capably in left field. As usual, he was particularly effective against left-handed pitching (.949 OPS, 155 wRC+). While Hays is unlikely to be an everyday player, at least not on a contending team, he has proven he can be a valuable role player over his eight MLB seasons with the Orioles, Phillies, and Reds.

Source: https://www.mlbtraderumors.com/2025...-royals-remain-interested-in-austin-hays.html

 

[New York Yankees]

Yankees Have Reportedly Made Offer To Cody Bellinger

The Yankees made a formal contract offer to Cody Bellinger this week, reports Jon Heyman of The New York Post. Specifics of the proposal aren’t known.

General manager Brian Cashman has made no secret of the team’s desire to keep Bellinger. The former MVP’s first year in the Bronx was excellent. He hit .272/.334/.480 with 29 home runs, his most in a season since 2019. Bellinger’s bat played very well at Yankee Stadium, where he put up a .302/.365/.544 line with 18 longballs.

New York acquired Bellinger from the Cubs last winter in what amounted to a salary dump. They parted with journeyman righty Cody Poteet while assuming all but $5MM of the remaining two years and $52.5MM on Bellinger’s contract. As he ended up opting out, the Yankees paid $27.5MM for that excellent year. It might require a five- or six-year commitment to bring him back as he enters his age-30 season.

The Yankees have had a quiet first couple months of the offseason. Their only move of significance was issuing the qualifying offer to Trent Grisham. He surprisingly accepted and is back in center field on a one-year deal at $22.025MM. Bellinger was ineligible to receive the QO after getting one from the Cubs over the 2023-24 offseason.

Grisham’s salary accounts for the majority of the $29.025MM they’ve spent in free agency so far. The remaining $7MM has been divided among a trio of one-year deals to bring back Paul Blackburn, Amed Rosario and Ryan Yarbrough. Their only MLB acquisition from outside the organization has been Rule 5 pick Cade Winquest.

That certainly won’t be the Yankees’ entire offseason. They presumably expected Bellinger’s free agency to carry well into the winter. The top two free agent hitters, Kyle Tucker and Bo Bichette, each make sense on paper if Bellinger heads elsewhere. Signing one of Tucker or Bellinger would allow them to rotate their outfielders through the designated hitter spot if Giancarlo Stanton spends any time on the injured list. Bellinger could spell Ben Rice at first base and/or take playing time in left field from Jasson Domínguez, who still has a pair of options remaining.

An outfielder isn’t an absolute necessity, but it’s probably the cleanest path to adding an impact position player. Shortstop would be the primary alternative. Bichette is the only real solution there and faces questions about his defensive fit. He could be an option to handle shortstop for a season and move over to second base once Jazz Chisholm Jr. hits free agency a year from now. The Yankees have reportedly made Chisholm available in trade conversations, but that’d swap out one of their better all-around position players in the process.

The other option would be to make a rotation splash with Gerrit Cole, Carlos Rodón and Clarke Schmidt opening the season on the injured list. Framber Valdez, Ranger Suárez and Zac Gallen are the best remaining free agent starters now that NPB righty Tatsuya Imai is off the board on a three-year deal with Houston. The Yankees were one of the teams linked to Imai when he was a free agent, but both Heyman and Mark Feinsand of MLB.com wrote after the signing that the Yanks were not seriously involved in the bidding.

RosterResource projects the Yankees for a $286MM luxury tax number. Owner Hal Steinbrenner has spoken generally about a desire to stay below the $300MM mark in the past, though Cashman suggested in November that’s not a firm limit this offseason. The Yankees had a $320MM luxury tax payroll at the end of the 2025 season.

Source: https://www.mlbtraderumors.com/2026/01/yankees-have-reportedly-made-offer-to-cody-bellinger.html

 

[New York Yankees]

Looking At The Yankees’ Internal Bullpen Options

The Yankees’ bullpen has seen a lot of turnover this offseason. Devin Williams and Luke Weaver departed in free agency, both later signing with the Mets. The club non-tendered Jake Cousins, Scott Effross, Mark Leiter Jr., and Ian Hamilton. Jonathan Loaisiga saw his club option declined, while Allan Winans was released to pursue an opportunity in Japan.

The club did pick up their option on lefty Tim Hill and re-sign Ryan Yarbrough and Paul Blackburn as depth pieces. Still, the bullpen looks thinner than last year behind Fernando Cruz, Camilo Doval, and closer David Bednar. What options do the Yankees have in the system at present? Let’s take a look at the possibilities.

Jake Bird

Along with Bednar and Doval, Bird was one of three key bullpen acquisitions that the Yankees made at the 2025 trade deadline. Unfortunately, he was the least productive of the three. Bird made three appearances in early August, allowing six earned runs on four hits, two home runs, and two unintentional walks in just two innings. On August 5, New York optioned him to Triple-A, where he stayed for the remainder of the season.

Bird has pitched 232 1/3 big-league innings with a 4.76 ERA since debuting in 2022. He owns a career 21.1% strikeout rate and a 9.8% walk rate, although he upped his strikeout rate to an above-average 26.6% in 55 1/3 innings in 2025. In addition to the strikeouts, he has a 70th-percentile groundball rate that could play up with strong infield defense from Ryan McMahon, Jazz Chisholm Jr., and Anthony Volpe (if he regains his Gold Glove-caliber defense following shoulder surgery). Bird also has a plus sweeper and curveball according to Statcast, though he’ll need to improve his sinker (-6 run value) if he plans to compete for middle- and high-leverage innings.

Brent Headrick

The Yankees claimed Headrick off waivers from the Twins in February 2025. He was shuffled between Triple-A and the majors, pitching 23 big-league innings in 17 appearances before ending the year on the injured list with a left forearm contusion. The results were serviceable. Headrick posted a 3.13 ERA with similar peripherals and struck out 32.6% of hitters against a 7.6% walk rate. That said, despite being a left-handed pitcher, he showed pretty drastic reverse platoon splits in 2025, allowing a .922 OPS with four home runs to lefty batters compared to a .484 OPS against righties.

Headrick is primarily a fastball-slider pitcher. His fastball has slightly-below-average velocity, and he allowed a 50.0% hard-hit rate against the pitch in 2025. His slider could be a useful pitch, as he struck out 44.4% of hitters on the pitch in a limited sample this year. At present, with Yarbrough figuring to start the year in the rotation, Headrick is the only lefty in the bullpen aside from Hill. That said, he may be best utilized as a depth arm given his hard-hit rates and struggles against same-handed pitching.

Cade Winquest

The Yankees selected Winquest from the Cardinals’ system in the Rule 5 Draft last month. The 25-year-old righty was an eighth-round pick in 2022 and split the 2025 season between High-A and Double-A. In 106 innings across both levels, Winquest posted a 3.99 ERA with a 23.9% strikeout rate and an 8.5% walk rate. He lowered his ERA from 4.52 in 63 2/3 High-A innings to 3.19 in 42 1/3 innings at Double-A. He also displayed improved control by lowering his walk rate, although his groundball rate declined sharply from 55.6% to 36.7%. As with any Rule 5 pick, it would be a surprise to see Winquest last the entire year on the major-league roster. He would be best used in low-leverage spots.

Yerry De los Santos

De los Santos was shuffled between Triple-A and the majors for most of the year, making 25 big-league appearances with a 3.28 ERA in 35 2/3 innings. On the plus side, he got groundballs at a well-above-average rate of 55.4% and allowed just 0.25 HR/9. He used his mid-90s sinker 54.6% of the time to great effect, with a run value of six according to Statcast. On the down side, his strikeout and walk rates were worse than average. His breaking pitches both had negative run values, making it easier for hitters to time up the sinker. De los Santos has one option year remaining, so he’ll continue to function as a depth piece.

Elmer Rodriguez / Chase Hampton

Rodriguez and Hampton were added to the 40-man roster in November for Rule 5 protection. They are the team’s No. 3 and No. 8 prospects according to MLB.com. Hampton missed the entire 2025 season due to Tommy John surgery and only pitched 18 2/3 innings in 2024. He looks like the longer shot to contribute in the big-league bullpen, though his plus fastball and slider combo may earn him looks later in the summer. Rodriguez has the higher upside of the two. He reached Triple-A in 2025 and pitched 150 innings in total across three levels, posting a 2.58 ERA with a 29.0% strikeout rate. Like Hampton, Rodriguez’s fastball and slider both grade as plus pitches. He will be in the mix but will need to work on his control if he is to stick in the majors.

______________________

As things currently stand, the Yankees’ bullpen has a mix of youth and depth options. Of the six players mentioned here, Bird has the most big-league experience, though he’ll need to re-establish himself after a rough introduction to New York over the summer. Rodriguez also has potential given his minor-league track record and high strikeout rate. That said, the other four profile as depth arms or have injury (Hampton) or durability concerns (Winquest). That leaves Bednar and Cruz as the high-leverage options, with Doval having a closer pedigree but coming off his own uneven debut in New York. Overall, the bullpen looks top-heavy and needs at least one or two reinforcements.

In the years since the Aroldis Chapman and Zack Britton deals, the team has been reluctant to sign high-leverage relievers to long-term contracts. They could opt to raise the bullpen’s floor by adding affordable middle relievers with big-league experience, as well as another proven lefty to complement Hill. Andrew Chafin fits the mold and is currently available in free agency. Although he missed time with injuries, he continued to dominate left-handed hitters in 2025, allowing just a .454 OPS against them. If the Yankees want to focus on high-leverage arms, they could look to the trade market instead, perhaps by re-engaging the Cardinals on JoJo Romero.

Source: https://www.mlbtraderumors.com/2026/01/looking-at-the-yankees-internal-bullpen-options.html

 

[New York Yankees]

Yankees, Cubs, Dodgers Have Checked In On Bo Bichette

Interest in free agent infielder Bo Bichette has mostly been limited to a pair of AL East teams this offseason. Toronto is known to be open to a reunion, while Boston has met with the two-time All-Star over Zoom. Three teams are now joining the Blue Jays and Red Sox in the race for Bichette’s services, as Jon Heyman of the New York Post reports that the Cubs, Yankees, and Dodgers have checked in on him.

New York is one of the few contenders without a concrete plan at shortstop. Anthony Volpe is coming off a brutal season and will miss the beginning of the 2026 campaign following labrum surgery. Utilityman José Caballero will likely cover shortstop until Volpe returns. The Yankees also re-signed Amed Rosario, who has plenty of experience playing up the middle.

Top prospect George Lombard Jr. is a candidate to handle the position in the future, but stepping in as soon as this season would be a tall task for the 20-year-old. Adding Bichette would obviously be a long-term commitment, though he could move to second or third base once Lombard is ready.

The Yankees have been primarily connected to pitchers and outfielders in free agency, but a notable internal development could adjust that approach. Reports emerged in mid-December that the team was listening to offers on infielder Jazz Chisholm Jr. With the front office potentially less than enthused about extending Chisholm, who will be a free agent in 2027, flipping him now could make sense. Chisholm’s departure would open up a spot at second base, a position Bichette has said he’d be willing to play.

The case for the Cubs is similar. Chicago doesn’t have an obvious need up the middle, with Dansby Swanson and Nico Hoerner locked in at shortstop and second base, respectively. However, Hoerner is drawing trade interest. The speedy infielder is entering the final season of the three-year, $35MM extension he signed in 2024. Just like with the Yankees and Chisholm, if the Cubs aren’t planning to bring Hoerner back, moving him for other assets would be a sensible path. Hoerner is coming off a strong season in which he hit .297 with 29 stolen bases.

There’s also the third base option. The hot corner has been vaguely mentioned as a defensive landing spot for Bichette, who’s seen his metrics fall off considerably at shortstop. In a separate post mentioning several free agents, including Bichette, Heyman reported that he’s drawing interest at second base, shortstop, and third base. Bichette could be a fallback option of sorts if Chicago comes up short in its pursuit of Alex Bregman.

Bichette had only played shortstop at the MLB level until a brief cameo at second base this past postseason. In his return from a September knee injury, Bichette appeared in five games at the keystone in the World Series. He played 30 games at second base in the minors. Bichette has never appeared at third base as a professional. His subpar arm strength wouldn’t be ideal at the position, but it could be a better spot for his declining range. Bichette ranked in the first percentile in Outs Above Average last season. At third base, he’d have the foul line as a bumper on one side, with the rangy Andres Gimenez supporting him on the other side.

The Dodgers have Mookie Betts locked in at shortstop, but second base is a short-term hole, and third base could be a long-term need. Deficiencies are relative when it comes to the back-to-back champs, of course. The second base mix currently includes KBO import Hyeseong Kim, prospect Alex Freeland, and the recently re-signed Miguel Rojas. Tommy Edman could also factor in when he’s not playing the outfield. Even if there isn’t a clear standout in the group, there are probably enough options for LA to adequately cover the position without a major addition like Bichette.

Once again, third base is a more interesting discussion. The Dodgers reupped with Max Muncy via a $10MM club option. He’s only signed through 2026, though. Muncy will turn 36 before the end of next season. Injuries have cost him significant time in each of the past two years. His tenure with the Dodgers is likely coming to an end at some point in the near future. If the club views Bichette as a viable fit at third base, he could spend a year at second base and then transition to the hot corner for the rest of what is likely to be a lengthy contract.

Photo courtesy of John E. Sokolowski, Imagn Images

Source: https://www.mlbtraderumors.com/2026/01/yankees-cubs-dodgers-have-checked-in-on-bo-bichette.html

 

[New York Yankees]

Yankees, Mets, Cubs Interested In Edward Cabrera

The Yankees are discussing the possibility of a trade for right-hander Edward Cabrera with the Marlins, according to a report from Chris Kirschner and Ken Rosenthal of The Athletic. The report also adds that the Yankees remain involved in the market for Brewers right-hander Freddy Peralta after their involvement was first reported at the Winter Meetings last month. Meanwhile, Barry Jackson of the Miami Herald reports that the Mets and Cubs have also shown interest in Cabrera.

Cabrera, 27, is an exciting young arm with considerable upside. The righty enjoyed a breakout season last year with Miami, pitching to a 3.53 ERA with a 3.83 FIP in 137 innings of work across 26 starts. That’s decent mid-rotation production already, but what makes Cabrera an especially enticing trade candidate is the possibility he’ll take a step forward in the future. The youngster averaged a career-best 97.0 mph on his fastball this past season despite throwing a career-high in terms of innings, and paired a strong 25.8% strikeout rate with a career-best 8.3% walk rate.

With a solid 47.9% ground ball rate for his career in addition to those strong strikeout and walk numbers, it’s not hard to imagine Cabrera building on his 2025 season to emerge as a dominant starter. The righty is also controlled through the end of the 2028 season, meaning that an acquiring club would have plenty of time to work with him before he reaches free agency.

Of course, that’s not to say there aren’t causes for concern. 2025 was the first year Cabrera crossed the 100 inning threshold at the big league level due to an assortment of injury woes. The most significant of were shoulder problems that limited him in both 2023 and ’24, but even last season saw Cabrera make two trips to the injured list. His second trip to the shelf, which occurred back in September, saw sidelined due to a right elbow sprain. Elbow injuries are always worrisome for pitchers given that UCL injuries wipe out at least a year of a pitcher’s career when they require surgery, though it’s worth noting that Cabrera still struck out 26.3% of his opponents over his final two starts of the season after he returned from the shelf.

The Yankees, for their part, are seeking at least one starter to add to their rotation with both Gerrit Cole and Carlos Rodon poised to start the season on the injured list, while Clarke Schmidt figures to miss most if not all of the 2026 campaign. Max Fried, Luis Gil, Cam Schlittler, and Will Warren all figure to be part of the Opening Day rotation at this point, but additional injuries could crop up and it makes plenty of sense for the Yankees to add another starter to the mix ahead of depth options like Paul Blackburn and Ryan Yarbrough.

Cabrera could be a particularly appealing addition for New York given that MLBTR contributor Matt Swartz projects him to earn just $3.7MM in arbitration this year. While the Yankees certainly have the budget to afford someone pricier, their primary focus seems to be retaining Cody Bellinger at this point and it’s unclear if the team has the stomach for a second nine-figure deal on top of the one Bellinger is reportedly seeking. That would leave bids of players like Ranger Suarez and Framber Valdez unrealistic, and Cabrera projects to be better than most other starters in free agency at this point.

That affordability also figures to be attractive to the Cubs, who have long been known to be searching for a player to add to the front of their rotation this winter. The club appeared to finish second in the Tatsuya Imai sweepstakes behind the Astros earlier this week, so it’s possible that missing out on Imai could spur the team to more aggressively pursue Cabrera or other starting pitcher.

Cabrera’s affordable salary would be particularly attractive for the Cubs given their reported interest in the infield market. They’ve been connected to each of Kazuma Okamoto, Alex Bregman, Eugenio Suarez, and Bo Bichette on one level or another throughout the offseason, and while Okamoto is off the market the other three remain available. Swinging a deal for Cabrera could allow the Cubs to sign one of those big bats without going over the luxury tax, something they’ve been loathe to do in recent years, and that signing of an infielder could lessen the blow to the team’s offense a trade for Cabrera might create.

As for the Mets, the team has made adding to the front-of-their-rotation a stated priority as well but so far have been focused on reworking their position player mix and bullpen. Pete Alonso and Edwin Diaz both walked in free agency, while Jorge Polanco, Devin Williams, and Luke Weaver have signed to help make up for those losses. Meanwhile, they’ve shipped out Brandon Nimmo and Jeff McNeil while bringing Marcus Semien into the fold via the trade market.

All that maneuvering has left the starting rotation virtually untouched, and the Mets have made clear that they’re willing to deal from their collection of young infield talent (including Ronny Mauricio, Mark Vientos, and Luisangel Acuna) this winter as they look to improve the rest of their roster. They also have plenty of young pitching of their own, which could be attractive to the Marlins as a way to keep their deep rotation well-stocked with talent even after dealing Cabrera.

Source: https://www.mlbtraderumors.com/2026/01/yankees-mets-cubs-interested-in-edward-cabrera.html

 

[New York Yankees]

Yankees Sign Adam Kloffenstein, Payton Henry To Minors Contracts

The Yankees signed right-hander Adam Kloffenstein and catcher Payton Henry to minor league contracts in December, according to the club’s official transactions page. 7 News Boston’s Ari Alexander writes that Kloffenstein’s deal includes an invitation to New York’s big league spring camp.

Kloffenstein’s MLB resume consists of one perfect inning of relief work for the Cardinals in their 6-5 win over the Giants on June 20, 2024. He was sent back to Triple-A the next day, and some shoulder problems likely prevented another call-up to the active roster. St. Louis non-tendered Kloffenstein after the season and he inked a minors deal with the Blue Jays — the team that began the righty’s pro career as a third-round pick in the 2018 draft.

This return to the Jays organization didn’t go well, as Kloffenstein was tagged for 20 homers over 82 innings with Triple-A Buffalo while posting a 6.26 ERA and 11.7% walk rate. He also spent the first two months of the season on the injured list, Kloffenstein elected minor league free agency at season’s end, and he’ll now head to the Yankees to try and get his career on track.

Kloffenstein has a 5.01 ERA, 21.57% strikeout rate, and 11.55% walk rate over 210 1/3 Triple-A innings, starting 41 of his 45 Triple-A games. He also had a 4.63 ERA over 175 Double-A frames, further impeding his status as a starting pitching prospect on the Jays’ and Cardinals’ minor league ladders. Still only 25 years old, there’s plenty of time for Kloffenstein to figure things out, and the Yankees pitching development department has had quite a bit of success helping unheralded or struggling pitchers unlock something on the mound.

Henry also has a limited amount of big league experience, as he hasn’t been back to the Show since appearing in 20 games with the Marlins in 2021-22. Traded to Milwaukee during the 2022-23 offseason, Henry has spent the last three years in the minors with the Brewers, Blue Jays, and Phillies without getting into another MLB game. In 2024, Henry was limited to 27 games with Triple-A Buffalo after he was struck in the head by an opposing hitter’s backswing, and spent a three-month stint on the IL.

Henry has a .261/.329/.414 slash line over 862 Triple-A plate appearances, plus a .523 OPS over 51 PA in the majors. Regarded as a solid defensive catcher, Henry will join Ali Sanchez as minor league signings providing some competition in camp and potentially acting as Triple-A depth during the season. New York is pretty set behind the plate with Austin Wells, J.C. Escarra, and Ben Rice all on the MLB roster, and though Rice will primarily be used as a first baseman, Henry and Sanchez face a narrow path for much playing time in the Bronx.

Source: https://www.mlbtraderumors.com/2026...enstein-payton-henry-to-minors-contracts.html

 

[New York Yankees]

Dodgers, Braves Among Teams To Show Interest In Freddy Peralta

Though the Brewers have continually downplayed the possibility of actually trading him, ace right-hander Freddy Peralta continues to draw a wide array of interest. Ken Rosenthal and Will Sammon of The Athletic include the Dodgers and Braves among a list of teams to inquire with the Brewers, joining a group of previously reported clubs that includes the Yankees, Mets and Red Sox. All of those clubs are still believed to have interest in the righty.

Peralta’s appeal is obvious. He’s a durable 29-year-old righty with a 3.30 ERA over his past five seasons, including a career-low 2.70 earned run average this past season (albeit with rate stats and fielding-independent marks that suggest it’s more reasonable to expect a low-3.00s ERA than another sub-3.00 mark). Peralta averages nearly 95 mph on his heater, misses bats at a high level, has only slightly worse-than-average command and, crucially, is earning just $8MM next season. That’s his final year before free agency, but even as a one-year rental, a team surrendering young talent to acquire Peralta would know that he’ll likely net a 2027 draft pick, as he’s a virtual lock to receive and reject a qualifying offer.

For luxury-paying clubs, Peralta’s modest salary is particularly enticing. That’s all the truer for teams like the Yankees, Mets and Dodgers, who figure to be in the top penalty tier for at least a third consecutive season. Those clubs are effectively paying double for any subsequent additions to the payroll. The Dodgers are already in the top tax bracket and thus would pay a 110% tax on any new additions to the payroll. The two New York clubs are just shy of the top tax bracket, but even while sitting in the third penalty tier, they’d be subject to a 95% tax. And both are close enough to the fourth-tier threshold that Peralta would put them right up against it or push them over.

For the Braves and Red Sox, the penalties would be far less severe. Atlanta didn’t pay the tax at all last year and is currently in the first penalty tier. They’d receive only a 20% ($1.6MM) slap on the wrist for adding Peralta’s salary to the ledger. The Red Sox would be crossing the tax line for just the second straight season, as they were under the threshold in 2024. They’re currently about $3MM shy of the tax cutoff, per RosterResource. As a second-time offender they’d pay a 30% tax on the first $20MM by which they exceed the limit. For Peralta, that’d be only a hair over $1.5MM.

In terms of roster fit, it’s pretty easy to see how Peralta would fit onto any of the listed clubs. Atlanta currently has Chris Sale, Spencer Strider, Spencer Schwellenbach, Reynaldo Lopez and Hurston Waldrep lined up as its likely top five. Each of Sale, Strider, Schwellenbach and Lopez missed time with injuries in 2025. Lopez started only one game. Sale missed more than two months with fractures in his ribcage. Schwellenbach’s season ended in late June when he suffered a fracture in his right elbow. Strider posted a 4.45 ERA in his first season back from UCL surgery. Waldrep was impressive as a rookie but tossed only 56 1/3 innings in the majors.

The Dodgers certainly don’t “need” more starting pitching, but the old “no such thing as too much pitching” adage applies to veritably any club. Adding Peralta would be about further deepening the club’s October options. Yoshinobu Yamamoto, Blake Snell, Shohei Ohtani, Tyler Glasnow, Roki Sasaki, Emmet Sheehan and Justin Wrobleski give the Dodgers an embarrassment of riches, and high-upside younger arms like River Ryan, Gavin Stone and Kyle Hurt are all on the mend from 2024 surgeries. Top prospect Jackson Ferris isn’t far from MLB readiness. It’s a deep group, but the Dodgers probably don’t want to simply presume that all of their more established arms will be healthy for the postseason. Bringing in another top-tier arm to join the group would further bolster their choices as they pursue an elusive threepeat.

The Yankees have yet to make an addition to the big league roster, beyond re-signing Ryan Yarbrough on a cheap one-year deal and selecting righty Cade Winquest from the Cardinals in the Rule 5 Draft. With Carlos Rodon, Gerrit Cole and Clarke Schmidt all ticketed to open the season on the injured list, they could use some rotation help. The Mets, meanwhile, have subtracted more big names than they’ve added this winter. President of baseball ops David Stearns knows Peralta well from his Milwaukee days. The current Mets rotation is heavily reliant on rebounds from Kodai Senga and Sean Manaea as well as notable steps forward from prospects like Jonah Tong and Brandon Sproat. The Red Sox have added Sonny Gray and Johan Oviedo to what was already a pretty deep mix, but Peralta would be a clearer No. 2 option behind ace Garrett Crochet than Gray or right-hander Brayan Bello.

Other teams have surely shown interest in Peralta. Earlier in the offseason, it was reported that the Astros had looked into him, but they’ve since added Mike Burrows in a trade and Tatsuya Imai in free agency. The Orioles have shown interest as well, though Baltimore acquired Shane Baz and re-signed Zach Eflin, at least reducing some urgency. (Peralta would still be a notable and needed upgrade to the top end of the staff.) The Athletic’s report notes that some lower-payroll clubs are also looking into Peralta, given that his $8MM price point is affordable for any team.

Broadly speaking, it stands to reason that any 2026 postseason hopeful in the sport has probably at least gauged the asking price on Peralta. Rosenthal and Sammon suggest that a major league-ready starting pitcher is very likely to be a starting point in any talks regarding Peralta. Milwaukee won an MLB-best 97 games in 2025 and is seen as a favorite in the NL Central as a result. The Brewers know they could also get a compensatory pick in the 2027 draft if and when Peralta departs via free agency. They’re a revenue sharing recipient who doesn’t pay the luxury tax, so that pick would come at the end of the first round. That establishes a pretty reasonable base line that needs to be exceeded in any trade talks, and targeting MLB-ready help for a win-now club is only natural.

A Peralta trade shouldn’t be seen as likely. Milwaukee brass has publicly downplayed the possibility, but the Brewers will never fully close themselves off to trades of any notable stars as they approach free agency. Milwaukee traded Corbin Burnes, Devin Williams and Josh Hader near the end of their original windows of club control, after all. However, the Brewers also held onto Willy Adames for the 2024 season, knowing he’d likely reject a qualifying offer and depart via free agency, which is precisely how things played out. Keeping Peralta would give Milwaukee a deep and talented rotation, as he’d be joined by Brandon Woodruff, Jacob Misiorowski, Quinn Priester and Chad Patrick, with depth options including Logan Henderson, Tobias Myers and former top prospect Robert Gasser, who’ll be returning from Tommy John surgery.

Source: https://www.mlbtraderumors.com/2026/01/freddy-peralta-trade-rumors-mets-dodgers-braves-brewers.html

 

[New York Yankees]

Cody Bellinger Rumors: Cubs Interested, Yankees Make Second Contract Offer

A new but familiar team has joined the list of clubs publicly connected to Cody Bellinger’s market, as the New York Post’s Jon Heyman reports that the Cubs “checked in on” the former NL MVP’s services. Bellinger played for the Cubs during the 2023-24 seasons, and Chicago’s involvement means that Bellinger’s market now consists of all three of his former teams (the Yankees, Cubs, and Dodgers), as well as the Giants, Mets, Angels, Blue Jays, and Phillies also showing interest at various points this offseason.

It isn’t known if the Cubs’ involvement is anything more than due diligence on an available player they’re quite familiar with, but Chicago’s offseason explorations have included such notable position players as Bo Bichette, Alex Bregman, Eugenio Suarez, Pete Alonso, and Kazuma Okamoto, in addition to a number of starting pitchers. The Cubs have been very active in the bullpen market but have yet to make a truly big-ticket addition to a roster that reached the playoffs in 2025, but is expected to lose Kyle Tucker in free agency.

Bringing Bellinger back to Wrigleyville would be a fun pivot, as it was just over a year ago that the Cubs dealt the first baseman/outfielder to the Yankees. Initially coming to Chicago on a three-year, $80MM free agent deal that included two opt-out clauses, Bellinger passed on his first opt-out following the 2024 season, leaving the Cubs on the hook for $52.5MM over the remaining two seasons.

The Cubs got most of that money off their future books by sending Bellinger and $5MM to New York in exchange for right-hander Cody Poteet, who was designated for assignment and then traded to the Orioles at the end of March. In short, it was essentially a salary dump move for the Cubs, though they reinvested some of the money saved on Bellinger by acquiring Tucker in a blockbuster trade with the Astros.

In theory, re-acquiring Bellinger is a clean fit since he could slide directly into right field as Tucker’s replacement, with Seiya Suzuki remaining in a primary DH role. It does create a bit of a logjam since top prospects Moises Ballesteros, Owen Caissie, and Kevin Alcantara are all ready to show what they can do with some extended MLB playing time. Since Suzuki and Happ are free agents next winter, however, the Cubs could approach 2026 as something of an all-in push with their veteran core, and then give the kids a chance in 2027 once more roster space opens up.

MLB Trade Rumors projected Bellinger for a five-year, $140MM contract while ranking him eighth on our list of the offseason’s top 50 free agents. Dansby Swanson’s seven-year, $177MM deal from the 2022-23 offseason remains the biggest free agent investment of Jed Hoyer’s tenure as president of baseball operations, and something of an outlier as Hoyer’s only nine-figure contract of any kind.

The Cubs have been open to significant contracts and extensions for the likes of Suzuki, Happ, Jameson Taillon, and others, but adding Bellinger at his projected price tag would be a reach given Chicago’s recent approach to spending. That said, $140MM doesn’t seem like it should entirely be out of the Cubs’ price range, and the fact that Bellinger is a known quantity would make him a unique case. After all, if the Cubs were willing to commit $80MM in Bellinger in the wake of two injury-plagued down years with the Dodgers, investing something like $140MM when Bellinger is coming off three solid years and is still only 30 years old seems like a reasonable move for the team.

All this speculation, of course, comes against the backdrop of the Yankees’ pursuit, as it has been widely observed that re-signing Bellinger is New York’s chief offseason priority. If Bellinger is just one of multiple names on the Cubs’ radar but the top name on the Yankees’ wishlist, it would seem like the Bronx Bombers would be likelier to outbid the rest of the market for his services.

Heyman reported on Thursday that the Yankees made Bellinger a formal contract offer in late December, and Joel Sherman (also of the New York Post) adds the new detail that the Bombers have since made Bellinger a second offer. This apparent increase in the pace of negotiations could hint that the two sides are getting closer to a deal to bring Bellinger back for an encore in the pinstripes.

As with the Cubs, Bellinger’s return to the Yankees would lead to a bit of a crowded roster situation. With Aaron Judge in right field, Ben Rice at first base, Giancarlo Stanton at DH, and Trent Grisham accepting the qualifying offer to return in center field, that would leave left field as Bellinger’s only logical regular position. This leaves Jasson Dominguez without a spot in the lineup, plus top outfield prospect Spencer Jones is expected to make his MLB debut at some point in 2026.

Sherman speculates that if Bellinger might actually be nearing a deal with New York, it could tie into recent reports of talks between the Yankees and Marlins about Edward Cabrera. The Yankees are far from the only team trying to pry Cabrera away from the Fish, but New York has already made two prominent trades with Peter Bendix (including the Jazz Chisholm Jr. deal) during Bendix’s two-plus years in change of the Marlins’ front office. If the Bombers re-signed Bellinger, that could make the Yankees more open to offering Dominguez or Jones as the centerpiece of a Cabrera trade package.

Source: https://www.mlbtraderumors.com/2026...ubs-interested-yankees-make-second-offer.html

 

[New York Yankees]

Yankees Sign Paul DeJong To Minor League Deal

The Yankees and Paul DeJong are in agreement on a minor league deal, according to a report from Jon Heyman of the New York Post. DeJong will receive an invite to big league Spring Training next month as part of the deal. USA Today’s Bob Nightengale reports that DeJong will receive a $1MM salary if he makes the team.

DeJong, 32, was a fourth-round pick by the Cardinals back in 2015. A fast riser through the minors, he made his MLB debut in 2017 and slugged 25 homers in 108 games en route to a second place finish in NL Rookie of the Year voting that season. That led St. Louis to lock DeJong up long-term, signing him to a six-year extension that ran through the 2023 campaign and included club options for 2024 and ’25. Unfortunately for the Cardinals, regression almost immediately began to take hold for DeJong. After a few years as a league average hitter who still managed to offer solid power and good defense at shortstop, his offensive numbers began to fall off starting in the shortened 2020 season. After hitting just .196/.280/.351 over the 2020-22 seasons, DeJong bounced back to a roughly league-average level in 2023 across 81 games for the Cardinals.

That was enough to make him a trade asset for the rebuilding Cards, and he was swapped to the Blue Jays in a minor trade just before the trade deadline as protection against injury for shortstop Bo Bichette. Unfortunately, DeJong went an atrocious 12-for-93 over the final two months of the season while playing in Toronto and San Francisco. That .129/.128/.183 slash line in a nearly 100 plate appearance sample tanked whatever value he might have recouped prior to free agency, and DeJong wound up signing with the White Sox on a $1.75MM guarantee. DeJong managed to put together a decent season for Chicago (and Kansas City) in 2024, with 24 homers and a 96 wRC+ across 139 games that saw him split time between third base and shortstop.

While DeJong’s numbers improved, his prospects in free agency did not. Last offseason he was once again relegated to signing with a rebuilding club, and his $1MM guarantee from the Nationals clocked in even lower than the one he received from the White Sox the previous year. This time, however, DeJong’s season was derailed by an errant pitch that struck him in the face, fracturing his nose and causing him to miss ten weeks. He returned to the Nats’ bench mix in July but did not turn in especially inspiring results. The veteran ended 2025 with a 76 wRC+ in 208 trips to the plate and returned to free agency looking for a chance to bounce back.

Now that he’s with the Yankees, DeJong figures to compete for a spot in what could be a crowded bench mix for the Yankees. Amed Rosario and backup catcher J.C. Escarra figure to fill two of the four spots on the club’s bench, meaning DeJong will compete with Oswaldo Cabrera, Jorbit Vivas, and Braden Shewmake for those last two spots on the bench. The Yankees’ bench figures to get squeezed even more with time. After all, if the team winds up re-signing Cody Bellinger or otherwise adding an outfielder to the roster, that would push Jasson Dominguez to the bench. Likewise, the eventual return of Anthony Volpe to the roster when he completes his shoulder rehab figures to push Jose Caballero into a bench role. That leaves a relatively narrow window for DeJong to make the Yankees’ roster, though injuries and trades could theoretically create space for DeJong to find a role.

Source: https://www.mlbtraderumors.com/2026/01/yankees-sign-paul-dejong-to-minor-league-deal.html