MLB free agency is cruising right along, with many of the big names off the board. But some impact players are still available, and the trade market has been active.
Here's a quick look at where things stand so far this offseason:
Blue Jays reportedly signing slugger Anthony Santander
After missing out on Roki Sasaki, the Toronto Blue Jays are reportedly in agreement with Anthony Santander on a five-year, $92.5 million deal, per multiple reports. Santander, 30, had a career season in 2024, smashing 44 home runs for the Baltimore Orioles while batting .235 with an .814 OPS.
He was ranked No. 11 on Yahoo Sports' list of the Top 50 MLB free agents going into the offseason.
As a left-handed batter, Santander, a switch-hitter, hit .225 with a .793 OPS and 12 homers in 2024. But he did most of his damage as a power hitter batting right-handed, slugging 32 home runs with a .225 average and .822 OPS.
Sasaki's other finalists were the Toronto Blue Jays, San Diego Padres, New York Yankees, San Francisco Giants, New York Mets, Chicago Cubs and Texas Rangers. According to The Athletic, the Blue Jays hosted Sasaki for a visit in January, and then the Dodgers hosted him for another visit that included star players. Apparently, the latter meeting was more successful.
The former San Diego Padres southpaw has agreed to a four-year, $72 million deal with the Los Angeles Dodgers, according to multiple reports. Scott joins an increasingly deep Dodgers bullpen and gets paid well to do it.
Scott, who was traded from the Marlins to the Padres at last summer's deadline, posted a 2.73 ERA with 31 strikeouts in 26 1/3 innings with San Diego in the second half.
After futile runs at multiple top free agents — Juan Soto, Corbin Burnes and Roki Sasaki all spurned Canada’s team this winter — the Jays found themselves in a position of desperation. Their roster, though capable of competing in 2025, remained incomplete and undermanned, particularly on offense. And with two of the club’s franchise cornerstones, Vladimir Guerrero Jr. and Bo Bichette, just a year from free agency, the future was growing increasingly hazy. The pressure, for this franchise without a postseason win since 2016, had reached a fever pitch.
After signing Tanner Scott, the reigning World Series champs are looking to add Kirby Yates to their bullpen.
Free-agent reliever Kirby Yates in serious discussions with Dodgers, source tells @TheAthletic. Any deal would be pending physical. Possibility first mentioned by @BNightengale.
Finally, some good news for Blue Jays fans. MLB Network's Jon Morosi reports that Anthony Santander is headed to Toronto, pending a physical. The deal is for five years and $92.5 million, per multiple reports.
Santander spent his entire eight-year career in Baltimore and was a first-time All-Star in 2024 , slashing .308/.506/.814.
The former San Diego Padres southpaw has agreed to a four-year, $72 million deal with the Los Angeles Dodgers, according to multiple reports. Scott joins an increasingly deep Dodgers bullpen and gets paid well to do it.
Scott, who was traded from the Marlins to the Padres at last summer's deadline, posted a 2.73 ERA with 31 strikeouts in 26 1/3 innings with San Diego in the second half.
The 23-year-old Japanese hurler, one of the most promising talents in the nation’s storied baseball history, announced Friday on Instagram that he agreed to a deal with the defending World Series champs. For Dodgers fans, it’s cause for celebration. For the rest of the league, it’s a disappointing conclusion to a fascinating free agency and another reason to gripe and groan about the growing might of MLB’s new evil empire.
Frustration, from the fan bases and front offices that missed out, is justifiable and understandable. So, too, is the decision Sasaki made for himself.
What does the Dodgers' rotation look like with the addition of Roki Sasaki?
It was just 15 months ago that the Los Angeles Dodgers crashed out of the NLDS at the hands of the Arizona Diamondbacks. Swept by a division rival that had won 16 fewer games than the Dodgers in the regular season, it was another maddening early exit from October for a franchise that had become all too familiar with such a feeling. Despite repeatedly assembling rosters seemingly fit for a championship run, Los Angeles kept coming up short.
Many organizations coveted Sasaki, whose status as an international amateur made him available for a fraction of what he would’ve been worth had he waited until he turned 25 and come to MLB as a full-fledged free agent. This was not a player for whom the Dodgers could simply flex their financial muscles and outbid the competition; this was a matter of recruiting and selling a vision of a place where a young pitcher can maximize his big-league dreams. Ultimately — thanks in large part to the past year, in which the franchise supercharged its roster to new heights, won the World Series and cemented its reputation as a developmental powerhouse — the Dodgers offer a compelling pitch by those standards as well. And so, sure enough, Sasaki chose Los Angeles as the home for the first chapter of his highly anticipated major-league career.
Roki Sasaki gives Dodgers monster Japanese trio in rotation
Roki Sasaki was expected by many to sign with the Los Angeles Dodgers. They were right.
The flame-throwing right-hander from Japan agreed to a deal with the Dodgers on Friday, according to a post on his Instagram account.
The Dodgers beat out basically all of MLB for Sasaki, who met with several teams to evaluate what they could bring to the table beyond money. The Dodgers, San Diego Padres and Toronto Blue Jays were reported to be the finalists, with the Dodgers and Padres seen as the co-favorites for most of the process.
After receiving the signing bonus, Sasaki will have the same status as any other MLB rookie once he makes his debut, going through pre-arbitration and arbitration years before he hits free agency after six years of MLB service time.
Meanwhile, Sasaki's NPB team, the Chiba Lotte Marines, will receive a posting fee worth 20% of the signing bonus. In four seasons with the Marines, Sasaki posted a 2.02 ERA and 0.883 WHIP with 524 strikeouts in 414 2/3 innings.
The 31-year-old Leclerc has pitched eight seasons in MLB, all with the Texas Rangers. In 2024, he made 64 appearances, striking out 89 batters and recording a 4.32 ERA and 1.32 WHIP in 66 2/3 innings pitched.
Right-handed reliever José Leclerc and the Athletics are in agreement on a one-year, $10 million contract, sources tell ESPN. First with the agreement was @ByRobertMurray.
Mets agree to 2-year, $22 million contract with lefty reliever A.J. Minter
The New York Mets keep growing their bullpen, adding left-handed reliever A.J. Minter on Friday, per multiple reports. Minter and the Mets agreed on a two-year, $22 million deal that includes an opt-out in the first season.
Minter, who spent the first eight seasons of his MLB career with the Atlanta Braves, threw 35 strikeouts in 34 1/3 innings for the Braves last season, recording a 2.62 ERA and 1.02 WHIP.
Yahoo Sports Staff
Red Sox, Jarren Duran agree on 1-year, $3.85M deal
The #RedSox today signed OF Jarren Duran to a one-year contract for the 2025 season, with a club option for 2026.
Boston has no remaining players eligible for salary arbitration.
Outfielder Jarren Duran and the Boston Red Sox are in agreement on a one-year, $3.85 million deal that includes a club option for $8 million in 2026, sources tell ESPN. The deal avoids an arbitration hearing, where the Red Sox had filed at $3.5 million and Duran at $4 million.
Per Sportsnet's Ben Nicholson-Smith, Toronto also received $2 million in international bonus signing pool space in the trade, indicating they could still be in on Roki Sasaki.
OFFICIAL: We’ve acquired OF Myles Straw, cash, and international bonus signing pool space for the 2025 period from the Guardians in exchange for a player to be named later or cash.
The Padres are reportedly beginning to focus on other international free agents, indicating that they could be out on prized Japanese pitcher Roki Sasaki.
Cubs, Kyle Tucker avoid arbitration, agree on $16.5 million deal
Breaking News: The Cubs and OF Kyle Tucker have agreed on a $16.5 mil contract for 2025, sources tell ESPN. The sides avoid an arbitration hearing and Tucker will be in Chicago for the team's fan convention this weekend.
Mets re-sign outfielder Jesse Winker to one-year deal reportedly worth up to $9 million
The New York Mets are bringing back Jesse Winker for another year, signing the 31-year-old outfielder to a one-year deal that is reportedly worth up to $9 million. Winker joined the team in July 2024 via trade from the Washington Nationals and was a key part of the team's postseason run.
The move also hints at the Mets' tactics on first baseman Pete Alonso, who is one of the top free agents this offseason. With talks to bring back Alonso stalled, and with the first baseman reportedly receiving significant interest from other teams, re-signing Winker might be a signal that the Mets are not expecting Alonso to return and are starting to look at other options.
Yahoo Sports Staff
Yankees make a trade
The New York Yankees today announced that they have acquired minor league right-handed pitcher Michael Arias from the Chicago Cubs in exchange for cash considerations.
A process that began in earnest when his NPB team, the Chiba Lotte Marines, posted him on Dec. 10 has gradually unfolded over the past month, with the entire baseball industry eagerly awaiting his decision and the potential fallout. With his window to sign officially opening Wednesday and extending through Jan. 23, Sasaki has reportedly narrowed the field to three finalists: the Los Angeles Dodgers, San Diego Padres and Toronto Blue Jays.
If you haven’t been tracking each and every plot point of Sasaki’s free agency along the way, don’t fret — it’s not too late to get caught up and prepare for his entrance into the MLB universe as one of the most intriguing characters of the upcoming season.
The Roki Sasaki sweepstakes are down to just three teams: the Dodgers, Padres and Blue Jays. According to The Athletic, the Dodgers are getting one more meeting with Sasaki on Tuesday, which will reportedly involve "several of their star" players.
The Roki Sasaki sweepstakes is down to just three teams. The Los Angeles Dodgers, San Diego Padres and Toronto Blue Jays are the three finalists to land the Japanese star once the international signing period opens on Wednesday. According to ESPN's Jeff Passan, we should have his decision shortly.
The finalists for Japanese star right-hander Roki Sasaki are the Los Angeles Dodgers, San Diego Padres and Toronto Blue Jays, sources tell ESPN. Sasaki will decide on his team by the closing of his posting window Jan. 23.
With the international signing period opening Wednesday, Roki Sasaki is narrowing down his options. His camp has reportedly informed the Mets and Rangers that he will not be signing with them.
The Mets have been told they are out on Roki Sasaki.
According to a report from The Athletic, the Blue Jays hosted prized free agent Roki Sasaki for a meeting in Toronto ahead of his impending signing deadline.
The international signing period opens Wednesday, at which point Sasaki is free to sign with an MLB team. He has until Jan. 23 to make his decision. The Dodgers, Rangers, Cubs, Mets, Padres and Mariners are also believed to be in the running for Sasaki's services.
Sean Leahy
Reliever Jorge López joins Nationals
López had an eventful 2024 season, as he was DFA'd by the New York Mets after he was ejected from a game and threw his glove into the crowd.
He moved on to the Chicago Cubs and had a solid finish to the 2024 season, recording a 2.03 ERA and 1.09 WHIP in 26 2/3 innings pitched with the Cubs.
Jorge Lopez to the Nats. $3M plus incentives @Ken_Rosenthal 1st
Jeff Hoffman gets 3-year, $33 million deal from Blue Jays
The molasses-slow reliever market got some movement Friday, as former Philadelphia Phillies reliever Jeff Hoffman signed a three-year deal with the Toronto Blue Jays. The deal is reportedly worth $33 million, with $6 million in incentives.
Hoffman was drafted by the Blue Jays and then traded as one of the prospects in the Troy Tulowitzki deal in 2015. He has moved around since then, finding success in the Phillies' bullpen, with a 2.28 ERA in 118 1/3 innings across two seasons.
OFFICIAL: We’ve signed All-Star RHP Jeff Hoffman to a 3-year deal ⭐️
Orioles agree to one-year, $10 million deal with reliever Andrew Kittredge
Reliever Andrew Kittredge has agreed to a one-year, $10 million deal with the Baltimore Orioles, per The Athletic's Ken Rosenthal. Kittredge's contract reportedly includes $9 million guaranteed and a $9 million club option with a $1 million buyout.
Free-agent reliever Andrew Kittredge in agreement with Orioles on one-year, $10M contract, source tells @TheAthletic. Kittredge’s guarantee includes $9M in salary and a $1M buyout on a $9M club option.
Kittredge spent seven seasons with the Tampa Bay Rays before being traded to the St. Louis Cardinals ahead of last season. The 34-year-old reliever finished 2024 with an ERA of 2.80 across 70 2/3 innings for the Cardinals.
Frank Schwab, Yahoo Sports Staff
Why are the A's finally spending in free agency?
Sean Leahy
Tigers, SP Tarik Skubal work out 1-year, $10.15M deal
Skubal, the 2024 AL Cy Young Award and Triple Crown winner, avoids arbitration. The 28-year-old left hander went 18-4 for the Tigers last season with a 2.39 ERA, 0.92 WHIP and 228 strikeouts.
AL Cy Young winner Tarik Skubal and the Detroit Tigers are in agreement on a one-year, $10.15 million contract to avoid arbitration, sources tell ESPN. Skubal gets a big raise in his second time through the system. He'll get one more try before reaching free agency after 2026.
The Los Angeles Dodgers traded catcher Diego Cartaya to the Minnesota Twins on Thursday in exchange for right-handed pitcher Jose Vasquez, the teams announced.
Cartaya, 23, is a former top catching prospect who spent the 2024 season between Double-A and Triple-A, posting a .221/.323/.363 slash line in 95 total games. Vasquez has spent the past two seasons in the Dominican Summer League.
Yahoo Sports Staff
Could Nolan Arenado finally be on the move?
After he reportedly blocked a trade to the Houston Astros a few weeks ago, Nolan Arenado is reportedly more "open-minded" to waiving his no-trade clause to more teams, per MLB Network's Jon Morosi. The Boston Red Sox seem to be a top destination.
The Mariners and Tigers are options for Nolan Arenado, if the Red Sox and Cardinals aren’t able to reach an agreement. https://t.co/jMlNFn5M9A
A's All-Star Brent Rooker agrees to $60M extension
A's designated hitter Brent Rooker has agreed to a five-year, $60 million contract extension, according to multiple reports. Rooker, 30, slashed .293/.365/.562 with 39 home runs, 11 stolen bases and 112 RBI in 2024, all career bests. He was an All-Star in 2023.
Justin Verlander to spend 20th MLB season with Giants
Justin Verlander, who will be 42 during the 2025 season, reportedly agreed with the San Francisco Giants on a one-year deal, according to ESPN's Jeff Passan.
BREAKING: Right-hander Justin Verlander and the San Francisco Giants are in agreement on a one-year contract, pending physical, sources tell ESPN. The future Hall of Famer, who turns 42 next month, will spend his 20th season with the Giants.
Verlander is not the pitcher he once was. He was borderline unusable in his 90⅓ innings in 2024, scuffling to a 5.48 ERA and a career-low strikeout rate. While the three-time Cy Young has been vocal about his desire to pitch until he turns 45, it’s hard to ignore a fastball that continues to lose velocity.
The Giants are surely hoping Verlander can find some return to form in San Francisco next season. He joins a staff that features 2024 All-Star Logan Webb but lost two-time Cy Young winner Blake Snell to the rival Dodgers in free agency.
Scott Boras has shown so far this offseason that he still has his fastball
For the first time in years, Scott Boras entered the MLB offseason under a thundercloud of skepticism and scrutiny.
Last winter, the game’s most notorious and most successful agent had himself an absolute stinker — that is, at least, by his supersonic standards. Boras’ four major free agents in 2023-24 — Cody Bellinger, Matt Chapman, Blake Snell and Jordan Montgomery — all emerged with deals well below expectations. The timing of their signings, too, was far from ideal. At the outset of spring training in mid-February, the entire so-called “Boras Four” remained free agents. That timeline seemed to negatively impact both Snell and Montgomery in the early going of the 2024 season.
It was, unequivocally, the worst free agency of the super-agent’s accomplished career. Equally revered and reviled around the game, Boras seemed to be losing his fastball. Whispers percolated around the industry about whether the 72-year-old could still hack it. Montgomery ditched Boras as his representation, publicly criticizing the agent for his handling of the starter’s disastrous experience on the open market.
One glance at Boras’ imposing, star-studded client list for free agency 2024-25 — Juan Soto, Corbin Burnes, Pete Alonso, Blake Snell, Alex Bregman — and the pressure was squarely on the agent to prove that he was still the game’s most influential powerbroker.
Well, so far this winter, Boras has proven that he’s still a force to be reckoned with. January is less than a week old, and thus far this offseason, Boras Corp. has earned its 12 already-signed clients a whopping $1.45 billion in combined guaranteed contract money. That, according to Jon Becker of FanGraphs, accounts for 57% of the total league spending so far this winter.
Brent Rooker and the A's reached a five-year, $60 million extension on Monday. The deal, according to The Athletic's Ken Rosenthal, includes a sixth-year option that pushes the value to $90 million.
Rooker hit .293 with 39 home runs and 112 RBI last season, both of which were career highs for the 30-year-old.
Rooker was among a group of A's players spotted at the Kings-Heat game in Sacramento on Monday.
Several members of the Athletics including all star snub Brent Rooker at the Kings game in Sacramento tonight pic.twitter.com/2Ag42lPjLn
Royals will reportedly sign RHP Michael Lorenzen to 1-year, $7 million deal
Michael Lorenzen was traded from the Rangers to the Royals at the 2024 trade deadline, and Kansas City apparently liked what it saw.
Right-hander Michael Lorenzen and the Kansas City Royals are in agreement on a one-year, $7 million contract, sources tell ESPN. Lorenzen, 33, was excellent down the stretch, and the deal includes a second-year mutual option for $12 million. Versatile arm, great clubhouse guy.
Report: Reds trading for Dodgers infielder Gavin Lux
Gavin Lux is headed to Cincinnati.
The Reds struck a deal to trade for the Los Angeles Dodgers infielder on Monday, according to ESPN's Jeff Passan. In return, the Dodgers will receive a future draft pick and outfield prospect Mike Sirota.
Lux held a .251 batting average with 10 home runs and 50 RBI, both of which were career highs, last season with the Dodgers. He spent all six of his seasons in Major League Baseball with the franchise, winning a pair of World Series titles.
The Reds went 77-85 last season and missed the playoffs for the fourth straight season.
Dodgers add a valuable draft pick and acquire an OF prospect they presumably have liked for a while (they drafted Sirota out of HS in 2021 before he went and starred at Northeastern)
Yankees reportedly pursuing 3-time batting champion Luis Arráez from Padres
According to ESPN's Jeff Passan, the Yankees continue to be in discussions with the Padres over the 27-year-old Arráez.
San Diego is looking to open up payroll as they go after other free agents such as Roki Sasaki. The Yankees are seeking to fill a need at second base with Gleyber Torres off to the Detroit Tigers.
Arráez dealt with a bad thumb last season and batted .314 with 200 hits with the Padres and Miami Marlins. He's set to make $14.6 million next season and can become a free agent in 2026.
Jack Baer
Charlie Morton to the Orioles
Charlie Morton will play his 18th MLB season with the Orioles.
The veteran agreed to a one-year contract with the AL East contender on Friday, the team announced. The deal is reportedly worth $15 million.
The ageless curveball artist is coming off a 2024 season with the Braves in which he posted a 4.19 ERA and 23.8% strikeout rate across 30 starts. He'll join an Orioles rotation that direly needed both innings and effectiveness after the exit of Corbin Burnes, even after the signing of Japanese veteran Tomoyuki Sugano.
We have agreed to terms with RHP Charlie Morton on a one-year contract for the 2025 season.
The Dodgers have reportedly signed infielder Hyeseong Kim to a three-year deal with $12.5 million guaranteed, according to The Athletic's Fabian Ardaya. The contract has a two-year option for the 2028 and 2029 seasons that could allow the deal to be worth as much as $22 million.
The 25-year-old Kim, who has played the past six seasons with the KBO's Kiwoom Heroes, was the first player from South Korea and Japan to be posted this offseason and has been training in Los Angeles for the past month.
Kim, a left-handed hitter, is coming off a career season with the Heroes in which he hit 11 home runs, drove in 75 runs, stole 30 bases and posted a .326 batting average. It was his fourth straight season hitting over .300 and his seventh straight season with at least 20 stolen bases.
The outfielder finished the season with a .272 batting average (his best in three seasons) and a career-high 33 home runs. Hernández also ended 2024 with an .840 OPS — a full 100-point boost from his year in Seattle. As a bonus, he emerged victorious in the 2024 Home Run Derby.
Nationals re-signing RHP Trevor Williams on 2-year, $14M deal
Right-handed starter Trevor Williams is returning to the Nationals, according to Stephen J. Nesbitt of The Athletic. Williams, 32, is a nine-year MLB veteran who spent the past two seasons with the Nats. In 2023, he had a 5.55 ERA over 30 starts and 144 1/3 innings, but he made vast improvements in 2024. Williams had a 2.22 ERA through 11 starts last season, but he went on the injured list in early June due to a right elbow flexor strain and didn't come off until the season had nearly ended.
Williams should have the chance to start 2025 fully healthy after allowing just one earned run in his two September starts after coming off the injured list.
Trevor Williams is returning to Washington Nationals on a two-year, $14 million contract, a source tells The Athletic. Williams, 32, had a 2.03 ERA over 13 starts last season. He missed some time due to a right flexor muscle strain.
The Chicago Cubs and Miami Marlins made a trade Sunday to swap a pair of infielders, per ESPN's Jeff Passan. In the trade, the Cubs pick up utility second baseman/right fielder Vidal Bruján, sending first baseman Matt Mervis to Miami. Both players are 26 and will get a fresh start to try for more major-league playing time.
Trade news: The Chicago Cubs are acquiring utilityman Vidal Bruján from the Miami Marlins for first baseman Matt Mervis, sources tell ESPN. The deal is done. Both are former top 100 prospects looking to carve out at-bats in a new location.
What does the Burnes deal mean for team and player?
This huge commitment to Burnes also represents an anticipatory move of sorts, with both Gallen and Kelly slated to hit free agency next winter. The D-backs have some decent pitching depth in the upper levels of their farm system, but nothing resembling a future ace who could step in if/when Gallen and Kelly depart. Burnes now fills that potential void in a big way — at least for 2026 (don’t forget the opt-out!).
After an awfully quiet first month of the offseason, Arizona has burst onto the scene over the past few weeks with two aggressive moves to reassert their relevance in the National League hierarchy, first acquiring first baseman Josh Naylor from Cleveland to replace Christian Walker and now this gigantic agreement with one of the best starting pitchers on the market. With key offensive contributors Joc Pederson and Randal Grichuk no longer in tow, some questions remain about the depth of the lineup, and the bullpen — a clear weakness — has holes as well.
But Burnes was one of the few players left on the market who can meaningfully raise the floor and ceiling of a roster, even if he doesn't appear to address an obvious need in Arizona. This is a huge win for the D-backs as they look to keep their contention window open and a huge blow to the runners-up for Burnes’ services — San Francisco and Toronto — who again came up short in their pursuit of a superstar.
Jake Mintz and Andy McCullough discuss Roki Sasaki and Tanner Scott joining the Dodgers, whether the team’s wild spending spree is good for the game, Anthony Santander signing with the Blue Jays and their thoughts on the Baseball Hall of Fame.
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