Raisel Iglesias slams door on Phillies on Sunday

Bell gets a $1.25 million buyout from the $10 million option. The Twins paid him a total of $7 million for his .255/.319/.419 line and 96 RBI last season, and they might have some interest in re-signing him for a similar amount. However, if they see Byron Buxton doing a lot of DHing next year, that would leave less room for Bell.

Eflin will receive a $2 million buyout on the $25 million mutual option. He underwent Tommy John surgery in April and is hoping to be ready in the early part of next season. He’s indicated that he’d like to stay with Baltimore.

Hinds hit .179/.273/.250 in 12 games for Baltimore late in the year. The Orioles will probably wind up waiving Hinds in the near future, but some guaranteed money in the deal would make it more likely that he clears waivers and sticks around as a non-roster player. They did something similar with infielder Luis Vázquez and reliever Josh Walker last winter.

The option was just something Ryan and the Twins did in January in order to avoid arbitration; Ryan gets a $100,000 buyout on top of his $6.1 million salary from last season, and now he’ll be arbitration eligible again. Coming off a season in which he had a 3.79 ERA in 27 starts, he’s probably looking at a raise to $9 million-$10 million in his final season before free agency.

Stephenson’s three-year, $33 million deal with the Angels gave the team some protection due to injury in the form of a $2.5 million option for 2028 if he missed a certain amount of time. However, the Angels decided against bringing him back even at that greatly reduced rate as he rehabs from April surgery to repair his UCL and flexor tendon. Stephenson, signed after a breakthrough stint with the Rays in 2023, pitched just 10 innings for the Angels, all of them in 2025.

Gray gets a $10 million buyout for declining the option, so this was always the way it was going to go down. The Red Sox figure to have considerable interest in bringing him back, but he’ll be very popular around the league.

The 30-year-old Martin made his major league debut in September, going 0-for-2 with a walk before finishing the year on the IL with a hamstring strain.

With Seiya Suzuki and Ian Happ becoming free agents, the Cubs will have plenty of room for an out-of-options Alcántara to make an impact next year. Still, there hasn’t been anything to suggest that they have much faith in him, and there’s a decent chance he’ll be traded this winter. Alcántara hit .260/.350/.502 with 20 homers in 82 games for Triple-A Iowa last season. He’s been as productive as anyone in the Dominican Winter League so far, going 11-for-27 with three homers through eight games.

That’s quite a showing for his first ever winter league appearance. Malloy, who hit .209/.311/.346 in 123 games for the Tigers between 2024 and ’25, is coming off a pretty disastrous season in the Rays system in which he missed time due to injury and hit just .167/.309/.285 in 65 games for Triple-A Durham. He’s still technically with the Rays now, but he’s about to become a minor league free agent.

Profar is 5-for-11 in three games. He obviously really needs to get some at-bats after his half-season PED ban in 2025 and full-season suspension in 2026. It’s unclear if the Braves, who have him under contract for one more year, are going to give him another shot, but if he’s released, some other team will probably pick him up for the minimum and let him play.