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Stay up to date with the MLB free agent market this offseason, including player signings, contract details, and team fits as the 2025-26 Hot Stove heats up.
Schwarber remains elite power source with new deal
Eric Samulski unpacks ripple effects from Kyle Schwarber reportedly returning to the Phillies on a five-year, $150M contract, sharing why the deal should "age well" and bode well for fantasy purposes.

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  • PHI Designated Hitter #12
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    The deal is now official. Schwarber returns to Philadelphia following a transcendent campaign where he batted .240/.365/.563 with a career-high 56 round-trippers, 132 RBI and 10 steals over 162 games, finishing second in NL MVP balloting. Fantasy managers can safely project the 32-year-old run-producing wrecking ball to finish in the 40-homer neighborhood as one of the premier four-category contributors in the entire landscape. He’ll be a late-second or early-third round selection in all fantasy drafts next spring.
  • FA Relief Pitcher #65
    Soto’s previous closing experience makes him an interesting pickup for the Pirates as he could excel in a high-leverage role for a couple months before netting them some prospects at the trade deadline if they’re out of playoff contention. The veteran southpaw, who turns 31 years old in February, recorded a solid 4.18 ERA (3.42 FIP), 1.43 WHIP and 70/24 K/BB ratio across 60 1/3 innings over 70 appearances between the Orioles and Mets. He’ll be in the mix with incumbent stopper Dennis Santana for the ninth-inning role in Pittsburgh.
  • MIA Starting Pitcher #27
    Cabrera was a popular name at the trade deadline but wound up staying in Miami this past season, finishing with a 3.53 ERA (3.83 FIP) and 25.8 percent strikeout rate across 137 2/3 innings over 26 starts. The 27-year-old’s durability concerns figure to tamp down any potential return for the Marlins, but he makes plenty of sense as a trade target for teams unwilling to meet the astronomical prices for starters in free agency since he’s under club control for three more seasons. The Orioles are one of those clubs since they are looking to bolster their rotation behind Kyle Bradish and Trevor Rogers — especially after jettisoning former top prospect Grayson Rodriguez to the Angels a few weeks ago — while using their financial flexibility in free agency to pursue offensive upgrades.
  • ARI 2nd Baseman #4
    The big surprise here is Seager since his name hasn’t come up at all in trade discussions this offseason. It’s abundantly clear that the Red Sox, who have a surplus of young big-league caliber pitching prospects to deal, are planning to upgrade at either second or third base this offseason since they’ve been active in trade discussions for multiple targets while also pursuing free agents Alex Bregman, Bo Bichette and Eugenio Suárez. Get your popcorn ready.
  • FA Relief Pitcher #41
    Ghiroli is the first with the exact financial terms of the deal after multiple reports surfaced that the two sides were in agreement on a two-year pact. It’s a bit unclear how Tampa Bay will deploy Matz since he was used exclusively as a reliever this past season with the Cardinals and Red Sox where he posted a respectable 3.05 ERA (3.46 FIP) and 59/11 K/BB ratio across 76 2/3 innings over 53 appearances. He’s been vocal about his desire to transition back to a starting role and it’s possible the Rays were willing to accommodate that request. There should be some clarity regarding his role once spring training kicks off.
  • FA 2nd Baseman #7
    Divish and Jude add that Polanco is seeking a four-year contract, while the Mariners are believed to have offered the switch-hitting 32-year-old second baseman a two-year deal. A reunion makes plenty of sense for both sides after he delivered a strong bounce-back last season, posting an .821 OPS with 26 homers and six steals across 138 games. Still, his checkered injury history makes it difficult to envision another club stepping up to meet his current asking price, leaving Seattle as the most logical landing spot unless the market shifts dramatically.
  • CHC Starting Pitcher #35
    Counsell elaborated that Steele won’t be ready for Opening Day but believes he’ll make it back to Chicago at some point in the first half. The 30-year-old southpaw made just four starts before undergoing season-ending UCL surgery, not a full Tommy John reconstructive procedure, in April. He was able to resume throwing in late October and figures to be ramping up his throwing program by the time spring training rolls around.
  • DET Starting Pitcher #45
    Olson hit the injured list with a shoulder strain in late July and never made it back in time for Detroit’s postseason run. The 26-year-old received a PRP injection and was able to avoid undergoing offseason surgery. The hope is that he’ll be a full-go in time for spring training after posting a career-best 3.15 ERA, 1.21 WHIP and 65/25 K/BB ratio across 68 2/3 innings over 13 starts this past season.
  • CWS General Manager
    The ping pong balls came through for the White Sox as they secure the top selection in next year’s MLB Draft after having the highest odds — 27.73 percent — of landing the first overall pick. Chicago hasn’t picked first overall since taking future Hall of Famer Harold Baines in 1977. Their likely prize: UCLA shortstop Roch Cholowsky is one of the best collegiate shortstop prospects in recent memory and is considered a slam-dunk to be taken first overall. Texas high school shortstop Grady Emerson is widely-regarded as the top prep player in the draft class. The Giants and Royals were the big movers in this year’s lottery, jumping up double-digit spots into the top six overall, while the Rays also made a massive leap, going from seventh to second overall. Here are the full draft lottery results: (1) White Sox, (2) Rays, (3) Twins, (4) Giants, (5) Pirates, (6) Royals, (7) Orioles, (8) Athletics, (9) Braves, (10) Rockies, (11) Nationals, (12) Angels, (13) Cardinals, (14) Marlins, (15) Diamondbacks, (16) Rangers, (17) Astros and (18) Reds.
  • ARI Relief Pitcher #48
    Campbell will compete for a spot in Arizona’s bullpen next spring after getting lit up to the tune of an inflated 11.30 ERA (6.36 FIP) across 14 1/43 innings over 14 appearances for the Red Sox over the past two seasons. The 28-year-old righty was a notable relief prospect a couple years ago with the Mariners but hasn’t quite panned out at the highest level.

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He went 23-10 with a 2.91 ERA over parts of two seasons in South Korea, striking out 403 and walking 104 in 287 1/3 innings.
The 28-year-old is expected to bolster the back of the Diamondbacks’ starting rotation.
Kent was elected by the contemporary era committee, while steroids-tainted stars Barry Bonds and Roger Clemens were among seven players who fell short once again.
He also has a limited no-trade provision allowing him to block being sent without his consent to eight teams.
Byrnes joins a team coming off a third straight 100-loss season and he’s fresh off winning a World Series with the Dodgers for a second straight season.
The 30-year-old pitched in Japan for the past two years. He last appeared in a big league game on Oct. 1, 2023, with the New York Mets.
Devin Williams spent last season across town with the New York Yankees, going 4-6 with a career-worst 4.79 ERA and 18 saves in 22 chances.
Expectations for Sonny Gray in Boston, analyzing the Cardinals’ return, and quick hits from smaller offseason moves.
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In a 13-year career with five teams, Gray is 125-102 with a 3.58 ERA and three All-Star Game appearances.