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Reds Sign Pierce Johnson

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Jan. 15: The Reds have formally announced the signing. There’s a mutual option for the 2027 season on the contract as well, though since mutual options are never exercised by both parties, that amounts to little more than an accounting measure to push some of the $6.5MM salary to the ’27 books (by way of an option buyout).

Jan. 12: Johnson is guaranteed $6.5MM, reports Mark Feinsand of MLB.com.

Jan. 11: Right-hander Pierce Johnson is headed to the Reds, according to Jon Heyman of the New York Post. The details of the contract are not yet known. Johnson is represented by John Boggs & Associates.

Johnson, 34, was a first-round pick all the way back in 2012. He made his big league debut in 2017 but didn’t stick in the majors right away and eventually headed to Japan in 2019 to pitch for the Hanshin Tigers. The result was a dominant 1.38 ERA over 58 2/3 innings of work in NPB, and Johnson then returned to the majors in 2020 and posted strong numbers overall across three seasons with the Padres.

Missing most of the 2022 campaign due to injury, however, put Johnson in an awkward position entering free agency following the year. He caught on with the Rockies and struggled badly, posting a 6.00 ERA during his time in Colorado, but was still an attractive enough target to be dealt to the Braves at the trade deadline. Upon arriving in Atlanta, he looked like a different pitcher, turning in a a 0.76 ERA, 36% strikeout rate, and 5.4% walk rate across 24 appearances down the stretch for the Braves.

It was a performance so impressive that Atlanta chose to extend Johnson on a fresh two-year deal that guaranteed him $14.25MM, including a $250K buyout on a $7MM club option for the 2026 season. Johnson posted a 3.36 ERA and 3.77 FIP overall across 115 1/3 innings in the next two seasons, but he was unable to carry over the pinpoint command he had flashed down the stretch in 2023. His peripherals declined, culminating in the righty striking out a diminished (but still strong) 24.8% of his opponents this past year, and the Braves ultimately chose to buy out his 2026 option.

Now headed into his age-35 season, Johnson will join a Reds team that managed to squeak into the playoffs last year and has its sights set on returning in 2026. After re-signing Emilio Pagan to serve as the club’s closer, Cincinnati has continued to retool its bullpen by adding Caleb Ferguson and now Johnson. That trio should be joined by Tony Santillan to make a formidable late inning relief corps for the Reds, while former starters like Graham Ashcraft and Connor Phillips provide some upside but likely slide into lower-leverage roles. With a stacked rotation led by Hunter Greene and Andrew Abbott, Terry Francona’s pitching staff looks solid headed into the season.

The question for the Reds headed into 2026 is mostly focused around the club’s lineup. While Elly De La Cruz is a budding superstar and players like TJ Friedl and Spencer Steer have proven themselves to be quality role players, it’s hard to know if the Reds’ lineup will produce enough on offense to carry them back to October. Players like Noelvi Marte and Matt McLain have shown great promise in the past but have also struggled badly at times. The same can be said for reclamation projects JJ Bleday and Ke’Bryan Hayes. If the Reds have more planned this offseason after adding Johnson, adding more to the lineup would be the best way to improve the roster, whether that’s through free agency or perhaps a trade of someone like right-hander Brady Singer, who’ll be a free agent next winter.

The Opener: Tucker, Bregman, International Signing Period

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On the heels of an update to the market for this winter’s top free agent, here are three things we’ll be keeping an eye on around the baseball world today:

1. Tucker nearing decision?:

The market for star outfielder Kyle Tucker seems to be moving toward a conclusion. Earlier this morning, the New York Post’s Jon Heyman reported that Tucker could land somewhere as soon as today. The Mets, Blue Jays, and Dodgers have generally been viewed as the favorites for his services, and Heyman suggests it would be a “major upset” for Tucker to sign elsewhere at this point. The Blue Jays are the only team known to have extended Tucker a long-term offer, although the specifics aren’t known. The Mets have been reported at varying times over the past few days as having a $50MM AAV on the table for Tucker and also having offered a four-year deal. The Dodgers, for their part, appear to be the wild card in the Tucker bidding. Playing in L.A. surely holds its own appeal as the Dodgers head into 2026 in search of a three-peat, but it’s unclear what sort of offer the club has on the table for Tucker, if a formal one has been presented at all.

2. Bregman presser today:

The Cubs are hosting an introductory press conference for newly-signed third baseman Alex Bregman this morning at 10:30am CT. President of baseball operations Jed Hoyer and Bregman’s agent, Scott Boras, figure to be in attendance. The presser could offer some insight into how the Cubs plan to handle their newly-crowded infield. Bregman will presumably push Matt Shaw off of third base and into a utility role barring a trade involving either Shaw himself or second baseman Nico Hoerner. Hoerner, in particular, has seen his name come up in trade rumblings this winter, even as reports have indicated the Cubs aren’t inclined to move him and would need to be overwhelmed with an offer in order to do so.

3. 2026 international signing period opens:

The 2026 signing period for international amateurs has begun and will remain open until December 15. Teams have set bonus pools ranging from $8,034,900 to $5,440,000 for the upcoming period that they can allocate however they see fit — including trading bonus allotments in $250K increments. (A team can only acquire a maximum of 60% of its originally allotted pool, however.) Many of the most highly-regarded prospects in the class have had handshake agreements in place with MLB clubs for years before they were old enough to sign, so for plenty players at the top of the class their destination is already known. Among the top prospects available are Venezuelan shortstop Luis Hernandez (tied to the Giants), Venezuelan outfielder Francisco Renteria (tied to the Phillies), and Dominican shortstop Wandy Asigen (tied to the Mets). There’s excellent coverage of international amateur free agency at Baseball America, MLB.com, and BeisbolFR.com (among others), and we’ll aim to have a roundup of some of the top signings on MLBTR later today as well.

Latest On Mets’, Blue Jays’ Pursuit Of Kyle Tucker

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8:55am: ESPN’s Jeff Passan was a guest on Sportsnet in Toronto this morning and reported on air that the Blue Jays have been “the only team that has shown the willingness to go as deep as 10 years, potentially” (video link). Passan adds that a decision from Tucker could occur before the end of the week.

7:08am: The Mets have made a four-year offer to star outfielder Kyle Tucker, according to a report from Mike Puma of the New York Post. MLBNetwork Radio’s Jim Duquette suggested yesterday that the Mets were “likely” to extend their offer to four years yesterday. Tyler Ward reported as early as yesterday morning (prior to Duquette’s report) that the Mets had offered $200MM over four years.

Tucker, 29 this weekend, has had an unusually quiet market by the standards set by other recent top free agents like Juan Soto, Shohei Ohtani, and Aaron Judge, each of whom signed in December. Things have begun to ramp up in a big way this past week, however, and all signs have pointed towards a trio of teams emerging as the most likely landing spots for the multi-time All-Star: the Mets, the Blue Jays, and the Dodgers. Previous reporting has indicated that the Blue Jays have a long-term deal on the table for Tucker, while the Mets have preferred a shorter-term arrangement at a premium average annual value. Concrete reporting regarding the Dodgers’ pursuit of Tucker has been minimal, but previous comments by the front office throughout the winter have suggested a hesitance towards adding another long-term deal to their aging roster and blocking elite top outfield prospects like Zyhir Hope and Josue De Paula long-term.

Reporting on the Mets’ offers to Tucker has varied throughout the week. Initial reports suggested the club had made a three-year offer to Tucker within the $120MM to $140MM range, and later reporting indicated that the Mets had offered a $50MM AAV without a specific number of years attached to that report. This latest report of a four-year offer also comes without a specific AAV attached to it. That leaves open the possibility that New York has multiple offers on the table for Tucker, with varying annual salaries and contract structures that all fall under the more general umbrella of short-term with relatively high annual salaries. Of course, it’s also possible that the Mets have simply raised their offer over the past few days.

If owner Steve Cohen and his front office have offered Tucker $200MM or more over the next four seasons, that would surely be a difficult package to turn down without an incredible long-term offer. Tucker would be in line to re-enter free agency ahead of his age-33 season, and while he’d likely need to settle for another shorter-term contract headed into his mid-thirties it’s worth remembering that Kyle Schwarber landed a five-year, $150MM contract with the Phillies as a DH-only slugger headed into his own age-33 season earlier this winter. In that context, it’s not difficult to imagine Tucker earning $350MM or more over the remainder of his playing career if he were to complete a four-year deal at a $50MM AAV and sign another contract or two afterwards. It’s also possible (and perhaps even likely) that a shorter-term arrangement would come with at least one opt-out opportunity somewhere in the deal that would make it even easier for Tucker to return to free agency in search of a more lucrative offer.

On the other hand, it’s not hard to argue that Tucker is worth the exact sort of incredible long-term offer that would be worth passing on $200MM over four years in favor of. An All-Star in four consecutive seasons, Tucker finished fifth in AL MVP voting back in 2023 and since then has posted 9.2 bWAR and 8.7 fWAR in just 214 games with a .274/.388/.507 (152 wRC+) slash line to show for it. A tough second half with the Cubs last year and injuries that have limited him to that relatively light volume of games over the past two years have seemingly caused some level of concern among interested clubs, but the upside of adding a perennial MVP candidate to the middle of the lineup in his prime years is undeniable.

MLBTR’s own prediction for Tucker’s contract at the outset of the offseason was an 11-year, $400MM pact. That sort of contract would be a no-brainer to choose over a shorter-term deal, even at a $50MM AAV. How far below that figure a long-term offer could come in before Tucker would start to more seriously consider a short-term, high-AAV pact would surely depend on Tucker’s own personal tolerance for risk and desire for stability. It would certainly be bold to eschew something even in the range of the $330MM deal Bryce Harper landed in Philadelphia during the 2018-19 offseason, but a fair counterargument to that would be that Harper himself well might have come out ahead financially had he instead signed the reported short-term, $45MM AAV offer he received from the Dodgers that winter and returned to the market in a few years’ time.

Wherever Tucker will ultimately land, and whatever contract structure he will ultimately settle on, it’s increasingly likely his free agency is hurtling towards a conclusion in the coming days. The New York Post’s Jon Heyman reported earlier this morning that a decision from Tucker’s camp could come as soon as today, and given the frenzy of reporting over the past few days it seems likely that the parties involved are all in the process of making their top offers as Tucker nears a decision.

The Opener: Tucker, Cardinals, Yankees, Marlins

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Here are three things we’ll be keeping an eye on around the baseball world today:

1. Tucker market accelerating:

Kyle Tucker’s market finally appears to be picking up steam. The Mets have reportedly made a short-term offer with an average annual value as high as $50MM, while the Blue Jays have put forth a long-term offer — the details of which remain unclear. If Tucker is genuinely considering shorter-term offers, the Dodgers will surely be interested as well. Other teams like the Yankees seem to be hanging around the periphery of Tucker’s market, too, although fellow lefty-swinging outfielder Cody Bellinger appears to remain the priority over in the Bronx. With some reports suggesting that Tucker could agree to a deal before the end of the week, where will he land?

2. Cardinals move into post-Arenado era:

The Cardinals finally pulled off their long-awaited trade of likely future Hall of Famer Nolan Arenado yesterday, and in shipping him to the Diamondbacks (and paying down all but $11MM of his contract to do so) they’ll enter the 2026 season without any of the veteran All-Stars they carried in previous years on their roster. For a rebuilding club like St. Louis, that means an opportunity to give significant run to younger players like Nolan Gorman, Thomas Saggese, and top prospect JJ Wetherholt. The question for the Cardinals at this point is whether (or when) some of the club’s arbitration-eligible players, like infielder/outfielder Brendan Donovan or lefty reliever JoJo Romero, will follow Arenado out the door.

3. What’s next in the Bronx and Miami?:

The Yankees pulled off a surprising trade last night when they nabbed hard-throwing lefty Ryan Weathers from the Marlins in exchange for four lower-minors prospects led by outfielder Dillon Lewis. The deal seemingly brings to a close the Yankees’ pursuit of starting pitching help this offseason. Weathers should fortify the rotation with Gerrit Cole, Carlos Rodon and Clarke Schmidt all opening the season on the injured list.

With Weathers now in the fold, perhaps the Yankees can more fully focus on addressing their lineup, whether that’s with a Bellinger reunion, a pivot toward Tucker or Bo Bichette, or a pursuit of an unexpected target. As for the Marlins, they were already considering adding an innings-eating veteran starter after trading Edward Cabrera to the Cubs last week. That only figures to be become more important now that they’ve taken another valuable arm out of their rotation mix. Zack Littell, Tyler Anderson, Patrick Corbin, Jose Quintana, Tomoyuki Sugano and Chris Paddack are among the many yet-unsigned free agent starters.

Poll: Will The Cubs Trade From Their Infield?

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The Cubs made a major splash over the weekend by landing star third baseman Alex Bregman on a five-year deal. As a multi-time All-Star who reliably offers Gold Glove defense at third base and posts offense in the 125 wRC+ range, Bregman is sure to provide a major lift to the club headed into 2026. Strong as the signing is for the team, however, it also creates questions about the future of some of their other players. The 2025 Cubs ended the season with regulars all around the infield. Dansby Swanson and Nico Hoerner handled shortstop and second base for the third consecutive season, while Matt Shaw entered 2025 as the team’s top prospect and had taken over third base on a regular basis by the end of the year.

The addition of Bregman leaves the club with four infielders for three positions. The designated hitter spot could help. With Kyle Tucker not expected to re-sign with the Cubs, Seiya Suzuki could spend more time in the outfield in 2026. However, Moises Ballesteros is currently the favorite for the DH spot, as he had a strong debut with the bat in 2025 but is considered a work in progress as a catcher.

Having too many guys is a good problem to have but it’s still worth considering whether the Cubs will do something to break up that logjam in the short-term. If they don’t, Shaw is likely to be the odd man out. He has options remaining and could certainly be sent to Triple-A Iowa to open the season, though he could also be carried on the club’s bench in a utility capacity. Hoerner is set to hit free agency following the 2026 season, so perhaps the likeliest option is Shaw taking a depth role for this year before taking over at second base when Hoerner reaches free agency next winter.

That’s a plan that comes with flaws in the short- and long-term, however. For one, Shaw losing the opportunity to get consistent, major league at-bats could have an adverse effect on his development. The 24-year-old turned in a decent rookie season in 2025, slashing .226/.295/.394 (93 wRC+) overall in 126 games. Those overall numbers are hardly exceptional, but he improved as the season went on. After the All-Star break, Shaw slashed a very impressive .258/.317/.522 with a wRC+ of 130 as he crushed ten doubles, three triples, and 11 homers in just 205 trips to the plate.

That considerable power potential Shaw flashed is certainly enticing, but it could be difficult for Shaw to build on that success if faced with either inconsistent playing time in a bench role or minor league competition at Triple-A. As noted by The Athletic’s Keith Law in the aftermath of the Bregman signing, Shaw went through several mechanical changes throughout 2025 and at times resisted help from the Cubs’ coaching staff. The youngster’s numbers took a turn for the worse during the final weeks of September and into the postseason, so it’s possible there’s more tweaks left for him to make as well.

That could make trading either Hoerner or Shaw himself a viable outcome. Hoerner’s name has popped up semi-frequently as a trade candidate over the past two offseasons, and it’s certainly easy to see why rival teams would have interest. The 28-year-old is coming off a career year in 2025. He posted a 109 wRC+ and struck out at a microscopic 7.6% clip in 154 games for Chicago. Over the past four years since becoming an everyday player, Hoerner has slashed .284/.339/.389 (105 wRC+) with an above-average wRC+ in every season. He’s paired that solid bat with elite defense at second base and also demonstrated the ability to be a above-average defensive shortstop before being bumped to the keystone by the team’s signing of Swanson back in 2023.

Taken together, Hoerner has been worth 19.6 bWAR and 17.5 fWAR over the past four seasons. That consistent four-to-five win production up the middle is certainly attractive, especially with Hoerner set to make an affordable $12MM salary this year.

The Mariners, Giants, and Yankees are among the teams that have been connected to him in trade to this point. Even as teams have come calling after Hoerner, however, the Cubs seem unlikely to deal him. Signing one impact infielder just to trade another would undercut the improvement offered by signing Bregman, and so it’s not a shock that The Athletic’s Sahadev Sharma has suggested that the Cubs would have to be “blown away” in order to deal Hoerner.

Perhaps, then, trading Shaw to a team where he could get consistent playing time in a bid to either add more impact to the roster or beef up a flagging farm system could be the best course of action available to the Cubs. Shaw still has six years of team control remaining and will make the league minimum in 2026, meaning that he could be a fit for a number of teams that might want to upgrade their offense on the cheap. The Pirates, Guardians, Royals, Athletics, Angels, and Nationals are all teams that struggled to find production at either second or third base last year and could appreciate Shaw’s years of control and affordable price tag.

Even that comes with risks, however. Shaw’s value is arguably down relative to this time last year, when he was a consensus top-30 prospect in baseball. Additionally, Hoerner’s status as a pending free agent would make trading Shaw a big risk if not paired with an extension for Hoerner. The upcoming free agent class is reasonably deep in middle infield talent (Ha-Seong Kim, J.P. Crawford, Jazz Chisholm Jr.) but successfully landing one of those players is no guarantee. The team’s internal options behind Shaw are lackluster, as well. James Triantos was once one of the team’s better prospects but had a disastrous season at Triple-A last year that calls into question his prospect status. Jefferson Rojas had a solid year in 2025 but may not be big league ready by 2027.

How do MLBTR readers think the Cubs will handle their infield logjam? Will they work out a trade involving Shaw or Hoerner prior to Opening Day, or will they simply carry both players into the season despite the lack of playing time available? Have your say in the poll below:

Will The Cubs Trade An Infielder This Offseason?

  • No, they'll keep both players. 56% (3,078)
  • Yes, they'll trade Nico Hoerner. 26% (1,443)
  • Yes, they'll trade Matt Shaw. 17% (937)

Total votes: 5,458

The Opener: Bellinger, Relief Market, MLBTR Chat

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Here are three things for MLBTR readers to keep an eye on throughout the day:

1. Bellinger, Yankees negotiations continue:

The Yankees and outfielder Cody Bellinger were recently reported to be at an impasse in contract negotiations. Both sides are interested in a reunion, but Bellinger has interest from other clubs, including the Mets and Dodgers. (The Angels, Phillies and Giants all at least checked in earlier in the offseason as well.) The Yankees have reportedly explored alternatives to Bellinger ranging from free agents like Bo Bichette and Kyle Tucker to trade candidates like Luis Robert Jr. and Nico Hoerner.

While contract length seems to be a sticking point, with Bellinger seeking a longer deal than the Yankees’ five-year offer, New York is reportedly open to bridging the gap by including opt-outs. If structured favorably, that could allow Bellinger to bank significant money over the next couple of years before returning to free agency at a later date. That’s the tactic he ended up taking during his last trip through free agency, when he sought a massive contract but ultimately settled for three years and $80MM from the Cubs.

2. What’s left on the relief market?

The Reds’ weekend deal with right-hander Pierce Johnson took yet another name off the board on a dwindling relief market. For other teams looking to bolster their bullpen, the options are waning. Seranthony Dominguez is among the top names still on the market, and he’s garnered some recent interest from the Twins. Michael Kopech, Jorge Lopez, Jose Leclerc, Paul Sewald, and Tommy Kahnle all remain available as well, but each comes with warts due to some combination of recent injury history and poor results. Lefties Taylor Rogers and Danny Coulombe remain available as interesting options and could be particularly valuable to a team without a quality southpaw for the late innings. Virtually every team could stand to improve its bullpen, but the Twins are joined by the Nationals, Diamondbacks, and Rangers as teams that appear to have a particularly significant need in their relief corps at this point.

3. MLBTR chat today:

Pitchers and catchers will begin reporting in mid-February, but plenty of questions about this offseason remain. Kyle Tucker, Bo Bichette, and Framber Valdez are among the top-flight free agents still available, while the trade market holds intriguing talents like Freddy Peralta and Brendan Donovan who could still be moved. If you’re wondering what’s left for your favorite team to do before pitchers and catchers report or simply looking for the latest hot stove buzz, MLBTR’s Steve Adams has you covered with a live chat scheduled for 1pm CT today. Readers can use this link to ask a question in advance, follow along when the chat begins, and read the transcript after the chat concludes.

Poll: Will The Dodgers Add A Big Bat In Free Agency?

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Outside of a surprise strike to land star closer Edwin Diaz during the Winter Meetings, it’s been an unusually quiet offseason for the Dodgers. On some level, that’s understandable. The team had no core players depart in free agency this offseason, and they just won their second consecutive World Series title back in November. While Los Angeles has spent the past few offseasons building up a juggernaut by adding players like Shohei Ohtani, Yoshinobu Yamamoto, Blake Snell, and Tyler Glasnow, there’s less urgency to continue piling on star talent at this point.

Coming off two World Series championships, it would be understandable for president of baseball operations Andrew Friedman and the rest of the team’s front office to be content bringing back mostly the same roster in 2026. Many signs point to them doing just that, as comments from team personnel have acknowledged the club’s aging roster and the importance of bringing along some younger players for the sake of the team’s long-term viability. Clayton Kershaw has retired. Freddie Freeman will play this year at age 36. Mookie Betts is headed into his age-33 season coming off the worst season of his Hall of Fame career. Even younger members of the team’s core like Ohtani (31), Snell (33), Glasnow (32), and Will Smith (31) are all on the wrong side of 30 at this point.

With many of core veterans under contract for years to come beyond their respective primes, even the mighty Dodgers have to think twice about adding another long-term, nine-figure contract to the books. At the outset of the offseason, many assumed that Los Angeles would once again be a top player in the market for the winter’s stars, like Kyle Tucker and Bo Bichette. As the offseason dragged on, however, it quickly became clear that L.A. wasn’t interested in jumping the market for a top free agent as they have in the past.

The team has some exciting prospects poised to reach the majors in the coming years. Infielder Alex Freeland is already arguably MLB ready, and signing an infielder like Bichette could wind up blocking him long-term. Star outfield prospects Zyhir Hope and Josue De Paula are further away from the majors but could debut later this year and are both consensus top-50 prospects in the sport. Even as the team’s projected outfield lacks much impact (with Teoscar Hernandez and Andy Pages set to take up regular roles alongside some combination of Tommy Edman, Alex Call, and Hyeseong Kim), it’s easy to see why the team might hesitate about signing Tucker to a massive contract.

All of those considerations still remain for the Dodgers, but that hasn’t stopped them from coming up more frequently in the rumor mill for players’ markets as the offseason has progressed. Tucker remains available on the market and has a relatively small number of suitors outside of L.A., with the Blue Jays and Mets being the other teams most frequently connected to him. Bichette’s market has kicked up in recent days with the Phillies, Red Sox, and Blue Jays among the teams involved on some level or another, while the Mets and Yankees are two of the few remaining realistic landing spots for Cody Bellinger.

The Dodgers have appeared to remain on the periphery of all three of those markets, and appear ready to pounce if any of them express willingness to sign a shorter-term deal at a high average annual value. Whether that will happen remains to be seen but the likelihood of such a deal increases as Spring Training approaches. The Phillies, for example, would need to do quite a bit of maneuvering to fit Bichette into the roster and budget plans. That figures to include trading Alec Bohm, which could be difficult to pull off late in the offseason once teams have mostly settled their rosters. Meanwhile, a team like the Red Sox or Yankees could take themselves out of the market for help on offense by swinging a trade for a bat like Isaac Paredes or Brendan Donovan.

If a star free agent finds themselves without much of a long-term market and needs to pivot towards a shorter deal, the Dodgers appear very well positioned to make a play. Edman’s positional flexibility would allow the Dodgers to accommodate a short-term addition to either their infield or outfield, with the super utility man getting regular reps on the grass if Bichette is brought in or handling the keystone if either Bellinger or Tucker joins the organization. What’s more, it’s hard to imagine a more attractive club to spend a year with than L.A. given the team’s star power and winning culture. Helping the Dodgers to a three-peat with a strong 2026 campaign would be the exact sort of profile booster that a star free agent like Tucker or Bichette would be hoping for on a pillow contract.

What do MLBTR readers think? Will the Dodgers swoop in and snag one of the remaining top bats in free agency, or will they head into 2026 with more or less the same roster they won the World Series with last year? Have your say in the poll below:

Will the Dodgers land a big free agent this winter?

  • No, they won't land any of them. 51% (3,595)
  • Yes, they'll land Kyle Tucker. 30% (2,116)
  • Yes, they'll land Bo Bichette. 12% (837)
  • Yes, they'll land Cody Bellinger 8% (551)

Total votes: 7,099

The Opener: Bichette, Phillies, Red Sox, Bellinger, Yankees

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Here are three things we’ll be keeping an eye on around the baseball world today:

1. Bichette meeting with the Phillies:

The Phillies are reportedly scheduled to meet with infielder Bo Bichette today. The fit between Bichette and Philadelphia is a complicated one, however. Reporting has indicated that the club would need to not only forgo their pursuit of a reunion with J.T. Realmuto in order to land Bichette, but also trade third baseman Alec Bohm. Perhaps that would all be worthwhile in order to land another impact player to join Kyle Schwarber, Bryce Harper, and Trea Turner in the middle of the team’s lineup, but it’s not the most straightforward fit.

The meeting comes on the heels of Toronto’s recent signing of third baseman Kazuma Okamoto. The Blue Jays’ decision to bring in another infielder doesn’t explicitly rule out a reunion with Bichette, who has long expressed a desire to remain in Toronto, but it arguably made outfielder Kyle Tucker a cleaner fit for them at this point. The meeting between Bichette and the Phillies dovetails nicely into the next item here…

2. What’s next for the Red Sox after missing on Bregman?

The Cubs made a big splash this weekend by inking third baseman Alex Bregman to a five-year deal worth $175MM. Deferred money brings that contract value down to the $150-155MM range, but that was still enough to outbid the Red Sox in their efforts to retain Bregman. Boston reportedly topped out at an offer of $165MM over five years — also with significant deferred money but lacking the no-trade provision the Cubs included.

With Bregman now ticketed for Chicago, the Red Sox will have to pivot. That could mean stepping up their pursuit of Bichette, with whom they reportedly met with over Zoom last month. Bichette was of interest to both the Cubs and Red Sox, so while it hurts him to lose one possible landing spot in Chicago, it also intensifies the need/urgency of another suitor up in Boston. The Red Sox could also look for a shorter-term addition like Eugenio Suarez, and a trade for an established infielder (e.g. Houston’s Isaac Paredes) can’t be ruled out either. One way or another, the Sox ought to have at least one more notable splash in store this winter.

3. Can Yankees, Bellinger bridge the gap?

Elsewhere in the AL East, the Yankees and Cody Bellinger have reportedly reached an impasse in contract negotiations. New York is said to be sticking to its guns with a five-year offer that guarantees Bellinger more than $150MM, while Bellinger’s camp remains steadfast in their desire for a longer-term contract — perhaps as many as seven years. In the meantime, Bellinger figures to draw interest from the Mets and Dodgers. He’s also been connected to the Cubs, though their recent addition of Bregman likely takes them out of that market. MLBTR’s Anthony Franco recently took a look at some other potential landing spots. As for the Yankees, the team has been loosely connected to other high-end players like Bichette and Tucker as potential backup plans to Bellinger, and the trade market could always present alternatives.

Details Of Red Sox’ Pursuit Of Alex Bregman

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2:19pm: Cotillo reports that Boston’s offer to Bregman was for five years and $165MM with significant deferrals.

2:09pm: Alex Bregman is headed to Chicago after landing with the Cubs on a five-year, $175MM contract that was first reported last night. That’s a crushing blow for the Red Sox, who were long reported to be prioritizing a reunion with Bregman after he opted out of the final two years and $80MM on his contract with the club back in November. In the aftermath of Bregman’s departure, reports out of Boston are shedding some light on the efforts the Red Sox made to retain their All-Star, and where that offer ultimately fell short.

According to a report from The Boston Globe’s Peter Abraham last night, the Red Sox “did not come close financially and were not willing to give Bregman a full no-trade clause, which the Cubs did.” Today, reporting from Chris Cotillo and Sean McAdam of MassLive confirmed that the Red Sox were unwilling to offer Bregman a no-trade clause and added that the team cited “organizational policy” regarding no-trade protection in doing so. That, McAdam writes, “proved to be a sticking point” for Bregman, who has young children and values stability for them as he heads into his third consecutive year in a new city.

As for the financials, McAdam writes that the five-year offer from Boston was “reasonably competitive,” but added that it fell short of Chicago’s offer financially. Like the Cubs’ offer, which includes $70MM in deferred money, the Red Sox offer also included significant deferrals. Those deferred payments were scheduled out differently, however, as McAdam notes that the Red Sox proposed a payment plan “stretching out decades.” The exact payment details of Chicago’s offer aren’t yet known, McAdam notes that the decades-long payment structure Boston offered widened the gap between the two offers and reduced the value of the Red Sox’ offer further than the already-lower sticker price, relative to the Cubs’ offer.

Exactly how the two offers stack up will be easier to judge once more details come out about Bregman’s contract details in Chicago, but in any case it seems the offer that the Red Sox reportedly considered “aggressive” came up well short of what Cubs president of baseball operations Jed Hoyer and his front office managed to put together. As a result, the Red Sox will have to turn elsewhere in their search for another middle-of-the-order bat for their infield. USA Today’s Bob Nightengale was among the reports to suggest in the aftermath of Bregman’s signing that the other top infielder on the market, shortstop Bo Bichette, could be the player they pivot to. Bichette figures to sign for even more than Bregman, did, however; MLBTR predicted an eight-year, $208MM contract for the infielder at the outset of the offseason.

Some of that, of course, has to do with the contract length. Perhaps an eight-year deal for Bichette, which would run through his age-35 season, would be just as or even more appealing to the Red Sox than signing Bregman through his age-36 season on a five year deal. On the other hand, it’s worth noting that this Red Sox front office has not yet given out a contract longer than three years via free agency. If the team has an aversion to long-term deals more generally, it would be difficult for the Red Sox to outbid rival suitors for Bichette like the Phillies and Yankees that have no qualms about signing free agents to lengthy contracts.

If the Red Sox aren’t willing to splurge on Bichette, the pickings for replacement Bregman become a lot slimmer. Eugenio Suarez offers big power and could be a fit on a shorter-term deal in free agency, but he struggled in the second half last year, will play this year at 34 years old, and is a lackluster defender at the hot corner. Turning to the trade market, Alex Speier of the Boston Globe reportedly shortly before the new year that the Red Sox had narrowed their focus to five infield options: Bregman, Bichette, Ketel Marte, Isaac Paredes, and Brendan Donovan. With Bregman now in Chicago and Marte having been officially taken off the market by Arizona, that leaves Paredes and Donovan as the two primary alternatives to Bichette in that report.

Of the two, Paredes seems to be the better fit. Both are controlled for two seasons after this one, but Paredes is a right-handed hitter who seems likely to cost less in trade than Donovan. While Paredes has been pushed out of the Astros’ nominal starting lineup by the addition of Carlos Correa over the summer, Donovan’s market is known to have many suitors including the Giants, Mariners, and Royals. What’s more, Paredes is a right-handed hitter who primarily plays third base, making him a much cleaner replacement for Bregman than Donovan, a lefty hitter who has played all over the field but primarily plays second base. Paredes is also a marginally better hitter over the last four seasons (124 wRC+ vs 119) coming off a stronger platform season (128 wRC+ vs 119). Paredes (hamstring injury) and Donovan (sports hernia surgery) both ended their seasons with injury complications but are expected to be full-go for Spring Training next month.

Of course, it’s possible the club could look at other options now that their preferred targets have begun to dwindle. The Cubs, themselves, now have a surplus of infield talent after bringing in Bregman displaced Matt Shaw at third base. Adding another unproven youngster to a very young Red Sox roster likely wouldn’t be especially appealing, but Cubs second baseman Nico Hoerner has garnered trade interest this winter and could be more available now that Bregman has freed up Shaw to take over the keystone following a hypothetical Hoerner trade. An elite defender at second base who has also posted strong grades at shortstop in the past, Hoerner is a well-regarded clubhouse presence who could help fill the leadership void created by the loss of Bregman.

With that said, his 109 wRC+ last year was a career-high, and his lack of power is unlikely to be especially attractive to a team like the Red Sox that finished middle-of-the-pack in homers last year and expressed an interest in bringing in a big-time slugger like Kyle Schwarber or Pete Alonso earlier this winter in hopes of improving that area of the offense. It’s also an open question as to whether the Cubs would even be especially inclined to deal Hoerner, as an infield of Bregman, Hoerner, Dansby Swanson and Michael Busch would be among the strongest in baseball headed into 2026. What’s more, Hoerner is slated to hit free agency following the 2026 campaign and the Red Sox may prefer to add a player under longer-term control for fear of finding themselves in this same predicament again next year.

Padres Interested In Adding Starting Pitcher

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Even after adding Michael King back to their rotation last month, Ken Rosenthal and Will Sammon of The Athletic report that the Padres are hoping to add another starter before the season begins. With that being said, however, it appears no deal is particularly imminent. Rosenthal and Sammon go on to write that the club has indicated to multiple players’ agents around the league that they “are not yet ready to move” on the pitching market.

Rosenthal and Sammon suggest that the Padres could be holding off on making an addition in order to clear money off the books with another move, such as a trade of Nick Pivetta. There’s certainly reason to wonder if that might be the case. RosterResource estimates San Diego’s 2026 payroll at $220MM, a modest increase over last year’s $211MM figure. For luxury tax purposes, this year’s $262MM is virtually identical to 2025’s $263MM figure. There’s been no indication to this point that the club is willing to scale it’s payroll up substantially from last year’s numbers, and signing even a mid-rotation free agent like Lucas Giolito or Chris Bassitt could cost somewhere between $15MM and $20MM in terms of annual salary. Dealing Pivetta and his $20.5MM salary could, in theory, allow the Padres to sign a starter in free agency using that money while also recouping either a young starter or help for another area of the roster as part of the return package for Pivetta’s services.

The team shopping Pivetta would certainly be a logical reason for the team to hold off on signing a starter, and the team was known to be discussing a deal with the Mets last month and that Pivetta was one of the players involved in those discussions. Of course, Ramon Laureano, Mason Miller, Adrian Morejon, and Jeremiah Estrada were among the many names brought up in those negotiations. That deal never ended up coming to fruition, and The New York Post’s Jon Heyman reported earlier this week that talks regarding Miller, specifically “went nowhere.” That’s not a shock, given the massive price the Padres paid to acquire Miller just a few months ago. It’s hardly impossible that the Mets and Padres could still get together on a Pivetta trade that doesn’t involve Miller, though, and it’s certainly possible other teams looking for rotation help (such as the Yankees) could be intrigued by the right-hander as well.

Looking to clear salary isn’t the only plausible reason for the team to be waiting on making a rotation addition. Another possibility could be that they’re simply waiting for asking prices to drop. The club signed Pivetta in mid-February last year, with Spring Training fast approaching as players still on the market feeling pressure to sign. That allowed to land him on a creative four-year, $55MM deal that may not have been possible earlier in the winter. Waiting to see how the market develops could be particularly prudent if the Padres are intrigued by a player like Zac Gallen, who falls into a similar tier of the free agent market this year as Pivetta did last year.

It could also make sense if the club is hoping to add a starter from the lower tiers of the market on a relatively small guarantee. As teams fill out their rotations ahead of Spring Training, perhaps stragglers on the market would be especially attracted to the promise of a wide-open lane to secure a rotation spot in San Diego. Bounce-back candidates like Walker Buehler, Erick Fedde, and Jordan Montgomery are among the many pitchers who that sort of approach could make sense for.

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