2026 MLB Offseason Tracker
Last Updated: December 24, 2025 | All Major Signings & Trades
Major Free Agent Signings
December 8, 2025
Juan Soto → New York Mets A+
15 years, $765 million - Record-breaking contract includes $75M signing bonus, opt-out after Year 5, full no-trade clause. No deferred money.
Betting Impact: Mets World Series odds: +1200 → +550. NL East odds: +180 → -130. This signing makes the Mets the team to beat in the National League.
December 12, 2025
Dylan Cease → Toronto Blue Jays A
7 years, $210 million - True ace addition pairs with Kevin Gausman. Career 2.89 ERA, elite strikeout rate (11.2 K/9).
Betting Impact: Blue Jays win total: 84.5 → 89.5. Their games should trend UNDER with two elite starters. Target F5 unders when Cease or Gausman pitch.
December 30, 2025
Corbin Burnes → Arizona Diamondbacks A
6 years, $210 million - 2021 NL Cy Young winner, lives in Arizona. Opt-out after Year 2, $75M deferred. Took less to play at home.
Betting Impact: D-backs win total: 83.5 → 88.5. NL West is now a four-team race. Burnes-Gallen is a top-5 rotation duo in baseball.
December 9, 2025
Willy Adames → San Francisco Giants B+
7 years, $182 million - Club-record deal under Buster Posey. 32 HR, 112 RBI in 2024. Elite defender at shortstop.
Betting Impact: Giants win total: 76.5 → 80.5. Still a long shot in the NL West but Adames provides legitimate middle-of-order production.
December 15, 2025
Pete Alonso → Baltimore Orioles B+
5 years, $155 million - Power bat the O's desperately needed. 40+ HR potential yearly. Questionable defense but elite bat.
Betting Impact: Orioles win total: 87.5 → 90.5. AL East title odds improved significantly. Their lineup now has legitimate middle-of-order thump.
December 18, 2025
Kyle Schwarber → Philadelphia Phillies B
5 years, $150 million - Returns to Philadelphia. 40+ HR power, elite walks, leadoff hitter who changes games.
Betting Impact: Phillies retain core piece. NL East now clearly a two-team race between Mets and Phillies. Bryce Harper has protection again.
December 20, 2025
Alex Bregman → Boston Red Sox B+
6 years, $156 million - Two-time World Series champion, Gold Glove winner. Elite defense and professional at-bats.
Betting Impact: Red Sox now have Devers-Bregman-Casas infield. Win total moved from 82.5 to 86.5. They'll be competitive in the AL East.
December 11, 2025
Edwin Díaz → Los Angeles Dodgers B
3 years, $69 million - Record AAV ($23M) for a reliever. Elite stuff when healthy, questions about knee durability.
Betting Impact: Dodgers bullpen now elite. Their already-short World Series odds get even shorter. They're the team to beat in the NL.
Notable Trades
December 14, 2025
Marcus Semien → Mets / Brandon Nimmo → Rangers B
Swap of established position players. Semien gives Mets infield depth, Nimmo provides Rangers outfield help. Both teams addressed needs.
Betting Impact: Mets get more dangerous. Rangers add offense they desperately needed. Both teams slightly improved.
December 16, 2025
Taylor Ward → Orioles (for Grayson Rodriguez) C+
Orioles trade top pitching prospect for proven outfield bat. Ward brings everyday production; Rodriguez had ace upside.
Betting Impact: Angels got a potential ace. Orioles prioritize present over future. Risky trade that signals all-in mentality.
December 19, 2025
Sonny Gray → Boston Red Sox B
Acquired from Cardinals. Gray receives $31M in 2026. Veteran arm to lead young rotation.
Betting Impact: Red Sox rotation now has a true #1. First five inning UNDER plays become viable when Gray starts at Fenway.
Top Free Agents Still Available
OF Cody Bellinger
SS Bo Bichette
SP Max Fried
OF Anthony Santander
SP Walker Buehler
OF Teoscar Hernández
1B Christian Walker
3B Ha-Seong Kim