The 2023-24 MLB hot stove is upon us. All eyes are on the top free agent, two-way star Shohei Ohtani, who many predict will become the first $500 million player in North American professional sports history.
Which teams will go all-in to contend for a 2024 World Series title? Where will other top free agents, such as Cody Bellinger and Blake Snell, land? Who will make the trades that has everyone buzzing?
Below is a running list of notable transactions and updates from throughout the MLB offseason.
Infielder Jeimer Candelario and the Cincinnati Reds are in agreement on a three-year, $45 million contract, sources tell ESPN. Candelario, 30, joins a young Reds team that has spent $87 million on free agents this winter.
Left-handed starter Eduardo Rodriguez and the Arizona Diamondbacks are in agreement on a four-year contract for around $20 million a year, pending physical, sources familiar with the agreement tell ESPN. Story »
Right-hander Erick Fedde and the Chicago White Sox are in agreement on a two-year, $15 million contract, sources tell ESPN. Fedde, 30, went 20-6 with a 2.00 ERA for the NC Dinos in the KBO, where he was named MVP this year.
Devenski returns to Rays
Right-handed reliever Chris Devenski and the Tampa Bay Rays are in agreement on a one-year contract with a club option, sources tell ESPN.
Right-hander Nick Martinez and the Cincinnati Reds agreed on a two-year, $26 million contract that includes an opt-out after the first season, sources told ESPN. Story »
Nov. 29
Severino joins Mets on one-year deal
Right-hander Luis Severino and the New York Mets on Wednesday agreed to a one-year, $13 million contract, sources told ESPN, sending the longtime Yankee to a Mets team that plans to spend its winter upgrading a depleted rotation. Story » | Grade »
The St. Louis Cardinals have agreed to a deal with free agent pitcher Sonny Gray, according to ESPN and multiple reports. Gray, 34, joins a revamped Cardinals rotation that also includes recent free-agent additions Lance Lynn and Kyle Gibson. Story » | Grade »
Right-hander Kenta Maeda and the Detroit Tigers are in agreement on a two-year, $24 million contract, sources familiar with the deal tell ESPN. Detroit has been all over mid-tier pitching, and the 35-year-old Maeda stays in the American League Central. Story » | Grade »
Right-hander Lance Lynn and the St. Louis Cardinals agreed on a one-year contract with a club option that guarantees $10 million and reunites the 36-year-old with the team that drafted him a decade and a half ago, sources familiar with the deal told ESPN. Story » | Grade »
Pitcher Yoshinobu Yamamoto is expected to be posted Monday, a source tells ESPN’s Buster Olney. That means the 45-day negotiating window for MLB teams will start Tuesday. Story »
Atlanta is exercising its $20 million option on the right-handed starter, sources tell ESPN, despite significant discussion within the organization about declining it. Story »
Key MLB offseason dates
Dec. 4-7: Winter meetings in Nashville, Tennessee
Dec. 6: Rule 5 draft
Jan. 12: Deadline for teams and arbitration-eligible players to submit salary figures