Just like that, the 2024-25 MLB hot stove has kicked off! We had a trade just one day after the Los Angeles Dodgers hoisted the World Series championship trophy.
All eyes this winter were on the top free agent, young slugger Juan Soto, who left the New York Yankees for a record contract with the New York Mets. But he’s not the only one who will make a splash in the market.
Which teams will go all-in to contend for a 2025 World Series title? Where will other top free agents such as Corbin Burnes, Pete Alonso and Alex Bregman land? And who will make the trades and deals that have everyone buzzing?
Below is a running list of notable transactions and updates from throughout the MLB offseason.
The Texas Rangers have agreed to a trade for power-hitting corner infielder Jake Burger, sources told ESPN on Tuesday. In exchange, the Miami Marlins will receive two shortstop prospects, Echedry Vargas and Max Acosta, and a young left-handed starting pitcher in Brayan Mendoza. Story » | Grades »
Left-hander Max Fried and the New York Yankees are in agreement on a eight-year, $218 million contract, pending physical, sources tell ESPN. It is the largest guarantee in baseball history for a left-handed pitcher. Story » | Grade »
Blue Jays sign pitcher Garcia
The Toronto Blue Jays and right-hander Yimi Garcia are in agreement on a two-year, $15 million contract, a source told ESPN on Tuesday. Story »
Dec. 9
Phillies add Romano to bullpen
Closer Jordan Romano and the Philadelphia Phillies are in agreement on a free agent contract, pending physical, sources tell ESPN. Romano was nontendered by Toronto earlier this offseason. Story » | Grade »
Dec. 8
Mets sign Soto for MLB record $765 million
Superstar outfielder Juan Soto and the New York Mets are in agreement on a 15-year, $765 million contract, sources tell ESPN. It is the largest deal in professional sports history. Story » | Grade »
Shortstop Willy Adames and the San Francisco Giants are in agreement on a seven-year, $182 million contract, the largest outlay in franchise history, sources told ESPN on Saturday. Story » | Grade »
Right-hander Clay Holmes and the New York Mets are in agreement on a three-year, $38 million contract with an opt-out after the second year, sources confirmed to ESPN’s Jeff Passan on Friday night. Story » | Grade »
Rays add catcher Jansen
Catcher Danny Jansen and the Tampa Bay Rays are in agreement on a one-year, $8.5 million contract that includes a mutual option for a second season, sources tell ESPN.
Dec. 5
A’s sign Severino to franchise-record contract
Right-hander Luis Severino and the Athletics are in agreement on a three-year, $67 million free agent contract that is the largest guarantee in the franchise’s history, sources told ESPN. Story » | Grade »
The Chicago Cubs have added Matthew Boyd to their rotation in their first big offseason move, agreeing to a $29 million, two-year contract with the veteran left-hander, sources confirmed to ESPN. Story » | Grade »
Right-hander Michael Wacha and the Kansas City Royals are in agreement on a three-year, $51 million contract, sources tell ESPN. The deal includes a club option and can max out at four years, $72 million. Story » | Grade »