February 12, 2026

Free agent outfielder Nick Castellanos is drawing "a lot of interest" after being released by the Philadelphia Phillies on Thursday, according to Jon Heyman of the New York Post. Castellanos was cut loose after Philadelphia failed to find a trade partner. While none of the other 29 teams were willing to trade for Castellanos, Heyman notes that many of those organizations were waiting for him to be released. That shouldn't come as much of a surprise. Trading for Castellanos could have cost teams a prospect, and they would have had to pay a portion of the remaining money on his contract. By letting him hit free agency, he'll simply cost the league minimum without requiring trade compensation. However, teams will now have to compete for his services; we won't see a bidding war, but Heyman's report indicates that the veteran outfielder will get to pick from multiple suitors. Across 147 games in 2025, Castellanos slashed .250/.294/.400 with 17 home runs, a 5.4% walk rate, a 22.6% strikeout rate, and 90 wRC+. He posted negative fWAR with his bat and glove, and he also finished the year with -12 OAA and -12 FRV in the outfield. At this point in his career, the 33-year-old projects best as a part-time designated hitter, and he'd benefit from playing in a hitter-friendly ballpark.--Andersen Pickard
Source: Jon Heyman