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Feb 12, 2026, 2:33 PM ET

The Philadelphia Phillies are releasing veteran outfielder Nick Castellanos, according to Matt Gelb of The Athletic. The Phillies were unable to swing a trade for Castellanos, who is owed $20 million in 2026, so they ultimately decided to dump him and eat the money. The 33-year-old two-time All-Star should latch on elsewhere before the start of the 2026 season, but it's hard to envision him being a standout fantasy asset. Castellanos regressed even more in 2025 in his fourth and final season in Philly, slashing .250/.294/.400 with a .694 OPS, 17 home runs, 72 RBI, 72 runs scored, and four stolen bases in 147 games played. He was still useful for his counting stats because of the volume as a regular in one of the best lineups in baseball, but he lost his everyday role halfway through the year. Castellanos' hard-hit rate continues to fall each year, and he's among the worst defensive outfielders in the game. Wherever he lands, it will likely be in a platoon role.--Keith Hernandez
Source: The Athletic - Matt Gelb
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