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Ken Rosenthal and Will Sammon of The Athletic report that the Baltimore Orioles, Boston Red Sox, New York Yankees, San Francisco Giants, and Houston Astros are among the teams with interest in acquiring current Milwaukee Brewers starting pitcher Freddy Peralta. The 29-year-old Peralta is coming off an excellent 2025 season in Milwaukee. Across 176 2/3 innings (33 starts), he recorded a 17-6 record with a 2.70 ERA, 1.08 WHIP, and 204 strikeouts. While the Brewers won 97 games in 2025 and appear to be in win-now mode, they could look to move Peralta, given that he has just one season left under team control. Peralta slightly outperformed his underlying metrics and could be in for some regression in 2026. Still, he's established himself as a front-end starting pitcher, sporting a career 3.59 ERA and 29.9% strikeout rate. While Rosenthal and Sammon report that "no deal appears close" and "talks are fluid," it appears as though Peralta has multiple potential suitors. It could just be a matter of time before a deal comes together.--Will Brady
Source: The Athletic - Ken Rosenthal, Will Sammon
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The Atlanta Braves are in agreement with free-agent outfielder Mike Yastrzemski on a two-year, $23 million contract that also includes a third-year club option, per ESPN's Jeff Passan. The 35-year-old spent the first six-plus seasons of his big-league career with the San Francisco Giants before being traded to the Kansas City Royals at the 2025 trade deadline. Across 558 plate appearances split between San Francisco and Kansas City in 2025, Yastrzemski slashed .233/.303/.403 with 17 home runs, 46 RBI, 68 runs scored, and seven stolen bases. He cut his strikeout rate to a career-best 19.4% while upping his walk rate to 12.9%, his highest mark since the shortened 2020 season. The left-handed-hitting Yastrzemski sports a career .648 OPS against left-handed pitching, so he profiles best as a platoon bat. He's likely ticketed for a starting corner-outfield job against right-handed pitchers in Atlanta.--Will Brady
Source: ESPN - Jeff Passan
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The Colorado Rockies have selected former Detroit Tigers pitching prospect RJ Petit with the first pick of the 2025 Rule 5 Draft. Petit is a 26-year-old right-hander who has been in the Tigers organization since 2021. Across 66 1/3 innings split between Double-A Erie and Triple-A Toledo, Petit recorded a 10-2 record with a 2.44 ERA, 1.06 WHIP, and 79 strikeouts. As a result of selecting Petit in the Rule 5 Draft, Colorado must now keep Petit on its big-league roster for the entirety of the 2025 season. Petit has some closing experience in the minor leagues, as he's recorded at least three saves in each of the last four seasons. He could have an outside shot at working his way into the closer role in Colorado, which currently appears open for competition.--Will Brady
Source: MLB.com - Jonathan Mayo
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The New York Mets are showing interest in re-signing free-agent relief pitcher Tyler Rogers, according to Jon Heyman of the New York Post. Rogers spent the first six-plus years of his big-league career with the San Francisco Giants before the Mets acquired him from San Francisco at the 2025 trade deadline. The 34-year-old performed well in his time in New York, recording a 2.30 ERA and 1.10 WHIP across 27 1/3 innings pitched (28 games). However, Rogers recorded just 10 strikeouts for the Mets and has posted a meager 17.6% strikeout rate across 424 career MLB innings. While Rogers has some closing experience, recording 13 saves for the Giants in 2021, his inability to consistently miss bats likely limits him to high-leverage relief. If the Mets bring him back, Rogers would likely work in a setup role in front of newly acquired potential closer Devin Williams.--Will Brady
Source: New York Post - Jon Heyman
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The Pittsburgh Pirates have stayed aggressive in their pursuit of a bat this offseason and are among the teams that have inquired about Tampa Bay Rays second baseman Brandon Lowe, according to MLB Network's Jon Morosi. Lowe will make $11.5 million in 2026 after Tampa picked up his option. The Pirates were also pursuing designated hitter Kyle Schwarber before he re-signed with the Philadelphia Phillies for five years and $150 million. Lowe, 31, hit .256/.307/.477 with 31 home runs, 83 RBI, and 79 runs scored in 134 games in his eighth big-league season in 2025. The oft-injured left-handed-hitting second baseman had his best season since 2021. Lowe has plenty of pop from the left side, but his fantasy ceiling is limited because of his inability to hit left-handers and his lengthy injury history. But Lowe would be an upgrade for a Pittsburgh team looking to bolster its offense as they look to compete with a young and dominant pitching staff.--Keith Hernandez
Source: MLB Network - Jon Morosi
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The Baltimore Orioles have had talks with free-agent left-hander Framber Valdez, according to Jon Morosi of MLB Network. Despite agreeing to a five-year, $155 million contract with first baseman Pete Alonso on Wednesday, the Orioles remain engaged with the top end of the starting pitching market this offseason. Baltimore has reportedly been discussing a potential trade for Washington Nationals left-hander MacKenzie Gore, too. Valdez, 32, is expected to be too expensive for Houston's taste as they search for younger, controllable starting pitchers. The veteran southpaw isn't a big strikeout guy, instead leaning on inducing ground balls, but he's been one of the most consistent starters in baseball since 2020. He's also one of just five pitchers to throw 900 innings in the last four years. A move to the AL East wouldn't be ideal for Valdez's fantasy value, but his penchant for keeping the ball on the ground would certainly help.--Keith Hernandez
Source: MLB Network - Jon Morosi
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The New York Mets never made a formal offer to try and bring first baseman Pete Alonso back, a source told MLB.com's Anthony DiComo. It became clear to the Mets that the bidding for Alonso "was heading to places they weren't interested in going." The Baltimore Orioles landed the 31-year-old All-Star for five years and $155 million on Wednesday. It's been a rough week for the Mets, as they also lost former closer Edwin Diaz to the Los Angeles Dodgers. Alonso had a strong 2025 season in his last year in Queens, slashing .272/.347/.524 with 38 home runs and 126 RBI in a full 162 games. The Polar Bear is an elite source of power for fantasy managers, as he's clubbed 264 round-trippers in seven seasons since entering the league in 2019. We shouldn't expect Alonso to hit for average again in 2026 in Baltimore, but he's a pretty good bet for 30-plus homers and 100-plus RBI with the O's if he stays healthy.--Keith Hernandez
Source: MLB.com - Anthony DiComo
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The Baltimore Orioles have had steady communication about Washington Nationals left-hander MacKenzie Gore, sources told Jon Morosi of MLB Network. There is no indication that a deal is close, though. The Orioles have yet to complete a trade with the Nationals since the franchise moved to D.C. ESPN's Buster Olney reportedly recently that there is a perception among several front offices that the Nationals will definitely trade Gore this offseason. The 26-year-old southpaw was heading for a breakout 2025 campaign in the first half before fading in the second half while missing time due to ankle and shoulder injuries. He finished with a 5-15 record, 4.17 ERA, 1.35 WHIP, 185 strikeouts, and 64 walks in 30 starts (159 2/3 innings) in his fourth MLB season. It would be quite a splash for the O's, who just signed superstar first baseman Pete Alonso to a five-year, $155 million deal.--Keith Hernandez
Source: MLB Network - Jon Morosi
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Free-agent first baseman Pete Alonso and the Baltimore Orioles are finalizing a five-year, $155 million deal on Wednesday, sources tell ESPN's Jeff Passan. Alonso is leaving the Mets to join the American League East. The 31-year-old right-handed slugger was greeted by a cold market last offseason and eventually re-signed with the Mets for two years and $54 million. Alonso opted out of the final year of the deal after 2025, though, and now he's on the move. The Polar Bear had a career-high .272 batting average in 2025 in his final year with the Mets and added 38 home runs, a league-high 41 doubles, 126 RBI, and 87 runs scored in 162 games played. Alonso isn't the best defensive first baseman, but he makes up for it by being an elite slugger at the plate. He has cleared 30-plus home runs in all six of his full seasons and has topped 40 homers three times. Alonso gives the Orioles some much-needed thump in the middle of their batting order.--Keith Hernandez
Source: ESPN.com - Jeff Passan
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Toronto Blue Jays outfielder/designated hitter Anthony Santander (back, shoulder) is "finally feeling normal" after back and shoulder injuries limited him to 54 games in his first year with the team in 2025, according to manager John Schneider. Santander was a first-time All-Star in 2024 with the Orioles and had a career-high 44 home runs and 102 RBI before the Jays made him a high-profile free-agent signing last offseason. He was a massive bust in his first year in Canada, slashing .175/.271/.294 with only six home runs, 18 RBI, a 27.6% strikeout rate, and 16 runs in 221 plate appearances in the regular season. The 31-year-old battled a subluxated shoulder and a nagging lower-back injury. Most fantasy managers are going to be avoiding Santander in 2026, so he'll be very cheap, but he'll be losing outfield eligibility. If he can stay healthy, which is a big if, Santander could have a good shot to return to the 30-homer mark.--Keith Hernandez
Source: The Athletic - Mitch Bannon
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The Detroit Tigers and right-handed closer Kyle Finnegan agreed to a two-year, $19 million contract on Tuesday night, pending a physical, sources told Jeff Passan of ESPN.com. Finnegan will return to Motown after the Tigers acquired him at last summer's trade deadline from the Washington Nationals. The 34-year-old veteran was outstanding in his 16 relief appearances for Detroit, allowing just three earned runs while walking four and striking out 23 in 18 regular-season innings. He also recorded four saves while sharing closing duties with right-hander Will Vest. Finnegan wasn't nearly as dominant with the Nats before the trade, posting a 4.38 ERA and 1.28 WHIP with 20 saves in 39 innings. He was third in the league in 2024 with a career-high 38 saves in D.C. Finnegan returns to an ascending Tigers club, but a fourth straight 20-save season is far from a lock.--Keith Hernandez
Source: ESPN.com - Jeff Passan
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The Pittsburgh Pirates and left-handed reliever Gregory Soto have agreed to a one-year, $7.75 million deal, sources tell Jorge Castillo of ESPN. Soto, 30, posted a 4.18 ERA (3.49 SIERA) with a 25.1% strikeout rate across 60 1/3 innings in 2025. For the Pirates, Soto is expected to serve as a high-leverage reliever and could see opportunities in the closer role, depending on matchups. From a fantasy perspective, Soto will be most valuable in leagues that count holds as a category.--Marty Tallman
Source: Jorge Castillo
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The Boston Red Sox are no longer pursuing free-agent shortstop Bo Bichette unless his market changes, according to Julian McWilliams of CBS Sports. The 27-year-old is projected to command a five-year, $130 million contract this offseason. In 2025, he slashed .311/.357/.483 with 18 home runs, 84 RBI, 78 runs, four stolen bases, and a 134 wRC+ across 628 plate appearances. He also posted a .294 xBA while striking out 14.5% of the time. Bichette is widely regarded as one of the best pure hitters in baseball, and wherever he lands, he is likely to occupy the top of the batting order. From a fantasy perspective, he's an excellent asset to boost your team's batting average while still hitting close to 20 home runs.--Marty Tallman
Source: Julian McWilliams
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The Miami Marlins are in discussions with the Baltimore Orioles about a possible trade involving right-hander Edward Cabrera, according to Ken Rosenthal and Will Sammon of The Athletic. The 27-year-old remains under club control for three more years and is projected to earn $3.7 million in arbitration for 2026. After dealing Grayson Rodriguez to the Angels, the Orioles are seeking another high-end starter to pair with left-hander Trevor Rogers and right-hander Kyle Bradish. In 2025, Cabrera delivered a strong campaign, posting a 3.53 ERA (3.72 SIERA) with a career-high 17.6 K-BB% across 137⅔ innings. For fantasy, a move out of the pitching-friendly LoanDepot Park could be offset by the potential to win more games in Baltimore.--Marty Tallman
Source: Ken Rosenthal and Will Sammon
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The Boston Red Sox would be comfortable with Marcelo Mayer as their starting third baseman on Opening Day. The 22-year-old endured a rough rookie season, slashing .228/.272/.402 with four home runs, 10 RBI, 20 runs, and no steals while posting an 80 wRC+. He also struck out at a 30.1% clip across 136 plate appearances. His year ended early after a wrist injury that required surgery in August. Looking ahead to 2026, a fully healthy Mayer projects for roughly 15 home runs, 10 steals, and a .250 batting average. At present, he profiles as a viable middle-infield option in deep 12- or 15-team fantasy leagues.--Marty Tallman
Source: Matthew Crory

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