This year’s free agent class is just not bad. It might even be good, despite the lack of a single superstar at the top. There’s a surprising amount of depth in hitters and starting pitchers, and assembling 50 names was, relative to most of the years when I put together these rankings, kind of easy. I could have kept going if I were so inclined (I am not so inclined).
This is my ranking of the top 50 free agents on the market, given what we know now and what seems most likely to happen in the next week or so. I ranked them according to how much I might commit to each of them if I were a GM with a need for that player and had no particular payroll constraints — not necessarily what they will get, but what I think they’re likely to be worth, considering their likely future production, playing time, and growth or regression over the life of such a contract. Your mileage, as always, may vary.
Because I’m writing this before the World Series ends, this also represents my best guesses on some club and player options where neither side has indicated their intentions. For example, I am assuming the teams involved will exercise their options on Brandon Lowe, Ozzie Albies, Ramón Laureano, Max Muncy, Luis Robert Jr., Chris Sale, Freddy Peralta, Shota Imanaga and Andrés Muñoz, and that Trevor Story will not opt out of his deal. There could also be more players coming to MLB or back to MLB from NPB and KBO; I’ll make some sort of adjustment if another free agent who belongs on this list emerges.
(Note: Ages as of Dec. 31, 2025.)

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Tucker played nearly a full season in 2025 after missing about half of 2024 due to injury, but he didn’t have the kind of full-season breakout year that the Cubs were hoping to get when they traded three players for him last offseason. He actually hit fewer homers this year (22) than he did in his abbreviated 2024 season (23), and all of his Statcast power indicators were down and his ISO was the lowest of his career. He played with a hairline fracture in his right hand for over half of the season, however, and that almost certainly explains his power outage. He suffered the injury on June 1, when he was slugging .524, returned three days later and slugged just .415 the rest of the season. That’s a good reason to bet on a bounceback from him in 2026, as is the fact that he continued to improve his pitch selection, matching the lowest chase rate of his career while swinging more at pitches in the zone.
He’s been an above-average defender in right for most of his career and should remain so for several more seasons. He’s one of the youngest free agents in the class, as well, so a long-term deal gets the signing club several of his peak seasons. I think after an offseason to let his hand strength return, he’ll go back to being a 30-homer player with OBPs in the top 10 percent of his league for multiple years, and he should get the biggest free-agent deal of the winter because of that upside.

Before this postseason, Bichette had never played an inning in the majors anywhere other than shortstop, but it’s time for him to make that move to second base permanently. He hasn’t had a positive Runs Above Average measurement for his defense except for the shortened 2020 season, and was at minus-10 this past year, which means his defense cost the Jays a full win of value. His bat will still make him a star at the keystone, and he might be an above-average defender there.
Bichette’s unusual swing and fringy bat speed haven’t stopped him from posting above-average contact rates, including a career-best 14.5 percent strikeout rate in 2025, and hard-hit rates always above the median with a peak of 50.3 percent in 2022. Put him at second base and even if he’s an average defender he’ll be a 4.5-5 win player for many years. He should get more than Willy Adames did last winter.

After kind of a lost year in Chicago in 2024, Bellinger went to the Bronx and had a bounceback season that marked the second-best WAR of his career, although by wRC+ it was below his 2023 performance for the Cubs. Bellinger had an enormous home/road split in 2025, with a .302/.365/.544 line at Yankee Stadium — a very good park for left-handed power hitters — and a .241/.301/.414 line away from it. But he did make some significant improvements at the plate as well, going from a .305 OBP against lefties in 2024 with two walks and 26 Ks to a .415 OBP against them with 18 walks and 17 Ks. (Small sample size caveats apply; he had 167 and 176 PA against lefties in the two seasons, respectively.)
Contrary to the current thinking around the game, Bellinger gets better results by not swinging as hard as he can; Statcast’s bat-speed measurements rate him well below the league average, so his x-stats — predicted average, slugging, etc. based on his batted-ball data — are all much lower than his actual stats. It’s a very specific approach that he developed after the Dodgers non-tendered him and he refined this year with the Yankees, focusing on contact and keeping his bat in the zone longer, and less on just trying to hit the (expletive) out of everything. I buy it, mostly, although he’s going to lose some homers if he’s not in the Bronx, with all of his power to the pull side. Add that he plays plus defense in either corner outfield spot, with the capability to play center field and first base, and he should be back in the market for a four-year deal.

After he got a tepid response in free agency last winter, Bregman signed a three-year deal with Boston with player options for 2026 and 2027. He seems certain to opt-out after a strong 2025 season that should get him four- or five-year offers this time around. Bregman’s bat speed hasn’t changed, but his approach went south in 2024 and then went back to his previous standard in 2025, with a much lower chase rate (19.8 percent, in the top 5 percent in baseball) and, not coincidentally, a higher walk rate. He’s never been an elite bat-speed guy, succeeding because he has excellent hand-eye coordination and his swing decisions are some of the best in the majors, which gives me a bit more hope that he’ll hold his production a little deeper into his 30s than the typical hitter — at least now that he’s made 2024 look like a fluke.
His defense was worse in 2025, but still above-average by Statcast’s RAA (+8 in 2024, +3 last year, albeit in about 25 percent less playing time). He missed over 40 games midseason with a quad injury; were it not for that he would have posted his best WAR since 2022. I could see him holding 3.5-4 wins per full season for the length of those deals I suggested above.

Only five pitchers have thrown 900 innings over the last five seasons, since baseball returned from the pandemic-shortened 2020 season, and Valdez is one of them. (I’ll name the other four at the end of this capsule.) He’s a classic sinkerballer who led MLB in groundball rate in 2024 and was third in 2025, hovering around 60 percent, working with a plus curveball as his primary offspeed pitch. The curveball has a big two-plane break, actually increasing in total break this year over 2024, and hitters have whiffed on it more than 40 percent of the time over his career. He uses the curveball against right-handed batters almost twice as often as he uses his changeup.
He’s coming off a good season, but not his best — that was 2023, when he posted career bests in walk (7.1 percent) and strikeout (24.8 percent) rates. If he cut his walk rate back to 7 percent or lower, he’d probably be close to a 5-WAR pitcher, and that’s an ace in this era. As is, he’s a No. 2 starter for almost every team, with the added value of the innings he eats. The other four pitchers to throw 900+ innings, in descending order of innings pitched: Logan Webb, Kevin Gausman, José Berrios and Zack Wheeler, with Valdez fifth on the list.

Suárez has never qualified for the ERA title, but he’s come close three times, with 150 or more innings in three of the last four seasons. He’s been consistently productive when he’s pitched, his FIPs have been between 3.21 and 3.87 since 2022 and his walk rate has come down in each of the last two seasons. The biggest reason why he hasn’t hit the magical 162-inning mark is back problems, the most recent of which kept him from pitching for the Phillies until May 4 this year, and those don’t typically get better in your 30s (or 50s, as I can attest).
Suárez is a sinker/changeup pitcher, and only throws true breaking pitches (curves, sliders, sweepers) 20 percent of the time, unusually low for a left-handed starter. The sinker does its job, keeping the ball on the ground, and the changeup ranges from above-average to plus, while he has always been more effective against lefties even without a plus breaker. He has plus control that he pairs with limited hard contact, especially in the air, and if he were more durable he’d be a $30-million pitcher. I’d rather have Dylan Cease (more on him below) on my team in the regular season, for all the innings he provides, but I’d rather have Suárez starting an elimination game for me in October.

Alonso ended up re-signing with the Mets in February after he got very little interest in free agency, shocking for a guy who’d hit 40 homers three times in his six seasons and was still only 30 years old. He spent the winter studying video to improve his swing mechanics, setting his hips differently at the start of his swing and moving them a little less and later when he did swing. It’s more efficient, putting more of the power he generates into his contact quality while also helping him avoid opening up too much. MLB’s bat speed metric has some issues, but Alonso’s went way up after the changes. It paid off in the first half, when he hit .280/.376/.532 with a 10.9 percent walk rate, which would have been a career high; in the second half, he dropped to .262/.304/.513 with a 5.2 percent walk rate, still productive, but closer to what he did in 2024 that the market didn’t like.
He can still do damage, but not as much as he did previously, and it looks like pitchers are slightly more willing to risk attacking him in the zone. His defense, never a strength, has gotten to the point where he probably needs to DH as his primary role. His power is still easily plus, he played every game each of the last two years, and even with that poor defense and the drop in his OBP in the second half, he was still a 3.4 bWAR/3.6 fWAR player. He may not be a great long-term investment, but he can help a lot of teams right now as a big power bat at DH.

Schwarber certainly picked the right time to have a career year, and he’s actually set career highs in fWAR two years in a row. This season, he led the NL with 56 homers, just one off the Phillies’ all-time record set by the preeminent Ryan Howard, and finished 10th in the NL in OBP at .365, which helped him end up third in the league in wRC+ behind Shohei Ohtani and Juan Soto. The most remarkable part of his 2025 was probably his performance against lefties, where he hit .252/.366/.598, his second straight year of strong production when he didn’t have the platoon advantage in his favor.
That’s all to the good; now for the bad part. Schwarber will play at 33 in 2026, and he’s already a DH, and he’s also at the upper bound of how much a hitter can swing and miss while still being productive. His overall strikeout rate is in the bottom 10 in the majors, and he whiffs on breaking pitches over 40 percent of the time that he swings. His whiff rate on sliders alone was the fourth-worst in baseball this year, behind Ryan McMahon, Byron Buxton and Trevor Larnach; on curveballs, his whiff rate was seventh. He does nearly all of his damage on fastballs, which is great until his bat speed slips a little bit … which happens with age. I don’t think he’s lost any bat speed yet, but it’s coming at some point. I expect he’ll get another four-year deal, given the tremendous platform season, but I’d be very worried about the last half of that.

Cease’s 2022 season, when he posted a 2.20 ERA and ended up second in the AL Cy Young race with the White Sox, now looks like a huge outlier. His slider was the most valuable pitch in baseball in 2022 by Statcast’s data, worth 35 runs above average, and it was the most valuable pitch in MLB again in 2024 at +25 runs, but he hasn’t come close to that in any other season and doesn’t have another plus pitch to go with it.
His biggest selling point in free agency is his durability, as he’s made 32 or 33 starts every year for five straight years, and I believe he hasn’t missed a turn in the rotation since his promotion to the majors in July 2019. He’s had one of the worst strand rates among MLB starters in the last three years, as he’s been worse from the stretch over the course of his career, and has shown a small but consistent platoon split. He’s a mid-rotation starter who has the raw materials to put together another 5+ WAR season, but his baseline level is more around 2-3 wins, with the added value of the likelihood that he gives his team close to 200 innings.

MLB teams have been burning for Murakami to be posted for years, but the wild sheep chase is finally over as the Yakult Swallows are likely to post him this winter. He missed almost the entire first half of 2025 after offseason elbow surgery and then dealt with a nagging oblique injury, but in the 56 games he did play he still hit 22 homers with a .273/.379/.663 line, showing the big power and patience that made him such a coveted target. He starts with his hands way out from his body, which is pretty common for NPB players (Shohei Ohtani did this much more in Japan before he came to the Angels), and even in Japan he’s posted some high strikeout rates — 28.6 percent this past year, 29.5 percent the year before — with a greater tendency to chase stuff out of the zone. I’m also concerned about his ability to get to hard stuff in, given where his hands begin, although I had that concern with Ohtani and he obliterated those pitches in MLB after a year or so of adjustments. Murakami’s a third baseman now with good enough hands for the position but limited range, and he’ll probably end up at first base when he signs. He has 30+ homer upside with patience, probably a high three-true-outcomes line in the end, but wide variance in his potential value depending on how much contact he can maintain against better pitching in MLB.

Grisham’s 2025 season was his best one to date, with career highs in OBP, slugging and walk rate, along with his second-lowest strikeout rate, and, of course, that career-best 34 home runs. The offense carried him this year when he had the first negative Statcast fielding rating (-3 Runs Above Average) of his career. He’s definitely slowed down defensively from where he was several years ago, when he peaked at +10 RAA in 2022, although he’s still showing above-average range and making all of the plays expected of him. The breakout at the plate came about from some real changes to his setup and swing — he’s starting his hands higher, and his stance is much more open, with his feet spread further apart. The higher start position has allowed him to swing harder and a little later than he did previously, while the more open stance allows just about any hitter to transfer their weight more efficiently when they swing.
He’s always been a disciplined hitter, with consistently low chase rates and above-average walk rates, and in 2025 those also both improved — he had the third-lowest chase rate among regulars, behind only Juan Soto and Gleyber Torres, and the 10th-best walk rate. If he were still an elite defender in center field, he’d be one of the best free agents in the class, especially since he’ll play at age 29 in 2026. As is, he looks like a strong candidate to hold 3-4 WAR for the length of a five-year deal, and could offer some more upside if either his defense ticks up or he moves to left and his glove there is valuable enough to offset the change in position.

Torres hit .281/.387/.425 in the first half of 2025, with more walks than strikeouts, and looked like he was headed for the big payday that eluded him last winter. Unfortunately, he fared no better than the rest of the Tigers in the second half, with a .223/.320/.339 line that should raise concerns that his disappointing 2024 is more in line with who the real Gleyber Torres is as a hitter. It didn’t help that he was battling a sports hernia in the latter part of the season as well, undergoing surgery for it after the Tigers’ season ended. His main skill at the plate right now is his ball/strike recognition, as he had the second-lowest chase rate among all qualified hitters in 2025, behind only the master of the form, Juan Soto. Pitchers changed their method of attack against him in the second half, however, working more in the strike zone to Torres. The result was unsurprising: he ended up in more two-strike counts, and it dragged down his performance, with his strikeout rate jumping from 12.8 percent in the first half to 20.4 percent in the second. He’s not a good defender at second, with surprisingly poor range for a former shortstop, coming in at -4 or -5 Outs Above Average in each of the last three years. The low chase rate and solid contact rate seem like they should point to some more offensive upside, especially since he’ll play at age 29 in 2026.

Naylor’s home run total dropped from 31 to 20 this past season, but it was his best overall offensive year anyway because he hit for a much higher average, giving him a career-best wRC+ of 128. He cut his strikeout rate to 13.7 percent, same as he’d posted in 2023, and his BABIP got back to normal levels, which is to say there’s nothing in his 2025 stat line that he hasn’t done at some point before; this was just the first time he did most of it at once. He hits free agency entering his age-29 season, but I don’t think there’s more upside here than what we’ve seen: he’s a fringy defender at first, he’s not a very disciplined hitter (chase rate of 37.1 percent, mitigated by some decent bad-ball hitting) and his bat speed is just fair. The best-case scenario is that he holds that high contact rate and gets a few more balls over the fence; most likely he does that once in a four- or five-year deal, and the end of the contract sees him start to decline a little because he’s so dependent on his ability to avoid the strikeout.

Woodruff returned late in 2025 from shoulder surgery that also cost him all of the 2024 season, but then he suffered a lat strain in mid-September that ended his regular season and kept him out of the playoffs. He has a mutual option that I thought he was sure to decline, but after the second injury, I wonder if he’ll accept the $20 million and try to have a healthier 2026. The Brewers owe him $10 million regardless, so picking up another $10 million on their end of the option is a no-brainer. His velocity was down this year about 2.5 mph from where he sat in 2023, but he still had good ride on the pitch, and his changeup remains plus. Somehow, he turned that into the highest strikeout rate of his career, bearing in mind he threw about a third of a season’s worth of innings, and generated a lot of weak contact. I’m not sure how much to buy into the performance given where his stuff was, but you could also hope he gets a little more arm strength back with more time to work on strengthening the joint. He was a No. 2 starter for the three years before his injury, and even if he never gets back there, he should be a solid No. 4 as a floor.

Flaherty couldn’t repeat his strong 2024 season, but still had a solid year in the Tigers’ rotation, taking the ball 31 times, striking out 27.6 percent of batters he faced but with a big jump in his walk rate from a career-low 5.9 percent in 2024 to 8.7 percent. He was quite homer-prone for the second year in a row, which seems like it’s going to be a feature going forward. Flaherty was also awful in high-leverage spots, allowing a .333/.433/.605 line in such situations, which seems like a combination of bad luck and overuse of his four-seamer at those times. The four-seamer has never missed a ton of bats, but when he was sitting closer to 94 mph and had better command of it, the pitch was much more effective. In 2025, he had his lowest average four-seam velocity in any season, 92.9 mph, and allowed his highest hard-hit rate ever on the pitch at 47.7 percent. He can’t live in the middle of the zone with that pitch anymore, and he went to it too often in high-leverage spots. That’s a long way of saying I think he can be better than he was in 2025, at least halfway between what he produced in 2025 and what he produced in 2024 (3.1 bWAR/3.3 fWAR).
He’s made 86 starts over three years, with 161 and 162 innings in the past two seasons, and should at least provide some league-average work in the back half of a rotation. I think he gets paid more than that by a team that thinks they can unlock the 2024 version — lower walk rate, better pitch selection — and get more value. He has a $20 million player option but is likely to test the market.

Kelly will pitch at age 37 in 2026, but his performance this past year says he can still contribute at the back of someone’s rotation. His four-seamer and sinker are both pretty light, with the sinker getting the worst results he had on any pitch he used last year. He succeeds by working lower in the zone, limiting walks and leaning on his plus changeup, which has excellent fading action to generate whiffs and induce chases. There are warning signs, to be sure, as his velocity is trending down, and lefties tagged him for 17 homers and a .428 slugging percentage in 2025, the biggest platoon split he’d shown in the majors. I’d give him $8-12 million on a one-year deal to be my fourth starter, hoping for league-average work and some of the durability he’s shown since reaching the majors in 2019, with 150 or more innings five times in six full seasons.

The Mariners’ trade for Jorge Polanco looked like a disaster after a 2024 season during which he struck out a career-worst 29.2 percent of the time, a figure that would have ranked in the bottom 10 of all hitters had he played enough to qualify. He had always started his stance a little open regardless of which side he was hitting from, but it became way more exaggerated in 2024, and after the Mariners got him to close that off — so both of his feet are more or less in a straight line towards the pitcher — he became the hitter they thought they acquired. He posted the best wRC+ of his career in 2025, at 132, thanks to a career-low strikeout rate of 15.6 percent and a jump in his contact rate on pitches in the zone from 82 percent to 88 percent, all of which at least could be the result of closing off his stance so he’s in better position to hit and is ready on time. The result is a high-contact and hard-contact approach that produced 56 extra-base hits and that strong wRC+, and the batted-ball data says he may have even been a little unlucky. He’s a below-average defender at second or third, and became the Mariners’ primary DH in 2025, although I would probably give him a chance to play left field if I had an opening there. I’d bet on .270 or so with 20-odd homers and a low walk rate that limits his OBP, enough production to make him a 2-3 WAR player for a few years as a DH or maybe a 3+ WAR guy if he can hack it in the outfield.

Suárez has looked like he might be done at least twice already in his career — certainly off a 2021 season where he hit .198/.286/.428 playing in Cincinnati, and maybe off a 2023 season where he hit .232/.323/.391, leading the Mariners to dump him off on the Diamondbacks for Carlos Vargas and Seby Zavala. Suárez came roaring back this past season, matching his career high with 49 homers … but he still couldn’t crack a .300 OBP and struck out in 29.8 percent of his PA, the sixth-worst among qualifying hitters in baseball. His 2025 production was still worth 3.6 bWAR/3.8 fWAR, brought down by well below-average defense at third base.
I’m less concerned by the inconsistency than I am by some of the stuff under the hood: his production against fastballs is declining, he whiffs on pitches in the zone more than the average hitter and he had the highest chase rate of his career in 2025 (31 percent). I’d take him for a year, but he’s already 34 and any further loss of bat speed is probably going to be catastrophic.

Realmuto hits free agency off his worst offensive season since his rookie year in 2015, exacerbating what would already be major concerns that a catcher who’s about to turn 35 and has caught more games than any active player except Salvador Perez might be headed for the cliff. Everything slowed down for Realmuto at the plate in 2025, as he often looked like he was swinging underwater, with fastballs up top a particular problem for him as his bat speed slowed down, and even though his hard-hit rate and average exit velocity seemed adequate, his in-game power was noticeably down. He’s also swinging more than ever, which includes pitches outside of the zone, a dangerous thing to combine with declining bat speed. He still controls the running game extremely well, but he’s never been a great receiver, and if you care about framing as we at least enter the challenge era, he’s not good at that, either. He might have one more year as a solid regular in him, and I could see a team with a catching prospect on the way signing him for two years so he can handle part-time duty and mentor the younger guy.

O’Hearn is a platoon first baseman who might have graduated to full-time status with a strong 2025 line against lefties, albeit with a .358 BABIP that’s probably going to come down. He started his baseball life as a power-hitting prospect in the Royals’ system who didn’t seem to have much feel to hit and offered little defensive value. Since the Orioles picked him up for next to nothing, he’s become a very strong hitter who’ll flash a little power, with his value coming more from his solid approach and his ability to square up a lot of pitch types. He’s a fringy defender at first, but good enough to stay there, and even if his stats against southpaws regress to the mean, he’ll be a 2-WAR player for several years to come. Players like him haven’t fared that well in free agency, so maybe he’ll be a bargain for someone on a three-year deal.

Gallen finished among the top 5 in the NL Cy Young voting in 2022 and 2023, throwing 394 innings with a 3.04 ERA/3.16 FIP, production that was worth over 9 WAR in both formulas. He didn’t finish 2023 strongly, however, and hasn’t been the same guy since, as his four-seamer, once a dominant pitch, has become quite ordinary. It’s not showing up in the metrics — he’s down about a half a mile an hour, at most, and the induced vertical break hasn’t really changed — but the pitch doesn’t seem to have the same ‘rise,’ and the whiff rate on it went from about 19.5 percent in those two peak years to 13 percent since. He’s been durable, with only one IL stint for a hamstring strain in the last four years, which provides some value even at this reduced level of effectiveness. He’s probably not getting back to the 2022-23 peak without a significant change to his arsenal, which should put him more in line for fourth starter money and probably just a two-year deal.

One of the most overrated players of the century, Arraez led the National League in batting average for three straight years, but it’s an empty sort of batting average as he doesn’t walk or produce many extra bases. He hit just .292/.327/.392 in 2025, and his walk rates the last two years are the worst of his career. He’s never had good batted-ball data, with Barrel rates among the worst in baseball for much of his career, but last year everything took a turn for the worse, with the lowest Barrel rate and average exit velocity he’s ever posted. He had just seven Barrels all season in 618 balls hit into play, putting him ahead of only Chandler Simpson, Xavier Edwards and Nick Allen, none of whom slugged over .353. Arraez also lacks a position, as he’s a below-average defender at first and hasn’t been able to play anywhere else. His value depends on him hitting for a high average on balls in play, which in turn means a high batting average because his strikeout rate is by far the lowest in baseball, less than half that of the player with the second-lowest strikeout rate (Jacob Wilson, a similar hitter in many ways). If Arraez’s 2025 downturn was fluky, he could turn around and hit .315 this year and be someone’s regular at DH. He showed the downside risk in 2025, however, when his production was worth less than 1 WAR because the batting average is all he has.

Díaz will head to free agency if he declines, as expected, the two-year, $37 million player option in the huge contract the Mets gave him after the 2022 season. The 2025 season was his best since he signed the last deal and one of the best of his career, with a strikeout rate of 38 percent that was the second-best among MLB relievers last year, behind only Mason Miller. His velocity has been down since he missed the 2023 season, dropping from 99.1 mph in 2022 to 97.2 mph last year, with a similar drop on his slider, but both pitches remain plus with high whiff rates. The fastball gets tremendous run, and the slider is short but very deceptive, and even with a higher hard-hit rate last year (39.7 percent, his highest since 2019), he was still very effective because he missed more than enough bats. His only significant injury was as big a fluke as it gets, when he blew out his knee in a celebration during the 2023 World Baseball Classic, and perhaps that year off from pitching had a silver lining in giving his shoulder and elbow a break. I am skeptical of any reliever going into their 30s, and if Díaz loses any more stuff, in any dimension, he’s going to be a lot less effective in a big hurry. He’ll get way too long a contract, as the market continues to do with all capital-C Closers, even with the dismal history of four- and five-year deals for relievers.

Bieber’s results were just so-so in his return from Tommy John surgery, mostly because he was quite homer-prone (eight in 40 innings), but the underlying stuff looked good and his control was back as well. He also added a kick-change, a pitch that absolutely dies as it reaches the plate, and that gives him a potential out pitch, with a 39 percent whiff rate. That may matter if his command doesn’t get back to where it was pre-surgery; it still might, as he’s only thrown 40 innings plus the postseason, and isn’t even 20 months off the operation. He got hit harder in the zone in 2025, with more mistakes middle-middle, which isn’t the Bieber we all beliebed in. I think his reputation and the brief look at his stuff will lead to some three-year offers, so maybe he’ll finally get paid like he deserved to be when he was at his peak.

Iglesias’ velocity has been drifting down for a few years now, but the fastball is still wildly effective — his fastballs in total were worth +22 runs above average in 2025, per Statcast — and he pairs it with an above-average changeup. He’s also held up extraordinarily well for a reliever, throwing at least 55 innings in every full season since he moved to the bullpen in 2016. And he throws strikes, never walking even as many as 9 percent of batters in any year. It’ll work until it doesn’t, probably when his fastball eventually drops too much to miss bats in the zone. He’s at 18.8 career bWAR already, which is more than two-thirds of the way to Billy Wagner’s career total, and Wagner’s in the Hall of Fame.

The Padres gave Suarez a five-year deal off his 2022 MLB rookie season, which came after he’d pitched six seasons in NPB, so he was already 31 and pretty well developed by the time he reached the majors. That contract included two player options, so it will turn into a three-year deal when Suarez opts out this winter, as expected. It sort of worked out for San Diego as Suarez gave them 4.4 bWAR/2.8 fWAR over 162 innings for $30 million guaranteed. Suarez heads to free agency off his best season, with a career-low (in MLB) walk rate of 5.9 percent and his second-best strikeout rate. It’s a pretty easy 98-100 mph with ride and a little arm-side run, made harder to hit by his 6.8-foot extension out front and the added deception of a solid, if hard changeup. In addition, hitters just can’t seem to pull the heater in the air: Right-handed hitters put 80 of Suarez’s fastballs into play last year, and only five went to left field. He’s walking away from two years, $20 million; that’s about what I think he should get, but I think the market will give him three or four years with more like ‘closer’ money.

I wrote in September how wrong I was about Yaz when he was a prospect — or a non-prospect, in my eyes — in the Orioles’ system; I won’t go into that again here, other than to point out that Yaz has been a league-average or better hitter every year he’s played in the majors, including a 106 wRC+ this past year. It’s a lot of average or fringe-average contact quality, boosted by excellent plate discipline and a strong contact rate that’s in the top 20 percent of all MLB hitters. He’s a fringy defender in an outfield corner, so his value is all in his bat. He’s a straight platoon guy, with a dismal showing against lefties in 2025 that’s worse than his significant career-long platoon split, and is a great fit for a team with a right-handed corner outfielder/utility guy who could be his caddy.

Eflin’s three-year deal expired at the end of 2025; he generated 6.3 bWAR/7.7 fWAR in the first two years, but three injury-list stints and a back injury significant enough to require surgery made him below replacement level this past season. His four-seamer went from a solid-average pitch to try to set up his other weapons, especially his plus changeup, to an environmental hazard, with a hard-hit rate against the four-seamer of 61.9 percent. He didn’t pitch enough to qualify for the Statcast leaderboards, but among qualifiers, only one pitcher allowed a worse hard-hit rate on any pitch (Sandy Alcantara, 62.3 percent on his four-seamer). There’s a very good chance we see the previous version of Eflin again, where he’s leaning more on his cutter and changeup, both of which were plus pitches prior to 2025, with a fringy curveball and a four-seamer that he can throw for strikes without giving up too much damage. He’d been a mid-rotation starter for about seven years; as long as he’s fully healthy, I expect he’ll be one again, although he might end up taking a one-year offer to reestablish his value as a 2-3 win pitcher.

I guess you’re never too old to learn a new pitch: Verlander added a different curveball in 2025 and it was his best pitch by Statcast’s Run Value, at +7 runs, and had the highest whiff rate of anything he threw. (Statcast calls it a sweeper, by shape, but Verlander has called it a curveball, and it certainly looks like a curveball with a near 12/6 break.) It’s not a plus pitch, but gives him a different look, with harder velocity than old Uncle Charlie, helping him get more whiffs in the zone than he does on the traditional curveball and almost as many as he does on the true slider. There’s some bad news, though, as hitters made more hard contact against Verlander overall in 2025, and they’re hitting him more when he’s in the zone because he’s lost velocity and movement with age. (Haven’t we all, though?) The second curve helps, as does his increased changeup usage in the last two seasons. A year ago, I thought this would be his swan song, but he threw the grim reaper a sweeper and bought himself another yeeper … sorry, year.

Littell finished the year with a career-best 186 2/3 innings, ranking 11th in MLB, with a 3.2 bWAR/1.5 fWAR season that included a trade to a very unfavorable ballpark in Cincinnati. He’s almost an anachronism, a finesse guy with extreme control, posting the lowest walk rate of any qualifying starter — or any pitcher with even 120 innings — in 2025 at 4.2 percent. His ERA of 3.81 had a good bit of luck in it, as he stranded 81.2 percent of runners and allowed a BABIP of .249 that was way below both his career average (.301) and the MLB average (.291), which is why there’s such a wide gap between his two WAR measurements. He has some decent secondary weapons, with an above-average splitter that has decent bottom to it and an average slider, but it really comes down to his ability to limit walks. He’s such a soft-tosser, averaging 91-92 with below-average movement, that if his control ever wavers, he might not be a starter any longer. He was underpaid by a lot last year at $6 million; I’d give him two years and twice that salary, just trying to limit the chances of being around if his walk rate starts drifting up.

Bassitt just keeps rolling along, making 30 or more starts in four straight years, reaching 170 innings in all four of those seasons as well, and in 2025 he even brought his walk rate back down and his groundball rate back up after a blip in the prior campaign. His one real weakness is left-handed batters, as he doesn’t have a good enough pitch to keep his platoon split down; lefties hit .283/.352/.461 off him in 2025, which was actually a mild improvement from the year before, and at his age (turns 37 in February) he’s not likely to get better in this department. He’s been durable, he throws strikes and he does well enough against right-handed batters that the platoon split hasn’t killed him yet. I’d go one year on a contract just because of his age, but the $21 million he earned from the Blue Jays this past season seems about right.

King made only 15 starts in 2025 due to a shoulder impingement and a knee injury, and when he returned late in the season he wasn’t his usual self, struggling to get his normal sink on his two-seamer or locate within the strike zone. He had a $15 million mutual option with a $3.75 million buyout for the team’s side; despite two injuries and the poor showing later in the year, King declined his half of the option and is officially a free agent. He’s a sinker/changeup guy who picked up velocity after returning from 2022 surgery to repair a fractured olecranon in his throwing elbow, and who always pitched above the quality of his stuff thanks to a lower release height that gives him added deception. The 2023-24 version of King was a $25 million/year pitcher, at the least. I’m not sure what the odds are that he comes back to full strength after an offseason to rest the shoulder and the knee.

Imai has had a ton of success in NPB, with a 2.14 ERA in 337 innings over the last two seasons and a 27 percent strikeout rate. His stuff was down slightly in 2025, but he compensated with the best walk rate of his career, just 7 percent, down from as high as 14 percent back in 2021. He does it with deception: he has a low three-quarters arm slot with an extremely low release height, helped by the fact that he is pretty tiny by MLB starter standards, and his fastball is just average if not a tick below. The pitch everyone calls a slider looks a lot more like a screwball to me, as he turns his wrist the opposite way from a slider release, and the pitch has the sharp arm-side break of a screwball to make Carl Hubbell proud. He also added a forkball-style splitter in the last year or so, gripping the pitch between his middle and ring fingers, and he gets an unusually high spin rate on it. The screwball and forkball both generated whiff rates over 40 percent in 2025, and if he has success in MLB it’ll be because of those pitches. He’s really quite small for a starter, and his height along with where he releases the ball mean his four-seamer is very flat, which often leads to a pitch becoming homer-prone in the majors. There’s probably a mid-rotation starter formula here, especially the first time around the league as hitters have zero history with him, but there’s definitely the downside of a guy who’s going to allow too much hard contact on the heater to stay a starter.

Williams’ one year in the Bronx didn’t look great on the surface, with a 4.79 ERA and -0.2 bWAR, but there was more noise than signal in there — 45 percent of the batters he allowed on base eventually scored, and his .299 BABIP allowed was his worst since 2021. Of more concern is that his fastball is backing up just enough to cut into his strikeout rate, dropping it to a career-low 34.7 percent. His changeup, the “Airbender”, is still an elite pitch by results or metrics, although unless you’re Tommy Kahnle, your changeup’s effectiveness is tied to the strength of your fastball. I never advise investing in relievers for the long term because their attrition rate is so high, but I’d be fine giving Williams two years and so-called ‘closer money’ to see if regression to the mean (and to that 2.68 FIP) sets in.

Taiwanese players tend to come to MLB either by signing as amateurs or after a stint in Japan, so Hsu will be an unusual case if he ends up signing with an MLB club now — he’s 25 and has only pitched in Taiwan’s top league, the CPBL, where he had the best strikeout rate and strikeout/walk ratio among all starters this past season. He’s 95-98 with up to 21 inches of induced vertical break, helping him compensate for his diminutive stature (listed at 5-10), with an above-average changeup, a cutter and a show-me curveball, enough of an arsenal to send him out as a starter. He missed 2022 and much of 2023 while recovering from Tommy John surgery, and his 114 innings in 19 starts were both career highs to date. He doesn’t spin the ball particularly well, which is probably why he’s settled on a cutter as the third pitch, and between that and his height there is some reliever risk here. The delivery’s fine and he certainly can find the strike zone; with the quality of the fastball he could be a mid-rotation guy, and I would absolutely sign him with the full intention of starting him.

Kim missed the first half of the 2025 season while recovering from labrum surgery on his throwing shoulder, having signed a one-year deal with a player option with the Rays in February. He appeared in just 24 games for Tampa Bay before they waived him and Atlanta picked him up. Kim was bad for the Rays and mediocre for Atlanta, with a .234/.304/.345 aggregate line and below-average defense, including reduced arm strength. It’s quite possible that he wasn’t 100 percent physically when he played, between the shoulder and two IL stints for a back injury, so perhaps someone will bet on him returning to full health and becoming a 4-win player again. I don’t see any real positives in his brief return, however, and I’m concerned this is his new normal, enough that I wouldn’t go beyond a year and probably no more than what he’d turn down if he declines his option ($16 million).

Moncada hasn’t played a full season since 2021, so he’s a real lottery ticket for a team that can take on some risk at DH or in left field, but there’s still some juice in the bat, if you think you can keep him on the field. Even in just 400 PA, you might get 1.5+ WAR out of him. His hard-hit rate was a career high in his half-season of playing time, and he still flashed plus power. Get him off the dirt entirely — he was at -9 RAA last year, his worst showing ever at third base, but given his injury history I’d just move him anyway — and see if he can stay healthy and strong enough for a .250/.340/.450 kind of year.

Marte’s getting up there in years, yet overall he was a slightly better than league-average player in 2025 across his 98 games and 329 PA, with a 112 wRC+ and +1 Runs Above Average in the field. The MLB average for rightfielders in 2025 was a 102 wRC+, and had Marte played enough, his figure would have ranked him right at the median for everyday players. That’s a little disingenuous, as there’s no reason to think a 37-year-old would have maintained that level of performance and health while playing every day, but it’s a sign that he can still help teams in a semi-regular role in either corner, especially since he can still catch up to a decent fastball. He’s a perfect target for a second-division club to sign and hope to trade to a contender at midseason, probably coming in around a year and $8-11 million.

Martinez accepted the qualifying offer from the Reds last November, eschewing free agency and ensuring that he could go back on the market this offseason without the draft pick compensation attached to him. His 2025 performance was actually his worst by ERA since he returned from four years in NPB in 2022, and probably further underscores that his best role is as a swingman, rather than primarily a starter as the Reds used him. He’s a serviceable fifth or sixth starter, but the more he’s worked in the rotation the worse his performance there has become. In the last four years, he has a lower ERA in relief (2.94 versus 4.11), a higher strikeout rate (21.7 percent to 19.1 percent), and lower walk rate (5.8 percent to 6.8 percent). It’s hardly rocket science; he throws harder in relief, nearly a full mile per hour, and he gets more whiffs on his out-pitch, the circle change, in relief too. There’s a lot of hidden value in a pitcher who can move back and forth as Martinez did, and do so over a very high workload for a swingman (165 innings this year, a career high), so even off his down year he should still get one- or two-year offers in that $20 million/year range.

Houser is finally reaching free agency 15 years after the Astros took him in the second round of the 2011 draft, the same draft class that produced fellow Oklahoma high school pitchers Dylan Bundy and Archie Bradley, both now out of baseball entirely. Houser started 2025 in the Rangers’ system after signing with Texas as a minor-league free agent. He was released in May and then signed with the White Sox, after which point he had the best season of his career: 2.3 fWAR/3.3 bWAR, with a 3.31 ERA and 3.81 FIP over 125 innings, the last of which is the second-highest total he’s posted in the majors. He’s never had a significant arm injury, with just one IL stint for anything related to his elbow or shoulder in the big leagues, and he’s generally efficient as a sinkerballer who posts above-average walk rates. He doesn’t have an out pitch, however, even though the curveball looks like it could be one, and he doesn’t have a good enough pitch for lefties, with a .282/.367/.456 line allowed to left-handed hitters in his career that was still in evidence in 2025. He’s a fifth starter as-is, with some value from his durability, although he could be more if he found a more viable changeup or splitter.

When Giolito reached 140 innings on the season in mid-September, it seemed like a dead certainty that he’d decline his newly vested player option to return to free agency, coming off his best year since 2021. His elbow, surgically repaired for the second time before the 2024 season, flared up in late September, shelving him for the rest of the season, although he has no structural damage and was told to stop pitching to allow the inflammation to recede. Prior to that, his velocity was a shade above where we last saw it prior to the surgery, and his issues keeping four-seamers from resulting in home runs from 2023 didn’t appear at all in 2025. However, his changeup, once a plus pitch, lacked its usual depth, and even the new slider the Red Sox helped him add didn’t give him an above-average breaking ball. That pitch doesn’t have a ton of spin or break, but the pitch makes up for it with more velocity, peaking at 90.4 mph where it looks and functions as much like a cutter as it does a slider. (Pitch nomenclature has become a very slippery thing.) He’s probably a league-average starter if everything clicks, especially if he can bring his walk rate down a little more in his second year back from the surgery, but some of the underlying data point to regression from his strong 2025, and on top of that I assume teams will want to discount him because of the elbow issues at year-end. He’s better than the one-year, make-good class of free agent starters, but probably is looking at two-year deals as he did after 2023.

We’ll see if Civale ends up just “the guy who was traded for Andrew Vaughn,” but for now, he’s a serviceable back-of-the-rotation starter who throws strikes and is a little too homer-prone to be more than anyone’s fourth starter — and probably a fifth starter on a contending team. His arm slot drifted downward a little last year and it seems like he got on the side of the ball a lot more than usual, making several of his pitches less effective than they were the year or two prior. Maybe just getting his arm back up will help; he seems to have at least three average pitches in the cutter, changeup and his seldom-used slider to keep him as an innings-eater who’s a little below league-average — or maybe he’ll go to the bullpen, where he pitched very well in a short stint for the Cubs to end the season. He’s a one-year contract guy either way.

Mahle hasn’t had a healthy season since his big breakout year in 2021, when he threw 180 innings and tied for the league lead with 33 starts. Since then, he’s hit the IL with shoulder soreness in three separate seasons, missing over three months due to that reason in 2025, and had Tommy John surgery that wiped out nearly all of 2023. The good news is he pitched quite well this past year before and after the IL stint, and his velocity was pretty similar post-injury (92 mph on the four-seamer prior, 91.4 in two starts after), so he heads to free agency on a reasonably positive note. His 2025 performance was fairly lucky, with a .260 BABIP and 85 percent strand rate giving him an ERA more than a run below his FIP and two runs below more advanced ERA estimators. He’s qualified for the ERA title just that one time, and his 86 1/3 innings last year marked his highest since 2022, so I would value him as someone who might throw 100 innings and maybe 16-20 starts, pitching around a league-average level (4.36 xERA last year). That’s probably a one-year, $10-12 million guy, maybe getting creative to give him a bunch of salary escalators as his innings total increases so everyone wins.

Griffin’s MLB tenure was somewhat cursed — he blew out his elbow in his first major-league appearance in 2020, got back to the majors briefly in 2022, and gave up six runs in 6 1/3 innings for what remains his last stint in the big leagues. He went to Japan and pitched well for the Yomiuri Giants over the last three years, with a 2.57 ERA in 315 2/3 innings, powered mostly by his above-average control (5.3 percent walk rate) and an expansion of his arsenal to add a splitter, a two-seamer and a sweeper, giving him seven distinct pitches. He’s a classic finesse lefty with command, feel to pitch and a kitchen-sink arsenal. I’m tempted to call him a junkballer because he sits 90-91, but that term seems a little derogatory for a guy who’s had this kind of success. There’s definitely risk for any pitcher trying to start with that kind of velocity, particularly that he’ll be very prone to hard contact on the fastball. Griffin, at least, has the elements you want to see for a pitcher to compensate for a below-average four-seamer.

Goldschmidt’s 2025 season was worth 1.2 bWAR/1.0 fWAR thanks to his production against left-handed pitching: he hit .336/.411/.570 off southpaws, and .247/.289/.329 against righties. He’s still an excellent receiver at first base, but, unsurprisingly, has lost most of his range at the position as he’s gotten older. At the plate, he’s still so good against lefties that I think there’s a place for him on even a contending roster, but I’d rather see him sit more against right-handers than the Yankees chose to do, putting him in something closer to a strict platoon.

Takahashi went to Driveline three years ago and saw his velocity jump, although it hasn’t translated into strikeouts. His career-high strikeout rate was 20 percent back in 2020, and it dropped to 14.3 percent this past season. He’ll show an above-average slider and splitter, coming from a three-quarters slot with a very clean delivery where he gets on top of the ball well, pitching more north-south than east-west. He’s succeeded in Japan, albeit more as a league-average guy lately, because he doesn’t walk many and he has very good feel for using all of his pitches to try to limit hard contact. That’s a formula that hasn’t historically worked that well for pitchers coming to MLB from overseas; Tomoyuki Sugano was also a feel/command guy who had even lower walk rates than Takahashi, and he became very homer-prone as his first MLB season went along. As is, Takahashi’s probably a good fifth starter, but he’d need another pitch or a significant improvement to one of his existing ones to be more.

Andujar went from the A’s to the Reds at the trade deadline and went off in 34 games for Cincinnati, raising his full-season line to .318/.352/.470. The Reds wisely got him off the field, using him primarily as a DH, and that’s a lesson for whoever signs him next — he can back up at first or in an outfield corner, but only as the understudy to the understudy, and you should just let him hit. He doesn’t swing and miss much at all, and he uses the whole field well, so just putting the ball in play with even mediocre contact quality is enough to make him a one-win player as a DH. It’s a tough market for this profile, so I’m expecting him to sign a one-year deal somewhere, perhaps with a second-division team that would look to flip him to a contender in July.

Okamoto is a power-over-hit guy who’s almost certainly moving from third base to first if he comes over to MLB; he’s got a thicker body and his bat speed is visibly slower than you’d want given how much harder MLB pitchers throw than the typical NPB pitcher. The power is easily plus, as he had six straight seasons of 30-plus homers through 2023, after which he hit 27 in 2024 and then missed half of 2025 due to an arm injury he suffered in a collision at first base. I’m skeptical of the hit tool; he might hit 20 or so homers with a sub-.300 OBP because pitchers realize they can attack him with their best velocity, and that’s not an everyday player at first or DH.

Mullins’ 2021 season was a great story, as the 13th-round pick finally got a shot at playing time and hit 30 homers with a .291/.360/.518 line and solid defense, good for 6.2 bWAR/6.0 fWAR. He never came close to repeating that, dropping back to 16 homers and a .258/.318/.403 line a year later that was more or less his level until this past season, when he started poorly for Baltimore and cratered after a July trade to the Mets. He’s still an above-average defender in center, a strong baserunner, and before 2025 hit righties well enough to be a platoon player. He became very pull-oriented in 2025, which may not dovetail well with his below-average power and contact quality, and also seems like a path for him to regain some of that lost production by using the whole field a little more. He could be someone’s fourth outfielder or the strong side of a center-field platoon.

Ozuna might be done, although I don’t have enough confidence in that to leave him off the list entirely. His offense collapsed this past season and he only had positive value as a hitter because of a career-high walk rate of 15.9 percent, which could indicate that he just started taking more pitches because he couldn’t catch up to stuff he used to hit. His bat has definitely slowed down, and all of his batted-ball data was at or near career worsts for him in 2025. The one point in his favor is that he didn’t get blown up by velocity, which is usually a terminal diagnosis for a hitter whose bat speed is slipping. He might have another 1-2 WAR year in him, but I wouldn’t bet on anything beyond that.

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