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 Bregmanland? 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.
Loáisiga returns to Yankees
Right-handed pitcher Jonathan Loáisiga and the Yankees have agreed on a one-year contract with a team option for 2026, a source tells ESPN. Story
Red Sox trading for Crochet
The Boston Red Sox are acquiring left-hander Garrett Crochetin a trade with the Chicago White Soxfor four highly-regarded prospects, sources tell ESPN's Jeff Passan.Story
Marlins, Rangers agree to trade for Jake Burger
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
Eovaldi returning to the Rangers
Right-hander Nathan Eovaldi and the Texas Rangers are in agreement on a three-year, $75 million contract, sources tell ESPN.Story | Grade
Guardians and Blue Jays complete trade
The Toronto Blue Jays are finalizing a trade to acquire three-time Gold Glove-winning second basemanAndres Gimenezfrom the Cleveland Guardians, sources tell ESPN. Story| Grades
Yankees land Fried on $218 million contract
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
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