Spring training is just five weeks away, with Cactus League and Grapefruit League games set to kick off soon. Notably, the top four free agents and 17 of the top 50 remain unsigned, promising plenty of trade activity before camps open. Here’s a roundup of recent developments.
The New York Yankees have reportedly made a second offer to free agent outfielder Cody Bellinger, following an initial proposal last week. Although exact figures haven’t been disclosed, GM Brian Cashman emphasized that keeping Bellinger—who posted a 4.9 WAR season in 2025—is the team’s priority. Bellinger ranks as the sixth-best free agent this offseason. Additionally, with right-hander Edward Cabrera traded to the Marlins, a deal involving Cabrera might facilitate re-signing Bellinger, which in turn could help the Yankees trade former prospect Jasson Dominguez for pitching talent.
Trade discussions around Brewers ace Freddy Peralta are heating up again as the season approaches, with teams like the Braves, , Mets, Red Sox, and Yankees showing interest. Peralta’s 2026 salary is a manageable $8 million, making him an appealing target. Historically, the Brewers have traded star players like Corbin Burnes and Devin Williams before free agency, and Peralta fits this pattern. His combination of performance, durability, and affordable salary could make acquiring him more attractive than signing a top free agent.
The Pittsburgh Pirates, aiming to boost their offense, have shown interest in free agent third baseman Eugenio Suarez. The Pirates added Brandon Lowe and Ryan O’Hearn to a lineup that scored the fewest runs last year and had the lowest home run tally over the past three years. Suarez, ranked 14th among free agents this winter, would provide much-needed right-handed power and solidify third base. Pittsburgh’s current leading candidate at the position is Jared Toriolo, but Suarez would be a significant upgrade. The team has reportedly offered Kyle Schwarber over $100 million, which might bode well for Suarez’s contract negotiations.
In other news, the Philadelphia Phillies announced the hiring of Don Mattingly as their new bench coach. Mattingly, whose contract with the Blue Jays expired recently, brings extensive experience, having coached three seasons in Toronto and previously worked with Phillies manager Rob Thomson in New York. The move also adds a family connection, as Mattingly’s son, Preston, is Philadelphia’s general manager.
Fan Take: This flurry of moves shows just how dynamic and strategic baseball’s offseason is, with teams balancing star signings and savvy trades to reshape their rosters. Fans should watch closely, as these developments could dramatically impact team performances and the competitive landscape in the upcoming season.
