MLB Player News

Gray declined his side of a $30 million mutual option for 2027 on Friday and is now a free agent, Mac Cerullo of the Boston Herald reports.

Gray will be paid a $5 million buyout instead. He'll have an exclusive negotiating window with the Red Sox for five days, but it's unlikely the two sides will reach an agreement before Gray is able to field offers from other clubs, as well. The 37-year-old went 18-5 with a 2.72 ERA, 1.15 WHIP and 149:46 K:BB over 169 regular-season innings in 2026.

Bagwell underwent right elbow surgery recently, Lindsay Crosby of BravesToday.com reports.

The specifics of the procedure are unclear, but Crosby notes that Bagwell will likely miss the entirety of the 2027 season. Bagwell -- who turns 21 in February, posted a 3.17 ERA and 105:32 K:BB over 108 innings between Single-A Augusta and High-A Rome in 2026.

The Marlins exercised Alcantara's $21 million club option for 2027 on Friday.

Alcantara collected a 3.87 ERA and 153:59 K:BB over a league-high 214 innings this season. The 31-year-old is a tier below other frontline starting pitchers when it comes to swing-and-miss, but Alcantara has re-established himself as baseball's preeminent workhorse since coming back from Tommy John surgery. Alcantara is set to reach free agency next winter.

The Marlins outrighted Gonzalez to Triple-A Jacksonville on Thursday.

While no longer on the 40-man roster, Gonzalez will remain in the organization after passing through waivers unclaimed. The righty spent all of the 2026 season in the minors, posting a 6.05 ERA and 60:27 K:BB over 41.2 innings.

Martinez declined his part of a $20 mutual option for 2027 and is now a free agent, Jon Heyman of the New York Post reports.

Martinez will be given a $4 million buyout instead. The veteran right-hander turned 36 in August, but he could net a multi-year contract this offseason after posting a 3.10 ERA, 1.09 WHIP and 109:26 K:BB over 180 innings covering 31 regular-season starts for the Rays in 2026.

May declined his mutual option with the Brewers on Thursday, becoming a free agent, Jon Heyman of the New York Post reports.

May will hit the open market after helping deliver the Brewers a World Series championship over the Rays. The right-hander combined to produce a 4.70 ERA and 1.32 WHIP with 144 strikeouts over 145.2 innings in 31 starts with the Cardinals and Brewers during the 2026 regular season.

The Mariners declined Miller's $6.075 million club option for 2027 on Thursday.

Miller remains under team control through 2029, but the Mariners expect to be able to lock him in at a cheaper cost for 2027 via the arbitration process. The 28-year-old right-hander had an up-and-down 2026 campaign, finishing with a 4.17 ERA, 1.16 WHIP and 119:38 K:BB across 118.2 innings.

The Athletics outrighted Estes to Triple-A Las Vegas on Thursday.

Estes has seen little action in the majors the last two seasons, and he's allowed 21 runs over 18.1 innings during that stretch. He held a 6.50 ERA in 20 starts with Las Vegas in 2026, and it's likely he's headed back there to begin the 2027 season.

The Athletics outrighted Baez to Triple-A Las Vegas on Thursday.

He's no longer on the 40-man roster but will remain in the organization after passing throug waivers unclaimed. Baez spent all of the 2026 season at Double-A Midland, holding a 7.09 ERA and 51:32 K:BB over 53.1 innings covering 14 starts.

Imai will remain with the Astros in 2027 rather than exercising the opt-out clause in his contract, Jon Heyman of the New York Post reports.

Imai has two years and $36 million remaining on his contract, which is well shy of what he'd get on the open market after he posted a disappointing 4.93 ERA, 1.42 WHIP and 97:51 K:BB over 76.2 innings in his first year with the Astros. He has another opt-out clause in his contract that he could exercise after the 2027 campaign. Imai spent the final two months of the regular season in the bullpen, and it's unclear what plans the Astros have in store for Imai's role next season.