The Phillies signed Keller to a two-year, $22 million contract Wednesday, Matt Gelb of The Athletic reports.

Keller was a full-time reliever for the first time in 2025 with the Cubs and excelled, collecting a 2.07 ERA, 0.96 WHIP and 75:22 K:BB over 69.2 regular-season innings. The Phillies intend to keep him in a bullpen role, though his past starting experience allows for the possibility that he could make some starts, if needed. Keller is in line to help set up for closer Jhoan Duran.

The Red Sox's preferred position for Campbell moving forward is left field, Chris Cotillo of MassLive.com reports.

Campbell was Boston's Opening Day second baseman in 2025, and he also saw starts in left field and center field with the big club. Additionally, the 23-year-old added first base and right field to his resume down the stretch at Triple-A Worcester. The Red Sox aren't ruling out Campbell playing multiple positions again in 2026, but chief baseball officer Craig Breslow said of Campbell's defense that the club has discussed "trying to narrow that a little bit and just giving him some stability and consistency." The Red Sox already have Jarren Duran, Ceddanne Rafaela, Wilyer Abreu and Roman Anthony vying for playing time in the outfield, so it's difficult to see an immediate path to playing time for Campbell even if Duran is traded. Campbell has been serving as a designated hitter in the Puerto Rican Winter League but is expected to see reps in left field soon. It seems likely that Campbell will open 2026 back at Worcester, where he spent the final three-and-a-half months of the 2025 season after hitting just .223/.319/.345 in the majors.

Rays president of baseball operations Erik Neander said Tuesday that Matz will be given a chance to open the season in the rotation, Marc Topkin of the Tampa Bay Times reports.

Neander said that Matz -- whose two-year, $15 million contract became official Tuesday -- has "a real desire" to be a starting pitcher again, and the "the investment was made with that in mind." All but two of Matz's 53 regular-season appearances in 2025 came out of the bullpen, but the 34-year-old has predominantly been a starter in his career. He posted a 3.05 ERA and 59:11 K:BB over 76.2 regular-season frames between the Cardinals and Red Sox this past season.

Pomeranz signed a one-year, $4 million contract with the Angels on Tuesday, Ari Alexander of KPRC 2 Houston reports.

Pomeranz was dominant during his time with the Cubs this past season -- his first MLB campaign since 2021 -- finishing the year with a 2.17 ERA and 1.07 WHIP alongside a 57:15 K:BB over 49.2 regular-season frames. By joining the Angels, the 37-year-old southpaw instantly becomes one of the most reliable arms in a bullpen that finished 2025 with an AL-worst 4.86 ERA, and he figures to receive a fair share of save opportunities alongside Ben Joyce (shoulder) and Robert Stephenson (elbow).

Romano (finger) signed a one-year, $2 million contract with the Angels on Tuesday, Jeff Passan of ESPN.com reports.

Once viewed as a dominant closer, Romano has struggled mightily over the past two seasons, posting a 7.83 ERA and 1.46 WHIP across 56.1 regular-season innings between the Blue Jays and Phillies. The Angels will now take a chance on the 32-year-old righty with hopes that he can return to his previous form, but he'll likely be limited to middle-relief work until he can display some consistency on the mound.

Martin (undisclosed) signed a one-year contract with the Rangers on Tuesday, Jeff Passan of ESPN.com reports.

Martin was a key part of the Rangers' bullpen this past season, as he finished the year with a 2.98 ERA and 1.20 WHIP over 42.1 innings while adding two saves and 13 holds. Now committed to another year in Arlington, the 39-year-old righty will likely continue to work in a setup role ahead of closer Robert Garcia.

Schunk signed a minor-league contract with Atlanta on Tuesday, Gabe Burns of The Atlanta Journal-Constitution reports.

Schunk went just 6-for-32 (.188) in the big leagues in 2025, but he slashed .291/.352/.477 over 363 plate appearances with the Rockies' Triple-A affiliate. His strong minor-league performance will grant him an opportunity to carve out a role for himself in Atlanta, though he's likely to spend the majority of 2026 in Triple-A again.

Angels general manager Perry Minasian said recently that he's not ruling out Trout playing some center field in 2026, Rhett Bollinger of MLB.com reports.

Trout was moved to right field at the beginning of the 2025 season, but he was a full-time designated hitter from late April on after suffering a bone bruise to his surgically repaired left knee. The three-time MVP has had a normal offseason and hopes to play the outfield in 2026, and Minasian said Trout is an option at all three outfield spots as well as DH. Trout's strikeout rate ballooned to 32 percent in 2025, but he made a late-season mechanical tweak and homered five times in his last seven games.

The Rays designated Peters for assignment Tuesday.

The transaction clears a spot on the 40-man roster for Steven Matz, whose signing was made official Tuesday. Peters went 0-for-12 with seven strikeouts during his brief time with the Rays in 2025 and slashed .266/.355/.429 at Triple-A Durham. He stands a good chance of passing through waivers unclaimed.

The Reds signed Ferguson to a one-year contract Tuesday, Gordon Wittenmyer of The Cincinnati Enquirer reports.

Ferguson made 70 regular-season appearances in 2025 between the Pirates and Mariners, posting a 3.58 ERA and 51:22 K:BB over 65.1 innings. The southpaw held left-handed hitters to a .184/.261/.204 batting line, so Ferguson should be leaned on heavily by manager Terry Francona in 2026 when the opposition has lefties due up.