alonso-getty-2.png
Getty Images

The 2025-26 MLB offseason is here, and the hot stove is starting to heat up. After a slow first day of the Winter Meetings, Kyle Schwarber kicked things off Tuesday by agreeing to a five-year, $150 million contract to return to the Phillies. Edwin Díaz, meanwhile, is joining the World Series-champion Dodgers and slugger Pete Alonso is headed to the Orioles for five years and $155 million.

Earlier this winter, right-hander Dylan Cease agreed to a seven-year, $210 million deal with the Blue Jays on Thanksgiving Eve. It's tied for the fourth-largest deal in terms of total money among active pitchers, and is a big boost for the reigning AL champs. 

While there's no Aaron Judge or Juan Soto on the market this winter, there's plenty of top talent still available. Kyle Tucker, a four-time All-Star who will turn 29 in January, leads the list, and though his second half left much to be desired, he could be a huge asset for any team. Alex Bregman was left on the market until late last winter but he showed no ill effects, putting up a 128 OPS+. On the pitching side, Framber Valdez and Ranger Suárez could frontline almost any rotation.

Josh Naylor became the first notable hitter to ink a new deal this offseason, heading back to Seattle in the winter's first major free agency deal. He's re-signing with the Mariners on a five-year, $92.5 million deal. The American League pennant-winning Toronto Blue Jays, meanwhile, brought Dylan Cease north of the border on a massive seven-year, $210 million contract, while the Mets signed closer Devin Williams after a disappointing 2025 season with the crosstown Yankees.

A record four players -- Brandon Woodruff (Brewers), Shota Imanaga (Cubs), Gleyber Torres (Tigers) and Trent Grisham (Yankees) -- accepted the qualifying offer and are returning to their respective teams for 2026.

Ranking top 50 MLB free agents for 2026: Kyle Tucker, Alex Bregman at top, plus landing spots for every player
R.J. Anderson
Ranking top 50 MLB free agents for 2026: Kyle Tucker, Alex Bregman at top, plus landing spots for every player

Our top 50 free agent rankings include write-ups on every player. CBS Sports will be keeping track of where they land below.

2025-26 MLB free agent tracker

RankPlayerPOSLast TeamNew TeamStatus
1
Kyle Tucker (28)
OF

2
Alex Bregman (31)
3B

3
Bo Bichette (27)
SS

4
Framber Valdez (32)
SP

5
Kyle Schwarber (32)
DH Agreed to five-year, $150 million deal
6
Cody Bellinger (30)
LF

7Munetaka Murakami3B/1BTokyo Yakult Swallows (NPB)

8
Shota Imanaga (32)
SP Accepted the QO
9
Pete Alonso (31)
1B Agreed to five-year, $155 million deal
10
Ranger Suarez (30)
SP

11
Dylan Cease (29)
SP Agreed to seven-year, $210 million deal
12Tatsuya ImaiSPSaitama Seibu Lions (NPB)

13
J.T. Realmuto (34)
C

14
Eugenio Suarez (34)
3B

15
Edwin Diaz (31)
RP Agreed to three-year, $69 million deal
16
Trent Grisham (29)
CF Accepted the QO
17
Michael King (30)
SP

18
Zac Gallen (30)
SP

19
Devin Williams (31)
RP Agreed to a three-year, $51 million deal
20
Luke Weaver (32)
RP

21
Robert Suarez (34)
RP Agreed to three-year, $45 million contract
22Kazuma Okamoto3B/1B/OFYomiuri Giants (NPB)

23
Josh Naylor (28)
1B Re-signed on five-year, $92.5 million deal
24
Ryan Helsley (31)
RP Agreed to two-year, $28 million deal
25
Brandon Woodruff (32)
SP Accepted the QO
26
Justin Verlander (42)
SP

27
Merrill Kelly (37)
SP

28
Gleyber Torres (28)
2B Accepted the QO
29
Jorge Polanco (32)
2B

30
Harrison Bader (31)
CF

31
Ryan O'Hearn (32)
1B

32
Mike Yastrzemski (35)
RF Agreed to two-year, $23 million deal
33
Lucas Giolito (31)
SP

34
Chris Bassitt (36)
SP

35
Brad Keller (30)
RP

36
Dustin May (28)
SP

37
Emilio Pagan (34)
RP Agreed to two-year, $20 million deal
38
Phil Maton (32)
RP Accepted two-year, $14.5 million deal
39
Tyler Rogers (34)
RP

40
Pete Fairbanks (31)
RP

41
Cedric Mullins (31)
CF Agreed to one-year, $7 million deal
42
Miguel Rojas (36)
2B Agreed to one-year, $5.5 million deal
43
Rob Refsnyder (34)
RF

44
Luis Arraez (28)
1B

45Cody PonceSPHanwha Eagles (KBO) Signed three-year, $30 million deal
46
Zack Littell (30)
SP

47
Michael Conforto (32)
LF

48
Josh Bell (33)
1B

49
Isiah Kiner-Falefa (30)
UTL

50
Steven Matz (34)
RP Agreed to two-year, $15 million deal