Just like that, the 2024-25 MLB hot stove has kicked off! We have a trade just one day after the Los Angeles Dodgers hoisted the World Series championship trophy.
All eyes this winter will be on the top free agent, young slugger Juan Soto. But he’s not the only one who could 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 Bregman and? 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.
Free agency, trade grades | Top 50 free agents | Passan’s offseason preview
Notable MLB offseason transactions
Dec. 7
Giants, Adames agree on 7 years, $182M
Shortstop Willy Adames and the San Francisco Giants are in agreement on a seven-year, $182 million contract, the largest outlay in franchise history, sources told ESPN on Saturday. Story » | Grade »
O’s land O’Neill
Outfielder Tyler O’Neill and the Baltimore Orioles are in agreement on a three-year, $49.5 million contract, a source told ESPN, filling a void created by the free agency of slugging outfielder Anthony Santander. Story » | Grade »
Dec. 6
Mets sign Holmes … as a starter
Right-hander Clay Holmes and the New York Mets are in agreement on a three-year, $38 million contract with an opt-out after the second year, sources confirmed to ESPN’s Jeff Passan on Friday night. Story » | Grade »
Rays add catcher Jansen
Catcher Danny Jansen and the Tampa Bay Rays are in agreement on a one-year, $8.5 million contract that includes a mutual option for a second season, sources tell ESPN.
Dec. 5
A’s sign Severino to franchise-record contract
Right-hander Luis Severino and the Athletics are in agreement on a three-year, $67 million free agent contract that is the largest guarantee in the franchise’s history, sources told ESPN. Story » | Grade »
Dec. 3
Red Sox add Chapman to bullpen
Left-handed reliever Aroldis Chapman and the Boston Red Sox are in agreement on a one-year, $10.75 million contract, pending physical, sources tell ESPN. Story » | Grade »
Dec. 2
Cubs sign pitcher Boyd to two-year deal
The Chicago Cubs have added Matthew Boyd to their rotation in their first big offseason move, agreeing to a $29 million, two-year contract with the veteran left-hander, sources confirmed to ESPN. Story » | Grade »
Mets add to rotation with Montas signing
Right-hander Frankie Montas and the New York Mets are in agreement on a two-year, $34 million contract, sources told ESPN. Story » | Grade »
Nov. 26
Dodgers make splash with Snell signing
Left-hander Blake Snell and the Los Angeles Dodgers are in agreement on a five-year, $182 million contract, pending physical, sources tell ESPN. Story » | Grade »
Nov. 25
Angels add to rotation in yet another move
Left-handed starter Yusei Kikuchi is in agreement with the Los Angeles Angels on a three-year, $63 million contract, sources confirmed to ESPN on Monday. Story » | Grades »
Nov. 22
Royals trade for position players
The Kansas City Royals traded right-handed pitcher Brady Singer to the Cincinnati Reds for infielder Jonathan India and outfielder Joey Wiemer, the teams announced on Friday. Story » | Grades »
Nov. 20
Cubs add reliever in deal with Guardians
The Chicago Cubs are acquiring right-handed reliever Eli Morgan in a trade with the Cleveland Guardians, sources tell ESPN.
Nov. 19
Mets get outfield help in deal with Rays
The New York Mets have acquired outfielder Jose Siri from the Tampa Bay Rays for reliever Eric Orze. Story »
Nov. 18
Martinez accepts qualifying offer to stay with Reds
Right-hander Nick Martinez accepted the Cincinnati Reds‘ $21.05 million qualifying offer, multiple outlets reported Monday. Story »
Nov. 14
Angels sign infielder Newman to one-year deal
The Los Angeles Angels and infielder Kevin Newman agreed to a one-year $2.5 million contract with a club option for 2026, the team announced . Story »
Red Sox add reliever Wilson
Left-hander Justin Wilson and the Boston Red Sox have agreed to a $2.25 million, one-year contract, according to multiple reports. Story »
Nov. 12
Angels sign d’Arnaud to two-year deal
Catcher Travis d’Arnaud and the Los Angeles Angels are in agreement on a two-year, $12 million contract. Story » | Grade »
Nov. 6
Hedges returns to Guardians on one-year deal
Catcher Austin Hedges and the Cleveland Guardians are in agreement on a one-year contract, sources tell ESPN. Story »
Angels add veteran arm to rotation
Kyle Hendricks is in agreement with the Los Angeles Angels on a one-year, $2.5 million deal, sources tell ESPN. Story » | Grade »
Nov. 3
Royals re-sign Wacha to 3-year deal
Right-hander Michael Wacha and the Kansas City Royals are in agreement on a three-year, $51 million contract, sources tell ESPN. The deal includes a club option and can max out at four years, $72 million. Story » | Grade »
Oct. 31
Braves make first splash of offseason
The Atlanta Braves are trading outfielder Jorge Soler to the Los Angeles Angels and will receive right-hander Griffin Canning, sources tell ESPN. Story » | Grade »
Key MLB offseason dates
Dec. 9-12: Winter meetings in Dallas, Texas
Dec. 11: Rule 5 draft
Jan. 9: Deadline for teams and arbitration-eligible players to submit salary figures
End of January: Arbitration hearings begin
Feb. 22: Spring training games begin
