Live Updates on Every Trade, Signing, and Roster Move
Last Updated: December 3, 2025 - 6:30 PM ET
The Toronto Blue Jays have landed the top starting pitcher on the market, signing Dylan Cease to a massive $210 million contract. Cease has been one of the most consistent pitchers in baseball, eclipsing 200 strikeouts and making 32+ starts in each of the past five seasons.
This is a franchise-altering move. Cease gives Toronto a true ace they've been missing since the Robbie Ray days. Expect Blue Jays World Series odds to improve from +2200 to around +1400. AL East futures become more interesting with Toronto now a legitimate contender alongside the Yankees and Orioles.
Josh Naylor has agreed to a 5-year, $92.5 million contract with the Seattle Mariners. The deal includes a full no-trade clause and no deferrals. Naylor gives Seattle the power bat they've desperately needed in the middle of their lineup.
Seattle finally addresses their offensive woes. Naylor's power (30+ HR upside) and run production should boost their win total from 84.5 to around 88.5 wins. The AL West just got more competitive. Target Mariners OVER on win totals.
In a blockbuster trade, the Baltimore Orioles have acquired outfielder Taylor Ward from the Los Angeles Angels in exchange for pitching prospect Grayson Rodriguez. This is a clear win-now move for Baltimore.
Orioles: Ward adds a proven bat (.280+ hitter with 20+ HR power) to an already potent lineup. Combined with their Helsley signing, Baltimore is all-in for 2026. World Series odds should improve to around +900.
Angels: Rodriguez has ace upside but command issues. This signals LA is rebuilding around their young core. Fade Angels futures.
The Boston Red Sox have acquired veteran starter Sonny Gray from the St. Louis Cardinals. The Cardinals are covering $20 million of the $41 million Gray is owed over the next two seasons.
Red Sox: Gray gives them a veteran innings-eater as they rebuild their rotation. Good value with the Cardinals eating salary. Boston still needs more moves to contend.
Cardinals: Clear salary dump as St. Louis enters a retooling phase. Their window may be closing.
Two major closer signings: Ryan Helsley has agreed to a deal with the Baltimore Orioles, while Raisel Iglesias returns to the Atlanta Braves on a 1-year, $16 million contract.
Both teams address bullpen needs. Helsley gives Baltimore an elite closer to lock down late leads. Iglesias provides stability for Atlanta's ninth inning. Both teams become more reliable for run line betting.
The New York Mets have signed elite reliever Devin Williams, who saved 18 games for the Yankees in 2025 after being traded from the Brewers. Williams adds late-inning dominance to an already improving Mets bullpen.
Steve Cohen continues to spend. Williams' devastating changeup makes the Mets a legitimate threat in close games. Combined with potential Edwin DÃaz return, the Mets bullpen could be elite. NL East is shaping up to be a dogfight.
Four notable players accepted their $22.025 million qualifying offers: Trent Grisham (Yankees), Gleyber Torres (Tigers), Brandon Woodruff (Brewers), and Shota Imanaga (Cubs). All return to their respective teams for 2026.
The Woodruff and Imanaga acceptances are the biggest stories. Milwaukee keeps their ace, and Chicago retains their electric lefty. Both teams get rotation stability that should be factored into win total projections.
The Chicago Cubs have made their biggest splash of the off-season, signing former MVP Cody Bellinger to a massive 6-year, $192 million contract. The deal includes a full no-trade clause and backloads salary to allow the Cubs flexibility in 2026.
This immediately vaults the Cubs into NL Central contention. Expect their win total to move from 82.5 to around 87.5 wins. Division odds should improve from +450 to approximately +280. Bellinger's power bat gives them a legitimate middle-of-the-order threat they've been missing since the 2016 championship core departed.
In a blockbuster deal, the Tampa Bay Rays have traded ace Tyler Glasnow to the New York Yankees in exchange for their #2 prospect SS Jasson Dominguez, RHP Drew Thorpe, and OF Everson Pereira. The Yankees also received cash considerations to offset Glasnow's $25M salary.
Yankees: Adding Glasnow to pair with Gerrit Cole creates arguably the best 1-2 punch in the American League. Their World Series odds should move from +650 to around +475. This signals they're all-in for 2026.
Rays: Classic Tampa move - selling high on a pitcher entering his age-32 season. They're clearly punting on 2026 to reload their farm system. Win total will likely drop from 86.5 to around 79.5.
The defending World Series champion Texas Rangers have brought back veteran ace Nathan Eovaldi on a 3-year, $75 million deal. Eovaldi was dominant in their playoff run and the Rangers made retaining him a top priority.
Smart move by Texas to keep their championship window open. Eovaldi gives them stability at the top of the rotation alongside Jacob deGrom (when healthy). The Rangers remain legitimate World Series contenders at around +850. Their AL West odds stay competitive at +240.
The Atlanta Braves have avoided arbitration with left-hander Max Fried, agreeing to a 1-year, $18.5 million deal. This keeps Fried in Atlanta for at least one more season before he hits free agency next winter.
The Braves maintain rotation stability but this is just delaying the inevitable - Fried will command $150M+ next off-season. Atlanta remains the NL East favorite at +145. Watch for extension talks throughout the season. If Fried struggles or gets injured, this could be a massive overpay.
Los Angeles Angels superstar Mike Trout underwent successful knee surgery and is expected to miss the first 6-8 weeks of the 2026 season. This is another setback for the perennial MVP candidate who has battled injuries in recent years.
Brutal news for Angels bettors. Their win total was already sitting at a modest 78.5, and losing Trout for 2 months could push it down to 73.5 wins. The Angels were long shots for the AL West (+1800) and this essentially ends any playoff hopes before the season even starts. Fade the Angels early season until Trout returns.
In a complex three-team trade, the Cincinnati Reds have sent ace Luis Castillo to the Los Angeles Dodgers. The Dodgers sent prospects to both Cincinnati and Cleveland, while Cleveland sent veteran OF Tyler Naquin to Cincinnati to complete the deal.
Dodgers: Already the NL favorites, adding Castillo makes them absolutely loaded. World Series odds drop from +350 to around +275. They're building an All-Star rotation.
Reds: Full rebuild mode. They're punting on 2026-2027 to stockpile prospects. Win total could fall below 70.
The Seattle Mariners addressed their biggest weakness by signing elite closer Jordan Romano to a 3-year, $48 million contract. Romano brings a proven track record and stabilizes the back end of Seattle's bullpen.
Smart signing for a team that lost countless close games last year. Adding Romano should be worth 4-6 additional wins just by converting saves they blew in 2025. Seattle's win total moves from 84.5 to around 87.5. They're legitimate AL West contenders at +320.