The MLB free-agent market is officially open!
Juan Soto is the biggest name on the board — and the 26-year-old slugger might set a record for present-day value with his next deal after a career year with the New York Yankees — but he's just one of several All-Stars available in what figures to be an active winter.
[Related: 2025 MLB free-agent rumors tracker; 2025 MLB free-agent rankings: Juan Soto leads top 30]
Here are all the latest notable signings and the top remaining free agents in baseball.
MLB free-agent and trade tracker
Dec. 7
Orioles sign C Gary Sánchez
Reported terms: One year, $8.5 million
Orioles sign OF Tyler O'Neill
Reported terms: Three years, $49.5 million (opt out after 2025 season)
Giants sign SS Willy Adames
Reported terms: Seven years, $182 million
Dec. 6
Mets sign RHP Clay Holmes
Reported terms: Three years, $38 million
Guardians re-sign RHP Shane Bieber
Reported terms: One year, $14 million
Rays sign C Danny Jansen
Reported terms: One year, $8.5 million
Dec. 5
Athletics sign RHP Luis Severino
Reported terms: Three years, $67 million
Dec. 3
Boston Red Sox sign LHP Aroldis Chapman
Reported terms: One year, $10.75 million
Dec. 2
Texas Rangers sign C Kyle Higashioka
Reported terms: Two years, $13.5 million with a mutual option
Chicago Cubs sign LHP Matthew Boyd
Reported terms: Two years, $29 million
Dec. 1
New York Mets sign RHP Frankie Montas
Reported terms: Two years, $34 million
Nov. 29
Los Angeles Dodgers extend IF Tommy Edman
Reported terms: Five years, $74 million
Nov. 26
Los Angeles Dodgers sign LHP Blake Snell
Reported terms: Five years, $182 million
Nov. 25
Los Angeles Angels sign LHP Yusei Kikuchi
Reported terms: Three years, $63 million
Nov. 22
Kansas City Royals trade RHP Brady Singer to Cincinnati Reds
Who else is involved: Infielder Jonathan India and outfielder Joey Wiemer.
Nov. 20
Cleveland Guardians trade RHP Eli Morgan to Chicago Cubs
Who else is involved: A minor leaguer is reportedly heading to Cleveland in exchange for Morgan.
Nov. 19
Tampa Bay Rays trade OF Jose Siri to New York Mets
Who else is involved: RHP Eric Orze
12 players decline qualifying offer: New York Yankees OF Juan Soto; Baltimore Orioles SP Corbin Burnes and OF Anthony Santander; Boston Red Sox SP Nick Pivetta; Houston Astros 3B Alex Bregman; Arizona Diamondbacks 1B Christian Walker; Atlanta Braves SP Max Fried; Los Angeles Dodgers OF Teoscar Hernández; Milwaukee Brewers SS Willy Adames; New York Mets 1B Pete Alonso, SP Sean Manaea and SP Luis Severino
Nov. 18
Cincinnati Reds SP Nick Martinez accepts qualifying offer
Reported terms: One-year deal for $21.05 million
Nov. 14
Los Angeles Angels sign IF Kevin Newman
Reported terms: One-year deal, with club option
Previous team: Diamondbacks
Nov. 12
Los Angeles Angels sign C Travis d'Arnaud
Reported terms: Two years, $12 million
Previous team: Braves
Nov. 6
Los Angeles Angels sign SP Kyle Hendricks
Reported terms: 1 year, $2.5 million
Previous team: Cubs
Nov. 4
Atlanta Braves retain OF/DH Marcell Ozuna
Reported terms: Exercised one-year, $16 million team option
Nov. 3
Kansas City Royals re-sign RHP Michael Wacha
Reported terms: Three years, $51 million
Nov. 2
Chicago Cubs retain OF/1B Cody Bellinger
Reported terms: Exercised one-year, $27.5 million player option (with option for 2026)
Oct. 31
Atlanta Braves trade OF Jorge Soler to Los Angeles Angels
Who else is involved: RHP Griffin Canning to Atlanta.
Best remaining free agents
Juan Soto, OF
Corbin Burnes, SP
Alex Bregman, 3B
Max Fried, SP
Pete Alonso, 1B
Teoscar Hernández, OF
Anthony Santander, OF
Christian Walker, 1B
Jack Flaherty, SP
Tanner Scott, RP
Nathan Eovaldi, SP
Gleyber Torres, INF
Jurickson Profar, INF/OF
Sean Manaea, SP
Ha-Seong Kim, INF
Walker Buehler, SP
Carlos Estévez, RP
Joc Pederson, DH
Paul Goldschmidt, 1B
Nick Pivetta, SP
Alex Verdugo, OF
Max Scherzer, SP
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