MLB winter meetings: Rumors, news, and live updates
The MLB winter meetings are in full swing, and the action is heating up in Orlando. With big moves already made, the question on everyone's mind is: will we see more significant transactions before the meetings come to a close?
Kyle Schwarber and Edwin Diaz Sign New Contracts
The dam burst early on Tuesday morning with the news that free agents Kyle Schwarber and Edwin Diaz had agreed to new contracts. Schwarber is returning to the Philadelphia Phillies on a five-year, $150 million deal, while Diaz is joining the champion Los Angeles Dodgers with a reported three-year, $69 million pact, making him the highest-paid relief pitcher in history annually.
Detroit Tigers Re-Sign Kyle Finnegan
In other news, the Detroit Tigers have re-signed right-handed reliever Kyle Finnegan to a two-year, $19 million contract. Finnegan, who posted a 3.47 ERA with 18 walks and 55 strikeouts across 57 innings in 2025, will pitch for the Tigers in 2027 as well, with no opt-outs or options.
Chicago White Sox Win No. 1 Pick in 2026 MLB Draft Lottery
The Chicago White Sox earned the No. 1 overall selection in the 2026 MLB draft lottery, giving them the first crack at UCLA shortstop Roch Cholowsky, who is expected to top the draft board in July. The White Sox's selection is a significant development, as they look to build their team for the future.
Scott Boras on Kyle Schwarber's Impact
Agent Scott Boras believes that Schwarber's contract will accelerate free-agent signings this winter and lead to longer-term contracts for sluggers over 30. This is particularly relevant for New York Mets first baseman Pete Alonso, who is represented by Boras and is in high demand.
Mets' Urgent Need After Edwin Diaz's Departure
With Edwin Diaz's departure, the Mets face a new level of urgency. Mets president Stearns declined to comment on the deal, but he expressed excitement about bringing in a high-quality reliever, Devin Williams, who is expected to fit the club well. Stearns is confident that the Mets will continue to add to their pen and have a strong relief pitching staff by the regular season.
Stay tuned for more updates, rumors, and news from the MLB winter meetings as the action continues in Orlando.
