Our long national nightmare is over. After weeks of back and forth between Cody Bellinger and the New York Yankees, it’s official: He’s staying in the Bronx. The two sides have agreed to a five-year, $162.5 million deal with opt outs after the second and third seasons, a $20 million signing bonus, and a full no-trade clause, as first reported by Jeff Passan.

This fit was so obvious that it almost had to happen. The Yankees need offense, and they’d prefer it to come in the form of a left-handed outfielder who can cover center field in a pinch. They’re already familiar with Bellinger, who just put up a 5-WAR season in pinstripes. No other teams needed this exact type of player as much, at this current moment, as they did. Likewise, Bellinger was probably going to have to sign with the Yankees to get the deal he wanted. Now that that foregone conclusion has been reached, let’s unpack how this all fits together.

This contract is the culmination of a long, decorated career that was conspicuously lacking in free agency appeal. Bellinger burst onto the scene in 2017 with 39 homers for the Dodgers, taking Rookie of the Year honors in the process. He then went fully supersonic in the homer-happy 2019 season, with the rocket ball propelling him to 47 homers, a 161 wRC+, and NL MVP honors. Disaster struck in the 2020 World Series, however. Bellinger dislocated his shoulder celebrating a home run, and his performance fell off a cliff immediately after. Read the rest of this entry »

For the 22nd consecutive season, the ZiPS projection system is unleashing a full set of prognostications. For more information on the ZiPS projections, please consult this year’s introduction, as well as MLB’s glossary entry. The team order is selected by lot, and the antepenultimate team is the Chicago Cubs.

Batters

ZiPS was a big believer in the 2025 Chicago Cubs, and it was right on point about most of their core talent. The problem, though, was that ZiPS wasn’t right about the Milwaukee Brewers, and though Chicago stayed in the NL Central race for most of the season, Milwaukee’s 14-game winning streak all but settled things by mid-August. Add in a five-game loss to the Brew Crew in the NLDS, and a successful season ended in underwhelming fashion for the North Siders. The Cubs went into the offseason looking to replace Kyle Tucker in the lineup and shore up the rotation a bit.

Generally speaking, the Cubs have a rather boring lineup in one manner: It’s mostly well-established players who are largely in the same roles as last season. Carson Kelly and Miguel Amaya, the latter swapped in for Reese McGuire, will be a competent tandem behind the plate. Dansby Swanson, Nico Hoerner, and Pete Crow-Armstrong will play terrific defense, with PCA adding a bunch of homers at the cost of a rather low on-base percentage. Ian Happ and Seiya Suzuki are on the wrong side of 30, but not distressingly so, and the typically B+ corner outfielders will likely put up their typical B+ seasons. One can see why the Cubs felt they could afford to trade Owen Caissie to Miami for Edward Cabrera; he was going to have a hard time finding playing time, and Kevin Alcántara’s defense makes him a more versatile fourth outfielder.

Where there are changes are at third base and designated hitter (by way of Suzuki playing a lot more right field). Alex Bregman is more or less the Kyle Tucker replacement, with a bit less bat and a bit more defensive value. Moisés Ballesteros has a lot of offensive upside, but he’s not really exciting yet as a full-time designated hitter, and Matt Shaw loses significant value as a DH. ZiPS is optimistic about Tyler Austin after a mostly successful six-year run in Japan, though he doesn’t provide a lot of flexibility, as it’s been years since he’s played anywhere but first base. I say mostly successful because he wasn’t particularly durable in NPB, with his most notable — and amusing — injury coming when he smashed his head on the dugout ceiling while changing his jersey.

I’m actually not quite sure what happens with Shaw, who appears to have been musical chaired out of a significant role by the Bregman and Austin signings. I don’t know just how seriously the Cubs consider him a supersub. Swanson and Hoerner were both durable in 2025, so we didn’t get any sneak peeks at how the Cubs truly felt about Shaw’s ability to play the middle infield when the rubber meets the road.

I wonder if the Cubs will be particularly active with non-roster invitations over the next month; ZiPS doesn’t see a great deal in the way of reinforcements in the high minors. Guys like Scott Kingery are probably far too high in the ZiPS WAR rankings than the Cubs ought to be comfortable with.

Pitchers

ZiPS sees the Cubs as having a very deep rotation that’s also very deep in unexcitement. There’s certainly some upside here, especially in Edward Cabrera, but ZiPS largely views the team as having a whole lot of broadly average starting pitching options. The good news here is that if Justin Steele has any setbacks, ZiPS likes the team’s replacement options. Even with especially bad luck in the injury department, the computer thinks Javier Assad will be adequate — it has him with an ERA considerably lower than his FIP, though some of that is thanks to the stellar Cubs defense — and that Ben Brown and Jordan Wicks would both be far more acceptable as starters if called into duty than they’ve shown so far. Heck, if Colin Rea or even Connor Noland were forced into starting some games, that wouldn’t be an apocalyptic scenario for the Cubs.

While deep in meh, ZiPS is more enthusiastic about the Chicago bullpen. Now, as was the case with Assad, some of the bullpen’s projected sufficiency comes down to the defense behind it, but ZiPS largely sees these relievers as having ERAs below four, and generally well below that line. ZiPS especially likes Hunter Harvey, Daniel Palencia, and the relief version of Porter Hodge. In the case of Hodge, remember the rule not to freak out about one-year home run totals for otherwise competent pitchers. The only prominent relievers ZiPS looks at with a bit of a side eye are Ethan Roberts and recent signee Jacob Webb.

All in all, the Cubs look like a team with a win total in the low 90s. The only negative of that projection is that ZiPS feels similarly about the Brewers this time around. We won’t know the end of this story for another nine months.

Ballpark graphic courtesy Eephus League. Depth charts constructed by way of those listed here. Size of player names is very roughly proportional to Depth Chart playing time. The final team projections may differ considerably from our Depth Chart playing time.

Players are listed with their most recent teams wherever possible. This includes players who are unsigned or have retired, players who will miss 2026 due to injury, and players who were released in 2025. So yes, if you see Joe Schmoe, who quit baseball back in August to form a Ambient Math-Rock Trip-Hop Yacht Metal band that only performs in abandoned malls, he’s still listed here intentionally. ZiPS is assuming a league with an ERA of 4.16.

Hitters are ranked by zWAR, which is to say, WAR values as calculated by me, Dan Szymborski, whose surname is spelled with a z. WAR values might differ slightly from those that appear in the full release of ZiPS. Finally, I will advise anyone against — and might karate chop anyone guilty of — merely adding up WAR totals on a depth chart to produce projected team WAR. It is important to remember that ZiPS is agnostic about playing time, and has no information about, for example, how quickly a team will call up a prospect or what veteran has fallen into disfavor.

As always, incorrect projections are either caused by misinformation, a non-pragmatic reality, or by the skillful sabotage of our friend and former editor. You can, however, still get mad at me on Twitter or on Bluesky. This last is, however, not an actual requirement.

The following article is part of Jay Jaffe’s ongoing look at the candidates on the BBWAA 2026 Hall of Fame ballot. For a detailed introduction to this year’s ballot, and other candidates in the series, use the tool above; an introduction to JAWS can be found here. For a tentative schedule, see here. All WAR figures refer to the Baseball Reference version unless otherwise indicated.

When it comes to center fielders and the Hall of Fame, BBWAA voters have been a particularly picky lot. It’s all too easy to say, “This guy was no Ty Cobb,” or “This guy was no Willie Mays.” Who can live up to standards like that? Until Tuesday, just nine center fielders had been elected by the writers, fewer than any other position, but when Josh Rawitch announced the results of the 2026 balloting, two more joined them: fourth-year candidate Carlos Beltrán and ninth-year candidate Andruw Jones.

Beltrán, a five-tool player with 2,725 career hits, 312 stolen bases and the no. 9 ranking among center fielders in JAWS, received 84.2% of the vote, up from 70.3% last year. He had to overcome some initial resistance to his candidacy owing to his involvement in the Astros’ illegal sign-stealing scandal at the end of his career while helping the Astros win the 2017 World Series. Commissioner Rob Manfred’s 2020 report placed him at the center of Houston’s scheme, and it cost him his job as Mets skipper before he could manage a single game. Despite his transgression, he received 46.5% of the vote in his 2023 ballot debut, and followed with three straight years of double-digit gains. Read the rest of this entry »

Below is an analysis of the prospects in the farm system of the Toronto Blue Jays. Scouting reports were compiled with information provided by industry sources as well as my own observations. This is the sixth year we’re delineating between two anticipated relief roles, the abbreviations for which you’ll see in the “position” column below: MIRP for multi-inning relief pitchers, and SIRP for single-inning relief pitchers. The ETAs listed generally correspond to the year a player has to be added to the 40-man roster to avoid being made eligible for the Rule 5 draft. Manual adjustments are made where they seem appropriate, but we use that as a rule of thumb.

A quick overview of what FV (Future Value) means can be found here. A much deeper overview can be found here.

All of the ranked prospects below also appear on The Board, a resource the site offers featuring sortable scouting information for every organization. It has more details (and updated TrackMan data from various sources) than this article and integrates every team’s list so readers can compare prospects across farm systems. It can be found here. Read the rest of this entry »

The following article is part of Jay Jaffe’s ongoing look at the candidates on the BBWAA 2026 Hall of Fame ballot. For a detailed introduction to this year’s ballot, and other candidates in the series, use the tool above; an introduction to JAWS can be found here. For a tentative schedule, see here. All WAR figures refer to the Baseball Reference version unless otherwise indicated.

Early in his career, Nick Markakis appeared to be a star in the making. In his second and third seasons in the majors (2007 and ’08), the former first-round pick topped 40 doubles, 20 homers, and a .300 batting average while slugging nearly .500. He led the AL in WAR in 2008, his age-24 campaign — not that anyone was aware of it at the time, which helps to explain his omission from that year’s AL All-Star team.

It would take another decade before Markakis finally became an All-Star, and during that stretch, his performances leveled off. He became better known for his durability, his defense (he won three Gold Gloves), and above all, the example he set for younger players while enduring lean years both in Baltimore and Atlanta. He stuck around long enough to help both teams’ rebuilding efforts come to fruition with playoff appearances, racking up so many hits that he generated discussion regarding his potential Hall-worthiness if he persisted long enough to reach the magic 3,000-hit milestone.

Markakis’ retirement after his age-36 season rendered that question moot. He didn’t generate a Hall-caliber résumé or gaudy statistics during his 15-year career, but he received considerable praise for his impact on his teammates. From Braves manager Brian Snitker, who managed him from 2016–20:

“One of the most consistent, professional pros that I’ve ever been around. I’m glad I had the honor to manage him in his last years, because he’s a special player… How consistent he was, how professional he was, the way he played the game, how he grinded every at-bat. He never took a pitch off. And to see what he did late in his career, winning that Gold Glove, and the stabilizing force that he was for our club while I was here. You don’t appreciate a guy like Nick until you manage him. What a great career he had.”

Read the rest of this entry »

Franklin Arias has a bright future in Boston. Signed out of Venezuela in 2023, the 20-year-old shortstop is the top position-player prospect in the Red Sox system thanks to plus tools on both sides of the ball. A slick-fielder — Eric Longenhagen has described him as an incredibly polished defender for his age” — Arias possesses a line-drive stroke that produced a 109 wRC+ across three levels last season. And while that number may not jump off the page, it stands out when put into context: the Caracas native not only played the entire year as a teenager, he finished it in Double-A.

The degree to which he can boost his power profile will go a long way toward determining his ceiling. Currently more contact than pop, Arias went deep just eight times in 526 plate appearances. At a listed 5-foot-11, 170 pounds, he is by no means built like a bopper.

Red Sox farm director Brian Abraham brought up that aspect of Arias’s game when I asked him about the young infielder earlier this week.

“He’s a guy who makes really good swing decisions,” Abraham said of Arias, who posted a 10.1% strikeout rate and a 5.3% swinging-strike rate in 2025. “He puts the bat on the ball and can drive it to all fields. We’re looking to see him add size and strength so that he can really impact the ball pull-side in the air.

“It’s definitely in there,” added Abraham. “We’ve seen flashes of it, it’s just a matter of him being able to do that on a consistent basis. As a young player who is continuing to grow and get bigger, I think it will come out the more he is able to hit the ball out front and drive it to the pull side. Right now I would say that he is a contact hitter with occasional power, and that the power can be more consistent than it has been.”

Not surprisingly, Arias echoed Abraham’s thoughts when addressing his near-term development goals. Read the rest of this entry »

Never let anyone tell you that there are no rebounds in baseball. That’s utter nonsense, and it is our responsibility to say so. If you need evidence to support your rebuttal, just look at what happened this past week in free agency.

Since our last mailbag ran, Alex Bregman signed a five-year, $175 million contract to play for the Cubs after opting out of the deal he signed last February with the Red Sox. The Cubs knew they weren’t in the running to re-sign Bregman’s former Astros teammate, Kyle Tucker, so they instead beefed up their lineup with the third baseman. In response to missing out on Bregman, Boston bounced back with someone completely different, agreeing to a five-year, $130 million deal with left-handed starting pitcher Ranger Suárez, phormerly of the Phillies, who had spent much of the first half of January courting Bo Bichette, whose long-time team, the Blue Jays, had their sights set on Tucker, the top-ranked free agent of the offseason. It seemed that Tucker was choosing between Toronto and the Mets, and was nearing a decision, when at the last minute the Dodgers swooped in with a four-year, $240 million offer that Tucker simply couldn’t turn down. Spurned by Tucker, the Mets splurged on Friday, snatching up Bichette for at least one season (the deal can max out at three years and $126 million) before Philadelphia could do it. Not long after, the Phillies phinally phigured they should stop playing the phield and instead rekindle an old phlame; they re-signed catcher J.T. Realmuto to a three-year, $45 million contract.

For those of you keeping score at home, the Cubs rebounded from Tucker with Bregman; the Red Sox rebounded from Bregman with Suárez; the Phillies rebounded from Suárez and Bichette with Realmuto; and the Mets rebounded from their failed pursuit of Tucker with Bichette. That leaves the Blue Jays as the one team still looking for a rebound. Tune in next week to find out if they turned to Cody Bellinger to help them get over Tucker. We won’t be covering baseball’s newest hit Realmutality TV series for the remainder of today’s mailbag. If you want to go behind the scenes of all the drama, all the tea is linked in the quick recap above, or you can go deeper by reading Jon Becker’s latest Matrix Reloaded column. Instead, we’ll be answering your questions about the most exciting potential World Baseball Classic matchups, the WAR value of Edwin Encarnación’s parrot, and an alternative universe in which the PCL teams joined Major League Baseball back in the late 1950s. But first, I’d like to remind you that this mailbag is exclusive to FanGraphs Members. If you aren’t yet a Member and would like to keep reading, you can sign up for a Membership here. It’s the best way to both experience the site and support our staff, and it comes with a bunch of other great benefits. Also, if you’d like to ask a question for an upcoming mailbag, send me an email at mailbag@fangraphs.com. Read the rest of this entry »

The stove is piping hot, my friends.

Just over 12 hours after Kyle Tucker’s bombshell signing with the Dodgers, Bo Bichette is also on the move. To the New York Mets, on a three-year, $126 million contract with opt-outs after each of the first two seasons. A shortstop throughout his career to this point, Bichette is expected to play third base for the Mets, who have a pretty solid incumbent shortstop already.

Bichette and the Dodgers had been in discussions over a short-term, high-AAV deal like the one Tucker ultimately signed, but Bichette, like most free agents, seemed to be interested in a contract with more term and overall value, but a lower annual salary. Back in August, I made a case for Bichette to cash in by pitching him as Trea Turner, but slow. And when America went to bed on Thursday, the smart money was on Bichette signing with the Phillies, who had already invested $300 million in Original Recipe Turner.

The Mets were reeling from Tucker’s rejection, amidst mortifying vagueposting from Steve Cohen. (Seriously, if you’re worth more than $500 million, you should not be allowed on social media.) But credit to Cohen and David Stearns, who suddenly found themselves with $220 million earmarked for Tucker, and no Tucker to spend that money on. They not only grabbed the next-best bat left on the market, in so doing they put a finger in the eye of their division rival. Read the rest of this entry »

The Dodgers have struck again. For the second winter out of the past three, they’ve snuck in and landed the top free agent on the market, just when he was expected to sign elsewhere. But unlike Shohei Ohtani, who in December 2023 nearly signed with the Blue Jays before agreeing to a 10-year, $700 million contract with the Dodgers, one in which all but $2 million per season was deferred, Kyle Tucker has gone for a short-term deal of four years and $240 million.

According to ESPN’s Jeff Passan, the deal includes a $64 million signing bonus; $30 million of the total salary is deferred, reducing the net present value to $57.1 million a year. That still means that Tucker, who will turn 29 on Saturday, has set a record for the highest average annual value of any contract, exceeding that of last year’s record-setter, Juan Soto, by about 12%, albeit on a much shorter deal:

Read the rest of this entry »

Today is the first day of the new international signing period, so it’s time for me to share updated evaluations and bonus information for the players in this class. An overview of the rules that govern signing international amateurs can be found in MLB’s glossary here, while more thorough and detailed information can be found starting on page 316 of the Collective Bargaining Agreement and page 38 of the Official Professional Baseball Rules Book. Players have until December 15 to agree to terms before this signing period closes.

Short scouting reports, tool grades, and projected signing teams for 59 players from the 2026 class can now be viewed over on The Board. The table below includes team and bonus projections for all players my sources indicate will receive $1 million or more, as well as a handful of six-figure sleepers who emerged during compilation. Below, I’ll remind you of my process for building this list, and then discuss some storylines coloring this year’s signing period. Read the rest of this entry »