Matrix Reloaded: 2025-26 Offseason Summary

Opening Day is in under two weeks, which means the offseason is just about over. Also wrapping up is this year’s Offseason Matrices document. With offseason business all but settled (sorry, Lucas Giolito), let’s summarize using my favorite thing: tables and tables of data.
| Team | Free Agents Signed | Free Agent Spending | $ per FA | % of MLB Spending | Spending Rank |
|---|---|---|---|---|---|
| TOR | 5 | $340M | $68M | 11.2% | 1 |
| LAD | 6 | $326.7M | $54.45M | 10.8% | 2 |
| NYM | 5 | $240.75M | $48.15M | 7.9% | 3 |
| CHC | 8 | $229.775M | $28.721875M | 7.6% | 4 |
| PHI | 4 | $227M | $56.75M | 7.5% | 5 |
| BAL | 5 | $213.6M | $42.72M | 7.0% | 6 |
| NYY | 6 | $195.525M | $32.5875M | 6.4% | 7 |
| DET | 6 | $187.025M | $31.171M | 6.2% | 8 |
| BOS | 3 | $136M | $45.67M | 4.5% | 9 |
| ATL | 8 | $112.75M | $14.09375M | 3.7% | 10 |
| SDP | 7 | $100.23M | $14.319M | 3.3% | 11 |
| SEA | 3 | $99.75M | $33.25M | 3.3% | 12 |
| CHW | 6 | $78M | $13M | 2.6% | 13 |
| ARI | 7 | $77.325M | $11.046M | 2.5% | 14 |
| SFG | 7 | $68.78M | $9.83M | 2.3% | 15 |
| HOU | 3 | $57.95M | $19.317M | 1.9% | 16 |
| PIT | 4 | $50.25M | $12.5625M | 1.7% | 17 |
| CIN | 5 | $47.4M | $9.48M | 1.6% | 18 |
| TBR | 4 | $38.5M | $9.6M | 1.3% | 19 |
| COL | 4 | $31.9M | $7.975M | 1.1% | 20 |
| MIL | 3 | $27.275M | $9.0917M | 0.9% | 21 |
| TEX | 7 | $25.875M | $3.7M | 0.9% | 22 |
| MIN | 3 | $23M | $7.67M | 0.8% | 23 |
| MIA | 4 | $21M | $5.125M | 0.7% | 24 |
| LAA | 6 | $18.2M | $3.033M | 0.6% | 25 |
| STL | 3 | $18M | $6M | 0.6% | 26 |
| WSN | 3 | $14.75M | $4.917M | 0.5% | 27 |
| ATH | 3 | $10.85M | $3.617M | 0.4% | 28 |
| CLE | 3 | $7.9M | $2.633M | 0.3% | 29 |
| KCR | 3 | $7.15M | $2.383M | 0.2% | 30 |
It’s no surprise to see the two World Series teams spend big, with Dylan Cease’s seven-year, $210 million contract with the Blue Jays and Kyle Tucker’s four-year, $240 million contract with the Dodgers the two largest deals of the offseason. Of the 11 teams that spent at least $100 million, only the Braves did so without signing a player to a $50 million contract; reliever Robert Suarez’s three-year, $45 million deal was their priciest.
| Division | Free Agents Signed | Free Agent Spending | $ per FA | % of MLB Spending | Spending Rank |
|---|---|---|---|---|---|
| AL East | 22 | $924.625M | $40.2M | 30.5% | 1 |
| NL East | 24 | $615.75M | $25.65625M | 20.3% | 2 |
| NL West | 31 | $604.935M | $19.51403M | 19.9% | 3 |
| NL Central | 23 | $372.7M | $16.20435M | 12.3% | 4 |
| AL Central | 21 | $303.075M | $14.4M | 10.0% | 5 |
| AL West | 21 | $212.625M | $10.125M | 7.0% | 6 |
The two East divisions combined to spend more than the other four divisions, accounting for 50.8% of league-wide outlay. In addition to its place at the bottom of this list, the AL West was the only division that didn’t sign a player for $100 million or more. Josh Naylor’s $92.5 million deal with the Mariners was the largest handed out by that quintet of clubs.
Once again, Scott Boras’ clients eclipsed $1 billion in contracts signed, cracking 10 figures for the second straight offseason and fourth out of the last five. His agency could still get Michael Kopech a big league deal before the season starts, too.
| Player | Team | Position | 2025 WAR |
|---|---|---|---|
| Mike Tauchman | NYM | OF | 1.4 |
| Rhys Hoskins | CLE | 1B | 0.9 |
| Ty France | SDP | 1B | 0.9 |
| Martín Pérez | ATL | SP | 0.8 |
| Kolby Allard | CLE | RP | 0.7 |
| Adam Frazier | LAA | INF/OF | 0.7 |
| Reese McGuire | MIL | C | 0.7 |
| Matt Thaiss | BOS | C | 0.6 |
| Ben Lively | CLE | SP | 0.4 |
| Elias Díaz | KCR | C | 0.4 |
| Andrew Chafin | MIN | RP | 0.4 |
| Cal Quantrill | TEX | SP | 0.4 |
| Dominic Smith | ATL | 1B | 0.4 |
| Taylor Rashi | ARI | RP | 0.4 |
| Albert Suárez | BAL | RP/SP | 0.3 |
| Christian Vázquez | HOU | C | 0.3 |
| Ryan Brasier | TEX | RP | 0.3 |
| Dominic Fletcher | PIT | OF | 0.3 |
| Eric Haase | SFG | C | 0.3 |
As always, there were free agents who got the short end of the stick and had to settle for minor league contracts despite decent showings last year. Leading the pack was Mike Tauchman, the only player worth 1.0 WAR or better who signed a minor league deal. He’s not currently on the Mets’ projected roster, but he’s having a great camp as he makes a strong push for a spot. It’s also worth noting that any XX(B) free agent — free agents with at least six years of major league service time who ended the season on an big league roster or IL — who signed a minor league deal has the right to opt out before Opening Day and try to latch on elsewhere. Non XX(B) free agents like Tauchman often have opt-out clauses, too, so there are plenty of vets auditioning for a spot on another team if not their current one.
| Player | Position | Age | 2025 WAR | FA After | Old Team | New Team |
|---|---|---|---|---|---|---|
| Freddy Peralta | SP | 30 | 3.6 | 2026 | MIL | NYM |
| Sonny Gray | SP | 36 | 3.6 | 2026/27 | STL | BOS |
| Brandon Nimmo | OF | 33 | 3.0 | 2030 | NYM | TEX |
| Brendan Donovan | INF/OF | 29 | 2.9 | 2027 | STL | SEA |
| MacKenzie Gore | SP | 27 | 2.9 | 2027 | WSN | TEX |
| Taylor Ward | LF | 32 | 2.9 | 2026 | LAA | BAL |
| Willson Contreras | 1B | 34 | 2.8 | 2027/28 | STL | BOS |
| Caleb Durbin | INF | 25 | 2.6 | 2031 | MIL | BOS |
| Isaac Collins | OF | 28 | 2.6 | 2030 | MIL | KCR |
| Mauricio Dubón | INF/OF | 31 | 2.2 | 2026 | HOU | ATL |
| Jeff McNeil | INF/OF | 34 | 2.1 | 2026/27 | NYM | ATH |
| Marcus Semien | 2B | 35 | 2.1 | 2028 | TEX | NYM |
| Edward Cabrera | SP | 28 | 2.0 | 2028 | MIA | CHC |
| Shane Baz | SP | 27 | 2.0 | 2028 | TBR | BAL |
| Jake Mangum | OF | 30 | 1.8 | 2030 | TBR | PIT |
| Brandon Lowe | 2B | 31 | 1.7 | 2026 | TBR | PIT |
| Matt Strahm | RP | 34 | 1.5 | 2026 | PHI | KCR |
| Jose A. Ferrer | RP | 26 | 1.4 | 2029 | WSN | SEA |
| Luis Robert Jr. | CF | 28 | 1.3 | 2026/27 | CHW | NYM |
| Mike Burrows | SP | 26 | 1.3 | 2031 | PIT | HOU |
| Jesús Sánchez | OF | 28 | 1.0 | 2027 | HOU | TOR |
| Blaze Alexander | OF/INF | 27 | 1.0 | 2030 | ARI | BAL |
| Hunter Dobbins | SP | 26 | 1.0 | 2031 | BOS | STL |
| Alex Jackson | C | 30 | 1.0 | 2028 | BAL | MIN |
In addition to the players listed above who finished with at least 1.0 WAR last year, five players from our Top 100 Prospects were moved: no. 37 Brandon Sproat and no. 75 Jett Williams from the Mets to the Brewers; no. 62 Owen Caissie from the Cubs to the Marlins; no. 74 Harry Ford from the Mariners to the Nationals; and no. 94 Jurrangelo Cijntje from the Mariners to the Cardinals.
As always, thanks for following along with the Matrix and all of this offseason’s Reloaded updates!
Jon Becker manages RosterResource's team payroll pages and assists with all other aspects of RosterResource, too. Follow him at your own peril on Twitter at @jonbecker_ and on BlueSky at @jon-becker.com.