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MLB free agency and transactions tracker: Latest 2023 moves

Stay up to date on the latest MLB free agent transactions during the 2023/24 offseason.

Blake Snell joins the Giants

Reigning American League Cy Young Award winner Blake Snell has put an end to speculation over his next team by signing a two-year, $62 million contract with the San Francisco Giants. The 31-year-old starting pitcher was one of the last remaining superstar free agents, likely as a result of his lack of durability throughout his career.

With the San Diego Padres in 2023, Snell posted the second-highest innings pitched total of his career with 180.0, and he posted a Major League-best 2.25 ERA with 234 strikeouts, 1.189 walks and hits allowed per inning pitched, 15 home runs allowed, and 47 runs allowed. He also led Major League Baseball in walks with 99.

Phillies re-sign Wheeler

The Philadelphia Phillies signed ace pitcher Zack Wheeler to a three-year, $126 million contract extension. Wheeler finished second in National League Cy Young Award voting in 2021 and finished sixth in voting in that category in 2023. This is the Phillies' second lucrative contract extension for a pitcher this offseason after signing Aaron Nola to a deal shortly after the 2023 MLB season ended.

Wheeler's new deal gives him the highest annual salary for a contract extension in baseball history. Over 32 starts and 192 innings pitched in 2023, he posted a 3.61 ERA, 212 strikeouts to 39 walks, 20 home runs allowed, 168 hits allowed, and 1.078 walks and hits allowed per inning pitched.

Bellinger re-joins the Cubs

Cody Bellinger, one of the last remaining top-tier free agents, re-signed with the Chicago Cubs after Spring Training began on a three-year, $80 million contract. Bellinger, a 28-year-old outfielder and first-baseman, won the 2017 National League Rookie of the Year Award and the 2019 NL MVP Award with the Los Angeles Dodgers before signing a one-year deal with the Cubs ahead of the 2023 season.

Bellinger finished 10th in NL MVP voting in 2023, posting a .307 batting average, a .356 on-base percentage, 153 hits, 26 home runs, 97 RBI, 20 stolen bases and 87 strikeouts to 40 walks in 130 games played. He played 84 games in centerfield, 59 games at first base, and three games as the designated hitter last season.

Whit Merrifield joins the Phillies

The Philadelphia Phillies made their biggest addition of the offseason by adding utility player Whit Merrifield on a one-year, $8 million deal. Merrifield is 35-years-old, a three-time All-Star, and has led the league in steals once and in hits twice. This is the team's second-biggest move after re-signing pitcher Aaron Nola to a lucrative extension, and Merrifield is the team's highest-profile new player acquired this offseason.

Clayton Kershaw returning to the Dodgers

Despite adding plenty of high-level starting pitching for the 2024 season in Yoshinobu Yamamoto and Tyler Glasnow, the Dodgers brought back franchise legend Clayton Kershaw for a 17th season at Dodger Stadium.

Kershaw will turn 36 shortly before Opening Day. He is a 10-time All-Star and a three-time Cy Young Award winner. He has won over 10 games in each of the past three seasons. In 2023, Kershaw went 13-5 in 24 starts, posting a 2.46 ERA with 137 strikeouts, 40 walks, 19 home runs allowed, and 1.063 walks and hits allowed per inning pitched in 131.2 innings pitched.

Dodgers trade Caleb Ferguson to Yankees

The Los Angeles Dodgers traded relief pitcher Caleb Ferguson to the New York Yankees. Ferguson, a 27-year-old lefthander, played in 68 games for the Dodgers last season, pitching 60.1 innings with 70 strikeouts and 23 walks while allowing 1.442 walks and hits per inning pitched and four total home runs.

In return, the Dodgers receive lefthanded pitcher Matt Gage, who has 19.2 innings pitched in MLB at 30 years old. They also got Christian Zazueta, a 19-year-old pitcher who played with the Yankees' Dominican Summer League team and went 3-2 with a 3.63 ERA over 52 innings in the league's latest iteration.

Baltimore Orioles acquire Corbin Burnes

After rumors that buzzed throughout the offseason, now-former Milwaukee Brewers starting pitcher Corbin Burnes has finally been traded. The reigning AL East champion Baltimore Orioles traded for the 2021 Cy Young Award winner, giving up infielder Joey Ortiz, left-handed pitcher DL Hall, and the 34th pick in the 2024 MLB Draft. Burnes, now 29 years old with a year left on his contract, joins a starting rotation that already includes Dillon Kremer, Tyler Wells, Kyle Bradish, and Grayson Rodriguez. Burnes replaces Kyle Gibson, who joined the St. Louis Cardinals this offseason. This is a big blow for the Brewers, who lose their ace after winning the NL Central in two of the last three seasons.

Justin Turner joins the Toronto Blue Jays

After missing out on signing Shohei Ohtani to become the team's new designated hitter, the Toronto Blue Jays had to turn their attention elsewhere and they ended up inking Justin Turner to a one-year, $13 million contract. Turner, at 39 years old, is coming off a season with the Boston Red Sox where he batted .276 with a .345 on-base percentage, 154 hits, 23 home runs, and 96 RBI.

Rhys Hoskins signs with the Milwaukee Brewers

Rhys Hoskins, who missed all of the 2023 season with a torn ACL suffered in Spring Training, has signed a two-year, $34 million deal with the Milwaukee Brewers that contains an opt-out clause after the first season.

The 30-year-old primarily plays first base or serves as a designated hitter, but has played left field in the past. Hoskins has spent his entire career until now with the Philadelphia Phillies. He has posted a .242 career batting average and a .353 on-base percentage with 148 home runs in 667 career games.

James Paxton joins the Dodgers

After landing Shohei Ohtani and Yoshinobu Yamamoto earlier in the offseason, the Los Angeles Dodgers further bolstered their pitching rotation when they signed lefthander James Paxton to a one-year, $11 million deal. The 35-year-old Paxton went 7-5 and posted a 4.50 ERA with a 101-33 strikeout-walk ratio with the Boston Red Sox last year.

Aroldis Chapman heads to Pittsburgh

The Pittsburgh Pirates have signed left-handed relief pitcher Aroldis Chapman on a one-year, $10.5 million contract. Chapman, now 35, is a seven-time All Star and two-time World Series winner, most recently in 2023 with the Texas Rangers. He'll bring some experience to the Pirates' young pitching staff.

Nationals sign Joey Gallo

The Washington Nationals have signed 30-year-old outfielder Joey Gallo to a one-year, $5 million contract.

Gallo set a record with his 42.8 strikeout percentage with the Minnesota Twins last season. He has not finished a season with an average above .200 since 2019, but he has hit over 20 home runs in six of his nine MLB seasons, including last campaign.

Reigning champs add Tyler Mahle

Tyler Mahle, a 29-year-old right-handed starting pitcher who has appeared in nine games in the last two seasons combined, is joining the Texas Rangers on a two-year, $22 million deal. His last fully healthy season was in 2022, which he split between the Cincinnati Reds and Minnesota Twins.

Mahle went 6-8 in 23 starts, pitching 120.2 innings and striking out 210 batters. He brings pitching depth for a team looking to defend its World Series win in 2023.

Josh Hader joins the Astros

The Houston Astros signed left-handed closer Josh Hader to a five-year, $95 million contract. Hader is a five-time All-Star and is coming off a season where he posted a 1.28 ERA, the second-best of his career. The 29-year-old Hader last played for the San Diego Padres.

Dodgers get Teoscar Hernandez

The Los Angeles Dodgers keep improving ahead of the 2024 season, bringing in outfielder Teoscar Hernandez on a one-year, $23.5 million deal. Last season, he hit .258 with 26 home runs, 93 RBI, and a .305 on-base percentage.

Wacha heads to Kansas City

Veteran starting pitcher Michael Wacha signed with the Kansas City Royals on a two-year, $32 million contract. After spending his first seven MLB seasons with the St. Louis Cardinals, Wacha spent a single season with each of the New York Mets, Tampa Bay Rays, Boston Red Sox, and San Diego Padres. Last year in San Diego, Wacha went 14-4 and posted a 3.22 ERA over 24 starts and 134.1 innings pitched.

Lucas Giolito joins Boston

Starting pitcher Lucas Giolito spend last season with three different teams: the Chicago White Sox, the Los Angeles Angels, and the Cleveland Guardians. Giolito was famously released by the Angels late in the season after they acquired him near the trade deadline. He went 8-15 last season, posting a 4.88 ERA and allowing a league-high 41 home runs in a league-high 33 starts.

Giants sign Jordan Hicks

The San Francisco Giants signed 27-year-old relief pitcher Jordan Hicks on a four-year, $44 million deal. He spent last season with the St. Louis Cardinals before being traded to the Toronto Blue Jays, and between the two teams, he went 3-9 with a 3.29 ERA and 12 saves in 65.2 innings pitched.

Yankees sign Marcus Stroman

Pitcher Marcus Stroman and the New York Yankees agreed to a two-year, $37 million contract. Stroman, a two-time All-Star and a New York native, went 10-9 last season with a 3.95 ERA for the Chicago Cubs.

Stroman pitched a complete-game shutout against the Tampa Bay Rays during the 2023 season. He joins Juan Soto as the Yankees' biggest acquisitions this offseason.

Shota Imanaga joins the Chicago Cubs

Shota Imanaga, the 30-year-old Japanese pitcher who entered free agency ahead of his MLB debut season, chose to sign with the Chicago Cubs. The player and club agreed on a four-year, $53 million contract.

Imanaga helped Japan win the 2023 World Baseball Classic. He led the Japanese league's Central Division in strikeouts in 2023, and he threw a no-hitter on June 7, 2022.

Chris Sale signs with the Atlanta Braves

Just days after joining the Atlanta Braves in a trade, seven-time All Star lefthanded pitcher Chris Sale signed a two-year, $38 million contract extension. The trade sent 22-year-old infielder Vaughn Grissom to the Boston Red Sox.

Sale will turn 35 around 2024 Opening Day. He has dealt with injuries in recent years, appearing in just 31 games since 2020. That said, he finished in the top 10 in Cy Young Award voting six times, and he's the all-time leader in average strikeouts per 9 innings.

Yoshinobu Yamamoto signs record deal with Dodgers

The richest contract for a MLB pitcher in league history now belongs to a player who, prior to signing the deal, never threw a pitch in MLB.

Japanese pitcher Yoshinobu Yamamoto signed a 12-year, $325 million deal with the Los Angeles Dodgers, joining Shohei Ohtani as their second record-setting signing this offseason. While pitching for the Orix Buffaloes in Japan's Pacific League, the now 25-year-old Yamamoto won the MVP award and the league's equivalent of the Cy Young Award three times in a row from 2021 to 2023.

In 2023, Yamamoto posted a 16-6 record with a 1.21 ERA, 169 strikeouts to 28 walks, two home runs allowed, and 0.884 walks and hits allowed per inning pitched.

Tyler Glasnow traded to Dodgers

The Los Angeles Dodgers keep improving, and they traded for pitcher Tyler Glasnow from the Tampa Bay Rays. In return, the Dodgers dealt 25-year-old outfielder Jonny Deluca and 26-year-old right-handed pitcher Ryan Pepiot.

Glasnow is 30 and coming off his second-ever season with over 100 innings pitched. He went 10-7 for the Rays last year, posting a 3.53 ERA with 162 strikeouts to 37 walks, 13 home runs allowed, and 1.083 walks and hits allowed per inning pitched.

Jung Hoo Lee joins the Giants

The San Francisco Giants landed one of the most hyped international free agents when they inked 25-year-old outfielder Jung Hoo Lee to a six-year, $113 million contract.

Lee won the 2022 Korean Baseball Organization MVP Award. Over seven KBO seasons from his debut as a teenager, he batted .340 with a .407 on-base percentage, plus 65 home runs, 515 RBI, 581 runs, and 383 walks to 304 strikeouts.

Eduardo Rodriguez signs with the Diamondbacks

Reigning National League champions the Arizona Diamondbacks picked up pitching help, signing 30-year-old lefthander Eduardo Rodriguez to a four-year, $80 million deal.

Last season with the Detroit Tigers, Rodriguez posted a 13-9 record, a 3.30 ERA in 152.2 innings pitched, 143 strikeouts, 48 walks, 15 home runs allowed, and a career-best 1.153 walks and hits allowed per inning pitched.

Lourdes Gurriel Jr. stays in Arizona

Speaking of the Diamondbacks, left fielder Lourdes Gurriel is staying with the team on a three-year, $42 million deal. 

Gurriel made his first All-Star Game in 2023, hitting .261 with a .309 on-base percentage in the regular season. His numbers jumped to .268 and .314 respectively in the postseason.

Shohei Ohtani signs historic deal with the Los Angeles Dodgers

Superstar two-way player and reigning American League MVP Shohei Ohtani became the richest athlete in American sports history when he inked a 10-year, $700 million deal with the Los Angeles Dodgers.

Ohtani swapped the Los Angeles Angels for the Dodgers, joining Freddie Freeman and Mookie Betts after spending the beginning of his MLB career as Mike Trout's teammate.

Shohei Ohtani signs with the Los Angeles Dodgers

Yankees land Juan Soto

In what will be the biggest blockbuster move in MLB until Shohei Ohtani picks his next team, the New York Yankees have completed a deal to acquire three-time All-Star Juan Soto from the San Diego Padres.

The Yankees sent four right-handed pitchers - Michael King, Drew Thorpe, Jhony Brito, and Randy Vasquez - and catcher Kyle Higashioka to the Padres for Soto.

Juan Soto traded to the New York Yankees

Braves trade for Jarred Kelenic

After a disappointing end to the 2023 season, the Atlanta Braves got stronger by acquiring 24-year-old outfielder Jarred Kelenic from the Seattle Mariners for minor-league pitcher Cole Phillips and borderline Major League pitcher Jackson Kowar. Kelenic posted career-highs in batting average, on-base percentage, slugging percentage, RBI, walks, and hits last season.

Nick Martinez joins the Reds

Right-handed pitcher Nick Martinez signed with the Cincinnati Reds on a two-year, $26 million deal that contains an opt-out clause after the first season. With the San Diego Padres in 2023, Martinez pitched 110.1 innings in 63 games, starting nine of them and posting a 6-4 record, a 3.43 ERA, 106 strikeouts, 40 walks, and 1.26 walks and hits allowed per inning pitched.

Severino moves to Queens from the Bronx

The New York Mets signed right-handed pitcher Luis Severino to a one-year, $13 million deal on Nov. 29. In 18 starts and 89.1 innings for the New York Yankees last season, the 29-year-old posted a 4-8 record with a 6.65 ERA plus 79 strikeouts, 34 walks, 23 home runs allowed, and 1.646 walks and hits allowed per inning pitched.

Cardinals land Sonny Gray

About a week after acquiring Lance Lynn and Kyle Gibson, the Cardinals made another splash by signing former Minnesota Twins ace Sonny Gray to a three-year, $75 million deal.

Gray just turned 34 and made his third All-Star Game appearance in 2023. He finished second in American League Cy Young Award voting, ending the 2023 season with a 2.79 ERA over 184.0 innings pitched plus 183 strikeouts, 55 walks, and just eight home runs allowed.

Jason Heyward stays with Dodgers

Outfielder Jason Heyward signed a one-year, $9 million deal to stay with the Los Angeles Dodgers.

The 34-year-old started 109 games in the outfield last season while also serving as a pinch hitter, designated hitter, and on rare occasions, playing first base. The Dodgers are +650 to win the 2024 World Series, tied with the Atlanta Braves for the shortest odds.

Click here for the odds to win the 2024 MLB World Series.

Kenta Maeda heads to Detroit

Former Minnesota Twins pitcher Kenta Maeda signed a two-year, $24 million deal with the Detroit Tigers. After missing the 2022 season due to injury, Maeda bounced back to decent effect in 2023.

He had a 4.23 ERA while pitching 104.1 innings and posting 117 strikeouts, 28 walks, and 1.169 walks and hits per inning pitched. Maeda turns 36 early in the 2024 season.

Eugenio Suarez traded to Diamondbacks

The 2023 National League pennant winners got even stronger, acquiring third baseman Eugenio Suarez from the Seattle Mariners in exchange for relief pitcher Carlos Vargas and catcher Seby Zavala.

Suarez is 32 years old and made his only All-Star Game in 2018. He has led the American League in strikeouts in each of the past two seasons, and in 2023 he batted .232 with a .323 on-base percentage, 22 home runs, and 96 RBI.

Cardinals get more pitching with Gibson

A day after acquiring Lance Lynn, the St. Louis Cardinals agreed to terms with another starting pitcher - RHP Kyle GIbson on a one-year, $12 million deal.

Gibson spent 2023 with the Baltimore Orioles, making 33 starts and tossing 157 strikeouts in 192 inning pitched.

Lance Lynn, Cardinals agree to one-year deal

36-year-old RHP Lance Lynn agreed to a one-year deal with St. Louis Cardinals, guaranteeing $10 million. Lynn previously played for St. Louis from 2011 to 2017.

Phillies re-sign Nola

The Philadelphia Phillies and RHP Aaron Nola agreed to a seven-year, $172 million deal to keep the 30-year old with the only franchise he's ever played with. 

Read more about Nola re-signing with Philly here

Brewers get Bauers from NY

The Milwaukee Brewers acquired OF Jake Bauers from the New York Yankees in exchange for two minor league outfielders.

Braves re-sign Morton

The Atlanta Braves exercised their $20 million option on two-time World Series champion RHP Charlie Morton.

MLB free agency start date

The official start date of MLB free agency is the day after the World Series ends. 

There is a five-day "exclusive negotiating period" during which free agents can only negotiate with their former teams. This period ends at 5 PM ET on the fifth day after the World Series ends, and at that point, free agents are free to sign with any team.

In 2023, free agency began on November 6. 

MLB free agency end date 

There is no official end date to MLB free agency.

After Winter Meetings in December, free agent activity typically slows down significantly as teams look to finalize their rosters ahead of Opening Day.

Top MLB free agents in 2024

Shohei Ohtani, Yoshinobu Yamamoto, and Blake Snell are among the top available free agents this MLB offseason.

Read more about the top free agents available here

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