MLB Player News
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Bailey Ober SP | MIN
Twins' Bailey Ober: Settles at $5.2 million
Ober signed a one-year, $5.2 million contract with the Twins on Thursday to avoid arbitration, Joel Sherman of the New York Post reports.
Ober endured his worst season in the big leagues in 2025, turning in a 5.10 ERA and 1.30 WHIP over 146.1 innings with Minnesota. His second year of arbitration eligibility will grant him a $1.65 million raise, however, and his spot in the Twins' rotation appears to be safe.
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Tanner Houck SP | BOS
Red Sox's Tanner Houck: Settles with Red Sox
Houck (elbow) avoided arbitration with the Red Sox by signing a one-year, $4.15 million contract Thursday, Chris Cotillo of MassLive.com reports.
Houck never found his footing on the mound in 2025, putting up an 8.04 ERA and 1.69 WHIP over 43.2 innings before elbow trouble ended his season in May. He underwent hybrid UCL repair surgery in mid-August to address the issue and is aiming to return around the end of the 2026 season, though he may have to wait until 2027 to rejoin Boston's rotation.
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Johan Oviedo SP | BOS
Red Sox's Johan Oviedo: Gets $1.55 million from Boston
Oviedo signed a one-year, $1.55 million contract with the Red Sox on Thursday to avoid arbitration, Ari Alexander of 7 News Boston reports.
A lat strain prevented Oviedo from making his first appearance of 2025 until August, at which point he turned in a 3.57 ERA and 1.21 WHIP over 40.1 innings in nine starts with the Pirates. After being traded to Boston in December, the 27-year-old will take in a $700,000 raise from his new club and look to win a spot in the Sox's rotation during spring training.
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David Peterson SP | NYM
Mets' David Peterson: Avoids arbitration with Mets
The Mets and Peterson avoided arbitration by agreeing to a one-year, $8.1 million contract Thursday, Joel Sherman of the New York Post reports.
It's a nice bump in pay for Peterson, who had been eligible for arbitration for the final time. The lefty faded down the stretch for the Mets in 2025 but still finished with a solid 4.22 ERA and 150:65 K:BB over 168.2 innings covering 30 starts.
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Ryan Feltner SP | COL
Rockies' Ryan Feltner: Reaches deal with Rockies
The Rockies and Feltner (shoulder) avoided arbitration by agreeing to a one-year, $2.45 million contract Thursday, Ari Alexander of 7 News Boston reports.
Feltner finished the 2025 season on the minor-league injured list with right shoulder inflammation, and he had also previously missed time with back trouble. It's unclear whether he will have any limitation when reporting to spring training next month. Feltner had been eligible for arbitration for the second time.
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Tylor Megill SP | NYM
Mets' Tylor Megill: Signs one-year contract
The Mets and Megill (elbow) avoided arbitration by agreeing to a one-year, $2.5 million contract Thursday, Ari Alexander of 7 News Boston reports.
Megill pitched well when healthy in 2025, posting a 3.95 ERA and 89:33 K:BB over 68.1 innings, but he was limited to only 14 starts before undergoing Tommy John surgery. The righty will miss the entire 2026 season but is under team control for 2027.
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Jesus Luzardo SP | PHI
Phillies' Jesus Luzardo: Avoids arbitration at $11 million
The Phillies and Luzardo avoided arbitration by agreeing to a one-year, $11 million contract Thursday, Ari Alexander of 7 News Boston reports.
Luzardo will nearly double his salary from 2025 after posting a 3.92 ERA, 1.22 WHIP and 216:57 K:BB over 183.2 regular-season innings covering 32 starts in 2025 in his first season with the Phillies. The left-hander is slated to reach free agency next offseason.
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Michael Lorenzen SP | KC
Rockies' Michael Lorenzen: Signs with Rockies
Lorenzen signed a one-year, $8 million contract with the Rockies on Wednesday, Jeff Passan of ESPN.com reports.
Lorenzen's new deal also includes a $9 million club option for the 2027 season. The 34-year-old right-hander took a step back in 2025, accumulating a 4.64 ERA and 1.33 WHIP alongside a 127:39 K:BB across 141.2 innings with the Royals. His chances of improving upon those numbers in 2026 have taken a hit now that he's slated to pitch his home games at Coors Field, but Colorado's weak pitching staff at least makes Lorenzen a safe bet to capture a rotation spot.
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Edward Cabrera SP | CHC
Cubs' Edward Cabrera: Traded to Cubs
The Cubs acquired Cabrera from the Marlins on Wednesday in exchange for Owen Caissie, Cristian Hernandez and Edgardo De Leon, Jeff Passan of ESPN.com reports.
Cabrera experienced a breakthrough in 2025 after lowering his arm slot, finishing the season with a 3.53 ERA, 1.23 WHIP and 150:48 K:BB across 137.2 innings. It was a career-high workload for the righty, and he will remain a major injury risk moving forward, but Cabrera injects some much-needed upside and bat-missing ability into the Cubs' rotation. He is under team control through 2028.
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Lyon Richardson SP | CIN
Reds' Lyon Richardson: Outrighted to Triple-A
The Reds outrighted Richardson to Triple-A Louisville on Wednesday.
Richardson is no longer on the 40-man roster but will remain in the organization after passing through waivers unclaimed. The right-hander finished 2025 with a 4.54 ERA, 1.54 WHIP and 30:21 K:BB across 37.2 regular-season innings for Cincinnati.