Volpe (shoulder) agreed to a one-year, $3.5 million contract with the Yankees to avoid arbitration Thursday, Jack Curry of YES Network reports.

Volpe is recovering from shoulder surgery and won't be ready to begin the 2026 season. This was the shortstop's first year of arbitration eligibility, and he'll see a raise of about $2.6 million from 2025 after posting a .212/.272/.391 slash line with 19 homers and 18 steals in 153 regular-season games.

Gil and the Yankees agreed to a one-year, $2.16 million contract with the Yankees on Thursday to avoid arbitration, Jack Curry of YES Network reports.

This was Gil's first year of arbitration eligibility, and he's set to nearly triple his salary from 2025. He was sidelined for much of last season due to a lat strain, though he made 11 starts across the final two months of the campaign and should have a role in the rotation to begin the 2026 season.

Cruz signed a one-year, $1.45 million contract with the Yankees to avoid arbitration Thursday, Jack Curry of YES Network reports.

Cruz spent the entire 2025 season with the Yankees and earned two saves with 16 holds across 49 regular-season appearances. He posted an even more impressive 72:24 K:BB, so he should be in line for a high-leverage role once again in 2026.

Chisholm and the Yankees agreed to a one-year, $10.2 million contract to avoid arbitration Thursday, Jack Curry of YES Network reports.

Chisholm is in the final year of arbitration eligibility and will receive a raise of roughly $4.5 million 2025. The latest reports suggest he isn't close to a long-term contract with the Yankees, so he could be headed for free agency following the 2026 season. Chisholm hit 31 home runs with 31 stolen bases across 531 plate appearances during the regular season last year.

Caballero agreed to a one-year, $2 million contract with the Yankees to avoid arbitration Thursday, Jack Curry of YES Network reports.

Caballero was dealt to the Yankees at the trade deadline, and he enjoyed a strong second half of the season. Across 95 regular-season plate appearances for New York, he managed to hit .266/.372/.456 with 15 stolen bases and three home runs. Caballero projects to be in a bench role when the Yankees' lineup is healthy, though he's likely to get regular at-bats to begin the year with Anthony Volpe (shoulder) sidelined.

Bird signed a one-year contract with the Yankees to avoid arbitration Thursday.

The official terms of the deal haven't been announced, but this was Bird's first year of arbitration eligibility. The Yankees acquired him from the Rockies at the summer deadline, but he was dispatched to Triple-A after giving up six earned runs in his first three outings for New York, and he spent the rest of the season in the minors.

Speier signed a one-year contract with the Mariners to avoid arbitration Thursday,Daniel Kramer of MLB.com reports.

The terms of the deal aren't yet known, though Speier is likely getting a decent raise after making $845,000 during his first year of arbitration eligibility in 2025. He's coming off of an excellent campaign, maintaining a 2.61 ERA and 0.87 WHIP across 62 frames while also earning 24 holds during the 2025 regular season.

Raley signed a one-year contract with the Mariners on Thursday to avoid arbitration, Daniel Kramer of MLB.com reports.

This marked Raley's first year of arbitration eligibility. He took a significant step back in 2025, logging only a .630 OPS across 219 plate appearances while also dealing with oblique and back injuries. Raley projects to begin 2026 in a reserve role for Seattle.

Gilbert and the Mariners agreed to a one-year, $10.9 million contract to avoid arbitration Thursday, Mark Feinsand of MLB.com reports.

This marked Gilbert's third year of arbitration eligibility, and he's secured a raise of about $3.4 million for 2026. He turned in another very strong season last year, maintaining a 3.44 ERA and 1.03 WHIP across 131 frames during the regular season.

Bednar agreed to a one-year, $9 million contract with the Yankees on Thursday to avoid arbitration, Gary Phillips of the New York Daily News reports.

Bednar had a rocky start to the 2025 season with Pittsburgh, which resulted in a brief demotion to Triple-A. His trip to the minors did the trick, as he reclaimed his closer role in the Pirates' bullpen and pitched well before being traded to the Yankees in late July. Bednar served as the preferred closer for the Bronx Bombers toward the tail end of the regular season, and in 22 outings with the Yankees, he logged a 2.19 ERA, 0.93 WHIP, 10 saves (on 13 opportunities) and a 35:9 K:BB across 24.2 innings. Bednar figures to reprise his role as the Yankees' top closer for the 2026 season.