Pagan signed a two-year, $20 million contract with the Reds on Wednesday, Ken Rosenthal of The Athletic reports.

Pagan thrived as the Reds' primary closer this past season, posting a 2.88 ERA and 0.92 WHIP alongside an 81:22 K:BB across 68.2 innings while converting a career-high 32 saves during the regular season. Assuming the Reds don't make another move for a high-leverage reliever, the 31-year-old righty will presumably maintain his hold on ninth-inning duties for Cincinnati.

Rojas signed a one-year, $5.5 million contract with the Dodgers on Wednesday, Daniel Alvarez-Montes of ElExtraBase.com reports.

Rojas has previously stated his intentions to retire from professional baseball after the 2026 campaign, and he will officially remain in Dodger blue for what will be his 13th and final MLB season. The 36-year-old slashed .262/.318/.397 with 27 RBI and 35 runs scored across 317 regular-season plate appearances in 2025 and figures to retain his role as a utility infielder for Los Angeles.

Atlanta signed Pope to a minor-league contract Nov. 30.

Pope made his major-league debut in 2025 with one scoreless appearance for the Diamondbacks before electing free agency last month after he was removed from the 40-man roster. The 27-year-old held a 4.60 ERA and 34:10 K:BB across 29.1 frames with Triple-A Reno and will likely begin the 2026 season at Triple-A Gwinnett.

The Diamondbacks re-signed Henry (elbow) to a minor-league contract with an invitation to spring training Monday.

Henry was non-tendered by Arizona last month, but the two sides have reunited on a minor-league pact. The left-hander missed much of 2025 due to injury and could be out for all of next season following Tommy John surgery in June. Henry holds a career 5.07 ERA over 37 appearances (32 starts) at the big-league level.

The Cubs are currently projecting regular playing time for Caissie next season, Patrick Mooney of The Athletic reports.

The club would also like to give Moises Ballesteros a chance to play regularly, though one of Caissie, Ballesteros and Seiya Suzuki will have to sit out most days. Caissie has nothing left to prove at Triple-A Iowa, having slashed .281/.380/.507 there over the last two seasons. He struggled in a cup of coffee with the Cubs, going 5-for-26 with 11 strikeouts, but is viewed as the team's top prospect.

Schmitt underwent surgery on his left wrist Tuesday and was given a rehab timeline of 8-to-10 weeks, Alex Pavlovic of NBC Sports Bay Area reports.

The 26-year-old could be limited for the start of spring training in February but should have plenty of time to get back to full health before Opening Day. Schmitt played in 95 games for the Giants last season and clubbed 12 home runs with a .237/.305/.401 slash line in 348 plate appearances. He should be in the mix to start at second base to begin 2026 but is likely better suited for more of a utility role.

Atlanta signed Young (elbow) to a one-year contract Tuesday.

It's a split contract for Young, who will miss at least the first half of the 2026 season while recovering from Tommy John surgery. The left-handed reliever holds a career 4.01 ERA and 78:25 K:BB over 60.2 innings covering parts of four major-league seasons, which includes stints in Atlanta in 2022 and 2023.

Williams agreed to a three-year contract with the Mets on Monday, Will Sammon of The Athletic reports.

Williams will remain in New York but is headed to Queens following Monday's signing. The 31-year-old had his fair share of struggles with the Yankees during the 2025 campaign, ending the year with four blown saves in 22 chances and ultimately losing his grip on the closer's role. He finished the regular season with a 4.79 ERA and 1.13 WHIP with a 90:25 K:BB across 62.0 frames. Williams will receive a fresh start with the Mets on a deal that will guarantee him more than $50 million, per Jeff Passan of ESPN.com.

Valdez (shoulder) has returned to game action with the Estrellas Orientales in the Dominican Winter League, Alex Stumpf of MLB.com reports.

Valdez underwent season-ending surgery in May to repair a dislocated left shoulder, but he's played three winter ball games and smacked a grand slam in his third contest for Estrellas on Sunday. Slated to turn 27 later this month, Valdez slashed .209/.294/.363 with two home runs and an 11:16 BB:K over 102 plate appearances for Pittsburgh before getting hurt. It seems Valdez will ready to roll for the start of spring training and he'll compete for a spot on the Pirates' Opening Day roster in 2026.

The Rockies signed Lopez to a minor-league contract with an invitation to spring training Monday, Kevin Henry of The Denver Gazette reports.

Lopez spent most of the 2025 season in the minors but did see action in 18 games between the Cubs and Angels, going just 1-for-24 at the plate. Most of Lopez's experience is at second base, and the Rockies have an opening at that position, but if the 30-year-old manages to crack the Opening Day roster, it will likely be in a reserve infielder role.