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Rece Hinds RF | BAL
Orioles' Rece Hinds: Re-signs with Orioles
The Orioles re-signed Hinds to a one-year contract Friday.
Hinds finished the 2026 campaign with the Orioles, which was one of three organizations he was in during the season. The 26-year-old outfielder has big power but has yet to find consistency during his limited chances in the majors, slashing .171/.229/.388 with a 41.6 percent strikeout rate over parts of three seasons.
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Joe Ryan SP | MIN
Twins' Joe Ryan: Option declined, but under control
The Twins declined Ryan's $13 million mutual option for 2027 on Friday, Dan Hayes of The Athletic reports.
Ryan remains under team control for one more season, but the Twins are passing on the option because the hurler's arbitration projection is much lower. The right-hander authored a 3.79 ERA, 1.16 WHIP and 159:31 K:BB across 144.2 innings covering 27 outings for Minnesota this season.
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Josh Bell DH | MIN
Josh Bell: Mutual option not picked up
The Twins declined Bell's $10 million club option for 2027 on Friday.
Bell will be given a $1.25 million buyout instead. The 34-year-old's lone season in Minnesota was a productive one, as he finished with a .255/.319/.419 batting line, 21 home runs and 96 RBI. Bell might have trouble landing a multi-year contract this offseason, but he should be able to find a team willing to give him regular at-bats at designated hitter and/or first base in 2027.
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Robert Stephenson RP | LAA
Robert Stephenson: Angels decline club option
The Angels declined Stephenson's (elbow) $2.5 million club option for 2027 on Friday.
The Angels handed Stephenson a three-year, $33 million contract prior to the 2024 season, and he wound up making a total of just 12 appearances for them due to various arm injuries. Stephenson is currently working his way back from ligament and flexor repair surgery on his right elbow, and he will miss at least the first few months of next season.
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Carson Kelly C | CHC
Carson Kelly: Mutual option declined
The Cubs declined Kelly's $7.5 million mutual option for 2027 on Friday.
The Cubs' signing of Kelly to a two-year, $11.5 million contract proved to be a fruitful one, as the 32-year-old put together a solid .254/.335/.402 batting line with 27 home runs in two seasons. Kelly could be able to land another multi-year contract this offseason.
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Zach Eflin SP | BAL
Zach Eflin: Becomes free agent
The Orioles declined Eflin's (elbow) $25 million mutual option for 2027 on Friday.
He'll receive a $2 million buyout instead. Eflin made only one start for the Orioles this season before undergoing Tommy John surgery, and the free agent will be shelved until around midseason next year.
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Sonny Gray SP | BOS
Sonny Gray: Free agent after declining option
Gray declined his side of a $30 million mutual option for 2027 on Friday and is now a free agent, Mac Cerullo of the Boston Herald reports.
Gray will be paid a $5 million buyout instead. He'll have an exclusive negotiating window with the Red Sox for five days, but it's unlikely the two sides will reach an agreement before Gray is able to field offers from other clubs, as well. The 37-year-old went 18-5 with a 2.72 ERA, 1.15 WHIP and 149:46 K:BB over 169 regular-season innings in 2026.
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Ethan Bagwell SP | ATL
Braves' Ethan Bagwell: Undergoes elbow surgery
Bagwell underwent right elbow surgery recently, Lindsay Crosby of BravesToday.com reports.
The specifics of the procedure are unclear, but Crosby notes that Bagwell will likely miss the entirety of the 2027 season. Bagwell -- who turns 21 in February, posted a 3.17 ERA and 105:32 K:BB over 108 innings between Single-A Augusta and High-A Rome in 2026.
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Sandy Alcantara SP | MIA
Marlins' Sandy Alcantara: Club option officially picked up
The Marlins exercised Alcantara's $21 million club option for 2027 on Friday.
Alcantara collected a 3.87 ERA and 153:59 K:BB over a league-high 214 innings this season. The 31-year-old is a tier below other frontline starting pitchers when it comes to swing-and-miss, but Alcantara has re-established himself as baseball's preeminent workhorse since coming back from Tommy John surgery. Alcantara is set to reach free agency next winter.
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Zach Brzykcy RP | MIA
Marlins' Zach Brzykcy: Sent outright to Jacksonville
The Marlins outrighted Brzykcy to Triple-A Jacksonville on Thursday.
Brzykcy has lost his spot as the Marlins do some 40-man roster maneuvering. He's been outrighted previously, so Brzykcy has the ability to decline the assignment and become a free agent. The 27-year-old reliever holds a career 9.38 ERA over 34 appearances at the big-league level.