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Alec Marsh RP | KC
Royals' Alec Marsh: Had labral surgery in October
Marsh underwent surgery in October to repair a labral tear in his right shoulder, MLB.com reports.
Marsh missed the entire 2025 season with shoulder issues and it was concluded last month that surgery was required. He is expected to need around a year to recover, so the right-hander is unlikely to be ready to pitch in a big-league game again until 2027. Marsh posted a 4.53 ERA and 123:39 K:BB over 129 innings for Kansas City in 2024.
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Dietrich Enns RP | BAL
Orioles' Dietrich Enns: Re-ups with Baltimore
The Orioles re-signed Enns to a one-year contract with a club option for 2027 on Monday.
Baltimore had a $3 million club option on Enns for 2026, but instead of picking that up it has hammered out a new deal with the left-hander. Enns was acquired by the Orioles via trade in late July and pitched well for them down the stretch, holding a 3.14 ERA and 34:11 K:BB over 28.2 frames. The southpaw will likely open 2026 in the bullpen, though he also offers the flexibility to be used as a starting pitcher.
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Brandon Woodruff SP | MIL
Brandon Woodruff: Passes on mutual option
Woodruff (lat) became a free agent Monday after declining his $20 million mutual option for 2026, Todd Rosiak of the Milwaukee Journal Sentinel reports.
The option came with a $10 million buyout, leaving Woodruff with an easy decision to decline it. Woodruff posted a 3.20 ERA, 0.91 WHIP and 83:14 K:BB over 64.2 innings covering 12 regular-season starts in 2025 before going down with a right lat strain in late September. He's expected to be ready for spring training. The right-hander will turn 33 in February and represents a high-risk, high-reward option on the free-agent market.
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Danny Jansen C | TEX
Danny Jansen: Reaches free agency
The Brewers declined Jansen's $12 million mutual option for 2026 on Monday, Todd Rosiak of the Milwaukee Journal Sentinel reports.
He'll be given a $500,000 buyout instead. Jansen slashed .215/.321/.399 with 14 home runs over 98 regular-season contests between the Rays and Brewers in 2025 and the 30-year-old catcher will now enter the free-agent market.
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Freddy Peralta SP | TB
Brewers' Freddy Peralta: Option for 2026 picked up
The Brewers exercised Peralta's $8 million option for 2026 on Monday, Todd Rosiak of the Milwaukee Journal Sentinel reports.
The Brewers picking up Peralta's option was a given. The big question is whether they will trade their ace this winter, as he's slated to reach free agency next offseason and highly unlikely to ink a long-term deal with Milwaukee. Peralta won a career-high 17 games while posting a 2.70 ERA, 1.08 WHIP and 204:66 K:BB over 176.2 innings covering 33 regular-season starts for the Brewers in 2025.
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Lucas Giolito SP | SD
Red Sox's Lucas Giolito: Declines mutual option
Giolito (elbow) declined the player side of his $19 mutual option for 2026 on Monday, Alex Speier of the Boston Globe reports.
He'll be paid a $1.5 million buyout instead. It's possible the Red Sox will extend Giolito a one-year, $22.025 million qualifying offer, and if that happens, there's a non-zero chance the right-hander accepts it. After missing the 2024 season following internal brace surgery, Giolito had a nice bounce-back 2025 campaign, posting a 3.41 ERA and 121:56 K:BB over 145 frames. However, his season ended in late September with elbow soreness, and while he was cleared of structural damage, the injury could affect his earnings potential this offseason.
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Wandy Peralta RP | SD
Padres' Wandy Peralta: Exercises player option
Peralta exercised his $4.45 million player option for 2026 on Monday, Sammy Levitt of 97.3 The Fan San Diego reports.
Peralta made 71 appearances out of the Padres' bullpen in 2025, collecting a 3.14 ERA and 63:30 K:BB over 71.2 innings. The veteran reliever will be one of San Diego's key bullpen arms from the left side again in 2026.
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Jorge Mateo SS | TB
Jorge Mateo: Club option for 2026 declined
The Orioles declined Mateo's $5.5 million option for 2026 on Monday, Francys Romero of BeisbolFR.com reports.
He'll become a free agent after slashing just .177/.217/.266 across 42 contests during an injury-shortened 2025 campaign for Baltimore. The 30-year-old Mateo has an underwhelming .221/.266/.363 career batting line over parts of six major-league seasons, but his speed and versatility should be enough to attract some interest on the free-agent market.
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Lourdes Gurriel LF | ARI
Diamondbacks' Lourdes Gurriel: Picks up player option
Gurriel (knee) exercised his $13 million player option for 2026 on Monday, Francys Romero of BeisbolFR.com reports.
Gurriel had right ACL surgery in September and will miss at least the first couple months of the 2026 season, which made picking up his option a fairly easy decision. The 32-year-old outfielder slashed .248/.295/.418 with 19 home runs over 129 games for the Diamondbacks before getting injured.
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Ha-seong Kim SS | ATL
Ha-Seong Kim: Becomes free agent after opting out
Kim became a free agent Monday after exercising the opt-out clause in his contract, Jon Heyman of the New York Post reports.
After Kim slashed just .234/.304/.345 in 48 games for Tampa Bay and Atlanta in 2025, it was not a given that he would opt out of the $16 million he was owed in 2026. However, the 30-year-old ultimately has decided to test out the free-agent market. Atlanta has a hole at shortstop, so it will likely make an effort to re-sign Kim, but he'll now be free to negotiate with all teams.