Just like that, the 2024-25 MLB hot stove has kicked off! We have a trade just one day after the Los Angeles Dodgers hoisted the World Series championship trophy.
All eyes this winter will be on the top free agent, young slugger Juan Soto. But he's not the only one who could make a splash in the market.
Which teams will go all-in to contend for a 2025 World Series title? Where will other top free agents such as Corbin Burnes, Pete Alonso and Alex Bregman and? And who will make the trades and deals that have everyone buzzing?
Below is a running list of notable transactions and updates from throughout the MLB offseason.
Hedges returns to Guardians on one-year deal
Catcher Austin Hedges and the Cleveland Guardians are in agreement on a one-year contract, sources tell ESPN.
Angels add veteran arm to rotation
Kyle Hendricks is in agreement with the Los Angeles Angels on a one-year, $2.5 million deal, sources tell ESPN.
Royals re-sign Wacha to 3-year deal
Right-hander Michael Wacha and the Kansas City Royals are in agreement on a three-year, $51 million contract, sources tell ESPN. The deal includes a club option and can max out at four years, $72 million.Story | Grade
Braves make first splash of offseason
The Atlanta Braves are trading outfielder Jorge Soler to the Los Angeles Angelsand will receive right-hander Griffin Canning, sources tell ESPN. Story | Grade
Dec. 9-12: Winter meetings in Dallas, Texas
Dec. 11: Rule 5 draft
Jan. 9: Deadline for teams and arbitration-eligible players to submit salary figures
End of January: Arbitration hearings begin
Feb. 22: Spring training games begin