2025 MLB free-agent signing tracker, trades: Giants, Willy Adames agree to $182M deal

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The MLB free-agent market is officially open! 

Juan Soto is the biggest name on the board — and the 26-year-old slugger might set a record for present-day value with his next deal after a career year with the New York Yankees — but he’s just one of several All-Stars available in what figures to be an active winter.

[Related: 2025 MLB free-agent rumors tracker; 2025 MLB free-agent rankings: Juan Soto leads top 30]

Here are all the latest notable signings and the top remaining free agents in baseball.

MLB free-agent and trade tracker

Dec. 7

Orioles sign C Gary Sánchez

Reported terms: One year, $8.5 million

Orioles sign OF Tyler O’Neill

Reported terms: Three years, $49.5 million (opt out after 2025 season)

Giants sign SS Willy Adames

Reported terms: Seven years, $182 million

Dec. 6

Mets sign RHP Clay Holmes

Reported terms: Three years, $38 million

Guardians re-sign RHP Shane Bieber

Reported terms: One year, $14 million

Rays sign C Danny Jansen

Reported terms: One year, $8.5 million

Dec. 5

Athletics sign RHP Luis Severino

Reported terms: Three years, $67 million

Dec. 3

Boston Red Sox sign LHP Aroldis Chapman

Reported terms: One year, $10.75 million

Dec. 2

Texas Rangers sign C Kyle Higashioka

Reported terms: Two years, $13.5 million with a mutual option

Chicago Cubs sign LHP Matthew Boyd

Reported terms: Two years, $29 million

Dec. 1

New York Mets sign RHP Frankie Montas

Reported terms: Two years, $34 million

Nov. 29

Los Angeles Dodgers extend IF Tommy Edman

Reported terms: Five years, $74 million

Nov. 26

Los Angeles Dodgers sign LHP Blake Snell

Reported terms: Five years, $182 million

Nov. 25

Los Angeles Angels sign LHP Yusei Kikuchi

Reported terms: Three years, $63 million

Nov. 22

Kansas City Royals trade RHP Brady Singer to Cincinnati Reds

Who else is involved: Infielder Jonathan India and outfielder Joey Wiemer.

Nov. 20

Cleveland Guardians trade RHP Eli Morgan to Chicago Cubs

Who else is involved: A minor leaguer is reportedly heading to Cleveland in exchange for Morgan.

Nov. 19

Tampa Bay Rays trade OF Jose Siri to New York Mets

Who else is involved: RHP Eric Orze

12 players decline qualifying offer: New York Yankees OF Juan Soto; Baltimore Orioles SP Corbin Burnes and OF Anthony Santander; Boston Red Sox SP Nick Pivetta; Houston Astros 3B Alex Bregman; Arizona Diamondbacks 1B Christian Walker; Atlanta Braves SP Max Fried; Los Angeles Dodgers OF Teoscar Hernández; Milwaukee Brewers SS Willy Adames; New York Mets 1B Pete Alonso, SP Sean Manaea and SP Luis Severino

Nov. 18

Cincinnati Reds SP Nick Martinez accepts qualifying offer

Reported terms: One-year deal for $21.05 million

Nov. 14

Los Angeles Angels sign IF Kevin Newman

Reported terms: One-year deal, with club option

Previous team: Diamondbacks

Nov. 12

Los Angeles Angels sign C Travis d’Arnaud

Reported terms: Two years, $12 million

Previous team: Braves

Nov. 6

Los Angeles Angels sign SP Kyle Hendricks

Reported terms: 1 year, $2.5 million

Previous team: Cubs

Nov. 4

Atlanta Braves retain OF/DH Marcell Ozuna

Reported terms: Exercised one-year, $16 million team option

Nov. 3

Kansas City Royals re-sign RHP Michael Wacha

Reported terms: Three years, $51 million

Nov. 2

Chicago Cubs retain OF/1B Cody Bellinger

Reported terms: Exercised one-year, $27.5 million player option (with option for 2026)

Oct. 31

Atlanta Braves trade OF Jorge Soler to Los Angeles Angels

Who else is involved: RHP Griffin Canning to Atlanta.

Best remaining free agents

Juan Soto, OF

Corbin Burnes, SP

Alex Bregman, 3B

Max Fried, SP

Pete Alonso, 1B

Teoscar Hernández, OF

Anthony Santander, OF

Christian Walker, 1B

Jack Flaherty, SP

Tanner Scott, RP

Nathan Eovaldi, SP

Gleyber Torres, INF

Jurickson Profar, INF/OF

Sean Manaea, SP

Ha-Seong Kim, INF

Walker Buehler, SP

Carlos Estévez, RP

Joc Pederson, DH

Paul Goldschmidt, 1B

Nick Pivetta, SP

Alex Verdugo, OF

Max Scherzer, SP

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