Signing free agents is the easiest way to fill holes on a team, and the Yankees have plenty of them.
However, with most of the starting positions on the 2027 roster locked in, where can the Yanks look to improve? The bench needs a boost, and there are still questions surrounding second base and third base.
Not to mention the annual bullpen rebuild New York has become known for.
While the Yanks should be looking to bring back some of their own free agents, like David Bednar and Paul Blackburn, we'll make this list more interesting by including only players who were not in pinstripes this past season, starting with the bullpen, then catcher and finally the infield.
Raisel Iglesias
The Braves' closer for the last four seasons, Iglesias would make a great Bednar replacement if he were to get away.
Despite putting up 30-plus saves every season as Atlanta's closer, he was a first-time All-Star in 2026 while pitching to a 2.55 ERA -- his third sub-3.00 ERA in the last four seasons -- with 34 saves and a 1.08 WHIP.
The 36-year-old did miss some time this past season with shoulder inflammation, which isn't great, but he finished strong, helping the Braves win the NL East and make it to the NLDS.
Adrian Morejon
The name seemingly on every team's lips. Morejon has dominated in his time with the Padres, especially most recently setting up for Mason Miller.
Morejon pitched his third consecutive season with a sub-3.00 ERA and while he wasn't as unhittable as he was in his lone All-Star season in 2025, he had a career-high in strikeouts (107) and in K/9 (11.2).
With Brent Headrick already in the bullpen, Morejon would be a luxury as a southpaw, but would serve nicely as the setup man for whoever closes for the Bombers in 2027 and beyond.
Alex Vesia
A pursuit of Vesia should not be impacted by potential pursuits of Blackburn and Bednar.
Tim Hill, the once lockdown lefty specialist in the 'pen, is going to hit the market and Vesia would be an upgrade. Vesia pitched to a 2.64 ERA and struck out 74 batters across 58 innings for the Dodgers in 2026. The one bugaboo about him is his walk rate, as he averaged five walks per nine in 2026 and has a career walk rate of 4.3 per nine.
But the Yankees could perhaps overlook it, especially if you consider his postseason numbers. Vesia pitched 3.1 scoreless innings this postseason and was dominant in 2024, allowing just two hits and two walks across 5.2 scoreless innings, en route to a World Series title over the Yankees.
Pete Fairbanks
This would be a reclamation project. Fairbanks had a down 2026 with the Marlins, pitching to a 6.31 ERA (4.42 xERA) and a 1.35 WHIP after a magnificent 2025 with the Rays, when he locked down 27 saves and pitching to a 2.83 ERA.
The right-hander was also injured, missing a few weeks due to a shoulder issue, but he should be looking for a prove-it, one-year deal and the Yankees could use him after the departures and question marks surrounding some of their relievers.
Fairbanks' velocity was still in the 90th percentile per Baseball Savant, and he struck out batters at a 31.1 percent clip, so the stuff is there -- he just needs to execute. His 11.5 percent walk rate was his highest since 2020.

Tyler Stephenson
The former first-round pick of the Reds is heading to free agency. While Cincinnati could extend the qualifying offer, the Yankees should still do their due diligence and see if Stephenson would be right for their club.
Stephenson's overall offensive numbers have declined, but he is still elite when he barrels up the ball. In 2026, he was in the 82nd percentile in barrel percentage, 80th in exit velocity and 71st in hard-hit percentage.
The 30-year-old is a good blocker behind the plate, but he isn't great at framing or holding runners on. It may be a necessary trade-off to get a competent bat.
Ryan Jeffers
The biggest name among the free agent catchers, the Yankees looked into acquiring Jeffers at the deadline, but the Twins weren't willing to trade him. Now with Jeffers on the market, the Yanks can pursue Jeffers to bring that pop from the right side.
Although Jeffers, like Stephenson, isn't the strongest behind the plate, the offense is a must. If the Yankees can get him at a reasonable deal, it would be worth it.
Alec Bohm
Made the pitch in our third base candidates list, but Bohm gives the Yankees a right-handed bat to play the hot corner on most days -- with McMahon coming in for late-game situations for defense -- and could replace Paul Goldschmidt, who is also a free agent,as the right-handed first base option.

Bohm is durable, playing in at least 140 games in four of his last five seasons, and has been solid at the plate. He's one of only seven right-handed hitters to drive in at least 85 runs in three of the past four seasons.
While his defense leaves a lot to be desired (-11 OAA playing third and first in 2026), it may be a worthy sacrifice to round out the lineup.
Eugenio Suarez
Another third base candidate from our list, Suarez could be the power option the Yankees could grab on the cheap after the veteran had a down season with the Reds.
Suarez's 2026 was so down that no team wanted him when he was put on waivers toward the end of the season. Perhaps that can motivate Suarez to recapture some of his prolific power. Suarez hit 26 bombs a season after smashing 49, but slashed .212/.307/.433 with an OPS of .740. It could be worth the risk for the Yanks if the money is right.
Like Bohm, Suarez's defensive metrics are not great. He played 50 games at third base in 2026 and had -7 OAA. His arm strength is also in the bottom 25 percent in the league, so a straight platoon with McMahon would be a must.
Luis Arraez
Speaking of players who can round out a lineup, Arraez is a hit machine, one the Yankees can surely use.
Arraez has improved defensively at second base, so that would be the only worthwhile position for him, so admittedly, this would be a luxury signing. His left-handed bat would replace Jazz Chisholm Jr.'s, but his market could be more robust than in years past.
If the Yanks can swing a one-year deal for Arraez's services, it can change the lineup and even influence other hitters to be more contact-oriented.
Brandon Lowe
Lowe was arguably one of the best acquisitions last offseason. Coming from the Rays after an All-Star 2025 season, the veteran infielder helped the Pirates become one of the more prolific offenses in baseball in 2026.
Now a free agent, Lowe could be the low-key steal of the offseason for the Yankees.
His offensive numbers were better across the board from his All-Star season, as he slashed .260/.331/.493 (.824 OPS) to go along with his 35 home runs and 96 RBI. And his defense is pretty solid at second base. He posted a career-best +12 OAA, playing 138 games at second in 2026. While not as athletically gifted as Chisholm, he has proven he can handle the position.
Lowe's career splits against left-handers (.220/.274/.410) are similar to Chisholm's, so the same pitfalls that made the Yankees susceptible to southpaws are there. But it could be worth it for the production Lowe brings, especially if they feel Luis Garcia Jr. isn't a fit to play second base.















