The big boys are off the board. The quick pivots have been exhausted. Now, Major League Baseball teams must make do with whatever's left on the free agent market a little more than three weeks before spring training camps open.
There have been some notable salvage jobs in the past week, with the Boston Red Sox losing out on Alex Bregman, only to pivot to run prevention and snag lefty Ranger Suárez. Or the Kyle Tucker-to-L.A. stunner prompting the Mets to ambush Bo Bichette with a $42 million annual salary.
Now, the wriggle room is less, the surefire talents all but gone from our list of available players. There are still avenues to improve, but they are narrower. Let's explore them:
Cody Bellinger: Last big bat standing
And that's no exaggeration. With Tucker, Bichette and Bregman spoken for, Bellinger represents the lowest-hanging fruit on a board that counts 34-year-old third baseman Eugenio Suárez as the next-best available positon player.
Two questions: How badly do the Yankees want Bellinger back - and do the spurned Mets and Blue Jays loom as legitimate threats?
In one sense, Bellinger was dealt a losing hand with the Tucker-Bichette shuffle, with Citi Field and Dodger Stadium both potential destinations. Tucker closes the door on L.A., but the Mets still have a massive hole in left field. The Blue Jays missed out on Tucker, couldn't renew vows with Bichette and now it's unknown if they're so desirous of an outfield upgrade that they'd be willing to spend the cash on a nine-figure deal for Bellinger, 30, after the 28-year-old Tucker spurned them.
The Yankees, meanwhile, still exist.
Other than welcoming back Trent Grisham once the center fielder accepted the $22 million qualifying offer, and trading for lefty Ryan Weathers to hold down the fort until a group of starting pitchers get healthy, it's been a virtually silent winter. Sure, their payroll will be north of $250 million, and creeps toward $300 million for tax purposes at the moment.
For now that's well shy of the Dodgers, Mets and Phillies and even trails the Blue Jays. In a relative sense, they've got money to burn. Yet they've made it clear so far that Bellinger doesn't fall into their "spare no expense" bucket. We'll see if they find a mutually happy zone.
Framber Valdez, Zac Gallen: Last aces* standing
And we say that with the understanding that both fellows have fulfilled that role – the Houston Astros winning all four of Valdez's postseason starts in their 2022 World Series title run, Gallen earning the starting nod for the NL in the 2023 All-Star Game - yet may not hit the market as such.
Valdez is still plenty good - his 3.66 ERA in 2025 was his worst as a full-time starter, yet still 14% better than league average. At 32, he's experiencing slippage in almost every peripheral, though he remains a groundball machine. His pitch-mixup kerfuffle wasn't great, and he may not inspire fans to flock through the turnstiles, but Valdez figures to remain a rotation rock through the term of any contract of reasonable length.
Gallen's arc is a little more acute. His ERA soared to 4.83 in 2025 as he gave up 31 home runs, and his WHIP settled in at 1.26 each of the past two seasons. Gallen's pullside flyball and barrel rates were both career wosts, even as his surface-level stuff has remained the same. In short, a little bit of diagnostic work for a signing team to attack.
Still, at 30 and 32, respectively, Gallen and Valdez have far less tread on their arms than the alternatives. Valdez can certainly credibly front a rotation, or at least lend quality innings to someone that needs it; Baltimore and the New York Mets both harbor playoff dreams, though the Mets may not be willing to provide the contract length Valdez prefers.
Chris Bassitt, Max Scherzer, Justin Verlander: Old guys rule?
Come Opening Day, they'll be 37, 41 and 43 years old, respectively, the latter two bound for the Hall of Fame. And for those averse to long-term entanglements with arms they don't love, these dudes certainly fold neatly into almost any team's plans.
Bassitt is coming off a three-year, $63 million deal with the Blue Jays, one that finished with him performing gallantly out of the playoff bullpen, giving up one run in seven appearances. Over 162 games, he's showing no signs of slowing down, hitting 200 innings in 2023 while throwing 181, 171 and 170 in '22, '24 and '25. Reliable.
Scherzer and Verlander, meanwhile, will seemingly never stop pitching. Verlander posted a 3.85 ERA in his lone season in San Francisco, but a typically defanged Giants attack held him to a 4-11 record - and stuck on 266 wins for his career.
Scherzer, meanwhile, started Game 7 of the World Series for the second time in his career. He pitched capably in the postseason, but crazy stuff tended to follow Mad Max around, as it tends to do: Toronto lost his first Series start in 18 innings, then suffered the 11-inning gut punch that ended their season. Still, Scherzer gritted through an early-season thumb problem to make 17 starts, completing at least six innings in six of them.
That's what you'll get with these guys: No promise of ideal health or consistent length, but the occasional magic that comes with a generational talent, for around $15 million a year.
The rest: Buddy, can you spare a reliever?
Do hope that your favorite team got in on the early rush of relievers. Erstwhile Blue Jay Seranthony Dominguez remains the last remaining arm that can be charitably termed high-leverage. A gaggle of itinerant lefties - Danny Coulombe, Brent Suter and Justin Wilson - are available.
And there's a decent pocket of starters who tuck between the bigger-ticket items and the old dudes, led by Lucas Giolito, who had five starts of seven or more innings and one or no earned runs given up last season; his track record does come with injury concerns.
Zack Littell and Nick Martinez also provide versatile, proven arms that can pad the back of a rotation or a proverbial sixth starter spot.
This article originally appeared on USA TODAY: MLB free agent rumors and news surround Cody Bellinger, Framber Valdez
