MLB rumors: Live updates from free-agent frenzy as Corey Seager, Max Scherzer, Robbie Ray find new homes

The Major League Baseball hot stove is heating up ahead of an impending work stoppage. The current Collective Bargaining Agreement (CBA) expires Wednesday night, and free-agent activity will be halted until the players’ union and the league can come to a new agreement — a process that could take months. Many players and teams are getting deals in place before the lockout, and it’s led to a free-agent frenzy in the last two days. Shortstop Corey Seager became the latest big name to sign, as he agreed to a massive 10-year, $325 million contract with the Rangers on Monday afternoon.

It’s already been a huge offseason for the Rangers. Over the weekend, they added second baseman Marcus Semien, right-hander Jon Gray, and outfielder Kole Calhoun. In all, that’s a salary commitment of more than $550 million for Texas. 

Also on Monday, Max Scherzer agreed to a record-breaking deal with the Mets. Scherzer’s contract with the Mets will pay him $130 million over three years, thereby setting a new record for average annual value ($43.3M per year). Scherzer will join a trio of free-agent signings the Mets made last week, in infielder Eduardo Escobar, utility player Mark Canha, and outfielder Starling Marte. Scherzer was not the only big-name pitcher to sign on Monday. Robbie Ray, who won the AL Cy Young Award earlier this month for his stellar 2021 season with the Blue Jays, agreed to a five-year deal with the Seattle Mariners worth $115 million.

Here’s a look at the notable free agent deals to happen since Sunday night.

Notable hot stove deals

  • Corey Seager and the Rangers have agreed to a 10-year, $325 million pact (full story here). 
  • Max Scherzer and the Mets have finalized a three-year, $130 million deal (full story here).
  • Robbie Ray agreed to a five-year, $115 million deal with the Mariners (full story here).
  • The Marlins acquired catcher Jacob Stallings in a four-player deal with the Pirates, the teams announced.
  • Marcus Semien agreed to a seven-year, $175 million deal with the Rangers (full story here). 
  • The Marlins and Avisaíl García agreed to a four-year, $53 million deal (full story here). 
  • Kevin Gausman and the Blue Jays agreed to a five-year, $110 million deal (full story here). 
  • Jon Gray and the Rangers agreed to a four-year, $56 million deal (full story here).
  • Corey Kluber signed a one-year deal with the Rays after spending 2021 with the Yankees (full story here).
  • Reliever Kirby Yates signed a two-year, $8.25 million deal with the Braves, the team announced.
  • Reliever Daniel Hudson is nearing a one-year, $7 million deal with the Dodgers, per ESPN’s Jeff Passan.

We’ll be providing live updates throughout Monday as teams push to get more deals done. Follow along below.

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