It's hot stove season! The 2025-26 MLB offseason is officially here, and we have you covered with grades and analysis for every major signing and trade this winter.

Whether it's a big-money free agent signing that changes the course of your team's future or a blockbuster trade, we'll weigh in with what it all means for next season and beyond.

ESPN MLB experts Bradford Doolittle and David Schoenfield will evaluate each move as it happens, so follow along here -- this story will continue to be updated. Check back in for the freshest analysis through the start of spring training.

Related links: Tracker | Top 50 free agents

Mariners kick off the winter by re-signing Naylor

The deal: Five years

Grade: A-

If there was an award for free agent prediction most to likely come true, J

See Full Page