The 2025-26 MLB hot stove was lit just days after the Los Angeles Dodgers hoisted their second consecutive World Series championship trophy.

All eyes this winter are on a free agent hitting class featuring Kyle Tucker , Kyle Schwarber (who is returning to the Phillies on a five-year deal), Cody Bellinger , Alex Bregman and Pete Alonso . But they're not the only ones who will make a splash in the market.

Which teams will go big to contend for the 2026 World Series title? And who will make the trades and signings that have everyone buzzing?

Below is a running list of notable transactions and updates from throughout the MLB offseason.

Key links: Offseason grades | Top 50 free agents | Fantasy spin | Best fits

Passan's offseason preview

Notable MLB offseason transacti

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