Overview
- Kyle Schwarber re-signed with Philadelphia on a five-year, $150 million contract, reinforcing the Phillies’ middle-of-the-order power.
- Edwin Díaz agreed to a three-year, $69 million deal with the Dodgers, a pact reported to include annual deferrals and to set a new high for reliever average annual value.
- By signing Díaz, the Dodgers will forfeit their second- and fifth-highest 2026 draft picks and about $1 million in international bonus pool money under MLB rules.
- Mets president David Stearns said adding Devin Williams affected their pursuit of Díaz; New York had offered three years and $66 million with modest deferrals and is now reworking its late-inning plans.
- Despite the Díaz splash, reporting indicates the Dodgers could still explore top-tier additions on shorter, high-AAV deals, with Andrew Friedman noting the club can spend but questioning the likelihood of certain big-name moves.