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Kyle Schwarber Returns to Phillies on $150 Million Deal as Dodgers Land Edwin Díaz

The twin moves are expected to redirect Winter Meetings pursuits across the league.

Overview

  • Kyle Schwarber re-signed with Philadelphia on a reported five-year, $150 million contract, ending widespread courting from teams including the Mets, Red Sox, Reds and Pirates.
  • Edwin Díaz agreed to a reported three-year, $69 million deal with the Dodgers, a pact characterized in coverage as setting a new reliever AAV benchmark.
  • The Mets, who had shown interest in Schwarber, remain active after adding Devin Williams on a three-year deal and recently holding a Zoom meeting with rotation target Michael King.
  • Yankees general manager Brian Cashman said New York did not make a formal offer to re-sign Devin Williams before he joined the Mets.
  • Rival executives and reports expect clubs that pursued Schwarber to pivot to alternatives—such as Pete Alonso or other bats and rotation help—setting up a potential flurry of Winter Meetings decisions.