MLB free agency tracker: Latest 2024-25 offseason trades, moves

Just like that, the 2024-25 MLB hot stove has kicked off! We had a trade just one day after the Los Angeles Dodgers hoisted the World Series championship trophy.

All eyes this winter were on the top free agent, young slugger Juan Soto, who left the New York Yankees for a record contract with the New York Mets. But he's not the only one who will make a splash in the market.

Which teams will go all-in to contend for a 2025 World Series title? Where will other top free agents such as Pete Alonso and Alex Bregmanland? And who will make the trades and deals that have everyone buzzing?

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

Notable MLB offseason transactions

Jan. 7

Giants add Verlander on one-year deal

Right-hander Justin Verlander and the San Francisco Giants are in agreement on a one-year, $15 million contract, sources told ESPN on Tuesday, continuing the future Hall of Famer's career at age 42 in one of the pitcher-friendliest stadiums in baseball. Story |Grade

Jan. 6

Reds acquire Lux in trade with Dodgers

The Cincinnati Reds acquired infielder Gavin Lux from the Los Angeles Dodgers for a draft pick and an outfield prospect, the teams announced Monday, adding another prime-age hitter to a team that hopes to ascend in the National League Central this season. Story |Grades

Royals bring back pitcher Lorenzen

Right-hander Michael Lorenzen and the Kansas City Royals agreed on a one-year, $7 million contract, sources told ESPN. Story |Grade

Jan. 3

Dodgers land star KBO infielder

The Los Angeles Dodgers are in agreement with Korean infielder Hyeseong Kim on a 3-year, $12.5 million contract, sources confirmed to ESPN on Friday.Story| Grade

Dec. 30

Nats sign Bell to one-year deal

The Washington Nationals have agreed to terms with first baseman Josh Bell on a one-year contract worth $6 million, according to multiple reports. Story

Dec. 29

Cubs and Marlins swap infielders

The Chicago Cubs acquired utility man Vidal Bruján on Sunday, sending first baseman Matt Mervis to the Miami Marlins in a swap of former top-100 prospects. Story

Dec. 28

Dec. 27

Dodgers bring back All-Star outfielder Hernandez

Outfielder Teoscar Hernández and the Los Angeles Dodgers are in agreement on a three-year, $66 million contract, sources told ESPN.Story|Grade

Tigers add Torres to infield on one-year deal

Infielder Gleyber Torres and the Detroit Tigers are in agreement on a one-year, $15 million contract, sources tell ESPN. Story |Grade

Dec. 23

McCutchen returns to the Pirates

Veteran slugger Andrew McCutchen is returning to the Pittsburgh Pirates, the team announced on social media. Story

Buehler, Red Sox agree to 1-year deal

Right-hander Walker Buehler and the Boston Red Sox are in agreement on a one-year, $21.05 million contract, sources told ESPN, sending the pitcher who secured the final out of the World Series this year to a team loading up on starting pitching as it pivots toward contention. Story| Grade

Rangers add veteran bat Pederson

Outfielder Joc Pederson and the Texas Rangers are in agreement on a contract pending a physical, sources tell ESPN. Story| Grade

Manaea returns to Mets on three-year deal

Left-hander Sean Manaea and the New York Mets are in agreement on a three-year, $75 million contract, sources told ESPN. Story| Grade

Dec. 22