Biggest Winners and Losers of 2025 MLB Winter Meetings

The annual MLB winter meetings have been relatively quiet so far, but there were a pair of high-profile signings on Tuesday afternoon as Kyle Schwarber re-signed with the Philadelphia Phillies and Edwin Díaz joined the Los Angeles Dodgers.
That was followed by slugger Pete Alonso agreeing to a five-year, $155 million deal with the Baltimore Orioles as the logical next domino fell following the Schwarber signing.
Will Alex Bregman, Cody Bellinger or Kyle Tucker be next to sign? Who will be the next starting pitcher to agree to a new deal after Dylan Cease set the market? Will we have any movement from the international players poised to make the move stateside?
For now, let’s take a run through the biggest winners and losers from the moves that have been made, including some smaller-scale deals, along with the aforementioned Schwarber, Díaz and Alonso signings.




