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2025-26 MLB free agency, trade grades: Offseason analysis

It's hot stove season! The 2025-26 MLB offseason is officially here, and we have you covered with grades and analysis for every major signing and trade this winter.

Whether it's a big-money free agent signing that changes the course of your team's future or a blockbuster trade, we'll weigh in with what it all means, for next season and beyond.

ESPN MLB experts Bradford Doolittle and David Schoenfield will evaluate each move as it happens, so follow along here -- this story will continue to be updated. Check back in for the freshest analysis through the start of spring training.