July 6, 2022

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MLB rumors: Live updates from the frenzy of free agents like Cory Seeger, Max Scherzer and Robbie Ray find new homes

MLB rumors: Live updates from the frenzy of free agents like Cory Seeger, Max Scherzer and Robbie Ray find new homes

Heat the hot stove of Major League Baseball before an imminent shutdown. The current Collective Bargaining Agreement (CBA) expires Wednesday night, and free agent activity will be suspended until the players association and the league reach a new agreement – a process that could take months. Many players and teams are getting deals before closing, and this has led to the frenzy of free agents in the past couple of days. Shortstop Corey Seager has become the latest big name to sign, agreeing to a whopping 10-year $325 million contract with Rangers on Monday afternoon.

It’s already been a huge season for the Rangers. Over the weekend, they added second baseman Marcus Simin, right quarterback John Gray, and quarterback Cole Calhoun. Altogether, this is a salary commitment of over $550 million to Texas.

Also on Monday, Max Scherzer agreed a record deal with the Mets. Scherzer’s contract with the Mets would pay him $130 million over three years, thus setting a new record for average annual value ($43.3 million annually). Scherzer will join three free-agent deals the Mets made last week, namely player Eduardo Escobar, companion player Mark Canha and defensive player Starling Mart. Scherzer wasn’t the only big-name player to sign on Monday. Robbie Ray, who won the AL Cy Young award earlier this month for his impressive 2021 season with the Blue Jays, has agreed to a five-year deal with the Seattle Mariners worth $115 million.

Here’s a look at the notable free agent deals that have been happening since Sunday night.

Notable Hot Stove Deals

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We will be providing live updates throughout Monday as teams seek to seal more deals. Follow along below.