Winter Meetings Rumors & Trades LIVE: Marte, Donovan, Alcantara & Diaz Update (2026)

The MLB Winter Meetings are heating up, and the hot stove is sizzling! But as the week continues, the big question remains: Who will be the next big signing or trade after Kyle Schwarber and Edwin Díaz? The baseball world is buzzing with anticipation.

The annual Winter Meetings in Orlando are a hotbed of activity, and this year is no exception. Monday may have been relatively quiet on the transaction front, but the rumors were flying (https://www.cbssports.com/). Then, on Tuesday, the action began with Schwarber returning to the Phillies (https://www.cbssports.com/mlb/news/kyle-schwarber-phillies-free-agency-contract/) and Díaz joining the Dodgers (https://www.cbssports.com/mlb/news/edwin-diaz-dodgers-free-agency-closer/), while the rumor mill continued to churn (https://www.cbssports.com/).

With Schwarber off the market, attention turns to the trade market, where the Diamondbacks' Ketel Marte and the Cardinals' Brendan Donovan are the hottest commodities. But it's not just about the big names; the Marlins' Sandy Alcantara and Edward Cabrera are also attracting interest. And with only one of the top 10 free agents signed (https://www.cbssports.com/mlb/news/ranking-top-50-mlb-free-agents-2026/) and one of the top 10 trade candidates moved (https://www.cbssports.com/mlb/news/ranking-top-25-mlb-trade-candidates-landing-spots/), there's still plenty of action to come.

But here's where it gets interesting: Wednesday also brings the Rule 5 Draft (https://www.cbssports.com/mlb/news/mlb-rule-5-draft-preview-10-names-to-watch-jud-fabian/), offering minor leaguers outside the top prospect ranks a shot at the big leagues. Last year's top pick, Shane Smith, proved the value of this draft by becoming an All-Star with the White Sox. Teams will be eager to replicate the ChiSox's success and find their own hidden gems.

Now, let's dive into some of the latest updates and rumors:

Guardians Keeping Kwan: ESPN reports (https://www.espn.com/mlb/story/_/id/47201398/2025-mlb-winter-meetings-updates-rumors-predictions-schwarber-tucker-marte-buxton-alonso) that the Guardians plan to hold onto left fielder Steven Kwan for the upcoming season. Despite trade rumors, Cleveland couldn't seal the deal, and now they're keeping their best outfielder and second-best player. But with the team's outfield hitting just .225/.288/.341 with 38 home runs in 2025, improvements are needed, with or without Kwan.

Minimal Interest in Walker: The Astros are looking to move Christian Walker to clear their infield logjam, but The Athletic reports minimal interest (https://www.nytimes.com/athletic/6876956/2025/12/09/astros-yordan-alvarez-designated-hitter-infielder-trade/). Walker, turning 35 in March, had 27 home runs but a low .297 on-base percentage and subpar defense. With a $20 million salary for 2026 and 2027, it's a tough sell.

Padres' Relievers in Demand: Teams are inquiring about the Padres' top relievers, but GM A.J. Preller tells the San Diego Union-Tribune (https://www.sandiegouniontribune.com/2025/12/09/padres-seem-intent-on-getting-better-at-start-without-giving-away-ending/) he's reluctant to break up the bullpen. With a strong relief crew, including Jeremiah Estrada, Adrian Morejon, and Mason Miller, the Padres are a force in the late innings. But with a need for starting pitching and a power-hitting DH, the club has limited financial flexibility, leading to trade rumors involving Jake Cronenworth.

Phillies' Offer to Realmuto: MLB.com reports (https://www.mlb.com/news/kyle-schwarber-phillies-free-agent-contract) that the Phillies have made an offer to J.T. Realmuto, the top catcher on the market. With his history with the team and the Phillies' financial might, Realmuto returning seems likely. If he signs, the Phillies will focus on their outfield, with Nick Castellanos likely departing and Justin Crawford expected to compete for a spot.

Reds Eyeing Marte and Lowe: The Athletic reports (https://www.nytimes.com/athletic/6877800/2025/12/10/mlb-winter-meetings-reds-braves-blue-jays/) that the Reds are considering pursuing Ketel Marte and Brandon Lowe after missing out on Schwarber. Marte is highly sought-after, and the Reds' young pitching depth could give them an edge. Lowe, with 31 home runs in 2025, is also available, and the Rays are open to deals.

Suarez's Market Gaining Traction: MLB.com reports (https://www.mlb.com/news/pete-alonso-rumors-at-winter-meetings) that closer Robert Suarez's market is heating up after Díaz's signing. The Blue Jays, Braves, and Mets are believed to be leading the charge. Suarez, ranked 21st among free agents (https://www.cbssports.com/mlb/news/ranking-top-50-mlb-free-agents-2026/), has a powerful fastball and can deliver in high-pressure situations. He's expected to earn a substantial contract.

Dodgers' Tucker Pursuit: The Dodgers, despite signing Díaz, might pursue Kyle Tucker, but a long-term deal is unlikely, according to The Athletic (https://www.nytimes.com/athletic/6877459/2025/12/09/dodgers-mlb-winter-meetings-kyle-tucker-tarik-skubal/). They're more inclined to offer a short-term, high-salary contract, similar to Alex Bregman's deal with the Red Sox. The Dodgers need outfield and bullpen help, and Tucker could be a defensive upgrade while adding offensive firepower.

And this is the part most fans are waiting for: What big moves will shake up the league next? Will the Guardians find a way to improve their outfield? Can the Astros find a new home for Christian Walker? Will the Padres' bullpen remain intact? And will the Phillies bring back Realmuto and reshape their outfield? The MLB Winter Meetings are a time for bold moves and strategic decisions, and the baseball world is eagerly awaiting the next big announcement. Stay tuned, as the hot stove continues to sizzle!

Winter Meetings Rumors & Trades LIVE: Marte, Donovan, Alcantara & Diaz Update (2026)

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