Tampa Bay Rays right-hander Nick Martinez declined his $20 million mutual option for the 2027 season to become a free agent this winter, according to Jon Heyman of the New York Post. Martinez will instead take a $4 million buyout and enter the open market. The 36-year-old veteran unsurprisingly will be looking for a new team to play for in 2027 and beyond after making his first All-Star team in 2026 and helping the Rays advance to the World Series, where they lost in five games to the Milwaukee Brewers. In 31 starts for Tampa this year, Martinez went 15-6 with a strong 3.10 ERA (3.96 FIP) and 1.09 WHIP with 109 strikeouts and 26 walks in a career-high 180 innings pitched during the regular season. It was the first time in his nine-year MLB career that Martinez made all of his appearances in a starting role. Despite his age, Martinez should have some multi-year offers after his impressive year for the Rays, but it will also depend on whether interested teams view him as more of a reliever as he nears the end of his career.

Right-hander Tatsuya Imai will not opt out of his deal with the Houston Astros this offseason, according to Jon Heyman of the New York Post. Imai has $36 million and two years left on his deal with the team and has another opt-out clause in his contract after the 2027 season. The 28-year-old Japanese hurler showed some flashes in his first year in the big leagues in the United States, but ultimately, he was a disappointment for Houston and fantasy managers, going 6-4 with a 4.93 ERA (4.25 FIP) and 1.42 WHIP with 97 strikeouts and 51 walks in 76 2/3 innings across his 23 appearances (15 starts) for the Astros in 2026. Imai's fantasy stock fell drastically towards the end of the season, when he was deployed out of the bullpen in the final two months. Depending on how the team's starting-rotation options are looking in spring training next year, it is possible that the Astros could keep Imai in a relief role, which would make him avoidable in nearly all fantasy formats in 2027. As a reliever in a small sample size of just eight appearances, Imai was much more effective for Houston, allowing only four earned runs on eight hits while walking 11 and striking out 25. Better control would help Imai bounce back in his sophomore season in the big leagues.

The Baltimore Orioles are expected to decline outfielder Luis Robert Jr.'s $20 million option for the 2027 season, sources told Francys Romero. The Orioles would pay a $2 million buyout to make Robert a free agent this winter at the age of 29. The always-enticing power/speed option was one of the New York Mets' big free-agent additions last offseason, but he did not pan out and quickly found himself on the injured list and stayed there for almost three months due to a lumbar spine disc herniation. In just 58 games played this year, the Cuban right-handed slugger hit a disappointing .223/.303/.399 with 11 home runs, 26 RBI, 26 runs scored, two stolen bases, 24 walks, and 55 strikeouts in 61 plate appearances in total with the Mets and Orioles. Robert played in only three games with the O's to close out the year and will now find himself back on the open market. Baltimore picked him up after he was waived by the Mets in August. Robert is still young enough to have some upside, but MLB teams will not be willing to pay him too much given all the injuries he has endured that have essentially made him a bust.

Baltimore Orioles right-handed reliever Ryan Helsley (elbow) will opt into his $14 million player option for the 2027 season to stay in Baltimore for another year, a source told Andy Kostka of The Baltimore Banner. Helsley had a strong start to his first year in Baltimore in 2026, but it was short-lived, and he ended up pitching only 15 1/3 innings out of the bullpen for the O's due to a right-elbow injury. The 32-year-old veteran and two-time All-Star was attempting to bounce back following a rough finish to the 2025 campaign after being traded from the St. Louis Cardinals to the New York Mets. In 22 appearances in relief for the Mets to finish that season, Helsley had a 7.20 ERA, 1.80 WHIP, and zero saves in 20 innings pitched. He had a 4.11 ERA, 1.43 WHIP, eight saves, and a 21:9 K:BB in his limited showing for Baltimore this year. Helsley should be healthy for the start of next season, but it is fair to wonder if he will be the team's primary ninth-inning option or approach his form from the 2024 campaign, when he led the league with 49 saves in St. Louis.