Free agent right-hander Merrill Kelly, after being dealt by the Diamondbacks to the Texas Rangers at the trade deadline last season, is returning to Arizona on a two-year, $40 million deal, sources confirmed to ESPN amid multiple media reports.

White Sox sign INF Munetaka Murakami Details: Two years, $34 million Stats: Hit 246 home runs in eight seasons for NPB's Tokyo Yakult Swallows, breaking the league record for most home runs in a season in 2022 (56).

Stay up to date with the MLB free agent market this offseason, including player signings, contract details, and team fits as the 2025-26 Hot Stove heats up.