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American League · National League
| Free Agents | Pos. | Status | | Jay Payton | OF | |
| Arbitration Eligible | Pos. | Status | | Nick Markakis | OF | Re-signed $66 mil, 6 years) | | Chris Ray | RP/RH | Re-signed ($850 k, 1 year) | | Luke Scott | OF | Re-signed ($2.4 mil, 1 year) | | George Sherrill | RP/LH | Re-signed ($2.75 mil, 1 year) |
| Acquired | Pos. | Status | | Craig Brazell | 1B | Signed (minor league deal) | | Jolbert Cabrera | SS | Signed (minor league deal) | | Scott Chiasson | RP/RH | Signed (minor league deal) | | Justin Christian | LF | Signed (minor league deal) | | Ryan Freel | INF/OF | Traded from CIN | | Chris Gomez | INF | Signed (minor league deal) | | Robby Hammock | C | Signed (minor league deal) | | Mark Hendrickson | SP/LH | Signed ($1.5 mil, 1 year) | | Brad Hennessey | RP/RH | Signed (minor league deal) | | Rich Hill | SP/LH | Traded from CHC | | Cesar Izturis | SS | Signed ($6 mil, 2 years) | | Chad Moeller | C | Signed (minor league deal) | | John Parrish | SP/LH | Signed (minor league deal) | | David Pauley | SP/RH | Traded from BOS | | Feliz Pie | OF | Traded from CHC | | Cuillermo Rodriguez | C | Signed (minor league deal) | | Justin Turner | INF | Traded from CIN | | Koji Uehara | RHP | Signed ($10 mil, 2 years) | | Brandon Waring | INF | Traded from CIN | | Ty Wigginton | 3B | Signed ($6 mil, 2 years) | | Ross Wolf | RP/RH | Signed (minor league deal) | | Gregg Zaun | C | Signed ($2 mil, 1 year) |
| Departed | Pos. | Status | | Greg Aquino | RP/RH | Signed by CLE (minor league deal) | | Randor Bierd | RP/RH | Traded to BOS | | Freddie Bynum | SS | Signed by WAS (minor league deal) | | Daniel Cabrera | SP/RH | Signed with WAS ($2.6 mil, 1 year) | | Fernando Cabrera | RP/RH | Signed with BOS (minor league deal) | | Juan Castro | SS | Signed with LA (minor league deal) | | Rocky Cherry | RP/RH | NYM Rule 5 Draft pick | | Alex Cintron | SS | Signed with WAS (minor league deal) | | Lance Cormier | RP/RH | Signed by TB (minor league deal) | | Ben Davis | C | Signed by CIN (minor league deal) | | Brandon Fahey | SS | Signed with TOR (minor league deal) | | Luis A. Hernandez | SS | Signed by KC (minor league deal) | | Ramon Hernandez | C | Traded to CIN | | Kevin Millar | 1B | Signed with TOR (minor league deal) | | Garrett Olson | SP/LH | Traded to CHC | | Omir Santos | C | Signed with NYM (minor league deal) | | Eider Torres | SS | Signed with CHW (minor league deal) |
| Free Agents | Pos. | Status | | Paul Byrd | SP/RH | | | Mark Kotsay | OF | Re-signed ($1.5 mil, 1 year) | | Mike Timlin | RP/RH | | | Jason Varitek | C | Re-signed ($1 mil, 5 year) |
| Arbitration Eligible | Pos. | Status | | Javier Lopez | RP/LH | Re-signed ($1.35 mil, 1 year) | | Jonathan Papelbon | RP/RH | Re-signed ($6.25 mil, 1 year) | | Kevin Youkilis | 1B | Re-signed ($41 mil, 4 years) |
| Acquired | Pos. | Status | | Chip Ambres | OF | Signed (minor league deal) | | Rocco Baldelli | OF | Signed ($500 k, 1 year) | | Josh Bard | C | Signed ($1.6 mil, 1 year) | | Randor Bierd | RP/RH | Traded from BAL | | Fernando Cabrera | RP/RH | Signed (minor league deal) | | Angel Chavez | SS | Signed (minor league deal) | | Enrique Gonzalez | SP/RH | Signed (minor league deal) | | Nick A. Green | INF | Signed (minor league deal) | | Wes Littleton | RP/RH | Traded from TEX | | Carlos Maldonado | C | Signed (minor league deal) | | Paul McAnulty | LF | Signed (minor league deal) | | Marcus McBeth | RP/RH | Signed (minor league deal) | | Ivan Ochoa | SS | Signed (minor league deal) | | Brad Penny | SP/RH | Signed ($5 mil, 1 year) | | Ramon Ramirez | RP/RH | Traded from KC | | Takashi Saito | RP/RH | Signed (1 year) | | John Smoltz | SP/RH | Signed ($5.5 million for 1 year) | | Billy Traber | SP/LH | Signed (minor league deal) | | Brad Wilkerson | OF | Signed (minor league deal) |
| Departed | Pos. | Status | | David Aardsma | RP/RH | Traded to SEA | | Sean Casey | 1B | Retired | | Kevin Cash | C | Signed with NYY (minor league deal) | | Alex Cora | SS | Signed with NYM ($2 mil, 1 year) | | Bartolo Colon | SP/RH | Signed with CHW ($1 mil, 1 year) | | Coco Crisp | CF | Traded to KC | | Dewon Day | RP/RH | Claimed off waivers by TB | | David Pauley | SP/RH | Traded to BAL | | Curt Schilling | SP/RH | Retired | | Joe Thurston | LF | Signed with STL (minor league deal) | | David Ross | C | Signed with ATL ($3 mil, 2 years) | | Kyle Snyder | RP/RH | Signed with NYM (minor league deal) |
| Free Agents | Pos. | Status | | Gary Glover | RP/RH | | | Todd Jones | RP/RH | | | Aquilino Lopez | RP/RH | | | Dane Sardinha | C | Re-signed (minor league deal) |
| Arbitration Eligible | Pos. | Status | | Edwin Jackson | SP/RH | Traded from TB (Signed: $2.2 mil, 1 year) | | Gerald Laird | C | Traded from TEX (Signed: $2.8 mil, 1 year) | | Fernando Rodney | RP/RH | Re-Signed ($2.7 mil, 1 year) | | Ramon Santiago | INF | Re-signed ($825 k, 1 year) | | Bobby Seay | RP/LH | Re-signed ($1.3 mil, 1 year) | | Marcus Thames | OF | Re-signed ($2.275 mil, 1 year) | | Justin Verlander | SP/RH | Re-signed ($3,675 mil, 1 year) | | Joel Zumaya | RP/RH | Re-signed ($735 k, 1 year) |
| Acquired | Pos. | Status | | Adam Everett | SS | Signed ($1 mil, 1 year) | | Alexis Gomez | OF | Signed (minor league deal) | | Don Kelly | SS | Signed (minor league deal) | | Brandon Lyon | RP/RH | Signed ($4.25 mil, 1 year) | | Travis Phelps | P | Signed (minor league deal) | | Bronson Sardinha | OF | Signed (minor league deal) | | Matt Treanor | C | Signed ($750 k, 1 year) | | Scott Williamson | RP/RH | Signed (minor league deal) |
| Departed | Pos. | Status | | Yorman Bazardo | SP/RH | Signed with PHI (minor league deal) | | Francis Beltran | RP/RH | Signed by SF (minor league deal) | | Kyle Farnsworth | RP/RH | Signed with KC ($9.25 mil, 2 years) | | Casey Fossum | RP/LH | Signed with NYM (minor league deal) | | Freddy Garcia | SP/RH | Signed with NYM (minor league deal) | | Jacque Jones | RF | Signed with CIN (minor league deal) | | Matt Joyce | LF | Traded to TB | | Carlos Melo | RH | Traded to TEX | | Guillermo Moscoso | SP/RH | Traded to TEX | | Edgar Renteria | SS | Signed with SF ($18.5 mil, 2 years) | | Kenny Rogers | SP/LH | Retired | | Vance Wilson | C | Signed with KC (minor league deal) |
| Free Agents | Pos. | Status | | John Bale | SP/LH | Re-signed ($1.2 mil, 1 year) | | Mark Grudzielanek | 2B | | | Luke Hudson | SP/RH | Re-signed (minor league deal) |
| Arbitration Eligible | Pos. | Status | | Brian Bannister | SP/RH | Re-signed ($1.7375 mil, 1 year) | | John Buck | C | Re-signed ($2.9 mil, 1 year) | | Kyle Davies | SP/RH | Re-signed ($1.3 mil, 1 year) | | Brandon Duckworth | SP/RH | Re-signed (1 year) | | Jimmy Gobble | RP/LH | Re-signed ($1.35 mil, 1 year) | | Zack Greinke | SP/RH | Re-signed ($38 mil, 4 years) | | Mike Jacobs | 1B | Re-signed ($3.275 mil, 1 year) | | Joel Peralta | RP/RH | Re-signed (1 year) | | Mark Teahen | OF/3B | Re-signed ($3.575 mil, 1 year) |
| Acquired | Pos. | Status | | Willie Bloomquist | INF/OF | Signed ($3.1 mil, 2 years) | | Coco Crisp | CF | Traded from BOS | | Lenny DiNardo | SP/LH | Signed (minor league deal) | | Kyle Farnsworth | RP/RH | Signed ($9.25 mil, 2 years) | | Luis A. Hernandez | SS | Signed (minor league deal) | | J.R. House | C | Signed (minor league deal) | | Tug Hulett | 2B | Claimed off waivers from SEA | | Tommy Murphy | OF | Signed (minor league deal) | | Franquelis Osoria | RP/RH | Signed (minor league deal) | | Heath Phillips | SP/LH | Signed (minor league deal) | | Horacio Ramirez | RP/LH | Signed | | Oscar Villarreal | RP/RH | Signed (minor league deal) | | Doug Waechter | RP/RH | Signed | | Vance Wilson | C | Signed (minor league deal) | | Jamey Wright | RP/RH | Signed (minor league deal) |
| Departed | Pos. | Status | | Ryan Z. Braun | RP/RH | Signed with CHW (minor league deal) | | Jeff Fulchino | RP/RH | Claimed off waivers by HOU | | Joey Gathright | OF | Signed with CHC ($800 k, 1 year) | | Esteban German | INF/OF | Released | | Leo Nunez | RP/RH | Traded to FLA | | Ramon Ramirez | RP/RH | Traded to BOS | | Angel Sanchez | SS | Claimed off waivers by TOR | | Jason Smith | INF | Signed with HOU (minor league deal) | | Kip Wells | SP/RH | Signed with WAS (minor league deal) |
| Free Agents | Pos. | Status | | Juan Rivera | OF | Re-signed ($12.75 mil, 3 years) |
| Arbitration Eligible | Pos. | Status | | Chone Figgins | 3B | Re-signed ($5,775 mil, 1 year) | | Maicer Izturis | INF | Re-signed ($1.6 mil, 1 year) | | Mike Napoli | C | Re-signed ($2 mil, 1 year) | | Darren Oliver | RP/LH | Re-signed ($3.665 mil, 1 year) | | Robb Quinlan | INF | Re-signed ($1.1 mil, 1 year) | | Ervin Santana | SP/RH | Re-signed ($30 mil, 4 years) |
| Acquired | Pos. | Status | | Bobby Abreu | RF | Signed ($5 mil, 1 year) | | Luis Figueroa | 2B | Signed (minor league deal) | | Brian Fuentes | RP/LH | Signed ($17.5 mil, 2 years) | | Matt Palmer | SP/RH | Signed (minor league deal) |
| Departed | Pos. | Status | | Garret Anderson | LF | Signed with ATL ($2.5 mil, 1 year) | | Chris Bootcheck | RP/RH | Signed by PIT (minor league deal) | | Jon Garland | SP/RH | Signed with ARI ($6.25 mil, 1 year) | | Darren O'Day | RP/RH | NYM Rule 5 Draft | | Francisco Rodriguez | RP/RH | Signed with NYM ($37 mil, 3 years) | | Mark Teixeira | 1B | Signed with NYY ($180 mil, 8 years) |
| Free Agents | Pos. | Status | | Damaso Marte | RP/LH | Re-signed ($12 mil, 3 years) | | Andy Pettitte | SP/LH | Re-signed ($5.5 mil, 1 year) | | Sidney Ponson | SP/RH | | | Richie Sexson | 1B | |
| Arbitration-Eligible | Pos. | Status | | Brian Bruney | RP/RH | Re-signed ($1.25 mil, 1 year) | | Melky Cabrera | CF | Re-signed ($1.4 mil, 1 year) | | Xavier Nady | RF | Re-signed ($6.65 mil, 1 year) | | Chien-Ming Wang | SP/RH | Re-signed ($5 mil, 1 year) |
| Acquired | Pos. | Status | | Doug Bernier | 2B | Signed (minor league deal) | | A.J. Burnett | SP/RH | Signed ($82.5M mil, 5 years) | | Kevin Cash | C | Signed (minor league deal) | | Jason Johnson | SP/RH | Signed (minor league deal) | | Justin Leone | 3B | Signed (minor league deal) | | Todd Linden | OF | Signed (minor league deal) | | John Rodriguez | OF | Signed (minor league deal) | | CC Sabathia | SP/LH | Signed ($160 mil, 7 years) | | Nick Swisher | INF/OF | Traded from CHW | | Mark Teixeira | 1B | Signed ($180 mil, 8 years) | | Kanekoa Texeira | RP/RH | Traded from CHW (minor leaguer) | | Brett Tomko | SP/RH | Signed (minor league deal) |
| Departed | Pos. | Status | | Bobby Abreu | RF | Signed with LAA ($5 mil, 1 year) | | Wilson Betemit | INF | Traded to CHW | | Chris Britton | RP/RH | Signed with SD (minor league deal) | | Justin Christian | LF | Signed with BAL (minor league deal) | | Morgan Ensberg | 3B | Signed with TB (minor league deal) | | Jason Giambi | 1B | Signed with OAK ($5.25 mil, 1 year) | | Jeff Marquez | SP/RH | Traded to CHW (minor leaguer) | | Chad Moeller | C | Signed with BAL (minor league deal) | | Mike Mussina | RP/RH | Retired | | Jhonny Nunez | RP/RH | Traded to CHW (minor leaguer) | | Carl Pavano | SP/RH | Signed with CLE ($1.5 mil, 1 year) | | Darrell Rasner | SP/RH | Signed in Japan | | Ivan Rodriguez | C | Signed with HOU ($1.5 mil, 1 year) | | Chris Stewart | C | Signed with CHW (minor league deal) | | Billy Traber | SP/LH | Signed with BOS (minor league deal) |
| Free Agents | Pos. | Status | | Jonny Gomes | OF | |
| Arbitration Eligible | Pos. | Status | | Willy Aybar | INF | Re-signed ($2.6 mil, 2 years) | | Grant Balfour | RP/RH | Re-signed ($1.4 mil, 1 year) | | Jason Bartlett | SS | Re-signed ($1.981 mil, 1 year) | | Gabe Gross | OF | Re-signed ($1.255 mil, 1 year) | | Dioner Navarro | C | Lost arbitration ($2.1 mil) |
| Acquired | Pos. | Status | | Winston Abreu | RP/RH | Signed (minor league deal) | | Pat Burrell | LF | Signed ($16 mil, 2 years) | | Jason Childers | RP/RH | Signed (minor league deal) | | Randy Choate | RP/LH | Signed (minor league deal) | | Lance Cormier | RP/RH | Signed (minor league deal) | | Julio DePaula | RP/RH | Signed (minor league deal) | | Morgan Ensberg | 3B | Signed (minor league deal) | | Jason Isringhausen | RP/RH | Signed (minor league deal) | | Matt Joyce | LF | Traded from DET | | Gabe Kapler | OF | Signed ($1 mil, 1 year) | | Adam Kennedy | 2B | Signed (minor league deal) | | Joe Nelson | RP/RH | Signed ($1.3 mil, 1 year) | | Ray Olmedo | INF | Signed (minor league deal) | | Ray Sadler | OF | Signed (minor league deal) | | Brian Shouse | RP/LH | Signed (2 years) |
| Departed | Pos. | Status | | Rocco Baldelli | OF | Signed with BOS ($500 k, 1 year) | | Mike DiFelice | C | Retired | | Scott Dohmann | RP/RH | Signed in Japan | | Cliff Floyd | DH | Signed by SD ($750 k, 1 year) | | Nathan Haynes | RF | Signed with TEX (minor league deal) | | Eric Hinske | OF | Signed with PIT ($1.5 mil, 1 year) | | Edwin Jackson | SP/RH | Traded to DET | | Dan Johnson | 1B | Signed in Japan | | Trever Miller | RP/LH | Signed with STL (1 year) | | Jae-Kuk Ryu | SP/RH | Claimed off waivers by SD |
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