The Pirates placed Peguero on outright waivers Tuesday, Danny Demilio of PittsburghBaseballNow.com reports.

Peguero will lose his place on the 40-man roster after appearing in just 33 MLB games in 2025, during which he slashed .200/.273/.363 over 88 plate appearances. If the 24-year-old passes through waivers unclaimed, he will most likely begin the 2026 season at Triple-A Indianapolis.

Contreras underwent a minor procedure on his fractured left middle finger Tuesday, Adam McCalvy of MLB.com reports.

General manager Matt Arnold said Contreras is roughly 5-to-6 weeks away from resuming baseball activity, so his surgery isn't expected to affect Contreras' availability for the start of the 2026 season. The 27-year-old backstop also had his $12 million club option declined Tuesday after posting a .754 OPS in the regular season -- his worst as a Brewer. However, he will remain under team control as an arbitration-eligible player.

The Pirates placed Bae on waivers Tuesday, Danny Demilio of PittsburghBaseballNow.com reports.

Bae spent nearly all of 2025 at Triple-A Indianapolis, where he slashed .292/.380/.424 with 21 RBI, 55 runs scored and 23 steals over 67 games. Any club interested in adding the 26-year-old to its 40-man roster will now have the opportunity to do so; otherwise, Bae will most likely report to Indianapolis to begin the 2026 campaign.

President of baseball operations Alex Anthopoulos said Tuesday that Atlanta will pick up Albies' (hand) $7 million club option for 2026, Mark Zinno of 92.9 The Game reports.

Albies endured one of the worst offensive seasons of his career in 2025, slashing just .240/.306/.365 with 16 homers, 74 RBI and 14 stolen bases across 667 plate appearances. He also suffered a fracture in his left hand toward the end of the season. Despite the infielder's hardships, Atlanta will stand pat with its commitment to Albies at the keystone rather than pay him the $4 million buyout he would have been owed.

The Brewers declined Contreras' $12 million option for 2026.

Contreras will receive a $100,000 buyout instead, and he remains under team control for 2026 and 2027 as an arbitration-eligible player. The catcher slashed .260/.355/.399 with 17 home runs over 150 regular-season games for the Brewers in 2025. Contreras was scheduled to visit a hand specialist last week to determine whether he needs surgery to repair a fractured left middle finger, but there's no word on whether an operation is required. Even if he does have surgery, his availability for spring training is not expected to be in peril.

Darvish will miss the 2026 season following a right elbow UCL repair with an internal brace and flexor tendon surgery on Oct. 29.

Darvish has missed time each of the last three seasons with elbow issues, having been limited to 72 regular-season innings in 2025. It's unclear how long he's been pitching with UCL damage, but the decision was finally made to have surgery on the elbow. It's the second UCL repair for Darvish, who had Tommy John surgery in March 2015. Darvish turned 39 in August, but he intends to rehab and return to the Padres for the 2027 season.

The Mets re-signed Waddell to a one-year contract Tuesday.

Waddell held a 3.45 ERA and 22:11 K:BB over 31.1 innings for the Mets in 2025. He was used primarily as a starter this season at Triple-A Syracuse, where he posted a 5.02 ERA and 63:25 K:BB in 75.1 innings. Waddell does not have minor-league options remaining, so he would have to be passed through waivers in order to be sent to the minors if he doesn't make the Opening Day roster.

Herrera (elbow) will return to catcher next season but is not expected to do so in a full-time capacity, Katie Woo of The Athletic reports.

Herrera was the Cardinals' everyday designated hitter during the second half, but the plan is for him to return to catcher next season. However, while catcher is slated to be his primary position, it sounds like Herrera will still see lots of playing time in the DH slot. Jimmy Crooks is the favorite to pick up starts at catcher on days Herrera serves as the DH. Herrera underwent surgery last month to remove bone spurs from his right elbow, but he is expected to be ready for the start of spring training.

Crooks could split time at catcher for the Cardinals next season with Ivan Herrera, Katie Woo of The Athletic reports.

Herrera is slated to return to catcher in 2026 after serving as the team's primary designated hitter for the final few months of 2025. He is not expected to be used behind the plate full-time, though, leaving some reps at catcher open. Per Woo, that playing time is likelier to go to Crooks than Pedro Pages, who is a trade candidate. Crooks struggled in a cup of coffee with the Cardinals in 2025, going 6-for-45 with a 0:17 BB:K. However, the 24-year-old has been productive in the minors, having slashed .274/.337/.441 with 14 home runs last season at Triple-A Memphis.

Pages could be the odd man out at catcher for the Cardinals next season, Katie Woo of The Athletic reports.

Pages has led the team in starts behind the plate each of the last two seasons. However, the Cardinals plan to use a combination of Ivan Herrera and Jimmy Crooks at catcher next season, leaving Pages without a clear path to playing time. The 27-year-old has minor-league options remaining, but prospect Leonardo Bernal is expected to serve as the primary catcher at Triple-A Memphis in 2026. As a result, Pages could be a trade candidate this offseason.