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Luke Weaver has signed a one-year, $2 million contract with the Reds. (Source: Robert Murray on Twitter)

Fantasy Impact: Weaver had a 6.56 ERA in 35.2 innings between the Diamondbacks and Royals in 2022. He will have a chance to break into the Reds' starting rotation to start the 2023 season, although the downgrade in home ballpark doesn't make him an attractive fantasy target in upcoming drafts.

Andrew McCutchen has agreed to a one-year deal to return to the Pirates, pending a physical. (Source: Jason Mackey on Twitter)

Fantasy Impact: The 36-year-old will return to Pittsburgh where he spent his first nine seasons in the big leagues. This could be a best case scenario for McCutchen from a fantasy perspective, as he may end up in a near-everyday role especially if Bryan Reynolds is traded. McCutchen slashed .237/.316/.384 with 17 HRs and 69 RBI in 134 games last season with the Brewers.

Alfonso Rivas has signed a minor-league deal with the San Diego Padres. He has also received a non-roster invite to spring training. (Source: Jeff Sanders on Twitter)

Fantasy Impact: Rivas hit .235/.322/.307 with an 83 wRC+ in 101 games with the Cubs last season. He likely won't crack the Major League roster to start the season but could see an opportunity as a backup first baseman at some point.

P.J. Higgins has signed a minor-league deal with the Arizona Diamondbacks. He has a non-roster invite to spring training. (Source: Jon Heyman on Twitter)

Fantasy Impact: Higgins hit .229/.310/.383 with a 97 wRC+ in 74 games with the Cubs last season. With the Dbacks' acquisition of Gabriel Moreno alongside Carson Kelly, it might be tough for Higgins to crack the MLB roster to start the season.

Sandy Leon has agreed to a minor-league contract with the Texas Rangers. The deal includes an invite to major-league spring training. (Source: Ken Rosenthal on Twitter)

Fantasy Impact: Leon struggled last season in 34 games with the Guardians and Twins, slashing .169/.298/.211 with a 58 wRC+. He'll look to compete for a spot on the major-league roster, but is still likely to be behind both Jonah Heim and Mitch Garver on the depth chart.

The Los Angeles Dodgers acquired Miguel Rojas from the Miami Marlins in exchange for Jacob Amaya. (Source: Jim Bowden on Twitter )

Fantasy Impact: Rojas tenure with the Marlins ends after posting .236/.283/.323 with six home runs, nine stolen bases, and 36 RBI in 140 games last season. The Dodgers acquire another player that can play multiple positions and handle the bat at the plate.

Nelson Cruz is in agreement on a one-year deal with the San Diego Padres. (Source: Hector Gomez on Twitter)

Fantasy Impact: Cruz had a down year in 2022, having a wRC+ below 100 (85) for the first time since 2007. He'll likely platoon in the DH spot with Matt Carpenter, but there is potential for Cruz to be a valuable fantasy player if he can return to form in the powerful Padres lineup.

Zach Thompson has been traded to the Toronto Blue Jays for OF Chavez Young. RHP Junior Fernandez has been DFA'd by the Blue Jays to make room for Thompson. (Source: Toronto Blue Jays on Twitter)

Fantasy Impact: Thompson threw 121.2 innings for the Pirates in 2022, sporting a 5.18 ERA and a 90/46 K/BB ratio. He will join the Blue Jays bullpen and may serve as depth for the starting rotation in the event of an injury.

The Minnesota Twins and shortstop Carlos Correa have agreed upon a six-year, $200 million contract, according to ESPN's Jeff Passan. (Source: ESPN)

Fantasy Impact: The deal is still contingent upon the veteran infielder passing a physical, which isn't a given at this point. Nevertheless, this would be a massive move for the Twins and blow to Mets fans everywhere. The contract has a vesting option that can max out at $270 million.

Colin Moran has agreed to a minor-league deal with the Seattle Mariners. This deal includes an invite to major league camp. (Source: Kiley McDaniel on Twitter)

Fantasy Impact: Moran struggled in 2022 with the Reds, slashing .211/.305/.376 with an 86 wRC+. He'll get a chance to make the Mariners in Spring Training as a role player in a strong lineup.

Corey Dickerson and the Washington Nationals are in agreement on a one-year deal. (Source: Jon Heyman on Twitter )

Fantasy Impact: Dickerson slashed .267/.300/.399 with six home runs, and 36 RBI in 97 games with the Cardinals in 2022. The veteran outfielder joins the rebuilding Nationals on a major league deal and should compete for time at DH and the corner outfield spots.

Johnny Cueto has agreed to a deal with the Miami Marlins according to Jon Heyman. (Source: Jon Heyman on Twitter)

Fantasy Impact: Cueto is coming off of a 2022 season in which the right-hander posted a 1.23 WHIP and 3.35 ERA to go along with a 102/33 K/BB ratio in 158 1/3 innings pitched as a stable option at the back end of the Chicago White Sox rotation. Expect the veteran to fill the same role at the back end of the Miami rotation as an innings-eating option for a club with plenty of options at the top of the rotation going into the 2023 season. Terms of the deal have yet to be announced.

Brandon Belt has agreed to a one-year, $9.3 million deal with the Toronto Blue Jays according to Susan Slusser. (Source: Susan Slusser on Twitter)

Fantasy Impact: Belt is coming off a disappointing 2022 season in which the veteran first baseman struggled to a .213/.326/.350 slash line with just eight home runs and 23 runs batted in over 298 plate appearances before undergoing season-ending knee surgery in September. The 34-year-old offers an intriguing option from the left side of the plate for a mostly right-handed Toronto lineup as the Blue Jays look to take a huge step after an early postseason exit last season.

Mike Moustakas has been released by the Cincinnati Reds. He was previously DFA'd on December 22nd. (Source: Cincinnati Reds on Twitter)

Fantasy Impact: Moustakas followed a tough 2021 season with another tough season in 2022, slashing .214/.295/.345 with 7 HRs and a 76 wRC+ in 78 games. His departure will leave more playing time available for infielders like Spencer Steer, Matt Reynolds, and Kevin Newman for the Reds to begin 2023.

Rafael Devers and the Boston Red Sox are finalizing an 11-year, $331 million contract extension. The deal is still pending a physical. (Source: Jeff Passan on Twitter)

Fantasy Impact: The Red Sox are finally able to lock down the 26-year-old superstar third baseman. He had what was likely his best season in 2022, slashing .295/.358/.521 with 27 HRs and a 141 wRC+. He should continue to be the centerpiece of the Red Sox offense and a top-tier hitter in fantasy for many years to come.

The Milwaukee Brewers acquired Bryse Wilson from the Pittsburgh Pirates. (Source: Milwaukee Brewers on Twitter)

Fantasy Impact: Wilson was designated for assignment by the Pirates back on December 28. He posted a 5.52 ERA last season across 20 starts and 25 total appearances.

The Diamondbacks have reportedly re-signed Zach Davies to a one-year deal. (Source: Jon Heyman on Twitter)

Fantasy Impact: It's a one-year deal worth $5 million with $3 million in incentives. He posted a 4.09 ERA last season with Arizona across 27 starts. He'll likely fill a spot at the end of the Diamondbacks rotation.

Eric Hosmer is reportedly in agreement with the Cubs. (Source: Jesse Rogers on Twitter)

Fantasy Impact: Jon Heyman mentioned on Tuesday the Cubs and Hosmer were close to a deal. He hit .268 last season playing with the Padres and Red Sox. Hosmer will likely find himself in the middle of the Cubs lineup.

Ryan O'Hearn was traded to the Orioles for cash considerations Tuesday. (Source: Royals on Twitter)

Fantasy Impact: O'Hearn was recently designated for assignment by the Royals. The Orioles acquire another left-handed bat that can provide depth at first base and their corner outfield spots. The 29-year-old slashed .239/.290/.321 with one home run and 16 runs batted in over 67 games with the Royals last season.

Dominic Smith and the Washington Nationals have agreed to a one-year contract.

Fantasy Impact: Smith is likely going to play first base on a rebuilding Nationals team. Smith struggled with the Mets last season, slashing .194/.276/.284 with 17 runs batted in over 58 games. The Nationals will likely give Smith plenty of opportunities to re-find his power stroke in 2023.