Analyzing every MLB free agent...

Baseball's hot stove is on fire. The Winter Meetings in San Diego are in full swing, with MLB teams making moves, signing free agents, and setting the framework for the 2023 season.

Let's go through all of the MLB free-agent deals and see whether they made sense for both the franchise and the player.

Philadelphia Phillies add pitcher Taijuan Walker for four years, $72 million

Pitchers are still getting paid well this winter, thanks to the pennant-winning Phillies. Not willing to rest on their laurels in the position-player market, they signed Trea Turner, the first of four large shortstops, on Monday, and Taijuan Walker, a four-year deal reportedly for $72 million, on Tuesday.

San Francisco Giants sign outfielder Mitch Haniger to three-year, $43.5 million deal

The Giants, who are allegedly interested in Aaron Judge, signed a different outfielder on Tuesday. Haniger, a strong but injury-prone outfielder, will join the team on a three-year contract.

Is it appropriate for Haniger? Haniger, a native of the Bay Area, joined a competitive squad with a recent track record of success with power-first hitters. The team installed gates at Oracle Park prior to 2020, and the park has become more hitter-friendly since then, but it remains a difficult location for righties like Haniger to smash home runs. Most importantly, he requires greater health luck. Because Pederson is on the roster, Haniger will not have exclusive usage of the designated hitter spot, but he should get some time there.

Texas Rangers sign starting pitcher Andrew Heaney to two-year, $25 million deal

Big strikeout potential, but also big injury risk? The Rangers have arrived. Texas placed a modest risk on Heaney after making a huge splash with Jacob deGrom, a left-handed starter who showed tremendous strikeout potential after refining his slider with the Los Angeles Dodgers. However, he only pitched 722 innings in 2022 and struggled to restrict home runs. According to ESPN's Alden Gonzalez, the agreement contains an opt-out after 2023 and incentives that may boost the total worth to $37 million.

Is it a good move for the Rangers? In terms of sheer value, Heaney appears to be more cheap than the other enticing starts on the market. Things are a little problematic in terms of the Rangers' plans.They certainly needed to add real upside to a rotation that had previously been led by Martin Perez and Jon Gray, but planning for deGrom and Heaney to be two-fifths of your 2023 rotation feels a little like asking for two-fifths of your rotation to be shuttled in from Triple-A for significant swaths of the season. Perhaps the Rangers will simply keep investing and bulking up in order to be less reliant on Heaney's health. But, for the time being, it appears to be tempting fate.

Is it a good move for the Phillies? When asked what the Phillies' back end might use to bolster internal possibilities, manager Rob Thomson said Tuesday, "I believe if we acquire one, that would be plenty." And even if we don't receive one, I believe we'll be fine... However, I believe one would enough."

Cleveland Guardians sign first baseman Josh Bell to two-year, $33 million deal

Bell bounced from Pittsburgh to Washington to San Diego over the last three seasons, and his productivity was as erratic. In 2020, he was below replacement level with the Pirates, with a very high strikeout rate. He got back on track with Washington, but floundered after being traded to San Diego at the deadline, batting.192 the rest of the way. He arrives in Cleveland hoping to find some consistency, and if he does, he will almost certainly use an opt-out clause after 2023.

Minimal is, of course, subjective. Bell has showed the ability to have big homer seasons, although his most recent season as a first baseman saw him hit 17 in 156 games. FanGraphs' Steamer projection system expects a.440 slugging percentage for him in 2023, which isn't noteworthy for a hitter at his position and is unlikely to shift the needle for a Cleveland lineup yearning for a serious danger to complement Jose Ramirez. This move is on brand, but in a negative sense.

Chicago Cubs reportedly sign outfielder Cody Bellinger to one-year, $17.5 million deal

If there is a Cody Bellinger comeback tour, it will start at Wrigley Field. The former NL MVP has signed with the Chicago Cubs, according to ESPN's Jeff Passan. According to Jorge Castillo of the Los Angeles Times, the contract is technically for $12 million in 2023, with a 2024 mutual option with a $5.5 million buyout, guaranteeing Bellinger $17.5 million.