As the Winter Meetings draw to a close, here's what we know about Manny Machado's closely watched free agency.

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Free-agent reliever Joe Kelly agreed to a three-year contract with the Dodgers worth $25 million, a source confirmed to MLB.com's Mark Feinsand.

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Raised from his teenage years in the Mets organization, Jeurys Familia has long professed his love for the city and the team. He now has plenty of time to grow reacquainted. To fortify their bullpen, the Mets reacquired one of their own late Wednesday night, signing Familia to a three-year contract worth $30 million.

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See which players are set to hit free agency during the 2018-19 offseason, including Bryce Harper and Manny Machado.

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It's Hot Stove season, and MLB.com is keeping track of all the latest free agent and trade rumors right here.

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To help keep track of all the prospects who have been traded since the offseason began, here is a running tally of those on club Top 30 lists who have changed hands.

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With five arms having come off the market over the last week, teams looking for rotation help have limited free-agent options. Dallas Keuchel is the top starter available, followed by Japanese star Yusei Kikuchi, while the road to the trade market still goes through Cleveland, where Corey Kluber and Trevor Bauer remain up for grabs.

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Echoing the new front office's desire to leave everything on the table, Giants manager Bruce Bochy said on Wednesday that he'll be open to using players in non-traditional roles to get the most out of his roster in 2019. That includes a willingness to experiment with openers.

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Here's a roundup of the biggest news out of Day 3 of the Winter Meetings for all 30 MLB clubs.

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Every year, the Winter Meetings unofficially conclude with the Rule 5 Draft, and recent history shows that many of the players selected are coming to a big league stadium near you next season.

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The Phillies prioritized free-agent left-handers Patrick Corbin and J.A. Happ to boost their rotation this offseason, but Corbin last week signed a six-year, $140 million contract with the Nationals and Happ agreed to a two-year contract with a vesting option for 2021 with the Yankees. The Phillies never considered a six-year offer for Corbin. It is unclear if they offered five. The Phillies never offered more than two guaranteed years for Happ, who turned 36 in October. It is unclear if they included a third-year option, but whatever they offered, it appears it was not enough.

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A.J. Pollock has missed a considerable amount of time with injuries during his career, but he offers a well-rounded skill set and is sure to be a top free-agent target for clubs in need of outfield help this offseason. Here, you will find a list of the latest news and rumors surrounding the veteran center fielder.

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A source told MLB.com on Tuesday that the Phillies and Andrew McCutchen have reached an agreement on a three-year contract, pending a physical.

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Is this the start of a Tanner takeover?

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At this early stage, it's impossible to tell if the Mets will be able to hammer out a long-term contract extension with Jacob deGrom. But they're at least going to try.

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While the Cardinals seem unlikely to leave Las Vegas with any seismic shakeup to their 40-man roster, the club continues to consider ways in which it could leverage its most consistent offensive performer from last year into a way to address other needs.

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D-backs GM Mike Hazen knows that after the trade of a franchise-player like Paul Goldschmidt, the expectation was that his team was going to undergo a full rebuild.

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Kris Bryant made his way through Mandalay Bay on Wednesday afternoon, took an elevator to the upper tier of the Delano Hotel and swung by the Cubs' suite. The visit was planned, but it was more about the team checking in on Bryant's offseason than Bryant asking about the team's roster plans.

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Over the years, agent Scott Boras and the Orioles have routinely met during the Winter Meetings, often using the annual gathering to lay the groundwork for deals with some of Boras' most prominent clients. This week, the two sides again convened to discuss one of those clients. But the nature of this year's talks centered on a deal that was struck some time ago.

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A day after Brandon Hyde emerged as the Orioles' reported managerial hire, the baseball world remained abuzz with speculation over whether or not he in fact will be. The Orioles have not confirmed the reports, with executive vice president and general manager Mike Elias calling them "premature."

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The Rangers reached an agreement with right-hander Lance Lynn on a three-year, $30 million contract on Wednesday, according to Major League sources. The deal has yet to be announced by the club.

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Why would the White Sox be an ideal destination for a marquee free agent like Bryce Harper? Look to Chicago's promise and potential for the answer.

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Manny Machado is scheduled to visit the Phillies next week in Philadelphia. The organization still wants Machado to be its third baseman. Sources maintain the Phillies prefer him over Bryce Harper.

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The Rockies' desire to improve their offense for a 2019 playoff push, while simultaneously maintaining a focus on a farm system-fueled future, has led to trade ideas. The Rockies are looking to deal primarily with the Mariners for Carlos Santana or with the Indians for Edwin Encarnacion.

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Manager Clint Hurdle believes there's untapped potential everywhere on the Pirates' roster, which is why he thinks Pittsburgh can contend in the loaded National League Central next season.

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The market for starting pitchers gained more clarity on Day 3 of the Winter Meetings, and while the Blue Jays were not involved in any of the transactions, the club does have some standing offers on the table.

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The Angels added insurance at first base on Wednesday, agreeing to terms with Justin Bour on a one-year deal for $2.5 million, according to a Major League source. Yahoo! Sports' Jeff Passan first reported the deal. The club hasn't confirmed the signing, as Bour must complete a physical.

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The Brewers scratched an item off their winter to-do list Wednesday by signing right-hander Jimmy Nelson to a $3.7 million contract, avoiding arbitration with a pitcher who missed all of last season while rehabbing from right shoulder surgery.

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Craig Kimbrel has compiled an impressive resume during his nine seasons in the big leagues, recording a microscopic 1.91 ERA with a 0.92 WHIP, 333 saves and a 14.7 K/9 rate, and he should be a coveted asset on the free-agent market this offseason. Here, you will find a list of the latest news and rumors surrounding the right-hander.

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When one looks at the division as a whole, the NL Central may be baseball's most complete in terms of competitiveness from top to bottom. The Brewers' task is to remain on top, but this winter, the plan for doing business is to remain patient.

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Kyler Murray's future was once again the subject du jour Wednesday, and the two-sport star offered a shred of clarity to his much talked about plans.

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The Dodgers' search for a catcher still could lead to a trade for Miami's J.T. Realmuto, and baseball sources indicated one or more additional teams could be involved in an expanded deal.

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Manny Machado has been one of the game's best players since debuting in 2012, and he is set to cash in as a first-time free agent this offseason. Here, you will find a list of the latest news and rumors surrounding the infielder.

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Well, they are the 'Evil Empire,' after all.

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Even if no deals have been completed over the past few days, the focus on the constant negotiating has left general manager Mike Chernoff and president of baseball operations Chris Antonetti feeling the same way: "Tired."

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The dude is everywhere.

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Having seen their talented young core prove to be advanced enough to win the National League East in 2018, the Braves understand signing Michael Brantley or paying the prospect price necessary to obtain one of the Tribe's starters may help counteract what their division rivals might gain from their additions in '19.

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After a frenetic past month of wheeling and dealing, Mariners general manager Jerry Dipoto has kept a low profile at the Mandalay Bay Resort & Casino this week, to the point where Dipoto wasn't even available Wednesday while staying in his room dealing with an illness.

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On and off for the past year, the Nationals have had discussions with third baseman Anthony Rendon about a potential contract extension. And on Wednesday, general manager Mike Rizzo once again expressed optimism about eventually getting a deal done with Rendon, who could become a free agent next winter.

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For the first time since 2013, the Pirates' Opening Day shortstop will be someone other than Jordy Mercer. General manager Neal Huntington is still looking for an upgrade as the Winter Meetings draw to a close, but he and manager Clint Hurdle continue to speak highly of recently acquired infielder Erik Gonzalez and rookie Kevin Newman.

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The Yankees are closing in on a three-year agreement that will keep left-hander J.A. Happ in pinstripes, a source told MLB.com on Wednesday.

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The Reds have acquired pitcher Tanner Roark from the Nationals for righty Tanner Rainey, the club announced Wednesday.

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In his first year as Angels manager, Brad Ausmus knows how important it will be to find the right balance of playing time for both Shohei Ohtani and Albert Pujols.

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After seven seasons with the Nationals in which he won the 2012 National League Rookie of the Year Award, was named NL MVP in 2015 and made six NL All-Star teams, Bryce Harper is now a free agent for the first time. Here, you will find a list of the latest news and rumors surrounding the outfielder.

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The Tigers agreed on a contract with free-agent shortstop Jordy Mercer on Wednesday, according to a report by MLB Network insider Jon Heyman.

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Each year at the Winter Meetings, the scouting industry gathers to celebrate some of their own at the Scout of the Year reception. The fact the recipients are chosen by their peers, scouts singling out other scouts, makes the honor even more special.

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With Edwin Diaz shipped to the Mets, the Mariners know replacing the hard-throwing righty won't be an overnight task.

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It's been a tough year for Byron Buxton and Miguel Sano -- and for those that hoped to see two key pieces of the Twins' young core continue to tap into their tantalizing potential.

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An impressive collection of talent has hit the open market, and players are now eligible to sign with any team. Here is a division-by-division breakdown of the key free agents for all 30 Major League clubs.

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After a seven-season tenure with the Astros that included a trio of 200-inning seasons, an American League Cy Young Award in 2015 and an overall 3.66 ERA, Dallas Keuchel is now a free agent. Here, you will find a list of the latest news and rumors surrounding the left-hander.

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Here is a list of some players who could be picked in the Major League phase of Thursday's Rule 5 Draft, which takes place at noon ET, with a live audio stream on MLB.com.

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One of the first questions one might wonder about the Royals' signing of Billy Hamilton this week is: Where will he hit in the lineup?

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No doubt, the Padres are justified in their excitement for Fernando Tatis Jr. and Luis Urias. They're the top-ranked prospects at shortstop and second base, respectively, according to MLB Pipeline, and they're expected to man the middle of the diamond at Petco Park for a long time.

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Free-agent right-hander Charlie Morton is wrapping up a two-year, $30 million deal with the Rays, according to multiple people familiar with the negotiations. The contract will be finalized once Morton passes a physical.

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It's wild out there.

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It's no secret that the Indians' clubhouse could look drastically different in 2019 than it did the year before. With a handful of core players on the market as free agents and potential trades looming, manager Terry Francona believes maintaining the culture the team has built in that room falls on his shoulders.

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Get ready for some "game-winning RBI" discussion.

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Tigers manager Ron Gardenhire began his media session at baseball's Winter Meetings on Wednesday by saying he's open to the idea of using an "opener" as part of his pitching rotation.

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With president of baseball operations John Mozeliak noting last week that it's "highly probable" the club's eight starting position players are already on the Cardinals' roster, the task now falls on manager Mike Shildt to put those pieces in place.

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Although he is approaching his 40s and spends most of his time at designated hitter these days, Cruz is still one of the top sluggers in the game and should draw plenty of interest on the free agent market this offseason. Here, you will find a list of the latest news and rumors surrounding the veteran.

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Marlins catcher J.T. Realmuto is one of this offseason's top trade candidates. Here, you will find a list of the latest news and rumors surrounding the 27-year-old backstop.

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The rivalry gets saucy.

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The late Al Helfer, whose longtime broadcasting work earned him the nickname "Mr. Radio Baseball," was named the winner of the 2019 Ford C. Frick Award on Wednesday by the Baseball Hall of Fame.

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J.T. Realmuto is an All-Star who may just be baseball's best catcher, and now it seems that the Marlins may need to make him available via trade.

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Last night, MLB Network's Ken Rosenthal did one of the most exciting things Ken Rosenthal can do: He filled up an entire fanbase with hope.

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Jim Callis answers questions regarding the best outfield prospects in the Minors, D-backs prospect Jazz Chisholm, Cardinals prospects and some of the top talent for the 2019 Draft.

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The Dodgers continue to shop their two highest-paid outfielders, Matt Kemp and Yasiel Puig, according to a source, with Winter Meetings rumors focusing on Puig because, well, he's Puig.

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The Orioles are expected to name Brandon Hyde their next manager, sources told MLB Network insider Ken Rosenthal on Tuesday night.

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Mets general manager Brodie Van Wagenen insists that even with those players he is pursuing most ardently, there is "a walkaway point" he will not cross -- a point in which a potential deal stops making sense for the Mets. He's just not there yet with J.T. Realmuto.

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Reds executives have been reaching out to many clubs and agents to potentially make acquisitions during the Winter Meetings. On Tuesday, two of the names of players on Cincinnati's radar appeared to be Yasiel Puig of the Dodgers and Ender Inciarte from the Braves.

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Aaron Judge created a stir this past spring when he told Manny Machado that he would "look good in pinstripes." The Yankees' decision-makers are about to have an opportunity to relay that sentiment to the slugger's face.

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Zach Britton has emerged as one of the best relief pitchers in baseball since converting to the bullpen full-time in 2014, registering a 1.82 ERA with a 1.04 WHIP, an 8.7 K/9 mark and 142 saves in that span, all of which makes him an enticing late-inning arm in free agency this offseason.

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The perils of sitting courtside.

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The Blue Jays announced the release of shortstop Troy Tulowitzki on Tuesday.

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Straight heat.

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The Winter Meetings are often the setting in which baseball's Hot Stove activity escalates, and they could be especially enthralling this year. The Meetings officially begin Monday at Las Vegas' Mandalay Bay Resort & Casino, and the availability of Bryce Harper and Manny Machado -- two 26-year-old free agents capable of commanding record free-agents contracts -- raises the stakes in a city known for such action. Before we find out if the Harper and Machado markets will start to sizzle in Sin City, here's a trip down memory lane to look at the biggest free-agent deals in Winter Meetings history.

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As the Hot Stove season rolls along, fantasy drafts are right around the corner, and MLB.com is here to help you do some early prep. Here, you'll find MLB.com's list of the top 300 fantasy players for 2019, with stat projections courtesy of Steamer.

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The Rule 5 Draft is older than the World Series, but it has changed considerably over the years. Because the Rule 5 is a somewhat complicated affair, here is a look at how it works, as well as how it has evolved over time.

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Here is a look at some of the biggest swaps in Winter Meetings history, featuring a multitude of Hall of Famers and Hall of Famers-to-be.