1. What will the Reds do? Cincinnati has some of the most interesting potential trade chips in the game — fireballing closer Aroldis Chapman and sluggers Todd Frazier and Jay Bruce. If they make moves with all of them, they could be Nashville’s dominant newsmaker.
2. How do the Royals’ retool after a championship? Kansas City’s terrific winter last year, which saw them add pieces such as Kendrys Morales, Ryan Madson and Edinson Volquez, helped a team that had reached the 2014 World Series win it all in ’15. What do they do for an encore, especially with big free agents Madson, Gordon, Ben Zobrist, Alex Rios and Johnny Cueto potentially departing?
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3. Which big-time free agent outfielder signs first — Jason Heyward, Yoenis Cespedes or Justin Upton? Whoever it is could give the industry an idea of the price for the other two, plus guys such as Alex Gordon.
4. Will Darren O’Day sign and set off the relief market? Most consider this sidearmer the best bullpen option out there and if he finds a home, relievers could begin to move quickly off the board.
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5. Will James Shields be traded? The Padres righty delivered 200-plus innings for the ninth straight year and went 13-7 with a 3.91 ERA in 33 starts, so he’s an attractive rotation option. But he turns 34 this month and is due $65 million over the next three years. If he pitches well in 2016, he could trigger an opt-out clause in the contract.