The New York Yankees have some tough financial decisions ahead this winter, and one of the more intriguing calls involves reliever Devin Williams. After an uneven 2025 campaign, the front office faces a choice: offer Williams a one-year qualifying offer worth around $21 million for the 2026 season or risk letting him walk for nothing.

That figure might sound steep for a relief pitcher coming off an inconsistent year, but context matters — and so does upside.

A season of peaks and valleys

Williams was one of the Yankees’ big midseason acquisitions, arriving from the Milwaukee Brewers in exchange for Nestor Cortes and infield prospect Caleb Durbin, who went on to become a solid contributor for Milwaukee. At the time, the Yankees were desperate to stabilize a bullpen that had worn down thr

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