What happened: Major League Baseball general managers departed Las Vegas on Thursday following discussions centered on Tarik Skubal's offseason market, per Nightengale. Front offices evaluated trade possibilities and long-term contract parameters for the left-hander as winter business opened.

Why it matters: The ace commands contract projections of up to $400 million after six clubs scheduled preliminary meetings to gauge acquisition costs. Any movement or extension involving Skubal will establish the financial benchmark for starting pitching throughout the 2027 offseason.

What to watch: Front offices will reconvene for in-person negotiations at the Winter Meetings in December, where formal trade proposals and contract offers are expected to accelerate.