We are just a month into the 2014-15 MLB offseason, but there have already been a number of significant signings around the league, as the free-agent market has developed quicker than in years past.

The position player market in particular has been busy, as Russell Martin, Pablo Sandoval, Hanley Ramirez, Yasmany Tomas, Adam LaRoche and Michael Cuddyer have all found new homes, while Victor Martinez re-signed with the Detroit Tigers.

The pitching side of things is still waiting on the first big chip to fall, likely Jon Lester, before the market really lines up for the rest of the available arms.

There is undoubtedly still a lot to be sorted out between now and Opening Day, but with so much action over the past few weeks, this seemed like an appropriate time for an updated look at the league in power-rankings form.

While the last version of MLB power rankings we put out was a wrap-up of the 2014 season and reflected how each team performed this past year, the rankings that follow turn an eye to the upcoming 2015 season.

As a result, teams are ranked as if the season were to start today with the rosters they currently have.

So while the Boston Red Sox made a pair of splash signings on the offensive side of things, they still didn’t shoot up the rankings because of the significant questions in their starting rotation.

A team like the Chicago Cubs that is expected to make a significant addition or two was not ranked based on what the roster could potentially look like, but on what it looks like right now.

Expect plenty of shuffling in these rankings between now and Opening Day, as more free agents find new homes and more blockbuster trades are made, but here is a look at how all 30 teams stack up at this very moment.

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