Indians Sign Carl Pavano

2:21pm: Crasnick says the Indians signed Pavano to a one-year deal.  He gets $1.5MM guaranteed plus another $5.3MM in possible incentives, according to Troy RenckAnthony Castrovince says Michael Aubrey was designated for assignment to make room.

12:40pm:’s Joe Frisaro says Pavano "has also been weighing a possible return to the Marlins," but the Indians are the "clear frontrunner."

12:30pm: ESPN’s Jerry Crasnick says the Indians "have emerged as a strong candidate" to sign Pavano.  He may seek a contract similar to Hampton’s.

11:03am: According to ESPN’s Buster Olney, the Indians are in serious discussions with free agent starter Carl Pavano.  Pavano will visit Cleveland soon and a deal could be wrapped up quickly.  We’ll have to see if Pavano can come close to the $2MM guaranteed Mike Hampton received from the Astros.

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