11:24pm: Bruce Levine of ESPNChicago.com says the Cubs will announce the signing of Jaramillo tomorrow. The Cubs paid up for the hitting coach's services - three years, $2.42MM.
6:01pm: SI.com's Jon Heyman discusses a variety of hot stove topics in his latest column and in an appearance on WFAN, which Matthew Cerrone of MetsBlog summarizes. Here are a few of Heyman's main points....
- The Mets will be the main player for Matt Holliday, with the Giants and Braves in the mix as well. In addition to the Cardinals, the Red Sox and Yankees are also contenders for the star outfielder.
- Rather than make a run at Roy Halladay, the Mets may be more inclined to sign free agents and keep their top prospects.
- Intermin manager Jim Riggleman is the favorite to manage the Washington Nationals in 2010.
- The Mariners' management is glad that Kenji Johjima opted out of his deal, since they "never thought much of him as a player." That's Heyman's quote, not anything from the team.
- Rudy Jaramillo, who seems likely to become the Cubs' hitting coach, has had success working with Alfonso Soriano in the past. Heyman hears that Jaramillo will sign a multi-year deal with Chicago that will make him the highest-paid hitting coach in the league.