Winter Meetings, Day 3. What a day. Hopefully now the annoying "this offseason is boring" talk will die down. Here’s what happened.
- Joel Sherman of the New York Post broke the news around 3:30am CST: the Yankees reached an agreement with C.C. Sabathia. It’s a seven-year, $161MM deal with an opt-out clause after the first three years. The largest-ever deal for a pitcher by a long shot.
- The Mets continued to overhaul their bullpen by acquiring J.J. Putz in a three-team blockbuster.
- Only a physical separates the Indians and Kerry Wood from a two-year, $20MM deal.
- The Tigers acquired Edwin Jackson from the Rays for Matt Joyce.
- The Phillies were close to signing Chan Ho Park; they may use him as a starter. The Orioles reached an agreement with Cesar Izturis. The Royals inked Horacio Ramirez. The D’Backs re-signed Augie Ojeda.
- Click through to catch up on Jeremy Hermida, Brian Fuentes, Jake Peavy, Mark Teixeira, Rafael Furcal, Derek Lowe, A.J. Burnett, and Manny Ramirez. Teixeira and Burnett have huge offers in hand.
- The Phillies acquired Ronny Paulino for a minor league catcher.
- Roy Oswalt expressed a willingness to restructure his contract to allow the Astros to pursue a starting pitcher.
- The D’Backs made a one-year offer to Felipe Lopez.