Day In Review: 12/8/10

Wednesday was another typically busy day in Orlando at the Winter Meetings. Let's run down the most noteworthy news and rumors since yesterday's Day in Review post….

• The Red Sox struck again, agreeing to terms with Carl Crawford on a seven-year, $142MM deal just days after acquiring Adrian Gonzalez. The news came as a surprise to many who viewed the Angels as the favorites to land Crawford, and it figures to create an interesting fallout. Early feedback on the signing has been mostly positive.
• Another ex-Ray, Carlos Pena officially signed with the Cubs.
• The Diamondbacks made a push for Paul Konerko, but the long-time White Sox first baseman ultimately agreed to re-sign with Chicago for three years and $37.5MM.
• The Yankees finally made a formal offer to Cliff Lee, proposing a six-year pact worth $140MM. Meanwhile, the Red Sox, who were attempting to drive up Lee's cost, were identified as one of the mystery teams who had made a seven-year bid on Lee, albeit at a reduced price. Here are the rest of Wednesday's Lee rumblings.
• The Rays and Twins decided to trade their starting shortstops, with Jason Bartlett heading to San Diego and J.J. Hardy on his way to Baltimore.
• There were also plenty of trade talks that didn't result in any deals – at least not yet. The Cubs pursued Matt Garza, the Rangers continued to listen on Michael Young, and the Marlins had a few discussions involving Ricky Nolasco, Leo Nunez, and Zack Greinke. Speaking of Greinke, here are the rest of Wednesday's rumors on him.
• The Royals reached agreements with a pair of former Braves, adding Jeff Francoeur and Melky Cabrera on one-year deals.
• Jack Cust will be the newest Mariner, agreeing to sign a one-year contract with Seattle. Could Miguel Olivo be next? The Mariners appear to have serious interest in the backstop.
• Although the Twins are still considered the front-runners for Carl Pavano's services, the Brewers dominated the day's Pavano rumors.
• Another intriguing free agent, Russell Martin, is fielding offers from multiple teams.
• A pair of NL East rivals agreed to sign left-handed relievers to similar deals: the Braves will pay George Sherrill $1.2MM for 2011, while Dennis Reyes' one-year contract with the Phillies guarantees him $1.25MM.
• Koji Uehara and the Orioles reached an agreement that will keep the right-hander in Baltimore for two years, if he stays healthy enough for the 2012 option to vest.
• Two National League teams added backup catchers, as Dioner Navarro agreed to terms with the Dodgers and Wil Nieves agreed to sign with Milwaukee.
• The Diamondbacks re-signed Mike Hampton and are close to adding Henry Blanco as well.
• On the heels of his best season since 2004, Miguel Cairo received a multiyear guarantee, signing a two-year pact with the Reds.
• The Mets continued their offseason of affordable acquisitions, inking Boof Bonser to a minor league deal.