Week In Review: 5/13/12 – 5/19/12

Here's a look back at the week that was on MLBTR…

• The Giants signed Brad Penny to a minor league contract that would pay the right-hander a pro-rated portion of $500K while with the big league team. The Legacy Sports Group client will head to extended Spring Training next week and is considered a bullpen candidate.
• Free agent right-hander Roy Oswalt threw a bullpen session for the Phillies last week and auditioned for the Red Sox and Rangers earlier this week. Oswalt is also scheduled to throw for one additional unknown team and is expected to return to baseball within one month.
• The Mets are preparing to offer David Wright a long-term contract extension at some point this year, perhaps as soon as this summer.
• The Padres released Orlando Hudson after the former All-Star got off to a slow start at the plate and struggled defensively.
• After 14 MLB seasons, Kerry Wood's playing career has come to an end. In his final appearance on Friday, Wood recorded a strikeout against the lone batter he faced before leaving the game to a standing ovation from the Wrigley faithful.
• The Cardinals announced that they released left-handed reliever J.C. Romero after struggles with the longball plagued the veteran's start to the season.
• The Cubs signed right-handed reliever Mike MacDougal to a minor league deal with hopes that he can eventually help bolster the team's flailing bullpen.
• The Padres claimed left-hander Eric Stults off of waivers from the White Sox. The White Sox designated the 32-year-old for assignment earlier this week.
• The Cubs brought back catcher Koyie Hill, acquiring him from the Reds in exchange for cash considerations.
• The Athletics claimed left-hander Travis Blackley off of waivers from the Giants.
• The Red Sox sent left-hander Hunter Cervenka to the Cubs to complete the April 21 trade that sent Marlon Byrd and cash to Boston for Michael Bowden and a player to be named.
• The Orioles removed Dontrelle Willis from the restricted list and assigned him to Class-A Aberdeen, where he hopes to revive his once-promising career.
• The Angels announced that they replaced hitting coach Mickey Hatcher with Jim Eppard, who had been the hitting coach at Triple-A Salt Lake City.
• The Brewers signed right-hander Claudio Vargas to a minor league deal.
• The Phillies traded outfielder Rich Thompson to the Rays for outfielder Kyle Hudson. Both players have been playing in Triple-A this season.
• The Indians announced that they outrighted reliever Dan Wheeler to Triple-A Columbus after designating him for assignment last weekend.
• The Mets designated reliever D.J. Carrasco for assignment. 
• The Orioles signed outfielder Lew Ford to a minor league deal as Baltimore looks to establish outfield depth to help overcome various early season injuries.
• The Cardinals acquired infielder Jamie Romak from the Royals for cash considerations.
• The Yankees claimed infielder Matt Antonelli off of waivers from the Orioles.