As we gladly welcome pitchers and catchers reporting to camp in the coming days, let's take a look back at the week that was here at MLBTR…
- The Mariners and Felix Hernandez agreed to terms on a five-year, $135.5MM contract extension that will run from 2015-2019. The successful completion of the deal remains uncertain due to the condition of his throwing elbow. Hernandez will take a physical on Tuesday when he reports to Spring Training as workouts begin on Wednesday.
 - The Astros sent shortstop Jed Lowrie to the Athletics in a five-player trade. The Astros acquired first baseman Chris Carter, starting pitcher Brad Peacock and catching prospect Max Stassi from the A's in the deal, which sent right-handed reliever Fernando Rodriguez to Oakland along with Lowrie.
 - The Diamondbacks extended second baseman Aaron Hill through 2016 with a deal valued at $35MM.
 - The Giants avoided arbitration with closer Sergio Romo by agreeing to a two-year deal worth $9MM.
 - The Tigers avoided arbitration with right-hander Max Scherzer by agreeing on a one-year contract worth $6.725MM.
 - The Brewers signed free agent shortstop Alex Gonzalez to a one-year, Major League contract worth $1.5MM plus $1MM in incentives.
 - The Rays signed second baseman Kelly Johnson to a one-year deal worth $2.45MM.
 - The Indians signed slugger Jason Giambi to a minor league contract with an invitation to MLB Spring Training.
 - The Rays signed free agent reliever Kyle Farnsworth to a one-year, Major League contract worth $1.25MM with a chance to double his salary through incentives.
 - The Rays designated Reid Brignac and Elliot Johnson for assignment to clear roster space for Kyle Farnsworth and Kelly Johnson.
 - Francisco Liriano's deal with the Pirates became official after the left-hander passed his physical with the organization.
 - The Angels finalized their two-year, $8.975MM contract with Alberto Callaspo.
 - The Mariners signed Jon Garland to a minor league contract with an invitation to MLB Spring Training.
 - The Orioles avoided arbitration with Jason Hammel by agreeing to a one-year deal worth $6.75MM.
 - The Orioles and closer Jim Johnson avoided arbitration with a one-year contract for $6.5MM.
 - The Cardinals agreed to a one-year deal with David Freese worth $3.15MM, avoiding arbitration.
 - The Mariners agreed to a one-year deal worth $6.5MM plus $1MM in incentives with free agent left-hander Joe Saunders.
 - The Mets signed free agent right-hander Brandon Lyon to a one-year contract with a base salary between $750K to $900K.
 - The Dodgers agreed to sign right-handed reliever Mark Lowe to a minor league deal that includes an invitation to MLB Spring Training.
 - The Mariners designated right-hander Shawn Kelley for assignment. The move creates roster space for Kelly Shoppach, whose one-year deal is now official.
 - The Indians avoided arbitration with Mike Aviles, agreeing to a two-year contract worth $6MM.
 - The Rays designated Dane De La Rosa for assignment to create room on the 40-man roster for Luke Scott after his one-year, $2.75MM deal was finalized.
 - The Padres designated infielder Jeudy Valdez for assignment to allow the club to make room for Fautino De Los Santos, who was claimed off of waivers.
 - The Mets signed outfielders Corey Patterson and Mike Wilson to minor league deals.
 - Left-hander Jonathan Sanchez signed a minor league contract with the Pirates that includes an invitation to MLB Spring Training.
 - The Marlins signed free agent right-hander Jon Rauch to a one-year deal worth $1MM plus up to $750K in incentives.
 - The Nationals signed right-hander Jeremy Accardo to a minor league contract that includes an invitation to MLB Spring Training.
 - The Yankees agreed to sign Juan Rivera to a minor league deal worth $1.2MM plus up to $800K in incentives.
 - Ramon Ramirez signed a minor league contract with the Giants that includes an invitation to MLB Spring Training.
 - The Nationals agreed to sign catcher Chris Snyder to a minor league deal with an invitation to MLB Spring Training.
 - Former National League Cy Young winner Brandon Webb retired from baseball after injuries curtailed his career.
 
