- Righty Dustin McGowan and the Blue Jays have agreed on a contract extension, resulting in a 3yr/$4.1 million deal. The fragile pitcher celebrated with a trip to the DL for a foot injury that could keep him out until May. Ouch.
- The Brewers signed young catcher Jonathan Lucroy to a 5yr/$11 million extension. If Lucroy reaches Super 2 arbitration status – which is likely – the contract jumps to $13 million. It buys out his remaining non-arbitration year and all of his arbitration years.
- The Cubs and Red Sox finally, finally finished their dance of compensation, with Boston sending 19-year-old prospect Jair Bogaerts, brother of the organization’s top prospect, to Chicago. Of course, the drama continues, as (Not That) Chris Carpenter will require surgery to remove bone spurs, a condition that was apparently unknown before he was sent to Boston as compensation.
- Hours after the Astros released righty Livan Hernandez, Atlanta signed him to a 1yr/$750k deal. He is expected to play the spot starter/long man role out of the ‘pen.
- The Royals finally committed to left fielder Alex Gordon with a 4yr/$37.5 million contract, which includes a player option for 2016 that could bump it up to $50 million. Gordon is coming off of a career season, in which he won a Gold Glove and hit .303/.376/.502. He was due for free agency after the 2013 season.
- Lefty Cory Luebke and the Padres have agreed to a 3yr/$12 million deal with club options for 2016 and 2017. Luebke moved into the rotation last season and despite switching roles, still put up a 3.29 ERA/2.93 FIP with 9.92 K/9.
- The Mets and lefty Jonathon Niese are drawing very close to a five-year deal modeled on the one the Rangers gave to Derek Holland. That contract was worth $28.5 million with two option years, so it sounds like we can expect something similar for Niese, who posted a 4.40 ERA/3.36 FIP last season.
- Shortstop Asdrubal Cabrera and the Indians have agreed on a two-year extension that is supposedly worth $16.5 million, a steal for the club if Cabrera puts up anything like his 2011 All-Star season.
As always: to keep up with transaction news in real-time, check out MLB Trade Rumors, their Twitter account, and their Free Agent Tracker. Our regular-season coverage is coming your way, so stay tuned for baseball!