The Hot Stove was relatively cold last week at the Baseball Winter Meetings, but on the Monday after the meetings, things have kicked into high gear. Here’s what’s happening today, and what’s on the radar:
Angels Reach Agreement for Matsui
According to Jayson Stark of ESPN, The LA Angels have been in serious discussions with Arn Tellem for World Series MVP Hideki Matsui to serve as DH. Buster Olney reported via Twitter earlier today that the offer is reportedly for one-year, $6.5 million. Now, Tyler Kepner confirms via Twitter that an agreement has been reached. If the Matsui deal is completed, it would mark the end of the Vladimir Guerrero era with the Angels.
Halladay, Lee Involved In 3-Way Deal with Phillies, Mariners, and Jays
Last season, the Phillies were working to land pitching ace Roy Halladay from the Blue Jays. J.P Ricciardi nixed that deal, so the Phillies went after the Indians’ Cliff Lee. The deal turned out well for the Phillies, who got solid work out of the starter. Now, the Phillies will get the starter they wanted in the first place.
According to Rosenthal and Morosi of FOXSports.com, the three-way deal will send Halladay to the Phillies, Lee to the Mariners. The Mariners will send Phillipe Aumont — a Canadian right-hander — to Toronto, and “outfielder Michael Saunders and right-hander Brandon Morrow were also among the Seattle prospects in play.” It’s not clear how many total players the Mariners will throw into the deal to complete it. Rob Maaddi of The AP is reporting that Halladay is in Philadelphia for a physical to complete the deal.
Red Sox, Lackey Agree On 5-Year/$85 Million Deal
Jon Heyman of SI.com is reporting that the Red Sox have offered top free agent pitcher John Lackey a deal worth five years, $85 million. That deal would be inline with the 5/$82.5 million deal that A.J. Burnett got last year from the Yankees.
Lackey ranked 11th in the AL in ERA, 14th by WHIP, and 18th by BAA.
Rosenthal reports that Lackey has had his physical.
The Red Sox rarely give 5-year deals, especially for pitchers. It will be interesting to see how the deal plays out.
$29.75M Deal for Randy Wolf Completed by Brewers
The three-year, $29.75 million deal between Randy Wolf and the Brewers has been completed, according to Colin Fly of The AP. The contract details involve $9.25 million next year and $9.5 million in each of the following two seasons. The deal includes a $10 million club option for 2013 with a $1.5 million buyout. He can make an additional $250,000 a year in performance bonuses: $125,000 each for 190 and 200 innings. He has a limited no-trade clause and would get $250,000 each time he’s dealt.
In other news…
According to MLB.com, the Brewers plan to resign Claudio Vargas.
Alyson Footer reports via Twitter that the Astros have resigned Jason Michaels to a one-year, $800,000 contract, with a club option for ‘11
Tom Hardicourt tweets that the Brewers have signed Craig Counsell to a one-year deal with Brewers pays $2.1 million with another $500,000 in incentives for games played.
The AP reports that the Nationals and LHP Scott Olsen have reached a one-year deal for $1 million. The contract includes performance bonuses that allow Olsen to earn a total of $3,825,000 if he makes 33 starts next year.
Jorge Arangure of ESPN reports via Twitter that the Blue Jays have signed Ramon Castro to a one year deal worth near $1m
Maury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is available for hire or freelance. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.
Don't forget to register and log in on The Biz of Baseball site to get updates via your in-box, and see information only logged in members can see.
Follow Maury Brown on Twitter
Follow The Biz of Baseball on Twitter
Follow the Business of Sports Network on Facebook