Sources close to Gordon Edes of ESPNBoston.com are saying that Roy Oswalt has elected to sign with the St. Louis Cardinals. The terms of the deal are unknown at this time.
Oswalt had received heavy interest from the Red Sox and Tigers, with the Tigers supposedly offering the right hander a one-year $10mm deal today that he turned down.
In 2011, Oswalt went 9-10 while posting a 3.69 era in 139 innings with the Phillies. He did average a career low with 6.0 strike outs per 9 innings and is coming off a series of injuries. Oswalt earned $16mm last season and made $1,777,777.78 for every win or $172,043,01 for every strikeout.
Image taken by Matthew Straubmuller and used under the Creative Common License Agreement.
The San Francisco Giants and pitcher Tim Lincecum have agreed to a two-year, $40.5 million contract extension which avoids an arbitration hearing for both sides, Hank Schulman of the San Francisco Chronicle reports.
Lincecum will earn $18MM in 2012 and $22MM in 2013 to go along with a $500K signing bonus. The deal also includes a limited no-trade clause that allows Lincecum to block a trade to a certain number of teams.
Image by SD Dirk under the Creative Commons License Agreement.
The Philadelphia Phillies have signed slugger Juan Pierre to a minor league deal which includes an invite to Spring Training, Jim Salisbury of CSNPhilly.com reports.
Pierre who is known for his speed on the base paths played for the White Sox last season and hit .279. He also had a career low (full season numbers) 27 stolen bases but almost matched his career in rbi’s (55) with 51.
Pierre made $8.5mm in the last year of a five-year deal he signed with the Dodgers back in November of 2006. He was eventually traded to the White Sox prior to the 2010 season.
Pierre will be competing for a backup outfield spot in Spring Training.
Just like Dan Wheeler’s deal with the Indians, the White Sox will not receive compensation for Pierre signing with the Phillies even though he is a Type B free agent because he signed a minor league deal.
Image taken by Keith Allison and used under the Creative Common License Agreement.
The San Francisco Giants have signed Ryan Theriot to a one year $1.25mm deal, Jon Heyman of CBS Sports reports. Theriot can also earn an additional $750k in incentives.
Theriot who played second and shortstop for the Cardinals last season, was acquired from the Dodgers in December 2010.
Last season he hit .271 in 442 at-bats and earned $3.3mm. That means Theriot earned $27.5k for every hit or $25k for every game he appeared in.
Image taken by Keith Allison and used under the Creative Common License Agreement.
The Houston Astros announced that they have signed Zach Duke to a minor league deal with an invite to Spring Training.
Last season with the Arizona Diamondbacks, Duke went 3-4 with a 4.93 era while averaging 3.8 k/9, his worst since 2007 with the Pirates(3.4 k/9).
The Diamondbacks acquired Duke from the Pirates in November of 2010.
Image taken by randomduck and used under the Creative Common License Agreement.
The San Francisco Giants have signed reliever Clay Hensley to a one-year deal, Henry Schulman of the San Francisco Chronicle reports.
Hensley will make a base salary of $750k with a possible $300k in incentives, but the deal is not guaranteed. This means that Hensley will have to earn a spot in the bullpen out of Spring Training.
Last year with the Marlins, Hensley posted a 5.19 era and 6.1 k/9 in 67 2/3 innings. Hensley also made $1.4mm last season.
Image taken by SD Dirk and used under the Creative Common License Agreement.
The Cleveland Indians have signed reliever Dan Wheeler to a minor-league deal, Alex Speier of WEEI.com reports.
Wheeler posted a 4.38 era and averaged 7 strikeouts per nine innings in 49 1/3 innings for Boston last season.
Wheeler made $3mm last season and became a free agent when Boston declined his $3mm team option for 2012.
Speier also notes that the Red Sox will not receive compensation for Wheeler signing with the Indians even though he is a type B free agent because he signed a minor league deal.
Image taken by Keith Allison and used under the Creative Common License Agreement.
Left-handed pitcher and Cuban native, Gerardo Conception, is close to signing with a Major League team, Enrique Rojas of ESPNDeports.com reports. It was reported earlier this week by Jesse Sanchez of MLB.com that the 18-year–old free agent worked out in front of the Texas Rangers.
The New York Yankees, Chicago White Sox, Miami Marlins, Philadelphia Phillies, San Francisco Giants, Toronto Blue Jays, Boston Red Sox and Kansas City Royals have also shown interest.
“Everything is great. I really don’t know how to describe it,” Concepcion, 18, said by phone from the Dominican Republic. “All the training and exercise I have done is paying off. I’ve worked so hard to get here. I’m so happy. It’s like a dream come true.”
Image by Scott Marlowe under the Creative Commons License.



