World Series champs, the Philadelphia Phillies have reached an agreement with free-agent outfielder Raul Ibanez. The deal is worth $30 M over three years. Ibanez will replace the void left by the departing Pat Burrell, the deal also sets a watermark for any contract offers that may come Burrell’s way.
Kerry Wood and the Cleveland Indians put the finishing touches on a two-year deal for the former Cubs closer. Wood will command a touch more than $10,000,000 per season, not bad for a lifetime disabled list loiterer.
The New York Yankees officially welcomed A.J. Burnett to their starting rotation, and I officially raised my middle finger to both Burnett and the Yankees.