Bypassing his agent and making the deal himself, Rafael Palmeiro turns down a bigger offer from Baltimore and signs a five-year $45 million contract to stay with the Rangers.
Due the acquisition of All-Star catcher Mike Piazza, the Mets deal fan favorite Todd Hundley along with minor league pitcher Arnold Gooch to the Dodgers for outfielder Roger Cedeño and catcher Charles Johnson. The Mets then send Johnson to Baltimore to obtain closer Armando Benitez.
Free agent outfielder Otis Nixon is signed by the Atlanta Braves. The speedster Nixon was a starter for Atlanta from 1991 to 1993.
The Baltimore Orioles sign slugger Albert Belle to a five-year contract.
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