Mike Lowell and the Red Sox finalize a $37.5 million, three-year contract. The 33 year-old third baseman, who was the World Series MVP, had been seeking a four-year deal but chose to stay with the World Champions despite longer and more lucrative offers.

Mike Lowell and the Red Sox finalize a $37.5 million, three-year contract. The 33 year-old third baseman, who was the World Series MVP, had been seeking a four-year deal but chose to stay with the World Champions despite longer and more lucrative offers.

Phillies shortstop Jimmy Rollins wins the 2007 National League Most Valuable Player Award. Rollins is the first major league player with at least 200 hits, 30 homers, 15 triples and 25 stolen bases in a season and also won the Gold Glove Award. Rollins is the second straight Philadelphia Phillies player to be named MVP, following Ryan Howard in 2006. Rollins edges Matt Holliday of the Colorado Rockies in the closest vote in 16 years.

Phillies shortstop Jimmy Rollins wins the 2007 National League Most Valuable Player Award. Rollins is the first major league player with at least 200 hits, 30 homers, 15 triples and 25 stolen bases in a season and also won the Gold Glove Award. Rollins is the second straight Philadelphia Phillies player to be named MVP, following Ryan Howard in 2006. Rollins edges Matt Holliday of the Colorado Rockies in the closest vote in 16 years.

The Angels trade Orlando Cabrera (.301, 8, 86) to the White Sox in exchange for Jon Garland (10-13, 4.23). Many see this trade of their Gold Glove shortstop for a right-hander as a precursor of the pitching-rich Halos dealing a hurler for a big bat such as Miguel Cabrera or Miguel Tejada.

The Angels trade Orlando Cabrera (.301, 8, 86) to the White Sox in exchange for Jon Garland (10-13, 4.23). Many see this trade of their Gold Glove shortstop for a right-hander as a precursor of the pitching-rich Halos dealing a hurler for a big bat such as Miguel Cabrera or Miguel Tejada.

Alex Rodriguez wins his third American League Most Valuable Player Award

Alex Rodriguez wins his third American League Most Valuable Player Award

Alex Rodriguez (.314, 54, 156), receiving 26 out of 28 first place-votes cast by the BBWAA, wins his third American League Most Valuable Player Award, the second as a Yankee (2005). The 32 year-old A-Rod, presently in contract talks with the Bronx Bombers with a $275 million framework in place to keep the third baseman in New York until 2018, won his first MVP with the Rangers in 2003.

Scott Boras’s reputation takes another hit when free agent Kenny Rogers, formerly with the Tigers, informs big league teams that he has dismissed his agent and is now representing himself in contract talks. Earlier in the week, another client, Alex Rodriguez, reached out to the Yankees to start negotiations without his involvement.

Scott Boras’s reputation takes another hit when free agent Kenny Rogers, formerly with the Tigers, informs big league teams that he has dismissed his agent and is now representing himself in contract talks. Earlier in the week, another client, Alex Rodriguez, reached out to the Yankees to start negotiations without his involvement.

After a five-year departure to play for the Mets, Tom Glavine returns to the Braves, agreeing to an $8 million, one year deal. The 41 year-old southpaw, a two-time Cy Young winner with the team, left Atlanta in 2002 after negotiations as a free agent became acrimonious with team president Stan Kasten.

After a five-year departure to play for the Mets, Tom Glavine returns to the Braves, agreeing to an $8 million, one year deal. The 41 year-old southpaw, a two-time Cy Young winner with the team, left Atlanta in 2002 after negotiations as a free agent became acrimonious with team president Stan Kasten.

Jake Peavy (19-6, 2.54) becomes the fourth Padres pitcher to win the National League Cy Young Award

Joining Randy Jones (1976), Gaylord Perry (1978), and Mark Davis (1989), Jake Peavy (19-6, 2.54) becomes the fourth Padres pitcher to win the National League Cy Young Award. The 26 year-old right-hander, who led the Senior Circuit in wins, ERA, and strikeouts with 240 K’s, is the unanimous choice of the BBWAA, being named first on all 32 of the writers’ ballots.

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A federal grand jury indicts Barry Bonds, accused of lying nearly four years ago about using performance-enhancing drugs, on four counts of perjury and one count of obstruction of justice. The prodigious slugger, who has broken many cherished home run baseball records, could be sentenced to a maximum of 30 years in prison if convicted on all charges.

A federal grand jury indicts Barry Bonds, accused of lying nearly four years ago about using performance-enhancing drugs, on four counts of perjury and one count of obstruction of justice. The prodigious slugger, who has broken many cherished home run baseball records, could be sentenced to a maximum of 30 years in prison if convicted on all charges.

Former All-Star Joe Nuxhall, the youngest major league player of the 20th Century at age 15, dies in Fairfield, Ohio. Nuxhall had served as a Cincinnati Reds broadcaster for many years after his career ended.

Former All-Star Joe Nuxhall, the youngest major league player of the 20th Century at age 15, dies in Fairfield, Ohio. Nuxhall had served as a Cincinnati Reds broadcaster for many years after his career ended.

Only a few hours after Alex Rodriguez confirms he has spoken directly with the Steinbrenner family; reports start to surface that the Yankees and their third baseman are close to a multi-year deal that would be worth as much as $290 million. The move is seen, in part, as an attempt to soften the harsh criticism incurred when A-Rod, through his agent Scott Boras, announced his decision to opt out of his contract with the team during Game 4 of the World Series.

Only a few hours after Alex Rodriguez confirms he has spoken directly with the Steinbrenner family; reports start to surface that the Yankees and their third baseman are close to a multi-year deal that would be worth as much as $290 million. The move is seen, in part, as an attempt to soften the harsh criticism incurred when A-Rod, through his agent Scott Boras, announced his decision to opt out of his contract with the team during Game 4 of the World Series.