After being declined salary arbitration by the Cubs earlier in the week, Bobby Howry agrees to a $2.75M, one-year deal with the Giants. Chicago plans to use the right-handed reliever as the club’s primary setup man.

Reflecting the worldwide economic crisis, Rogers Communications, owner of the Blue Jays, announces plans of corporate layoffs, which includes employees from the team’s sales staff. The team cites a decline in advertising revenue as the reason for the staffing cuts.