Former Red Sox reliever Jonathan Papelbon agrees to a four-year, $50 million free-agent deal to finish games for the Phillies. The contract is the richest ever signed by a closer, surpassing B.J. Ryan’s five-year, $47 million pact with the Blue Jays in 2005.

Craig Kimbrel unanimously wins the National League Rookie of the Year award. The Braves’ right-handed closer, who struck out 127 batters in 77 innings, set a major league record for saves by a rookie with 46.

Mike Matheny is named to succeed Tony La Russa, who retired as the manager of the Cardinals a few days after leading the Redbirds to a world championship. The 41 year-old former minor league instructor, who served as a special assistant to general manager John Mozeliak, has no previous managerial experience.

Winners of the Rookie of the Year Award are announced in both major leagues. In the National League, Braves reliever Craig Kimbrel is the winner after setting a new rookie record with 46 saves. In the American League, Tampa Bay P Jeremy Hellickson comes up with the prize on the strength of a 13-10 record and a 2.95 ERA.