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The New York Yankees reach an agreement with free agent hurler CC Sabathia for a seven-year, $161 million deal, a new record for a pitcher. Sabathia had gone 11-2 with a 1.65 ERA for the Brewers after starting the season with Cleveland where he won the 2007 American League Cy Young Award.

The New York Yankees reach an agreement with free agent hurler CC Sabathia for a seven-year, $161 million deal, a new record for a pitcher. Sabathia had gone 11-2 with a 1.65 ERA for the Brewers after starting the season with Cleveland where he won the 2007 American League Cy Young Award.

Jeff Conine and the Baltimore Orioles finalize a $1.7 million, one-year contract

Jeff Conine and the Baltimore Orioles finalize a $1.7 million, one-year contract. Conine, who was with the Orioles from 1999 to 2003, hit .304 and had a .374 on-base percentage in 131 games for the Florida Marlins last season, batting .327 after the All-Star break.

Avoiding arbitration, starting pitcher Ben Sheets and the Milwaukee Brewers agree to a one-year contract

Avoiding arbitration, starting pitcher Ben Sheets (12-14, 2.70) and the Milwaukee Brewers agree to a one-year contract valued at $5.5 million. Sheets, who made $2.5 million last season while posting a 12-14 record with a 2.70 ERA, established a team record last May by striking out 18 batters in a game.

Edgar Renteria inks a four-year contract with the World Champion Red Sox

Edgar Renteria inks a four-year contract with the World Champion Red Sox

Although the terms of the deal are not made public, Edgar Renteria (.287, 10, 72) inks a four-year contract believed to be worth $40 million with the World Champion Red Sox. The former Cardinal shortstop, who made the last out in the World Series ending Boston’s 86-year drought, replaces fellow Colombian Orlando Cabrera, the player obtained in July in the Nomar Garciaparra trade.

Nomar Garciaparra signs a one-year deal with the Chicago Cubs

Nomar Garciaparra signs a one-year deal with the Chicago Cubs

2004 – After refusing a $60 million, four-year contract extension from the Boston Red Sox the previous winter, Nomar Garciaparra signs a one-year deal with the Chicago Cubs, the team he was traded to in 2004, for $8 million. The All-Star shortstop, who is coming off an injury-plagued season, can increase the value of the contract up to $11 million with bonus incentives based on performance and playing time.

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Less than three months since retiring, pitcher Roger Clemens returns to sign a $5 million-dollar, one-year contract with the Astros. The 41-year-old holds a record six Cy Young awards. Clemens cites his Houston home and his friendship with Yankee-turned-Astro teammate Andy Pettitte among his reasons for pitching another season. The deal includes a ten-year personal services contract to remain with the organization once he retires for good. Clemens winds up giving the Astros a season to remember. 

Less than three months since retiring, pitcher Roger Clemens returns to sign a $5 million-dollar, one-year contract with the Astros. The 41-year-old holds a record six Cy Young awards. Clemens cites his Houston home and his friendship with Yankee-turned-Astro teammate Andy Pettitte among his reasons for pitching another season. The deal includes a ten-year personal services contract to remain with the organization once he retires for good. Clemens winds up giving the Astros a season to remember.