Joe Blanton (2-8, 4.05) and the Phillies, avoiding an arbitration hearing, come to terms on a $24 million, three-year deal. The 29 year-old right-hander is expected to be the National League champion’s number three starter in a rotation which includes Roy Halladay, Cole Hamels, and J.A. Happ

Joe Blanton (2-8, 4.05) and the Phillies, avoiding an arbitration hearing, come to terms on a $24 million, three-year deal. The 29 year-old right-hander is expected to be the National League champion’s number three starter in a rotation which includes Roy Halladay, Cole Hamels, and J.A. Happ

The Blue Jays purchase reliever Merkin Valdez from the Giants. The hard-throwing righty was designated for assignment last week to make room on San Francisco’s 40-man roster.

The Blue Jays purchase reliever Merkin Valdez from the Giants. The hard-throwing righty was designated for assignment last week to make room on San Francisco’s 40-man roster.

The Brewers sign their second free agent left-handed starting pitcher of the off-season, inking Doug Davis to a one-year deal a month after adding Randy Wolf. Davis pitched for the Brew Crew from 2003 to 2006 before spending the last three seasons with Arizona.

The Brewers sign their second free agent left-handed starting pitcher of the off-season, inking Doug Davis to a one-year deal a month after adding Randy Wolf. Davis pitched for the Brew Crew from 2003 to 2006 before spending the last three seasons with Arizona.

The Angels sign free agent starting pitcher Joel Pineiro to a two-year deal worth $16 million. Pineiro went 15-12 with a 3.49 ERA for the St. Louis Cardinals last season.

The Angels sign free agent starting pitcher Joel Pineiro to a two-year deal worth $16 million. Pineiro went 15-12 with a 3.49 ERA for the St. Louis Cardinals last season.

2010 – Free agent catcher Bengie Molina re-signs for one year with the Giants in what is considered a surprise move, first because top catching prospect Buster Posey seems poised to play regularly for San Francisco, and also because the Mets had been expected to bring in Molina to be their starting catcher this season.

2010 – Free agent catcher Bengie Molina re-signs for one year with the Giants in what is considered a surprise move, first because top catching prospect Buster Posey seems poised to play regularly for San Francisco, and also because the Mets had been expected to bring in Molina to be their starting catcher this season.

Jonathan Papelbon inks a deal with the Red Sox for the largest salary ever given to a relief pitcher with just four years of major league service. The 29 year-old reliever, who has 151 career saves for Boston, agrees to a $9.35 million, one-year contract to continue to be the team’s closer.

Jonathan Papelbon inks a deal with the Red Sox for the largest salary ever given to a relief pitcher with just four years of major league service. The 29 year-old reliever, who has 151 career saves for Boston, agrees to a $9.35 million, one-year contract to continue to be the team’s closer.

The Cleveland Indians acquire infielder Brian Bixler from the Pirates for Class-A 3B Jesus Brito, who hit .353 in his first professional season in the United States last year.

The Cleveland Indians acquire infielder Brian Bixler from the Pirates for Class-A 3B Jesus Brito, who hit .353 in his first professional season in the United States last year.

The San Diego Padres sign utility player Jerry Hairston to a one-year deal; he joins his brother Scott Hairston, re-acquired by the Padres in a trade two days earlier.

The San Diego Padres sign utility player Jerry Hairston to a one-year deal; he joins his brother Scott Hairston, re-acquired by the Padres in a trade two days earlier.

The Marlins deal Dan Uggla to the Braves for infielder Omar Infante and left-hander Mike Dunn

The Marlins deal Dan Uggla to the Braves for infielder Omar Infante and left-hander Mike Dunn

The Marlins deal Dan Uggla to the Braves for infielder Omar Infante and left-hander Mike Dunn. Atlanta’s acquisition of the two-time All-Star second baseman, who hit .287 with 33 homers and 105 RBIs last season, could be a signal the team is uncertain about Chipper Jones’ status for next year after having surgery to repair a torn ligament in his left knee.

The Diamondbacks designate OF Eric Byrnes for assignment. He signed a three-year contract extension after a great 2007 season, but has not been productive since, hitting .218 in 136 games while being constantly bothered by injuries. The D-Backs are on the hook for $11 million left on his contract.

The Diamondbacks designate OF Eric Byrnes for assignment. He signed a three-year contract extension after a great 2007 season, but has not been productive since, hitting .218 in 136 games while being constantly bothered by injuries. The D-Backs are on the hook for $11 million left on his contract.