The Cubs sign free agent P Tyler Chatwood to a three-year deal worth $38 million. While Chatwood led the NL with 15 losses last year, he has also posted excellent road ERAs for the last two seasons and is seen as a potential break-out candidate now that he no longer needs to pitch his home games in Coors Field.

The Marlins trade 2B Dee Gordon to the Mariners for three prospects, Ps Nick Neidert and Robert Dugger and IF Christopher Torres. The Mariners also receive $1 million in international bonus pool money, which is clearly intended to make a bid to sign Japanese star Shohei Ohtani. Gordon is expected to move to the outfield with Robinson Cano entrenched at 2B for Seattle.

Bill King, former broadcaster for the Oakland Athletics, is honored posthumously as the winner of the Ford C. Frick Award for meritorious service in baseball broadcasting. The award will be bestowed as part of the 2017 Hall of Fame induction ceremony.

There is a lot of action at the Winter Meetings in National Harbor, MD. The Nationals acquire OF Adam Eaton from the White Sox for three young pitchers: Lucas Giolito, Reynaldo Lopez and Dane Dunning. The Royals trade closer Wade Davis to the Cubs in return for OF Jorge Soler and the Giants send P Chris Heston to the Mariners for a player to be named. Finally, the Rockies sign SS-turned-OF Ian Desmond for five years and $70 million.

A trade between the Reds and Dodgers for All-Star closer Aroldis Chapman is held up when a police report emerges that the player fired a gun eight times after a domestic altercation on October 30th. While no charges were made a the time, the incident is still under investigation by police and Chapman also faces a possible suspension under Major League Baseball’s new domestic violence policy.

The Red Sox trade P Wade Miley to Seattle, along with P Jonathan Aro, in return for Ps Roenis Elias and Carson Smith.

The Diamondbacks obtain right-handed starter Shelby Miller from the Braves for outfielder Ender Inciarte, pitching prospect Aaron Blair, and Dansby Swanson, the first player selected in this year’s MLB June Amateur Draft. The deal marks the first time a #1 overall pick has been traded within the first year of their career, a move made possible because teams are now allowed to trade recently drafted picks after the World Series.

The Veterans Committee fails to elect any of the ten candidates from the “pre-integration era” up for consideration for enshrinement in the Hall of Fame. Early baseball pioneer Doc Adams comes closest with 10 votes out of the 12 required.

Jacoby Ellsbury agrees to a seven-year deal, valued around $153 million, to patrol center field for the Yankees, joining Brian McCann as the team’s second major free-agent signing this week. The outfielder, who played a major role in the Red Sox’ World Championship last season, also received offers from his former team, the Tigers, and Mariners.