Jan 11, 2011, 9:27 AM EST
UPDATE: Buster Olney reports that the deal is done. As Morosi reported, $3 million. The incentives are richer than usual, however, amounting to another $3 million.
5:55 AM: Following up on last night’s reports from Brad Penny himself, Jon Paul Morosi says this morning that the Tigers and Brad Penny are on the verge of a one-year, $3 million deal. Morosi says there will be incentives too. Worth noting that Morosi first connected Penny and the Tigers back in mid-December.
Seems like a good deal for Penny who, before an injury last season, had nine good starts. Remember: he started things off going was 3-0 with a 0.94 ERA last year. He says he’s getting in shape now, though, and if that makes a difference, he could be one of the better putative fifth starters around.
- Report: Two agents rumbled in the parking lot at the Winter Meetings 20
- Mets sign 40-year-old Bartolo Colon for two years, $20 million 38
- MLB rules committee decides to eliminate collisions at home plate 45
- Mariners sign Corey Hart to incentive-laden deal 27
- David Price would not consider an extension with the Mariners if he’s traded there 35
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (125)
- Brett Gardner is drawing “significant” trade interest (113)
- Managers, GMs to meet today to discuss the abolition of home plate collisions (113)