Top News:

Mets close to 3-year deal with K-Rod … LAS VEGAS — The Mets appeared to be closing in late Monday night on a deal to bring star free-agent closer Francisco Rodriguez to New York. — The deal, expected to be completed very soon, is likely to be for three years and about $37 million …
RELATED:

METS CLOSE TO SIGNING K-ROD — LAS VEGAS - The Mets were on the brink last night of closing their most important game of the offseason - landing closer Francisco Rodriguez. — Rodriguez's agent, Paul Kinzer, said, “I am more optimistic than I have ever been” about finalizing a deal between the single-season save leader and the Mets.

NEXT MOVE?: Trade could come for closer J.J. Putz or signing Kerry Wood
Discussion:
Plain Dealer, The Spot Starters, MetsBlog.com, Bleeding Blue and Teal, MLB Rumors and Baseball Insider

Bombers Brewin' up 30M offer for Sheets — LAS VEGAS - While most of the attention in the Yankees' universe is focused on CC Sabathia, the Bombers are preparing to make an offer to another free agent pitcher from Milwaukee in the next 72 hours. — According to a source …
Discussion:
The LoHud Yankees Blog, River Avenue Blues, Bugs & Cranks, Scott Proctor's Arm and Sliding Into Home
RELATED:

3 UP: K-Rod, Ankiel and Sheets — 1. The Mets are about to get much better in the ninth inning and much worse behaved in the eyes of their most heated rivals. Remember how the Phillies and the rest of the NL East have expressed open distaste for the Mets' prancing style, embodied most by Jose Reyes' gesticulations?

Yanks expected to make offer to Sheets — Team met with righty Monday; said to be preparing offer — Though the Yankees are still very much at the center of the talks with free-agent left-hander CC Sabathia, they may be preparing to make a run at another ace — Ben Sheets.
Discussion:
Hot Foot

Cubs close to acquiring Jake Peavy — The Jake Peavy-Cubs trade talks have reached a point where it will be a stunner if the Cubs don't acquire Peavy, who immediately would become the best pitcher on a staff that already boasts Carlos Zambrano, Ryan Dempster, Ted Lilly and Rich Harden.
RELATED:

Sox interested in Pavano? (And other whispers . . .) — LAS VEGAS — A few things heard while walking through the Bellagio Hotel early this morning . . . 1. The Red Sox are one of a few teams mentioned by agent Tom O'Connell as interested parties for free agent righthander Carl Pavano, a former Boston farmhand.
Discussion:
Bugs & Cranks, MLB Rumors, sox1fan.com, Siberian Baseball, Tribe Report and MetsBlog.com

Pettitte among options for Sox — LAS VEGAS — Shortly after Theo Epstein met with reporters tonight, an agent walking the hall of the Bellagio resort and casino gave the Red Sox a supreme compliment. — “They explore everything,” said the agent. — Including a name that should be familiar …
Discussion:
For the Record, Boston Herald, My Pinstripes, Hardball Times, iYankees, Mike Silva's NY Baseball …, MLB Rumors and Sliding Into Home


DeRosa may move to Phillies — Infielder could be instrumental in Cubs obtaining Peavy from Pads — LAS VEGAS — The anticipated absence of Chase Utley for an extended period has prompted the Phillies to become involved in the Cubs' pursuit of Jake Peavy.
Discussion:
Phillies Nation
RELATED:

Peavy headed to Cubs or back to San Diego
Discussion:
It is about the money, stupid

Red Sox set sights on Teixeira — Buzz up! — LAS VEGAS - He is a decision-maker for a team that wants to be in the mix for free agent Mark Teixeira, but he has no illusions regarding the chances that Teixeira will sign with his team. — “I think he'll sign with the Red Sox,” the official said.
RELATED:


Dodgers agree to terms with Loretta — Infielder must pass physical before one-year deal is official — LAS VEGAS — While closing in on re-signing third baseman Casey Blake, the Dodgers further solidified their infield depth Monday night by agreeing to terms with veteran utilityman Mark Loretta …
Discussion:
Inside the Dodgers, Dodger Thoughts, AZ Snakepit, Mike Scioscia's Tragic Illness, whygavs.com and 6-4-2
RELATED:

Loretta, Dodgers agree to deal — The Dodgers bolstered their infield depth Monday night by agreeing to terms with utilityman Mark Loretta on a one-year contract, according to agent Bob Garber. Loretta must pass a physical exam Tuesday for the deal to be official.

Madden: CC doesn't seem high on Yanks — LAS VEGAS - Is CC Sabathia afraid of New York? It is sure beginning to sound like that as the big lefty continues to sit on the Yankees' six-year, $140 million offer - an offer that would make him the highest paid pitcher in baseball - with no other team remotely close to those numbers.
RELATED:


Dodger notes: Trevor Hoffman, Rafael Furcal and more — The Dodgers are “thinking about” pursuing closer Trevor Hoffman (pictured at right) because of uncertainties about Takashi Saito's health and Jonathan Broxton's ability to handle the role. — Of Broxton, General Manager Ned Colletti said …
RELATED:

Tomorrow notes: Blake deal not quite done
Discussion:
MLB.com, The LoHud Yankees Blog, ESPN, Yahoo! Sports, Brew Crew Ball, LA Times Sports Blog and MLB Rumors

Francoeur for Greinke? — LAS VEGAS — Here are a couple of other things to add to colleague Nick Cafardo's list of items from late last night/this morning: — According to one National League executive, the Kansas City Royals and Atlanta Braves have had serious discussions about a trade …

O's met with Teixeira, but no offer yet — Club in serious talks about deal to send catcher Hernandez to Reds; chance to land Burnett fading — LAS VEGAS - The Orioles still aren't considered the favorites to land coveted free agent Mark Teixeira, but you can't say they're not trying.
Discussion:
MLB Rumors