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12:05 PM ET, December 31, 2008

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 Top News: 
Jack Curry / New York Times:
Mets Offer Lowe a 3-Year Deal  —  The Mets have offered the free-agent pitcher Derek Lowe a three-year contract for about $36 million, according to people who have been briefed on the discussions.  —  As the Mets try to add another starter, they have concentrated on Lowe, 35, as their No. 1 option over Oliver Pérez.
RELATED:
John Harper / NY Daily News:
Mets playing Lowe ball  —  More and more it seems it will only be a matter of time before the Mets sign Derek Lowe, the starting pitcher they targeted going into the offseason.  —  Lowe recently told a friend that the Red Sox, who signed Brad Penny to a one-year deal this week …
Tom Singer / MLB.com:
Mets extend three-year offer to Lowe  —  Proposal for highly sought free agent reportedly worth $36 million  —  The Mets have acted on their remaining offseason priority, extending highly sought right-hander Derek Lowe a three-year offer for approximately $36 million, according to a report in the New York Times.
Mike Puma / New York Post:
REPORT: METS OFFER LOWE $36M  —  The Mets are moving along negotiations with Derek Lowe, reportedly with a three-year offer in the $36 million range for the free-agent pitcher.  —  That isn't nearly in line with the four-or five-year deal at around $15 million per season that Lowe's agent …
Discussion: MLB Rumors
Troy Renck / All Things Rockies:
Rox agree to ship Vizcaino to Cubs for Marquis  —  The Rockies are going to swap a relief bust for rotation depth.  —  The Rockies and Cubs have agreed in principle on a deal that would send Luis Vizcaino to Chicago for starter Jason Marquis, according to multiple baseball sources.
RELATED:
Bill Shaikin / Los Angeles Times:
Manny Ramirez's agent contacts the Dodgers  —  Negotiations for slugger appear to be underway again as Scott Boras gets in touch with team after General Manager Ned Colletti says Ramirez remains the club's ‘first choice.’  —  The Dodgers' on-again, off-again negotiations with Manny Ramirez appear to be on again.
RELATED:
Ken Gurnick / MLB.com:
Manny's agent contacts Dodgers
Discussion: MLB Rumors
Baltimore Sun:
C. Izturis to join Mora on Venezuela's WBC team  —  Cesar Izturis, the Orioles' new starting shortstop, is planning to represent Venezuela in the 2009 World Baseball Classic, according to his agent.  Izturis expects to join Orioles third baseman Melvin Mora on the Venezuelan team.
RELATED:
Jordan Bastian / MLB.com:
Jays ink quartet to Minors contracts
Sportsnet.ca:
Jays invite 3 more to Spring camp
Discussion: Texas Rangers and Yahoo! Sports
Scott Miller / CBS SportsLine.com:
Upon further review, Hawk belongs in Cooperstown  —  Andre Dawson finished with 438 home runs, 1,591 RBI and a .482 slugging percentage.  He ranks 25th all time in total bases, 34th in RBI, 36th in home runs and 45th in hits.  He even had 314 stolen bases.
Marc Katz / Dayton Daily News:
Former Red Benzinger named Dragons manager  —  He takes over position after departure of Dismuke for job with Braves' AAA team.  —  DAYTON — Todd Benzinger — best known for recording the final out of the 1990 World Series for the victorious Cincinnati Reds — today, Dec. 31 …
Discussion: Redleg Nation
Dylan Hernandez / LA Times Sports Blog:
Dodgers sign pitcher Claudio Vargas  —  The Dodgers may have found a pitcher who could take a spot in the back end of their rotation, signing right-hander Claudio Vargas to an incentive-laden, one-year deal.  —  Vargas will be paid a base salary of $400,000 and can earn an additional $1.4 million in incentives.
Discussion: MLB Rumors
Matt Eddy / Baseball America:
Minor League Transactions  —  This week's installment considers all transactions reported by MLB between Dec. 16 and Dec. 23.  The previous installment is available here.  —  Atlanta Braves  —  Released: RHP Eligio Lagua, RHP Eliezer Murillo, RHP Matt Timms, LHP Tim Ladd, LHP T.J. Wohlever, OF Mike Elkerson, OF Chad Maddox
Brian McTaggart / Houston Chronicle:
Astros pick in 2006 ill with meningitis  —  Sapp, 20, has been in hospital for two weeks  —  Max Sapp, the Astros' first-round draft pick in 2006, has been hospitalized for more than two weeks in Orlando, Fla., with a case of meningitis, assistant general manager Ricky Bennett said Tuesday.
Peter Schmuck / The Schmuck Stops Here:
Orioles: Sexson an option at 1B?  —  The Orioles still are trying to figure out what they'll do at first base this coming season, and they've given some consideration to attempting a salvage operation with former 45-homer guy Richie Sexson.  Club officials apparently have had at least …
Discussion: Lookout Landing and Oriole Post
 
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