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2:45 PM ET, January 11, 2012

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 Top News: 
Ben Nicholson-Smith / MLB Rumors:
Reds To Sign Ryan Madson  —  1:18pm: Madson's 2013 option is mutual with a buyout, tweets ESPN's Jayson Stark, meaning it's just a way for the team to push some of the guaranteed money to a later date.  —  WEDNESDAY, 7:00am: The Madson contract appears to be worth less than initially reported …
RELATED:
Jerry Crasnick / ESPN.com:
Source: Reds, Ryan Madson have deal  —  The Cincinnati Reds and former Phillies closer Ryan Madson have agreed to a one-year, $8.5 million deal, according to a source.  —  Madson, 31, was 47-30 with a 3.59 ERA in eight career seasons with the Philadelphia Phillies.
Mark Sheldon / MLB.com:
Reds, closer Madson agree on one-year deal  —  Cincinnati fills one of biggest needs in snagging free agent  —  CINCINNATI — The Reds agreed to terms late Tuesday on a one-year, $10 million contract with free-agent closer Ryan Madson, a baseball source confirmed to MLB.com.
Matt Snyder / Eye on Baseball:
Reds to sign Madson to one-year contract  —  Free agent closer Ryan Madson has agreed to sign a one-year, $8.5 million deal with the Cincinnati Reds, CBSSports.com insider Jon Heyman has learned.  —  Madson, 31, was reportedly very close to signing a four-year deal worth over $40 million …
Discussion: Baseball Insider and Yahoo! Sports
NY Daily News:
NY Mets close to raising $100 million in minority shares of club; Miguel Batista and Fernando Cabrera agree to minor-league deals  —  Plan to put the $100 million toward their $350 million debt  —  Mr. Met approves as Daily News learns that Mets are close to finalizing sale of at least five $20 million shares in team.
RELATED:
Anthony Rieber / Newsday:
Mets receive good news on Ike Davis  —  PHOENIX — Finally, some good news for Mets fans: Ike Davis said Tuesday he is “good to go” for spring training after more than two months of hard rehab on the freakish left ankle injury that cost him most of the 2011 season.
Associated Press:   Mets sign Batista, Cabrera to minor league deals
Bill Shaikin / Dodgers Blog:
Dodgers settle with Fox, ending battle over TV rights sale  —  The Dodgers and Fox Sports ended their legal hostilities Tuesday night, with the team agreeing to abandon its proposed sale of television rights and Fox agreeing to withdraw its objection to the settlement between Major League Baseball and outgoing owner Frank McCourt.
RELATED:
Randall Chase / Associated Press:   Judge OKs settlement between Dodgers, Fox Sports
Terence Moore / MLB.com:
Integrity, character make future Hall votes easy  —  Steroid users have eliminated themselves from consideration  —  You heard of “Mr. Smith Goes to Washington.”  This is about how “Mr. Bonds Blew Cooperstown,” but before I get to that, I'm not saying the following proudly …
RELATED:
John Schlegel / MLB.com:
MLB.com writers weigh in on 2013 HOF ballot
Discussion: Baseball Nation
Wendy Thurm / Baseball Nation:
A Proposal To Break The Territorial-Rights Logjam Between The A's And The Giants  —  Since just before Christmas, there's been a flutter of rumors suggesting that MLB owners are close to making a decision on whether to permit the Oakland Athletics to move to a new, still-unbuilt ballpark in San Jose, about 40 miles to the south.
Discussion: HardballTalk
Alex Speier / Full Count:
Pedro Martinez on The Big Show: Of MVP and Cy Young snubs, the Steroid Era, and Boston's everlasting place in his heart  —  Former Red Sox great Pedro Martinez joined The Big Show on Tuesday to discuss his career in Boston, which featured what some consider to be the most dominant stretch by a pitcher in major league history.
Discussion: NESN.com and Baseball Nation
MLB.com:
BASEBALL IQ  —  Baseball IQ, MLB Network's first-ever game show, premieres Tuesday, January 24 at 9:00 p.m. ET.  Hosted by MLB Network's Matt Vasgersian, Baseball IQ is a recall-based trivia show featuring two participants, 30 minutes and a chance to win up to $45,000 for charity.
Discussion: Bless You Boys
Marc Topkin / The Heater Feed:
Boras: Pena, Damon remain in play for Rays  —  1B Carlos Pena and DH Johnny Damon remain possibilities to fill the' Rays openings for two hitters, agent Scott Boras said Tuesday, but both have interest from other teams.  —  “I think the Rays need offense,” Boras said.  “And both players enjoyed playing there.”
 
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 More News: 
SiriusXM Sports:
Paul Maholm, new Chicago Cubs SP, discusses signing with the Cubs, on MLB Network Radio.
Steve Gardner / USA Today:
Hall debate spawns a new stats superhero, Saberboy
Alden Gonzalez / MLB.com:
With pieces in place, Halos likely done shopping
Ben Nicholson-Smith / MLB Rumors:
Mariners Sign Aaron Heilman
Ben Nicholson-Smith / MLB Rumors:
Brewers, Carlos Gomez Avoid Arbitration
Discussion: HardballTalk
Jim Reeves / ESPN:
Juan Gonzalez gone from HOF ballots
Discussion: Lone Star Ball
 Earlier Picks: 
Chris Haft / MLB.com:
Posey ramps up running in prep for camp
Discussion: McCovey Chronicles
Buster Olney / ESPN.com:
The battle over Jeff Bagwell
Kevin Goldstein / Baseball Prospectus:
New York Mets Top 11 Prospects
Discussion: MetsBlog.com and Amazin' Avenue
Carroll Rogers / Atlanta Braves:
Bout time? Q and A with Braves third baseman Chipper Jones
Discussion: Talking Chop and HardballTalk
 

 
From WeSmirch:

Hillel Italie / Associated Press:
Quincy Jones, music titan who worked with everyone from Frank Sinatra to Michael Jackson, dies at 91

Whitney Vasquez / New York Post:
Sean ‘Diddy’ Combs' birthday meal in prison revealed as disgraced mogul turns 55 behind bars

Sarah Jones / Page Six:
Taylor Swift was ‘shocked’ by Travis Kelce's ‘last-minute’ appearance at Indianapolis Eras Tour show

 
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