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12:00 PM ET, January 14, 2012

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 Top News: 
C. Trent Rosecrans / Eye on Baseball:
Yankees agree to trade Montero for Pineda  —  So much for that quiet Yankees winter.  New York has finally made its move for a pitcher, agreeing to trade for right-hander Michael Pineda from the Mariners in exchange for top prospect Jesus Montero, CBSSports.com's Jon Heyman reports.
RELATED:
Mark Polishuk / MLB Rumors:
Yankees To Sign Hiroki Kuroda  —  The Yankees have agreed to a one-year contract with Hiroki Kuroda, pending a physical, tweets Jack Curry of the YES Network (Twitter link).  The deal will pay Kuroda $10MM, tweets ESPN's Buster Olney.  Kuroda is represented by the Octagon agency.
ESPN:
Source: Yankees trade Montero for M's Pineda  —  The New York Yankees have traded top prospect Jesus Montero and right-handed pitcher Hector Noesi to the Seattle Mariners in exchange for phenom pitcher Michael Pineda and righty Jose Campos, a source told ESPN.com's Jayson Stark.
Greg Johns / MLB.com:
Mariners, Yanks nearing Pineda, Montero swap  —  SEATTLE — A quiet offseason for the Mariners and Yankees is about to get a lot louder as the teams are in the process of finalizing a four-player trade that would swap two of the Major League's top young prospects — power-hitting catcher Jesus Montero …
Discussion: Seattle Mariners blog
Mark Polishuk / MLB Rumors:
Mariners, Yankees Swap Pineda For Montero  —  The Mariners needed hitting, the Yankees needed pitching.  The two teams addressed each other's needs in a blockbuster trade of young stars, as right-handers Michael Pineda and Jose Campos will go to the Bronx in exchange for catcher/DH Jesus Montero and righty Hector Noesi.
Baseball Insider:
Yanks upgrade rotation twice, seek hitter (Pena?)  —  The Yankees revamped their rotation by acquiring Michael Pineda in a big trade of fine young talents for Jesus Montero and seemingly seconds later coming to terms with Hiroki Kuroda on a one-year deal for about $10 million.  And they don't appear to be done yet.
Associated Press:
Source: Yankees trade Montero to M's for Pineda  —  SEATTLE (AP) — A person familiar with the deal tells The Associated Press the Seattle Mariners have agreed to trade right-hander Michael Pineda to the New York Yankees for catcher Jesus Montero in a deal involving two of baseball's top young talents.
Discussion: Yahoo! Sports
Tim Booth / Globe and Mail:
Source: M's trade Pineda to Yanks for Montero  —  The Seattle Mariners agreed to trade right-hander Michael Pineda to the New York Yankees for catcher Jesus Montero on Friday, a swap involving two of baseball's top young talents.  —  A person familiar with the deal confirmed the trade to The Associated Press.
Michael Baron / MetsBlog.com:
The starting pitching at a glance  —  Last year, the members of this rotation won 39 games (with Gee winning 13 of those 39), and pitched to a 4.17 ERA, walking 234 and striking out 491 and allowing 71 home runs in 720 1/3 innings pitched combined and averaged just over six innings per start.
Discussion: Mets Merized Online
Baseball Insider:
Red Sox invite Varitek to camp; he's weighing it  —  Respected longtime Red Sox catcher Jason Varitek has been invited by the team to come to camp as a non-roster player with only an outside chance to make the team, and Varitek seems likely to decide between accepting that invitation or retiring, people familiar with his situation said.
RELATED:
Jayson Stark / MLB:
Stark: New CBA, luxury tax affecting free-agent market
Bruce Levine / ESPN:
Kerry Wood, Cubs agree on 1-year deal  —  The Chicago Cubs and Kerry Wood have agreed to a one-year contract with a club option for 2013, the team announced Friday at the Cubs Convention, the club's annual fan festival.  —  The deal is worth $3 million, according to a source.
RELATED:
ESPN:   Report: Police talk to Castro about sex assault
Chris Carlson / Newsday:
David Wright not looking forward to talk on his status  —  New York Mets third baseman David Wright sits in the dugout during the game against the Yankees.  (May 21, 2011)  —  VIRGINIA BEACH, Va. — David Wright is optimistic about everything that will occur on the field at Citi Field this season.
Discussion: MetsBlog.com
ESPN:
Sources: Yanks sign former Dodgers P Kuroda … G-Men Tough?  Ha! … Melo Out?
Discussion: True Blue LA and Dodgers Blog
Mark Polishuk / MLB Rumors:
Braves Avoid Arbitration With Martin Prado  —  The Braves have agreed to a one-year, $4.75MM contract with Martin Prado, avoiding arbitration with the infielder, reports MLB.com's Mark Bowman (both Twitter links).  The $4.75MM figure was slightly higher than the $4.4MM projected by MLBTR contributor Matt Swartz as Prado's 2012 salary.
 
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