Rockies trade Smith to Oakland for two pitchers; offer deal to Jamie Moyer  —  Seth Smith spent the winter in wonderland.  On Monday, the questions and uncertainty ended.  —  With the outfielder viewed as a luxury item after the signing of free agent Michael Cuddyer, Smith was traded …

Red Sox To Sign Vicente Padilla  —  1:44pm: Padilla received a minor league deal that pays $1.5MM in the Majors, reports the Boston Herald.  —  11:34am: The Red Sox reached an agreement with righty Vicente Padilla, tweets Peter Gammons of MLB Network.  Boston's interest in Padilla …

Yankees eye Damon as DH  —  With the Yankees in the market for a designated hitter now that Jesus Montero is heading to Seattle, they are looking at a number of options and reportedly already reached out to Johnny Damon and Carlos Pena.  —  Since they already added $10 million to the payroll …

Tigers Avoid Arbitration With Rick Porcello  —  The Tigers avoided arbitration with starter Rick Porcello, MLBTR has learned, agreeing to a one-year deal worth $3.1MM.  Porcello recently made the easy decision to take arbitration over a $1.344MM option in the Major League deal he signed when drafted.

Orioles have some interest in Francisco Cordero  —  The Orioles have expressed some interest in the lone viable free-agent closer, Francisco Cordero, according to an industry source.  —  Although discussions are not considered far along, the Orioles have inquired about the 36-year-old right-hander …

Hanrahan, Morton get deals to avoid arbitration  —  The Pirates reached deals with closer Joel Hanrahan and starter Charlie Morton on Monday, avoiding arbitration with both players.  Hanrahan's deal is worth $4.1 million, and Morton will receive $2.445 million next season.

Puerto Rico Traces Decline in Prospects to Baseball Draft  —  Ivan Rodriguez at bat.  Mr. Rodriguez, 41, is currently a free agent and playing for one of the Puerto Rican Winter League's four teams.  He is the last active Puerto Rican major leaguer to avoid the draft.  More Photos »

Hughes and Yankees reach deal  —  Right-hander Phil Hughes and the New York Yankees have agreed to a $3.2-million, one-year contract, a raise of $500,000 that followed an injury filled season.  —  Hughes can make an additional $225,000 in performance bonuses under Monday's deal …

Source: Phillies agree with Joel Pineiro  —  The Phillies have agreed to a minor league contract with free-agent pitcher Joel Pineiro, according to a major league source.  The deal includes an invitation to the Phillies' big league spring training camp.  —  The 33-year-old right-hander spent the past two seasons with the Angels.