By this time next Sunday, the regular season will be in full swing! Let's take a look back on the final week of Spring Training (even though the season technically started on Thursday)…
- A group headed by Stan Kasten and Magic Johnson agreed to purchase the Dodgers for a whopping $2.15 billion — more than double the price of the previous record sale price of an MLB team.
- The Royals and Alex Gordon agreed to a four-year extension that will guarantee him $37.5MM. The deal contains a player option at $12.5MM. He'll earn $6MM, $9MM, $10MM, and $12.5MM over the next four seasons.
- The Padres locked up Cory Luebke through the 2015 season for a $12MM guarantee. Luebke's new contract contains a pair of club options that could raise the total value to $27.75MM.
- The Indians and Angels appeared to be on the verge of a trade that would send Bobby Abreu to Cleveland before the talks fell apart.
- Jonathan Lucroy signed a five-year extension with the Brewers that guarantees him $13MM if he qualifies as a Super Two player, or $11MM if he falls short. His contract also contains an option for a sixth season.
- In a more surprising (and albeit, smaller scale) extension, the Blue Jays signed Dustin McGowan to a two-year deal that guarantees him $3.5MM between the 2013-13 seasons and contains a $4MM club option.
- Following his release from the Astros, veteran righty Livan Hernandez signed a one-year Major League deal with the Braves that guarantees him $750K.
- The Brewers will let Shaun Marcum play out the rest of the season and reach free agency.
- The Giants and Matt Cain continue to talk about a contract extension as Opening Day approaches and CEO Larry Baer insists that the club is not lowballing the pitcher.
- The Cubs and Red Sox finalized the Theo Epstein compensation situation this week. Chicago will receive 19-year-old minor league first baseman Jair Bogaerts as the player to be named later.
- The Diamondbacks worked out a trade with the Pirates to retain Rule 5 pick Brett Lorin by sending 2010 third-rounder Robby Rowland.
- Former Yankees left-hander Kei Igawa signed a two-year deal with the Orix Buffaloes worth ¥200M, which is roughly $2.5MM USD.
- The Yankees signed Jack Cust to a minor league contract.
- The Nationals announced that they signed left-hander Zach Duke to a minor league deal.
- Tony La Russa joined Major League Baseball as a special advisor.
- The Twins officially released right-hander Joel Zumaya as the pitcher will miss the 2012 season while recovering from Tommy John surgery.
- Vladimir Guerrero worked out in front of Indians scouts at the team's Dominican Republic academy.
- Magglio Ordonez is close to retiring.
- The Giants placed infielder Mike Fontenot on waivers. San Fran agreed to a one-year, $1.05MM deal this offseason with the veteran and will now save three quarters of that.
- The Rangers released veteran outfielder Brad Hawpe.
Zach Links contributed to this post.
The Quiet One
“The Cubs and Red Sox finalized the Theo Epstein compensation situation this week. Boston will receive 19-year-old minor league first baseman Jair Bogaerts as the player to be named later.” Wrong. The CUBS will receive Jair Bogaerts.
Double_Up
Hopefully Vlad catches on with Cleveland or someone else soon. Usually hitters are ahead of pitchers but a lot of teams this year made that a myth.
Eric 27
McGowan contract years are wrong–I imagine they should be 13-14.
afbene
Please call it SF if you’re going to abbreviate San Francisco. Otherwise, call it San Francisco.
Double_Up
Guerrero definitely should be signed by someone, soon. He is apparently, according to reports, in much better shape than the end of last year.