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Philip Humber - S - NYM
Mets signed RHP Philip Humber, their first-round pick in the 2004 draft.
Humber, the third overall pick in the draft, received a $3.7 million bonus. He'll probably open the season at Single-A St. Lucie, but if he starts well, he should quickly be challenged with Double-A. Jan. 11 - 8:04 pm et
Brian Meadows - R - PIT
Pirates re-signed RHP Brian Meadows to a one-year, $1.125 million contract.
Meadows made $625,000 plus $145,000 in bonuses for his 3.58 ERA in 78 innings of relief work last season. Nine of the 40 runs he allowed were unearned. He'll remain a middle reliever. Jan. 12 - 8:51 pm et
Ramon Vazquez - SS - BOS
Red Sox re-signed infielder Ramon Vazquez to a one-year, $700,000 contract.
Since Vazquez, acquired from the Padres last month, spent a month on the DL and two months in the minors last season, he comes very cheap in his first year of arbitration eligibility. He'll back up Edgar Renteria and Mark Bellhorn for Boston. Jan. 12 - 8:46 pm et
Gil Meche - S - SEA
Mariners re-signed RHP Gil Meche to a one-year, $2.535 million contract.
Meche gets a $635,000 raise despite a 5.01 ERA last season. He was 6-2 with a 3.95 ERA after the All-Star break, so he's pretty much guaranteed a rotation spot. He'll be above average if his shoulder holds up. Jan. 12 - 8:44 pm et
Eric Munson - 3B - MIN
Twins signed third baseman Eric Munson to a minor league contract and invited him to spring training.
A nice addition for Minnesota, though Terry Tiffee will be disappointed. Assuming that he makes the team, Munson will serve as a backup third baseman and designated hitter. Injuries could make him a regular at some point, so he'll be worth drafting at $3-$4. Jan. 16 - 9:27 pm et
J.C. Romero - R - MIN
The Twins will announce tomorrow they they've agreed to terms with J.C. Romero on a two-year contract with a team option for 2007.
This comes as quite a surprise given that the Twins have mostly expressed frustration with Romero's development. He was tremendous for about three months last season, but he also spent some time in Triple-A and he had a 5.00 ERA in 2003. The deal should be cheap enough to allow him to remain a candidate to be traded if he doesn't make progress this year. Jan. 16 - 9:24 pm et
Tony Armas Jr. - S - WAS
Nationals agreed to terms with RHP Tony Armas Jr. on a one-year, $2.26 million contract.
Armas receives a $160,000 raise after making $2.1 million in both 2003 and 2004. If his shoulder holds up, he should be a quality third starter for Washington. Jan. 16 - 7:37 pm et
Josh Beckett - S - Marlins
Marlins agreed to terms with RHP Josh Beckett on a one-year, $2.4 million contract.
Beckett was eligible for arbitration for the first time. He made $1.72 million in 2002 and $1.51 million last season, but those totals were because of the major league contract he signed when he was drafted. Jan. 18 - 5:32 pm et
Vicente Padilla - S - Phillies
Phillies agreed to terms with RHP Vicente Padilla on a one-year, $3.2 million contract.
Padilla made $2.6 million last season in his first year of arbitration eligibility. He'll be a free agent following the 2006 season. Jan. 18 - 5:30 pm et
B.J. Ryan - R - Orioles
Orioles agreed to terms with LHP B.J. Ryan on a one-year, $2.6 million contract.
He would earn $50,000 each for finishing 45, 50, 55 and 60 games. Ryan only doubled his 2004 salary after being one of baseball's best relievers last season. If he does it again, he'll be in line for a much bigger raise as a free agent next winter. Jan. 18 - 6:10 pm et
Rodrigo Lopez - S - Orioles
Orioles agreed to terms with RHP Rodrigo Lopez on a one-year, $2.375 million contract.
He can earn an extra $200,000 based on innings pitcher. Lopez, who was eligible for arbitration for the first time, could be Baltimore's Opening Day starter. Jan. 18 - 6:09 pm et
Michael Barrett - C - Cubs
Cubs agreed to terms with catcher Michael Barrett on a three-year, $12 million contract.
Also, the one-year contracts of Corey Patterson and Kyle Farnsworth were worth $2.8 million and $1.975 million, respectively. $4 million per season seems fair for Barrett, who took a pay cut to $1.55 million last year. He was due to earn about $3.5 million in his final year of arbitration. If he kept producing like he did in 2004, he might have made $5 million per year as a free agent. Jan. 18 - 6:23 pm et
Eric Gagne - R - Dodgers
Dodgers agreed to terms with RHP Eric Gagne on a two-year, $19 million contract with a team option for 2007.
Gagne will get $8 million this year and $10 million in 2006. Los Angeles has a $12 million option for 2007 with a $1 million buyout, but Gagne has the right to void the option and become eligible for free agency. If he voids the option, he would receive a buyout of $250,000 to $1 million, depending on games finished the next two years. Jan. 18 - 6:54 pm et
Source: The Associated Press
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