UPDATE: Brewers agree to long-term contract with Yovani Gallardo

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UPDATE: Gallardo gets a five-year deal (including 2010) with a sixth-year team option, so the Brewers potentially bought out his first two seasons of free agency.
11:45 AM ET: Tom Haudricourt of the Milwaukee Journal Sentinel reports that the Brewers “are believed to be closing in on contract extension” with Opening Day starter Yovani Gallardo.
Milwaukee has scheduled a press conference for this afternoon, presumably to announce the deal with Gallardo, who will be arbitration eligible for the first time next season and has three more years remaining under team control.
After missing most of 2008 with an ACL team in his right knee, Gallardo won 13 games with a 3.73 ERA and 204 strikeouts in 185.2 innings as a 23-year-old last season. His control was shaky with the second-most walks in the league at 94, but he also ranked second in strikeout rate and held opponents to a .219 batting average.
Gallardo had good control in the minors and walked just 45 batters in 134.1 innings before suffering the knee injury, so at age 24 he seems likely to take a big step forward this season. In other words, if the Brewers can pre-pay for his arbitration years and buy out a year or two of free agency before his value rises they’ll have taken a very smart risk.

Report: Rays nearing a deal with Shawn Tolleson

ST. LOUIS, MO - JUNE 18: Reliever Shawn Tolleson #37 of the Texas Rangers pitches against the St. Louis Cardinals in the eighth inning at Busch Stadium on June 18, 2016 in St. Louis, Missouri.  (Photo by Dilip Vishwanat/Getty Images)
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Marc Topkin of the Tampa Bay Times reports that the Rays and free agent reliever Shawn Tolleson are close to finalizing a contract.

Tolleson, who turns 29 years old on Thursday, had an ugly 2016 season, finishing with a 7.68 ERA and a 29/10 K/BB ratio in 36 1/3 innings. He was one of the Rangers’ best relievers in the two seasons prior to that, however, which included saving 35 games in 2015.

It’s not known yet what kind of contract the two sides are negotiating. It could be a minor league contract with an invitation to spring training, a non-guaranteed major league contract, or a guaranteed major league contract.

President Obama pardons Willie McCovey

SAN FRANCISCO, CA - APRIL 06:  San Francisco Giants legend Willie McCovey  waves to the crowd while seating between Jeff Kent (L) and Willie Mays during a ceremony honoring Buster Posey for winning the 2012 National League MVP before the Giants game against the St. Louis Cardinals at AT&T Park on April 6, 2013 in San Francisco, California.  (Photo by Ezra Shaw/Getty Images)
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The big presidential pardon news today concerns the commutation of Chelsea Manning’s sentence. We’ll leave that aside. For our purposes, know that someone in the world of baseball was pardoned: Willie McCovey.

Yes, Hall of Famer Willie McCovey, who in 1995 pleaded guilty to income tax fraud related to the non-reporting of income received from memorabilia and autograph shows. Duke Snider pleaded guilty alongside McCovey. They were given two years probation and fines of $5,000. Snider died in 2011. McCovey still works with the San Francisco Giants as a senior advisor and goodwill ambassador.

President Obama’s release of McCovey’s pardon was pretty succinct. But it’s enough to scrub the record of one of the greatest sluggers of all time.