UPDATE: Phillies, GM Ruben Amaro Jr. agree to four-year contract extension

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UPDATE: According to Todd Zolecki of MLB.com, the Phillies and general manager Ruben Amaro Jr. have agreed to a four-year contract extension. He’ll remain in the fold through 2015.

7:12 PM, Friday: A team source tells Bob Brookover of the Philadelphia Inquirer that a contract extension for general manager Ruben Amaro Jr. is “done.”

10:15 AM, Friday: Earlier this week manager Charlie Manuel and the Phillies agreed to a two-year contract extension and now Paul Hagen of the Philadelphia Daily News reports that the team is “virtually done” and “lacking just the finishing touches” on an extension with general manager Ruben Amaro Jr.

After playing eight seasons in the majors as a light-hitting outfielder Amaro spent 10 years as the Phillies’ assistant GM, working as the right-hand man for both Ed Wade and Pat Gillick. He took over for the retiring Gillick as GM just days after the team won the World Series in 2008 and has pulled the trigger on some incredibly bold moves in two-and-a-half years on the job.

Under his watch the Phillies have built a potentially historic rotation around holdovers Cole Hamels and Joe Blanton, as Amaro twice acquired Cliff Lee and also traded for Roy Halladay and Roy Oswalt. He’s also made some questionable moves, like signing Ryan Howard to a $125 million extension long before it was necessary, but Amaro has built the Phillies into a powerhouse capable of extending their streak of four straight playoff appearances for years to come.

Report: The White Sox and Diamondbacks are in on Manny Machado

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Buster Olney of ESPN reports that the White Sox and Diamondbacks have emerged as two of the strongest contenders for Orioles third baseman Manny Machado. It seems like a foregone conclusion that Baltimore will deal their superstar infielder this winter, but nothing appears imminent just yet. While both the White Sox and D-backs have reportedly made serious offers, Orioles owner Peter Angelos is wary of any non-contending team that might be incentivized to flip Machado to the rival Yankees next season.

The White Sox, for their part, have assured the Orioles that they view Machado more as a solid one-year rental than the new face of their franchise, with no immediate plans to deal him elsewhere. Given their current rebuilding status and the unlikelihood that they would contend in 2018, it makes their offer a bit of a head-scratcher — and, as USA Today Sports’ Bob Nightengale points out, they’ve been reluctant to put any top-5 prospects on the table in preliminary negotiations.

The Diamondbacks, on the other hand, are far better positioned to enter the postseason in 2018, though that doesn’t automatically make them the perfect landing spot for Machado. They already have Jake Lamb stationed at third base, and while it’s not inconceivable that they could jettison the Ketel Marte/Chris Owings/Nick Ahmed shortstop platoon for someone of Machado’s talent, his $17 million salary appears to be more than the D-backs are currently capable of absorbing.

The White Sox and D-backs may have exhibited the most interest in Machado so far, but they’re hardly the only contenders here. MASN Sports’ Roch Kubatko maintains that the Cardinals and Yankees remain in discussions for the 25-year-old, with Cardinals’ RHP Jordan Hicks and catcher Carson Kelly drawing interest, as well as Yankees’ top prospect Gleyber Torres. Any deal involving the Yankees still feels like a long shot, however; as Craig mentioned on Wednesday, it makes sense that the club wouldn’t want to see their star player hanging around their division rivals in 2018, and the Yankees should be well prepared to make a run at him in free agency next winter.