Adrian Gonzalez, Red Sox agree on a seven-year, $154 million deal

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Sean McAdam of Comcast New England reports that the Red Sox have agreed to a seven-year, $154 million extension with Adrian Gonzalez. The team plans to announce the deal at press conference later today.

This has been in the works for a long time. Many believe that it was agreed to in principle several months ago and was being held back due to luxury tax implications (i.e. if it was signed after Opening Day, the luxury tax hit won’t come until 2012). But it ain’t official until the ink is put to paper, and that has happened now.

Gonzalez’s $154 million deal would be the biggest contract John Henry has given out since taking over the Red Sox and the second biggest Red Sox contract ever, after Manny Ramirez’s $160 million deal. And in my view, it’s a good investment. Gonzalez seems tailor made for Fenway, and he is one of the best defensive first basemen in the game.

Yankees re-sign Jon Niese to a minor league deal

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The Yankees have re-signed pitcher Jon Niese to a minor league contract, George A. King III of the New York Post reports. Niese was released on Sunday, but he’ll stick around and provide rotation depth for the Yankees.

Niese had knee surgery last August and got a late start to spring training as a result. In six spring appearances lasting an inning each, the lefty gave up three earned runs on five hits and a walk with five strikeouts.

Niese, a veteran of nine seasons, put up an aggregate 5.50 ERA with an 88/47 K/BB ratio in 121 innings last season between the Pirates and Mets.

Orioles acquire Alec Asher from the Phillies

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The Phillies announced on Tuesday that the club traded pitcher Alec Asher to the Orioles for a player to be named later.

Asher, 25, was the victim of a roster crunch. He was not going to make the 25-man roster and the starting rotation at Triple-A Lehigh Valley was already full. The Phillies acquired him from the Rangers in the July 2015 Cole Hamels trade.

Asher had good results in 27 2/3 innings in the big leagues last year, posting a 2.28 ERA with a 13/4 K/BB ratio. While it didn’t show in those stats, the right-hander sometimes struggles with command and he doesn’t miss bats often enough to make up for it. The Orioles, however, are happy to add some pitching depth.