UPDATE: Twins, Matt Capps come to terms on one-year, $4.75 million deal

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9:10 p.m. EST update: Capps will earn $4.5 million in 2012, according to ESPN 1500’s Darren Wolfson. The option is worth $6 million and includes a $250,000 buyout.

6:55 p.m. EST update: Capps and the Twins have a deal for one year with an option for 2013, Danny Knobler of CBS Sports reports.

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Matt Capps will likely re-sign with the Twins, a source tells Steve Popper of the Bergen Record.

While no one else is confirming the news, it could be telling that the Red Sox are now out of the hunt for Capps, according to Scott Lauber of the Boston Herald.

A Capps-Twins reunion seemed highly unlikely a few months ago, what with Capps routinely getting booed off the mound on his way to blowing nine saves during a rough 2011 season. He did pitch somewhat better late in the year as a setup man for Joe Nathan, but he was never dominant at any point. More discouraging than his 4.25 ERA was the fact that he fanned just 34 batters in 65 2/3 innings. He struck out 59 in 73 innings for Washington and Minnesota in 2010.

Capps, though, is a better fit in Target Field than he would be most anywhere else. He gives up a lot of long flyballs, but most of those turn into outs in Minnesota and he hardly ever walks anyone. It’d still probably make more sense for the Twins to take the draft pick they’d get with his departure and go sign Octavio Dotel instead, but Capps probably will pitch somewhat better in 2012.

Rockies acquire Zac Rosscup from Cubs

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The Rockies announced a minor swap of relief pitchers on Monday evening. The Cubs sent lefty Zac Rosscup to the Rockies in exchange for right-hander Matt Carasiti.

Rosscup, 29, was designated for assignment by the Cubs last Thursday. He spent only two-thirds of an inning in the majors this year and has a 5.32 career ERA across 47 1/3 innings. Rosscup has spent most of the season with Triple-A Iowa, posting a 2.60 ERA in 27 2/3 innings.

Carasiti, 25, spent 15 2/3 innings in the majors last year, putting up an ugly 9.19 ERA. With Triple-A Albuquerque this season, he compiled a 2.37 ERA and a 43/13 K/BB ratio in 30 1/3 innings.

U.S. Court of Appeals affirms ruling that the minor leagues are exempt from federal antitrust law

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The Associated Press reported that on Monday, the U.S. Court of Appeals for the 9th Circuit affirmed a district court ruling which holds that the minor leagues are exempt from federal antitrust law, just like the major leagues.

In 2015, four minor leaguers sued Major League Baseball, alleging that MLB violated antitrust laws with its hiring and employment policies. They accused MLB of “restrain[ing] horizontal competition between and among” franchises and “artificially and illegally depressing” the salaries of minor league players.

The U.S. Court of Appeals said the players failed to state an antitrust claim, as the Curt Flood Act of 1998 exempted Minor League Baseball explicitly from antitrust laws.

This case is separate from the Aaron Senne case in which Major League Baseball is accused of violating the Fair Labor Standards Act. That case was recertified as a class action lawsuit in March. In December, Major League Baseball established a political action committee (PAC), which came months after two members of Congress sought to change language in the FLSA so that minor league players could continue to be paid substandard wages.