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Brad Penny officially signs with Japan’s Softbank Hawks

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According to the Associated Press, via the San Diego Union-Tribune, the Softbank Hawks of Nippon Professional Baseball announced Sunday on their team website that veteran right-hander Brad Penny has officially agreed to a contract for 2012.

Terms of the deal have not been released. Penny is expected to travel to Japan on Wednesday.

The 33-year-old struggled to find much free agent interest from major league teams this winter after registering a rough 5.30 ERA, 1.56 WHIP and 74/62 K/BB ratio across 181 2/3 innings last season for the Tigers. Once regarded as a dangerous power pitcher, his fastball averaged a nine-year low 92.6 mph in 2011. The pitch averaged 94.1 mph in 2010, when Penny posted a 3.23 ERA and 35/9 K/BB ratio in 55 2/3 frames for the Cardinals before experiencing back problems.

UPDATE, 1:59 PM: According to FOX Sports’ Ken Rosenthal, Penny’s contract is worth $4 million. It also carries $3.5 million worth of incentives and a $4.5 million mutual option for 2013.

Phillies sign outfielder Michael Saunders

CLEVELAND, OH - MAY 3: Michael Saunders #21 of the Toronto Blue Jays runs to first after being walked during the third inning against the Cleveland Indians at Progressive Field on May 3, 2015 in Cleveland, Ohio. (Photo by Jason Miller/Getty Images)
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The Phillies have signed free agent outfielder Michael Saunders.

Saunders was an All-Star in 2016 due to his wonderful start, but he cratered in the second half of the season. Overall is numbers looked good — he hit 24 homers and posted a line of .253/.338/.478, but his second half line was .178/.282/.357 in 58 games. He’s not the best defender around either.

The Phillies could use him, however, and if he has another red hot first half, there’s a decent chance they could flip him if they wanted to.

Jose Bautista and the Blue Jays nearing a two-year, $35-40 million deal

Toronto Blue Jays Jose Bautista flips his bat after hitting a three-run homer during seventh inning game 5 American League Division Series baseball action in Toronto on Wednesday, Oct. 14, 2015. (Nathan Denette/The Canadian Press via AP) MANDATORY CREDIT
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It was first reported that the Blue Jays and Jose Bautista were close to a deal last night. Now Ken Rosenthal reports that the deal is near completion. It will likely a two-year contract in the $35-40 million range.

Bautista had a tough 2016, hitting .234/.366/.452 with 22 home runs and 69 RBI, and some clubs likely considered a long-term deal for the 36-year-old too risky, this leading to the relative lack of reported interest in Bautista by other clubs. But back-to-back ALCS appearances by the Jays and the success and popularity Bautista has experienced in Toronto make his re-signing there a pretty sensible move for all involved.

The Jays, who already lost Edwin Encarnacion to free agency, get their slugger back on a short term deal. Unlike anyone else, they don’t have to give up the draft pick attached to him via the qualifying offer. Bautista, in turn, will make, on average, more than he would’ve made on the qualifying offer if he would’ve accepted it and a raise over the $14 million he made in 2016.