Diamondbacks and Miguel Montero agree to five-year, $60 million extension

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Jon Paul Morosi of FOXSports.com reports that the Diamondbacks and catcher Miguel Montero have agreed to a five-year, $60 million contract extension. The deal is expected to be officially announced at a press conference tomorrow.

Montero was due to hit free agency this offseason, but he’ll now be signed through the 2017 season. The new deal falls short of Yadier Molina’s recent five-year, $75 million extension with the Cardinals, but it’s still a nice chunk of change for someone who is just realizing his potential. The Diamondbacks paid a premium knowing that he would be highly-coveted on the open market this winter.

Montero, 28, owns a .270/.339/.442 batting line since making his major league debut in 2006. He’s off to a bit of a slow start this year and suffered a groin strain earlier this week, but he batted .282/.351/.469 with 18 home runs, 86 RBI and an .820 OPS last season while throwing out 40 percent of attempted basestealers.

Indians sign Melky Cabrera to a minor league deal

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The Indians have signed free agent outfielder Melky Cabrera to a minor league deal. The pact is pending a physical.

Cabrera, 33, went unsigned this past offseason after putting up a season of .285/.324/.423 with 17 homers and 85 RBI with the White Sox and the Royals.

Cabrera will report to Columbus once he passes his physical and, according to Paul Hoynes, there are no guarantees being made to him that he’ll get playing time. That said, the Indians aren’t getting much outfield production from anyone besides Michael Brantley, and Cabrera’s status as a switch hitter would give Terry Francona some flexibility, so it would not be shocking to see him on the big club after some reps in the minors.