Michael Young

UPDATE: Phillies acquire Michael Young from Rangers

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UPDATE: The deal is done, according to USA Today’s Bob Nightengale. Young, the Rangers’ all-time leader in hits and games played, has been traded to the Phillies.

Nightengale hears that Young agreed to the deal after receiving $1.2 million in benefits from the Rangers and a full no-trade clause from the Phillies. The Rangers agreed to pay about $10 million of Young’s $16 million salary for 2013, so it’s a relatively low-risk gamble for Philadelphia. Still, that’s a pretty old infield.

1:20 PM: Evan Grant of the Dallas Morning News reports that Young has “indicated a willingness” to accept a trade to the Phillies. However, the deal is not finalized because some of the financial aspects still need to be worked out.

Young is expected to get some form of compensation for waiving his full no-trade clause while MLB must approve the salary (more than $10 million, says Grant), being covered by the Rangers. But it sounds pretty close to being done. Grant hears that the Phillies will send reliever Josh Lindblom and prospect right-hander Lisalverto Bonilla to Texas.

10:28 AM: Michael Young has been taking his time to decide whether to waive his no-trade clause and accept a trade to the Phillies. But it appears that he has come to a decision.

T.R. Sullivan of MLB.com was told by industry sources that Young is expected to OK the deal and that the trade could go down as soon as today. The 36-year-old was expected to have a diminished role with the Rangers in 2013, so it makes for a pretty easy baseball decision, but Jeff Passan of Yahoo! Sports hears that the biggest consideration was his family.

Young batted .277/.312/.370 with eight home runs, 67 RBI and a career-low .682 OPS this past season and is expected to take over as the Phillies’ starting third baseman in 2013. The Rangers will reportedly cover at least half of Young’s remaining $16 million salary, as well as receive a reliever and prospect in return.

Report: Dodgers could pursue three-year deal with Rich Hill

LOS ANGELES, CA - OCTOBER 18:  Rich Hill #44 of the Los Angeles Dodgers pitches in the first inning against the Chicago Cubs in game three of the National League Championship Series at Dodger Stadium on October 18, 2016 in Los Angeles, California.  (Photo by Harry How/Getty Images)
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Free agent left-hander Rich Hill is rumored to be entertaining a three-year, $40+ million offer from the Dodgers, reports Peter Gammons. The Boston Globe’s Nick Cafardo corroborated the report, adding that Hill could receive somewhere between $46 and $48 million from his former team.

Hill, 36, pitched to a 2.12 ERA and 3.91 FIP in back-to-back stints with the Athletics and Dodgers in 2016. While a chronic case of blisters on his pitching hand limited the frequency of his starts, he still figures to be one of the most productive and noteworthy starting pitchers on the market this winter.

The Orioles, Yankees, Red Sox, Rangers and Astros have all been mentioned as potential suitors for the left-hander’s services, though Orioles’ GM Dan Duquette said the club has yet to make a play for Hill and ESPN’s Jim Bowden pointed out that the Red Sox are less involved in trade talks than other interested parties.

Yankees in, Red Sox out on Edwin Encarnacion

TORONTO, ON - OCTOBER 19:  Edwin Encarnacion #10 of the Toronto Blue Jays looks on against the Cleveland Indians during game five of the American League Championship Series at Rogers Centre on October 19, 2016 in Toronto, Canada.  (Photo by Vaughn Ridley/Getty Images)
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In light of the Astros’ deal for veteran designated hitter Carlos Beltran on Saturday, the Yankees are thought to be intensifying their pursuit of free agent Edwin Encarnacion, reports Jon Morosi of FOX Sports. The Yankees never made an official offer to Beltran, but remain in need of a DH/first baseman to give them a little more power outside of a Tyler AustinGreg Bird combo in 2017.

The Red Sox, on the other hand, are reportedly withdrawing their interest when it comes to the Encarnacion sweepstakes. According to FanRag Sports’ Jon Heyman, they will look for a hitter to beef up their lineup without taking a “big plunge” on the 34-year-old.

Encarnacion enjoyed another All-Star run with the Blue Jays in 2016, hitting at a .263/.357/.529 clip with 42 homers and a league-leading 127 RBI in 702 PA. He’s expected to command a significant contract in free agency, and agent Paul Kinzer said that a potential deal is unlikely to be finalized before the Winter Meetings as Encarnacion is not close to agreeing to any offer. Interested teams include the Blue Jays and the Astros, though Beltran’s signing appears to have effectively taken Houston out of the running for the slugger.