Ryan Dempster, Red Sox agree to two-year, $26.5 million deal

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UPDATE: Rosenthal says it’s a two-year, $26.5 million deal, so by turning down the previous two-year offer Dempster gets a little extra cash and the Red Sox still manage to avoid a three-year commitment.

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Yesterday the Red Sox and Ryan Dempster were said to be in serious negotiations and now Ken Rosenthal of FOXSports.com reports that the two sides are “close” to an agreement.

No word yet on the money or years involved, but previous reports had Dempster turning down a two-year, $25 million offer from Boston.

If the Red Sox agree to give him a three-year deal it’s a big risk, as Dempster is 35 years old and got knocked around in his first taste of the American League following a midseason trade to the Rangers. For the most part, though, he’s been a solid No. 2 or No. 3 starter, posting a 3.74 ERA and 911 strikeouts in 997 innings during the past three seasons, including a 3.38 ERA in 173 total innings this year.

Giancarlo Stanton will defend his Home Run Derby title

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The Marlins announced on Sunday that outfielder Giancarlo Stanton will defend his Home Run Derby title when the city of Miami host’s the All-Star Game festivities next month.

Stanton, 27, defeated Todd Frazier in the finals of last year’s Home Run Derby at Petco Park, hitting 20 home runs to Frazier’s 13. Stanton hit a total of 61 home runs in the Derby. This will be the third Home Run Derby in which Stanton has participated.

Stanton also went 1-for-3 with a solo home run to help the Marlins defeat the Cubs 4-2 on Sunday. He’s now batting .274/.357/.551 with 20 home runs and 49 RBI in 311 plate appearances.

Aaron Hicks to go on the disabled list with an oblique injury

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Yankees outfielder Aaron Hicks left Sunday’s game against the Rangers after four innings due to soreness in his right oblique. After the game, Hicks said he expects to go on the 10-day disabled list and miss the next three to four weeks, MLB.com’s Bryan Hoch reports.

Hicks was 1-for-2 with a single before departing on Sunday. He entered the game batting .288/.397/.515 with 10 home runs and 37 RBI in 198 plate appearances. It is by far the best season of his career.

Jacoby Ellsbury is on his way back from a concussion, so the Yankees will only have to bridge the gap in center field for a week or two. Mason Williams could draw some starts in center field in the meantime.