UPDATE: Francisco Liriano only guaranteed $1 million in deal with Pirates

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UPDATE: According to Tom Singer of MLB.com, Liriano will only be guaranteed $1 million. He could make an additional $11.75 million if he reaches certain bonuses and has his option vest for 2014. That was quite a costly fall.

10:48 PM: The Pirates just officially announced the deal. Liriano will get a one-year contract with a vesting option for 2014, so it appears he will have to prove his health this season in order to receive the money he was originally in line to get prior to breaking his arm.

2:48 PM: Francisco Liriano agreed to a two-year, $12.75 million deal with the Pirates back mid-December, but the signing was put on hold and potentially put in jeopardy when Liriano broke his non-throwing arm in a bathroom fall.

There was talk of the Pirates re-working some of the language in the contract and even some speculation that they might back out of the deal completely, but Ken Rosenthal of FOXSports.com reports that the two sides have finalized things six weeks later.

Liriano has had an ERA above 5.00 in back-to-back seasons and infuriated the Twins and White Sox with his inability to throw strikes, but he’s also still just 29 years old with good fastball velocity, a devastating slider, and 480 strikeouts in 483 innings since 2010.

Phillies, Red Sox interested in Carlos Santana

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The Phillies and Red Sox appear intent on pursuing free agent first baseman Carlos Santana, MLB Network’s Jon Morosi reports. Santana rejected a one-year, $17.4 million qualifying offer from the Indians on Thursday and is expected to draw widespread interest on the market this winter. The Mets, Mariners, Angels and Indians could make a play for the infielder, though no serious offers have been made this early in the offseason.

Santana, 31, is coming off of a seven-year track with the Indians. He batted .259/.363/.455 with 23 home runs and 3.0 fWAR last season, making 2017 the fourth-most valuable year of his career to date. Although he was primarily stationed at first base over the last year, he could step back into a hybrid first base/DH role with the Red Sox, who are hurting for infield depth with Hanley Ramirez still working his way back from shoulder surgery.

As for Santana’s other suitors, the Mariners are far less likely to pursue a deal after trading for Ryon Healy last Wednesday. Neither the Mets nor the Phillies have a DH spot to offer the veteran infielder, and the Phillies’ Rhys Hoskins appears to be blocking the way at first base. Then again, Santana may not find a more enticing offer outside of Cleveland, where Edwin Encarnacion might otherwise be the club’s best option at first base. During the GM meetings, Indians’ GM Mike Chernoff said he “love to have both [Santana and Jay Bruce] back” in 2018, but hasn’t backed up that love with any contract talks just yet.