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Yankees, Brian McCann agree to five-year, $85 million deal

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UPDATE: FOX Sports’ Ken Rosenthal reports that the Yankees and McCann have reached agreement on a deal, pending a physical.

McCann will get five years and $85 million with a vesting option for a sixth year which could bring the total to $100 million. His $17 million AAV (average annual value) is the highest-ever for a catcher signed via free agency. The Twins’ Joe Mauer has a $24 million AAV, but it was part of an extension.

The Yankees still have Robinson Cano to worry about and spots in the rotation to fill, so one wonders whether keeping their payroll $189 million next season is still a goal. Of course, the Yankees would get significant savings if A-Rod’s 211-game suspension is upheld, but we may not know the answer to that until after the holidays.

5:41 p.m. ET: FOX Sports’ Ken Rosenthal now reports that the Yankees and McCann are close to a five-year deal worth more than $80 million.

5:25 p.m. ET: FOX Sports’ Ken Rosenthal hears that the Yankees and McCann remain in “serious” discussions, but that a deal is not yet close. CBS Sports’ Jon Heyman is reporting the same.

5:17 p.m. ET: According to Evan Grant of the Dallas Morning News, Brian McCann is on the verge of signing a long-term contract with the Yankees.

McCann was also being courted by the Rangers, but Grant was told by two sources that the free agent catcher has ruled them out as an option. While one source tells Grant that a deal with the Yankees is close, naturally McCann’s agent declined to confirm that anything is imminent.

Landing McCann would obviously be huge for the Yankees, who had a miserable .213/.289/.298 batting line from their catchers this past season after they let Russell Martin walk. Only the Blue Jays, Mariners, White Sox, and Marlins had a worse OPS than the Yankees (.587) at the position.

McCann returned from shoulder surgery to hit .256/.336/.461 with 20 home runs and 57 RBI over 102 games this year. He has amassed at least 20 home runs in each of the last six seasons and seven out of the last eight. He’ll turn 30 years old in February. The Braves extended a qualifying offer to McCann before he hit free agency, so the Yankees would have to surrender their first-round pick (No. 18 overall) in order to sign him.

Report: Dexter Fowler will take a physical in St. Louis on Friday

CLEVELAND, OH - NOVEMBER 02:  Dexter Fowler #24 of the Chicago Cubs reacts after lining out during the third inning against the Cleveland Indians in Game Seven of the 2016 World Series at Progressive Field on November 2, 2016 in Cleveland, Ohio.  (Photo by Ezra Shaw/Getty Images)
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Update (8:51 PM EST): The deal is in place, according to Heyman.

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Update (8:27 PM EST): Derrick Goold of the St. Louis Post-Dispatch reports that the Cardinals made an “over-the-top offer” to Fowler to ensure he’d sign.

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Frank Cusumano of KSDK Sports reports that free agent outfielder will take a physical in St. Louis on Friday. Presumably, that means that Fowler and the Cardinals have gotten pretty far along in negotiations.

Jon Heyman of FanRag Sports recently reported that Fowler was looking for $18 million per year. The Blue Jays reportedly made an offer to Fowler in the four-year, $16 million range several days ago. The Cardinals’ offer to Fowler, if there is indeed one, is likely somewhere between the two figures.

Fowler, 30, is coming off of a fantastic year in which he helped the Cubs win their first World Series since 1908. During the regular season, he hit .276/.393/.447 with 13 home runs, 48 RBI, 84 runs scored, and 13 stolen bases in 551 plate appearances.

Fowler rejected the Cubs’ $17.2 million qualifying offer last month. While the QO compensation negatively affected Fowler’s experience in free agency last offseason — he didn’t sign until late February with the Cubs — his strong season is expected to make QO compensation much less of an issue.

Braves acquire Luke Jackson from the Rangers

ARLINGTON, TX - SEPTEMBER 16:  Relief pitcher Luke Jackson #53 of the Texas Rangers  throws during the ninth inning of a baseball game against the Houston Astros at Globe Life Park on September 16, 2015 in Arlington, Texas. Texas won 14-3. (Photo by Brandon Wade/Getty Images)
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Tommy Stokke of RanRag Sports reports that the Braves and Rangers agreed to a trade. According to ESPN’s Keith Law, the Braves will receive pitcher Luke Jackson from the Rangers in exchange for pitchers Tyrell Jenkins and Brady Feigl.

Jackson, 25, is under team control through 2022. He has logged only 18 innings in the majors, yielding 14 runs on 22 hits and eight walks with three strikeouts. While Jackson has struggled with control, the Braves likely see upside because his fastball sits in the mid- to high-90’s.

Jenkins, 24, is also under team control through 2022. The right-hander made eight starts and six relief appearances in his first major league season in 2016, putting up a 5.88 ERA with a 26/33 K/BB ratio over 52 innings.

Feigl, 25, was an undrafted free agent and was signed by the Braves in 2013. The lefty underwent Tommy John surgery in 2015 and briefly rehabbed in rookie ball this past season.