Report: The Rays are “deep into discussions” with Grant Balfour

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Earlier this afternoon word began to circulate that the Tampa Bay Rays plan a “significant baseball-related announcement” today, and that the team’s owner, GM and manager will all be on hand for it. While many folks had a lot of fun speculating fantastical possibilities, Jeff Passan of Yahoo! reports that the Rays are “deep into discussions with closer Grant Balfour. Suggesting that the announcement today will be a signing.

Balfour had a deal in place with the Orioles last month, but the team put the kibosh on it due to concerns about his wrist that they say came up during his physical. Balfour forcefully denied that anything was wrong with him.

Balfour posted a 2.35 ERA in his three years with Oakland while notching 64 saves. He pitched for the Rays from 2007 through 2010, so this would be a homecoming. And being in the same division as the Orioles, expect a lot of glares up to the GM’s box every time he closes one out in Baltimore.

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.