UPDATE: Buster Olney reports that the deal is done. As Morosi reported, $3 million. The incentives are richer than usual, however, amounting to another $3 million.
5:55 AM: Following up on last night’s reports from Brad Penny himself, Jon Paul Morosi says this morning that the Tigers and Brad Penny are on the verge of a one-year, $3 million deal. Morosi says there will be incentives too. Worth noting that Morosi first connected Penny and the Tigers back in mid-December.
Seems like a good deal for Penny who, before an injury last season, had nine good starts. Remember: he started things off going was 3-0 with a 0.94 ERA last year. He says he’s getting in shape now, though, and if that makes a difference, he could be one of the better putative fifth starters around.