UPDATE: Twins, Matt Capps come to terms on one-year, $4.75 million deal

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9:10 p.m. EST update: Capps will earn $4.5 million in 2012, according to ESPN 1500’s Darren Wolfson. The option is worth $6 million and includes a $250,000 buyout.

6:55 p.m. EST update: Capps and the Twins have a deal for one year with an option for 2013, Danny Knobler of CBS Sports reports.

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Matt Capps will likely re-sign with the Twins, a source tells Steve Popper of the Bergen Record.

While no one else is confirming the news, it could be telling that the Red Sox are now out of the hunt for Capps, according to Scott Lauber of the Boston Herald.

A Capps-Twins reunion seemed highly unlikely a few months ago, what with Capps routinely getting booed off the mound on his way to blowing nine saves during a rough 2011 season. He did pitch somewhat better late in the year as a setup man for Joe Nathan, but he was never dominant at any point. More discouraging than his 4.25 ERA was the fact that he fanned just 34 batters in 65 2/3 innings. He struck out 59 in 73 innings for Washington and Minnesota in 2010.

Capps, though, is a better fit in Target Field than he would be most anywhere else. He gives up a lot of long flyballs, but most of those turn into outs in Minnesota and he hardly ever walks anyone. It’d still probably make more sense for the Twins to take the draft pick they’d get with his departure and go sign Octavio Dotel instead, but Capps probably will pitch somewhat better in 2012.

Report: Astros extend Justin Verlander for two years, $66 million

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The Astros are in agreement with right-hander Justin Verlander on a two-year, $66 million extension, Mark Feinsand of MLB.com was among those to report on Friday. With no money deferred, the $33 million he’ll receive over the next two years will set a record AAV for major-league pitchers; something MLB Network’s Jon Heyman says matters to Verlander, who “cares how his deals affect markets (and fellow players).”

While it’s far from the five-year, $100 million extension teammate Alex Bregman signed with the club on Friday, the deal will give the Astros a bigger window to consider their long-term plans for the ace before he hits free agency again. Prior to Saturday’s agreement, Verlander’s original contract — the hefty seven-year, $180 million arrangement he reached with the Tigers in 2013 — was set to expire at the conclusion of the 2019 season.

It’s difficult to overestimate the value Verlander has provided to the Astros since they acquired him from the Tigers back in 2017. He was named the 2017 ALCS MVP following seven shutout innings in a must-win Game 6 performance and helped the Astros clinch their first franchise World Series title. In 2018, he earned his seventh career All-Star distinction and received consideration for both AL Cy Young and MVP awards after pitching to a 16-9 record in 34 starts with a 2.52 ERA, 1.6 BB/9, 12.2 SO/9 (the product of a career-high 290 strikeouts), and 6.7 fWAR over 214 innings.

The deal has not been confirmed by the team.