Alex Rodriguez to undergo hip surgery on January 16

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MLB.com beat writer Bryan Hoch passes along news from the Yankees:

The Yankees signed Kevin Youkilis to a one-year, $12 million free agent contract early last month and will feature him as their starting third baseman through at least the first half of the 2013 season.

A-Rod’s owed $28 million in 2013, $25 million in 2014, $21 million in 2015, and $20 million in 2016 and 2017.

Cubs place Brandon Morrow on disabled list with biceps inflammation

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ESPN’s Jesse Rogers reports that the Cubs have placed closer Brandon Morrow on the 10-day disabled with inflammation in his right biceps. Manager Joe Maddon said he doesn’t anticipate Morrow being on the DL for much more than the minimum 10 days. He said, “Velocity was down last outing. I asked him about it after the game and could tell he was holding something back. Said it was just that time of year.”

Morrow, 33, has had an excellent season for the Cubs, saving 22 games with a 1.47 ERA and a 31/9 K/BB ratio in 30 2/3 innings. The right-hander is under contract next year at $9 million and has a 2020 vesting option worth $12 million with a $3 million buyout.

Steve Cishek and Pedro Strop will likely handle save situations while Morrow is out.