Report: Mariners agree to one-year deal with left-hander Joe Saunders

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UPDATE: The deal is worth between $5-7 million and includes an option for 2014, according to Scott Boeck of USA Today.

7:46 PM: This isn’t quite on the level of the big Felix Hernandez news, but FOX Sports’ Ken Rosenthal reports that the Mariners have signed left-hander Joe Saunders to a one-year contract, pending a physical. No word yet on the terms involved.

Saunders was reportedly holding out for a multi-year deal this offseason, but his market clearly didn’t develop as hoped. The Orioles and Twins were also mentioned as possible landing spots in recent weeks, but apparently the Mariners had the best offer on the table.

Saunders owns a 4.15 ERA over eight seasons in the majors, including a 4.07 ERA and 112/39 K/BB ratio over 174 2/3 innings last season between the Diamondbacks and Orioles. The 31-year-old will essentially fill the spot of fellow southpaw Jason Vargas, who was traded to the Angels earlier this winter in the Kendrys Morales deal.

Masahiro Tanaka throws two-hit shutout vs. Rays

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Yankees starter Masahiro Tanaka went the distance, holding the Rays scoreless on two hits and one walk with 10 strikeouts across nine innings on Monday night in the Bronx. It’s the fourth shutout of his career, accounting for four of the Yankees’ last six shutouts. The other two were thrown my Luis Severino and Brandon McCarthy.

DJ LeMahieu provided the bulk of the offense, swatting a two-run home run off of Yonny Chirinos in the third inning. Cameron Maybin tacked on a solo homer off of Chirinos in the fifth as the Yankees went on to win 3-0.

After Monday’s performance, Tanaka owns a 3.23 ERA with 84 strikeouts and 20 walks across 92 innings on the season.

With the win, the Yankees increase their lead over the Rays for first place in the AL East to 1.5 games.