Jerry Crasnick of ESPN.com, citing a ‘baseball source,’ reports the Yankees have signed free-agent RHP A.J. Burnett to five-year, $82.5 million contract pending a physical.
Burnett was 18-10 with a 4.07 ERA in 35 starts with the Blue Jays this season.
As noted earlier today on MetsBlog, Joel Sherman of the New York Post reported the Yankees [...]

According to Jayson Stark, on the blog for ESPN.com, the Mets had a meeting scheduled today with Scott Boras to discuss both Derek Lowe and Oliver Perez.
“They also plan to meet with the agents for Randy Wolf and Jon Garland,” Stark reports.
Speaking of starting pitchers…
Stark also reports the Phillies are not pursuing Lowe, despite reports [...]

The Nationals are willing to give Mark Teixeira a 10–year deal, while the O’s are willing to give a nine-year deal, reports the Los Angeles Times.
The Braves have offered A.J. Burnett a five-year, $80 million contract, according to Gerry Fraley of FoxSports.com.
The Cardinals offered OF Rick Ankiel to the Mariners for closer J.J. Putz, according to [...]

Andrew Baggerly of the Mercury News believes that CC Sabathia has rejected the Yankees six-year offer, though he admits to this being an unconfirmed report.
According to Baggerly, while the Brewers are considered the front runners, “the Giants had discussions with Sabathia’s camp last night, and they expect to have face-to-face meetings with the left-hander in [...]

According to the Baltimore Sun, the O’s have been in contact with Jon Garland.
The Los Angeles Times wrote yesterday that Garland is seeking a two– or three-year deal, and three teams are showing interest in him.
Yesterday, at FoxSports.com, Ken Rosenthal said Garland is on Omar Minaya’s radar, since the team does not want to spend top [...]

This morning on ESPN’s Mike and Mike in the Morning, Buster Olney said he believes A.J. Burnett will sign a contract this week.
Yesterday, ESPN’s Peter Gammons said talks between the Braves and Burnett are progressing well.
However, according to Jon Heyman at SI.com, ‘The Yankees are prepared to top Atlanta’s reported $60 million, four-year offer to Burnett.’
Meanwhile, according to [...]

In a post to the Los Angeles Times, Mike DiGiovanna reports three teams are interested in free-agent Jon Garland, according to the player’s agent.
Garland is seeking a two– or three-year deal, says DiGiovanna.
Earlier today, at FoxSports.com, Ken Rosenthal said Garland is on Omar Minaya’s radar, since the team does not want to spend top dollar for a [...]

In a report for FoxSports.com, Ken Rosenthal says the Mets are unlikely to pay top dollar for a starting pitcher.
Instead, writes Rosenthal, free-agent RHP Jon Garland is on the team’s radar, ‘and would fit the back of their rotation.’
Last week, in the Daily News, John Harper said the Mets had interest in Garland as well, while also [...]

Padres GM Kevin Towers told reporters that while 15 teams have contacted him about Jake Peavy, he is only in talks with the Cubs.
Towers also said he is likely to keep Peavy for 2009, if he’s unable to make a trade by the end of this week.
Towers said he looking for three or four major-league ready prospects, which [...]

According to Jayson Stark, at ESPN.com, the Phillies and free-agent LHP Jamie Moyer are still having issues in working out a new contract, leaving the pitcher to contact other teams.
Meanwhile, in a recent on-air report for ESPN News, ESPN.com’s Peter Gammons said representatives for A.J. Burnett will meet with the Braves this week in Las Vegas, [...]

In a post to his blog for 1050 ESPN Radio, after having talked with the team’s GM, Andrew Marchand reports the Braves offered A.J. Burnett a four-year deal, with a fifth-year option.
However, according to ESPN News, Atlanta has guaranteed the fifth year in its offer.
Olney recently wrote that if a team offered five years, Burnett would likely accept [...]