Since joining the Phillies, Pedro Martinez is 4-0 with a 3.64 ERA in six starts.
Although Pedro is having as much fun as he had in 2004, when he was a part of the Red Sox first World Championship since 1918, he does feel bad for the Mets, telling Brian Costa of the Star Ledger:
“I feel [...]

Pedro Martinez is scheduled to start for the Phillies tonight in Chicago.
…i am not sure, but i think that may put him on schedule to face the Mets, when the Phillies come to Citi Field the following weekend…

During today’s press conference in Philadelphia, Pedro Martinez said that he wanted to remain with the Mets, but the club didn’t show any interest in him.
Martinez told reporters at Citizens Bank Park:
“I was hoping the Mets would make a move…and they didn’t, so I decided to wait. It wasn’t my decision to not be in [...]

SNY will air the live press conference to announce the Phillies’ signing of Pedro Martinez.
The press conference is scheduled for 12:00 pm EDT today.
Update, 1:45 p.m. by Regis Courtemanche:
Pedro Martinez during today’s press conference commented on the Mets’ interest in re-signing him:
“I was hoping the Mets would make a move and they didn’t, so I [...]

Update, 9:41 am by Michael Baron:
The Phillies will place Pedro Martinez on the 15-day disabled list with a mild shoulder strain.
…I wonder if he will be any impact at all for the Phillies after seeing this…
Original Post:
In an article for MLB.com, Todd Zolecki writes that Pedro Martinez has officially signed with the Philadelphia Phillies after [...]

Gordon Edes of Yahoo! Sports is reporting that Pedro Martinez has passed his physical with the Phillies and a press conference to announce the deal is expected to be held tomorrow.
…I love Pedro, but this is the last team I wanted him to join…

Jayson Stark, in an article on ESPN.com, is reporting that Pedro Martinez is close to signing with the Phillies.
Martinez is reportedly on his way to Philadelphia for a physical, and is close to signing a pro-rated one year deal.

According to Candela Deportiva, free agent RHP Pedro Martinez has signed a one-year, $4 million deal with the Phillies.
…now that this is out there, it usually only takes a matter of time for the likes of Ken Rosenthal, Buster Olney, Jon Heyman, etc., to either confirm or deny the report…
…but, from what i can gather, [...]

Last week on SI.com, Jon Heyman listed the Mets behind the Cubs, Angels, Dodgers and Rays as teams who are likely to sign Pedro Martinez.
However, Bill Shaikin of the Los Angeles Times believes, though the Angels scouted Martinez last Friday, they have ‘no interest’ in pursuing him due to ‘baseball reasons, not financial ones.’
According to Shaikin, [...]

According to Gordon Edes of Yahoo! Sports, the Yankees, Rays, Cubs and Dodgers plan to watch Pedro Martinez throw in the Dominican Republic tomorrow.
Joel Sherman of the New York Post believes the Rays were looking to Martinez to be a relief pitcher, then explains why this is not likely to happen.
Meanwhile, in the Chicago Sun-Times, Gordon Wittenmyer [...]

According to Michael Silverman of the Boston Herald, “Pedro Martinez has been working out six days a week in the Dominican Republic… with scouts from major league teams stopping by to take looks.”
Silverman believes, if Martinez is able to sign a deal with a new team by the end of this month, he’ll be ready [...]

Bart Hubbuch is reporting in his post to Twitter that the Tampa Bay Rays have scheduled a second workout with Pedro Martinez.
According to Hubbuch, Martinez will throw breaking pitches, something he evidently did not do in his first workout.
…Pedro in uniform for the Rays next weekend at Citi Field? The timing could not be better…

Ken Rosenthal of FoxSports.com believes free-agent Pedro Martinez could sign a new contract within two weeks.
According to Rosenthal, “Interest in the free-agent right-hander has intensified.”
…the Angels, Dodgers, Nationals and Rangers have all been linked in rumor to pedro…
However, as Rosenthal explains, “The Mets say they are not interested,” in Martinez.
…i bet the Nationals sign him… [...]

In a report for ESPN.com, Jerry Crasnick takes a look at 11 remaining free agents, including Pedro Martinez and Ben Sheets.
According to Crasnick, Martinez is still waiting for the perfect opportunity to return to action, while Sheets still remains several weeks away from beginning a throwing program, in follow up to off-season elbow surgery.
Crasnick points out [...]

Jon Heyman of SI.com believes free-agent RHP Pedro Martinez has received interest from several teams in the last 10 days.
According to Heyman, “The Dodgers and Indians would appear to be prime candidates to sign Martinez.  Other possibilities include the Phillies, Brewers, Pirates, Diamondbacks and Mets.”
Heyman says Martinez remains in Santo Domingo, ‘working out every day [...]