Sports

Jake Peavy has reached an agreement on a two-year, $24 million contract with the Giants. The deal will pay Peavy base salaries of $7 million in 2015 and $13 million in 2016, the source said. It includes a $4 million signing bonus, a full no-trade clause and an awards package. Peavy, 33, is 139-111 with a 3.53 ERA in parts of 13 seasons with San Diego, the Chicago White Sox, Boston and San Francisco. He is a three-time All-Star who won the National League Cy Young Award with the Padres in 2007. A

Right-hander Gavin Floyd has agreed to a $4 million, one-year contract with the Cleveland Indians, giving him a chance to make a comeback from his latest elbow surgery. The deal, announced Tuesday, allows him to earn an additional $6 million in performance bonuses. The 31-year-old broke a bone in his elbow while throwing a curveball with Atlanta last June. He had surgery and couldn't resume throwing until after the season. That injury occurred during his ninth start since returning from Tommy Jo

L.A. Dodgers have ended the N.Y. Yankees’ 15-year streak as Major League Baseball's biggest spenders and owe more than $26.6 million in luxury tax. The Dodgers finished with a record payroll of $257,283,410, according to final calculations made by Major League Baseball on Friday and obtained by The Associated Press. That is more than $20 million above the previous high, set by the Yankees last year. For the first time since the current luxury tax began in 2003, the Yankees won't be paying the mo

A man who severely beat a San Francisco Giants fan outside Dodger Stadium has pleaded guilty to a federal weapons charge. Marvin Norwood pleaded guilty Thursday in Los Angeles to being a felon in possession of firearms. He faces 10 years in prison when he's sentenced May 7. Norwood, 34, and Louie Sanchez, 32, were sentenced to state prison for the 2011 stadium attack that left Bryan Stow with permanent brain damage. Federal authorities arrested Norwood when he finished serving time in the beatin

Kris Medlen and Brandon Beachy are becoming free agents following decisions by the Braves not to offer 2015 contracts to the right-handers, both recovering from their second Tommy John surgeries. The Braves failed to offer a contract to right-hander Gus Schlosser. Medlen and Beachy, once considered rising stars in the rotation, did not pitch in 2014 after they had ligament-replacement surgeries during spring training. Medlen won a combined 25 games in 2012 and 2013. He excelled as a reliever

Infielder Yunel Escobar is heading to the Nationals and All-Star reliever Tyler Clippard is going to the Athletics, thanks to the ninth deal between those clubs in a little more than four years. The swap gives Washington a player who could solve its search for a starting second baseman. Escobar could play shortstop for the Nationals if they wind up trading away, or fail to agree to a new contract with Ian Desmond, who can become a free agent after next season. The A's just picked up Escobar from

Outfielder Bryce Harper has agreed to a two-year, $7.5 million contract with the Nationals, avoiding a scheduled grievance hearing this week with the team. The Nats released a statement confirming a deal had been reached. "We are pleased to have reached an agreement today with Bryce Harper," the statement read. "This is a fair agreement that benefits both sides. We look forward to seeing Bryce on the field this spring and working towards a 2015 World Series Championship." The Major League Bas

Matt Kemp has joined the Padres after San Diego and the Los Angeles finalized a five-player trade. The teams agreed to the trade last week during the winter meetings in San Diego. It was the first of three big deals by new Padres general manager A.J. Preller, who also has added outfielder Wil Myers, the 2013 AL Rookie of the Year, from Tampa Bay and All-Star catcher Derek Norris from Oakland. The Padres, desperate to pump up the worst offense in the majors, also get $32 million from the Dodgers

The Padres have signed pitcher Brandon Marrow to a one-year contract worth $2.5 million. Morrow can earn an additional $5 million in bonuses for starting and $1 million for relieving. The 30-year-old Morrow has spent the last five seasons with the Blue Jays, who recently declined the right-hander's $10 million option for 2015. Morrow has battled various injuries in recent seasons, including a hand injury that limited him to just 13 games, six starts in 2014, when he went 1-3 with a 5.67 ERA. A f

A figure in the investigation into use of banned performance-enhancing substances by Major League Baseball players was sentenced to less than 2½ years in prison after pleading guilty to conspiring to distribute testosterone. Jorge Velazquez told U.S. District Judge Cecilia Altonaga Tuesday that he is sorry for what happened. The Miami Herald reports the judge agreed to let him surrender to authorities on Jan. 12. Velazquez admitted being a drug supplier for Anthony Bosch, who ran the now-closed

The Plillies and pitcher Aaron Harang have agreed to a one-year, $5 million deal. The 36-year-old right-hander had a bounce-back year after signing with the Braves before last season, finishing 12-12 with a 3.57 ERA in 33 starts. He pitched 204 1/3 innings, the first time he surpassed 200 innings since 2007, when he was with the Reds. "Aaron brings a wealth of experience and durability to our rotation," Phillies general manager Ruben Amaro Jr. said in a statement. "He had a very solid season for

The Pittsburgh Pirates acquired utility man Sean Rodriguez from the Tampa Bay Rays on Monday for a player to be named later and cash. Rodriguez was designated for assignment by the Rays last week. To make room for Rodriguez on their 40-man roster, the Pirates designated first baseman Gaby Sanchez for assignment. The 29-year-old Rodriguez, who is eligible for salary arbitration, hit .211 in 237 at-bats and set career bests with 12 home runs and 41 RBIs for the Rays last season. He saw time at

The Pirates have reached an agreement Monday with South Korean shortstop Jung-Ho Kang on a four-year deal worth approximately $16 million. The deal, which is pending a physical, also has an option for a fifth year, the source said. The Pirates had a 30-day window to come to an agreement after winning negotiating rights on Dec. 22. Kang, 27, hit .356 with 40 home runs and 117 RBIs in 501 plate appearances for the Nexen Heroes of the Korean Baseball Organization in 2014. He flew to Pittsburgh on W

The Texas Rangers announced the signing of right-handed reliever Kyuji Fujikawa to a one-year deal with a club option for 2016. Fujikawa will receive a base salary of $1 million with the opportunity to earn incentives. The deal will become official once the Rangers clear a spot on their 40-man roster. Fujikawa, 34, spent two seasons with the Chicago Cubs, compiling a 5.04 ERA in 27 appearances. He underwent Tommy John surgery in the summer of 2013 and missed 14 months. He returned toward the end

The Los Angeles Dodgers acquired outfielder from the Cincinnati Reds in exchange for right-hander Matt Magill. Heisey, who will turn 30 this month, is a .247 career hitter with 50 home runs over parts of five seasons with Cincinnati. He is eligible for salary arbitration and is projected to earn slightly more than $2 million in 2015. The Reds dealt him several hours in advance of Tuesday night's MLB non-tender deadline. The Dodgers already had a glut of outfielders with Matt Kemp, Carl Crawfo

The Rockies bolstered their defense and provided their young pitching staff with an experienced veteran behind the plate Monday when they finalized a $6.25 million two-year contract with catcher Nick Hundley. His signing creates some uncertainty about Wilin Rosario’s playing time -- if not his future -- in Colorado. Rosario has plenty of pop at the plate but passed balls and wild pitches are something the Rockies need to cut down on to jumpstart their rebuilding process. The Rockies, who announc

Royals outfielder Alex Gordon has had surgery on his right wrist, and the four-time Gold Glove winner should be ready for the season opener against the White Sox on April 6. The surgery, an extensor retinaculum repair, was performed by Dr. Bruce Toby at the University of Kansas Hospital on Tuesday. It is not yet clear when Gordon will be able to start in spring training. Royals trainer Nick Kenney says in a statement that Gordon reached out to the team about some wrist discomfort last week. Gord

The Royals have reached agreement with free-agent outfielder Alex Rios on a one-year, $11 million contract. Rios, 33, is a .278 career hitter with 165 home runs in 11 big league seasons with Toronto, the White Sox and Texas. He batted .280 for the Rangers last season, but produced only four home runs and 54 RBIs in 131 games. Rios will fill the right-field void in Kansas City created by the departure of Norichika Aoki to free agency. He joins Kendrys Morales who agreed to a two-year, $17 million

Edinson Volquez watched the Royals make their surprising run to the World Series this past autumn and thought to himself, "Maybe I want to be a part of things there." Volquez finalized a $20 million, two-year contract that includes a mutual option for the 2017 season and was announced during a brief news conference at Kauffman Stadium. The right-handed Volquez, coming off one of the best seasons of his career with Pittsburgh, will make $7.5 million this season and $9.5 million next season. The o

The Kansas City Royals finalized a $17 million, two-year deal with the veteran slugger Tuesday. Kansas City made the postseason as a wild card this year and went all the way to the World Series before losing to San Francisco in Game 7. "At first I didn't think maybe they would make the playoffs, but they caught fire at the end and were playing really well," Morales said through a translator. "I think they started playing well, they kind of gained some confidence. They were playing well going int

National’s outfielder Jayson Werth was convicted Friday of reckless driving and sentenced to 10 days in jail for driving his Porsche over 100 mph on the Capital Beltway earlier this year.Fairfax County General District Court Judge Penney Azcarate said a jail sentence was appropriate given the excessive speed."I-495 is not a racetrack," Azcarate said in imposing the sentence. She added that her sentence would be the same regardless of "what a person does for a living." Werth, wearing glasses a

The 16-year veteran free-agent outfielder is returning to his roots. "You talk about true love,'' Hunter told the Minneapolis Star Tribune.”That's the Twins right there.'' Hunter, after playing five seasons for the Los Angeles Angels and two with the Detroit Tigers, has agreed to a one-year, $10.5 million deal with the Twins. The Texas Rangers and Baltimore Orioles were also reportedly in the running for Hunter. Hunter, 39, played his first full season for the Twins in 1999. He has made fi

The White Sox have found an upgrade in left field by agreeing with free agent Melky Cabrera. The three-year contract is worth $42 million, pending a physical exam which is expected to take place early this week. Cabrera, who was believed to have significant interest from the Mariners, would take over in left field and continue an impressive string of offseason acquisitions from general manager Rick Hahn. The 30-year old Cabrera batted .301 with 81 runs scored in 139 games for the Blue Jays this

Yankees signed third baseman Chase Headley to a four-year deal. The deal is worth $52 million. Headley also had reportedly been pursued by the Giants, who have a void to fill at third base. Headley, who was traded to the Yankees by the Padres prior to the trade deadline last season, hit a combined .243 last season with 13 home runs and 49 RBIs. Following the trade to New York, he hit .262 with six home runs and 17 RBIs after hitting just .229 in 77 games with San Diego. The signing leaves the Ya

The Yankees have re-signed left-hander Chris Capuano to a one-year contract. The team didn't disclose financial terms, but the deal is worth $5 million. In signing Capuano, the Yankees feel they are adding depth to a rotation that will enter spring training full of questions and potential. The signing of Capuano, along with the rhetoric coming out of the Bronx, could be further proof that the Yankees are sincere about not be giving free-agent ace Max Scherzer a mega-contract. Get Your Very Ow

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