Major League Baseball News

The Chicago Cubs obtained their possible closer for the upcoming season on Tuesday, with the club agreeing to a one-year contract with Jose Veras according to a report from ESPN Deportes.

Furbush has spent parts of three seasons with Seattle. He was acquired in a trade with Detroit in July 2011.

The New York Yankees have added another free agent to their offseason spending spree, with the YES Network reporting Tuesday that the team has reached agreement with relief pitcher Matt Thornton on a two-year contract.

He also clarified the terms of the contract, noting that Balfour will get $15 million including deferred money: The two sides hope to resolve final contract details today, at which point Balfour would have to pass a physical.

Jacoby Ellsbury, left, and New York Yankees manager Joe Girardi hold Ellsbury's jersey during a news conference announcing his signing last week in New York.

Outfielder Mike Morse, who finalized a one-year deal with the Giants on Tuesday, will head to spring training in February expected to become a power bat in the middle of the lineup and the team's starting left fielder.

In their ongoing effort to replace the gaping hole at second base created by All-Star Robinson Cano's departure, the New York Yankees agreed to a one-year deal with former Baltimore Orioles infielder Brian Roberts.

Pitcher Masahiro Tanaka wants to move to Major League Baseball next season but his Japanese team doesn't want to let him go.

In this April 21, 2013 file photo, Chicago White Sox starter Gavin Floyd delivers a pitch against the Minnesota Twins during the first inning of a baseball game in Chicago.

For the first time in nearly a decade, A's co-owner Lew Wolff said Oakland might have a viable location for a new ballpark, but it's not the waterfront site being pushed by local business leaders -- it's the Coliseum complex.

The Cleveland Indians have signed pitcher Shaun Marcum to a Minor League contract with an invitation to Major League camp.

The Kansas City Royals filled the most glaring hole in their roster Monday night when they finalized a $30.25 million, four-year deal with Omar Infante to become their primary second baseman.

The annual baseball winter meetings don't feel like a place for a kid. Nearly everyone in baseball, except players, spends four days jammed into the same hotel in December.

Major League Baseball announced Monday that it has agreed to terms with Japan's Nippon Professional Baseball on revised protocols for the posting system shared by the leagues.

The St. Louis Cardinals signed free-agent second baseman Mark Ellis to a one-year, $5.25 million contract, giving them insurance for rookie Kolten Wong.

The Arizona Diamondbacks acquired right- handed relief pitcher Addison Reed from the Chicago White Sox on Monday in exchange for infielder Matt Davidson.

Right-handed reliever John Axford, non-tendered by the St. Louis Cardinals earlier this month, has reached agreement on a contract, pending a physical, to become the Cleveland Indians' closer.

With the retirements of Bobby Cox, Tony La Russa, and Jim Leyland in recent years, Major League Baseball lost three of its all-time great managers.

More than 6 million fans have passed through the turnstiles at Rangers Ballpark the past two years, paying more for their seats, more for their beer and $26 for the infamous Boomstick hot dog.

Trying to get slam-the-door results from 3-4 different relievers is risky business.