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Cubs ship Marquis to Colorado

The Chicago Cubs traded right-handed pitcher Jason Marquis and cash considerations to Colorado for reliever Luis Vizcaino on Tuesday.

Indians sign RHP Pavano

The Cleveland Indians will roll the dice on Carl Pavano after signing the right-hander to a one-year deal Tuesday. Financial terms of the contract were not released.

Phillies ink Park

The Philadelphia Phillies made it official Tuesday, signing free-agent hurler Chan Ho Park to a one-year contract.

Yankees welcome Teixeira to the Bronx

The New York Yankees unveiled their latest high- priced free agent on Tuesday, as they finalized their eight-year deal with first baseman Mark Teixeira.

Rays sign six to minor league deals

The Tampa Bay Rays have signed six players to minor league contracts with invitations to spring training, including catcher Michel Hernandez, pitcher Randy Choate and infielder Ray Olmedo.

Report: Pettitte turns down Yankees' offer

Free agent pitcher Andy Pettitte has reportedly turned down a one-year offer to return to the New York Yankees.

Phillies' Romero, Yankees' Mitre suspended 50 games

Philadelphia Phillies relief pitcher J.C. Romero and New York Yankees pitcher Sergio Mitre have each been suspended 50 games by Major League Baseball after testing positive for a banned substance.

Report: Phillies' Romero suspended 50 games

Philadelphia Phillies relief pitcher J.C. Romero has reportedly tested positive for a banned substance and will be suspended 50 games.

Twins owner Pohlad dies

Minnesota Twins owner Carl Pohlad died Monday at the age of 93.

Scioscia receives contract extension

The Los Angeles Angels of Anaheim and manager Mike Scioscia have agreed to a multi-year extension that will keep him with the Halos through 2012.

Vargas joins Dodgers

The Los Angeles Dodgers have come to terms on a one-year contract with right-handed pitcher Claudio Vargas.

The Chicago Cubs have reportedly signed volatile outfielder Milton Bradley to a three-year contract. The Chicago Tribune is reporting that the deal is believed to be worth $30 million and should be finalized this week.

Cardinals sign reliever Ring

The St. Louis Cardinals have signed free- agent relief pitcher Royce Ring to a one-year contract, the club announced Monday.

Rays finalize deal with Burrell

The Tampa Bay Rays have signed outfielder/designated hitter Pat Burrell to a two-year deal. Financial terms were not released, but numerous reports have stated that the contract will be worth $16 million.

Rays close to signing Burrell

The Tampa Bay Rays are reportedly on the verge of signing outfielder/designated hitter Pat Burrell to a two-year deal. Numerous reports have stated that the contract could be worth $16 million and will become finalized once Burrell passes a physical.