Breaking News

Gerardo Parra is headed to Colorado. The free-agent outfielder and the Rockies agreed to a three-year deal Tuesday that will pay at least $27.5 million.  

Patrick Saunders of the Denver Post and Spanish reporter Wilmer Reina provided the news. The deal will have a fourth-year option at $12 million.

The phrase "Netflix and chill" often gets misused on the Internet, as not everyone fully understands its meaning.

That may or not be the case with newly acquired Toronto Blue Jays reliever Drew Storen. If he does know what the popular phrase means, then he just gave everyone a bit too much information.

Starting pitcher Wei-Yin Chen reportedly signed with the Miami Marlins on Tuesday to a five-year deal with a vesting player option for a sixth year, per Ken Rosenthal of Fox Sports.

ESPN's Buster Olney confirmed the deal.

Sixteen-year-old Cuban sensation Lazarito Armenteros could be making his way to Major League Baseball soon.

Continue for updates.

In a little over a month, pitchers and catchers will report to Tampa, Florida, for the New York Yankees' spring training. Manager Joe Girardi is already figuring out how he'll shuffle around the pitching staff and starting lineup.

Jeff Francoeur could be back in the bigs for another season after all. 

Jon Heyman of CBS Sports reported Monday the Miami Marlins are interested in adding a right-handed bat with veteran leadership and have considered Francoeur to fill that role.

Free-agent MLB outfielder Gerardo Parra has narrowed down his desired teams to three as he prepares for the next phase of his career.

Continue for updates.

South Korean reliever Seung-hwan Oh signed with the St. Louis Cardinals on Monday, general manager John Mozeliak confirmed at a press conference.  

"Ultimately we brought Oh in to what we feel is already a very dynamic bullpen and he will most definitely add to that," Mozeliak told reporters.

Texas Rangers general manager Jon Daniels said Monday the team has engaged in contract extension negotiations with third baseman Adrian Beltre.

Continue for updates.

Jose Bautista is among the many impending Toronto Blue Jays free agents first-year general manager Ross Atkins must address by this time next year, and contract discussions with the 12-year veteran slugger are reportedly set to begin in mid-January.

Continue for updates.