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The New York Yankees have signed LA Angels first baseman Mark Teixeira on an eight-year deal worth $US180 million ($A264 million).
Top 10 current Major League Baseball contracts by average annual value
CC Sabathia and the New York Yankees agreed on the framework for a $US161 million ($A245 million), seven-year contract on Wednesday, the richest for a pitcher in Major League Baseball history.
The man who guided the Philadelphia Phillies to the World Series title, Charlie Manuel, was rewarded on Tuesday with a contract extension.
Closing pitcher Francisco Rodriguez became the first top-tier free agent to join a new club in winter trade meetings, agreeing to join the New York Mets on Tuesday in a $US37 million ($A56.36 million), three-year deal.
C.C. Sabathia, the 28-year-old left-handed pitcher who is Major League Baseball’s most prized free agent, has decided to accept a record-setting offer from the New York Yankees, according to reports.
Greg Maddux, perhaps the greatest pitcher of his generation and eighth on the all-time Major League Baseball win list, officially announced his retirement on Monday.