Johnny Damon is a Yankee for four years and $52 million, pending his physical. That's a good deal for New York, they can afford to pay that kind of money for Damon, and four years is probably the right contract length. He'll be a huge upgrade on everything they tried in center last year. The Yankees also signed Octavio Dotel to a one-year, $2 million deal.
Jacque Jones signed with the Cubs for three years and $16 million.
The Rangers traded Chris Young, Adrian Gonzalez and Terrmel Sledge to San Diego for Adam Eaton and Akinori Otsuka. Otsuka and Eaton are going to get hammered in Arlington. Eaton's a fly ball pitcher and Otsuka stunk on the road for San Diego last season. Gonzalez's power will take a hit in San Diego, but Young could really become a solid pitcher there. Good deal for the Padres if you ask me. "T" for Texas, "T" for Terrible Trade.