The Nationals offered Mark Teixeira $5M more than the Yankees and would have gone higher, but were never given the chance. Teixeira jumped at Brian Cashman's first offer.
The payroll of the Red Sox will likely be significantly smaller on Opening Day than it was at the same time last season, perhaps by as much as $20 million.
Cardinals' first baseman Albert Pujols is entering the final year of his guaranteed contract, which leads many to believe that he could sign a record-breaking deal next winter.
The Nationals have signed veteran outfielder Corey Patterson, pitchers Jorge Sosa and Gustavo Chacin, infielder Jose Castillo, and catcher Gustavo Molina to minor league contracts.
The Padres and pitcher Kevin Correia have reached terms on a minor league contract, with both sides expecting that Correia will compete for a starting job in spring training.
The Dodgers are still interested in signing Manny Ramirez, and with the Angels dropping out and the Yankees having already spent a half-billion, they appear to be the front runners.