The St. Louis Cardinals have agreed in principle to a three-year contract extension with Yadier Molina that will guarantee him between $55 million and $65 million.

The two sides reportedly have been in talks on a deal over the course of spring training.

Molina, who will turn 35 in July, hit .307/.360/.427 with eight homers and 38 doubles in 581 plate appearances last season.

The Texas Rangers officially announced a new six-year deal for Rougned Odor on Thursday.

The contract has a club option for 2023, guarantees him at least $49.5 million and also comes with two horses.

The Rangers suggested including the horses in the new contract as a negotiating tactic.

"It's our policy when we make a contract offer, we copy the player on it," Jon Daniels said. "So Rougie has these big numbers in front of him, and he has a poker face. Nothing changed. Then I slid my phone across with a picture of the horses on it, and he said, 'Hey, can you send that to me?' His eyes lit up, and I thought, 'All right, maybe we have a chance.'"

It includes a $2 million signing bonus and a $13.5 million club option for 2023 with a $3 million buyout. Odor's salary will be $1 million this season, and then it will increase to $3 million in 2018 and $7.5 million in 2019. He will make $9 million in 2020 before $12 million in each of the last two years of the contract.

After hitting just .125 in 40 at-bats this spring, the San Francisco Giants have informed Jimmy Rollins that he won't make the club.

"We've talked to Jimmy and he knows the scenario and the situation," Bruce Bochy said. "We're just waiting to hear back from him."

Rollins did not make the trip to Sloan Park for the Giants' final Cactus League exhibition game.

The infielder, 38, can opt out of his contract on Thursday but could ask for his release if he feels he has a chance to catch on with another club.

Angel Pagan is expected to pick a new team before the end of this week.

Pagan has drawn interest from the Toronto Blue Jays, San Francisco Giants, San Diego Padres, Atlanta Braves and Detroit Tigers.

His performance at the World Baseball Classic increased his value.

The Baltimore Orioles have released Michael Bourn and Chris Johnson, per a team release.

Bourn used his opt-out clause with the club as they failed to place him on the 40-man roster. He missed most of the spring with a broken finger, which made it difficult for him to make the Opening Day roster.

Johnson had a solid spring, slashing .269/.310/.493, but that wasn't enough to earn a spot on the Major League roster.

The St. Louis Cardinals are "making major progress" in talks on a contract extension with Yadier Molina, according to a report.

The positive momentum towards a deal has the two sides "getting close" to an agreement.

Molina said over the weekend that he would not be willing to discuss a new deal during the season.

The Los Angeles Dodgers have agreed to a Minor League deal with Justin Masterson.

Masterson, 32, was looking for a new team after failing to receive a shot at the Major League level with the Pittsburgh Pirates last year.

The Nationals on Monday released 42-year-old reliever Joe Nathan, who indicated he has no plans to retire.

Nathan was released along with fellow reliever Matt Albers.

Nathan, who pitched for the Cubs and Giants last season, had a 3.86 ERA in 12 appearances this spring.

Tim Anderson has agreed to a six-year, $25.5 million contract extension with the Chicago White Sox.

Anderson will receive $850,000 in 2017, $1 million in 2018, $1.4 million in 2019, $4 million in 2020, $7.25 million in 2021 and $9.5 million in 2022.

The deal also includes team options for 2023 ($12.5 million) and 2024 ($14 million) with a $1 million buyout.

The contract sets a new record for a major leaguer with less than one year of service time.

Anderson would have been a free agent after the 2022 season prior to the deal.

The Texas Rangers are open to discussing a contract extension with Yu Darvish during the season, according to Jon Daniels.

"Where we left [it] is that either side can privately open it or raise it at any point,"said Daniels, indicating that there isn't much being discussed currently.