The San Francisco Giants signed pitcher Randy Johnson to a one-year, $8 million contract.

The 45-year-old Walnut Creek native and Livermore High School alumnus comes home needing five victories to reach the magic 300-victory mark; he could become the final pitcher in a generation to achieve the benchmark.

But the Giants have had ample chances to celebrate milestones amid four consecutive losing seasons. They’re counting on Johnson to provide more than a platform for the marketing department.
“He can still pitch,” Giants General Manager Brian Sabean said earlier this month. “He’s an intimidating force. The opposition knows who he is, and if he’s on your side, the team knows you’ve got a chance to win every time he goes out.”

A five-time Cy Young Award winner, Johnson joins a Giants rotation that already boasted two Cy winners; Barry Zito won the A.L. award with the A’s in 2002 and Tim Lincecum captured the N.L. trophy last season. The 2002 Atlanta Braves (Greg Maddux, Tom Glavine, John Smoltz) were the last major league team with three Cy Young winners.

This was a nice signing and if the Giants could add a couple of hitters to give their lineup more pop, they’d have the makings of a club that could compete in the NL West. Their top three pitchers are solid, Zito might succeed more at the back of the rotation and the Big Unit is solid as a fourth or fifth starter.

But this team is so void of hitters that they probably won’t be able to compete for a couple of years unless they surprise people and add a bat like Manny, which is highly unlikely.

According to ESPN.com, the New York Yankees agreed to an eight-year deal with free agent first basemen Mark Teixeira.

The agreement, which is subject to a physical, includes a signing bonus of about $5 million and a complete no-trade provision, The Associated Press reported.

The Yankees had made an offer to Teixeira weeks ago, but then withdrew it; their intention all along was to make an offer, which they did formally on Tuesday, if it fell within parameters acceptable to the organization. The contract will pay Teixeira, who made it clear he wanted to make a decision on where to play next season and beyond by Christmas, an average of $22.5 million per season.
The Yankees had $88.5 million coming off the books (included in that total — $23.4 million on Jason Giambi, $16 million on Bobby Abreu, and $11 million to both Mike Mussina and Carl Pavano), and even with the Teixeira contract, they expect their payroll to fall below $200 million. New York has committed $423.5 million in salary in the last month, with $161 million going to left-handed pitcher CC Sabathia ($23 million over seven years) and $82.5 million to right-hander A.J. Burnett ($18.5 million over five) last week alone.

The deal also virtually eliminates any chance that free-agent outfielder Manny Ramirez has a landing place with the Yankees. New York does have money left to add another starting pitcher, most likely veteran left-hander Andy Pettitte at $10 million if he agrees to terms soon.

I think I just heard the collective heads of every Boston Red Sox fan explode at the same time.

I would say that this news is unbelievable but it’s very much believable. If the Yankees want a player, there’s nothing that’ll stop them from acquiring said player. Other than signing Manny, the Bombers essentially accomplished what they wanted to accomplish this offseason by acquiring pitching, as well as the desire to get younger.

Two days ago it appeared that free agent shortstop Rafael Furcal would once again don an Atlanta Braves uniform in 2009. But the club Furcal left the Braves for in 2005 eventually came through with an offer more to his liking and now the most prized shortstop on the market is heading back to the Dodgers.

On Monday night, the Braves were under the distinct impression that they had a deal with Furcal. On Tuesday, the Dodgers re-entered the discussions, and by Wednesday afternoon the Dodgers and Furcal were hammering out the terms of an agreement, sources said.

The Braves on Wednesday were informed that Furcal would not accept their deal.

“When people deal with you in this manner, they lose credibility,” Braves GM Frank Wren said. “You don’t forget these things.”

According to Wren, this is how the situation played out:

· Wren reached agreement on the terms of a contract with Furcal’s agent, Paul Kinzer, on Monday night, pending the approval of Furcal.

· Between 8 p.m. and 10 p.m. ET Monday night, Wren spoke with Kinzer three or four times, negotiating the dollar amount, the years and terms of the vesting option, and other contractual details.

· Wren and Kinzer spoke again around midnight Monday night. Kinzer told Wren that he had not yet heard back from Furcal, but that Furcal was excited and that “we’re good.”

· On Tuesday morning, Wren woke up to a voicemail from Kinzer telling him to put a term sheet (the standard baseball term for an official contract offer) together.

· Wren went into his office in Atlanta, put the term sheet together and signed it.

· Shortly thereafter, Kinzer began “backpedaling,” saying he promised the Dodgers he would talk to them.

I don’t blame Wren for being upset because it looked like Furcal was going to be a Brave by the end of Tuesday. Then Wren wakes up on Wednesday and is told that Furcal is likely heading back to L.A. But that’s the business, I guess. Agents don’t care about the teams – they care about their clients and finding the best deals. It’s too bad it had to go down this way for the Braves.

According to the New York Daily News, several members in the Yankees’ front office are split on whether or not to pursue free agent Manny Ramirez.

Two other officials are skeptical that the Bombers would commit three years to the enigmatic Ramirez, who has already seen the Dodgers make and withdraw a two-year, $45 million offer this winter. Both of them believe the Yankees will linger in the background while agent Scott Boras works to gather offers, and if the market is limited, the Yanks will try to jump in with a two-year, $50 million package.

According to a source familiar with the Yankees’ thinking, Brian Cashman has been lukewarm to the idea of signing Ramirez, but the rest of the front office – most notably Hal and Hank Steinbrenner – believes he is precisely what the Yankees need to bolster a lineup that underachieved in 2008.

It’s unlikely that Boras will let Ramirez sign anywhere until Mark Teixeira makes his decision, since the teams that fail to land the first baseman could decide to take a run at Ramirez as an alternative. The Red Sox, Angels, Nationals and Orioles are believed to be the final four teams in the running for Teixeira, and aside from the Red Sox, the other three could try to sign Ramirez if they don’t get Teixeira. The Dodgers could also jump back in the mix once the market for him clears up.

Well, if it’s the Steinbrenner brothers vs. Cashman, there’s no question who’ll win that battle. The Yankees are going to make a push for Ramirez, but not before they drive the asking price for Mark Teixeira through the roof. After handing out huge contracts to CC Sabathia and A.J. Burnett, it’ll be interesting to see how much the Bombers wind up offering Manny if they eventually do decide to pursue him.

According to FOX Sports.com, the Atlanta Braves reached an agreement with shortstop Rafael Furcal on a three-year contract.

In a stunning turnaround, the free-agent shortstop has chosen the Braves over the A’s, according to a major-league source.

A contract agreement is expected to be announced Tuesday, conditional on Furcal passing a physical.

Furcal would play shortstop or second base for the Braves, depending upon which other moves the team makes.

“They’re in deep,” Furcal’s agent, Paul Kinzer, told FOXSports.com on Monday night, before a decision had been reached. “He’s seriously considering it.”

The A’s are believed to have made the high offer for Furcal — four years in the $40 million range, according to major-league sources.

The Braves, however, made a late, rapid push for Furcal, and their offer was believed to be for three years with a vesting option for a fourth season.

Furcal, who owns homes in Atlanta and Los Angeles, preferred to rejoin the Braves or stay with the Dodgers, sources said.

One rival executive said Monday night, “He will do whatever he can not to go to Oakland,” citing

Furcal’s preference to be with one of his prior teams.

Interesting. Just a few days ago it looked like Furcal was definitely on his way to Oakland but sometimes you can’t put a price tag on comfort.

The Chicago Cubs re-signed starter Ryan Dempster to a four-year, $52 million contract.

The 31-year-old right-hander was 17-6 with a 2.96 ERA for the Cubs this season.

“It was imperative that we kept him in house,” general manager Jim Hendry said. “No doubt in our minds that Ryan would have exceeded this deal on the streets in three or four weeks from now, the way the market is for starting pitching. Ryan was committed. From Day One he told us he wanted to stay. And it was a priority for us to try and get it done before we got too far down the road in the winter.”

As the Cubs’ closer from 2005-07, Dempster saved 87 games in 102 chances. After earning a spot in the rotation during spring training following rigorous workouts last offseason, he returned to the starter’s role he held with the Marlins and Reds from 1998-2003.

Dempster went 14-3 at Wrigley Field during the regular season.

Not bad money for a guy that could only win at Wrigley Field last year. It’ll be interesting to see if the Cubs can now pull off a deal for Jake Peavy.