Braves Sign Derek Lowe...Mets Look to Perez

Derek Lowe has agreed to terms on a 4-year, $60 million deal with the Atlanta Braves. The Braves were willing to guarantee a fourth year, which along with a $15 million annual salary, was enough to sway Lowe their way. Mark Bowman from mlb.com has more.

The New York Mets have moved their focus to Oliver Perez. After becoming discouraged during the Lowe negotiations, the Mets reportedly made a 3-year, $30 million offer to Perez. Some insiders feel Perez has been GM Omar Minaya's choice all along. More from Doug Miller at mlb.com.

Marlins Sign Jay Gibbons

The Florida Marlins have signed outfielder Jay Gibbons to a minor league contract and invited him to spring training. Gibbons played part of last season in the Milwaukee farm system. After seven years with the Orioles, he was hit with injuries and a Sports Illustrated report linked him to human growth hormone, which he admitted to and was suspended for 15 games for. More on the signing from Alden Gonzalez at mlb.com....

Nats May Look To Deal...

The Nationals, apprently out of the bidding for the remaining premium free agents, may look to trade for some offensive help. Bill Ladson from mlb.com says they are in discussions with the Yankees about Xavier Nady and Nick Swisher.

Braves Reach Deal With Kawakami

According to Mark Bowman at mlb.com, the Atlanta Braves have reached an agreement with Japanese right-hander Kenshin Kawakami, pending a physical. The deal is apparently for three years. The Braves are trying to fill out there rotation, having lost John Smoltz to Boston and Tim Hudson to injury. They obtained Javier Vazquez earlier in the offseason and are in on the Derek Lowe pursuit.

Braves Close To A Deal With Kawakami?

The Atlanta Braves, desperate to shore up their pitching after losing John Smoltz to Boston, appear to be on the verge of signing Kenshin Kawakami. More from Talking Chop...

Phils Interested In Garciaparra?

The Phillies, looking to shore up their reserve infield, are reportedly interested in Nomar Garciaparra. They are also considering outfielder Gabe Kapler. More from Bill Ladson at mlb.com and philliesnation.com.

Tim Redding Agrees To Deal With Mets...Pedro Could Return

The NY Daily News informs us of the Tim Redding signing with the Mets.

UPDATE: Jon Heyman of SI and Ken Davidoff of the Daily News agree the deal with Redding is close to final.

The Mets apparently are the front runners for pitcher Tim Redding and a deal could be finalized as early as this afternoon, according to Andrew Marchand of 1050 ESPN Radio in New York.

Also in Mets world, Pedro Martinez wants to return, saying he feels he has unfinished business after injuries plagued him during his 4-year deal with the team. Anthony DiComo of mlb.com tells us Pedro's agent Fernando Cuza will be meeting with the Mets next week.