Hot Stove Report
Follow all the free-agent news, trade talk and offseason movement through the winter.
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Hal Bodley
Senior correspondent Hal Bodley offers insight on MLB.com and MLB.com/Live.
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World Baseball Classic
Sixteen teams square off in March in the second edition of the international tournament.
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Winter Leagues
Complete coverage of Winter League action as the Caribbean leagues head toward their playoffs.
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News
A deal that was all but completed just after Christmas became a reality on Friday, when the Red Sox officially announced the signing of veteran right-handed starter Brad Penny to a one-year contract. 
The Mets have reached an agreement with right-hander Tim Redding on a one-year deal worth roughly $2.25 million, according to multiple media reports. 
If ever there's a Hall of Fame candidate who should be a unanimous choice, it's Rickey Henderson. But it won't happen in this year's election by the Baseball Writers' Association of America and probably never will. 
You'll be able to learn a lot about the direction of baseball's economy by what happens to the leading free-agent starter still on the market, Derek Lowe. 
The Chicago Cubs offer a fascinating case study in what to do after six months of success, followed immediately by three awful days. 
