The Angels have reportedly signed Justin Speier to a four-year contract. This takes probably the best setup man off the market, but it might mean the Angels would be more willing to move Scot Shields.
Peter Gammons is reporting that the Reds are close to signing Alex Gonzalez to a three-year, $14M contract. I like Gonzalez's defense, but his bat is as bad as his defense is good.
And Nomar Garciaparra is apparently close to returning to the Dodgers. This time it's a two-year deal, with no indication on the money.