According to multiple reports the Dodgers and free agent pitcher Jason Schmidt have agreed to a 3-year, $47 million dollar contract. The Cubs were rumored to be a front-runner, along with the Cardinals and Mariners, to land the services of Schmidt.
Updated 5:30pm C.T. – According to a report on ESPN and XM Radio, the agent for Ted Lilly, Larry O’Brien, has stated that Lilly has narrowed down his search to the Cubs and Yankees. Most feel the Yankees are waiting on Andy Pettitte to make up his mind if he is going to pitch in 2007 and where. A report on ESPN has indicated the Yankees could sign Lilly and trade off their excess pitching for position players.
Chuck Wilson on XM Radio is reporting Lilly will likely end up with the Cubs with the rumored 4-year deal in the $40 million dollar range. Wilson is also reporting that Andy Pettitte is planning on playing in 2007 and maybe 2008 and the Yankees are pushing to resign him.