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New York, NY (Sportsbook Betting Lines) - Boston Red Sox second baseman Dustin Pedroia has been named the American League's Most Valuable Player, as voted on by the Baseball Writers' Association of America. Pedroia, last year's AL Rookie of the Year

Chicago, IL (Sportsbook Betting Lines) - The Chicago Cubs have apparently re-signed right-hander Ryan Dempster. The Newark-Star Ledger and the Chicago Sun-Times are reporting that the deal is for four years and is worth $52 million. Dempster r

(Sportsbook Betting Lines) - The Baseball Writers' Association of America will hand out their final postseason award on Monday, as the American League's Most Valuable Player will be announced. But unlike most of the awards that have already been ha

New York, NY (Sportsbook Betting Lines) - St. Louis Cardinals first baseman Albert Pujols has been named the National League's Most Valuable Player, as voted on by the Baseball Writers' Association of America. Pujols, who won this award in 2005

Bronx, NY (Sportsbook Betting Lines) - The New York Yankees have sold the contract of pitcher Darrell Rasner to a team in Japan's Central League, according to a report by ESPN. The report states that the contract was sold to the Tohoku Rak

Los Angeles, CA (Sportsbook Betting Lines) - The Los Angeles Dodgers have withdrawn the franchise record-setting offer they made to left fielder Manny Ramirez last week, but the club is still interested in bringing the slugger

Bronx, NY (Sportsbook Betting Lines) - The New York Yankees offered free agent pitcher CC Sabathia a six-year, $140 million contract on Friday. Yankees co-chairman Hal Steinbrenner confirmed the offer in a story on the team's Web site. The deal

Kansas City, MO (Sportsbook Betting Lines) - The Kansas City Royals named Mike Arbuckle senior advisor to the general manager in scouting and player development on Friday, while retooling their winter roster. The Royals activated

Chicago, IL (Sportsbook Betting Lines) - The Chicago White Sox have outrighted the contract of pitcher Mike MacDougal to Triple-A Charlotte. MacDougal appeared in 16 games for the White Sox last season and did not register a decision whi

(Sportsbook Betting Lines) - When the clock struck midnight on Friday morning, Major League Baseball teams were officially able to start talking financial numbers with free agents from other teams. With that, the craziness that is the MLB Hot Stove o