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Free agent catcher Kelly Shoppach has reached an agreement with the Seattle Mariners on a one-year contract pending a physical exam, a baseball source told ESPN.com.

Free agent outfielder Ryan Ludwick has reached agreement on a two-year, $15 million contract with the Cincinnati Reds pending completion of a physical exam, a baseball source confirmed to ESPN.com.

Free agent starter Brandon McCarthy has reached agreement on a two-year, $15.5 million contract with the Arizona Diamondbacks, a baseball source told ESPN.com.

The Chicago Cubs and free agent outfielder Nate Schierholtz reached an agreement on a one-year, guaranteed $2.25 million major-league contract Wednesday, according to a baseball source.

Free agent left-hander Jeff Francis has agreed to a one-year contract with the Colorado Rockies pending a physical exam, a baseball source said Wednesday.

San Francisco Giants general manager Brian Sabean can guarantee that outfielder Hunter Pence will be back with the team in 2013. He is not close to ready to make the same assurances with closer Brian Wilson.

The Los Angeles Dodgers watched pitcher Roy Oswalt throw last week in Starkville, Miss., but team officials are convinced that Oswalt is going to sign with the Texas Rangers -- possibly as early as this week.

Tim Lincecum and Matt Cain have anchored the Giants rotation for years, but they are set to hit free agency in the next two years and San Francisco might not be able to keep them both.

The Reds have agreed with free agent pitcher Jeff Francis on a minor league deal that includes an invitation to major league spring training camp, a baseball source said.

The Tampa Bay Rays have reached agreement on a one-year major league deal with infielder Jeff Keppinger, a baseball source told ESPN.com.

Free agent shortstop Omar Vizquel has agreed to terms on a one-year deal with the Toronto Blue Jays, his agent Adam Katz confirmed to ESPN.com.

The Cincinnati Reds and former Phillies closer Ryan Madson have agreed to a one-year, $8.5 million deal, according to a source.

It's early January and a bunch of Scott Boras clients, including Prince Fielder, remain unemployed.

Shortstop Jimmy Rollins found no market for him as a free agent, but his return to the Phillies is a win for both.

The Philadelphia Phillies have reached agreement with shortstop Jimmy Rollins on a three-year, $33-million contract with a vesting option for a fourth year, a baseball source told ESPN.com.

Josh Willingham has reached an agreement on a multiyear contract with the Minnesota Twins pending completion of a physical exam, according to a league source.