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Jon Heyman of CBS Sports reports that the Royals have struck a two-year, $20 million contract with free agent starter Edinson Volquez.

Volquez drew quite a bit of interest on the open market this winter after posting an impressive 3.04 ERA, 1.23 WHIP, and 140/71 K/BB ratio across 192 2/3 innings this past season for the Pirates. But he was one of the worst starting pitchers in baseball in 2013, so the Royals are taking a risk here that the sudden turnaround was legitimate.
Dec 17 - 5:40 PM
Wil Myers - OF - Rays

According to Jim Bowden of ESPN and SiriusXM, the three-team Wil Myers trade is "done."

FOX Sports' Ken Rosenthal has the breakdown of who's heading where: Padres shortstop prospect Trea Turner and pitching prospect Joe Ross will go to the Nationals. Myers, Ryan Hanigan, and minor league pitchers Jose Castillo and Gerardo Reyes will go to the Padres. Steven Souza, Travis Ott, Rene Rivera, Burch Smith, and Jake Bauers will go to the Rays (with Souza and Ott coming from the Nats). All the players involved need to pass physicals before the trade can be made official.
Dec 17 - 5:33 PM

Padres shortstop prospect Trea Turner could be headed to the Nationals in the three-team Wil Myers trade.

Here's how Ken Rosenthal breaks it down, per a source: Turner and pitching prospect Joe Ross would go to the Nationals. Myers, Ryan Hanigan, and minor league pitcher Jose Castillo would go to the Padres. Steven Souza, Travis Ott, Rene Rivera, Burch Smith, and Jake Bauers would head to the Rays (with Souza and Ott coming from the Nats). Turner, the 13th overall pick in the 2014 draft, batted .323/.406/.448 in 69 games this past season between two levels of Low-A ball. He'll have to be called a player to be named later in the swap because he signed with the Padres less than six months ago.
Dec 17 - 5:19 PM

Nick Markakis underwent fusion surgery Wednesday to repair a herniated disk in his neck.

The expectation is that Markakis will be able to begin baseball-related activities by mid-February, but the Braves are probably going to take it easy on him in camp this spring just to be safe. The 31-year-old outfielder signed a four-year, $44 million free agent contract with Atlanta in early December. He'll be the team's leadoff man and right fielder in 2015.
Dec 17 - 4:43 PM
Wil Myers - OF - Rays

According to Marc Topkin of the Tampa Bay Times, the Rays are "down to two scenarios" for a Wil Myers trade.

One of those scenarios involves the Nationals, but the Rays are still waiting to hear if Washington is in or out. Topkin says Tampa Bay is currently set to give up Myers, Ryan Hanigan, and two lower-level minor leaguers to get Rene Rivera, Burch Smith, and Jake Bauers back from the Padres. Then some more players -- possibly Padres shortstop prospect Trea Turner -- would be moved in a third branch of the deal. There should be a resolution to this whole thing by Thursday.
Dec 17 - 4:40 PM
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