The Astros reached a settlement Thursday with the insurance company it filed a lawsuit against after it denied the club's claim to recoup a portion of Jeff Bagwell's salary from 2006.
Astros announced the retirement of first baseman Jeff Bagwell.
According to MLB.com, Jeff Bagwell is a little over a week away from making his retirement official.
According to USA TODAY's Bob Nightengale, the Orioles inquired about whether Jeff Bagwell would be interested in becoming their designated hitter.
Jeff Bagwell filed for free agency on Saturday, but he likely will announce his retirement in the near future.
While Jeff Bagwell doesn't seem himself playing for a team other than Houston, he isn't quite ready to announce his retirement.
Astros declined first baseman Jeff Bagwell's $18 million option for 2007.
The Astros are expected next week to decline the 2007 option on 1B Jeff Bagwell.
Astros transferred first baseman Jeff Bagwell from the 15-day to the 60-day disabled list.
Jeff Bagwell hasn't officially decided on shoulder surgery, though he'd leaning toward having his bone spurs removed.
The Astros have filed a lawsuit against Connecticut General Life Insurance, claiming breach of contract because the insurer denied the Astros' claim to recoup $15.6 million of injured first baseman Jeff Bagwell's $17 million contract.
The Astros have been told they cannot collect on the insurance policy they hold on disabled first baseman Jeff Bagwell's $17 million salary for this year.
Astros placed first baseman Jeff Bagwell on the 15-day disabled list with bone spurs in his right shoulder.
Jeff Bagwell announced Saturday that he's going on the disabled list and will have surgery to remove bone spurs from his shoulder as "a last resort" to see if he can play again, his agent, Barry Axelrod, told ESPN.com.