Padres signed RHP James Shields to a four-year, $75 million contract with a club option for 2019.
James Shields' new four-year contract with the Padres carries $75 million guaranteed.
Jon Heyman of CBS Sports hears that the Cubs weren't willing to go beyond three guaranteed years for James Shields.
According to Chris Cotillo of MLB Daily Dish, the Padres have signed James Shields to a four-year deal.
Jon Morosi of FOX Sports reports that the Padres most recent offer to free agent hurler James Shields was four years and between $72 and $80 million.
Jeff Passan of Yahoo Sports reports that "it would be a big upset" if James Shields doesn't sign with the Padres.
Dennis Lin of the San Diego Union-Tribune reports that the Padres made their last and final contract offer to James Shields on Saturday.
FOX Sports' Jon Morosi reports that James Shields "was considering a contract offer from the Padres as recently as the last 12 hours."
The Padres have been told several teams remain "heavily involved" in the bidding for free agent James Shields, according to Bob Nightengale of USA Today.
According to Scott Miller of Bleacher Report, James Shields and the Padres are believed to be at an impasse after several hours of negotiations.
Scott Miller of Bleacher Report reports that talks are heating up between the Padres and free agent right-hander James Shields.
ESPN's Buster Olney reports that "there is a growing sense" among those in the James Shields talks that the righty "will probably land with the Padres."
USA Today's Bob Nightengale reports that the Padres "have to be considered favorites" to sign James Shields.
David Kaplan of CSN Chicago reports the Cubs are "kicking the tires" on free agent James Shields.