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Luis Valbuena and the Angels are in agreement on a two-year deal with a club option, Ken Rosenthal of Fox Sports reports.

Impact

There's no word yet on the terms of the deal, but Valbuena figures to get rewarded for his surprise season in 2016 in which he hit a strong .260/.357/.459 with 13 home runs in 342 plate appearances. It's worth noting that Valbuena was forced to undergo season-ending hamstring surgery in August, but all reports indicate he should be ready for spring training. Valbuena could end up all over the infield with the Angels, given that first and third base already have C.J. Cron and Yunel Escobar and that the 31-year-old probably doesn't have the range to regularly field second base anymore.

Josh Johnson plans to retire from baseball rather than pursue a minor league opportunity with the Giants, Jerry Crasnick of ESPN reports.

Impact

Johnson's career will go down as a large what-if, an arm with a significant amount of both talent and ailments. The 32-year-old won an ERA title back in 2010 with the Marlins and had established himself as one of the league's best young pitchers, but an unrelenting series of injuries led to him throwing his final major league pitch in 2013. Now, after undergoing a third Tommy John surgery, Johnson is hanging up the cleats.

Mark Trumbo agreed to a three-year deal, pending a physical, with the Orioles on Thursday, Eduardo A. Encina of the Baltimore Sun reports.

Impact

Per Bob Nightengale of the USA Today, the deal is expected to be worth $35-40 million. Trumbo had one of the best showings of his career in 2016 as he knocked 47 home runs and recorded 108 RBI. Although the deal is contingent upon Trumbo passing a physical, the slugger will look to bring his powerful bat back to the Baltimore lineup and split time between right field and the DH spot in 2017.

Tyson Ross (shoulder) isn't expected to be ready for Opening Day of the 2017 season, Jeff Wilson of the Fort Worth Star-Telegram reports.

Impact

There's been little talk as to a potential return for Ross, who underwent thoracic outlet syndrome surgery in October. However, the Rangers have now said that they don't expect him to be healthy for Opening Day, as they're being cautious with the 29-year-old righty. A more specific timeframe for his return should become available after he has the chance to workout at spring training.

Matt Shoemaker (head) has been cleared for normal pitching activity after doing full workouts this offseason, Jason Beck of MLB.com reports.

Impact

Shoemaker missed the end of the 2016 season after he was hit by a line drive in early September, which resulted in a small skull fracture. He was on a roll at the time, posting a 2.83 ERA in the 130.1 innings leading up to the injury. He'll look to build on that success in spring training, where it appears he'll be a full go.

Josh Bell reported to minicamp at 225 pounds, down from 248 at the beginning of spring training last season, Rob Biertempfel of the Pittsburgh Tribune-Review reports.

Impact

Bell credited yoga for his weight loss. The 24-year-old hit .273 in 152 plate appearances last season, splitting time between first base and the outfield, though the focus seems to be on using him at first this season. Defense has always been one thing that has been a knock on Bell, but the Pirates will hope his participation in yoga and weight loss will increase his ability in the field, which could result in more consistent playing time.

Steven Wright (shoulder) is still rehabbing his right shoulder but feels he'll be ready to go for spring training, Nick Cafardo of the Boston Globe reports.

Impact

Bursitis and rotator cuff irritation have plagued the 32-year-old knuckleballer since he was injured while pinch running Aug. 7 against the Dodgers. Before the injury, he was 13-6 with a 3.33 ERA. He appears destined for a spot at the back end of Boston's rotation in 2017.

Randal Grichuk has recovered from surgery to remove loose cartilage from his left knee, Derrick Goold of the St. Louis Post-Dispatch reports.

Impact

It took Grichuk just over a month to recover from surgery. He is coming off a season in which he hit 24 home runs with 68 RBI and a .240 average. The 25-year-old enters spring training as a projected starter in the St. Louis outfield.

David Ross will end his playing career after he was named a special assistant to the baseball operations with the Cubs on Friday, Carrie Muskat of MLB.com reports.

Impact

The 39-year-old retired following the Cub's World Series victory in 2016. He played 15 seasons in the majors, winning two championships. Ross hit .229 with 10 home runs in his final season as a player, and will now make the transition to the front office.

Cesar Cabral signed a minor league contract with the Red Sox on Wednesday, Baseball America reports.

Impact

The southpaw, who will be 28 in February, has not had much of an opportunity to show off his stuff in the big leagues, as he's pitched just two innings in the majors over the past three seasons, including none last season. He allowed nine earned runs over just 8.1 innings at Triple-A Norfolk last season before the Orioles released him. If he even makes the team, he isn't likely to serve as anything more than organizational depth next season.

Brandon Cunniff signed a minor league contract with the Marlins on Wednesday, Baseball America reports.

Impact

Cunniff had a 4.24 ERA through 17 innings last season before he was outrighted by the Braves in November. He's likely to begin the season as organizational depth, provided he makes the team, but injuries to the Marlins' bullpen could force them to call Cunniff up, though he wouldn't likely earn many high-leverage opportunities.

Jose Miguel Fernandez has agreed to a minor league contract with the Dodgers, MLB.com reports.

Impact

A top player in Cuba before his defection, Fernandez is mostly an unknown commodity at this point, having not played professionally in over two years (outside of an 18-game sample in the Dominican Winter League in 2016). Fernandez turns 29 in April and the strength and athleticism may be diminishing, but if his plate skills are intact, Fernandez could work his way into the discussion for the starting role at second base. The position is (currently) wide open in Los Angeles.

Mike Fiers signed a one-year, $3.45 million contract with the Astros on Thursday, avoiding arbitration, Jake Kaplan of the Houston Chronicle reports.

Impact

The two sides managed to come to an agreement directly in the middle of their respective offers. With the contract negotiations out of the way, Fiers will look to improve upon his numbers from last year, as he was only able to muster a 4.48 ERA and a 7.2 K/9 across 30 starts and a relief appearance.

Elvis Andrus (groin) is expected to be healthy for the start of the 2017 season, Jeff Wilson of the Fort Worth Star-Telegram reports.

Impact

Andrus said that he's being careful while rehabbing his injury, but plans to be ready for the upcoming campaign. He also said that the groin ailment limited his ability to steal bases throughout 2016, so an increase in stolen base production may be in order for the 28-year-old shortstop.

Jordan Zimmermann (neck) threw pain-free off a mound last week, Anthony Fenech of the Detroit Free Press reports.

Impact

The right-hander was treated with injections and underwent physical therapy earlier in the offseason to address the neck and back pain he dealt with throughout a significant portion of 2016. It sounds like he's doing well and is on track for spring training. Zimmermann saw his strikeout rate plummet in his first season with Detroit (from 7.3 K/9 to 5.6), coinciding with another downtick in average fastball velocity.

Eduardo Rodriguez (knee) is expected to be 100 percent by the time spring training comes around, Jason Mastrodonato of the Boston Herald reports.

Impact

The left-hander injured his knee during a winter league game, although manager John Farrell doesn't seem too concerned about the ailment in the long run. There is a chance that Rodriguez begins the season in the minor leagues due to neither Drew Pomeranz or Steven Wright having minor league options remaining. However, the Red Sox still see the 23-year-old as a big part of their future, meaning he'll likely spend a considerable amount of time in the big leagues in 2017 regardless of where he starts the campaign.

Corey Knebel is no longer expected to enter the season as the Brewers' closer after the signing of Neftali Feliz on Thursday.

Impact

Prior to the Feliz signing, Knebel was the favorite to close games for the Brewers in 2017, but that won't be the case, at least not early in the season. It is possible that the Brewers will flip Feliz at the trade deadline if he is having a good season, so Knebel could still get a handful of saves, but he is now simply a speculative play in deeper leagues.

Neftali Feliz agreed to a one-year, $5.35 million deal with the Brewers on Thursday, and is expected to enter the year as the closer, Yahoo! Sports' Jeff Passan reports.

Impact

He can earn an extra $1.5 million in performance bonuses. Feliz posted a 3.52 ERA and 61:21 K:BB in 53.2 innings with the Pirates last year, but the long ball was an issue (1.68 HR/9). Still, he makes for a nice source of saves late in drafts. Of course, the Brewers have every reason to showcase him in a high-leverage role with the intention of flipping him at the trade deadline, so he may not rack up a full season's worth of saves. He passed his physical, so there should be no lingering concerns about him sitting out last September with an arm issue.

Austin Brice is headed for Cincinnati as part of the deal that sent Dan Straily to Miami, MLB.com's Joe Frisaro reports.

Impact

Brice saw the majors for the first time in his career with Miami in 2016, and gave up 12 runs (11 earned) over 15 appearances. He'll have a chance to earn a role in the Cincinnati bullpen this spring, but even if that doesn't work out, look for the right-hander to open the season in Triple-A. Brice has a fastball that can flirt with the upper-90s, but he'll need to get left-handers out consistently to be a mainstay at the major league level. Nine of his 11 earned runs in last year's stint came off the bats of lefties.

Dan Straily will be traded to the Marlins, pending physicals, in exchange for prospects Luis Castillo, Austin Brice and Isaiah White, MLB.com's Joe Frisaro reports.

Impact

Straily was claimed off waivers by the Reds prior to Opening Day of 2016, and he rewarded the team with a 3.76 ERA over 191.1 innings. The rebuilding Cincinnati team will flip him to Miami in a buy-low, sell-high move, gaining two of the Marlins' top-10 prospects in the process. Miami will have four years of team control over the 28-year-old, who should be a staple in its rotation going forward. Straily is moving to a more favorable home ballpark, but significant regression is still expected, as a low BABIP (.239) and high strand rate (81.2 percent) allowed him to post solid numbers despite walking 73 and allowing 31 homers last season.