Breaking News

Rob Manfred became the second major American sports commissioner recently to open up the conversation on legalized sports gambling in the United States.

The Boston Red Sox have bolstered the future of their pitching rotation by signing southpaw Wade Miley to a new contract.

O'Connell Sports reported the news on Thursday:

More details were presented by the Red Sox's official Twitter account:

Tigers slugger Victor Martinez will undergo surgery for a torn meniscus, which could see the star hitter miss the start of the regular season. 

Continue for updates.

As the Philadelphia Phillies continue to offload some of their veteran assets, closer Jonathan Papelbon continues to find himself at the center of trade speculation.

Todd Zolecki of MLB.com has more on two teams continuing to show interest:

Star Cuban prospect Yoan Moncada is close to becoming a free agent after it was determined he no longer needs a specific unblocking license from the Office of Foreign Asset Controls.    

If the Colorado Rockies are going to trade star shortstop Troy Tulowitzki in 2015, it doesn't seem like a deal will happen before the regular season starts.     

Devin Mesoraco and the Cincinnati Reds apparently have no interest in fighting each other in the arbitration process. The All-Star catcher agreed Monday to a four-year contract that buys out his three arbitration years and his first year of free agency.       

The Reds confirmed the move:

The ongoing cold war between the New York Yankees and third baseman Alex Rodriguez reportedly is headed for another battle.

With the Milwaukee Brewers' pursuit of closer Jonathan Papelbon dying down, the team is turning its attention back to Francisco Rodriguez. 

The Milwaukee Journal Sentinel's Tom Haudricourt has the most recent report:

Friday night, the Chicago Cubs, which had been used to getting good news during the past few months, got a piece of devastatingly bad news: "Mr. Cub" Ernie Banks, the greatest player in franchise history, died at the age of 83, per ESPN.com.