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Glen Perkins has dropped his grievance against the Minnesota Twins.

The two sides were able to reach a settlement earlier today, thus avoiding the hearing that was planned for this Friday in New York.

The grievance came as a result of the Twins’ decision to option Perkins to Triple-A Rochester after activating him from the disabled list at the end of August.

Perkins and his agent felt that he should have remained on the major league roster and been sent on a minor league rehabilitation assignment rather than being sent to the minors.

It's the middle of November, so there's a ton of speculation flying around the web about baseball players moving addresses before the 2010 season.

For teams like the disappointing Chicago Cubs, the final out of the World Series means the beginning of a new hope. But, this winter, that hope needs to be tempered with a strong dose of reality.

In baseball, it’s not always easy to find the answers.

To this day it seems that almost no pitchers have found the answer to Albert Pujols’ bat and no hitters—except Chase Utley—have found the answer for CC Sabathia’s left arm.

Today, however, there is one question that can be answered unequivocally:

Minnesota general manger Bill Smith is a busy man.

In the last week alone, Smith was rumored to be in on a deal for new Pittsburgh second baseman Akinori Iwamura, he traded away Carlos Gomez for J.J.

Chien-Ming Wang is a member of the World Champion New York Yankees, for now.

The 29-year-old right-handed starter is eligible for arbitration this winter and the Yankees have until the December 12 deadline to offer him a contract for next season, something that doesn’t appear likely.

Reports out of Philadelphia Friday are that the National League Champion Phillies will not pursue an extension with Brett Myers.

Myers, once the top of the Philadelphia rotation, fell out of favor over the last couple years because of injuries and off-the-field issues. He spent some time as the Phillies closer before Brad Lidge was acquired as well.

A whisper leaked out of Arizona on Wednesday that Chicago Cubs' left-hander Ted Lilly underwent arthroscopic shoulder surgery on Tuesday and isn't expected to return until April.

Great. [Collective sigh from Chicago's North Side.]

Here we go again.

So how does the knowledge that Lilly's now expected to likely miss the first month of the season impact the Cubs as they approach this important winter?

Let's examine a few scenarios.

Reports are flying out of Arizona, where the Chicago Cubs are having their first winter management meetings with new owner Tom Ricketts, that apparently 2009 hasn't bottomed out just yet.

Apparently, the team's only All Star might be a question mark to begin the 2010 season.

That's right folks, it appears that Ted Lilly had arthroscopic surgery on his left (pitching) shoulder yesterday.  The Cubs aren't releasing a lot of details, obviously, but they did say they hope Lilly's ready "within the month of April."

Will the Phillies win Games Six and Seven this week at Yankee Stadium?

Probably not.

The 1985 Kansas City Royals were the last team to come back from a 3-1 deficit to win the World Series.

However, if the Phillies do pull off some kind of miracle in the Bronx, Joe Girardi’s decision to start A.J. Burnett in game five on three days rest will be second guessed all winter.

On Friday morning, the Chicago Cubs introduced their new owners to the media and the world with a press conference from a rainy Wrigley Field. The 35 minutes of questions and answers was informative, humorous, and encouraging for not only Cubs fans, but any baseball fans.

Tom Ricketts, the leader of the Ricketts Family, gave a brief introduction statement in which he outlined three points for Cubs fans under which they will work moving forward:

1. "We're going to win a World Series"