MLB Free Agency

And then there was one.

With news Friday that James Loney has re-upped with the Tampa Bay Rays for $21 million over three years, according to Ken Rosenthal of Fox Sports, there aren't many first basemen of note left on the free-agent market.

The baseball world is still awaiting word from Japan on whether star right-hander Masahiro Tanaka will be made available for MLB free agency after the league and Nippon Professional Baseball recently agreed to a new posting system.

The Kansas City Royals exacted their revenge on the New York Yankees, according to ESPN's Buster Olney, by outbidding them for second baseman Omar Infante. They agreed to terms Friday on a four-year, $30 million deal.

It's time to put your general manager hat on and make a very important decision. Your team is in position to add one impact player prior to the 2014 season. You can either trade for Tampa Bay Rays ace David Price or sign free-agent outfielder Shin-Soo Choo. Which would be the better choice?

This coming Monday ought to be a day for rejoicing around Major League Baseball, as Joel Sherman of the New York Post reports that the revised posting system for international players will be ratified.

For a team looking to reduce payroll commitments in 2014, the New York Yankees are not spending the offseason in the bargain-hunting section of the free-agent market. 

At this rate, it's hard to imagine the 2014 Yankees taking the field with a total payroll of less than $200 million. 

The market for relief pitching took an interesting, pricey turn for teams still trying to fill out their bullpens. Following a long line of questionable deals for specialists, the Colorado Rockies have signed Boone Logan to a three-year contract, according to Jon Heyman of CBS Sports.

The MLB winter meetings were lacking in major transactions, but all 30 teams returned home with a better understanding of their roster needs and which players are capable of addressing them.

Rest assured, front office staffs intend to continue exploring free agency and the trade market in preparation for the 2014 season.

Undervalued assets, in dollars or production, are the key to fielding a successful team.

The Seattle Mariners are back. That's the main message that one can take away from their signing of Robinson Cano. The deal was first reported by ESPN Deportes' Enrique Rojas.