MLB

New York Yankees legend Derek Jeter will have his famed No. 2 jersey retired by the storied organization before the team's game against the Houston Astros on May 14, 2017. 

The Yankees made the announcement official Tuesday morning:

It was a quiet first day at the annual MLB winter meetings in terms of deals getting done, but there was no shortage of intriguing rumors.

Chicago White Sox ace Chris Sale remains the hottest name on the trade market, while teams also appear ready to make a push to acquire veteran talent from a Kansas City Royals club looking to trim salary.

With such a limited free-agent market that has already seen a number of top-tier names signed, the trade scene figures to be as busy as ever this week.

Four free agents came off the board on Opening Day of the 2016 MLB winter meetings, a tetrad highlighted by Rich Hill's re-signing with the Los Angeles Dodgers and Mark Melancon, one of the three elite closers available to the highest bidder, joining the San Francisco Giants.

To begin, a mea culpa: I predicted Chris Sale would remain a member of the Chicago White Sox until at least the 2017 trade deadline.

Sure, Sale is still on the Sox's payroll as I type these words, but the rumblings from the winter meetings Monday indicated he's likely to swap uniforms.

NATIONAL HARBOR, Md. — Here the winter meetings are, smack in the Washington Nationals' backyard, and this might be where you can look out and see the end of the line for Bryce Harper in the nation's capital.

We all know the total cost for Harper when he becomes a free agent following the 2018 season will exceed that of the White House, the Pentagon and the gross national product of the New York Yankees combined.

The San Francisco Giants' run of even-year championships finally ended in 2016 in large part because their bullpen was cursed. Or to put it slightly more bluntly, just not very good.

All they had to do to solve this was sign the most expensive relief pitcher in Major League Baseball history.

Teams wasted little time in getting down to business on the first day of MLB's annual winter meetings, as Rich Hill and Mark Melancon, two of the higher-profile free agents, came off the board. Hill re-signed with the Los Angeles Dodgers, while Melancon signed on to solidify the back-end of San Francisco's bullpen.

The Boston Red Sox won the American League East in 2016 under John Farrell, and the organization decided Monday to keep the manager around a bit longer. 

The Red Sox announced they exercised the club option on Farrell's contract for the 2018 season.

Although Washington Nationals star Bryce Harper is under team control for the next two seasons, speculation is already running rampant as to his future in the nation's capital beyond the 2018 campaign. 

Continue for updates.

The World Baseball Classic confirmed Monday the participation of 30 players, highlighted by a list of 24 MLB All-Stars, according to MLB Communications.