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Cardinals Extend Wainwright

The Cardinals and pitcher Adam Wainwright have agreed to a four year extension worth with club options for 2012 and 2013. Wainwright is supposedly to be guaranteed fifteen million dollars, and the deal will cover the first years of free agency. Wainwright is just twenty-six, so I think this is a great deal for the Cardinals who lock up their new ace well through his prime years.

Here is what else is making news:

- The Nationals released pitcher John Patterson.

- Orlando Cabrera and the White Sox are not close to any deal.

- The Giants are still looking for an established third baseman.

- Kenny Lofton turned down the Rays.

- Rays looking at Coco Crisp.

That is all for now. Will update through MLB Rumors mobile if necessary.