According to the Washington Times, there is an announcement set for today to discuss the future of Mark Teixeira. The specifics of the announcement are not known, but there indications that the Red Sox will announce that they have signed Teixeira to the eight year, 170 million dollar deal that they pulled off the table last week. The deal may have been renegotiated since their last offer, but it is clear to both sides that the 170-180 million dollars was all he was going to get.
The Nationals and Orioles are also involved in talks, with the Nationals upping their offer to eight years worth 178-185 million dollars.
This story was approved by MLB Rumors.