MLB Hot Stove Rumors 11/16/12

1:55 p.m. Eastern
-Toronto struck again, signing OF Melky Cabrera to a two-year deal worth $16 million, according to Enrique Rojas. Cabrera led the NL in hitting until he was suspended 50 games for PED use and won’t be the focal point of what should be a loaded Blue Jays squad.

1:25 p.m. Eastern- Afternoon Update
-B.J. Upton met with the Phillies earlier in the week in addition to meeting with the Braves on Thursday, says Ken Rosenthal.
-San Diego acquired starter/reliever Tyson Ross from Oakland in a four-player deal that saw two fringe-level players go to the A’s.
-Derek Jeter may not be ready for Opening Day? Say it ‘aint so!
-Cincinnati won’t be going after Michael Bourn and won’t be trading SS Zack Cosart this offseason.
-Pitcher Ryota Igarashi signed a three-year deal to return to Japan with the Softbank Hawks. Igarashi’s former team, the Mets, inked Brian Bixler to a minor league deal.
-There is some interest around the league in Kevin Slowey, says Jon Morosi.

8:25 a.m. Eastern- Morning Update
-Boston’s interest in Josh Hamilton is “overblown,” according to Rob Bradford of WEEI. Baltimore, Seattle, Philadelphia and Atlanta all have some degree of interest in Hamilton. The Red Sox will be discussing a contract extension with Dustin Pedroia.
-B.J. Upton visited with the Braves on Thursday as Atlanta looks to adequately replace Michael Bourn. Both could get five-year deals worth around $75 million and the Phillies and Nationals are the teams most active on Bourn. Atlanta is also looking for a LF.
-Re-signing Kevin Youkilis is still possible for the White Sox, but they’ll likely look internally for a 3B, says Scott Merkin.
-Joel Sherman says that more megatrades like the ones Miami and Boston made are going to happen in the future. Colorado will not be one of those teams, as they’ll reportedly be keeping both Troy Tulowitzki and Carlos Gonzalez.

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