As per Ken Rosenthal on Twitter, the Pirates have reached terms with Russell Martin, pending a physical. We will continue to flesh this out with more details about the terms of the deal as they become available.
UPDATE 8:46 p.m. -- Rosenthal tweets, via David Waldstein, that Martin's contract is 2 years/$17M. If confirmed, that is for a higher average annual value than the original rumor of 3 years/$24M, but the shorter term plays better for the Pirates and their need to evaluate Tony Sanchez at the Major League level.
UPDATE 9:45 PM: A few conflicting reports on whether the Yankees made an offer.
Olney also notes that Texas was in on the bidding.
This content is for Pirates Prospects subscribers only. Subscribers get access to all of our daily articles on the Pirates and their minor league system, with live coverage throughout the system on a daily basis. Our lowest rates are $2.22 per month under our Top Prospect Plan, which also gets you a FREE copy of the 2016 Prospect Guide. Subscribe today to access all of our daily coverage of the Pirates' system.
If you're already a member, you can log in below. If you think you're receiving this message in error, please e-mail email@example.com.