DETROIT -- The Detroit Tigers and Texas agreed to a blockbuster trade Wednesday night that would send slugger Prince Fielder to the Rangers for second baseman Ian Kinsler, according to a person with knowledge of the deal.
The person spoke on condition of anonymity because no announcement had been made.
Fielder signed a $214 million, nine-year contract with the Tigers before the 2012 season that includes a limited no-trade provision, and the big first baseman was set to approve the deal.
Kinsler just finished the first season of a $75 million, five-year contract.
The deal was first reported by CBSSports.com.
It's the first headline-grabbing move of baseball's offseason, and it involves two of the American League's top teams. Detroit has won three consecutive AL Central titles and reached the World Series in 2012, while Texas won the AL pennant in 2010 and 2011.
But neither team was about to stand pat. With stars like Fielder, Justin Verlander, Miguel Cabrera and Anibal Sanchez in the fold, Detroit's payroll had become one of the game's biggest, and although Fielder hit 55 home runs over the last two years for the Tigers, his numbers dipped this season and he struggled in the playoffs when Detroit lost to Boston in the AL championship series (see full story).
Yankees: A-Rod bolts grievance hearing
NEW YORK -- Alex Rodriguez benched himself at his own grievance hearing.
The New York Yankees star walked out in the middle of a session Wednesday, furious arbitrator Fredric Horowitz refused to order baseball Commissioner Bud Selig to testify. The move, followed by angry statements accusing Selig of bias and the entire arbitration process of flaws, appeared to be a prelude to a lawsuit challenging whatever ruling Horowitz makes on A-Rod's 211-game suspension.
Horowitz was in the midst of the third week of hearings on the grievance filed by the players' association to overturn the penalty given to the three-time AL MVP by Major League Baseball in August for alleged violations of the sport's drug agreement and labor contract.
"I lost my mind. I banged a table and kicked a briefcase and slammed out of the room," Rodriguez said during a 40-minute interview on WFAN radio. "I probably overreacted, but it came from the heart."
Rodriguez has not testified in the grievance and said he had been warned that repeating his denials of wrongdoing on the stand could result in attempts at additional discipline by MLB (see full story).
Cardinals: Matheny inks 3-year extension
ST. LOUIS -- The St. Louis Cardinals gave manager Mike Matheny a three-year contract extension through 2017 on Wednesday, rewarding him for deep postseason runs in his first two seasons in the job.
The team also said that 2005 NL Cy Young Award winner Chris Carpenter is retiring after missing this season with a recurring nerve issue in his shoulder.
Matheny led the Cardinals to the World Series this year, losing in six games to Boston. In 2012, his first season managing at any level, St. Louis fell one game shy of reaching the Fall Classic. The 43-year-old Matheny was a four-time Gold Glove catcher with St. Louis and had one year left on his deal.
"We didn't want any distractions, we knew we wanted Mike to be a part of this organization for a long time," general manager John Mozeliak said Wednesday. "So we might as well deal with it and get it behind us.
"Obviously, with the success he's had he deserves this contract," Mozeliak added (see full story).