The Phillies acquired centerfielder Ben Revere from the Twins in exchange for Vance Worley and Trevor May.

The Phillies traded Lisalverto Bonilla and Josh Lindblom for former Rangers third baseman Michael Young.

Rightfielder Delmon Young signed a one-year, $750,000 contract with the Phillies.

The Phillies signed setup man Mike Adams to a two-year, $12 million deal. Adams has a 1.98 ERA out of the bullpen since 2008.

Atlanta signed outfielder B.J. Upton to a five-year, $75.25 million deal and acquired his brother, Justin Upton, from Arizona. Along with Jason Heyward, the trio will compose arguably the best outfield in the National League.

Atlanta improved its already solid bullpen by acquiring reliever Jordan Walden from the Angels in exchange for right-hander Tommy Hanson.

Rafael Soriano signed a two-year, $28 million deal to be the Nationals' closer.

The Nationals acquired centerfielder Denard Span from the Twins.

Washington signed three-time All-Star starting pitcher Dan Haren to a one-year, $13 million contract.

The Mets agreed to a one-year, $4 million deal with starting pitcher Shaun Marcum.

The Mets acquired top-ranked catching prospect Travis D'Arnaud from the Blue Jays. The former Phillies' farmhand was part of the deal that brought in Roy Halladay in 2010.

The Marlins signed former Phillies outfielder Juan Pierre to a one-year, $1.6 million contract and third baseman Placido Polanco to a one-year, $2.75 contract.