MLB Winter Meetings: Day One Thread

The 2016 MLB Winter Meetings have arrived and news of signings and trades will be circulating all week. We'll update this post (a new post each day) with all the news and substantiated rumors from the meetings.

1:00 PM | The Dodgers announced they have re-signed 36-year-old pitcher Rich Hill to a three-year, $48 million contract. He went 12-5 with a 2.12 ERA in 20 games last season.

https://twitter.com/Dodgers/status/805834247273492482

1:00 PM| Sherman: Melancon deal with Giants said to be in 4yr $62M range

11:45 AM | Melancon looks to be the first closer off the market with Chapman and Jansen lobbying for massive contracts.

Sources: #SFGiants close on Melancon.

— Ken Rosenthal (@Ken_Rosenthal) December 5, 2016 9:40 AM |  Steve Pearce signs a 2-year deal with the Blue Jays.  Interesting to see how the early signings effect the Encarnacion market.

Sources: The Jays and Steve Pearce agree to a two-year, $12.5 million deal.

— Buster Olney (@Buster_ESPN) December 5, 2016