IN THE NEWS: Free-agent OF Bob Dernier, who hit a career-high .317 with 31 stolen bases for the Cubs last season, signs a one-year contract with his original ML club, the Phillies.
IN THE NEWS: Cincinnati trades OF Dave Parker to the A's for pitchers Jose Rijo and Tim Birtsas, the Braves trade SS Rafael Ramirez to the Astros for a pair of minor leaguers, and in the day's biggest (and most lopsided) deal, the Cubs send dominating reliever Lee Smith to the Red Sox for pitchers Al Nipper and Calvin Schiraldi.
IN THE NEWS: In a 3-team trade, the Dodgers acquire relief pitcher Jesse Orosco from the Mets and relief pitcher Jay Howell and SS Alfredo Griffin from the A's, and send pitchers Bob Welch and Matt Young to Oakland and minor leaguer Jack Savage to New York. The Mets receive two A's minor leaguers to complete the deal, pitchers Kevin Tapani and Wally Whitehurst.
In the first trade ever between the Yankees and Mets that involves a ML player, the Mets send SS Rafael Santana and a minor leaguer to the Bronx for C Phil Lombardi and minor leaguers Darren Reed and Steve Frey.
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