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Hot Stove roundup: Formal offers made for Tanaka

Cubs, White Sox, Yankees, Dodgers, D-backs reportedly bidding for Japanese ace

While plenty of news came out of the Hot Stove on Friday thanks to the arbitration deadline, Saturday was much quieter by comparison. However, a few interesting tidbits did pop up.

Here's a look at some of the day's news and notes from around the big leagues:

Five teams have reportedly submitted formal offers for Japanese pitcher Masahiro Tanaka, who is expected to make a decision by next Friday. The teams are the Cubs, White Sox, Yankees, Dodgers and D-backs. All of the bids were believed to be more than $100 million and over six years.

• The Rangers signed left-hander Rafael Perez to a Minor League deal with an invitation to Spring Training. He last appeared in the Majors with the Indians in 2012. Pitching in the Minors for Minnesota and Boston last year, Perez combined to go 3-2 with a 2.60 ERA and six saves in 29 relief appearances for Triple-A Rochester and Double-A Portland.

• The Mets signed New York native John Lannan to a Minor League contract with an invitation to Spring Training. The left-hander is expected to compete with Jenrry Mejia and prospects Rafael Montero and Jacob deGrom for the fifth starter role. The team also agreed to terms with shortstop Omar Quintanilla on a Minor League deal.

• The Mariners and Indians are the apparent front-runners to land starting pitcher Scott Baker, according to Chris Cotillo of MLB Daily Dish. Between five and seven teams are interested in the right-hander.

• According to Tim Brown of Yahoo! Sports, left-handed reliever Joe Beimel has agreed to a Minor League contract with the Mariners with an invitation to Major League camp. Beimel hasn't pitched in the big leagues since 2011 and had Tommy John surgery in '12.

• The Phillies, Red Sox and Royals are among the teams interested in reliever Ryan Madson, according to Ken Rosenthal of FOX Sports. However, it is unlikely that he will sign with anyone until teams watch him pitch in February.

Quinn Roberts is a reporter for