-P- The Yankees have re-signed Mike Mussina for two years and $23 million. This deal strikes me as pretty reasonable. Mussina is probably among baseball's most consistent players - he's basically put up the same season over and over since 1998 or so. Even if Mussina is a little bit worse in 2007 and 2008 than he's been recently, this is still a pretty good deal in this market.
-P- The Reds have traded catcher Jason LaRue and cash to the Royals for a player to be named. I don't understand this deal for the Royals at all - I guess it could make sense in a short-sighted way if LaRue bounces back from his terrible 2006 season to his 2004-2005 form, but given that LaRue will be 33 next year, I don't see why that would happen. At this point, I doubt LaRue is any better than John Buck, a pretty similar player who happens to be six and a half years younger. And mostly, this just seems like the same old Royals, pointlessly spending money on players like Doug Mientkiewicz and Joe Mays.
-P- Former Pirate infielder J.J. Furmaniak has signed a minor-league deal with the A's.
As far as I know, there's no other Pirates-related news to report right now.