The Indians have signed outfielder David Dellucci to a three-year deal worth $11.5 million. Dellucci has been pretty great for two years running, so this deal sounds good to me. Dellucci probably won't be good by the end of it, but he could easily earn his $11.5 million in the first two years. 2006 was the first year in a very long time that Dellucci hit lefties at all, but the Indians will presumably let Jason Michaels or someone else start against southpaws.
The Dodgers, meanwhile, have apparently agreed to a one year, $8 million contract with pitcher Randy Wolf. Whether or not this is a good idea depends heavily on Wolf's health, which I don't know much about. This is a great deal if he's healthy - Wolf was a very effective starter for several years - but that's a huge if. He spent most of last year recovering from Tommy John surgery and he hasn't pitched more than 137 innings in a season since 2003.