According to Enrique Rojas from ESPNDeportes.com, the LA Angels and Fernando Rodney have reached an agreement. The deal is said to be for 2-years and 11 million.


Angels Reach Agreement With Fernando Rodney
 
According to Randy Youngman at the Orange County Register, the Angels are still interested in Atlanta starting pitcher Derek Lowe:

Angels interested in Lowe
 
The MLB Sporting News is reporting that there are still four teams in on the Jason Bay sweepstakes. The four teams are the Mets, Mariners, Giants, and Angels. The Mets are considered to be the favorites to sign Bay:

Four teams still in Jason Bay sweepstakes
 
ESPN's Jayson Stark reports that the Angels are in serious talks with free agent reliever Fernando Rodney:


Angels In Serious Discussions With Fernando Rodney
 
A four team deal fell through at the winter meetings that would have let some teams dump salary. The Angels, Cubs, Rays, and Mets were the four teams involved, while Milton Bradley, Pat Burrell, Louis Castillo and Gary Matthews Jr. were the four players involved.

  Four Team Salary Dump Trade Fell Through
 
The LA Angels have lost free agent lefty Darren Oliver to the Texas Rangers.

Darren Oliver Agrees To Deal With Rangers