Buzz: Phillies sign Placido Polanco

The Phillies and 34–year-old infielder Placido Polanco have agreed to a three-year, $18 million deal, with a fourth-year option, according to the Philadelphia Daily News.

In 2005, the Phillies traded Polanco to the Tigers for Ugueth Urbina and Ramon Martinez.

Update, 10:16 am:

According to Jon Heyman of SI.com, the Phillies are expected to finalize a three-year, $18 million deal with Polanco later today.

Todd Zolecki of MLB.com believes the deal will include an option for a fourth season.

Original Post, Wed., Dec. 2, 10:31 pm:

The Phillies are making a very serious effort to sign Polanco to be their third baseman, says Jayson Stark on ESPN.com.

Similarly, FoxSports.com writes, “The Phillies are in serious talks with Polanco.”

According to Stark, the Phillies and Polanco could be discussing a three-year deal.

Earlier this off season, Stark said the Phillies were more likely to sign a free-agent like Adrian Beltre, Mark DeRosa or Polanco than sign free-agent Chone Figgins be their third baseman.

Nevetrheless, Jon Heyman of SI.com later said the Mets and Phillies will be competing this off season for Figgins, who is also a top priority for the Angels.

In 158 games this season for the Angels, Figgins hit .298 with a .395 OBP, 42 extra base hits and 42 stolen bases.