According to Candela Deportiva, free agent RHP Pedro Martinez has signed a one-year, $4 million deal with the Phillies.

…now that this is out there, it usually only takes a matter of time for the likes of Ken Rosenthal, Buster Olney, Jon Heyman, etc., to either confirm or deny the report…

…but, from what i can gather, the Phillies are dishing out no comments, suggesting there might be truth to this, and they’re just waiting to make an announcement…

Update, 5:10 pm:

In a post to his Twitter, MLB.com’s Todd Zolecki writes Phillies GM Ruben Amaro declined to comment when asked about the report in Candela Deportiva.

Update, 5:45 pm:

In a post to Twitter, SI.com’s Jon Heyman said he has heard Martinez is in serious negotiations with the Phillies, but he cannot confirm the Candela Deportiva that a deal is done.

Update, 6:47 pm:

According to Heyman, who talked to Martinez’s agent, Martinez will have final decision by Sunday.

Update, 6:50 pm:

…by the way, the buzz from people who are connected to martinez say the any deal is likely to be around $1.75 million, which sounds like $4 million pro-rated over two or three months...

...frankly, i still think i’d rather Jon Niese…

Update, 8:47 pm:

Martinez has agreed to throw for the Phillies for a second time, ‘to see how his arm responds,’ reports Jayson Stark on ESPN.com.

According to the report, “Amaro denied reports a deal was done, but confirmed the team’s interest in the three-time AL Cy Young Award winner.”