According to Jim Duquette of MLB Network Radio, Jon Rauch and the Mets have agreed to a one-year deal worth $3.5 million plus performance bonuses. This is all assuming he passes his physical.
Rauch was 5-4 with a 4.85 ERA last season with the Blue Jays.
Steve Popper has reported that the Mets and Giants have agreed to the following deal: Angel Pagan to the Giants for Andres Torres and Ramon Ramirez.
Ken Davidoff of Newsday reported that the Mets have also signed a two-year deal with Frank Francisco. According to Davidoff, Francisco will serve as the team's closer and Rauch will be the set-up man. According to Adam Ruben, Francisco's two-year deal is worth $12 million.