Source: Twins agree to 4-year deal with Santana

The Twins got their man on the last day of the Winter Meetings on Thursday, as they agreed to sign right-hander Ervin Santana to a four-year, $54 million deal, according to a Major League source. The deal, which was not confirmed by the club because Santana has to undergo a physical, has a vesting option for a fifth year worth $14 million, which includes a $1 million buyout.

‘Extra player’ holding up Miley-to-Boston trade

As the Winter Meetings broke up Thursday, there was no apparent movement in the reported deal between the D-backs and Red Sox involving Wade Miley. FOXSports.com reported Wednesday that an agreement was in place on a trade that would send Miley to Boston in exchange for right-handers Rubby De La Rosa and Allen Webster. There’s another player involved in the transaction, and that appears to be what is holding up the deal.

Marlins land Latos as rotation gets more seasoning

The Marlins remained relatively quiet the first couple days at the Winter Meetings, but they went out with a bang, consummating two trades on Thursday that reeled in some needed pitching depth. The biggest impact move was reaching a deal for Mat Latos, a proven top-of-the-rotation right-hander with postseason experience. Miami also acquired righty Andre Rienzo from the White Sox.

Source: Kemp to Padres for Grandal in five-player deal

The trade of Matt Kemp to the Padres, continuing the jaw-dropping Winter Meetings makeover of the Dodgers, could lead to the acquisition of Phillies pitcher Cole Hamels, a baseball source said. Although the clubs have not yet confirmed it, the five-player deal will send Kemp, catcher Tim Federowicz and a reported $30 million to San Diego for catcher Yasmani Grandal.

Rule 5 of thumb: Gems can be found in Draft

Every Winter Meetings has a coda to it, an event that doesn’t generate the same kind of buzz as all of the trade and free-agent rumors that fill the hotel lobby throughout the Meetings’ first three days. But it does involve players changing organizations and, invariably, new big league careers come out of it.

O’s keeping lines of communication open

The O’s engaged in some more trade talks on Wednesday, renewing old conversations and starting new ones as some of the moves around baseball have caused new players to be made available. But nothing is hot, and right now it seems the focus has shifted to preparing for Thursday’s Rule 5 Draft, with Baltimore whittling the list from 60 candidates to a few finalists in anticipation of the event.