The Orioles added some depth by signing of outfielder Francisco Peguero on Saturday morning, after he was non-tendered by the Giants earlier this week.

The Rule 5 Draft has been likened to finding diamonds in the rough, or maybe even a needle in a haystack. The annual December Draft gives teams the chance, at a relatively low cost, to find big league talent among a collection of players whose original teams didn’t believe were valuable enough to protect on the 40-man roster.

The Nationals have spent the offseason looking to improve their bench. They took a step forward Friday, agreeing to a two-year deal with outfielder Nate McLouth, pending a physical, a baseball source confirmed to MLB.com. The deal is worth $10.75 million with an option for a third year.

Carlos Beltran is a perfect fit for the Yankees, and not just because he makes that lineup significantly better. He’s the prototype of what the Yankees want their players to be.

The Yankees quickly moved on from second baseman Robinson Cano, agreeing to a three-year, $45 million deal with outfielder Carlos Beltran on Friday evening, according to multiple reports.

Even after losing Robinson Cano in free agency, the Yankees are still in the game. Anyone who thinks otherwise is nuts.

The Hot Stove reached ridiculous heat levels Friday, as a handful of free agents signed or agreed to terms — including the biggest free agent of all. Five-time All-Star second baseman Robinson Cano agreed to a 10-year, $240 million deal with the Mariners, according to multiple sources.

After losing two starting players from their World Series-winning team earlier in the week, the Red Sox retained a key piece on Friday night by agreeing to terms with first baseman Mike Napoli on a two-year, $32 million deal.

Robinson Cano reportedly agreed to a 10-year, $240 million contract with the Mariners on Friday, a departure that officially flipped the script of the Yankees’ winter.

So much has changed since these guys were last together. As snow fell outside, the Reds gathered inside at the Duke Energy Convention Center for the 2013 edition of Redsfest on Friday. It was the first chance for the club to show off what has changed since the team’s Oct. 1 elimination from the playoffs.

Looking for an impact player to help bolster their offense, the Mariners landed a whopper on Friday when five-time All-Star second baseman Robinson Cano agreed to a 10-year, $240 million deal, according to multiple sources. The Mariners said they were not able to confirm any news regarding Cano.

The Astros filled their need for a veteran arm in the rotation by agreeing to terms on Friday with Scott Feldman on a three-year deal worth $30 million.

Once Robinson Cano’s 10-year, $240 million deal becomes official, the mid-market Mariners will have two of the top 11 highest-paid players in Major League history on their current roster. But the club isn’t totally new to big deals.

The Yankees on Friday announced a one-year contract with free-agent infielder Kelly Johnson, who could slot in as an option at second base.

Sure, the Robinson Cano negotiations turned out a lot different than most of us thought they would. The Yankees lost their No. 3 hitter to the Mariners for a compensation Draft pick — essentially unimaginable in any era — but it’s hardly the first time Cano has written an unexpected script.

To really cash in on Robinson Cano, the Mariners need to put at least one more experienced, impact bat — and probably two — around him. Because the only way Cano’s signing makes sense in the long run is if it contributes to winning.

The Mets and free-agent outfielder Curtis Granderson have agreed to a four-year contract, according to the New York Post. The Mets have not confirmed the deal.