LIVE: Follow the winter meetings in Indy  —  The winter meetings are under way.  Who's going where?  Follow along as our team breaks the latest news from Indy.  —  Monday's latest news and notes  —  Sources: M's negotiating with Branyan — 8:15 a.m.  —  The Mariners are still engaged …

Mozeliak acknowledges pending deal with Penny, meeting with Boras  —  INDIANAPOLIS — While not yet ready to announce a deal with free-agent pitcher Brad Penny, St. Louis Cardinals general manager John Mozeliak confirmed that the team has an agreement in place with a starter and that the only thing left to be done is a physical.

Jason Bay and Hideki Matsui are options for Angels' offense  —  Angels General Manager Tony Reagins, after arriving at the winter meetings late this afternoon, said free-agent outfielders Jason Bay and Hideki Matsui, as well as Vladimir Guerrero, are among the options the team is looking at to bolster its offense.

Looking to Add Arms, Yankees First Deal One  —  INDIANAPOLIS — As the World Series champions, the Yankees are the object of envy at the winter meetings.  Yet as executives and agents huddled in hotel suites Monday, safe from the snow outside, the Yankees were just like the rest of baseball.

Carl Pavano, Rafael Soriano, Rafael Betancourt accept arbitration  —  INDIANAPOLIS — Minnesota starter Carl Pavano, Atlanta reliever Rafael Soriano and Colorado setup man Rafael Betancourt accepted salary arbitration offers before Monday's midnight deadline, keeping them with their teams for next season.

Latest buzz from MLB winter meetings … SI.com's Jon Heyman will report from baseball's winter meetings in Indianapolis, which take place from Monday, Dec. 7 through Thursday, Dec. 10.  —  Mariners ace Hernandez seeks $100 million deal  —  Mariners superstar Felix Hernandez will be seeking …

Yankees could thwart Cubs' shot at Granderson  —  INDIANAPOLIS — Latest hot winter-meetings rumor making the rounds in the Marriott Hotel lobby is that the Yankees are hot on the trail of Tigers center fielder Curtis Granderson, and that is not good news for the Cubs.

Now pitching full-time, Casey Kelly  —  Not a lot of news out of our meeting with Theo Epstein.  But there was this: Casey Kelly has decided to pitch full-time.  —  The 20-year-old informed the team a few days ago that he would give up playing shortstop and devote his time to pitching.

Relievers move up wish list for Crew at Indy  —  Pitching still main focus for Brewers after Day 1 of Meetings  —  INDIANAPOLIS — The Brewers' primary focus this winter is acquiring at least one starting pitcher, but club officials have lined up a wish list of relievers, too.

Mets going after Willingham, Rivera to fill left-field hole  —  INDIANAPOLIS— Fearing the market for Jason Bay and Matt Holliday will soar beyond their financial parameters, the Mets have intensified their pursuit of the Nationals' Josh Willingham and the Angels' Juan Rivera to fill their left field hole, the Post has learned.

Pudge signs two-year deal with Nats  —  Veteran backstop to serve as mentor for Flores  —  INDIANAPOLIS — Veteran catcher Ivan Rodriguez has agreed to a two-year, $6 million deal with the Nationals, MLB.com learned on Monday night.  Washington has not confirmed the report.

Rockies ship Murton to Japan  —  Move clears room in crowded outfield for Spilborghs  —  INDIANAPOLIS — Believing that Ryan Spilborghs will rebound from a down 2009, the Rockies reduced some of the crowd in their outfield by selling the rights to Matt Murton to the Hanshin Tigers in Japan on Monday.

Monday's latest news and notes  —  Source: Dodgers shopping LHP Sherrill — 2:15 a.m.  —  The Dodgers have a number of young relief pitchers coveted by other teams, including Ronald Belisario, Hong-Chih Kuo and Ramon Troncoso.  —  But when teams have inquired about those relievers …

The end of the Most Valuable Network, MVN.com  —  It is with regret that I'm writing to announce that I have made the decision to close down MVN.  —  There are many factors that led to this decision, and thusly I will not attempt to work through all the factors and the various happenings that led to this decision.

O's eye pitchers at start of meetings  —  Team, Rangers discuss deal for Millwood; club examining Bedard's medical records  —  INDIANAPOLIS - The Orioles' focus on Day One of baseball's winter meetings was on trying to upgrade a pitching staff that has been one of the worst in baseball.

Valverde rejects Astros' arbitration offer  —  Closer remains a free agent, creates questions for club  —  INDIANAPOLIS — Jose Valverde, who saved 69 games over the previous two seasons as a member of the Astros, rejected the club's offer of salary arbitration late Monday to remain a free agent …