INDIANAPOLIS -- He isn't Matt Holliday -- that situation is still pending -- but the St. Louis Cardinals did bag a starting pitcher Monday, agreeing to terms with free agent Brad Penny on a one-year deal, sources with knowledge of the talks told CBSSports.com.
The deal, pending a physical examination on Tuesday, will pay Penny a base salary of $7.5 million, with $1.5 million in incentives attached.
The big right-hander spent most of 2009 proving he again was healthy after battling a sore shoulder for most of 2008. In 34 starts for Boston and San Francisco in '09, Penny went 11-9 with a 4.88 ERA in 173 1/3 innings pitched.
The Giants were hoping to re-sign Penny and made a concerted effort but were informed Monday that he had decided to sign elsewhere. The Cardinals are hopeful that the news will become official by Tuesday evening.