News: Hughes has agreed to a three-year, $42 million contract extension with Minnesota, the New York Daily News reports.
Impact: The contract will replace the two years and $16 million remaining on his contract to in effect give him a five-year, $58 million deal. Hughes set a major league record for strikeout-to-walk ratio (11.63) in his first season in Minnesota while going 16-10 with a 3.52 ERA.
News: The Minnesota Twins and Hughes have agreed to a $58 million, five-year contract that adds $42 million in guaranteed money from 2017-19.
Impact: Hughes went 16-10 with a 3.52 ERA in his first season with Minnesota and led the major leagues among qualifying pitchers with an 11.63 strikeout-to-walk ratio. He had been scheduled to make $8 million each of the next two seasons as part of a $24 million, three-year contract he signed as a free agent after leaving the New York Yankees.
News: Ledezma signed a minor league contract with Minnesota, the St. Paul Pioneer Press reports.
Impact: Ledezma hasn't pitched in the majors since 2011 as he's had stints in Japan and Mexico since then. He had a 2.89 ERA with 17 strikeouts in 18.2 innings Aragua in Venezuelan league, so the Twins must have seen something they liked. Still, he'll likely just add depth at Triple-A.