Eric Hosmer leaves KC for 8-year deal with Padres

Padres Optimistic In Pursuit Of Eric Hosmer

According to Kevin Acee of the San Diego Union-Tribune, the Padres have agreed to a deal with free agent first baseman Eric Hosmer. Further details of the contract were not immediately available. Jon Morosi of MLB Network reports that it's an eight-year deal with an opt-out after five years.

Hosmer was drafted 3rd overall by the Kansas City Royals in 2008.

Hosmer hit.318/.385/.498 with 25 home runs and 31 doubles for the Kansas City Royals in 2017, and has averaged 29 doubles and 23 home runs over the last three seasons, with a 119 OPS+ during that span.

Valeant Pharma (NYSE:VRX) Rating Reconfirmed at BTIG Today
In an analyst report sent to investors on Thursday morning, BTIG reiterated their Hold rating on Valeant Pharma (NYSE:VRX) shares. The company has a market cap of $6,520.00, a P/E ratio of 4.79, a price-to-earnings-growth ratio of 0.56 and a beta of -0.42.

Freeport-McMoRan Inc. (NYSE:FCX)
It is negative, as 25 investors sold ROL shares while 75 reduced holdings. 55 funds opened positions while 175 raised stakes. Tony Chedraoui increased its stake in Freeport (FCX) by 87.21% based on its latest 2017Q3 regulatory filing with the SEC.

Twins Trade For Rays' Odorizzi
Now he gets the opportunity to develop with the Twins as a piece of a potentially strong pairing atop the rotation. Cron from the Angels Saturday, and in a corresponding move designated left fielder Corey Dickerson for assignment.

For the Padres, this signing might not look great in a few years but it sure is a shot in the arm to their rebuilding efforts. They're probably figuring that by having Hosmer and Wil Myers locked up long term, they'll have some nice building blocks in place by the time guys like Fernando Tatis Jr, Mackenzie Gore and Luis Urias are ready to make an impact in the big leagues.

Hosmer, an All-Star first baseman in 2016 who has won two Gold Glove awards, is coming off his third straight season with at least 18 home runs and 93 RBIs.

The signing will certainly speed up the Padres' rebuild. The move caps off an uncharacteristically slow winter, which will hopefully allow more dominoes to fall.

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