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The major-league record holder for saves in a single season (62), Rodriguez had a 6-2 record with a 2.64 ERA and 23 saves last season, serving mainly as an eighth-inning man with Milwaukee.

 

Toronto, ON (Sportsbook Betting Lines) - The Toronto Blue Jays have signed pitcher Carlos Villanueva to a one-year contract worth $2.27 million, avoiding arbitration. In 33 games last season, his first with Toronto, Villanueva held a record of 6-4 with an earned run average of 4.04. He started 13 of those games, a career high for the right-hander.

 

Kansas City, MO (Sportsbook Betting Lines) - The Kansas City Royals have agreed to terms on a contract with outfielder Mitch Maier for the 2012 season, avoiding salary arbitration. Financial terms were not disclosed.

 

Maier is the longest-tenured member on the Royals' 40-man roster and will start his 10th season in the organization. He was selected by the club with the 30th overall pick of the 2003 draft.

 

Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Phillies have avoided arbitration with left-hander Cole Hamels, signing him to a one-year deal worth $15 million plus incentives. Hamels was 14-9 last season and pitched to a career-best 2.79 earned run average. He also finished fifth in National League Cy Young Award voting, with teammates Roy Halladay and Cliff Lee placing second and third, respectively.

 

Hamels, who earned $9.5 million last season, had signed a multi-year deal with the Phils in 2009, but left his last arbitration year open. He can become an unrestricted free agent at season's end.

 

The Phillies also avoided arbitration with infielder Wilson Valdez on Tuesday, making outfielder Hunter Pence the team's lone remaining player eligible.

 

Originally drafted by the New York Yankees in 2003, Karstens has a 21-36 career record in 119 games (76 starts) for the Yankees and Pirates. He holds an ERA of 4.52 with 264 strikeouts in 501 2/3 innings.

 

Milwaukee, WI (Sportsbook Betting Lines) - The Milwaukee Brewers have named former infielder Craig Counsell as a special assistant to the general manager. Counsell wrapped up a 16-year big league career in 2011 with the Brewers, for whom he played his final five seasons. He batted .178 in 107 games last year.

 

"We are pleased to have Craig join our organization in a very significant role," said Brewers general manager Doug Melvin. "His knowledge of how to play the game, along with his work ethic and passion to see the Brewers succeed, will now be utilized and welcomed by our front office."

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Academy Award Betting Odds for Best Picture Offer Great Value

If there is any category that is not an obvious win for any one nominee in this year's Academy Awards, it would be for Best Picture.  Sure the Departed is a 5/7 favorite, but that's hardly anything when we look at Helen Mirren and her "out-of-reach" 1 to 40 odds (which means you would win a whopping $1 for every $40 bet).

For value, take a look at MySportsbook.com Oscars betting odds on my personal favorite, The Queen - a remarkable 12 to 1 long shot.  The film hasn't won any pre-awards for Best Picture (compared to The Departed and Little Miss Sunshine), but there is a tremendous following and it is a strong enough film to warrant a surprise win.

TV Guide advises Oscar watchers should be cautioned not to discount the  drama "Babel" with its strong social themes about overcoming communication gaps among people of different cultures.

"While 'Babel' lost several guild awards to 'Sunshine' and 'Departed,'  it still enjoys loyal support, and historically Oscar voters favor dramas with social messages over comedies like 'Sunshine' and violent crime movies like 'Departed'."

"It hasn't done well in the guilds, which means there isn't much industry support," said Tom O'Neil of awards site TheEnvelope.com, "But several critics are expecting it to win, and that gets my attention." Babel had 7 to 2 odds at press time.

Who is to say independently produced Little Miss Sunshine won't be this year's Crash.  Last year, Crash won for Best Motion Picture, shocking those who bet on gay cowboy flick, Brokeback Mountain, as the favorite to win. 

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