Bill Chastain has an article out this morning, he says the Rays are working on signing right-hander James Shields to a long term deal, possibly a 7-year deal.
The news comes on the heals of the team avoiding arbitration with Carlos Pena, signing him to a 3-year $24.125M contract. They also signed Scott Kazmir to a 1-year $3.785M deal.
The Rays are optimistic that a contract can be complete, maybe as soon as next week. Shields finished the 2007 season with a 12-8 record and a 3.85 ERA.
