"The A's have agreed to terms with right-hander Ben Sheets on a one-year contract, with a press conference called for 1 p.m. today at the Oakland Coliseum to introduce the four-time All-Star.

SI.com is reporting the deal is worth $10 million plus performance bonuses. That would be the largest one-year contract the A's have ever given a free agent they signed from outside their organization.

That would also be a significant investment for a pitcher who missed all of last season because of elbow surgery, but the A's have been zeroed in on Sheets, 31, since he impressed scouts last week with a throwing session in Louisiana.

Sheets reportedly hit the low-90's with his fastball and looked healthy. He provides a significant boost to a rotation that includes two-time All-Star Justin Duchscherer, highly rated second-year pitchers Brett Anderson and Trevor Cahill and returning starter Dallas Braden."