Via mlb.com -

The Rays agreed to terms with free-agent outfielder Pat Burrell on Monday, dramatically increasing the likelihood of free-agent first baseman Jason Giambi returning to the A’s.
An industry source told MLB.com on Monday afternoon that Oakland could sign Giambi this week, likely to a one-year deal with a possible second-year option.

A’s general manager Billy Beane, who is known to have had several conversations with Giambi and his agent, Arn Tellem, cited his long-standing policy against discussing negotiations while declining comment Monday afternoon.

The A’s and Rays have long been viewed as the front-runners to sign Giambi for the past several weeks. But former Athletics player Carlos Pena is locked in at first base for Tampa and Burrell is expected to serve as the defending American League champions’ designated hitter, so the Rays appear to have no room for Giambi.

Good for the “Big G.” He and Bob Alejo can make like Peaches and Herb now in the Green and Gold…