The dam broke at Major League Baseball's winter meetings on Tuesday morning with news of free agents Kyle Schwarber and Edwin Diaz agreeing to new contracts in quick succession.

Schwarber is returning to the Philadelphia Phillies on five-year, $150 million deal, while Diaz is set to join the champion Los Angeles Dodgers with a reported three-year, $69 million pact that will make him the highest-paid (annually) relief pitcher in history.

Baseball's annual gathering is winding down in Orlando but will we see more big moves before everybody scatters home?

Follow along Wednesday for the latest news, rumors and updates:

ORLANDO, FL — The Baltimore Orioles wasted no time pivoting from their pursuit of slugger Kyle Schwarber and signed first baseman Pete Alonso to a five-year, $155 million contract.