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7/3/12 Toronto Blue Jays designated P David Pauley for assignment.
7/3/12 Detroit Tigers optioned P Luis Marte to Triple-A Toledo (International).
7/3/12 Detroit Tigers optioned 2B Danny Worth to Triple-A Toledo (International).
7/3/12 Detroit Tigers called up P Jose Ortega from Triple-A Toledo (International).
7/3/12 Detroit Tigers selected the contract of P Darin Downs from Triple-A Toledo (International).
7/3/12 Chicago White Sox signed 3B Jeff Baisley.
7/3/12 Tampa Bay Rays signed CF Joey Rickard.
7/3/12 Detroit Tigers designated 2B Matt Young for assignment.
7/3/12 Toronto Blue Jays signed Marcus Stroman.
7/3/12 Chicago Cubs signed P Ryan McNeil.
7/3/12 Chicago Cubs signed P Carl Lang.
7/3/12 Chicago Cubs called up P Chris Volstad from Triple-A Iowa (Pacific Coast).
7/3/12 Chicago Cubs optioned P Casey Coleman to Triple-A Iowa (Pacific Coast).
7/3/12 Minnesota Twins called up P Cole DeVries from Triple-A Rochester (International).
7/3/12 Minnesota Twins optioned P Liam Hendriks to Triple-A Rochester (International).
7/3/12 Oakland Athletics activated P Bartolo Colon from the 15-day disabled list (strained right oblique; went on 6/23). Analysis

Ben Lindbergh is the Editor-in-Chief of Baseball Prospectus. He writes regularly for ESPN Insider, has contributed to four BP annuals and Extra Innings: More Baseball Between the Numbers, and served as assistant editor of Baseball Prospectus 2011 and editor of the two-volume Best of Baseball Prospectus collection. He formerly worked as a baseball analyst for Bloomberg Sports, and has interned for multiple MLB teams. He was inducted into the Baseball Writers' Association of America in December of 2011.

R.J. Anderson lives in Florida and joined Prospectus in 2011. In the past, Anderson's work has appeared on ESPN, SLAM, and Wired, as well as in the Wall Street Journal and USA Today. His nightmares include an endless loop of Hank Blalock playing third base.