Since I know you were all waiting with bated breath...
Here's your press release. Watch as Bill says the same thing three different ways in one sentence!
"He has pitched in big games, including in the postseason, and helped a team to a World Series championship."
Still no word on the money, although the contract is absolutely four guaranteed years in length. Because Anaheim didn't offer Washburn arbitration, the Mariners aren't on the hook for a draft pick.
Personally, I'm ready to just cut our losses and call it an offseason, because I don't think I want to know what might be next, particularly if the Reed rumors have some basis in reality.