As reported on the Tigers official site and the MLB.com transactions page, the Tigers have avoided arbitration on Marcus Thames, signing him to a one-year deal. I cannot find the terms anywhere, but if I was to guess, I would say this is on the order of $1.5 million.
I would imagine Seay will sign shortly. The delay on Miguel Cabrera probably has to do with long term negotiations. The Tigers may bite the bullet and sign him for one year if things can't be worked out over the long term.
For an update, there still haven't been any terms disclosed on the contract. Believe it or not, a player of Thames' caliber could probably justify $5-8 million on the open market, so the deal will probably come at a discount.
In somewhat related news that I found out by doing a Google News search of "Thames," the River Thames apparently had flooding issues yesterday. It doesn't appear as if anybody is hurt, but I wish the best to our friends the Brits.
Danny Knobler is now reporting the deal is worth $1.275 million, a good deal for a player who could play a key role in the event of injury.