Update:  1/12 11:24am:  According to Alyson Footer, Sr. Director of Digital Media, the deal for Myers will pay him $3.1 million for 2010 with a mutual option worth $8 million for 2011.  If the Astros decline the 2011 option, there is a $2 million buyout.

1/8 20:39: According to ESPN, the Houston Astros have reached a preliminary agreement with right-handed pitcher Brett Myers.  The one-year contract is for $5 million plus performance incentives, and it includes a mutual option for 2011.  The agreement is pending a physical which is scheduled for next week.

Myers, 29, made $12 million with the Philadelphia Phillies last season.  He was 4-3 with a 4.84 ERA in 18 games with the club.  He spent 8 years with in Philadelphia.  You can Myers’ contract history and statistics here.