BaseballSeattle Mariners -- OF Henry Cotto accepted the...

Baseball

Seattle Mariners -- OF Henry Cotto accepted the club's offer to go to arbitration.

Texas Rangers -- Signed free-agent SS Manuel Lee and free-agent OF Doug Dascenzo.

Basketball

Global Basketball Association -- A majority of the seven franchise owners voted to fold the 2-year-old league, effective today.

Colleges

Tennessee-Chattanooga -- Will pay former football coach Buddy Nix $205,000 to buy out the last three years of his contract. Nix was fired Nov. 23 after a 2-9 season.

Football

Green Bay Packers -- Placed LB Johnny Holland on IR. Activated LB Brett Collins from the practice squad.

New York Giants -- Activated CB Michael Wright from the practice squad. Put QB Dave Brown (broken right thumb) on IR.

Washington Redskins -- Activated S David Gulledge. Waived LB

Tony Barker.

Hockey

Philadelphia Flyers -- Traded LW Mark Pederson (3 goals, 4 assists) to the San Jose Sharks for RW Dave Snuggerud (4, 5). Sent C Len Barrie to AHL Hershey.

Soccer

AC Milan -- Announced that Marco Van Basten, considered the best forward in Europe, will have surgery tomorrow to remove cartilage from his right ankle and will be sidelined for about two months.