Schilling posts the news - and even the financial particulars of the deal (he gets $1 million extra if he gets even a single vote for the Cy Young Award):

We agreed to a 1 year contract late last night. Today was the MRI, which I passed. Still trying to soak it all in. ...

We got EXACTLY what we wanted, and then some. This is where we want our career to come to a close. This city, this team. This is where we want to retire, raise our kids, and walk away. We got it, all of it, and more. ...