BASEBALL DAILY REPORT : AROUND THE MAJORS : Indians’ Baerga Signed Through 1998

The Cleveland Indians on Tuesday signed Carlos Baerga to a four-year contract extension that will keep him in Cleveland through 1998. The deal is worth $21.4 million over six years and would be worth $26,066,667 if the Indians exercise an option for 1999. . . .Veteran relief pitcher Dave Smith, 38, announced his retirement from the Chicago Cubs after an unsuccessful comeback attempt from elbow surgery.