According to an article written by ESPN's Jerry Crasnick, Tom Glavine is returning to the Braves for at least one more season;

Tom Glavine reached agreement on a one-year contract with the Atlanta Braves that could pay him $4.5 million if he attains all his incentives.

Glavine will make a guaranteed $1 million, and an additional $1 million in his first day on the major league roster during the regular season. He'll be owed $1.25 million after 30 days, and an additional $1.25 million after 90 days, a source said.