Abreu gets $19 million guarantee from Angels

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According to Fanhouse’s Ed Price, the deal between the Angels and Bobby Abreu is worth $19 million over two years and includes a vesting option for 2011.
Abreu, who had to settle for a one-year, $5 million deal last winter, will make $9 million each of the next two seasons. The details of the vesting option aren’t known yet, but it is also worth $9 million. If it fails to vest, then the Angels can buy out Abreu for $1 million.
The deal leaves the Angels with six remaining free agents, including two who are expected to command big multiyear deals in John Lackey and Chone Figgins. They could also lose Vladimir Guerrero, Darren Oliver, Kelvim Escobar and Robb Quinlan.

Padres sign Jordan Lyles

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The Padres announced on Sunday that the club signed pitcher Jordan Lyles to a one-year major league contract with a club option for 2019. According to Jon Heyman of FanRag Sports, Lyles will earn $750,000 in 2018. Pitcher Travis Wood was designated for assignment to create room on the 40-man roster for Lyles.

Lyles, 27, had miserable results between the Rockies and Padres last season, compiling an aggregate 7.75 ERA with a 55/22 K/BB ratio over 69 2/3 innings. While he specifically gave up 24 earned runs in 23 innings across five starts with the Padres, it was a small sample. A full season at the pitcher-friendly Petco Park, as opposed to Colorado’s Coors Field, might help revitalize his career.

Wood, 30, went to the Padres at the non-waiver trade deadline from the Royals this past season. Overall, the lefty posted an aggregate 6.80 ERA with a 65/45 K/BB ratio in 94 innings. He’ll earn $6.5 million this season and has an $8 million mutual option with a $1 million buyout for 2019. So, the Padres are just eating $7.5 million minus the league minimum, assuming Wood latches on elsewhere.