Reported to be close to a deal last week, Todd Coffey and the Nationals have finalized a one-year contract worth $1.35 million.
Coffey was non-tendered by the Brewers last month after earning $2.025 million in 2010, so Milwaukee accurately determined that his market value wasn’t quite that high. Still, he’s a solid middle reliever and the Nationals are getting a nice bargain.
Coffey posted a 3.52 ERA and 128/46 K/BB ratio in 153 innings during three seasons with the Brewers and has a good fastball-slider combo that induces more than 50 percent ground balls. He’ll out-perform several relievers who got multi-year deals this offseason.