Indians re-sign Grady Sizemore to one-year, $5 million deal

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Three weeks after declining their $8.5 million option on Grady Sizemore the Indians have re-signed the oft-injured outfielder to a one-year, $5 million contract.

Jordan Bastian of MLB.com reports that the deal also includes up to $4 million in additional incentives and Sizemore received a $500,000 buyout to become a free agent in the first place, so basically he can earn the entirety of the option that was declined if he stays healthy.

Sizemore reportedly drew offers from quite a few teams, but focused on negotiating with the Indians last week and clearly wanted to remain in Cleveland if possible. Agreeing to a one-year deal with no option for 2013 gives him a chance to get healthy and recoup his value with an eye toward hitting the free agent market again next winter at age 29 and the Indians apparently plan to keep him in center field.

From the Indians’ point of view they essentially changed $4 million in guaranteed money into $4 million in incentives for a one-time franchise building block who hasn’t been healthy and productive since 2008, missing 276 of a possible 486 games since then. It seems like a win-win move for both sides, but there’s no doubt that Sizemore’s career is at a major crossroads.

Tigers release Francisco Rodriguez

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Tigers’ right-handed reliever Francisco Rodriguez was released on Friday, per a team announcement. The club recalled fellow right-hander Bruce Rondon from Triple-A Toledo in a corresponding move.

The former closer got the boot after losing his closing role in early May, giving left-hander Justin Wilson a chance to impress at the back end of the bullpen. It’s been a rough year for Rodriguez, who manufactured six blown saves and a 7.82 ERA, 3.9 BB/9 and 8.2 SO/9 over 25 1/3 innings for the Tigers. The final straw, it seemed, came with Robinson Cano‘s grand slam in the seventh inning of the Tigers’ 6-9 loss to the Mariners on Thursday.

While the demotion to a clean-up role and an apparent lack of communication caused Rodriguez considerable frustration, he’s two years removed from his last dominant performance as a major league closer and has shown few signs of returning to form. His recent slump doesn’t diminish the impressive totals he’s racked up over his 16-year career — 437 saves and six All-Star nominations among them — but if he can’t break out of it soon, he may not receive the kind of high leverage role he’s seeking with another big league team, either.

The Red Sox sign Jhonny Peralta

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The Red Sox have signed third baseman Jhonny Peralta to a minor-league deal. He’ll report to Pawtucket.

Peralta, 35, hit a paltry .204/.259/.204 in 58 plate appearances for the Cardinals this year. But with Pablo Sandoval on the disabled list — and ineffective when he hasn’t been — the Sox could use some infield depth.

This is the second former Tiger that former Tigers GM Dave Dombrowski has picked up today, after signing Doug Fister. No word if he’s kicking the tires on Andy Dirks or Brennan Boesch.