Giants sign Clay Hensley to one-year, $750,000 contract

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ESPN’s Jerry Crasnick reports that right-hander Clay Hensley agreed to a one-year, $750,000 contract on Thursday evening with the Giants.

The deal also carries around $300,000 worth of performance-based incentives, meaning Hensley could push the total value of it to over $1 million.

Hensley had a rough 5.19 ERA and 46/30 K/BB ratio in 67 2/3 innings last season for the Marlins, but the 27-year-old posted a promising 2.16 ERA and 77/29 K/BB ratio across 75 innings in 2010. And he owns a decent 3.94 career ERA.

Hensley might be best known for giving up Barry Bonds’ record-tying 755th home run back in 2007.

Twins will not pick up Glen Perkin’s 2018 option

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The Twins have informed reliever Glen Perkins they will not pick up his 2018 club option worth $6.5 million, MLB.com’s Rhett Bollinger reports. Instead, he will be paid $700,000 per his buyout clause.

Perkins, 34, has pitched a total of 7 2/3 innings over the last two seasons due to shoulder and biceps injuries. Bollinger adds that the two could come to terms on a minor league deal, but if they can’t reach an agreement, the lefty is likely to retire.

From 2011-15, Perkins emerged as one of the better relievers in baseball, making three All-Star teams. He compiled an aggregate 2.84 ERA with 340 strikeouts and 73 walks across 313 1/3 innings.