Jason Isringhausen’s minor-league deal is worth at least $700,000 if he makes Angels

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Yesterday the Angels and Jason Isringhausen agreed to a minor-league contract and Mike DiGiovanna of the Los Angeles Times reports that the deal is worth between $700,000 and $1 million in guaranteed money if he cracks the Opening Day roster.

DiGiovanna and other reporters covering the Angels seem to think that’s likely, and general manager Jerry Dipoto indicated that he views Isringhausen as a setup option more so than a potential middle reliever.

In other words, expect the 39-year-old right-hander to make the team, collect his $700,000-$1 million, and also perhaps tack on some additional money with incentives based on appearances.

Last season for the Mets he logged 47 innings with a 4.05 ERA and 44/24 K/BB ratio after not pitching in the majors at all in 2010.

Giants sign Austin Jackson to two-year, $6 million contract

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The Giants announced on Monday night the signing of outfielder Austin Jackson. According to Jon Heyman of FanRag Sports, it’s a two-year, $6 million deal with performance incentives that allow Jackson to earn up to an additional $2.5 million for a total of $8.5 million.

Jackson, who soon turns 31 years old, spent last season with the Indians. In 318 plate appearances, he hit .318/.387/.482 with seven home runs, 35 RBI, and 46 runs scored.

The Giants have been on the hunt for a center fielder and Jackson addresses that need relatively cheaply. Jackson will join Hunter Pence and newcomer Andrew McCutchen in the outfield.