Royals sign 21-year-old Salvador Perez to five-year deal

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Update: The Kansas City Star’s Bob Dutton reports that Perez is guaranteed $7 million through 2016. The deal could be worth as much as $26.75 million over eight years.

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The Royals locked up the youngest of their young major leaguers on Monday, signing 21-year-old catcher Salvador Perez to a five-year contract with club options through 2019.

Perez debuted in the majors last August and hit .331/.361/.473 with three homers and 21 RBI in 148 at-bats. The new arrival wouldn’t have been eligible for arbitration until after 2014 or free agency until after 2017.

Given the way young catchers tend to stall offensively, it’s a bit risky for the Royals to go long-term here. Still, the deal is almost sure to be cheap enough to make the upside worth it. Besides, they’re finally out from under that Angel Berroa contract now (right?). They can afford to splurge.

Luis Valbuena to miss four to six weeks with a strained right hamstring

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Angels first baseman Luis Valbuena will miss the next four to six weeks with a strained right hamstring, Pedro Moura of the Los Angeles Times reports.

Valbuena, 31, signed a two-year, $15 million contract with the Angels in January and was on track to get the lion’s share of the playing time at first base. While he’s out, however, C.J. Cron will handle first base on a regular basis. When Valbeuna returns, the two will likely form a platoon.

Last year with the Astros, Valbuena hit a solid .260/.357/.459 with 13 home runs and 40 RBI in 342 plate appearances.

Raisel Iglesias injured elbow and hips falling in the shower

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Reds reliever Raisel Iglesias hasn’t appeared in a Grapefruit League game since March 14 and now we know why. He injured his right elbow and both hips falling in the shower three weeks ago, Zach Buchanan of the Cincinnati Enquirer reports. He has had anti-inflammatory shots applied in both areas and he’ll be be shut down from pitching for a few more days.

Iglesias might not be ready for Opening Day, according to manager Bryan Price. Iglesias, however, thinks otherwise. He said, “I’m going to be OK. I’m probably going to throw one bullpen, and after that, mentally and physically, I’ll be ready to join the season and compete.”

Price said throughout the offseason that he intended to pick his closer according to the matchups rather than naming one official closer. As a result, this injury likely doesn’t change much except that Michael Lorenzen, Drew Storen, and Tony Cingrani may get a few more early season save chances if Iglesias doesn’t start the season on time.

Iglesias, 27, finished last season with a 2.53 ERA and an 83/26 K/BB ratio in 78 1/3 innings across five starts and 32 relief appearances.