Rays re-sign reliever Joel Peralta to two-year deal

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Joel Peralta will be staying in Tampa Bay, as the free agent reliever and the Rays have agreed to a two-year, $6 million contract with a team option for 2015.

Peralta signed with the Rays in 2011 after the Nationals cut him loose despite excellent numbers the previous season and has logged 135 innings with a 3.27 ERA and 145/35 K/BB ratio in two seasons for Tampa Bay. During that time he’s been a bargain at a combined cost of $3.1 million.

Giving a multi-year deal to a 37-year-old is definitely a risk, but the price is certainly right and Peralta is coming off a season in which he posted by far the best strikeout rate of his career at 11.3 per nine innings and he was exceptional in the second half.

Report: Momentum in talks between Mariners, Jon Jay

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MLB.com’s Mark Feinsand reports that there is some momentum in talks between the Mariners and free agent outfielder Jon Jay.

Jay, 32, hit .296/.374/.375 in 433 plate appearances with the Cubs last season, which is adequate. He’s heralded more for his defense and his ability to play all three outfield spots.

The Mariners are losing center fielder Jarrod Dyson to free agency and likely don’t want to rely on Guillermo Heredia next season, hence the interest in Jay. The free agent class for center fielders is otherwise relatively weak.