Jeremy Affeldt

Giants and Jeremy Affeldt agree to three-year contract

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UPDATE: Jon Heyman of CBSSports.com was told by sources that the Giants and Affeldt have reached agreement on a new contract. As mentioned earlier, it’s expected to be about $18 million over three years.

3:45 PM: Last week Jeremy Affeldt and the Giants were said to be close to a three-year contract and now both Buster Olney of ESPN.com and Bob Nightengale of USA Today report that the reliever’s deal is expected to be worth $18 million.

Affeldt just finished a three-year, $14 million deal, so he gets a nice 29 percent raise after throwing 175 innings with a 3.09 ERA during the previous contract.

Signing a setup man for three years and $6 million per season through age 36 is a pretty steep price to pay, but obviously the Giants love Affeldt and he’s consistently been one of the best left-handed relievers in baseball since 2007.

Rangers sign Josh Hamilton to a minor league deal

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The Texas Rangers have signed Josh Hamilton to a minor league contract with an invitation to spring training.

Not at all surprising. The Rangers released Hamilton last August, but that was simply to make some room on the 40-man roster. His season was already toast due to the surgery he underwent to repair lateral and meniscus cartilage in his left knee which had the added bonus of revealing that he had an ACL injury as well, which required reconstruction. At the time of his release both he and the Rangers made noises about him coming back on a minor league deal in 2017.

Hamilton turns 36 in May. The smart money has it that his big league career is over, but Hamilton would be silly to retire given that he is owed $30 million this coming season. That the Angels are paying $26.41 million of that makes it far less painful for the Rangers as well. If he can hit in the spring, hey, let him DH some and pay him low money. If not, no skin off of anyone’s nose. He can request a release on April 1 if he hasn’t made the big league roster.

A-Rod to host a reality show featuring broke ex-athletes

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Alex Rodriguez’s transition into retirement has featured a serious move into the business world. He has gone back to school, worked seriously on investments and has started his own corporation. Yes, he’s set for life after making more money than any baseball player in history, but even if his bank account wasn’t fat, you get the sense that he’d be OK given what we’ve seen of his work ethic and savvy in recent years.

He’s going to be getting another paycheck soon, though. For hosting a reality show featuring athletes who are not in as good a financial shape as A-Rod is:

Interesting. Hopefully, like so many other reality shows featuring the formerly rich and famous, this one is not exploitative. Not gonna hold my breath because that’s what that genre is all about, unfortunately, but here’s hoping A-Rod can help some folks with this.