Rays get creative in re-signing reliever Joel Peralta

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Tampa Bay and Joel Peralta have made official what was first reported two weeks ago, announcing a two-year, $6 million contract that also includes $2.5 million team options for 2015, 2016, and 2017.

Rarely do you see two-year contracts include multiple option years, let alone more option years than the initial length of the contract, but the Rays are nothing if not creative.

In this case it seems like the 37-year-old Peralta is happy to stay in one place after bouncing around early in his career and basically said: “You give me some decent money right now and you can control me for however long I’m still a worthwhile pitcher.”

Tampa Bay grabbed Peralta off the scrap heap after he was released by Washington and over the past two seasons he’s given them 135 innings with a 3.27 ERA and 145/35 K/BB ratio for a combined price of $3 million.

Anibal Sanchez accepts optional assignment to Triple-A

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The Tigers announced on Monday that pitcher Anibal Sanchez has accepted an optional assignment to Triple-A Toledo. Pitcher Warwick Saupold was recalled from Toledo to take Sanchez’s roster spot.

Sanchez, 33, continued to struggle this season pitching out of the bullpen. He gave up 26 runs (21 earned) on 34 hits and nine walks with 22 strikeouts in 21 innings. Nine of those 34 hits were home runs. Sanchez finished the 2015 season with a 4.99 ERA and last season with a 5.87 ERA, so he’s had a rough go of it in recent years.

The decision to go to Triple-A was Sanchez’s, Anthony Fenech of the Free Press reports. Sanchez wants to be stretched out as a starting pitcher again.

Braves release James Loney

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Just a few days after inking him to a minor league deal, the Braves have released first baseman James Loney, the team announced on Monday. Loney became expendable when the Braves acquired Matt Adams from the Cardinals on Saturday as a replacement for the injured Freddie Freeman.

Loney, 33, appeared in two games at Triple-A Gwinnett. He had one hit, a single, and one walk in eight plate appearances.

Loney will likely have to wait for another team to deal with an injured first baseman or DH before he can secure another contract.