Giants re-sign Marco Scutaro to three-year, $20 million deal

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From FOX Sports’ Ken Rosenthal comes word that the Giants have re-signed infielder Marco Scutaro to a three-year contract worth a total of $20 million.

The Giants were holding firm on their two-year offer to the 37-year-old native of Venezuela before the Cardinals swooped in and tried to work out a deal. The Yankees were also interested at one point.

Scutaro batted .306/.348/.405 with seven home runs and 54 RBI in 683 plate appearances this summer between the Rockies and Giants. He then went 21-for-70 (.328) with eight RBI in 16 postseason games, helping to lead San Francisco to its second World Series title in the past three years.

The Giants have now spent $78 million to retain center fielder Angel Pagan, left-handed reliever Jeremy Affeldt and now Scutaro. Keeping the band together is nice, but it has certainly come at a high cost.

Twins will not pick up Glen Perkins’ 2018 option

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The Twins have informed reliever Glen Perkins they will not pick up his 2018 club option worth $6.5 million, MLB.com’s Rhett Bollinger reports. Instead, he will be paid $700,000 per his buyout clause.

Perkins, 34, has pitched a total of 7 2/3 innings over the last two seasons due to shoulder and biceps injuries. Bollinger adds that the two could come to terms on a minor league deal, but if they can’t reach an agreement, the lefty is likely to retire.

From 2011-15, Perkins emerged as one of the better relievers in baseball, making three All-Star teams. He compiled an aggregate 2.84 ERA with 340 strikeouts and 73 walks across 313 1/3 innings.