Jason Bay’s contract with the Mariners is not fully guaranteed

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Some were surprised to see that Jason Bay was getting a $1 million deal from the Mariners after he accepted a buyout from the Mets about a month ago, but it turns out that his contract isn’t fully guaranteed.

Geoff Baker of the Seattle Times reports that if Bay doesn’t make the team out of spring training, he’ll only be guaranteed $500,000. However, if he surprises with a big spring and makes the Opening Day roster, he will get $1 million with the chance to earn an additional $2 million with incentives.

Bay, 34, batted just .234/.318/.369 with a .687 OPS over three seasons with the Mets, including a .165/.237/.299 batting line over 215 plate appearances in 2012. There’s a real chance that he’s done, but that didn’t stop the Mariners from taking a flier. Hey, it worked with Oliver Perez, right?

Report: Glen Perkins will retire from baseball

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According to MLB.com’s Rhett Bollinger, Twins GM Thad Levine told 1390 Granite City Sports that reliever Glen Perkins will retire.

Perkins, 34, has battled shoulder injuries over the last two years, limiting him to a total of 7 2/3 innings between 2016-17. His decision doesn’t come as much of a surprise given the circumstances. The Twins declined his $6.5 million club option back in October, making him a free agent.

Across parts of 12 seasons, all with the Twins, Perkins compiled a 3.88 ERA with 120 saves and a 504/158 K/BB ratio in 624 1/3 innings. He ranked among baseball’s best closers from 2013-15, racking up 102 of those saves with a 3.08 ERA. The lefty made the American League All-Star team in each of those three seasons.