UPDATE: The deal is official.
Phil Mackey of 1500 ESPN reports that Burton will earn $2 million next season and $3.25 million in 2014. The new deal includes a $3.6 million club option for 2015 that can be bought out for $200,000.
4:38 PM: As if the Twins haven’t been busy enough today, Darren Wolfson of 1500ESPN.com reports that they’re close to signing reliever Jared Burton to a contract extension.
Burton signed with the Twins on a minor-league deal last offseason following several injury wrecked years with the Reds and was fantastic in a setup role, throwing 62 innings with a 2.18 ERA and 55/16 K/BB ratio.
He was arbitration eligible for the final time in 2013, but according to Wolfson the extension would cover 2013 and 2014 while giving the Twins an option for 2015.
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.