Indians’ one-year deal with Brett Myers includes $8 million option for 2014

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Brett Myers and the Indians officially announced their one-year, $7 million deal today and it was also revealed that the team option for 2014 is worth $8 million.

So if Myers pitches well and stays healthy he’ll get $15 million for two seasons, which would be the same contract that free agent starters like Joe Blanton and Brandon McCarthy received. Except, of course, that if he pitches poorly or gets hurt the Indians are only on the hook for half of that.

Myers’ off-field history would probably make any team think twice about adding him, but purely in terms of his on-field value the Indians got themselves a very nice deal in a seller’s market for pitching.

Giants sign Austin Jackson to two-year, $6 million contract

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The Giants announced on Monday night the signing of outfielder Austin Jackson. According to Jon Heyman of FanRag Sports, it’s a two-year, $6 million deal with performance incentives that allow Jackson to earn up to an additional $2.5 million for a total of $8.5 million.

Jackson, who soon turns 31 years old, spent last season with the Indians. In 318 plate appearances, he hit .318/.387/.482 with seven home runs, 35 RBI, and 46 runs scored.

The Giants have been on the hunt for a center fielder and Jackson addresses that need relatively cheaply. Jackson will join Hunter Pence and newcomer Andrew McCutchen in the outfield.