Diamondbacks give J.J. Putz one-year, $7 million extension

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In case anyone was thinking Arizona’s plan was to let Heath Bell set up for a year and then turn the closer’s role over to him in 2014, the Diamondbacks made it clear Monday that they intend to keep the status quo; they signed J.J. Putz to a one-year, $7 million extension for 2014, the Arizona Republic’s Nick Piecoro reports.

The soon-to-be 36-year-old Putz was already under control for 2013 at $6.5 million after having his club option picked up.

Putz has turned in three straight relatively healthy seasons since missing a chunks of 2008 and ’09 with shoulder problems, though he hasn’t topped 60 innings since 2007. Still very effective, he’s 77-for-86 saving games with a 2.48 ERA in two seasons with the Diamondbacks.

The move means the Diamondbacks’ three top relievers are all signed through 2014. Bell is owed another $21 million, though the Marlins are covering $8 million of that. David Hernandez will make $1.5 million this year and $2 million in 2014.

Rays trade Jake Odorizzi to Twins

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The Rays have traded right-hander Jake Odorizzi to the Twins, per team announcements on Saturday evening. The Twins will receive minor league shortstop Jermaine Palacios in the deal. Despite previous speculation, recently-DFA’d outfielder Corey Dickerson was not included in the trade.

With Odorizzi, the Twins finally have the front-end starter they’ve been seeking all winter. It’s a bargain deal as well, as the 27-year-old righty is under contract through 2019 and didn’t require the club to part with any of their top-shelf prospects in the trade. Odorizzi will be looking to stage a comeback in 2018 after a dismal performance with the Rays last year, during which he eked out a career-worst 4.14 ERA, 3.8 BB/9 and 8.0 SO/9 through 143 1/3 innings.

Palacios, 21, ranked no. 27 in the Twins’ system last season. He split his year between Single-A Cedar Rapids and High-A Fort Myers, raking a combined .296/.333/.454 with 13 home runs and 20 stolen bases in 539 plate appearances. He’s expected to continue developing at shortstop, though he’s also seen limited time at second and third base during his four-year career in the minors.