Angels owner Arte Moreno not willing to eat a substantial chunk of Vernon Wells’ contract

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Angels outfielder Vernon Wells has drawn interest this winter from teams like the Phillies and Yankees.

But it doesn’t sound like he is headed anywhere.

According to CBS Sports’ Danny Knobler, Angels owner Arte Moreno isn’t willing “to pay a substantial part” of the $42 million in salary that Wells is owed over the final two years of his current contract.

Wells has batted just .222/.258/.409 in 791 plate appearances since being acquired from the Blue Jays before the beginning of the 2011 season. He was a .280/.329/.475 hitter with Toronto.

The 34-year-old will operate as an extremely overpaid reserve outfielder this season in Anaheim.

Twins will not pick up Glen Perkin’s 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.