Sergio Romo agrees to two-year, $9M contract with Giants

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The Giants have wrapped up their final arb. case.

According to beat writer Henry Schulman of the San Francisco Chronicle, closer Sergio Romo agreed Wednesday evening to a two-year pact that will cover his final two years of arbitration eligibility.

No word yet on the exact financial layout.

Romo posted a dominant 1.79 ERA and 0.85 WHIP over 69 appearances last season, fanning 63 batters and issuing only 10 walks in 55 1/3 innings. He was also a force in the playoffs, racking up three saves against the Tigers in the Giants’ World Series sweep.

The 29-year-old right-hander boasts a 2.20 career ERA, a 0.88 career WHIP and a 10.7 career K/9 through his first five major league seasons. He will be eligible for free agency heading into the 2015 campaign.

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UPDATE, 10:33 PM: Schulman says Romo will make $3.5 million in 2013 and $5.5 million in 2014. So it’s a two-year, $9 million contract.

Jonny Venters is still pitching

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Lefty reliever Jonny Venters was among a handful of players the Rays signed to minor league contracts, Marc Topkin of the Tampa Bay Times reports.

Venters, 32, hasn’t pitched in the majors since 2012 and has logged just 27 2/3 innings in the minors in the meantime due to a continuous battle with his elbow. According to David O’Brien of the Atlanta Journal-Constitution, Venters has undergone four — four! — Tommy John surgeries.

When he was healthy, Venters was a fearsome late-game option for the Braves. He posted a 1.95 ERA with 93 strikeouts in 83 innings in 2010, and a 1.84 ERA with 96 strikeouts in 88 innings in 2011. His first-half performance in 2011 earned him a spot on the National League All-Star roster.

Venters has spent the last two years in the Rays’ system and he’ll try to make it a third.