Joe Saunders’ deal with Mariners worth $6.5 million

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UPDATE: FOX Sports’ Ken Rosenthal reports that Saunders will make $6.5 million and could earn an additional $1 million with incentives. The deal includes a mutual option for 2014.

4:49 PM: It’s not official yet, but Joe Saunders has agreed to a one-year deal with the Mariners and Jon Heyman of CBSSports.com says it’ll be worth “around $7 million” in guaranteed money.

That’s basically the same contract Brett Myers got from the Indians and a step above one-year deals secured by guys like Shaun Marcum, John Lannan, Jeff Karstens, Mike Pelfrey, Scott Baker, and Jason Marquis this offseason.

Saunders had his sights set on a multi-year deal after throwing 175 innings with a 4.07 ERA for the Diamondbacks and Orioles last season and the 32-year-old left-hander was linked to a fair number of teams, but ultimately none made him a priority.

Saunders will basically replace Jason Vargas in the rotation after the Mariners traded him to the Angels for Kendrys Morales.

Report: Glen Perkins will retire from baseball

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According to MLB.com’s Rhett Bollinger, Twins GM Thad Levine told 1390 Granite City Sports that reliever Glen Perkins will retire.

Perkins, 34, has battled shoulder injuries over the last two years, limiting him to a total of 7 2/3 innings between 2016-17. His decision doesn’t come as much of a surprise given the circumstances. The Twins declined his $6.5 million club option back in October, making him a free agent.

Across parts of 12 seasons, all with the Twins, Perkins compiled a 3.88 ERA with 120 saves and a 504/158 K/BB ratio in 624 1/3 innings. He ranked among baseball’s best closers from 2013-15, racking up 102 of those saves with a 3.08 ERA. The lefty made the American League All-Star team in each of those three seasons.