Rockies sign Jon Garland, give Rule 5 Draft pick Danny Rosenbaum back to Nationals

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As first reported by CBS Sports’ Jon Heyman, the Rockies have signed right-hander Jon Garland to a one-year contract. It has a $500,000 base and more than $2 million worth of performance-based bonuses.

Garland was released by the Mariners on Saturday despite posting a good-looking 2.25 ERA in 12 Cactus League innings. He is likely to open the 2013 regular season in the Colorado starting rotation.

Garland, 33, registered a disappointing 4.33 ERA, 1.39 WHIP and 28/20 K/BB ratio across 54 innings with the Dodgers in 2011 and then sat out the entire 2012 season after undergoing rotator cuff surgery. He owns a 4.32 career ERA and a 1.38 career WHIP.

To clear roster space, the Rockies returned Rule 5 Draft pick Danny Rosenbaum to the Nationals. The 25-year-old left-hander allowed four earned runs over eight innings this spring in the Cactus League.

Angels acquire Jabari Blash from the Yankees

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The Yankees announced on Wednesday that the club traded outfielder Jabari Blash to the Angels in exchange for a player to be named later or cash considerations.

Blash, 28, was acquired by the Yankees from the Padres back in December in the Chase Headley trade. In trading Blash to the Angels, the Yankees were able to free up a spot on the 40-man roster for Brandon Drury, the infielder they acquired as part of a three-team trade with the Diamondbacks and Rays on Tuesday.

Over parts of two seasons in the majors, Blash has hit an underwhelming .200/.323/.336 in 279 plate appearances. He will try to play his way into a bench role for the Angels this spring.