A’s sign Nick Punto

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Nick Punto has agreed to a one-year deal with the A’s, according to Jane Lee of MLB.com.

Lee reports that the contract also includes an option for 2015, so the 36-year-old might stick around in Oakland for a couple seasons.

Punto has played for four teams in the past four seasons, hitting .247 with a .658 OPS in 354 games over that span. Good plate discipline keeps him from being a total non-factor offensively and Punto remains a standout defensive infielder into his mid-30s. Toss in switch-hitting, good speed, and a reputation for being a plus in the clubhouse and he’s an ideal utility man.

UPDATE: Jeff Passan of Yahoo! Sports reports that Punto will get $2.75 million for 2014 and has a $2.75 million vesting option or a $250,000 buyout for 2015, so it’s officially a one-year, $3 million deal.

Twins will not pick up Glen Perkins’ 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.